The morning news. [volume], October 18, 1896, Page 16, Image 16

About The morning news. [volume] (Savannah, Ga.) 1887-1900

Image provided by: Digital Library of Georgia, a project of GALILEO located at the University of Georgia Libraries

                
16
COTTON MARKET QUIET.
LOCAL MARKET INCH WGED, WITH
A PATH DEMAND.
The Spirits Turpentine Market Dnll
nnd Neglected.—No Sales Reported
at the Market Quotation—An Ad
vance in the Price of Pale Rosins.
The Demand Good for All tirades.
Wholesale Markets Quiet and
Sternly.
Savannah, Oct- 17.—While the quotations
on cotton were unchanged, and the tone
bulletined dull, there was a good demand
near the close and the sales for the day
showed a fair amount of business. There
was nothing doing in spirits turpentine,
the market being bulletined quiet at -otic
a gallon. There was an active demand
for all grades of rosin, while the pale
grades advanced 5 cents a barrel. The
wholesale markets were quiet and steady
and generally unchanged. The following
resume of the different markets will
show the tone and the quotations at the
'close to-day:
(OTTOS.
The local market continued quiet and
unchanged, with a fair demand. The
sales for the day were 1,160 bales. At the
Cotton Exchange at the first call, at 10:30
o’clock, the market was bulletined quiet
and unchanged, with sales of 361 bales.
At the second call at 1 o’clock it was un
changed with sales of 50 bales. At the
last call it was quiet and unchanged with
further sales of 746 bales.
The following were the official spot quo
tations at the close of the market at the
Cotton Exchange to-day;
Good middling 7 5-16
Middling 7
Low middling 6 15-16
Market quiet; 6ales, 1,160.
Sea Island Cotton.—The market was
quiet and unchanged with the small sales
on a basis of the following quotations;
Fancy Georgias 1414
Extra choice Georgias 13}
Choice Georgias 13
Extra fine Georgias 12*4
Fine Georgias and Floridas 12
Medium fine Georgias and Floridas 1114
Savannah Receipts, Exports and Stocks:
Receipts this day 7,527
Receipts this day last year 7,578
Receipts this day year before last... 8,261
Receipts since Sept. 1, 1896 232.692
Same time last year 221,273
Same time year before last 265,191
Exports, coastwise, this day 2,102
Stock on hand this day 124,167
Same day last year 35,297
Receipts and Stocks at the Ports—
Receipts this day 32,516
This day last tveek 48,174
This day last year 44,111
This day year before last 44,376
Total receipts since Sept. 1, 1896 1,704,611
Same time last year 1,100,502
Same time year before last 1,446,518
Stock at the ports to-day 1,007,211
Stock same day last year 767,578
Daily Movement at Other Ports—
Galveston—Quiet; middling, 7 5-16; net
receipts, 15,628; gross, 16,428; sales, 900;
stock, 225,508.
New Orleans—Steady; middling, 7 3-16;
net receipts, 15,311; gross, 16,529; sales, 3,300;
stock, 279,906.
Mobile—Steady; middling, 7; net receipts,
2,210; sales, 116, stock, 49,657.
Charleston—Quiet; middling, 7; net re
ceipts, 2,831; stock, 73,541.
Wilmington—Steady; middling, 714; net
receipts, 3,616; stock, 40,293.
Norfolk—Quiet; middling, 7 5-16; net re
ceipts, 3,267; sales, 841; stock, 68,024.
Baltimore—Dull; middling, 7%; stock,
8,089.
New York—Quiet; middling, 7 15-16; gross
receipts, 3,332; stock, 125,235.
Boston—Quiet; middling, 7 15-16; net re
ceipts, 636,
Philadelphia—Quiet; middling, 7 3-16; net
receipts, 194; stock, 4,926.
Daily Movement at Interior Towns—
Augusta—Steady; middling, 7 5-16; net
receipts, 3,010; gross, 3,117; sales, 1,707;
stock, 41,338.
Memphis—Steady; middling, 744; net re
ceipts, 3,752; gross, 4,095; sales, 3,600; stock,
90,887.
St. Louis-Quiet; middling;, 7%; net re
ceipts, 897; gross, 4,430; sales, 100; stock,
23,228.
Cincinnati—Steady; middling, 7%; net re
ceipts, 1,887; sales, 300; stock, 4,422.
Houston—Quiet; middling, 7 5-16; net re
ceipts, 10,649; sales, 982; stock, 68,762.
Louisville—Quiet; middling, 7^4.
Exports of Cotton This Day—
Galveston—Coastwise, 22.
New Orleans—To Great Britain, 26,974; to
France, 4,397; to the continent, 10,500; coast
wise, 568.
Savannah—Coastwise, 2,502.
Charleston—To Great Britain, 6,535.
Norfolk—Coastwise, 5,246.
New York—Coastwise, 295.
Boston—To Great Britain, 1,001.
Total foreign exports from all ports this
day, and thus far this week: To Great
Britain, 34,510; to France, 4,397; to the con
tinent, 10,600.
Total foreign exports since Sept. 1, 1896:
To Great Britain, 410,662; to France, 95,925;
to the continent, 246,939.
Liverpool, Oct. 17, 12:30 p. m.—Cotton
moderate demand; prices unchanged;
American middling, 4 7-16d; sales, 8,000;
American, 7,800; speculation and export,
10,000; receipts, 22,000, all American; fu
tures opened steady; demand moderate;
October, 4.16d; October-Novembor, 4.13®
4.12(1; December-January, January-Febru
ary, 4.08@4.07d; February-March, 4.07d;
March-April. 4.08@4.07d; May-June, 4.09®
4.06d. Futures quiet.
