Newspaper Page Text
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ARimitAGK 81‘K.CI Ij YTION.
A New Scheme AVorkod by .Shrewd
• Stock Operators.
A ro)H H adstrcef'6.
"Arbitrage"’ is a word which is board
in Wall street with increased frequency,
and which perforce must appear in the
writing of those who nave to do with the
affairs of M all street, but which to the
greater part of the public relers to a mys
terious and unknown part of tbe business
of tbe street. The word Itself is ol foreign
origin, and, primarily meaning an exer
cise of judgment, has come in the techni
cal sense which it contains in the
Exchange’s jargon to mean a traffic in
stocks which bear differing values at the
same time in different markets. It is one
of the possibilities which the cable
has opened to the speculative activity
of Wall street apd Oapel court, be
tween which'be largest operations of the
kind are transacted. To carry it. on suc
cessfully requires two parlies, who ope
rate simultaneously, or nearly so, in both
ithe London and Now York markets, and
is therefore here at least confined to some
ot the largest firms on the street with
such foreign connections. At present the
operations of these arbitrage houses, as
they are called, if often a considerable
item in the sum of the share speculation
in Wall street. Their buying or selling,
as the case may be, may he
instrumental In raising or de
pressing the stock market, and
foreign exchange is ol ten affected by the
offering of arbitrage bills drawn as part ;
of operations of this kind, a consider* j
able portion ol what is called buying or
selling lor “foreign account” is simply
the activity of
“ ARBITRAGEURS.”
With a number ot active American
stocks, such as New Yoik Central. Erie,
< St. Faul, Louisville and Nashville and
Union Pacific, dealt in on the Londou
Stock Exchange, there is ample oppor
tunity presented lor arbitrage business.
In view of its magnitude and the fact
that it has never been accurately de
scribed, oonsuieraWe interest attaches to
an article in a recent number of the Lon
don Statist, under the same title as the
one given above. Although taken from an
English point of view, it is applicable to
the American side of such operations,
and the following extracts give a good
id- a of the business:
The altet noon cable race is one of tbe
recent developments of stock exchange
enterprise. It is carried on in tbe inter
est of “arbitrageurs,” who buy and sell
tm tbe small margin of difference there
may happen to lie between the London anti
New York markets. Arbitrage is nlso
practiced between London and the conti
nental bourses, but on a smaller scale.
It is of foreign origin, and foreigners take
tbe lead in It even here. The market
which affords the finest scope for It is
American ra lways, the daily fluctuations
In these stocks being active and the de
viations from parity between London and
New York prices being often conslilers
ble. “rarity” is a Capel court uaiiie
1 ir equality—that Is, equality
between tbs price of a stock in dollars and
in sterling. Roughly sneaking, a pound
sterling Is the equivalent of $5, butou the
Stock Exchange they have to calculate
much liner than that. The rate ot ex
change varies from day to day and the
parity varies with it. Every morning it
will be found recorded in Reuter’s New
York prices. To-dav it may come over
*4 87, meaning therebv that the pound
sterling exchanges for $4 87. To-morrow
It may come over s4NttorslßS. In the
former case the dqllar price of a stick
would be worth a little more in sterling;
in the latter It would be worth a little
Jess.
Translating dollar prices Into sterling
prices at the exchange of tbe day involves
intricate calculation. Tables hav e been
framed to facilitate tie- process, but an
expert ’•arbitrageur” carries in his head
about all he needs for hia purpose. Reu
ter’s prices are given of course ill dollars
and the sterling prices average about 3
per cent, higher. Thus if the Wall street
quotation lor St. Paul were au even 100
the sterling equivalent would he 103, more
or less, according to the exchange at the
time. The two markets, London and
New York, move together as well as they
ran. but not so closely that the arbitrag
eur cannot get hie oar in here and there.
His business is to detect gaps between
tae latest New York prices and the corre
sponding pnci sin London. If it is only
V, per cent, he will cut in and "scalp” a
email profit.
Toe Ne.v Y ilt stock Exchange opens
at to o’clock, which in Lond> n means
ah lit, 3in the afternoon. I<’row0:lj& the
cable* oouie pouring in. They come to
the cilices of the arbitrage houses and
H.e tht ro turned into sterling prices, aud
these are compared with the Londou pri
ces at tbe moment. Like a flash of light
ning the arbitrageur has to decide whit
hewill buy and what he will s dl. He
rushes to the house and has his business
done tor him by brokers as smart and
keen as himself. Then he cables back to
-Vw York to "cover” his transactions,
that is, lo buy against what lie has sold
or to sell against vvliat he has bought. It
may lie that his partner or agent In New
York lias entered into transactions which
he must cover here ii he can. Tue game Is
n.AYKD SIMULTANEOUSLY
from both ends, and, like duplex tele
graphy, there are generally two uccounts
of speculation crossing each other.
Scores of buying and selling may he going
on together, each ot which carries a oer
tain amount ol risk, but ihe arbitraguor’s
hope is to come out right on tbe general
balance. In tne first cable lie opens he
may see New York < entral quoted at
J 11)54. the P“ r ‘ty of which, at the current
rale of exchange, would be 113 43 In sterl
llng. Tbe London price at the moment
may be 114’*; if be can sell at be
has a iair cuance of being able to covet
at New York—that is, buy against Die
sale at the equivalent of 113f$
In sterling. Should the New York
market remain as it opened till
his cable arrives and his agent
can execute the order, be will come on
With a profit of % per cent., less commis
sion and cost of cabling. But be takes
the risk of New Y’oik rising in tho inter,
val, Hi which case his agent has to cover
at a iosa or Keep tbe transaction open.
New Y’ork may have gone still weaker,
and the covering purchase may he made
so as to yield 1 per cent qr more. If the
arbitrageurs ar buvlng thev put tip
prices, and 11 they are selling they put
them down. It isonlv the earlv bird that,
catches the arbitrage worm, and the late
birds are more likely to he caught them
selves. Capel court and Wall street
are like two anna ot a delicately pois' and
balance. They are always deviating from
tbe level, but the slightest touch brings
them hack to It. By forestalling that
slight touch tho arbitrageur makes his
living.
