davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-02-03
WALL STREET REVIEW
MARKET FURTHER LAPsEs TO.
 WARD sTAGNATIoN.
Furry in Amalgamated Copper, Ow. ing. to Decision of Montana Su- preme Court, But Advance
 is Short Lived.

NEW YORK, Feb 2.-The stock market lapsed a further stage toward entire staxna- ton today. Except for the activity in few stocks the dealings were a negligible lot so far as they reflected any views on conditions of properties or prospect in the business, indus trial or political world. There was furry in Amalgamated Copper in the opening deai- ings on the decision by the Montana Supreme Court, giving legal sanction to the holdfng of amalgamation of stocks in other corporations but the price of that stock only got a shade higher than the first prices and then sarsed heavily to l1a below last night The action of the stock was attributed to profit taking on me iaVorabic news. The rise in United States Steel preferred. on the other hand was due to covering cor speculative accounts on the short side. Operators who followed the decline last week were inclined to believe that the fall naa been due to knowledge of the comrk res ignatiqn Of John D. Rockefeller from the board or directors. The shorts were therefore, dis- posed to cover. with the news of the resigna- tion published. Some of the other iron and steel stocks hardened in sympathy with United States Steel but. the movement was short-liveh. Pennsyivania's reduction in op- erating expense was regarded hopefully for a promise of conservation of net earnings by re- trencements. Reportst of curtaiment of an- thracite production owing to poor market con ditions were apparently ignored. as were the rather ominous expressions brought out sn inc negotiations far wage settlement in the bi- luminous field. The Russo-Japanese situation was demed rather less hopeful for peace and this influence was shown in firmer tone for grain and relapse ip cotton. The effect on securities market was. largely confined to re- strlcting operations pending the reception of the Russian reply tn Japan. The professional operators of q smaller class were made abundantly aware that they ha6 the market almost exclusively to themselves and as this condition offers little opportunity. for profitable trading. they were very cautious in making ventures. jump in the price of United States Realty preferred was entirely without explana- ton The attack Brooklyn Transit was re- newed and Metropolitan Street Railway re-
 1ected anxiety the condition of w c. Whitney. AmalCamated Copper carried the whole market with it in the late dealings to a level below last night and the market closed heavy and Hfeless
 Bonds were dull and irregular Total sales tpar value>. S2. 53o. 900. United States bonds were unchanged call
The Montgomery advertiser., 1904-02-03
Wareheussmen and Cotton Brokers.

-Proprietors

spire greater degree of conservatism even aIlohgse traders of large calibre It seems that the rapidity with which nrices wore ole Vated acted to the detriment of the situation in so much as some spot holders whose holdings were hedged with contracts were forced z to apanuon the cortracts by sheer magnitude of the margin calls and compelled to swell the bail ranks by carrying the spot cotton without protection. Under the circumstances when the rumor was circulated that New York's bull leader had liquiiated his interest and intend Cd to recuperate in Florida, much anxiety was created amongst the minor followers. and the nesulting desire to sell without delay precipi- tated a break in prices cquaIlins nearly S5sper bale. Bulls rendered periodical support, but the market remained unsettled at the close of the session. About the most appropriate com ment on such situation is tha: possible profit to be derived on speculative transactions is by no means consistent with the risk and disturb ancc of mind involved. Rapid and violent price changes may be expected.
The Montgomery advertiser., 1904-02-03
A CASE FROM SELMA.
Supreme Court Denied Petition of
 O. E. Smith

