davidaulloa/AmericanStories huggingface dataset:
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-12-01

The g4-rranths-oad HsEper SOS wise haG
grain - coffee lrdged - Els i'.Foai IS
al right u0w HoWsNeT - loSt ms OF
gagflsa.tr - serving sha Postum Teofis n
tfe5r paid fesfig7uuiais-
The Montgomery advertiser., 1903-05-09
New Orleans Cotton Futures.
secretarv Hester's Statement
NEW ORLEANS. May e.-cotton futures

NEW ORLEANS, May 8.-Secretary Hester's weekly New Orleans Cotton Exchange state ment, issued before the close of business today, shows increase in the movement into sight compared with the seven days ending this an increase over the same period year before last of g, 900 and an Increase over the same time in 1900 of Al 900.
 For the eight days of May the totals show an increase over last year of 25.0co, an increase oyer. the same period year before last of 2s'- 900 and an increase over 1900 of 43ooo
 For the 25o days of the season that have elapsed the aggregate Is ahead of the 25o days of last year 2s2, 900. ahead of the same time year, before last 67s.ooo and ahead of 1900 by i.47I 900.
 The amount brought into sight during the past week has been s5.36o. against 6S.7io 76 ooS year before last and 54. oo5 the same time in 1900 and for the eight days of May it has been lo27 7ol, against 77;se5 last same time in 800.
 The movement since Sept. l shows receipts at all United States ports ,4AS' M ss4 against i last and 6.3ss6ls the same time in 1900; overland across the Mississippi Ohio and Po- |. I.o2I .42I. against .o54, 627 last year, se4,- 242 year before last and l.i 2o the same time in 1900; interior stocks in excess of 6s. .oos. against e5. l92 last year. 3s7 646 year before last and decrease of 3S. 4l4 un- der the same n time in Soo sSafss5n o aat m vsa taE
 .l42. 20 year before last and l, 6S, 36 the same time in 1900.
 These make the total movement for the 25o days from Sept. l to date 10. 20,624, against o,S3s, S46 last year, e.442,703 year before last and g. 64o 4e6 the same time in 1900.
 Foreign exports for the week have been e6. 96o. against 64.23I last year, making the total thus far for the season. o.6o5. Al 5. against 6,oo4,3l3 last year, an increase of 3ol.io2
 Northern mill takings and Canada during the past seven days show an increase If 4772 as compared with the corresponding period last year, and their total takings since Sept | have increased 6.o26. The total takings of American mills North and South and Canada thus far for the sea son have been 3.593 eS9. against 3,4oa, 76 | last year. These include esl POS by North ern spinners. against l.e75. I62. Stocks at the seaboard and the 29 lead ing Southern interior centres have decreased during the week 6s, eo6, against a decrease during the corresponding period last season of 53el4 and now 343. 36e smalle. than at this date in 1902.
 Including stocks left over at ports and in terior towns from the last crop and the mum Der of bales brought into sight thus far for the new crop the supply to date Is lo3 SsS, against TO-. es. 533 for the same period last year.
The Montgomery advertiser., 1903-05-09
z. & B. Beers Cotton Letter.
Eanecin: To Tho Advertiser. ]


