davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
Mr.. William Reid French Dead.

Especial to News and Observer
Wilmington N. c.. May 12-Mr Will
liam Reid French, highly esteemed clti-
zen Of Wilmington and for many years
clerk of the Criminal court of the coun
ty, died yesterday evening at his home
on Market street, after a long illness with
dropsy of the heart. Mr. French was
sixty years Of age and a son of the late
Judge French. He served during the war
with Company #, Fifty first Regiment,
having surrendered in '6j with Johnson
army at Greensboro. In his honor, Cape
Fear Camp of Veterans assembled at its
armory at $3.50 o'clock this afternoon and
attended the funeral services in a body.
Mr. French is survived by his wife and
one son. Mr.. Robert Strange French, Of
Charleston, s c.; one brother, Mr. Brooke
French. and two sisters, Mrs j. A. Tay-
lor and Miss Mollie French, of this city.
The Diamond Steamboat and Wrecking
Company, has purchased a valuable tract
Of land across the river, on Eagles Is
land, and it is announced that it will
establish there in a short time an up 90
date marine railway,
Eyota Tribe No. 5, I. o. r. NJ, which
recently gave such a successful produC-
ton of the big bmlesque Are You a Rel
MANI" here, will repeat it at Raleigh the
2Gth.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
Tarrant e. Kings
Cotton Letter.

(Special TO News and Observer
New York MAY 12.-The decline of about
30 points in the summer months this af-
ternoon was the result Of some pyramided
accounts being thrown over by brokers'
who had permitted their clients 20 buy TO
much cotton on narrow margin. 1t Is
likely that stop orders will be reached
in considerable volume on any further de
cline in July and August and the majority
OF the trade are expecting to see a furth-
el slump in the next day or two IN the
summer options. The New England crowd
have announced that their interest in The
market is practically hquidated and this
caused some conservative people to sell
out early in the day, Whicl started a
general selling movement. October and
December contracts declined 20 to %
points. but recovered considerably just be-
fore the close, notably October, which
advanced 9 points in the last ten min
utes while August closed at the lowest OF
the day. Spot cotton at the South is
worth II cents and it is not likely that
the Southern farmer viii sell Lis spot
next September or October below lc
cents October and December here are
on a basis of "a cents so that it would
seem unreasonable for these options to
be sold down to any extent; indeed, there
is a heavy short interest now in the new
crop and the people here who think July
and August too high are equally as posi-
tive that October ard December are
too low
TARRANT & KING,
GS Broad Street.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
weakening in sympathy.

weakening in sympathy
There was considerable variety in the
bond market, but the price movement
was irregular Total sales Dar value)
SO 125, 600
United States 2s declined u per cent
on the last call.
Total sales Of stocks today We're 361 200
shares, including Atchison 1880; Canad-
ian Pacific G,4OO; Chesapeake and Ohio
ESQ; Louisville and Nashville 400; M
tional Railroad of Mexico 1880; Missouri
Pacific 2S ,25O; Norfolk and Western 2,4OO;
Pennsylvania 54,800 Reading $780, S.
Louis and San Francisco G,400; st. Paul
$500; Southern Pacific $780, Southern
Railway 1900; Southern Railway, pre-
ferred, 400 Union Pacific 1920 Wabash,
preferred, 21,375; Amalgamated Copper
10 700; Colorado Fuel and Iron $500; Ter
nessee Coal and Iron 1900; United States
Steel 10,250; United States Steel, pre-
ferred, 1000; Rock Island 1880.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
Cammann Il Cos.
Cotton Letter.
Especial to News and Observer. }

tcDGCldi TO NEWS anu ODSGINtI.J
New York, May 1.-THE first reaction
to the unbroken advance came today
under selling by brokers suspected of rep
resenting the New Orleans bulls. The
weekly weather report, favorable az it
was, had little or no effort on prices,
and it was not until late in the day that
the decline set in. According to the
weather reports conditions in the central
and western portions have been greatly
improved by general rains, but nights are
rather too cool to be seasonable.
In the eastern districts, growths have
been slow, and a fair summing up would
suggest that the winter months should
be adversely affected by the better prom
Use for good yield, while the late sum
mer and early fall positions should be
strengthened by the outlook for late
movement of new cotton. Today's market
is notable mainly because it brings home
to the trade the fact that the new crop
positions are governed by influences for
eign to those affecting the summer
months. Liverpool this morning was all
that the bulls could desire. Spots adj
vanced the equivalent of Il cent, with
enormous sales. especially for this time
of the year. 10000 bales, and futures
were up - to 16 American points Such
a market was an ideal one for longs to
unload upon and that possibility is a sub
ject much discussed this afternoon.
CAMMANN & co,
Cotton Department,
Per HUGH F. McELROY.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
Barbee e. Co.'s
Cotton Letter.
(special to - and Observer.l

