davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1903-08-01
H. & R. Beers Cotton Letter.


 NEW ORLEANS. July 3I.-Liverpool ad- vices were not encouraging, consequently. our market opened 30 points lower on July. 20 on August and declined l@2 on the late months. Fresh hNyfh& oF continued rains in Texas caused an advance of shortly after on the new crop months. Realizing subsequently oc- casioned a break of 7G9 points from the top, but later in the session shorts covering on the fear that the monthly bureau report to be issued Monday would not be as favorable as weather conditions warranted caused an ad- vance of 8 points on August and 4q5 on the other options. The issuance Of bearish Wis ible supply statement near the close again superinduced a recession of 4q5, making the net loss points on August. on September 5 on October and about on the other months The visible supply of all kinds during the week decreased 1000, against A, 900 last year. of which the American decreased 72, ooo against e5 900 last year. The total visible supply of all kinds is now |. I6s, ooo against I.765. 900 last year and l l,35o.ooo in 1900. The visible supply of American aggregates s29. 900, against ,o9 900 last year and s2e.- 900 in 1900. The spinners' takings of Ameri- can cotton during the week were S2. 900, against l42, 900 last year or 6o,oo0 less The visible supply of all kinds is now only 77,ooo less than last year and exceeds that of 1900 by 33S,oOo. The supply of American is practically the same in 1900 and the total stock of American ashore and ahoat to Liver pool is 3I7ooo. against 262 900 in 1900 by 65 900 more. In the face of the weakening statistical position, prices this year on August are 3e5 and September 233 points over the values ruling ch these P'Si.tollo lI 'eOO iO. the corresponding period Compared to last wear August this year Is 49S points and Sep tember BOA over values existing then. From the above 1t Is claimed by many that facts do not justify the present high level of prices Nevertheless sentiment continues very optim- istic and as long as r does we suggest pur- chasing only the late months on decided de cilnes, with a view Of realizing on spurts The so-called historic July deal went out at "a oo bId offered at 50 the opening call. with no subsequenut transactions. show ing that all shorts had provided themselves with the actual cotton.
The Montgomery advertiser., 1903-08-01
Chicago Grain and Provisions.

CHICAGO. July 3l.-weakness was nlani- rested in both the grain and provisions pits today' September wheat closing t lower. Scp- tenber corn and oats each of lS cent and September provisions were from IS to 35c lower
 Trading in wheat was only moderate and the market oo the wh )le was inclined to weak ness. with prices quite cratic The early morning news was of a rather doubtful char aeter and opening prices were about steady, being saade to h9k higher at 79hQ79M, There was considerable selling pressure at the start. due partly to the fact that receipts at St. Lo''s were for the first time hts year larger than year ago and partly to the fact that the majority of traders were on the long side with many willing to take profits After ruling weak for a time the market firmed up on renewed reports of damage in the North west, but further liquidation soon carried prices of again. The session marked by these advances with subsequent declines until the last half hour when heavy realizing car ried prices to the bottom notch. September selling down to 79h. The closing was at 79i5 @7S$s. a net loss cf < for the day. Clear ances equalled 52e. 700 bushels Primary re- oeipts were 575.6oo bushels against i.o75.- 565 year ago. Exports of wheat and flour for the week. according to Bradstreets was 8, 92. roo bushels Receipts. GA cars, 26 con- tract; Minneapolis and Duluth reported I23. a tota; for the three points of l67, against I76 lat week and 5l ' a year ago.
 More rains in the corn belt caused weak rGss in that gram and although there fair srprcrt at times from 'ocal traders and com
 
