davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1901-08-25
In 1he Financial World

reserves of the banks. thus contracting based on cash reserves. The permission under the banking laws to interior banks to count as part of their legal reserves cash resources which are act ually on deposit with New York banks has the effect of converging their an nual demand for currency almost di- rectly upon the cash reserve of the New York clearing house banks. The prospects are that the demand will be heavier than usual this Fall. Govern ment fiscal operations gre making re- quirements upon the mney market sev- eral million dollars in excess of last year. The care with which the Bank of England is conserving its reserves. shown by the maintenance of the bank rate this week indicates that foreign money markets expect deSlands upon them from New York to replenish the drain to the interior of this country About $1.400000 of Australian gold by way of San Francisco found its way to New York bank reserves this week and 2,500. 900 additional now on sea on the Pacific will find the same destina- tion. Bankers profess to have no fear of stringency, in view of these reliev- ing tendencies. but they look for an active money market. Borrowing for speculative purposes is not likely to be encouraged until the full requirements are more definitely outlined.
 Railroad bond market has been mar row and dull. but firm. U. s. bonds were unchanged on the call price of last week.
The Montgomery advertiser., 1901-08-25
New Orleans Spot Cotton.

NEW ORLEANS, Aug. 24-The spot cotton market today was as active as the volume of available supplies of tender the the field for everything in sight of the character indicated. and were by no means backward in agreeing to factors demands for heavy advances in the fig ures. But with all the desire in the world to sweep the market clean. buyers could do but little. The goods are not here for them to get. Some few small lists were available today, and these were quickly taken. to make total record of but 60O bales of spot and 50 bales to arrive. As to the range of prices. the exchange com mittee on quotations reported at the clos ing hour the market firm and advanced the official figures Ac on all grades.
 market for contracts during the short ses- sion today than was shown yesterday, and interest was confined more closely to two or three positions, October, De- cipal attention of operators. But, on the other hand, there was greater degree of originality in the moXement. New Or leans was clearly independent of outside brisk fire of New York buying orders for execution in the local market may have influenced the trend of values. For New York was in this market neck deep and it may safely be stated that good half of the buying movement during the short hours was for account of the metropolis. The local mills. however, were not idle. Vastly enthusiastic over the instant posi- ton. they are taking on new lines of con- siderable magnitude. At the opening were two to four points lower, but all most immediately thereafter began to advance.
 As a net result of the half days trad ing prices In this market closed 35 points above yesterdays values for the current month, 19 points above for October, and IA to Is points above for all other months.
The Montgomery advertiser., 1901-08-25
MARKET FOR FUTURES
OPENING STEADY WITH PRICES
 9 TO 6 POINTS OFF.
Aside from the Foreign News the Influences at Work Were Quite Bullish-Gains Shown
 at the Close.

NEW YORK, Aug. A-The cotton mar ket opened steady at a decline of 9 to 6 points. this being an indifferent response to weak English cables. Aside from the foreign news, influences at work were de- cidedly bullish. The weekly crop weather review of The Chronicle pointed out de- terioration in the crop condition in every section of the belt, stating that Central Texas was beyond help. Too much rain complained of over most of the Central and Eastern belts. This mornings priv ate crop accounts were strikinSly bulhsh, noting continued damage by excessive rains In the Eastern belt and drought over the entire Western section. Southern spot markets were strong and advancing on excited demand from thoroughly alarmed exporters and increasing de- mand from Fall River spinners. A decline of 213 points in Liverpool was expected this morning on our close of yesterday. The final cables reported a net loss of 11a to 51s points, due to realizing and selling for a reaction. Spot cotton, however, was 1-32d higher on fair demand. Selling for short account was checked locally by fear of very bullish weekly government re- port from Washington on next Tuesday Late in the morning heavy general buy ing, led by shorts and the South, sent prices to the high notch of the present bull movement. January sold at 7.90.
 The market closed very steady with the prices net SG11 points higher.
The Montgomery advertiser., 1901-08-25
PALMA AND THE PRESIDENCY,
Letter Suggesting Course for Him
 to Pursue.

