Newspaper Page Text
PAINE, MURPHY & CO.,
» COMMISSION MERCHANTS,
» [O3 Reynolds Sl-Telejlioiie®. L’i
Private Leased Wires Direct to Naw
r York, Chicago and New Orleans.
, Order* executed <Jver our wires for
Cotton, Stocks, Bonds, Grain and Pro
visions, for cash or on margins.
Local securities bought and sold.
References: National Exchange Bank,
Augusta, or Mercantile Agencies.
cotttonlreaks ~
ON THEFIRST CALL
Settlement of August Contracts
- Caused Drop of 11 Points.
LOSS PARTLY-RECOVERED
Tone of the Market Showed More
Strength at Close-Stocks Stronger.
Wheat Shows Decline on Good
Crop Advices.
Augusta, Ga., July 21, 1898.
Remarks: The New York Cotton Ex
change, hereafter, will not report sales
in any form.
AUGUSTA CLASSIFICATION.
Tone of the market—Steady.
MARKET YESTERDAY.
Ordinary
Good ordinary ,'
Strict good ordinary ■
Low middling ■ -
Strict low middling 5 15-16
Middling 6 1-lb
Strict middling 6 3-lo
Good middling
Low middling stains
Middling stains
Tinges
MARKET SATURDAY.
Tone of the market—Steady.
Ordinary —■
Good ordinary
Strict good ordinary
Low middling
Strict low middling 6
Middling 6 1-8
Strict middling 6 1-,
Good middling
Low middling stains
Middling stains
Tinges
RECEIPTS AND SALES.
Saturday ... 23 104
Monday 30 21
Tuesday 27 97
Wednesday 9 6.235
Thursday 10 l,07»
Total 99 7,552
A
Stock in Augusta July 21, 1898 15,188
Stock in Augusta July 22, 1897 1,334
RECEIPTS IN AUGUSTA,
Receipts since September 1 to July
21. 1898 375,353
Receipts since September 1 to July
22, 1897 284,485
RECEIPTS AT PORTS.
1898 18)1
Saturday 976 572
Monday 923 173
Tuesday 544 140
Wednesday 2,097 225
Thursday 1,026 362
Friday 916
Total 5,566 2,434
COTTON CROP. PLANTATION AND
PORT RECEIPTS AND STOCK Al
ALL UNITED STATE PORTS.
1898 189)
Crop in sight July 22.. ..10,884,529 8,329,750
Came in sight during
this week 28,280 15,786
Plantation receipts week
ending June 17
Total port receipts since
Sept. 1 to July 1 8,562,157 6.661,435
Stock at all United States
ports , .... 269,277 116,063
Stock in New York 101,541 64,09»
COTTw- LETTER.
Augusta, July 21.—There was noth
ing encouraging for the bulls in Liv
erpool cables; sales only, 8,000, and fu
tures in poor demand. Reports from
cotton states show’ continued good
growing condition, and cotton very
forward. This combination took the
heart out of the longs in August and
liquidation commenced at the first call
and continued ’throughout the day,
with declines ranging from 7 to 10
points, with August the weakest.
There is little in sight to base advances
upon, and we think the sagging mar
ket will continue until July 27. when
August contracts will be either all
bought, rung up or retlredoGnnwan-,d
bought, rung up or transferred to later
options. The closing prices were dull,
and at about the lowest of the session.
PAINE, (MURPHY & CO.
HUBBARD’S COTTON LETTER.
New York, July 21.—The history of
the forenoon has been one of continuous
selling of August apparently for the
long account. Liquidating orders ap
peared upon the market at the opening
call and continued during the day ac
eompanied by long sales of October and
January. Prices gradually receded un
der the pressure and the buyers appear
ed to be the exporters. Crop reports
are most excellent, a Georgia dispatch
saying: “The prospect is all that could
be desired.” During the afternoon the
market was dull but steady at about
2 to 3 points above the lowest prices
reached. The liquidation today has
been so large that it would not at all
surprise us to see a better market to
morrow.
HUBBARD BROS. & CO.
COTTON SPECULATION.
New York, July 21.—The cotton
market today showed an increased
volume of business, but this -was at
the expense of prices, as it resulted
chiefly from a desire to liquidate Au
gust contracts, which broke H
points and dragged the rest of the list
oft Ga 9 points. Subsequently the mar
ket rallied partially, on covering, and
closed steady at a net loss of 3as
points. The underlying cause of weak
ness here is the tendency to believe
that the crop is too large to be handed
even at the present low prices, with
speculation offering no competition
against consumers, while the latter
class of buyers see no reason to antici
pate wants, with advices frpm the Cot
ton Belt so generally favorable. The
volume of transactions is not a matter
of record, the reporting of transactions
having been discontinued by the ex
change. It was easy to see, however,
that business was more active today
than it has been for some time past.
DRY 'GOODS MARKET.
