davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-06-01
WALL STREET. REVIEW
NO INCREASE OF CONFIDENCE IN
 DAYS OF LEISURE.
The Market shows No Material Change From its Lethargic Condition--The Suspension of Cotton Firm
 Disturbing Factor.

NEW YORK May 3I.-Three days of leisure from the contemplation of stock accession of speculative confidence so far as was revealed by the meager dealings and the halting and narrow fluctuations today. The market showed no material change from its lethargic character. The firm tone of the London market and the Saturday
 bank statement. which was called favorable by commentators, were worth a fractional rise this morning, which amounted to an average of about E. Prices then slipped back to below last Fridays level. The
 nominal cause was the suspension of a firm on the cotton exchange but although the failure was announced was due to a de- falcation with no bearing on the market or financial conditions. failed to recover it's lost ground News of the day not im- portant but 1t offered some more favorable features than for some time past. The mar ket ignored these. The weekly crop bullet In of the weather bureau encouraging as regards the winter wheat crop and was distinctly hopeful for the start of spring wheat crop. The cotton crop also was shown to have improved The tenor of the weekly talks by traffic officials of the rail- roads was distinctly affected by the bright CT hopes felt for the crops, which have had some effect in turning the downward tide of railroad traffic in evidence since the middle of April Some of the roads in the central traffic region are enjoying the bene- fit of the traffic diverted to them by the tie-up of the lake traffic and are making favorable comparisons with May of last wear. The percentage of the decrease from last years traffic has shown a declining figure for several weeks past and for the third week of May the decrease has fallen to but little more than l per cent Net earning do not yet show turn in the situ-, ation. retrenchmenjt in operating expenses not yet being effecti"e in the rports for that priod The Erie statement was the important example today. with its decline in April net compared with last year of $293,375. or nearly 20 per cent. The stocks of the company suffered from this showing. especially the first preferred, from fears that the integrity of it's dividend was threatened. Money easy in all de- partments result of the bank state ment and the sub-treasury paid out $2.T0s- 900 on account ot the Japanese gold de- posted in San Francisco. The S70O,O00 in gold bars engaged for export on Thursday was all that was available at the assay of flee in that form. There was a light cover ing movement by shorts late in the day, but the closing easy. A number of in active bonds made wide declines from pre- ceding sales and the general tone was heavy. Total sales, par value $1,340 900. United States 2s registered declined h and the 2s advanced on call.
 NEW YORK STOCK LIST.
The Montgomery advertiser., 1904-06-01
CHICAGO GRAIN AND PROVISIONS.


 CHICAGO. May 31.-A break of 4&c to- day in the price of May wheat due to the collapse of the theory that there was an outstanding short interest caused weakness in other options. July closed hc lower. Corn Is up %c: oats h q Ac and provisions from 12 hc to 47ke.
 The break in May wheat did not come until near the close of the days trading. The market opened weak as a result of low CT prices in Liverpool. July started h a &s c down at S5h h@s5A. Sentiment soon the weekly statistics of the international trade were less bearish than they have been for some weeks and excessive rains had fall len in many sections of the Southwest The bulish reports from the Southwest were partly substantiated by liberal purchases by St Louis houses and by the strength in strength and fair degree of strength de- veloped in wheat On a good commission house demand July advanced to s6A. Af- ter the first hour the market experienced long interval of dullness, transactions be- Ing largely of scalping nature. The ques- tlon as to the size of the outstanding short lines of May wheat had acted as a check on many traders but as the session wore on without any sensational upturn in that delivery the conviction that shorts had practically covered their lines gained ground and resulted in considerable selling in future deliveries. causing weak under tone. From 9SA May dropped to 93h. ral- lied to 9s and closed at 97. After selling off to S5k July closed at S3%. Clear ances equaied 167. 400 bushels. Primary re- ceipts were Sss,2O0 against 7so.oOo year ago. The amount on passage decreased l. 032.000 bushels. while the visible supply de- creased 2536. 900. Minneapolis, Duluth and Chicago reported 570 cars, against 109 last week and 570 year ago.
 An active demand from shorts with conn paratively light receipts caused an ex- tremely strong corn market. Trading was active throughout the day. Advices from Kansas were bullish. Statistics also were generally favorable to holders. There was some realizing late, but the market closed strong. July opened hc lower to 1sc higher at 46R 447h, sold up to 4s648h and closed at 47%. Receipts, $50 cars, 9 contract.
 Oats were quiet. May was weak on moderate selling by longs, but future de- liveries received some support and ruled quite firm. Statistics were bullish but the weather and crop reports were bearish July opened unchanged to hc lower at 3S% @3Sh. sold between 3S% and 3S7s. closing at 3S% Q3S%. Receipts, 175 cars
 Provisions were strong active com mission house demand. Big shipments of products for the past week were mainly re- sponsible for the improved demand. The frmer feeling in corn had little influ- ence. July pork closed 45@471zc higher at 11.72h @11.75; July lard 121sc higher at G.. 60. and ribs IT iAc higher at 6.75
 Estimated receipts tomorrow: Wheat. 2S cars: corn, TSP; oats. 232; hogs 34. 900 head.
The Montgomery advertiser., 1904-06-01
MARINE NEWS

