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10
COTTON STILL LOWER
FUTURES MARKETS SHOWED
LOSSES OF 1 TO 4 FOISTS.
LOCAL SPOTS DOWN 1-8 CENT.
SOME SPOT HOLDERS REKISED TO
SELL AT THE DECLINE.
First Decline in Spots Was 1-10 of
it Cent and Came at the Opening.
Second of the Same Amount Came
at the Close—Trend of Spots I* to
Resist the Downward Tendency.
Fuir Volume of Business in F. O. B.
AT THE CLOSE.
FUTURES.
Liverpool, lO to 13 points lower.
New York, 1 to 3 points lower.
New Orlesus, 4 points lower.
SPOTS.
Liverpool, lO points lower.
New York, lO points lower.
New Orleans, nncliunged.
Savannah, l-8c lower.
The reaction in cotton anticipated in
Certain directions did not materialize
yesterday; on the contrary, there was
a further loss of price in every depart
ment. This was the more of a sur
prise, inasmuch as the second instal
ment of the ginners’ report was made
public, and was generally construed as
being decidedly more bullish than the
first instalment, dealing entirely with
Georgia counties. The market did rally
when this was first received, but later
there was a sag to prices, and the
close was at net losses of from 104
points lower in the American futures
markets, and from 10013 in the Liver
pool market.
In the local spot market the opening
was easy at a decline from the close
of the previous day. The midday cal!
was unchanged in both tone and price,
but there was a second decline of l-16c
at the close, when the tone was only
nominal. The spot market shows a
strong tendency to resist the decline,
and though some sales were made at
the lower prices, many of the holders
refused to accept them, and are hold
ing for a firmer market.
The tone, prices and sales for the day
follow:
| Open- | 1 I Clos-
| lnjf._jo'clork.; ing.
__ | Kasy. | Easy. | Now.
Good middling..| 9% 9Vi 9 7-16
Middling 9% 9% 9 3-16
Low middling..] 8% 8% 8 13-16
Sales ...j 330 106
Total sales yesterday, 436.
Time, 1 p. m., day before, 1,339.
The f. o. b. market opened steady,
at 9%c, basis good middling, and closed
unchanged in both tone and price. A
fair volume of business was done on
the official basis.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday.
| 4:00 | Year
Grades. | P. M. | Ago.
Good middling ! 9 7-16!ll%
Middling j 9 3-16,10%
Low middling j 8 13-16j10%
Tone .. . | ~ | QuietT
•Nominal.
Sales yesterday, 436.
Exports—
Foreign
Foreign for season 558,795
Last year 285,521
Cc’astwise 180
Coastwise for season 209,613
Last year 140,135
Receipts yesterday 7,852
Last year 7,446
Year before last 9^656
Receipts since Sept. 1 896,98)
Receipts same time last year .. 661,209
Stock yesterday 141,401
Stock last year 138,408
Receipts and Stocks at all Ports—
Receipts yesterday 46,455
Same day last year 57^261
Same day year before last 52,473
So far this week 235.571
Last year 286,513
Year before last 223.674
Receipts since Sept. 1, 1904 4,107466
Last year 3,548,412
Stock at all ports yesterday 976,974
Stock same day last year 874,960
DAILY COTTON MARKET.
Port Movement.
Savannah—Easy; middling. 9%c; net
receipts, 7,852; gross, 7,852; sales, 1,339;
Stock, 141,406. Exports—Coastwise, 180.
Galveston—Easy; middling, 9 7-16 c;
ret receipts, 15,241: gross. 15,241; sales,
1.000; stock, 213,877. Exports—Great
Britain, 16.028; continent, 11,226; coast
wise, 500.
New Orleans—Easy; middling, 9 5-
16c; net receipts, 15.608: gross, 15,856;
sales, 2.000; stock, 347,093.
Mobile —Quiet; middling, 9%c; net re
ceipts, 1,206; gross. 1,206; sales, 500;
stock, 51,037. Exports—Coastwise. 4,-
428.
Charleston—Quiet: middling. 9 1-16 c;
ret receipts, 525; gross, 525: stock, 29,-
958.
Wilmington—Firm; middling, 9%c;
net receipts, 1.128; gross, 1,128; stock,
26.549.
Norfolk—Net receipts, 4,462; gross,
4,455; stock, 46,585.
Baltimore—Nominal; middling, 9.75 c;
gross receipts, 475; stock, 2,062.
New York—Quiet; middling. 9.80 c;
net receipts. 167: gross, 8.916; stock,
#6.357. Exports—Great Britain. 5,530.
Boston—Quiet; middling, 9.90 c; net
receipts, 248; gross, 10.192. Exports—
Continent, 1,200.
Philadelphia Steady; middling.
10.06 c; net receipts, 25; gross, 25; stock,
6,18 G.
Brunswick—Stock, 16,864.
Total To-duy at all Ports—Net re
ceipts, 46,452; Great Britain, 21.558; con
tinent, 12,426; stock, 976,974.
Consolidated, at All Ports—Net re
ceipts, 259,184; Great Britain, 100,132;
France. 15,463; continent, 95,164; Japan,
1,660: Mexico, 700.
Total Since Sept. 1. at All Ports—Net
receipts. 4,107.166; Great Britain, 1,888,-
835; France, 31#,184; continent. 1,044,-
698; Jupnn, 23.691; Mexico, 9,101,
Interior Movement—
Houston—Easy; middling. 9%c; net
receipt#, 20,835; gross, 20.835; shipments,
17,961; SHles, 2,854; stock, 99,328.
