Newspaper Page Text
8
SPOTS WENT LOWER
AND SALES WERE MUCH SMALLER
THAN EARLIER IV WEEK.
RECEIPTS CONTINUE HEAVY.
SniHMEXTS YESTERDAY AMOUNT
ED TO BALES.
Grmtrr Portion of Tlic*c Shipment*
Foreign—F. O. B. Mnrket Did Fair
Buaines* In Moriiiuc, Hill Trails
Waa Lc llrink In Afternoon
Hnycr* Showed Tendency to Hold
Off for Lower Price*—Fntnre* Mar
ket* Opened Lower anil Showed
Downward Trend During Entire
Session.
AT THE t'LOSE.
FtTIRE*.
Liverpool, 0 to llpolllts down.
Yew York. 11 to 11 point* down.
Yew Orleans. 14 to 111 point* down.
SPOTS.
Liverpool. 4 points down.
Yew York, 30 point* down.
Yew Orleans, 1-llic. down.
Savannnli, 1-Sc. down.
Business In the cotton trade was
less active yesterday than it was dur
ing the earlier part of the week. The
demand was less insistent, and a fall
ing market made the buyers hold off
under the prospect of still lower prices.
The result was that the sales for the
day were much smaller than they
have been for some time. The changes
in tone and price during the day fol
low: ___
1 Opening 1 O'clock Close
i Quiet | |
land easy| Quiet. Quiet.
£7 middling T| 10% K> 11-16 10%
Middling .... 10% 10 7-16 10%
L. middling .: 10 9 15-16| 9%
' Sales | ~ 250| 312 569
*Total
The f. o. b. market opened easy at
10% cents, basis good middling, and
closed steady at 10% cents, same basis.
The business was fair during the ear
ly session, but later the exporters were
bidding l-16e under the price, though
buyers and holders were able to get
together often enough to allow sales
to be effected in many cases.
The receipts for the day were 8,110
bales and the shipments. 16,329. of
which 11.769 was shipped to foreign
ports direct, the remainder being
coastwise.
In the futures markets there was a
general decline in prices, New York
opening unchanged to 7 points lower,
and New Orleans opening lower on the
entire list. In both markets the close
was marked by net losses ranging
from 11 to 16 points.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday:
l~4:00 | Year"
Grades. | P. YLJ Ago.
Good middling 10% 10%
Middling 10% 10%
Low middling 19% I
Tone 7.* [
•Quiet. “Steady.
Sales. 642.
Exports—
Continent 11,769
Coastwise 4,560
Receipts yesterday 8,110
Last vear 3.786
Year before last 5,900
Receipts since Sept. 1 52,951
Receipts same time last year.. 20,657
Stock yesterday 29,969
Stock last year 12,292
Receipts and Stocks at All Ports—
Receipts yesterday 27,815
Same day last year 8,200
Same day year before last .... 28,457
So far this week 131,616
Last year 34,525
Year before last 153.485
Receipts since Sept. 1. 1904 154,478
Last year 38,759
Stock at all ports yesterday.... 145,704
Stock same day last year .... 145.117
Sea
Receipts Past Week: Upland. Island.
C. of Ga , 18,461! 16
S., F. and W 10,039 79
C. and S 1.136
Southern 2.127 3
S. A. L 10,554 105
Savannah river steamers.. 541
Beaufort and other stea'ers 19
Total 42.878 203
Exports—
Continent 11,769
Coastwise 19,951 1.227
Total 31,720 1,227
DAILY COTTON MARKET.
Galveston—Steady; middling;, 10V4c;
net receipts, 11,243; gross, 11,243; sales,
2 427.
Norfolk—Net receipts, 1,040; gross,
I, stock, 3,200.
Baltimore Nominal; middling,
11. net receipts, 137; gross. 387;
stock, 887. Exports—Continent, 100.
Boston—Nominal: middling, 11.20 c;
gross receipts, 150. Exports—Great
Britain, 2,068.
Wilmington—Quiet: net receipts, 314;
gross. 314; sales. 29: stock, 1,743.
Philadelphia—Quiet; middling, 11.25 c;
stock, 65.
Savannah—Steady: middling, 10 7-
16c; net receipts, 8,110: gross, 8,110;
sales. 562; stock. 29.969. Exports—Great
Britain. 6,350; coastwise, 4.560; conti
nent. 5.419.
New Orleans—Easy; middling, 1014 c;
net receipts, 2.389; gross. 2.389; sales,
5.300; stock. 22,125. Exports—Coast
wise. 100; continent. 1,568.
Mobile—Quiet; middling. 1014 c; net
receipts, 401; gross, 401: sales. 50;
stock, 3,379. Exports—Coast wise, 209.
•Memphis—Steady:middling. 10 9-l6c;
net receipts, 93; gross, 93; sales, 25;
stock, 8.611.
"Augusta—Easy; middling. 1014 c;
net receipts. 1,823; gross, 1,835; sales,
1,673. stock. 5,907.
Charleston Nominal; middling.
10'4c; net receipts, 1,183; gross, 1,183:
stock, 1.958. Exports—Coastwise. 3,043.
•Cincinnati—Firm; stock, 3,530.
•Louisville—Quiet; middling, 1044 c;
net receipts. 3. gross, 3.
•St. Louis—Quiet; middling. 10Kc;
stock, 3,709.
•Houston—Quiet: middling. 1084 c;
net receipts, 9.347; gross, 9.347; sales,
3,233; stock. 21.146
New York—Middling, 11.00 c; gross
receipts. 2,894: sales, 623; stock. 26.317
Exports—Great Britain. 5,518. conti
nent, 1.727, France. 250.
