davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-03-05
Secretary Hester's Worlds Visible
 Supply Statement.

NEW ORLEANS, March 4.-Secretary Hes ter's statement of the worlds visible supply of cotton made up from special cable and telegraphic advices compares the figures of this week with last week last year and the year before. It shows a decrease for the week just closed of ll6eeo. against a decrease of txl 45.S2s last year and a decrease of 67.239 year before last.
 The total visible is s536. SOY. against B. 653, 5s7 last week, txD 3.9I6,7o2 last year and 4, 32l ,75o year before last. Of this the total of American cotton is 2.49l SOY against 2.57S 5e7 last week (xx) 27o9, ,7o2 last year and 323o.75o year before last. and of all other kinds including Egypt. Bra xil. India, etc. GAS, 900. against o75. 900 last week. I.lo7.ooo last year and ,o9I,- 900 year before last
 The total worlds visible supply of cotton as above shows a decrease compared with last week of ll6,99o a decrease compared with last year of ooe5. and decrease com pared with year before last of 7S5. I43.
 Of the worlds visible supply of cotton as above there is aioat and held in Great Britain and continental Europe 96I 900. against l.e7o 900 last year and 227i ,ooo year before last in Egypt 248. 900, against {. l6e, 900 last year and 24o 900 year before last; in India 375 900, against 6I5 900 last year and 562. 900 year before last: and in the United States e53 ooo against .o63, 900 last year and PAS 900 year before last
 x) Corrected exclusive of Galveston minus . stock correction week, 57l.
 Nxx). Corrected exclusive of Galveston minus sterk correction to date. 59 ee3
The Montgomery advertiser., 1904-03-05
Virgin 6 Faunce's Cotton Letter. sss 1esF PEiSato Lee@a wire.l

NEW YORK Marcff| I. 4.-Cotton futures opened steady in tone with first prices at decline of 10 to 20 points. This showing was the result of liquidation and the shorts added to their lines in a number of instances. The cables were rather disappointing. and the sta tlstics were not as bulHsh as looked for since the receipts during the past three days have averaged greater than the estimated. How ever, the sellers were not aggressive. while the other hand the bull interests were rather confident of their position. and they worked hard to create a following on the long side. The bull elements were buyers on all of the dips. and while the session was growing old the tipsters in the pit be- gan to talk about high prices. Some of yes terday's sellers turned buyers and the market showed a rallying tendency although on the better levels there considerable irregu- larity. The local bull leader was reported to be buying July and selling May cotton, ana many outsiders tried to follow suit. Commission houses had orders on both sides of the account and the execution of these or ders had but little effect on sentiment. The outsiders on the whole appeared to be selling more cotton than they were buying. Spot cotton markets quiet although very steady to-day with a moderate demand and rather small offerings The late market po- sessed a firm tone and the final trade was fairly active. The estimated port receipts for thu day were l4, 1000. against I9,ooo Tor the same day last year,
The Montgomery advertiser., 1904-03-05
sAUTRDAY MORNING.
MARKETS FOR FUTURES
BurL SUPPORT DEVELOPS ON
 SELLING.
At the Close of Trading, However, The Tone Was Barely Steady, and Prices Were 2 to 12
 Points Of.

NEW YORK, March 1.-The cotton market opened steady at a decline of lO0 90 points under liquidation following o.s- appointing cables and rather heavier re- eeipts estimated for the day. Selling was not particularly aggressive, however, ana before the call was clearly completed it s1eveloped that there was a fair measure Of bull support in the market so that prices had soon rallied to about the clos ing prices, of last night. This was fol- loWed by considerable irregularity. The local bull leader appeared to be buying certain spot interests also were appear ing on the buying side and as prices worked upward the liquidation naturally grew heavier. the light estimates Tor 10, morrow's receipts and the expectation or a bullish visible supple statement tomor- TOW helped to sustain the market as al = 1racting some outside buying and the ad- vance was not checked until May had reached 16.05 and July 15.96 an advance Of I5@16 points on the active months. Then selling became heavier Reports From the South still indicating some ex- port demand, did not as rue, renect Satisfactory spot demand at the advanced prices. and the smaller longs seemed 10 fear that after an advance of about l-sc in a week. the market might have become somewhat overbought and were conse- 4uently inclined to even-up for over sun day.
 It also appeared that New Orleans in. terests, which had sent buying orders here early were selling in the afternoon and in the late market prices weakened Co about the opening figures on the active months. The final tone was barely steady at a net decline of 7612 points on the general list Sales were estimated at 5OO,- s>Do baies
The Montgomery advertiser., 1904-03-05
a. E. Pierce 6 Co.'S Cotton Letter,
[By Private Wire From c. W. Lee &. Coll

