davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
81. & B. Beers Cotton Letter.

NEW ORLEANS. Aug I3-Iiverpool ad-
vices were disappointing. consequently our
market opened points lower. subsequently
advanced 6dlo from the bottom on heavy
buying by Wall Street. but eased off slightly
near the close, making the net gain 2M3 points
on near months and 4Q6 late The stub
bornness OF the market in the crop op-
tions, the value of the same being practically
now what they were three months ago is due
TO the timidity shown by operators to sell
them short owing to the existing discounts
The present crop outlook is favorable and
points to a large yield. but it is n avertheess
coDtended that the most critical period of the
plant must be gone through during the next
six weeks and that a marked change for the
worse may materialze during the period 1t
Is also claimed that the consumption this
year OF American will fange from 10. 500. 900
to 10. 700 900 that next season at least H.
600, 900 Of American will he requisite In
sequence OF a number OF new mills being built.
Therefore it is essential that growing crop
quirements and. leave a surplus at the end of
next season. With this view in mind many are
buying the theory that prices cheap
enough even II the yield is large. whereas II
any serious disaster were To overtake the crop
in the next six weeks sharp advance is
pected. On the Other hand. European textile
trade Is not good and II is claimed that these
spinners are carving large stocks of manu-
featured goods which will preclude their
teripg the market on the present basis. The
crop prospects could hardly be better the
whole and 1t is conterded, that 1t is hardly
possible that any lferioAs bdisaster can take
place to the crop No l8se in the season. We
our friends can that the daily weather con
ditons, the demand for spots and the move
ment will continue TO regulate the future
course OF values.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
H. M. Scale & Co.'S Cotton Letter.
TRy Special Iaosad VVira

NEW ORLEANS. Aug l3-There was a
general display Of timidity on the short side
or cotton in the various markets today in
f1uenced mostly by high temperatures in the
peit accompanied by complaints Of shedding
ana worm damage, especially from Texas
where the outlook has been pictured with the
execution OF the flood area being decidedly
satisfactory Liverpool started by reporting a
slight Improvement in deliveries and a frmness
In spots and during the entire session here a
steady tone was inevidence. The conservative
element, however, were not disposed to at
tach much significance to the days develop
ments and on the whole the tendency Of prices
was more disposed toward fuctua tions than
settled course. Closing quotations are pas
points higher than yesterday. The market
seems destined for various surprises before the
new season is fairly opened. such. as charac-
terized today's events and traders will for the
present at least find interesting occupation
trying TO determine the nature Of the next
surprise. Meanwhile bearish sentiment con-
tinues in the majority under persuasion that
the early movement will be heavy and exert
a detrimental influence. but on this point
there are no positive opinions and the in
ciination on both sides is rather to go slow and
watch fresh developments
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Chicago Grain and Provisions

CHICAGO. Aug. I3-Grain markets see
sawed today. starting firm. slumping and then
reacting sharply to strong closing figures
Trade active and changes in the specula-
tive feeling were radical. Less confidence by
the bears in the Spring wheat harvests was
the pr rcipaI bull argument. At the close 81 n
TENDER wheat IhNlAc Up, September
corn y higher and September oats lie higher
Provisions were an exception to the general
trend and turning sick closed $4,000 lower.
Wheat was unsettled. Strong Liverpool ca
bles on the bad weather abroad gave bullish
Incentive to the early trade. Winter wheat
receipts. however, proved heavy and much Of
the short wheat covered yesterday was for sale
again. Selling in good volume began and
prices slipped off rapidly until almost lc was
lost Then reports Of disappointing
yields in the Spring wheat country. Tile
weather Northwest was too rainy Brad
streets reported the worlds available supply
decreased by 300 900 bushels Minneapolis
expected stocks there to decrease 300 GOO
bushels The seabosrd reported so loads taken
for export. Shorts at once covered aggressively
and prices jumped &c from the low prices of
the day September opened AG'sc up ar 69h
d6eA slumped to 6ShG69h and reacted to a
strong close. Ih6IA up at 7ohG7oh Re
Duluth reported los. a total for the three
points of 3o6. aalnst 449 last week and 345
year ago, Primary receipts were S65 600
bushels. against l.I76, 900 last year Sea
board claarances equaled 225, 900 bushels.
Prices in corn started strong on fair cash
demand and filling Of buying orders by com
mission houses. Then began selling in sym
pathy with the wheat break. The weekly crop
report was hearish and many tinlid holders let
GO Shipments to this point were only "a
cars yet prices sagged until September sold
from syn to 5lss. Then came fresh buying
by influential houses, started principally by
the wheat rally and prices reacted Septcm-
Der closed firm. u up at 529s
Oats showed more consistent strength than
ANYTHING on the floor Bears in this pit are
figuring a 900, 600, 900 bushel Weld this year
and declare prices cannot hold. but at the
same time the bulls give the market such sup
port that prices needs must advance. II seems
impossible to get contract oats piled up here.
The cash situation today was strong. Sep
tamber buying was excellent and the late
strength in wheat and corn helped prices up
ward. Trade was largely scattered. Septem-
her sold as low soc. but closed strong lc
up at 3IQ3lM Receipts. 80 cars.
Provisions opened steady on n show Of
hrmness in hogs but at once turned heavy,
hogs declined. Later offerings We're
and the poor demand took prices
down quickly. Late there was rally on the
grain strength but the close was weak. Sep
TENDER pork closed 3oc lower at SIG; Septem-
Der lard Sc off at SIo5 so and September ribs
SOC lower at SO so.
The leading futures ranged as follows:
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Murphy & Co.'S Qnc.) Cotton Letter.
TBy Private Wire.l

