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TRADE AND FINANCE
t OTTOS MARKETS CLOSE IRREOC.
LAS WITH TEXOESCY UPWARD.
SPOT COTTON NEGLECTED.
1 1 HTEXTIAE FIRM AMT IX GOOD
DEMAND AT 47 l-4c.
The Demand Came from Both Local
and Foreign Exporters.' and Was
Sufficient to Abaorb the Offerings.
Seenrtties Gnoted Loner on Pay
ment of Dividends—Local and Tel
egraphic Markets.
The Morning News Office,
Thursday, July 2.
The cotton markets ruled firm and
fairly active most of the day, with the
general tendency upward. In the
spot centers little was doing, which has
been the order for some time past. Re
ports came during the day of damage
from this and that new bug. and re
ports also of pests had something to do
in imparting strength here and there
to prices.
The turpentine market closed firm at
4T l *c, with the demand good,.and the
offerings taken. The inquiry was for
both foreign and domestic account. The
rosin market closed firm and higher,
with the demand good. In both mar
kets the feeling was one of satisfac
tion with the demand and prospects.
Securities on the Cotton Exchange
are being marked lower since the pay
ment of the regular semi-annual divi
dends. Details of the different markets
as follows:
COTTON.
Spot cotton closed firm and un
changed, with no receipts. The de
mand was moderate, and the position
of exporters one of Indifference, so far
as market operations are concerned.
Very little spot demand exists. In the
f. o. b. market trading was light.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
i This Last
I day. year.
Good middling |12% 9%
Middling ;1264 8%
Low middling 12 864
Good ordinary 11164 |8
Market firm: sales, none.
Receipts, Exports and Stocks—
Receipts this day 26
Last year none
Year before last none
Receipts since Sept. 1, 1962 1.296.377
Receipts same time last year.. 1,127,728
Stock to-day 8,192
Stock last year 15,680
Receipts at All Ports—
Receipts ports to-day 2.867
Same day last year 659
Year before last 4.909
Receipts this week 17.453
Last year 10,360
Year before last 45,610
Receipts since Sept. 1
Last year ...7,481,9*6
Stock at all ports 249,587
Stock last year 320,02f0
Daily Cotton Market-
Gal veston—Firm; middling. 124 e;
net receipts, 9; gross, 9; stock, 2,036:
Exports—Great Britain, 537; coastwise,
314. ij.
Norfolk—Steady; middling, 18c; nit
receipts, 202; gross, 202; sales, 12; stock;
482. Exports—Cfreat Britain, 325;
coastwise, 1.
Baltimore —Nominal; middling, 1364 c;
net receipts, 1,401; gross, 1,401; stock,
533. Exports—Coastwise, 1,500.
Boston—Quiet; middling. 13c; net re
ceipts, 31: gross, 116. Exports—Great
•Britain, 18.
Wilmington—Nominal: stock, 351.
Philadelphia Steady; middling,
13.25 c; stock, 873.
Savannah—Firm; middling, _l2 Vic;
net receipts, 26; gross, 26; stock, 8,-
192.
New Orleans—Quiet and steady;
middling, 13*4c; net receipts, 1,192;
gross, 1,192: sales, 325; stock, 71.040.
Mobile—Nominal; stock, 1,582.
‘Memphis—Quiet; middling, 13 5-16 c;
net receipts, 49; gross, 97; sales, 100;
stock, 3,389.
‘Augusta—lrregular; middling, 13c;
net receipts, 15; gross, 15; sales, 6;
stock, 1,911.
Charleston —Nominal; net receipts,
6. gross. 6; stock,” 65.
•Cincinnati—Steady; middling, 11c;
net receipts, 115; gross, 115; stock, 9,-
013.
‘Louisville—Firm; middling, 1364 c.
*St. Louis —Steady; middling, 1314 c;
net receipts, 43; gross, 618; stock, 3,-
502.
•Houston —Steady; middling, 1264 c;
net receipts, 42;, gross, 42; sales, 11;
stock, 3,730.
New York—Quiet; middling, 13.60 c;
gross receipts. 1,325; sales, 2,028; stock,
184.267. Exports—France, 323.
Total To-day at All Seaports—Net
receipts, 2,867; Great Britain, 880;
France, 323: stock, 249.587.
Consolidated, at All Seaports—Net
receipts, 17,453; Great Britain, 4,122;
France, 6.966; continent, 10.998.
Total Since Sept. 1. at All Seaports—
Net receipts, 7,662,287; Great Britain,
2.751,017; France, 763,224; continent, 2,-
788.950; Japan, 185,106. -
•Not included In totals.
SEA ISLAND COTTON.
The sea Island cotton market closed
quiet the past week, with little doing
in any quarter. The demand was good,
hut there Is a disposition to ask full
prices in view of the statistical,position
of the article, and the poor prospects
for a full crop. There 1* In sight 102,-
' '1 bales.
Prices about as follows: ~
Fancy Floridas 21 @23
1-xtra choice Floridas 1564@19
Choice Floridas 16 @l7
Fancy Georgias ..20 @ —
F.xtra choice Georgias 17 @1764
Choice 15V4@16
Fxtra fine Georgias 1414
Fine - 13
Medium fine ,12
Commons .10 @ll
Week Ending June 19—
Receipts (gross) 67' 270
Receipts (net) .. 67i 270
Sales 1 6.245 470
Kxports .. 167 284
Slock 7,208 7,745
Receipts since Sept. 1|
(gross) .....74,747 54,146
Receipts since Sept. II
(net) 72,549 54.133
COTTON FUTURES.
