davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Legislation on Coal.

Washington, Jan. 7.-Chalrmau PAYNE
and Representative Dalzell Of the WAYS
and Means Committee. conferred with
Senator Aldrich today for a short time,
and 1t was understood the subject OF leg
islation on coal was discussed. Senator
Lodge and several Massachusetts mem
bers have introduced bills to suspend the
duty on coal for different periods ana
considerable pressure is being brought to
bear to have some such action taken. The
men in the conference refused to discuss
the subject
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Markets FOR FUTURES
ACTIVITY THROUGHOUT THE
ENTIRE SESSION.
Enormous Outside Demand Develops
at the opening-Later Profit
taking Caused Downward
Iendsncy-Bareiy STEADY
at the Close.

NEW YORK, Jan. THE cotton market
opened arm at an advance OF 4r6 points ana
increased the advance to 7@i3 points on
enormous demand following a rise OF points
on futures and points on spot cotton. with
sales Of $4,000 bales OF the. latter at Liver
pool. the upward movement accelerated
oy failure on the part OF receipts TO increase
es predicted. with reports from the spot mar
kets OF the country indicating continued in
difference to sell. the New Orleans specuiat We
market stul- ruling at a premium over the
New York basis Later the English market
weakened 70 barely steady. closing at a net
rise OF 365t4 points futures. This started
selling At New York under which prces re-
tired TO about the closing basis OF yesterday.
again the market turned strong enormous
outside buying and pi ices returned 10 about
the best figures OF the forenoon The South
and Europe were conspicuous buyers. New
Orleans parties bought freely In this market.
Many which yesterday held weak relation to
the general future list showed leading strength
today. In the afternoon profit taking started
decline and large selling orders came on
from Wall street, largely for the account Of
the former bull leader. who 10 now alleged to
Be operating for lower level Of prices on
the theory that recep pts may be expected TO
soon increase. with trade conditions not very
promising and the speculative long interest too
Large and TOO scattered for any further rise
on wholesome basis. On today's decline the
cotton went largely into the hands of strong
parties, Influenced to buy cotton by the ex-
traordinary strength Of the statistical pssi-
ton. The market was finally barely steady at
q net advanc- Of point on January and a
decline. OF 4@6 points the latter months.
sales OF futures estimated at $50. 600 bales.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Il. & B. Beers Cotton Letter.


NEW ORLEANS. Jan 7.--As early Liver
pool advices were more favorable than ex-
pected. our market opened 8 points h CHER and
issuance Of the Texas statement about this
time was construed bearishly and caused a de-
cline of points. but investment. purposes
for spots and advices from Texas reporting
considerable cotton to pick in northern sections
SsiptS. Oecasionsd 'I break Of Is poinss from
day. Secretary Testers Texas statement
$4,000 last year and 3, se2 900 year before
last; therefore as from Jan: Lst to Aug. 3fst
livered from Texas and the year before last
l.447.ooo were delivered; then II there is no
' 600
crop Of ssSa $50 ReaSoSt a making P0 ans
have been carried cvsT tSis D MARKETED IN last
years crop. Then again taking the amount in
sight for Texas last year to Jan. st. 2, o64.
Of 1900. which was l.el 5000, VIC md that
90 per cent. Of last years crop was marketed
to that date. SO per cent cent Of year before last
assume that this years crop was marketed as
rapidly as the maximum and apply 90 per
cent II indicates a crop OF 1890, 900. This
however. we know lie not the case because for
nve weeks owing to the inclemency Of the
weather. the movement was impeded then. II
OF S.o37 600 In other words the statement
10 construed as pointing to a crop of 1000 600
for Texas. There has been more difference Of
opinions on the Texas outturn than any other
State, many est mating that the years yield
would not be over $500 900. These figures
Demonstrate the absurdity OF such claims.
These IDEAS may have a tendency to check the
bullish feeling IL backed up by increased re-
ceipts. Summing up the situation we think
well Of realizing with view Of replacing on
easy periods. as the chances are the move
ment will increase next week. Notwithstand-
ing tomorrow is legal holiday in New Or
leans. there will be trading the curb.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
B. NJ. Scale & Co.'S Cotton Letter.

