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10 BEARISH BULLETIN RESPONSIBLE FOR ANOTHER DE CLINE IN COTTON PRICES. LOCAL SENTIMENT DIVIDED AS TO JUST HOW LARGE A CROr REPORT FORESHADOWS. Spot Market Opened at Decline nt 1-10 of a Cent and Maintained That Basis to Close Tlionali Tone Went to Nominal, Lower to Sell nt 1 O’clock Call—Light Snlea Indi cate That Buyer* Expect Further Decline. AT THE CLOSE. FUTURES. Liverpool, 1 to S point* lower. New York, 8 to lO points lower. New Orleans, IS to 13 points lower. SPOTS. Liverpool, 3 points lower. New York, lO points lower. New Orleans, 3-ltic. lower. Savannah, 1-ltic. Lower. Another instalment of the Census Bu reau’s report of cotton ginned was made public yesterday and to the bear ish Interpretation given it is due the decline in all branches of the cotton trade that followed. Before the close, however, the futures markets recovered a little from the low levels of the day. Local sentiment is divided as to just what sized crop this report foreshad ows; it is generally conceded that it will be a large one, but opinion differs as to just how large and views range all the way from 11,250,000 to 12,000,000 and over. Savannah’s spot market felt the eas ier tone even at the opening, which was quiet and easy at a decline of 1-16 of a cent from the close of the (fay before. No further decline took place, though at the 1 o’clock call the tone was nominal, lower to sell, and this was maintained at the close. The sales were very light, which interpreted by the customary developments of the market would mean that buyers are not yet satisfied that the urice of the staple will not go lower. The tone, prices and sales for the day follow: I Open- j 1 | Clos- [ Jng. [o'clock.; lng. Good middling .1 9*4 j 9*4 I 9*4 Middling , 9V4 |9% i9% Low middling ..] 8% |B% ] B*4 Sales |_ 85 |_ 200 | 27~ •Quiet and easy. ’‘Nominal, lower to sell. Total sales yesterday, 312. Time, 1 p. m.. day before, 391. The f. o. b. market opened and clos ed quiet at 9*4 cents, basis good mid dling. Business was reported fair at this basis. SPOT COTTON MARKET. The following were the official spot quotations at the close of the market at the Colton Exchange yesterday. | 4:00 I Year Grades. 1 P. M. | Ago. Good middling 1 9*4 511*4 Middling [9% jll Low middling I B*4 |lO% Tone |* | Firm. ‘Nominal, tower to sell. Sales yesterday, 312. Exports— Foreign 6,145 Foreign for season 564,940 Last rear 285,521 Coastwise 5,837 Coastwise for season 215,450 Last year 140,135 Receipts yesterday , 9,173 Last year 9,088 Year before last 6,612 Receipts since Sept. 1 906,162 Receipts same time lost year .. 670,297 Slock yesterday 138,697 Stock last year 145,127 Receipts and Stocks at all Ports— Receipts yesterday 75,285 Same day last year 49,953 Same day year before last 45,875 So far this week 373.413 Last year 375,119 Year before last 302,540 Receipts since Sept. 1, 1904 ....4.222,975 Last year 3,636,988 Stock at all ports yesterday .... 974,767 Stock same day last year 892.291 Sea Receipts Past Week: Upland. Island. C. of Ga 23.659 276 S., F. and W 3,812 748 C. and S 2.145 Southern 4,746 161 S. A. L 8,077 1,088 Savannah river steamers.. 293 Beaufort and other steam ers 17 Carts 22 3 Totals 42,771 2,276 Exports— Great Britain France Continent 37,985 70 Coastwise 9,721 1,427 Interior 6 25 Totals 47,712 1,522 DAILY COTTON MARKET. Port Movement— Savannah—Nominal; middling, 9%c, net receipts, 9,173; gross, 9,173; sales. 391; stock, 138,597. Exports—Continent, 8,145; coastwise, 5,837. Galveston —Quiet; middling, 9 5-16 c; net receipts, 13,052; gross, 13,052; sales, 400; stock, 212,683. Exports—Coastwise, 8,830; Mexico, 1,650. New Orleans—Easy; middling, 9 3- 16c; net receipts. 22,376; groHS, 22,376; sales, 10,300; stock. 356,476. Exports— Great Britain, 6,800; coastwise, 3,207. Mobile —Easy; middling, 916 c; net re ceipts, 2.364; gross, 2,364; sales, 1,200; stork. 53,705. Charleston—Quiet; middling, 9c; net receipts, 2,274; gross, 2,274; stock, 31,972, Bxports—Coastwise. 1,044. Wilmington—Rteaxly; middling, 9Hc; net receipts, 4,474; gross, 4,474; stock. 23,602. Exports—Continent, 9,482. Norfolk —Net receipts, 3,840; gross, 3,840; stock, 26.650. Baltimore—Nominal; middling, 9Hc; net receipts, 758; gross, 4.128; sales, 1,441. Exports—Great Britain. 4,749. New York—Quiet: middling. 9.70 c; •ales, 172; stock. 94,032. Exports— Great Britain. 3,374; continent. 2,909. Boston—Holiday. Philadelphia—Quiet; middling, 9.95 c; gross receipts, 50; stock, 5,236. Brunswick—Net receipts, 14.220; gross. 14,220; stock. 30,401. Exports— Coastwise, 683. Newport News—Net receipts. 