davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-03-03

against i.Iso. 500 last year. l,oe2.226 yeal before last and s72,ele same time in lsoIi and Interior stocks in excess of those held ai the commencement of the season. 306, ,273 against 26o. Io7 last year. Se6.a44 year be- tcre last and Se7. 6oe same time in 1901. To make the total movement of the cotton crop brought into sight during the six months s.s2o. 36o last year. e.77A.5e6 year before last and S.2262le same time in ieoi.
 Northern spinners took during February 272.2l2 bales. against 2S4, 65e last year and 236.499 year before last, increasing their to- tai for the six months to .6o9 447, against l,6is.6i2 last year and I.634. 626 the year before. This makes their average weekly talk. inss for the season 65. 325. against 62.63e last year. and 69.373 the year before.
 Foreign exports for the six months of the season have been 4.ele.47s bales. showing a decrease under last season of 2ta-465. and q decrease under the same period year before last of 200. 2e3. The loss in foreign exports during February compared with February lsst year has been S57.9e3, and compared with the same period year before last I9o ooO.
 Stocks at the seaboard and the 20 leading southern Interior markets at the close of Feb ruary were 966. o79. against i.o76,4i0 the before.
 Including port and interior town stocks left over rom the previous season and the number or bales of the current crop brought into sight during the six months the supply has been s.e54. e63. against e.o444 ASA last year and g, ,2s2 the year before.
 Up 10 the close of February last year S2- S-IUO per cent of the cotton crop had been marketed and for the same six months in l9o2 the percentage of the crop brought into sight was e2 i5-ioo. and for the same time 1901 the percentage was 70 21-lfl0
The Montgomery advertiser., 1904-03-03
WALL STREET. REVIEW
MARKET CONTINUES FLAT AND
 LIFELESs.
Feeble Oscillations Not Sufficient to Offer Any Margin Over Com missions and Outsiders
 Show no Interest.

New York. March 1.-The stock mar ket continues fiat and lifeless. The feer Dle oscillation in prices is not suIncient to offer any margin of prices over the expense of commissions and the conse- quence is the entire absentation or any outside interest
 There is no prospect that the collateral results upon the financial markets or the war in Eastern Asia will be any- thing but very gradual in their devel- opment. One of the immediate influences upon today's market was the unsolvtd doubts over the outcome of the Paris settlement which is still in progress: While no trouble has yet developed. lne apprehension on the subject is not likeiy to be aiiayed until the conclusion Of tie payment of the account, which are due tomorrow. Both Paris and London labor, ed under this disadvantage today and reflected some influence upon New York. Current railroad earnings are discourag- ing. Heavy decline in January net earn- ings continue to come to hand. the Penn sylvania lines and Lehigh Valley being today's conspicuous additions to the list Southern Railway made better snow . ing but the stocks got no beneht from It. The lack of pressure upon railroad stooks on this account argues some confidence amongst security holders that the unia- vorable condition IS temporary onc' but the clearing up of weather conditions will be necessary to confirm this nope. The money market future Is another un- 
 and reserves continue to ISle up in New York banks Tn spite of some reported demand upon Chicago banks from the interior and a resulting fall in New York exchange at Chicago. There was trans fer of $100.O00 to that point today. It Is possible that interior Government de- positories are remitting to New York in readiness for the return of per cent age of their deposits in connection wi h the Panama canal payments. The move ment of gold from New York to Argen- tine inaugurated yesterday is another factor in the problem. It's present sIe- niticance is that London is able to call on New York for payment of It's South American debt. notwithstanding the enormous merchandise balance of the lact few months for which payment was due us. The war in freight rates, the pros pect of a soft coal strike, uneasincss over the conditions of winter wheat and the impending Northern Securities de- cision must all be held in mind to un- derstand the apathy of the market from day to day. The movement of prices to- day in detail is not worth analysis.
 Bonds were firmer, but dull. Total sales par value $l l,120.O00. United States bonds were unchanged on call.
 Wa-w YnFh SknnIr TJaf
The Montgomery advertiser., 1904-03-03
MARKETS FOR FUTURES sDEMAND FOR SPOTS HAS ITS EFFECTS. Manchester Spinners Receive 1nquir- ies for Goods From India and China-Gain of 4S Points
 on March Position.