There ore times when the deviation be
tween the two markets becomes consider
able. in a manipulated boom such as is
olten engineered by big operators, Capel
Court gets ahead of New York, aud the
“faney” stock sells sometimes as much as
a quarter bettor here than the correspond
ing diillur prices. That Is a sign London
la buying and New Y’ork unloading. When
the pendulum has had a long swing in
one direction itN found of course to swing
back. London tries to close its bull ac
count snd sell back to New York. Mean
time some opportune discovery bns
been made which serves as a pre
text for a boar campaign. Tbe British
bulla nmko a rush to got out. but Wall
street puts prices down on them fsster
iliau they care to follow, in that case
New York makes tbe running and London
has to look sbsrp. When the bear raid
ha* been run for all it is worth, Wall
street may begin te buy energetically on
the lower level of prioe*. This time it
leads London on au upwaid dance. To
j the arbitrageur it is all toe same whether
j the mar sets are going up or down, so
long as there is a margin between the two
which gives him elbow room to work in.
11 Is very touch-and-go business arbitrage
speculation.
A LONDON PAKiV.
Large anti Small I.ions Who Koar at
a Typical (social (lathering.
y>nrn a Lnnd>u tetter in Bnetnn Herald,
The season ends brilliantly in a oon
-1 linuous round of gayety and the inevit
able late hours that lire In I.ondon neces
sitates. The American contingent, fash
| ionable and artistic, is perhaps more than
| over to the tore, and the social “lionne” is
unquestionably Mrs. James Brown Pot
i ter, who is now the guest of M rs. M ackay.
i The other afternoon at Mr. Hamilton
Aide’s the heroine of the “Ostler Joe”
episode was much admired. She reoited
without affectation, and conversed end
moved with u simplicity which her suc
cess in London has not marred. As Mrs.
Potter's clear complexion, delicate color
ing, and bronze hair are "her own,” site
looks as well in the garish light of day as j
when the candles beam, and nothing ;
could have been more becoming tban her j
hat of coarse black straw, ornamented
with lilacs, aud her unimpeaohbiv draped
purple dress. Londoners admire her girl
ishness and entire absence oi pose. Miss
Chamberlain s “star” Is somewhat
eclipsed by that of Mrs. Potter. The Ohio
beauty is considered to resort rather too
freely to artificial aids to enhance, or de- i
tract from, a delicate complexion, and |
her favorite white dress is usually care- i
lesly worn. Another rival beauty is Miss
Mitchell, a daughter of Senator Mitchell.
She is a blonde and seclusiante. The peo
ple one meets at Ixmdon evening parties
are always much the same.
The most lashtonable sets are spiced
with the artistic element, society "here
having long since awoke to a sense of the
tact that it pays to reoeive aud entertaiu
bright people who are apt to amuse. The
other night, at s. house in Queen’s Gate
Terrace, Hyde Park, a step or so from tne
blaze and excitement of a fete at tne
Colonial exhibition, there was what may
he taken as a representative London
party. The splendid drawing-room was
crowded with celebrities, including Miss
Kortescue, who was accompanied by her
sister, a tall and slender girl, whose dark
hair makes her an excellent contrast to
the “goldenbaired darling” who occupied
the same shrine in the heart of the Vis
count Garmoyle that Miss Adele Grant
d>d in the experienced organ of Lord
Cairns. Miss Fortescue’s soft and
Greuze-like charms show to much better
advantage off the stage than on: her teeth
r.re the only delect, for, JJiougn white,
they seem imperfect ar.d irregular. She
wears her fair hatr low on the neck and
Listened at the back with a tiugo diamond
star. Her white brocaded velvet dress
betrays a characteristic English inac
curacy in taste—it is adorned with heavy
white "silk oordant. tassels—that should be
reformed altogether before she visits the
United States. She chats with Mrs.
Labnuchere, who is superb is a rose
colored moire dress, half covered with
guipure lace, and veiled with ea'mon
hited gauze, adorned with diamonds.
Mrs. Labouchere has a genial and svmpa
thetic face, and, though no longer young,
retains a vouthfulobarm. The trenchant
editor of Truth is himself present. Though
a professional cynic, Mr. Labouchere is
one of the most appreciative ot listeners
and he la evidently greatlv amused by the
witty “Americanisms” of Mrs. Barry
more. who with John Drew of Mr. Daly's
company, Is among the guests. Mrs.
Barrymore, who has adopted a becoming
style of Grecian coiffure, ala Sarah,
wears a magnificent velvet brocade dam
son and white, wit h a train of dark green
satin, and there are crimson roses at the
corsage. Mr. Bancroft, Charles Wvnd
bam, and Forbes Robinson represent the
stage, and the Americans include William
Fullerton, Beverly Tilden, and Signor
IVruglnl, who recently arrived from New
York.
A somewhat bulky, dark-complexioned
man, wbo conveys the Impression of an
overgrown boy, is Mr. William Wilde,
brother ot the famous Oscar, and a
poseur for melancholy. With sentimental
brown orbs and crisp blaok hair, brushed
straight back from ids olive forehead, is
tbe celebrated love-lorn, drawing room
tenor, the romantic, tbe intense, the un
conventional Mr. lsadore de Lars, who
has the art of singing passionate ballads
so that each woman in tne room may
fancy that they are addressed to her and
to her alone. De Lara has made a very
good thing out of this faculty. The guest s
are likewise entertained bv a lady wbo
plays on tbe zither and by a host in him
self, the only George Groesmith. the odd
lutle creature who has “created” all of
the leading comedy parts In Gilbert and
Sullivan’s oneras, and who is stlil to the
fore in drawing rooms. Mr. Grossmith
leads of! with an Irresistible ditty dedi
cated to all devoted dancing men, and
descriptive of a passionate performer of
the polka:
Y'mi should see me dance tho imlka.
You should see me cover the ground,
You should see my coat-tsi s flutter
As I whirl m; partner round!