Augusrtu-Steady; middling, 9 6-16 c;
net receipts. 2,044; groaa, 2,084; ship
ments, 2.345; Miles, 914; stock, 68,642.
Memphis—Quiet: middling, s%c; net
receipts. 4,386; gross, 1,294; shipments,
6,408; sales, 2.800; stock. 120,038,
Mt, luls -Quiet; middling, 9%c; net
receipts, 1,100; gross. 6,401; stock, 4,301;
sates, 40, stock, 20,992
Flip (nitall Net receipts, 676; gross,
• <B, shipment*. 555, stuck. 2,854
MMsvill* Firm middling 9 %r
i *•**. gtoih. •
HAYWARD. II l fill
COTTON. STOCKS, BONDS, GRAIN
PROVISIONS AND COFFEE.
Direct Private Wires to All Morketa.
MEMBERS
New Orleans Cotton Exclinnge.
New Orleans Future Brokers Ass a.
New York Cotton Exchange.
New York Coffee Exchange.
Chicago Hoard of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD, Manager,
104 Bay. East. Savannah. Go.
SEA ISLAND COTTON.
Prices follow:
Fancy Florfdas 21 @22
Extra choice Floridas 1914020
Fancy Georgias 1914020
Extra choice Georgias 18%@19%
Choice Georgias 1714018
Extra fine Ga.’g and Fla.’s ..Nominal.
Common Ga,’s and Ffa.’s ...Nominal.
GINNERS REPORT
FEATURE OF MARKETS.
New York, Nov. 23.—The cotton
market showed continued activity. The
second instalment of the ginners’ re
port showing a smaller percentage of
increase over the amount ginned in
the same counties last season than the
report of yesterday, caused some pret
ty active covering, and the market in
the afternoon showed a steadier tone,
though yielding again before the close.
The market opened steady at an ad
vance of 204 points in response to
betiter cables than looked for, but al
most immediately weakened, and be
fore the end of the first hour showed
a net decline of about 7011 points,
or within a few points of the low
level attained last summer. At this
decline covering was naturally attract
ed and toward midday the market had
recovered ,-about half the loss. The
ce/isus i, report, showing that 475 coun
ties have ginned to Nov. 14 this year
about 5,733,175 bales, against 4,006,125
bales last year, was then read, and
was followed by a further upward
movement, carrying December to 9.36 c
and January to 9.46 c, or a gain from
the lowest of about 12014 points. Later
'the market weakened again under
bear pressure, attracted by the bulge
and liquidation by 'buyers on the early
break, who wanted to get out of the
market over the holiday to-morrow.
The close was steady at a decline of
103 points. Sales were estimated at
500,000 bales.
SPOT COTTOOi AT NEW YORK.
New York, Nov. 23.—Spot cotton
closed quiet, 10 points decline; mid
dling uplands, 9.80 c; middling Gulf,
10.05 c: sales, none.
Cotton futures at New York, Nov. 23:
Options. I Onen.i High.! Lew. Close.
November .. 9.25 | 9.25 9.25 9.25
December .. 9.33 | 9.37 9.24 9.29
January .... 9.43 9.47 9.32 9.39
February 9.43 9.43 9.45
March 9.57 9.59 9.43 9.51
April *9.60 9.56 9.56 9.58
May 9.67 ! 9.70 9.56 9.64
June *9.69 J 9.64
July 9.47 9.75 9.65 9.69
August 9.60 I 9.60 9.60
•Bid. “ “
Futures opened steady; closed steady.
NEW ORLEANS TOOK
REPORT AS BULLISH.
New Orleans, Nov. 23.—Cotton fu
tures steady; November, 9.1509.17 c;
December. 9.1809.19 e; January, 9.270
9.28 c; February, 9.36@9.38c; March,
9.4109.45 c; April, 9.5109.53 c; May, 9.58
09.59 c.
Spot cotton steady; sales, 4,000
bales, including 2,400 to arrive. Quota
tions unchanged.
Futurets opened quiet with prices
unchanged to 1 point lower. Trading
was active, but the market influenced
by the weakness in Liverpool and the
aggressiveness of local bears, lost 100
12 points. The census bureau report
of the cotton ginned up to Nov. 14 was
regarded by many operators as decid
edly bullish, and when the report was
posted an advance of 8010 points
quickly followed. The market contin
ued active and liquidation hy shorts
assisted materially in sustaining
prices. In the trading December op
ened at 9.22 c. sold down to 9.12 c, ad
vanced to 9.27 c and finally declined to
9.18 c. The closing was steady, show
ing net losses of 4 points.
LIVERPOOL COTTON MARKET.
Liverpool, Nov. 23.—Spot cotton,
moderate business done; prices, 10
points lower; American middling, 5.50d;
good middling, 5.28d: middling, 5.18d;
low middling, 5.06d; good ordinary.
4.92d; ordinary, 4.76d. The sales of the
day were 7,000 bales, of which 300 were
for speculation and export and in
cluded 6,600 American. Receipts, 29,000
bales, including 20,700 American. Fu
tures opened and closed easy. Amer
ican middling, good ordinary clause:
November, 5.08d; November-December,
5.04d; December-January, 5.04d; Janu
ary-February. 5.08d; February-March,
5.10d; March-Aprll, 5.12d; April-May,
5.14d; May-June, 5.16d; June-July,
5.18d; July-August, 5.18d; August-Sep
tember. 5.14d.
