davidaulloa/AmericanStories huggingface dataset:
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1903-07-02
osgood and Colorado Fual.

Denver. July John G. Osgood, for
mer chairman of the executive board
Of the Colorado Fuel and Iron COM
pany, has authorized the statement
that he continues his interest in the
Colorado Fuel and Iron company. and
will give all the support possible to the
new management, with which, he says
be is on the MOSS friendly terms.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1903-07-02

The Few summer cars of the Kenosha
Electric Railway Company were put
into service Sunday. Following the
hoodoo of the company one car burned
out an armature early in the afternoon
and was disabled.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1903-07-02
short Jaunts@For Busy PeoDle"

is the title of handsomely illustrated
booklet issued by the Chicago &INorth.
Western R'y, briefly describing nearby
summer resorts, with information as
to summer hotels and boarding houses,
railroad and hotel rates.. etc. Sent on
receipt of 2.cent stamp. Address w.
B. Kniskern, Passenger Traffic Mana
ger, Chicago. For rates.. tickets, ETC.,
apply to agents Chicago & North
Western R'y. VIC
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1903-07-02
TWO FOR PRICE OF ONE.

The TELEGRAPH COURIER and Chi
cago Inter Ocean for SLIGO per year if
paid in advance If
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1903-07-02

Geo. W. Hemp, of Racine, spent
Sunday in Kenpsha.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
Ware & LeIapd'& Cotton Letter.

New York, Dec. lit is just as
might have been foreseen. Commits
sion houses had lot of cotton bought
all the way from 10 to II cents, above
il SOC it looked like running in the
face of providence not to take profits.
The majority of holders have been
doing that for several days. AS a re-
suit when the Liverpool market went
wild this morning, there was no cot
ton for sale March ran up to IL SIC
and is likely to cross IL cents. But
this is always the way in specula-
ton. When you make a good profit,
get big money and take it, there is
q kick coming because you did not
wait and get more out of it. If, on
the other hand, the market had broken
there would have been a kick. It's
a kicking game at best, but we have
found that in the long run it is advis-
able to take profits on such a big
advance as we have had this fail. And
we are not regretting the cotton sold
around II. soc, though 1t now looks like
u cents. 1t can be replaced on the
first break. A break in the market
at this level means a break of any
where from 40 to so points. We see
nothing in the cotton situation to cause
us to change our views. There will
be plenty of chances to get it before
the end of January on a setback and
make more money. We have not been
inclined to buy for the last 40 points.
though the market had every sign of
doing better. We would rather take
profits and await the government re-
port. Prices are getting to a point
where it's wise to proceed very eau
timlslv
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
NEW ORLEANS COTTON MARKEr

New Orleans, Dec. 1.-The spot cot
ton market was firm throughout the
day, though the trading was light on
account of very cloudy weather, which
was unfavorable for the inspection Of
sample. Sales $3.50 bales, including g.
OPS to arrive. Quotations advanced 5-16.
influenced in part by the improvement
both in Liverpool and New York and
the continued upward movement in
futures.
At the opening futures were very
firm and prices 1906 points higher. AL
though there was heavy profit taking
prices rose until they were 27031 above
yesterdays close. Aside from the
strong bullish sentiment, the most DO
tent feature in to-days advance was
the bullish cables from Liverpool
where. toward the close, futures were
from % to rs points higher than yes
terday. This stimulated fresh buying
and put the market in a good position
to absorb the cotton thrown upon it
not only by satisfied longs, but also by
shorts who. as has beeh the case for
the last four days, were looking for a
reaction.
The weather was decidedly bad, the
may showing cold weather and some
snow, while late dispatches told of
snow Memphis and Little Rock, and
the forecast for tonight and to-mor-
row promised snow in many places.
In the trading December advanced
30 points to 11.7Sc; January 81 to
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
w. 6. TYSON.
PUBLIC ACCOUNTANT,
Board of Trade Building. Savannah, Ga

"Cincinnati-Dull; middling, lie; net
receipts, 465; gross, 465; stock, 4541.
*Louisville-Firm; middling, 11Ac.
"St. Louis-Firm; middling, 11%c; net
receipts. 800; gross, S,465; sales, PA;
stock, II, 343.
*Houston-Steady; middling, II 7-16c;
net receipts. 1919; gross, 1919; sales,
1876: stock. SO, AGA.
New York-Quiet; middling, II CSC;
net receipts, 40; gross, 1852; sales, 49,
700 stock, $3.50.
Observation-Disclosures 527 bales from
net receipts since Sept. 1.
Total to-day, at all seaports-Net re-
ceipts, 1853; Great Britain, 4O,7S9;
France, 4.S56: continent, 1925: stock,
856,765.
Consolidated, at all seaports-Net re-
ceipts, 214174; Great Britain, $1,000;
France, 5S,7S1; continent, 1884 Japan,
1,547.
Total since Sept. 1, at all seaports-
Net receipts, 3.S5O,635: Great Britain, l.
123,359; Trance. 427, ABS; continent, l.
110,532; Japan, 1859; Mexico, 1928.
TNot included in totals.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
COTTON.

