davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-04-08
After Mays New Record Price
of 1910.
CLOSE BARELY STEADY
Stocks Develop Weakness Because Of Failure on
Part Of Publ: TO Take Advantage Of
The So-called Favorable
Situation.
CBy the Associated Press.)

New York, April l-ihe ury Boous
market has been unevcntful and unaffect-
ed by any reports of export business at
lower figure than the generally quoted
prices. With raw cotton figures main
tanned at a high level there seems to be
little opportunity for the manufacturer
TO weaken.
NEW YORK COTTON.
New Yrok, April THE cotton mar
ket opened firm at an advance of l tot
points and Immediately following the call
displayed quite little activity with May
selling up to 1910 and July to 999, being
a new high record for the season. The
initial strength was due to continued
buying in the old crop positions, paruc-
ularly by May and July shorts, but the
shorts were about the only buyers, and
while Liverpool made fair response to
the New York advance of Monday port
receipts were heavy and the market after
a brief interval of irregularity turned
decidedly weak under liquidation. Dur
ing the balance of the session prices dis
played an almost uninterrupted down
ward tendency though toward the close
there was an Improvement from the low
est of points in May and about points
in the list generally as a result of fur
Their covering with the market finally
barely steady at a net decline of points
to an advance of one point. Total sales
futures estimated 100000 bales.
factor in the declining tendency was
the talk of shipments to be made to this
point for delivery on May contracts and
it was claimed that the high level attain
ed by values in the local market permit
of the better grades being shipped here
from Liverpool. 1t was said that about
10000 bales were being held in the South
for shipment to New York for delivery
should the bull clique call for actual de-
livery I'd May holding and this natural
ly encouraged room shorts to maintain
their position, while it also brought about
renewed sales by commission houses, who
took profits for the long account and the
bull pool was also credited with selling
May
NV YORK. Aptil 6.-rIotton spot closed
dull middline hollands 40 IS; mid1ling gulf
10 sales uReS.
Et1tn FRY
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-04-08

D. S.Ref. 2's reg.,1o6
S. 8. Ref. 2's cou 900
U. S,3'sreg 40 u
g coup ........10S1a
U. 8. new 4's reg 1851
"a coup .......136
q. s. old as reg.11l
% coup ......1i1
q. S. So reg....1o3h
"a COUP, ..,.103h
Atch'sn, Gen. as. 99N
a." adj as. .".. s9H
Bait. Il y. As. - 9 q
do 3 1-2's. 93A
do COW. 4's"1COh
Can. So. ends. 1850
G. of q. 5's.r....1o7
" 1st incomes. ~
d" I'd incomes. 3th
@. g. o. 4H's.... 104
G. & A 3 I-2's... "a
c.. B. q O, As. 90
CM&StP gen 4s1i0H
G. g. N. con 7's..131B
c., r. l. q p. 4s.1oSh
CCC&SLgen4's. 99K
Chicago Ter as. s2h
Colo. So. 4's..... 80
D &. Rio @. As. 98h
e. prior lien As. 60
Erie Gen az. S4T
wv. &.D.C.ists .IO9N
Hock. ". 41-2 sp106M
l.. 6 N. uni. as ,,1olB
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-04-08

S. A. L. STOCKS AND BONDS.
BALTIMORE Apr 6.-SeabC ard Air Line
common "a; PREFER I'd 39A.
Bonds as. 81 y.
Atlantic Coast Line. common. 12s; pre-
ferred 49,.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-04-08
orHER COTTON MARKETS
NEW YORK MONEY.

NEW YORK. Apr. Cd y. m-CInss NANCY
on "all tirm at 4a1S per cent; cIosip a 2lTS
Tine money nom; 90 days sass, nar cont.
90 days S0Ss; six months sGSX: per cent
Prime mercantile paper Sh0s ner cant
sterling exchange weak with actun / Inn since
in hank~rs lils at 4S6.G0 for deman = al - a q
ss.sS for 90 day bills. Posted ra.es 49, a4S-SS
~; Commercial bills 4s2AD4sS ~ Bar silver
l9,s: Mexican dollars 3ss Iiovernmsnt
bonds firmer; Rauroad Ioud' irregu ar.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-04-08
BONDS.

