davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1903-11-08
The Financier's Statement.

NEW YORK Nov 7.-The Financier this week says: The striking feature of the state
 ment of the New York Associated Banks last week was. the close correspondence in the loss of cash officially shown with the esti- mated loss as based upon the traceable move ments of money during the week. The decrease In this item was 9.277, 900 as disclosed by the statement while the estimates indicated loss of SIoo. 8 IA. ooo Doubtless the decrease last week was partly due to- the bringing over from the previous week of the three days av- craze which not reached in the previous week and adding thereto the average loss on the cash movement last week. The deposits were decreased SI7, 800. which amount Is less by S3. 900 than the sum of the loss of cash and of the decrease in loans-the lat ter being Sl Al g. OO0-therefore the statement fails to balance The required reserve was re- duced through the decrease In deposits by S4.
 692 975. Deducting this from the loss of which. as above leaves S4,97e. e26. as the decrease in surplus reserve, making this item S5, 394,2 ,225. Computed upon the basis of de- posits less those of $37. 62, 200 of public funds the surplus is Sl4. 699 77a. with such holdings of the banks now 1t may be noted are only S3. oo9, 500 higher than the minimum of twelve months. On Dec. 27, last year. the specie was Sl 53 74I 300. while on March 2 | st, this year. the legal tenders were s64. 75s 500, making a total of S2lS, 5o2, 800 cash. The to- tai reserve reported last week was S222, 4o5,- 400. including J,435. 900 specie and S62,- 9es. 500 legal tenders. The excess of loans over the deposits. which in the previous week was S25, ,6s 900 was last week S32 o5o 800. indicating that the banks drew largely upon their loanable resources, including capital. The decrease of Sll.4l3,ooo in loans last week was doubtless due to operations incident to the November settlements. The money accu- mulated in anticipation of these adjustments was freely loaned fin the previous week. as shown by the increase then of $4, 4oo 500 in this item. These loans were most likely can celled Monday and the liquidation during tho week fin steel and in other industrials. on the Stock Exchange. will readily further &C., count for the decrease above noted. Though the surplus of the bank Is low, this Is not an unusual condition at this season and while it may compel the restriction of bank loans to some extent it should cause no concern, for trust companies now in a position to meet urgent requirements of borrowers and the de- mand Tor money for stock speculation will most likely be light. Comparisons of loans show that three of the larger banks reduced this item by S7. ooo 900. The loss of cash by this number of institutions was S4. 800. 900.
The Montgomery advertiser., 1903-11-08
New Orleans Cotton Futures
Naval stores.
VI VA NDs ISnncial fn The AdNarkiaaf. |

Special to The AdvertiserJ
 SAVANNAH. Nov. 6-The naval stores mar kets have ruled quiet and fairly active during the week. with price changes narrow and the market showing stubborn resistance to declines. By heavy pressure recessions were scored in rosins. though not without the tnducement of bringing out a la: ge business.
 It is now conceded that this crop of turpen- tine will scarcely more than supply the de- mand, If 1t does that. With the light of pro- duction before them consumers have shown a disposition to enter the market, though the higher prices of late have scared them some and they are now waiting to get accustomed to the higher level before again entering the market. There is little doubt about the next few days developing a good demand for the reason that there are number of vessels on the way to load here and some are now due to arrive. Their arrival will mean purchases of turpentine and rosins with which to load them
 here, and the withdrawal of exporters for the time being, which induced factors to accept the lower level. The higher grades continue in specially good demand and while there may there is no doubt that the local stock and the rosins to be shipped bere may be marketed at reasonable prices. The present level is the highest in recent years and there Is every pros- pect of its being maintained.
 The weather all through the turpentine belt has been good during the week for gathering stuff. and the forest operations are understood to have progressed satisfactorily and uninter- ruptedly.
 WILMINGTON Nov 7-Turpentine-steady nothing doing; receipts 53 casks.
 Rosin-Firm at S2. 20 bid; receipts. 257.
 Tar-Firm at s 80; receipts. 66. ceipts. O2.
 SAVANNAH Nov. 7.-Turpentine-Firm at 56; receipts 727; sales. S94; exports I,l2o.
 Rosin-F1rm; receipts 2.els; sales avs; exports. 3.s66; A, B, c. D. s2. 30; E. S2 as F, 25o; c. S2.55; H, S2.6o; 1. s2.7o K, S2lso; Nj, S2 so N, S3.I window glass. S325; water white S3.50.
 CHARLESTON. Nov. 7.-Turpentine-Stead at 55h
 Realistically; A. B, c. D. s2. 20; E, s2.2s; F, S2. 40: G. SPAS; H, S2. 50; l. s2. 60: K, S27o; M, $2. 30; N. S3; window glass .S3 20 water white. S3.S0.
The Montgomery advertiser., 1903-11-08

