Newspaper Page Text
SUNDAY. FEBRUARY 26
AUGUSTA COTTON MARKET
Middling Today, 14 3-Bc.
Tone—Steady.
(TODAY'S FIGURES.)
Strict good ordinary 13 1-2
Low middling ....14c
Strict low middling 14 1-4
Middling 14 3-8
Strict middling 14 1-2
Good middling 14 5-8
Tinges (first) ... 14 1-4
Tinges (2nd) 14c
Middling last year ... . M 14 5-8
(PREVIOUS DAY’S FIGURES)
Strict good ordinary 13 I>2
Low middling 14
Strict low middling 14 1-4
Middling 14 3-8
Strict middling 14 1-2
Good middling 14 5-8
Tinges, Ist 14 1-4
Tinges, 2nd 14
Receipts for Week.
Sales. Spin. Shipt.
Saturday 912 .... 535
Monday .... ....
Tuesday ....
Wednesday .... ....
Thursday .... ....
Friday .... ....
Total .... 912 .... 535
Comparative Receipts
1910 1911
Saturday 295 420
Monday ....
Tuesday ....
Wednesday .. ....
Thursday ....
0
CROP MOVEMENT FOR WEEK ENDING FRIDAY, FEB. 24, 1911.
1911. 1910. 1909.
Receipts .. .... 57,190 43,960 81,b78
Shipments 68,848 62,154 103,887
Stock 605,145 672.108 771,997
Came In sight 164.211. 129,999 182,735
Crop in sight 10,059,327 8,630,000 10,942,807
Visible supply "T 4.984,517 4,612,413 5,534.237
NtW YOKK COi fOAI
New York —The steadier lone noted in
the cotton market alter the stopping or
iviuroit notices yesterday was in evidence
again today with prices closing very
Steady a a net advance of 3 to 8 points,
. .am,cully the Pest point of the day.
ip ay contracts sold at 1410, or seven
..units above the closing figures of last
nigiit, and at the highest ligureßeached
since die price of that contract touch
cu 1870 on February 16.
Tire market opened steady at un
changed prices to a decline of 7
points under scattered realizing and
some local selling hut this was better
than due oil the showing of Liverpool
tutures. There appeared to b© compara
tively lit tie cotton for sale and prices
on rallied on covering of shorts and
bull support of May and June and July.
nr baying appeared to be encouraged
by comparatively large spot sales at Liv
erpool and the relative steadiness of
: pot cotton there, also by predictions of
a rapidly strong.hening statistical posi
tion aurmg die baian.. of tile season and
rather more encouraging reports from
-Tanchcner. Then too the stopping of
March notices in tlie local market yes
terday is regarded by some as indicating
thu local bull interests have by no
means abandoned expectations of very
high prices during the end season and
while the bulk of today’s demand seem
(d to le for the purpose of covering
aborts, there was enough support from
tire bull leaders to help the tone of the
market. General business was very quiet
suggesting no revival of outside interest
and sellers on the adavnee had the en
-0 iiiagement of unfavorable weekly re
viiws of the domestic mill situation in
cluding reports of increased curtailment
hi Fall River, as well as southrn ad
vices indica ing large fertilizer sales and
increasing prospects for a large acreage,
tn.-iug to the large outside clearances
port receipts for the day ran much
heavier than early estimates, but the
bulk of the cotton showed in the ex
port.
filfeeipts at ports Saturday 28,778 bales
against 29,751 last week and 4,233 last
year Today's receipts at New Orleans
1,436 against 674 last year and at Hous
ton 2,937 against 2,432 last year.
Spot closed quiet; middling uplands
1410; middling gulf 1436; sales 1,400
bales.
Futures opened steady and closed very
steady.
open. High. Low. Close.
Pphrusrv • 1387&89
March ... .1377 139 1375 1389a90
April 1383 1383 1383 1399a1400
Mav 1400 1410 140 01409a10
June 399 1408al0
July 1400 1409 1400 1408a09
August ... -.1367 1375 1367 13i3a75
October 1262 1270 1264 1268a69
December • • ~1252 1253 1253 1258a59
NEW YORK SPOT
New York. —Cotton spot closed quiet;
middling uplands 14,10; do gulf 14.36.
Sales 1400 bales.
LIVERPOOL COTTON
Liverpool.—(l2:3o p. m.)—Closing:
Cotton spot in fair demand; prices 5
points higher; American middling fair
8 00’ good middling 7,68; middling 7.56;
low middling 7.36; good ordinary 7.10;
ordinary 6.85.
The sales of the day were 10,000 bales
of which 6,000 were for speculation and
export and Included 9,300 American.
Receipts 4,500 baleß, all American.
Futures opened steady and closed
auiet February. February-March, March
Anrii 7.32; April-May 7.34 1-2; May-June
7.36; June-July 7.35 1-2; July-August
7 34* August-September 7.15; September-
October 6.84; October-November 6.71 1-2;
November-December 6.65 1-2; December -
January 6.65; January-February 6.64 H.
LONDON STOCK MARKET.
London.—American securities were in
clined to sag during the early trading
here today but the prospects of a good
New York bank statement and reassur
ing Wall street news Induced covering
and the market recovered and closed
seady.
MONEY MARKET
New York. —Money on call nomnlal.
Time loans dull; 60 days 2 3-4a3 pet
cent.: 90 days 8 per cent; six months
3 1 -2*
Close' Prime mercantile paper 4to
4 1-2 per cent. Sterling exchange steady
with actual business In bankers bills at
483.755484 for sixty day billß and at
486.56 for demand.
