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TRADE AND FINANCE
< oTTOH TAKES A SHARP TUMBLE
FROM ITS HIGH POSITION.
futures close at declines.
Ii ItPEVTINE FIRM AND IX GOOD
DEMAXD AT 47 l-4c.
\(er the Closing the Tank & Ei
vort Cos. Stepped in and Took
laii-gely of the Offerings, Which
It In Said Will Be Stored—Rontna
Firm and in Demand—The Whole,
snle Market* Steady—Local and
Telegraphic Market*.
The Morning News Office,
Monday, June 29.
Holders of long cotton appeared very
willing to reduce their lines to-day,
and in consequence liquidation followed
that carried prices off 11 to 19 points
at New York and 18 to 36 points at
Hew Orleans. The bulls did not seem
disposed at any time during the day
to make a demonstration. The spot
markets were generally listless, and
in the main closed unchanged.
Turpentine developed marked
strength during the late hours by the
entrance of the National Tank and Ex.
port buyers, w’ho stepped in and . took
large lots at 47%c. For the past few
days the urgent demand has been ap
parently satisfied, and upon this ex
porters seized to hammer the market.
They were bidding lower day by day,
and when the Drice got down to 47c,
they dropped with their bids into the
46 s. Here the tank people entered,
for it has been known all along that
they would want turpentine at or be
low’ 47c. It has developed that they
wanted it at even higher nrlces. Their
takings to-day were mostly Atlantic
roust Line receipts, and it is said this
turpentine will go into the big storage
tanks nearby. The market is depend
ing largely upon the volume of re
ceipts, and w'hat they will be depends
largely upon the weather. Com.
plaints of too much rain have been
heard of late, and with a continuance
of this full receipts are improbable.
Fair weather, however, would in
crease the receicts. Rosins closed
firm and In satisfactory demand. De.
tails of the different markets follow;
COTTON.
Spot cotton closed firm and unchang
ed, with practically nothing doing from
a local standpoint. In the f.o.b. mar
ket the same featureless conditions
ruled, with the day's doings uninterest
ing from all standpoints.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
This j Last
J day. I year.
Good middling 12% |9 5-16
Middling 12% j 9 1-16
Low middling 12 8 11-16
Good ordinary 11% * |S 3-16
Market firm; sales, 2.
Receipt#. Exports and Stocks—
Receipts this day 247
Last year 370
Y*ar before last 2,061
Receipts since Sept. 1, 1902 ..1,296,328
Receipts same time last year ..1,126,511
Stock to-day 10,233
Stock last year 16,002
Exports—
Coast .. 213
Receipts at all Ports—
Receipts ports to-day - 4,623
Same day lost year 3,719
Tear before last 6,900
Receipts this week 7,032
Last year . * 5,573
Tear before last 18,694
Receipts Sept. 1 7,651,166
Stock at all ports 249,433
Stock last year 320,392
Dally Cotton Market—
Galveston—Firm; middling, 12%c; net
receipts, 5; gross, 5; sales, 54; stock.
4,386. Exports.—Coastwise, 431; France,
6,211.
Norfolk—Firm; middling. 13c; net re
ceipts, 68: gross, 68; sales, 2; stock,
473.
Baltimore —Nominal; middling, 13%c;
stock, 1.003.
Boston—Dull: middling, 13c; net re
ceipts, 35; gross, 468.
Wihnington—Nominal; net receipts,
1: gross, 1; stock, 350.
Philadelphia—Quiet; middling. 13%c:
stock, 1,889. Exports. —Great Britain*
600.
Savannah—Firm; middling, 1214 c: net
receipts, 247: gross, 247; sales, 2: stock,
10.233. Exports.—Coastwise, 213.
New Orleans—Steady; middling, 13%;
ret receipts, 4,267; gross, 5,952; sales,
500; stock, 65.9?4.
Mobile —Nominal; net receipts, 10;
gloss, 10; stock, 1,889.
"Memphis—Quiet; middling, 13 5-16 c;
net receipts, 120; gross, 1,373; sales, 50;
stock, 4,156.
•Augusta—lrregular: middling, 13c;
net receipts, 101; gross, 651; sales, 13;
stock, 3,267.
Charleston —Nominal; stock, 741.
•Cincinnati—Dull; stock. 8,767.
•Louisville—Firm; middling, 13%c.
•tit. Louis—Steady: middling. 13%c;
gross receipts, 12; sales, 150; stock, 5,-
583.
•Houston—Steady; middling, 1214 c;
net receipts, 3; gross, 3; stock, 5,350.
New York—Quiet; middling, 13.25 c;
gross receipts, 979; sales, 174; stock, 16,-
319. Exports.—Great Britain, 596.
Total to-day, at all seaports —Net re
ceipts, 4,623; Great Britain, 1.196;
Trance, 0,211; stock. 249,433.
Consolidated, at all seaports—Net re
ceipts. 7.032; Great Britain, 3,093;
France, 6,211; continent, 1,564.
Total since Sept. 1, at all seaports—
Net receipts, 7,651,166: Great Britain, 2,-
‘4',88; France, 702,469; continent, 2,-
977,516; Japan, 135,061.
•Not included in totals.
SEA ISLAND COTTON.
The sea island cotton market closed
'jniet the past week, with little doing
in any quarter. The demand was good,
* )u 1 there is a disposition to ask full
l'fi'cs in view of the statistical position
<>f the article, and the poor prospects
J or a full crop. There is In sight 102,-
•01 hales.
