Newspaper Page Text
18
SPOT SALES LARGE
QfOTATFOXS REDI'CO) 1-1 Ar FROM
FORMF.R TLOE.
HEAVY RECEIPTS CONTINUE.
ETr.EED BT MAW THOTSANDS
THOSE OF LAST TWO SEASONS.
F. O. B. Markrt Steady at f* .1-4 Centa.
Bnata tiood Middltnic—Offerlna*
From (dnntrT Light, as llaMrra
Want Higher Priee*—Fotnrea Mar.
Lota rinard Inrhanged or Shorr
ing alight Gnlsa.
AT THE n,OSE.
El TI RES.
Liverpool. 2 to 3 polnta lower.
Yew York, unehonged.
Yew Orlenna. 2 to 4 points higher.
SHOTS
Liverpool. 2 points higher.
Mew York. 5 polnta higher.
Yew Orlenna. 1-l Se. higher.
Savaunnh, lower.
The local spot marker declined
slightly yesterday, after holding its
level pretty steadily for the last week.
The opening was quiet at 9 11-lSc for
good middling, but after the first call
the tone improved, though prices re
mained until the close. The sales were
much better than have been the case
for several days, amounting to 1.389
bales.
The tone, prices and sales for the day
follow:
I Open- 1 Clos-
I lng. o'clock, lng,
| Quiet. | Firm. | Firm.
Good middling" 9 11-16 9 11-16' 9 11-16
Middling 9 7-16 9 7-16 9 7-16
Low middling..; 8 15-16, 8 15-161 8 15-16
Sales j 25 | 789 j 575
Total sales yesterday. .
Time, 1 p. m„ day before. 814.
The receipts continue large, with no
sign of a let up; those of yesterday
were 12,539. exceeding by nearly 4.000
those of the corresponding day last
season and by nearly 5,000 those of the
previous year.
The f. o. b. market opened quiet at
9%e, basis good middling, and closed
steady and without change. The de
mand oontinues good, though offerings
from the country are light at the offi
cial basis of prices.
Th futures markets showed an un
dertone ot strength, and at the close
were unchanged from the close of the
previous day or showed slight gains.
SPOT COTTON MARKET.
The following were the offlefal spot
quotations at the close of the market
at the Cotton Exchange yesterday:
I 4:00 | Tear
Grades. | P. M. J Ago.
Good middling 9 11-16|10* ~
Middling 9 7-1610*
Low middling 8 15-1| 9*
Tone .j Firm. (Steady
Sales yesterday. 1.389.
Exports—
Foreign
Foreign for season 355,632
Last year 242.524
Coastwise 1.950
Coastwise for season 159,200
Last year 119,789
’ Receipts yesterday 12,539
Last year 8.797
Tear before last 7,733
Receipts since Sept. 1 669,938
Receipts same time last year.. 446,457
Stock yesterday 157,931
Stock last year 86,889
Receipts and Stocks at All Ports—
Receipts yesterday 82,345
Same day last year 72,324
Same day year before last .... 45,340
So far this week 62,345
Last year 72.324
Tear before last 45,340
Receipts since Sept. 1. 1904 ...2.713.251
Last year 2,031,474
Stock at all ports yesterday.. 932,720
Stock same day last year 546,725
DAILY COTTON MARKET.
Savannah—Firm: middling, 9 7-16 c;
net receipts. 12.539; gross, 12,539; sales,
814; stock, 157,931. Exports—Coastwise,
1,950.
Galveston—Firm: middling. 9%c; net
receipts, 12,046; grogs, 12,046; sales, 1,100;
stock, 191.692. Exports—Great Britain,
7.050; coastwise, 593.
Norfolk—Net receipts, 6,150: gross, 5,-
360; stock, 16,650. Exports—France, 8,-
300.
Baltimore—Nominal; middling, 9.75 c;
stock, 2,897.
Boston—Quiet; middling, 9.95 c; net
receipts. 41; gross, 2,582.
Wilmington—Nominal; net receipts,
2,258; gross, 2,258; stock, 18,999.
Philadelphia Steady; middling,
10.26 c; gross receipts, 303; stock, 6,467.
New Orleans—Steady; middling,
9 9-16 c; net receipts, 17,897: gross, 17,897;
sales. 3,900; stock. 201,113. Exports—
Great Britain. 17.500: continent, 3,131.
Mobile—Firm; middling, 9 7-16 c: net
receipts, 2.107; gross, 2,107: sales, 1,800;
stock, 33,715. Exports—Great Gritain,
8.977; coastwise, 300.
•Memphis—Steady; middling, 9%0;
ret receipts, 4,138; gross, 6,321; sales,
3.400; stock. 81.793.
•Augusta—Steady; middling. 9%c;
net receipts, 5,945; gross. 6,017; sales,
1,220; stock, 67,886.
v Charleston—Firm; middling, 9%c; net
receipts, 1,632; gross, 1,632; sales, 100;
stock, 24,802. Exports—Coastwise, 609.
•Cincinnati—Net receipts, 690, gross,
690; sales. 250; stock. 2,752.
