Newspaper Page Text
review of markets
NAVAL stores close higher.
t POT COTTON QUET AND IN LIGHT
DLM-VNU at THE DECLINE.
V
Higher Receipt* and Good De
mand Carries Spirit. Upward-New
VorU Stock. Dnll and Lower-Lo
| cal a nd Telegraphic Market*.
The Morning News Office,
Friday, Aug. 2.
Thc feature of the trade week from a
local standpoint was the stiffening ten
* ' in the naval stores market,
r hifh carried prices upward through-
;Vh.e week, with the closing showing
°tcntial gains in both spirits and
' in Turpentine closed firm, 33%c hid,
wiVh the demand satisfactory. Cotton
ruled ouiet most of the time, owing to
the extreme indifference of the demand,
* hich caused prices to sag. Savannah
. po ts dropped %c to-day. The trade are
anticipating the bureau report on Mon
(l‘v which will undoubtedly have an
important bearing upon the situation.
To-day's closing of futures at New
Tork was steady at an advance of I@s
points.
The New York stock market again
close d dull, with the demand for se
c '-jties light. The local wholesale mar
kets closed steady. The following re
sume of the markets will show their
ior.e and quotations. at the closing to
jday; i __________ '
COTTON.
1 Little was doing Ift the cotton market
I during the-past week. Following the
l light demand and the yielding tendency
| shown by the futures market at New
I y or k spots closed quiet at a decline of,
i , sC to-day. Week's receipts 3,446 up
| lands and 14 sea islands, and the, ex
| prts 7,700 uplands, and 490 sea' islands.
in the f.o.b. market some, business was
f done to-day on a basis of B%s tor fully
good middling, and B%c for good mid
(l R g, Cotton futures steady, l#o points
; higher.
’ The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
This! Last
day. |year.
Good middling ...8% 19 15-16
Middling . 7% [9%
Low middling 7% |9%
Good ordinary |6% |B%
Market quiet; sales 80.
Receipt* and Export*.
Sea.
Upland. Island.
Receipts past week 3,446 . 14
Same week last year .... 4,112 . ......
Particulars of Receipts—
Central Railroad .......... 2,316 1
S, F. and W .....V.: 203 2
Charleston and Savannah. 103
Southern Railway ...1.... 318 ",
Seaboard Air Line 506 11
Experts— _ ,
Exports last week 7,700 490
Saitie week last year ...... 2,674 31Q
, Movements —
■ &ft(m0re'...1:V........ r 210
New York 1,451 390
Phi1ade1phia............... 87 .....
Inland 28 100
Mills 124
Genoa 700 '
Lisbon 5,100
Stock on hand and 5hip5.16,917 867
Same time last year 12.223 3,300
Receipts. Exports and Stocks—
Received this day ‘ 304
Received same day last year .... 72
Same day year before last.. 25
Receipts past week
Same week last year „ .... 4,112
Same week year before last.... 272
Received since Sept. 1, 1900 1,083,881
Received same time last year ..1,081,511
Exports Past Week-
Exports this day. coastwise .... 60
•Exports past week, coastwise .. 2,390
Exports past week, continent .. 5,800
Exports past week, France .... None
Exports past week, Great Britain None
Total exports last .week 8,190
Exports Since Sept. 1, 1900—
To Great Britain 174,118
To France 23,899
To the continent 555,609
Total foreign 737.411
Total coastwise 325,656
Total exports ....1,075,249
Exports Same Time Last Year—
To Great Britain 181,474
To France 39,328
To the continent 499,902
Total foreign „ 720,704
Total coastwise 363,734
Total exports 1,084,438
Mock on hand this day 17,784
stock same day last year ;. 15.451
Receipts and Stocks at All Ports—
this day 3,040
this day ] ast year 2,739
this day y ear before last 850
R r eipts past week 23,024
‘ame days last year 16,640
A ar . before last 6,868
c*5 e ' r ’ ts inco Sept. 1, 1900 7,444,172
W tlme last year 6,490,965
' lme year before last ....8,314,197
Ptori at all ports to-day 334,157
• < Ks ame day , ast year 120,238
J P. aily Cotton Market—
'•tock'n' News-Wet, 271; gross, 271;
-, Galea . Exports—Great Britain, 81.
ii. lllton-Quiet; middling, 8; net,
W n E ' 512 ' etocß. 43,896.
r middlin it. 7%; net,
L’rot? N 162; Baleß - 130; stock. 14,947.
l o t f —coastwise, 97.
, alt ‘More-Nominal; middling, 814;
~ , s -, eross . 162; stock, 2,855. Ex
n,“ttinent, 103.
•{/ middling. 8,1-16; net,
t in Export^—Great Brl
ri';' cnington-QuiPt; middling, 8%;
Phil' f r . OSB - 2; stock. 2,323.
r middling, 8 5-16;
*.•..... 6 ™ BS * s °: stock, 1,592.
f i -rrl‘ h ;;? uiet: *W<JHng. 7%; net.
.Expoit? X 304: sales - 50; stock, 17,784.
' \>V OH oa!,tWlße ' 60 '
net ic/ins—Steady; middling. 8
Mock 70 K,* 5: ® ross * 5: sales. 650;
cuntlne nt ' ni Ex Ports-Coastwise, 600;
■ S,0 ‘R *: net. 3;
8 'i. n ’rV f; ~ <^ uie t: middling, 8: net, 28;
A.n±*; R A le .*' 100; "tock. 25.595.
• 2 sn',t mldd ling. 814; net.
Chnrv " ak,s ' 22; stock. 10,013.
Work 2?. N#t ’ 807: * roßß - 8071
3 arose middling. 814; net.
L , • sales. 25; stock. 5.470.
£ • net. ouiet; middling,
® • Sross, 18; sales, 26; stock.
middling, 8; net. 200;
Houston * tory - 4fl -45.
