Below is the OCR text representation for this newspapers page.

10 FIRMER TONE SHOWN BY ALL BRANCHES OK COTTON TKAUE YESTERUAV. FUTURES MARKETS HIGHER AXU SPOT HOLDERS REFUSE TO SELL AT PRESENT TRICES. Lorsr Rrrripta C online Into Savan nnli but Orrater Portion of Them Ik F. O. B.—Cotton Billed Straight Tit routs It—Suelt iik Come to Lora* Warehouses Is Sent With Instrur tions to Hold for Better Prices. AT THE CLOSE. FITI RES. Liverpool, - to 5 points higher. Xeiv York. 7 to Id points hitcher. Yen Orleans. ;i to S points hitcher. SPOTS. Liverpool, 4 points hitcher. Yell York, unchanged. \cii Orleans, norhuniced. Savannah, unchanged. The trend of cotton prices in all branches of the trade was upward yes terday, Liverpool after opening lower, closed at a very good gains on the whole list, and the American markets also showed an improvement at the close, New York being from 7 to 10 points higher than the day before and New Orleans, from 3 to 8 points high er. Liverpool also showed a gain of 4 points on spots, though prices in this department were unchanged at New York, New Orleans and at Savannah. In the Savannah spot market prices were unchanged throughout the day, though the market, which opened weak was quoted steady at the close. The sales were the smallest that have been reported for any one day in several weeks, if not for the season, amount ing to but 62 bales. This may be ex plained by the fact that while the port receipts continue to be fairly large little of the cotton is destined for lo cal warehouses, the greater portion of it being f. o. b. cotton billed straight through to foreign ports, and such re ceipts as do come to the factors are, in the main sent subject to orders not to sell at present prices. The tone, prices and sales for the day follow: Open- | 1 |Clos- ing. jo'clock.j ing. j Quiet. |Steady.|Steady. Good middling [7% |7% 7% Middling 714 | 7% 7% Low middling . j_7% |7% 7% Sales | .... | 62 ~,, Total sales yesterday, 62. Time, 1 p. m., day before, 575. The local f. o. b. market opened steady at 7 15-16 c, basis good middling, an advance over the price of the day before, and closed steady at 7%e, same basis. Little cotton was to be obtain ed at the lower figure, and even at the higher quotations some sales were made at prices above the market. SPOT COTTON MARKET. Thf following were the official spot quotations at the close of the market at the Cotton Exchange yesterday. 1:00 I Tear Grades. P. M. | Ago. Good middling 7% |l2 3-16 Middling 7V4 1274 Low- middling 774 |ll% Tone Steady.lFlrm. Sales yesterday, 62. Exports— Foreign Foreign for season 13,161 Last year 6391501 Coastwise 2,289 Coastwise for season 25L655 Last year 170,860 Receipts yesterday 11,058 Last year 9^23 Year before last 8,009 Receipts since Sept. 1 1,066!562 Receipts same time last year. 793,002 Stock yesterday 138,52S Stock last year 117.66S Receipts and Stocks at All Ports— Receipts yesterday 69,489 Same day last year 63,038 Same day year before last S<U7B So far this week 188,566 Year before last 139 373 Receipts since Sept. 1, 1904 5,1721531 Last year 4,487,045 Stock at all ports yesterday..l,ol7,l6o Stock same day last year 825,937 daily cotton market. Port Movement — Savannah—Steady; middling, 714; net receipts, 11,040; gross, 11,058; sales, 575; stock. 138,528. Exports—Coast wise, 2.289. Galveston—Steady; middling, 7 11-16; net receipts, 23.327; gross, 23,327; sales, 84; stock, 204,201. Exports—Continent, 8,080. New Orleans—Quiet; middling, 7%; net receipts, 26.624; gross, 26,624; sales, 4,750; stock. 411,280. Mobile—Nominal; middling. 7%; net receipts, 1,631; gross, 1,631; stock, 63,- 798. Exports—Coastwise, 2,472. Chaileston—Quiet: middling, 7%- net receipts, 248; gross. 248; stock. 29,- 182. Exports—Coastwise, 300. Wilmington—Nominal; net receipts, 2.143; gross, 2,143; stock, 4,003. Norfolk—Net receipts, 3,077; gross. 3,077; stock, 40,335. Baltimore—Nominal; middling, 778; gross receipts. 750; stock. 8,395. New York—Firm; middling, 8; net receipts, 99; gross. 8.750: sales, 425; stock. 101,561. Exports—Great Brit ain. 1,945; continent. 1.013. Boston—Dull; middling, 8; net re ceipts, 266; gross. 780, Exports—Conti nent. 300. Philadelphia—Steady: middling, 8.25; net receipts. 50; gross, 237: stock. 4,- 446. Jacksonville—Net receipts, 1,043; gross, 1.043. Exports—Coastwise, 1,043. Brunswick—Stock, 11,611. Exports— Great Britain, 6,974. Total To-day, at All Ports—Net. 69 548; Great Britain, 7,919; continent, 9,393; stork. 1.017.160. Consolidated, at All Ports—Net, 188,. 619; OreHt Britain. 73,667: France, 15,- 000; continent. 