Newspaper Page Text
10
SPOTS HOLD PRICES
AND SOME FACTORS WILL NOT
SELL. AT lOTATIONS.
NOT MUCH NEW BUSINESS.
MAT BE SOME LARGE CONTRACTS
FpR DECEMBER SAILINGS.
Thin Brliff Sireitßlltened By Iwirßf
Amount of Tonnagf to Arrive nt
Savannah This Month—The Re
mand or Lark of Demand Within
file Nest Week or Ten Days Will
Show Whether Present Priees Con
Be Maintained By Spot Holders.
AT THE CLOSE.
FUTURES.
Liverpool, Bto Points Loner.
New York, 3 to 0 Points Lower,
New Orleans, 3 Points Higher to 1
Lower.
SPOTS.
Liverpool. 9 Points Lower.
New York. 3 Points Lower.
New Orleans, 1-ltie Lower.
Savannah. I'nehnaged.
Prices in the local spot cotton mar
ket, like Banquo's ghost, will not down,
at least the fluctuations of the futures
markets in the last few days Wave
failed to cause any decline in the spot
market at Savannah. Yesterday the
opening was quiet, and easy, but at un
changed prices, and this tone and these
prices were maintained throughout the
day. Sales were again light, but much
larger than those of the previous day.
It is understood that such trading as
was done was on the basis of the mar
ket quotations, for no factor is seling
at a lower basis, and many of them
are asking higher prices.
The tone, prices and sales for the day
follow:
Open- | 1 Clos-
ing. [o’clock, ing,
Good middling. 7% 7% 774
Middling 7% 7% 7%
Low middling . 7% 7% TV,
Sales 25 | 150 ....
* Quiet and easy.
Total sales yesterday, 175.
Time, 1 p. m„ day before, 175.
It is admitted that there is little new
business, but it is believed that there
are a good many unfilled contracts
made earlier in the season, which must
be filled shortly, a belief that is
strengthened by the large amount of
tonnage that has been booked for this
port, the greater part of which will
arrive this month. The call for this
cotton will, it is believed, show pretty
clearly whether or not the demands of
shippers are large and therefore
whether or not the spot holders will be
able to control the sitifatlon.
The local f. o. b. market opened easy
at 7%c, asked, basis good middling,
and closed quiet, at 7 13-16 c.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday.
„ , 1:00 I Tear
qr*d<- p. M. I Ago.
Good middling 7% 112%
Middling 7% ,
Low middling '.. 714 1 12
T '- ne _| FlrmT
*Quiet and easy.
Sales yesterday, 176.
Exports—
Foreign . 7,566
Foreign for searon .. 7 703,387
Lait year 528,172
Coastwise 3,755
Coastwise for season 258,308
Last year 172,442
Receipts yesterday 7|,36l
Last year 9’mo
Year before last 8,844
Receipts since Sept. 1 1,092^048
Receipts same time last year .. 818,242
Stock yesterday 143,188
Stock last year 120,373
Receipts and Stocks at all Ports—
Receipts yesterday 47,555
Same day last year 56,309
Same day year before last .... 39,826
So far this week 341,441
Last year 306.454
Tear before last 263,168
Receipts since Sept. 1, 1904 5.325,446
Last year 4,638,029
Stock at all ports yesterday ...1,030,239
Stpck same day last year 887,789
Sea
Receipts Past Week— Upland.lstund.
C. of Ga 31,238 463
S„ F. and W 5,889 1,487
C. and S 3,292
Southern 4,214 179
S. A. L 7.946 898
Savannah river steamers. 106 ....
Beaufort and other steam
ers 34 ....
Carts 6 ....
Totals .. 52,725 3,027
Exports—
Great Britain 12,672 14
France 4,541 120
Continent 13,684 ....
Coastwise 12,516 2,082
Interior ....
Totals 43,413 2,216
DAILY COTTON MARKET.
Port Movement—
Savannah—Eusy; middling, 7%; net
receipt*. 7,349; gross. 7,361; sales, 175:
stock. 143,188. Exports—France, 4,661;
continent,>2.9os; coastwise, 3,755.
Oalveeton —Quiet; middling, 7 11-16;
net receipts, 6,976; gross. 6,976; sales,
128; stock, 208,519. Exports—France,
12,462; continent, 100.
New Orleans—Easy; middling, 784;
net receipts, 10,094; gross, 10.694; sales.
4,200; stock, 422,441. Exports—Coast
wise, 618.
Mobile—Quiet; middling, 7%; net re
ceipts, 856; gross, 855; stock, 69,018. Ex
ports—Continent, 100.
Charleston—Quiet; middling, 7%; net
receipts, 1,477; gross. 1,477; stock. 30,-
668. Exports—Coastwise, 685,
Wilmington—Steady; middling, 784;
net receipts, 812; gross, 812; sales. 35.
stock. 7,908. Exports—Coast wise, 289.
Norfolk—Net receipts, 1,650; gross,
1,650; stock. 27.936.
Baltimore—Nominal; middling, 7Tfc;
net receipts, 1,245. gross. 1,245; stuck.
1.691. Exports—Orest Britain, 6,450.
continent, 4,699
New York—Quiet; middling, 7.95; net
receipts, 771; gross. 7,166. sales, 100;
stork, 96,666. Exports—Continent, 267
Boston Quiet, middling, 2, net re.
tsipts, 969 gross, 2,697. Exports tire*!
Brit sin. 4.917.
