davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1903-10-14
NAVAL STORES.
Tuesday. Oct.

UCoudyg OCl 10.
SPIRITS.-The turpentine market
ruled downward to-day, with the de-
mand light from all sources. and the
market apparently having little sup
port from any quarter. The opening
at the Board of Trade was duh at see,
sales none, and the closing firm at
5512c, sales, 555 casks. Exporters were
not numerous on the street at any
time, and it appeared that they were
not in urgent need of supplies.
From the reports were to
the effect that the weather continues
favorable for the gathering of stuff.
The receipts were ISL casks, and the
exports. 542 casks.
ROSINS.--The rosin market gave it's
friends a surprise at the closing to-
day, by full recovery in grades and
above, which sold off on yesterday Csc
To-day they sold back to the old price,
with the demand good, and about all
the offerings taken. The demand was
reported as satisfactory from all
sources. 1t is reported that there are
still pales left in the country, but the
belief here is that they are rather
scarce, and that nothing less than at
tractive prices will bring them out. Re-
ceipts to-day 2,753 barrels. and the ex-
ports none. Prices as follows;
The Savannah morning news., 1903-10-14

ket came out of collateral for a loan
which was affected by the Pittsburg
money troubles. The railroad equip
ment companies were still notably
weak under the influence of the Off
ciaI admissions of large measures OF
economy by the great railroad sys-
TENS which were expected to become
general throughout the railroad world.
A sale of old Rock Island stock at a
decline of Is points, attracted some at
tention The break in Canadian Pa
cific Just at the close was attributed
to orders from Montreal. The West
ern demand for currency is still de-
ferred and New York exchange at
Chicago went to. IS cents premium. The
money market is CORRESPONDENCE easy
in tone, but bankers maintain de-
gree of caution on the possibility that
the demand, though late, may still
come up to the normal.
Outside of the fluctuations in Steel
bonds, the bond market was narrow
and unimportant Total sales par
value, s2,S42,O00. United States 2's ad-
vanced " per cent. on the last CALL
Total sales of stocks to-day were $751;
400 shares, including: Atchison, IS, 40;
Baltimore and Ohio. 9,400; Canadian
Pacific $500; Chesapeake and Ohio,
900: Erie, 1855: Louisville and Nash
Vile, 1850: Missouri Pacific, S,410
Pennsylvania, 24.42O; Reading, 1880
Rock Island, 1880: st. Paul, II, $685.
Southern Pacific, 5,400: Southern Rail-
way, 10 400: do preferred. $500; Union
Pacific, 32,3S5; Copper, 65,215; Smelling
1920; Sugar, 1900; Tennessee Coal, s.
410; United States Steel. 40,155: Steel
preferred, 111,932.
~ val aso.1e..uH nuuN WH.e. D.
The Savannah morning news., 1903-10-14
W. 6. TYSON.
PUBLIC ACCOUNTANT,
Board of Trade Building. Savannah. Ga
COTTON FUTURES.

New York, Oct. 13.-The cotton mar
ket opened steady at an advance o. ,
points to a decline of l point and for
time showed some little further steadi-
hess following the better cables. The
longs We're disappointed, however, at
the absence of frost and with the
weather favorable not only as to tenn
peratures but with generally clear
skies, the steadiness was soon lost and
prices sagged slowly downward until
a level net to points below the
closing quotations of the previous
night was reached. Offerings We. e
not aggressive, however, selling for
short account being restricted by the
more pacific view taken of the Far
Eastern troubles while the trade we e
also rendered fearful of an advance
by the expectation of bullish weekly
weather report from New Orie ans
When this was issued it proved quite
as unfavorable as expected and later
in the day buying became more active:
prices at one time going up rapidly and
reaching point some II to Is points
net higher on the active months. Just
before the close profit taking by room
longs brought about a partial reaction,
but the market was finally steady net
to u points higher. Sales estimated
at 100000 bales. A factor in the after
neon advance was the smaller estimate
for to-morroW's receipts at leading
points and the steadier tone of the
Southern spot market. The exports
amounting to about 10000 bales, also
encouraged the bulls, being taken as an
indication that foreign spinners are
coming more prominently into the mar
ket, although advices from Fall River
indicate that domestic spinners are
still Indifferent to the market
Cotton futures at New York, Oct. 10:
The Savannah morning news., 1903-10-14
NEW ORLEANS COTTON MARKET.

