davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
TRADE AND FINANCE
r,p INTEREST DEVELOPS II
THE COTTON MARKETS.
FUTURES STEADY AND LOWER.
,.,rs OF TURPENTINE CLOSES
STEADY AT s412C PER GALLON.

,ner the Closing the
a,ur was That the Undcrtone
no. ouiet-Rosins Firm and Un-
..d-LocaI and TeIegrnpaic
Markets.
The Morning News Once,
Monday, Ovt, z.
mia cotton markets show signs OF
,asa ~ the hesitation that prevails
- Generally prior to the bureau crop
Innate. which caused what may pos
sin,v turn out to be a spasmodic fight.
,u.arest is not such as to maintain
rrices according to many observers,
Tho look for a gradual yielding unless
+ns demand increases commensurate
With the bullish news of the past few
davs Futures at New York closed
ataodv to-day at a close of to 6
roints Spot markets closed quiet.
savannah spots ruled quiet and I'M
changed. with fair demand during
the early hours. Cotton for through
shinment was in moderate request, but
the best prices We're at the opening.
Shirts of turpentine showed yield
,ng tendency to-day on the lighter de-
n,snd. closing steady. at 341so. 1t was
sid sales were made after the closing
at 34kc, but this was not confirmed.
Resins closed firm and unchanged,
with a moderate demand from all
quarters. The wholesale markets
r,osed steady and 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, 1901-10-08
SEA ISLAND COTTON.

p, Ia oT,iaiuons In the sea island cotton
weeio remain about the same as last
nric a, WIN little Of interest to influence
i sfoetoOn the whole the demand is sat
Tho n sales of 731 were reported for
dow dow week Prices have not vet settled
it Nv" a, 10 a basis owing to the Irregular
far, VI tne movement, and the further
Fre s mar the trading has hardly pro-
policy iar enough to disclose the
Fast III M spinners. 1t was reported that
choice i doridas brought 21hd22c, extra
fancy c snu fancy Floridas 21@21hc;
gias 100 eorslas zoe. extra choice Geor-
Savann,ha ana choice Georgias lsc. The
week ending Oct. A.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
FINANCIAL.

MONEY-Money, easy.
FOREIGN EXCHANGE - Markets
strong. Commercial demand, s4.s4K !;
so days, s4.s2; 80 days, $4.S1; francs,
Paris and Havre, so days, $522%;
SWISS so days, $5.z3A Belgian, s5e41si
marks. 60 days, s45x 80 days. "a.
DOMESTIC EXCHANGE - Steady;
banks are buying at " discount and
selling as follows: $25 and under, Zoe
premium; $25 to $50, 15c premium; $50
to 800, zoe premium; 800 to $500. csc
premium: 5000 and over par.
SECURITIES-Noth at all doing
in securities, and quotations nominal
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
COTTON.

The spot cotton market closed quiet
and unchanged to-day, with sales from
factors tables of 1.211. After the open
ing inquiry the demand diminished.
and little was done the balance of the
dav. Receipts were 1905, against 5.eS7
last year and 7.216 year before last.
Cotton for through shipment was only
in moderate request. A continued in
different demand prevails. Exporters
find that spinners doubt the correct
ness of the bureau estimate and are
inclined to vigorously contest the wave
of bullishness ii has caused. On the
other hand reports indicate firmness
on the part of the country. Fully good
middling to-day was around 5-16c at
the opening and 3-16. and closed
around 1-16GShc. Cotton futures at
New York, steady 2@6 points lower.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
-'--~ss-----s'------------
NAVAL STORES.

Monday, Oct. T..
sPIRITS-The market opened firm
S4e. with sales Of 400, and closed
steady and unchanged, with no fur
ther sales reported. The demand was
quiet most of the day, and yielding
tendencies apparent in all quarters
Reports were current that sales were
made on basis of s4Ac. though this
was unconfirmed. Receipts sS2. and the
exports none.
-RoSINS--The rosin market opened
firm and unchanged with sales of 1,7S6.
and closed unchanged, with closing
sales of 155. The demand was mod
crate. Receipts 2,165, and the exports
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
MONEY MARK FIT.

New York, Oct. 7.-Money on call Arm
at 3hQD4 per cent: last loan, 3h per
cent, Prime mercantile paper. 4hQ5Is
per cent. Sterling exchange Arm, with
actual business in bankers bills, at
$4.s5as .s57s for demand, and at
s4.saA for sixty days. Posted rates,
A.S4@4. SAN, and 4.s6h; commercial
bills, 81. s2% "a. s3A. Bar silver. 57%c.
Mexican dollars, 45Ac. Government
bonds weak; state bonds inactive; rail-
road bonds irregular.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
Mummy a Co.'s Cotton Letter.

