Newspaper Page Text
10
COTTON IS NERVOUS
MARKET Din NOT SEEM TO KNOW
WHICH WAY TO TURN.
TRADERS WERE AT ODDS.
BUT LITTLE WAS DONE F. O. B.
AND NOTHING ON THE SPOT.
Holders of Actual Staff Seem Con
tent to Sit on Their Cotton and
Wait for 16 Cents or Higher.
Which They Thinli They Will
Eventually Receive—Export* front
New Orleans Were Practically
Heavy* Over 34,000 Rales Being
Reported, Which Shows That the
Cotton Stock at That Port Is living
Rapidly Reduced.
AT THE CLOSE.
FUTURES 1
Liverpool, 12 points down.
New York ( 6 to IS points np.
New Orleans, 9 to 16 points np.
■ POTSt
Liverpool, 12 points down.
New York, unchanged.
New Orleans, % point down.
Savannnh, % point down.
The cotton market was extremely
nervous yesterday and futures played
a game of see-saw from the beginning
to the close of the market. It was
a case of being one moment up and
another down, and traders were per
plaxed to know which way the mar
ket would turn.
Futures opened at an advance of
from 7 to 12 points on firmer cables
than were expected.
Shortly after the opening, however,
a tide of liquidation set in that car
ried the market on a downward trend.
The trading, however, w'as more or
less of a professional character, and
there seemed to be no disposition on
the part of spot holders to let loose
their holdings. Indeed in most cases
they are “sitting on their cotton,” and
patiently waiting for cotton to go to
16 cents or higher.
The spinners are holding off and
there is very little actual demand, so
that no sales were reported on the lo
cal spot yesterday, although quotations
went off Vic.
Apathy also stalked abroad in the
f. o. b. market. Cotton on a basis
of good middling opened at 14%c, and
closed at 15 cents, although there was
little business transacted. The mar
ket, however, was quoted steady both
at the opening and closing.
The exports from New Orleans were
particularly heavy yesterday over 34,-
000 bales being reported which shows
that the stock of cotton at that port
is being rapidly reduced.
Traders are generally inclined to look
for a fluctuating market until after the
holidays.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday:
! 10:30 I 1:00 j 4:00 I Year -
Grades. |A. M. P. M. P. M. Ago.
G. middling 15% jls |ls |l<T~
Middling .. .14% :14% ,14% ;9%
L. niiddling H'i ,14% ;14% j 9
Tone Quiet.jQuiet.(Quiet. Quiet.
Sales | | j j
Exports coastwise 463
Receipts yesterday 1,470
Last year 2.213
Tear before last 1,383
Receipts since Sept. 1 1,077,957
Receipts some time last year. .1,226,121
Stock yesterday 52,430
Stock last year 67,887
Receipts and Stocks at All Ports—
Receipts yesterday 12,398
Same day last year 31,903
Same day year before last 13,301
So far this week 31,921
Last year 74,932
Year before last 36,514
Receipts since Sept. 1, 1903 6,684,406
Last year 7,053,152
Stock at all ports yesterday 527,404
Stock same day last year 430,216
DAILY COTTON MARKET.
Galveston—Easy; middling, 14.75 c;
net receipts, 4,162; gross, 4,162; sales,
68; stock. 37,002.
Norfolk—Net receipts, 800;gross,800;
stock, 12.100.
Baltimore—Nominal; middling, 16c;
stock, 3,122.
Boston—Quiet; middling, 14.90 c; net
receipts, 87; gross, 87. Exports—Con
tinent. 400.
Wilmington—Nominal; net receipts,
1; gross, 1; stock, 6,150.
Philadelphia Steady; middling,
15.15 c; gross, receipts, 171: stock, 2,-
216.
Savannah—Quiet; middling, 14%c;
net receip's, 1,470; gross, 1,470; stock,
62,430. Exports—Coastwise, 463.
New Orleans—Quiet; middling, 14%c;
net receipts, 5,003; gross, 5,003; sales,
250; stock, 285,734. Exports—Great
Britain, 15,403; continent, 7,127; France,
12,350.
Mobile—Quiet; middling, 14%c; net
receipts, 276; gross, 475; stock, 8,963.
•Memphis—Quiet; middling, 15c; net
rec'ipts, 645; gross, 739; stock, 47,544.
•Augusta—Nominal; middling, 15c;
net receipts, 135; gross, 135; sales, 78;
stock, 37.199.
Charleston—Net receipts, 224; gross,
224; stock, 7,863.
•Cincinnati —Net receipts, 129; gross,
129- stneW 5 2QB
•Louisville—-Firm; nttddllng, 15%c.
•St. Louis—Quiet; middling, 14%c;
gross receipts, 34; stock, 18,826.
•Houston —Quiet; middling, 14%c;
net receipts, 1,749; gross, 1,749; sales,
818: stock, 26.558.
New York—Dull; middling, 14.90 c;
net receipts, 375; gross, 4,043; sales,
1,400; stock. 105,578.
Charleston —Deduct 832 bales from ex
ports coastwise yesterday.
Total To-day at all Seaports—Net re
ceipts, 12,398; Great Britain. 15,403;
France, 12,350; continent, 7,527; stock,
627,404.
Consolidated, at All Seaports—Net
receipts, 31,921; Great Britain. 27,081;
France, 12,350; continent, 16,642.
Total Since Sept. 1, at All Seaports—
Net receipts, 6,684,435; Great Britain,
2,067,091; France, 659,624; continent, 2,-
336,206; Japan, 39,021; Mexico, 25,471.
•Not Included in totals.
SEA ISLAND COTTON.
