The Savannah morning news. (Savannah, Ga.) 1900-current, May 18, 1901, Page 9, Image 9

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REVIEW QFMARKETS J air ACTIVITY IN TR.VDINS IN .NAVAL STORKS. rosins at the advance. COTTON EASY WITH BI SINESS ON A LIGHT SCALE. Owing to the llain* That Fell Over llie Cotton Country Future* Closed Quiet 7 to 11 Point* Lower—New i ork Stoeke Higher—Local and Telegraphic -Markets. The Homing News Office, Friday, May 17. There was continued activity In the naval stores markets to-day with trans itions of round lots reported in both spirits turpentine and rosins. The demand •nliich sprung up during the week does not seem to be satisfied Judging from the spirited buying which keeps up at steadi ly advancing prices. While the changes in rosins were narrow compared with the range during most of the week, the trad ing was In thorough keeping with what it has been pretty much all week. Tur pentine closed firm .at 31\c, the ruling price for the day. The spot cotton maitket closed easy to-day, with little business of Importance doing. The cotton futures market at New Voik closed quiet at a decine of 7 to 11 points, due to the pretty general rains which fell over the cotton, country. It is difficult for the trade to form accurate ideas about the condition of the new crop, owing to the widely differing reports from the same sections as to conditions. New Vork stocks doted higher. Local whole sale markets closed steady and unchang ed The following resume of the markets will show their tone and condition during the week: COTTON. The cotton market remained easy and featureless throughout the week, with iittle buwnese d'oitig and practically no developments of a news nature to -etimu late activity. Price changes were nar row in both the spot and speculative mar kets. Sales at Savannah for the week were 985 uplands, and 3,901 sea Islands, and so far this season. 89,167 uplands, and 67.71S sea islands. Offerings from the in terior were light. It is a noticeable fea ture of the new crop reports that wide differences exist in reports from the same quarter, making it difficult for the trade to form accurate conclusions as to real conditions. It will probably be several weeks before reports of the new crop that can be accurately reconciled will be re ceived. ‘ The following were the official spot quo. tations at the close of the market at the Cotton Exchange to-day: | This | Last j day. | year Good middling jg [9 7-16 Middling (7% |9Vi liOw middling .. .. |6% '|9 Good ordinary |6 |S% Market easier: sales, 260. Receipt* Past Week. | Up-1 Sea |land.|Xsl'd ..Receipts past week . ...J 7,089] 958 Seme week last year | 1,074| 19 Particulars of Receipts— |_ | Central Railroad | 3,564| 11 S , F. and W | 1,598 j 702 Charleston and Savannah j 25| 4 Southern steamers .*[ 549|w... River steamers j 4| Seaboard Air Line i,.j L349| 346 Exports— j j Exixirts lust week >..| 1,363| 4,671 Same week last year j 7,001 j ,127 Movements— | | Baltimore j 17o| New York ...‘ j 982 j 1,904 Burnt ,„..j oj Manchester . | 20lj 2,767 Stock on hand and ships |39,172j 8,860 Same time last year 125,781 5,660 Savannah Rweipts. Exports and Stock-. Received this day 922 Received same day last year 6 Same day year before last 1,144 Receipts past week ' 8,051 Same week last year 1,113 Same week year before last 7.529 Receive* since Sept. 1, 1900 1,0(7,143 Received same time last year ..14)61,549 Exports Past Week— Exports this day, coastwise None Burnt 5 Exports past week, coastwise .... 3,061 Exports, past week, continent None Exports past week, France None Exports past week. Great Britain 2,968 Total exports last week 6,034 Exports Since Sept. 1, 1900— To Great Britain 174,148 To Franc's 23,899 To (he continent 514,722 Total foreign 552,709 Total coastwise < ' 435,494 Total exports 988,263 Exports Same Time Last Year— l'o Great Britain 181,474 To France 39,328 To the continent 493,986 Total foreign 714,788 Total coastwise 333,801 Tolu I exports 1,018,592 Hto. k on hand this day 48,032 Stock on hand same day last year 32,456 Receipts and Stocks at All Ports— Receipt , s this day 8,686 7hic day lasi, year 6,461 I hi- day year before last 17,004 Receipt* past week 56,742 home day last year ...• 41.654 'ear before last 59.894 Total receipts since Sept. 1, 1900. .6,933.652 barm time last year 6.269,52* same lime year before last 8,044,532 • 1 ek a’ all ports *o-day 498,383 block -ame day last year 326.830 •’oily Movement* at Other Ports— Galveston-Firm; middling, 7 11-16; net ■*** P. Bis#; gross, 1,836; sales, 167; stock, W wi]. New Orleans-Quiet; middling, 7%; net li878: *ross, sales, 830; stock, '<4.566. Mobil, Quiet; middling, 7 9-i ; net re ci . * ross ' 895; M; <**, 9.739. arlcMon—Quiet; middling, 714; net re f'l G 107 groan, 107; stock, 6.352. .. Firm; middling, 764; net re ’*! u ; 6; srosa, g; atock, 7,417. , ' Jl 'foik—Dull; middling. 7%; net re -492; g,- ogß , 490. S a|es, 192; stock, 17,- Baittmore— Nominal; middling, 8; net re krosa. 1,319; stock, 5.540. nw York-Quiet; middling, 8 1-16; net ' ipts. 866, gross. 2,268; atock. 126,230. noston—Quiet; middling, 8 1-16; net re -12; gross. 