The Savannah morning news. (Savannah, Ga.) 1900-current, February 27, 1903, Page 9, Image 9

Below is the OCR text representation for this newspapers page.

TRADE AND FINANCE tub cotton market excited AND OX A BIG BOOM. FUTURES 22 POINTS UP. LARGE SALES OF SPOT COTTON IN THE SAVANNAH MARKET. Liverpool Leads With n Jump of 13 to 1 t Points, Closing: Strong—New lurk Adtanrei Nearly 30 Points, lint Hearts Slightly—Netv Orleans l.'i to 30 Points Higher—Savannah Spot Advanced 1-S— Bulls Conti nent of Higher Prices—New York Stock Market Lower—Grain firm. Provisions Still Advancing—Naval Stores Firm liut I nrliungeil—Local and Miscellaneous Mnrkets. The Morning News Office, Thursday, Feb. 26, 1903. The bulls in the cotton market were in high feather to-day. An early ad vance of some 8 to 9 points i.i the Liverpool caused the American mar kets to gain about 10 points at the opening. Later, Liverpool further ad vanced 3 or 4 points, and May in New York was put up to 10c, chiefly, It is reported, on bidding by what is call ed the Boston crowd. After a little reaction the market again became strong, and prices moved up rapidly until May reached, 10.09 c; March touched, 10.10 c. and July, 9.90 c. This represented an advance for the day of 27®28 points, but near the close sales to realize caused a slight reaction, final prices showing a gfiin of about 22 points for the active months. In New Orleans the market closed about 15 points higher. The market was ac tive ail day, the New York sales being estimated at about 600,000 bales. Besides the strength of Liverpool the bulls were supported by bullish statistics. Port receipts for the day were 7,000 bales less than last year, and the estimates for to-morrow pro portionately smaller. New Orleans ex pects, 7,500 against 12,400: Houston, 3,080, against, 6,000; Galveston, 5,500, against, 8.200. The bulls are jubilant, and are talk ing confidently of 11 cents. They do not see what is yet to check the up ward trend of prices as long as the movement continues to point to a to tal crop of not over 10,750.000 bales, when consumption is proceeding merri ly to the tune of 11,000,000 to 11,250,000. The local market was strong at an advance at 1 p. m„ of %c on all grades. Some large lines were sold, the total transactions being the largest in a considerable time. The unsold stock here now is very much reduced, probably not over 4,000 bales of up lands, and it is stiffly held. The New York stock market was lower except for a few specialties, most of the active railroad and Industrial shares closed from 1 to 2 points lower. Grain markets were firmer, still led by corn which closed about %e higher. Provisions continued strong, with high er prices for meats. Naval stores were firm, but without quotable change in prices, Sales of turpentine were light, but there was a good inquiry for rosins. There were some important changes in the miscellaneous local markets, more especially in groceries etc., to which attention is directed. - Details in full are given below. COTTON. The market for spot cotton was firm all day, with a quoted advance of %e on all grades. A heavy business was done, some large lines changing hands, the total sales reaching nearly 3,500 bales. Holders are very much encour aged by the strength of the controlling markets, and are generally disposed now to demand still higher figures. Some business was done f. o. b. at %c advance, and the interior is now of fering sparingly at about 10 5-16 c for good middling. The following were the official spot quotations at the close of the market at the Cotton Exchange to-day; ■ i This | Last I day. I year. Good middling 110*4 jS% Middling 19% |B% Low middling |9% |7% Good ordinary !8% |7 7-16 Market firm; sales. 3.473. Receipts. Exports and Stocks— Receipts this day 3,986 Last year 2,688 Year before last 3,782 Receipts since Sept. 1, 1902... .1,145,742 Receipts same time last year 995.812 Stocks— Stock to-day 83,709 Stock last year 47,307 Receipts and Stocks at All Ports— Receipts this day 17.455 This day last year 34,250 This day year before last 24,767 So far this week 115,700 Last year 125,612 Tear before last 107,203 Receipts since Sept. 1, 1902... .6,539,057 Since Sept. 1 last year 6,392,900 Stock at all ports to-day ...... 828,929 Stock same day last year 756,104 Daily Cotton Market — Galveston —Strong; middling 9 15-16 c; net receipts, 5,193; gross, 5,193; sales, 2.123; stock, 212,278. Exports—Coast wise, 5,934. Norfolk—Firm; middling 9 15-16 c; net receipts, 1,557; gross, 1,557; sales, 1.254; stock. 