davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1903-12-12
COTTON.

Spot cotton closed quiet and firm,
with sales for the day of It's bales, and
good inquiry at the closing. The de-
mand was better than it has been for
some time past, the desire of spinners
to get at the remnant of cotton ac-
counting for the demand. There was
good buying both on the spot and from
the interior. The market has for the
past few days ruled rather quiet,
with the demand Indifferent, but there
is more serious view being taken
of tine situation of late and spinners
prefer to buy cotton to the risk of
waiting in the hope of getting it at
lower prices later on. The receipts,
1884 bales, against 5,692 bales same
day last year.
In the f. o. b. market the demand
was good, and brokers reported the
best days business they have had this
week The country showed some dis
position to sell, and as the market dis
closed a distinct advancing tendency
exporters were taking cotton freely
at the best prices they could get. 1t
is getting along towards the time of
month that cotton for December ship
ment must be bought, and rather than
wait for this until later exporters are
supplying at least a part of their flu
ture needs. The opening quotation at
the Cotton Exchange was 12Ac, and
the closing IL 5-16Q123sc.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day
The Savannah morning news., 1903-12-12

New York, Dec. 11.-There was an
unexpected change for the better in
Liverpool this morning and prices made
a fine advance, much to the conster-
nation of people who yesterday cal
culated that the bears would soon be
in full control. Some people have been
scared by the movement, and there
has been selling because of SO much
talk of the bureau figures being I'M
derestimated. The feeling, however,
has been gaining ground that the gov
eminent estimate, after the close
scrutinizing and criticism to which it
has been subjected for so many years,
will probably turn out even better
than its last years figures, which were
within $4,000 of actual yield. Prices
opened at a good advance, especially
for January, but considerable anima-
ton at the start soon disappeared
and prices eased off some. Port re-
celpts estimated $4,000 against $4,000
last year. Prices further advanced
during the morning. Higher prices for
goods were reported in
South Carolina. Shorts were nervous
in spite of a very full movement for
the week at Interior towns. Liverpool
was 10 to ~ up for the day and the
Manchester market was In much bet
ter shape. The market here developed
a stronger tone in the afternoon and
The Savannah morning news., 1903-12-12
COTTON FUTURES.

New York, Dec. 1.-THE cotton mar
Ket opened firm at an advance of 10016
points following higher Liverpool ca
bles Which indicated future bull sup
port and covering. For a time it con-
tiuued firm with the active months
right after the call showing net gains
OF 1906 points, but this level attract
ed renewal of bear pressure an qui-
dalton, and prices reacted as a result
to net gain of about Toll points.
Following this there was period Of
narrow and irregular fluctuations after
which the market was very firm again,
led by New Orleans, where the bull
leader was reported to be bidding for
large blocks at an advanced price.
During the balance of the session the
market showed an upward tendency
and the close was within a couple of
points of the best for the day with
the tone firm and a net advance of a
matter of 10 to "a points. Sales were
100000 bales according to the estimates
showing apparently a subsiding ten
dency in the way of public specula-
ton.
The news of the day was more or less
conflicting. Port receipts were heavier
than last years, but exports were fair,
and reports from the South reflected
an indisposition among holders to ac-
cept any concession, official advices
from the leading centers reporting firm
markets and unchanged prices to 1sc
higher. Reports from dry goods mar
kets were on the whole more encour-
aging, and it seems generally under
stood that there will be no immediate
curtailment in manufacturing.
The week end figures were about as
expected, and attracted little attention
Estimates for to-morrow's receipts at
leading points were heavy.
Receipts at ports to-day 46,764 bales,
against 4S,S2S last week and 36,431 last
year. For the week, $4,000 bales,
against 473,S50 last week, and 261,7S4
last year. To-days receipts at New
Orleans were 12,7S7 bales, against 1878
last year, and at Houston, 10, 1888 bales,
against 6,S15 last year.
Cotton futures at New York, Dec. II.
The Savannah morning news., 1903-12-12

