davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1903-10-15

ton market. AS regards the weather
there was no sign of frost, COMPARE
lively high temperatures and absence
OF moisture being the rule. The re-
celptS, however, continue to run so
light that it is a fool-hardy business
to be short of the market. The best
operators of conservative tendencies
are being guided almost wholly by
the movement regardless of what &C.
ours in Wall street or elsewhere. Part
OF October gone and receipts way be-
low predictions, it is only natural that
sellers should hold aloof and buyers
feel encouraged. The fact that the in
terror semi-weekly movement gained
only 1000 for the week and lost a.
OOO, as compared with last year, shows
what may be expected in the matter
OF receipts. To-days interior receipts
were also light and Houston's esti-
mate for tomorrow was far below
last year figures. After early hesita-
ton the market moved up on shorts
covering and outside buying on the
stronger surroundings. Spot cotton is
in no better demand in the South.
Final cables were to higher. The
Manchester market showed more in
Quiry for cloths.
Estimates for tomorrow. Houston
expects $500 to 10000 against Il, 1897 last
year. New Orleans expects $500 to
9,10o against 5.737. Galveston expects
15,5O0 to $500 against 1896.
The Savannah morning news., 1903-10-15
NAVAL STORES.
Wednesday. O.

Wednesday, Oct. IA.
TURPENTINE-Th turpentine mar
ket opened firm at 551z cents to-day,
sales $50 casks, and closed firm and
unchanged, sales. so casks. The de-
mand was fair throughout the day,
though it was not urgent at any time
No improvement came after the clos
ing, when the market was quiet, and
the demand Of an exceedingly indiffer-
ent nature. Exports appeared to be of
opinion that they could get supplies
whenever they wanted them, and that
the longer they left local holdings in
factors hands the better it would be
for them. From the country weather
reports were favorable, and work is
doubtless being pushed. The season
for the production of stuff upon a
large scale is drawing to a close, how
ever, and few look for any large in
crease in receipts from, now. on. The
only way there could be material in
crease now would be the shipping in of
stuff held back by operators, and the
current belief is that there has not
been enough Withheld from the market
to influence it adversely even if all
came in with rush. The receipts
69S casks, and the exports none.
ROSINS-The rosin market opened
dull at the prices below, sales none, and
closed unchanged with nothing doing
sales none. The demand was nil all
day, and at no time did exporters
manifest much interest in the market.
The receipts were 2,501 barrels, and the
exports 2,400 barrels. Prices as follows.
The Savannah morning news., 1903-10-15
LlvEaPooL COTTON MARKET.

Liverpool, Oct. 14.-Cotton: Spot
moderate business done, prices 2 to
points higher; American middling fair,
6 22d; good middling, 6.O4d; middling,
5.SSd; low middling, $3.50; good ordi-
nary 5.32d; ordinary, 5.12d. The sales
of the day were 5000 bales. of which
500 were for speculation and export,
and included 5000 American; receipts,
5000 bales, including $500, American.
Futures opened firm and closed
steady: American middling, good ordi-
nary clause: October, $3.50; October
November, 51505. 16d; November-De-
cember, 5.10d; December January,
5. 0S@5 .09d; January February, 5,07@
al. 0Sd: February March, 5.0Sd; March
April, 5.OSd; April-May, 5.0S@5. 09d !;
May-June, 8. 09d.
The Savannah morning news., 1903-10-15

Trains arrive Savannah as follows:
NO. 20. daily, from New York. Wash
Mgton and Cincinnati, $40 a. m.
NO. 80, daily. from New York and
washington 500 p. m.
NO. So. daily. from all points West
via Jesup, IL SO D. m.
All trains arrive and depart from
the Unioh Depot.
Trains 20 and 80. THE WASHING.
TON AND FLORIDA LIMITED.
Eestibuled limited trains, carrying
Pullman Drawing-room Sleeping Cars
between Savannah and New York.
Dining Cars serve all meals en- route.
Also Pullman DrawIng-room Sleeping
Cars between Savannah and Ctncin-
rati, through Asheville and The Land
For information az to rates. sched-
ules, ETC., apply to
c. II. ACKERT. q. H., Washington.
9; H. HARDw1cK. @. p. A.. Wash
W. Il. TAYIoE. A. G. p. A.. Attain
Ia, Ga.
r. C. BLATTNER, Depot Ticket
Agent, Union Depot, Savannah. Ga.
e. @. THOMSON. C. P. & T. A., Sa-
vannah, Ga, 141 Bun street. Phones
The Savannah morning news., 1903-10-15
COTTON.