31,719. Exports—Coast wise. 1,807. Baltimore—Nominal; middling 10%c; gross receipts, 382; stock, 5,642. Boston—Steady: middling 10.25 c; net receipts, 1,752; gross, 3,469. Wilmington—Firm; middling 9%c; net receipts, 310; gross, 310; stock, 11,- 548. Philadelphia—Firm; middling 10.50 c; stock, 5,983. Savannah—Firm; middling 9*c; net receipts, 3,986; gross, 3,986; sales, 2,- 576; stock, 83,709. Exports—Coastwise, 250. New Orleans—Firm; middling 9%c: net receipts, 3,226; gross, 3.226; sales, 10,300; stock, 312,593. Exports—Conti nent, 3.300. Mobile—Firm; middling 9%c: net re ceipts. 35: gros3, 35; stock, 14,090. •Memphis—Firm: middling 9%c; net receipts, 1,444; gross, 2,641; sales, 7,- 300; stock, 62,154. •Augusta—Steady; middling 10%c; net receipts. 633; gross, 633; sales, 226; stock, 34,417. Charleston—Firm; middling 9*o; net receipts, 96; gross, 96: stock, 10,- 544. 5 44. Exports—Coastwise, 300. ••Cincinnati—Steady; middling 9*c; ret receipt*. 550; gross. 550; stock, 10,- 750. •Louisville—Firm; middling 9%c. •St. Louis—Firm; middling 9 11-16 c; net receipts, 50; gross, 3,870; sales, 951; '•took, 27,453. 'Houston—steady; middling 10c; net leceipte, 2,896; gross, 2,896; sales, 1,0/9; stock, 36,150. New York—Quiet; middling 10.25 c; gross receipts, 4,964; sales, 356; stock, '25,855. Exports—Great Britain, 123; continent. 2.74*; France, 150. Port Townsend—Net receipts, 1,300; g'oss, 1,300. Exports—Continent, 1,300. Total To-day, at All Seaports—Net, 17.165; Great Britain, 122; France, 150; ■ oiitlnent, 7,348; stock. *28,939. i'mmolideted, at All Aeoports—Net, 115,701); Great Britain, 68,125. France, continent, *8,461 louu Since Sept. i, at All Seaport*— i A. B. BAXTER & CO., INC., Successors to Murphy & Cos.. Board of Trade Building. Savannah. Private leased wires direct to New York, Chicago and New Orleans. COTTON, STOCKS AND GRAIN. New York office. No. 61 Broadway. Offices ip principal cities throughout the South. Write for our market man ual and book containing Instruction for traders. Net, 6,543.030: Great Britain, 2,102.694; France, 628.676: continent, 2,253,358. * Not included in totals. SEA ISLAND COTTON. The closing was quiet, with quota tions nominally unchanged. The de mand was good for highs, but moder ate for lows. Prices about as follows: Fancy Flpridas 21 @21% Extra chdice Floridas 19 Choice Floridas n @ig Fancy Georgias 19%@_ Extra choice Georgias 17 Choice 15 Extra fine Georgias 14 Fine 12 @l3 Common 10 @ll Week Ending Feb. 20 — Receipts, (gross) 850 459 Receipts (net) 818 459 Sales 1,650 910 Exports 3,214 2,32$ Stock 18,674 13,084 Receipts since Sepfe 1 (gross) / 68,301 45,168 Receipts since Sept. 1, _(net) .......... 66,768 45,164 Charleston, Feb. 20.—Sea island cot ton, weekly: Receipts 564; exports 428; sales 358; stock 457. COTTON FUtTTrES. New York, Feb. 26.—The cotton market opened firm at an advance of from 7 to 12 points and following the call ruled very active and strong un der excited covering by shorts and fresh purchases for tfce account of the local bull clique. This buying carried prices to a level of 10 to 25 points above the closing prices of last night, the first four months on the specu lative list all crossing the 10 cents mark. At the highest level February and March sold at 10.10; 10.06 bid for April and May reached 10.09. This level proved somewhat attractive as a ba sis for profit-taking by the room con tingent, who had bought on the lower level, and there was considerable re alizing, which carried prices back from 2 to 6 points, and the close was barely steady, at a net advance of 10 to 24 points. The advance was partially the result of the strong Liverpool cables before the local opening, while the English close was at an advance of 4% to 12 points. Spot cotton also was higher abroad, advancing 8 points with sales reported of 10,000 bales. The strength at Liverpool was naturally attributed very largely to manipulation from this side, but the continued small move ment was also a potent influence. Port receipts for the day were but 17,455 bales, this being a trifle below early estimates, against net receipts of last year of 24,350 bales. The estimates for to-morrow were also light, and while this is attributed more to the condition of the roads and unfavorable weather than to approaching exhaustion, they nevertheless exert some effect on sen timent. There was some buying or ders from European sources. The spot markets were generally firm, at unchanged prices to an ad vance of 3-16 cents, while the New York market was marked up 20 points to 10.25 for middling. Total sales fu tures estimated at 600,000 bales. RANGE OF PRICES IN NEW YORK. 1 Open; High) Low jClose February |6710] B, 9js]To764 March 9.89 j lO.lOf 9Js9| 10.08 April ;i 9.96| 9.92 10.06 May 9.92) 10.09 ! 