davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1903-05-24

while the bears rule from time to time, the Duiis have not as yet relinquished control of the general situation. and there are many who look for further wild fluctuations one thing Is certain and that is that the JriSinnl short crowd is practically out of running row, and that the shorts who are in the pit now are those of recent creation, those who have sold during the past week on the supposition that some of the earstwhile heavy bulls had turned and were selling the market for T sub stantial reduction in prices. There has also been much selling during the week ,o. the favorable weather. the improving crop pros- poets. the continued heavy movement and the curtailment on the extent of consu nption. Manufacturers have sold cotton short. realizing that the price is a prohibitve basis from manufacturers standpoint, and when any commodity scars to such level, 1t is time for people to sell their long cotton. Prices such as those which prevalent now will not help the manufacturing element, though there is popular belief that the mills are still well supplied with cotton bought at lower prices. It is also called that the spnners are in possession of a lot of con- tracts calling for the delivery of cotton in all months up to September and that when such cotton is called for. the speculator will be the loser. inasmuch if the price sor actual cotton is maintained he will have to go in the market and buy enough to satisfy his con- tracts. Conditions in most instances met ex- pectations today, though nervousness end un- certainty continued throughout the day.
The Montgomery advertiser., 1903-05-24
E. & B. Beers Cotton Letter.


 NEW ORLEANS May 23.-Notwithstand- ing Liverpool was better than looked for our market opened ll4 points lower. but shortly after an improvement of I4l2o points on near months and ga late established on fresh buying Near the close values receded slightly, making the net gain 2n 5 points on old crop months and 5q6 new, The visible supply of all kinds decreased 25. GOO during the week against loss of 95 900 last year, and the total to date is 35 900 under last year. The supply of American during the same time decreased 7i.o0o. against decrease of I0I 900 last year. and the aggregate shows a deficit of 492 900 under fast year. The visible supply figures were bearish; still ir. the face of this and more favorable weather conditions the optimistic feeling prevalent seems to become accentuated. even though the statistical situation has been weak ened considerably during the past four weeks. This can in a measure be attributed to the belief that the growing crop Is late and had a very unfavorable start. That the next month ly bureau report to be issued June 3rd will corroborate the views and that judging from present indications a large crop is neces- sary next season to keep the spindles of the world running full time. In addition to the above features the fact that crop months are ruling at such heavy discounts, is regarded generally an inducement to buy them on all Impressions. The old crop months are being left severely alone by the average operator and trading in them Is confined principally to liquidation and spot interests.
The Montgomery advertiser., 1903-05-24
ch,csec Grain and Prov,s,on..

CHICAGO May 23.-wheat was rather quiet early. but showed firmness later with slight advance. Near the close weak undertone
 developed and the close was lower. July show Ing loss of kTA. Corn was firm. wt.h light Oats showed considerable strength, July show ing a gain of k, while provisions fairly steady at an advance of 2}ad loe.
 The early wheat market easier on the cables and generally improved weather condi-
 tons, July opening a shade to SdLc lower st 73%@73&c, but predictions of frosts in Nebraska. and some bad crop news from the Red River Valley caused pit traders and com mission houses to buy and frmer feeling en- sued July advancing to 74h. Liquidation near the end of the session caused reaction,
 Armour being credited with unloading con siderable July and the close easier, with July down HG14c at 73%c. There was no
 noticeable improvement in the cash situation. Clearances of wheat and four were 45O,429
 bushels. primary receipts 357. 3e3 bushels.
 against 25S,764 a year ago. Minneapo and Duluth reported receipts of 53 cars, which with local receipts of 35. none contract made
 total receipts for the three points of 98 cars against last week and l32 year ago. The sentiment In the corr pit moderately bull ish on the crop situation and there was scat tered buying by commission houses and local traders, Increasing receipts the other hand was bear factor as were also liberal country offerings Under these conflicting fin . tiuenCes the market ruled steady, July closing Hc higher after ranging between 44ia and 44AM44's Trade light. due in a meas
 ure to the light offerings. Local receipts, 445 cars. 26 contract.
 There not large trade in oats, but the Elalk ket was quite strong on small offerings, and a bullish sentiment on the crop situation
 There was little feature in the trading and
 but little improvement in the cash demand
 ,Iuly closed isc higher at 337s after selling at 33s, and 344. Local receipts. I92 cars.
 Provisions supported by tho packers and the market held fairly steady. There was some pork and lard on the market early but a fair demand from brokers caused offerings to be quickly absorbed July pork closed Sc higher at Sl6 65; lard showed a gain of 2Ia at S9 o5 and ribs were Ioc higher at Se 40
 The leading .utWes ranged as toiIo~s
The Montgomery advertiser., 1903-05-24
New orloans Cotton Futures. NEW ORLEANS, May 23.-Cotton futu
LiverpnoI Cotton Futures.
,IN ERPOOL, May 23.-Cotton futures opened
 ady and closed quiet and stendv.
Daily Cotton Market.

