Newspaper Page Text
trade and finance
,„tto\ market takes another
turn ip ward.
FUTURES 5 TO 11 HIGHER.
SPOT MARKETS VERY STEADY AND
FAIR BUSINESS GOING.
£s llintttc of An Eleven ftllSo# Bale
\ rop do Not Shnkf Faith lu Staliili
. u f prices Around Their Present
Lrrel— Turpentine Firm at 49%@
Kotlni Firm and tnehauged.
Loral and Telegraphic Markets.
The Morning News Office,
Wednesday, March 12.
Bullish developments came on sched
ule time to-day and the cotton futures
market at New York closed steady
11 points higher. Sales of around 400,-
000 bales were reported. The closing
was currently construed to point to a
resumption of the upward movement
the balance of the week, for it is
claimed the statistical position will
disclose marked strength in the posi
tion of cotton.
Talk of short time abroad and a
Continued large American movement is
hwrd. but the market fails to respond
materially to these conditions. Prices
have been well maintained in the face
of the movement all along and this
being so it is naturally assumed that
any material falling ,off in the re
ceipts will precipitate sentiment to a
pitch of extreme bullishness. This is
| confidently expected irt bull quarters,
among them being the large element
o! spot holders at the ports anJ- in the
interior, who confidently look tor
higher prices.
Strong interests are still behind the
cotton market, as was disclosed to
day when Wall street joined the South
in free buying, predicated upon the
theory that an early decrease in the
movement will combine with purchases
by manufacturers to bring about a
further rise. And another element of
strength is the more general expres
sion that a crop of 11,000,000 bales will
net be an excessive one in view of
present estimates of the world’s re
quirements of raiw cotiton. These ex
pressions came from both New York
and New Orleans, it being reported
that an expert of New Orleans is to
put the crop at thfs figure. With the
market responding slightly to such es
timates, from a number of highly re
sponsible sources may be taken to sig
nify that such a crop will not be an
excessive one.
Turpentine closed firm at 42%@43c,
with a fair demand at the inside price.
P.ostins closed firm at the decline. Re
sume of the markets ais follows:
COTTON.
Spot cotton closed steady and un
changed to-day with sales by factors
of 47. While the demand was moder
ate a decidedly firmer undertone pre
vailed, and little inclination was shown
by factors to accept lower prices. In
fact, the day’s developments were bull
ish, and pointed to a more active mar
ket the balance of the week. In the
f. o. b. market exporters were unwill
ing to pay asked prices freely, and
business was therefore upon a small
scale. Current quotations for F. G. M.
was 9c, and G. M. B%c. Cotton futures
at New York steady, s@ll points
higher.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
| This I Last
I day. | year.
Good middling !8% )9
Middling jß6s jB%
Low middling jB% 18
ordinary ..'7 11-16|..
Market steady; sales, 47.
Savannah Receipts, Exports, Stocks:
Receipts this day 1,288
Receipts this day last year .... 3,174
Receipts since Sept. 1, 1901 1,024,231
Same day last year 901,908
''oast 210
Stock on hand this day 42,000
Same day last year 98,686
Port Movement—
Receipts this day* 19,165
Receipts this day last year .... 17,990
Receipts year before last 20,591
Receipts since Sept. 1, 1901 ....6,669,508
Same time last year 6,055,049
Year before last ....5,683,024
Stock at the ports to-day 719,275
Stock same day last year .... 830,582
Daily Cotton Market—
Galveston—Quiet: middling, 8%; net
receipts, 2,444; gross, 2,474; siales, 801;
•took. 138,742. Exports—France, 5,405.
middling, 8%; net
receipts. 741; gross, 741; sales, 440:
flock, 36,528. Exports—Coastivvise, 2,-
Ealtimcvre— Nominal; middling, 964;
gross receipts, 205; stock, 11.254.
Boston—Dull; middling, 914; net re
ceipts, 706; gross, 2,562. Exports—Great
Britain, 1,097.
Wilmington—Firm; middling, 8%;
net receipts, 337; gross, 337; stock, 6,-
875.
, Philadelphia—Steady; middling, 9%;
gross, 655; stock, 3,577.
Savannah—Steady; middling. 86*: net
receipts, 1,288; sales, 86; stock. 42,001.
Experts—Coastwise, 210.
New Orleans—Quiet; middling, 8%;
net receipts. 11,692; gross, 11,692; sales,
stock, 298,481. Exports—Great
Britain. 6,000; coastwise, 2,975; conti
nent, 10,210.
Mobile— Nominal; middling, 8%; net
receipts, 15; gross, 15; stock, 25,422.
Exports—Coastwise, 200.
Memphis— Steady; middling, 8 9-16;
tet receipts, 721; gross, 2.718; sales, 1,-
stock, 78,501.
Augusta—Quiet; middling. 8%; net
£ tock, 39,520.
Charleston—Firm; middling, 8%;
Jet receipts, 208; gross, 208: stock, 5.-
Exports—Coastwise, 615.
I melnnati— Quiet; middling, 864: net
1,081; gross, 1,081; stock', 16,-
8.8.
Louisville— Firm; middling. 8 11-16.
St. Louis_Q U iet; middling, 8 9-16;
.net receipts, 62; gross, 2,800; sales, 50;
®tbck, 48,282.
Houston— Quiet: middling, 8 9-16;
receipts, 62; gross, 2,800; sales, 50;
stock, 48,282.
