davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1903-12-18
Foreign Futures.
LIVERPOOL
Ne7c York Metal Market.

NEW YORK. Dec 17.-Tn experienced
sharp reaction in the London market to-day,
losing about SO with spot closing at s125 los
and futures at e126 los. Locally tin in
fluenced by the decline abroad and closed at a
nominal loss of about Is. with spot quoted at
SGT 80.
Copper declined 2s Cd in London to e57 2s
Cd for spot and ESQ los for futures Locally
copper was steady. Lake $40 372612 621R;
electrolytic, s12 25d12 so; casting S12 12A@
u 37k.
Lead declined Is Sd in London closing at el1
5s The local market however. un-
changed with small parcels quoted at 81 81 4
on spot while nfty-ton lots still held at "a %.
Shelter advanced 2s Cd in London to R21
los but remained unchanged here al S5 25 for
jobbing lots of store and at 81 75 to arrive.
Iron closed at ASS 9d in Glasgow and at Ais
71bd in Middlesboro. Locally iron was un-
changed No. ! foundry. Northern. $15G1e;
no foundry Northern, Sf4G15; No. 1 foun-
drv Southern and No / foundry. Southern,
soft S13 5O614
The San Francisco call., 1903-12-18

were still rather scarce and fancy lots. readily
&C mmanded the top quotation. Tangerines and
Japanese Mandarins were offering freeiv and
We're in good request. The latter were quoted
higher. The other Citrus fruits were In free
supply and unchanged. At least four cars of
Navel Oranges will be offered at to-days auc-
ton sale. Stocks Of ripe Bananas were heavy,
and the demand was brisk prices were well
maIrtained. A few lots of Grapes were re-
ceive6 and sold at 81 per crate. Strawberries
apd RaspbeTries dragged at previous prices
and the light supplies were more than suffi-
cIent for current needs
TRAWBERRIES-S3G3 80 per chest.
RASPBERRIES-50c per drawer
CRANBERRIES-Cap Cod S14915 per bbl
APPLES-Fancy Sptzenbergs 81 75G2 per
box; other varieties, $191 so for fancy, 75a9Oc
for choice and 25d50c for common Christmas
Apples, 81 50d2.
PEARS Winter Nellis. from cold storage.
81 50G2 Der box.
QUINCES-4066Oc per box.
PERSIMMONS-50c per box.
CITRUS FRUITS-NaveI Oranges 81 T56D
80 per box for fancy. 81 25G1 80 for choice
and S1d1 25 for standards; Seedlings. T5cQS1;
Tangerines 81 80 for half boxes and 81 Tor
quarter boxes; japanese Mandarins $1d1 so
per box: Lemons $1@2 per box; Grape Fruit.
81 50d2 so: Mexican Lines S4q4 so: Bananas,
$1M2 per bunch for Hawaiian and $2Q3 for
Central American; Pineapples, $2Q3 so per
dozen.
The San Francisco call., 1903-12-18
Butter, Cheese and Eggs.

Another decline in Butter is noted. Most
dealers are carrying larger stocks than for
long time and are exceedingly anxious to
sell There is a rush to get out of storage
goods which leads holders to cut quotations
right and left good deal of this storage
Butter is being sold at cost and even under.
and it is said that a large line will be carried
over The conditions in these storage goods
are very different from those last year at this
time when cubes were scarce that retailers
were buying from each other to keep in stock.
Briefly the whole Butter market is depressed
and in bad shape for sellers.
There Is nothing new in Cheese
Eggs are off again. with continually in
creasIhg supplies Posted buyers can easily
get concessions and the market is very weak
Receipts were %, GOO lbs Butter. 625 cases
Eggs and "a 500 lbs Cheese
BITTTER-Creamery 26c for extras and pa
24c for seconds: dairy 1S024c store Butter
17Ibc; cold storage. 21q23c per ID.
HEEsE-12G12hc for the general market
13e for select mild new and 11G111hc for
lower grades Young Americas. 1sG14c; East
ern 15I5Mf6I5c; Western. 14d15c per lb
EGGS-Ranch, 40G421ac for choice and $50
371bc for small and mixed colors; store, 35c /;
cold storage, 2sq3215c; Eastern. 2693Oc for
cold storage.
The San Francisco call., 1903-12-18
Hides, Wool. Tall07V and Hops.