DEMERE A HAMMOND'S
Dully Cotton Letter from New
York.
New York, Nov. 23.—After the severe
shock which the market sustained yes
terday in the decline of 30 points and
because of an announcement that an
other Instalment of a ginner’s report
would come out at noon to-day, all was
apprehension and nervousness through
out the morning, and It \V&s an easy
task for the bears to force some fur
ther decline, that is to-day It was easy
down to about 10 points under last
night's close, but stubborn resistance
was made at that level. Even within
a few minutes of noon ‘another raid
was made in the hope that stop or
ders might be caught, and force furth
er liquidation. January was thus
depressed to 9.32 c, but refused to give
way further, ps soon as the .ginners
report was read out, 'there wVw a ral
ly of 6 to 7 points, which increased
until at one time the recovery from
the bottom was 16 points. Later In
the day, evening up trades in advance
of Thanksgiving caused some reaction
and prices closed not far from fast
night's level. The feature that stands
out most prominent, is the returning
confidence among the bulls, who it
must be said in ail frankness were
yesterday badly demoralized. The ex
travagant estimates which were built
up yesterday on a shoe string report
representing, but a portion of a state,
and only one eight of the cotton belt
has largely passed into history. To
day’s reports, which represents from
a great drttl more than half the total
counties, greater or less degree every
•late In the union furnishes a much
DEMERE L HAMMOND. Brohers,
Phones 1505 Office No. 24 Bryan street, bast.
COTTON, STOCKS, BONDS. GRAIN AND PROVISIONS
lllrtu W ire* lu I .radio* lullsage*.
LAICAL MUUHH4 HkM A SFLUALTX
SAVANNAH MORNING NEWS: THURSDAY. NOVEMBER 24. 1904.
more satisfactory basis, the increase
being only 43 against 59 per cent, in
yesterday’s report. Though the
bulletins from 370 counties which
were taken separately, -show an
Increase of only 39 3-10 over
lost year, there still remains 357
counties to be heard from. Of these 250
are lying west of Alabama, where the
increase in production Is generally con
ceived to be much less than the eastern
belt. It would seem, to follow that
the remaining counties must show a
much greater increase over last year,
and thus bring down the general aver
age increase around 40 per cent., or a
total to Nov. 14, of about 9,500,000 bales.
We are inclined to think that it would
be difficult to create the stampede with
such figures as a basis. The most
pertinent remark, which we have so
far seen regarding the holdings in the
Interior, comes in a letter to the New
York Commercial from Mr. William
White, banker of Lancaster. It gives
the situation In a nut shell; never was
a cotton crop gathered so quickly as
this season, and while we are free to
admit there is large amount being held,
it only differs this season in that it
is held in the bale instead of remain
ing ungathered in the fields. Liverpool
is due to come 1 higher in the morn
ing, but American markets will be clos
ed, observing Thanksgiving Day.
WARE A LKLAND.
Say There Is Too Much Confusion to
Get tt Clear View of Tiling*.
New York. Nov, 23.—The feature of
the market was the second installment
of the ginners’ report. If the ratio of
increase is maintained for the rest of
the counties the complete returns
would be somewhere between 9,500,000
and 10,200,000 bales, with the probable
figures around 10,000.000 bales. This
would be rather more bearish than
traders have expected. The total has
been figured around 9,500,000, which
would indicate a crop of about 11,250,-
GOO in the event of large percentage
of the crop being ginned! to Novt 14,
but 10,000,000 bales would point to a
larger increase and would therefore
lead many to look for lower prices.
But as the whole report has not come
out no one knows whether the total
will be 9,000,000 or 10,000,000, and even
then it would be impossible to state
the crop was 12,000,000 bales any more
than 11,000,000 bales. That is the
trouble with these reports this year.
They are quite valueless as an index
to production. We would advise wait
ing for the bureau report on Dec. 3rd.
This is the time of year when bears
have control of things, and there is
too much confusion to get a very
clear view of the future.
J. S. BACHB A CO.’S
Dntly Cotton Letter to Hayward,
Vick A Cos.
New York. Nov. 23. —Yesterday’s cen
sus report showed an increase in the
amount ginned to Nov. 14, this year for
the few counties reporting of about
55 per cent, as compared with last
year. To-day’s instalments covering
475 counties showed an increase of
only about 43 per cent. This report
included only seventy-one counties in
Texas. During the month qovered by
the census bureau report since the
October returns, ginning has been in
full swing in the Northern states, while
in the Southern states, having been in
full swing the month preceding, it was
beginning to fall off during the last
thirty days, and consequently we ful
ly believe that further reports as they
are published, will show a smaller in
crease over last year. The report re
ceived a rather bullish construction and
the market following its publication
rallied about 10 points from the bot
tom on covering. Previously the mar
ket had shown weakness. After work
ing down to ‘about 9.32 c, for January
covering set In and the market rallied
to about 9.42 c, after which fluctuations
were irregular. We do not see any rea
son as yet to alter our estimate for
a crop of 11,150,000 and we believe
the market will sell higher 'after the
census report has been fully received.
According to our advii es Atlantic states
spot holders are withdrawing offerings
and refusing to follow the decline, while
the easier tendency in some other sec
tions appears to be of speculative orig
gin.
SECOND INSTALMENT
GINNERS’ REPORT.