_^? ust on—Quiet; middling, 8%: net
—Wts. 2,757; gross, 2,757; sales, 651;
York—Quiet: middling, 9%: net
ts - L 147; gross, 6,399; sales, 2,-
o , stock, 146,687. Exports—Great
”tain, 8,240; continent, 371.
lotal To-day—Net, 19,165; Great
io-c? in ’ 15 . 3 37; France, 5,405; continent,
w £ 81 ; stock, 719,275.
Consolidated— Net, 88,707; Great Brit
-52 09>° 2 ’' 69: France ’ 15,989; continent.
Total Since Sept. I—Net, 6,69.508;
wreat Britain, 2,597,223; France, 633,-
M continent, 2,109,857.
SEA ISLAND COTTON.
fpa' fi' e th ere was some demand for
it _. lan<l cotton during the past week
fr,.' 3 ® not at prices acceptable to fac
ilf.i, hence little trading resulted,
built w S are stubborn, and as they feel
t i_ ' , are not apt to sell at other
prices. Crop In sight to date
.19* - asainst 77,707 last year, and 95,-
tollows- 1 be£ore last - Prlcea about as
pf n rices about as follows:
Extra I ° ! rldas 2264023
4 choice Florida* 22 @2264
MURPHY & CO., INC.,
Board of Trade Building, 8a van nab.
_Private leased wires direct to New
A°rk. Chicago end New Orleane.
COTTON, STOCKS AND GRAIN.
New York No. Broadway.
o®* ln principal cities throughout
the South. Write for our Market Manual
end book containing instruction for
traders.
Spencer Trask & Cos,
BANKERS,
2 7 &29 Pine Street, New York,
Now ready for gratui,
fous distribution, 1902
Edition (Pocket Size)
STATISTICAL TABLES.
members n. y. stock exchange.
Choice Floridas 2064021
Fancy Georgias 22 @2264
Extra choice Georgias ...21
Choice 20
Extra fine Georgias 19
Fine Georgias and Floridas ...18
Common 17
Week Ending March 7
Receipts week 297 702
Receipts, season 45,836 55,963
Exports, week 568 90S
Sales, week 72 640
Stock „.... .12 425_ 26,656
cottonTutures.
New York, March 12. —The cotton
market opened steady with prices un
changed to 5 points lower and for a
brief time showed a rather heavy un
dertone through realizing by tired
longs and urgent bear pressure. The
latter contingent were confident that
receipts would overreach early esti
mates and that the English market
would be seriously influenced by the
talk of curtailment in production in
Lancashire. But before the end of the
first hour there was a decided im
provement, while offerings were seen
to have been greatly reduced. Early
cables were quite as expected, while
at the close Liverpool was significant
ly steady. Eullish reports came
through from the South concerning
the spot situation, and rumor had it
that a well known New Orleans sta
tistician intended to reduce his crop
estimates to barely 11.000,000 bales,
while at the same time estimating the
American consumption at 4,160,000
bales, the latter being an increase of
some 400,000 bales over last year. Then
came small estimates for to-morrow's
receipts, a pronounced advance in the
New Orleans market and substantial
bull support from Wall street. Shorts
were unable to withstand this com
bined strength and hastened to seek
cover. Port receipts of only 19,000 bales
as compared with exports, for the day
of 31,000 baits, helped to stimulate
buying for both accounts in the af
ternoon.
During the last hour the bear ele
ment vigorously bid for the May and
July options and at the close the mar
ket ruled firm with prices net 5 to
11 points higher. Total sales were es
timated at 400,000 bales.
.COTTON FITCHES AT NEW YORK.
New Y’ork, March 12.—Cotton futures
opened steady. March, 8.84 c; April,
8.82 c; May, 8.71 c; June, 8.72 e; July,
8.75 c; August, 8.59 c; September, 8.28 c;
October, 8.08 c; November, B.olc.
Cotton futures closed firm. March,
8.97 c- April, 8.87 c; May, 8.84 c; June,
8.86 c; July, 8.88 c: August, 8.70 c; Sep
tember, 8.37 c; October, 8.15 c; November,
8.06 c; December, 8.06 c.
LIVERPOOL COTTON MARKET.
Liverpool, March 12.—Cotton, spot,
moderate business; prices - easier;
American middling, 5 5-32d: good mid
dling, 4%d; middling. 4 2)-32d; good or
dinary, 4 17-32d: ordinary, 4 9-32d. The
sales of the day were 8,000 bales, of
which 1,000 were for speculation and
export, and included 7,500 American.
Receipts 7,000 bales, including 5,800
American.
Futures opened easier and closed
steady; American middling, good ordi
nary clause, March, March-April, 4.44®
4.45d sellers; April-May, 4.45d sellers;
May-June. June-July, July-August, 4.45
@4.46d sellers; August-September, 4.41d
buyers; September-Ocfcober, 4.31@4.32d
buyers; OctoberNovernber, 4.27d buyers.
NEW ORLEANS FUTURES.
New Orleans, March 12.—Cotton fu
tures closed steady. March, 8.64@8.66;
April, 8.69@8.71c; May, 8.77@8.78e; June
8.81®8.82c: July, 8.87@8.88c; August,
8.71@8.72c; September, 8.24@8.25c; Oc
tober, 8.00@8.01c.