Philadelphia Quiet; middling. 110
net receipts, 99 groe*. 99. Stock. 6,967.
Bruns* Irk Net receipts, 14.921 gross
MIAM, Stor k. 16,402 Report* -Cooet
*de, Ito
Jacksonville Not rsotfil 294 grueo.
9*4 9 sor|o-45u00< wlos, 294
Mmmyrni Mess Mel receipts, Ml,
iWI 1 1 1
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,
104 Bay. East. Savannah, Ga.
gross, 242; stock, 50. Exports—Coast
wise. 192.
Port Townsend—Net receipts, 1,335;
gross, 1,335. Exports—Japan, 1,335.
Miscellaneous—Net receipts, 1,890;
gross, 1.890.
Total To-day, at All Ports—Net re
ceipts, 47,578; exports, Great Britain,
10,367; France, 17,123; continent, 7,961;
Japan, 1,335; stock, 1,030,239.
Consolidated, at All Ports—Net re
ceipts, 341.534; exports, Great Britain,
128,183; France, 32,273; continent, 139,-
166; Japan. 6,622.
Total Since Sept. 1, at All Ports—
Net receipts, 5,325,446: exports. Great
Britain, 1,883,189: France, 407,726; conti
nent, 1,426,345; Japan, 44,610; Mexico,
12,364.
interior Movement—
Houston —Quiet; middling, TANARUS%; net
receipts, 8,749; gross, 8,749; shipments,
7,688; sales, 1,017; stock, 98,538.
Augusta—Steady; middling, 7 9-16;
net receipts, 1,275; gross, 1,303; ship
ments, 1,024; sales, 404; stock, 96,212.
Memphis—Quiet; middling, 7%; net
receipts, 3,658; gross, 5,953; shipments,
5,535; sales. 1,750; stock, 140,224.
St. Louis—Quiet; middling, 7%; net
receipts, 1,400; gross, 4,797; shipments.
3,397; sales, 50: stock, 33,567.
Cincinnati—Net receipts, 2,544; gross,
2,544: shipments, 1,173; stock, 5,112.
Louisville—-Firm; middling, 8; net re
ceipts, 260; gross, 260; shipments, 45;
sales, 165; stock, 85.
Total To-day—Net receipts, 17,886:
gross, 23,606; shipments, 18,862; sales,
3,386; stock. 373.738.
Weekly Interior Cotton Towns—
Albany—Receipts, 1,009; Shipments,
349; stock, 7,012.
Athens—Receipts, 1,982; shipments,
2,370; sales, 20; stock. 24,910.
Atlanta—Steady; middling, 9%c; re
ceipts, 3,775; shipments, 3,534; stock,
13,986.
Brenham—Receipts, 514; shipments,
77; stock, 3,725.
Charlotte—Quit - middling, 7%c; re
celpts, 280; snipmenis, 2so.
Columbia—Receipts, 995; shipments,
995.
Columbus, Ga.—Steady: middling,
7%c; receipts, 3,390; shipments, 1,833;
sales, 1,833; stock, 16,842.
Columbus, Miss.—Firm; middling,
6%c; receipts, 1,939; shipments, 1,982;
sales, 1,982; stock, 4,891.
Dallas—Receipts, 3,943; shipments, 2,-
363; stock, 8,557.
Eufaula—Receipts, 731; shipments,
336; stock. 7,012.
Greenville —Receipts, 440; shipments,
279; sales, 161; stock, 4,927.
Greenwood, S. C.—Receipts, 4,747;
shipments, 3,504; stock, 16,728.
Helena —Receipts,* 3,977; shipments,
6,105; stock, 23,154.
Little Rock—Quiet; middling, 7%c;
receipts, 7,324; shipments, 10,465; stock,
36,412.
Macon—Receipts, 2,131; shipments, 1,-
199; stock, 15,834.
Meridian —Receipts, 4,173; shipments,
3,376; stock, 22,351.
Montgomery—Quiet; middling, 7%c;
receipts, 6,013: shipments, 5,012; stock,
40,773.
Nashville—Steady; middling, 7%e;
receipts, 612; shipments, 375; sales, 375;
stock, 897.
Natchez —Steady; middling, 7%e; re
ceipts, 3,771; shipments, 3,037; sales, 2,-
510; stock. 14.859.
Newberry—Receipts, 207; shipments,
207.
Raleigh—Easy; middling, 7%c; re
ceipts, 127; shipments, 260; stock, 1,-
831.
Rome—Receipts, 909; shipments, 926;
stock, 5,994.
Selma—Receipts, 5,049; shipments, 3,-
923: stock, 22,799,
Shreveport Steady; middling,
7 7-16 c; receipts, 10,102; shipments, 9,-
467; sales, 2,982; stock, 37,322.
Vicksburg—Receipts, 5,151; ship
ments, 3,719: stock. 28,875.
Yazoo City—Receipts, 4,225; ship
ments, 3,267; stock, 22,523.
SEA ISLAND COTTON.
The sea island cotton market ruled
dull and easy during the week, ending
yesterday. The receipts were again
about 1,000 bags more than the corre
sponding week last season, but stocks
at interior points are reported small:
Fancy Floridas 20%@21%
Extra choice Floridas 18%@19
Choice Floridas 17 @IT%
Fancy Georgias 19 @19%
Extra choice Georgias 18 @lB%
Choice Georgias 17 @17%
Extra fine Ga.'s and Fla.’s ..14 @ls
1 1904.11903”.