SNPA S1AS SOuEC Oen1eQ Petition of
 o. E. Smith.
 The Supreme Court of Alabama vcstcr. day declined to issue a mandamus di. rected to Probate Judge P H. Pitts of Dallas county, asked for by Oscar F., smith. The court affirmed the action ot Judge Pitts in the case out of which grew the action for a writ of mandamus The plaintiff in the case sought to have Judge Pitts disqualified from setting in q lunacy inquistion in which the sanity of Mrs Lucy P. Smith was being investi- gated. Judge Pitts was first petitioned to direct some one else to preside at the lunacy inquisition. Upon his refusal to do so application was made to the City Court of Selma, and then to the Supreme Court of Alabama.
 In the petition three alleged reasons were given as to why Judge Pitts should not preside. It was claimed that Judge Pitts at some time previous had pur- chased a piece of property from Mrs. smith. It was also claimed that Mrs. smith was related to the wife of Judge Pitts in the fifth degree of consanguinitv. It was further claimed that Judge Pitts was witness in the lunacy proceedirfgs.
 The Selma City Court denied the appli- cation for writ of mandamus and the Supreme Court affirmed this action.
 MT. J. J. Wallis of Birmingham is in the city. ''-
The Montgomery advertiser., 1904-02-03
c. E.. Pierce & Co.'S Cotton Letter.

tftV Pr1vpfn W0re Frflfn v W lee N To
 NEW YORK. Feb 2.-The smash this morn ing was on the report circulated in the Wall Street district that there had been a settle Fnent made on large line of short cotton. No one waited to have the rumor verified. but holders let the cotton bought on the ex- pectation of hirher prices today. This selling broke July l7.5o to I7 cents. Then there was q turn of 40 points up. break of 25 points. an advance of 20 points and then MaYch moved around in a sensational fashion Liverpool was worse than New York There was evidence Of any change in the cotton situation. In New Orleans there was l0 cents quoted many times and this gave the lie to settlement rumors. It may be that q houae caught in the short side of the market cover d line of cotton. But this does not re- lieve the position of those short in New Or 7eans. Spot holders there are in q serious po- sftion. They cannot very well let go futures and it would be serious to let actual cot ton If there a demani fog spot cotton as there ls for paper futu-eN there would he ro trouble New Orleans July futures sold 2 cents over spots ve-tp-dav. We call tho at tention of all interested in the welfare of the cotton industry to this abnormal condition. I: in iiofsth-ough a legitimate demand for July huf because people with power putting on fhe screws This will bring its retribution sooner or later. It fig a shy'ock proceeding 2, put on screws thls way on those who have arfuai cotton There will he a penalty some day. Total sales today estimated at i5oo 900 baics.
The Montgomery advertiser., 1904-02-03
New York Coffee and supnr

NEW YORK, Feb. 2.-Record- breaking ac- tivity coupled with considerable activity. de veloped in the coffee market today After open
 ing irregular at an advance of 10 points to a decline of 10 points the market was ham,nere,i down by the persistent selling of importers until stop orders were reached The selling was augmented by the liquidation of n long
 interSst that had apparently become somewhat during the advance of 3iSc fin the last few months. The market closed steady at net decline of 4oI5o points (about half a cent a pound) with sales reportel of 5s oo0 bags, this representing the largest days busi.
The Montgomery advertiser., 1904-02-03

NEW ORLEANS. Feb. 2.-In the spot mar ket buyers reported free offerings by factors at lower prices. influenced by the drop in fu- lures. Sales 1900 bales. including 100 to arrive Quotations F lower
 In the future market the long expected break came today and prices took an unprecedented lecel March lost e3 points to I6 40: May lost lo3 points to i68o. and July lost e7 points to l7.lo. Before the close there was a re. covery of 2o@32 points, the market closing March to August, inclusive, were 65I7s points.
The Montgomery advertiser., 1904-02-03
C.. dwell. Ward 6 Co.'S Cotton retter.

