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THE MACON TELEGRAPH: WEDNESDAY MORNTKG, JULY 27. 1004.
MACON BROKERAGE CO.
STOCKS, COTTON, GRAIN
418-420 Cherry st. 'Phone 533
Chamber of Commerce Building
Correspondent** of
THE O’DELL COMPANY.
Incorporated. Capitol $200,000.00
Cincinnati, O.
Quickest service In the South. We
Invite comparison. No Interest charged
on Stocks, All orders placed direct with
the O’Dell Company, assuring prompt
and careful atetntlon.
References—The Exchange Bank ana
the American National Bank, Macon,Oa-
COTTON MARKET
BARELY STEADY
At a Decline of 2 to 5 Points
on Lower Cables
BANKS.
E. Y. MALLARY, J- J. COBB,
President. Cn.hier.
W. P. WHEELER, Asst. Cashier.
Commercial and
Savings Bank
MACON, GA.
FAVORABLE CROr NEWS
The Weekly Bureau Report Acknowl
edged a Very Favorable Showing.
Aside From Certain Sectional Draw
backs—A Southern Paper Published
a monthly Report on -Conditions in j
Texaa and Indian Territory Showing
Good Crop Conditions.
ry to human nature not to lie btaf-d
Therefor**, If nn> d.imag*.' takes place, we
won't hear of it first from cotton men In
the South Now, th*.* weekiv report to
day ?.»>* boll weevil Ip over In two
parish* * In Louisiana. Why has not thot
news «-ome out before? There v no doubt
some arc ovordolng the B on 'l crop reports.
They are by comparison with two or three
very bad years There Is the boll weevil
yet to bo reckoned with. The whole
month of August vicissitudes h ive to be
encouraged and there i» after all. the
nno.-vion ot frost, which would readily
mean 750.000 bale*
cotton. There la •
the phort hide fo
Ware & Leland,
CHICAGO-NEW YORK
Commission Brokers
Cotton
Graii
Stocks
ent.
Macon Brokerage Co.'a Cotton Letter.
NEW YORK, Jul> :•'* Cotton futures
In the local market toda> opened barely
steady in tone with first price* steady at
a decllno of 1 to 5 points Phis ruling
was responsive to less favorable cables
it,.in K«‘i<ernU\ looked for, while on the
other hand the weather conditions were
unite fa v*>ral>I*\ .. • *1 11 nr t!!' 11 . *r«>p
Information was satisfactory. The w***k-
inent report attracted relatively
LIVERPOOL spots closed
NEW YORK speta closed
NEW ORLEANS spots closed.
....6.08
...10.70
.10 9-16
Each year in the Bank’s history has
shown an Increase In Surplus, Depos
its and Cash Resources.
Every accommodation granted de
positors consistent with conservative
banking.
Union Savings Bank
and Trust Company
MACON, GEORGIA.
Safety Deposit Boxes For Rent.
J. W. CABAN I3S, President.
C. M. ORR, Car.hier.
O. H. CABAN ISS, Accountant.
Capital $200,000.
Surplus $30,000
..Interest paid on deposits. Economy
Is the road to wealth. .Deposit your
savings and they will be increased by
Interest. .Compounded semi-annually.
„ THE LOCAL MARKET.
MACON. July 26.—Messrs. Holmes &
Hardeman sold today 35 boles of cotton
to a local mill. Price uround 10He.
opened barely steady at a do.Mine of
vices, notably a monthly report on the
condition In Toxa« and Indian Territory
p'l* lbh* *l in .i s*>'ifh<*rn paper and the
favorable character of tho weather map.
At first there whs some demand her** tor
August from a couple of large door brok
ers and that position, following the call,
was run up to 10.22, but the demand
from this source was soon filled and the
list which In the first few mlnutt s, had
show steadiness In sympathy with tho
near positions and as n result of cover
ing eased off to n net decline of about 7
to in points Later the
creased a couple of points or so. when tho
weekly bureau report was published, ac
knowledging '"r> f:i\ *r sl-.o-v mil:.
aside from certain sectional drawbacks
but after midday the market recovered
few points on covering, and in the Into
ather condl
lailtifnctory. It
in* opening and
sectlo^
Tho
favo:
S* it It west * rn
_ _is a whole was
but the market
respond appreciably to this feat
ure. However, the selling v;a.* not very
aggressiv* on »!,*• .lip- • -ft «••. «h*'rta
were Inclined iO cover on a moderate*
seal**. August cotton was well bought at
times ro<*in tnnl.ts being tb»«- activ, hid
Offerings of the more active monti
ments. and there
ness os the da;
belief that inn!
u *■!•■■ ii.'Mim •!
against 3.602
arle
Ml tnoHppp
periods of quiet-
which led to the
i estimated L_ ..—
les last week and 41U
l-’cr the week they wero
J.M. JOHNSTON, n. J. TAYLOR.