Prices about as follows:
Fancy Florldas 21 ®23
l-xtia choice Floridas 18*®1
Choice Florldas 1 ®l7
liitiiy Georgias 20 ® —
•■.xtia choice Georgias 17 ®17%
Choice 15H®18
Extra tine Georgias 14*
line 13
iledium fine 12
Commons 10 ®ll
v ' Vh *i Ending June 19— __
' 1037 j IW.
Receipts' (gross) ~i’.T. ~ 671 270
“•"•elpts (net) 47 270
*■ ‘porta 14T 2*4
k 7,20 e 7.7*6
slpta since B*pt. 1 !
■gross) <74.747 54.145
1 elpts sines kept 1|
COTTON FUTURES.
'*# York June* ♦.-T!i* f#(tM It*#*-
#t * 4#l®
‘lit*, ufi4|
,J wiir Mitd un*r fs v ot lit> imw**4k* W*
in uHttm'Uim wui *
A B. BAXTER & CO., INC.,
Board C^ S m I V 0 M “n>hy A Cos.,
Private I Buildin *’ Savannah.
York rhVi and 7 ires dlrect to New
Otv™S g< U nd New Orleans.
STOCKS AND GRAIN.
rwnL . k ° mc -’ No- 61 Broadway,
the South' citle * throughout
ual „a vJT, e for our market man
“or traded Instructs
tjon tS in e c^ ing a condi
tion in cotton manufacturing circles
elg l lt . Badl Itiver mills reported
. losing for the week. Right
after the call the whole list turned
easier under liquidation in the absence
of bull support. July declined to 12.95 c
.? USt t 0 2 slc> and September, which
was especially weak under liquida
tion, reached 11.67 c, with the other
new crop months showing net losses
of from 16@18 points. Receipts at New
" ere heavier than expected,
and this contributed to the selling
movement, but as the market worked
downward room shorts turned for
profits and at the lowest points bull
support again developed.
Prices were sent back nearly to the
best point of the morning, only to turn
easier again during the afternoon un
der renewed liquidation, and the bet
ter character of crop news. The list
was finally steady at 11 @l9 points
lower. Total sales, futures, were esti
mated at 300,000 bales.
New York. June 29,-Cotton spot
closed 10 points lower middling up
lands, 13.25 c; middling gulf, 13.50 c;
sales, li9 bales.
Futures opened easy. July, 12.00 c;
August, 13.27 c; September, 11.30 c; Oc
tober, 10.44 c; November, 9.98 c bid;
December, 9.94 c; January, 9.92 c; Feb
ruary offered, 8.90 c.
Futures closed steady, June, 12.02 c;
July , 12.28 c; August, 11.84 c; September’,
11.70 c; October, 10.31 c; November, 9.89 c;
December, 9.83 c; January, 9.80 c; Feb
ruary, 9.75 c; March, 9.72 c.
New loi k, June 29. —Cotton futures
high and low- June, 13.06@13.06e; July,
13.06@13.25e; August, 12.94@12.81c; Sep
tember, 11.91® 11.67 c; October, 10.35©
10.30 c; November, 10.03@9.90c; Decem
ber, 9.97©9.83c; January, 9.92©9.78C’
February, 9.77@9.59c; March. 9.75 c.
NEW ORLEANS COTTON MARKET.
New Orleans, June 29.—1n the spot
cotton market there was little doing,
offerings being limited and few buyers
moving about. Quotations unchanged.
Futures were unsettled at the opening
and remained so throughout the day.
The decline was brought about by a
variety of causes. Soon after the op
ening liquidation commenced and was
energetically carried on for some time,
and added to this was a favorable
weather map. The selling orders which
had more weight on the market than
anything else apparently came for the
most part from the country. Local
operators did very little selling. Some
weak longs unloaded, as is usual in
every slump. After the opening there
was a further decline followed by a re
action.
The market then eased off gradually,
closing at aboqt the lowest figures of
the day, showing net losses on June of
23 points, July 28, August 35, Septem
ber 36, October 22, November 18, De
cember 20 and January 22.
New Orleans, June 29.—Cotton fu
tures barely steady. June 13.87 c bid;
July, 13.86@13.90c: August, 13.57@13.90c;
September, ll.87@ll.89c; October, 10.13@
10.11 c; November, 9.72@>9.74c; December,
9.68@9.69c; January, 9.66@9.67c.
LIVERPOOL COTTON MARKET.
Liverpool, June 29. —Cotton —Spot
more business done, chiefly export, and
prices 6 points lower; American mid
dling fair, 7.24d; good middling, 7.OSd;
middling, 6.92d; low middling, 6.66d:
good ordinary, 6.36d: ordinary, 6.16d;
the sales of the day were 6,000 of which
2,600 were for. speculation and export,
afid included 5,700 American. Receipts,
1,000 bales, all American.
Futures opehed auiet and closed Ir
regular; American middling, good ordi
nary clause, June, 6.67®’6.68d: June
and July, 6.66d; July and August, 6.64
@6.67d; August and September, 6.55@
6.56d; September, 6.07d; October and
November, 5.58d; November and De
cember, 5.40d; December and January,
5.32d; January and February, 5.21d;
February and March, 5.30d.
H. A B. Co’s Cotton Letter.
•New York, June 29.—Our market
opened with sales of August at 12.87®
12 86c closed 12.95@12.36c, and after
selling at 12.94012.81 c, ruled at 12.87 c
at Ip. m. European markets were
very weak to-day on realizing sales by
continental speculators, and on the
fear the stock cotton now being re
ceived t>y the bull party would be
shipped to Liverpool. A rather better
weather map added to the weakness
of the distant deliveries. Here there
was no evidence of support and under
free offerings from the local traders
prices quickly declined. The pressure
was especially felt on September, Au
gust was the best sustained at the
decline the shorts in that position not
liking the outlook of the cotton all be
ing in the bull's hands. No tenders
were made to-day. Temper of the
trade here is bearish on the new crop
expecting a better bureau report. Adl
er the close New Orleans market
broke badly and foreign markets
should show sharp decline to-morrow.
