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10
SPOTS HELD STEADY
LOCAI MARKET M MNTAINED IS.
CHANGED PRICES ALL DAY.
F. 0. B. SHOWED ADVANCE
AND LARGE BUSINESS WAS DON'L?
AT THE HIGHER FIGURES.
War* of Declining Price* Seemed lo
Have Spent Itself for Time Reins.
New York Futures Closed Shon
luk Slight Gains—Neiv Orleans
Closed With Small Net Tosses.
Government Report to Settle Mat
ters To-day.
AT THE CLOSE.
FUTURES.
Liverpool. 2 to 4 points lower.
New York. 2 to (i points hitcher.
New Orleans, 1 to a points lower.
SPOTS.
Liverpool. 2 points lower.
New York, unchanged.
New Orleans, l-10e lower.
Savannah, unchanged.
The wave of declining prices that
recently struck the cotton market
seemed to have spent its force by yes
terday. for on better cables from
abroad that were expected, the New
York market opened at a gain, and
•though this was not maintained, yet
after each slump a rally came, so that
the closing was at slight gains. At
New Orleans the close was at a loss,
but a very small one. With the pub
lication of the Department of Agricul
ture estimate of the crop shortly be
fore noon to-day the uncertainty in
the trade will come to an end and aft
er the initial decline or advance, as
may be the case, anew basis of prices
will probably be established from
•which violent variations are improb
able for the remainder of the season.
The Savannah spot market, except
for an improvement in the tone, was
unchanged during the entire day from
the close of the previous day. The
tone was steady. Sales were rather
light, amounting to 821 bales.
The tone, prices and sales for the day
follow:
| Open- 1 , | Clos-
| lng. o’ciocli, lng,
ii • r
Good middling .18% 8% 8%
Middling j 8% 8% 8%
Low middling ..j 8 8 8
Sales | 518 200 ~ IQ3
•Steady.
Total sales yesterday, 821.
Time, 1 p. m., day before, 828.
The f. o. b. market opened steady at
a substantial gain on the closing quo
tation of the day before, 8 11-16 cents,
basis good middling, Ind closed steady
and unchanged. Avery satisfactory
volume of business was reported as be
ing done on the market basis.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at_the_Cotton Exchange yesterday.
| 4.00 I Year
Grades. j-P. M. | Ago.
Good middling ........ B%’ 12 5-J
Middling 8% 12 1-16
Low mlddling 8 jn g-i 6
Tone Firm7
Sales yesterday, 821.
Exports—
Foreign .. 0
Foreign for season 620 247
Last year 454!r>89
Cc'aatwise 3,537
Coastwise for season 232,187
Last year 153,495
Receipts yesterday 10 007
Last year 7, 5 31
Year before last 7,279
Receipts since Sept. 1 9751402
Receipts same time last year.. 717,984
Stock yesterday 135,793
Stock last year 112,645
Receipts and Stocks at all Ports—
Receipts yesterday 65,635
Same day last year 53^821
Same day year before last 46,317
So far this week 375,079
La** year 369,644
Year before last 323 391
Receipts since Sept. 1, 1904 ....4,611,48
Last year 4,006,155
Stock at all ports yesterday ... 985,397
Stock same day last y*ar .... 853,976
Receipts Past Week: Upland. Island.
Sea.
£• Ga 38,324 577
S., F. and W 6,646 1,269
C. and S 3,701
Southern 7,097 208
s - A. b 9,320 1,410
Savannah river steamers.. 462
Beaufort and other steam
*rß 35
Carts 11
Totals 65,596 3,464
Exports—
Great Bril'aln 25 397
Franca
Continent 29,910
Coastwise 14,408 1,961
Interior 268 100
Totals .. 69,983 2,061
DAII.Y COTTOK MARKET.
Port Movement—
Savannah—Steady; middling, 844 c;
"°*' receipts, 9.957; gross. 10,007; sales’,
828; stock, 135,793. Exports.—Coastwise
2,537.
Galveston—Quiet; middling, 8 9-16c
19‘ 940 CelPl *’ 13,678 ’ S ross - 13.578; stock,
New Orleans—Easy; middling, B%c:
net receipts, 18,395; gross, 18,395; sales'
I.J0O; stock. 390,913. Exports.—Coast
wise, 154.
Mobile—Quiet; middling, 9 5-16 - net
receipts, 898; gross, 898; sales. 300
stock, 67,192.
Charleston—Quiet; middling. BV4c
not receipts. 2,407; gross, 2,407; sales',
100; stock, 34,800. Exports.—Coastwise
803.
Wilmington—Nominal; net receipts
1.742: gross. 1,742; stock, 12,450. Ex
ports.—Great Britain, 21.928.
Norfolk—Net receipts, 3,076; gross. *.-
076; stock, 32,440.
Baltimore—Nominal; middling, B%e;
net receipts, 2,500; gross, 3,726; stock',
6,411,
New York—Quiet; middling, 9c; gross
receipts, 7,979; sales, 4.100; stork. 90,851.
Exports.—Great Britain. 71; France.
600; continent, 5,787.
Boston—Quiet; middling, 9c; net re
ceipts, 419; gross, 620. Exports,—
Great Britain. 2,789.
Philadelphia--Steady; middling. 9.25 c;
et receipts. 318; gross. 1.847; stock. 4,-
Nswport News—Net receipts. 292;
gross, 293, stork. 392. Ex ports. —Coast •
wise, 162,
Brunswick—Met receipts, 10,180;
gross, 10,120, stock, 11,748. Exports,—
Coast wise, 1.643.
