davidaulloa/AmericanStories huggingface dataset:
Camas Prairie chronicle. [volume] (Cottonwood, Idaho) 1901-1917, 1904-09-09
Catarrh

Whether 1t is Of the nose, throat, stomach.
bowels. or more delicate organs, catarrh is
always facilitating and should never fail Of
attention.
II is discharge from the mucous MEM
brane when kept In a state OF Inflammation
by an impure, commonly scrofulous, con-
dition Of the blood.
Hood'sSarsaparMa
Cures all forms Of catarrh, radically and
permanently = 1t removes the cause and
overcomes all the effects. Get Hoods.
Camas Prairie chronicle. [volume] (Cottonwood, Idaho) 1901-1917, 1904-09-09

Dear money often follows chea
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
COTTON FUTURES.

New York, May 2O.-The cotton mar
ket opened easy at decline of las
points, rather a poor showing in view
of the steady cables and almost imme-
diately showed still greater weakness
under active liquidation. and continued
bear pressure. The weather over the
South was of a distinctly favorable
average, temperatures being much
more seasonable and while at first the
new crop positions showed relative
steadiness, they later yielded to liqui-
dation and declined about equally with
near positions.
At times during the session there
would be slight rallies on covering. but
demand was almost entirely for short
account or at least appeared to be
and on every little upturn the Wall
street bear leader and New Orleans
would renew selling. 1t was the gen.
eral impression that New Orleans SELL
ing represented liquidation and the re-
port that a few more May notices were
circulating in the Southern market
caused the throwing over of May hold
ings, had a tendency to confirm the
view that there would be no manipula-
ton of the summer months from the
bull standpoint.
In "A general way the market worked
toward a lower level during the end
of the session and reached the lowest
point of the day just before the close
when July sold at 12.7Sc and October
at 10.S5c. The market was finally easy
and within a point or two of the bot
tom or a net decline of 2943S points.
The declining tendency was encour-
aged to some extent by private crop
report issued during the morning est-
mating the increase in acreage at ~
per cent. and stating that the cond-
ton of the crop was better than last
years. This naturally had a tenden-
cy to cause apprehension as to the
showing of the government on June 8
and the fact that Liverpool will be
closed tomorrow owing to the Whit
suntide holidays disposed of any hope
as a result of a rally in that market.
Trading here was quite active at the
decline particularly just before the
close when demand improved owing to
shorts covering and sales for the day
were estimated at 200 bales.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
Got TON,

New York, May 20.-The weekly Liv-
erpool statement shows that the total
stock of cotton in store and afioat is
now 10000, against 734, 900 last year,
a deficiency of only 23,000 as against
a deficiency of 100000 on April 10. The
sales for the week are only $4,000,
against $4,000 last year, and the amount
forwarded to spinners only $4,000,
against $4,000 last year. These figures
speak most graphically of the dimin-
Ashed demand for spot cotton and
foreshadow a very bearish visible sup
ply statement tomorrow. The COM
ing week is Whitsuntide, a general
holiday closely observed not only in
Lancashire, but on the continent. The
European demand for spot cotton in
consequence entirely disappears, and
for this reason it has several times
happened in the past that (Whitweek)
has marked the collapse on some prom
Using bull campaigns. Spot houses
here report that they are being asked
for offers on a surprisingly large
amount of cotton held at the uncount-
ed towns, but as there is no demand
from any quarter. they can only bid
on the basis of the contract market,
the fact that May contracts i'm New
Orleans are selling at SO points un-
der July still further attests the lack
of buyers for real cotton. Were there
any demand from spinners. specula tors
would not be willing to pay $2.65 per
bale to carry cotton forty days. 1t
is becoming apparent that much more
cotton than generally supposed has
been held in the invisible supply at
uncounted points in the hope of higher
prices. and as this hope disappears it
is likely to be pressed for sale. 1t is
proverbial that ''one extreme breeds
the other" And in the present tenn
per of the market, and in view of the
| depressed condition of the dry goods
trade it is not impossible that cotton
may go as much too low as it has been
too high. 1t is well to bear in mind
in this connection that next months
government report is generally expect
ed to show an increase in acreage OF
at least 10 per cent. and that the re-
port on condition Will compare with
TAI last year, which was the worst
on record. Should the showing this
year be accepted as confirmatory of
big crop ideas it would probably still
further. intensity the bearish sentiment
and lead TO a flood of liquidation among
holders of both spots and futures that
would be Irresistible. Whatever reac-
tionary power the market has had has
been due to the covering of the short
interest. This seems to be completed
Theo H. Price.-ad.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
j. II. PARKER & CO.'S
Cotton Letter to Hayward, Wick &