H. & H. Beer’s Cottou Letter.
New Orleans. March 12.—As Liver
pool advices were not favorable our
market opened unchanged, but imme
diately after that came firm and ad
vanced 11 points on outside buying on
the report that a New York operator
would issue a bullish circular showing
that the uncounted town stocks were
much less than a year ago. The semi
weekly receipts at the thirteen leading
interior towns were 39,000, against 37,-
000 last year, the loss in stock being
10,000 as compared to a loss of 4,000
last year. Manchester cabled officially
that short time was increasing in
yarns. Fall River wires that the op
eratives hold a meeting to-night, and
are likely to approve strike unless high
er wages are granted. Sentiment con
tinues very bullish on the assumption
that stocks are depleted in the interior,
and that the long expected perpendic
ular drop in receipts will certainly ma
terialize shortly. The reiteration of
this same feature for over twelve
weeks, even though it has never been
realized, has not lost its charm with
the speculative public. To make the
crop only 10,000,000, there must be a
loss from now out of over 900.000 un
der last year, and a loss of 436,000 dur
ing the same time if the crop is 10,-
500,000; therefore it can be readily seen
that there must be a decided decrease
in the movement for the balance of
the season to bring out either of the
above figures. In the meanwhile the
demand for spots has become restrict
ed, and short time is increasing in
Manchester, consequently we still think
it advisable to pursue a conservative
policy for the moment.
Hubbard Bros. & Co.’a Cotton Letter.
New Y'ork, March 12.—Further exten
sion of short time amongst the Lanca
shire spinners due to accumulation of
yarns at unremunerative prices caused
a decline in Liverpool, which was re
covered at the close on the better ad
vices from here. Our opening was a
shade lower but it was seen that there
were many supporting orders on the
basis of 8.75 c for July and local traders
were quick to advise purchases for a
turn in anticipation of light receipts.
This buying caused a quick rally of
ten points at which point the market
became quiet. A further improvement
in Liverpool is expected to-morrow in
FINANCIAL.
JOHN W. DICKEY,
SQck and Bond Broker,
AUGUSTA. GA.
Write for List.
SAVANNAH MORNING NEWS: THURSDAY. MARCH 13. 1902.
Savannah Bank
and Trust Go,
Capital, $350,000.
JOSEPH D. WEED. Prealdeut.
JOHN C. HOWLAND, Vice President.
WM. F. McCAIJI.EY , Cashier.
PA ML. L. CLAY, Asst. Cashier.
A general banking and exchange
business transacted.
Savings Department, Interest
computed quarterly.
Accounts cf merchants, banks
and corporations solicited.
American Express Company’s let
ters of credit Issued available in
all parts of the world.
Collections carefully made sad
promptly accounted for.
Safety Deposit Boxes and storage
vnult for rent.
Correspondence invited.
answer to the steadiness here to-day.
The movement this week is expected to
be about the same as last season but
a falling off is expected next week.
DRY GOODS.
New York, March 12.—There has
been a generally better demand re
ported to-day for cotton goods with
evidences of jobbers needing to replen
ish stocks more freely than of late.
Prices are very firm throughout. Print
cloths quiet, pending to-night's meet
ing of operatives at Fall River. Men’s
wear woolens and worsteds dull, but
woolen goods firm. Staple dress goods
generally well sold for fall.
. \ NAVAL STORES.
Wednesday, March 12.
TURPENTINE The turpentine
market opened firm at 43c, with no
sales, and closed firm at 42%@43c, with
sales of 327. At the moment the de
mand is not of an urgent nature,
which probably explains factors’ wil
lingness to accept -concessions. Re
ceipts to-day 110, and the exports 320.
ROSINS —A break came in the rosin
market to-day, but in view of the easy
tendency for the past few days no sur
prise was expressed. Factors held out
as long as there was afiy hope of get
ting quotations. There being no urgent
demand just now placed them at a
disadvantage in their efforts to sup
port the market and declines of sc. on
I and below resulted. Receipts 1,557,
and the exports 1,049. Prices as fol
lows:
A, B, C ..$1 25 I 7 $1 70
D 1 25 K 2 45
E 1 30 M 2 85
F. 1 35 N 3 25
G 1 40 W. G 3 60
H 1 45 W. W 3 85
il-1902.
Spirits. Rosin.
Stock April 1, 1901 5,705 135.841
Receipts to-day 110 1,557
Receipts previously 310,465 1,044,861
Total since April 1 316,270 1,182,259
Exports to-day 320 1,049
previously 306,339 1*004,043
Exports since April 1.306,659 1,006,092
Stock on hand to-day .. 9,621 177,167
This day last year .... 8,246 173,881
Charleston, March 12.—Turpentine
and rosin unchanged.
Wilmington, N. C., March 12.—Spir
its turpentine, nothing doing; receipts,
19.
Rosin firm: receipts. 282.
Crude turpentine steady at $1.35 to
$2.50; receipts, 8.
Tar firm at $1.20; receipts, 389.
New York, March 12.—Rosin firm;
strained, common to good, $1.5764®
I. Turpentine firm.
FINANCIAL.
MONEY—Market easy.
FOREIGN EXCHANGE Market
firm. Commercial demand, sterling,
$4.8664; 60 days, $4.84; 90 days, $4.83
French 5.19; Smiss, 60 days, 5.2164;
Belgin, 5.2064; marks, 60 days, 9434
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; 600100, 20c: 1000200, 25c; 200@300,
30c; 300@400, 35c; 400@500, 40c; 500@600.
45c; 600 and over, 75c per M premium.
SECURITIES —Market inactive and
dull.
Stocks.
