Newspaper Page Text
I review of markets
condition of general trade
m king the past week.
futures at the advance.
rMK , aiSE ON THE GOOD DEMAND
|-'<iK SPOTS AT ALL CENTERS.
g n , iin nnh Close, at a Rise of %c
o ,er Cast Week's Closing—Demand
lor f. • *>' Cotton Good, Both
From Exporters and Interior
Mill* ' Turpentine Firm at 42%c.
Kosins Firm—Local and Tele
graphic Markets.
The Morning News Office,
Friday, March 7.
The advance in the cotton market
overshadowed all else in commercial
circles the past week. The closing was
at a substantial advance on the prices
0 i a week ago. This was due largely
to the wholesome demand, which -was
f,. om both foreign and domestic buy
er?. The rise has reached a point
where the more conservative of the
trade incline to caution on the theory
that after an advance such as the
market has had a reaction is due. It
j f natural, therefore, that the older
operators are on the lookout for a
slight setback at most any time.
Spot markets have been very firm
during the week, advancing on the
good demand from exporters. Savan
nah closes at a rise of %c, with the
demand at to-day’s closing very satis
factory. 'ln the f. o. b. market the
demand was good, but business was
greatly restricted, owing to the stiff
ness of the country. In some sections
mills are buying heavily, and brok
ers find them more ready takers than
exporters.
Turpentine closes firm at 42%c, with
the demand good. On most days the
offerings were absorbed. Rosins fluc
tuated considerably. The demand was
moderate for all grades. Resume of
the markets for the week as follows:
COTTON.
Spnt cotton closes %c above last
Friday's quotations, with the demand
satisfactory. Factors sold 181 to-day,
and 1,904 for the week. Sales for the 1
season are 91,301. The demand is
promising, and while slightly easier
to-day. the market shows no signs of
yielding.
F. O. B. MARKET.
Fair demand, but with country stiff
and sellers only at full prices. South
Carolina mills are buying. Current
quotations to-day for F. G. M. 9 1-16
and G. M., 8 15-16@9c. Cotton
futures at New York steady, 1 off to
5 up.
The following were the official spot
quotations at ttie close of the market
at the Cotton Exchange to-day:
j This ) Last
J_ day. j year.
flood middling >8 13-16(9
Middling jS 9-16,8%.
Low middling j 8 3-168
Good ordinary '7% j
Market, steady!” sales 181. , ■
. r 1 ..:• ■* * . i
Receipts anti Exports.
Up- '.lea
land. Island.
Receipts past week 8,876 297
Particulars of Receipts—
Central Railroad 5,540 3
S., F. and W 721 178
Charleston and Savannah.. 729 3
Southern Railway 296
River steamers 28
Seaboard Air Line 1,562 113
Exports—
Exports last week 3,653 568
Movements—
, ' Vias ' 3,653 568
Stock on hand and ships ..38,784 12,425
Receipts, Exports and Stocks—
Received this day 833
Received same day last year..
Receipts same week last year..
Received since Sept. 1, 1901.. .1,014,659
Received same time last year. 588.059
Exports This Day—
Stocks— ' 300
to-day 51,209
mock last year 89,398
Receipts and Stocks at All Ports—
Receipts this day 21,205
™ s day labt year 22,509
This day year before last .... ' 20,378
Receipts past week 121,964
ame week last year 135,210
f"o years ago 155,661
Receipts since Sept. 1, 1901... .6.580,801
Bame time last year
-jock at all ports to-day 734,558
■-tock same daV last year .... 849,526
Laily Cotton Market—
Galveston— Firm: middling', 8%; net
eceipts 2,253; gross, 2,253; sales, 1,314;
slock 1,57.039.
\orfoi k _ Firm . middling. 8%; net re
',42: gross. 542; sales, 329; stock,
w '" u - Exports—Coastwise, 1,276.
Raltimore—Nominal: middling. 9%;
net receipts, 862: gross,. 1,537; stock, 10.-
Exports—Great Britain, 1,388.
°ston—Quiet and steady; middling,
\vT' rpf ' ei P ts . 237; gross, 5,973.
Wilmington— Firm; middling, 8%; net
1 riPts, 423; gross. 423; stock, 5,763. Ex
'Coastwise, 182: continent, 6,402.
thiladelphia—Firm; middling, 9 7-16;
net receipts, 5; gross, 5; stock, 2,725.
savannah—Steady; middling. 8 9-16;
.ft receipts, 833; gross, 833; sales, 203;
■ j E2O9. Exports—Coastwise, 300.
•New Orleans— Firm; middling. 8%;
~,, i eceipts, 4,052; gross, 4,621; sales,
j',’ ss ock, 294,611. Exports—Coast
"\T , 4140; continent. 400.
MobiJe-Quteu middling, 8 11-16: net
,)4; gross, 540; sales, 100; stock,
Exports—Coastwise. 51.
Augusta—Steady; middling, 874; net
s ' p ' l,,s . 716; gross, 757; sales, 777;
s lock, 40,495.
Charleston— Firm; middling, 8%; net
"ipis, 334; g rosSi 334; stock, 6,933.
Exports—Coastwise, 750.
1 ri< innati—Firm; middling, 8%; net
**ock Pt i6 738 660: gr ° SS ’ 1,660: Bales ' 50:
and active; mid
net receipts, 197; gross, 197;
"Res 177; stock, 650.
■' Louis—Firm; middling, 8 9-16: net
j'U'ts. 127; gross, 2,203; sales, 54;
stock, 49,226.