New York, July 21.—Dry goods mar-
kot,—Wann weather has helped the saie
of strictly seasonable goods in cotton
lines during the last two day*. The
mail orders and re-ordeirs have shown
a slight increase In size and number.
Buyers are still very scarce. Jobbers
report general good results. Road
salesmen have been Wing well.
LIVERPOOL COTTON.
Liverpool, July 21. 4p.
sj*»t, quiet; prices favor buyers; Ameri
can mkklllng fair 3 29-32 d; good mid
dling 3 5-8 d; middling 3 7-16 d; low mld
dllnfg 3 5-16 d; good ordinary 3 5-32 d;
ordinary 2 31-33 d. The sales of the day
were 8,000 bales, of which 500 w’ere for
speculation and export and included
7,600 American. Receipts 200 bales, all
American.
Futures opened easy with a.poor de
mand and closed steady; American
middling low middling clause.
July 3 22-414 'buyers.
July and August 3 22-64 sellers.
August aud September 3 21-64a3 22-64
seffwi
September and October 3 20-4M&3 21-64
sellers.
October and November 3 19-64«3 20-64
sellers.
November and December 3 10-64 sel
lers.
December and January 3 18-54a3 19-64
sellers; ,
January and February 3 !S-«4a3 19-64
sellers.
February and March 3 19-64 buyers.
March and April 3 20-64 sellers.
April and May 3 20-64a3 21-414 buyers.
NEW YORK FUTURES.
New York, July 21.—Futures closed
steady.
July.. 5 83
August 5 82
September 5 84
October 5 87
November .5 88.
December '5 91
January 5 95
February 5 98
March 6 02
April 6 06
May 6 10
NEW ORLEANS FUTURES.
New Orleans, July 21.—Cotton futures
quiet.
July 5 62 bid
August 5 49a50
September .. ..5 48a50
October 5 49a50
November 5 52a54
December 5 57a58
January 5 62a63
February 5 65a67
March 5 69
NEW YORK SPOTS.
New York, July 21.—Spots, closed
quiet; middling uplands 6 1-8; middling
gulf 6 3-8; sales 2,060 bales.
COTTON MOVEMENT.
New York. July 21.—Cotton quiet;
middling 6 1-8. Net receipts none;
gross 135; exports to the continent 303;
forwarded none; sales 2,060; spinners 30;
stock 101,541.
Total today—Net receipts 1,026; ex
ports to Great Britain 380; to the conti
nent 1,103; stock 269,227.
Consolidated—Net receipts 5,566; ex
ports to Great Britain 9,727; to France
50: to the continent 3,544.
Total since September I—Net receipts
8,488,173; exports to Great Britain 3,452,-
746; to France 812,560; to the continent
2,952,316.
DAILY COTTON MARKET.
Galveston, July 21.--gotten steady;
middling 5 13-16; nei. receipts 39; gross
receipts 39; stock 21.930.
Norfolk, July 21.—Cotton quiet; mid
dling 5 7-8; net receipts 143; gross re
ceipts 143; sales I+4; stock 14,398; exports
coastwise 177; continent 800.
Baltimore, July 21.—Cotton nominal;
middling 6 3-8; gross receipts 526; stock
14,840.
Boston. July 21.—Cotton steady; mid
dling 6 1-8; exports to Great Britain 300.
Wilmington, July 21.—Cotto.i firm;
middling 5 3-4; net receipts 5; gross
receipts 5; stock 6,712.
Philadelphia, July ?I.~Cotton quiet;
middling 6 3-8; stock 9,348.
Savannah, July 21.—Colton quiet and
easy; middling 5 5-8; sales 25; stock
9,904.
New Orleans, July 21,-CJttoh steady;
middling 5 5-8; net receipts 899; gross
receipts 809; sales 2,350; stock 81.596;
exports coastwise 550.
Mobile, July 21.—Cotton nomina';
middling 5 3-4; net receipts 30; gross
receipts 30; stock 3,773.
Memphis, July 21.-Cotton dull; mid
dling 5 3-4; net receipts 173; gross re
ceipts 499; sales 525; stocr 2.1.749.
Augusta, July 21.—Cotton steady;
middling 6 1-8; net receipts 10; gross
receipts 10; sales 1,075; stock 15.225.
Charleston, July 21. —Cotton quiet;
middling 6 1-2; stock 4,747.
Cincinnati, July 21.—Cotton quiet;
middling 6; net receipts,2lo; gross re
ceipts 210; stock 10,731.
Louisville, July 21,-Cotton quiet;
middling 6.
St. Louis, July 21.-Cotton quiet;
middling 5 7-8: net receipts 3; gross re
ceipts 327; sales 250; stock 32,089.
Houston, July 21.—Cotton dull; mid
dling 5 13-16; net receipts 173; gross
receipts 499; stock 23,749.
STOCK LETTER.