Washington, Nov. 23.—The census
bureau to-day issued a preliminary
statement of the quantity of cotton
ginned to Nov. 14, 1904, in 475 counties,
for which reports have been received
up to date, showing 18,663 active gin
neries, against 18,619 for the same pe
riod and number of counties in 1903,
and 5,803,830 running bales for 1904,
against 4,160,105 in 1903.
These figures include 141,311 round
bales for 1904 and 307,944 for 1903 and
refer solely to the 475 counties. The
number of counties from which gin
ning was reported last season is 812
and the entire number of active gin
neries reported up to Nov. 14, 1903, was
29,506, and the 'total cotton ginned 7,-
070,437 running bales.
The report says:
“Statements of the progress of each
canvass are made for the purpose of
furnishing to the public the results
with ail possible rapidity. Each bul
letin Includes the quantity previously
reported. When all the agents shall
have reported there will be published
a summary distributing by states the
total quantity of cotton ginned during
the season prior to Nov. 14.”
By states, the reports for the 175
counties mentioned for the season
prior to Nov. 14, 1904, follows;
Alabama, 36 counties, 579.543 running
bales ginned; Arkansas, 44 counties,
362,571 bales; Florida, 13 counties, 28,-
334 bales; Georgia, 105 counties, 1,246,-
997 bales; Indian Territory, 5 coun
ties. 66.214 bales; Kentucky. 1 county,
830 bales; Louisiana, 28 counties, 324,-
654 bales; Mississippi, 44 counties, 558,-
846 bales; Missouri, 7 counties, 26,-
935 bales; North Carolina, 51 counties,
440,156 bales; Oklahoma, 2 counties,
21,489 bales; South Carolina. 32 coun
ties, 726,468 bales; Tennessee, 30 coun
ties, 142,161 bales; Texas, 71 counties,
1,269,913 bales, and Virginia, 6 coun
ties, 8,649 bales.
GENERAL MARKETS.
New York, Nov. 23.—Flour about
steady with light trade.
Rye flour, firm.
Corn meal, steady.
Rye, nominal.
Barley, quiet.
Wheat—Spot, firm; No. 2 red, 81.19%.
Manitoba, nominal, f. f. b. afloat.
Most of the day wheat was firm, and
a trifle higher. Laler It yielded to
realizing and at the close was %c low
er to %o net higher. M'.iy, 81.11%;
July. 81.02%; December, 81.16%.
Corn—Spot, firm; No. 2, 55%c, f. o.
Ib. iilioat. Options murket wiih Innr
i five, all day. but fairly firm, closing
I %<%• net higher. May. 5!%c; le
-! i'ember, 58c,
I Oats—Steady; mixed oats 28 to 32
SPIRITS DROP AGAIN
DECLIXED HALF A CEXT BETWEES
OPE.MXG AXD CLOSE OF MARKET.
NO DEMAND IN LATE TRADE.
BEFORE CLOSE 1,000 BARRELS
WERE OFFERED AT A DECLIXE.
Rosin Market Opened and Closed
Firm anil nt Advance of 11) Cents
on Water white—H tglier Prices
Paid In Post Market Business
Chiefly for Pales and Commons.
New York Market Motet at $2.1)3.
Spirits Unchanged nt New York
but Lower at London.
Before the traders in spirits of tur
pentine h*ad quite recovered from the
drop in the price of that commodity,
which took place day before yester
day they were called on to see the mar
ket drop again, this time with the
traditional "dull sickening thud.” The
opening was firm at 49% cents, the
price paid in the afternoon of the pre
vious day, and with skies of 2,496 casks,
but at the close both tone and price
had gone off, the first from firm to
steady and the latter to a drop of an
other half cent from the opening fig
ure. The sales at the decline were 100
casks. So far as can be learned no
sales at any figure were made in the
post market trade. Some idea of the
prevailing feeling of the trade may be
gathered from the fact that even be
fore the close yesterday an offer to
sell 1,000 casks or any part of that
number at 49% cents was posted on the
board at the Board of Trade. The offer
was still in evidence at the close.
The receipts for the day were 777
casks, and the shipments, 200. The
New York market maintained its price
and tone of the former day, dull at
53%c, but London was quoted at a de
cline, the price being 38.
Whatever may be the cause of the
depression in the spirits market it has
not reached the other branch of the
naval stores business for rosins not
only continue firm, but the prices 'ad
vance from day to day. The opening
yesterday was firm with an advance
of 10 cents on water white, and the
close was firm and unchanged at the
following prices. The sales at the
opening were 2,251 barrels, representing
the total for the transactions during
market hours. In the later trade re
ceipts went at varying prices. Some
buyers paid quotations all along the
line, others 5 up on W. G., N and M
and 2%c on C, B, A, while still other
sales were made ’at 5c up on I, and
above, and 2% cents up on F, and
below. The receipts were 2,126 barrels,
and the shipments, 950. The New York
market was quiet at $2.95.
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 777 2,126
Receipts previously 148,940 440,939
Total 156,212 487,615
Exports yesterday 200 950
Exports previously 124,031 434,981
Total 124,231 435,931
Stock yesiterday 31,981 51,684
Stock previously 16,181 69,678
Tester- Day Be- Last
day. fore. Year.
Tone ,| Steady. | Nominal. 1 Firm.
Spirits | 49)4 50 56~
Sales ■[ 2,586 150 534
Rosin .| Firm. Firm. Firm.