New Orleans, Oct. 13.-Spot cotton
market factors, report the demand good
at full prices they state that much
of the stock held in this city has al
ready been sold, but it's movements
was prevented by the labor strikes on
the Ievee. Sales, $500 bales, including
$500 to arrive. Quotations advanced
3-16
Futures at the opening were to
points lower than yesterdays closing:
While buying orders were scarce, sell
ing orders served to depress prices!
AS the day advanced there were sus-
tanning developments, which sent prices
we'll above the opening, a good spot
demand encouraging conditions in the
New York market and unfavorable
weather conditions for Texas and Ok
lahoma encouraged the bulls and they
gave prices a strong upward drive,
the list at the close showing net gains
on October of Is points. November,
16 and II to IL points on the other
positions
Futures closed steady; October, $3.50
9.24c; November, 9.22@9.24c; December,
9.22@924c; January. 9.29@9.30c; Febru
airy, 9.35@937c; March, 9.42q9. 43c; April,
9.49@9.51c; May, 9.57@9. soc; June, $500
9.64c; July, 96S@9.70.c
The Savannah morning news., 1903-10-14
STOCKS AND BONDS.

New York, Oct. 13.--To-days stock
market passed through a number of
separate phases and ended the day in
a nearly stagnant condition and with
prices for the most part not far from
last nights level. The market enjoyed
it's period of decided strength during
the early part of the day when the
selling pressure which has been so con-
spicuous recently seemed to be entire
ly withdrawn.
An organized party of professional
traders made an attempt to start
prices upwards, perceiving a number
of circumstances which might work in
favor of the attempt. The most nota-
BILE of these was the building up of a
large short interest which gave evil
dence of it's existence by an eagerness
to borrow stocks for delivery, causing
a number of the industrials TO COM
mand a slight premium for that pur-
pose in the loan crowd. Speculative
circles were inclined to attach impor-
tance to some very large and concen-
trated buying of United States Steel
preferred, which was noted yesterday
and gave rise to reports of very inn
portant speculative manipulation. That
stock, in consequence, recovered to SO
and inspired a hope that its down.
ward course had been arrested at last.
The Importance attached to the ship
building case was indicated by the
good effect of rumor that the suit
was to be adjusted and discontinued.
At the same time there was some talk
of a dividend increase on Amalga-
mated Copper and of a declaration of
dividend on Reading second pre-
ferred. A downward plunge in United
States Steel preferred to 57A, the low
est price Of record, had chilling eff
feet on the whole movement and
caused a reactionary tendency. The
selling of the stock was associated
with the renewed stock market furry
in Pittsburg, and 1t was rumored that
the Steel preferred offered in the mar
The Savannah morning news., 1903-10-14

helt tonight. Later reports of firmer
and higher spot markets South. Sully
and Brown brokers then came into
the pit as heavy buyers, and soon sent
the shorts flying. Stop orders came out
and the leading houses entered the
market as large buyers. The winter
months worked well up toward Sac.
while distant months were hard to
trade in. The more active operators
were inclined to take the bull side for
the time being, at least, owing to the
apparent shortness of the crop and un-
preparedness of the spinners to meet
the winter demand for cloths and the
enormous outstanding short interest in
all speculative markets.
The Savannah morning news., 1903-10-14
LIVERPOOL COTTON MARKET.

Liverpool, Oct. 13.-Cotton-Spot,
moderate business done; prices I'M
changed to points higher; Ameri-
can middling fair, 620d; good middling
6.02d; middling, 5.S2d low middling
5.60d good ordinary. 526d ordinary
5.04d. Sales were 5000 bales, of which
500 were for speculation and export
and included 5000 American. Receipts
$4,000 bales, including $500 American
Futures opened steady and closed quiet;
American middling, g. o. c.; October
5.29d October November sod; Novcm-
ber-December, 5.02@5.03d; December
January 5.0065.01d; January February
49965.O0d February March, 4.99G5.00
March-April, 5O0d; April May, 5.0Od,
May-June, 5.00@5.01d.
The Savannah morning news., 1903-10-14
COTTON.

