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The Montgomery advertiser., 1904-03-08
Caldwell, Ward 6 Co.'S Market Letter


 MONTGOMERY. March 7-The wheat mar ket was irregular early finishing up weak. Trade was small Local professionals were bearish and pounded the market every bulge and eventually told on values. Foreign news was bearish. Liverpool weak. closing x to < lower on the excellent quality of the Argentine shipments. There was more spread ing of old and new July. Shows review of the winter wheat conditions was not encourag- ing and indicated the April report will be be- low normal if not sensationally low Esti mated cars 50.
 Corn was firm and displayed a marked ten- dency to do better and possibly was held in check by theS weakness of wheat A lighter movement Is promised in the near future. Liverpool was h to % up. Estimated to-mor-
 The weakness in wheat had no influence over oats and that market ruled strong from the start. The May was in excellent demand. One commission house alone is estimated to have bought 2.ooo. 900 bushels Indications are for a smaller movement in the near fu- ture. Estimated receipts tomorrow, 800 cars. Small hog receipts and 10 to IS cents ad- vance in prices gave the provision market an opening impetus. The advance was met by offerings from packers. The latter half of the session prices turned weak on further liqui- dation and in sympathy with the weakness in wheat. Trade was not large. Estimated eeipts tomorrow. 25,ooo hogs
 Since the opening the cotton markets have been narrow. though steady. Liverpool came in much better than expected and closed strong, " to l9 points over Saturday. due to fear of a cotton famine. This influenced the New York opening, which was very strong. The sales in spots in LiverPool last week az, gregated 50 900 bales. This. at the tall end of the season, Is rather remarkable and indicates better demand than has been gen. erally believed. Much stress seems to be laid on the fact that the bull leader made the remark a week ago that he expected to see an advance af 2 cents a pound. This had been realized by to-day's prices. It is now sug- gested that he will allow the market to de- cline. It should be borne in mind that there Is a very small interest in the market at this time. that selling by the public for profit taking would be very light. Estimates for to- morrow for the principal points are very light and demands for spots are reported gen erally good. On New York's close Liverpool is due to come 2h to 3h higher Tuesday
The Montgomery advertiser., 1904-03-08
New York Coffee and Sugar.

NEW YORK; March 7.-Sugar raw firm; 7-I6; molasses sugar, 2 II-l6; refined firm No 6, 4 20; No. 2, AIS; No. 8. 4.I9; No. g. 4.o5; No. 10, 400; No. II, 3,e5; No. l2, tioner's A. 1. 40; mould A, 1. .95 cut loaf and crushed. 5.3o; powdered 4.lo; granulated, 4. 60; cubes, 4.S5.
 higher on covering and a shrinking of com mission house buying following higher European cables and lighter Brazilian receipts. Import CTS selling however, and demand after the first wave of buying was light. that the market before midday had begun to develop a sagging tendency ana wniie steaaS as soIos Lme 63 900 bags. May. 5 .4595 55; July. 5 700 5.75; August. 5.5o; September. 5. 9596 %; October, sos; November SIS; December, 25G6. 30.
The Montgomery advertiser., 1904-03-08
Virgin & Fuunce's Cotton Letter.
lover Private Leased wire.l


 NEW YORK, March 7.-The English mar ket news to-day quite bullish. The closing abroad was at an advance of 25 to 26 points, ard naturally the bulls in the To- cal market felt encouraged. Sully credit ed with buying cotton in an open manner, and naturally the shorts were rather nervous and all little dips they rushed to cover with such violence that they simply caused the bulls to stand pat" The latter offered but little cotton. and thus the market was pretty well sustained throughout the day. The spot markets were firm throughout the South and the private advices from various sections of the belt were firm in tone in that they reflected a disposition on the part of the scattered holders of actual cotton to hold for higher prices. There was a fair de- mand from export interests and from spin ners. but the actual sales in most instances were limited. The late market not very active, but there was enough trade to indicate that the bull interests were pretty thorough ly convinced that their position quite se- cure for the time being. Many of the larger professionals were disposed to play for a scalping market and on the 1rmer spots many observers were disposed to look for increased offerings. The stimated port recipts for the day were 10000. against 3 ,524 for the same day last year.
The Montgomery advertiser., 1904-03-08
A. .s B. Beer,s Cotton retter.