W. W. 6.10 5.00 3.60
W. G. 4.75 4.75 3.25
N 4.50 4.50 3.10
M. .. . 4.30 - 4.30 2.90
K. .. . 3.90 3.90 2.80
1 3.35 3.35 2.60
H. .. . 2.80 2.80 2.40
G. .. . 2.72% 2.72% 2.30
F 2.67% 2.67% 2.20
E. .. . 2.62% • 2.62% 2.10
D. .. . 2.62% 2.62% 2.10
C. B, A 2.55 2.55 2.10
Sales ■ 27251 2?251 592
in othTr’markets.
New York. Nov. 23.—Rosin, steady.
Turpentine, steady.
Charleston, S. C.. Nov. 23.—Turpen
tine and rosin unchanged.
Wilmington, N. C.. Nov. 23. —Tur-
pentine, nothing doing; receipts, 56
casks. Rosin firm, 82.50; receipts, 630.
Tar firm. $1.60; receipts, 143. Crude
turpentine, $2.30, 3.80 and 3.80} re
ceipts, 106.
New Orleans, Nov. 23.—Receipts,
rosin 110 barrels; turpentine, 60.
LUMBER MARKET.
Exports of lumber and cross-tics
from Savannah for the season begin
ning July 1, as posted at Board of
Trade:
Lumber . Steam. Sail.
Yestbrday 70,295 1,206.247
Week 734,842 1,206,247
Month 5,786,485 4,830,224
Since July 1 31,262,721 30,915,479
Where Shipped—
Foreign 2.191.090 1,819.361
Baltimore 8,149,297 4,309,882
Philadelphia 4,070,474 6,214,118
New York 16.055,624 8,560,971
Boston 542,521 1,167.206
Other ports 253,410 9,843,945
pounds, 34%©36%c. Options, nominal.
Beef, steady.
Cut meats, firm.
Lard, steady; Western steamed, $7.50.
November closed. $7.60, nominal.
Refined, steady.
Pork, steady.
Tallow, firm; city, 4%c; country, 4%
®>4%c.
Rice, dull.
Coffee —Spot Rio, steady; No. 7 In
voice, B%c; mild, dull.
Sugar—Raw, firm; fair refining,
4 3-10; centrifugal 96 test, 4 11-18 c; mo
lasses sugar, 315-16 c. Refined, firm.
The market for coffee futures opened
steady fit unchanged prices to an ad
vance of 5 points, and closed steady
at a net advance of 5 to 10 points.
Hales 208,750 bugs.
Butter firm and unchanged.
Cheese firm and unchanged.
Kggs firm and unchanged,
potatoes, steady; Long Island, $1.75
02.00; state and Western, $1.40881.80;
' Jersey sweets, $2.0003.60.
Peanuts, steady, fumy handpicked,
! 5%r; other domestic, 8%06%e.
Cabbages, steady: per barrel, 50075.
I Hit AGO MINKETI,
Chicago. Nov, 23 lncreased move,
maid of grsln In the Northwest had
Is depressing tiifluetue on tlx wheat
market bars to-duy. Ideal hsrvust
Wbstiisr I u Argentine wag U addition-
al bear factor. At the close December
wheat was off %o%c; May was down
%@%c. Corn shows a gain of %c.
Oats are up %o%c. Provisions are
unchanged to 7%c higher.
Short Ribs, per 100 pounds—
Jan. 650 655 650 6 52%
Way 6 67% 670 6 67% 6 67%
Cash quotations were as follows:
Flour steady; No. 2 spring wheat.
$1.0801.14; No. 3. $1.0001.07; No. 2
red. $1.12%@1.13; No. 2 com, 53c; No.
2 yellow. 57%c; Nq. 2 oats, 31%@32%c;
No. 2 white. 32%c; No. 3 white. 30%@
32%c; No. 2 rye, 78c; good feeding
barley, 38038%c; fair to choice malt
ing, 42052 c; No. 1 flax seed, $1.12; No.
1 Northwestern, $1.19%; prime timothy
seed, $2.67%; mess pork, per barrel,
$11.20011.25; lard, per 100 pounds. $6.95
@6.97%; short ribs sides, (loose), $6.62%
6.75: short clear sides, (boxed), $6,750
6.87%; whisky, basis of high wines,
$1.24; clover, contract grade, $12.25.
Receipts.—Wheat. 164,000 bushels;
corn, 637,600 bushels; oats, 204,100 bush
els.
i’he leading futures ranged as fol
lows
Opening. Highest, Lowest Closing,
'a’heat. Vo. 2
Dec. .1 09%, a 09% 1 08% 1 08%
May ..1 09% 1 10% 1 09% 1 09%
July . 98% 99% 98% 98%
Corn ho. 2.
Dec. . ..49 49% 48% 49%
May . ..45% 46% 45% 45%
July . ..45% 46% 45% 45%
oats. No. 2
Nov 30%
Dec. . ..28% 29% 28% 29%
May . ..31% 31% 31% • 31%
July . ..31% 31% 31% 31%
Mess pork, per barrel—
Jan. sl2 65 sl2 70 sl2 65 sl2 65
May 12 75 12 82% 12 75 12 75
Lard, per 100 pounds—
Jan. 700 7 02% 700 700
May 7 17% 720 7 17% 7 17%
COTTON SEED OIL.
New York. Nov. 23.—Cotton seed oil
met continued pressure, and in spite of
■a fair demand, was weaker. Prime
crude, f. o. b. mills, 19%@20c; prime
summer yellow, 26%@26%c.; off summer
yellow, nominal; prime white, 30%@
31c; prime winter yellow, 30%@31c.
FOOD VALUE OF RICE.
