Newspaper Page Text
10
FAIR SALE OF SPOTS
THE OSLY FEATU RE OF INTEREST
IK LOCAL. MARKET YESTERDAY
LOT CONSISTED OF 169 BALES
RECEIPTS FOR PORT WERE 2*
841. ES COASTWISE EXPORTS 453.
Futtire* Market* Continue to Main
tain Relatively Steady Condition.
Lh erpool Showed Advance af
Close of 1 to H Point* and A I*o
Cloned at Advance of H Point* on
Spot*—X'evr York'* Future* I.l*l
Cloned at I.om* of from 4 to 7
Point* and New Orlean* Reported
I.oh* of from 1 to to Point*—Spot
Q uotntinn* Inrhangrd.
AT THE CLOSE.
FETCHES.
Liverpool. 1 to S Point, Up.
Nrw York 4 to T Point. Down.
Nen OrlennN. 1 to D Point. Down.
SPOTS.
Liverpool, 8 Point. Up.
Sew York. 1 nchanaed.
New Orlennn. Unchanged.
Savannah* Unchanged.
The spot cotton market yesterday
Nvas unchanged as to quotations, ‘and
tone, though sales were much better
than have been recorded for many
days past, being 169 bales. Some busi
ness was done in f. o. b., but the
trade can hardly yet be described as
brisk. The receipts at the port were
28 bales, and the coastwise exports, 453
bales.
In the futures markets, the condition
is practically unchanged, and the list
continues remarkably steady, in view
of existing conditions. Liverpool closed
1 to 8 points up, but both New York
and New Orleans closed off, the first
4 to 7 points, the last 1 to 9 points.
Liverpool also closed at an advance of
8 points on spots, while the princi
p'al American markets were unchanged.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday:
I jTojj—[Tear"
Grades. i P. M. | Ago.
Good middling |lO% |13%
Middling ,10% ,12%
Low middling j 9% 1 12V*
Tone |*~ |
•Steady. ••Nominal.
Sales. 169.
Exports—
Coa st wise .. .. 453
Continent 0
Keceipts yesterday 28
Last year 0
Tear before last 44
Keceipts since Sept. 1 1,147,701
Receipts same time last year.. 1,300.685
Stock yesterday 11,719
Stock last year 3,460
Receipts and Stocks at All Porta-
Receipts yesterday 94C
Same day last year 266
Same day year before last .... 3,034
So far this week 4.324
Last year 1,001
Year before last 8,648
Receipts since Sept. 1, 1903 7,133,503
Last year 7,702,262
Stock at all ports yesterday .. 82,182
Stock same day last year 207,892
DAILY COTTOS MARKET.
Galveton—Firm; middling, 10%; net
receipts, 464; gross. 464; sales, 31; stock,
4,226. Exports—Coastwise, 100.
Norfolk—Nominal, net receipts, 175;
gross. 175; stock. 2,625.
Baltimore —Nominal; middling. 11.25;
stock. 648.
Boston—Quiet; middling, 10.65; net
receipts, 50; gross. 372; stock, 70.
Wilmington—Nominal; stock. 123.
Philadelphia—Steady; middling. 10.90;
net receipts, 5; gross, 5; stock. 1,370.
Savannah—Steady; middling. 10%;
net receipts, 28; gross, 28; sales, 169;
stork, 11,719. Exports—Coastwise, 453.
New Orleans—Quiet; middling, 10%;
net receipts, 224; gross, 224; sales, 300;
stock. 27,330.
Mobile—Nominal; middling, 10; stock
258.
•Memphis—Steady; middling. 10%;
net receipts. 15; gross, 386; sales, 175;
stock, 11.715.
•Augusta—Steady; middling, 10%;
net receipts, 2: gross, 2; sales, 60; stock
3,041.
Charleston—Nominal; stock. 691.
•Cincinnati—Net receipts, 61; gross,
61; stock. 3.790.
•Louisville —Firm; middling, 10%.
•St. Louis —Quiet: middling, 10%; net
receipts, 6; gross, 230; sales, 49; stock,
9,026.
•Houston—Steady: middling. 10%; net
receipts. 328; gross, 328; sales. 242;
stock, 5,754.
. New York—Dull; middling. 10.65;
gross receipts, 382: sales, 468; stock,
33,192. Exports—Great Britain. 1,419;
continent. 100.
Total To-day, at All Seaports—Net,
946; Great Britain, 1,489: continent, 100;
stock, 82,182.
Consolidated, at All Seaports—Net.
4.324; Great Britain, 7,726; continent,
K. 141.
Total Since Sept. 1, at All Seaports—
Net. 7,133.503; Great Britain. 2.501.126;
France. 699,033; continent. 2,594,134; Ja
pan. 46.195; Mexico, 27.310.
•Not included in totals.
SEA ISLAND COTTON.