Jacksonvttls—Add 8.106 bales to net
•flU”* HiM. 1.
2,312 to total n<*t ihta k
*" <'**! keg! 1.,
Ts'sl to-day. at.all ports Mat re
- estpla, 82AM, Great Britain, 24,742,
ill. ffl l CO.
COTTON. STOCKS. BONDS, GRAIN
PROVISIONS AND COFFEE.
Direct Private Wires to All Markets.
MEMBERS
-Vew Orleans Cotton Exchange.
New Orleans Future Brokers Assn.
New York Cotton Exchange.
New York Coffee Exchange.
Chicago Board of Trade.
Associate Members Liverpool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD, Manager,
104 Bay. East, Savannah. Ga.
France, 500; continent, 5,787; stock.
085.397.
Consolidated, at all ports—Net re
ceipts, 377,712; Great Britain, 152,368;
France, 35,025; continent, 13,153; Japan,
10,821.
Total since Sept. 1, at all ports—Net
receipts. 4.611,467; Great Britain. 1,-
579,048; France. 354,209; continent, 1,-
200,715; Japan, 34.412; Mexico, 10,716.
Interior Movement—
Houston—Quiet; middling, B%e; net
receipts, 11,208; gross, 11,208; shipments,
14,425; sales, 3,463; stock, 102,759.
Augusta—Steady; middling, B%c; net
receipts, 1,752; gross, 1,753; shipments,
1,308; sales, 624; stock, 91,205.
Memphis—Quiet; middling, B%c; net
receipts, 6,369; gross, 8,804; shipments,
9,282; sales. 1,900; stock, 135,256.
St. Louis—Quiet; middling. B%c; net
receipts, 1,000; gross, 3,033; shipments,
2,673; stock. 26,915.
Cincinnati—Net receipts. 1,781; gross,
1,781; shipments, 910; stock, 3,639.
Louisville—Firm; middling, B%c; net
receipts. 753; gross, 753; shipments, 33;
stock, 80.
Total to-day—Net receipts, 21,863;
gross, 27,332; shipments, 28,631; sales,
5,987; stock, 359,854.
New York, Dec. 2.—Weekly interior
cotton towns;
Albany—Receipts, 729; shipments,
757; stock, 6,515.
Athens —Receipts, 2,876; shipments,
2,732; stock, 26,011.
Atlanta—Quiet; middling. B%c; re
ceipts, 3,000; shipments, 3,805; stock,
14,909.
Brenham— 487; shipments,
631; stock, 3,752.
Charlotte—Quiet; middling, B%c; re
ceipts, 961; shipments, 961.
Columbia—Receipts, 1,350; shipments,
1,350.
Columbus, Ga.—Weak; middling, 8%;
receipts, 2,545; shipments, 2,619; sales,
2,619; stock, 15,031.
Columbus, Miss. —Dull; middling,
B%c; receipts, 2,370;. shipments, 3,040;
sales, 3,040; stock, 6,7*37.
Dallas—Receipts, 3,547; shipments, 3,-
844; stock, 5,375.
Eufaula—Receipts, 537; shipments,
351; stock, 6,218.
Greenville—Receipts, 4,096; shipments,
3,064; stock, 16,309.
Greenwood, S. C. —Receipts, 1,481;
shipments, 432; sales, 1,049; stock, 4,-
331.
Jlelena —Receipts, 6,714; shipments,
3.881; stock, 24,857.
.Little Rock —Steady; middling, B%c:
receipts, 12,705; shiifments, 9.082; stock,
36.314.
Macon—Receipts, 3,568; shipments, 2,-
637; stock, 14,269.
Meridian —Receipts, 5,975; shipments,
4,844; stock, 21,034.
Montgomery—-Easy; middling, B%c;
receipts, 8,840; shipments, 6,818; sales,
6,818; stock, 37,946.
Nashville—Quiet; middling. B%c; re
ceipts, 304; shipments, 850; sales, 850;
stock, 636.
Natchez —Steady; middling, B%c; re
ceipts, 4,629; shipments, 4,212; sales,
419; stock, 14,396.
Newberry—Receipts, 595; shipments,
695.
Raleigh—Easy; middling, Bc;receipts,
1,115; shipments, 561; stock. 2,120.
Rome —Receipts, 2,698; shipments, 2,-
847; stock. 6.299.
Selma—Receipts. 5,090; shipments, 4,-
749; stock. 20.565.
Shreveport—Easy; middling. 8 7-16 c;
receipts, 12,236; shipments, 11,872; sales,
4,351; stock, 38,193.
Vicksburg—Receipts, 6,o6s;shipments,
3,038; stock. 25.146.
Yazoo City—Receipts, 4,585; ship
ments, 2,492; stock, 21,560.
SEA ISLAND COTTON.
The sea island cotton market for the
week ending yesterday was steady and
with a good demand. There is still
some trouble about securing sufficient
bagging for present needs, though re
ceipts of supplies are expected shortly.
The tone of the market has not been
improved by the gtnners' report, which
shows that 62,457 bales were ginned to
Nov. 14 of the present year, as against
40,555 bales to the same date the pre
vious year.