Receipts, net 3,0881 2.221
Receipts, gross 3,027] 2,078
Sales 1,629: 1,356
Exports 2,216! 3,885
Stocks 10,906 6,611
Receipts season, gross ...... 35,263i30,161
Receipts season, net 36,131129,269
Shipments— |
Liverpool, direct 141 650
Havre, direct 120]
Havre, via New York 49
Manchester, via Boston .. 413!
Domestic, via New York... 1,6201 472
Manchester, direct 2,550
Domestic, via Boston I 213
"Totals ' .7...... j 272161
Charleston, 8. C.. Dec. 16.—Sea is
land cotton: Receipts this week, 1,024;
exports, 21. Bremen; exports, 595. coast
wise; exports. 49 Savannah, by rail;
sales, 820; stock, 3.066. Market quiet,
fully fine, 26c; extra fine, 27c.
NEW YORK BEARS
DEPRESSED PRICES.
New York, Dec. 16.—The cotton mar
ket opened steady at a decline of 2@
4 points in response to the lower ca
bles which reported a decline of some
7ftß points on futures, and of 9 points
on spot cotton. The large sales of
spots reirorted at the decline served to
offset the bearish effect of the lower
prices, and the market at the opening
was steadied by covering and some
months sold at a point or two above
the opening figures during the first few
minutes. But generally speaking sen
timent was bearish on reports that spot
cotton was weakening and expecta
tions that a bearish glnner*' report
would be Issued next week, while It
was also said that certain local bears
were looking for stop loss orders on
the long side, few points below the
previous low level of 7.50 c for Jan
uary. Al any rate there was consid
erable pressure, and in spile of cover
ing through commission house* for
over Hunday prici* worked down dur
ing the morning to a net decline of
■ bout d4S* point*. Around midday the
market was rallied slightly by the rov
DEMERE L HAMMOND. Brohers,
Phone* l|os Office No. 24 Btyan ktreet, bgt.
COTTON, STOCKS, BONDS. GRAIN AND PROVISIONS
Mwa flint* Mires ut te*ng fadangss
MMAI. AluUfcKJllfc* A IflKUm.
SAVANNAH MORNING NEWS: SATURDAY. DECEMBER 17. 1904.
ering of early sellers and advanced
to about the opening figures after
which it eased off a little, being Anal
ly steady at a decline of 3@6 points.
Sales estimated at 150,000 bales. The
official advices from the Southern spot
markets showed slightly lower quo
tations, but the tone was generally
steady, and it did not seem that there
was much selling pressure.
SPOT COTTON AT SEW YORK.
New York, Dec. 16.—Spot cotton
closed quiet 5 points lower; middling
uplands, 7.95 c; middling gulf, 8.20 c;
sales, 300.
Cotton futures at New York, Dec.
16;
Options, | Open.l Hlgh.l Tyvw.lCiose.
December . 7.51 7.53 7.47 7.5 U
January ... 7.57 7.60 7.53 7.56
February .. 7.65 7.65 7.63 7.63
March 7.74 7.78 7.70 7.74
April 7.82 7.82 7.80 7.80
May 7.85 7.89 7.82 7.86
June 7.90 7.90 7.90 7.91
July 7.98 7.99 7.93 7.96
August .... 7.94* 7.99 7.49 7.96
September
October 7.90
""•Bid.
Futures opened steady at the decline;
closed steady.
SPOTS WENT LOWER
AT NEW ORLEANS.
New Orleans, Dec. 16.—Cotton fu
tures steady: December, 7.47@7.48c;
January, 7.49@7.50c; February, 7.56®
7.57 e; March. 7.65@7.66c; April, 7.71 @
7.73 c; May, 7.78@7.79c; June, 7.83®
7.85 c; July, 7.85@7.90e.
Spot cotton in good demand, prices
easier; sales, 4,200 bales, including 500
to arrive. Quotations reduced l-16c.
Futures were very quiet throughout
the session. The first call ended with
prices 1 to 4 points down. Thereafter,
the market fluctuated but little. De
cember gained 7 points, closing 3 points
above last night's figures, while Jan
uary closed 1 point lower than yes
terday, and the other positions were
at last evening’s level.
LIVERPOOL COTTON MARKET.
Liverpool, Dec. 16.—Cotton: Spot in
good demand; prices 9 points lower;
American middling fair, 4.53d; good
middling, 4.29d; middling, 4.19d; low
middling, 4.07d; good ordinary, 3.93d;
ordinary, 3.73d. The sales of the day
were 15,000 bales, of which 5.000 were
for speculation and export, and includ
ed, 14,500 American; receipts, 17,000
bales, including 16,900, American.
Futures opened easier and closed
quiet; American middling, good ordi
nary clause; December, 4.08d: Decem
ber-January, 4.08d; January-February,
4.lid; February-March, 4.15d; March-
April, 4.19d; April-May, 4.22d; May-
June, 4.25d; June-July, 4.27d; July-Au
gust, 4.29d; August-September, 4.29d;
September-Oetober, 4.28d.
DEMERE & HAMMOND'S
Colton Letter from New York.
New York, Dee. 16.—The sales of 3,-
000 bales of spots additional after hours
yesterday in Liverpool and 15,000 there
to-day, checked for that time being
what threatened to be a bull stampede.
The hope of a bullish ginners’ report
had been so well fostered during the
early days of the week that quite a
number of buyers were attracted to
the market. The silence of Mr. Price
during the period led many to believe
that he looked for a contradiction of
Bureau’s figures. Of course there was
no warrant for this save his silence.
