davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1903-09-09
q. N. Pierce & Co.'s Cotton Letter. ...n..- s.-a...A. xui-a Rron, fsihert & ClAYl


 SEW ORLEANS, Sept. e.-The course of rirerpool Saturday and Monday furnished in- tefeating and to those of the short persuasion vefy satisfactory reading An about-face was fhk order of today in that market final prices lthere recording gain for the day Of about hes sdesired from the bulls standpoint In dry guSds the tone is rather unsettled, due to the pxtssnded decline of the raw material. although 1obbers report eminenty satisfactory busi- ness doing for early delivery. Buyers. how ever do not seem inclined to operate beyond their immediate wants. The outlook for busi- ness with countries on a silver basis continue tf improve an advance of ] B. Cd in that metal was recorded today. the quotation now being 26R. With the exception Of the war cloud sf, fhe Balkans there suffeft Of buliish Information in evidence during todays session grxferuiation of this character. however, was s,f4erfy aisregarded and further decline es- fahlished The three days suspension of busi- nees in the American markets seems to have r,es,sited in further additions to the believers ls,4 lower prices The weekly bureau report fs15fv sustained private crop damage accounts efnl and as q result cotton has detertorated Adssfing the~past week. The failure Of a docu- rs4ent of this nature to arrest the decline shows coneusivey how deep Is the impression faat the prices are too high and it would also aessn from the declining tendency of spots that fhe producer has decided that there shall Dc oas delay fin getting his product to market IL 3xsT however. a little early to conclusiNely dc- sss.ae this question. The cotton market was r9rtafnIy shaken to it's foundation by the Sept 2sfsoyernnlent promUlsation. We do not how ever believe in following the decline as an i enorrnous short interest exists and the market fs technically speaking in a position to re- spond to any adverse development Receipts and the Vxeafh@r conditions should be the rul- ing factors for ;he immediate future.
The Montgomery advertiser., 1903-09-09
lARKETS FOR FUTURES IunEAC REPORT MORE BULL
 xSH THAN LOOKED FOR. Aater Scoring Good Gains, Prices Be- gin to Go Downward-Heavy
 Losses are shown at the Close.

Z NEW YORK Sept. e.-The cotton market cUed firm with prices unchanged to { points nI1hef. The opening was followed by violent 15ctuatfons which at one time represented an n@yance of A65l4 points. but later decline M I103S points from the closing quotations uE last Friday, since which date. until this ucrning. the market had been closed. In the E11nnffus the Liverpool market had declined H2 points. or considerably more than required tQ correspond with the closing of the New Xofk market Friday. The Liverpool break was rfocrted by private cables to have resulted fun heavy and general liquidation. chiefly by sentimental spinners following belief In a 1MExe crop of American cotton this season with favorable weather and an ordinary frost date me market had many rapid changes. notably n upward movement after the opening, largely tho result of fears of a more bullish weekly cx6p report from Washington. The report It. ee]f subsequently, more than justified its ex- pocfafions and the advance was continued un- fIl net rise of 4@i4 points was apparent The market commenced to break badly under renewed pressure from all sources. There was heavy ifquidation; active selling for short ac- count and forced selling on stop order account under which there was a net decline of 3S pdlnts on September. 30 on October, lS on November, i6 on December and 2 on January auA March. with the general market finally steady at a decline of e@3i points. Total sales came to 1000 900 bales
The Montgomery advertiser., 1903-09-09
WALL STREET REVIEW
UNUSUAL DULLNEss CHARAc-
 TERIzEs MARKET.
Elements of Interest Were Entirely Lacking and the Volume of Busi- ness Was Disappointingly
 Small-Bonds Also Quiet.

