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8
GAINS IN FUTURES
SHOW* AT CLOSE OF CHIEF SPEC
ULATIVE MARKETS.
LOCAL SPOTS UNCHANGED.
SOME fOTTOJi SOLD AT QI’OTA
TIO.XS BIT AO GREAT A MOIST
OF IT.
Receipt* nt This Port Show Material
Falling Off for Last Few Dn>.
l.lttle Disposition On Part of Hold
er* to Sell at Current Price*—F.
O. B. Market Steady nt Slightly
Higher Basis—Bid* Above Market
Made iu l.ate llay.
AT THE CLOSE.
FI TI RES.
Liverpool. C to O point* higher.
\ew York. lO to 14 point* Maher.
. \ew Orleans, Bto XO point* high
er.
SPOTS.
Liverpool, 14 point* higher.
Sew York, 10 point* higher.
New Orleans, unchanged
Savannah, nneliaaged.
A decidedly better tone was evident
In the cotton futures markets yester
day, starting with that of Liverpool,
where the list closed 6 to 9 points
higher, and where spots showed gams
of 14 points. The cause of this ad
vance, according to advices received
In Savannah was shorts covering,
small offerings, and continental buy
ing. New York and New Orleans re
flected this better tone, the first clos
ing at* gains of 10 to 14 points, and the
latter, at gains of 9 to 11 points.
Little business was done in the lo
cal market according to the amount of
the sales posted, which were but 290
bales for the day. There was a fail
demand for supplies and some cotton
for sale at quotations, but no very
large amount of it. Receipts for the
last few days have shown a very ma
terial falling off and even those that
are coming in are not always for sale,
no small portion of it being shipped to
furnish additional margin for cotton
now being held in first hands.
The tone, prices and sales for the
day in the local market follow.
| Open- | 1 I Clos
| ing. lo'cloek. ing.
fQuiet. i Quiet, j Quiet.
Good midding . 6% ' 6% ; 6%
Middling I 6% 6% 6%
Low middling ■[ 6 !_6 _6
Pales I 115 | 175 |
Total sales yesterday, 290.
Time, 1 p. m., day before, 701.
The f. o. b. market opened steady
at a slightly higher basis than that
of the previous day, steady at 6 13-16 c.
basis good middling, and closed steady
and unchanged. After the close bids of
6% were received, but cotton was not
plentiful even at that advance.
SPOT COTTON MARKET.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange yesterday.
I 1:00 i Year
Grades. i P. >Lj Ago.
Good middling ! 634 *
Middling 6%
Low middling i 6
Tone ; Quiet. | 1
•Holiday.
Sales yesteWay, 290.
Exports—
Foreign 26,659
Foreign for season 799,068
Last year
Coastwise : 1.964
Coastwise for season 276,474
Last year
Receipts yesterday 3,182
Last year
Year before last
Receipts since Sept. 1 1,175,833
Receipts same time last year.. 907,978
Stock yesterday 113,116
Stock last year 121,786
Receipts and Stocks at Ail Ports—
Receipts yesterday 30.073
Same day last year 44.132
Same day year before last .. 13,362
So far this week 234.036
Last year 291,697
Year before last 251,233
Receipts since Sept 1, 1904 ...5,871,402
Last year
Stock at all ports yesterday ...1,058,612
Stock same day last year 939,167
Sea
Receipts Past Week— Upland.lsland
C. of Ga 17,743 13s
S., F. and W 2,691 779
C. and 8 1,436
Southern 3,474 38
S. A. L 6.309 38
Savannah river steamers. 71
Beaufort and other steam
ers 5
Carts
Totals 31.779 1,340
Exports—
Great Britain 13,813
France
Continent 38.036
Coastwise 8,029 1,011-
Interior
Totals 59,868 1,019
DAILY COTTOX MAHKIT.
Port Movement—
Savannah—Quiet; middling, fit4o; net
receipt*, 3,182; gross, 3,182; sale*, 701;
stock, 113.115. Exports—Continent, 26.-
659; coastwise, 1,864.
Galveston—Ht early; middling. 6%<
net receipt*. 6,143; gros*. 6,143; sales.
90; stock. 214,950. Exports—Great Brit
ain, 6,877.
New Orleans—Steady; middling, OVfcc;
net receipts, 9,744; gross. 9.744, sales
6,100; etotk, 449,539. Exports—Conti
nent, 1,391; .oastwise, 25.
Mobile—steady; middling, 6\c; net
receipts, 183; gross. 183; sale*. 900
stock, 72,609.
Charleston—Quiet; middling. Vfri ; net
•Script#, 864; gross 864, steak. 38,343
®xport~Ooa*t wise, 360.
Wilmington—Nominal; net recdrrts
461. gross, 481; stock, 17,561
Norfolk—Net receipts, 1,162; gross, 1 .
162. stock. 14,040.
Baltimore— Nominal; middling, 7.
not receipts, 1,916; grots, 2,9 H stock.
3,634. Exports—Greet Britain. 4.412
optrtlnetst. 2,501
New York -Quiet; middling. 6 VO' ; tiH
fm viiifflM. XXX i KHMm, 1,01 It, *ul*+ UXI
slock. 103,464, Exports—Great Brit aim
1,112,
I Jo* lon Steady; middling, t 95‘ m
receipts, 144 grogs, 1,905. E* pot is
limit Writ sin, UK,
l-'bitadelplils gtesdy, middling, 7.its
Mel receipts, 303. gross, 306, etocji V
Oil
lit unsw-b k Ne rmt-Mfrts, 5,417, gits
5,417, stock. Hffl
JacMsur 1 vtiis ,’t*t t*,gpt#, 133, groe#.
