davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1902-05-21
Murphy 6 Co.'S fInc.> Cotton Letter.


 NEW YORK. May 20-The most that can be said of the cotton market was that prices improved few points early in, the day. due mainly to better cables than were eypected and this fact helped to further harden prices later on, but this was followed by decline of points. The situation Is mixed and the best people in the trade entertain undecided views as to what the market may or may not do. Receipts keep so small to scare sellers who fear possible collapse and again the fine weather heretofore may give rvay to a prolonged spell of moisture. with serious con- sequences and again there lis danger of drought sutting down the ycrop in July or August. on the other hard the slack demand from exporting quarters Is having a bad ef- feet on speculation and the dry goods sltua- ton is alleged to have lost much of Its old time snap. Finally. 1t is possible that the Government report to be issued nn June 3ri may reveal some unexpected feature. as was the case on December last hence find sentiment at present quite divided, some former bulls being active on the hear side and vice versa. Rain. today fell at Fort smith and Savannah. while the temnerature was 74 to 30 for the entire belt Receipts at all ports were estimated at 4.o00. against II 900 last year. The Texas forecast was for unsettled weather in the eastern portion of Texas and fair and werner in western DOT tions, The weekly bureau report indicated generally good condition.
The Montgomery advertiser., 1902-05-21

New Orleans Sugar.
 NEW ORLEANS. May 2I.-Sugar. steady; open kettlex 2k93 S-i6c; open kettle centri- fugal. SSd31zc: centrifugal yellow. Shd 4 t-i6c: seconds. 2h@3 3-i6c.
 MolasseS-Dull: centrifugal. 66f8c
The Montgomery advertiser., 1902-05-21
Naval Stores

SAVANNAH May 2o.-Turpentinc-rirm at TAO
 -Rosin-Firm: receipts, s.sos. sales. .ess; SIPS: F. l.3o G. Sl.35: H, Sl55: l. sl95: K, SPAS; NJ. S2s5: N. s32 25; win dow glass S3 50; water white, S3.6o
 CHARLESTON. SiaE -rurpentine. dull; nothing doing.
 Rosin-I -nrhaneed.
The Montgomery advertiser., 1902-05-21
MARKETS FOR FUTURES
SHARP BREAK UNDER PRES
 SURE or REALIZING,
As the Afternoon Progressed .ths Bullish Tendency Became More
 Propopnced-1 to IS Points tis : Gain at the Close l.,

NEW YORK. May 2o.-The cotton mar,ssA opened steady. with prices points higher ifs point lower. following which there Was q sn.rp .soreak under realizing by room ionss ana pressure from Wall Street bear interestx The ea,iy stability was in keeping with a better class Of Liverpool cables than expected light receipts throughout the belt and reporss that spot cotton south was in better ,iernand at improving prices. Claims that tho recent rains rains in the South had done great good and that clearing weather was now in store con,- oined with late week Liverpool cables heInei 10 force the market back. But later 1t fe- came clear to all that the demand from. fnnot cotton houses exporters and New Rhxand spinners for the immediate postinns was growing and that formidable short Recount remained unprotected, helped tn encoursae buying for turn. As the afternoon proe rssssd prices steadily gained th the. upward course and sentiment gaineI in builish in- tensity. The Southern spo. markets were re- Ported ss steady and Generally unchanged. reports as to, the Financial status of the New Eneiand mills. Fore peace rumors from Lon oon' nrmer stock market and light estimates aor tomorroTs receipts at leading points proyed more than an offset for a bearish week. 1y crop ana weather report from Washington. net higher.
The Montgomery advertiser., 1902-05-21
New York Spot Cotton.

