Newspaper Page Text
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TIIF. MACOX TELEGRAPH : FRIDAY MORNING, AUGUST 26, 1904.
COTTON.
NF.W YORK. Aligns
In following the resuli
gatlon by mo into
of the cotton crop ;*s
August 20th. 1904. I lia
COTTON MARKET
IVAS EXCITED
pool Cotton Fu
Lrlaod
Ang. 2A
1 s\ mpathy
’» Grain Letter.
-^Thorr was a small
with decline
Oil
1 1.153
cotto
xlucing
«. which last year’s
products have about SO per cent of the
entire crop. The estimated average
conditions us reported by my corres
pondence is 76 ns against 91.S reported
by my correspondents ns of the same
date last month, and 91.6 as reported
by the agricultural department as of
the date of July 25, 1904. The Indicat
ed total production, assuming the real
ization at maturity of the presert crop
prospects, is 10,572.851, us against an
indicated total production, as reported
by my correspondents on the 20th of
July, of $12,027,951. The details of the
conditions and the indicated production
by states for this month, last month
and the government report of last
month are as follows. My report as of
August 20, 1904.
The Fact Was That Although the Mar
ket Closed at an Advance of 20 to
26 Points on the Day’s Transactions,
There Was a Reactionary Tendency.
All Months Near to the Eleven Cent
Mark, With September Above It.
LIVERPOOL spots closed ,
EW YORK spots closed
EW ORLEANS spots colsed.
Ind.
produc.
No. of
plies.
of states^
on base Pres
coun. condi.
report. Prct,
Arkansas . 144
Florida ... 13
235
Ind. Tei
|0
1,097,163
735.327
56.681
1,156.614
T.HE LOCAL MARKET.
The Macon market showed light cotton
4pta yeeterdny. There was a good
demand and all desirable offerings were
taken at the regular market figures. The
receipts for the day were 27 bales, the
shipment's 24 bales, und the sules were 40
baleB.
Louisiana .
Miss 126
N. Caro... 107
Oklahoma . 74
S. Saro.... 119
Tcnn. ..... 65
Texas .... 409
Missouri,
Virginia.
869,312 79.3
1.437.094 75.9
56 80.5
173 88.5
basis of
Total ...L575
1890-01.
19.469,617
1900-01. lOyrs. 1904-05.
26,o57.1S0 fl.6 31,731.000 '63
Rural Population (presumably Agrlcultul.)
New York Cotton Letter.
NEW YORK, Aug. 25—The cotton mar
ket had another active and excited session
today. At first there was rather a reac
tionary tendency, owing to lower cables
and continued favorable weather, but lat
er in the session there was another wild
weak at a uecline of 30
its on September and 1$ to 16 points
the later positions, or just about as
due on the cables, which reflected a much
market in Liverpool than had been
anticipated, ns a result, it was stated
>y private advices of the elimination of
he short Interest and heavy American
selling.
But sentiment here was very feverish,
and while the South seemed to bo Celling
more or less freely through various wire
houses, thero was a renewal of bull sup
port, and soon after the opening the Ini
tial losses were regained. But further
fluctuations were very irregular. It was
rumored that some of the bulls had sold
and at times there was considerable press-
ngainst the market, leading to several
__,j fn prices that earned UM M k to
about the opening figures.
My report ns
Replies. Coun.
of July 20, 1904:
Ind. prod.
.1903-04: *20_pc. J85_pc.
B14*S,7M
794,881
63,704
1,493,669
931.522
332,410
3.138,274
524 12,027,^31
86.8
99.3-
91.0
t 92.4
91.9
93.0
91.0
93.6
90.4
Va.
91.0
91.8
•Issued July 27, on conditions. Jgovenv
ment report issued on August 3 on com
dltlon.
railing Active anti Prides
Greatly Advanced
ARIBTY OF OPINION
Open. High. Low. Clos.
M i> -June
July-Aug.
Aug.-Sept.
.11'/
...6.60 6.66
6.30
6.11
6.86
5.78
.6.73
6.69
5.60
5.64
6.62
6.60
,nld f«
5.67
5.67
6.27
eceiv ...
s of September dellv
ge. and a 1th advances
vor accepting profits
selling at the start,
New Orleans
It will be noticed that Inst month my
correspondents, under date of July 20,
reported an average condition within
2-10 of 1 per cent, of the government
report, an average of the entire belt,
and the conditions by states my cor
" respondents and the government were
closely in accord.
From the foregoing figures, it will be
admitted thflt all prospects of a bumper
cotton crop In the South for the com'
lng year must be abandoned, and that
for thfe fifth consecutive season the
world Is confronted with an Insuffl
ciency In Its cotton supply. Various
reasons nre assigned for the deteriora
tion which has so invariably, set in dur
ing the final months of the plants de
veloped for the past five years. U
questionably the first In Importance
the boll weevil, which now infests two
thirds of the cotton acreage in Texas
the Impairment of the seed, the ex
hnustion of the land the Insufficiency
of labor nre other theories upon which
five successive crop failures may
explained.
It Is possible that the seed impair
ment theory has a basis of truth,
is probable that the exhaustion of the
land has not been counter-balances by
the use oT fertilizer, but the operation
of neither of these Influences is capa
ble of statistical proof. There can
no question, however, as to the Insuffl
ciency of labor, and I submit the fol
lowing facts us a sufficient explanation
of the growing disparity between the
acreage und cotton production of the
Southern states:
These figures are based upon the
census returns of 1900. The nverage
annual increase In the population for
the decade hnvlng been applied to the
figures of 1900 In order to approximate
the facts of 1904. Population and cot
ton acreage Southern states urban pop
ulation in towns of 4,000 or over 3,000,
presumably non-agricuturnl:
1890, 2.813,107: 1900, 4,169.325; in
crease 10 years. 44.8; Indicated 1904,
4,737,458; increase 14 years, 64.8 per
cent.
