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8
SPOTS DEMORALIZED
LOCAL MARKET SOT QUOTABLE AT
ASV TIME DURING DAY.
NOBODY TO BUY OR TO SELL
LITTLE BUMNKSS EXPECTED TILL
GINNERS’ REPORT IS DIGESTED.
Only Sale* 111-ported Dnrins Day 5S
Dale* Sold Dny Ilelorc—F. O. B.
Market Opened Nominal nt 7 Cent*.
nn*i* Good Middling. and Closeik
Quiet nt <i :t-4—ln Future* Mnrket*
\eu Orleii n* Showed Largest
Losses, 4S to fit l’oint*.
AT THE CLOSE.
FETCHES.
Liverpool, 10 to 22 point* loyrer.
\eiv i ork. 21 to 3S point* lower.
Sew Orlean*. 4S to 51 point* low
er.
SPOTS.
Liverpool. 11 point* lower.
.New York. 35 point* lower.
New Orlean*, 7-liSe lower.
Savauuali, not quotable.
The local spot cotton market be
came demoralized yesterday after the
first instalment of the ginners' report
had been made public, and was so post
ed at the close. No prices were quoted
at any time during the day, and the
only sales posted were those of 58 bales,
posted at the opening, and cotton that
had been sold the previous day. The
trade was simply overwhelmed by the
figures of the ginners' report and no
body wanted either to buy or to sell.
The tone, prices and sales for the
day in the local market follow:
| Open- | 1 I Clos
| ing. o'clock, lng.*
| * j •• j •**
Good middling **•* T •”*
Middling 1 •*** **** j **••
Low middling . **** **** i •*’*
Sales | 58 ! ... | ...
* Normal; ** dull: *•* demoralized.
**** Not quotable.
Total sales yesterday. 58.
Time, 1 p. m., day before, 258.
The f. o. b. market opened nominal,
at 7c. basis good middling, and closed
quiet, at 6%c, same basis. Trade was
all dull in this branch of the busi
ness as in the spot market. The gen
eral opinion of the trade is that little
business of any kind can be expected
until the world has had time to di
gest what the ginners' report really
means.
In the futures markets the biggest
drop occurred at New Orleans, where
prices went off from 48 to 51 points.
New York showed net losses of 31 to
38 points. New York spots showed a
decline of 35 points, and New Orleans
spots 7-16 c.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday.
J 1:00 I Year
Grades. P. M. j Ago.
Good middling • 13%
Middling • 13
Low middling • 12%
” Tone 7. 7.. 77777. !*• I*** ~
•Not quotable. ••Demoralized.
•••Quiet.
Sales yesterday, 58.
Exports—
Foreign
Foreign for season 770,138
Last year 590,640
Coastwise 145
Coastwise for season 173.278
Last year 188,650
Receipts yesterday 13,784
Last year 5,783
Year before last 7,457
Receipts since Sept. 1 1,169,472
Receipts same time last year .. 902,131
Stock yesterday 138.881
Stock last year 117,368
Receipts and Stocks at all Ports—
Receipts yesterday 43,645
Same day last year 51.559
Same day year before last 55,191
So far this week 163,609
I-ast year 200,897
Year before last 202,655
Receipts since Sept. 1, 1904 ...5,800,977
Last year 5,152,392
Stock at all ports yesterday ....1,086,500
Stock same day last year .... 982,072
DAILY COTTON MARKET.
Port Movement—
Savannah—Nominal; net receipts, 13.-
684; gross, 13.784; sales, 858; stock, 138,-
881. Exports—Coastwise, 145.
Gal'.eston—Nominal: net receipts, 7,-
528; gross, 7,528; stock. 213,585. Ex
ports—Continent. 740.
New Orleans—Easy; middling. 6%c;
net receipts, 15,164; gross, 15,468; sales,
3,000: stock, 440.992. Exports—Great
Britain. 3.770; continent. 5,700; coast
wise, 200.
Mobile—Nominal; net receipts, 589;
gross. 589; stock, 70,685. Exports—
Coastwise. 204.
Charleston—Nominal; net receipts
328: gross. 328; stock, 37.802.
YVtlmlngton—Nominal; net receipts,
2,831; gross, 2.831; stock. 16,547.
Norfolk—Net receipts, 2,193; gross
2,193; stock, 22,610. Exports—Continent'
500.
Baltimore—Nominal: middling, 7%c’
gross receipts, 750: stock. 7.232.
New York—Quiet; middling. 7c; net
receipts, 392; gross. 8.316; stock. 113 849
Exports—Great Britain, 6,875.
Boston—Quiet: middling, 7c: net re
ceipts, 310: gross, 2.585. Exports—
Great Britain. 1,095; continent. 150
Philadelphia—Quiet; middling. 7.25 c;
43/ rece,pt8 ’ ® l9; K roß *. *SB; stock. 7,1
Total To-day at All Ports—Net re
ceipts, 43,737; Great Britain, 11 740-
continent, 7,090; stock. 7.086,500
Consolidated, at All Ports—Net re
ceipts, 163.783; Great Britain, 25 98’'
France, 25,290; continent, 50.390; Japan
2,988.