 (By private Wire to Caldwell. Ward Co)
 NEW ORLEANS. March 7.--As Liverpool was much better than expected our market proved I2 to I3 additional on the reported firmness of spots and the light port and in- terior receipts. Near the close the absence of fresh buying and lack of supporting orders occasioned a break of i9 from the top, but shorts covering at the bottom superinduced a slight improvement. making the net gain 8 The port receipts for the three days aggre- gate t4.ooo. against 1000 last year. and the five leading interior towns during the same time received t2,ooo. against 22,ooo last year. The semi-weekly receipts at the I3 lead ing interior towns are estimated not 10 ex- ceed 22 900; ys 7ooo last year These fig ures on their face are extremely bullish, but as 1t Is known that there is an absolute ab- sence of export demand for spots in the in- terior, 1t is claimed by many that the light t-sr, 's: or These contentious are borne out by the accumulation of stock at the known interior towns, which nave gained I76.ooo relatively over last year. since November 18th, and now exceed last years figures by 10000 as their aggisgate holdings are sos. 900, against 2se,ooo last year: The stocks at the ports for the same of this last Monday the port stocks were 74.- 900 under last year. and to-day they are only T2.oOO. Spinners refuse to take hold and cables from Spain under yesterdays date say that the cotton manufacturing crisis Is be- 'ondnR mere acute. numbers of factories have been closed, throwing 100. GOO hands out of employment. Advices from Mexico under same date say that number of mills there have announced thsir intention of temporar- fly shutting down, owing to the increased price of cotton. The above factors will have eftect sooner or later on the general situation, but as our market on July to-day closed 25 points ever New York and only four under Liver pool. and as middiing on the spot can be bought at i5.3l and Mays commanding Q premium of 63 points and Julys | U points over, the danger of operating in the local market cannot be overestimated. It is the same cid story. this market with the largest stock in America is again leading the world, en- deavoring to make itself a dumping ground. Should any unfavorable feature transpire when least expected. While recognizing the hullish statistics. We also know the peril of Iesorting to such tactics, as was demon- strated by the recent heavy decline; therefore, we deem 1t advisable to pursue a very conser- vative policy under existing conditions
The Montgomery advertiser., 1904-03-08

Receipts at the ports to-day, s775 bales against Ie.S46 last week and 3I.524 last year; for the week. 65.ooo bales against "A 3Ss last week and l4l,6i3 last year. To- days receipts at New Orleans 42oI bales against 4.6o6 last year and at Houston l., : o22, against 4,o74 last year.
The Montgomery advertiser., 1904-03-08
Kansas Citv Live Stock.

KANSAS CITY, March 7.-Cattle-Receipts, 7ooo including 800 southerns. Steady to loc lower. Ex port and dressed beef steers steady. 4 65G575; fair to good 3 9o04 60; Western fed steers. 3 4o@4 50; stockers and feeders, 3.ooG4 30; Southern steers. 5. zoe APO; Southern cows. 3.25G4. 20; native cows. 2.ood3.75 native heifers 2 2.2o94 2Oi bulls 2 25oq375; calves. 3 .ooae. SO
 Hogs-Receipts. $500. Market loc hlgher' Bulk 5. 5d5 .42I4; heavy. 5.3605. 52h; paeao- CTS 5.2oQ5 AS; pigs and lights. 4.o59o, oO'
 sheep-Receipts. 5000. Slow to ioc low CT Native lambs. 4 soQ5 60: Western lamps 4 75a5. 50; fed ewes 3.soa4. 20; yearIngs 4.65q5lo; stockers and feeders. 2.75a4'Zs
The Montgomery advertiser., 1904-03-08
Marine News.