Havana, Aug. PA meeting of twen- ty-four notable persons was held today to consider the letter drafted by Juan Gualberto Gomez at the request of the committee appointed to address a communication to Estrada Palma, ask ing for a more specific statement from hi regarding the program he would follow if elected President of the Cuban Republic. The letter says:
 We think the following would be appropriate program in the country's present condition:"
 The follows four clauses dealing with the question of the commercial treaty between the United States and Cuba, which tend to free trade, but at pres ent Cuba needs some income from cus- toms"
 The second clause recommends the building up of a system of local taxa tion and economies in the Government.
 The third clause recommends the payment of the army after a thorough examination of all claims.
 The furth clause, referring to the Platt amendment says: "In making treaty relations with the United States, which treaty is to be respected, the Government should take advantage of any favorable opportunity to influence the United States to reverse the clauses curtalLjng Cuban independence and so- ciety."
 All of the letter was accepted except the last part, which was rejected by a vote of { to 4, though General Maxine Gomez voted for it. It was decided to send the letter to Senor Palma with an account of the doings of the meeting. and to await a reply from him.
The Montgomery advertiser., 1901-08-25
The Financier,s Statement.

NEW YORK, Aug. 24.-The Financier says: Tho cash returns of the New York Associated Banks last week were largely affected by what may be characterized as extraordinary movements not only through suh-treasury operations, but through the interior transfers of money. Early in the week the sub-treasury paid S1. 800, 900 and later $4J0O0O for assay office checks representing Australian and Yu- kon gold, which had been deposited at Pacific Coast assay offices. Disburse- ing to $2O91,O 900 and bond payments were $7S, ,5O1. These various items made to- tai of $4.119501. The extraordinary re- ceipts by the sub-treasury were N,lO,WO, for transfer to the interior, $30,OO to New Orleans and $500, GOO to Chicago. De- duoting these receipts from the disburse- ments as above. leaves $S0SS, 50l.
 It should be noted. however, that the payment for Australian gold probably counted in the bank averages for only four days. while the receipts from the banks for transfers to the interior count ed for but two days of the week. The net ordinary operations of the sub-treasury were owing to the large customs and in- ternal revenue receipts sufficient to coun- terbalance the net extraordinary disburse- mentS as above, causing the banks to lose on sub-treasury accounts S62,o0. The interior movement of money so far as was traceable. resulted in a gain to the banks of sl. 245.ll4 and deducting the loss to the treasury or SlOz,UD as dDONe there was ar apparent gain in the weeks movement of $l, ,OS3, 900.
 Toward the end of the week. however, there was an urgent demand for Phila- delphta funds. which caused the shipment to that city of various amounts of cur renCy variously estimated al from :, SOO- 900 to $3.OOO.0 If either of these sur1s of money was sent to Philadelphia it follows that the apparent gain on tho weeks movements was wiped out. It should be observed however. that the cash sent to Philadelphia will doubtless be promptly when payments shall hdv4 been made for the bonds for which th~ money was required. It appears quite prl nable that the movement of cash to Ph.lade'- phia was really below 'he minimum amount estimated. The loans of the banks were increased by $S,027,0oo, which
The Montgomery advertiser., 1901-08-25
Cotton at the Ports.

GALVESTON-Firm; middling, SA: sales, 1,661; receipts. 36,2Ss; stocks, 27.4lO.
 MOBILE-Nomfnal middling, s1s; re- ceipts l stocks. 5,11. SAVANNAH-Firm; middling, SIS; re- ceipts 176; sales, l. stock, 6,79l.
 CHARLESTON-Firm middling, S1s re- ceipts 3; stocks, 610
 WILMINGTON-Dull; middling, SIS; re- ceipts -; stocks, 2,405.
 NORFOLK-Firm; middling, sSs; sales, 94; receipts 579; stocks 10,32S.
 BALTiMORE-Nomin middling. SSs; stock, 1901.
 BOSTON Steady; middling, sss; re- ceipts net :; gross 395.
 PHILADELPHIA-Fi middling s& stocks 2.459.
 ST. LOUIs-steady; middling 5-l6; sales. 149; receipts. 3S5; stock, 36,s59
 NEW ORLEANS. Aug. 24-Cotton. firm; sales, 65o; ordinary, s-l6c; good gs ordinary, "A; low middlng. 1-16; mid ding, 87s; low middhngs. 9A; middling, fair, 9la; receipts, 490; stocks, 49,OS1.
 Consolidated estimate-Receipts, net. 5, 159; exports, continent, 1893; stock, 254, S66
The Montgomery advertiser., 1901-08-25
New Yor,, Coffee and Sugar.

