davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-02-16
HE WANTS TAX
ON POOL ROOMS
Hob da y Drafts an Ordinance
Imposing License.
A. ]. DAVIS OBJECTS TO 1T
SAYS IT WOULD SIMPLY BE LIE
CALLING GAMBLING.

Councilman Holiday has prepared an
ordinance regulating turf exchanges.
bucket shops. pool rooms. bookmakers
and similar establishments" It pro-
vides that bucket shops and turf ex-
changes pay a license Of SO per day.
or S20e per quarter and any business
pertaining to the margins Of stocks,
securities or commodities. and any
business pertaining to wagers upon the
result Of any race. contest or event,
shall be declared a separate business
and each shall require a separate IL
cense. The ordinance reads IN part
as follows:
1T shall be unlawful for any person,
firm or corporation, without obtaining
a license for such purpose. to engage
in the business OF conducting bucket
shop turf exchange, pool selling estab-
lisbment, boCknaking establishment, or
any other business or estab Iishment in
which business or in which establish
ment margins or stocks, securities or
commodities are bought sold or dealt
IN ir any manner whatsoever. or in
which business or establishment bets
or v-ugers are taken. given, dealt in or
registered upon the rise or fall of any
stock. security or commodity. or upon
event whatsoever.
a. J. Davis Opposes Tt.
The ordinance makes any infractiOus
Of the above proposed law q misde
meaBor. punishable by fine Of not
more than 500, or 300 days in the city
jail. or both.
The license committee held a special
session yesterday afternoon, when the
ordinance was presented by ~Souncil-
man Holiday. It was strenuously OBJ
Jected to by Councilman A J. Davis.
He took the ground that there is no
provision in the statutes against such
businesses, and that if the ordinance
were passed it would IegaliZe gambling.
which is also barred by the laws OF
the state He made the suggestion
that the businesses complained of in
the ordinance be subjected to d regu-
lar monthly fine. How the fine is to
be collected in case the owners refuse
10 pay was a phase Of the situation on
which he was not prepared to give
any advice. The ordinance was taken
under advisement
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-02-16

baseball team last spring, 1 was not
in good condition for the opening of
the National league. I started using
Swamp-Root, and it put me IN fine
condition very quick. I am satisfied
Swamp-Root IS a wonderful remedy,
and does everything that you claim
for 1t. Yours truly.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-02-16

sod throughout TIE world. Cutears Rssoissat -
O. losm % Chscolss Coated Fis &c per val ~ aai
Ontreat. ye.. so1r sc feepass Isoudon y Charse=-
hceae sa ferla Rus Dc IA fstE Boston re- Ceu bna
A.. Pasttrr Drug chen Corr. Sole pres,-iss s1s
Ssnd foT dos 70 are ESEsms'
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-02-16

witness: Ex-sheriaf 9Iasterson.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
eoTToN.

New York, June 1.-THE first bales of
new cotton OF this seasons growth from
the Mississippi valley Is today reported
as having been received at Greenyille'
Miss The earliest date at which the first
bale has been previously reported from
the Mississippi valley was July %, Last
year the first bales was received August
49, 1t commences to look as IL this crop
was from six weeks to two months carrier
than last year. largely as the result OF the
use of early maturing seed 1t Is now
only eight days until June 25 when the
government report will be made up, and |
shall not be surprised II the Indicated
condition on June % IL the highest on re-
cord Some of my correspondents In the
south estimate August receipts or new
cotton at 10000 bales, If the yield OF the
acreage planted this year Is equal to the
average of the past ten years. the CROP
Will be l2.57s000 bales. The smallest pro-
duction per acre we have ever had would
give us a crop OF over 100000 bales.
Under these conditions there Is no pos
sibe reason for buying cotton apparent
to me.
quote the following crop advices reach
Ing me today:
East Prairie. Mo-. June 15.--rhe weather
has warmed up and cotton Is growing
finely think we will have. blooms by
the Fourth Of July. That IS early for
this part Of the country. Scott county,
Missouri about forty miles north of US,
has s,h)O1 acres of cotton this year where
they hnve not raised any before In fif-
teen years. My native home Is southern
Kentucky anG my advice from there Is
that they have planted large crops of cot
ton tbs year where they have not raised
any flor twenty years.F. NJ. Wilkinson
Lando, S. c.. June 15-Your remarks
In Yesterdays Charlotte IN. CD Observer.
regarding the probable early movement
OF cotton In Texas this season have been
noted. AS bearing upon this question
your attention Is called to the fact that
during November, December and january
of the present season hundreds of car
loads of cotton seed were shipped from
this state and North Carolina to Texas
for planting purposes. The earliest varie-
ties were selected It being desired to
secure such seed as would mature early
before the ravages cf the boil weeyii be-
came SO pronounced. II Is the writer's
opinion that this fact. together with the
favorable conditions so far reported
would Indicate a large and unusually
early crop for the state of Texas. The
conditions of the crop In this immediate
vicinity are ideal and with an Increase
Of from 10 per cent to 70 per cent In acre
age, and a continuance of favorable con-
dltions, a large crop is assured.-.ll. H.
Heath.
A canvass of the situation In the cotton
belt has been made for Dun's review by
branch offices Of r. q. Dun e Co. Dun's
Review SAYS:
.As the season advances the prospect
for large yield of cotton becomes bright
err, and there has appeared less than the
customary amount Of injury from III
elements and insects. while the repo
to tne acreage are practically up>
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
Cochran & Co.'S Market Letter.