New York, March 2.-The cotton mar nyet opened steady at an advance Of 4q9 boints on scattering demand for both ac- counts, promoted by the rally in the Lav-, krpool futures market and the good sales of spot cotton reported at unchanged prices. Futures there at first had been nisappointingiy low but by the hour of the local opening had advanced to a hr- kie better than the expected level and Drivate cables ascribing the, large spot, sales to demand from Manchester' spin fers resulting from a better tnQhiry for, goods from India and China, also had bullish effect on local sentiment. Still Ahis was at first a general idea that the market should have reaction and de- tnand was not anN aggressive. For the first hour in fact prices ruled very irreg- hlar, fiuctuating around the opening fg- Rires and last nights close. Toward mid day, however, the local bull leader en- kered tho ring and began bidding aggres- kively all along the line. There was lit- lie cotton for sale, apparently and the market responded readily. During the balance of the session there were occa- Etonal but narrow reactions under spurts of realizing but generally speaking the Tendency was upward and the market plosed firm at practically the top for the season. The net advance was 13d4S points with the greatest gain on the March position. Sales were estimated at Dg0000 bales. Receipts for the day wero Father over early estimated but exports exere larger and q report that 4.000 hales had been sold for export out of tho local NkOck late yesterday lent color to re- ports that export demand was slightly Improved although the spot people are Still complaining of indifferent buyers. There seems to be an idea, however. that Hhe advancing tendency of spot cotton will stimulate buyers of goods generally and that this demand will force the mills Into the market for supplies of raw cot ton. The market was also flooded with private Liverpool cables telling of a bet ter business in cloths In Manchester help ing to establish the advance. The fea- ts1re of the days business, which was for the most part of professional character was the purchase of a block of 16,000 March against sale of a like amount of May by the local bull leader. This trans action had a tendency to remove appre- hensions of depression from unstopped notices. later in the month and also
 helped in a nominal advance in spot
 prices. The Southern spot market was
 generally firm to 1-4c higher, but were
 quite as generally quiet with the excer-
 tion of New Orleans where fair sales
 were reported.
 Receipts at the ports today were 15, l3S
 bales against 13,376 last week and 29.0lS last year. For the week 55.000 against 64.Sn last week and 145,575 last year. To- days receipts at New Orleans were 5,s59 against 10.70S last year and at Houston 2,313 against 5.214 last year.
The Montgomery advertiser., 1904-03-03
H.. .s B. Beers Cotton Letter.

(By private Wire to Caldwell Ward & Col
 NEW ORLEANS, March 2.-Notwithstand- ing early Liverpool advices were barely up to expectations. our market opened IS to I7 points higher, but shortly declined on real king. The later firmness in Liverpool the continuance of light receipts. the improvement in English consols and French rentes and the good demand for spots at advance of one- quarter of a cent, subsequently brought in a to 33 from the bottom. Near the close room traders taking profits. superinduced a slight recession. making the net gain A to ~ points on the day. The port receipts for five dayes aggregate 47.o0o, against lo5. GOO last year and the semi-weekly receipts at the l3 leading interior towns were 32 900. against 44.o0o last year. The sales of spots locally were 7,s5o bales and Liverpool re- ported 1000. showing that exporters and spinners were free buyers Liverpool cables say that Manchester is active and doing a large business. Spinners are therefore ex- pected to be free takers of spots for the im- mdiate present as India and China buying cloths. The general opinion is that values will seek higher level. The fact that Liv- erpool represents the European spinning inter ests and Is bull1sh. naturally stimulated the optimistic sentiment prevalent in America
 spots and pessimistic advices from the in- terior about the next crop outlook. It is claimed that there is no season in the ground in Texas and that preparations generally are backward throughout the South owing to lack of moisture in the soil Barring international complications it looks as if prices will be maintained or enhanced. as long as receipts are on a decreasing scale and there is a good demand for spots.
The Montgomery advertiser., 1904-03-03
G. E. Pierce & Co.'S Cotton Letter.

