davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1901-08-25
MONEY MARKET

New York, Aug. 24-Money on call
steady at 2h per cent; prime mercan-
tile paper, 41s@5 per cent. Sterling ex-
change, nominal, with actual business
in bankers bills at s4S7 for demand
and at $4.S4h@4.S45s for sixty days;
posted rates, SASSY and $4.Ss; CONNER
cial bills. $4.S3% @4S4A. Bar silver.
5SAc; Mexican dollars, 4512c. State
bonds inactive; railroad bonds strong;
government bonds steady.
New York, Aug. 24-The state of the
Associated Banks for the week ending
to-day shows:
Loans, 1887 1881, 400, increased $3.027,-
100; deposits, $96S, 149, 500, increase 49,
$40, 400; circulation, SOS, 207, 800, deceased
$31, 400; legal tenders, $77,25S,900, de-
crease 200; specie. $1S2,926, 900, in
crease 81 ,215, 500; reserves $3.50. 1S5,500, in
crease $606, 300; reserved required, $2i2,-
037, 400, increase $SS0,100; surplus, $1S,-
14S, 100, decrease S273, 800.
Baltimore. Aug. 24.-Seaboard COM
mon, 2Sss @2Sh; Seaboard preferred,
50H@51; do bonds, As, S3a4 @S4.
The Savannah morning news., 1901-08-25

A natural reaction occurred in Liv-
erpool, from the short advance of yes
terday, with but little effect upon the
American markets at their opening. 1t
was seen at once that there were few
sellers and advices to that effect were
quickly sent out, bringing in buying
orders under which the market closed
at the best prices yet recorded on the
advance
Inc outlook is very strong, as the re-
cent rains in the eastern district have
checked the opening of the crop, which
is a very late one. 1t is expected to
give very light receipts during Septem-
Der, no matter what the crop may be
in the end with this factor, and the dam
age to the Texas crop the trade be-
lleves substantial advance is in pros
pect, especially as the Liverpool mar
ket is probably more strongly held on
the nearby positions than has been I'M
derstood on this side. With this out
look sellers are few and buyers many
The spot market was steady, 40 adj
vance; sales for CONSUMPTION.
The Savannah morning news., 1901-08-25
NEW ORLEANS COTTON MARKET.
New Orleans, Aug. "a
lures barely steady.
Murphy a. Co.'s Cotton Letter.

New York, Aug. 24.-The Chronicle
report for the week again attracted at
tention and was regarded as quite poor,
but not more so than the trade mad
expected. The poor showing had evil
IDENTIFY been anticipated at Liverpool,
for that market was sos points lower,
whereas a serious decline was looked
for. Manipulation undoubtedly had
much to do with the lower foreign
trend of futures, as the English trade
is beginning to appreciate the signifi-
canoe of poor crop accounts in view
of the necessity OF their early liberal
purchases, as shown by the strength
of spot cotton at Liverpool and else
where. New York failed to respond to
the unsatisfactory cables, and after a
momentary wavering displayed steadi-
ness, and general reluctance to be
caught on the short side, in view of
the poor character of the crop. More
inquiry than for some time is reported
by commission firms everywhere, and
the prevailing prices are regarded as
utterly inconsistent with crop prospects
and trade necessities. Prices advanced
above yesterdays closing figures after
the opening, and the bullish temper
was being recovered, especially when
a shipment of 1900 from a South Car
DINA mill to Liverpool had been made.
The condition in various sections of
Texas compared with last year is as
follows: Austin, so per cent; Abiline,
so per cent; Bolton, 20 per cent; Brown
wood, 81 per cent; Fort Worth, 20 per
cent; Hillsboro, 20 per cent. Estimates
from Central Texas, 40 per cent. off, as
a whole, and North Texas, 10 per cent.
off. South and Southwest Texas, fair,
but very spotted and fully Is per cent.
off. The only portion of the state in
ham. Maximum crop of 10, 250,0 900 is re-
garded as very full at the present time.
Post receipts to-day promised to reach
5000 bales, against 2,200 last year.
The Savannah morning news., 1901-08-25
STOCKS AND BONDS.
The Market Holds Up on Well Dis
tributed Strength.

