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HEAVY SPOT SALES
WERE EE.4TI RE t>F DAY'S TRANS
ACTIONS AT COTTON EXCH ANGE.
SPINNERS IN MARKET
OR ELSE OWNERS OF THE STAPLE.
are tired of holding it
Wrf Two Rumor* Ottered In Expla
nation of the I nusnnlly Large
lnquiry and Sale* in F.
O. 11. Deportment Though Trade
Not Very Active on Advancing
Price Demanded by 1 nterior—4en
ernl Ad%nnee in Fnture* and spot*
Except at Liverpool.
AT TIIE CLOSE.
FI TI RES:
Liverpool, 1 to 3 Point* Down.
New York. 22 Point* l p.
Nets* Orleans. 30 Point* I p.
SPOTS:
Liverpool. 6 Point* I p.
New York. 23 Point* Ip.
New Orleans. 3-1 tie I p.
Savannah.lnrhangrd.
There was more business in the local
cotton market yesterday than has been
shown since the dull season began. Just
the reason for it is a matter of specu
lation. one rumor having it that spin
ners have again entered the market
for supplies, while another is to the ef
fect ihat some of those carrying cot
ton have become tired of the burden
and decided to unload a part of it.
Whatever the cause, spot sales yes
terday amounted to 1.177 bales.
In the f. o. b. department there was
some inquiry, and a few gales, though
as a rule the exporters wouldn't bid
quite up to the price demanded by the
interior. In the morning this was ll%c
on a basis of good middling, but in
sympathy with the general advance in
other departments of the market this
price moved up an eighth of a cent at
a time until late in the afternoon it
was 12%c. Liverpool futures closed I@3
points down and Savannah spots re
mained unchanged, but with these ex
ceptions both futures and spots were
well up at all the chief markets at
the close of the day's business.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterdayj
| 1:00 j Year
Grades. j P M.j_Ago._
Good middling 11% |12%
Middling |ll% [ll%
Low middling ,11 ,11%
Tone ! * |x
'Quiet and steady; xflrm.
Sales, 1.177.
Exports—
Coastwise 2,311
Receipts yesterday 194
Last year .. 433
Year before last 1,371
Receipts since Sept. 1 1.129,306
Receipts same time last year ..1.294,546
Stock yesterday 29.840
Stock last year 10,620
Receipts and Stocks at All Ports—
Receipts yesterday 2,927
Same day last year 3,043
Same day year before last 3,313
So far this week 14,292
Last year 13,071
Year before last 23,984
Receipts since Sept. 1, 1903 7.018,600
Last year 7,613,333
Stock at all ports yesterday .. 250,342
Stock same day last year 273.235
Sea
Receipts Past Week: Ulpand. Island.
C. of Ga 927 2
S.. F. and W 18S 6
C. and S 22
Southern 1,269 ....
S. A. L 7S
Exports ....
Continent 2.298 ....
Coastwise 2,238 352
Total 4,536 352
DAILY COTTON MARKET.
Galveston —Steady; middling, 12%:
net receipts, 546; gross, 546; stock, 12,-
892
Norfolk—Net receipts, 310; gross, 310;
stock. 3,400.
Baltimore—Nominal; middling, 11.75,
net receipts, 96: gross. 96; stock, 864.
Exports—Continent, 500.
Boston —Quiet; middling, 11.90; net re
ceipts, 25; gross, 60.
Wilmington—Nominal; net receipts,
1; gross, 1; stock. 322. Exports—Coast
wise, 1.
Philadelphia—Steady; middling, 12.40;
stock. 797.
Savannah—Steady; middling, 11%;
net receipts, 194; gross, 194; sales, 1,177;
stock, 29,840. Exports—Coastwise, 2,341.
New Orleans —Firm; middling, 12;
r.et receipts, 1,507; gross, 1,507; sales, 3,-
100; stock. 136,517. Exports—Coastwise,
200, continent, 1,100.
Mobile—Nominal; middling. 12%; net
receipts, 1; gross. 1; stock, 1,097.
•Memphis—Steady; middling, 11%;
net receipts, 53; gross, 544; sales, 1,050;
stock. 22,373.
•Augusta—Steady; middling, 11 9-16;
net receipts, 95; gross, 95; sales, 410;
stock, 11,158.
Charleston —Nominal; stock, 2,229.
•Cincinnati—Net receipts, 117; gross,
117; stock. 5,623.
•Louisville—Firm: middling, 11%;
net receipts, 2; gross, 2; stock. 205.
•St. Louis—Steady; middling, 11%;
net receipts, 17; gross, 535; stock, 12,022.
•Houston—Steady; middling, 11%; net
receipts, 166; gross, 166; stock, 7,823.
New York—Steady; middling, 12.15;
gross receipts, 232; sales. 293. stock,
62,679. Exports—Great Britain, 1,000;
continent, 900.
Newport News—Net receipts, 179;
gross. 179. Exports—Coastwise, 435.
Wilmington—Add 6S bales to net this
week and 8 to last net since Sept. 1
Total To-day. at All Seaports—Net
receipts. 2.859; exports. Great Britain,
1.001; continent, 2.500; stock. 250,342.
Consolidated, at All Seaports—Net
receipts, 14.292; exports, Great Britain.
23,841; France, 401; continent, 5.178;
Mexico, 1,007.
Total Since Sept, 1, at All Seaports—
Net receipts, 7,418.600; exports. Great
Britain. 2,386.535; France, 680,453; conti
nent. 2.492.218; Japan, 41.936: Mexico,
26.678.
•Not Included In totals.
SEA ISLAND COTTON.