•Louisville —Firm; middling, 9%r.
•St. Louis—Quiet; middling. 9%r; net
receipts. 500; gross, 1,949; sales. 112;
stock, 11,926,
•Houston—Steady: middling. 9%c;
net receipts, 8,387; gross, 8,387; sales, 1,.
730: stock. 68.429
New Tork—Dull; middling, 10c; net
receipts. 778; gross, 4,620: stock, 73.363.
Port Arthur and Sabine Pass -Net re
ceipts. 7.902; gross. 7,902. Exports—
Great Britain. 7.902.
Miscellaneous—Net receipts, 594;
gross. 594.
New York—Deduct from stock. 711
bales. (destroyed by fire).
9t. Louis—Add 1,741 to gross receipts
•nd shipments since Sept. 1.
Total To-day, at All Seaports—Net
receipts, 62.939: Great Britain, 41.469,
France, 8.300. continent, 3,131; stock,
732,720.
Consolidated, at All Seaports—Net
receipts, 62.939; Great Britain, 41,459;
France. 8,300; continent, 3.131.
Total Since Sept. 1, at All Seaports-
Net receipts, 3,713.251; Great Britain.
946,067; France. 207.916; continent. 633,-
966 Japan. 10,233. Mexico. 6,801.
•Not Included in totals.
SEA ISLAND COTTON,
Prices follow:
Fancy Florida# 21 @22
Fancy Georgias 19 Vk
Extra choice Georgias 1888
Choice Georgias Nominal.
Extra fine Oa.’s and Fla.’s.. Nominal
Common Ga.’s and Fla.'s....Nominal.
NEW YORK FUTURES
ABOUT UNCHANGED.
Maw York. Oct. 29.—Ths cotton mar-
uni n 1 1
COTTON. STOCKS. BONDS. GRAIN
PROVISIONS AND COFFEE.
Direct Private Wires to All Markets.
MEMBERS
New Orleans Cotton Exchange.
New Orleans Future Brokers Assn.
New Fork Cotton Exchange.
New York Coffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M, McCORD, Manager ,
104 Rav, East. Savannah. Oa.
ket opened steady at an advance of
1 point to a decline of 1 point or rath
er better than due on the cables, and
the generally favorable showing of the
early weather reports. There was no
confirmation of yesterday's rumors
that the Fall river strike had been
broken, but sentiment on the whole
seemed rather more favorable to the
market, possibly owing to the outlook
for smaller receipts and a lessened
pressure of actual cotton. Buying did
not seem aggressive, hpwever. and aft
er the first demand was filled the mar
ket sagged off, ruling quiet, but about
steady around last night's level.
SPOT COTTOS AT YEW YORK.
New York, Oct. 29.—Spot cotton dull.
5 points advanced: middling uplands.
19.00 c; middling gulf, 10.25 c; sales,
none.
cotton Futures at New York. Oct.
29.
Options. | Open.; High., Low.; Close.
October .... 9.50 j 9.57 j 9.50 ; 9.54
Nov 9.45 9.55 | 9.51 9.53
Deo 9.65 j 9.75 9.65 1 9.71
January ... 9.76 9.85 9.74 9.80
Feb 9.79 | 9.85
March 9.84 ; 9.95 9.84 j 9.90
April *9.98 , 10.00 9.93 9.93
May 9.94 j .... ! 9.98
June *9.95 .... | 10.00
July *9.98 j 10.05 j 10.05 j 10.03
•Bid.
Futures opened steady; closed
steady.
NEW ORLEANS SHOWED
SLIGHT GAINS ON LIST.
New Orleans, Oct. 29.—Cotton futures
steady; October, nominal; November,
9.54@9.56c: December, 9.59@9.60c; Jan
uary, 9.67@9.68c; February, 9.74®9.76c;
March, 9.82@9.84c; April, 9.87@9.88c;
May, 9.94@9.95c.
Spot cotton, steady: sales. 3,900 bales,
including 900 to arrive. Quotations ad
vanced l-16c.
Futures opened barely steady, with
prices 3@5 points lower than yester
day's finals on a poor Liverpool and
a good weather map. For a time the
market was very dull, but late In the
session a buying movement was start
ed. which carried prices up B@l2 points,
but finally eased off until half the ad
vance had been lost In the trading
December opened 3 points lower, at
9.53 c, sold up to 9.63 c and finally de
clined to 9.59 c. The market closed
quiet, the list showing net gains of 2@4
points.
LIVERPOOL COTTOH MARKET.
Liverpool, Oct. 29.—Spot cotton quiet:
prices 2 points higher; American mid
dling fair, 5.70d; good middling, s.4Ud
middling, 5.34d; low middling, 5.22d
good ordinary. 5.08d; ordinary, 4.92d.
The sales of the day were 5,000 bales
of which 300 were for speculation and
export and included 4,400 American
Receipts 13,000 bales, including 8,700
American. Futures opened steady and
closed easy: American middling, g. o
c.: October. 5.25d; October-November,
5.23d; November-December. 5.21d; De
cember-January, 5.22d; January-Feb
ruary, 0.23d; February-March, 5.24d-
March-April, 5.26d; Aprll-May, 5.27d'
May-June. 5.25d; June-Juiy, 5.25d-
July-August, 6.28d. .