Man, goldcon. I0OS
Mex. Cen. 4's.... n
do 1st Inc. 25N
MINI. & St.L as 90
ii K. & T. 4s -. 99A
=" 2ad's...... 60
N. (, G, lists.
do gen 3 I-2',IGIM
N J. q. gen. 5's..I4DA
No, Pac 4's.....,i02A
+" 3's.......... TN
N. q. W.con, A's. 97M
Reading gen, as 96h
st l. q | Mton s's111
st. l. SIS Fgen4s 96K
St,L. S'wes 1s.. 95K
do 2's........ 7o
S.A.&A.Pass as 81
So. Pac. Ps...... s9%
So. Railway 5's..115
T. 81 z. 1sts......115h
T. St.L&W. As. rs
Union Pac. as. .1C2
do cow. 4's.fo1B
Wabash lists ..115T
/" ends ........104h
do. Deb. B. &c, Tx
West Shore As..1O9h
w Il l., K. as. 9UA
Wis. Cen. as. -. 90
Mobile n .. as. S1~
Con. Tob.. Ns... oth
Col. Il, don SIS :. 92h
K. l., As =. 85K
Penn cow. SIS. 9718
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
VACATION BRIEFS.

Pstrolman Toner Is away on his annual
furlough.
Henry c. Pohle visited friends In
Boston this week.
Councilman f. J.. San Souel las gone
to Canada for short stay.
Walter McGsr,y. cle,k at b. A. Smiths
Is camping out at Shawomst Beach.
Mr. and Mrs. Clinton Wslch are at the
Hohler Hotel. Conimicut for the summer.
Jason 4. Place, OF Atlantis. ILL.,, IL the
guest of Mr.. and Mrs. W. ID. Harris oi
the snaex.
Thomas II. Carr formerly al T.. Il.
Luther's Is spending his vacation al
Baltimore.
Miss Sarah w. Spencer has returned
from a vacation spent at Kennebunh
Beach, Me,
william Mcintyre. tho Huntington
Ave. druggist ia spending few days al
Nsrrnganseu Pier.
John II. Williams, clerk at the Union
Trust Co., and family arc spending two
weeks vacation at Hillsborough Bridge
N. IL.
Principal w. S Stsers OF the Roosevelt
St. Grammar School and Mrs. Steere are
at Prudence leland tor stay Of several
weeks.
The Rev. Fr James +. Bsnnahsn. who
has charge ofs parish at WheeIersburg,
Ohio. 10 visiting his parents on Cutler
street.
Misses Mary McMsugh and Lizzie
Keohler, clerks at L. r. Allan & Co. q
store, arc spending the week at Block
Island.
Hugo Marks, Dennis r. Cannon and
w. w. White. carriers at the OlneyyilIe
Post Office are away on their annual va.
cations.
M. and Mrs. w. s. Colwell Of Indian
Orchard, Mass. are the guests Of Mr..
and Mrs VIM. r. King at their summer
home at shswomet Beach.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
ThORNTON.

George MARSHALL Jr, is III with appendi-
eids.
Thomas Feeley has removed to Prov.
denee.
a new light has been placed at Gallows
Bridge.
Miss Linnie Fairbanks h III with
malaria.
Samuel stills has purchased a very
speedy horse.
Job printing OF every description at the
TiMEs office,
Ephraim Bedford has recovered from
his late Illness.
A child OF Mr.. and Mrs, Rice Blskey
died this week.
Jonas Gin expects to sail for England
In very short time.
A local Italian Society have a picnic
and dance on Saturday.
A son was born to Mr.. and Mira. Need.
uhhh Il oiA'S 'h ihteh"1s
The Thorntons beat tho Riversldes on
Saturday a score oi z toa.
The Thorntons play the Howard Hills
on Sunday at Brighton Park.
B. Murphy has gone to New York stste
where he has secured position.
Joseph Simonds has entered the EN-.
ploy OF A. o. Smith the druggist
Best prices paid for live poultry by j..
II. Jeffrey. Box 20, LymansvIlle, X, |.
William Phillips, clerk a. the Fitch
Co.'S Mill 10 summerlng at wallum Pond.
Mr.. and Mrs. Alfred Revell have re.
turned from vacation spent In Canada.
The Joseph Shackleton estate was sold
on Saturday to Mr.. Simonds of Hughes.
dale,
James Clegg, an overseer a, the Pocas'
set Mills, Is confined TO his home by Ill.
ness.
MI Slcinberg, of franklin Falls, NJ.
II. has taken position at the Hosiery
Co.'S MIL.
Rev. G.. W. Roblcy has accepted the
pSstorate OF the Bellevue Ave. Church In
Providence.
Mr. and Mrs. Archie pike OF At,leboro
have been the guests Of Mr.. and Mrs.
Fred Bennett.
Edward Weslco,t expects 10 star, neIt
week for New Hampshire where he will
spend hit vacation.
Mrs. Melissa Colwell Of Indian
Orchard, Mass, I, visiting Mr.. and Mrs.
John Walch at Morgan Mills.
James Miner formerly employed at the
Victoria Milis, has taken n position with
the Lorraine Mills at Pawtueke,
Miss 4. q. Johnson has returned to
Thornton and resumed her former busi
ness Of dressmsking at Dalton's Block.
Lightning played havoc with the
Thornton car. Tuesday morning and the
line was out OF business for several hour,
a valuable ST. Bernard dog belonging
TO Charles Stringiellow wa. run over b,
a team last week and 40 badly Injured
that It was shot by Town Sergeant
| Kimball.
Ex,rac, Of Malt r5c. two for 75ei Cam.
phorins Bale, SC. per ID. Packing Cam.
phor. t5c. per can Cedar Lavender, I5c.
per pkg; Matted MIX, 3Sc. and 75c. !
Writing paper, 10, IS, 40 and as per box !
Peruna 75c Pintham Compound nc. nj
a. .. Smiths drug store, Calefs Block.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
XeIth's now Theatre

