davidaulloa/AmericanStories huggingface dataset:
Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1903-04-16
Roads File Annual Report.

Tie reports of the Chicago, Rock Island
&; Pacific and of the Chicago & Northwest
ern were today added TO the list of rail
road reports which have now been filed
with the secretary of the state executive
council The report Of the Rock Island
shows that during the year 1902 the gross
earnings of the system were $3S ,s76, 946 81,
or S6,079.37 per mile; and the net earnings
13,431, s32.s4, OF S2,41o.4l per mile. The
Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1903-04-16
The Rock Island Advance.

similar scale has been conceded by
the Rock Island, only the latter includes
in its scope not only station agents and
section hands, but takes in freight hand
lers, truckmen and clerks employed about
the freight houses. The operators and sec
tion men of both the roads named had
previously organized unions throughout the
state. and given the arrangements to un-
derstand they would not consent to re-
main in their service unless wages and
salaries We're equalzed more than at pres
ent on the basis of the cost of living.
BY the terms of the new scale operators
will be required to work nine, ten and
twelve hours, according to the Importance
of the station. They will be paid for over
time
Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1903-04-16
GET RAISE IN WAGES.
Milwaukee and Rock Island Employees
to Draw More Money.

The operators, station agents and
section men on the Milwaukee and
Rock Island and the freight handlers,
clerks and truckmen in the freight
house of the latter road in this city
will receive an increase in wages ac-
cording to new wage scale which has
just been received by the local officials
of the two roads. While it is not
known definitely, it is thought that the
raise will be an advance of twelve per
cent and will be effective the first of
next month. From the advance no.
tees received the officials are unable
to determine just who will be benefit
ed by the new wage scale, but from
inside information it is practically as
sured that the men working in the po-
sitions mentioned above will be the
gamers when the new wage scale goes
into effect.
Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1903-04-16
Basis of Commentator.

Under the provisions of the basis of
compensation, it is stated, the Milwaukee
section men will be given a general daily
wage of S1.50 for ten hours. with pay for
overtime. Station agents and operators
will not be required as they have in the
past to scrub the floors of their respective
station building, nor to clean the windows.
as has been the custom. In the past 1t has
been a portion of the daily work of agents
TO clean. light and place switch lights on
the stands in the evening and to remove
and care for them in the morning
Under the new arrangement agents will
be required to take care of two switch
lamps and the signal light without extra
compensation. but where there are three
such lights the agents will receive S4 per
month for caring for them, with fifty cents
per month for each additional light. The
increase will equal an average advance of
81 to SO on existing salaries, and will give
the section men $40 instead of $50 and
$3.50 per month.
The Montgomery advertiser., 1903-07-04
New York pank statement.
Decrease,
The Finansier,s statsment

NEW YORK JNiy 3.-The Financier says: he oHielAI sts fement of the New York banks last hweek surprisingly unfa- Voraoie' TOT, Though a loss of cash was ex- pecteo the Decrease was much larger than was antlclpated. The other notable feature of the taIlsu ho reflect the net amount resulting from tne io'ss of cash and the increase in loans. The t1. esment showed decrease of $4. 5o2. 900 in ca ca sn, of which $4,467. 300 consisted of specie
 me required reserve augmented S43. 275 through an increase of Sl63, 100 in deposits. Adding the increase reserve requirements to the S4 502, 800 loss of cash makes S4 546, I75 as the decrease in surplus reserve which item now stands at 9,S77.6 Calculated on the of public funds the surplus reserve is Sl7,- 6eS,4 The loans were increased S3 6o7 800 the result of loaning early in the week of funds deposited in anticipation of the payment of dividends. The loss of S4. SOP 900 cash and the increase of S3 977, 300 in loans called for g reduction Of SSo5, 500 in deposits whereas as above noted these were increased SI73. 100. therefore the statement was technically out of proof. The circulation decreased Sl79 500. The loans of the banks were in excess of de- postts by Sl,55l 300 in the previous week this excess was Sio.o27 100. The daily aver age of clearings last week was S274. 900 900, against Sl 6S, ooo 600 in the week ending June 27; the increase was due to the operations in- cident to the semi-annual settlements The condition of the banks as regards cash re- serves was doubtless better at the end uf the week than was shown by the statement for the disbursements by the sub-treasury for inter ests were heavy on Friday. Comparisons of changes in the item of loans showed a net in- crease by six banks of Si,7o0. 900. one in- stitution increasing this item by S4. 500, GOO.
 The changes in specie show net loss of
The Montgomery advertiser., 1903-07-04
Nav Orleans Spot Cotton.