MONTGOMERY. Ala, Feb. o-Liverpool closed steady about 3 points above yesterday
 New Sork's closing was disappointing IoI 5 points down and due to heavy realizing, the Gatching of some stop orders and rrun,ors o. sfe private settlements with shorts During the day there have been rumors. notably that the bull leader would take vacation and turn Dis back for the time being on the pit
 This frightened some weak longs and brought out many selling orders which forced the mar ket down from 100 to 30 points. The mar lied. July selling up 10 i6SO War rumors have been circulated; the reports indicate im- mediate war, which has tended to depress cot ton. while provisions have advanced. On New fork's closing tonight Liverpool is due to come about 25 points lower Wednesday morn ing -
The Montgomery advertiser., 1904-02-03
L,verpool Cotton Fr+,ros
Auai1ah1e snnnlu of Grain

NET' WORK Fet. 2-Special cable an? to6r"anhc u3vices tr Bra1strects show the following changes in available supplies ns ''rr71ti with previ us account.
 Nh-Rt-T'uited States and Canada. cast oF the Rockies decreased. | io7. 900 hushals: afnat for and n Europe decreaeed 400 900: total supDl,- decreased 2. .5o7 GOO.
 Corn-T'nted States ana t'anada, east of the Rockies decreased 1. .757 900.
 0ats-United Stntes and Canada. east If he Rockies. increaseI 77S.c coo.
The Montgomery advertiser., 1904-02-03
New York Cotton Futures.
virgin 6 Faunce's Cotton Letter.

W
 Nfaxvss YORK. Feb 2-'rhc cotton future market was quite irregular today t'nccrtaiHtv was evi1ene on both sides of the accom-; and neither bulls nor bears Cthose that remained, were disposed to venture very far from shorr The fact that offerings of long cotton were. not taken very extensively at times indicated plainly that the short interest is pretty wei Eliminated. The initial losses in tho actiyc months were due to weaker cables than looked fer and rather less favorable advices rroln inc Far East. There was heavy liquidation at ip- tervais. but the buying here was largely against sales the other sile. and such business steadied the market now and ,hon The big bull leaders were conspucuouS and tb.,. took an active hand in the pit affairs Tn, re were rumors that there was still large short Interest in the market but the movement of prices generally reflected nanipulation The receipts were only moderate. As a whole how erer. the trade was nervous and irregular and the nuctuations were quite difficult to fol- low - The ideas with reference 60 tho prob abe future course of the market on the close were very much mived and under the circum- stances there was a lack of unanimity of npinion. In view with the general trade was considered to be widely divided The estimated fort receipts for the day were 34. 900, against Af ASA for the same day last year
The Montgomery advertiser., 1904-02-03

ness in the history of the exchange.
 Sugar-Raw. steady; No. z. 4; No 8, 3.e5 No" g, 3.eo: Nc. 10. 3.s5; No. IL, 3so; No i2. a. 75;. No. I3. 3.7o; No. IA 3,65; confec toners A, 4.3o; mould A. 4.6o; cut loaf lated, 4.45; cubes. 4.7o.
 Spot coffee-Hio. steady: No. 7 oIl-l6 mild, steady; Cordoya 8XHI3H
The Montgomery advertiser., 1904-02-03
New York Drv Goods

NEW YORK, Feb. 2.-Buying of dry goods has not been as large. but there has, been no weakening as the result of the break in cot ton. In fact. the utmost conservatism Is ob- served by sellers about taking contracts. many lines being held at value and others withdrawn
The Montgomery advertiser., 1904-02-03
Naw nrleans S,1ma.

NEW ORLEANS. Feb. 2-sugar-Firm: onen kettle. 3a3 3-i6; open kettle centrifugal 3 @3% centrifugal whites, 4; yellows 3HS l5-I6; seconds 2hd3b.
 Molasses-Nominal; open kettle 2o6o3. cen- trfugal IodI5
 Svrnn-Dull at 22625.
The Montgomery advertiser., 1904-02-03
St, Louie Provisions

ST. LOUIS, Feb 2.-Flour-DulI
 Whiskey-Steady at Sl.3li2. .Pork-Higher; jobbing. Si3.77ia. Lard-Higher: prime clear, S6S5.
 Bacoh-Steady; boxed extra shorts. S7.62h; clear ribs. S7.75; short clear S7.771A.
The Montgomery advertiser., 1904-02-03
Cincinnati Provisions.