Cotton Statistics.
Liverpool, Oct. 28.—Following are
the weekly cotton statistics
Total sales of all kinds 40,000 bales;
total sales American 33,000; 'English
spinners takings 75.000; total export
2,000; imports of all kind* 128,000; im
ports Amerioan 115,000; stock of all
Kinds 303,000; stock American 251,000:
quantity alloat all kinds 386,000; quality
JhCoat American 356,000; total sales
on speculation 600; total sales to ex
porters 1,500.
WARE * LKLAXD
Say Firm Fndertone May Mean Mar
ket Has Been Sold to Standstill .
New York, Oct. 29.—The market had
an undertone of firmness again to-cl'jy
that has not been in evidence for some
time. This may prove to be another
of those wild fancies and will o’ wisps
that believers on cotton under 10 cents
have been following for some time.
And, then again it may be that the
market has at least been sold to a
standstill Next week we run against a
540.000 bale movement last year, the
following week 560,000 bales ’and
the third week in November over 580-
000 bales. There are no signs of any
such movement this year, and the ex
cess in sight for the season will be
cut down rapidly for a while. This
will make bears very nervous. We
see no other way out of the present
position. Futures ’are selling at the
same prices asked for spot cotton In
the South. What will shorts do when
receipts look small compared with last
year, and spot cotton in the South
holds firm? This is an interesting
question. Some of the beat men on
the floor have been wrong below 10
cents then confess it cheerfully, but
don’t show any change in their Ideas.
The future market has been having a
sorry time for several weeks now, but
the season has only just begun. 1 There
Is every inducement to buy cotton on
breaks at these figures.
DRMEKK A HAMMOND'S
Dally Cotton Letter from New
York.
New York. Oot. 29.—The process of
liquidating the large amount of cot
ton accumulated by farmers in expec
tation of 10 cents or better, has gone
on quietly with very Mttle decline
since the sharp break of last week. The
movement, which lately was less free,
partly as a natural result of small
purchases by spinners and partly also
on account of heavy rains, especially
In Texas, has still been large enough
to promise a record movement for the
month of October. The total brought
Into sight for the present month sill
be In the neighborhood of 2,400,000,
against 2.288,000 In 1898, the previous
high water mark. It Is thought, how
ever, for the nexit few weeks receipts
will fall below those of last year, for
the reason that owing to the lateness
of last season the heavy movement
did not begin until about the first of
November, and the next two months
continued extremely lull. It 1s pos-
DEMERE L HAMMOND, Brokers,
Phones 1505. Office No. 24 Bryn street, East.
COTTON, STOCKS, BONDS, GRAIN ANB PROVISIONS
Dlrecs Private Wires Is UmHsc Exchanges-
Meat mmjmmjvaEM a speculi/tt*
SWANN AH MORNING NEWS: SUNDAY. OCTOBER 30. 1904.
I sible that should our receipts during
j November fall materially behind those
! of a year ago there may toe some mod
j eratlon in crop estimate*, which re
i cently have been expanding material
j ly. The latest estimate from a well
known authority 1* that of Mr. Neill,
who puts the yield at 12.000.000. At the
same time Mr. Ellison, or rather, his
successor—as Mr. Ellison himeelf died
last year—estimates the world's re
quirements of American cotton at 11.-
■ 000.000 If the spinning trade should
I accept this double set of figures there
j would seem to be no necessity for hur
rying about laying in supplies, as they
suggest a clear surplus of 1.000,000
bales over and above all require
ments.
J. S. BACHE A CO.'S
■ i. i. i. ii ■
Dally Cotton Letter to Hayward.
Vick A Cos.
New York. Oct. 29. —The routine
news was against the market. Aside
from frosts at Fort Smith, which sec
tion has already been visited by kill
ing temperatures, the map was good,
that is. for picking and marketing, no
further development being expected
in view of the recent cold wave.
' 'ables were lower than due. said by
private cables to be the result of less
prosperous trade conditions in France,
and the bears claimed that smaller
receipts argued a falling off in de
mand. But the market opened steady
on some good buying orders, one brok
er taking 5,000 bales each of Decem
ber. January and March, believed to
be either for New Orleans or Phila
delphia. and after starting one point
higher to one point lower the market
worked up on this demand and week
end covering to a net advance of some
4or 5 points. Later the liquidation by
commission house longs of the near
months and weakened the market in
spite of the fact that theee people
were buying of the late positions to
the extent of the nearby selling, show
ing confidence in ultimate results. The
tone continues steady, but prices grad
ually slipped back to about closing
figures of yesterday. After this the
market was very quiet and rather ir
regular. rallying toward the close. We
think the smaller receipts indicates
that weaker holders have liquidated
and that cotton is now in the hands
of strong people who appreciate that
the world will pay a reasonable price
for the whole of this crop to supply
immediate necessities and replenish
supplies if the ’South will insist on
obtaining such a price.
