Newspaper Page Text
pakt two.
IN GEORGIA AND FLORIDA.
MJAVS OF THE TWO STATES TOLD
IN PARAGRAPHS.
GEORGIA.
Judge Allen Fort, candidate for Con
gress, against Congressman E. B. Lewis
In the Third district, spoke at Lumpkin
yesterday. It Is said Stewart county will
give him a large vote.
Sandersville Progress: Mr. Thomas
Wfarthen is erecting a flour mill at War-
Ihen. Ga., which will be a convenience to
the wheat growers throughoul that sec
tion. He will have it in operation in time
for the growing crop which now promises
an abundant yield.
Dalton, North Georgia Citizen: Dalton
*nd Whitfield county have the finest pros
pect ever known for a fruit crop. The
Citizen is especially glad and particularly
for Frank Summerour who has an inter
est in about 75,000 trees.
Cedartown Standard: A couple of clever
newspaper men seem likely to “break
into” the next Legislature. They are
Messrs. W. A. Knowles, of the Rome Tri-
Lunc, and Frank Reynolds, of the Dalton
Citiz n. and Will have the Standard's Lest
wishes for their success.
Leesburg reports that fruit in that sec
tion promises to give the largest yield in
years. The peaches are full, the plum trees
arc loaded and the strawberries are in full
quantities. Cotton is being put in as fast
as possible, but corn is generally a poor
eiand on account of the bad weather.
The race for the upper house in the
Thirty-Sixth district between Robert Hard
away, W. A. Post and J. B. Goodwin, of
C.-.wita. is fast becoming one of the most
interesting of any for the Senate. The can
didates arc out in active canvass and more
than one card has passed between the
three gentlemen in the press of the coun
ty. The contest in the Thirtieth between
lir N. B. lxtng and T. M. Swift also
promises more than ordinary interest :or
those interested in the make-up of the
next Senate.
Macon Telegraph: JulEus Brown, the ne
gro boy who sued the Central Railroad
f L .r ;7).) a few month:i ago for ejecting
him from the white ptiople’s coach, cut
it, t. hm ons in the Flint Baptist Church,
,ii i, last night. Tney were Tom Rob
i Tom Boynton and Robert Clowers.
H, used the same knife used in the ef
fort to stab Bailiff McCowen, who assist
y the conductor in ejecting him from
t: e Central train. He is now in the bar
r: cks charged w ith disturbing public wor
th:,. and stabbing.
1 iiti .n Pulaski county are getting
vry warm. There are live candidates
f-r r. prestntative—Mjessrs. Jordan and
L.-, who represented the county in the
House, and Messrs. Warren Grice,
A. J. Yearty and E. IS. Royal. The tax
i .J. itor it. using every legal means to
t ,11 of the people registered and it
s ,m that ti, re will be a full vote polled.
‘ race for solicitor is also attracting
, : ti>ion, as Messrs. DoLacy and Wooten
t.'.. warm friends there who are doing
til they can for their choice.
Mi.-:- Eunice Owens, the 18-year-old
(, : liter of Rev. C. S. Owens, of Thom
son. attempted, suicide Tuesday night by
shooting herself with a pistol, the ball
ring the left lung* and inflicting a
v e’nd wh eh the doctors pronounce fatal.
k \ retracted meeting is in progress ut the
Mothodist Church and her father had
g n• • to church. The young lady declined
t go. and calling at the home of a lady
f :■ ml proposed a short walk. Just as they
i . . i Main street and when under a
1 up sht drew the pistol and fired. No
tkiuse is known for the ro-sh act.
Albany Herald: Mr. J. S. Davis, one
of the superintendents of instruction of
t:.? Georgia Chautauqua, has received a
1 or from Mrs. Susan B. Anthony, hon
'd: iry president of the National American
Woman Suffrage Association, asking that
a woman suffrage day be arranged on the
programme of the coming assembly of
the Chautauqua. Mrs. Anthonj' enclosed
to. : for several resolutions supporting
the woman suffrage movement, which she
l?k*d to be brought before the Chautau-
Qa for consideration and passage, if pos
ui . . Of course, it is 100 late now to
• r * r th* programme of the assembly,
which is to open on next Sunday, and
Mrs. Anthony’s request could not be con
sidered. It might be a good idea, how
ever, o have such a day at the next
Chautauqua if Mrs. Anthony herself
would promise to come and talk on the
niowment. She would prove a drawing
card.
May 9, 10 and 11, will be red letter days
hi th history of Georgia and Rome 11a
s >nry. The t hird annual communication
M tin: Seventh District Convention will
assemble in Rome at 11 a. m., Wednes
day. May 9. and will continue in session
two days. On that evening an entertain
ment will be given by Cherokee Lodge to
the ladies. There will be addresses, stere
•pticon views and a banquet. On Thurs
day night. May 10, there will be a grand
Convocation of Masons from all parts of
the South. The grand officers and other
distinguished Masons from Georgia, Ala
him.i, South Carolina, Florida, Mississip
pi and Tennessee have been invited, and
ar “ expected. Fully 1,000 visiting Masons
expected. On May 11 the Georgia Ma
lr,nlc Home Committee will meet in
H' m. This comm Bee will decide on plans
lor the building and location of a Masonic
•ome in this state. Rome will make a very
bid for it. Deputy Grand Master
M.x Meyerhardt of Rome, is chairman
,/ this committee, and J. E. Fulton of
savannah, secretary.
FLOIMD 1.
Florida State Dental Association
hold its seventeenth annual meeting
1 Jacksonville, Tuesday, May 1, contin
uin*S in session three days.
1 be Oak City Guards will soon have a
■ ,r * and convenient home for their gurs
"•i drill accoutrements. The Oak City
,iJ 'ids is Company G of the Second Reg
"t. Florida State Troops.
h'ki- Butler Bulletin: The Bulletin Is
>" '"'d to note that the indications ure
' strong for the nomination of Hon.
T. WiUn for Attorney G nerd by
• s ,no Conveniion, to be held In .Jun- .
