Newspaper Page Text
10
SPOTS ARE STEADY
CHANGE I* TO*E AN IMPROVE
MENT OF LA?T SEVERAL DAYS.
QUOTATIONS UNCHANGED.
SALES WERE BALES AND RE
CEIPTS AT PORT lHfi BALES.
Free Offer!nan In F. O. B. Market
nt Rrklk of JO 3-4 Cent* for Good
Mid dll ns;—Some Bnnlnc** Reported.
Bnrean** Weekly Report More
Benrioh Tlinn Anticipated and Fn
tirei Market* Closed nt Decline,
In Consequence—American Fn
tnrei Market* Showed Lon* of
from 3 to 11 Points—Liverpool
Cln*erl Higher on Fotarei and
Si> ot.
AT THE CLOSE.
FTTT RES.
Liverpool. O to 7 point* np.
Newr York. 3 to 11 point* down.
New Orleans, unchanged to O
point* down.
SPOTS.
Liverpool, 14 point* np.
New York, n nr*hu ned.
New Orleans, nnchnn ared.
Savannah, unchanged.
For the first time in many days Sa
vannah's spot cotton market was quot
ed steady yesterday, the tone for some
time having been quiet. Quotations re
mained unchanged and sales of 8 bales
were reported. The receipts for the
day were 186 bales and the exports,
coastwise, 100. In the f. o. >b. depart
ment the tone was officially reported
steady at a basis of 10%C for good
middling. Offerings were comparative
ly free at this figure and some sales
were made.
In the futures markets the lists were
strong in the early part of the day,
tout lost their tone after the receipt
of the bureau’s weekly report that
showed the crop to be in much better
condition than had been expected, the
rains having ceased in localities where
they were most menacing and having
left good weather behind them. Much
significance was attributed, too, to the
fact that the report made no mention
of boll weevil. On this showing prices
declined until at the close New York
reported losses of from 3®ll points,
New Orleans from unchanged to 9
points. Liverpool was from 6@7 points
up. This market also went up on
spot cotton, though the chief Ameri
can markets were unchanged.
SrUI LUI IUN mAnMI I.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday:
fl: 00 T T ear~
Grades. | P. M. j Ago.
Good middling 10% 13%
Middling 10% 12%
Low middling 9"* 12%
Tone ~ •
•Steady. ••Nominal.
Sales, 8.
Exports—
Coastwise 100
Continent 0
Receipts yesterday 166
Last year 0
Year before last 603
Receipts since Sept. 1 1,147,571
Receipts same time last year ..1,300,685
Stock yesterday 12,042
Stock last year 3,585
Receipts and Stocks at All Porta-
Receipts yesterday 468
Same day last year 128
Same day year before last .... 1,940
So far this week 1,959
Last year 533
Year before last 3,663
Receipts since Sept. 1, 1903 ....7,131,138
Last year .7,701,791
Stock at all ports yesterday ... 83.933
Stock same day last year 212,662
DAILY COTTON MARKET.
Galveston —Firm; middling. 10%e: net
receipts, 130; gross, 130; sales, 29; stock,
3,510.
Norfolk—Net receipts, 100; gross, 100;
stock. 2,150.
Baltimore—Nominal; middling, 11.25;
stock. 648.
Boston—Quiet; middling, 10.65 c: net
receipts, 7; gross, 173. Exports.—Great
Britain, 403.
Wilmington—Nominal; stock, 120.
Philadelphia—Steady; middling, 10.90;
net receipts. 50; gross, 1,036: stock. 1,-
366. Exports.—Great Britain, 500.
Savannah—Steady; middling, 10%c;
net receipts, 166: gross. 166: sales, 8;
stock, 12.042. Exports.—Coastwise. 100.
New Orleans—Quiet; middling, 10%c;
sales. 300; stock, 27.472. Exports.—
Coastwise. 612; continent, 760.
Mobile—Nominal; middling. 10c;
stock, 358. Exports.—Coastwise, 56.
•Memphis—Steady; middling, Lttc:
net receipts, 88: gross, 91; stock, 11,689.
•Augusta—Steady; middling, 16%c;
net receipts, 36; gross, 36; sales, 91;
stock, 3,084.
Charleston —Nomjnal; stock, 621.
•Cincinnati—Nominal; net receipts,
12; gross, 12; stock, 3,765.
•Louisville —Firm: middling, 10%c.
•St. Louis— Quiet; middling, 10%c;
sales, 100; stock. 9.220.
•Houston—Steady; middling, 10%c;
net receipts, 990; gross, 990; sales, 51;
•lock, 5,606.
New York—Quiet; middling, 10.65 c;
net receipts, 15; gross, 2,246; sales, 322;
•took, 35,647.
Total to-day, at all seaports—Net re
ceipts, 468; Great" Britain, 903; conti
nent. 769. stock, 83.933.
Consolidated, at all seaports—Net re
ceipts, 1,959; Great Britain, 5,582; con
tinent, 3.643.
Total since Sept. 1, at all seaports—
Net receipts, 7,131,138: Great Britain,
2.498,982; WYanre. 699.033; continent, 2,-
D92.636; Japan, 46.195; Mexico, 27,310.
•Not Included in totals.
SEA ISLAND COTTON.
Fancy East Floridas 28
Fancy Floridas 26 @27
Extra choice Floridas 25
Choice Floridas 23%024%
Fancy Georgfas 24 @25
Extra choice Georgias 22 @23
Choice Georgias 21 @21%
Extra fine Gr.’s and Fla.'s ....10 @2O
Fine Oa.'s and Fla.'s 17 gqg
Common Ga.’s and Fla.’s 16
BUREAU’SREPORT
FAVORED SHORTS.