Asy Private Wire fcsorn C.SWa Lee 6 Col
 NEW YORK. March 2.--AccortSng to the views of the best informed on the local market there Is an extended long interest tn the mar ket all concentrated and an equally extended short interest This short interest is get. ting somewhat nervous and inclined to cover on any opportunity. The strength of Liver pool and tho big sale of spots there proved the feature this fmoping. Owing to this strength the more iH1porfent Interests were above the high point yesterday, There was less cotton. for sale as pficesS advanced and as shoIts became nervous 1t vas more diff cult to trade: Reports from'the south seem to indicate that, very little cotton Is back in in terior and In this event 1t wIl5be hard work to get cotton later, onR Wkiid the market yesterday was very unsatisfactory and prices acted as though a break. was likely all this disappeared this morning and the situation looked better. When Liverpool advanced every one bought. and this helped As far as the outlook is concerned nothing to sell cotton and would buy on any break
The Montgomery advertiser., 1904-03-03
Daily Cotton Market.

NEW ORLEANS, March 2.-Cotton steady; sales. 7.85o. Ordinary, 2 1916; good or dinary. I4h; low midding, I4% middIing, fSh; good mddling, l5 7-l6 middling fair IS I3-I6. Receipts. 5S5e; stock 366, 3o9 V GALVESTON.-Quiet; miadling. I4%; re- ceipts 6.e45; stock. 6e,94I.
 MOBILE.-Firm: midding. l4A; sales, 500 receipts. 53; stock, I,776.
 SAVANNAH.-Firm; mlddlng, IS; sales l6: receipts 525; stock, 54,I7I
 C9IARLESToN.-F:rm; middling, l5h; re eeipts IT.; stock, 6,632.
 ILMINGToN.-Stcady; mddling. IA; re ceipts, 32; stock. 2.532.
 NORFOLK.-Receipts 400; stock I2 300 BALTIMORE.-Noinin middling, I5 50 receipts, 9I7; stock. 3.3I7.
 BOSTON. .niddling. 60; net re ceipfs 225; gross, l.tl4.
 PHILADFLPHIA.-Stc middling, I6 receipts, 2So: stock, 2.3S2.
 ST. LOUIS.-Firm middling. l43s; receipts g. 555; stock, 2l,90I.
The Montgomery advertiser., 1904-03-03
Caldwell Ward 6 Co.'S --arket Letter
 - COTTON


 MONTGOMERY. March 2.-The advance in !he cotton market ,o-day has been somelh hing of surprise to the bears who based on the closing last night that we would have lower prices to-day Liverpools opening was about as expected, but the market while narrow, held firm and closed strong to 7 above last night. The New York market has been very steady during the day With exception of a slight decline just after the opening. has advanced almost steadily be- ing we'll supplied by the bull leaders as well as Philadelphia interests who have been ac- tive The interests of the trading public in this market is very small. and the little busi- Tess recently Is quite of professional nature so that the market ts very sensitive and cas- lily manipulated but the statistical position of cotton Is growing stronger daily so that While we may have some Impressions they can only be temporary as the interior movement is the key to the situation and 1t Is now be- coming recognized that tn, smaller receipts are due to an exhaustion of interior hold ings New York's closing to-day was very strong ard around top prices and every thing points to higher market tomorrow. On New Yorks closing Liverpool is due to coma l3 to IA up Thursday.
 GRAIN.
 Liquidation in grain and provisions evident ly run It's course yesterday, and the natural reaction followed to-day. Cables were unex- pectedly firm and the wheat news generally was of a buish sort. The advance in the other pits were more the result of exhaustion on the selling force and In sympathy with the leader than on any developments in the news cash situation.
The Montgomery advertiser., 1904-03-03
New York Coffee and guvo,