Fancy East Floridas 28
Fancy Floridas 28
Extra choice Floridas 26 @26%
Choice Floridas 24 @24%
Fancy Georgias 26%@27
Extra choice Georgias 24
Choice Georgias 22 @23
Extra fine Ga.'s and Fla.'s ..21
Fine Ga.’s and Fla.'s 20
Common Ga.'s and Fra.'s ....18
__ ~ ~~~ '' 1 1904 | l 903~
Receipts, gross I si 260
Receipts, net | 8 250
Bade* 254 340
Export* I 352 846
Stock 10,(584 7,308
Receipts, reason 49.268 74,680
Receipts season, net 47,779 72,532
Shipments—
Domestic, via New- York ,J 150 171
To Boston 202 1
Manchester, vis I'hila.dslph'a ...I 225
Mancheeter, via New York i . 350
Liverpool, via Phlladelphra.. 100
To ‘“ l I 352 j 646
Hayward, Vick & Cos.,
COTTON, STOCKS, BONDS.
GRAIN. PROVISIO NS AND COFFEE. "~i ] jtUt i'
New York Correspondents, MEMBERS:
J. H. PARKER A- CO. New Orleans Cotton Exchange.
Chicago Correspondents: New Orleans Future Brokers As’n.
BARTLETT. FRAZIER A New York Cotton Exchange.
CARRINGTON. New York Coffee Exchange.
New Orleans Correspondents: I Chicago Board of Trade.
HOME OFFICE. | Associate Member Liverpool Cotton
BOTH TELEPHONES 530. I Association.
With our Private Wires to New York, New Orleans ar.d Chicago, we
can execute all orders on the several exchanges with unequalled dispatch.
J. M. McCORD, Manager, KYI Bay St.. East. Savannah. Ga
Charleston, g. C.. June 10.—Sea is
land cotton: Receipts, none: exports,
none sales. none; stock. 126 bags.
JULY OPTIONS SHOWED
UNUSUAL STRENGTH.
New York. June 19.—The cotton mar
ket opened weak at a decline of 4@7
points under liquidation by some of
yesterday s buyers who were discour
aged by the lower cables and a rather
more favorable weather map than ex
re :ed. July, which had shown con
slderabie firmness on the previous day.
was particularly weak, and soon after
the opening declined to 11.40 c under
selling by commission houses, this be
ing a net decline of 23 points, while
the new crop sold to a net Idas of 10®
12 points.
But around the lower figures a very
good demand developed, which gradu
ally rallied prices. It is reported that
some exporting was to be made from
the New York stock, including 1,900
bales to go out to-day, and this drew
attention to the small contract sup
plies at this center, while the fore
cast called for continued rains in the
cotton territory and promoted cover
ing for over Sunday.
At any rate, prices, after the open
ing break, worked quite steadily up
ward and, catching stop orders in the
early afternoon, caused a rapid ad
vance, which carried July to 11.97 c, or
57 points up from the lowest of the
session and a net gain of 34 points,
while October and December sold up
to 9.98 c and 9.92 c, respectively, net
gains of from 19 to 20 points. Trading
was feverishly active on the advance,
but demands seemed to be pretty well
filled up at the gains mentioned, and
in the last half hour prices showed
a declining tendency under profit-tak
ing by room longs.
The market was finally steady at a
net gain of 11@22 points, with July
leading the advance. Sales were esti
mated at 450,000. The buying was in
part of a very good character, coming
from spot houses and various trade
interest, while brokers who have re
cently been operating for the Wall
street interest were free and open buy
ers of July and August. Aside from
the unsettled condition in the South
west the weather was favorable, and
private crop accounts are excellent.
SHOT COTTUS AT NEW YORK.
New York, June 10.—Cotton—Spot
closed steady, 25 points higher; mid
dling uplands, 12.15 c; middling gulf,
12.40 c; sales, 293 bales.
Cotton futures at New York, June
10.
Options. | Open.| High., Low.| Close.
June j ..... | 11.74 I 11.33 | 11.73
July I 11.58 j 11.97 11.40 | 11.85
August ....] 11.18 | 11.54 11.01 j 11.40
September .j 11.06 j 10.42 10.00 | 10.25
October ....I 9.75 4 9.98 i 9.69 i 9.90
•November . 9.62 | 9.75 ) 9.75 j 9.82
December ... 9.66 | 9.92 j 9.60 j 9.31
Jainuary ...j 9.68 10.00 I 9.67 1 9.89
•Bid.
Futures, opened weak: closed, steady.
NEW ORLEANS COTTON MARKET.
New Orleans, June 10.—Cotton futures
steady. June, 11.99 c bid; July, 12.00®
12.11; August, ll.40@ll.41c; September.
10.14@10.15e; October, 9.73@9.74c; No
vember, 9.65@9.67c; December, 9.65®
9.66 c; January, 9.73@9.75c.
In tile spot cotton market there was
an active demand, but with scant of
ferings. Sales. 3,100 bales, including 500
f. o. b. Quotations revised. Middling
and higher grades advanced 3-16 c and
lower grades %c.
Futures opened steady, with prices
2@12 points lower. The cotton sold
short yesterday was liquidated to-day
and had the effect of holding the de
cline within moderate bounds as the
covering commenced on the opening.
For a short time after tfie opening the
market was fairly active, and bears
were aggressive. The bulls offered no
support. New York was a buyer of
July in this market, and that option,
after losing 19 points from yester
day's close at 11.51 c, was advanced to
12.14 c, but later eased oft to 12.09 c.
The market closed firm. Net gains were
June and July 39 points each, August
26 and the new crop positions, 12@15
points.
LIVERPOOL COTTON MARKET.