Total Since Sept. 1. at All Ports—
. r * ce, £‘ b ' r, ' fion ' 977; Orat Britain,
!, ' r, ' nc, • <7s ’s*-‘- continent. 1,-
53.1,982: Japan, 52,998: Mexico, 13,393.
Interior Movement—
Houston—Easy: middling, 7c; net re
ceipts, 8.016; gross. 8.016; shipments.
4,546; Stock, 84,265.
Augusta—Steady; middling, 7c; net
receipts, 2.756; gross. 2.755; shipments.
451; sales, 780; Stock, 98.790.
Memphis-Quiet; middling. 6%c net
rece |p, s. 2.486; g uss, .5.396 shipments,
sales, 450; stock, 133,699.
St. Louts- Net receipts. 1,300; gross
T. 094 shipments, 6,932; sto. k. 35,564.
Cincinnati— Nat receipts. l.Mr.; gross
1.955; shipments, 2,932; stock. 4,603.
Louisville—Firm; middling. 7%i.
Tolsl To-ilajr—Net receipts. 16,462;
gross, 26.216: shipments, 24,878; ssles
1.180. stork, 356,911,
tff ISLAND C OTTON.
Fancy Florida# .|6%021%
Kxtrs chides Flortdss 184*019
• 'htr# Florida# II WIT %
Fancy Gaorgisa ~.19 @I9T
;’* u * ‘hoicc 'i*,.tgi*s jl Siii!
Gaorjiaa a t rtj
Kic* Bos Cta.'a sod Fls.* ..34 {tf
111 1 1 1
COTTON. STOCKS. BONDS. GRAIN
PROVISIONS AND COFFEE.
Direct Private Wires to All Market*
M UMBERS
New Orleans Cotton Exchange.
New Orleans Future Brokers Ass n.
New York Cotton Exchange.
New York Coffee Exchange.
Chicago Hoard of Trade.
Associate Members I.lverjiool Cotton
Association.
Savannah Cotton Exchange.
J. M. McCORD, Manager,
104 Bay, East. Savannah. Go.
SLUMP IN FUTURES
WAS 31 TO 38 POINTS.
New York, Dec. 28.—The sensational
decline In cotton was continued to
day as a result o< aggressive bear pres
sure immediately preceding the publi
cation of the ginners’ report at mid
day, after which there was heavy
liquidation and further pressure, so
that the downward tendency was con
tinued with the market finally barely
steady at the lowest point of the ses
sion and every active option on the
list selling well below the 7c mark,
with the near months around 6%c.
The opening was steadied by the
relatively good showing of Liverpool,
and increased spot business reported
there, with first prices showing a de
cline of 3 points on January and an
advance of 2@6 points on later posi
tions. But the bear leaders were ham
mering the market, and shortly after
the opening there was a break, carry
ing the market to a net loss of S®9
points. Later there was a partfal ral
ly on covering, but just before the
census report was received, prices
sagged off again, showing that the big
bears were confident of their position.
The report proved more bearish than
had been at all generally expected. The
bears took it 'as indicating a total crop
of around 13.000,000 bales, while the
lower Wall street bear leader, nfter !
the report was issued, raised his esti
mate of the crop to 13,500,000 bales.
The report was followed by active li
quidation. While some of the big shorts
appeared to be covering at the decline,
support was withdrawn on every little
bulge and bear pressure renewed, with
the market showing a final loss of 31®
38 points for the day. The closing tone
was barely steady and sentiment was
very apprehensive of a bad slump in
the Southern spot m'arkets as a re
sult of the report, and the decline in
futures. Sales futures for the day
were estimated at about 900,000 bales.
SPOT COTTON AT NEW YORK.
New York. Dec. 28.—Spot cotton
closed quiet. 35 points decline; mid
dling uplands. 7.00 c; middling gulf,
7.25 c. Sales, none.
Cotton futures at New York Dec. 28:
Options. I Open. 1 High. Low. ciose7
Dec 6.80 1 6.80! 6.52 1 6.49~
Jan 6.85 1 6.99 6.50 : 6.50
Feb 6.97 6.97 6.63 6.58
March .. .. 7.03 1 7.18 i 6.66 6.66
April .. .. 7.16 7.17 ! 7.00 6.75
May 7.21 7.28 6.80 6.81
June • 7.28 7.25 j 6.95 6.90
July 7.30 7.41 ! 6.95 6.95
Aug 7.32 7.31 i 6.99 j 6.95
Sept :• 7.35 7.25! 7.25 ....
Oct 7.42 7.42 | 7.05 | 7.07
"Bid.
Futures opened steady; closed barely
steady.
NEW ORLEANS SPOTS
DOWN 7-16 CENTS.
New Orleans, Dec. 28.—Cotton fu
tures steady; December, 6.39 c bid;
January, 6.37@6.38c; February. 6.43®
6.45 c; March, 6.51@6.52c; April, 6.55@ '
6.57 c; May, 6.63@6.64c; June, 6.68@ i
6.70 c; July, 6.74@6.75c. i
Spot cotton easy; sales 3,000 bales,
including 1,300 to arrive. Quotations |
reduced 7-16 c. .