Cotton Letter to Hayward, Wick a
Co.
New York, May 20.-The first adj
vices from Liverpool this morning were
about as good as expected, but the
steadiness lasted only a short while,
and was followed by a continuous,
though not very pronounced decline.
1t was left for this market to develop
later the weakness which distinguish
ed the day.
The air was full of rumors that big
Southern operator was being gunned
for, and the market was hammered to
dislodge his holdings in July. Other
months, of course, suffered in sympa-
thy though to a lesser degree. There
does not seem to be any truth in the
rumors of trouble. but it is a fact be-
yond question that holders of spot cot
ton are becoming uneasy over the wan
ing prospect of any return of higher
prices, and when they attempt to sell
their holdings they discover it is inn
possible to find a buyer. Spinners seem
to be entirely out of the market.
1t is natural under such circum-
stances that they are not anxious to
buy cotton at the present moment, es-
pecially when crop accounts are be-
coming more favorable, and when they
expect within two weeks a highly faV-
cradle bureau report as compared with
last years. The weakest point in the
present situation is the pressure of
spot cotton, and until it is checked by
some demand from consumers, it will
be difficult to hold the market.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
TOP NOTCHERS UP
ALL GRADES OF RoSINs WERE IN
GOOD REQUEST.
SPIRITS REMAINED FIRM.
RECEIPTS CONTINUE HEAVY ON AC-
COUNT OF WEATHER.

But Naval stores Men Are Not Dis
turbed and Do Not Anticipate IA
Decline in Either Market-ExpOrts
of Both Products About Normal
for This Season of the Year-Tur-
pentine Is Now Posted in New
York Mt Is Cents n Gallon.
While there was no official change
in the price of turpentine yesterday,
the market opening and closing at 54A
cents a gallon: the rosin prices took
several new places. In the spirit mar
ket the demand was good and 222 casks
changed hands; 81 at the first call and
49, at the close.
The receipts continued good and ag-
gregated $50 casks, while the exports
amounted to GAS casks.
Rosins.-All grades of resins are held
in firm demand. The top notchers
moved I'D and there was also an adj
vance in several of the medium grades.
Factors say that Notwithstanding the
continued warm weather, which is con-
ducive to heavy receipts in both resins
anu spirits. they do not look for a de-
cline in either market.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
Cotton Letter to Demere q Ham
mond.

%OhtOh 0CNACE ~ DGHtFG a. hdh-
mOnd.,
New York, May 20-As expected, the
bears made another raid on the mar
ket during the last hour, particularly
July option, but far months was freely
hammered. 1t is not improbable that
this decline will continue and force
prices as much too low as they have
appeared too high.
Every point further decline now is
complicating matters in the spot mar
ket South, and once the holders be-
come panicky it is difficult TO foretell
results. There is some talk of slight
Improvement in spot business, but
spinners generally do not buy spot
cotton on decline market; it is rath-
er the reverse, they buy on advancing
ones. This is one of the reasons we
fail to observe any prospects of i'm
mediate relief. While the week end
statement is very bullish, the spot
markets in the South are off from Is
to 4, and the New York market is
off, spots selling at 13.15c.
We look for further decline.
The Liverpool market will be closed
tomorrow and Monday.
Wheat-Scalpers characterized wheat
mean trading market; bulls and
bears We're both extra cautious and
were easily stampeded from their po-
sitions. The former is tampering in
enthusiasm with the idea of a reac-
ton, and the latter has constantly be-
fore him the evidence of depleted
stocks, and a possibility of market
attracting more widespread attention.
Observation-Disclosures were rather a
quiet market; there was some firmness
early on covering and on buying Of
lard, said TO be for foreign accounts,
but prices declined towards the latter
part of the session.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
same DAVIS wear before last BOO. OOO.