LBy Special Leased Wire
the market and all we can learn OF the Janu-
airy deal IL will be necessary TO refer to this
option as market factor again this season.
what promised to be one Of the severest
ners on record 10 thing OF the past. IL news
10 reliable We cannot help congratuiating all
fallen. Nothing could be worse for tie mar
ket. To have January go to a discount and
to learn that the pool has llquidated is good
news. The Inconsistent change Of position by
the January leader is the direct result of some
difference Of opinion over the January notices
a.. aTe the They explain
cant help listening to them IL rumors are
true. cotton 70 likely to go higher. rather
any breaks. The market today acted about
as was expected. Following the 2S-point
break. prices recovered 20 points befo e one
pected, also. the price had a setback from
SIS to e.6s. Then prices improved. pre- FITS
taken on the cotton bought on the b. eak seemed
to be . general development Of the day and
then on the later decline cotton was taken
aboard again. That 10 to say. the majority
an advancing tendency and are play ng with
that end in view. All through December we
i nsn one KIND OF a market. Now we are in
Business IL good. interest active and sentiment
favorable to side of higher prices Until we
mates again prevail there should be no de-
cided break In the market No such movement
e In sight at the moment great many have
Followed the mislead ng or what appears to
be the misleading move the part OF a very
conspicuous ex-member Of the exchange. and
gone short and the market is in fine shape to
boil with any kind of bull leadership. We
would like to see some one come in at the
present juncture and take a few thousand
bales Of cotton There would he a merry time
as the price marked towards 9 cents The
situation 10 such as to lend itself to specu-
ket up as easily from 81 to $40 We would
buy again on another dip. but in the event of
An advance tomorrow. we would take profits
II this 10 . bull market. May should not sell
as low as S.S5 on the next break.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
New Orleans Cotton Futures.
NEW ORLEANS, Jan, fixtures ba
New Orleans snot cnttnn

NEW oRLE ANS Jan 2 Spot cotton was IN
better demand today WAile many bids are
made by the pu' chasing element at p ices dis
tincty lower tran board figures factors e
not anxious selle' 3 apparently even at cur
rent rates Sales. 4. $50 ba' es pc!uling I 90
to arrive. Quotations unchanged.
feeling OF uncertainty peTvaded the market
for contract cotton today. The Improvement
OF 5 to 6-ioo In Liverpool fnilet to enthuse
the talent on this side. though there was an
initial advance Of 2 points This was followed
by additional gains OF 3di& points IN sympathy
with New York. which Influenced by heavv
Wall Street buying. Secretary Hesters analy-
sis Of the cotton movement seemed TO exert
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

depressing effect upon the long element and
lend additional force to the argument In ia
vor of crop In excess of ! l 600. 900 bales
As result a period OF activity among the
bears developed and p.ices were hammered Wig
orousiy losing 76o points on the various po-
sitions. Thereafter there were rapid and some
what wide fluctuations. the market at the
close showing net losses Of 7Q8 points COM
pared with yesterdays closing figures
Note-Jan. is a legal holiday In Louisiana;
no markefs
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
LOCAL WHOLESALE PRICE LIST
Provisions

CORRECTED JAN. ?.
Bacon-ioizc.
Dry sailed sides-ekc
Lard-Tierces. leaf Nc; COMPOUND ano
Meal-56c per bushel. '
Oats White. 4Sc: mixed. 45c
Corn-white. CSC: mixed. 6ic Der bushaI
Salt-Liverpool csc sack; Virginia. I1c,
Michigan. 2so-oound larrels. Sl.SO.
ButteE-Jersey 2603oc: Tennessee country.
.hc.
syrup-Fancy. 4oc: reboiled. soc.
Flour-Patent, S. 1904. IS: straight, 81. zoa
sugar-Granulated. ST; Y. c.. 4xc; cut loaf.
5A cents.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

Total sales for the day. sss. 800 shares.
Treasury Statement.
WASHINGTON. Jan. 7.-Trsasury balances,
81 5,S4o. 2o5; gold, 81 1850. $40.
st. Louis Provisions.
ST LOUIS Jan. 7-FIour-U UNCHANGED;
Winter patents. So. 35@3. so; extra fancy and
straight. So o5a3 80: clear. So. so63.
Whiskey-Steady at $I.32
Dry salted meats-Easy; boxed extra shorts.
SAYS: clear ribs SAYS: short clears. SO.
Bacon-Easy; boxed extra shorts. So Syn;
clear ribs. Se.75; short clear. $40
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
New York Coffee and Sugar.