1 p. m.—American middling, 4 7-16d; Oc
tober, 4.16d values; October-November,
4.12d sellers; November-December, 4.09d;
Decemher-January, 4.07fi4.06d buyers; Jan
uary-February, February-March, March-
April, 4.07d buyers; April-May, 4.07,'ii4.08d
buyers; May-June, 4.08d buyers; June-
July, 4.09d; JulyrAugust, 4.10d sellers. Fu
tures closed quiet but steady.
New York, Oct. 17, noon.—Cotton futures
opened steady; November. 7.52 c; Decem
ber, 7.71 c; January, 7.84 c; February, 7.88 c;
March, 7.91 c; April, 7.95 e.
New York, Oct. 17, 1 p. m.—Cotton fu
tures closed steady; sales, 56,600 bales;
October, 7.55 c; November, 7.58 c; December,
7.76 c; January, 7.88 c; February, 7.92 c;
March', 7.98 c; April, 8.02 c; May, 8.06 c;
June, B.loc.
New Orleans, Oct. 17.—Cotton futures
steady; sales, 23,800 bales; October, 7.20 c,
November, 7,27 c; December, 7.44 e; July,
7.51 c; February, 7.61 e; March, 7.68 c; April,
7.73 c; May, 7.79 c.
New York. Oct. 17.—The total visible
supply of cotton in the world is 2,659,859
bales, of which 2,366,659 bales are Ameri
can, against 2,891.426 bales and 2,611,226
bales respectively last year. Receipts of
cotton this week at all Interior towns
were 254,547 bales. Receipts from the plan
tations were 397,709 bales; crop In sight
Is 2,234,197.
New York, Oct. 17.—Rlordan & Cos. say
of cotton; •'The trading In cotton to-day
was dull, as It has been throughout (he
week. January opened at 7.82 c. advanced
to 7.89 c and closed at 7.88 c, with the tone
steady. The business was small and mam
h'*ocal - The improvement was owing to
fer... *"‘ ath, ' r ' there being predictions of
ln Tennessee, Arkansas and
the bunT er .H ° ry ' Murh 10 ‘he disgust of
The unl! h, | re, 'etpts continue enormous.
•lection also'h 1 *? of the approaching
over the h Caßt Hha,i l ' v
cess of the er v < ln tlle event of the suc
panlc that wnuia r parly an( t 'he business
tldpate a* severe 'iho o ' lo*''0 *'' many an '
rary break in t'he h ?r-* h p< l rhaps tempo
there Is already !otlem Of „. cotton ’
the part of rirufipm disposition on
their oontracu iuX,, td “ ven up
acts uuring the present month.
so as to be in position to make new and
less hazardous deals after the result of
the election should be known. Never be
fore has any political struggle involved
so largely the question of commercial
values and conservative operators will
not be slow to see the advantage of
avoiding unusual and extraordinary risks
by hedging or liquidating their ventures,
whether long or short, before the election,
so as to have no important interest In
cotton while the battle at the polls is
going on. Indeed, some commission
houses are now declining to buy or sell
cotton for future delivery, except upon
the condition that the trades are to be
i closed out before the end oflhe month."
New York, Oct. 17.—The Sun says of cot-
I ton: “Cotton futures declined 1 to 3
I points, but recovered the loss and advanc
j ed 3 to 5 points, closing steady. Northern
I spinners have taken thus far this season
■ 2X7,856 bales, against 219,426 last season.
; The speculation to-day was of a holiday
j character and the fluctuations in prices
| were easier and prices here declined
j slightly at the opening, but subsequently
the loss was recovered on predictions of
frost in Arkansas, Oklahoma and Indian
Territory, and prices slowly advanced.
The Chronicle says: "Telegraphic ad
vices this evening indicate that in the
main the weather has been quite satisfac
tory at the south the past week. While
rain has fallen in most localities, the pre
cipitation has been light as *i rule, and
consequently outdoor work has suffered
but little interruption. And picking and
marketing have made rapid progress. Re
ports from Texas are to the effect that
but little cotton remains to be picked, and
our correspondent at Madison, Fla., states
that about three-quarters of the crop has
been gathered. From Helena, Ark., we
are advised with late frost a (good top crop
is anticipated.”
DRY GOODS.
New York, Oct. 17.—T0-day has brought
to a close another week of comparatively
slow trade in the cotton goods division of
the dry goods market as far as new busi
ness is concerned.
Deliveries which are still being made on
back contracts in staple lines are suf
ficiently full to prevent material accumu
lation of stocks. The amount of business
secured for spring is much below an av
erage and this means a late demand of un
usual proportions as soon as the elections
are satisfactorily settled. There is, there
fore, an incentive to hold merchandise In
the prospect of better returns later on.
NAVAL STORES. -
Spirits Turpentine—The market was
weak, and no sales were reported at the
Board of Trade. At the first call at the
Board of Trade the market was bulletined
steady at 2684 c and at the last call, It was
quiet and unchanged.
Rosin—The demand continued strong for
the pale grades and they advanced 5 cents
a barrel. At the Board of Trade at the
first call, the market was bulletined firm
at a part advance of 5c on window glass
and N grades, with sales of 1,274 barrels,
including the entire line. At the last call,
there was an advance of 5 cents on water
white, while W G, and N, were quoted at
the outside prices. The sales were 1,075
barrels. The market closed firm. The fol
lowing were the official quotations at the
last call at the Board of Trade:
A, B, C $1 50 I $1 60
D 1 50 K 1 65
E 1 50 M 1 86
F 1 50 N 2 10
G , . 1 55 W G 2 30
II 6O W W 2 55
Naval Stores Statement—
Spirtls. Rosin.
Stock on hand April I, 1896.. 5,319 134,978
Received to-day 947 3,690
Received previously 245,379 647,650
Total 251,645 786,218
Exports to-day 1,089 5,529
Exports previously 213,317 590,685
Total since April 1, 1896 ....218,846 596,214
Stock on hand this day 32,799 190,004
Stock same day last year 17,339 129,576
Receipts same day last year.. 889 4,149
Charleston, S. C„ Oct. 17.—Turpen
tine, market firm; sales, none, 2v>c.