Especial to News and Observer
New York, May 12-That there is very
little use or advantage in attempting to
go upon the past was readily seen from
the action of this mornings market. It
seemed yesterday as though one could sit
down and say at last the advance had cul-
minated. But it needed another whirl
and the market enjoyed that this morn
ing. In fact, it looked for a time as
though the very last short was get
ting under cover. The absence of neccs-
saIy cotton to supply the demand made
advancing prices easy, and it was not IN
til the McFadden brokers withdrew from
the market that there was anything like
a setback. Then the bottom seemed to
drop out of things and July dropped fif-
teen to twenty points. This sort of thing
cannot be avoided and the market has
grown too dangerous for anyone but the
most venturesome to trade in We would
now reverse our former policy of buying
October, and as the market reaches nine
cents, and over we would sell October for
profits With the summer months in
state of Juror, October viii be drawn
higher, but fluctuations there viii now
be greater and we would only pick up cot
ton as the summer positions break. Every
bale of October cotton bought during
these last six weeks has shown a good
profit. The market may 60 considerably
higher, and we do not believe in shorting
cotton under present conditions. The
progress of the new crop is too unsatis-
factory to warrant short selling of the
fall positions and we would now take
profits, bide our time and wait for the
crash in July and August that is inevi-
tably to develop during the next three
weeks -
Cotton futures today closed as fol
lows
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13

STOCKS AND BONDS.

New York, May 12-There was a larguid
upward movement of prices in stocks
during a part of today's session of the
stock market, but before the days trading
was over selling had developed on. the
largest activity of the day. which wiped
out practically all the previous gains and
established losses of a point in United
States Steel, preferred, and New York
Central. The official annou1cement OF
the Rock Island-St. Louis and San Fran
cisco deal was an influence at the open
ing, although the direct effect was con-
fined to St. Louis and San Francisco.
Rock Island hung back. There was trad
ing in the outside market in the New
Rock Island FIVE per cent collateral
bonds when issued and the establishment
Of quotations at 9215 to 50 afforded a
basis for estimating the exchange value
Of ST. Louis and San Francisco under
the plan at 49, The price advanced from
last nights closing at 1872 to SOA, but
suffered in the general reaction. A belief
that the suspended Hooking Valley deal
would be next taken up was rejected in
the jump of four and a quarter points in
that stock. Delaware and Hudson's IA
point advance was attributed to the elec-
tion Of E. II Hartman to the directory.
Covering of shorts by professional bears
clearly played large part in the mark
cts recovery. Their attempts yesterday
to uncover stop loss orders having proved
unsuccessful, they were disposed TO re
trace their course. The unbridled specu-
lation in the cotton market is the cause
of some apprehension by reason of the
demand upon the money market caused
thereby, and the fears of a curtailment
of consumption The statement of April
exports showing a decrease in the cotton
movement compared with April of last
year, indicated the detrimental effect of
the high price. The result upon the eX-
change market from the curtailed cotton
movement in view of the Inauguration
of gold exports is also dreaded. Foreign
exchange ruled firm today and a further
outward movement of gold is looked for.
The principal aggravating cause of the
late break in the market was report from
Pittsburg of a cut in the price of steel
bilIets by the principal competitor OF
the United States Steel Corporation. This
report carried United States Steel, pre-
ferred suddenly downwards to a point
under last night, the whole market
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
NAVAL STORES.

WrLMTNeToN, N. G. May 12- Turpentinp
nothing doing 46h; receipts 20 casks
Rosin nothing az 81 30; receipts IS,
Crude, quiet ats2 COOS 1503 so; receipts
80 barrels
Tar trm at 81. IS; receipts liz.
CHARLESTON. s. c., May IL Spirits tur-
pentine ,.uiet; As; receipts - sales
exports $3.50,
ports go.
Quote A. r, C,i.6O; y, st.6O; Il, 800; r
lis. q. 1901 H, ais; /, 2.75: X 400; nj
500; N, 3.os; We, 3.is; WV, 2. S
SAvANNAH, Ga. May " rurpentlhe firm;
40: receipts 1902 sales 50; exports l.527
Rosln firm. receipts 2,746 sales 400;
o1 tJ9o,s g. c. D. e. $40; F., 81 rs;
g, $3.50; H. S22s; / l,s5 K. $500,
"a, s315; N. $3.50; VIZ $685.; WV $40
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
A PLUNGE FOLLOWS
COTTON'S BIG RISE
The Price Level Drops Back
IA to 20 Points.
THE NEW CROP WEAKEST
Stocks Move Upward Languidly, but Before The
Trading Ends Heavy Selling Develops
and All Gains are Practically
Wiped GU.
THE NEW CROP WEAKEST
(By the Associated Press