Augusta, July 21.—There were great
expectations in the market this morn
ing, but in the absence of any decided
news, and rumors of possible compli
cations regarding the sending of Wat
son’s fleet to Spain, caused caution,
and the market drifted into profession
alism and dullness, with quotations
almost unchanged for hours. This con
tinued until after clearing hour, when
good buying was noticed in Metro
politan and this stock moved up $1 a
share. The balance of the market con
tinued stagnant, and closing prices
showed very little change. The New
York local crowd are still bearish on
sugar excepting the opposition to cut
prices, which will affect the income of
the trust. We cannot advise selling
this stock, notwithstanding the market
is in a position to soon show some goo'j.
movements, and we are Inclined to
wards advising purchases.
PAINE, MURPHY & CO.
SPECULATION IN STOCKS.
New York, July tx.—There was no re
lief to the undeviating quietude of the
stock market today. A few of th» in
dustrial specialties were pushed up on
considerations Individual to the stock.
The strength of these had some sym
pathetic effect on the general Hat.
stocks in ■which showed appreciation
in price on a ismall volume of dealings.
Not all of these gains were held, but
prices at the close showed small net
gains as a rule. London was u small
THE AUGUSTA CHRONICLE FRIDAY JULY 1898
200 Cars Bagging and Ties
For sale by DAPCDQ £ Pfl Augusta, Ga.
Bagging and llUuLliu LlUiij 'Tic Brokers.
buyer on balance. The hesitation In
the wheat market had its reflection in
the stock market, though the fact is
now accepted that we are to have a
Wheat crop of unprecedented propor
tions. Os rather more significance was
today’s' report that there were pros
pects of a very large crop of Rouman
ian wheat, supplementing yesterday's
report of an expected heavy Increase
In the French crop.
The interrupted grain movement al
ready shews signs of recovery and a
good export demand gives hope that
present prices will be well maintained
and the movement of the new crop con
tinued. Sterling exchange was reduc
ed 1-4 cent in the actual rates today un
der the influence of grain and .cotton
bills In the market and there was no
hardening tendency in the money mar
ket.
The presure of investment funds was
conspicuous in the 'bond market today,
notably for highly secured bonds of
reorganized roads. Heavy blocks of
Union Pacific and Atchison 4's were
taken. There was also a movement in
speculative bonds, Wisconsin l’s being
the leading example. This bond ap
preciated 2 5-8 per cent and reacted
sharply on profit-taking, but hardened !
again before the close. The total sales l
were 34,510,000.
The new government's rose to 104 18
today on demand attributed to the
banks for purposes of speculation. The |
profit lin circulation with these bonds
over that by the use-of the 4's of 1925:
has a margin still remaining with the .
premium above 104.
United State*, new 4’s coupon and the ;
s's registered auvanced 1-4 and the old
4’s coupon declined 1-4 in the bid price.
FINANCIAL.
New York, July 21.—(Money on call,
steady lai 1-2 per cent; last loan 1 1-2.
Prime mercantile paper 3 l-2a4 per cent.
Sterling exchange weak with actual
business in Ibankers bills at $4 85a4 85
for'demand and at $4 84al-+ for sixty
days; posted rates 34 85 1-2 and 34 86 1-2
a4 87; commercial bills 34 83 1-2. Silver
certificates 59 l-4a59 3-4. Bar silver 59
5-16; Mexican dollars 45 3-4. Govern
ment bonds irregular.
Atchison 13 1-8
Do. preferred 34 1-4
Baltimore and Ohio 13
Chesapeake and Ohio 22 1-8
Chicago and Alton ...160
Chicago, B. and Q 105 1-4
Chicago and E. 11l 54
Delaware and Hudson 104 3-4
Delaware. 1,, and W 150
Delaware and Rio G.... 12
Do. preferred .. 49 7-8
Illinois Central 107 1-2
Lake Erie and Western 13
Do. preferred 70
Lake Shore 188
Louisville and Nashville 52 3-8
Manhattan L .105 1-1
Missouri Pacific 34 7-8
Mobile and Ohio ..... .. 2512
'Mo. K. and
Do. preferred 34 1-4
New Jersey Central .. 88 1-1
New York Central .. ..' 117 5-8
Norfolk and Western 14
Pittsburg 170
Reading ; 16 5-S
Rock Island 95 3-4
Southern Railway .... .. 8 3-3
Do, preferred 30 1-2
Texas and Pacific 12 1-2
Union Pacific 60 3-8
MUSCELLA.xEOUS.
American Cotton Oil 23-1-2
Do. preferred .... 76 1-2
American Tobacco 119 1-2
Do. preferred 122
People’s Gas 98 1-8
General Electric 38 3-4
Illinois Steel 56
Pullman Palace 209
Silver Certificates 59 1-1
Sugar 132 1-2
Do. preferred ...113 1-4
Tennessee Coal and Iron 24
BONDS.
