davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

amongst the few stocks in which the
principal activity was conferred. The
same preference was shown for the
low-priced stocks to-day with the ex-
ception of a speculative incursion into
the trunk lines and Vanderbilts. An
attempt was made to bring the specu-
latfon back into the high-priced rail-
roads of the West, but 1t will be OBJ
served that the desire to take profits
on the considerable advance which
those stocks have had was still too
eager to allow much upward progress.
The United States Steel stocks re-
newed the struggle to advance, but
again met very heavy sales at all
stages. Some of yesterdays conspic-
uous low-priced stocks were acutely
affected by profit-taking. This was
notably true of the Chicago and AL
ton stocks. The evidence of profit
taking In these and the sudden de-
cline of over points in Colorado Fuel
after APPOINT advance had a decided
ly chilling effect and put sudden
stop to the activity of the market,
leaving it at level, which fairly av-
eraged below last night. The opening
advance in Colorado Southern and
Kansas City Southern was attributed
to the same forces, as was the Chi
cago and Alton movement yesterday.
These movements are supposed to sig
nalize the return Of the Western con-
tingent from the corn market to the
stock market. The tone Of doubt and
hesitation shown in the market for
the July corn option at Chicago was
taken as a warning for possible specu-
lative surprises. The check thus
brought about to the animation of The
market was changed again by the
heavy demand developed for the Read
ing stocks and the coalers. This de-
mand was undoubtedly based upon
the assumption that the coal miners
convention will decide against a gen.
eral. strike. Late in the day Chesa-
peake and Ohio renewed it's strong
advance to the extent of 27s, but with
out checking the selling to realize at
other points and making the closing
irregular. Although there was sup
posed to have been an extensive spec
ulation upon the unknown chances of
ration at the unchanged rate failed to
arouse that stock from the torpor in
which 1t rested all day. The days ac-
tivity evidently represented the prose-
cution of a regular campaign for an
advance which was based to-day upon
the absence Of any unfavorable fac
tors. rather than upon any new de-
velopments favoring higher prices. Call
money rates worked easier to-day,
and there was a diminution of the
pressure from the interior for cur
rency. Sterling exchange maintained
It's firm tone and time loan rates are
strongly held. The controllers call
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

New York, July 1.-THE lack of in
terest in cotton which has been APP
parent for several days was again
obvious to-day but the lull is not re-
garded as more than temporary. Cot
ton will be needed by those who re-
quire it before a great while and no
matter how brilliant may be the crop
prospects "a heavy demand must set
IN, so contend the bull faction on
the other hand prices are so much
higher than last year that this fact
keeps buyers aloof. Some believe the
movement of cotton on a free scale
will depress the market and others
that the new cotton will be grabbed
up so rapidly by mills that no impress
sion on prices is likely to follow.
Meanwhile the new crop movements
are regarded as likely to show decided
Improvement, the notion prevailing
that all the cotton raised this season
will be absorbed even If it should ex-
coed the old crop by as much as a mill
lion bales. AS a rule clear weather
prevailed over the South to-day. Dur
ing early June much was heard of new
cotton moving and later on the talk
was July would show a heavy move
ment of new cotton, now it is said
that August will show the new cotton.
The fact that the crop is spotted
one and more so than known for years
caused the claim that the crop will not
turn out as heavy as expected. Port
receipts to-day $500, against 5000.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
H. g b. beers Cotton Letter.

New Orleans. July 17.-Notwith-
standing Liverpool advices we were
encouraging our market opened I'M
changed to / lower, but advanced / to
2 later on fresh buying. AS soon as
this demand was filled values became
easier and sold off slightly until near
the close when they became somewhat
steadier, y showing practically no
change from yesterdays prices. The
weather is clear throughout the belt.
and the rainfall, which was very light,
during the past twenty-four hours,
was confined to the Savannah,
Charleston New Orleans and sOklaho-
ma districts. There is, however,
low pressure in the Southwest and
high pressure on the South Atlantic
coast which is indicative of unsettled
and threatened weather in the South
ern States. The strength of the near
positions and the strong statistical cal
culations Offset the favorable crop out
look, and act as a deterrent to seller of
new crop months. For the moment
operators are apathetic and awaiting
developments before entering into new
engagements.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