Prices follow:
Fancy Floridas ...21 @22
Extra choice Floridas 19%@20
Choice Floridas 18 @l9
Fancy Georgias 20 @2014
Extra choice Georgias ......19 @1914
Choice Georgias 17%@18
Extra fine Ga.'s and F1a.’5...16 @l7
1 1904.1 1903.
Receipts, net 3,644 2.629
Receipts, gross 3.464 2,594
Sales 2,659 2,045
E *P°rts 2,061 4,699
Stocks 10,277 7.306
Receipts season, gross 31,787 25,729
Receipts season, net 29,887 25,032
Shipments—
Liverpool, via Rost on ' 160
Manchester, via Boston 350..!.!!
Domestic, via Boston 150 175
Domestic, via New York... 1,311 657
Inland, Columbus, Qa 100
Liverpool, direct 1050
Manchester, direct ”” 1*614
Havre, direct ‘
Llncolnton, N. C Yoo
i_2,061! 4,699
Charleston, S. C„ Dec. 2.—Sea Island
cotton: Receipts this week, 1,076 bags
exports coastwise, 418; exports Savan
nah. rati, 260. Sales, 925. Stock, 2,359.
Urm, good demand; fully fine, 27c ex
tra fine, 28c.
NEW YORK FUTURES
MADE SLIGHT GAINS.
New York. Dec. 2.—The Cotton
market opened firm at an advance of
9&15 points In response to higher
cables than expected. Private advices
reported that Kuropean shorts were
covering:, a policy that may have been
encouraged by a private estimate,
placing the crop at 11,400.000 bales
and nlso by the big demand for spot
cotton at the decline. But after
the first Wave of covering
here It was seen that the big bears
were still selling freely; further re
ports of demoralized Southern spot
markets were circulated and shorts
of the smaller kind, partially with
drawing their orders, prices Inside of
the firrt half hour broke down to a
new low level for the season. At a net
decline of 4 points they wer gradually
rallied about 10 points from the bot
tom. But while the big bears bought
on the breukea they turned sellers
again on the bulges and the recovery
was not held. Trading, too, seemed
'V be turning less active, and during
DEMERE L HAMMOND. Brohers,
I'hones 1505. Office No. 24 Bryan street, bast.
COTTON, STOCKS, BONDS, GRAIN AND PROVISIONS
Dim* I’l l,sis W ires to I .railing I ki liaugea.
LOCAL MLCCtU Ilka A bf'fa.CIALTY.
S A VANN AH MORNING NEWS: SATURDAY. DECEMBER 3. 1904.
the best part of the afternoon prices
ruled around the closing level of
yesterday. The market was finally
steady at a net advance of 2®6 points.
Sales estimated at 400,000. Routine
news received little or no attention,
speculation interest being centered on
to-morrow’s crop report.
Receipts of cotton at the ports to
day 63,698 bales against 67,693 last
week, and 48,828 last year.
For the week 380,000 bales against
369,880 last week and 373,850 last year.
• POT COTTON AT NEW YORK.
New. York, Dec. 2.—Spot cotton
closed quiet: middling uplands. 9.00 c;
middling Gulf, 9.25 c; sales, 4.100 bales.
Cotton futures at New York Dec. 2:
Options. | Qpen.l High. Low.! Close.
December .1 8.57 8.57 I 8.38 8.46'
January ... 8.66 8.66 ! 8.48 8.56
February .. 8.65 8.67 8.62 8.63
March 8.82 8.83 8.65 8.72
April 8.85 8.83 8.00 8.78
May 8.92 8.93 8.78 8.85
June 8.92 8.92 8.85 8.89
July 8.97 8.97 8.84 8.90
August 8.86 8.75 8.80
Futures opend firm; closed steady. •
SPOTS STILL LOWER
AT NEW ORLEANS.
New Orleans, Dec. 2.—Cotton futures,
steady; December, 8.37@8.38c; January,
8.43@8.44c; February, 8.51@8.52c; March.
8.6008.61 c; April, 8.67@8.69c; May, 8.74
@8.75c; June, 8.80@8.82c; July, 8.84®
B.BBc.
Spot, in good demand; prices easier;
sales, 6,300 bales, including 3,500 to ar
rive. Quotations, l-16c, lower.
Futures opened firm and from 7@9
points up. New York opened from 7®
11 points higher and Liverpool closed
2@4 points down. The trading was
very light, almost every one preferring
to await the government estimate,
which will be bulletined at 10:15 o’clock
local time to-morrow morning. Chief
Statistician John Hyde this morning
notified the local exchange by wire that
he would make the estimate in square
bale;£ counting the round bales as
halves. This should do away with any
possibility of a mistake or inaccuracy
in transmission. In the trading- Jan
uary opened 7 points up, at 8.52 c, sold
down to 8.39 c and finally up to 8.43 c.
The market closed steady, I@3 points
net loss.
LIVERPOOL COTTON MARKET.
Liverpool, Dec. 2. —Spot cotton, good
business done; prices 2 points lower;
American middling fair, 5.09d; good
middling. 4.87d; middling, 4.77d; low
middling, 4.65d; good ordinary, 4.51d;
ordinary, 4.35d. The sales of the day
were 12,000 bales, of which 1,000 were
for peculation and export, and in
cluded 11,400 American. Receipts 85,-
000 bales, including 75,800 American.