Marine News.
 MoBILE.-Arrived:' st-s. Fort Gaines. Nor, Olsvik. Bocas del Toro; schrs. Josephine Priddie. cardenas Prince Frederick. Br., r., Breton. St. Andrews; John I. Gregory, Barnes Demarara: Lord of Avon. Br., Morris. Ha- Puerto cortez; bark Coqumbo. Nor. olansen, Rosario.
 NEW oRLEANs.-cleared Str Roanoke Hansen. Tampa via Mobile; Rosina. Dr., PORT EADs.-Arrived: strs. Alabama. Nor, Gjimre, Buehelds; Amselm, Br., Rivara, Puerto cSTtes; Venus NOr TysIand Port via New York Ernesto. sp. ormaechea, Gu ban ports: Proteus, Halsey, New York Aquilla, Nor. Anderson, Cienfuegos; spero Port Arthur; schr. Harry K. Fooks. Hall NEWPORT NEws.-Arrived: Str. Dora Ger. Rorenborg Portland. Me; Castone, Br Evenwill, Liverpool and sailed for New Or leans.
 PORT TAMPA-sailed: schr. Frances M NoRFoLK.~Arrived: strs. Emanuel. swed Pensacola; Erphia, Ger, Law, Gulfport Sailed; strs. wildcroft, Br. Payment. Vera Cruz.
 NEW YoRK.-str Bremen from Bremer passed Nantucket iightship at 2.5o pm Arrived: Aurania, Palermo.
 sCILLY.-Passed: Minnetonka, New YorI cHERBouRG.-sailed: Bluecher. New York LIzARD.-Passed: zeeland. New York fol Antwerp.
 GLASGOW. - Arrived: Laurentian, St Johns Buenos Ayrean Philadelphia.
 GENOA.-Sailed: Liguria, New York. LIVERPOOL Arrived: Virginian, Port land.
 New York Dry Goods.
 NEW YORK, March 7.-Buying is of a dis, couraging character and operations are like ly to continue on very limited scale. Th'
The Montgomery advertiser., 1904-03-08
New Orleans supar.

Open kettle. 2%@3 3-I6; open kettle eentri fugal 363%: centrifugal whites. S-tS yellows. 3kq3 l5-I6; seconds, 2RgS FLY S,1 fugal, Ioql g. Syrup, 2o82s.
The Montgomery advertiser., 1904-03-08

outlook for continued high prices for raw cot ton Is not influencing the buyer to any great CT activity and in fact the higher cotton goes the more restricted are his orders as he looks for a movement in the other direction eventu- ally.
The Montgomery advertiser., 1904-03-08
Cincinnati Prnrisinn.

CINCINNATI. March 7.-FIour steady. Lard steady. 6.15. Bulk meats queit. 6 672h Ba- con steady. s.62h. Whiskey active. | ,es, Sugar easy; hard refined, 4.i39S.5s.
The Montgomery advertiser., 1904-03-08

supply of cotton in any direction. Under the conditions we would buy breaks as long as the movement keeps so light. But keep close to the market and if break starts sell out quickly.
The Montgomery advertiser., 1904-03-08
c. E. Pierce & Co.'S Cotton Letter.

CBy Private Wire From C. W. Lee & Col
 NEW YORK. March 7.-The markets showed decided strength to-day. This came from Liverpool first of all. where spots sold again on a basis of about " cents and futures ran up half cent. This carried May and July over I6 cents and up to o'clock there was very little change in the market There was less than a ten point fluctuation in July for three hours. Considering the price on Sat urday 40 or 50 points lower and the price a, week or 10 days ago cents lower. this .WAs rather remarkable. All cotton offered was readily taken and this left the tone steady
 It was evident that the larger interests were not sailing for profits and as long as their cot ton was withheld from the market the sup ply from elsewhere was not such as to break the market. The situation is very peculiar at the moment in that spots are not keeping pace with futures This is not a satisfactory condition and one that keeps conservative traders out of the market. But. on the other hand. receipts are sensationally small, the wis ible supply Is $50. 900 bales less than 2 years ago, and there are no evidences of a liberal
The Montgomery advertiser., 1904-03-08
New Orleans Cotton Futurea. NEW ORLEANS. March 7-rot,o- S,'.
New York Cotton Futures.