New York, Aug. 9.—The cotton mar
ket opened at an advance of 3@12
points. In response to higher cables
and further complaints of too much
rain In the eastern and central belts.
The weather map. however, was rather
mope favorable than that of the pre
vious day, showing only moderate pre
cipitation, while the storm center ap
peared to be passing to the eastward,
leaving more favorable conditions be
hind it. At the opening advance, there
fore, offerings were slightly more lib
eral and Liverpool soon easing off,
prices here broke to a net loss of
about 408 points by the middle of the
morning But there was more or less
UDoeruanty as to the probable showing
Hayward, Vick & Cos.,
Cotton, Stocks, Bonds,
Grain, Provisions and Coffee.
Direct Private Wires to All Markets.
MEMBERS
New Orleans Cotton Exchange.
New Orleans Future Brokers Assn.
New York Cotton Exchange.
New York Coffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD. Manager,
104 Bay, East, Savannah. Ga.
of the weekly report due at midday,
and shorts showed more disposition to
take their slight profits than to run
the risk of a bullish showing. There
was also a renewal of bull support
and prices slowly crept upward until at
noon they were steady at a net ad
vance of points. At this level the
weekly report was read and proved
considerably more bearish than had
been looked for, mentioning the bene
ficial effect of rain In Texas and
dwelling only lightly on the unfavora
ble conditions in the eastern and cen
tral belts. This report was followed
by a flurry of liquidation and bear
pressure that, in spite of bull support,
sent prices off to about the previous
low level. But again selling lacked ag
gressiveness and during the middle of
the forenoon there was another rally
to about the opening figures. In the
late trading, however, the market
weakened under selling by Wall street
and a renewal of liquidation and closed
barely steady at the lowest of the ses
sion, a net decline of 3@ll points. Sales
were estimated at 175,000 bales. The
early selling movement following the
firm opening was encouraged by the
full receipts at Houston, which reach
ed 390 bales, Including 923 bales of
new crop cotton. Estimated receipts
for Houston to-morrow call for 300 to
400 bales.
SPOT COTTON AT NEW YORK.
New York, Aug. 9. —Cotton —Spot
closed quiet; middling uplands, 10.65 c;
middling gulf, 10.90 c; sales, 322 bales.
Cotton futures at New York, Aug. 9.
Options. | Opening. |H. L. |C.
.August 10.20® 10.16,10.20 10.10 loTIO
September . 10.06T0.07 9.88 9.90
October .... 9.89; 9.90 9.75 9.75
•November . 9.73] 9.76 9.75] 9.66
December .. 9.80[ 9.81 9.70. 9.70
January .... 9.82: 9.85 9.71| 9.71
February ... .... ; 9.74
•March 9.88 9.92 9.79 9.78
April I .... | 9.79
May I ....] 9.80 9.80; 9.80
‘ - •Bid.
Futures opened steady; closed barely
steady.
BEARS MADE RAID
AFTER BUREAU’S REPORT.
New Orleans, Aug. 9.—Cotton fu
tures closed steady; August, 10.36 c;
September. 9.80@9.81c; October, 9.55®
9.560; November. 9.53@9.55c; December.
9.54W9.56c; January. 9.60@9.62c; Feb
ruary, ; March. 9.69®9.71c.
Spot cotton steady and unchanged
sales 300 bales.
Futures opened quiet and prices were
4 to 5 points up. Both Liverpool and
New York being firmer added strength
to the local market at the opening,
but this was almost immediately fol
lowed by bear aggressiveness coupled
with some profit taking by longs,
which caused prices of distant posi
tions to decline 10 to 11 points. Heavy
buying by scalpers resulted In a slight
reaction and caused some longs to
increase their holdings, but the weath
er map was the best that has been
seen for several days, and this gave
weak longs some uneasiness. Later
in the day telegrams were received
from reliable firms in the belt stat
ing that less was to he feared from
excessive rain, than from hot dry
weather. This had the effect of en
couraging the bears, and as soon as
the government bureau report was
read, they made a rush for the ring
and hammered prices vigorously, caus
ing a drop of from 4 to 6 points in
the new crop months. The amount
of trading was fairly large and prices
fluctuated rapidly, but in somewhat
narrow limits. September first ad
vanced 5 points at 9.90 c, declined to
9.82 c, advanced to 9.92 c, and finally
declined to 9.80 c. The market closed
weak. August was unchanged. Sep
tember net 5 points lower, while the
other months showed net losses of 8
to 9 points.
i.iVF.nrooi, cotton market.
Liverpool, Aug. 9.—Spot cotton, lim
ited demand, prices 14 points Higher;
American middling fair, 6.34d; good
middling, 6.20d: middling, S.oßd; low
middling, 5.92d; good ordinary, 5.70c1;
ordinary, 5.46d. The sales of the day
were 6,000 bales, of which 200 were for
speculation and export and Included
6,400 American. Receipts 1,000 bales
all American. Futures opened and
closed steady: American middling g. o.
c., August, 5.68d: August-Sept ember,
5.64d; September-October, 5.45d; Octo
ber-November. 6.36d; November-De
cent her, 5.32d; December-January,
6.29d; January-February. 5.28d; Feb
ruary-March, 5.28d; March-April, 2.25d.
DKMERE A HAMMOND’S
Dally Cotton I.otter from New
York.
