davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
REVIEW OF MARKETS
n GREAT ACTIVITY SHOWN IN
ANY QUARTER
COTTON FUTURES DROPPING.
AIDING IN BOTH SPOTS AND
FUTURES MODERATE.

rae spot Cotton Market Holds Up
well in Face of Futures Declines.
r.ndency of Naval stores Market
Downward - stocks Rally at the
close - Local and TeIegraphic
Markets.
The Morning News Office,
Friday, Feb. Is.
r5e markets were characterized By dull
Sc IN some quarters during the week jus,
osed. Trading in cotton was on mod
er,te scale. While the cotton futures
r,srket showed a declining tendency, brisk
trading was reported on one or two days
which had the effect of checking the de
cnes.
Il is stated that SO far as the crop is
oonesrned the question of it's size is still
involved in doubt, though indications thus
far have rather led to the belief that the
bresu's estimate of 100000 bales will
ha realized. or course, the exception to
me rule applies to this case as in others,
far there are number of persons who
remain firm in the conviction that the
Weld VITA nOl CASGCH SstOV,VVV yates Lu6Ee
are undoubtedly many adherents to the
after view abroad, as foreigners are in
Auenced largely by the movement to ports,
which has diminished sharply of late, but
10 the minds of the majority OF domestic
opera tors this diminution is explained by
the absence of an active trade demand
70 attract cotton to seaboard points, while
the accumuiating stocks at interior towns
serve to convince them that the hghtuess
Of port receipts is not due to a deficiency
in the yield. The fact is somewhat evil
dent, however, that the foreign trade is
expecting the crop to reach maximum fig
mee and any substantial Indications to
the contrary may have favorable effect
abroad.
The tendency of the naval stores market
was downward. The following resume will
show the tone and quotations at the clos
ing to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
LIvERPOOL COTTON MARKEr.

Liverpool. Feb. 15.-Spot, moderate bust
ness; LIED higher; American middling
fair. 13-16d good middling, 17-32d; mid
ding, 1890; low middling, 1920; good
ordinary, 31-32d- ordinary, 2S-32d. The
sales OF the day were 5000 bales, ofwhich 500
were for speculation and export, and in
GUIDED 1890 American; receipts 1000 bales,
all American.
Futures opened quiet but steady and
closed easy; American middling; low mid
ding clause: February, 5.19d, sellers;
February-March. 5.15d, sellers; March
April 5.13d, buyers; April-May, slid,
value; May-June, 5.O905 led buyers; June
July, 5.O7d5. esd, buyers; July-August,
5.Q5d buyers; August-Septembe 1850
4.57d buyers; September 4.56q4 SD, buy
ers; October. g.o.c., 4.34d, value; October
November, I'D, buyers.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
HEsTER.s STATEMENT.
The Movement of Cotton for tn
Week Inst CIohcd.


New Orleans. Feb. 15..-Secretary Hes
ter's weekly New Orleans Cotton Ex-
change statement issued to-day, shows
a decrease in the movement of cottoit
into sight compared with the seven days
ending this date last year, in round fig
ures. 5000. For the 1858 days of the sea-
son that have elapsed, the aggregate Is
ahead of the 1853 days of last year $4,000
bales.
The amount brought into sight during
the past week has been l5S,1lS. against
9i4 74e for the seven days ending this date
last year. and for the 10 days of February.
n has been S2.S16, against 4T.77s last
year. These make the total movement
for the 1858 days Of the season, from Sept.
TO date, 7,S62s3i. against 7,549s9O last
year.
The movement since Sept. ] shows re-
celDtg az al United states ports, 5632 $50
against 5.20i Oh last year, overland across
the Mississippi. Ohio and Potomac rivern
TO Northern mills and Canada. Ss3,Ol5,
against 9g3. 238 last year; interior stocks
In excess Of those held al the close Of
The commercial year, 622 S52, against S29, sii
last year; Southern mill takings, $4,000,
against $500 last year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

