Newspaper Page Text
10
COTTON TRADE QUIET
LITTLE DEMAND ASID HOLDERS
REFUSING PRESENT TRICES.
TONE RESULT OF HOLIDAYS
LOCAL SPOT MARKET OPENED AND
CLOSED 1 SCHANGED.
Liverpool Rather Lower Than Ex
pected. Rot American Fntnrea
Markets Held Trice* Pretty Well.
New York Showed Small Decline
nt Close. Hnt New Orleans Report
ed Slight Net Gains—F. O. B. Mar
ket On l nelinimed Basis.
AT THE CLOSE.
FUTURES.
Liverpool, unchanged to 2 points
lower.
New York, 1 to 2 points lower.
New Orleans, 2 to 4 points higher.
SPOTS.
Liverpool. 4 points lower.
New York, unchanged.
New Orleans, nnrhanged.
Savannah, unchanged.
The cotton market contained no spe
cial feature yesterday. Liverpool was
rather lower than expected, but the
American futures markets held pretty
steady during the day and showed
small net changes at the close. New
York being but a few points under the
close of the previous day, and New Or
leans showing a small net gain.
In the local spot market the holiday
lethargy seems to have struck the
trade, some cotton is wanted, but the
demand does not appear to be very
active and as bids are not better than
quotations and holders are not dis
posed to accept present quotations,
much less sell at a decline, the transac
tions are small and represent sales of
only such cotton as is absolutely need
ed.
The opening of the market yesterday
was unchanged in both tone and prices
from the close of the day before, and
it ruled unchanged until the close.
The tone, prices and sales for the
day in the local market follow:
I Open- 1 i Clos-
I ing. io’clock. ing.
Good middling 7 7-16 7 7-161 7 7-16
Middling 7 3-16! 3-l6| 7 3.16
Low middling . 6 11-16 6 11-16! 6 11-16
Sales ....... ....I | 88 | 5
Total sales yesterday. 93.
Time, 1 p, m., day before, 268.
The f. o. b. market opened quiet at
the basis of the day before, 9 7-16 c,
basis good middling, and closed un
changed. Some sales were made at
these prices, but the volume of busi
ness was small.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
Ht Cotton Exchange yesterday.
_ - | 1:00 ■ Year
Good middling 7 7_jg * “
Middling 7 3.1* •
Low middling 6 11-16 •
Tone Quiet |
•Holiday.
Sales yesterday, 0.
Exports—
Foreign for season 747 *>2o
Last year
Coastwise 2 665
Coastwise for season COt'i’O
Last year 184H86
Receipts yesterday 5,820
Last year
Year before last
Receipts since Sept. 1 .7.1,142,558
Receipts same time last year.. ’B6l 35-
Stock yesterday 140,728
Stock last year 115,174
Receipts and Stocks at All Ports—
Receipts yesterday 64.867
Same day last year 34^891
Same day year before last 22459
So far this week 303484
Last year 299,724
Year before last 281,050
Receipts since Sept. 1, 1904.....6.637494
Last year 4.951.495
Stock at all ports yesterday...l,o3l,s6o
Stock same day last year 920,361
_ Sea
Receipts Past Week— Upland.lsland.
£• of Ga 28,157 257
S., F. and W 6,422 1,207
C. and 8 2.404
Southern 4,627 122
8 - A - L
Savannah river steamers. 137
Beaufort and other steam
ers 17
Carts
Totals 48.104 2,260
Exnorts—
Great Britain 11 028
Fritnc(> 3^659 175
Continent 28.980 ... .
Coastwise 7,193 13 g 0
Interior 575
Total * 50,860 2,110
DAILY COTTON MARKET.
Port Movement-
Savannah—Quiet; middling, 7 3-16 -
. net receipts, 6,786: gross. 5,820; sales.
268; stock. 140.728. Exports.—Great
Britain, 11,028; continent. 4,631; coast
wise, 2,665.
Galveston—Quiet; middling, 7He; net
receipts, 9,913; gross, 9,913; stock. 202 -
482.
New Orleans—Quiet; middling,
7 3-16 c; net receipts. 14,709; gross, 17.-
.09; sales, £.250; stock, 416.289. Exports.
—Great Britain. 18.000; France. 10,511;
continent, 4.100; coastwise, 386- Mexi
co, 1,029.
Mobile—Firm; middling, 7c; net re
ceipts, 1.187; gross, 1,187; sales, 700;
stock, 66,473.
Charleston—Quiet; middling. 7Hc;
net receipts, 2.921; gross. 2.921; stock,
84.772. Exports.—Coastwise, 681.
Wilmington—Nominal; net receipts,
554; gross, 554; sales, 28; stock, 12 932
Exports —Coastwise, 93.
Norfolk—Net receipts, 2.827; gross, 2,-
827; stock, 17,550. Exports.—France, 4,.
366.
Baltimore—Nominal; middling, 764c
net receipts, 2,665; gross, 8.516; stock',
8.4*2. Exports.—Great Britain, 1.600;
continent. 1.960.
New York—Quiet, middling. 7.60 c;
net receipts. 620 gross. 7.654; sales. 1..
800; stock. 111,023. Kxports.-Orest
Britain, 2.698; France, 164; continent.