657; gross, 667; stock, 252. Exports—Coast wise, 405. Miscellaneous—Net receipts, 1.247; grass, 1,247. Wilmington—Add 2.192 bales to net end gross this week. Total To-day. at All Ports—Net re ceipts, 76.532 Great Britain. 14,923: con tinent. 11,516; Mexico, 1,660; stock, 974,- 767 Oensoitdated, at All Ports—Net re- ill 18 % COTTON. STOCKS. BONDS. GRAIN PROVISIONS AND COFFEE. Direct Private Wires to All Markets. MEMBERS New Orleans Cotton Exchange. New Orleans Future Brokers Ass a. New York Cotton Exchange. New York Coffee Exchange. Chicago Board of Trade. Associate Members Liverpool Cotton Association. Savannah Cotton Exchange. J. M. McCORD, Manager , j 104 Bay. East, Savannah. On. | ceipts. 374.993; Great Britain, 137,977; I France. 15,463: continent, 119,650; Ja i pan, 2,550; Mexico, 2,350. Total Since Sept, 1, at All Ports — Net receipts, 4,222,975; Great Britain, 1,426,680; France. 319,184; continent, 1,- 069,184; Japan, 23,591; Mexico, 10,751. Interior Movement— Houston—Quiet; middling, 9%c; net receipts, 6,114; gross, 6,114; shipments, 9,193; sales, 2,647; stock, 96.249. Augusta—Quiet; middling, 9 3-16 c; net receipts, 1,799; gross, 1,893; ship ments, 1,819; sales, 459; stock, 85,099. Memphis—Quiet; middling, 9*4c; net receipts, 6,026; gross, 9,603; shipments, 9,690; sales, 2.500; stock, 122,540. St. Louis —Quiet; middling, 9%c; sales, 82; stock. 21,636. Cincinnati—Net receipts. 103; gross, 103; shipments, 1,388; stock, 1,569. Louisville—Firm; middling, 9*4e; net receipts, 823; gross, 823; shipments, 16; stock, 65. Total To-day—Net receipts, 14,863; gross, 18,536; shipments, 22,106; sales, 5,688; stock, 327,458. Wecking Interior Cotton Towns—New York, Nov. 25; Albany—Receipts, 832; shipments, 403; stock, 6,543. Athens—Receipts, 3,447; shipments, 3,572; stock, 25,917. Atlanta—Quiet: middling, 9%c; re ceipts, 4,656; shipments, 3,593; stock, 15,- 714. Brenham—Receipts, 9SB; shipments, 525; stock, 3,896. Charlotte—Quiet; middling, 9*4c; re receipts, 874: shipments, 874. Columbia—Receipts, 14,000; shipments, 14,000. Columbus, Ga.—Steady; middling. 9c; receipts, 2,861; shipments, 4,159; sales, 4.159; stock, 15,105. Columbus, Miss. —Dull; middling, B*4c; receipts, 2.577; shipments, 2,800; sales, 2,800; stock, 7,404. Dallas—Receipts, 2,725; shipments. 2,- 681; stock, 5,672. Greenville—Receipts, 3,772; shipments, 3,234: stock, 15.277. Greenwood, S. C.—Receipts, 894; shipments, 208; stock. 4,190. Helena—Receipts, 737; shipments, 4,- 089; stock, 22,024. Little Rock—Steady; middling, B%e; receipts, 11,869; shipments, 8,756; stock, 32.691. Macon—Receipts, 2,403; shipments, 2,- 886; stock, 13,338. Meridian—Receipts, 6,223; shipments, 4.869; stock, 19,903. Montgomery—Easy; middling, B%c; receipts, 7,366; shipments. 7,174; stock, 35,924. Nashville—Quiet; middling, 9%c; re ceipts, 1,166; shipments, 856; sales, 856; stock. 1,082. Natchez—Steady; middling, 9%c; re ceipts, 3,747; shipments, 1,088; sales, 2,- 010; stock, 13.979. Newberry—Receipts, 504; shipments, 604. Raleigh—Receipts, 690; shipments, 724; stock, 1,566. Rome—Receipts, 2,742; shipments, 2,- 491; stock, 6,448. Selma—Receipts, 4,576; shipments, 3,- 635; stock, 20.224. Shreveport—Easy; middling, 9%e; re ceipts, 15,916; shipments, 10,992; sales, 1,799; stock, 37,829. Vicksburg—Receipts, 5,146; shipments, 3,603; stock, 22,119. SEA ISLAND COTTON. The sea island cotton market for the week ending yesterday was quiet and steady. There appears to be a ten dency on the part of interior holders of this staple to ship less freely than was the case earlier in the season. Prices follows; Fancy Floridas 21 @22 Extra choice Florida* 19%@20 Fancy Georgias 20 Extra choice Georgias 19 @19% Choice Georgias 17%@18 Extra fine Ga.’s and Fla.’s. .Nominal. Common Ga.'s and Fla.’s ...Nominal. Receipts, net 2,276 3,120 Receipts, gross 2,276 3,040 Sales 2,413 2,626 Exports 1,522 883 Stocks 8.694 9,376 Receipts season, gross .... 28,143123,100 Receipts season, net 26,423|22,458 Shipments: To Bremen direct 70 75 Liverpool via New York .. 177 Manchester via Boston .. 100 Domestic via Boston 50 201 Domestic via New York .. 1,135 557 Columbus, Ga 25 ... Liverpol via Boston ..I ITT 50 Charleston, S. C., Nov. 25.—Sea is land cotton: Receipts, 493; exports this week, 497, coastwise; sales this week, 513; stocks, 1,981. Firm, good demand; fully fine, 27; extra fine, 28. • GINNERS’ REPORT CAUSED BEA.R RAID. New York, Nov. 25.