New York, Oct. 7.-Although bust
ness was limited in the early market
rrices advanced to 9 points on cover
ing of shorts and new buying by firms
with Southern connections. Selling
was regarded as dangerous. Spinners
here and abroad are becoming rest
less. Everything points to an early
settlement Of the difficulties between
mills, and operators at Fall River
The temperature in the South to-day
ranged from 50 to "a. Southern and
Western buying orders on fair scale
appeared this morning. There is a
feeling here that market must do bet.
ter, and in the event of early frost
there is no telling where prices may 60
Cables to-day were higher. Receipts
at interior towns were close up to last
year while they were $1,000 against
$4,000 last year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
Hubbard Bros. & Co.'S Cotton Letter.

New York. Oct. 7.--Liverpool came as
expected, showing in fact more
strength than the trade anticipated.
This market opened steady with ad-
vances of some ten points from which
there was a slow recession on the alb
sence of outside investment orders.
This absence OF speculation is in mark
ed contrast with the markets Of the
past two seasons, and in sympathy
with the continued liquidation in the
stock exchange, the market slowly lost
the advance. The demand this morning
was supplied by exporters selling as
a hedge against purchases. Our local
trade expect the continued light move
ment will finally bring European spin
ners into the market. though 1t is al
most certain Ellison will have to make
sharp deductions from his estimate Of
consumption for September.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

OLDEsTt
GAEEGTl BES'

Money will earn big monthly returns.
TIE investors fund pays somi-monthiy
The Oldest established In American. No
certificate holder has ever lost cent.
PAY ments made 10 all subscribers every
is days. No trouble. No delay. Money ro-
funded on demand Write today for par
reulara, free 70 any address.
c. E MAcKEY a Co,
Hudson Building, New York.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
DRY GOODS.

New York, Oct There has been
quieter demand to- day in all depart
ments but a good business is looked
Tor later in the week Brown cottons
are very firm, some exporters paying
slight advance. Bleached cottons are
nrm, but quiet coarse colored goods
scarce and firm. Prints very firm;
print cloths quiet bat strong.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

ket. To some account, the weakness
in prices this morning was furthered
by the very material declines showing
in the London market for American
stocks, the losses there ranging from
Il to over ] per cent. Foreign houses
sold heavily here when business open
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
MURPHY & CO.. INC.

Board of Trade Building. Savannah.
Private leased wires direct to New
York. Chicago ard New Orleans.
COTTON, STOCKS AND GRAIN.
New York once. No. 81 Broadway.
omces In principNl cities throughout
the South. Write for o,w Market Manual
ana book containing instruction for
traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
ESTABLISHED 1872.
HENRY BEER. BERTRAND BEER.
EDGAR II. BRIGHT.
H. & B. BEER,
Cotton Merchants,
NEW ORLEANS.
NEW ORLEANS.

Members OF New Orleans Cotton Ex-
change. New York Cotton Exchange and
Associate Members Liverpool Cotton A.
ISOLATION.
Special attention given to the execution
Of contracts for future delivery In cotton.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
ARRIVALS OF TRAINS.
DEPARTURES OF TRAINS

Magnificent Pullman buffet sleeping
car service to Norfolk Washington.
Baltimore, Philadelphia and New
York: also to Jacksonville and Tampa.
Solid train TO Brunswick. No change
of cars.
Buffet parior cars, Savannah to
Montgomery.
For additional information, apply to
Ticket Office, Bull and Bryan streets:
phone rs.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

Same day last Year ......- 1919 ~, ga
Charleston, Oct. 7.-Turpentine dull,
nothing doing.
Rosn firm, unchanged.
Wilmington, N. c., Oct. 7.-Spirits
turpentine firm s3@34c: receipts, ls
Rosin firm, s0@95c; receipts, l42.
Crude turpentine steady, $1.O09l. 30;
receipts, 90.
Tar. steady, $40; receipts, 222.
New Orleans, Oct. 7,--Receipts, rosin
SOB barrels; turpentine. 204.
New York, Oct 7.-rRosin steady
Turpentine steady. a.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
COTTON FUTURES.

Aei Closes Barely steady "a
Points Lower.
ket on.l lolk' oct 1.-THE cotton mar
~ opened quiet and Arm with prices
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
SQVQIlQn bQDk \ Trust 60.
Capital $3.50, 600.