Fancy East Flortdas 28
Fancy Florida* 26 @27
Extra choice Flortdas 25
Gholce Florida* 23%@24%
Fancy GoorgtrtS 24 fr2s
Extra choice Georgias 22 Ca 23
Choice Georgias 21 <6 21%
Extra fine Gr.’s and Fla's.... 10 @2O
Fine Ga.'s and Fla.'s 17 @lB
Common Ga.'s and Fla.'s 16
GOOD WEATHER
EASED OPTIONS OFF.
New York. Aug. 11.—The cotton
market opened steady at an advance
of I@2 points on the new crop; August
being neglected. This was hardly a
response to the firmer cables, the ef
fect of which seemed to he ofTset by
a more favorable interpretation of the
day's weather map, which showed only
light and scattering rains in the F.ast
ern belt, while the Indications were
for clearing and comparatively cool
weather, which, following the recent
reins will reduce the danger of shed
ding to the minimum. After some ir
regularity the market became easier
toward the middle of the forenoon with
offerings rather more general, includ
ing selling by brokers believed to rep
resent lower Wall street, and New
Orleans bulls and the English mar
ket having eased off. prices here broke
to a net decline of about s@lo points.
This was followed by a rally on a re
newal of bull support and further re.
ports from private sources of crop de
terioration and in the afternoon the
market ruled irregular, with the late
months at times selling about even
with last night's final sale*. At the
clone the list was well down toward
the lowrest, and the market barely
steady at a net loss of 44J7 points
Hlea wan* • Unrated at only 76.900
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 Ass n.
New York Cotton Exchange.
New York Coffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
| Associallon.
! Savannah Cotton Exchange.
J. M. McCORD. Manager,
104 Bay. East, Savannah. Go.
! bales and most of the business seemed
j to be between professional interests.
SPOT COTTON AT NEW YORK.
New York. Aug. 11.—Spot cotton
closed dull: middling uplands. 10.65 c;
middling Gulf. 10.90 o; sales 468 bales.
Cotton futures at New York—
Options. I Open.) High.] Low.| Close.
August .... 10.17b| 10.25 10760 loTIO
September 10.00 10.00 9.85 9.87
October .... 9.81 9.81 9.72 9.74
November 9.68
December . 9.78 9.78 9.68 9.72
January ... 9.79 9.80 9.71 9.73
February 9.77 9.77 9.75
March 9.84 9.84 9.78 9.78
April 9.81
May 9.88 9.88 _9.88 9.84
Futures opened steady; closed bare
ly steady.
New York, Aug. 11.—The Cotton Ex
change will be closed Saturday, Sept.
3 and Labor Day.
FUTURES WENT OFF
AT NEW ORLEANS.
New Orleans. Aug. 11. —Cotton fu
tures quiet and steady; August, 10.30®
10.32 c; %eptember. 9.76@9.77c; October.
9.57®9.58c; November, 9.54@9.56c; De
cember, 9.55©9.56c; January, 9.60®
9.62 c; February, ; March, 9.69®
9.71 c.
Spot cotton steady and a shade low
er to sell. Cloudy weather interfered
with the inspection of samples; sales
500 bales. Quotations unchanged.
Futures opened steady with prices 2
to 4 points higher than yesterday's
closing. The market was dull imme
diately following the opening, but later
a large number of selling orders were
in evidence, with but a slight demand.
They sent prices down quickly from
12 to 20 points. Shorts took profits
freely on this slump, causing a recov
ery of the greater portion of the de
cline. The weather map reported con
tinued rains, well scattered over the
belt. The precipitation, however, was
not heavy. Scattered rains were prom
ised in the forecast for to-night and
to-morrow. Less and less attention
is being paid to rains because of the
fact that the heavy crops of the past
have been raised with a wet August.
In the trading, Septembe'r first gain
ed 4 points, at 9.89 c, declined to 9.68 c
and finally advanced to 9.76 c. The
market closed quiet, showing net losses
of 1 point on August. 9 on September
and 3 each on the other positions.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 11.—Cotton, spot,
small business; prices 8 points higher;
American middling fair, 6.36d; good
middling, 6.22d; middling. 6.10d; low
middling, 5.94d; good ordinary, 5.72d;
ordinary, 5.48d. The sales of the day
were 6.000 bales, of which 500 were for
speculation and export, and included
5,200 American. Receipts none.
Futures opened quiet and closed
steady; American middling, good ordi
nary clause; August, 5.84d; August-
September. 5.67d; September-October,
5.42d: October-Novemher, 5.33d; No
vemher-December, • 5.30d: Deoember-
January, 5.27d; January-February,
5.26d; February-March, 5.26d; March-
April, 5.26d.
IYEMERE A HAMMOND’S
Dally Cotton Letter from New
* York.