NEW YORK. May 2o-cotton. quiet: mid dling: 7-I6c: net receipts: g; gross receipts. M asse' p sales; so; stock; lss. es' Exports to
 Total today: Net receipts. 321o; exports to Great Britain. 5.s23: to Continent. 9,7I3; stock. 464, ,764.
 Consolidated-Net receipts. ;dseI: exports to Great Britain l7.o7s; to, France, 7s7; to. Continent. 22,637.
 Total since September l-Net receipts. 7- S4o.66i: exports to Gyeat Britain. 2, s37. .86 | {: to France. 6e5. 5.s39t to Continent. 2,4e5, 563
The Montgomery advertiser., 1902-05-21
New Orleans Cotton Futures.
Liverpool Cotton Futures.

LIVERPOOL May 2o.-.Cotton futures
 ened quiet and closed easy. American mid
The Montgomery advertiser., 1902-05-21
New York Cotton Futures

The fcllSSing were the ruling prices in tn exchange today:
 Tone rsteady: middling g 7-i6, steady.
The Montgomery advertiser., 1902-05-21
Treasury Statement
Bonds.

WASHINGTON. May 2o.-Treasury bal ances. Ste6.5s4.e25: gold. Ss5.635,o4a.
The Montgomery advertiser., 1902-05-21

Dated May l3. 1902.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
H. & B. BEERS MARKET LETTER.
Especial to News and Observer. }

Especial to News and Observer
New Orleans, La, Sept. 9-LiverpooI
advices were more encouraging than look
ed for, consequently our market opened
to points higher and subsequently ad-
vanced to 10 points additional on the
weekly weather report being more I'M
favorable than expected, closing at a net
gain of 13 to II points on the day. The
weekly weather report summary was as
follows: Texas and a large part of the
central and eastern districts of the cot
ton belt have had abundant rainfall
during the week, but it is doubtful
whether the beneficial effect of these
rains to late cotton will offset the injury
done to open staple. Cotton has opened
more rapidly than it could be picked.
In portions of the central and eastern
districts many fields are already nearly
cleaned, and the reports generally in
dictate that the crop will be gathered
much earlier than usual"
The practical CORPORATION of monthly
bureau today by the weekly weather re-
port which shows marked deterioration
in crop outlook, will undoubtly have it's
effect on the mind of European spinners.
1t seems that the purport of the bureau
is just beginning to percolate, judging
from the improved demand for spots in
Liverpool. In our own market the sales
were $500 bales today and values showed
a firmer tendency With a continual de-
mand for spots the heavy movement will
be offset. and if speculation enters the
market prices may enhance considerably.
Nevertheless it must not be forgotten
that the world requires over 100000
American for consumption this year, ir-
respective of any other feature and,
therefore, we think purchases made on
all decided breaks will ultimately prove
profitable II. & B. BEER.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
STOCKS AND BONDS.

New Yrk, Sept. 9.-With business we'll
in excess of ,000,0 900 shares widely dis
tributed, todays stock market ruled gen
orally firm with many marked advances
and closed with sentiment rather mixed.
Except for further good crop advices and
word of an approaching Importation of
gold from Australia, there was little to
account for the strength shown. On the
other hand, the financial outlook was
again menacing, call loans advancing TO
8 per cent. No little dissatisfaction was
shown at the status of the coal strike
situation. In good part the days opera
TONS were attributed to the many pools.
The market opened with gains in the
Southwestern stocks, particularly those
III the Gould system, and the strength of
these issues, more especially Missouri
Pacific, which was the feature in point
Of activity was accompanied by a host
of rumors. none of them authoritative.
The street" ascribed much of Missouri
Pacific's strength to the operations of a
well known pool and this belief was
heightened by the character of the buy
ing. Later there were large and brist
operations in some old favorites, such as
Louisville and Nashville, and Southern
Railway and it was in these stocks that
manipulation was most manifest. Con-
current with the move in these issues
was the strength of st. Louis South
western. and the so-called Denver class,
but in these as well as in Southern Pa
cifc manipulation was at times almost
iiagrant AS on the previous day, and ir
fact for some time past, commission
houses reported dearth of public inter-
no
move in Wabash issues and in Wheeling
and Lake Erie. which advanced sympa-
thetically. Little interest appeared to be
excited by the regular dividend announce
ments in Western Union and Manhattan,
traders taking them as foregone conclu-
sions The advances in Southern Railway
met with free selling for London account,
but at the opening that market bought
moderately of Southern Pacific, which it
also sold when that stock moved up.
The day as a whole once more found
London a seller on balance. United States
Steel shares were comparatively inactive
and inclined to heaviness partly as re-
suit of an adverse legal decision, though
both issues held their own at the close.
In the last hour stocks which had been
previously neglected such as Union Pa
cific, Atchison, Southern Pacific, Balti-
more and Ohio and Sugar were taken up
and made varied advances. In addition
there was another heavy buying move
mont in the Wabash issues and the
Southwestern group with counter move
| in St. Paul, and Missouri Pacific, which
appeared to be in the nature of profit
taking. New high records were made by
the last named stocks as we'll as by At
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10