HIDES AND sKINS-CuIIs and brands sell
about 115c under quotations. Heavy salted
112c for heavy and nc for light; Stays. Sc;
Sated Kip &c; Sailed Veal 1Oc: Salted Calf
Calf 1Sc: Sheepskins. shearlings, 25a3Oc each;
short Wool. 40GG0c each; medium TO99Oc;
long Wool S1d1 5O Horse Hides salt.
50 15 for large and $2d2 so for medium, 81 %
al 10 for small and SOC for Colts: Horse
Hides, dry. 81 75 for large and 81 so for
dium, $lG1 % for small and SOC for Colts.
Buck Skins-Dry Mexican. sic: dry salted
Mexican. 25e; dry Central American, 31c. Goat
Skins-Prime Angoras. 75c: large and smooth,
zoe; medium. 35c; small. 20c
TALLOW-NO. l rendered, Ave per ID;
No. 2. &c; grease 21hGI3c.
WOOI-Fall ciip-San Joaquin Lambs ga
lie; Middle County. 11612c: Northern Free.
1fG12c; Northern Defective. 1Oa11c: Humboldt
gon fine 1Sd19c: Oregon medium. 17c per ID.
HOPS-19d23e per lb for California.
The San Francisco call., 1903-12-18
Meat Market.

With ample supplies of everything and
light demand the market is unchanged
DRESSED MEATS
Wholesale rates from slaughterers to deal
ers are as follows:
BEEF-61hq71kc for Steers and $500 per
10 for Cows.
VEAL-Large. sGT9c; small. 9d1Oc per III.
MUTTON-Wethers. S6Shc; Ewes. 71k9Sc
per h.
LAMB-9k kd1Oc per ID.
PORK-Dressed Hogs. 76Sibc ner lb.
LIVESTOCK MARKET
The following quotations are for good sound
Livestock. delivered in San Francisco. less so
per cent shrinkaRe for Cattle:
CATTLE-Stesrs 9n9c: Cows and Heifers
76sc; thin Cows 4G5c per ID.
CALNES-id415c per lb gross weighD.
SHEEP-W Wethers 3% G4c: Ewes. 3A33Hc
per 10 (gross weight.
IAMBS-41565c per To-
HOGS-Live Hogs 140 TO $50 lbs SIC: over
$50 lbs sc: Sows. 20 per cent off: Bears 50
per cent off, and Stays 40 per cent off from
above quotations
The San Francisco call., 1903-12-18
SUMMARY OF THE MARKETS.

UaH street stocks tame and nnintercsting
.9ca: SOCKS and bonds also iacii7e and featryeless
Slight carnations in Siiger and Sterling Exchange.
Canned Salmon dali at precious quotations.
Coffee firm, 7cith diminished CROP estimates
Wheat qnief, Barley dl oats and Corn in fair demand
Hay and FecdsfufS sho7U further change
Lima Beans frmey o1ug deficiency rainfall d07lH south
Butter depressed and oaoer 7,Tfh spot SUPPLIES
Cheese market still 05erloaded and 7cedk.
Eggs c0utuRe to decline 7cith increasing stocks
Provisions quiet and unchanged c7cry7Uhcre.
Ike and dressed Meats before quoted.
Cyanbevies in light supply and commanding high prices
Potatoes and Onions not materially changed.
Poultry and Game in good demand and frmer
Continued acff5Tty in Oranges and APPes
The San Francisco call., 1903-12-18
Hay and FeedStnfS.