Cotton-The forecast for Atlantic mar
kets could be clearly read in Liverpool
cables this morning. A steadily declining
option department, with dull spot bust
ness at reduced figures. A quiet cloth
market In Manchester.
Summer months received the brunt of
bear attacks, in both our market and
New Yorks and fully maintained their
reputation of being dangerous positions
for operators, deprecating In value nearly
90 points, before the support rendered was
able to check the decline. New crops
were inclined to show more resistance,
though subjected to wave of fresh SELL
ing orders, no doubt induced by the rather
voluminous supply of good crop reports,
maintained about their opening prices.
1t Is not expected that the visible to be
issued this evening will have any marked
influence on tomorrows markets. Holders
of spot cotton ere showing a disposition
to sell, and slightly better business may
he noted. Unsupplies mills however are
luying Only in very limited quantities for
immediate requirements. and while the
present prices for new crops may induce
them to provide for a part of their win
ter's supply. the duration Of this demand
will be only temporary. with continu-
anoe of prevailing crop prospects.
One Of the first now Texas bales reached
here this afternoon, and sold for 500.
Wheat-A strength developed early
9th the crowd playing for reactions but
The news of most bearish description
with prices weakening down below yes
terday's low levels. new September being
quite heavy and rejecting liquidation.
There was some covering by shorts and
toward the close slight rallies were
created on rains In Kansas and export
sales of fifteen loads at the seaboard.
Rallies are due and would only favor
sales on hard spots.
Corn-Receipts were 32 cars over esti-
mate but the market displayed a firm
tone early. country acceptances being
light but offset by slack cash demand.
Break In wheat started traders to selling
and although there was slight rally later
the tone was not strong.
Oats.-Receipts were over estimates, ex-
port sales, 10000 Unexpected weakness
appeared. following decline in wheat and
corn and a number of stop orders We're
encountered although trade was light.
Provisions.--Hogs were In demand and
higher and a good class of buying appear
ed early, large portion of it credited to
Cudahy.
Declines In grain brought about a real
izing and selling by packers, with the
days advance more than lost but we
believe the product Is being accumulated
and would favor purchases on soft spots.
Stocks. The stock market was some
what of puzzle today The start was in
the right direction but selling of Metro
politan and the continuance of mixed
opinion on the Southern Pacific deal fol-
Flowed by0a floor raid on Steel preferred
checked the tendency upward. We do not
think it a time to sell. however, and 1t is
probable that the manipulators are fos-
tering the short interest. 7 he big gain
of cash by the banks for the week means
good bank statement and there should
be short covering on that prospect to-
morrow.
Tota1 sales, 2Qs,5o0
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18

In showing a material increase. 1t Is es-
pecially gratifying to note such unanimity
of sangulne indications from todays re-
port because of the large proposition Of
the total crop secured in that state The
crop there Is decidedly earlier than last
year. and the weather conditions are all
that can be desired. An increase of more
than . per cent in Texas acreage means
large amount of cotton. provided the con-
dition is maintained. The only drawback
Is found In the prevalence or boil weevil,
and as to this there Is hope of some inn
provement over last year"
Halville Tex June 1.-THE cotton
crop Is about three weeks ahead OF last
years crop, this section having very good
stands, stalks strong and healthy and
lots of squares. Most too much rain lately,
but with a week or ten days of such
weather as we have had this week crops
will soon be clean. Acreage increased
about to 10 per cent. More fertilizers
used than usual and cotton planted on
best land. Yield should be good No
weevils In these parts that we know Of
II. ]. Jones.
Greenvllle, ". c., June 15-The cotton
crop acreage through Eastern North Car
Gina Is about 20 per cent greater than
last year. The condition a present Is as
good as could be asked for Stands good.
fields all clean End free from grass, plant
good size, and at present | see nothing
to prevent n bumper crop for 1go4.-Ed.
II. Shelburn.
r. A Mcintyre q Co. have the follow
ing from Temple Tex:
in ten-mile drive yesterday after
noon / visited a great many fields of cot
ton. You would have to see this crop
to believe 1t is so fine. Can say 1t is
almost perfect. Blooms and small hollis
plentiful. Clean and healthy Farmers
say weevil Is doing little or no damage
as yet. THEODORE II. PRICE"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
Local staple Groceries.