NEW ORLEANS, July 3.-The spt cotton market was extremely dull but prices remain firm Sales 50 bales. Quotations unchanged
 In the future market 1t was bureau day from beginning to end. After the opening prices nuctuated freely. When the Government report was read and the condition was put at IT. against "A. last month and 047 last year the bears commenced to hammer prices, The long side regarded the decline with some compiacency as they believed that the report was really bullsh and would be generally knowledged to be so in a few days. It argued that the report was predicated on more favorable reports that have been com ing from Texas lately. Any Improvements in condition that may have been made have been entirely lost in the damage done by the heavy rains and the cioudburst in Texas dis tricts since Tuesday last. Al the opening Juiy was n points down and August 10. while the other positions were at about yes
The Montgomery advertiser., 1903-07-04
H. & B. Beers Cotton Letter.
Especial to The Advertiser.I

NEW ORLEANS. July 3.-Liverpool adviees were dscouraging on the positions and our market in sympathy opened e@lo points lower on the old crop months and l point down the new Subsequently realizing caused an ad ditional decline of 6d7 About this time the bureau report was issued and interpreted as being bearish. Heavy selling to realize later in the session was instrumental in establish ing further decline of io923 the near positions and loGi on the late making the net loss g points on July. 29 on August 27 on September and I6 on the other months. The bureau report made the general average condi- tion 77.l per cent. as compared to S4.T per general average condition was 74l per cent. and as this months Is 77l 1t shows an in- crease of 3 points. Last year in June the gem eral average condition was 95 per cent. and of Io.4 points. Or In other words. while the general average condition is still 7.6 points under last year. 1t has really shown rela- tive improvement of l3.4 this year during the month over last year, having reduced the 2 points which 1t was under last year during June to only 76 points this month. In addi- ton to the above data much stress Is laid on the fact that all the large cotton producing States have increased in condition over last month as follows: Alabama, 3 points; Missis- s.ppi. 8 points Louisiana, points, and Texas g points while Georgia Is unchanged showing no deterioration Attention is also called to the large increase in acreage as made by the bureau. indicating an increase of over 6is per cent. from the revised acreage of last year issued by that authority last December. On the other hand. many contend that irrespective of these facts that the general average of " 1 for condition is much less than the ten years average of 95.4 per cent. and therefore, fu- ture weather conditions must be ideal to insure a good yield. which Is essential to meet the consumptive requirements of the world next season. Summing up the situation, there is a feeling of uneasiness owing to the large Egyptian selling of near months in Liverpool and to the bureau not being as bad as ex- pected. Under existing circumstances, we ad-
 wise caution and would only buy Winter months on sharp Impressions.
The Montgomery advertiser., 1903-07-04
A. B. Baxter 6 Co.'s Cotton Letter.
 TT1v Trivata yaasad Wire


 NEW YORK. July 3.-The market opened l2 c 8 points lower for the old crop and points higher for the new crop on small sales pending the bureau report. Early cables were of no special Importance. Weather news was gen. erally good. Light rains fell at many points and general showers were forecasted and the temperatures as a rule were high. Private crop accounts were as a rule showing some improvement. but reports as rule were far from being brilliant. It will require such a long stretch of good weather to insure good crop that selling for short account cannot be successfully encouraged at this time. The boil weevil question in Texas scares bears more than anything else and the fact that Texas lost half a million bales last season on this account Is in itself an obstacle to short opera tors The damage by the weevil will be known within sixty days Selling of the old crop led to a sharp break during the morning. The bureau report showed the general condition to be TT against "A, last month and S4.7 last wear Prices moved down on the figures. but not rapidly the disposition being to study them at leisure. There was nothing to war rant free selling with such poor showing for July.
The Montgomery advertiser., 1903-07-04
World s Visible Supply