The spot market opened firm, with
prices 1sc up, sales 1873 bales, ruled
firm at the monday call, hc higher.
sales 800 bales, and closed firm, with
closing sales of so bales. The total
sales for the day were 55S bales. The
demand was all that could be desired,
with everybody able to sell cotton at
full prices. 1t was not the general de-
sire to sell, for with the futures mar
kets moving at the rate they did the
conviction is that the staple will COM
mand higher prices. By not accepting
bids yesterday holders were able to
obtain much better prices to-day, so
that it is apparent what this means I'M
til there is a very material decline in
prices.
In the f. o. b. market it was a day
of Indifference on one side, and back
wardness on the other. The holder
did not apparently care whether he
sold or not, while the exporter was
backward, believing that a better OPP
portunity will later offer to get sup
plies. The ruling price for basis good
middling during the afternoon was
IL 11-16c bid, and 11%c asked. Consid-
cradle business was done around these
figures. The official f. o. b. quota
lions at IL a. m. were 11s4c, and at 8
p. M, IL 11-16Q11%c.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
COTTON FUTURES.

New York, Dec. 1.-The cotton mar
ket opened firm, at an advance of 100
10 points on sensationally strong
cables more bullish predictions re-
garding the probable showing of the
census bureau report expected to-
morrow at noon, which will show the
amount of cotton ginned to date, and
estimate the probable amount re-
naming to be ginned; firm advices
from the Southern spot markets and
a belief that there was still con-
siderable short interest in the market
likely to cover before the bureau re-
port. Before the opening sentiment
was very bullish and excited brokers
were predicting 12c for cotton before
the day was over. On the initial ad-
vance, however, which was attended
by great activity and excitement, there
was heavy realizing by bull operators,
who were apparently reducing their
lines, possibly with the intention Of
getting into better position for again
supporting prices in case of any de-
cline and this was heavy enough to
ease prices off a few points. But at
once there was another rush of cover
ing and buying orders that seemed to
come from all points of the compass
and started another rush of covering
and buying orders that seemed to
come from all points of the compass
and started prices upward, and before
midday December was selling at IL. Csc,
January, 11.75c; March, 11.S7c; May,
1850, and July, 11.S7c.
After this fluctuations were very ir-
regular. First realizing would bring
about partial reaction, then the
market would be rallied again, selling
within a point or two of the previous
hig hlevel. The local bull leader
bought aggresSiVely all the afternoon,
there also was buying by New Or
leans bull interests, and during the
entire session the market showed a
good firm undertone.
The close was down several points
from the best, but steady at net ad-
vance of 1929 points. Sales were
about 100000 bales. Receipts for the
day were full and the estimates for to-
morrows movement had a full aver
age, but speculation is centered on the
probable showing of the census re-
port and other factors have little i'm
mediate influence, particularly in view
of the continued firmness Of spot mar
kets and increased activity among buy
ers for New England spinners.
Cotton receipts ports to-day, 1883
bales, against 1886 last week and
56,171 last year; for the week, $780,
900 bales, against 377,693 last week,
and 326071 last year. To-day's re-
ceipts at New Orleans, 1862 bales.
against 1884 last year. and at Hous-
ton, 1919 bales, against 1854 last
year.
Cotton futures at New York, Dec. /.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
Baxter and Co.'s Cotton Letter.

New York Dec. 1.-The feeling to-
day in the cotton market was in
tensely Bullish In fact, as the days go
by the market seems to gain
strength. The foreign situation
to-day was strong. The crop
news, as a rule, was all one
way Everything points to short
yield, although we hear the usual an
nual reports of bulging warehouses, but
these are agreed to be exceptional. Sell
ers are debating their own terms and
shorts everywhere are panic-stricken.
Nothing stands in the way Of a fur
ther big squirt but the movement. This
is agreed to be very large, but It shows
that IL represents unusually rapid mar
keting and in spite of vt prices con-
tinue to soar. Outsiders are entering
the market regardless Of whether the
price is dear or cheap or reasonable.
The bull fever is on to stay until there
Is better evidence of a yield in excess
OF requirements. Heavy buying at the
opening advanced the market - to 20
points. Shorts covered on a large scale.
Liverpool was excited and higher and
no attention was paid TO receipts, be-
cause the ginners" report will appear
tomorrow, and nobody cared to take
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02