 tc any great extent 10 this demand Tho break in wheat also had a depressing muucnce. Taken as a whole Che market not a very big affair. The close was weak vith Sep tember of 4 at SPA selling between 52M and 52%@52% Receipts, I6l cars, Is con tract
 Oats for July delivery failed to produce any excitement in the pit. the squeeze which had been in progress some time having apparently been abandoned and the price of that com modity dropped lh cents during the day, clo rulad n sympathy with the decline in other grains and September closed lsc lower at 33% after rang ing between 33h and 33B. Receipts, 2S3 cars.
 Provisions ruled weak in sympathy with a decline of 56Io cents in the price of hogs and on selling by outsiders early followed by sell ing by small packers and brokers. The close was weak September pork was down 30 cents at SI33o; September lard off 35 cents at S7. S2k and ribs IS cents lower at S7.e71h. The leading tutures ranged as foiIows
The Montgomery advertiser., 1903-08-01
Virgin & Faunce's Cotton Letter.


 NEW YORK. July 3l.-There was a steady opening to the market for cotton futures to- day. with first prices unchanged to an ad- vance of points Subsequently there was a display of further strength. but when the market reached a level iII5 points higher than last night there was considerable selling Tor both sides of the account apparently and the list turned weak. the frmness being lost completely. There was a declining tendency in the English market. while the New Onleans list was rather disappointing to the local bulls August cotton displayed considerable weak ness and declined sensationally for time un- der direct pressure said to be coming out un- der the direction of the bull syndicate in the South The drain attracted all the more at tention for the reason that it was pressed in the face of numerous private wires from the South to the effect that there had been ex- cessive rainfall and that the crop in many To- calities had been damaged. The movement of cotton continued small. The weekly move ment was light at about 400 bales. against over l9. 900 bales for the corresponding. week last year. The weekly statistics generally were quite bulish. but the late market was rather slow. with the professional element inclined to wait until after delivery day for the August option. The close irregular with senti- ment rather conflicting
The Montgomery advertiser., 1903-08-01
Local Weekly Cotton Statement.
c. E Pierce 6 Co.'S Cotton Letter.

fsy Private Wire From c. W. Ice & Col
 NEW YORK. July 3I.-The weeks cotton market has been In all essential particulars a repetition of the previous week Previous to the weather report on Tuesday and in antici- patton of the favorable document prices de- clined But for some reason other the show Ing was not such as to quiet the short inter est and prices advanced sharply. December again got over 9.so and the list ruled firm during the greater part of the week Some attribute the hrmnees in crops to the corner. The press of the country is at pres ent engaged in a rather wholesale arraign- ment Of the bull pool pointing out the general shutting down of mills throughout the world as the natural result of the operations by the clique, operations that all sides should be deprecated. We think we have explained our position on all such efforts to manipulate a future market that prove In restraint of trade Disastrous results always follow artificial movements of this kind and the interests of all concerned are best served by natural and not artificial factors To this extent, there- that the corner any corner Is bad thing for the market. But fairness demands that a more just view of the matter should be taken for this reason. The pool is said to own 2oo,- 900 bales of spot cotton The consumption of American cotton this season is generally placed at about 900, 900 bales. There are about 800 working days in the year and a little di- vision shows that the daily consumption is therefore 36.600 bales of American cotton. That Is to say. the pool actually controls less than six days supply. Is 1t fair to the pool
 
 down of mills? Nearly a million spindles in Fall River are now idle and almost the same number in Lancashire. The number will be nearly twice this amount. If the six days supply was distributed among these mills at 5 cents per pound, spinners would be helped to the extent of the six days supply and that only. The closing down of mills Is due to the shortage in cotton and not to the corner of six days supply. An understanding of this fact leads to very different attitude on the position of the Fall months. Unless there Is over production. which does not TOW seem prob able. oh cents is likely to prove very mod crate price. The Journal of Commerce states that there has been an improvement of about 2 points during the month, which brings the condition about 21s points from last years con- dItlon at this time. This will mean an i'm provement on the Government report on Mon day and average trader looks for a condition between 7e and S. The crop Is doing won- derfully well considering unfavorable start and as compared with last year the promise is for a much larger yield. Those familiar with figures say that the crop during the current season will pan out 800. 900 bales. Much larger crop than this will be needed to prevent a repetition of this seasons sensational mar kets.
The Montgomery advertiser., 1903-08-01
A. B. Baxter 6 Co.'s Cotton Letter.