Prices about as follows:
Fancy Floridan 28
Extra choice Florida* 27
Choice Florida* 25 @'2
Fancy Georgias 27
Extra choice Georgias 25 @f26
Choice Georgia* 24 @25
Extra fine (li.'i and F1a'5...23%
Fin* Ga.’s and Fla.'s Nominal
COTTON FUTURES.
New York. March 29.-The cotton
* opened Arm at sn advance of
P®Jb on covering, promoted by
rather firmer cables than expected, so
futures wars concerned, though
*****the English market was
I" ''fnt demand at a decline of it
Kngltsh points. Rtlll receipu promised
le ee light, and for the fleet ten min*
W. 0. TYSON.
PUBLIC ACCOUNTANT,
Board of Trade Building, Savannah, Ga
utes or so the market ruled firm, with
one or two of the active months sell
ing slightly over the opening figures.
Liquidation, however, was heavy, and
New Orleans showing a declining ten
dency, the market here soon weakened
under more aggressive offerings, nota
bly by brokers believed to represent a
leading Wall street bear interest, who
appeared endeavoring to catch some
stop orders on the long side. The ef
fort was successful to a certain ex
tent, and prices broke to a net loss
of about 15 points, with May selling
around 14.50 c and July 14.71 c.
Demand at the decline seemed to
be of a very good character, repre
senting largely the purchases of spot
people and spinners, and around mid
day shorts of the scalping class turn
ing to cover, prices worked up quite
rapidly, with May selling to 14.94 c and
July to 15.16 c. This was followed by
more liquidation, and in the last hour
the market ruled rather easier, declin
ing about 18@19 points from the top.
The close was steady at a net ad
vance of B@lS points. Sales were esti
mated at 500,000 bales. Trading was
again chiefly of a professional order,
the public apparently not caring to en
ter the market prior to the Easter holi
days, and a good part of professional
operations seemed to be of an evening
up character, in anticipation of the
market’s being closed over the week
end.
The day’s figures regarding the move
ment were very bullish.
Receipts at ail points are running
very light, and estimates for the week's
to-night into-sight are being reduced
to about 90,000 bales, or about 55,000
bales behind last year’s. On the other
hand, the other reports from the South
concerning spot demand tell of little
or no business w’ith spinners, and
while private advices indicated a larg
er export business clearances, reports
cf curtailment in spinning circles are
becoming more general.
RECEIPTS AT PORTS.
New' York, March 29.—Receipts cot
ton at the polls to-day, 12,398 bales
against 16,742 last week, and 31,903 last
year. For the week 65,000 bales,
against 63,160 last week, and 108,431
last year. To-day’s receipts at New
Orleans were 5,003 bales against 20,092
last year, and at Houston 1,749 bales
against 3,709 last year.
SPOT COTTON AT NEW YORK.
New' York, March 29.—Cotton, spot,
closed dull; middling uplands, 14.90 c;
middling Gulf, 15.15 c; sales, 1,400 bales.
NEW YORK COTTON.
Options. Open. | H. | L. [ C.
March I *14.50114.48(14.48(14.55
April *14.50(14.55,14.55 14.55
May !14.71@14.77 14.94 14.50,14.75
June | 14.92,14.92 14.92.14.90
July 14.95@H4.89|15.16(14.71(14.97
August 14.43 14.58 14.20 14.51
September .. 12.85(12.97(12.65 12.92
October 12.08 12.25|12.00 12.18
November .. 11.96 11.95 12.06
December .. *11.94(12. lOjll. 86j12.G4
*Bid. ‘ r “
Futures opened firm; closed steady.
NEW ORLEANS COTTON MARKET.
New Orleans, March 29.—Cotton fu
tures steady; March, 14.57 c bid; April,
14.56 c bid; May, 14.91@14.92c; June,
15.13®15.17c; July, 15.36@15.37c; August,
14.57@14.60c; September, 12.81@12.82c;
October, 12.05@12.06c.
Spot cotton very firm, factors re
fused to make concessions and buyers
held aloof. Quotations reduced %c.
Futures opened quiet with prices 1
lower to 7 points higher. Liverpool
was somewhat better, and prices made
a slight advance. Some liquidation
was brought about by the advance and
room traders sold short aggressively
for a turn. In a few minutes after the
opening prices showed a decided lower
tendency. Following the first recession
there was a recovery on profit taking
by shorts. The fluctuations were fre
quent and fairly wide.
It was an extremely nervous market
and offerings of a few hundred bales
served to send prices down ten points,
while buying orders for an equal
amount would send prices up corre
spondingly.
In the trading May first advanced
8 points above yesterday's close to
14.90 c, declined to 14.55 c, recovered to
14.78 c, receded to 14.65 c, advanced to
15.06 c and finally declined to 14.91 c. The
market closed quiet, with net gains of
9 to 12 points on the old crop positions
and 13 to 16 on the new.
LIVERPOOL COTTON MARKET.
Liverpool, March 29.—Cotton, spot,
easier and in fair demand; prices 12
points lower; American middling, fair,
8.44d; good middling, 8.28d; middling,
S.lßd; low middling, 8.08d; good ordi
nary, 7.98d; ordinary, 7.78d. The sales
of the day were 4,000 bales, of which
200 bales were for speculation and ex
port and included 3,500 American. Re
ceipts. 10,000 bales, including 5,100
American.
Futures opened quiet and closed
quiet. March, 7.87d; March and April.
7.84d; April and May, 7.81d: May and
June. 7.79d; June and July, 7.77d; July
and August, 7.73d; August and Sep
tember. 7.51d; September and October,
6.74d; October and November, 6.41d;
November and December. 6.31d.
DEMURE & HAHMOXD
Say on X. Y.’s Clo*e Liverpool la
Expected to Go Up To-morrow.
