davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-06-19
RUSSIANS RETAuIATE.
Raise Duty on American BicycIes-Othe
Increases Are Expected.

Washington. June 1S.-The Rus
sian ambassador. Count Cassina.
has communicated to the state
department that in consequence
Of the action Of the American govern
ment through a treasury order of
March last. applying tariff restric-
tons against Russian petroleum i'm
ported into this country. the Russian
minister Of finance. n. DcWittc. has
issued an order dated June !. imposing
the high tariff ratc of the Russian
stcdulc on American resin or calafin.
under Article - OF the Russian tariff
Law. and increasing the rate on Amer
Ican bicycles under Article ll3 Of the
Eussian laws.
This action is entirely apart from
that taken in connection with Russian
sugar. ANA is now development in
the discriminatory duties imposed by
this govcrnmrrt dnd the rrtaliltory
duti & imposed Ivy Russia. The order of
lie Hus> i'm minister is to take effect
next Friday. or two weeks from tn"
date Of It's issuance.
New York June 1S.-Acc ording 70 a
Washington dispatch to the Journal OF
Commerce. the recent action Of the
Russian government in raising the du-
Is on bicycles when imported from the
United states il likely to be the sub
irct of friendly representations hy IN"
DEPARTMENT of state.
The first levy of the special duty
seems to be a part of the policy OF re-
taliation adopted by the Russian gov
eminent because of the decision OF the
treasury department that counter
vaiIing duty was levied under the
Dingley law upon Russian sugar. The
action taken in regard to bicycles,
however. is ascribcd to the fact that
Russian petroleum is subject To duty
ON entry into the United States.
The right Of the Russian government
To impnsc the maximum tariff when II
is imposed also upon imports from GER
tain other countries will probably not
hc disputed with the state department
but if the duty on bicycles is aimed at
the United states alone it Will prob
ably be the subject of representation
against its continuance.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-06-19
BlUfFlNG EACH OTHER.
Harvard and Yale Crews Plainly Hiding
Condition from Each Other.

Yale Quarters, Gales Ferry, Conn,
June lS.-The Yale coaches are some
what discouraged. tonight. as the re
suit of time trials of both Varsity
crews over the 4-mile course. The
Yale Varsity went out at $50 and COW
cred the four in 2l.34 with the condi-
lions of tide and wind almost perfect.
The Harvard crew. a little earlier,
had gone through the same perform
ance in 211S and We're generally in
better form.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-06-19


tans dangerous drug kind, but vegetable
perfect blood Send for Rheu
would
glad you charge nothing medical advice
THE SWIFT SPECIFIC COMPANY ATLANTA. GA.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-06-19

working a complete change i'll
the blood ; the acids are neutral
lied, the circulation purified and
the rich, healthy blood that is
carried to the irritated, aching
muscles and joints, sootlies and
heals them. S. S. S. cures Rheu-
lnatism even when Inherited or
brought on by the excessive use
Of mercury. Opium, in some
form, is the basis Of nearly all
so-called Rheumatic Cures.
which deaden the pain but do
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-06-19
Rheu 0tfSm

Rheumatism is due tc excess of acid i'll the
blood. When this escapes through the pores OF tie
skin as it often does it produces form of skin
eruption-some itching disease like Eczema or
Tetcr-b but when these little tubes or sweat glands
are suddenly closed by exposure to cold and sudden
chilling Of the body, then the posons thrown Off by
rler
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
OCEAN FREIGHTs.

COTTON-Savannah to Boston. per
cwt.. 25c; to New York, per cwt., 30c: TO
Philadelphia, per bale, 81; Baltimore, ST.
FOREIGN DIRECT-Bremen. zoe; Liv-
erpool 30c; Hamburg 30c; Barcelona, 45c;
Manchester. 35c.
INDIRECT-Liverpool via Baltimore,
35c; via New York, 40c; Hamburg, 40c;
Antwerp, 40c; Reval, 81. Petersburg and
Gutenberg, Soc Genoa 37d
LUMBER-By Sall-Freights duh: to
Baltimore. $500; to Philadelphia, s425; 90
New York. $50 per NJ.
LUMBER-By Steam-Savannah to Bal
timore, S.; to p. r.. r. or y. and o. docks,
$3.50; 10 Philadelphia, 1890 per cwt. a
pounds to fooD TO New York $3.50 per NJ
to dock; lightered. 1928; to Boston to
dock, $500.
NAVAL sToREs-The market is firm,
medium size vessels. Rosin-Cork. for or
ders, 3s cd per barrel Of $40 pounds. and
per cent. prlmage. Spirits, Is Cd per 40
gallons gross, and per cent primage
Large vessels, rosln. 3s; spirits As 3d.
Steam. lie per 100 pounds on rosin, 211zc
on spirits Savannah TO Boston, and 9kc on
rosin and 19c on spirits to New York.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
TO THE NORTH AND WEST.