Liverpool, June 10.—Spot cotton
quiet; prices 6 points higher; American
middling fair, 6.92d: good middling,
6.78d; middling, 6.68d; low middling,
6.54d; good ordinary, 6.40d; ordinary,
6.20d. The sales of the day were 5,000
bales, of which 200 were for specula
tion and export and Included 4,140
American. Receipts, 10,000 bales, In
cluding 600 American. Futures opened
quiet and steady and closed quiet:
American middling, good ordinary
clause, June, 6.43d; June-July, 6.35d;
July-August, 6.29d; August-September,
6.07d: September-October, 5.56d; Octo
ber-November,s.32d; November-Decem
ber, 5.25d; December-January, 5.23d;
January-February, 5.22d.
WARE A LELAND
Relieve It Wtdoin to Play the Long
End.
New York, June 10.—Throughout the
week the cotton market has furnished
evidences of its sold out condition. Not
withstanding the general favorable ten
or of the crop reports, and the favor
ing weather conditions, prices have re
fused to go lower and at times there
have been rather violent advances.
When the cotton market gets thor
oughly long it needs no change In sur
roundings to warn conservative traders
that a break is likely at any time
should holders attempt to take profits.
In the same way a market short to
an extensive degree Is quite apt to re
act If even a few shorts attempt to
convert paper into real profits. If it
were true that prices would continue
to decline Just as long as conditions
surrounding the growth of the new crop
were favorable, why. it would not be
long before the Southerner would have
to pay people to take cotton off his
hands instead of cotton being worth
something. In other words, cotton has
a value and the market appears to
have reached the point where it Is the
policy of wisdom to play the long
rather than the short side. The gov
ernment report was better than ex
DEMERE L HAMMOND, Bro Hers,
Phones 1505 Office No. 24 Bryan street, East.
COTTON. STOCKS. BONDS. GRAIN AND PROVISIONS
Direct (’rivals Hl rm to Uadliif tuiiantn.
LOCAL IIHWHITIKI A SPECIALTY
SAVANNAH MORNING NEWS: SATURDAY. JUNE 11. 1904.
pected, and. in fact, better than the
majority believe the real condition was
on May 25. Since then generous rains
have fallen in the Atlantic coast region
just where they were most needed.
About the only drawbacks that can be
mentioned are the excessive rains in
Northern Texas and the territories and
the boll weevil in Southwestern Texas.
As compared with the outlook before
the rains came, it must be admitted
that the situation has undergone de
cided improvement. This fact has in
duced more short selling than we have
seen in the market in two or three
years. Here lies the danger. As long
as the crop conditions ase favorable a
bull movement can't be expected, but
with the market loaded to the muzzle,
with short cotton and change in crop
prospects would cause an explosion.
Both new and old crop months are
now selling lower than they were last
year at this time. It may be that ex
cellent crop prospects will cause later
on another downward movement, but
in the meantime there is likely to be
more or less of a readjustment, and
during this process cotton can safely
be purchased on every break. At 9%c
new crop months have discounted a
larger yield than any ever raised in
this country. In view’ of the fact that
there is still before us the entire month
of July, of August, of September and
of October, before any knowledge of
the size of the -crop can be obtained,
it would seem as though a sufficient
number of chickens had been counted
before they had been hatched to war
rant a very conservative policy on dis
counting the situation further. The dry
goods situation is not such as to lead
to a bull market, but sentiment is so
universally bearish at present that
there is likely to be as much difficulty
in cashing In profits on that side of
the account as there was in attempting
to take profits on the long side during
the inflated period.
CURRAN A CO.
Say Rig Interest* Figured In Old
Crop Month*.
New York, June 10.—The cotton fu
ture market opened rather weak In
tone to-day with first prices at a de
cline of 4 to 7 points. There was fur
ther loss immediately as a result of
scattered liquidation. There was also
some bear pressure encouraged by the
relative weakness in Liverpool market.
The weather map noted favorable con
ditions and the crop conditions were
interpreted as quite favorable. The
July option continued to attract con
siderable attention, but the fluctuations
were wide and the operations indicated
that only the larger and more im
portant Interests were operating in the
old crop months. The observers gen
erally figured that the old crop months
would continue to move in a highly er
ratic manner pending more definite In
formation as to the actual market posi
tion of the professional interests, which
are now active. As the day wore on
the market ruled a trifle steadier, but
up to the last there was considerable
irregularity, and much difference of
opinion among the trading element.
Business as a whole of moderate pro
portions. Spots were quiet and steady.
In latter part of the day the market
was rather nervous. The weekly sta
tistics on the whole were about as
looked for. The action of the mar
ket has been about as we predicted in
our recent letters. We would only
advise selling on a sharp bulge, and
then take profits quickly, in other
words, in our opinion, we think cotton
has sold low enough for the present.
J. H. PARKER & CO.’S
Daily Cotton Letter to Hayward,
Vick A Cos.
New York, June 10.—Liverpool ca
bles fully responded to our advance
of yesterday, but our opening was
disappointing, and prices declined
about 10 points in the forenoon, trad
ing being very light and professional.
There is no evidence of increased
outside buying, but sales are not made
with the same confidence under 9%c
that they were when prices were above
10 cents. Some large dealers in spot
cotton were thought to be good buy
ers of October and December in the
early afternoon. It looked again to
day as if professional traders who had
recently closed out were using every
effort to engineer an advance In the
new crop position for the purpose of
putting out new short sales, and they
were partially successful this after
noon, as prices rushed up to the high
est point of the week.