same days year before last BOG, 900.
The amount brought into sight dur
ing the past week has been 50,2S1 odleS,
against 87,52S for the same seven days
last year, and 55,143 year before last.
The movement since Sept. 1 shows
receipts at all United States ports to
be 6,967, 1899, against 1858, 464 last year.
Overland across the Mississippi, Onio
and Potomac rivers to Northern mills
and Canada, S90,726, against 1899, S26
last year; interior stocks in excess of
those held at the close of the CONNER
cial year, 144,S61, against, 1924 last
year; Southern mills takings, 1928, 900,
against, 1,644,499 last year.
The total movement since Sept 1, IS
9,625.7S6 against 1O,25S,O30 last year.
Foreign exports for the week have
been 1924, against 1858 last year.
making the total thus far for the sea-
son, 5,640 I06, against $500, 450 last year.
The total takings of American mills.
North, South, and Canada thus far
for the season have been 1851, 1877.
against 3,677,TS1 last year.
Stocks at the eaboard and the TWEEN
ty-nine leading Southern interior CEN
tiers have decreased during the week
23,915 bales, against an increase dur
ing the corresponding period last sea-
son of 5,155. Including stocks left over
at ports and interior towns from the
last crop and the number of bales
brought into sight thus far from the
new crop, the supply to date is g.
79S,5S5, against 10,473,104 for the same
period last year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
WARE a LELAND
Think That There VIII BE a SaGging
Market for a While.

New York, May 2O.-The ship cotton
has been dragging at its anchors again
this week. The dragging process has
continued for so long that one is
tempted to wonder just how long the
stagnation and sagging tendency are
to continue. There is just about enough
business to say there is a market
which opens at 10 o'clock and closes
at 3. But as far as outside interest is
concerned there is none, and it will re-
quire definite and known damage to the
new crop or evident manipulation in
the old to bring about speculative ac-
tivity. For two weeks now the mar
ket has been held by the absence of
necessary rain in the Atlantic Coast
region. On Monday rains began and
continued for several days, New Or
leans became somewhat anxious about
the position and hedged a lot of their
cotton in New York and Liverpool.
Only small part of last years crop
was marketed below 1O15 cents. When
futures in New York were selling at 91s
cents in September cotton was being
picked and sold in Texas at 10 and 10A
cents. The course of the market dur
ing the balance of the season is we'll
known. With the attention of the spin
ming world centered upon the absence
of supplies in all directions, it is not
unlikely that prices will be a cent or
half cent a pound higher than dur
ing the same marketing season last
year. This means that 1t will require
a full crop, which means perfect
weather conditions in the interim to
depress October cotton to 101a cents or
below.
There is likely to be a sagging mar
ket for a time as the acreage is big
and weather is generally good in May
and early June. But it is an open
question to the probable course of the
market later on and any damage will
favor the buyers.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21

DAILY COTTON MARKET.