The spot market was quiet 10 points
decline.
dry goods.
New York, June 29,-The week in dry
goods opens very quietly, with a con
tinued tendency toward higher prices
and reports of increased curtailment
in all sections. Jobbers naturally have
had a very quiet day on account of
the inclement weather and first hands
have been visited bv few buyers. Con
servative purchasing is the watch
word of buyers, whether having libeial
stocks or not.
financial.
JOHN W. DICKIY,
Stock end Bind Brakcr,
AUGUSTA. CA.
Write tor Ufit.
HARRIS. GATES & CO.
UKIIBEKS:
NEW YORK STOCK EXCHANGE
fflS tork f®lc E H S H E ANaE
cmrOS DEPARTMENT 10 Wall 8t„
Orders Incited for Futur. Deliveries.
COTTON TIES,
j, o. WEED & CO.
—a a rA -a**'*
DUES
■ ran. v t! 1 *
(DM**
a** * Wl" - * U "* U "
SAVANNAH MORNING NEWS: TUESDAY. JUNE 30. 1003.
Savannah Bank
and Trust Go.
Capital, $350,000.
JOSEPH D. WEED, President.
JOHN C. ROWLAND, Vice President.
MM. F . McCauley, c,,ie.
BAML. L. CLAY, Assistant Cashier.
V general hanking and exchange
business transacted.
Saving* Department, Interest
computed quarterly.
Accounts of merchants, banks
an.l corporations solicited.
American xpres* Company’s let
ters of credit tssned available in all
parts of the world.
Collection* earefnlly made and
Promptly accounted for.
Safety Deposit poxes and Storage
Vaults for rent.
Correspondence invited.
NAVAL STORES.
Monday, June 29.
Tl RPENTINE.— For the past few
days the turpentine market has turned
a shade easier on a lesser demand, and
the opening of the new week did not
apparently have in store any features
calculated to impart strength. The de
mand was indifferent a part of the day.
At the Board of Trade the opening was
firm at 47c. sales 339 casks, and the
closing firm and unchanged, no sales.
After the closing the National Tank
and Export Company entered the mar
ket and bought freely at 47%c in suffi
cient lots to make this the official
opening for to-morrow. It has been
currently known tn the street that the
tank people would resist any decline
below 47c, and their entrance is taken
to Indicate that they intend to support
the market. The demand was par
ticularly good for Atlantic Coast Line
stuff. To-day’s receipts were 1,122
casks ; and the exports 215 casks.
ROSINS.—The rosin market opened
firm at the prices below, sales 507 bar
rels, and closed firm and unchanged,
no sales. After the closing inquiry was
reported, and a fair business done. The
day’s receipts were 2,294 barrels, and
the exports 6,757 barrels. Prices as fol
lows;
ISatur- Last
SPIRITS— |TO-dayj day. Year.
Spirits j 47 47 47
Sales | 339 1,109
Rosins, firm.
w. W 7177 L3O 3.30 M~
w. G 3.10 3.10 3.45
N 3.00 3.00 3.40
M 2.90 2.90 3.05
K 2.80 2.80 2.55
I 2.65 | 2.65 2.05
H 2.25 j 2.25 1.70
G 1.70 j 1.70 1.40
F 1.65 1.65 1.35
E 1.60 | 1.60 1.25
D | 1.55 | 1.55 1.25
A. B, C 1,50 i 1.50 j 1.25
Sales j 507 | 2,243
Naval Stores Statement-
Spirit*. Rosin.
1903-04.
Stcek April 1, 1903 1.241 145.552
Receipts to-day 1,122 2,294
Receipts previously 63,029 124,593
Total to date 65,392 272,769
Exports to date 215 6,757
Exports previously 55,835 191,987
Total to date 56,050 198,744
Stock to date 9,342 74,025
Same day last year 14,631 91,618
New Y'ork, June 29. —Rosins quiet;
strained, common to good, 32.05@2.07%.
Turpentine quiet, 491i@50c.
Charleston, S. C., June 29. —Turpen-
tine, steady; 46%c.
Rosin, steady. A, B, C, $1.45; D,
$1.50; E, $1.55; F, $1.60; G, $1.65; H,
$2.20; I, $2.55; K, $2.70; M, $2.80; N,
$2.90; W. G., $3.00; W. W., $3.20.
Wilmington, N. C., June 29.—Spirits
turpentine, nothing doing; receipts, 53
casks.
Rosin, nothing doing; receipts, 120
barrels.
Crude turpentine, firm; $1.75, $3.00 and
$3.25; receipts, 122 barrels.
Tar firm; $1.65; receipts, 222 barrels.
New Orleans. June 29. —Receipts,
rosin, 165 barrels; exports, Genoa, 200
barrels.
FINANCIAL.
FOREIGN EXCHANGE Market
weak. Commercial demand, sterling,
$4,864; sixty days. $4.83%; ninety days
$4.82. French, 5.19%; Swiss, sixty days,
5.21; Belgian. 6.21; 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, 15c;
<6O to *IOO. 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—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.
Bank Stocks.
_ Bid. Asked.
Citizens Bank 158 160
Chatham Bank 82 83
Commercial Bank 101 102
Chatham R. E. and I. C 0.... 53% 54%
Germania Bank 150 155
Merchants National Bank ..114% 115%
The National Bank of 5av....15
Oglethorpe Saving and Trust.ll7 ...