1M tvs /si ecs 1 uhsi wig,. 133
MstepOit Mew# Net #,< ettss 91,
gross 91 st* *cfc 55 Eepot ie t 'oast -
tries 9J
I c cl Yg 4 deg act AH Fonts-Mig ** •
ceipts, 30,061; Great Britiain. 15,210; con
! tinent, 30,551; stock, 1,058,612.
Consolidated, at All Ports—Neit re
ceipts. 234.208; Great Britain. 41,190;
France, 26,194; continent. 90,354; Japan,
13.746.
Total Since Sept. 1. at All Ports—
Net receipts. 5.871.402; Great Britain,
2.075,005; France. 476,466; continent. 1,-
575.946; Japan. 63,756: Mexico, 13,393.
Interior Movement—
Houston —Steady; middling, 6%c; net
receipts, 6.405: gross, 6,405; shipments,
6,151; sales, 1,754; stock. 85.375.
Augusta—Steady; middling. 6%c; net
receipts. 626; gross, 626; shipments. 312;
sales, 1,594: stock, 99.456.
Memphis—Quiet; middling, 6%c; net
receipts. 1,893; gross, 4,311; shipments.
3,839; stock. 133,722.
St. Louis— Dull; middling. 678 c; net
receipts. 700; gross, 4,907; shipments.
4,442; stock. 36.362.
Cincinnati —Net receipts. 1,293; gross,
1,293; shipments. 1,323; stock. 3,187.
Louisville—Firm; middling. 7c; net
receipts, r.S: gross, 58; shipments, 5;
sales, 5; stock. 50.
Total To-day—Net receipts, 10,975;
gross, 17,610; shipments, 16,072; sales,
3,353; stock, 358.152.
SEA ISLAND COTTON.
The sea island cotton market closed
the week ending yesterday dull and
with prices nominal. The ginners' re
port shows the amount ginned to Dec.
13 of the present season to be larger
than that to the same period last year,
that of 1904 being 85,728 bales, against
59.248 for 1903.
Prices follow;
Fancy Floridas 20%21 %
Extra choice Floridas 18%?S19
Choice Floridas 17 1)17%
Fancy Georgias 19 ®l9>4
Extra choice Georgias 18 0)18%
Choice Georgias 17 <SI7%
Extra fine Ga.'s and Fla.’s ..14 ®'ls
~ | 1904. 190 L
Receipts, net ' 1.496 1.771
Receipts, gros 1 1.340! 1,743
Sales 685i 2,105
Exports ' 1,019 429
Stocks 11,679 8,856
Receipts season, gross ! 42,165 34.350
Receipts season, net 39.731 33,310
Shipments—
To Manchester via Boston..! 150'
Domestic, via Boston I 50!
Domestic, via New York ..1 819
Havre direct I ' 334
Bremen direct ' 95
Charleston. S. C., Dec. 30.—Sea island
cotton receipts, 461; exports, Great
Britain, 160; Savannah, by rail, 100;
stock, 3,470: sales, 238: market, quiet;
fully fine. 25c; extra fine, 27c.
SHORTS DISAPPOINTED
IN GINNERS’ REPORT.
New York. Dec. 30.—The cotton mar
ket was much less active, but while
very irregular, was steadier on the
whole, closing to-day with a moderate
recovery of recent losses. The opening
was firm at an advance of 12@13
points, which was hardly a full re
sponse to the cables reporting an ad-'
vance of 12@13 points for futures, and
of 14 points for spot cotton in the Eng
lish market, while private cables re
ported small Southern offerings and
fresh buying as a cause of the strength.
After the call here there was a grad
ual renewal of bear pressure, and by
midday prices had sagged off to about
or a little under the closing level of
yesterday. The final installment of
the ginners’ report was issued at mid
day. It was, if anything, a little dis
appointing to some of the smalle
shorts, who had been reckoning on tue
report, showing slightly over 12,000/1)0
bales, and may have been responsible
for some covering. In a general way,
it had no effect, however, although the
market during the afternoon ruled gen
erally steadier on a demand, which %vas
credited to Wall street shorts, and
was finally very steady, net 10 to 14 1
points higher. Sales were estimated ;
at 250,000 bales. The into sight figures |
for the week came to only 356,369 bales,
against 424.276 bales last year, and the I
outlook for receipts for the immediate
future seemed to be light, but this
does not seem to be having the effect
of discrediting the ginners’ report, al
though that document is meeting with
some criticism.
The market will be closed to-morrow
(Saturday), and will not reopen until
Tuesday after New Year's.
The Liverpool market, as well as
New Orleans, will also be closed on
these davs.
SPOT COTTON AT JEW YORK.
New York, Dec. 30.—Spot cotton
dosed quiet, 10 points higher: middling
uplands. 6.95 c; middling Gulf, 7.20 c;
sales. 825.
Cotton Futures at New York—
Options, | Open.| High.! Low. Close.
Dec 6.65 { 6.65 | 6.65 ....