Rosin firm; sales, none; A, B, C, D, E,
$1.40; F, $1.45;.G, $1.50; H, $1.55; I, $1.60; K,
$1.60; M, $1.75; N, $1.95; W G, $2.05; W W,
$2.25.
New York, Oct. 17.—Rosin steady; com
mon to good, $1.8784019. Turpentine easier,
29%®20%e.
RICE.
Market steady.
Clean, per pound: Common, 2®2 1 / 4c; fair,
2%03c; good, 3%03%c; prime, 404%c.
FINANCIAL.
Money—Steady.
The hank clearing* for the past week
were 34,077,296.08, against 34,602,978.22 for
the same week last year, and 34,027,783.70
for the same week year before'last.
Foreign Exchange—The market was very
weak. The following are net Savannah
quotations: Commercial demand, $4.81%;
sixty days, 34.79%; ninety days, 34.78%;
francs, Furls and Havre, sixty days, 6.24%;
Swiss, sixty days, 5.26; marks, sixty days,
94 1-16, less 31.50 per 31.000.
Domestic Exchange—Steady. Banks are
buying at 31-50 discount per 31.000,
and selling as follows: Up to 325, 10c prem
ium; 325 to 350, 15c premium; 350 to 3100, 20c
premium; $lOO to 3200, 25c premium; 3200 to
31,000, at par; 31,000 or over, 60c per 31,000
discount
Securities—The market Is fairly steady
with light offerings, but trading is still
slow.
Stocks and Bonds—State Bonds—Geor
gia, 3% per cent, bonds of 1930, 101 bid, 102
asked; Georgia 3% per cents., due 1915, 101
hid, 102 asked; Georgia 4% per cent, bonds,
1915, 110 hid, 111 asked; Georgia 4 per
cent., due 1926, 107 bid, 109 asked; South
Carolina 4%5, 105% hid, 106% asked.
City Bonds—Atlanta 7 per cent., 103 bid,
104 asked; Augusta 4%5, 1925, 102 bid, 103
asked; Augusta 7 per cent., 110 bid, 111
asked; Augusta 6 per cent., 108 bid, 109 ask
ed; Columbus 5 per cent., 102 bid, 103% ask
ed; Macon 6 per cent., 112 bid, 114 aske-l;
Savannah 5 per cent., quarterly January
coupons, 107 bid, 107% asked; Savannah 5
per cent., quarterly November coupons,
107 bid, 107% asked; Charleston 4s, 94 bid,
95 asked.
Railroad Bonds—Savannah, Florida and
Western railroad general mortgage bonds,
j per cent. Interest coupons, hid, 112
asked; Atlantic and Gulf first mortgage,
consolidated 7 per cent, coupons, January
and July maturity, 1897, 101 bid, 101% ask
ed; Central Railroad and Hanking Com
pany, collateral gold ss, 90 bid, 93 asked;
Central of Georgia Railway first mort
gage gold bonds, 106 bid, 107 asked; Central
of Georgia railway consolidated ss, 50-year
gold bonds, 83% bid, 85% asked; Central
of Georgia Railway, first preferred In
comes, 27 bid, 28% asked, ex-lnterest; Cen
tral of Georgia Railway, second pre
ferred Incomes, 11 bid, 12 asaed; Central
of Georgia Railway third preferred in
comes, 6 bid, 7 asked; Georgia railroad
6s, 1910, 107 bid, 110 asked; Charlotte, Co
lumbia and Augusta first ss, 102 bid, 103
asked; Charlotte, Columbia and Au
gusta second mortguge 7s, 109
bid, 111 asked; Georgia Southern and
Florida now ss, 92 bid, 94 asked; South
Georgia and Florida first mortgage 7s,
bid, 106 asked; South Georgia and Flor
ida, second mortgage 7s. bid, 105 asked;
Savannah, Amerleus and Montgomery os,
bid, 69 asked; Ocean Steamship 6 per
cent, bonds, 1926. bid, #8 asked; City and
Suburban railroad first mortgage 7 per
cent, bonds, bid, 78 asked; Electric
railway ss, due 1935, 10 bid, 19 asked; Ala
bama Midland 5 per cent. Indorsed, 85 bid,
88 asked; Brunswick and Western 4s
bid. 70 asked; South Bound railroad ss,
bid, 73 asked; Southern Railway ss, 81
bid, 83 asked; Georgia and Alabama first
preferred ss. 91 bid, 95 asked; Georgia and
Alabama first ronsols, 65 bid, 70 asked.
Railroad Stocks—Augusta and Savan
THE MORNING NEWS: SUNDAY, OCTOBER 18, 1890.
J. K. Burgess, President. A. R. Stewart, Gen. Men.. Sec. nnd Treae.
STEWART CONTRACTING COMPANY,
HOUSE AND MILL BUILDING, GAM AND OTHER HEAVY MASONRY SPECIALTIES,
6EHERAL CONTRACTORS AND BUILDERS.
Estimate* Fnrnlehed on Any Kind of Construction.
Koagh and Cut Granite for Hallding Parposr* and Street*
Crushed Granite for Concrete and Macadam*
BRANCH OFFICE, Savannah. 6a. HOME OFFICE, Columbia. S, C.
nah, 69 bid, 90 asked; Georgia common, 152
bid, 155 asked; Southwestern, 8782 ti<3, 8884
asked; Atlanta and West Point railroad
stock, 98 bid, 99 asked; Atlanta and
West Point 6 per cent, certificates, 96 bid,
97 asked; Savannah Construction Com
pany, bid, 65 asked, ex-div.