#S7.
I*r>(i<>n—Qul<; mM'lJlii*. 7.Me. n*t
rw lpU, 777; *!•* 2.til 6
I'hlU-Mphl. -Qul-t, rl4'llll>>, 7.Mr,
r*l|)U, t, tfroM. M. tlwk, t.m
Nruniwli k-KH rni-lpu, k.OIT giotui
.W 7. ini, U,*44 K*|urta. —<'**< -
!•, 1.J07.
Kw|ft N>* Nrt runtlpti. IM;
#*** I M Mutt. M Kl port a. t'oul -
wt#*, JfcO
*• Ka n< ta<—Met ivtiptii I AM,
l'®M S.Mti Keporta Jupan 1.000
WIUM,AM IAM o*i* to u#t
•“ ■■! |* t. lti( MMMpT
MUioMctM MM M to M
Hi. 1 1 I
COTTON. STOCKS. BONDS. GRAIN
PROVISIONS AND COFFEE.
Direct Private Wires to All Markets.
MEMBERS
New Orleans Cotton Exchange.
New Orleans Future Brokers Am o.
New Y ork 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.
ceipts since Sept. 1.
Total to-day, at all ports—Net re
ceipts. 53,290; Great Britain. 33,226;
France, 15.031; continent, 11,078; Japan,
2,000; Mexico, 1,029: stock, 1,081,560.
Consolidated, at all ports—Net re
ceipts, 303.403; Great Britain, 150,553;
France, 42,546; continent, 58,995; Japan,
5,400: Mexico, 1 029.
Total since Sept. 1, at all ports—N’t
receipts. 5,637,194; Great Britain, 2,033,-
742; France, 450,272; continent. 1,485,-
724: Japan, 50,010; Mexico, 13,393.
Interior Movement—
Houston—Quiet; middling. 7%c; net
receipts, 9.674; gross, 9,674; shipments,
7,339; stock. 79,735.
Augusta—Quiet and steady: mid
dling, net receipts, 1,483; gross,
1,483; shipments, 1,772; sales, 1,061;
stock, 94,233.
Memphis—Quiet; middling, 7%c; net
receipts, 3.063; gross. 5,926: shipments,
8,174; sales, 1,300; stock. 134.619.
St. Louis—Quiet; 'middling. 7 7-16 c;
net receipts, 600; gross, 4,869: ship
ments. 4.579; sales. 50; stock. 35,402.
Cincinnati—Net receipts, 1,015; gross,
1,015: shipments, 1,391; stock, 5,500.
Louisville—Firm: middling, 7%c;
sales, 476; stock, 2.
Total to-day—Net receipts, 15,835;
gross, 22,967; shipments, 23,255; sales,
2,887; stock, 349.491.
SEA ISLAND COTTON.
The sea island cotton market for
the week ending yesterday was dull
and little if any business is expected
until after the holidays. There Is some
inquiry from the mills, however, which
promises a better demand in the early
part of the year.
Fancy Floridan 20*4®2U4
Extra choice Floridas 18*4@19
Choice Floridas 17 @1714
Fancy Georgias 19 ©1914
Extra choice Georgias 18 ®IBV4
Choice Georgias 17 @l7 Vi
Extra fine Ga.'s and Fla.’s ..14 ©ls
I 1904" 1903^
Receipts, net 2,406 2.418
Receipts, gross 2,260 2,293
Sales 1,118: 1,031
Exports 2,110! 1,515
Stocks 11,202: 7,514
Receipts season, gross 40,669 32,579
Receipts season, net 38,391 31,562
Shipments—
To Havre, direct 175 416
Manchester, via Boston .. 100
Domestic, via. New York.. 1,090 840
Domestic, via. Boston .... 170 119
Columbus. Ga 575
To Liverpool, direct 100
Antwerp, via. New York 40
Total .. ................ ..|l7llo T 515
Charleston, S. C., Deo. 23.—Sea is
land cotton: Receipts this week, 870;
exports to New York, 439: exports, Sa
vannah. by rail, 228; sales, 437; stock.
3,269. Market, quiet; fully fine, 25c;
extra fine. 27c.
NEW YORK BEARS
ADDING TO LINES
New York. Dec. 23.—The cotton mar
ket ruled narrow and irregular, witl
final prices showing little change
There was some covering by shorts
for over the holidays, and some buy
ing by spot people. On the other hand
certain bear Interests appeared, add
ing moderately to the lines, leading tc
the deduction that they expected e
bearish ginners’ report next Wednes
day, or one day after the market re
opens following the Christmas holi
days.
The opening was steady at an ad
vance of 2@5 points In response to
firmer cables.
Following the call prices worked up
to a net advance of about 6®B points
on covering and reports of a little bet
ter spot demand in the South, but at
the advance leading professionals sold
more aggressively and prices in the
middle session fluctuated between last
night's closing and a net decline ol
1 to 2 points. Toward the close the
market was a shade more active, with
scalping shorts covering and final quo
tations were steady, unchanged to 3
points higher.
Sales were estimated at 100,006 bales.
SPOT COTTON AT NEW YORK.