'Total negro population, urban and
rural districts obtainable:
1890, 2,873,107; 1900, 4.1.159.328; In
crease 10 years, 18 per cent; indicated
1904, 7,633,385; increase 14 years, 24.3
per cent.
These figures show that In the past
fourteen years the cotton acreage of
the South has increased 63 per cent.,
while the rural population, white and
negro, has Increased only 25 per cent
It Is not practicable to determine Sfhat
proportion of the rural population of
the cotton states Is engaged in cotton
culture. In the years ending 1900. the
number of manufacturing establish
ments of the cotton states had in
creased from 36.334 In 1890 to 70.278 in
1904, or 93,4 per cent., und the capital
so employed hod Increased from 9402.-
823,310 to $793,875,163. or 97.1 per cent.
As the Increase in the manufacturing
Interests of the South has been rela
tively greater than that of the cotton
acreage, it Is probable that the dispro
portion between the rural population
available tor the culture of cotton and
the Increase in average is even greater
than the above figures Indicate. But.
assuming that one In five of the popu
lation is engaged in cotton culture,
which Jp a very liberal estimate, it
would appear that In 1890 1.469.000
acres of cotton were cultivated hy 2 -
620.000 people, or an average of H acres
per person; while in 1904. 31,731,000
acres must be cultivated by 3.298,000
. people, or an average a of n*
acres per persofl.
From this sfetement only'
•lips
‘*50Ut ,
Around midday, the market
paratlvely quiet, but showed a' pretty
steady undertone within a point or two
of last night’s figures, hence one or two
operators who have recently been heavy
sellers evidently Btartgd In to break the
and .... . _
the flurry of covering had run its course,
also became a free seller. But the cotton
was easily absorbed nnd bull, support
again became evident, leading to another
wild rush of covering that carried the
list up to a new high level for the move
ment. with September selling nt 11.01,
October nt 10.92, December nt 10.85, and
January nt 10.85, or net gains of about
20 to 26 points. This represented nn ad
vance from the low point since Inst Fri
day of about $6 per bale, or $600 a trading
taking by scattered longs, but was llnnl-
ry steady with August net unchanged
the other positions 10 to 18 points
.... .llghor. wales were estimated nt 650,-
000 bales. There was nothing in the news
of the afternoon to explain the advance,
which was attributed entirely to running
in of another large speculative short ac
count.
Receipts of cotton today at the ports
..ere 5.946 boles against 2,393 bales lmjt
week and 307 bales last year. For the
week 86.000 bales ngainst 14.032 bales Inst
week and 1.431 bales Inst year. Today’s
receipts nt New Orleans were 1,039 hales
compared with 213 boles- last year, nnd
nt Houston 3,682 bales against 69 bales
last year.
The Ports.
Sale* were 730
irrlve; delivered
Quotations ad-
iler condition of either
New York or Liverpool, but promptly sent
pricer- up- ITiyate dispatches reported
that heavy pront-taking by longs was
the cause of the declines in New York
and Liverpool. There was no “second
day story attached to yesterday’s sus
pension H. A. Puge & Co., and the gen
eral Impression was that tho firm was in
a position to enter Into active business
again shortly, on as favorable a' footing
as ever. The coming burenit report Is
a feature which will. In a few days, more
than overshadow every other factor in the
market. It will be fully as Important as
any report Issued by the department of
agriculture this season, and the market
will probably Ire In a nervous stnte until
It is out of the way. Many bulls claim
that the crop lias deteriorated 80 per cent,
since the last report on condition was
issued, while the bears claim that the de
terioration has not amounted to 10 per
cent. These decidedly mixed crop ac
counts coming from tno country are re
sponsible for the wide differences in op
erations. In the trading September opened
4 points higher at 10.50 and finally .sold
ut* to 10.88: December opened 7 points
higher at 10.42, sold up to 10.78, nnd
finally declined to 10.70. The market
was active throughout the session, closing
stendy. Net gnins were: August 1C
points; September 34, nnd tho other posi
tions each 35 points.
COTTON REGION DULLETIN.
the rlo:
boars, with i
age reports <
tion, tncre a
erles being \
appearing, v
on long who
but good sized rallies were brought about
on prospects of colder weather, also In
sympathy "
peels 11 v^lthough there was talk of frost
In the West tonight. Late In tho session
there wan a fierce attack on prices, local
bears selling May savagely, breaking it
under 50 cents, and encountering many
stop orde
‘For the Twenty-F6ur Hours Ending
at $:00 A. M.
Tho temperature is slightly lower in tno
Carolina* and Northeast Oeorgla and
has remained about stationary elsew*
except slightly warmer yesteday In
Kansas and Tennessee. It ranged
an average minimum of 66 degrees for
eleven stations In North Carolina to a
maximum of 96 degrees for .eighty-one
stntlons In Texas. Arkansas. Louisiana,
Mississippi, Oklahoma and Indlnn Terri
tory. Showers occurred In portions of
Texas. Loliisiann, Mississippi. Alabama,
South Carolina and South 'and West c&or-
gia. Heavy rains occurred nt Newnan
nnd Quitman. Gn.