H iuston—steady; middling, 8%; pet
2 '7 81: gross, 2,781; sales, 3,337;
stock, 61,513.
net ' Y °rk—Quiet: middling, 9 3-16;
" ieceipts, 300; gross, 4,554; stock,
stock, 136,718.
c J’'; rt Arthur, March 7.—Cotton re
• 5.501; 5 .501; exports continent, 8,501;
StO'k none.
t en&acola, March 7-—Cotton, receipts,
exports to Great Britain. 1.375;
sl °ck none;
fVbt" POrt - News ’ arch 7.—Cotton, re
tr,! p 3 exports coastwise, 448;
J°' ( t a y—Net receipts, 21,094; ex
-734 j', -**63; continent, 15,303; stock,
c>-,? n f olidated ~- Net receipts, 121,964;
2r,‘ s :, °reat Britain, 75,307; France,
•' ontinent, 51,507.
6 txl l ' T J}i Minoe Sept. I—Net receipts,
4; ( j V. 1: exports, Great Britain, 2,664.-
• lance, 517,981; continent, 2,057,765.
BEA ISLAND Cotton.
* l,le there was some demand for
MURPHY & CO., INC..
Board of Trsdo Building, Savannah.
****■*• leased wires direct to New I
York. Chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
New York Office, No. 61 Broadway.
Offices in principal ciUes throughout
the South. Write for our Market Manual
and book containing Instruction for
traders.
Spencer, Trask & Cos.,
bankers,
27 & 29 Pine Street, New York,
Now ready for gratui.
tous distribution, 1902
Edition (Pocket Size)
STATISTICAL TABLES.
members n. y. stock exchange.
sea island cotton during the past week
it was not at prices acceptable to fac
tors, hence little trading resulted.
Holders are stubborn, and as they feel
bullish are not apt to sell at other
than full prices. Crop in sight to date
72,267 against 77,707 last year, and 95,-
419 year before last. Prices about as
follows:
Prices about as follows:
Fancy Floridas 22%®23
Extra choice Floridas 22 @22)4
Choice Floridas 20%@21
Fancy Georgias 22 ®22%
Extra choice Georgias v .. 21
Choice .. ~..,.....20
Extra fine Georgias ,19
Fine Georgias and Floridas ...18
Common 17
Week JCnding March 7
j 1901 -02,190M1L
Receipts week I 297| 702
Receipts, season- 1 45,836' 55,963
Exports, week j 568! 905
Sales; week ...| 72 640
Stock | 12 425! 26.656
Charleston. March 7.—Sea island cot
ton, receipts, 237 bags; exports, 30;
sales, 6; stock, 749.
Quotations unchanged.
COTTON FUTURES.
New York, March 7.—The cotton
market opened steady with prices 2 to
5 points lower and following the call
continued to ease off under active re
alizing by commission houses and
bear selling, both prompted by disap
pointment in the Liverpool cables.
May sold off to B.Boc,and July to 8.85 c,
after which the tendency was strong
ly upward on substantial room support
and almost a surfeit of bullish news.
May work' and rapidly upward ’itil 8.92
was reached, while July climbed to
8.96 c, the latter being the top figures
reached yesterday and the best for
the season thus far. It was reported
from several quarters that Southern
spot markets were firmer again with
domestic mill demands still unsatis
fied. Liverpool rallied sharply just
before the close and all news from
spinning centers was very encourag
ing. Yet far sighted longs took advan
tage of the earty improvement to se
cure profits, fearing a pronounced re
action under a sudden- turn fori pro
fits which they believed was due at
any time. In mid-afternoon a cable
from Liverpool stated that the Roy ton
mills had decided upon short time,
owing to a trade dispute, which would
affect some 1,500,000 spindles. This
created a temporary stir among smill
er longs and under the heavy realiz
ing which followed. May broke to ts.Bs
and July to 8.89, rallying partially just
before the close on support from, room
bulls. The close was steady ' with*
priees-1 point lower to B polntsr higher. r
COTTON FUTURES AT NEW VOItK.
New York, March 7.—Cotton futures
opened steady at the decline; March,
8.98 c: April. 8.97 c; May, 8.83 c; Jufie,
B.Bfic: July. 8.88 c; August. 8.73 c: Sep
tember. 8.40 c; October, 8.15 c; Novem
ber, 8.07 c.
Cotton futures closed steady; March,
9.02 c; April, 9.02 c; May, 8.87 c;; June,
8.88 c: July. 8.91 c; August, 8.75 c: Sep
tember, 8.43 c; October, 8.21 c; Novem
ber, B.loc.
LIVERPOOL COTTON MARKET.
Liverpool, March 7.—Cotton: gpot,
fair demand; prices l-32d lower; Amer
ican middling fair, 5 7-32d; good mid
dling. 4. 15-16d: middling, 4 13-16d: low
middling, 4 23-32d; good ordinary,
4 19-32d: ordinary, 4 11-32d. The .sales
of the day were 10,000 bales, of which
500 were for speculation and export,
and Included 8,700 American; receipts
200. all American.
Futures opened quiet and closed Very
steady; American middling, good or
dinary clause: March, March-April,
4.50d, buyers; April-May, May-June.
4.51d. sellers; June-July, 4.51d, sellers;
Ju : ly-Augu*t, 4.51d, sellers;. August-
September, 4.45®4.46d, buyers; Septern
ber-October, 4.35d, sellers; October-No
vember, 4.30®4.31d. value.
New Orleans. March 7.—Cotton fu
tures quiet and steady; March, 8.68®
8.70 c; April, 8.75@5.77c; May, 8.81@8.82c;
June, 8.84@8.86c; July, 8.90@8.91c; Au
gust. 8.7508.76 c; September, 8,26@8.28c;
October, 8.03@8.04c.
