davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1902-05-17
New York Coffee and Sugar.

NEW YORK. May l6.-Coffee-Spot Rio
steady; No. invoice. e-I6; MID, quiet
Cordova, Sh@I2.
Sugar-Raw. fair refining 2Ts centrifugal
e6 test ZIG: molasses sugar. II-l6; re.
fined, steady.
The coffee future market opened steady with
prices 54Io points higher and after the call
further advanced 5dlo points on brisk gen
eral buying. led by Wall Street commission
houses and room shorts. Baltimore and local
importers sold, has been their policy fol-
some time past. Firmer European cables and
rather lighter Brazilian receipts than predict.
ed We're the chief factors OF support Late in
the day the whole list eased off under realiz-
ing by local longs. The market was finally
zoo hays
The Montgomery advertiser., 1902-05-17
Atlantic Coast Line R. R Go.
General Msstlng o. Stockholders.

Notices hereby meeting Of the stockholders
Of the Atlantic will be held at the
ocs in Richmond Va at II o'clock on Monday the nass
day Of 1904 for Of considering authorizing
and voting on the proposition issue bonds OF the 20
Thousand Dollars % OF a
ualy Eighty Millions OF
Dollars gold not than hfy years
exceeding
win include the amount re-
also the the Of additional properties
bonded ndebitness Consolidate Co., about mil
dollars and for the Of considering pv
deed trust to
said railways franchises OF the
such other
presented at the meeting By order Of the board
Atlantic Line Rail Road by James Post secre
tary, May 49, 1907" -,
The Montgomery advertiser., 1902-05-17
New Orleans Cotton Futures.
New orleans Spot Cotton.

NEW ORLEANS. May l6.-The market for
SPOT cotton continues dull. Sales today. SIS
bales. including t25 10 arrive. Quotations on
low middling and grades below reduced Lie.
In futures the feeling in evidence on every
hand was distinctly inmcal 10 the long in
terest Liverpool and New York both came in
at reduced values and in response New Or
leans opened down Sq6 points. all along the
line and fell away 3Q4 poipts additional there
The Montgomery advertiser., 1902-05-17
New York Drv Goods.

NEW YORK. May I6-There have been
no new features today in the print cloth stu
alton in the drv goods market. The demand
here for all descriptions of cotton and wooler
goods has been quiet without changes in
prices. Linens are very firm. but quiet Bur
laps are dull but steady
The Montgomery advertiser., 1902-05-17
New york SPOT Cotton.

NEW YORK, May l6.-Cotton-Quiet; mid
ding. gu: gros receipts 1899; sales. 5000;
stock. 1876: 67e: exports to the continent, 500
Bra s45 o Frasss sP9a
the continent. 3.74o: stock, 4e2, SOC.
Consolidated-Net receipts 47.S42; exports
to Great Britain. 2e.o5o; to France. ll,722:
to the continent. 43.7lo.
Total since Sept. Met receipts. 1880. 500;
exports to Great Britain. 2.920.7S2; to
France 688 049; to the continent, 2,472.724.
The Montgomery advertiser., 1902-05-17

after. This condition was followed by an i'm
provement which wiped out the greater part OF
the loss. Later on. however. reaction set
closing with net losses Of l3aI3 points on the
Summer months and September and 699 points
on the other positions.
The Montgomery advertiser., 1902-05-17
Naval Stores.

SAVANNAH, May 6.-Turpentine-Firm at
45iE; receipts, 1861; sales, $40; exports,
none.
Rosn-Firm; receipts. 1850; sales 2 ss7;
exports ESQ; A. B, C. D; s! 20; +, SIPS;
SO as; NJ. So IS; N. s3i5; window glass
So. 40; water white, $50
The Montgomery advertiser., 1902-05-17
Money and Exchange.

NEW YORK, May i6-Money on call firm
at 4is@6 per cent: closing bid and asked
4G14h per cent,
Prime mercantile paper. 4h65 per cent
Sterling exchange firm with actual business
In bankers bills at 4.S7 for demand and
4s4Ag4 S4W for SO days; posted rates,
48514 65isG4. S7hQ4. 90.
Commercial bills. 4.93%94. Ban
Bar silver, SIS; Mexican dollars. 4lH.
The Montgomery advertiser., 1902-05-17
Cincinnati Provisions

CINCINNATI. May Flour-Dull.
Lcrd-Firm at SIol5
Bulk meats-Firm at $40.
Baeon-Strong at SLIPS.
whiskey-Active at ST. so.
Sugar-Quiet.
The Montgomery advertiser., 1902-05-17
Bonds.