NEW YORK. July ai.-Cotton opened Iai5 points higher. Cables made fair showing The early features wss the report on general average condition by 1he Journal of Commerce. indicating but i7 improvement over last month. This is considered what we may ex- pect from Washington next week and the gen. eral opinion is that figures from that source are scarcely likely to prove any greater than last August. which were S2 per cent. Mean While, Texas is having too much rain and boil weevil damage Is expected before a great While. The month has failed to influence sen timent against the bull side of the market without great improvement in August condi- tion' the market cannot fail to do much bet ter. Rain reports came in during the morning. especially from Texas. where the crop was being damaged. Trading was on very small scale and the market in something of a rut most of the day. The issue of August mo- tices was of no importance whatever Cables were quiet at unchanged to 5 loss. Rain was forecasted for New Orleans and showers for the other States
The Montgomery advertiser., 1903-08-01
aHITFHHEE7Moo TIE 7MMooNrSoM1EER2l 2lTAI1nDNVE TADNVERRHFlEsER. RRHFlEs

eryone Is specuiatiny the nature of the Government report on condition of the crop to De issued Monday. At the opening there was some hammering by the bears who were dis- posed to sell short on expected bearish visible ngures. Weather conditions were also at first regarded as favorable. but reports of heavy rains and consequent damages to the crop had a ouilish effect that helped to send prices up again after the first decline. The weather mar showed beneficial rains eastr of the Missis- sppi River. In Southern and Central Texas heavy downpours were considered damaging and more than offset the benefits of the rain In other portions. In the trading today July and August were neglected. September opened 2 points down at lo02 sold down to i076, then up to loS5 October opened l point lower. sold down to e77. then up to e.95. De- cember opened 1 point lower at 9.62, sold down to e.5S. then up to 9.65. Later in the day prices eased of few points. The list at the close showed net losses August of 2 points. September 2. October and id3 on the other months
The Montgomery advertiser., 1903-08-01
c. E. Pierce 6 Co.'s Cotton Letter.
 rl.I.

NEW ORLEANS, July 3l.-English cables were neither good nor very bad; trans Atlantic operators are without doubt eagerly watching developments this side. imbued with the de- sire congenital to secure cheap supplies and in many instances have Over-reached themselves as evidenced by smaller sales on declining markets in the hope of a stiil further reces- sion. Spot quotations were lowered English points with sales of $500. About unchanged quotations ruled at the opening here and a quiet and steady tone maintained through out the day. Beneficial rains in the East against continued rains in Texas were the main features in evidence. The New York Journal of Commerce July improvement of l.6 attracted some attention and would indicate that the Government bureau report on Aug. will pos sibly not exceed an average condition of 30 There was a manifest disposition to sell short in anticipation of a bearish Chronicle report. but continued rains in Texas are causing appre- hension also damage from boil weevils must be recKoned with. On the whole the short side seems dangerous to us and we prefer to buy cotton on the breaks.
The Montgomery advertiser., 1903-08-01

Bjonness. Port Limon; tug Russell Port Ar thur Sailed, steamers Spero tNor0 Lunn Port Limon; BelverEon lNorj, Olsen Bocas del Toro.
 LIvERPoOL-sailed. Cedric. New York.
 NANTUCKET LIGHTSHIP-Steamer Lu- cania. from Liverpool. for New York, off here at 4:30 p. m.
 SAVANNAH-Arrived steamer City of Birmingham Dryer. New York Sailed, steam CTS Lockwood. Butcher. Sapello; bark Avlo (Rus0. Davidson Hull.
 CHARLESTON-Saied steamer John Wilson (Nor.). Hansen Santa Marta, South America
 JACKSONViLLE-Cleared schooner Jennie Righter CroEsley Perth Amboy.
 KEY WESr-Arrived. steamers Roanoke,
The Montgomery advertiser., 1903-08-01
slTuRRDXY MI6dfhN1Ne.
MARKETS FOR FUTURES
RULING IRREGULAR THROUGH
 OUT THE ENTIRE SESSION.
July and August Erratic, Notices to Amount of goo or 5000 Bales Being Sent Out on
 Lattr Months.