Spot cotton closed quiet, with sales
of 1851 bales from factors tables. The
demand was fairly good, and the in
quiry from exporters indicated better
things in the near future. The re-
ceipts were 11,70O bales, against 1000
bales, same day last year. In the
70 b. market a good demand was also
reported, with the country slow sellers
There is no rush to market cotton, and
the reluctance of the country to sell
has been marked recently. The cur
rent price for basis good middling to-
day was 914c.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news., 1903-10-14
TRADE AND FINANCE
COTTON MARKETS STILL AT
FECTED BY UNCERTAIN
CONDITIONS.
DAMAGE TO TEXAS CROP.
LOCALLY THE DEMAND FOR SPOT
COTTON GOOD AND. FULL
PRICES ASKED.

Turpentine Drops 10 90 Ice, at
which the Demand Is Satisfac-
tOry-ROsins Firm at the Advance.
PaIes in Good Demand-LocaI and
TeIegraphic Markets.
The Morning News Office,
Tuesday, Oct. 13.
The cotton futures market continued
the center of interest to-day. Traders
appear to be on the fence, and until
the course of prices takes a more def
mite course trading upon IA large scale
may not be undertaken. The market
was variously Influenced during the
day, with the trade still nervous over
the forecasts for frost. which is ex-
pected at any time. Temperatures
over the belt We're higher to-day, so
that the probability for frost precipi-
tation was lessened.
Talk is still heard about the Texas
crop, and the current opinion will not
down that much damage has been done
in that state, and that the outturn will
be shorter than expected a month ago.
In Mississippi reports are that the crop
is in fairly good condition, and that AN
average yield will be made.
Locally spot cotton closed quiet, with
a fairly good demand. In the TO. b.
market the demand was good, but the
offerings from the interior were SMALL
and holders reluctant about accepting
less than full prices. They were ask
ing 915c for basis good middling.
Turpentine closed firm at 551ac, with
eager inquirers at any time. Resins
regained at the closing the 25c, decline
on 1 and above at yesterdays after
closing. Details of the different mar
ketS follow:
The Savannah morning news., 1903-10-14
B0nds.
MONEY MARKET.

New York, Oct. 13.-Prime mercan-
tile paper, 6@61ac. Sterling exchange
about steady. with actual business in
bankers bills a $4,S5,45@4.S5.5O for de-
mand and at s4S2.15@4S2.20 for six y
days Posted rates, $4.S3 and 81 S6l5.
Commercial bills. s4S1S; bar silver.
669sc; Mexican dollars, Acc. Mo~ey on
call steady at 2@21ac; closed, bid, &c.
Time money, easy; so days. 415@4%c;
30 days, sc; six months, 512c.
The Savannah morning news., 1903-10-14
Ware & LeIand's Cotton Letter.

New York, Oct 13.-The early phases
of cotton market were not specially in
teresting trade being of same matter
of fact character as during the past
few days, with prices keeping within
very narrow bounds. The Liverpool
cables were trifle better than expected,
but frost predictions of last night did
not materialize. Receipts bid fair to
equal those of same day last year, and
the indications were that Wall street
bear operator who had been holding
the market down for several days was
again at work. Following the call,
prices slowly drifted lower. Then came
a very bullish crop weather report,
light estimates for tomorrow and a
forecast for frost over the western
The Savannah morning news., 1903-10-14

Trains arrive Savannah as follows:
NO. %, daily, from New York. Wash
Mgton and Cincinnati, $40 a. m.
NO. 80. daily, from New York and
Washington 500 D. m.
No. So, daily. from all points West
via Jesup, IL $50 p. m.
All trains arrive and depart from
the Union Depot.
Trains 90 and 80. THE WASHING
TON AND FLORIDA LIMITED
yestibuled limited trains, carrying
Pullman Drawing-room Sleeping Cars
between Savannah and New York
Dining Cars serve all meals en- route.
Also Pullman DrawIng-room Sleeping
Cars between Savannah and Cincin-
rati, through Asheville and The Land
of he Sky"
For information as to rates, sched-
ules, ETC., apply to
c. H. ACKERT, G. NJ. Washington.
9; H HAR0w1cK. G. p. A., Wash
": Il. TAY1oE. A. q. p. A. Attain
Ia. Ga.
R c. BLATTNER, Depot Ticket
Agent. Union Depot, Savannah, Ga.
E. G. THOMSON. @. P. & T. A.. Sa-
varnah, Ga, 141 Bun street. Phones
$50.
The Savannah morning news., 1903-10-14
DRY GOOnS.