The weather crop news was almost
entirely of a favorable tenor, and aside
from the boll weevil In Texas, the crop
is doing about as well as could be ex
pected. The old crop options have
shown more strength than the later
options, the talk is revived of manipu
lation for higher prices. Wo, how
ever. do not think the Interest In these
options is large, and it is late to un
dertake a squeeze or corner, and we
believe their future course will depend
largely upon whether the spot demand
Improves.
We think It safer to trade in the
later options, and while further reac
tion may take place, we believe fur
ther declines will take place as long
as weather reports continue favorable.
MILLER A CO.’S
Cotton Letter to Deinere A: Ham
mond.
New York, June 10.—During the aft
ernoon the cotton market has been the
strongest of the day. showing good
advance, due to some future buying
by spot houses, which frightened the
shorts, who rushed to cover, and thus
helped the local bulls to push prices
up. It has been claimed by well-post
ed parties recently that there was a
very large weak short Interest In the
far months, and this Is rather con
firmed by the quick advance in the
entire list. New Orleans bulls were
large buyers during the day, and at
present it looks as though there would
be & still further advance. Just at
present the very diminished stocks of
cotton in New York is attracting at
tention. It being one-third of what It
was last year. This will have effect
on July options. Better demand re-
ported for spots in the South at %c
advance. The week-end statement was
without special feature, except that
port receipts exceeded last year. Port
receipts to-morrow probably 1,800
bales, against 1,600 last year. On New
York’s close to-night Liverpool is some
15 to 20 up on old crop, and 10 up on
new Saturday.
WEEKLY COTTON MARKETS.
Receipts Ports Past Week —The fol
lowing table shows receipts a.t ail
United States ports for the past week
and the corresponding week last year:
Week ending, June 10 — j 1904. |_1903.
Galveston | 2,705| 1,286
New Orleans 5.6.’0j 6,942
Mobile I 1,424] 126
Savannah | 2,492| 2,265
Charleston | 126| 1
Wilmington : 117 50
Norfolk 1,200, 540
Baltimore | 212] 375
New York j 156 j 603
Boston | 38| 383
Philadelphia | 23|
Pensacola | | 500
Newport News | 179;
~Tot*i 14,2>2| 13.071
Receipts Pints This Season—The fol
lowing table shows receipts at all U.
S. ports since Sept. 1, 1904, and for the
same time iVist year:
Since Sept] L | 1904. 1 1903.
Galveston |2,329,363(2,084, 014
New Orleans (1,945,316;2,251,084
Mobile 96,928 210,284
Savannah |l, 127,064(1,291,449
Charleston j 154,026; 209,503
Wilmington j 321,105 ; 327,566
Norfolk | 467,953, 504,006
Baltimore 27,538; 45,191
New York j 42,077; 56,079
Boston | 29,786, 97,476
Philadelphia 13,656; 25,993
Pensacola 125,608 133,396
Portland, Me 27j 2,527
Brunswick 96,787; 119,535
Newport News 15,185] 14,953
Port Arthur 55,466, 86,711
Ran Francisco 14,369, 35,447
Port Townsend 26,912, 89,484
Fernandina 1,203 ( 450
Eagle Pass 12,672| 12,648
Corpus Christi 18,389; 12,698
Portland, Ore 1,200|
Nogales, Ariz 1,098|
El Paso 912]
Total ..._. _ (7,024,640(7,610,494
Comparative Cotton Statement-
New York, June 10.—For the week
ending Friday, June 10:
Net receipts at all U. S. ports
during week 14,292
Net receipts at all U. S. ports
same week last year 13,071
Total receipts since Sept. 1 7,018,600
Total receipts to same date last
year .7,613,333
Exports for the week 30,427
Exports for same week last
year 15,753
Total exports since Sept. 1 ....5,627,820
Total exports same date last
year 6,370,824
Stock at all United States.ports 250,342
Stock at all U. S. ports same
time last year 273,255
Stock at all Interior towns .... 128,102
Stock at all interior towns same
time last year 69,821
Stock at Liverpool same time
last year 593,000
Stock of American afloat for
Great Britain same time last
year 32,000
The following statistics on the move
ment of cotton for the week ending,
Friday, June 10, were compiled by the
New York Cotton Exchange.
Weekly Movement.
This Last
year. year.
Port receipts 14,243 13,279
Overland to mills and
Canada 4,218 6,014
Southern mill takings
(estimated) 19,000 22,500
Loss of stock at in
terior towns 12,223 7,447
Brought into sight for
the week 25,238 34,346
Total Cron Movement.
Port Receipts 7,020,729 7,643,299
Overland to mills and
Canada 911,334 1,046,748
Southern mill takings
(estimated) 1,771,000 1,782,000
Stock at interior
towns in excess of
Sept. 1 112,783 6,680
Brought into sight
thus far for season .9,815,846 10.478,727
Stock of cotton at all ports, .Tune 10,
1904, and on the same day of the week
last year; _
~Ports— 1904.(1903^
New Orleans 136,5171 73,584
Mobile 1.097 [ 1,840
Galveston 12.897( 11,701
Savannah 29,840! 11,073
Charleston 2,229 412
Wilmington 322 j 397
Norfolk 3,4001 1,750
New York 62,679,168.838
Other ports 1,361} 3,660
Total" 250,342 273,255
WORLD’S VISIBLE SUPPLY.
New Orleans, June 10.—Secretary
Hester’s statement of the world's
visible supnly of cotton issued to
day shows the total visible to be
2,308,041 against 2.444,513 last week
and 2.470.880 last year.
Of this the total of American cot
ton Is 1,277,041 against 1,373,513 last
week, and 1,361.880 last year, and
of ail other kinds including Egypt,
Brazil, India, etc., 1,031,000 against
1,071,000 last week, and 1,109,000 last
veer.
