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TRADE AND FINANCE
COTTON MARKETS MOVE NARROW
LY ANT* ri;7.ZL,ES GUESSING TRADES.
SPOTS REMAIN UNCHANGED.
influences in speculation af
fect THEM LITTLE.
Spot Demand Locally Small. Nothing
Doing in the F. O. R. Market,
t urpentine Firm at 47c. Bid—Kost
ins Firm—Local and Telegraphic
Markets.
The Morning News Office,
Thursday, May 28.
The cotton market is daily becom
ing more enigmatical to the trade since
it does not move violently either way,
and gives every sign of holding its
advance unless indications of a bump
er crop appear. The trade look for a
full yield to an acreage not very much
in excess .of last year, but with this
they claim that as the surplus will
be very small at the close of the pres
ent season consumption will call for
large supplies. The spot markets ife
mained steady and mainly unchanged.
Turpentine lost another 2 cents to
day, closing firm at 47c bid, with the
day's transactions small. The pros
pects for an increase in the receipts on
the probable higher temperatures
throughout the naval stores belt is
what exporters are basing their hopes
of a further decline ui>on. Rosins
closed firm, with the demand fairly
good. The wholesale markets closed
steady and mainly unchanged. De
tails of the different markets as fol
lows:
COTTON.
Spot cotton closed steady and un
changed, with no sales by factors. The
demand was light throughout the day.
The receipts locally continue light.
Neither was anything of interest doing
in the f. o. b. market, which closed
nominal, with brokers naming no quo
tations. Futures continue to be the
center of attraction.
The follow mg were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
! This { Last
f day. 1 year.
Good middling 11% I 9 1-16
Middling 11% 9 3-16
Low Middling 10% I 8 13-16
Good ordinary 10 ) 8 5-16
Market steady; sales 6.
Receipts, Exports and Stocks —
Receipts this day 218
Last year 1,460
Year before last 661
Receipts since Sept. 1. 1902 ....1,290,576
Receipts same time last year ..1,099,685
Stock on hand 16,057
Stock last , year 21,246
Exports—
Coastwise 89
Receipts and Stocks at All Ports—
Receipts this day 4,945
This day last year 3,580
This day year before last ..... 6,799
So far this week 24,970
1-ast year 16,385
Two years ago 45,023
Receipts since Sept. 1, 1902 ....7,571,916
Last year 7,369,294
Stock at all ports to-day 320,467
Stock same day last year 437,790
Dally Cotton Market —
Galveston —Steady; middling, 11 7-16;
net receipts, 713; gross, 713; sales, 15;
stock, 29,745. Exports—Coastwise, 1,-
667.
Norfolk—Steady; middling, 11%; net
receipts, 425; gross, 423; sales, 50; Stock,
4,911. Exports—Coastwise, 747.
Baltimore—Nominal; middling, 11%;
gross receipts, 175; stock, 2,302. Exports
—Coastwise, 1,500.
Boston—Quiet; middling, 11.70; net
receipts, 200; gross, 637.
Wilmington Nominal; middling,
10%; stock, 5,681.
Philadelphia—Quiet; middling, 11.95;
net receipts, 8; gross, 8; stock, 3,708.
Savannah—Steady; middling, 11%;
net receipts, 218; gross, 218; stock, 16,-
057. Exports—Coastwise, 89.
New Orleans —Steady; middling,
11 11-16; net receipts, 2,506; gross, 3,160;
sales, 1,325; stock, 80,743. Exports—
Great Britain, 578; continent, 700.
Mobile—Nominal; middling, 10%; net
receipts, 654; gross, 634; stock, 1,826.
Exports—Coastwise, 654.
’'Memphis—Quiet; middling, 11%; net
receipts, 276; gross, 378; sales, 200;
stock, 9,809.
•Augusta—Firm; middling, 11%; net
receipts, 97; gross, 97; sales, 285; stock,
3,354.
Charleston —Firm; middling, 11; net
receipts, 5; gros3, 5; stock, 2,129.
•Cincinnati—Steady; middling, 10%;
net receipts, 39; gross, 39; s|sock, 11,613.
•Louisville —Firm; middling, 11%.
•St. Louis —Steady; middling, 11%;
net receipts, 3; gross, 347; stock, 11,714.
•Houston—Steady; middling, 11 7-16;
net receipts, 189; gross, 189; sales, 158;
stock, 10,468.
New York—Dull: middling, 11.70; net
receipts, 218; gross, 4,502; sales, 6,500;
stock, 172,929. Exports —Great Britain,
886.
Tofel To-day, at All Seaports—Net
receipts, 4,945; exports. Great Britain,
1,464; continent, 700; stock, 320,467.
Consolidated, at All Seaports—Net re
ceipts, 24,970; exports. Great Britain,
13,013; continent, 8,830; Japan, 500.
Total Since Sept. 1, at All Seaports—
Net receipts, 7,571,916; exports, Great
Britain, 2,705,806; France, 750,862; con
tinent, 2,706,656; Japan, 135,106.
•Not included In totate.
SEA ISLAND COTTON.
The sea island cotton market closed
quiet but firm the past week, with
practically no trading going on. There
was no demand. If the crop report*
continue to show- up badly, as they
have for the past few weeks, the de
mand is expected to improve.