 NEW ORLEANS, May s.-Liyerpool was better than looked for, consequently our ma-- Ret opened 7al5 points higher on old crop months and 4al3 higher the new. Fresh buying shortly after run prices up 2do points h,lf realizing at this time superInduced de- cline of 66Io from the top. Values sub seouently became steadier near the close, mak- ing the net gain 6d points on near months whereas the late only improved points. The amount brought Into sight during the work was eb, 900 against e9 900 last year. and been Io l2I GOO, against s.e3e, 900 last year: The 3l leading interior towns have received 50 900 during the past wek. against 3o ooo last year and the loss in stock was Z2'ooO this year. against a decrease of So,ooo last ve.r Good showers again reported gen orally throughout the belt during the past "A hours and will be beneficial to the growing crop The amount brought into sight to date this year Is 262 900 over that of last year and 679. 900 in excess of year before last' therefore as the aggregate last year was D. sfs GOO and the year before last 1t was TO- SSS oOo the movement on It's face points to an outturn this year of TO- 963 900. compare1 fo last year and indicates crop or l'ool hor when compared to year before last The movement Is heavier than expected and the cron ia turning out larger than anticipated. However this has no effect on values as ac- five manipulation is going on owing 10 the small local stock and the frmness of spot holders. Under these circumstances 1t is haz- ardous to have any interest on either side in inc old crop months. We continue to suggest that all future operations be confined entirely to new crop positions. They are proving more attractive to Investors account of the large discounts they are selling at under Summer positions.
The Montgomery advertiser., 1903-05-09
O. E. Pierce e Co.'S Cotton Letter.

lover P-ivaae Wire fire 0tbert 4 Clay
 NEW ORLEANS. May S,-Markets continue in a feverish condltion.k though the tension is less perceptbie m Liverpool than may be noted elsewhere. Notwithstanding the in- creased demand for spots from the continent. the English market sailed along serenely. on the surface, with the improvement limited to a few points. From this acton two conclu- sions may be drawn. Foreign spinneis are either blessed with suriciency of cotton to burn or the game of procrastination Is being played to a standstill. In either event. re- suits are likely to be shocking. The process of liquidation was resumed here this morn ing and the ! | cents mark, was recorded while the task was being accomplished Prices ruc- tuated nervousiy thereafter, but held within close range of the top figure, During the past few days shorts have been pretty well dislodged from Iheir position in the cotton market which position had been made delicate by the quantity of untenderable cotton nEur- ing in daily receipts. With the short inter est diminished, however. the market Is de- pendent to a greater extent upon the nature of demand from spnners. Sc far as the Summer deliveries are concerncr the situation pre- sents very serious possibilities on either side; in fact the danger is too great for any body who has no intention of handling spot oattn- in ccrrer'ior with the contract Fall months are growing warmer, and will probably soon furnish sufficient excitement for the average trader.
The Montgomery advertiser., 1903-05-09
e. E. Pierce A Co.'S Cotton Letter.

(By Private Wire Wrom c. W. Lee col
 NEW YORK May s..It Is rather hard in a market where the column of prices rests upon the whim of an opeI ator to say anything that is worth reading. The simple facts are There is squeeze going on in May cotton and no one knows where the end will be or when it will be. In operations of this nature outside public Is infoi med Of the fact There Is evidently some extensive and impo. tant short interest outstanding and the bull clique profit out of this advance. It is not how ever. so much the position of May as mat Of July and August that needs comment Very few would be hardy enough to short May cot ton. but a great many are inclined to accom- pany the bun party in their short interest in July and August This may may ana , drh mas no, ys ps much upon the condition of things after May Is out of the way going upon precednt. the market usually ends up thing Of this kind with a CT ash; there is no reason for an excep- tion in this case as far as the local market is concerned. but look at New Orleans July here has been selling at 10 cents pound
 Messrs. Brown & Haynes control things in the South market and this operates against very much cotton coming to New fork as long the high level of prices is mixed in the South. There Is every reason to believe that after the May squeeze is over the market s,. high is this May business to carry July and August in sympathetic movement before he expected after June Ist. It is altogether too dangerous an operation to short cotton with port and interior stocks with 46e. coo bales less than last year. Money Is too valuable a commodity to be rsked in this fashion. We would rather turn our attention to the new crop where q man has, as the expression goes. a fair run for his money. There Is nothing in the cotton situation at the present time to induce any one to short October cotton at this discount. We have had ocasior to refer to the course of October in the Faif of 300 when conditions of supply and demand were even less favorable to an advance than now oc- tober then gained cents a pound before the option expired because the demand for the new how enc Tmous the yield of 1903 may be. There Is too little surplus cotton left over to give us anything, but a demand for Septem- Der and October deliveries this Fall. It will be found that spinners will purchase October rather than August. when 1t comes to the question of actual cotton.
The Montgomery advertiser., 1903-05-09
A. 3. Baxter 6 Co.'S Cotton Letter.
(By Private wire.l