Gas Stocks—Savannah Gas Light stock,
2084 Met 2184 asked; Electric Light and
Power Company, 55 hid, 60 asked.
Bank Stocks, Etc.—Citizens Bank, 110
bid, 111 asked; Chatham Bank, 4584 bid,
4684 asked; Germania Bank, 106 bid, 107
asked; Merchants’ National Bank, 90 bid,
9184 asked; National Bank of Savannah,
125 bid, 128 asked; Oglethorpe Savings and
Trust Company, 100 bid, 103 asked; South
ern Bank of the State of Georgia, 169 bid,
171 asked; Savannah Bank and Trust Com
pany, 10184 bid, 10284 asked; Chatham Real
Estate and Improvement Company, A, 53
bid, 53 asked; B, 50 bid, 51 asked; People's
Savings and Loan Company, 90 bid, 9184
asked.
Factory Bonds—Augusta Factory, 6s, 100
bid, 102 asked; Sibley Factory 6s, 100 bid,
101 asked; Enterprise Factory 6s, 101 bid,
102 asked; Eagle and Phenix Manufactur
ing Company, 6 per cent, bonds, 37 bid, 41
asked.
Factory Stocks—Savannah Cotton Fac
tory, bid, 50 asked; Augusta Factory, 75
bid, 77 asked, ex-div.; Graniteville Factory,
145 bid, 150 asked; Langley Factory, 103 bid,
105 asked; Enterprise Factory, common,
90 bid, 100 asked; J. P. King Manufacturing
Company, 100 bid, 103 asked; Sibley Man
ufacturing Company*, 70 bid, 75 asked; Sa
vannah Brewing Company, 85 bid, 95 ask
ed.
London, Oct. 17.—Bar silver, 3084d. Con
sols 107% for money and 108 for the ac
count.
Paris, 4:30 p. m.—Three per cent, rentes
101 francs, 55 centimes for the account.
New York, Oct. 17.—Money on call was
'at 4 per cent. Prime mercantile paper, 8®
9 per cent. Sterling exchange heavy, with
actual business in bankers’ bills at $4.80®
4.80% for sixty days, and $4.838404.83% for
demand; posted rates, $4.818404.84%. Com
mercial bills, $4.7904.80 Bar silver, 6584 c.
Government bonds strong; state bonds
were dull; railroad bonds firm; silver at
the board was higher.
New York, Oct. 17.—The treasury bal
ances were as follows: Coin, $126,304,585;
aurrertcy, $58,777,994.
New York, Oct. 17.—The weekly state
ment of the associated banks shows the
following changes: Reserve, decrease,
$3,688,100; loans, decrease, $254,000; specie,
increase, $686,000; legal tenders, decrease,
$5,571,500; deposits, decrease, $4,789,600; cir
culation, increase, $225,300. The banks
now hold $11,911,100 in excess of the legal
requirements.
New York, Oct. 17.—The New York Fi
nancier says this week: “Asa result of
their operations for the wedk ending Oct.
17, the associated banks of New York city
report a decrease of $3,688,100 in reserves,
and a loss of $4,885,500 in cash, the gain
of $686,000 In specie having been offset by
the heavy loss of $5,571,500 in legal tenders.
Despite the fact that the receipts of gold
from abroad during the period covered by
the report have not been heavy, the state
ment is not as favorable as had been an
ticipated. It is complicated, however, by
conditions which do not appear on the
surface. The banks lost to the interior,
as near as can be estimated, something
like $2,000,000, and the only offset was the
Increase in specie, as shown in that item.
But all the gold received during the week
did not figure in the statement, and this
fact, together with the assurance that
imports are bound to continue in heavy
volume, rather favors the idea that the
money market will not exhibit that de
gree of stringency which a superficial
study of the statement might indicate.
The discrepancy between the total loss
1 of cash and the amount which went into
the interior is large, and the only way
to account for it is on the supposition
that large loans were made for gold im
porting purposes. That these were made
is known, as the calls by the banks on
borrowers during the week affected the
loan market daily. If the hanks had not
put this money out again, the contraction
in the loan item would have been very
heavy. As it is, there is only a change
of $254,000 since the statement of Oct.
10. The open premium ruling on gold in
dicates that there must be a demand for
it, and there is doubtless some hoard
ing, but the current statement does not
reflect this in a general way.
As compared with Aug. 29 last, the de
posits of New York banks have increased
only $2,000,600, although the import* of
gold since that time have been in the
neighborhood of $50,004,000. This will in
dicate the volume of the interior move
ment. In the same time loans have ex
panded only $1,250,000, and the reserve is
only $3,000,000 heavier.
|0ct.17,'96.;0ct.19,'95. |0ct.20,'94.
Loans ...... |5456, 139,300j 3504,320,300 $500,77230
Specie | 59,136,400| 61.851,900 j 93,937,900
Legal t’drs.| 66,198,500| 86,509,301)| 111,252,500
Net d’p's ...| 453,695,200 1 531,924,1001 591,706,900
ClrcTt'n ..[ 20,521,1001 14.131,100; 11,723.000
Total r've..| 125,334,9001 148,361,200| 211,190,400
live r’q'd .j 113,423,800 j 132,981,0251 148.676,725
Ex.-.-ss r'vej 11,911,1001 15,380,175 62.5!3.675
New York, Oct. 17, noon.—Erie, 13%;
Northwestern, 98%; preferred, 142%; LakA
Shore, 143%; Norfolk and Western pre
ferred, 9%; Western Union, 83%; Southern
Railway, common, 8; Southern Railway,
preferred, 23%; American Sugar, 10678;
Baltimore and Ohio, 14; Canada Southern,
45%; St. Paul, 69%; Rock Island, 59%: Del
aware and Hudson, 122; Delaware, Lack
awanna and Western. 154%; Manhattan,
90%; Michigan Central, SS; New York Cen
tral, 90%. Speculation closed weak.