SEABoARD STOCKS AND BONDS.
BALTIMORE, Sept dashboard Air Line
common 321S0325a preferred 59A@52A
Bonds-4's SShnS8A.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10

Gibson. the Wabashes, Wheeling and Lake
Erie. Pacific Coast, st. Louis South
western preferred, Southern Pacifc,
Sloss Sheffield Steel preferred and Cen
eral Chemical preferred. Rock Island
issues were a feature both on the eA-
change and on the curb, operations III
the first named being stimulated by the
strength of the new securities in the out
side market.
Wabash Debenture BIS continued the
feature Of the bond market today, enor-
nous purchases advancing them nearly
six points to 49, No further light was
thrown on the recent extraordinary trad-
ing in this issue. The general bond mar
llct was also active and strong. Total
sales (par vame) $5,e55,000.
United States old As advanced Is, the
new rs, coupons, 4 and the S's y per
cent on the last call
The total sales of stocks for today
were 1.129.700 shares, including the fol-
lowing Atchison $500; Atchison pre-
ferred IA, 500; Baltimore and Ohio 4O,l5O;
Chicago, Great Western 1000; Chesapeake
and Ohio $500; Chicago Terminal and
Transfer Company 1880: Erie 14,70O;
Louisville and Nashville $4,000; Manhat-
tan Elevated 10. 100; Missouri Pacific 49,
GOO; Missouri, Kansas and Texas 2I6oO;
Missouri, Kansas and Texas preferred
1900; Norfolk and Western $500; New
York, Ontario and Western 1850; Penn
sylvania Railroad 14400; Philadelphia
and Reading $500; Chicago, Milwaukee
and St. Paul 1880; Southern Pacific
Ct leo; Southern Railway 9S,40o; Texas
and Pacific $1,000; Union Pacific $4,000;
Wabash 1890; Wabash preferred 1920;
Amalgamated Copper $500; Brooklyn
Rapid Transit 2g.GOO; Colorado Fuel and
Iron 600; Rcrublic Iron and Steel g.
SG0 Western Union Telegraph 1880;
United States Steel Corporation 1880.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
STOCKS.

CINCHO WILL RELIEVE THAT
tired feeling. AT all fklntains.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
MARKET CLOSES AT TOP
Making a Net Advance of About
Twelve Points.
ADAY OF HEAVY DEALINGS IN STOCKS
The Market Rules Generally Firm With MANY
Pronounced Advances and Closes With
Sentiment Slightly Mixed. South
ern Railway Goes Higher.
(By the Associated Press.)