Spot cotton closed firm lac above
yesterdays prices, with sales of 1874
bales, by factors, and the demand good
and promising better. The receipts
were 10,700 bales, against 200 bales
last year. Savannah has received up to
now 276, 754 bales, against 1887 bales
last year. In the f. o. b. market the
demand was fair, with country back
ward sellers. Full prices were asked.
The current quotation for basis good
middling was SIC.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news., 1903-10-15

Galveston-Steady; middling, 912 net
receipts, 1927; gross, 12,127; stock, S.
556. Exports-Continent 2,019.
Norfolk-Firm; middling, 7-16; net
receipts, 1901; gross. 1901; sales, L.
1'9; stock, 1920. Exports-Coastwise,
1887.
Baltimore-Nominal; middling, $50;
gross receipts. $50; stock, 1854
Boston-Steady; middling, $50: net
receipts, I; gross, 223.
Wilmington-Firm middling, g.; net
receipts, 1877; gross, 1917; stock, 49,
149
phia-Steady; middling, 995;
net receipts. 30S; gross 30S: stock, S35.
Savannah-Firm; middling, 81; net
receipts, 1O,771 gross. 10TH; sales. l.
~; stock, 590S3. EXports-Continent,
1896.
New Orleans-steady: middling. 91a:
net receipts. 1921; gross, 1921; sales,
o'S0o' stock 1851. Exports-Conti-
nent, 1856.
Mobile-Steady; middling, 9 S-16; net
receipts, 1,272; gross, 1,272; sales, l.
400 stock, 2O,997.
Memphis-Firm; middling. 95s; net
stock 17,467.
*Augusta-Firm; middling, 9-16;
net NJ IT, receipts, 3,O77; gross, S,433; stock.
1883.
Charleston-steady: middling. ga;
9,452
'Cincinnati-Steady; middling, IL;
net receipts, S52; gross, 352; stock, o.
+Louisville-Firm; middling, 95s.
81. Louis-Firm; middling, 95s; net
receipts, 81; gross, sos; sales, So; stock,
~Houston-Steady; middling, 91a; net
receipts, 14,O52; gross, 14,O52; sales. g.
la; stock 25,320.
New York-Quiet; middling. $40;
Gross gro receipts, Il, 1870; sales, 7S9; stock,
IO9, 400. Exports-Continent 20s3.
Fensacola-Gross receipts, 1926. Ex-
ports-Continent, 325.
Eagle Pass-Add 703 bales to net re-
ceIpts since Sept. 1.
Pensacola-Deduct 400 bales from net
receipts since Sept. !.
II Paso-Add 100 bales to net receipts
since Sept. /.
Laredo-Add $50 bales to net receipts
since Sept. /,
80 Iotal To-day. at All Seaports-Net,
4@,Io9i continent, Is, 1888; stock, 440,6e0.
20 Sonsolldated, at An Seaports-Net,
ISS,4'4; Great Britain, 74,T3s: France.
'Sz4' continent, $685.
Iotal Since Sept. /, at All Seaports-
ret, Ld44, OO2; Great Britain, .265, 1882;
rance, s5,l66; continent. 317,777.
MOI included in totals.
The Savannah morning news., 1903-10-15
MONEY MARKET.