People’s Saving and Loan ..103% 104%
Savannah Bank and Trust ..140 141
Savannah Trust 110 111
Southern
Railroad* and Indaatrlala.
Bid. Asked.
Augusta and Savannah .119 120
Atlanta and West Point ....158 160
do 6 per cent, certif 108 110
Central Ice ; JJ# 112
Chat, and Gulf stocks 116 ...
George Telephone and Tele
graph
Georgia Brewery 92* 100
Macon Ry- and L. pref 80 82
do common 28 30
Georgia Railroad, common.. 250 258
Propeller Towboat 106 108%
G Sand F.. Ist pfd 99 100
do do 2nd preferred 78 81
Planters' Rice Mill 100 105
Savannah Rice Mill .....115 ...
Savannah Elec, preferred .. 90 92
Savannah Elec, common .... 20 24
Savannah Hotel Company •• 70 75
Southern Railway pref B,* 88
do do common 23 23*
Savannah Brewing ....
Savannah Cotton Exchange. 5. 65
ftOMd*.
Char.. Col. and Aug. Ist 6s
Char, Col. and Aug. 2d 75..'. 120 ...
Chat, and Gulf R. R. 6 P* r
cent. Ist mortgage 104 107*
**
AIB Mid, 6s. ind and. I*2*. H. m
August* Factory * Pr *..
c rs & m •&**'“*£ m
IMb. r and A.
C. of O* cm U. 1*45. M :j |
Slid W *** * * mm 74
‘ do 2d ,m on, *
JUJ llKOfll** LIUI **
r uf <i* < O *<> Aplv, , u
m ,ku Fs*sf C."(isMW M
F U IIM IW
il2rr. state *%s. tm • • >3
|T *V V3mm 4 H-m >
MGEORGI4,
I^RYCO^
Schedule Effective June 28, 1903.
Trains arrive and depart from Cen
tral Station, West Broad, foot of
Liberty street, except for Tybee.
9#th Meridian Ttme—One hour slower
than city time.
Leave Arrive
Savannah: Savannah:
Augusta, Macon, At-j
llanta, Covington, Mil-i
*S 45 am ledgeville, Amertcus,j*6 10 pm
See I Albany, and inter- j See
Note‘‘A”| mediate points. |Note” A”
18 45 am[ Statesboro. |M 10 pm
IF 45 am Statesboro., Stillmore 16 10 pm
and Brewton. | _
Augusta, Macon. I
Atlanta, Athens,
Montgomery.
* 9 00pm Columbus, Blrming- * 7 OOaxn
ham, Americus,
Albany, Eufaula,
I and Troy.
. I Dover
16 00pm! and Statesboro 17 48am
_ 1 Accommodation.
. ■> I Dover, Statesboro,
* 4 lOpmj Stillmore and tlO 40am
I JDublin. __
.. „ j Guyton
T Z.OOpmi Areommodation. ft 6 00am
j Seashore Special,
jMacon, * Eatonton.Mil
, i ledgeville. Augusta,
I 6 JOpmjDubiin, and inter-1810 25am
I mediate points. I
I Sunday Only. |
BETWEEN SAVANNAH AND TY
BEE.
Trains arrive at and depart from
Tybee depot, Randolph street, foot of
President. 1
Standard (90th meridian) time, one
hour slower than Savannah city time.
LEAVE SAVANNAH.
Week Days—s:4s am, 9:00 am, 2:30 p
m, 4; 15 pm, 6:00 pm, 7:40 pm.
Sundays—7:2s am, 9:00 am, 11:00 am,
2;3G pin, 4;15 pm, 6:00 pm, 7:40 pni.
LEAVE TYBEE.
W r eek Days—s:oo am, 7:00 am, 9:55 a
m, 5.00 pm, 6:50 pm, 9:20 pm.
Sundays—s:oo am, 8:15 am, 9:55 am,
11:50 am, 5 00 pm, 6:60 pm, 9:20 pm.
•Daily. tExcept Sunday. ISunday
only.
Connections made at terminal points
with all trains Northwest, West and
Southwest.
“A” Trains leaving Savannah at 8:45
a. rn. and arriving Savannah 6:10 p. m.
do not make connection for or from
Augusta on Sundays.
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. Sc S. R’y.
Effective Sunday, Nov. 23.
Leave Savannah 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 Stateaooro
4 p. m., arrive .Savannah 8:30 p. m.
—Shortest and Quickest Route.—
do 4%5, 1915 115 115%
Macon Ry. and L. bonds 1 94
Jacksonville Electric 5s 98
Ocean Steamship ss, 1920 110
Savannah city ss, 1909 106 107
Savannah city ss, 1913 110 111
Savannah Electric Cos. 5s ... 95 96
SeabAard 4s 83 84
South Bound 5s 109 110
MONEY MARKET,
New York, June 29.—Close money on
call firm at 2%@5 per cent., closing,
3%@4. Time money firm; sixty days,
4 per cent.; ninety days, 4% per cent.;
six months, 5%. Prime mercantile pa
per, 5%@5%. Sterling exchange easier,
with actual business in bankers’ bills
at $4.87.35@4.87.46 for demand, and at
4.84.90(3)4.85 for sixty days' bills; post
ed rates, $4.85% and $4.88%. Commer
cial bills, *4.84%. Bar silver, 52%c.
Mexican dollars, 41c.
STOCKLAND BONDS.
New York, June 29.—T0-day’s stock
market showed more animation in a
strongly rising scale than has been
seen for many weeks. Business for
the first two 'hours was considerably
in excess of the average for the full
daily trading of last week.