New York, May 12.-An increasedanum-
Der of buyers is noted in the dry goods
district, but no increased buying of mo-
ment is commented upon. Prices are held
firmly and sellers do not see in the pres
ent course of the raw material market
any warrant for weakening in their atti-
tude toward buyers.
NEW YORK COTTON.
New York, May 12.-The cotton market
opened firm at a decline of 8 points to an
advance of i point with the summer
months showing the greatest losses. Fol-
lowing the call the market for time
displayed further weakness under dis
appointing Liverpool cables, favorable
weather and large receipts. but was al
most Immediately rallied under further
covering by shorts Trading was very
active and excited on the advance, which
carried prices back to yesterdays high
level on May and to a new high record.
on July, August and September, July
selling as high as 1916 surpassed the
previous high point by points, while Au
gust showed a gain Of 3 and September
of l point over the high record of yesteI-
day, and the season. The bull clique were
active sellers on the advance, however
anu the smaller longs also turned LOT
profits while the favorable weather and
improved crop accounts encouraged sell
ing of the new crop positions. The New
Orleans market gave indications of top
heaviness and it seemed that the scare
of smaller shorts in both markets had
practically run its course for the time
being. With these demands less insistent
speculation became less feverish though
the market was at all times irregular
and nervous, and in the early afternoon
yielded under heavy liquidation and sales
on the reaction theory to a level net "A
to 20 points lower, with the new crop
and August displaying the greatest rela-
tive weakness. May declined 10 points
from the close of yesterday. The week
ly report of the Weather Bureau was
considered favorable, and port receipts
footed up 1929 bales against 4,S47 last
year, these being factors in the decline.
From the low point prices underwent a
slight improvement on some options to-
ward the close, which, however, was bare
" steady net to 20 points lower, with
August and May at the lowest of the day.
Total sales futures estimated at 500 600
bales.
Nxw YORK. May 12-Cotton SPOT ed
quie' pnints higher: m'ddiing hollands
IL Hiddling gulf lis sales $500 baes
Fatures opened firm
n ton futuYea closed steady.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
NEW ORLEANS COTTON.

New Orleans, May 12.-Cotton quiet, but
firm Quotations unchanged.
Futures were somewhat active at the
opening which, together with a feverish
and irregular tone sent prices up and
down in wide fluctuations. May opened
at II 80. sold down to 1124, then up to
II 80; July opened at 11.62, sold down to
I1.41, then up to 1170; August opened
1885, sold down to 1864, then up to 1913
September opened at go, sold down 70
s.54. then up to 9.7S The favorable bu-
reau report and reports of rains in many
districts, together with the fact that
prices in this market are too high for
much trading unless prices advance TO
a parity, caused a quiet feeling later in
the session, which presented a striking
contrast to the turmoil of the past ten
days The closing figures showed net
losses on the day. compared with yester-
days close OF six points on May, II on
June and 10 to % points on the other
months.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
NEW YORK MONEY.

New YORK. May IL I D. m money on
call easie a loans p az per cent. closing
2,02. time money cas- err; 90 days 81 o.
9odays 3N@4 six months +E4h. Prime
change firm with aetul bushes In banker
Nils at 4oS. 10 for dem an and 1880 for 10
day bills Posted rates l4S5b 04SSh1 So Com
mercialbills 4.84h04S49s, Bar silver 53A;
Mexican dollars Az Government bonds
easy. Ranroad bonds irregular.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
,HraHEsr. LowEsT. oLoa,N,