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 13664 13764
Chatham Bank 65 66
do R. E. and I. C. A 5264 53
do do B 52 5264
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 8ank...114 115
National Bank of Savannah.lso 154
Oglethorpe Sav. & Trust Cos. 112 114
People’s Savings and Loan .. 9464 95 64
Seaboard common 24 25
do preferred 47 48
Southwestern 11764 11864
Savannah Gas Light Cos 2264 2364
Southern Bank 158 64 1 5964
Savannah Bank and Trust ..118 120
Sibley Mfg. Cos.. Augusta .... 72 74
Savannah Brewing 80 90
Bonds.
Char., Col. and Aug. Ist 5s
1909 114 116
Chat, and Gulf R. R. 5 per
cent. Ist mortgage 103 104
Atlanta 4s, 1923 105 108
Augusta City 4s. 1931 107 108
do 4645, 1926 112 114
do 7s, 1903 102 104
do 6s. 1913 116 117
Ala., Mid. 6s, tnd’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 ss,
1945, F. and A 121 122
C. of G. con. ss, 1945, M.
and N 110 111
do Ist incomes 77 78
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 9864 10064
Charleston City 4s, 1909 97 99
Eagle and Phenix Mills, 6s
1928 106 107
Enterprise Mfg. Cos. 6s, 1903.. 102 103
G. R. R. 6s, 1910 112 113
G. S. &F. Ist 114 115
Georgia and Ala. cons. 55..110 111
Ga. State 364*. 1930 10864 110
do 364®, 1915. M. and N 105 106
do 464*. 1915 116 117
Macon city 6s, 1910, J. and J. 115 116
do 4645, quar, gen 110 111
Ocean Steamsnlo 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 4645.
1933 112 113
Sibley Mfg. Cos., 6s. 1903 ...100 102
South Bound ss* 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 ...
ESTABLISHED I*7l.
VBNBY BEER BERTRAND BKUL
bdoab h. bright.
h. & bTbeer,
Cotton i Merchants,
NEW ORLEANS.
Membsrs of New Orleans Cotton Ex
change, New York Cottor. Exchange and
Associate Members Liverpool Cotton As
sociation.
gpeclal attention given to the execution
f contracts for future delivery In cotton.
MONEY' MARKET.
New York, March 12—Close: Money
on call firmer at 364 to 4 per cent.,
closing at 3@4 per cent. Prime mer
cantile paper 464@5 per cent. Sterling
exchange steady, with actual business
in bankers' bills at $4.8764@4.87% for de
mand and $4.55@4.55% for sixty days.
Posted rates $4 86 and $4.8864. Com
mercial bills $4.84 64 ®4.5564- Bar silver
5464 c; Mexican dollars, 436jc. Govern
ment bonds steady: state bonds inact
ive: railroad bonds irregular. Silver
certificates 55%c.
STOCKS AND BONDS.
New York. March 12.—There was
some show of animation in to-day’s
stock market on an upward range of
prices. The strength did not permeate
the whole market, but there were more
of the usually prominent stocks con
cerned in the movement than has been
the rule recently. The most conspic
uous of these was Amalgamated Cop
per, in which there was evidence of
liquidation, with only occasional inter
missions during which the fall received
a momentary check. The extreme de
cline reached 4% points. The selling
of the stock was accompanied by ru
mors that the next dividend will be
reduced or passed. No authoritative
information was to be had on the sub
ject, nor on the many reports that the
marketing of the company's surplus
stock had involved heavy losses.
The weakness of this stock gave an
occasional check to the advance at
other points, but did not materially af
fect the stronger tendency of the mar
ket. Covering by alarmed shorts seem
ed to play a part in the advance,
especially in the coalers, which have
been freely sold on rumors that the
anthracite miners were determined to
push demands that would not be grant
ed. To-day equally assured predictions
were heard that there would be no
labor troubles in the coal trade and
that there was no room for dissatis
faction. There was no authoritative
information on this subject either.
Another case where speculative sen
timent was reversed from that of yes
terday was on the outlook for the win
ter wheat crop, on reports of copious
rains in Texas and the Southwest.
Buying to cover short contracts was
particularly effective in Missouri Pa
cific, which also had the advantage ot
a reported increase in gross earnings
for the first week of March.
The calmness of Ihe money market
was the final factor of a general char
acter on the strength in stocks. The
rate for money is firm and nobdy is
found to predict an early relaxation of
rates, but feeling was reassured to
day that there is no immediate danger
of forcing a condition of stringency. It
is supposed that the trust companies
are putting out loans at the higher
rates and thus relieying some of the
pressure upon the banks. This shift
ing of loans from the banks to the
trust companies does not effect any
real strengthening of the money sit
uation as the cash reserves of the
trust companies are on deposit with
the banks, and the ultimate reserve
against the loans is thug unchanged.
The foreign exchange market indi
cates alSo that loans are still being
renewed and extended from foreign
lenders. Special strength was shown
to-day by General Electric. Westing
house Electric. North American, the
Virginia-Carolina Chemical stocks, the
Cotton Oil stocks, the Readings and
Peoria and Eastern. There were gains
of a point or over for a large number
of stocks which were modified by a
late realizing movement.
The bond market continues rather Ir
regular and moderately active. Total
sales par value $2,340,000. United
States bonds were unchanged on call.
