davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1904-08-09

at the opening this morning that there
was too much rain in portions of the
cotton belt, and shorts began to be
a little nervous. There was a very
quiet first hour with prices about 10
points above Saturdays closing. A
few holders took profits, but the mar
ket continued to show resistance and
professionals took advantage of the
steadiness to buy for a rise. Every
thing now depends on rain. If we get
more of them in the lower Mississippi
valley and sections of the Atlantic
states, prices may have a still further
advance. On the other hand should it
turn off clear, the crop would be in
magnificent condition and prices would
decline very sharply. On every adj
vance above $500, for the last few
weeks the market has been a sale and
general condition of the crop is so good
that we are more likely to have a set
back than any further advance from
this point There is no question now
that the market Is the same kind Of
a market we have had for some weeks
and there is no use buying on bulges
or selling on declines. From any
thing that can be seen now 1t will
take bad crop accounts to put the mar
ket much over 10 cents. In a few
days now new cotton will begin to
move freely and this will attract at
tention.
The Savannah morning news., 1904-08-09

rious private sources OF too much rain
and the market meeting with quite
an active demand from New Orleans
and Southern shorts generally, shot up
to 10000 for September, $3.50 for Octo-
Der, $3.50 for December and 9.s5c for
January, prices at this level showing
net gains of some % to 26 points. Later
the market eased off slightly under
realizing, but was finally steady with
August Is and other positions Is to %
points net higher.
Sales were estimated at about $780,
600 bales. Liverpool, which had been
Very disappointing at first, rallied
after the local opening on the less sat
isfactory crop news, and New Orleans
also showed firmness. The bull clique
seemed TO be following their recent
policy in the local market of support
ing when outside demand fell off and
selling on any sign of outside buying.
Shortly after the opening there was a
slight decline under liquidation as a
movement at Houston. Estimated re-
ceipts for the following day have al
ready been resumed for Houston, and
the estimate for to-morrow's move
ment placed 1t at from 900 to 1000
bales. of which il was said 95 per cent.
would be new crop. The effect of this,
however. was soon lost owing to ap-
prehensions as to the effect of the
rains in the central belt and during
the midday advance the market SEEM
ed to be verging on a genuine crop
scare.
The Savannah morning news., 1904-08-09
THE NEWS OF A DAY IN
GEORGIA'S CAPITAL CITY

Atlanta, Aug. SIT is now stated
that Mrs. Frank r. Reynolds. who
was SO badly injured in the recent au-
tomobile accident. in which her hus-
band was killed, will recover. She
has not yet been informed of her hus-
bands death.
Gone to Notify Parker.
Hon. James R. Gray and Col. James
w. English, Jr., left the city last night
with Esopus, N. Y, as their objective
point. They will visit Judge Parker
with the Notification Committee. Mr..
Gray was chairman of the Georgia
delegation to st. Louis. Hon. c. R.
Pendleton of Macon is the Georgia
member of the Notification Committee
and he will leave for New York to
be present on this important occasion.
Murderer Escaped.
John Beasly, convicted of murder in
Lumpkin county two years ago and
sentenced to serve a term of twenty
years, escaped from the Collins Brick
Yards Sunday night, saving one OF
the iron bars to the cell in which he
was confined, swinging from the win
dow and scaling the wall before he
could be overtaken by the guards.
Beasley effected his escape only after
having a hand-to-hand encounter with
The Savannah morning news., 1904-08-09
CANE GROWERS MAY
MEET EARLIER.
Movement to Change Meeting from
May to January.

Movement to Change Meeting from
May to January.
Macon, Aug. st was stated to-
day that both members of the Execu-
tive Committee of the Georgia Cane
Growers Association in Macon are in
favor of changing the date of the an
nual meeting, from May of each year
to January and that within a short
time they will forward their response
to the letter, which was received by
them several days ago from the pres
ident asking for an opinion upon the
advisability of the change. The Macon
members of the executive board are
Capt. j. w. English and Mr.. Eu-
gene Anderson.
The session which was held at Ma
con year before last and that of last
year at Jacksonville were held in May.
1t is believed that vastly more good
will be accomplished for the cane grow
ers of the state if they can have the
benefit of the convention each year
before they have planted their crops.
1t is the opinion of cane growers in
the vicinity of Macon that there will
be no difficulty in finding a market
either for Georgia sugar or Georgia
syrup.
The acreage of cane in this state it
is claimed has been doubled since the
Georgia Cane Growers Association was
organized.
The Savannah morning news., 1904-08-09
WEATHER FORCED
SHORTS TO COVER