New York, July 2.—The cotton mar
ket opend steady at an advance of 3
Point* to a decline of 3 points and fol
lowing: the call showed continued irreg
ularity for the time with the old crop
Position* showing further weakness
Under the lower cables and realizing,
"'hlle the new crop months were work
s'! upward 7 to S print* - above
the opening under fears of a
very bullish bureau report
to-morrow and covering. Later,
however, .the entire list turned easier
Under liquidation that wa more or less
B"naral and which if the bull contin
ent did not participate in they at
least did not attempt to discourage.
The selling movement was encouraged
hy the excellent weather shown on the
morning map and receipts which again
fair to turn out slightly better than
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 tr principal cities throughout
the South. Write for our market man
ual ana book containing Instruction
tor traders.
expected. August sold down 24 points
from the best price of the morning,
reaching 12.60 c, while the months from
September on showed losses of from 9
to 13 points. Then the list was rallied
a renewal of bull support and by
the appearance of heavy rains in Tex
as, accompanied by reports of trouble
as a result of boll weevil and other in
sects. though a dispatch from Texas,
circulated this morning, stated that a
species of bug had made its appearance
that without harming cotton, was a
deaily enemy to the boll weevil. This
report received little attention, how
ever, and all through the afternoon the
market ruled steadier though somewhat
irregular, prices recovering some 7 to
14 points of their midday losses.
The close was quiet and steady, net
10 points lower to 8 points higher.
Through the entire session July was
idle and closed at 12.76 c, a loss of 10
points; August closed net 9 points
lower; September 1 point lower and
the later options from 6 to 8 points
higher. Most of the trading to-day was
undertaken in order if possible to ad-/
just speculative accounts to the various
expectations in regard to the govern
ment report to be issued to-morrow,
with estimates of the probable condi
tion running from 74 to 80 per cent.
Total sales futures were estimated at
200,000 bales.
Cotton futures at New York, July 2.
__Options. | Open. High.) Low.) Close.
July v.[t i 12.78 | 12.66 I 12.76
August ....:| 12.84 .. 12.84 12.60 12.73
September .! 11.65 11.73 | 11.60 11.67
October 10.35 10.43 10.32 ; 10.40
November 10.06 9.98 1 10.04
December ..I 9.97 10.69 9.95 i 10.02
January ...; 9.91 10.00 : 9.91 9.93
Feb. ofd .. 9.90 9.93
March | | | 9.95
Cotton futures opened steady and
closed quiet and steady.
NEW ORLEANS COTTON MARKET.
New Orleans. July 2.—The spot cot
ton market show’s no material change.
There is no cotton for sale here except
to consumers. Quotations unchanged.
Futures at the opening were quiet
and steady. The bearish influences
were heavier declines in Liverpool than
expected and a more favorable weather
map. In spite of these bearish influ
ences those on the inside gave their
following the advice that it was time
to buy. The wisdom of this advice was
seen when a large interest composed
of scalpers and room traders who were
short became afraid of the bureau re
port and hastily covered. This sent the
market up for moderately substantial
gains on the winter months, which at
the close showed net gains of 6@7
points from October to- January, in
clusive. The earlier months were
steady at about last evening's figures.
New Orleans. July 2.—Cotton futures
sjeady. July, 13.77 c; August, 13.78 c bid;
September, 1t.92@11.93c; October, 10.31©
10.35 c; November, 9.96@9.98c: Decem
ber, 9.92@9.93c: January, 9.90 c bid.
LIVERPOOL COTTON MARKET.
Liverpool, July 2, 4 p. m.—Cotton:
Spot, moderate business done; prices,
.10 (joints lower; . American middling,
fair, 6 96d: good middling, 6.80d; mid
dling, 6.64d; low middling, 6.38d; good
ordinary, 6.08d; ordinary, o.SSd. The
sales of the day were 6.000 bales, of
which 600 were fqr speculation and ex
port and included 5.800 -American. Re
ceipts, 1,300. bales, no American.
Futures opened easy and closed
steady; American middling, good ordi
nary clause; July, 6.47d; July-August,
6.47d; .August-September, 6.43d; Sep
tember-October, 6.01d; October-Novem
ber, 5.56d; November-December, 5.42d;
December-January, 5.35@5.36d; Janu
ary-February' 5.14d; February-March,
5.33d; March-April, 5.33d.
H, A R. Co's Cotton Letter.
New York, July 2. —Our market
opened with sales of August at 12.84 b
and after selling at 12.81@12.82c rules
at 12.76 cat 1 p. m. Our market has
shown remarkable strength in face of
the adverse advices from Liverpool,
where it Is reported the Egyptian spec
ulators are selling out near and buy
ing distant positions. Here August
was partiet'.larly weak on foreign ar
bitrage selling reversing straddles on
small differences. It is understood that
a large shipment from Eastern mills
has been made for July delivery. The
local temper is very bearish, especial
ly on the distant delivery on which
there must be a large short interest
to absorb so large a line of short cot
ton as was sold yesterday and advance.
September has been offered freely on
reports of blooms in some sections of
North Carolina and Georgia. No con
firmation could be obtained of the ap
pearance of a bug In Texas which
would destroy the Mexican weevil. New
Orleans dispatches reported the pres
ence of the weevil in Williamson coun
ty, Texas. Most of the buying orders
on the new' crop have come from the
southwest. Atlantic crop reports are
slightly better. Estimates of the bu
reau report to-morrow- rang-* from 75
to 79. The spot market was quiet, un
changed.