NEW oRLEANs.-Cleared: Str Proteus Halsey. New York
 PORT EADs.-Arrived; strs. St. Goth. ard Br.. smith, Matanzas; Hiram. Nor. Pedersen, Ceiba; Auguste, Aust. Scopinich Trieste; Nicaragua. Nor Larssen Blue fields. Sailed: Strs Banan. Nor. Monsen Bluefields; Gyler. Nor Ashager. Puerto Cortez
 MoBILE.-Arrived: strs. Fort Gaines Nor, Julum, Bocas del Toro; Condor, Nor Boe, Buefields; Belvernon, Nor, Olsen Bocas del Toro; Anselma de Larrinaga. Br Stephens, Clenfuegos: schr. Prince Freder- ick. Br. Britton St Andrews Cleared Strs. Espana. Nor. Danielsen. Puerto Cor tez; Condor. Nor. Boe. BluefIelds Bel vernon, Nor, Olsen. Bocas del Toro; schrs Fred Wager. Progresso; James Slater Peterson. Manganese.
 KEY WEST Arrived: Strs. Miami White, Havana and sailed for Miami: Gus sic. Olsen. Punta Gorda and sailed for Cardenas. Arrived: Str. Mascotte, Allen. Havana and sailed for Port Tampa Sailed Tug Osceola. Tortugas.
 PENSACOLA.-Arrived Str Boxgrove. Br. Mabley. Rotterdam: barks Fiery Cross, Nor. Claussen. Hamburg; Ines Eliza, Br., Genoa.
 NEWPORT NEWS.-Arrived: Strs. Gadi- tano. SD. Gorcorhea, Tampa and sailed for Gauston Dock; Hisa. Nor, Pedersen, Bos- ton and sailed for Vera Cruz Sailed: She nandoah. Br., Trinick, Liverpool
The Montgomery advertiser., 1904-06-01
NEW ORI,EANs COTTON.

NEW ORLEANS, May 31.-There was a fairly good demand for spot cotton for export but buyers and sellers were apart as to prices. Sales. 2250 bales including 100 to arrive and 400 f. O. b.; delivered on contracts. 100. Quotations Ac lower
 Futures opened weak at a decline of from 14 to 42 points below the close of Friday. The most bearish feature was the weakness of Liverpool which at the open ing was from IS to 21 points down on the old and from to points the new crop months, when compared with Thursdays close This was followed by the announce ment of a failure in the New York market and the report of heavy rams in the east ern and central portions of the belt where they were badly needed. With everything in their favor bears sold heavily and show ed hardly any desire to take profits There was almost an entire absence of bull sup port and little long buying. In the trading July lost 32 points from Fridays closing at 12 60, recovered to 127s and finally declined to 12.47. The market closed quiet and within point or two of the lowest of the day. the list showing net losses of A to 45 points the old crop positions and 27 to 30 on the new.
The Montgomery advertiser., 1904-06-01
KANSAS CITY LIVE STOCK