New York, Aug. 24.-The customary
tendency to take profits at the close of
a week of rising prices was offset to-
day by the buying attracted by the
highly favorable character of the week.
ly reviews of commercial conditions by
the mercantile agencies and by the set
Element of the Franco Turkish trouble.
The London market was closed for
holiday to-day, so that the demand
for American securities induced by the
later development came directly upon
the New York market. There was
some proflt-taking before the appear
ance of the bank statement and again
sin the final dealings, but the profess
SIGNALS found little difficulty in sup
porting prices and held the market
pretty steady and near the top until
the close. The public still holds back,
but evidently the hope is entertained
that Monday morning will bring more
outsiders into the market, attracted by
yesterdays greater activity and
strength and it's persistence day. The
bank statement was about as expected
in the cash item, except that the sup
posed special shipments to Philadel-
phia were not disclosed. The moderate
loan expansion was attributed to the
stirring by pools in the stock market
which has developed during the week.
The leaders to-day were Atchison, Erie,
the Paciflcs, Amalgamated Copper and
Sugar, about in the order named. The
strength was we'll distributed but
some of the recent strong stocks hung
back somewhat, especially the Penn
sylvania group, the Wabash. st. Paul
and Southern roads. The United States
Steel stocks were quiet, but the pre-
ferred rose point in the late dealings
The railroad bond market has been
narrow and dull, but firm. United
States bonds were unchanged on the
call prices of last week.
Sales of stocks to-day were 436. 400
shares, including Atchison, $4,000; do
preferred, $500; Colorado Southern
first preferred, 5000; Erie, $780,; do
first preferred, 1900; Louisville and
Nashville, 1900; Missouri Pacific, 1000;
Norfolk and Western, $500; Pennsyl-
vania, 1890; Reading. 1880; St Paul,
1880; Southern Pacific, &c, 100; South
ern Railway, 14,600; Union Pacific, 49,
7O0 Wabash preferred, $500; Copper,
45,600; Brooklyn Rapid Transit, $500;
Peoples Gas, 1900; Sugar. $500; United
States Steel, $4,000; do preferred, 11,00o.
New York stock and Bond List.
The Savannah morning news., 1901-08-25
TRADE AND FINANCE
.RILL MOVEMENT IN COTTON CAR
RIEs FUTURES UPWARD.
NEW ORLEANS 1919 HIGHER.
RAD CROP NEWS AND BETTER DE-
MAND THE CAUSES.

speculative Sentiment the Impetus
Behind the Upward Movement.
Trading at the Spot Centers Limit
ed-Turpentine NC Higher-Rosins
Firm and Unchanged-LocaI and
TeIegraphic Markets.
The Morning News Office,
Saturday, Aug. "a.
Renewed strength was apparent in
the bull movement behind the cotton
markets, which has so far carried
prices up nearly cent. Trading OPEN
cd to-day with values showing a slight
din both at New York and New Or
leans in response to a drop in Liver
uool on the heavy realizing reported
over there. But it took but moment
TO offset this check, after which prices
resumed their upward trend with the
closing at both the leading markets.
showing substantial gains over yester-
day. The bull movement has assumed
proportions which puts the market be-
yond the province of ordinary analysis
on the legitimate laws of supply and
deInduu, anu lcdNSS Tic cAludtlOA W
move with the trend of speculative SEN
timent.
Reports from the crop centers are of
O positive bullish character, and such
as will fan the flames of bullish senti-
ment whether they are correct or in
correct The Chronicles resume of
conditions was unfavorable as to near
ly every section of the crop country,
and particularly was this so in Texas,
where the damage from drought and
poor stands was such as to indicate
material curtailment in the yield. Add
ed to these accounts is a better de-
mand from spinners, and decidedly
f1rmer tone in the leading spot mar
kets. The buoyancy of the past few
days has apparently convinced COM
mission men generally that higher
prices are to obtain, and they are ad-
vising their customers to buy on all
recessions. New York futures closed
very steady with prices net IL points
higher. New Orleans closed II from
the top. with a net gain of 1903
points.
The Savannah spot market closed
firm and unchanged, with the demand
moderate. Trading was also very lin
tied in the fob. branch.
The turpentine market closed firm at
Sac, an advance of nc above yesterday.
The demand was satisfactory from all
sources. Resins closed firm and I'M
changed. The wholesale markets closed
steady and mainly unchanged. The
following resume of the markets will
show their tone and quotations at the
closing to-day:
The Savannah morning news., 1901-08-25
NAVAL STORES.
Saturday. Aug. "a.

