davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-01-08
WALL STREET. REVIEW
MORE SOBER VIEW or FAR
 EASTERN SITUATION.
As Result There is Moderate Recovery of Prices-The Mar ket is Sluggish and
 Listless.

NEW YORK. Jan. 7.-Today's stock market rehected more sober view of the conditions
 growing out of the war crisis in the Far East The result was moderate recovery from the fall of yesterday and its accompany ing war news by way of Philadelphia and San Francisco War news continued something of . factor in all the speculative markets and wheat rose and cotton fell in response Lon- don already has used some recovery from It's early decline before trading began in New less. The standard stocks moved very narrow ly and did not maintain the positions. reflect ing the shifting operations of professional traders seeking merely to follow prices There were wider movements In a collection of minor stocks. principally among the railroads. but embracing some of the low-priced industrials as well. United states Steel preferred was ings when its gain had reaphed K melted away in common with 6 reaction News of the day offered no explanation q the hrmness of stocks. leading trade authority reporting a waiting attitude on the part of buyers of hn- ished products in the confidence that they could cover their requirements at ease. Some thing was made of the argument that the selling of the steel stocks already had dis counted the condition of greetest depression and that economies from wage reductions are to be felt for the first time. The advances in specialties were without explanation beyond @ reiteration of former rumors of the destined purchases of control of Chicago end Alton and It's share in a combination of minor rail- roads. Amalgamated Copper showed tempo rary frmness in face of the heaviness of the general market and then weakened decidedly on account of reports of a judicial holding a minor point in one of the company's numerous litigation. The stock scored a loss of all kinds of loans. time funds being offered in abundance at A. per cent. except where large proportions of industrial collateral were sought to be included. This removed any obstruction to the advance in sterling exchange, while the advance in discount rates in London helped to lift sterling The Banks of England and of France exhibited the large repayments of loans usual after the turn of the year, and the English institution gained in gold on the return from domestic channels. The Bank of France, however. showed c loss of S2. oOO 900 in gold. This makes the more remarkable the advance In the sterling rate In Paris which occurred yesteday in face of the war scare One of the unsettling influences of an outbreak of hOstilities which has been most feared was large withdrawals of French capital now in- vested in London discounts to take care of French holding of Russians. The market closed rather easy with reactions.
 Bonds were dull and irregular. Total sales tpar value). Sl.65o. .ooo United States bonds were unchanged on call.
The Montgomery advertiser., 1904-01-08
New Orleans Spot Cotton.

NEW ORLEANS. Jan. 7.-spot market very quiet offerings light and buyers holding of
 Sales 300 bales, including 400 to arrive; de- livered on contracts 900. Quotations A lower
 Futures opened irregular; prices 10 points higher to lower, Soon after the opening London cables reported a decline of 1916 In consols This caused something of panic and weak longs threw their holdings over board in the most reckless manner and bears hammered prices vigorously Later in inc morning there was recovery of several noints on buying by the bull leader who bid i o5 for 25,oo0 bales of March, No definite news in regard to the war situation was received and the only bad feature in this direction was the decline in consos. Late in the morning cables said that consols had recovered SIS and this immediately had a favorable effect on prices. In the trading May first advanced s points to l3.54. then fell off 25 points tn ! B. 2e. advanced to 1865 and then fell of to 1851. Other months showed similar fuc
 tuations The market closed firm with net gains of eqlI points '''
The Montgomery advertiser., 1904-01-08
c: E: Pierce 6 Co.'S Cotton Letter.

tDy EVNate WHe From 9ibert q C1ayl
 NEW ORLEANS, Jan. 7.-The cotton market
 was surfeited with war rumors today and this
 item of information seemed to satisfy the ma
 9ority Of capacities. prices were pounded
 With an energy that might have been applied
 10 advantage in some mechanical industry
 where extra horsepower is the essential reuui- site The assaults were not dealt without en- countering substantial resistance. however and
 It is probable that opinions have underxoue a cnange for the better as a result of the days developments. Liverpool simply manifested a fear about taking the initiative in any direc- tion, but cables stated that war was highly probable and late messages conveyed the ru- mor that hostilities had actually Commenced between Japan. and Russia. Prices here were kept in feverish state throughout the ees- sion Selling was effected on an enormous scale at the opening, but the steadiness of consols and rentes combined with diminishing stocks at larg einterior towns furnished the inducement for liberal buying at the decline after which the market displayed a fiuctuatine tendency. The majority of traders would vel come an immediate declaration of hostilities IT war Is going to occur at all between Japan
 ana Russia as suspense is thought to exert a
 worse influence than the actual occurrence
 would But if receipts should show a posi-
 i've tendency to drop of in conformity with
 the 9oyernments estimate all other features
 VIII lose importance and 1t win do to keep this in mind. E
The Montgomery advertiser., 1904-01-08
c. \. Pierce 6 Co.'S Cotton Letter. ,fFsv Private Wire From c. W Lee q Col