 NEW YORK. May e.-The market this morn ing was excited and especially for May, which opened 8 points higher. Other monthr were unchanged to points higher. New Orleans was active on big buying of the near months Dun's review published a very bullish crop report and described the Texas situation as very bad. Cables were good Our Manchester advices were more builish than for some time. Big rains fell in the South and especi- ally at Fort Smith, and there was further rain in sight with warmer temperatures in the Southwest But despite thAs sellers were hold ing aloof and May shorts were being badly squeezed although May prices were quite cratic and fell off l6 points shor -- the opening The movement was being Ignored and notwithstanding a good deal of effort to in fuence sentiment to the idea that the better weather promises reasonable improvement ir the crop bulls were tenacously holding on The general idea Is that further squeeze fl | the old crop months is inevitable and that thu new crop must necessarily improve, especially until it Is known beyond a doubt that the crol | is progressing decidedly better than 1t ha been of late. Cables were very firm for nea l months and Liverpool was 66 points higher | Yarns were steadier at Manchester and cloth | were better with more business.
The Montgomery advertiser., 1903-05-09
New Orleans Spot Cotton.

NEW ORLEANS. May l8.-In the spot market there was little activity as offerings were light. Buyer swere securing the mai ket for desirablC g. ades. which were hard to find. sales, X,2oU Dales, including POO to alrlve. Following the lead of Liverpool and New iork quotations were advanced hc.
 Futures were again the boom. July mounted in the -cent level, thus fulfilling the p. edictions of the long side that it would go to that pIice before this month was over. The market irregular and somewhat fe- Vel ish. bulls were In complete control of the situation The market was strong and the situation itself offered enough ength to support prices without much manipulation. me ring was active and the volume of trade large. In the trading of the morning May ad- points to 1 I. August i5 to io.5l and Septem- Der IS to 9.35. From these the highest heures of the day, there was a loss of 5g6 points caused by realizing. the list at the clos eshowing net gains of points on May, June 4, July 10, August g. September l l and each on the other positions.
The Montgomery advertiser., 1903-05-09
WALL STREET REVIEW DEsULToRY DECLINE OF DAY BEFORE IS CONTINUED. Sharp Rally at the Close in Some Stocks Indicated That Selling
 Partly Had Been for
 Short Account.

NEW YORK. May s.-The stock market continues the desultory decline which devei, e0ed yesterday and which was without special naI 1essional traders to sell stocks. The snarp rally at the close in some stocks indicated that the selling had been partly for short ac- perceived that the shorts were attempting to cover endeavored to mark up prices upon rapid advance of 3%c in National Railroad of 1fextco preferred which was without other explanation. Amalgamated Copper and United 8tates Rubber stocks moved upwards at the last and there was a sudden recovery in Deia- ware and Hudson The late hardening in the market brought some prices slightly above last 1sirht and reduced the net changes in all eases to small proportions. The heavy tone Of the market in the early part of the day was was partly due to the sympathetic effect or the relapse of 2ssc in St. Louis and San Francisco and the weakness of Rock Island In race or reiterated assertions that the amaigamatloh or the companies had been completed. The weak ness of the stocks might be variousy attrio- uted to the failure of the expected official an nouneennent of the deal, to disappointment over plction of the deal or to surviving ooun' whether the project would be completed at all. Denver Southwestern preferred sold downward. This stock has not been dealt in actively. the last sale being at 60. There was also 2 sale of United States shipbuilding at z whereas the recent quotations have ruled at bid and 10 asked. The indications in these violent declines among dormant stocks of the unmarketable condition of some of the securi' ties in the market had a bad effect upon sen timent. There was some ground for suppos' ing that 'the transactions were forced for thi' purpose. The foreign exchange market cen finued very strong owing to the continued de mand for money in London in connection witf the Transvaal loan and it is believed that some gold may go from here drer- to London nc x week. The large remittances abroad are be 1eved to foreshadow another large loan in crease by the banks It is pocsible that some syndicate transactions may also figure in this item. The market closed firm at the rally
 but very dull.
 tfa
 $i .45o 900. United States 3s, coupon, de- , rlined M on the last call
The Montgomery advertiser., 1903-05-09