Total sales for the day, 200. 300 shares
 Chicago Grain and Provisions. CHICAGO. Nov. 7.-The wheat market had
The Montgomery advertiser., 1903-11-08
MARKETS FOR FUTURES
OPENING WEAK AT A DE
 CLINE.
Recovery Was Prompt, But on Re- ceipts of the Census Report Prices Again Fell-Close
 At Advance.

NEW YORK; Nov. 7.-Inhuenced by fine weather, heavy receipts and lower cables, the cotton market opened weak at decline Of @f4 points under liquidation by longs. who were also apprehenaive that the report of the ceneus bureau due slightly after the opening would either prove less bullish than expected or fail to affect the market, which has recently advanced nearly a cent and a half on short crop talk. Immediately after the cal however. there was heavy covering and prices before the issuance of the report had regained or 5 of their initial loss. On receipt of the report the market dropped to lo.s3 for December. io.s3 for January. Io.eI for March and lo.93 for May, but was almost at once eased of under heavy realizing The trade here seemed to place a bullish significance on the report. After sagging hack about points the market was rallied again by active covering and a show of bull support. though it was evident that a tremendous amount of long cotton was for sale. Notwithstanding this. prices reached the highest of the season. The market closed slightly below the best, but strong at a net advance of i2@2o points. The sales were SOC. GOO bales, the largest for any Saturday on record. Estimated receipts of cotton at the ports today, 60. 900 bales. against T4640 last week and 52, S3 last year. For the week, 400. 900 bales. against 4l2.2l7 last week and NS46. 5S3 last year. Today's receipts at Houston were Is .345 bales, against II 600 last year.
The Montgomery advertiser., 1903-11-08
0. E Pierce 6 Co.'S Cotton Letter.

Fly Private Wire From Gilbert CIay.1
 NEW ORLEANS. Nov 7.-The wild specu- lation in cotton still continues and the public seems to think of nothing other than to buy
 Consequently advance of l8 points was recorded today. All legitimate factors govern ing prices have no effect whatever. but con servative men know that legitimate features must eventually make their presence felt and fear that when the present buying power is exhausted a severe reaction will occur. This is
 of course. @ question that the future alone can answer as 1t Is well known that the supply and demand situation is very critical High au- thorities estimate the crop as less than last season and the consumption equal to in ex- cess which will naturally cause prices to seek level that will bring the demand within supply limits. However. spots do not follow contracts, which shows that owners are willing to part with their holdings at price less than is asked for December delivery, whereas few weeks back 1t was exactly the reverse. The visible supply shows an increase of 23S 39o bales against 9, 23o for a corresponding period last year. Mills takings are less this year than last. The estimated receipts for Gal weston. Houston and New Orleans Monday are double the quantity expected the same day last season and the November movement prom
The Montgomery advertiser., 1903-11-08
-ProprietorS.

ises to be very heavy. These features in con- nection with rising money rates show that 1t will be very difficult to sustain the nresent market without the spinner purchasing in vol une. The census report shows the number of running bales of cotton ginned to Oct lsth to be 3,e3s.627. against e.e2e,s ,s72 for cor responding period last season, which was s3 6 per cent. of that years production would on the face appear very buiiish. but in comparing calls attention to the fact that allowance must Dc made for differences In seasons. Opinions under present conditions are of little value and the only thing for the wise man to do is to pursue very conservative course
The Montgomery advertiser., 1903-11-08
Local Cotton lTarkat.

The ginners' report, issued yesterday. showed S,s3s 900 bales ginned up to Oct. 8, against 6.e2o.oo0 bales up to the same date last year. and caused another excitement in the cotton market and a rapid advance.
 Quotations fin the local market wero as fol- lows:
 MA0dl1nB S-IO.. Strict low middling ....................Io 7-I6
The Montgomery advertiser., 1903-11-08
New orleans spo. Cotton.