' r Win*# is in every particular fitted to
offlt'. and uii ins fallow*oil
1 d.i.iford county will be pleated to see
‘ a just recognition of Ida talents and
*’orth.
1 kciand Sun: Judgo W. H. Jcnnlng*
,-,n * 'k* lined to boa winning caiukdAte
' gubernatorial race, lie in a gen
'“Mb fully qualified for the place, and
that the people of Folk coun
*vi i < ho|ce in thin mutter, and that
U ttoiihilMji m HttrittuMiu a lliuetrlou*
%\yt lltemng
son. Florida would have catise to be
proud of her Governor eboukl the office
fail into ihe hands of Mr. Jennings.
The State Convention of the Christian
Endeavor will open its annual meeting in
Tampa on Friday. The local Endeavorers
have made all possible arrangements fir
entertaining the delegates, and few w.li
go away without taking with them pleas
ant memeories of Tampa. The session will
be opened with a reception at the First
Congregational Church, and the business
sessions will follow. It is expected that the
meeting will continue to the 23d, if not be
yond.
Mail Clerk Dagnall was somewhat injur
ed in the railroad wreck near Tpmp\ Mon
day evening, as was also Mail Clerk Har
ry Gray. Mr. Dagnall, when caught in the
wreck, was wearing the key and badge .>f
Sam Herndon. who is still laid up from
the effects of the wreck he was in several
weeks ago. Mr. Herndon, was on the
streets Tuesday for. the first time in many
days. He expressed his sympathy for th
injured in Monday night’s wreck, hut v\a ?
glad that he njissed this one.
The seventeenth annual meeting of the
General Congregational Association of
Florida convened Tuesday evening in
the Congregational Church at Sanfoid. C.
H. Newell of Tavares wjs chosen chair
man. The opening sermon was preached
by Rev. J. Edward Kirbye. The nun
agement of the convention is in the hands
of the local committee composed of Rev.
Charles A. Campbell, pastor of the Con
gregational Church of Sanford; I). B
Way, J. C. Ensminger and C. R. Walker.
Dr. T. F. Thomas, chairman of the Board
of County Commissioners, seems deter
mined to place good roaejs, as nearly as
possible, all over Alachua county. For the
past several weeks this work has been go
ing on, and there are now some good
pieces of road leading out of Gainesville.
The citizens of the county are beginning
to show considerable interest in the mat
ter, and it seems a foregone conclusion
that Alachua will soon lead the proces.-iou
of counties in the state in the matter of
good roads.
The half has not yet been told of the ad
ditions and improvements to be made at
Palm Beach before the opening of the sea
son of 1903. It has been generally known
that an addition is to be made to the Inn,
and one or two other things have been
hinted at in an indefinite sort of way. In
reality. Palm Beach is to have an over
hauling between now and next December,
the like of which it has not seen since the
year the Royal Poinciana was erected.
The season ju.-t past has been takun as
an indication that Palm Beach has be
come fixed in the favor of the wealthy
leisure classes, and is sure to increa e
steadily in popularity.
Bartow Courier-Informant; Mr. W. L.
VanDuzor of Kissimmee, is in the city.
It is under the direction and co-oporation
of this gentleman that the large fields of
espinosia of the last two or three years
wt-re cultivated In and around Bartow.
It is hoped and assumed that this D
found to be a profitable crop, as the
acreage plumed in it has regularly in
creased, each year being considerably
larger than the one preceding It, until the
present crop is larger than any one here
tofore planted. Mr. VanDuzor has, by his
operations with this plant, given a con
s derable amount of profitable employrr.en
to people who live within suitable distance
of ills fields, besides the rent to the own
ers of the l and. We are always pleased to
see any operation in progress that cal s
for labor and rewards the same.
UDICATM WON HOSE STAKES.
The Feature of a Good Hacing Card
at Aqueduct.
New York, April 19.—The Rose stakes for
2-year-old fillies was the feature of a good
card at Aqueduct to-day. Educate, the
property of R. W. Walden fc Sons, wi'h J.
Slack up, won by a head in a hard drive,
with the 00 to 1 shot. Mauga, second. Four
out of the six favorites won. Summaries:
First Race— Six furlongs. Jamaica. 10 to
1, won. with Star Chime, 15 to 1, second,
and Lady Lindsay, sto 2, third. Time
1:19 2-5.
Second Race—One mile and seventy
yards, selling. Tyrchena. even, won, with
Rare Perfume, 4 to 1, second, and Double
Dummy. 5 to 1, third. Time 1:51 3-5.
Third Race—About seven furlongs. Char
entus. 9 to 5, won. with Boney Boy, 10 to
1. second, and Maximo Gomez, 5 to 1, third.
Time 1:29 2-5.
Fourth Race*—The Rose stakes, four and
a half furlongs. Educate, C to 5, won, with
Mauga, 60 to 1, second, and Anecdote, 6 to
5, third. Time :58 2-5.
Educate and Anecdote coupled in the bet
ting.
Fifth Race—Five and a half furlongs,
selling. Puri factor, 7to 5, won. wi'h
George Simons, 20 to 1, second, and Good
All, 2to 1, third. Time 1:12 2-5.
Sixth Race —Four and a half furlongs.
Light Ball, 4 to 1, won, with Y'ouch, 5 to 2,
second, and Connie, 4 to 1, third. Time
, :5S 3-5.’
Hook makers’ Day at Memphis.
Memphis, April 19.—The bookmakers
reaped another gold, n harvest to-day at
Montgomery Park. Not a single favorite
finished first, and the talent .received the
severest blow of the meeting:
The wt ather was cloudy and the track
fast. Summaries:
First Race—Seven furlongs, selling.
Georgetown, 2 to 1, won, with Sidtilla, 8
to 1 and 3 to 1, second, and Harry Yo
cum, 10 to 1, third. Time 1:29%.
Second Race—One mile, selling. Free
Hand, 4 to 1, won, with Windward, 12 to 1
and 4 to 1, second, and Bequeath, 10 to 1,
third. Time 1:43H-
Third Race—One mile, purse. Great Land
10 to 1, won, with Belle of M mphis, 7 to
5, and 1 to 2, second, and Pocket, C to
I,’ third. Time 1:42.