Brunswick—Net receipts. 3.1100. glass.
8,000. stock, 150. Exports—Great Brit
ain, 3,000.
St Louis—Add *O3 hales to receipts
this week.
Wilmington—peduct 2 hales from re
ceipts this week,
Total To-day at All Seaports- N'el
receipts, 27,817. Great Britain, 16.936
France. 260, continent. s 614. slirk.
146.704
Consolidated at All Seaports Net
tecelpts. 1t1.616, Great littlain, 40,128
Fiar.cs, 2M: continent. 27,7*7.
Total Since Sept 1. at All Seaport*
Net t<ii;►, 154,476, Ureal Britain,
111 1I
Cotton, Stocks,
Bonds. Grain.
Provisions and Coffee.
Direct Private Wires to All Markets.
MEMBERS
Xerr Orleans Cotton Exchange.
New Orleans Future Brokers Ass u.
New Y ork Cotton Exchange.
New Y'ork Coffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD, Manager ,
104 Bay. East. Savannah. Ga.
154,266; France, 8.968: continent, 28,485.
•Not included in totals.
SEA ISLAY D COTTON.
In the sea island cotton market busi
ness is limited, but the tone is easier
and at this date it is impossible to
make a variation in price of less than
1 cent. Business in the new crop lias
been done on the basis of 20 to 20%c
for fancy Georgias.
Prices follows:
Fancy FlOridas 20%@21
Fancy Georgias 19% @20%
Extra choice Georgias 19 @l9'%
Choice Georgias 18 @
Extra fine Ga.’s and Fla.’s —Nom.
Common Ga.’s and Fla.’s Nom.
[1904.;i903.
Receipts, net 203; 76
Receipts, gross 203| 76
Sales .. 278! ...
Exports 1,2271 233
Stock 2,57111,272
Receipts, season 223; 105
Receipts, season, net 223| 105
Shipments—
Domestic, via New York .... 1,212! 233
Havre, via New York 15j ...
Total |1,227j 233
Charleston, S. C., Sept. 9.—Sea is
land cotton: Receipts, none: exports,
none; sales, none; stock. 94 bags.
NEW YORK CLOSED LOWER
AND BARELY STEADY.
New Y’ork. Sept. B.—The cotton mar
ket opened easy at unchanged prices
to a decline of 7 points in response
to lower English cables, generally fav
orable weather advices and increasing
receipts. Trading was moderately ac
tive during the early session. Liver
pool continued easy after the local
opening and sent selling orders to this
side, leading to the suggestion that
the active covering noted in that mar
ket on the previous day had greatly
cleared up the speculative situation in
telation to September contracts, and
■the delayed shipments from this side.
At tirst the market here showed more
or less irregularity, and as prices drop
ped back to about 30 points under the
high point of yesterday there was a
fair demand from the scalpers on the
reacting theory. Wall street kept
hammering the market, and with hard
ly a reaction of more than 5 or 6 points
the list worked steadily downward un
til in the afternoon, it showed a net
loss of about 15 to 17 points. Later
there was a rally of 6 or 7 points on
covering and reports that a tropical
storm that bas been working up from
the YVest Indies had reached Florida
and it was likely to spread over the
entire Eastern belt. This stimulated
demand only for a moment, however,
the market was finally barely steady
at a net loss of 11 to 14 points, or
nearly the lowest for the session.
Sales were estimated at 300 bales or
a little better than yesterday. Full
exports were reported, but receipts
also ran full, and the large into sight
for the week had some influence on
the decline of the early afternoon.
SPOT COTTON AT NEW YORK.
New York, Sep’t. 9.—Cotton, spot,
closed quiet, 20 points lower: middling
uplands. 11.00 c; middling Gulf, 11.25 c.
Sales 623 bales.
Cotton futures at New York, Sept. 9:
Options. | Open.| High.j LowTTcToseT
September I 10.55 10.56 10.45 | loTdS
October ....! 10.30 10.40 10.16 i 10.19
November | 10.30 10.30 10.23 10.21
December .1 10.37 10.37 10.22 ! 10.25
January ...I 10.37 10.37 10.25 ! 10.28
February .. 10.38 10.36 10.35 j 10.31
March 10.40 10.41 10.31 1 10.35
April | 10.37
May 10.46 10.46 10.38 ! 10.41
Futures opened easy and closed
barely steady.
WHOLE LIST OFF
AT NEW ORLEANS.
New Orleans. Sept. 9. —Cotton fu
tures steady: September, 10.07® 10.09 c:
Dctober. 10.06 c: December, 10.11® 10.12 c;
January, 10.l7@10.18c; February, 10.22@
10.24 c; March. 10.28® 10.29 c.
Spot cotton in good demand, but
lower to sell. Buyers demand conces
sions. but most factors tefuse to grant.
Sides, 5,300, including 4,300 to arrive,
quotations, l-16c lower.
Futures opened easier, prices being
5 to 7 points down. Both Liverpool and
New York were easier. The offerings
in the local market exceeded the de
mand and prices gradually declined
until thy were well below yesterday's
closing figures. In spite of the fact
that the weather map has been favor
able for some time past crop reports
continued as alarming its ever. Reports
from Texas and Mississippi were par
ticularly bad and told of great damage
by the boll weevil and lioll worm and
by rust and shedding. In the trading
October opened 5 points lower at 10.17 c
and finally declined to 10,06 c. The mar
ket closed easy with net losses of 14®'
16 points.