New York, Oct. 17.—American Tobacco
made a sensational break of 7% per cent,
to 69% on dealings of 31,300 shares, and
this was the only feature of the trading
at the stock Exchange to-day. The trans
actions outside of Tobacco aggregated
only 61,359 shares. The slump In the spe
elalty named was attributed to liquida
tions by a pool, which had acquired a
line of the stock on the belief that a deal
with the company’s principal competitors
In the west could be brought to a suc
cessful conclusion. To-day It was given
out that the negotiators were untile to
agree and a rush to sell Immediately fol
lowed. The other leading issues were not
Intlueneed by the remarkable drop in the
stock named, and the poor showing made
by tfie St. Paul for the second week or
October was also Ignored. In fact, the
railway list held tolerably firm, and In
some cases advances were made during
the first hour of business. The bang
statement, however, chilled the bullish
feeling, and near the close the entire fist
was w>eak and lower. The exhibit was
unfavorable to a degree. It showed •
contraction in loans and a loss in legal
tender and deposits and a moderate g.rn
In specie. The statement reflects the
hoarding of money and the shipment of
currency to Interior points. Good authori
ties place these shipments last week at
over *3,000,000. The small Increase 'n
specie—s6B6,ooo—was a disappointment ,n
view of the enormous receipts of gold
from Europe. In the late reaction, Sugar,
Manhattan, the Grangers, Leather pre
ferred and Reading led. The decline was
equal to %@>l% per cent. Speculation
closed wealt and net changes show losses
of 84®% per cent, on the day. The loss
1n Tobacco was 6% per cent. In the spe
cialties Bay State Gas rose 1% and closed
at 8. Consolidated Gas advanced 1 to 111
and Cotton oil preferred 284 to 54. Bonds
were dull and firm. The sales footed up
only $354,000.
New York Stock List, Closing Bids,
Stocks and Bonds—American Cotton Oil,
1384; do preferred, 51; Sugar Refinery,
106%; do preferred, 95%; American Tobac
co, 6984; do preferred, 94; Atchison, T. and
s. F., 1284; Baltimore and Ohio, 14; Can
ada Pacific, 5684; Chesapeake and Ohio,
14; Chicago and Alton, 156; Chicago, B.
and Q., 68%; Chicago Gas, 59%; Delaware,
Lackawanna and Western, 15484; Erie,
1384; do preferred, 30V4; Edison General
Electric, 125%: Illinois Central, 90; Lake
Erie and Western, 1484; do preferred, 66;
Lake Shore, 1438*2: Louisville and Nash
ville, 4284; Louisville and N. A., %; Man
hattan, 90%; Memphis and Charleston, 15;
Michigan Central, 88; Missouri Pacific,
1884: Mobile and Ohio, 1684; Nashville,
Chattanooga and St. Louis, 6784; United
States Cordage, 1%; do preferred, 8%! New
Jersey Central, 9984; New York Central,
9084: New York and New England, 46
asked; Norfolk and Western, preferred,
1484; Northern Pacific, 1384; do preferred,
20%; Northwestern, 98%; do preferred,
14284; Pacific Mail, 19; Reading, 22%; Rock
Island, 59%; St. Paul, 69%; do preferred,
124 asked; Silver Certificates, 6584; Ten
nessee Coal and Iron, 2184; do preferred,
90; Texas Pacific, 6%; Union Pacific, 784;
Wabash, St. L. and P., 5%; do preferred,
13%; Western Union, 82%; Wheeling and
L. E., 584; do preferred, 25; Southern
Railway ss, 8384; Southern Railway, com
nhon, 8; Southern Railway, preferred, 23%.
State Bonds—Alabama A, 10084; Alabama
B, 100; Alabama C, 94; Louisiana stamped
4s, 90; North Carolina 4s, 100; North Caro
lina 6s, 112; Tennessee, new set, 3s, 7584:
Virginia 6s, preferred, 5; Virginia Trust
Receipts, 584; Virginia Funding Debt, 56;
South Carolina 4Vs, 100%.
Government Bonds—United States 4s,
registered, 106%; United States 4s, cou
pons, 10784; United States 2s, registered,
9284; United States new 4s, registered,
114%; United States new 4s, coupons, 116.
MISCELLANEOUS MARKETS.
Bacon—The market is firm. Smoked
clear sides, 644 c; dry salted clear rib sides,
544 c; long clear, none; bellies, 5%c; sugar
cured hams, 12c.
Lard—Market firm; pure, in tierces, 5%c,
50-pound tins, 644 c; compound, in tierces,
sc; in 50-pound tins, s'/4c.
Butter—Market higher; fair demand;
Goshen, 14@15c; gilt edge, 1744® 1844 c; best
creamery, 19(ff20c.
Cheese—Market higher; 844©11c; fancy,
full cream cheese, 10@12c; 20-pound aver
age.
Fish—Mackerel, half-barrel, No. 1, $8.50
No. 2, $7.50; No. 3, $0.00; kits, No. 1, $1.23;
No. 2, $1.00; No. 3.95 c. Codfish, 1-pound
bricks, 644 c; 2-pound bricks, 6c. Smoked
herring, per box, 20c; Dutch herring, in
kegs, $1.60. N w mullet, naif barrels, $3.50.
Salt—Demand is fttlr, and the market
steady; carload lots, f, o. b., Liverpool.
200-pound sacks, 48c; Virginia, 125-pound
burlap sacks. 32c; ditto, 126-pound cotton
sacks, 35c; smaller lots, higher.
Syrup—Market quiet, Georgia and Flor
ida syrup, buying at 23c, selling at 23©25e;
sugar house at 18®32c; Cuba, straight
goods, 23@30c; sugar house molasses, 15
@2oc.