Futures opened quiet. Prices were I
unchanged to 1 point higher. Soon
after the first call there was improve
ment of from 2 to 5 points, the mar
ket remaining steady until the gin
ners' report of the census bureau re
ported at 11 o'clock. The bearish char
acter of the report caused an almost
immediate decline of 53 to 57 points In
the midst of one of the wildest scenes
ever witnessed about the ring of the
Cotton Exchange. Later In the day the
excitement subsided and prices Im
proved 3 points from the lowest lev
els of the session. March opened at
7.02 c. advanced to 7.07 c, and then
dropped to' 6.50 c. The market closed
fairly steady. Net losses were 48 to
51 points.
LIVERPOOL COTTON MARKET.
Liverpool, Dec. 28.—Spot cotton in
increased demand, and prices 14
points lower; American middling fair,
4.26d; good middling, 4.02d; middling,
3.92d; low middling. 3.80d; good ordi
nary, 3.66d: ordinary, 3.50d. Sales of
the day were 10,000 bales, of which 2,-
000 were for speculation and export,
and included 9,600 American. Re
ceipts, 50,000, Including 41,400 Ameri
can. Futures opened easy and clos
ed weak; American middling, good or
dinary clause. December. 3.71d; De
cember-January, 3.71d; January-Feb
ruary. 3.73d; February-March, 3.78d;
March-Aprll, 3.82d: Aprll-May, 3.85d;
May-June, 3.Bsd; June-July, 3.91d;
July-August. 3.93d; August-September.
3.94d: September-Ortober, 3.94d; Octo
ber-November, 3.94d.
J. 8. DACHE A CO.’S
Dally Colt** Letter to Hayward,
Vick A Cos.
New York, Dec. 28.—The Ginners’ re
port published at noon to-day remov
ed the last vestige of doubt as to the
enormous size of the present crop, 737
counties were included In the report.
They ginned, counting round as half
bales, 11,848,113 bales, against 8,427.259
bales for the same counties last year.
As these counties last year reported
about 98 per cent, of the crop, It is
probable the completed returns to Dec.
13 this year will show slightly in in
crease of 12,000,000 bales. This, the
bears claim, will mean a total crop of
nearer 13,000,000 bales than 12,500,000
bales. After this date last year there
were ginned 1,300,000 bales. This sea
son ginning began earlier, but as there
has been so much more to handle It
| seems difficult to say that there will
| not be as much cotton ginned after
i Dec. 13, as there was last year. At
i any rate, the effect of the report on
popular sentiment In connection with
ull the talk of holding In the South
will be to strengthen expectations of
a 13.006,000 bale crop, and If enough
people believe It. it is Just the same
ns If It was actually so. It goes with
out saying that we have new low rec-
I ords with January cotton down to the
16% cent mark. The bears have re
covered somewhat since the report, but
on every little bulge they have brought
. fre*h prussure against the market and
there has been considerable liquida
tion.
DEMERE L HAMMOND. BroKers.
Plionta > 505. Qttica No. 24 Bryan street, bast.
COTTON. STOCKS, BONDS, GRAIN AND PROVISIONS
IHrmm ***** Wlr*. . I•!
UHAL IMIitUUU A U U.UI.TIi
SAVANNAH .MORNING NEWS: THURSDAY. DECEMBER 29. 1904.
DEMERE A HAMMOND’S
Daily Cotton Letter from New York.
New York, Dec. 28.—The Ginners'
report to-day provided another genu
ine sensation. The returns from 737
out of 1,819 cotton growing counties
showed 11,848,113 bales ginned to Dec.
13. The remaining counties which are
small ones, will probably bring the to
tal ginned up to 12.000,000 bales. After
this time last year out of a 10,000.000-
bale crop there was ginned 1.303.000
bales; two years ago the amount gin
ned after Dec. 13 was 1,702,000 bales
out of 10,700,000. With these figures
before us there is no escape from the
conviction that the crop growing will
prove fully 13,000,000 bales. So long
as there was a possibility of a crop
less than 12,000.000 bales, farmers were
inclined to hold, but when they are
convinced that 13.000.000 have been
produced, the question of whether they
will continue to hold or not becomes
a very live one. Within the next week
or so, it should be possible to get a
fair Idea of what their intentions are,
if demoralization should set in and
selling become general, it is possible
that prices may be as unduly depress
ed as they were unduly advanced dur
ing the boom of last January. No one
doubts that cotton now is selling be
low Us real value, but liquidation
must be faced, the question of value
cuts no figure in the price. Liverpool
is due to come about 15 lower to-mor
row.
WARE A LEI, AND
Ssy Colton 1* Now Ihe Cheapen!
Commodity in Country.
New York. Dec. 28. —As soon as the
ginners' report came out it was evi
dent that cotton could not stand up
under the tfgures. If there has been
about 12,000,000 bales ginned up to
Dec. 13. the crop is likely to be over
13,000,000 bales just as readily as not.
This is not a crop to bull cotton on
every hard, and gives bears such a
chance to raid prices that the break
was not unnatural. Cotton is now go
ing as much too low as it went too
high last year, but no one will be able
to call the bottom any more than to
call the top. When any staple, par
ticularly as valuable a staple as cot
ton, sells under cost of production
there is a field opened for the investor
that always pays big profits. The only
question is the extent of the decline
and the length of the time necessary
to bring about the change of condi
tions. That cotton bought at 684 cents
will pay a big profit if carried long
enough, every one knows, but where
shall we buy to catch the bottom?