Fourth Race—Four and one-half fur
longs. The Lumbermen’s stake. Odnor, 5
to 1, won, with Farmer Benne't. 3 to 5,
second, and Sard Sard. 5 to 2, third. Time
: jU .
Fifth Race —One mile anil a quarter,
hurdles, selling. Arequebus, 2 to 1, won,
with University. 7 to 5. second, and Joe
Bell, 8 to X, third, Time 2:22.
Hlxth Hace—one mile, selling Chopin.
4 to 1, won. wi'h The Sluggard, 5 to 3 and
even, second, and Thomas Carr, 4 to 1,
third. Time 1:43.
—Uncivilised Pride— " Pa. what's a bar
barian?" "A barbarian, little Jim, Is a
Kentuckian who Is not ashamed of Ken
tucky."—lndianapolis Journal.
W. F. HAMILTON,
Artesian Well Contractor,
OCALA. FLA.
Ain prepared to drill wells up to any
depth. We um- lirst-clttSM machinery, can
do work on aboil nolle# and guarantee
•allafufil Inn
SAVANNAH, GA., FRIDAY, APRIL 20, 1900.
A Naw Book for Men,
JFor weeks the
presses have
been busy turn
ing; out tit® enor
l mous edition of
Dr. J. Newton
H a t h a w ay’s
“Manliness, Vig
or. Heal th,"
nei' £ ssary t o
the pub
i <Jic demand. Send
| your name and
tree copy.
for twenty years Dr. Hathaway has
confined his practice almost exclusively
to diseases of men.
He cures Loss of Vitality. Varicocele,
Stricture Blood Poisoning. Rheumatism,
tt eak tßafck, all manner . f urinary com
plaints. Ulcers, Sores and Skin Diseases,
Bright s Disease, and all forms of Kid
ney Troubles. \
Hr. Hathaway's success in the treat
ment of Varicocele and Stricture with
out the aid of knife or cautery is phe
nomenal. The patient is treated at his
own home without pain or loss of time
from business.
I r. e consultation and advice, either at
his office or by mail.
J. NEWTON HATHAWAY, M. D.,
Dr. Hathaway & Cos..
2.1A Brvatt street. Savannah. Ga.
Money to burn.
The ElTeet f the New Currency Lute
on Volume of Circulation.
Secretary Gage in Collier's Weekiy.
In considering the effects of the new
currency law, a point that is of decidedly
the greatest immediate public interest is
in regard to its influence on the volume of
circulation. It can be generally answered
that the law will lead to an increase in
the supply of money in circulation, but
it Is extremely difficult to hazard any
thing like an intelligent estimate as to
how great that volume of increase will
be.
Should the entire $840,000,000 of bonds- to
which the refunding provision applies be
offered for redemption, there will be paid
out of the treasury $86,u00,000 in premiums.
The payment of the premiums will be In
cash, and there will hen hat addition to
the circulation. It is not to be anticipat
ed, however, that all of the bonds will be
offered for exchange into the' new 2 per
cents. Probably a large part, at least
of Hie holdings of banks, will be offered.
•National banks hold an aggregate of $262,-
500,000 of registered bonds of the refund
able issues. By the Way offers are already
• oming in there is an indication that a
:air amount of the holdings of individuals
wili be offered for exchange. While we
cannot probably look for the paying out
of this entire $86,000,000 in premiums, there
may be paid out within the next sixtv or
ninety days $20,000,000 or $30,000,000 in that
way. Perhaps $10,000,000 of that will come
direct from the treasury, but there will
eventually be withdrawals of deposits now
with the national banks to replenish the
general fund in the treasury if drafts on
it for the payment of these bond pre
miums are sufficient to make that seem
advisable.
The largest increase might come from
the additional incentive which the liw
offers to banks to take out circulation.
Th. re is discrimination in favor of the
new 2 per cent, bonds to the extent that
the tax which national banks must pay
on their circulation will be only one-half
as much when tfie banks deposit the new
bonds to secure their circulating notes as
it will be if they keep on depositing their
old issues. This offers an incentive to the
banks to make the sacrifice that they are
asked to make it) exchanging the higher
rate interest bonds for the new 2 per cent,
bonds. If the market price of the new
bonds had not gone above par there would
have been a fair amount of profit in a
bank buying the new bonds on the market
and taking out additional circulation. It
has been calculated by the government
actuary that a bank buying 2 per cent,
bonds at par. and taking out circulation,
would, were It able to keep loaned all of
its circulation, make a profit of about l 2-5
per cent, more by taking out circulation
than it would by loaning the mosey it
must originally invest In the bonds. Sure
ly, that is not an exorbitant profit, but,
it would undoubtedly be sufficient to lead
to a very large Increase in the circulation.
As the law permits banks to take out cir
culation up to the amount of their capi
tal. there is room, with the present aggre
gate capital of national banks, for an in
crease of substantially $360,000,000 circula
tion.
The high premium that has been imme
diately realize.] in the market for the new
2 per cent, bonds, however, will certainly
check, to a large degree, any movement
in the direction of additional circulation,
and it Is quite impossible, with any data
at hand, to estimate how great the in
crease will he.
That the volume of circulation hinges on
the market price of a 2 per cent, govern
ment bond is one of the best illustrations
of the fact that our currency system, lias
not been put on an entirely scientific ba
sis by this new legislation. The bank-note
circulation ought to have a direct relation
10 the commercial needs of the count y
rather than to the market price of United
States bonds, and it is in the direction of
a scientific law governing by proper eco
nomic principles the volume of bank-note
circulation that financiers nnd legislators
must next turn their attention.
