davidaulloa/AmericanStories huggingface dataset:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30
New York Mining stocks.
Exchange.

There was little demand for foreign exchange,
and the market was dull and barely steady.
Gold engagements, s.. 80. 900.
D. R. Francis. Bro. & Co. report closing rates
Prime sterling. cables 4s99n; checks 4.ss.15@
COMMERCIAL bankers checks 1855 IS. 10: 90 days
4.SS%@:s: 90 days 4S3AGas.
Grain bills 4.ssa1t: cotton bills AZ i-l6: ..,,..
LIES; 60 days 5.171sI1-16db.
Commercial Franch francs. checks 5.l0s;91-1s9
swiss francs. checks 5.1sA91-1sa5.17h: GO days
Bengian francs. checks 5.1sH91-1s65.1sN 60 days
$50.
Bankers r%elchsmarks, cables IS 1876: checks
95es; 60 days 90 Lilo.
Commercial reichsmarks. checks IS 7-169h; so
days 94k@15-16: 80 days 94ts.
Bankers Dutch guilders. checks 40A6I-16: 60
days 40 BIG.
Commercial Dutch %guilders. checks 40 SIG: 60
days 40 1-16.
New York Curb Stocks.
Received daily by G. II. Walker & Co., No. 80
North Fourth street:
Close Bid. Asked.
American Bridge conn............. 81 54k
10. tySA
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30

bar Silver.
New York, ApeiI 0-Baf oliver 40
London. April R.-Bag 0lyM Guist -
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30
FINANCIAL.

peny, St Louis, March SC, 1901: Notice is hereby
oven to ali holders OF bonds and Of interest
coupons thereto belonging. issued by the Peo-
ple'0 Railway Company under date. of May /.
las Commonly known al. second Mortgage e
Rouds''N. and consisting Of IS bonds OF Sl.o1J
each, that, under and by virtue of the -iSht o,
before maturity reserved in SAID
bonds and In the deed OF trust securing payment
Of the same. all OF said bonds. and all interest
then accrued and remaining unpaid thereon; VIII
trust Company, northwest corner OF Fourth and
Lccust streets. in the City Of st. Louis. No. on
and surrender TO said trust company of said
bends and OF all unpaid interest coupons belong
Ing thereto: and that said bonds will cease to
bear interest on and after said last mentioned
date. Peoples Railway Co. by Charles D. NC
lure. President. James Adkins. Secretary.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30

BOND SALES AT NEW YORK.
SPECIAL.
New York, April o9.-Sales Of bonds were made
lere to-day as follows:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30

the Treasury balances in the general fund, ex-
elusive of the si5l.ODe.0 900 gold reserve In the d.
vision OF redemption. shows available cash bal
ance. S15a. 37 1876; gold $6.k46.1A
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30
New York Stock auotation..

st. Louis. Monday. April 90. 1901.
The following shows the opening. highest. low
est and closing quotations on the New York
Stock Exchange to-day. Corrected daily for The
Republic by. D.. r. Francis. Bro. & Co., bonds
and stocks. pa North Fourth street:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30

for which Negotiations had been pending. has
been postp9ded until the autumn.
Treasury statement.
waship On. April a.-To-day's statement 4
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30
Bonds.

New York. April 29;-Government bonds strong;
United States refunding 2s. registered .......l06Ss
United States refundins Is. coupon -.......-loSs
United States IS.
I-nitaS States IS. coupon
United States new IS. registered ............l3siia
United States new As. caupon ...............139t,
United states old 4s registered ...113a
United States old As. coupon ............1131e
United States SIS. registered
United States So, couron HE
District of Columbia
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15

market that we have known anything
about. That Clinton will be hereafter a
permanent and reliable tobacco market
is an assured fact and our farmers, who
have been in doubt along this line, should
no longer hesitate but prepare at once to
put in a crop of the weed next year. One
idea that our farmers should get into
their head is, that the safest course for
them is, not to rely entirely on cotton,
but plant different crops, (not too much
of any being sure first, to make hog and
hominy, and then go In for the money
crops. Our observation has been this
year that those who made successful
tobacco crop are about the only ones
who are able to come square with the
world, and lots of those who put all their
trust in cotton to pay out, have still
fertilizer debt against them, besides
owing for supplies, etc, and could not
pay, if they were sold out, root and
branch. Messrs. Sellars G Hill, two of our
tobacco buyers, have bought a large farm
here, and will put in a big crop of to-
bacco, which will be big stimulus to the
Clinton market, for it will be to their
own interest to exert themselves to push
this market to the top notch. Mr.. Will
son, the warehouse proprietor, is a live,
practical and experienced tobacconist.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
50 to So per cent. of an average crop.