93,826. Total Since Sept. 1, at All Ports— Net. 5,172 531: Great Britain. 1.828,673; France 390,463; continent. 1,381,005; Ja pan. 37.968: Mexico 12.364. Interior Movement— Houston- Dull; middling. 7%; net receipts, 19,363. gross receipts. 11.393, Jnlpmerta. 17,171; Stock, 100,662. Augusts—steady; middling 7 11-16; net receipts, 1 641: gross, 1.649; ship ments, 761; sales, 1.002 stack. 96,161 Memphta—Quiet: middling 7 11-16; net receipts, (064. gross. 6.064; ship ments. 6,014; eatee, 1.166; stork. 146.661. lit Louis—Quiet; middling 1%; net receipts 900; gross, 6,400; shipments 1714 stork 81916, Cincinnati Middling 9; net receipts. nn 1 1 1 COTTON. STOCKS. BONDS. CHAIN PROVISIONS AND COFFEE. Direct Prime Wires to All Markets. MEMBERS New Orleans Cotton Exchange. New Orleans Fulure Brokers Ass a. New York Cotton Exchange. New York Coffee Exchange. Chicago Boaril of Trade. Associate Members Liverpool Cotton Association. Savannah Cotton Exchange. J. M. McCORD, Manager, 104 TVty. East. Savannah. On. 968: gross, 968; shipments, 1,221; stock, 2.907. Total To-day—Net receipts. 27.964; gross, 36,554; shipments, 29,899; sales, 2.752; stock, 374,176. SEA ISLAND COTTON. Fancy Floridas 20 @2l Extra choice Floridas 19 @ 19% Choice Floridas 16 @lB Fancy Georgias 19 <&l9Ai Extra choice Georgias 18 @lßl4 Choice Georgias 16 . Extra fine Ga.’s and Fla.’s ..14 @ls NEW YORK FUTURES CLOSED AT A GAIN. New York, Dec. 13—The cotton mar ket was less ‘active than at any time since the government report and prices fluctuated with a 10 point range. In a general way the situation seemed a little steadier and final quotations, while a little off from the best, showed a moderate gain for the day. The opening was quiet but firm, at unchanged prices, to an advance of 5 points in response to steadier spot markets as reflected by private ad vices from the South, and the Liver pool cables, which reported sales of 8,000 bales, at an advance of 4 points, while futures In the English market responding to the local decline of the previous day were about 1 to 2 points lower. After the opening here, there was considerable support believed to be covering by leading room shorts and with New Orleans showing steadiness and Liverpool reporting a recovery from the earlier losses, prices gradu ally worked up until in the middle of the morning, they were about 10 to 12 points higher on the active months. At the advance there was realizing by yesterday’s buyers, and during the aft ernoon the market ruled irregular, fluc tuating about 4 to 5 points under the high point of the morning. Toward the close, covering by room shorts steadied prices slightly, and the final question showed net gains of 7@lo points. Sales were estimated at 125,000 bales. The olflclal advices from Southern spot markets, showing steady but gen erally unchanged markets in spite of moderate sales, helped to sustain the futures market notwithstanding pri vate wires from New Orleans claiming that factors were ready to sell, but there were few buyers. Receipts ran full but exports were again fairly liberal and the general situation appeared to be undergoing no material change from the conditions recently reported. The unsettled con dition of affairs in Wall street is re garded as a bearish influence in some quarters, but seems to be chiefly in strumental in the way of checking busi ness either way. • POT COTTON AT NEW YORK. New York. Dec. 13.—Spot cotton closed dull; middling uplands, 8.00 c; middling Gulf, 8.25 c; sales, 425 bales. Cotton futures at New York, Dec. 13: _Options, | Open. 1 High.! 1,0w.| Cloas. Dec., ofd. . 7.55 | 7.62 I 7.55 7.60~ January .... 7.60 I 7.70 7.60 7.67 February .. 7.68b 1 7.75 7.75 7.74 March .. .. 7.79 | 7.88 7.79 7.85 April 7.85 | 7.86 7.85 7.90 May 7.92 | 7.99 7.91 7.97 June 7.98 [ 7.99 July 8.03 i 8.10 8.03 8.08 August .... 8.01 8.06 8.02 8.04 September . 7.50 b October 7.95 7.95 Futures opened quiet and firm; closed steady. EXPECT DULLNESS” UNTIL AFTER HOLIDAYS. New Orleans, Dec. 13.—Cotton fu tures, steady; December, 7.53@7.55c; January, 7.59@7.60e; February, 7.67© 7.69 c; March, 7.76 c; April, 7.81@7.83c; May, 7.89@7.90c; June, 7.93@7.95c; July, 7.99@8.01c. Spot cotton, quiet; sales, 2,750 Hales, including 1,350 to arrive. Quotations, unchanged. Note: Heavy shipments of cotton are passing through this city direct to mills. Of 14,000 bales received by Illi nois Central Railroad to-day, there was none consigned to local merchants. The futures market was very quiet, opening 4 to 7 points up. The highest range of prices from the opening, which was the lowest, did not exceed 4 points. January opened 7 points up at 7.60 c, declined to 7.57 c, advanced to 7.61 c, and finally declined to 7.59 c. The general belief among tfladers is that there will not be much activity in the market until after the holidays. The clos ing was quiet, net gains 3 to 8 points. LIVERPOOL COTTON MARKET. Liverpool, Dec. 13.