Newspaper Page Text
18
COTTONWENTLOWER
PRICES AFFECTED BY IN< RE YSIMs
RECEIPTS AT ALL PORTS.
DAY’S NEWS ALL BEARISH
TRADE IX A 1.1. DEPARTMENTS
MEXT TO I.GAYER PRICE LEVEL.
Spot Market Here Cloned nt Decline
of 1 -Sr.—l'. O. R. Bnninenn Also
Done on Loner Bonin—Reeeiptn
Contlnne Vert Heavy, Yesterday'*
Amounting to 0.002 Bolen—Coaat
vvine Shipment* IVere 7.751 Bolen—
Knluren Ainrketn Cloned nt Decline
nt Liverpool, Yew York and New
Orlefl nn.
AT THE ( LOSE.
FETCHES.
Liverpool, 2 np to 7 down.
New York, X if* 12 pointn down.
Yew Orleann, 12 to 15 pointn down.
SPOTS.
Liverpool. nneliniißed.
New York. nnchnnßed.
New Orleann, :t-10. down.
Savnnnali, 1 -Sc. down.
The cotton trade had another off
day yesterday, that is in comparison
with the rush for supplies and the
prices paid a little earlier In the season.
The market opened slightly lower than
the close the day before and at the 1
o'clock call, the last for the day had
pone a little lower but even tlie decline
failed to stimulate buying: to any
great extent, in fact the increasing re
ceipts from day to day and the con
tinued good weather over the greater
part of the belt which promises even
greater receipts for the coming week
has proved a. bearish influence on
prices in all departments and prices
have declined accordingly. The prices
and sales in the spots market yester
day follow;
I Opening jl O’clock.
| Easy. | Dull
| land easy
Good middling 10 9-1 •> lft%
Middling 10 5-16] 10*4
Low middling 9 13-16 9%
__Pales | 7101 137
Total for day, 817.
Time 1 p. m. day before, 927.
The f. o. b. business also showed a
falling off in the volume of trade. The
official quotations gave 109* cents,
basis good middling, as the basis of
trade but though interior holders were
willing to sell at this figure in the
maorijty of cases exporters were
not inclined to bid more than 5-16.
Some idea of the Immense business
that has been done in this department
since the opening of the season may ha
gathered from the statements or
several of the brokers that It has ex
ceeded, to date, that of any other year
In their experience at this port.
In the futures markets on both sides
' of the water there was a general de
cline throughout the day. brought
about by bearish news of all kinds,
but particularly because of the in
creasing receipts the large volume of
the Into sight and the continued good
weather that promises increased ship
ments to ports.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday
I 4:00 Year
Grades. JP. m. Ago.
Good middling !10% io%
Middling lot* 10%
Low middling j 9%
Tone i |*e
•Dull and easy. “Firm.
Pales. 927.
Exports—
Continent
Coastwise 7,781
Receipts yesterday 9,902
Last year 5,562
Year before last 7,080
Receipts since Sept. 1 62,853
Receipts same time last year. 26,219
Stock yesterday 32,090
Stock last year 14,757
Receipts and Stocks at all Ports;
Receipts yesterday 21,559
Same day last year 11,798
Same day year before last .... 29,225
So far this week 21,559
Last year
Year before last
Receipts since Sept. 1, 1904 .... 176,037
Last year 50,557
Stock at all ports yesterday .. 141,394
Stock same day last year .... 152,482
DAILY COTTON MARKET.
Daily Cotton Market—
Galveston —Quiet: middling. 10%c: net
< receipts, 6,210; gross, 6,210; sales. 1,300;
stock. 41,140. Exports.—Great Rritaln,
19.386; coastwise, 1,595.
Norfolk—Net receipts, 460; gross, 460;
stock. 3.660.
Baltimore—Nominal; middling, 11.25 c;
stock. 887.
Boston—Quiet: middling. 10.90 c; gross
receipts, 455. Exports.—Great Britain,
' LOOO.
Wilmington—Nominal; net receipts,
319: gross, 319; stock. 2,062.
Philadelphia—Quiet; middling, 11.15 c;
gross receipts, 1.246; stock. 147. Ex
ports.—Great Britain. 1,164.
Savannah—Dull and easier: middling.
1014 c; net receipts, 9.902; gross. 9,902;
sales, 927; stock. 32.090. Exports.—
Coastwise, 7,781.
New and steady: mid
dling. 10 5-16 c; net receipts, 1.296; gross,
1.296; sales, 4.025; stock. 22,868. Ex
ports.—Coastwise, 553.
Mobile -Quiet: middling. 10c; net re
ceipts. 967; gross. 967; sales, 75; stock,
4,246. Exports.—Continent, 100.
•Memphis—Quiet; middling, 10 9-16 e;
net receipts, 32; gross. 32; stock. 8,122.
•Augusta-Quiet: middling. 10 6-16 c;
net receipts. 2.708; gross. 2,764; sales.
1.096; stork. 7.575.