New York. Sept. 9.-There has been no
change of any moment in the market to-
day. The demand for the general run of
cotton goods has been fully up to the
recent average with no quotable change
in prices but the tone of the market
throughout for both staple lines and
fancies is firm. Exporters have consider
able orders in hand, but are too low in
their prices in most instances for bust
ness to be done. Cotton hosiery and UNI
derwear in fair request and steady in
price.
NEW YORK COTTON MARKET.
New York, Sept 9.-The cotton mar
ket opened steady with prices / to )
points higher, this in sympathy with
firmness in the English market The
early weather reports and the weather
forecast were summed up as favorable
to the crop, while receipts were nothing
short of prodigious. Following the call
general buying of a substantial sort car
ried prices quite steadily upward until
January reached S.27, at which level the
traders who had been fortunate enough
to go long of the market at the close last
night sold for profits. A slight reac-
tion occurred, but the undertone remain
ed very steady The commission houses
all had liberal buying orders and the
late cables from Liverpool were bullish.
Europe, the South and Wall Street were
buyers. Then came the weekly crop
weather report from Washington, and it
failed to note the expected Improvement
in the crop condition, but rather told of
the confirmation of the short yield in
Texas and other districts. The market
for the balance of the session tended UP
on brisk general public buying, with
January up to S.S1 and on nervous de-
mand from the shorts. There were re-
ports of too much rain in Georgia and a
portion of Alabama, the complaint being
that open cotton was damaged and dis
colored. The market closed very steady
at about the top for the day, net adj
vance of about II points. Total sales
We're estimated at 100000 bales.
NEW YosK, Sept Cotton futures opened
steady
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
NAVAL STORES.

WILMINGTON, N. c., Sept. 9--Turpentine
moth ng doing at IS; receipts % casks.
Rosln st sdy at Sl.,0Ol.l5; receipts 68
Crude firm at Sl.40Q52b0; receipts IL barrels.
Tar firm st 81 So receipts A.
SAVANNAH Co., Sept -Turpentine firm
at 4I2; receipts l64S; sales 557; exports ).
Rcsln firm, receipts 1922; sale, 37e; exports
Quote: A, B,C,sL22H; D, St22h; E, gl25, f.
81. 32@: g, S1.871z; H, 6L60; |, S1.S5; K S245:
VI. ~ 95; N, 50 40; w G, $3.50; Wv, 1885.
CHARLESTON, 5. c., Sept. o. Spirits turpeptlpe
firm at 44 receipts -, sales 40; exports -
Rosin nrm; receipts =; sales 30C0; exports
Quote: A, B, C, d, E, q 10; F Abs; G, 40;
z 1865; I, $500; $3.50: N, a. O. n, $3.50; VIC
- w W; ,s3.G5l
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
Spot cotton closed quiet middllng upland
middiing gulf 91s sales 216 bales.
NEW ORLEANS COTTON.

New Orleans, La, Sept. 9.-The de-
mand for spot cotton today was quite ac-
tive. Quotations unchanged.
The market for contracts was in an
uncertain during the first part of the
day. The opening was four to five points
above yesterdays closing range and was
followed by further gain of from five
to six Points in sympathy with New York.
At that level there was disposition
among small traders to realize and prices
fell off four to six points temporarily in
consequence. Later there was some i'm
rrovemrnt and the market was fairly
steady at the close, showing net gains
of eleven points on September and thir-
teen 10 fourteen points on the other
months
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
NEW YORK MONEY

MY YoRK sert. II m.-Money on cali
firm at cas- per cent; closing bid and asked
5CD5M per cent; lastloan at per cent; ruhng
rate per cent. Prime mercantile paper
5Gn5H per cent Sterling exchange steady with
actual business in Banners bills at 48525
for demand and at $500 for 60 DAYS.
Posted rates 4eIh0Ls5 Commercial bills 4.82.75
@Ls325 Bar silver 5iB Me yicau dollars 4ox.
Government bonds st.tngi State bonds inactive;
hvilsoad bonds stron2.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10

orally We're decreasing. With these con-
ditons and good outside business de-
veloping, the bull view of the market
spread and after early dips, prices
closed firm, September wheat &c up
December wheat 1@05sc higher, Sep
TENDER corn 3-Sc higher; December
corn 3-S01kc up, September oats $50
Y higher and December oats 1a@SBc
higher. January provisions closed 2i6c
lower to &c higher.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10