LIVERPOOL ( OTTOI MARKET.
Liverpool. Sept. 9.—Cotton, spot. In
fair demand: prices 4 points lower;
American middling fair. 7.04d; good
middling. 6.88d: middling. 6.76d: low
middling. 6.56d: good ordinary. 6.34d;
ordinary. 6.10d. The sales of the day
were 7,000 bales, of which 300 were for
speculation and export, and Included
6.300 American. Receipts 3.000 bal -s.
no American.
Futures opened easier and rlosed
steady. American middling, good ordi
nary clause, September. 6.06d; Septein
ber-Dctober, 5.65d. Oetoher-Novemher,
5.57d. November-December. 5.54d: Dr
oemfcer-January. 5.25d. January-Feb
rtiary, 5.50d. February-March. 5.50d;
March-Aprll, '.Mid; Aprll-May, 55M.
May-June, 5,51 t.
DEMERE L HAMMOND. Brokers,
I’hones iSQy Office No. 24 tfrvu'i street, Hast.
COTTON, STOCKS. BONUS, (.RAIN AND PROVISIONS
DilVOl Pi it ale Hires la l.eiiiliiig I \ -lisitges
UKAL MuCllUril A SPECIALTY.
SAVANNAH MORNING NEWS: SATURDAY. SEPTEMBER 10. 1904.
DEMKRE A HAMMOND
Believe Crop Wilt Be Largest Ever
Grown.
New York, Sept. 9. —Liverpool had
to meet a flood of selling orders this
morning to close out hedges against
spot cotton bought yesterday in the
South. Offerings from the interior are
increasing as the demand for shipment
during the first half of September be
comes exhausted. The tecent hot dry
weather in Texas has caused all mature
bolls to open, and quite a large prop
osition of only partially matured bolls
have done likewise, so that with good
picking weather, the amount of cotton
that will be on the market in the next
few weeks will he great. The only dan
ger to be feared is a heavy rainfall
and of approach of this, there was no
sign this morning. Asa result, prices
gave way and were assisted in their
downward movement by active ham
mering by the bear party. Late this
afternoon, just before the close, a ru
mor was started that the storm had
finally entered the Gulf and that storm
signals had been ordered up along the
Gulf coast. It was too late to verify
such rumors before the closing, arid
the result was a r*lly of 5 to 6 points
from the lowest of the day. There is
no doubt that a wet spell in the pres
ent state of fields, which are said to
be white with open cotton, would have
the effect of making short interest un
comfortable, and possibly cause a con
siderable rally. But wre must first get
the storm and the wet spell before we
can look for the recovery. The move
ment is rapidly assuming a normal,
that is to sav, large volume in pro
portion to the size of this crop, which
even at its worst, promises to be larger
than any yet grown, therefore, the
movement should be in large proportion.
It looks as if farmers are willing to ac
cept present prices, and unless some
thing comes to change their present
disposition, or to retard picking and
ginning, the market will be called upon
to absorb an unusual quantity of cot
ton in the next few weeks.
WARE * LELAND
8y Ytnrket Wn* Steadier Than \Yn*
Anticipated.
New f York, Sept. 9.—ln view of the
exceptionally high figures received
from Washington last Friday, the mar
ket this week has ruled steadier than
many anticipated. Upon the receipt
of the monthly report showung a con
dition of over 84. December went to
the twenties again. During the great
er portion of the week December had
ruled between 10.35 c and 10.35 c, sell
ing at one time as high as 10.63 c, and
as low as 10.25 c during the early trad
ing to-day. There has been a great
deal of short cotton covered this week,
and sentiment has not been sufficient
ly confident on either side of the mar
ket to result in important price
changes. As compared with the situa
tion at 9% cents there are unquestion
ably fewer inducements to play the
long side. At 9% cents, the market
was over short and the trade was fac
ing the normal deterioration during Au
gust as well as the annual 'boll wee
vil scarce. It W'as an open question
whether the short interest could stand
bad crop accounts without getting
frightened and running. There was
every inducement to play the side of
higher prices and those 1 who did made
money. Now the market is nearly a
cent a pound higher, a large short in
terest has covered and more cotton is
moving every day. Until there is an
abundance of cotton from the new’ crop
to give shorts some protection, there is
likely to be frequent and sharp up
turns. due simply to fact that stock
of cotton is still very small. Damage
reports from Texas helped to this end,
and until the movement becomes very
heavy it is not likely that there will be
anything like an open break in prices.
But the condition in other parts of the
cotton belt is regarded as so favorable
that it will be difficult to bring about
any great advance in prices after the
new cron becomes available in large
quantities.
HAYWARD, VICK A CO.'S
Daily Cotton Letter from Sen
York.
New York, Sept. 9.—ltems against
the market to-day were private wires
from various Southern points report
ing increased offerings of spot cotton
and the fact that very few buyers
were in evidence, while the "into sight"
for the week of nearly 180,000 bales,
compared with about 65,000 bales for
the same week last year, also had a
tendency to accentir.ite the fact that
stocks were gradually accumulating.
They are not yet large enough to be
considered an actual pressure against
the market, but as speculation is a
thing devised to discount future condi
tion, it seems quite reasonable to sup
pose that for the immediate future, at
any rate, the increasing movement will
exercise a sentimental effect on prices,
no matter what the crop may eventual
ly prove to he. This, of course, depends
on the attitude of spinners.
