davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1903-10-01
STOCKS AND BONDS.

New York, Sept. 30.-The stock mar
llet operators showed a lack of conf
dence in the market to-day in the alb
sence of the large buying by the great
banking interests which supported
prices yesterday. The brisk upward
movement at the opening in contin-
uation of yesterdays movement gave
place to dizziness and hesitation follow
ed by a slow downward movement and
ending with decided weakness and a
drop which wiped out a good part of
yesterdays gains.
News developments were quite with
out influence on the movement and the
interest of operators seemed to be cen
tered on the question whether the lead
ing banks and capitalists of the coun-
try would continue to lead a buying
movement and whether the urgent
liquidation 10 secure relief from en-
barrassment caused by over-extension
by various syndicates and capitalists
was finished. The opening advance
was much helped by the mere cheerful
tone in London.
The completion of the stock market
settlements there without embarrass-
ment afforded great relief and led to a
sharp rebound in British consols There
seemed to be good demand also for
American securities over there. It
was suggested that Americans who de-
sired to go long of the market might
have preferred TO do so in London as
the closing up OF the contract will be
deferred for two weeks until the next
stock market settlement.
II soon became MANIFEST in the
course Of the animated trading of the
first hour that stocks bought yester-
day were being sold to cake profits.
This seemed to demonstrate the simple
purpose of that buying to support the
market and check the disorderly de-
cline and took away the investment
character of the buying. The selling
OF the United States Steel second fves
on the point rise was especially con-
spicuous and caused fear that it had
been marked up to market holdings
The renewal of the urgent pressure
against Pennsylvania completed the
discontinue of the newly formed bull
sentiment and turned the tide distinct
ly downward. Pennsylvania fell 2%
below last night and a number Of the
other market leaders as much as two
The Savannah morning news., 1903-10-01
NAVAL STORES.
"Wednesday. Sent. 30

Wednesday. Sept. 80.
SPIRITS-The turpentine market
took on a firmer tone after to-days
closing, when the outlook was enc9ur--
aging for the market The offerings
were cleaned up, something unusual
for some time past, and the demand
sound sources. There was nothing
during the early hours to indicate any
further strength during the day. The
opening was dull at soc. sales 81 casks,
and the closing quiet at 55c, sales 244
casks. The demand was said to be
principally from the foreign element,
who took turpentine freely at the mar
ket figure. 1t seems now to be well
understood that the floods caused con-
siderable damage in the turpentine
country, and especially in northwest
Florida, the Pensa cola section, and in
southern Georgia and Alabama. The
result is expected to be q lesser move
ment. To-day's receipts We're 599
casks, and the exports IS casks.
ROSINS-The rosin market closed
firm and unchanged from yesterday,
with opening sales of 749 barrels, and
no sales at the closing. The demand
was good throughout the day. The
offerings were wiped up. Exporters
were taking rosins on private terms at
higher than the official prices, though
it was said the sales will be reported
in time for the advances to appear in
to-morrow's opening quotations. The
receipts were 2,270 barrels, and the ex-
ports 40S2 barrels. Prices as follows:
The Savannah morning news., 1903-10-01
Ware & LeIand's Cotton Letter.

New York, Sept. 30.-The government
report on cotton Saturday is likely to
be as low as 72c according to the pit,
and some expect decline of Is points.
1t is this that has caused the short
covering and the steadiness in the
markat around 91ac. This morning
Liverpool advanced somewhat on the
face of the break here yesterday and
this was attributed to the weekly re-
port of yesterday. The condition of
crop of some of the most important
sections in the South is not good. The
damage by boil weevil in Texas has
been extensive. 1t begins to look as
though the bumper crop idea would
have to be abandoned Now the ques-
ton is, whether the crop is going to be
large enough to meet all requirements
and carry on the decline in prices?
This will be settled later. For the
present the movement is to be liberal
and the buying power is not liberal.
Cotton Is coming in freely and in
ducements to buy for an advance are
not such as to attract spectators. The
trade reaction may include cotton be-
fore the end of the year, and at any
rate spinners are very conservative at
the moment. This tends to offset the
bad crop news, could not be much
worse. This will, of course, have
its effect later on. For the present,
we would continue very cautious about
both selling and buying cotton. There
should be steadiness until sthe figures
are known Saturday. Trading is not
The Savannah morning news., 1903-10-01