more than all else to hold the early
market steady and to disturb the
smaller shorts. The crop and weather
reports were summed up as bearish on
the average, while the official govern
ment forecast pointed to light showers
and. thunderstorn1s only for tonight
and tomorrow. The spot markets of
the South were dull and unchanged
from yesterday; rather more hopeful
news was received as to the ruling of
the print cloth market in the East. In
the afternoon prices slipped back point
py point under profit taking by the
room contingent and a few outside in
terests who found buyers few and far
between. August eased off from $40 to
SAC, with other months following d
similar movement.
Inc market was finally quiet and
steady, with prices l point lower to 1
point higher. Total sales were estimat-
ed at 10000 bales.
Europe bought a few lots of the late
months in the morning, but sold in the
afternoon.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
TRADE AND FINANCE
mrs TOOK ANOTHER TUMBLE
IN OUTLOOK FOR TODAY
DUBIOUS.
COTTON MARKET DULL.
,oI1s CONTINUE FIRM. MAINTAIN
ING THAT TONE ALL DAY.

ou,Iook for Cotton Crop Excellent,
saws capt. James-Has 1880 Acres
the Stanle in Almost Perfect
conditfom--New York and New Or
,ux Future Markets DulI-TeIe-
.,raDhic Markets.
Morning News Office,
Thursday, July II.
-be dullness that has characterized
~ local cotton market for the past
A.w weeks was unbroken Yesterday. No
-.o,ss were made in spot cotton and in
+be T O. b. branch there were very few
,rouiries and still fewer sales and such
&c we're made were coasting freights.
The outlook for good crop contin-
uae excellent. Capt. T. j. James of
ADRIAN. who was in the city yesterday,
savs the crop in his section is excel
lent He himself has 1890 acres and
taking 100 as the basis of perfect stand
his crop will average 80.
The New York future market opened
dull one point lower to higher and
closed quiet and steady l point lower to
higher. The market was quiet in New
orleans also.
Spirits had another off day also, the
market opening firm, but at half a
cent lower than the closing prices of
Yesterday, and closing quiet and un-
changed, but with>a doubtful outlook
for tomorrow as sales at half a cent
lever than closing prices were reported
in the late afternoon. Resins opened
and closed firm, and this tone contin-
ued during the late trading, after the
market had closed. A resume of the
market follows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
LIVERPOOL COTTON MARKET.

Liverpool July 17.-Cotton, spot, good
business done; prices easier; American
midding fair, 5 3-32d. The sales of
the day were $1,000 bales, of which l.
900 were for speculation and export
and included 1860 American Re-
ceipts, 1000, including 500 American.
Futures opened quiet and closed
steady; American middling, good ordi-
nary clause, July, 456@457d buyers;
July-August, 4.56d buyers; August
September, 4.46@4.47d buyers; Sep
tember-O October, 4.32d buyers; October
November, 4.25d sellers; November De-
cember 4.21@4.22d sellers; December
January. 419@4.20d buyers; January
February, 4.19@4.20d sellers; February
March, 4.19d sellers; March-April, AIS
0419d SELLERS
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

Trains arrive Savannah as folloWs.
No. 20, daily. from New York, Wash
ington, Richmond and Cincinnati, 4:50
a. m.
No. 49, daily from New York and
Washington. 505 p. m.
No. 80, daily, from all points west,
via Jesup, 1920 a. m.
No. "a, daily, from all points west,
via Jesup los p. m.
All trains arrive and depart from
the Union Depot.
THROUGH CAR SERVICE. ETC.
Trains SO and 81, NEW YORK
AND FLORIDA EXPRESS, Vesti-
buled limited trains, with Pullman
Drawing room Sleeping Cars between
Savannah and New York. Connect at
Washington with Colonial Express for
Boston. Pullman Sleeping Cars be-
tween Charlotte and Richmond and
Charlotte and Norfolk. Dining Cars
serve ali meals between Savannah and
New York.
Trains SO and "a connect at Jesup
with through Pullman Drawing room
Sleeping Cars operated from and to
Kansas City via Birmingham, and
from and to Cincinnati via Chatta-
nooga.
Trains 90 and 80, THE WASHING
TON, RICHMOND AND FLORIDA
LIMITED. Vestibuled limited trains,
carrying Pullman Drawing room
Sleeping Cars between Savannah and
New York, via Richmond. Dining Cars
serve all meals between Savannah and
Washington. Also Pullman Drawing
room Sleeping Cars between Savannah
and Cincinnati. through AsheVille and
The Land of the Sky"
For information as to rates. sched-
ules, etc. apply DO
c. H. ACKERT, G. M.
S. H: HARDWICK. G. P. A. Wash
| ington, ID. c,
W. Ii. TAYLoE. A, G. P. A., Allan
| ia, Ga.
r. c. BLATTNER. Depot Ticket
Agent. Union Depot, Savannah, Ga.
f. G. THOMSON. C. P. & T. A., Sa-
vannah. Ga, 141 Bull street. Phones
$50.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
STOCKS AND BONDS.