NEW ORLEANS, Nov 7.-In the spot cot ton market the demand was good, but the of ferings limited factors generally asking from s to A above yesterdays prices. Sales. 5000 higher.
 Futures at the opening were sol 1 points low CT, but on the reading of the Census Bureau s Einneries report showing a shortage of nearly two and a quarter million of bales compared with last season. prices immediately began an lo.72. December to lo.Sl. January Ioso March | .o5. May 1 20 and July to II37. At these figures prominent bulls advised profit taking and the liquidation checked the upward movement and caused a loss of ld2 points on the active months Although the operations for a half day were heavy the market closed very firm, the net gains being from " to 2I points.
The Montgomery advertiser., 1903-11-08
New York Cotton Futures.
Daily Cotton Markat.

NEW oRLEANs-Firm: sales 5000; ordi- nary. I5-I6; good ordinary, eA low mid ding. Ioh; middling. Io%; good middlng 10 l3-Ie; middling fair. lI SIS; receipts, I2,- sos; stock. l4S. o62.
 3,6o7: receipts, 25. 2ee; stock. 2o4. 2ss.
 MoBILE-Firm; middlng, loh; sales, 1000: receipts. 5ss7; stock. 2e.7 7o2.
 SAVANNAH-Firm; middling. loS; sales 6lo; receipts. l3o5e; stock. ll7.262.
 CHARLESToN-Firm middling. i0&; re- ceipts, l,2S6: stock. S,o20.
 WILMINGToN-steady; middling. TO- 37h; receipts. 3e5o: stock, 3l.26I.
 NoRFoLK-Firm middling. OK: sales. eI6; receipts, 3,9Sl; stock, l53oo.
 BALTIMoRE-Nominal; middling. IT; stock, S.636.
 BosToN-stsady; mIddling, HOS
 PHILADELPHIA-Firm middling, 40; receipts, 67; stock. 2, 2,o24.
 ST. LOUIS-Firm; middling, IoN; receipts. 2.3i4 stock. {. .567.
 NEW YORK-Quiet: miidling, ILLS; gross receipts. l.44I; sales. POS; stock. 30, 64l.
 Total today-Net receipts and consolidated at all seaports-Net receipts, 65, AT; exports to Great Britain. 32.775; to the continent, 26,' 956; to Mexico. | 400: stock. 649, Is2 Total since Sept. Met receipts, 2.44o, 35 | exports to Great Britain, 726ol7: to France | 24o. o53; to the continent. 673,477; to Japan 3.eso; to Mexico. l3,o2s.
 Treasury Statement. | WASHINGTON, Nov 7.-Treasury balances S227. lse.23o; gold. $Il3.s3s.e4S.
The Montgomery advertiser., 1903-11-08
A. B. Baxter 6 Co.'S Cotton Letter.
 fBy Private I.aaRad yvirAI

NEW YORK. Nov. 7.-There was an advance of 3 points on the Liverpool market today. The weather was quite cold in numerous dis trtcts. The Chronicle report this week indi- cated rather gathering of the crop. The Liv- erpool statistical situation at the close of the week shows strong: stocks there gained 63 GOO bales. but the total Is still 36. GOO behind last year. The stock is water bound, for there is 900 ahead of last year. As to crop reports they are daily attracting less attention since most accounts agree that the crop is poor and mostly gathered. Early prices were lower. Yesterdays buyers were taking profits Receipts estimated at 60 ooo against 62,- 900 last year. Everything was waiting for the ginner's report this morning and it's delay caused hesitation and weakness. The figures indicating 3.83o, 627 ginned. against 5e2S- 900 last year. made little impression when they appeared, although prices at the time had recovered more than the early decline. Yes terday's big sellers were buyers today. Ex- porters were getting nervous and the fact that spot markets were very strong kept shorts on the anxious seat
The Montgomery advertiser., 1903-11-08
Q. D. Pterce 0 oo's cotton Letter.

yBy Private Wire From c. W. Lee G Col
 NEW YORK, Nov. 7-The census report to- daY showed 2.ooo. 900 bales less ginned up to Oct. le this season. than last. This threw the pit into a state of absolute demoraIization. You could not buy cotton at any price at times and the way the market ran up over | cents was the most sensational thing ever seen In the New York Exchange lot of people bought in short cotton sold yesterday and this. o2 coursa, helped the advance. Those who were short at 10 cents have covered. trader who was long a line of 50. 900 bales sold out at Ioh and went short. While the bull crowd were realizing yesterday this trader was sell ing short. It will require a lot of buying to cover this interest. There are others. We don | know what to say of the market. Because there is nothing in the past to go on We have never had the consumption over production and no cotton reserves since the Civil War. The market is a regular volcano. It's no market to short, but a good one to take profits on any bulge Monday. would sell long cotton by all means. and begin to look for a smash This sort of thing can't go many days though cotton will doubtless sell higher later on.
The Montgomery advertiser., 1903-11-08
'. q ,. Bser's Cotton Letter,