H. & B. Beer's Cotton Letter.
New Orleans, March 7.—As Liver
pool advices were disappointing our
market opened 3 to 4 lower, subse
quently advanced 6 to 9 on, fresh buy
ing, but eased off on realizing caused
by* reports from Manchester that some
mills would commence to-morrow to
run on short time. The net loss on
the day was 1 point. The amount
brought into sight during the week
was 3,000 in excess of last year, and
the total marketed from Sept. 1, to
date is 8,819,000 being an increase of
436,000 over last year: therefore as the
growth last yean, was 10.819,000, and if
there is no more cotton in the South
than last season the movement on its
face points to a crop of 10,955,000- The
interior towns during the week receiv
ed 95.000 against 90,000 last year, and
hold in stock 460,000 against 621,000 last
year, and 449,000 in the record crop
year. Barring last year the counted
Interior towns stocks are larger now
than in any previous year. The total
stock of American ashore and afloat
to Liverpool is 1,160,000 or a gain of
348,000 over last year and 406,000 over
year before last. The visible supply
of American decreased during the
week 116,000 against an increase of
17,000 last year, and the total to date
shows an increase of 218,000 over last
year. The to-day's statement issued
to-day up to March 1, shows that 219,-
000 was.brought Into sight from that
state during February against 22,000
last year, and the total market for
the first six months of the year has
been 2,647,000. against 3,083,000 last
year. Last year for the balance of the
season to-day market 725,000. conse
quently if there is only half as much
cotton left in that state as last year,
then the outturn will be 3,009,000, as
considerable has been said about spin
ners’ takings of Americans to date, the
actual figures so far are 6,469,000
against 5,862.000 last year or an ex-
FINANCIAL.
JOHN W. DICKEY,
Stuck and Bond Broker,
AUGUSTA. GA.
Write for List.
SAVANNAH MORNING MAYS: SATURDAY. MARC H S. 1902.
Savannah Bank
and Trust Go.
Capital, $350,000.
JOSEPH D. MEED, President.
JOHN C. ROWLAND, Vice President.
WM. F. McCAILEY, Canhier.
SAML. L. CLAY, Aast. Canhier.
A general banking and exchange
business transacted.
Savings Department, Interest
computed quarterly.
Accounts of merchants, banks
nnd corporations solicited.
American Express Company's let
*ers of credit Issued available In
all parts of the world.
Collections carefully made and
promptly accounted for.
Safety Deposit Boxca and atorage
vault for rent.
Correspondence invited.
cess of 607,000. Last year 10,000,000 was
taken from the supply, therefore, to
retain the present excess the takings
must equal last years for the balance
of the season. While sentiment is very
favorable to the article there seems
to be a feeling that a reaction is in
order after such a sharp advance.
WEEKLY COTTON REPORTS.
Comparative statement of net re
ceipts at all the ports during the week
ending Friday evening, Feb. 7, 1902,
and during the same week last year.
1901-02. 1900-01.
Galveston 33,733 37,155
New Orleans 42,152 44,593
Mobile 917 1,^79
Savannah 9,170 19,704
Charleston '... 3,649 2,290
Wilmington !.... 2,329 3,346
Norfolk | 6,840 7,084
Baltimore 862 2,847
New York '. 1,903 3,767
Boston 4,040 3,597
Philadelphia 575 666
San Francisco 400
Pensacola 5,625 1,882
Newport News 837
Port Arthur 8,501 6,700
Port Townsend 431
Total 121.964) 135,210
Comparative statement of net re
ceipts at all the ports from Sept. 1,
1901, to Friday evening, March 7, 1002,
and from Sept. 1, 1900, to Friday, March
8, 1901:
I 1901-02. 1900-01.
Galveston .11,829,278 1,663,401
New Orleans 11,905,519 1,974,759
Mobile 146.858 121,070
Savannah 1,014,201 890,445
Charleston 249,404 204,295
Wilmington 261,889 246,683
Norfolk 400,627 325,004
Baltimore 69,793 50,791
New York 138,779 129,997
Boston 102,480 172,325
Philadelphia 24,401 16,875
San Francisco ......... 19,050
Pensacola ....... 145,862 105,515
Brunswick 99,940 60,985
Newport News 14.657 18,119
Port Arthur 43,976 14,267
Port Townsend 97,950
Portland ........I.k.vVi 9,203
Fernandina v. 4,750
Total .|6,578,617|5,984,531
Stock of cotton at all ports, March
8, 1902. and on the same day of the
week last year:
" forts - 1901-02. 1900-01.
New Orleans ....... 294.61 L 350,635
Mobile 24,663 : 25.963
Galveston .. ... 157.039| '167,821
Savannah ...... ....... 51,2091 92,540
Charleston 6,933) 10,939
Wilmington 5,763: 7,910
Norfolk ' 39,913! 25,670
New York 136,718; 143,028
Other ports 17,709i 25,120
Total ~ .7T...T.T.... 734,5581 849,526
HESTER'S WEEKLY STATEMENT.
New Orleans, March 7.—Secretary
Hester's weekly statement issued to
day shows the amount of cotton
brought into sifht during the past
week to have been 157,014 bales, against
154,442 for the seven days ending this
date last year.
The movement since Sept. 1 shows
receipts at ail United States ports 6,-
590,689, against 6,994.884 last year; over
land across the Mississippi, Ohio and
Potomac rivers to Northern mills and
Canada, 873,916, against 903,405 last
year; Interior stocks in excess of those
held at the close of the commercial
year, 325,013. against 577,814 last year;
Southern mill takings, 1,029,000, against
906,558 last year.
These make the total movements for
the 188 days from Sept. 1 to date. 8,-
818,618; 8,382,661 last year, and 7,869,-
085 year before last.
Foreign exports for the week have
been 126,308, against 110,178 last year,
making the total thus far for the' sea
son 5,246,079, against 4,526,083 last year.
Northern mill takings and Canada
during the past seven days show an
Increase of 33,225, as compared with
the corresponding period last year.
Stocks at the seaboard and 29 lead
ing Southern interior centers have de
creased during the week 73.178 bales.
Including stocks left over at ports
and interior towns from the last crop
and the number of bales brought into
sight thus far for the new crop, the
supply to date is 9,178,305, against 8,-
505,195 last year.
HESTER'S VISIBLE SUPPLY.