of the belt and unfavorable crop re-
ports. Shorts were also rendered ner-
vous by the uncertainty regarding the
further developments in September,
and there was enough covering TO adj
vance prices another or points from
the opening level. AS the session pro-
crossed, however and it became evil
dent that September shorts had final
~ adjusted their commitments, the
tension was relaxed and the market
eased off to within or points of
Yesterdays finals. Offerings were not
aggressive, however. and after some
little irregufarity prices again started
upward, being encouraged by smaller
estimates for to-morrow's receipts at
New Orleans and continued bullish
crop accounts, notably in respect to
Texas, where the crop according to
trade authority is promising very poor
ly. In addition to this the exports
were very heavy, footing UP some ST.,
SOB bales, and this naturally had a
tendency to promote buying. Trading
was not active at any time during the
session, there being apparently a dis
position to go cautiously pending the
October report of the government on
Saturday. The market was finally
steady net 8 to 10 points higher, that
being within 1@2 points of the best
for the day. Sales were estimated at
$50 900 bales. Ideas as to the probable
showing of the governments October
condition figures are greatly at war
lance. Owing to the recent unfavor-
able bureau reports and the character
of many of the private advices many
are looking for a marked deteriora-
ton, while others contend that moth
ing radically out of the ordinary has
occurred and estimates range from
"a to IA per cent, against S1.2 last
month and $50 last year.
Cotton Futures at New York, Sept. 30.
The Savannah morning news., 1903-10-01
Baxter and Co.'s Cotton Letter.

New York, Sept. S0.-The market
opened very steady. There was a bet
ter display of strength than looked for
abroad in spite of the bearish advices
owing to fears of monetary crisis in
England. Weather views were not
We'll understood here, the Southwest
reporting very heavy rains, which it
was believed would prove more harm
ful than beneficial. The movement
was on large scale, but this did not
count for much. The Journal of Com
merce report from Texas was quite
bullish, in fact was simply up to eX-
pectation by those who have all along
taken the view that the crop there is
in bad shape. Taken altogether doubt
less many are beginning to realize that
the crop is going to be a moderate one
under the best conditions from now on
and are likely to be very cautious
The possibility of rains curtailing the
movement was not overlooked and
there was a great deal of anxiety as to
the bureau report of the month to be
issued to the third of October. If it
cent. the market may do much better
and doubtless may wheel in line. Abb
lene, Tex, had heavy rains to-day.
Port receipts, $4,000; last year, SO 000
Gables were l point lower. Memphis
advices were quite gloomy as to the
crop in that section. Estimates to-
morrow: Houston, 10, 300 to 10S0O,
against 1929 last year; New Orleans,
500 to 1900, against 11,S41; Galveston,
1900 to $4,000, against 17,1l7 last year.
The Savannah morning news., 1903-10-01
NEW ORLEANS COTTON MARKET.

New Orleans. Sept. 3O.-Cotton flu
lures steady: October, 9.40Q9.41c; No
vember, 9.3769.3Sc; December, 1870
9.3Sc; January, 942@9. 43c; February,
9.4669.4Sc; March, 9.53Q954c.
The spot cotton market was some
what easier with a fairly good de-
mand. Sales, 1850 bales, including O.
$50 to arrive. Delivered on contracts,
1900. Quotations reduced Lice.
Futures at the opening were to II
points higher than at the close yester-
day caused by unfavorable weather
conditions and ravages of insects in
Texas. Soon after the opening a
heavy liquidation by longs set in
which carried prices down few
points. Late in the morning the post
ing of a special weather bureau bulle-
tin showing heavy rains in Texas
checked the downward course of prices
and carried them up to within a point
or two of the highest figures of the
day, the list at the close showing net
gains of IL to II points.
The Savannah morning news., 1903-10-01

Trains arrive Savannah as follows:
NO. %. daily. from New York. Wash
Mgton and Cincinnati, $40 a. m.
NO: IS, daily. from New York and
Washington, $40 p m.
NO. 81. daily, from all points West
via Jesup. 11;59 o. IN.
All trains arrive and depart from
the Union Depot.
Trains 20 and 30. THE WASHING
TON AND FLORIDA LIMITED.
Eesttbuled 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. II. ACKERT. q. n, Washington.
D. c.
r. s 81 IL 4 EAE0w1cK. G. P. A. wash
W. II. TAYLoE. A. q. p. A.. Attain
Ia, Ga.
r c. BLATTNER, Depot Ticket
Agent. Union Depot, Savannah, Ga.
e. @. THOMSON. G. p. & T. A.. Sa-
vannah. Ga. al Bull street. Phones
$50
The Savannah morning news., 1903-10-01
LIVERPOOL COTTON MARKET.