NEW ORLEANS Quiet and steady; sales 300; ordinary, g 7-t6; good ordinary. g I5-I6 low niddling. 10 IIi6; middlng II 7-I6 good middling. i7A: mddlng fair, l2 e-i6 receipts. l.72s; stock. S3 SEQ GALNESTON-Quiet; middIing IIih; sales lo5: receipts 79o: stock 29, $40
 MoBILE-Nominal middling, io%; receipts 3: stock | BAY.
 sAVANNAH-FIrm middlingf tIA; receipts 35o; stock i5.574
 2.36l
 WILMINGToN-Nomin middling, Ioh receipts, 2: stock. 5.676 NORFOLK-Steady; middng, lt%; sales IA; receipts, 600; stock. 1854.
 BALTIMORE-N Nominal: mddlng l7h; stock 3.477.
 RosToN-Quet; middlns, l2.o5; net re- ceipts. 60: gross. 75.
 PHILADELPHIA-Stead mlddling, 1928: receipts. 22: stock, 3e95.
 ST. LOt'IS-Firm; middlng. Il k: salcs i23 receipts. 56o stock. I26i7
 NEW Y0Rk-Quiet middling. l2; net re- ceipts. 557; gross. APO; sales. Is5; stock l56.928: exports to Great Britain, ,25S: to the continent. 1902.
 Total today and eonsoldated--Net receipts. 4o99: exports to Great Britain, 2.C9l to the
 Total since Sept Net receipts 755t. o45: exports to Great Britain. 2.6e4 8S4 to France 7so's62: to the continent. 2e9e.S62; to Ja-
The Montgomery advertiser., 1903-05-24
WALL STREET REVIEW
HOPES FOR A TURN ARE AGAIN
 DISAPPINTED.
Weakness Develops Under Free Out Pouring of Stocks in Liquidation
 From All Quarters-Violent
 Break in United States Steel.

