davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1904-09-25
BANK srArEMENT.
a Further seduction IN surplus lseserv

AFufthoS houucuon " ouhpus DceW'o'
The weekly statement Of associated banks
was somewhat better than the last three
previous weeks. the loss being only q little
over three millions. against nine millions In
the weeks mentioned. The favorable feature
Of the statement was a contraction OF loans
OF nearly two and half millions. The loss
In cash was about Ave millions and half
but this was largely due to local changes.
rather than to the net result Of the known
movements of money. Deposits decreased
over ten millions, which was over two millions
more than called for by the changes. This
shows a further reduction OF three millions In
reserve, bringing that total down to twenty
six and quarter millions. as against fourteen
millions this time year ago and three and
q quarter millions In 1907.
The weekly statement Of averages OF the
associated banks of the city Of New York
compares as follows with that of last week
and1of the corresponding week year ago.
This reek. Last rsek. Last gfdr
Loans. 1885 800 ST. 500 tel7 0t7 70o
Deposits 1,21Ios3 100 t2zt,206,600 SOL ~, zOo
Circulation -. <o,7io,2oo Nio7.s0o b'oso'5oo
The sun. [volume] (New York [N.Y.]) 1833-1916, 1904-09-25

Oats were quiet on the spot Sales. 500 bush
Natural white. 80 to 9? lbs. a5lf 9s8he. corn was
Quiet on the spot. No. 2. mixed, In elevator,
September price. Futures CLOSED &c. 70 ihc higher.
Sales 5000 bush. Prices as follows:
The Savannah morning news., 1904-10-20
DAILY COTTON MARKET.

Galveston-Quiet; middling, 9Ac; net
receipts, 1855; gross. 1858: sales, 675:
stock l66,597. Exports-Great Britain
27,055; coastwise. 426S.
Nortolk-Net receipts, 6,731; gross.
6,731; stock. 46.050.
Baltimore - Nominal: middling.
1o.12c; gross receipts, 1,245; stock, s.
500.
Boston-Quiet; middling. 1O.s5c;
gross receipts, 1907.
ington-Nominal: net receipts.
1923; gross. 1923; stock, 24,509.
Philadelphia-Quiet; middling, 10.
net receipts, 105; gross, los; stock, A.
Az.
savannah-Quiet; middling, s4c: net
receipts. 11,037; gross, II 1887; sales. l.
49,; stock, l23,l24. Exports-Coastwise
80.
New Orleans-Easier; middling. 97tc:
net receipts, 16,707; gross, 1855: stock.
1913, 773. Exports--Great Britain. 200
Mobile-Easy; middling, 95sc net re-
ceipts, 2,475 gross, 2,475: sales. 400:
stock, S6,063. Exports-Coastwise 96S.
"Memphis-Steady; middling, 9Mc;
net receipts, 4,9l7; gross, S,4S3; sales,
$500; stock. 61.931
"Augusta-Steady: middling, 9 13-l6c:
net receipts, 1924; gross, 1890; sales,
LOAF; stock. 47,S5s.
Charleston-Quiet; middling, 93sc;
net receipts, 1,759; gross, 1853: stock,
22,945. Exports-Coastwise, 1898.
'Cincinnati-Net receipts, 500; gross,
500; stock 2.423.
~Louisville-Firm; middling, 97!c.
est. Lous-Quiet; middling 10c: net
receipts, 500; gross 1916; stock. C.os2
%Houston-Easy; middling. 9hc net
re ceipts, 1856; gross, 1856 sales, =
500; stock. 64,277.
New York-Quiet: middling, 10sFc:
gross receipts. 6,637; sales, $780, stock
G0,sSS Exports-Great Britain, 7,7sl;
continent, $50.
Brunswlck-Net receipts, also.
gross, 2.150; stock, 1,152. Exports -
Great Britain, 4.S7l.
Total To-day at All Seaports-
Net receipts, 62.551; Great Britain, 4s.-
407; continent. $50; stock, 6s5,02S.
Consolidated, at All Seaports--Net
receipts. 265.e54; Great Britain. 81 1851;
France. 2.iOO continent, 61.47S: Japan
$50.
Total Since Sept. !. at All Seaports-
Net receipts, 2,l3l.73O; Great Britain
762, 500, France. 1874, 1877: continent, 4Gi,
4s7 Japan 1928; Mexico, 1895.
Not included in totals.
The Savannah morning news., 1904-10-20
INTERIOR SPOT MARKETS
ENCOURAGED THE BEARS.