What that silence was broken confi
dence was shaken and there has since
been considerable unloading by longs.
Reports of weakening by spot hold
ers are coming in slowly from differ
ent sections. There is no general dis
position to press cotton for sale, but
there is undoubtedly some anxious of
ferings and as everybody is looking
for a break in the ranks of holders,
even a few frightened ones can se
riously sway public sentiment. Feeling
now regarding the ginners’ report is
veering towards the other direction,
and now there is as much fear that the
figures will be bearish as there was
hope a few days ago that it might
be bullish. The bear leaders are very
much in evidence, their predictions of
7 cents before Christmas are making
even the stubborn longs nervous. Fu
tures in Liverpool were decidedly
weak and closed 9 points lower than
last night. Spots also werq marked
down 9 points, but as we have seen,
with excellent sales. Of course, it can
be argued that big sales on a declin
ing market are a sure evidence of
weakness of holders, but it is grati
fying at least to find that the cotton
being unloaded is finding a safe lodg
ing place. Quite a striking feature of
big sales is the quantities being taken
for speculation and export, showing
that the continent is ready to stock
up at ruling prices. Looking squarely
at the situation, the bears seem to
have the better end for the present,
as it would require only a moderate
amount of selling by holders to cause
a sham decline.
Liverpool is due to come unchanged
to one higher in the morning.
J. S. DACHR A CO.’S
Dally Cotton Letter to Hayward,
Vick A. Cos.
New York. Dec. 16.—The market
shows resistance to pressure. Specu
lative sentiment this morning was
plainly bearish on the theory that the
gintiers' report, due to come toward
the middle of next week, would fully
confirm big crop estimates, that the
scattering reports of Increased spot
offerings In the South foreshadowed a
more general weakening of holders, and
that several good-sized stop orders had
been planted around the previous low
level which bear pressure might un
cover. Operations for a decline were
also encouraged by the bearishness of
the cables as concerned with Liver
pool future market, although the big
sales of spot cotton, amounting to
15,000 bales, at the decline of 9 points,
suggested that British spinners were
willing to lay In supplies at the cur
rent level. But after opening 2 to 4
points lower and Increasing, the loss,
to a matter of some 6 to 8 points under
hammering by local bears, the market
showed steadiness, and In the early
afternoon the tone was a little steadier,
the market having rather an oversold
appearance. To our mind the reports
of freer spot offerings have arisen
front the liquidation of a few scatter
ing holders at ports chiefly, and the
Interior situation Is without material
change. It remains to be seen what
influence the ginners' report will have
on holders.
M AKE A LKLAMD
Say Market of Last Meek One at
Most Itestrteteil of Neason.
New York, Dec. 16.—1n actual volume
of trading and In general Interest on
the part of the public, the market till*
week has been one of the most re
st rli ted of the season. Following the
decline to a Riels of 7(*o for January,
there wa* some short covering, more
or lew* buying of future* by spinner*
and some buying on the theory that a
rally might well be expected after so
extensive a decline. While not .large
in the aggregate, this proved sufficient
to cause several reactions from 15 to
30 points, but after each advance there
seemed to be pressure of one kind or
another, and this morning January
worked back to within 3 or 4 points of
the bottom. It is now a question
whether the movement will be on a
scale to cause weakness in Southern
market and so induce hedge selling
and bring about another break into
new ground. Yesterday’s reports of
weakness in the spot markets came
from speculative quarters in New Or
leans, and this city, but were with out
foundation, in fact the movement this
week has been about 75,000 bales over
last year, and present indications point
to an excess of something like 1,200,000
over last year on Jan. 1. In order to
realize the government figures of over
12,000,000 the movement after Jan. 1
must exceed last year’s by 1,000,000.
As the movement of June, July and
August is light, this means that dur
ing the five months, from January to
June, there roust come into sight on
an average of 200,000 in excess of re
ceipts during same time last year.
In order to bring this about the week
ly movement would have to exceed
last ye*ar by 40,000 or 50,000 bales, very
large figures when we get to the turn
ing point of the new year.
WEEKLY COTTON MARKETS.
Comparative Cotton Statement—New
York, Dec. 16. —For the week ending
Dec. 16.
Net receipts at all United States
ports during week 341,534
Net receipts at all United States
ports same week last year .. 306,454
Total receipts since Sept. 1 ..5,325,446
Total receipts 'to same date last
year 4,638,029
Exports for the week 306,244
Exports for same week last
year • 293,759
Total exports since Sept. 1 ..3,774,234
Total exports same date last
year 3,317,526
Stock at all United States
ports 1,030,239
Stock at all United States
ports same 'time last year .. 887,789
Stock at all interior towns .. 740,755
Stock at all interior towns same
time last year 507,932
Stock at Liverpool
Stock at Liverpool same time
last year 443,000
Stock of American afloat for
Great Britain
Stock of American afloat for
Great Britain same time last
year 328,000
New York, Dec. 16.—The following
statistics on the movement of cotton
for the week ending Dec. 16, were com
piled by the New York Cotton Ex
change:
This Last
Weekly Movement— Year. Year.
