davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1902-06-18
Murphy 6 Co.'S Qnc) Cotton Letter.
 IBy Private Wire

NEW YORK, June l7.-The early tendency of the cotton market today toward a
 lower basis in spite of general expectation of a better market. The weather map as posted just before the opening showed a little rain at Augusta. Montgomery and Oklahoma, and this encouraged the bull element. Before long, however. reports came in of rain al sherman. Paris, Mckinney, Bonham and Gainesville. Texas. and this led to q little stampede to sell. and broke prices three to five points. Everything hinges Texas but is yet to be seen how far prices can be yet depressed even the most brilliant crop prusp, cts there inasmuch as experienced people are of the opinion that no matter how the crop may improve, there IS no possibility of an immense yield since winter rains have been deficient
 There gNas rally in the near positions after the opening covering of shorts but distant months were weak. Selling for Liverpool ac- count yas quite extensive at one time and all though the Texas rains were reported pret- ty general in the northern section of the
The Montgomery advertiser., 1902-06-18
New Orleans Spot Cotton.

NEW ORLEANS. June i7.-Lower Liverpool and the declines in futures caused a drop of isc in the price of spot cotton today. Sales. l400 bales, including 450 to arrive. The future market was fairly active and lower; ,the decline was caused by weaker cables an1 reports and predictions of showers in various sections of the cotton belt Under the belief that the new crop was being relieved was about to be relieved easier feeling set in as soon as the gong sounded for the first call. all positions showing a loss of 3Np5 points at the opening Thereafter the market continued to fall away, finally closing with net losses of 20 points on June. io July and t4 to IS points on the other months. The trading was confined to July, September. October and
The Montgomery advertiser., 1902-06-18
Remarkable Memory.

At little dinner the other night the statement was made that the colored race had longer memories than white folk, says The New York Times. Mark Twain. who was present. agreed with the remark and to prove it. told the following;
 Some years ago. when South. I met an old colored man who claimed to have known George Washington. 1 asked him If he was in the boat when General Washington crossed the Delaware. and he instantly replied, 'Lor Massa. I steered dat boat.
 ' Well said l. do you remember when George took the hack at the cherry tree?'
 He looked worried for a minute. and then, with a beaming smile, said;
 Why, suah, Msssa, l dun drove dat hack myself.
The Montgomery advertiser., 1902-06-18
Available Supply of Grain,

NEW YORK, June i7.-Special telegraphic and cable communications to Bradstreets show the following changes in available supplies as compared with last account: Wheat. Unfit cd States and Canada, east of the Rockies, de crease 9 96 900: anoat for and in Europe decrease. 500. 900 bushels; total supply de crease 4.46i .ono Corn. United States anl Canada, east of Rockies increase. I,2lS 900 bushels Oats United States and Canada east of Rockies decrease. 267. 900.
The Montgomery advertiser., 1902-06-18
St. Louis Provisions.

ST. LOUIS. June l7:nFlour-oTiet; rel straight, Ss 3oG3 40; clear, S3. ood 3. 20. SIG Whiskey-Steady, Si.3o.
 Dry salt meats steady; boxed lots extra shorts and clear ribs. sIo,75; short clear, Sll.oo Bacon. steady: boxed lots, extra shorts and clear ribs, SlI 50; short clear. Sll.75.
The Montgomery advertiser., 1902-06-18
LOCAL WHOLESALE PRICE LIST
Provisions.

Provisions. Bacon-l lc Dry saIted sides-9T6loc. J.ard--Tierces. llAGtI%c. Meal-77I1c per bushel. Oats-white, 62c: mixed, soc. Corn--white, 77haS4c per bushel. Salt--Liverpool, SI sack: Virginia, 65c: Michigan, 250- pound barrels. SI75 Butser-Jersey, 2o926c: Tennessee country, I5c.
 Syrup-Fancy. 4oc: reboiled. COG. Flour--Patent. S4 50 per barrel; straight. S4. 5a4. 25. Sugar-Granulated. 5kc; Y. C.. 41sc; cut loaf. SIC. Arrow Ties-45 lbs, Sl. Jute Bagging-2 lbs. 7a97xc: iz lbs. ? 07Ac
The Montgomery advertiser., 1902-06-18
New York Spot Cotton.