New York July 1.-THE aggregate
sales of stocks to-day show a further
increase in the volume of dealings
which fairly crossed the million-share
mark. Substantial upward progress
was made. and the market was broad
In the sense that a large number of
different securities were dealt in, and
the trading was also better distributed
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
MONEY MARKET.

New York, July 17.-Money on call
easier, 1904 per cent; closed offered
at 2 per cent. Prime mercantile pa
per 4hQ5 per cent. Sterling exchange
firm with actual business in bankers
bills at $4.s7M for demand, and $4.s55s
for sixty days; posted rates, $4S60
1861 and $4.SS1z04.S9c; commercial
bills, s4.S4s4 @4.s5%. Bar silver 527sc.
Mexican dollars. 41Ac. Government
bonds weak, state bonds inactive, and
railroad bonds firm.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
NEW ORLEANS COTTON MARKET.

New Orleans, July 17.-There was
rather more business done in spot cot
ton to-day.
The cotton contract market is en-
tlrely featureless and even the
weather map does not seem to exer-
else any influence upon it's course. At
the opening October sold at 7.74c and
December at 7.64c, both figures repre-
senting inside prices as compared to
last evenings closing. After the call
trading Jagged and up to the close the
market did not vary more than point
from the initial trades.
New Orleans, July 17.-Cotton flu
lures quiet. July, 9.0Sc, bid; August,
8.64@S.65c; September, S.05@S. 06c; ;
October. 774a775c; November, 7.64@
1850; December, 7.64@7.65c; January,
1891 csc.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
SEA ISLAND COTTON.

Friday, July IL.
~. IN the absence of demand the mar
49, ~ developed no new features during
me past week, and quotations remain
ABOUT unchanged. While it is the cur
r re Understanding that consumers will
r vqulfe more cotton. it is probable they
y.h sh 70 watch the weather situation
i %I!Ie before operating. The crop is
80 now at stage of it's growth which
I'm or easy damage. For some
So sue drought has prevailed over the
~ a + sand cotton country, and not un-
Nv, me tne past week has it been broken
an ~ Intermittent showers. Pending the
M ult OF the showers the market shows
g. 'enoency to act either way. The
SS mo n sight to date is 81, Az, against
last. anu 'o'oVo year before
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
COTTON FUTURES.

ka New York, July 1.-THE cotton mar
To-. opened dull with prices 1 point
nr "er TO 2 points higher and in a leis-
WI, way on light general buying
er-eN5u higher after the call. The Liv-
T-n,aII. market was about as expected.
Uncertainty as to lust what the Tnlv
ara arg August options would do before
settlements were effected. did
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
COTTON FUTURES AT NEW YORK

New York, July 17.-Cotton futures
opened dull; July, s.7Oc; August, S.46c;
September, S.09c; October, 1900: No
vember, 1880; December, 7.7Sc; jan
uary, 7.7sc; February, 7SOc; March,
Futures closed quiet and steady:
July, s.70e; August, SAC; September.
S,O7e; October 1900; November, 7.SOc;
December, 7.79c; January, 1850; Feb
ruary, 7.7Sc: March, 7S0c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

OHdTItslOH, ,. 2, July II.-IuTpen-
tine and rosin, unchanged.
Wilmington, N. c., July 17.-Spirits
turpentine, nothing doing; receipts, 81
casks.
Rosin steady, $1.1O@1.15; receipts, 222
Crude turpentine steady, $1.40Q2.5O
and $3.50; receipts &c.
Tar firm, $1.50; receipts "a
New Orleans. July 17.-Receipts,
rosin, ITO barrels.
New York, July 17.-Rosin steady.
Turpentine quiet.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
DRY GOODS.

New York, July 17.-Dry-goods:
Home demand for cotton goods. while
gradually improving. is still quiet in
the aggregate. There is no change in
prices of brown bleached or coarse
colored cottons. Prints and ginghams
are in average request at unchanged
prices. Print cloths are firm, but bust
ness mainly confined to wide goods.
Silks are firm with a better demand
than of late
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
FINANCIAL.
MONEY-Market easv.