NEW YORK, Aug. 24.-Sugar, raW, quiet; fair refining, 3 7-16; centrifugal 96 test. 4c; molasses sugar 3-lsc; refined ed: No g. 4 10; No. iO, 435; No. II. 4.3o; No: F. 4.so No 13, 42O; No. IA. APO; standard A and confectioners' A, 5:o5; mold A; 5'Se: g cut loaf and crushed, 5.75; powdered 5.S5; granulated, 525; cubes. $50. Coffee, spot Rio, easy. No. invoice. 54sc mild, quiet; Cordova, s841114c; futures opened steady 5@lO points lower and failed to react. owing to unfavorable news from foreign markets. absence of speculative support and and heavier Brazilian receipts than ex- pected. Trading was fairly active though chiefly of professional charac,, switches of near months to the remote deliveries Closed barely steady. net 5g 10 points lower. Total sales S9GN Sept. 4S5; Oct. 4.9O; Nov 4s5d5.Oe; Juiy' 5'eo.
The Montgomery advertiser., 1901-08-25
ELKS DAY.
The Antlered Tribe of Selma Gets
 Up Against Montgomery.

The Antlered Tribe of Selma Gets
 Up Against Montgomery.
 with . fanfare of trumpets and tinkle of cymbals ahe Selma and Mont gomery Elks hied them to the Ball Park yesterday afternoon.
 A billy gose sxAs tn the hieing process of the eeima people-sad to be the one that they yide in the Central City-and whether 1t was his gsatship. Senator Nunnelee or some of the other INKS deponent, eayeth net--but all the same it rained. Just as the game was call- ed the moistupe began coming down, and in a rema<kably short space of time the ball 6eid resembled a prairse blackland after a r4sn. The two teams played bell all the same-that is they gave as geod an imitation of the National game as possible under the circumstances. On one rnementous oc- casion somebody hit the ball and once somebody caught 1t. The excitement oc- 'casioned by these hair rising incidents was so supreme that everybody forgot to make a note of the trifiing incident as to who caught and who sw:ped the leather. A pair of. the snowshoes that MT. Peary used would have been handy. as after making the circuit of the diamond the tired base runner would have more of the Cloverdale real estate hung on his pedal extremlties than he could have sold in a long time. No one could tell who won the game. When one side had been at bat as long as the umpire thought was meet and right, that autocrat would yell side out"
 Considering the threatenig weather. The crowd was . dattering one. and if the afternoon had been fit the attend hnce would have been tremendous. Banked on both Aides of the field was a tangle of vehicles, while the stands and blea aohers were well flied.
 The wretches responsible for the in- Hiction were:
 selma-Dan Brislin. 2nd base: A. B. Freeman. catcher; Senator Nunnelee, right field: A. l.. Mcleod (Mayor). third base: E. J. Schweizer, pitcher: T. M. Blackburn. first base: y. F. Walters. left fied: I. L. Rosendorf, center field: R. L. Peace. short stop. Substitutes: Hugh Haynes. w. L. Quinn, Lawrence DaughertN H. H. Sternand, A. J. O'Halloran.
 Montgomery-O. H. Lazarus, catcher, Robert Bartlett, pitcher: A. A. McKin- ney, Jr.. first base; Dave Kahn, second base: owen D. Brewer, third base. Til- ford Leak, Jr., short stop: H. Moog, left field; B. Johnson. center field: L.. V. LaTaste, right field.
The Montgomery advertiser., 1901-08-25
Kansas City Live Stock.

KANSAS CITY, Aug. A.-Cattle-Re- Ceipts, 61O natives 15O Texans, and 250 calves. Market nominally unchanged Choice export and dressed beef steers, 5. .5045S0; fair to good, 4.65Q540 stockers and feeders 3OOd4.25 fed western, 44O9 $50: western range steers, S.51d45O; Tex ans and Indians. 2.75Q4.OO: Texas cows, 3.5Oa5O5; canners, 1.5Od2.oO; bulls, 2.35q 425: calves, 20oi.I5.
 Hogs-Rcceipts 1000: steady; heavy, 6 2oH6 25: light, 56Od6,05; pigs, 4.25d5.5$.
 Sheep-Recelpts 132; market steady; lambs 450u5.00. native wethers, 3,25G 36l western wethcrs, 3.10d35o; ewes. 275 M3lO; stockers sheep, 2.0042. 75.
The Montgomery advertiser., 1901-08-25
DEATH OF MRs.W. T. STEPHAN. She Was the Wife of MT. W. T..
 Sheehan of This City.