312. "l.idelpbla—Quiet; middling. 8 6-16; net ',’iibK, 91; gross, 94; stock, 3.558. ’ " y Movements at Interior Towns— "'kusta—Quiet; middling, 8; net re -353; gross. 353; Bales, 329; atock, 23.-, , J''' rn nhia—Bteady; middling. 7 9-16; net re -366; gloss, 70S; sales, 1.000; stock. S ' <-*°Uls—Dull; middling. 7 11-16; pet 'Pis. none; gross, 1.067; sale*, 360; Mc ; r k, 74,044 ( mrlnnatl— Easier: middling. 7*: net re ,f u grosa, 268; atock, 7.6ia : l '‘ , 'i , ton—Steady; middling. 7 11-16; net pt*. 2,024; gross, 2,024; sales, 226; ,lo > k, 60,867. „ l m. Ut,V . Hl *~ F '* rm ; middling. 7%: net re .w‘pta. 1*1; gross, pa, sales, 156; stock. Exports of Cotton This Day— New Orleans-To Great Britain. 5.70 C; 1 •* L *'wUe I 1,669. MURPHY & CO., INC., Board of Trade Building, Savannah. Private leased wire* direct to New Turk, Chicago and New Orleans. COTTON, STOCKS AND GRAIN. New York Office, No. 61 Broadway. Offices In principal cities throughout the South. Write for our Market Manual and book containing Instruction for traders. Mobile —Coastwise, 936. Wilmington—Coastwise, 27. Norfolk—Coastwise, 771. Baltimore—To Great Britain, 1,251;. to the continent, 782. New York—To Great Britain, 2,521; to France, 106; to the continent. 2,381. Total foreign exports from all ports this day: To Great Britain, 9,482; to France, 106; to the continent, 3,163. Total foreign exports from all ports thus far this week: To Great 'Britain, 45, 6-17; to France, 8,257; to the continent, 46,- 001. Total foreign exports since Sept. 1, 1900: To Great Britain, 2,762,691; to France, 680,- 659; to the continent, 2,252,756. SEA ISLAND COTTON. Prices about as follows: Kxtra choice Hast Floridas 20 Extra choice Floridas IS 019 Fancy Georgias 17 Extra choice Georgias 16Va Choice Floridas and Georgias 16 Extra tine Floridas and Georgias...ls Fine Floridas and Georgias 14 Stained and storm ;...12 • Receipts and Stocks— 1900-01. 1899-00. Receipts past week 106 17 Exports past week 4,6 m 137 Receipts this season 69,884 72,195 Sales jast week 2,901 Stock on hand ..... 8,962 5.577 Oharlesion, May 17.—Sea island cotton quotations unchanged. Receipts 6 bags; exports 211; sales 240; stock, 823. COTTON FUTURES. The Market Closes Quiet 7 to It Points Loner. New York, Nfay 17.—The pronounced de cline in Liverpool was a disappointment to cotton bulls to-day. Shorts last night had rushed to cover in anticipation of July manipulation to-day, but Liverpool refused to respond and'turned weak after our openihg. On this news the start here was steady with prices down 3@6 points, soon increased to a matter of 9 to 11 points under liquidation, bear pressure and foreign selling, all of which was bas ed upon wet weather reports from the Southwest. Moreover crop advices took a more cheerful turn and though late, the prospects for the new cron were said to be very favorable. Receipts were hardly up to expectations, but this factor had been pretty thoroughly discounted. De mand for spot cotton ill Southern markets was hanging fire, and Northern mills were once more faced with the necessity tor continued curtailment of production. Toward midday efforts were made to hold the market steady and in the early after noon considerable energy was brought to bear in the hope of closing the market firm. Smaller shorts were disconcerted' by this show of confidence and some more turned for safer ground. July led the up lift, but at most speculation was of a professional character and for the most part in the way of evening up for the week. The market closed quiet with prices net 7 to 11 points lower. FLUCTUATIONS IN t'lTI RKS, New York, May 17,—Cotton futures opened steady at the decline, and closed quiet. Prices as follows: Open. High. Low. Clos. January 7.03 7.06 7.02 7.03 May 7.50 b 7.50 7.46 7.49 June 7.57 b 7.55 > 7.54 7.55 July 7.63 7.63 756 7.U9 August 7.30 7.31 T. 25 7.27 September „ 7.13 7.16 7.10 7.12 October .....7.09 ' 7.10 1M (.04 November 7.00 b 7.05 7.00 7.01 December .. ....7.08 7.<H 7.00 7.01 LIVERPOOL COTTON MARKET. Liverpool, May 17.—Spot cotton, limited demand; prices unchanged; American middling, 1 11-32(1. The sales of the day were 5,000 bales, of which 300 were for speculation and export, and included 4,800 American. Receipts 3.4100 bales, no Ameri can. Futures opened and closed quiet; Ameri can middling, low middling clause: May, 4.12 U, buyers; May-June, 4,12d, buyers; June-July, 4.12®4.13d, sellers; July-Au gust, 4.13d, sellers; August-Septeniber, 4.09d, sellers; September, 4.09d. sellers; Oc tober. g. 0. c., 3.60>fi3.61d, value; October- November, 3.58fi3.59d, buyers; November- December, 3.57&3.58d, sellers. NEW ORLEANS COTTON MARKET. New Orleans, May 17.—Cotton futures quiet and steady. May 7 56@T.51]September ..6.9566.97 June 7.41®7.43;0c10ber .. . 6.85(89.88 July 7.B7@T.SsiNovember .6.81ifi6.2 August .. .7.lß®r7.l9!Deeember ...6.51(86 82 H. A 11. lleer’a Cotton Letter New Orleans. May 17.