NoRFoLK-Ffrm; middling. Ios4: sales. 32 TAP PPt'TTIMoRE~Nomirai; middiing. lI; re ceipts e37; stock. 3.e2o
 BosToN-Duil; mlddling. io.ss; net re- eIgi ifLADELPHIA-steady: middiins. II.4o receipts a0s stock 2,2s2.
 ST. IoUIs-steady; middiins. lok sales
 NEW YORK-Nominai: middiing. Ii.i5 gross receipts. e.7s3; stock, Io4.6i4.
 Total today-Net receipts. o,4S2: exports t inc continent 2.oo2; stock, 800, le6.
 Consolidated-Net receipts. e7, ass; export to Great Britain, 4i,2sz; to France. 6.2ie Total since Sept. Met receipts. 7.436. 6es exports to Great Britain. 2.6e2.e3: to France 732, ,497; to the continent, 2,e66,27e; to Ja' pan I33, ,4S2
The Montgomery advertiser., 1903-05-09

CHICAGO, May s.-A reversal of yesterdays weakness was manifested in the wheat pit to- day and prices had a strong upward tendency. July closed %GMc higher. July corn was up Sc with oats A9&c higher, while provisions were unchanged to l2rad Sc lower.
 There Was a good trade in wheat and the principal feature of the session was the ab sence of selling by the chief long, who, it is said, about cleaned out his line of July yes terday, when he disposed of something like 1000, 900 bushels. Opening prices were firm on comparatively strong cables. Liverpool severe break here yesterday. and July was a shade to h@hc higher at 7i%d7iA. Selling by scalpers on the improved weather condi- tions resulted in an easier tone soon after the opening. and July sold off to 7Ih, but good scattered demand from the commission houses soon brought about rally. There were re- newed reports of damage from the cinch bug to the growing crop In the Southwest and this together with the strength at Minnea polls added impetus to upward movement of prices aided active covering by shorts and prices continued to improve, the closing figures be- ing at the top notch of the day July closed %d%c higher at 72h and May was lc higher at 7eh Clearances equalied 2e7. 500 bushels Primary receipts were POI, 800 bush els. against 24e, POO a year ago. Exports of Bradstreet's were equal to 3,2o2, 900 bushels Minneapolis and Duluth reported receipts of si cars which with local receipts of 34 cars, two of contract. made total receipts for the three points of IS, against s5 last week and 2o4 year ago.
 Corn was strong the greater part of the day. but the volume of trading rather light Offerings were small early in the session, but a little liquidation set in during the latter half which resulted in a slightly easier tone but the market soon rallied again. Firm ca bles, fair cash demand combined with re- ports confirming the lateness of the crop in many sections were the chief bull factor After selling between 441kG44% and 4b, July closed ssc higher at 44h. Receipts were 22a cais. 10 contract.
 The strength in wheat a strengthening influence in oats, but the main support came from shorts who covered sales made yester- day. There was fair trade throughout the day the May option being especially active July kd%c higher at 32x932A. after rang ing between 3l7s and 32h Receipts lIs cars
 Trading in provisions was rather quiet with offerings about equal to the demand. Open ing prices were steady on the hog situation and buying by packers caused a little better feeling. but the advance was not maintained July lard was of l2ha 5c at se and riLs were down 2tsc at S9. 3S.
 The leading ;utuIes ranged as foIiowa
The Montgomery advertiser., 1903-05-09
Allen Miles Co.'S Hide and Leather
 Latter.
Especial to The Advertiser.l