New Orleans, March 7.—Secretary
Hester’s statement of the world’s visi
ble supply of cotton shows the total
visible to be 4,365,750 bales, against
4,437,989 last week and 4,055,956 last
year. Of this the total of American
cotton is 3,274,750 bales, against 3,390.989
last week and 3,056,956 last year, and
of all others kinds, including Egypt,
Brazil, India, etc., 1,091,000 bales,
against 1,047,000 last week, and 999,000
last year. Of the world’s visible sup
ply of cotton now afloat and held Great
Britain and Continental Europe has
2,315,000 bales, against 1,858,000 last
year and 1.995,000 year before last; in
Egypt, 240,000 bales, against 178,000 last
year and 191,000 year before last: in In
dia, 563,000 bales, against 494,000 last
year and 325,000 year before last, and in
the United States, 1,248,000 bales,
against 1,526,000 last year and 1,363,000
year before last.
DRY GOODS.
New York, March 7.—There have
been no advances of any moment re
ported in the market to-day, but the
general tone continues strong for cot
ton goods. The home demand for
brown, bleached and coarse colored
cottons has been of average propor
tions. Prints and ginghams are firm.
Linens are very firm with a moderate
demand. Burlaps quiet but steady.
NAVAfSTORES.
Friday, March 7.
TURPETINE—The turpentine mar
ket opened firm at 42%c. with sales of
90. and closed firm and unchanged,
with no sales further reported. The
demand was good all week. Receipts
to-day 56. and the exports 10.
ROSIN —The rosin market opened at
a decline of 5c on H and below, and
reacted to the extent of its loss at the
close. Opening sales 5,334, and at the
closing 572.
Quotations —At the close of the mar
ket to-fiay the following quotations
were bulletined at the Board of Trade;
Spirits Turpentine—Firm, 42 Vic;
sales, SO.
ESTABLISHED I*7*.
matmr beer. bertrand beu.
■OGAM a. BRIGHT.
h. & eTbeer,
Cotton * Merchants,
NEW ORLEANS.
Members of New Orleans Cotton Ex
chance, New York Cottor. Exchange and
Associate Members Liverpool Cotton As
sociation.
Special attention given to the execution
•f contracts far future delivery in not tan.
Rosin—Firm, sales, 5,906.
A, B, C ........Jl 30 1 $1 75
D I 30 K 2 45
E 135 M 285
F 1 40 N 3 35
G 1 45 W. 0 3 70
H 1 50 W. W 3 95
Same Day Last Year-
Spirits Turpentine—Firm, 37c; sales,
240 casks.
Rosin—Firm; sales, 73.
A, B. C *1 10 I $1 60
D 1 15 K 1 75
E 1 20 M 1 85
F 1 25' N 1 90
G 1 30 W G 2 00
H.... 1 45 W W ...... 2 25
Receipt!* and Exports.
Spirits. Rosin.
Receipts past week 675 12,642
Same week last year 1,410 13,129
Exports last week 7,396 19,348
Same week last year ......12,296 37,472
Movements—
New York 1,175 2,600
Baltimore 106 3,746
Philadelphia 342 1,079
Various 731 747
Antwerp 3,542 5,482
London 1,500 818
Fiume 4,876
Total 7,396 19.348
Receipts, Shipments and Stock.
Receipts, shipments and stock from
April 1, 1901, to date, and for the cor
responding date last year:
1901-1902.
Spirits. Rosin.
Stock April 1, 1901 .... 5.705 135.841
Received this week 675 12,642
Received previously ...309,366 1,026,626
Total ....„ ...........315,746 1,175,109
Exports—
Foreign 217,196 494,334
New York 48,047 118,893
Coastwise and Interior. 33,277 382,131
Total 304,520 995,358
Stock on hand 11,226 179,751
1,900-1901.
Spirits. Rosin.
Stock April 1. 1901 2,197 142,506
Received this week 1,410 13,129
Received previously ...330.688 1,067,080
Total 334,295 1,222,715
Exports—
Foreign 233,827 621,413
New York 40,470 103,674
Coastwise and interior. 51,597 313,931
Total 325,894 1,039,023
Stock on hand 8,401 183,692
Charleston, March 7.—Turpentine
firm, 42c; sales, 15 casks.
Rosin firm, unqhanged; sales 100
barrels.
Wilmington, N. (?., March 7.—Spir
its turpentine, nothing doing; receipts,
16. Rosin firm, 41.15@1.20; receipts,
369. Crude turpentine steady, $1.30
to $2.50; receipts, 26. Tar firm, $1.20;
receipts, 105.
New York. March 7. —Rosin steady.
Turpentine steady.
FINANCIAL.
ifONEY—Market easy.
The bank clearings during the past
week were $2,940,802.23, against
last year, and— year before last.
Clearing by days:
Saturday $ 478,692 31
Monday 693,810 39
Tuesday 493,121 28
Wednesday 443,276 41
Thursday 426,943 39
Friday 404,959 45
Total $2,940,802 23
FOREIGN EXCHANGE Market
firm. Commercial demand, sterling,
S4.B6Vi: 60 days, $4.84; 90 days, $4.83
French 5.19: Smiss, 60 days, 5.21%;
Belgin, 5.20%; marks, 60 days, 94%
90 days, 94 9-16.
DOMESTIC EXCHANGE Steady;
banks are buying at 75c per M dis
count; selling up to 5@25, 10c; 26@50,
15c; 50@100. 20c; 100@200, 25c; 2000300,
30c; 3000400, 35c; 4000500, 40c; 5000600,
45c; 600 and over, 75c per M premium.
SECURITIES—The offerings are
quite light with a moderate demand.
Stock*.
Bid. Ask.