Saturday, Aug. "a.
SPlRlTS-The turpentine market
manifested additional strength to-day
by an advance of Nc, with the closing
firm and feeling favorable for further
improvement. The opening was firm,
at 3S%c, with sales of 493 and the clos
ing firm, at SAC, with sales of 1856. Re-
ceipts, 1875 and the exports 6,467.
ROSINS-The rosin market closed
firm and unchanged from yesterdays
prices. Opening sales, 1906. Fac
tors reported a satisfactory de-
mand for the offerings in
their hands. The usual early closing
stopped trading at o'clock. Receipts,
4,772, and the exports 6,O93. Prices as
follows:
The Savannah morning news., 1901-08-25
DRY GOODS.

New York, Aug. 24.-The print cloth
market continues very strong. morrow
goods sold on the basis of 25sc for reg
ulars. Wide goods sixteenth higher,
TCne of staple cottons generally steady
frints and ginghams unaltered. Mar
iet for cotton yarns shows no i'm
rrcYement, business dull and prices
irregular with lower sales than week
aS). Worsted yarns firm. Wooden,
JIte and linen yarns quiet and un.
changed.
The Savannah morning news., 1901-08-25
MISCELLANEOUS MARKETS.

Note-These quotations are revised
daily and are kept as near as possible
in accord with the prevailing whole
sale prices. Official quotations are not
used when they disagree with the
prices wholesalers ask.
POULTRY-Hens. 70@S0c; roosters,
soc; ducks, 65970c.
EGGS-Fresh country, 1Sc.
BUTTER-The tone OF the market is
firm. Quotations. Cooking, lie; New
York, state dairy, 19c; extra Elgins,
232c.
CHEESE-Market firm; fancy, full
cream cheese, 12hc for 20 to 22-pound
average, 2S to 30-pound averages, 12c.
Early Vegetables.
PoTAToEs-s425@45o; No. 2. $500
per barrel.
ONIONS - Native. barrels, $500;
crates, S1.00.
Breadstuffs, hay and Grain.
FLOUR-Market steady; patent,
s4.25; straight. $3.50; fancy, $3.50; fam
lily, $40; spring wheat, best patent,
475.
MEAL.--Pearl. per barrel. SO. IS; per
sack, 3i75 city meal, per sack, bolted.
$1.65: water ground. $40: city grits.
sacks, s1.7o; pearl grits, Hudnuts, per
The Savannah morning news., 1901-08-25
SEA ISLAND COTTON.
Week ending Aug. %.
COTTON FUTURES.

Market Closes Very steady
with Prices Net IL Points Higher.
New York. Aug. 24.-The cotton mar
net opened steady at decline of to
points, this being anfindifferent re-
@pohse to weak English cables. Aside
rom the foreign news influences at
work We're decidedly bullish. The week.
~ crop weather review Of the chron-
'N'e pointed out deterioration in the
The Savannah morning news., 1901-08-25
COTTON,

The spot cotton market closed firm
and unchanged to-day, with sales of /.
The receipts were 176, against 625 last
year, and S13 year before. The demand
was scattering and very little trading
was done either in the spot or fob.
markets. Cotton futures at New York
closed steady with prices net II points
higher.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news., 1901-08-25
FINANCIAL.
MONEY-Money, easy.

MONE money, easy.
FOREIGN MARKETS-Market dull
and easy. Commercial demand, $4.S71s;
so days, s4s5 80 days, $4.s3% francs,
Paris and Havre, so days, $518A ;
Swiss, 60 days, 1921: Belgian, s5.20ss !;
marks, 60 days. 81 1915; 80 days,
"a 9-16.
banks are buying at lie discount and
The Savannah morning news., 1901-08-25
EIAIGHT & FREESE CO.,
Established 1890. Main Office So
Broadway, New York.
STOCKS, BONDS, GRAIN, COTTON.