9.89 10.04 June 9.71] 9.89] 9.71 9.56 July ..... 9.71, 9.90 9.71 9.85 August 9.43 9.57 9.42 9.53 September 1 8.88; 8.94 8.86 8.88 October j...... | 8.54| 8.60 8.52 8.58 November 1. j 8.51 8.46] 5.52 December ] | | 8.48 NEW ORLEANS COTTON FUTURES. New Orleans, Feb. 26.—Futures steady: February, 9.90 c bid; March, 9.90@9.91e; April. 9.93@9.95c; May, 9.97 @9.98c; June. 10.00@10.02c; July, 10.05 @10.06c: August. 9.66® 9.67 c; September, 8.96@8.97c; October, 8.54@8.56c. LIVERPOOL COTTON MARKET. Liverpool, Feb. 26.—Cotton: Spot, in fair demand; prices 8 points higher: American middling fair 5.94d; good middling, 5.56d; middling, 5.38d; low middling, 5.26d; good ordinary, 5.14d; ordinary, 5.02d. The sales of the day were 10,000 bales, of which 500 were for specula tion and export and included 9,200 American. Receipts, 14,000 bales, in cluding 11,800 American. Futures opened firm and closed strong; Amer ican middling, good ordinary clause: February, 5.26@5.27d; February - March, 5.25@5.26d; March-April, 5.25® 5.26d; April-May, 5.25@5.27d; May- June. 5.27®5.28d; June-July, 5.27@5.28d; July-August, 5.26@5.27d; August-Sep tember, 5.15@5.16d; September-Octo ber, 4.83d; October-November, 4.61d; November-December, 4.55d. H. A B. Beer's Cotton Letter. New Orleans, Feb. 26.—New Liver pool advices were much better than looked for and our market in sympa thy opened 6 to 11 higher, subsequently improved 8 to 11 additional on the firmness ot spots, the light movement and the continuance of unfavorable weather in the interior. Realizing near the close caused a slight recession, making the net gain 15 to 19 points on the day. Sentiment continues extremely favor able to the article, and the higher the market goes, the more optimistic does that feeling become.- Present prices certainly discount a great, deal In the situation, still with the manipulation going on all speculative markets values may improve further. It is expected that weekly statistics will be bullish and that the movement from now on will show a decided increase under last year. Ultimately supply and de mand will regulate the market, but for the moment opinions are valueless. Baxter A Co.'s Cotton Letter. New York, Feb. 26.—There was another spurt in the early cotton mar ket'to-day and prices moved up 13 points. Liverpool was the direct cause of the fresh advance, that market showing S points advance for spots and 6 to 9 points advance for futures when the local market opened. During the rise of the past fortnight to an unexpected FINANCIAL. JOHN W. DICKEY, Stock and Bond Brikir, AUGUSTA. C 4. Writs for Lint. Stocks and Bonds Bought and Bold. O. C. NEWCOMB, Bell Phace Vt'i. XU Ouy HI., East, SAVANNAH MORNING NEWS: FRIDAY. FEBRUARY 27. 1903, Savannah Bank and Trust Go. Capital, $350,000. JOSEPH D. WEED, President. JOHN C. ROWLAND. Vie* President WM - f - McCALLEY, Cnahier. L CLAY, Aaei.tnnt Cashier. A general banking and exchange hn.iueae transacted. Savings Department. Interest computed qonrterly. Aeconnte ef merchants. banka one corporations solicited. American Express Company's let ters of credit lasned available la ail Karts of the world. Collections carefallr made and Promptly arconnted for. Safety Deposit Boxes and Sternge taalts for rent. Correspondence Invited. level bears were selling more or less expecting a reaction heavy enough to work to their advantage and while many opportunities were afforded for getting out without much, if any loss, the set backs were not availed of and the result is a short interest in some instances as much as 100 points or more. Many of these covered to-day. The statistical situation keeps strong. There was still more rain in the South west and Gulf states. The receipts were moderate and sellers were disposed to let bulls have their own way since the idea has gained ground that the mar ket is destined to much higher figures. The New York stocks keep dwindling and a big corner in May is looker for, that month being carried up to 10 cents soon after the opening and the whole list also showed a corresponding rise. Port receipts 18,000 against 24,000 last year. Cables