MONEY-Market easy.
FOREIGN EXCHANGE - Market
steady. Commercial demand, sterling
$4.S71s; 90 days. $4.S41k; 80 days, 81 S31s;
French, 5.19; Swiss, 60 days, 5.22: Bel
gian, 5.20A marks, so days, 959s; 80
days, SAY.
DOMESTIC EXCHANGE - Steady;
banks are buying at 75c per NJ. dis
count; selling up to 5@25. loo; 25@5O.
15c; 5o@10O, zoe; 100000, Csc; 2o0@3OO
3Oc; 100000. S5c; 4O0@50O, Acc; 5OO@6OO,
45c; 600 and over. 75c per M. premium.
SECURITIES.-Loc market is in
active, but undertone is firm,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

firm at 44c. with sales of 1856 and
closing quiet and unchanged. After the
close some sales were reported at 431ac.,
but the greater part of the receipts
were held by factors for better prices.
The receipts were 1,64S, and exports
419.
ROSINS-The rosin market opened
firm at prices below with sales of l..
7o2 and closed firm and unchanged
without further sales. In the late af-
ternoon they continued firm at quota
lions. The receipts were 1896, and ex-
ports 1921. Prices as follows.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
Savannah Bank
and Trust Go.
Capital, $35O,OOO.

JOSEPH ID. WEED, President.
JOHN c. ROWLAND, Vice President.
WIN. F. McCAULEY, Cashier.
SAML. L. CLAY, Assistant Cashier.
A general banking and exchange
business transacted.
Savings Department, interest
computed Quarterly.
accounts of merchants, banks
anu corporations solicited.
American Express COnpany's let
tiers 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, 1902-07-18
Hubbard Bros. q Co.'s Cotton Letter.

New York, July 1.-THE dullness
and general conditions remain I'M
changed. Business is, very quiet and
such small trading as there is, is local
The market advances on any buying
orders to subside on a selling one. The
local trade waits some new feature
and the lapse of time.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
MURPHY & CO.. INC.

Board of Trade Building, Savannah.
FrlVate leased wires direct to New
Aork, chicago and New Orleans.
SolEoN, STOCKS AND GRAIN.
New York Once, No. 81 Broadway.
onnces In principal cities throughout
tne south. Write for our market man
uai and book containing instruction for
traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
COTTON.

Spot cotton closed quiet and I'M
changed with no sales. In the f. o. b.
market there were some bids at 3-16c
and some coasting freights were made
at that figure, which under the circum-
stances really amounts to the market
price of 9Ac.
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, 1902-07-18
Market quiet; sales. none.


NalVeston-steady; middling, 15-16c:
net receipts, %; gross, %; stock. 1912.
EXports-Coastwise ESQ
Norfolk-Steady; middling. &c: NET
1872 90 S'0e NJ
baltlmore-Nominal;. middling, 9Ac;
net receipts. $50; gross, $50; stock. 6,Is4.
Boston-Quiet; middling, 9 5-16c,
"lmlngton-Firm; middling, SIC;
stock. 1901.
Philadelphia-Quiet: middling, 9 O.
doc; net receipts, SO; gross, so; stock,
savannah-Quiet: middling. sac: net
receipts 457; gross, 457; stock, S,216.
Axports--Coastwise, 246.
New Orleans-Quiet; middling, &c; net
.ecelpts. 255; gross, 255; sales, 900;
Mobile-Nominal: middling. sac.
sales 100: stock, 5,527.
Memphis-Quiet; middling 3 15-tsc.
net receipts, 2; gross, 2; stock, 11,S47.
Augusta-Quiet steady-middlinc &c:
net receipts. 81; gross, 81; sales. 49,:
stock, S,O46. 80
.Cnafleston-Quiet; middling, nominal;
rocaiH calnnsati-Quiet; middling. 9Ac net
'eIelpts' 1873; gross, 1888; stock, 9,642.
GG,oulsville-Firm; middling, 91Sc.
%. Louls-Dull: middling, s 1850:
''e1 receipts, %; gross, 1854; stock, 1927.
,Plo3uston-Quiet; middIing, SIC; net
ag9c-g z 10; gross, 16; sales, 2S7; stock,
s, MeW York-Quiet; middling, Slice;
- TN ia, 500: Exports-Continent, 200
c lotal to-day-Net receipts, 2,321;
01rrtInent. 1,050; stock, 26S,013
oohsol1dated-Net receipts, 12,17s;
ti Britain, 6,1S6: France, 2,074: Con-
'lnent, 1S.Oos.
5 oot .ad since Sept. 1st-Net receipts,
FI5p ro' Great Britain, 1881, SAB;
france, 72S,47o; Continent, 2,772,s4s.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
an Southern
ON Railway.