Trains arrive Savannah as follows:
No. 20, daily, from New York, Wash
ington and Cincinnati, $40 a. m.
No. 80, daily, from New York and
Washington, 1925 p. m.
No. 3d. daily, from all points West,
via Jesup, 11:59 p. M.
No. "a. daily, from all points West,
via Jesup, 100 p. m.
All trains arrive and depart from
the Union Depot.
Trains 80 and "a, THE NEW YORK
AND FLORIDA EXPRESS. Vesti-
buled limited trains, carrying Pullman
Drawing Sleeping Cars between
Savannah and New York. Dining Cars
serve all meals enroute. Connect at
Washington with Colonial Express for
Boston.
TRAINS 20 and 80, THE WASHING
TON AND FLORIDA LIMITED.
Vestibuled limited trains, carrying
Pullman Drawing-room Sleeping Cars
between Savannah and New York.
Dining Cars serve all meals en- route.
Also Pullman D1awing-room Sleeping
Cars between Savannah and Cincin-
natl, through Asheville and The Land
of the Sky"
For information as to rates, sched-
ules, ETC., apply to
G. H. ACKERT, G. M, Washington,
d. c.
S. H. HARDwICK, G.. p. A, Wash
ington, d. C.
W. H. TAYLoE, A. G. p. A, Allan
Ia, Ga.
r. c. BLATTNER, Depot Ticket
Agent, Union Depot, Savannah, Ga.
E. G. THOMSON, c. p. & 7. A, Sa-
vannah, Ga, 141 Bull street. Phones
$50
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
NAVAL STORES.

Tuesday, Dec. 1.
TURPENTINE-The turpentine mar
ket opened firm and unchanged at SEC,
sales sos casks, and closed firm and
unchanged, sales, no casks. The de-
mand was fairly good all day. with
the understanding being that the offer
ings could be had at the market price.
Since the tank people stated they will
buy the balance of this crop at any
price below 56c the market appears to
have been pegged, and to an extent
put into a rut. This is apparently
agreeable to the trade, however, and
keeps things In a less disturbed state.
The receipts, SAC casks, and the ex-
ports, LOO casks.
ROSINS-The rosin market opened
firm, sales 1906 barrels, and closed
firm, sales LII barrels. The demand
was good. and considerable transact
tons were made. The days receipts,
1882 barrels, exports 6,442 barrels.
Prices as follows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
A. Norden & Co.'s Cotton Letter.

New York, Dec. Liverpool was
simply wild this morning and our
market responded fully with an ex-
IRENE advance Of some 20 points,
though the net advance is rather UNI
der 20 points, owing to heavy realizing.
Prices are now well up towards IL
cents and the former short interest has
covered to a great extent, while there
has also been a great deal of buying
in anticipation of the ginners' report
tomorrow and the bureau report on
Thursday. We have been urging our
friends to buy cotton throughout an
advance of very nearly &c a pound, be-
cause we foresaw the present scram-
Bile. Now that the public in general
has come around to our views we COM
slider the immediate situation as prac-
tically discounted. and we are not in
favor of following the advance further
at the moment. We will probably see
very much higher prices before the end
of the season, but we believe the next
forty-eight hours will see the culmi-
nation of the bull movement, so far as
the immediate future is concerned. On
any further advance we would rather
sell than buy.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
Atwood Violet & CO.Say.

New York, Dec. 1.-THE result Of
our Investigations, which have been
sufficiently extended over the cotton
belt to arrive at an opinion as to what
the census and bureau should say on
the End and Srd inst, are such as
to make us feel that our estimate of
100000 will eventually prove to
be the outside figure for the crop.
Either or both reports may be SEN
sational in their bullishness, and we
look for much excitement in the next
few days. The advice we have been
giving through this medium for several
weeks, we still offer, namely, to sell
gradually only, and in this way secure
the very much higher prices which
are to materialize this season. At
wood Violet & Co.-ad.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
UNSUITABLE DEMAND FOR 1T.
ACTIVE BUYING THROUGHOUT THE
DAY AROUND THE FUTURE RINGS.