Galveston-Quiet; middling, Is; net
receipts, All; gross, AL; stock. $3.50.
Norfolk-Net receipts, $50: gross, $50;
stock. AGO. Exports-Great Britain,
800.
Baltimore-Nominal; middling. 1875:
net receipts. $40; gross, 240; stock, 5SS.
Exports-Great Britain, 554; conti-
nent 100.
Boston-Quiet: middling, 13.40; net
receipts, rs; gross, IS. Exports-Great
Britain. 2.
ilmington-Nominal; net receipts,
8; gross, 8; sales, AZ; stock, 6,0S7. Ex-
ports-Coastwise e5.
hiladelphia-Quiet; middling. 13.40:
net receipts, 80; gross, 4S3; stock, 2,O93
Savannah-Easy; middling 1871; net
receipts, 500; gross, 500; stock, 30,227
Exports-Coastwise. 1862
New Orleans-Easy; middling, 10; net
receipts, l.139; gross, 1,l39; sales, 1900;
stock, 177.303. EXports-Great Britain,
1904; coastwise, rs.
Mobile-Dull; middling, 12%; sales,
so, stock, 1873.
*Memphis-Quiet middling, 10; net
receipts, SO; gross 4Sl; sales, 55S; stock,
30.567.
@Augusta-Quiet; middling, 1874; net
receipts, 80; gross, 80; sales, 176; stock.
16, $50.
arleston-Nominal; stock, 2,572.
~Clncinnati-StOck, 4,9Oo.
"Louisvlle-Firm middling, 49, net
receipts, 507; gross, 507; stock, $50.
"St. Louis-Quiet; middlng, 1874
gross receipts, 1884, stock, 1880.
'Houston-Quiet; middling. 12A; net
receipts, 1893; gross, 39s; sales, 20; stock,
14.157.
New York-Quiet; middling, 1915; net
receipts, So; gross, 1903; sales, 10;
stock, 1924. Exports-Continent, 627
France. $50.
Pensacola-Net receipts, 1901; gross
4,s01. Exports-Great Britain. 4,S01.
Newport News-Net receipts, 226;
gross. 226; stock, SO. Exports-Coast-
wise, 173.
wilmington-Add As bales to net re-
ceipts this week.
Total To-day, at All Seaports-Net
receipts, 1904; exports, Great Britain
1851; France, $50; continent, 727; stock
316.470
Consolidated, at All Seaports-Net
receipts, 26412; exports, Great Britain
1888; France, BIS; continent. 1O,3Ss;
Japan, 150
Total Since Sept. /, at All Seaports-
Net receipts, 6,s62. SIS: exports, Great
Britain, 2,332. ISL: France. 670.652: con-
tinent, 2,464.O77; Japan. 41.9S6; Mexi-
co. 25.621.
mot included in totals.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21

Cotton continued its downward trend
again yesterday, and the days close
showed all markets both spot and flu
lures. at a decline.
The cables were more ireassuring
than for several days past. and Liver
pool only showed a falling off of ,
points. This was contrary to the pre-
dictions of the knowing ones, as it was
expected that the English ring would
show a decided slump.
The bottom seemed to fall out of the
New Orleans market, and futures in
that center fell off amazingly, especial
ly in the near months, where nearly
12c was recorded.
The local spot situation was again
unchanged, and no sales were recorded.
Quotations were unchanged.
The +. o. b. brokers reported some
demand, and a little business.
Cotton on a basis of good middling
was officially quoted quiet, at 1890.
The interior is not disposed, however,
TO sell on the present market.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
sAVANNAH'S CURRENT MARKETS

Note-These quotations are revised
dai,v and are kept as near as possible
in acord with the prevailing whole
saie nrices. Official quotations are not
nsed when they disagree with the
orices wholesalers ask.
POUITRY-Market, good demand
snringers. 40@45c per pair; three
1i,arter grown. 55@65c; hens, SoQSOc'
EGGS-15016c. J..
BfITTER-The tone of the market IS
avn. Quotations: Extra Elglns. oO
tIhs 26027c; choice Elgins, 24Qz0c'
rrenovated butter. zoe. $50
C1HIEESE-Market Arm; fancy full
cream cheese, 22Q25-pound, 10c; ~ 10
90 WIvHI iTE PEA BEANs-$25O bushel.
POTATOES-SS.05. o
oNIONS-Native, barrels, $4.OO.
TURNIPS-$2.25. 90
CRANBERRIES - Cape Co.. @I''o
Brendstun, Hay and Grain.
rro1rR - Patent, $3.50; straights.
ss Ak. fancy, $5.25; family. $4.S5; spring
S Swhest best patent, $3.50.
"MEHI-Pearl, per barrel. $3.50; per
socL 81 90; water ground. $l.50; FearI
@rits per sack, $1.55; Pearl grlts' per
S S $3.50; city meal, $1.5O.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21