NEW YORK, Sept. S-Unusual dullness
 even for this period of the year. characterized
 todays stock market. Elements of interest
 were entirely lacking and the volume of busi-
 ness was disappontingly small in view of the
 triple holiday and the apparent intention of
 the Secretary of the Treasury to relieve any
 strain on the Fall movement of currency.
 Opening prices reflected a firm undertone. To.
 cal traders taking courage at the higher range
 for Americans in London. Last weeks buy
 ing Of Atchison shares was resumed and some
 activity was shown by Canadian Pacific. preferred. The buying of the Pacifcs was re- ported to be for foreign account London being a factor in the days operations. trading in about 20. 900 shares Commission houses took virtually no part in the business of the early day. The list sagged generally after the first hour, all the active stocks losing their ad-
 vance and at times thereafter the market was absolutely inert. Here and there where stocks were pressed for sale prices yielded readily, for instance. Reading, which was sold for
 Philadelphia account. The early afternoon brought movement in several of the special ties. North American advancing 2h Colorado
 Fuel F and Consoeldatd Gas iH. No sig nificance attaches to the advance in these
 shares. Some of the early selling of Anal gamated Copper was traced to houses with Boston connections. The stock closed at the lowest figure of the day in spite of an ad- vance in the price of the metal at home and abroad. The market closed dull and heavy. Some excellent railway earnings were reported notably St. Paul, which showed a net increase for July of over S26o. .00o New York Central Norfolk and Western. Mexican Central. Texas and Pacific and some, of the minor lines also showed material gains in gross earnings. The feature of the foreign exchange market was
 the appearance for the first time this year of bills covering shipments of "spot cotton. ' These did not appear. however. in quantities sufficient to weaken rates for exchange which held firm at 4.66. 50 for demand.
 The bond market rather quiet and showed some irregularity in the early deal ings. In the afternon the market stiffened up and closed steady despite the heaviness in the stock market. Total sales, Si .265. 900. United States new As advanced k per cent and the 2's z per cent. on the last call.
 New York stock List.
The Montgomery advertiser., 1903-09-09
Chicago Grain and Provisions

Chicago Grain and Provisions
 CHICAGO. Sept. e-Grains were all weak lower; December corn Nc lower and oats down F. Provisions were irregular, closing l2hc lower to 22A@25c higher.
 Wheat was strong at the opening. influenced by bad weather in the Northwest, December being N@hc higher at e2h@s2%. When the weakness in corn developed. however, local traders sold freely and the early strength was lost. On the reacton that followed the early gain was lost and reports of increased country movement being against the price, there was but little rallying and the close was but a of h@%c from Fridays final figure. There a small increase in the visible supply. Clearances equaled 64i 900 bushels. Receipts, 400 cars Is contract; Minneapolis and Duluth reported i.54I cars -four days), total for the three points of .94l, against 4Sl for a similar period last week and I.2i5 year ago.
 News from the corn belt today was extremely bearish and predictions of light frosts in Kan sas and Neberaska tonight had but litttl ef- feet against the Summer-like weather of the last few days. The accumulation of receipts over the holidays was also a weakening fac tor as was also increasing receipts Com- mission houses had selling order and although there was buying of good character. the vol ume thrown on the market could be absorbed. The December option sold off from 52 at the opening to 5o%. steadying trihe at the close to Sic, Ike net loss. The market was the center of much interest and trading was ac- tive. Receipts, ,598 cars. with 98 contract.
 Oats were affected to some extent by the weakness in corn. Local longs and commission houses led the selling. but small receipts ana some unfavorable crop news prevented large decline December closed 1zc lower at SIq 37k, after ranging between 37 and 37&. Re- ceipts AIS cars.
 The nearby deliveries in provisions were strong packers selling the deferred product The demand was sufficient to hold prices however. with the exception of pork. which, due to the weakness in corn, showed loss The market in other products closed firm and higher. october pork was 5c higher at Si2S7h. September i2hc lower at Sl2IO october lard was up l2lk@ Sc at S7.95, with ribs 221k@25c higher at S5. 37h@S. 40.
 The leading futures ranged as follows'
The Montgomery advertiser., 1903-09-09
New Orleans Cotton Futures. lEW ORLEANS, Sept. s.-Cotton futu
Liverpool Cotton Fv .ur.s.
Daily Cotton Malkat.