Commercial bills 483a1-2.
Bar silver 53.
Mexican dollars 45. ~
Government bonds steady; railroad
bonds Irregular.
CHICAGO CASH GRAIN
Chlcaoo—Cash grain: Wheat No. 2
red BSaSS 1-4; No. 2 hard 89a90; 1 north
ern 97a99' 2 northern 95a97; 2 spring 88-
, 94 velvot chaff 82a92; durum 80a88.
Corn No. 2. 45 l-2a46; 2 white 45 1-2-
a46‘ 2 yellow 46a 1-2.
Oats No. 2 white 31 l-4a3-4: standard
30 3-4a31 1-4.
Close: Rye cash No. 2, 84.
Barley cash 65a95 1-2.
Timothy cash 9a11.50; March 1175a1225.
Clove” cash 10a14.RO; March 15.
DRY GOODS MARKET
New York—The cotton goods markets
are generally quiet In the primary divis
ion Jobb'-rs continue doing a steady
trade in small lets of poods for prompt
delivery. The demand for wash goods
is s eady: linens are firm. Burlaps are
tend!ng upwards,
BULLION movement.
London. —Bullion amounting to 29.000
tounds was taken into ‘he Bank of Eng
and on ballance today.
Friday
Total 295 420
Stocks and Receipts.
Stock in Augusta, 1910 57.453
Stock in Augusta, 1911 59.062
Received since Sept. 1, 1909 333,049
Received since Sept. 1, 1910 ....308,744
Estimates for Tomorrow
Today Last Year.
45-5000 Galveston
3-4000 New Orleans
AUGUSTA DAILY RECEIPTS
1910 1211
ria. Railroad 54 145
Sou. Railway Co 4S
Cen. of Ga. R. R 86 126
Georgia and Florida 8
\ & W. C. Ry S 8
Wagon 4 S
Net receipts 195 295
Through ....100 125
Total 295 420
Port Receipts
Today. Last Yr.
Galveston 3798 3649
New Orleans ....1435 674
Mobile 89 48J
Savannah 641 862
Charleston 71 2.4
Wilmington 839 2
Norfolk 361 480
Total ports (est) 17000 6223
Interior Receipts.
Houston ... • 2432
Memphis 599 267
St. Louis 244 25
Cincinnati 1044 1401
NEW ORLEANS COTTON
New Orleans —Cotton spot firm, un
changed; middling 14 7-16; sales on spot
27 bales; to arrive 200.
Cotton futures opened steady one
point up and one point down. com
pared with yesterday’s close. This was
a strong opening considering the attitude
of the Liverpool market. There was lit
tle cotton for sale in the early trading
and shorts who wanted to cover over the
week-end bid prices up on themselves.
The weather over the cotton belt con
tinued favorable and this servd to
deaden the new crop positions, no trad
ing at all being reported in them in the
first half hour of the session. At the
end of that time the old crop deliveries
were 2 to 6 points over yesterday's
close.
The market was very steady through
out the short week-end sesion. Gossip
on the floor was to the effect that pro
fessionals on the bull side were entering
th market again. One story was to the
effect that a prominent Texas trader,
here for the carnival, was a good buyer
of the old crop months. At all times
there was a good demand for shorts and
in spite of the fact that prices reached
the highest levels of the week, there was
no disposition to put out fresh short
soles on the advance. At the highest
the trading months were 8 to 9 points
over yesterday’s last prices. The close
w'as very steady at a net advance of 7
to 9 points.
Receipts 436; stock 164,363. Closing
bids, Feb. 140 G nominal; March 1474;
May 1432; July 1442; Aug. 1379; Oct. 1272
Dec. 12G2.
Open. High. Low. Close
February 14 05
March 1406 1414 1407 1414
Mav 1425 1433 1425 1432
July 1434 1443 1435 1442
August 1379
October 1264 1273 1269 1272
December 1254 1262
NEW ORLEANS SPOTS.
New Orleans.—Cotton spot firm, un
changed; sales on spot 27 bales; to ar
rive 200.
Middling 14 7-16.
Receipts 1,435; stock 154,363.
D AILYCOTTONMARK ET
Port Movement
Galveston—Steady; middling 14 3-8;
net receipts 3,798; gross reoeipts 3,798;
sales 44; Stock 134,009; Continent 1,700.
New Orleans—Firm; middling 14 7-16;
net receipts 1,435; gross receipts 1,436;
sales 227; stock 154,363; Gt. Britain 1,400-
France 100; Continent 266; Coastwise
599.
Mobile—Firm; net receipts 89; gross
receipts 89; stock 18.020; coastwise il
Savannah—Nominal; middling 14 5-8;
net receipts 641; gross receipts 641; sales
200; stock 75,981; coastwise 2,380.
Charleston—Nominal; net receipts 71 •
gross receipts 71; stock 18.319.
Wilmington—Nominal: net receipts 839
gross receipts 839; stock 12,311
Norfolk—Steady; middling 14 1-8; net
receipts 361; gross receipts 361; sales 215-
stock 21,170.
Baltimore—Nominal; middling’ 14 1-2-
stock 2,631.
New York—Quiet; middling 14.10; net
receipts 60; gross receipts 769; sales 1 -
40ft; stock 271,878; Gt. Britain 1 375-
Continent 74*48: Coastwise 643.
Boston—Quiet; middling 14.10; net re
ceipts 85; gross receipts 988; stock 5 647
Pht-ladielphia—Quiet; middling 14 35
gross receipts 150; stock 4,959; Continent
250. , >
Texasgcity—Net receipts 17,863; gross
receipt:^*,B63; Gt. Britain 6,032; Contin
ent 11,W; Coastwise 352.