Tobacco—Market quiet and steady;
smoking domestics, 22@60c; chewing com
mon, sound. 24®27c; fair, 23(335c; good, 3G
@4Bc; bright, 60®65c: fine fancy, 63®80c.
Sugar—Equality Prices—Savannah quo
tations—Cut loaf. 4.930; crushed, 4.93 c;
powdered, 4.55 c; XXXX powdered, 4.68 c-,
standard granulated, 4.30 c; cubes, 4.55 c;
mould A, 4,55 c; diamond A, 4.30 c; confec
tioners’ A, 4.18 c; white extra C, 3.93 c; ex
tra C, 4.74 c; golden C, 3.68 c; yellows, 3.55 c;
tone, higher and advancing.
Coffee—Market steady; Mocha, 27c; Java,
2744 c; Peaberry, 20c; standard, No. 1,1744 c;
No. 2,1644 c; No. 3,15 c; No. 4,14 c; No. 5
13c; No. 6,12 c; No. 7, lU4e.
Flour—Very firm; patents, $4.65; straight,
$4.40; fancy, $4.30; family, $3.80.
Corn—Market is steady, white com, job
lots, 46c; carload lots, 13c; mixed corn,
none; cracked corn, Job lots, 95c sack.
Oats—Carload lots, 30c; job lots, 33c.
Oats—Chatham county raised, guaran
teed rust-proof seed, 55@65c.
Oats—Texas rust proof, 50c.
Rran—Job lots, 85c; carload lots, 75e.
Hay—Market steady; western, job lots,
85c; carload lots, 75c; Savannah, job lots,
75c; carload lots, 6744 c; pea vine, carload
lots, 80c.
Wheat—Seed, Savannah, $1.50.
Rye—Seed. Savannah, $2.00@2.50.
Meal—Pearl, per barrel, $2.35; per sack,
$1.05; city meal, per sack, 90c; pearl grits,
per barrel, $2.50; per sack, $1.10; city grits,
per sack, $l.OO.
Wines—Domestic port, sherry, catawba,
low grades, 60085 c; fine grades, $1.0001.50;
California light muscatel and angelica,
$1.35@1.75.
Liquors—Market firm; high wines, ba
sis, $1.18; whisky, per gallon, rectified, 100
proof, $1.3501.75; choice grades, $1.5002.00;
straight, $1.45#3.50; blended, $2.0004.00;
low proofs in proportion. Gins, lc per gal
lon higher. Rums, 2c higher.
Lemons—Market quiet; per box, $3,250
3.50.
1)1 ed Fruit—Apples, evaporated, B%@
10c; common, 708 c.
Raisins—L. L. $1.50; loose 60-pound
boxes, 5c pound.
Oils—Market steady; demand fair; sig
nal, 45@50c; West Virginia, black, 9012 c;
lard, 65@70c; neatsfoot, 00085 c; machin
ery, 20@30c; linseed, raw, 37c; boiled, 39c;
kerosene, Georgia test, 10c; water
white, 11c; fire proof, 12c; guardian, 11c;
deodorized.stove gasoline, 13c.
Lime, Calcined Plaster and Cement.—
Alabama and Georgia lime in fair de
mand and selling at 85c per barrel, bulk
and carload lots special; calcined piaster,
$1.60 per barrel; hair, 405 c. Rosedale ce
ment, $1.3004.40; carload lots, special;
Portland cement, retail, $2.40; carload
lots, $2.10.
Nuts—Almonds, Tarragona, 16c; Ivicas,
14c; walnuts, French, 11c; Naples, 12%c;
pecans, 10c; Brazils, 6c; filberts. 10c; as
sorted nuts, 50-pound and 25-pound boxes,
10011 c; cocoanutp. $3.75 per 100.
Cabbage—Barrels. 809 c.
Peanuts—Ample stock, fair demand;
market steady; fancy handpicked, Vir
ginia, per pound, sc; hand-picked, per
pound, 4c; small hand-picked, per pound,
4c.
Onions—Crates, 80c; barrels, $1.75.
Potatoes—lrish, $1.7502.00 barrel; sacks,
$1.75.
Nalls—Steel cut, lOd to 6d, $3.22; Bd, $3.32;
6d, $3.47; sd. $3.62; 3d. $3.92. Finishing. lOd
and 12d, $3.37; Bd, $3.47; 6d, $3.62; sd, $3.82;
4d, $3.97; 3d, fine, $1.32; 4d, box, $3.97; 4d,
Cooper, $3.72; all spikes, $3.22. Wire—l6d
to (kid, $3.47; (id. $3.57; 6d, $3.72; 4d and sd,
$3.87; 3d. $1.17; 2d, $4.57. Finishing. lOd, lid,
and 20d, $3.72; Bd, $3.87; 6d, $4.07; 50, $4.22;
4(1. $4.42; 3d, $4.62.
Shot—Firm; drop to B, $1.30, B to larger,
$1.65; buck. $1.55.
Iron—Market very steady; Swede, 4%@
sc; refined, $1.70 base.
Gun Powder—Per keg, $4.00; half keg,
$2 25; quarter keg, $1.25. Champion duck
ing, quarter keg, $2.25. Austin, Dupont
NOV. 6-FIRST TIME IN SAVANNAK-NOV. &
The Famous Circus That Has Made All America Talk.
Direct from Its Triumphal Tour of the North and Southwest, and p •
erywhere Pronounced by Press and Public the Biggest and Best Show V
Earth. un
*: HMIUhIH " II >1 liy
RINGLING BROS
. ; WOR.':-.V, I.BFA-K.- S MOW S • *.
pwi
fficWu
ROMAN
IIIPPODHOML
CIRCUS
|. -•, anpt
'’Mil
ELEVATED
STAGES
mmrn
COMBATS
HORSi"
MUSICAL -
irsnvAi
{Stupendous:
street
and HU N DR£P 3OF OTHER HI OH C LASS A RiNIC SPEC IA LISTS.