New’ York. Aug. 11.—The advance in
spots and near months in Liverpool
is indicative of the anxiety felt there
over the question of supplies for the
next sixty <fays. The winter months,
on the other hand, were neglected,
and lost the early advance scored. It
has come to be the fashion abroad to
consider a big crop already made and
only waiting to be gathered, but if
recent advices from Texas are to be
believed, we are on the eve of a crop
scare from that quarter; conservative
people not given to exaggeration, re
port boll worms and boll weevils both
working great damage, thetr activity
being directly traceable to the show
ery weather, which h'as prevailed re
cently. Predictions for to-morrow are
for further showers, and it is plain
that unless dry weather sets In prompt
ly, a fine prospect will be sadly mar
red. Before the advent of the wee
vil, it was an axiom in Texas tliat
“Plenty of rain makes plenty of cot
ton,” but it has recently been found
that wet weather at this time of year
makes a bigger crop of weevils than
bolls, and that the weevil when pres
ent sufficient numbers to destroy
forms and young bolls as soon as they
appear, wet we’ather increases thetr
activity and we must be prepared to
hear loud complaints of widespread
damage from this section. As the
movement of the new erop has also
been retarded by the rains and the
cotton world is forced to wait con
siderably longer than expected for re
lief from an intolerable state of short
supplies, the market is in no condi
tion to withstand any news seriously
threatening the outturn of the crop in
tile bunner state of the belt. It will
be remembered that the short crop of
the past year was due almost entirely
to the shortage in Texas.
HAYWARD, VICK A CO.’S
Dally Cotton Letter from New
York.
New York, Aug. 11.—Its Just the
same kind of market as we have had
for long enough, and there seems to be
no indication of any immediate change
in the situation. Crop reports are aver
aging up a little less favorable, wheth
er, as lower Wall street suggests in a
recent clrculai, because Southerners
take a more pessimistic view, as mar
ket time approaches, whether as an ac
tual result of tecent ruins, which there
Is a general disposition to doubt, or
whether the result of the normal de
terioration in appearance as the plant
approaches maturity remains to be
seen.
For our own part we cannot see that
anything serious enough has happen
ed to the crop to suggest anything
but a bumper yield. Cables were a
little better than looked for to-day,
but we barely responded, with an open
ing advance of 1 to 2 points. Later
the market showed weakness, and we
sold to a net loss of 6 to 10 points with
a very little outside support apparent.
In the early afternoon about 5 points
DEMERE L HAMMOND, Brohers,
Phones 1505 Office No. 24 Bryan street, East.
COTTON, STOCKS, BONDS, GRAIN AND PROVISIONS
Dimes Private Wires 10 Leading Exchanges
LOCAL MuGLIU TULM A hl'JiA lALTX,
dAYANNAH MORNING NEWS: FRIDAY. AUGUST 12. 19u4.
of this loss was recovered on bull sup
port.
It seems that large professional op
erators are taking advantage of the
small outside business, and the present
deadlock to milk the market. With
the weather clearing up, the apparent
outcome of the war as far from an end
as ever, now that the Port Arthur
fleet has escaped, crop prospects be
yond all previous outlooks, we hardly
see how a decline is to be avoided.
WARE A I,ELAND
Say New Cotton Is Needed To
f hange Market.
New York, Aug. 11.—There Is really
nothing to be said about the cotton
market. It is the same story day aft
er day. There is no damage to cause
any anxiety, and not enough new cot
ton to start a decline. Therefore, dead
lock. It will take new’ cotton to change
the character of the market. There
seems to be a determined effort to
bring about an advance, and for this
reason there is less cotton sold now
than a few weeks ago. So much de
pends on a big crop that traders are
not to be blamed for avoiding the short
side. We would rather wait for ad
vances to sell on and would not fail
to take profits on every break. It will
be some time before we have a run
ning decline and perhaps not at all.
There is every reason for the most
cautious kind of trading just at this
time. We confess we don’t see a thou
sand and one reasons to buy cotton.
The dry goods trade is bad and the
crop looks as though it would be a
whopper. But its not gathered yet, and
we must be prepared for poor accounts
from some sections, else we would
raise 15,000,000 bales. The South is, of
course, heavily short, but the crop is
doing very well, and there is not much
in sight to buy or sell on.
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 Market
steady. Commercial demand sterling,
$4.83%: sixty days, $4.85%©4.85%; nine
ty days, $4.84%: francs, steady, $5.16;
sixty days. $5.18%; marks, 95%c; sixty
days, 94 13-16; ninety days, 94 11-16 c.
Bank Stocks.
Bid. Asked.
Chatham Bank 80
Citizens Bank 153
Commercial Bank 108
Chatham R. E. 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 Indnntrinl*.
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. Dref 76 80
do common 15 20
Georgia Railroad, com 251
Planters’ Rice Mill 92% 95
Propeller Towboat, ex-div. ..90 95
Savannah Elec, preferred .. 85 87%
Savannah Elec, common 14 15
Savannah Hotel Company .. 62 65
Southwestern, ex-div 113% ...
Southern Railway pref 90 91
do do common 25% 26
Savannah Brewing 104 106
Savannah Cotton Exchange.. 65 70
ft 011 dK.