—Liverpool advices were disappointing, therefore our mar ket opened 6®>7 points lower and declined 3 points additional in consequence of good rains having fallen generally throughout Texas. The weekly amount tnio sight, as well as the visible, were bearfsh, hut notwithstanding these features, shorts covered freely In antiaipution of a bull ish Chronicle report', occasioning on ad vance of 6 points from the bottom. As soon as this demand was supplied value* again eased off, closing at u net loss of 7(88 points on the day. The weekly amount brought into sight Is a record breaker, aggregating 77,010 bales, against 55,000 last year, showing an Increase In the amount marketed to date of 828,000 over last year. The intertoj; receipts for the week were 44.000 bales, against 14,000 last year, nil Increase of 214 per cent., and the loss in stock was only 11,000 bales, against 17,000 last year, demonstrating that although the movement from pri mary points is exceedingly heavy, stocks are increuslhg relatively owing to the re stricted export demand, whieh cause* the accumulation in the Interior. The visible auiiply during the week de creased 98,000 bales, against a loss of 122,- (KW last year, gaining 24.0U0 relatively, in creasing the excess in the visible to date 874,000 over last year. Statistically, the situation grows weaker dally, and as crop accounts continue more favorable, the probabilities ure prices will seek a lower level, unless manipulation of the summer months |n New York become* a leading feature. Morphy A Co.’s Cotton Letter. New York, May 17—In the cotton mar ket thi* morning everything centered on rain report*, and especially those from the Southwest, to which they were main ly confined. Abilene had 2‘4 Inches, and there was more or lee* rain at Parts, Be gulne Cuero, Wiemer, Tex.; also at Memphis, Little Rock, Fort Smith, and Oklahoma This had a depressing effect on the market, and broke prices 5 to 10 l>olnts. New Orleans was quite active In trying to create bear sentiment, claim ing that the drought was all over, and that splendid result* would follow even before the. full extent of the rain was re ported. It was quite natural that price* financial. JOHN W. DICKEY, Stock aad Hoad Broker. AUGUSTA, OA. Writ* for List. THE MORNING NEWS: SATURDAY, MAY 18, 1901. SniliSlntt. Capital $350,000. JOSEPH D. WEED, President. JOHN C. ROWLAND, Vice President. WM. F. McCAULEY, Cashier. S. L. OLAY, Assistant Cashier. A gener ( banking and exchange busi ness transacted. Savings Department Interest computed quarterly. Accounts of merchants, banks and cor porations solicited. American Express Company’s letters of credit issued available in all parts of the world. Collections carefully made and promptly accounted for. Safety deposit boxes and storage vaults for rent. Correspondence Invited. should have eased off on this news, and it was surprising that the loss was not more serious. Despite the rain, cotton is cheap, many believe ridldulouly so, and what is of equally great importance, it has not been put in the ground, and there is no telling to what extent it will come up. Mills are to a great extent play ing a bluff, carrying very light supply, and the world must have cotton later on regardless of the extent of the crop. In fact, the conservative element In the trade are leaning to the bull side, be lieving that the dull spell has been un duly extended, and look for a bull cam paign In the course of time. Liverpool also made a better showing than was feared on good rain advices, the effect there being a decline of only one point. Estimated receipts were 7,0)0, against, 6,- 000 .tyst year. More or less talk of possi ble manipulation in July is heard. A repe tition of January squeeze, is feared. In dications were for more Tain in East Texas. Hubbard Bros. t- Co.’s Cotton Letter. New York. May 17.—European advices did not show the response expected to our improvement of yesterday, being af fected j>y tfie, reports of rejn in Texas, especially where needed in the central portion of the state. Advices from Hous ton report the drought as broken through out the state- These advices brought about an early decline of some ten points, ’trom tyhich there was a slow rally in the afternoon. Southern spot markets are easier, but the local trade are not dis posed to be short of the market at pres 'ent. notwithstanding the better weather outlook and the large movement. They Would like to see outstock increase ut a more rapid rate. WEEKLY COTTON UKPOHTS. Comparative Cotton Statement— . New York, May 17. For the week ending May 17: Net receipts at all. United States ports during week .... 56,742 Uet receipts at all United States ports during same week lust year .... 41,654 Total receipts to this date 6,933,652 Total receipts to same date last year ~,,, 6,269,528 Exports for the week 98,905 Exports for same week last year.. 63,497 Total exports to this date 5,696,006 Total exports to same dote last year ,j. 5,284,484 Stock at all United States ports... 496,383 Stock at all United States porta same time last year 326,830 Stock at all interior towns 426,086 Stock at all interior towns same time last year ~.... 175,189 Stock at Liverpool 735,000 Stock at Liverpool game time last year 625,000 Stock of American afloat for Great Britain - 150,000 (Stock of American afloat for Great Britain same time last year 40,000 . Comparative statement of net receipts at all the ports during the week ending Friday evening, May 17. 