At the decline this morning, there
was some pretty good buying, attribut
ed to these interests, and it is possible
that any decline in the Southern spot
markets would stimulate trade de
mand to an extent that would offset the
power of increasing receipts. That is
only one of the uncertainties in the
situation, the crop being the gre&test,
and until these matters can be judged
more confidently, we can see nothing
but a scapllng market.
WEEKLY LOTTO\ MARKETS.
Receipts Ports Past Week—The fol
lowing table shows receipts at all
United States ports for the past week
and the corresponding week last year:
Week Ending Sept. 9 1904. 1903.
Galveston 65,753! 8.902
New Orleans 7.455 2.560
Mobile 2.613 1.350
Savannah 43.081 18.128
Charleston 4.7491 1.108
Wllmlng'.on 1,708 1,819
Norfolk I 2.900 578
Boston I 169 It)
Philadelphia 1 135
Pensacola | 51
Brunswick 3.000
To! il " 131.611
Comparative cotton statement -
New York, Sept. 9. 1904, for the week
ending Friday, Sept. 9. 1904.
Net receipts at all U. S. ports
during week 131,616
Net receipts at all l\ S. ports
same week last year 34.525
Totnl receipts since Sept. 1 .. .154.478
Total receipts same date last
year 38,759
Exports for the week 68.362
Exports for same week last year. 1.1.068
Total ex|Kirt* since Sept. 1 91.717
Total exports Same date last
year 17.463
Slot k at ait United States
ports 145.704
Slot k at ail United States
ports same time last year ... 145,117
Slot k at all Interior towns .... 73,023
Slot k .it all interior town* same
time lasi year 15,118
Slot k at Liverpool same lime fast
year 203,000
Stock of American afloat for
Great Britain same time last
year . 15,000
New York. Sept. 9.—The following
statistics on the movement of cotton
for the week ending Friday, Sept. 9,
were compiled by the New York Cot
ton Exchange:
This Last
Weekly Movement: year. year.
Port receipts 131,644 37,115
Overland to mills and
Canada 4,616 388
Southern mill- takings, (es
timated) 25,000 20,000
Gain of stock at interior
towns 17,153 8,369
Brought into sight for the
week 178,413 65,872
Total Crop Movement —
Port receipts 154,495 41,365
Overland to mills and
Canada 5,501 435
Southern mill takings, (es
timated) 26,000 28,000
Stock at interior towns in
excess of Sept. 1 17,153 9.425
Brought into sight thus
far for season 203,149 79,225
Receipts Ports This Season —The fol
lowing table shows the receipts at all
United States ports since Sept. 1, 1904,
and for the same time last year:
Since Sept. 1. ! 1904. 1903.
Galveston I 77,8#3j 9,577
New Orleans | 7,690 2,798
Mobile | 2,735i 1,579
Savannah j 52,901 20,514
Charleston 5,235 1,240
Wilmington I 1,717 1,900
Noi folk 3,140 612
Baltimore 137; 45
Boston 179 SI
Philadelphia I j 235
Pensacola I 5P
Brunswick | 3,000|
Total .. |154,478i38,769
Stock of cotton at all ports. Sept.
9, 1904, and on the same day of the
week last year:
Ports. ! 1~904rrT903.
New Orleans ] 22,125! 10,724
Mobile | 3,379! 1,665
Galveston | 55,911 7,581
Savannah I 29,969 12,292
Charleston I 1,958 1,137-
Wilmington | 1,743 1,999
Norfolk 3,200 368
New’ York 150107,241
Other ports 27,269 2,170
Total 7, 77777777. 145,704145,177
WORLD’S VISIBLE SUPPLY.
New Orleans, Sept. 9.—Secretary
Hester's statement of the world's
visible supply of cotton issued to
day shows the total visible to be
1,141,240, against 1,103,251 last week,
and 1,004,949 last year. Of this the
total of American cotton is 533,240,
against 461,251 last week, and 401,-
949 last year; and of all other
kinds, including Egypt, Brazil, In
dia, etc., 608,000, against 642,000 last
week, and 603,000 last year.
Of the w’orld's visible supply of
cotton there is now afloat and held
in Great Britain and Continental
Europe 567,000, against 471,000 last
year; in Egypt, 49,000, against 8,000
last year; in India, 315,000, against
354,000 last year, and in the United
States, 224,000, against 172,000 last
year.
HESTER’S WEEKLY
STATEMENT.
New Orleans, Sept. 9.—Secretary
Hester’s weekly cotton statement, is
sued to-day, shows that the amount
brought into sight for the week end
ing this date is 180,281 bales, against
41,937 for the seven days ending Sept.
9 last year, and 198,497 year before
las't; this makes the total amount for
the nine days of the new season 212,-
474, against 46,485 last year, and 265,-
930 vear before last.
The statement shows receipts at all
United States ports since Sept. 1, 154,-
475, against 24,771 last year, and 163,-
685 year before last; overland, across
the Mississippi, Ohio and Potomac riv
ers to Northern mills and Canada,
5,254, against 169, 'bales last year and
3,968 year before last; interior stocks
in excess of Sept. 1, 17,745, against 9,-
405 last year, and 43,666 year before
last; Southern mill takings, 35,000,
against 12,140 last year, and 54,611 year
before last.
Foreign exports for the nine days
have been 92,782, against 12,231. The
total takings of American mills, North
and South and Canada thus far for
the season, have been 164,724, against
38,243 last year. These include 29,624
by Northern spinners, against 26,103.
Since the close of the commercial
year stocks at American pprts and the
twenty-nine leading Southern interior
centers have increased 63.135 bales,
against an increase for the same pe
riod last season of 1.023 and are now
-53,125 more than at this date last year.
