davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Talnaoe's Letter.

New York, February, 10 1903 There has
been good inquiry OF all sorts during thr
week. Buyers are doing considerable shop
Ping. and they ind It difficult to watch
qualities Of earlier purchases even
~ current prices, which are considerable
item advanced. AdWces from the SoutL,
uotc market on the Atlantic Coast active
and well sustained. At New orleans, the
demand has quickcned and ia spite OF raul
cal advances. shipments are quite up TO tie
largest average oi tine season. LuusnlaHH
ANA TcNas-hOlders claim the bottom of
the bin to be in sight, and ON any nttrac-
-it-Ot.laayeIt" air peWHues the trade. Under
ordinary conditions this would cause
'staud-off' between buyers and sellers,
with the odds in favor Of the former this
season however, market has ruled coutlu-
uoUsy in sellers favor the buyer scarcely
huNlug an opportunity to revise bids, much
less to renew them, The uuctiOneers cry
sod" being the almost stcreotyped reply
to offers
Gables and correspondence from abroad
note strong ana active markets with ad-
vanclug prlces This was tCresnadoWCd 5y
reports previously given, which are coal
hrmed by recent advices
Talmage, New Orleans, teieguaphs Lou s.
lara crop movement to date; Receipts,
rough, lt5T, 100 sacks; last year, l,lUl, 20,
sucks. Sales cleaned, 96lOj3 pockets
! last year. S74,J6G pockets. Market very
; strong; 1fferug li-ut. Improved dlstIl-
4 bu;Nc inquiry ralmagc, Charleston, to-
I egraphs Carolina crop movement 60 date
! kpCvtpts, Al 90 barrels. Sales, AlJlO bar
rels. Market strous with active Inquiry.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
A Mighty Factor In
The Financial WorIt
Small Investors throughout the United Stat.
Hands with The National Securities c. : 'aa
ST Louis, Mo, and form
Gigantic Combination.
SIX per CENT PER MONTH GUARANTEED TO Hyr,,,,.

The present age will undoubtedly be
known M the history as the Financial
Age" for never In the history Of the world
nae there been so much what might be
termed concentration Of capital as In THIS
nrpsent age Formerly an Individual would
make an Investment and win or lose py tue
might Of his os7n Individual capital, nut DIV
tbs ,reeent sys, ON, thousands Of investors
merge Themselves into one company, there
BY having the concentrated strength OF thp
entire capital. The Napoleon OF ms clAss
of investment is undoubtedly j.. IlerpouI
Morgan who through keen business Judg-
meut and by the confidence which ne mas
Inspired in the pulttm lllonaireS or our
country. Is able tiday 10 form biluon~dol-
lar combinations. in the city q SC. Louis
il a firm known as the National Securities
Co whose standing In the financial Wofld
IS Of the highest nature Ihey are teduy
$40 IN TO invest what j, Plerpont Morgan
Is doing for the uti-mlllionaires or our
country, and by forming a gigantic com
blnation made UP Of thousands OF investors
I'm every state in the Union, they are now
recognized as mighty factor In the inan-
cial world The general plan upon which
not materially differ from that employed by
the National Banks, that is. the National
Securities Co. invest their money thar they
receive from depositors in bonds STOCKS
and other securities but the investors IN
tine National Securities Co. Instead Of oc'
Cupying the relative position OF depoS,tors
in the national banks, participate In the
urofts OF the National Securities Co, md
thereby occupy the same position In the
National Securities Co as the stockholders
do In the national banks. The National
Banks in accepting your deposits Tor
given time pay from per cent To per
cent interest per annum, and then take
your money and rn-nvcst H. and the proht
that is made upon your money Us diviu d
among the stockholders. The National Sc
culities Co. take your money and guaran-
tee per cent per month dividends, y per
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Difference. $500 1905 ll4eio
NEW ORLEANS COTTON.
The Market Was Active but Realization
Caused Oeclnes.