—Spot cotton in moderate demand; prices 4 points high er; American middling fair, 4.56d; good middling. 4.31d; middling, 4.21d; low middling, 4.09d; good ordinry, 3.95d; ordinary. 3.79d. The sales of the day were 8.000 bales, of which 2,000 were for speculation and export, and In cluded 7,500 American. Receipts 62,000 bales, including 59,000 American. Futures opened quiet and closed steady: American middling, good ordi nary clause: December, 4.16d: Deeem ber-January, 4.16d; January-Febraury, 4.20d; February-March. 4.24d; Mareh- Aprll, 4.28d; April-May. 4.30d; May- June, 4.33d; June-July. 4.86d: July-Au gust, 4.37d: August-September, 4.36d; September-October. 4.35d; October-No vember, 4.35d. DEMEKE A HAMMOND'S Dully Cotton Letter from New York. New York, Dec. 13.—Left to Itself. Liverpool apparently had little dispo sition to advance prices. The first ca ble from that side showed a decline of 3 to 4 points, which was rather more than expected. American buying, how ever. later on gave that market a fill up and caused a sharp advance, which left last prices about 4 higher than yesterday. There has been a steady tone throughout the day. al though on small scale, owing to com paratively light offerings, and in fact because of very small business trans actions. The rumor is persistent that Mr. Price has practically covered all his shorts and is soon to take a well earned rest. It Is argued from this that with the leading bear removsd, the market will be sensitive to at tacks. and that bulls will have more confidence. It must slso be added thit DEMERE L HAMMOND. Brohers, Plume* 1505. Office No. 24 Bryan street, E*t. COTTON. STOCKS. BONDS. GRAIN AND PROVISIONS IMraat Private Wire* 4te Leading I t. Gang**. LOCAL 66AAH4 HU A kCtCUITV SAVANNAH MORNING NEWS: WEDNESDAY. DECEMBER 14. 1904. certain operators who were identified with the short side for months back express the opinion that present prices are low enough, and discount the movement up to the present time, which Is well known, is only a trifle over 1.000,000 greater than last year. Working by the figures alone. Ignor ing the possibility of eight months of season remaining, there is nothing to prove a 12.000.000-bale crop as yet, as we are still running only a 1,000.000 ahead of a 10,000,000-bale crop. Of course, such an argument carries no conviction with it, but in the present dull conditions of affairs, one argu ment is as good as another. There is nothing to be gained, however, by de ceiving ourselves and it is better to know thp worst and find room for Im provement later on. According to Hes ter, the amount In sight on Dec. 1 was 6.011.415 bales, if the crop is to be 12.- 000,000. this would represent 51 per cent, of total, and it is a matter of record that only four times within the past fifteen years has such a large proportion of crop oeen marketed be fore Dec. 1. If the mills are ready to pay an advance, there could be no better foundation for an improvement, but unless demand for spots is gen eral and continuous, it is likely that advance in the future market will be followed by quick relapses. The first trading in the new crop of 1905-6 was made to-day when October sold at 7.95 c, or at the same price as was then ruling for May of the present season. Liverpool is due to come unchanged in the morning. J. S. BACHES A CO.’S Dally Cotton belter to Hayrrnrd, Vick A Cos. New’ York, Dec. 13.—The present situation reminds one more strongly every day of the state of affairs during last summer, when speculation Was exceedingly bearish and market was sustained by the steadiness of spot cotton. Then it was a case of very little cotton actually on hand, now it is a case of unwillingness of interior holders to accept a lower level and the apparent willingness of spot buy ers to take moderately from available supplies at present prices. The situa tion last summer culminated in ad vance from 9% to about 11c. The pres ent deadlock will also culminate in a substantial one way or the other. At the moment speculation takes the ground that with Wall street demoraliz ed, the world accepting the govern ment estimate of the crop as meaning 1,000.000 bales over actual require ments, the planter is bound to pre pare