NEW YORK, May 23,-Hopes of turn in speculative sentiment were again disappointed by the action of today's stock market in which acute weakness developed under free outpouring of stocks n liquidation from all quarters. The selling movement gathered force With the progress of the trading which was most active at the clos and at about the low point of the day. \ violent break in United states Steel stocks soon after the opening had had very unsettling effect on the whole list. The only explanation of this sp.vial weak ness was -umor that the Chicago plants of the company had shut down. The trading was somewhat disconcerted also by the large in crease ir the engagement of gold for export ts Arg ntina on Monday. bringing the total shipments for that date up to S2. 25o o0o In port for Pennsylvania and it's comparative s-eadiness served as partial offset to the weakness elsewhere. But that stock was losing two full points. The most conspicuous liquidation. however, that in St Paul, which was forced down 3h points under enorm- 'he movement by margin of nearly points. The final break took the average level of the tually wipng out the recovery of yesterday and the day before. Unfavorable criticism of the UT ierwriting ot the new Pennsylvania stock at the subscription price to stockholders was a depressing factor in the general market The implied necessity of paying a commission tr . syr dicate to secure the subscription to the stock regarded as a 1iscouraging in- dication of the condition of the market for securities. The special weak ness of St. Paul was attributed in part to the reports of a threatened strike amongst the freight handlers at Chicago. The ank statement disclosed a decrease in cash of SI ,326, 900 compared with the expectation of gain of from to two million. But the loan contraction of S5. 476.- 100 reduced the reserve requirement suffi- ciently to leave small margin of increase for the surplus. The market steadied a moment on the appearance of she statement, but prices plunged downwards again in the late dealings. Union Pacific. Southern Pacific. Mis- souri Pacific. AtchSon. Reading and Amalga- mated were the severest sufferers
 Prices of bonds have moved irreguarly on a large volume of dealings due principally to the heavy transactions in the United States Steel sinking fund 5s. United States new As declined a per cent. compared with the closing call of last week.
 Treasury Statement.
 WASHINGTON. Msy 23-Treasury bala nct s, S223, Io7, S27; gold. SIo5,2lo.673.
The Montgomery advertiser., 1903-05-24
c. E. Pierce & Co.'s Cotton Letter.

tos NffFat1 WHS rFOm S- W. Lee & CO.I
 NEW YORK. May 23.-rhe market this
 morning was delightfully."- quiet. After all that
 has taken place this week brokers without
 exception were we'll pleased with the change. Liverpool eased off a point or two with out showing any weakness and the local mar kef eased off as well particularly in the Sum nier positions though the Fall months held very steady. There seemed to be decided in- disposition on the part of the traders to sell very much for short account, a natural rest ult Of the extreme punishment administered 10 shorts in the market recently. And then again there Are good reasons for not selling cotton in anything but the most conservative fashion. The New Orleans interests have made a great deal of money in the past three four years and while the attempt to advance prices in both the Southern and local markets diversifes activity to an extent that does not augur as well for success would trated effort in single market. still the out come of the July affair must be uncertain for some time to come, and too the visible sup ply Of American cotton is jus' 500 GOO bales less than last year and just 600, 900 less than two years ago. and a full l50. 900 less than the supply at the corresponding date in 900 While cotton is coming in from the South rapidly and in of known movements at this season of the year none the less this position is very strong and we would prefer to operate in the Fall months, buying sub stantial declines. The market is pretty danger ous to sell Summer positions short.
The Montgomery advertiser., 1903-05-24
A. B. Baxter 6 Co.'S Cotton Letter.
 IRv Prlrntn Wire

NEW YORK. May 23.-Cahles were shade lower today and indicated little interest in the spot demand which has been falling off for some time. Ii Is presumed that Liverpool was more or less influenced by cables from this side showing that the crop has undergone a de cided improvement in the past week accord ing to mail reports and telegraphic advices through the usual trade papers which give special attention to this matter. The trade, however prefer to wait for the weekly bureau report next week and the monthly bureau re- port on condition, and acreage to be issued on June 3rd. The stock in Liverpool including that en route lost during the week Al 900 bales the American alone losing S6 900 bales. As we shall continue with the remarkably small movement of only 39 900 bales. the coming week for last year. the figures are likely to be bearish for this coming week. our first sales were at a decline of 3mS points. The proceedings were quite tame coming com pared with the recent intense excitement. Big interest failed to make themselNs felt and finding their return the general trade was disposed to adopt a waiting attitude. Port receipts today were 5000, against ! 500 last year The crop months believed to be in strong position
The Montgomery advertiser., 1903-05-24
MARKETS FOR FUTURES
BULLS GIVE SUPPORT AND
 E MAINTAIN PRICES.
Trading Quiet Throughout the Day Close 3 to l2 Points Up With May Showing a Decline of 10
 Points.