Chat, and Gulf R. R. 5 per
cent Ist mortgage 102% 103%
C. of Ga. 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 106 108
G. 8. and F. 5s 113 113%
Georgia State 3%5, 1930 108 110
do do 3%5, 1915, M. and N..10t% 105%
do do 4%5, 1915 112% 113%
Macon Ry. and L. bonds .... 89 90
Jacksonville Electric 5s 95 97
Oce'an 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% 18
Savannah Elec. Cos. 5s 92 94
Eatonton 106 108
GENERAL MARKETS.
New York, Aug. 11.—Flour, firmly
held, with light trade.
Rye flour, firm.
Corn meal. Arm.
Rye, nominal.
Barley, steady.
Wheat—Spot, strong; No. 5 red,
nominal elevator. Wheat was highly
sensational again to-day. It broke a
cent early, under the bearish crop
report and short selling, September go
ing to $1.03%. Later, bulls sprang
more calamity news on the m'arket,
and a stampede of shorts followed,
prices going to $1.07%, making new
high records. The close showed 2%®
3c net advance. May, $1.06%; Sep
tember, $1.07%; December, $1.06%.
Corn—Spot, strong; No. 2. 59%c ele
vator; No. 2 yellow, 62%c; No. 2 white,
61c. Option market declined early on
the crop report, but recovered on good
outside buying, and was finally strong,
with wheat dosing % to lc net higher.
September, 59%c; December, 57%c.
Cats—Spot, market quiet; mixed
oats. 264i32 pounds, 41®43c.
Beef, steady.
Cut meats—Quiet; pickled shoulders,
7c.
laird, steady; refined, steady.
Pork—Barely steady; mess, $14.00®
14.25.
Tallow, steady.
Rice, quiet.
Molasses, steady.
Cnffee, spot Rio, steady: mild. firm.
Sugar, raw, strong: refined. Arm.
The market for coffee futures open
ed firm, at an advance of s®'lo points.
The close was firm, at a net gain
of 5® 10 points. Sales. 81.750 bags.
Butter flint and unchanged.
Cheese steady and unchanged.
Eggs steady and unchanged.
Potatoes steady; Long Island, $1.50®
1.75; Southern and Jersey. $1.37®1.62;
Southern sweets. $2.50®3.00.
Peanuts easy; fancy hand-picked.
6%c; other domestic, 3®6%c.
Cabbages dull; l*ong Island and Jer
sey, per 100, 50c © $ 1 .00; per barrel, $l5O
©2.50.
Cotton by steam to Liverpool, 12®
20c.
WHEAT BROKE
SEASON’S RECORD.
Chloago, Aug. 11. -Wheat prices
broke the record for the present crop
to-day by an upward whirl of 4%©
4%e, The motive was the govern-
SPIRITS GO HIGHER
OPENED AT 53 1-4 CENTS AND AD
VANCED AT CLOSE TO 33%.
ALL LATE OFFERINGS SOLD.
KOSINS MARKET OPENED STEAD!
AND UNCHANGED AND CLOSED
FIRM.
In Post Market Trading All Offer
ings Were Taken at Quotations.
Outside Price Being Paid for 1.
Prices Unchanged from (lose oi
Previous Day—Receipts 2,540 Bar
rels and Exports 2.175 Barrels.
Receipts of Spirits 702 Casks bat
no Exports Reported.
The spirits market went higher
again at the close yesterday, opening
firm and unchanged from the close of
the previous day, 53% cents, with
sales of 209 casks, and closing firm
at 53% cents, with further sales of
150 casks. Though some of the big
gest exporters are still out of the mar
ket the demand In the post market
trading was strong enough to take
care of all of the offerings and the
day's receipts were cleaned up at the
closing quotations. The receipts were
702 casks and tihe exports, nothing.
The New York market was quoted
quiet at 56% cents and London, at
40.10%.
Rosins started the day 'a little weak,
opening only steady though unchang
ed from the closing of the previous
day, with sales of 758 barrels; but
the demand grew better later, and
at the close the tone had changed to
firm and additional sales of 897 barrels
were reported. In the late trading
the receipts were generally taken care
of at quotations the outside price be
ing paid for I. The receipts were 2,-
546 barrels, and the exports, 2,175 bar
rels. The New York market was quot
ed quiet at 260.
NAVAL STORES STATEMENT.
The following are the figures and
quotations of the naval stores market,
as posted at the Board of Trade yes
terday ;
Spirits. Rosin.
Stock April 1 6,495 4 4,550
Receipts yesterday 702 2,546
Receipts previously 93,658 247,479
Exports yesterday 2.175
Exports previously 68,012 226^058
Total 68,012 228,233
Stock yesterday 32.843 66.342
Stock last year 14,554 51,984
Yester- j Day Be- Last
day. | fore. Year.
Spirits ~.| 53%1~ 53% | 52%
Spirits ■■■[ Firm. | Firm. | FirmT
Sales | _ 359| _ 205 ~ 331
Rosin | Firm. Firm. Firm.