U. S. new 4’s, registered 124
Do. coupon 125 1-4
U. S. 4’s 109 1-2
Do. coupon ....110
Do. 2ds 96
U. S. s’s registered 11l 1-2
Do. s’s coupon 112 1-2
District 3 65’s 116 1-4
Alabama Class A 108
Do. B 100
Do. C 90
Do. Currency 90
Atchison 4’s 94 5-3
Do. adj. 4’s 70 5-8
Chesapeake and Ohio s’s 104 5-8
East Tennessee lsl« 105 3-8
Erie General 4’s 73 1-4
General Electric s’s 105
La. new consols 4’s 104
L. and N, uni 4's 88 1-4
Missouri 6’s 100
*M. K. and T. 2nds 65 7-8
Do. 4’s 89 1-2
New York Central Ists 115 7-8
New Jersey Central 5 s 11l
North Carolina 6’s 125
Do. 4's 102
Norfolk and Western 6’s 122
Northwestern consols .143 1-4
Do. deb. s’s 117 1-4
Reading 4’s 82
South Carolina non-fund
Southern Railway s’h 93 3-4
Tennessee new set 3’s 91 1-2
Texas Pacific L. G., Ists 106
IDo. Rg. 2nds 42 3-4
Virginia Centuries 71 1-4
Do. deferred 4
GRAIN LETTER.
Augusta, July 21.—Although the
weather map showed the predicted
frost did not materialize in North Da
kota, Liverpool caibles were up l-2d.,
and Steadied prices. The movement,
compared with last year, is extremely
light, and paused considerable advance
in cash prices, July gaining 2 cents.
This caused covering, and other op
tions advanced nearly 1 cent. After
this early strength there were num
bers of reports of an encouraging na
ture from the spring' wheat belt, with
warm weather and rains, which caused
selling, and prices gradually receded
until 1 1-4 cent decline was recorded.
The short Interest is nervously large,
but it is hard to argue the bull side
with prospects of a world’s surplus put
at 13,000,000 bushels, and in conse
quence the crowd sella on all rallies.
The closing was quiet, at the decline.
Corn showed weakness on good weath
er tind rfilna. In all probability the
damage lias been overestimated and
possibly the high point for some time
to come has been reach d. Provisions
are weak.
PAINE, MURPHY & CO.
(WAIN AND PROVISIONS.
Chicago, July 21. —On a heavy decline
at Paris, wheat reacted today, after an
early show of strength, compared with
last night. September shows a loss of
3-Bal-2. December left off 7-8 lower.
The absence of cash offerings caused
au advance in July which closed 7-8
higher than yesterday.
Corn declined l-2a5-S and oats are
unchanged.
Pork and ribs quit 7 1-2 cents lower.
Lard is 5 cents down.
The leading futures opened and
closed as follows:
Opening. Closing.
WHEAT (No. 2.)
July 79 1-4 78 1-8
September 68 l-Bal-4 67 3-4a7-$
December 6Sal-8 67 1-2
CORN (No. 2.)
July 33 1-4 32 7-8
iSetember 33 l-4al-2 32 7-Baß3
i December 33 3-4 33 3-8
May 36 35 3-Bal-2
OATS (No. 2.)
Ijuly 23 1-2 22 3-4
September 19 7-8 19 3-4
'May 22 3-8 22 3-8
I MESS PORK (Per bbl.)—
Lluly 9 72 1-2
I September 9 95 9 87 1-2
I LARD (Per 100 lbs.)—
'September 5 65 5 60
October 5 70 5 65
(SHORT RIBS (Per 100 lbs.)—
September 5 67 1-2 5 62 1-2
October 5 70 5 67 1-2
Cash quotations were as follows:
Flour steady; No. 2 spring -wheat 75;
No. 3 spring wheat 70a80; No. 2 red 80
1-21 No. 2 corn 33 l-4a3-8; No. 2 yellow
corn 33 l-4a3-4; No. 2 oats 24; No. 2
white 28; No. 3 white 26a26 1-2; No. 2
barley 32a35; No. 1 flaxseed $1 00a! 02;
prime Timothy seed $2 55; mess pork,
per bbl., $9 75a9 80; lard, per 100 lbs.,
$5 52 l-2a5 55; short ribs sides (loose) $5
45a5 75; dry salted shoulders (boxed) $4
75a5 00; short clear sides (boxed) $6 10
a6 20. Sugar, cutloaf, unchanged. But
ter firm; creameries 13 l-2a16 1-2;
dairies Hal 4. Eggs steady; fresh 11.
SUGAR ANI> COFFEE.
New York, July 21.—Coffee options
opened steady with June 5 points high
er and other positions unchanged, ruled
moderately active with weak undertone,
cables being unsatisfactory and spot
demand disappointing; no speculation;
transactions due to switching. Closed
steady, net unchanged to 5 points high
er. Sales 11,750 bags, including Septem
ber $5 45; October $5 45.
