The Savannah morning news. (Savannah, Ga.) 1900-current, March 30, 1904, Page 10, Image 10

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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