January ... 6.58 6.59 6.44 6.59
Feb : 6.69 I 6.61 6.70
March 6.77 I 6.77 1 6.62 6.76
April 6.83 [ 6.82 6.81 6.84
Mav 6.88 I 6.90 6.75 6.89
June *6.90 6.90 6.90 6.98
July 7.04 7.04 6.91 7.03
August .... 7.08 7.12 6.99 7.06
Sept *7.10
October j 7.23 7.20 7.20
‘Bid.
Futures opened firm; closed very
•deady.
NEW ORLEANS LIST
VERY FIRM AT GAINS.
New Orleans. Dec. 30.—Cotton fu
tures steady: December nominal; Jan
uary, 6.4966.50 c: February, fi.557ifi.57c;
March. fi.53<&6.64c ; April, 6.68716.70 c;
May, 6.745i6.75c; Jlltie, 6.79®6.81c; July,
0.85® 6.86 c.
Hpot cotton steady and In good de
mand. Sales. 6.100 bales. Including 1,-
000 to arrive. Quotations unchanged.
Futures opened from 5 to 8 points up,
improved 3 points additional, but grad
ually receded 10 ft 15 points on liqui
dation* of weak longs. Later In the
day buying orders were quite plentiful
and resulted in sending prices up to
about the highest figures of the ses
sion on the improvement In New York
and Liverpool. The Census Bureau
glnners’ report, complete to Dec. 13.
was posted at 11 o'clock, but had no
effect on the market. In the trading
January opened 8 point* up at 6.17 c.
*old up to 6.50 c. declined to 6.36 c, unci
finally advanced to 6.4 r. The closing
was very firm, showing net gaiii* of
9 to H points,
LIVERPOOL POTTO B MARKET.
Liverpool, Dec. 30,—Spot cotton In
'air demand, prices 14 higher;
American middling, fair. 4. lid; good
middling, 3,67d, middling, 8,77d; low
middling, 3.664. good ordinary, 3.514:
ordinary 3.35d. The sales of the day
vete 6,000 bale*, of which 2,000 Were
lor sieve ulatlem and export and In
lu'.ed 7J#(| American, Itecclpts, 42 000
bales, Including 37.t00 Ann-risii. Ku
' Ores C>pc-n. and Steady grid closed Steady;
American middling, josod ordinary
lau January, 2.*od; Jdnuary-Keb
rusty. 2 pid February-March, 26,]
Mar-h-Apill, s.4*d. April May, *724
May Jura 3 76d, Jura July, *764
July - August * 614; August-Kepteiupi r.
DEMERE L HAMMOND. Brohers,
Hwiits tyjt OH ft*. 34 iir/gn Ur*rt, kg at.
union, stocks hours, grain ami provisions
I Msecs g'Hcsts. Mires Is |rcrgtg f t -l*rr~ig~T
iAM Ai M3 A413 Ilia A *#'*44314441
SAVANNAH MORNING NEWS: SATURDAY. DECEMBER 31. 1901.
3.83d; September-October, 3.83d; Octo
ber-November. 3.BCd.
Cotton Statistic*.
Liverpool, Dec. 29.—Following are the
weekly cotton statistics;
Total sales, all kinds. 33,000 bales;
total sales American, 31,000; English
spinners, takings, 77,000; total exports,
12,000; imports ail kinds, 181,000 im
ports American, 147.000; stock all kinds,
i 834,000: stock. American, 765,000: quant
ity afioat. all kinds, 366,000; quantity
afloat, American, 320,000; total sales
on speculation, 2,300; total sales to
exporters, 3,1d).
WARE A LELAND
Say Cotton Market I* No Longer a
Thing ot .Speculation.
New York. Dec. 30'.—Prices have
crashed to a figure that is not only
the lowest since 1899, but that is way
below the actual cost of growing cot
ton on plantations. It seemed as
though holders of cotton tried to sell.
The fact of the matter is that 'he
speculator has in reality sold cotton
for the grower, as the grower himself
still seems to regard prices as too low
to suit his ideas. This is shown in
the ridiculously small movements,
while there seems to be nothing as
yet in the complexion of the market
that would attract speculation, buying
for a rise in prices, and yet every one
knows that when any commodity gets
below the cost of production it is sim
ply a question of time when the in
evitable advance takes place. There is
nothing as certain in the entire field
of investment as the gradual purchases
of indestructible commodity at an ex
cessively low price. This much is said
of the cotton market, now’ in the hand
of the bear speculator, who is making
prices as relentlessly low as the bull
speculator made them ridichiously high
in January of this year. That is that
the market is no longer a thing of
speculation. The persistent downward
swing of the pendulum may carry the
market to 6 or 5% or again the mar
ket may be scraping bottom as we
write. No man can guess the low
point, but cotton is now an invest
ment on which profits are certain to
accrue, though such profits may be
long deferred. We wish you all a
prosperous and happy New Year.
DEMERE A HAMMOND’S
Dully Cotton Letter From New York,
New York, Dec. 30.—The final in
stalment of ginners' report has at last
been published, seventeen days after
the date when returns were made up
by ginners. All agitation on the sub
ject, it is evident that this delay w r as
not accidental, but was due to the
absence of returns from a number of
ginners in different parts of country.