Charleston- Easy; middling, 10c: net
receipts, 1.305; gross, 1.305: stock. 3.263.
•Cincinnati—Net receipts. 51. gross, 51;
sales, 250. stock. 3.321.
•Louisville —Firm: middling, 10%e.
•Kt. Louis—Quiet; middling, 10%e;
gross. 493; stock. 3.543.
•Houston—Quiet; middling. 10 5-16 c;
net receipts. 7.512; gross. 7.512; sales,
4.177. slock. 20,030.
New York—Dull; middling. 10.90 c;
gross receipts. 6,258; stock. 35,881.
Port Townsend—Net receipts. 1,100;
gross. 1.100, Exports.—Japan. 1.100.
Total to-day. at all seaports—Net re
ceipts. 21.559; Great Britain, 21,550; Ja
pan. 1.100, stock. 141,394.
Consolidated, at all seaports—Net re
ceipts. 21.559; Great Britain. 21,550; Ja
pan. 1,100.
Total since Sept. 1. st all seaports -
Net receipts. 176.037; Great Britain. 75,-
816; France. R. 966. continent, 28.4*5. Ja
pan. l.ioo.
•Not Included In totals.
SEA ISLAND COTTON.
In the sea Island cotton market busl
r.eaa la limited, but the tone la eaeier
and at thla date It la Impossible to
make a variation In price of less than
1 cant Business In the new crop has
baen dona on the basis of 20 to 20%e
for fancy Qeorgtaa,
Price* follows.
Fancy Flortdaa
UaargiM oa t# . XjfVf 4J
111 1 1 Cl
Cotton, Stocks,
I
Bonds, Grain,
Provisions and Coffee.
| Direct Private Wires to All Markets
MEMBERS
New Orleans Cotton Exchange.
New Orleans Future Brokers Ass o.
New York Cotton Exchange.
New York toffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD, Manager,
104 Bay, East. Savannah, Ga.
Extra choice Georgias 19 <519%
Choice Georgias 18 (5)
Extra fine Ga.’s and Fla.’s Nom.
Common Ga.’s and Fla.’s Nom.
Receipts, net 203> 76
Receipts, gross 203 j 76
Sales 278] ...
Exports 1.227; 233
Stock 2,571 1,272
Receipts, season 223 105
Receipts, season, net 223; 105
Shipments—
Domestic, via New York 1,2121 233
Havre, via New York 15; ...
Total" |1.2271 233
Charleston, S. C., Sept. 9.—Sea is
land cotton: Receipts, none; exports,
none; sales, none; stock, 94 bags.
WEATHER A FEATURE
IN NEW YORK'S DECLINE
New York, Sept. 10.—The cotton mar
ket opened easy at a decline of 3@7
points in response to disappointing ca
bles and better weather than looked
for in view of yesterday’s prediction
for rain in the Eastern belt; the early
n.ap showing generally clear condi
tions with the forecast favorable. At
the decline there was considerable cov
ering for over Sunday, but the New
Orleans crowd were liberal sellers, and
while fluctuations were more or less
irregular they showed rather a declin
ing tendency, carrying prices to a net
loss of about 8 to 12 points, represent
ing a decline from the high level just
before the government report, of about
a cent a pound. Lower Wall street
brokers bought moderately on the
break. Receipts for the day were
full and the large estimate for Mon
day's movement at Houston aided the
downward movement.
SPOT COTTON AT A'EW YORK.
New York, Sept. 10.—Spot cotton,
closed dull; middling uplands, 10.90 c;
middling gulf, 11.50 c; sales, none.
Cotton futures at New York Sept. 10:
Options. |Open.| High.[ LowV] Close.
September 10.41 10.42 10.37 10738
October ... 10.14 10.15 10.07 10.07
November 10.20 10.07 10.08
December . 10.22 10.24 10.09 10.11
January ... 10.25 10.25 10.13 10.14
February .. 10.25 10.25 10.25 10.16
March 10.2S 10.28 10.20 10.19
April 10.30 b 10 21
May | 10.35 10.36 10.25 '10.26
Futures opened easy; futures closed
steady.
INCREASING SUPPLY
FORCED PRICES DOWN
New Orleans, Sept. 10.—Cotton fu
tures steady; September, 10.05@10.07c;
October. 9.91@9.92c; November, 9.94@
9.96 c; December, 9.97@9.98c; January,
10.03@10.04c; February, 10.09@10.llc;
March. 10.14@10.16c. Spot cotton quiet,
sales 4.025 bales, Including 3,800 to ar
rive. Quotations 3-16-cent lower.
Futures opened quiet at a decline of
6fb 12 points. The disappointing at
titude of the Liverpool market, a de
cidedly bearish visible supply state
ment and a favorable weather map
which followed many days of good
weather, did not bear out the reports
of continual deterioration that were
still received from the fields. These
were among the bearish features, but
the most potent was the fact that the
supplies of (cotton are slowly but
steadily accumulating and the spot de
mand is not at all strong. As it was.
the end of the week, fresh trading
was naturally restricted, but the bears
received more encouragement than
they have had for u long time and pre
dictions were freely made that a lower
market would be seen next week. In
the trading October opened 6 points
lower at 10 cents and finally sold
down to 9.91 c, December opened 10
points lower at 10.01 c, and finally de
clined to 9.97 c. The market closed
quiet, showing net losses of 12 to 15
points.
