davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
COTTON FUTURES.

New York, Dec. 16.-The cotton mar
ket opened steady with an advance of
points to a decline of 1 point, gains
being in sympathy with higher cables
and further bullish advices as to the
Southern spot situation, which, how
ever, were more or less conflicting.
With receipts of the day, promising
to be large, the room element, in
fluenced also by the reduction in FL
lison's consumption figures, were in
clned to take a bearish view of the
immediate situation. There was con-
Sequently considerable cotton Offering
at the opening advance, and shortly
after the call the market had been de-
pressed to about last nights figures.
1t was soon rallied again, however, by
a renewal of moderate bull support and
at one time showed a net advance of
to points, easing off again in the
afternoon under further liquidation aft
er which it ruled very irregular, but
was steadied just before the close by
demand chiefly from Southern sources
and was finally steady net 2 to 5
points higher.
Sales for the day were only 100000
bales according to estimates, reflect
ing the continuance of a holiday mar
ket with most of the trading between
professional operators, who seem sat
isfed with scalping for small turns.
Port receipts for the day were over
last years, and the estimates for to-
morrow's movement were heavy.
On the other hand, exports were lib
eral, and the Southern spot markets
were steady at generally unchanged
prices.
Receipts cotton to-day at ports, 40,
1877 bales, against 1859 last week, and
43, 100 last year. For the week, 300, COG
bales, against 1916 last week, and
26S,31S last year. To-days receipts al
New Orleans were 16,471 bales. against
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
Baxter and Co.'S Cotton Letter.

New York, Dec. 16.-There was a bet
ter feeling in the early market on ac-
count of very good cables. Receipts
were quite heavy, but nobody appear
ed to mind that except the bears, who
are daily discovering that the heavy
movement alone won't shake out bulls
at this time. After the holidays it
is expected that receipts will be of
moderate character, and that prices
will be advanced with CELEBRITY. 1t is
quite evident that the loudest bear
is unwilling to sell at the present price,
although they continue to point at
the large movement. The fact is that
the crop promises to be so small that
nobody ventures to sell, and bulls are
expecting that the ginners' report next
month will be very bullish, although
the amount ginned may so far exceed
last year as to convey an erroneous
impression in the minds of those who
fail to see the difference between the
receipts and the amount ginned. Early
prices were better and shorts covered
freely, and before long prices harden
ed materially as Southern reports came
in that receipts would surely shrink
before many days. Cables were much
better as the day wore on and closed
at points advance. Yarns were quiet
at Manchester and cloths offers too
low. Receipts AZ ports $4,000, against
A. 900 last year
Estimates for tomorrow: Houston,
4, 900 20 10000, against 4.0lS last year;
New Orleans, 1900 70 10000, against
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
COTTON.

Spot cotton displayed further
strength to-day. The opening was
firm, sales 900 bales, the MONDAY call,
sales 24O bales, and the closing firm;
no sales. Total sales $40 bales. From
all quarters the demand was reported
as good. Factors have no fear about
their ability to dispose of all the cot
ton they have. From now on the de-
mand for cotton for December ship
ment will be good, and the chances are
the market may derive strength from
the free buying expected from export
ers. Receipts to-day, $3.50 bales,
against 1901 bales for the same day
last year.
F. o. b. Market-In the f. o. b. mar
ket the demand was fair. The export
ers are beginning to get more interest
ed in the market. The interior are
resting on their oars in the hope that
the month-end will bring a sharp de-
mand for cotton for export that may
carry prices upward. They are, there
fore, waiting for the best the market
can offer. At the opening the Cot
ton Exchange reported basis good mid
ding at 123sc, and at the closing
steady at 1850 Brokers reported the
interior willing to sell only at full
prices.
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, 1903-12-17
ware & LeInnd's Cotton Letter.