Savannah, Ga., March 29.—While the
opening of the New York cotton mar
ket this morning was some better than
expected. It was nervous, with a poor
undertone. Liverpool continued to de
cline up to its close, and New York
in sympathy sold off some 20 points
during the afternoon, selling orders
seemed to be exhausted, and there ap
peared to be some covering by shorts
and an effort on the part of bulls to
gun for stop orders on a large line
prices would not hold, as there was
very little outside support.
Exports at New Orleans to-day put
it to 34,000 bales, while the total
amount of the month to date is 121,-
000, showing that the stock of spot
cotton at that port is being rapidly
reduced.
On New York’s close Liverpool is
due to come 10 up to-morrow.
J. H. PARKER A CO.’S
Cotton lietter to Hayward, Vick A
Company.
New York, March 29.—Liverpool was
not at first disposed to follow the weak
ness displayed here yesterday, but bear
ish cables from this market changed
the temper abroad, and caused con
siderable further decline, A strong ef.
fort was made to depress our market,
with the evident Intention of catch
ing stop orders on the cotton bought
011 the census report, May was forced
DEMERE L HAMMOND. Brohers,
Phones IJOS Office No. 34 Bryan street, East.
COTTON, STOCKS. BONDS, GRAIN AND PROVISIONS.
Wmt Frltaw Klrw u le-sdlng Fsetupige
LOCAL MCCI tUtlK* A IWIAIAY.
SAVANNAH MORNING NEWS: WEDNESDAY.MARCH 30. 1904.
Hayward, Vick: & Cos.,
COTTON, STOCKS, BONDS.
GRAIN, PROVISIONS AND COFFEE.
New York Correspondents, MEMBERS:
•I. 11. PARK Eli & CO. New Orleans Cotton Exchange.
Chicago CorrciqKimlonts: New Orleans Future Brokers As’n.
BARTLETT. FRAZIER A New York Cotton Exchange.
CARRINGTON. New York Coffee Exchange.
New Orleans Correspondents: Chicago Board of Trade.
HOME OFFICE. Associate Member l.iterpool Cotton
BOTH TELEPHONES 530. Association.
With our Private Wires to New York. New Orleans and Chleago, we
can execute all orders on the several exchanges with unequalled dispatch.
,1. si. McCORD, Manager, 101 Bay St.. East. Savannah. Ga
down as low as 14%c, but at this point
stubborn resistance was encountered
and a quick rally followed. The mar
ket appeared sold out at the decline,
and a considerable short interest has
been created so that the rebound was
very rapid under the efforts of shorts
to cover.
Southern advices tell of determina
tion on the part of spot holders to re
fuse any decline, and to hold out for
16c or over. At any rate, there was
no pressure of offerings, and this, with
light receipts for to-morrow at Gal
veston, caused the recovery to expend
about 43 points from the bottom. With
the prospect of a light movement —not
only to the ports for the next few days,
but also the total for the w'eek—shorts
are not disposed to go over the holi
days with any cotton on hand, and
they are quick to run on any sign of
strength. There were some telegrams
from Shreveport to the effect that the
cold snap had damaged young cotton
so that replanting would be neces-
[ sary.
As we have already had occasion to
say, we do not believe the area af
fected by recent weather is of any im
portance, but we must not lose sight
of the fact that cold snaps are possi
ble for another month or more, and
when the next one comes the crop may
be sufficiently advanced to be hurt,
and thus make the position of shorts
it! the late months a very uncomfort
able one.
WARE & I,ELAND
Allvise Buying on AH Rrcaks in
Near Future.
New York, March 28.—The break to
day was about what might have been
expected after an advance of 2 cents.
The break in July to 14.71 c meant
80 points in two days, and with any
strength or basis for present prices
this should entitle the market to a
reaction. The advance that took place
at midday carried July up 30 points
in short order. The market started
from about 14% cents after the census
report, and when July worked back
to 14.70 c prices were within 30 points
of the figures before the report. If
anyone will take the trouble to look
up the December market, when the
government came out, they will find
that prices ran from about 11.60 c to
12.75 c and back to 11.90 c before the
upward movement was resumed.
This break was entirely natural,
and we would not be surprised to see
prices fluctuate between 14%c and
15% cents for some days. There is no
cause for the American holder to get
nervous. Cotton is not likely to work
much below 14% cents before July,
which would mean 14 cents for spot
cotton. There is too much cotton
wanted on the other side. We said
buy on a good break under 15 cents,
and we would be inclined to take
profits on a bulge over 15 cents for
a time.
We want to see big spot buying be
fore saying hold for a good rise. The
cotton situation never was stronger
and we believe in buying on such
breaks as this morning.
LOCAL FINANCIAL MARKET.
The following are the Savannah Cot
ton Exchange quotations:
DOMESTIC EXCHANGE—Buying at
50c discount, selling up to $25.00, 10c;
$25 to SSO, 15c; SSO to SIOO, 20c; SIOO to
S2OO, 25c; S2OO to S3OO, 30c; S3OO to S4OO,
35c; S4OO to SSOO, 40c; SSOO to S6OO, 45c;
over S6OO at the rate of 75c per SI,OOO
premium.
FOREIGN EXCHANGE Market
weak. Commercial demand, sterling,
$4.84.25; sixty days, $4.80.75; ninety
days, $4.79.25; French, J 5.22%; Belgian,
5.23; marks, sixty days, 94 3-16;
ninety days, 93%.
Rank Stocks.
Bid. Asked.
Citizens Bank 150 151
Chatham Bank 77 78
Commercial Bank 106
Chatham R. E. and I. Cos. .. 53 53%
Germania Bank 147% 148%
Southern Bank 180 185
Merchants National 8ank..105 106
The National Bank of 5av.,165 170
Oglethorpe Sav and Trust.. 125
•People’s Savings and Loan .102% 103%
Savannah Bank and Trust.. 130 132
Savannah Trust 102 103
•Plus dividend.