NEW YORK. May 23.-The subsiding teu- uecy .oI speculation in the cotton market no,sd nere yesterday reflected in Liver pool .nis morning. where price changes were Esrrow, that market closing unchanged to 2 poihts lower. This was, if anything under e pcctf tions and with weather favorable port receipts still running heavy and accounts from VT 1.y goods trads no more favorable, the Ieguiation market inf fenced apparently fa7 Fvredf the bears. The market opened at a de- e%nne % or Sde points on the list genera ally, while may, sull dominated by its speculative posi- ton, was points higher. Trading was very quiet and .here seemed little disposition to sell at the decline. After a brief interval of nregulsrity the bull le tders bought moderately ana rantsd prices to about last night's) finals. During the later trading, prices continued to show generally upward tendency under sup porting orders and some European buying, while wire houses reported Southern business Tn the advance. Speculation continued ccm- paratively quiet, however. July sold up to
 Lo5. August to Io.72 and September to Ss4 Toward the close there was a little more activity and July was bid up to ILLS
 Then the list turned easier under realizing
 but was finally very steady. net 37i2 points higher on all months, except May. which closed 75. GOO bales.
The Montgomery advertiser., 1903-05-24

sun, ard are exerting themselves to get tt and In some cases are sending to the Florida markets to pick up what be found there. Ihls IS taken to mean that the demand is of . Kind that will force the market up in the race or any ordinary pressure that may be ap- piled Rosins. too. wanted.
 For some time there has been talk of wood turpentine taking the place of the genuine articie. but this does not Seem among the early probabilities in view of the avdty With which spirits are being absorbed at stead fly advancing prices. Wood tuTpentine plants are being established at several towns in Georgia. Naval stores operators are after a law t1 compel the wood turpentine people to stamp their product that it cannot be palmed off for the real thing.
The Montgomery advertiser., 1903-05-24

WILMINGTON May 5-Turpentine-Firm al 5oa4 receipts. 5 casks.
 Eosn- Firm at Sl7oa l.75; receipts. I36. Crude turpentine-Quiet at S2, sa25 and S3 75; receipts l4o.
 Tar, Sl 65; receipts, 43.
 SAVANNAH May 23 -Turpentine, 5l; re- ceipts, 529i sales, es; exports, I,237.
 Rosin-Firm, receipts 56o; sales. ASA; -Nports 56o; A, B, c. Sl65: D. E. $i.Ioi F, sl.75; G. s 80; H s2. 40; I. S3o5. K S3 l5 M S3 20: N. S3 25; window glass S3. 35 water white, S3.65.
 SAVANNAH, May 23.-(Special. 1.-The maya stores markets have again developed actlvit; and strength, with the prospect favorable foi another rise The ent reaction carried the price of turpentine down to 45c, and since 1t has advanced to 49lsc. and is still on the rise. Roslns closed firm today with the de mand good. All through Alabama operatolt are doing we'll and are shipping Tn fair volume tl this market,
 Turpentine is in better demand now probably than 4 has been th's s'ason. The past few days have developed eager inquiry and moi only are domestic buyers Tn the market. but the entire of the foreign element are, aftel
The Montgomery advertiser., 1903-05-24
LOCAL WHOLESALE PRICE LIST
Provisions.

Cats-Nhite 4sc: mixed. A.c
 Corn White. 6Sc mixed 66c per bushel Salt-Liverpco, e5c sack: "irgnia 47c: Michigan. 2S0 pound barrels. Sl 60 25 cents.
 syrup-Fancy. 4oc: leboiled. soc: Georgia FiouT-Patcnt s4 2s04 ss: straight. ss.su ca 90 per obI.
 sugar-Granulated. 5He; Y. C.. 4xc; cut loaf 5% cents.
The Montgomery advertiser., 1903-05-24
New orleans spot Cotton

NEW ORLEANS. May 23.-The spot cotton market today was quiet and steady. Sales. 800 bales, including 50 to arrive. Quota tions unchanged.
 Futures were dull. At the opening prices were l@4 points below yesterdays closing Later in the day the bulls naugurated an up- ward movement which continued to the close when the board showed net gains on the day of i7 points on May, June g. July 2. August 5 and the new crop positions 546.
The Montgomery advertiser., 1903-05-24
New York Dry Goods.