New York. Oct. 1s.-The cotton mar
ket opened steady at decline of 205
points, or just about as due or the ca
bes At the first the cables showed
firmness, with some demand from the
parties concerned in yesterdays ad-
vance and through wire houses with
southwestern connections Liverpool
rallied after the local opening and
prices here advanced to a net gain of
about SOS points. Later, however,
private advices from the South telling
of rather unsettled conditions in the
interior spot markets encouraged the
bears. while it was also considered
that the barometer lines indicated the
approach of warm weather, and prices
began to work downward. They did
not display particularly striking
weakness, but during the balance of
the session were barely rallied and
at the close were within a point or so
of the lowest at a net loss of about
7@10 points, or a decline from the best
of the morning of practically Is points.
Sales were estimated at only 200, 900
bales, representing almost entirely
professional operations.
The Savannah morning news., 1904-10-20
DEMERE a HAMMOND'S
Daily Cotton Letter from New
York.

York.
New York. Oct. 19.-There evidently
was considerable buying yester-
day on the prediction of frost,
and its failure to arrive this
morning caused gradual UNI
loading of this interest Receipts
We're large, interior stocks gained con-
siderably and spots were rather lower
IN the afternoon. 1t is true that dur
ing the morning there was consider
able inquiry from exporters, but the
moment liquidation of futures caused
softness, buyers promptly withdrew
from the spot markets. The large
receipts now coming forward are in
tended for October shipments. and
are to fill the holds of vessels which
nave been waiting for some time at
the ports for their cargoes. This has
notably been the case at Galveston
and New Orleans. Even a prediction
of frost in North Texas for tonight
passed unheeded. We hear lot
about a crop being SO far advanced
as to be immune from frost damage,
but crop which could not be in
jured by frost on Oct 10, would GER
tainly turn out to be a very small crop
indeed. The tropical storm which has
been hanging around South Florida,
has started into the gulf and was re-
ported to-day along the Mississippi
and Louisiana coasts, unless it's force
has been greatly weakened. The same
storm brought a rainfall of nearly
three inches to Jacksonville during
the past twenty-four hours. Fields are
full of open cotton and winds and
rains would certainly do damage I'M
der such conditions. There has been
a good deal of confident short selling
here to-day, in expectation of another
disappointment tomorrow regarding
the prediction of freeze. In fact, of
late it has been quite fashionable to
sell short and the interests on that
side of the market are steadily grow
ing. while the long interest is cautious
and runs on the least signs of weak
ness
The Savannah morning news., 1904-10-20