NEW YORK. ,Au I3,-After opening a few
points lower cotton this morning was again
steady disturbance in the Windward
islands and Cuba scared shorts and prices
quickly rallied 3a5 points over yesterday. but
the transactions were light. AdNices from the
South this morning were generally of a bear
ish character regards the crop moreover,
the Government report indicated beautiful
weather over the entire cotton belt The eX-
treme heat in Texas in the past week has
been harped upon by bulls, hut at the same
time fail to hear any reports of its Ill
effects on the plant. As regards present p ICES
best people regard them quite moderate and
cannot figure a crop of over 900 900 II.
excess of last year, which is certainly ih
eral allowance and such a crop is not excess
sive The main point to be now feared as re-
CARDS prices is the effect of the daily increas-
ing receipts which naturally must swell de
cidedly the next thirty days and continue
for many weeks. Reports from Mississippi,
Georgia and the Carollnas complained Of
spotted conditions and the president Of the
Texas Cotton Growers Association vas quoted
as estimating the loss 10y flood at 100, 900.
Port receipts today were estimated at 1000.
against 900 last year.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
THE NEW STAR.
Some Unexpected and Startling
Changes Detected.


Prof. Wilson Upton in Providence Jour
A little over a year ago the most re-
markable new or temporary star of
modern times appeared in the constella-
ton Perseus. The star was not in any
catalogue and two days before it's dis
covery it was not bright enough to be
shown on a Photographic plate of the re-
gion containing stars which have but one
hundredth of the light given out by the
faintest star to the naked eye. On Feb
ruary %. two days after the discovery,
it reached its greatest brightness. when
1t was as bright as Capella, the third star
in order of brightness in the whole heaV-
ems. 1t waned slowly and with several
well-marked fluctuations in its'n light, and
in two months was on the limit of visi-
bility to the naked eye. 1t is still easily
visible in telescopes of small size.
During its decrease in brightness it
changed color from white to dull red,
and is now somewhat greenish in tint,
The spectrum was at first continuous.
such as. is given by the light from
glowing solid or liquid body or from a gas
under pressure; then bright bands were
formed. which later assumed the form
and position of the bands in the spectra
of ne5ulae. All these changes were ex-
pected. as they followed closely the his
tory of similar stars in recent years.
But within a few months most unexpeet-
ed and startling changes have occurred
which have made the star once more the
chief object of interest in the sky. The
nehulae which surrounds the star, or into
which the star has been changed. has
been successfully photographed at several
observatories which are equipped with
telescopes of great power, and it contains
several centres of condensation whose
positions are shifting so rapidly that their
motion can be detected in photographs
taken but several days apart Careful
attempts to determine the parallax of the
star show that it is inappreciable; the
star, therefore. is at a very great distance
from the earth. There seems to be no
doubt that the actual motion in the neh-
ulae is greater than anything heretofore
dete cted The velocity must he as great
as that with which light travels, and the
nature of such a motion is as mysterious
as that of light itself
Already the theories which attempt to
account for the birth and life history of
the various bodies in the universe are
being remodeled to include these newly
discovered facts. and the new theories
will probably suffer later rejection when
more facts are found which conflict with
them. The mysteries of the universe be-
come more unfathomahle the deeper we
are permitted to explore them, and as
knowledge increases the extent of that
which still remains to he explained in
creases also.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New York Coffee and Sugar.