Lsler on this queer, wizened little man
and consummate artist is joined by hiß
brother. Mr. Weedon Grbssmlth, iresh
from his success as the fashionable ama
teur, who is always throwing down his
part In “A Dress Rehearsal” with the
Rosina Yokes company in America. The
Grosvmiiba are very comical in an after
dinner scene, wherein a much tortured
host is trying to tell his guest a good
story, which be never succeeds in impart
ing, and in a pantomimic episode be
tween a dentist and his patient with the
toothache. These trifles, light as air, im
mensely amuse the guests.
His Mascot.
fr< n th Graphic.
Strong and husky, heavy and lusty, rea
sonably well dressed and fairly clean he
was; but about his garments hung the
odor of vagabondage, and. while there
was notbinv in hi appearance especially
marked, upon a second glanoo one be
came a-sured that be belonged to that
class which Is perpetually long on leisure
and short on cash.
A night or two ago on tho lake front
be elided uo and commenced in a fine,
hearty way:
“l know it’sdeepisable—”
"No, it isn’t. Not at all.”
He failed 10 be cruslnd at ths contra
diction, and commenced again:
"1 know it’s despisalilo—”
"Then let it alone.”
"As I was saving, 1 know It’s desnlsa
ble. but l happen to be broke and hungry
at the same lime, which Is two things that
ought, never coincide. Now, If—”
"No, you can't work me to-day.”
"Can’t ?’’
"No.”
"Good-day, then.” He started off, but
returned alter a tew steps. "Well, say”
—this in a confidentially low tone—“say,
will you accept the nomination ?”
"Nomination to what I”
“To lend me 10 cents,”
This was cruel, and it was with diffi
culty that the young man who works for
the Chicago Intor-Ocean could persuade
him that he was onto! politics.
Y'oll may not. loan me a cent, hut you
can’t keep me hungry. 1 can rise ah >ve
circumstances, 1 can. Do you see ihlsU’
Ho drew from his pocket a thing whlo 1
look'd like a rag with a button sewed on
it. It. hud evidently beeu a part of a
blouse or pair of overalls.
"There I*several years board in that. I
call it iny mascot. Talk about your
philosopher’s stone. This lays over every
thing.”
A second Inspection revealed nothing
now. It was simply a greasy rag with a
button ou it.
SAVANNAH MORNING NEWS: THURSDAY, SEPTEMBER 9. 1886.
“You tell me bow, and I will accept the
nomination.”
••Go yer. It’s this wav. There arc about
JOO restaurants in Chicago. Some are a
little too high-toned, but the majority go.
Some are 5-centers, but there are about
200 that care for their reputations. 1
work this way: I gots in and orders up
a square. No. *2l for three, punch when
you eat.’for me. 1 gets my squaie. leais
it. I orders up a plate of corn beef bash
or something soft. I worries the most, ot
it down. I slips my mascot into the (od
der. Then 1 harpoons it with a lork and
holds it up to public gaze. I gets very in
dignant, icalls (orthe head waiter and
hammers the table with my fist. I gets
everybody looking on and I asks the head
waiter what iie calls that. Is that the
siuff lie feeds his guests on ? I gets sar
castic and asks where is the rest of ibe
overalls—seeing os they are given clothi s
with every plate of hash. Then they
apologizes. 1 roar some more, and start
for the door. If they ever suggest pav I
talks loud, and wants to know bow much
nerve they have got to ask pav for poison
ing people with bine jeans and brass but
tons. JBut they hardly ever talks pay.
They are so anxious to get me to shut up
and nut of there that thev are giad to see
me go at anv sacrifice. That’s the whole
business. It works elegant. Don’t give
it, away, for 1 don’t want every common
tramp to get to working it. Gimme that
10 cents. So long.”
JttrDiral.
%
\feCIYS
<Lx[v. tv! CAi.ce.
Troves
Pervi^iWis’
Tcuw
KWVev
•theCUREfOr
CHOLERA
CKoUm-H\GrbweS ;^JiArrKen
Hus .•Summer o>m*
/vlVtvife, U Diseases
the BonreU.
CLINCMAN’S
Tobacco
REMEDIES
The KrteJ Medical Discovery of
the age. No fxmiiy ought to lie
wUkSBt theta.
THE CLINGMAN TOBACCO OINTMENT
THE MOST EFFECTIVE FKEPAR.A
*1 ION on themarkflt for Pil* A SVJKE (TRIi
lor IlchinK File*. Hu nrvrr failed to ifiru
prompt Will euro Anal Ulcer*. Abscess.
Vistula, Tetter, J4it Rbenm Barber’s Itch, King
worms, Pifliplos, Boren And Boils. Price j(> n*.
THE CUNGMAri TOBACCO CAKE
NATURE'S OWN REMEDY. Farr* *ll
Voana, Outs. Bruise*. Sprains. Erysipelas, Boils,
I'ftrhunolM. Bone Felons. Ulcers, Sores. Sure Eyes,
Son* Throat,Bunions Corns. Neureljria.KuoumHtiMu.
Orchitift. Gout, Rheumatic Gout, Golds, Coughs.
BronohitU, Milk Leg. Snnke.and Dog Bites, Sting*
of Insert*. Ac. In fact fcllsjs *ll local Irritation anl
I nil animation from whatever mom. Price £ctA.
THE CLINGMAN TOBACCO PLASTER
PrrpaXfd arrprtliua to the most srientltiv
Tr , . n . , :'?!!’"’,. r t |,, ‘ f’CKKMT SEDATIVE
INGREDIENTS, i-ompnunded with the pnrt
I ooscco Flour snd is specially recommended for
'F , ip.W*ed or (’eke of tho Breast, sud for that class
0‘ irttAnt or inflammatory maladies, Achet* and
t ains where, from to delicate a state of the tnrstam,
t he Mt iein is unable to bear the stronger application
”* the I’nbacco Cake. For Headache or otfier Ache, 1 *
en.l rams, it is invaluable. Price I.
Ahk your druggist for th**e rameflfot*. or write tp the
CLINGMAN TOBACCO CURE CO.
DURHAM. N. C.. U. 8. A.
DRUNKENNESS
Or lit.* Liquor llubit. Positively
furwl ly afimiiiibicrinu l>r.