There may be a lot of cotton thrown
on the market as a result of the
break, as banks in the South force
some holders to sell, but prices are
getting so low that when the rally
comes it will be a violent one for
the time being. Cotton is the cheapest
commodity in the country.
Trade Bodies to Close.
The Savannah Cotton Exchange will
be closed Saturday and Monday be
cause of the New Y’ear’s holiday.
Business will be resumed Tuesday. It
is possible that the Board of Trade
also will be closed on Monday, follow
ing the custom observed at the Christ
mas holiday season.
DRY' GOODS MARKET.
New York. Dec. 28.—The further de
cline in raw cotton upon the announce
ment of the ginners' report has had
more or less effect upon buyers in the
dry goods market, but little alteration
of sellers' ideas has taken place, al
though it is admitted an alternate re
adjustment must take place. The well
sold condition of many lines makes the
seller very reluctant to change his
quotations.
COTTON.
New York, Dec. 28.—1 believe this
season’s crop of American cotton to
be 13,500,000 bales or over. The census
returns show that up to Dec. 13 737
cotton producing counties in the South
had ginned (counting two round bales
as the equivalent of one square bale),
11,848,113 bales of cotton. The census
department further states that the
remaining unreported counties had
ginned this season - prior to Nov. 14,
1904, 89,261 bales counting round bales
as half bales. Avery conservative
estimate of the total quantity they
have ginned this season up to Dec. 13
is 10,000 bales, on which basis I esti
mate, therefore, that all the counties
in the cotton belt had ginned up to
Dec. 13 this year 11,948,113 or practi
cally 12,000,000 bales. To this must
be added the cotton picked and un
picked, but not ginned on Dec. 13.
Last season there were ginned after
Dec. 13, 1,324,837 bales and the sea
son before last 1,725,442 bales. I believe
that much more remains to be ginned
this year than in either of the two
previous seasons, hence my estimate
of 13,500,000 bales or more. The theory
that this amount will not be market
ed is of no Importance. Cotton is
grown to be sold and it will not be
destroyed. It will shortly be recog
nized that the crop is not to be reck
oned by port receipts and the stocks
at thirty-one arbitrarily selected in
terior towns. The cotton so coming
"Into sight” Is for the most part sold
and is not a factor of depression. It
is the unsold cotton In first hands yet
to find a market which wall carry
prices downward. On Dec. 13 the in
dicated quantity ginned was (as
above), 12,008,000 bales. There were in
sight 6,844,332 bales. There were ginned
but not in sight therefore 5,155,668
bales, to which must be added still to
be ginned at least 1,500,000 bales, or a
total of 6,655,668 bales In farmers'
hands invisible and unsold on Dec. 13.
Such a situation is without a prece
dent in the trade. It cannot but
result in a prolonged and acute de
pression to probably the lowest prices
ever reached. The world's spinning
trade. Impoverished by last year’s
high prices and the previous year's
corner, is without the resources of
credit requisite for the accumulation
of large surplus stocks. Even were it
otherwise. It is not to be expected that
manufacturers be so lacking in com
mercial sagacity as to buy largely at
prices thut are not as yet even
moderate when consldeered in rela
tion to condition present and prospec
tive. A surplus at the end of the
season of approximately 1,000.000
bales has generally resulted In 7 cents
cotton at some time during the spring
or summer. A surplus of over 2.000.000
bales has only once existed and the
price fell to 5 9-16 cents and did not
advance above 6% cent* for nearly a
year. in my opinion the surplua
supply over the most ißiorally esti
mated consumption this season will
not be less than 2,500,000 bales. It
makes no difference whether It la vis
ible or not. It will be on hsnd snd
must be sold, its selling will probably
cany cotton to prices ss low as the
prospective situation Is unprecedented.
On the facts any other ronrlualon Is
Illogical. (Ktgned)
Theodore Price.—ad.
SPIRITS EASED OFF
OPEXKIJ FIRM AT SO AM) CLOSED
STEADY AXD I CHANGED.
LATE SALES AT QUOTATIONS.
ROSINS IN GOOD DEMAND AND
TRICES ON COMMONS ADVANCED.
Market Opened Firm With Small
Gain* on Several of the Lower
Grade*—Cloned Firm and l'n
elinngei! hut in Lnte Trading An
other Adxance of 2 1-2 Cent* Wa*
I*n I<l on Common Grade*—New
York Market lor Both Spirit* and
Roiin Dull.
The sirits of turpentine market eased
off again yesterday in both tone and
price. The opening was firm at 50
cents, a decline of % from the close of
the day before, and the close was
steady and unchanged. Sales reported
at the opening were 184 casks, and at
the close, 80. In the late trading sales
were made at the closing figures. The
receipts were 652 casks, and the ship
ments, 25. The New York market was
quoted jit 5384 cents. London deported
38—3.
Rosin continued to be in strong de
mand and at advancing prices. The
market opened firm at an advance of
284 cents on several of the common
grades, and with sales of 2,045 barrels.
The close was firm and unchanged
without further sales, but in the later
trading offlerings generally were taken
at a further advance of 284 cents on
H, G. D. and B. The receipts of the
day were 4,426 barrels, and the ship
ments, 500. The New York market was
dull at 32.8284.