Special to The AdvertisefI
 CHICAGO May S.-Packer hides steady for January and April at previous prices. but February and March are dull and neglected. Packers ask advance for May hides. Two cars May heavy Texas steers sold at I4hc. Bids of Ilc for late April and May Colorado de- clined. asking ,.eGiltc advance to sell ahead Native cows steady at Ioc for December and January heavies. Light native cows offered at exc for March and oc for April. April branded cows offered at loc; bids of SAC de- clined Country hides a trifie easier as tanners decline to make offers and dealers getting caught up on sales of buns. Country heavy cows steadier than buffs. as receipts are run ming a smaller percentage heavy.
The Montgomery advertiser., 1903-05-09
worlG.a visihla. Supply.

NEW ORLEANS. May e-Secretary Hester statement Of the worlds visible supply Of cot ton. made up from special cable and tele- - graphic advices. compares the figures Of this week with last week. last year and the year before. It shows decrease for the week Just closed of I66.7io bales against decrease of 54 7o6 last year and decrease of los'- SIS the year before last. . ,
 The total visible is 2,s75; 72S against ,Si g., J62.43S last week. 3. AS 746 last year ana s'524,o7I year before last. Of this the total of American cotton Is .e42. 725. against l., 97s ASS last week. 23sl .746 last year and 24so, ,o7l year before last: and of all other % kinds including Egypt, Brazil India, etc
 I.I33. 900. against I Ie4 900 last week L- oo2 900 last year and l,o64,oo year oefor' last. . .
 The total worlds visible supply of cotton a, above shows a decrease compared with las week of Ieo.7lo bales: decrease compared rs with last year Of 465, o2l and a decrease com pared with year before fast of 54S $40.
 Of the worlds visible supply of cotton al above there is anoat and held In orea
 Britain and Continental Europe, ;I5os; o;p00 S, against iel6ooo last year and i,TsS'Oo' | year before last; in Egypt, 5000 asains 1 l47. 900 last year and l7l 900 year betor
 last; in India. 6ee 900, against 5ee,ooo las
 year and S56, 900 year before last: and al in tn tn
 United States 45l ooo against 7es, 900 las
 year and l,oo5, 900 year before last.
The Montgomery advertiser., 1903-05-09
Naval Stores.

SAVANNAH. May e.-Turpentine-Firm al 45H bid; receipts. 46l: sales. 40; exports
 Rosin-Firm; receipts. Ios2; sales. eee exports. SO: A. B, c. D, E. SI.7o; T. $i75 G. Sl.6o; H, S225; I. $2s5; K. S3; M S3.Io; N. S3.i5 window glass S3.25; water white S3.35.
The Montgomery advertiser., 1903-05-09
St Louis Provisions.

ST. LOUIS, May e.-Flour-Dull; red Win ter patents. S3. .4od3.55 extra fancy and straight S3 Iod6.4
 whiskey-Steady at Sl 30.
 Dry saIted meats-Steady; boxed extra shorts Se. 37la; clear ribs. Se. .62h; short clear S9 70 Racon-Steady; boxed extra shorts, s 10. 371s clear ribs, SIo.62ls; short clears, Slo.75.
The Montgomery advertiser., 1903-05-09
oN May e-Turpent,ne-ouie,

CHARLESTON. May s,-Turpentlne-Quiet RosIn-ouiet: sales, 25o barrels; A. B. c, D. E. SLIGO; F. Si.65; c, SI 70; H, S2. 5; I. SAYS; K, $2 90; NJ, S3: N. $3 oh; win dow glass S3l5 water white, $3,25
The Montgomery advertiser., 1903-05-09
Bank Clearings.