Far West Indian Cotton.
Kingston. Jamaica, Oct. 28.—Two
representatives of the British Cotton
Growing Association are now in the
West Indies, advising the people to
engage in the cultivation of cotton.
The area in Jamaica devoted to cot
ton growing is being extended, and a
big company is being formed in Eng
land to develop the industry here.
GENERAL MARKETS.
New York. Oct. 29.—Flour: Market
Inactive at unchanged prices; Minrfc
sota patent, $8.20®6.50.
Rye flour firm: fair to good. $4.50®
4.75. Buckwheat flour dull; per 100
pounds, $2.10®2.26.
Corn meal steady; yellow Western,
$1.1001.18.
Rye nominal.
Barley steady; feeding, 43c.
Wheat—Spot easy; No. 2 red, $1.2044.
Further weakness developed in wheat
to-day from the effects of liquidation,
impelled by more peaceful foreign
news. The close was weak at % to 1
cent net decline; May, $1.12 9-16; De
cember, $1.17 9-16.
Corn—Spot easy; No. 2 yellow, 62%c.
Option market was weakened by In
creased receipts and liquidation clos
ing %@%c. net lower; May, 50%c; De
cember, 56 Vic.
Oats—Spot dull; mixed, 34*@35*c.
Beef steady; family, $10.50@11.50;
mess, $8.50@9.50; beef hams, $28.00®
24.50.
Cut meats quiet; pickled bellies. B%®
10*c; pickled shoulders, 7*c; pickled
hams, 9*®loc.
Lard steady; Western steamed, $7.55;
October closed $7.55, nominal. Refined
barely steady: Continent, $7.75; com
pound, s%@6*c.
Pork steady; family, $15.50@16.00;
short clear, $13.76017.00; mess, $12.50®
13.00.
Tallow dull; city, $2 per package,
4*c; country packages free, 4*®sc.
Rice firm.
Sugar—Raw steady; fair refining,
344 c; centrifugal, 96 test, 4V4c; molas
ses sugar, 2Vic: refined firm; confec
tioners' A, 4.90 c; mould A, 5.40 c; cut
loaf, 5.75 c; crushed, 5.75 c: poYvdered,
5.15 c: granulated, 5.06 c; cubes, 5.30 c.
Coffee —Spot Rio steady; No. 7, in
voice, S*e; mild quiet; Cordova, 10®
18c. The market for coffee futures
opened steady ht an advance of s@lo
points, and closed steady at unchanged
prices to an advance of 5 points; sales,
17,760 bags.
Potatoes, firm: Long Island. $1.75®
2.00; state and Western, $1.50@1.75; Jer
sey sweets, $1.25@1.J5.
Peanuts, steady; fancy handpicked,
s@sV4e; other domestic. 3®6*c.
Cabbages, steady; per barrel, 50@76c.
Cotton, by steam to Liverpool, 15c.
Butter, strong; creamery, common to
extra, 14@22*c; state dairy, common
to extra, 14@21c. ,
Cheese, firm, unchanged.
Eggs, quiet, unchanged.
CHICAGO MARKETS.
Chicago. Oct. 29.—Peaceful settle
ment of the North sea incident was
the main influence In a w@k wheat
market here to-day. At the’close De
cember wheat was off l%c, and May,
I%®>l%c. Corn showed a loss of %@%c
and oats. 64c. Provisions are practi
cally unchanged.
The leading luturea ranged as fel
lows
Opening. Highest Lowest Closing.
Wheat. No. 2
Oct $ $ $ $1 IH4
Dec 1 1344 1 1344 112 112
May .... 1 11% 1 11% 111 1 11%
July .... 97 97 95% 95%
Corn No. 1. —
Oct 52%
Dec 48% 49 48% 48%
May .... 31% 31% 80% 31
Oats, No. 2
Oct 29%
Doc 29 29% 28% 28%
May .... 31% 81% *O% 31
Mess Pork, per barrel—
Oct 310 90
Jon ... 12 46 12 50 13 42% 12 42%
May ... 12 62% 12 65 12 45 12 47%
Lard, per 100 pounds—
Oct 7 07%
Jan ... 710 710 7 07% 7 07%
May ... 720 722 % 7 17% 720
Short Ribs, per 100 peunda—
Oct .... 7 20 7 26 7 20 7 25
Jan ... 6 47% 650 645 645
May ... 6 62% 665 <6O 660
Cash quotations were as follows:
Flour quiet and steady; winter pat
ents. 35.3005.40; straights. $4.9005.20;
spring patents. 85.307)5.80; straights,
$4.6005.30. bakers'. 33-2004.00; No. 2
spring wheat. $1.1101.11; Ka $1,030
1.18; No. 2 red. $1.1601.17%, No. 2
oorn. 55c; No. 2 yellow. 6€%e; No. 2
oats. 29%c; No. 2 white, 31%@31%c;
No. 3 white. 30@60%c; No. 2 rye. 79c;
good feeding barley. 37%c: fair to
oholce malting, 42052 c, No. 1 flax seed,
SPIRITS VERY WEAK
LEVEL OF B 1 CENTS REACHED IS
THE POST MARKET TRADE.