Port Townsend—Net receipts 3 445-
gross receipts 8,445; Japan 3,445.
Minor Ports—Stock 7.789.
Total today, at all ports, net 28.677;
Gt. Britain 8,807; France 100: Continent
23.932; Japan 3,445; stock 728,069.
Consolidated, at all ports, net 28,677-
Britain 007; Franoe 100; Continent
23,932; Japan 3.445.
Total since Sept. 1, at all ports, net
(.651.169; Gt. Britain 2.906,912; France
796,763; Continent 2,310,033; Japan 121.
499; Mexico 1,625.
interior Movement.
Houston—Steadv; middling 14 1-4; net
receipts 2.937; *r s receipts 2,937; ship
ments 4,008 sales 790; stock 82 625
Augusta—Steady; middling 14 3-4: net
receipts 295; gross receipts 420; ship
ments 535; sales 912; stock 59 062
Memphis—Steady; middling 14 3-4; net
receipts 599; gross receipts 1,259; ship,
ments 1,476; sales 1,800; stock 184,380
St. Louis—Dull; middling 14 3.4 ; ne t
receipts 244; gross receipts 929; ship
ments 698; stock 23,838.
Cincinnati—Net receipts 1,044; gross re
ceipts 1,044; shipments 652; sales 400-
ock 19,850.
Little Rock—Firm; middling 14 1-4.
Louisville— Firm; middling 14 3-4.
Total today—Net receipts 5,223; "gross
receipts 6,653; shipments 7,650; sales 3-
g)2; stock 400,887.
RUT IER. CHEESE. EGGS.
Chicago. —Rutter steady; creamer!*®
17a26 1-2; dairies 18a22.
Eggs steady; receips 9,269 cases; at
mark cases included 12a 14; firsts 16;
prime firsts 17.
Cheese steady; daisies 12 l-2a14; twins
12 l-4al-2; Young Americas 14 l-2alo;
Long Horns 14 l-2a!5.
Potatoes weak: choice to fancy 45a47;
fair to good 40a43.
Poultry easy; turkeys, dresed 18;
chickens live 14 1-2; dresed 15; springs
live 14 1-2; dressed 15.
Veal steady: 50 to 80 pound weights 8
1-2; 80 to 85 pound weight® 10 1-2; 85
to 110 pound weight 11 1-2.
THE AUGUSTA HERALD, AUGUSTA, GA.
THE STOCK MARKET
New York—The brief session of the
stock market today offered but a feeble
reminder of the previous day’s stress,
and excitement. Prices moved irregu
larly at the outset In keeping with quo
tations from London where fractional
gains and losses for Americans were im
partially distributed. Later the market
moved up. chiefly in the special class,
the fertilizer stocks being especially
prominent. In the final dealings, how
ever, a selling movement in the active
group brought declines of ft point in
Southern Pacific, Louisville and Nash,
ville and New Y'ork Centra!, with lesser
losses elsewhere.
It Is not improbable that the selling
was a result of announcements made by
a number of railroads including St. Paul,
Pennsylvania, and Boston and Maine,
and retrenchments because of the freight
I rate decisions.
Another impelling cause may have
been the unwillingness of traders to
carry stocks over Sunday in view of the
possibility of a verdict in the much dis
cussed trust cases, by the United States
supreme court on Monday.
So far as the rate decisions go it 1s
apparent that the opinions of certain
railway officials have undergone some
modification upon further digestion. It
is eoually evident that American credit
abroad lias been in no wise inspired by
this event as is shown in the overnight
announcement of the sale of a large
Mock of Central Pacific bonds In Paris.
The fortnightly report of the Ameri
can Railway association shows another
large increase in idle equipment. The
surplus of cars is now almost three
times as great as in the corresponding
period last week but this is attributed
Iras to reduced traffic than to freedom
from congestion.
There were no special featurea to the
weekly bank statement other than the
usual disparity between average and
actual conditions.
The substantial Increase in reserve
adds to the strength of the statement
which as a whole offers evidence of the
monetary ease at this center.
The bond market was easy. Total
sales par value $1,850,000. Government
! ends were unchanged on the week.
Total sales for the day 285.400 shares,
including Sugar 200: A. C. L. 200; C and
■> 6.000; 1,. and N. 1.400; N. and W. 2.-
non- Reading 45,400; Southern Railway
" 300; d-> nfd 300; U. S. Steel 62,500; V.
C. C. 11,300.
Last Sal#
Allis Chalmers pfd
Amalgamated Copper ***
American Agricultural
American Beet Sugar
American Can ...... ~7*
American Car and Foundry
American Car and Foundry >4
American Hide and Leather pfd .. 24
American Ice Securities -0%:
American Linseed
American Ldeomotive ... .. 3‘‘/4
American Smelting & Refining • • ■ <
Amer. Smelling & Refining pfd --JOB
American Steel Foundries Jo-l 2
American Sugar Refining 71-
American Tel. and Tel
American Tobacco, pfd J"
American Woolen j}’
Anaconda Mining Company 38
Atchison
Atchison pfd
Atlantic Coast Line
Baltimore and Ohio
j Bethlehem Steel
Brooklyn Rapid Transit LVz
’Canadian Pacific 2 ?,n,4
Central Leather
Central Leather pfd ™3%
Central of New Jersey
Chesapeake and Ohio 33%
Chicago and Alton 30
I Chicago Great Western
: Chicago Great Western pfd 44%
Chicago and Northwestern 146
Chicago, Mil. and St. Paul 123 V«
C., C., C. and St. Louis 61
Colorado Fuel and Iron 33%
Colorado and Southern 56
Consolidated Gas 1 40 %
Corn Products
Delaware and Hudson 166%
I Denver and Rio Grande 32%
Denver and Rio Grande pfd 70%
Distillers’ Securities 35%
Erie. 29
Erie Ist pfd
General Electric 152%
Great Northern preferred 125%
GrWat Northern Ore Ctfs 60%
Illinois Central 735
Interborough-Met 13%
Jnierborough-Met pfd ..... 52%
Irtter Harvester .117
Intetf-Marina pfd 16%
International Paper 10%
International Pump 40
lowa Central 77%
Kansas City Southern 34%
Kansas City Southern pfd 67
Laclede- Gas 712%
Louisville and Nashville 74?