IBy Private Wire From c. w. Lee & Col
 NEW YORK, March 4.-The developments of the week have been somewhat peculiar. When the very small visible supply the light receipts and the absence of pressure on the market are taken into consideration, 1t Is not difficult to understand that individual opera tions as working for prices play a very im- portant part. Last week the largest indi- Nidual operator in New York sold out this cotton. Prices broke through IA cents. 9th CTS took the cotton bull sentiment was strong to IS cents. At this point the leading bull interest re-entered the. market, bought cotton and carried on the advance to l6 cents, the price touched yesterday. A feature of the ad- vance this week has been the strength in
 Liverpool and the sales of 10000 bales spot cotton for three consecutive days. With a
 sensationally light movement and the rather
 alarming situation in Liverpool 1t has not
 been difficult feature to run prices to l6
 cents, But tho technical position of the fu-
 ture market and the fact that spinners have
 withdrawn from spot markets in this country
 render the situation rather different from that
 existing at 6 cents when we were so anx-
 ious to have everyone play the bull side. On
 basis of l6 cents for May and July cotton there Is strong disposition the part of holders of spot cotton in the South to hedge in New York On the last advance to I7iA | cents here this same tendency resulted in a | collapse. While the present situation Is some | what different in that there is no general ont side speculative long interests to be shaken | out on crash still the market at the present l level and in view of the lack of buying by l spiEners is Tot whaS we would call q healthy | one. Too much depends on the attitude of | che interest It will be remembered that I l revere panic took place not many weeks ago because 1t was rumUred that this one interest ] had sold out. While possibly not likely 10 be
 as severe. we of the opinion that a similar ] announcement at this time would result in an, | other sharp break. For this reason we arc | rot inclined to advise the purchase of cot. l ton at the present time and would rather l see a decline in all three markets.
The Montgomery advertiser., 1904-03-05
Fl. .S B. Beers Cotton letter

(By private Wire to Caldwell. Ward & Col
 NEW ORLEANS. March As Liverpool
 wsa disappointing our market opened g lower
 but shortly after advanced 22 to 27 on the bullish weekly figures. The lack of demand for spots and desire to realize occasioned a break of about 26 from the tpo later. Near the close, though. shorts covering supern- duced an improvement of from the bottom, making the net loss 3 to points the day The amount brought into sight during the week was l37. 900. against l77. 900 last year, and the total marketed from September st to date has been e,773.oo against B. e3e, 900 last year. The 3 leading interior towns during the week received 70, 900. against sI 900 last year the loss in stock be- ing only 5000. against 25,ooo last year. The movement on its fact points to a crop of 10. 562 900 All indications, however, are that receipts will continue on a decreasing scale because, owing to the nominal export demand for spots. the amount in transit is considerably less than last year. As an evil dence of this the stock at the 3i leading in- terior towns is 9o9. 600. against 26S. 900 last year, or an increase of 10000. On Novem- Der 9th, these towns this year showed q decrease of I56.ooo under last year; there fore as they now exceed last years figures by 10000. they have gained l76,ooo relative
The Montgomery advertiser., 1904-03-05
WALL. STREET. REVIEW
IS SLIGHTLY STIMU-
 LATED IN MARKET.
NofERect on Prices is Seen from the Spurt-Decline of Northern Securities Anticipating
 Decision.