NEW YORK, Jan. 7-The early break today carried the price within 2 points of the bot lfs7SS Below l3 cents there buying of the bnFknr sort and this turned the market to l2 ao. Tn other words. prices broke 40 points eelsy and advanced 40 points later, a total eT,r{r,aflnn of over A of a cent in less than fNSo. hours. This record is enough to startle allv one 1t Is no market to have much to do wifh until 1t gets quiet and gives buyer a r1.ssSl.e for his money. With such fluctuations SS a shav chad this week. 1t is enough to .salFa holder sell out and only buy on such ' a~naah as we had this morning. Below 3 -es.sz fhe outlook Is a little different from Shaf around l4 cents. We cannot believe in zr,vfsaR on advances and think holders should es1se from every uptnrn enough money to re- s-sv 1oossible mistakes in the future. For a sgissle the market should be purchase on good t,rgsatn. below 8 cents. In the event of war -,.f continued large receipts. there can readily S.s < serious break which will cause an anxiety
 nj for a while we are inclined to be less
The Montgomery advertiser., 1904-01-08
Naval Stores,

WILMINGTON, Jan. 7.-Turpentine-Nom nal: receipts. 5 casks.
 Rosin-Firm at s2. IS; receipts, 35.
 Tar-F1rm at $l .6o
 Crude turpentine-Firm at g 25a3 30; re- ceipts, 4
 SAVANNAH Jan. 7.-Turpentne-Firm at 69; sales III; receipts, l45.
 Rosin-Firm: sales 2.57I; receipts. 2.635; exports, I,o25; A, B, C, S225; D, S2. 30; F, S2.35; c, S2.4o: II, S2.65; I, s2.S5; K, s2. 90; M. S2 e5: N, S3. 10; window glass, S3. 30; water white. S3.5 55.
 CHARLESTON. Jan. 7.-Turpentine-stesd at 56&.
 Rosin-steady; A. B. c. s2I5; D. 2.2o; E. S2.2o; r. S2.2o; G. g 30; H. g .35; l. S2. 50; K, s2.75; M. $2 90: N. SS; window glass. S3 20; water white. $3.45.
The Montgomery advertiser., 1904-01-08
caldwell, ward 0 Co,s Cotton Lsttsr.


 NEW ORLEANS, Jan. 7.-Liverpool was not as unfavorable as expected, consequently our market opened S@lO points higher on the near months: but declined 36i2 on the late months ana sunsequently eased off I2q26 additional on continued liquidation, owing to rumors that nostitities had begun in the East. The later improvement of k@5-I6 in English consols, presumably on more peaceful news ocasioned an advance ot 3t t39 from the bottom. Room traders taking | ohts later in the session caused slight recession. This, however was only temporary because shorts covering and feverish buying near the close supeiinduced sseaoler Ia feeling making the net gain 100 lz points nth enear months and about 6 points on the late. Cables from Liverpool to- day stated that market was idle and trade paraiyzed, owing to the recent wild huctua- tions and to indications of war being highly probable between Russia and Japan There is no doubt that cable advices from the East have been very discouraging and have been in- strumental in forcing heavy liquidation during markets of the world. in which cotton is han. died. Notwithstanding many traders have sunered from being so extremely optimistic ana dtsregarding all unfavorable features sem timent Is still very bulish and predictions are freely made that values will ultimately seek A higher level tha nthose prevalent before the break. It is claimed that the movement will soon snow marked falling off, and that spin ners will be compelled to enter the market freely when t is established beyond a doubt that the crop will not exceed 10, GOO 900 bales It IS well. though, to remember that prices in .h .ne Iuture VIII be regulated more or less by the Eastern imbroglio. the receipts and demand Tor spots The market technically Is in A healthier position in consequence of the long interest having been reduced considerably and therefore any encouraging factor is ant to have a favorable effect on yalues The fu ture business of our exchange will be sus- pended tomorrow, in honor of the anniyersarv or the Battle of New Orleans, but trading on the curb will go on from a. m. until p. m.
The Montgomery advertiser., 1904-01-08
-ProprietorS,

oearish after a break below l3 cents. If war Is declared, do not buy cotton The situation may change to such an extent that prices the cotton situation to encourage buvine for higher prices. There should be money in buy ing on breaks for turn but 1t must not be ,,oIso'ten that the bloom is off the rye and 1t prices. VI 'O"N
The Montgomery advertiser., 1904-01-08
Ne-1 York Dry Gnods

NEW YORK. Jan. s-The dry goods mar ket is outwardly very quiet, but there Is con siderable inquiry and more or less of an un- dercurrent of activity resulting from buyers. who are in need of goods for immediate deliv-
 cry. The outlook Is for increased buying as
 soon as a little more light is shed on the raw cotton situation.
The Montgomery advertiser., 1904-01-08
Can You Answer 1?