JOHN R. WEEKS. Observer.
vhile
houses were fa
ying orders in all the
ipecially while shorts
i favorable crop
Ureal operators to quite
ones’ report, nnd there
allies, although they did
purchases being thrown
cavines* of corn towards
*d free selling by local
* : weak. Crop dnm-
-1 much atten-
Ware & Leland,
CHICAGO—NEW YORK
Cotton
Graii
Stocks
Membc rs—
Chicago Board of Trade.
New York Cotton Exchange
New York Offee Exchange
Now Orleans Cotton Exchange
6t. Louis Merchants’ Exchange
Milwaukee Chamber of Commerce
Private Wires to Principal Points
SOUTHERN
415 Fourth st.
lanche of loi
1th sentlrat
i soft
Oats were lower all around, both cash
and futures, rallies appearing but of short
duration, cash houses more than supply
ing the demand, while tho break in corn
• *-g feature. It would ap
pear as if lower prices would be forced.
Provisions—Estimated stock show but
little change, but prices turned heavy
all around In sympathy With corn, while
there was no outside demand. September
appears to bo more bearish ythan other
wise.
THE DRY GOODS MARKET.
NEW YORK. Aug. 25.--Buying shows
_ slight Improvement with a stronger
tone to prices for dry good*. The course
* *■ ——' material is not clarifying the
any. on the other hand, both
buyer und seller becoming more confused.
Jobbers’ store trade continue* to increase.
changes occurred in cotton seed oil and
nnd business was small. Including only
909 bales nt 29*4. Prime crude in barrels
f.o.h. mills 22H; prime summer yellow
284iia29*4; prime summer yellow nominal;
NAVAL STORES.
WILMINGTON, Aug. 25.—Spirits tur
pentine market, nothing doing; receipts
62 casks. Rosin firm at 2.80; reelpts 196.
Tar firm at 1.70; receipts 61. Crude tur
pentine firm at 2.25, 3.75 and 4.00; re
celbts 61.
SAVANNAH. Aug. 26.—Spirits turpen
tine market firm nt 6374 cents; receipts
647; sales 171; exports 252. Rosin firm;
receipts 3,413; sales 3.071; exports 1.201.
Closing, quote: A. B. C. 2.40; D. 2.45,
E. 2.47V4nS0: F. 2.52V<n55: O. 1.60*65; IT.
2.78n80: 1. 3.40: K. 3.C27i; M. 3.90; N\
4.05: Window Glass, 4.40; Wnter White,
4.62t£n67*4.
CHARLESTON. Aug. 23.™Spirits tur
pentine mnrkot firm at 33 rontsj_ sales
quote:
Rosin firm; sales
... A B. C. i.26: n. 2.30; E. 2.35:
*•. 2.40: O. 2.50: H. 2.65: I. 8.15: K,
3.87*4: M. 8.65: N, 3.80; Window Glass,
4.15; Wnter White, 4.42*4.
This Todny Today Today
wk. last wk. 1903. lUOl
Saturday ...
Monday ....
Tuesday ...
4.200 2,214
7.959 3.132
4,108 2.239
6,946 2,393
Receipts and Exports. Today. Week,
6,946
Exports to continent
Exports to Japan
Stock on hand all ports.... 91.396
25.2*6
1.5031
1.659
Since September 1. 1003—•
Consolidated receipt* 7.174.264
Exports to Great Britain 2,506.745
Exports to France...,. 699.133
Exports to continent 2,597.225
Exports to Jnnan 46.637
Exports to Mexico 27,942
Ware & Let.in cl’s Cotton Letter.
NEW YORK. Aug. 23 — While the mnr.
ket appeared to have halted for tho time
being, there wns not sufficient evidence
that the advance wns culminated to 1-nva
anything but a most nervous nnd Irreg
ular tono. The difference in the market
as compared with yesterday is shown In
tho fact that; when wo attempted to ex
ecute a buying order for 1,000 bales yes
terday thcvmqrket ran up 10 points and
kopt on going up 5 points more. About
cotton has been sold and taken around
10.60 that thore Is left the fear of some
development which might result In an
other scare. On the other hand, nn enor
mous amount of short cotton has been
covered and prices are a cent a pound
higher th»n n week ngo. Should there
be pressure either from actual cotton or
from weight of short selling, ths market
could easily collapse nnd for that reneon
We nre not any more willing to go long
nt 1044 than we were to l»c short nt 9*4.
There can readily be nnother scale of
A * “ -r 11
very
■re dull, with no decided
the Steel issues
tone.
The government bonds, the o
ranced Vi of 1 per cent and the
Isterod 4s 44 of 1 per cent, on a
w*iy bonds held firm. Total 1
MACON LOCAL MARKETS.
State of Georgia Bonds.
Georgia 4 pc., 1926 114 115
Georgia 444 pc., 1915 113 114
Georgia 4*4 pc.. 1922 118 119
Georgia 8*4 pc., 1928 to 1*85... 106 108
Georgia 844 pc., 1915, $500 10444 103*4
Local 8tocK« ano Bonos.
Wesleyan Female Colloge, 7 pc.,
denomnatlon Jun’y und July
coupons, prico owing to date
of maturity 103 113
Acme Brewing Co 100 103
McCnw Mnnf'ff Cc 130 185
Macon Gas & Wutcr consols... 95 96
iLBBPERS.