F. A D. Beer's Cotton Letter.
 Especial to The Advertiser.l
 NEW ORLEANS. Nov. 7.-As Liverpool ad OIL points iower but immediately after i'm proved izGl3 on fresh buying; realizing late, occssioned recession of 79i2. About thi, time the census report was issued and con strued bullishly. superinducing immense buy. ing. causing an advance of 22@26 from tn, bottom. Near the close. room traders waitins for profits, were instrumentai in establishing . slight decline. making the net gain le62t kinds during the week increased 2S3 GOO against an increase of iis.ooo last year. o which the American increased 23s.ooo. asains visible supply of all kinds is a 5s7. 900. aeains 2e35,o0o last year. and the American visible supply aggregates 2os7. 900. against 2, 2,3s3. ooo last year The total Liverpool stock ashore and anoat of American Is 45o 900. against 4e3, 900 last year. The recent heavy advance has been due to the anticipation of a very bull ish census report. which was expected to con nrm short crop views. To the surprise of the trade. the docunient omitted stating the per centage of the crop .inned to date of compila- ton, and only gave the number of bales ginnad up to Oct. 18th. this year. as 3,e4o. 900 com mercial bales. as compared to s.s2e. 900 for the same time last year. It is true the report shows there was a deficiency of 2 0e6, 0oC running bales sinned up to Oct. iS. this year. but as all official reports some weeks back claimed that two-thirds to three-fourths of the crop had been picked 1t only proves that farmers have been taking advantage of the favorable weather to gather their crops and will gin at their leisure. The report gives no line on yield and therefore was disappointing It is. however construed bulIishly by the ma jority of operators and will probably be used as an incentive to enhance prices whenever the opportunity presents itself. In the mean while the statistical situation is weakening and the movement continues heavy. The spinners week were 3o5.ooo against 36s, GOO last year and their total takingfs from Sept Ist to date have been i.57o. 900. against 2.oI7,- 900 last year or AZ. 900 less. This demon- strates conclusiveiy that spinners are curtAil- ing their takings at existing level of prices Sentiment. though, continues unusually optim- istic and much higher prices are predicted. Nearly every one seems to be in favor of cot ton and the danger is that some unfavorable feature may transpire on an over-bought mar ket and cause a marked decline when least ex. pected. Under the circumstances we believe in being conservative, and suggest buying only on decided breaks.
The Montgomery advertiser., 1903-11-08
New York Bank Statement.

NEW YORK, Nov. 7.-The weekly state ment of the Associated Banks shows the fol- lowing: Amount. Decrease.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1903-05-18
CONFEDERATE VETS
GO TO N. 0. TODAY
LARGE PARTY INCLUDING SPoN-
SORS WILL LEAVE BY L. g. NJ.
GENERAL BUSH WILL HAVE A
STAFF OF THIRTY.

The members of the Confederate camps
in and around Birmingham Will leave to-
day for New Orleans to attend the annual
reunion Of the United Confederate vet
Grams, which meets Tuesday morning. Ac-
companying them will be the sponsors
and maids of honor for the various
camps.
1t is expected that about $50 will go
from Birmingham. They will have spe-
cial cars on the Louisville and Nashville
and arrangements have been made for
their hotel Accommodations in New Or
leans. Besides the delegates from the
various camps, there will be Brigadier
General John w. Bush and his staff,
which consists of about thirty men.
Camp Hardee and Camp Bob Mckinley
of East Lake and other organizations
have selected delegates. Besides the vet
Grams there will be a number Of Sons of
Confederate veterans and Daughters of
the Confederacy who will make the trip
to attend the annual meetings of their
respective organizations which will be
held during the meetings of the veterans.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1903-05-18
BIG CONGREGATION
ATTENDS ST, PAUL IS
Nearly Three Hundred Knights
of Columbus Were Present
FATHER 0'RElLLY breaches
Principles of the Knights of Columbus
Discussed and the Benefit of
the Society to the Church
Pointed Out.