Offerings Of Bran and NIiddlings are light
and both are quoted steady. There is moth
ing new in Hay the feeling being rather weak
than otherwise though another cold snap
might harden the market again
BRAN-$19 5OG20 so per ton
MIDDLINGS-S 50d2S 90 per ton.
SHORTS-S19 50G20 30 per ton
FEEDSTUFFS-Rol Barley, S23d24 per
ton: Oil Cake Meal at the mill SzTG2S so:
jobbing S29630: Cocoanut Cake. S21422; Corn
Meal S2S 50d29 so: Cracked Corn. $29q30
Mixed Feed, S22G23; Horse Beans. $3044O per
ton.
HAY-Wheat s13 jOa16: Wheat and oat.
s13d15 co. Oat $12614; Wild Oat. S1l seq
Is so: Barley. S12d13 80; Stock nominal
STRAW-40a65c per bale.
The San Francisco call., 1903-12-18
Provisions.

The situation remains the same here and
elsewhere, with prices generally stationary.
CURED MEATS-Bacon. 1hc per lb for
heavy, 12e for light medium, 14c for light,
141sc for extra light, 1sc for sugar-cured and
2Oc :or extra ssugar-cured; Eastern sugar
13lac; Mess Beef. $11 so per Dbl; extra Mess,
$l2q12 90; Family S13; prime Mess Pork, SIT:
12c; Pig Pork SOS. pigs Feet IS 25: Smoked
Beef 15c per Ib.
LARD-Tierces quoted at 715c per ID for
10c.
COTTOLENE-One half barrel SIZE: three
half barrels sac; one tierce S4ac; two tierces,
Slsc: five tierces sac per lb.
The San Francisco call., 1903-12-18
Beans and Seeds.

Lima Beans are showing irmness again. Ow
ing to the deficiency in the rainfall down
south where talk of dry winter is beginning
to be heard Prices however are unchanged.
The other descriptions still quiet.
BEANS-Bayos 81 3Od2 40; Pea. IS; But
ters 50 25: small White 81 s5@3; large
White 50 40G2 80: Pink. 81 65d2 49, Red.
So 80: Lima. S3d3 10; Red Kidneys. $4q4 25;
Blackeye. $2q2 10 per ctl; Horse Beans, 81 80
az.
tard SO 65d2 So: Flax 81 S0dl 90; Canary
5d5l5c for Eastern: Alfalfa. 11614c: Rape
l Il d2c; Timothy 6G6kc; Hemp, 3A9315c
per ID: Millet. 3a31Ac: Broom Corn Seed. $50
Dried PEAs-Green. 81 soa2 per cti
The San Francisco call., 1903-12-18
LOCAL MARKETS.
ErcEiange and Bullion.
Wheat and Other Grains.

wHFAT-There was no change worthy Of
note either East or abroad. In this market
cash grain continued steady while futures
were somewhat higher.
CASH WHEAT.
California Club 81 40a1 4215; California
Club. 81 4Of51 41A Northern Bluestem. 81 so
al 51H Oregon Valley 81 40.
FUTURES.
Session to II 80 a m.
Omen High. Low Close
May ....... 81 3Sh 81 "a 81 33ss 81 81
December-$1 35% bid
p. m. Session.
May-s1 a.
BARI.FY-Tr!ces remained as before. with
a lifeless market.
CASH BARLEY
Feed 81 O115G1 12k; Shipping and Brewing
81 15ai 20; Chevaler. 81 20a1 45 for fair to
eh0''e FUTURES.
Session to 1870 a. m.
open. i High 6dE = L0w; L0owg:; Close;
December-$1 1O12 bid. 81 IL asked.
2 p m. Session
December 81 Gpfn II 81 E III 81 iT ~ 81 ItHiS ii
OATs-There is nothing new to report. The
demand and supply about balance
White. 81 2215@1 20 for California and
81 27lbG11 So for Northern: Black, 81 45G1 65 :
Red 81 pool 3215 for feed and 81 25@1 SO for
sCORN-Continues in fair demand for mill
ing account. with quotations steady but un-
western sacked. 81 25 for Yellow. 81 25 for
White and 81 2Oa1 2216 for Mixed California
large yellow. 81 2215q1 go, 30: small sn round do,
RYE-sI 25Q1 30 per ctl
BUCKWHEAT-S2 25q2 so per ctI
The San Francisco call., 1903-12-18
Ne7o York Grain and Produce.