closed strong at 14 points net advance. The high prices asked at Manchester checks business. Hubbard Bros. Jt Co.'s Cnfton Letter. New York. Feb. 26. —Continued bad weather in the South is the main fac tor in bringing about the advance of to-day. When May reached 95 a de termined effort on the part of the bull party advanced it above 10 cents. At this point buyers appeared carrying the market to the highest point of the vear. The temper of the trade continues to be very bullish on the belief that this bad weather will bring about another demand from spinners and outside speculation. In Liverpool the Egyp tian sellers of yesterday turned buy ers finding the market ill supplied with any selling orders and causing the sharp advance before the opening. Local jobbers in that market became oversold yesterday adding to the strength this morning. Realizing by the bulls brought about the reaction at the close which was rather unset tled but not weak. TnlmaKe’i Rice Market Letter. Movement of the week has been in terfered with by the widespread storm and the intrusion (as regarded by some) of the national holiday. Inquiry for samples is steady and many orders are accompanied with the injunction “rush”—indicating light stocks in cer tain districts. Advices from the South note steady movement on the Atlantic Coast. At New Orleans the Mardi Gras festivi ties have been in the public eye and mind, nevertheless, movement for the week has been quite free. In the in terior, Southwest Louisiana and Texas, a fair trade Is reported—although holders are very strong in their views. Offers, on same basis as salas made during early part of thfe month have been refused. The visible supply ahead, not being over-abundant, and with six months to early harvest, those having sightly stock in posses sion are disposed to exact the utter most farthing before parting with it. Cables and correspondence from abroad note strong conditions all along the line. Talmage, New Orleans, telegraphs Louisiana crop movement to date: Re ceipts, rough, 1,207,930 sacks; last year, 1,200,406 sacks. Sales, cleaned (est), 1,041,106 pockets; last year, 916,708 pock ets. Talmage, Charleston, telegraphs Car olina crop movement to date; Receipts, 44,935 barrels. Sales, 43,440 barrels. Market steady. DRY GOODS. New York, Feb. 26.—The rrte in the cotton market has influenced sellers in the dry goods market in maintaining their firni attitude on anything which they can sell. On very many lines mills are sold far ahead that they are re fusing to accept further business until they know more fully the prospects of the raw material situation. NAVAL STORES. The market for naval stores contin ued firm at prices unchanged from those ruling for several days past. Turpentine was quoted firm at 65c, with sales of 35 casks. Rosins firm, with sales of 2,550 barrels, at 1 p. m., and 1,052 additional at the closing call. Below will be found details of the market, including prices, receipts, sales, exports and stocks. Prices were as follows; | (Tester- SPIRITS- |To-day| day. Regulars, firm | 65 | 65 Sales | 35 | 82 Rosins, firm— WTW 4.25 4.25 W. G 3.85 3.85 N 3.60 3.60 M 3.40 3.40 K 3.20 3.20 I 2.85 2.85 H 2.40 2.40 G 2.10 2.10 F 2.00 2.00 E 2.00 2.00 D 2.00 2.00 A, B, C 2.00 2.00 Sales 1 3,602 | 1,53~8~~~ Naval Stores Statement — 1902. 1903. Spirits. Rosin. Stock April 1, 1902 5,175 144,644 Receipts to-day 120 2,470 Receipts previously ....289,154 896,398 Total to date ..: 294,449 1,043,482 Exports to-day 78 420 Exports previously 291,977 905,974 i . A Total to date 292,055 906,394 Stock to-day 2,294 137,088 Last year 18,025 186,796 New York, Feb. 26.—Rosin firm, strained, common to good, $2.30. Tur pentine quiet. 65*®66%e. Charleston, Feb. 26.—Turpentine firm at 63c; sales, 40 casks. Rosin firm;. A, B, C, D, E, F, 81.95; G, $2.05; H, $2.35; I. $2.80; K, $3.15; M. $3.35; N, $3.55; VV. G.. $3.80; W. W„ $4.20. Wilmington, N. C.. Feb. 26.—Spirits turpentine firm, 65c; receipts 12. Rosin firm, $1.90: receipts 250. Crude turpentine firm, $2.40 to SI.OO receipts 50. Tar firm, $1.60; receipts 606. New Orleans, Feb. 26.—Exports, Costa Rica, rosin 10 barrels. FINANCIAL. FOREION EXCHANGE Market easy. commercial demand. ster ling. s*.*6%; 60 days, $4.83*; 0 days, $4.8284; French, 5 19*, Swiss, 60 days, 5.22. Belgian. 6.20*; marks, 60 day*. 84 *-18; *0 days, 94 7-16. DOMESTIC !