NEW YORK. July 3i.-The cotton market opened steady at unchanged prices to an ad- vance of points and ruled irregular during the entire session At first there was consid- erable frmness with August selling up to l2S6 on the call covering while the late months were sustained by the continued heavy rains which were reported more or less gen orally over the belt Shortly after the call however, the entire list turned weak with Au- gust and in sympathy with outside markets Liverpool. which at the time of the local open ing was about in line with the expectations turned easier later. and New Orleans also showed weakness. This and the apparent lack or clique support of the near months gave the entire list declining tendency, which carried prices to level about 4G25 points below the final prices of last night with August selling at ll.e5. Being the last day in the month there was no trading in July after midday and during the morning one sale of that po- sition was reported at 2.4o, a decline of 100 points from the closing figures Of the previous night Just before midday further telegrams were received telling of more rains and damage from the cotton belt and prices again worked upward with brokers said to be representing
 the clique bidders for July around 2 cents. The recovery carried prices back to nearly the pest or the morning the late positions, but was followed by another break led by August which declined to | .85 and during the bal
 ance of the session the entire market ruled
 very irregular August was two three times
 bid up to 2 cents. closing at 97 net de-
 cline of 23 points, while the new crop options
 were at practically the low point of the
 sion and showed net decline of from to
 points with the exception of March. which
 was ! point higher It the first notice
 day for August and notices out to the
 amount of some 2,0oo or 5000 bales The
 notices were issued by various houses and it
 was reported that some at least were put out
 by brokers supposed to represent the clique.
 However this may be, they were not promptly
 stopped and operated against the price of Au-
 gust in the open market. The price of cotton
 -spot-was marked down 70 points to spond more nearly with the quotations for
 which fE not a hrrt
 reduction was not considered specially signifi cant for the time being.
The Montgomery advertiser., 1903-08-01

Hansen. Tampa. and sailed for Havana: Mas cote, Turner, Port Tampa and sailed for Ha- vana schooner Good VIII. Sweeting. Nassau; tug Osceola, Pensacola. Sailed, tug Massasoit, TortuEas.
 NEW YORK-Arrived Carpathia Liverpool. Sailed. Cymric Liver pool.
 LIZARD-Passed Lagascosne, for Havre.
 MOVILLE-Saied. Astoria, New York.
 EILLEs-Arrived; CaIabria, New York GENOA-Airived Hohenzolern. New York.
 NAPI- -ES-Arrived, Liguria, New York.
 MOBILE-ArTived, steamers Ursula tBr.). Bright, Cuade F'unchal; schooner Josephine (Am.l. Newberry Phadelphia Mount Yer non tNor), Falsen. Bocas del Toro. Cleared bark John R. Stanh0pe (Am.). Marcial. Col0N.
The Montgomery advertiser., 1903-08-01
MARINE NEWS-

PENSACOLA-Arrived. steamers YesIeyside (br-l, Ellington, St. Vincent. Cleared, steam CTS Mortalle tBr). Nicole. Durban; barkentine Baldwin tBr). Dating, Seckondl
 ALNESTON-A-rived. steamer Fl Rio rafker' New York; Frankfurt (Ger) Albrecht, btemen via Baltimore Amazone tBr ], nughes' Para. Cleared, steamer Koein Ger ]. Kirthner. Bremen. 70
 NEW ORIEANS-Clea-ed steamers Darba- dian CBr). Griffith Liverpool; Wayfarer frSr , wood Liverpool; William Clin (Br), Chad wick Liverpool: Fl Norte Gardner, New York; 6Sr,ss .1sA tSer.) Doyen, Bremen.
 tNor')' Aarsvold, Bluehelds; Venus (Nor.J,
The Montgomery advertiser., 1903-08-01