9 c -s or middling, 8; net,
•\n v’ork 16 °- Bt °ck, 6,244.
.. r " '' gross'^* ; m ‘ddlir.g, 8 1-16;
3'1.578. F .”' 3,ls i : sales, 5.306; stock,
K -nfaeni X , P vr t Franc *- 743.
Total t 300; gross, 200.
,n| h i>.r Net ' 3,040: Grettt Brl *
,l <*k. .'t.?4,i]i7 ra ' nc ®' 945 : continent. 234;
! a| h’ r T,(i50 a i?A~*[!? t l 23,024; Great Brl
®Jl ranee, 2,613; continent. 29,-
*? pt ' i-Net. 7,444.172;
con tinent, 2,645,40} U77i Fr ‘* nc *' M;-
MURPHY & CO., INC.,
Board ot Trgds Building, Savannah.
Private leased wires direct to New
lork, Chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
New York Office, No. 61 Broadway.
Offices in principal cities throughout
the South. Write for oi*r Market Manual
and book containing instruction for
traders.
>EA ISLAND COTTON.
Receipts and Stocks— [I9OO-01. 1899-00.
Receipts past week ... none none
Exports past week 1 490 310
Receipts this season 64,761 72,263
Sales past week none 20
Stock on hand 867 3,300
Charleston. Aug. 2.—Sea Island cot
tori quotations unchanged;, receipts
none; exports 154; sales 63; stock 394.
COTTON FUTURES.
The Market Clo*.-<l Finally Steady
I@s Points Higher.
New York, Aug. 2.—The cotton mar
ket started off steady in tone with
prices 1 to 6 points higher and • ruled
generally firm all day on scattering de
mand from • the room contingent and
spurts of buying for outside account.
The cables were-fully- 1 point better
than expected and English buying in
the fall months was something of a
feature during the first hour. New Or
leans buying in the local pit was a
feature of the day’s operations. Soon
after the cal! a commission house pur
chased 5,000 bales October and 5,000,
bales December, pit. traders selling
this cotton, much of it short, on the
theory that a reaction would follow
the first hour's trading. But while
there was slight reactions from time
to time the general course of the mar
ket was upward. The weather reports,
public and private, indicated contin
ued drought over the central and
western belt and the forecast for to
night and to-morrow pointed to clear
conditions generally. Moreover, bulls
here were encouraged by heavy de
mand for spot cotton, sales in the open
market reaching 5,356 bales, with ru
mor having it that some 3,000 to 4,000
bales more had been quietly done be-:
tween Fall River spinners and the peo
ple who took August cotton on con
tract. Crop reports were, mixed. Re
ceipts at all points were again small.
The market was finally steady with
prices net 1 to 5 points higher.
FLUCTUATIONS IN FUTURES.
New York. Aug. 2. —Cotton futures
opened steady at the advance and
closed steady. Prices as follows:
| Open| High| Low Close
January T. 45 | 7.46 7.43 7.44
February 7.47 7.45 7.45
March 7.48 7.48 7.47 7.47
April 7.48
July 7.43
August j 7.25 7.26 7.25 7.25
September 7.30 7.31 7.28 | 7.31
October 7.38 7.38 7.34 j 7.37
November 7.39 7.40 7.37 I 7.38
December 7.40 7.41 7.39 j 7.40 b
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 2.—Spot, moderate
business; prices higher; American
middling 4%. The.sales of the day
were -7,000 bales, pf. which 500 were for
speculation and export and included
6,300 bales American.
Receipts 4,100 bales,' iacludlng ;'4iloo
American. Futures opened . quiet and
closed Steady; Ametica.i) middling, L
m. c.: August, 4-60d, buyers; August-
September. Septernber, 4.17@4.18d, buy
ers; October, g. o. c., 4.09@4.10d; Oc
tober-November, 4'oßd, sellers; 'Novem
ber-December* December- January,
trtTTd, seller-?; January-FebrUatX 4.07d j
buyers; February-March, 4.'u7@4.08d,
buyers; March-April, 4.08@4.09d, sellers.
HEW ORLEANS COTTON MARKET.
New Orleans, Aug. 2.—Cottqn fu
tures closed quiet and steady.
August ..7Jto@7.Ss|December 7,28@7 J 27
Sept, ,7.38@7.40j January .. ,7.28@X29
October ..7.24@7 26] February" 32
Nov. .....7.25@7.26|March ....7.33@7.35
Murphy X Co?a Cotton letter.
New York. Aug. 2.—Prices in the cot
ton market this morning advanced 3 to
5 points on very small transactions, and
a lack-of interest pending further de
velopments in Texas where fair weath
er preyailed as a rule excepting at
Palestine, and Kerryville, where re
ports indicated good rains, while the
government forecast for the state Was
for fair weather to-night a.nd to-mor
row. Cables were quiet , and satisfac
tory at our opening, arid helped the
early advance. Some Texas private ac
counts indicated' only one-fifth of a
bale where last year they raised half
a bale. Sellers were quite cautious,
and it was noticeable that people who
have been pinning their faith In a big
crop were advising the avoidance of
short selling, and expressing the be
lief of the market doing better. The
continent was a buyer in this market
to-day, and this was accepted as a sign
of hopefulness. Liverpool closed 2 to
3 half htgher. The Texas situation con
tinues as mixed as heretofore, mean
while the trade is anxiously awaiting
the bureau report on the sth instant.
Just what effect this may have oh the
market Is uncertain, but in any event
the expectation is that while very high
figures for the condition may depress
the market. It is not likely that prices
will be kept down except temporarily.
It might be the case otherwL at an
earlier period of the year, but not so
at the beginning of August, when
e\erything depends on the develop
ments during the current month.- One
party In Texas predicts a crop for that
state not exceeding 2,500,000 bales,
and 9,000,000 total. Advises planters to
hold their new crop for ten cents per
peund.