As the situation now stands there will
be ah increase in the national bank circu
lation; that increase may be considerable.
but as the country develops, our needs wdi
eoon grow up to that increose.l supply. We
will discover that the volume of circulat
ing paper money is not regulated by in
entirely different principle, the principle
of the profit on a circulation that is secur
ed by bond deposits, that profit depending
on the market price of the bonds There is
entire dislocation between cause and ef
fect. Scientific principles do not govern
the volume of money so issued. This new
legislation has postponed the time when
these facts will be brought to the attention
of the commercial world In an unplensint
way; but whoever thinks that the curren
cy problem hits been wholly settled by this
(recent legislation wili he undeceived as the
years go on. The legislation ttiat we have
eo far secured Is wholly admirable. lam
pleased with every feature of ihnnuv low
but I believe it is well enough to sound
this word of worrilug. People should not
conclude that we have reached the end
of currency discussion; we arc sill! out
of Joint with the spirit of the comnierel and
world In our treatment of national hunk
note Issues, and we must have education
along that line, as we have bad such
splendid education and such entirely .art
uiacuity result* In the discussion of tin
sl.nSatl of Value.
SPIRITS FIRM AND GAINING.
GOOD DEMAND CAUSES ADVANCE
AT THE CLOSING.
While It In Not Probable Very Sub
stantial Gains Will lie Made, the
Market Has a Very Firm Tendency.
Rosins i itelifluffed. With Pales mid
Mediums Quiet and Firm.
Cotton (Market Unchn nued-Local
and Telegraphic Markets.
Morning News Office, April 19.—The re
sult of a quick decline in spirits turpen
tine has caused a reaction in that market
which promises to end in u partial recov
ery of its losses. For several days tur
pentine went off for want of support,
there being scarcely any demand. A
change has dome, however, and everybody
seems to be seeking supplies* which is
causing the market to take a turn upward.
When the bottom was reached at 4*> cents,
a reaction took the price back to 47, and
another gain to-day brings it firm at 47H
cents. The impression prevails that the
price was marked down sooner than con
ditions warranted, as a result of which it
promises a substantial recovery. Rosins
remained l unchanged, with I and above
quiet, and H and below firm. There were
no reported transactions to-day. The de
mand is light at present. The cotton mar
kets closed quiet and unchanged, with
sales of a small lot. The wholesale mar
kets were steady, and in the main un
changed. The following resume of the
different markets will show the tone and
quotations to-day:
COTTON.
No change was reported in the cotton
market to-day, which closed quiet at
Wednesday’s prices. The receipts were
over 1,200 bales. Outside advices were not
such as to influence Southern markets.
Sales of a medium lot were reported at
(he Cotton Exchange.
The following were the official spot quo
tations, at (he close of 4he market, at
the Cotton Exchange to-day:
) [wedH
| This| ties-1 Bast
| day| day| year.
Good middling |9% |9% j(*4
Middling ,9 7-36 9 7-161. V&
Bow middling j 9 3-16 ! 9 3-36 5*4
Good ordinary )8 11-16 j 8 11-16j4%
Market quiet; sales 143.
Savannah Receipts, Exports and Stock.
Receipts <his day l,2St
Receipts this day last year 817
Receipts this day year before last.. 1,187
Receipts since Sept. 1 1,046.540
Same time last year 1,032,430
Same time year before last 1,147,100
Exports, coastwise, this day 17
Stock on hand this day 55,232
Same day last year 39,913
Receipts and Stocks at the "Rorts.
Receipts this day 3,875
This day lost year 6,632
This day year before* last 7.776
Total receipts since Sept. 3, 1899. .6.112.426
Same time last year 7,772.346
Same time year before last 8,213,571
Stock at the ports to-day 497,566
Stock same day last year 802,J12
Daily Movements at Other Ports—
Galveston—Steady; middling. 9 7-16 c; net
receipts, 127; gross receipts, 127; sales, 158;
stock. 43,648.
New Orleans—Quiet; middling, 9V£o; net
receipts, 582; gross receipts, 582; sales, 600;
stock. 202,292.
Mobile—Nominal; middling, 9 5-16 c; net
receipts, 3; gross receipts, 3; stock, 14,160.
Charleston—Firm; middling, 9%c; net
receipts, 266; gross receipts, 266; stock, 20-
731.
Wilmington—Steady; middling, 9%c; net
receipts, 56; gross receipts, 56; stock, 7,010.
Norfolk—Firm; middling, 9%c; net re
ceipts, 276; gross receipts, 276; sales, 191;
stock. 22,631.
Baltimore—Nominal; middling, 9%c;
gross receipts. 639; stock, 5,789.
New York—Quiet; middling. 9%c; net re
ceipts, 300; gross receipts, 300; stock, 11,-
663.
Boston—Quiet; middling, 9%c ; net re
ceipt s. 989; gross receipts, 989.
Philadelphia—Quiet; middling, 10V&c;
stock, 5,349.
Daily Movements at Interior Towns—
Augusta—Quiet; middling, 9%e; net re
ceipts, 1,641; gross receipts, 1,641; sales,
39; stock. 18,862.
Memphis—Steady; middling, 9A£c; net re
ceipts, 293; gross receipts, 393; sales. 500;
stock, 52,960.
St. Bouis—Quiet; middling, 9%c; net re
ceipts, 45; gross receipts. 483; stock. 56,900.
Cincinnati—Steady; middling, 9%c; net
receipts, 104; gross receipts, 104; stock,
11,962.
Houston—Quiet; middling, 9 7-16 c; net
receipts. 166; gross receipts, 166; sales, 9;
stock, 27.420.
Bouisville —Firm; middling, 9*/£c.
Exports of Cotton This Day—
Galve st on—Coa st w Is**, 2,065.
New Orleans—To Great Britain, 2,400;
coastwise, 1,075.
So va nna h—C oa s t wise, 17.
Norfolk—Coastwise, 46.
New York—Continent, 177.
Total foreign exports from all ports
this day—To Great Britain, 2,400; to the
continent, 177.
Total foreign exports from all ports
thus far this week—To Great Britain, 33,-
336; -to France, 9,534; to the continent, 55,-
210.
Total foreign exports since Sept. 1, 1899
To Great Britain, 1,987,196; to France, 665,-
341; to the continent, 2,327,440.
COTTON FUTURE#.