so to So per cent. of an average crop.
4. From Is to 20 per cent. less.
5. From 40 to 80 per cent higher, ac-
cording to grades.
6. While most markets lost largely last
year in consequence of our local manufac-
turers our market held it's own, regard
less of the short crop. Our sales will be
less than six and a half millions this
year.
Z. Less profitable.
s. No, as to the culture, considering the
scarcity and the advance in labor and all
OUTLAWS necessary to produce it.
Mr. Charles o. Mitchell, of Madison,
after inquiries, writes as follows:
/. Fully as much as last year.
2. Common, below the average. yet
rather sweet.
3. $50 pounds per acre.
4. Twenty per cent less than last year.
5: Common grades worth double what
they were last year. while medium and
good grades range from % to 80 per cent
advance.
6. (a) 100000; (b) 100000; (c) 900 ,OOO
(d) 600 900.
Z. The culture of tobacco, owing to the
great advance in price this year is good
as compared to ten years ago, but 40 per
cent off compared with 1889, before organ
ization of American Tobacco Company.
Manufacturing less profitable
8. AS to culture more profitable. but
as to manufacturing, can't say
letter from Wentworth says:
1. One-fifth less.
2. Not up to standard.
3. 300 pounds.
a. 80 per cent.
5. 40 per cent higher.
T. Less.
8. Yes.
Mr.. Manton oliver, of Reidsvile, after
investigating the conditions in his county,
writes:
1. About 95 per cent.
q Plug and smoking.
g. About $50 pounls, or 65 per cent of
average crop.
4. About IS per cent.
7. Not quite.
8. Yes.
The great bulk of tobacco raised in this
section is somewhat inferior. The prices
paid are much higher than for many
years, in fact the most inferior grades
were never so high as they are now. The
general average is excellent. The sales
on this market since the commencement
of the fiscal year, October LIST, are much
larger than on any previous year. To-
bacco is coming to Reidsville from sec
lions in North Carolina and Virginia that
has heretofore been going to other mar
kets. The market was never so buoyant
as it is now. The supply is not equal to
the demand. The general trend of prices
is upward
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
WAYNE COUNTY.

Mr.. G. j. Rivenbark of Goldsboro,
there and the conditions in Wayne coun-
ty:
Nothing is so helpful to a town as
a diversified interest. 1t is just this
condition here that gives Goldsboro
progressive impetus not realized by some
of her sister towns and makes Goldshoro
the best known town on the map of pro-
gressive cities. 1t is known fact that
Goldsboro products reach the market
world from the pine forests of Maine to
the sand bleached Gulf shores and, from
the storm dashed coast off Hatteras to
the golden belt of the Pacific slope.
Among her varied industries there is
one, but an infant yet, though bidding
in promise as climatic and other adj
vantages are duly considered. / refer to
the tobacco industry 1t is comparative
ly new one with our people, especially,
when regarded from a market standpoint
Previous to the year 1895 tobacco sale in
our city was not a probability but with
the coming of that year there came
among us young man, hailing from the
town made famous by Buck Blackwell
and his American Bull tobacco, by the
name of Frank Chamberlain who, in
spired by the success of the industry in
other communities, and the adaptability
of our soil and the advantages of Colds
boro as distributing point infused a
number of our people with his ideas and
energy with the result that a stock COM
pany was formed and the erection of the
Goldsboro. now the Banner warehouse,
was a reality and thus the Goldsboro to-
bacco market was established with
some three-fourths of a million pounds
of the bright leaf being marketed here
that season. Encouraged by this and
cognizant of the advantages OF addition
al warehouses and the need of prize
houses, when the season of the following
year, 1896, flew in on times swift wing,
the Farmers Warehouse and two large
prize houses have been built. The sales
for this season reached one million, five
hundred thousand pounds and witnessed
the erection of an additional prize house.
| The Pritchard and Winstead, whose ca
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15