. THROUGH TRAIT
JINCINATI, CARRYING DAY
(WITHOUT
AND »ULLMAN
A. M.. LOCAL TRAIN. MACON
TO ATLANTA. CARRIED NICE
DAY COACHES ANO PULL-
MAN OBSERVATION CAR
(SEAT RATE TO ATLANTA 25 CT3)
TO NEW YORK VIA WASHINGTON.
BALTIMORE and PHILADELPHIA,
BRUNSWICK.
1 ^Ccbr^T
IsLfCJ RYING
THROUGH TRAI
)CHATTAN
NG PULLMAN
Q flW con T<
N MA- /•VfJ »NG At
i. CAR. NECT5
FROM MACON TO 8V. LOUIS.
TRAIN FOR JACKSONVILLE
Departures Going South
2.15
JACKSONVILLE.
DAY COACHES
CHANGE: ALSO
SLEEPER THIS TRAIN ALSO CAR-'
PULLMAN
\LSO
SLEEPER
LOCAL TRAIN, MA
TO BRUNSWICK. MAK-
ALL THE STOPS, CON-
JESUP WITH
7,20
P. M... LOCAL TRAIN MACON
TO HAWKINSVILLE. MAK
ING ALL STOPS.
M., LOCAL TRAIN FROM
*3U MACON TO ATLANTA. CAR-
* WV RiES NICE DAY COACHES,
ALSO PULLMAN SLEEPER F HUM MA
CON TO ASHEVILLE, N. C„ and SPAR- i
TANOURO. __________________________ _______
ELEGANT SOU I HERN RAILWAY DINING CARS. ALL THROUGH TRAIN3.
No. )(
Arrival of
So. Ky. Trains
.ooftm—No. 1J. from Jc*
SilOam
St; 00; 1
2:40!
Georgia ltallrond stock 252
Atlanta & West Point Railroad
153
West Point Railroad
a 106
j Savannah Rat I raid
dock 113
Georgia Southern & Florida 1st
preferred stock 95
Georgia Southern Railroad 2d
. te(erred stock 64
Georgtn Southern Railroad com
mon stock 42
Son boo rd. common 13
Seaboard, preferred 24
Southern Railroad, pref 93
Southern Railroad, com 29
Rallroa.
Central of On. 1st
per cent.. 1945
Central or Georgia ■■■
trust. 5 pc., 1937 109
Central of Ga. consolidated... .110
Central of Ga. 1st income 83
Central of Ga. 2d income 45
Central of Ga. 3d income 31
Ga. Southern & Florida 1st
mortgage, 5 pc.. 1910........ 114
Georgia Railroad & Banking Co.
6*4 per cent., 1910 108
Occur. Steamship Co., 1st 5 per
Vo. 16 from New York, AnhertUe nnd Atlanta.
No. 8 from Atlanta, Chattanooga und St. Louis.
..... No. 10 from New York. Washington nnd Atlanta.
1:13pm—No. 15 imm Hrunswlok, Wuycrosrf and Jeaup.
(No. 15 stops nt Macon 20 minute* for dinner.)
PETTIT. Depot Ticket Agent
Georgia Southern
and Florida Railway.
READ DOWN.
5 1 3 r
EFFECTIVE APRIL 10th, 1904,
1 I
STOCKS AND BONDS
Crop Prospects Give a Fine Tono to
Stocks—Pennsylvania and B. & O.
Gain—Whole Market Is up.
5 per cent., 1922 ...117
a— ya— — - . 5
.106
Atehienn 1 heather* 87
ht«s>n pM I Boutborn tty...... J' 1 ^
toiltlmorn k o.... 6«K noottwrn iiv.nfd.. t»t
It. k O. r.M M'i Tem-fartO*..... 30'(
Oitindlan P<re ....U7K TMH\<M.t»-Wwt v*',
rent, otb Jersey.160 , TM.St.T^-'-fest |»fd 42h
dies, k Ohio 3*Wi nnhrePae W T S
Chl«*nff« tr Otau .*•<»! Union Tae. pM.... 9C-f
file, fc A tonptI. *oV4 Watatl).. J3‘.
Chte. liGt. Wn\.. 1" ; Wabash V>M.
N v; ' 1 •* .' rl-».
Wells Fsrto ......D'
Ce| Bmithnrn .... 151* Amtlumtd.cv-oper
eni, Ro. 1st. pfd... 49 Ani.Car Feundrr..
Col., Ro. 21(1, Htd.. 20•$ I Au.Cnr F-trv.nM
Del. k t?'i4e-»n 1«»'v | Am. * etton Oil ...
Deh.fA'tt..Watt 37»4; Am. C-.t. Oil fiM.. 91»i
Oonrer-n.Orande ts'i 1 AteeHaso lee ... f>%
De-iror-itO. t>M.. TS*i Amerlenn Ire pf-1. V
Rtrript'.. Shipments. Sales, Stnrk-;
The Ports: I Prfce.|Rects.!Bnl<i*.| Btek.
Galveston . . .111.00
Norfolk . . . .!
Baltimore, . . .111.50
Prmton . I. . .111.20
Wilmington . .1
Philadelphia ..111.46
Savannah . . .1106$ >
New Orleans 111*4
Mobile . . . .1044
Memphis . . .110%
Augusts . . . .111.00
Charleston . ..f
Cincinnati . ..t......
Ignilsvlllo . . .IM T 4
Rt. Louis 110%
Houston . . . .111.00
New York ....111.20
1021 16I80
....I 1926
....I 1041
10S9i
Hr
t i 6984
36821 2773! 8565
| 200 33132
New York Cotton Futures.