New Orleans, February l4.-Both supply
and demand were limited today In the
market for spot cotton Factors Tables
have been pretty well cleared on by YES.
terdoys movement, and the buying ele.
ment' gu account Of the uncertain position
Of the contract market hositated 70 take
bold Sales $500 bales, including 1900 10
arrive. Quotations unchanged
The future market was fairly active. but
there was feellhg Of great merry ousuess
apparent among operators and growing
conviction that the position had become
top heavy aud Of great danger TO the enor.
nous long Interests now existing Hon O.
though Liverpool moved up again. this side
refused 10 work IN unison with the English
market; The loca opening was / point
Il series OF fluctuations that gradually car
ried prices down, until at the sound OF the
closing gong the board showed net declines
Of TO 10 points from yesterdays level Tor
all months Ia the current commercial year.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
NEW YORK COTTON.
The Market Opened Lower and Further
Declines Followed,

New York, February Il. The cotton
market opened steady at unchanged prices
TO a decline Of 8 points, then rallied A
point or two, hut again became weak ana
sold OF to a level Of 3 to points under
tne closing figures OF the previous day, with
March showing leading weakness under
selling pressure to avoid the actual deity
cry or cotton phase OF the situation
which increased the confidence OF the bear
contingent. The public speculative interest
" cotton az New York az present nrlc,-s
rehects the marked caution ana reneraI
buying shows suhsidlng tondency. LIy.
eyRoel cables about met local expectations
ahN were nor factor, while port receints
az 2i'ooO bales against 17T46 bales / n
year. II Is expected that tile amonnt III
cotton 20 come Into sight this week viii
exceed the movement Of last year
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

cent per annuu4 and give Va, !.
or withdrawing your rno,,sn ~ ne pri,n.,.
thaf you wish and pay yons AZ, y sny NJ,
nohtn', In making an inrer+,-..1s.ill eaai "a
tWo lhlngs 10 consider. The I ns1es. ners b,
hrst consider the fact that rsslusiestot or,
n coinrnodlty--a merchand,saslsy Erkf
ity--and is only worth WIS. ssa.ole cuntpl.
ana you should therefore tst - ,xlu hi,
70 mat market which w,ii ~ tns nr,f
laIgest amount Of profit To- l,s ~ n
must be discriminating IN nosLis 40 IN
vestments and investigata .ha ag ycr a
people to whom You are ent.s'.lRoJ ID
money Now, the standing ~ ~ nj
oeCurlllcS 90. Ia unquestionable !, ssnil,tl
IRke nut very little time ana ~ vi
ma ,' OUT lhe exact standing N .s,'aa 4
.'.l.. Is Going 50 much foe the s-a.I n
vtselpIs unroughout the oountrv ~ n
~ uyWR ana send your name "A .,a19f5
70 tue NATIONAL Securities CO. n a,.ss
mail thotr beautiful BODY MA y. i.tzi
plain to you fully the exact na.r a w u
business and will also give W. .ssy q nss
and ADDRESSES of depositors thyco, ~ IN
country TO whom you can wits sagA "
TINS, they Will give you thu mama. y Dsst 80
and Trust Companies 10 whom y. @ai1
write and find that the large sss,,! w N
company will absolutely Drota Sss', y. q U
It's which you make While. a. ~. e,ls|
fore, they accept small deposits 49, ~. Il
upward, still they have msny AR .,'l "
ltors, such as Chas. W. Hsw,S,..I I. S;ss|
yer, Colo. who deposited With Az M
coo; G W. Burkett, physieiss ~
saw, Ind, deposited With them a "a nrl
many others. Remember. this I'M ~
that IS organized with a paid mn e,,,,.l
500, coo, and it's reputation for soas|,.
honest dealing IS second to nons Y \ = j
country, and II you wish to know NJ II v. III
ticulars and also learn why II takp Y, ~ u
to make money, and that smsIl 49,.
has not the opportunity to make ~ n.
profits n be goes It alone as he IN I. ~
this gigantic combination Of smnl i.,s
tors, write today to The National Se,rIJ
Co, Dept. 40, st. Louis, No ~
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

Houston, Texas, February "A -Ilverpool
was well up to expectations today, but on
heavy realizing our markets sold on con.
slderably from top prices. May in New
York declining 10 polnts and the same op-
tion In New orleans closing S lower than
last night, Our New York correspondent
wired ELLISON makes European mill stocks
235000 bales In excess of last year, against
deficiency in visible supply Of $4,000 bales
Weak long interest in evidence and "
movement continues heavy look for hir de-
cline. Port receipts We're n 1876 bales
against 1910 last year, while New or
leans aud Houston estimates We're II 56O
hales, against i4.OC0 bales hast year. For
the next two weeks Of last wear tho re-
ceipts at Houston were quite large, ana Wa
shan probably run considerably behind the
same ilme this year. Spots We're unrhaprad
IA All markets, with only moderate saies
Hayward Wick q -
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
REACTION IN COTTON MARKET