New York, March 3.-Activity was slightly stimulated in the stock market today but without affecting any more appreciable movement of prices than on the dullest days of the week. Up 70 noon the number of shares traded in was not far below the days total yesterday and the day before. From that time the market dropped back into its old rut. There was nothing in the news to ex- plain the spurt in activity. Trades Weie seemingly impelled by the idea that per- maneEt inactivity is impossible ana t6e longer it continues the more likely is an successful. Some trouble was reported from Paris III the winding up of the settlement. but the power for distutO- ances of this factor was felt to be about of railroads for the fourth week in Feb ruary although showing large propor- ton of loss compared with last year. arc relatively better than for preceding weeAs and offer some encouragement Tor the plea that indictment weather Is responsi- ble for the greater part of the losses. The progress of the cuts In freight rates towards the point of loss on traffic seems likely to sharpen the seal of the Oli1- ctals who are trying to fix up the dis pute A glance at the list of net changes for the day, however, will show that these various causes were not very eI- fective i'll bringing about the higher prices which those who professed to De- iieve m their efficacy hoped for. A de- cline in Northern Securities on the cub was the reminder of the recurring ef- feet to be looked for from the Supreme Court decision in the day on Monday. The movement of currency has been in favor of New York and a gain In co a for the week is indicated of nearly $2,- .OOO in spite of the outgo of gold to South America, transfers to Chicago and absorption by the sub-treasury. Ihls was regarded with dissatisfaction rather than otherwise as showing an interior use of money Attempts to sell St. Paul on the favorable January statement and report of a Burlington note issue helped inc late reaction. Corn products Was hauidated freely and the closing wLs heavy. Bonds wero firm but dull. Total sales par value, Sl,495,0OO. U. s. bonGs were unchanged on call
The Montgomery advertiser., 1904-03-05
New Orleans Spot Cotton.

NEW ORLEANS. March 4-The course of the cotton market to-day offered another dis for the wide advances of the boom to be re- peated. At times prices reched levels we'll above yesterdays close. May and July at the highest points being " and 8 points up but heavy realizing by longs and some hammering by bears always brought them down again and they closed to 4 points lower than yes- terday.
 At the opening the tone was called steady and prices were 5 to 20 points down. The lower opening was caused by the decline in futures in the Liverpool market. good vol ume of buying orders at the opening had Its effect and prices made a strong recovery going some 10 points higher than yesterday 8 close within the first hour of trading. Liqui- dation then commenced and prices were i'm medfately shaved down until they were I2 and l3 points lower than yesterdays close This happened q number of times during the day Good advances were made to be offset during the day. It was the general impression that the reading interests. who practically control prices in the local market, did not wish to see further wide advances for the present and that some of the selling came from them. This idea was based on the generally accepted fact that present prices will tend to stimulate exports while higher prices would not and that therefore until. a heavier movement of cot ton from the port is seen the leading bulls are not anxious for much higher prices The market was somewhat broader and had less or the professional look to-day than for sev- eral days past. It was also evident that the country was once more getting up it's cour- age and was playing stronger hand in the game. The stubbornness that prices showed at times to being weighed down prevented scalpinK operations on the shcrt side and 1t could hardly be called a scalping market to- day as 1t has been ell week.
 The close was steady and rather quiet The liquidation continued up to the last gong, but on the curb prices were somewhat better. advancing about four points in May little attention during the day, the bulk of trading being in May and July.
The Montgomery advertiser., 1904-03-05
Hegter,s Weekly Statement.

NEW ORLEANS, March 4.-Secretary Hes fcr's weekly New Orleans Cotton Exchange Htafement issued before the close of business today shows a decrease in the movement into &ght compared with the seven days ending this date in round figures of 10000. a de- crease under the same days year before last fin 1901 of I4.coo. <
 For the four days of March the totals show decrease under the same period year be- fore last of 4. 900 and an increase over the same time in 1901 of l4.ooo
 For the Is6 days of the season that have elapsed the aggregate is behind the le6 days of isss year !ss. GOO. behind the same days year before last s2.ooo. and ahead of 1901 past week has been 1871 bales, against f76,98 for the days ending this date last year. I56.l2i year before last and .l23, 53s same time in 1901; and for the four days yos of 053 last year. 9o.49i year before last and "a. 7o4 same time in 1901.
 The movement since September lst shows 6eI. against 6.626.5le last year. 6.532, ,74s year before last and 5,s22. eo2 same time in 1901. Overland across the Mississippi. Ohio Canada 7se2I2 against s65. .5e5 last year, oIe.e4e year before last and 9o3. .4o5 same time in Ieol interior stocks in excess of those held at the close of the commercial year, 2e6.- US. against 225.742 last year, 225,0l3 year before last and 577.9l4 same time in 1901 ; Southern mills takings .244. ooo against I.- Z&i.So6 last year, .OSO, o4o year pefore ana 8o6 .8e2 same time in 1901.
 These make the total movement for the i96 days of the season from September | st to date s.773. 2oe against s,e3e.2I3 last year. B. 965.056 year before last and e,3oi,ol3 same time Tn 1901. s
 Foreign exports for the week have been I0l, ,3oI, against I6l ASA last year. making the total thus far for the season 1. .9s4.5 5 l4. against 5,2i3,s5l last year. decrease of sle.437
 Northern mills takings and Canada during the past seven days show an increase of 3l.- 49e as compared with the corresponding pe- riod last year. and their total takings since september lst have increased S3o. The total 2akIngs of American mills. north, south and Canada thus far this season have been S. 0I4. 4eo, against 1884, 7es last year. These Include l.733.32I by Northern spinners, against i,643. 4ol.
 Stocks at the seaboard and the 29 leading Southern interior centers have decreased dur ing the week 75.2e5 bales, against de- crease during the corresponding period last season of 4S. S6o and are now 54,066 less than at this date in 1903
 including stocks left over at ports and in terior towns from the last crop and the num- Der of bales brought into sight thus far from the new crop. the supply to date is 9,94I .oo7 against g. l54,267 for the sam eperiod last year.
The Montgomery advertiser., 1904-03-05