The market closed very active and
strong with the top level of the day
well maintained. Net gains of 1 to
7% were general among the leading
active stocks. Reading was easily the
leader of the day's market with its
•advance of 2% on the purchase of
enormous blocks on a constantly ris
ing sale. The Pennsylvania group of
coalers was conspicuous throughout
and Pennsylvania itself broke through
the opposition which held it for a
time at 125 and rose to the best In
the late dealings. The grain carriers
were later to respond, but they came
forward vigorously In the final deal
ings with the Pacifies leading. Union
Pacific and Southern Pacific rose more
than 2 points over Saturday. The buy
ing of Reading was concentrated and
the personality of the brokers em
ployed gave rise to renewed surmises
as to possible new adjustment of re
lations and control in the field of the
trunk lines and coalers as an out
growth of the final lodgement of the
new Pennsylvania Mocks. The action
of that stock was a reassuring factor
upon sentiment. The brilliant success
of the subscription was a stimulating
influence upon the whole market.
The official announcement that the
total issue was subscribed for by
stockholders and that 90 per cent, of
subscription# were paid In full indl
catea a money requirement of upward
of $85,000,000. That this requirement
could have been met with practically
no disturbance In the money market
had greatly strengthened confidence in
the money situation the more so as it
Is now understood that the subscrip
tion {Siyineiit has not yet been redis
bursed for inpayment of the Pennsyl
vania, fOo.uOo.OOd, loan negotiated bust
January although tt is stated on au
thority ttisi this loan will be repaid
•4 its maturity In the second and third
a*~gr of July 'flu- Pennsylvania sub
s. nptlon* set in to ha ve operated for
die benefit of tbs New Turk Ptsstsy
Southern
Railway.
Trains arrive and depart Savannah
by 90th meridian time —one hour slow
er than city time.
Schedule effective June 21, 1-903.
TOTHS NORTH AND EAST
I Dailyi Dally
JNo. 24 No. 30
Lv Savannah (Cent. T.)..|U 10al2 05a
Ar lUackville (E. TANARUS.) | 2 18pj 4 05a
Ar Columbia j 4 05p 1 6 00a
Ar Charlotte j 8 05P| 9 55a
Ar Greensboro ]lO 47P[12 ;>op
Ar Danville |II 53pj 2 lOp
Ar Kichmond | 6 65a| 6 lap
Ar Lynchburg | 1 55aj 4 17p
Ar Charlottesville | 3 37a, 6 lOp
Ar Washington 6 42aj 9 60p
Ar Baltimore 8 03a|ll 35p
Ar Philadelphia ;10 15a| 2 56a
Ar New York |l2 43pl 6 15a
Ar Boston j 8 00p 2 OOP
TO THE NORTH AND WEST.
Lv Savannah (Central Time).. 112 05&m
Ar Columbia (Eastern Time).. 6 OOain
Ar Spartanburg 10 05.\tn
Ar Asheville (Central Ttme). . 12 60pm
Ar Hot Springs 2 37pm
Ar Knoxville 6 00pm
Ar Lexington 5 65am
Ar Cincinnati 8 16am
Ar Louisville 6 80ain
Ar St. Louis 6 36pm
TO THE WEST VIA, JESI7I'
Daily
No. 29.
Lv Savannah (Cent. TANARUS.) 5 16a
Ar Macon 1 30p
Ar Atlanta 4 lOp
Ar Birmingham 9 55p
Ar Memphis 7 15a
Ar Kansas City 7 00a
Ar Chattanooga ... T. 9 60p
Ar Memphis 8 20a
Ar Cincinnati 8 15a
Ar Louisville 10 36a
Ar St, Louis 7 32a
Trains arrive Savannah as follows:
No. 29, daily, from New York, Wash
ington and Cincinnati. 5:10 a. m.
No. 83, daily, from New York and
Washington, 5:40 p. m.
No. 30, daily, from all points West,
via Jesup, 11:59 p. m.
All trains arrive and depart from
the Union Depot.
Trains 29 and 30. THE WASHING
TON AND FLORIDA LIMITED.
Vestibulcd limited trains, carrying
Pullman Drawing-room Bleeping 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. TSLATTNER, Depot Ticket
Agent, Union Depot, Savannah, Ga.
E. O. THOMSON. C. P. & T. A., Sa
vannah, Ga., 141 Bull street. 'Phones
850.
Merclioitis S Miners rronsporialioD Go
Steamship Lines
To Baltimore & Philadelphia
Tickets on Sale to All Points North
and West.
First-class tickets Include meal* and
berths Savannah to Baltimore and
Philadelphia. Accommodations and
cuisine unequaled.
The steamships of this company are
appointed to sail from Snvannul, as
follows (Central Standard Time):
TO BALTIMORE.
•NEW ORLEANS, Capt. Peters,
TUESDAY, June 30, 9:30 .1. m.
LEXINGTON, Capt. Klrwnn,
THURSDAY, July 2, 11 a. m.
ITASCA, Capt. Foster, SATURDAY,
July 4, 1 p. tn.
ICHATHAM, Capt. Hudgins* TUES
DAY, July 7,3 p. m.
TO PHILADELPHIA.
D. H. MIITLER, Capt. McDorman,
WEDNESDAY, July 1, 10 a. m.
ALLEGHANY. Capt. Chase, SATUR
DAY, July 4, 1 p. m.
BERKSHIRE, Capt. Hudgins, WED
NESDAY. July 8. 4 p. m.
D. H. MILLER, Capt. McDorman,
SATURDAY, July 11, 6 p. m.
•Steamship New Orleans carries in
termediate passengers only.
Ticket Office No. 112 Bull street.