New York. Dec. 23.—Spot cotton
closed quiet; middling uplands, 7.60 c;
middling gulf, 7.85 c; Pales, 1,300 bales.
Cotton futures at New York. Dec.
23:
Options. 1 Open.| High Low?"close.
December . 7.15b| 7.20 7.15 7.19*
January ... 7.22 j 7.26 7.18 7.22
February .. 7.28 b 7.29 7.29 7.29
March 7.40 | 7.45 7.35 7.39
April 7.48 7.44
May 7.52 7.56 7.48 7.49
June 7.60 b 7.58
July 7.66 7.67 7.60 7.62
August .... 7.65 7.65 7.63 7.62
September 7.71 7.71 7.70 7.67
October ... 7.70 740 7.60 7.64
Futures opened firm; closed steady'
NEW ORLEANS CLOSED
WITH FUTURES LIST UP.
New Orleans, Dec. 23.—Cotton fu
tures firm; December, 7.19@7.21c; Jan
uary, 7.18@7.19c; February, 7.24@7.26c;
March. 7.31®7.32c; April, 7.37@7.39c;
May, 7.42®7.43e; June, 7.47@7.49c; July,
7.52@7.53c.
Spot cotton quiet; sales, 2,250, In
cluding 650 to arrive.
Futures opened from 4®5 points
higher, but later receded under un
favorable cables and evening up by
weak longs to carry themselves over
the holiday period, which continues
until next Tuesday morning. The hol
idays will be followed by the bureau
ginners' report on Wednesday. The
into sight figures, compared with last
week, are bearish, but compared with
last year are extremely bearish. In
the trading January opened 4 points
up, at 7.16 c, gained a point, then re
acted to 7.13 c and flnaly recovered to
7.lsc.
The market closed quiet Net gains.
204 polnta.
LIVERPOOL COTTON MARKET.
Liverpool, Dec. 23. Hpot cotton In
limited demand, prices 4 points lower;
American middling ralr, 4.3 M; good
middling. 4.14d; middling, 4.04d, low
middling. 3.92<1; good ordinary, 178/1
ordinary, 3.(2d Kales of Our day were
6.009 bale*, of M’tllctl 1,900 Were for
ili ulstlon and exi*irt, sod included
4 700. American, receipts, 35.909 bales,
including 26,900, Ameilesn,
Futures opened and <losed quiet;
DEMERE L HAMMOND. Brohers,
Phonti i $49( Ottictr No. $$ Bryan ilirrl, but,
COTTON, STOCKS, BONDS, CHAIN AND PROVISIONS
klwns yn*k tklere u, 4 1 (mips
L4M.AL UK iW f Mw9 4 U kUil/rt
SAVANNAH MORNING NEWS: SATURDAY. DECEMBER 24. 1904.
American middling, good ordinary
clause: December, 3.91d; Deoember-
January, 3.91d; January-February,
3.94d; February-March, 3.99d: March-
April, 4.03d: Aprll-May, 4.06d; May-
June, 4.06d; June-July. 4.lid; July-
August. 4.14d; August-September,
4.14d; September-October, 4.13d; Octo
ber-Noveinber. 4.13d.
Cotton Statistic..
Liverpool. Deo. 22. —Following are the
weekly cotton statistics:
Total sales, all kinds, 37,000 bales:
total sales. American. 34.000; English
spinners’ takings. 73.000; total exports,
7.000; imports, all kinds. 184,000; Im
ports, American, 167.000; stock, all
kinds. 741.000; stock. American, 686.000,
quantity afloat, all kinds. 459.000;
quantity afloat. American, 402.000; to
tal sales on speculation, 3,500; total
sales to exporters. 3,600.
WAKE A I.ELAND
Sny When Turn Comes Dears Will
Be Cauaht nt Bottom.
New York, Dec. 23.—There is evi
dently a contest of some kind going
on in the present market. For the first
time since the downward movement
the bears are meeting with something
like persistent resistance. This start
ed from the buying by the continent
and has been continued through pur
chases by the larger spot interests in
the country and enough cotton has
been taken from the market to start
reactions that were rather uncomfort
able to shorts. In order to exert
pressure very large lines of cotton
have come on the market and last
evening, just when the market was
under way to close considerably
higher, one of the largest operators of
the bear party came in the pit in
person and sold 5.000 bales of March
in order to drive prices lower. The
contest was resumed this morning,
and while prices have not advanced to
any extent, the market itself shows a
different phase from any presented in
some weeks. Prices have declined to
a point where holders of cotton in the
South absolutely refuse to consider
offers. Asa result the movement
this week promises to be in the neigh
borhood of 375,000 bales, as compared
with 412,000 last year. There are very
large commitments for January de
livery and if the grower of cotton 1n
the South .persists in this refusal to
sell his cotton at a sacrifice, there
may be very interesting develop
ments in another six weeks. While it
is not within the power of any indi
vidual to say just where the turn in
cotton is to come from, this much
can be said with confidence, the bears
will be short at the bottom and the
turn will be inevitable as was the col
lapse in January of this year.
J. S. DACHE & CO.'S
Daily Cotton Letter to Hayward,
Y lclt & Cos.