CINCINNATI, Feb. 2.-Fiour-F'irm. Lard-Steady at S6 60. Bulk meats-Quiet at f6. 50. Bacon-Steady at S7. 50. Whiskey-Dull at Sl.27.
The Montgomery advertiser., 1904-02-03
ARTICLES.

Cash quotations were as follows: F1our-Quiet and steady.
 No Spring wheat, e6Qeo; No. g. 7s9sa No. 2 red. 9oAd93%
 No corn, 47%; No. 2 yellow. 4sI$, No. oats, A No. whito 42G43sl. Mess pork. pc bbl., l3.25QI33744 Lard per 100 lbs, S7. 25a73o. Short rib sides Qoose). $6 5c@6.75. Short clear sides (boxed), S6.87lha7 co. Whiskey. basis of high wines, SI27
The Montgomery advertiser., 1904-02-03
e r. pieree Q Co's Cotton Letter.

rBy Private Wire From Gilbert < riay.I
 NEW ORLEANS. Feb. 2.--rhe cotton mar &et experienced another violent shaking up, fhn cqnse0uenee of which should serve to ih-
The Montgomery advertiser., 1904-02-03
Local Cotton Market.
New orleans Snot Cnttnn.

In the local cotton market yesterday mid dling was quoted at l5a; cents
The Montgomery advertiser., 1904-02-03
Treasury Statement.

WASH NGToN. Fer. 2.-Treasury balances S227sl743o; sold, See, I34 I3o.
The Montgomery advertiser., 1904-02-03
Naval Stores.

Special to The Advertiser.l
 SAVANNAH, Feb, 2.-rhe naval stores mar kets have ruled irregular during the week. with turpentine dull and tending downward while rosins moved up and down without any certain course either way. Turpentine is heavy with the indications pointilng to lower prices before the bottom is reached. Factors find some difficulty in disposing of their entire offerings winch exporters for some reason ap- pear unwilling to take.
 While the of turpentine has been downward the trade herr no reason for it. On the contrary they believe that according to the movement of last years market prices now should rise. for conditions are more fa- vorable to the market this season in the face of a decline than they were last season when to the last day of the season. This season cold weather and other unfavorable conditions make it very probable that Spring receipts will be late, which means that there may be a pos sible scramble for February and March re- quirements. This being the case, factors see no reason for a decline at present. and believe that if prices do decline they will react and then advance.
 From the country reports are to the effect that there is very little gum left fin the boxes and that the receipts cannot show any ma terial increase until the new crop begins to come to market. The amount of turpentine re- ceived here this season has been I95 $40 casks, against 296. .469 last year. and the re- ceipts Of rosins have been 5776Y7 barrels against S5 ,483 last year. The exports of turpentine have been l76.9iI casks, against 252, 9o5 last year. while the exports of rosins have been 62S, 7eo barrels, against s53, e32 last year.
The Montgomery advertiser., 1904-02-03

SAVANNAH. Feb. 2.-Turpentine-Quet al 6ih; sales, 36o; exports. 6o6: receipts, 35I.
 Rosin-Firm sales. eI4; receipts. 2. 2.65I; ex. F. s2. 90; G. Ss; H, ss.o5; I. Ss.so: S3 35; M. S3.65; N. S3.7o; window glass S3 95; water white, S4 35.
The Montgomery advertiser., 1904-02-03

WILMINGTON. Feb. 2.-Turpentlne-Noth ing doing.
 Rosins-Firm at S250 Tar-Firm at Sl 40; receipts. 22 Crude turrentine-Firm at S2 5o9425.
The Montgomery advertiser., 1904-02-03

CHARLESTON, Feb. 2.-Turpentine and ros- ins nominal; quotations omitted.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24