NEW YORK, Aug. 3-Cohee-Spot Rio,
dull; No. invoice. 5 Sic; mild. quiet; Cor
dova, Bal ~.
Sugar-Raw, firm; fair refining. 1916:
centrifugal 9 6test, 1882: molasse5 sugar,
I-l6; refined. steady.
Coffee futures opened stea'v and unchanged
to 5 points lower and during the first half
Of the session ruled featurelrss and extremely
dull but without further change in values.
European cables reported bearish situations at
both Havre and Hamburg and considerable
losses for the day. on scattered covering de-
mand prices steadied slightly in the early
Afternoon but near the close pear selling and
liquidation in absence Of demard caused a
weakening of the list. October November los
ing 10 points and late months 5. August and
September remained unchanged. receiving some
support from bull leaders. The market finally
was quiet net unchanged to 10 points lower
Sales amounted to 80 $50 bags, including
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Daily Cotton Market.

NEW oRLEANS-Ton easy: sales. l,o5o:
ordinary. S.; good ordinary. ~; low mid
ding. ~: middling. 5-l6; good middlinG,
9 g. i6. middling fair. 8 s. 6; receipts. 4S:
stock. 50 946 -4a
gross receipts, Gal; sales. 7oo; stock. 3.3l4.
NORFOLK-Tone, quiet; middling. 9; gross
receipts, 3Sj sales "a: stock. 3.22S.
BALTIMORE-To1e. nominal: middlng 9h:
gross receipts. $780, stock, 2.e59.
BOSTON-Tone. easy; middlinG. 9; net re-
ceipts. "; gross. 81
wILMINGToN-Tone, firm; middling. S%
gross receipts. |: stock. 72l.
PHILADELPHIA-Stead middling. ek
gross receipts. 90; stock $40.
SAVANNAH-Tone. quiet: midding S%
gross receipts, 332: sales 26: stock. 7.435.
MOBTLE-Tone. nominal; middling, 81;
gross receipts. 5; stock. 1921.
CHARLESTON-Tone. quiet; middling, SS;
gross receipts. 4; stock. 80.
ST LOJrIS-Tone, quiet; middling. 8 IL Is:
gross receipts. a. sales 500; stock. 1881.
NEW YORK-Tone, quiet: middling. 9: gross
receipts .264: sales. $50; gross receipts.
90, esq: exports to Great Britain 100: to the
continent. 1900.
Total today-Net receipts. 1881: exports to
Great Britain, 500: to France. 3.2ol: to the
continent, 5. GA; stock, $50, $50.
Consolidated-Net receipts. 5.6I4; exports to
Great Britain, 1866: to France. 1928; to
the continent. %. 100
Total since Sept. Net receipts. 7.55eoll;
exports to Great Britain. 3,oo8 o32; to
France. $40 e6l; to the continent. 2,7e4.533,
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New Orleans Spot Cotton.

NEW ORLEANS. Aug. BIN the spot cot
ton market buyers are apparently having the
best of IL. Sellers are asking board figures for
their holdings. but the purchasing element will
not trade upon that basis and takings are
generally accompanied by slightly lower shad-
ings. New crop cotton is not yet coming in
any quantity, but Texas is asking for bids for
immediate shipment and 1t is probable that
the strain of meagre supplies will not last
many days longer Sales, 1850 bales. includ-
ing 200 (. o. b. terms. Quotations unchanged.
The market for the delivery of future con-
tracts opened 8 points lower: the fluctuations
frequent and fairly wide, but the trad
ing was very light. with the exception of
squirt of buying New York orders, which
carried prices up 6dS points The market at
the close showed net gains of points Au-
gust, 3 on September and 4a7 points on the
other months
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Treasury Statement.
WASHINGTON, Aug. I3-Treasury balances
sos. 646 1913; gold. Slo4, 500 500.
Statement.
London Financial Cableeram.

NEW YORK. Aug I3-The Commercial
Advertisers London finacial cablegram says:
Stocks today idly steady. Americans
opened above PARTIES. London was indlsposed
TO trade but New York caused a further hard
ening in the afternoon. Norfolk and Western
and Baltimore and Ohio the features.
while Southern Railway and Southern Pacific
also wanted. Grand Trunks are the
speculative favorites here, Copper stocks were
unfavorably affected by further fall In metal
to G54 IS 4d the ton Discounts hardened to
2%, owing partly to heavy supplies of Ameri-
can bills. which banks are cycling cautiously.
The Bank of England has bought s43, 900 gold
in bars
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
MARKETS FOR FUTURES
PRICES Q TO 8 POINTS OFF AT
THE OPENING.
After the Call There Was Evidence
of an Inherent Desire to Work
Upward Despite General
Bearish Feeling.