Ertelman, !. F., GA Liberty st, e.
Ehrlicher, M. B.. Liberty ana West
Broad SITS.
Eichholz, E., S19 East Broad st.
Eskedor. w. H., Wayne and West
Broad SITS.
Elsinger, E., 81 Broughton st, e.
Entelman, A. H, rs East Broad st.
Egan, ]. j., whitaker and Bryan SITS.
Eleopolo, john G., pa Randolph st.
East End Gro. Co., Broughton and East
Broad SITS.
FIathmann. John. 1901 Whitaker st.
Freelong, F., SO Randolph st.
Frost, B. B., Iii Congress st.
Farrell Nj. A., Bay and Lumber SITS.
Fountain, N. A, Bay st Elk. and Angus
ia road.
Fincken, T. A. 1921 Whitaker st.
Gildea. Neil, 100 Broughton st, e.
Gildea, Neil, "a Bull st.
Geffken. H. H., Broughton and Price
SITS.
Green, Geo. j., w. Broad and Mar
garet SITS.
Grimm, A., 1927 Ogeechee road.
Gerken, Fred. 67f Price st.
Drefe, Herman, 1874 w. Broad St
Geffken, Richard, COL Waldburg, cor.
Burroughs st.
Gerken, H. agt., ia Wheaton st.
Grice & Stephens Sims and Prender-
CAST SITS.
Grimm, j. f., ZSz RanuOipn 81.
Golden, Thomas, 625 Bay st, w.
Carney, Nj, 129 Bryan st, W.
Galina, Jos. A, Drayton st. cor. Bay
st lane.
Goodman, B., IS Farm st.
Graham, C. F., Pulaski House.
Gartelman, w. H., Thirty-second and
West Broad SITS.
Hershovitz, D., COL Bay st, w.
Horrigan, Mary Est, Bryan and Hous-
ton SITS.
Hester, Cohen, Congress and Mont
The Savannah morning news., 1904-10-20
NEW ORLEANS FUTURES
DULL AND LOWER.

New Orleans. Oct. 19.-Cotton fu-
lures barely steady; October, $3.50
e7Oc; November, 9.7OG9.71c; December,
9.74@9.75c January, 9.S3Q9S4c; Febru-
airy, 9.94G9.95c; March, 10.0OQ10.01c;
April, 10.O7@1O.OSc; May, 1O.11@1O. 12c.
Spot cotton market opened steady
with a good demand. but closed easy;
sales. $3.50, including $3.50 to arrive.
Quotations unchanged.
Futures opened points lower to 5
points higher than yesterdays closing.
Immediately after the opening the
market was fairly active and prices
advanced a few points. These condi-
tions, however, continued but a short
while, when values eased off under
bear pressure and increasing bear
sentiment based on the heavy senu-
ment and the increasing stocks at in
terror points and seaports as we'll as
the increased crop estimates which
have been put out since the week
opened. The better prices around
the opening were caused by low tenn
peratures in the Texas panhandle ac-
companied by heavy north winds and
much rain in Texas. In the trading De-
cember opened up points at 9.S5c.
sold up to $500 and finally declined to
9.74c. The market closed duh with net
losses of to 10 points.
The Savannah morning news., 1904-10-20
GENERAL MARKETS.

New York, Oct. 19.-Flour, market
firm and nominally higher, with fair
demand
Rye -four. firm.
Buckwheat flour, dull.
Corn meal. firm.
Rye, nominal.
Barley, steady.
Wheat, spot, firm; No. 2 red, $1.2124.
Options opened steady, but immediate
ly advanced over a cent per bushel.
After a reaction, due to profit taking,
the market closed unsettled at K0hc
net advance, May $1.l4s4; December,
$1.1S%.
Corn, spot, firm; No. 2, 5Shc. OPP
ton market was generally firm all day.
the close showing 1a0%c net advance:
May, 51%c; October, 5S1sc; December,
$3.50,
Oats, spot, quiet; mixed. s4@s5hc
Options, nominal.
Beef. quiet.
Cut meats, dull; picked bellies, 90
lie; picked hams, $4,000.
Lard steady: Western steamed.
$40. October closed $40, nominal; re-
fined, quiet; continent, $3.50.
Pork, barely steady; family, 1880
Tallow, easy; city. aye; country, Az
Q4%c.
Rice, steady.
Sugar, raw, steady: fair refining.
SAC; centrifugal SO test. 4hc; molasses
sugar 3kc: refined, quiet.
Coffee, spot Rio, steady; No. in
voice, Siac; mild. quiet. The market
for coffee futures opened steady at an
advance of SOLO points. The close was
steady at unchanged prices to an ad
vance OF points. Sales. $4,000 bags.
Butter, steady unchanged.
Cheese, steady, unchanged.
Eggs. steady unchanged
Potatoes firm; Long Island $3.50
200: state and Western, S1.379L75;
Jersey sweets. s1.25d1.75.
Peanuts dull: fancy handpicked,
SIC; other domestic. 3@6hc
Cabbages steady: per barrel, 50@75c.
Cotton by steam tc Liverpool 15c.
The Savannah morning news., 1904-10-20
ROSINS WENT HIGHER
ON THE COMMON GRADES IN THE
POST MARKET BUSINESS.
GRADE | UP is CENTS.
SPIRITS MARKET REMAINS FIRM
ON FORMER PRICE LEVEL.