Port receipts 326,305 306,523
Overland to mills and
Canada 47,277 43,472
Southern mill takings
(estimated) 61,000 61,000
Gain of stoek at in
terior towns 19,775 5,993
Brought into sight
for the week 454,357 416,994
Total Crop Movement—
Port receipts 5,319,045 4,651,840
Overland to mills and
Canada 409,292 357,45 b
Southern mill takings
(estimated) 698,000 700,000
Stock at interior
towns in excess of
Sept. 1 652,376 465,776
Brought into sight
thus far for sea
son 7,078,713 6,175,067
Receipts Ports This Season—The fol
lowing table shows the receipts at all
United States ports, since Sept. 1, 1904,
and same time last year:
Since Sept. 1 1904. 19037“
Galveston 1,6047232 L60L091
New Orleans ..... 1,259,823 1,100,398
Mobile 185,487 147,855
Savannah 1,089,366 816,607
Charleston 155,996 132,087
Wilmington 250,730 278,287
Norfolk 392,143 295.379
Baltimore 12,282 7,591
New York 8,397 18,451
Boston 26,689 6,129
Philadelphia .. '. 3,448 3,328
Pensacola 85,697 68,179
Poitland, Ore 4,981 27
Brunswick 117,760 66,145
Newsport News 1,292
Port Arthur 58,884 25,476
Sabine Pass
San Francisco ........ 25,979 5,845
Port Townsend 17,881 14,560
Fernandina 600
Eagle Pass 1,350 8,057
Corpus Ch*-istl 9,061
Nogales .....| | 300
El Paso | 1,888 610
Laredo ( 6,292
Minor points | 9,821 . .. L -.
“Total |5,320,409 4^65L771
Receipts Ports Past Week. —The fol
lowing table shows receipts at all U. S.
ports for the past week and the corre
sponding week last year:
Galveston 94,931 101,980
New Orleans 96,627 83,758
Mobile 14,757 8,690
Savannah 55,752 53,128
Charleston 3,555 4,677
Wilmington 7,196 17,185
Norfolk 14,260 20,509
Baltimore 1,345 1,083
New York 3,097 1,859
Boston 6,556 509
Philadelphia 411 609
Pensacola 22,527
Brunswick 12,226 8,006
Newport News 242 805
Port Arthur 500
San Francisco 1,400 317
Port Townsend 5,222 3,139
Minor ports 1,337
Total 341,441 306,754
Stock of cotton at all ports Dec. 16,
1904, and on the same day of the week
last year:
Ports — 1904. ” 1903.
New Orleans 422,441 270,791
Mobile 69.018 42,183
Galveston 208,519 300,922
Savannah 143,188 12.073
Charleston 30,568 15,380
Wilmington 7,906 15,816
Norfolk 27,935 23,012
New York 96.555 70,779
Other ports 24,109 136.R33
Total 1.030,239 587.789
WORLD’S VISIBLE SUPPLY.
New Orleans. Dec. 16.—Secretary
Hester’s statement of the world's
visible supply of cotton. Issued to
day, shows the total visible to be
4.448.312. against 4.317.314 last week
and 3,761,849 last year. Of this the
ini.il of American cotton Is 3,-
778.312. against 3,676,314 last week
and 3.176,849 last year: and of all
other kinds. Including Egypt. Bra
zil. India, etc., 670,000. against, 641,-
000 last week and 585.000 last year.
Of the World'# visible supply of
cotton there Is now afic.il and held
In Great Britain am) Continental
Euro|>e, 2,226,000. against r.OOfi.ono
lasi year; In Egypt. 174,000, against
191,000 last year In India, 272,000,
against 142/100 last y4ir. and In
the United Wales, 1,776,000, against
1.424,000 last year.
hisiims weKHU *un*r\r.
New Orleans, Dec If. —Meeretery
Heeler'* weekly cation eis'emem is
sued to-day show* for the Nflltii day*
of flee ember an increase over |**t year
of iK.ooo *nd an mere**# over the same
period year before bust of 197.M0
For the 107 day# of the mhmi that
have elapaed the • **<*'• i* ahead
of lit* mm day* laai year, I.IAMM,
SPIRIIS ON A BOOM
MARKET JUMPED AT CLOSE FROM
47 3-4 CENTS TO 4K(g,-**>%.
LATE SALES AT OUTSIDE.
AND DEMAND STRONG ENOUGH TO
CLEAR AWAY.ALL OFFERINGS.
Receipts Light and Shipments Pret
ty Heavy Amounting to 5,605 Cashs.
Rosin Market Without Special
Feature—Decline of JM/j Centa on
Two Medium Grades at Opening.
Pales Brought Advances in Post
MArket Trading.
Another decided bull movement took
place in the spirits of turpentine mar
ket yesterday and as a result the mar
ket at the close showed a gain of from
% cent to 1 cent. In the late trad
ing all sales were at the outside fig
ure and there was a pretty lively de
mand even at that. The market open
ed at 47% cents, an advance of % cent
over the close of the previous day and
with reported sales of 60 casks. It
seemed that some of the trade were
in urgent need of supplies and willing
to pay to get them, with the result
that at 4 o'clock, when the market
closed, another 186 casks had been sold
at from 48 to 48% cents. The receipts
were 437 casks, and the shipments 5,-
695, unusually heavy for a single day,
and making a very appreciable shrink
age in the stocks. The New York
market was quoted quiet at 51% cents,
and London at 37—%.
The rosin market opened and closed
firm and with but little change from
the close of the day before. ' The
changes were a decline of 2% cents
on H and on G. Sales at the open
ing, which proved the total for the
day, were 2,169 barrels. In the post
market business sales generally were
made at an advance of 10 cents on
pales from K to W. G„ inclusive, and
of 2% cents on G. The receipts were
2,806 barrels, and the shipments 4,165.