SO BROADWAY, NEW YORK.
Principal Branches: Boston, Phila-
delphla. Pittsburg, Worcester, Balti-
more, Washington, Cleveland, Newark,
Buffalo Rochester, Syracuse, Albany.
Poughkeepsie, Montreal, Toronto. Read
ing, Atlantic City, Cincinnati, Toledo,
Columbus, Detroit. Providence, Lowell.
Hartford, Springfield.
Determining the character and A.
nancial responsibility of your Broker,
is as important as the selection Of
right stocks"
The Savannah morning news., 1901-08-25
FINANCIAL.
WALL. ST,
OLDE5Ti 80.
SAFESTl BEST

1topev will earn big monthly returns.
Sha Investors fund pays semi-monthly.
the Oldest established in American. No
certifcate holder has ever lost a cent.
payments made to all subscribers every
IL davs' No trouble. No delay. Money re-
landed on demand. Write to-day for par
ticulars, free to any address.
c. =. MACKEY & CO.,
Hudson Building, New York.
The Savannah morning news., 1901-08-25
CORN AND WHEAT.

are again coming into speculative prom
inence and higher prices for both CO.
reals should be recorded. The crop re-
port shows the lowest condition in rs
years for corn; this should give that
cereal an immense immediate advance.
Crop shortage abroad is causing an ex-
port demand for wheat, aggregating g.
900. 900 bushels per week. With a home
consumption of over 100000 bushels
weekly much higher prices will prevail.
We have every facility at our offices
for handling corn, wheat and cotton or
ders as well as stocks, and can now
fllrrish continuous nuntafiOna.
The Savannah morning news., 1901-08-25
MURPHY & CO.. INC.

Board Of Trade Building. Savannah.
Private leased wires direct to New
Aork' Chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
new York ONCE, No. 81 Broadway.
omces In principal cities throughout
the south. Write for our Market Manual
and DOCK containing instruction for
traders
The Savannah morning news., 1901-08-25

selling as follows: s25 and under. 1oc
premium; SIS to $50, 15c premium; $50
to 500. zoe premium; 800 to $3.50. 25c
premium; 5000 to $3.50 Ito premium;
$1,000 and over, 75c per NJ.
SECURITIES-The security market
1t about lifeless and quotations are
nominal.
The Savannah morning news., 1901-08-25

OIItII ISStOII' D u AUG Il UT ItII-
pentine, nothing doing; quotations
omitted. Rosin firm, unchanged.
Wilmington, N. c., Aug. 24.--Spirits
turpentine steady at 32h@33Ac; re-
ceipts, Sc.
Rosin firm at s5c@$1.oo; receipts, 139
Crude turpentine quiet at s1.00@1.S0;
receipts, "a.
Tar steady at $1.35; receipts. SO.
New Orleans, Aug. 24.-Receipts:
Rosin, 1895; turpentine, IS.
New, York, Aug. 24.-Rosin-Quiet;
strained, common to good. $1.40@1.45.
Turpentine-Steady; 26%c.
The Savannah morning news., 1901-08-25
SQVHlD0n b0nk \ Trust Go.
CAPITAL $3.50. 900.

JOSEPH d. WEED, President.
JOHN c. ROWLAND, Vice President.
VIM. F. McCAULEY, Cashier.
9. L. CLAY. Assistant Cashier.
general banking and exchange bust
ness transacted
Savings Department, interest computed
quarterly.
Accounts OF merchants, banks and cor
porat tons solicited.
american Express Company's letters OF
creuit issued available ia all parts OF the
collections carefully made and promptly
accounted for.
safety deposit boxes and storage vaults
for rent. =
Correspondence invited.
The Savannah morning news., 1901-08-25
ARRIVALS OF TRAINS.