MVI'.HPOOL COTTON MARKET.
Liverpool, Sept. 10.—Cotton—Spot in
fair demand; prices unchanged; Amer
ican middling. 6.76d. The sales of the
day were 4,000 bales, of which 200 were
for speculation and export and in
cluded 3.400 American. Receipts, 100
bales, all American.
Futures opened easier and closed
quiet; American middling, good ordi
nary clause, September. 6.08d: Septem
her-Octnber, 6.f>9d: October-November.
S.BOd; November-December. 5.47d; De
ri mber-Jannary. 5.45d; January-Feh
ruary, 5.43d; February-March, 5.43d;
j March-April. 5.44d; April-May. 6.44d;
| May-June, 5.44d.
HAYWARD, VICK A CO.'S
Dally Cotton letter From New
York.
New York. Sept. 10.—The news to
day was all against prices. In the
first place Liverpool was considerably
lower than looked for. Then the
weather was better than expected,
showing no trace whatever of the pre
dicted storm in the eastern beit, save
for an inch of rain tn the extreme
southern part of Florida, and recelp.s
were seen to be rapidly increasing.
The market subsequently steadied
slightly, but sentiment In the main
seemed to be taking nn a bearish av
erage on the ground that the weather
was good, that receipts were large,
! and that mills were hardly likely to
| buy freely at present prices in view
of present trade conditions, which nr*
I Improving, so far a* this country Is
concerned, only slowly. At the pres- |
I silt time the situation looks to us
DEMERE L HAMMOND, Brohers,
Phones 1505. Office No, 24 Bryan street, East.
COTTON. STOCKS, BONDS, GRAIN AND PROVISIONS
VIJ-M* I'll tale Wlrm Is trading Ksehange*.
LOCAL UuCkHITUJt A *l'UUiT|
SAVANNAH MORNING NEWS: SUNDAY. SEPTEMDFR 11. 1904.
.mottling like this: If the weather
jntlnues good receipts are likely to
ause u break, notwithstanding the
eeent decline. On tha other hand,
hould we run Into a streak of wet
reather to menace the crop and de
ay the movement, the small supplies
tow on hand, and the certainty that
i big crop is needed, would give us
mother sharp advance. While the
situation in both these respects is so
uncertain we believe in attempting
nothing more than scalping trades.
The normal course of the market at
this season is downward.
WARE A LELV.XD.
say Export Demand Heavy and Crop
Account* Not Brilliant.
New York, Sept. 10. —Outside of the
short covering this morning there was
10 speculative demand for cotton an]
he market proved disappointingly
weak. That is. the market did not
break badly, but then, failed to show
much of a reaction and In view of
the heavy short covering this was
ot satisfactory on the other hand.
The export demand was said to be
very heavy, and cron accounts are
not brilliant. The Chronicle shows
lather ixior returns from some of the
best producing sections of the cot
ton belt. This is likely to keep the
market from breaking extensively, and
may result in a steadier tone later
on. As there Is a big export demand
and cotton will go out rapidly, the
danger will be that people will over
sell October and we may have man
ipulation when least expected. It will
be some time before the stocks here
can increase much unless prices for
October run above spdt cotton in the
South. No cotton 'is coming this way
now, and we are not inclined to take
the short side on this break.
DEMERF. A HAMMOND
Say Market Gave YVuy ruder Sell
ing Order*.
New York, Sept. 10.—Our opening
was considerably better than looked
for Liverpool, and the general Im
pression was that the leading bear was
quietly covering his contracts, not
withstanding, the very pessimistic
views expressed by him In his public
announcements. The market, how
ever, was so well supplied with sell
ing orders that it gave way steadily
until a decline of 14 to 15 points had
been established on the far months.
October was relatively steadier, as
buying for bear interests was large
ly confined to that month, 'and was
continued on a scale down, for the
purpose of covering as cheaply as pos
sible. The West Indian storm has
disappeared and fine weather con
tinues all over the belt. Picking is
going on at a high rate end receipts
and offerings promise to continue
heavy.
GENERAL MARKET.
New York, Sept. 10.—Flour, firm
with better demand. Winter patents
$5.20@5.50; Minnesota patents. $5.85®
6.30.
Rye, flour, firm; fair to good, $4.25
@4.50.
Cornmeal, steady; yellow Western,
$1.U@1.13.
Rye. nominal.
Barley, quiet; feeding, 46c.
Wheat—Spot, market firm; No. 2
red $1.13%, f. o. 'b. afloat. Options
were generally firm and higher to-day
on covering impelled by a forecast
of frost in spring wheat states. Near
the close a partial reaction occurred,
following a break in corn, and last
prices were only %@% cent net high
er. May, $1.11%; September, $1.13%:
December, $1.12%.