H. <£.- B. neT' Colton Letter.
New Orleans. Aug. 2.—Owing to the
"bank clerks’ holiday” In Liverpool on
Aug. 3 and 6, that market was mare
favorable than looked for. as shorts
covered, fearing an unfavorable bu
reau Monday. Prices here responded by
opening 3 points higher, subsequently
eased off slightly on rains in a few
setlons of Central Texas, but became
steadier later on the visible supply
statement and remained that way dur
ing the balance of the session. The
visible , supply during the . week this
year decreased 143.000. against a de-,
crease of 63,000 last year, or a rela
tive decrease of 8(1,000 irt excess of last
year. The aggregate to date is 2,160,000,
against 1,350.000 last year, showing a
net gain of 810,000. although the weekly
takings are shown to have been more
than last year. It must be remembered
that short time-and closing down was
resorted to then, whereas the mills
now are generally running. Therefore,
although trade is not good, the chances
are from now out that the takings will
exceed last season, all of. which we
predicted some weeks back. There Is.
however, no danger of scarcity, conse
quently all Interest is centered in the
growing crop. We except no decided
change until after the bureau roport,
unless general rains take place In Cen
tral Texas during the Interim.
FINANCIAL.
JOHN W. DICKEY,
■ lock and Bead Broker.
AUGUSTA, OA.
Write for List.
THE MORNING NEWS: SAMIR DAY, AUGUST 3. 1901.
SiIiMMII
Capital $350,000,
JOSEPH D. WEED, President.
JOHN C. ROWLAND, Vlte President.
WM. F. McCAULEY." Cashier.
s. L. CLAY, Assistant-Cashier.
A general banking and exchange busi
ness transacted.
Savings Department, interest computed
quarterly.
Accounts of merchants, banks and'cor
porations solieitfedh
AnjeTican./Expresp Company's letters of
credit issued available in all parts of the
wprid.
Collections carefully made and promptly
accounted for.
Safety denonlt boxes and storage vaults
for rent.
Correspondence lnvlted.
Hubbard Bros. Cn.'s Cotton Letter.
New York, August 2.—Excessive
dullness continues with no disposition
to sell before the bureau report on
Monday. Slight rains are reported *as
usual, but the trade is unwilling to
take any decided position, though fav
oring sflightly higher prices.
WEEKLY .COTTON REFORTS.
Comparative Coftbn Statement —
New York. Aug. 2. For the -week
ending to-day:
Net receipts at all United
States ports during week .... 23,024
Net receipts at all United
States ports same week last
year 16,640
Total receipts to this date 7,444,172
Total receipts to same date last
year -6,490,965
Exports for- the week .. 39,787
Exports for same week last
year _53,115
Total exports to this date...... 6,270,773
Total exports to same date last
year 5.687,106
Stock at all United States ports 334,157
Stock at all United States
ports same time last year .... 112,927
Stock at all interior towns.,... 161,274
Stock at all interior towns same
time last year < 41,277
Stock at Liverpool 549,000
Stock at Liverpool same time
. last, year 304,000
Stock of American afloat for ,
Great Britain 36,000
Stock of American affoat for
Great Britain same time last
year 47,000
Comparative' statement Pf net re
ceipts at all the ports during the week
ending Friday evening, Aug. 2, 1901, and
during the same week-last year;
1900-01. 1899-00.
Galveston 4,786 1,318
New Orleans j-.: 8,298 4,146
Mobile .Y..: 369 832
Savannah 3,357 4,112
Charleston ............. 1,296 338
Wilmington ' 45
Norfolk 2,037 2,766
Baltimore .........162 719
New York ... ' 1,232 1!247
Boston. ...... 274 '7ll
Philadelphia 191 131
Pensacola 700;
Brunswick 6
Newport News 271 320
Total 23,024] 16,640
Comparative statement .of net re
ceipts aj. all the ports from Sept. 1,
1900, t'o Friday evening, Aug. 2, 1901,
K and frgm Sept. J, 1899, to Friday, Aug.
3. 1900. • '
• Receipts Since Sept.l | 1900-014 1899-00.
Galveston 4.....' .'12,123,451! 1.709,144
New Orleans 12,430,9781,808,107
Mobile 141,099 207,964
Savannah , f1,080.731|1,078,556
Charleston* .....232,090 262,42 J
Wilmington..?. ...A.;. -258,093 278,902
Norfolk
Baltimore 71,863 98,744
New York 189,755 120,163
Boston 196,917 118,800
Philadelphia 27,366! 49,038
Pensacola 132,609, 129,302
Brunswick 101,081; 92,405
Newport News 20,838 j 19,351
Port Arthur [. 68,029
Total . |.7,444,172-6,498.166
Stock of cotton at all ports, Aug. 2,
.1901, and on the same day of the week
last year:
Ports— 1900-01. 1899-00.
MobileT. :... 70,6141 ~ 44,339
Galveston 5,173 j 4,243
Savannah 17,784 j 4,898
Charleston 2,7521 *15,523
Wilmington 2,323! 2,662
Norfolk 14.947| 3,275
New York 171,578! 3,432
Other ports 48,986! 27,309
j 7,246
Total | 334,157| 112,927
Sccrftnry Hester's Cotton Statement.
New Orleans, Aug. 2.—Secretary
Hester’s statement of the world's visi
ble supply of cotton Issued to-day
shows the total visible to be 2,159,989.
against 2.392,887 last week and 1,350;234
last year. Of this the total of Arner-
Icant cotton is 1.326,989. against i,407,-
878 last week, and 828,234 last year, and
of all other kinds including Egypt,
Brazil, India, etc., 833,000. against 896,-
000 and 522,000. ,
Of. the world's visible suppjy as above
there is now afloat.and held in Great
Britain and Continental Europe 1,084,-
000.' against 824.000 last year: in Egypt,
91,000, against 65.000; in India, 481,000.
against 288.000, and Itf the United
States, 504,000, against 173,000.