within the next two months for spring work, the situation flavors a break. There is a considerable element who combat this view in the matter of argument, but the market is receiv ing very little bull support and de pends on the covering of shorts who oversell themselves for its reactionary periods. For ourselves, we believe that the mills of the world would buy all this crop around 9 or 9%c a pound if they could not get it cheaper and did not feel certain of the size of the crop. WARE A LCLAXD . Say There Is Nothing Yet to Show Crop as Large ns Estimated. New York, Dec. 13. —When traders went, home last night they were pre pared for a weak Liverpool this morn ing, and a break through 7.50d for January, the previous low figures. But for some unexpected reason Liverpool steadied and finally closed some 5 points higher than last night. The re covery abroad is doubtless due to less demoralization in the South, and to the fact that those who tried to depress the market have been taking in some shore cotton. As the market did not break there was every inducement to buy moderately at the opening. Be fore long prices recovered 10 points. On the rise cotton came out, but the tone showed some reslstence in the face of efforts to bring about another break. Receipts 'are moderate, and there is nothing yet to indicate the crop is going to prove as much as the government says. We can have a big crop grown and only 11,600,000 would come into sight. This is the stumbling block. It may cause a gentle unheaval later. As far as the present market goes we would not be short here. When January breaks 7.50 c, then it will be safer to sell short than It Is 16 points higher. As long as the market holds steady there will be - Inducements to holders to hold on and this favors a rally rather thfan a break. generaTmarkets. New York, Dgc. 13.—Flour, barely steady, with demand light. Rye flour, slow. Buckwheat flour, steady. Corn meal, easy; fine white and yel low. $1.30@1.35. Rye, nominal. Bailey, dull. Wheat, spot, easy; No. 2 red, 31.16% f. o. b. afloat. Options opened firmer. With the exhaustion of shorts, how ever, prices reacted and In the after noon became heavy. Last prices were %@%c net lower. May. sl.lO 13-16; July, 31.02%; December, 31.15%. Corn, spot, easy; No. 2,62 c. Op tion market was dull all day and eventually weaker with wheat, closing %@%c net lower. May, 50%c; Decem ber, 54%e. Oats, spot, quiet; mixed oats, 26@32 pounds, 34%@35%c. Beef, firm; wamtly, 310.50@11.00; beef hams, 322.00@23.50. Cut meats, quiet; pickled hams, c. Lard, quiet. Pork, barely steady. Tallow, quiet. Rice, steady. Coffee, spot Rio, steady; mild, firm. Sugar, raw. firm; refined, firm. The murket for coffee futures opened steady at unchanged prices to an ad vance of 5 points and closed steady at an advance of 6@lo points. Sales, 74,- 000 bags. Potatoes, firm; Long Island, 31.75@ 2,00; state and Western, 31.35@1.65; Jer sey sweets, 32.00@3.50. Peanuts, steady; fancy handpicked, 5%@5%c; other domestic, 3%@5%c. Cabbages, easy; flat Dutch, per 100, 32.00@3.00. Cotton by steam to Liverpool, 12® 15c. Butter, quiet, unchanged. Cheese, firm. Eggs, steady, unchanged. CHICAGO MARKKTI. Chicago, Dec. 13.—Liquidation by large interests was responsible for a drooping market to-efay In the wheat pit. At the close. May wheat was off %@%c. Corn Is down %c to l%c. Oats and provisions are unchanged. The leading futures ranged as fol lows : Opening. Highest. Lowest. Closing. Wheat, No. a— Dec. . 1 06% 1 07% 1 06% 1 06% May ..I o*% 1 10% J 08% 1 08% July . *B% 98% 97% 98% Corn, No. 3 Dec. ...87% 47% 46% 46% May . . 44% 44% 44% 44% I July . . .46 43 44 % 44% SPIRITS FIRM AGAIN BIT AT LOSS OF 1-4 CENT FROM FOKMKK CLOSING. SOME FACTORS HOLDING RECEIPTS UNUSUALLY LARGE FOR THIS TIME OF YEAR. Rosins Opened and Closed Firm With Some Changes in Prices of Commons— Snles at Opening Heavy, Amounting to 2,020 Barrels—Re adjustment of Prices for Commons Took Place in Late Trading. The spirits of turpentine market maintained its level yesterday after opening firm at 47% cents, a decline of %-cent from the close of the day be fore. The sales at the opening were 358 casks. None was posted at the close. In the late trade several sales were reported at the market’s closing price, though there are still factors who believe this too low and so are holding their receipts. The receipts for the day were pretty heavy for this season, amounting to 740 casks. The shipments were 204 casks. The rosin market opened firm and unchanged from W. W. to K inclusive, but with many variations in the