Futures opened quiet and closed
steady; American middling, good or
dinary clause; December, 4.67d; De
cember-January, 4.67d; January-Febru
ary, 4.72d; February-March, 4.75d;
Mareh-April, 4.78d; April-May, 4.80d;
May-June, 4.82d; June-July, 4.83d; July-
August, 4.85d.
J. S. BACHE A CO.’S
Dally Cotton Letter to Hayward,
Vick A Cos.
New York, Dec. 2.—As the time
draws near when big crop estimates
are to be put to the test of compari
son with official figures in which the
sentimental factor does not enter,
smaller shorts grow uneasy. Perhaps
this uneasiness was Increased by our
estimate of the crop, placing it at
about 11,400,000 bales. This was cabled
to Liverpool late last night. The Eng
lish market at the hour of the local
opening was 1 to 2 higher, where a
decline of 6 to 7 points had been ex
pected. There hdavy covering in
preparation for the bureau and buy
ing was also stimulated by the re
markable demand for spot cotton at
the decline, showing that spinners
want the stuff too much to finesse. Our
market opened 9 to 15 higher. Market
leaders here and ’at New Orleans were
too heavily short and wanted to buy
too much to permit the advance to
stand, and smaller shorts seeing big
shorts selling, confidently hesitated in
covering. Prices worked off to anew
low level, then advanced about 10
points from bottom. The big bears re
newed their pressure and since then
the nJarket has been irregular, with
bears reducing their lines on bulges.
The undertone is better.
Everything depends on the govern
ment to-morrow. If it proves that the
slump has been the result of over
large crqp views on part of both spot
holders and speculators, we shall h.tv •
a very sharp advance, after perhaps
a momentary reaction, if on the con
trary, the government finds a crop
of 12,000,000, no permanent improve
ment can be expected.
WARE A X,ELAND .
Sny Washington Report In Needed to
Start Hnstness.
New York, Dec. 2.—This week has
witnessed the first B%c cotton we have
had since the fall of 1902. The de
■cline of about %c during the six days’
trading has been attended with enor
mous transactions. considerable ex
citement and. during the last two
days, with abject demoralization. The
general impression that the crop was
somewhere between 11,000,000 and 11,-
500,000 Wales had resulted In a definite
idea as to the value of cotton and this
impression prevailed not only among
holders in the South, but among con
sumers. But this week crop estimates
from the most reliable sources have
appeared, placing crop at about 1’ -
000,000 or over, and the effect upon
the ti’ade at large has been very discon
certing. Fearful that the government
to-morrow- will sustain these views
even those who regard prices as ab
normally low, have not the courage to
buy, and the absence of support has
left a very weak future as well as spot
market. After the weeks of general
steadiness with buyers paying prices
asked in the South, ahe whole struc
ture has collapsed. Those who have
been most conservative and correct on
the value of cotton for four or five
years find their ideas awry. They can
not bring themselves to believe the
crop as large as it is now- estlnfated
and It will require the confirmation of
\\ ashington to start business again.
IIEMKHE A H.Ol MONTI'S
Cotton Letter from New Orleans.
New Orleans. Dec. 2. In advance of
publishing of government annual crop
estimate, which will be Issued to-mor
row at 10:15, New Orleans time, trad
ers have endeavored to discount Its
probable effect upon the market, the
recent large crop estimates, 11,940,000
bales by the New Orleans Tlnies-Dem
ncrat. 1 1,939,000 by Miss Giles, and
600,000 by members of New York and
New Orleans Exchanges were used In
depressing values. The market work
ed down to sueh a low level that it Is
thought It will require official estimate
In excess of 11.600,000 hales to forec
prices any lower to-morrow. Govern-
ment figures to be announced to-mor
row will be based upon lint per acre,
acreage and net weight of bales. The
crop of past two seasons were less
than average yields, production of lint
per acre averaging 186 pounds for the
two years, but weight of bales was as
heavy as any on record, 4§l pounds
net, the levee tax on cotton inducing
planters to put as much as possible in
each bale in order to escape having to
pay $1 on every bale marketed In some
of river parishes. The yield per acre
this season is conceded to be much
better than last year, and if it should
average, much as the last two years,
the Indicated yield will be about 12,-
000.000 bates. If figured on average
lint per acre of past five years J9O
pounds and net weight of bales for
same period 481 pounds, the indicated
yield would be about the same, 12,-
000,000 bales. That our friends may
form their own idea as to what the
bureau estimate will be, we hereby
furnish facts in connections with pre
vious crops of the past six years:
Acre-
Year. Yield, age. Weight. Crop.
1903 177 28 . 491 10,011,000
1902 195 27.7 491 10,728,000
1901 187 26.8 468 10,661,000
1900 200 25. 480 10,383,000
1899 190 25.5 474 9.400,000
1898 242 25. unknown 11,300,000
1904 31.7 unknown 11,300,000
With such an acreage as we have
this year It Is almost impossible to fig
ure less than a bumper crop, unless
lint per acre be aA small as last year's
production. Longs have been badly
worried during past ten days, but they
have not given up the fight by any
means, depending upon the unexpected
to happen, by the government furnish
ing a surprise in the shape of a small
er estimate than looked for. Both
sides will rest on their oars this even
ing, and he ready for the fray In the
morning, when exciting and nerve-kill
ing fluctuations may be expected. Al
ready there is a large delegation from
the country, the floor of exchange will
be taxed to it3 capacity to-morrow.
WEEKLY COTTON MARKET.