NEW YORK, June t7.-spot cotton, quiet middiing 5-i6c. Receipts. gross, JAS sales. 5i; stock, i622o2. Exports to Urea Britain. | ,663: to continent, 732: to France J,5Io. Total today: Receipts, net. 5.26C Exports to Great Britain, l,663; to France I.5l9; to continent, o,t42. Stock. 36I POS Consolidated. Receipts, net, l2, 263. Export to Great Britain. 3.533; to France. i.5t9; | continent. 25.786. Total since September [ Receipts, net, 7.433.e5e. Exports to Gtea Britain. 2.o6 .99l; to France, 7i3,35i; t continent 2 6IO oO2
The Montgomery advertiser., 1902-06-18
WALL STREET REVIEW
MOVEMENT OF PRICES WA
 RATHER IRREGULAR.
Grain Carrying Railroads Generally Showed Some Points of Con- {, spicuous Strength-Impor-
 tant Industrials Heavy.

NEW YORK. June l7.-Yesterday's volume or activity in stocks was about maintained was very similar The movement of prices was rather irregular in spite of the strik ng gains by some of the stocks which led the market in point of activity. movement to take profits in St. Paul added to the irregular appearance of the market the grain oarry- ing railroads generally showed some conspcu- ous points of strength. The upward move ment in the Readings was also pronounced and the dealings in that stock were on very large scale. even after allowing for It's enume ration as half shares. The forces back of these movements were concentrated and their ope- rations were not conspicuous outside of few stocks. It was not clear that the large biy- ing movements in all cases were from identi- cal sources. but 1t was evident that the opera tions were in concert The brokers who were buying Reading were sellers of St Paul which the large absorption of Missouri Pacihc seemed to come from other sources said to be a pool, which has operated in this stock for many months. Union Pacific maintained Its recent stable tendency and the Atchisons were stocks among the grangers were active and strong, notably St Joseph and Grand Island stocks under tho '. combined influence nee of r the of absorption by Union Pacific. There was great irreguIarity among the in1ustrials. but were heavy There was active liquidation in sugar owing to unfavorable opinion of the chances of Cuban reciprocity in the Senate. United States Steel stocks were depre: sed by vesterdav's injunction measure against the stock conversion General Electric was easily
 
 demand on the other hand for Presse Steel Car. American Car. Snuff. Bicycle, pre- ferred and New York dock the last named rising 6h points. There news to ex plain the movement among the ieade-s heyon the progressive of speculative campaign The excitement in the corn market seemingly did not affect the carrying rcads and 1t was not associated with bad crop reports. The falling of showers in the cotton belt was learned with satisfaction and the. strcng'h of wheat in foreign ma kets which was reflected here was favorable influence on tho prices of securities. There was no news of the coal strike to account for the strength of Readings. although assertions were heard in Wall Street that the collapse of the stock was probably near at hand. There uneasine ss ap- parent the money market. notwithstand- ing the approach of the time for :hc p-epart- ton for the semi-annua settlement and tho known requirements of the several syndicate operations including the payment of SS.Ooo.- 900 for the Western Maryland Ia lroad a. Baltimore this week. The market closed quite active and steady.
 The bond market was irregular. Total sales pa value, S2 PAS 900.
 United States old As registered declined ls and the new As h per cent on the last call.
The Montgomery advertiser., 1902-06-18
Country Products.