New Orleans, Aug. Section futures
very steady. August, 10.36c bid; Sep
TENDER. 9.S5@9s6c; October 9.6469. SOC;
November, 9.62Q9. 63c; December, $500
9.63c; January, 9.6Sc; March, 9.770
9.79c.
In the spot cotton market there was
but little doing, cloudy weather inter
fering with the inspection of samples
The demand was light, and but a few
small lots changed hands. Factors
were asking Nc above board figures.
There are not 10000 bales of cotton in
this city that could be delivered on
contract, the present stock consisting
mainly of linters and stained. Sales,
700 bales, including $50 t. o. b. terms
Quotations unchanged.
Futures were steady at the opening
and prices 5GS points up. Liverpool
was disappointing, but New York was
very firm. Much was made by the
bulls of the weather map which show
ed heavy rains we'll spread over the
belt. These were regarded as distinct
ly unfavorable. and their effect was
added to by numerous private dis
patches telling of damage to the crop
by excessive rains.
This caused the weather short ele-
ment to run to cover. and to send
prices up on itself. So far as could be
seen. little profit taking by longs was
INDUCED In, and offerings were not
free. September opened points up at
975c, sold up to 9.S9c and finally down
TO 9.S5c. The market closed firm, show
ing net gains of 1920 points.
The Savannah morning news., 1904-08-09
COT TON.

New York, Aug. s.-Since the Sully
failure the cotton market has declined
some nc from the high prices of the
season. This decline has now been in
progress over six months. As usual
in all such market movements, the
liquidation has been accompanied by
short selling, which, because IL has
been profitable, has been constantly in
creased until the commitments in
favor of lower prices have become
enormous. Meantime II has been over
looked that there was an element of
truth I'm the hypothesis upon which the
speculation for high prices was based
and which is now becoming active ap-
parent. The stock of cotton in New
York available for delivery is only 26,-
$50 bales.
The stock in New Orleans is only 30
$50 bales. The total stocks at all the
United States ports and the six larg-
est interior markets is only about 1885,
900 bales, and OF this probably at least
half is either sold or unmerchantable.
This is actually the smallest visible
supply in America since the Civil War.
and in proportion to the consump-
ton and potential demand II is micro
scopic. II has been thus assumed that
$4,000 bales of stock would balance
short interest of probably 10000 con-
tracts, II not more, but this assump-
ton is In my opinion likely to prove
erroneous. The bears have sold an i'm
aginary crop and counted upon its
early realization. II now appears that
August receipts will be much below
anticipation. and the crop reports
which have received to-day show
that a deterioration has commenced,
which should Il be continued. will
probably set the cotton trade afiame.
Four inadequate crops produced the
greatest CONFUSION thus far known. A
fifth year of insufficient supply would
result In a situation extreme. destroy
ing both the bears and spinners alike
IN its suggestion.
(Signed) Theo. II. Prlce.-ad.
The Savannah morning news., 1904-08-09
HAYWARD, WICK q CO.'S
Daily Cotton Letter from New
York.

York.
New York, Aug. S.-This furry of
demand and firmness was largely due
to weather reports posted later in the
day, showing heavy rains generally in
Mississippi. In all % points showed
precipitation ranging from IL to AZ
inches. There has been more Of a
general buying movement to-day than
for several days past owing to shorts
covering. In doing this they have
been actuated by two reasons: first,
because of heavy rains reported in
sections where complaints of too
much moisture have already been
heard, and. second, because of the ap-
prehension that continued bull sup
port in the absence of important offer
ings would exhaust margins and catch
stop loss orders. Disregading the
lower cables and a generally favora-
BILE early weather map, the market
opened firm at unchanged prices. The
new crop is beginning to move in
Texas. No change has taken place in
the trade situation and the outlook for
actual spot damage in the near flu
ture is not encouraging but with the
market in its present shape, and with
shorts nervous it looks like a PROPOSE
ton for careful scalping on the long
side rather than for attempts to dis
count the ultimate decline, which
would seem inevitable unless more Sc
rious crop damage accounts are re-
ceiVed in the near future.
The Savannah morning news., 1904-08-09
SPIRIT MARKET UP
OPENED FIRM AND UNCHANGED
BUT ADVANCED lao AT CLOSE.
DAYS RECEIPTS ALL TAKEN.
ROSINs OPENED AND CLOSED FIRM
AND PRACTICALLY UNCHANGED.