NEW YORK lam 7-Coffee-Spot RIO
quiet. mild Irregular; cordova. 2 at2.
SuEa Raw steady, refined unsettled.
Coffee futures opened steady at partial ad-
vance ~ : noints under cove ing induced by
the Il n7er Europ an cables Receipts continued
dull. however and there was considerable IL
quotation by foi mer bulls whieh served to
check the advancing tendency, although the
market was generally steady closing on prac
tically tho opening basis. The sales footed up
90 $50 bags.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

casr QUOTATIONS were as follows;
No spring wheat. 7sa75; No. 8. ee874
No 2 red 7i%.
No 2 corn. 4s%; No. 2 yellow. 4e%:
No oats, 22%; No 3 white 32gS3&.
Lard per 90 lbs. SO. s2l4,
Short rib SIDES noosel, So 5sgs 72H
short clea- sides fboxed). $500 l2H
Whlskey. basis Of high wines. Sl.Sl.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

NEW ORLEANS, Jan. 7.-sugar-Dull;
open kettle. 2%93 Lie: open kettle centrifu-
gal 3-i6G3 ii-i6; centrifugal graduated,
4 3-l6@4A: whites, 3AQ4 Lis; yellows.
3 1898 1916; seconds. 2H@3 5-l6.
Molasses-Quiet; open kettle, i6626; CEN
trifugal, 692o. Syrup. 1920.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
New York Cotton Future..
Local Cotton Mar,rat.

Quotations for spot cotton IN the local eott3r
r'H-ket yesterday were ~ follows
strict middling OBSERVATION-DISCLOSURES.
1aiuuttnB ga
StFlct low middlin6 ............"............ 81b
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Cincinnati Provisions

CINCINNATI. Jan. 7.-Flour-ouiet.
Lard-Quiet at 500
Bulk meats-Steady at 1925.
Bacon-Steady at $1,000.
Whiskey--Active; lower at $3.50.
Sugar-Steady.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
THAT MONROE DOCTRINE.
How a Long Line of Presidents Has
Asserted lit.

Baltimore American.
What we call he Monroe Doctrine Is
not properly speaking. a doctrine at all.
Rather is 1t a declaration OF executive
policy. for as originally made by Presi-
dent James Monroe, on December 2, 1S22
1t did no more than define the attitude Of
his administration toward the question,
then pending. Of the occupation and colo
nIzation OF territory on this hemisphere
by non American powers. That declara-
ton, reiterated by Monroe on December
Z, 1874. was made with England knowl-
edge and consent and bound this nation
no further than the end OF the Monroe
administration.
1t would have lapsed with its author s
exit from office had 1t not struck the
chord OF public sentiment and had not
Mr.. Monroes successors recognized the
wisdom of giving adherence to the policy
defined by him. This they did, and we
find that the policy Of Monroe was re-
asserted:
BY Tyler on December 30, 1892.
by Polk on December 2, 1886.
By Polk on December I, IS47.
BY POLK on April 70. 1913.
BY Buchanan. on December 6, 1883.
By Buchanan on December g. 1860,
sBy Grant, on May 81, 1870.
By Grant on December s. 1870.
By Grant on April 6, 1S7l.
By Cleveland on December e. 1895,
BY Cleveland on December Il, 1885.
BY Mckinley and Roosevelt, on numer-
GUS occasions in the past six years
'Grant. in reasserting the doctrine. de-
clared 1t should be extended, and ON
May 81 1870 In q message to Congress-
said that thereafter territory on this hem
isphere should not be held subject OF
transfer (bv treaty or otherwise) to any
European power"
As the original declaration of this pol
Icy was made in message to Congress-
SO has been each reassertion of ID, and
outside of these documents the doctrine
of Monroe has no official existence, It
does not live in any act of Congress nor
in any OF the treaties by which nations
are bound. nor has II ever been recognized
as principle OF International law.
Therein lies its principal weakness, out
side of public sentiment and save as a
chief executive of the nation chooses TO
give It his adherence, It Is non-existent,
1t Is. therefore, not a doctrine but mere
ly a matter OF administrative policy.
Certainly thing by which the Ameri-
can people set such store deserves Kreat-
er permanence. clearer and better define
alton. more authoritative declaration and
more forceful expression. A&Aa is a tenet
of the American faith, 1t should be de-
clared by the people, through Congress.
end signed by the President, thus be.
coming part OF the law of the land. of
which other nations would have to take
notice,
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
UNION WAREHOUSE
Cotton Factors.