DRV GOODS.
New York. Aug. 2.—Staple cottons In
brown bleached and coarse colored
.goods continue dull at previous prices,
print? have been in better request than
of late and ginghams are quiet but
firm. Print cloths are dull and un
changed. Linens are scarce aind firm In
’price but the demand is quiet. Bur
laps are dull and tend in favor of buy
ers. ••
NAVAL STORES.
•Friday. Aug. 2.
SPIRITS—The turpentine market
opened Arm at with sales of
787 at these prices, and closed Arm at
33 y t c bid, with no further official sales.
The demand throughout the week was
good. Week's receipts, 9,615, against
10,709 last year, and the exports. 18,038,
against 4,100 last year. Receipts to
day, 1,162, and the exports 3,020.
ROSINS—A decided firmer tendency
characterized the past week’s rosin
market. The closing to-day Was Arm
at yesterday's outside prices; Sales of
1,067 were reported at to-day’s opening
and 213 at th closing. Receipts for
the week, 26,093, against 25,875 last
year, and the exports 30,181, against
33,188 last year. Receipts to-day, 3,519
and the exports 4,259.
Quotations —At the close of the mar
ket to-day the following quotations
were bulletined at the Board of Trade:
Spirits Turpentine—Firm, 3314 c bid;
sales, 787.
Rosin—Firm; sales, 1,280.
Prices as follows:
A, B. C„ *1 00 I SI 45
D.. 1 05 K ~ 1 70
E 1 10 M 2 20
F..' 1 20 N 2 65
G I 25 W. G. -3 00
1 30 W. W 330
Same day last year:
Spirits Turpentine—Firm, at 40c:
sales, 'SOO casks.
Rosin—Firm: sales, 4,766,
A, B. C *1 35 I ......'. 31 65
D. 1 35 K 1 75
E 1 40 H ~ 1 85
F ..........146 N : 215
1 50 W.'O. 2 30.
H. 135
ESTABLISHED 18ft.
HENRY BEEIL BEEft.
EDGAR BRIUHT.
h.&bTbeer,
Cotton i 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
Af -cqntracts for future delivery in cotton.
Receipt* and Export*.
Exports Past Week—[Spirits. Rosin.
Receipts past week ... 9,615 26.093
Same week last year . 10,700 25,875
Exports last week ... . 18,03? 30,181
Same week last year .. 4,100 33,183
Movements-^
New York 1.898 761
Philadelphia 180 3.975
Baltimore 6 3.128
Various T 843 1,867
Graqton 200 6,804
Harbßrg 502 7,374
London 6,507 j 2,169
Antwerp ........ 7,902| 4,100
Total exports ........ 18,038| 30,181
Receipt* and Stock*.
Receipts, shipments and stocks from
April 1, 1901. to date, and for the corre
sponding date dast year;,
1901-1902.
, i- -t Spirits Rosin.
Stock April 1. 1901 5,705 135 841
Received this week 9,615 26,093
Received previously 4. ..146,938 342,899
Total 162,258 504.833
Exports—
Foreign 102,237 202,106
New York 20,549 28,173
Coastwise and interior.. 19,233 143,443
Total 142.019 373,722
Stock on hand this day.. 20,239 131,111
1899-1900.
Spirits. Rosin.
Stock on hand April 1, 1899 2,197 142.606
Received this week 10,700 25,875
Received previously 160,907 293,184
Total ........163,804 461,565
Exports—
Foreign i-,..'... 97,889 195,818
New York 15,416 52,971
Coastwise and interior,.. 19.441 123,686
Total 132,746 372,475
Stock on hand 31,058 89,090
Charleston, Aug. ' 2.—Turpentine
steady, 32c.
Rosin firm, uiithanged.
Wilmington, N. }., Aug. 2.—Splfits
turpentine steady, receipts
101.
Rosin firm, 95c@51.00; receipts 192.
Crude turpentine Steady, $1.00@2.00,
receipts S6.
Tar firm, SI.SS; r££eipts 49.
New Orleans. AugC 2.—Receipts, rosin
244 barrels; turpentine 18.
New York, Aug. 2,-i-Rosin, steady.
Turpentine, quiet.,
FINANCIAL.
MONEY—Moneys easy.
■•CLEARINGS —The bank clearings
lerr the past week were $2,657,463.76,
■ against $3,562,636.15,!f0r the correspond
ihg week in 1900 and $2,015,126.73 in
1899. t*•/,', ,
Clearings by Day—
Saturday .$ 314.091 13
Monday 7iA. 394.420 7?
Tuesday 7..771 374,794 12
Wednesday 797,425 63
Thursday 371,738 32
Friday ....M1....... 334,993 81
, : iv, ---
“ Total ...: $2,657,463 76
FOREIGN MARKETS—Market dull
and easy. Commercial demand. $4:87
60 days, $4.85; 90 driys. $4.83%; francs,
Raris and HaVrS,' 60 days, $5.18%;
Swiss, 60 days. $5.21; Belgian. $5.20%;
fnarks, 60 days, 94 13-16; 90 days,
94 9-16. -’
DOMESTIC EXCHANGE Steady;
banks are buying at 1-16 discount and
selling as follows: $25 and under, 10c
premium; $25 to SSO, 15c premium; SSO
to SIOO, 20c premium, '' SIOO to S2OO. 25c
premium; S2OO to J sl,ooo, % premium;
SI,OOO and over, 75c : pef M.
To tlie Owner* qnd Holder* of the
FIRST MORTGAGE PREFERENCE BONDS
—of the —
Georgia & Alabama Railway.