W. W. ... 47<50 L6O 5740
w - G 4.35 4.35 3.20
N 4,00 4.00 3.05
M 3.85 3.85 2.95
K 3.55 3.53 2.85
I 3.25@3.30 3.25®3.30 2.70
H 2.70 2.70 2.20
G 2.50 2.50 1.80
F 2.45 2.50 1.70
E 2.40 2.40 1.65
D 2.35 2.35 1.60
C, B. A... 2.30] 2.30 1.60
Sales j 1.656| 3,947
IN OTHER MARKETS.
New York. Aug. 11.—Rosin, quiet.
Turpentine, quiet.
Charleston, S. C., Aug. 11.—Turpen
tine, firm. 53c; sales, none.
Rosin, firm; sales, none. A, B C
$2.20; D, $2.25; E, $2.30; F. $2 35-’ g’
$2.40; 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. 11.—Tur
pentine steady, 52%®52%c; receipts, 66
Rosin firm, $2.20, bid; receipts, 188.
Tar firm, $1.70; receipts, 13. Crude
turpentine firm. $2.25. $3.75 and $4.00;
receipts, 87.
New Orleans, Aug. 11.—Receipts,
rosin, 119 barrels; turpentine,29 casks.
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 89.589
Week 574,857 2,282,274
Month 1,901,729 2,638,224
Since July 1 10,648,410 10.959,301
Where Shipped—
Foreign 2,125,701 527,346
Baltimore ... 1,924,027 1,843 4’o
Philadelphia 1,176,918 1,987^949
New York 5,039.319 2,581,747
Boston 129,035 915,873
Other ports 253,410 3,103,161
ment crop report, which, without tak
ing Into account rust damage within
ten days, estimated the yield of win
ter and spring wheat at 47,000,000 bush
els less than promised a month ago
At the dose, September, as compared
with yesterday's final figures showed a
net gain of 2%c. Corn Is up %c.
Oats are %e up. Provisions vary from
2%c higher to 20c lower.
The leading futures ranged as fol
lows
Opening. Highest Lowest Closing.
Wheat No. 2
•Sept. .1 01% l 05% 1 01% 1 05%
’•Sept. 1 o('% 1 04% 99% 1 03%
Dec. . ..99% 1 03% 98% 1 02%
May ..1 00% 1 04% 100 X 04%
•Old. “New.
Corn No. 2.
Aug *.... .... 53%
Sept. . .53% 54% 53 54%
Dec. . ..49% 51% 49% 51%
Oats No. 2.
Sept. . .33% 35 33% 34%
Dec. . ..34% 35% 34% 35%
May . ..36% 37% 36% 37%
Mess Pork, per barrel—
Sept. sll 95 sl2 05 sll 92% sll 95
Oct. 12 07% 12 10 12 00 12 05
Lard, per 100 pounds—
Sept. 6 62% 670 660 670
Oct. 6 70 6 80 6 70 6 80
Short Ribs, per 100 pounds—
Sept. 750 755 750 7 52%
Oct. 7 47% 755 7 47% 7 52%
Cash quo.at’ons were a* fellows
Flour easy; No. 2 spring wheat, $1.07®
1.08; No. 3. 95c®51.05; No. 2 red, $1.01%
©1.06%; No. 2 corn. 54%'-; No. 2 yel
low. 56%c; No. 2 oats. 32®33%c; No. 2
white, 35%®36c; No. 3 white, 36©35%c;
No. 2 rye. 70%®71%c; good feeding bur
ley, 33ff140%c, fair to choice malting.
424145 c; No. 1 flax seed. $1.19; No. 1
Northwestern. $1.26%. prime timothy
seed. $3 00. mess pork, per barrei.
$12.00®12.00%; lard, per 100 pounds,
$6 60©6.62%: short ribs sides, tloose),
$7.40®7.55. short clear sides, (boxed).
$8.00©8.25: whisky, basis of high wines,
sl.2*; clovOr, contract grade, $11.50©
II 75.
Receipts.—Wheat, 145,000 bushels; i
corn, 119.900 bushels; oats. 327,700 bush
els.
COTTON SEED OIL
New York, Aug. 11.—Cotton seed oil I
! was firm with a good demand. Prime
crude, f. o. b. mills, 22@22%c: prime
summer yellow, 27%<g'28c; oft summer
yellow, nominal; prime white, 32c;
prime winter yellow, 32c.
DRY GOODS.
New York, Aug. 11.—The market at
first hands remains unchanged as
far as any increased activity is con
cerned. The policy of holding back
remains unchanged and is likely to
remain so until Increased business at
jobbers hands forces them Into the
market to replenish stocks. • Buyers
continue to watch the cotton market
in anticipation of lower prices.
REVOLUTION IN PARAGUAY.
There and In Uruguay Insurrections
Are Afoot.
Buenos Ayres, Aug. 11.—The revo
luntionary movement at Asuncion, the
capital of Paraguay, was initiated by
a member of -the Chamber of Depu
ties with the object of overthrowing
the administration of President Ezcur
ra. There have been no disturbances
whatever in the country districts. The
government forces are concentrating
at the capital and requisitions have
been made for arms.