Train arrive Savannah as follows:
No. 30 daily from New York and Wash
ington, 500 A. m.
No. 50 daily from New York and Wash
ington S:05 p. m.
All trains arrive and depart from the
Plant System station
THROUGH CAR SERVICE, ETC.
Trains 80 and "a 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. Pullman
sleeping cars between Charlotte and Rich
mond and Charlotte and Norfolk Dining
cars serve all meals between Savannah
and Washington.
Trains 80 and So daily, THE UNITED
STATES FAST MAIL, Vestibuled limited
trains carrying Pullman drawing room
sleeping cars between Savannah and New
York Dining cars serve all meals be-
tween Savannah and Washington. Also
Pullman drawing room sleepins cars be-
tween Savannah and Cincinnati through
Asheville, and 1.-THE Land of the Sky
For Information as 20 rates, schedules.
etc, apply to
f. s. CANNON. Sd v. p. and G.. M.
5. II. HARDWICK, G. p. A, Washing
ton, d. c.
w. II. TAYLOE A. G. p. A., Atlanta.
r. c. BLATTNER, Depot Ticket Agent.
Plant System station, Savannah, Ga.
JAS. FREEMAN, C. P. s. T. A, Savan-
nah, Ga, l41 Bull street. Phone $50
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
new ORLEANS COTTON MARKET.


New York, May 25.-In the cotton mar
ket this morning July advanced, at the
opening ten points. Other deliveries
opened two to five higher. 1t appears to
be taken for granted that the short in
terest in August is big, and so is the
long interest in July, and any sign of Au-
gust creeping up will be followed by
sharp advance. Inquiries are coming in
from many quarters as to the PROBABLE
course of those months. There is heslta-
ton in expressing an opinion after the
furry, witnessed in January when a cy
clone struck the market without warn
ing although the trade had for weeks
been talking of a probable squeeze. The
same thing may happen with July, if wet,
May will help the market wonderfully,
Best people from the South contend that
such conditions would prevent cotton be-
ing chopped out while if followed up in
June, it would be disa strous, and lead to
a general scramble to buy. Despite the
close of Liverpool market some buying
orders came from that point to-day. The
Chronicles report for the week was ANY,
thing but beafish. in fact, the showing
was simply confirmatory of the vie vs. en-
tertained by people who have closely
watched the crop developments, and are
familiar with weather requirements. The
most bulish feature in connection with
the crop is the situation in Texas where
the rain all the winter has been insult
ficient, and this fact, independent of re-
cent weather conditions should not be
lost sight of. The weather to-day was
generally fair, but Vicksburg had close on
to AZ inches rain, Little Rock &c, Mem
phis 81 and Abilene Los. Heavy rains
were reported at San Antonio. July had
advanced 20 points, and there was re-
port that Southern holders of lower
grades were advancing prices thus chang
ed shipments this way. After touching
cents, July fell to 7.99 outside of that
month there was little doing, but the
trade was prepared for further interesting
July developments. Spots advanced 1-16c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
H. & b. Beers Cotton Letter.

New Orleans, May 25.-Advantage was
taken of the Liverpool holiday by the
July clique in New York to brighten out
shorts. Consequently, our market in
sympathy, opened higher, quickly ed-
vanced IS points additional, eased off 4,
later closing at net gain of 10 points
on old crop months and points on the
new While all features in the situation
continued bearish, everything is lost
sight of for the moment In the general
scramble to cover shorts. We are in
formed that considerable selling of Julys
to-day in New York were against spots,
as that Is the highest market in the world
to-day. In the meanwhile, 1t is a good
thing for holders of low grades through
out the South, as owing to the fixed diff
ferences they are enabled to ship their
cotton there and sell June or July against
II. and get on to 50 bale more than
anywhere else without considering the
premiums existing in July. Therefore,
we again urge our friends who have
grades below middling to good ordinary
to take advantage of this opportunity TO
ship their cotton to New York for tender
ing. purposes, as it will pay handsomely,
and give them an outlet on a class of
cotton for which there is no export de-
mand. The probability is that the con-
tenplated July corner In New York may
be unsuccessful ultimately, but In the in
terim all sorts OF manipulative tactics
will be resorted to- therefore, unless cot
ton is to be rendered, we suggest keep
ing out of the summer positions there.
The same advice is applicable to our mar
ket. because until the success or failure
Of the manipulation in New York is de-
termined all markets will be Influenced
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
STOCKS AND BONDS.
The Market Closes without Amy
Notable Features.