SOuhtty 4AoouSLSs Eggs-Per doz., l2hc. cSickens-Grown, ss 50 per dozen; large fry CTS, S3 per dozen syrup-Country. 4oa45c per gal. Dried Apples-Peeled. 6c. Lemons-Choce. s3 50: fancy. s3 25@3 50 | Potatoes-Irish. sIIo@i,2o bushei; sweet 50 cents Hay-Johnson grass in bales. si2QI4 per ton. Cabbage--Ikc per h.. Danish Apples-S4 5oq5 co. Rutabagas-SI.75 per bbl Oranges-Florida, S2. 5o92.75. Peas"White. saso bushel; clay. sl.so Navy Beans-sl.so bushel.
 Woodware., Half Bushels-Iron- bound, per doz.. s2. 50. Buckets-Two hoops. S2 50; three hoops. SAYS; brass. red cedar. S6. Well Buckets-S3. 50. Tubs-Painted, in nests, 325. Washboards-Sl 75~' SO
 Hardware. Nails-cut, s2. 50; wire. SAYS. Axes-S5. 5od6 50. Cotton Cards-S4. 50. Hollow Ware-COuntry. Sc Chain Traces-S3m5 per doz Bellows-S4. 5oGlo
 Hides, Wool, Etc. Hides-Green salted. 5kc dry flint. He. dry salted. Sc. Beeswax-24c per pound. wo9I-Clear, unwashed, l4e; clear washed.
 Drugs. Camphor-62k@671kc per pound. Alum-31sG4c per pound
The Montgomery advertiser., 1902-06-18
Naval Stores.

SAVANNAH. June l7.-Turpentine. firm; A9iac Receipts, 3.o2o; sales' ''4S<' exports 2fS' Rosin-rrm; receipts, s,eso; sales. so5s, exports 900, 91ote; A s, ss sa 5 oo. os,'GS s2. SO: Nj. S2 o5 N. s3 30; window glass, $ AS: water white. S3 65
 CHARLESTON. June l7.-Iurrentihe' hFnl' 47iic
 Rosin-U unchanged.
The Montgomery advertiser., 1902-06-18

throughou' and only moderate supply or mail orders reported, thus showing no change in the disposition of buyers Brown sheetinEs and drills inactive at previous prices. Bleachei 1 cottons unchanged Coarse coiored eo.t1hs steady but quiet. Prints and ginghams quiet but firm Print cloths dull at previous prices Piece silks and ribbons firm with moderate business. stocks decreasing.
The Montgomery advertiser., 1902-06-18

State. the only point actually reporting mois-
 ture of importance Luling. The weekly
 crop report was not alarming enough for Texas and selling followed it's announcement Receipts at all ports were estimated at 4,- 500, against 8. 900 last year.
The Montgomery advertiser., 1902-06-18
Cincinnati Provisions.

CINCINNATI June i7.--Flour-Qu!et Wheat quiet; No. 2 red, SikG82c. Corn-Firm No. mixed. 65Ac. Lard-Steady, Slo.o5. ,s Bulk meats Firm. Sto 50.
 Racon-Strong. s 62ts.
 Sugar-Quiet
The Montgomery advertiser., 1902-06-18

WASUINC;TON June i7.-Today's state ment of the Treasury balances exclusive of the gold reserve show available cash balance e. sIo9 68oO gold. S99, 232, l6S.
The Montgomery advertiser., 1902-06-18
New Orleans Sugar.

NEW ORLEANS. June I7.-Srgar. strong open kettle. 2463 3-l6c; open kettle centri- fugaI. 3d3tc; centrifugal yellow, 3l@@4hc: seconds 2a3 g. &c.,
 Molasses steady Centrifugal 6qi5c.
The Montgomery advertiser., 1902-06-18