New York was quoted dull at $2.85.
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 44.559
Receipts yesterday 437 2,806
Receipts previously 159,429 484,848
Total 166,361 532,204
Exports yesterday 5,695 4,165
Exports previously 130,578 466,939
Total 136,273 471,104
Stock yesterday 30,088 61,100
Stock previously 13,653 80,295
Yester- Day Be- Last
day. fore. Year.
Tone ,| Firm. | Firm. 1 Firtn.
Spirits. | 48@48%i 47% 56%
Sales ,| 246 I 294 177
Rosin .| Firm. | Firm. Firm.
W. W. 5.15 5.15 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
1 3.25 3.25 2.56
H 2.75 - 2.77% 2.35
G 2.57% 2.60 2.30
F 2.55 2.55 2.25
E 2.52% 2.52% 2.25
D 2.50 2.50 2.25
C, B, A 2.47% 2.47% 2.25
Sales . 2,169 2,955 1,767
WEEKLY NAVAL STORES MOVE
MENT.
Spirits.
1904-1903.
Stock April 1 6,495 1,241
Receipts past week 2,662 3,473
Receipts previously .....157,204 173,213
Total 166,361 177,927
Exports—
Foreign 60,831 84,666
New York 38,342 27,299
Coastwise and interior.. 37,100 52,309
Total 136,273 164,274
Stock 30,088 13,653
Rosins.
1904-1903.
Stock April 1 44,550 145,882
Receipts past week 14,928 19,347
Receipts previously 472,726 456,895
Total 532,204 622,124
Exports—
Foreign ..142,607 219,273
New York 88,661 64,598
Coastwise and Intmor. .239,836 257,958
Total 471,104 541,829
Stock 61,100 80,295
IN OTHER MARKETS.
New York, Dec. 16.—Rosin dulll. Tur
pentine firm. 51@51V£c.
Charleston. S. C., Dec. 16.—Turpen
tine, nothing doing. Rosin, nothing do
lng.
Wilmington, N. C. t Dec. 16.—Tur
pentine, firm, 47c hid; receipts, 28.
Rosin, quiet, 12.40; receipts, 444.
Tar, firm, $1.60; receipts, 190.
Crude turpentine, tlrm, $2.30 and
$3,60; receipts, 81.
New Orleans, Dec. If.—Receipts, ros
in, 69 barrels; turpentine, 15.
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. Sail.
Yesterday 253,610 448,831
Week 1,076,263 1.929,716
Month 3,906.578 3.781,677
Since July 1 37,157.924 35,506,848
Where Shipped—
Foreign 2,294,444 3.107,070
Baltimore 9.636,110 4.309.882
Philadelphia 4.808,918 6.393,732
New York 19,575.198 10.337,087
Boston .. 600,531 J, 167,206
Other (sirts 253,410 10,192,669
The total takings of American mills,
North Houth and Canada thus far for
the season have been 1,796,501, against
1,618.297 last year.
Htack* at the seaboard and the I wen*
ty-nln leading bout hern interior ren.
ter* have Increased during the week
26,672 bsles. against an Increase during
the - orreapondlng period last set, son of
51.976
Including •'. k left over al port*
and Iniarior town# from tbs last crop
and tlia number o' bale* brought mt,,
sigh' thus far ire* the new * rop tbs
supply to data la 1,1id. 1*6, sgsn-ie
Miff far tha mm parted taai yagr
CENT COTTON!
The grin that came on with cotton can be
overcome with “The smile that won’t come off,” by or
dering WHITE DOVE RYE WHISKEY. Best for the price.
Good enough for the best. Write for our Liquor Price
List.
A. EHRLICH & BRO.,
in-IIS Bay Street, west, - - - Savannah, Ga.
THE CHASMAR KING SUPPLY CO^T
126-130 Bay Street. West.
JOBBERS.
BATH ROOM FIXTURES, SANITARY PLUMBING GOODS, WROUGHT
mON PIPE. FITTINGS, etc. All supplies for STEAM, WATER and Gg
Sole Agents for the celebrated HUXt EY VALVES.
Wool, Hides, Wax, Raw Furs and Skins.
Write for Prices.
D. KIRKLAND,
415 TO 421 ST. JU LIAN STREET. WEST.
and ahead of the same days year be
fore last 1,249,000.
The amount brought into sight dur
ing the past week has been 464,483
bales, against 400,153 for the same seven
days last year, and 346,218 year before
last.
The movement since Sept- 1 shows
receipts at all United States ports to
be 5,325,446, against 4,548,147 last year.
Overland across the Mississippi, Ohio
and Potomac rivers to Northern mills
and Canada, 414,519, against 353,769 last
year; interior stocks in excess of those
held at the close of the commercial
year, 663,177, against 467,937 last year;
Southern mill takings, 793,000, against
720,715 last year, 723,846 year before
last.
The total movement since Sept. 1 is
7,196,142, against 6,090,568 last year.
Foreign exports for the week have
been 296,081, against 210,596 last year,
making the total thus far for the sea
son 3,809,851, against 3,223,752 last year.
GENERAL MARKETS.
New York, Dee. 16.—Flour quiet.
Rye flour steady.
Buckwheat flour slow.
Corn meal steady.
Rye nominal.
Barley easy.
Wheat—lrregular; No. 2 red, nomi
nal. Options partly %c net higher;
May, $1.12%; July, $1.03%; December,
$1.17%.
Corn firm; No. 2,62 c asked elevator.