The steamer Sajoni'a, which sailed
from La Plata, Aug. 4, Is of 215 tons
and is equipped with six Krupp guns.
She is ascending the Uruguay river
with the object of making an attack,
and it is expected that there will be
a naval engagement between the Sa
jonia and ian armed passenger river
boat manned by national troops. For
eigners are taking refuge in the lega
tions of their respective countries.
The revolution in Uruguay has in
creased in activity and to-day heavy
fighting is reported in which it is said
that the revolutionists inflicted a se
rious defeat on the forces of the gov
ernment.
HOOT FOR GOVERNOR.
The Boom for Him Seems to Have
Broken Oat Anew.
New York, Aug. 11.—“ Elihu Root
must take himself out of the field for
the governorship in a more positive
manner than he has yet indicated or
he will be nominated at the Saratoga
convention next month."
That was the opinion expressed by
a member of the New York Republi
can State Committee after he had
been conferring with other members
both before and after a brief meet
ing of the committee to-day. "He will
have to make a public declaration
through the newspapers or the conven
tion will put him at the head of the
ticket," the member added.
Other members of the committee
talked in a similar strain and the
Root boom is again on in earnest.
“If not Root, then Higgins will be
the man.” was the verdict of the com
mitteemen who were giving their at
tention to the governorship.
CONTRACT WAS BINDING.
Derision In the Son thorn Car and
Foundry Case.
Chattanooga, Tenn., Aug. 11.—Judge
Clark, in the United States Circuit
Court, to-day derided that the contract
entered into by the Southern Car and
Foundry Company and certain holders
of warehouse receipts is a binding one,
that the transfer thus made was a sale
and not a bailment, and that the hold
ers of the receipts are preferred cred
itors.
The trustees in bankruptcy found
that warehouse receipts had been is
sued by the Southern Car and Foun
dry Company to the amount of nearly
$1,000,000 and that money had been
borrowed upon these receipts from
hanks in various sections of the coun
try. The trustees believed that the
receipts had been Illegally issued and
brought suit against the holders to
have them declared invalid and set
aside.
PANIC AT PICNIC.
Women and Children Were Crowded
Overboard.
Lowell, Mass.. Aug. 11.—By the
breaking of the chains which had held
it to the shore, a landing raft crowded
with picnickers was set adrift in Lake
Kabnasset, at West Chelmsford, to
day, and In the panic which ensued
twenty-five women and children were
pushed overboard into fifteen feet of
water, while many others sustained
painful bruises.
The most seriously injured was Miss
Gertrude Weaver, who was trampled
upon and also suffered from nervous
shock. That no fatalities resulted was
due largely to the presence of mind
of Rev. A. F. Emshaw and other
men who jumped into the water and
brought the helpless ones ashore.
SMALLPOX APPEARS
IN DOWIE’S ZION.
Chicago. Aug. 11.—An epidemic of
smallpox has broken out in Zion City,
the home of John Alexander Dowie, the
so-called "divine healer.” All told
there are said to be fifteen persons ill
with the disease, although Dowie's
lieutenants claim that there are but
eight. Al! the patients have been
isolated and Dowie and his elders daily
offer up prayers for their recovery.
PHYSICIAN HURRIES^
TO THE CZARINA.
St. Petersburg, Aug. 11, 5:25 p. m.—
Dr. Rott, the Imperial accoucheur,
was hurriedly summoned to the Villa
Alexandra. Vlt Peterhof, this afternoon
and an announcement thence is ex
pected hourly.
♦ ■
Been I ini'*) Oflf (he Tape.
New York, Aug. 11.—The oil-carry
ing steamer Northeastern, which ar
rived to-day from Sabine Pass, reports
that the schooner Bessie Whiting was
spoken on Aug. 9 about twenty miles
north of Diamond Shoal lightship,
twenty-four days out from New York
bound for Charleston. She had been
three times around Cape Hatteras, but
had drifted back. There were forty
six other schooners bound south, all
becalmed.
Shot In n Fend.
Louisville, Ky., Aug. 11.—John Bar
bour to-day shot and probably fatally
wounded Francis Hagan, a lawyer,
and brother of Prosecuting Attorney
Robert Hagan of this city. The shoot
ing occurred at the Hagan farm near
Shepherdsvllle. Bullitt county, and will
possibly end a feud of three years'
duration, during which both princi
pals had occasionally shot and slight
ly wounded the other.
Campaign In Massachusetts.
Boston, Aug. 11.—Plans for a tour
of the state next week to effect a
Democratic organisation In every town
were made to-day at a meeting of the
Executive Commit lee of the state com
mutes.
Senator Sent! Improved.
New York. Aug. U.-Ohtlrman o>r
teiyou called on (Unator Hcott at hla
hotel to-day and found that bs was
much improved.
ORDERS, ORDERS!
We have for Wool, Wax, Hides and Furs.
—Ship them in
A CUD! IPU ff DDn Wholesale Grocers and Liquor Dealers
i LimLlUn Qfr DilUh i 11-113-lis Bay Street, West.