Cash quotations were as follows:
 wheatSNo. 3. 7I%a7azs. No. 2 red. 7sg7e No. oats, 42iad4 46ia; No. white, 47% M Mess T@1is' pork. p@+SeSSi perr eSi.. e24@lz75. Lard. per 100 lbs. SIo. l21z.
 Short rib sides doose). s 10. 35d o 50. Dry salted shoulders tboxedl, S1zg9ss Short clear sides tboxed). SI0.75d 70 S5. Whiskey, basis of high wines. Si.30,
The Montgomery advertiser., 1902-06-18
rondon Financial Cablegram,

NEW YORK. June i7.-rhe. C'mmcIcial There WAS a thin attendance on the floor of the Stock Exchange owing to the Ascot races. The tone was cheerful on the improvement in the Kings condition and better WHatnor Con- sols sold at o62. kafirs are expected to rally The American department neg iectcd till the afternoon. The close was strong on New Yolk support of Erie and Beading United States Steel flat the court decision affecting the conversion rlan. Conper sold at 54 6 ! +t the ion and Rio tintos were ss down to A5ii The market repaid the bank nf England : 900 900. It will soon he free from indebtedness. Gold to the amount cf 5000 has necn bought an I 30. GOO has been received from Australia.
 Chicago Grain and Provisions
 CHICAGO June I7-C'orn went the rampage today, aud headed by the bull crowl
The Montgomery advertiser., 1902-06-18
Kansas CitY Live Stock.

KANSAS CITY. June l7.-Cattle-Reccipts 5 300 natives 1850 Texans. 375 calves Corn fed cattle and stockers and feeders steady to higher; grassers. slow and weak Quarantine stock, low.
The Montgomery advertiser., 1902-06-18
New Work Cotton Future..

NEW YORK. June l7.-The following ! the ruling prices in the exchange today:
 Tone. easy: middlng, g 5-i6c, steady.
The Montgomery advertiser., 1902-06-18
Money and Exchange.

NEW YORK June i7.--Money pn call steady at 2a3 per cent; close offered nt ! per cent. ing exchange firm with actual bushes, in bankers bill at S4 37% for demand and at S4 S5mls for 60 days; posted rates. S4. 86 and S4 S8Is: commercial bills. S4. S4M4. 85%. Bar silver. 52% Mexican dollars. 42hc. Govern ment bonds. weak: State bends, strong rail- road bonds, irregular.
The Montgomery advertiser., 1902-06-18
Mem Ynrk DrY. Goods

NEW YORK. June l7.-TLe spot demand in dry goods has been on a quiet scale
The Montgomery advertiser., 1902-06-18

Princ eton. N. J., June 17.-Former Pres ident and Mrs Grover Cleveland left here today for Villa Nova. Pa. where Mir Cleveland will deliver an address before the graduating class of iVla Nova Col lege. The college will confer upon him the degree of Doctor of Jurisprudence.
The Montgomery advertiser., 1902-06-18
New York Coffee and Sugar.

NEW YORK. June I7-Sugar. raw firm; fair refining, 3c' centrifugal. 96 test. 3l.c. Molasses sugar. SAC. Refined. steady. Coffee. spot Rio. quiet; No. 2 invoice. 5sc. Mild. quiet; Cordova. ed iizc Coffee futures balance of the day was dull. with fluctuations confined to a range of 5 points. Bulls and bears content to rest on their oars in the absence of important developments in for eign markets or special changes in the statis tical position of the staple. The mal kct closed steady. with prices net points higher. Total sales. 5000 bags.
The Montgomery advertiser., 1902-06-18
Treasury Statement.

Total sales, S91, 900.
The Montgomery advertiser., 1902-06-18
Chicaeo Grain and provisiona

CHICAGO. June I7-Corn went the rampage today, apd headed by the bull crowd
The Montgomery advertiser., 1902-06-18

New York Stock List.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
NOT FOR EDITORS.