NEW YORK. Dec. 17.-FLOUR-Receipts
3s 400 barrels; exports, "a. 600 barrels. Steady
and fairly active
WHEAT-Receipts, p, 300 bushels; exports
- 935 bushels. Spot, steady. No. red sOI5c
elevator and 81 &c Z. o. b. afoat; No / North
ern Duluth. 93Ac (. o. b. ahoat; No. l hard
Manitoba, nominal f. o. b. ahoat. Options
opened steady and advanced for a time on
bullish Argentine crop news and small North
west receipts After a setback following
heaviness in outside markets. prices recovered
on ex3ort rumors and closed partly &c net
higher. Closing: May, S5c; July. S5he; De-
ceInber, 90A
The San Francisco call., 1903-12-18
Eastern Livestock Market.
CHICAGO.

CHICAGO. Dec. 7.-CATTLE-Receipts
1o, COO western. slow, steady. Good to prime
steers 81 90G5 T5 poor TO medium. $3I4 so;
90. heifers 81 75d3 75; Gamers, 81 25Q
30: bulls. 81 1914 IS; calves. S2G5 IS.
HOGS-Receipts to-day, $4,000; tomorrow,
to choice heavy. 81 5o04 60; rough heavy
81 25d4 so; light, 81 20@4 90; bulk of sales,
81 45d4 So
SHEEP Receipts. $4,000 Sheep steady to
1Oc higher Lambs. steady, Good to choice
wethers 81 Joq4; fair to to en9lee h iKea y .Sg
SAG: Western lambs. $4a5 80.
The San Francisco call., 1903-12-18
Deciduous and Citrus Fruits.

There is boom in Cranberries at the mo-
uent Stocks are comparatively small the
demand is good and the berries are unusually
fine Prices are much higher. as will be seen.
II he movement in fresh fruits yesterday was
more active than at any time during the past
week. The demand was confined chiefly to
were still in excess of the demand prices
were no higher. Well colored Navel Oranges
The San Francisco call., 1903-12-18
Flour and MHlstufs.

FLOUR-CaHfornia Family Extras 81 600
4 So. usual terms; Bakers Extras; s. 50q4 SO;
for Family and So g094 40 for Bakers.
MILLsTUFFS-Priees in packages are as
follows Graham Flour, So 20 per 100 lbs;
Rye Flour So 25; Rye Meal. SO; Rice Flour
81: Corn Meal SO 20; extra cream do, 81; Oat
Groats 81 so; Hominy. $4@4 20: Buckwheat
rina. 81 80: Whole Wheat Flour. SO so; Rolled
Oats bbls, 81 25GS so: in sacks. Sc 759S 10;
Pearl Barley Sc: Split Peas. boxes 81; Green
Peas So so per 100 lbs.
The San Francisco call., 1903-12-18
Receipts of Produce.
FOR THURSDAY. DECEMBER II.
STOCK MARKET.

Inactivity still prevails on the local stock
exchanges and quotations show no changes wor-
thy of note.
The First National Bank OF San Francisco
has declared bonus or extra dividend of $5 per
share amounting to SIS 900. The regular divi-
dends OF this bank at the rate of 10 per
cent per annuIn. payable in January and July
In December. 1902. an extra dividend Of S6 per
The San Francisco call., 1903-12-18

Cash quotations We're follows:
Flour dull and prices easy; No. spring
wheat S2c; No. , 7I6SOc; No. red S11aG
s5Hc: No. 2 corn 42c; No. . yellow. 45c;
No , oats. 3Tc: No white, 36613sc: No .
rye 52c: good feeding barley. 35a361ac; fair
TO choice mailing 48953c No l fax seed.
93c No l Northwestern 81 Oh; prime timothy
seed 81 20: mess pork per barrel S11 375Q
II 50; lard per 100 pounds, SO 3T1hG6 40
short ribs sides doose) So 00a6 %; short
clear sides (boxed). SO 2566 By; whisky
basis of high wines 81 %; clover. contract
grade, S11.
The San Francisco call., 1903-12-18
Ne7g York Cotton Market.