New York, Dec. 16.-There was no
change in the cotton situation. The
same advance over IL. SOC, as yester-
day, and the same decline later in
the day. 1t was a good market to
take profits on, and one that shorts
found too strong to break. Trading
proved to be light. This has been the
feature for three days now. Outside
business has fallen off to merely NOM
inal proportions. AS long as this con-
tinueS the case, conditions are likely to
favor the seller, who takes profits on
an advance and runs the chance of get
ting his cotton back. When the mar
ket advanced early to-day there was
a lot of cotton for sale over II SOC for
May, and this supplied the demand in
spite of the Liverpool advance. Some
cotton was taken by those who sold
recently and this helped the steadi-
ness. On the large receipts estimat-
ed at Houston and later on at Gal
weston and New Orleans, there was
some selling, and May reacted to IL. Acc.
But the tone showed resistance to pres
sure, and prices recovered later on.
At no time was there any weakness.
In view of the large movement and
the fact that May sold at 12.16c, last
weak, the market ruled decidedly firm.
There are no evidences of the next
move in the cotton market. AS far as
evidences go, the market may advance
or decline a half cent a pound. Thus
far honors are all with holders, and
it will require continuance of large
receipts to bring about a break in
prices. Still, every reasoning leads
a conservative trader to buy on breaks
only, and to take profits on such adj
vances as we have had recently. There
will be opportunities to buy back the
cotton, and ii is advisable to take few
risks at this price.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17

to assert itself In spite of the very
light pressure to sell stocks. Brooklyn
Transits rise seemed due to buying
from the same sources as for some
time, but the approach of the opening
to traffic of the new bridge from New
York across the East river was given
as reason for the demand for the
stock, on account of a prospect of in
creased traffic from that cause. Sugars
advance was supposedly due to the
imminence of the passage of the Cuban
reciprocity bill through the Senate.
The market for Amalgamated Copper
continued very active and the price
moved irregularly. The activity OF
the raw copper market In London was
an influence on the stock but the deal
ings were attributed to an organized
speculative movement. The repression
upon the market which was evident
was not easily explainable.
The sharp recovery In the sterling
exchange market was sufficient TO put
an end 10 gold exports for the present.
The demand for remittance Is to cover
interest and dividend obligations to
foreign security holders. and the holt
day remittances TO friends by foreign
ers resident here Is also a conspicuous
Continued on Tsnth Page.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
TRADE AND FINANCE
COTTON FUTURES MARKETS CON-
TINUE TO MOVE WITHIN MAR
ROW RANGE.
SPOTS BEING FIRMLY HELD.
HOLDERS NOT DISPOSED TO LET
GO FOR LESS THAN THE ASKED
PRICES.

Relief Is That the Demand VIII
show an Improvement the Bal-
nnce of the Month BY the En-
trance of Exporters for Cotton for
Decempcr pments-Turpehtine
Firm mt &c Lie, with the Demand
GOod-ROsins Firm and in Fair
Demand-LOcaI and TeleSraphIc
Markets.
The Morning News Office,
Wednesday, Dec. 16.
The talk about holiday dullness on
which the commission houses have
been writing for some time has ap-
parently arrived, judging from the
narrow range of the price movement.
For a time it was thought possible
the pyrotechnics of the cotton market
might blend tremendously with the
Christmas displays, but it now APP
pears that there are to be no cotton
fireworks. Nobody believes it is a lack
of ammunition, however, for the bulls
are believed to have all that is neces-
sary, and will use it in stirring en-
thusiasm on which to boom the mar
ket later.
The concensus of local opinion is that
this is the time for the spinner to make
hay, and make it fast. A canvass of
the exporters on the Cotton Exchange
discloses that a majority of them have
advised Europe to buy cotton, and a
number of spinners are doing so. While
the market is not moving very much
~ zz,1N &c
a strong belief that another material
advance is to come later, and that the
longer it is deferred the more whole
some the market will become.
This is one of the seasons when the
old rules for analysing statistics are
cast aside, and conditions faced as
they really exist. Receipts seem to
cut small figure, for the largest sin
gle advance this season was the day
the ports got the record receipts of
100000 bales. The time was when cot
ton was piled into the ports, and the
spinner could judge pretty well from
the port stocks what the crop was to
be. But that day is passed, and it
looks like the day when the port re-
ceipts are to indicate the crop is also
passing, for systematic methods of
collecting information enable the trade
to get closer to the movement, so that
by the time the cotton reaches the
ports it's effect is generally discount
ed When the large receipts first be-
gun to show one commission firm
pointed to their prediction that an in
crease would follow their predicted
higher price for cotton that would
start the movement under good head
way. When the receipts piled up, there
fore, this house expressed no surprise
and referred to their forecast.
On the spot cotton was in good de-
mand. Factors were holding out for
the best prices, with the hope of get
ting them. From the interior offerings
were in fair volume. Full prices were
being asked. and unwillingness to sell
at a lower than the asked basis pre-
cluded business.
Turpentine closed firm at 56Hc., ad-
vancing for the first time in several
weeks. Rosin closed firm and in
moderate demand. Details of the diff
ferent markets follow:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
NEW ORLEANS COTTON MARKET.