You will take notice,that the Georgia
and Alabama Railway In the exercise
of the right of redemption secured to
it by the terms of sbe bonds and the
deed of trust securing the same, will
on the first day of October, 1901, redeem
and pay off at 105 and Interest all of Its
First Mortgage Preference Bonds, da
ted Oct. Ist,, 1896. and secured by deed
of trust or mortgage executed by said
railway t® the Baltimore Trust and
Guarantee Company of the same date,
and all ow-ners and holders of said
preference bonds are hereby notified
to present the bonds respectively held
Of owned by them at the office of the
Baltimore Trust and Guarantee Com
pany in the city of Baltimore, Md.. to
be then and there redeemed and paid
off by said railway. Holders of First
Mortgage Preference Bonds may at any
time prior to Oct. Ist, 1901, surrender
the samt, together with all unmatured
coupons thereon, to the Baltimore
Trust and Guarantee Company, Equit
able building, Baltimore, Md., and re
ceive In exchange therefor First Con
solidated Mortgage Bonds in like
amount, bearing coupons correspond
ing to those on the bonds so surren
dered, differences In interest, owing to
dates of maturity of coupons, being ad
justed.
JOHN SKELTON WILLIAMS,
President.
IBM II
i fur
In adopting the above as
our motto we are taking a
broad stand.
But we conSdently believe
we can live up to it.
Send us your orders and
we will be prompt in ship
ping-
IP SUPPLY C 0„
' "Everything in Mill Supplies,”
ia Say 6k, Wait, Both Phouoi lues.
SECURITIES—The market rules
steady, . is quite slow though.
Stock*.
Bid. Ask.
Augusta & S-ovh. R. R....... 114 115
Atlanta & West Point - ~140 150
do 6 per cent, certificates..lo6 107
Augusta Factory. , . 80
Citizens’ Bank 13s 139
Chat. & Gulf R. R. 5t0ck....107 IJO
Chatham Bank 80 82
do R. E. & I. Cos. A 54% 55s
do do B 54 54%
Eagle & Phoenix Mfg. C0....100 105
Edison Electric Ilium. Cos 110 112
Enterprise Mfg. Cos 99 101
Germania Bank 134 13?
Georgia Railroad, c0mm0n...230 235
Graniteville Mfg. Cos 160 165
J. P. King Mfg. C 0........ 95 100
Langley Mfg. Cos 105 110
Merchants' National Bank ..120 122
National Bank of Savannah.. 150 155
Oglethorpe Savg. & Trust Co.lll 112
People's Savings and Loan.. 102 104
Seaboard, common 27 28
do preferred 47 is
Southwestern R. R. C0....,..114% 115%
Savannah Gas Light C 0...... 22 23
Southern Bank 161% 162%
Savannah Bank and Trust..l2s 126
Sibley Mfg. Cos.. Augusta 78 8p
Savannah Brewing 90 95
t lloiuls.
, Bid. Ask.
Char. Col. and Aug. Ist ss.
19 °1 •: '••• •............'..111 113
Chat, and Gulf R. R; 5 per
cent. Ist mortgage ...,104 105
Atlanta 4s, 1923 104 105
Augusta city 4s, 1927 104 106
do 4%5, 1925.-; ...11l 112
do 7s, 1903 i..v...108 104
do 6s, 1913 120 122
Ala. Mid. ss, ind'd 1928, M.
and N< 107 108
Augusta Factory 6 per. cent., .
1915...... ;.110 112
Brunswick and W. 4s, 1928. .. 87 88
C. R.-R-. and Banking collat
eral 5s ......101%, 102
C. of G. Ist mortgage t ss,
1945, F. and A 120 121%
C. of G. con. ss. 1945, M.
and N 106 107
C. of G. Ist incomes, 1945 .... 78 79
do 2d incomes 29 30
do 3d incomes, 1945 17 18
C. of G. (M. G. and A. Div.)
ss, 1947, J: -and D /.103 104
City and Suburban R. R. Ist
7s 109 110
Columbus City, ss, 1909 104 106
Columbus Power Cos. ss, In
dorsed by Bibb Mfg. Cos.
Macon 101 102
Charleston city 4s. 1909, 99 101
Eagle and Phoenix Mills 6s.
1928 106% 108
Edison Klectfic 111: f 65 .....‘. .108 • 109
Enterprise Mfg. CO. 6s, 1902,. 101 103
G. R. R. 6s. 1910 .......113 115
G. S. and F., 1945. J. and J.. 113 114
Georgia and Ala. cons. 55...107 108
Georgia state 3%5, 1930, J.
and J 107 108
do 3%5, 1915, M. and N 104 106
do 4%5. 1915 115 116
Macon city 6s, 1910. J. and J. 115 116
do 4%5, quar. gen ..109 ...
Ocean Steamship ss, 1920 ..,.105 106.
Savannah city ss, quar.,
October. 1913 108 109
Savannah city ss. due 1909
November coupons ...107% 108%
Seaboard 4s 85 86
South Carolina stat£ 4%5,
1433 .' .\. .113 114
Sibley Mfg. Cos. 6s, 1903 .....100 102
South Bound 5s ..'...'.107 108
S., F. and.W. gen. mt'ge 65,,
1934 > * ! 127
do do Ist ss. gold. 1934 116
do St. John Div, Ist 4s. 1924. 96 97
MONEY mahket.
New York. Aug. 2.—Money on call
tva£ steady at 2<5)2% jfer cent. The last
“ loan was at 2 per cent. Prime mercan
tile paper. 4%<® per cent. Starling ex
change steady wnh actual business, in
bankers' bills at $4.?7% for demand,
and at $f.85%@4.85% for sixty days;
posted rates, $4.86 arid $4.88%. Com
mercial bills, $4.8J%@4.84%. Bar sil
ver. 68%c. Mexican dollars, 46c. Gov
ernment bonds were steady, state
bonds were irregular, and railroad
bonds were irregular.