TheairegOeu are certain 20 find great
enjoyment ln next weeks offering by ths
Albes stock Company at Keith's. This
will be the uprohrous farce, "My Friend
From India by n. A. Du Souchet,
author Of THE Man From Mexico" In
which the Albee Company appeared with
such great succe" few weeks ago.
Thi. iunny play 10 one Of the merrie,i,
nost enjoyable iafcss known 10 the
American stage. II was originally pro.
ducsd In New York IN 1870, running an
entire season 10 packed houses. and was
admittedly the big hit ~ that theatrical
season. The play sbounds In funny alt
ua'Ions and dialogue, and II IL best de.
seribed a. one prolonged and hearty
laugh. I, tells Of the efforts of Kansas
caille.hch fsmil, TO ge, into New Yorks
social swim. Charlie Undefhol,. the son
of the family, gets into the swim too
soon. and one evening while on a lark
brings home an unknown man. one
Augustus Keene Shaver. as his guest
The neE, morning. Charlie explains
Ksene Shsvefs presence In the house.
hold BY introducing him 10 bis fsthsr and
sisters a. the Rev. Jane Tve.dis, the
celebrated philosopher from India, hsv.
ing seen this nam. Ia the let OF arrivals
in the daily paper Mr. Underholt plan,
10 make the Rev. Mr.. Tweedl.. a. he
thinks Saver IL, . social lion, and then
follow q series Of eonyulslng eomplIes.
'ions from which shaver and Charlie en-.
dsavor IN vain TO eEiricste Themselves.
Augusta Dsiy's powerful drama, The
Last Word" is ,naounesd Tor the week
% August 3rd at that theatre.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Fred ID. Grove. a we'll known and
popular clerk employed by Thompson
Bros, was united In marriage on Mon.
day evening to Miss Hattie Holmes OF
Lynn, Mass. The wedding took place a,
their newly furnished home at an Allhea
street, and the ceremony was performed
by Rev. J. n. Hobbs OF Mt. Pleasant
Only the immediate families of the con.
tracing parties were present Mr.. and
Mrs. Grove have gone to New Foundland
on their wedding trip.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
ApoIIo'. Fn,or,te Instrument.

Apollo was the old god OF music. and
his favorte instrument the Tyre, was
invented 10y Mercury When the latter
was four hours old he found the shell
of n tortoise and mnde il into n Tyre
with nine strings IN honor of the nine
muses.. This instrument Mercury gave
10 Apollo who became wonderful
player upon II. The Tyre was used by
the Greeks I'm oldou tlmcs and from IL
was fashioned the harp.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

The kidneys are your
blood purifiers, they III
ter out the waste or
impurities in the blood.
II they are SICK or sui
Of order, they fail 10 do
their work.
Pains. schesandrheu-
maiism come from eI-
cess q uric acid In The
blood, due 10 neglected
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Eight years ago, the X. |. Agricultural
College had eight horses and four head
OF cattle and were compelled to purchase
hay. Now eleven horses and twenty six
head Of cattle are fed yearly from hay
raised on the college farm, and usually
from ten to twenty tons are sold besides.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

George Austin. who is considered the
premier fisherman among the Olneyville
car men, went down the Bsy, Tuesday
afternoon with a party OF friends from
the city. II 10 sufficient to say that there
are fewer ,quetesgue In Narrsgsnsett
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

James Crswshaw, the Plainfeld St
Arist, has recently renewed the lease OF
the ground on which his greenhouses
stand, and he 10 making some changes
and alterations which will add much to
the sire and convenience OF his establish.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

A satisfactory meal ct . reasonable
price can be had a, S1sdsn's restaurant,
ls olnsyvi Square, basement Tsberns-
Gle building. Largest sa,Ing house In
Olnsyville.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
Poor smile.