Prices on on Some Grades in After
noon Business-DecIine of 21S
Cents Made by WIG, n, vi and X.
and of ) Cents by G and Lower
Grades-Other Sales Made mt Quo
tatiOns-Receipts Were ZAP Bar
reIs and Exports ,S24-Receipts of
Spirits 1913 Casks and Exports
Both Branches.
Spirits opened yesterday at the level
of Saturdays closing, but took brace
early in the day and at 4 o'clock closed
A-cent higher, at SO cents. The de-
mand was good in the afternoon and
though a part of the receipts were
placed on contracts the greater portion
of them were sold at SO cents, leaving
the market clear of any accumulation.
At the opening the sales were 35 casks
and at the close, 165 casks. The New
York market was quoted dull at Sc
cents, and London at 40647Hc. The
receipts of the day were 1913 casks, and
the exports 2S5.
Resins opened firm and unchanged
from the close of Saturday except in
the case of 1, which advanced cents.
The sales were 1874 barrels. The close
was firm and unchanged with no fur
Their sales. In the post market business
prices went off a little, and the after
noon receipts, such part of them as
was sold, went either at quotations or
at a slight decline, some sales being
made at loss of 2R cents on w. c.,
N, NJ and K, and a decline of cents
on G and all lower grades. Not all the
receipts were taken. The receipts of
the day were LAP and the exports l.
S24. The New York market was quoted
dull q OeS
The Savannah morning news., 1904-08-09

New York, Aug. S.-Flour held higher
with business slow; Minnesota patent,
IS. 35@5.75.
Rye -four. firm.
Corn meal, firm.
Rye, nominal
Barley, steady; feeding, 45c, c. I. T..
New York.
Wheat-Spot, strong; No. red, NOM
inal elevator. There was another sem
sational advance in wheat to-day. with
the public a heavy buyer on calamity
news. All previous high record prices
were smashed, and the market closed
313%c net higher May, 81 .03% Sep
tember, 81 .05: December, 81 .04%.
Corn-Spot. strong: No. ?, 59hc. OPP
zion market was also strong, and
higher. deriving an impetus from cold
weather in the belt, the wheat ad-
vance and outside buying. 1t closed
December, 55%c.
oats-Spot. quiet; mixed, 41@4Sc.
Beef. steady.
Cut meats quiet; picked hams. ioh
G11hc.
Lard, dull; refined. quiet.
Pork. dull.
Tallow, dull.
Rice. quiet.
Sugar-Raw. Arm: fair refining
3 9-l6c: centrifugal e6 test. l-l6c; mo-
lasses sugar. 5-16c. Refined. firm.
Coffee--Spot. Rio. Arm; No. invoice.
7&c: mild, Arm. Cordova. 9A6l3c.
The coffee market opened steady
az an advance OF points. Demand
seemed 10 improve az the session pro-
Eressed the firmness having attract
ed fresh buying orders from commits
sion houses with cotton exchange con-
neetions. The market cloAed steady az
The Savannah morning news., 1904-08-09

an advance of to 10 points. Sales
1929 bags.
Potatoes, weak; Long Island, 81 81
al. 70; Jersey and Southern, $1.50d
1.65; Southern sweets, 50. 0063 90.
Peanuts, steady; fancy handpicked
SIC; other domestic. SA@61zc.
Cabbages, steady; Long Island, and
Jersey. per barrel, 25@50; per 100 81 .0C
a.. 90.
Cotton by steam to Liverpool, 12015c
Butter quiet; extra creamery, 171z q
11%c; official. common to extra, 13G
171ac; state dairy, common to extra
12@17c.
Cheese frmer; state full cream, small
colored fancy, S@s1sc; small white
fancy, &c.
Eggs irregular; state, Pennsylvania
nearby fancy selected white, 25@26c
Southern, I561Sc.
The Savannah morning news., 1904-08-09
LEGAL NOTICES.