3. 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.
market by the divisions of the pay
ments to this center both from Phila
delphia and from foreign stockhold
ers. The ability of the money market
to carry through this great operation
has detracted from the features of a
money squeeze in meeting the July
first requirements which, however, are
unprecedented in amount. It is esti
mated that the total interest and div
idend disbursements for July will
amount to $136,900,000. Call money rul
ed at a higher rate to-day, however,
and the time money market was per
cepetably firmer.
United States steel 2nd ss, were kept
down, 52 by persistent selling.
The bond market was firm. Total
sales par value, $168,602,000,. United
States bonds were all unchanged on
the last call.
Tots! sales of stocks to-day were,
681,300 Including, Atchison, 1,860; Bal
timore and Ohio, 40,400; Canadian Pa
cific, 12,100; Chesapeake and Ohio, 4,-
300; Erie, 34,570; do 2nd preferred. 5,-
800; Amalgamated Copper, 21,065;
Louisville and Nashville, 4,410; Mis
souri Pacific, 22,830; Norfolk and West
ern, 4,700; Ontario and Western, 12,-
150; Pennsylvania, 64,138; Heading, 94,-
500; Rock Island, 12,450; St. Paul, 18,-
600; Southern Pacific, 18,300; Southern
Railway, 8,700; do preferred, 330; Un
ion Pacific, 46,150; Wabash preferred,
11,600; American Refining Sugar, 6,600; •
Brooklyn, 8,130; Tenfiessee Coal, 1,900;
IJnitel States Steel, 32,650; do preferred,
17.460.
Sw York Stork Bona Lilt
pailroad Stocks.
Aichlton 68%
Aici uon preferred 95
Balt’ircrc and Ohio 86%
Baltin ore and Ohio preferred 93
t.nnudlan Pacific 12%
Cnitral of New Jersey ICS
Choap'Hke and Ohio i?%
Chicago and Alton 28%
Chicago and Alton preferred 67
Chicago and Oreut Western ...... 18%
do do preferred B 33%
Chicago and Northwestern 171%
Chicago Terminal and Trana. ~, 14%
do do preferred 23%
c„ C.. C. and Ht. Loula 84%
Colorado Southern 18
do do Ist preferred 56%
do do 2d preferred 2*%
Delaware and Hudson 175
Delaware, Lackawanna and West.24s
Denver and Rio Grande 28%
Denver and Rio Grande preferred. *B%
Erie $3%
Erie Jet preferred 66%
Erie 2d preferred 57%
Hocking Valley *4%
Ho< king Valley preferred 94%
Illinois Central 114%
I lowa (VntMfi , 2$
Lews '>nlra| preferred 41
I> kaUMU City Southern 25%
H <i:io City ttoulbern ptefeiied , 44%
LuWlgvlU* and Nasbviiie orooiniM*
Atlantic Coast Line Railroad Cos.
9
EFFECTIVE MAT 24. 1903.
Trains Operated by 90th Meridian Tl me—One Hour Slower Than City Tima.
52: •32 *44 I *4O 520 NoUTII A- Sul Til [ jIV, | I 121
7 lOp 12 50pl 5 35a 1 S6a[ 7 18tt[Xjv ..Savannah.. Arlll 36a| 3 00a[ 8 30a 6 30p|ll lOp
12 36a 4 50p 10 40a 6 26a|12 30p Ar .Charleston.. Lv{ 8 OOnlll 36p 6 25a 3 lap 7 45p
ll 20p 1 40p |Ar .Wilmington. Lvj 3 45p|
3 43a 7 45p Ar ..Richmond.. Lv! 8 30aj 7 25p
• 7 30a 11 45p Ar .Washington Lvj 4 10a; 345 p
9 10a 1 23a ......|Ar ..Baltimore.. Lvj I 2 S7a| 2 14p
ll 25u 4 05a ;A> Philadelphia Lvj |l2 10a|12 n'n
1 43p 7 16a |Ar ..New York.. Lv| | 9 25p| 9 30a
67 21 39 | SOUTH. \ 68 |32J 22 | 40
6 a 3 20p| 8 40a 3 30a|Lv Savannah Arl 9 45ai12 40p 9 30pi 115a
j 8 30pi 9 10a(Ar .Brunswick Lv | 7 30a 330 p
9 60p| 6 20p 11 30a 6 20a Ar Waycross Lv 6 30a 10 05a 6 35p10 15p
105a 320 p 11 00a Ar Thomasville Lv' 3 25a! 6 30a 2 30pi 2 30p
SOoaj 6 20p Ar Montgomery I.v 7 45p 7 00a 7 00a
lll OOp 11 30a Ar Albany ’ Lv'll 30p 2 OOp
220a! j 4 36p 12 A4p Ar Balnbrtdge Lv' 1 50a 5 15a 1 OOp 1 OOp
9 OOpj 1 15p 9 OOa Ar Jacksonville I.v 8 10a 330 p 8 03p
ll 30p| 335 p 11 30a Ar Palatka I.v 5 00a 305 p
3 10a ; 6 05p Ar Sanford l,v 113a 12 20p
6 40a! 9 15p Ar Lakeland Lv 9 55p 8 40a
S 10a|10 35p Ar Tampa Lv 8 05p 7 30a
8 45aiU05pl Ar Port Tampa Lv 7 30p 7 00a
I |lO OOp Ar St. Petersburg Lv 8 45a
I 1 50n| jAr PuntaOorda Lv|. 405 p
NORTH, WEST AN [I SOUTHWKBT.