II never saw any one 80 tlmid az
Hcnpcck ls," remarked Wlgger. why,
he's Ike mouse IN his own house"
"Nonscnsc" exclaimed Wager Ills
wife isn't the least biz afraid of him"
Stray Stories
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Strength and vigor come Of good
food, duly dIgests5. Force a resdy.to
serve wheat and barley food adds no
burden, but sv,tsIns. nourishes. In.
yigoratss"
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

John O'Connell has removed his hat
cap, gents furnishing and trunk store
and laundry 10 is4S Westmlnster street.
building above the pos,ofiee.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
Metrimoninin n,.pcpsi,.

"Wcll how do you like married lIfcT
inquired the friend
mot NJ ALL" replied the man who
had married money and was suffering
for IL. I'm case of matrimonial dys.
pcpsia."
Matrimonial dyspcpslnp
"Ncs she never agrees with me;
she's too rlch"-ph Philadelphia Ledger.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Baby Carriage Tires put on; the best
rubber money can buy, Si.75 and sa.oo
at Hughes & Atkins 33 Plsinfeld ST.
Olneyyille. X. /.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

60 10 DIR. Hughes, 2oo Westminster
ST. and have your feet treated. The price
is reasonable and the work is first clsn.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

a temperance meeting was held on the
Square on Sunday afternoon under the
auspices of Anna Gordan branch OF w.
c I. L.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Amos Siunderson, son Of Mr.. and Mrs
Richard Saundepon OF Pocas,et Ave
who has been quite ~. 4, somewhat
better.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Ex.AldermAn a. Herbert Arnold OF the
Eighth Ward who has been In poor health
for some months /, able to be about
again.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

william II. Savage, the conductor who
vas Killed Sunday on the Crescent Psrb
I'M. ss' formerly employed by william
sweeney. vho run > barber shop here.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

There is more 10 be learned from one
living woman than from whole
Smithsonian museum OF anthropology.
Life.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

The Thornton cars were incapseitated
from running several hours Tuesday
morning on account OF the severe shower
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Anew cottage house 10 being erected
on Dora ST. Adolph kurTs has the con.
tract
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

A game Of baseball between the Paw
tucket and Olneyville, at Merino Flats IL
billed for tomorrow afternoon.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Rev. g, W. Kinney will preach at the
Broadway Baptist Church, next Sunday,
July 40, at I1.Is and lisp. m.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Pythisn Day is August 9th. The va.
rlous Rhode Island Lodges will join TO,
gether In an excursion at Crescent Park
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

The r. r. Fire Co. will participate In
the fremen's muster at Crescent Park or
Thur'dsy. July 3olh. George r. A.
Besne will act a. one Of m. jndg.s
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
Oyer-Work Weakens
Your Kidneys.
Unhealthy Kidneys Make Impure Blood

All the blood In your body passes through
your kidneys once every three minutes.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Martin Winsor of West Johnston, rs
Gently entertained his brother. X. A
Winsor OF waltham, Mass.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

kidney trouble.
Kidney trouble causes quick or unsteady
heart beats. and makes one feel a. though
they had heart trouble. because the hear, IS
overcoming In pumping thick. kidney
poisoned blood through veins and arteries
u USed 70 be considered that only urinary
troubles were 10 be traced 10 80 kidneys,
but nov modern science proves nat rssrly
all constitutional oisezses have neir bezin-
ming In kidney trouble.
II you are SICK you can make no ri1'sks
b. first doctorng your kidneys Ths mild
sni The eytrsor5inay effect q Dr. KIinsr1
Swamp-Poot, the great kidney remedy Is
soon realized. u stands the highes' for fs
wonderful cures Oft most disusssing cases
and Is sold on rs merits f1k
ty all druggists In fifty eT-IYbl{h< <Ij0e
cent and one-dollar siz- q, II eiil IL
e.. You may have IL
sample bottle BY mail Horus ~ ss7.nprn>t
free. also psmphle, telling you how 70 find
out " you have kidney or bladder trouble.
Mention this paper when writing Or. kilmer
L. Co., Bingsamton, NJ. ~
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Mrs. Phoebe Pike is seriously III at tn,
home OF her daughter, Mrs. william r
King at Shawomet Beach.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24
G0!.eACT. .ll!s53;a
fs.,,m,..eNEWJ w.