-. Y. EXCHANGE— ESTABLISHED 1672. BENRT BEER. BERTRAND BEER, EDGAR H. BRIGHT. H. & bTbeer, Cotton - Merchants, NEW ORLEANS. Members of New Orleans Cotton Ex change, New York Cotton Exchange, and Associate Members Liverpool Cot ton Association. Special attention given to the execu tion of contracts for future delivery In cotton. WdEORGIA, Schedule Effective Jan. 4, 1903. Trains arrive and depart from Cen tral Station, West Broad, foot of Liberty street, except for Tybee. oth Meridian Time—One hour slower than city time. Leave Arrive Savannah: Savannah: Augusta. Macon, At-] lanta, Athens, Cov ington, Miliedgeviile. • 7 00am Americus, Albany * 610 pm and Intermediate _ points, t 7 00am Statesboro, SM!lmore|t 6 10pm and Brew ton. | Augusta, Macon, Atlanta, Athens, Montgomery, • I 00pm Columbus, Birming- • 7 00am hain. Americus, Albany, Eufaula, andTroy. I Dover t 6 00pm and Statesboro t 7 48 am Accommodation. Dover. Statesly.ro, • 4 10pm Stillmore and ]*lo 40am Dublin. I Guyton. I t 2 00pm| Accommodation .ft6oo am 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. •9:00 a. m., *2:30 p. m. LEAVE TYBEE. *9:45 a. m., *5:00 p. m. ’Daily. TExcept Sunday. Connections made at terminal points with all trains Northwest. West ar.d 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. J. ROBINSON, Asst. Gen’l Pass. Agent. THEO. D. KLINE, General Supt. Savannah. Ga. W. A. WINBTTRN, Vice President and Traffic Manager. Savannah and Statesboro R’y Through Passenger Trains Savannah to Statesboro —via— Seaboard and S. & S. R'y. Effective Sunday, Nov. 23. Leave Savannah daily 4:00 p. m. Arrive Statesboro, 6:15 p. m. Leave Statesboro, 7:00 a. m. Arrive Savannah, 9:15 a. m. Another train, connecting at Cuyler, leaves Savannah 7:00 a. m., arrive Statesboro, 10 a. m. Leave State&ooro 4 p. m„ arrive Savannah 8:30 p. m. —Shortest and Quickest Route.— Buy at 50c per SI,OOO discount. Sell: Up to $25.00, 10c; $25 to SSO, 15c; SSO to SIOO, 20c: SIOO to S2OO, 25c; S2OO to S3OO, 30c; S3OO to S4OO, 35c; S4OO to SSOO, 40c; SSOO to S6OO, 45c. Over S6OO at the rate of 75c per SI,OOO premium. SECURITIES—The market is fairly active, with the offerings of the more desirable stocks limited, and chiefly in request. Bid. Asked. Augusta and Savananh... , k . 120 121 Atlanta and West Point..... .159 do 6 per cent, certlf 109 ilb Citizens Bank 152 Chatham Bank 76 76% Chat, and Gulf stocks Chatham R. E. &I. Cos 53 53* Eagle and Phenix Mfg. C 0... 95 100 Georgia Telephone and Tele graph 87 90 Macon Ry. and L. pfd 82 85 do common 29 30 Germania Bank 150 152 •Georgia Railroad, common ..258 261 Propeller Towboat 100 110 G„ S &F. Ist pfd 99 100 do do 2nd preferred 78 81 Merchants National Bank. ..114% 115% Oglethorpe Savings & Tru3t.ll4 The National Bank of 5av...160 Planters’ Rice Mill 95 People's Saving and Loan.. 100 Savannah Elec., preferred ..91 93 Savannah Elec., common.... 24 26 Southwestern 119% 120% Savannah Gas Light Cos 25 Southern Bank 175 Savananh Bank and Trust...l33 135 Savannah Brewing 100 Savannah Trust Cos 107 110 Bonds, Char., Col. and Aug. Ist 5s 1909 114 11* Char., Col and Aug. 2d 75....120 Chat, and Gulf R. R. 5 per cent. Ist mortgage 106 107% Atlanta 4s. 1923 106 108 Augusta City 4s, 1931 106 107 do 4%5, 1925 112 114 do 6s. 1913 118 120 Ala. Mid. ss. ind'd. 1928, M. and N , 112 113 Augusta Factory 6 per cent., 1915 110 112 Brunswick & W. 4s. 1938 .. 99 100 C. R. R- and Banking collat eral 5s 107 108 C. of Ga. Ist mortgage 6s. 1945, F. and A 120 121 C. of Ga. con. bs 1945, M. and N 108 108% C. of G. Ist Inc 79 ... do second incomes 39 40 do 3d Incomes 26 26% C. of G. M. G. and A. Div.) 5s 108 ... Columbus, Ga., ss. 1909 107% 109 Columbus Power Cos. 5s 100 101 Charleston City 4s, 1909 99 100 Eagle and Phenix Mills, 6s, 1928 105 none Enterprise Mfg. Cos. 6s, 1902.100 none G. R. R. 6s, 1910 112 none O. S. and F. lsts 114 115 Georgia and Ala. cons. 5a ill 111% Georgia State 3U.s, 1930 109% 111 do 3%5, 1915, M. and N 107 108 do 4%*. 1915 U 6% 116 Macon City 6*. 1910. J. and J. 114 116 do 4%a, guar. gen no none Macon Ry. and L. bonds 96% 96 Ocean Steamship ss, 1*20....106 Savannah city s*, ex-c. 106% 107 Savannan City Is, due 1909 with February coupons..lo7* 108 Havannah Electric Cos. 5*..., M 97 Seaboard 4s 84 84% Seaboard 10-year 6s 102* ... B. C. State 4%, 1933 113 116 {3 Southern Railway. Trains arrive and depart Savannah by 90th meridian time—one hour slow er than city time. Schedule Effective Jan 14, 1903. TO THE NORTH AN D~ HAST. 1 Daily|Daily| Dally lex.Su.j jNo. 32|N0.34| N0.30 Lv Sav'h (Cent. TANARUS.)., 4 30p112 55pi12 25a Ar Blackville (E.T.) 8 03p 4 35p| 4 15a Ar Columbia. 