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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.