—The cotton mar ket showed further activity, the fea ture being the active liquidation fol lowing the third Instalment of the ginners’ report and no less active cov ering of shorts at the decline; the mar ket finally showing a moderate net loss for the dav. The opening was weak at a decline of 8011 points In response to lower ca bles than expected, while nearby longs were also discouraged by talk of heavy tenders on December contracts and re ports that a steamer has been char tered to carry two full cargoes of cot ton from New Orleans to New York. Following the call prices worked down to a net loss of about 13 points on continued liquidation and some selling for short account. Liverpool contin ued easy after the local opening, with private cables accounting for the de cline by Increased crop estimates. Toward midday prices worked up to a little over the opening figures. The third Instalment of the ginners’ re port, hqwever, proved more bearish than had been expected and was fol lowed by a burst of liquidation that soon had the market doAvn to a net loss of 14018 points. Big short lines were covered on the decline and dur ing the later trading the market ruled steadier. The close was steady at a net decline of 8010 points. Sales were estimated at bales. • POT COTTON AT 3EW YORK. New York. Nov. 25. —Spot cotton quiet, 10 points decline; middling up lands. 9.70 c; middling gulf. 9.95 c; sales 172 bales. Cotton futures at New York. Nov 25: Options. | Open.l_Hjgh ; jJEfw.| Clow. November | "|~’Tl6 I 9.Ti~! 9.15 December | 9.19 | 9.27 I 9.14 | 9,19 DEMERE £. HAMMOND, Brohers, Phones 1505 Office No. 24 Bryan street, East. COTTON, STOCKS, BONDS, GRAIN AND PROVISIONS Dlreo* I'rliat* Wire* io leading Exchange* LOCAL aAJIIIU TIES A MI'KCIJULTY. SAVANNAH MORNING NEWS: SATURDAY. NOVEMBER 26. 1904. | January ... 9.28 j 9.38 I 9.25 I 9.30 February .. 9.34 b 9.35 I 9.35 ! 9.35 March 9.42 9.50 ! 9.36 , 9.43 I April 9.46 b 9.49 j May 9.56 9.61 | 9.48 j 9.54 I June 9.53 | 9.53 I 9.53 ! 9.54 I July 9.57 ! 9.66 9.53 t 9.59 August 9.37h[ I 1 Futures opened weak; closed steady. SPOTS AND FUTURES SHOW BIG DECLINE. New Orleans. Nov. 25.—Cotton fu tures easy. November. 9.00 c bid: De cember. 9.03419.040; January, 9.1349 9.14 c; February. 9.22 c; March, 9.3149 9.32 c; April, 9.35@9.40c; May. 9.45® 9.46 c. Spot active, but easier, influenced by Liverpool. New York and the decline In futures. Sales 10.300 bales, includ ing 6.500 to arrive, and 300 f. o. b. Quotations, 3-16 c lower. Futures opened 12 to 15 points down, the decline, here being greater than in any other market. The weakness is generally attributed to the census bu reau ginners reports. While many traders do not attach much Importance to these reports, prices continue to move downward. The market was very active, and the fluctuations numerous. December opened 11 points lower than Wednes day’s closing, at 9.07 c, sold up to 9.12 c declined to 8.95 c. and fln'ally recovered to 9.03 c. The closing was fairly steady: the list showing net losses of 13 to 15 points. LIVERPOOL COTTON MARKET. Liverpool, Nov. 25.—Spot cotton mod erate business done, prices 5 points low er. American middling, 5.40d; good middling, 5.18d; middling, 5.08d; low middling, 4.96d; good ordinary, 4.82d: ordinary, 4.66d. The sales of the (fay were 7,000 bales of which 300 were for speculation and export, and included 6,200 American. Receipts 8,000 bales, including 7,100 American. Futures opened quiet and closed steady. Amer ican middling g. o. e.: November, 5.00d; November-Deeember, 4.98d; De cember-January, 4.99d; January-Feb ruary, 5.03d; February-March, 5.05d; March-April, 5.07d; April-May, 5.09d; May-June, s.lid: June-July, 5.12d; July-August, 5.13d. DEMERE A HAMMOND'S Dally Cotton Letter from Nev* York. New York, Nov. 25.—Liverpool acted quite decently yesterday during our holiday, advancing 1 to 2 points and finally closing only 1 under Wednes day. This morning, however, further weakness developed, probably result of announcement that another instalment would be issued, and there was a sharp decline, which at one time carried prices 6 to 7 points under Wednesday. Little recovery took place, owing, it is said, to buying by the big short in terest in that market; in fact, it is the general belief that the leading short interest had been liquidated on the de cline of the past few days, and it would not be surprising to find the same element ready to help market upward, if for no other reason than to furnish a higher basis for fresh sales. The bulletin issued to-day shows that 8.608,700 bales of 500 pounds had been ginned in 681 counties up to Nov. 14. Compared with last year that the increase is 42.4 per cent, and foreshad ows a total ginned on that date of ap proximately 9,750,000 bales. The fig ures themselves are bearish enough, but the quick rally