67 j-_ Via J.sup, |5B j __23 5, Via M tg’ry |5B |23
8 45pjLv Savan'h Arl 9 45a 2 30a 6 45p l.v Sav.ui'h Arl 9 45al 9 30p
8 SOplAr. Jesup. Lvj 7 50a 6 20p 8 05a Ar M’tg'ry Lv| 7 45p| 7 OOa
- * 00a lAr Macon Lv 1 OOa 3 20a 7 06p Ar N’vllle Lr 9 OOa 2 21
5 20a Ar Atlanta Lv 10 45p 8 20p 2 30a Ar L'vllle Lv S OOa 9 12p
9 45a Ar Chat'ga Lv 6 05p 7 SOp 7 20a Ar Cin’n’tl Lv 11 15p 6 45p
7 30pjAr L'svllle Lv 7 46a 7 50p 7 29u Ar S. L’uls Lv 2 55p 8 23p
- 7 30pAr Cln'n’ti Lv 8 30a L. and N.
1 04a Ar St. Lo’s Lv 9 15p 7 32a Ar 8. Lo'ls Lv S 23p -
7 23a Ar Chic’go Lv 9 OOp M. and O.
5 20a Lv Atlanta Ar 10 45p 9 15p 9 15a Ar Chic'go Lv 7 OOp 7 OOp
* 05p Ar Me’phls Lv 8 15a 2 55a 4 15p Ar Mobile Lv 12 30p 12 3Op
> <6a Ar K. City Lv 6 30p 7 25a 8 25p Ar N Orl's Lv 8 OOp 8 OOp
•Dally. SSunday only. tDally except Sunday.
Trains Into and out of Charleston are operated by Eastern time.
Through Pullman Sleeping Car Ser vice to North. East and West and t
Florida.
Dining cars on trains 32 and 35 between Savannah and New York.
Train 32 connects at Washington with Coloninl Express for Boston and
New England points, also with Northern Central train for Pennsylvania and
Western New York points.
Connections made at Port Tampa with tl. 8. mall steamship of the Penin
sular and Occidental Steamship Line, 1 eavlng Port Tampa Sundays, Tues
days and Thursdays at 11:30 p. m. t
H. M. EMER9ON, Traffic Manage r, Wilmington, N. C.
J- CRAIG, Gen’l Pass. Agent, Wilmington, N. C.
W. H. LEAHY. Division Pass. Agent, Savannah. Ga.
J. H. D. SHELLMAN, Trav. Pass. Agent, De Soto Hotel. "Phones 76. 7*
R. C. BLATTNER, Union Ticket A gent. Bell 'phone 235. Georgia 91L
I. C. SAPP, Ticket Agent. De Soto Hotel. ’Phones 73.
S EABOARD
AIR LINE RAILWAY.
Schedule Effective June 28, 1903—90th Meridian Time—One hour slower than
City Time, south of Columbia; Eastern Time north of Columbia,
READ DOWN! 1~ ; read UP. '“7^l
N0.27 I No.Bl N>'2 2, North AND SOUTH. |No2-84| N0.84 j N0.6
12 10am112 55pm| Lv NEW YORK,. ArL 4 15pm and 13am
7 20am| 3 29pmj Lv ..Philadelphia Ar| 1 3Cprn 2 56am
9 34am; 5 15pm! Lv Haiti more Ar 12 25ntn 11 25pm
10 46am| 7 00pm| Lv Washington Ar 10 10am 8 38pm
2 15pm 10 35pmI Lv Richmond Ar ....... 6 35am 4 55pm
9 25am, 9 05pm[ Lv Portsmouth. Ar 8 00am & 35pm
7 30pm; 3 55am| Lv Rale Igh Ar 1 25am 11 50am
330 pm! I LV Wilmington Ar 12 45pm
!2 52ami 9 54am| Lv Camden. Ar| 7 36pm 6 30am
12 56Hm!10 00ain! 6 OOujLv Columbia Aril 30p 5 30pm 4 25am
5 lOainj 2 25pm|10 20ajLv SAVANNAH l,vi 7 OOp 1 15pm 12 10am
8 02am 5 15pm [Ar Darien I,v 10 05am
7 65am 6 30pm ]Ar Brunswick Lv 10 05am 9 00pm
10 05am 6 45pm |Ar Fernandina l.v 6 50am 7 50pm
9 15am tfßOpm Ar JACKSONVILLE L ; 8 45am 7 60ptn
1 58pm 1 60uni Ar 0ca1a..... Lv, 2 35am 12 41pm
6 00pm 6 45am Ar Tampa Lvl ' 9 00pm 8 50am
1122 am Ar Lake City Lv) ] 5 36pm
315 pm Ar Tallahassee Lvj , 163 pm
N0.73 No 71 N0.87 Noitt No 93 WEST * No.WNo,.- ■ M 0.74
430 p 7 00a 1 OOp i 50p 6 iop Lv .94 VANNAII. Ar 9 15a 8 25ifc 8 30p 10 00a
7 16p| 9 48a| 9 18p|Ar Lyons ..... ~_Ly; ..... ....... 6 Olp 7 oia
jli 33a [Ar Dublin Lv 4 24p|
8 46p11l 20a 1 10 45plAr ..Helena Lv 4 20pnf00a
8 00nj 4 20p 1 12 S.Ra'Ar ..Fitzgerald .... 'Lv 9 45a 4 00a
6 51n 1 25p 1 Ar ..Cordele Lv 2 05p 5 56p
7 58al 303 pi | Ar ..Albany Lv 12 05p 7 OOp
7 37m! 312 pl ! Ar Amerlcus Lvi 12 35p 4 FiOp
10 25a| 5 15p | Ar .Columbus Lv| 10 15a 2 15p
7 5Rp ! Ar .MOWTOOWBRY Lv| | 8 00a
NOTE—Trains Nos. 2d-27, 2d-34, 89, 0 and 93 will be operated on SUN
DAYS ONLY. No. 74 on Sundays will start from Fitzgerald instead of Hel
ena. Trains Nos. 73. 87 and 88 dally except Sunday.