New York. Oct. 14.-Prime mercan-
tile paper, 51@Q612 per cent; sterling
exchange, steady with actual business
in bankers bills, at 81. IS 5000. IS. So for
demand, and at $4.S2 1904. 80. rs for 60
day bills. Posted rates. $4.S3 and
SASSY. Commercial bills. s4.S2: bar
silver, 60Ac; Mexican dollars, 46lac.
Money on call steady, at IL Q211; clos
ing bid, 2A offered at per cent. Time
loans, easier: 60 days, 4n41a per cent.
so days, 5; six months, 5M5K.
The Savannah morning news., 1903-10-15
COTTON FUTURES.

New York, Oct. 1.-THE cotton mar
ket opened steady at an advance of 2
points to decline of points, the
gains being due to the high cables and
reports of a better demand from
spinning interests abroad, while the
declines were under realizing as a re-
suit of better weather than expected.
No frosts were reported and while tenn
peratures in northern sections of the
belt were still rather low for the best
development of cotton the forecast
called for warmer weather. For a time
the market ruled very quiet, showing
little change from the opening prices,
but with the receipts running behind
last years and private reports from
the South being of firmer spot mar
kets an advancing tendency soon be-
came apparent and trading turned
more active. There was considerable
covering by recent sellers on the adj
vance and there seemed also a better
demand from outside sources, attract
ed by the predictions of a better de-
mand for consumption and encouraged
by the more peaceful aspect of the
Far Eastern troubles. The market
after reaching a level net 10 to IL
points higher on the active months,
was eased off by realizing, however,
the profits afforded the room longs by
the advances of the day in connection
| with those of yesterday proving at
tractive while there was also some
selling on the reaction theory. The
market was finally steady, net i to 5
points higher. Sales estimated at
100000 bales. Port receipts for the
day reached AZ, 1888 bales, against 3D.
1888 bales last year, and the estimates
for to-morrow's receipts at leading
points were light. Exports reached
about $1,000 bales, making the total
for the season thus far some $4,000
bales, against $4,000 last year The
Southern spot markets were generally
firm from unchanged and 3-l6 higher
| and the New York spot market was
advanced 10 points.
Cotton futures at New York, Oct.
The Savannah morning news., 1903-10-15
TRADE and FINANCE
-orTON FUTURES MARKETS CLOSE
AT MODERATE ADVANCES.
BULLISH NOTIONS FORMING
ABE INCLINE TO THE BELIEF
mara RISE IN PRICES MAY COME.

Turuentine Closed Firm at 90 1-2c.
ant After the Closing Demand
,iyht and Tone Quiet-ROsinS in
light Demand and Nothing Doing.
S,ot Cotton 1-Sc Up and in Good
Demand-LOcaI and TeIegraphic
Markets.
The Morning News Office,
Wednesday, Oct. IA.
Whatever the course of the cotton
t,t,,res market may be talks with local
cotton men disclose a belief in COM
inc bull market. If there is to be no
},nu demonstration. then the trade feel
that prices are not to decline material
~, in view of the present statistical po-
sirion. and the reports which come
from the country of the crop condition
and prospects in the fields.
CHANGING at the boards of the Savan-
nah Cotton Exchange to-day and COM
menting upon the situation, one man
said he felt that the market was to
have an advance before long on the
theory that the operators have every
thing favorable to them on which to
base a campaign. In the first place
the mills have been buying from hand
10 mouth, and with an upward start
in prices the chances are they would
enter the market as strengthening fac
tors to the spot markets. The public
is falling into a bullish frame of mind,
so that any definite upward movement
would soon bring them into the market.
The gloomy accounts regarding the
Texas crop are pointed TO by many,
and the fact the production in that
state is far from being settled, yet
leaves many in uncertainty as to how
to size the situation up. Texas must
be heard from.
The spot markets showed q better
tendency to-day, with spots generally
higher. Local spots closed firm, &c
up, and the demand good from all
sources. In the fob. market a good
demand was reported, with the country
asking full prices.
Turpentine closed firm at 551ac. and
the late demand light. Resins closed
with nothing doing, and the market
full neglected. Resume Of the mar
kets as follows:
The Savannah morning news., 1903-10-15
DRY GoOpS.