Mt. Alfred B. shepperson seems to base his
estimates OF the present crop on the average
xieWB OF the different cotton exchanges OF
New York. Liverpool. New Orleans. etc, but
We must remember that these estimates were
made about six weeks ago. quito a change
since
The amount Of cotton which has come inNo
sight the past week is ~, 900 bales less than
the corresponding week last year The visible
supply IL ass. SOS bales less tHester's report.
The consumption OF cotton. Is greater than
ever known. The world is depending on the
reduced stock OF the South, Just as we were
dependent on the depleted stock of corn In
the West year ago
Middling, 8 5-f6.
F. H. MERRITT. Manager
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08


*N*fs Warehouses.
Montgomery. Only
loads
will And
Broker and will always find the
is.payng the highest price
We quote Nidding 81 Jan 7th
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Kansas CITY Liue stock

KANSAS CITY. Jan. 7.-Cattle-Receipts,
s,4oo natives. 500 Texans; calves, 200. ali
natives; steady to lower
Choice exnort and dl asand haaf
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

WILMINGTON. Jan. 7-Turpentine-Firm al
san; receipts 4 casks
Ros'n-Firm at 81 $50 40; receipts So6
ceipts. %.
Tar-Firm at SLIGO; receipts. 455.
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
New York DRY Goods.

New York Dry Goods.
NEW YORK. Jan. DRY Goods.-The horne
demand continues active advances Of K@%
announced In bleached cottons. such az Ions
dale. Blackstone. etc. Export moderate at full
prices; print cloths very Arm. Wooden goods
hrm for both mems goods and dress goods
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

]. s. WILCOX. Manager. Montgomery. Ala,
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
Naval Stores.

SAVANNAH. Jan. 7.-ru-pent,ne-r,r,, a.
54A: receipts. 72: sales, e9; exports, SO.
Rosin-Fi-m: receipts. 42Io; sales. none: ex-
ports. .2oS: A. B. C. D. Si.5o; Y, iB5:
F: $3.50: O. $40: Fl. So; I. So, 40; K
So. go: NJ 335: NJ sass: window glass.
$50: water white, s. 90
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08

CHARLESTON. Jan. 7.-Turpentine and
The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1903-01-08
MARKS&G GAYLE,
Cotton Merchants.
DAILY COTTON QUOTATIONS
FOR MONTGOMERY.

Based upon American Standard classinesr
lion and actual saies.
Our market steady
The daily morning journal and courier., 1903-03-31
ANOTHER IRISH OUTBREAK,
Play Attacked tn PhiIadelphia-Panic
 Precipttattd.

Philadelphia, March 30,-A panic was precipitated in the Peoples theater here tonight when the actors in the farce, "McFaden's Row of Flats" were mobbed by a throng of Irish Americans. Eighteen men were arrest ed and held without bail, charged with melting to riot.
 The disturbance occurred in the first act, while Arthur Whitelaw was sing ing "Mr Dooley." He was greeted with a shower of eggs and some per- son in the audience discharged pis- tol. Immediately there was a rush for the exits and in the excitement a num- Der of women and children were tram pied upon. None was seriously injured, however.
 The police were notified and three pa- trol wagons filled with policemen were despatched to the scene. The disturbers were inclined to resist arrest and there was a lively encounter, but the riotous element was quickly subdued. The magistrate before whom the prisoners were arraigned refused to accept bail for them.
The daily morning journal and courier., 1903-03-31
ROYAL VISIT TO IRELAND
TO BE MADE BY KING AND
 QUEEN IN JULY.

Official Announcement Made-Received
 With Great Satisfaction in Dublin
 and Belfast Where Triumphant Suc-
 cess is PredIcted-Countr in Happier
 Frame of Mind Than for Many Years.
 London. March 30.-It is officially an- nounced that King Edward and Queen Alexandra will visit Ireland in July.
 The announcement of their intended visit has been received with great satis- faction in Dublin and Belfast, where it is predicted the visit will be trium- phant success as they will see Ireland in happier frame of mind than she has been for many years. Nothing is known regarding the itinerary they will follow, but it is believed that the. trip will be made on the royal yacht and several places will be visited. It is hoped that the visit may coincide with the auto car races for the James Cor don Bennett cup, and great deal of speculation is already indulged in as to the possible functions which may be graced by the presence of the royal vis- itors.
 In political circles announcement of the Irish trip is accepted as an augury that the land bill may be passed with out any undue friction.
The daily morning journal and courier., 1903-03-31
1 THERAILROAD CONFERENCES
oupLooK BRIGHTER FOR SATIS-
 FACTORY SETTLEMENT.