NAVAL STORESSTATEMENT.
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 44.660
Receipts yesterday 682 4,426
Receipts previously 163,501 507,144
Total 170,678 556,120
Exports yesterday 25 500
Exports previously 139,327 494,777
Total 139,352 495,277
Stock yesterday 31,326 60,843
Stock previously 15,444 82,347
I Yester- Day Be- Last
I day. fore. Year.
Tone ..| Steady. Steady. Firm-
Spirits 50 5084 5684
Sales 264 158 434
Rosin ,| Firm. Firm. ! Firm.
W. W. 5.15 5.15 3.55
W. G. 4.85 4.85 3.30
N 4.60 4.60 3.10
M 4.30 4.30 2.95
K 4.00 4.00 2.85
1 3.35 > 3.35 2.60
H 2.82% 2.80@2.82% 2.40
G 2.7244 2.70@ 2.7284 2.30
F 2.6784 2.6284 @2.65 2.25
E 2.6284 2.60® 2.62 84 2.25
D 2.5784 2.55 2.25
C. B, A 2.528#! 2.50 2.35
Sales ,| 2,045 | * 1,513 3,181
IN OTHER MARKETS.
New York, Dec. 28.—Rosin quiet;
strained common to good, J2.80®2.82%.
Turpentine quiet.
Charleston, S. C., Dec. 28.—Turpen
tine and rosin, nothing doing.
Wilmington, N. C., Dec. 28.—Tur
pentine, nothing doing; receipts, 13.
Rosin steady at 32.40; receipts, 234.
Tar firm at 31.60; receipts, 251.
Crude turpentine firm at 32.30 and
33.70; receipts, 69.
New Orleans. Dec. 28.—Receipts,
rosin, 38 barrels; turpentine, 17 casks.
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 258,497
Week 1,207,696
Month 6.671,243 5,150,427
Since July 1 39,922,589 36,875,598
Where Shipped—
Foreign 2,294,444 3,107,070
Baltimore 10,546,240 4,309,882
Philadelphia 5,085.293 6,840,344
New York 21,022,710 11,259,227
Boston 730,667 1,167,206
Other ports 253,410 10,192,669
GENERAL MARKETS.
New York. Dec. 28.—Flour held
higher, but trade was quiet; Minne
sota patent, 35.85@6.20.
Rye flour quiet.
Buckwheat flour dull.
Corn meal steady.
Rye nominal.
YVheat —Spot, Irregular; No. 2 red,
$1.20%. Options broke a cent a bush
el to-day. Near the close prices ral
lied on covering, but still left off %@
%e net lower; May, 31.14%; December,
31.20%.
Corn —Spot, easy; No. 2,56 c. Op
tion market was quiet, closing partly
%c net lower; May, 51%c; December,
56 %c'.
Oats —Spot, firm; mixed, 3584®3684c.
Beef steady.
Cut meats dull.
Lard quiet; Western steamed, 37.20;
refined dull; continent, 37.25; com
pound, 5%@5%c.
Pork quiet.
Tallow quiet.
Rice firm.
Molasses steady.
Butter very firm; creamery, 17®
2784 c; state dairy. 16@260.
Cheese firm, unchanged.
Eggs firm, unchanged.
Potatoes steady; Long Island, 31.75®
2.00; state and Western, 31.25®1.50;
Jersey sweets, 32.00®3.50.
Peanuts steady.
Cabbages steady; flat Dutch, per 100
32.00W8.00.
Cotton by steam to Liverpool, 15®
20c.
Sugar—Raw steady; refined firm:
confectioners' A. 5.60 c; mould A,
8.10 c; cut loaf, 6.45 c; crushed. 6.46 c;
powdered. 5.85 c; granulated. 6.75 c;
cubes, 6.00 c.
Coffee—Spot steady. The market for
coffee futures opened steady at an ad
vance of 6 to 10 polnta, but lost the
advance and closed net unchanged to
6 points lower. Sales. 120,750 bags.
CHICAGO MARKET*.
Chicago. Dec. 28.—Prospects of an
enormous Argentine crop outweighed,
apparently, ell other considerations In
Ihe wheal pit here to-day. The result
was a weak market, Key closing 84®
%, down. Ccn is off %•%<- Oats
and provisions are about unchanged
The leading futuraa ranged as fol
lows
Opening Highest Lowest. Closing
Wheat No.
De. l II II 11% II 12% II !>%
May .... 1 14% 1 14% 1 11% 131
July .... 99% 99% 98% 09
Corn. No. 2
Dec .... 4684 46% 45% 45%
May .... 45% 45% 458* 45%
July .... 45% 45% 45% 45%
Oats, No. 2
Dec .... 29% 29% 29% 29%
May .... 31% 31% 31% 3184
Ju ‘F "• 31% 3184 31%
Mess Pork, per barrel—
Jan 12 50 12 5784 12 50 12 55
May ....12 92% 12 9284 12 80 12 8784
Isari], per 100 pounds—
Jan 685 6 8784 6 82% 685
May ...7 12% 7 12% 7 07% 7 12%
Short Ribs, per 100 pounds—
Jan .... 642 645 6 42% 645
May 6 <2% 6 72% 6 67% 670
Cash quotations were as follows:
osXiVe® ?°1 2 spring Wheat,
3 - *l-00® 1.12; No. 2 red,
$1.15%®1.17%; N'o. 2 corn. 45%c; No 2
yellow, 45%c: No. 2 oats, 29%c; No.