President. Vico-PreaidonL
L. P. HILLYER, Cashier.
OSCAR E. DOOLY, Asst. Cashier.
American National Bank
MACON, GEORGIA.
UNITED STATES DEPOSITARY.
Capital $250,000.00
Stockholders’ Liability $250,000.00
Surplus $125,000.00
Undivided Profits » 25,000.00
DIRECTORS.
J. M. Johnston, Stephen Popper,
R. J. Taylor, C. A. Turner,
W. M. Johnston, E. J. Willingham,
Gen. Robt. Ober. !L A. Merritt.
You cannot do better than put your
account with the American National
Rank. Call on, or address
L. P. HILLYER, Caahier.
be trading for lower Wail street inter
ests buying on very soft spots. The close
was steady, net 10 to 12 pof ’ * u *
largest declines being on t... .
tioju. Sill*** wero estimated It 7.'.."'")
•celnts of cotton at the ports today
j 1,825 bales against 3,602 bales ' ~*
week and 416 bales last year. i-or
the week 15,000 bales against 16,160 bales
Inst week and 1,376 bales last year. To
day's receipts nt New Orleans were 365
balsa against 377 bales last year, and at
Houston G bales against — Inst year.
The Ports.
Exchange Bank
OF MACON. GA.
STATE DEPOSITORY.
J. W. CABAN ISS. President.
C. M. ORR. Cashier.
DIRECTORS:
I. W. Caban .
W. R. Rogers,
A. L. Adams,
A, D. Schofield,
M. H. Taylor,
W. D. Lamar.
N. B. Corbin,
J. H. Williams.
6am tviayer,
T. C. Burke.
This Today Today Today
wk. last wk.
Saturday
Monday
Tuesday .
2.016
1,825
Receipts and Exports. Today. Week.
Consolidated net receipts..
Exports to Great Britain..
Exports to continent......
Exports to Mexico —-——•
Stock on hand all ports....126,115
Since September 1, 1903—
ciidy and dull
HmlIHRPmPliRlV small del
._nd and limited offerings.
Hubbard Bros. A Co.’s Cotton Letter.
NEW Y»R!K .T’llv .’6 -Mir market
I sales of December at O.B 1 "
l, and after selling nt !t.G«
PVH at 1 l> in. Tim m irketl■
uggish and dull during the for* 1 -
buylng
g In attempt
sharp dsclli
Member*—*
Chicago Board of Trade,
New York t'otton Exchange
New York Coffee Exchange
New Orleans Cotton Exchange
St. Lotus Merchants’ Exchange
Milwaukee Chamber of Commerc
Private Wires to Principal Points
New York Office Macon Office
51 Wal! st. 415 Fourth st.
Hb SOUTHERI
SCHEDULES Or TRAINS INTO AND OUT OK MACON. GEORGIA,
In Effect July 17. 1'04.
The rash operations
bushels greater than the porn
at the present time. It hud the elTcrt of
causing some selling In the Bout!
“ SI
The slat - .....
expected, the decrease In tho world
vUlbh* siipplj attracting but little
to easiness as n result
r < •' 'litl'.i * nithotigh
there were :nmpir»p!ls
nights In the central
COACHES
CHANGE!
SLEEPERS.
O to ' aVlanta, carrYes'n'ice i
DAY COACHES AND PULL
MAN OBSERVATION CAR I
(SEAT RATE TO ATLANTA 25 CTS )
TO NEW YORK VIA WASHINGTON.
BALTIMORE and PHILADELPHIA.
Departures Going South
A. M. THROUGH TRAIN TC
JACKSONVILLE. CARRYING
DAN COACHES WITHOUT
CHANGE; ALSO PULLMAN
THIS TRAIN ALSO CAR-
LLMAN SLEEPER TO
BRUNSWICK.
1.35
P. M.. THROUGH TRAIN MA
CON TO CHATTANOOGA. CAR-
M.& B. RY.
Local and Through Schedules.
ud Line Streets.
STATIONS.
Sofke,-
Ski
ArlA M P M
Macon U lb 3 45
" *' . 10 52 3 25
. 10 42 3 16
. 10 34 3 16
. 10 24 3 01
10 12 3 52
.'10 05 8 46
. 9 66' II 37
. 9 42' t 26
.' 3 281 ft 14
.! 9 13 8 02
. 8 r.S 7 60
. S 37, 7 3*
ft 2«> 7 24
:: to:::
Montpelier .
. Morans • ■
... Dyas
. Culloden -•
YatesvlUe .
.. I’pson ...
Thomnnton
TRAIN FOR JACKSONVILLE.