What Lubor Lender Fitzpatrick Says us to Results Attained Yssterday-Rail- read Company to Consider Employees
 Requests and Give a Definite Answer
 to Men Tomorrow, Morning-The
 Wage Question Now the Remaining
 Principal Issue.
 Yesterday seemed to mark a satisfac- , tory epoch in the railroad situation. The railroad company had no state rnent to make, but Vice Grand Master Val. Fitzpatrick made the statement that he was well satisfied with the re- suits of the conference yesterday and looked for a favorable answer on We'd nesday. The company's representatives asked for to-day to consider the enl- ployeS' requests, and they will submit their answer at a meeting to be held in President Halls office OH Wednesday morning at 10 o'clock. *-
 MT Fitzpatrick also made the follow ing statement last evening: s, . %. s
 "The conference to-day was in Pres ident Halls office. President Hall Vice President Merrill and Directors Thayer and Miller appeared for the board of di- rectors, while was in attendance with the employees committee and stated the mems wishes and requests as plainly and concisely as possible, We discussed the wage question:. hours of labor and rules to govern road and yardmen. On all the questions except wages we have come to a definite understanding. Our request for increased compensation has not been denied and we have every req son to feel that when the gentlemen have time to consider the requests, which they will do on Tuesday (to-day), we feel hopeful that they will see that the wages requested by the employees are equitable and will agree according ly. So far as the wages of yardmen are concerned we think that they are prac- tically settled. By yard men mean freight conductors, brakemen and switchmen. I can't say anything on the road question other than that I think that the company will accede to a ten hour day schedule for passenger men and that they will grade on mile age. The conference throughout was very pleasant and every disposition to be fair was shown on both sides. I stated in the meeting that the matter of settlement could not be delayed much longer as some of the men are very restless.
 This is particularly so in the Har- lem River yards. Two of their repre- sentatives, who came to this city yes- terday, stated that their constituents thought that matters were being un- duly delayed. I want to say that when this thing is settled the conditions of the men in the Harlem yards will be better than ever before. They are wor- ried there, and so are we, but I feel more hopeful after to-day's meeting. I think there will be three rates of pay. and if the company's offered increases in pay are accepted they will go into force as soon as possible. We always conceded the right to the railroad com
The daily morning journal and courier., 1903-03-31
DANBURY REPUBLICANS WIN.
City Ticket Wins by a Majority of BOD
 to 59O

Danbury, Conn.,, March 30.-The bi- ennial city elections held to-day re- suited in 8 victory for the republican ticket with majority average ranging from 200 to nearly 800.
 The vote boiled was extremely large, and was caused by the unusual interest taken in the reform movement which had been taken up by the democratic candidate.
 John R. Booth, the republican candi- date for mayor, was elected over Mich ael T. Cuff, the democratic candidate by @ majority of 4S0, and the remainder of the republican ticket was successful with majorities ranging from that att tained by the head of the ticket down to 200. Out of a total of $500 voters in the city $500 cast their ballots to-day.
 Although the republican party made gains in the common council they still lack one of majority and the demo- crats will, consequently, control that body.
The daily morning journal and courier., 1903-03-31
REDUCTION IN COAL PRICES.
Fifty Cents on the Ton for Domestic
 Anthracite for April.

Philadelphia, March 30.-The Phila- delphia & Reading Coal & Iron com- pany to-day through circular gave of ficial notice of a reduction of fifty cents per ton in prices of prepared for domestic anthracite coal for the month of April. The sizes affected in the April price list are broken egg, stove and chestnut. There will be no change in the price of furnace and tseam sizes which are largely sold, under con- tract.
 The new prices are as follows Lump and steamboat $2.50; broken $S; except ing the Lorbery and Schuylkill red ash, which will be $3.25; LylSens Valley red ash $3.6O; egg $3.25; stove $S.25; chest nut $3.25.
 The prices announced are for line and city trade free on board at the mines, unless changed by the company. The Reading officials declined to say what effect the reduction would have on the wages of miners.
 The reduction applies to April only, as monthly thereafter prices will be advanced ten cents per ton until basic rates are reached again.
 The sales agents of the Pennsylvania railroad met to-day and adopted the Readings circular.