from decline shows that the long interest must be pretty well liquidated, and perhaps also may be said to be a confirmation of the general idea that the big shorts are out and have no interest in hammering prices further. The Southern spot markets are being watched very close ly for signs of weakening on part of •holders, but our telegrams to-day fail ed to mention any very heavy offer ings, while advices of Wednesday show that spinners are willing buyers at the present level. Of course, while things are going their way it is only natural for them to act slowly, but we be lieve that the first sign of returning strength there will be heavy buying by mills both North and South. Dur ing the last few minutes a raid was made on the market, which carried prices down 5 or 6 points, leaving the dose about 9 points under Wednesday. On this basis Liverpool is due to come 2 to 3 lower to-morrow. A late wire from our Washington office informs us that the census department will not issue the next and final condition un til the 29th or 30th of the month. WAItE A LKLAKD . Say Those Who Cnnaed Break Are Still On Short Side. New York. Nov. 25.—1n addition to the 30 points lost on the market last week, a decline of about 40 more points has taken place, bringing the level down to %c from the high level of the month. With the liberal crop move ment, absence of general speculation and a bearish sentiment prevailing in professional circles where most of the trading has been done. It has not been hard to undermine the market, to start liquidation, keep out long and bring about freer offerings of actual stuff In the South. Trading has increased on the decline, as futures in the New' York market again reached a level where contract could be more profit ably purchased than could spot cot ton, about 10 points. Many of the larger Interests have been very ag gressive on the side of lower prices, and notwithstanding the extensive de cline that has taken place, those who have been Instrumental in bringing about the break are still on the same side of the market. They have proved themselves right thus far, having based their operations on a crop In excess of 11,500,000 or 12,000,000 bales. Those who have felt friendly to the market under 964 c have been wrong. This does not mean that the size of the crop is known or that prices from the basis of 954 c and 954 c are going to move on down to 854 c. There is a general feeling that we have a large crop. It remains to be seen whether this large crop is, as conservative peo ple believe, a bountiful one, but not in excess of requirements, or whether It Is another case of overproduction such as took place in 1897 and 1898. WEEKLY COTTON MARKET. New York. Nov. 25.—The following statistics on the movement of cotton for the week ending Nov. 25, were com plied bv the New York Cotton Ex change. This Last Weekly Movement— year. -year. Port receipts .. 369,880 376,940 Overland to mills and Canada .. . 44,892 33,219 Southern mill takings (estimated) 66,000 55,000 Gain of stock at Inte rior towns 35,308 44,081 Brought Into sight for the week , 506,080 602,240 Total Crop Movement- Port receipts 4,219,816 3,638,331 Overland to mills and Canada .. 266,644 191,099 Rout hern mill takings (estimated) 621,000 623.000 Stock at interior towns in excess of Sept. 1.. 577,844 426,184 Brought Into sight thus far for 5ea50n.5.584,304 4.778.614 Receipts Ports This Season —The fol lowing table shows the receipts at all United States ports since Sept. 1, 1904, and for same time last year: Since Sept. 1. | 1904. ( .903. Galveston L320[034i1,291,06* New Orleans 941.317' 822,881 Mobile 140,054 117,440 Savannah 903,892 663,912 Charleston 138.795, 116.681 Wilmington 221,670 233.097 Norfolk 319.925 236.706 Baltimore 6.188: 2,810 New York 4.850 14,947 Boston 8.699 3,462 Philadelphia 1.8611 2.115 Pensacola 50,315 j 46,682 Portland, Ore 3,482 Brunswick 84,316 40,321 Newport News 757: 146 Port Arthur 41,687 13,265 Sabine Pass 6,611 San Franeisco 17,933 4,483 Port Townsend 4,908 5,556 Fernandina Eagle Pass 550 4,143 Corpus Christ! j Lavedo 2,057 4,440 El Paso ! 1,138 4uo Minor points | 7,463 Total ~T.j4.~ 221,891|3,637,172 Receipts Ports Past Week —The fol lowing table shows receipts at all U. S. ports for the past week and the cor responding week last year: Week Ending Nov, 25 1904. 1903. Galveston ’ 977881 150,075 New Orleans 112,241 108,504 Mobile 13,511 8,079 Savannah 45,047 43,221 Charleston 5,654 4,687 Wilmington 20,755 12,912 Norfolk 31,545 25,025 Baltimore 753 New York 656 2,606 Boston 3,047 699 Philadelphia 137 237 Pensacola 4,439 9,608 Brunswick 14,220 Newport News 657 96 Port Arthur 20,320 8,200 San P'rancisco 2,550 526 Port Townsend 644 "Total 77.777 T~7.. ,7 373,413 375,119 Comparative Cotton Statement — NeW York, Nov. 25.