Corn—Spot, barely steady; No. 2,
59c. Option market was dull and
easier. September, 58%c; December,
57 Vic.
Oats—Spot, easy; mixed oats, 26 to
32 pounds, 34@35%e.
Beef, steady; family, $10.50@11.50.
Beef hams, $24.00@25.60.
Cut meats, quiet; pickled bellies, 9®
11; pickled shoulders, 7@7%c; pickled
hams, 10c.
Lard, steady; Western steamed,
$7.60. Refined, quiet; continent, $7.75;
compound. 5%@6c.
Pork, quiet; family, $15.50; short
clear, $13.50@15.50; mess. $12.50@13.00.
Tallow, steady; city, ($2.00 per pack
age), 4%c;. country, (packages free),
4%@4%c.
Rice, steady; domestic fair to ex
tra, 2%@5%ic; Japan, nominal.
Molasses, steady; New Orleans open
kettle, good to choice, 31@37c.
Coffee—Spot, Rio, steady; No. 7 In
voice, B%c; mild, steady; Cordova, 10
<ol3e.
Sugar—Raw, firm; fair refining, 3%e;
centrifugal 96 test, 4 5-lSe; molasses
sugar, 3%e. Refined, steady. Con
fectioners “A,” $5.10; mould “A,” $5.60:
cut loaf, $5.95; crushed, $5.95; powder
ed. $5.35; granulated, $5.25; cubes,
$5.50.
Potatoes—Steady; Long Island, $1.50@
1.62%; Jersey and Southern, $1.20@
1.40; Jersey sweets, $2.00@2.25.
Peanuts—Steady; fancy handpicked,
6@6%e; other domestic, 3@6%c.
Cabbages—Steady; Long island and
Jersey, per 100, $1.50@2.50; per barrel,
50@75c.
Cotton by steam to Liverpool,
180.
The market for coffee futures open
ed steady, at an advance of s@lo points,
closing net 5 points higher on Septem
ber and unchanged on all other posi
tions. Sales. 6,000 bags.
Butter, steady, unchanged. ,
Cheese, quiet; unchanged.
Eggs, firm, unchanged. ' |
CHICAGO MARKETS.
Chicago, Sept. 10.—Uncertainty as to
the showing of a forthcoming govern
ment report restricted trading In the
grain pits to-day, resulting in a fea-
I tureless market. At the close Decem
ber wheat was up I@l% cents. Corn
was down %@%c. Oats were off %@%c.
Provisions closed with a loss of 5 cents.
The loading futures ranged as fol
lows
Opening. Highest, Lowest Closing.
Wheat No. 2
! Sept (o) $1 08% $1 OS% $1 08% $1 08%
j Sept (n) 1 05% 106 1 05% 1 05%
| Dec. .... 1 08% 107 1 08% 1 08%
] May 110 1 10% 1 09% 1 10%
Cos j No. 2.
Sept ..... 53 63% 52% 52%
Dec. 31% 51% 50% 51
May 50% 60% 49% 49%
Oats No. 2.
Sept 31% 31% 31% 81%
Dec 32% 32% 31% 32%
May 35% 35% 34% 34%
Mess Pork, per barrel—
Oct 10 90 10 95 10 77% 10 82%
j Jan .... 12 65 12 55 12 47% 12 47%
Lard, per 100 pounds—
Oct .... 7 12% 7 12% 705 705
Jan .... 720 720 7 12% 7 12%
Short Ribs, per 100 pounds—
Oct 7 42% 7 42% 730 7 37%
Jail 6 60 6 60 6 55 6 55
Cash quotations were as follows;
Flour steady; winter patents. $5.10@
5.20; straights. $4.604i5.00; spring pat
ents, $5.204i 5.90; straights. J1.504r5.1i);
bakers'. $3,409)3.80; No. 2 spring $1.11%;
No, 3. $1.02(u 1.12; No. 2 red, sl.o*%@
1.09%. No. 2 corn, 63%c; No. 2 yellow.
1 64c; No, 2 oats, 31%c; No. 2 white,
32%4i.’t3%c; No. 3 while, 314i32%c; No.
SPIRITS’ NEW LEVEL
i
LOWEST THAT IT HAS REACHED IS
MORE THAN A YEAR.
ROSINS STILL BOOMING
OPENED AT ADVANCE AND SOYIE
HIGHER PRICE* PAID AFTER
CLOSE.
Demand Continue* Strong and Alt
Offering* Have Been Absorbed—
Sale* at Opening :t.ar>7 Barrel*,
Receipt* g.oot; and Shipment* SfiO
Barrel*—Spirit* Sold Off After
Clone—Price 52 Cent*, Which i* 1-2
t ent Loner Than tin* Reen Paid
for More Than a Year—Receipt*
55# Ink* and Shipments 003
Cankn.