sDOt Cotton Closes at the Advance,
with the Country Indifferent
About SeIIing-Never Before Have
Holders Been known to Be Forth
aed as They Are NOw-NO Rush to
Dispose of SpOts-Turpentine Firm
at b6c-ROsins Firm and in Fair
Demand-LOcaI and TeIegraphic
Markets.
The Morning News Office,
Tuesday, Dec. 1.
This was a day in the cotton mar
lxet that will not be soon forgotten by
the Oldest of the trade. Seldom has
The market displayed such strength
and moved upward in defiance Of in
Nuences that formerly held prices down.
The receipts were large and it looks
like they are to increase, but prices
climbed steadily with the closing, show
ing very slight recessions from the best
prices of the day. Spots were very
firm. and from the interior reports
were that the actual holders of cot
ton were disinclined to sell on the the
orv that conditions warrant higher
prices. New York closed 1929 up, and
New Orleans 1902 points up.
Everybody was nervous, owing to the
coming government documents, which
are having a market effect this season
they have never before had in the his
tory of the cotton trade. In the first
place none seem to know what they
are going to be. Heretofore the tenor
of the reports has leaked out in ad-
vance and spectators FASTENED to dis
count their effect. Whether they have
leaked out this season none know, but
if they are bullish the spectators have
guessed well. for few doubted that a
large part of to-days rise was dis
counting the coming documents, which
are almost universally believed to be
of a bullish nature.
Sentiment has been so bullishly
moulded that the chances are now that
if the governments reports are bear
ish the trade as a whole may not
credit them. AS one man put it thous-
ands of dollars have been spent in
the past few months investigating the
size of this crop, and those who have
done this and give their opinions, will
not probably change them in the alb
sence of positive proof of their erro-
neOusneSS.
The Savannah spot market closed
firm, with prices Nc above yesterday,
and the demand good from all sources
In the TO. b. market little was doing,
with the country Indifferent about sell
ing, and exporters backward about
buying.
Turpentine closed firm at SEC, with
the demand satisfactory. Resins
closed firm at the prices below, with
the demand on the whole good enough.
The Wholesale markets closed steady.
Details of the different markets fol-
low:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
LIVERPOOL COTTON MARKET.

limited demand, prices, IL points high
err; American middling fair, 664d; good
middling, 6.4Sd; middling, 6.40d; low
middling, 6.S4d; good ordinary, 6.24d:
ordinary, sod. The sales of the day
were 5000 bales of which 500 were for
speculation, and export and included
1900 American. Receipts, 17,00o bales,
including 13, 100 American.
Futures opened steady and closed
irregular and excited. American mid
ding, e. o. c.: December, 6.34d; De-
cember- January, 6.2Sd; January Feb
ruary, 6.25G62 Esd; February March,
6.24@6. 25d; March-April, 6.23d; April
May, 621@6. 22d; MayJune, 5000
6.21d; June-July, 6.1Sd; July-August,
6 I'D.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
PICKED UP ON 'CHANGE.

Supt. ]. ]. Gaudry has just received
the installment of annual reports Of the
Savannah Cotton Exchange for dis
tribution. These contain useful data
for members, and may be had upon APP
plication to Capt. Gaudry. Besides an
accurate and comprehensive review of
the cotton operations of the old year
the report also contains full list of
members and attorneys of the exchange
useful for reference. The reports will
be generally distributed.
Mr.. Karl NJ. Oppenheimer, among
the older members of the Cotton Elk
change, has been on the floor in past
years when many government reports
were received, such as the ginners'
report to come to-day, and the govern
ment estimate Of this cotton crop, to
come tomorrow. Mr.. Oppenheimer is
a believer in the governments figures.
He recognizes the large cost and care
taken in the preparation of the informa-
ton, and believes the figures given
out this year will be entitled to the
full respect of the cotton trade every
where. There is much conjecture as
to what the figures will be, but there
is no evidence that anybody has sprung
a leak" in the department.
Hugh M. Hutton, of Hutton & Gibbes,
said: Until the market settles it is
natural for trading to be greatly re-
stricted in actual cotton. When hold
ers wait one day and get u to Nc more
for their cotton it stand to reason that
as long as this lasts they will wait.
This has been the way the market has
been moving for some time, and hold
ers are naturally waiting for the best
there is in the market for them. 1t
will take sharp decline to induce
business in the actual stuff upon
large scale. do not look for any
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02

11.S0c; March 81 to 11.97c; May 81 to
1907; July q to 12.10c. From the prices
there was a recession of 10 to IL
points on the active months. The
transactions were the largest of the
season. The closing was firm, The
list showing net gains of II to 81
points.
Futures closed steady December, lit
@11.62c; January, 11.69@11.70c; Febru-
airy, 11.77@11.79c; March, 11S6@11.S7c
April, 11.91@11.99c; May, 11.96@11.97c;
June, 11.9S@12.00c; July, 12.00@12.02c;
August, 1880 bid.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
DRY GOops.