New Yor.lf. Bank Clearing*.
New York, Aug. 2.—Total bank clear
ings for week ended Aug- 1. $i,773,565.-
296; increase, 33.5 per cent.; total out
side New YOrk, $64 7,808,4 44, Increase
13.1. .
STOCKS AND BONDS.
The Market Dull and Price Ranges
Rgther Narrow.
New York. Aug. 2.—The futility of
the efforts made this week to awaken
any interest In the stock market or to
effect a movement of prices that offer
ed any chance for attractive profits to
traders, resulted In a very small at
tendance this morning *of even that
cjass of dealers on the board. There
is no trace of any other operations than
those by traders. This morning’s mar
ket, as a consequence, made perceptible
progress towards the condition of ab
solute stagnation, to which It has been
tending all the week.
Apparently the market was left whol
ly to the devices of the small room
traders. There was no evidence of the
existence of stop Joss selling -orders on
the one hand, or of supporting orders
on the other. Accordingly the profes
sionals fou,nd their limited operations
quite effective in moving prices. .But
the operation of taking profits, either
by selling long stock to realize or by
covering shorts, reveals the fictitious
character of the movement and neu
tralizes it. To-day’s report of sub
treasury operations shows that the
government institution tpok from the
money market yesterday some $400,000
in spite of the fact that checks were
payable on the first of the month for
the government interest due. There
is usually, some.,delay about the presen
tation of these checks, bRt a balance
In favor of.the sub-treasury on an in
terest payment day is unusual and calls
attention to the constant requirements
upon the money market by reason of
the revenue surplus.
To-morrow’* hank statement was not
under discussion In the day’s specula
tion. Indications point to an unim
portant change in the cash reserves,
but the change in the loan item is like
ly to be affected by the payment of
some heavy syndicate subscriptions,
which came due on Aug. 1. The mea-,
ger business centered about the re
newed fears of crop damage suggest
ed by the strength in the corn market’
and the proposed construction of a su
gar refinery in opposition to-the Ameri
can Sugar Company. An appearance Of
considerable weakness was thus In- 1
duced at one time during the day. but 1
the closing up of contracts brought’
prices hack sharply toward last night’s l
level. Sugar failed to hold Its rally and'
the market closed heavy. Thfc United
States Steel stocks were less active'
than for some time’ past and-fallefl to
show the effect of reports of disagree
ment 'over the steel strike." The com
mon was at one time down over a point,
but both closed with fractional' net’
gains.
The railroad bonds market was bar
ren of any feature. * Total sales! pAr>
value. $1,255,000. United Sfrftes" hbnds
were all ’unchanged on the last call. ’
The total sales of stocks to-day were
364,000 shares, including Atchison, 35,-
300; Atchison preferred, 5,300,' Chicago
Great Western,'6,7oo: Erie, 11,100; Nor-’
folk and Western, 12,700; Pennsylvania,
6,7oo;'Reading, 6.900; Reading first pre
ferred, 7,000; Reading second preferred,’
6,000: fit, Paul," 18.600;-Southern Pacific,
22,700; Union Pacific, 35,100;-' Wabash
preferred, 5,700; Consolidated Gas, 5,000;
Sugar., 25.000; United States.Rteel, 76,-j
600; United States Steel preferred, 19.-
80b
s|v Southern.,
“iU Railway.
Trains arrlvo and depart Savannah on
9)th meridian time—one hour slower than
city time. 1 <
Schedule Effective Jime T 26r 190 L ’
TO THE' NORTH AND EAST
| Daily.| Daily.
|No. it.|No. 36.
Lv Savannah (Cent. Time). 112 25pm|12 30am
Ar Blackvllle (East. Tlme)j 112pm| t 26am
Ar Columbia ......” ..( 5 56pm. 6 loam
Ar Charlotte ” | 9 06pm| 9 66am
Ar Greensboro. ” |ll 42pm|12 13pm
Ar Norfolk..'. '• ~| 8 30am, 10 4opm
Ar Danville.7... |i2 4iam| 162 pm
Ar Richmond | ,6 00am. 6 40pm
Ar Lynchburg •'77.777.7 2 40am; 4 07pm
Ar Charlottesville..” 4 36amj5 62pm
Ar Washington ", 7 35am| 9 00pm
Ar Baltimore " 915am;il35pm
Ar Philadelphia " U 35am| 2 56am
Ar Now York " 2 03pm| 613 am
Ar Boston " 8 20pm|3 00pm
TO THE NORTH - AND WEST.
Lv Savannah (CenL Time*......... 12 30am
Ar Columbia (East. Time) i.. 6 15am
Ar Spartanburg 10 Dam
Ar Asheville (Cent. Time) 100 pm
Ar Hot Springs...'..'." 335 pm
Ar; -‘Knoxville ” 7 10pm
Ar-Lexington " 6 55am
Ar Cincinnati " 8 10am
Ar Loufsvllle .......|‘B'4oam
Ar St. Louis " | 6 36pm
Trains arrive Savannah as follows:
No. 35 daily from New York, Washing
ton and Cincinnati 4:50 a. m
No. 33 daily from New York and Wash
ington, 3:06 p. m.
Ail train* arrive *nd depart from the
Plant System station.
THROUGH CAR SERVICE. ETC.
Trains 33 and 34 dally NEW YORK
AND FLORIDA EXPRESB. Vestibuled
limited trains with Pullman drawing
room sleeping cars between Savannah and
New York. Connect at Washington with
Colonial Express for Boston. Pullman
sleeping cars between Charlotte and Rich
mond and L'harlatte and Norfolk. Dining
cars serve all meals between Savannah
and Washington.