pacity was greatly increased In the year
1900 by doubling the size of the building
and the plant equipped with all modern
improvements for re-drying. That year
the sales reached two million pounds. In
the year following, 1898. The Planters
Warehouse was built. BY this Goldsporo
was being talked at the fresides OF the
tobacco growers Of Wayne and adjoining
counties, and when the season closed
three million pounds of tobacco was the
record In the year 1899 the sales were
three and a half million pounds, followed
in 1900 by a record of three million
pounds and in the year 1901 three million
pounds This last demonstrates the fact
that our market influence was more far
reaching, being a short crop year, and
our warehousemen drew from the coun-
ties of Wayne, Lenoir, Greene, Wilson.
Johnson, Sampson and Duplin. The soil
of these several counties are admirably
adopted to the growth of tobacco and is
an inviting field for men who are thor
oughly familiar with every detail in the
growth and culture of the weed. The leaf
produced is bright and desirable as smok-
crs, cutters and wrappers and finds ready
sale among the manufacturers of the
world. The location of Goldsboro as
tobacco distributing point is equalled by
no eastern town. Indeed a large guam
tity of the crop grown and marketed in
Eastern Carolina must need passed
through Goldsboro as it goes to it's sew
eral points of destination, Goldsboro be-
ing a natural gateway with it's several
railroads reaching out in every direction.
The Planters Warehouse is operated
No Ixr
Edmundson and Williams; the Banner by
Pruden, Neal and Company, all of whom
are experienced tobacco and warehouse
men, lending at all time the best en-
deavor to promote the interest of the
| town as Tobacco market and encouraging
| in every way the growth of the staple.
Among the buyers regularly on the
market are: Pritchard and Winston, Mr..
Watson, representing The American To-
| baco Company, and Faulkner and
| Thomas.
The crop is light this year, butthe prices
| realized has been very satisfactory. The
| tobacco crop being a money crop needs
! to be encouraged and it behooves our
| business men to join hands with the to-
bacco men and with strong pull, place
| Goldsboro in the front ranks among the
| tobacco markets of the State. This is but
her climatic and geographical due.
Mr.. G. j. Rivenbark in giving the fol-
lowing estimates says: The following
is arrived at in conference with Messrs. j.
! l.. Faulkner, S. w. Draper w. p Law
renee and c. S. Matlock, of the Goldsboro
Tobacco Trade They hold that the ac
reage next season will be larger, and
that the soil in this section is specially
adapted to the growth of tobacco.
| 1. Is per cent less.
| 2. Bright, suitable for smokers, cutters
| and wrappers.
g. $50 pounds average.
4. 33 1-3 per cent less.
s. SO 1-3 per cent higher.
6. (a) 100000; (b) 100000; (c) $780,
o0O;; Cd 100000.
| z. Less.
| 8. Yes.
Mr. George S. Prichard, President of
the Tobacco Board Of Trade of Colds
] boro, answers as follows:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
WARREN COUNTY,

Mr.. w. A. Burwell, of the firm of Rog-
ers and Burwell, proprietors of the Ar
rington Warehouse, of WarrentOn, ana the
Secretary of the Warrenton Tobacco AS
ISOLATION, writes of the market there as
follows:
There is no way of getting at the guam
tity Of tobacco sold on our market each
year.
There are two large warehouses here,
Mr.. w. B. Boyd is one and Rogers and
Brown of the other. We have eight or
nine good prize houses, some of them
very large. Not only are the American
and Continental Tobacco COMPANIES rep
resented here, but most of the larger IN
dependent manufacturers have their buy
ers on this market
Prices are higher than for years. We
nave recently had a few SALES break av-
eraged over $4,000 per 100 pounds
One farmer sold recently On our market
between y and $4,000 pounds of tobao co,
which Melted him over $50.
The crop in this section will nor he over
40 to 80 per cent. of what it usually is.
Mr. ]. Fl. Kerr of Warrenton. gives the
following estimate as to Warren county:
l. Increase of 10 per cent.
2. Bright tobacco.
g. 400 pounds to 500.
(production.)
5. Fifty per cent to 60 per cent higher.
T. 1,25o'oOO; 100000 2,5OO.Q6O.
Z. Just now it is.
8. Yes. lis
Mr. W. B. Boyd, of Waryenton. writes:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15