rtuQh No8 trace. and middle districts; rains in all districts. be- ing heavy in portions of Alabama. Georgia. Mississippi, Arkansas and Tennessee and slightly excessive at Columbus, Ga, and Lul- ing. Tex.
 HEAVY RAINs-Brinkley. Ark. I5s; New nan. Ga. .66; Meridian. Miss, i.54; Bee vile. Tex, l.74; Corsicana. Tex, 80: Pales- tine, Tex. 66; San Marcos. Tex. l.7o; Her nando. Miss, 200; Milan. Tenn. .24. z EXCESSIVE RAINS-Columbus, Ga, 2.54; Luling, Tex. 2.52.
 FRANK P. CHAFFEE.
 Section Director. Weather Bureau
The Montgomery advertiser., 1903-08-01
N.w Orleans Suo.r

NEW ORLEANS, July 3I.-Susar-DulI open kettle. 2As43 7-I6; open kettle centrifu gal, 3lsG3i9, centrifugal whites. 4% yellows 3Hsq4: seconds, 2n33s
 Molasses-Cenu frugal. dull 5qIs
The Montgomery advertiser., 1903-08-01
New orleans Spot Cotton.

NEW ORLEANS, July 3i.-spot cotton tracts. 2.ooo. Quotations unchanged. Although this the last day for trading
 in July contracts the market was quiet Ev-
The Montgomery advertiser., 1903-08-01
Weather Conditions.

Rains have occurred over most of the South zn northeastern and central districts, and northwestward through Nebraska, South Da- kota and Montana. under the combined influ- ence of depressons over New England and Northern Mexico and an area of high barom- eter spreading southeastward over the Lake Region: the rainfall has been heavy in Middle Alabama and portions of Georgia. Mississippi, Tennessee, Texas and Arkansas and slightly ex- cessive at Columbus Ga. and Luiing. Tex. {; fair weather prevails in the Lake Region and the West; temperatures are somewhat lower in tho Ohio Valley, Pennsylvania. New York, and the extreme Northwest. generally slightly lower in the South and along the east slope of the Rockies, and nearly stationary else- where.
The Montgomery advertiser., 1903-08-01
Bank Clearinps.

NEW YORK, July 3I.-The following table compiled by Bra rect. show, the bank clear lrEs at the cit.ts named for 'he week ended July 3l. with the percentage of increase and decrease as compared with the CO., responding week last year.
The Montgomery advertiser., 1903-08-01

SAVANNAH July 3I.-Turpentine-stead at 50 cents; receipts, 799; sales. 6s6; ex- ports 225.
 Rosin-Firm; receipts. 2,25e; sales. eo4, ex- ports, 76e4.
The Montgomery advertiser., 1903-08-01

CHARLESTON July Sl.-Turpentine-stead at 4Si2 sales, 50 casks.
 Rosin-Steady.
The Montgomery advertiser., 1903-08-01
Treasury Balance.

Treasury Balance. WASHINGTON, July 3I.-Today's treasury balances. exclusive of the gold reserve show: Available cash balance. S227, $40, POS; gold. SIoo. POI OPS.
The Montgomery advertiser., 1903-08-01
Naval Stoves.

NEW ORLEANS. July 3I.-Rosin-Receipts 2lo barrels; exports to Liverpool. 500
 Turpentine-32; exports to Liverpool 100
The Montgomery advertiser., 1903-08-01

Cash quotations as follows: Flour-Steady
 No Spring wheat so@sI; No. 3, 7e@so; No. 2 red 77AG7eh.
 No corn, 5iNQ53; No. 2 yellow, s2ls No 2 oats, 33la; No. white. 35Q37; No 3 white. 33d35.
 Mess pork per bbI. sls.a7Is9Iaso. Lard per 100 lbs. S7 6oG7 62ls Snort rib sides Ooose), S7. .5Oa7.75. Dry salted shoulders tboxed). S7. 5oQ7. 621s Short clear sides (boxed), S8 25d6 STA Whiskey basis of high wines. Slao.
The Montgomery advertiser., 1903-08-01
The Cotton Movement.