Of the world's visible supply of
cotton there is now afloat and held
in Great Britain and continental
Europe, 1,309,000 against 1,366,00 last
year; in Egypt 131,000 against 48,-
000 last year; in India, 487,000 against
703,000 last year and in the United
States 381,000 against 354,000 last
year.
HESTER'S WEEKLY STATEMENT.
New Orleans, June 10.—Secretary
Hester's weekly cotton statement, is
sued to-day, shows for the ten days
of June a decrease under last year of
16,000, an increase over the same pe
riod year before last of 1,000.
For the nine months and ten days
of the season that have elapsed the
aggregate Is behind the same days of
last year 685,000 and behind the same
days year before last of 316,000.
The amount brought into sight dur
ing the past week has been 29,081 bales,
against 41,806 for the seven days last
year, and 41,054 year before last.
The movement since Sept. 1 shows
receipts at all United States ports to
be 7,025,139. against 7.618,372 last year.
Overland across the Mississippi, Ohio
and Potomac rivers to Northern mills
and Canada, 902,855, against 1,059,675
last year; interior stocks in excess of
those held at the close of the com
mercial year, 10,736. against 7,674 last
year; Southern mills takings, 1,701,000,
against 1,737,786 last year.
The total movement since Sept. 1 is
9,738,730, against 10,423,503 last year.
Foreign exports for the week have
been 31,607, against 17,956 last year,
making the total thus far for the sea
son 5,735.101, against 6,492.630 last year.
The total takings of American mills,
North, South and Canada, thus far
for the season have been 3,803,382,
against 3,803,949 last year.
Stocks at the seaboard and the
twenty-nine leading Southern interior
centers have decreased during the
week 39,385 bales, against a decrease
during the corresponding period last
season of 17,919.
Including stocks left over at ports
and interior towns from the last crop
and the number of bales brought into
sight thus far from the new crop, the
supply to date Is 9.906,529. against 10,-
638.581 for the same period last year.
SPIRITS ARE FIRM
NO CHANGE IN MARKET HOURS,
BUT SLIGHT ADVANCE LATER.
ROSINS CONTINUE TO RISE.
LOWER GRADES OPENED HIGHER
AND WENT UP IN AFTERNOON.
Firm Tone In Spirit Market Not Al
together Expeeteil by Exporter*.
Advance In Ko*ln* Wn* 5c on
Lower Grade* at Opening of Mnr
ket and 2%c on Same Grade*, From
I Downward, In Afternoon Trad
ing, With Pale* Selling at Ontaide
Price.
Despite the break in the spirit market
Thursday afternoon and the current be
lief among buyers that it was due to
come down again yesterday on closing
it opened firm 52%c, the closing price
of the day before, with sales of 332
casks, and closed firm and unchanged
with further sales of 39 casks. The
trading after market hours developed
the fact that there is an a strong
undertone to the market for the
afternoon receipts were all taken and
generally at a slight advance over clos
ing prices. The receipts for the day
were 1,007 casks and the exports, 903.
Rosins maintain the exceptionally
firm tone that has been the feature of
that market for more than a week.
They opened at the closing figures of
the day before so far as the higher
grades are concerned and an advance
of sc, on I downward inclusive, with
sales of 1,740. The close was firm
and unchanged without further sales.
In the afternoon the market was swept
at an advance of 2%c. on all grades
from I downward inclusive and the
outside for W. W., and W. G. The
receipts were 2,196 barrels and the ex
ports, 1,682.
Yesterday -was the first time In many
months that an advance or decline of
less than 5c has been made.
NAVAL STORES STATEMENT.
Spirits. Rosins.
Stock April 1 6,495 44,550
Receipts yesterday 1,007 2,071
Receipts previously 42,091 104,745
Total 49,593 151,366
Exports yesterday 540 1,582
Exports previously 35,386 117,189
Total 35,926 118,771
Stock yesterday 13,667 32,595
Stock last year
J Yester- Day Last
SPIRITS. I day. Before Year.
Spirits 52%| 53 | 46
Spirits 1 Firm. | Steady. | Firm-
Sales | 371 | 402 | 245
Rosin | Firm. | Firm. Steady.
w. W 4.60@4.55|4.50@4.5S 3.40
W. G 4.05@4.10 4.05@4.10 3.10
N 3.85 3.85 3.00
M 3.65 3.65 2.95
K 3.40 3.40 2.85
1 3.25 3.20 2.80
K 3.00 2.95 2.30
G. • 2.90 2.85 1.90
F 2.85 2.80 1.85
E 2.80 2.75 1.80
D 2.75 2.70 1.75
A. B. C... 2.70 2.65 1.70
Sales 2,748 1,740 4,895
Range of Turpentine—
-1903-04.11 1902-03. 1901-02.
Rosins— j j ll_J_ il I__
W. W |3.30 4.75|!3.5014.251(2.25 3.95
W. G (3.1014.40(!3.25|3. 85112.00(3.70
K 12.80| 4.15| |2.40j 3.20| (1.6512.45
F 1.65|2.90||1.20|2.10| 1.10(1.50
D |1.55|2.80;[1.10(2.05(11.00; 1.40
Spirits. ~
1904-1903.
Stock April 1 6,495 1,241
Receipts past week 7,186 6,146
Receipts previously 35,912 43,555
Total 49,593 50,942
Exports—
Foreign 9,990 17,428
New York 10,740 10,000
Coastwise and interior .. 15,196 15,076
Total ... 35,926 42,504
Stock on hand 13,667 8,438
Rosins.
1904-1903.