New York, Aug. 9.—Both this mar
ket and Llverpoot were flooded with
complaints of great damage, particu
larly, from boll worms In central and
northern portions of Texas, In addi
tion to general deterioration from con
tinued rains in central and eastern
states of the belt. Liverpool showed
a disposition to advance sharply on
this news, but it became evident that
the bull clique was trying to sell out
and immediately bears attacked the
market, and gave prices a severe set
back. closing that market only a shade
better than yesterday. The disposi
tion on part bulls to unload was man
ifested here with the same result,
namely, the ■withdrawal of all support
and a sharp decline which, however,
was speedily recovered. Even when
the weekly weather report came out ut
noon and proved to be considerably bet
ter than expected, especially when road
In detail, the decline which followed
was promptly recovered. This last ex
hibition of strength, however, did not
last, as selling orders during the after
noon front the South and considerable
also from the bull clique were too nu
merous for the market to withstand;
prices gave way slowly under pressure
and closed about 5 points lower than
last night. The weekly weather re
port laid particular stress on the ben
efits to Texas by rains In the past week,
which were needed, especially, In the
north central nnd western portion of
the slate. Bolls were said to be open
ing In all sections and picking general
in the coast nnd southwestern portion,
of course, while the rains lasted pick
ing had to be suspended, but the crop
! open and all that la needed Is dry
DEMERE L HAMMOND, Brokers,
Phones 1505. Office No. 24 Bryan street, East.
COTTON, STOCKS. BONDS, GRAIN AND PROVISIONS
Direct Private Wires to la-,tiling Exchanges.
LOCAL tUuOL’KJTIJC* A SPECIALTY.
SAVANNAH MORNING NEWS: WEDNESDAY.AUGUST 10. 1904.
weather, which Judging from the map
now seems to have set in over the
western half of the belt. Rains con
tinue in the East Gulf and South At
lantic states, but the precipitation is
much lighter and more scattered than
in the past few days. The situation
at the moment is decidedly mixed, but
points to softer markets as soon as
clear skies become general, and picking
can get work in the fields.
WARE & LELAXD
Say Lack of 801 l Weevil Comment
I* Si*; n ifiun lit.
New York. Aug. 9.—While the weekly
weather bulletin was not as bad as
many anticipated, the cotton market
ruled steady and made slight advahee
over yesterday's rise. While the shorts
appeared to consider the complaints
that rain had damaged cotton as the
most important portion of the docu
ment. the significant feature was
really the fact that no mention was
made of the boll weevil. No mention
was made of the pest last week, and
the fact that the condition of Texas i3
such as to permit no special attention
to be granted the insect, can be re
garded as one of the most favorable
developments possible. For all this,
the market ruled firm rather than
otherwise. From many sections less
favorable crop accounts were received,
a condition that is to be expected dur
ing August, otherwise we would raise
half a bale of cotton to the acre. But
crop accounts from even a few sections
mean a great deal, owing to the small
supply of cotton in store in New York
and New Orleans, and the compara
tively small movement of new cotton.
In other words, we are at the present
time between hay and grass. Between
a condition of famine that has existed
for a year and a condition of plenty;
without serious deterioration from now
on there is every prospect of making
a good crop and an advance in market
is hardly likely to reach important di
mensions until later on in the season.
The same interest working for higher
prices were believed to be selling mod
erately to-day, and it will require more
speculation and mote crop damage re
ports to carry on the advance from this
point.
HAYWARD. VllK * CO.’S
Daily Cotton Letter from New
York.
New York. Aug. 9.—lt has been a
very irregular market. Liverpool
came higher than expected and we
opened firm nt an advance of 3 to 11
points. Private cables ascribed the
advance abroad to uneasiness over re
cent rains and American buying, hut
the day's weather map was more fav
orable, and it looked as though the
bulls had put up Liverpool to sell on.
At any rate, the better weather and
rumors that bulls were unloading, at
tracted some pressure soon after the
opening and prices broke to a net loss
of about 4 to 8 points.
In all the report was better than
looked for. but the hulls supported on
the decline .and rallied the market.
Trading was active and the market
was unsettled. The rains recently noted
in central and eastern sections are di
minishing, and moving eastward, leav
ing favorable weather behind them. It
is evident that the hulls will have more
difficult work in supporting prices.
LOCAL FINANCIAL MARKET.
The following are the Savannah Cot
ton Exchange quotations;
DOMESTIC EXCHANGE—Buying at
50c discount, selling up to $25, 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 prem
ium.
FOREIGN EXCHANGE Marked
very firm. Commercial demand ster
ling, $4.88%@4.88%; sixty days, $4.85%;
ninety days, $4.84%: francs firm,
$5.16%; sixty days. $5.18%; marks, 95%;
sixty days, 94 15-16 c; ninety days, 94%.
Bank Stocks.
Bid. Asked.
Chatham Bank 80
Citizens Bank 153
Commercial Bank 108
Chatham R. F„ and I. C 0,.. 52% 53%
Germania Bank 148% ...
Southern Bank 172% 175
Merchants' National Bank. .103% 104%
The National Bank of 5av...170
Oglethorpe Sav. and Trust.. 125
People’s Savings and Loan.. 100 103
Savannah Bank and Trust..l2B 131
Savannah Trust 97 98%
Railroad and Industrials.
Bid. Asked.
Augusta and Savannah 113 114
Atlanta and West Point ....153
do 6 per cent, certif 106 108
Central Ice 80 90
Chat, and Gulf stocks 109 110
Georgia Telephone and Tel
graph 85 86
Georgia Brewery 92% 100
Macon Ry. and L. pref 76 80
do common 15 20
Georgia Railroad, com 251
Planters’ Rice Mill 92% 95
Propeller Towboat, ex-dlv. ..90 95
Savannah Elec, preferred .. 85 87%
Savannah Elec, common .... 14 15
Savannah Hotel Company ..62 65
Southwestern, ex-dlv 113% ...
Southern Railway pref 90 91
do do common 25% 26
Savannah Brewing 104 106
Savannah Cotton Exchange.. 65 70
Bonds.