As<1u \ Ou AAIoWOA
 On what basis are the best per cent. gold bonds selling so-day1
 What will a 5 per cent. 20 year gold bond be worth twenty years hence wheninterest rates are much lower1
 On what terms can you buy q per cent. 20 year gold bond deliverable to you in ten, fifteen or twenty years or to y0ur estate at once in case of your deaths
 Aadress. s.saigg ysur sss and the amount of asm g ynhoA lEAaAEsF. M0utGOmSz
The Montgomery advertiser., 1904-01-08
Caldwell, Ward A Co.'S Stock Letter.

MONTGOMERY. Ala, Jan. 7.-The stock market closed rather dull. It seems to be gen- to to be & great deal in 1t, as the public is not In 1t at all. All that the public is specu- iating in are commodities. Copper sold of a bit and the talk that 1t Is to double its divi- public seems to believe the talk that a deal Is on between the Union Pacific and the AL ton. good rally might be brought about in time on the short interest. But the market at best is rather a small affair.
 New York Stock List.
The Montgomery advertiser., 1904-01-08
St. Touis Proviaione.

ST. LOUIS, Jan. 7.-Flour-Steady.
 Whiskey-Steady at Si.3lM.
 Pork--Lower; tobbing, Si3.4o. Lard--Steady; steam rendered, S6. 55. Bacon-Lower; boxed extra shorts $7.37h clear ribs. S75o; short clear, S7.76.
The Montgomery advertiser., 1904-01-08
csla---" word 6 Co.'S Cotton Letter

MUNIGUMERf, AIa., Jan. 7.-Finding Liv- erpoi cables better than expected and the es- inmates for receipts at the ports very light opening fairly good support But soon more or less selling developed on the rise as the news regarding the situation in the Far Fact was so threatening Shortly after the open ing call most of the early gains disappeared And some stop loss orders were caught which materially Increased the decline until May ana July sold about l3 cents. May going be- low. At these prices liquidation seemed to be over and the free selling by private wire houses was checked. The shorts became ner- yous and heavy covering son ran prices up rms IS very sensitive market and develop ments in tf .. Far East arc watched with great anxiety. T - impression prevails that on a declaration of war we will have decided drop Tor the time being before the final advances are in. Advices from parts of the cotton belt indicate an early falling in spots while hold CTS are firm and little offering Spots quoted in New Orleans at 1874
The Montgomery advertiser., 1904-01-08

day. Europe was a seller all day and in the early afternoon Wall Street bulls and cotton houses liquidated heavily, their selling being based on the unfavorabie nature of news from the Far East. The pressure brought about sharp reactio nand the close was barely steady at net decline of i5@2o points. Sales. l45, 900 bags
The Montgomery advertiser., 1904-01-08
New Orleans Sugar.

| NSW VI168ub oUkdI. | NEW ORLEANS, Jan. 7.-Sugar-Quiet; open | kettle. 2&Q3; open kettle centrifugal, $40 37-i6: centrifugal whites, 3 l3-l6; centrifu- gal whites. 3%Q3 l3-l6; yellows. 9k@3 l-I6;
 seconds 2h03k.
 Moiasses-ouet: open kettle. 2i92e; cen- | trfugal dull. 79te. | Syrup-Dull at 23927.
The Montgomery advertiser., 1904-01-08
MARKETS FOR FUTURES
0RENINu CAIN DUE TO THE
 CABLES.
New xork's Response Not Consider cd Satisfactory, However, and Sharp Selling Movement Sets
 in-Gains at the Close.