KANSAS CITY. May s1-cattle-Re- celpts. 5,500 including 900 Southern. Strong Export and dressed beef steers, 5.25 5G5. IS; fair to good. 4. .O0@5.10: West ern fed steers. 4.75@5. 50; stockers and feeders, 3.75I4.s5; Southern steers, 50 3 500; Southern COWS. 2,5O@4.0O native cows ?. 50d 50; native heifers. 8 3.75@5 50; bulls 2.75@425; calves. 2.75@475
 Hogs-Receipts, 1000. Steady to 5c low CT, Top, 4 s5; bulk of sales, 4 45a4.s5; heavy. 4 .50Q4 so; packers 4.4O@455; pigs and lights, 4O064.50.
 sheep-Receipts. 5000 Market 1O@1sc lower. Native lambs. 5.25@7 O0; Western lambs 5.2S 67 o0 fed ewes 50m5 35: Texas clipped yearlings, 4.7565 IS; Texas clipped sheep. 43Oa4.sO stockers and feeders. 3.50@4.5O.
The Montgomery advertiser., 1904-06-01
AFFIRMED WOODEN CASE.
Negro Who Got FOrty-RVe Years for Killing Annfhnr

Negro Who Got FOrty-Rve Years for
 Killing Another.
 Under a decision of the Supreme Court rendered yesterday, R. E. Woo be gin serving the long sentence of for ttX-five years passed upon him in the C;.cuit Court of Shelby County for murder in the second degree.
 Wooden was convicted of the l<IlIino Of Jake Sims, another negro His un9 successful plea was that the killing was accidental. The two had been to a negro supper at place near Column biana. Sims, as he left the house, was go- ing along the road with a woman a few feet in front of Wooden Wooden, who his pistol and shot the other without warning He claimed that his pistol went off accidentally, but there was no evidence to support the claim.
 The case was appealed on inc oues- ton of the admissibility of certain evil
The Montgomery advertiser., 1904-06-01
NAVAL STORES.
WW A -wL-

SAVANNAH. May s1.-Turpentine firm: 4: receipts 1.361; sales LISA; exports, 625, Rosin firm; receipts, 3,246 sales. 1885; ex- ports. 55S. Quote: A. B, c. D. 2.60; E, 70; M. 3.55; N. 3.65; W G. S.sO; W w,
 RLESToN.-Turpentine firm, b2%. 2.55; F. 2 50; G. 2.65; H, 2.75; I, 8. .0o: K 3.25; M. 3.3O; N, $40; W G. S.65; " W, 3.g5.
 INGTON.-Turpentine nothing do- ing; receipts, "A casks. Rosin firm, g. 50; receipts, 113. Tar firm, 1 80; receipts. 129 Crude turpentine firm, 2.25, .o0 and A. 25 i; receipts. 1S6
The Montgomery advertiser., 1904-06-01

Mexican Central 4s .... .... .... .. 64& Mexican Central 1st Inc. IF
 Minn. St. Louis 4s ... ...- S6B Missouri, Kansas & Texas 4s .... ..100h Missouri. Kansas & Texas Ends .... 77s National R. R. of Mexico consol As 74
 New York Central general Is ...... 9s% New Jersey Central general 5s ..13l
 Northern Pacific As .... .... .... ..104b Northern Pacific i. .... .... .... 772
 Norfolk x Western consol As sSs Oregon Short Line As & Partic. 94% Pennsylvania conv. 3hs .... 94h Reading general Is .... ... .... 99b St Louis & Iron Mountain consol 5s ..1l4A St. Louis & San Francisco fig. 4s Sl < St Louis Southwestern 1sts .... 93S seaboard Air Line 4s.......,........ 70
 Southern Railway 5s .... .... ....115S Iexas & Pacific 1sts ..- 'lle
 st. Louis Southwestern 4s .... .... 70h union Pacific 4s ....lO4 ts Union Pacific conv. Is .... .... .... 96% United States Steel 2nd 5s .... -. 73h NauasH 1stb .''lIo n Wabash Deb B.. 56% Wheeling Lake Erie 4s ..... s9% Wisconsin Central 4s ...s 90
The Montgomery advertiser., 1904-06-01
NEW ORLEANS COTTON FUTURES. NEW ORLEANS. May 31.-Cotton future
c. D. PIERCB Q CO.'S CoTToN LETTER