Total sales of stocks for the day
were 675,300 shares. Including Atchison
8,900; Chicago and Great Western, 20,-
600; Chicago Terminal and Transpor
tation preferred, 5,300: Erie, 15,700;
Manhattan L, 10,000; Mexican National,
t. r., 7,200; Missouri Pacific, 14,900;
Pennsylvania. 18,400; Reading, 55,300;
Reading first preferred, 8,500; Reading
second preferred, 37,600; St. Paul, 9,300;
Southern Pacific, 23,000; Southern Rail
way, 8,900; Union Pacific, 11,300; Wis
consin Central. 44,300; Wisconsin Cen
tral preferred, 8,800; Amalgamated
Copper, 119,300; Consolidated Gas, 10,-
200; People’s Gas. 5,700: Republic Steel.
5,400; Sugar, 9,700; United States Steel,
27,400; United States Steel preferred,
11,200.
New York Stock mid Rond List.
Railroad Stocks.
Atchison 74%
do preferred 96%
Baltimore and Ohio .-10464
do do preferred 94
Canadian Pacific 113
Canada Southern 8764
Chesapeake and Ohio 4.',%
Chicago and Alton 3664
do do preferred 7564
Chicago, Ind. and Louisville 63
do do preferred 78
Chicago and Eastern Illinois 157
Chicago and Great Western 2464
do do A preferred 88
do do B preferred 45
Chicago and Northwestern 226*4
Chicago, Rock Island and Pacific.l6B64
Chicago Terminal and Trans 18%
do do preferred 36
C„ C., C. and St. Louis 100
Colorado Southern 2764
do do Ist preferred 73%
do do 2nd preferred 45%
Delaware and Hudson 171
Delaware, Lackawanna and West. 279
Denver and Rio Grande 43 ;
do do preferred 90%
Erie 3664
do Ist preferred 67
do 2nd preferred 54
Great Northern preferred 183
Hocking Valley 69
do do preferred 84
Illinois Central 13964
lowa Central 4964
do do preferred 83
Lake Erie and Western 67
do do preferred 129
Louisville and Nashville 10364
Manhattan L 12964
Metropolitan St. Ry 167%
Mexican Central 29*4
Mexican National 20%
Minneapolis and St. Louis 11064
Missouri Pacific 98%
Missouri, Kansas and Texas .... 2464
do do preferred 53%
New Jersey Central lsg
New York Central 162%
Norfolk and Western 5664
do do preferred 90%
Ontario and Western 3264
Pennsylvania I'>l%
GEORGIA SUPPLY CO.,
Snveniiih, Ga.
“Everything; In Mill Supplies.”
Our motto, Promptness in shlp
lllSfi
Both phones 1206.
Southern
Railway.
Trains arrive and depart Savannah
on 90th meridian time—one hour slower
than city time.
Schedule Effective Jan. 16, 1902.
TO THE NORTH AND EAST.
I Daily Daify (Dally
|ex.Su|
Lv Sav’h (C. TANARUS.) 4 30p]12 55pj12 30a
Ar BlaCkville (E. TANARUS.) 8 08p 4 2Spi 4 2Sa
Ar Columbia 9 30p| 6 lOpj 6 16a
Ar Charlotte 12 33a. 9 lopj 9 oaa
Ar Greensboro 2 4Sa;U 54p ; 12 35p
Ar Danville 3 51a! 12 57a| 1 40p
Ar Norfolk |~T7.| 8 30 a ]10*40p
Ar Richmond ,| | 6 00a; 5 43p
Ar Lynchburg ..!.,riT62a 2 42a 4 07p
Ar Charlottesville .. 7 32a 4 35a 5 52p
Ar Washington .... 10 15a 7 35a 9 30p
Ar Baltimore 11 25a 8 56a 11 35p
Ar Philadelphia ... 1 36p 11 12aj 2 56a
Ar New York | 4 13p 1 43p t 13a
Ar Boston |. 8 20pj R 90p
TO THE NORTH AND WEST.
Lv Savannah (Central Time).. 12 30am
Ar Columbia (Eastern Time).. 6 15am
Ar Spartanburg ” 10 20am
Ar Asheville (Central Time)... 1 00pm
Ar Hot Springs ” 2 37pm
Ar Knoxville ” 6 10pm
Ar Lexington ” 5 66g*n
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
a. m.
No. 31, daily except Monday, from
New York and Washington, 10:20 a. m.
No. 33, daily, from New York and
Washington, 3:05 p. m.
All trains arrive and depart from
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 exclusively 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
Drawing-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.
WEORGIA,
m. Ry!go, /
Schedule Effective Jan. 5, 1902.
Trains arrive at and depart from Cen
tral Station, West Broad, foot of
Liberty street, except for Tybee.
90th Meridian Time —One hour slower
than city time _
Leave Arrive.
Savannah: Savannah:
| Augusta, Macon, |
[Atlanta, Covington,
• 8 45am]Milledgeville, Am- • 6 10pm
lericus, Albany and
[intermediate points.
IStatesboro, Stillmore
8 8 45am; and Bruton. § 6 10pm
I Augusta, Macon,
Atlanta, Athens,
1 Montgomery,
• 9 00pm Columbus, Birming- • 7 00am
ham, Americus,
[ Albany, Eufaula,
J and Troy.
Dover
! 6 00pm; and Statesboro [I 7 48am
1 Accommodation. |
I Dover, Statesboro,!
Stillmore and I*ll 30am
Dublin. |
. I Guyton
810 OOpmf Accommodation. |J 6 00am
BETWEEN SAVANNAH AND TY
BEE.
Trains arrive at and depart from
Tybee depot. Randolph street, foot of
President.
Standard (90th meridian) time, one
hour slower than Savannah city time.