Days Receipts of Both Spirits and
ROsin Sold i'm Late Trading-Re-
ceipts of Spirits 700 Casks, and
Shipments 1OO-Receipts of ROSin
1929, and Shipments 3,0S6-Spirits
Higher at London.
The rosin market was again the
more active of the departments of the
naval stores business yesterday. The
market opened firm and unchanged
from the close of the previous day with
the exception of slight advances on
H, and the stiffening of the price of E
to the outside figure of the previous
quotations. Sales Of 1,006 barrels were
reported. The close was firm and
unchanged, and without further sales.
In the afternoon, however, the demand
was pretty good and the receipts gen.
orally went at an advance. of 21a cents
The receipts were 1929 barrels, and the
shipments, 1886. The New York mar
ket was quiet at 81. S71A02. 80.
The spirit market showed no dis
position to rise above the level it has
maintained for the last two weeks.
1t opened firm at 50 cents, with sales
Of 290 casks, and closed firm and I'M
changed with additional sales of 265
casks reported. The receipts were 700
casks, and the shipments. 100. In the
post market trade receipts generally
were cleaned up at the market price.
The New York market was quoted quiet
at 551a cents, and London reported 80,
a slight improvement over the day be-
fore
The Savannah morning news., 1904-10-20
OFFICIAL.
1904. LIQUOR LICENSES. 1904.
THIRD OUARTERIY sTArEMENT