Spot markets throughout the South
showed evidences of a better demand
for mill accounts, and it looks as if
spinners are willing to buy around
present prices. There has been a good
deal of short covering to-day to take
down profits, just as there was in ad
vance of Christmas, and there are
confident predictions that the reopen
ing on Tuesday will see another ex
hibition of weakness, such as we saw
last Tuesday. It must be remembered,
however, that prices are much lower
than they were then, and further, that
there is no disquieting feature like a
ginner's report due within the next
few days. The market, therefore, will
be governed by legitimate forces of sup
ply and may be at this level is the un
known quantity, and unless it develops
into a large volume, it is more than
probable that the demand from mills
will prevent further decline. No mat
ter how bearish the situation may be,
tlte w’orst features are discounted at
this level, and it only will be a ques
tion for the trade to solve as whether
this level is sufficient to induce in
vestment buying by outsiders and ac
cumulation by the mills.
Liverpool is due 4 to 5 higher Tues
day.
WEEKLY COTTON MARKETS.
Receipts Ports This Season—The fol
lowing table shows the receipts at all
United States ports since Sept. 1, 1904,
and for same time last year:
Since Sept. 1— 190471 1903.
Galveston 7.1.... ...... 1,728,591 *
New Orleans 1,450.899
Mobile 206,357
Savannah 1,172,849
Charleston ' 168,926
Wilmington 260,506
Norfolk 415,022
Baltimore 27,384^
New York 12,499'
Boßton 33,8251
Philadelphia 5,707|
Pensacola 91,466
Portland, Ore 4.981!
Brunswick 131,214 j
Newport News 1,533;
Port Arthur 69.831;
San Francisco 42,137!
Port Townsend 20,869'
Eagle Pass I.SSOI
Laredo 6,292i
Minor points 12,06-S 1
El Paso 1,888
Total 5,866,1741
"Holiday.
Receipts Ports Past Work.—The fol
lowing table shows receipts at all U.
S. ports for the past week, same day
1803 a holiday:
Week Ending Dec. 30 — 1904.
Galveston 54,060
New Orleans 93,695
Mobile 7.827
Savannah 33.119
Charleston 4,064
Wilmington 4,629
Norfolk 9,364
Baltimore 1,916
New York ; 1,455
| Boston 2,658
; Philadelphia 1,162
Brunswick 5,417
Newport News 91
Sabine Pass 2,988
San Francisco 10,758
Minor points 833
Total 234.036
Comparative Cotton Statement—
New York. Dec. .10.—For the week
; ending Dec. 30.
i Net receipts at all U. S. ports
during week 214,208
I Net receipts at all U. 8. ports
same week last year 291.697
Total receipts since Kept. 1... .5.871,402
Total receipts to same date lust
year 5.227.676
I Exports for the week 171.486
I Exports for same week last
year 211,846
! Total extNirts sine*- Sept. 1,. ..4,204,566
! Total exports same date lust
year 3,732,637
Stock at all United States
l*rt* 1,058.612
I Stock at all United States
port* same time last year., 939.167
Stock at all Interior towns 752,862
Stock at all Interior towns same
time | set yes t 618.165
SPe k St Liverpool 634.000
I Sto< k si Mvnpool saine time
last year ~,,,, 618,000
1 Sto. kof American afloat for
♦treat Britain 336,000
j Stock of AoteiP a u a float f.r
j Great Britain *.• foe line last
<■#♦ ~ ....... 244.000
New York, Dec. 30.—The following
statistics on the movement of cotton
for the week ending Friday, Dec. 30,
were compiled by the New York Cot
ton Exchange:
This Last
Weekly Movement: year. year.
Port Receipts 237,364 297,238
Overland to mills and
Canada 41,763 54.829
Southern mill takings
(estimated) 65,000 65,000
Gain of stock at inte
rior towns 12,242 7,208
Brought into sight for
the week 336,369 424,276
Total Crop Movement:
Port receipts 5,866,672 5,250,589
Overland to mills and
Canada 499,972 444,138
Southern mill takings
(estimated) 826,000 828,000
Stock at interior
towns in excess of
Sept. 1 650,876 473,897
Brought into sight
thus far for 5ea50n.7,843,520 6,996,624
Stock of cotton of all ports Dec. 30,
1904, and on the same day of the week
last year:
Ports, . | 1904. | 1903.*
New Orleans 449,539
Mobile 72.609
Galveston 214,950
Savannah 113,116
Charleston 38,343
Wilmington 17,561
Norfolk 1i,040
New York 103,484
Other ports 34,940
Total 1,058,612]
• Holiday.
Weekly Interior Cotton Towns.—New
Y’ork, Dec. 20.
Aibany—Receipts, 374; shipments, 191;
stock, 7,596.
Athens—Receipts, 2,216; shipments,
1,078; stock, 27,287.
Atlanta—Quiet; middling, 6%; re
ceipts, 837; shipments, 1,355; stock, 13,t
132.
Brenham—Receipts, 194; shipments,
22; stock. 3,321.
Charlotte —Quiet; middling, 7; re
ceipts, 117; shipments, 117.
Columbia —Receipts, 990; shipments,
990.
Columbus, Ga.—Weak; middling, 6%;
receipts, 1,116; shipments, 343; sales,
343; stock. 19,463.
Columbus, Miss.—Dull; middling, 6;
receipts, 502; shipments, 997; sales, 997;
stock. 5,570.
Dallas—Receipts, 1,086; shipments,
720; stock, 8.526.