9 30p 6 15pj 6 00a Ar Charlotte 12 33a 9 20pj 9 55a Ar Greensboro 2 43a 11 54pi12 50p Ar A' Norfolk 9 55a 110 40p ar Richmond | 6 55ai 6 25p Ar Lynchburg 5 50*1 2 46a|Vl7p Ar Charlottesville... 7 32a 4 35a! 6 lOp Ar Washington .... 10 15a 7 40a] 9 50p Ar Baltimore 11 25a 8 sailt 35p Ar Philadelphia 1 36p 11 I2a| 2 56a Ar New York 4 13p! 1 43p| 6 13a Ar Boston | j s 20p| 2 OOp TO THE NORTH AND WEST. Lv Savannah (Central Time).. 12 25am Ar Columbia (Kastern Time).. 6 00am Ar Spartanburg 10 05am Ar Asheville (Central Time)... 12 50pm Ar Hot Springs 2 37pm Ar Knoxville 6 00pm Ar Lexington 5 55am Ar Cincinnati 8 15am Ar Louisville 6 30am Ar. St. Louis 6 36pm TO THE WEST VIA JSELP. J I Dally Daily; Dally lex.M. | | N0.31!N0.29| N0.33 Lv Sav'h (0. Time). 10 15a 5 15a 3 lap Ar Macon 350 p 1 30p 3 00a Ar Atlanta 6 lOp 4 lOp 5 20a Ar Birmingham 9 55p 11 45a Ar Memphis 7 15a 8 05p Ar Kansas City 7 00a 9 40a Ar Chattanooga ....;1!> 46p| 9 50p 9 45a Ar Memphis |J 8 20a ...... Ar Cincinnati 1 7 55a ~8 16a 7 20p Ar Louisville 10 35a 10 35a 8 15p Ar St. Louis \J 7 32a[ 7 32a Trains arrive Savannah as follows: No. 29, daily, from New York, Wash ington, Richmond, and Cincinnati, 5:10 a. m. No. 31, dally except Monday, from New York and Washington, 10:10 a. m. No. 33, daily, from New York and Washington, 3:05 p. m. No. 30, daily, from all points West, via Jesup, 12:20 a. m. No. S2, daily' except Sunday, from all points West, via Jesup, 4:25 p. m. No. 34, daily, from all points West, via Jesup, 12:50 p. m. All trains arrive and depart from the Union Depot. THROUGH CAR SERVICE, ETC. Trains 31 and 32, the SOUTHERN'S PALM LIMITED, Superb solid Pull man train between St. Augustine and New Y’ork, composed of Compartment, Observation, Library and Drawing room Sleeping Cars. Dining Curs serve' all meals en route. Train 31 connects at Jesup with the famous CHICAGO AND FLORIDA SPECIAL of the Southern Railway, which carries through Pullman Draw ing-room Sleeping Cars to Louisvtile, Cincinnati, Chicago, Detroit, Cleveland and Pittsburg. Trains 33 and 34. NEW YORK AND FLORIDA EXPRESS. Vesti bule 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 33 and 34 connect at Jesup with through Pullman Drawing-room Sleeping Cars operated from and to Kansas City via Birmingham, and from and to Cincinnati via Chatta nooga. Trains 29 and 3(1, THE WASHING TON AND FLORIDA LIMITED. Vestlbuled limited trains, carrying Pullman Drawing-room Sleeping Cars between Savannah and New York. Dining Cars serve all meals between Savannah and Washington. Also Pullman Drawing-room Sleeping Cars between Savannah and Cincinnati, through Asheville ar.d "The Land of the Sky.” For Information as to rates, sched ules, ec., apply to C. H. ACKERT, G. M., Washing ton, D. C. 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, Union Depot, Savannah. Ga. E. G. THOMSON, C. P. A T. A.. Sa vannah, Ga.. 141 Bull street. 'Phones 850. Mgrciioiiis X Miners Tfunsporlolion Go 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 as follows (Central Standard Time): TO BALTIMORE. •NEY ORLEANS. Capt. Peters, SAT URDAY, Feb. 28. 5 p. m. LEXINGTON, Capt. Kirwan, TUES DAY, March 3, 8:30 a. m. ITASCA, Capt. Hudgins, THURSDAY, March 5, 9 a. m. TO PHILADELPHIA. BERKSHIRE. Capt. Ryan, SATUR DAY, Feb. 28, 5 p. m. D. H. MILLER, Capt. McDorman, WEDNESDAY, March 4, 9 a. m. ALLEGHANY, Capt. Chase, SATUR DAY, March 7, 12 noon. Ticket Office No. 112 Bull street. J. W. SMITH, Agent. J. A. DUFOUR, Trav. Agent. Savannah, Ga . IV. P. TURNER. G. P. A. A. D. STEBBINS, G. M. J. C. WHITNEY. 2d V. P. and T. M. General Offices, Baltimore, Md. Sibley Mfg. Cos. 6s, 1903 100 102 South Bound 5s ... 112 114 Macon Ry. and L. bonds 95 95% MONEY HAKKET. New York, Feb. 26.—Money on call rather firm at 2*@3 per cent., closing 2%@3 per cent. Time modey firm; 60 and 90 days, 4%®4* per cent; six months. 4%@5 per cent. Prime mer cantile paper, 4*@5%; sterling ex change easy with actual business in bankers' bills at $4.87.40@4.87.50 for de mand, and at $4.84.20®4.54.2f> for sixty day bills; posted rates, $4.85@4.85%@ 4.88%; commercial bills, $4.83%@4.54. Bar silver, 48%c; Mexican dollars, 38c. Government bonds steady; railroad bonds irregular. STOCKS AND BONDS. New York, Feb. 26.