OPENING FIRM AT 51 1-4 C.
DEMAND LIGHT AT THAT FIGURE
AND RECEIPTS CARRIED OVER.
Demand for Roatnn Good and Prices
a* a Consequence Are Rising—At
Opening of Yesterday's Market
Eonr Common Grades Had Ad
vanced—Close Firm and Unchang
ed. Bnt Higher Price Was Paid
Again in Late Trade, Chiefly on
Yliddle Grades and Pales.
That the spirits market has not yet
struck bottom was evidenced in the
trading yesterday. The market open
ed firm at a decline of V4-cent from
the close of the previous day, but with
fairly large sales, 663 casks. It was be
lieved that the clearing up of the small
accumulations in the late trade of the
day before would have a tendency to
firm up the tone and keep the price
at the then level, but the close yester
day. though firm and unchanged, was
without any sales and in the late
trade another decline was reported so
that sales were made on the basis of
51 cents. Even at that figure the de
mand was restricted and only a part
of the day's receipts were taken by
buyers. The receipts of the day were
850 casks, and the shipments. 370. In
New York the market was quoted very
dull at 55V4 cents. London reported
the basis of trade at 38—10*.
However, if spirits are declining the
opposite is true of the rosin market,
for in this department of the naval
stores there has been an increase of
prices from day to day for probably
the last Yveek. At the opening yester
day prices showed an Increase of 2*
cents, G, F, E and D, represented ex
cept in the case of E, by outside
prices. The sales were 1,299. The
close was firm and unchanged with no
further reports of sales. In the post
market business an increase was gen
eral though on scattered grades, chiefly
the medium ones. Sales were report
ed at an advance of 5 cents on W. G.,
N, M. K and I and quotations for
the remainder of the list, outside
prices where they were split; at an
advance of 5 on N and 10 on M and
outside quotations, and at 10 on K
and 15 on I and outside quotations.
The receipts were 1,263 barrels, and
the shipments, 3,861. New York was
quoted firm at $2.90.
NAVAL STORES STATEMENT.
The following are the figures and
quotations of the naval stores mar
ket, as posted at the Board of Trade
Spirits. Rosin.
Stock April 1 6,495 44,550
Receipts yesterday 850 1,253
Receipts previously 134,586 391,904
Total 141,931 437,707
Exports yesterday 370 3,861
Exports previously 118,466 384,105
Total 118,836 387,966
Stock yesterday 23,095 49,741
Stack previously 18,523 63,643
I Yester- Day Be- Last
1 day. fore. Year.
Tone ..| Fdrm. ] Firm. ] Firm.
Sales . 51*1 51* 56Vi®56*
Sales . 663_| 468 682
Rosin . Firm. | Firm. Firm.
W. W. 6.00 5.00 47i0
W. G. 4.65 4.65 3.80
N 4.50 4.50 3.50
M. .. . 4.25 4.25 3.05
K. . .. 3.75 3.75 2.90
1 3.10 3.10 2.70
H 2.85 2.85 2.60
G 2.77*@2.80 2.77* 2.55
F. .. . 2.72*@2.75 2.72* 2.60
E i 2.70 2.67* 2.35
D. .. |2.2*®2.65 2.62 * 2.30
C. B. Ai 2 - 60 __L_ J- 60 2.30
Sales ■] 1,299 | 2,329 _591
IN OTHER MARKETS.
New York, Oct. 29.—Rosin firm;
strained, common to good. $2.90. Tur
pentine firm. 54%@55*c.
Charleston. S. C., Oct. 29.—Turpentine
arid rosin, nothing doing.
Wilmington, N. C.. Oct. 29.—Spirits
turpentine, nothing doing: reoelpts, 74
casks.
Rosin, firm; $2.45; receipts, 212 bar
rels.
Tar, firm: $1.60: receipts. 68 barrels.
Crude turpentine firm; $2.30, $3.80 and
$3.80; receipts, 128 barrels.
New' Orleans. Oct. 29.—Receipts, ros
in, 155 barrels: turpentine, 64.
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
Week 511,149 858.362
Month 4.729.183 5.769.713
Since July 1 24.435.839 26,085,259
Where Shipped—
Foreign 2.191.090 1,320,950
Baltimore 6.382,978 2.997,354
Philadelphia 3.268.803 4.760.119
New York $1.967,792 8,560,971
Boston 580,766 1,167,206
Other ports 253,410 7*228,599
$1.08; No. 1 Northwestern, $1.15; mess
pork, per barrel. $10.99011.00; lard, per
100 pounds. $7.62@7.10; short ribs sides
(loose). 87.2507.35. short clear sides
(boxed), $7.8707.50; whisky, basis of
high wines, $1.34; clover. contract
grade, 812.16.
Receipts Wheat. 85,000 bushels:
oorn, 97.900 bushels; oats, 145,000 bush
els.
dry' GOODS.