—For the week ending Nov. 25; Net receipts at all U. S. ports same week last year 374,993 Net receipts at all U. S. ports same week last year 375,119 Total receipts since Sept. 1 4,222,975 Total receipts to same date last year 3,636,988 Exports for the week 277,990 Exports for same week last year 263,618 Total exports since Sept. 1 2,849,390 Total exports same date last year 2,473,891 Stock at all United States ports 974,767 Stock at all United States ports same time last year 892,291 Stock at all interior towns 676,102 Stock at all interior towns same time last year 463,942 Stock at Liverpol same time last year 308,000 Stock of Am. afloat for Great Britain same time last year.. 352,000 Stock of cotton at all ports Nov. 15, 1904, and on the same day of the week last year: Ports. 1904. 1903. New Orleans 356.476 270,852 Mobile 53,705 47,012 Oaiveston 212,683 292,035 Savannah 138,597 145,127 Charleston 31,792 10,078 Wilmington 23,602 15,474 Norfolk 26,550 23,813 New York 94,032 60,997 Other ports 37,330 26.903 Total 1,,... 974,767 892,291 WORLD’S VISIBLE SUPPLY* New Orleans, Nov. 25.—Secretary Hester’s statement of the world’s visible supply of cotton issued to day shows the total visible to be 3,874,078, against 3,658,182 last week, and 3,342,996 last year. Of this the total of American cotton is 3,326,- 078, against 3,129,182 last week, and 2,847,996 last year, and of all other kinds, including Egypt, Brazil, In dia, etc., 548,000, against 529,000 last week, and 495,000 last year. Of the world’s visible supply v of cotton there Is now afloat and held in Great Britain and Continental Eu rope 1,892,000, against, 1,687,000 last year; in Egypt, 149,000, against 150,- 000 last year; In India, 187,000, against 130,000 last year; and in the United States, 1,646,000, against 1,- 376,000 last year. HESTER’S WEEKLY STATEMENT. New Orleans, Nov. 25.—Secretary Hester’s weekly cotton statement Is sued to-day shows for the 25 days of November, a decrease under last year of CO.OOO. and an Increase over yie same period year before last of 336,- 000. For the 86 days of the season that have elapsed the aggregate is ahead of the same 86 days of last year 990,000, and ahead of the same days year be fore last 876.000. The amount brought Into sight dur ing the past week has been 511,616 bales, against 540,893 for the same sev en days of last year, and 409,012 year before last. The movement since Sept. 1 shows receipts at all United States ports to be 4,222.975, against 3,548,859 last year. Overland across the Mississippi, Ohio and Potomac rivers to Northern mills and Canada 270,750, against 188,711 last year: Interior stocks in excess of those held at., the close, of the commercial year, 594,298, against 428,872 last year; Southern mill takings 623,000, against 554,712 last year. The total movement since Sept. 1 Is 5,711.023, against 4,721,154 last year. Foreign exports for the week have been 278,725, against 324,872 last year, making the total thus far for the sea son 2,881,262, against 2,440,444 last year. The total takings of American mills. North, South and Canada, thus far for the season, have been 1,363,921, against 1,113,918 last year. Stocks at the seaboard and the 29 leading Southern centers have In creased during the week 78.929 bales, against nn Increase during the corre sponding period last season of 59,353. Including stocks left over at ports and interior towns from the last crop and the number of bales brought Into sight thus far from the new crap, the supply to date Is 6,872.990 bales, against 4,888,953 for the same period last year. ANOTHER INSTALMENT OF GINNERS’ REPORT. Washington, Nov. 26.—The census bureau to-day issued a preliminary re port on the quantity of cotton ginned to Nov. 14, 1904, In 681 counties, from which reports have been received to this date. It shows 28,517 active gin neries agAlnst 26.710 for the same pe riod In the same counties In 1904, of 8,921.125 running bales against 6,414,(58 In 1903. The last named figure* Include 224,- 726 round bales for 1904, and 470,620 for 1903. The entire number of counties from which ginning was reported last season was 812. Whin all of the agents shall have reported for the present crop there will be published h sum mary distributing by states, the total quantity ginned during ths season prior to Nov. 14. Ths snttrs number of active glnner- SPIRITS NOW FIRM DOWNWARD COURSE OF MARKET CHECKED AT 48 1-2 CENTS. NO DECLINE AFTER CLOSE MAY