1901, and during _ th* same week last year; ' 1900-01.11599-00. Galveston | 18,510| 9,356 New Orleans | 16,557| 14,203 Mobile ...| 993 433 Savannah | 8,047| 1,113 Charleston ...| 886| 159 Wilmington | 53| 1,160 Norfolk ..... | 3,803| 1,435 Baltimore | 819| 1,972 New York .... ....| 4.542| 83* Boston | 442! 997 Philadelphia ,| 385; 135 Pensacola ; ~| | 739 Brunswick \ 1,448 j Newport News j 762 352 Port Arthur | j 8,857 " Tot a fTT.T 7.7.77 | 56,742|~41754 Comparative statement of net receipts at all the ports from Sept. 1, 1900, to Fri day evening, May 17, 1901, and from Sept. 1, 1899, to Friday, May 18, 1900. ""Receipts since Sept 7 U t 190001, 1899-00. Galveston .. 7.7. 957,92011,693,679 New Orlenaa 2,270.805 1.774.1^ Mobile j 128,6761 199.429 Savannah .... .|1,024.490|1,068,572 Charleston ] 217,490; 255,259 Wilmington 256,268| 276,323 Norfolk j 379,5831 377,039 Baltimore 61,381; 90,537 New York 7.] 162.6131 100,595 Bqston | 189,529] 107,842 Philadelphia | 23,170 [ 46.180 Pensacola | 132,812 j 122,197 Brunswick 88,7311 92,405 Newport News ~.j 19,130| 15,059 Port Arthur | > 20,654; 68,029 "Total 16,933,252|6,277,246 ~¥tock of cotton at all ports May 17, 1901, apd on the same day of the tveek last i'ear: "Ports/ ‘ : | 1900-01.| 1899-00. New Orleans 7•■•••• t 174,566; 143.603 Mcfblle ...j 9.739 ] 6,587 Galveston ~..| 86,961] 22,821 Savannah '......'..'....1 48.032 ; 31.341 Charleston ...j 6.322 ! 6.423 Wilmington ,j 7,417] 9,856 Norfolk | 17.847| 14,172 New York .....I 1J5,230 | 80,500 Other ports | 26.269' 11,527 ~TotarTTT ~~| '496,383 ; 326,830 COTT ON INTO SIGHT. Healer'* Flgurr* Show* 77,0,121 Rule* for Week Just Closed. New Orleans, May 17.—Secretary Hes ter's weekly New Orleans Cotton Ex change statement issued to-day shows tfiat the amount brought Into sight dur ing the past week has been 77,053 bates, against 55,033 for the same seven days last year. The total movement for the 268 days of the season from Sept. 1 to May 17, in clusive, Is 9.546,191, against 1.711.647 last year. The movement since Sept. 1 shows re ceipts at all United States ports 6,997,460. against 6.433.627 last year; overland across the Mississippi, Ohio and Potomac river* to Northern mills and Canada, 1,004,101, against 1,116.368; interior atocks in excess of those held at the cloaa of Hie commer cial year, 373,371. against 54,331; Southern mill takings, 1.170,559, against 1,222,983. Foreign exports for the week hove been 101.221. against 67.378 last year, making the total thus fat for the season 5.770.623, against 5.406.292 lasi year. Northern mill takings and Canada dur ing the past seven days show an Increase of 5.596 as compared with the correspond ing period last year. Stock* at the seaboard and the 29 lead ing tlouthern interior cantars have de creased during the week *2,063 bales, against a decrease during the correspond ing period last season of 46.134. Including stock* left over at ports and interior towns from last crop and th* num bar ol bales brought into sight thus Ur for the ntw crop, the supply to det* la ESTABLISHED 1673. HENRY BEER. BERTRAND BEER. EDGAR H. BRIGHT. H. & bTbeer, Cotton f Merchants, NEW ORLEANS. Members of; New Orleans Cotton Ex change, New York Cotton Exchange and Associate Members Liverpool Cotton As sociation. Special attention given to the execution of contracts for future delivery In cotton. 9,668,735, against 9,337,545 for the same pe riod last year. WORLD’S VISIBLE SUPPLY. Secretary Hester'* Weekly Cotton Statement. New Orleans, May 17.—Secretary Hes ter's statement of the world's visible sup ply of cotton shows the total visible to be 3.458,128, against 3,556,071 last week, and 2.- 583,906 last year. Of this the total of American cbtton Is 2,374.128, against 2,492,- 071 last week, and 1,928,D09 last year; and of all other kinds, Including Egypt, Bra zil, India, etc., 1,084,000, against 1,064,000 and 655,000. Of jhe world’s visible supply Ihere Is now aflqat and held ip Great Britain and in Europe 1,178,000. against 1,168,000 last year; In Egypt, 177.000, against 132,000 last year; in India, 581,000, against 225,090, and in the United JStates, 944,000, against 519,- 000. DRV GOODS. New York, May 17.—The market con tinues quiet here for all descriptions of cofton goods and without quotable change in price. Print cloths Inactive. Fall Riv er manufacturers held’ a meeting to-day without decisive' result. Prints easy; ginghams steadyr Linens and burlaps in active but firm. NAVAL STORKS. Friday, May 17. SPIRITS —The turpentine market open ed firm to-day at Sl%o, with sales of 882, and closed firm and unchanged, with clos ing sales of 1,155. Up to the present there is apparently no material let-up in the demand, whieh gives excellent support to the market. The tendency throughout the week has been for better prices. Re ceipts to-day 382, and the exports 1,155. ROSINS—With but few changes, the rosih market closed about as yesterday. Grades I and W. G. closed 5e higher. Sales of 2,00* were reported at this level. The demand continues good. All week supplies have been snapped upon a stead ily rising basis, each lot bringing a l\igher price than t!