Receipts Ports Past Week.—The fol
lowing table shows receipts at ail
United States ports for the past week
arid the corresponding week last year:
Week ending Dec. 2: 1904. 1903.
Galveston 95,536 144,136
New Orleans 111,189 101,474
Mobile 17,196 13,035
Savannah 69,060 47,652
Charleston .. 8,411 5,018
Wilmington 11,094 12,902
Norfolk 33,075 17,969
Baltimore 2,500 980
New York 150 2,589
Boston 4,987 1,284
Philadelphia 647 713
Pensacola ... 6,014
Brunswick 10,120 9,318
Newport News 293 513
Port Arthur ... 4,500
San Francisco 3,070
Port Townsend 7,751 1,547
Total 7, .7......, rrr 1375,0791369.644
Comparative Cotton Statement, 'Dec.
2, for the week ending Dec. 2:
Net receipts at all U. S. ports
during week 377,712
Net receipts at all.U. S. ports
same week last year 369,644
Total receipts since Sept. 1.. .4,611,467
Total receipts to same date last
year 4,006,105
Exports for the Week 329,747
Exports for same week last
year 346,449
Total exports since Sept. 1. ....3,179,099
Total exports same date last
year 2,820,188
Stock at all United States ports 985,397
Stock at all United States ports
same time last year 853,976
Stock at all Interior towns 724,558
Stock at all Interior towns same
time last year.,. 465,765
Stock at Liverpool
Stock at Liverpool, same time
last year 379,000
Stock of American afloat for
Great Britain
Stock of American afloat for
Great Britain same time last
year ...; ...*r.. 391,000
Receipts Ports This Season—The fol
lowing table shows the receipts at all
United States ports since Sept. 1, 1904,
and for the same time last year:
~SinceSept.l— ~ ~ 1904. | 19037
Galveston 1,415,5i0!1,435,202
New Orleans 1.052.506 J 924,355
Mobile 157,250; 130,475
Savannah 972,952 716,564
Charleston 147,206 121,702
Wilmington 236,902 246,472
Norfolk ?.... 353,000 254,675
Baltimore 8,688 4,977
New York 5,000 16,349
Boston 13,686 4,746
Philadelphia 2,508 2,828
Pensacola 50,315 62,696
Portland. Ore 4,981;
Brunswick 94,436) 49,642
Newport News 1,050 659
Port Arthur 41,687 17,765
Sabine Pass 6,611
San Francisco 21.003 4,485
Port Townsend 12,659 7,103
Fernandina
Eagle Pass 1,350 4,143
Corpus Christ! ...
Laredo 6,292 4,440
El Paso 1,888 400
Minor points ...... 7,463)
Total 4.608,392|4,006,289
New York, Dec. 2.—The following
statistics on the movement of cotton
for the week ending Friday, Dec. 2
w-ere compiled by the New York Cot
ton Exchange;
Weekly Movement—
This Last.
Year. Year.
Port receipts 387,467 374,755
Overland to mills and
Canada 39,687 51,235
Southern mill takings
(estimated) 67,000 57,000
Gain of stock at inte
rior towns 47,058 5,085
\ ~ , ...
Brought into sight
for the week........ 531.212 488,075
Total Crop Movement —
Port receipts 4,607,283 4,013,586
Overland to mills and
Canada 305,331 243(834
Southern mill takings
(estimated) 678,000 580,000
Stock at interior
towns in excess of
Sept. 1 624,902 431,269
Brought into sight
thus far for sea
son 6,115,516 5.266,689
Stock of eottbn at all ports Dec. 2,
1904, and on the same day of the week
last year:
Ports. ~ |~1904. | 19037
New Orleans [390.913 285.966
Mobile 67,192! 49.577
Galveston 197.940 269.234
Savannah 135.7931112,645
Charleston 34,800 8,760
Wilmington 12,450 10,383
Norfolk 32.440' 22,606
New York 90.851! 67,177
Other ports | 23,018; 23.644
'DO ol 1985,3971853,976
HESTER’S WEEKLY STATEMENT.
New Orleans, Dee. 2.—Secretary
Hoster'H weekly cotton statement. Is
sued to-day, ahowa for the two days
of December a decrease under last year
of 46,000 and a decrease under the same
period year before last of 23,000.
For the ninety-three days of the sea
son that have elapsed the aggregate
Is ahead of the same days of last year
1.042.000 and ahead of the same days
year before last 1,039,000
The amount brought Into sight dur
ing the past week has been 5*1,07*
bales, against 479,10* for the same
seven days last year and 171.601 year
hifor In*!.
The movement since Kepi. 1 shows
' yet eipt* 04 all United Stales porta to
BETTER UNDERTONE
WAS CHIEF DEVELOPMENT IN
SPIRITS MARKET YESTERDAY.
PRICE LEVEL UNCHANGED
AND OPENING AND CLOSING WAS
FIRM WITH FAIR SALES.
Receipts fiy Day Small and Few Of
fering* In Post Market Trade.
Rosin Market Maintains Firm
Tone With Shading of Prlees On
Common Grades—Pales Brought
Higher Price* lu Late Trade—Lon
don Higher Ou Spirits, Bnt New
York Lower.
The spirits of turpentine market held
Its ground yesterday, at 46%c, opening
firm, at that figure, the closing price
of the day before, and closing un
changed in either tone or price. The
undertone of the market was, in fact,
stronger than it Was been at any other
time prior to the break from 50 cents.