3 white. 3084@31%c; No. 2 rye. 7384 c
good feeding barley, 37c; fair ‘to
choice malting, 41@48c; No. 1 flax
seed. 31.17; No. 1 Northwestern, 31 25'
prime timothy seed, 32.72%; mess pork
per barrel, 3H.30@11.40; lard, per 100
short ribs sides (loose),
•HoSHJ’ short c * ear sides (boxed),
36.62@6.75; whisky, basis of high
wines, 31.24; clover, contract grade,
112. 5.
Receipts Wheat, 107.000 bushels:
corn. 1,322,100 bushels; oats, 216100
bushels.
COTTON SEED OIL.
New York. Dec. 28.—Cotton seed
oil dull; prime crude f. o. b. mills, 17c;
prime summer yellow. 23%<5;24i; off
summer yellow, nominal: prime white,
2i@27%c; prime winter yellow, 27®
27%c.
GINNERS’ REPORT
Showed 11,986,614 Running Bales
IP to Dee. 1 Last.
Washington, Dec. 28.—The census
bureau to-day issued a report giving
the quantity of cotton ginned in 737
counties up to Dec. 13 last as 11,986,-
614 running bales, which is the equiv
alent to 11,848,113 commercial bales.
The commercial bales reported to the
same period for 1903 amounted to
8,747,669.
In arriving at the number of com
mercial bales, round bales are counted
as half bales.
The report to the same date last
year covered 812 counties as against
737 this year. The report for the pres
ent year covers the output of 29,657
ginneries, while 29,527 were Included
in the report for 1903. The product
of the different states for this year,
in running bales, reported to Dec. 13
is as follows:
Alabama, 1,296,915; Arkansas, 769,186;
Florida, 75,283; Georgia. 1,795,797; In
dian Territory, 433,755; Kentucky, 1,-
252; Louisiana, 870,618; Mississippi,
1,403,458; Missouri, 36,444; North Car
olina, 657,195; Oklahoma, 294,041;
South Carolina, 1,083,756; Tennessee,
271,235; Texas. 2,982,819; Virginia, 14,-
960.
CRAVEN GOES TO JAIL
Connection of the Bradley Martins
Ylnde n ’’Rough House.”
London, Dec. 28.—A. E. Craven, a
cousin of the Earl of Craven, son-in
law of Mr, and Mrs. Bradley Martin,
formerly of New York, has been sen
tenced to twenty-one days in jail for
a brutal assault on a fellow passenger
on a train. The latter, while entering
a crowded car, bumped against Mr.
Craven’s knee with his gripsack. Cra
ven offensively demanded an apology
and upon receiving a refusal, struck
the plaintiff in the face. Craven then
loudly proclaimed himself “a gentle
man whose name would be found in
Deßrett and a cousin of the Earl of
Craven.”
The plaintiff declared that Craven's
conduct was not that of a gentleman,
whereupon Craven dealt him a vio
lent blow on the nose, drawing blood
profusely.
The magistrate In sending Craven to
Jail, characterized the assault as most
unjustifiable and most blackguardly,
for which a fine was quite inadequate.
CRITICAL ’IN’MOROCCO*
American Consol General Thinks
Trouble Is Ahead.
Washington, Dec. 28.—Conditions in
Morocco apparently have entered on
a critical stage, according to cable
advices received at the State Depart
ment to-day from Hoffman Philip, the
acting American consul general at Tan
gier.
After reciting the Indefinite post
ponement of the French mission, the
recalling of the military mission, the
French consul and the warning of all
French subjects away from Fez, Mr.
Philip added that the foreign ministers,
Including himself, were awaiting in
structions.
Mr. Pierce, the third assistant secre
tary of state, promptly cabled Mr.
Philip, directing him in the event that
serious trouble should appear immi
nent, to advise American citizens in
Morocco to come into Tangier. The
consul general is directed to observe
strict impartiality and to keep the de
partment fully informed.
BODY OF WOMAN
FOUND AT AIRSHAFT.
New York, Dec. 28. —A young woman,
bearing many evidences of prosperity,
was found dead to-ntght at the foot
of an airs haft In a tenement house in
Delancey street. The police are un
decided whether her death was the re
sult of a crime or accident.
She lay with her head bent under her
body and her neck is thought to have
been broken. She was about 30 years
of age and well dressed. She wore a
plain gold wedding ring marked, “T.
B. to C. C.. April 19. 1900.”
The police are looking for a man
who was seen In the hallway into
which the alrshaft opens, and who,
when asked his business there, replied
that he was an Inspector of the build
ing department.
BECKWITH IS ILL.
Heart Trouble Now Afflict* the In
tlleteil Ranker.
Oberlln, 0., Dec. 28.—President C. T.
Beckwith of the First Nntlonal Bank
of Oberlln, who Is under Indictment
for misapplication of the funds of that
bank, was taken suddenly and serious
ly 111 to-day. Hl* physician says the
illness Is a serious case of heart
trouble, and Is the result of worry
and anxiety over his financial troubles.