>e one that preceded It. To-day’s receipts were 3,813 and' the exports 2,600. 1 Quotations—At the dose of the market to-day the following quotations were bul letined at the Board of Trade: Spirits Turpentine—Firm, 31%c; sales, I, Rosin—Firm; sal \ 2,008. , Prices as fellows: A, B, C *1 10 I 31 80 B 1 15 K 205 B 1 20 M 2 35 F 1 25 N 2 70 G 1 30 W G 3 00 H 1 56' tV W 3 20 Same day last year: Spirits at 49c bid; sales, 511 casks. 1 Rosin—Quiet; sales, none. A. B, C 31 15' f . 31 50 I> ■.... 11$ K 1 60 K 1 20 M ,*. 1 75 F 1 23* N ...., 2 05 G 1 30 W. O. ...1 2 25 H 1 46 IV. W 2 45 rHi- Rrceipts -Past Week. _ 'r. >22- '—t t •. Exports Past Week— (Spirits.! Rosin. Receipts past week.,..,. | 9.897 ; 20.874 Same week last i year j 10.1471 18,037 Exports last week | 5.472, 11,335 Same week last year ....j 4.030] 11,082 Movements — New York ...ip 6641 1.064 Philadelphia ] 204| 1.250 Baltimore ~.| 185i 7)170 Various ; j 858; 1,851 London ~..| 3,5611 Total exports | 5,472] J 1.333 Receipts nti.l Stock*. Receipts shipments and stocks from April 1. 1901, to date, and for the corre sponding date last year; 1901-1902. Spirits. Rosin. Stock April 1, 1901 5.705 135.841 Received this week 9.897 20,874 Received previously 34,761 85.332 Total 5P.363 242,047 Exports— Foreign 25,396 94,82.8 New York 8,243 8,145 Coastwise and interior.s,7oß 3J.474 Total ~......’..,,...39,342 188,417 Stock on hand this day 11,021 103,600 1900-1901. Spirits. Rosin. Stock on hand, April 1, 1899 2,197 142,500 Received this week 10,147 18.037 Received previously ...34,737 67,350 Total 47,081 227,893 Exports— Foreign 10.469 98,400 New York 7,779 6,910 Coastwise and interior 9,847 21,085 Total ~..38,095 126,395 l Block on hand 18,986 101,498 Charleston, May 17.—Turpentine firm, 3114 c. Rosin firm, salts 100 barrels. U, C, M. 05; D, $1.10; E, |1.15; F, SI.JO; Q. $1 25; H. $1.40; I, $1.55; K. *1.90; il, $2.20; N, $2 60; W G, $2.80; W \V, $2.55. Wilmington, May 17.—Spirits turpentine firm, 31 , 1.31 Vic; receipts 75, Rosin firm, $1.0001.60; receipts 667. Crude turpentine quiet, $1.1002.10; receipt* 61. Tur firm, $1.25; recelps 225. New Orjeans, May 17.—Receipts, roeln, 212; turpentine, 9CI. Exports none. New York, May 17.—Petroleum weak. Rosin quiet; strained, common 4o good, 11.5C01.52V4. Turpentine steady, 34V4035c. FINANCIAL. MONEY—Money plentiful FOREIGN MARK E3TH—Market dull and easy Commercial demand, $4.1714; “MONARCH” -AND “RELIABLE” Leather Belt. DOUBLE AND SINGLE. •BFBCIAL SEAMLESS STITCHED.’’ •’DOUBLE DIAMOND.’’ "CARBON." RUBBER BELT. A large atock of the abov* good* on hands all the time. GEORGIA SUPPLY CO., ‘•Everythin! in Mill Suppliei,” It* Bey It., YTeet. Both rhoee* I*9* sixty days, 84-84; nlnedy days, 34.82 H; francs, Paris apd Havre, sixty days, 3.1994; Swiss,-sixty days, 5.3H4; Belgian, 5.20 H; marks, sixty days. 948*; ninety days, 94 7-16. DOMESTIC EXCHANGE Steady; banks are buying at 1-16 discount and selling as follows: 325 and under. 10c pre mium; 325 to 350. 15c premium; 350 to SIOO. 20c premium; 3100 to 3200, 25c premium; 3200 to 31,000, >4 premium; 1,000 and over 75c per M. > SECURITIES—The market ts very quiet and dull, excepting a hardening tendency In Central Incomes. Stocks, Bid. Ask. Augusta and Savannah R. R. ..115 116 Atlanta and West Point 159 do 6 per cent, certificates 108 110 Augusta Factory 79 81 Citizens' Bank 141 142 Chat. & Gulf R. R .stock 107 110 Chatham Bank 99 101 Chatham R. E. & I. Cos., A .... 55V4 5814 do do B 541* 553* Eagle and Phoenix Mfg. Cos. ..100 101 Edison Electric Ilium. Cos 109 Enterprise Mfg. Cos. 100 103 Germania Bank 132 134 Georgia Railroad, common 233 234 Granttevllle Mfg. Cos 163 167 J. P. King Mfg. Cos 99 101 Langley Mfg.'Co ..ill 113 Merchants’ National Bank ......124 125 National Bank of Savannah ...158 160 Oglethorpe Savings & Trust Cos. .112 113 People’s Savings and Loan 100 162 Seaboard, common 25 26 do preferred 43 44 Southwestern Railroad Cos ......115 116 Suvannah Gas Light Cos 22 23 Southern Bank 162 164 Savannah Biihk 41 Trust 127 126 Sibley Mfg .Cos,. Augusta 80 81 Savannah Brewing ~ 100 105 Roit tie, Bid. Ask. Char., Col. & Aug. Ist 3s, 1909 110 113 Chat. & Gulf R. R. 5 per cent. Ist mortgage ins 104 Atlanta 4s. 1923 ..,105 107 Augusta City 4s, 1927 104 106 do 434*. 1925 ill 112 do 7s.' 1903 105 do 6s. 1913 120 122 Ala. Mid. ss, lnd’d 1938, M. & N..107 108 Augusta Fact'y 6 per cent., 1915—109 111 Brunswick & Western 4s, 1928,... 87 88 C. R. R. & Banking collateral 6s. ex-coupon 10034 10134 C. of G. Ist mortg. ss, 1945, F. & G 130 12134 C. .of G. can. ss. 1945. M. & N. ex-coupon 103 104 ,C. of G. Ist incomes, 1945 68 69 do 2<l incomes .... 2734 2834 do 3d incomes, 1945 15 16 C. of a. (M. G. & A. Div.), ss, 1947. J. & J 10234 W 534 C. of G. (Eatonton Branch) ss, 1926, J. & D „.10S 10334 City & Suburban R. R. Ist 75....109 110 Columbia City ss. 1909 lu6 107 Columbia Power Cos., ss, indorsed by Bibb -Mfg. Cos. of Macon ...101 103 Charleston olty, 4s. 1909 99 101 Eagle & Phoenix Mills 6s. 1928 .106 108 Edison Electric Illuminating 65.. 108 109 Enterprise Mfg. 6s, 1902 101 103 G. R. R. 6s, 1910 115 116 G. S. & F., 1945. J. & J 114 115 Georgia & Alabama, cons, os 108 109 Georgia state, 3>4t, 1930. J. & J... 108 109 do 334*. 