Eufaula—Receipts, 34; shipments,
185; stock, 7,254.
Greenville —Receipts, 2,032; shipments,
2,787; stock, 15.942.
Greenwood, S. C.—Stock, 5,270.
Helena—Receipts, 806; shipments, 2,-
477; stock. 19,216.
Little Rock —Quiet; middling, 6%; re
ceipts, 2,789; shipments, 2,601; stock,
36.190.
Macon—Receipts, 1,089; shipments,
§62; stock, 17,899.
Meridian—Receipts, 1,593; shipments,
1,925; stock, 24.344.
Montgomery—Easy; middling, 6%:
receipts, 2,186; shipments, 1,987; sales,
1,987; stock, 41,863.
Nashville—Steady; middling, 6%; re
ceipts, 357; shipments, 25; sales, 25;
stock, 1,597.
Natchez —Quiet; middling, 6 5-16; re
ceipts, 2,267; shipments, 1,245; sales,
1,017; stock. 17.530.
Newberry—Receipts, 2; shipments, 2.
Raleigh Weak; middling. 6; re
ceipts, 81; shipments, 75; stock, 1,835.
Rome—Receipts, 1,078; shipments, 884;
stock. 5,736.
Selma —Receipts, 1,508; shipments,
848; stock, 25,671.
Shreveport—Easy: middling, 6 5-16,
receipts, 6,411; shipments, 3,844; stock,
39.302.
Vicksburg—Receipts, 2,772; ship
ments, 2,758; stock, 30,300.
Yazoo City—Receipts, 1,011; ship
ments, 1,949; stock. 23.108.
WORLD’S VISIBLE SUPPLY.
New Orleans, Dec. 30.—Secretary
Hester’s statement of 'the world’s
visible supply of cotton issued to
day shows the ttotal visible to be
4,663,664, against 4,566,127 last week,
and 3,961,719 last year. Of this the
total of American cotton is 3,910,-
664, against 3,843,127 last week, and
3,341,719 last year; and of all other
kinds, including Egypt, Brazil, In
dia, etc., 753,000, against 723,000 last
week, and 620,000 last year.
Of the world’s visible supply of
cotton there is now afloat and held
in Great Britain and Continental
Europe 2,355,000, against 2,083,000
last year; in Egypt, 196,000, against
214,000 last year; in India, 308,000,
against 185,000 last year, and in the
United States, 1,805,000, against 1,-
480,000 last year.
HESTER'S WEEKLY STATEMENT.
New Orleans, Dec. 30.—Secretary
Hester's weekly cotton statement, Is
sued to-day, shows for the thirty days
of December a decrease under last year
of 32.000 and an Increase over the same
period year before last of 216,000.
For the 121 days of the season that
have elapsed the aggregate is ahead of
the same days of last year 1,063,000 and
ahead of the same days year before
last 1,276,000.
The amount hi ought Into sight dur
ing the past week has been 341.097
bales, against 358,702 for the seven days
last year and 338,999 year before last.
The movement since Sept. 1 shows re
ceipts at all United States ports to be
5,871,402, against 5,155,717 last year.
Overland across the Mississippi, Ohio
and Potomac rivers to Northern mills
and Canada, 496,004, against'42o,s77 last
year; Interior stocks In excess of those
held at the close of the commercial
year, 665,654, against 474,953 last year;
Southern mills’ takings, 893,000, against
811,713 last year. *
The total movement since Sept. 1 is
7.926.060, against 6,862,958 last year.
Foreign exports for the week have
been 175,743, against 142,872 last year,
making the total thus far for the sea
son 4.248,918, against 3,688,660 last year.
The total takings of American mills,
North. South and Canada, thus far for
the se ison, have been 2,057,104, against
I, last year.
Stocks at the seaboard and the twen
ty-nine leading Southern Interior cen
ters have Increased during the week
42,429 bales, against an Increase dur
ing the corresponding period last sea
son of 98.828.
Including stocks left over at ports
and Interior towns from the last crop
and the number of hales brought Into
sight thus far from the now crop, the
supply to date Is 8,088,027, against 7,-
030,757 for the same period last year.
GENERAL MARKETS.
New York. Dec. 30.—Flour Arm. but
Ilye flour steady.
Corn nu-al steady.
Buckwheat dour steady.
Ilye nominal.
Wheat Irregular; No. 2 red. nominal.
Options %i' n**l tower, except Decem
ber, which was l ni net higher.
Muy It 14%, July, $1.02%; December,
11.
Uasrii—Htnady; No. 2,6510 e nominal,
option* partly %<■ net lower. May,
MV De< emher, MV
‘ IMla Quiet , mile 4. HlttNV.
Beef woody.
t‘u* moan* dull
land easy. Western steamed, 17.10;
I . fl#*ed s>stoy, -ailment, 07 16, rstie
pound, 6406691,
I fMI Q**M
‘I allow uutet
DoUei Mi Hi, wi,'Banged
Pag* 6M4M, uei‘tig*agi'<
I 4 cum aisody. .a<ut*o
TREND STILL LOWER
SPIRITS MARKET CLOSED FIRM AT
40 1-2 CENTS.
LATE TRADE ON THAT BASIS.
RECEIPTS AND SHIPMENTS FOR
THE DAY BOTH LIGHT.
ltosiu Market Still Bnoynnt—Large
Sale* Reported at Slight Advance*
On Common*—Various Advance*
On Pale*, Medium*, and Common*
Reported in Post Market Trade.