NO DECISION REAC HED.
Odell Not Yet Hearty to Talk About
the Meuntorshlp.
Nsw York. Dec. 28.—There will be
another conference to-morrow between
Gov. Odell and those of the Republi
can leaders who mei him to-dsy over
Ihs aenatorshlp question. Although Ihe
con/srsnce held to-day lasted msny
hour*, apparently no decision was
reached
"I mey make a statement to-mor
row " Gov Odell said, "hut I shall not
prom to# poaltlveiy | think that m very
body will h* aatialUd whoa tha ques
tion la devidsd.”
EGGS. EGGS.
By our increased sale of Fresh Country Eggs we
see many are wise. The balance will get wise. That
Fresh Egg Flavor will tell.
Trade supplied. Prices right.
A. EHRLICH & BRO.
in, to 115 Bay Street, west, - - • Savannah, Ga.
THE CHASMARKING SUPPLY CO.,
126-130 Bay street, West.
JOBBERS.
BATH ROOM FIXTURES. SANITA RY PLUMBING GOODS. WROUGHT
IRON PIPE, FITTINGS, etc. All supplies for STEAM. WATER and GAS.
Sole Agents for the celebrated HUXL EY VALVES.
Wool, Hides, Wax, Raw Fors and Skins.
Write for Prices.
D. KIRKLAND,
415 TO 421 ST. JU LIAN STREET. WEST.
SAYS HE FEARS NAN
IS GOING INSANE.
Doctor, However, Doe* Not Agree
With Patterson In This.
New York, Dec. 28.--Nan Patterson's
father, who spent the greater part of
the day with his daughter in the
Tombs, said after leaving her, that he
feared she was going insane.
"She is broken down completely,” he
said. "I tell you, my little girl is a
physical and mental wreck. I am
afraid that her mind is giving away
under this dreadful strain. She is
worse than she was when she collapsed
after hearing of the jury's disagree
ment. I have sent for our family phy
sician.”
Dr. Maguire was sent for later, and
after examining the girl, said:
“Nan Patterson Is in a highly nerv
ous and even a hysterical condition,
but In my Judgment, there need be no
fear of insanity from present indica
tions. She laughs a good deal, but the
laughter is more of a hysterical charac
ter than from an impulse that would
appear like insanity. She needs good
care and constant watchfulness and
companionship. The latter, as we all
know, cannot be very well supplied In
a prison.”
NOT UNTIL SHi'cAN
SUPPORT A HUSBAND.
That's the Advice That Is Given
Young Women.
Chicago, Dec. 28.—N. W. Ferris, re
cent Democratic candidate for Governor
of the state of Michigan, in an ad
dress before the National Commercial
Teachers' Federation here has advised
women stenographers and women in
general not to marry until they are in
a position to support a husband.
"Until a woman is able to support
a husband, she should not contemplate
matrimony,” declared Mr. Ferris.
“While I believe it Is the duty of every
woman to marry, still I also believe
that before taking so serious a step,
a girl should look ahead and prepare
for possible future misfortunes. There
fore, every girl should fit herself for
an emergency and be prepared to step
into her husband's place in the sup
port of the family in the event of any
thing befalling him which will unfit him
for work.”
DID NOT GIVE SHELL
TO HIS SISTER.
Detroit, Mich.. Dec. 28.—William
Mahu, chief gunners’ mate in the
United States navy, whose sister, Mrs.
Thomas E. Barnes, was killed by the
explosion of a one-pounder shell In
her home here last week arrived here
to-day and said:
“I did not give the shell which caus
ed her death to my sister, as was re
ported. It was given to my mother
eight or ten years ago and was a
Spanish shell. The day that the news
of my sister’s death was received In
Newport, R. 1.. 200 or more shells and
similar relics of the Spanish war were
taken out on Narrangansett Bay in
small boats by their owners and sunk
in deep water.’’
FOUND THE WOMAN’S
NECK WAS BROKEN.
New York, Dec. 28.—The young -wo
man who was found dead in River
side Drive last Monday and who, It
was first thought, was a victim of
starvation and exposure, came to her
death by violence, according to the
report of Coroner's Physician Wes
ton, who performed an autopsy on the
body to-day.
The autopsy showed that the wo
man's neck had been broken, and there
was a severe bruise on the right arm.
Dr. Weston says she may have been
murdered, or her Injuries may have
been wholly accidental. The body has
not yet been identified.
NICHOLAS MAY NOW
CONSIDER PEACE.
Berlin, Dec. 28.—1 tis believed here
that the latest rumor regarding the
willingness of Emperor Nicholas to
listen to mediation proposals rests up
on a fresh inquiry of France as to
what terms he Is willing to accept In
the case of mediation. Official, circles
in Berlin entertain the possibility that
something in this direction has been
going on since It has been known that
France and Great Britain were anxious
to terminate the war.
PRINCESS RADZIVVILL
WILL BRING SUIT.
London, Dec. 28.—The Dally Chroni
cle states that Princess Kadzllwlll has
decided to bring action against the
executor* of the estate of Cedi Rhode*
with the object of vindicating her
character from accusations In Conner
tlon with her versional relations with
Mr. Khodea.