MEAI THAT TOBOGGAN IS OVER FOK TIME BEING. Drop In Savatinnh Market Refleeted in Both NeXT lark and London— Hosins Continue Firm at Practi cally L'nclinuged (Imitations— Ad - vanecn on Pales Paid in After noon Trade—F Sold at Inside Price. The turpentine market checked its downward course yesterday at 48% cents where, at the close of the mar ket it, was quoted firm. As no sales were made under that figure in the late trade, it looks as though spirits had checked its downward course for the time, being, at any rate. The market opened steady at 48*4c, when the sales reported amounted to 150 casks; at the close the sales were 247. The receipts were 656 casks, and the shipments, 185. The effect of the drop in the local market was reflected in New York, where the stuff was quoted dull at 53 cents, and in London where the official price is now 37—6. The rosin market continues firm on the very excellent basis of prices that have been paid for some weeks. The opening was firm at unchanged prices from the previous close, except that F was quoted at split prices, the out side an advance of 2% cents, and the close was firm and unchanged. Sales for the day, posted at the opening of the market were 2,634 barrels. In the late trade offerings generally were taken care of by buyers at an ad vance ot 5 cents on X and above, and quotations for the remainder, the in side price being paid for F. Some sales were reported where the advance was on M and above. The receipts were 2.284 barrels, and the shipments, 500. The New York market was quoted firm 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 656 2.284 Receipts previously 149,717 443,065 Total 156,868 489,899 Exports yesterday 185 500 Exports previously 124,231 435,931. Total 124,416 436,431 Stock yesterday 32,452 53,468 Stock previously 10,663 67,950 I Tester- Day Be- Last | day. fore. Year. Tone, | j Steady. [ Firm- Spirits | 48*41 49*4| 56 Sales. | 397 | 2,586 [ 109 ” Rosin ,| Firm. | Firm. | Firm. W. W. 5710 5.10 3750 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% 2.35 F 2.67%@2.70j 2.67% 2.25 E 2.62%j 2.62% 2.15 D. .. . 2.62%| 2.62% 2.10 C B A. 2.60 J Sales. 2.634 | 2,251 ~ 510 WEEKLY NAVAL STOKES MOVE MENT. Spirits. 1904-1903. Stock April 1 6.495 1,241 Receipts past week 3,743 3,333 Receipts previously 146,630 162,872 Total 156,868 167,446 Exports— Foreign 51,876 79,896 New York 36,351 26,546 Coastwise and interior .. 36,189 50,341 Total 124,416 156,743 Stock 32,452 10,663 Rosins. 1904-1903. Stock April 1 44,550 145,882 Receipts past week 12,578 12,557 Receipts previously 432,771 411,171 Total 489,899 569,610 Exports— Foreign 122,789 196,290 New York 85,443 61,276 Coastwise and interi0r...228,199 244,094 Total 436,431 501.660 Stock 53,468 67,930 IN OTHER MARKETS. New York, Nov. 25.—Rosin, steady. Turpentine, steady: 5264053 c. Charleston, S. C.. Nov. 25.—Turpen tine and rosin, nothing doing. Wilmington, N. C., Nov. 25.—Turpen tine. firm. 48%c; receipts 53 casks. Rosin, firm. *2.50; receipts 354. Tar, firm, $1.70: receipts 104. Crude turpentine, firm. 32.30, *3.80 and *3.80; receipts. 111. New Orleans, Nov. 25.—Receipts: Rosin, 499 barrels; turpentine, 108 casks. LU M BERM ARK ET. 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 462.624 Week 1.197,466 1.206.247 Month 6,249,109 4.830.224 Since July 1 81,726,345 30.915,479 Where Shipped— Foreign 2,191,090 1,819.361 Baltimore 8,312.620 4.309,882 Philadelphia 4,070.474 5.214.118 New York 16.325,661 8,560.971 Boston 571,782 1.167.206 Other ports 253,410 9,843,945 les reported prior to Nov. 14, 1903, was 29,606, and the entire cotton ginned was 7.070,437 running bales. By states the report* for the 681 counties so far reported for the present season prior to Nov. 14, follow; Alabama. 56 counties, 3.316 active gin neries. 923.979 running bnles; Arkan sas, 66 counties. 2.266 ginneries, 521.792 bales; Florida, 15 counties, 214 ginner ies, 41,612 bales; Georgia, 119 counties, 4,571 ginneries, 1,433,907 bales; Indian Territory, 15 counties, 320 ginneries, 207,465 bales; Kentucky, I county, I ginneries, 160 bales; Louisian*. 39 coun ties. 1.660 ginneries. 406.974 bales; Mis sissippi, 61 counties. 1.733 ginneries, 973,Ml bales, Missouri, 7 counties, 66 HIDES. WAX. FURS. SKINS. Highest Market Prices Paid. A. EHRLICH & BR0„ Wholesale Grocers and Liquor Dealers thTchasmar king supply cckT 126-130 Bay Street, West JOBBERS. n.vrn room fixtures, sanitary plumbing goods, wrought IRON PIPE. FITTINGS, etc. All supplies for STEAM, WATER and GAS. Sol- Agents for the cetebrated HUXL EY VALVES. Wool, Hides, Wax, Raw Furs and Skins, Write for Prices. D. KIRKLAND, ginneries, 26,985 bales: North Carolina, 63 counties, 2,787 ginneries, 508,782 bales; Oklahoma, 15 counties, 247 ginneries, 190,789 bales; South Carolina, 39 coun ties, 3,144 ginneries, 921,876 bales; Ten nessee, 34 counties. 