Spot Rio dull; No. 7 invoice 6; No. 7
jobbing 6 5-8; mild, market dull; Cor
dova 8 l-2a15.
Sugar raw firm; fair refining 3 9-16;
centrifugal 96 test 4 3-16 refined firm.
NAVAL STORES.
Wilmington, July ,21. —Spirits turpen
tine firm 25. 24 1-2; receipts 160-casks.
Rosin dull 95. $1 00; receipts 709 barrels.
Crude turpentine steady $1 00, $1 50; re
ceipts 62. Tar quiet $1 10; receipts 260
barrels.
•Savannah. July 21.—. Spirits turpen
tine firm, 25 l-2a3-4; sales 622; receipts
1,455. Rosin firm unchanged. Sales
1,560; receipts 5.315.
Charleston, July 21.—Turpentine mar
ket steady, 24 1-4; sales none. Rosin
quiet, unchanged; sales none.
AUGUSTA STOCK AND BOND MAR-
KET.
Augusta, Ga.. July 20. 1898.
Market very firm, with good demand
for investment securities. Very light
offerings.
Eid Asked
Georgia 4’s 1926 113
Georgia 4’B. 1915 116
Georgia 3 1-2’s 1915.. .. 104
Georgia 3 1-2’s 1930 105
South Carolina 4 1-2's ... .110 ...
CITY BONDS.
Augusta 7’B 1903 103
Augusta 6’B 1905 108 ...
Augusta s's 1919.. •• .... 107
Augusta 41-2’s 1925 102 ...
Atlanta 6’s 1914 110
Atlanta 4 1-2’s 1913 104 ...
Atlanta s's 1913 107
Savannah s’s 1909 109
Macon 6’s, 1910 H 5
RAILROAD BONDS.
Georgia Railroad and Bank-
ing Co. 6’s, 1910 ... - ....112 ...
Georgia Railroad and Bank
ing Co. 6’s. 1922 116
Charlotte. Columbia and Au
gusto 2d 7’B, 1910...... 115 ...
Charlotte. Columbia and Au-
gusta Ist s’s. 1909 107 ...
Augusta South’n s’s, 1924 ... 95
Southern R. R- s’s. 1894 ... 90 93
FACTORY STOCKS.
Langley Mfg. Co ■ ■ .100 191
Sibley Mfg. Co 70 ”6
John P. King Mfg CO.. 100 101
Aiken Mfg. Co 85 80
Augqsta Factory 50
Enterprise s 3 92
Graniteville Mfg. Co HO
BANK STOCKS.
Irish American Dime Sav
ings Bank I®® •••
Commercial Bank of Au
gusta ‘0
National Bank of Au
gusta
National Exchange Bank of
Augusta 3
Planters Loan and Savings
Bank (par value 10).. 10 ...
RAILROAD STOCKS.
Georgia Railroad and Bank
ing Co l s 3
Atlanta & West Point Rail
road Co 194 ...
Augusta and Savannah Ra’“-_
Road Co 95 ...
Southwestern Railroad com
pany .. ~. 35
MISCELLANEOUS SECURITIES.
Atlanta and West Point R.
R. Co. (debentures) 102 •...
Augusta Gas Co. (par value
25) 30
Augusta Land company .. 30 45
Enterprise Mfg. Co., Ist C’s.
1903 100
Sibley Mfg. Company Ist 6’s,
1902 100
Sibley Mfg. Company Ist 6’s,
Augusta Factory 6’s.
Augusta Factory 6’«.
1915 ..107
•-Ex-dividend.
PRODUCE AND COMMISSION MAR
KET.
Augusta, Ga., July 20, 1898.
Eggs ... 10
RF.MAHKABiF,
SHOWING W Tin:
sum nuts
Improvements, Additions and
Dividends Matters of Con
gratulation*
LIST OF NJwInTERPM
Those Given Are Monument to Prog
ress of the Industrial South.
Gratifying Exhibit of Cotton Mills
in and Around Augusta.
Baltimore, July 21. —(Special.)—The
remarkable showing made in the past
few months by the southern cotton
mills, the improvements and additions
made to them and the satisfactory di
vidends declared are matter*; of con
gratulation for the south, especially
when are considered the circumstances
in more than one milling centre of the
north. The discussion of the situation
of the cotton mill industry in New Eng
land, which has been vigorously car
ried on there for moire than a year, has
assumed various phases. At the height
of it last winter the cheapness of south
ern labor was asserted to be largely re
sponsible for the condition of New Eng
land mills. This explanation was so
seriously taken and urged that repre
sentatives of the New England mills
endeavored to have enacted by congress
a provision for a constitutional amend
ment permitting congress to tlx the
hours of labor in the whole country,
the special purpose being to force
southern cotton inills into the cramp
ing regulations of those of Massa
chusetts, in spite of the difference of
local conditions in the two sections.