Baxter and Co.’s Cotton Letter,
New York. July 2.—The weather to
day was quite seasonable. Tempera
tures were higher and there was an ab
sence of rainfall of Importance except
on the Texas and Gulf coast. Showers
were forecasted for a good many dis
tricts. ' Crop accounts were coming in
denoting a much better condition. The
most important fact was news of boll
weevil not doing damage reported.
However, It is contended that the
months of July and August wlil settle
just what a factor these will prove.
Meanwhile the trade is nervous and
sentiment mixed. There is a disincli
nation to operate in advance of the
bureau figures to-morrow and expecta
tion is that condition will be but slight
ly off from the Journal of Commerce.
Sentiment continues bullish on the
prospect of exhausted supplies and un
certainties as to the extent of the
movement of the new cotton. The
market opened unchanged to 5 lower
for the old crop and 1 to 3 higher for
the new. Trading was on a small
scale. August weakened 24 points early
in the day and then rallied. The new
crop moved up 8 to 10 points during the
morning. Sellers withdrew toward
noon. Alabama crop accounts were
FINANCIAL.
JOHN W. DICKEY,
Stack mi lintf Brikir.
AUGUST*. AA.
WritofcrlM.
HARRIS. GATES & CO.
MEMBERS.
NEW YORK 6TOCK EXCHANGE.
NEW TOP.K COTTON EXCHANGE.
NEW YORK PRODUCE EXCHANGE
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
NEW YORK COFFEE EXCHANGE.
COTTON DEPART! I ENT 10 Wall St.,
New York. ■ _ „
Orders solicited ft>r Future Deliveries.
SAVANNAH MORNING NEWS: FRIDAY. JULY 3, 1903.
Savannah Bank -
and Trust Go.
Capital, $350,000.
JOSEPH D. WEED. President.
JOHN C. HOWLAND. Alee President.
**• F. MeCAULEY, Cashier.
SAML. L. CLAY, Assistant Cnshler.
A general hanking and exchange
business transacted.
Savings Department, interest
computed quarterly.
Account! of merchant!, banks
nud corporation* aolicited.
American xpresi Company'* let
te,B °* credit Issued available in all
parts of iht world.
Collections carefully made and
promptly accounted for.
Safety Deposit Boxes and Storage
Vaults tor rent.
Correspondence invited*
hopeful. Cables were 4 to 10 lower. A
leading firm published reports indicat
ing 78 general condition.
DRY GOODS.
New York, July 2. —The dry goods
market is practically at a standstill,
and is likely to be In this same condi
tion until after the Fourth. Buyers
will operate in a very conservative
manner, as long as prices continue cn
their present high level. Buyers are
paying practically as high prices as
are quoted, but no speculation will be
indulged in under present conditions.
THE RICE MARKET.
There is a good inquiry for this ce
real, transactions for the week being
slightly in excess of previous record.
Prices are well sustained as the most
careful scrutiny on part of buyers,
fails to reveal any weak spots. The
present course of the market confirms
past predictions of a higher range of
values, for if anv depression existed,
trade like everything else, would follow
the line of least resis*<uice.
Advices from the South note con
tinued strength on the Atlantic coast,
with ready buyers for what little is
offering. At New Orleans, market is
very strong, quiet compared with the
brisk turning over of goods when mar
ket ’is at its flood, but compared with
present offerings and supply, the de
mand shows no diminution. In the
interior, southwest, Louisiana and
Texas offerings are scarce and held at
full figures. New crop prospects are
favorable although the season is back
ward.
Cables and correspondence from
abroad note continuance of demand;
styles suitable for the United States
are firmlv held.
Talmage, New Orleans, telegraphs
Louisiana crop movement to date: Re
ceipts. rough, 1,521.750 sacks: last year.
1,458,687 sacks. Sales, cleaned (est), 1,-
449.067 pockets; last year, 1.260,284
pockets. Market strong; good enquiry:
offerings light.
Talmage, Charleston. telegraphs
Carolina crop movement to date: Re
ceipts, 63,395 barrels. Sales, 63,090 bar
rels. Market steady; good distributive
demand.
NAVAL STORES.
Thursday. July 2.
SPIRITS—The turpentine, market did
not show any weakening tendencies
to-day. The opening was firm at 4T’4c,
sales, 448 casks, and the closing firm
and unchanged; sales, 33 casks. The
demand was from both the foreign and
domestic element, with the inquiry
very-' satisfactory from home buyers.
Since the partial settlement of the car
penters' strike in the East and the ac
companying prospects of more active
operations in the building, domestic
buyers of spirits have shown a more
decided disposition to enter the mar
ket. To-day's receipts were 860 casks,
and the exports 139 casks.
ROSINS —The rosin market opened
firm and unchanged, sales 77 barrels,
and closed 5c up on G and below, sales
1.002 barrels. Some better demand is
being shown for mediums. Which are
now in very fair request. Pales are,
of course, in good demand. The receipts
were 1,588 barrels, and the closing 3,-
847 barrels. Prices as follows:
1 !Yester-i Last
SPIRITS— ]To-day] day. | Year.
Spirits 4764) 47% 44%
Sales 431 | 951 1,686
Rosins, firm.
W. _ W ...“7.... 3.30 LfkT
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 2.25 1.70
G 1.80 ! 1.75 1.40
F 1.75 I 1.70 1.35
E 1.70 1.65 1.25
D 1-65 ] 1.60 1.25
A, B, C 1.60 | 1.55 1.25
Sales | 1,079 | 1,682 2,050
Naval Stores Statement-
Spirits. Rosin.