New Tork. Oct. 29.—The cotton
goods situation is increasing in firm
ness. Buyers' purchases, while not
evidencing any general desire to op
erate for the future, indicate pressing
and growing need for merchandise.
The prediction is becoming more gen
eral that when actual necesaltlea be
come more generally admitted the op
erations of buyers may cause mate
rial developments in the cotton piece
goods market of a more radical na
ture than the majority anticipate.
COTTON REED OIL
New Tork. Oot. 89. —Cotton seed oil
was barely steady, with a light trade.
Prime crude, L o. b. mllla $0o; prime
rummer yellow, 96%0fT0; off summer
yellew, nominal; prim* white, *Oo3io.
prime winter yellow, 90031 c.
FEW SOCIETY 56 YEARS OLD.
Etnory “Indent* Celebrated Its An.
niversar?'.
Emory College, Oxford, Ga.. Oct. 29
The students of Emory College were
given a holiday to-day In commem
oration of the founding of Few liter
ary society. The society was founded
in 1818 by Dr. I. A. Few. the first
president of Emory College, and has
been active ever since. The alumni
address was delivered by Dr. Stewart
R. Roberts of Macon and a member
of the faculty. The orther numbers
were a poem by Mr. C. C. Elliot and
the anniversary speech by Mr. J. A
Beddingfield.
The entire day was devoted to an
niversary exercises and a large num
ber o? the alumni was present.
ROUNDABOUT
IN GEORGIA
enrSHED IN HIS HEAD.
Grant Dorn of Mllledgeville. who
waS running a sawmill in the swamps
of Oconee river in Wilkerson county,
was attacked during the night recent
ly and almost murdered. Some time
during the night someone entered the
hut in which Mr. Dorn and a negro
boy about 18 years of age were sleep
ing and crushed in Mr. Dorn’s head
in several places, using an ax be
longing to the place.
COBB COI NTV ELECTION.
Judge Lumpkin of Atlanta has is
sued a mandamus directing certain
men in charge of the Cobb county
polls on Oct. 6 to show cause why a
mandamus should not be made per
manent calling for the result
of the flection of county treas
urer of that county. J. Gtd
Morris, through his attorneys, N.
H. Morris and Rosser & Brandon,
charges that the managers of the polls
and the superintendents failed to con
solidate his vote and forward it to the
executive departments as required. As
matters now stand. J. B. Glover is
both clerk of court and treasurer of
the county, and this, Mr. Morris con
tends, is against all precedent and
without warrant of law.
CADETS WILL. CAMP.
The faculty of the University of
Georgia has decided to give the stu
dents ten days' holiday, beginning
April 26, in order that the members
of the military department of the
university may go on their second an
nual encampment. The first encamp
ment was held last year near Gaines
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. 40@50c per pair; three-quar
ters grown, 60@75c; hens, 90c@$1.00.
Eggs—Country 22c; strictly can
died, 23c.
BUTTER-r-The tone of the market Is
firm. Quotations: Extra Elgin, 60 tubs,
24@25c; choice Elglns. 22@23c: New
York state, 2 (Hie; renovated butter,
10-pound tubs. 21@21V4c.
CHEESE—Market, firm; fancy full
cream cheese, 22@25-pound, 12@12V4 C 1
20 to 36-pound, 11%@12(4c.
WHITE PEA BEANS—22.4O bushel.
POTATOES—S2.2S.
ONIONS—In sacks, $2.50.
SPANISH ONIONS—Per crate, $1.50.
CABBAGES—SI.SO crate.
TURNIPS—Per sack, $1.50.
Breadstuff*. Hay and Grais.
FLOUR—Patent, $6.50; straight,
$6.25; fancy. $6.00; family, $5.60; spring,
wheat, best patent, $7.50.
MEAL —Pearl, per barrel, $3.50; per
sack, $1.45; water ground, $1.45; Pearl
grits, per sack, $1.45; Pearl grits, per
barrel, $3.50; city meal, $1.45.
Grain Market*.
QUANTITIES— Jobs. Cars.
No. 2 white corn 76
Mixed corn 75 73
OATS—
No. 2 mixed <9 *7
No. 2 white clipped 53 51
BRAN—
Pure wheat bran $1.40 sl.oo
Mixed bran 1-30 1.20
Cracked corn 1.55 1.50
HAY—
No. 1 timothy 90 75
No. 2 timothy 59 85
Sugar.
Cut loaf 8.47
Cubes 5 -73
XXXX powdered 5.6-
Powdered °- 6 -
Fin? granulated 5.47
Confectioners' A 5.32
White Extra C 5.12
RlCE—Market dull, fancy head, 4%c;
prime, 4@414c.
Good 3%@3%
Fair 3 @*V4
Common 2 @2)4
Frait* and Nats. •
APPLES—S3.OO to $3.50 barrel.
BANANAS—SI.7o@2.OO.
ORAPES —Malaga, $4.50@5.50; Ja
maioa orange, $3.25.
FLORIDA ORANGES—S2.7S@3.OO.