Prices about as follows:
Fancy Florida* 21 @23
Extra choice Floridas 19
Choice Floridas 15%@16
Fancy Georgia 19%@20
Extra choice. Georgias 17
Choice 15% @l6
Extra fine Georgias 14%
Fine 13
Medium fine 12
Commons 10 @ll
Week Ending May 22
-- |
Receipts Igross) | 89 91
Receipts (net) 89 91
Sales 38 41
Exports 50 466
Stock 8,654 4,692
Receipts season (gross) .... 74,401 47,143
Receipts season (net) 72,253 47,131
COTTON FUTURES.
New York. May 2*.—'The cotton mar
ket opened quiet and easy, at unchang
ed prices to a decline of 4 points, and
following the call displayed still fur
ther weakness, reaching a level, net
unchanged to 7 points lower, under dis
appointing Liverpool cables, full esti
mates for receipts and generally fav
orable weather. At tills level, however,
the hulls aguin came to the support
of values, buying orders were received
lrom New Orleans, and this, In connec
tion tilth rather unfavorable private
crop accounts, parilrularly from Ta
end Oklahoma, brought about further
severing Uy shortt, which forced v*i-
A. B. BAXTER & CO., INC.,
Successors to Murphy A 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. 1 Broadway.
Offices lr principal cities throughout
the South. Write for our market man
ual and book containing Instruction
for traders.
ues slowly, upward until prices were
net, 2 points lower to 5 points higher.
July reaching 11.34 c, was within 2
points of its previous high level for
the season, and August sold up to
10.84 c. Then came a considerable peri
od of irregularity with quotations,
showing little tendency and trade de
cidedly quiet, but In the last hour this
gave way to more active realizing on
rains In Texas.
Notwithstanding the light estimates
for to-morrow's receipts at leading
Southern points, the market reached a
new low level for the day, being finally
easy at a net decline of 5@12 points,
with last prices practically at the bot
tom. Total sales of futures were esti
mated at 175,000 bales. Port receipts
to-day were 4,945 bales, against 3,619
bales yesterday.
The Liverpool market this morning
was due to report of an advance of
from 3to 9 points. At the time of the
local opening it was 1% points lower to
2 points higher, and spot cotton there
was 2 points lower in light demand.
Cotton futures at New York, May
28:
Options. jOpen, iHlgh. Low. Close.
May .... ... U. 21 11.35 11.21 11.20
June ofd 11.22 11.29 11.22 11.16
July 11.27 11.34 11.21 11.23
August 10.79 1 0.84 10.68 10.67
September . 10.07 10.14 10.02 10.02
October .... 9.63 9.67 9.56 9.56
November 9.50 9.42 9.42
December .. 9.48 9.51 9.40 9.40
January ... 9.46 9.50 9.40 9.40
P'utures opened quiet and steady and
closed barely steady.
NEW ORLEANS COTTON MARKET.
New Orleans, May 28.—1n the spot
cotton market to-day there was a good
inquiry by continental buyers, but the
firmness of factors who continue to
demand full board figures has retarded
the movement. Quotations unchanged.
Futures were dull. The chief fea
ture of the market was its quiet at
titude. At the opening here prices
were Ito 5 points lower. The fluctua
tions were numerous, but narrow. July
sold down to 12.40 c and up to 12.45 c;
August down to 11.88 c and up to 11.97 c;
September down to 10.26 c and up to
10.37 c; October down to 9.45 c and up
to 9.58 c; November down to 9.31 c and
up to 9.37 c, and December down to
9.26 c and up to 9.39 c. The market was
weak at the close, the list showing
losses on the day compared with yes
terday’s closing price of 5 points each
on May and June, 4 on July and 10 to
12 points on the other months.
New Orleans, May 28.—Cotton futures
barely steady; May, 11.99 c bid; June,
12.19 c bid; July, 12.40@12.42c; August
11.88c bid; September, 10.26@10.27c; Oc
tober, 9.45@9.46c; November, 9.27@9.28c;
December, 9.27@9.28c.
LIVERPOOL COTTON MARKET.
Liverpool, May 28. —Cotton: Spot, In
limited demand; prices 2 to 4 points
lower; American middling fair, 6.76d;
good middling, 6.56d; middling, 6.40d;
low middling, 6.20d; good ordinary,
5.96d; ordinary, 5.76d. The sales of the
day were 5,000 bales, of which 500 were
for speculation and export, and includ
ed 4,400 American; receipts 17,200 bales,
all American.
Futures opened firm and closed quiet;
American middling, good ordinary
clause: May, 6.14d; May-June, 6.12d;
June-July, 6.08@6.09d: July-August,
6.04@6.05d: August-September, 5.91d;
September-October, 5.50@5.51d; Octo
ber-November, 5.20d: November-De
cember, 5.08®5.09d; Deeember-January,
5.06d; January-February, 5.05d.
Huhlmril Bros. A Co.’i Cotton Letter.
New York, May 28.—Our market
opened with sales of July at 11.26 c,
11.25 c and 11.28 c, closed at 11.23 c, and
after selling at 11.33@11.34c ruled at
11.30 cat 1 p. m. Quiet markets be
fore the holidays both at home and
abroad.* Spinners have fallen back on
their reserve supply in Liverpool, and
heavy American selling of the new
crop, together with rather better crop
reports took the edge from their mar
ket. July was in demand ail day on
short covering, based on the buying
for Southern account yesterday, May
was slowly liquidated without any rrfar
ket interest. The market was a holi
day one, with little new trading, and a
“quiet market is expected until after
the holidays in Liverpool. Although
July was bought on a large scale all
day, the unsettled condition of Wall
street brought about outside selling,
on which the market closed easier. The
spot market was dull and unchanged.