NEW YORK, Jan. 7.-The cotton market @r1red steady at an advance of e@I7 points. #}liH gain more directly the result of 4&1fe advices from Liverpool. which were of H better class than required to match the N3pstnB of the local market the previous day. x,1t tho extent of the response at New York ~&e not considered satisfactory and active sell HMg movement set in. This resulted in a sharp NHciln1 that carried the trading level down to g net loss of 7@25 points as compared with fh 1cEczfng figures of the previous day. Then Followed sharp rally with the market finally FzeaHy at . net advance of io@l4 points. On the decline there was heavy liquidation and <1ue pretty energetic selling by the bears, who &prsaR % be on tbs watch forc renewed efforts &ne G1ellne the bull leaders instead of selling, 70 many expected they would do, became ac- <ly9 buyers and immediately started in to &4seTs At the same time more peaceful turn n tho Russian-Japanese affair, as locally in- f<FNTEted started a new buying wave from &s<tN<1e sources and for time the market was #ffT active with local shorts eager to cover 4heix sales of yesterday and this morning. &4W Ufleans figured as a heavy buyer As in sik&<ed by the total transactions the market #AR sass than one-half the record for activity, NEk closed with tirm undertone at the ad- *M1cp noted. Sales. 700. 900 bales. estimated.
 &&esspkE at the ports today, 3,e4I bales, nfTazNzk Ae, 29c last week and 33.033 last He&& For the week, 225. 600 bales against HaT.F44 last week and 27S.I79 last year.
 Atz&xsn receipts at New Orleans were e.777 taIe2. against [ | POI last year and at Houston 1o.A44 baiess against e.o24 last year.
The Montgomery advertiser., 1904-01-08

Cash queNAions were as follows:
 No. Spring wheat s2Gs4; No 3. 7s0so: No. red. e319s.
 No. corn. AK; No yellow. 46.
 Mes: si pork. pork V per SSl. SIS SIS i2s@isss~ i: S~''"
 Short f!O side. docse5' ss. s7Sss:s2H Short clear sides (boxed), S0.62h@6.75. Whiskey. basis Of high wines Sl.27. Daily Cotton Market.
 NEW oRLEANs-ouiet; sales. 400; ordinary
 Io 5-l6; good ordinary. II%: low middling l2%; middlng, 3; good middling. l3 g. | G. middling fair. I3 s-le; receipts. s.777; stock, as1 SALyEsToN1Ts !.aSs %sans ss sales MoBILE-Nominal; middling. I2%; receipts. I.977; stock. 37.225.
 SAVANNAH Easy; middling,, l2A; receipts 3,523; stock. lI9,i67. CHARLEsToN-steady; middlins. I2h; sales AIS; receipts. lo6: stock. I2.e e99.
 WILMINGToN-Dull; middling' I2%; re-
 NoRFoLK-Nominal; nothing doing; receipts 800; stock. 42. BOA.
 BALTIMoRE-NOminal: middiins. 1850; re- ceipts, 25o; stock. 5.(Ssa.
 BOSToN. .ouiet: middling, 1880; net re- ceipts. 200: gross, 2.323
 PHILADELPHIA-steady; middlins, 1885: receipts, 355; stock, 2.354.
 ST. LoUIS-steady; middling. 1874; receipts 3.73s: stock. I9.5s3.
 NEW YoRK-ouiet: middling. to: net re- ceipts. S69; gross, l,644 sales. II9; stock, 7l.is6; exports td Great Britain. 2.437. Total today--Net receipts, 3I e4I; exports to Great Britain. I7,263; to the continent, 33,- OPS: stock, 095. 322. consoiidated-Net receipts. lss. 554 exports to Great Britain. 66. $50: to France. 36,I7I; to the continent. IlI.II3 to Japan. BOYS; to Mexico, lOo. Total since Sept Met receipts. 5.42o, ,2so: exports to Great Britain. ,69e 7o2; to France 54e 766; to the continent, I.752, I79; to Ja- pan, 90 555; to Mexico. s.544. 
 New York Coffee and Sugar. NEW YORK, Jan 7-Coffee-Rio firm; No invoice 9-I6; mild. firm Sugar-Raw, nominal: fair refining 3: cen trifugal 9e test, 3ls; molasses sugar. 2&; re- fined quiet.
 Cofee futures opened unchanged to IS points higher, the advance being due to brisk de- mand for September and later positions by commission houses and Wall Street. Cables at first were disappointing. but later turned firm. Brazil markets were closed over a holi-
The Montgomery advertiser., 1904-01-08
Wfrwin q Naunce's Cotton Letter.