Chat, and Gulf R. R. 5 per
cent Ist mortgage 102% 103%
C. of Oa. con. ss, 1945, M.
and N 110% 111%
C. of Ga. Ist incomes 83 83%
do do 2nd incomes 45 45%
do do 3d incomes 30 30%
C. of Ga. (M. G. and A.
Div.) 5s 1 106 108
G. S. and F. 5s 113 113%
Georgia State 3%5. 1930 108 110
do do 3%a. 1915, M. and N..104% 105%
do do 4%5, 1915 112% 113%
Macon Ry. and L. bonds .... 89 90
Jacksonville Electric 5s 95 97
Ocriin Steamship ss, 1926 ..107 108
Savannah City ss, 1913 108% 109%
Ex-Savannah city ss, 1909 ..103% 104%
S. A. L. common 9% 10
do do preferred 17% IS
Savannah Elec. Cos. 5s .... 92 94
Eatonton 106 108
GENERAL MARKETS.
New York. Aug. 9.—Flour slow but
very firm; winter patents, *4.90@5.35;
Minnesota patent, $5.50<g>5.90. Rye
flour firm.
Corn meal firm,
ltye nominal.
Barley quiet.
Wheat—Spot firm: No. 2 red, nomi
nal elevator. There was another wild
trade In wheat to-day with new high
records early on heavy public buying
bast'd on bad crop news, followed after
midday by a perpendicular decline of
3 cents under attempts to unload nnd
reports claiming damage news exag
gerated. A second Jump at the close
on covering left final prices %@lc, net
higher. May, $1.04%; December, $1.04%.
Corn—Spot ensy; No. 2. 58%c. Op
tion market opened stronger with the
wheat and fora time advanced on cold
weather news, hut eventually tumbled
SPIRITS HOLDING UP
BIT ROSINS ONLY STEADY AND DE
CLINING IN PRICES.
OPENED AT LOWER PRICES
AND WENT OFF ON SEVERAL
GRADES IN POST MARKET.
Heaviest Los* Reported on W. W.
Which in One Snle Went at De
cline of lO Cent* —Upper Grade*
from K and Above Generally Sold
at Slight Los*—Middle Grade*
Holding Price bnt Lower* Sold at
Inalde Flgnre*—Market Opened
Steady and Closed Steady and Un
changed-Receipt* 3,l<V> Barrel*
■ nil Exports 3.617.
The spirits of turpentine market con
tinues to hold its tone and price, and
is marked by a demand that keeps the
receipts pretty well cleaned up, but
rosins are only steady and a further
decline of prices marked both the open
ing of the market yesterday, and also
the trading in the late afternoon. Spir
its opened firm at 53 cents with sales
of 186 casks, and closed firm and un
changed without additional sales. The
New York market was quoted dull at
56 cents and London was quoted at
40.9. The receipts were 1,073 casks, and
the exports, 138.
Rosins opened steady and at a de
cline of 5 cents on G and below the
loss on E and lower being represented
by an inside price. Sales were 1,349
barrels. The close was steady and
unchanged as to prices, without further
sales. After the close sales were made
at quotations with inside figures on the
low grades, at a decline of 2.12 cents on
K and above with quotations for the
remainder of the list, at inside figures
where there were split prices, and still
other sales on this basis, except that
W. W. went at a loss of 10 cents. The
receipts were 3,109 barrels and the ex
ports, 2,817.
NAVAL STORES STATEMENT.
The following are the figures and
quotations of the naval stores market,
as posted at the Board of Ti’ade yes
terday:
Spirits. Rosin.
Stock April 1 6,495 44,550
Receipts yesterday 1,073 3,109
Receipts previously 92,104 242,203
Total 99,672 289,862
Exports yesterday 138 2,817
Exports previously 67,774 219,791
Total 67,912 222.608
Stock yesterday 31,760 67,254
Stock last year 13,257 50,328
Yester- | Day Be-I Last
day. | fore. j Year.
S pir it s ■■■[ 53 I 53~[ 50%@50%
Spirits ...| Firm. | Firm. | Firm.
Sales | 186 j 2001 600
Rosin | Steady. | Firm. | Firm.
W. W. ... 4.60| 4.601 ~ 3.40
W. G 4.35 4.351 3.20
N 4.00 4.00| 3.05
M 3.85 3.85 2.95
K 3.55 3.55 2.85
I 3.30 3.30 2.70
H j 2.70 2.70 2.20
G 2.50 2.55 1.80
F 2.45 2.50 1.70
E 2.40@2.45 2.45 1.65
D |2.35@2.40 2.40 1.60
C, B, A.. |2.30@2.35 2.35 1.60
Sales | 1,349 j,734| 1,021
IX OTHER MARKETS.
Charleston, S. C.. Aug. 9.—Turpen
tine firm, 52%e. Rosin firm; sales none;
A, B, C. $2.25; D, $2.30; E, $2.35; F,
$2.40; G, $2.45; H, $2.60; I, $3.10; K,
$3.35; M, $3.65; N, $3.80; W. G., $4.15;
W. W., $4.40.
Wilmington, N. C„ Aug. 9. —Turpen-
tine, nothing doing; receipts 70.
Rosin, nothing doing: receipts 174.
Tar, firm, $1.70; receipts 70,
Crude turpentine, firm, $2.25; $3.75;
and $4.00; receipts 131.
New Orleans, Aug. 9.—Rosin, receipts
110 barrels; exports, Bocas Del Toro,
turpentine, 5; Manchester, rosin 200.
LUMBER MARKET.
Exports of lumber and cross-ties
from Savannah for the season begin
ning July 1, as posted at Board of
Trade:
Lumber. Steam. Sail.