New York, Dec. 23. —The market has
ruled quiet as might be expected in
view of the approaching holidays. Lead
ing bear operators here so far during
the session show a disposition to add
to their lines for over Christmas, while
the demand has been more or less
scattering, representing covering by
shorts and a little buying for account
of spot Interests. The opening w*as
not as good as due on the cables, but
steady, at an advance of 2 to 5 points.
Following the call, prices worked up
*o a net gain of about 6 to 8 points,
>ut the easy demand being filled by
ontlnent'al offerings for the account
if large professional interests, prices
sagged off around midday to about
lie closing prices of the previous day.
ifter which fluctuations were narrow
ind Irregular. Southern wires report
here Is a little better demand to fill
•nd of December clearances, and It is
luite possible that exports between
’hristmas and New Year’s will be
heavy.
We are free to confess that we can
lot see much good in the market. The
bearishness of speculative sentiment,
he weight of actual cotton, and the
leslre of consumers to buy as cheaply
is possible with the approach of the
next planting season next spring, make
a combination of disturbances that
would seem well calculated to cause
l gradual, if not a sudden, weakening
if spot holders, particularly should the
ginners’ report arrive bearish.
DEMERK A HAMMOND’S
Unity Cotton Letter from New York.
New York, Dec. 23.—While operators
on this side were closely watching the
holders of cotton in the Interior for
signs of weakening, liquidation of an
other sort came suddenly from an
opposite quarter of the globe and dealt
Liverpool a heavy blow. It seems that
Egyptian and Syrian speculators had
caught heavily long when the bureau
i*ame out and after holding on for a
long time In the hope of a perma
nent rally, finally threw up the sponge,
and dropped their lead. The result
is seen In a decline of over *£c In all
markets and anew low level of prices
has been established everywhere. The
near options In Liverpool are below 4d,
while December here was sold within
12 points of 7c. Spots throughout the
South average about He lower than a
week ago without any recovery and
with but little demand. Of course it
is only natural that business should
be black immediately In advance of
holidays, but the very small rally In
the face of heavy covering by shorts
to take down profits for Christmas Is
considered evidence of inherent weak
ness. and the fear is expressed that
when the market reopens on Tuesday,
the old bears will be found ready to
take the short side again with vigor.
If talk goes for anything, this must
be their design for they openly pro
claim 684 cln a short while. Evidently
they reckon a very bearish ginners'
report, land some estimates run as
high as 11,750,000 bales for the amount
ginned to Dec. 13.
WEEKLY COTTON MARKET*.
Weekly Interior Cotton Towns—New
York. Dec. 23.
Albany—Receipts. 1.059; shipments,
658; stock. 7,413.
Athena—Receipts, 3,361; shipments,
1,900; sales. 222; stock. 26.149.
Atlanta—Steady; middling, 7 8-16 c;
receipts. 2,542; shipments, 2.877; stock.
13.651.
Brenham—Receipts, 294; shipments.
*7O: stock. 3.149.
Charlotte —Quiet: middling, 7V4c; re
ceipts. 397; shipments. 397.
Columbia— Receipts, 938; shipments.
938.
Columbus. Ga.—Steady; middling, 7c;
receipts, 3,21*: shipments, 1,370; sales,
1.370; stock. 1*,690.
Columbus, Mis*.—Dull; middling, %c;
receipts. 2.676; shipments, 1.402; sales,
1.402: stock. (.066.
Dallas—Receipt*. 2.156; shipments, 2,-
562; stock. *.160.
Green Wile—Receipts, 4.019; shipments,
4.147: Mock. 10.597.
Greenwood. H C.—Receipts, 964: ship
ments. 297; sales, 277, stock. 5,270.
Helena Receipt*. 2,191; shipments,
I,US. stock. 29,897.
Little Rook -Quiet; middling, dike;
receipts, 9,442; shipments, 9,972, slock,
*4.062.
Macon —Receipts. 3.012; shipments, 1.-
380; stock, 17.472.
Meridian—Receipts, 4,768; shipments,
2.443; stock. 24.676.
Montgomery—Steady; middling. 7\4c;
receipts. 6,019; shipments. 5,128; sales,
5,128; stock. 41,664.
Nashville—Weak: middling, 7*sc; re
ceipts. 461; shipments, 123; sales, 123;
stock. 1,235.
Natchez—Steady; middling. 7c; re
ceipts, 4,481; shipments, 2,832; sales.
4,103; stock. 16,508.
Newberry— Receipts, 436; shipments,
436.
Raleigh—Easy; middling. 7c; re
ceipts. 147; shipments, 149; stock. 1,-
829.
Rome—Receipts, 863; shipments, 1,-
315; stock. 5,542.
Selma—Receipts. 6.160; shipments. 2,-
948: stock. 25,011.
Shreveport—Easy; middling, 7c; re
ceipts, 8,764; shipments, 9,351; sales,
1,251; stock, 36.735.
Vicksburg— Receipts, 5.362; shipments,
3,901; stock, 30.336.
YU zoo City—Receipts. 3,932; ship
ments. 2.209: stock. 24.046.