LEAVE SAVANNAH.
Dally—9:oo a. m., 2:30 p. m.
LEAVE TYBEE.
_ Dally—9:Bo a. m.. 5:00 p. m.
•Daily. {Except 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. scheduie,
rates and connections, apply to
W. G. BREWER. City Ticket and
Passenger Agent, 107 Bull street, or
W. R. McXNTYRE, Depot Ticket
Agent.
J. C. HAILE. Gen. Pass. Agent.
F. J. ROBINSON, Asst. Gen’l Pass.
Agent.
W. A. WTNBT7RN, Traffic Manager.
THEO. D. KLINE, General Supt.
Bavannah. Ga.
Reading 54%
do Ist preferred 80%
do 2nd* preferred 66%
St. Louis and San Francisco .... 60
do do Ist preferred 84
do do 2nd preferred 71%
St. Louis Southwestern 13%
do do preferred 56%
St. Paul 163%
do do preferred 190
Southern Pacific 64%
Southern Railway 3264
do do preferred 95%
Texas and Pacific ’,564
Toledo, St. Louis and Western .. 22
do do preferred 10
Union Pacific 98%
do do preferred 86%
Wabash 23
do preferred 42
Wheeling and Lake Erie 19%
do do 2nd preferred 32
k Wisconsin Central 23%
do do preferred 4564
Express Stocks.
Adams Express 202
American Express 225
United States Express Uu
Plant System
of Railways.
Trains Operated by 90th meridian Time—One Hour Slower Than Clty Tim*.
BEAD DOWN. Effect!VS Jan 19, 1902. READ UP.
aJ#_| *32 _ | *6 T-7* fj North and South jj *23 f_*3s | b 37J *5
5 15p ~1 05p| 7 30a 1 30a!|Lv Savannah Ar j 3 OO.ai 8 lOat’lO 50a 8 30p
9 ljp 5 lOp 12 3Op 6 40a Ar ... Charleston Dvjjll 35p| 6 10a, 8 45a 5 30p
6 40a 3 57a; 7 45p Ar Richmond Lv 9 05a| 7 23p 11 50p
10 33a 7 36a ; 11 .. Washington .... Lv; 4 30a: 345 p, 8 ICp
1142a 8 56a; 1 JSa'lAr .... H 2 55a] 2 16p 6 55p
1 57pi1l
4 33p 1 43pC:::. 7 ISa Ar .... New York Lv S 25p ; 9 25a 2 lOp
u_o°p S, 80p! 2 OOp’lAr ....... Boston 1 (Bp 1 !* n’t.|in (Kia
NORTH. WEST AND SOUTHWEST.
35 I 29 ! ~ via Jesup. I 24 j 30
5 00pf 5 OOa'Lv Savan’h Arl 9 25a112 20a
7 OOp. 6 15a Ar Jesup. Lv! 7 35a l 0 55p
5 00a 1 35p;Ar Macon Lv| 1 00a] 2 30p
6 20a 3 50p:Ar Atlanta Lv 10 45p 12 05p
9 45a 8 40p!Ar Chat'ga Lv 6 05p| 6 45a
7 30p 7 30a Ar Loulsv. Lv 7 45a. 7 45p
7 SOp 7 45a!Ar Cln’natl Lv 8 30a| 7 OOp
7 04a 6 OOpiAr.St LoutsLv 9 16p 8 08a
7 23a 5 10p,Ar Chicago Lv| 9 OOp! 9 OOP
5 20a' 4 15p]Lv Atlanta Ar 10 45pi1l 30a
8 05p 10 00a Ar Memp’s Lv 8 15a! 9 OOp
_9 45a| 7 IQajAr K. City Lv 6 30pi 9 45p
~~ 28 j~~29 lVla~M’tgomeryr 24 | 22 ~
5 00p| 6 OOa'Lv Savan’h Ar! 9 25a| 9 15p
8 lOai 6 30p;Ar M’tg’iny Lv 7 45p 7 00a
7 06p 3 20alAr Nashvl’e Lv 9 00a 2 21a
2 30a 8 20p]Ar Louisvi’e Lv 3 Ooa 9 12p
7 20a 7 59p'Ar Clnc’natl Lv 1115 p 5 45p
7 20a 7 50p] Ar St. Louis- Lv 8 55p 8 23p
j (L. & N.)
7 32a |Ar St. l.ouls Lv 8 23p ......
j (M. * O.)
9 15a 9 ISp|Ar Chicago Lv 7 OOp 7 OOp
4 15p 2 55a;Ar Mobile Lvll2 iOp 12 30p
_BJ!sp| 7 25alAr N.Orle’ns Lv| 8 00p( 8 OOp
315 p 8 20a.Lv Sava’h Arl 9 00a 9 15p
8 SOp 12 50p]Ar Tlfton Lv 2 00a 4 05p
10 30p 2 06p'Ar Albany Lv 11 20p 2 49p
Through Pullman Sleeping Car
lee to North, East and West, and to
Florida.
Connections made at Port Tampa
with U. S. mall 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.
R. C. BLATTNER, D. T. A., Georgia
'Phone 911.
J. H. D. SHELDMAN, Traveling
Pasenger Agent.
B. W. WRENN, Passenger Traffic
Manager, Savannah. Ca-
SEABOARD
AIR LINE RAILWAY.
SCHEDULE EPFEBCTIVE MARCH 2, 1902.
Trains operated by 90th meridian time—One hour slower than city time.