Spirits of turpentine yesterday went
to 52%c, the lowest level that has been
reached in more than a year. The
outlook is not very promising either
for a better price, for the market closed
only steady, at this figure, and in the
post market trading practically all
the receipts were sold at 52e, %o low
er than has ever been paid at any time
for a little more than a year. The
market opened firm, at 52%c, with
sales of 396 casks, and closed steady
and unchanged without further sales.
The receipts were 559 casks, and the
shipments, 693. The London market
was quoted at 39 4%.
YVhat the spirits market lacks in
firmness is made up, however, by the
strength of the rosin market, and the
exceptionally high prices that are be
ing paid for ail grades. The market
opened yesterday firm, with a few
changes, a decline on two of the mid
dle grades and an advance on four of
the commons. The close was firm and
unchanged and without sales, though
at the opening the sales were 3,257 bar
rels. In the late trading, offerings
generally were taken at quotations or
better, the advance, when made, be
ing on pales from M and above, though
the number of the higher grades were
very small in comparison with the re
mainder of the list; and in one case
a small advance was paid on the three
bottom grades. The receipts were 2,-
006, and the shipments 830.
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 44,350
Receipts yesterday 559 2,006
Receipts previously 110,991 312,061
Total 118,045 358,617
Exports yesterday 693 830
Exports previously 93,750 284,468
Total 94,443 285,298
Stock yesterday 23,602 73,319
Stock last year 23,091 70,312
I Yes ter- ! Day Be- Last
1 day, I fore. Year.
Spirits | 52% | 52% 65~
Rosin .| Steady. | Steady. Firm.
Sales 396~| ' 601~ 185~
Rosins | Firm. ' Firm. Firm.
W. W. 4.97%1 4.97% 3790
W. G. 4.67% 4.67% 3.75
N. .. , 4.37% 4.37 Vi 3.60
M. .. . 4.12% 4.12% 3.55
K. .. . 3.75 3.75 3.50
I. .. . 3.15 3.25 3.20
H. . 2.75 2.77% 2.60
G. .. . 2.75 2172% 2.15
F. .. . 2.70 2.65 2.05
E. .. . 2.65 2.62% 2.00
D. .. . 2.60 2.57% 1.95
C, B. A 2.50 2.50 1.85
Sales ~ 3,257 ~2,252| 851
IN OTHER MARKETS.
New York. Sept. 10.—Rosin, dull;
strained common to good, $2.80.
Turpentine, easy, 55%@55%c.
Charleston, S. C„ Sept. 10.—Turpen
tine firm at 52c; sales, none.
Rosin firm; sales, none; A, B. C,
$2.40; D, $2.47%: E..52.42@2.52%; F.52.55;
G, $2.62%; H. $2.67%; I, $3.15; K, $3.65;
M, $4.02%; N. $4.27%; W. G., $4.57%;
W. W„ $4.87%.
Wilmington, N. C., Sept. 10.—Spirits
turpentine, nothing doing; receipts, 114.
Rosin nothing doing: receipts. 394.
Tar firm at $1.50; receipts. 111.
Crude turpentine firm at $2.25, $3.75,
$3.75; receipts, 153.
LUMBER MARKET.
Exports of lumber and cross-ties
from Savannah tor the season begin
ning July 1. as posted at Board of
Trade:
Lumber. Steam. Sail
Yesterday 111,061 350,145
Week 1,049,508 2,729.215
Month 1,778,986 3,446,215
Since July 1 15,895,696 15,470,518
Where Shipped—
Foreign 2,125,701 797,346
Baltimore 3,699,756 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 ports 253.410 4,091,973
2 rye, 71*4@72c; Rood feeding barley,
37<fr38<4e; fair to choice malting, ,44@)
Stc; No. 1 flax seed, $1.19*4: No. 1
Northwestern, $1.27*4; mess pork, per
barrel, $ lO.S'tj'Bll-OO; lard, per 100
pounds, short ribs sides
(loose), $7.56(tj7.45; short clear side*
(boxed), SR.2Si?SR.SO: whisky, basis of
high wines, $1.28; clover, contract
grade, $U.75@11.90.
Receipts Wheat, 173,000 bushels;
corn, 787,600 bushels; oats, 284,700 bush
els.
DRY GOODS.
New York, Sept. 10.—In the dry
goods market the reduction of a cent
In certain prominent lines of tickings
has had more or less of an unsettling
effect in this particular division of the
market, but general conditions remain
Arm and unchanged.
COTTON SloFill Oil..
New York, Sept. 10.—Cotton seed oil,
quiet, but sttAtdy. Prime crude f. o. b.
mills. 23c; prime summer yellow, 29®
29*40; off summer yellow, nominal;
prime white, 32*ji33c; prime winter jrel
prime white, 32V4@33r; prime winter
yellow, 32 l a dj33c.
Wants a Medical College.