Receipts Ports This Season.—The fol
lowing table shows receipts at all U
S. ports since Sept. 1. 1904;
Galveston 1,674,531
New Orleans 1,357,204
Mobne 198,530
Savannah 1,139.730
Charleston 164.862
Wilmington 255,877
Norfolk 405,658
Baltimore 17,123
New York .v 1L044
Boston 31,167
Philadelphia 4,543
Pensacola 9L446
Portland, Ore 4481
Brunswkk 125.797
Newport News 1,442
Port Arthur 69,831
San Francisco 31,379
Port Townsend 17,881
Eagle Pass 1,350
Laredo 6,292
Minor points 1L253
El Paso 1,888
Total 5,623,793
Note.—This day 1903 holiday.
New York. Dec. 23.—Comparative
cotton statement for the week end
ing Dec. 23:
Net receipts at all U. S. ports
during week 303,403
Net receipts at all U. S. ports
same week last year 297,950
Total receipts since Sept. 1 ..5,637,194
Total receipts to same date
last year 4,935,979
Exports for the
Exoorts for same week last
year 203,107
Total exports since Sept. 1 4,033,141
Total exports same date last
year 3.520,696
Stock at all United States p0rt5.1,031,560
Stock at all U. S. ports same
time last year 920,361
Stock at all interior towns .... 738,088
Stock at all interior towns same
time last year 490,024
Stock at Liverpool 741,000
Stock at Liverpool same time
last year 464,000
Stock of American afloat for
Great Britain 402,000
Stock of American afloat for
G. B. same time last year.. 328,000
New York, Dec. 23. —The following
statistics on the movement of cotton
for the week ending Dec. 23 were com
piled by the New York Cotton Ex
change:
This Last
Weekly Movement — Year Year.
Port receipts 301,918 301,511
Overland to mills and
Canada 48,917 31,858
Southern Mill takings
(estimated) 63,000 63,000
Loss of stock at In
terior towns 13,742 *912
Brought Into sight
for the week.... 400,093 397,281
Total Crop Movement—
Port receipts ... 5,629,308 4,953,351
Overland to mills and
Canada 458,209 389.309
Southern Mill takings
(estimated) 761,000 763.000
Stock at interior towns
in excess of Sept. 1.. 638,634 466,688
Brought Into sight
thus far for sea
son 7,487,151 6,572,348
•Gain.
8,345 added port receipts, season.
Receipts Ports Past Week—The fol
lowing table shows receipts at all
United States ports for the past week
and the corresponding week last year:
Week ending Dec. 23. | 1904. | 1903.*
Galveston .. 70,299|
New Orleans 97,381
Mobile 13,0521
Savannah 50,3641
Charleston 8,866
Wilmington 5,147
Norfolk 13,515
Baltimore 4,841
New York 2,647
Boston 4,478
Philadelphia 1,097
Pensacola 5,749
Brunswick 8,037
Newport News 150
Port Arthur 10,947
San Francisco 5,400|
Minor points 1,4141
Total 303,384[
• —Holiday.
Stock of cotton at all ports Dec. 23
1904:
New Orleans 416,289
Mobile 66,473
Galveston 202.482
Savannah 140,728
Charleston 34J72
Wilmington 12,932
Norfolk 17.550
New York 111,023
Other ports 79,311
Total 1,081,560
Note—This day 1903 holiday.
WORLD’S VISIBLE SUPPLY.
New Orleans, Dec. 23.—Secretary
Hester's statement of the world’s
visible supply of cotton Issued to
day, shows the total visible to be
4,566,127. against 4,448,312 last week,
and 3,941,853 last year. Of this the
total of American cotton Is 3,843,127,
against 3,778,312 last week, and 3,-
331,853 last year; and of all other
kinds, including Egypt, Brazil, In
dia, etc., 723,000. against 670,000 last
week, and 610,000 last year.
Of the world’s visible supply of
cotton there la now afloat and held
In Great Britain and Continental
Europe 2.329,000, against 2,066.000
last year; In Egypt 190,000, against
203.000 last year; In India 281.000,
against 164,000; and In the United
States 1,766,000, against 1,407,000
last year.
IIKAI'RR'9 WEEKLY STATEMENT.
New Orleans, Dec. 23.—Secretary
Hesters weekly cotton statement, Is
sued to-day, shows for the twenty,
thtee days of December a decrease un
der Isst year of 14,000, and an Increase
over the sum* period year before last
of 213.000,
For the 114 days of the season that
have elapeed. the aggregate Is ahead of
the same days of last year 1,0(2.990 and
ahead of the same days year before
last 1,27*066
The amount brought Into eight dur
ing the peel week has been 199,174
be tee. against (11419 for the seme
seven days teat year and $94,194 year
before list
The movement eirvne Me pi | etoowe
recetpie el sM Foiled Mteise porta la
be 6497.1 M, SMelftU 4.991.991 tauM year
Overte<>4 • cone (be MleeteeipgU. obio
a>9 FtHmnar rivere is Kwibara miUa
SPIRITS SHADE OFF
BUT ALL OFFERINGS CLEANED UP
AT 30 1-4 CENTS.
ROSIN IN GOOD DEMAND
AND LATE SALES WERE MADE AY.
A VERY GENERAL ADVANCE.