Railroads and Industrial*.
Bld.Asked.
Augusta and Savannah ....113 113%
Atlanta and West Point ....153
do 6 per cent, certif 106 108
Central Ice 95 100
Chat, and Gulf stocks 109 110
Georgia Telephone and Tele
graph 85 86
Oeorgia Brewery 92% 100
Macon Ry. and L. pref 76 77
do common 21 25
Georgia Railroad common ..249
Planters’ Rice Mill .? 90 95%
Propeller Towboat 95 100
Savannah Elec, preferred ... 85 90
Savannah Elec, common .... 14 15
Savannah Hotel Company ... 65 68
Southwestern 112% 113%
Southern Railway preferred.. 85 86
do do common 22 23%
Savarnah Brewing 103 105
Savannah Cotton Exchange.. 60 65
Bonus.
Chat, and Gulf R. R. 5 per
cent. Ist mortgage 102% 103%
C. of Ga. con. ss. 1945. M.
and N 105% 106%
C. of Ga. Ist incomes 67 70
do do 2nd Incomes 29% 30
do do 3rd incomes 18 20
C. of Ga. (M. G. and A.
Div.) 5s 105 106
G. S. and F. 5s Hi
Georgia State 3%5, 1930 ....106 110
do 3%5, 1915 M. and N 103% 101%
do 4%. 1915 113% 114%
Macon Ry. and L. bonds ... 89 90
Jacksonville Electric 6s 90 u 2%
Ocean Steamship 6s. 1926 108 110
Savannah city 6s. 1913 108% 109%
Savannah city ss. 1909 104 104%
S. A. L. common 9% 10%
do do preferred >l7 17%
Savannah Elec. Cos. 5s 90 92
Middle Ga. and Atlantic ....105 106
Eatonton.. 105 106
DUD GOODS DULL.
Now York. March 29.—Buying In dry
goods has been exceedingly limited, and
o|>eiallon are only for goods to go
Into Immediate consumption. Vary
few irregularities are noted for It is
generally understood that such a course
would avail little in effecting any in
creased business.
SPIRITS TOOK DROP
MARKET IS NOW OFFICIALLY
UI OTED AT 57 CENTS.
NOT ALL DEVOURED.
SOME FACTORS ARE REPORTED AS
HAVING “STI FF” VET ON HAND.
.Market Did Not CliniiKe Itn Tone,
Hoivour, and In routed as Steady,
Notvrlthstandlngr the Decline—All
Grades of Rosins Continue in Firm
Request, and There Is a Healthy
I ndertone to the .Market—Hut Few
Samples Were on the Factors’
Tables at Sunset—Receipts Roth in
Spirit* and Rosin Market Continue
Extremely I.iuht.
While the tone of the spirit mar
ket is still officially posted as "steady”
at the Board of Trade, the price drop
ped one point at the final call yester
day, and the market is now quoted
at 57c. There was quite a quantity of
stuff remaining in the factors’ hands
at the day’s close, notwithstanding
the fact that the Standard Oil Com
pany is still a bidder on the market.
Only 120 casks were reported sold,
this amount being equally distributed
at both calls.
The receipts continue light, and 257
casks were reported, while 787 casks
were exported.
Rosins: All grades of rosins continue
in firm request, and there is a decid
edly strong undertone to the market.
But few samples were left in the
pans on the factors’ tables at sunset.
The market may be said to be in an
extremely healthy condition. There
was no change in quotations. At the
opening call the market seemed slug
gish, and no sales were reported, but
in the afternoon 202 barrels were re
ported sold.
The receipts of rosins were 787 bar
rels, and the exports 252 barrels.
Yester-j Day Last
SPIRITS. day. j Before Year.
Spirits ....| 57 J 58
Tone | Steady. Steady. N. doing
Sales | 120 119 ■
Rosins .... | Steady. | Firm. Firm.
W. W | 4.051 4.00 4.05
W'. Q j 3.70] 3.70, 3.90
N 1 3.50( 3.501 3.70
M 3.351 3.35 j 3.60
K 3.30( 3.30| 3.20
I 2.95 J 2.95 2.83
H 2.70| 2.70 2.40
G. 2.65} 2.651 2.20
F 2.60} 2.60} 2.10
E 2.55| 2.55] 2.05
D 2.501 2.501 2.05
A, B, C.... 2.50’ 2.50| 2.05
Sales 202 j 394)
NAVAL STORES STATEMENT.
Spirits. Rosins.
Stock April 1 1,241 145,882
Receipts yesterday ...... 257 787
Receipts previously , 192,513 648,270
Total ..194,011 794,939
Exports yesterday 442 252
Exports previously 188*015 749,873
Total 188,459 750,125
Stock yesterday 5,554 44,814
Stock 'ast year 1,241 110,123
IX OTHER MARKETS.
New York, March 29.—Rosin, steady.
Turpentine, steady, 59@59%c.
Charleston, S. C. t March 29. —Turpen-
tine and rosin, nominal.
Wilmington, March 29. —Turpentine,
nothing doing; receipts 3.
Rosin, nothing doing; receipts 42.
Tar firm, $1.70; receipts 256.
Crude turpentine firm, $2.25. $4.00 and
$4.00; receipts 97.
New Orleans, March 29.—Receipts,
rosin, 62 barrels.
GENERALMARKETS.
New York, March 29.—Flour, moder
ately active and partially higher.
Rye flour, dull.
Corn meal, steady.
Rye, steady; No. 2 Western, 83c.
Barley, quiet.
Wheat—Spot, steady; No. 2 red, $1.07.