l. The acreage in tobacco this year as
compared to last year is So per cent
The acreage in tobacco this year as COM
pared to 1899 is 40 per cent.
2 Inferior crop grown this year.
3. $50 pounds per acre.
L. Seventy per cent.
5. Prices so per cent higher.
6. No accurate statistics obtainable.
Z. Tobacco production is less profit
able than ten years ago.
s. Yes.
Mr.. VIM. j. White after investigation
reports condition in the Warrenton
market as follows
l. About rs per cent.
g Bright.
g. About $50 pounds.
a. About so per cent less.
s. so per cent higher
g. Considerably more than to same
date in 1900.
Z. Much less.
s.. Decidedly so, if an average crop
had been made, but The decrease in acre
age, and the small quantity made i'll
pounds per acre less ems the profit ma
terially.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
VANCE COUNTY.

Mr.. c. S. Bobbitt, of Henderson, says
1. I suppose one half
2 Very poor.
g. About 300 pounds.
4. Better than 1900.
5. Double.
Z. Tobacco culture less roiitdble; I
cannot say as to manufacturing.
s. More.
Mr.. C. L. Blacknall, o. Kittrell, Whites
as follows:
t. About sixty per cont
2 Bright wrapper filler and cutter Low
prices have so materially reduced tobac-
to acreage in this section that very little
is'>now grown Quality very poor this
year.
8. About 400 pounds, the wet weather
making a light weight tobacco.
t. Last years crop was 40 per cent.
greater acreage and the yield per acre
last year about 20 per cent greater than
this year
5. From about 100 to 500 per cent.
higher.
Z. Less.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
WAKE COUNTY.

Mr.. Joseph e. Pogue, of Raleigh,
Secretary of the State Fair Association,
has the following to say of the tobacco
crop Of Wake:
]. About 10 per cent less.
2 Bright, but good character.
3 Average about $50 pounds
A. Average about So per cent short.
D. Average about So per cent advance
o. None, one-half million pounds, $50
thousand pounds, one million pounds.
T. Culture is more profitable, manu-
featuring is too much absorbed by trusts
for small factories to be profitable.
8. Culture is
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
NORTH CAROLINA
CUTTON CROP
Continued from Page Tenn
PITT COUNTY.

=
Mr.. J. N. German, prominently connect
ed with the tobacco market at Greenville
says:
1. About 10 per cent. increase.
2Thin brights, mostly for cigarettes,
smoking and cutting leaf.
g. 600 pounds.
4. About 80 per cent. light
5. Very much higher up to $25.
g. (a) 100000. (b) 100000. (c) 49,
100000. ID 100000.
Z. 1t is more profitable.
8. Yes.
Mr.. J. ]. Laughinghouse, of Greenville,
says:
1. 100.
2. Bright fiue cured tobacco.
g. $50 pounds.
4. Is per cent.
g. 100 per cent.
g. (a) s,OO0,O (b) 10, SOC. 0OO (c) g.
100000. (d) 100000.
Z. No.
g. Yes; prices are, since October 18th,
30 to 40 per cent. higher than for six or
seven years on all common and medium
grades.
Mr.. o. L. Joyner, proprietor of the
Farmers Warehouse, of Greenvilla, says:
Greenville in 1891 was 100000, in 1892,
100000; in 1893, 1920, 900: in 1894, 3,OOO,-
900; in 1895, $500. 900; in 1896 7,OoO,O00 in
1897. 100000; in 1895, 100000 in 1899,
100000; in 1900, $500, 900.
Mr.. A. G. Cox, of the A. G. Cox Manu-
featuring Company, of Winterville, says:
l. About the same.
q The quality is better.
3. The weight per acre is much less
than last year; where 900 pounds were
made one year. GOO pounds now.
4. About &C 2-3 per cent.
5. Almost double.
s. have no information.
Z. Less.
s. Yes.
letter from Farmville, Pitt county.
says:
L. A slight increase, perhaps per cent
q Fairly good.
s. 600 pounds.
A. 20 per cent. of last years crop.
S. 25 per cent. higher than last year.
6. No market here.
Z. We think it rather more profitable.
g. Abaut the same.
A letter from Grifton, Pitt county, says:
/. Eighty per cent.
2. Bright type of leaf.
3. 500 pounds.
A. Sixty per cent.
4. 100 per cent.
g. Market not open this year.
Z. About the same.
s. Yes.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
SAMPSON COUNTY.