Stock April 1 44,550 145,882
Receipts past week 15,742 13,678
Receipts previously 19,074 81,894
Total 151,366 241,454
Exports—
Foreign 31,540 66,913
New York 23,136 13,001
Coastwise and interior .. 64,095 76,907
Total 118,771 156,821
Stock on hand 32,595 84,633
IN OTHER MARKETS.
Charleston, S. C., June 10.—Turpen
tine, firm, 52%c; sales none. Rosin,
firm, sales none. A, B, C, $2.55: D,
$2.60; E, $2.65; F, $2.70; G, $2.75; H,
$2.85; I. $3.10; K, $3.30; M, $3.55; N,
$3.75; W. G., $3.95@4.00; W. W., $4.40.
New York. June 10.—Rosin firm.
Turpentine steady.
Wilmington, N. C„ June 10.—Turpen
tine. firm; 52c; receipts, 134 casks.
Rosin, firm; $2.65; receipts, 302 bar
rels.
Tar, firm; $1.80; receipts, 23 barrels.
Crude turpentine, firm; $2.25, $4.00,
$4.25; receipts. 230 barrels.
New Orleans. June 10.—Receipts rosin
85 barrels; exports Genoa, rosin, 2,100;
turpentine, 1,000; Liverpool, rosin, 1,500;
turpentine, 220.
The War In a Nutshell.
The way to keep In touch with the
great events in the Far East is to get
the new and latest War Atlas Just is
sued and offered by the Morning News.
"The Rand McNally & Co.'s Russo-
Japanese War Atlas." showing Kussla
in-Europe and Russia-in-Asia, Japan
Korea. Manchuria and China, and the
entire operations in the Far Eastern
conflict. It contains seven double
page maps In colors, with index and
quick-finding scale for each map; a
list of all the chief cities, with popula
tion; fighting strength and reserves of
Russia and Japan. Sent by mail any
where on receipts of 25 cents.
The Dally and Sunday Morning
News 1 year and the War At
las 88.00
The Weekly News 1 year and War
Atlas 1.00
Savannah Morning News. Savannah,
Oa. —ad.
Do Yon Teel Ttredt
This is the time of year when nine
people out of ten feel broken down.
They feel tired after walking a block.
No appetite—peevish. It is worth a
gieat deal to be relieved of these ali
ments. And there is no aense in hav
ing them If they can be relieved. Now,
Greybeard la specially recommended in
these cases. It tones up the system.
Oivea you an appetite. Relieves the all
meat.
Oraybemrd la found at all drug etoree,
81 a bottle. 8 for 88. Oraybeard Pills—
little treasure*—Bß cents.—ad.
ORDERS, ORDERS!
We have for Wool, Wax, Hides and Furs.
—Ship them in
All UDI 10 U 9. DDH Wholesale Grocers and Liquor Dealers
i LflnUUn 0b DflUn HI-11 3-1 IS Bay Street, West. ’
THE CHASMAR KINC SUPPLY COT
126-130 Bay Street, West.
JOB BE RS.
BATH ROOM FIXTURES, SANITARY PLUMBING GOODS, WROUGHT
IRON PIPE. FITTINGS, etc. All supplies for STEAM. WATER and GAS.
Sole Agents for the celebrated HUXL EY VALVES.
GENERAL MARKETS.
New York,,®une 10.—Flour dull and
partially lower; Minnesota patent, $5.00
@5.35.
Rye flour firm; fair to good, $4.00@
4.25.
Corn meal steady.
Rye nominal.
Barley slow.
Wheat—Spot easy; No. 2 red, nomi
nal. Options opened firmer on show
ers In Oklahoma, but most of the day
were heavy, rallying near the close so
that last prices were only %@%c net
lower; July, 91%c; September, 84%c;
December, 83%c.
Corn—Spot easy; No. 2, 57%c. Option
market opened steady, and after a
break under bear pressure rallied with
wheat, closing %c net low'er and
steady; July, 54%c; September. 53c.
Oats—Spot steady; mixed oats, 26@
32 pounds, 45@47c.
Beef steady.
Cut meats quiet.
Lard steady; Western steamed. $7.09;
June closed, $7.00, nominal; refined
quiet.
Pork firm; family, $14.00; mess, $13.50
@14.00.
Rice firm.
Tallow steady.
Sugar—Raw steady; fair refining,
3%c; centrifugal 96 test, 3%c; molasses
sugar, 3%c; refined Bteady.
Coffee—Spot Rio steady; mild
steady. The market for coffee futures
opened steady in sympathy with
steady cables and closed steady at net
unchanged prices; sales. 32.250 bags.
Butter steady; creamery common to
extra, 13@18%c; state dairy common to
extra, 13@17%c.
Cheese weak; state full cream small
colored choice, 7%@7%c; small white,
7%@7%c.
Eggs steady; state, Pennsylvania and
near by fancy selected white, 20@21c;
Southern, 15@16c.
Potatoes firm; new Southern, $4.00@
5.00; state and Western sacks, $3.00@
3.25; Jersey sweets, $3.00@4.50.
Peanuts firm; fancy handpicked, 6c;
other domestic, 3%@6%c.
Cabbages easy; Southern barrel crate
?5c@51.25.
Cotton by steam to Liverpool, 12c.
CHICAGO MARKET.
Chicago, June 10.—Unofficial fore
casts that the government report on the
condition of growing wheat would be
bearish caused general liquidation of
wheat to-day. At the close July wheat
was down %@%c. Corn and oats are
both off a shade. Provisions are up
15 to 35c.
The leading futures ranged as fol
lows:
Opening. Highest. Lowest Closing.