Superb Spectacular Festival of Olympus
Produced Upon a Scald of Magnitude Never Before Attempted and Grandly Inaugratine
the Most Resplendent Circus Display Even Seen in This or Any Other Country.
ANCIENT ROMAN HIPPODROME,
A Glorious Picture of the Eternal City Under the Cmsars. Reproducing, with Startling
Realism, the Sports. Gladiatorial Displays and Thrilling Raiasof the Circus Maxi
m is, togetherwith the Racing Glories of the Modern Turf.
MOST COMPLETE ZOOLOGICAL DISPLAY ON EARTH!
A Million Dollar MenagdEir, Embracing Korig. the Only Genuine Chimpanzee in America,
Monster Blood-Exuding Hippopotamus.'and Hundreds of Other Rare Wild Beasts,
Exhibited in M assive Superbly Carved and Gold-Illuminated Cages
Grandest Free Parade Ever Seen on the Streets of Any City. Leaves the Show Grounds at
10 O’clock on the Morning of the Exhibition. Gorgeously Resplendent Spectacle, Passing
in Kaleidoscopic Review Under the Sheen of a Thousand Shimmering Banners. DON’T
MISS IT.
TWO COMPLETE PERFORMANCES DAILY AT 2 AMD 8 O’CLOCK.
ONE 50-CEMT TICKET ADMITS TO ALL THE COMBINED SHOWS.
CHILDREN, UNDER 12, HALF FMRGE.
Excursion Rateg on all Railroads. WILL EXHIBIT AT
S2SV3SNN2TH, FRIDSY, NOVEMBER 6.
Seats and Admissions Show Day at Solomons & Co.’s Drugstore, corner
Market Square, at exactly the same price as on the Exhibition Grounds.
jp |i|| - "I1 ■
and Hazard, smokeless, half kegs, $8.45;
quarter keg, $4.30; 3-pound canister, $2.10;
1-pound canister, 75c. Less 20 to 10 per
cent. off.
Lumber—Demand, both foreign and do
mestic, is firm. Ordinary sizes, sll.oo®
12.00; difficult sizes, $13.00@18.00; flooring,
boards, $15.00®22.00; ship stuff, $16.50@20.00;
sawn ties, SIO.OO.
Poultry—Steady, fair demand; spring
chickens, 25c per pair; half-grown to
three-quarters grown, 30c to 35c pair;
full-grown fowls, 50c per pair.
Eggs—Market fully supplied; candled,
per dozen, 15® 16c; country, 2c less.
Hides, Wool, Etc.—Hides—The market
is weak; dry flint, 7c; dry salt, 3c; green
salted, 4c. Wool—Quiet; prime Georgia,
free of sand burrs, and black wool, 11c;
blacks, 9c; burry, s®7c. Wax, 20c. Tal
low, 2c. Deerskins, 15c.
Bagging and Ties—The market is firm;
jute bagging. 2 1 :,-pound, 7'ie; 2-pound,
6%e; 1 Si-pound, Otic; quotations are for
job lots, small lots higher; sea island bag
ging, B®BVsc; Standard Arrow ties, steel,
45 pounds, large lots, $1.40; small lots,
$1.50.
Dry Goods—The market is steady; de
mand brisk; prints, 4S5c; Georgia brown
shirtings, 4, %, sc; 4-4 brown sheet
ings, sc; white osnaburgs, 7@744c; cheeks,
4®ic; brown drillings, 5®644c.
OCEAN FREIGHTS,
Cotton—Market firm; rates quoted are
per 100 pounds; Boston, per bale, $1.25;
New York, per bale, $1.00; Philadelphia,
per bale, $1.00; Baltimore, per bale, $1.25;
to Liverpool via New York, 55c; Bremen,
via New Y'ork, 63c; Antwerp, via New
York, 57c; Havre, via New York, 63c; Am
sterdam, via New York, sc; Genoa, via
New York, 65c; Reval, via New l'ork, 75c;
Hamburg, via New York, 60c. Direct;
Barcelona. 68c; Genoa, 65c; Bremen, 55c;
Antwerp, 48c; Liverpool, 55c; Reval, 60c.
Lumber—By Sail—Freights are steady
at ruling rates. Foreign business is
more or less nominal. The rates from
this and nearby Georgia ports are quoted
at $1.25©5.50 for a range including Balti
more and Portland. Me. Railroad ties,
base 4-1 feet, 16c. Timber rates, 50c®$1.00
higher than lumber rales. To the West
Indies and Windward, nominal; to Rosa
rio, $12.00013.00; Buenos Ayres and Monte
video, $10.00®11.00; to Rio Janeiro, $14.00;
to Spanish and Mediterranean ports!
f 11.80OH.GO; to United Kingdom, for or
ders, nominal for lumber, 4-pound 5s
standard. A
By Steam—To New York, $7.00; to Phil
adelphia, $7.00; to Boston, $8.00; to Balti
more. $5.00.
Naval Stores—By Sal!—The market Is
firm. Large sized, Cork for orders, are
4s 9d; Genoa, 2s 3d®3s 6d; Adriatic, 2s 6d
®2s 9d; South America, rosin, 65e per
barrel of 280 pounds. Coastwise—Steam
—To Boston, 11c' per 100 pounds on rosin,
900 on spirits; to New York, rosin 844 c per
100 pounds, spirits, 85c; to Philadelphia,
(Continued on Fifth Page.)
mHi hides HI
DRY FLINT HIDES ni „
DRV SALT Vic
GREEN HALTED. '.; 5 (J c
Nothing but the freight deducted from
the above.
R. KIRKTjAND.
Europe* Greatest and Hlfchest Q cnXTtt A Family of Gvmnio Marvel*
Salaried Acrobatic Sensation. & IN Vr- v ~ Performing in Evening Dress.