1915, M. A N 105 106 do 4365, 1915 118 119 Macon City 6s, 1910. J. & J 117 119 do 434a, quar. gen 109 Geean Steamship ss, 1920 105 108 Savannah city, 6s, quar, July, 1913 10834 10934 da ss, ijuar. August. 1909 10734 M 834 Seahpard 4s 83 84 South Carolina state, 4345, 1933..11334 115 Sibley Mfg. Cos. 6s, 1903 102 104 Smith Bound 5s ...107 108 S., F. & W. gen. mt’ge Ha, 1934. .127 do do Ist ss. gold, 1934 ,116 do St. John Dtv. Ist, 4s. 1934 .. 96 97 MONEY MARKET. New York, May 17.—Money on eall firm. S34D3e per cent., last loan 5 per cent., ruling rate 434 per cent. Prime mercantile paper 4'4 per cent. Sterling exchange firm with actual business Ih hankers’' hills at $4.88 for demand, and at $4.8494®4.86 for sixty days. Posted rates $4.8534 and $4.89, Commercial bills $4,838)04.84(4. Silver cer tificates 60c. Bar silver 6984 c. Mexican dollars, 4834 c. Government bonds weak. State bonds weak. Hallroad bonds firm— er STOCKS AND BONDS. Market Strong and Advances 9core<l All Tlirnuisli tin. List. New York. May 17.—The fever and nervoutnrss were practically ail gone out of the stock market to-day. There whs a really impressive demonstration of con fident strength, which was somewhat In termittent and spotty In the early deal ings, but which grew and broadened with the progress of the day and closed with a buoyant outburst which rectified the days of the early period of the late boom. The strength in the market wus prin cipally based on general conditions, but there were besides an unusually large number of slocks influenced by individ ual causes. The aggregation of the strengthening influences was a potent factor in Its sympathetic movement In the local tractions wus due to the inau guration of the underground trolley on additional fines of the Metropolitan Street Railway and estimates o( the benefits to result to the Manhattan system from the Use of tire electricity. Sugar wus affect ed by reports of an agreement lYlth the coffee interests and wus heavily bought for Boston speculative account. Expec tation of a melon-cutting helped Consol idated Gas. A reported eettlemem with the city authorities giving assurance against interference was the cause of the Strength of People's Gas. The better pros pect of a settlement with the machinists nnd the progress of measures towards re newed organization of the United States Steel Corporation aompanics Indicated by the election of new directorates inducted buying of the United States steel stocks, llepoits of large deposit* of atock In as sent to the proposed exchange with Amalgamated Copper explained the dc. mand for that stock. There wus talk of closer relations ' bet ween the American and Continental Tobacco compdnl*. The Pennsylvania Railroad ' was said to be perfecting Its control of subsidiary cosl carrying roads. Such individual causes of strength might be considerably ex tended, but enough has been said to ins dlcate the character of some of the market's strength. Gain* all the way from 2 to 10 points are shown by an extended fist of stocks and their last prices were practically at the top. Owing to the heavy receipts from the Interior, the banks are expected to ahoiy an effect on the market. Broudly con sidered the general feeling that priors were On a aafOr level by reason of the Inflation let oOt of them while the busi ness condition* of th* country and the earning power of propertlee were unim paired, enMhraged the' buying. The evi dence that forced liquidation growing out of the panic had been completed is thought to leave the way open for re newed advance. Tha Indications for to morrow's bank statement were of aucb a strong recuperation that tome pres sure to lend money seemed a probability not far In the future. It should not e - capa notice, however, that the principal buying of th* day came through Ihe same channels as that which marked the leaderahtp of the recent bull speculation Into Its last stage*'of excess. The opera, lions were supposed In Well street 10 be Inspired in the Interest of the great com bination Of capital whose measure* of consolidation have produced a crop of new securitise which remain to be suc cessfully marketed to insure’ the reim bursement of the expenses of those con solidations. The botlef tn the settlement of the Northern Pad Ac controversy Is felt u> offer assurance of a more effective neulralzatloi] of Ibo whole Western Rail- rfh Southern 3 ”viiV > Railway. Trains arrive and depart Savannah on 90th meridian time—one hour slower than City time. Schedule in Effect April 7, KOI. TQ THE EAST. | Daily | Daily | No. 34 | No.£6 Bv Savannah (Cent. Time) |l2 55pm112 80am Ar Blackvilie (East. Time)j 4 25pm| 4 28am Ar Columbia •• j 6 15pm| 6 10am Ar Charlotte ” | 9 20pm; 9 45am AMJreensboro " jll 46pmjl2 23pro Ar Norfolk " P8 _ aoara[ 77. Ar Danvide " jlj 51amf I_3Bpm1 _ 38pm Ar Riehmolui " fg OOam| 6 25pra Ar Lynchburg " I 2 40amj 343 pm Ar Charlottesville •• | 4 35am| 5 35pm Ar Washington ” | 7 35amj 8 50pm Ar Baltimore j 9 15a ill ill 25pm Ar Philadelphia ” |ll 35am| 306 am Ar New York •• | 2 03pm| 6 13am Ar Boston ” | 8 20pm; 300 pm ¥5 Till; NORTH AND WEST. Lv Savannah" (Cent. Time) |l2"*m Ar Columbia (East. Time) | 8 20am Lv Spartanburg ” |U 80am Lv Asheville (Cent. Time) i 2 40pm Ar Hot Springs ’• 4 02pm Ar Knoxville ’’ 7 20pm Ar Lexington ’• 6 00am Ar Cincinnati " 7 45am Ar St. Louis '* 6 OOpra Ar Loulevllia ” 7 60am Trains arrive Savannah aa follows: No. 35 dally from New York and Wash ington. 