1903-04
Stock April 1. 1903 1.241 145,852
Receipts to-day 860 1.588
Receipts previously .......66,503 132,756
Total to date 68,604 280,226
KxporU to date 139 3,847
Exports pre\;cus!y 60,385 205,734
Total to date 60.5*4 209,581
Stock to date 8,080 70,645
Same day last year 17,767 87,935
New York, July 2.—Rosin firm;
strained, common to good, *2.05®
2.0764. Turpentine steady, 4964@50c.
Charleston, July 2. Turpentine
steady. 4664 c.
Rosin steady. Quote: A. B. C., *1.45;
D., *1.50: E„ *1.55; F.. *1.60; G„ *1.65;
H., *2.20; 1., *2.55: K.. *2.70; M„ *2.80;
N.. *2.90: W. G.. *3.00; W. W„ *3.20.
Wilmington, N. C„ July 2.—Spirits
turpentine steady, 4664 c; receipts 83
casks.
Rosin, nothing doing; receipts 412.
Crude turpentine. *1.75, *3.00 and *3.25;
receipts 163.
Tar firm, *1.65; receipts 49.
FI3iA4ICrAIi.
FOREIGN EXCHANGE Market
weak. Commercial demand, sterling,
*4.8664; sixty days. *4.8364; ninety days
*4.82. French, 5.1964; Swiss, sixty days,
6.21; Belgian. 6.21; marks, sixty days,
9464: ninety days, 94 3-16.
DOMESTIC Y. EXCHANGE—
Buy at 50c per *I,OOO discount.
Sell: Up to *26.00. 10c; *25 to *SO. 15c;
*6O to *IOO. 20c; *IOO to *2OO, 36c; *2OO
to 8300, 30c: 1300 to 3400. 35c; 3400 to
J.'OO, 40c; 3500 to *6OO. 46c. Over *6OO at
the rate of 75c per *I,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.
Bask Stocks.
Bid. Asked.
Citizens Bank ......t 158 160
Chatham Bank 82 83
Commercial Bank ..; .101 10*
Chatham R. E and L C 0.... 5364 54 64
Germania Bank 150 155
Merchants National bank ..114*4 11564
The National Bank of 95v...,165
Oglethorpe Saving and Trust.ll7 . ex and.
People's Saving and Loan ..10364 10464
Savannah Bank and Trust ~138 ex and.
Savannah Trust J ~110 ill
Southern 178 ex and.
Rsllroada mad Industrials.
Bid. Asked
Augusta and Savannah 119 120 '
Atlanta and West Point ....15* 160
KGEORGIA,
wy rn /
Schedule Effective June 28, 1903.
Trains arrive and depart from Cen*
tral Station, West Broad, foot of
Liberty street, except for Tybee.
96th Meridian Time—One hour slower
than city time.
Leave Arrive
• Savannah: _ _ Savannah:
Augusta. Macon, At-1
lanta. Covington. Mll
*B 45 am;ledgeville. Amerious, *6 10 pm
See Albany, and inter- See
Note"A" mediate points. ]Note"A"
46 45 am I Statesboro. 46 10 pm
45 am Statesboro, Stiilmoret6 10 pm
J and. Brewjon. |
Augusta. Macon, |
Atlanta, Athens,
Montgomery,
9 00pm Columbus, Birmlng- * 7 00am
hem. Americus.
Albany. Eufaula,
and Troy. .
♦ ao Dover
T 6 00pm and -Statesboro t 7 48am
Accommodation.
.... Dover, Statesboro,
f 4 10pm StlUmore and 110 40am
I Dublin. _
♦* aa / Guyton 1
t oopml Accommodation. 6 00am
J Seashore Special,
Macon, Eatonton.Mll
, i ledgevllle. Augusta,
I 6 30pm,Dublin, and inter-illO 25am
j mediate points. ]
I Sunday Only. ]
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.
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,
2:30 pm, 4.15 pm, 6:00 pm, 7:40 pm.
LEAVE TYBEE.
Week Days—s:oo am, 7:00 am, 9:55 a
m, 5.00 pm, 6:50 pan, 9:20 pm.
Sundays—s:oo am. 8:15 am, 9:55 am.
11:50 am, 5 CO pm. 6:50 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. m. and arriving Savannah 6:10 p. in.
do not make conniption for or from
Augusta on Sunday^
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. WINBUEN, Vice President
and Traffic Manager.
THEO. D. KLINE. General Supt.
,. k r. Savannah, Ga.
Savannah and Statesboro R’y
Through Passenger Trains
Savannah to Statesboro
—via—
Seaboard and S. & S. R’y.
Lv. Savannah daily ex. 5un...4 00pm
Ar. Statesboro “ “ “ 6 15pm
Lv. Statesboro •' “ “ 6 10am
Ar. Savannah “ “ 8 25am
Lv. Statesboro, Sunday 0n1y,....7 00am
Ar. Savannah, Sunday only 9 15am
Lv. Savannah, Sunday only .....6 50pm
Ar. Statesboro, Sunday only 9 00pm
Train leaving Statesboro 6:10 a. m.
daily except Sunday connects with S.
A. L. Train 71 going west.
Another train connecting at Cuyler,
leaves Savannah 7:00 a. m.. arrive
Statesboro, 10 a. m. Leave Statesboro
4 p. m.. arrive Savannah 8:30 p. m.
—Shortest and Quickest Route. —
do 6 per cent, certif 108 110
Central Ice 110 112
Chat, and Gulf stocks 116
Gegrge Telephone and Tele
graph 85 90
Georgia Brewery 9264 100
Macon' Ry. and L. pref 80 82
do common - 28 30
Georgia Railroad, c0mm0n..255 258
Propeller Towboat 106 10564
G., S. and F., Ist pfd 99 100
do do 2nd preferred 78 *1
Planters’ Rice Mill 100 105
Savannah Rice Mill 115
Savannah Elec, preferred ..88 90
Savannah Elec., common 20 221*
Savannah Hotel Company ..70 75
Southwestern, Ex and 11664 117
Southern Railway pref 88 89
do. do oqmmor, .............. 2464 25
Savannah Brewing .’...105 110
Savannah Cotton Exchange. 65 65
Bouda.