Ilaiiiew' Gulden Npociflc.
It can be given in a cup of rolTee or tea with
out the knowledge of the person taking it. Is
absolutely harmless, and will effect a perma
nent and speedy cure, whether the patient Is
a moderate drinker or an alcoholic wreck. It
has been given in thousands of eases, and In
every Instance a perfect cure has followed. It
never fall*. The system once impregnated
with the Specific, it becomes au utter impossi
bility for the liquor appetite to exist.
SOLD BY
SOLOMONS & CO., Druggists,
Market Kqtiare. Savannah, (4a.
Gall or write for pamphlet containing hun
dreds of testimonials from he best women uud
tueu from all parts of the country.
igP-Jg* HUMPHREYS’ -
■SS&SH HOMEOPATHIC fjt #}
SPECIFIC No. ifilS
In uuo 30 years. Tbe only successful remedy for
Nyrvous Debility, Vital Weakness,
nr,d Prostration, from over-work or other cs.nos.
(1 |H*r vial, or ft vi,%ls and lrro visl for
!SoIaD my I>m ic tm's, otk”*it, po -tnnid <r,i rocriptof
pfb” u*m i*hit> ** **•••’'*is** • ,M ** ■•• V!•
Trade inppltod bp LIPPMAH BBOg>
★ * ■¥■
A FUIKND i:V NKEI)
DR SWEET'S
INFALLIBLE LINIMENT
Friqiitrcil from llio m ljm of Dr. Stephen
Sweel, of t onnecticut, tne great natural Bone
belter. Hus boon nseil for more than 60 years.
nn>l in the beta known remofly for UheiimNt
are, Neuralgia, Sprain*, Brut*.*, Cut*. Burns.
Woumisandall External Injtuies
So UUy all Uruggnu. TRV IT.
Trade supplied (>v LiIT’MAN BROS-
ECZEMA ERADICATED.
Gentlemen—lt is (ltm von to r.y that I think lam entirely well of eczema after having
taken Swift's Specific. I have been troubled with it very little in my face since last spring.
At the beginning of cold weather last fall it made a slight appearance, but went awnv and
has never returned. S. S. S. no doubt, broke it up; at least it put my system in good condition
and I got well. It also benefited my wife greatly in case of sick headache, and made a perfect
cure of a breaking out on my little throe year old daughter last summer.
Watkiusville, Ga., Feb. 13, 1860. < Key. JAMES V. M. MORRIS.
Treatise oil Bioou aud Skin Diseases mailed free.
This Swirr Specipic Cos., Drawer 3, Atlanta, Ga.
Drrotf (F00&0, Ijoetm), (£ic.
A. R. ALTMAYER & CO.
| NEW FALL GOODS NOWOW SALE
Astonishing Bargains (or This Week--The Fol
lowing Quotations Tell ths Tale.
Dress Goods Department.
325 pieces All Wool-filled Cashmere, fine twill, latest fall shades, at B%c; last year’s cut
price 12J^c.
:15 pieces Double Fold Sat.'n Berber Cloth, all new shades, at never offered for less
than 15c. This lot is positively the biggest drive in Dress Goods ever offered in Savaunab. .
185 pieces Fek n Suiting in Bergo Mixtures, real nobby goods for early faU wear, at the
ruinous price of Iworth fully double.
35 pieces Wool Berber Cloth, fashionable shades, 38 inches wide, at 35c; New York retail
price 50c.
Just opened a full line of 54-inch Ail Wool Tricots, in latest shades, at bottom price?.
Just re :eived a large stock of Velveteen and Velvets, at extremely low prices.
Linen Department.
Tf* dozen large size Iluck Towels, all Linen, at 10c; worth Isc
13 • dozen 24 \4K Damask Towels, all Linen, at 15c: would be cheap for 20c.
75 dozen Fancy Hu< k and Datnssk Towels, large size, all Linen, at 19c each or $2 25 per
dozen; never so and !e->-* th*n $3 per dozen.
1,400 yards Extra Heavy Bleached Damask at 40c per yard; worth 65c,
9bH yards beet Turkey Bed German Damask at 60c per yar I; usual price 75c.
50 dozeu large size Turkey Red and White with Red Border Doylies at 95c; worth $1 35.
Flannel and Domestic Department.
3,000 yards Extra Heavy Canton Flannel at OVic; worth 10c.
1,50> yards White and Red All-Wool Flannel ar, 15c; worth 22c.
054 yards All-Wool Twilled Flannel at 25c; positively worth 35c.
Opera aud Ba-ket Flannel, in all shades, cheaper than the cheapest.
2.600 > ards Genuine Fruit of the Loom Sheeting at. 7c per vard.
1,920 yards Celebrated Boston Sheeting, douti e width, at i9c per yard.
7,500 yards Standard Calicoes. Fast Colors, only 8c per yard.
3.200 yards Sateen, Beautiful Stvles aud Fast colors, at 5c per yard; same goods sold last
fall for 10c.
2.200 yards New Styles Dress Ginghams at BC,c; worth 12%e.
Handkerchief and Hosiery Department.
100 dozen Ladies’ Fancy Hemmed Handkerchief, at 3c each, or 35c per dozen; worth double.
165 dozen Ladies’ Fancy Embroidered Handkerch efs at 5c each; worth 10c.
200 dozen Ladies’ White Hemstitched Handkerchiefs, pure Linen, 10c; well worth 15c.
Two grand combination lots Linen Homed Stitched Handkerchiefs, Drummers’ Sam
nlcs. at and 18c; worth 25cand 40c
1 lot Ladies' Black and Solid Colored Lisle Thread Hose, new goods, at 230; worth Ssc.
1 lot Misses’ Ribbed Black and Solid Colored Hose, fast colors, superior goods, at 23c: reg
ular price 40c.
1 lotCents’ British Half Hose, seamless, at 12Wc; considered cheap for 20c.
1 lot Bovs’ llenvv Ribbed. Double Gauge Dark Colors. 7c, BRc and 10c; cheap at 20j.
76dozen Gems’ Unlaumtried Shirts, equal to any 50c Shirt in tbe city, for file.