Local Staple Groceries.
Tiour--Fancy patent. 50; half patent
s56S
sugar--GranuIated, Be; 7. c.. SIC.
coffee-Green, slzQl21to; Arbuckis'a
Porto Rico. si1.so
Meat-Dry sailed ribs, SIC. dry saltad
rib bellies, ssse; hams, fancy 12Ac medi-
UNI. 11skc extra clears, Slsc; bacon bellies,
IAc.
Iard-Leaf, 7c, y
Compound Lard-Snowfiake, SIC.
Molasses--Centrifugal. Ib9SSc; fusa,
house. 4oc: Georgia cane. sc.
Beans-Navy. SOS per bushsl; Lima. 60
pound.
Pearl orits-e2 pounds. si.sk
Feed stun.
Meal-Bolted, S1.20.
Hay-epr ton. timothy No. 1. SIT; clover.
mixed, $3.50.
Corn-Mixed, 6sc; white. &c.
Cotton seed Meal-Per ton. feed. sai;
prime, SIS.
Fruit and Produce.
Corrected daily by c. IT, Bell & Co. 2Ols
Morris avenue)
nEes-Calltornias, $8d3.25.
Lemons-Per box. extra choice, 1925;
fancy, $3.50
Bananas--Per bunch, culls, 75cGsia5.
Apples-Fancy northern stock russets.
Georgia Plums, s1.0001R5.
Georgia P1ums-$1 .25M1 so,
Home grown cabbage, 81.
Eggs--14 to 1bc.
Psanuts-Fancy. per pound. 7c; No. 2.
Sc
Potatoes-New Irish potatoes, per BUSH
ell. 81 10: per barrel. S.
Onions-Per pound, Be.
New Florida Tomatoes-Per crate, s2OO
to $3.50. Alabama tomatoes, four-basket,
crates 81 rs.
Raspberries. $500.
Gooseberries. 500.
Cherries $50.
strawberries-Per a-auart crate. 81 .7bU
50.
Canteloupe-Crate. $780,
Observation-Disclosures.
Beans-Green. s10Il.25
New Green Peas--Per crate, II.
Egg Plant-s225.
Sauash-$i.oO.
Cucumbers--Per crate, SIPS.
Peppers-$2.D.
Butter-Renovated, 18120c; creamery,
20@21c; country, fresh, s610c.
Poultry-Hens, medium 35c. large 4oc;
broilers. 15420c; flyers 20q3oc; ducks, 30
040c
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
INTEREST CENTERS.
IN UNION PACIFIC
Much Activity in Union and
Southern Pacific
THE DEALINGS FALL AWAY
Later Sharp Declines in Metropolitan
Group of Street Railway Stocks Is
Depressing Influence
on the Market.
THE DEALINGS FALL AWAY