N0.40|N0.66 N0.34| NORTH and SOUTH' (No.Sl |NoT"lNols
346 pl 2 15a| i SjplLv SAVAXffAH Arjl2 05p| 4 40a'l0 00a,"
5 12p 1 13ai 302 pAr Garnett...; Lv|U 03al 3 30aI 8 52a
6 OOp 1 44a| 3 40p|Ar Fairfax LvilO 30a 2 57a; 8 09a
6 55p 2 20aj 4 27p|Ar Denmark Lv 9 52a| 2 17a 7 20a
8 40p 3 55a 6 OOp Ar Columbia Lv| 8 40a 1 05a| 5 40a
iFii 5 55al 8 OOp Ar Camden Lvi 8 34a 12 53a! J —7S
S %'a 8 05a 10 15p Ar Hamlet Lv 6 40a; 10 35pip * ■
a E |l2 05p| Ar Wilmington Lv|..’.....l 3 06p|S,^
£*3 9 22a111 33p Ar .Southern Pines Lv! 5 27a 9 27p $ _
E P I 9 20a 112 06a!Ar Pinehurst Lv 4 45a: 6 20p ,C~2
b M 30a| l 30a Ar Raleigh • Lvj 3 30a 7 35p:~° 3
5 2* ® 3 5 p j H ,a i^ r Portsmouth Lvj 8 50p| 9 26ai„ 0 g
e 0 i 4 ? 5p 6 3f>a Ar Richmond Lv|lo 33p' 2 38p15!s
is j- ;,? ™ a !* r Washington Lvj 7 OOp 10 Ola ?
- 2 £ 11 25p|1l 26a:Ar Baltimore Lv! 5 45n 9 34n f >fl3
-a : 2 56a, 1 35p Ar Philadelphia Lvi 2 29p 12 10ai°2 2
iifJ 6 30a 415pAr ~..>gw vork lv|ilis|u lslzs
.......j 4 30p| 4 45a|12 10p|Lv SAVAXXAH Arfl 50pi12 10a|12 "flip! ~
o>s iAr Darien Lv| I TJ*>”
o a 7 °° p ! 7 42a l 2 r, °P Ar Brunswick Lv 11 Ilia! s .-ion i
gall ill 20a ’ 6 OOp Ar Fernandina Lv! 7 25a P "7 25a *
£> ! 9 15p ,? £!,! 5? p Ar ..JACKSOXV.LLB.. LvilO loafs‘dop! 7 15a] 2
1 , i 44ail ° Ar • Waldo.. Lvi 5 18ai 1 30p[ -g, 3 *
Ar Cedar Key Lvi 5 00a
g“ o I 4 ? P 12 l? a Ar ..Ocala Lv j 3 00a 11 52a! 3 "
I \ JJp 5 Leesburg: Lv 11 r>9p 10 15a -o <*§
£ 1 4 “PI 3 Xla Ar Dade City ....! tv l? 2p 9 ssa f!!!!!
_ 1 1 5 40pj 5 00a Ar TAMPA f Lv|‘ 9 00? l 8 I l
? Io - 2 ‘ ■ SOUTH and WEST. 1N0.66 N0.73 1N0.71 | WEST 7 i N0.7JTTN0.74
4 45a Lv SAVANNAH,.. Ar:l2 10a 8 OOp I 7 10a Lv SA V'X Ar 1 8~2501 - iTo(hi
9 05a Ar .... Jacksonville.... Lv 7 40p 8 49pj 7 57a lAr Cuyler Lv| 7 35p 1 14a
JJ li a j Ar V a . ke f 5 2,p 8 ,5p 8 25a|Ar Pemb’ke Lv;7 08p: 6 48a
?3 p Ar Live Oak Lv 4 44p 9 42p : 8 55a|Ar Daisy Lv 6 40p| 6 23a
12 58p!Ar Madison Lv 352 p 9 49p| 9 05a Ar Clax’n Lv 6 33p> 8 15a
3 15P|Ar Montlcello Lv 1 43p 9 49pl 9 05a|Ar Collins Lv 6 05pi 6 15a
3 Ifip Ar ....Tallahassee.... Lv 1 43p 10 15p, 9 33a Ar Lvons Lv 5 35p! 5 20a
4 Hp'Ar Quincy Lv 12 48p 11 17p 10 40a Ar .Alley. Lv 5 Olp 4 49a
5 05p Ar ...River Junction.. Lv[l2 lOp 11 46p;1l lOa'Ar Alamo Lv 4 30p! 4 20a
10 OOP Ar ....PENSACOLA.. .. Lvi 7 00a 12 09a 111 35a Ar Helena Lv 4 Ogpi 3 59a
Additional train leaves Jacksonville 7 01a 12 36p!Ar Alybev’eLv 2 lop 3 05a
4:00 p. in., makes all local stops and■••••••! 8 lOpfAr Fitzg'd Lvj 8 15aj 7 OOp
arrives Tallahassee 10:00 a. m. Return- 4 2llu 72 55p Ar Roch’e Lv 2 55p 2 47a
Ing, leaves Tallahassee 4:00 a. m. and 2 ?2 a 4 43 P;Ar Cordele Lv 2 lOp 2 05a
arrives Jacksonville 10:00 a. m. ? ?0a 330 pAr Albany Lv;l2 05p' 4 45p
Parlor Cars on trains 71 and 72 and 3 l- a ; 312 pAr Am cus Lv:l2 45pj12 40p
Pullman Sleepers on trains 73 and 74 j 2?®! 2 ? p Ar < „ p T f us , Lv 10 10a 1 .......
between Savannah and Montgomery.: ? ?? a ,? ???