Augusta and Savannah .#...117 118
Atlanta and West Point I*o 150
do 6 per cent, certificates. .109 110
Augusta Factory 70 72
Citizens Bank 135 137
Chat, and Gulf R. R. stock.. 112 114
Chatham Bank 65 70
do R. E. and I. C. A 52% 53
do do B 52 52%
Eagle and Phenix Mfg. C 0... 95 100
Enterprise Mfg. Cos. 90 94
Germania Bank 136 137
Georgia Railroad, common ..240 242
Graniteville Mfg. Cos 165 170
J. P. King Mfg. Cos. 96 98
Langley Mfg. Cos ..108 112
Merchants’ National Bank... 114 115
National Bank of Savannah. 150 154
Oglethorpe Sav. & Trust Cos. 112 114
People’s Savings and Loan .. 94% 95%
Seaboard common 24 25
do preferred 47 48
Southwestern 117% 118%
Savannah Gas Light Cos 22% 23%
Southern Bank 158% 159%
Savannah Bank and Trust ..118 120
Sibley Mfg. Cos.. Augusta .... 72 74
Savannah Brewing *.... 80 90
Ronds.
Char.; Col. and Aug. Ist 5s
1909 ....114 116
Chat, and Gulf R. R. 5 per
cent. Ist mortgage 103 104
Atlanta 4s. 1923 ~..105 106
Augusta City 4s, 1931 107 108
do 4%5, 1925 112 114
do 7s, 1903 102 104
do 6s, 1913 116 117
Ala., Mid. sb. lnd'd 1928, M.
and N 106 ...
Augusta Factory 6 per cent.,
1915 112 114
Brunswick and W. 4s, 1928.. 88
C. R. R. and Banking collat
eral 5s 107 108
C. of G. Ist mortgage os,
1945, F. and A 121 122
C. of G. con. ss, 1946, M.
and N 110 111
do Ist incomes 78 79
do 2d incomes 33% 34%
do 3d incomes 18 19
C. of G. (M. G. and A. Div.)
5s 106 107
Columbia City ss, 1909 104 106
Columbus Power Cos. ss, In
dorsed by Bibb Mfg. Cos.,
Macon 98% 100%
Charleston City 4s. 1900 97 99
Eagle and Phenix Mills, 6s
1928 106 107
Enterprise Mfg. Cos. 6s, 19ffi..102 103
GEORGIA SUPPLY CO.,
Savannah, Gu.
“Everything In Mill Supplies.*’
Our motto, Promptness in ship
ping.
Roth phone* 1288.
{jfo Southern
Railway,
Trains arrive and depart Savannah
on 90th meridian-time—one* hour slower
than cl tv time.
Schedule Effective Jan. 16, 1902.
TO THE NORTH AND EAST.
1 Daily. Daily. Daily
jex.Sui
Lv Sav'h (C. TANARUS.) I 4 30p112 55p|12 30a
Ar Blaokville (E. T.)j 8 08p : 4 28p 4 28a
•Ar Columbia | 9 30p. 6 lOp 6 15a
Ar Charlotte 12 33a 9 15p) 9 63a
Ar Greensboro 2 43a 11 54p[12 35p
Ar Danville 3 51a)12 57aj 1 40p
Ar Norfolk TTTT 8 30a : 10 40p
Ar Richmond ,| j 6 09a| 5 43p
Ar Lynchburg | 6 52a) 2 42a 4 07p
Ar Charlottesville .. 7 32ai 4 35a 5 52p
Ar Washington 10 15a 7 35a 9 30n
Ar Baltimore 11 25a 8 56a It 35p
Ar Philadelphia ... 1 36p 11 12a 56a
Ar New York .| 4 13p! 1 43p i 13a
Ar Boston ) | 8 20p 3 OOp
TO THE NORTH AND WEST.
Lv Savannah (Central Time).. 12 30am
Ar Columbia (Eastern Time).. 6 loam
Ar Spartanburg ” 10 20am
Ar Asheville (Central Time)... 1 00pm
Ar Hot Springs “ 2 37pm
Ar Knoxville " 6 10pm
Ar Lexington ” 6 65am
Ar Cincinnati ” 8 10am
Ar Louisville ” 8 05am
Ar St. Louis ” 7 20pm
Trains arrive Savannah as follows:
No. 29. daily, from New York, Wash
ington, Richmond and Cincinnati, 4.50
а. m.
No. 31, daily except Monday, from
New York and Washington, 10:2(La. m.
No. 33, daily, from New York and
Washington, 3:05 p. m.
All trains arrive and depart from
the Plant System station.
THROUGH CAR SERVICE, ETC.
Trains 31 and 32. THE SOUTH
ERN'S PALM LIMITED. Solid trains
between Savannah and New York,
composed exolusiveiy of Pullman
Compartment, Observation and Draw
ing-room Sleeping Cars. Dining Cars
serve all meals en route.
Trains 33 and 34. NEW YORK
AND FLORIDA EXPRESS. Vestl
buled limited trains, with Pullman
Jurawing-room Sleeping Cars between
Savannah and New York. Connect at
Washington with Colonial Express for
Boston. Pullman Sleeping Cars be
tween Charlotte and Richmond and
Charlotte and Norfolk. Dining Cars
serve all meals between Savannah
and New York.
Trains 29 and 30, THE WASHING
-INGTON. RICHMOND AND FLORI
DA LIMITED. Vestibuled limited
trains, carrying Pullman Drawing
room Sleeping Cars between Savannah
and New York via Richmond. Dining
Cars serve all meals between Savan
nah 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 rates, sched
ules, etc., apply to
F. S. GANNON. 3d V. P. and G. M.
S. H. HARDWICK, G. P. A., Wash
ington, D. C.
W. H. TAYLOE, A. G. P. A., Atlan
ta, Ga.
R. C. BLATTNER, Depot Ticket
Agent, Plant System Station, Savan
nah, Ga.
E. G. THOMSON, C. P. & T. A., Sa
vannah, Ga., 141 Bull street. Phones.
850.