THE CHASMAR KING 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 HUXL EY VALVES.
PLANS OF JAPANESE
WERE NOT REALIZED.
Gen. Kuroki's Headquarters in the
Field Near Toivan, Aug. 1. (Delayed in
transmission.) —Yesterday's battle con
sisted of a double attack for the pur
pose of driving the Russians from
their strong defenses, commanding the
Yangse pass on the Liao Yang road,
through the first range of hills be
yond Motien pass and Yushu pass on
the road to Mukden.
The operations extended’over a front
more than fifty miles in length. Both
attacks were successful in respect to
carrying local points, but the Japan
ese plans were not fulfilled for the
reason that they contemplated partly
surrounding the enemy; capturing
many and possibly capturing the bat
teries. The Russians managed to re
treat with all their guns except one.
They carried away their dead and
wounded, and they left fewer prison
ers behind than in several recent out
posts skirmishes.
SHIPPING HAS BEEN
QUITE SUSPENDED.
Berlin, Aug. 12.—The Tokio corre
spondent of the Lokial Anzeiger says
that commercial shipping has been
entirely suspended owing to the es
cape of the Port Arthur squadron, the
present location of which is unknown.
The Lokal Anzeiger, in commenting
on the dispatch says it indicates that
the squadron has crossed the strait
of Pe Chi Li and has rounded the
Shantung promotory.
Squadron at Smyrna.
Smyrna, Asiatic, Turkey, Aug. 11.—
The American squadron, consisting of
the Olympia, Baltimore and Cleveland,
anchored here this morning.
GRAVELLE SHOT HIMSELF
After Having a Fierce Fight With
Officers.
Helena, Mont., Aug. 11.—Isaac Grav
elle, on trial for robbing a powder
house near Helena last September of
powder which was used in wrecking
Northern Pacific trains, committed
suicide this afternoon in the basement
of Gov. Toole’s home.
Gravelle escaped from the Lewis and
Clark county jail as he was about to
be taken to the court room across the
street. He first fatally shot Tony
Korizek, a deputy sheriff.
Pursued by deputies. Gravelle took
refuge in an alley beside the residence
of Gov. Toole. A pistol fight took place
in the alley and Gravelle then ran in
to the basement of the Governor's
house, where he shot and killed him
self.
When his body was picked up he
was found to have been wounded sev
eral times in his fight with the depu
ties.
WAYCROSS MAN BOUGHT
TURPENTIME FARM.
Waycross, Ga., Aug. 11. —M. L.
Moore of this city has closed a
deal with his partner. R. V. Douglass,
for the purchase of his interest in the
turpentine farm at Center Park, Duval
county, Florida. The property con
sists of 25,000 acres of timbered land,
two stills, live stock, etc. The place
is valued at $125,000, and it is claimed
that the timber for sawmill purposes
alone is worth $75,000. Mr. Moore
will conduct the business at Center
Park, but will not move from Way
cross.
Waycross Proposed School for Boys.
Waycross, Ga., Aug. 11.—The com
mittee in charge for the soliciting of
funds for the proposed school for boys
in Deenwood, ‘a suburb of Waycross,
is meeting with great encouragement.
So far, SB,OOO of the $25,000 necessary
has been subscribed. It is proposed to
erect a school building and fully equip
it at a cost of not less than $25,000.
Geo. W. Deen has donated twenty
acres of land, on which the building
will be built. The school has already
been unanimously indorsed by the
Waycross District Conference, ’ which
met at Broxton a few days ago. It is
to be under the supervision of the
South Georgia Methodist Conference.
Candidates for Wnrr'a ftlDm,
Waycross, Ga., Aug. 11.—Three can
didates have announced for judge and
one for solicitor of the City Court of
Waycross. Judge J. C. Keynoids has
announced his candidacy for re-elec
tion, and opposing him, John T. Myers
and A. E. Cochran have also announc
ed. Hon. S. W. Hitch may also be
a candidate for the judgeship. Mr. J.
Walter llennett, the present solicitor
of the City Court, asks for re-election,
and in all probability he will not have
opposition.
Waycross' Xpw Residences.
Waycross, Ga.. Aug. 11.—Among the
new buildings which are to be com
menced in this city during the present
month are handsome residences for Mr.
Younglove on Tebeau street and Mr]
M. L. Moore on Brunswick avenue.
Two of the prettiest dwellings In the
city are now being constructed for Mr.
Moore of Carswell street.
Rev. A. S. Allen (lone to Tennessee.
Mclntosh, Ga.. Aug. 11.—Rev. A. S
Allen and family have gone to Mr. Al
len's new field of labor at Mount Pleas
ant. Tenn. For five years he has been
the acceptable pastor of the Flemington
Presbyterian Church. Before leaving
his congregation presented him a hand
some solid silver fruit dish handsome
ly inscribed.
Waycross to Consider Immigration.