JOSEPH d. WEED, President.
JOHN c. ROWLAND, Vice President.
VIM F. McCAULEY, Cashier.
H. CLAY, Assistant Cashier, --~
A general Banking and exchange bust
ness transacted
quarterly. 80 - - ,...
non seounts OF merchants. banks and cor
o,as', can Express Company's letters of
49, issued available In all parts OF the
Corrections carefully made and promptly
for rent N
Correspondents invited.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

Pensacola-Net receipts, ZoO; gross
$50. Exports. -Coastwise 260.
Galveston-Steady; middling, 3-16c;
net receipts. 1874; gross, 1874; sales,
lbs; stock, 91,062. Exports-Great Brit
ain, 1850; coastwise, 5,S87; continent
1885, France, 1854.
Norfolk-Steady; middling. SIC; net
receipts, 2,2l2; gross, 2,212; sales, 3i4;
stock S,003. Exports-Coastwise, 2,sS5
altimore-Nominal; middling, sac;
gross receipts, 1852; stock, 1852.
Boston-Quiet: middIing, sac; net
receipts. L. gross. 2,0o1.
Wilmington-Firm; middling, Sc; net
recei1ts 5,279; gross, 5,27s; stock. 1879
Philadelphia-Quiet; middling. SIC;
net receipts, so; gross, so; stock, 2,605.
Savannah-Quiet; middling, TIC; net
receipts. 9,O96; gross, 9,096; sales, 761
stock, 44,lO0. Exports-Great Britain
66Sl; coastwise, 4,522.
New Oreans-Easier; middling, SIC;
net receipts 1925; gross. 10.S49; sales
5000; stock, T9,411. Exports. Great
Britain. 1850; coastwise, 399; continent
Mobile-Dull; middling. 715-16c: ne,
receipts, 1922; gross, 2,622; sales, 300;
STOCK 1888 Exports-Coastwise, 724.
Memphis-Steady; middling, 1-16c;
net receipts, $3.50; gross. 1883; sales
-'A'V' SUCK, 3D,4I3.
enthusiastically: middling, Sc; net
receipts. 2,469; gross, 2,645; sales, 1889;
stock, 1872.
Charleston-Firm: middling, TIC; mel
Ieceipts, 1855; gross. 1856; sales, 400
978. >po' 20 '--Soas'"ise' -
Cnclnnati--Quiet; middling, SIC; net
ieTelpts' 1885, gross, ESQ; stock, 6,424.
sE.ouisville-Firm middling, SIC.
~ o. Louis-Quiet: middling, 1-i6c
i net receipts. 1,245 gross, 1,245; sales
I4O; stock, 81, S4S.
.houston-steady; middling, SIC; net
ste,. 1887; gross, 1887; sales, 705
new rev York-Quiet; middling, s%c
s,0 1ss receipts. 1886; sales, 1900; stock
'' Ta Exports.-Continent 300
cro otal to-day-Net receipts, 46,052;
c "reat Britain, 1851: France, 1884
'VTnunent, 1920; stock. 352,67s.
en- oo..sondated--Net receipts, Ss,394;
c %reat Britain, 1881; France, 1884;
ga s96. since Sept Met receipts
"a S9So Great Britain, 1891: France
'-'o' continent pa 07a
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

T15GT25.
Baltimore, Oct. dashboard COM
mon 2s9s @26b; do preferred, son a50h (;
do As S1A@s1H.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

BRAN-Job lots. s1,15; carload lots.
si10.
HAY-Market steady; No. timothy.
Job, s1.00; cars, SIC; No. 2. 95497hc;
Job. cars. CSC,
Fruits aud Nuts.
APPLES-New apples. $3.5o@A5o.
BANANAS-sI.2 5@2.00.
LEMONS--Market steady at $4,000
3.25.
PRUNES-2Os to sos, iolkc; 3os to 4os,
SIC; 40s to Sos, 7%c; sos to SOS. INC;
COS 70s SIC; 70s to sos, 6Ac sos to 90s,
sac: Dos to zoos, sac.
PEANUTS-Ampie stock, fair de-
mand; market Arm; fancy hand-picked.
Virginia, per pound. 5hc; hand-picked
Virginia, extra. thc; N. c. seed pea
nuts, 4hc.
NUTS-Almonds, Tarragona. 15hs;
Ivicas, l41zc; walnuts, French 10c: Ma
pies. 13c; pecans. lie; Braziis, sac; fl
berts, 12hc; assorted nuts. 50-pound
and 25-pound boxes. lie.
Dried and Evaporated Fruits.
APPLEs-Exaporate 1oMQ11c; sun
dried. exc.
APRICOTS - Eyaporated, 11h
pound; nectarines. 10iAc.
RAISINS-L. L.. s1.95; imperial cab
inets. $3.50; loose. 50-pound boxes. $40
pound.
PEACHES ~ Evaporated, peeled,
19c; unpeeled, &c.
PEARS-Evaporated. 1o1zc.
sugar and Coffee.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
ON Railway.