G. R. R. 6s, 1910 112 113
G. S. & F. Ist 114% 115%
Georgia and Ala. cons. G5..110 111
Ga. State 3%5, 1930 ...........108% 110
do 3%e, 1915. M. and N 105 106
do 4%5, 1915 .116 117
Macon city 6s, 1910, J. and J.US 116
do 4%5, quar, gen. ..,.110 111
Ocean Steamsnlri ss, 1920 .... 105 107
Savannah city ss, quar. Jan.
1913 108 109
Savannah city ss, due 1909,
May coupons ~.107 108
Seaboard 4s 85 86
Seaboard 10-year 5s 103 104
South Carolina state 4%5,
1933 112 113.
Sibley Mfg. Cos., 6s, 1903 ...100 102
South Bound 5s 11l 112
S., F. and W. gen. mt’ge 6s.
1934 125 ...
do do Ist ss. gold. 1934 115
do St. John Div. Ist 4s. 1934. 96 ...
IIO.VKY MARKET.
New York. March 7.—Money on call
steady, 2%7?3 per cent., closed 2%®
2% per cent. Prime mercantile paper,
4®4%c. Sterling exchange easier with
actual business in bankers bills at
$4.87%®4.85,% for -demand and at
$4.85%®4.85% for sixty days. Posted
rates $4.86 and $4.88%. Commercial
bills. $4.84%®4.85%. Bar silver, 54%c.
Mexican dollars. 43%c. Government
bonds strong. State bonds weak. Rail
road bonds firm.
New York, March 7.—The total bank
clearings for the week ended March
б, were $2,144,273,667; decrease, 7.9 per
cent. OuLside New York, $852,544,073,
increased 9.6 per cent.
STOCKS AND BONDS.
New York, March 7.—The stock mar
ket to-day showed evidence of con
flicting emotions on the 7>art of the
professional speculators who make up
the present m-arket. There was some
thing of a struggle during the darly
part of the day to keep prices moving
upward, and a number of specialties
Shot up in the way which has become
so # familiar of late. Others which
were violently advanced yesterday
showed a tendency to -an -abrupt re
lapse.
The general active list took on Its
recently soipnolent condition, suggest
ing that the demand from the short
interest, which -caused yesterday's
fiharp rise had been satisfied. The no
tice tha't $1,090,000 of the gold engaged
for to-morrow’s steamer bad been
withdrawn from export bad -a mild
stim/ulatipg effect on the market, but
the later forecast of to-morrow's
bank statement showed sufficient
ground for apprehension still re
maining of the rate of depletion of
the New York bank reserves. The
report that the government had filed
its suit agninst the Northern Securi
ties Company with the'United States
Court at St. Paul also called a ripple
of alarm, ‘although it has been abun
dantly foreseen and presented no new
phase in the case. The preliminary
figures of money movement for the
week indicate that the banks have lost
cash to the nearly $5,000,000,
including the $2,300,000 which is to go
on t'o-morrow's steamer.
With the present dimensions of the
deposit and cash items of the New
York banks, the surplus at its present
figure is almost wholly nominal any
way, and a variation of a few millions
■has little effect on the proportion of
the reserve. The hardening tendency
of the money market is a convincing
evidence, however, that the banks are
not anxious at present to extend their
credits. Of the day’s special move
ments Colorado Fuel was most con
spicuous with a feverish reaction
which leached fi points at one time.
Chicago and Northwestern, after a
rise of 1%. also turned downward and
fell at one time 3% under last night.
On 'the side of advances St. Paul.
Minneapolis and Omaha added 4 points
to its price and the preferred 3. The
rise of over 3 points in Evansville and
Terre Haute was in response ito yes
terday's rise in Chicago and Eastern
Illinois. Westinghouse Electric ad
vanced 5%. Brooklyn Union 3%. Ameri
can Cotton Oil 4% and Virgin!a-Car
olina Chemical 2%. the last two on
reports of intended consolidation.
Plant System
< , , a . .
of Railways.
Trftlns Operated by 90th meridian Time —One Hour Slower Than City
READ DOWnT Effective jan 19. 1902. READ UP. _
a88_( • 332 *6 | *7B" ] North and South [j *23 | *35 | b 37J
£ 15fcf I 05p ; 7- 30a|~l 30a) Lv .... Savannah Arjj 3 00a TlOajlO 50aj 8 30p
9 15pj 5 10p!l2 30p: C 40a Ar ... Charleston LvjjU 35p, 6 10ai 8 45aj 5 30p
6 40a, 3 57a .). 7 45p Ar Richmond .... Lv 9 05a 7 23p 11 50p
19 33k 7 38a ....... 11 40p Ar .. Washington .... Lv), 4 30a 345 p 8 lOp,
11 42a' 3 56a, 1 23a Ar .... Baltimore .... Lv 2 55a 2 16p; 6 55p
•1 57p 11 12ak...... 4 05a Ar .... Philadelphia ... Lv 12 oa'l2 03p, 4 43p
4 33pi 1 43p 7 13a Ar .... New York Lv)| 9 25p 9 25a: 2 iOp
11 OOp; B'2op 2 OOp Ar Boston Lv.j 1 03p;12 n't.,lo 00a!
NORTH.. WEST AND SOUTHWEST.
J# j 29 • Via Jesup. j 24 | 30
6 00b) 5 00a Lv Savan'h Ar! 9 25a 12 20a
7 OOp. 6 15a Ar .Jesup. Lvl 7 35a 10 55p
8 00a| 1 35p* Ar Maton Lv| 1 OOaj 2 30p
5 20a 350 pAr Atlanta Lv)l0 45p 12 05p
9 45a! 8 40p)Ar Chat’ga Lvi 6 05p| 6 45a
7 30p 7 30a Ar Louisv. Lvi 7 45a. 7 45p
7- 30p 7, 4Ea:Ar Cin’nati Lv! 8 30a 7 OOp
7 94a 6 OOp Ar.st LouisLvl 9 15p 8 OSa
7 23a 6 lOpj.Ar Chicago Lv| 9 OOp 9 OOp
5 20ai 4 15piLv Atlanta Ar 10 45p 11 30a
8 05p!10 00a*Ar Memp's Lv 8 15ai 9 0(lp
9 45a] 7 10a|Ar K. City Lv 6 30p! 9 4op
26 | 29 ;Via M’tgomery| 84 | 22
•5 OOpI SOOa'Lv Savan’h Arj 9 25a| 9 15p
8 10a| 6 30pjAr M'tg’iny Lv 7 45p 7 00a
7 Oop 3 20i|Ar Nashvl'e Lv 9 00a 2 21a
2 30a S LOp'Ar I.ouisvi'e Lv 3 00a 9 12p
7 20a 7 59p Ar Cinc.’nati Lv 11 15p 6 45p
2oa 7 50pjAr St. Louis Lv 8 !>sp 8 23p
(L. & N.)