Fridays high hgure for the week AMI for
the season, .53 for May. wns 81 per bale
higher than last Saturdays closing hgure
The closing level Of the English market
was full response to the American ad'
vance OF Friday, but the easiness Of Amer
lean markets was mainly due to o sudden
change of sentiment abroad regarding the
visible supply, which brought on the heavy
realization Private cables stated That there
was considerable liquidation at Liverpool
hut that the later improvement was due TO
buying by Egyptian spectators, and that
the market was considered overbought and
unhealthy for the present, especially should
the movement become heavier Caution was,
therefore. advised as 1t was feared that
a good reaction would bring on a panic.
This statement was followed by cable an
nounclng that Mr. Ellison pade mill stocks
Of the world $4,000 bales larger than last
year, as against a visible deficiency OF
$4,000 bales
From ali the Information that can be
gathered there Is good reason to believe
that the invisible reserve is much larger
than a year ago FOR during the past two
weeks G64Coo bales OF American have DIS.
appeared, against o5s,ooo a year ago Dur
ing the same period spinuers could have
used only 4VoVoo 0a'es' as the present
Weekiy consumption lp OF AHgrlcan LOT NV
So4 COO halls bove bren added 10 epinncIs
stocks, rs again 91.OVO for the correspond
ing time year ago.
Liverpool opened steady, with quotations
,,pcb,,y,d 60 . roipta loyrcr +hnn rho close
on FslaaS The bulllsh situation was
sligltly affected at the opening by another
attcrt NJ h,sitntiou an the part Of opcra-
TORS hut the tone quickly changed. becom
INC drnt yrIth advances Of / 10 8 points
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
ST. LOUIS.

st. Louis. February -Cattle-Receipts
200 head, Including 100 Texans; market
steady; native shipping and export steers
3,S5@650; dressed beef ana butcher steers
3,50@l.T5; steers under 1000 pounds 3.OO1
400; stockcrs and feeders . 4O6IA 90; COWS
aud hcifers 2.25dA50; Gamers l.50G2 80;
hulls 5000 ,75; calves AOQ@I75; Texas aud
Indian steers 3006tA.25; cows and hefers
2.Oo9S.10. Hogs Receipts 1900 head; mar
ket steady pigs ana tights 6.50d673; pack,
ers 6,I0QG00, butchers 6.T567 10. Sheep
Receipts 500 head; market strong; native
muttous 3 1000 90; lambs 5OOM6O0; culls
aud bucks 200aA50; stoekers L5OGS.00;
Texans 8600a.OO
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
CATTLEMEN WORRIED
OVER LEGISLATION
A Change in the Limo Would Please the
Farmers Better Than the Measures
Already Advocated.

Lessees of cattle pastures In the Usage
Nation are worried IN no small degree by
the radical stand taken on the quarantine
line question by politicians In Oklahoma,
says the Kansas City Drovcrs Telegram
Harry L, TITUS ot tue Santa Fc, who was
at the yards this morning after Il trip 90
that section of the country. says the pro.
position Of the legislators to prohibit the
movement OF cattle of any kind into the
Territory If they arc tcky or in condi-
ton to impart Texus fever to native cat
tie, Is causing those cattle grizers who
huye not had their leases protected by GER
tincatcs from the interior department cou-
siderable anxiety.
There is no immediate probability that
the movement OF grazing cattle FROM Tex
as to the Usage Nation and other grazing
districts OF oklahoma south and Gust Of
the quarantine line Will be handicapped
by the Oklahoma quarantine legislation
said MIR. Titus, "tOr the reason that the
time Tor the beginnlE OF the exodus from
IeGus Is yet bfty to sixty days on, uhd
IL Is hoped that the quarantine agitation
viii have blown over Defoie then, VI at
least settled so that this seasons move
ment OF grass cattle to the pastures or
the Nation will not bc hurt to any extent,
Many OF the Cnttlemen are protected by
extended leases from the interior depart.
meut, but those whose leases have expired
or Who are counting ON securing sub
leases or making arrangements for grass
late In the seuson are worrying not u little
these days. The small farmers throughout
the quarantine district of Oklahoma are
clamoIiug for the removal OF the Federal
lie south tD the boundary line of the Ter
ritory, thus placing the Whole of Oklahoma
uroG from regulations and in safe territory,
while tie zig cattle owners are lighting FOR
the maintenance OF the line as at present.
] think the oklahoma legislature will
hardly pass n drastic measure Interfering
with the movement OF Texas cattle into
tho Nation the present season, but some
action may be- takou looking toward the
prohibition for 1904
The Osngo Station today Is the greatest
grazing district IN the Southwest, SIZE
tuE1u into considerations Last season JuJ
cars, or over 100000 head OF steers aut
cows were shipped from It's pastures, ant
: I'm addition to this number were seyera
thousand head that were held through the
winter. The present year, according TO th,
old-timcr VIII be the last in which bi.
movement Of Texas cattle to Tint sectiol
viii be enjoyed, and he says that two year
longer wound probably see the complet
elimination OF the Usage Nation from the
list Of grazing grounds for Texas steers.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