Yesterday 310,063
Week 485,268 1,571,720
Month 1,812,140 1,927,670
Since July 1 10,553,821 10,248,747
Where Shipped—
Foreign 2.125,701 267,931
Baltimore 1,834,438 1,843,425
Philadelphia 1,176,918 1,987,949
New York 5,039,319 2,581,747
Boston 129,035 915,873
Other ports 253,410 2,651,822
off, closing partly %c net lower; Sep
tember, 58%e; December, 56%c.
Oats—Spot market slow; mixed oats,
26 to 32 pounds, 41@43c.
Beef steady.
Cut meat quiet.
Lard dull; refined quiet.
Pork slow.
New York, Aug. 9.—Rosin quiet;
strained, common to good, $2.65. Tur
pentine dull.
Rice quiet.
Sugar—Raw, strong; fair refining,
3%c: molasses sugar, 3%c. Refined
firm: Confectioners' A, 5.05 c: mould A,
5.55 c; cut loaf, 5.90 c; crushed, B.90o;
powdered. 5.30 c; granulated, 5.20 c;
cubes, 6.45 c.
Coffee—Spot Rio steady; mild firm:
Cordova, 9%@13c. The market for cof
fee futures opened steady at unchanged
prices to an advance of 5 points. The
close was steady at a decline of 10
points on all positions except March,
which was 5 points lower; sales, 122.-
250 bags.
Butter Irregular In tone, but no
change in prices.
Cheese quiet and steady; small col
ored fair to good, 7%@<7%c; other
grades unchanged.
Eggs, firm and unchanged.
Potatoes, steady; Long Island, $1.50@
1.75; Jersey and Southern, $1.3701.62;
Southern sweets, $2.0003.00.
Peanut*, steadq.
Cabbages, steady: Long Island and
Jersey, per 100, $1.00@2.00; per barrel,
25050 c.
Cotton by steam to Liverpool, 12015 c.
Sngnrs Maile Advance.
New York, Aug. 9.—A1l grades of re
fined sugars have advanced 5c a hun
dred pounds.
WHEAT MARKET FRENZIED.
Chicago. Aug. 9.—After a deluge of
sales and a temporary break of over
2%c In the price of wheat, frenzied
buying resulted In a net gain of prac
tically a cent a bushel to-day. Corn
Is off >,o%c; oats -are up %@%e; pro
visions vary from 5@7%c lower to 2%@
6c higher.
The leading futures ranged ss fol
lows
Opening Highest Lowest Closing
Wheat No. 2
•dept ...*103% $104% $lO3 $103%
••Sept .. 102 103 1 00% 1 01%
Dec ....101% 102% 99% 101
May ....1 04 104 1 00% 102%
•Old. "New.
Corn No. 2.
Aug ....53% 53% 52% 62%
Sept 54% 55 53% 53%
Dec 51% 51% 49% 49%
Oats No. 2.
Sept ....33% 33% 33 33%
Dec 34% 34% 34 34%
May ....36% 36% 36 36%
Mess Pork, per barrel—
Sept ...112 42% sl2 60 sl2 37% sl2 40
Oct .... 12 47% 12 67% 12 45 12 45
Lard, per 100 pounds—
Sept ... 680 685 6 77% 6 77%
Oct .... 685 6 92% 885 685
Short Ribs, per 100 pounds—
Sept ... 765 775 765 765
Oct .... 760 770 760 7 60
Cash quotations were as fellows:
Flour, firm. No. 2 spring wheat, $1.05
@1.07; No. 3, 95c@51.05; No. 2 red.
$‘1.02%@1.04. No. 2 corn, 55%c; No. 2
yellow, 56%c. No. 2 oats, 32%c; No.
2 white. 34®35c; No. 3 white. 33%®>
34%c. No. 2 rye, 73%c. Good feeding
barley, 29@37c; fair to choice malting.
45@50c. No. 1 flaxseed, $1.17; No. 1
Northwestern, $1.24%. Prime timothy
seed. $2.80®2.90. Mess pork, per bar
rel, $12.37%@12.40. Lard, per 100 pounds,
$6.67%@6.70. Short ribs sides (loose).
$7.55@7.65. Short clear sides (boxed),
$8.00@5.25. Whisky, basis of high
wines, $1.28. Clover, contract grade,
$11.50.
Receipts Wheat, 174,000 bushels;
corn, 271,000 bushels; oats, 630,100 bush
els.
COTTON SEED OIL.
New York, Aug. 9.—While showing
little change from the previous day.
the undertone of cotton seed oil was a
shade easier, with buyers out of the
market for the present. Prime crude
f. o. b. mills, 22@22%c; prime summer
yellow. 27%@27%c: off summer yellow,
nominal; prime white, 32c; prime win
ter yellow, 32c.
DRY GOODS.
New York, Aug. 9.—There has been
no change in the market to-day. Buy
ers continue their efforts towards ob
taining lower price levels, and are hold
ing back orders in order to secure this.
Sellers on the other hand, are firmly
maintaining present prices. Jobbers
are doing a fair business and look for
an increased demand as the week pro
gresses.
FUGITIVE NEGRO SHOT
NEAR MARION S. C.
Said Hie Sheriff Wn* After Him and
Refused to Surrender.
Columbia, S. C., Aug. 9.—P. D. Bul
lard, white, yesterday shot and killed
an unknown negro, who gave his
name as Paul Williams, at Bullard’s
house, six miles from Marion Court
House. The negro asked for wprk
and breakfast and Bullard gave him
something to eat, but had no work for
him.
A few hours later Bullard found the
man hidiing behind his barn. The
negro said that white men were after
him and Bullard told the men that
he would arrest him. The negro picked
up a club and advanced on Bullard
and Bullard shot him. He died a few
hours later. Before death the negro
said that he came from Summerville
or Sumter and the sheriff was after
him.