NEW ORLEANS July 3.-Secretary Hes ter's statement of the worlds visible supply of cotton. made up from special cable and tele- graphic advices, compares the figures of this week with last week, last year and the year before. It shows decrease for the week just closed of 6l ,453 bales. against a decrease of o.5ee last year and decrease of l3i,622 the year before last.
 The total visible Is ..2I3.s7e. against g. 2e5.432 last week. 2.373e6i last year and 2.7os.477 year before last. Of this the total of American cotton is ll24.97o. against |. = le2. 432 last week. l.532 66l last year and t.663,477 year before last. and of all other kinds. including Egypt. Brazil, India, etc, l,ose. .ooo against | ,io3, GOO last week. s4I,- 900 last year and t,o45. 900 year before last.
 The total worlds visible supply of cotton as above shows decrease compared with last week of Sl,A53 bales decrease compared with last year of 5e.6 .692 and decrease com pared with year before last of 494. 4o6.
 Of the worlds visible supply of cotton as above there is afioat and held in Great Britain and Continental Europe l.243. GOO, against I.4o7. 900 last year and l.269, 900 year before last in Egypt 3I 900. against "A, 900 last year and l7e.ooo year before last. and in India. 66o 900. against 465. 900 last year and COY 900 year before last and in the United States 2so. ooo against 427, GOO last year. and 7o3.o year before last
The Montgomery advertiser., 1903-07-04
Virgin & Faunce's Cotton Letter.

NEW YORK, July 3.-Despite A decline in first prices of | 1 points for some options, the opening was regarded steady. The later positions showed some strength. while the near options subsequntly affected by liquida- tion The cables were easier, and private ca bles were to the effect that the English mar ket had been weakened by the pressure of short notices. The weather map showd fa- vorable conditions in the belt, and the New Orleans quotations reflected ease. The decline in the local market was rather slow. though at times there a display of great weakness. On the lower levels however. there some support The Government crop report was less bulish than had been looked for, giving a con dition of 77.l against "A. last month and e47 last year The movement of cotton was moderate while the weekly statistics generally about met expectations and for this reason they attracted only ordinary attention. The late market was slow, and the quotations sim nly drifted being dependent entirely upon the proportion of the demand to the amount of cot ton offered for sale.
The Montgomery advertiser., 1903-07-04
Liverpool Cotton Futures.
Daily Cotton Market.

NEW ORLEANS-Quiet and steady; sales 50; ordinary. 10 e-i6; good ordinary. IIM low middling. l2%: midding 3%: good mid ding. l4h mddling fair, IA 1916: receipts ,OO0; stock, 05,
 GALVESTON-Firm: middling, J2%; re- cepts, 50: stock. 2. o56.
 MoBILE-Nominal; middling, I2h; stock I,- 5s2.
 sAvANNAH-Firm; middling. I2h: stock 9.ie2
 CHARLESTON-Nominal middling, I2h stock. 65.
 WILMINGTON-Nominal middling, 1924; stock. 35I
 NoRFoLK-steady; middling. Is; receipts. 40; stock 372.
 BALTIMoRE-Nomlnal; middling. IsM; re- ceipts, 234; stock, 672.
 BoSToN-Quiet; middlins, B: gross re- ceipts, 200.
 PHILADELPHIA-Holida stock. e73.
 ST. LOUIS-Quiet: middling, I3h; sales. 5; receipts e3; stock 3,5o5
 NEW YORK-Quiet; middling, l2.75; gross receipts 2,oI9: sales .544; stock, l64. .96l i; exports to the continent. SIS; to Japan 27.
 Total today-Net receipts. I.25S; exports to Great Britain. $500; to the continent, 973; to Japan, 27; stock, 233. 29o.
 Consolidated-Net receipts. ls7ll; exports to Great Britain. Io.622; to France. 6,e66; to the continent. ll.e7t to Japan, 27.
 Total since Sept. Met receipts. 7.663, 64S i; exports to Great Britain, 2.757,677;to France, 763,224; to the continent, 2.799. 923; to Ja- pan. 35, l33.
The Montgomery advertiser., 1903-07-04
c. E. Pierce & Co.'s Cotton Letter.