Trains 35 and 36 daily, THE UNITED
STATES FAST MAIL. Vestibuled limited
trains, carrying Pullman drawing room
sleeping cars 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 a* to rates, schedules,
etc., apply to
. F. S. GANNON, 3d V. P. and G. M.
S H. HARDWICK, G. P. A., Washing
ton. D. C.
W. H. TAYLOE. A. G. P. A., Atlanta.
R. C. BLATTNER. Depot Ticket Agent.
Plant System station, Savannah, Ga.
E G. THOMSON. C. P. & T. A , Savan
nah'. Ga.. 141 Bull street. 'Phone 850.
Merclionfs S Miners ironsponatiDn Go
Steamship Lines
To Baltimore & Philadelphia
Tickss on Sal* to All Point* North and
, Well.
Flvst-cla** tickets lnclud* meals and
berths Savaanah to Baltimore and Phila
delphia. Accommodations and cuisine
ur equaled.
The steamships of this company are ap
pointed to sail from Savannah as follows
(Central Standard Time):
t • ' • ,* ' ' • ■
TO BALTIMORE.
ITASCA. Capt. Hudgins, SATURDAY,
Aug. 3,. at 7:00 p. m.
HUDSON, Capt. Robinson, TUESDAY.
Aug. 6, at 10:00 a. m.
TEXAS. Capt. Eldredge, THttftSDAY,
Aug. 8, at >12:00 noon.
D. H. MILLER, Capt. Peters, SATUR
DAY, Aug. 10, at 2:00 p. m.
TO PHILADELPHIA. , ,
ALLEGHANY, Capt. Foster, MON
DAY, Aug. 5, at 9:00 a. m.
BERKSHIRE. Capt. Ryan, FRIDAY,
Aug. 9, at 1:00 p. m.
ALLEGHANY, Capt. Foster, TUES
DAY, Aug. 13, at 5:00 p. m.
BERKSHIRE. Capt. Ryan, SATUR
. DAY,. Aug. 17, at 7:00 p. m.
- Ticket-Office, No. 113 Bull street.
. J. J. CAROLAN. Agent.
NEWCOMB COHEN, Trav. A St.
Savannah. Ga.
W. P. TURNER, G. P. A.
A. D. STEBBINS, A. T. M.
J. C. WHITNEY. Traffic Manager.
General Offices, Baltimore, Md.
BEAUFORT SCHEDULE
.Steamer leaves for Beaufort, Port Royal
and way landings Monday, Wednesday
and Friday at 8:30 a. m., city time, re
turning same day. Family excursion rate
(parties of 5 or more). 60c round trip.
. Office, foot of Whitaker street. . Pjvone
520 H. A. BTROBHAR, Agent.
New York Stock and Bond List.
’ Railroad Stocks.
Atchison .' ..1.... 72%
Atchison preferred 94%
Baltimore apd Ohio ..,96%
Baltimore and Ohio preferred .... 92%
Canada Pacific ~
Canada Southern 68
Chesapeake and Ohio 46
Chicago and AJton 37%
'Chicago and Alton preferred ..... 76
Chicago, Ind. and Louisville ...... 33
Chicago. Ind. and Eouis preferred. 68
'Chicago and Eastern Illinois ....120
.Chicago and Greas Western 22%
Chicago and Gt. W. A preferred.. 81%
Chicago Gt. W. B preferred 47%
"Chicago and Northwestern ........191
.Chicago, Rock Island and Paclftc.l37
Chicago Terminal and Trans .....JB%
'Chicago Termlrial and T. preferred. 38
C„ C. C. and St. Louis 90%
'Colorado' Southern 13
"Colorado Southern Ist preferred..’so
Colorado Southern 2d preferred... 22
Delaware arid Hudson .'. '..160
Delaware, LadkawArinA and W... 228
Denver and RIO Grande ..' 40%
Denver and Rio Grande preferred. 90%
Erie , .37%
Erie Ist preferred 65
Erfe 2nd preferred ' 48%
Great Northern preferred- 175%
Hocking Valley 50
Hocking Valley preferred 74
Illinois Central 1.1 145
lowa Central 36
lowa-Central preferred .v 73
Lake Erie and Western. 53
Lake Erie -and Western preferred.ll6
Louisville and Nashville 101%
M&nhattan L. ~..117%
Metropolitan Street Railway ~...166%
Mexican Central ....*......7'.: 22%
Mexican National ..: .... y ... 9
Minneapolis and St. Louis ... . .. .105
Missouri Pacific — f 97%
Missouri, Kansas and Texas ,'. 25%
Missouri. Kansas and T. preferred. 53
New Jersey Central 158
New York Central ‘.,"...151%
Norfolk and Western : 52%
Norfolk and Western preferred* .89%
Northern Pacific .100
Ontario and Western 32%
Pennsylvania .144%
Reading 41%
Reading Ist-preferred 76%
Reading 2nd preferred 52%
St. Louis and San Francisco 40%
St. L. and San F. Ist preferred ..‘7B
Kt. L. and San F. 2d preferred ... 68
St: Louis Southwestern 27
St. Louis-Southwestern preferred.. 69
-St. Paul -.-, .- vr. 158%
St. Paul- preferred 181
Southern Pacific 54 T 4
Southern Railway 29Vi
Southern Railway, preferred ...... 83%
Plant System
of Railways.
Trains operated by 90tn meridian tlpaa—
One bout slower than city Uma.
Depatures from Savannah.