Including amounts left over in stocks
at ports and interior towns from the
last crop and t,he number of bales
brought into sight thus far for the
crop the supply to date is 374,441,
against 214,284 for the same period
last year.
Tonra to the “Sapphire Country,"
Southern Railway announces autumn
tours to the beautiful “Sapphire Coun
try.” Tickets to be sold Sept. 10, 17
and 24. with limit nine days from date
of sale, at rate of $34.60 from Savan
nah. including railroad transportation,
seven days' board at one or more of
the modern hotels of the Toxaway
Company and hack ride from Lake
Toxaway to Sapphire Inn or Fairfield
Inn and return. A week's outing at
Franklin Inn, Brevard; Toxaway Inn,
Lake Toxaway; Fairtteld Inn, Lake
Fairfield, or Sapphire Inn, Lake Sap
phire. A region of unsurpassed love
liness. offering good boating, fishing.
1 iding and driving; abounding in pic
turesque lake and mountain scenery;
an altitude of 3,300 feet and climate
most delightful. Excellent train serv
ice and convenient schedules. Com
plete Information gladly funlshed by
E. G. Thomson. C. P. and T. A., 141
Bull street. 'Phones 850.—ad.
IVtvtlee to Veterans Attending Mate
Reunion. Home, Ga., Sept. 14-1.1,
1 no I.
A rate of 1 cent per mile from all
points In Georgia to Rome and return,
lias been authorised, account of above
occasion. Tickets on sale, Sept. 12, 13
and 14. good to return until Sept. 19,
190* .
Call on your nearest ticket agent and
request that he secure you round trip
ticket, routed over the Western and
Atlantic Railroad, the "Old Battlefields
Line,” between Atlanta and Rome.
Double dally trains each way. Write
to the undersigned for beautiful illus
trated battlefield booklet, free. O. K.
Hannan, G. IV A., W. and A. R. R..
Atlanta. Ga. ad.
sin 11.3 llalflmore and Itetarn.
Southern Railway announces this
very low round trip all rail rate, ga
vannah to Baltimore, tl< kets to lie
sold Sep! 9, 10. II nnd 12, with return
Until. Sept. 19, but this can b* ex
tended to Sept. 25 upon payment $i oo
additional. Stop-over* allowed t Wash
ington. Pullman thawing Room
Sleeping Car* and Super ini tuning
Cat Service, Schedules fast and con
venient. Information given ot reser
vations made st City TlikoA otfUs, Hi
Mult ►treat ad.
SPIRITS DROP AGAIN
SOLD IN POST MARKET TRADE AT
GJS 1-4 CENTS.
ROSINS CONTINUE TO RISE.
YET RESI’LT OF SALES EACH DAY
HAS BEEN TOWARD HIGHER
PRICES.
Market Opened Y’ettenlay Firm and
With Advanee. on Several Grade*.
Particularly Pale*—ln the Trade
That Followed the Clone Some of
the Yledium Grade* Sold Off Bat
tiie Common* AA’ent Higher—
Shipment* of Roth Spirit* and
Ro*ln* I nnannll)- Heavy. Those at
Spirit* Being :t.400 Cn*k* and of
HoNiii* 7.500 Barrel*.
Many members of the naval stores
trade thought that spirits of turpen
tine had reached the bottom when
they w’ent to 52% cents, but such was
not the case, for the market went
down % cent lower yesterday after
the close of the market and
practically all of the late re
ceipts were cleaned up at 52%
cents. The market opened firm at 52%
cents, with sales of 601 casks, and
closed steady and unchanged, but with
no further sales. The receipts of the
day w’ere very light, amounting to
but 471 casks, and the shipments, on
the contrary, were unusually heavy,
being 3,400. New York was quoted
dull at 55% cents and London was
reported at 39.6.
The rosin market, in direct contrast
to that of spirits, continues to main
tain its firm tone and to increase in
prices, the advance usually taking the
form of advances on some three or
four grades and a decline on one or
two others, though the net result each
day has been for better prices. Yes
terday the market opened firm and at
a slight advance on the pales and
one or two medium grades. The sales
reported were 2,252. The close was
firm and unchanged, w’ith no additional,
sales. In the post market trade there
was a general advance paid on some
of the commons, a decline on mediums
and the remainder of the list at quo
tations. The receipts W’ere 2,246 bar
rels, and the shipments 7,800. The
New York market was reported quiet
at 2.80.
NAVAL STORES STATEMENT.
The following are the figures and
quotations of the naval stores mar
ket, as posted at the Board of Trade
yesterday;
Spirits. Rosin
Stock April 1 6.495 44,550
Receipts yesterday 471 2,246
Receipts previously 110,520 309,815
Total 117,486 356,611
Exports yesterday 3,400 7,800
Exports previously 90,350 276,668
Total 93,750 284,468
Stock yesterday 23,736 72,143
Stock last year 22,681 69,799
Tester- I Day Be- Last
day. 1 fore. Year. _
Spirits | 52%~~r 52% j 54%
Rosin ,| Steady. | Firm. | Firm. .
Sales, | 601 j ~ 521~| 228~
Rosins | Firm. | Firm, j Firm.