NEW YORK. Dec 1.-THE cotton market
opened strong at an advance of 1927 points
on excited covering and bullish support, fol-
lowing a sensational advance in Liverpool The
market closed at nearly the top figure at
net gain Of 2d4 points.
The San Francisco call., 1903-12-18
ST. LoniS Wool Market.

ST. LOUIS. Dec. 17.--wool. dull. with tend
ency lower but unchanged; medium grades.
combing and clothing 17G21 &c; light fine. 10
M3Ic
The San Francisco call., 1903-12-18
WEATHER CONDITIONS AND GENERAL
FORECAST

The nrcss1re has risen slowly on the coast
north "a Point Conception. Cloudy weather
prevails lr the SOUTH but as yet there has
A email disturbance oTcrlies the valley OF
the Colorado ana viii probably pass rapidly
srutheaFtv-arl.
Tho rclnpeIature is beginning 20 tall rapidly
fr tre Serras ana heavy frCsts may Be expected
Friday morning generally ln The state II the
Skies remain clear.
Forecast made at san Francisco Tor thirty
hours ending uidnight. December lb-
Northern -a1ifdrnia-I'air Friday. becoming
cloudy an night and probably showers IN norm
e-u rrrrion- heavy frost Friday morning. Lsht
north winds changing 20 sOutherly-
southern California; Loudly Friday morning, +,
r-re-rr colder during the day; Light southwest
winds changing 90 n1rtherly-
Ne,-qda-Idzft snow Friday; clearing. coilei-
san Francisco and Ticiuiry--E'air FRIDAY De-
ro-7fnr cloudy by night and possibly showers
rfvi-t west winds. changing 10 southerty
A c. McADIE, District F0recaster-
The San Francisco call., 1903-12-18
Heather Retort.

g20th Me-idian-Pacihc TfmeD
san FRANCISCO, Dec Il. ?. m.
The following are the seasonal rainfaIls to
date as compared with those Of same date last
season and rainfall In last twenty-f0ur hours.
The San Francisco call., 1903-12-18
LONDON CLOSING sTOcKs

Bar silVer-steady 25Md per ounce
Money-3d3h per cent
The rate OF discount in the open market for
short bills is 3at d3H per cent and FOR three
months bills 3A per cent.
The San Francisco call., 1903-12-18

on the Produce Exchange to-day the Butter
market was easier. Creameries. 16G24c; Dai-
ries 14d21c. EGGS. firm; at mark cases in
cluded 27d29i5c Cheese. steady. 10G10l5c.
The San Francisco call., 1903-12-18
Northern Wheat Market.
OREGON.

PORTLAND, Dec. II. - WHEAT - Walla
Walla, 71QT2c; Bluestem. 77c; Valley 7Sc.
The ciearaDoes OF wheat from this port for
the week ending to-day 444, 40S bushels.
WASHINGTON.
TACOMA, Dec. 17.-wHEAT- Steady. Blue
stem, 79c; Club, 79c,
The San Francisco call., 1903-12-18
Northern Business.

SEATTLE, Dec. 17.-Clearings. 1854 1875:
balances. S129 16s
TACOMA, Dec. 17.-C1earings, $413, 131;
balances. S33.21S
PORTLAND. Dec. 17.-Clearings. seo4 1e4;
balances S5S 331
SPOKANE. Dec. 17.-clearings, 1896 200;
balances. SCI, ,S6S.
The San Francisco call., 1903-12-18
DISPERSAL SALE
OF
D. 81 Thoroughbred Race
AAH Horses, Brood Mares, Etc. A0N
From the
MERRIWA STOCK FARM.

r. z. Deb. LOPEZ. Proprietor.
This Is the closing out OF the grandest lot q
Australian and American thOrOughbreds ever
offered in this State. There are sons and
daughters Of st, Andrew, Mako, st. Marco.
Limewater. Uncle Jess Imp. Clieveden. Imp.
Merriwa. Splendor. Castor. First Water, Mag
net, Sam Lucas etc. There are some grand
yearltngs, two and three year Olds tracing to
Musket, Yattendon and Goldsbrough.
Lisp (haf sister to Articulate) win also bS
sold
AS this marks the closing up OF this farm
golden opportunity Is afforded hOrsemen 70
get the best representatives OF Australasia.
ever offered. Sale takes place
MONDAY EVENING. Dec 2f. 1908.
Commencing at 30 sharp. at
OCCIDENTAL HORSE EXCHANGE
246 THIRD ST. Near Folsom
Catalogues ready.
Horses at sales yard December 10.
WM G. LAYING. Auctioneer.
The San Francisco call., 1903-12-18