7 32a [Ar St. Louis Lv 8 23p
i (M * O.)
9 15a 9 15p)Ar Chicago Lv 7 OOp 7 OOp
4 15p 2 53aJAr Mobile Lv!l2 aop 12 30p
8 26P1 7 25a|Ar N.Orle'ns Lv| 8 OOp 8 OOp
3 15p| 8 20a.Lv Sava'h Ar! 9 00a 9 15p
8 30p 12 50p!Ar Tifton Lv 2 00a 4 05p
10 3Qp 2 OOp Ar Albany Lv 11 20p 2 49p
G 10p|Ar Macon Lv 11 35a|
?♦’♦! 7 55p|Ar Atlanta Lyj 8 50a|
Through Pullman Sleeping Car Serr
ice to North, East and West, and to
Florida.
Connections made at' Port Tampa
with U. S. mail steamships of the Pen
insular and Ocldental Steamship Line,
leaving Port Tampa Tuesdays’ Fridays
and Sundays at 6:30 a. m.
Pullman dining cars on trains 35 and
32, between Savannah and New York.
Dining cars on trains 35 and 78 be
tween Jacksonville and Tampa Bay
Hotel.
Parlor cars on trains 5 and 6 between
Savannah and Charleston.
WARD CLARK, City Ticket Agent,
De Soto Hotel. 'Phone 73.
fl- 1- BLATTNER, D. T. A., Georgia
Phone 911.
J. H. D. SHBLLMAN, Traveling
Pasenger Agent.
8.. W. WRENN. Passenger Traffic
Manager, Savannah, Ga.
|^p%VreTIBUU&
[imited
Double Daily Service
The short line to Norfolk, Washing
ton, Baltimore, Philadelphia, New
York, and the East.
Effective March 2.
ARRIVAL OF TRAINS]
't FROM
No. 27 North and East ........ 4.40 am
No. 31 North and East 12.05 pm
No. 36 Jacksonville, Brunswick
and Darien V 12.01 pm
No. 34 Jacksonville and Florida 1.50 pm
No. 72 Montgomery and West.. 8.20 pm
No. 74 Montgomery and West.. 8.00 am
No. 66 Jacksonville and Floridpl2.lo pm
No. 39 Columbia and local pts]lo.oo am
DEPARTURE OF TRAINS
FOR
No. 27 Jacksonville and Florida. 4.45 am
No. 31 Jacksonville and Floridal2.lo pm
No. 35 Jacksonville, Bruftswick
and Darien 4.30 pm
No. 34 New York and East .... 1.55 pm
No. 71 Montgomery and West.. 7.10 am
No. 73 Montgomery and West.. 8.00 pm
No. 66 New York and East ....12.15 am
No. 40 Columbia and local pts.. 3.45 pm
Magnificent Pullman buffet sleeping
car service to Norfolk, Washington,
Baltimore, Philadelphia, and New
York; also to ajcksonville and Tampa
and Orlando.
Through cars to Brunswick, no
change of cars. ,
Dining cars on trains Nos. 34 and 31.
Parlor cars on Nos. 71 and 72 and
Pullman sleepers on Nos. 73 and 74.
For additional information apply to
Ticket Office, Bull and Bryan streets;
'phone 28.
HIDES, HIDES, HIDES.
Dry Flint 12c
Dry Salts.* 10c
Green Salted 6c
D. KIRKLAND,
417 St. Julian street, west. Savannah.
There was besides a long list of ob
scure stocks with 1 to 2 point advances
to their credit, all of which were more
or less impaired by the late refaction.
The market closed rate hr easy in sipite
of a date rise in Colorado Southern and
National.
To-day's bond market continued
rather dull, but was firm. Total sales,
par value, $2,750,000. United States 2s
coupon and the old 4s advanced % and
'the new 4s coupon % per cent, on the
last call.
The total salts for the day were 608.-
100 shares, including Atchison, 8,900;
B. and Ohio, 25,200; Chicago Terminal,
6,300; Colorado Southern, 17,100; do
second preferred, 11,900; Erie. 8,600;
lowa Central, 11,700; do preferred, 2,-
800; Manhattan, 8,900; Mexican Na
tional, 55,900; Minnesota and St. Louis,
8,600; Missouri Pacific, 8,200: Penn
sylvania. 28,500; Reading. 18.000; do
second preferred. 16.000; St. Paul. 17,-
700; Southern Pacific, 22,000; Union
Pacific, 23,600; Amalgamated Copper,
13,800; Colorado Fuel, 33,100; Consoli
dated Gas, 14,400; 'Republic Steel, 11,-
900: do preferred 3,300; Sugar, ex-div.,
19,600; Tennessee Coal, 22,300; United
States Steel, 6,000; do preferred, 5,900.
lew lork Stock anil Bond Lint.
Railway Stocks.