W 7 W. 4.97% “ 4.95 : 3.80
W. G. 4.67% 4.65 3.65
N 4.37% 4.35 3.50
M. .. . 4.12% 4.10 3.45
K. .. . 3.75 3.70 3.40
1 3.25 3.20 3.10
H. .. . 2.77% 2.75 2.50
G. .. . 2.72% 2.72% 2.05
F. .. . 2.65 2.65 1.95
E 2.62% 2.62% 1.90
D. .. . 2.57% 2.57% 1.85
C, B, A 2.50 2.50 1.75
Sales ,| 2.252] 3,252 4,489
WEEKLY NAVAL STORES STATE
MENT.
Spirits.
IQOl_ 1 qp*
Stock April 1 6.495 1,241
Receipts past week 3,291 4,149
Receipts previously ....107,700 117,132
Total 117,486 122,522
Exports—
Foreign 41,324 47,077
New York 25,200 18,343
Coastwise and interior .. 27,226 34,415
Total 93,750 99,841
Stock on hand 23,736 22,681
Rosins.
Stock April 1 44,550 145,882
Receipts past week 11.967 14,038
Receipts previously 300,094 258,768
Total 356,611 418,688
Exports—
Foreign 57,680 119,096
New York 52,323 42,107
Coastwise and interior ..174,365 187,686
Total 254.368 348,889
Stock on hand 72,143 69,799
IN OTHER MARKETS.
New York. Sept. 9.—Rosin, dull;
strained common to good, $2.80.
Turpentine, steady.
Charleston, Sept. 9.—Turpentine,
firm. 52c; sales, none.
Rosin, firm; sales, none. A, B, C,
$2.40: D. *2.4754; E. $2.52*4; F. $2.55,
G. $2.62*4: H, $2.65: I. $3.10; K, $3.60;
M. $4.00: N, $4.25; \V. G.. $4.55: W.
W\. $4.85.
Wilmington, N. C.. Sept. 9.—Spirits
turpentine, nothing doing; receipts
55.
Rosin firm, $2.40 bid: receipts 119.
Tar firm, $1.50; receipts 99.
Crude turpentine firm. $2.25, $3.75
and $3.75: receipts 131.
New Orleans. Sept. 9.—Receipts:
Rosin. 63 barrels; turpentine, 25; ex
ports, Costa Rlcu, rosin. 60.
LUMBER MARKET.
Exports of lumber and cross-ties
from Savannah for the season begin
ning July 1, as posted at Board of
Trade:
Lumber. 9* earn. Sail
Yesterday 83.623 350,145
Week 938.447 2.729.215
Month 1,667,925 3.446.215
Shoe July 1 16,784.635 15.470,518
Where Shipped—
Foreign 2.125,701 797.346
Baltimore 3.588,685 2.738,740
Philadelphia 2.041.198 2,141.457
New York 7,620,252 4.533,796
Boston 155.379 1.167,206
Other port* 253,410 4,091,973
DRV GOODS.
New York. Kept 9—ln dry good*
buying has not shown any material
Im rease and buyers are proceeding
very cautiously Some slight price
changes hs\e oci urred. but the fen
lure of the day has hsen the an
nouncement of price of * cants on
tmesksag staple ginghams
ORDERS, ORDERS!
We have for Wool, Wax, Hides and Furs.
—Ship them in—
ACUDI IPU Q DDH Wholesale Grocers and Liquor Dealers
i LimUUn W DnUif 111-113*115 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 VALY’ES.
GENERAL MARKET.
New Y’ork. Sept. 9. —Flour, quieter
with wheat and rather easier. Min
nesota Patent, $4.80@6.30.
Rye flour, firm.
Cornmeal, quiet.
Rye. nominal.
Barley, steady.
Wheat—Spot, steady: No. 2 red,
$1.13% f. o. b. afloat. Although stead
ier at the opening on small Western
receipts and covering wheat soon
weakened. The afternoon market was
unsettled, and a shade higher on cov
ering, with the close %@% cent net
higher. May, $1,12; September, $1.13%;
December. $1.12.
Corn —-Spot, steady; No. 2,59 c. Op
tion market was more active and
weaker, yielding to warmer weather
news and liquidation. The close show
ed %@%c net decline. September, 59c;
December, 58c.
Oats—Spot, dull; mixed oats, 26 to 32
pounds, 34%@35%c.
Beef, steady.
Cut meats, quiet; pickled hams,
SIO.OO.
Lard, steady. Refined, quiet.
Pork, quiet.
Tallow, steady.
Rice, steady.
Molasses, steady.
Coffee —Spot, Rio, steady. Mild,
steady.
Sugar—Raw, firm. Refined, steady.
The market for coffee futures open
ed steady at a decline of 5 points, and
was finally steady at net unchanged
prices on all positions except, Septem
her. which was 5 points lower. Sales
25,500 bags.
Butter, steady, unchanged.
Cheese, steady; state full cream
large white fancy, B%c.
Eggs, firm; state, Pennsylvania and
nearby fancy selected white, 26@28c,
Southerns, 16@19%c.
Potatoes, steady; Long Island. $1.50
@1.62%: Jersey and Southern, $1.25@
1.40; Jersey sweets, $2.00@2.25.
Peanuts, steady; fancy hand picked,
6@6%c: Other domestic, 3@6%c.
Cabbages, steady; Long Island and
Jersey per 100, $1.50@2.50; per bar
rel. 50@75e.
Cotton by steam to Liverpool, 18
cents.
Cotton seed oil was "barely steady
onJack of support. Prime crude f. o.
b. mills, 23c; prime summer yellow’,
29@29%c; off summer yellow, nomi
nal; prime white, 32%@33c; prime win
ter yellow, 32%@33c.
CHICAGO MARKETS.