3 DA COMAS Parisian Aerialists.
9 LANjAUERS Picturesque Posers.
MLLE IRWIN I the Human Top.
SILBBY & COMPANY
(Incorporated),
Hr 8 Commission Slot! Brokers
Stocks, Wheat and Provisions.
COTTON—Cash or margin.
Owing to the enormous Increase in our
business throughout the southern states
that good service and prompt settlements
has enabled us to obtain we will this day
open offices at 42-44 Broad street, New
York, thus enabling us to still further
our facilities and keep apace with the in
creasing business in the . same efficient
manner which has proved so satisfactory
to our many patrons as well as oureslves
Send for our dally market letter, issued
gratis and mailed free.
R. H. TAYLOR, Manager,
Board of Trade Building. Savannah, Ga
Tolcphone 445.
THE Cime.XiS tUM
OF SAVANNAH.
Capital $500,000.
'transacts a general bunking buslnesi.
Maintains a Savings Department and
lons INTEREST At * PER CENT., co u
ponmled quarterly.
The accounts of individuals. Urms. bank,
aud corporations are solicited.
With our large nn.nher of correspond
ents in GEORGIA. ALA li AM A, FLORID V
S ‘iV T,I ,P AKUMN V - lvo pr.pirei
*2i!£? d irL? oU ® cUo i?" lu ® ,n '*R LsvorattU
Correspondence invite L
BRANTLEY A. DENMARK. Fr.sldsal
M. H. LANs;, Vice President.
GEORGE U FREEMAN. OaOileE
DON'T DELAY!
SPECULATE CONSERVATIVELY.
S2O TO sl.OllO
Invested Through l' Will Yield You a
Handsome Income.
Explanatory pamphlets and market re
views mailed free on application. Presi
por tmiluea Pan lncom " araha ‘ op
“We huve not one dissatisfied custom
er.
£hioY°V F Y CO ’ Ilankc ' r and Brokers,
references." 50 Broadway, N. V.
IF \OU WANT GOOD MATERIAL
and work, order your lithographed and
printed stationery and blank books from
Moraine News. Savannah. Ga,
MOHS. JOS. LEFLUER^uSr
FRENCH FAMILY Bicycle Experts.
12 CHAMPION RIDERS
MAKE YOUR MONEY
. EARN MONEY,
under pur systematic co-operative
plan speculation “You Avoid
Risks. Settlements mode cneea
Week. Sums of S2O to SI,OOO Invested
under our plan will yield satisfac
tory returns. Prospectus explaining
our method mailed free Hiatning
44 Bro S a^ay* ELLEß * £“ York
eve?y ( dfv ert ‘ npe ' ABPnts wanted in
100(1
people
houses
100
CAGES ane
CHARIOTS
too
CHILLS
£tw;owjißs
100
ACTS—
CONTESTS
GREAT jyNOS
ELEVATED
STAjGESi
1 ENORMOUS
jACEJUWK
RAIEROAD
I RAINS
lO
kinds Of;
MUSIC
1.0000(1?
YARDS of
CANVAS
HoOO.OOO™
INNEW
FEATURES,
IARGEST
IfNTS
pmm
API 141.
INVESTED
13,700,000.
[e-mail]::
FINANCIAL.
Reason and Courage.
The money market always controls the
speculative situation. Its relative ease
or stringency has a direct effect on the
Stock Market. There is no real scarcity
of money now, but there Is a lack ot
courage, and this feeling is being taken
advantage of, as usual, by strong parties
to buy stocks. Those whose market ope
rations are not controlled by surface in
dications or unreasoning fear always win.
COURAGE IS A CONDITION' PRECE
DENT TO MAKING MONEY, AND
THOSE WHO BUY ON THIS Rk.AC
TION WILL HAVE THE ADVANTAGE
OVER TIMID OPERATORS.
WHEAT.
The bearing of the question of Supply
and Demand” is very applicable to the
present position of Wheat.
Estimated annual European consump
tion of wheat is 1,648,000,000 bushels; esti
mated yield 1,410,000,000 bushels; deficien
cy 238,000,000 bushels. Our exports since
.Jan. 1, 1896, amount to 82,000,U00 bushels,
against 48,000,000 bushels same period last
1 These facts speak for themselves, and
their importance can hardly he
mated when It is conceded that Europe
other sources of supply are very snon
themselves, and the deficiency must
made up by the United States.
Write for our "400-PAGE MAN
UAL," illustrated with railroad maps,
giving complete information of all R-A
ROAD and INDUSTRIAL properties, in
cluding highest and lowest price® 1
a series of 10 to 30 years of Stocks, Bona ,
Grain, and Cotton, and also the memo
of buying and selling on margin.
ISSUED GRATIS AND MAILED FREE
STOCKS, BONDS, GRAD*
COTTON, PROVISIONS.
Bought and sold for cash or on a margin
of 3to 5 per cent. Commission l- lb " ■
DETERMINING THE FINANC'1 46
RESPONSIBILITY OF' THE F IB ®
WITH WHICH YOU DEAL IS AS n l-
PORTANT AS SELECTING THE
111 CHIT STOCKS.
New York National Bank reference*
furnished. Twenty years’ experience,
largest clientele,most commodious om
best brokerage service.
HAIGHT&FREESE
BANKERS AND
COMMISSION STOCK BROKERS,
B3 BROADW AY, NEW YORK < ll "
THE CHATHAM BANK,
SAVANNAH, GA.
Transact* a general bankin'*
lJiiniiiraa,maintain* a liberal *' lnt ‘
department.
Foreign and Domestic E*el , a n ®*
a specialty.
Raving a large number of lnle | ' 10,
correspondent*, we can bnndl* col
lection* at very reasonable rale**
Correspondence *olloßcd.