United States refunding 2's, registered. losA
United States refunding 2's coupon &C.. lO9A
United States SIS, registered. i08
United States SIS. coupon ................Io8
United States new As, registered. 1874
United States new As. coupon ..........l37h
United. States old As, registered. .........lII
United States old As, coupon............III
United States SIS registered. l05h
United States SIS, coupon. ................ 1854
Atchison general As io3h
Atchison adjustment As ................. 93%
Baltimore and Ohio as ...............u.Io2M
Baltimore and Ohio 31k's .................. 96A
Baltimore and Ohio Conv. 4s.............. IO6A
Canada Southern seconds ...............loo
Central of Georgia SIS ...................lOo
Central Of Georgia first inc................ s5h
Chesapeake and Ohio Al s................lo8
Chicago and Alton 3las NEUTRALITY-SUSPICIOUS.. S4A
Chicago. 3: and Quincy new As: ;....... e57s
Chicago. NJ. and ST. Paul gen. 4s.....Il5
chi and Northwestern con. 7's..........,.I34
Chi Rock Island and Pacific 4s........l l2h
c., C., c. and St. Louis gen. 4s........ o3Is
Chicago Terminal as NEUTRALITY-SUSPICIOUS.. SO
Colorado and Southern 4's................ a5A
Denver and Rio Grande As ...............lo3%
The Montgomery advertiser., 1902-05-17

WILMINGTON May 6-Turpentine-Firn
at As; receipts. 46.
Rosin-Firm at SI.ioai.l5; receipts. 70
Crude turpentine-Firm at 40. So so and
So. 60; receipts. 95
Tar-Firm at S 80; receipts 4
The Montgomery advertiser., 1902-05-17
London Financial Cablegram.

NEW YORK. May I6.-The Commercial Ad.
vertiser's. London financial cablegram says
Stocks were idle. but steady on reassurins
peace reports. Consols sold at s5h. The
American department was weak and the trad
ing being dominated by the stock situation.
Prices opened n under parity and dwinded
further under New Yorks afternoon offerings,
then they steadied, but the decline was re-
newed in the street, Baltimore and Ohio and
Union Pacific were the hattest. Rio Tintos
sold at So the fortnightly statistics showing
reductions in stocks of ga tons and in sup
plies of .48o tons Gold to the amount Of
aS 600 in bars has been bought and G 90. 600
has gone out to the Cape. Paris exchange is
252ih: Berlin. 2o49
New Orleans Sugar.
NEW ORLEANS, May l6.-Sugar-Strong;
open kettle, 2h@3 Sic; open kettle centrifu-
gal. 3a3h: centrifugal yelio~s. 3AQ4h; Sec
onds. 2h@3 3-i6.
Molasss-Dull; centrifugal. 6@i8.
Speaking Of old-fashioned things: What has
become of the child who minded its mother =?
When a man is hapopy. IT Is usually because
of a misapprehension Of the facts; the story
that made him happy has usually been exag-
gerated in his favor.
The Montgomery advertiser., 1902-05-17

NEW YORK. May I6.-The following table,
compiled by Bradstreet. shows the bank clear
irgs at the ch:es named for .he week ended
May 6. with the percentage Of increase and
decrease as compared with the corresponding
week lastssar: e.
The Montgomery advertiser., 1902-05-17
MARKETS FOR FUTURES
WEAKNESS IN LIVERPOOL
PROMPTED SELLING.
Later Came q Shift to the Bull Side,
But at the Close Losses Of
s to 4 Points Were
Shown.

NEW YORK, May 18TH, cotton market
opened easy with prices 207 points lower un-
der active local, foreign and Wall Street SELL
ing prompted by weakness In Liverpool, re-
ports OF further general rains in the belt and
eneerfui crop account Belief that prominent
wall street operator was leading a large
selling movement in the Summer months
frightened would-be buyers and disheartcncd
summer longs. The first wave OF selling did
mot subside until July had dropped to 9. SO
and August to 6.50. Then came a quick shift
to the bull side by room traders on talk OF
very large exports estimates for light receipts
tomorrow and claims that too much rain had
fallen In some portions Of the Western belt.
July stinened to 6.96 and August to 8. 90.
For a time the market had every appearance
OF doing still better. though outside support
came forward slowly. Once more Wall Street
selling became dominating influence and
prices quickly lost the entire advance. Dur
ing the balance Of the session the room was in
state OF unrest with prices sensitive to
ders from either side Port receipts reached
less than 5000 bales and export clearances
were nearly $4,000 bales. The worlds visible
supply lost 10000 bales compared with
$4,000 the same week last year. But in spite
OF the strong statistical showing the market
refused to show real strength. The close was
quiet with prices net 3@I4 points lower. To-
tai sales were estimated at 100000.
The Montgomery advertiser., 1902-05-17