Options %@%c net higher; May, 51%c;
December, 55%c.
Oats dull; mixed, 34%@35c. Options
nominal.
Beef firm.
Cut meats quiet.
Lard steady; refined steady.
Pork steady. *
Tallow firm.
Rice steady.
Coffee—Spot Rio firm; No. 7 invoice,
B%c; mild firm; Cordova, 10@13c.
Futures closed steady at a net ad
vance of 10@15 points. Sales 187,250
bags.
Sugar, raw, steady; refined firm.
Potatoes steady; Long Island, $1.75@
2.00; state and Western, $1.26@1.50;
Jersey sweets, $2.00@3.25.
Peanuts steadv.
Cabbages steady; Flat Dutch, per
100, $2.00@3.00.
Cotton by steam to Liverpool, 15®
20c. „
SAVANNAH’S CURRENT MARKETS
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 ask.
POULTRY —Market, weak; spring
ers, 30@40c per pair; three-quar
ters grown, 50@60c; hens, 75@85c. Tur
keys, 16c per pound; geese, $1.50 per
pair; ducks, 90c@$1.00 per pair.
EGGS —Country, 26c; Tennessee, 28c.
BUTTER—Tho tone of the market Is
firm. Quotations: Extra Elgin, 60 tubs.
26<?f27c; choice Elgins, 24@25c; New
y or k state, 23@23M>c; renovated butter
60-pound tubs, best grade, 23@23%c.
CHEESE —Market, firm: fancy full
cream cheese, 22@25-pound, 12V 2 @13c;
20@35-pound, 12%@12%c.
WHITE PEA BEANS—S2.4O busheL
POTATOES—S2.OO.
ONIONS—In sacks, $2.50.
SPANISH ONIONS—Per crate. $1.50.
CABBAGES—SI.SO crate.
TURNIPS—Per sack. $1.50.
Brradstnffs, 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
erits per sack, $1.45; Pearl grits, per
barrel, $3.40; city meal. $1.40.
Grain Markets.
QUANTITIES— Jobs. Cars.
No. 2 white corn 71 69
Mixed corn 70 68
OATS-
No 2 mixed 45
No! 2 white clipped 49 47
bran .1.35 1.30
Mixed bran J }-Jg
Cracked corn L&0 1.45
HAY— m „
No. 1 timothy 75
No. 2 timothy 80 88
Sugar.
Cut loaf 7.12
Cubes ••••••
XXXX powdered 6.27
powdered .. ••• ® -•
■pine srranuiatecl o.ii:
Confectioners' A * 5.97
White Extra C 0./i
RlCE—Market dull, fancy head, 4V4
@>sc; prime, 3V4©4c.
Good * @3V4
Fair 2H|3%
Common .
at>pt,ES—s3.oo to $3.50 barrel.
BAN AN AS —$1.75@2.00.
GRAPES— Malaga, $4.G0@5.50; Ja
maica orange, $3.25.
FLORIDA ORANGES—S2.7SO3.OO.
PRUNES— 208 to 30s, sl3; 30s to 40s.
10c 40s to 50s, Sc, 50s to I'.w. 7Vj c, 60s
lo 70s 6%c; 70s to 80s, 6c f!os to 90s.
sue 90s to 100s, 4Vic.
PEANUTS— Ample stock, fair de
mand; market firm; fancy hand-picked
Virginias, 7c; N. C. peanuts. 6Vic; ex.
Virginias, 6c.
NUTS—Almonds. Terragona. 14Vic;
Ivicas. 12H<-: wsinuto, French. 12* C ;
Naples. 14Vic; pecans. 10c; Brazlly,
atic Alberts. 11c; assorted nuts, 50.
Mural and 25-pound boxes, 12c.
Dried and kvapuroted r .nli.
apples Kvuporated, 7Vic; sun.
dried. 5%c.
APRICOTS —Evaporated, fancy, is c;
choice, 10V*c. . .
raisins L. L., S-crown, i.5; j.
crown. s2<X>; 4-crown r,patera. $2.7*
loos* mue< utella, 8c; 1-pojn<l seede.*
10%c; imperial cabinet*, |3 per bog,
PE A PI! EH—Evaporated, peeled, l*c;
UllpeeleJ, Mac.
PEARS Evaporated, 10%e.
CITRON A. * drum, I4'r; fancy
Corst'daii. Id-pound began. }sty,
CURRANT* Barrels Te,
Coflee. s
Jill .. ........................... s4Vie
Mocha ~ >.>#.,.<>, k ,li o
Butter easy, unchanged.
Cheese steady, unchanged.
Eggs quiet, unchanged.
CHICAGO MARKETS,
Chicago, Dec. 16.—Widespread de
mand for cash wheat was the main
cause of a strong market in specula
tive options here to-day. At the close,
May wheat was up %@%c. Corn
shows a gain of %@%c. Oats are up
%@%c; provisions are practically un
changed.
The leading futures ranged as fol
lows:
Opening. Highest. Lowest. Closing.