New York, Oct. 13.-The dry goods
market was quiet, with more or less
irregularity in certain lines, although
inducements made in order to sell guam
titles are not as a rule effectual Buy
ers are in a waiting attitude, looking
for further declines, while the seller
foresees a favorable activity when buy
ing once. commences for the spring
4
The Savannah morning news., 1903-10-14
Savannah Bank
and Trust Go.
Capital. S35O.OOO.

JOSEPH ID. WEED, President.
JOHN C. ROWLAND, Vice President.
VIM. f. McCAULEY, Cashier.
SAML. L. CLAY, Assistant Cashier.
A general banking and exchange
business transacted.
Savings Department., interest
computed quarterly.
Accounts of merchants, banks
and corporations solicited.
American xpress COmpany's let
ters of credit issued available in all
parts of the world.
Collections carefully made and
promptly accounted for.
Safety Deposit Boxes and Storage
Vaults for rent.
Correspondence invited.
The Savannah morning news., 1903-10-14

TGIIIIIt
Charleston, S. c.. Oct. 13.-Turpen-
tine nominal. Rosin steady: A. B, c,
81. 10; D, 1920; E. $3.50; F, $2.45: G.,
50 so: H, 81 So l, 81. 40; K, 81. 90; M,
81 10; N, $4.15; w. G., $4.S0; w. w,
81. 60.
Wilmington, N. c., Oct. 13.--Turpen-
tine firm, SEC; receipts. 81 Rosin firm
Sc 10; receipts, 80. Tar firm, 81 So re-
ceipts, rs. Crude turpentine firm, 1925,
s.. 80 and 50. 80; receipts. %.
The Savannah morning news., 1903-10-14

Railroad Stocks.

Atchison NEUTRALITY-SUSPICIOUS.. 6Sh
Atchison preferred ............ 81
Baltimore and Ohio ................ 70 .
Baltimore and Ohio pref. ........ S6h
Canadian Pacific ,......,......... 1l6N
Central of New Jersey .14S
Chesapeake and Ohio .............. 2SA
Chicago and Alton ....-........... 24A
Chicago and Alton pref. .......... 61A
Chicago and Great Western ..,... 14h
Chicago and CT. Western B pfd. =. 25iR
Chicago and Northwestern .,......154A
Chicago Terminal and Trans -. So
Chicago Terminal and Trans. pfd. Is
c., C., c. and st. Louis ..>......... IL
Colorado Southern .............-.. liz
Colorado Southern list pref. 49,. At
Colorado Southern End pref. s..... 1872
Delaware and Hudson ..l..........r150
Delaware, Lackawanna and West.233 &
Denver and Rio Grande ...,........ Is
Denver and Rio Grande pref. 80. SIS
Erie .....,,.........' s....'........p. 26B
Erie LIST PREF. '....'.............'.. 50
Erie End pref ACKNOWLEDGEMENTS. AZ
Great Northern pref. ..,..........165 3
Heeking Valley ................... 81. =
The Savannah morning news., 1903-10-14

New York, Oct. 13.-Cotton, spot,
steady; middling uplands, $500; MID
ding gulf, 9,S5c Sales 1923 bales.
The Savannah morning news., 1903-10-14