Wheat No. 2
•July ...88 88% 86% 87%
••July ..86% 86% 85% 86%
•Sept ...82% 82% 81% 82%
••Sept ..81 81 80% 80%
‘Old. ••New.
Corn No. 2
June .... 47%
July ....48% 49% 48% 48%
Sept ....48 48% 47% 47%
Oats No. 2
June .... 41%
July ....39% 39% 39% 39%
SAVANNAH'S CURRENT MARKETS
Note —These quotations are revised
daily and are kept as near as possible
in acord with the prevailing whole
sale prices. Official quotations are not
used when they disagree with the
prices wholesalers ask.
POULTRY—Market, good demand;
springers, 25@40c per pair; three
quarter grown, 50@60c; hens, 70@75c.
EGGS—l4@l6c.
BUTTER —The tone of the market is
firm. Quotations: Extra Elgins, 60
tubs, 24@25c; choice Elgins, 22@23c;
renovated butter. 19c.
CHEESE—Market firm: New York
state, 21@22c; fancy full cream cheese,
22@25-pound, 11%@12c; 30 to 35-pound,
ll@ll%c.
WHITE PEA BEANS—S2.4O bushel.
POTATOES—S2.SO@3.OO.
ONlONS—Egyptian, in sacks, $3.00.
Brea<l*tnff*, Hay and Grata.
FLOUR Patent, $6.00; straights,
$5.65; fancy, $4.75@4.50; family, $4.85;
spring wheat, best patent, $6.40.
MEAL—Pearl, per barrel, $3.60; per
sack, $1.45; water ground. $1.56; Pearl
grits, per sack, $1.55; Pearl grits, per
barrel, $3.50; city meal. $1.50.
Grain Market*.
QUANTITIES— Jobs. Cars.
No. 2 white corn 77 76
Mixed corn 74 73
OATS—
No. 2 mixed 53 51
No. 2 white clipped 57 55
BRAN—
Pure wheat bran $1.45 $1.40
Mixed bran 1.35 1.25
Cracked corn 1.55 1.50
HAY—
No. 1 timothy 1.00 92%
No. 2 timothy 90 85
RICE— Market dull, fancy head, 4%c;
prime, 4@4%c.
Good 3%@3%
Fair 3 @3%
Common 2 @2%
Fruits and Nuts.
BANANAS—SI.7S@2.OO.
ORANGES —California navel, $3.25®
3.75.
WATERMELONS—IO@2Oc.
CANTALOUPES—BI.2SO2.6O a crate.
PEACHES—9Oc@BI.2S crate.
PLUMS—BI.2S@I.SO.
PRUNES—2Os to 30s, 13c; 30s to 40s,
10c; 40s to 50s, 8c; 50s to 60s, 784 c; 60s
to 70s, 6%c; 70s to 80s, 6c; 80s to 90s,
584 c; 90s to 100s, 484 c.
PEANUTS —Ample stock, fair de
mand; market firm; fancy hand-pick
ed Virginias, 7c; N. C. peanuts, 6c;
ex. Virginias, 6c.
NUTS —Almonds. Terragona, 1414 c;
Ivicas, 1284 c; walnuts, French, 1284 c;
Naples, 1484 c; pecans, 10c; Brazils',
9V4c; filberts, 11c; assorted nuts, 50-
pound and 25-pound boxes, 12c.
Dried and Evnpornted Fruits.
APPLES—Evaporated, 784 c; sundried,
584 c.
APRlCOTS—Evaporated, fancy, 13c
choice, 1084 c.
RASINS—L. L., 2-Crown, 81.85; 3-
Crown, $2.00; 4-Crown clusters. 82.76-
loose museatells, 8c; 1-pound seeded’
10?4c; imperial cabinets. 83 per box. ’
PEACHES—Evaporated, peeled, 16c
unpeeled, ,884 c. '
PEARS—Evaporated, 1084 c.
CITRON—A. S. drum, 1484 c; fancy
Corslcian, in 10-pound boxes, 1484 c
CURRANTS—BarreIs. 7c.
Sugar.
Cut loaf . ~
Cubes
XXXX powdered
Powdered
Fine granulated )”*"
Confectioners' A
White Extra C ,2
Mocha
PMb'rry ... ....Wu *
Sept ....31% 31% 31 311,
Mess Pork, per barrel—
July ...sl2 07% sl2 50 sl2 07% sl2 471;
Sept ... 12 30 12 65 12 30 12 62''
Lard, per 100 pounds—
July ... 6 62% 6 72% 660 6 72*4
Sept ... 680 690 6 77% 690 '
Short Ribs, per 100 pounds—
July ... 695 7 12% 695 710
Sept ... 715 735 7 15 730
Cash quotations were as follows-
Flour, quiet and steady. No. 2 sprint
wheat. 93@97c; No. 3, 86@95c; No. 2 red
$1.05@1.06. No. 2 corn, 48%c; No. 2 yel
low. 50c. No. 2 oats, 45%c; No. t
white, 41%@43%c. No. 2 rye, 75c. Good
feeding barley, 38@42c; fair to choice
malting, 45@56c. No. 1 flaxseed. $1 00
No. 1 Northwestern. $1.07. Prime time/
thy seed. $2.95. Mess pork, per barrel
$12.35012.40. Lard, per 100 pounds’
$6.C5@6.67%. Short ribs sides (loos.
$6.87@7.12. Short clear sides (boxed/
$6.75 @7.00. Whisky, basis of high
wines, $1.28. Clover, contract grade,
Receipts Wheat, 48,000 bushels
corn, 533,600 bushelsr oats, 110,200 busl/l
els.
COTTON SEED OIL.