New York. Oct. 14.-Operations in
dry goods have not been on an extend
ed scale and yet slightly more inquiry
has developed and buyers have shown
more desire to inquire regarding the
future. They realize their stocks are
down to level where it will take con-
siderable active purchasing to bring
them up to their normal condition. but
are awaiting more favora BILE prices.
The Savannah morning news., 1903-10-15

we're 46O, 900 shares including: Atchison
1882: Baltimore and Ohio, $3.50; Ca
madam Pacific, 26.S15; Chesapeake and
Ohio, $40: Erie, 1870; Louisville anc
Nashville, 1850; Norfolk and Western
1888: do preferred, LOO; Pennsylvania
1900: Reading, 25,140; Rock Island, s.
400: St. Paul, 1900; Southern Pacific
5,775: Southern Railway. $500; prefer
red 2. 425; Union Pacific, 10000; Copper
%. 200: Smelling, 11.S45; Sugar. $500
Brooklyn Transit. 5,795; Tennessee Goa
and Iron. 1850; United States Steel
81 ,935: do preferred, 1880.
New York stock aud Bond List.
The Savannah morning news., 1903-10-15
FINANCIAL.

Bank stocks are not offering freely.
DOMESTIC n. Y. EXCHANGE
Buying 1sc discount.
Selling: s25 and under, 1oc premium.
SIS to $50. l5c premium; $50 to 500. zoe
$500 and over, par.
FOREIGN EXCHANGE - MarI,at
weak. Commercial demand. sterling
S4s4.25: sixty days, $4S0.75; NINETY
days, s479.25; French, 5.22k; Belgian.
$3.50; marks, sixty days, "a 1872:
ninety days, SO 1916.
The following are the Savannah Cot
ton Exchange quotations.:
Bank Stocks.
The Savannah morning news., 1903-10-15
Naval Stores Statement

Rosin steady; A. B, c, s2.1O; D, 1920;
E. $2.45; F. $2.S5; G, $3.50; H, $2.65; /.
$780, K, $500; NJ, $4.15; N, $4.2O; w. G.,
$780, w. W., $3.50.
Wilmington, N. c., Oct. 14.-Tur-
pentine. nothing doing; sales, after
hours, at 55hc; receipts. SIS. Rosin
firm. $40; receipts, 119. Tar firm.
81. 80; receipts, "a. Crude turpentine
firm, $3.50. $3.50 and $3.50; receipts.
los.
New Orleans, Oct. 14.-Receipts:
Rosin, los barrels: turpentine, 27; ex-
ports, Glasgow, resin, $50; Liverpool
rosin, ESQ.
The Savannah morning news., 1903-10-15
Savannah Bank
and Trust Go.
Capital, $35O,OO0.

JOSEPH ID. WEED, President.
JOHN C. ROWLAND, Vice President.
VIM. F. McCAULEY, Cashier.
sAML. L. CLAY, Assistant Cashier.
A general banking and exchange
business transacted.
Savings Department., interest
computed quarterly.
Accounts OF merchants, banks
ana corporations solicited.
American xpress COmpany's LETT
tiers of credit issued available in all
parts of the world.
Collections carefully made and
promptly accounted for.
Safety Deposit Boxes and Storage
Vaults for rent.
Correspondence invited.
The Savannah morning news., 1903-10-15
Futures opened steady; closed STEADY
NEW YORK COTTON MARKET.

New York. Oct. 14.-Cotton: Spot
closed quiet 10 points higher; middling
uplands, 9.70c; middling gulf, 9.95c
sales, 7S9.
The Savannah morning news., 1903-10-15
Baxter and Co.'S cotton Letter.