THIRD QUARTERLY STATEMENT.
City of Savannah, Office Clerk of
Council. Savannah, Ga, Oct. 10, 1904
The following alphabetical list of
persons licensed to sell liquor at retail
is published under provision of sec
ton OF tax ordinance for 1904.
]. ROBERT DREAMER,
Clerk of Council
Athos 6: Crambes, East Broad, 2 doors
from Bolton.
Asturets, Joseph. S25 Bay st, e.
Anderson, ]. N, AZ Reynolds st.
Anglen, Thos., 1873 Bryan st, W.
Abel, Chas., Abercorn and Bay st.
Brodman, Geo, sos Taylor st, e.
Brodman, H., 224 Jones st, e.
Bewan, j. A, Bull and Best SITS.
Bernstein, j., % Barnard st.
Brinkman, H. c., 226 st. Julian st, w
Bunger, H. H, 1915 Ogeechee road.
Brodman, o. D., Randolph and Ogle-
thorpe ave.
Hulloch. Geo E., Jones and East
Berentheme, Paul, 16 Barnard st.
Blumfield, A. 147 Farm ST.
herman, NJ. D., 334 Whitaker st.
Beckmann Geo, III Whitaker st.
Britt w. j., 229 East Broad st.
Badenhoop, E. A, 721 Price ST.
Brickman, Chas., SAT Indian ST.
Brinkman, c. j., 401 Broughton st, e.
Badenhoop, ]. H., 52S West Broad st.
Badenhoop, E. G., 1912 Cemetery st.
| Brodman. ]. D., 709 West Broad st.
Bell, N. A, 33n West Broad st.
Brown Bros. Anderson and East Broad
SITS.
Belford & Co, SO1 Congress st. W.
Bouhan. VIM. COL East Broad st.
Blenges. Fred, Duffy and West Broad
SITS.
Beytagh, T. F., 1926 East Broad st.
Bryan, Cad D., 30 Bryan ST, e.
Bookhoop, D., Augusta Road and Fair
st.
Beach &. Jennigan, 316 West Broad st.
Connery, C. p. ITO st. Julian st, w.
Carr, .Tohn, 401 Bay st, e.
Christopher, Geo., 102 West Broad st.
CHRISTOPHER, Geo.. $40 Sims ST.
Carlson, A. Gwinnett and Hartman
Clemens, H. K, Bolton and Burroughs
SITS.
Cooper. Geo.. West Broad and CASTOR
SITS.
Cowart, G. w, 223 Liberty st, W.
Cottingham, John, 2OS Broughton st, W.
Cottingham, John, cor. Drayton and
Broughton SITS.
Champion, H. A, & Co., 426 West
Broad ST.
Captain, G. P. No. Farm st.
Cooley, Thomas, River and West Broad
SITS.
Daily, ]. A., cor. Farm and Mill SITS.
DuloheY & Co., SIT East Broad st.
Dedelong, Piano. 263 Wheaton st.
Donohue, H, 629 River ST.
Davis, L. H, Ala West Broad st.
Doyle, NJ. j., Market Square.
Deignan, Dan'l.. 81 Farm st.
burden, Jessie, 1884 Ogeechee road.
Ducott, Isabella, GAG Bay st, W.
Delmonico Co.. 1856 Bull st.
Eichholz, S., 725 West Broad st.
The Savannah morning news., 1904-10-20
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, good demand;
springers, 40@50c per pair; three-quar-
tiers grown, 60@75c; hens, 90c@$1.0O.
EGGS-Country, 21c; strictly can
died, 22c.
BUTTER-The tone of the market is
firm. Quotations: Extra Elgin, go tubs.
231s@2415c; choice Elgins, 211a@229c;
New York state, zoe; renovated butter,
10-lb. tubs, 201a@21c.
CHEESE-Market firm; fancy full
cream cheese, 22025- pound, 12@12hc;
20 to 35-pound, liz @12Ac.
WHITE PEA BEANS-$2.40 bushel.
POTATOES-$2.2
ONIONS-In sacks, $500.
CABBAGES-$1.50 crate.
TURNIPS-Per sack, $1.50
Breadstuffs, Hay and Grain.
FLOUR-Patent, $3.50; straight,
$625; fancy, $500; family, $3.50; spring,
wheat, best patent, $3.50.
MEAL-Pearl, per barrel, $3.50; per
sack, $1.45; water ground, $1.45; Pearl
grits, per sack, $1.45; Pearl grits, per
barrel, $3.50; city meal. $1.45.
Grain Markets.
The Savannah morning news., 1904-10-20

til later that the boom began. So
many believe in a large crop this year
and there is such a large quantity Of
cotton bought that the present I'M
certain course of prices is not diff
fcult TO understand. But because the
market is disappointing. 1t does not
necessarily mean that the crop is TO-
O0O 900 and we are going to see 5 cent
cotton. At this season of the year
the market is a very uncertain quaint
ity. We can see nothing to change the
opinion that cotton is selling at very
reasonable figure and there will DE
such an ever increasing demand on a
decline that buyers will be able to
get out of purchases at a profit on
reactions
The Savannah morning news., 1904-10-20

The cotton market was a disappoint-
ment yesterday to those who expected
a further improvement in tone and
prices because of the advance with
which all departments had closed the
previous day. The expected cold and
rains in Texas and nearby territory
did not materialize to the extent look
ed for, and the accumulation OF stocks
both at interior points and at the sea
ports also served to add to the depres-
sion. Liverpool closed points high
er, but prices were lower at both New
York and New Orleans from to ~
points.
The local spot market opened quiet
and with prices unchanged from the
close of the previous day. Sales OF
2a2 bales were reported. Tone and
quotations remained unchanged at the
] o'clock call and prices were unchang-
ed at the close though the market was
then quoted dull and easy.
The tone, prices and sales for the day
follow:
The Savannah morning news., 1904-10-20