A Well Balanced Food—Very Easily
Digested.
From the New York Tribune.
The interest manifested in the arti
cle on the rice industry of this country
which appeared in a recent issue of
this paper, and more particularly in
those portions of the story which
touched—lightly, it is true—upon the
food A'alue of the Staple, would seem
to indicate that a discussion of this
last would prove acceptable to the
Tribune’s intelligent readers. The sub
ject is a prolific one, and it is not pos
sible to exhaust it in one essay; but the
industry has assumed such importance
to the United States, and the product,
properly appreciated, is likely to be
of such value to its people, that what
ever space Is demanded will be most
profitably expended in their behalf.
A knowledge of the uses of food is
necessary to a proper understanding of
the methods of comparing the values
of the various kinds. This knowledge
is but recently acquired by the world's
scientists themselves, and. therefore,
it may be assumed tha't the lay read
er, however generally informed, may
find a brief non-technical explanation
advantageous. The substances of the
body are similar to the foods which
nourish it, possessing the same chemi
cal elements—some fifteen to twenty—
the principal ones being oxygen, hy
drogen, carbon, nitrogen, calcium,
phosphorus and sulphur, and these are
combined In a great variety of com
pounds, in 'the foods as in the body.
The most important of these com-
SAVANNAH’S CURRENT MARKETS
Note —These quotations are revised
daily and are kept as near as possible
in accord with the prevailing wholesale
rrices. Official quotations are not used
when they disagree with the prices
wholesalers ask.
POULTRY—Market, good demand;
springers, 30®40c per pair; three-quar
ters grown, 50@60c; hens, 75@85c.
EGGS—Country, 25c; Tennessee, 28c.
BUTTER—The tone of the market is
firm. Quotations; Extra Elgin, 60 tubs.
25@26c; choice Elgins, 23@24c; New
York state, 21c: renovated butter,
60-pound tubs, 22V4@23c.
CHEESE—Market, firm: fancy full
cream cheese, 22@25-pound, 12%@12%c;
20 to 35-pound. 12@12V4c.
WHITE PEA BEANS—S2.4O bushel.
POTATOES—S2.OO.
ONIONS—In sacks. $2.50.
SPANISH ONIONS—Per crate, $1.50.
CABBAGES—SI.SO crate.
TURNIPS—Per sack. $1.50.
Breadstuff*, Hay and Grain.
FLOUR—Patent, $6.50; straight,
$6.25; fancy, $0.00; family, $5.60; spring,
wheat, best patent, $7.50.
MEAL—Pearl, per barrel, $3.40; per
sack $1.45; water ground, $1.45; Pearl
grits, per sack. $1.45; Pearl grits, per
barrel, $3.40; city meal, $1.40.’
Grain Markets.
QUANTITIES— Jobs. Cars.
No. 2 white corn 76 74
Mixed corn 75
OATS- ._
No. 2 white clipped 51 43
Pure wheat bran $1.40 $1.35
Mixed bran |- 3 2 H?
Cracked corn !• X - 6U
HAY- _ on 75
No. 1 timothy so ™
No. 2 timothy bu
Sugar.
Cut loaf *
Powdered v -
Fine granulated
Confectioners A
W RlCE—Market dull, fancy head, i Vi
®sc; prime. 3
Common **©3
* Fruits and Nuts.
aPPLF.S—S3.OO to $3.50 barrel.
BAN AN AS —$1.75@2.00.
GRAPES-Malaga, $4.50@5.50; Ja
"fLORI D A*G R A E 5—52.75©3.00.
PRUNES—2° s 10 30a - 30s lo 4°s.
irtc AOs to 50s, 8c; 50s to 60s, 7Vic; 60s
7 0 . 6y.c; 70s to 80s, 6c; 80s to 90s.
sue 90s *0 1008. 4Vic.
PEANUTS— Ample stock, fair de
market firm; fancy hand-picked
Virginias, 7c; N. C. peanuts. 6Vic; ex.
Virrtnlas, 6c.
NUTS—Almonds. Terragona, 14Vic;
tvicas 12Vic; walnut.!. French. 12V4e;
Naples, 14Vic: pecans, 10c; Brazil*,
otic- filberts. 11c; assorted nuts, 50-
pound and 25-pound boxes. 12c.
Dried and Evaporated Fruits.
APPLES Evaporated, 7Vic; sun
dried.
APRICOTS— Evaporated, fancy, lie;
choice, 10V4<;.
RAISINS -U L.. 8-crown, tl.tfi; v
crowu. $2 00 . 4-crown clusters. $2.76;
loose musratells, Ic; 1-pound seeded,
1016 c; Imperial cabinets. $2 per box.
PEACHES -Evaporated, peeled. 16c;
Ulipeeled. 614 c.
PEARS- Evaporated, 1014 c.
CITRON A. 8. drum. !414e; fancy
Corslctan. In 10-pound boxes, 14Vic.
CURR A NTS—Hsrrels. Tc.
Ceils*.
Java a
MmNm 23V*a
Pea berry ............................14 •
HIDES. WAX. FURS. SKINS.
Highest Market Prices Paid.
A PURI IPU S, BRfl IH-113-115 Bay Street, West
ni UMLIUn 06 DnUif Wholesale Grocers and Liquor Dealers
THE CHASMAR KING SUPPLY CO^T
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES, SANITA RY PLUMBING OOODS, WROUGHT
IRON PIPE. FITTINGS, etc. All sup plies lor STEAM. WATER and Gab
Sole Agents for the celebrated HU XL KY VALVES.