NEW YORK. Aug. I3.-The cotton market
opened quiet with prices gas points lower
in response to weak Liverpool cables and
foreign selling orders. Almost Immediately
after the call the market exhibited an inherent
desire to work upward despite tame specula-
ton and more less general bearish feel
than average Temperatures the southern
portion of the belt. the forecast noted the
formation of a storm the Caribbean Sea-
and very little rain was recorded Uver night
The private wires from the South less
favorable and there complaints from
portions OF the western belt of hot winds.
Receipts at the ports not up TO ex-
pectations and the outlook for a heavy move
ment OF new crop cotton in August were not
as bright generally anticipated. Before
midday prices had worked above the final
bids of last night and shorts were on tho IN
easy seat. The appearance of a prominent
Wall Street operator on the bull side helped
to alarm the small bears and gave the larger
shorts reason fer following a conservative plan
In the afternoon the tendency steadily
upward with shorts and Wall Street compel
ing for supplies IN tha late months Promi-
nent, Philadelphia and local sTot cotton inter-
ests were free buyers of August and Septem-
Der: the South covered late north shorts:
Europe a general buyer.
The market closed very steady with prices
net gas points higher Total sales were esti
mated at I25. 900 bales.
New York Cotton Futures.
NEW YORK. Aug. i3-The following were
ha ling tr he axot,ar tn1a
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Available sunply Of Grain.

NEW YORK. Aug. Especial cable and
teleeraHhc communications to Rradstreets
show the following changes in available sup
plies, as compared with last account:
Wheat-Uni' d States and Canada, east of
the Rockies. increased 857 900 mushels; afoat
for and in Europe, decreased 1900 900 bush
els total supply decreased I .343 600 bushels
Corn-United States and Canada. east of the
Rockies. decreased 525 900 bushels.
Oats-United States and Canada. east Of the
Rockies, decreased 329 .0Ov bushels
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
LOCAL WHOLESALE PRICE LIST.
Provisions.

PrOVlSlOnB.
CORRECTED AUG. IL. 1902.
Bacon-il11c.
Dry sailed sides, Io4q o%c.
Lard-Tierces. leaf. he: compound. 8Ac.
MeaI-75c per bushel
Oats-White. Soc; mixed. 4oc.
Corn-white. 77haSoc per busheI.
Salt-Liverpool, ST. sack; Virginia, 55c
Michigan, $50 pound barrels, SI75.
Butter-Jersey. 2oa26c; Tennessee country
l5c.
syrup-Fancy. 4oc; reboiled. 3oc.
Flour-Patent, S4g4 IS per barrel; straight
So 65G375.
sugar-Granulated. Sc; Y. c.. 4%c; cut loaf
cents.
Arrow Ties-45 lbs. SlI5
Jute Basging-2 lbs. 7A@7%c; ~ lbs.
d7Ac.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
NEUTRALITY-SUSPICIOUS.

No. corn. So: No. yellow. 5si9G5 So
No. oats 26Aa2e; No. white, SO; No
white. 32%I42.
Mess pork. per bbl.. $4,000 S. e5.
Lara per 100 lbs. $40 3714n 70. 40.
Short rib sides 0oose), SO 4on9. So
Dry sailed shoulders tboxed). eG9h.
Short clear sides (boxed), lohq lo4s.
whskey, basis of high wines. Sl.3l.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Naval Stores.

CHARLESTON. Aug Is.-Turpentine ard
fosin-JInch hanged.
SAVANNAH. Aug. 3.--Turpentine-Steady
at 44l4; receipts. 1894; sales. 266; exports.
1855
Rosin-Firm; receipts, 1901; sales, 1858;
exports. 3,ll4 A. b. c, SI.o5; u. Sl.lo; E,
SI.i5; F. Sl2o; C, SI.25; H, SI5o: l.
ST. 90: K. So ga; NJ, So; N S3.45; window
glass So SIS; water white. 3 SIS.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
st. Louis Provisions,

ST. LOUIS. Aug. I3.-Flour-Quict: new red
Winter patents. s3.oq3 IS; extra fancy and
straight. So soG3 o5; clear. So 659275.
Whiskey-Steady at Sl.3I.
Dry sailed meats-Boxed lower; extra shorts
Slo.75.
Bacon-Boxed lower; extra shorts. SLIPS;
clear ribs, S IS; short clear, SII.75.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New Orleans Sugar

NEW ORLEANS. Au. 3-Sugar-strong;
open kettle. 2hm3h; open kettle centrifugal,
$685.; centrifugal yellow, 3lan4h: seconds,
IM63A.
Molasses-Dull: centrifugal, SOILS.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Cincinnati Provisions.