prices of the commons and the general trend of changes being in the advance of prices to an outside figure 2% cents above the quotations of the former close. The sales at the opening were 2,520 barrels. The close was firm and unchanged and without additional sales. In the post market trade there was a considerable changing of prices among the commons evidently with a view of getting the various grades on a parity with each other, as in this re gard they have been considerably jumbled in the last few days. Sales were made at a decline of 10 cents on I, 2% on H, at the outside on G and F. at a decline of 5 from the outside on E, inside on D, and quotations for C B A. The receipts for the day were 3.953 barrels, and the shipments, 1,521. 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 740 3,083 Receipts previously 157,962 477,146 Total .-..165,197 524,779 Exports yesterday 204 1,521 Exports previously 130,038 466,902 Total 130,242 466,902 Stock yesterday 34,955 57,877 Stock previously 12,048 76,973 Tester- Day Be- Last day. fore. Year. Tone ,| Firm. Steady. | Firm. Spirits | 47% 47% 1 56 Sale's_ 358 102 688_ Rosin ,| Firm. Firm._ Firm. W. W. 5.15 6.15 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 2.80 I. i 3.40 3.35 2.55 H 2.82% 2.80@2.82% 2.35 G 2.62%@2.65| 2.62% 2.25 F 2.57%@2.60! 2.57% 2.20 E 2.57%@2.60 ! 2.66@2.57% 2.20 D 2.52%@2.55! * 2.52% 2.20 C. B, A 2.52%| 2.52%j 2.20 Sales 2,5201 1,4841 284 IN OTHER MARKETS. New York, Dec. 13.—Rosin, dull; strained, common to good, $2.85@2.87%. Turpentine, steady. Charleston, S. C., Dec. 13.—Turpen tine and rosin, nothing doing. Wilmington, N. C., Dec. 13.—Turpen tine, steady, 47c; receipts, 25. Rosin, firm, $2.45; receipts, 325. Tar, firm, $1.80; receipts, 244. Crude turpentine, firm, $2.30 and $2.60. Receipts, 88. New Orleans, Dec. 13.—Receipts, rosin, 514 barrels; turpentine, 69. Ex ports, Liverpool, turpentine, 150. LUMBERMARKET. 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 614,525 Week 822,653 1,351,982 Month 3,652,968 3,203,943 Since July 1 36,904,314 34,929.114 Where Shipped— Foreign 2,294,444 3,107,070 Baltimore 9,635,110 4,309,882 Philadelphia 4,808,918 5.815,998 New York 19,321,586 10,337,089 Boston 600,531 1,167,206 Other ports 253,410 10,192,669 Oats, No. 2 Dec. . ..2874 28*4 2874 28% May . ..30% 30% 3074 30% July . ..30% 30% 3074 3074 Mess Pork, per barrel — Jan. 312 35 sl2 35 sl2 3274 sl2 35 May 12 6274 12 70 12 60 12 65 Inrd, per 100 pounds— Jan. 6 8274 6 8274 6 80 6 8274 May 705 7 0774 705 705 Short Ribs, per 100 pounds— Jan. 6 4274 6 45 6 40 6 4274 May 665 670 6 6274 6 6774 Cash quotations were as follows: Flour slow; No. 2 spring wheat, $1.06® 1.14; No. 3, $1.02@1.12; No. 2 red, $1.10740113%: No. 2 corn, 46%@46c; No. 2 yellow, 4674 ®46%c; No. 2 oats, 3074®3074c; No. 2 white, 30%®3174c; No. 3 white, 29%e; No. 2 rye, 75c; good feeding barley, 3904074 c; fair to choice malting, 41®48c; No. 1 flax seed, $1.16; No. 1 Northwestern, $1.24; prime tim othy seed, $2.70; mess pork, per bar rel, $11.1274®1125; lard, per 100 pounds, $7.50®7.6274; short ribs sides, (loose), $6.2506.50 short clear sides, (boxed), $6.6274 06.75; whisky;, basis of high wines, $1.24; clover, contract grade, $12.50. Receipts.—Wheat, 125.900 bushels; corn. 1.016.600 bushels; oats, 199,600 bushel*. HUY GOOD* MARKET. New York, Dec. I*.—The dry goods market presents no new features, but there ta every evidence of firmness on the part of seller* who do not view th* situation a* at all discouraging. The Jobber la experiencing an indifferent trade, aa 1* natural at this time of year. I‘OTTOS OKED OIL. New York. Dec. ll.—Cotton seed oil wao moderately active at lower priro* Prime crude i. a. b. mttla. 11916 . prime summer yellow, 3(036%*-, off euaunor yellow, nominal: prime white, W9l9c, prime winter yellow, Mb FLORIDA COTTON ALL HARVESTED. The Remnant* of the Crop Hoaseit This Week. Jacksonville, Fla., Dec. 13.— Section Director A. J. Mitchell, in his weather and crop report for the week ended Dec. 12, issued to-day, says: “The remnants of the cotton crop were housed during the week, and dig ging sweet potatoes and making syrup was finished in northern and western districts. In some parts of the central district the sweet potato and cane crops are about gathered, while in other places they are largely in the fields. The weather has been favorable for all work, and farmers seem to have all crops well in hand. Orange shipping continues brisk in most dis tricts. The winter crop of pineap ples is being shipped rapidly and is of good quality. Vegetables are beginning to come into market from the central district and are being shipped from the southern district. As yet the weather has not been cold enough to damage anything in the central dis trict. The vegetable crop is not so well advanced at this time as during former years, but the prevailing fa vorable weather enables farmers to cultivate more intensively. The need of rain over detached portions of the central district continues. The week closed with fair weather over the northern and western districts and with showers indicated over central and southern portions of the state.” TO BEAT GOVERNMENT. On Cotton Heportu <i inner* Want to Organize. Dallas, Tex., Dec. 13.