Options had a strong opening. Later
they broke under heavy unloading and
closing rather weak. %@lc net lower;
May, 98%c; July, 93%c; September,
85%c.
Corn—Spot, steady; No. 2 nominal.
Option market was strong, and active
at first on renewed full support, but
declining later with wheat, closed only
%e net higher; May, 59%c; July, 56%c.
Oats—Spot market firm; No. 2 oats,
46%c.
Beef, quiet.
Cut meats quiet; pickled hams, 9%
@loe.
Lard, steady; Western steamed, $7.45;
refined, steady, compound, 6%@6%c.
Pork, steady.
Tallow, steady.
Rice, dull.
Coffee—Spot, Rio, steady; No. 7 in
voice, 6%c; mild, steady; Cordova, 10
@l3c.
Sugar—Raw, firm; fair refining,
35-32 e; centrifugal 96 test. 321-32 c;
molasses sugar, 2 29-32 e. Refined, firm.
The market for coffee futures opened
steady at unchanged prices to an ad
vance of 5 points. The market ruled
generally steady to firm, and in the
afternoon advanced to a lavel net 5 to
15 points higher, closing steady on that
basis. Sales 39,750 bags.
Butter, firm; extra fresh creamery,
25c; state dairy, 13@21c.
Cheese, steady; state full cream
fancy, small colored September, 12c;
smalt white September, 12c.
Eggs, firm; state and Pennsylvania
near by average finest, 19%c,
Potatoes, firm; Long Island, $3.12®
3.62; Jersey, $3.0003.37; Jersey sweets.
$1 6003.25.
Peanuts, steady; fancy handpicked.
5%c; other domestic, 3%06%< .
Cabbage* firm; domestic per ton,
$26.000 26.00; Florida barrel crate, $3.50
@8.75.
Cotton by steam to LA vet pool, 10c,
Will.Vl SHOWED Loss,
Chicago, March 29.—Contradiction* of
crop damagi reporta -a used 1 wavy
resit >li g Mir* to-day in wheat i’om
pared with last uikhl, July wheat H#.
•4 #t A it )
a shade Gate are %c off and piovia
tong, 7%@14e
The leading future* ranged a# fa).
Opening ffigbaeU lAsta Olaatng
Mag' -..M% r. m m%
•July ...90% 90% 88% 88%
♦•July ..89% 89% 87% 87%
•Sept ...85% 83% 82% 83
••Sept ..83% 84% 81% 81%
*Oid. “New. ,
Corn No. 2
May ....55% 55% 54% , 55
July ....52% 52% 51% 51%
Sept ....51% 51% 50% 51
Oats No. 2
May ....41 41% 40% 40%
July ....39 39% 38% 38%
Sept ....33% 33% 32% 82%
Mess Pork, per barrel—
May sl3 35 sl3 47% sl3 07% sl3 07%
July 13 55 13 70 13 25 13 25
Lard, per 100 pounds—
May 705 7 12% 6 97% 6 97%
July 7 22% 7 27% 7 12% 7 12%
Short Ribs, per 100 pounds—
May 700 702 % 690 690
July 7 17% 7 20 7 05 7 05
Cash quotations were as follows:
Flour, quiet, but firm, No. 2 spring
wheat, 95c@51.01; No. 3, 88c@$1.00; No.
2 red, 95%c@51.02%; No-. 2 corn, 55c
No. 2 yellow, 55%c; No. 2 oats, 39%
@4o%c: No. 2 rye, 71c, good feeding
barley, 38@39c; fair to choice malting,
45@55c. No. 1 flax seed, $1.09. No. 1
Northwestern, $1.15%, prime timothy
seed, $2.90, mess pork, per barrel, $13.00
@13.12%. lard, per 100 pounds, $6.87%
@6.90. short ribs sides, (loose), $6.75
@6.87%c: short clear sides (boxed),
$7.25@7.50; whisky, basis of high wines,
$1.28; clover, contract grade, $10.25.
Receipts —. Wheat, 12,000 bushels;
corn, 172,800 bushels; oats, 282,800 bush
els.
COTTON SEED OIL.
New York, March 29.—T0-day’s cot
ton seed oil market was quiet, but
prices were steadily held at yester
day’s basis. Prime crude f. o. b. mills,
28%@29e. Prime summer yellow, 35%c;
off summer yellow, nominal; prime
white, 40c; prime winter yellow, 40%c.
SAVANNAH'S CU
Note—These quotations are revised
daily and are kept as near as possible
in accord with the prevalEng whole
sale prices. Official quotations are not
used when they disagree with the
prices wholesalers ask.
POULTRY—Market, good demand;
springers, 40@45c per pair; three
quarter grown, 50@65c; hens, 80@90c.
EGGS—l6@l7c; steady.
BUTTER—The tone of the market is
firm. Quotations: Extra Elgins, 60
tubs. 26@27c: choice Elgins, 24@25e;
renovated butter. 20c.
CHEESE—Market firm; fancy, full
cream cheese, 22@25-pound, 13c; 30 to
35-pound, 12%c.
AVHITE PEA BEANS—S2.SO bushel.
POTATOES—S3.OO@3.2S.
ONlONS—Native, barrels, $4.50.
TURNIPS—S2.2S.
CRANBERRIES Cape Cod, $2.75
box.
Breadstuff, Hay and Grain
FLOUR—Patent, $5.90; straights,
$5.60; fancy, $5.50; family, $5.10; spring
wheat, best patent, $6.55.
MEAL—Pearl, per barrel, $3.25; per
sack, $1.37%; Pierce’s water ground,
$1.40; city grits, per sack, $1.40; Pearl
grits, Hudnut’s, per barrel, $3.25; per
sack, $1.45; Savannah Millifig Com
pany, meal, $1.32%.