The editor who goes into politics has
hard road to travel. Horace Greeley
was the most useful editor in America
when he first heard the Presidential bee
buzzing in his bonnet 1t cost him his
happiness, his usefulness, and shortened
his life.
In North Carolina. before the war, it
was almost true of William w. Holden
that he could kill and make alive" in
the Democratic party. He had a great
newspaper, he was wise in council, and
thousands followed where he led. In an
unfortunate hour he entertained the
temptation OF running for Governor
was responsible for all the troubles that
saddened his life.
For more than year there has been
much talk that Henry Wa;tterson, editor
of the Courier-Journal, was to be the
Democratic candidate for Governor of
Kentucky this year. In c. olumn editorial
in the Courier Journal, Mr.. Watterson
announces that he will mot run. 1t is a
sad editorial-one that shows the veteran
editor was ambitious for the office and
that putting it away gives him real dis
appointment. The folio wintg extracts
from his editorial show His feeling:
"Preferment is not for me. Brought
to the point where / must look the situa-
ton full in the, eye l am appalled, by the
conditions which the succes sful candidate
for office must needs meet and overcome;
the rogues and cheats he must court,
or coZen; the servility ne must affect, or
practice; the obligations inc1r; the per-
sonal solicitation, ignoble and humili-
ating; the use of money more or less
corrupt and corruptLng; for, though he
have an. overwhelming majority or the
people at his back, there stands the
machine, first to be captured and then
to be deployed with all that this implies.
Although | have never had d ma
chine 1 am not a stra niger either to the
character, or the efficacy of machine
methods. Nor do / lack some points of
vantage in case I wanted to construct a
machine for my own purpose. But, no
unclean dollar has ever passed my hand.
either coming, or going. and / am too old
to turn rascal sometimes, l have de-
clared that 1 should Ii Ike the people to
write Governor of Kentucky on my
tombstone But / should i'll rest in my
grave if there were :the suspicion of
stain upon a letter OF that honorable
epitaph"
Let no one say they great Kentuclkian
is soured by disapp ointment. Let all
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
WILL HURT THE STATE.

During the past ten years North Caro-
lima increased it's capital in the cotton
milling industry 2063 per cent. 1t in
creased the number of spindles 1851 per
cent. 1t increased the number of bales
consumed 1851 per cent. These figures
tell a story of ability and industry that
put North Carolina in the front ranks
Of Industrial States.
This marked increase in the past ten
years has almost altogether been ac-
complished by North Carolina brain,
lima money. Every mill has been an in
dependent enterprise, chiefly owned and
controlled by men who lived in houses
adjoining the homes OF the mill opera
tives.
1t is said that soon many of these
mills will be sold to a combination or
trust, with headquarters in New York
city. Is that desirable? IS it not a
mistake in the home owners to transfer
ShiS 6lSdb lhduSLIJ " TIC SOhbAOi "a I"
great combination?
1t will be a bad day for the cotton
mill industry, for the owners of cotton
mill stock, for cotton mill operatives
when individual and local management
is superseded by trust ownership and
management. 1t will, we fear, result in
q cessation of the growth of the indus
try. If the cotton mills go into trust,
who believes that the capital will in
crease 206.3 per cent. in the next ten
years, spindles 1851 per cent, and the
consumption of cotton 1851?
The organization of the tobacco trust
diminished the number of tobacco fac
tories and shut the door of opportunity
in the face of small manufacturers of
tobacco. Is there not danger that in
some degree the same result would follow
the merger of the cotton mills?
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
AN IMPORTANT MEETING.