spnners and exporters Will be villn, =.
follow this advance and pay the nreso, ~
high prices or adopt a waiting attitTde
pending futher Developments in connection
WITH the movement Of the crop ana ~
European political outlook over ne ps,, .ie
troubles Our own opinion Is that the sc, 90 u
uhtiye pace has been a llttle tno fes+ Pc ~
i last few DAYS to continue without some Ser aas
cure portion Of profits as n nra ,,g 20 Sc
measure against aggregate risks IA me V1 III
eral situation than we would 10 lo,d Nv 80
Their az tacse high prices. 'N up Iur-
Liverpool spots are D points 49,
sales OF 1000 bales for half Up with
as good as expected and due +, ip 1,lii,. $
down on Monday. ~ o points
Richard Cooke & -
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
The Rice Market.

The local rice market showed no change
in general conditions yesterday. The
weeks business has been very small aud
milicrs and dealers had hopes hat good
weather vould permit an increase Of bu5i-
ness but the reverse has heeu the case.
Some very large lots OF rice are yet ina
country warehouses, away from rail-
road and the bad weather which has again
set in will hinder shipments for some time
Demand continues brisk and prices are
unchanged.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

Chicago February -Cattle-Recelpts
200 head; market nominal; good TO prime
4,4005 so; poor 10 mediam 5O064 %: stock
ers and feeders 2.25IA.5O, cows 400Ff4 30,
heifers 2,o0G450; canners i.40a250: bulls
o,0OG4.50; calves 8,506s,O0; ToNas fed
steers 3.60@E2S Hogs Receipts $4,000
head; market strong 70 10 higher, mixed
aud butchers 6T007 To- good TO choice
light 6.45@G70; bulk G70a70O sheep =
Receipts 100 head; market steady. good TO
choice wethers 47S@bs5; fair to choice
mixed s5o@A75i Western sheep 4.15@5,55;
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Established 1882.
CARGlLL g. RICHARDSON,
nnfI-r.n-

D.
Members: New York Cotton Exchange.
New Orleans Cotton Exchange Liverpool
Cotton Association, Chicago Board OF
Trade.
Offices Houston, Texas. Cotton Ex.
change Houston, Texas. 20S Main street.
Shreveport, La; San Antonio. Texas,
Orders executed In Cotton, Gra'N md
Stocks Direct private wire to..all large
exchanges, References: Commercial "a.
t!onHl Bank, Houston Texas; National civ
Bank New York HiberniR Bank aud Trust
Company, New Orleans.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Richard Cooke & Co.'S Letter

Houston, Texas February l4-Estimates
for Houston and New Orleans tomorrow
1900 bales, against 14,oo0 last year: ports
p eco bales, against 1900 last year; Mem.
phis and Augusta $500 bales. against 24eo
last year, thlrty,ope interior towns ia7 COZ
bales, agalrAt 1900 last year, while stocks
are 10000 bales less than one year ara.
The question Is nov, however, whether
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
OKLAHOMA QUARANTINE LINE
nntiye lambs 4.7Saooo; western lambs 4.75


stock Yards, Kansas City, February IA
The following sales OF Texas and Territory
cattle were mnde here today. II. 5. Lee
gate, Durant, l. r., IL steers. 5i4 pounds
80; 81 cows, T34 pounds go; 4S calves
3OG pounds 800
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
RICHARD COOKE & CO,
BROKERS,

Execute orders for cotton gram. PFC
Visions and stock on the Ls rotto,
changes. Members New ORR aps cSo or,v
IIo,,stn1 OH and stock Exchange heIer
ence; Commercial National BauF OF Nous
ton. - -. o,.+tes de
string 70 sell Spot Cotton f. y. 81
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
GALVESTON STOCKS.


Port Arthur, Texas, February IL
Cleared; British steamship Stromhus, FOR
Dover and orders, with cargo OF crude
petroleum.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
NEW ORLEANS LIVE STOCK.

New Orleans, February 14.--The New or.
leans live stock exchange reports 'ull
supply Of steers and the market bare Of fat
COWS, calves and yearlings. Hogs and fat
sheep steady.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
SEED CORN.
The Planters and Mechanics Ma.
tiOnal Bank of Houston, Tex.