Harris, Gates & Co.’s Cotton Letter.
New York, May 28.—Harris Gates &
Cos., in their cotton letter to-day state:
The cotton market has shown a sag
ging tendency to-day, although' the
loss in values has been comparatively
slight. Spot markets continue firm and
estimated receipts for to-morrow are
light. It would not be surprising if the
market should sag off a little, but we
do not expect any material decline at
the present time and favor buying the
near positions on breaks.
DRV GOODS.
New York, May 28.—A few addi
tional advances have occurred in the
dry goods market and sellers are hold
ing very firmly for the new figures
which are being paid In the majority
of instances without much demur. The
curtailment proposition, according to
all advices, is likely to extend mater
ially, many manufacturers being very
short of cotton.
THE RICE MARKET.
Advices from the South note contin
uance of firm conditions. On the At
lantic coast stocks of cleaned are bare
ly sufficient to supply home wants,
balance of the season. At New Or
leans, demand Is In excess of daily of-
FINANCIAL.
JOHN W. DICKKY,
Stetk an* Bind Brikir,
AUGUSTA. 04.
Writ* for IM.
HARRIS, GATES & CO.
MEMBERS:
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE.
NEW YORK PRODUCE EXCHANGE
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
NEW YORK COFFEE EXCHANGE.
COTTON DEPARTI I ENT 10 Wall St.,
New York
Orders solicited for Future Deliveries,
of good grades wa reported. Fair
p. o. HUBBELL,
COTTON BROKEN
Member Savannah Cotton Exchange.
Member New Orleans Cotton Exchange,
ORDERS TO BUY OH BELL COT
TON FOR FUTURE DELIVERY
PROMPTLY EXECUTED ON THE
FIORH OF THE LEADING EX.
CHANGES BEST OK FACILITIES
CORRKHPONDENCE SOLICITED.
Bell Phone 426. Kelly Bldg., City.
SAVANNAH MORNING NEWS: FRIDAY. MAY 29. 1903.
Savannah Bank
and Trust Cos.
Capital, $350,000.
JOSEPH D. WEED, Prealdeat.
JOHN C. ROWLAND, Vice Prealdeat.
**. L McCauley, Cashier.
* AML- L. CLAY, Assistant Cashier,
A (eaersl hankies aad eichaaae
business transacted.
Savins. Department, latereat
computed quarterly.
Accounts of merchants, hanks
end corporations solicited.
American Express Company*# let
ters of credit issued available la all
Parts of the world.
Collections carefully made and
fsaifl)' aceomnted for.
Safety Depaelt Boxes and Peisge
v *ts for rent.
Correspondence fnvlted.
ferings, thus reducing the holdings In
hands of dealers. In the interior—
Southwest Louisiana and Texas—the
the few mills yet in commission are
making their final “exhibits” which are
limited in quantity and bare as to as
sortment. The total supply for the
next four months is less than the
amount carried over at the close of last
year’s business; hence the outlook is
for a strong and advancing market; In
fact, the normal demand at primary
centers, from local or nearby . points,
will require more than is in sight, long
before the new crop is available.
Planting Is being pushed forward
rapidly; that which has already been
seeded is progressing finely, and the
prospects are for a bountiful crop, al
though a late harvest will naturally
follow the greatly retarded planting.
Cables and correspondence from
abroad note enlarged demand for car
goes of uncleaned to arrive. Good de
mand for spot cleaned and a greatly Im
proved inquiry for cleaned against fu
ture, delivery, with advancing prices.
In Burmah, conditions are more than
usually favorable for a strong market
as the remainder crop is no more than
can be handled and controlled by and
through native channels.
Talmage, New Orleans, telegraphs
Louisiana crop movement to date: Re
ceipts, rough, 1,464,565 sacks; last year,
1,387,558 sacks. Sales, cleaned, 1,386,-
938 pockets; last year, 1,186,570 pock
ets. Market strong.
Talmage, Charleston, telegraphs Car
olina movement to date: Receipts, 59,-
770 barrels. Sales, 59,685, barrels. Mar
ket steady; offerings light.
NAVAL STORES.
Thursday, May 28.
SPIRITS —The turpentine market
opened firm at 48c, sales 50 casks, and
closed firm at 47c bid, no sales. The
demand was of a desultory sort, and
gave practically no support to the
market at any time. The trade are
looking forward now to full receipts as
a result of more favorable weather,
and upon these exporters expect to see
lower prices. For some time past the
weather has been such as to bring the
movement down to small volume. Ex
porters have therefore been put to it
in a few cases to obtain supplies In
time for their engagements, which Is
given as the explanation for the recent
upward spurt in prices. To them the
present reaction is regarded as a nat
ural falling back to the proper basis
after the distress demand was sun
plied. The receipts to-day were BG4
casks, and the exports 195 casks.
ROSINS—The rosin market opened
firm, sales 1,266 barrels, and dased firm
and unchanged, sales 350 barrels. The
demand was satisfactory throughout
the day. Receipts 1,960 barrels, and
the exports 879 barrels. Prices as fol
lows:
j |Yesier Last
SPIRITS- |To-day| day. Year.