Kdltor Morning News: Why Is It
that Savannah with a population of
some 70,000 does not boast of a sin
gle school of medicine, deutlsly, or
law, while neighboring cities, smaller
than Savannah are able to support
such schools. I ant satisfied that a
good medical college, with possibly a
department of dentistry, would have
equally a* good, If not better chances
of success here, than In any place in
the Smith, and I cannot nee why many
of our young men are forced o go
sway for these advantages j believe
If outelde attention wers called to ths
unusually good opening, there would
be a proepe. t of our having an Insti
tute In th near future.
Illtlnt.
JUDGE REYNOLDS WAS
PROBABLY RE-ELECTED
Ontrorae of the Ware Election Not
Positively Known.
Waycross, Ga., Sept. 10.—The Dem
ocratic primary for the selection of
a judge and solicitor of the City
Court of Waycross was held here to
day. Not all the precincts have been
heard from to-night, but indications
are that J. C. Reynolds has been re
elected judge by 10 to 25 plurality
over John T. Mycre and A. E. Coch
ran.
J. Walter Bennett had no opposition
for solicitor.
Dl FONT'S VETERANS.
Gnv. Terrell Elected n Member ot
Dupont Camp.
DuPont, Ga., Sept. 10.—At a meeting
of Augustus DuPont Camp, U. C. V.,
this week, Maj. Gen. P. A. S. Mc-
Glashan and Brig. Gen. J. S, ''Sweat
were strongly indorsed to succeed
themselves.
Mrs. J. Lindsey Johnson, of Rome,
was appointed sponsor, with authority
to select her maids. A vote of thanks
was extended Commander August Du-
Pont for his thoughtfulness of the
veterans, having introduced a bill in
the Legislature to create an age honor
roll of Confederate veterans.
In accordance with the suggestion of
the late Gen. J. B. Gordan, carried out
by the camp and indorsed by the then
general commanding in the case of
Capt. Augustus DuPont, Gov. Terrell
was elected a member of the camp.
H- was also elected to represent the
camp at the Rome union.
COTTON IS RUSHING^
TO AMERICUS MARKETS
Americus, Ga., Sept. 10.—Cotton
warehouse receipts exceeded 1,000 bales
to-day alone, cotton wagons pouring
in from a dozen counties and present
ing scenes of greatest activity. Re
ceipts in Americus to this date al
ready exceed 9,000 bales, the heaviest
ever known thus early in September.
The entire crop has opened at once,
and fully a third of it has been mar
keted already.
BARNESVILLE’S WATER AND
ELECTRIC PLANTS.
Barnesville, Ga., Sept. 10.—Barnes
ville’s electric and water plants show
a, profit for the past year of nearly $2,-
000. The plants are owned by the
city, and have heretofore been run at
an expense.
Notorious Burglar Caught.
Americus, Ga., Sept. 10—Eugene
Pooler, a notorious burglar, who has
recently served a penitentiary sen
tence for burglary, was captured here
this morning after having successfully
robbed another residence. Many petty
burglaries have been committed in
Americus recently*! and Pooler is sus
pected of having committed them. He
freely confessed the burglary this
morning, the stolen watches and other
goods being found upon him.
Arm Caught In n Gin.
Eatonton, Ga., Sept. 10.—Clarence
B. Alford, manager of the Milledge
ville Oil Mill Ginnery, had his right
arm caught in a gin this morning and
so lacerated that amputation is neces
sary.
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%@23%c; choice Elgins, 20%@21%c;
New York state, 20c; renovated butter,
19c.
CHEESE—Market, firm; fancy full
cream cheese, 22@25-pound, 11%@12c;
30 to 35-pound, lU4@ll%c.
WHITE PEA BEANS—S2.4O bushel.
POTATOES—S2.2S.
ONlONS—Egyptian, In sacks, $3.00.
CABBAGES—SI.SO crate.
Breadstnffs, Hay and Grain.
FLOUR—Patent, $6.15; straight $5.85;
fancy, $5.25@5.50; family, $5.10; spring
W'heat, best patent, $7.00.
MEAL —Pearl per barrel, $3.65; per
sack, $1.50; water ground, $1.45; Pearl
grits, per sack, $1.55; Pearl grits, per
barrel, $3.75; citv meal. $1.45.
Grain Markets.
QUANTITIES— Jobs. Cats.
No. 2 white corn 76 *74
Mixed corn 75 73
OATS—
No. 2 mixed 69 47
No. 2 white clipped 53 51
BRAN—
Pure w'heat bran $1.40 $1.35
Mixed bran 1.30 1.20
Cracked corn 1.55 1.50
Sugar.
Cut loaf
Cubes 5.92
XXXX powdered •”
Powdered 5.82
Fine granulated 5.66
Confectioners A 5.52
White Extra C <>.32
HAY—
No. 1 timothy 95 87%
No. 2 timothy 85 80
RlCE—Market dull, fancy head, 4%c;
prime, 4®4%c.
Good 3%®3%
Fair ® @314
Common 2 @2V4
Frail* and Not*.
APPLES—Summer pippins, $3.50 bar
rel.
BANANAS— $1.75@2.00.
WATERMELONS—3@6c.
CANTALOUPES-sl.oo@l. 25 a crate.