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 10764
Atlanta 4s. 1922 106 10*
Augusta City 4s, 1931 106 107
do 4645. 1925 112 114
do 6s, 1913 11* 12*
Ala. Mid. ss. ind'd. 1928, M.
and N ...: 105 10564
Augusta Factory * per cent,
1915 110 112
Brunswick and W. 4s. 193*.. 99 100
era! 5s ....107 IOC
C. of Ga. Ist mortgage os,
1946. F. and A. 120 121
C. of Ga. con. ss. 1945, M.
and N. .'.105 10564
C. of Ga., Ist incomes 74 75
do 2d incomes .! 3264 33
do 3d Incomes 2364 25
C. of Ga. (M. G. and A. Dlv.)
5s 110 ...
Columbus Power Cos. 6s ....100 101
G. S. and F- 5s .11564 11*
Georgia State 345, 1930 108 110
do 3645, 1915, M. and N...105 106
do 46*8. 1915 115 11564
Macon Ry. and L. bonds 94
Jacksonville Electric 55...... .. 98
Ocean Steamship ss, 1920 —llO
Savannah city ss, 1909 106 10664
Savannah city ss. 1913 110 111
Savannah Electric Cos. 5s ... 95 96
Seaboard 4s 83 84
Scuth Bound 5s ..............109 110
MONEY MARK FT.
New York. July 2.—Money on call
firm at 3*4@6 per cent., closing at 464@
5 per cent. Time money easier; sixty
days, 4 per cent.; ninety days, 4 per
cent.; six months, 5 per cent.; prime
mercantile paper, 564@5*4 per cent.
Sterling exchange, firm, with actual
business In bankers' bills at *4.87.30©
4.87.35 for demand, and at *4.85.10®
4.85.15 for sixty days bills; posted rates,
14.85*4 and *4.f**4; commercial bills,
*4.84844.85*4 Bar silver, 5264 c; Mexi
can dollars, 41c.
STOCKSAND BONDS.
New York, July 4.—Another specula
tive anticipation was disappointed fcy
Southern
""ol> Railway.
Trains arrive and depart Savannah
by 90th meridian time—one hour slow
er than city time.
Schedule effective June 21, 1903.
TO THEr NORTfI AND EAST
l Daily; Dally
[No. 34 No. 30
Lv Savannah (Cent. TANARUS.).. 10 10a 12 05a
Ar Biaekville (E. TANARUS.) ,j 2 18pj 4 05a
Ar Cohimbia -•••; 1 05p 6 00a
Ar Charlotte S 05p| 9 55a
Ar Greensboro ,10 47pl2ii0p
Ar Danville U 53p' 2 lOp
Ar Richmond 6 66a| * 23p
Ar Lynchburg 1 55a|' 4 17p
Ar Charlottesville 3 S7aj- 6 lOp
Ar Washington 6 4-'a! 9 50p
Ar Baltimore 8 03a,!! 3p
Ar Philadelphia 10 15a] 2 56a
Ar Now York [l2 43p; 6 15a
Ar Boston 8 OOpi 2 Oflp
TO THE NORTH AND WEST.
Lv Savannah (Central Time).. 12 65am
Ar Columbia (Eastern Time).. 6 00am
Ar Spartanburg 10 05am
Ar Asheville (Central Time).. 12 50pm
Ar Hot Springs 2 37pm
Ar Knoxville * 90pm
Ar Lexington 5 66am
Ar Cincinnati 8 15am
Ar Louisville 6 Mam
Ar St. Louis 6 36pm
TO THE west Via. jesup
Daily
No. 29.
Lv Savannah (Cent. TANARUS.) 5 isa
Ar Macon 1 30p
Ar Atlanta 4 lOp
Ar Birmingham .. 9 55p
Ar Memphis 7 15a
Ar Kansas City 7 00a
Ar Chattanooga ........7.7. 9 s*p
Ar Memphis 8 20a
Ar. Cincinnati .....8 15a
Ar Louisville 10 35a
Ar B*. Louis 7 32a
Trains arrive Savannah as follows;
No. 29, daily, from New York, Wash
ington and Cincinnati. s:l* a. m.
No. 38, daily, from New York and
Washington. 5:4Q p. m.
No. 30, dally, from ail points West,
via Jesup, 11:39 p. m.
All trains arrive and depart from
the Union Depot.
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 Ctncin
rati, through Asheville and "The Land
of the Sky."
For Information aa 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
vßr.nah, Ga.. 141 Bull street 'Phones
850
Mercinis S Miners ironsporiofioii Go
Steamship Lines
To Baltimore & Philadelphia
Tickets on Sale to All Points North
and West.
First-class tickets include pseals and
berths Savannah tb Baltimore and
Philadelphia. Accommodations and
cuisine unequaled.
The steamships of this company are
appointed to sail from Savannah us
follows (Central Standard Time):
TO BALTIMORE.
ITASCA, Capt. Foster, SATURDAY,
July 4. 1 p. m. -
JCHATHAM, Capt. fludgirla, TUES
DAY. July 7,3 p. m.
•NEW ORLEANS, Capt Peters,
THURSDAY. July 9, 4 p. m.
LEXINGTON, Capt. JKirwan, SATUR
DAY, July 11, 6 p. m.