New York. April 19.—The cotton market
was only moderately active to-day. Bo
cal traders hesitated to make operations
on their own account owing to the con
tinued evidences of ’’one man power”
which have so long had a restraining in
fluence upon speculation here. This inter
est gavt* support to the market at times.
The first ca l developed a quiet and
steady feeling with prices 1 point lower to
3 points higher. There was a slight re
cession and then a rallying on covering,
chiefly in r sconce to covering on more
or less conflicting crop accounts and
smaller receipts at most of the ports.
There was no general speculation, and the
transactions for the entire session repre
sented a generally dull market. At the
best level of thft day the advance was 3
7 points, while the close was quiet. 1 point
lower to 5 points net higher. English ca
bles were favorable, showing an Increased
demand for spot cotton and an advance
of 2U'& points in futun s.
New York. April le--Cotton futures
opened quiet and steady and closed
steady. Prices a* follow*
j Open; High| Bow | Close.
January .. 8.00 8,04 I 8.00 I 8.03
February .. . 8.01 b! 8.06 803 B.oft
March ; 8 05b | 8.10 8,06
Aorll J .... I .... I .... 9.46
May j 9.50 | 9.50 I 9.45 9.46
June I 9.42 b ! 9.48 j 9.44 9.43
July j 9.43 i 9.48 | 9.43 9.43
August 9.23 9.3d j 9.23 9.26
September .. | 8.42 5.49 : 8.42 8.(7
October ... .| 8.15 b >8.20 j 8.16 BIS
November .. j 7.99 | 8.06 j 7.99 8.02
December .. j 7.99 | 8.05 7.99 8.02
January .. .j 7.99 j 8.03
February .. | 8.01 I 805
March j 8.05 j j 8.08
Liverpool, April 19. 4 p. m.—Cotton, spd,
fair demand; prices unchanged; American
middling, 5 7-160. The sales of the day
wen 10,000 bales, of which 500 were ('or
speculation and export, and included 9,200
American. Receipts 7,000, all American.
Futures opened quiet, but steady and
closed steady at the advance; American
middling, low middling clause; April,
5.240, sellers; April-Hay, 5.21d, sellers;
May-June, 5.18#i5.19d, sellers; June-July,
5.J6d, sellers; July-August, 5.13315.14d, sell
ers; August-September, 5.041i5.00d, sellers;
September-Ociober, 4.46(jf4.47d. sellers; Oc
tober-November, 4.36d, sellers; November-
Deicember, 4.29rd4.30d, sellers; Pwemlxr-
January, 4 27d4.2M, sellers; January-Feb
ruary, 4.25£/4f26d, buyers.
New Orleans, April 19.—Cotton futures
quiet.
April 9.32 bid September .5.25<£8.29
May 9.367/9.37 October 7.92^-7.93
June
July 9.30!§9.36 December ..7.80^17.81
August 9.05&9.06 January ...7.81&7.83
COTTON LETTERS.
New York, April 19.—Hubbard Bros. &
po. say: Liverpool came belter than ex
pected, and our market slowly advanced,
becoming dull, but steady on the noon
hqur. Rainy weather in the Atlantic
states was construed as an unfavorable
outlook for planting preparations and gave
a firmer undertone to tho new crop. But
little business has been put through, the
points on both sides of the market seem
ing to have little interest for the outside
traders, who have been so active during
the past season. Speculation is waiting
for new developments, either an increase
in the demand from spinners or further
advices regarding the coming crop.
New York, April 19.—Murphy & Cos. say:
Liver|x>ol unchanged on spots, sales 10,000.
Futures opened about l-64d up
and closed about 3-64d higher
than yesterday, which was the
best for the day. Market opened ir
regular, about 1 point down on old crops
and about 1 point up on new crop, but
gained some 6 or 7 points after the . call,
especially in new crop position under buy
ing orders from Liverpool and Wail street,
owing to further complaints of backward
ness in farm work. Heavy rain again
reported along the Atlantic states. Re
ceipts continue small and the Bombay
movement only 13,000, against 57,000 the
same week last year, all of which would
presage a strong statistical, position in
Liverpool. Pointers for to-morrow at New
Orleans and Houston small.
DRY GOODS.
New York, April 19.—The market has
again been featureless to-day in all de
partments. The home trade adheres
steadily to a hand to mouth policy and
there is no export business of any account.
For spot goods in staple cottons prices are
steady, but on forward business the ten
dency Is in favor of buyers. Sales of
prints and ginghams limited at previous
prices. Print cloths still neglected. Prices
nominal. Jobbing trade here quiet, but
local retail dealers doing a good business.
THE RICE MARKET.
The following are the Savannah quota
tions:
Choice None
Pr.me
Good 4
Fair 3V4<&3*
Common 2 fy2*4
Hough Rice—None offering; season over.
New York, April 19.—1n spite of con
trary conditions and irregular prices in
other cereals, the rice market is firmly
maintained, and Its outlook promising.
The week has been of alternating charac
ter, but with preponderating days of ac
tivity, distinct gains are to be noted in
both volume and values.
Advices from tho South are somewhat
contrary; the general situation is un
changed; firmness at recent advance, the
rule, but In every quarter the more cau
tious are evincing a disposition to market
with rational haste. This does not Imply
weakness, for concessions, if any, are
trilling and usually made where outside
figures are demanded. The reason for ac
tion is that cleaned rice, which will carry
safely in Northern latitudes, Is apt. to go
to pieces at the South, with the first ap
proach of hot weather; especially Is this
the case right on the coast under the com
bined influence of moisture and heat.
Talmage, New Orleans, telegraphs
Louisiana crop movement to date: Re
ceipts. rough. 895,465 sacks; last year, 694,-
176 sacks. Sales, cleaned (est), 230,575 bar
rels; last year, 169.877 barrels. Market
very strong; offerings limited.
Talmage, Charleston, telegraphs Caro
lina crop movement to date: Receipts,
53,160 barrels. Sales. 61.708 barrels. Mar
ket strong; offerings light; higher prices
asked.
NAVAL STORES.
Spirits Turpentine—Firm at 47*4 cents;
sales, 756 casks.