The receipts were very light, but 491
casks, and the shipments 225 casks. The
sales at the opening of the market were
277, and at the close, 70. In the post
market business such sates as were
made were at the market quotations,
but the offerings were very light. The
New York market registered another
decline, being quoted dull, at 49%c. Lon
don showed a better tone, having gone
to 36—7. ,
The rosin market continues firm,
though the practice of shading the
prices on commons continues. The
opening yesterday was at a’decline of
2%c generally on all grades from G
and below, this price affecting the in
side figures of the previous day and
being represented in the dase of G, F,
E by an inside price. The close was
firm and unchanged except that these
three grades were quoted at the in
side prices. The sales at the opening
were 1,471 barrels, and at the close,
442 barrels. In the afternoon trade
sales were made at an advance of 5c
on K and above, except in one case,
where an advance of 10c was paid on
M. The receipts were 1,896 barrels,
and the shipments, 3,037. The New
York market was quoted dull 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 Apri' 1 6,495 44,550
Receipts yesterday 491 1,896
Receipts previously 153,661 457,386
Totals 160,647 503,832
Exports yesterday ... 225 3,037
Exports previously 127,557 447,580
Total .127.782 450,617
Stock yesterday 32,86 5 53,215
Stock previously ... 12,387 71,278
| Yester- Day lit- Last
I day. fore. Year.
..| Firm. | Firm. Firm!
Spirits ) 46% | 46% 56
Sales 347 | 550 326
Tone ~| Firm, j Firm. Firm.
W. W. 5.10 5.10 3.50
W. G. 4.75 4.75 3.25
N. .... 4.50 4.50 3.05
M. .. . 4.30 4.30 2.90
K. .. . 3.90 3.90 2.50
i 3.35 3.35 2.55
H 2.80 2.80 2.35
G 2.65 2.67%@2.70 2.30
F 2.60 2.62%@2.65 2.25
E 2.55 2.57%@2.60 2.25
D. .... 2.52% 2.55 2.25
C B A. 2.50 2.52% 2,25
Sales ,| 1.913| 2,1251 2.548
WEEKLY NAVAL STORES MOVE
MENT.
Spirits.
1904-1903.
Stock April 1 6.495 1,241
Receipts past week .... 3,779 4,200
Receipts previously 150,373 166,205
Total 160,647 171,646
Exports—
Foreign 54,386 81,496
New York 36,721 26,699
Coastwise and interior ..36,665 51,064
Total 127,782 159,259
Stock 32,865 12,387
Rosins.
1904-1903.
Stock April 1 44,550 145,882
Receipts past week .. .. 13,933 16,659
Receipts previously 445,349 423,728
Total 503,832 586.269
Exports—
Foreign 129,239 204.790
New York 86,358 62,838
Coastwise and interior ..235.020 247,363
Total 450,617 514,991
Stock 53,215 71,278
IN OTHER MARKETS.
New York, Dec. 2.—Rosin, steady;
strained common to good, *2.95@3.00.
Turpentine quiet 49%@50c.
Charleston, S. C„ Dec. 2.—Turpentine,
nothing doing. Rosin, nothing doing.
Wilmington. N. C., Dec. 2. —Turpen-
tine, quiet, 46c; receipts 23.
Rosin, firm, 245 bid; receipts 146.
Tar, firm, *1.80; receipts 241.
Crude turpentine, firm, *2.30, *3.70
and *3.70; receipts 141.
New Orleans, Dec. 2.—Receipts, rosin,
74 barrels; turpentine, 32.
LUMBER MARKET.
Exports of lumber and cross-ties
from Savannah for the season begin
ning July 1, as posted at Board of
Trade:
Lumber. Steam. Salk
Yesterday , 662.695 1,116.726
Week 1,995,722 1.438,876
Month 8.760.714 6,756.638
Since July 1 *4,236,950 32,841,897
Where Shipped—
Foreign 2,274.444 2,761,524
Baltimore 8.850.83 X 4,309,882
Philadelphia 4.393,772 5,214,118
New York 17.823,640 9,545.222
Boston 600,531 1.167.206
Other porta 253,410 9,843,945
be 4.611.167, against 3.916.791 last year.
Overland across the Mississippi, Ohio
and Potomac rivers to Northern mills
and Canada, 310,598, against 237,734
last year; Interior stocks In excess of
those held at the close of the com
mercial year, *38,031, against 432,78* last
year, Southern rnilla takings. <82.000.
•gainst 613,143 last year, 824.117 year
before last
The total movement since Kept. 1 is
C.312.0M, against 6,200,467 Isst year
Foreign exports for the Week have
been *44,9U, oMWM HD laet year
HIDES. WAX. FURS. SKINS.
Highest Market Prices Paid.
A. EHRLICH & 880, j- Wholesale Grocers and Liquor Dealers
THE CHASMAR KING SUPPLY CC^T
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES. SAN IT ARY PLUMBING GOobs, WROUGHT
ntON PIPE. FITTINGS, etc. AH supplies for STEAM. WATER and QAS,
Sole Agents for the celebrated HU XL EY VALVES.
Wool, Hides, Wax, Raw Furs and Skins,
Write for Prices.
D. KIRKLAND,
making the total thus far for the sea
son 3,222.180, against 2,744,277 last year.
The total takings of American mills.
North, South and Canada thus far for
the season have been 1,500,217, against
1,274,906 last year.