Liverpool, Sept. 3O.-Cotton spot in
limited demand, prices 4 points lower;
American middling, fair 6.70d; good
middling, 6.4Sd; middling, $3.50; low
middling. 5.72d; good ordinary, sod;
ordinary, $40. The sales of the day
were 5000 bales of which 500 were for
speculation and export and included
3,400 American. Receipts 1000 bales,
including 900 American.
Futures opened easy and closed bare
ly steady; American middling, g.
o. c.; October, 5.30d; October Novenl-
Der, 514d; November December, 5.10d l.;
December-January, 5OS@5.09d; jan
uary- February, sod; February March,
sod; March-April, sod; April May,
5.07@5.OSd; May-June. 5.07@5.08d.
The Savannah morning news., 1903-10-01
TRADE AND FINANCE
COTTON FUTURES MARKETS CLOSE
AT GOOD ADVANCES.
SPOTS QUIET AND LOWER.
TURPENTINE QUIET AT 55C, AND
FIRM AFTER CLOSE.

spot Cotton steady Lie Lower With
the Demand Fair-Offerings in the
F. O. b. Market Equal to the De-
mand-Higber Prices Paid for
Resins at the OmciaI Level-LOcaI
and TeIeGranhic Markets.
The Morning News Office,
Wednesday, Sept 80.
Prices in the spot and contract cot
ton markets to-day We're at antipodes
in their movements. Futures advanced
on poorer crop reports and some bet
ter buying, while spots tended lower
with Savannah Nc off. The pressing
of cotton upon exporters is having
something to do with the depression,
and as long as receipts show up fair
ly we'll and the desire to sell lasts re-
cesssions are expected. New York
closed to 13 points up, while New
Orleans closed IL to II up. s4f
The offerings of cotton for T. 0. b.
shipment from the interior were fair
ly free. The demand was satisfactory,
and a fair business was done on the
basis of 11-16c for good middling.
Turpentine closed quiet at 55c, and
after the closing sold freely at SOC, with
the entire of the local offerings TAX
en-. All factors We're relieved of their
offerings. The market was called un-
officially firm. Resins closed firm, with
higher prices paid all through the list
after the closing. The understanding
is that these advances will be report
ed tomorrow in time for the opening
call. Details Of the different markets
as follows:
The Savannah morning news., 1903-10-01

points while the general run of the
market was / to 2 points lower than
last night. The closing was heavy and
without effective rally.
The bond market was irregular. To-
tai sales par value, $3,s40,0O0 United
States old AS declined u per cent. on
the last call.
Total sales of stocks to-day were
74S,7OO shares, including Atchison, A.
41O; Baltimore and Ohio, $500; Erie,
4O.244; Louisville and Nashville, 1850;
Missouri Pacific, 1920; New York Cen
trail, 1850; Norfolk and Western, 5,7I5,
Pennsylvania, 12S'SSO; Reaalng' aS' 5S,'
southern Pacific, 1880: Southern Rail-
way, 6, 800; Union Pacific, 65,16O; Copper,
1870; Sugar, $500; Brooklyn Transit
1920; Tennessee Coal and Iron, 4,l5O;
Jrited States Steel, 10000; United
states Steel preferred, 44,95O.
The Savannah morning news., 1903-10-01
MONEY MARKET.

New York. Sept. S0,-Money on call
steady; lowest 212 per cent; highest,
per cent; ruling rate. ~ per cent.
last loan, 8 per cent; closing bid, 21s
per cent; offered g per cent. Time
money nominally 5h per cent. for all
dates. Prime mercantile paper, 6661s
sterling exchange weak, with actual
business in bankers bills at SASS. 95d
for demand, and at $48204.S2.5 so for
sixty-day bills posted rates, $4S3 and
S4s7. Commercial bills. S4S2. Bar sill
yer, 591Ac. Mexican dollars, Acc.
The Savannah morning news., 1903-10-01
COTTON.

Spot cotton closed steady NC be-
low yesterdays prices. The receipts
were 1851 bales, against 1927 bales
last year. The sales We're 9s5 bales, of
which 325 went at the opening with the
price &c off, 1O1 at the MONDAY call
when there was further drop of
1-16c, and $50 at the closing. when
the price dropped another 1-16c.
In the f. o. b. market the demand
was fair, and the offerings fully equal
to local requirements. The belief pre-
walls that efforts will be made to bull
October, and in anticipation of this
some buying has been doubtless in
fiuenced. The current price for basis
good middling was 8 11-16c.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news., 1903-10-01
DRY GOODS.