Minneapolis and St. Louis 28
Minn.. St. P. and Sault St. M 141
Missouri, Kansas and Texas 32%
Missouri, Kansas and Texas pfd .. 36%
Missouri Pacific 56%
National Biscuit 122%
Nat’l. Rys. of Mexico 2nd pfd .. .. 37%
New York Central 107%
New York, Ontario and Western .. 41%
Norfolk and Western 104%
North American 70%
Northern Pacific 123%
Pacific Mail 24%
Pennsylvania 126%
People’s Gas 105%
Pittsburg, C. C. and St. Louis .. .. 97
Pittsburg Coal 19%
Pressed steel Car 33
Pullman Palace Car 159 b
Railway Steel Spring 33%
Reading 155%
Republic Steel 32%
Republic Steel pfd 98%
Rock Island Company 30
Do preferred 59 <
St. Louis and San Fran. 2nd pfd .. 40%
St. Louis Southwestern 31%
St. Louis Southwestern pfd 66
Sloss Sheffield Steel and Iron .. ..51
Southern Pacific
Southern Railway 26%
Southern Railway pfd 64%
Tennessee Copper 38%
Texas and Pacific 28%
Toledo, St. Louis and West 23
Toledo, St. Louis and West pfd .. 52
Union Pacific 175
Union Pacific pfd 93
United States Realty 67%
United States Rubber ‘ 44%
United Stated flteel 77%
United States Steel pfd 118%
Utah Copper 45
Virginia Carolina Chemical 68%
Wabash <..17%
Do preferred 87%
Weetern Maryland 50%
Westinghouse Electric 69
Western Union 78%
Wheeling and Lake Erie 5%
Lehigh Valley 174%
ST. LOUIS CASH GRAIN
St. Louis.—Cash wheat firm; track
No. 2 red 93; 2 hard 90a97.
Corn lower; track No. 2, 44 1-2; 2
white 45.
Oats lower; track No. 2, 30; 2 white
32 1-2.
COTTON *F.ED <SIL
New York.—Cotton seed oil closing
prices: Spot 680a760; March 686&59;
April 687a93; May 692a94; June 698a701;
July 701a03; August 706al0; September
703a05.
Sales between first and second calls:
100 March 688; 1400 July 703‘ 1400 July
02; 100 August 710; 500 September 705;
200 September 704.
Total sales 8,800.
New Orleans—Cotton seed oil prime re
fined in barrels per pound 887; choice
meal 8 per cent, ammonia per long ton
27.00; choice cake do do 25.25.
CHICAGO PRODUCE MOVEMENT
Receipts. Ship’t.
Flour, bbls 9,600 15.200
Wheat, bu 25,200 22.600
Com, bu 316,200 287,4 W
Oats, bu 253,800 2,200
Rye, bu 4.00 2,200
Barley, bu 79,500 21,000
GRAIN MARKET
today slid under any
down grade record made in the last 3
years. Scantiness of domestic demand,
no foreign outlet and reciprocity delay
it Washington furnished plenty of rea
son- The close was weak at a net de
cline of 3-8 to a full cent a bushel. There
also Wits a net loss of 3-Sal-2 In corn, 1-4
on oats and 15 to 30 for pork, lard and
ribs.
Chicago.—Wheat today went to the
lowest price reached on the crop. Buy
ing power shrank almost to nothing. One
of the reasons was weakness at Liver,
pool due to unexpected large shipments
destined for the United Kingdom. Be
sides, cash demand here was still slow,
the flour trade poor and the weather
nearly ideal. Opening figures were 1-8
to 1-4 to 3-S down. May started at S 9
-8 to 89 3-4, a loss of i-Sal-4 to 1-4-
ti 3-8 and fell to 89 l-4a3-8.
Country cash houses were selling corn.
Favorable weather gave the pretext.
May opened unchanged to 1-8 lower at
IS 1-8 to 1-4 and declined to 48.
Fit shorts were the only buyers of
oats. In consequence the tone of the
market was quite easy. May started a
shade to 1-S off at 31 3-S to 31 3-Sal-2
and dropped to 31 1-4.
Predictions of a heavy run of hogs
next week had a bearish effect on pro
visions. First sales were 2 1-2 to 7 1-2
lower with May options at 17.70 for pork;
>.32 1-2 for lard and 9.57 1-2 to 9.80 for
ribs.
WHEAT—
Op*®. !.*rr.