NEW ORLEANS-Easy sales. 245O; nrdl- nary i3l6: good ordinary, 9M. low mid ding. oh middling. ios.: good niddling. 1T; middling fair h. nominal receipts. 7e, stock e26S.
 GALVEsToN-Easy r1iddlinZ. itii: receipts 63l stock. 3,o24
 MoBILE-Quiet; midaiing. i0G. receipts. sl9, stock. 1876.
 SANANNAH-cuiets HidatiHE io4 sales, e24: receipts. 3osi. stock. 7zS0
 cHARLEsToN-Stasays snteaiiEg ioE sales 50; receipts, 5e: stock SBA
 WILMiNGTON-ElBtsf spa@ai1ng IT, re- e@ip's 32o: stock. e6l
 NoRFoLK.steady aa&elapg, i2. receipts. s2. stock. It3.
 rnlsss1; Aa4atlog is stock. hoSToE-Quiet; miAAl6Es, dz %
 PHIiADELPHIA-lSasst 4p4aalfug i2 50. 'see4ets. s5 stock. s3s
 sF LOCIs-Quiet; s'ilASl5a.g ilSs stook. L. Ils TacY YoRK-oulst, t.,ia4rHnt / zs saIey. z7s stock. Ile.sei. rsD.''s C. @tsAt Eri- rsto zsIo.
 T1,@g today-Net recsibAs g4$ export. to fS"ssf Britain. 2,Slo. sDr+ 4% so3
 fs'isf,i idsted-Net rsaefDas. 42 44I exports t tSreat Britain, 4.eSe b. u-, s,mtlncnt. 9, . r,rat s91ee Sept, l-Hst ,sesib's. I6 eaI; ex, so"ts so Great Britain. 5s2 u the conti- +env. SIS.
The Montgomery advertiser., 1903-09-09
MARINE NEWS.

KEY WEST-Arrived. steamers Fanita Thompson, Sagua; Roanoke, Migaldo, Car denas, and sailed for Tampa; Champion, Rus sel, Maheres; Mascotte. Havana. and sailed for Port Tampa.
 PENSACOLA-Arrived. steamer Brentwood (Br). Robertson. Tampco; barkentine c. B. Widen tBr). Morrison. Santos; schooner Flora Marang. 3odden. Grand Cayman. Cleared. steamers Pensacola O'Leary. Tam pico Alberta (Aust.). Bussanch. Genoa and Trieste: Peareth (Br). Curtis. Rio Janeiro. Sailed, steamer Alberta (Aust.), Bussanieh. Genoa.
 NORFOLK-Arrived. steamers Undaunted (Br) Eloite. New Orleans fhd sailed for Rot terdam; Almora (Br.). Albernathy, St. Johns. Sailed. steamer Pathfinder Parse. San Juan.
 NEWPORT NEWS-Sailed steamers Duncan (Nor), Rossland, Havana; Rustington (Br). Bichoson, Curcoa.
 PORT EADS-Arrived, steamer waverly (Br) Farrell. Port Tampa; schooner Doris, East man. Coatzacoalcos.
 MOBILE-Arrived. steamers Mobila (Cub) j., Sperlns, Havana; Irisbrook (Br). Kerr. Pen arth, England; Fort Morgan CNor.), Olsvick Bocas del Toro; Saratoon (Br). Perth Amboy; Bartholdi (Br), Scott, Coatzacoalcos; schoon- CTS Frank Nealley (Br). Sagua la Grande; 1; Boniform (Br), Clarke Havana
The Montgomery advertiser., 1903-09-09
q. B. Baxter 6 Co.'S Cotton Letter.
 fBy Private Leased wire.J