eeipts. 77s; gross, 773; sales, 80; stock, T.
i4l
Houston-Steady; middling, 9I4c; net re-
ceipts, 4,42l; gross, APP; sales, 346; stock,
1O5 756.
Louisville-Weekly firm middling, eibc
net receipts, las; gross, las; sales, 90;
stock SCI
Exports of Cotton This Day
Galveston-To the continent. 40
New Orleans-To Great Britain. 300;
continent, 1864; coastwise, 1886.
Mobile-Coastwise AIS.
Observation-Disclosures 494
Wilmington-Coastw g.
Norfolk--Coast wise, 97S
Baltimore-To Great Britain, $500 conti-
nent, 1881
New York-To Great Britain. 1924;
France, 1855; continent. $50.
Boston-To Great Britain, 2257.
Philadelphia-To Great Britain 700.
Total foreign exports from all ports this
day-To Great Britain. 1851; TO France,
80; to the continent. 1926.
Total foreign exports from all ports thus
tar this week-To Great Britain, 1878; 10
France 40; to the continent 35607
Total foreign exports since Sept l. 1900
TO Great Britain, 2,O9S, los; to France,
4So'O24; to the continent, ,542, 702.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
NAVAL STORES.

Frid0N, Feb To-
SPIRITS-The turpentine market
closed firm to-day at 361ac. with sales of
1873 at the opening. The demand was good
at this price and factors had no trouble
in making sales The light receipts tend
to give the market a strong undertone
Receipts to-day 1856, ana exports 1,191
ROSINS-The rosln market closed firm
at a decline of DC on q and below. The
demand was fair. Nothing of particular
interest developed during the week. The
tendency was downward Receipts to-day
3,259, and the exports 14.3l1.
Quotations--At the close of the market
to-day the following quotations were bull
letlned at the Board of Trade:
Spirits Turpentine-Firm 361sc; sales 1873.
Rosln firm: sales, 4jI2.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

of the trade. This decline was due to
realizing orders and the advices received
from the yarns and goods markets, where
the accumulation of stock is pushing for
ward the movement towards short time
among the mills. The movement of the
crop is light at the ports, with the in
sight movement well below that of last
season; but this failed 10 attract new
buyers in the face of conditions which
tend TO prevent an active outside demand
for cotton. New drop deliveries were rel
atlvely stronger than this crop. as hold
ers In some instances were transferring
their cotton from this to the next crop.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
SEA ISLAND COTTON.
COTTON FUTURES.
The Market Closes Barely steady ii
on to 1 Up

on to 1 Up.
New York, Feb. 15-The cotton market
had a severe setback to-day, with near
months the chief sufferers, due TO the
transferring of long interests i'm the pres
ent crop to the new crop and to an almost
total absence of support of any kind SEN
timent, except for a few minutes at the
opening, was bearish, and selling was pop
ular all through the session Gables were
rather better than expected at the open
ing and receipts were far short of gem
eral ideas, causing a steady start, with
prices unchanged to points higher. These
prices proved to be the best figures of the
day. Before the noon hour liquidation,
foreign selling and pressure from several
of the leading bears in March and May
had forced the entire list off seriously.
Bulls were discouraged and finally sold
out in the early afternoon, when the mar
ket had particularly weak spell. There
after trading was active beyond anything
of late, but reflected bear operations al
most exclusively. A few export and spot
houses bought on the downturn and
shorts occasionally turned for profits But
the market in general displayed no re-
Operative energy and at the close was
barely steady, with prices - points lower
to l point higher. the steadiness being
on the remote positions only.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

ferred, 1880; New York Central, A 800;
Northern Pacific II S00 Ontario, 800;
Pennsylvania, 1890: Reading, II 800;
Reading first preferred 2O3O0 Reading
second preferred, 7lOO ST. Louis and San
Francisco 1i800 st. Louis and San Fran
cisco second preferred, 300; st. Paul
1920; Southern Pacific 2l.1OO; Southern
Pacific. 2ll00 Southern Railway, 1l0O0y
Texas and Pacific, ll7CO: Union Pacific,
SS 800; Wabash, $50; Wabash preferred,
5000 Wheeling and Lake Erie. q 900;
Wheeling and Lake Erie second preferred,
l1,JO0; Amalgamated Copper, $780, Amer
lean Smelling. 800; American Smelling
preferred. 5000; American Steel and Wire
$500; American Tobacco, 151,0; Brook
Ign Rapid Transit 1900; Federal Steel,
1890; Federal Steel preferred, 500; Nat
ional Steel. 300; North American. 25, 400 !;
Sugar, $500; Western Union, 300.
New York Stock List
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
FINANCIAL.