NEW YORK July 3I.-The following sta tiEtics on the movement of cotton for the week ending July 3l were compiled by the New York Cotton Exchange:
 Weekly movement This year. Last year.
The Montgomery advertiser., 1903-08-01

The Coosa will rise slowly and -he Alabama will remain stationary. or rise slightly during tho next two days.
The Montgomery advertiser., 1903-08-01
Total Net Receipts off Cotton.

NEW YORK. July 3l.-The following are the otsl net receipts of cotton at all ports since
The Montgomery advertiser., 1903-08-01
Cotton Region Bulletin.

MONTGOMERY, Ala, July sI. For ths e4 hours ending at 8 e. m.. 7sth meridian time
The Montgomery advertiser., 1903-08-01

WILMINGTON, July 3I,-Turpentne-Noth. ing doing; receipts, 3.
 Rosin-Nothng doing; receipts 237 Crude turpentine-Firm at Sl,75, S3.I5 and SS, 25; receipts, ISL
 Tar-Firm at 5 65; receipts, 4.
The Montgomery advertiser., 1903-08-01
New York Coffee and Sugar

NEW YORK, July l.-Cofee-Spot Rio, quer; mild easy,
 Suga--Raw. strong; centrifugal o6 test l-l6; Iefned. strong
 Coffee futures opened quiet and unchanged but turned more active in the afternoon and advanced partial 5 points under demand from certain room operators in the absence of aggressive selling and the smaller interior re- ceipts. Closed steady, net unchanged to 5 p1ints bIgher Sales o7 OO0 baps
The Montgomery advertiser., 1903-08-01

Indicates rise. Indicates eali.
The Montgomery advertiser., 1903-08-01

ss~ss g. willso4. AdanAssr. Montgonsr1.
The Montgomery advertiser., 1903-08-01
New Orleans Cotton Futures.

NEW ORLEANS, July sl.-cotton futures
The Montgomery advertiser., 1903-08-01

Maximum temperature for day. 87 degrees. Minimum temperature for day. 6e degrees. Average temperature for day, 79 degrees. Normal temperature for day, 6l degrees. Average relative humidity for day. s6 per cent
 Rainfall since Jan. |. 36.87 inches.
 River Bulletin.
The Montgomery advertiser., 1903-08-01
Comparative Cotton Statement,

NEW YORK. July 3l.-The following is tre
 cotton statement for the week
Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1903-05-16

Robert Harrington. when the two men
rode up to the ranch and made Mr..
Slaughter's horse break loose MIR.
Slaughter then asked them something
about the round up. The men then
asked Slaughter who he was working
for. and when told that he was work.
ing for Harrington the men cursed
Slaughter and Harrington, and wanted
to know OF Slaughter II he had not
been warned not to work for Herring
ton. Slaughter said that he had not !;
that he had lavge family; had lately
come to the country, and had to work
wherever he could get job. and more.
over he would work for whoever he
pleased to work for At this the men
became infuriated, ana one of them
drew his six shooter while the other
man beat and bruised MIR. Slaughter
very severely with a club.
Mr.. Slaughter came to town and had
a warrant issued for the men. He does
not know the names of the men. but
gave a description of them so that they
may he apprehended by the sheriff.
This kind of business Is much to be
regretted by all good citizens who are
interested In the welfare of the coun.
~, and the stock business
After the above was set up, Sheriff
Foster returned, stating that as the
names of the men could not be learned
and no accurate description given by
which to identify them he was una lie
to make any arrest.