NEW YORK Aug. 23.—Cotton future*
opened weak nnd dosed very steady.
Open. High. Low. Clos.
January 10.50 10.86 10.46. 10.M
April
...10.48 10.48 10.47
...10.51 10.84 10.60 IO.81
...14.64 — 10.83
February
March
* ...in,oh -—- 1'i.u
■ J...10.M 10,67.10.65 10.85
10.63 11.00 10.70 10.90
September 10.60 11.01 io.ro jo.90
October 10.60 10,92 10.47 10.83
November 10.48 10.84 10.48 10.80
December 10.49 10.85 10,45 10.79
spot cotton Closed quiet; middling up
lands 11.20; middling gulf 11.45; sales
200 bales.
New Orleans Cotton Futures.
NEW ORLEANS. Aug. 25 —Cot*on fu
ture* strong. August U.50a62; September
Hhorts that will whirl the price
cents. For this reason, thero
little in ths present condition t<M
short ndling. nnd wo would rather wait
until the market show* which way It Is
going to Jump. Thin will likely Ire evident
before the close tonight or early In the
morning.
Macon Brokerage Co.’o Cotton Letter.
NEW YORK. Aug. 25.^-Therc Wae a
continuation of excitemont In the cotton
future mnrltet today. The fluctuations
generally Were wide and them were many
differences of oplnon In t/roffsslonal cir
cles regarding the probable course of tho
market In the near futuro. It whs plainly
evident that the mnrltet was bein'* sun-
ported by the bull clique nnd that the
latter wns anxious tn dispel nil bearish
reeling. It yas further evidence that
the hulls Imd evidences of a big short In.
terest nnd that they were gunning nfter
several big Individual short*. The mar
ket opened weak st « decline of 13 to 30
points.. Thera was a lot of cotton for
sale on the opting and the big offerings
were presumably in response to tho Liv
erpool cables, which were a distinct disap
pointment. New Orisons was relatively
strong, and thlli feature server to create
a demand on the decline. As the day wore
on considerable irregularity developed,
while nentlrrienl became quite badly
mixed. The crop news from the Booth
wns quit*' favorable In the- fuco of tho
claims of the bulls that wide deteriora
tion was in cvld< nee. There wns n big
movement of cotton, end the proportion
of new cotton wns very extensive. Routh-
ern house* were credited with selling a
great deal of cotton on the Irettcr level*
today. The spot markets were easy with
n small demand. Receipts were 5.916
boles against 2.192 last we»-k nnd 167 boles
last year. For the week they wero esti
mated at 31,000 bales against 1,432 bales
lost year.
Hubbard Bros. & Co.'s Cotton Letter.
NEW YORK, Aug. 26.—Our market
ooened with .sales of December at 10.49-
10.50, and after selling at JO.45-85, ruled
at 16.65 st 1 p. m. The ton* of the Liv
erpool market this morning was very dls-
a appoint lng. nnd while the market
Uits barren of orders here, there v I
Imposition to cell even At tire sharp de
cline from the high prices of ycsterdaly'a
close. The supply of contracts was lim
ited, and the hulls had advised prices
quiet to those of yesterday nnd, barring n
reaction, held tlrem well. The sHter* arc
easily frightened, despite the Improve
ment. nnd cover quickly on th*» showing
of strength. The advance discounts a
largo proportion of tire deterioration on
which there has possibly been much ex-
»fgrr:M«n, Advice* from Brook Beckett,
Waco. Texas, say as am and in Mem-
B its five bales were iccelyed today front
fssisslppi and' Arkansas; weather hot.
Private sdvlces from there are unchanged
as to the crop.
••’Si 1
lownUont. pfd.... 41
161*4 I
Mot. fecarlttea... 9 !£i
\l,uropllu. ALltf lTI J
Ulnreop. 8t. t .
M 00
Am.*me,tt*rliHrr «'
Am.Hmli*. Jrb.P #, l.t" 7
. A*e. -near t'fir. ..W*
1 AnaionlaMln.Co.’Ttfifc
1 Brooklyn Uap. Tr. MU
f%0. r,re- V'rn-I. n}‘;
I Conn<»IMit'l l i/as. 196*4
Georgia
per cent., hub
Seaboard, 4 per cent
Ben board, 5 per cent
Southern It. It.. 5 pc.. 1944..
errv boros.
Macon 4V& p*.. 1126
Macon b pc.. 1023
Miicnn 6 per cent....
Savannah 5 pc.. 1009
Atigustu, pree ns to rota Inter-
■I and maturity.. Bfi.
Atlanta, price ns to rata Infer
ior nnd maturity 100 121
Columbus, 5 po. 1909 105 106
- Lumber Quotations.
(Corrected by Masson & Felton Lum. Ca)
Common framing, slsed SRtnndup
Common boards, rough 1? nnd up
.ommnn framing, nuigh... ... 12 and up
sed nnd matched flooring. .$11 to fit*
tsed nnd matched celling.... 10 to 1)
ire edge weather boarding.. 12 »o 16
el edge wenther boarding, .tin to 112.86
No. 1 sawed pine shingle*.. .$2.75 to 12.00
No. 2 sawed pine shingles.. .$1.50 tc $2.06
No. 1 best cypross *blnglon li.Ou
Nuts and Fruits—Whn'.eaalo.
(Quoted by Roush PrMuoa Co.)