The Democrat, of Clinton, Sampson
county, has the following editorial rel
ative to the Clinton tobacco market. and
the condition of the crop in that sec
ton:
The tobacco in this section is about all
marketed, though some is still coming in.
and good prices have prevailed through
out, and so far as We have SEEN planters
have been satisfied, as a rule. Some, OF
course, have expected more for it, which
is always the case, and is true of every
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
ROCKINGHAM COUNTY.

Messrs. Watt Bros, OF Reidsville, say:
/. About the same.
2. Under favorable conditions, the most
desirable misunderstanding and smoking
grown in the world, being in the finest
portion OF the Piedmont section. This
years crop while sweet, is an inferior
one.
g. We estimate this crop to weigh from
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-12-15
STOKES COUNTY.

Mr.. Walter w. King, of Danbury, gives
the following information from Stokes
county:
/. About the same.
2. Bright wrappers and filters
3. About $50 pounds.
4. About one-half
5. A little higher at present on account
of shortage in crop, but not much been
marketed yet.
g. Our crop is sold in Winston, Mt. Airy,
Greensboro and other markets.
Z. 1t has been growing less profitable
each succeeding year. The American To-
bacco Company seems to want pounds
and not quality Low grades are selling
very WELL but good tobacco is far below
former prices.
8. Although prices appear to be higher
this year, the whole crop viii nos bring
in as much money as last year, at least
no more.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-05-10
THE STOCK MARKET
AT A STANDSTILL.
LITTLE OR NOTHING DOING IN
LOCAL STOCKS AND BONDS.
There Was No Disposition Shown
to Trade, and Prices Gener-
ally Were Of.
MORNING

Yesterdays morning session Of tho local
Stock Exchange was n dead one. II ever
there was one. Brokers were in smaller
attendance. and the few present seemed TO
be afraid to open their mouths. Not a
trade was made. and only seven bids were
recorded. as compared with twelve selling
offers. Many Of the quotations were made
by one broker. and they were almost ex-
ciusively on the selling side. and at sharply
lower prices than have ruled of late. This
condition.. Of course. WAS duo to the
panicky state of affairs at New York..
which affected the local market to the ex-
tent that brokers were not inclined to trade
until after things became more settled.
There were only a few quotations made
yesterday. and the majority Of them were
offers to- sell. very few bids being made.
There was an offer to sell United Railways
at S18, but no bids. and Transit, or COM
mon. was quoted at $3.50 bid. and $3.50
asked. This is a drop Of / full point in
the bid price, and Of " point in the ask
ing price.
The market for both bank and trust
stocks was dead dull, and consequently
lower. Everything that was quoted showed
weakness. meeting with no support at all.
The best bid for Mercantile Trust was only
S5lo.og, winch was B. points lower than 1t
closed bid the day before. Lincoln. was 8
points Off at $50 bid and $233 asked. Title
and Guaranty had @ bid Of SIS and was Of
fered at S16o, Commonwealth was $685. 50
sellers. and Mississippi Valley was $3.50
sellers. or 2 points lower for the day.
Very little interest was taken in local
bank stocks yesterday. and. like all other
securities. the few quotations made were
nominally lower. National Bank Of Com
merce was 8 points off at $3.50 bid and $3.50
asked. Continental National was I'M
changed at S17.5O asked. Third National
was offered at $40, but the best bid drawn
out was only $40. and State National had a
seller at ISL.
There was no afternoon session Of the
Stock Exchange. the brokers deciding to
adjourn over until Friday morning. owing
to the panic In the New York Stock market.