New Orleans. Dec. 16.-Spot cotton
active and firmer; most of the demand
is said to be from those who have con-
tracts for December delivery. Sales,
$3.50 bales, including 1850 to arrive and
$3.50 f. o. b. terms: delivered on con-
tracts, 800. Quotations Lice higher.
Futures influenced by the firmness of
spots and the improvement in Liver
pool opened steady with prices I'M
changed to points higher than yes
terday's finals and later developed a
slight improvement, January advancing
5 points to 1913 5c. March 6, to 12.67c;
May Z, to 12.79c. and July points, to
- soc. The market closed firm and
within a point or two of the highest
figures of the day with net gains Of 5
to points.
Cotton futures closed steady: Decem-
Der, II. 25@12 &c; January, IL. 35@12.S7c;
February, II, 51@12 .53c; March, 1860;
April, 12.72@12.75c May, II. 7s@12 .T9c;
June. 12.S3@12. S5c; July, 12.SSQ12 SOC.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
MONEY MARKET.

New York, Dec. 16.-Money on call,
steady, 4h@5h per cent. closing bid
and offered a. Time loans slightly
easier: sixty days, and ninety days
per cent; six months, 5@5A. Prime
paper, s; sterling exchange,
strong with actual business in bank
ers bills, at .S5@4S4.15 for demand
and at 81. 50. 60@4. 1910 for sixty days.
Posted rates, s4.S1@4.S11s and A.S4ia
04.S5. Commercial bills. 81 S0A %
1 .sO9s. Bar silver. 55ss. Mexican dol
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17

strained common to good. $2.55@2 go.
Turpentine steady.
Wilmington, N. c., Dec. 16.-Turpen-
tine, firm, 55c; receipts, 27.
Rosin, steady, $210; receipts, ISL.
Tar, firm, $1.7O; receipts, 45S.
Crude turpentine, firm, $2.25, $3.50
and 50 80; receipts, u.
Charleston, S. c., Dec. 16.-Turpen-
tine steady, 55@551ac. Rosin steady:
A, B, C, D, f, F, $40; G, $2.15; H,
81. rs; I, $2.45; K, $40; M, $3.50; N
81. 95; w. c., $3.15: w. W., $S.4O.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
STOCKS AND BONDS.

New York, Dec. 1.-THE stock mar
ket took on a typical tone OF holiday
dullness and apathy to-day. Fully half
the days meager transactions were In
four stocks, Amalgamated Copper,
United States Steel preferred, Penn
sylyania and Brooklyn Transit. An adj
vance in a few Of the speciaitiea caused
some sympathetic response In the
general list, but the advances were
largely lost before the end Of the day.
The almost total lack OF demand for
stocks allowed a grayitatinE tendency
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
LIVERPOOL COTTON MARKET.

Liverpool, Dec. 16-Cotton, spot
moderate business done, and prices
unchanged to points higher; Ameri-
can middling fair, 7.02d; good middling
6.S6d; middling, 676d; low middling
6.7Od; good ordinary, $500; ordinary,
6.4Od. The sales of the day were 1000
bales, of which 500 were for specula-
ton and export and included $500
American. Receipts, 2S,SOO bales, all
American.
Futures opened quiet and closed
steady; American middling, good ordi-
nary clause, December 6.66d; Deem
ber- January, sgd; January February,
6.5Sd; February March, 6.56@6.57d;
March-April, 6.55d; April-May, 6.54d;
July-August, 6.4S@6.49d; August-Sep-
tember, 6.36d.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
HOSP; Galveston, 10000 to $4,000
against 1903 last year.
A. Norden & Co.'s Cotton Letter.

New York, Dec. 16.-The cotton mar
ket has again been rather uninterest-
ing to-day but there has been quite a
firm undertone, Notwithstanding the
liquidation of one or two large lines
held by local spectators. Our Liver
pool friends send us a very encourag-
ing cable as to the Manchester situa-
ton, disagreeing entirely from the
published reports Of probable short
time. Nevertheless, there are proba-
bly, enough spinners who have not Sc
cured their supplies and who will be
obliged to resort to more or less cur
tailment to make the last estimate or
Mr.. Ellison look plausible. He fig
ures now that the world will only need
10,273000 bales cotton and possibly
200, 900 bales, owing to the good spin
ming quality. We continue to expect
scalping market and advise sales
around present figures.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
FINANCIAL.