MONEY-Money easy.
FOREIGN EXCHANGE Market
steady. Commercial demand, $LS6ls sixty
days, S4S3ss: ninety days, $4821s; francs,
Paris and Havre, sixty days, 5.i9ls; Swiss.
sixty days. $5.227s Belgian. 1921; marks,
sixty days, "a 9-16; ninety days, 81 S-16.
DOMESTIC EXCHANGE - Steady:
banks are buying at 1-16 discount and
selling as follows: S25 and under Toe pre-
MUM; s25 10 $50, 15c premium; $50 to 800,
20c premium; 800 to $500, Doc premium
500 10 81 co., "a. premium; $1,000 and oyer.
Toe per NJ
sECURITIEs-The market IS quiet ana
lower for Central issues.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
Murphy a co.'s stock Letter.

New York. Feb 15.--London furnished
higher range Of prices for American
stocks this morning, and at the opening
Of business foreign houses were moder-
ately buyers in this market. Chiefly in
consequence OF this circumstance the To-
cal market opened higher. with che deal
ings in large volume and showing a gen.
eral distribution of interest Conspicuous
features OF the early dealings were Nor
folk and Western, Delaware and Hudson.
ST. Paul, Western Union and General
Electric. 'rhe industrial quarter was
strong. particularly on the Steel shares.
Federal Steel and American Steel and
Wire were especially strong and active
on the expectations that there would be
some carly announcement of the negotia-
lions for the purpose OF the Carnegie and
the general amalgnmation understood 10
be contemplated. Sugar was dealt In at
about yesterdays tinal level. The local
traction issues were noted active as they
Continued on Eighth Page
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
NEW ORLEANS COTTON FUTURES.
Murphy & Co.'S. Cotton Letter.

New York Feb. 15.--Cotton in Liverpool
advanced 1-16d on spots; sales 5000; bu-
stures opened about S-64d higher and clos
ed 9Ia-64d UP. This market opened some
what higher. but ruled easier during the
forenoon on further liquidations by long
aud some fresh selling for Southern ac-
count probably induced by the poor trade
demand for goods Liverpool cables says
that market acts tired and don't think
bulls strong enough to sustain prices
Port receipts continue moderate. but hav-
ing no influence here Port receipts to-
DAY 1924. against 30.s25 New Orleans ex-
meets tomorrow 5000 TO 1000. against 6.457
last year. and Houston expects $500 to
1900, against 5,3O2
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
DRY Goons.

New York. Feb. l5.-The demand for cot
ton goods has not changed in character
to any extent. Buyers are attending to
immediate requirements and doing little in
excess thereof in cotton goods. Staple
cottons are irregular in favor of buyers
for goods in stock of all descriptions. No
change in prints or ginghams. Linens arc
firm, but quiet. Burlaps also firm, with
light supplies.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

Chi Term. IS 7la do do IS bid .12O5z
Col SO. As .. S. So. Pa. As $50. 9OX
ID. q r. G. As .102k So. Ry. SIS ...116
Erie Gen. r. old. S. s. Rope & 7. IS
Il. w. & d. c. offered -. -. 81
lists 49,. ..... SO T. a. r. lists 11S
Gen Elec. IS 1914 do do ends bid %
Iowa Cen. lists .1i61z I'm. Pa. 4s 80. 1865
L. & N. Uni4s.i0iH Wabash lists ...119
NJ. & O. As .... 90 do ends go. ..1l0ls
Mo-. X. & r. West Shore As .11E
ends =. anna. 70 Wis. Cen. lists S9is
do do As 900. T% Va. Cen bid :. %
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
SQVllD0l BQlk \ Trust CO.
Capital $3.50, 00J.
JosEPH D. NEED. preslaent

JOSEPH D. WEED, President.
JOHN C. ROWLAND Vice President
WM. F. McCAULEY. Cashier.
A general Banking and Exchange bus
mess transacted.
Savings Department interest computed
quarterly.
Accounts of merchants, banks and cor
porations solicited.
American Express Company's letters OF
credit issued available in all parts of the
world
collections carefully made and promptly
accounted for.
safety deposit boxes and storage vaults
for rent
Correspondence invited.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
H. & B. BEER.
Cotton Merchants,
NEW ORLEANS.