II. c, Mott & Co. are selling straw hats
at cost,
The National candy kitchen has gone
out Of business.
Timothy Hurley Is erecting two tene-
ment house on Julian street.
A. son was born recently 10 Mr.. and
Mrs. b. l.. Briggs OF the annex.
Fred Brown OF Jewell ST. 10 confined to
HIS home by an attack of typhoid fever.
Joseph Delaney has resigned as
manager OF the Olneyville base ball club I.
Captain John Hutchinson hhs remov ed
from Plainfcld street to Brighton street.
II G.. Mott attended the funeral OF .
relative in Saybrook, Conn, on Tuesday.
A daughter was born this week 10 Mr.
and Mrs. William +. Gilmore OF Pocasset
Ave.
+. Is. BuIlingame Of Neutakontanut
] Hill. has sold his milk route TO Charles
! Ward.
Rev. ]. B. Marsh oflicisted at the
Broadway Baptist Church last Sunday
evening.
George Fsrnell and Frank Farnell Of the
annex have recently been resppointed
court stenographers.
Mrs. Phoebe Pike is seriously III at the
home OF her daughter, Mrs. William r.
King at Shawomet Beach.
Martin Winsor of West Johnston, re
Gently entertained his brother. X. A
Winsor OF waltham, Mass.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

George Fsrnell and Frank Farnell Of the
annex have recently been resppointed
court stenographers.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

II G. Mott attended the funeral Of .
relative in Saybrook, Conn, on Tuesday.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Rev. J. b. Marsh oncis,ed at the
Broadway Baptit Church last Sunday
evening.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Captain John Hutchinson has removed
from Plainfcld street to Brighton street
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

+. B. Burlingame Of Neutakontanut
Hill. has sold his milk route to Charles
Ward.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Joseph Delaney has resigned as
manager OF the Olneyville base ball club =,
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Fred Brown of Jewell ST. is confined to
HIS home by an attack of typhoid fever.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

A daughter was born this week 10 Mr.
and Mrs. William +. Gilmore of Pocasset
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

II. c. Mott & Co. are selling straw hats
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

Timothy Hurley Is erecting a two tene-
mcnt house on Julian street.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

The National candy kitchen has gone
out Of business.
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

and Is sold on rs merits
b. all druggists In fly
cent and one dollar siz-
e.. You may have q
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1903-07-24

A. son was born recently to Mr.. and
/ Mrs. B. l.. Briggs OF the annex.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-12-30
STOCKS AND BONDS.

New York, Dec. 29.-The rise In call
money rates to a seven per cent maxi
mum today marked the unmlstakable
effect of the preparation for the annual
settlements and made itself felt In the
stock speculation. An effort was made
to retrieve reaction in the late deal
ings by some very vigorous advances IN
the United States Steel stocks, and IN
Southern and Union Pacific. but the gen.
eral list did not respond effectually to
this treatment and prices fell back again,
making the closing weak and active: The
days net changes show some fair gains
in the active list and some striking gains
in the inactive speciality list, but the
highest prices of the day were not held
in any case. and the gains were wiped
out in conspicuous stocks. The furry in
the money market had more effect In sus-
pending the buying and the bidding up
process than in inducing any extensive
liquidation. The feverish and excited
condition of the cotton market reflected
also process of clearing up for the year
end settlements The fact that require
ment for January disbursements call GER
tainly for $3.50, 600, 900, and up to an estl-
mated maximum of $150,000,000 point to
the inevitableness of temporary pinch,
while this huge sum is changing hands.
The new bond offerings of the week are
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-12-30
Port. Tone. Mid. Recelpl.
Ware e. LeIand'S
Cotton Letter.

The inevitable happened today. Ii was
not unexpected this crash. 1t was over
due. But il came like thunder clap out
out of clear sky. We are ready to
congratulate those who too our advice
last week and got out of the market. We
have nothing to regret. The tension had
reached the breaking point. There was
but one thing for the market to do
break. might have gone on higher but
the craze has landed the market in a
condition where we are not outlaWed to
buy cotton.
We have said this so frequently lately
that we suppose readers OF the constant
reiteration aer tired, but no one knows
how dangerous this market it nor will it be
known until somebody is badly injured
and the news of the boundedbegins to
come in.
Cotton is valuable, but there is limit
to all things. We have no language at
our command strong enough to urge pro-
fit taking. Turn paper into cash and let
this market alone for time. We are
saying this because We think ii IS Tor
your benefit-not for ours. No one wants
business more than we do, but not under
conditions that may rrove very DISASTROUS
".