vember, 10. SOLO soc; December, 1860
1850; January, 10. 61a10 &c.
Spot cotton quiet and weak; demand
light sales, 1900 bales, including 300 to
arrive. Quotations nc lower.
The future market was active with
a fairly heavy volume of trading. The
bears were in command and prices
showed weakness under aggressive SELL
ing, much of which it was generally be-
lieved came from New York. At the
opening prices We're s to y points low
er. Purchases were heavy yesterday
afternoon in the expectation of a strong
rally this morning and disappointed
longs were heavy sellers at the opening
Short orders swelled the volume of Of
ferings. Bearish sentiment was even
more marked than it has peen. 1t was
freely predicted that July would go to
y cents and some bears said it would
so to 10. In spite of the belief yester-
day that the market was oversold there
were no strong rallies and bears We're
even more positive than they have yet
been in their belief that no short in
terest existed in July. In the trading
July first lost p points from yester-
days close at 10 Csc, recovered to 1880.
and then under heavy liquidation soli
down to 49, 04c. The market closed
weak at about the lowest figures of tn.
day, the list showing net losses of A.
to S. points on the old crop positions,
and 26 to 81 on the new.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
CURRAN q co.
Say That Cotton Was I'm Professional
Hands.

New York, May 2O.-Cotton opened
steady in tone with prices easy at a
decline of 1 to points. The lower
prices were responsive to the cables
which were less favorable than ex-
pected. There was a line of selling
by brokers and it was suggested that
New Orleans interest and commission
house element were selling out. There
was also some selling for Wall street
brokers and this pressure caused the
market to assume a weak tendency.
The lower prices brought out a mod
crate demand on account of a DISPOSE
ton of certain shorts to cover, but
there was a free offering on all little
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
LIVERPOOL COTTON MARKET.

Liverpool, May 20.-Spot cotton in
limited demand, and price 2 points
lower; American middling fair, 7.5Sd;
good middlng, lad; middling, 1850;
low middling, 7.22d; good ordinary,
7.0Sd; ordinary, 6.SSd. The sales of the
day were 5000 bales, of which 200 were
for speculation and export, and in
Guided 1000 American. Receipts, $4,000
bales, including 6.400 American.
Futures opened firm and closed easy;
American middling, good ordinary
clause, May. 7.OSd; May-June, 7.03d;
June-July, 6.9Sd July-August, 6.94d;
August September, 6.72d; September
October, 6.21d; acknowledgements,
5.9Sd; November December, 5.91d; De-
cember-January, 5.99d; January-Feb
ruary, 5.S7d.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
LOCAL FINANCIAL MARKET.
BANK CLEARINGS.,

The following are the Savannah Cot
ton Exchange quotations:
DOMESTIC EXCHANGE-Buyin at
soc discount, selling up to $500, 10c;
s25 to $50, loo; $50 to 500, zoe; 500 to
5000, 25c; 5000 to $500, soc; $500 to $500,
S5c; $500 to $500, 4Oc; $500 to $500, Acc;
over $500 at the rate of 75c per $1,000
premium.
FOREIGN EXCHANGE - Market
weak. Commercial demand, sterling,
$4S425; sixty days, s4.80.75; ninety
days, $4.79.25; French, 5.22A Belgian,
5.23; marks, sixty days, "a 3-16;
ninety days, 93B.
Bank Stocks.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
WORLDS VISIBLE SUPPLY.