tlt3y Fr1VAte LcaSe0 WIre.l
 NEW ORLEANS, July 3.-Liverpool at the opening this morning showed considerable steadiness in the distant positions, the early deliveries for the coming season evidently be- ing most in demand, while the Summer months were less buoyant which cables received at tributed to Egypt transferring from near po- sitions into Winter months Spot sales were again very light with quotations unchanged The opening of the local market recorded easier prices the options. while the late months were at unchanged figures to [ .G2 points better than yesterdays closing figures. During the early trading hours change for the worse suddenly developed in the English market and at the final closing there deliveries showed a net loss the day of 7Gi4 on near options. while the late practically unchanged. The easiness abroad was reflected on this side and prices here re- sponded to the extent of 69I7 points How ever, If the Southern spot markets do not weaken fall to what benefit can be de- rived from driving down contracts. Crop news continues to be of mixed and conflicting kind. but general lines about of the anything unfavorable to the crop and has been assistance of the long interest. The bureau report published later in the morning, making condition 77.i as against s4.7 last year, un- doubtedly shows some improvement over last months "A. It must be remembered. how ever the document promises a very moderate crop with critical periods still ahead and that the recent heavy rains in Texas and Arkansas are not embodied in today's report.
The Montgomery advertiser., 1903-07-04
A Weak Spot

Is there such a place in your investments2
 Do you feel comfortable when you think of the future not only your own but your farnily's future1
 Would you be interested to know upon what terms you can buy a 5 Per Cent. ao-Year Gold Bond on the instalment plan-~the bonds to become your property if you live, your fanily's if you diea Ifso, address for terms, stating the amount of bonds you would
 Ike to begin purchasing,
The Montgomery advertiser., 1903-07-04

tertay's closing figures. During the day July sold down to iS50 and up to I372. August i3.45 to i37o September ii.o2 to i.o2, October ioK to 32. December 9.75 to g. .s3 and January 9.76 to e.8S. From the highest point the market gradually sold off the list at the close showing net losses of ls points on July, August 3e. September 22 and the more distant months l6dI 8 points.
The Montgomery advertiser., 1903-07-04

Tempernsures continue comparatively high and favorable. except somewhat lower in Ok iahoma; rains in all districts. except Charles ton being light in eastern and middle districts and heavy to quite excessive in Middle Eastern Texas
 EXCESSIVE RAINS-Cuero Tex, 2 56; Dal- las Tex, 3.44; Greenville. Tex, 32: Sher- i man. Tex. $40: Waco Tex, s72
 FRANK P. ChAFFEE.
 Dirertnr Vea her t3ureau
The Montgomery advertiser., 1903-07-04
New York Dry Goods.

NEW YORK July 3.-The dry goods market is a condition which is more than natural for day preceding a holiday. Buyers have practically suspended operations and Tirst hands have not been endeavOrlng to force bus Iness. There Is little indication of an imprve- ment in raw material situation and the cur tailment proposition Is likely to increase the scarcity of general lines.
The Montgomery advertiser., 1903-07-04

NEW ORLEANS. July 3.-Sugar-Dull; open kettle, 2%G3 7-I6; open kettle centrifugal 3hG3h: centrifugal whites. 4 l-l6; yelows 3Ssd3 I5-l6; seconds 2AG3%.
 Molasses-Open kettle, nominal. 3@26; cen trifugal. 6Ql8. Syrup. nominal, Iea24
The Montgomery advertiser., 1903-07-04
MARINE NEWS.