New York, Oct. 14.-Liverpool sent
very good advices this morning and
this with the better prospect of a
solution of the Russia-Japan troubles,
produced a better feeling in the cot
The Savannah morning news., 1903-10-15
HARRIS, GATES G. co.
MEMBERS

MEMBERS:
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE.
new YORK PRODUCE EXCHANGE
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
KEW YORK COFFEE EXCHANGE.
COTTON DEPARTMENT 10 Wall St,
orders solicited for Future Deliveries
The Savannah morning news., 1903-10-15

EFFECTIVE SEPT e. 1903
Meridian Tirne-one Hour Slower Than City Time.
The Savannah morning news., 1903-10-15
Southern
Railway.

Trains arrive and depart Savannah
by SOth meridian time-one hour slow.
er than city time
Schedule Effective, Oct. IL, 1903.
10 THE NORTH AND EAST.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17
RAILROAD NOTES.

Traffic Manager P. C. Stohr, of the
Great Western, yesterday announced that
as soon as the roads new line from
Omaha to Chicago is opened the proper
tional grain rate from Omaha to Chi
cago will be put in effect. The rate will
be IA cents on wheat and Is cents on corn.
The new rate is expected to create a large
arrangement of rates all grain from the
Southwest goes to Chicago via Kansas
City.
By an arrangement with the Rock
Island the Great Western will soon run
tourist sleepers to California via Ell Paso.
Beginning tomorrow night the first
through sleeper will be run. This will
give the Stickney line two routes to the
coast as it now has similar arrangements
with the Santa Fe.
The last rail has been laid on the long
cutoff of the Southern Pacific across the
northern arm of Great Salt Lake from
Ogden to Lucen, New. 1t is expected that
regular traffic will be inaugurated within
sixty days over the cutoff which is ex-
pected to save at least two hours in run
ming time.
Circulars announcing that the sale of
interchangeable mileage books, beginning
Dec l. are being inclosed by Western
roads in all communications to travel
ing men and others using mileage books.
The Milwaukee's new line from Fari-
bault to Zumbrota is now open for freight
traffic. A regular daily train service has
been arranged. The passenger service was
inaugurated some weeks ago.
The Canton & Fatshan branch of the
Canton & Hankow was opened yesterday
in the presence of Chinese and foreign
officials.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17
MARCHING ON THIBET.
Mysterious Land Probable Scene of the
Next British War.

KARACHI, British India, Nov. t.
The expedition, commanded by Col.
Younghusband, which is being prepar-
ed in India to support the British mis-
mion to Thibet, starts in a few days.
1t has been ordered to occupy the
Chumbi valley, the key to Thibet. and
to advance on Dyangtse, an important
center, $50 miles from Lhassa. The
object of the mission is to discuss
with the Thibetan authorities then
nom observance of treaties and conse-
quent injury to the trade of India and
Thibet. The Dalai-Lama treated the
mission off-handedly and sent subor-
dinates. who refused to receive the
British unless the latter retired from
Khambajong into Indian territory. Col.
Younghusband refused to do so, forti-
fled the camp occupied by the mission
and then himself returned to report to
the viceroy. The result is that the
former has been granted a oconsidera-
BILE force to support the British de-
mands. A peaceable settlement of the
,matteris improbable. The Lhassa gov
eminent declares it is determined to
fight. 1t is reported that the Thibet-
ans expect Russian support against the
invasion. f.4,-l,-,.5 .-fff-.gi
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17

PEKIN, Nov. 16.-The foreign dip
ments in the Russo Japanese negotia-
tions with the keenest interest, but are
not sanguine of their success, because
they are unable to see what terms are
possible, unless one nation distinctly
surrenders. Japan has asserted that
Russia's fulf1llment of the evacuation
convention is essential to an agree
ment and has promised China not to
sanction any arrangement impairing
China's sovereignty in Canchuria. All
of Russia's officers in the East declare
that her domination of Manchuria is
necessary for her wants and the safe
ty of the trans Siberian railroad and
that Russia must hold all that she has
taken.
Advices from Japan are that the
japanese are turning against England
because they believe that England is
unfaithful to her alliance with Japan.
They now think that England entered
into the alliance with Japan expecting
that it's proclamation would result in
Russia's withdrawing from Manchuria
and therefore regarding war as faint
possibility. Russia refused to retire
and now England, fearing that she
may be drawn into war through the
alliance, is eNerting her influence as an
ally to induce Japan to recognize what
Lord Cranborne called "Russia's rather
special position in Manchuria."
China no longer seeks British as
sistance regarding Manchuria, but con-
suits only the American and Japanese
ministers instead of all the diplomatic
corps as formerly,
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17
BUDGET FOR 1904
CITY clerks Office,