CINCINNATI. Aug. I3.-Flour-DulL
Lard-Easy at 5000.
Bulk meats-Quiet at $Io.25.
Bacon-Easier at SlI.62h.
whiskey. dstillers' finished goods active on
basis of SI.3t.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New York Dry Goods.

NEW YORK, Aug. ia slight improve
ment in general business in cotton goods is
reported in the dry goods market without
change in prices. Print cloths dull and
unaltcred Mems woocns and worsteds
in Spring weight in very fair request and
steady at opening prices.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
There will he pIenfv If Dots

iheIS VIII NC pltHtN - LUIS
e. Dots enough to build an elephant.
There will be lines, although short, but
enough to tangle ]. Pierpont Morgan.
Between the lines and the Dots there
will be Prizes enough to go around.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Local Cotton Market

spot cotton in the local cotton market yes
terday was quoted as follows:
Middling (new) ,....,...,.....,........ ~
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14

1t takes a very little lawn for a church
social. If the woman who lives there is a
church worker.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Kansas City Live Stock

KANSAS CITY. Aug. 3.-Cattle-Rcceipts,
1890 natives, $500 Texans; calves. 725
Texans and 900 natives; market strong.
Choice expact and dressed beef
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Money and Exchange.

NEW YORK A.g I3.-Money on call
staliy at 3hd4 per cent: last loan at 3.
Prime mercantile paper. AMOS per cent.
Sterling exchange barely steady at q S7 for
demand and at 55d4. 90 for 60 days. posted
rates. 496d4 1884,
Commercial bills. S5M.
Bar silver 52%: Mexican dollars. 4lh.
Note-Actual rates for sterling exchange Will
hereafter he quoted In decimal fractions.
N.ls ptanIL IISk
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New York Cotton Futur

NEW YORK. Aug. I3.-The following WI
the ruling prices in the exchange today:
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Bouds

Total sales for the day $4,000 shares.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
Liverpool Cotton Futures.

LIVERPOOL, Aug. I3.-Cotton futures
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-08-14
New Orleans Cotton Futures

NEW ORLEANS. Aug. is.-cotton futures
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-02-27

Even before midday pit was rui ot r,nors as 70
Sly IN export circles ana prepared believe
everything offered had BY the other side while
olIs o,h me more conservative
5ig, up the various II loads
mad oeen worked in New-York % loads at ouports
5lch huge business as might have been expected
t.rT,,s 1ls cary runlors The trade at New-EOr6
anS!ufed = loads Of No Northern Manitoba,
s-aIl winter load no hard Manitoba and loads
-Sorthern Duluth In addition 200 600 spring
7e4s 4is-tied red Receipts at the West again
large, exceeding those year Northwest
arrivals were almost twice heavy day
se1 ago, me seaooard clearances were mostly rom
NeWYor1 including 100 100 bushels Hamburg. English
Ilels closed 99sd net higher Early in the day
market was weak and lower, Influenced by favorable
weather conditions West and Liquidation continuing
I'M! aIecled by the damage talk and export rurnors
basis. were follows No / Northern Duluth soc; No
northern New-fork S514c told)- No 1 Northern New
YORK Soc new No l hard Manitoba, s8I4c; No North
Sc prompt. .CORN-sIow TO follow heat's early Dc
session was active al steadv advancinp nrires
selling was held in check bv the strength of room sent
ment- At Chicago no contract found in the
receipts and only 100 expected Thursday. The
primary movement however. is little larger than
smaller than the previous day premiums remained
irrn and offerings light The business realized 10000
New-York. The export business loads at
outports. No closed 697sc: No white 7Oisc
vator OATS-Tradng In oats At the West was quite
active and prices responsive bull actions in sympathy
at Western points, Locally 10000 bushels cash
sold to the trade No closed SOC; No ,.
ootzc; track white 60g651c and No white clips. 81 &c
ItE Market trmer; No 1 Western, 66c and No
BARLEY-Market dull; feeding quoted at 63G65c
and mating at 6sdI2c. both 4 Z New-fork