H looks like there is to be a reversal of
the trend in the turpentine market, which
was declining at a rapid rate a few days
since. The opposite is the case at pres
ent, the recent gain being added to to-day
by another of Ms cent at the closing. A
good demand prevails- al the advance, and
the transactions promise to continue at an
encouraging rate, at least fora short time.
While the tendency Is not upward. th<*
gains only being u reaction du , possibly,
to a hasty decline, it is apparent to the
trade that the market is very firm at the
advance. Th** receipts to-day were 98-4
casks, sales 756 casks, and the exports
1,096.
Ronins— Unchanged; sales, none.
Nothing of consequence was doing in the
rosin market to-day, which closed quiet
as to grades I and above, and Arm as to
H and below. There were no reported
transactions, and the demand was not
such aa to give promise of any Immediate
picking up of business. The receipts were
1.604, sales none, and the export* 3,335. The
following were the quotations;
A. B, C $1 1 $1 90
D 1 32 Mb K 2 00
K 137 Vi M 225
F 1 40 N 2 25
0 1 45 W G 2 50
H 1 W W W 2 75
Naval Stores Statement—
-1900. 1900.
Spirits. Rosin.
Stock on hand April 1, 1900 . .2.197 142 5 6
Receipts this day 984 1.604
Received previously 9.894 23,547
Total 13,075 107,657
Exports to-day 1,096 3.3 5
Exports previously 7,242 42,6 9
Total since April 1. IMJ 4* 294
Stock on hand this day 4.737 121.653
Stock same day last year 5.962 111,192
Receipts this day last year 1,029 2,009
Charleston, S <\, April 19—Turpentine
market firm at 45Vfec; sales, none.
Rosin firm; sales 1H) barrels 13. C, D,
$1.30; E. $1.35; F. $1.35; G. $1.40, H. $1.60;
I. $1.70; K. $1.75; M, $2.05, N, $2.10; W G.
$2.25: W W, $2.55.
Wilmington, April 19.—Spirits turpentine
steady, 47<£i'47V&c; receipts 13. Rosin steady,
unchanged; receipts 190. Crude turpen
tine steady, $1.85 and $3.15; receipts, 6.
Tar firm, $1.30; receipts, 178.
FINANCIAL.
Money—The demand keeps fairly up
with the supply.
Foreign Exchange—Market steady. The
commercial demand, $1 S7; sixty days
s4s3B; ninety days, $4.81 7 k; francs, Parly’
and Havre, sixty days. 5.21; Swiss, sixty
(lays. 5:25%; marks, sixty days, 94 3-16-
ninety days 93 13-16.
Domestic Exchange—Steady; banks are
buying at par, and selling • as
follows: Amounts to and including
$25. 10 cents premium; $25 to SSO, 15 cents;
SIOO to S2OO, 25 cents; S2OO to SI,OOO, %
premium; over SI,OOO, $1 per thousand.
Securities—The market is active and
strong for Centrals.
Stock.*.
Bid. Asked.
Augusta and Savannah R. R lUVi 112V4
Atlanta & West Point 126 127
do 6p. c. certifs 105 106
Augusta Factory 85 90
Citizens Bank 129 130
Chatham Bank *. HOVfr 111*4
Chatham R. E. & I. Cos., A ..58 69
do do B 57 58
Eagle & Phenix Mfg. Cos 105 108
Edison Electric Ilium 104 106
Enterprise Mfg. Cos 100 102
Germania Bank 130 131
Georgia & Alabama 28 30
Georgia Railroad, common 206 209
Granlteville Mfg. Cos 165 170
J. P. King Mfg. Cos. 105 108
Bangley Mfg Cos ns u)
Merchants National Bank lit) 111
National Rank of Savannah 150 152
Oglethorpe Savings & Trust 111 112
People’s Savings A Loan 101 103
Southwestern Railroad Cos 111V4 112V4
Savannah Gas Bight 25 26
Southern Bank 159 160
Savannah Bank & Trust 120 121
Sibley Mfg. Cos.. Augusta 91 93
Savannah Brewing 102 104
Dona*.
Bid. Asked.
Char., Col. & Aug. Ist ss, 1909. .108 109
Atlanta city, 4V4 1922 ill m
Augusta city, 4s,
do 4Vfes, 1925 113 114
do 7s. 1903 107 108
do 6s, 1913 119 120
Ala. Mid. ss, ind’d, 1928, M. & N. .101*4 103
Augusta Factory 112 113
Brunswick & Western 4s, 1938 83 84
C. R. R. & Banking, collateral 5s 95 96
C. of G. Ist ss. 50-year gold, 1945
F. & A 119 120
C. of Ga. con. ss, 1945, M. & N.. 95*4 96*4
C. of Ga. Ist incomes, 1945 43Va 44%
do 2nd incomes, 1945 14 15
do 3rd incomes, 1946 7 8
C. of G. (M. G. & A. Div) ss, 1947,
J. & J 98 99
C. of G. (Eatonton Branch). 5s
1926. J. & J 99 100
City & Suburban R. R. Ist 75.. 109 110
Columbus Ci*y ss, 3909 106 108
Charleston City 4s, 1945 103 104Vfc
Eagle & Phenix Mills 6s, 1928...109 110
Edison Electric Illuminating 6s ..105 107
Enterprise Mfg. 6a. 1903 103 104
Georgia Railroad 6s. 1910 115
G. S. & F.. 1946, J. & J 11l 1U
Georgia & Alabama Ist ss, 1945..105 107
do consolidated ss, 1915 95 97
Georgia state 3V&s, 1930, J. & J 107
do 3%5, 1915. M. & N 105 ...
do 4H. 1915 119 120
Macon city 6s, 1910, J. & J 120 121
do 4%b, 1926, Jan. quar 108 110
Ocean Steamship ss, 1926 106V4 108
Savannah city ss, quar. July,
1913 112 113
do ss, quar., May, 1909 112V* 113 V!