Cash quotations were as follows:
Flour-Steady
No. 3 Spring wheat. 72hQ75h; No. red
81
No. oats. 4sh@43A; No 2 white, 451s
No white, 45G46
Mess pork. per bbl., SI7.25dI73 80.
Lard per 100 lbs, $40. 32laG TO-. 80.
Short rib sides Noose). SO. 7oGe. 80.
Dry sailed shoulders (boxed), SdSA.
Short clear sides boxed, $40 4oG o.. SO.
Whskey, basis of high wines, Si.3C.
The Montgomery advertiser., 1902-05-17
WILMINGTON. NJ

CHARLESTON. May 6-Turpentine-Frm
at a.: sales. as
Rosn-C. D. Sl.lo; E. SI.i5; sales. $50.
The Montgomery advertiser., 1902-05-17

Total sales for the day, 4sO,5o0 shares.
Treasury Statement.
WASHINGTON. May le.-Treasury balance
1913, IO2, 500; gold Ss7.524.9i6.
The Montgomery advertiser., 1902-05-17
cornara+ive Cotton Statement.


NEW YORK, May I6.--The following is the
omnarattve cotton statement for the week
The Montgomery advertiser., 1902-05-17
St. Louis Provisions.

st. Louis PROVISIONS.
ST. LOUIS, May 6.-Flcur-Quiet and
steady: red Winter patents. So 65Q3.8o: extra
fancy and straight, S335a3. SO; clear, $50
$50.
Whiskey-Steady at Si3o.
Dry sailed enthusiastically: boxed lots extra
shorts and clear ribs. $40; short clear.
Sl0I2iS.
Bacon-Steady; boxed lots extra shorts and
clear ribs. $40. 97la short clear, SILL.
The Montgomery advertiser., 1902-05-17
New York Cotton Futures.

NEW YORK. May l6.-ouotations for cot
on futures today We're as folloMs
The Montgomery advertiser., 1902-05-17
Total Net Recei pts of Cotton.

NEW YORK, MAY i6.-The following are
the total net receipts OF cotton at all ports
since Sept L. 1901:
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
WHAT CONGRESS Is DOING; ALSO sOME
SINS OF OMISSION,


The adjournment of. the first ses-
sion of the Fifty seventh Congress
is not yet in sight, but already it
seems probable that several impor-
SAINT measures win go over TO the
second and concluding session.
Among these is the ship subsidy
bill, which has been passed by the
Senate, but which, owing TO the op-
position it has provoked in the Mid
die West, may be held back in the
House of Representatives, lest the
passage of it should cloud the pros
poet of Republican success at the
general election next November.
It is also doubtful whether the
Nicaragua Canal bill which has
been passed by the House and which
has been ~favorably reported to the
Senate by the Canal Committee of
last named body, will be permitted
to become a law at this session. If
any bill relating to this subject is
passed, it will probably empower
the President to purchase the Pana.
ma Canal if a valid title to it can be
given, and if not to proceed with the
construction of the Nicaragua water
way.
There is not the slightest chance
that the Senate will concur in the
House resolution directing the sub
mission to the States of a Constitu-
tlonGl amendment providing for the
election Of Senators by direct vote.
Those who favor this refor a MAY
as we'll renounce the hope of obtain.
Ing any time the voluntry CONCUR
renoe of the Senate. As we have
previously pointed out, they should
proceed under another clause of the
Constitution, which p~rescribes that,
When a demand is made by a desig-
mated number of States, Congress
shall call a Constitutional Conven-
ton. Once called, however, such a
convention could not be limited TO
the consideration of a particular
amendment, but could propose any
change it wished. The knowledge
of this fact would coerCe the Senate,
IT 1t saw that such a convention
wastmminent, into concurrence with
the resolution lately passed by the
House of Representatives.-Collier's
Weekly.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
AFTER B M POTASH.
The Fertilizer Trust Obtaining Option
AbrOad-GOt Two Already and Has Other
On Its String.