Our -lock of Gents’ Gauze Vests at 22c. 38c and 46c: reduced from 35c, 50c and 75c.
Tne balance of our stock of Gents'Summer Scarfs will be closed out at an IMMENSE
SACRIFICE.
Laces and Embroideries.
Having recently purchased at ruinous oricos the entire stock of Laces and Embroideries
of an importer who is let ring from business, we are enabled to offer to the ladies of Savannah
said stock, the magnitude of w Inch cannot easily be described, at. a price beyond all competi
tion. In order to appreciate this stock you must examine the following prices:
Fancy. Oriental and Egyptian Laces at 6c, 9c, isc, 10c, S3c and 40c: worth double.
Embroideries at Sc. 6c, 9c,
ity at 50 per cent. more.
Jerseys! Jerseys! Jerseys?
60dozen Ladies’Plain Bla k Double Gauge Jerseys, All Wool. Tailor-made Coat|Back'
latest styles, at 71 30; positively worth 53.
1 iot, Misses’ and Children’s All Wool Jerseys in Navy, Brown, Garnet and Cardinal, at
89c: regular price 51 25.
Boys’ Clothing Department.
160 Boys' Knee Pant*. ize 4 to 12 years, worth 85o; now THIRTY-FIVE CENTS.
185 Boys’ Cassimcre Suits, Knee Pants, medium weight, 4 to 12 years, at 51 35; worth 52 50.
ls'4 Boys’ Cas-imete Suits, Knee Pants, stvlish goods, for 51 75; clothing store price 53.
87 Boys’ cassiroerc Suits, Knee Pants, handsome goods, size 4 to 12 years, at 52 65; will
compare with any 54 suit in the city.
Shoe Department.
Ladies’ Real French Kid Button Boots Bros’, makes Opera and Common Sense
styles, size 2 lo 6, at ?4 47; worth s■> 50.
Ladies’ Curacoa Kid But'>n Shoes. Hand Sowed Philadelphia Goods, Opera and Common
Sense stvles, size 2 l 2 to 7, at \\< rib s‘t 50.
Misses’ Kid Bui iou Shoos, Heel and spring Heel, reliable goods, size 11 to 2, at $1 45; regu
lar shoe store price $2
Children*!* Spring Heel Kid Shoes, nice fitting, solid goods, at 9Sc; shoe store price $1 25
Infants’ Kid Button Shoes at "M *. 50c ami 75c: regular shoe store price 50c, 76c audsl.
Ladies’ Kid Opera Slippers, cloth bound, at the popular low price of 49c.
Ladies' opera Slippers at 73c; reduced froinfl.
I ndies' o : era Slippers, French Hec . at 96c; worth fl 50
Ladies* opera Slippers, Louis XV. Heel, nt $2; reduced from $3,
• Ladies' Newport Ties and Button, o Id size-, at half price, to close out.
OF* mail orders receive our careful and prompt attention.
A. R. ALTMAYER k CO.
glrnit iUorho.
KEHOE’S IRON WORKS,
Broughton Street, from Reynolds to Randolph Streets,
SAVANNAH, - GEORGIA.
Casting of All Kinds at Lowest Possible Prices.
THE RAPIDLY INCREASING DEMAND FOR OUR
SUGAR MILLS AND PANS
a j II As induced us to manufacture them on a more extensive scale than
•vJNMF II over. Tothat end no pain, nr expense ha* boon spared to maintain
■BT tin ir high STANDARD OF EXCELLENCE.
A These Mills are ..f the IJEsT MATERIAL and WORKMANSHIP,
fill with heavy WROUGHT IRON SHAFTS i made long to prevent danger
fit |H i" the operator), ami rollers of the besi charcoal |Jg iron, all turned up
true. Thor are heavy, strong ami durable, run light and even, and are
juarantced oapablc ot griming the heaviest full y 7 v. -
93 a.vfea \ll our Mills are fully warrauted for one yca r .
wSItLA’I'otA.V \ Oiw Pim* Icing cast with the bottoms down.
K; w* >'&*.., ; $ "“.ess emuothness, durability ami uniformity of Y
Idokno.s far SUPERIOR TO THOSE MADE IN
IP H the USUAL W \Y. GRIST MILLS, COTTON
lu GINS. COTTON PRESSES. WfSKgfcJHsSSIW—
II i, ing unsurpassed faeilUtt-s WE GUARANTEE OUR PRICES TO BE AS LOW
AS ANY OFFERED. A large stock always ou hand for prompt delivery.
W j>JL. K. 11 O E & C(>.
N. B.—'The nftiuc **KEUOE'S IKON WORKS” is ca#i ou all our Mills and Pans.
9tUom iJinr atm (ftutrcoo rumbrr.
H. P. SMART, "t. c. BItYAN, *
President and Genoial Manager. Secretary andTroas ura
P. O. BOX 101.
Vaia Mil liiMii Coi’i,
OFFICE 138 BAY STREET, SAVANNAH. BA.,
Factory and Mills, on Savannah river, adjoining wharves New York. Philadelphia and Boston
Steamship Companies, manufacturers of
Yellow Pine and Cypress Lumber,
CASH. DOORS. BLIND*. MOULDINGS, OFFICE and CHURCH FURNITURE
O BRACKETS, NBty Kl, POSTS, BALUSTERS. PATENT PICKET and WIRE FENCES
SHINGLES, LATHS. Lie., Klo., Jtic.
Cars leaded at Factory durs fur nil puinta North. East, South and Went, and vessels, at
the Company’s wharves, for any post, ooa.twine or foreign.
With our owu Saw Mills and r>ry Kilns, and controlling the product from tUc stump to
i the eoa.it*its' tenth. iv„s facilities few nocsezt
Ua* made seme or the Most Won
derful Cure* ob record.
Siuift’o S^tetilic.
TRADE
MARK.
| Haflreaßs.
|CEN RALRAILROAD
OX andjter this date passenger trains
wi,l rn as follows:
T rains mrked * daily, + daily oxeept Sun
day.
The StanarU time by which these trains
run is Bts miutes slower than Savannah city
time.