NEW YORK. Marci 7.-The following were the quotations on the Cotton Exchange to-
The Montgomery advertiser., 1904-03-08

Daily Cotton Market.
 NEW ORLEANS. March 7.-Cotton firm; sales. 4.I5o. Ordinary. Is; good ordinary, l4 5-l6; low middIng I4 i5-i6; middllng. IS l5-l6; good middling, l5M: middling fair. l0. Receipts. 4.2oI: stock. 3eA. A.236.
 NEW YORK, March 7.-cotton quiet: mid ding. I6.5o; gross, 5e57; sales. 234o; stock. e5.439. Total to-day: Net receipts. s.775; Great Britain. 46ss; France. es6; contI- nent. I.432; stock. 5s7. l2o; Japan. 1902. Consolidated Net receipts. l3.273: Great Brit ain. 4.65s; France. 6.3Si; continent, I.452; Japan, .6o2. Total since Sept. |: Net re- ceipts, 6,56l,733: Great Britain. o65. GOA; France. 646. e3o; continent 2.247,ol6; Ja- pan. 39,7eo; Mexico. 23.97I.
 GALVESTON.-Steady; midd1ing. IS SITS; sales. IS; receipts. l,52o; stock. 36,3I3. MoBILE.-Firm; middling. IS; receipts. 30: stock. loo77.
 x SAVANNAH Quiet; middling, I5h: sales lo; receipts. 7o5; stock. s6 5e2.
 CHARLESTON.-Firm middling, l6A; re- ceipts, g; stock. 6.744.
 WILMINGToN.-Steady middling, IS; re- ceipts 37; stock. 2,7o5.
 NORFOLK.-Recepts. 500; stock g, ,96S
 DALTIMoRE.-Nominal mlddling. I6; stock, I.g73.
 BosToN.-Dull niddiing, 1923; receipts net 50. gross 7.o6I.
 PHILADELPHIA.-Stea middling, 1878; receipts. 2l; stock 2,S46.
 ST, LOtIIS.-Firm; mddlnR lS%; sales, l7o; receipts, 3el6; stock. 22, 3s6.
The Montgomery advertiser., 1904-03-08
st Louis Provision.

ST. LOUIS. March 7.-Flour dull; w' changed.
 whiskey steady .32h.
 Lard firm; prime steam. SO. Pork lower jobbing; l3 92h. n,o,. Bacon steady; boxed shorts S'I<N clear ribs and short clear, S.2o.
The Montgomery advertiser., 1904-03-08

WASHINGTON, March 7.-To-day's trsas; balances, S2ze, seI ,6eo; gold. Slso' '2ss'eSO
The Montgomery advertiser., 1904-03-08
Nsw orlenns spct Cotton.

NEW ORLEANS. March 7-spot cotton in good demand at full prices. Sales, 4,Ibo bales. including 200 to arrive; delivered on contracts. Quotations advanced 5-I6 Flu lures opened steady at firm with prices + to TS points Secelaed hy the improvement in Liverpool and the advance in New York Fluc- tuations were frequent but narrow. From the top of the first advance there was a re- action of about 10 points. but soon recov- cred. Trading in May first advanced 2o points to I6.o oe. declined to Ie.o4. gained a couple of points and then fell of to 6.o4. July showed similar fluctuations. The mar ket closed firm. Net gains since Saturday were: March 1900; April and May, IA. co; June. go %; July. 1900: August, 1900; September, 500. and October, I4.5o.
The Montgomery advertiser., 1904-03-08
Local Cotton Market.
Daily Cotton Market.

Tn the local cotton market yesterday mid ding WIS quoted at l5h cents.
The Montgomery advertiser., 1904-03-08

New York Dry Goods.
 NEW YORK, March 7.-Buying is of dis couraging character and operations are like ly to continue on Q very limited scale. The
The San Francisco call., 1904-07-12