South Carolina state 4Vcs, 1935....118 120
Sibley Mfg. Cos. 6s, 1903 102 103
South Bound 5s 97 98
6., F. & W. gen. m’tgo 6s, 1934.123 124
do do Ist ss, gold, 1934 110 H 112 V!
do (St. Johns Div.) Ja* 4*. ’934... 94 M
New York, April 19.—Money on call
steady at 2*/ 2 (fy3 per cent.; last loan 2*6
per cent. Prime mercantile paper, 4*4'95
per cent. Sterling exchange strong, with
actual business in bankers’ bills at $4.8794
for demand, end at $4.84 for sixty days.
Posted rates, Commercial
bills, $4.83V4@4.83%. Silver certificates, 60%5)
61*!c. Bar silver,' 59V£c. Mexican dollars,
4714 c. Government bonds irregular; state
bonds inactive; railroad bonds irregular.
STOCKS AND BONDS.
New York, April 19.—Business on the
Stock Exchange to-day lapsed Into a con
dition of dullness and abandonment to
the operations of small professional trad
ers. Much angry recrimination continues
to be heard on all sides concerning the
bear raid on the Iron and steel stocks. Not
only In the stock market, but in the Iron
trade as well accusations of bad faith and
double dealing are bandied about.
All other authorities In the trade dis
agree with the views of Chairman Gates,
of the American Steel and Wire Com
pany, but the Iron Age says in its review
of the subject, “no sharp tumble in values
is expect*d unless this development in the
wire trade should produce such an effect.”
It is the reservation thus expressed that
so effectually upset the speculative
world. Dealers In securities kept one eye
on the iron and Steel stocks all day and
the erratic and irregular movements in
that group kept the whole market in a
feverish and uncertain state. When
pressure there was relaxed there was a
disposition manifest to mark up prices
elsewhere, but the burden of selling met
on the advance gave an appearance 'of a
desire to realize on an extensive scale
and took the snap out of the market.
On the other hand, the majority of
stocks offered decreased materially on a
considerable decline, giving an undertone
of firmness to prices. Notable strength
was shown at one time by the Baltimore
and Ohio qtocks, and on the other hand
Southern . Pacific suffered from decided
weakness. The one movement had about
as much effect on the general list as the
other. The shar;* advance in the metal
stocks which followed the declines after
the opening was accompanied by a rise
late In the day to the best prices. But
when these stocks and Sugar gave way,
the whole list followed, and the closing
was active and easy, considerably below
the best. Sugar, alter selling up as high
as 108V4 closed at a net loss of 2 points.
The news of the day was generally ig
nored. It included a number of strong
statements of earnings for the second
w ek in April, especially by soft coal car
jylng roads. Humors of new combina
tions of railroad systems continue preva
lent The Chicago. Indianapolis and Bouis
ville is now said to bo destined for ab
sorption by the Southern Hallway, and
there are stories of Vsnderbilt buying of
Wabash securities The Booth western
group of so-called Gould railroads are
formed into various combinations by the
rumor mongers The small amount of
foreign proxies voted at th New York
I'dfttrsl annual tmsHlhg was regarded as
PAGES 9 TO 10.
MURPHY & CO., INC.,
Hoard of Trade HulLJing, Savannah.
Private leased wires direct to New York.
Chicago and New Orleana.
COTTON, STOCKS A.*D OFIAI.V.
New York office, No. SI Broadway.
Offices 111 principal cities throMgtiout th
South. Write for our Market Manual and
book containing instructions for traders.
■
significant of the recent foreign selling of
high priced securities and explanatory of
the upward movement of exchange which
continued to-day.
Money continues easy and a strong bank
statement on Saturday is considered as
sured.
The bond market was moderately active
and irregular. Total sales par value sl,-
705,000.
United States ,1s registered and old 4a
declined and the 5s ts in the hid price.
Nmv 4s advanced Vi per cent. Tho total
rales of stocks w< re 540,000 shares. In
cluding Atchison, 7,400; Atchison preferr
ed. 18,7i>0; Mlirlington and (Juincy, 10.350:
Manhattan, 7,400; Metropolitan Street
Railway, 8,300; Missouri Pacific, 22,275;
Pennsylvania, 12,880; St. Paul, 8,165; South
ern Pacific, 50,760; Union Pacific, 22,350;
American Steel and Wire, 13,775; Federal
Steel, 26,197; lirooklyn Rapid Transit, 12-
120; American Steel and Wiro preferred,
41,690; Sugar, 36.560.
New York Stock I,lst.
Atchison 26Union Pacific .. 57141
do pref 71 do pref 75 l &[
B. & 0 88% Wa bash 8
Can. Pacific .... 96% do pref 22^4
Can Southern.. 55 Wheeling & L.E. 10 %
C. & 0 31% do 2d pref 2&t4
C. O. W 14 |Wie. Central .... 17%
C., B. & Q l?G%jTh!rd Avenue .. 112
C.. I. & L. 27%! Adam* Express* 119
do pref 67%j American Ex .. 145
C. & E. 11l 101 IT. S. Express .. 4$
C. & N. W 161 Wells Fargo ... 12S
C., H. I. & P. .. 110%]Am. Cotton Oil 36
C. C. C. & St.L. 62% do pref 97
Col. Southern .. 6 Am. Malting .... 4
do Ist pref 43% | do pref 21
•lo 2d pref .... 16Va A.m. Sm. & H. .. 37Vfc
Del. & Hudson. 116%| do pref s9*4
D„ Li. AW. ... 178 iAm. Spirits .... 2%.