Daily cotton MARKET
Galveston-Firm; middling 93s; net
receipts, %, 449 gross, 23,449;. sales, 1926;
stock, rs, 44S. Exports-Great Britain,
26,751; coastwise, 2314; continent, 761.
NOrfolk-Steady; middling, ga; net
receipts, All; gross, 4,0l7; sales, 287;
stock, Is, 1885, Exports-Coastwise g.
061.
Baltimore-Nominal middling. $50;
gross receipts 300; stock, 2,734.
Roston-Steadv: midding, $50; gross
receipts, 2,O3S. Exports-Continent, 200.
" lining ton-Firm; middling, 8; net
receipts, 4, $50; gross, 4,352; stock 49,
532.
delphia-Steady; middling, $685.
net receipts, 100; gross, 100; stock, 527;
Savannah-Steady; middling 1-16;
net receipts, Hip; gross, 11,712; sales,
2,5S7; stock, 5S,577
New Orleans-Steady; middling, 93s
net receipts, 11,2S1; gross, 11,2S1; sales,
$500; stock. 106,5S2. Exports-Great
Britain, II 800
Mobile > teady; middling, lis; net
receipts. . 80; gross, 5000; sales 1907
stock. 21,407.
wi. l.44.-s-Firm middling, 912; net
receipts, 3,o19; gross, 3,244; sales, q
$50; stock, 17,152.
Enthusiastically; middling. 9 7-16;
net receipts. 91S gross, ABS; sales,
Chareston-Steady; middling. g. net
receipts, $780, gross, $500; sales 100;
cock, 1873. Exports-Coastwise, u
s97.
~Cincinnati-Quiet; middling, IL; net
receipts, 200 gross, 200; sales, 1928.
"Lousville-Firm; middling 95s.
*St. Louis-Quiet middling, 919.
Fouston-Steady; middling, SIS; net
receipts 21,OOO; gross, $1,000; sales, g.
SSS: stock, 29,973.
New York-Steady: middling, $50;
net receipts, 1888; gross, 11,142; sales,
S29: stock 1O4,614. Exports-Continent,
1875.
Pensacola-Net receipts. 1875; gross,
1875.
OBSERVATION-DISCLOSURES It's bales from
net receipts since Sept. 1.
Total To-day, at All Seaports-Net,
1884; Great Britain, 3S,351; continent,
1885; stock, 1903
Consolidated, at All Seaports-Net,
157,315; Great Britain, 74,73S; France,
1924; continent, 1914.
Total Since Sept. l, at All Seaports-
Net, 100, $50; Great Britain, 265,2S4;
France, 1916; continent, S01,5S9.
Not Included in totals.
The Savannah morning news., 1903-10-14
HARRIS, GATES & co.
MEMBERS:

MEMBERS:
NEW YORK STOCK EXCHANGE.
new YORK COTTON EXCHANGE.
NEW YORK PRODUCE EXCHANGE
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
Kew YORK COFFEE EXCHANGE.
COTTON DEPARTMENT 10 Wall St.
New York.
orders solicited for Future DeIiveriea
The Savannah morning news., 1903-10-14
FINANCIAL.

The stock board at the Cotton Ex-
change has been moved to the west
side of the room.
The Savannah morning news., 1903-10-14
SPOT COTTON AT NEW YORK.

Futures opened steady and c
+ooHx,
The Savannah morning news., 1903-10-14

Inc STOCK DOdfu at the Cotton EX-
change has been moved to the west
side of the ROOM.
Local sentiment on stocks inclines
to the belief that. the liquidation which
has been carrying New York stocks
off recently is not yet over Fear of
floods" are entertained if the wiring
ing process continues much longer.
Bank stocks are not offering freely.
DOMESTIC n. Y. EXCHANGE
Buying Sc discount.
Selling: SIS and under loo premium:
$25 to $50. 15c premium; $50 to 500. 20c
premium 800 to $500; Soc premium:
5000 and over, par. -
FOREIGN EXCHANGE - Market
weak. Commercial demand, sterling
$4S4.25; sixty days, 81 so. 49, ninety
days, s4.79.25; French, 5.22A; Belgian.
1884; marks, sixty days, "a 7-32:
ninety days, SO 1916.
The following are the Savannah Cot
ton Exchange quotations:
The Savannah morning news., 1903-10-14
Atlantic Coast Line Railroad Co.

EFFECTIVE SEPT e. 1908
)th Meridian Tme-One Hour Slower Than City Time.
The Savannah morning news., 1903-10-14
Southern
Railway.