Magnificent Pullman buffet sleeping
car service to Norfolk, Washington,
Baltimore, Philadelphia and New
York; also to Jacksonville and Tampa.
Buffet parlor cars, Savannah to
Montgomery.
For additional information, apply to
Ticket Office, Bull and Bryan streets;
phone 2S.
The Savannah morning news., 1901-08-25
FLUCTUATIONS IN FUTURES.

New York, Aug. 24.-Cotton futures
opened steady and closed very steady.
Prices as follows.
The Savannah morning news., 1901-08-25
HI. & h. Beers Cotton Letter.

New Orleans, Aug. 24.-Notwith-
standing Liverpool advances were dis
appointing in the face of the very bull
ish weekly Chronicle report, our mar
ket only opened lower, subsequently
became wild and excited, advancing "a
on numerous buying orders. When this
demand was filled selling to realize
profits occasioned a break of IL from
the top making the net gain on the
day 10 to 10 points. The market has
advanced nearly a cent a pound with
out the realization of a very decided
break In the meanwhile, the higher
values go the more pronounced does
bullish sentiment become and outsiders
to a limited extent are being attracted
to the article. Trade conditions, how
ever, have not improved in Europe, but
with the present temper prevailing,
prices are ruled entirely by the manip-
ulation going on in the near months.
Under ordinary conditions, reaction
would be in order, yet it is an abnor-
NAL situation and ii is hard. therefore,
to formulate an opinion and it will be
until the legitimate factors Of supply
and demand again regulate prices.
The Savannah morning news., 1901-08-25
ESTABLISHED 1872.
HENRY BEER. BERTRAND BEER.
EDGAR II. BRIGHT.
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 I'm cotton.
The Savannah morning news., 1901-08-25

Hubbard Bros. g. Co.'s Cotton Letter.
New York, Aug. 24.-Out market
opened with sales of January at 7.76@
7.77c, and after selling at 1861. SSc,
ruled at Isle at IL a. m.
The Savannah morning news., 1901-08-25
barrel. ss.ss; per sack, s1.s5; sundry

tcOntinued on PAGE Twsnty-twol
The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1901-03-19
Cas- OF Fv,I Surce stior,

The New Castle News of Saturday
FURNISHES Il new pruur of the diiiiulty
th"r" is in "h"ing angry without sin
ming: or, rs il would he said in the
language Of the street. getting mad with
our making Il fool Of oHr'y self. The
News is angry over the falurr of Il bill
i'll the State Senate. intended To provide
for popular Not" nn he water works
question at New Castle. EcrauSc this
bill failed III" News gets angry and AT
t"mrt> it'll" mud singing a somebody
who is politically objectionable to it..
Her" is what it says:
The Senate r,t'-cd To concur. Ii is
well known who Influenced the two
thirds Vet" in that body, which is
strong Vid"nc" in proof that money is !,
m"n4"' t" popular forWs of government.
II Is w"il-lnuWn thIt tn" man who want
I'd III" /. :, SruatorShip is very close to
h" president OF the Sew Castle Water
Company.
otherwise. woven together for the rur.
r'"c Of r"lsn, evil su%;,steii to afford
an opportunity for puIiiDrYl mati singing.
II Is thi> faI3.viloaI in suggestions that has
made The Nurc Of Delaware Il stencil in
III" n"sIriS Of the people. II is the
mcHncSi and most c0wNrdIy kind of polt
zeal work. and is being done. fursnoth,
in Ia" name Of virtue and patriotism.
This. too, is an evidence Of the extremes
to which these slandcrrrS of the State.
and of her citizens, are driven to find oc-
'aSons for evil suggestions. They break
through party lines ana charge evil
things Unfortunately upon any and al
mon who disappoint their expectations
in amy trivial way. Surely this is the
a,m" of political fooli#hncSs.
Again th" makers of these OWL sug-
.">tioii' mai. fools Of themselves in
Go~m ,ciott~Iy poItraying themselves in
their |t'.o H. upon others. ii is safe to
~aE HAT these suggestions Of purchase
ad ~ai" Of legislative influence and
Votes r"jo'S out of the brains and hearts
e: 'hr mrn who max" them. The honest
mol Dhj}l,rth up evil. The fool in anger
m|'a,D'h himself.
The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1901-03-19
HISTORICAL SOCIETY MEETING
Correspondence Between J ames A
Bayard and Caesar Rodney Read.