NEW YORK. Sept. e.-There were no re. markable developments in the three days holiday. either as to the crop or the weather Little rain fell since Friday. and there was nothing special in regard to the temperature. Cables were easier and New York opened somewhat better. The main point of interest in the crop news was the Texas situation. That state seems to be still suffering considerably from weevil and boil worm; so much so as to greatly offset good conditions elsewhere; in fact, Texas Is doing so poorly that it is very hard to see where we shall secure a crop bet ter than last year. even with frost deferred until late in November. People are not pay ing any attention to the September bureau report. and rather feel that since the crop is so late 1t affords no true condition at the close of August, but should be compared to a date at least a month earlier. The market during the forenoon was weak, and irregular especially for October, which declined 6 points the first hour. Cables steady at 50pI2 points decline, except September. " net lower The bureau report for the week was bullish especially that for Texas, and the poor show ing led to rally in the market when it dis played much weakness.
The Montgomery advertiser., 1903-09-09
New York Cotton Futures.
New Orleans Spot Cotton

NEW ORLEANS Sept. s.-Spot cotton quiet ana easier The Cotton Exchange having been closed since Friday. the market responded to the decline in Liverpool since the 4tb and prices were reduced % of cent per pound on all grades Sales 2,45o bales. including $50 to arrive. closing level. the fluctuations were wide and rapid During the day September sold down to TO, 30 aend up to Io.so; october e.42 to g. 7e: HoNeroer s.36 to g 59; December g. 30 to 9.6I January e.3l to e.63; February Q az to 9.5e and March down to g 40 and up to 9.67. The favorable Government bureau re- port improved weather conditions and the de- cline In New York were the bear features and the market was hammered down until near the end or the session, the list at the close show Ing net losses compared with Fridays closing hgures or oS points on September. 3I on Oc- tober, 22 on November 2I on Decemher and the other positions 20 points each
The Montgomery advertiser., 1903-09-09
DECISION OF PITNEY
Complainants Are Entitled to a,
 Investigation.

Investigation.
 New York. Sept. S.-The hearing in the Universal Tobacco Company case was continued before Vice Chancellor Pitney in Jersey City to-day
 The hearing was on a motion to show cause why receiver should not be ap- pointed for the company and why a pre- ferred bond issue of $l.000,O0O should not be restrained. The application for the receiver is made by Edwin A McAlpin and other stockholders of the company. Julius F. Davies spoke for the peti- toners and former Judge Gilbert Collins also argued in support of the motion. Attorney General Robert McCarter op- posed the motion.
 Vice Chancellor Pitney said that it had all along been alleged that the complain ants were allied with the tobacco trust. but proof of this had not been given. There was only the mere allegation that they were acting for the tobacco trust. The vice chancellor said that General Me Alpin Was justified as a man and a gen tleman in selling his stock
 think, he added. you are hard pressed to make such an argument"
 wee Chancellor Pitney decided that the compliments must be allowed to in- Vestgate the books and accounts of the Universal Tobacco Company, and said he would make an order to that effect.
The Montgomery advertiser., 1903-09-09
Russellville High School

RusseIIViIe, Sept. S.-(Special .l-Tha Russellville High School opened its doors this morning to the children of Russell vile. The unexpected large attendance and enthusiasm manifested argues well for a most successful term.
 Professor Yarbrough of Roanoke. Ala is principal with the following assistants: Miss Pittman of Roanoke, Miss Wild of Tuscaloosa, Miss Webb of Birmingham Miss M. Strickland of Germantown is music teacher. Excess of 200 pupils were on hand at the opening. As the number will be added to almost daily the school board will be compelled to at once elect another teacher. The principal, school heard and patrons are very must gratified over the splendid prospects for a fine school
The Montgomery advertiser., 1903-09-09
2. .. P.erce 6 Co.'S Cation Letter.

3By pTfvHte WIre FFofh C. W. bee ~ VT
 NEW YORK. Sept. S.-There was complete change in the cotton situation today. It took about half hour to convince the average trader that the situation had changed. but when, the fact was generally digested prices declined sharply The outlook appears to be very diff ferent from that existing for some time. When December and January cottons were ranging from 9H to 9%c all through the Summer there was apparently nothing in the situation to enase n decline below ehc. nor much of an ed9ance over e% cents. The crop Is not doing astweli by any means and the lateness Of the plant makes very late frosts necessary vIhe Government report which may or may not have been justified does not reflect the condi- ffon that exists today. The market has broken s& bale and everything favors pur- cfsnnes below ga cents for the time being. We would most certainly take in every sale Of short cotton and would not be afraid to risk fht long side of all weak spots.
The Montgomery advertiser., 1903-09-09
Visible Supply of Grain.