The Fertilizer Trust Obtaining Options
AbrOad-GOt Two Already and Has Others
On Its String.
BERLIN, May 3.-The Virginia.
Carolina Chemical Company, which
is a large buyer of German potash,
has been trying to acquire some
works in the Hanover potash district.
These negotiations are the only basis
for the report that the company is
seeking so acquire control of the en-
tire German potash industry.
The Virginia Carolina Company
has obtained options on two potash
companies and has received offers of
sale from, or inquired the price of,
several Other companies. These are
all small concerns and outside of the
great potash syndicate, the ten asso-
ciated properties are valued at 225,
OOO, 900 marks (about $25, 500, OOO).
The Prussian government also owns
potash fields of equal value. Agents
Of the Virginia. Carolina Chemical
Company are making persistent eff
forts to gain a foothold in the potash
industry here, and DR.. Schneider,
the company attorney, Is examining
into the titles of potash properties
for them. Half of the potash
produced in Germany is sent to the
United States and IL ia ha1iaved that
large intermediate profits could
be saved if the American importers
owned mines here.
The Disconto Gesellschaft is fnan.
cially interested in potash, and a
representative of this company has
said he does not believe the Ameri-
can company will be successful in
obtaining control of any potash CON.
Germs except those outside of the
syndicate.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
THE DISASTROUS BOER WAR.

The number and the character of
England'e disasters in South Africa
are remarkable. Never was a war
conducted in modern times about
which the world has appeared to
have so little or so faulty knowledge.
A British column of more than a
thousand men, while on a march in
an open country, is surprised by a
handful of Beers, the British take
to their heels, and their leader,
Major General Methuen, is captured.
The explanation hurriedly comes
that the British forces were raw re-.
cru1ts, under fire for the first time.
and that they could not be expected
to stand like veterans. But England
has been finding 80 many of these
big and little Majuba Hills that she
must soon run out of excuses. She
does not seem to be able to prevent
the possibility of such stupid blum.
ders, although she has been at the
business long enough to know what
they cost her. But the fact is that
there is nothing in the world harder
to improve and reform than an ill
managed war Corruption, favorit-
ism, incompetence, and dry rot can
live longer in it than they can in
other human affairs. Mr.. Lincoln
knew sorrowfully how hard and
how dangerous it is to swap horses
in the tide of war, and so does Lord
Salisbury. This South African War,
for an au-round drama of folly, is
without q rival. 1t is the folly of
BODYBUILDING greed, the folly of saw.
age selfshness, and the folly OF
military and imperial vanity .-Suo-
cess for May.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
THE CHARLOTTE EDUCATIONAL CON
FERENCE A SUCCESS.

This county will accept the offer
of the general educational board and
will raise the Sc, 900 needed to secure
a gift of $4,000. Of the $12, 900,
"a, 900 will go to Henderson County.
The rect will be distributed among
the schools in this county.
In less than half an hour last night
about $4,000 of the necessary $4,000
was subscribed and the ~canvassing
committee is confident that it can
obtain the necessary $4,000 to-day.
The local subscriptions came after
a series of earnest, brilliant speeches
by men like Governor Ayoock, Mr..
Walter Page. DR.. Buttrick, DR.. G. D.
Mower and others, and was a natural
consequence of their mssterful repre-
sents ton. -Charlotte Observer, 3rd.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
GROWTH OF THE UNIVERSITY.

The Catalogue of the University of
North Carolina, just received, by it's
size and subject matter, indicates
the growth of that institution. The
list of the faculty includes So names
and of this total 80 are of profess
serial rank. The enrolment of stu
dents has reached the large total of
563, exclusive of the summer school
which numbered 90. Of this num-
Der, All are enrolled in the college,
81 in the law school, 81 in the medi-
cal school and 20 in the school of
pharmacy. The catalogue shows
satisfactory progress in all phases
of University work. Three new de-
partments have been created, in
Economics, Romance Languages and
Botany.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
AMERICAN SCHOLARSHIPS AT OXFORD

The will of Cecil Rhodes provides
for the Establishments at Oxford Uni.
versity of scholarships for students
from every English speaking colony,
and also from the United States.
His plan is that two young men from
each State and Territory of this
country shall be appointed TO these
scholarships, each of which repre-
sents 81, 500 a year for three a
The will explains that is was MIR.
Rhodes's purpose to encouragein the
students from the United States who
will benefit by these scholarships an
attachment TO the land from which
they have sprung, but without
Withdrawing them or their sympa-
thies from the land of their adoption
or birth. The will provides also for
five scholarships for German stu
dents, TO be nominated by the EN-.
peror. The fund available for these
purposes amounts to about $40, 0OO,-
O00.-Exchange.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06
THE FRANCHISE IN VIRGINIA.