Eufaula, Aug. 24.-(Special. )-Mrs. W. T aheehan, wife of the City Editor of The Montgomery Journal, died in this city yesterday afternoon. Mrs. Sheehan was Miss Crawford, and mar ried Mf. Sheehan four months ago to- day. She had been i'll six weeks with typhoid fever. The funeral took place this afternOon at 4 o'clock.
 Mrs. Sheehanss family is one of the beEt known and n1pst highly respected in this part'oS the. .Stste. Her husband is most popular in this county, and universal sympathy is extended him.
The Montgomery advertiser., 1901-08-25
New York Spot Cotton.

NEW YORK, Aug A-Cotton, steady; middling, Shs; net receipts. 34l; gross re- ceipts, 346; sales 1.Ss5; stock, IA, ,2S5; to- Continent, 1898; stocks, 254.ss6; Consoli- dated-Net receipts 5,15S; exports to the continent 1893; total since Sept. 1: Net ain. 3,o35,9s9; to France, 72s,S59; to the continent 2613877
The Montgomery advertiser., 1901-08-25

grades sold op the basis of 2A for regu- iars Wide goods l-16c higher. Tone of staple cottons generally steady. Prints and ginghams unaltered Market for cot ton yarns shows no improvement. busi- ness dull and prices irregular with lower cables than a week ago. Worsted yarns firm. Woolen, jute and linen yarns quiet and unchapg0A
The Montgomery advertiser., 1901-08-25
Naval Stores.

SAVANNAH Aug. 24-Turpentine finn, S4: receipts 1.l95; sales l,479; exports 6461 Rosin. firm and unchanged, re- ceipts 4.772; sales 1,S05; exports 6,O93.
 CHARLESTON. Aug. A-Turpentine, nothing doing; quotations omitted. Ros- in. firm, unchanged.
 WILMINGTON, Aug 4-Turpentine. steady, 32laGi S3l4; receipts. S6 Resin. firm, 95q %; rrecSSip%tss lSs sS Crude tU1rpentine, steady, 1.35; receipts 96.
The Montgomery advertiser., 1901-08-25
St. Louis Provisions.

ST. LOUIS, Aug. 24.-Flour unchanged; ; whisky, steady. 1.S0; iron cotton ties, bag ging and hemp twine unchanged; dry salt meats, boxed. higher; extra shorts, S.621a; clear ribs, s.75; clear sides, 300; bacon boxed, higher: extra shorts 9621z; clear ribs 9.15: clear sides. 9.SI12.
The Montgomery advertiser., 1901-08-25
Livernool Cotton Futures.

LIVERPOOL. Aug A.-Cotton futures opened easier and closed quiet; American middlngs I. NJ c. Aug. 44s sellers: Aug 04iO6s; oct Nov 424b; Nov.-Dec. Ass; Dec. Jan. 417a41S; Jan.-Feb 417d41S; Feb March 417G4 1Ss: March-April, Alb.
The Montgomery advertiser., 1901-08-25
New Orleans Cotton Futures.

NEW ORLEANS Aug, 24-Cotton fu- lures, barely steady; Aug. S.S5 bid; Sept. Dec. 7S2d7s4; Jan. 7,S3G7s4; Feb. 7SSq 7S4; March, 7.63QIS5.
The Montgomery advertiser., 1901-08-25

Cash quotations were as follows:
 Flour dull. No. spring wheat 69l2c No 2 red, 7Oihc: No. corn. 55l9c; No. ? yellow. 55lac No ? oats. 3419as5hc; No. white, $7'4d 4sc; No 3 yellow S71sc; mess pork. per bbl, 14.95G 40; lard. per loose. s.25@S45; dry salted shoulders, boxed, 7A@l2c; short clear sides boxed, SsO0S9O; whisky, basis of, high wines I
The Montgomery advertiser., 1901-08-25
Ties--45 lbs, $1.45.
Hides. Wool. Ttc.