BMC*’" ’*
. Jban
Virginia
PRUNES.—6 to $c. per pound,
APPLES.—Per barrel $2.r,n.
RAIHINH Nsw crop, $2.60.
' ‘lunch, $ l to $1.50.
r crop. 91.50 per t
allfcrnln. $3 u n box.
CABBAGE.—Vlrglnln. Hie. lb.
— - *||^ 3 *
4 >1.111 4:«ii 11 ’ 11 - • .1:1 l.v. .
5 45pm| |12 JOpm'Lv..
c 09pm 12 29ptii|Lv. •
0 30pm 2 01 am 12 47nmiLv..
6 57pm 2 25am 1 bjpmd.v..
7 18pm 2 42mml 1 4.iptnl.,v.,
7 19pml 3 42am\ 1 4-pmlLv...
a Irt.vrn I 2 05pm Lv. .
8’toilml 2 aopmlLv..
8 50nml 3 lOpm Lv...
4 10am 2 31rm Lv...
4 21011) 3 41pm Lv...
4 23am. 3 49pm Lv..,
I Siam 4 ttMXr...
3 lOnrnl 4 4r.pthLv...
5 4?uml 6 23pmiJ<v..
6 29am 6 10pr
7 Oflnml 0 6oi*r
? 43pt
nLv
f 12pm Lv.
2 4,am; > 32pm Lv.
8 20aml pm tr
TTjpmTl.vT
IMK:
5 58pm Lv.
Jackuu
villa
I-’.. :n
y
10 01i
H j in l.v ..
9 05pm Lv..
9 lOptnlLv..
... Vnldosta ....
.. Lake l'nrlc ...
... Jt-nnlngn ....
.. . Jasper
White Springs .
.. Lake City ...
. Liik,* Butler .,
Barnpaon City ,
.Lvl 8 19pm I.
:plhd'
.Lv 2 22pm
• Lvi 2 05pm*
....J.vi 2 JOpr
....I.vl 1 25t.ii
. .Lv! 1 ljpr
,Lv! 1 O.lnml
... ,Lv[12 30iir
....l.v, 12 014,1
hv ll 54ui
Lv 11 tin
l.v,10
Lv! y
Lv 9
7 62pm ...
. Grand
1- l'Ti, l*<
idln
r.nft «
1 Central. ID:
R. ||,
■ r 11 ««.pfd, 8?
dewtork o-nt....t»r\
erfolk-dealer n *»•«
VrefAlb-tr pM, t>0
Ontario-Western. MjJ
P«nn*yltanlo IJ4»
pmsb..aak*LL m
(tendinc •• ’ '
firaH|„yt*t pf I... W
Reading It pM. T4
CUvk Island On...
Reek 1st. Co. pf.t, <T'$
St.r H.Krn.!-'pfl
al R!#rtrlo..K-d*:
Pressed Steel Car. n
I’resael S. C-r rd t 76
P-illraaa Pal. Oar.216
fleniiMIe Steel.. 7'-
Rapuhlle Steei of 1 «•
It,I titter Goods.... It";
hat t er (ids. rfd.. W*
Toon. Co d k Inn 4H
V. R. fAnther IV
.. . r.*a»hnr nft M
'■ - I*.- .11*. « • i .
V. H. It a hirer ..... y
It. R. Unhber pM 7a«^
U. m. l|»’
U. R. HU»el pl<l..... M»
Wo "ter a Unlen.*.! .*
r. II. I*, r
0.8. 3s.’ aoapeh...lOV{ I U las A Tat H...
U.i new**, rat l»»% V Kan k ralU l*,i
0.*. «ld»a. roil. I’ll 31. k O.UT.4- 97
0*flb aowl*. rag..to?
O.H. aswis. sou.loT
Atabtsen
■ Nat.
( Mat.
proof. The negro alone can cultivate
cotton effectually under the'hot South
ern Run. In the past fourteen years
the cotton crop of the South has been
increased by 12.260,000 acres, or G3 per
cent., und the negfo population in the nj» i m i yn DDni/ICinVC
same period h s Increased only 1,493,- UKAIPl AND rKUYIolUnO
184. or 24.3 per cent. .
It Is Generally' Emitted that the ten- ! Frost Scare In the Wheat Market Lift
con. 4. t»»i
«; V.r.nso. rr 0 ..t«<* l o
'* IN. J. C4*.—n.3» '
* -i, • • ■ ''<>r r-A in• ...
»«• k «• •• »2 • \VJttSFZw2wi
consol 4* ..... 101 *4
...MOL orog .nRhr.rt Llaa
to» It | u a partle
bait, k •
i. of do. II to
•6 \
C.M. vu. v.g«a.i« m
Ohio % < >rth»«»
toru a m. '<* ns*i
O..B.f.4F«c.*« ... 71*4
C., XL I. hf+3. clJ* M’i
L..C..C.4* >L
B ■ iws
. 117
clualnn ti
tho cultiv
dency in the South on the part of the
more intelligent negroes is towards
Northern emigration, or residence in
cities and employment | n the factories,
mines, lumber camps and railroads.
The resldum of ne^ro labor avail
able for the cultivation of cotton Is,
therefore, not only out of proportion
os compared with the acreage, but
comprises the least thrifty, ambitious
and progressive element.
The Southern cotton plantations,
which are for the most part operated
under the tenant system, have under
this system been Jess careful and lew
n I productive Cotton land In the Routh.