Spirits |47 bid 49 45% ~
Sales | 50 264 998
Rosins, firm, |
W. W 3.65 3.65 3.70
W. G 3.35 3.35 3.60
N 3.25 3.25 3.30
M 3.20 3.20 2.85
K 3.10 3.10 2.45
1 3.05 3.06 1.95
H 2.40 2.40 1.95
G 1.85 1.85 1.35@1.40
F 1.80 1.80 1.30
E 1.75 1.75 1.25
D 1.75 1.75 1.20
A. B, C 1.70 1.70 1.20
Sales ~| R 616 902 3,220
Naval Stores Statement—
Spirits. Rosin.
1903-04.
Stock April 1, 1903 1,241 145,852
Receipts to-day 804 1,960
Receipts previously 36,234 67,914
Total to date 38,279 215,756
Exports to date 195 879
Exports previously 30,985 118,200
Total to date ..31,180 119,079
Stock to-day 7,099 96,677
Same day last year 16,514 87,340
New York, May 28.—Rosin steady;
strained common to good, $2.00@2.05.
Turpentine quiet at 52@52%c.
Charleston, May 28.—Turpentine
steady, 48%c; sales none.
Rosin steady, A, B, C, $1.55; D,
$1.60; E, $1.60: F, $1.65; G, $1.70; H,
$2.95; K, $3.00; M, $3.10; N, $3.15; W
G, $3.25; W W, $3.65.
Wilmington, N. C., May 28.—Spirits
turpentine, nothing doing; receipts, 70.
Rosin firm, $1.75; receipts, 199. Crude
turpentine quiet, $2.00, $3.25 and $3.50;
receipts, 138. Tar firm, $1.65; receipts,
32.
New Orleans, May 28.—Receipts;
Rosin, 450 barrels; turpentine, 32.
FINANCIAL.
FOREIGN EXCHANGE Market
weak. Commercial demand, sterling,
$4.86%; sixty days, $4.83%; ninety days
$1.82. French, 5.19%; Swiss, sixty days,
5.21; Belgian. 5.21; marks, sixty days,
94%; ninety days, 94 3-16.
DOMESTIC N. Y. EXCHANGE-
Buy at 50c per SI,OOO discount.
Sell: Up to $25.00, 10c; $25 to SSO, 16c;
SSO to SIOO, 20o; 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 —There Is some activi
ty In the income bonds of the Central
of Georgia, based on the large Increase
In gross earnings. Other securities are
firm, but very little trading.
llink Stocks.
Bid. Asked
Citizens Bank ..159 160
Chatham Bank 81
Chatham R. E. and I. C 0.... 56 56
Germania Bank 150 155
Merchants National Bank ..114% U 5%
The National Hank of 5av.,,162
Oglethorpe Saving and Trust 115 ...
People's Saving and Loan ..103 104
Savannah Bank and Trust ...140
Savannah Trust 110 111
Southern 179% 181
itujlrul* aual Industrial*.
Bid. Asked.
Augusta and Savannah 119% 120%
Atlanta and West Point ~..159% igo%
do 6 per cent, certlf 108 110
Central Ice 110% U 2%
chat. and Gulf stocks m
Eagle and Phenlx Mfg. C0...100 ...
George Telephone and Tele
graph IS g|
Georgia Brewery 86 92
Macon Hy. and L. pre9 82 88
do common 30 31
Georgia ItailroMd, common ~268 26u
Propeller Towboat 106 108
O. h and K., Ist pfd. ...... 99 100
do do 2nd preferred ...... 71 |1
!0^
fjtiEORGIA/
%BYCO ./
Schedule Effective May 17, 1903.
Trains arrive and depart from Cen
tral Station, West Broad, fopt of
Liberty street, except for Tybee.
90th Meridian Time —One hour slower
than city time,
Leave Arrive
Savannah: Savannah:
Augusta, Macon, At
lanta, Athens, Cov
ington, Milledgeville,
* 7 00am Americus, Albany, • 6 00pm
and intermediate
points.
8 7 00am Statesboro. 6 00pm
t 7 00am Statesboro, Stillmore t 6 00pm
and Brewton.
Augusta, Macon,
Atlanta, Athens,
Montgomery,
* 9 00pm Columbus, Binning- * 7 00am
ham, Americus,
Albany, Eufaula,
and Troy.
Dover
t 6 OOpm and Statesboro t 7 48am
Accommodation.
Dover. Statesboro,
* 4 10pm Stillmore and *lO 40am
■
Guyton
t 2 00pm Accommodation. t 6 00am
BETWEEN VANNAH 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 am, *2:30 pm. *4:15 pm, *7:00 pm.
LEAVE TYBEE.
*7:00 am, *9:55 am, *5:45 pm, *8:30 pm.
•Dally. tExcept Sunday. {Sunday
only.
Connection* 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. J. ROBINSON, Asst. Gen’l Pass.
Agent.
W. A. WINBURN, Vice President
and Traffic Manager.
THEO. D. KLINE, General Supt.
Savannah, Ga.
Savannah and Statesboro R’y
Through Passenger Trains
Savannah to Statesboro
—via—
Seaboard and S. & S. R’y.
Effective Sunday, Nov. 23.
Leave Savanna*)| daily 4:00 p. m.
Arrive Statesboro, 6:16 p. m.
Leave Statesboro. 7:00 a. m.
Arrive Savannah, 9:16 a. m.
Another train, connecting at Cuyler,
leaves Savannah 7:00 a. m„ arrive
Statesboro, 10 a. m. Leave Statefcooro
4 p. m., arrive Savannah 8:30 p. m.