(By Private Wire from Gilbert & Clay)
 NEW ORLEANS. May 31.-Three days of idleness in the cotton market failed to re- veal any recuperative power. and a re- sumption of the downward tendency of prices was the chief item todays pro- gram. Liverpool exhibited a softness that bespoke an absolute lack of confidence in the stability of values and cables attrib- uted that condition to an exhaustion of speculation and small demand from spin ners.
 There was a sufficiency of adverse influ- snces here, the opening of the market was
The Montgomery advertiser., 1904-06-01
MT. Cleveland cnnnn1 co

Mexico City. May 31.-Grover CIeve- land has written to the American com mittee thanking it for the invitation to address his fellow countrymen in Mexico on the American national hoIi- day, but "aying that his engagements preclude his acceptance of the invits- tion.
The Montgomery advertiser., 1904-06-01
Caldwell. Ward & Co.'S Market Letter.

NEW YORK. May 31.-Wire and commis- sion houses were generally good sellers and 1t is believed that New Orleans sold consid- erably. It is said Mir. Price was a buyer of
 the new crop months. The feeling is gain ing ground that the growing crop is doing well enough for this date and with the in-
 creased acreage which will figure in the
 June monthly report may lead to a further decline. The continued indspositfop of the spinners to enter the market is causing a weakness in the near options and proving
 great trial to the bull leaders, The es- innate at the ports tomorrow probably 2 .
 GOO. against 4,30O last year. Spots South
 were Ac lower while in New York they
 showed AS points decline. On New York s
 close tonight Liverpool is due to come T
 to down on old and new crop months.
The Montgomery advertiser., 1904-06-01
NEW YORK CoFFEE AND sUcAR

NEW YORK. May s1.-Coffee-spot Rio steady; No ! invoice. 6%; mild steady Cordova, 9@1S.
 sugar-Raw steady; fair refining 7-16; centrifugal. 96 test. 15-16; molasses sugar. 3-16 Refined firm.
 The market for coffee futures opened steady at unchanged prices to decline of 5 points under moderate liquidation in the absence of support. Trading was quiet during the entire session but after the in- ftial selling orders had been executed the market steadied in the afternoon in sym pathy with rather smalled Brazilian re- ceipts than expected and closed quiet and net unchanged. Sales, 14,50O bags
The Montgomery advertiser., 1904-06-01
Cotton
 May 3I. 1904.

My advices lead me to expect . com siderabiy augmented demand for spot cotton from spinners on the basis of ss5k cents for July cotton. In both New York and New Orleans a further decline at the moment seems hardly snstined. Theodore H. Price.
The Montgomery advertiser., 1904-06-01
ST. LOUIS PROVISIONS.

ST. LOUIS May 31.-Flour firm. Whiskey steady. 1924.
 Pork higher; jobbing. 11.75.
 Lard higher; prime steam, 6 05. Bacon firm, higher; boxed extra shorts. E; clear ribs, 7.75; short clear, s co.
The Montgomery advertiser., 1904-06-01
VIRGIN 6 FAUNCE's COTTON LETTER


 NEW YORK, May 31.--The cotton future market today displayed considerable weak ness. The weekly Government report was one of the principal features, since it show ed that the crop Is moving and the pros poets were better practically than for some time past. The advices from the South served to confirm the belief in a better crop outlook. while some interests were still disposd to figure on bullish monthly crop report, others figured that the report, if bullish. would attract little attention, since trere would be an inclination to figure that the crop was improving. The cables were without special feature. and the suspension of Mum Sons dampened bull ardor to no small extent. On the lower prices there was fair line of buying for the account of professional shorts. but for the most part the offerings were more than ample, and a rather easy feeling prevailed throughout the day. The spot markets were quiet and steady There was some talk of bulllsh deal in the July option based on the belief that certain bull cliques have accumulated big line of July cotton and will demand delivery when the time comes. The short interest in October, December and January cotton was figured to be very heavy and certain spot interests were said to be short of the market to no small extent The late market was nervous and feverish with some of the larger interests inclined to proceed cautiously. The estimated port receipts for the day were figured at 5000, against 36O4 for the same day last year.
The Montgomery advertiser., 1904-06-01
DAILY COTTON MARKET.