J.S.Ref. 2'sreg..Io8M
S. s. Ref. rs cou 1881
U. S.5'sreg ......1o7B
=" cup ........1o7B
U. s. new as reg 1867
a" coup ........136b
U. S. old as reg.109A
" coup ......11oK
U. s. SIS reg. los
+" COUP. .,.,1o5
Atch'sn Gen, Rs.1o+
4" adj 4s...... 96K
Bait. IL o. as. 10 w
do 3 1-2's. 94A
do cow. 4's..114h
Can. So. ends. MOS
9. OF g. 5's......110A
" 1st incomes. 8Oh
C. & o. AVS. :. 1909
G. & A. 3 i-2's... s1B
G.. B. & q. 4 g. 96H
CM&StP gen 4's112B
G. Il N. con rs. .135
G.. r. l. IL F. 4's.1o9H
CCC&SLgen4s.1o2h
Chicago Ter. as. 90
Colo. So. 4's..... 9t4
ID q, Rio G.4's...1o2
K. prior lien as 1907
Erie Gen as. -. BIZ
F,W. &.D.C.1sts .114h
Hook. V. LIZ s,109H
L. d N. mi. As ..1o2
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
WHY NOT Be COMFORTABLE?

There is no time for discomfort in this short life of ours
No need for it either.
You are wasting time sleeping on other thana Royal
Elastic Felt mattress.
You can sleep more in five hours on "RoYal" than
YOU can in seven on any other mattress.
A small quantity of first quality sleep is worth more
than large quantity of inferior and broken slumber.
Royal Elastic Felt Mattresses spell comfort and mean
health.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
GRAIN AND PROVISIONS.

Chicago. Ills. Sept. Cereals acted
bullish today. The official predicted big
movement of wheat Northwest failed to
appear, the weather worked against the
maturing corn and stocks of grains gen.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-10
DINDa.

Mex. Cen. as. s2M
do 1st Inc. 31M
Mimi. & St.L 4s104
NJ, X. g. It. 4s.... 991s
. 2nd's...... e4h
N. {, Q. lists. ..lo2
do gen ) I-2'.1o7
N J. g. gen. 5's..136
No. Pac. 4's......1o4h
" 3's........,.. 74h
N. &. W.con. 4's.1o2K
Reading gen. as 60
st l. b | Mton 5's117
st. L.&S Egen4s101h
st. l.. S'wes rs. o9H
do 2's........ 50
S.A.&A.Pass AS s9A
So. Pac. 4's..... 94h
So, Railway 5's.12Ok
r. & r. lists.
T.. st. Law. AS. 81
Union Pac. as. .lo4M
do cow. 4's.113B
Wabash 1sts."..l1oK
. ends ........109H
do, Deb. b, =. S8N
West Shore a 8. .1J3A
w y l., e, 4's... 94A
~ls. Gem 4's.,.. o2M
Mobile e. o. a.. 81
G.. of ga. con SIS. .11oA
81" LIST incomes, 81
=" I'd incomes. 40
Con. Tob.. as. ON
New-York tribune., 1902-11-01
MERIT SYSTEMS PROGRESS.
THE CIVIL SERVICE COMMISSION TELLS
WHAT HAS BEEN ACCOMPLISHED
IN THE LAST YEAR