I for this reason. Is worth less today than
i- I It was fifi
la less efflr
therefore s
udy the rela
■ease In the
prod a.
popu- |.
This (I
re Im- I
It li
of ia-
iditlons
ed Prices—Corn Was off and Provis-
»i irm
Coo.Toll-4s cr.<(
Col. -i 'lUfisra u '»
Col. Fusl $s
1/S HI * *Jrvi J l • IS0‘4
Iris Prior I.lsu Is
Krie tisu. is
Ft. W.k p. City latlOS
Ifireklii'V*! 4 I-3s I'M
Lk S I'ntfls.... »')»•$
Man Coo gold *s.. t®6
St. I., k Kt i
risen i*...,
6C I., k *. W. I
Rsabord 4 L „
iotltbsrn l*a:. t« . Clii
n fiwy £*..111
1 011 C73
Htan t
Tst. oH
Ti4.Bt.Lk 1
rntan Ifkdt
I. lit
... 7iJ{
S..10S
U. h. bisel. 34 Is., 71)
Va.Cor.uu.vi i ;j|
“ pU..IM
Wobaati Jsts IIP
'gStMrU l>eO. U... 6|j
*hw«i.a I.k.fc-Is.. 9|
Wlscwa. Con. 4s.. 90
ORANOK.N
CABBAOK . „
OR A NGER.—Florida/ 1
NEW J'OTATOEi.—Per sack. $2.25.
Liquors—W'holossie.
(Corrrotod bv Wslchselbautr Mnclr.)
WHISKY — Rys. $1.10_ to .$3 60;
$1.60.
‘11.—7L_. .. .
nd sherry, 7bc. to 14;
V/INE.—7Je. to $5: high wlnos. $1.2$;
li.lV.V
Barena sodas, Oc.
N. B. C. soda
Nob. 3 and 4 nrr solid trains wltlt Through Coarli
Macon nnd Jnckaonvllto, and conic* Pullman Buffst I
Macon and Tlfton, on route between JncliBonvlll,
Hos 1 and 2 art solid trains between Macc
Couch betv/con Macon nnd Jacksonville.
WM. CHECKLEY SHAW,
-* T ‘dent. u “” , “ '
, D. P. A .
Jacksonville, FU
nd Parlor Bleepers between
Drawing Room Bleeper* between
at. Ireuls, Mo., nnd Chl- .u-o. ill.
<1 Paliillta. nnd r:itries Through
C. B. RHODES.
Gen’l Past. Agent.
LEON A. BULL. D. P. A..
Atlanta, G*.
B.RY.
Local and Through Schedules.
Effective July 17. 1004.
Depot Fifth and Pine Rtroots.
85| 31 | STATIONS. I 83 1 86
A M|P M'Lv.
H (/0| 4 101..,,
H 20 4 38 ....
Mucon ..
Bofkco ..
Iklneprton
I in I'd vs .,
pa®.ri’:
ArlA M l
Hi,
10 fill
10 42
) pnlls.
,i%c.
6. 7 nnd Sc.
10 07 6 4.T Crest
10 l.V •; r12 Thunder
JO 251 7 051Ar. Woodburj
10 46| 7 251 Af..Worm Bpi
I Hi
Tybec and roturn $2.25
Tiokots on salo onlv two
moru days ; for Soaslioro S|m-
oial, Sunday, August 28ili
and Soptuiiibor 4th. Parlor
cur 50 cents.
Hot Bprlnti
DIs
Plus $2.00
L. PARROTT.
:»*nt. Atlnntu, G;
\ MlLv.
7 or.i..., Woodbury
7 16] Bneisons
7 25 Harris ..
...It 60 .
•••I} H •
::: 7 nr.
Take
CHICAGO, Aug. 25.
experienced a frr*st sen re today wh
while it lasted, lifted prices %% to 3*4
the .previous rinse. Final quotation
NEW YORK STOCK LETTER.
NEW YORK. Aug. 25.—More favorable
wheat market ! advice* as to crop prospects, particularly
■ and cotton, imparted a very firm
■tocK market,
Dry Goods—'Whnloiate.
ted hy The Waxelliaum Co.)
TR'KINGB.—414 1*» IJc.
Hsrdwer»»—wvhotessie.
(Com-efed toy Dunlap Hardware Co.)
WET j. IlircKLTH - $4 per dot.
KOl'i: .iMunlls. J4Mic.; Bewl, Ho.; cot
ton 17'fcc.
AXE8.—$7.50 to $3.00 per dour..
{.CAD Bar. 7Ho. t.oi.ilrt
NAILS.—Wire, $2.60 barrel; cut, $2.60
ban el.
HlIOVEI.H $7. to $11 dott.
CARDS.—Cotton, $4.60 per lo*.
Mow blades, 6c. per lb.
IRON.—SHc. pound base; Hwrde, 4tie.
pound
TUBS.- i’aintedfl $2.20; cedsr, $250
M 5!fOES.—Horae. 24.26 keg; mule, $4.25,
B1 T CKET8— Paint. 11.70 da*.; white
eodar. thro hoor*s. $3.20.
r»l A INK.—Trace, $4 to $6 do*.