NEW YORK. March 2-Coffee spot Rio steady; No, 2 invoice ls-le; mild steady; Cordova. 100 3, Sugar raw firm; fair re- lining. 2Ba2 e-32; centrifugal e6 test, 3%6 3 3-32: molasses sugar 2%d2 1892; refned quiet. The market for coffee futures opened
 steady at an advance of 5Glo points on however, in spite of bullish estimates as to the March movement very limited and later the market lost part of the advance
 under moderate selling under trade influences dicated showing of the worlds visible supply which is now expected to show a decrease of only about l25 1000 bags against a decrease TOT the same month last year of about 25o ooO bags. The market closed steady at un- changed prices to an advance of 10 points. Sales were 40 900 bags. March. .4oa5 AS; September, 6.2oq6 25: December. asa
The Montgomery advertiser., 1904-03-03
Chicago Grain and Provisions.

CHICAGO, March 2-Alarm, officially ex- pressed. for winter wheat, the railroad strike ln AIsentlne and prospects of cold wave combined to-day to create strength in wheat Closing prices were about the best of the day May being lh above last night: July oH eorn on1 7sgS. oats ha%. and provisions 2h to <<h higher Perhaps the feature that at- uacted most attention from wheat traders was the government crop report which in It's gem eral summing up of the appearance of winter wheat stated that the condition of the plant was unpromising over much the greater part CT the wheat belt because of severe weather without snow covering. The seriousness of cable dispatches from Liverpool stating that fear of curtailment of shipments from Ar gentina on account of the strike caused rela- tive strength in English markets in the fact or sharp decline here yesterday. Under these influences the market opened strong with VIII, May up to IAc at es% to es and July $ to % higher at 92h to o2b May soon lost it's initial strength, developing de- cided weakness on general liquidation, Before any support came out 1t had gone to e7k. With the timid longs quite thoroughly sold out, offerings became scarce and the price gradually worked toward a higher level. The more distant deliveries held firm in spite or the early decline in May commission houses being active buyers of both July and september Among the features was a marked improvement in the export demand The prospects of a cold wave in inc south west gave added zest to the buying. the vol ume of business reaching a large total After selling up to 9sh, May closed at 9eK July closed at 94A Clearances equaled 77.6Uo bushels. Primary receipts were 626, 900 bush els agaiDst 43o.oo a year ago. Minneapolis Duluth and Chicago reported receipts of cars. against 2eo last week and 32o a year ago.
 Weakness prevailed in corn during the opening hour. due to heavy liquidation. There was large amount of long stun thrown or the market and with only a small demand prices declined rapidly. The main factor fir bringing out the selling orders was the weaE Liverpool cables. The strength in wheat
The Montgomery advertiser., 1904-03-03
c. E. Pierce q Co.'S Cotton Letter.

Noy WI 70 tiOeft & Clay.l
 NEW ORLEANS. March 2-The chief item In the cotton records from Liverpool to-day consisted of transactions on the spot amount ing to 10000 bales at unchanged quotation, which indicated desire amongst traders to secure what actual stun is available on any favorable opportunity. Private cables ex- plained that spinners were displaying some anxiety about subsequent necessary supplies and were giving attention to forward deliver les. In the trading here. there was a dis tinct tendency toward conservatism, though prices advanced steadily under the influence of favorable foreign advices, and the develop ments of better inquiry for spots, while the continued smallness of the movement pro. vided an additional stimulus. There was nc pronounced opposition to the improving course and the tone was characterized by frmness throughout the session. With indications pointing to partial confirmation of small crop ideas. the market is not likely to record a continuance of such large spot deals as ob- served in Liverpool without assuming a rest less disposition. yet there are so many arti- hcial features serviceable for adverse purposes such as pertain to the Eatern war and possible European political complications, etc.. that the great caution.
The Montgomery advertiser., 1904-03-03
wAREHoUSE&
New Orleans Cotton.