We have already published the call OF
DR.. R. H. Speight, president, and T. b.
Parker, secretary, for the annual meet
ing of the Farmers Association. to be
held in Raleigh on Wednesday, the third
day of September The farmers in every
county in the State are requested to hold
township meetings on Saturday, August
23rd, and county meetings on Saturday,
August Goth, at the court house. and to
select delegates to the State meeting in
Raleigh.
the farmers can accomplish much for the
States chief industry. Before their or
ganization had been debauched to elevate
few men to office. the farmers. by
their united efforts. were able to defeat
the cotton baggng trust. United, Win
out political ends, they could still exert
a great and good influence. 1t is in this
belief that farmers like DR.. Spelght, Mr..
Parker and others have organized the
North Carolina Farmers State Associa-
ton. 1t was organized last September
with small membership, but it has al
ready saved money to the farmers as
this statement in the call shows:
when this association first met in
September 1901. to take In consideration
the cotton-seed situation, and devise
plans by which a better price could be
obtained for them, and by resolution de-
clared that under existing conditions cot
ton seed should not be sold for less than
% cents per bushel for cash, nor ex-
changed for cottonseed meal Tor less
than 1888 pounds of meal for one ton or
seed. it demonstrated the power OF con-
cert of action for by that resolution 1t
established a price that resulted in I'M
told benefit to the cotton farmers of the
South. While some derided the action
of the convention, and said that 1t was
composed of people who did not know
what they were doing. others had con-
fidence in their judgment and stood by
the action of the association. The farm
ers who refused to take part in The
meetings, and continued to sell their cot
ton-seed as fast as ginned, received from
IS to q cents per bushel for them, while
those who abided by the action of the
association, received from % cents to 81
cents per bushel for theirs. This very
fact should give the farmers of the State
confidence in the association, and cause
them to take an active part in its work
ings."
1t is to be hoped that the farmers all
over the State will meet in their town
ships and counties and send their best
representatives to Raleigh to attend the
meeting on the third of September
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
A EULOGY TO COvET.

Here is man who never made a
promise he did not keep; never deceived
friend or betrayed an enemy"
These were the words used by the pre-
siding officer Of convention in Georgia
in introducing the man who had been
nominated. If it was true of the candi-
date, the eulogy was one of which any
man might be proud. Tom Platt, whose
success in politics has been marked, says
he never makes a promise if he can help
it, but after making a promise he has al
ways made it a rule to keep it, 1t is as
essential for a man to keep his promise
in politics as in trade. The man who
fails in either lacks character, and it will
soon or late prevent the largest meas
ure of success.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
A MORNING TONIC.

Lord, for tomorrow and its needs
/ do not pray,
Keep me, my God. from stain of sin
Just for today,
Let me both diligently work
And duly pray;
Let me be kind in word and deed
Just for today.
Let me be slow to do my will.
Prompt to obey;
Help me to sacrifice myself
Just for today.
Let me no wrong or idle word
Unthinking say;
Set Thou a seal upon my lips
Just for today.
Cleanse and receive my parting soul:
Be Thou my stay;
o bid me, IL today / die,
Go home today.
So for tomorrow and its needs
/ do not pray,
But keep me, guide me, hold me, Lord.
Just for today.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-08-17
THE BONUS POSTPONED.

why did the Republicans postpone
the Cuban reciprocity bill until after
the election?" writes a subscriber, who
says, 81 have just read that the Presi
dent will probably call an extra session
of Congress to pass the reciprocity bill
or treaty Why was it not done before
Congress adiourned?"
The answer is easy. When the bill
came up in the House, the Democrats,
assisted by certain Republicans, put an
amendment on the bill which denied the
benefits of the reduction to the sugar
trust The bill went to the Senate in
that shape. That body did not pass
the bill for the Sugar Trust con-
trolls sugar legislation. The Senate
did not dare, upon the eve of the cam
paign, to amend the House bill in the
interest of the Sugar Trust, and so it
let the bill go over without action. When
Congress meets after the election-(when
giving a bonus to the sugar trust will
not politically iniure the Republican
party)-then the bill will pass, giving
the Sugar Trust its pound of flesh.
That is the real reason why the bill
goes over until after the November cleo
ton. 1t would have embarrassed some
Republicans to carry on an antitrust
campaign after giving a big bonus to the
Sugar Trust. but after the election they
will vote it gladly, and in 1903 have the
cheek to agaa make an antitrust cam
paign.