Hides-Green salted 5q51so dry flint. lie; dry salted, 9c. Reeswax-24c per pound. Shearing-10@20C each Wool-Clear, unwashed. 15dl6c; clear, washed, 2Ga25cI burry, SG1Oc; bury. washed. lSQ2oc. Jute Bagging-2 lbs. S7sc 124 lbs, S7s 6ss4c.
 Drugs. Camphor- -62I1167lac per pound. Alum-312Q4c per pound. Quinine-3SQ60c per ounce.
The Montgomery advertiser., 1901-08-25
LOCAL WHOLESALE PRICE LIST
Provisions.

corn-White, IS; mixed, 76
 tLIiverpool, $1 sack; Virginia, 65c Michigan, 25O-pound barrels, $1.75.
 Rutter-Jersey. 20d26c; Tennessee coun- Y" "6atsEWhite. Hc; mixed, 4Sc.
 SVrup-Fancy. 40c; reDoiled, S0c.
 Lard --Tierces, 94c. Fiour-Patent. $25 per barrel: straight, S's'G 'Ss'uGgar-Granulated. 5A; Y. C.. 5A; cut loaf 61a!
The Montgomery advertiser., 1901-08-25
struck bY Electric Car.

Huntsville, Aug. 24.-(specisl)-Mrs. ID. v Hook, aged 40. was knocked down by an electric car today and se- riously injured.
The Montgomery advertiser., 1901-08-25
LIABILITIES:
Minister Wilson to Retire.

Minister Wilson to Retire.
 Santiago de Chile. Aug. 24. via Gal. veston:-The rapers here announce that the United States Minister to Chile Henry L. Wilson will soon retire and devote his time to commerce. repre- senttng several American firrns a
The Montgomery advertiser., 1901-08-25
Hardware.

Nails-Cut. s2.eO wire. s2.S5. Axes-$5 5Nd650.
 Parbed Wire-SR. Cotton Cards--S4 50. Hollow Ware-COuntry, Sc. Chain Traces-sSd5 per dog. Bellows -$4 50dlA Arrow Ties--45 lbs, $1.45.
The Montgomery advertiser., 1901-08-25
Chicago Grain and Pro vision.

CHICAGO. H.. Aug. 2i..The leading speculative markets were dull ana feat ureiess. but fairly steady today, Septem- 212aoc improved. Traffic Tn wheat was in small quantities and the situaticn showed no material change the usual duii saturday market was the result. Seq tcmber opened shade to BdAc hishtr. ar 7C4G70l4, and sold to 70c early on the weakness of the foreign list A rec. cry to 703sc followed on profit taking by shorts. Prices fiuctuated the remainder of the session within the range thus es- tsbished and closed steady; September shade higher at 701sc Exporters report ed twelve loads taken Seaboard clear ances were 572,0 900 bushels, while primary receipts aggregated l,@G0W bushels, compared with 1,1l900 bushels last year. Local receipts were l5o cars, Il of con- tract grade; Minneapolis and Duluth re- ported 592 cars, making total for the three points of 742 cars against 4So last week and S07 year ago.
 Corn gave indications of having shak- en out all doubters and insuffciently marginal supporters during the past two k T1e mayee' when of ferings of long corn were observed to be comparatively small. and some or the heavier bull traders, who have been H. quidating. were seen to be starting again to accumulate new loads of long corn There was a fair inquiry for Eastern shipment, and $50 bushels were reported Sofd hecelptS were Ios '"' :: September sold between 55A and 54s ond closed a shade down, at 55c.
 Continued liquidation by September longs caused further decline in Jats, prices early in the ssion, but the selling pressure did not last long. and the n ar ket eventually became steady in syrnpa- thy with corn. The recovery in prices, however. was not material. Septsm5er sold between S4&ai. and 3aA, and closed Ac lower, at 34c. The cash situation Was slow. Receipts were PA cars.
 Provisions were dull but firm. ana made a slight improvement without the aid of the grain markets. This was due | to buying for the outside account The price range was narrow January pork closed 21k@5c higher; January lard 21hc up and January ribs unchanged at 15;o5; S.221s and 7.971a respectively. Estimated receipts Monday: Wheat, 170 Corn, 33O; oats 325 cars; hogs, 90 GOO head.
 The leading futures ranged as follows:
The Montgomery advertiser., 1901-08-25
M.w orleans sugar and Molasses.