IN the District Court of the United
States for the Eastern Division of the
Southern District of Georgia.-Notice
OF application for discharge. In the
matter of Jethro w. Gray, county Of
Chatham, in bankruptcy. To the cred
itors of the above-named bankrupt:
You are hereby notified that the above
named bankrupt has filed his applica-
ton for discharge from all of the
debts provable in bankruptcy against
said Jethro w. Gray. The said ap-
plication will be heard by the Hon. En-
DRY Speer, judge of the United States
District Court, for said district and di-
vision, at the United States Court
House, in Savannah, Ga, on the 18th
day, of August, 1904, at 10 o'clock a. m.
All creditors of said bankrupt are no.
titled to appear at the time and place
stated, and show cause, If they can,
why the prayer contained in the said
petition should not be granted.
Dated at Savannah, Ga, this Sth day
of August, 1904.
T. F. JOHNSON, Clerk.
The Savannah morning news., 1904-08-09

The cotton market was quiet yester-
day so far as the spot department was
concerned. 1t was officially quoted
quiet, and there were no sales. Quo
tations were unchanged. In the f. @.
b. trade business was quite brisk and
prices were very satisfactory, being on
the official basis of 10%c for good mid
ding. The rains that have been gen
eral and very heavy over the whole
belt have prevented the picking of cot
ton. so that there is little expectation
of many bales of the new crop in the
immediate future. There is still, 1t is
estimated, some 1000 to 1000 bales of
the old crop unsold in Savannah, how
ever
The exceptionally heavy rains We're
not confined to Savannah's territory,
but were general over the greater part
of the belt, and as many of the places
from which they were reported have
already complained of too much mois-
ture for the good of the plant Sun
days precipitation had the effect yes
terday of sending up the prices of cp-
tons along the entire list. New York
showed net gains at the close of from
15@22 points. and New Orleans of from
1920 points. Liverpool also showed
gains of from unchanged to points.
Liverpool and New York also reported
an improvement in the price of spots.
The Savannah morning news., 1904-08-09
TO DECIDE ELIGIBILITY
OF THE ELECTORS,

Atlanta, Aug. S-Chairman NJ.
]. Yeomans of the State Democratic
Executive Committee has called a
meeting of the committee for Aug. 81
next in Atlanta to take under consid-
GRAFTON the question of ineligibility Of
certain persons chosen by the state
convention as presidential electors.
1t is said to be the law that electors
can hold no other Office. The commit
tee will take the matter up and will
appoint new electors to take the places
of any of those who are considered
disqualified.
The Savannah morning news., 1904-08-09
LOCAL FINANCIAL MARKET.

The following are the Savannah Cot
ton Exchange quotations:
DOMESTIC EXCHANGE-Buyi at
SOC discount, selling up to $25, 10c; SIS
to $50 15c; $50 to 500, zoe; 500 to 5000,
Csc 5000 to $500, 3Oc; $500 to $4OO CSC;
$500 to $500, 40c; $500 to $500. 45c; over
5000 at the rate of 75c per $1,000 prem
ium.
FOREIGN EXCHANGE = Market
steady. Commercial demand sterling,
81 SS1s4 $50; sixty days, $4.S5A; ninety
days, $4.8 41s; francs steady, IS 1879
sixty days, $5.1SA; marks, IS 7-16c;
sixty days, 947sc; ninety days, "a lille.
Bank Stocks.
The Savannah morning news., 1904-08-09
SEA ISLAND COTTON.
TOO MUCH RAIN
SENT OPTIONS UP.

New York Aug. s.-The cotton mar
ket opened firm at unchanged prices
on August. and to u points higher
on later positions and following the
call. ruled somewhat irregular, but
generally firm. Notwithstanding lower
cables on reports OF too much rain
in the central belt. covering by shorts
and moderate bull support. The highest
prices OF the session were reached
just after midday when reports were
posted on the exchange showing pre-.
cipitation a. some twenty-five points
east Of the Mississippi. whore down
fails ranging all the way from IA
20 AIS inches were noted.
1herc were also complaints from va
The Savannah morning news., 1904-08-09
DEMERE & HAMMoND's
Daily Cotton Letter from New
York.