Receipt* 1.1U3 Barrels, and Ship
ment*. ,VS4.
Again yesterday the spirits of tur
pentine market eased off a little in
price, opening firm at 49%c to 49 %c,
and closing firm at the inside figures.
It held this level in the late trading,
however, and all sales reported after
the market’s close were at that price.
The sales at the opening were 353 casks,
and at the close, 50. Receipts for the
day were 345 casks, and shipments, 44.
The New York market closed dull at
53 cents. London was reported at a
decline, 37—9.
The rosin market keeps its upward
trend. The opening was firm with ad
vances of 2% cents on F, E and B, on
the two lower grades represented by
an outside jft-ice, and the close was
firm and unchanged. Sales at the open
ing were pretty heavy, 3,201 barrels.
None was reported at the close. In the
post market business further advances
were general, in the majority of cases
being 10 cents on pales from K and
above, outside figures for the lower
grades, and quotations for the remain
der, though at least one sale was
made with the advance on pales and,
in addition an advance of 2% cents on
I, H, G and D. The receipts were 1,-
193 barrels, and the shipments, 584.
The New York market was quiet at
32.82%.
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 345 1,193
Receipts previously 164,551 514,485
Total 171,391 560,228
Exports yesterday 44 584
Exports previously 139,862 503,149
Total 139,906 503,733
Stock yesterday 31,485 56,495
Stock previously 14,972 82,556
Tester- Day Be- Last
day. fore. Year.
Tone .. Firm. Steady. •
Spirits 49% 49% if 50
Sales ■ 403 392
.Rosin . Firm. Firm.
W. W. 5.15 5 15
W. G. 4.85 4.85
N.~.. . 4.60 4.60
M 4.30 4.30
K 4.00 4.00
I 3.35 3.35
II 2.90 • 2.90
G 2.75 2.75
F 2.70 2.67%
E |2.62%@2.65 2.62%
D | 2.57%! 2.57%
C, B, A|2.52%©2.65| 2.52%
Sales ,| 3,201 | 2,292
—• Holiday.
WEEKLY' NAVAL STORES MOVE
MENT.
Spirits.
1904-1903.
Stock April 1 6,495 *
Receipts past week 22,384
Receipts previously 162,512
Total 171,391
Exports—
Foreign 62,381
New York 39,277
Coastwise and interior .. 38,248
Total 139,906
Stock 31,485
Rosins.
1904-1903.
Stock April 1 44,550
Receipts past week 14,354
Receipts previously 501,324
Total 560,228
-4M
Exports—
Foreign 163,598
New York 92,151
Coastwise and interior. .247.954
Total 403,733
Stock 56,495
♦Holiday.
IN OTHER MARKETS.
New York, Dec. 30.—Rosin steady,
$2.8214. Turpentine quiet, 52V 2 @53c.
Charleston, S C., Dec. 30. —Turpen-
tine and rosin, nothing doing.
Wilmington, N. C.. Dec. 30. —Turpen-
tine, nothing doing; receipts 51.
Rosin steady, $2.40; receipts 498.
Tar firm, $1.60; receipts, 160.
Crude turpentine firm, $2.30 and $3.70;
receipts 124.
New Orleans. Dec. 30.—Receipts, tur
pentine, 182 barrels.
lum’ber 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 1.361,620 433,670
Month 6,825,167 5,584,097
Since July 1 40,076,513 37,309.268
Where Shipped—
Foreign 2,294,464 3,107,070
Baltimore 10.546.240 4.309,882
I’hlladelphta 5,102.916 6,840,314
New York 21.159,011 11,259.227
Boston 730,667 1,167,206
othe- ports 253,410 10,626.339
Potatoes steady; Long Island, sl.7s<ff
2.00 state and Western, $1.25® 2.00; Jer
sey sweets, $2.00413.25.
Cabbages steady; Flat Dutch, per
100. 12.0001.00.
i 'nUnn by steam to Liverpool, 15®20c
Klee dull.
Molasses firm.
Coffee KpW steady. f>|it|on* steady,
unchanged 4o & point* higher.
Sugar, raw, steady, refined steady.
<lll4 Alirt NtllkKT*.
Chicago, Dec, M. -Heavy liquidation
by g ptumlnsnt holder entirely wiped
out g sharp advance In wheal prices
to-day The market closed weak, with
May down *$V Corn, oat a and pro
* talons were pt acifcall) unchanged
The loading future* ranged eg fgf.
lew*.
HIDE, WAX, WOOL AND FUR DEPARTMENT
—of—
A. EHRLICH & BRO.
Wishing a Happy New Year to all shippers, with
thanks for business given this department in 1904, I shall
continue to give the same satisfactory returns and careful
attention to your shipments in 1905. Let them come.
LOUIS J. ROOS, Manager.
THE CHASMAR KING SUPPLyTo^T
126-130 Bay Street, West.
JOBBERS.
BATH ROOM FIXTURES, SANITA RY PLUMBING GOODS, WROUGHT
IKON UII-1;. FITTINGS, etc. All supplies for STEAM. WATER and n*a
Sole Agents for the cerebrated HUXL EY VALVES.
Wool, Hides, Wax, Raw Furs and Skins.
Write for Prices.