Wheat, No. 2
Dec. ..1 07% 110 1 07% 1 09%
May ..110% 111% 110% 111%
July .. 98% 99% 98% 98%
Corn, No. 2
Dec. . ..46% 46% 45% 45%
May . ..45% 45% 45 45%
July . ..45% 45% 45% 45%
Oats, No. 2
Dec. . ..29% 29% 29% 29%
May . ..31% 31% 31% 31%
July . ..31% 31% 31% 31%
Mess Pork, per barrel—
Jan. sl2 50 sl2 65 sl2 50 sl2 55
May 12 90 13 00 12 90 12 92%
Lard, per 100 pounds—
Jan. 6 87% 6 90 6 85 6 85
May 715 7 17% 7 12% 7 12%
Short Ribs, per 100 pounds—
Jan. 6 50 6 52% 6 50 6 50
May 680 685 6 77% 680
Cash quotations were as follows:
Flour steady; No. 2 spring wheat,
$1.05®1.15: No. 3, $1.00@1.10; No. 2
red, $1.12%@1.15%; No. 2 corn, 45%@
46c; No. 2 yellow, 46c; No. 2 oats,
29%c- No. 2 white, 31%c; No. 3 white,
30@31c; No. 2 rye, 73c; good feeding
barley, 37@38c; fair to choice malting,
41@48c; No. 1 flax seed, $1.16%; Wo. 1
Northwestern, $1.24%; prime timothy
seed, $2.72%; mess pork, per barrel,
$11.30@11.40; lard, per 100 pounds,
$6.80; short ribs sides, (loose), $6.25®
0.50; short clear sides, (boxed), $6.62%
@6.75; whisky, basis of high wines,
$1.24; clover, contract grade, $12.75.
Receipts.—Wheat, 66,000 bushels;
corn, 327,200 bushels; oats, 59,500 bush
els.
Elegant vases, pedestals and Mexican
drawn work. A pretty assortment of
pretty gifts for Christmas presents. Ail
will be sold very low. Apply Llppman
Drug Company.—ad.
Fancy No. 1 13 c
Choice No. 2 ..12Vic
Prime No. 2 lliie
Fair No. 5 11 c
Ordinary No. 6 10- c
Common No. 7 9Vic
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, 56c; 200-pound burlap sacks,
(Liverpool), 78c.
HlDES—Market, firm; dry flint,
16V4c; dry salted, 14V4c; green salted,
9c; green, 7V4c.
WOOL—Firm; white prime, 25c;
prime Georgia, free of sand burrs and
black wool, at 23c; burry, 12@16c; wax,
28c; tallow, 4c; deer skin, 22c; goat
skins, 25c each.
Hardware and Building Supplies.
LIME, CALCIUM PLASTER AND
Cement—Alabama and Georgia lime lit
fair demand and sell at 80@85c a bar
rel; special Calcined plaster. $1.50©1.60
per barrel; hair, 4@sc; cement, sl.lo®
I. carload lots, special. Portland ce
ment, retail, $2.00@2.25; carload lots,
specla 1.
LUMBER Railroad ties, 27<@29c;
hewn ties (7xoxßVi), 38@40c; hewn
ties (6xß), 26x28c; switch ties, $10.50®
11. easy yard stock, $11.00@12.00;
car sills, $13.00®15.00; ship stock, SIB.OO.
Oils.
Perfection Signal Oil 42 o
Pratt’s Astral yg c
Aladdin Security ' ’*'ls c
Water White [*ls c
Standard White * 1414 c
D. S. Gasoline "I ”l 6 c
D. S. Gasoline in drums 14%0
86 degree gasoline in drums 19V4c
Linseed oil, raw, 1 barrel lots 46 c
Boiled linseed, 1 barrel lots 48 c
Five barrel lots special.
t ®H°T—Drop, $1.65; B. B. and large,
$1.90; chilled. *1.90.
IRON—Market Arm; refined. *1.90;
Swede, 4c.
NAILS —Cut, $2.25 base; wire, $2.25
base.
BARBED WIRE 52.85 per 100
pounds
GUNPOWDER Per keg. Austin
crack short. $4.50 keg; hair keg, $2.50.
quarter keg, $1.40; champion ducking,
quarter keg. $2.25; Austin smokeless,
half kegs, $8.45, quarter, $4.30; three
pounds, $2.10; one pound, 75c; less 20
per cent, on smokeless.
Cotton Basslng and Tie*.
BAGGING—Market Hrm; pound
7V4©7%c; 2-pound. B®R H c; sea island
bagging, 10V4@llc.
TIES Standard 45-lnch arrow 940
@sl.oo.
COTTON PICKING SHEETS 22®
25c each.
TWINE—Per pound, or hank. 14®
15c.
HAMS—Sugar cured, 12®13V4c: pic
nics, 8 (Jjß'Ac.
D. 8. butts
D. 8. plates !"!!!!!!!•%
Western heavy bellies “ # ‘|g
Eastern light bellies .'.!"!!s%
Eastern medium bellies
Eastern heavy bellies g.v,
D. 8. C. R. sides
Smoked C. R. aides "’'g7*
LARD—Pure, in tierces, Hr; fin.
pound tins and 80-nound tubs. B%<;
corn pound, In tierce*, fit 4o; fiolpound
tin* and 80-pound tubs, 6Vfie,
Ml seel In iienna.
FlSH—Mackerel. hlf barrels. No.
t, $lO. No 2, $8 50. No. 3, $8; kit a. No.
I, $1.40. No. 2, $1.30; No. I. (HO; rod
flali, 1-pound bricks, 6c; 2-pond brick*.
SV. smoked nerrlngs. per box, lt@2oc;
Dutch herring*, in keg*, (1.10; new
mullet*. Half barrel*. (4.
BY HUP Market quiet; Georgia and
Florida eyrup, buying at ttVlfc, aall-
Ina al tt<H7Vc, augur nouee, at lilt®
IF
WAX Hr