Stocks at the seaboard and the
•twenty-nine leading Southern interior
centers have Increased during the week
53,859 against an increase during
the corresponding period last season of
14,482.
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 crop, the
supply to date is 6,404,063, against 5,-
368,256 for the same period last year.
WORLD’S VISIBLE SUPPLY.
New Orleans, Dec. 2.—Secretary
Hester’s statement of the world's
visible supply of cotton, issued to
day, shows the total visible to be
4,083,957, against 3,874,078 last week,
and 3,506,182 last year. Of this, the
total of American cotton is 3,495,-
857, against 3,326,078 last week and
3,005,182 last year; and of all other
kinds, including Egypt, Brazil, In
dia, etc., 588,000, against 548,000 last
week and 501,000 last year.
Of the world’s visible supply of
cotton there is now afldat and held
in Great Britain and Continental
Europe, 2,005,000, against, 1,870,000
last year; in Egypt, 165,000, against
174,000 last year; in India, 210,000,
against 113,000 last yt‘ar and in the
United States, 1,704,000, against 1,-
349,000. '
GUESSING AT CROP’S SIZE.
Many members of the Cotton Ex
change yesterday filed estimates of
the cotton crop for the present season.
Each estimate was accompanied by a
dollar, and the total purse will go to
the person coming nearest to the ac
tual figures. Up to 6 o’clock yesterday
sixty-seven members had filed esti
mates, and It is believed that this num
ber will be materially enlarged this
morning prior to the receipt of the
Department of Agriculture report. The
estimates vary materially and some
of them are pretty large, one being as
high as 12,725,000 bales.
• , ■
WANT ALL SALES REPORTED.
It is the request of persons Interest
ed in having correctly reported the
dally transaction in securities, that all
such transactions be reported prompt
ly, either to some broker with the re
quest that they be given to the super
intendent' of the Cotton Exchange, or
else that they be given directly to the
exchange by the person interested in
the trartsaction.
Big Crop In Mississippi.
A letter received from Mississippi
SAVANNAH'S CURRENT MARKETS
Note —These quotations are revised
daily and are kept as near as possible
In accord with the prevailing wholesale
prices. Official quotations are not used
when they disagree with the prices
wholesalers ask.
POULTRY —Market, good demand;
springers, 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%@26%c; choice Elglns, 23%@24%c;
New York state, 21%c; renovated but
ter 60-pound tubs, 23@23%c.
CHEESE—Market, firm: fancy full
cream cheese, 22@25-pound, 12%@13c;
20@35-pound, 1214@12%c.
WHITE PEA P.EANS—S2.4O bushel.
POTATOES—*2.OO.
ONIONS —In sacks. *2.50.
SPANISH ONIONS—Per crate, *1.50.
CABBAGES—*I.SO crate.
TURNIPS—Per sack. *1.50.
Breadstnffs, Hay and Grain.
FLOUR—Patent, *6.35; straight *6.10;
fancy, $7.35; family, *5.45; spring
wheat, best patent, $5.85. '
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 73
OATS-
No. 2 mixed ...... 47
No. 2 white clipped 51 49
BRAN—
Pure wheat bran *1.40 *1.35
Mixed bran 130 1.20
Cracked corn Lso *-50
n” 1 timothy 90 75
No. 2 timothy 80 85
fvgar.
Cut loaf
Cubes .. ••••••••• S'il
XXXX powdered 4.07
Powdered .. “•° 7
Fine granulated 5.92
Confectioners' A 5.77
White Extra C 5.57
RlCE—Market dull, fancy head, 4%
@sc; prime. 3%@4c.
Good 8
Fair
Common • ••••■•
Fruit* and Nat*.
APPLES—*3-00 to *3.50 barrel.
BAN AN AS —*1.7a@2.Q0.
GRAPES— Malaga, *4.5005.50; Ja
m-lea orange. *3.26.
FLORIDA ORANGES —*2.75 03.00.
PRUNES— 20s to 30s. *l3; 30s to 40s.
10c 40s to 50s, 8c; 60s to 60s, 7%c; 60s
to 70s S-V; 708 to 80e - #c : SO* to 90s,
6 c' 90s to 100s, 4%C.
PEANUTS— Ample stock, fair de
mand: market firm; fancy hand-picked
Virginias, 7c; N. C. peanuts, 6%c; ex.
Virginias'. 6c.
NUTS— Almonds. Terragona, 14%c:
Tvlcas, 12%c; walnutJ, French. 12%c;
Naples. 14%c; pecans. 10c; Braxlla.
B*c- filberts. 11c; assorted nuts, 60-
pound and 25-poUnd boxes. 12c.
Dried and Evaporated Fratts.
APPLES Evaporated, 7%0; aun
drled. 5%c.
APRICOTS— Evaporated, fancy, i* c;
choice, 10V4C.
RAISINS—L L. l-erown. *l.*s; 4 .
crown. *2.00; 4-crown clusters. *3.76;
loos# muscatells, Bc, 1-pound seeded',
104.1- ; Imperial cablneta, (2 per box.
PBACHBS- Evaporated, peeled. l(o;
unpeeied, 846#.
PEARS Evaporated, 104*e.
CITRON-A. S. drum. 144*#; fancy
Corelrtan, In 10-pound boxes, 14%c,
CURRANTS—BarreIs. It.
Coffee.
Java ...1C....