New York, June 17.-Interest In the
stock market today remained largely cen
tered In the Union Pacific preferred stock.
This plan was diligently canvassed from
every point of view. There was consider
able speculative activity In Union and
Southern Pacific as a consequence. The
early advance in Union Pacific was due
also In part to a rumor that decision In
favor of the Union Pacific party was to
be handed down in the Northern Securi-
ties case. upholdng its contention for the
return of the Northern Pacific stock as
originally deposited. There was more or
less divergence in the course of the two
stocks, as was the case yesterday ana the
day before, and this had the effect Of re-
pressing operations in the general marker,
owing to the confusion of sentiment
Dealings fell away to the dullest OF the
week in the latter part or the DAY, ana
prices chung closely to last night CLOS
ing level The nature of the dealings on
the curb in Southern Pacific's subserip-
ton rights, and IN the new preferred
stock when issued, had its part In upset
ting sentiment. Both the rights ana the
new stock were heavily sold. The pro-
vision of a privilege to redeem the pro
posed stock at 115 for period OF nNe
years was the cause. 1t was argued that
market price of the stock, as buyers woild
be disinciined to pay more for the stock
than the price at which the company was
entitled to retire 1t. 1t was argued also
that the lis limit would tend to prevent
the sale of any additional issue of the
stock by the company at higher price.
The effect upon Union Pacific was mod
crate except as 1t diminished its activity.
The selling of Southern Pacific was
Cffa ri, or. london
account. The buying was believed to be
In the nature of supporting orders, but it
served to relieve the anxiety lest the
new financial plan should break the price
of Southern Pacific and thus hurt the
market.
Sharp declines in the Metropolitan group
of street railway stocks were a depress-
Ing influence. Metropolitan street rail-
way declared the regular quarterly divi-
dend but many rumors were circulated
of the inadequaey of the company s
earnings to provide for dividends as
guaranteed News of crop conditions was
very favorable, but was disregarded. So
were the reports of heavy sales of cop
per, both for domestic and export ac-
count. The time money market was call
ed weak seven months loans being made
at 3A per cent; estimates of the currency
movement indicate a further large influx
of cash to New York. the weeks gain
by the banks being estimated at upwards
of 100000.
Southern Pacific was forced down IL
late in the day, but vigorous support was
offered and the market closed steady
and generally slightly lower than before.
Bonds. were less active than recently,
but prices were well sustained. Total
sales. par value, $1,745. 900.
United States bonds were unchanged
en- call.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18

New York. June 1.-THE cotton market
opened weak AT a. decline of to Is points
with the old crop months showing the
greatest losses under liquidation and bear
pressure, following very disappointing
English cables and continued favorable
weather The new crop months failed
to show relative steadiness during the
entire session, being sustained only by
the covering of a large short interest
and buying by spot houses and spinners
in spite of the persistent selling by wire
houses with southern connections. said
to represent the operations of planters
hedging their prospective crops as a re-
suit of the recent improved growing con-
ditions.
This demand, however, was not suffl-
cient to prevent declines In the face of
the weakness of June and July, and of
the indications for continued favorable
weather and in the early afternoon the
whole list ruled very weak with July
breaking through the II cent mark to 10 90
while August sold at 1880, October at
9 SO and December al 9.4s these being net
losses of "a to SO points on the old crop
and of 10 to II on the new crop positions
Later the market was d little steadier
on covering and reports of large clear
anees from New Orleans, but was final
" at just about the lowest level of the
session, steady in tone at net decline OF
SO to IS points on the old crop a decline
of 15G17 points on the new crop months
The old crop positions showed great sem
sitiveness during the entire session, sell
ing down easily and then rallying several
points on comparatively light orders.
In a general way the selling seemed
to come from New Orleans and the south
while the Wall street interests were the
buyers.
Total sales of futures were estimated
at 100000 bales
Receipts at the ports today, S72S bales
against $500 oales last week, and $500 last
year For the week $4,000 against 14.244
last week, and 1855 last year. Today's
receipts at New Orleans 1888 bales against
1853 bales last year, and at Houston 147
bales against eight last year.
New York June 17.-cotton quiet, mid
ding ITO: gross receipts, 7s4; sales, 14l7
stock, 62,8S2.
Total today net receipts s28; exports
to Great Britain, go; continent, 16,44f;
Japan, 100; stock 224oSi.
Consolidated net receipts. 14776; exports
TO Great Britain, 10,767; continent, 7,42l;
Japan, COO.
Total since September /, net receipts,
7,033,376; exports to Great Britain 2,397. 302;
France. ESQ, 452; continent 269i6S9 Japan,
42,53s; Mexico, 26,67s.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
The Coffee Market.

New York, June 1.-THE market for
coffee futures opened firm at a partial
advance of points. which was very
good showing. considering the disap-
pointing nature of the European cables.
There was a fair demand, however, from
house with European and western con-
nections, and later Wall street became a
very heavy buyer on a further adverse
cron renort from Brazil, while offerings
were not particularly aggressive. so that
nrices continued to show firmness with
the market finally steady at net gain of
5a10 points. Sales, $3.50 bags. July,
6.O5@6. 10; August, 6.15; September, $3.50
635; October 500; December, s655d6.65;
March, s6.s5a6s5; May, s7o0a71o.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
The Live stock Market.