The Virginia Constitutional Con
vention, which began it's work nearly
a year ago, completed it early in
April, and adjourned to convene
again on May %, for the purpose
either of proolaiming the new organ
ic law or else of submitting it to
popular vote. It's chief problem was
solved on April 4th by it's adoption
Of an article dealing with the suffrage
question. The Virginia plan adopts
a principle that several other States
have put into force, known as the
understanding clause" as a tenn.
porary expedient for a short period,
that is to say, until January LIST,
1904, local registrars may put on a
permanent roll of voters all appli
Giants otherwise qualified who are
able either to read or to give a "rea
Ronable" explanation of any section
of the new constitution when read
to them this in addition to tax
payers and to old soldiers or their
sons. That the general purpose of
this clause is to give an opportunity
for enrolment to white voters, while
excluding i~lliterate negroes, is not
denied by any one. Yet it does not
follow, as many people assert, that
there is anything radically unfair in
this plan. Generally speaking, the
illiterate white man possesses greater
political capacity than the ~illiterate
negro. The important part of a
measure of this kind is not the tenn
porary but the permanent method
that it introduces. The permanent
plan in Virginia is to be a yearly poll
tax of 81 so, besides which each ap-
plicant for registration must be able
to write his application clearly and
without assistance in the presence of
the registrar. Quite regardless of
any ~fRvoritism that may be shown
to the white voters, the Southern
franchise laws render an excellent
service to the negro rae when they
require from the negro voters either
educational II property qualification
or both. The ballot is of no. value
whatever to the negro who is not fit
to exercise it. The existence of rea-
sonable qualifications as to literacy
and property furnish excellent in
oentives to progress, valuable on all
accounts and harmful on none The
best and wisest friends of the negro
race are not worrying themselves at
all about new Southern franchise
laws. No Southern State has made
provisions which exclude the negro
of intelligence and property. The
Virginia constitution provides for
an improved educational system and
advanced methods of control Over
railroads and other corporations -
From "The Progress of the World"
in the American Monthly Review of
Reviews for May.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06

We go on building mills, and in
stead of placing our young men in
the best positions in them we are
compelled to send to Northern States
for competent %overseers, superln-
tendents and designers. This fact
alone shows that industrial educa-
ton is the foundation of industrial
greatness Exchange
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1902-05-06


server: The trial of 8. r.. McIn-
tosh and G. j. Jones for the lynching
OF George Ritten, which has had the
attention of the court here since last
Tuesday, resulted in the acquittal of
the defendants late Saturday even.
ing. The judge issued a bench war
rant just before the close of court
for John D. Barrett, the principal
States witness in the case The
warrant charges Barrett with alter
ing the wording of a letter which he
produced in court and which had
been written by Mcintosh to Barrett
before the indictment was brought.
The alleged change made McIntosh's
letter say that every word of the
accusation against him for killing
Ritter was "'true'' whereas il is
charged that the original writing
was els a lie" Barrett has not yet
been apprehended.
Fancy Hill Cor. Landmark: At
the academy Saturday night a regu-
lar literary society was organized to
meet every week. Every neighbor-
hood ought TO have such a society.
Is would be a means of intellectual
culture. Young people r going to
have somewhere to meet every week
or two, anyway, and if they had a
society they would meet there in
stead of having their parties, which
are generally conducted in suoh a
good; and they would enjoy the
society just as we'll if not better
after getting used to it, and at the
same time be learning something
useful.-Mr. Archer, who had a
letter in the Landmark a few weeks
ago on sheep raising, has been trying
to work up an interest in that in
dustry in this community, and he
has awakened some interest. / be-
lie We many of our farmers would
like TO quit raising so much cotton
if they could get started in some
thing else that would be- profitable.
No doubt more wool and less cotton
would be better for this section of
country, billy as it is.
Washington Cor. Charlotte OBJ
server: While the agricultural bill
was under consideration in the
House to day, some amendments of
particular interest to North Caro-
linians we're disposed of, particularly
that with reference to the PROPOSE.
ton TO increase the appropriation
for soil surveys. Representative
Henry, of Connecticut, an influential
member of the agricultural COM
mittee, strongly voiced his approval,
as did also Representative Small,
but ali argument was without avail.
The amendment was voted down.
Mr.. Small informed the House that
considerable work of this character
had already been accomplished in
North Carolina and that maps had
been completed for additional work.
The farmers, he said, were enthusi-
astic over the surveys made and
found them of practical benefit. Mr..
Henry called special attention to the
Importance of the surveys to tobacco
growers. However, Major Moody,
who is a member of the committee,
succeeded some time ago in getting
the appropriations so arranged that
the State will not be entirely over
1oOked in this respect.