| An immense congregation was packed
into St. Paul's church at high mass yes
terday morning at 1890 o'clock. The
Knights of Columbus attended In body,
about 800 strong They were seated In
pews in the main aisle, as usual. Not
only was every seat In the great building
occupied, but many men stood in the
spaces near the entrance.
The Rev. Father Kerrigan was the cele-
brant of the mass and the Rev. Father
o'Reilly was In the pulpit.
Before reading from scriptures Father
O'Reilly spoke of the Orphans Home
at East Lake, and reminded the congrega-
ton of the concert which will be given
at the Jefferson theatre tonight for the
benefit of the home. He said that the
property had been paid for, but that
money was now needed to furnish the
building and put it in frst-class condi-
ton.
When the priest opened the Bible he
said he would read first from the epistle
of st. James. What I am about to
read" he said, rs wonderfully prac-
teal; llstenl" 1t was the first chapter of
James beginning with the 22nd verse;
But be we doors of the word and not
hearers only" and ending: pure religion
and undefiled before God and the Father
is this, to visit the fatherless and widows
In their affliction and to keep himself I'M
spotted from the world"
Father O'Reilly then read the gospel
from the 10th chapter OF st. John, end
to the 30th verses inclusive. His sermon
was addressed especially to the Knights
OF Columbus He began by saying that
a council of the Knights In this city
promises much benefit to the church The
aims and objects of the organization not
only tend, he said, to strengthen the
church in this district, but living up to
the principles and lessons taught by the
knights Of Columbus all tend to good cit
izenshp The organization uppuilds the
morals OF the community and whatever
tends to strengthen the morals of any
set of men certainly makes better Amer
lean citizens And only through a strong,
uplifting moral tone is the stability of
any organized society preserved.
The preacher pointed out the fact that
the Knights of Columbus were instituted
chiefly to aid the church. Those of us, he
said, who are familiar with the scope
and workings of the society, those of us
who know the beautiful lessons it teaches
from the fundamental doctrines of our
holy rellgion-the cross. and faith hope,
charity and brotherhood welcome the
Knights most gladly, This large class OF
candidates is therefore encouraging to the
bishop and the priests.
The preacher then enlarged upon the
virtue of hope, and in closing his dis
course exhorted the Knights earnestly to
be true to their vows and to strive each
day TO be good, practical Catholics.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1903-05-18
ARMY OFFICER TO
INSPECT MILITARY
CAPT. JOHNSON OF U. S. INFAN-
TRY is HERE AND WILL IN
sPEcT FOUR COMPANIES IN
ARMoRY TONIGHT.

Captain johnson of the United States
infantry will inspect the four military
organizations of Birmingham tonight at
the National Guard armory, in the city
hall. He was appointed to inspect them
and report on them under the new Dick
bill, which makes great many improve
ments In the National guard. and pro-
vides for the state militia encampments
at the United States army posts under
the regular discipline of the army.
Captain Johnson arrived yesterday and
was seen by several of the local officers.
The inspection commences promptly at
p. m. and will probably last several
hours. The four organizations to be In
spected are the Jefferson volunteers the
Birmingham rifles, Troop d and the
Brandon Light artillery.
The Bessemer and Woodlawn companies
will be inspected within the next two
weeks. For more than a month the local
organizations have been holding frequent
drills in order to perfect themselves and
stand good inspection.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1903-05-18

And every form OF PRIVATE DIsEAE1.
SEXUAL Weakness etc. ETC., are cured un-
der plain guarantee.
All condolences held invtolate.
Consultations at office or by mail In
yited without charge.
treatment by mail for those who cam
not visit us.
No written prescriptions. We furnish all
medicines.
Question blanks for man or woman sent
free on application.
Our institute is thoroughly equipped
with ali modern surgical. electrical. x
rav. violet ray, galyan faradic battery.
electric static machine. arc light cabi-
ne,a and other modern electro and me-
chanical therapeutic devices for aiding
re in the scientific treatment OF chronic
diseases.
Montgomery Advertiser: DR.. Dozier IN
Endorsed by the press and people of every
section of Alabama
THE Southern Odd Fellow: We cannot
ada anything to the reputation DR.. o. t.
Dozier has already acquired In the line
Of his profession. but we know him to be
a brother odd Fellow that can be relied
on TO carry out every promise he makes
TO those needing his services.
Masonic Guide: DR.. Dozier comes from
n family Of prominent physicians. and
with his full store OF medical knowledge
and his large experience in his profession
can be relied on to treat disease In the
most successful manner.
ARe-Herald: His long record and APP
proved abilities entitle him to the proud
distinction of standing at the head Of his
profession.
OFFICES. First avenue and Twenty-frss
street, Birmingham Ala.