Grain Markets.
QUANTITIES— Jobs. Cars.
No. 2 white corn 73 70
Mixed corn 72 69
OATS—
No. 2 white clipped 61 58
No. 2 mixed 57 54
Texas rust proof oats,
bright 71 68
BRAN—
Pure wheat bran $1.25 $1.20
Mixed bran 1.25 1.17%
Cracked corn 1.35 1.28%
HAY—
No. 1 timothy 1.02% 98
No. 2 timothy 90 85
RlCE—Market steady; demand good;
fancy head, 6c; fancy, 5%c.
Good .......i ~...5 @5%
Fair 4%@4%
Common , 3%@4
Fruits and Nuts.
APPLES—S4.7S@S.OO; choice, $4.00.
BANANAS— $1.50<g>2.00.
COCOANUTS —Sack of 100, per sack,
$3.50.
ORANGES—FIorida, $2.75@3.00; Cal
ifornia navel, $3.00 a box.
LEMONS—New Massinas, $3.00@3.20.
MALAGA GRAPES Heavyweight,
$5.00 @6.00 per keg; mediums, $4.25®
4.50 per box.
PRUNES—2Os to 30s, 13c; 30s to 40s,
10c; 40s to 50s, 8c; 50s to 60s, 7%c; 60s
to 70s, 6%c; 70s to 80s, 6c; 80s to 90s,
5%c; 90s to 100s, 4%c.
PEANUTS— Ample stock, fair de
mand; market firm; fancy hand-pick
ed Virginias, 6%c; N. C. peanuts, 5%e;
ex. Virginias, 5%c.
NUTS—Almonds, Terragona, 14%c;
Ivicas, 13%; walnuts, French, 12%c;
Naples, 14%c; pecans, 10c; Brazils,
9%c; filberts, 11c; assorted nuts, 60-
pounds and 25-pound boxes, 12c.
Dried oud Evaporated Fruit*.
APPLES—Evaporated, 7%c; sundried
5%c.
APRICOTS— Evaporated, fancy, 13c;
choice, 10%c.
RAISINS—L. L. 2-Crown, $1.85; 3-
Crown, $2.00: 4-Crown clusters, $2.75;
loose muscatells, 8c; 1-pound seeded.
10%c; imperial cabinets, $3.00 per box.
PEACHES— Evaporated, peeled, 16c;
unpeeled. B%c.
PEARS— Evaporated, 10%c.
CITRON—A. S. drum, 14%c; fancy
Corsican, in 10-pound boxes, 14%c.
CURRANTS—BarreIs. 7c.
sugar.
Cut loaf 5.87
Cubes 5.42
XXXX powdered 5.32
Powdered 5.32
Fine granulated 5.17
Confectioners' A 5.02
White Extra C 4.82
Golden C 4.62
Coffee.
Java 24 c
Mocha 23%c
Peaberry 13 c
Fancy No. 1 12 c
Choice No. 2 11 c.
Prime No. 2 10 c
Good No. 4 9%c
Fair No. 5 9 c
Ordinary No. 6 B%c
Common No. 7 8 c
SALT —Car lots, 100 pounds burlap
sacks. 36c; 100-pound cotton sacks, 38c;
125-pound burlap sacks, 45c; 125-poun(l
cotton sacks. 47c; 150-pound burlap
sacks, 54c.
HIDES —Market, firm; dry flint,
14c; dry salted, 12c; green salted,
6%0.
WOOL—Firm; prime Georgia, free
of sand burrs and black wool, nomi
nal at 21c; black, 18c; burry, 10@12c;
wax, 26c; tallow, 4c: deer skin, 24c.
Hardware usd Balldlng Supplies.
LIME. CALCIUM PLASTER AND
CEMENT—Alabama und Georgia lime
In fair demand and sell at 85@0< a
barrel: special calcined piaster, $1.50®
1.65 per barrel, hair, 40.5 c: Koaedale
cement, $1.2001.26; carload lots, spe
cial. Portland cement, retail, $2 65;
carload lots, $2.0002.44.
LUMBER M irk<*t firm. Quotations
H.iwri ties, per M feet. slO.l/1011, hewn
ties (7xx*i%). 42< each; hewn ties
<6x), 2*c. switch lies, ll] M): mini
mum, easy *lse ysrd stock, $124114; car
sßls, 114016 ship stock. $22.
011/
Perfection Nlgosl OH ~,.,42 e
Aladdin I*entity l e
Wsiet WMt* e
*t*ndr<3 whits im
I> A I - rttf r rl■l .. J J
tj ■ **'•.,>,* ms drums 14%e
M JfMKfIIJMI If* ‘t § II €
•Hot fW I, Vi. H H dad large
|3 n ffai* MmJ, |j If
lb'/* -Mir**' Arm, D *§,
•* •" -94#, M,
f* Alt,M * ft l/t, lts44 ft #f I
VH%
Hides, Wax, Wool, Furs in Demand .
All Poultry good demand. Eggs good demand.
ACUDI IPU 9. DDH Wholesale Grocers and Liquor Dealers.
i LfinLlun 06 DllUif 111-113-115 Bay Street, West.
LEGAL SALES.
CITY" MAI tSIIAL’S SALU
City Marshal’s Office, Savannah,
Ga., March ISth. 1904.—Under and
by virtue of a resolution passed in
Council on the 16th day of March,
1904, anl published herewith, I will
offer for sale, at public outcry, on the
FIFTH DAY OF APRIL, 1904, the
same being the FIRST TUESDAY of
the month, before the door of the
Court House, in the City of Savannah,
Chatham County, State of Georgia,
and between the legal hours of sale
the following described property of
the City of Savannah, towit: Lot and
Improvements, known as the OLD
POWDER MAGAZINE, at the cor
ner of Magazine and Gwinnett streets,
at the minimum affixed price of fif
teen hundred dollars. The city re
serves the right to so much land
thereof as may be needed for Hall
Street. Terms cash, purchaser paying
for title.