5:00 a. m. No. 33 dally from New York and Wash ington, 3:05 p. m. All trains arrive and depart from the Plant System station. THROUGH CAR SERVICE. ETC. Trains 33 and 34 daily NEW YORK AND FLORIDA EXPRESS. Vestibule.! limited trains wiih Pullman drawing room sleeping care between Savannah and New York. Connects at Washington with Colonial Express for Boston. Pullman sleeping cars between Charlotte and Rich mond and Charlotte and Norfolk. Dining cars serve ail meals between Savannah and Washington. Trains 35 and 36 d*llv. THE lINITF.D STATES FAST MAIL, Vestibuled limited trains, carrying Pullman drawing room sleeping oars between Savannah and New York. Dining cars serve all meals be tween Savannah and Washington. Also Pullman drawing room sleeping cars be tween Savannah and Cincinnati, through Asheville, and "The Land of the Sky." For information as to rages, schedule*, etc., apply to F S, GANNON. Sd V. P. and G M 8 H. HARDWICK, G. P. A . Washing ton, D. C. W. H. TArLOE, A O. P. A.. Atlanta. R. C. BLATTNKR. Depot Ticket Agent, Plant System station, Savannah, Oa. JAS. FREEMAN, C. P. & T A.. Savan nah, Ga. t 141 Bull street. ’Phone 860. road territory than has ever before beep known. The prominence of the stocks of the railroads in that region was due to this cause. There were very delinite report* afloat that a dividend on Missouri Pacific at the rate of 5 per cent, was ail early probabUity. The gain 111 cash in to-mor row's statement of nearly $5,000,000 after allowing for gold ex|>orts. This promise neutralised the effect of the falling due oil Monday of the third Instalment on l'll lon Pacific bond subscription, involv ing $10,000,000. The bond market was broad and prices were well sustained. Total sales, par value, $3,465,000. United States 3s, declin ed Q per cent, on Die last cull. The total sslps of stocks to-day were 983,300 shares, including Atchison. 40,700; do preferred, 22,400; Chesapeake and Ohio, 11,600; Chicago, Burlington and Quincy, 12.900; Erie, 62,100; Illinois Cen tral, 6,100; Louisville and Nashvlle, 13,- 100; Manhatan, 31,300; Metropolitan Street, 26,300; Missouri Pacific, 49,300; New York Central 7,000; Onturio and Western, 13,200; Pennsylvania, 13,800; Reading, 5,800; Read ing first preferred, 8,700; do second pre ferred, 10,700; St. Paul. 30.100; Southern Pacific, 22,100; Southern Railway, 16.200; Texas and Pacific, 17,100; Union Pacific, 55,2 M); Wabash, 16.600; do prefererd, 9,700; Amalgamated Copper, 23,100; American Linseed preferred. 8,100; American Tobac co. 32.800; Brooklyn, 36,500; Continental Tobacco, 14.1(81; National Lead. 7,100; Peo ple's Gas, 38,200; Sugar. 68,900; United Slate* Steel, 48,200; do preferred, 28,300; Chicago and Alton. 7.100; Mexican Nation al. 6,90(1; Toledo, St. Louis and Western, 6,900; do prefererd. 7,000; Consolidated Gas, 5.00U:-Intel nulloiml Power, 5,600; Republic Steel, 6,000. New lurk Slock and Ho ml I.l*l. Railroad Stork*. Atchison 77%1N. A W BOH do pref 97%| do do pref .... 87% B. & O 10OV,(N. Pacific 145 do do pref .... #2 ] do do pref .... 98 Can. Pacific ...104%0nt. A West 32% Can. South 66%' Pennsylvania ...140% C. & O 486*; Reading 39% C., B. A Q 197%j *> 18l Pref 7489 C-. 1. A L 32 ! do 2nd pref ... 51% do do pref .... 60 |Bt. L. A S. K.. 40 Chi. A K. 111....121 | do do Ist pref. 80 (fill. A- Northw.l99l4l ,io 2 ' ,<J rref. 66% C., R. I. A P...1u11s St. L, Southw.. 52'4 C. C. C. A St. L. 79%| do do pref 6114 Col. South ...,. 13V4ISt. Paul 161% do do Ist pref. 47%| do do pref ....186 do do 2nd pref, 21%' ti. Pacific 4884 Del. A Hudson.. 1621418. Railway 29% D. L. A W 713 I do do pref .... 8214 Den. & R. U.... 47 T. A P 4514 do do pref .... 93 |U. Pacific. IOT% Erie 37V do do pref .... 9194 do Ist pref ... 87%( Wabash 20% (It. North, pref. 178 | do pref 38% Hock. Valley ... 61 Wheel. A L. E,,. J 7 111. Centrul 137%( do do 2nd pref. 29 la Central 'llia Wl*. Central 2014 do do pref (3) do do pref .... 4384 L K. A VV 54 Chi. Ter 23 do do pref ....119 do do pref .... 44 L. A N 102% C. A A 3914 Man. L 114 do do pref .... 80 Met. St. Ry .... 168141 C. G. VV 2084 Mex. Central ... 25 \ do do pref .... 78 Minn. A St. L.. 92)41 Erie 2nd pref... 63 Mo. Pacific 106% | Hock. Val. pref. 75 M , K /t T 26% Mex. Nat 11 do do pref .... 56% TANARUS., St. L. A W. 20 N. J. Centrul ...157 do do pref .... 35% N. Y. Central ~.152%P. C. C. A St. L. 73 Express Stocks. Adams 175 Itlnlted States.... 79 American 190 | Wells Fargo HO Miscellaneous Stocks. Amal. Copper ..116141 Glucose Sugar .. 6814 Am. Car. a F... 241 a Int'n'l Pai>er ... 22% do do pref .... 79%| do do pref .... 76% Nat. Salt 48 Jaiolede Gas .... 83 do do pref .... 76 |Nat. Biscuit .... 42 Union 4Vg 12% Hat. laud 18% do do pref .... 8814'N. American ... 83 U. 8. Steel 44% P. Coa*t 56 do do pref .... 