Chicago, Sept. 9.—Fearing that the
government crop bulletin to be issued
to-morrow w’ould not confirm in entire
ty the numerous recent damage re
ports, many traders disposed of their
holdings of wheat to-day. Asa re
sult prices had a lower tendency. Fin
al quotations on December wheat,
however, were exactly at yesterday’s
closing figures. Corn was off % cent.
Oats were down, %@%e. Provisions
closed practically unchanged.
The leading futures ranged as fol
lows
Opening. Highest, Lowest Closing.
Wheat No. 2
♦Sept. .1 08% 1 08% 1 08% 1 08%
SAVANNAH'S CURRENT MARKETS
Note—These quotations are revised
daily and are kept as near as possible
in accord with the prevailing wholesale
prices. Official quotations are not used
when they disagree with the ■ prices
wholesalers ask.
POULTRY—Market, good demand;
springers, 25@30c per pair; three-quar
ter grown. 40@55c; hens, 75@85c.
EGGS —Country, 19c; strictly candled,
20c.
BUTTER—The tone of the market is
firm. Quotations; Extra Elgin, 60 tubs,
22*4®>23*4c; choice Elgins, 2014@2114c;
New York state, 20c; renovated butter.
19c.
CHEESE—Market, firm; fancy full
cream cheese, 22@25-pound, U%@l2c;
30 to 35-pound. 11%@11%c.
WHITE PEA BEANS—S2.4O bushel.
POTATOES—S2.2S.
ONlONS—Egyptian, In sacks, $3.00.
CABBAGES—SI.SO ernte.
Breadstnfln. Hay and Grain.
FLOUR—Patent, $6.15; straight $5.85:
fancy, $5.25@5.50; family, $5.10; spring
wheat, best patent. $7.00.
MEAL —Pearl per barrel, $3.65; per
sack, $1.50; water ground, $1.45; Pearl
grits, per sack. $1.55; Tearl grits, per
barrel. $3.75; citv meal. $1.45.
Grain Markets.
QUANTITIES— Jobs. Cars.
No. 2 white corn 76 74
Mixed corn 75 73
OATS—
No. 2 mixed 49 47
No. 2 white clipped 53 51
BRAN—
Pure wheat bran $1.40 $1.35
Mixed bran 1.30 1.20
Cracked corn 1.55 1.50
Sugar.
Cut loaf
Cub6S 5.92
XXXX powdered 5.82
Powdered °.82
Fine granulated 5.66
Confectioners A 5.52
White Extra C 5.32
HAY—
No. 1 timothy 9o B<l*
No. 2 timothy 85 80
RlCE—Market dull, fancy head, 4H;
prime, 4@414c.
Good 314@36i
®
Common *
Emits and Nats.
APPLES—Summer pippins, $3.50 bar
rel.
BANANAS—(I.76O2. 00.
WATERMELONS—3@6c.
CANTALOUPES—*I.OO@I.2S a crate.
PEACHES —75c@$l.00 a carrier.
PLUMS—*I.OO a carrier.
PRUNES—2Os to 30s. 13c; 30s to 40s,
10c 40s to 50*. 80, 50s to 60s. 714 c; 60s
to 70s. 6%c; 70s to 80s, 6c; 80s to 90s,
5Ur; 90s to 1008. 41jC.
PEANUTS- Ample stock, fair de
man- market firm; fancy hand-picked
Virginias. 7tic; N. C. peanuts 814 c; ex.
Virginias, 6*4c.
NUTS—Almonds. Terragona. lltjc;
Ivies*. 12V4<; walnuts, French, 1214 c;
Naples. 14'4c; pecans. 10c; Brazils,
9*4c; filberts, 11c; assorted nuts,
50-pound and 25-pound boxes. 12c.
Dried nnd Krsporntnl Fruits.
API’LES —Evaporated, 7*4c; sundried,
564 c.
APRICOTS— Evaporated, fancy. 13c;
choice, 1014 c.
RAISINS V. L.. 2-Crown, $1.85; 3-
Crown, *2.00; 4-Crown dusters. *2.75;
loose inuseatells. B<\ 1-pound seeded,
1084 c, Imperial cabinets. $3 per box.
PEACHES- Evaporated, peeled, l*c;
Unpealed, 86*c.
PEARS Evaporated, WB4'
CITRON A 9. drum, 1414 c; fancy
Corsldsn, In 10 pound boxes. 1414 c,
CURRANTS—BarreIs, 7c.
< ogee.
Jva $4 0
Mocha ,
o g
•♦Sept. 1 06 1 06 1 05 1 05%
Dec. ..1 08% 1 0874 1 07% 1 07%
May ..110% 111% 109% 1 10%
‘Old. ••New.
Corn No. 2.
Sept 54 54% 53 53
Dec 52% 52% 51% 51%
May ....51% 61% 49% 50
Oats No. 2.
Sept 31% 31% 31% 31%
Dec 33 33 32% 32%
May ....35% 35% 35 35
Mess Pork, per barrel —
Oct. ..11 00 11 00 10 90 10 92%
Jan. T 2 60 12 62% 12 52% 12 52%
Lard, per 100 pounds—
Oct. ..7 15 7 17% 710 7 12%
Jan. ..7 20 7 22% 7 17% 7 17%
Short Ribs, per 100 pounds—
Oct. ...7 42% 745 7 42% 7 42%
Jan. ..6 62% 6 65 6 60 6 60
Cash quotations were as follows:
Flour, steady; No. 2 spring wheat.