Trains arrive and depart Savannah
by S0th meridian time-one hour slow
er than city time.
Schedule Effective July l. 1902.
TO THE NORTH AND EAST.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

IL YOU WANT GOOD MATERIAL.
and work, order your autographed and
printed stationery and blank books
from Morning News, Savannah. Ga.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
NAVAL STORES.

Thursday, July II.
SPIRITS-The turpentine market
went off another half cent, opening,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
Merchants Z Miners transportation Go
STEAMSHIP LINES
To Baltimore & Philadelphia

Tickets on Sale to All Points North
First-class tickets include meals and
perths Savannah to Baltimore and
Philadelphia. Accommodations and
cuisine uneQualed.
The steamships of this company ara
appointed to sail from Savannah an
follows Central Standard Time):
TO BALTIMORE.
*NEw ORLEANS, Capt Kirwan, SAT-
URDAY, July 10, at p. m.
TEXAS. Capt. Peters, TUESDAY,
July %, at 600 p. m.
ITAsCA, Capt Hudgins, THURSDAY,
July "a, at 700 a. m.
HUDSON, Capt. Robinson, SATUR-
URDAY, July rs, at 500 p. m.
steamship New Orleans carries in
termediate passengers only.
TO PHILADELPHIA.
d. H. MILLER, Capt. McDorrnan,
SATURDAY. July IS. at 500 p. m.
ALLEGHANY, Capt. Chase, WE'D
NESDAY, July 20, at 500 a. m.
BERKSHIRE. Capt Ryan, SATUR~
DAY, July rs, at 500 p. m.
d. H. MILLER. Capt. McDormans
WEDNESDAY, July 80, at p. m.
Ticket Office. No. liz Bull street.
]. w. SMITH, Agent
j. A. DUFOUR, Trav. Agent.
Savannah. Ga.
w. p. TURNER, G. p. A.
A. d. STEBBINS, @. M
J. c. WHITNEY, I'd v. p. and T. NJ.
General Offices. Baltimore. Nd.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

*Daily. sExcept Sunday. tSunday
only.
Connections made at terminal points
with all trains Northwest. West and
Southwest. III
Sleeping cars on night trains between
Savannah and Augusta, Macon. At
lanta. Columbus, Ca. and .Birming-
ham, Ala.
Train No. 1, leaving Savannah at Z
a. m, does not make connection for
Augusta on Sundays.
Parlor cars on day trains between
Savannah, Macon and Atlanta.
For complete information, schedules,
rates and connections, apply to
w. G. BREWER. City Ticket and
Passenger Agent. 1o7 Bail street, or
w. R. MCINTYRE, Depot Ticket
Agent.
J. C. HALLE, Gen. Pass. Agent.
F. ]. ROBINSON, Asst. Gen1 Pass.
Agent.
w. A. WINBURN, Vice President and
Traffic Manager.
THEO. D. KLINE. General Supt.
Savannah, Ga.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

BETWEEN SAVANNAH AND TY-
BEE.
Trains arrive at and depart from
Tybee depot, Randolph street, foot of
President.
Standard (ooth meridian) time, one
hour slower thai Savannah city time.
LEAVE SAVANNAH.
Week Days-5:45 a. M, 900 a. M, 2:S0
p. M, 4:2e p. M, 900 p. M, TAO p. m.
Sundays-7:25 a. M, 900 a. M, II 100
a. M, 2:30 p. M. 4:20 p. M, COO p. M,
TAO p. m.
LEAVE TYBEE.
Week Days-5:00 a. M, 700 a. m,
1000 a. m, sos p. m, 6:45 p. m, 500
p. m.
Sundays-5.0O a. M, S:15 a. M, 1000
a. M, 1850 a. m, sos p. m, 6:45 p. M.
800 p. m.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18

CONTINUED on Eighth Page)
The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-18
Atlantic Coast Line Railroad Co.

EFFECTIVE JULY 9Th, 1902.
dian Time-One Hour Slower Than City Time.