overland across the Mississippi, Ohio
and Potomac rivers to Northern mills
and Canada 1885. against 44S,Sss last
year; interior stocks in excess Of those
held at the close of the commercial
year 461, 731, against 1920 last year;
Southern mill takings $4,000, against
$50, 1858 last year.
The total movement since Sept. is
5,742, S57 against 5,696,420 last year.
Foreign exports for the week have
been 207,O45. against 251,665 last year,
making the total thus far for the sea-
son s,065,524. against 2,S31,951 last year.
The total takings Of American mills,
North and South and Canada, thus far
for the season have been LAPS, 1872,
against 1,465,621 last year.
Stocks at the seaboard and the
twenty-nine leading Southern interior
centers have Increased during the
week 95,416 bales, against a decrease
during the corresponding period last
season Of 5,601.
Including stocks left over at ports
and interior towns from the last crop,
and the number OF bales brought into
sight thus far for the new crop, the
supply 10 date is 5,910,656, against s.
s11, 4S4 for the same period last year.
The Savannah morning news., 1903-12-12
wEEIILY STATEMENT.

New Orleans, Dec. 11.-Secretary
Hester's weekly New Orleans cotton
statement issued to-day shows for the
eleven days of December an increase
over last year of 114,000 and an i'm
crease over the same period year be-
fore last Of $4,000.
For the 102 days Of the season that
have elapsed the aggregate is ahead
of the same days of last year $4,000,
and ahead of the same days year be-
fore last 1874, 900.
The amount brought into sight dur
ing the past week has been 462. 107,
against 1853, 80 for the same seven days
last year, and 429, 1876 year before last.
The movement since Sept. / shows
receipts at all United states ports to
be 4,S43, 400, against 4,O94,494 last year;
The Savannah morning news., 1903-12-12
WORLDS VISIBLE SUPPLY.

New Orleans, Dec. 11.-Secretary
Hester's statement of the worlds Wis.
ible supply Of cotton, issued to-day
shows the visible to be 1854, 1se, against
S,472.1S2 last week, and 3,574,165 last
year. OF this the total of American
cotton is 3,054,196, against 2,976, 1872 last
week, and 1888, 165 last year, and Of
all other kinds, including Egypt, Bra
I'll, India, ETC., $4,000, against 100000
last week, and $4,000 last year. OF
the worlds visible supply Of cotton
there is now afioat and held in Great
Britain and Continental Europe 1884,
0OO against 1626,000 last year: In
Egypt, $4,000, against 49,. 900 last year;
In India, 12S,000, against $4,000 last
year, and in the United States LAS, 900.
against 100000 last year.
The Savannah morning news., 1903-12-12
7o7; stock. s6,s1s. Exports-continent,

7oT; stock. 66,s1s. Exports-Continent.
1,541.
Pensacola-Net receipts, $500; gross,
1900. Exports-France, $500.
newport News-Net receipts, 1888;
gress, 1873; stock, COL. Exports-Conti-
nent, 1850.
Galveston-Deduct 1923 bales from
exports coastwise Sept. 1.
Wilmington-Deduct 1858 bales from
receipts for week
Total To-day, at All Seaports-Net,
46, 764; Great Britain, 629; France, a.
500; continent, 6,SS2; stock, 917. 45O.
Consolidated, at All Seaports-Net.
S25,41O; Great Britain, AZ, 1850; France,
l9S45; continent, 131, 479; Japan, $50;
Mexico, 1925.
Total Since Sept. /, at All Seaports-
Net, 4,3S1,575; Great Britain, LIST, O99;
France, 456, 1856; continent, 1926. $40; Ia
pan, 16,949; Mexico, 1888.
*Not included in totals.
The Savannah morning news., 1903-12-12
LIvEaPooL COTTON MARKET.