Then the agitation turned upon the
question of local taxation, and now it
hinges upon the contention for better
equipment of mills. In the meantime,
the southern inills seem to be prosper
ing. In this week’s Manufacturers’
Record are two letters from typical
southern mill communities, illustrating
the mill conditions, in the south. One
from Concord, N. C., tells of the grad
ual growth of the cotton milling indus.
try there. Describing the conversion
of woods and farms into a centre of
manufacturing activity as showing
what cotton inills Will do for a town.
The letter says: ’ -
"The houses for the operatives are
frame structures designed for both
health and comfort, and are in every
instance neatly painted. They are laid
oil' in regular blocks, each fronting on
a street, and have a liberal back-yard
and garden plot to each 'house. In all
these operatives’ villages the spires of
one or more churches kre to be seen.
School and library facilities are also
provided. The families dress neatly,
live comfortably and are satisfied with
life.”
A letter from Augusta describes the
cotton mill industry in the Horse Creeg
Valley near Graniteville, S< C., an J
says;
“While cotton manu’factuiUnig has
been more or less depressed throughout
the world, these mills have gone" on
continually enlarging, and in the mean
time have paid their regular divivends
without intermission. The Graniteville
mills’ last annual statement is a most
gratifying showing of good manage
ment and prosperity. The Langley and
Aiken mills, under one management,
have enlarged to the full capacity of
their water cower. With their great
batteries of modern looms, with the
Northrop attachment, they are destin
ed to silence mills of less favorable lo
cation that employ effete methods and
out-of-date machinery. If new mills
are built on Horse Creek, or further en-
Jeiilcs. per 30 th bucket.. Jo
Jellies, 5-lb buckets pec dozen ,2 06
Preserves, 30-lb buckets 1 so
Candy (mixed) per »>-»■ pall 6 I.J
Candy per 1b.... 12 1-3
Butter, Elgin creamery 2li
Butter, Tennessee 154118
Cheese
Chickens, fryers ~ls@)lt>
Hens 2%f25
Lemons, fancy, 360 per box 5 00
Lemons, choice, 30 per box 4 25a4 50
Navy beans, per bushel 1 50
Lima beans, per 1b.... 4
Stick candy, per 1b..-, 6 1-3
Dates, per lb
Prunes ...7
Nuts (mixed), per 1b.... 10
Peanuts (North Carolina) per 1b....4 1-2
Peanuts (Va. handplckedi per lb ..s®«
Peas (Crowder) per bushel 7»
Peas (Lady) per bushel 1 00
Green cabbage $2 25
Potatoes, new, No. 1 32 75
Onions, per barrel 3 2a
Peaches per crate 7b
Pineapples, per crate 32 00a2 50
Grapes, 101 b baskets 35
AUGUSTA GRAIN AND PROVISION
Augusta, Ga„ July 20, 1898.
Markets all small fraction higher to
day. Flour Is specially strong.
Oats, white, sacked ... so
Oats, mixed, sacked 35
Corn, white, sacked 55
Corn, mixed, sacked ~,..42 j
Meal, bolted, per bushel 52:
Pearl grits’, per barrel 2 60(02 70
Flour, common 3 so
Flour, extra fancy 4 001/4 15
Flour, second patent ............4 25
Flour, standard patent 4 75
Flour, fancy patent 5 (8)1x5 25
Wheat bran, 1001 b sacks «(>
Fine feed, 1001 b sacks ou
Hay, native, per ton 9 M'ii 12 w
Hay, Timothy, j*er ton 14 00
Hay, choice, per ton 17 00
Hams—choice sugar cured ift&ll 1-2
Smoked rib sides 7
Dry salt sides ...6 1-2
Lard, pure leaf, in tierces 6 1-2
Lard, kettle rendered, in tierces 7
Sugar, granulated 5 b-8
Sugar, Empire A 19
Sugar, white extra C 5 1-8
Roasted coffee (packages) “Lion”..lo to
P.oasted coffee (packages) Arbuckle«
and Levering i .11 10
■UGBGE’SSM
il MKMHS
Candidate Feartheratone’s Replies
to Pointed Criticism.
GEN WATTS AND COL. FLOYD.
Candidates for Adjutant General
Threaten to Annihilate Each Other.
Candidate Watson Debs Up With
Vigorous Attack Upon Prohibit
ionists.
Camden, S. C., July 21.—(Special.)—
Classic Camden entertained the cam
paigners today. This is a historic place,
fraught with memories of church, of
state and of war. Within a few blocks
of the meeting place, in Hampton park,
is Hobkirk hill, where Greene defeated
the British, and a few miles off in the
field where Gates met with inglorious
defeat by the ragged Confederates.