—A meeting of cotton ginners is to be held in Dallas Dec. 19 for the purpose of organizing a National Ginners’ Association. One purpose of the organization as set forth in the call will be collecting from the gins at stated intervals in formation as to the number of bales ginned and in this way by the use of a code members of the association will be able to ascertain three days ahead of the government report the amount of cotton ginned. Owing to the large number of gin ners in this section it is believed by leaders of the movement that a large attendance will be had at the first meeting. Garbult nml Goddard Case Decided. Brunswick, Ga., Dec. ft.—Judge Max Isaac has handed down his decision in the case of W. M. Wiggins against Garbutt and Goddard, bankrupts in the bankrupt court overruling the ob jections filed by Wiggins to the appli cation of the trustee for permission to sell the assets of the estate. The controversy arose out of the sale by Wiggins to Garbutt and God dard of $7,000 worth of property at Fendig, in Wayne county, upon which Garbutt and Goddard 'had paid about $2,000 in cash a'nd gave their notes for the balance and promised to have the notes indorsed by indorsers acceptable to Wiggins and after purchasing the property and running the sawmill thereon for some time realized that they could not pay for the property, because the business was a failure, and therefore did not have the notes Indorsed as promised. About six months after they pur chased the property Garbutt and God dard filed their petition in bankruptcy and the trustee sought to sell the prop erty. Wiggins filed his objection to the same and asked that the sale from him to Garbutt and Goddard be set aside and declared null and void, because Garbutt and Goddard had fail ed to comply with their promise to have the notes indorsed. STRUCK BED OF GRANITE. Effort to Find an Artesian Stream Under Columbus Failed. Columbus, Ga., Dec. 13.—The boring of Columbus’ first artesian well came to an end to-day, when the drill struck hard granite at the depth of 146 feet. This is thought to be the granite bed supposed to underlie the entire city. Another test well will be sunk at a point a few hundred feet south of this well. COAL TRESTLES BURN. Buffalo, N. Y.. Dec. 14.—At 3 o'clock this morning the immense coal tres tles of the Buffalo Creek Railroad at Tift Farm, on the southern city lim its, were discovered to be on fire. Word was sent to the city and an engine and truck were dispatched to the scene. It was impossible to reach the fire with the engine hose and the fire tugs could not get up the creek on ac count of shallow water. The trestles were destroyed. SOME OF THE SOLDIERS ARE WITHOUT SHOES. Mukden, Dec. 13.—Telegraphic re ports and extracts from newspapers picturing the Russian army as a bare footed mob have been received here. Although there are occasional cases of this nature, the condition is by no means general. In the summer many went barefooted in the wet ground and rivers, but now all have shoes and nearly all have fur coats. Some few reservists sell their outfits for drink, but the number is insignificant. Wrlghtaville Hunk Suspends. Wrtghtsville, Ga., Dec. 13. —The Citizens’ Bank of this place has sus pended business. J. E. Linder, the owner of the bank, attributes his mis fortune to the heavy decline In cotton, having on hand something like 2,000 bules at high prices. Since the announcement of his sus pension he has paid his depositors 310,- 000, having on hand $53,000 in deposits at the close of business last Thursday. It Is the general opinion that he will pay all creditors In full and will do so without carrying his business in the courts. All depositors appear to be perfectly satisfied and willing to wait on him to make the necessary arrange ments. Leoncavallo Recalled. Berlin, Dec. 13.