NEW ORLEANS. Aug A.-Sugar, quiet; centrifugal yellow. 4d4A; seconds, , I-l6a39sc; molasses, dull; centrifugal. .
The Montgomery advertiser., 1901-08-25
CountJy Products,

Fess-Per doz., 11c
 Chickens-Grown $25OdS per dog. Svrup-Country. 4Od45c per gal. Dried Apples-Peeled, 10c; unpeeled, Evaporated Apples-9c. Lemons-Choice, $5; fancy. S595.25 per box
 Onions-$l.10 bushel.
 Hay-Johnson grass in bales, Si0Q12 per ten. -
 Cheese-Full cream, l2lac; selected l3lsc
The Montgomery advertiser., 1901-08-25
Local Cotton Market.

The local cotton market was firm yes- terday. quotations ranging as followe
 Good middlng .......................... .Sk Strict middling ......................... SIS MiddIinp S Strict low middling ......................7 Low middling .......................
The Montgomery advertiser., 1901-08-25

The fashionable clergyman should pie GAA nnkAEe
The Montgomery advertiser., 1901-08-25
Cincinnati Provisions,

CINCINNATI. O., Aug. 4,-Flour, easy; lard, steady, S371a; bacon, firm. 9. 5O; whisky. steady, on basis of l3o; sugar, steady.
The Montgomery advertiser., 1901-08-25
Nav York Cotton Eutures.

NEW YORK, Aug. 2.-Quotations for cotton futures today were as follows:
 Open High. Low, Close.
The Montgomery advertiser., 1901-08-25

sum may be regarded as fair considering the disposition of bank managers gener- ally to curtaN discounts as much as pos sible in view of the tendency of the de- mand of money for the crop movement. The deposits were augmented $3.52O 400, which very closely correspond with the total of the gain in loans and in cash, hence the statement was harmonious in this respect. The surplus reserve was re- duced by the comparatively small arount of $273.sO0 to $1S,14s10 100. Borrowers need. 1t would seem, to be under no appfehen- sion regarding the supply of money for lenders will seek to convey the impress sion that because the inquiry for crop purposes has apparently actively begun, rates for loanaole funds should rule high CT. On Monday of the current week the treasury will receive $1oO0.o0o per cent. bonds. the delivery of which has been contra cted for, and there will probably be considerable sums of money paid dur ing <he week on assay office checks, rep resenting Yukon gold deposited at San Francisco.
The Montgomery advertiser., 1901-08-25

OLDEST. SAFEST, BEST. Wan St. money will earn big monthly returns. M Tne oldest established in America. No certin- cate holder has ever lost q cent fays ments made to all subscribers every ID funded on demand Write today for par , ticulars. free to any address. C. E. Mac Key X Co.,, Hudson Building, New fofk.
 tu-th-su
The Montgomery advertiser., 1901-08-25
New York Dry Gnods.

NE WORK. Aug. 24.-The print cloth market continues very strong, narrow
The Montgomery advertiser., 1901-08-25
RESOURCES:

Loans and discounts (time). .....s c4s. .457 .O7 Loans and discounts (demand).. 2SS. .154. B O fion1 51'huS "o '.4.'....... 9'.1 ~ 100000 co Other Stocks and Bonds........ 3Oe, ,O16 .25 Ranking House and Fixtures 10000. .00 | Premiums .. ...................... 14,s13.47
 CASH. Due from Banks ... .$256 95s. .31 L. S. Bonds. @4 300 % Cash in Vault......... 260 076 .09 L. s. Treas 6 per
 cent fund) ........ 22.5SO O. 744,OS4 70
 Total . ............. 32.965. .s25 .s2 {
The Montgomery advertiser., 1901-08-25
WoodWare.

Half Bushels-Iron- bound per doz., g. 30 Peck Measures-lron-bound, per doz., Buckets-Two hoops, s2.5O; three hoops, g. 75: brass, red cedar, $6
 Well Buckets-SSO
 Tuts-Painted. in nests, $325 Washboards-s17 7ott2.50.