PEACHES—7Sc@SI.OO a carrier.
PLUMS —$1.00 a carrier.
PRUNES—2Os to 3fls. 13c; 30s to 40s,
10c- 40s to 50s. Bc. 60s to 60s, 7%c; 60s
to 70s, 6%e; 70s to 80s. 6c; 80s to 90s,
Stic; 90s to 100s, 4%c.
PEANUTS— Ample stock, fair de
man market firm; fanry hand-picked
Virginias, 7%c; N. C. peanuts 6%c; ex.
Virginias, 6%c.
NUTS—Almonds, Terragona. 14%c;
Ivinas. 12%c; walnuts, French, 12%c;
Naples. 14%e; pecans. 10c; Brazils,
9%0; filberts, 11c; assorted nuts,
50-pound and 25-pound boxes, 12c.
dried and Krannratfd Km It a.
APPLES— Evaporated, 7%c; sundried,
s \r.
Al’KlCOTS—Evaporated, fancy, 13c;
choice. 10%e.
RAISINS -L. L„ 2-Crown, $1.85; 3-
Crown. $2.00; 4-Crown clusters. $2.75;
loose muscat ells. *c, 1-pound seeded,
10Se; Imperial cabinets, $3 per bo*.
PEACHES —Evaporated, peeled, 16c;
unpeeled. *Sc,
PEA RH— Evaporated, 10%c.
CITRON A. S. drum. 14%r; faney
Corslcian. In 10-pound boxes, 14%r.
CURRANTS -Barrels, Tc.
lalae. *
Mocbs ,23 So
i'aalairi .. .....II •
ORDERS, ORDERS!
We have for Wool, Wax, Hides and Furs.
—Ship them in
A CUD IIP LI Q. DD Cl Wholesale Grocers and Liquor Dealer*
cnnuutl & DnUif HI-H 3-115 Bay Street, West.
THE CHASMAR-KING SUPPLY Co. f^
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES, SANITARY PLUMBING GOOD!*, WROUGHT
IRON PIPE. FITTINGS, etc. All sup piles for STEAM, WATER and GASL
Sole Agents for the celebrated HUXL EY VALVES.
There Is No Speculation^
—there is no guesswork about the dividend paying power
of our CERTIFICATES OF DEPOSIT. Interest is paid
at agreed upon rates, and you could wish no better se
curity. Every dollar invested with us this way draws its
full value. Better than paying high premiums for bonds,
etc. Let us explain.
The Oglethorpe Savings and Trust Cos,
8 Bryan Street, East.
HERMAN MYERS, President. JNO. M. BRYAN, Cashier, r-
JACOB PAULSEN. Vice President. ALLAN SWEAT. Acct.
COCEX
Offers to the man whose constitution
is being undermined by continual
drains a chance to regain his vigor
anti Is a guaranteed cure for Prosta
titis, Spermatorrhea, Nervous Debility
and all derangements of the geno
urinary tract. Lost Manhood Is per
manently restored andyon take no
risks, for our guarantee protects you
against any loss if we faU. Guaran
teed and for sale by -*
UPPMAN DRUG CO.,
Llppman Block. .’... Savannah. Ga.
ANNOUNCEMENT.
When In need of a BLOW PIPE
SYSTEM for your SAW or PLANING
MILL see us. Also for anything in
tlie SHEET IRON line.
All work guaranteed. Estimates
cheerfully furnished free.
Savannah Blow Pipe
aud Exhaust Cos.,
543-545 Liberty Street, East.
P. O. Box 194.
BUSINESS LOCALS.
Best bargains in city proparty by X 7.
J. Miscally, Jr.. 20 Bryan street. You
will consult your own interest by sea*
ing him for full particulars.
Fancy No. 1 12 c
Fancy No. 1 12%c
Choice No. 2 12 c
Prime No. 2 ....11 c
Fair No. 5 10%c
Ordinary No. 6 914 c
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,
14%c; dry salted, 12%c; green salted,
7%c.
WOOL—Firm: prime Georgia, free
of sand burrs and black wool, at 25c;
black, 23c; burry, 12@16c; wax, 26c; tal
low'. 3%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®
I. per barrel: hair, 4@sc; Rosedale
cement, $1.15(9)1.25; carload lots, spe
cial. Portland cement, retail, $2 00<a>
$2.25; carload lots, special. ’
DUMBER Railroad ties, 27@29c
hewn ties (7x9x8%), 38@40c; hewn ties
(6xß), 26@2Sc; switch ties. $" 0 .50@
11. easy yard stock. $11.00@12.00; car
sills, $13.00@15.00; ship stock, SIB.OO.
Olla.
Perfection Signal Oil 40 0
Pratt’s Astra! " 16 ®
Aladdin Security ic „
Water White {5 °
Standard White 7"14%c
D. S. Gasoline "jg' c
D. S. Gasoline in drums 14%c
86 degree gasoline in drums 19'4c
Linseed oil raw. 1 bbl lots 46 c
Boiled linseed, 1 bbl. lots 4$ c
Five barrel lots special.