May . . . 89% 89% 88% 89
Jmjr . . . 97% 87% 87% 87%
Sept ... 87 87 88% 86%
CORN—
May . . . 48% 48% 47% 47%
July .... 49% 49% 48% 48%
Sept . . . 60% 60% 49% 49%,
OATS—
May. ... 31% 31% 31% 31%
July . . . 30% 31 30% 30ft;
Sept . . . 30% 30% »0% 30%
FORK—
Mav . . .1770 1770 1740 1745
July. . . .1690 1890 1670 1670
i.ARD—
May• . . . 932% 930% 916 915
July. . . . 927% 927% 915% 912%
Sept . . .. 930 930 915 915
HIF 8 —
May. . . . 960 960 940 942%
July. . . . 925 925 912% 912%
Sept. . . . 922% 925 912% 912%
NEW YORK BOND LIST
Close.
L T . S. ref 2s registered 101
U. fc>. ref. 2s coupon 101
. 8. 3s registered 102%
U. S. 3s -coupon 102%
d. 4s registered Hfl
U. B. is coupon H 6
Allis-Chulmers Ist 5s .. 78
American Agricultural 6s 102 %
American Tel. & Tel. cv 4s 107%
American Tobacco 4s 83%
American Tobacco 6s 107%
Armour & Co. 4%s 93%
.vtchison gen. 4s 98*/®
Atchison cv. 4s 107%
Atchison cv 5s 109%
Atlantic Coast Line Ist 4s 94%
Baltimore & Ohio 4s 98%
Baltimore & Ohio B%s 92%
Baltimore & Ohio S. W. 3%s .. .. 90%
Brooklyn Transit cv. 4s 83%
Central of Georgia 5s 107%
Central Leather 5s 99%
Central U. R. of N. J. gen. 5s .. ..123
Chesapeake & Ohio 4%s 100%
Chesapeake &. Ohio cv. 4%a 96%
Chicago & Alton 3%s 70
Chicago, H. & Quincy joint 4s .. .. 96%
Chicago, B. & Quincy gen. 4s .. .. 97%
Chicago, Mil. & St. P. deb. 4s .. .. 92%
Chicago, H. I. & Pac. R. It. col 4s .. 73%
Chicago, R. I. & Par. Ry. rig. 4s .. 88%
Colorado Industrial 5s 78%
Colorado Midland 4s 66
Colorado & Southern ref A ext 4%s 98%
Delaware & Hudson cv. 4s 98%
Donver & Rio Grande 4s 93%
Denver & Rio Grande ref 6s .. .. 92%
Distillers 5s 78%
Erie prior lien 4s 86%
Erie gen. 4s 75%
hie cv. 4s series A 77%
Erie* cv. 4s series B 71
General Electric cv. 5s 149%
Illinois Central Ist ref 4s 97
Interborough-Met 4%s 78%
Inter-Merc. Marine 4%s pfd 67%
Japan 4 s 89
Japan 4%s 94%
Kansas City Southern Ist 3s ... ... 78%
Lake Shore deb. 4s (1931) 92
Louisville & Nash TJn. 4f. 98
Missouri, Kan. & Texas Ist 4s .. .. 97%
Mo., Kan. & Texas gen. 4%s .. .. 86%
Missouri Pacific 4s 81 %
National Rys. of Mexico 4%s .. .. 94%
New York Central gen. 3%s .. ..88
New York Central deb. 4s 92%
N. Y., N. H. & Hartford cv. 6s ..134
Norfolk & Western Ist con. 4s 98%
Norfolk & Western cv. 4h 104%
Northern Pacific 4s 100%
Northern Pacific 3s ’ 70%
Oregon Short Line rfdg 4s .. .. *’ 931/ :
Penn. cv. 3%s (1915) 9f ;.r i
Penn. con. 4s 108%
Reading gen. 4s .. 97%
St. Louis & San. Fran, fg 4s .... 81%
St. Lout® & San Fran gen. 5s .... 87%
St. Louis S’western con 4s .. 78%
St. Louis S’western Ist gold 4s .* 90%
Seaboard Air Line adj. 5s 757/
Southern Pacific col. 4s 921/
Southern Pacific cv. 4s .. *’ 90a?
Southern Pacific R. R. Ist. ref. 4s*! ’ 95
Southern Railway 5s 1110*7*'
Southern Railway gen. 4s . 771'
Union Pacific 4s **..!.*!. 100 V
Union Pacific cv. 4s 104 V
Uninn Pacific Ist and ref 4s W »«(£
U. H. Rubber 6s . (1 -,.
U. R. Steel 2nd 5s
Virginia Car. Chemical tin ’’ "tola/
Wabash Ist 5s " innH
Wabash Ist and ext 4s in
Weßlern Md. 4s *"
Westinghouse Hlectrir- cv. 6*”.’.’” eg
Wisconsin Central 4s .. ”
Mo.. Pan, cv. 5s »6%
N. Y. MISCELLANEOUS
New York Flour dull arid easy. Bprinir
patents 490a51C; winter do 420a450.
Eye Hour dull; fair to jfood 420a430,
choice to fancy 44a0455.
Eye dull; No. 2, 66 fob New York
cif ßa ß r X.o Stea< * feedin « : malting 98a103
Wheat, spot easy; No. 2 red 92c cleva
tor and 93c fob afloat. Futures weak
closing l-2a3-4 net lower. May 95 14
July 91 1-8. ’
Corn spot steady; No. 2, 51 1-2 fob
afloat futures unchanged May 55 3-4.
Oats spot steady; standard white 85
s; No. 2, 36; No. 3, 85 and No. 4, 34
1-2. Futures nominal.
Lard easy; middle west prime 930 a
940; refined steady; continent 900; com
pound 9a9 1-4.