UNITED RAILROADS OF SAN FRANCISCO
NEW YORK. Dec. 17--Bond transactions OF
Inlted Railroads OF San Francisco: %. COO at
The San Francisco call., 1903-12-18

Venus is an evening star during July
and August and up to the f7th Of Sep
temhar.
The San Francisco call., 1903-12-18
Stock and Bond Exchange.
THURSDAY. Dec. 17-2 p. r

W. UNITED STATES BONDS.
pts Asl-l Bid. Ask
As or coup .1O95s = As or CD newlS2 y l@4 =
As or reg 100 10 IS or coup .IOo
The San Francisco call., 1903-12-18
ToNOPAH MINING EXCHANGE.

Following were the sales on the San Fran
cisco and Tonopah Mining Exchange yesterday
The San Francisco call., 1903-12-18
GALES
Morning Session.
Mining Stocks.

SAN FRANCISCO STOCK EXCHANGE.
Following were the sales on the San Fran
isco stock and Exchange board yesterday:
The San Francisco call., 1903-12-18

Following were the sales on the Pacific
tock Exchange yesterday:
aFo-,f~,r cassf1v,
The Birmingham age-herald., 1903-09-28
LOCAL MARKETS.

No change in the cotton quotations took place yesterday. The staple closed quiet and steady.
 Birmingham Railway, Light and Power company, common stock, is S5-SS; Ensley company, 250-400 Ensley Land company new, 60-S0; Ensley Land company, old, 3-4; Nashville Railway, common, 27-29; Nashville railway, preferred, G3-65; Repub- lie steel, common, S-10; Sloss- Sheffield preferred, 70-74.
 Bonds closed steady and unchanged. '
 Local staple groceries were steady at the close yesterday. No changes in prices were noted and the market was very quiet.
 Morris avenue did the usual Saturday business yesterday. No fluctuations took place, although the avenue presented a scene of much activity. Staples were on the move Fruits of all kinds were much in evidence. Apples, oranges pine apples, grapes and bananas were all plen- tiful. Prices for these lines are. steady, however, and the market Is devoid of special feature.
 A few cantaloupes were 10 be seen at one or two places The melons are selling for $2 per crate for the Missouri variety, and 60c a basket. Cantaloupes now on sale are not so large as the fruit that arrived earlier in the season, but are very good and find a fair sa7 Cranberries quoted at $2.50 per box. Cucumbers are $75c to s1 per crate Alabama toma- toes bring 60 to Toe per bushel and Vir- ginia grown cabbage is 1h41Ao per pound
 No developments are noted for poultry. live fowls have been much in evidence along Morris avenue during the past week. Prices have been steady, and eggs hold firm at 20 to 21c per dozen. Butter closed with all quotations firm.
The Birmingham age-herald., 1903-09-28
FOR RENT.

Store 1903 2nd avenue; fine location. Store 25XS0 feet 114 N. 18th street, y55 co. Stable 3rd avenue between 18th and ,9tn streets.
 Stores corner 4th avenue and 1sth street. lV\ pem house with acres beautiful g-ound, variety of fruit, at Waedlawn, $3a.a0
 FOR SALE $3Oao F cash. balance and vears. T. room h9use and corner los pxiee feet. l9th street near Ave. c. 9ooO-eo" eesh balance | and years. 6- room room house with lot 50x1S5 feet, north 18th street Hear 15th ave. S'g2-lU DOW acres at Greens springs only z12 inlies son'H of courthouse fine fer each o'i'' Sl9o feet fronting on Npd near 30 railroads Tn St. Louis fine for deoots. wareh9us $ and many other business purposes. can be sold cheap; there ougbt to he s11o- o00 profit here Y''V
 SMITH & STlLLMAnnn
The Birmingham age-herald., 1903-09-28
Baxter & Co.'s Stock Letter.