Liverpool, Dec. 11.-Spot cotton mod
crate business done: prices 10 points
higher; American middling fair, 6.94d;
good middling, 6.7Sd; middling, 6.6Sd;
low middling, 6.62d; good ordinary,
6.52d; ordinary, SGD. Sales of the day
were 5000 bales, of which 800 were for
speculation and export. and included
$500, American; receipts, 5000 bales,
including 400, American.
Futures opened steady and closed
very steady: American middling, good
ordinary clause: December, s GOD; De-
cember-January, 6.55d; January-Feb-
ruary, 6.50@6.51d; February March,
6 .49d; March April, 6.47@6. 4Sd; April
May, 6.46@6. AID; May-June, $50
6.46d: June-July, SAD; July-August,
SAD; August September, $3.50.
The Savannah morning news., 1903-12-12


Daily Cotton Market
Galveston-Firm; middling, IL; net
receipts, 15,22S gross, 1928; sales, l5O;
stock, 299,972. Exports-Continent, g.
296
Norfolk-Steady; middling, IL 3-16;
net receipts. 1856; gross, 1855; sales
292; stock, 22,06S. Exports-CoastWlse'
1888.
Baltimore-Nominal; middling, 1925;
net receipts, 1,534 gross, 1884; stock,
10,543 Exports-Continent,7 1877.
Boston-Quiet; middling, 1925; net
receipts. SO; gross, 50. Exports-Great
Britain, 629.
Misunderstanding; middling, IL; net
receipts, 90T; gross, 907; sales, So; stock
12,7l6. Exports-Coastwise, 81.
hiladelphia-Steady; middling, 1895;
net receipts, 24O; gross, 274; stock, e.
375.
savannah-Quiet and firm; middling,
1lB; net receipts, 1884; gross, 1884;
Coastwise, 1854; continent, 1886.
New Orleans-Steady; middling, ~;
net receipts, 12.7S7; gross, 12,7S7; sales,
43O; stock, 323,277. Exports-Coastwise,
26.
Mobile-Firm; middling, 11%; net re-
ceipts, 1892; gross, 1889; sales, 700;
stock 1876.
FMemphiS-Steady; mlddling, IL; net
receipts, 2,S2S; gross, 6,279; sales, 3,15O;
stock, 9s,?9s. Exports-Coastwise,7
"Augusta-Steady; middling, 12A;
net receipts, 26O9; gross, 1884; GALES,
1858; stock, Ga, S26.
Charleston-Firm; middling, 1lB;
net receipts, 1901; gross, 1901; stock,
1888. Exports-Coastwise 1920.
Cincinnati-Dull; middling, IL; net
receipts, AIS; gross AIS; stock, 6,242.
'Louisville-Firm; middiing, 12%; net
receipts, 269; gross, 269; sales, 266;
stock, 2.
'St Louis-Steady; middling, 12@;
net receipts, 1000; gross, 1891; sales,
1929.
'Houston-Quiet; middling, IL 1915;
net receipts, 1888; gross, $685. sales,
421; stock. 76,199.
New York-Quiet; middling, 1910;
net receipts, 81; gross, 2,777; sales, l.
The Savannah morning news., 1903-12-12

New Orleans, Dec. 11.-Cotton fu-
lures steady; December, 12.20012.24c;
January, 12.35@12.S6c; February, 1250@
1252c; March, 12.63612.64c; April, 1853
Ql2.71c; May, 12,74q12.75c; June, 1878
Q12.SOc; July, 12.SSQ12.S4c.
There was fair demand for spot
cotton, though they were only moder-
ate. Both exports and spinners were
represented in the sample rooms. Sales,
4,25O bales, including $50 to arrive, de-
lVered on contracts, 600. Quotations,
1sc higher.
Futures were very quiet and prices
were 1000 points higher at the open
ing. Liverpool was 10 points higher,
and the New York market showed
strong advances. The improvement in
Liverpool brought out a flood of buy
ing orders at the opening, which caus-
ed great activity during the first half
hour In the trading December opened
at l2.OSc, advanced to 12.29c, declined
to l2.O5c, and recovered to 12.20c: Jan
uary opened at 12.24c, advanced to
l2.35c, declined to 12.16c and recovered
to 1235c; March opened at 12.57c, ad-
vanced to 12.64c, declined to 12.45c and
recovered to 1890; May opened at
1269c, advanced to 12.75c, declined to
1850 and recovered to 1274c; July
opened at 12.S0c, sold up to 1850, de-
cllned to 1850 and recovered to 12.S3c.
The market closed firm, with prices
within a point or two of the highest
level of the day, the net gains being
2562S points.
The Savannah morning news., 1903-12-12
OF MARKETS
CONDITION OF GENERAL TRADE
DURING THE PAST WEEK.
COTTON FUTURES HIGHER.
BURST OF SPECULATIVE AND LE-
CLIMATE BUYING BOOSTS PRICES.