7,30!
local train from
MACON TO ATLANTA. CAR
RIES NICE DAY COACHES
ALSO PULLMAN SLEEPER FROM MA
CON TO ASHEVILLE, N. C.. an'
' 7.201
.. LOCAL TRAIN MACON
HAWKlNSVILLF., MAK*
ING ALL STOPS.
ELEGANT SOUTHERN RAILWAY DIN INQ CAMS. ALL THROUGH TRAINS.
Illinois i
l*ear|s»i ulid tills oneMUi\»g.-d tl>*
although the latter were not i
Arrival of ^
So. Ry. Trains (
-Jfft 7 from Hat
hcvtlle end .\tlmtn
the
nt the <*v***nli
followed by i
tlon, and a moderate
b'ii • .iu rapt at wa
indicating the early nppfoarh of
th.it i ■<»-1
of busl-
Ute. the
nernlly favc
ig the early spi
. . fees continued
have declined but for the .. .
r.oss and the unwillingness of the.trade
to sell. This can hardly be expected
to last of prospects continue aa brilliant
ns at present.
NEW YORK STOCK LETTER.
NEW YORK. July 20 - Speculative con
fidence wns sensibly shaken by the action
of today's stock market, which gave tho
first Indications of urgent liquidation
since the recent rise
up to, thla time the
T .. of
| __ waiting at
titude "by "the'professional operators who
l.nil fnllnnpil the advance.
esalve in
la11vo tactics
ps*-ty. The receipts were quits liberal,
and the contract slocks for the week
showed nn increase. The statistics lu the
main were without fresh feature The
weekb government report wns given a
rather favorable interpretation.
Oats were nutte sympathetic, and the
market showed a rather ••isy tone The
crop news was quite favorable ana' coun-
offerlngs were more llbeml. The
trade wns slow, and tha statistics
mil) met expeetatl
i confined to the small'
CHICAGO. July 26.—A Mg advance at
I’m Is ).i*1 i llmniming effect on wheat
prices hf*r«* t-> I iv At lit*
1 IT. Depot Ticket Agent.
J. W. JAMISON, City Ticket Agent. O.
JAMES FREEMAN. Trav. Pus. AL — -. —
CITY TICKET AND PASSENGER OFFICE. C67 CHERRY STREET.
TELEPHONE 42 4.
Georgia Southern
and Florida Railway,
Hpgs . Lvl 7 60 6 16
Odesssdsle .... 7 32 ....»
Mountvlllc ... .| 7 22 ....•
Robert* »n .... 7 11
. I,arrange ..Lvl 7 00'
A M|
32 dally: Nos. 35 and If
Additional Train Service.—Tr
Warm Springs' Special.
was Inaugurated,
tlou of the market
show a firm undertone.
evident culmination
the rise and the adoption of
has all be
after the
Consolidated receipts
Exports to Great Britain....
Exports to Franco
Exports to continent
Exports to Japnn
Exporta to Mexico
Receipts. Shipments, Sales, Stocks.
i Price.IRects !8ales.| Stck.
We solicit tha business of mer
chants, planter* and banks, offering
them courtosy, promptness, safety,
and liberality. The largest
and surplu- of any bang ii
Georgia.
oapital
Middle
Boston . . . .lip.80
Wilmington . ,1
Philadelphia 110.95
New Orlonns ..10 9-16
Mobile 10’4
Memphis . . ,110 ^
New York ....110.70
Money to Lend on
Real Estate;
Woll Tatod commerical paper
and very low rates on Mar
ketable securities.
Macon Sayings Bank,
570 MULBERRY 3TREET.
<V!a Georgia Ballrona and Atlantlo Coast
Line.)
Effective Jan. Id. 1904.
Lv Camak ...| 11 41a| 7 04p
(Central time)
Ar Augusta ...
(Kast'n time)
£v Augusta ...
Lv Fnyet'vllie.
Ar Petersburg
Ar Richmond ..|
Ar Washington.
Ar Baltimore..I 9 0Sa(.
Ar Pnl!adelf>h!a| 21 2.7a
Ar New York..I 2 63pi
•Dally. ISunday only. jDally except
W. C. RAGIN. Sol. Aat.
New York Cottpn Future*.
NEW YORK. July 26—Cotton futures
Opened barely steady and closed steady.
Open. High. Low. Cloa.
January ....
February ...
March
... 9.50 0.63 9.66 9.61-62
;;; HI i*T«7 iTi)? 9; 65*6#
July
August
September . .
October
November ..