New York, September 26-In the first hour the stock market was irregular and heavy, but the movements were not gen. orally important and 1t was obvious that the pressure of liquidation had been tenn porarily suspended. The severest early losses were suffered by local traction stocks and Union Pacific, Steel and Bal timore and Ohio.
 A period of dullness followed, and a stout fractional rally occurred shortly be- fore the bank statement, but that was the signal for the renewal of selling. su- perfieially the statement was favorable but an analysis of the items indicated a large discrepancy between the actual fig ures and the theoretical proof. 1t is hard ly likely the bank statement had any practical influence on the days speeula- tion The continued weakness in steel preferred was dlscouraging to sentiment, and the weakness in the bonds contributed in like meastres. Very heavy selling of local fractions stocks was a feature oe the last. half hour Brooklyn Rapid Tran sit lost over 1 per cent, Metropolitan Street Railway 8 and Manhattan 9 The railway list finally yielded to these in- fiuences and there were declines of oyer l Ter cent in the active issues. Steel pre- ferrd on a late rally from the lowest closed at only fractional net loss. The market closed weak
The Birmingham age-herald., 1903-09-28
cothra, & Co.'s Cotton Letter.

By Gilbert & Clay.
 New Orleans, September 26.-The cotton market is inclined to be in a fickle mood and develops contrary symptoms with startling versatility. Prices have taken sliding excursion notwithstanding that all or nearly all of the regular features are constituted in such a way as to in- deate a dear market, for the raw mate- rial for many days ahead. Crop reports of late have left many minds exceeding ly doubtful about even moderate yield being made, but the possibility of sud- den outbreak of hostilities amongst Euro- pean powers, the condition of finances and the rush of early pickings to market in order to secure current quotations have evidently caused friends of the sta pie to resolve upon patient attitude un- til sounder idea might be formed of the complicated surroundings.
 These circumstances do not alter the fact, however, that spinners stocks both of raw cotton and manufactured goods are abnormally small and the supply of raw cotton is practically limited to this seasons production. The price is now down to q basis that begins to be at- tractive as witnessed by the southern mills takings and any further anxiety on the part of farmers to market their cot ton in the near future would to immedi- ate appearances present a favorable op- portunity for purchases of all kinds. While 1t is true that trade conditions are inclined to execute retrogade move- ment and it does not at present appear likely that the worlds requirements of American cotton for the season will ap- proach the maximum.
 There is no assurance that the yield will be adequate for moderate wants and without prospects for a substantial sur plus at the end of the year we do not lool< for any very cheaD cotton tbio season, and at this level the staple will be sensitive to developments suggestive of better prices.
 The attitude of the farmer Is the key to the situation and until the bulk of the crop is marketed we expect to see ire quent fluctuations ruled mainly by the weather and the receipts.
The Birmingham age-herald., 1903-09-28
Naval Stores.

Savannah, September 26.-Turpentine, nothing doing; receipts. 476; sales. noth- ing; exports, Ill. Resin firm; receipts, l16S; sales. 6s0; exports 69S6 Quote: A, R, C. $1 30; D, s2 05; E, $2. .15; F, $2 25; G, S2 s5: II, s2.65; l, s3.35; K, $S.70; NJ, $395; N, s S95; VIC, $i.10; wv, S4.25
 Charleston, September 26.-Turpentine nominal. Resin steady. Quote: A, B, c. Sl.SO; D, s1.95; E, s2.05; P, $2.15; G. g. .25; H, S260; I, S3.25; K, sS.6O; M, $3S5: N, 1925; VIC. $4; wv. $415.
 Wilmington. September 26.-Turpentine. nothing doing; receipts. 70 casks. Rosin steady, $1.sO and $1.s5; receipts, 144 Tar firm, $1.SO; receipts, 14 Crude turpentine, firm g, s. 80 and S3.s5; receipts. 99.