New York, Dec. 1.-The dry goods
market has shown no general activity,
but with the decidedly upward trend
of the raw cotton market prices show
added firmness with advances either
open or unannounced. The independ-
ence OF manufacturers to offers to Sc
cure orders is a marked characteristic
of current trading.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02

Stock previously ......... 20, $50 94,zTs
New York, Dec. 1.-Rosin quiet. Turs
pentine quiet.
Charleston. S. c., Dec. 1.--Turpentina
steady at 555zc. Sales none.
Rosin steady; A, B, c, d, $500; e,
$2.05; r, $2.15; @, $2.25; H, $3.50; I, $3.50:
X, $2.7O; M, $3.50; N, $500; w. c., $s.15;
w. W., $3.40.
wilmington. N. c.. Dec. 1-spirit,
casks. Rosin, nothing doing: receipts
100. Tar firm, 1..S0; receipts, 204,
Crude turpentine firm. $2.25, $3.50 and
81 so; receipts, so.
New Orleans. Dec. 1.--Receiptss
Rosin, 67 barrels.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02

chances. Prices simply SCARED during
the morning. Sellers retired and buy
ers seemed to be supporting the mar
ket. Cables rose rs to % points, and
Manchester was very firm. Port re-
ceipts, $1,000, against $4,000 last year.
Estimates for tomorrow: Houston,
q, 900 to $4,000, against 1882 last year.
New Orleans, $1,000 to $1,000, against
29,247. Galveston, 1900 to 10000,
against S,945 last year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
4. 3. BAXTER & CO. INC.

successors to Murphy & Co..
Board of Trade Building, Savannah.
Private leased wires direct to New
York Chicago and New Orleans.
COTTON. STOCKS AND GRAIN.
New York Office. No. 81 Broadway.
Onices in principal cities throughout
the South. Write for our market man
ual and book containing instruction
for traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
New Orleans Trade Bodies Combine.

New Orleans, Dec. 1.-The board of
directors of the Board Of Trade to-day
voted unanimously to consolidate with
the Maritime Exchange. The Maritime
Board had previously acted. The two
bodies will be amalgamated about
Jan. l. A beneficial effect of the
merger will be a single instead of a
dual inspection of grain in New Or
leans.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02

New York, Dec. Spot cotton clos
ed quiet, 30 points higher, middling
uplands, .95c; middling gulf, IL zoe;
sales, 1900 bales.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
Merchants Z Miners Transportation Go
STEAMSHIP LINES
To Baltimore & PHILADELPHIA

Tickets on Sale to ALI Points North
and West.
First-class tickets include meals and
berths Savannah to Baltimore and
philadelphia. Accommodations and
cuisine unequaled.
The steamships of this company are
appointed to sail from Savannah az
follows Central Standard Ttme):
TO BALTIMORE.
FREDERICK, Capt. Robinson,
THURSDAY, Dec. 3, 3 p. m.
LEXINGTON, Capt. Kirwan, SATUR-
DAY, Dec. 5, 5 p. m.
ITASCA, Capt. Pratt, TUESDAY, Dec.
8, p. nj.
NEW ORLEANS, Capt. F. M. Dow,
THURSDAY, Dec. 10, a. m.
Steamship New Orleans does not
carry first-class passengers.
TO PHILADELPHIA.
ALLEGHANY, Capt. H. S. Chase,
WEDNESDAY, Dec. 2, 300 p. m.
BERKSHIRE, Capt. Hudgins, SAT-
URDAY, Dec. 8, p. m.
CHATHAM. Capt. Hudgins, WE'D
NESDAY, Dec. 8, s p. m.
Ticket Office No liz Bull street.
w. w. TULL, Agent.
Savannah, Ga
w. P. TURNER, G. p. A.
A. D. STEBBINS, @. M.
J. c. WHITNEY, I'd v. p. ana T. N.
General Offices. Baltimore. Md.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-02
FINANCIAL.

DOMESTIC N. Y. EXCHANGE
Buying 1sc discount.
Selling: SIS and under Toe premium;
s25 to $50, 15c premium; $50 TO S10o. zoe
premium; 500 to $780, S5c premiuml
5000 and over, par.
FOREIGN EXCHANGE - Market
weak. Commercial demand, sterling,
s4s4.25; sixty days. $4S0.75; ninety
DAYS, s4.79.25; French, SPA; Belgian,
500; marks, sixty days, "a 3-l6;
ninety days, 93B.
The following are the Savannah Cot.
ton Exchange quotations:
Continued ~, Tenth pana