HENRY E. DREESON,
City Marshal.
Resolution adopted at the meeting
of Council, March 16, 1904.
Resolved, That the City Marshal
be instructed to offer for sale before
the Court House on the First Tues
day of April, 1904, for not less than
fifteen hundred dollars, the Old Pow
der Magazine lot at the corner of
Magazine and Gwinnett Streets, with
Improvements, reserving so much
thereof as may be needed for Hall
Street.
RRENT MARKETS
BARBED WIRE—S3.IS per 100
pounds.
GUNPOWDER—Per keg, Austin
crack shot, $1.50; half keg, $2.50; quar
ter keg, $1.40; champion ducking,
quarter keg, $2.25; Austin smokeless,
half kegs, $3.45; quarter, $3.40; three
pound, $2.10; one pound, 75c; less 30
per cent, on smokeless.
Cotton Bagging and Ties.
BAGGING —Market firm; 1% pound,
7%@8%c; sea island bagging, 9%@10c.
TlES—Standard 45-inch urrov4, large
lots, $1.03@1.10; small lots, $1.15.
TWINE—Per pound, or hank, 14@
15c.
HAMS—Sugar cured, 13%@14%c; pic
nics. 7%c.
D. S. butts 6%
D. S. plates 7%
Western heavy bellies 8%
Eastern light bellies 8%
Eastern medium bellies 8%
Eastern heavy bellies ....8%
D. S. C. R. sides 8%
Smoked C. R. sides 8%
LARD—Pure, in tierces, B%e; 50-
pound tins and 80-pound tubs, B%c;
compound, in tierces, 7%c; 50-pound
tins and 80-pound tubs. 7%c.
Mi*cellii neons.
FlSH—Mackerel, half-barrels, No. 1,
$10.00; No. 2, $8.50; No. 3. $8.00; kits,
No. 1, $1.40; No. 2, $1.30; No. 3, $1.10;
codfish, 1-pound bricks, 6c; 2-pound
bricks, 5%c; smoked herrings, per box,
19@20c; Dutch herrings, in kegs, $1.10;
new mullets, half barrels, $4.00.
SYRUP—Market quiet; Georgia and
Florida syrup, buying at 22@23c; sell
ing at 26@27c; sugar house at 16%@
18c.
HIGH WlNES—Basis, $1.28.
HONEY—Fair demand; strained, in
barrels, 45c gallon.
OFFICIAL.
The Committee of Council on City
Lots invites bids until noon of April
25th, reserving the right to reject any
or all bids, for any or all of the fol
lowing lots of the old water works
tract, well located for manufacturing
purposes. Plats can be had on appli
cation to the city engineer:
Lot No. 5, containing- 4.7 acres.
Lot No. 7, containing 5.2 acres.
Lot No. 8, containing 5.2 acres
Lot No. 9, containing 4.2 acres
Lot No. 10, containing 4.2 acres
Lot No. 11, containing 4.5 acres.
Lot No. 12, containing 4.5 acres.
Portions of these lots are rented;
possession can be had on sixty days’
notice.
Lot No. 2, containing 6.1 acres. The
railroad track can be removed on
thirty days’ notice. The city reserves
the use, control and access to its wells
and the conduits therewith connected.
Lot No. 3, containing 4.3 acres. The
Northwest portion of this lot, 100 feet
by 100 feet, is rented at SSO per an
num until April 1, 1908. Lease can be
terminated by owner on one year’s
notice. Other portion is rented; pos
session can be had on sixty days’ no
tice. The city reserves the use, control
and access to its well and conduit
therewith connected.
Lots Nos. 4 and 6, containing 9
acres; five acres of which are leased
until March 25, 1912, with right of re
newal for five years at $250 per an
num. Other portion is rented; posses
sion can be had on sixty days’ notice.
J. ItOBT. CREAMER,
Clerk of Council.
LIQI'OR LICENSES.
City of Savannah, Office Clerk of
Council., Savannah, Ga., March 21,
1904. —The following applications to
retail liquor during the year 1904 were
read at meeting of Council March
16, 1904, and referred to the Commit
tee of the Whole.
J. ROBERT CREAMER,
Clerk of Council.
Application of V. Kikos to retail
liquor at southeast corner Broughton
and Reynolds streets. Referred to the
Committee of the Whole.
Application of Otto W. Nell to re
tail liquor at northeast corner Con
gress and Barnard streets. Referred
to the Committee of the Whole.
Application of Henry W. Kruger to
retail liquor at northeast corner of
Congress and Barnard streets. Refer
red to the Committee of the Whole.
Application of George Cooper for
permission to transfer his liquor li
cense from corner West Broad and
Gaston streets to No. 232 St. Julian
street. Referred to the Committee of
the Whole.
NOTICE.
City of Savannah, Mayor’s Office, Sa
vannah, Ga., March 26, 1904.—Notice
is herewith giver, to all parties inter
ested that, until further notice, the of
fice of the harbor master of the city
of Savannah will be located at No. 521
Bay street, east, where all business
connected with that department will
be transacted.
JAMES Mi BRIDE.
Harbor Master.
CITY I'ROPKRTT TO RBXT.
City Marshal l Office, Savannah, Oa,
Aug. t, 1903. For rent, the store and
warehouse at the northeast corner of
River and West Broad streets. For
particulars apply to
HENRY VS. DRWEHON,
City Marshal
An Opportunity
From March l„i |„ April 90th, lIHil
li|wclnlly Dat flutes to
California and
the Northwest,
YIA THE IUH I JIF.lt .V PACIFIC.
tJc.PI.nM h'i'ile Meat IsplM.
tt ltO MS.