Mnrket Opened and Closed Firm
Shovel nit Gains for Some of the
Common Grades—After Close Ac
tive Demand Absorbed All Offer
ings at Advance of IO Cents On
Pnles Including I and Various Ad
vances On Mediums—Some Sales
Made at 2i£ Cents Increase On En
tire List.
The spirits of turpentine market
sagged a little yesterday from the
price of the previous day, opening
steady at 50*4 to 50V& and closing
firm at the inside figure. The sales at
the opening were 161 casks, and at the
closing, 183. The tone of the market
continues strong, however, and in the
late trading there was an active de
mand for supplies at the closing quo
tation and practically the whole of
the day’s receipts were cleared up.
The receipts were 217 casks, and the
shipments, 10. The New York mar
ket was reported steady at 53*6 cents,
and London was quoteij at 38—3.
The very excellent demand for rosin
which has been in evidence for several
days was even stronger yesterday, the
ma.rket opening firm at fair advances
on the majority of the common grades
and closing firm and unchanged. The
sales at the opening, which were the
total for the day were, 2,538 barrels.
In the post market business the de
mand for supplies continued very ac
tive and sales were made by the hold
ers at very satisfactory advances,
generally at an advance of 10 cents
on the pales, including I, 7% on H, 6
on G and 2H on F, with a decline of
5 cents on C, B, A. Other sales
were made at an advance of
cents on the entire list. The receipts
for the day were 2,433 barrels, and
the shipments, 1,342. The New York
market was quoted quiet at $2.82't6.
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 217 2,433
Receipts previously 162,295 499,891
Total 169,007 546,874
Exports yesterday 10 1,342
Exports previously 138,376 487,459
Total 138,386 488,801
Stock yesterday 30,621 58,073
Stock previously 13,745 73,684
Tester- Day Be- Last
day. fore. Year.
Tone.. Firm. | Steady. *
Spirits 50*41 50*4 *
Sales , 344 242
Rosin Firm. Firm.
W. W. 5.15 6.15
W. G. 4.75 4.76
N. .... 4.50 4.50
M 4.30 4.30
K 4.00 4.00
1 3.25 3.25
H 2.72V4 2.72 H
G 2.65 2.60@2.62*4
F 2.60 2.57H@2.60
E. .... 2.57*6 2.55@2.57Vi
D 2.55 2.55
C BA. 2.55 2.50®2.52H
Sales . 2,5381 2,917
•Holiday.
WEEKLY NAVAL STORES MOVE
MENT.
Spirits.
1904-1903
Stock April 1 6.495 Holiday
Receipts past week.... 2,646 ”
Receipts previously ....159,866 ”
Total 169,007 ”
Exports—
Foreign 61,681 "
New York 39.112 ”
Coastwise and interior.. 37,593 ”
Total 138,386 ”
Stock 30,621 ”
Rosins.
1904-1903.
Stock April 1 44,550 Holiday
Receipts past week .... 14,670 ”
Receipts previously ....487,654 ”
Total 646,874
Exports—
Foreign 153.663 ”
New York 91,551 "
Coastwise and 1nteri0r..243,587 ”
Total 488,801 ”
Stock 68,073
IN OTHER MARKETS.
New York, Dec. 23.—Rosin, steady.
Turpentine—Firm, 53 *6 @ 54c.
Charleston. S. C., Dec. 23.—Turpen
tine and iosln, nothing doing.
Wilmington, N. C., Dec. 23.—Turpen
tine, steady; 49*6c; receipts. 42 casks.
Rosin, steady; $2.40; receipts, 273 bar
rels.
Tar, firm: $1.60; receipts. 341 barrels.
Crude turpentine, firm; $2.30 and
$3.70; receipts, 121 barrels.
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
Week 1.463.632 2.851,854
Month 4.293,947 4.703,815
Since July 1 $7,545,293 36,428,986
Where Shipped—
Foreign 2,294,444 8,107,070
Baltimore 9,9(3,090 4.309,882
Philadelphia 4,86*,307 6,393,732
New York ....19,676,196 11,259,227
Host on 600,531 1.167,206
Other ports 263,410 10,192,669
and Canada. 466,491, against 3*4,30* last
year; Interior stocks, In excess of those
held st the close of the commercial
year. *49.271. against 468,139 last year.
Rout hem mills' takings, *41,000, against
7*7,*** last year, and 770,092 year be
fore last
The UHal movement since Herd | |a
7,6*4,96*. against 1,661.264 last year.
Foreign eg ports for the week have
he*** Isl*s4 against 122.014 ti >aai
making the total thus fat for the sea
son 4,971,176, against 1.646,7a* last yaar
The total takings of American n.iiu
WsrtA, Awia at. 6 CaoaO*. Uim far
Furs. Furs,
Express all Furs to arrive 27th December for Jan
uary London sales. Indications for March sales are lower
prices, as offerings will be excessive.
A. EHRLICH & BRO.
111, to ns Bay Street, west, - - - Savannah, G a .
THE CHASMAR KING SUPPLY CO~
126-130 Bay Street, West
JOBBERS.
BATH ROOM FIXTURES, SANITARY PLUMBING GOODS. WROUGHT
IRON PIPE. FITTINGS, etc. All supplies for STEAM. WATER and GH
Sole Agents for the celebrated m il EY VALVES.