savannah Spots Firm and in De-
mand-BrOkers Report Good De-
mnnd for f. o. ID. Cotton, With the
Best Days Business for the Week.
Turpentine Firm at 56c-Rosins
Firm-LOcaI and TeIegraphic Mar
kets.
The Morning News Office,
Friday, Dec. IL.
The cotton futures market gave de-
cided evidence of strength to-day by
a sharp rise, closing firm at top prices
for the day. There was an outburst
of speculative buying that started the
market at the opening, and support
was not lacking for the balance of
the day. New York closed 2O@22 points
up, and New Orleans 23Q24 points up.
A better demand for spot cotton and
for f. O. b. shipments was the feature
locally. For the first time this week
brokers report a better demand from
exporters, who for a time were sup
posed to be Withholding in the hope
of catching the market at rock bot
tom. When the turn came to-day and
prices started upward it looked to the
exporters like more pyrotechnics, and
those with orders in hand entered the
market quickly. The legitimate de-
mand contributed largely to accelerat-
ing the rise. On the floor of the Sa-
vannah Cotton Exchange active trad
ing was reported.
Turpentine closed firm at SEC, with
the demand good and the offerings alb
sorbed. The situation continues one
without change. 1t has been a long
time since there was as little to de-
velop in the turpentine market as now.
Resins closed firm, with the demand
moderate. The wholesale markets
closed steady. Sea island closed quiet,
but firm, with prices unchanged. De-
tails Of the different markets follow:
The Savannah morning news., 1903-12-12
A. Norden & Co.'s Cotton Letter.

New York. Dec. 11.-To-day's ad-
vance in Liverpool, caused according to
our cables by short covering principal
ly, brought in another flood of specu-
lative buying orders from the South,
accompanied by reports of great ac-
tivity in spot cotton at New Orleans.
The sales as reported amount to 400
bales, not a very large amount for
that market, creating the impression
that the whole business was bun
combe." However this may be, we pre-
fer not to urge our friends to follow
the advance, though people here are
talking of 13c in the next few days.
The Savannah morning news., 1903-12-12

prices advanced to points above
the opening prices. The insight fig
ures were 100000, against $4,000 last
year.
Estimates for tomorrow: Houston
$4,000 to $4,000, against 5,932 last year;
New Orleans, 10,5O0 to 1850, against
1914; Galveston, 10000 to $1,000, against
1889 last year.
The Savannah morning news., 1903-12-12
a. MnRDEN & CO,

Cotton Exchange Building, New York.
Members New York Cotton Exchange,
New York Coffee Exchange.
New Orleans Cotton Exchange.
Liverpool Cotton Association.
Special attention paid and facilities
for accepting consignments of cotton
as tenders on contracts at lowest pos
si5le rates.
The Savannah morning news., 1903-12-12
A. q. 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 ONCE, No. 81 Broadway.
Off1ces In principal cities throughout
the south. Write for our market man
nai and book containing instruction
for traders.
The Savannah morning news., 1903-12-12
Savannah Bank
and Trust Go.
Capital, $35O.OOO.

AsAS RSS0SOOOs
"osEFH ID. WEED, President.
JOHN G. ROWLAND, Vice President.
"M' F. McCAULEY, Cashier.
sAML' L. CLAY, Assistant Cashier.
A general banking and exchange
business transacted.
savings Department, interest
computed quarterly.
accounts of merchants, banks
~nd corporations solicited.
american xpress COmpany's LETT
'erS 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., 1903-12-12
HARRIS, GATES & CO.
MEMBERS:

N EN- bkHS:
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE.
NEW YORK PRODUCE EXCHANGE
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
NEW YORK COFFEE EXCHANGE.
COTTON DEPARTMENT 10 Wall St,
New York.
Orders solicited for Future Deliverisa
The Savannah morning news., 1903-12-12
DRY GOODS.