Trains arrive and depart Savannah
by s0th meridian time-one hour slow
er than city time
Schedule Effective, Oct. II. 1908.
40 THE NORTH AND EAST.
The Savannah morning news., 1903-10-14

Continued on Tenth Page.
Oakes Republican. (Oakes, N.D.) 1898-1906, 1903-10-23
BRITISH MINISTER WILL MEp,.
ATE BETWEEN RUSSIA AND
JAPAN.
DANGER OF CONFLICT i AyfRIfn
COUNT cAssiN, y SAYS lFk WAR
@ DOES COME 1T WILL NOT BE
RUsslA's FAULT.

London, Oct. 20. = Cabling from
.Tien-tsin. the correspondent of the
Standard says the Chinese governor
OF Shan 81 province reports that Gen
Tung Flu Slang is attacking the Rus
slams in Mongolia The correspond
ent explains that this possibly refers
to some interference with Russian
surveying parties on the Urga. .Kalgan
railway line. lss
British Minister as Mediator.
st. Petersburg, Oct. 10. - A news.
paper published at Port Dalng is re-
sponsible for the report that the
British minister to Japan, Sir Claude
t Macdonald, has undertaken to medi.
ate between Russia and Japan, and,
having secured Japan's consentsto Ger.
tain proposals, is now negotiating
with Russia. These proposals are that
Russia shall restore Manchuria to
China, and that the principal Man.
churian towns be opened to foreign
trade; that Russia withdraw all her
troops from $Manchuria with the ex.
ception of the railway guards; that
she renounce her forestry concessions
on both sides of the Yalu river as
well as the Yongampho concessions,
and that the whole country south OF
the Yalu be admitted as belonging to
the sphere Of japan.
Danger of sssccnfIict Averted.
f., Paris, Oct. 520.--Count, Cassini, the
Russian ambassad0rvsstes the United
States, has been interviewed on the
Far Eastern question. The ambassa-
dor said that the danger of conflict
which was real a few days back,
seemed to have been averted, and
that if ever conflict came it would
not be provoked by Russia. Continu-
ing, he said: ".Our rights in Man.
churia are undeniable. We made the
country, which until quite recently,
was a mere haunt for bandits We
now have vigilant police there, and,
moreover, we have built the railroad.
This does not mean that we intend to
annex Manchuria, but, having in
Cured enormous expenditures and
possessing immense interests there,
we insist that these be safeguarded,
and we expect to realize our legiti-
mate benefits"
Japan Is for Peace.
Yokohama, Oct. 20. - The Japanese
minister of war, Lieut.. Gen. Terauchi
XII, denies that the army is desirous
of war and says that the cabinet is
unanimous in wishing peace with
honor.
Oakes Republican. (Oakes, N.D.) 1898-1906, 1903-10-23
RlNeLEADER OF DYNAm,TERs
Northern Pacific Detectives believs
They Have Made Important Capture.

Northern Pacific Detectives believs
They Have Made Important Capture.
Helena. Mont. Oct. 20.-fsaac Gra-
velle was brought here last night by
a posse Of Northern Pacific detectives
and lodged in jail on the charge Of be-
tng connected with the dynamite out
RACES on the Northern Pacific SAT-
urday night while watchman was
patrolling the track about fifteen
miles west of Helena he ran across A
man digging q hole under the rails.
On being detected the man. ran away
and the watchman fired at him twice
but missed. Yesterday morning at z
o'clock Capt. Keowan and two others
took the trail from the railroad track
and followed it twenty miles into the
mountains, and finally captured the
man at his cabin. He is the man the
detectives have been hunting for three
weeks. Supt. Boyle and Detective Nc
Fetridge, who have charge of the work
Of running down the dynamiters, are
positive Gravelle is the ringleader Of
the outrages.
Oakes Republican. (Oakes, N.D.) 1898-1906, 1903-10-23
GREAT MILITARY CAMP.
Troops Assembled Ready for the
MancuverS.

Fort Riley, Kan, Oct. 20. - The
largest military camp ever formed in
this country in time of peace is now
located here on the government res
ervation. About 10000 men are here,
and to-day it is expected the total will
be increased to $4,000. The general
scope Of the. maneuvers, which will
commence in full Strength today and
continue for a fortnight, is the most
comprehensive that has been ar
ranged, and practically every situa.
ton soldier can be called upon to
face in time of war, save the two so
eminently disagreeable - danger of
death and lack of rations is COM
prised in the program. 1t is safe to
say that from sanitary point of view
no better camp was ever devised.