—Shortest and Quickest Route. —
Planters* Rice Mill 105
Savannah Rice Mill 115
Savannah Elec, preferred .... 92 92%
Savannah Elec., common 25
Savannah Hotel Company ..70 75
Southwestern 119% 120%
Southern Railway pref 90% 91%
do do common 27% 28%
Savannah Brewing 105 108
Ruuds.
Char.. Col. and Aug. Ist 6s
1909 114 116
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 and W. 4s, 1938.. 99 100
eral 5s 107 108
C. of Ga. Ist mortgage ss,
1946, F. and A 120 121
C. of Ga. con. 6s, 1945, M.
and N 105% 105%
C. of Ga. Ist incomes 75 75%
do second incomes 35 35%
do third incomes 24 25
C. of Ga. (M. G. and A. Dlv.)
5s 110 ...
Columbus Power Cos. 5s ....100 101
G. S. and F. lsts 115 116
Georgia State 3%5, 1930 109% 111
do 3%5, 1915, M. and N....107 108
do 4%5, 1915 115 116
Macon Ry. and L. Bonds .... 95% ...
Ocean Steamship ss, 1920....H0
Savannah city ss, 1909 105% 106%
Savannah city ss, 1913 109 110
Savannah Electric Cos. 5s 96 97
Seaboard 4s 83 84
South Bound 5s 11l U 2
MONEY MARKET.
New York, May 28. on call,
easy at 2@2% per cent.; closing, 2@2%.
Time money firm; sixty days, 4 per
cent.; ninety days, 4 per cent.; six
months, 4%@4%. Prime mercantile
paper, 4%@5%. Sterling exchange very
strong.
STOCKS AND BONDS.
New York, May 28.—The stock mar
ket developed acute weakness again
to-day. This was not a surprise In
view of the halting and doubtful
movements which greeted yesterday’s
attempt to put up prices. There was
an evidence this morning also of pres
sure to sell stocks which encouraged
the professional bears to make a bold
attack on the market.
Presuming on the urgent necessities
of sundry holders of securities, the
bears offered down prices briskly and
succeeded In wiping out margins on
speculative holdings and dislodging
stop loss orders, which had evidently
been flreely placed 11 through the
market slightly below the existing
price level. The large selling, which
spread pretty generally through the
list, was as little accounted for by any
news developments as that of last
week and of Monday. It was evident
that the fall In price* was Itself the
motive for a large part of the sell
ing. and the maneuvers of the bears
conduced materially to the fall In
prices. This was made clear bv the
substantial rally In the last tnree
quarters of an hour, when the cov
ering by the shorta to take their
profits on the day caused recoveries
of from 1 to 2 polnta In the principal
active slot k*.
A notable center of disturbance for
the whole market was Amalgamated
Copper, Ita decline was shared In
by copper securities all over the world,
and a violent slump In the price of
the metal In Ismdon gave color to the
suspicion, which has. recently found
Southern
Railway.
Trains arrive and depart Savannah
by itoth meridian time—one hour slow
er than city time.
Schedule effective May 24, 1903.
TO THE NORTH AND EAST
I L>aily| Dally
JNo. 34.N0. 30
Lv Savannah (Cent. TANARUS.) ..j"li 59aj12 05a
Ar Blackville (E. TANARUS.) 3 50p| 4 05a
Ar Columbia 5 30p| 6 00a
Ar Charlotte 8 40pi 9 soa
Ar Greensboro 11 2p;12 50p
Ar Danville 12 40a| 2 lOp
Ar Norfolk }~9 65a 10 40p
Ar Richmond 6 55a 6 25p
Ar Lynchburg 2 46a 4 17p
Ar Charlottesville 4 36a 6 lOp
Ar Washington 7 40a 9 60p
Ar Baltimore 8 56a 11 35p
Ar Philadelphia 11 12a 2 66a
Ar New York 1 43p 6 13a
Ar Boston 8 20p 2 Wp
TO THE NUHTH AND WEST.
Lv Savannah (Central Time).. 12 05am
Ar Columbia (Eastern Time).. 6 00am
Ar Spartanburg 10 05am
Ar Asheville (Central Time).. 12 50pm
Ar Hot Springs 2 37pm
Ar Knoxville 6 OOpm
Ar Lexington 5 65am
Ar Cincinnati 8 15am
Ar Louisville 6 30am
Ar St. Louis 6 36pm
TO THE WEST~VTA. JESUP
|DaiIy Dally
[No. 29 No. 33
Lv Savannah (Cent. TANARUS.).. 5 15a 3 55r>
Ar Macon l 30p 3 00a
Ar Atlanta 4 lOp 6 20a
Ar Birmingham 9 55p 11 45a
Ar Memphis 7 15a S 05p
Ar Kansas City 7 00a 9 40a
Ar Chattanooga |9 66p 9 45a
Ar Memphis g 20a
Ar Cincinnati 8 isa 7 SOo
Ar Louisville 10 Ssa 8 15p
Ar_St. Louis 7 32a 7 32a
Trains arrive Savannah as follows:
No. 29, daily, from New York, Wash
ington and Cincinnati, 5:10 a. m.
No. 33, daily, from New York and
Washington, 3:45 p. m.
No. 30, dally, from all points West,
via Jesup, 11:59 p. m.
No. 34, daily, from all points West,
via Jesup, 11:54 a. m.