DOMESTIC N. Y. EXCHANGE
Buying hc discount.
Selling: $25 and under. 10c premium;
s25 to $50, 15c premium; $50 to 500. zoe
premium; 500 to 5000, 35c premium:
5000 and over, par.
FOREIGN EXCHANGE - Market
weak. Commercial demand, sterling,
$4.s4.25: sixty days, $480.75; ninety
days, $4.79.25: French, 5.22A; Belgian,
5.23; marks, sixty days, "a 3-16:
ninety days, 93B.
The following are the Savannah Cot
ton Exchange quotations:
bnnk Stocks.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
DRY GOODS,

New York, Dec. 16.-Market condi-
lions in dry goods have changed, but
little during the day, buyers continu-
ing to evince reluctance at paying the
present level, while the attitude of
sellers is stronger than ever. Con-
siderable business is being booked
quietly at asking prices, which neither
buyer or seller are willing to say very
much about. Jobbers are preparing
for their semi annual clearance sales
and house trade is not active.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17

CdAlG COlAOu
Galveston-Firm; middling, IL ZIG;
net receipts, 12,415; gross, II, AIS; sales,
54S; stock, 299,325.
Norfolk-Steady; middling, 12A; net
receipts, 2,9O9; gross. 1900; sales, 5SS;
stock, 22,9S5. EXports-Coastwise g.
161.
Baltimore-NominaI middling, 1925;
gross receipts, S75; stock, 11,S12
Boston-Steady; middling, 12.45; net
receipts, 126; gross, 2,675.
Wilmington--Steady middling, IL
net receipts, 1732; gross 1,7S2; STOCK
p $50.
hlladelphia-Steady; middling, 1870;
net receipts, 81; gross, 224; stock, 1904.
Savannah-Firm; middling, l2h; net
receipts, $3.50; gross $3.50; sales, 300;
stock, 1856. Exports-Great Britain,
S,6l2i coastwise, 249.
New Orleans-Steady middling,
y 3-16: net receipts, 1911; gross, 49,
Al; sales. $500; stock, 3l9.652. Elk
ports -Coastwise, 1000; continent, H.
1872; France. s29.
Moblle-Very steady; middling, II;
net receipts, 4s7; gross. 4S7; sales, 900;
stock, 46,34O. Exports coastwise'
100.
Memphis--steady; mlddling, II; net
receipts, 2,s7s, gross. 2,37s; sales, $780,
stock, 1922.
Augusta--steady; middlinG ighi
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
A. q. BAXTER & CO. -. ING.

successors to Murphy 4 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.
Off1ces In principal cities throughout
the south. Write for our market man.
ual and book containing instruction
TOR traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
A. NoRDEN & CO.,

Cotton ExcIiange building, Now 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 az lowest pos
aible rates.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
HARRIS, GATES & CO.

MkMbEhO.
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. (Savannah, Ga.) 1900-current, 1903-12-17
SEA ISLAND COTTON.

Sea island cotton closed quiet, but
firm. No disposition to sell at con-
cessions was manifest. The crop in
sight is 42,5O7, against 52,4O4 bales last
year. Good inquiry from exporters is
construed favorably by holders. Cot
ton largely sold in the interior.
Prices ahOIIt &C follows.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17
14,514 last year, and at Houston, 14,442
bales, against 6,91S last year.
Cotton futures at New York. Dec. 16.
Futures Opened Steady; closed steady
SPOT COTTON AT NEW YORK.

New York, Dec. 16.-Cotton-Spot
closed quiet; middling uplands, 12.45c;
middling gulf, 1270c; sales, none.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-12-17

6EIWEEN SAVANNAH AND TY-
trains arrive at and depart from
1pyoee depot. Randolph street. foot OF
STANDARD (sOth meridian) time, one
nOur slower than Savannah city time
ana LEAVE SAVANNAH.
s'OV a. M, $3.50 p. m.
LEAVE TYBEE.
-S:45 a. m. 1870 p. m.
only.
Connections made at terminal points
Southwest.
O. Sleeping cars on night trains between
SSaVannah and Augusta, Savannah and
hacon, savannah and Atlanta.
z-sectlon Drawing Room Buffet Care
between Savannah and Birmingham
wa macon and Columbus.
Farior cars ON day trains between
savannah. Macon and Atlanta
For complete information, schedules
rates and connections, apply to
w. G. BREWER, City Ticket and
passenger Agent, LOT Bull street, or
w. r. McINTT RE. Depot Ticket
Agent.
J. c. HALLE, Gen. Pass. Agent.
+. J. ROBINSON. ASS. GenI Pass
Agent.
W. A. WINBURN, Vice President
and TRAFFIC Manager.
THEO. d. KLINE, General Man'g'r,
Savannah. Ga.
The Providence news. (Providence [R.I.]) 1891-1906, 1903-03-16
ABOUT SOUTH D'KOTA.