and fancy Georgias have advanced
from 19619Ac TO 1890. 1t is expected
that sales for the week, which will end
tomorrow, have been very heavy.
Ginners in the interior are complain
ing of a shortage of bagging, and this
is likely to affect receipts in the near
future. Another thing of interest to
the trade is the shortage of the water
supply at the gins; wells have gone
dry and ginners are compelled to haul
water in barrels from creeks and
ponds, in some cases several miles
away.
Spinners are getting their moneys
worth this year, as the cotton is of a
very superior quality. both as to staple
and preparation.
The Savannah morning news., 1904-10-20
IN OTHER MARKETS.

New York, Oct 19.-Rosin, steady.
Turpentine, steady.
Charleston, S. c., Oct. 19.-Turpen-
tine and rosin, nothing doing.
Wilmington, N. c., Oct 19-Turpen-
tine, steady; SIC; receipts, 35 casks.
Rosin, nothing doing; receipts, so
barrels.
Tar, firm; $3.50; receipts, Al barrels.
Crude turpentine, firm; $3.50. $3.50
and $3.50; receipts, 1874 barrels.
New Orleans Oct. 19.-Receipts,
rosin, 1876 barrels; turpentine. 81; ex-
ports, Liverpool turpentine, 22O.
The Savannah morning news., 1904-10-20
LIVERPOOL COTTON MARKET.

Liverpool, Oct. 19.-Spot cotton in
fair demand; prices points higher
American mlddling fair, 5.76d; good
middling. 5.54d: middling. Sad; low
middling. 5.3Od; good ordinary, 5.16d ;
ordinary 5.00d. The sales of the day
We're 1000 bales. of which 300 were for
speculation and export, and included
$500 American. Receipts 10,100, all
American.
Futures opened steady and closed
barely steady American middling.
good ordinary clause, October, 5.32d;
October November, SGD November
December. SGD; December-January,
535d: January February, sad; Feb
ruary- March. 5.3Sd; March April.
5.39d;' April-May, 5.4Od; May-June,
T. Aid
The Savannah morning news., 1904-10-20

Fruits and Nuts.
APPLES-$3.00 to $3.50 barrel.
ANANAS-$175@2.00
GRAPES-Malaga $5.50@600; ia
maica orange, $3.50.
PRUNES-20s to 30s, $13; S0s to 40s,
1Oc; 4Os to sos, Sc; sos to Cos, TIC; Cos
to 7Os, SIC; 7Os to sos, Sc; sos to 90s,
SIC: COS to zoos. 4iac.
PEANUTS-Ample stock, fair de-
mand; market firm; fancy hand-picked
Virginias, &c; N. c. peanuts. SIC; ex
Virginias, &C.
NUTS-Almonds. Terragona, 1419c;
Ivicas. 1215c; walnuts, French, 121ec;
Naples, 141ac; pecans, 10c; Brazils,
91bc; fiIberts. lie; assorted nuts, So
pound and 25-pound boxes, 12c.
Dried and Evnporated Fruits.
APPLES - Evaporated. 7Bc; sun
dried, SIC.
ACKNOWLEDGEMENTS, fancy, 1Sc;
choice, 10Ac.
RAISINS-L L., 3-crown $1S5; s.
crown. $500; 4-crown clusters. $2.75;
loose muscatells, Sc; 1-pound seeded,
1O%c: imperial cabinets. SO per box.
PEACHES--Evapo peeled, Ice;
unpeeled, SIC.
PEARS-Evapor 1910.
CITRON-A. S. drum, 14hc; fancy
Corsician. in 10-pound boxes, 141ac.
CURRANTS-Barrels &c.
Coffee.
The Savannah morning news., 1904-10-20
DRY GOODS.

New York. oct. 19.-Buying Is OF a
more satisfactory character and oper-
ations IA dry goods show more conf
dence In prices, not only for current
delivery. but also for the future. Ger
tain lines are becoming generally
scarce and II IL difficult 20 secure prom
ises OF satisfactory delivery Jobbers
are waiting for cooler weather
The Savannah morning news., 1904-10-20
WARE & LELAND
Say There Is Very Little General
Speculation In Cotton.