NEW YORK Sept. 5.-The visible supply of grain Saturday. Sept. 5. compiled by the New York Produce Exchange, Is as follows: Wheat l5,35o, 900 bushes increase, l47, 900 bushels.
 Corn, 6.447. 900: increase. 559 900. Oats. 7.446, ooo increase l6o, 900.
 Rye, 64S, ooo increase. 30. 900.
 Barley ,l39 ooo increase. 45o, 900.
The Montgomery advertiser., 1903-09-09
New York Dry Goods.

NEW YORK Sept. The decline in raw fnca9N hss h@en the principal topic of con gHrsstion &2tlNg the day and this change has hal Sssleting effect in certain quarters saasrg snd inteDsifying tho conservatism whtcA sas s~sn shown by buyers of dry goods for a9 laaz %Jbbers continue active mail or aers bslaS lib@TsI
The Montgomery advertiser., 1903-09-09
H. & P. Bears Cotton Letter.

NEW ORLEANE seut 5-The course of I.iserpooi durt2x tks 15stfaYs iu America was s3isappoiutinE srrasssss~r..v o5~ market opened f06l2 points }yWsr- sts-E subsequently, on the circulation Of 1nsSsogzhi~ ~rop reports and the expectation Of p,Oos Essk1T Eeather report. ad- vanced I39Ie possts 'rf,s1 the lowest. When fhe document was ssEsss while 1t showed
The Montgomery advertiser., 1903-09-09
LOCAL WHOLESALE PRICES.
Staple Groceries.

Apples-Western evaporated, 7kaskc. Flour-Fancy patent. SAYS: half patent. S4 5o Sugar-Granulated. 5h; Y. C., 4Ac
 Coffee-Green. 7MG9kc: Arbuckies. pack ages. SIo. 30: Lion packages, SIo. 30; Cordo- va. packages, Sio 30; Porto Rico SIo3o Meats-Dry salted ribs, 6%c dry salted ribs. bellies. s%c; hams. fancy, l5c; medium. 31zc extra clears. Sc.
 Lard-Leaf. 9kc.
 Compound Lard-7hc.
 Molasses-Centrifugal. I5q35c; sugar house, 4oc; Georgia cane. 35c.
 Beans-Navy, S2.5o per bushel: Lima, 60 6hc per pound.
 Pearl Grits-92 lbs, SI65
The Montgomery advertiser., 1903-09-09
cincinnati Provisions.

CINCINNATI, Sept S.-Flour-Firm. Lard-Easy at S875. Bulk meats-Steady at S9.75. Bacon-Steady at Se 25. Whiskey-Active al SIPS.
The Montgomery advertiser., 1903-09-09

neied with exactly what they contained. Sc that consumers might not be duped into get ting wood spirits for pure turpentine The beneficial effects of these laws have already been felt. It is probable other States may find It necessary later to protect pure turpentine in sfmalar way.
 Rosins are higher and. like turpentine. show tendency to rise All grades in the Savan- nan yards command higher than the official prices. The business is being done on private terms. and for this reason the advances are not reflected in the official markets
The Montgomery advertiser., 1903-09-09
St. Louis Provisions.

ST. LOUIS, Sept. S-Flour-Quiet; red Win ter patents, S4 oa4 20; extra fancy and straight, S3 soa4 o5 clear. S3 3oa3. 50.
 Whiskey-Steady at Sl.27.
 Bacon-Firm; boxed extra shorts. SS.75;
The Montgomery advertiser., 1903-09-09
Feed Stuff.