$1.12@1.14; No. 3. $1.06@1.14; No. 2 red
$1.08%@1.09%; No. 2 corn, 53%c; No. 2
yellow’, 54%c; No. 2 oats, 31%@31%c;
No 2 white, 33%c: No. 3 white, 31%’.i)
32%e; No. 2 rye. 71%@72%c; good feed
ing barley, 37@>38%c; fair to choice
malting, 44@51c; No. 1 flax seed, $1.19%;
No. 1 Northwestern, $1.27%; mess
pork, per barrel, $19.95@11.00; lard, per
100 pounds, $7.05@7.07%; short ribs
sides, (loose), $7.37%@7.50: short clear
sides, (boxed), $8.25@8.50; whiskey,
basis of high wines, $1.28; clover, con
tract grade, $11.75@11.90.
Receipts—YVhdat, 103,000 bushels;
corn, 603,600 bushels; oats, 223,000
bushels.
CARRADINEVamp MEETING
BEGINS SEPT. 22.
Hazlehurst, Ga., Sept. 9.—The Carra
dine campmeeting will begin at Hazle
hurst, Sept. 22, closing the night of
Oct. 2. All railroads have granted a
rate of one and one-third fare on
the certificate plan. Hotels, boarding
houses, etc., will furnish entertainment
at reasonable rates. Those wishing to
camp may obtain rooms and houses.
Dr. Beverly Carradine of St. Louis,
one of America's greatest preachers
’and exponent of scriptual holiness, will
conduct the meeting. One of the best
musicians in the state will lead the
music. Messrs. H. G. Moore and L.
C. Pennington of Hazlehurst are chair
man and secretary of the Committee
of Arrangements.
INSPECTED BERRIEN’S
CONVICT CAMPS.
Tifton, Ga., Sept. 9. —The state in
spector of convict camps dropped in
on Berrien county's camp about 12
o’clock Wednesday night, without an
nouncement. He was pleased with the
condition in which he found things,
and said Berrien had one of the clean
est and best managed camps in the
state. Its record of two deaths in sev
en years, with an average of thirty;
men, was unequalled.
Fancy No. 1 12 e
Fancy No. 1 12*40
Choice No. 2 12 c
Prime No. 2 ....11 c
Fair No. 5 10*4e.
Ordinary No. 6 9*40
Common No. 7 9 ‘c
SALT—Car lots, 100 pounds burlap
sacks, 36c; 100-pound cotton sacks, 38c;
125-pound burlap sacks. 45c; 125-pound
cotton sacks, 47c; 150-pound burlap
sacks. 54c.
HlDES—Market, firm; dry flint,
1414 c; dry salted, 1214 c; green salted,
714 c.
WOOL —Firm; prime Georgia, free
of sand burrs and black tvooi. at 25c;
black, 23c; burry, 12@16c; wax, 26c; tal
low. 314 c; deer skin. 22c.
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, $1.50®
1-60 per barrel; hair, 4@sc; Rosedale
cement, $1.1501.2*; carload lots, spe
cial. Portland cement, retail, $2.00®
$2.25; carload lots, special.
LUMBER Railroad ties, 27@29c;
hewn ties (7x9x814), ?B@4oc; hewn ties
(6xß), 26@2Sc; switch ties, $10.50®
11.00; easy yard stock, *11.00@12.00: car
sills, $13.00@15.00; ship stock. SIB.OO.
Oils.
Perfection Signal Oil 42 c
Pratt's Astral xg c
Aladdin Security ’ 15 c
Water White 15 c
Standard White !!’. 1414 c
D. S. Gasoline 16 c
D. S. Gasoline in drums 1414 c
86 degree gasoline in drums 1914 c
Linseed oil raw, 1 bbl lots 46 c
Boiled linseed, 1 bbl. lots 48 c
Five barrel lots special.
SHOT-Drop, *1.65; B. B. and large,
$1.90; chilled, $1.90.
IRON—Market firm; refined, *1.90;
Swere, 4c.
NAILS—Cut, $2.20 base; wire, *2.30
base.
BARBED WIRE— $3.00 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, 75c; less 20
per cent, on smokeless.
Cotton Rnawing and Ties.
BAGGING—Market firm; 184 pound.
71i@7%c; sea island bagging, 9*4®9Br.
TlES—Standard 45-inch arrow, 94c
@*l.oo.
COTTON PICKING SHEETS—22®
25c each.
TWINE—Per pound, or hank, 14®
15c.
HAMS—Sugar cured, 13® 14c; picnics.
10® 1014 c.
D. S. butts 6*4
D. 8. plates 7
Western heavy bellies 9
Eastern light bellies 984
Eastern medium bellies 9*4
Eastern heavy bellies 9V
D. S. C. R. sides 9
Smoked C. R. sides 98*
LARD Pure, In tierces, 814 c: 50-
pound tins and 80-pound tubs, 814 c.
compound, in tlerrea 614 c; 50-pound
tin* and 80-pound tuba. 6*4c.
Miscellaneous.
FlSH—Mackerel, half-barrels. No.
1. *10; No 2. *6 50; No. 3, *8: kits. No
1. *1.40. No 2. $1 30. No 3. *1 10; cod
fish, 1-pound brick*. *,■; 2-pntind brick*.
6*4c; smoked herrings, per box, 19®20c
Hutch herrings, in kegs. *l.lO, •*
mullets, half barrel*. *4
SYRUP Market qutol; Goorgls and
Florida syrup, buying at *22*e. soil
ing at 26*f27tyr, augar house, at
lie
HIGH WlNES—Basis. Il l*
MONET—DuII, strains*, s* ban*'*
*S gallon.