This is the home of Colonel Floyd,
who is running against Adjutant Gen
eral Watts, the former a one-armed
Confederate. The two became engaged
in an altercation, in which Floyd, who
is an orator of unusual ability, declared
Watts “stooped low” in his references
to him. Watts warned Floyd that iie
must keep a Confederate soldier's place.
Floyd said that Watts, instead of
discussing military matters, was dodg
ing and throwing mud. He had con
tempt for such a course, and as he sat
down he remarked to Watts that if he
threw any more mud at him he would
knock him down.
Watts replied that two could play at
that game.
Uncle George Tillman prodded the
prohibitionists. He said the rabid ones
drank coffee and tea strong enough to
give an alligator tie shakes, and be
cause a few men couldn’t control their
own appetites they wanted to put
straight jackets on the rest of creation.
Colonel Watson also jumped on the
prohibitionists, declaring that there had
already been enough lying' in South
Carolina, and prohibition would in
crease it ten-fold.
Prohibition Candidate Featherstone
was glad his opponents had assailed his
position, as it was a straw showing how
the wind blew. He replied vigorously
and cried "Lay on, McDuff,” that he
feared nobody.
There were 25 other speakers.
The sundews are really carnivorous
plants. Their leaves are covered with
bristles, each having on its tip a drop
of glutinous liquid. When an insect
•touches a leaf he is caught and held by
the glue, and the leaf gradually closes
over him, smothering him to death. His
iKoly is then dissolved and digested by
the plant.
THE FAKE BOMBARDMENT.
He sat within his littered den.
And started up the guns,
He had ’em firing heavy shells
And solid shots in tons.
The sky was draped with horrid smoke,
It liung above the town,
And every minute with a crash
The walls come tumbling down.
And then he heard a newsboy yell.
It made him stop and cough.
He dropped his faking with a rush—
The shooting was called off.
Cleveland Plain Dealer.
——— r— ——
largement takes place, the additional
power required will have to be derived
either from ©team or from the develop
ment o's the neighboring shoals of the
Savannah by electrical transmission.
With our widening destiny and the ac
quisition of a vast expanse of new ter
ritory, with the expansion of commerce
that must result at conclusion of the
war with Spain and the brisk deman i
for American products and manufac
tures, it is probable that the prosperity
of these mills will be greatly' augment
ed and that their increase will be both
judicious and desirable.”
Os the new enterprises announced for
the week by the Manufacturers’ Rec
ord, the following are the most impor
tant: Twenty thousand dollar cotton
seed oil mill, $16,000 flour and meal mill,
100,090-feet capacity saw mill, $10,009
municipal electric plant and coke plant
in Alabama; extensive water power de
velopment project in Arkansas, $50,0'")
building company and large sugar mid
in Florida; 10-ton ice ’factory in Geor
gia; $75,000 oil refinery, soap factory
and ice factory and $7,500 drug com
pany in Kentucky; $200,000 sugar re
finery, $200,000 dry docks, etc., in
Louisiana; $5,000 machine company in
■Maryland; SIOO,OOO cotton seed oil mill,
soap factory, etc., in Mississippi; 6,000-
spindle and 300-loom addition to cotton
mill, 4,000-spindle addition -to cotton
mill, coke plant and coal mining plant
to develop 1,575 acres <>f land by Pertn
sylvania parties and 25,000 lumber
company in North Karolina; develop
ment bf 1,000 horse-power from shoals
and transmission by electricity; 5,u09
spindle addition to cotton mill in
South Carolina; iron foundry in Ten
nessee; 150,000-feet capacity saw mill,
$15,000 oil well company, SIO,OOO ginnling
company, 100-ton cofton seed oil mill,
company to develop 12,‘l .0 acre© of cop
per deposits, $50,000 compress company
in Texas; $1,000,000 dry dock, etc., in
Virginia; $50,000 lumber company and
two SIOO,OOO colliery company in West
VUrginfa. Among the new buildings are
a hotel at Appomattox, Va.; $500,000
office building at Baltimore, Aid., two
hotels at Washington, Ga.; SIOO,OOO
church at Louisville, Ky.; $12,000 school
at Louisville. Ky.; $50,000 warehouse at
Baltimore, Md.; hotel at Roanoke, Va.,
$70,000 car barn at Baltimore, Ma.; $25,-
000 building at Dallas, Texas; SIO,OOO
school at Roanoke, Va., and $10,050
school at Wadley, Ga.
Mr. J. M. Barrie led his eleven to
victory on the cricket field at Turn
bridge Wells recently. Mme. Navarro,
better known as Miss Mary Anderson,
was on the ground all day and enter
tained the artists and men of letters
who batted under Air. Barrie’s cap
taincy.
/fDIME savings bank%
h AUGUSTA, GA.
KISS
SMJS (If SOUS
I1 TIME
New Constitution Adopted After
Considerable Discussion Ra- (
stricting Number.