Chicago, June 17.--Cattle receipts 1000;
dull, Texas receipts. 300 Good to prime
steers nominal, s5.75@6.05; poor to med
ium, 81. 5Oa5. 80; stockers and feeders 81 70
"A. IS; cows, $2a4. 30; heifers, $204 IS; cam
ners, $2@2 so; bulls, $2@4.5o; calves, 81. 50@
so; Texas-fed steers, a.so45. IS; grass
ers, s.. 9Od3. IS.
Hog receipts 1900; strong TO cents
higher; mixed and butchers, $4.956l5. 20;
good to choice heavy, 5.l095. 221s; rough
heavy, s4.S5@5 10; light. si.s505. 121A; bulk
of sales, S. .0505.15.
Sheep receipts 1000; market steady
lambs steady; good to cnoice wethers,
s.. 1905 %; western sheep, "a. 5095; native
lambs, s5@6 50; western lambs. se@7 spring
lambs, $5fp7. 65
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
Caldwell & Wards Market Letter.

BY II. & b. Beer.
New Orleans, June 17.-According to
press advices a careful canvass of stu
alton in the cotton belt has been made
for Dun's Review by branch offices of
r. G. Dun & Co. throughout the south
and returns show prospects for large
yield of cotton, there being less than the
customary amount of injury from the ele-
ments and insects, while reports as to
acreage are unanimous In showing ma
terial increase. Our own advices received
by private wire are of a most hattering
character, Tuscaloosa and Demopolis stat
ing that crops are the finest ever grown.
cultivation simply excellent and accord
ing to a prominent Texas railroad official
the outlook In that state was never more
promising, present indications pointing to
yield of about 1850, 900.
Greenville, Miss wired receipt of first
bolls today and we, ourselves, received
well atured bols from Baton Rouge
La, all of which points to an early
movement from Hhe middle and west gulf
states. One of Brownsyille's new bales
arrived here today, consigned TO our
selves, classed good middling and sold
for 500. The nature of crop news and
gossip continuing bearish and there being
little or no demand for the remnants of
the old crop, all markets ruled easier,
July IN New orleans weakest oil all posi-
tons, declining at 10.SS.
Spots in the English markets were low
err 10 points to 6.3s for middlings. Sales
5000 and contracts closed at loss of 16
to IS points on near months, 7 to for
new deliveries, market closing barely
steady. October in local market sold as
low as 9.34. compared with 9.45 last night,
but there was not much disposition shown
to follow the decline. On the contrary,
operators are becoming cautious and are
only willing to sell freely In the event
of a reacting, should one take place.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
Comparative Cotton Receipts.

New York, June H-For the week end
ing Friday, June II: Net receipts at all
United States ports during week 14,776;
net receipts at all United States ports
same week last year T647; total receipts
since September l. 7,033,37 total receipts
to same date last year, 763O'9Sl; exports
for the week.. 50, 1888; exports for same
week last year, 1885,; total exports since
September l, 5.6s6,60S; total exports same
date last year 6iO4,1 91; stock at all United
States ports, 244,0S1; stock at all United
States ports same time last year, PAS, Gil;
stock at all interior towns, 1880; stock
at all interior towns same time last year,
443S4; stock at Liverpool same time last
year. $4,000; stock of American afioat for
Great Britain same time last year, 24,0O0
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18

and this induced free selling in the win
ter positions.
The short interest In the new crop
months Is SO gleat, however. that offer
ings were quickly absorbed by profit
takers. and the decline in the late months
was trifiing when compared with the
break In July. IN the trading July first
lost 81 points at 1913. recovered to II 10
and finally declined to 10.s5. and October
lost points at 9.36. recovered to az
and then declined TO 9.3s. The market
closed steady, with net losses on June and
July of n points. August 3D. September r.
and the other positions to I.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-06-18
Liver ,ooI Cotton Market.

Liverpool. June 17.-spot cotton In lin
tied demand prices 10 points lower
American middllng fair. 6.62. good mid
ding, 6.4s; mlddling. 6.ss; low middling,
GA; good ordinary. 6.10; ordinary, $50.
The sales of the day were 5000 bales, of
which 200 were for speculation and ex-
port and included $500 American Re-
ceipts 1900 bales, including Is, 400 Ameri-
can. Futures opened easier and closed
barely steady; American middling. g.oc.:
June, 6.12; June-July. sos; JulyAugust,
E.07; August-Septemh 5.77; September
October. Sc; Oetober-November 5.2S;
November December, BIT; December-Jan-
uary 5.14; January February, 5.1s; Febru-
ary-Mareh, 513