Tallow easy 6 7-Ba7 3-8.
Petroleum steady; refined barrels 740-
bulk 390.
Rosin steady; strained common to
good 735.
2 <! aepentine steady; machine barrels 91
Elce steady; domestic 2 1-4a5 1-4; pat
na 0 l-2a6.
Molasses steady; New Orleans open
kettle 30a50.
Raw sugar firm refined steady.
Cotton seed oil quiet with prices easy
under local professional selling, reports
of easier crude, lower lard market and
in absence of support. Future* closed 5a
8 points net lower. March 688a89; April
687a93; May 692a94; June 698a701 ; July
701a703; prime crude 587a693; do summer
ellow 680a700; do winter do 700a740; do
summer white 690a730.
Coffee futures barely steady at n net
decline of 6 to 11 points. Spot coffee
quiet Rio. No. 7 12 5-3; Santos No. 4,
13 1-2; mild coffee quiet; Cordova 13 3-4
-t!5 3-4 nominal.
CAR LOT RECEIPTS
Chicago.—Wheat 16 cars, with four of
contract grade; coin 295 cars, with one
if contract grade; oats 157 cars. Total
recelp's of wheat at Chicago, Minnea
polis arid Duluth today were 270 cars,
- impared .with 172 cars last week and
Ml cars the corresponding day a year
rgo.
SEC Y. HESTER’S WEEKLY
COTTON STATEMENT
New Orleans—See. Hester's weekly
rCew Orleans Cotton Exchange statement
issued before the close of business today
hows an Increase In the movement into
sight compared with the 7 days ending
.date last year in round figures 4,-
000 a decrease under the same days yeat
betorc last and 15.000 and a decrease
tbe same time in 1908 of 27,000.
For tlie 24 days of tho season that
, * lapse<i the aggregate is ahead of
the L, days of last year 1.641,000 bo
hlnd the same days year before Inst 856
000 and a head of 1908 by 1,145.000.’
The amount brought Into sight during
he past week has been 173,693 hales
against 137.067 for the 7 days ending
this date last year 188.901 year before
hist and 200.852 same time In 190 S; ami
for the 24 days of February it has been
* 21.200, against 518,046 last year DOS 795
iif'[poß* fO16 IHSt and 824 ’ 258 same Uni*
The movement since September Ist
shows _ receipts at all United States
ports 1,587.112 against 6,011,388 last year
8,093,257 year before last and 6,837 039
s min timo in 1908. Overland across ’the
Mississippi, Ohio and Potomac rivers to
northern mills and Canada 830,591
against 610,766 last year, 519,895 year be
fore last and 477.720 same time In 1908;
Interior stocks in excess of those held
't the close of the eommerclal year
506.602 against 562,450 last year, 630 SiS
r° a :Jr° re la - <!t anil 384.763 same time
in 1908; southern mills takings 1,379 000
against 1.376,856 last year. 1,414 387 year
loos' 0 ‘ aSt Und I'3RS-091 1 ' 3RS - 091 same time In
These make the total movement for
, 0 (^ tlvs the wen.son from floptem
her Ist to data 10,202,306 against 8
561.460 last year 11,058,352 year before
ast and 9,057,(11 n same timo in 1908.
Foreign exports for the week have
been 196.692 against 6 1.472 last year
making the total thus far for the season
6,137,247 against 4,484,780 last year an
increase 1,652,527.
Northern mills takings and Canada
during the past 7 days show ,-t decrease
Of 6,023 as compared with the corre
sponding period Inst year, and their lo
ta! takings since September Ist have de
creased 6,740. The total takings ,p- .\ m .
ertoan mills, north, south and Canada
tints far for the season have been :s ft".| !
075. against 3.024,775 last year. These
include 1.627.051 by northern spinners
against 1,633.791,
Stocks at the seaboard and the 20
leading southern interior centers have
decreased during the week 110.712 bales,
against a decrease during the eonv.'
spending period Inst season of 13,522 nnd
are now 15,336 smaller than at tills dal.
in 1909.
Including stocks left over at port* and
interior towns from the Inst crop and
the number of bales brought Into slglr
thus fat- from the new crop, the supply
to date is 10,450,261, against 8,818,776
for the same period last year.
HESTER’S WORLDS VISIBLE
SUPPLY OF COTTON
New Orleans— For. ITorlov’h statoinont
of tho world’s vMblo supply of eo:tori
mo do up from special cable and tolo
uraphic advices cntnpurps the figures m
this week with last week. Inst year and
the year before. It shows n decrease for
the week Just closed of (b) 124.18-1
agralnst a decrease of F. 7,927 last year
and »i decrease of 97.542 year before ’last.
The total visible is 1)4.913,301 again**
5,037,485 last week 4.G08.276 last ve:»r end
5,496,623 year before last. Of thl* !lu>
total of American cotton is (a) 2.795,201
against. 3,899,485 last week 3.256,27 t; last
year and 4,348,623 year before lasi, and 1
of all oUier kinds, including; nm
7,\\. T.ndin, etc.. 1.118,000 against 1.138,000
last week 1.322,000 last year and 1,1 IS -
00ft year before last.
The total world’s visible supply of cot
ton as above there Is now afloat and
held In Great Britain and continental
Europe 2,888.000 against 2.295.000 lasi
yeai- and 3,141,000 year before last- in
Egypt 251,000 against 187.000 last year
and 315,000 year before last; In India
48.500. against 722,000 Inst year and
499.000 year before last; and In the
United Btates 1,219.0ft0 against 1.304.000
last year nnd fi.542.000 year before last.