Close connection made at Montgomery 5 ?9 a j 5 --f i' 1 moa'cyA’t 10 7^
for Mobile, New Orleans and all points JLP 53 ! 7 oSPjAr MOX Y Lv{B 20| 8 OOp
lr>. the Southwest, and for Birming
ham, Nashville, Memphis and for all points Jn the West and Northwest.
Close connection at Cuyler for Statesboro and at Cordele with G. S. & F. for
Macon. Atlanta and Chattanooga.
Train No. 34, the FLORIDA AND METROPOLITAN LIMITED, solid
vestihuled train, Pullman equipment between St. Augustine, Jacksonville,
Savannah and New York via Richmond and Washington, also sleeper to Old
Point Comfort, Va. Dining cars between New York and St. Augustine.
No. 66, SEABOARD FAST MAIL, day coaches, mall, baggage and express
cars between Jacksonville and Washington, and Pullman sleepers Savannah
to Now York.
Full information at City Ticket Office, corner Bull and Bryan streets.
Telephone No. 28. JOS. W. STEWART. C. P. and T. A
W H PLEASANTS. R E. L. BUNCH, W. P. SCRUGGS,
Traffic Manager. Gen. Pass. Agent, Dlv. Pass. Agent.
Portsmouth, Va. Portsmouth, Va. Savannah, Ga.
HIDES, HIDES, HIDES.
Dry Flint 12c
Dry Salts.* 10c
Green Salted 6c
D. KIRKLAND,
417 St. Julian street, west. Savannah.
■ ■
Wells largo 190
Miscellaneous Stocks.
Amalgamated Copper 64%
American Car and Foundry 30%
do do preferred SS'4
American Linseed Oil 2264
do do preferred 5564
American Smelting and Refining.. 46%
do do preferred 38
Anaconda Mining Cos 31%
Brooklyn Rapid Transit 63%
Colorado Fuel and Iron 93%
Consolidated Gas 221
do do preferred 117%
General Electric 302
Glucose Sugar 43
Hocking Coal 16Vs
International Taper 20
do do preferred 76%
International Power 87%
Laclede Gas, ofd 90 *
National Biscuit 4864
National Lead 16%
North American ... 99%
Pacific Coast 74
Pacific Mail 777^
People's Gas 100
Pressed Steel Car 39%
do do preferred 82%
Pullman Palace Car 230
Republic Steel 17%
do do preferred 73%
iContlnutd o Eighth Page.)
* 25 | * 33 b 37 1 b 31 * 35 J • SB J * 23 [[ South. 11 * 24 * 33 a 36 [ a 38 J * 22 | • SO J • 78
5 OOp; 3 Up 10 55a 110 25a 8 20a 6 OOaj 8 15aJ Lv Savannah Ar 9 25a 12 45p 4 25p| 5 lOpI 9 15p112 20a[ 1 00a
8 30p 5 SOp 1 05p 12 35p 10 45a 7 10a 5 45a Ar .... Waycross ....Lv 6 25a 10 26a 2 05p| 2 40p; 6 15p]l0 OOpllO 15p
12 50a 12 50a 5 OOp' 6 OOp 5 OOp 11 OOa'l 00a| Ar ... Thomasville ... Lv 3 25a 7 00u | | 2 35p| 1
1 13a 7 10p! 7 lOp 7 lOp 2 20p[ 2 20p| Ar Sanford .... Lv 1 50a 2 lOp j
1 56a 2 45p| 2 45pj Ar Ocala Lv 1 20a 1 50p j
5 p 10 15p! Ar .. St. Petersburg .: Lv 5 45p 6 45a ,
8 Ooal ! 9 20p 9 20p! Ar .. Punta Gorda .. Lv] 4 40p 7 00a
I 4 00p' 330 p I!Ar .. St. Augustine .. Lv' |ll 10a 11 40a ;
.( 6 05p[ 2 35p| 1 10p( 1 10p| 7 50a 7 OOa||Ar .... Brunswick .... Lvj 4 45a| 9 45a[ 1 35pf 3 OOp) 9 05p[ 9 05p [
* Daily, a Dally except Sunday, b Daily except Monday.
Wiiuib iispofiimico
Steamship Lines
To Baltimore & Philadelphia
Tickets on Sale 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 are
appointed to sail from Savannah aa
follows (Central Standard Time):
TO UiLTIttORE.
TEXAS, Capt. Peters, THURSDAY.
March 13. 9 a. rn.
ITASCA, Capt. Hudgins, SATURDAY.
March 15, 9 p. m.
♦Steamship New Orleans carries in
termediate passengers only.
TO PHILADELPHIA.
D. H. MILLER, Capt. McDorman.
SATURDAY, March 15, 9 p. m.
ALLEGHANY, Capt. Chase, WED
NESDAY, March 19, at 3:00 p. m.
BERKSHIRE. Capt. Ryan, SATUR
DAY', March 22, at 5 p. ItL
Ticket Office, No. 112 Bull street
3.3. CAROLAN, Agent.
Savannah, Ga. >
W. P. TURNER. G. P. A. ’ll.*.
A. D. STEBBINS. A. T. M.
J. C. WHITNEY', Traffic Manager.
General Offices. Baltimore. Md.
OLD NEWSPAPERS, 200 for 25 cents,
At Business Office, Morning News
9