All trains arrive and depart from
the Union Depot.
THROUGH CAR SERVICE, ETC.
Trains 33 and 34, NEW YORK AND
FLORIDA EXPRESS, Vestibuled lim
ited trains, with Pullman Drawing
room Sleeping Cars between Savannah
and New York. Connect at Washing
ton with Colonial Express for Boston.
Pullman Sleeping Cars between Char
lotte and Richmond and Charlotte and
Norfolk. Dining Cars serve all meals
en route.
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 30, THE WASHING
TON AND FLORIDA LIMITED.
Vestibuled limited trains, carrying
Pullman Drawing-room Sleeping Cars
between Savannah and New York.
Dining Cars serve all meals en route.
Also Pullman Drawing-room Sleeping
Cars between Savannah and Cincin
nati, through Asheville and "The Land
of the Sky.”
For information as to rates, sched
ules, etc., apply to
C. H. ACKERT, G. M., Washington,
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. & T. A.. Sa
vannah, Ga., 141 Bull street. ’Phones
850.
Mercfionts * JWnefs rranspofioiionc®
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 Tims):
TO BALTIMORE.
TEXAS, Capt. Robinson, SATURDAY,
May 30, 7 p. m.
•NEW ORLEANS, Capt. Peters,
TUESDAY, June 2, 10 a. m.
LEXINGTON, Capt. Klrwan, THURS
DAY, June 4, 12, noon.
ITASCA, Capt. Foster, SATURDAY,
June 6, 2 p. m.
TO PHILADELPHIA.
D. H. MILLER, Capt. J. McDorman,
SATURDAY, Mdy 30, 7:00 P. M.
ALLEGHANY, Capt. Chase, WED
NESDAY, June 3, 11 a. m.
BERKSHIRE, Capt. Hudgins, SAT
URDAY, June 6, 2 p. m.
D. H. MILLER, Capt, McDorman,
WEDNESDAY, June 10, 6p. m. •
•Steamship New Orleans carries In
termediate passengers only.
Ticket Office No. 112 Bull street,
J. W. SMITH, Agent.
Savannah, Ga .
W. P. TURNER, G. P. A.
A. D. STEBBINS, G. M.
J. C. WHITNEY, 2d V. P. and T. M.
General Offices. Baltimore, Md.
expression, that! the metal market was
under manipulation for a rise to as
sist in a speculation in copper securi
ties. When the concentrated selling
was detected the bears joined freely
and attacked the stock fiercely. Rock
Island was under severe pressure all
day and the professional bears were
confident in the supposition that large
accounts in the stock were in a vul
nerable position. The heavy selling
of Union Pacific and Its lack of sup
port caused a bad impression. The
same was true of the abandonment
of St. Paul and Pennsylvania to the
vicissitudes of the market. The very
strong tone of foreign exchange gave
intimation that further exports of gold
are likely. *
Rock Island bonds were heavily sold.
The bond market otherwise was irreg
ular. Total sales, par value, $2,590.
United States bonds were all unchang
ed on the last call.
Total sales of stocks to-day were
884,800 shares, including Atchison, 49,-
650; Baltimore and Ohio, 30,550; Ca
nadian Pacific, 33,731; Chesapeake and
Ohio, 2,640; Erie, 28,100; Erie first pre
ferred, 5,950; Louisville and Nashville,
1,820; Manhattan, 6,206; Mexican Cen
tral, 6,200, National Railroad of Mex
ico, 6,000; Missouri Pacific, 30,400; New
York Central, 5,110; Ontario and West
ern, 5,120; Norfolk and Western, 1,850;
Pennsylvania, 41,382; Reading, 24,600;
St. Paul, 72,500; Southern Pacific, 29,-
850; Southern Railway, 6,400: Southern
Railway preferred. 260; Union Pacific,
74,350; Amalgamated Copper, 90,105;
Brooklyn, 15,190; Sugar, 13,825; Tennes
see Coal and Iron, 3,700; United Statea
Leatlier, 82.150: United States Steel,
24.500; United Btate* Steel preferred,
9.200, Rock Island, 118,985.
• X ork Sleek aMI Bond List.
14ailtoail Stocks.
Atchison 76%
do preferred 14%
Baltimore and Ohio 87%
do do preferred 90
Canadian Pacific ...124%
Canada Southern (7%
Chesapeake and Ohio 19%
t’tucwgo and Alton ~.28 •
Atlantic Coast Line Railroad Cos.
EFFECTIVE MAY 24, 1903.
Trains Operated by 90th Meridian Tl me—One Hour Slower Than City Tima,
J-2 | *32~~T*4OTB-0 NORTH & SOUTH | 819 | *39 *35 t 45 B~2T~
7 lOpj 12 50p! 5 35a 135a 7 10a|Lv ..Savannah.. Ar,ll 35a| 3 00a 8 30a 6 30p 11 lOp
12 35a 4 50p;10 40a 6 25a 12 30p Ar .Charleston.. Lv 8 OOaill 35p 6 25a 315 p 7 45p
l*3p| 715a Ar ..New York.. Lv| j 9 25p| 9 30a
67 21 135| 39 | SOUTH. 58 |32 22 40
6 45p 320 pj 8 40aj 3 30a|Lv Sav'annah Ar 9 45a l 2 40p 9~30p 115a
• 830p[. I 9 10a Ar Brunswick Lv 7 30a 330 p...