D. KIRKLAND,
415 TO 421 ST. JU LI AN STREET. WEST.
Opening. Highest. Lowest. Closing.
Wheat, No. 2
Dec $1 13% $1 14% $1 13% $1 14
May .... 1 14% 1 15% 1 13% 1 13%
July .... 99% 99% 98% 98%
Corn, No. 2
Dec 46 46 44% 44%
May .... 45% 45% 45% 45%
July 46 46 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 .... 12 45 12 47% 12 35 12 37%
May ... 12 77% 12 82% 12 75 12 77
Lard, per 100 pounds—
Jan 6 75 6 80 6 75 6 77%
May 7 05 7 05 7 00 7 02%
Short Ribs, per 100 pounds—
Jan 6 40 6 40 6 35 6 37%
May .... 6 67% 670 665 6 67%
Cash quotations were as follows:
Flour steady; No. 2 spring
wheat,' $1.10@1.16; No. 3, 98c®
$1.12; No. 2 red, $1.15%(®1.18%';
No. 2 corn, 43%@44c; No. 2 yel
low, 43%®44c; No. 2 oats, 29%c; No. 3
white, 31@32c; No. 2 rye, 75c; good
feeding barley, 36@37c; fair to choice
malting, 41@48c; No. 1 flax seed,
$1.16%; No. 1 Northwestern, $1.24;
prime timothy seed, $2.72%; mess pork,
per barrel, $1L05@11.15; short ribs
sides (loose), $6.12@6.37%; short clear
sides (boxed), 6.62®6.75; whisky, basis
of high wines, $1.24; clover, contract
grade, $12.75.
Receipts Wheat, 31,000 bushels;
corn, 284,400 bushels; oats, 65,300 bush
els.
COTTON SEED OIL.
New York, Dec. 30.—Cotton seed oil
weak, but active. Prime crude f. o. b.
mills, 16@16%c; prime summer yellow,
22%@22%c; off summer yellow, nomi
nal; prime white, 26%@27c; prime win
ter yellow, 26%'@27.
DRY’ GOODS MARKET.
Y'ork, Dec. 30.—Buying in dry
goods has been practically suspended,
and although inquiry is being made,
it is simply for price revisions, which
are not forthcoming. Sellers argue that
under the present sold-up conditions
SAVANNAH’S CURRENT MARKETS
Note —These quotations are revised
daily and are kept as near as possible
in accord with the prevailing wholesale
prices. Official quotations are not used
when they disagree with the prices
wholesalers ask.
POULTRY Market, 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, 24@25c; 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@2314c; renovated butter
60-pound tubs, beet grade, 23@2314c.
CHEESE—Market, firm; fancy full
cream cheese, 22@25-pound, 1214@13c;
20®35-pound, 1214@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 per crate.
TURNIPS—Per sack, $1.50.
BrendstnlTs, 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, $3.30; per
sack, $1.40; water ground, $1.35; Pearl
grits, per sack, $1.37 @1.40; Pearl
grits, per barrel, $3.30; city meal, $1.30.
Grain Markets.
QUANTITIES— Jobs. Cars.
No. 2 white corn 71 09
Mixed com 70 68
OATS— ii
No. 2 mixed 46 44
No. 2 white clipped 50 48
BRAN-
Pure wheat bran 1.35 1.30
Mixed bran J-25 l.lj>
Cracked corn 1-45 1.40
HAY— „ a „
No. 1 timothy 90 7 2
No. 2 timothy 8°
Sugar.
Cut loaf J-;
Cubes
XXXX powdered 6.X.
Powdered 6.3i
Fine granulated 6.22
Confectioners’ A 6.07
White Extra C 5.87
RlCE—Market dull, fancy head, 414
@sc; prime, 314@4c.
Good
Common 2%@3
Fruits and Nuts.
APPLES —$3.00 to $3.50 barrel.
BANANAS—SI.7S62.OO.
GRAPES Malaga, $4.50@5.50; Ja
maica oranges, $3.25.
FLORIDA ORANGES—S2.7S@3.OO.
PRUNES—2Os to 30s, 13c; 30s to 40s,
10c; 40s to 50s, 8c: 50s to 60c, 7Vfec; 60s
to 70s, 6%e; 70s to 80s, 6c; 80s to 90s.
5%c: 90s to 100s, 4%c.
PEANUTS —Ample stock, fair de
mand; market firm; fancy hand-pick
ed Virginias, 7c; N. C. peanuts, 6%c;
ex. Virginias, 6c.
NUTS—Almonds, Terragona, 1419 c;
Ivlcas, 12Vio; walnuts, French, 1219 c;
Naples. 14 l 9c; pecans, 10c; Brazils,
9%c; filberts, He; assorted nuts, 50-
pound and 25-pound boxes, 12c.
Drlrd anil Eva |>o rated Fruits.
APPLKI4 Evaporated, • 719 c; sun
dried, 5%C.
APllli'i>Tß Evaporated, fancy, 13c;
choice, 1010 c,
RAISIN*- L. L., 3-crown, $1.85; 5-
<Town, $2.00; 4-crown clusters, $2.75;
loose muacaiella, Bc, t-pound seeded,
I0%c; Imperial cabinet*, $8 per box.
PHAI’H K*4— Evaporated, peeled, l*r;
Unpeeled, B%c,
PEAlt* Evaporated, 10% r.