New York, Sept SO.-Buyers of dry
goods are practicing the utmost con-
servatism in their purchases caused
principally by the difficulties surround
ing the financial situation. Jobbing
trade shows decided diminution, but
reports from the country state that
trade in the majority of sections is
still of satisfactory proportions and
that stocks are generally healthy.
The Savannah morning news., 1903-10-01
A. D. 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.
Offices IT. principal cities throughout
the South Write for our market man
ual and book containing instruction
for traders.
The Savannah morning news., 1903-10-01
COTTON FUTURES.

New York, Sept 3O.-The cotton
market opened firm at an advance of
: 70 "a points. and for time showed
further strength on the higher cables.
rather heavy rains in some sections
The Savannah morning news., 1903-10-01
FINANCIAL.

DOMESTIC N. Y. EXCHANGE
Buying kc discount.
Selling: S25 and under. 10c premium;
s25 to $50, i5c premium; $50 to 500. zoe
premium; 500 to $500, S5c premium;
5000 and over, par.
FOREIGN EXCHANGE - Market
barely steady. Commercial demand,
sterling $4.S5; sixty days $4SL25;
ninety days, $4.7945; French, 5.22as;
Belgian, 5.24; marks, sixty days, 94l1;
ninety days, "a 3-16.
The following are the Savannah Cot
ton Exchange quotations.:
The Savannah morning news., 1903-10-01

active and every one is very much
mixed on the outlook. Port receipts
were larger than last year.
The Savannah morning news., 1903-10-01

Galveston-Firm; middling, 10c; net
receipts, 14,433; gross, 14,433; sales, 100:
stock, 11S,711.
Norfolk-Quiet. nliddling, csc; net
receipts, S,75S; gross, 3,75S; sales, 1882;
stock, 7,779. Exports-Coastwise, 1859.
altimore-Nominal; rniddling, 1Oc;
gross receipts, 1,300 stock, 4S79
Boston-Dull; middling, 13c; net re-
ceipts, IL; gross, 1877.
Wilmington-Firm middIing, 950c;
net receipts, 4,459; gross, 4,459; stock,
22.S27.
hiladeIphia-Steady: middling. 1925;
net receipts, 125; gross, 799; stock,
125. Exports-Coastwise 5,331
Savannah-Easy; middling, 97-16c;
net receipts, S,951; gross, S,951; sales,
$50; stock, 32,5O4. Exports-Co astwise,
2,971; continent, 2O7S9.
New Orleans-Easy: middling, 9%c;
net receipts, 12,641; gross, 1920; sales,
1850; stock, 57,2S1. Exports-Coast-
wise, 500; France, $500.
Mobile-Firm; middling, SIC; net re-
ceipts, 127S; gross, 1,273; sales, 2,1O0;
stock, 12.727.
Memphis-Steady; middling, 9%c;
net recefnts, 159; gross, 1909; sales, $50;
stock, 1886.
enthusiastically; middling, 91ac; net
receipts, 1858; gross, 1892; stock, TO-
992.
Charleston-Easy; middling SIC; net
receipts, 1874: gross, 1874; sales, 252;
stock, ABS.
*Cincinnati-Dull; middling, lie; net
receipts. Sc; gross. Sc; stock, 5,597.
'Louisville-Firm; middling, 10hc.
*St Louis-Quiet; middling, 9Hc; net
receipts, rs; gross, S5 stock, $685.
*Houston-Easy; middling, sac; net
receipts, 1888; gross, 1888; sales,
1000; stock. 24,168.
New YoEk-Dull; middhng, 13c; net
receipts. 1,791; gross, 1879; sales; 22,-
OS7; stock, 1OS. 400. Exports-Great
Britain. 1850; continent, 2649.
Total to-day, at All Seaports-Net re-
cepts, 49,Sl5; Great Britain, 1850;
France, $500; continent, 23,3SS; stock,
371,26S.
Consolidated, at all Seaports-Net,
219, ASS; Great Britain, 22,070 France,
q, 1874; continent, 57,010
Total since Sept. /, at all Seaports-
Net. 566,771; Great Britain, F72,4s4;
France, BASIL; continent, 135,O59.
mot included in totals.
The Savannah morning news., 1903-10-01

New York, Sept. 3O.-Cotton, spot
closed dull; middling uplands, 1900;
gulf, 13.25c; sales, %, 0S7 bales.
The Savannah morning news., 1903-10-01
SEA ISLAND COTTON.

The sea island cotton market has
not yet opened, and will not until new
cotton comes in sufficient quantity to
attract buyers. Most of the weeks
receipts represent exporters interior
purchases of old crop cotton.
The Savannah morning news., 1903-10-01
HARRIS, CAFES & co.