New York, May &.-There was no evil
dence of interest in to-day's market be-
yond the manipulation by professionals
in limited number of stocks. The ac-
ton of the market showed that many
brokers and traders followed the mldsum-
mer custom of not coming to the Ex-
change at all for the short session of Sat
urday. Some of yesterdays movements
which gave good promise of a period of
activity in the special stocks at least, re-
ceived an untimely check. This was true
of the tobacco stocks, which started with
a vigorous rise, but which ended with
sharp net losses.
The Southwesterns were temporarily
strong on published admissions from in
working out for the consolida-
ton and extension of the prop
critics. The rumor that an impor-
tant short interest in Northern Pacific
had effected private settlement which
was an important influence in yesterdays
late rally had lost their force to-day.
This was partly due to the lack of au-
thoritative information on the subject.
While the completion of a settlement
would be regarded with relief, as remov-
ing a threat of further forced liauida-
liOA AANii INC hAAi hCIt bAlt ObNAOuS pItSS-
ure to secure actual deliveries of certih-
Gates leaves the inference strong that the
Northern Pacific dispute still remains
open. An exchange authority estimates
that the demand for credits in Europe and
England in connection with the struggle
for control of Northern Pacific has run
as high as $4,000 900. A sale of Northern
Pacific at 200 near the close to-day re-
vived consideratio ton OF the subject The
last sale on Thursday was at 205, and last
nights closing quotation was 172 bid and
$50 asked. The closing to-day was $50 bid
and 30 asked. The strong position OF the
banks disclosed by the bank statement
failed to revive the market. With a re-
punishment Of cash reserves 40 the ex-
tent of $685. 900 and growing ease In the
money market the fact that loans should
have been paid off to the extent of s14,-
$4,000 carries a pretty plain intimation
that further important liquida ton has
been going on I'm the stock market and
that there is no extensive inclination TO
embark In new ventures in the market.
The bond market has been quiet and
the movement OF prides irregular. Gov
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
ACTOR. Closed steady and unchanged-

factors. Closed steady and unchanged
May closed 1870; July 7Sssc.
Corn-Spot steady; No. 2, 49c. Options
were inactive all day. but steady with
wheat and on light offerings. Closed
steady at a partial h net advance. May
closed 49hc; July 4SlSc.
Oats-spot dull; No 2, SSc. Options quiet
but steady.
Beef steady; family $lO.5Od12; mess $50
q950; beef hams, $2OQ2l.50.
Cut meats quiet: picked bellies. Sls@
10lkc;; do shoulders, INC.
Lard easy; Western steamed 1886; re-
fined dull; continent, $S45; s. A. S915; conn
pound, 6Ac.
Pork steady; family $l6OOG1s5o; short
clear S15.5Olt17; mess $l5.25q15.50.
Butter steady; creamery. 159isc; state
dairy 1541Sc.
Cheese steady: fancy large white. sac
SIC; do small sQ9Ac
Eggs steady; state and PennsyHania
1SMc.
Tallow steady.
Petroleum dull.
Rosin quiet; strained common to good
si.52lz.
Turpentine quiet. S5lk9Sec.
Rice quiet.
Potatoes steady.
2 Peanuts quiet; fancy handpicked 4Ka
&c; other domestics 4la94%c.
Cabbage steady.
Cotton by steam to Liverpool 10c.
Coffee-Spot Rio dull; No. invoice
5-16c; mild quiet; Cordova sl4di2iac.
IL was a dull day in the market for
coffee. The opening was dull, with prices
unchanged and not a bag was reported
as having changed hands up TO the close.
There was nothing in foreign advices or
in domestic news to affect sentiment here.
Attention was given over almost entirely
to developments on the cotton exchange
where a july squeeze" was In process.
The market closed inactive with prices
net points higher to 5 points bower. on
bids only.
sugar-Raw firm; fair refining SIC; cen
trifuga 96 test $3.50. Refined quiet; STAN
continued on Page Twenty-twa
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
TRADE AND FINANCE
v.RLY CLOSING RESTRICTS THE
DAYS TRANSACTIONS.
TURPENTINE AT THE ADVANCE.
MARKET FIRM AT 321kc, AT THE
CLOSING.