(a) Including Bremen plus correction!
American 9.000.
(b) Including Bremen plus correction,
all kinds 8,000.
Spinner's Takings
New Orleans—Secretary F Tester give
the, taking of American cotton by spin
GUARANTEED
A guarantaed banking service Is a bulwark of protection for
the business man.
It means Fidelity to tbe depositors’ interests, freeing him from
the anxieties which a shattered confidence necessarily yield.
We guarantee you such a perfect our conception
of the banking business is moat comprehensive. Courtesy, prompt
ness, character.
The National Bank of Augusta
We Earnestly Solicit Your Business,
Guaranteeing to Serve you Capably,
Faithfully and Cheerfully
National Exchange Bank
AUGUSTA, GEORGIA
Interest Allowed on Time Deposits
WOODWARD MANUFACTURING CO.
L. W. WOODWARD, Pre»t. C. H. MOSLEY, Sec. and Treat.
F. P. BRANCH, Vlce-Preet. and Supt.
Office and Plant Corner Gwinnett Bt. end Augusta Ave. Take Monte
Bano Car
General Contractors, Lumber,
Sash, Doors, Blinds
WOODWARD LUMBER CO.
J. C. LEE, Robert «. Duqa. Sti. F E qibsON,
Pre * ldent - Msmjfictu'rer. of Sec - 4 Trea *-
Doors , Sash, Blinds and Interior Trim
DIALERS IN'
Rough and Dressed Lumber
Laths, Shingles, Cedar Posts, Etc.
ners throughout the world as follows, in
round numbers;
This week (b) 287,000 this year against
252,000 last year 272,000 year before last.
Total since September Ist, this year
(a) 7.4189,000, against 0,747,000 last year,
and 7,698,000 the year before.
Of this northern spinners and Canada
took 1,627,000 bales this year, against 1,-
634,000 last year, and 1,993.000 the year
before; southern spinners 397,000 against
1,391,000 last year, and 1,429,000 the year
before; and foreign spinners 4,165,000
against 3,722,000 last year and 4,296,000
the year before.
BANK STATEMENT
New York.—The statement of clearing
house banks for tho week todays) shows
that the banks hold $40,358,000 more
than the requirements of the 25 per
oent reserve rule. This is tin increase
of $4,514,600 in the proportionate cash
reserve as compared with last week.
Tli© statement follows:
Daily averages.
Loans $1,318,100 decrease $4,654,400
Specie $305,4.10,200 increase $3,557,600
Legal tenders $74,913,400 increase $7lO,
500
x Deposits $1,369,862,400 decrease $866,
000
Circulation $46,666,800 Increase $273,
500.
Reserve $380,323,600 increase $4,298,100.
Reserve required $339,965,600, decrease
$216,500.
Surplus $10,355,000 increase $4,514,-
600.
xU. S. deposits included $1,656,300 In
crease $58,500.
Actual Condition
Loans $1,321,598,500 increase $7,863,600
Specie $308,599/500, lmelrea.so $-1. ft
200.
Legal tenders $75,015,000 increase
$194,100.
x Deposits $1,369,314,600 increase $12,-
390.700.
Circulation $46,798,900, increase $280,-
300.
Reserve $353,614,500, Increase $4,734,300
Reserve required $342,336,150, Increase
$3,097,675.
Surplus $11,278,350, Increase $1,636,625.
XtT. S. deposits included $1,690,100 in
crease $42,500.
Nummary of state banks and trust
companies In Greater New York not re
porting to the New York clearing house.
Loans $1,111,022.000 Increase $1,604,700.
Specie $115,676,100 Increase $1,145,400.
Legal tenders $20,931,000, decrease
$12,100.
Total deposits $1.202,|T>02,000 increase
$7,070,500.
NAVAL" STORES
• onvui* Fls. —Turpentine firm 87
8-4; sales 36 barrels.
a 277 barrels.
Queue B 712 1-2; D 715; E 717 1-2; F.
720; G. 725; It. 740; I. 760; K. 790; M.
795; N. 800; Wg. 805; Ww. 810.
Savannah, Ga. —Turpentine, firm .87
3-1; sales 110; receipts 666; shipments
834; stocks 954.
Rosin firm; sales 1,142; receipts 1.042,
shipments 2,136; stocks 54,326.
Quote B 712 1-2; I). 715; E 717 1-2; F
720; F 725; It 740; I 760; K 790; M. 795
N 800; Wg 805; Ww 810.
Charleatonn ~S. C. —Turpentine Arm 87
3-4. Rosin firm.
Quote A B G 712 1-2; D 715; E 717 1-2;
F 720; G 725; II 740; I 760: K 790; M
795; N 800; Wg 805; Ww 810.
CHICAGO CATTLK RKCKIPTS.
Chicago.—Cattle: Receipts estimated
at 200. Market steady; beeves OlOuOSO;
T-exiis steers 425a560; Western steers
400a520; stoekers and feeders 380a58();
and heifers 260u570; calves 7F»Oa
-950.
«>gs: Receipts estimated at 16,00 ft.
Market strong, light 715a740; mixed 695 a
736; heavy 0K5«825; rough 6X5 1705; good
to choice heavy 705a726; pigs 735a765;
bulk of sabs 715a730.
Sheep: Receipts estimated at 1,500.
Market, steady; native 310 a 175; western
31 5m480; yearlings 475n575; lambs, native,
500a680; western 535a650.
AMERICAN PRESS HUMORISTS*
CORNER.