Inc regular monthly meeting of the
Historical Swri"ty Of Delaware was held
AT the Historical building, Tenth and
Market streets last night. In the alb
Srncc OF 'hi"f Justice Charles i. Lore,
who is president Of th" society, Judge
lgnatius Grubb presided.
William II. lIeinc, Of this city and
W. II. kirkpatrick, of No. 45O Buliitt
Building, Philadelphia, were elected
members of the society. The donation
committee reported n number Of dona.
tons received during the month.
Henry g. Conrad read some interest.
ing recently discovered correspondence
between DANES A. Bayard the elder, and
Caesar A, Rodney. The correspondence
covered a period from 1901 up until after
tile war of 1872. The letters read by Mr.,
Conrad Appeared in tho Monthly BaHe.-
tin published by the New York Public
Library for July, 1900.
The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1901-03-19
SDe cini Nice mo

A special meeting of the Board Of Eud-
cation was held last evening TO take ac-
ton relative to the issuing of ccrtifi
catse of Indebtedness TO the amount of
$150,000, so us to insure their legality.
A preamble and resolutions, prepared
by City Solicitor Henry c. Conrad,
were presented. The resolutions en-
power the president and secretary of
tie board and The finance committee to
issue the certificates and dispose of them
to the hest advantage The bonds or
certificates ara to be in the form Of
coupon bonds bearing interest not eX-
creding per cent. paying semiannaually
on April | and October l.. They shall
be for 81 600 each and I've numbered from
! 10 $50. Fifteen bonds shall be paid
every year in the order of the numbers
on them. The money shall come from
the amount appropriated for new build
ingS.
\ lengthy discussion arose as to
whether the term certificates Of indcbt-
edncss or coupons should he used Some
members said bonds could not be issued.
II was finally decided to adopt the
preamble and resolutions and then refer
them to the finance committee with
power to act. The committee is to CON
fer with the city solicitor. The vote on
which the resolutions were adopted was
as follows: Ayes Baugh. BuckmaSter.
Brown. Carter, Cooper. Fraim, Frantz,
Mc'iovern, Morrow. Palmer. Postlcs,
Ross, SrhNcifcr. Turner and DR.. L. G.
Shortldge; Nay-ODonnell.
The form of I'm advertisement for pro-
poSals prepared by Gay Solicitor Con
rad was presented. All bids must he at
the office of the treasurer of the board by
noon on Thursday, March 2S. Fash
must be accompanied by "A certified
check.
The matter of the advertisement was
referred to the finance committee with
power to act. II WAS ordered to confer
with the city solicitor in reference to
whether the term certificate or coupon
should hc used
The [. :. Mortgage & Trust Com
pHny was given the contract to prepare
the certificates for the loan.
\ request was made for two ash bar
reIS for no 4 school. The lame of
Frank l"n"a. recently fireman at tho
High School, was dropped from the pay
ruiI
The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1901-03-19
L0OKS LIKE
MORE WAR.

TIcn Tsin, 80 y. m, Monday,
March IS, The tension here Is III.
creasIng and conflict may he cX r.
pcctcd at any moment. The troops
OF al nations are under arms,
The situation at the railway
station remains the same, although
the temper OF the hostile troops is,
if possible, more disquietlug than
before.
French troops are taking part in
tue trouble, despite the Efforts OF
their officers 10 maintain neutral
attitude, Many groups o. French
ran through the British settlement
yesterday afternoon CRYING ''Down
with the English, and number
OF fights took place ending in b'ood-
shed, as the French carry fire
arms,
Finally three French soldiers al
tackled Captain Bogler OF the Brit
ish army, and pulled him out O. his
ritNs haw. The captain defended
himself with his fists and had
knocked down one OF his assaliants
when a nunocr OF SIkhs came to
his rescue.
General Campbell then turned
out and set pickets around the SCI.
tlemcnt with orders TO admit no
French soldiers into the concession.
Field Marshall Count Won Wal
dersCG, WHO had GUnG to kiauchuu