Lv Savanna... *g;4o a m *8:20 p m *3:10 pin
At- Milien .. . .*H:4O a m *ll :o3 p m *8:15 nui
Ar Augusla . *3:45 pm *0:15 am
Ar 31 aeon ... *4 : *o p m *3:40 a m
Ar Atlanta.... *9:35 pm *7:22 am
Ar Columbus. T *2:43 ain *2:25 pm
Ar Moutgomev *7:23 pm
Ar Eufaula..., *ll *SB pm
Ar Albany 11:10 pm *2:15 pm
laesengors i r Svlvania. SandersViUc,
V t'lwitiville. Suedeoville and Eaionton
should lake 8:40 im train.
Passengers foi Tuomaston. Carrol'ton,
l errv. tort Gaim. Talbotton. Buma Vista,
Blakely and Ciayin should tak* 8:20 p m
train.
l.v MiHen *i:Sjm *3:10 am *5:00 a m
Lv Augusta ... *9:3(4 m *:3'Jpm
Lv Macon . *9:40 m*10:50 >ai
Lv Atlanta..... *6:00 m *6:sipiu
Lv Columbus +11:45 im *l2 lO u
Lv Montgomery *7-40 am
Lv Eufaula.... *10:55 ?m
Lv- Albany *5:40 a a*i2:' om
Ar savannah... *4:u7 p n *5:55a m *8:05 a m
Sleeping ears on uli mgt pissenger trains
between Savannah ana Vuse-la. Savannah
and M' eon, s aV anuah a,d Atlanta, Macon
and Columbus.
Train luu.ing at 8:20 n 1 and arriving at
5:55 a in will not stop to pt off or take on
passengers between Savanth unit Milien.
Connections at SavuoiulwiUi Savannah,
Florida and Western Railwr lor all points in
Florida.
Tickets for all points and peping e.ar births
on sale at city office, Mo zßull street, ami
dei ot office 80 miuuies bore departure of
eai h train. G. v. yiITSUE AD,
General Iseeuger Agent.
J. C. SHAW. Ticket Agcl.
Charleston & Savgnah By. Cos.
■ -> —-
ALL trains wait at SavanHi for connection
with Savannah, Florid and Western
Ralway.
Trains leave and arrive Savannah bv
st ndard time (90th nieridd), which is 20
minutes slower than city time
NORTH WARE
No. 35.f N,43.+ No. 47.*
Leave Savannah .. i:sopm 74am 8:1$ pm
Arrive Augusta .. I:4pm
Arrive Beaufort .. 0:15 pm ll:0hm
Arrive Pt. Royal.. 0:80 pm ll:2tiin
Arrive Allendale . 7:40 pm 11:1km
Arrive Charleston 7:OJ pm
SOUTHWARD.!
No. 34.* N012.+ No. 40.*
Leave Charleston.. 7:23 am 8:1pm 4:ooain
Leavo Augusta 11:1am
Leave Allendale 6:00 am I:4pm
Leave Port Royal. 7:40 am l:jV>ni
Leave Beaufort . . 7:53 am 1 :a>m
Arrive Savannah 10:35 am 7:iy al tt:ii aiii
* Daily. + Daily except Sundf.
Train No. 47 will stop only ff Ridgeland,
Green Pond and Ravenel.aml n(kes no con
nection with Port Royal and Aiusta Rail
way.
SPECIAL SUNDAY SCHE^LES.
REAI> DOW N
, „ No. 37. No. 30.
Leave Savannah 4:oopm o:4t am
Arrive Augusta 1:40 pm
Arrive Beaufort 7:20 pm 10:40 am
Arrive Port Royal 7:85 piu a 1 ’OO am
Arrive Allendale 8:00 pm \i ; i3 am
Arrive Charleston —9:32 pm jjeo n’n
READ UP. No. 88.
Arrive Savannah i| : js lun
Leave Augusta D5 pm
Leave Beaufort <25 pin
Leave Port Royal 4jo pm
Leave Allendale tjig pm
Leave Charleston 4;o pm
For tickets, sleeping car reservations ffd all
other information apply to William tren.
Special Ticket Agent, 22 Bull street, ad at
Charleston and Savanoah Railway i*ket
offi-c, at Savannah, Florida and Wctprn
Railway depot.
C. S. GADSDEN, Sup.
July 31,1886.
SulHirtian staiiumn.
City and Suburban R’y
Savannah. Ga ~ Aug. 9.1886.
ON and after TUESDAY, lOtli lust., tne!
following schedule will be run ou the
Suburban Line:
LKAVKARRIVE LEA VI! LKAVK
CITY. CITY. ISLE HOPE. MOX’OMRY
*+7:oo A M 6:50 A M 6:20 AM i
10:25 A M *B:4' A M 8:15 a u 7:50 A >1
8:25 P u 2:30 p M 2:00 p>l j 1:30 p M
7:00 p m 0:30 p m 6:0) 1* m ! :>: : p m
•There will be no early iralu from l-.e .u!
Hope on either Sunday or Monday murn
ing*.
+For Montgomery onl y. Passengers for Isb
of Hope can go via Montgomery by this trail
without extra change.
8:25 p. m. is the last train from city SundE
afternoon.
7:30 p. m. will be the last train from cjy
Saturday evening.
011 Sundays an extra direct train will lean;
elty for Montgomery at 3 r. M. and rcturnint
6 p. M. and 7 P. M.
Last train from Isle of Hope on Sundav 6:3)
P. M. J. H. JOHNSTON,
President.
jTn&Prvo.
LADDERS
4- Foot Ladder, - 00
5- Ladder, - 1 25
0-Foot Ladder, - 1 50
7- Foot Ladder, • 1 75
8- Ladder, • 2 00
A. B. COLLINS & CO.
(glutnc JJclto.
THU BELT or Re
generator is made e v
pressly for the cure of
f UK/ l derangement* of the
fefo RjferJ
/ FORI v”V-d# itream of KLKCTRI
k WSfir r CITY permeating
1 Os. t r ,/ through the parts
VSSffTM ,i|V must restore them to
IVIEMPo fit I notconfound this with
Electric Bros advgrttwd t” on re ail ills from
bead to toe. It ta gar the ON K specific pur
poM. Ff>r circulars giving full information,
jMfi(ITesCHKKVEE ELECTRIC BKLTCOJ
mwMkingtcnutreO:.. Chicago, 111.
iUrOtcal.