The sheriff of Marion has a photo
graph resembling the dead negro which
was sent to him by the sheriff of Ro
anoke, Va. Bullard, a few years ago,
killed W. W. Altman and was acquit
ted on the ground of self-defense.
gG.no Wrlghtvllle Beach and Rr
lorn via Seaboard Air Line Rail
way.
Located near Wilmington, N. C.; a
most delightful resort. Tickets on sale
Aug. 17, good returning until Sept. 1.
Improved service to Wilmington, via
Seaboard; excelled by none; two
through trains daily.—ad.
SAVANNAH'S CU
Note —These quotations are revised
dally and are kept as near as possible
in accord with the prevailing whole
sale prices. Official quotations ars not
used when they disagree with the
prices wholesalers ask.
POULTRY—Market, good demand;
springers, 25@30c per pair; three
quarter grown. 40055 c; hens, 75085 c.
EGGS— Country, 16c; strictly can
died, 17c. , ,
BUTTER—The tone of the market 1s
firm. Quotations: Ex*-a Elgins, 60
tubs, 22@23c; choice Elgins, 20@21c;
New York state, 20c; renovated butter,
19c,
CHEESE—Market, firm; fancy full
CTeam cheese, 22025-pound, U%@l-c,
30 to 35-pound, 11%@11%c.
WHITE PEA BEANS— S2.4O bushel.
POTATOES—S2.2S.
ONIONS— Egvptian. In sacks, $3.00.
CABBAGES—S2.OO crate.
Breadstuff*, Hay and Grain.
FI OUR Patent, $5.75; straights,
*5 45"- fancy, $4.75@4.60; family, $4.85;
spring wheat, best patent. $6.25.
MEAL —Pearl per barrel, $3.60; per
sark $1 50; water ground, $1.45; Pearl
Brits' per ea< k. $1.50: Pearl grits, per
barrel. $3-75: city meal. $1.42%.
oarrei. ♦ Ura i n Markets.
QUANTITIES— Jobs Cars.
No 2 white corn ‘5 •*
Mixed corn ‘ 5 *3
OATS - -1,
No! 2 white clipped 67 55
Pu ß rewh7atbran SL4O $135
Mixed bran- “j.® I’tJ
Cracked corn 155 1.50
No H *iWhy 1.00 02%
N RICE— Market dull, fancy head, 4%c;
prime. 4@4%c. 3%@3%
2°°* * 3 ®3V*
Common.--;- "^--
BANANAS —$1.75@2.00.
... * TERMELON S 30 6c.
CANTALOUPES—7Sc@SI.OO a crate.
PEACHES—7Sc@SI.OO a carrier.
PLUMS—SIOO a carrier.
PRUNES—2Os to 30s, 13c; 30s to 40s,
to 60s, Bc, oils to 60s, 7%c; 60s
Voa Mac; "OS to 80s. c; 80s to 90s,
6%J; 90. to 100S. 4%c.
PEANUTS— Ample stock. faJr de
mand markei firm; fancy hand-plck
™ Virginias. 7%e; N. C. peanuts. 6%c;
ex Virginlos, 6%c.
NUTS —Almonds, Terragona, 14%c;
Tviras 1214 C; walnuts, French. 12%c;
Naptes, 14%c; pecans. 10 c; Brazils,
sue filberts, 11c; sssorted nuts. 50-
pound and 25-pound box.* 12c.
|) r |cd and lCvaporatcd Emits.
APPLES— Evaporated, 7%c; sundrled,
6^tPRICOTS— Evaporated, fancy, 13c;
choice. 10%c.
RAISINS— L* L„ 2-Crown. $1.85; 3-
Crown. $2.00; 4-Crown clusters, $2.75:
loose inusottells. 8c; 1-pound seeded,
10%c- Imperial cabinets, $3 per box.
PEACHES— Evaporated, peeled, 16c;
unpeeled, B%c.
PEARS— Evaporated, Jo%c.
CITRON—A. S. drum, 14%e; fancy
Corslclan, in 10-pound boxes. 14%c.
CURRANTS—BarreIs. 7c.
•agar.
Cut loaf 6.67
Cubes .........5,92
XXXX powdered 5.82
Powdered ~.5.82
Fine granulated 5.67
Confectioners' A 6.62
White Extra C 5.32
Coffee.
Java $4 e
Moch. 23%c
peaberry ....13 4
ORDERS, ORDERS!
We have for Wool, Wax, Hides and Furs.
—Ship them in
ACUDIIPU 9. DDH Wholesale Grocers and Liquor Dealers
i UntlLlUn W DnUif 111-113-IIS Bay Street, West,
THE CHASMAR KINC SUPPLY CO.,
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES, SANITARY PLUMBING GOODS, WROUGHT
IRON PIPE. FITTINGS, etc. All supplies for STEAM. WATER and GAS.
Sole Agents for the celebrated HUXLEY VALVES.
HOKE SMITH TO SPEAK.
Georgian Will Address Democrat* ot
Borough of Queen’*.
Atlanta, Aug. 9. —Hon. Hoke Smith,
former Secretary of the Interior under
President Cleveland, left to-day for
New York. He goes to make a speech
at College Point, Long Island, next
Thursday, at the invitation of the
United Democratic Club of the Borough
of Queens. The occasion will be the
annual gathering of the clubs. The
Secretary of the Treasury, Mr. Shaw,
delivered the speech about three weeks
ago, before the annual gathering of the
Republican clubs of the Borough of
Queens, and Mr. Smith has been re
quested by the Democratic clubs to an
swer Secretary Shaw.
NEGRO BOY SHOT AGED LADY.
The Shooting Took Place In Orange
County Fla.