Members of: New Orleans Cotton Ex-
change. New York Cotton Exchange, and
Associate Members Liverpool Cotton AS
ISOLATION.
Special attention given TO the execution
of contracts for future delivery in cotton.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

New Orleans, Feb. 15-The course Of
Liverpool up to expectations causing our
market TO open TO 5 points higher, Not
wlthstanding indicatio pointed to a light
weekly movement an underdurrent of
weakness was apparent, accentuated by
private cables from Liverpool reporting
low production and stocks of goods ac-
cumuia ting. This information, coupled to
the depression existing In manufacturers
goods in America and on the continent
occasioned realizing by longs, which ran
prices down to II and IL from the top
Near the close a slight rally took place
making the net loss on the day to s
points on old crop months, and 3 to on
next 1t will be noticed that even though
the weekly amount in sight is $1,000 under
last year the decrease in the total Visi-
Die during the same time was but 5000
under that year, while the increase rela-
lively, as compared with year before last,
was 1900, proving that spinners are TAX
ing less cotton than anticipated. Trade
conditions, ON the whole, are very unsat-
isfadtory, and prices of raw cotton are
high, in comparison to the value received
for manufactured goods, which are ac-
stimulating on the hands OF spinners, just
as cotton is throughout the South. Spec
ulation has brought about such a condi-
ton, but from present indications the
chances are that support from outsiders
has been withdrawn and prices in the flu
ture will be ruled by legitimate factors,
which certainly are not encouraging for
any material enhancement.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
COTTON.

The cotton market closed quiet to-day,
with sales Of 276 on the spot. Sales for
the week were SS4 uplands and 666 sea
Islands, and 90 far this season 81 Psi up
lands and 3O,72s sea island. The spot de-
mand throughout the week was only mod
crate. The offerings in the (. o. b. market
were fair. Prices, f. o. b., to-day, were,
for good middling. 9 s-16c; for fully good,
5-l6c, and for middling. 9lsc. Cotton
futures at New York to-day closed bare
ly steady, 10 points lower to 1 point
higher.
The following were the official spot quo
tatons at the close of the market at the
Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

AHNNVAbtillH at QUIET
'elVeston-Steady; middiing, 9i4c; net
,sceipis' 1885, gross, 4,Sss; sales. 800; stock
new Orleans-Steady: middling 3-16c;
Wv, receipts, 6,i4S; gross, SAB; sales, 1850;
.aooile-Quiet; middhng. 91-16c; net re-
an ,p's' ~ gross. 70; sales, 300; stock 3d.,
., afleston-Nominal; net receipts, 100;
'' T..,' 100; stock. S,s5S.
inning confirm; middling. 9itc net
\pS, 5-S; gross. 500; stock, 1881
chs. 'k-Quiet; ndddling. 9akc; net re-
~ $50 gross, 9ss; sales, 80; stock, 25,-
rsoe ',,'..lNore-Nominal: mlddllng, CSC: net
NJ. 40; gross, 900; stock, l0.2OS
r.coi, lork-Quiet; mlddling, 9ikc; net
ia, " S7J' gross, 1896; sales. s,llO; stock
e.lr,. oa-Dull, middling, s9-16c; net re-
XII III gross. 1896.
fs,..i''o11el phia-Qulet: middlinR. 9stc; net
Dali, - gross, 700; stock, 3.4e4.
Az. movements al Interior towns
.gIb,e ~. quiet; middling. 9ssc: net re-
IN 500 sroFs sOi; sales. 1888; stock,
.-.1t. .,. quiet; middllng. ghc; net re-
hsI s'os'' z't4s' sales, LOO; stock.
rs,,i..'l ils- Quiet; mlddlins. s-i6e: ne,
Cr.l,,' VI sross. 2,zsi; stock. 1850
0uieti middling, csc; net re-
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
RosIn firm. uncnanged.

Resin firm, unchanged.
wilmington. y. c.. Feb. 15.--Spirits tur-
pentine steady, unchanged; receipts, II.
Rosin steady, unchanged; receipts. 200.
Crude turpentine quiet, 81 80. and So 30; re-
ceipts, u. Tar steady. sl.15; receipts, 30.
New Orleans, Feb. 15Receipts: Rosin.
Cos; turpentlne, 81 exports to Liverpool,
rosin, 1909; to Costa Rica, rosln, 10 bar
rels, and 81 sacks
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
WEEKLY MARKET REPORTS.

Comparative statement of net receipts
at all the ports during the week ending
Friday evening, Feb. IS, 1901, and during
the same week last year:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
LUCTUATIoNs IN FUTURES.

New York, Feb. 15.-Cotton futures OPP
ened steady and closed barely steady Is
points lower to point higher Prices as
follows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
senboard Securities.