Waycross. Ga.. Aug. 11.—Another
mass meeting of citizens has been
called at the Chamber of Commerce
rooms Friday, for the purpose of con
sidering a modified proposition from
the immigrant agent regarding the
location of fifty German families here.
The first proposition from the agent
was declined.
Peoria as Hendiinartera.
Lincoln, Neb., Aug. 11.—Tlte Populist
National Committee met here to-day
and chose Peoria, lit., as national head
quarters.
Pickering for Congress.
Cookvlile. Tenn.. Aug. 11.—The Fourth
District Republicans to-day nominated
W. B. Pl< kerlng of fimlth county for
Congress to oppose Oen. M. Q, Butlsr,
tbs Democrat: nomine*.
TAFT ON THE PHILIPPINES.
Secretary of War Spoke to a Chau
tauqua Audience.
Chautauqua, N. Y., Aug. 11.—Sec
retary of War Taft to-day addressed
the largest audience that has gather
ed at the summer assembly for years.
His subject was "Our duty In t'he
Philippines.” Among other things the
Secretary said:
“It is the failure to identify them
selves with the government as part
of it and as responsible for its proper
administration that renders the great
body of the Filipino people at present
unfit for complete self government and
the introduction of the system of jury
trial.”
The problem before this govern
ment. he said, is how best to educate
the Filipinos for self government. The
first step taken was the education of
the present generation in the primary
and secondary schools and in English,
and he recounted the progress that has
been made. It was a matter of con
jecture. how long the process of educa
tion of the people will take, but it
should be continued long enough under
American auspices to insure its con
tinuance under the auspices of the
Filipinos, if they should see fit to
establish an independent government.
Continuing, he said: “If the gov
ernment were now turned over to the
Filipino people without American guid
ance then we can be sure that the
whole fabric of the educational system
established by the American govern
ment in those islands will fall to
pieces. The self sacrifice, the patience
and the knowledge necessary to the
continuance of such a system of edu
cation are not to 'be found now even
among the Intelligent classes of the
Filipino people. They are not suf
ficiently charged with the importance
of maintaining <all these instruments
I have described, for the purpose of
elevating the poor and common peo
ple. They are content with a govern
ment of the few.”
HANNAH EL!AS*HAS
PROPERTY CARED FOR.
It Goes Into the Hands of a Receiver
the Court Appointed.
New York, Aug. 11.—Justice Blanch
ard to-day appointed Gilbert M. Mon
tague temporary receiver of the real
and personal property of Hannah
Elias, in the action brought against
the negress by John R. Platt, the aged
millionaire, to recover property worth
$685,000.
Justice Blanchard also continues and
makes absolute the temporary in
junction restraining Hannah Elias
from transferring or disposing of any
of the property in her hands, but al
lows her SSOO a month from the rents
of the real estate and such counsel
fees as may -equired by her to de
fend Platt's suit. c. .lAtygtf dll'S..
Many Shots; None Hurt.
Cripple Creek, Col., Aug. 11.—A com
mittee of five men went to the home
of George Shedit last night for the
purpose of deporting him. After the
men had gained entrance to the house
Shedit began shooting at them. The
fire was returned by one of the mem
bers of the party and a dozen shots
were exchanged, but no one was
wounded. The would-be deporters
finally retired. Shedit was taken to
the city jail where he will be held for
protection.
Annual Mountain Excnrslon,
Southern Railway.
Wednesday. Aug. 17 is the date and
tickets will be honored on train leav
ing Savannah 6:00 a. m.. railroad time,
or on one leaving 12:05 midnight, rail
road time. Day train will carry
through coaches to Asheville and night
train will handle Pullman sleeping car
made ready for occupancy at Savan
nah 9:00 p. m. Final limit of tickets
Sept. 1. The one opportunity of a year
to visit the famous resorts of the Car
olina mountain country at round trip
rates less than the regular one tray
fares. Southern Railway is the way
to go. For information, reservations
or descriptive literature, call on E. G.
Thomson, C. P. and T. A„ 141 Bull
street. —ad.
$25.10 Boston and Return, All Rail.
Southern Railway will sell tickets as
above on Aug. 12-13-14, good to leave
Boston, returning not later than Aug.
20, but limit can be extended to Sept.
30, upon payment of 50 cents extra.
Stop-over not to exceed ten days may
be obtained at New York returning.
Convenient schedules, Pullman draw
ing room sleeping cars and excellent
dining cars. Any desired information
furnished by E. G. Thomson, city
passenger and ticket agent, 141 Bull
street.—ad.
sti.sA Wrtghtsyille Reach and Rr
tnrn 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.
HARDEN &ROURK,
118 Hay Street, West.
Everything In the Line of
Hay, Grain and Feed.
“Our Prepared”
Cow Feed.
ROTH PHONES 228.
No. 18 Bull Street
Northeast Corner of Bryan Street.
Affer September 1. 1904.
Will be Occupied by
WILLIAM ESTILL,
(I,Mill's News Depot)
With a large nnd varied stock oi
Newspapers,
Books, Periodicals
and Stationery.