Daily Cotton Letter from New
York.
New York Aug. S.-The cotton belt
was flooded with iains over Sunday.
and this market was flooded with re-
ports of damage from that source. as
we'll as from weevils rust. etc. A
glance at some of the rainfall is suf-
ficient to show that there is some basis
for the complaints. We give only the
c.. 2.SS: St. Matthews. S. c., 2.22;
Toccoa. Ga, S.5s; Clinton. Ala. 400;
Hazelton, Miss, 2.52; Hearne Tex,
3. so and Fort Smith, Ark, 20. In
view Of the condition thus pictured.
It is almost a certainty that the wealth
er weekly report will make a distinct
departure of such favorable accounts,
which the government has furnished
weekly for some months past. While
II may be doubted that the rains are
doing any real damage, there is no diff
ference of opinion as the delay which
will result in marketing the new cot
ton. and as the trade has been depend
ing upon early receipts to relieve the
strain on old supplies. an opportun-
lty is afforded the existing bull clique
to put renewed pressure on the shorts
II goes without saying that they have
not missed the opportunity to which
the market testifies in the prices es-
tablished to-day at 20 TO % points high
er that Saturdays level. II was pre-
dicted last month that August receipts
would be running before this as high
as 1000 bales per day OF new cot
ton. 30 far, however, the total receipts
Of new bales az port amount to only
ISL. The daily rains. OF course. make
IL impossible TO pick cotton. and will
cause further disappointment in the
expected movement.
The Savannah morning news., 1904-08-09
Bibb COunty's Increased Tax Re-
turns.
PineappIeS for Sale.

The best for grating. preserving
and table use. Strictly fancy
smooth Cayennes, per crate of 16,
weight about rs pounds, 1915. Strict
~ fancy Porto Ricos, per crate of to
10, weight about 10 pounds, 1915.
N. B.-The digestive properties of
the pineapple are equal to that of
pepsin.
Strictly fancy Manatee River
Guavas, per six basket carrier crate,
$1.50.
Shipments via express. Remit by
check or money order for any guam
tity desired. VIM. HANSON,
Braidentown, Fla.
The Savannah morning news., 1904-08-09
DAILY COTTON MARKET.

Galveston-Firm; middling, 101Rc;
net receipts, IS; gross. So; sales. 90;
stock, $3.50. Exports-Great Britain,
Col.
Norfolk-Net receipts, 50; gross, 50;
stock, 1850
Baltimore-Nominal; middling, 11.25c;
stock, 64s.
Boston-Quiet; middling. 10.45c:
net receipts, 5; gross, 291.
mington-Nominal; net receipts,
IL: gross. II; stock, 120.
ladelphia-Steady; net receipts
10000: stock. S29.
Savannah-Quiet: middhng, 10%c;
net receipts, 81; gross, 517; stock. II,
976. Exports-Coastwise, 1872.
New Orleans-Quiet middling. 1880;
net receipts, $50; gross, S57; sales, 500;
stock, 2S,S44. xports-Great Britain
500
Mobile-Nominal; middling. 1Oc; net
receipts. 2; gross, 2; stock Ala.
-Memphis-Steady; middling, 1ohc;
net receipts, Is; gross. 49, sales. ESQ;
stock, 1901.
'Augusta-Steady; middling, 1ONc;
net receipts, u; gross, II; sales, Al
stock, 3.1S9.
harleston-Nominal; stock, 621.
ncinnati-Nominal: net receipts
40; gross. 40: stock. 1888.
'Louisville-Firm; middling, 1880.
"St. Louis-Quiet: middling, 10%ci
sales, %: stock. SASS.
%Houston--Steady: middling. 10hc
net receipts. 205; gross, POS; sales. 656
stock 1881.
New York-Quiet; middling, 1850
gross receipts. 100; sales. 500; stock
1852 Exports-Continent. 1883.
Total To-day at All Seaports-Net
receipts 1000; Great Britain, 1.161;
continent. 1883; stock. S3.564.
Consolidated, at All Seaports-Net
receipts. 1.491; Great Britain. 1879; con.
tinent. 2,SS3.
Total Since Sept. / at All Seaports-
Net receipts. 7.1S0.670: Great Britain
2,4ss.079; France, 9,03S; continent. q.
5sl,s76; japan. 46,195; Mexico. 27.3lO.
~Not included in totals.
The Savannah morning news., 1904-08-09
IN OTHER MARKETS.