Washington. Oct. 31-The nineteenth annual re-
port of the United States Civil Service Commission
for the last fiscal year has been submitted TO the
President II announces substantial progress in
the competitive system and general observance of
the Civil Service law and rules in the year. The
inclusions in the competitive system in the year
were the rural free delivery service considerable
portion of the field services of the War Department
the Census Office permanent employees and the en-
ployes appointed because OF the increased work in
the with Spain. There were 62,O29 persons
amned for places and149S3 persons appointed, rein
stated transferred, large increase over any pre-
ceding year The commission recommends legisla-
tion applying the competitive system TO the Dis
trict Of Columbia. A revision of the rules to
supplaut the present obsolete provisions and the
disjointed arrangement Of numerous amendments
will soon be submitted to the President.
Regarding political activity of Oficehoders. the
commission says:
In the classified service. where the choice is made
the tenure oee is pEaeed by tSe Change Of
m IT is to pr Proyd vide, that m vds the
as he pleases and TO express privately his opinion
part in political anagement or in political cam
paigns, for precisely the same reason for which
barred from taking such active part; while in the
Gsg o6 tTHe e Sroper Sa
II the present state of public opinion are different
sub0rdinates They must hot use their offices to
control political movements influence the result
of elections: they must not neglect their public
duties nor cause public scandal by their activity.
The commission believes that the standards here
adopted are the highest which practicable at
the presnt time. and that in enforcing their per-
fOrmance may always keep pace with promise,
which would not be true If more exacting stand
ard weer now adopted 1t is obviously unwise to
apply the rule TO a fourth class postmaster
In small village, who has no employees TO intimi
date and who wishes to continue to act IN POLITICAL
analrs as ne Always acted and 10 the mead or
great federal Office, who may by his conduct. or
even by his mere example, cOerce and intimidate
hundreds of his subordinates.
The commission later will make public the parts
of its report relating promotion regulations.
superannuatiOn in the Civil Service. and the need
OF the compettive system in the consular service.
New-York tribune., 1902-11-01
PRESS DEMANDS FOR LOWER NEAT
PRICES IN GERMANY PROHIBITIVE FOR LA
BORING PEOPLE.

Berlin. oct. Embarrassing pressure is being
brought TO bear the government with the OBJ
ject Of opening the frontiers for the importation
of foreign animals and a relaxation Of the regula-
tlons created to exclude meat imports or for
something which viii afford relief from the eX-
cessve prices Of meat which have risen TO
levels which prohibitive for the laboring peO-
pie and which seriously affecting the resources
Of middle class families. The magistracy OF Berlin
I'm a petition the government. says that if the
prices Of meat continue high they now
the salaries OF the city employees must be raised.
because their present salaries based on times
when the of food much less than pres
The petitioners also say that the expenses Of
the municipal institutions have increased $4,000
during the year, owing TO the higher prices
0f meat.
The best beef retails at "a cents pound, and
other meats are pre- portionatelv high. The whole
sale prices in the German markets are from Is to
25 per cent higher than in those Of neighboring
countries
Carl Marx of Frankfort Ton 1 Main chairman
Of the National Butchers Association. and J. H
SchuchmalEer, head master Of the Hamburg Butch
ers Guild have had a lengthy conference with .Ag-
IiCultural Minister Bodbelski. in effort to
remedy the situation. Herr POdbielskf rsc0g-
niZed that the present situation intOeTable,
and he expressed the hope that the German FARM
would soon be ble to depress prices through an
increased supply of animals. Should this not take
place he added. the government would consider the
adoption OF remedies
Home Secretary Posador sky in the Reichstag IN
the of the meat debate. affirmed that the
farmers were able supply the cOuntry's needs
This statement is taken BY the 'FleisCheT Zetung'
reached the conclusion that action is neces-
New-York tribune., 1902-11-01
LOUBET TAKING ACTIVE PART
HE HAS \ CONFERENCE on FRENCH
COAL MINERS STRIKE-HOPES FOR
AN EARLY SETTLEMENT.

Paris. oct. 31.-President Loubet. following
the example of President Roosevelt is taking
active part in settling the French coal miners
strike. To-day he held extended conference
with NJ Vincent. Prefect of the Department
Du Nord, who has been acting Intermediary
between the strikers and the mine owners in
that department The mine owners have given
to the prefect the names of four persons who
to represent them in a conference with an
equal number Of strikers In a semi-official
statement tonight President Loubet expresses
hope for an early settlement of the strike and
declares that this would be a political accom-
plishment beyond precedent.
st. Etienne oct 31.-The managers of certain
coal mines where the miners are on strike. have
written a letter to the Prefect of the Depart
ment of Loire. saying that they consider arbitra-
tion premature. the demands of the strikers
have only just been received The managers
say that they viii submit these demands 10
their respective boards OF directors.