650 ginneries, 184,- 063 bales; Texas, 138 counties, 3,856 gin -2,478,561 bales; and Virginia, 6 counties, 83 ginneries, 8,649 bales. FORMER PRESIDENT LIVERPOOL EXCHANGE In Savannah After a Tour of Cotton Belt. Mr. H. Kern of Liverpool, England, was a visitor at the Cotton Exchange yesterday. He is ex-president of the Liverpool Cotton Exchange and mem ber of the firm of De Jersey & Cos., Liverpool, London and Manchester, England. The houses of the Messrs. Knoop, Frerichs & Cos., New Orleans, New York, Savannah, Memphis, Fort Worth, Galveston and Mobile are agencies in America. Mr. Kern's appearance on the floor of the Exchange was an interesting event. Mr. Kern has just returned from a tour of the cotton belt, and is a believer in a large cotton crop, as well as lower prices, chiefly because he maintains the consumption of cotton fixed at 11,000,000 by Ellison is an ex cessive estimate, unless very much lower prices stimulates consumption. Mr. Kern will remain In Savannah several days, and after a brief stay in New York will return to Liverpool. GENERAL MARKETS. New York, Nov. 25.—Flour, quiet and nominally higher. Rye flour, firm. Buckwheat flour, dull. Corn meal, steady. Rye, nominal. Wheat, spot, firm; No. 2 red, $1.02%. There was a strong advance in wheat to-day and the market ruled firm all day, closing %@l%c net higher. May, $1.12%; July, $1.03*4; December, $1.17%. Corn, spot, barely steady; No. 2, 55%c. Options were quiet and feature less, closing %c net higher, with wheat. May, 51%c; December, 58%c. Oats, spot, dull; mixed oats, 26@32 pounds, 34%@35%c; options, nominal. Beef, steadv. Cut meats, steady. Lard, steady; Western steamed, $7.50; November closed $7.50, nominal; refined, firm; continent, $7.70. Pork, firm. Tallow, firm. Rice, firm. Coffee, spot Rio, steady. No. 7 in voice, B%c; mild, steady. SAVANNAH'S CU Note—These quotations are revised dally 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 asa. POULTRY—Market, good demand: springers, 30040 c per pair; three-quar ters grown, 50060 c; hens, 75085 c. EGGS—Country, 25c; Tennessee, 28c. BUTTER—The tone of the market is firm. Quotations: Extra Elgin, 60 tubs. 250 26c; choice Elgins, 23@24c: New York state, 21c; renovated butter, 60-pound tubs, 22V6@23c. CHEESE —Market, Arm: fancy full cream cheese. 22@25-pound, 12%@12!4c; 20 to 35-pound. 12012V&C. WHITE PEA BEANS—32.4O bushel. POTATOES—32.OO. ONIONS—In sacks. 32.50. SPANISH ONIONS—Per crate, 31.50. CABBAGES—3I.SO crate. TURNIPS —Per sack. 31.50. Breadstuff*, Hay n <l Grain. FLOUR—Patent, 36.50; straight, 36.25; fancy, 30.00; family, 35.60; spring, wheat, best patent, 37.50. MEAL—Pearl, per barrel, 33.40; per sack 31.45; water ground, 31-65; Pearl grits, per sack, 31.65; Pearl grits, per barrel. 33.60; city meal. 31-60. Grain Markets. QUANTITIES— Jobs. Cars. No. 2 white corn <6 74 Mixed corn 78 13 OATS— .. No. 2 mixed No. 2 white clipped 51 49 wheat bran 31.60 31-35 Cracked corn l-5o l- 8 HAY— _ 7K No. 1 timothy 9® 78 No. 2 timothy 80 85 Sugar. Cut loaf ; Powdered .. SoJ Fine granulated Confectioners A ?•'' W £icE-M?rk C et- dull fancy head. prime :. B *®*: * ©** Common Fruits and Nuts. ipplES—33.oo to 33.50 barrel. BAN AN AS —$1.7502.00. GHAPES-Malaga. *4.6005.50; Ja " FLORIDAOR ANGEB-32.7608.00. PRUNES —20s to 30s. *l3; 80s to 60s. me 4os to 50s, 8c; 50s to 60s, 7tic; 60s to 70s 6%c; 70s to 80s, 6c; 80s to 90s, 90s to 100s. 4tic. PEANUTS— Ample stock, fair de mand- market Arm; fancy hand-picked Virginia*. 7 <R N. C. peanuta, (tie; ex. Virginias* NUTS—Almonds. Terragona, 14tic: tvicas. 12tie; walnuU French, 12tic; Naples, 16tic; pecans. 10c; Brazil*. ■l4c- Alberts. 11c; assorted nuts, 50- nound and 25-poiind boxes. 12c. pried and ISvapornted Fruits. APPL.ES Evaporated, 7tic; sun dried. 5 tic. APRICOTS— Evaporatsd, fancy, Uc; choice. 10*4c. RAISINS—E. U. 2-crown. 11.85; 3- crown. 32.00 ; 4-crown cluster*. *3.75; loose mueratelts. Ic; 1-pound seeded. lOttc Imperial cabinets. 33 per box. PBACHES—Evaporatsd. peeled. l(c; unperlej, s tic. PEARS- Evaporated. 10%c. CITRON A. S. drum. 14t4; fancy Corslet an. In 10-pound boxes. 16 tic. CURRANTS— Rsrrfls. It. (•flee. Java Mucha >,!