Cash QuOt2ti 1ns were rs fOI0Wa'
Flour steady: white patents 81 so; straigats
S3.2013.40; clears So 35613 6 % ,7prng specials
10; spring pa enIs t33J439J; do straight
S3.I093 40; bakers e IS.
Wheat-No. sprng 49, Qi9h; No B. 72G79;N o2
rec, 7S07sS; Corn NO. 44N: No
rolso7" 4e946, Oats = No, 2, 351s; No. 2, white
33a35I; ~ e No 2, 41A@s0; No whits good
.sd,ns Oarey 1896; is,r 70 choice. mailing =, Is
Prime timothy seed 3.450350; Mess pork per hbl.
H. 591lT694; Lard, per 100 ms 8 750bsS5; snort
',h' sides loo'e, 90 l ia 70; Dry-salsed
boxed, s62K0975; Whiskey basis high grad
wine l.31. Glover, contract grade. l2,5O
NEW YORK
New York. May 2. Flour quiet; bnt st adv.
winter iateurs g. 75Ql4. Minnesota paten-s "a
40; NJ IN boxer -. 2O(G4.4O.
Rye hour quiet; air 10 gooG 2.sO032o; choice
to fancy 3. 25Ig3. A.
Buckwhea flour steady s19OD215
Corn meal dull; yellow -tsrn s1.Oe.
Rye steAuy; 2 ~rsterL 59A; State
Barley quiet; feeding 81; ma .in 81
Bar ey nlait sts4dy, western 65166.
Wkeat- easy No. 2, red, 50 ClosIL g
May s29; July ~; September AN
Corr-Spot It sady: No. ?. 10 dosing May
53M: July 81 Septemb Der BOZ.
Osts-Spot dull; No 2. 3SK May A.
Ra-. dull; family ell. 100l35U; mess S9.00n
1000; beef hams s2l0012l.50 pHcket $40 5O0gl 80
Cut m ats quI t; ickled bellies 914GlUk
PICK ed ehonlusrs 9G9A; picked hams llKgE,
Lard firm, WESTERN steamed $50; refined
cas-, Continent $50; COMPOUND 19s0S
PORK steady; family 1900 snorl clear 1850
raliow quiet city per package 5H; Country
Rosin firm; strained common to good. e. 10
--urpentIn- steady at 49049M.
RICE quiet dome tic, ,Elf 20 extra AZ
Molasses quiet; New Orleans, open kettle
good 10 choice, 5I41 10.
Coaee-soot Rio Qui at, No. invoice 51s
mild steady; cordoSa 7A1l2.
Sugsr-r4w nominal; IA refining 1916 mo
sutt.r nrm exr-a creamery p; State dairy
Gfgese steady: state full "-esm small colored 10
ais; wblte. fall made, l3lgl5.
Eggs wsak: state ALA Pennsylvania u;
potatoes steady: State and western $50;
lbs; .50d2. O0 south Jersey sweess 81 5U12ts'
Long Island l,5G2. ~; new Southern S3g4 70
Peanut stea y; fancy hsnd-picAea 4AG4'S
dOmeItIc 2A G4k.
t.aooagas ca Y; Long Island southern
err Charles on 49,: Norfolk .151LOO
7r,iohts - Lig ronnl; 'ostO - 1eamer W;
Cotton seed oil quiet aud barely, ,teady'
prime summer yellow A.. 81 summer " :
vel ow 4GG47; prime meal s2IoO127 TO-
BALTIMORE PROVISIONS
Winter patents 355G4 Sprino patents 4.0GIt o
WheAt steady; sLot aud May I940D t5a )
Southern wheat bV sample i5D79n. 30,
CC.n firmer; spot and May JOh05O%
Southern whit corn 1902
oats quiet; Eo.2 white, 4 Q4OB.
rive dull: Nc. 55h; No western
Butter firm and lower; fancy imitation lS1zO
Ency Creamery 24115E
Eggs steady, fresh l5H. .>,a,>
Cheese weak; large 130l3Z small 80 i5!4
sfaAdV fine RTanulhtcO4 VI n
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
S. A. L. STOCKS AND BONDS.

BALTIMORE. May To- SeabOard Air Line,
common 81; preferred 43M.
Bonds 4's, 83A
Atlantic Coast Line. cOmmon.129; pre-
ferred ......
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13

higher. with oats up 4@9sc., and Sep
TENDER provisions closed from 21aQ712c,
higher
Leading futures rangeo as roIioWsi
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
OTHER COTTON MARKETS.
nnAIN AND PROVISIONS.

chicago H., May 12.-Dullness per-
vadad hoth the grain and provision pits
todav ana wheat ruled easier, July clos
ing hGHc. lower July corn was &c
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
NEW oRryASs. LA May IL Cotton futures
LIVERPOOL