NEW YORK, May 23.--A good many buy CTS have left the dry goods market after hay Ing purchased conservative bills of melchau- disc It Is generally admitted they have not covered their requirements for the Fall, but conditions have led them 10 pursue con servative policy. Prices are hrmer with an advancing tendency. JobbeTs have not been especially active.
The Montgomery advertiser., 1903-05-24
ARTICLES

Cash quotations were as follows: Tlour-Steady. 7e: No. red 78I79.
 No. 2 corn, AS; No. yellow. 47 No. 2 oats, 35i2; No. 2 white. 371a4s s6h; No white, 35%M37ia
 Mess pork, per bhl, Sl737tR1I7 5o Lard, per 100 lbs, SS. 95aS 97l2. Short rio sides Itooge, )Se, 4ode 50 Dry salred shoulders thoXedl. SS. I2len6 25. Short clear sides tbnxedb. S9 75Ie S7la Whiskey, oasis of high wines S.3o.
The Montgomery advertiser., 1903-05-24
Kansas City Live Stock.
St. Louis Provisions S

ST LOUIS. May 3.-Flour-Steady; red straight, S3 2OG3 50.
 Whiskey-Steady at SI 30
 Bacon-steady: clear ribs, sIo 62Ia; short clears, $lo.75.
The Montgomery advertiser., 1903-05-24
Virgin & Faunce's Cotton Letter.

NEW YORK. May 23.-Toaay closed one of the most exciting weeks ever witnessed on the Cotton Exchange, and the strange feature about the matter is that the ordinary trading
 element is about as much in the dark at the present time 1t a week ago. Manipula- tive tactics have not been abandoned, and
The Montgomery advertiser., 1903-05-24
Naval Stores

CHARLESTON May 23.- .-Turpentine- Steady 't 4e; sales, none.
 Rasin- steady; A. R. c, sI.5s; D, E. sI 60; F. s 65; G, SI.7o; II. s2 40; 1, S2 90; K S3' NJ. S3. 10; window glass, S325; water white, S3 55.
The Montgomery advertiser., 1903-05-24
Local Cotton Market.

quotations for spot cotton in the local .otton market yesterday were follows:
 SuicL Diiuullng g. 6 ui',s .' ............ .........s.........,....b sHict low middiing .......................lO%
The Montgomery advertiser., 1903-05-24

>indlc >tes trace. Day temperatures average slightly higher; no rainfall, except light in North Carolina and Oklahoma nd sprtnkles in Texs.
 FRANK P. CHAFFEE,
 Section Director. Weather Bureau
 Cincinnati Provisions. CINCINNATI. May 23.-Flour-Firm. Provisions Steady. Whiskey-Quiet at Si 30.
The Montgomery advertiser., 1903-05-24
River Forecast.
Weather Conditions.

] The Coosa will remain nearly stationary
 nnd the Alabama will continue to fall. slowly Sduring the next two days.
The Montgomery advertiser., 1903-05-24

@ With exception of light rains in Middle AL 1antic States, and sprinkles in Texas gen orally fair and pleasant weather continues in the South and East. with continued high tenn pefaqlres in the Southeast. and from Texas northeastward through the Middle Mississippi and Ohio Valleys: the iaferneter is compara- tiveiy high over the Southeast and also over ern storm center 'has moved northeastward dver North Dakota giving rains over the middle West and southward to Oklahoma the barometer is rising si6wIy over the extreme Northwest, with fair weather prevailing in the West light freeze affdf heavy to killing frost over the Middle Plateau Region and cooler from the east slope of the Rockies east ward to the Missouri Valley
The Montgomery advertiser., 1903-05-24
zsrAsL1sHnD ls7a.

HENRY BEER. s sERrRAxD BEER.
 EDGAR H. BRIGHT.
The Montgomery advertiser., 1903-05-24
New York Cotton Futul es.