***"' tAE t
the saiet of that elm of
remedies, and has given
almost universal satistac*
tlwn,
MURPHY BROSy
O has won the lavor of
$L r .,list
■ ciaMoftheoiidosi.
A. L. SMITH.
Brsdf.rrl, Pt.
sj Sol Av y .*j , }j‘ u -
Tradesupplied by LI PPM AN BROS.
CURE .:., DEAF.
IJECK’S Patent Improved Cushioned Ear :
Drums perfectly restore the Rearing and
perform the work of the natural drum. In
• oiiiiorlable, and always in position.
All conversation and oven whispers heard
distinctly. Send for Illustrated book with
testimonial", FREE. Address or call on F.
HISCOX, 853 Broadway, New York. Men
tion tli s paper.
' gJratmirf.
HOLMES’SURE CURE
Mouth Wash and Dentifrice
Cl i:itK> Kleedippiinnis, Ulcers, Sore Mouth,
J Sore Throat, cleanses the Tooth and Pa
rtus* tbo Breath; usod and recommended hy
leading doatiata.
Prepared by Das. J. P. A W. tt. HOLMES,
Dentists, Macon, tfa. For sals by all drug
ms ta and dentists.
Bo.
Sayan-ali, Florida_& Western Ry
StLn!l.u.T i ihm 0 m J thU r ° aU are run Centra,
r. UAI . CARD IN EFFECT JUNE 27 Isas
X fissengur Trains on this road will run
dailyts follows: ""urge
FAST MAIL
rea down.
D1 Lv Savannah Ars*
9*>a in Lv Blacksbear.. Ar ?• -!!“
H>)auiAr Way cross, .....Lv s'ou p £
lU7 a m Ar Callahan .Tv~a jCET.
1210 noon Ar .Jacksonville oFf,?* 11
715 am Lv Jacksonville . ..Ar r’go R™
W a m Callahan A r 6:50 p £
1 :25 am Lv Waycross aTTuT'
?: :1 ? a m l' Y Homerville Lv 3:SiRS
i:.O a 111 Lv Dupont f,v g.-sR III
hßSpmLv Valdosta Lv
i::50 U m Lv Quitman Lv 2 ; 23iß™
M‘ pmy Thomas vi lie —Lv li> m
1:35 pm Ar Bainbrldgo LyTHS’iTm
4:04 pm Ar < hal tahooclioe Lv
Pullman buffet cars to and from Jacks™"
vile and New York, and to and from
souvllle and New Orleans via Pensacola * LK '
CONNECTING AT JACKSONVILLE
with fast mall trun via Jacksonville * r . lm „
ana Key Meat Railway and South’Flort'i 4 ’
Railroad to and lroiu Tampa. * ‘Orlda
12:30 pmLv Jacksonville .... Ar i-i#,,-
4:20 pm Ar Sanlord Lv a ?
8:45 p ni Ar Tampa Iv i' oa?“
Steamships leavo Tampa for Kev West La
Havana .Monday and Thursday on arrival}
last mail train. valor
EAST FLORIDA EXPRESS.
4:30 p 111 .Lv.... Jacksonville .... Ar 11 m
Lv Callahan Arioj” J ™
7:30 p m Lv .Waycross Ar "i<*4s~£~£
7:56 pm Lv Glenmore Lv 8:02 a m
8:17 o m Lv Argvle Tv “
8:32 pm Lv Homerville Lv 7*3> a m
8:50 p m Ar Dupont Lv 7:15 ara
3:45 p 111 Lv Luke City Ar
3:50 p in Lv Gainesville Ar "—'
7::0 p m Lv Live Oak Ar.
8:58 p m Lv Dupont ...777Ar T-dolT^
P m Ln ,Valdosta Lv 6:20 a m
10:13 p m Lv...... Quitman Lv s‘46am
11:01 pm Ar Thomaaville ... Lv 4:55 am
I f*^ amAr Camilla Lv 8:14 a in
1 n 9 ,? “ Ar Albany Lv 2:10 a m
i oilman buffet ears to and Irom Jackson,
vi lie and St. Louis via Thoroneville, Albany
Moulg imery, Nashville and Evansville.
ALBANY EXPRESS.
8:45 p m Lv Savannah Ar 6:15 a m
lLApmLv Jesup Lv 8:25 am
1.85 am Ar Waycross -....Lv 1:10 ara
7:< ! 5 a 111 Ar Callahan .Lv 10:20ni
8:05 am Ar Jacksonville Lv 9:80 pm
9:30 pm Lv JacksouviUe Ar 8:06 ara
10:20 p m Lv Callahan Ar 7:05 am
2:00 a m Lv Wayoross Ar 12:00 nht
£:2O am Ar Dupont Lv 10:30 p m
5:2 a in Ar Live 0ak......Lv THiTpm
B:*s a m Ar Gainesville Lv 8:50 p ra
— !samAr TakeCily Lv 3:45 pm
:i:6O a m Lv Dupont Ar 9:45pm
4:55 am Lv Valdosta Lv B:*opm
6:46 a m Lv Quitman Lv 7:35 pm
7:ro am Ar Thomaaville i.v 6:30 p m
11:50 a m Ar Allmnv T.v H :HO m
Slops at all regular stations. Pullman pal
ace sleeping cars to and from Savannah and
lampa via Gainesville. Pullman buffetsleep
ing ears to and from Jacksonville and Wash
ington. Pullman buffet cars and Mann bou
doir buffet ears via Waveroas, Altianv and
Macon, and via Wnycroas, Jesup and Macon,
between Jacksonville and Cincinnati. Alsu,
through passenger coaches between Jackson
ville and Cuattanooga.
THOMAS Vi LLE EXPRESS.