Atchison 75%
do preferred 96%
Baltimore and Ohio 105%
db do preferred 94%
Canadian Pacific 112%
Canada Southern 87%
Chesapeake and Ohio 46
Chicago and Alton 36
do do-preferred 75%
Chicago, Tnd. &nd Louisville 64
do do preferred 78%
Chicago and Eastern Illinois 158%
Chicago and Western. 24%
do do A preferred 87%
do do B preferred 45%
Chicago.and Northwestern 229%
Chicago, Rock Island and Pacific.. 165
Chicago Terminal and Trans (7%
do do preferred 33
C„ C., C. and St. Louis. 101
Colorado Southern 26%
do do Ist preferred 70%
do flo 2fid preferred .. ....!’.-42%
Delaware and Hudson 171% '
Delaware, Lackawapna and West.2Bl j
Denver atm ttio Grande 43%
{Continued on Eighth Page.)
*25 i_* 33 )V 37 )b3l3s|*t 1*23 !! , South. !•241*32a36’a38 |•22j* 30 • 78
5 00p| 3
8 30pj 5 30p 1 05 p 12 35p 10 45a 7 10a) 5 45aj|Ar .... Waycross ....Lv! 6 85a 10 26a 2 Oop) 2 40p| 6 loplO OOplO 15p
12 Goail2 50a 5 00p| 6 OOp 5 OOp 11 00a|l oOa]Ar ... Thomasville ... Lv 3 25a 7 00a I | 2 35pl ]
; JAr .. Jacksonville ... Lv 8 35a 12 20p 12 50p| 345 p) 7 55p! 8 OOp
5 p 4 45p 4 45p 11 30a 11 30a, [Ar Palatka I.v 5 15a 5 OOp
1 13a 7 lOp 7 lOp 7 lOp 2 20p 2 20pi Ar Sanford Lv 1 50a...: 2 lOp
: 12 55a 1 45 p 1 45pljAr .... Gainesville .... Lv 2 15a 2 40p
5 p Ar Ocala Lv ....... 120a 1 50p
I 9 30a 10 lap 10 15piiAr .. St. Petersburg .. Lv 5 45p 6 45a
! 8 05a| i 9 20p 9 20p: Ar „ Punta Gorda .. Lvi ....... 4 40p| 7 00a
j 4 00p' 330 p [)Ar .. St. Augustine .. Lv, ill 10a 11 40a[
...... 4 35p 12 15a 4 45a 9 45a, 6 15a 4:36ai Ar ...... Jesup Lv 7 35a 11 15a: 3 OOpI I 7 30p 10 55p!?0 55p
• Daily, a Daily except Sunday, b Daily except Monday.
fill?
RY.CO. y
I Schedule Effective Jan. 5, 1902.
Trains arrive at and depart from Cen
tral Station, West Broad, foot of
Liberty street, except for Tybe*.
90th Meridian Time— One hbur slower
than city time.
Leave Arrive.
Savannah: Savannah:
| Augusta, Macon, |
iAtianta, Covington,)
* 8 46am|Milledgeville, Am-J* 6 10pm
iericus, Albany and
_ [intermediate points.
|Statesboro, Stillmqre
l 8 45ain and Bruton. 5 6 10pm
Augusta, Macon,
Atlanta, Athens,
Montgomery,
• 9 00pm Columbus, Birmitig- * 7 00am
ham, Amerfcus,
Albany, Eufaula,
_ and Troy.
Dover |
5 6 OOpmj and Statesboro |S 7 48am
1 Accommodation. |
(Dover, Statesboro.l
Stillmore and j*ll 30am
Guyton [
110 00pm| Accommodation. Jl 8 00am
BETWEEN SAVANNAH AMD TY
BEE.
Trains arrive at and depart from
Tybee depot, Randolph street, foot of
President.
Standard (90th meridian) time, ons
hour slower than Savannah city time.
LEAVE SAVANNAH.
Daily—9:oo a. m., 2:30 p. m.
LEAVE TYBEE.
Daily—9:so a. rti., 5:00 p. m.
•Daily. SExcept'Sunday.
Connections made at terminal points
with all trains Northwest, West and
Southwest.
Sleeping cars on night trains between
Savannah and Augusta, Macon, At
lanta, Columbus,' Ga., and Birming
ham, Ala.
Parlor cars on, day trains between
Savannah, Macon and Atlanta.
For complete information, schedules,
rates and connections, apply to
W. G. BREWER, City Ticket and
Passenger Agent, 107 Bull street, or
W. R. McINTYRE, Depot Ticket
Agent.
J. C. HAILE, Gen. Pass. Agent.
F. 7. ROBINSON. Asst. Gen’l Pass.
Agent.
W. A. WINRTTRN, Traffic Manager.
THEO. D. KLINE, General Supt.
Savannah. Ga.
Mills i IK IfiPflßllCo
Steamship Lines
To Baltimore & Philadelphia
Tickets on Bale to All Points North
and West.
First-class tickets Include meals and
berths Savannah to Baltimore and
Philadelphia. Accommodations and
cuisine unequaled.
The steamships of this company aro
appointed to sail from Savannah as
follows (Central Standard Time):
TO H4LTIUORE.
HUDSON. Capt. Robinson,. SATUR
DAY. March 8, 5 p. m.
•NEW ORLEANS,' Capt. Klrwan,
TUESDAY. March 11, 7p. m. K
TEXAS, Capt. Peters, THtJRSDAY,
March 13, 9 a.i m.
ITASCA, Capt. Hudgins, SATURDAY,
March 15, 9 p. m '< . . .
•Steamship New Orleans carries in
termediate passengers only.
TO FUItAUELPHU.
ALLEGHANY, Capt. Chase, SATUR
DAY, March 8, 5 p. m.
BERKSHIRE, Capt. Ryan, "WEDNES
DAY, March 12, 8 a. m.
D. H. . MILLER. Capt.- McDorman,
SATURDAY, March 15, 9 p. m.
Ticket Office, No. 112 Bull street.
J. J. CAROLAN, Agent.
Savannah, Ga.
W. P. TURNER, G. P. A.
A. D. STEBBINS, A. T. M.
J. C. WHITNEY, Traffic Manager.
* General Offices, Baltimore, Md.
9