Capital ACKNOWLEDGEMENTS. 100000 90
Accounts Of Merchants, Bankers, Corpora.
tions and individuals solicited. Drafts on
all parts of the world.
j. H. Kirby, President;
+. A. Reichardt, Cashier.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
HEAVY REALIZATION
CAUSED THE DECLINE
liverpool Scored an Advance, but the
American Markets Lost Strength
Through Free Selling.

T THE CLOSE
Liverpool, i-2 to 8 f-2 points higher.
New York, to II points lower.
New Orleans, to 10 points lower
SPOTS
Liverpool, 6 points up.
Others, unchanged
ESTIMATES FOR TODAY:
Houston $500 to 5000 bales, against
6261 last year.
New Orleans. 5000 to 1900 bales,
against 1885 last year.
The American cotton markets could not
stand the pressure OF selling for realiza-
tlon yesterday and in spite Of the fact that
Liverpool made substantial advance the
decline was sharp and left the market In
condition far different flon that OF Friday
In contrast with the buoyancy o. Friday
market cotton yesterday was comparatively
litelsss and failed to respond to bullsh
Influences Quotations opened weaker in
Anticipation Of the selling movement viii b
set In soon afterwards and watch pcecipi
tnted prices to lower level. There Was
little or no recovery during the day aud
the tendency was gradually downward the
lowest figures being reached near the close.
At New York the selling was greater
than at New Orleans, but the declhe was
shout the same, TO II points at New
York and 7 to 10 points at New Orleans.
Looking back over the cotton situation
for the week. it II noted that the same
Influences were at work I'm cotton again
that have prevailed for some time, Weather
IN tho South was bad and bids fair "a
rontlnne rnst way There was no relaXa
ton IN the demand for spots and the dc
mand for contracts was as brisk as ever
Trade ac,ouuts were Of a most favorable
character. when confined 10 the homo mar
krt and while finished goods are asm. No
Improbable advance In quotations has taker
place
The principal feature Of the situation
the smsllness OF Liyerpool's supply state
ment. which shows deficiency Of 4@o.oY
hsios Of American when compared witt
last years holdings In other respect
Europe Is well provided as Is the Unite,
States. by holding about as much as yea
ago Liverpool having failed TO better he
position during the week by ncgiecting 9
sdd to her stock which encouraged long
to support values even at this high leye
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Secretary Testers FiolIres


NN'ffNt"A W AAe cost.
Sew orlesns' February l4,-seeretary
he s figures Receipts at ports toSay
far this week n .l86 Fhus "a. ~ ~ Thus
24,lo4 Since September /, B.2eo week
time last year. 6l45. $40. -'''''h Same
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

s. nj CD IAml, NtW York,
Ss Lodoylca tAustl, Venice, Genoa uni
Trieste.
Tug Echo, towing barscs Ajax and Tro-
Jan, Pensacola.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
Houston Spot Market.
,,s42 1880
Comparative Spot Markets.

The following are the closing quotations
.or cotton on the spot today at the lead
ing markets together with the closing OF
niddling yesterday, with sales today.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
MARKET QUOTATIONS.

The range Of prices at New York and
New Orleans for the active months was
follows:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
MARINE INTELLIGENCE.
PORT OF GALVESTON, February IA.


ARRIVED
So FL Dorado CAul, New York
SIS Lamiasas lAmJ. New Iosk.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

Scr Chli- aud for Fer.rs
O&iDINE
IL Gnarsnseed.
Fof Malarial Poison
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

Following are the receipts OF cotton by
the various railroads entering the city:
Bales
Houston aud Texas Central .....,... ,445
International and Great Northern .2,3i6
Galveston Harrisburg aud san An. 2Q2
Houston East and West Texas .,,..... 2AO
Gulf. Colorado aud santa Re .......,. 39T
San Antonio aud ArauSas Pass .....,.. 79S
Totai q bo1
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15
sTlMATEs FOR TODAY F.:

ESTIMATES FOR TODAY
Houston 1900 to 5000 bales, against
e26t last year.
New Orleans. 5000 TO 1900 bales,
against 1885 last year.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

livernooI Futures.

stock tlNs duv .................g ol g7O
stock this dHy last week ........... aGq. o25
stock this day last wear ....,......7Ss 1875
Excess this season ...,............lAd. i -
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-15

r THE CLOSE
Liverpool, 1-2 to 8 t-2 points higher
New York, 7 to I points lower.
New Orleans, I to 10 points lower
cnnTC