Wool, Hides, Wax, Raw Furs and Skins,
Write for Prices.
D. KIRKLAND,
415 TO 421 ST. JU LIAN STREET. WEST.
for the season, have been 1,934,179,
against 1,736,472 last year.
Stocks at the seaboard and the twen
ty-nine leading Southern interior cen
ters have decreased during the week
12.051 bales, against a decrease during
the corresponding period last season of
57,523.
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 7,746,930, against 6.-
671,055 for the same period last year.
DUN’S WEEKLY’ REVIEW.
New York, Dec. 23.—R. G. Dun &
Co.’s weekly review of trade to-mor
row will say:
Demand for holiday goods has ex
ceeded expectations, but trade In sta
ple merchandise is seasonably quiet.
Business conditions are satisfactory,
however, manufacturing plants pro
ducing freely, except where insufficient
water supply restricts operations and
a large volume of option trading was
recorded for the week at the leading
commodity exchanges. Dispatches
from the leading cities are encourag
ing.
Traffic returns continue favorable,
railway earnings for December thus
far exceeding last year’s by 7.6 per
cent. Conditions in the cotton goods
market are calculated to induce con
servatism, and trading is restricted to
immediate requirements. Prices are
fairly well maintained.
Failures this week numbered 251,
against 284 last year.
Students Debate Comimlaory Educa
tion.
Tifton, Ga., Dec. 23.—The two lit
erary societies of Norman Institute
united in their regular fall term de
bate Wednesday and debated the
question, ’’Resolved, that Georgia
Should Have Compulsory ’Education.”
The Bessie Tift, represented by I. Y.
Conger, A. B. Conger and J. N. Swin
dle, championed the negative, while
the Excelsior, represented by H. L.
Clifton, W. M. Spell and S. A. Cole,
had the affirmative.
The judges, after about thirty min
utes, decided that the affirmative had
won by a very small margin, though
public sentiment strongly favored the
negative.
SAVANNAH'S CURRENT MARKETS
Note—These quotations are revised
dally and are keptas near as possible
In accord with the prevailing wholesale
Drlces. Official quotations are not used
when they disagree with the prices
wholesalers ask.
POULTRY—Market, weak; spring
ers, 30@60c; per pair; three-quar
ters grown, 50@60c; hens, 65@75c; tur
keys, 16c per pound; geese, $1.50 per
pair; ducks, 75c@51.00 per pair.
EGGS— Country, 28c; Tennessee, 30c.
BUTTER—The tone of the market Is
firm. Quotations: Extra Elgin, 60 tubs.
26@27c; choice Elgins, 24@25c; New
York state, 23@23He; renovated butter
60-pound tubs, best grade, 23@234c.
CHEESE —Market, firm: fancy full
cream cheese, 22@25-pound, 124@13c;
20@35-pound, 124@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.
Breadstuff*) Hay and Grain.
FLOUR—Patent. $6.35; straight $6.10;
fancy, $7.35; family, $5.45; spring
wheat, best patent, $5.86.
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 71 69
Mixed corn 70 68
OATS-
No. 2 mixed 45 43
No. 2 white clipped 49 47
Pure wheat bran ...•••■•l.3a 1.30
Mixed bran 1-25 1.15
Cracked corn 1.60 1.45
jiay
No. 1 timothy 90 75
No. 2 timothy *0 $5
Sugar.
Cut loaf 7.12
Cubes ••••••
XXXX powdered 6.27
Fowdered .. ••• 6.27
Fine granulated ..6.12
Confectioners' A 5.97
White Extra C 5.77
RlCE—Market dull, fancy head, 44
@sc; prime, 34@4c.
Good @34
Fair 2H@3H
Common ••••••• ••••
Fruit* and hula.
APPLES—S3.OO to $3.50 barrel.
BAN AN A5—51.75@2.00.
GRAPES —Malaga, $4.50@5.50; Ja
nialca orangn. $3.25.
FLORIDA ORANGES—S2.7S@3.OO.
PRUNES— 20s to 30*. sl3; 30* to 40*.
10c 40s to 60s, 8c; 50s to 60s, 74c; 60s
to 70s. *<•: ‘f,,* 0 *- 80s to 90s,
BVtc 90s to 100s. 44c.
PEANUTS— Ample stock, fair de
mand; market firm; fancy hand-picked
Virginias. 7c; N. C. peanuts, 6He; ex.
Virginias. 6c.
NUTS -Almond*. Tarragona. 144 c;
Ivlca*. V4c; walnuU. French, 124 c;
Naples. 144 c; pecan*. 10c; Brasil*,
sttc Albert*. 11c; assorted nuts, 50-
pound end 28-pound boxes. 12c.
Dried and Evaporated Fruits.
APPLES - Evaporated. T4c; sun
dried. 5%c.
APRICOTS —Evaporated, fancy, Uc;
Choice. 10 V
RAISINS —l* I/.. 8-erown, 11 M; j.
crown. 82.08 ; 4-crown ousters. |2.71;
loose muses tells, 8c; 1. pound seeded.
104 c; Imperial cabinets, || per box.
PEACHES- Evaporated, peeled, Uc;
Ulipeele 1, l%c.
PEAKS- Evaporated. 104 c.