9 50p 6 20p|U 30a] 6 20a Ar Wnycross Lv 6 30a 10 05a 6 35p 10 15p
* 320 pll 00a Ar Thomasville Lv 3 25a 6 30a 2 30p 2 30p
8 6 20p Ar Montgomery Lv 7 45p 7 00a 7 00a
•• ••• ■ 11 °°P 11l 30a Ar Albany Lv 11 30p 2 OOp
2 20a 4 35p|12 04p Ar Bain bridge. Lv 150a 5 15a 1 OOp 1 OOp
...... 3 10a| 605 p Ar Sanford Lv 115a 12 20p
I jIOOOpAr St. Petersburg Lv 1 6 45a
NORTH. WEST AN D SOUTHWEST. ———
L 67 I Via Jesup. |SB T~ 23 j 57 | Via M’tg’ry |SB | 22"
8 "OP Ar - Jesup. Lv| 7 50a| 6 20p 8 05a Ar M’tg’ry Lv! 7 45p| 7 00a
8 Ar Chat’ga Lv 6 05p 7 59p 7 20a Ar Cin’n’tl Lv 11 15p 5 45p
° p l Ar J-’Sville Lv 7 45a 7 50p 7 20a Ar S. L’uis Lv 2 55p 8 23p
- 7 30pAr Cin’n’il Lv 8 30a L and N
I 33 Ar Chic go Lv 9 OCp M. and O.
° °." p Ar P hla Lv 8 15a 2 56a 4 15p Ar Mobile Lv 12 30p 12 30p
—j**a Ar K. Clty Lv 6 30p|..... L . 7_25a 8 25p|Ar N.Orl’s Lv 8 OOp 8 OOp
•Dally. SSunday only. tDaily except Sunday.
Trains Into and out of Charleston are operated by Eastern time.
Florid'a° UKh Pu ‘ llnan Sleeping Car Service to North, East and West and t*
Dining cars on trains 32 and 35 between Savannah and New York.
M„„ J n , connects at Washington with Colonial Express for Boston and
" , England points, also with Northern Central train for Pennsylvania and
Western New York points.
ma< ? e * c Port Tampa with U. S. mail steamship of the Penln
an? Occidental Steamship Line, 1 eaving Port Tampa Sundays, Tuep
days and Thursdays at 11:30 p. m.
S: **■ EMERSON, Traffic Manager, Wilmington, N. C.
W. J. CRAIG, Gen'l Pass. Agent, Wilmington, N. C.
',/LLEAHY, Division Pass. Agent. Savannah, Ga.
i Trav. Pass. Agent. De Soto Hotel. 'Phones 78.
1 n Union Ticket Agent. Bell ’phone 235. Georgia 1L
I. C. SAPP, Ticket Agent. De Soto Hotel. ’Phones 73.
SEABOARD
AIR LI IN E RAILWAY,
Schedule Effective April 12, 1903—90th Meridian Time—One hour slower than
City Time, to and from all points south of Columbia; Eastern Time
north of Columbia.
READ DOWN. READ U>r
No. 27|No. 31 j NORTH AN D SOUTH, ~No. 34,N0T66
12 10a 12 56p|Lv NEW VoitK. 4 15pi 6 13a
7 20a 329 pLv Philadelphia Ar 1 36p! 2 06a
9 34a 6 46p|Lv ... Baltimore Ar 12 25a 11 25p
10 46a 7 OOpjLv Washington Ar 10 10a 8 36p
2 15p 10 35p Lv Richmond Ar 6 35ai 4 56p
9 25a 9 05p Lv Portsmouth Ar 8 OCa 5 35p
7 80p 3 55a Lv Raleigh Ar 1 25a11l 50a
330 p Lv Wilmington Ar |l2 45n
12 62a 9 54a| Lv Camden Ar 7 35p| 6 30a
12 55a|10 00a I ,v Columbia Ar 5 30p 4 25a
5 10a 2 25p Lv SAVANNAH Lv 1 15p[12 10a
8 02a 5 15p Ar Darien LvjlO 05a|
7-56a 5 30p Ar Brunswick Lv 10 05a 9 OOp
10 05a 6 45p Ar Fernandina Lv 8 50a 7 50p
9 15a 6 50p Ar JACKSONVILLE Lv 8 45a 7 60p
1 58p 1 50a Ar Ocala Lv 2 35a112 41p
5 lOp 7 45a Ar Orlando Lv 6 OOp 8 25a
6 OOp 6 45a Ar Tampa Lv 9 OOp 8 60a
1122a '. Ar Lake City Lv 5 36p
12 04p Ar Live Oak Lv 4 54p
315 p Ar Tallahassee Lv 1 63p
5 05p Ar River Juction Lvf 12 20p
10 BOpl Ar Pensacola Lv| 7 00a
No. 73|No. 71|No. 87| WEST |No.BB| N0.72 N0.741 No.7I|WEST * NW.|No.72
4 SOp 7 00a 4 OOp Lv AV*H Ar 9 load's 30p 10 00a 7 00a Lv7 SAV'H. Ar| 8 30p
7 16p 9 48a Ar. Lyons. Lv 6 Olp 7 07a 11 33a Ar Dublin. Lv 4 24p
8 45p 11 20a Ar Helena Lv 4 20p 6 00a 1 30p Ar. Macon. Lv' 2 30p
8 00a 4 20p Ar Fltzg'd. Lv 9 45a 4 lOp Ar ATL’TA Lv!l2 05p
6 61a 1 25p Ar Cordele Lv 2 05p 5 55p 9 50p Ar Chat'g Lvl 6 45a
7 68a 303 p Ar> Albany Lv 12 06p 7 OOp 8 15a Ar Cin*ti Lv| 8 05p
7 37a 312 p . Ar Am’cus Lv 12 35p 4 SOp Through coach Savan
-10 25a 5 15p Ar Col’bu*. Lv ...... 10 15a 2 15p nah to Macon via VI
Nos. 31 and 34 SEABOARD EXPRESS, solid vestibuled train from Jackson
ville to Washington, with through Pullman sleeping cars, Tampa to New
York via Savannah. Cafe dining cars serving all meals between Jackson
ville and Hamlet.