ly in the intrim. owing to the lack of export
 demand. which has caused this heavy aecu-
 mutation. While sentiment is very optimis-
 tic It Is essential to have a good spot demand
 to make the situation health yin America.
 The sales of spots in Liverpool have been on a freer scale. which fs notural as that maxket Is relatively cheaper than ours. Not withstanding the danger attending the con tinuancc of having prices bid up higher here relatively than any other market traders seem to be carried away again with enthusiasm. If their position Is correct on everything. some unfavorable outside feature may develop when least expected. and make New Orleans . dumping ground. It would be more logical to establish basis and thereby attract buy CTS of spots. instead of depending upon ma nipulation to maintain values. As long as this prevails and the war in the East hangs over the market, we advocate caution and deem 1t advisable to operate on conservative lines.
The Montgomery advertiser., 1904-03-05
e. D. Pierce & co,s Cotton Letter.

(By Private Wire from GIIbert & CIay,
 NEW ORLEANS. March 4.-The principal of large transactions on the spot. which once more amounted to 10000 bales. In fact. the way English spnne:s continue to take cotton Ia truly astonishing. The contract depart msnt, however, failed 70 furnish any stimuli lating feature. The session here developed TO prominent reason sufficient to cause the movement of prices permanently in either di- rection. Trading was On a limited scale. al- though there was some fresh buying in antici- rst!0n of the visible supply figures to be published this evening being bulllsh. which served to give tone to the market. The de- mand for spots in Liverpool remains unrc- Aected on this side and the spot department at inc rnnnent fails to display any adequate reason fer the conservative operators to posi- lively commit themselves to the long side on account of future being somewhat out of line. The market appears to have drifted into A waiting attitude until some incentive is furnished for another movement in posi- tive direction.
The Montgomery advertiser., 1904-03-05
Taking of American Cotton by Spin
 ners Throughout the World

NEW ORLEANS, March 4.-Secretary Hes Ger gives the taking of American cotton by spinners throughout the world as follows, in round numbers:
 GOO and last year, 267 900 year before last
 Total since. September lst this year 7es . GOO, against 7.ooS. 900 last year. and G. '55e,- GOO the year befora
 Of this Southern spinners and Canada took t;733,OOO bales this year. against 643 900 last year, and 692 900 the year hefore; Southern spinners .2s 900, against l,24l,- and foreikn- spinners 3. .7S4. ooo against l24.ooo last year, and 3,75e, 900 the year before. 10
The Montgomery advertiser., 1904-03-05

5e: receipts. 5s. Rosin hrm sales. 63; re- Ceipts I,7l2; exports. 4e5. A. B. c: D. 2.45; E, 2.5o; F. 2.55i G. 2 6o; H. 2:o9' I. 2 95: K. 3.25; M. 3.3o; N. 3.35; w G. 3.35: W W, 3.75.
 CHARLESTON. and rosln nom- inal ~
 WILMINGTON. nothing doing Receipts. 3S casks Rosin nothing doing Rec.IEts, a2o. Tar firm; .45; receipts, SI. Crude turpentine firm. 2.25, 400 and A.So; receipts lo2g
The Montgomery advertiser., 1904-03-05
GRAIE.