Nos. 31 and 31 SEABOARD EXPRESS, solid vestibuled train. Through
Pullman sleeping cars to New York. Cafe dining cars.
Nos. 27 and 68, SEABOARD MAIL, through vestibuled trains. Pullman
buffet sleeping cars to and from New York.
Nos. 71 and 72, WESTERN EXPRESS, close eonnectlon at Montgomery
for Mobile, New Orleans and Southwestern points. Through cars between
Savannah and Macon. ,
Full Information at City Ticket Office, No. 7 Bull St. Telephone No. 28.
OCEAN STEAMSHIP GO. Of SAVANNAH
For New York, Boston and the East.
Unsurpassed cabin accommodations . All the comforts of a modem hotel.
Electric lights. Unexcelled table. Ticket a 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; Firet Cabin, round trip, $36; Intermediate
Cabin sl7; Intermediate Cabin, round trip, S2B; Steerage, $11.76.
The Steamships of thla line are appointed to salt from Savannah, Central
(90th meridian) time:
FOR NEW YORK:
CITY OF SAVANNAH, Capt. Daggett, CITY OF BIRMINGHAM. Capt. Dry-
WEDNESDAY, July 1, 10 a. m. er. FRIDAY, July 10, 5 p. m.
TALLAHASSEE, Capt. Johnson, FRI- CITY OF SAVANNAH, Capt. Daggett.
DAY July 3, 12 noon. MONDAY, July 13, 8 a. m.
CITY OF AUGUSTA, Capt. Burg, TALLAHASRE, Capt. Johnson, WED
-BATURDAY, July 4, 1 p. m. NESDAY, July 15, 8 a. m.
CITY OF MEMPHIS, Capt. Savage, CITY OF AUOUBTA, Capt. Burg, FRI
MONDAY, July 6, 2:30 p. in. DAY, July 17, 10 a. m.
CITY OF MACON, Capt. Fisher, CITY OF MEMPHIS. Capt. Savage,
WEDNESDAY, July 8, 4 p. m. SATURDAY, July 18, 11 a. m.
•Steamships City of Memphis, City of Macom Tallahassee and Cbattanoo
chee carry first cabin passengers only.
tCtty of Savannah will not carry Intermediate passenger*.
Sailings from New York for Savannah at 8 p. m. on June 25, 26, 27, SO;
July 2,4, 7, 9. 10, 11, 14, 16, 18, 21, 23, 24, 25, 28, 30.
The Chattahoochee, Capt. Lewis, leaves New York for Boston Saturdays
at 4 p- m., excepting first sailing for July, which will be on Friday.
Leaves Boston for New York Wednesdays at 3 p. m.
This company reserves the right to change its sailings without notice aim
without liability or accountability therefor.
L. M. ERSKINE. L. R. VAN DIVIEJRE, W. O. BREWER,
Agt O S. S. Cos., wharves. Com. Art. 17 East Bay. C. T. AP. A., 107 Bun.
UVA.tXAH, UA.
W H. PLEASANTB, * C. B. WALWORTH. ‘
Vice President A Gen’l. Mgr, Gen. Pass. Agt.
Pier 36 North River. New York
Manhattan 1*7%
Metropolitan Street Railway 123%
Minneapolis and Bt. Louis 80
Missouri Pacific
Missouri, Kansas and Texas 22
do do preferred 49%
National R. R. of Mexico 20%
do do preferred <2%
New York Central 127%
Norfolk and Western 65%
Norfolk and Western preferred ... 89
Ontario and Western 2#
Pennsylvania ..125%
Pittsburg, C. C. and Bt. Louis.... 70
i(euding 61%
Reading Ist preferred 83%
Reading 2d preferred 68%
Hock Island Company 24%
Hock Island Company preferred .. 72%
fit. Louis and Kan Franclgco .... 71%
do do Ist preferred 78
do do 2d preferred *2% ]
fit. Louis Houthweslern 17% [
fit, Loula fiouthwest.-rn preferred. 29
fit. Paul ..........161%
Ht, Paul preferred ................176
Meuthern Pacific M%
fiouthern Railway 2*%
fiouthern Hallway preferred 88
Texas and I'a. IIP 2*%
Toledo, fit Louis and Western .. .. 44
do do pi.fened .................. 12%
I'nton Pacific ................... 5*
1 t won Pacific preferred .......... H%
, VV.baah .. *4%
[ Wabash piafelied 21%
Wheeling and Bake Erie 21*
Wisconsin Central 42
Express Stocks.
Adams Express 221
American 188
United States 105
Wells Fargo .....105
Miscellaneous.
Amalgamated Copper 54
American Car and Foundry 38*
do do preferred 89
American Linseed Oil 11
American Linseed OH preferred .... 34
American Locomotive 23*
American Locoinollve preferred .. SO*
American Smelting and Refining... 45*
<lo do preferred 92 *
American Sugar Refining 122*
Anaconda Mining Company 89%
Brooklyn Rapid Transit 57
Colorado Fuel and Iron 45%
Columbus and tlock. Coal 17
Consolidated Gag ....192
General Electric 11l
International Paper 74%
International l*aper preferred .... 57%
International Pump ............... M
Iniemallonat Pump preferred .... 71
N’nlprnal Blsoilt 87%
National Lead 14*
Forth American ........ Cl
i Par 46c Mali .................. 17%
| People # <ia Mill#*
jl' 7 Cjtf rtf... M ••) •
""’""’Contll.ued on Klghlii P *##'""
9