New York, June 10.—Cotton seed oil
developed weakness on freer offerings
and liquidation. Business was fairly
active at the lower prices. Prime crude
f. o. b. mills 21c nominal; prime sum
mer yellow, nominal; prime white, 32c,
prime winter yellow. 33c.
DRY GOODS.
New York, June 10—The dry goods
market is still in a lingering state, al
though sellers are hopeful of an im
provement next week upon the an
nouncement of prices on certain lines.
Round Trip Ticket* to 'Washington
Via Atlantic Coaat Line.
Effective May 15, Atlantic Coast Line
will sell round trp tickets to Washing
ton at rate $28.40, good to return to and
including Oct. 31, 1904. Florida and
West Indian Limited leaves Savannah
2:15 p. m. city time, arrives Washing
ton 7:54 a. m.; only 17 hours and 39
minutes; 2 hours and 16 minutes quick
er than any other line. —ad.
Graybeard.
Now comes that season when you
are tired after walking ten steps. You
ache. You are fretful. No appetite. It
is worth a gerat deal to be relieved of
this trouble. Graybeard will relieve
you. Take a bottle home to-night and
you will be fresh and bright to-mor
row.
Graybeard is found at all drug stores,
$1 a bottle, 6 for $5. Graybeard Pills,’
25c. Little treasures.—ad.
World’s Fair, St. Louis. Low round
trip rates via Atlantic Coast Line. Sea
son tickets on sale April 25, and daily
thereafter $38.35. Sixty day tickets on
sale April 25 and daily thereafter. $32.
Fifteen day tickets on sale April 25 and
daily thereafter $26.05. Coach excur
sion tickets on sale May 16 and a,
limited ten days, including date of sale,
$20.10. Ticket agents will furnish full
information.—ad.
Fancy No. 1 12 c
Choice No. 2 11 c
Prime No. 2 10 c
Good No. 4 9%c
Fair No. 5 i) c
Ordinary No. 6 s%e
Common No. 7 S c
SALT—Car lots, 100 pounds burlap
sacks, 36’; 100-pound cotton sacks, 3m\
125-pound burlap sacks, 45c; 125-pound
cotton sacks, 47c: 150-pound burlap
sacks, 54c.
HlDES—Market, firm; dry fl'nt,
lt%c: dry salted, 12%c; green salted,
6%c.
WOOL—Firm; prime Georgia, free
cf sand burrs and black wool, at 21c;
black 18c; burry, 10@12c; wax, 27c;
tallow, 4c; deer skin, 24c.
Hardware and Building Supplies.
LIME. CALCIUM PLASTER AND
Cement—Alabama and Georgia lime
in fair demand and sell at 80@85c a
barrel; special Calcined plaster, $1.60®
1.-30 per barrel; hair, 4@sc; Rosedale
cement, $1.15@1.25; carload lots, spe
cial. Portland cement, retail, $2.00®
$2.25; cat load lots, special.
I.UMBER Merchant hewn ties,
$10.50@il.00; square edge hewn ties,
$8.t0@9.00: hewn ties (7x9x8%), S3®
40c; hewn ties (6x), 26@28c; switch
ties, $11.00; easy yard stock. sll.oo®
12.00; car sills, $13.00@14.00; ship stock.
$13.00.
on.
Perfection Sign'al Oil 42 c
Pratt's Astral 16 c
Aladdin Security 15 c
Water White 15 c
Standard White 1484 c
D. S. Gasoline 16 c
D. S. Gasoline in drums 1484 c
86 degree gasoline in drums 19Vjc
Linseed oil raw, 1 bbl. lots 4084 c
Boiled linseed, 1 bbl. lots 4284 c
SHOT—Drop, 81.75; B. B. and large,
$2.00; chilled, 82.00.
IRON —Market firm; refined, 82.00;
Swede, 4c.
NAILS—Cut, 82.25 base; wire, 82.35
base.
BARBED WIRE 53.15 per 100
pounds.
GUNPOWDER Per keg, Austin
crack short, $4.50 keg; half keg, $2.50;
quarter keg, $1.40; champion ducking,
quarter keg. $2.25; Austin smokeless,
half kegs. $8.45; quarter. *4.30; three
pounds, *2.10; one pound, 76c; less 20
per cent, on smokeless.
Cotton Bagglns and Ties.
BAGGING —Market firm; 184 pound,
7%@884c; sea Island bagging, 984@!0c.
TlES—Standard 45-inch arrow, large
Jots, $1.03® 1.10; small lots. $1.15.
TWINE—Per pound, or hank, 14®
15c.
HAMS—Sugar cured, 12® 13c; pic
nics.
D. S. butts 584
D. S. plates 684@*
Western heavy bellies
Eastern light bellies j 7 *
Eastern medium bellies
Eastern heavy bellies
D. S. C. R. sides *V4
Smoked C. R. sides SH
LARD—Pure, in tierces, 7c; 50-pound
tins and SO-pound tubs. 7c; compound,
in tierces, 6c; 50-pound tins and 30-
pound .tubs. 684 c.
Mlseellnneous.
FlSH—Mackerel, half-barrels. No.
1, $10; No. 2, *8.60; No. 3. *8; kits. No.
1, *1.40; No. 2, 81.30; No. 8. $1.10; cod
fish, 1-pound bricks, 6c; 2-pound bricks.
684 c; smoked herrings, per box, 19@20c;
Dutch herrings, in kegs. $1.10; new
mullets, half barrels, $4.
SYRUP—Market quiet, Georgia and
Florida syrup, buying at 22@28c; see
ing at 2t@2784c; sugar house, at
lse.
HIOH WlNES—Baals, sl.2s. _
HONEY—Fair demand, strained.
barrels, 46c gallon.