PRUNES—2Os to 30s, sl3; 30s to 40s,
10c; 40s to 50s, 8c; 50s to 60s, 7%c; 60s
to 70s. 6%c; 70s to 80s,' 6c; 80s to 90s,
514 c; 90s to 100s. 414 c.
PEANUTS —Ample stock, fair de
mand; market firm; fancy hand-picked
Virginias, 7c; N. C. peanuts, 614 c; ex.
Virginias. 6c.
NUTS —Almonds. Terragona, 1414 c;
Ivicas, 12*4c; walnuts. French, lf!4c;
Naples. 1414 c; pecans. 10c; Brazils,
9V4c- filberts, 11c; assorted nuts, 50-
pound and 25-pound boxes. 12c.
Dried and Evaporated Fruit*.
APPLES Evaporated, 714 c; sun
dried. SS4C
APRICOTS —Evaporated, fancy, ISc;
choice. 1014 c.
RAISINS—L. L., 3-crown. $1.8o: S
crown, $2.00; 4-crown clusters. $2.76;
loose muscatells, 8c; 1-pound seeded.
1014 c; Imperlsl cabinets. $3 per box.
PEACHES— Evaporated, peeled, 16c;
unpeeled. 844 c.
PEARS— Evaporated, 1014 c. .
CITRON—A. S. drum, 1414 c: fancy
Corsiclan. in 10-pound boxes. 1414 c.
CURRANTS—BarreIs. 7e.
Caffae.
Java 24 c
Mocha 2314s
Peaberry IS c
MUXS B. LANE. GKO. C. FREEMAN. GORDON L. GROOVER.
President. Cashier. Asst. Cashier.
The Citizens Bank of Savannah,
COMPARATIVE STATEMENT.
RESOURCES.
Sept. 29, 1894 Sept. 29, 1904.
Loans and discounts $1.027,10r> 22 $2,444,963 47
Stocks and bonds 5.860 00 179,500 09
Real estate and Dank buildings 26.817 33 170,000 00
•Due by banks 131,467 66 773,786 81
Cash 109,652 95 882.948 48
$1,810,888 16 $8,961,187 78
LIABILITIES.
Capital stock $ 600.000 00 $ 600,000 00
Surplus and undivided profits 42 009 29 826,864 64
Deposits 613.878 67 6.126,881 14
Rediscounts 156,500 60
11.810,888 16 $8,961,187 78
HIDES. WAX. WOOL. FURS.
ALLIGATOR SKINS.
Highest market prices paid.
1. EHRLICH & 880. lu £—.
THE CHASMAR KING SUPPLY CO.,
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES. SANITA RY PLUMBING GOODS, WROUGHT
IKON PIPE. FITTINGS, etc. All supplies for STEAM. WATER and flag
Sole Agents for the celebrated HUXLEY VALVES,
HIDES
Dry Flint Hides 16 c
Dry Salted Hides 14 c
Green Salted Hides.. B^c
D. KIRKLAND,
415 TO 421 ST. JULIAN STREET, WEST.
PUT YOUR IDLE
DOLLARS TO WORK.
Don’t aHow one dollar to remain Idle—when R Is not
earning something.
AWAITING THE OPPORTUNITY?
Leave your money with us and get a Certificate ol De
posit. It will pay you to know something about this.
The Oglethorpe Savings and Trust Cos.
8-10 BRYAN STREET, EAST, SAVANNAH GA.
HERMAN MYERS, President. JNO. M. BRYAN, Oaohlesi.
JACOB PAULSEN, Vice Pres. ALLAN SWEAT, Accountant.
ville, and was an unqualified success.
The faculty has decided that an an
nual feature of this kind is not only
of physical benefit to the students who
go on the encampment, but that it is
also of benefit to the students in their
studies, as they come back from the
encampment with clearer minds and
more interest in their studies.
KNIGHTS OF KHORASSAN.
Forty Columbus citizens have been
initiated ln;o the secrets of the dra
matic order of Knights of Khorassan
in the lodge room of the Masonic Tem
ple. The exercises followed a parade,
w'rtlch attracted much attention in
Fancy No. 1 J 2 c
Fancy No. 1
Choice No. 2 J 2 c
Prime No. 2 c
Fair No. 5 W4c
Ordinary No. 6 914 c
Common No. 7 9 c
SALT—Car lots. 109 pounds burlap
sacks. 36c; 100-pound cotton saeks, SBc;
125-pound burlap sacks. 46c; 125-pound
cotton sacks, 47c; 150-pound burlap
sacks, 54c.
HlDES—Market, firm; dry flint,
15V4@16c; dry salted, 18%@Hc; green
salted. 8140-
WOOL—Firm; prime Georgia, free
of sand burrs and black wool, at
24c; black, 22c; burry. 18@16c;
wax, 27c: tallow, 4c; deer skin, 22c;
goat skins, 25e each. •
Hardware and Building Supplies.
LIME, CALCIUM PLASTER AND
Cement —Alabama and Georgia lime in
fair demand and sell at 80@S5c a bar
rel; special Calcined plaster, $1.50@1.60
per barrel; hair, 4@sc; cement. sl.lo®
I. carload lots, special. Portland ce
ment, retail, $2.00@2.25; carload lots,
special.