~ SOUTH AND WEST. “
No. 23* New 'i uik and Florida ~
Express j ; go am
No. 53* Fast Mall SJOO am
No. 35* Florida and West India 7
Limited 8;06 am
No. 33* New York and Florida
Fast Mail 4:15 pm
No. 25* Local 6 00 pm
NORTH AND EAST. **'
No. 78* New York and Florida
Express 1:30 am
No. 6t Local 7 1:30 am
No. 88 Sunday Excursion V. 7:00 am
N®. 32* Florida and West India
LlMlted ..12:35 pm
No. ]tf Sunday-Excursion '. 7:00 pm
•Daily. tDaily except Sunday. JSun
days only. t
Connection at Jacksonville with Florida
East Coast, at Miami and Port Tampa
with Peninsular and Occidental Steam
ships for Key West and Havana.
Connections .at Waycross for Thomas
ville and all points west.
Connections at Jesup for Brunswick.
Connections at Charleston with Atlantia
Coast Line for ail points East.
Pullman Sleeping Cars on .limited and
express trains.
For detailed Information 'call at
Ticket Office, Dee Soto Hotel, Savannah.
WARD CLARK. City Ticket Agent.
J. H. POLHEMUS. T. P. A.
B. W. WRENN. Pas*. Traffic Mariagor.
jflpD
WGEORGIA
Schedule Effective June 16, 190 k
Trains arrive at and depart from Can
trai Station, West Broad, foot
of Liberty street.
90$h Meridian Time—One hour alower
than city time.
Leave Arriva
Savknnah: Savannah;
Macon, Atlanta, Ooiylng| *“
*8 46am|fon, Mllledgevllle, Amerl-|*6 00pm
|cu, Albany and lnterme-1
[diate points. [
IStateshoro, Stillmore.Brud "
88 45am|ton, Milieu and Augusta.|B6 00pm
|Tybee Seashore Special:| '
||6 30pm|Uruton, Macon, Augusta|||lo 35atn
land Intermediate points.]
|Augusta, Macon, Atlanta,!
jAthens, Montgomery, -Co-|’
•9 00pn>|lumbus, Birmingham, Am-|*7 00am
|erlcus, Albany, Eufauiaj
jand Troy.,
J 6 00pm| Dover and Statesboro ||7 4Sam
.. | accommodation. | "
|3 00ptn|Dover, 1 Stnteehoro, Btlll-|BU *oam
'• ' •-■ " | more and Bruton. |
816 00pfn| Guyton accommodation |B6 00am
BKTW EEN 8 A VAN N A A ND~TYB EE.
Standard (90th meridian) time, one hour
aloweSfthan Sqvpnnah city time.
.LEAVE SAVANNAH.
Doily, except Sunday, 5:45 a. ra., 9 a.
m.. 2:30 p. m., 4:30 p. m., 6:00 p> m. t 7:40
p. m.
Sundays only, 7:26 a. m„ 9:00 a. m.. 11:0#
a. in., 2.30 p. m.. 4:20 p. m., 6:00 p. m.. 7:40
p? m.
14 LEAVE TYBEE.
,r Dally, except,Bunday, 5:00 a. m., 7:00 .
im.. 10:00 a. m- 6:w p : , m., 6:4S p. m., *:ls
p, m.
Sunday* only, 5:00 a. rn., 8:15 a. m., 10:01
a,, m , U:SO a. m.. '5:06 p. m.. 6:46 p. O,
9:is p. m. '''''• ■ t
~*DaUy.. SExcepV Sunday. *|fßunday only.
Connections made at terminal points
with all trabi3 N®rtbwt;st, We* and
Southwest. _ ,
Sleeping cars on night trains between
Savannah and 'Augusta, Mdcon, Atlanta
and Birmingham. ’
Parlor cars on day trains between Sa
vannah, Macon and Atlanta.
For complete Information, schedules,
rates and connections, apply to
W. G. BREWER, City Ticket and Pas
senger Agent. 107 Bull street, or
W. R. McINTIRE, Depot Ticket Agent
- J. c. HAILE. General Passenger Agent
B. H. HINTON, Traffic Manager. -„■
TrtßO. D. KLINE, General Supertn
tendent. Savannah, Ga.
Low Rates
*** > -
TO
PORTSMOUTH,
OLD POINT COMFORT,
BALTIMORE, and
NEW YORK.
VIA
SEABOARD
AIR LINE
TICKETS NOW ON SALE.
*■ t ,
LIMITED FOR RETURN UNTIL
OCT. 81, IOD
For farther information, tick
et®., <■ Agenti or write
WM. BUTLER, JR.,
Dlvlrlon Pniienger Agent,
Savannah, fin.
Ollier Cor. Bull anil Bryan (Its.
Texas and Parlflc 40
Toledo, St. Louis and Western ... 20%
Toledo. St. L. and W. preferred ... 33
Union Pacific '. 97Vi
Union Pacific preferred 88%
Wabash 1 31%
Wabash preferred 39V4
Wheeling and Lake Erie 18
Wheeling and L. E. 2d preferred .. 29
Wisconsin Central 30V4
Wisconsin Central'preferred ...*.. 42
P. C. C. and St. Louis 79
Express Stbcks.
Adams Express ....170
American Express ................ .190
United States Express 85
Wells Fargo Express .140
Miscellaneous.
Amalgamated Copper IWVi
American Car and Foundry 29
American Car and F. preferred ... 83V4
American Linseed Oil ............. 24
American Linseed Oil preferred .. 61
American Smelting and Refining.. 52V*
American Smelting and Ref. pref. 99%
American Tooaoco , .i32%
Anaconda Mining Cos. ............. 44
Brooklyn Rapid Transit 75%
Colorado Fuel and Iron 96
Consolidated Oas 219%
Continental Tobacco ..V i.;. 64%
Continental Tobacco preferred .. .115%
General Electric ..... .....*..252
Glucose Sugar ...'....'...'.1.......... 55%
Hocking Coal .1 19%
International Paper ......... 20%
International Paper , preferred .',...75
International Royer 92
Homlaued jt Eighth Pagsw
9