93%f. Mall 34% ('on. Oa 220 (People'* Gan ...114 Hock. Coal 19 jP. Steel Car 44% Int’n'l Power ... 96 S do do pref 86% Rep. Steel 19!4|Pyll. Pgl. Qar ...200 do do pref .... 74%!Sugar 147 /vm. S. A F se%;Tdnri. a. A Iron. 67% do do pref .... 96 (11. 18, Leather... 12% Am. Tobacco ...127 ] do do prof .... 76V* Ana Mini C 0... 47%(U. 8. Rubber.... 29% flrook R. T 76%; do do pref .... 61% Udl. F. A 1 92%|W. Union ... ...92% Con. Tobacco .. 65%‘Ain *.lri. 0i1....; 2u% do do pref ....197%( do do prt'f i..v61 Gen. Elec ..... 221 Bond* U.. 2*. ref.neg.lo6l* N. V. C. lt 107% do cou 1061*| N. J- C. *<llls*l32'* do 3*, reg 109 I No. Pa. 3a • 71% do 3a. cou. ..109 | do do 4s ......10514 do new 4*,r*g.128 M. AO. 4s t.r.. 95% do new 4a,c0u.128 |N. Y , C. A St. do old 4s, reg,ll3%' L- 4s 107'j do old 4*. cou.ll3'4|N. A W. c0n.4r.10014 do 6s. reg. ...106%iOre. Nav. late, 109 do ss, cou. ...106% do do 4s ........101 D. of C. 365 k ..125141 Ore. • D, 6* .128 Atch. gen. 4s ..U)2%j do do con. 5e...U8 do udjt. 4a .... 94 Read. Gen, 4a .. 95 C. of O. c0n.5..103 |R. G. W. Ist* 100% do Ist Inc. bid. 68 I St. L. A Hr. M. Plant System of Railways. Trains operated by 90th meridian time-. Odo hour slower than city time. Departures from Savannah. SOUTHLAND WEST. No. 23* New York and Florida Express 2:30 a. m. No. 63* Fast Mail 5:10 a. m. No. 35* Florida and West India Limited 7:46 a.m. No. 33* New York and Florida Fast Mail S;l4 p. to. No. 25* Local 6:00 p. m. "north and EAST. ' No. 78* New York and Florida Express 1:45 a. m. No. 6t Local 6s<a. m. No. 89 Sunday Excursion 7:15 a. na No. 32* Florida and West India Limited 1:06 p.m. *'*°- lu 9 Sunday Excursion 6:45 p. ra. •Dally. fDaily except Sunday. {Sun days only. . , Connection at Jacksonville with Florida L?. S u S 0881 " fl t Miami and Port Tampa wsth Peninsular and Occidental Steam ship* for Key West and Havana. Connections at Waycross for Thomaa vllle and all points west. Connection* at Jesup for Brunswick. Connections at Charleston with Atlantis Coast Line for all points East. Pullman Sleeping Cars on limited and express trains. For detailed information call at Ticket Office. I)e Boto Hotel. Savannah. WARD CLARK, City Ticket Agent J H. POLHEMUS. T. P A. B. W. WRENN. Pass. Trafflo Manage*. ljfP£ % RVeoy Schedule Effective May 6,19 m. Trains arrive at and depart from Cen tral Station, West Broad, foot of Liberty street 90th Meridian Time—One hour slower than city time. Leave Arrtv*~ Savannah; Savannah. jAugusta, Macon. Atlanta.! *8 45amj Covington. Mllledgevllle, *6 00pm Americus, Albany and in termediate polns. Augusta, Macon, Atlanta, Athens, Montgomery, co *9 00pm lumbus, Birmingham, Am- *7 Mu* erlcus. Albany, Eufaula and Troy ; 5* OOprn Dover nnd Statesboro ||7 itara accommodation. | 12 oOpm| Guyton Dinner Train. ||4 50pm fio hhpm| Ouyten accommodation ||6 99am BETWEEN SAVANNAH AN Standard (90tli meridian) lime, on# hour slower than Savannah city time. LEAVE SAVANNAH. Dally—9 a. tn., 2:30 p. m., 4:20 p. m , 7:os p. m. LEAVE TYBEE. Daily—6:4s a. m., 10:00 am., 6:46 p. m., 9 .00 p. m. * Dally, jj Except Sunday. Connections made at terminal point# with all trains Northwest. West and Southwest. Sleeping cars on night train# between Savannah and Augusta, Macon, Atlanta and Birmingham. Parlor curs on day trains betwaen Sa vannah, Macon and Atlanta, For complete information, schedules, rates and connections, apply to W O BREWER, City Ticket and Fa*- renger Agent, 107 Bull street, or W. R. MoINTYRB, Depot Ticket Agent. J. C. HAILE. General Passengar Agent. E H. HINTON, Traffic Manager. THEO. D. KLINE, General Superin tendent. Savannah. Oa $37.10 & $36,45 (SEASON) (16 DAYS) SAVANNAH —TO— BUFFALO —VIA— SEABOARD i AIR LINE RY. : The Shortest and Most Direct, : with choice of several routes. TICKETS NOW ON SALE. for farther iufnrmattow, tickets, etc,, call on or write WM. BUTLER, JR„ Division Passenger Agent, Xavannab, Gs. Office, null and Hryma slreata. PHONE 2H. (to 2nd Inc. ... 27 | con. Ss 114% Can. Uo. 2nda. jSt. L. Sc 9. K. ofd 106% ■ *en. t 133 C Sc O. 4Vs ....100 iHt. P. cone 199 do do 5a 11*% t. P., C. & P. C. * Nw. con. I lata < ....11* 7. 141%! St P., C. Sc P. do do 8. K. | 6 U% Deb. 5a 120%' So. Pa. la *2% Chi. Term. 4 .. *B%;So. Ky. Si -110% Col. So. 4a .... 87 |B. Hope *T. 6a. 58 D. Sc R. O. 4*.101%|T. & P. lat ..11* Krle CJen. 4 ..87 ; do do 2nda ....lflo K. W. & D. C. | Un. Pa. 4 105% lata 109 |Wabah lta ....117 Gen. Elec. 65..18.-%; do 3nda V lnwo Cun lata .117 (Went Shora 1. L Sc N. Units 102%; offered 113% Mo., K. Sc T. Wis. Can. lata . *,'* 2ntia 81%: Va. ■ Centuries .. 9! do do 4a 98T4| New York, May 17 —Standard Oil, 7*6 4*805. Baltimore, May 17. -Seaboard common 21 Seaboard preferred 44%; Beaboard band! 4a. 7#%. Failure on l.ouilon 'lhanir. Dondon. May 17—The suspension of Charles Kelman waa announced on the Stock Exchange to-day. The failure it not Important. Cold Exports From New York. New York. May 17.—Ooldman. Sacha <• Cos. will ship *250,000 gold coin to Holland to-morrow. MISC K1.1.AN8019 MARKETS. Note -These quotations are revised dally and are kept aa near am possible In accord with the prevailing wholesale prices. Ofll contlnuad on ElgMh Page. 9