NEW ORLEANS, May 31.-Cotton easy sales 2.250. Ordinary, 10 3-1e; good or dinary, 1lk; low middling. 12h; middling. 11S; good middiing 12 15-16: middling fair. IS 7-1e. Receipts, 4,17o; stock, 153- 12s.
 OBSERVATION-DISCLOSURES receipts, 1921; stock. 11.7s5
 MoBILE-Quiet; middling. 12h; stock, B,1s0
 SAvANNAH.-Easy; middling, 12M; re- ceipts. 193: sales. g; stock, S1,441
 CHARLESTON.-Nomi stock, 2,553 WILMINGToN.-Recei 1: stock, G. NoRFoLK.-Receipts. 75o: stock, s4Oo. BALTIMORE. Nominal; niddling IS. .25; stock, 1900.
 BOSTON.-Holiday
 PHILADELPHIA.-Qu middling l3: receipts 1,244; stock, 1,275.
 ST. LOUIS.-Quiet; middling, 12%; re- ceipts. 24a; stock. 12,025.
 NEW YORK.-Cotton quiet; mfddling, 12.75; gross receipts 1,362; sales, 34S00 stock. 67.041: exports. to Great Britain, &T1; to continent 303.
 Total today: Net receipts, 6,375; exports tc Great Britain, 1890; to continent. 4.792: stock. 3s4.21S
 Consolidated: Net receipts, II .5s1; exports to Great Britain. 5,427; to continent, 7,763 Total since Sept. 1: Net receipts, 6,995- e90; exports. to Great Britain, 2,361.S25 to France. 6S0.052; to continent, 2.479322 to Japan. 41.936; to mexico, 25,671.
The Montgomery advertiser., 1904-06-01
NEW ORIEANs sTrcAp

NEW ORLEANS. May 3I.-Sugar strong; open kettle. 2% c 3-16; open kettle centri- fuEal, S@3&; centrifugal whites. 4kQ4M; yellows' 8% q4 b-l6; seconds, 29s @3%.
 Molasses nominal; open kettle. 20a25; centrifugal. 10dl5.
 Syrup nominal. 2O925.
The Montgomery advertiser., 1904-06-01

The quotations are:
 Country Produce. The quotations follow: Eggs-12 @l5c. Poultry-Hens. 32c apiece: frying size, 20 c 22c. Potatoes-Irlsh. s1.oO@1.1s per busheI; sweet potatoes. 75@90c Lemons-Per box. $2. 50@3. %. Rice-No. 1. 6c; No. 2, 4hc. Peanuts-Per pound, k 06c. Pineapples-Per crate. S9 5O@27s t2.75; red kidney beans. ss. 90; Lima beans, bac per lb. Cheese-Per lb.. 14hc Bananas-Per bunch. H.7B92.Oo Onions-Per bushel, s5c Cabbage-Per h., Ihc Apples-Per bushel 50 O@sOc; per bbl, SA Cranberries-Per bbL, $1O. Celery-Per bunch, 35 Q6oc. Malaga grapes-Per keg. $4.50. Cocoanuts-Each, 4e. Florida oranges-Per box. S2.7S
 Provisions. Dry salted sides-7Bc. Lard-Leaf. TAG Meal-62i2 @65c per busheL oats-white. 6Og6Oc; mixed. soc Corn--White 72 9e e 75c per bushel. Salt-LiverpooL $1 per sack; Virginia 7%c; Michigan, 25O-pound barrels. Sl.75. Butter-Jersey. 2OG 26c; Tennessee coun- try, 25c. syrup-Fanoy. 4Oc: reboiled. soc. Floqr-Patent S5.7596.OO per barrel; straight, $4.75. sugar-Granulated. 4Ho; Y. c. 4K0 li7c: cut loaf. 6Ac. Arrow ties-45 lbs. $1.lO Jute bagging-2 lbs. 7h@7xc; I% lbs, "A e lac.
 Hardware. Nails--Wro. S2.6 Axes-S5 50Q Q6.50 Cotton cards-S4 bO. Hollow ware-Countey, 3Nc Chain traces-$4. O047.O0 Bellows-$4. .5OQlO.
 WOOdware. Half bushels-Iron- bound per doz s3 OO $2.6O Buckets-Two hoops. $2. IS: three hoopA 500; brass. red cedar, $7 .OO Well buckets-53 SO Washhoards-Sl. 75a25O
 Hides, Wool, Etc. Hides-Green salted, 6c; cry flint, II dry salted. lOc. Becswax-24c per poupd. shearing--l0 a2 2Oc cash.
The Montgomery advertiser., 1904-06-01