OrlAndo, Fla., Aug. 9. —Information
was received here to-day from Chul
nota, in the eastern portion of the
•county, of the shooting of Mrs. Rob
erts, a lady nearly 75 years old. by a
negro boy. The boy is about 14 years
old.
Mrs. Roberts lived with a son. The
boy had been with them for a day or
two, having run away from a fam
ily living a few miles away, with whom
he had been living under some sort of
an agreement. He was expecting his
former employer to come after him,
and Mr. Roberts was seeking to in
duce him to remain at his house until
he should arrive and then return with
him.
Roberts went away from home for a
time Sunday, leaving his mother alone
with the boy. During his absence the
shooting occurred.
Heavy Hniu* In Newton County,
Covington, Ga., Aug. 9.—The exces
sive rainfall here for the last eight or
ttn days has caused considerable un
easiness as to the effect 4t will have
upon the cotton crop. Before the
heavy rains began the outlook for a
big ootton crop in this section was ex
ceedingly bright.
Excursion to Wrtghtsville Beach, N.
C., via Atlantic Coast Line, Aug. 17,
$6.50 for the round trip; tickets good
until Sept. 1.
Schedule —
Leave Savannah... 2:15 p. m., city time
Arrive Wilmington. 11:45 p. m.
Nine hours and thirty minutes.
The only train leaving Savannah at
noon and arriving Wrightsville Beach
same evening. Also leave Savannah,
2:35 a. m. (city time), arrive Wilming
ton 1:40 p. m., eleven hours and five
minutes; thirty minutes quicker than
any other line. Through sleepers to
Florence on both trains, with coaches
through to Wilmington. Take the best
—it will cost you no more.—ad.
g 17.75 Wnshington, D. C., and Re
turn via Seaboard Air Line Rail
way.
Grand excursion, Aug. 17; tickets
good returning until Sept. 1. Person
ally conducted; two through trains—
-1:15 p. m. and 12:10 midnight.—ad.
RRENT MARKETS
Fancy No. 1 12 e
Choice No. 2 11 c
Prune No. 2 10 c
Good No. 4 9%0
Fair No. 5 9 r.
Ordinary No. 6 B%c
Common No. 7 8 c
SALT—Car lots, 100 pounds burlap
sacks, 56-; 100-pound cotton sacks, 3Sc;
125-pound burlap sacks, 45c: 125-pound
cotton sacks. 47c: 160-pound burlap
sacks, 54c.
HlDES—Market. firm; dry fl'nt,
14c; dry salted, 12c; green salted, 7%c.
WOOL—Firm; prime Georgia, free
of sand burrs and black woo!, at 25c;
black, 23c; burry, 12016 c; wax, 27c; tal
low. 3%c; deer skin. 22c.
Hardware and Building lappliu,
LIME. CALCIUM PLASTER AND
Cement—Alabama and Georgia lime
In fair demand and sell at 80@85c a
barrel: special Calcined plaster, 11.5(10
I. per barrel; hair, 4@>sc; Rosedale
cement, $1.1501.25; carload lots, spe
cial. Portland cement, retail. 32 00 at
12.25: carload lots, special.
LUMBER—Railroad ties, •7@’’9c’
hewn ties (7x9x8%), 3S@4oc; hewn ties
(6xß) 26 028 c; switch ties, slo.6n@
11. easy yard stock, sll 00@
12.00; car sills, $13.00 © 15.00; shin
stock. 318.00. • nlp
Oil.
Perfection Signal Oil -
Pratt’s Astral "”i „
Aladdin Security tr „
Water White 7? ®
Standard -White
D. S. Gasoline !! ' 16 e
D. S. Gasoline in drums . " l4U e
8C degree gasoline In drums’!!""i2-
Linseed oil raw. 1 bbl. lots 48 c
Boiled linseed, 1 bbl. lots ..'.!”! 50 c
Five barrel lots special.
SHOT—Drop, $1.65; B. B. and laree
$1.90; chilled, $1.90. B *’
IRON—Market firm; refined,’ $l9O
- 4c. ’
NAILS —Cut, $2.20 base; wire si.3o
base.
BARBED WIRE 53.00 per 100
pounds.
GUNPOWDER - Per keg, Austin
crack short, $4,50 keg; half beg s■> 50-
quarter keg, $1.40; chnmpion ducking'
quarter keg. *2.26; Austin smokeless
half kegs. SS.4o; quarter. $4.30; three
pounds, *2.10; one pound, 75c; less 20
per cent, on smokeless.
Cotton Baapins nnd Ties.
BAGGING—Market Arm; 1% nonn/t
7%@8%c; sea island bagging, 9Laio“'
TlES—Standard 45-inch arrow i.r„
lots, *1.63®1.10; small lots. *1 1 fe
TWINE—Per pound, or hank. I4fl>
15c.
HAMS—Sugar cured, 13014 c; picnics
10@10%c.
D. S. butts gl ,
D. S. plates 7
Western heavy bellies ~““’"9
Eastern light bellies 9%
Eastern medium bellies "91?
Eastern heavy bellies .'!.'!" "mu
D. S. O. H. sides .!.'!! 8%
Smoked C. R. sides 9%
LARD—Pure, In tierces. B%c; sot
pound tins and 80-pound tubs,' B%c
compound, In tierces. B%c; 50-pound
tins and 80-pound tubs, 6%c.
Miser llnuea.us,
FISH--Mackerel, half-barrels No
t. $10; No. 2, $8.50; No. 3, *8; kits. No'
1, *1.40; No. 2. *1.30; No. 3, $1.107 cod
fish. 1-pound bricks, 6c; 2-pound bricks
5%c; smoked herrlngi, per box, l*o2i )c ’
Dutch herrtags. in kegs. *l,lO, new
mullets, half barrels, 34.