NEW ORLEANS, March 2.-Cotton active. f1rmer and higher; offerings limited Sales. 7,65o. including 1850 to arrive. Quotations advanced A. Futures opened e4l7 points higher At the outset shcrts covered freely and there was some heavy buying by professionals.
 lrices moved up gradually until near the close of the session. March opened at l4.96. and sold up to l5.25: May opened ai l5.4o sold up to l5.72. and July opened at i5.S3 and sold up to i6.f6, the active positions closing in a point or two of the highest figures of the day Net gains were: March to July iuclu- sive. Al to 47: August, S2; September, 45, end October, 2I points. |.
The Montgomery advertiser., 1904-03-03
Marine News.

KEY WEST. March 2-Arrlved: strs Shin necock. Rowland. Miami and returned: Mas cotte, Allen. Port Tampa and sailed for Ha- vana; tug Massaoit, Tortugas; schr Louise Hastings, Mobile.
 NEW YoRK.-Arrived: NeapolItan Prince. Genoa. Sailed: Majestic. Liverpool: Ar menian. Liverpool; United States, Christiane- end.
 CHERBoURG.-Arrived; Pennsylvania New York
 ALEXANDRIA.-Arrived Republic Boston. LIZARD.-Passed: Cambran, Boston, for London.
 LIVERPooL-Arrived: Friesland, Philadel- phia: Iona, St. John. N. B.
 soUTHAMPToN.-Sailed Kaiser Wilhelm IL, New York.
 GENOA.-Arrived Paatia New York Sailed; Nord America. New York
 NAPLES.-Sailed: Peruga. New York: Prinz Adelbert, New York.
 NEW oRLEANs.-Cleared: strs Chalmette. Blrney. Havana; Carrigan Head, Br. Orr, Belfast; Colonan, Br.. Bullock. London.
 PORT EADS.-Arrived: Strs. Nor, Nor. Olsen, Vera Cruz; Beatrice. Nor Christoffer- sen, Bocas del Toro; Belvernon. Nor, Olsen, Fort Limon. Sailed: strs Comus, Kemnro' New York: Electrician. Br., Dean, Liverpool; Bark Mathilda, Nor. Schberg Gulfpoit.
The Montgomery advertiser., 1904-03-03
Yarsas Citv Live stnck

KANSAS CITY. March 2.-CattIe-Receipts 1000. including 500 Southerns Market Iod 4 6od5 40; fair to good. 3 75a4 SO. West ern fed steers, 3 5oa4. 60; stockers and feed CTS 3ooQ4 30; southern steers, 3. 5o04. 10 Southern cows, 2.4o93 25; native cows, 2 .oC Q3.65 calves. ooaa 60
 Hogs-Receipts, $500. Market loc low CT Top. g, 37i2; bulk of sales. 4 4.eoa5. 30 and lights, 4.25G5 20.
 Sheep-Receipts, 4ooo. Market steady Ma tive lambs: 5oog575 Western lambs. 5.ot yearlngs, 4.s5q5 20; stockers and feeders 2.75Q3 20
The Montgomery advertiser., 1904-03-03

however. caused an improved demand and as the session advanced the market became stronrer Reports from various Illinois points of deterioration and prediction of a smaller movement were influences that lent support. The close was at the top. May opened hc between 53ss and 55sq55k and closed at the latter figure. July closed at 54 after selling between 52h and 54. Receipts. IsS cars three contract.
 oats were extremely weak early The active selling started by the principal holder
The Montgomery advertiser., 1904-03-03
virgin a Faunce's Cotton Letter.