FERNANDINA-sailed, steamer westwater tKr.3. Stephenson, Hamburg; bark Antoinette sfswea.). Henricksen. Bristol,
 NEW XORK-Sailed Cymric. Liverpool. MOVILLE-Sailed Ethiopia, New York
 EOUTHAMPToN-Sailed. Fuerst Bismarck New York. tiENOA--Arrived. Koenig Albert, New York JACKSONYILLE-Cleare schooners Hiber- nsa CBr). McDade. Cayenne. F. G.; Ida NJ shaffner fBr.). Mailman. St. Thomas. D. W I. KEY WEST-Arrived. steamers Martinique. tug Massasoit Tortugas; schooners Kenwood, Allen Baltimore; Royallst Cerra. Havana; Lily White, Russell Punta Rassa.
 PORT TAMPA-ArTived steamer Mascotte, EaRnna; schooners Wm. H. Clifford Wyiie Nog f0iki James W. Elwell. Hopkins, Norfolk NEW ORLEANS-Cleared steamers George W Kelley, Arendt. Bluehelds; Fl Monte, Max kan, New York; Wanderer (3-.) Hunter. Liv- aFn0oI Romsdal (Nor.). Hirsch Belize; Ar kadia. F'ozs. Porto Rico; Asia s(Ger.), Hoop mann Mobile; Sicania Qt), Marsardo Genoa; f5i49nDta fBr.). Gait Port Llmon.
 Ap0TsT EADS-Arrived, steamers Olympia Nr1, Gait Port Linon; Barrister CBr.). Con Liverpool; Chalmette, Birney, New York . Holland tGer.), Uhle Bremen.
 s6ORILE-Arrived. steamers Harald (Nor) mlvorsen, Bocas del Toro; Spero (Nor) Lonn, serto Lirnon; schooner Maggie Ella (Br) arnns Georgetown. Cleared. steamers Ulv ntof9 Petersen Havana: Espana (Nor.) ezorl. Danielsen. Puerto Cortez; Spero CNor). .nun Puerto Cortez; Harald (Nor.), Halvor- rsn, Port Limon; Boxgrove (BrJ, Maltty, Am RavelIo. Montevideo.
 Treasury Statement.
The Montgomery advertiser., 1903-07-04
MARKETS FOR FUTURES
DECLINES ON NEAR PoSl TONS
 AT THE OPENING.
sharp Break is the Immediate Effect of the Appearance of the Month ly Report by the Gov
 ernment.

NEW YORK. July s.-The cotton market opened steady at a decline of n points to an adVance or points. The declines were on the near positions with August showing the greatest weakness on the lower cables accom- panied ny reports that short notices were pressing on the market in Liverpool This brought out considerable selling by tailers and very shortly a decline of 20 points was appa- rent on August, with the late months showing comparative steadiness in spite of the fine weather as result of uncertain overcrop re- ports and the Government report Just before midday the market was rallied slightly from the lowest by covering and when the Govern ment report arrived. September was selling at tl.s2 and October at [ o. 36, while August had recovered to I2. 5e.
 When the Governments condition figures were announced placing the average for the en- tire belt at 77.i. against "A the preceding month, there was great excitement and con- siderable activity The figures were just about an average of popular opinion and consequently two factions were disappointed with the re- suit that early buyers expectations of a condition around 75 iquidated while those who had sold in expectation of report plac- ing the condition. around 30 per cent. cov- cred. The immediate result on prices however, was @ sharp break. which affected chiefly the September and octber options. These sold down from l3 to points in the first few the later positions relatively steady. Follow ing this there was a rally under fresh bull support and talk of rains in Texas. but after a partial recovery, the market turned very weak under rumors that the bulls unload ing and the market closed barely steady. net i6@2s points lower. Sales were $50. 900 bales as estimated,
The Montgomery advertiser., 1903-07-04