HTRUP—Market quiet; Georgia and
Florida ffyrup, buying at 22@23e; sell
ing at 25027%0; sugar houee, at 16%0
l*c.
HIGH WlNES—Pasta It 28
HONEY—DuII; strained, In barrels,
40c gallon.
LEGAL NOTICES.
AD VALOREM TAX. CONSTITU
TIONAL LIMIT.
A PROCLAMATION.
By His Excellency, Joseph M. Terrell
Governor of the State of Georgia
Executive Department, July 27, 1904.
Whereas, the General Assembly, at its
session in 1903> proposed an amend
ment to the constitution of this state
as fet forth in an act approved Aue
17, 1902, to-wit:
Section 1. Be it enacted by the Gen
eral Assembly of the State of Georgia
That article 7, section 1. of the consti
tution of this state, be amended by
adding to said section the following
paragraph, as paragraph 2: The levy
of taxes on property for any one year
by the General Assembly for all pur
poses, except to provide for repelling
invasion, suppressing insurrection, or
defending the state in time of war,
shall not exceed five mills on each
dollar of the value of the property tax
able in the state.
Sec. 2. Be it further enacted. That
whenever the above proposed amend
ment to the constitution shall be
agreed to by two-thirds of the mem
bers elected to each of the two houses
of the General Assembly and the same
has been entered on the Journals, with
the yeas and nays taken thereon, the
Governor shall, and he is hereby au
thorized and instructed to cause said
amendment to be published in at least
two newspapers in each congressional
district in this state, for at least two
months next preceding the time for
holding the next general election.
Sec. 3. Be it further enacted, That
the above proposed amendment shall
be submitted for ratification or rejec
tion to the electors of this state at the
next general election to be held, after
publication as provided for in the sec
ond section of this act, in the several
election districts of this state, at
which election every person shall be
qualified to vote who is entitled to
vote for members of the General As
sembly. All persons voting at said
election in favor of adopting the pro
posed amendment to the constitution,
shall have written or printed on their
ballots the worlds “For ratification of
the amendment to article 7, section 1
of the constitution of this state, so as
to limit the levy of taxes on property
for any one year by the General As
sembly to five mills on each dollar of
the value of the property taxable in
the state, except for the purpose of
repelling invasion, suppressing insur
rection, or defending the state in time
of war;” and all. persons opposed to
the adoption of said amendment shall
have written or printed on their bal
lots the words: "Against the ratifica
tion of the amendment to article
section 1 of the constitution of thii
state, so as to limit the levy of taxes
on property for any one year by the
General Assembly to five mills on each
dollar of the value of the property tax
able ip this state, except for the pur
pose of repelling invasion, suppressing
insurrection, or defending the state in
time of war.” And if a majority of
the electors qualified to vote for mem
bers of the General Assembly voting
thereon shall vote for said amendment,
then said amendment shall become a
part of the constitution of this state.
Now, therefore, I, Joseph M. Terrell,
Governor of said state, do issue this,
my proclamation, hereby declaring that
the foregoing proposed amendment to
the constitution is submitted for rati
fication or rejection to the voters of
the state, qualified to vote for members
of the General Assembly.at the general
election to be held on Wednesday, Oct.
5, 1904. JOSEPH M. TERRELL.
By the Governor: Governor.
PHILIP COOK,
Secretary of Stats.
ILLINOIS CENTRAL
RAILROAD.
DIRECT ROUTE TO THE
ST, LOUIS EXPOSITION,
Two Trains Daily.
In connection with W. & A. R. R. and
N. C. & St. L. Ry from Atlanta.
Lv. Atlanta 8:25 a. m., ar. St. Louli
7:08 a. m.
Lv. Atlanta 8:30 p. m., ar. St Louis
WITH THROUGH SLEEPING CARS.
ROUTE OF THE FAMOUS
“DIXIE FLYER."
Carrying the only morning sleeping
car from Atlanta to St Louis. This
car leaves Jacksonville dally 8:05 p.
m., Atlanta 8:25 a. m„ giving you the
entire day in St Louis to get located.
Ask for tickets via The Illinois Cen
tral.
For rates from your city. World's
Fair Guide Book and schedules, sleep
ing car reservations, also for book
showing Hotels and Boarding Houses,
quoting rates, write to
FRED D. MILLER,
Traveling Passenger Agent
No. 1 N. Pryor St Atlanta, Ga
SPECIAL RATES
CALIFORNIA,
COLORADO
and UTAH
via Union and Southern
Pacific Companies.
First-class round trip tickets to
San Francisco and Los Angeles from
all Southeastern points Aug. 15
Sept. 9, inclusive.
First-class fare plus 60c for round
trip to Colorado and Utah from June
1 to Sept 30, inclusive. Return limit
Oct. 31, 1904
Finest vessels and best service to
JAPAN. CHINA, HONOLULU and
PHILIPPINES.
Ask for particulars.
J. F. VAN RENSSELAER.
General Agent, 13 Peachtree St.
Atlanta, Ga.
R. O. BEAN. T. P. A.
CHICHESTER’* CHOLIffH - m
MNYRj.m,e.!y-s
f- * r ORU HERTBE'S irx.lJ™
■ hei> and ■•tun* u*m.
EW flO UoHfcb**. Tnk# DO ®tk*r. f'™*"
Hobaillffti..... sad I*****
1 V/ MWN for rartlUr*
*7^— —r an DnuflfM. Ch lekJJ*
feU fcjr I*. V. IfMivli A Wiot*. DmuMt* Hot
■ ■■ ■■ l ■ ■■
OLD NEWSPAPERS, 200 FOR **
cent*, at Bualnaaa Office, Morning
Newa.