New York, Dec. 1.-THE dry goods
market shows slightly more animation
and orders are taken at asked prices.
Manufacturers are consulted on prac-
tically every order, and a decision is
arrived at whether the loss Is too Large
10 admit OF acceptance.
The Savannah morning news., 1903-12-12
Atwood Violett& Co. Saw.

New York, Dec. live sum up the
situation from our point of view by
stating that we expect IA cents in
this market by Feb. 1. We shall great
ly appreciate from our readers mail
information concerning percentage of
crop unmarketed and any other in
formation in that connection. Atwood
Violet G. Co.--ad.
The Savannah morning news., 1903-12-12
WEEKLY COTTON MARKETS.

Receipts Ports Past Week.-The fol-
lowing table shows receipts at all
United States ports for the past week
and the corresponding week last year:
Week Ending. Dec. i'll: 1903. 1902
The Savannah morning news., 1903-12-12

Comparative Cotton Statement
New York, Dec. 11.-For the week
ending Friday, Dec. IL:
Net receipts at all u. S.
ports during week ............ 325,470
Net receipts at all u. S.
ports same week last year =. 2SS,063
Total receipts since Sept. .4,331, 575
Total receipts to same date
last year Observation-Disclosures. ,l59,bO9
Exports for the week .......... 203,579
Exports for same week last
year ........ ................ 271, 953
Total exports since Sept. l.. .3,023, 767
Total exports same date last
year ........ ................2, 1888, I'll
Stock at all U. S. ports ....... 1880
Stock at all u. S. ports same
time last year ...... ........1, O23.S79
Stock at all interior towns .... 499,5S4
Stock at all interior towns
same time last year .......... SOL, 05O
Stock at Liverpool same time
last year ........ .............. 401,OOO
Stock of American afioat for
Great Britain same time last
year s....... .......... 3lo,OUU
Receipts Ports This Season.-The fol-
lowing table shows the receipts at all
United States ports since Sept. /, 1903,
and for the same time last year:
The Savannah morning news., 1903-12-12
NEW ORLEANS COTTON MARKET.

uplands, 12.4oc; middling gulf, 10. Csc;
sales, 1,707.
The Savannah morning news., 1903-12-12
Southern.
Railway.

Trains arrive and depart Savannah
by goth meridian time-one hour slow
er than city time.
Schedule Effective. Nov. 30, 1908.
TO THE NORTH AND EAST.
The Savannah morning news., 1903-12-12

New York, Dec. 1.-THE following
statistics on the movement of cotton
for the week ending Dec. IL were COM
piled by the New York Cotton Ex-
change:
Weekly Movement
The Savannah morning news., 1903-12-12

Charleston, S, c., Dec. 11.-Sea island
cotton: Receipts. 1872; exports, 9O6;
sales, 700; stock, 1859.
The Savannah morning news., 1903-12-12
SEA ISLAND COTTON.

Sea island cotton closed quiet, but
firm: No disposition to sell at con-
cesslons was manifest. The crop in
sight is 42,507, against 52,4O4 bales last
year. Good inquiry from exporters is
construed favorably by holders Cot
ton largely sold in the interior.
Prices about as follows:
Fancy FloridaS .24024h
Extra choice FIoridas ........22h@2S
Choice Floridas (nom.) 100 OIL
Fancy Georgias .............23 @2S1s
Extra choice Georgias ......22 @22h
Cnolce ......................2 20 @2l
Extra fine Gas and Fla ..1S1k@19
Fine GAS and Fla's Nominal
Week Ending Dec. IL
1903. 1902
receipts, net ............... 2,211 S,133
sales NEUTRALITY-SUSPICIOUS.. $50 1926
Exports .................. 1922 1854
Stock ................... S,275 ,276
Receipts, since Sept l, net. la, 1871 3S. 1856
Charleston g n nao II Co ;sIooa
The Savannah morning news., 1903-12-12
Savannah and StateSbOrO R'y
Through Passenger Trains
Savannah to StateSboro
VIA
Seaboafd and S. & S. R'y.