Nos. 27 and 66, SEABOARD MAIL, through vestibuled trains between
Jacksonville and Washington, with Pullman Buffet sleeping cars to and
from New York.
Noe. 71 and 72, WESTERN EXPRESS, close connection at Montgom
ery for Mobile, New Orleans and Southwestern points. Double dally
service, except Sundays, between Savannah and Statesboro. These trains
carry through cars between Savannah and Macon, where close connection
Is made for Northern and Northwestern points.
Full Information at City Ticket Office, No. 7 Bull St. Telephone No. 28,
C. W. SMALL, C. P. and T. A.
R. C. BLATTNER, Union Depot Ticket Agent.
W. P. SCRUGGS. CHARLES F. STEWART,
Trav. Pass Agent, Savannah, Ga. A. G. P. A., Savannah, Ga.
OCEAN STEAMSHIP GO. of SAVANNAH
For New York , Boston and the East.
Unsurpassed cabin accommodations. All the comforts of a modern 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; IntennedU
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
(10th meridian) time: ,
FOR NEW YORK:
KANSAS CITY. Capt. Smith, FRI-TALLAHASSEE, Capt. Johnson,
DAY, May 29, 7:30 a. m. MONDAY, June 8, 4 p. m.
CITY OF MEMPHIS, Capt. Savage, CITY OF AUGUSTA, Capt. Burg.
MONDAY, June 1. 9 a. m. WEDNESDAY, June 10, at 5:00 p. m.
CITY OF MACON, Capt. Fisher, CITY OF MEMPHIS, Capt. Savage,
WEDNESDAY, June 3, 11 a. m. FRIDAY, June 12, 6 a. m.
CITY OF BIRMINGHAM, Capt. Dryer,ClTY OF MACON, Capt. Fisher, MON
FRIDAY, June 5, Ip.m. DAY, June 15, 8 a. m.
CITY OF SAVANNAH, Capt. Daggett, CFTY OF BIRMINGHAM, Capt. Dryer,
SATURDAY, June 6, 2 p. m. | WEDNESDAY, June 17, at 10:00 a. m.
•Steamships City of Memphis, City of Macon, Tallahassee and Chattanoo
chee carry first cabin passengers only.
tClty of Savannah will not carry Intermediate passengers.
Sailings from New York for Savannah at 3 p. m. on May 26, 28, 29, 30; June
2. 4,6, 9, 11, 12, 13, 16. 18, 20, 23, 25, 26, 27, 30.
The Chattahoochee, Capt. Lewis, leaves New York for Boston Saturday*
at 4 p. m. Leaves Boston for New York Wednesdays at 3 p. m.
This company reserves the right to change Its Ballings without notice and
without liability or accountability therefor.
U M ERSKINE. L. R.VAN DIVIERE, W. G. BREWER.
Agt O. 8. 8. Cos., wharves. Com. Agt. 17 East Bay. C. T. AP. A.. 107 Bull.
SAVA* NAH, UA.
w~ H. PLEASANTS, C. B. WALWORTH.
„ Vice President A Gen'l. Mgr. Gen. Pass. Agt.
Pier 35 North R iver. New York.
do do preferred 68
Chicago and Great Western 20%
do do A preferred 72%
do do B preferred 34
Chicago and Northwestern 175
Chicago Terminal and Trans 14%
do do preferred 24%
C„ C.. C. and St. L 87
Colorado Southern 19%
do do Ist preferred *2%
do do 2nd preferred 29%
Delaware and Hudson ...........170%
Delaware, Lacka. and Western ..249
Denver and Rio Grande 32
do do preferred 84%
Erie 83%
do Ist preferred 67%
do 2nd preferred ................. 66
Great Northern preferred 180
Hocking Valley 96
do do preferred 94%
Illinois Central ~iy. .....185%
lowa Contra| ........ 28%
do do preferred 66
Lake Eg* and Western U
do do preferred )os%
Louisville and Nashville ~.,.118
Manhattan L 137%
Metropolitan St. Ry 128%
Mexican Central 24%
Mexican National 23%
Minneapolis and St. Louis 89
Missouri Pacific 105%
Mo., Kan. and Texas 23%
do do preferred 58
New Jersey Central 163
New York Central 126%
Norfolk and W'estern 68
Ontario and Western 26%
Pennsylvania 127
Reading 4g%
do Ist preferred 82
do 2nd preferred 66
St. Louis and San Francisco 71
do do Ist preferred 74
do do 2nd preferred 64%
St. Louis Southwestern 20
do do preferred 4(%
St. Paul 149%
do do preferred —ITS
Southern Pacific 60
Southern Railway 26%
do do preferred 8#
Continued on Eighth pegs.
9