CITRON A *, drum, 1414 e; fancy
t'orslrlsu. in 10-pound noses, ltu,
CURItANTII-Marreia. 7c,
Java ......
’•' * ,
rMHNfIf <0 00 fll>fGtMMtf M *l|ilU
tfmt Km. i ...................
of many lines, there is no reason for
making new prices, especially as these
would not effect additional business.
YEAR CLOSES WELL.
Trade Showed Up Better Daring the
Last quarter.
New York, Dec. 30. —Bradstreet’s to
morrow will say:
Distributive trade generally is mark
ing time while past results and future
prospects are subjects of consideration.
A period of marked, even unexpected,
activity in holiday goods of higher than
usual quality, has brought to a close
a year which, because of marked im
provement in the last quarter, has end
ed better than it began and certainly
in far better shape than seemed possi
ble at the turn of the year.
Wholesale trade is naturally of the
lightest at this season of the stock tak
ing and inventory, and stormy weather
and the flurry in raw cotton have been
additional chilling influences. Rather
less than the usual clearing sales have
occurred because of the notable ab
sence of stocks of finished goods press
ing for sale. Collections show some
effect from the recent heavy circula
tion of money in retail lines in en
larged receipts.
Industry is of notably large volume
for this season of the year, especially
in iron and steel and kindred lines of
manufacture. The cotton goods manu
facturing trade has, however, been
again unsettled by the slump in cot
ton to below cost of production.
Southern trade feels the slump in
cotton keenly, but there is a disposi
tion to believe that the South will not
sacrifice its product at below cost of
production.
Business failures for the week end
ing Dec. 29, number 218, against 209
in the like week of 1903.'
For an attractive easy-to-see and
easy-to-read office calendar apply at
city ticket office, Atlantic Coast Line,
De Soto Hotel. —ad
Fancy No. 1 13 c
Choice No. 2 12%c
Prime No. 2 llljo
Fair No. 5 ..11 c
Ordinary No. 6 10 c
Common No. 7 914 c
SALT —Car lots, 100 pounds burlap
sacks, 37c; 100-pound cotton sacks, 39c;
125-pound burlap sacks. 46c; 125-pound
cotton sacks, 48c; 150-pound burlap
sacks, 55c; 200-pound burlap sacks,
(Liverpool), 78c.
HIDES Market, firm; dry flint
16%c; dry salted, 1419 c; green salted,
Sl4c; green, 7c.
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 ltmo
In fair demand and sell at 80@85c a
barrel; special Calcined plaster, $1.50(9
I. per barrel; hair, 4@sc; cement,
$1.10@1.20; carload lots, special, Port
land cement, retail, $2.00@2.26; carload
lots, special.
LUMBER—Railroad ties, 27@2c:
hewn ties (7x9x814), 38@40c; hewn
ties (6xß), 26@28c; switch ties, $10,500
11. easy yard stock, $11.00012.00;
car sills, $13.00@15.00; ship stock,
SIB.OO.
Oils.
Perfection Signal Oil 42 o
Pratt’s Astral 16 o
Aladdin Security 15 c
Standard White ...,1414c
Water White 15 c
D. S. Gasoline 16 c
D. S. Gasoline in drums 1414 c
86 degree gasoline in drums 1914 c
Linseed oil, raw. 1 barrel lots 46 c
Boiled linseed. 1 barrel lots 48 c
Five barrel lots special.
SHOT—Drop, $1.65; B. B. and large,
$1.90; chilled, $1.90.
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 shot, $4.50 keg; half keg. $2.50;
quarter keg, $1.40; champion ducking,
quarter keg, $2.25; Austin stnokeless,
half kegs, $8.45; quarter, $4.30; three
pounds, $2.10; one pound, 75c; less 20
per cent, on smokeless.
Cotton Bugging and Ties.
BAGGING—Market firm; 1% pound,
7%@7%c; 2-pound, 8@814c; sea Island
bagging, 1014@llc.
—Standard 45-lnch arrow, 94c®
COTTON PICKING SHEETS—22®
25c each.
TWINE—Per pound, or hank, 14®
16c.
HAMS—Sugar cured, 12@13c; picnics,
7%®Bc.
D. S. butts 514
D. S. plates 6%
Western heavy bellies 7%
Eastern light bellies B>4
Eastern medium bellies 8%
Eustern heavy bellies 8H
D. R. C. R. sides 8
Smoked C. R. sides 8%
LARD—Pure, In tierce*, 7%c; 60-
pouml tins and 80-pound tubs, 114 c:
compound, In tierces, 6%c; 60-pound
tin* and 80-pound tubs, oc.
Mlsepllauroua.
FlSH—Mackerel, half barrel*. No.
1. 810; No. 2, *8.50. No. *. $8; kit*. No.
1, $1.40; No. 2. $1.30; No. I, 01.10; cod
fish. 1-pound bricks. r; 2-pound bricks,
fiiyo; smoked herrings, per box, 19 1 ®
20c, Dutch herrings, in kegs, $1.10;
new mullets, half barrels, 14
HYRUI* Market quiet; Georgia sod
Florida syrup, buying at ttlfZsc; sell*
log al 251j274*0, sugar house, at 1019#
\%c.
WAX Me.
HIGH WINES Basis. $| 20.
HuNKY - Dull; Mislead, in
■ YHUT- Maikat gum, Otstfll **<
tit rsUoti,