Wool, Hides, Wax, Raw Furs and Skins,
Write for Prices.
D. KIRKLAND,
415 TO 421 ST. JU LIAN STREET, WEST,
pounds. In both food and body, are
proteine, fats, carbohydrates, mineral
matters and water.
Now, the body may be considered as
a machine, and the food as its fuel,
the energy of which is turned into
heat and power; but thi9 is not all, for
'the nutritive ingredients of food also
build all the organs and tissues of the
body and keep them in repair.
And it is not muscular action only
which consumes material —material
.that must be resupplied through the
agency of food, for it is expended with
the exercise of every thought and
feeling. Therefore, as Prof. Atwater
expresses tt. “The chief uses of food
are to form material of the body and
repair its wastes, and to yield heat
and furnish power.” To find out, then,
the degree in which food answers the
body’s needs, the chemist first reduces
the body into- its component parts,
which are: Water, 60 per cent.: min
eral matter or ash. 5 to 6 per cent.;
proteine, 18 per cent.; fats, 15 per cent.,
and carbohydrates, about 1 per cent.,
the remainder being refuses, and then
he proceeds to ascertain how nearly
the food can establish and maintain
these proportions, and at the same time
supply heat and power.
It is not to be understood that the
food must con fa in these elements in
the same proportions as they are found
in the body; it is sufficient, that its
ingredients are such as to repair the
body’s waste by forming new material
in the proper proportions, and to give
the requisite energy and with the least
tax upon the body in the operation of
appropriating the constituents of the
food to its uses. For, as can be read
ily understood, a food might have a
high tissue building or heat and power
furnishing quotient, and yet be in
digestible -to an extent Ithat would
so tax the body as to greatly impair
the Value of the food. Again, the
food might, its elements considered as
a whole, give a high percentage of nu
tritive value, and yet fail in the es
sential of proportion. For instance, it
might fall short in the production of
heat and power, though an adequate
tissue builder—and seven-eights of the
food consumed, it is estimated by so
high an authority as Dr. S. A. Knapp,
is expended in the production of en
ergy.
Still another thing must be consid
ered in determining the value of food,
and that is whether or no it contains
refuse, and to what extent. As an
example: The hen’s egg contains 11.2
per cent, of refuse (shell), and 65.5
per cent, of water, both non-nutrients,
and beef contains 16.3 per cent, of
refuse (bones, etc.), and 51.7 per cent,
of Water, while rice has no refuse,
and only 12.3 per cent, of water. So
it is to be seen that in estimating the
value of a food the more important
are its energy furnishing constituents,
its digestibility and its degree of free
dom from non-nutrients. In these, rice
Fancy No. 1 12 c
Fancy No. 1 12Hc
Choice No. 2 12 c
Prime No. 2 11 c
Fair No. 5 lOVic
Ordinary No. 6 9Vic
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.
HIDES —Market, firm; dry flint,
17c; dry salted, 15c; green salted, 9Vic;
green, 7Vic.
WOOL —Firm; white prime, 25c;
prime Georgia, free of sand burrs and
black wool, at 23c; burry, 12@16c; wax,
28c; tallow, 4Vic; deer skin, 22c; goat
skins, 25c each.
Hardware and linlldina Supplies.
LIME, CALCIUM PLASTER AND
Cement —Alabama and Georgia lime in
fair demand and sell at 80@85c 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.
LUMfiER Rai'road ties, 27@29c;
hewn ties (7x9xSVS), 38@40c; hewn
ties (6xß), 26x28c; switch ties, $10.50®
11. easy yard stock, $11.00@12.00;
car sills. $13.00@15.00: ship stock, SIB.OO.
Oils.
Perfection Signal Oil 42 o
Pratt's Astral 16 c
Aladdin Security 15 c
Water White 15 c
Standard White 14V*c
D. S. Gasoline 16 c
D. S. Gasoline in drums 14V4c
86 degree gasoline in drums 19V4c
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, $2.15 base; wire, $2.15
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, $?.25; Austin smokeless,,
half kegs. 15.45, quarter. $4.30; thre
pounds, $2.10: one pound, 75c; less 20
per cent, on smokeless.
Cotton BnaKina and Ties.
BAGGING—Market firm; 114 pound
7V4@\c; sea island bagging. 9V4®9l4c’
TlES—Standard 46-inch arrow. 94c
@>sl.oo.
COTTON PICKING SHEETS-22®
25c ea<*h.
TWINE—Per pound, or hank, 14®
15c.
HAMS —Sugar cured, 12@13Uc; pic
nics. V.ic.
D. S. butts
D. S. plates ’’7
Western heavy bellies "gu
Eastern light bellies 8?J
Eastern medium bellies ”814
Eastern heavy bellies ]"*r2
D. 8. C. R. silos ;' B w
Smoked C. R. sides '9
LARD—Pure, In tierces, 814 c; 60-
pound tins and 80-pound tubs, 814 c;
compound. In tierces, 6c; 50-pound
tins and 80-pound tubs, 6V4c.
Miscellaneous.
FlSH—Mackerel, halfbarrels. No
1, 810, No 2. 88.50; No. 3. |l; kits. No
1, 81.40; No. 2. $1.30; No. 3. $1.10; cod
fish, l-pound bricks, 6c; 2-pond bricks,
6V4c; smoked herrings, per bos, I9®2oc*
Dutch her/lngt, in kegs, tl.10; new
mullets, half barrela, $4.