During 1902 South Dakota har-
vested 46,SsS,ooo bushels OF
wheat, value $2o,z3o,ooo, and sold
live stock TO the value of S3I,-
100000.
There are splendid opportuni-
ties for success in South Dakota
today. One crop sometimes pays
for farm
Tickets SI4 from Chicago or
Milwaukee TO South Dakota
points on the Chicago, Milwau-
kee & st. Paul Railway.
Dates, March u, "a and 81,
and April Z and IL, 1903.
Additional information on re-
qTest.
W. ". HALL, n. {. Freight and Psss'r Agt.
369 Washington ST., Boston.
The Providence news. (Providence [R.I.]) 1891-1906, 1903-03-16
81 GRAVES
WILL BE
OPENED
Philadelphia PoIIcs Believe The
Negro Hsrb doctor" Is Re.
sponsibIatOT TlatM Many Deaths

Philadelphia, March 16-The police au-
thorities have directed the opening OF o.
graves, having secured evidence which
leads them 10 believe that George HOS
sew. the negro herb doctor Is respon-
slble for many deaths Hossey is In JAIL
as an accessory to the murder OF william
q. Danz, whose widow is charged with
having administered TO her husband $40"
poison furnished by the negro.
I'VE do not know how many poisoning
cases can be traced to Hossey," said
police official today. but thus TAR we
have secured evidence that has warranted
us In directing the opening OF the "a
graves. This step will begin at once
and we believe that the result will show
that Assistant District Attorney Shoyer
was not exaggerating when ne prahoeo
Hossey as an arch poisoner.
This case IL assuming proportions Tar
beyond the comprehension or those con-
nected with IL at the time Hossey was
arrested. The real investigation il just
beginning. and before it proceeds much
further startling developments viii crop
up There may be several arrests, OUT
they are not likely 10 come until the or
gans OF the bodies eXhumed have Deen
examined by the chemist"
Detectives are searching for whlte
woman, who is alleged TO have represent
ed Hossey in the preliminary dealings
with his patrons.
The Providence news. (Providence [R.I.]) 1891-1906, 1903-03-16
LIBERATION OF CHINA.
Agents of Chinese Notified Progress That
Crusade viii Begin at Once.

New York March 16.-Secret agents OF
Chinese pnogress in this city have re-
ceived private information from San
Francisco that the crusade for the liber-
alton Of China is to begin at once. Amer
ica Is TO be the headquarters OF kang Yu
Wal the young reformer and ex-memoer
OF the Tsung Ii Yamen, VINO seeks
through his society, the Bow Wung Wui
(Society for the Protection of the En-
peror) TO make Kwang Hsui emperor IN
fact az we'll as In name.
Kang Yu Wal, II Is rumored, Is now on
the Pacific bound for this country. and
after establishing the main office OF his
propaganda here he Will tour the world.
organizing branches In the various capi-
tails of Europe. made up OF the educated
and influential Cinnamon of the world.
The Providence news. (Providence [R.I.]) 1891-1906, 1903-03-16
HEARD ON DEMURRER.
Case Of Domenlco Buccl Against Thomas W.
Waterman Before Appellate Division.

The case of Domenico Bucci by his
next friend against Thomas w. Water
man came up for hearing today In the ap-
pellate division OF the supreme court on
certifcation that the demurrer to tho de-
claration Is substantial. coming from the
common pleas division.
The case is an action OF trespass TO re-
cover damages for injuries receiving by
the plaintiff, a 6-year-old child. by falling
from a low gear belonging to the de-
fendant.
The plaintiffs declaration states that
the driver ordered the child TO get or the
gear and scared him 80 he fell under the
wheels and was injured.
The defendants demurrer asserts that
the plaintiff has not shown any duty
from the owner OF the team TO the boy
that has been violated and that IL does
not appear that the defendant has been
guilty OF negligence.
The defendant also states that the court
contains no specification OF acts consti-
tuting negligence sufficient to entitle the
plaintiff to recover from the defendant
c. NJ. Van Slyck and Charles @. Num-
ford are counsel for the defendants and
Doran and Flanagan for the plaintiff.