-. activity in the Local Cotton Mar
,,et-Futures at New York Inactive
, points Higher to Points Lower.
stocks Steady-Local and TeIe-
.,raphic Markets.
The Morning News Office,
Saturday. May 25.
business in local trade circles was light
today Aside from the restricting effect
If he early closing there was little de-
r.3rd in any quarter, so that the day
closed without any large transactions be-
,r.- reported. A few local cotton men are
hse,nning to depart for the summer and
others will do so shortly. leaving business
IN this market to take care of itself I'M
Ill the approach of the new season.
The spirits turpentine market was prob
ablv the feature to-day for it's advance
nj l.c at the closing, at which sales of a
fair lot were reported The demand was
satisfactory, and it was currently under
stood that about all the offerings changed
hands. Resins opened firm at a sweeping
drop of SC on all grades. This brought
ont some business at the opening, and at
the closing further sales of fair lot
were reported. Nothing of interest devel-
oped during the day to influence the naval
stores markets materially one way or the
ether
New York stocks closed steady and
featureless, with no noteworthy advances
reported in any quarter. The local whole
sale markets were mainly unchanged. The
following resume of the markets will show
their tone and quotations at the closing
to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
COTTON FUTURES.
The Market Closes Inactive < Tn IN
on.

On.
New York, May 25.-The cotton market
opened steady, with prices UNCHANGED to
Il points higher. July led the advance.
opening at 1920, against 7.SOc last night.
AS a matter Of precaution, July shorts
bought July as a hedge, causing almost
equal strength in that position. Trading
all the forenoon was excited. but not
specially active. Room and Southern
near month shorts were the leading huv-
ers and seemed desperately afraid that
July would reach Sc before the close. as
onerings were light and scaled up from
f'Soc to SC. Absence of news from Liver
pool, which market was closed on ac-
count of Whitsuntide holidays, with rum
ors OF bad scare of shorts in New Or
leans, helped to unnerve the bear inter-
est and to stimulate buying for a fur
ther advance Receipts were heavy, the
weather report was fully as good as ex-
pected and crop reports showed steady
Improvement in the condition generally
Claims that large blocks of low grade
were coming here from the South, the
differences allowing handsome profits in
such shipments now that our market is
the highest In the world, appeared to in
no way calm July shorts, who continued
10 bid feverishly for large blocks. An
advance to 1850 occurred soon after the
opening and all the morning the market
was strong in an erratic way. The sum-
mer months absorbed the bulk of atten-
ton, though August failed to rise much
above last nights close.
F'verish support from shorts kept the
market well up to the top all the late
session. Closed inactive, with prices net
points higher to lower.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
Hubbard nros. 8 co... cotton Letter

New York, May 25.-With Liverpool the
interest again centers in the local July
freight against the shorts who have COW
cred freely to-day. 1t is estimated that
fully $4,000 bales of short July were CO.
vered to-day and this cotton was supplied
by the local longs and by shipments from
the South. The advance on July was
so sharp that it affected the other deliv-
cries which rallied from the low prices
of yesterday. No attention was paid to
the movement or the increase in the WIS.,
ible supply over last season, nor is it
likely that until the alarm is over that
the commercial factors will govern the
market. Showers fell throughout the cot
ton belt to-day and our advlces from San
Antonio report the heaviest rain of the
season. Rain had been needed in that
section of Texas. Some complaints are
coming to hand of too much rain though
after the recent drought complaints the
rain must have been beneficial in most
instances. However the government pre-
diets fair weather for Sunday.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
COTTON.

The cotton market closed quiet and I'M
changed, with sales on the spot of go The
demand was about as it has been for sew
eral days past, with no new developments
to revive activity. The receipts were L.
934, against 729 last year, and 6eS year
before last. Cotton futures at New York
Inactive, 8 higher to lower.
The following were the official spot quo
tations at the close of the market at the
Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
NAVAL STORES.

Saturday May %.
SPIRITS.-The turpentine market open
ed firm at S2c bid, with sales of 2,15S, and
closed firm at 32Ac, with closing sales of
225. A good demand was reported, I'M
derstood that all buyers were in the mar
ket. The offerings were about all taken.
Receipts 1747 and the exports 1878.
ROSINS.-The rosin market opened firm
at a decline of &c throughout the list, with
sales of SO4, and closed firm and unchanged
with further sales of 1,26S. The demand
was satisfactory at the lower level. Re-
ceipts, 1857, and the exports 1913. Prices
a follows.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
FINANCIAL.
MONEY-Money, plentiful.