—After a day of Indifference and neglect to-day's stock market closed with an active selling movement in force and with the ma jority of active stocks from 1 to 2 points below last night. The only manifest new development to cause this sudden weakness was the adjourn ment of the St. Paul directors without taking action on the issue of new stock The late depression Is more plausibly explained as due to a spec ulative weariness with the persistent hanging back of prices. This sense of disappointment was In evidence at (he opening, when It was seen that rfie authorized reports of the practical consolidation of Rock Island Atlantic Coast Line Railroad Cos. EFFECTIVE JAN. IS. 1903. 1 Trains Operated by 90th Meridian Time—One Hour Slower Than City Time. ♦Daily. tDaliy, ex. Sunday. JDally, ex. Monday. . *3B. I *32. , *44. | *7B. | NORTH and SOUTH. | *23. j *35. j >37. j *45. 6 13p 1 lOp 5 35a 1 35aiLv .Savannah..'...”.. Arl S 00a 7 55a 10 45a 6 35p 9 15p 5 15pl0 15a 6 20a,Ar Charleston Lvjll 35p 5 50ai 8 45a 315 p ... 11 30p 1 40p Ar Wilmington Lv! 345 p j 6 40a 4 07a 7 45p Ar Richmond Lv 8 30a 6 56p 11 50p 10 33a 7 54a 11 40p Ar Washington Lvi 4 10a 316 p 8 lOp 11 42a 9 10a 1 23a|Ar Baltimore Lvi 2 37a 1 44p 6 55p 1 57p;1l 25a 4 05a]Ar Philadelphia.... Lvl2 10a 11 30a| 4 43p 4 4op; 2 OOp 7 lSajAr New York Lv] 9 25pj 8 55ai 2 10p *57. *a. I 187. I *36. I *23. | SOUTH. i *SB. , *33. I *22 I TBT 6 15p 2 30p 10 50a| 8 05a 3 30a|Lv Sav'nnah Ar 7 9 35a) 1 05p r 5 08p 8 15pi i 15a ....... 6 05p 2 60p 7 00a[Ar .B'wick.. Lv! ] 7 20a 2 00pi 305 p 9 35p 5 OOp 1 05p 10 55a 6 30a] Ar Waycr'ss Lv 6 30a 10 25a 2 40p 5 10p;10 15p * ®sa 2 45p 11 OOajAr T'm'sv’le Lv] 3 25a 7 00a 1 40pi 1 40p - 5a 1 4 OOp 12 20pj Ar .B'n'b’ge Lv 1 50a 5 45a 12 20p,12 20p I ‘ 30p, 2 50p 12 45p 9 00a]Ar JVk'ville Lv 8 35a 2 4Cp 8 05p * 00a i 45p,Ar G’n’sville. Lv 12 37a 2 40p 1 00a 10 00p 10 00p 7 OOp Ar Tampa.. Lv 8 05p 9 50a < 45a lO 30p|100p 7 30p|Ar P. T'mpa.Lv 7 25p] 3 15a 0 *? a 9 20p Ar P. Gorda Lv 4 10p) 7 25a —3 o°Pl 4 OOP! 1 55p 10 00a Ar. St. A’ne Lv ill 40a 6 40p —— -.. 6 7 I via Jesup 68 I 23 |57 |Vla M'tg'meryl 58 j 33 § S'van'h. Ar 9 35a 3 3Ga| 6 15p Lv S'van'h Ar| 9 36ai 8 40p i XX P i Ar -Jesup. Lv 7 502. 6 20p 8 Csa!Ar M'tg'ry Lv 7 45p 6 30a *~ a | Ar -Macon. Lv 100a 3 20a 7 05p'Ar .N'vllle Lv 9 00a 2 2la i7; a L Ar Atlanta Lv 10 46p 8 20p 2 30a Ar .L'ville. Lv 3 00a l2p 7in a li r f h , at ’*r IrV 6 06p 7 50p 7 20a Ar Cln'n'tl. Lv 1116 p 6 45p V? * vlU “ Lv 7 <sa 7 50p 7 20a;Ar St. Louis Lv 8 55p 8 23p ' 7 nI P £* n ' n 'U- 8 80a I L. *N. Lv 015 p 7J2a!Ar .St.Lo's. Lv 8 23p 6Saft Cn , Ca *’° Lv l 9 00p | M* O. ... ' kOfin/ '^ t ! a P ta ArllO 45p 9 15p * 15a Ar Chicago Lv 7 OOp 7 OOP ... ' JfKalA'r ** ephu L,vjß 15a 2 Boa 4 15p Ar .Mobile. Lv 12 30p 12 SOp ~ A K ~ L| ty Lvf 6 30p 7 25a 8 25pUr N.Orl’s. Lv * OOp I OOp Throueh n i>MiaP and ot Charleston are operated by Eastern time. Florida. * unman Sleeping Car Service to North, East anil West and td Insular i*£ Port ' rt '"P a w,th u - s - mall steamship ot the Fen dav and n Th ur C .r" ta i * U n > leaving Port Tampa Sundays, Toes- TJ j, AII U I"( Illy fflvXA ’OO p York.* 1 man D ' o,n ß Cars on trains 88 and 32 between Jacksonville and New room, r cT* So,l<l Vestlbuled Trains, with Fullamn Drawing York and St Vugustf 0910 91 Dlnlnff an<J Observation Cars between New sonvlfie. 11 * * nd 22 carry Tullman Buffet Parlor Cars Savannah and Jack- W.'j T, rn ™ c Manager, Wilmington. N. C. JBW? * W] H lfaht iv l i? B “ A * w,t * K. C. J. H D SHVT r Pass ' A * ent - Savannah. Ga. R- C HLATTwi n , Tra r Y, I>aa * Agent, De finto Hotel. 'Pbnnes 78. I. C. SAPP ln,on . T l ck i t AePnt - Bell phone 235. Georgia 911. ’ A1 Ticket Agent. De Soto Hotel. Phones 73 SEABOARD AIR LIINE RAILWAY. U , V( ' n"!.'!/ 1 '- 11 ' '9o3—9oth Meridian Time—One hour slower than CMumbla ° m *" BOhUg £oUth of Columbia; Eastern Time ; s -"™ tz i" in. STS " No. 34 N0.50 No. 66 I 20a 4 46p 1 29p[Lv HESS £! 4 Wf* M 8 30a 9 34a 7 10n 5 £Lv Philadelphia Ar 1 36p 12 54p 2 66a 10 46a 8 50n 7 DOn T v .Balt more Ar il 25a 10 62a 11 25p S JS II bop 10 52a ' V Sta Ar !” “ I |Xam and"® 10 ” A ' ‘’ V ik'' *a 5? P 12 15a 11 00a 6 29a Lv . rornmhi‘.7 14p 7 40p 8 2,a 763a IZ &IZ JSKft I SSSS K r * SS! IQJOa 9 35pl 2 30p Ar —NT.*'AHU .'STINK' .....' ‘* ‘ fefcfc ? N0.73|N0.71!N0.87! WEST IXa.BBI N0.72 N0".74 ,N0.71T WEST &VWNo 7" alSsHPmwsft -s 8 n sp Ar rord * , ‘ Lv ..... 2 05p S SRpJ ■ ** T *' I v lm>p 7 , . p Ar Albany Lv 12 05p 7 OOp N0.27{ South &■ WestjNo.66 ,1 „ 7a l }l p Ar Am'cus Lv 12 35p 4 50p 6 00a|Lv SAV'H Ar 12 03a 9 00? T o, .’ bU Q , Lv 18 153 2 p 315 pAr Talla'e Lv 1 53p ? P ■! 