TO PHILADELPHIA.
ALLEGHANY, Capt. Chase, SATUR
DAY, July 4, 1 p. m.
BERKSHIRE. Capt: Hudgins, WED
NESDAY, July S, 4 p. m.
D. H. MILLER. Capt. McDorman,
SATURDAY, July 11, 6 p. m.
ALLEGHANY, Capt. Chase, WED
NESDAY, July 15; 7 p. m.
•Steamship New Orleaaa carries la
termedlate 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.
the action of to-day's market. This
was what with the Pennsylvania stock
subscription, and the semi-annual re
quirements on the money market out
of the way, some speculative interest
In stocks would be aroused.
To-day’s money markets reflected
clearly enough the reflux of funds aft
er the tying up incident to the settle
ments. Some doubt is felt over the
showing of the weekly bank statement
which will be published to-morrow ow
ing to the Saturday holiday. It Is ex
pected that this will show the effects
of the large operations incident to the
beginning of the fiscal year.
The maximum call loan, rate to-day
was 4*4 per cent, coifipared with 6
per cent, yesterday arid 10 per cent, -on
Tuesday. A bank statement unfavora
ble on Its face Is not likely therefore
to be a factor in the speculation. But
the easing money market failed to help
the stock market. There was no urg
ent pressure to sell, but the buying
demand was almost imperceptible and
prices sagged heavily throughout the
session. The approach of the holiday
was a possible Influence on the dull
ness, especially aa many members are
preparing to leave town this evenirig
until next week. It would be difficult
to hit upon any one factor as the
dominant cause of the weakness, but
sentiment in speculative circles over
the futule of values is undoubtedly
discouraged. London reported some
selling of Americans on fears of a
disturbance of our relations with the
Russian government, but there was no
trace of this feeling 1n New York. Re
ports of plans of reorganization for ad
ditional industrial combinations snd
the terms proposed created a distinctly
bad Impression, although the securi
ties affected are not dealt in on the
Stock Exchange. The . favorable news
from the crop region and the day's re
ports of railroad earning*: including
the Pennsylvania decrease for May.
afforded no assistance In advancing
prices.
In the bond market some of the old
er Issues tended downwards. Trite semi
annual interest of 1% per cent, came
off the New York Central general
mortgage 36* and they sold at par for
the first time in their history. Total
sales of bonds par value *1,725.000. U.
8. 5s advanced-6 per cent, on the last
call.
Total sales of stocks .to-day were
243,306 shares, including Atchison 28.-
630; Baltimore and Ohio. 8,762; Erie, 9,~
250; Missouri Pacific. 18.130; Pennsyl
vania, 31t266; Reading, 38.670: Rock Is
land, 7,500: Southern Pacific, 7,400;
Southern Railway, MSO: Bt. Paul. 12.-
550; Union Pacific. 17,825; Copper. 6.740; \
Brooklyn. 12,065; J'nlted States Steel.
10,400; do preferred, 5,700 j
Atlantic Coast Line Railroad Cos.
. EFFECTIVE MAY 24. 1903.
Trains Operated by 90th Meridian Tt me—One Hour Slower Than City Time.
~32 T-32 i *44 *4O |2O NORTH dSOUTH 119 *B9 j *3B t4B >2l
7 lOpj 12 50p! 5 35a 135a 7 10a Lv ..Savannah.. Ar 11 35a 3 Oda, 8 30a 6 30p 11 19p
12 35a 4 50p 10 40a 6 35a 12 30p Ar .Charleston.. Lv 8 00a 11 35p! 6 25a 315 p 7 4Sp
...... 11 20p ...... 1 40p Ar .Wilmington. Lv 3 45pj
...... 7 30a 11 45p Ar .Washington Lv 4 10a] 346 p
....... Yf0a:..123a Ar ..Baltimore.. Lv 2 37a] 2 14p,.
...... 1 43pi T 16a.) |Ar ..NewYork.. Lv j 9 25p| 9 30a
6~ 21 |35 39 | SOUTH. |sß|32| 22 |4O
6 45p T 320 p: 8 40a 3 30a Lv Savannah Ar 9 45a 12 40p 9 30p| 115a
8 30p! 9 10a!Ar .Brunswick Lv 17 30a 330 p
9 50p 6 20p 11 36a 6 20a Ar Wayeross Lv 6 30a 10 05a * Ssp 10 15p
1 05a 320 pll 00a \r Thomasvlile Lv 3 25a * 30a 2 SOpi 2 30p
8 05a..,.. 6 20p Ar Montgomery Lv 7 45p ...... 7 00a 7 00a
-20 4 Ssp 12 04p A r Balubridge Lv 150a 5 15a 100p!l00p
j 2 10a 6 05p| Ar 5anf0rd......... l,v 1 15a ...... 12 20p
j 5 50a j 9 15pi...... Ar Lakeland Lv 9 55p 8 40a
• ••••• 7 25a 10 35p! |Ar Port pa Lv 8 05p 7 30a
I 8 2Sall 05p' !Ar Port Tampa Lv 7 30p...... 7 00a
I ! 1 50a 1 l Ar Punta 00rda._.... Lv'...... 4 Oap
NORTH. WEST AN D SOUTHWEST.
8 SOprAr. Jesup. Lv! 7 50a ....... 6 20p 8 65a:Ar M'tg'ry Lv| 7 45p| 7 00a
- * OOajAr Macon Lv) 1 00a 3 20a 7 C6p(Ar N*v!lle Lv 9 00a 3 21a
...... 6 20a Ar Atlanta Lv 10 45p 8 20p 2 30a]Ar L'vUle Lv 3 00a 9 12
- • 45s Ar Chat'ga Lv 6 05p 7 s')p 7 20a:Ar Cin’n'tl Lv 11 15p 5 45p
1 Sop|Ar L'svllle Lv 7 45a 7 fOp 7 20a!Ar S. L'uls Lv 2spB 33
- 7 30pAr Cin'n’U Lvi 8 30a L. and N.