...10.24 10.24 10.15 1*1.20*25
...10.15 10.22 10.06 10.10-12
... 9.*2 9.84 9.77 9.R3-M4
... 9.61 P.65 9.56 9.62-68
... —~ 0.67 9.57 9.56-57
.... 9.58 9.61 9.53 9.58-59
Ppot cotton dosed quiet, 10 points low-
H Ml TMtsrdsr
seemed to have most effect, although
they were apparently mitigated today. A
retrospect of the common Inferences to
be drawn from yesterday'-
sterling exchange,
] discount
wheat tuoinvi v.. ~ —»- -i
to the minds of operators In stockn. ul
though tho sterling maraet wns quieter
odny wheat opened easier anil tho I-o
on discount market wax moro acttled
Navartheless. grave foara wore felt that
the Anglo-Russlan friction might fwuo
in some overt act that would stnrt
International conllagratlon In Europe,
widespread Influence was exerted both lu
tho wheat and stock market* bj- nn al
leged eatlmr^e by J. J. Bill of only .>60.-
OhlaT.kTrn*. pf I I4V4 American
l( aAiSi.UuU. 7414 I nulled States..
Chic.A* I Well* Fargo
•ithern .... 14i<{ ' Amalsm’d.O.p^r
COL Bo. 1st. pf*I... 4*) Ac).Car Foundry.
3i*i, sfd..,1?K ; A*e.Cer Vdry.pfd
bei. k Hu lion...
Dol.Jdok.-ifait
Oan»«r-IL Grand*
Oenf*r-lLO. pM
middling uplands 10.70; middling gulf Krlolat pM
10.95; sales 25 hales.
New Orleans Cotton Futures.
her 9.39a40; Jsnunry 9.45a46.
Llverncol Cotton Futures.
LIVERPOOL. July 14.—Mode rat
ness done In spot cotton; prices i
inwnr' American middling 6.Old ; low
good ordinary 6.70d.; or
dinary 5.60d. Tho sales of tho day wore
American. Receipts wore 3,000
hales. Including 1,600 bales American.
Futures opened quiet with tho near
Jan.-Feb. .
Feb -March
Morch-Aprll
June-July .
July-Aug. .
Aug.-Rcpt.
Sept.-Oct, .
Oct.-Nov.
Hocking Valley.
'■eking Va1.pt 1
llllnnla Oat,...
_ MraCont.......
low a Cent. pM.
Haas. City H* .. .
Kano. City Be.pfd. 41V*
LoulsvlHa-Naabv.ll*44
Xaobatjan
-Dec,
ARRIVAL AND DEPARTURE OF
ALL TRAIN3 IN MACON.
Georgia Railroad.
I ISpJtS 55a'2S 15r.
Camak .jt 5 lSplt 3 lf,p
ieortjja So
Southern & Florida R’v
L i ■lfc±
For PElatka ..j 11 $"Hl 12 4Cal L..,
Frir Fal > tk i . 8 40af 4 lSpl
Fct VsModa .1 4 t. L„
Fro r. Valfta .! 11 X%l | U-
*'l*»20qj.
.1 *9daf i
ill* *»*»..
Central of G-ocgf^ RaHwav.
Minn.I 4 15.1 f IJ^i 1 Idp* 4 llpt.
Vtlan ! 4 0O® l»HW»l, ! TMp'l
Savannah.. 11 25a*12 55aj j.
Savannah..! 3 2lar 114p’.„.,,l.
Mllledgevlllo
: r> | m
ii r*>» i
ngkam Railway.
ii. s*v«i. u «u i
>1 H H ka H M.ptd.m
Missouri P*3. ... «'■; Intrn. I’urnp ...
Mlseo irt. R. -T.... IT*4 i Intrn Pump pM
Mlas<)*irt,K.-T.pM M National T^.vl
Mexican*Central, ujj ; North Ani»rlo*a.
tiat It a. of Met.. . I'h.-i0- Mall.
.It.It.of Jlox.pM, 96!J ' pao
New Orlsans Cotton Letter.
NEW ORLEANS. Julr 26 —The spot
cotton market continues quiet. The sup
ply wag light, demand limited and prle->
opened quiet with prices
quickly
||P^PMiP^PPOTor late, and
undertone of th* market was hardly
Ian steady ns It has bean. Liverpool was
I «li- appointing n* it wsb about 3 f-olnls
1 lower than expected at the time of the
opr r.I'-g nf the local market. Home
I I ness was felt over the H ■■■
and these traders who were hulllshly
: bylihorti, and stead*
H report
than was generally expected,
some little covering I ‘
lad prices up. Thu - .
what better than was expected - 1
made much of the statement contained
In It that boll weevil had aMMtftdm
two parishes In Louisiana, but this In
formation was too old to influence the.
market, and the ring was a* dull after
•ha reading of th* report aa It wia be
at 10.U: October lost 8 point
and recovered to 9.41. Th
quiet. H* 1 lo*?** were:
COTTON REGION BULLETIN
[he Twentv-Four
at s oo a. m
temperature baa remained about
tarv In all districts of the cotton