4. V. VAN It I YftailAKtt,
o*i*erl Agent,
ft pMMftUW •*.,
„ . . Atlanta Us.
Announcement
Extraordinary
Southern Railway.
Special Rates for
Special Occasions
During Summer
Season, 1904.
We will sell reduced rate tickets
for the following special occasions
during the summer of 1904, in addi
tion to regular summer excursion tick
ets to summer resorts and for other
occasions to be announced later, and
will be glad to have you patronize our
line and we will afford the very best
possible service and accommodations.
TO BUFFALO, N. Y.,
AND RETURN.
International Convention Y. M
C. A.. May 11-16, 1904. Tickets
on sale May 8, 9 and 10, good to
return leaving Buffalo until May
23, 1904. One fare plus fifty (50)
cents for the round trip.
TO NASHVILLE, TENN.,
AND RETURN.
Annual meeting Southern Bap
tist Convention and Auxiliary
Societies, May 1'2,-18, 1904. One
fare plus twenty-five (25) cents
for the round trip. Tickets on
sale May 10, 11 and 12, good to
return ten (10) days from date
of sale. By deposit of tickets
with agent at Nashville and pay
ment of 50 cents tickets may be
extended for return passage un
til June 6, 1904.
TO CARTHAGE, MO.,
AND RETURN.
Annual meeting German Bap
tist Brethren. May 19-27, 1904.
One fare plus fifty (50) cents
for the round trip. Tickets on
sale May 18 to 24 inclusive, good
to return until May 30, 1904.
By deposit of tickets with agent
at Carthage tickets may be made
good to return until June 30,
1904.
TO KNOXVILLE, TENN.,
AND RETURN.
Summer School, June 28-Aug.s,
1 904. One fare plus twenty-five
(25) cents for the round trip.
Tickets on sale June 26, 27 and
28, July's, 6, 11, 12. 18 and 25,
good to return fifteen days from
date of sale. By deposit of tick
ets with agent at Knoxville and
payment of 50 cents final re
turn limit may be extended until
Sept. 30, 1904.
TO ATHENS, GA.,
AND RETURN.
Summer School. July 5-Aug. 6,
T 904. One fare plus twenty-five
(25) cents for the round trip.
Tickets on sale July 2,3, 4, 11
and 18. good to return 15 days
from date of sale. By deposit
of tickets with agent at Athens
and payment of 50 cents return
limit of tickets may be extended
until Sept. 30, 1904.
TO DETROIT. MICH.
AND RETURN.
Baptist Young Feople’s Union
of America, Intel-national Con
vention, July 7-10, 1904. One
fare plus 50 cents for the round
trip. Tickets on sale July 5, fi
and 7. Final return limit July
12, 1904. By deposit of tickets
with agent at Detroit and pay
ment of 50 cents return limit
may be extended until Aug. 15.
1904.
TO ATLANTIC CITY, N. J.,
AND RETURN.
Imperial Council Ancient Arabic
Order, Nobles of the Mystic
Shrine, July 13-15, 1904. One
fare plus SI.OO for the round
trip. Tickets on sale July 10
and 11, good to return July 23,
1904. By deposit of tickets with
agent at Atlantic City and pay
ment of fee of 50 cents return
limit may be extended until
Aug. 3, 1904.
TO LOIISVILLE, KY„
AND RETURN.
Biennial Conclave Knights of
Pythias, Aug. 16-20, 1904. One
fare plus twenty-five (25) cents
for round trip. Tickets on sale
Aug. 12, 13. 14 and 15, good to
return until Aug. 25. 1904. By
deposit of tickets with agent at
Louisville and payment of „50
cents return limit may be ex
tended until Sept. 15, 1904.
TO ST. I.OITS, MO.,
AND RETURN.
World’s Fair, April 30 to Dec.
1. 1904. Special low round trip
rates will be announced later.
TO SEASHORE RESORTS:
Virgina Beach, Old Point Com
fort, etc. Summer Excursion
rates to be announced later.
TO MOUNTAIN RESORTS:
Lake Toxavay, “Sapphire Coun
try." Asheville, “Land of the
Sky,” Country and Virgina
Mountain resorts. Summer Ex
cursion rates will be announced
later.
The SOUTHERN RAILWAY is the
best way. Superior passenger accom
modations. Best coaches.. Most con
venient through sleeping car service
and the best (lining ear service In the
world.
For information apply to
E. G. THOMSON, C. P. & T. A., 141
Bull street.
DR. PERKINS’
-American Herbs-
Guaranteed to Cure
Asthma, Lungs, Rheumatism.
Kidney Disorders. Liver Complaint,
Constipation, Sick and Nervous
Headache, Neuralgia, Dyspepsia,
Fever and Ague, Scrofula, Female
Complaints, Nervous Affections,
Erysipelas. Catarrh, and all dis
eases arising from Impure blood.
Mail orders sl.lO. Office, No. 15
Congress street, west.
PROF. R. L. GENTRY,
Savannah. Ga.
BUSINESS LOCALS,
Gilbert W, Allen, real estate
agent; estates managed; rents
collected, and repairs made without
extra charge. 1 respectfully sslc a
■bars of your business 21 East Bay
sirest.
Mast bargains in my property by w.
S. Miecsiiy, Jr., 20 Bryan street Tou
will consult your swi interest by oee-
Ing him for full partleuiars.
If you art hard to pisaoo In toeing
your pictures framed, (alts them o
Ladev*ss a srtors export workman ore
orrpiuyed Pries* tho lot* eat know a
11 Congress otrsou oook