Trains arrive and depart Savannah on
90th meridian time--one hour slower
than city time,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

Schedule Effective June rs. 1901.
10 THE NORTH AND EAST.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08
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. 7o@Soc; ROSTERS,
zoe: ducks, 65@70c.
EGGS-Fresh country, zoe.
BUTTER-The tone or the market Is
firm. Quotations: Cooking, lSc; New
York state dairy, 21c; extra Elglns,
23iAc.
CHEEsE-Market firm; fancy, full
cream cheese, 121zc for 20 to 22-pound
average. rs to 3o-pound averages. 12c.
Early Vegetables,
POTAToES-s27 per barrel.
ONIONS - Native, barrels, sS.25;
crates, $1.25.
CABBAGE-s2.00 crate.
BreadstuGrs, hay and Grass.
FLOUR-Market steady. patent.
s4.10; straight, 1915; fancy, $3.50; fam
lily. $3.50; spring wheat, best patent.
$500
MEAL-Pearl. per barrel. 1855; per
sack, s1.65; city meal, per sack, bolted,
s1.55; water ground, s1.65; city grits.
sacks, s1.65; pearl grits. Hudnuts, per
barrel. 1915; per sack, sl.75; sundry
brands, $1.70.
CoRN-The market Arm: white. job
lots, slc carload lots. 79c; mixed corn,
Job lots, soc; carload lots, 7Sc.
RICE-Market steady; demand good;
fancy head, &c; fancy. she.
Prime ...................b
GOOD ........'............ .........tMWAA
FAR ............ .4A W411
Common .,..oh
OATS-No. 2 mixed. carload. 49c; Job
lots. sic; white clipped, cars. SIC; Job
lots, sac.
BRAN-Job lots. s1.15; carload lots.
sl.10.
HAY-Market steady; No. 1 timothy.
Job 800; cars, SIC; No. 2. s5G97hc;
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-08

ssenuDusd on Eighsh Page
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-26
JUSTICE TO ADMIRAL SAMPSON.

Ever since the Sampson-Schley contro-
versy assumed an acute phase the Journal
mas maintained that it was due almost en-
tirely TO the inJudicious friends of both,
who. in endeavoring to secure highest rank
and honors for one, tried 10 belittle the
other. Sampson and Schley have done very
little talking. and, as far as known, neither
has taken any active part in the con-
troversy that has been waged concerning
their respective merits. Both show an ap-
parent Willingness to stand by their records
as they are contained in official reports and
will be established by evidence before the
court Of inquiry. Admiral Schley has
shown this Willingness by asking for the
court. and Admiral Sampson said a few
days ago: II would welcome an investiga-
ton of this whole matter by Congress or
by the Navy Department. but l see no hope
of its being taken up" The fact that both
officers are willing to stand on their rec
ords and the finding OF a court of inquiry
shows they both think they have been un-
fairly treated and m~isrepresented by the
partisans of the other. and it is probable
that when the real facts are brought out
they will show this to have been the case.
Meanwhile, il may be remarked that the
champions of Schley cannot help him any
at the present stage OF the proceedings by
attacking Sampson. Calling the latter a
drawing room hero" and "a fair weather
fighter and 'Schley's inferior In ability
is not going to change the facts as they
are of record. Sampson saw as much active
service during the civil war as Schley did.
and when, at the beginning of the war with
Spain, he was appointed 10 command the
North Atlantic squadron. the appointment
was universally recognized. and especially
by naval officers, as the Attest that could
have been made. BY their present attitude
of hostility TO Sampson. assuming him 70
be the i~nstigator of the charges against
Schley and abusing him as If that could
help their favorite. the friends of the lat.
ter are following the same injudicious
course they have from the beginning. They
should be content with getting justice for
Schley without trying TO DO injustice to
Sampson.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-26
NATIONAL CAPITAL NOTES.
Batch of Items of Especial Interest
to Indiana