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 Deliveries.
The Savannah morning news., 1903-10-01
Savannah Bank
and Trust Go.

'oSEPH d. WEED, President.
JOHN c. ROWLAND, Vice President.
WIN. f. McCAULEY, Cashier.
SAML' L. CLAY, Assistant Cashier.
A general banking and exchange
business transacted.
savings Department., interest
computed quarterly.
Accounts of merchants, banks
ana corporations solicited.
american xpress COmpany's let
tiers 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., 1903-10-01

Charleston, S. c.. Sept. SO.-Turpen-
tine nominal. Rosin steady; A, B, c,
$l.S5: d, $500; E, $2.15 F, $685. G,
1926; II, $2.65; l, $3.50; K, $3.50; M,
$415
Wilmington, N. c.. Sept. 30.-Tur-
pentine steady at Sac; receipts, CSC.
Rosin steady at $I.sOQ1S5; receipts,
lis.
Tar firm at $3.50; receipts, 81.
Crude turpentine firm at S2.25; re-
ceiots, 10S.
New Orleans, Sept. 30.-Receipts:
Rosin, 1856 barrels; turpentine, SO; ex-
ports, liverpool, rosin, 500
The Savannah morning news., 1903-10-01
SPOT COTTON AT NEW YORK.

Futures opened firm, closed steady.
The Savannah morning news., 1903-10-01
Southern
Railway.

Trains arrive and depart Savannah
by 90th meridian time-one hour slow
er than city time.
Schedule effective June Il, 1908.
TO THE NORTH AND EAST.
The Savannah morning news., 1903-10-01
Atlantic Coast Line Railroad Co.

EFFECTIVE SEPT e. 1903
Trains Slower Thar
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1903-10-08

THE ROYAL MONTH AND THE ROYAL
DIsEAsE.-Sudden changes of weather are
especially trying, and probably to none more
so than 10 the scrofulous and consumptive.
The progress Of scrofula during normal
October is commonly great. We never think
of scrofula--its bunches cutaneous eruptions
and wasting of the bodily substance-with.
out thinking of the great good many sufferers
from it have derived from Hoods Sarsap-
arlla, whose radical and permanent cures Of
this one disease are enough to make it the
most famous medicine in the world. There
is probably not city or town where Hoods
Sasrparila has not proved its merit in more
homes than one, IN arresting and completely
eradicating scrofula, which is almost as
serious and as much to be feared as its near
relative, consumption.
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1903-10-08
Clean Milking Ia Important.

Pains should be taken to extract the
last drop, II possible, at every milk
ing. Not only should this be done be-
cause the milk last drawn is the richest,
but that cows may be made to main
tain their flow much longer when pains
are taken at each milking, This is a
matter of great Importance to the dairy
man, as 1t determines the profit or loss
Of His business. A poor man cannot at
ford to keep a poor COW.
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1903-10-08
TENT WORMS.
A Legal Warfare to BE waged on
These Pests by the Granue

Duchess county (N. y Patrons are
going to deal with the tent worms
legally. All the oranges in that county
are to be asked to indorse the follow
ing act. which will be presented to the
next state legislature for its approval
and enactment into law:
An act for the destruction of tent worms
and their nests or tents within the county
of Duchess
commissioners of highways in each town
within the county of Duchess shall at
such time or times In each year as may
be necessary destroy tent worms with
their nests or tents In the trees on the
public highways in their respective towns,
and they may purchase all torches, i'm
PIGMENTS or materials necessary and
proper for such purpose the cost of
which, with the compensation of the
highway commissioners Mt the rate of 81
per day each for the time spent on said
work. shall be a town charge. The owner
or occupant of all lands within the county
OF Duchess at such time or times in each
year as may be necessary and when the
presence OF such tent worms in the trees
upon his land become apparent shall de-
stroy the same with their nests or tents
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1903-10-08

graduates OF the same institution. Mr..
Derthick is one of the prosperous farm
ers OF the Buckeye State who find
time between planting and harvesting
and harvesting and planting to devote
considerable time to the agitation of
those reforms which the grange be.
heves Will work TO the betterment of
the farmers as a class. He resides at
Mentor He has n reputation as an
orator and writer, as well as a stu
dent of scientific farming. He has been
connected for Il number Of years with
the state agricultural department in the
capacity of lecturer at farmers instl.
tutes and in this manner has attained
wide reputation in his own state as n
leader in advanced ideas on technical
farming. He has also studied the So
cial and educational problems of the
rural communities. He is one of the
strong members OF the state and ma.
tional grange.