I MajAr g t . Lo sLv 9 15p 7 83* Ar S. Lo’ls Lv 8 23p
....... 7 23a Ar Chlc’go Lv 9 OOp M. and O.
- * 20a -Lv Atlanta Ar 10 45p 9 Isp 9 15a Ar Chle’go Lv T OOp 7 09
- 9 MalAr K. City Lv 3op 7 25a] I 25p|Ar N Ori't Lv >op OO
•Dally. ISunday only. tDally except Sunday.
Trains Into and out of Charleston are operated by Eastern time,
ci Through Pullman Sleeping Car Ser vice to North, East and West and td
Florldls.
Dining cars on trains 32 and 35 between Savanneh and New York.
Train 32 connects at Washington with Colonial Express for Boston and
bfew England points, also with Northern Central train for Pennsylvania and
6\ sstern New York points.
Connections mads at Port Tampa with U. S. mall steamship of the Penin
sular and Occidental Steamship Line, 1 eavlng Port Tampa Sundays. Tues
days and Thursdays at 11:30 j). m.
H- M. EMERSON, Traffic Manager, Wilmington, N. C.
W. J CRAIG. Gen'l Pass. Agent, Wilmington, N. C,
"'•H- LEAHY. Division Pass. Agent, Savannah. Ga.
i BHELLMAN, Trav. Pass. Agent. De Soto Hotel. ’Phone* 71. *
J* ®LATTNER. Union Ticket Agent. Bell 'phone 235. Georgia 911- J
I. C. SAPP, Ticket Agent. De Soto Hotel 'Phones TS. - "
SEABOARD
AIR LINE RAILWAY,
Schedule Effective June 28, ISOS—9oth Meridian Time—One hour slower than
City Time, south of Columbia, Eastern Time north of Columbia.
HEAD DOWnT j | READ UP,
N0.27 | N0.31 |No2-37! NORTH AND SOUTH. !No2-34iN0.34 ! Nb.B6
12 10am 1! 55pmj Lv SBW VOKK Ar'. 4 15pm 6 13am
7 20am; 3 29pmi :.|Lv ....Philadelphia Ar I 1 36pm 356 am
9 34am; 5 45pm [Lv Baltimore... Ar. 12 25am; 11 23pm
10 46am| 7 00pm]. |Lv Washington Ar; ; 10 10am| S 36pm
2 lopm lO 35pmt....... Lv Richmond... Ar 1 6 35amj 4 55pm
9 25ami 9 05pmi Lv Portsmouth Ar | 8 00am 5 35pm
7 30pm; 355 amt.... ...[Lv Raleigh Ar I 1 25am11l 500 m
330 pm; | ILv Wilmington Ar _) jIJ 45pm
12 52am. 9 54am| |Lv Camden Ar, | 7 36pm; $ 30am
12 55am 10 OOamj 6 OOa'Lv Columbia Ar 11 30p 5 30pm ( 4 26am
5 10am; 2 2Spm;io 20ajLv >AV4**AH „ l,v| 7 OOp 1 15pm!13 10am
8 02am 5 15pmi.... ...iAr Darien Lv, 10 05am|..
T 55am 5 30pm,. [Ar Brunswick Lv} 10 05am 9 00pm
10 05am 6 45pm [Ar Feinandlna .. Lv ....... 8 50am 7 50pm
9 15am 6 50pm Ar ..... JACHSOXVII.LK...... Lv;....._ 8 46am 7 50pm
1 58pm 1 50am Ar Ocala Lv 2 35amjl2 41pm
6 00pm 6 45am Ar .....Tampa Lv 9 00pm 8 50am
11 22am; jAr .... ..Lake -City...... Lv[.... ..4.. 5 38pm
5 15pmj., |Ar Tallahassee Lv, yj 1 63pro
N6.73; N0.71; N0.87; Noß9| N0.93| WEBT. N0.90;N0 89 N0!t2‘N0.74
4.30 p 7 00a. 4 OOp, 6 58p 6 30p Lv *A A A SiS’ AH., Arj 9 15*1 I 35a. 8 SOp.lO 00a
..,,.,.110 00a| 6 15pi 9 00p; Ar Statesboro ... Lv 7 00a ! 6 10a 4 OOp
7.16 p 9 48a}.......] | 9 ISp'Ar Lyona Lv }.. 6 Olp 7 07a
.......11 33a].... Ar Dublin .., Lv .... 1.. ....... 4 24p
.| 1 IQp Ar Macon Lv 2 30p
8 45p!Ti 30a!............ 10 43p|Ar ..Helena Lv 4 20p 8 00a
8 00b 4 20p| . 12 35a[Ar ..Fitzgerald .... Lv 9 45a 4 00a
6 Rial 1 25p|,. ...... Ar ..Cordele Lv 2 05p 5 55p
7 58a! 3 OSpl, Ar ..Albany Lv 12 05p 7 OOp
7 S7a, 3 12p> Ar Americus Lv 12 35p 4 50p
10 25a! 515p|.......1 Ar .Columbus Lv 10 15a 2 15p
1 7 56p| ! • • Ar .MOk TOQOTHr Lv| a ooa .