NEW YORK. May 23.-The ruling prices 1T the Cotton Exchange today were as follows:
The Montgomery advertiser., 1903-05-24
Cotton Region Bulletin.
TFMPFR-''

AsN MONTGOMERY, Ala, May 2s.
 Fer the 24 hours ending al a. m.. 7sth meridian time.
The Montgomery advertiser., 1903-05-24

New York St~ck List.
The Montgomery advertiser., 1903-05-24
Treasury Statement.

WASHINGTON. Msy 23.-Treasury balance S223, I07, ,927: gold. Slo5,2lo.673.
The Butte inter mountain., 1903-04-21
ABOUT BUTTE

Orton Bros Pianos and organs.
Minnie Dogge has dropped the suit
she commenced Saturday to compel her
husband, DIR. A. c. Dogge, to support her.
Notice OF dismissal has been made in
the district court.
DIR. {. Turner has resumed practice and
taken up his permanent residence at the
Finlen hotel. Residence telephone, 2Is
once Hennessy building, telephone 2or
Matinee Sunday afternoon. Renshaw
hall.
Tom Wah, a Chinese recently arrested
here by the federal Chinese inspector on
a charge of being illegally in the country,
has procured his certificate and Commits
sioner Naughten has ordered him dis
charged.
J. G. Bates, tuner. Montana Music COM
pany, No. IIo North Main.
Alex Mackel, attorney, Io8 Pennsylvania
building.
Lippincott & Darrow, 200 Pennsylvania
block.
A movement is on foot to secure a
small business for Thomas Mulholland,
who is totally blind. Any one wishing to
make donation to this fund may do so
by sending the same to James Currie, Io5
knowledge the donations and donors
through the papers.
S. Fortier director of the experimental
station at the agricultural college, is in
Butte.
Albert J. Galen, member of the Helena
bar, is at the Finlen.
Samuel ID. Goza of Helena is at the
Thornton.
Alice Mahoney of Anaconda, superin-
tendent of public schools in Deer Lodge
county, is Butte visitor today.
The Butte inter mountain., 1903-04-21
MONEY FOR NEEDY
PART OF MARTINIQUE FUND MAY
GO TO DESTITUTE IN THE -
PHILIPPINES. q

year ago there was a fund collected
throughout the country for the relief Of the
Martinique sufferers.
A large number of Montanians were
numbered among the contributors TO the
fund, which was secured to take care OF
those who had lost all their property in
the Mount Pelee disaster.
A report has just been issued by the
National Martinique and West Indian
Islands Relief fund stating that the total
subscriptions received were $I57,5o247,
and that after expending s7o,7o3.2o the
committee finds it has a surplus Of $780,
264.I2 on hand.
The committee states that so per cent of
the amount subscribed can now safely be
returned 20 the donors.
President Roosevelt has suggested tl.at
the subscribers might prefer to entrust the
moderate balances they would receive to
Governor Taft of the Philippines. in re
sponsc TO the urgent appeal for aid thai
the governor has made.
The committee is accordingly Holding
the balance pending an expression of opin-
ion from the subscribers. Those who sub
scribed can inform the committee OF their
decision through the local postoffice.
If nothing is said the balance goes to
the Philippines TO help along TIE fund
there.
The Butte inter mountain., 1903-04-21
STATE EXAMINER IS
AFTER BUTTE
MONEY
Says Numerous Men Are
: Doing Business With
out Licenses.

The board of county commissioners re-
ccived another forciblc reminder today
that there are a number of people doing
business in this county without having
paid the regulation licenses.
The state examiner informed the
board by letter that he had discovered
3fs cases in which there were unpaid
licenses
State Examiner lludnal sent de-
tailed list of the delinqucrts and the
amount owed. He said he had compared
the saloon licenses on the books OF the
county treasurer with the government re-
ports of those paying federal licenses and
found IA that did not reconcile
The commissioners sent for County
Treasurer Mahcr and urged him to push
prosecutions against the delinquents The
treasurer promised to do everything with
IN his power.
1t is estimated the unpaid licenses in
this county at the present time amount
TO about $4,000.