8 BY the Valentino Auction Co.,
Auctioneers.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24
EBB TIDE:
IN REALTY
Business Unusually Quiet, But
values Are Increasing on
Account Of Building.
PASSING OF SECOND CHURCH
Old Structure Will be Torn
Down and Stores Will
Replace It.

indications are that real estate sales
OF tho week. beginning Tomorrow, Will
bo unusually light. Like pretty much
everything elise, realty business comes
In sp,irts or tidal waves. This Is the
ebb tide period and apparently this is
rhat tle river men would call dead low
water 5
nut the cognatc enterprise Of build
lnr is on such boom as the city never
saw before. Ono OF the most interesting
announcements In the real estate world
during the past week was that Of Mr..
ii. seldom Taylor, real estate auctioneer,
that when he purchased tho handsome
residential property at tho northwest
corner OF First and FRANKLIN Streets. the
week before. he was representing MT.
Granville G.. Valentine. Mr.. Valentine
paid $4,000 for tho house and vide
stretching lot ina will have the house
renovated, greatly Improved ana I'VE
in It, u,
The present Second Baptist Church
building viii some time during the pres
& nnt year BIO on the market for sale. }Lhe
X readiness. with which stores on the same
lot have been sold at Il profit, VAL IroD--
ably determine that the future OF the
lot will be similar to the rest on that
SQUARE, fronting on Main Street INC
rIassic old church building. crowded out
~ the rush OF business UP tho mn,
vii; be torn down and stores Of modern der:
construction will rise where prayers were
wont to DO made, while the church H! WIN
+ find a replica, so to speak. IN a Ia
handsomer structure at the. southeast
corner Of Adams and Franklin Streets &c 5:
The decision OF MIR. William Fl. Tim
mormann to erect a SEQ, 900 hotel at the
northeast corner Of Seventh ana bro ,a.a
strets. will greatly increase the value
I Of property IN TINT immediate vicinity,
Particularly on the north side Of Broad :,
The erection of the American Bank
building and the Mutual building. me ne.
a one at Tenth and Main, ana .ne o.no o
al Ninth and Main Streets, botn mas
b nifIcent structures OF eight and nine
s stories respectively, will enhance the
value OF downtown realty.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24

=. M0,NDAY, JANUARY 18TH. 1908,
6 Carpets, s. Bureaus and Washs lands,
Waydrobes. Mattresses, Pillows, Rugs,
Port. eres, Lot Of Groceries, Tables. AVN
.lngs Mating. Z. Cooking and Heating
Stoves, and other numerous articles
a. r. MAYO, Proprietor
a. P. Montgomery, Salesman.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24

:" REAL ESTATE-For Sale.
= --T.,,,,,. FOR AN S-ROOM5 BRlChf
12,IOO dwelling on Cary. near Maol--
BOIL. GOOD tenant at 2ls ann. see US.
11l3 Main.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24

Oh account of partly moving from. the
city we wilt sell at No. sos South ~ miro
Street, beginning 1880 o'clock, all their
Furniture, Il &C., consisting Of Hall "
Stair Parlor and Dining Room Brussels
and Velvet Carpets, Oak Bookcase and
secretary Handsome Folding Lounge
Oak Morris Chair, Oak Book case, Hand
some Oak Centre Table. Tete-a-teteS
parlor Set upholstered III silk brocatellei
on inlaId frames; Parlor, Chamber and
Shades, Rattan Couch. Cherry. Oak and
Willow Rockers, Mahogany Wardrobe
EnGmeled Iron Beds. with brass trim
IS; Wool and Hair Mattresses. Toilet
Sets, Quarter Sawed Oak DreSsers and
sNyashstands, Walnut Flat Top Desk, Par
Tor. Dining Boom anil Fall Pictures
Zee Their holsters and l,illows. Walnut
Chld's Crib, Handsome Box Couch. Nice
Ia biz Linens, Bed Linens, Blankets, Sill
yer, Plated Table Knives Forks and
Spoons. and other plated ware, nice ass
sortment Of Crocs1ery und Glassware
Onk Extension Table, Dining Room
Chairs, Mahogany sideooard, Kitchen stl}
Furniture, &c. 4 i.5s g. n S
About zoo volumes valuable miscellane-
ol,s Books, Set Of 10 volumes Century
dictionary and Cyclopedta, complete.
AL of the furniture. &C., IL in splendid
condition. Ladies' invited. t
E Sale positive. TERMS-Cash i9s a$t
TIIE VALENTINE AUCTIoN Co.'S
! jani2428h &. 81 @ las5s5e
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24
BY Tho Valentine Auction Co.,
Auc tionee-s. n ;iiss