Nv. Savannah daily ex- Sum- VOpm
Ar. StatesbOro lbpm
LIZ. Statesboro loan
Lv. Statesboro, Sunday only. II SOam
Lv. Savannah, Sunday only......3 45pm
Ar. Statesboro. Sunday only. 80 00pm
Train leaving Statesboro $40 a. m.
daily except Sunday connects with s.
A. L. Train II going west.
Another train connecting at Cuyler.
leaves Savannah 700 M, arrive
Statesboro 10 a. m. Leave Statesboro
y. M, arrive Savannah $3.50 p. m.
Shortest and Quickest Route
Stock at interior
towns .............~2S, 5OS 4,534
Brought into sight for
the week ........ .473,9l 349,4l7
gain, =" loss.
Total Crop Movement
Port Receipts .4,345S17 4,1S1, 526
and Canada -. 25s,44s 49,, $3.50
Southern mills TAX
ings (estimat-
ed) ............ b3D,OOO 66O,OO
Stock at interior
towns in excess of
Sept. ......... 459,11 454,S2S
Brought into sight
thus far for
season ......,.5 1Oz,542 5,120,2S4
Stock of cotton at all ports, Dec. II,
1903, and on the same day Of the week
The Savannah morning news., 1903-12-12

Futures opened firm; closed firm.
SPOT COTTON AT NEW YORK.
closed quiet, Is points higher; middling
The Savannah morning news., 1903-12-12

Total ....... ...........51,S3
Daily Cotton Market
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-09-03
PRICES WERE LOWER
Opening Quiet, but Fairly Steady,
Rise in English Discount Rate
Having Little Effect.
Western Railway Stocks Fell Off
Shortly After Noon Under
Leadership of U. P.

New York. Sept 8.-The weakness caused in
the London market by the unexpected advance
OF per cent in the Bank Of England discount
rate was reelected very slightly in the opening
market here. Dealings were on very small
scale and while declines predominated, there
We're few scattering gains. st. Paul fell u
and running sales Of LOCO shares of Atchinson
were at 65N and IS u, compared with 65h last
night.
Considerable amounts OF Reading were offered
for sale during the first hour, which forced the
price below o.. Other stocks also weakened
IN sympathy. Missouri Pacific ST. Paul and
Rock Island lost a point each and other stand
ard stocks substantial fractions sAmalgamated
fell point, Consolidated Gas 1 n and AIetropolt-
tan Street Railway 2% but the specialties other
wise were neglected.
metropolitan Securities broke abruptly OK
and then rallied AZ, and Metropolitan Railway
rallied 2 points. Pullman lost points The
general list hardened slightly, but was intensely
dull Bonds were dull and Irregular at noon.
Efforts to sell Colorado Fuel found a very
limited market and the stock was offered down
with variations of and points between sales
until II reached A, a%drop Of points. The
western railroad stocks fell OF slightly again
under the leadership Of Union Pacific, which de-
clined to Is. North Western gave way 2, North
American II and Peoples Gas l.
Iraoers- bought stocks at the low level for q
turn, but the rally was small except for
full recovery In Rock Island and did not hold
long. Brookly Transit sagged IN and the
active stocks quite generally came back to the
lowest Kansas City Southern preferred de-
clined ", Wool IN, Iowa Central preferred
l 1-3, Toledo, st. Louis & Western preferred w,
and Buffalo, Rochester & Pittsburg preferred, s.
Ihere was decline Of point in Minneapolis,
st. Paul \ sault Ste. Marie 2% in Evansville
& Terre Haute. The general surface Of the
market was motionless. The closing was
heavy.
Stock quotations reported for The Journal
by watson & Co.. Chamber of Commerce, Mime
Closing figures are bid.