st. Paul, Mimi, Nov. 16, 1908.
Notice is hereby given that pursuant to
the terms of the following resolution the
Conference Committee of the City Of st.
Paul will hold public meeting on Fri
day, the 9th day of November, 1908, at the
hour of 2:30 p. m. at the Council Chambers
in the Court House and City Hall Build
Ing in the City. of st. Paul, for the
purposes therein set forth, and for the
purpose of taking up the final considera-
ton Of its proposed report therein.
Resolved, That the report of the pro-
posed estimate of municipal expenditures
for the fiscal year 1904. as prepared by
the Conference Committee, for the pur
pose OF submitting the same to the peo-
pie by publication thereof, prior to its
adoption of the report of this committee
to the Common Council, be and the same
Is hereby adopted; and it is further
Resolved, That the Clerk to this COM
mfttee be and he is hereby directed to
cause the said draft of said proposed re-
port to be published as provided by law;
and be 1t further
Resolved, That this Conference Com
mittee do now adjourn until 2:30 in the
afternoon Of Friday. November 81, 1908.
for the purpose. at that time of hearing
such persons as may desire to be heard
with reference to said suggested estimate
of expenditures, and for the further pur-
pose OF the consideration of such eommu-
nications as may then be submitted in
connection Herewith.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17
FAST COAST TRAINS
ARE DISCONTINUED
Some Lines Make Reductions in Their
Western Service.

CHICAGO. Nov. 16.-In the interest of
economy the arrangements of the South
ern Pacific. the Union Pacific, the Mill
waukee and the North Western have de-
cided to make reductions and changes in
the Chicago and California service, be-
ginning on Sunday. Two through trains,
which are known as Nos. 5 and 4, will be
discontinued as through trains, and the
service between Chicago and Denver will
be rearranged. f~i
The trains of the North Western and
the Milwaukee, which run between Chi
cago and the Pacific coast, bear the same
numbers and are united at Omaha, where
they are taken up by the locomotives>ef
the Union Pacific.
In order that the Chicago and Den
yer service and the Chicago and Omaha
service may not be diminished, the two
railroads out Of Chicago have decided to
put a new Chicago and Denver train on.
to be known as No. II. This train Will
leave Chicago at 10 a. m. on the Milwau-
kee and North Western, and will be COM
bined at the Missouri river, arriving in
Denver at 2:30 p. m.
The North Western will change the time
of departure from Chicago of it's Colorado
special This train now leaves Chicago
at $50 p. m. and will hereafter leave at
10:15 a. m. East bound there will be no
change in the Colorado special
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-11-17
COMMERCE COMMISSION
INSISTS ON GRAB IRONS
interstate Body Demands That Railroad
Comply With Law.

There is a pronounced difference Of
opinion between the mechanical experts
and managers of railroads and the inter-
state commission in regard to the location
of grab irons on engines and tenders and
their use as required under the safety
appliance law. The railroads have been
dilatory in equipping locomotives in ac-
cordance with the law, possibly inten-
tionally SO until it became necessary for
them to apply to the commission for more
time in which to comply. This was
granted, but it is not believed extern
sions will be given beyond the beginning
of the year, the period named when all
roads must have met all requirements
l. - the widespread opinion of operat-
ing and motive power officials that grab
irons and steps on the pilots of locomo-
tives in road service, instead of being
a safety appliance, are dangerous be-
cause they invite employees to place them
selves in a dangerous position. This
view was urged upon the interstate com com
mission at a hearing given to a COM
mittee of the American Railway Master
Mechanics association.