greeted witch the announcement of the fail- ure of q New York cotton brokerage firm in addition to which there were various re- ports of beneficial rains in the carolinas. Georgia and Alabama, where drouth has been complained of. As if adding insult to injury, the weekly crop report indicated that the new, crop was making fairly good progress as result of more seasonabie weather. Under this combined strain prices underwent sharp additional depre- citation. though the selling pressure was at no time severe.
 If appearances count for anything one might judge that most spinners have an- ticfpated their wants for the remainder of the old season, hence the absence of any thing like reasonable inquiry for spots. and as long as the regular trade can not be interested actively in actual cotton 1t will be task sustaining prices, especially with the new crop outlook improving.
The Montgomery advertiser., 1904-06-01
H. 6 B. BEERS COTTON LErTER.

tby Private Wire to Caldwell, Ward & Co ) NEW ORLEANS. May 31.--The weakness Of Liverpool over the holidays was instru- mental in causing market to open 12 to fl lower, but shorts covering shortly after occasioned an advance of [ to II on near months and to 10 on the late The weekly weather report was bearish and sub seQuently superinduced a quick break of 2S to 31 on old crop months and i2 to 1s on the new. Near the close values steadied slightly, making the net loss A to 45 points on old crop months since last Friday and 27 to 30 on the new
 Sentiment continues very bearish, owing to the poor textile trade conditions and the more favorable crop outlook. The agricuI- tural bureau will issue a report on Saturday giving the acreage another condition The general opinion seems to be that the in- crease in acreage will range from to 10 per cent and the general average condition will be about so per cent as compared to 74 per cent last year. It seems to be as pop- ular to sell now as it was to buy when cot ton was soaring upwards to fancy figures While the situation looks gloomy it must be remembered that the old crop options have declined over 5 h cents from the top and that the new are selling around 10 cents These prices are not extravagantly high and though they may sell lower 1t was appar- ent today that European spinners were free buyers of the fall months.
 If spinners are willing to continue buying new crop months at the existing level the chances are that sentiment may change when least expected.
The Montgomery advertiser., 1904-06-01
The leading futures ranged as follows:

July .. ....1i 27is 1175 11.27h 11.75 September ii. 55 11.97h II. 55 l1.95 July ~ ... 6.5O e.s5 $50 s.so September 6.67k 6.S2h 6.s5 6.77h
 Short ribs. per 100 lbs
 September 6.70 6.92h 6.65 6.921s
The Montgomery advertiser., 1904-06-01
TREASURY BALANCES
LOCAL WHOLESALE PRICE.

WASHINGTON. May 31-Treasury bal. ances. S163,149, 75s; gold, S6s.SO7, 305.
The Montgomery advertiser., 1904-06-01
LIVERPOOL COTTON FUTUREs.

LIVERPOOL, May 31.-Cotton futures opened barely steady and closed quiet and Eteady. American middllng. S. O. c.
The Montgomery advertiser., 1904-06-01
cash quotations were as follows:

Flour-Quiet steady.
 Wheat-No. 2 spring. 92@97; No 3, s5 q 96; No. red, 1 .0501.O6. Corn-No. 2, 4s@4S1s; No. yellow. 49 @4sk.
 oats-No. 2, 4OM@4O No. white. 41 @43
 Mess pork, per bbl, 116OGt1.65. Lard, per 100 lbs, 6.5016.52h. Short ribs sides, Iooses 6 6.50G6.75. Short clear sides, boxed. 6.50q6.75. Whiskey, basis of high wines, 1.2S.
The Montgomery advertiser., 1904-06-01

NHtENH H-E4N4NIH n IT NNVN IgHUINEs CINCINNATI, May s1.-Flour dull. Lard quiet. 5.S5. Bulk meats easy. 6.25. Bacon easy. 7S7k. Whiskey firm. 1.2S.
The Montgomery advertiser., 1904-06-01
NEW YORK COTTON FUTUREs..

NEW YORK, May 31.-Following were the quotations on the cotton exchange to-