 NEW YORK, March 2.-Cotton futures in the local market to-day opened steady in tone with first prices at an advance of 4 to g points The gains were the result of moderate buying for the account of shorts. although some of the buying orders were traced to the bull party. The Liverpool advices reflected steadier abroad. and the advices from the South regarding the spot markets were i'm proved: Private cables from abroad told of a better business at Manchester with India and China, and this information discouraged the shorts, The trade was rather narrow in It's entirety but there was fairly good under tone for the most part. It was openly stated that Sully was working for better prices. and some of the observers agreed that his buying was the feature of the general market. His purchases are estimated at high figures for the past two days. and naturally the shorts at times appeared to be rather uncertain. The late market was little irregular, but gen. erally there was a good updertone and the bullish interests seemed to be confident of their position. The estimated port receipts for the day were i4,ooo, against 2e.olS for the same day last year.
The Montgomery advertiser., 1904-03-03
Secretary Hester's Worlds Visible

NEW ORLEANS. March I.-Secretary He's ,ter,s New. Orleans Cotton Exchange state ment issued to-day covers the monthly move ment to the close of February.
 Compared with last year 1t shows decrease fo rthe month in round figures of IA 900 crease of 43, 900, and with eoI an increase of 3o.ooO.
 The total fR February was 7oo,5I2, against sA4. 474 last year. 743. 32o year be- fore last and 67o.7 749 same time ile 1901.
 The movement from September lst to the close of February inclusive, shows receipts at all United States ports 6,426. o63. against oo4o,S S96 last year. 6.469,9i6 year before last and 6,665, o63 same time in 1901; over land across the Mississippi. Ohio and Poto- mac rivers to northern mills and Canada, 740,- 93s, against S47. .s57 last year, s77, ,477 year before last and 992 e2S same time in 1901 southern mills takiRgs. exclusive of quantity consumed at southern out-ports I.2l3, 500
The Montgomery advertiser., 1904-03-03

NEW YORK. March 2-cotton quiet; mid sales. 4,ooo: stock. 30 eos. Total to-day: Net receipts. IS. l53; exports Great Britain, IT, 2os: continent. 7.734; stock. 625. I4o. Con- eolidated: Net receipts, 47,426; exports Great Britain, 3s.sl2; continent, 23.sI2; Mex leo. l.6o3 Total since September |: Net receipts. GAPS 5se; exports Great Britain, f.o53.4 .452: France. 634, 6 | |; continent, 2224, 7e9; Japan, a7. Iss; Mexico. 23. 3.97I.
The Montgomery advertiser., 1904-03-03

was followed by realizing sales and for of the big interests began to reinstate thelT Ines, which caused change in sentiment anu light on the upturn resulting in a small mar ket. May opened 7sc lower to Ac higher at 4I%d42k. ranged between 4 and 42% and closed at 42I5Q42A- July closed Ssc higher at 39A. Receipts, l73 caIs.
 Provisions were subjected to heavy hquidAr
The Montgomery advertiser., 1904-03-03
New Orleans snrar.

NEW ORLEANS. March 2.-Sugar steady; open kettle, 2&63 3-l6; open kettle centri- fugal, 3d3&; centrifugal whites 4M; yellows. 3hq3 5-l6; seconds. 2ha3 3-I6. Molassess nominal; open kettle, 2oa26; centrifugal IO els. Syrup. 2oq25.
The Montgomery advertiser., 1904-03-03
Local Cotton Market.
Daily Market.

Tn the local cotton market yesterday mid ding was quoted at 5 cents.
The Montgomery advertiser., 1904-03-03
New Orleans Cotton Futures. NEW ORLEANS, March 2.-Cotton future

New York Cotton Futures. NEW YORK, March 2.-The following were he quotations on the Cotton Exchange to-
The Montgomery advertiser., 1904-03-03
Treasury Statemr-Rk.

WASHINGTON. March 2-Treasqty be- ances. s22s.2Is.s5e; gold. slo2.2T9.1os.
The Montgomery advertiser., 1904-03-03
LiverpooJ Cotton Futures.

LIVERPOOL, March 2.-Futures opened steady and closed firm. American middling