NEW YORK, May s.-The following table, ermpiied by Bra.l.sr shows tho bank clear Snxs at the cit:es named for Inc week ended May 6, with the percentage of increase and decrease as compared with the corresponding week last year.
The Montgomery advertiser., 1903-05-09
pailv Cotton Market.

NEW ORLEANS Firm: sales, 2.2so; ordi' nary. s% good ordinary. 9%; low middlins 10: middiing. Io% good middlinG | S-I9 middling fair. %; receipts. 2'7sS; stocK GALVESTON-Strong; middling. loA; sales 200; receipts. 2,433; stock, 62. oeS-
 MOBILE-Quiet; middling. loS; stock L. 45e.
 SAVANNAH-Firm; middling, Io%' sales 67; receipts, 495; stock, 23.o6S.
 CHARLESTON-Firm middling, lo@' TO ceipts lSo: stock S.6Io. ceIpts, |; stock, s,7oe
The Montgomery advertiser., 1903-05-09
MARKETS FOR FUTURES
COVERING BY SHORTS ACTIVE
 AFTER THE OPENING.
At One Time the May Option Reach es 11.o1, c New High Record.
 Close Higher to 8 . Points Lowr.

NEW YORK May o-The cotton market opened steady at unchanged ,rices 10 sn ad. vance of Q points and ruled very nervous and covering actively. influenced by the higher Liverpool cables and renewed manipulation with all the months except October. Noyem, Der and December touching new high level for the season. Almost immediately May sold up to II.oI. against io.ss. the high point Of yesterday. and July reached Io22 ., against ssst ins an advance as compared with the closing figures of the preceding night of qle points for @ ths isr nearby n9 month. o~ % %sScisnty to ease values on and May sold down to los7 with July touching io.l4 and August s.so. The weather reported through the South. was fa- yorsbie and port receipts for the day slightly exceeded those of last year. this leading to selling of the late months which were rela- weekly statistics proved rather more bullish than expected, however. the into-sght for the week falling short of expectations and the advances of h6kc. These factors restricted sales and the clique again supporting May in in the later dealings With May selling back to 10. 9S and the list as whole closing net points higher to points lower Total sales of futures estimated at i75,ooo bales.
 Local Cotton Market.
 cuotations for spot cotton In the local ootton -,srket ve.."-iay were e follows; ,., Strict middfng .............:.......-..'.. ,Sn Strict low middlng ......................... sh Local Weekly Cotton Statement
 Stock on hand Sept. [. lso2....:..... 222s Received the past week. l3O
 Received previously ....f2T.474-'2T.oo4
 Total .. ...............................I2s.sss I2s. sss shipped ' previously @ '.........,a7, ss-las. ss4 Stock on hand Thursday night May ezo s'0sx year on nana oot!e'ponuns .e. @ 2.7os Received corresponding week last ,o. z s1 year '.'.'''''.. ~S' last year .................E ....I57.3Il ! Price May a. Ieo2-MiddIing ............. eh Price May g. leo3-Middling ng.............,.lo
The Montgomery advertiser., 1903-05-09
rraasnru Statement.

WASHINGTON, May s.-Treasury balances exclusive of the gold reserve show; Available cash balance. $223, 24,7s2; gold. Sioe. 22.' ser.
The Montgomery advertiser., 1903-05-09
Kansas City Live Stock.

KANSAS CITY, May 6.-Cattie-Recepts. 900 natives. 100 Texans; calves 50 na- tives market steady. Choice export and dressed 0oNf
The Montgomery advertiser., 1903-05-09
Chicago Grain and Provisions.

Total sales for the day, 3s2, 800 shares,
The Montgomery advertiser., 1903-05-09

New York stcck List.
The Montgomery advertiser., 1903-05-09
Total Net Receipts of Cotton.

NEW YORK May 9.-The following are the total net receipts of cotton at all ports since