CITRON A- ■ drum, I44cj faecy
Coroletsn. is 10- pound boaea, 144 c
CURRANTS turrets *.
toffee.
■Olid ld
Peabsrry „ ~„if4tg
WANTED TO SEE A WREC K.
Small Columbus Negro Piled Sand
High Upon the Track.
Columbus, Ga., Dec. 23.—Charles
Johnson, a negro boy, “wanted to se
a wreck,” and piled sand high on the
Seabdard Air Line track on Seventh
street. A dummy engine came along
and managed to plough through the
sand without being derailed.
Soon afterwards Johnson slipped to
the scene again and placed a great
pile of sand on the track again. He
was bdund over to-day for obstructing
railroad tracks.
USED MAILS TO DEFRAUD.
Charge In Made Against a Fort
Gaines Merchant.
Columbus, Ga., Dec. 23.—R. L. Mer
ritt, a merchant of Fort Gaines, was
brought here by Deputy Marshal Blue
to-day, charged with using the United
States mails to defraud. The accusa
tion is brought by a Florida fish detaler.
The preliminary trial was set for Jan.
6, in the absence of the principal wit
ness for the government. Merritt was
unable to give the temporary bond as
sessed him.
Talley Gets Appointment.
Washington, Dec. 23.—At the conclu
sion of the cabinet meeting to-day At
torney General Moody announced that
Robert H. Talley has been appointed
as assistant district attorney for the
Eastern district of Virginia. The ap
pointment was made on the recom
mendation of L. L. Lewis, the district
attorney.
Ilarn and House Burned.
Hazelhurst, G'a., Dec. 23. —The bam
and tenant house of T. H. Weatherly
were burned this morning. A large
quantity of corn and hay was consum
ed. The loss was SSOO, with no in
surance. The cause of the fire is un
known.
German Bark Ashore.
London, Dec. 23.—Advices received
here to-day from Montevideo say the
German bark Elizabeth, from Pensa
cola Sept. 9, for Buenos Ayres, is
ashore at Polonio bay. Assistance ha3
been sent.
Fancy No. 1 124 c
Fancy No. 1 13 c
Choice No. 2 124 c
Prime No. 2 11 u c
Fair No. 5 n 0
Ordinary No. 6 10 c
Common No. 7 94c
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, 55c; 200-pound burlap sacks,
(Liverpool). 78c.
HlDES—Market, firm; dry flint,
164 c; dry salted, 144 c; green salted,
84c; green, 7e.
WOOL—Firm; white prime, 25c;
prime Georgia, free of sand burrs and
black -wool, at 23c; burry, 12@16c; wax,
27c; tallow. 4c; deer skin, 22c.
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@1.63
per barrel; hair. 4@sc; cement. 81.10®
I. carload lots, special. Portland ce
ment, retail, $2.00@2.25; carload lots,
special.
LUMBER Railroad ties, 27@29e:
hewn ties (7x9x84), SB@4oc; hewn
ties (6xß), 26x28c; switch ties, $10.50®
11. easy yard stock, $11.00@12.00;
car sills. $13.00@16.00; ship stock. SIB.OO.
on*.
Perfection Signal OU 42 0
Pratt’s Astral c
Aladdin Security 15 0
Water White 15 a
Standard White 1440
D. S. Gasoline is c
D. S. Gasoline in drums 14V4c
86 degree gasoline in drums 194a
Linseed oil. raw, 1 barrel lots 46 c
Boiled linseed, 1 barrel lots 48 c
Five barrel lots special.
„®“ OT —P rop . $1.65; B. B. and large.
$1.90; chilled. 81.90.
IRON— Market firm; 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; half 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 Bagging and Tie*.
BAGGING—Market firm; 14 pound,
74C74c; 2-pound. B@B4e; sea Island
bagging, 104@llc.
TlES—Standard 45-lnch arrow. 94e
@sl.oo.
COTTON PICKING SHEETS—229
25c each.
TWINE—Per pound, or hank. 149
15c.
HAMS—Sugar cured, 12®134c; pic
nics. B@B4c.
D. 8. butts
D. S. platen
Western heavy bellies
Eastern light bellies 84
Eastern modlum bellies 84
Eastern heavy bellies 84
D. S. C. R. sides 84
Smoked C. It. sides
LARD—Pure. In tierces, *r; 50-
pound tins and 80-pound tub*. IV
eompound, In tierce*. 54c; 50-pound
tins and 80-pound tuba. 64c.
Miscellanea**.
FISH -Mackerel, halfbarrels, No.
1, $lO, No 2, $1.50; No. I. s*, kits. No
1, $140; No. 2, I! 30; No. 1. *1.10; cod
fish, 1-pound bricks. So; 2-pond brick*.
14<% smoked nerrlnga, par bos, 190.'*.
Dutch barrings. In kegs, $1,10; **
mullets, half barrela, $4.
H?Hl.'p Market quiet; Oaorgta *H
Florida syrup, buying at tUttfsi **>j
ing at U@f74c, augar bouse, at 1649
Mr
WAX-Me,
HIGH "IN Eg— ft a ala, III*-
HONEY—DuII, strain*6, u* ••* T *‘*'
Mg gallon.