406 Hearst bldg. Examiner entrance.
Cor. Third and Market SITS Tel. Black 3607.
Rooming- houses and hotels for sale.
so rooms; corner house; new; above ordinary
in modern conveniences: elegantly furnished in
mahogany and birdseye maple; clearing $3.50
mo-. $4,000 cash required MARION GRIFFIN.
i30 rooms. new, modern hotel If you want
a bargain, get particulars at once NJ Griffin.
II rooms guaranteed to clear 5000 per mo.
500 cash; get particulars. MARION GRIFFIN.
II rooms; corner house; ideal home and
money maker; owner sick in country; must be
sold at once. See MARION GRIFFIN.
10 rooms; q , and 4 suites with baths;
beyond question the most magnificently furn.
apar;ments'in in city; for price, terms, etc, see
my exclusive agent. MARION GRIFFIN.
$500 buys this week only So room house;
newly furnished; in splendid condition: every
room occupied by steady roomers; rent $3.50;
long lease. profit $3.50 mo- Marion Griffin.
to take Of; for quNk sale reduced from
$500 to $1,000; y cash for a bargain; my
only agent. MARION GRIFFIN
$3500; 80 rooms. beautiful corner house; part
cash; balance to be paid out of earnings OF
house, which is over $500 per month. Get par
ticulars from MARION GRIFFIN.
$1Sc0; % rooms; corner house; rent $110; run
by present owner years: ideal home and al
ways sure TO clear more than $40 every month.
MARION GRIFFIN.
$500 cash is all you need to buy IS rooms
with almost new furniture. where on earth can
you beat this offer for business that is clear
ing over S65 per month. MARION GRIFFIN.
If you are looking for hotel lodging house
or apartment-house it will pay you to see
MARION GRIFFIN
Room 4o6. Examiner bldg. S. r, Cal
The San Francisco call., 1904-07-12

A-$5000: LODGING HOUSE OF 40 rooms; kept
by owner 25 years; rent $780, lease; fine fur
niture place clearing above $3.50 per month :
vicinity Market and Kearny SITS. Box 27O0
Call office.
FOR sale for $3OO0 the best paying lodging
house on Market St; "a rooms; rent $50;
lease; income average 1870 per month; full
investigation allowed Address box 32l7
Call office.
MITCHELL & CO., 1906 Market St
II you want to buy a house or fiat on easy
terms. large list to select from
FOR sale exchange for real estate-2O rooms,
rent $40: with lease, $3.50. SAT Howard ST.
A-RoOM housekeeping house; great bargain;
account sickness. 743 Eddy ST.
The San Francisco call., 1904-07-12

SOUTHERN PACIFIC COMPANY. office of
Secretary, New York. June IS 1904 Notice
The San Francisco call., 1904-07-12
ALEX. MILLAR. Secretary and clerk

THE annual meeting Of the San Francisco So.
ciety FOR the Prevention OF Cruelty To AMI
mails viii be held ia the Parrott building on
MONDAY. July IS. 1904 at 4 O'clock % m
when a board Of trustees will be elected
c. 2. HOIBROOK Secrefarv
The San Francisco call., 1904-07-12

LADIES wanted everywhere copying letters az
home, evenings or spare time and f, fetuln - -
US: no mailing or canvassing; 30 weekly
earned materials free inclose sei1-a
dressed envelope for particulars. GUARANTEES
Co.. No. A. Ninth ST.. philadelphia, Ia
The San Francisco call., 1904-07-12

MONTEREY County Water Company. Notice
OF annual meeting-The regular annual meet
ing Of the stockholders of the Monterey
County Water Company will be held al the
Office Of the company. 327 Market St. San
Frauclsco, on MONDAY. the 25th day OF
July. 1905, al the hour Of II 30 a. m for
the purpose Of electing a board Of directors
20 serve for the ensuing year and for the
transaction OF such other business may
come before the meeting. The transfer books
viii close on Friday. July - 1904. at ) D. N
A
The San Francisco call., 1904-07-12

Fl RNISIdED rooms and board for children;
best OF references and mothers care. BIG
Fifth ave. Richmond
The San Francisco call., 1904-07-12

PICNIC-The twenty-ninth annual picnic Of
the LOYAL Orange Institution will be held at
Shell Mound Park, Berkeley, Tuesday, July
J. Valuable gate and game prizes. Good
mBsic
The San Francisco call., 1904-07-12