—The stage of the Royal Opera House was piled with wreaths of laurel as Ruggerio Leon cavallo was recalled for the last time to-night after the production of "Der Roland Von Berlin.” Emperor Wil liam stood up In his box applauding and the brilliant International audi ence cried “Bravo." The critics think Leoncavallo has equalled his best work. Of the 1,446 seats In the house 1,146 had been reserved by the Emperor, The opera was richly staged at the Em peror's private expense. The Em peror Is commonly supposed to have spent 126.000 on this production. Woodward Mode ('resident, Washington, Dec. U,—Dr. R. fl. Woodward, dean of the faculty of pure sciatica at the Columbia University of New York city, to-day was elected president nf the Carnegie Institute by the board of trustees. He succeeds Dr. D. C. Gilman, the former president of Johns Hopkins University. Among the projects taken up by the Institute was one for the establishment of a depart ment of egperlmentsl biology, with one slat loti <m Dry Tortuga*. A SOLID CAR 300 Boxes Indian River Oranges arrives on Prices right. Sizes right. ACUBI IPU P, DDf) Wholesale Grocers and Liquor Dealers 1 LimUun CL DnU.t iii-113-ns Bay Street, West. THE CHASM ARMING SUPPiTcoT 126-130 Bay Street, West. JOBBERS. BATII ROOM FIXTURES. SANITARY PLUMBING GOODS, WROUGHT IRON PIPE. FITTINGS, etc. All supplies for STEAM. WATER and nag. Sole Agents for the celebrated HUXL. EY VALVES. Wool. Hides, Wax, Raw Furs and Skins. Write for Prices. D. KIRKLAND, 415 TO 421 ST. JU LIAN STREET. WEST, ANXIETY WAS KEEN. Wall Street Knew Not What the Uny Would Bring Forth. New York. Dec. 13. —It is no exag geration to say that Wall street begun to-day with more anxiety than it has shown since the May panic of 1901. Reasons for this feeling were plen'y, chief among them being the absolute collapse of the market at yesterday's close, revealing weak spots in unlook ed-for places. Attracted by the previous day’s events, the ga lery of the Stock Ex change held a large crowd of onlook ers. The floor was crowded with mem bers, many of them old-timers who seldom appear there, save on momen tous occasions. The subdued noise which prevailed at the opening broke into a rpar at the first sound of the chairman’s gong. The greatest crowdl were again around the Amalgamated Copper and United States Steel trading posts, where brokers fairly mauled one another in their efforts to execute or ders. The market was strongly supported. London traded both ways, but” proba bly sold 20,000 shares on balance. The story was told that just before the opening here 25,000 shares of United States preferred were dumped on the London market, the object apparently being to depress prices here. London doubtless sold back all this stock at a profit. One room trader is said to have bought 15,000 shares of Steel preferred, which he sold at a profit of 1% points. Numerous similar quick “turns” were probably made on a smaller scale. The recovery conveyed the theory that the greater part of the liquida tion by weak interests has been com pleted. The buying power, in the judgment of onlookers, was of a bet ter quality than 'had been seen since the beginning of the decline. Another chill pervaded the stock market in the last hour, when Amalga mated Copper, after selling up more than 5 points over East night, suddenly relapsed 2%. Support was again forth coming of the same character as that which protected the earlier market. Some sharp rallies resulted, and in a few cases prices ran up higher than be fore. 1 LOANED MRS. CHADWICK 1 1 When He Had Gone to Collect n Debt 1 from Her. New York, Dec. 13.—“1 was a lamb and I regret to say that for fifteen days I believed in Mrs. Chadwick, and was one of her many victims,” said ex-Judge William M. K. Olcott of a law firm of which ex-Gov. Frank S. Black is a member, to-day. Judge Olcott said Mrs. Chadwick paid him SSOO for one day in Cleveland. “Mrs. Chadwick, in that slow, im pressive manner of hers, said to Gov. Black and me: ‘I am a very rich wom an. I bave $5,000,000 in a trust fund.’ We were naturally impressed. In or der to make good her statement she produced Xri Reynolds' certificate for the $5,000,000 of securities held by him. This naturally led us to believe that the woman spoke the truth.” Judge Olcott went to Cleveland to settle a claim against Mrs. Chadwick for $78,000. He was unable to do any thing, but Mrs. Chadwick borrowed $1,500 from him, which she did not repay until he demanded It on threat of legal action against her. Judge Olcott con cluded: "I cannot reveal the secrets of my client, but I want to say that she gave me reasons for the inception of the trust fund which have not yet been told, which impressed both Gov. Black and myself, and which I am not at liberty to disclose.” DR. CHADWICiTrEADY TO COME TO HIS WIFE. She Declined His Offer. Saying He . Could Do No Good. Cleveland, 0., Dec. 14.