rTOUSEHoLD ErFEcyTs OF SOUTH
stlTu1RD STREET. r. ESIDENCH.$ 4
ID AT AUCTION W.. Ell
TT ESDAYS MORNINGS jim UARYS 26TII,s
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24
AUCTION SALES--M onday.
Geo. w. Mayo. Auctioneer
ITO North Seventh Street.

tARPETs. BUREAUS, WARDROBEs,
- GROCERIES, &C. ~ 90
4 viii sell at my auction house, at 1880
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24
REAL Els Att u.
AUCTION sALES-Monday.
( BY The Valentine Auction CO.,
6i2i East Broad Street.

~ 1ptN1 AMI, DRIVING PONY, GRO
III G iIts's lTOP WAGON, EttFeN tTIf RI 1F
CARPEtrst STOVE &C.. VI a tET1ON.
!. To-No RHow tMonday) MORNING \, Ja ~
Sth Broad Y snes ii Gf oaossk sore
Ing and Driving Pony, gentle and Kind !. any
lady or child can hundle;s Grorst's Top Wag.
utiartered Oak buffet. with large French plate
mirror; Massive Leg Quartered Oak Exte n ~
Refrigerator! Oak .Chironler. Massive Oak Hat
Rack, Cherry and walnut Exssnsian ! ah ne
oak 7and Walnut Chamber Suits Lace Cur.
tnns, Stoves Carpets etc. AT II O clock VIII
sell set Of Surgical Instruments. niei1tionedj
elsewhere. THE VALENTlNE1Slt CO..
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-01-24

ern, McyEIGH s. dLlNN,
For RENT.
DWELLINGS.
al7 w. Franklin; IA rooms; stable,
aS w. Grace: u rooms,
i Unfinished she'd Fiat at0 Friani;iin and Fourth
Fiat No. i07 Il. Main; first floor; steam
hented. ids{55
Soi s, Third; II rooms; attractive.
zoos Hanover; an eight-room gem.
Thirty-sixth and Q Streets; eight rooms
s. 4oo Ay ". Cary; s rooms.
bio N. Fifth; store and dwelling,
s IS W He esnai;; ! r FSams'
637 Church Street; 3 rooms,
Gl3 s. laurel: 6 rooms s3s
t2o N, Twenty-hfth; 3 rooms,
Go5 T. Main (part OF house,,
STORES, &C,
Factories on Nineteenth Street, between
aa AUTHORITARIAN Wsif Iisbtsd and s'rwel'th; roomy
Ii Governor Street; large and dirt cheap.
y ana la $, Twelfth; elevator, SC.
13 5. Fourteenth; elevator, SC.
los Stlockoe Slim nice Office building,
llll-l3 q. Cary; good Offices.
Fine doctors office on Park Avenue;
steam heated. S,.4i IA s Il
r 9Uu H gfVanRlln ST. uOCIOr6 ONCE. 43
Office space; first floor; Virginia Caro-
linL Chemical Building. x
Inlrd story rooms, SO p. Main st.
Large loft on Fo Y near Broad,
Large lot Cary, near Eighteenth; side
tlacks. ard other places In different To-
oa4its e as;,g apply 70 !, !, ;, ~,
! North Eleventh street,
Place IYour lent A nnnurlt,