New York. Aug. s.-Rosin, quiet.
Turpentine, quiet.
Charleston, S. c., Aug. 8.-Turpen-
tine and rosin. unchanged.
Wilmington, N. c., Aug. S.-Turpen-
tine, nothing doing receipts, IS casks.
Resin, firm; $3.50 bid; receipts, 413
barrels
Tar, firm; $1.70; receipts, Is barrels.
Crude turpentine. firm; $685. 1926
and $500; receipts. 165 barrels
New Orleans Aug. s.-Receipts, rosin
1856 barrels; turpentine. Is; exports,
Liverpool, turpentine, $50
The Savannah morning news., 1904-08-09
DRY GOODS.

New York, Aug. s.-The new week
has opened with a large number of
mail orders to hand and an increase
in the number of buyers. In the cot
ton goods division of the market, sell
ers have assumed a more independent
position, owing to short supplies of
spots, while buyers continue to oper-
ate cautiously owing to a belief in
lower raw cotton. Jobbers are antici-
pating an active week, as many fall
purchasers made their appearance and
dntimated that they were now pre-
pared to begin buying operations.
The Savannah morning news., 1904-08-09

Texas Rainfall - Corpus Christi,
trace; Galveston, .26; Palestine. 49,
Taylor, "A; San Antonio, .O2; Bren-
ham. 1.54.
Note-Other reports not received.
Heavy Rains-Selma, Ala, 1.52; Ope-
lka, Ala, 2.30; Goodwater, Ala, $40;
Clanton, Ala, 4.30; Hazelhurst, Miss,
800; West Point, Ca, 3.02; Toccoa, Ca,
3.5S; Tallapoosa. Ga, 200; Spartanburg,
S. c., 1.64; Rome, Ga, 1.50; Newman,
Ca, 1.S2; Griffin. Ca, ZIG; Greenville,
S. c., 2.30; Brennan, Tex, 1.54; Gaines
willie, Ca, 1856; Atlanta, Ga, S.06;
Waunesboro, Miss, 2.40; Thomasville,
Ala. 200; Charlotte, n. c.. 1888; S..
Matthews, s. c., 224; Washington, Ga,
Pa; Greensboro. Ca, 2.ss; Camak,
Ca, 10; Athens, Ca, 1855.
The Savannah morning news., 1904-08-09

Rome, Ga. Aug. s.-A box Of human
bones was dug up to-day while work.
men were making an excavation az the
gas works. The and caused consider
able excitement and is being investi-
gated. The bones we're In a good state
Of preservation. but had evidently
been buried some tina
The Savannah morning news., 1904-08-09
WHEAT PRICES SCARED.

Chicago, Aug. Son a wildly excited
market with sensational reports pour
ing in regarding damage from rust in
the Northwest, wheat to-day made a
net gain of 35s@3%c.
Corn is up 1Ac. Oats gained M@5sc
Provisions are unchanged to 10c bet
ter.
The leading futures ranged as fol-
lows
The Savannah morning news., 1904-08-09
LIVERPOOL COTTON MARKET.

Liverpool, Aug. Spot cotton quiet.
prices points lower; American mid
ding fair, 6.20d; good middling, 6.06d /;
middling. 5.94d: low middling, 5.7Sd;
The sales of the day were 5000 bales,
of which 200 were for speculation and
export, and included $500 American;
receipts. 5000 bales, including 1000
American. Futures opened quiet and
closed firm: American middling, good
ordinary clause: August, 5.73d: Au-
gust September, 5.59d; September-Oc-
tober. 5 .4Od; October November, 5.3Od;
ACKNOWLEDGEMENTS 5.26d; December
January, 523d; January February,
SEED: February March, 5.22d; March
April, b22d