Baltimore. Feb. 15.-Seaboard common,
12lkq12ss; do preferred, 20. Bonds, ".
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
ARRIVALS OF TRAINS
FROM

Magnificent Pullman buffet sleeping car
service 90 Washington. Baltimore. Phila-
celphia ana New York: also to Jackson
vile and Tampa.
ionig cars from Jacksonville to Hamlet
and Richmond to New York.
Buffet parlor cars Savannah to Mont
gomery.
For additional information apply To
Ticket Office, Bull and Bryan streets.
Phone %.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

New York. Feb. 15.-Before noon to-day
the Improvement Of yesterday had been
lost in the face OF an Improvement in
Liverpool quite equal 10 the anticipation
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
IN Southern
ON Railway

Trains arrive and depart Savannah on
soth meridian time-one hour slower than
city time.
Schedule m effect Dec ., 1900.
TO THE EAST
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16
ESTABLISHED 1872.

HENRY BEER. BERTRAND BEER.
EDGAR II. BRIGHT.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

Board OF Trade Building, Savannah.
FriNate leased wires direct to New
Aork, Chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
New York Office No. 81 Broadway.
orices IN principal cities throughout
the South. Write for our Market Manual
ana book containing instructions for
traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

arrive savannah as AOllONS.
NO, 80 daily from New York and wash
ington, 500 a. M.
NO. ~ daily except Monday, from New
AorK and Washington 1929 a. m
NO. SO daily from New York and Wash
ington, 800 D. m.
All trains arrive aud depart from the
Plant System station.
THROUGH CAR SERVICE, ETC.
trains Nos. 81 and So NEW York and
Florida Limited" Solid train composed
exclusively of Compartment. Observation
ana Drawing room Sleeping Cars between
New York and Savannah Dining cars
serve all meals en- route.
Trains SO and 81 daily, NEW YORK
AND FLORIDA EXPRESS, Vestibuled
limited trains with Pullman drawing
room sleeping cars between Savannah
and New York. Connects at Washington
with Colonial Express for Boston. Pull
man sleeping cars between Charlotte
and Richmond and Charlotte and Nor
folK Dining cars serve all meals be-
tween Savannah and Washington
Trains 81 and Sc daily, THE UNITED
STATES FAST MAIL. Vestibuled lin
Tied trains carrying Pullman drawing
room sleeping cars between Savannah
end New York. Dining cars serve all
meals between Savannah and Washing
ton Also Pullman drawing room Sleep
ing cars between Savannah and Cincin-
natl, through Ashevile and THE Land
OF the Sky"
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

For Information as to rates, schedules,
etc. apply TO
F. S. CANNON, Sd v. p. and G. NJ.
8. II. HARDWICK, G. r. A., washing
ton. d. c.
w. II. TAYLOE. A. G. p. A.. Atlanta.
r. C. BLATTNER, Depot Ticket Agent,
RANT System station. Savannah, Ga.
JAS. FREEMAN. c. p. & I. A., Sa-
vannah, Ga. 141 BGll street Phone $50
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-16

Comparative statement of net receipts
at all the ports from Sept. ], 1900 to Fri
day evening. Feb. Is. 1901, and from Sept.
1, 1883 to Friday Feb 16. 1900.
-, 81, -.
Durango semi-weekly herald., 1901-12-23
WAR ON WOMAN JOURNALISTS.
Men Employed on London Papers Arc
Afraid Of American Writers,

LONDON, Dec. 23.-War has been
declared upon the woman journalists
of London by the male writer's for The
metropolitan daily press, The en-
tire writing staff of men on the Lon
don Chronicle have united in de-
mand upon the proprietors OF that pa
per to reduce the pay of the women
Wrltsrs pne-thFd; Thp demand was
granted and the pay Of the women cut
accordingly.
The movement is spreading. 1t is
said that the men writer's on other
big newspapers are contemplating the
demand for absolute dismissal Of the
women, Many OF the women are
Americans.
Editors have found out that bright
young American women can give ex
cellent service as special writer's, and
their number employed on the daily
press has been steadily increasing
A state of panic seems to have seiz-
ed upon the young and old men sm;
poyed in journalism, and the future
is full of anticipations.
Durango semi-weekly herald., 1901-12-23

The elective system. with no time
limit prescribed for graduation,
seems to be one step in the solution
Of the problem OF how to keep our
young people in the high school. By
giving greater freedom, it allows ex-
preston of individuality, it makes
provision for the pupil of marked abil-
ity and industry, and at the same time
avoids hurrying the pupil who is un-
able to keep pace with others. For
these reasons there are pupils in the
high school who would not otherwise
have entered, and more remain to
complete curriculum and receive
diploma"
| am firmly persuaded that both
theory and experience warrant the
introduction of the free elective sys-
TEN into the high school