. Drop, $1.65; B. B. and large,
$1.90; chilled, $1.90. ’
IRON—Market |irm; refined, $l9O
- were, 4c. ’
NAILS —Cut, $2.20 base; wire, $‘ > 30
base.
BARBED WIRE— $3.00 per 100
pounds.
GUNPOWDER - Per keg. Austin
crack short, $4.50 keg; half keg s•> 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 "0
per cent, on smokeless.
Cotton Rugging and Ties.
BAGGING—Market firm; 1% pound
7%@7%c; sea island bagging, 9%@9Si C '
TIES —Standard 45-Inch arrow 94c
@'sl.oo.
COTTON PICKING SHEETS-2'’O
25c each.
TWINE—Per pound, or hank, 14®
15c.
HAMS—Sugar cured, 13®14c; nlcnlca
10@10%c. p
D. S. butt* .1/
D. S. plates '.'.‘..'.‘.'.7*
Western heavy bellies ".'."..7.9
Eastern light bellies .'7..M4
Eastern medium nellies 77.79%
Eastern heavy bellies "
D. S. C. R. sides 75
Smoked C. H. sides 7.7944
LARD—Pure, In tierces, B%c; "od
pound tin* and 80-pound tubs, ’g%e'
compound, In tierces 6fc; 50-pound
1 tin* and 80-pound tub*, 6%c.
Mlseellnnrons.
FISH--Mackerel, half-barrels, No
1. $10; No 2, $8 50; No. 3, $8; kits, No'
1. $1.40; No. 2, $1.30; No. 3, U; cadi
fih, 1-pound brick*. 6c; 2-pound brick*
6%c; smoked herrings, per boa, lt&toc'
Dutch herrings, in kegs, sl.lO, new
tnulb ts, half barrets. 14.
HYHUr Market quiet, Georgia and
Florida eyrup, buying al YIQIV. eel I
lug at !t>@37%e, sugar house, at 16%Q
HIGH WINBC Seals. 1136
HONEY—DuII strained, is bar re la
> 60c gall# |
4%
PAID ON DEPOSITS
—ln tha—
Savings
Department
COMMERCIAL BANK
of Savannah.
State Depository.
DEPARTMENT OF
SAVINGS
Southern Bank
of the State of Georgia.
ATTENTION IS REQUESTED TO
ADVANTAGES OFFERED TO DE
POSITORS IN THE DEPARTMENT
OF SAVINGS OF THIS BANK.
INTEREST PAID OR COMPOUND
ED QUARTERLY AT THE OPTION
OF DEPOSITOR.
JOHN PLANNBRT, President.
HORACE A CRANE, Vice Presldsat
JAMES SULLIVAN. Cashier.
No. 1640. Chartered 1866.
Th# MERCHANTS NATIONAL BANK
OF SAVANNAH. GA.
UNITED STATES DEPOSITORY.
Capital $500,000
Surplus and undivided profits. 127,000
Total $627,000
Accounts of Banks, Bankers. Cor
porations. Firms and Individuals re
ceived upon favorable terms.
Issues Time Certificates of Deposit
bearing interest.
Correspondence solicited,
J. A. G. CARSON, President
BEIRNE GORDON. Vice President
W M. DAVANT. Cashier.
Statement of
The citizens book o[ Sovonih
At the close of Business Sept. 6, 1904.
RESOURCES.
Loans and discounts. . .$2,490,474 64
Banking House 95,000 00
Branch Banking House. 75,000 00
Stocks and Bonds 179,500 00
Cash 376,302 74
Due from Banks 511,292 79
$3,727,570 17
LIABILITIES.
Capital stock $ 500,000 00
Surplus and Undivided
Profits 316,117 45
Deposits 2,586.452 72
Due to banks 325.000 00
$3,727,570 17
MILLS B. LANE, President.
GEORGE C. FREEMAN, Cashier.
GORDON L. GROOVER, Asst. Cashier.
The Germania Bank,
SAVANNAH. GA.
CAPITAL, SURPLUS AND UN
DIVIDED PROFITS. $500,000
Transacts a General Banking
Business.
Deposits of one dollar and up
wards recelted In Savings De
partment. Interest payable or
compounded quarterly.
HENRY BLUN. President.
GEO. W. TI EDEMA N, Vice Prea.
JOHN M. HOGAN. Cashier.
WALTER F. HOGAN. Assistant
Cashier.
IDLE MONEY
deposited in the
Savings Department
—or THE—
Chatham Bank
Is free front speculative dangers
yields an Income a* large as Is coo*
slatent with conservative method- "I
hanking, and Is at all limes subject l
llic control of the de|ioslior.
LEOPOLD ADLKR, President.
T M CVWMIXOHAM. JK , Vb Pr*
Kill ft U . < I 4lf Itr. ( ashler
COl lITNBY TlfOftPlC. Asst Cashier.
OLD kfWirtfCTf, m TO* *
■Mu S4 UM4M omm, ****
wmm