Special TO the indianapolis Journal.
WASHINGTON, July 25.-Rural free de-
livery service will be established Sept. 2
next at Brazil. Clay county. Length Of
route, 22ia miles: area covered. % square
miles; population served. 900; number OF
houses on route. $50: carrier. J. II. Hen
derson. The ~postofice at Cardonia will be
supplied by rural carrier from Brazil.
one additional letter-carrier has been
allowed the postmaster at Fort Wayne, to
begin service Oct. /.
William ". Bishel was to-day appointed
a substitute letter-csrrier in the Elkhart
postOffice.
Claude Sienbenthal. of Bloomington. and
to-day appointed assistant biologists in the
geological survey service.
The bonds OF Stephen q. Stark, as post
master at PimentO. Vigo county, ana John
". holland. at Tippecanoe. Marshall
county. were approved and their commits
sions issued to-day.
United States DisUic Attorney Healing
stopped over IN Washington to-day on his
way home from Atlantic City long enough
TO ask the Department Of Justice 10 in
crease the salary OF his assistant Jesse
A. NJ. Higgins, trustee OF the Terre Haute
carriage works. stopped over here for a
few hours to-day on his way home.
The secretary or the treasury has de-
cided that. I'm lieu Of Atty cigars which in
coming persons from a foreign country
may bring into this country without the
payment OF duty. they may bring in 800
cigarettes.
Lieut.. Col. Thomas II. Hamburg. corps
OF engineers. has been relieved from duty
at Detroit. Mich, as engineer Of the Elev-
cinnAti. o.. az engineer for the Central diyi-
sion.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-26

As much as any white man in the South
now a member OF the Senate. Senator Dan
iel. of Virginia. can be regarded as a
Democratic leader and exponent OF the
ideas of the Southern Democracy. At
the same time. his high personal charac-
ter. his abilities and his disposition 10
consider many questions on their merits.
make him 4 popular man I'm the Senate.
He is a member OF the Virginia conven-
tion row revising the Constitution Of
that state. Last Saturday he submitted
to a committee Of which be is a member
a proposition relative 10 suffrage. II pro-
vides that, TO vote. a citizen must have
resided in the State two years: he must
have prepaid a poll tax OF 81 at least six
months before election day; he or his father
or his wife must own property 10 the value
OF $500: he must be able 10 read the Con-
stitution, OF understand IL when IT Ia read
TO him. These requirements are TO be
waived In the case of all citizens who are
over sixty years OF age. or who have borne
arms In the service OF the United States,
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-26

The free-trade Philadelphia Record has
learned that Canada no longer cares for a
reciprocal treaty with the United States
try. 1t tells us that Canada has ~snuggled
closer to the home government. This may
be true. but, if so. the statistics are at
fault. During the fiscal year 1883 our i'm
ports from Canada were valued at $34. 707,-
600 and our exports TO it $50, So, $50. During
the fiscal year 1899 Canada sold us $31, COS, 900
of its products and took $50, 600 of ours.
We can stand that sort of thing even if
Great Britain does pay % per cent. less
duties on goods sent to Canada than does
the United States.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-26

Proclamation by the President in Ac-
cOrdance with the Foraker Act.

WASHINGTON, July 25.-The President
issued his proclamation establishing free
trade between Porto Rico and the United
States and declaring the organization of a
civil government for the island. The proc
lamation is purely formal. and only in the
body of the resolutions adopted by the
Porto Rican Legislature heretofore pub
lished) does it appear that the island is set
free commercially to-day in commemorative
of the anniversary OF the planting of the
American flag on the island. The proc
lamation is headed. Cessation of Tariff
Rorto Rico 1t recites the act OF April
y, 1900 otherwise known as the Foraker
acD, providing that whenever the Porto
Rtcan Legislature has enacted and put into
operation a system OF local taxation to
meet the needs OF government, and by reso-
luton so notified the President, the latter
shall issue a proclamation, and all duties
on goods RAISING between the United States
and Porto Rico shall cease. As the Legis-
lature has complied with that requirement
of the act in terms set out in the resolu-
tons, which are quoted in full in the body
of the proclamation, that document says:
ident of the United States, in pursuance OF
the provisions of the law above quoted and
on the foregoing due notification. do hereby
issue this, my proclamation, and do declare
ard make known a civil government for
Porto Rico has been organized in accord
ance with the said act oil Congress. And |
do further declare and make known that
the Legislative Assembly OF Porto Rico
has enacted and put into operation a sys-
tenn of local taxation 10 meet the necessities
of the government Of Porto Rico"
Assistant Secretary Spalding to-day gave
Geographic notice 10 all collectors of GUS
toms that free trade exists on and after
to-day between the United States and Porto
Rico