Speculation In Cotton.
New York, Oct. 19.-The storm did
not appear in the cotton belt and frost
may not arrive on scheduled time.
At any rate the weather map this MORN
ing was not such as to bring i'm very
much support and prices slipped OF
readily. Trading was moderate, and
there seemed to be cotton for sale OH
every rise. While there was no weak
ness shown by Southern spot mar
kets. there was good deal of
hedge selling IN tn local and
I'm the New Orleans market. As
there are very little general specula-
ton I'm cotton. this selling makes a
pressure that Is constant and very hard
to work against. but while the mar
ket is disappointing, to both the buy
ers. and the sellers. this is not un-
usual for this season Of the year. \
year ago at this time. cotton was
around 81 cents. and II was not un-
The Savannah morning news., 1904-10-20
j. S. BACHE & CO.'S
Daily Cotton Letter to Hayward.
Wick & Co.

Wick & Co.
New York, Oct 19.-In spite of
frost along the northern edge of the
tied weather in the central valley to-
morrow. the cotton market failed to
maintain the advance 1t opened
steady in tone at a decline of 2 to 4
points in response to lower Liverpool
cables. Immediately following the call
there was a pretty good demand
Bulls were disappointed that the
frosts were not more extended, but re-
lied on private advices to be received
later in the day in this connection,
while the bears hesitated, owing to the
outlook for rain in the Mississippi val
ley which is quite as much to be
dreaded as frost. Later, however, and
after an advance of four or five points
over last nights closing the market
weakened under liquidation, selling by
local bears and pressure from spot in
terest, and by the early afternoon was
barely steady at a decline of to Z
points. Private advices from the South
as to the spot situation are as con-
fiicting as ever. 1t is reported that
the better demand noted yesterday
and the steadier tone resulted from
the covering of smaller spot dealers
who had sold to mills and were alarm
ed over the climatic outlook, while it
was also said this demand filled up,
Business this morning was less active
and markets easier 1t is not a market,
however, that we would care to be
short Of
At any decline of moment mills
would buy very freely and spot hold
ers become firmer in their views, thus
limiting a decline under favorable
conditions to a matter of only a few
points. while should the present out
look for unsettled weather materialize
in more or less general rains there is
no telling where the top would be
found. For that reason we continue to
advise a conservatiYely bullish posi-
ton
The Savannah morning news., 1904-10-20
PRICES DIDN'T HOLD
COTTON TRADE FAILED TO KEEP
TONE on PREVIOUS DAY.
COLD WEATHER AND RAINS
DID NOT DAMAGE TEXAS CRoP TO
GREAT EXTENT.

Large Accommodations of stock Mt
Interior Markets and Sea Ports
Also a DeprcsSing Influence on
Prices-BOth American Futures
Markets Closed mt a Loss-LOcaI
Spot cotton Market Maintained
Prices hut Not Tone.
The Savannah morning news., 1904-10-20
VERY ACTIVE DEMAND
IN SEA ISLAND COTTON.

The sea island cotton market since
last Saturday has shown the greatest
amount Of activity Il has yet exhibited
during the present season. The de-
maha Tor supplies has been general
The Savannah morning news., 1904-10-20
AT THE CLOSE.


FUTURES.
Liverpool. = points mp.
New York, to 10 points down.
New Orleans, G to 10 points down
SPOTS.
Liverpool. $ points up.
New York, 10 points down.
New Orleans. unchanged.
savannah. unchanged.
The Savannah morning news., 1904-10-20
CHICAGO MARKETS..

Chicago. Oct, 19.--Rains Northwest
and spread of Hessinn fly damage
Southwest gave encouragement to bull
traders IN wheat to-day. As a result
prices at the close were up over a
cent oats are up nc. Provisions show
an advance OF 2hd10c.