I1vKRpOoL MAY II .. m.-COoton-SDot
large busine done higher; American
lniddllug fair o.s2 g9on ,nlo-o 40 r.0S,
& az Tbe "A 81 of the day re z O10 les
of which so 0 for soe, ulat,on and erport
ard IIiemden $500 .nei lean hecelpts
suiures opened firm aad closed feverish
American middling, 60. c.:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13

The market closed sttAuF
BARBEE & co.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
B. S. ROYSTER

County attorney, UXLoTu1 N. Q.
5-3-3t-aw. S-wlzs
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-13
Guaranty Capital,
SIOO,OOO.OO

cuAs I. cAmMANN cHAs. l. cAMMANN, JR. RICHARD cRc
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-21
DAVENPORT DOTS

\. ID. Ely, of the law firm of Ely &
Bush, left last night for Paducah.
KY, where he will take passage on
the Ten Brock as the guest of Capt.
McCaffrey for a trip up the Tennessee
river as far as Florence, Ala. From
Florence he will go to Chattanooga,
Lookout Mountain and other historic
places before proceeding to Florida
or New Orleans. Mr.. Ely has been
suffering from d head affection as
the result of fall he had while
alighting from Il street car.
Mayor Becker returned at O'Clock
last night from his trip as member
of the special committee of the city
council on the question of water rates.
From the depot he went to his office
ON West Second street, looked over
he large accumulation of his mail.
and having sorted letters he did not
throw in the waste basket, took up
pen and paper and wrote an order for
tearing out the stalls in saloons and
providing that the doors must be tak-
en- off the wine rooms so that an Off
Ger or any other person walking
through the building might see the
occupants of the minor apartments.
Mayor Becker said: Il have been
keeping in touch with municipal mat
tiers here while ! was away as far as
convenience would permit. | noted
the statements of the press regarding
the wine rooms and the not oriety the
city was gaining throughout the
country | was surprised at the as
sertions made in the papers and in
the pulpit and took steps to acquaint
myself with the facts. | discovered
that the privileges accorded certain
people were being abused. and that
where an inch had been given in the
interest of the general desire for lib
.eral government. a mile had been TAX
en- in many instances. This thing has
got to stop. and no one is more de-
sirous of regulating the wine room
than |, now that | have convinced my
self that il * really menace to the
people of the city. particularly to the
Young people. If privileges are so
certain to be abused they will not be
extended. I'm going to have the door
torn off every wine room in the city,
50 that what goes on within will not
he behind closed doors.
An announcement that will be real
news to many people of the city is
that of the death of Charles Henry
Platter yesterday morning. from par
alysis. at his home in Cedar Rapids.
He came to Davenport in boyhood
and married here. For several years
he was city editor of the Davenport
Democrat. and later established pa
per in Cedar Rapids. Four years ago
he was at Washington. d. G.. in charge
of bureau in the treasury depart
ment. He was a fine man and had a
number of intimate friends in this
city. The funeral will be held in Dav-
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-21
uncnnscInns From Crnnn.

During a sudden and terrible at
tack of Group our little girl was I'M
conscious from strangulation," says
4. l.. Spafford, postmaster, Chester,
Mich, land a dose of One Minute
Cough Cure was administered and re-
peated often. 1t reduced the swelling
and inflammation, cut the mucous and
shortly the child was resting easy
and speedily recovered" 1t cures
coughs, colds, lagrippe and all throat
and lung troubles. One Minute Cough
Cure fingers in the throat and chest
and enables the lungs to contribute
pure, health giving oxygen to the
blood.
Harper House pharmacy: y. !.
Reiss drug store, corner Seventh ave
nue. and Twenty-seventh street.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-21
A SIMPLE QUESTION.
Rock Island People Are Requested to Hon
estIy Answer This.


Is not the word of a representative
citizen of Rock Island more convin-
ing than the doubtful utterances of
people living everywhere else in the
union. Read this:
Isaac Shiffer. of so Fifteenth
street. employed at the Moline Gas
works, says: There was dull.
heavy pain in the small of my back
continually. and after STOPPING it was
all | could do to straighten again.
There was always too frequent ac-
ton of the kidney secretions, which
was very annoying. especially
through the day. | saw Doan's Kid
ney Pills advertised in our paper and
/ procured a box from Marshall &
Fishers drug store. After Il short
treatment the dull, aching pains left
me, my back felt stronger and the
kidney secretions were restored to
their normal condition. L know of
others who had similar satisfac-
tory experience with Doan's Kidney
Pills
Price 80 cents. For sale by all
druggists. Foster-NIilburn Co. Buff
falo, y. y, sole agents for the United
States.
Remember the name Doan's and
take no substitute.