WILMINGTON, July 3.-Turpentine-Firm at 46ls: receipts I93 casks.
 Rosin-Nothing doing; receipts 322.
 Crude turpentine-Firm at Sl 75@3. 50; re- ceipts. l45.
 Tar-Firm at s! e5; receipts, 37. SAVANNAH. July 3.-rurpentine-Firm af 471l; receipts. S4I; sales, SSo; exports. g. o4s.
The Montgomery advertiser., 1903-07-04
Naval Stores,

S2. 700. ooo and one bank made the surpris ing gain of 5000 900.
The Montgomery advertiser., 1903-07-04

Indicates rise. Indicates saiL
 The Coosa and Alabama will continue to fall .tlpwly. or remain stationary. during the next Hvo days. L
The Montgomery advertiser., 1903-07-04

A Mans best capital is his ability and will lingness to work.
The Montgomery advertiser., 1903-07-04
Comparative Cotton Statement.

NEW YORK. July 3.-The following Is the comparative cotton statement for the week ending July 3:
The Montgomery advertiser., 1903-07-04
Kansas Citv Live Stock.

KANSAS CITY, July 3-Cattle-Receipts. 800 natives. 400 Texans; calves, 100 natives, 40 Texans: market steady. nd haoF
The Montgomery advertiser., 1903-07-04
Weather Conditions.

7eneraIiy fair weather has prevailed in ex- 5eme eastern and northeastern districts; under &ae combined influence of areas of compara- =rely high barometer over the Southeast and Be extreme Northwest and marked depressions
 Fer Northwestern Texas and Minnesota, un- |bttled, showery. conditions have prevailed Fer most of the South and northward over the *reat Plains and through the Great Central
 ai1eys to the upper Lake Region and Middle 9e6t, the rainfall being heavy In Minnesota Ed heavy to quite excessive in Middle Eastern Hexas: temperatures continue high in the East 'nd South and at San Francisco and are some Shat lower in the Middle West and Upper Michigan.
 Cotton Region Bulletin. MONTGOMERY, Ala, July 3. For shs a hours ending at a. n.. Teth
The Montgomery advertiser., 1903-07-04
Total sales for the day, 1e6. foo shares.
Bank Clearings.

Bank Clearings.
 NEW YORK July 3.-The following table. compiled by Brat greet. shows the bank clear irGs at the cit.es named for .he week ended July 8. with the percentage of increase and decrease as crmpared with the corresponding
 -Psr cent =
The Montgomery advertiser., 1903-07-04
New York Cotton Futures.

NEW YORK, July 3.-The ruling prices the Cotton Exchange today were as follows:
The Montgomery advertiser., 1903-07-04

Treasury Statement. HARRINGTON. July 3-Treasury balances. nyse, zo7, o3I; gold. SIo2. 5e6. 53o.
The Montgomery advertiser., 1903-07-04

Rosin-Firm: receipts. 2.o74 sales. 2.IsS; exports. 1870; A, B. c. Sl.6o; D. SI.ee; E, M S2 90; N, S3; window glass S2. 10; water white, s3.5o63.35. t.
The Montgomery advertiser., 1903-07-04
Total Net Receipts of Cotton.

NEW YORK; July 3.-The following are the total net receipts of cotton at all ports since
The Montgomery advertiser., 1903-07-04

CHARLESTON. July s.-Turpentine-steady at 46% sales. lc6,
 Rosin-steady; sales goo barrels; A. B. C. sI,55; D. slso; F. Ssi E izo; q s2 80; N, S2.so; window glass 3S; water white, S3. 20 tst
The Montgomery advertiser., 1903-07-04
The Cotton Movement.

NEW YORK. July 3.-The following sta tistics the movement of cotton for the week ending July 3, were compiled by the New York Cotton Exchange:
The Montgomery advertiser., 1903-07-04
New Orleans Cotton Futures.

NEW ORLEANS, July 3.-cotton futures
The Montgomery advertiser., 1903-07-04

Local Weekly Cotton statement.
The Montgomery advertiser., 1903-07-04

New York Stock List.