—The Plain Dealer this morning prints the fol lowing cable correspondence between Mrs. Cassie L. Chadwick and her hus band, Dr. Leroy S. Chadwick, who is I now in Paris. Dr. Chadwick cabled as follows: “Can I be of any service? If so, I. will take the first steamer. Keep up courage." Mrs. Chadwick’s reply was: “Don’t come. You could do no good. Thanks for offering assistance.” GREENE~WANTED TO GET AT LAWSON. New York, Dec. 13.—Wall street was j to-day discussing the possibility of a meeting between Col. William C. Greene of the Greene Consolidated Copper Company and Thomas W. Law son of Boston, Col. Greene having an nounced In several morning newspa per advertisements that he was going to Boston to confront Mr. Lawson, whom he blamed for the recent crash In copper stocks. It was positively stated, however, that he would not go to Boston to-night. During the day. when a rumor that he had lost control of the Greene Con solidated Copper Company was circu lated, Col. Greene sent out s signed statement In denial, claiming thut he and his friends held a majority of the stock. 6hsl Hy Mia Brother. Aragon. Ga., Dec. IS.—Will Howell of this place wal accidentally shat yes terday morning by his brother, Jim Hewell. The laiier was shooting at • tar get with a >2 calibre rule, and Will Hewell waa at the bam (reding the I ato<k. when a bullet struck some ob ject and glanced. The bullet entered Juet below the heart, and haa not yet been located The around la vary aerioua, and hie recovery la IwWful WENT AFTER HIS BRIDE: FOUND HER WEDDED. Berrien County Girl Who Plnyeu Double in the Marriage Game. Tifton, Ga., Dec. 13.—A former Tif ton young man. who was engaged to be married to a girl in a town not sixty miles from Tifton, Monday was deprived of entering into his contract by the young lady marrying the young man’s rival the afternoon be fore. The young man has lately resided in a neighboring county, where he holus a responsible position, and was in Tif ton Monday, having left home to go after his girl. After arriving here he was notified that his betrothed had been married Sunday afternoon, and would pass through Tifton on the Georgia Southern northbound train Monday on her bridal trip. The young man collapsed at this news, but was game enough to meet the train, and get a good look at the couple as they passed thioug'n. FISSI IIES OPENING I P. Dense Volumes of Gun Emitted In the Oil Field. Houston, Tex., Dec. 13.—Reports re ceived from the Humble oil field state that $30,000 damage has been done dur ing the last twelve hours by blow outs or fissures opening in the ground, and emitting dense volumes of gas. Prac tically every rig erected within the past days has been damaged or de stroyed. Mud is blown from the fis sures, and the wells and covers several acres of ground several inches in thick ness. Tile Vote in Tennessee. Nashville, Tenn., Dec. 13.—Following is the official vote in Tennessee for presidential candidates: Parker electors, 131,653; Roosevelt, 105,369; Watson, 2,491; Swallow, 1,889; Debs. 1,354. The total vote of the state was 242,755. 7 THROUGH TRAIN SERVICE TO CALIFORNIA AND ALL PRINCIPAL POINTS WEST via Union Pacific SHORTEST ROUTE FASTEST TIME SMOOTHEST TRACK] Electric Lighted Trains Daily. Inquire at J. F. VAX RENSSELAER, 13 Peachtree St., K ATLANTA, GA. § Lumbermen Supply and Equipment Go. The newest thing in Dry Kilns. Dries Lumber in 24 hours. Costs less than others. Vulcanite Roofing. Steel Split Pulleys. BRENNAN & CO., WHOLES AI.K Fruit, Produce, Hay, Grain, Etc. 122 Bay Street, West Telephone 888. Don't Forget 'Tin- mot skilled liihor nnd bent ma terials are used by us, yet our prices are moderate.. Sheet metal work of all kinds, IlK’ludlnK Ventilators. Drums. Smoke Stacks nnd Blow Pipe Systems. I.sl I mates free. Savannah Blow Pipe aud Exhaust Cos., P. O. Bos 11*1. Bell Phone, "iI:!-.*>I.'i l.lbcrty street, east, Savauunli. (in. I'IIOI'OS4I.S WAITED. IT. H. KNtiINKKIt OWCE. HA varinah, <la., Nov. u, |to(; sealed pro poaala for building a coaling wharf lit fiavanifah harbor. Georgia, will b received at this office until It noon, (Kaatern fftanderd Tiin*j, Dec. U. l*ot, end then publicly opened epeclffce uona blank forme, and all available Information wilt tie furnished an appli cation to Utii office, tan.ee |, Qtlut. lieutenant telenet, Ceipa ef Engtf.eeie.