Colleague Leody, of the Youngs
town Telegram, under handing “.Say
ings of Famous Women:”
'And now, Henry, l suppose you nr [
going to spring that old rag about
being detained at the office. -Mrs.
Jones.
Ihe Beat of
the Year j
By Robert Livingston Beecher
COPY RIGHT, 1909, BY THE PKAKSOM PUBLISHING CO.
(Continued from yesterday )
Bruce looked at the writing for a
moment. Then, while the janitress’a
back was turned, he slipped the pho
tograph into his pocket.
On the front stoop, Bruce thanked
the woman for her assistance, and
looked at his watch. It was five
o’clock. Ha jumped into a passing
trolley car and, ten minutes later, en
-1-ored the livery stable of O'Brien &
Dorian.
Tho place was swarming with re
porters; but, much to Bruce’s relief,
Connors wag not among them. In
fact, lie only knew they were news
paper men by instinct. He did not
remember to have seen any of them
beforo.
As be entered, he found the center
of the stable occupied by Michael Mc-
Ginnis, the head stableman. The lat
ter, indeed, was in none too good
humor and, as Bruce approached, Mc-
Ginnis turned a scowling red faca
upon him.
“ See here, young bucko,” he burst
out, liia red hair bristling with indig
nation. “ Don’t yer begin asking me
the history of ine life. I nlvir seen
the young feller before; I nlvir expect
to clap eyes on him agin; he didn’t
leave any muss in the wagon, and
l hat’a all. Yours truly, Mike McGin
nis."
Bruce saw that his fiery friend would
need fiery treatment.
“ I didn’t come to pester you witK
questions, Mr. McGinnis,” he began,
soothingly. “You've summed up the
casa completely yourself." Bruce waa
aware that several of the strange re
porters had strolled up behind him and 1
were now well within earshot. “ All
I want,” he continued, wdth a wink at,
the brawny Irishmen, “ is a runabout
for an hour or so and someone to drive
me around. I’m in the real-estate
business In Chicago, and I don’t know
the lay of the land out here worth a
cent.”
Bruce knew instinctively that tho re
porters behind him were exchanging
dubious glances.
“ Well,” said McGinnis, slowly, with
a puzzled expression, " I’ll let yer have
a runabout and a good, reliable man
at the usual rates, two dollars an hour.
Here, Jawn, hilch up tho green run
about and show our frind the sights of
tho town."
Bruco frowned at the disappearing
“ Jawn,” who was already among the
si alls, and then turned again to Mc-
Ginnis.
” I want a better, more Intelligent
man than that, Mr. McGinnis,” he re
marked. “ Someone about your stamp.
Can't you give me an hour or so of
your time? ”
McGinnis Raw another wink slowly
materialize out. of nothing and vanish
again. Then the puzzled expression
on tils own face gradually faded away
also.
“My timo’s valuable, young feller,”
he said, meaningly.
Tlie young man smiled.
“ I am accustomed to paying well for
tho tnsislojice of valuable mon,” lio
said, with an important air. “ What i 3
your figure? ”
McGinnis took off his hat and
scratched his head.
“ Well,” he said at last, “ I think
about fivo dollars an hour will hit it
about right.”
“ You’re on." said Bruce, briskly.
Ah he turned away, he caught some
disjointed fragments of whispered
conversation behind him.
“He is, 1 tell you, 1 saw him when
I was on that kidnapping case."
“ Well, what shall ”
Bruce walked over from the doorway
and slepped into the green runabout.
McGinnis swung up beside him, and
they rolled down the street.
" Whal'B your paper, lad? ” McGinnis
asked, his eyes dancing.
Bruce told him.
At half past five the green runabout
drew up at the button factory In Long
Island City and Bruce and McGinnis
were tißhered into the superintend
ent's office. Bruce briefly explained
the Identity of his companion and then
pointed to the large photograph on the
wall.
” Seo if you see our friend there,
McGinnis,” said he.
The Irishman stepped tip to the pic
ture, looked at it for a moment, and
then laid a big thumb on the figure
of a man at the left end of the front
row.
“That’s him,” he said, with an air
of complete conviction. ” That’s his
mustache all right.”
The superintendent looked at the
man indicated and whistled. Then he
reversed the frame and glanced at tha
key on the back.
" Yes, I thought so,” he said.
Ho adjusted the picture In Its proper
position and studied the group again.
Then ho turned and faced the two ex
cited men before him.
“ Did you find JoyceT ” he asked
abruptly.
” No,” replied Bruce. “ I didn’t.
He left Lis flat-house at seven o’clock
last night and hasn’t been seen since.'*
The superintendent, stroked his lroa
gray beard.
“It doesn’t necessarily prove any
thing,” he said, at last. ” The fact
that that man whom Mr. McGinnis has
just pointed out —the fact that he
hired a rig last night doesn't neces
sarily connect him in any way with
that body, does it now?”
Bruce shook his head.
“ And yet," added the speaker.
“ What? ’’ broke In Bruce.
“ There's one curious thing about
that group,” continued the superin
tendent.
Bruce and McGinnis stared hard at
the photograph and then looked in
quiringly at the speaker.
“ The curious thing, to my mind,**
said the superintendent, “ is the posi
tion of a certain girl in that big group
of more than three hundred people.
Look at that photograph again, and
you’ll notice that there are about
twenty mpn off in that left corner.
There’s only one girl among them and
she’s standing out on the extreme end
—neat to Mr. McGinnis’s man and be
tween him and Joyce. And Joyca ia
missing.”
(7V it tentinutd)
SEVEN