GUN POWDER.—rer keg. Austin crack
•hot, $5: half kege. $2.75; quarter kegs,
|1.8»; champion ducking, quarter. Wega,
$2.25; Dutrent snd Ihxard smokeless,
half keg*. 111*6: quarter sees,
1-lb. eanistera. $1, leee 26 per cent.: Trols*
dorf smokeless powder, l-lb. cone, $1;
10-lb cans. 90c. ib.
era a» wnolesale and
»«r*'
-Dry salt rib*..,.......,.... i
stm short rlls« i
nr salt plates I
>f the arreve cuts, smoked lit
day nnlv.
ddltlor.il
nnd 32 dally; No:
Train Service.—Train
opr, XA n B
Columbue Via
IP M!
|| WS: I
J 7 25 Ar. .$V. Hprlng!
; I COiAr * “
Ibury
.prlr
Colujnbi
Warm springe' Special.
t:#|
Sundays Only.
IA M . IP Ml
| a,u, |,v.,.. Macon ....Ar 9 4.’
10 25 Ar.. Woodtwiry ..Lv 7 15
110 45;Ar.. W. Springs.. Lvl C 2a
: tons
! tha
closed H to %c. down. 1
Provisiona acor^d Iosshi nt ^rom 2%c
0 *rOn K ln , 'mod« , au?°v5- Iixift “r»."T7 .w 14jt
;..^V^IS»T«8!S5S«f I car ^ li 8
i noteworthy feeturp wns the sdvarxo j t . A ||ri 746 GRISTBi
C0-(b. tuim 7%
and Warm Hprlnss
the Southern Rnfiwi
;U Woodbury i
•y.
Interchangeable mlleru;.' llrkets of At*
Inntlc end West Point Railway, also 500-
mile hooka I' tu< d by the Macon. DublSr
end Savannah Railroad, aecaptad betwher
Macon and liaQrange. t
Macon non lllrmlnjfnatn Raliway sel
600-mfi-- inr»k* for $|7.i,0, good over *!•»
con. fhildln nnd Havannuh Rnllroad.
Train* arrive and •lepert from depot
coro* r Pine and Fifth
VERY CHEAP RATES
TO INDIAN SPRING.
$2.35 Round Trip-Tickets on S-.le Dai
ly, Limited to October 31, 1904.
$1.60 round trip tickets on sale Hat.
Excellent hotel
JAH. FREEMAN.
MACON BROKERAGE CO.
418*420 Cherry st.
QuickC*
Ini
on stork «
WM. C
.e.'good i
-1ODE0, Gen. Pax*. Agont.
T. A.. Until
M- D & S. RY.
STATIONS.
such allied Is
ike and Ohli .
In fa*-t. Read. I
sderac
W$ theory U I
that led
ol of the negro was
rtton supremacy «,f
idt improbable that
, to Cud Ua evoj.-.:-..;c
i that until these n
mge an fnereaM* In wraap
*|jr tn result in h mibstntfnl tnrratae
production, and as no ehang*
ne cxmdltinns seems probable with-
tbe next few years. I am convinced
i cotton trade must adjust itself lo
prospect of encountering ucute
lugency in the supply at least dur-
: this decade.
THZQDOHE. U. PAICE.
Open. High. !»w. Clos. > and Norfolk :
! r j lng was one of fl
the list. Tire I , —I
•I-($76 •1.0'? $1.04% $1.06^ I active at material advances. capeeteJIy
l.(»3% 1.(1% 1.08% 1.04 ! Ht lyjuts, BouthwesUTto preferred. Mis-
t.»*4% I.07U 1,04 1.05*4 sour! Ksnsfi- and Taxas, also scored
1.06*4 1.1$H 6 1 - ‘ * ~jj—
■ 53*4 65 6274 53 I For tire fin-'
5274 64*4 61*4 61 % J*neiflc arul S
51% 52',4 4**4 49% i paratlvely in;
ti<-m the mark
■ | in ml * *
I
3344
El
8^
11.60 11.60 I \WM
11.57*4 11.67*4 I trat,
13.03 12.85 12.*7^ sou and Hn
lit some days Union
n Pac ific Were rr>nt-
Affer Kim* heftu-
e more became strong
of further profit-taking and the
r. though b'lowr the be*t of tbs
ihov/e*l a f»*w marked rece**|ons.
dy strength was displayed by stich
us New York Central, Jersey #>n-
*rsl. IreUwsre and Jlud-
r> Itailwray. There were
it* In wuefc specialties an
1.1 Wet *erq preferred.
Bepf, . . g.y; •i.JTii 6.fC> 4.9244 T*4e.p., H*. and
Oct. . . T.»J T.«T»» T.92W 7.c:*i Wtacm^lti C-nlral m
712 ‘I T.OTg i City pr.f-rr..! but thi
Short KitM— | much .ttcntlun li
K j.t. . . T,r:.4 7.« I t>-fr>r- ih- -ia of ti» <i»y.
O ' - . T.r.i'f T.JrJ 7.<7'4 7 .71* 1 ABi«l«»fnat"l ' "M>-r »•» H - mo,l »ct-
J.i.. . . « t.;; (.7; tv. (utui, u, 11* kibatiUl tramp, tat
The setr
as onj»u
CORN.—Bar
' Bp' i’lal
gtaod'inl granulated
ftrar (Wen ns darlM.
few York yellow
*11
PralrVi hay ...
fjeorgbi hay ...
ecial aunt at Ions t
1 hay
gli
Fffrrel >
"Mixed tWan
BALT,— 1 a#-lb.
- *4-^-
CJIBKHE.—Bei
FLOUlt—Frivaj
Royal owl standard.
n salt, all weights,
n. not unit rurad...
:igr«l hides, acconil
J A STMEVER, «1 I*
J I. O HON BON f 1’
THOS. H FREEMAN
anler.