HYHUP—Market quiet; Georgia and
Florida syrup, buying at 22®2Sr; Bell
ing at 2&®274tc; sugar houae, at 16V4®
Ur
WAX—tie,
HIGH W| N EH-Basis. 112$.
lIoMCT-ilitU, atiavosd, in barrela,
tie gallon.
is superior to beef, or wheat bread
(white), for, as the following table
(compiled from Farmers’ Bulletin, No,
142, by W. O. Atwater, Ph. D., Unit
ed States Department of Agricultuie)
will show it contains a greater propor
tion of the fuel ingredients that yield
heat and furnish power:
cc
. • bfi • or!
!? IS 11
3 g * g* iJ £■§
§1 §* si i„s f- 3
ZX Z£ So bX S*
Beef ... 16.3 51.7 15.9 15.8 ....I Tl
••Bread 35.3 9.2 1.3 53.1 1 1
Rice 12,3 8.0 ,3 79.0 .4
•Carbohydrates are transformed into
fats, a more concentrated fuel.
** White.
Wichita Falls, Texas.
Proprietors P. P. P.:
It becomes my duty to add my tes
timonial to the wonderful curative
properties of P. P. P. (Prickly Ash,
Poke Root and Potassium). Some
years ago I bruised my ankle on my
saddle stirrup; from a little scratch
the place began to enlarge until it
was as large as the palm of my hand,
disc harging pus, exposing part of the
bone. I called to see physicians, and
they pronounced it a fever sore, and
incurable. It became so painful, and
swollen so badly that I tried bandage
for relief until I secured a rubber sup
porter; after securing the rubber sup
porter for temporary relief, I began to
use internal remedies, trying several
different kinds without any apparent
relief. I resolved to try P. P. p.,
which I did. After using one bottle
the result was such that I continued
until the sixth bottle was used, when
my rubber supporter was no longer re
quired, as the sore was completely
healed and swelling entirely gone. I
therefore take pleasure in saying to
the public generally that it is my be
lief, from actual experience, that the
use of P. P, P., if properly persisted in,
will cure any case of impure blood or
blood poisoning. Respectfully,
PROF. B. F. HICKEY,
Postmar 'r. Wichita Falls, Texas.
I. the undersigned, knew Prof.
Hickey at the time he commenced to
take P. P. P. for his sore leg, and I
did not think a cure possible. I notic
ed its progress from the start and
must say the remarkable cure P. P. P.
brought about was something marvel
ous. R. TAYMAN,
Druggist, Wichita Falls. Tex.
P. P. P. is a sure cure for rheuma
tism, Syphilis, Scrofula, Blood Poison
ing, Blotches, Pimples and all skin
and blood diseases.
Cancerous sore on the face, years of
skin trouble. Glandular swelling, suf
ferer renders thanks to P. P. P. for its
great cures.
PETITION OF INCORPORATION.
"'"georgiaTchatham countyT—
To the Superior Court of said County;
The petition of A. B. Girardeau and
E. S. Girardeau, both of said county,
respectfully shows:
First. That they and such other
persons as may hereafter become as
sociated with them wish to be incor
porated for a. period of twenty years,
with the privilege of renewal at the
expiration of that time, under the
name of the Johnson's Chill and Fever
Tonic Company.
I Second. That the object of the pro
posed corporation is pecuniary profit
and gain to its stockholders, and the
particular business they propose to
carry on is the manufacture and sale
of the preparation, known as Johnson's
Chill and Fever Tonic, the manufac
ture, purchase and sale of other patent
medicines and proprietary articles, to
own and dispose of patents, copyrights
and trade marks, and to purchase and
sell drugs, chemicals and such other
merchandise as they may find it de
sirable or profitable to handle.
Third. That the capital stock to be
employed by said corporation actually
paid In is the sum of $250,000, divided
into shares of $lO each, and they ask
that the right be given the said cor
poration of increasing said capital
stock from time to time. In any amount
not exceeding $500,000, and of similarly
decreasing same to any amount not
less than the sum first named, such
Increase or decrease of capital stock
to be in the discretion of Its board of
directors.
Fourth. That in addition to the
rights and powers above mentioned,
petitioners ask that said corporation
ashuli have the power to purchase, hold
and convey such real or personal prop
erty as it mav find necessary or con
venient for the purposes and objects
of its business or to secure any in
debtedness to it; to make and issue
promissory notes, bonds or other evi
dences of indebtedness, and to secure
same by deed, mortgage or otherwise,
and generally to have, exercise and
enjoy all the rights, privileges and
powers incident and common to cor
porations under the laws of this state.
Fifth. That the principal office or
place ol doing business of said corpora
tion will be In the county of Chatham
and state of Georgia, but said corpo
ration asks the right to establish
branch offices in this or any other state
as Its bpard of directors may deem
advisable for the transaction of the
business of said corporation.
Wherefore, petitioners pray that they
and their associates be Incorporated
under the corporate name aforesaid,
for the term aforesaid, for the objects
and purposes aforesaid, and with the
privilege* and powers aforesaid.
WIL.SON & ROGERS,
Petitioners' Attorneys.
Original filed in office. Nov. 23, 1904.
JAMES L. MURPHY.
Dep. Clerk, 8. C., C. C„ Ga.
BRENNAN & CO.,
WHOLMALM
Fruit, Produce,
Hay, Grain, Etc.
122 Bay Street, W cs t
Telephone 6A A.