6:15 am Lv Waycross Ar 6:45 pm
7:50 ani Lv Dupont Lv 5:18 p m
8:51 am Lv Va dosta Lv 4:05 p ra
4:31 mLv Quitman ...Lv 3:2opra
10:40 a m Ar.... Tliomasville ..Lv 2:15 pm
Stops at all regular and flag stations on sig
nal.
JESUP EXPRESS.
B:46pm Lv Savannah Ar B:2oara
6:10 p mAr Jesup Lv 5:30 am
Stops at all regular and llag stalions.
CONNECTIONS.
A; SAVANNAH lor Charleston at 7:lft a ra
(6:43 a in Sen arrive Augusta via Yem
assee at 1:40 p m and 8:18 pm; for Augusta
and Atlanta at 8:40 a m and 8:20 p m; with
sleamshtps for Ne ,e York Honda.. W due-.
efis’ and triday, for Bolton Thursday; for
taltmiore ever. *ifth day.
At JESUP for Brunswick at. 2:50 a m tex
iept Sunday) and 6:20 pm; for Macon 2:30 a
ni and 8:40 a in.
At for Brunswick at 4:10 am
and 11:40am; for Albany at 5:00 p m and
12:45a m.
A: 0 ALLAH AN for Fernandina at 8:10 am
and 215 pm; for Waldo, Cedar Key, Ocala,
etc., it 11 :80 a m and 7:25 p m.
At JACKSONVILLE with rail and steamer
llnemliverging.
At LIVE OAK for Madison, Tallahassee,
elc.,Rt 10:59 am. and 7;ot p. m. (except Sun*
1 At GAINESVILLE for Ocala, Tavares,
Pemiierton’g Eerry, Brooksville and Tamm
at 11130 a ms for Paiatk i .. ■ n;-*5 a ui; for Ce
dar lev at 3:30 p m (except Sunday.)
AIALBAN Yfor A Junta, Macon, Montgom
ery, Mobile. New Orleans. Nashville, etc.
At CHATTAHOOCHEE for Pensacola,
Mobj'e, New Orleans; with People’s line
stoai.ers advertising to leave for Apalaohi
colaat 5:oo and m Sunday, and lor Columbus at
Hi pin Tuesday.
Tickets su'd and sleeping car berths sa
ctred at BREN'S Ticket Office, and at the
lasscnger Station.
JAS. L. TAYLOR, Gen’l Pass. Agent.
R.G. FLEMING, Superintendent.
South Florida Railroad.
CENTRAL STAM>ARI> TIME.
\N and after WEDN KsDAY, Aug. 11, l ,s \
J trains will arrive and leave as iollows:
* Daily. + Daily except Sundays. lUaily
cept Mono ays.
fcave Sanford fof
Tampa ana way
stations +B:OUa m and *4s3>pth
Arive at Tampa 114:55 p ill and *8:46 pm
IP tuning leave
Cam pa at *5:00 a m and Ti:* n l ,m
yfrive at Sanford *9:30 am and +0:25 pm
Have San lord for Kissimmee and
wav stations at ■ 1,5, 11 2
(■rive at Kissimmee at
(turning leave Kissimmee TANARUS.!! 1 ,
jrrive at Sanford +<:•“>
BAKfI'OW BRANCH.
■ leave Bartow .1 unction lor Bartow
I and way stations at •
' -J-lI ;::0 a m and t 4 :4.5 p a
Arrive at Bartow at ~ „
+12:20 p in and +6:W ]> a
deturning leave Barton at
+19:00 ain aud+2:3op®
Arrive a Bartow Junction at
+10:55 a m and +3:20 pm
LAKELAND BRANCH.
'Leave Lake and for Haskell in I
Bartow at, 8:25 a m aidB:lop
'Arrive Bartow H:OS a m anuß:sopm
►Leave Bartow !m sm".:4opm
'Arrive Lakeland ... 7:40 a m and < ■•OP 11
PEMBERTON FEIRKY BRANCH
i Operated by tb® South Florida Railroad.
'Leave Tampa for Femttorlon Ferry ,
! and way stations at ~in 2
Arrive at P- mberton Ferry at
Returning leave Pembortdn h erry at 5.W
Arrive si Tampa at ''"
v.rnvc Tampa,
[ Arrive Pemberton Ferry li.Wi
SPECIAL CONNECTIONS
Connect! at Svuford with the Sanford
ndlan River • railroad f r Witlo and pn"
~11 Like Jessup, with ihe Peoples hi"
ml Deßarv-Uaya m L lvdjauis’ Line J
►learners, and J. T. .t R. "• By.
Jacksonville and all ruiprin erf late poinw"
Vie St. -lohnv river, and with steamersw
Indian riyi r and the Upper St. John's.
AI Kisuromee withs eamers for Forts -ny'
ami B winger and potuls -n Kissimmee r|> •
\ At Pemberton Ferry with Florida
Railway for all point- North. Ea.-t and ,
nnd at Bartow with theKloridaSontnern a*
wav for Fort Meade and poims South.
STEAMSHIP CONNECTIONS.
Connects et Tampa with steamei ,
garel” for Palma Sola. Braideiitown,. J
Ineuo. Manatee, and all points on Hlllsw
[mh and Tampa Bays.
Also, with ihe elegant new steamship
cotte,” of ti e Plant steamship Cos., for '
West and Havana, with steamers for 0®
Revs and innd si earners for Key w est.
Through tickets sold at all regular strut -
to poinls North, East Hud West.
Baggage checked through. Bon ford"!
Passengers for Havana cun leave Sanroru J
nr press train at 4:35 p. m. Monday k
Thursday, connecting same evening
Steamer in Tampa. , ma a
Applications for iiaasior.s ett
Iliruugh any Notary I’lihlic, andsuebail
thin when vised by Spanish V°" K ”' D r u
West will answer the purpose of pa -P | p>
Fast mail traiu leaving Sanford at t ()f .
in. and Tampa at shK)a. in. |2Ljr jiuie
laodo. Kissimmee. D.tveuport. Bartow , ,
t,ou. Lakelaud, Plant City (and Aubun i
ou signal >. FREDERIC HjBAMJc
oeuer.il Freight ant Ticket A*