SONS SOLDIERS ELLIGIBLE
Father Must Be Veteran in Strict
Sense of Word to Entitle One to
Membership—Motion to Abrogate
That Section Voted Town After
Lively Debate-
Atlanta, July 21.—The Sons of Con
federate VeLamia met in tile senaid
chamber at 9:'l‘) o'clock. The meeting
was held for the purpose of adopting a
revised constitution, in lieu of the one
adopted at Richmond two years ago.
It was decided tL.it only sons of vet
erans are eligible f.ir membership in
the organization. Thor-: was no ob
jection to any sci 'Lm of the constitu
tion until that cowi rniii,' tii • eligibility
for ni'-mm rsliip was r -.id, an 1 a motion;
made t > adopt it as a. wliole.
The s-otion provid 1 Unit no one
shoul I in- a m nine ■ of tin- f>- leratl-on
who was 11 -t a «iii ilcs-emlent of an
active ni'-nil 1 ;■ nf the Confederate army
or navy, or who was killed in war, serv
ed thriei-.-li th ■ war or v. :.is honorably
discharged.
Mr. T. W. Ki.of Athens, asked if
'that excluded those . n.' of no n who
served the Coni •:: y in any otheil
capacity ether than in the army oB
wavy, he was told by the ch Urman tlnifi
it did, uni it brought 011 the discussion.
An amendment was offer' •! allowing)
all sons of those s, rving the C'onfed.-
earcy, whether in actual war or other
wise to be eligible fin- mi ml rship.
Mr. R. L. I>. M.'-A'listi r, of Atlanta,
said that, under a strict con»tru'ctioi|
of the section. <1- - nd--nt of Benjamin
H. Hili. Jefferson Davis and others!
would be excluded from membership.
He said he thought the amendment
should be adopted.
Mr. JI. N. Randolph s.iid that the asa
sociation was one parallel to the Con
federate veterans, and that, in that as
sociation, no one was allowed member
ship who bad net seen actual service.
While he said there were other trnrti who
did valliant service for Um Confederacy
in various ways, the word's veteran
meant one who had actually faced, tins
conflict and the rain of bullets.
Mr. R. W. Green, for .maMnhisecrelt,
Mr. R. AV. Gt 11. from Manchester,
Tenn., made .1 tillin'’- speech in favoo
of adopting the s ition, as it was origin
ally read. He said that while he sym
pathized with those whose fathers had
served the Confed rid y. honorably in
various way.; oth-r than by actual ser
vice in tin ■•■"• my. h did not-see how the
meaning th • word, veteran could bq
extended to include any of them.
Several sic •••lies were made favoring)
the adoption of the amendment, but
when the motion was put it was voted
down and laid on the table.
Tlie original section was adopted, re
straining th<‘ membershiii 'to sons of
veterans, and a< "pled the revised con
stitution without change.
COURT AT LAURENS.
Several Homicides ami Dispensary
Cases to Be Disposed Os.
Laurens, S. C., July 21.—(Special.)—«
I Court is in session, Judge Klugh pre
| siding, fl’lie docket is very heavy with
homicides, violations of the dispensary
law and minor offenses. A sensational
[incident happened here on Wednesday
night. An oi l colored negro preacher
named Paul Mioore, on his way to his
home in Clinton, was overtaken by
three prominent white men of this coun
ty and thrashed within an inch of tris
life. Messrs. Jack Davis, John B. Da
vis and Wash Hunter were promptly
indicted for this offense by Solicitor
Sease and the grand jury reported a.
true bill against them.
Moore, it is stated, was a prominent
•witness in a case of the state against
Lee Hunter, Jeff Kinard and Bill Simp
son, which had been continued till next
court He is a negro leader and has
been actively engaged for some time in.
stirring them up against the whites
and, in fact, has caused some to break
their contracts. He was given notice
not to attend court as it would - not gu
well with him. He said he came in or
der to see that his color got justice.
Court will adjourn today.
MAYFLOWER TAKES |
BRITISH STEAMER.
Was Heading Into Cienfuegos With Pro
visions—Conditions in Cuba Growing
Worse.
Key West. July 21. —The British steamer
Newfoundland, loaded with food supplies,
was captured by the Mayflower on Tues
day, off Cienfuegos. into which harbor
she was heading. Two blank shots across
her bows brought her to, and -the May
flower put a prize crew on board of her
and sent her in: > Charleston. The New
foundland left Halifax, N. S., on July 9.
The Mayflower has on board five Cu
bans, who were picked up at various,
times by the ships of the blockading)
fleet. They had fled from Havana and
other Cuban ports to escape starvation, as*
the condition of affairs ashore in Cubtu
grows worse -daily.
W. E. Henley, one of the most con
spicuous journalists in London and alsc»
a poet of no mean ability, has beer*
honored by the British government
with a -pension of SI,OOO a year. A Tike
sum was allotted to Tennyson in 1845 ,
and the late poet laureate dived l
draw it forty-seven times. .<
7