NOTE—Trains Nos. 2d-27, 2d-34, 89, 90 and 93 will be operated on SUN
DAYS ONLY. No. 74 on Sundays wilt start from Fitxgerald Instead of Hel
ena. Trains No*. 73, 87 and 88 daily except Sunday.
Nos. 31 and 34 SEABOARD EXPRESS, solid vtitibuled train. Through
Pullman sleeping cars to New York. Cafe dining car*.
Nos. 27 and 66. SEABOARD MAIL, through vestlbuled trains. Pullman
buffet sleeping oars to and front New York.
Nos. 71 and 77. WESTERN EXPRESS, close connection at Montgomery
for Mobil*. New Orleans and Southwestern points. Through cars between
Savannah and Macon.
Full Information at City Ticket Office, No. 7 Bull St. Telephone No. 33.
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. Ticket • Include meals and berths aboard ship,
PASSENGER FARES FROM SAVANNAH.
TO NEW YORK—First Cabin, 330; First Cabin, round trip. $33; Intermedi
ate Cabin, SIS; Intermediate Cabin, round trip. 124; Steerage, S3O.
TO BOSTON—First Cabin, sl3; Flrat Cabin, round trip, $33; Intermediate
Cabin, 317; Intermediate Cabin, round trip. s2l; Steerage. $11.75.
The Steamships of this line are appointed to sail from Savannah, Cestnl
(90th meridian) time: ,
FOR NEW YORK:
TALLAHASSEE, Capt. Johnson, FRI- CITY OF SAVANNAH. Capt.
DAY, July 3, 12 noon. MONDAY, July Is. $ a. m.
CITY OF AUGUSTA, Capt. Burg, TALLAHABEB. Capt. Johnson, WBD
SATURDAY, July 4, 1 p. m. NESDAT, July 15, $ a. m.
CITY OF MEMPHIS, Capt. Savage, CITY OF AUOUOTA, Capt. Bur*. FRI.
MONDAY. July 6, 2 30 p. in. DAT. July 17. 10 a. m.
CITY OF MACON. Capt. Fisher, CITY OF MEMPHIS. Capt. Savage
WEDNESDAY. July 8, 4 p. m. SATURDAY, July 11. 11 a. m.
CITY OF BIRMINGHAM. Capt. Dry- CITY OF MACON. Capt. Fisher, MON
er, FRIDAY. July 10, 6 p. m. DAY, July 20, 1 p. m.
•Steamships City of Memphis, City of Macon, Tallahassee and Chattanoo*
chee carry first cabin passengers only.
tClty of Savannah will net carry intermediate passengers.
Sailings from New York for Savannah at 3 p. m. on June 25, 28, 27, 20;
July 2. 4. 7, 9. 10, 11, 14. 18, 18, 21, 73, 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 1 p. m.
This company reserves the right ta change Its sailings without notice sad
without liability or accountability therefor.
L. M. ERSKINB, L. R.VAN DIVIBRE. W. O. BREWER.
Agt O .S. Cos., wharves. Com. Agt 17 East Bay. C. T. AP. A.. 197 Bull.
SAYAVMAH. CA.
w. H. flEasaNtb. c. b. Walworth,
Vice President * Gen'!. Mg*. Gen. Pase. Agt.
Pier 35 North River. New York
new (rk link * ••■< List.
Railway Stocks.
Atchison ... .4 *7%
Atchison preferred 9244
Baltimore and Ohio 86
Baltimore and Ohio preferred 934*
Canadian Pacific 12344
Central of New Jersey- 165
Chesapeake and Ohio 3844
Chicago and Alton 2614
Chicago and Alton preferred 67
Chicago and Great Western 19
do do preferred. B . 3544
Chicago and Northwestern 170t*
Chtcngo Terminal and Trans 14
do do preferred 2344
C„ C., C. and St. Louis 864
Colorado Southern - 1744
Colorado Southern Ist preferred.. 5844
Colorado Southern 2nd pfd. ..... 2744
Delaware and Hudson 17344
Delaware, Lackawanna and West.2sl
Denver and Rio Grande 2844
Denver and Rio Grande pfd 83
Erie 3334
Erie Ist preferred 6744
Erie 2nd preferred 56
Great Northern preferred 170
Hocking Valley 8444
Hocking Valley preferred 9044
Illinois Central ......18344
lowa Central 2744
lowa Central preferred 4844
Kansas City Southern ........... 2344
Kansas City Southern pfd 44
Tx>uisville and Nashville 11044
Manhattan L . 13644
Metropolitan Street Railway ......12244
Minneapolis and St. Louis 80
Missouri Pacific ..10244
Missouri,. Kansas and Texas ... 2144
Missouri, Kansas and Texas pfd... 4(44
National R. R. of Mexico 2044
National R. R. of Mexico pfd...l. 41
New York Central ..12644
Norfolk and Western $544
Norfolk and Western preferred .... 88
Ontario and Western ..." 2544
Pennsylvania 1 12544
Pittsburg, C., C., and St. Louis.. 72
Reading 5144
Reading Ist preferred 82
Reading 2nd preferred 68
Rock Island Cos 1444
Rock Island Cos. preferred 7044
.St. Louis and San Francisco 714*
?t- L. and San Francisco Ist pfd. 73
St. L. and San Francisco 2nd pfd. 61
St. Louis Southweetern n\4
St. Louis Southwestern pfd. ..... 39
St. Paul 15044
St. Paul preferred ITT
Southern Pacific 4944
Southern Railway 3444
Southern Railway preferred ..... 89
Texas and Pacific 2944
Toledo, St. Louis and Waat. ...... 2444
Toledo. St. Louts and West. pfd. 4344
I Union Pacific $144
Continued 00 Eighth Fa**!
9