5 50 | ] 5 05p Ar Ri. Jet. Lv 12 2 tp 'j 7 _ pl |Ar MONGT Lv[. | 8 00 t f 10 50p|Ai WWI* Lv 7 Oira No. 31 and 34—SEABOARD FLORIDA LIMITED and SEABOARD NEW YORK LIMITED The two fastest and most luxurious trains in the South. Solid Pullman vestlbuled sleeping, observation and compartment cars be tween New York and St. Augustine, with Dining Car. No. 57 and 60 SEABOARD EXPRESS, solid vestlbuled train between Jacksonville and Washington, with through Pullman Sleeping Car to and from Tampa, Cafe Dining Car between Jacksonville and Hamlet, close con nection at Washington, with solid Pullman Parlor Car, Pennsylvania New York Limited Express. No. 27 and 66—SEABOARD MAIL, through vestlbuled trains between Jacksonville and Washington, with Pullman Buffet Sleeping Car to and from New York. No. 71 and 72—WESTERN EXPRESS, close connections at Montgomery for Mobile. New Qrleans and Southwestern points. Double dally service except between Savannah and Statesboro, Stillmore, Swainsboro and Wadley. This train carries through car between Savannah and Ma con, close connection for Northern and Northwestern points Full Information at City Ticket Office, No. 7 Bull st Telephone No R. C. BLATTNER, Union Depot Ticket Agent. ' W. P. SCRUGGS, C. B. WALWORTH Trav. Pass. Agent, Savannah, Ga. A. G. P. A., skvannah, Ga. OCEAN STEAMSHIP CO. Of SAVANNAH For New York, Boston and the East. Unsurpassed cabin accommodations. All the comforts of a modem hotel Electric lights. Unexcelled table. Tickets include meals and berths aboard ship. PASSENGER FARES FROM SAVANNAH. TO NEW YORK —First Cabin, S2O; First Cabin, round trip, $32; Intermedi ate Cabin, sls; Intermediate Cabin, round trip, $24; Steerage. $lO. TO BOSTON—First Cabin, $22; First Cabin, round trip, $36; intermediate Cabin, sl7; Intermediate Cabin, round trip, S2B; Steerage. $11.75. The Steamships of this line are appointed to sail from Savannah. Central (90th meridian) time: FOR NEW YORK: CITY OF SAVANNAH. Capt. Fisher, KANSAS CITY, Capt. Smith, MON MONDAY. March 2, 6:30 a. m. DAY. March 9, 1:30 p. m. CITY OF BIRMINGHAM. Capt. Burg, CITY OF MEMPHIS. Capt. Savage, TUESDAY, March 3, 7 a. m. WEDNESDAY, March 11, 3:30 p. m. NACOOCHEE, Capt. Asking, WED- CITY OF SAVANNAH, Capt. Fisher, NESDAY, March 4, 8 a. m. FRIDAY, March 13, 5 p. m. CITY OF AUGUSTA. Capt. Daggett, CITY OF BIRMINGHAM, Capt. Burg. FRIDAY, March 6. 10 a. m. SATURDAY, May 14, 5:30 a. m. •Steamship City of Memphis carries first cabin passengers only. tClty of Savannah will not carry Intermediate passengers. Sailings from New York for Savannah at 3 p. m., on Feb. 26, 28; March 3,5, 7, 9. 10. 12. 14, 17. 19, 20, 21, 24, 26, 28, 81. The Chattahoochee, Capt. Lewis, leaves New York for Boston Saturdays at 4 p. m. Leaves Boston for New York Wednesdays at 3p. m. The Chattahoochee does not carry passengers. This company reserves the right to change Its sailings without notice and without liability or accountability therefor. L. M. ERSKINE, L. R.VAN DIVIERE, W, G. BREWER, Agt O. S. S. Cos., wharves. Com. Agt. 17 East Bay. C. T. &P. A.. 107 Bull, UVAB SAH. GA. WALTER HAWKINS. General Agent. 224 West Bay St., Jacksonville. Fla. W. H. PLEASANTS, E. T. CHARLTON^ Vice President A Gen’l. Mgr. Gen. Freight & Pass. Agt. Pier 35 North R Iver. New York. and St. Louis and San Francisco were without stimulating effect on specula tion. St. Louis and San Francisco in fact relapfeed sharply to 2% below last night on comparatively light offerings, and Rock Island, after a mere frac tional advance, became heavy and ruled below last night for the rest of the day. This reception accorded to the most far-reaching project of rail road consolidation since the Louisville deal seemed to be accepted as a con clusive demonstration that nothing was to be hoped for In the way of ac tive speculation for the present. The relief from the pressure of sell ing in Metropolitan Street Railway alleviated for a time the depressing af fect on this conviction. There was a demonstration also In Wabash preferred, which carried that stock up a point In face of rumors of the Issue of an order for a strike and of the unfavorable showing of Jan uary net earnings. Some of the Iron and copper stocks made some show of Wanted, Wanted. Hides, Wax, Wool, Furs, Country Produce . Highest market prices paid always. A. EHRLICH & BRO., Wholesale Grocers and Liquor Dealers, 111, IX3, 115 BAY STREET. resistance to the prevailing depression owing to favorable trade reports, hut the whole market gits way at tfca last on Eighth Page.) 9