MONEY-Money, plentiful.
FOREIGN MARKETS-Market dull
and easy. Commercial demand, $4.S71t;
sixty days, A.S4; ninety days, 81 821a;
francs, Paris and Havre, sixty days,
5.19s4; Swiss, sixty days, SAN; Belgian,
S.2O9s; marks, sixty days. 94A; ninety
days. "a ZIG.
DOMESTIC EXCHANGE - Steady;
banks are buying at lie discount and
selling as follows: SIS and under, 1Oc pre-
MUM; $25 to $50, 15c premium; $50 to slOo.
zoe premium; 500 to $500, Csc premium;
$500 to $1,000. Is premium: 1000 and over
75c per NJ
SECURITIES-The security market is
very dull, excepting Central incomes.
These are flrmer and easier.
Stocks.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
WEEKLY BANK sTATEMENT.

New York, May 25-The statement of
the Associated Banks for the week end
ing to-day shows: Loans, decrease $14,-
639, 500; deposits, decrease $10509, 800; cir
culation, decreased $4,000; legal tenders,
increase $2,1S35O0; specie, increase $317S,-
100; surplus reserve increase s7,9S9,O 50
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26

eminent bonds were unchanged on the
call price, as compared with a week ago.
The total sales of stocks to-day were
2S2'7@ shares, including Atchison, 1900;
Chicago, Indianapolis and Louisville, S,40O;
Erie, 1920; Metropolitan, 1920; Missouri
Pacific, 11,70o; Texas Pacific, 1900; Ameri-
can Tobacco, 1900; Continental Tobacco.
1890; United States Steel, 500; Union
Pacific, $500; Wabash, Is, 400; Wabash pre-
ferred, 2l.100.
New York Stock and Bond DIST.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
GRAINS. PROVISIONS. ETC.

New York, May 25.-Flour neglected. and
about steady at former prices
Corn meal quiet; yellow Western s1.0o
Rye flour quiet. Rye dull
Barley nominal; barley malt steady;
Western GJa72c.
wheat-Spot steady; No. 2 red. SiBc.
options opened about steady and had It's
own throughout most of the forenoon op-
erations. Cold weather In the Northwest,
modorate covering and fears OF bullish
statistics on Monday were the chief bull
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
MONEY MARKET.

New York May 25.-Money on call nom
inai; prime mercantile paper, 4G4A per
cent. Sterling exchange nominal with ac-
tual business in bankers bills, at "a. SsAd
4 $685. for demand, and at $4.S47s for sixty
days; posted rates. $4.S51a and 81 .S9; COM
mercial bills, 81 s4G4 .s41a; silver certih-
Gates, 6Oc; bar silver, $3.50; Mexican dol
lars, 4S1kc. State bonds inactive; railroad
bonds steady; government bonds weak.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
DRY GOODS.

New York, May 25.-The week closes
dull in all departments of the dry goods
market, with return of bad weather
and only limited business has been done
in any description of merchandise at
first hands. Print cloths continue mac
tive and featureless. American cotton
yarns have been dull throughout, very
irregular and some business done at low
er prices than a week ago. Wooden and
worsteds also irregular, but demand
shows slight Improvement. Linen yarns
unchanged.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
SQVQDIQl bQDk \ Trust Go.
Capital $3.50, 600.
OSEPH D. WEED, President.

JOSEPH D. WEED, President.
JOHN C. ROWLAND, Vice President.
VIM. F. MeCAULEY. Cashier.
S. L. CLAY, Assistant Cashier.
A generic banking and exchange bust
ness 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, 1901-05-26
H. & B. BEER.
Cotton Merchants,
NEW ORLEANS.

Members of: New Orleans Cotton Xxx
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, 1901-05-26

Charleston, May 25.-Turpentine firm at
32c; no sales. Rosin firm and unchanged
Wilmington, N. c., May 25.-Spirits tur-
pentine, nothing doing; receipts, Al casks.
Rosin, nothing doing; receipts, 30. Crude
turpentine steady at $1.1O and S210; re-
ceipts, So. Tar quiet at SIPS; receipts,
2S5.
New Orleans, May 25.-Receipts. rosin
450. Exports none.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-05-26
OIL REVIEW FREE.

If interested In oil. drop postal for copy
OF Special Illustrated Texas Edition, Civ
ing history OF discovery Of oil and excite
nent az Beaumont; also special report on
several wel-known oil corporations.
UTHWESTBRN OIL REVIEW,
~. American bldg, Philadelphia, Pa.