fOgsx Pflvats Wire from F. A. Longshore & Col
 NEW YORK, Jan. 7.-English market de- welopBents were better than looked for and cotton futures In this market opened rather Grln fn tone with first prices at an advance of e&tT points. Shorts were quite badly mixed aud they rushed for cover on the opening. 4n this fashion the market was bid up quite acafvxely and under the circumstances the haffsa were inclined to give little support. Cofnsnlssion houses fair buyers for the nceogxnf of outsiders and the wire house busi- neas was favorable to the longs. There was 4alk of further decrease in the movement, Whsle the better stock market quotations served to indicate improvement in the Far NaNtarn situation. On the better levels how ever. there was considerable selling for profits and the market reacted quite healthfully, in zDnsn instances the entire gain of the early sznsfon being lost. However. on the dips the &tlii element worked hard to maintain prices Aepnrts indicated firm spot markets in the eoufh and these had stimulating effect on the market, although during the greater part of the day the latter was spasmodc, the bulls fulilsw one minute and the bears the next Port receipts for the week were estimated at 4F6 900 against 2o7, 900 last week and 275,- 900 last year. Interior receipts showed dis n0Hfflon 10 decrease. The estimated port re- ceinks for the day were 33, 900, against 33 . 08& for the same day last year.
The Montgomery advertiser., 1904-01-08
Local Cotton Market.

Futures yesterday were very irregular and with wide fluctuations. closing about 10 points &dvance over Wednesday.
 On account of the irregularity of the future Nmax5et it ts difficult to quote the local spot tnnF<st with any degree of accuracy. Middling seminal at l2h cents
Evening star., 1904-03-24
Leaves His Ships to Follow Love.

A dispatch from New York says: On the
kronprinz Wilhelm, --hich sailed Tuesday,
was Santos Dumont. the airship navigator.
His departure was a surprise, and only a
few of his Intimate friends knew that he
Lad suddenly decided to leave America.
What made his decision seem strange
was the fact that he announced when he
arrived here two months ago, he would re-
main in this country until after the open
ing Of the st. Louis exposition. as he de-
sired to enter the flying machine contest
for the prize of 10000.
Subsequently it was announced that San
tos Dumont had fallen In love with Miss
Iurline Spreckels. daughter of the San
francisco sugar king. He had been suitor
for the hand of the fair heiress, an allega-
ton which he did not deny.
Her mother and family did not approve
OF the proposed alliance and virtually told
the inventor to cease paying attentions to
the girl. Miss Spreckels, it is said, was told
not to meet her admirer again.
Mrs Spreckels and her daughter sailed
last week on the Kaiser Wilhelm II with
the object, 1t is said. of placing the girl at
as great distance as possible from Santos
Dumont. His admissions make his friends
believe that his departure Tuesday is an
indication that he does not intend to aban-
don his suit for the hand of the heiress.
Evening star., 1904-03-24

But there 10 another point OF view. Every
farthfng OF those funds was spent In india
and represented wages paid to workmen
employed In making tho preparations and
carrying them into effect. No money went
out OF the country. II all came out OF the
pockets Of the rich and was paid into the
and the native princes and mobiles expend-
ed In their splendid displays was paid to
working people who needed 1t, and by
throwing this large amount into circaia-
tion the entire country was benefited
The extravaganza of the vfceroy and
Lady Curxon In their own personal ar
rangements has also been criticised, and
people complain that they might have done
great good with the Immense sums expended
In dress and entertainment and display.
but It IS easy to- construe these criticisms
that both the viceroy and his beautiful
American wife performed their parts to
perfection and that no one could have APP
peared with greater dignity and grace
Every detail OF the affair was appropriate
and every item upon the program was car
ried out precisely as intended and desired.
Lord and Lady Curzon have the personal
presence. the manners and all the other
qualities required for such occasions.
Dr. Francois Bernier. the French ply
sician who visited the mogul court in 1858
gives US a graphic description of the dur
bar and Emperor Aurangzeb. who reigned
at that time:
THE king appeared upon his throne splen-
didly appareled. His vest was of white
satin. nowered and raised with a very fine
embroidery of gold and silk His urban was
OF cloth of gold, having fowl wrought
upon 1t like a heron, whose foot was COW
cred with diamonds of an ordinary bigness
and price, with great oriental topaz which
may be said to be matchless, shining like
a little sun. A collar of long pearls hung
about his neck down to his stomach after
the manner that some heathens wear their
beads. His throne was supported by six
pillars of massive gold set with rubies, en-
eraldS and diamonds. Beneath the throne
there appear the great mobiles in splendid
apparel, standing upon raised ground COW
cred with canopy of purple, with great
golden fringes and inciosed by silver bal
ustrade. The pillars of the hail were hung
with tapestries of purple having the ground
OF gold. and for the roof of the hall there
was nothing but canopies of f1owerd satin
fastened with red slken cords that had big
tufts of silk mixed with the threads of
gold hanging on them. Below there was
nothing to be seen but silken tapestries.
very rich and of extraordinary length and
breadth"