I'iih Leave* New York
New Yo k. Dei'. 28,—The heavy
blanket of log -vhli h had uutig u ..r
New York city, the harbor and
yesterday and laat night, causing
much delay to traffb and some aec*
dents, lifted asrly to-day. Water and
rail traffic again began to move an
si bedule snd • number of steamers
from foreign snd usmlvlm parts,
whirl) had boon compelled la wait off
bandy Hook found thair way |gta
part aariy to-day mutb MtotaC.
CHOATE WILL RESIGN.
He Has Had Enough of the Court
of St. Janies.
London, Dee. 28. —While numerous
semi-official statements have been pub
lished here that Ambassador Choate
is about to retire from diplomatic life,
it can be stated that Mr. Choate has
not sent his resignation or any com
munication on the subject to President
Roosevelt, or the State Department;
nor has he received any inquiry either
from the President or Secretary Hay
concerning his future plans. It can
be safely asserted, however, that it
is Mr. Choate's intention to tender his
resignation soon after the Inaugura
tion of President Roosevelt.
“Six years is a long slice out of the
life of a man of my age,” said Mr.
Choate recently to friends here, "and
while I have enjoyed the life and the
people I have met in England, I have
'determined to go home and devote the
remainder of my time to looking after
my own affairs.”
ROOSEVELT AGAIN
PLAYS TO THE SOUTH.
Paris, Tex., Dec. 28.—Replying to an
invitation extended by Albert Sidney
Johnson Camp, U. C. V., extended
through its commander, J. W. Hardi
son, President Roosevelt promises to
visit Paris on his Southern trip, if
possible. His letter says in part:
“Personally I had kinsmen on both
sides. Two of my mother's brothers
fought in the Confederate service—one,
by the way, served on the Alabama
under Admiral Semmes, the father of
the wife of that gallant ex-Confederate,
Luke Wright, whom I have made
Governor of the Philippines. It was
but the other day that I designated the
only living grandson of Stonewall Jack
son a cadet at West Point, and have
just made 'Jeb' Stuart, Jr., United
States marshal for the Eastern district
of Virginia.”
FARM PRODUCTS VALUES.
Washington, Dec. 28.—Final returns
to the chief of the Bureau of Statistics
of the Department of Agriculture show
the production and value of the prin
cipal farm crops of the United States
in 1904 to have been as follows; Corn,
2.467,480,934 bushels, valued at 31,087,-
461,440; winter wheat, 332,935,346 bushels,
valued at 3325,611,373; spring wheat.
219,464,171 bushels, valued at 3184,878,-
501; oats, 894,595,552 bushels, valued at
3279,900,013; rice, 21,096,038 bushels,
valued at 313,891,523; potatoes. 332,830,-
300 bushels, valued at 3150,673,392; hay.
60,696,028 tons, valued at 3529,107,625;
tobacco, 660,460,739 pounds, valued at
353,382,959.
JAPANESE OCCUPIED
THE ENTIRE FORT.
Tokio, Dec. 29. noon.—The Japanese
occupied the entire fort on Rihlung
mountain at 7:30 o’clock Wednesday.
Died of Injurflen.
Chicago, Dec. 28.—John G, Hartigan,
of Little Rock, Ark., superintendent
of the Iron Mountain Railroad, died
at St. Luke’s Hospital here to-night
from injuries sustained last night,
when he was struck by a railroad train.
FLORIDA.
J. M. Plekart, Leavenworth, Kan.
Leavenworth, Kan., Dec. 28.—John
M. Plekart, who took part in the ear
ly border troubles in this state and
was with the party that captured “Old
Kickapoo," the pro-slavery party's
cannon, died at his home here to-day
of pneumonia, aged 70 years.
OFFICIAL.
RIDS WANTED.
Office Director of Public Works.
Dec. 23, 1904.—Bids will be received
at this office until Friday, Dec. 80,
1604, at 12 o'clock noon, city time, by
the Streets and Lanes Committee, for
furnishing feed as follows:
No. 1 Timothy Hay, per 100 pounds.
No. 2 Timothy Hay, per 100 pounds.
Best quality Mixed Oats.
All to be weighed at City Lot. En
velopes to be marked, “Bids for Feed.”
The city reserves the right to reject
any or all bids. I’erference given to
party who can deliver feed from one
location. Rids to be opened in pres
ence of bidder.
PROPOSALS FOR SUPPLIES.
Sealed proposals will be received at
this office until Friday, Dec. 30,
1904, at 12 o'clock noon, city time, by
the Streets and Lanes Committee, for
furnishing Ihe city with supplies to be
purchased during the month of
January, 1905, such as Harness,
Oils, Paints, Iron, Lime, Cement,
"rick, Hardware. Tools, Lumber and
such other materials us is used by
this department.
All proposals must be made on offi
cial forms, which can be had at this
office on or ufier this date.
Envelopes to be marked, ’’Proposals
for Supplies.’ The city reserves tha
r ht to accept or reject any or all
Mas. Bids to be opened In the pres
ence of bidder.
GKO M. GADHDKN.
Director of Publlo Works.
Imported Molasses.
celotd kg bark Latlsla. For sale k*
C M. GILBERT & CO.
IMPONTKKA
OLD NICWIPAPIM. |t FO 18
Wawa. ** •tkrtnaaa Cffioa, MarMfffl