More heed was given to the current news to- day especially that relative to the prospects of the winter wheat crop. The Ohio state report and the Modern Miller were sugges- tive of what may be expected inthis line from now on. The former gave the condition as 69. compared with s4 a year ago. The latter the thawing and freezing of March and that a wet spring is imperative. Southwestern advices in general were in the nature Of com plaints The Argentine strike situation Is worse and the prospects are for a long strug- gle The visible there decreased sharply this week. due to reserves being drawn on to make this weeks shipments, which were heavy at s.5s4 900 Minneapolis reported liveries light. The winter wheat prospects are going to be important factor from now on and we are likely to run on to a big crop scare. We advise strongly conser- yative purchases. Buy the Gharp breaks and let go a little. on bulges but ngure 10 keep long a little wheat all the time Liver pool was # to < lower at the close. Esti- mated cars, 25. .-
 Corn-Continual buying by the interests supposed to be long considerable line or May option the feature of to-days trad- was renewed at periods during the session. Argentine weather was reported unfavoranIe for corn. Corn markets were steady. The large export sales reported late yesterday at an early bull help. Liverpool closed % lower. Estimated receipts tomorrow, 26o cars
 Oats-The oats buying was of good chartc- ter The July option was in most demand ano sold out their May lines Country oner1ngs were very light. Caeh market steady to fl lower Estimated cars tomorrow. 25S
 Provisions-Packers engineered an carry shake ou. which caused much stop loss sell ing and they turned buyers on the break The market was easy at the close, particularIy pork. July lard and ribs. we believe 10 pc r.S ia GOO hcRs
The Montgomery advertiser., 1904-03-05
Bank Clsarings.

NEW YORK, March 4.-Following table, compiled by Bradstrcst. shows the baI.K cI+MI . lngs at tho cities named for the week eIided March g. with the percentage of increase and decrease compared with the cVrrespNhd Ing week last year:
The Montgomery advertiser., 1904-03-05

NEW YORK, March 4.-ComparatIve cotton statement for the week ending March q: Net receipts at all U. s. ports dur -. ,o- NSr wses seegpS Iast Ts wear r " ...... I4s s35 Total receipts slice Sept. Ist ......6, AS, 46o iS,s year .e'! ..1..' ...... ......e, e,7Ieo7o Fcxnorts for the week. . ...... 96.456 Fxnorts for same week last year. l59.IIo Total exports since Sept Ist .. .....4 eo6. 24o Tota lexports same date last year. .5. 54. 592 Stocks at all United States ports. 5s7. i3s Stock at all U. S. ports same time
 last year ...... ISII@o Stock at all interior towns.... BPS. .s34
 last year ..... ...... -. ...:.. 2sl.s4i
 year. ~ ...... 4e ........... @ $40. 900 sam same time me last | year ar ...... ~ ...:.... PIG, 900
The Montgomery advertiser., 1904-03-05
Daily Cotton Market.

NEW YORK, March 4.-Cotton quiet; mid ding. 1923; net receipts. PAS; gross; sales LIB; cstock. s2. 9os; exports. Great Britain, ": France 63. Total to-day; Net receipts, t4.063; exports, Great Britain, I2S7; France 3.93S; stock. 5e7, I39. Consolidated: Net re- ceipts, 72.297; exports, Great Britain. 46 3o6; France, 3,93S; continent, 446oo. Total since September |; Net receipts. G. AS 66o; exports, Great Britain, .e6o. 946; France e3s. .54e continent, 2,245. .596; Japan, 37,- IeS; Mexico 23,97I.
The Montgomery advertiser., 1904-03-05

corn-No. 2. 5oh No yellow. 5llA oats-No. 2, 4oQ4oh; No 2 white, 43; No white. AoG4aA.
 Mess pork per bbL. IS 971k6I 400. Lard, per 100 lbs, 7.o567 lo Short ribs sides uoose). 7.ooa7.I71a. Short clear sides (boxedl. 2 7.37l467 50. whiskey, basis of high wines, .24.
 Naval Stores. sAvANEAH.-Turpentine firm: 5s Sales,
The Montgomery advertiser., 1904-03-05
Chicago Grain and Provisions.

CHICAGO March 4.-Russian and Ameri- can crop reports exactly offset tho effect cf :owef quotations from foreign markets, changed. July was t higher: May corn "A and cats Sq& higher and provisions un. changed to 25 lower
 Under the influence of lower cables wheat opened somewhat unsettled with May mn changed to Ic lower at 96 to e7 Init,al quotations July were unchanged to Mc lower at sl%Ge2H. Commission houses,