I). & It. 0 20%1 Am, Spirits pref 17
do pref 71% Am. Steel Hoop 28
Erie 13%! do pref 74V4
do Ist pref Ui'Am. Steel & W. 43%
(It. North pref 15961! do pref 80
Hocking Coal ...17% Am. Tin Plate .. 29%
Hocking Valley. 39141 do pref 79
Illinois Central 115%! Am. Tobacco .. 10-1
lowa Central .. 18 | do pref 153
do pref 51 Vi! Anaconda M. Cos. 48%
K 0., P. & G... 18 | Brooklyn R. T. 73V4
Luke Erie & W. 3t 1 Pol. Fuel & I. 44
do pref 93 Icont. Tobacco .. 28%
Hike Shore .... 2i>s I do pref 81%
L. & N 84% Federal Steel .... 44
Manhattan L ... 94 do pref 70%
Met. St. Ity. 157%Gen. Electric .. 139 Vi
Mexican Cenral 14‘iloiucosc Sugar .. 49 '
Minn. & St. L. 65%! do pref 90
do pref 94V- Inter. Paper .... 21
Mo. Pacific 68%| do pref 60
Mobile & Ohio .. 45 [xjaclede, Gos 72
M , K. & T 11% National Biscuit 83%
do pref 38 1 do pref 87%
N. J. Central .. ll'V4iNat!onal Lead .. -3
N. Y. Cer.tral ..135 | do pref lot *
Norfolk & West 38%|NUonal Steel .. 38>*
do pref 77% do pref 9,.
Northern Pacific 58V N. Y. Air Brake *,//.
do pref 76%l North .America-?. 10**
Ont. & Western 21%pacific Coast 5 %
Ore. Ry. & Nav. 42 I do Ist pref B3
do. pref 76 | do 2d pref 62
Pennsylvania .. 136%|Pacific Mall ”3%
Reading 18%(people’s Gas ... 103
do Ist pref .... 6OV2] pressed Steel Car 49
do 2d pref 32 ] do pref 62
Rio Grande W.. 51% Pullman P. Car 181
do pref 87V- Stoll. It. & T. .. 6%
61 L. & s. F.... 10% Sugar '04%
do Ist ptef .... 70 j do pref l'O
do 2d pref 36% Tenth C. & Iron 87%
St. L. 8. W 12*4|U. S. Leather ... 11%
do pref 32% do pref . 71
St. Paul 121% U. S. Rubber .. :3%
do pref 173% do pref 97
St. P. & Om. .. 119 | Western Union 81%
Southern Pacific 3>V|R. I. & 3 19'4
Southern Ry. .. 13%| do pref ......... 62
do pref 58% P. C. C. & St. L. 60
T. & P 19%
liond*.
U. S. rdf. 2s. ..103 | M., K. & T. |
do 2fl, reg 99%! 2nds 69
do 3s, reg 109 |M., K. & T. 4s. 93%
do 3s, con. ..110 |M. & O. 4s B7
do new 45,reg.133 IN. Y. C. lsts ..110%
do new 45.c0u.134 |N. J. C. g0n.58.124
do old 4s, reg. 114%! N. C. 6s 127%
do old 4s, c0u.114% N. C. 4s 106
do ss, reg. ...112% No. Pa. 3s .. ..68%
do ss, cou. ..113%1N0. Pa. 4* 104%
D. Of C. 3 65s ..122 :N. Y., C. & St.
Atch. gen. 4s ..100%! L. 4a 107
Ateh. adjt. 4s. .. 84%1N. &W. con.4s. 98
Can, So. 2nd* ..107 |N. & W. gen. 65.134
C. of G. f>s .... 96 I Ore. Nav. lsts ..108
do Ist inc 44 |Ore. Nav. 4s ..103%
do 2nd Inc. .. 14 |Ore. S Lino 6s .128
C & O. 4%s •• 99% Ore. S. L. C. 55.113%
C & O. 5s 120% Read. gen. 4s .. 89
C & Nw. C. 7s. 142 Rio G. W. lsts . 99%
c. & Nw. S. F. St. L. & Ir. M.
Deb. Gs 122 con. 5s 110%
Chi. Term. 4s .. 96% St. L. & S. F.
Col. So. 4s 84% gen. 6a 121
D & R. G. lsts.lo4 St. Paul cons. ..172%
D'. & R. G. 4.. 99% St. P.. C. & P. .
E T V & G. 161s 120
lsts' 102% St. P., C. & Pa.
Erie gen. 4s ... 74 5s 121%
F. W. & D. C. So. Ry. 5s 112%
l<,ts 72 So. Pa. 4s 84%
Gen ‘Elec. 5s .. 117% S. Rope & T. 6s 72
o H As. A. 6s. 197 T. new set. 3s .. 95% ,
O H. & S. A. T. & Pa. lsts ..115
ipAa 110 |T. & Pa. 2nds . 58
H* A, T. C. ss. .110 |X7n. Pa. 4s .. ..lOa’ii
H & T. C. C. |Wabash lsts ....118
lowa Cen. ists .113% West Shore 4s ..114%
K C. P. &G. "j Wis. Cen. lsts .. 92%
La new eon. 45.106%1Va. Deferred ... 5
L & N. Uni. 45.100%!
New York, April 19.-—Standard Oil, 543®
545. Ia
COUNTRY PRODUCE.
Poultry—The market la steady. Quota
tions: Half-grown, 35@50c per pair; three
quarters grown, 55f(t'60c per ptiir; full
grown fowls (hens). 654i70c per pair; roos
ters, 40c per pair; turkeys, $1.25'q,2.00 ir
pair; geese, $75c4j.51.00 per pair; ducks, 60®
70c per pair.
Eggs—The market Is dull at 11:512c.
Butter—The tone of tho mark#t Is
steady. Quotations: Extra dairies, 20c;
extra Elglns, 23c.
MISCELLANEOUS MARKETS.
Bacon—Market higher and advancing;
smoked clear sides, 9%c; dry salt'd clear
Bi les, B%c; bellies, B%<: . sugar-cured hums,
12%®13%c.
I,urd— Market firm: pure, In tierces, BV_.e;
50-pound tins, B%c; compound, In tierces,
7%c; 50-pound tins, 7%c.
Cheese—Market firm; fancy full crearu
cheese, 140 for 25-pound average.
Floor— Market steady; patent, $4.26;
Straight. $4 00; fancy, $3.65; family, $3.40.
Corn—Murkel steady; white, Job lots,
61c; carload lots. 59e, mixed corn, non*.
Oats—No. 2 mixed, carload, 31c; Job lots,
ITWTtXe; while, 39r, carload, 4Ue, Job Iota;
white, clipped, (27 to U poutsisj. .ISkidiiai