SOUTHERN PACIFIC COMPANY. office Of
Secretary. New York. June IS. 1904 Notice
To tie stockholders OF Southern Pacific
Company:
directors OF the Southern Pacific Company
st meeting this day held called a special
meeting Of the stockholders Of said company
to convene al the office Of the company in
33eechmont. Jefferson County Kentucky on
Wednesday. the twentieth day of July 1904
st II O'clock a m standard time, 10 Consider
them Al said meeting in substantially the form
and 10 the effect following. viz.
Resolved d. that the capital stock Of the
Southern Pacific Company be increased one
hundred mlion dollars By issuing one million
sccluonal shares Il the par value Of one hun
Resolved -. that the said increased stocb
shall be preferred stock, that the holders Of
fac1 Treferrec stock shall be entitled 10 divi-
Cends in each fiscal year al such rate not er-
ceealng seven per cent per annun. payable
sem annually out OF the net profits as shall
b. declared by the board Of directors. before
any dividend snail be declared on the common
stock. that such dividends shall be non -cl,rl,1,
lative. that the holders OF such preferred stoc,.
snail not By virtue thereof be entitled to anv
other or further share OF the profits OF the
company that upon the dissolution OF The
company. voluntarily or otherwise, the holders
a preferred stock shall be entitled TO have
their shares redeemed az par before any dis
trDuucn oi any part Of the assets Of the com
rany ehall be mace % the holders Of the com
mon stock: that said preferred stock SHAH be
issued and sold from time TO time fo e,ch
amounts and ~ such manner as the board ~
directors may authorize and deferunfne h,,t
AZ not less than the par value Of the s,ares.
that i fhai be convertible into common STOCK
snare Tor snare al the option OF the holders
a. any time. and shall be redeema bic AT me
option Of the company or at any time after
the first day Of July. 1905 and before the frst
Gay OF july, 1910. at one hundred and fifteen
collars per share"
Resolved 90. that the board 90 directors
shall be aud they are hereby authorized to ee-
taDilsh. from time 70 time. and enforce ali
such rules and regulations respecting the is
sue sale. redemption and conversion Of snch
stock. not inconsistent herewith as in ths
judgment Of the board may be necessary oT
expedient u
For the purpose Of such special rneetfn1 n.
stock transfer BOOKS OF the company will he
closed July Il, 1904 at 3 o'clock o IA and
reopened Thursday. July D. 1904, ct 10 O'Clock
q. 10. -
ALEX. MILLAR. Secretary and Clerk.
The San Francisco call., 1904-07-12
ASTHMA REMEDY.
BOARDING FOR CHILDREN.

Nola's AstAna Remedy relieves instant
iOc. 25c SOC 1902 Market St Nicholas
The San Francisco call., 1904-07-12

uoDrEN and girls TO work on fruit: clean,
healthy place; higher wages paid than BY any
other Gamer Code-P -PortwOOd Canning Co,
Bryant and Tenth sts.
The San Francisco call., 1904-07-12
MARION GRIFFIN.

406 Hearst bldg. over Examiner entrance
Cor. Third and Market SITS. Tel. Black 3607.
Roomfng- houses and hotels for sale.
The San Francisco call., 1904-07-12
FURNITURE FOR SALE.

YOU can buy SIS worth OF furniture for 81 50
down and 81 so per week T. Brilliant
Furniture Co., $40 Post ST.. near Powell
1nder On Auction House 10 Turk. nr. Market
furnishes everything for the house; low pricsa
FURNITURE stoves. bought. sold. exchanged.
Barger 439 Valencia. nr. 10Th. Tel Church SSl9.
FOR sale-Writing desk and chiffonier COM
bined Box 5000 Call office.
The San Francisco call., 1904-07-12
HELP WANTED-FEMALE.

frst-class German or Scan
dfnavian cooks. $40. no wash; German nurse,
SIS: Iaundress for springs hotel, 80; cham
bermaids and Mattresses. country resort. so;
cook on farm, $50: general housework girl Tor
San Rafael $50: I'd girl. S25; cook fer men,
$50: Is girls for housework in city am eeOh-
nv sos and $50: French ladies' maid and
seamstress. $50 Apply TO j. F. ChOSk'IT
& CO.. 334 Sutter St