LUMBER Railroad ties, 27@29c;
hewn ties
ties (6xß), 26x28c; switch ties, $10.60®
11. easy yard stock. $11.00@12.00;
car sills. $18.00@15.00: ship stock, $ll.OO.
Oil*.
Perfection Signal Oil 42 c
Pratt's Astral 16 c
Aladdin Security 15 c
Water White 15 c
Standard White 14Hc
D. S. Gasoline 16 c
D. S. Gasoline in drums 1414 c
86 degree gasoline in drums..l9s4c
Linseed oil, raw, 1 barrel lots ....45 c
Boiled linseed, 1 barrel lots 47 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, $2.06
base.
BARBED WIRE 52.85 per 100
pounds. .
GUNPOWDER Per keg, Austin
crack short, $4.50 keg; half keg, $2.50,
quarter keg, $1.40; champion ducking,
quarter keg. $2.26; Austin smokeless,
half kegs. $8.46; quarter, $4.30; three
pounds, $2.10; one pound, 75c; less 20
per cent, on smokeless.
Cettou Bagging and Ties.
BAGGING—Market firm: 1% pound,
754@%c; sea island bagging. 954®9%c.
TlES—Standard 45-inch arrow, 94c
@sl.oo.
COTTON PICKING SHEETS—22®
25c each.
TWINE!—Per pound, or hank, 14®
16c.
HAMS—Sugar cured, 1254®iie; pic
nics. 9@9 lie.
D. S. butts
D. S. plates
Western heavy bellies 8%
Eastern light bellies 9$
Eastern medium bellies 914
Eastern heavy bellies 9
D. S. C. R. sides 8%
Smoked C. R. sides 914
LARD—Pure, (n tierces, B%c; 50-
pound tins and 80-pound tubs, 834 c:
compound, in tierces, 614 c; 50-pound
tins and 80-pound tubs, 64j,@6(4c.
Miscellaneous.
FlSH—Mackerel, halfbarrels. No
1. $10: No 2. $8.50: No. 3. $8; kits. No'
1. $1.40; No. 2, $1.30; No. 3. $1.10; cod
fish, 1-pound bricks, 6c; 2-pond bricks.
5V4c; smoked herrings, per box. 19@20c;
Dutch herrings, in kegs, $1.10; new
mullets, half barrels. $4.
SYRUP—Market quiet; Georgia and
Florida syrup, buying at 28®2tc; sell
ing at 26@27Hc; sugar house, at 16)4®
18c.
WAX—27c.
. HIGH WlNES—Basis. $1.28.
HONEY—DuII; strained, la barrels.
46c gallon.
HIDES
Beeswax ..........~.._**27a
Honey ..... 45c
Goat Skins 15c to 300
the city streets. A special train a*,
rived in the city bearing two compa
nies of the Uniform Rank, Knights of
Pythias. Col. Vlttur of the Second
Georgia Regiment was In command.
In addition there was a large num
ber of members of the dramatic or
der of the Knights of Khorassan. who
carried out the Initiation work.
GOYDRIton GOES TO BROXTOS.
Gov. J. M. Terrell and his staff
have been invited to attend the Geor
gia day exercises of the Broxton Fair.
Nov. 9, 10, 11 and 12. Gov. Terrell on
the evening of the 9th win press the
button that will turn on the electric
lights just installed at Broxton.
The Germania Bank,
SAVANNAH. GA.
CAPITAL. SURPLUS AND UN
DIVIDED PROFITS. 85M.J00
Transacts a General Banking
Business.
Deposits of one dollar and up
wards received in Saring* De
partment. Interest payable or
compounded quarterly.
HENRY ELUN. President.
GEO. W. TIED KM AN, Vice Pres.
JOHN M. HOGAN, Cashier.
WAITER F. HOGAN. Asslstnnt
Cashier.
IDLE MONEY
deposited in the
Savings Department
—OF THE —
Chatham Bank
Is free front speculative dangers,
yields an Income as large as la con
sistent with conservative methods of
banking, and is at all times subject to
the oontrol of the depositor.
LEOPOLD ADLER, President.
T. M. CUNNINGHAM, JR., Vice Pres.
FRED. W. CLARKE, Cashier.
COURTNEY THORPE. Asst. Caatda*.
4%
PAID ON DEPOSIT*
—in the—
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.
IOHN FLANNERY. President.
HORACE A CRANE. Vice President
JAMES SULLIVAN. Cashier.
No. 1540. Chartered 18b*.
The MtRGHANTS NATIONAL BANK
OF SAVANNAH. GA.
UNITED STATES DEPOSITORY.
Capital 8600,909
Surplus and undivided profits. 127.009
Total 9687.999
Accounts of Banka, Bankers, Cor* )
,>oratlons. Firms and Individuals re*
celved upon favorable terms.
lee use Time Certificates of Deposit
beartna interest
Correspondence solicited
J. A. O. CARSON, Prealoent
BEIRNB OOROON. Vce President
W. M DAVANT. Cashier.