•• #*•>#*••••••*• ••Httt Peaberry The market for coffee futures opened steady at a decline of s@lo points and was steady at the close, net unchanged to 5 points lower. Sales, 147,000 bags. Sugar, raw, firm; fair refining, 4%c; centrifugal 96 test, 4*4c; molasses sug ar, 4c; refined, nominal. Potatoes, steady; Long Island, $1.75 @2.00; state and Western,, $!.40@L60; Jersey sweets, $2.00@3.50. Peanuts, steady. • Cabbages, firm; per barrel, 50@75c. Cotton by steam to Liverpool, 10 @ 15c. Butter, strong; renovated, oommon to extra, 13@19%c; Western imitation creamery, common to choice, 15%@20c. Cheese, firm; state full cream, small September colored and white, fancy, 22*4c. Eggs, strong, unchanged. CHICAGO MARKETS. Chicago, Nov. 25.—Excessive rains In Argentina delaying harvest caused a cent advance in wheat here to-day. Continued lack of moisture in the Southwest added to bullish sentiment. At the close December wheat was up %<B> lc and Mav l%c. Corn shows a gain of %c. Oats are %@%c higher, and provisions 7%(@12%c higher. The leading futures ranged as fol lows Opening. Highest. Lowest Closing. Wheat. No. 2 Dec. $ 1 09% $ 1 10% $ 1 09% $ 1 09% May . 1 10% 1 11 1 09% 1 10% July . 99% 99% 99 99% Corn No. i. — Dec. . 50% 50% 49% 49% May . 46% 46*4 *5% 46 July . 46*4 46% 46 46 Oats, No. 2 Nov .... 30% Dec.. 29% 29% 29% 29% May . 30% 30% 30% 30% July .. 31% 31% 31% 31% Mess Pork, per barrel— Jan. .12 65 12 82% 12 65 12 82% May 12 77% 12 97% 12 77% 12 97% Lard, per 100 pounds— Jan. 7 00 7 10 7 00 7 10 May 7 17% 7 25 7 17% 7 25 Short Ribs, per 100 pounds— Jan. 6 50 6 62% 6 5 0 6 62% May 6 70 6 77% 6 67% 6 75 Cash quotations were as follows: Flour quiet and steady; No. 2 spring wheat, $1.09@1.13; No. 3, $1.02@1.10; No. 2 red. $1.12%@1.13*4; No. 2 corn, 52t; No. 2 yellow, 57%c; No. 2 oats, 31%@ 32%c; No. 2 white, 32@33*4c; No. 3 white, 30%@32%c; No. 2 rye, 78c; good feeding bariey, 38@38%c; fair to choice malting, 42@52c; No. 1 flaxseed. $1.11%; No. 1 Northwestern, $1.19; prime tim othy seed, $2.70; mess pork, per barrel, $11.40@11.45; lard, per 100 pounds, $7.02 @7.05; short ribs sides (loose), $6.62%@ 6.75; short clear sides (boxed), $6.75@ 6.87%; whisky, basis of high wines, $1.24; clover, contract grade, $12.26. Receipts—Wheat. 60.000 bushels: corn, 387,200 bushels; oats, 136,800 bushels. RRENT MARKETS Fancy No. 1 12 c Fancy No. 1 12tic Choice No. 2 12 c Prime No. 2 11 c Fair No. 5 10tic Ordinary No. 6 9tic Common No. 7 9 c SALT —Car lots. 100 pounds burlap sacks, 36c; 100-pound cotton sacks, 38c; 125-pound burlap sacks, 45c; 125-pound cotton sacks, 47c; 150-pound burlap sacks. 54c. HlDES—Market. Arm; dry Alnt, 17c; dry salted, 16c; green salted, 9tic; green, 7t4c. WOOLr-Firm: white prime, 25c: prime Georgia, free of sand burrs and black wool, at 23c; burry. 12@16c; wax, 28c; tallow, 4tic; deer skin, 22c; goat skins, 25c each. Hardware and Building Supplies. LIME. CALCIUM PLASTER AND Cement—Alabama and Georgia lime in fair demand and sell at 80@85c a bar rel; special Calcined plaster, 31.5001.60 per barrel; hair, 405 c; cement, 31.100 I. carload lots, special. Portland ce ment, retail, *2.0002.25; carload lots, special. LUMBER Ral'road ties, 27029 c; hewn ties (7x9xßti), *B@4oc; hewn ties (6xß), 26x28c; switch ties, *10.500 11. easy yard stock, *11.00012.00; car sills. *13.00016.00: ship stock, *IB.OO. Oils. Perfection Signal Oil 43 c Pratt’s Astral n c Aladdin Security 15 o Water White 15 c Standard White 14Ho D. S. Gasoline 16 c D. S. Gasoline In drums 14Vio 86 degree gasoline in drums 19%c Linseed oil, raw, 1 barrel lots ....45 c Boiled linseed, 1 barrel lots 47 o Five barrel lots special. SHOT—Drop. *1.65; B. B. and large, 31.90; chilled, 31.90. IRON—Market Arm; refined, $1.90; Swsr6< 4c* base. BARBED WIRE 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, 38.45. quarter. 34.30; three pounds, *2.10; one pound, 75c; less 20 per cent, on smokeless. Cotton Bagging and Tleo. BAGGING—Market firm; 1% pound. TH@64c; sea Island bagging. 9140964 c. TlES—Standard 45-lnch arrow. 940 o*l.oo. COTTON PICKING SHEETS— *2® 25c each. TWINE—Per pound, or hank. 140 16c. HAMS—Sugar cured. 1201114a; pic nics. 814 c. D. S. butts 5% D. S. plates .....7 Western heavy bellies 814 Eastern light bellies 8% Eastern medium bellies 864 Eastern heavy bellies D. S. C. R. sides 814 Smoked C. R. sides 9 LARD—Pure, In tierces, 864 c; 60- pound tins and 80-pound tubs, 864 c; compound. In tierces, 6c; 60-pound tins and 80-pound tubs, 614 c. Mlscellaneeas. FlSH—Mackerel, halfbarrels. No. 1, *10; No 2. *8.60; No. fc 88: klta. No. 1, 11.40; No. 2, *l3O. No. 8. 11.10; OOd- Ash, 1-pound bricks. *c; 1-pend bricks, 114 c; smoked herrings, per box, 19020 c; Dutch herrings. In kega, 11.10; new mullets, half barrels, *4. SYRUP—Market quiet; Oeorgia and Florida syrup, buying at 22023 c; sell ing at 1602714 c; sugar house, at 1(140