Mocha 33%e
Peaberry 1*
Fancy No. 1 „,J| g
yesterday by a member of the local
cotton trade states that after a care
ful inquiry among the mills, ginners
and farmers in many sections, the
writer believes that up to Nov. 14 but
80 per cent, of the crop had been gin
ned. The statement is also made th'at
though the fields in many sections are
“black” the cotton houses seem to be
well stored with cotton which is car
ried to the gins on days when wet
weather prevents other farm work be
ing done.
DRY GOODS MARKET.
New York, Dec. 2.—The dry goods
market is still in abeyance and likely
to be more or less unsettled until the
aipparanee of the government’s esti
mate to-morrow. Meantime buyers
are witholding certain orders. General
firmness chacterising practically all
lines of goods.
A PARADOX.
0° to the Golden Gate,
|n comfort all the way,
Let any one gainsay:
Burn oil to keep you clean.
Unhealthy smoke
Reminds you no more.
Nor cinders in your eyes
galore.
Exhaust your patience and
pleasant mien.
Remember the
SOUTHERN PACIFIC to all
points
Louisiana, Texas, Mexico and
California. Special rates to
Louisiana, Texas, New Mexico
and Arizona in November and
December.
Information cheerfully given.
• J. F. VAN RENSSELAER,
General Agent,
13 Peachtree street. Atlanta. Ga.
OLD NEWSPAPERS. 200 FOR 23
cents, at Business Office, Morning
News,
Fancy No. 1 12%0
Choice No. 2 12 o
Prime No. 2 11 o
Fair No. 6 10%0
Ordinary No. 6 9%0
Common No. 7 9 c
SALT—Car lots, 100 pounds burlap
sacks, 37c; 100-pound cotton sacks, 39c;
125-pound burlap sacks, 46c; 125-pound
cotton sacks, 48c; 150-pound burlap
sacks, 5Sc; 200-pound burlap sack3,
(Liverpool), 78c.
HlDES—Market, firm; dry flint,
16%c; dry salted, 14%c; green salted,
9c; green, 7%c.
WOOL—Firm; white prime, 25c;
prime Georgia, free of sand burrs and
black wool, at 23c; burry, 12@16c; wax,
28c; tallow, 4%c; 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. *1.50©1.6S
per barrel; hair, 4@sc, cement. 31.10©
I. carload lots, special. Portland ce
ment, retail. *2.00@2.25; carload lots,
specie 1.
LUMBER Ral'road ties, 27@29c;
he>yn ties (7x9x8%), 38@40c; hewn
(6xß), 26x28c; switch ties, *10.50©
11. easy yard stock, *11.00@12.0n;
car sills, tl3.00@15.00: ship stock, *IB.OO.
Oil*.
Perfection Signal Oil 42 c
Pratt's Astral it 0
Aladdin Security ! "*ls c
Water White ......V.7!"”! 15 l
Standard White '.lltic
D. S. Gasoline c
D. S. Gasoline in drums ~14%c
86 degree gasoline in drums 19%c
Linseed oil, raw, 1 barrel lots ....45 c
Boiled linseed, 1 barrel lots 47 c
Five barrel lots special,
~BO T^D r° P' * l ' 6S: B - B - an <3 large.
*190; chilled *1.90.
IRON—Market firm; refined. *1.90;’
Swere. c.
-NAILS —Cut, *2.15 base; wire. *2.15
base.
BARBED WIRE *2.85 per 100
pounds
GUNPOWDER - Per keg. Austin
crack short. *4.50 keg; half keg, *2.60
quarter keg, *1.40; champion ducking
quarter keg *2.25: Austin smokelesf!
half kegs. *8.45, quarter. *4.30- three
pounds. *2,10: one pound, 75c; less h)
per cent, on smokeless.
Cotton Bagging and Ties.
BAGGING—Market firm; 144 pound
-%@7Vc; 2-pound, B@B%e; sea Is and
bagging, 10%@llc. a
7, I S S_Standard 45 -‘ ncf arrow. 940
@*l.oo.
COTTON PICKING SHEETS ’’'•St
26c each. •
TWINE—Per pound, or hank, 14@
loC.
nlcs. B@B%c.
D. S. butts ■ g*/
D. 8. pistes .'!.!.'.'."."444
Western heavy bellies “git
Eastern light bellies !!!!!544
Eastern medium beillea !!'.g%
Eastern heavy bellies ’ ’’’gU
D. S. C. R. sides '*2
Smoked C. R. sides “ g
I.AKD—Pure. In tierces, B%c;’"*so
- tins and 80-pound tubs, B%c
-compound, In tierces, 6c; 50-pound
tins and 80-pound tubs, 6%c.
Miscellaneous.
FlSH—Mackerel. halfbarrels. No
1, (10. No 2, $8.50; No. 3, (8; kits No*
1, *1.40; No. 2, *1*0; No. 3, *1.10; cod
fish. 1-pound bricks, 4c; 2-pond bricks.
I%c; smoked Herrings, per box, ly@2oc;
Dutch her.-lngs. In kegs, *1.10; ntw
mullets, half barrels, *4.
SYRUP-Market quiet; Georgia and
Florida syrup, buying at 22@23c; Bail
ing at *6@27%c; sugar bouse, at 14%9
Ik
WAX-2e.
HIGH WlNES—Baals, *].*(.
HONEY—DuU. etralc-ed, Ui barrels.
Its gaUoa.