Meal-Boted 65c: water ground. 6Sc Hay-PPer ton. Timothy No. |, SIS: clover, mixed. Sl6.5o; prairie. SIS: Johnson grass SI4.
 Corn-Mixed. VOC; white, 73c
 Cotton Seed Meal-Per ton, $22i huls per ton. S7.5o
 Bran-Pure wheat s2I; shorts. s23; hominy feed. S2I.
The Montgomery advertiser., 1903-09-09
Local Cotton Market.

The New York future market opened yes fSfziay morning at about the same figures as the closing last Friday, but soon started on fiecline which reached about 35 points.
 Cotton sold in Montgomery at l cents in the morning, but in the afternoon 1t was quoted at fok.
The Montgomery advertiser., 1903-09-09

SAVANNAH, Sept. s.-Turpentine-Dull al
 56; receipts. l.342; sales, 45l exports. 7Io. Rosin-Firm; receipts, 4,s36; sales, 1903 exports, .383: A, B. c. SI.95; D. SI.s5; E. S2; F. S2.o5; G. S2.i5; H, S255; I, s3.I5
 K. S3.4o M S35o; N. s3.5 55: window glass S3.60; water white, S3 60.
The Montgomery advertiser., 1903-09-09

Cash quotations were as sollows: Flour-Firm.
 No. 2 Spring wheat, 7s; No. 3. sI; No, red, So1sa9o7s.
 No. 2 corn, 5I4a52; No. yellow. STA 'Oats-No white, 36937h. Mess pork per bbl. SIP 7o@i2.75. Lard. per 100 lbs. SS eoqS.e5 Short rib sides 0oose) S9. 1908. 371s. Dry salted shoulders as(boxed). S6.75@7 %. sl,ort clear sides (boxed), S6. 22l@@8.25. Whskey basis of high wines, SIPS.
The Montgomery advertiser., 1903-09-09

WILMINGTON, Sept, e.-Turpentine-Noth. ing doing; receipts. 47 casks
 Rosin-Steady at SI.7o@l.75; receipts, 3Ie Tar-Firm at Sl.65; receipts. 237. Crude turpentine-Firm at SI75a37o 70; re- cepts, I5o.
The Montgomery advertiser., 1903-09-09
New York Coffee and Sugar.

NEW YORK. Sept. s.-Coffee-Quiet spot Rio No invoice, SIS; mild. quiet; Cordova, 7QlII.
 Sugar-Raw. firm; fair refining. 3%; centrif- ugal e6 test. 37s; moasses sugar, SIS; refined. firm.
 Coffee futures opened steady and unchanged to points higher on higher European cables and smaller receipts Trading was quiet. Closed unchanged to 5 points higher. Sales. s 25O bags
The Montgomery advertiser., 1903-09-09
Kansas City Live Stock

KANSAS CITY, Sept. s.-catt,e-Receints z, 100 natives. 900 Texans; calves, .ooo na- lives. 5000 Texans; steady. Choice export and dressed beef
The Montgomery advertiser., 1903-09-09

nal. Rosin-steady; A. B. c, sI7s; D. sJso
 E SEQ; F. Sl.e5: G. se o5 H. s2 40; I
 s2.eo; K, S3.2o: M. s3.2o; N s3 30; window glass, S3 40; water white S36o
The Montgomery advertiser., 1903-09-09
Capacity

for business receives it's speediest reward in the selling department.
 If you think you have the ability to sell a Five Per Cent. Twenty-Year Gold Bond on the instalrnent plan write me giving bank references.
 GEORGE T. DEXTER,
 Superintendent of Domestic Agencies, Ths Mpsusl Life Insurance Company of New Yssh-
 sz Nassau Street, New York, N. Y.
The Montgomery advertiser., 1903-09-09

Treasury Balance. WASHINGTON. Sept. s-Treasury balances, S235. 2S4. o92; gold, Slo6. 73S. l42.
The Montgomery advertiser., 1903-09-09

ssmss s. wnleo4. MAnaEsr. MOntrOnsrs.
The Montgomery advertiser., 1903-09-09

New York stock List.