New Orleans, May 20.-Secretary
Hesters statement of the warlds
visible supply of cotton issued to-
day shows the total visible to be
2,6S5,60 against 2,676, $50 last week,
and 2,S46,965 last year. OF this
the total of American cotton is
1.5SS,601, against 1901, $50 last week,
and l,661,965 last year; and of all
other kinds, including Egypt, Bra
zil, India, etc, 100000. against l.
o75,0OO last week, and 1,1S5,O0O last
year.
OF the worlds visible supply of
cotton there is now afioat and held
in Great Britain and Continental
Europe l,5l4,000, against 1,64S, 900
last year: in Egypt. 10000. against
$4,000 last year in India, All, 900,
against 10000 last year, and in the
United States, 4S3. 900, against 49,
600 last year.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21

the market continued rather nervous.
Trade was feverish with professionals
doing the bulk of the business.
In the new crop months there was
some evidence of liquidation on the
part of certain interest who recently
bought on an extensive scale. The
amount of cotton brought into sight
this week, as expected was bullish, the
total being figured at 10000 bales, but
these figures had little effect on senti-
ment
The late market was rather mixed
with an irregular tendency
MILLER a. CO.'S
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
COTTON SEED OIL

New York, May 2O.-Covering If
shorts, together with light offerings
gave a firm tone to cotton seed oil TO-
day and the market was somewhat
higher, with good support. Prime
crude f. o. b. mills, zoe; prime sum
mer yellow, 2SAc; off summer yellow,
winter yellow, 32@33c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
Markets..
Fruits Ond Nuts.

Fruits Dn0 NUTS
Es-$475@5.OO choice, $500.
5kN ANAS-$1.5oQ2.00
RANGES-Florida, $2.75Q3.00; Cal
..Nr1,ia navel, $3.00Q3.s0.
AAT yiENTONS-New Massinas, $3.00@3.25.
NTAT.AGA GRAPES - Heavyweight,
e. ooG6,OO per key; mediums. $4.250
ADV 1opITTIINES-2os to 3os, 13c; Sos, to 4Os.
,oc. 4Os to sos. Sc; sos to Co.'S TIC; COS
IN 7os. SIC; 70s to sos, &C; sos to Dos,
&c: oos to zoos. 4!ac.
EEkNUTS-Ample stock, fair &C.
,,,and. market Arm; fancy hand-pick-
"a Virginias, sac; N. c. peanuts, SIC:
eN yirginias, 519c.
NrTTS-Almonds. Terragona, 14hc:
r,dcas. 12hc; walnuts. French, 12Hc:
Nanles. 14lac; pecans, 10c: Brazils.
otsc. filberts, lie; assorted nuts. So
y,nund and 25-pound boxes. 12c.
Drted and EvapOrated Fruits.
APPLEs-Evaporated. nc; sundried
ACKNOWLEDGEMENTS, fancy, 1sc;
choice. 1oAc.-
Crown. 81 90: 4-Crown clusters. 50 75.
loose nuscatells. Sc: 1-pound seeded
i04c; imperial cabinets. 50 per boy.
PEACHES-Eyaporated, peeled. isc.
unpeeled, SIC.
PEARS-Evaporated 1o%c.
CITRON-A. S. drum, l4Kc. fancv
Corsician, in 10-pound boxes, 14Ibc.
URRANTS-Barrels. &c.
Sugar.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
HESTER SHOWS DECREASE
or 100000 BALES.

New Orleans. May 2o.-secretary
Hester's weekly cotton statement is
sued to-day shows for the twenty
days of May a decrease under last
year of 107. 000 and a decrease under
the same period year before last of 49,
600. For the eight months and twenty
days of the season that have elapsed
the aggregate is behind the same days
Of last year $4,000, and behind the
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
do do preferred
DRY GOODS INERT.

New York, May 2O.-Little Change
in condition in dry goods is noted, and
While more or less purchasing for the
future is being done, many buyers are
awaiting developments, anxious to see
what the outcome of the special soIes
to be held next week will be. Certain
prices are being named, but as ruIa
sellers refrain from making quotations
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-05-21
RECEIPTS AT PORTS.

New York, May 2O.-Receipts at the
ports to-day, s,O94, against 3,17S last
week, and 1901 last year.
For the week, u 900 bales, against
%, 17S last week, and As, 1854 last year.