davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1904-05-08
Financial Statement.

New York, May 1.-The Financier this week says: The striking features of the sta atement Of the New York associated ranks last week were still high and most remarkable records for loans and de- posits; also was an unusually large re- duction in surplus reserves. Loans were expanded 2, ,393, 200. reflection as in previ- ous weeks extensive corporation and syndicate borrowing. The cash holdings of these banks were reduced $6. .&S 800, which reduction closely correspond ed with the average losses re- sulting from the movement of gold to Eprope during the fortnight and the large average of the amount of hither from San Francisco last week. Deposits were increased by s17.345. 900 which amounts $2.0S5.6oO greater than the sum of the increase in loans less the decrease in cash. consequently the state ment does not balance. The required reserve was augmented through the in- crease in deposits by s4. 4.336. .250 which sum added to the loss of cash makes $10.420, ,050 as the decrease in surplus reserve to $22,- 724,200 Computed upon the basis of de- posits less those of $55 057. 400 public funds the surplus is $36. 74S, $50. The statement was made on declining averages for cash, the withdrawal of four and a half mill lions gold Friday for shipment to Paris on Saturday counting in the return for only one-sixth of the amount. The aver age daily clearings were $216, 900 or s53,- GOO, 900 greater than in the previous week, refiecting operations incident to the ex pansion of loans; clearings on Saturday representing Fridays business were goo 47o,S96. It may be noted that that por- tion of the Panama money which was withdrawn from the depository banks throughout the country under the treasu ry call of March will be turned over to the sub-treasury on Monday, through payment by the government of s4o.000,- GOO on account of the Panama canal. This, however will probably not directly affect the S32, ,0000o0 of public funds in the ten specially designated Repositories for the transfer will most likely be conducted by a bookkeeping operation. The treasury call for $12,000,0 900 which was issued last week. will mature on Monday of this week. but the withdrawals in response to this call will be paid into the sub-treasu- ry and therefore the statement of this week may be expected to show a reduc- tion in government deposits as the result of this call It would seem quite possible that the large increase of g, ,G33, 500 in bank deposits over the sum of the augmented loans. less the loss of cash shown by last weeks statement was due to remittances to New York correspondents bv some of the interior institutions of their quota of public funds represented by the above mentioned call Comparisons cf loans show that five banks gained sixteen mill lions net during the week. Changes in cash indicate that four banks lost four millions net.
The Montgomery advertiser., 1904-05-08
| K E L o E B
 J e weller.

reason to believe in better trade conditions and a continued improvement for the rest or the season. The usual week end state- ment was as expected. very bullish port year; in sight movement AIS against 91.- 800. and interior receipts 12,6O0 against 45.0o0. This last item is particularly inter estine as It indicates an early exhaustion of interior stocks, and will necessitate man ufacturers applying to New Orleans for their spot cotton. This falling off in move ment has been gradually increasing and the final outcome of the continuance of such conditions has been evident for some time. though the public sentiment has been 80 predominatingiy bearish that the usually strong factors have been entirely ignored. We would suggest that from now on, the old and new crops will appear as things appear, and be affected by entirely diff. ferent factors in the market. July and Aug ust VIII pc more and more susceptible to the movement, while the far months will be influenced by the growth and maturing Of the new crop. solely for the time being
 The statistical position of the near daily and things are rapidly shaping them selves favorabiy to a squeeze in July that at present looks as though a cornner would be easily possible. Based on the compara- tive movement at present we ought to re- ceive for the balance of the season some thing like 450.0o0 bales. which win run the crop up to a little over 10000, 900, which is full estimate, and every bale of this cotton will be required by the worlds spin ners. The new crop is progressing nicely but 1t is yet too early to take and decided po- sition as to the ultimate results. Bad storms. winds and rains are reported from Texas and the Territories. but the extent of the damage is not yet known. It Is claimed in the street that good short in- terest has formed in October and Decem- Der and a rally from present prices is ex- pected. They have been the steadiest posi- tions on the board recently. After the sea- son becomes more settled we expect to see a decided imnrOvemant in trada r0ndtti0nS which will of course have its influence on the spot and future market. This prom ises to be more active and inviting to the trade public as the months wear on.
The Montgomery advertiser., 1904-05-08
G. E. PIERCE q CO.'S COTTON LETTER. (RY Private WirA from GIhert G. r,lav


 NEW ORLEANS. May 7.-Liverpool suc- cumbed to the bearish features of the weeks statistics to the extent of a sharp decline on old crop deliveries, but fall months only participated in half measure, showing that complaints of unsatisfactory crop progress are not pouring Into deaf ears Considering supply statements the minds of most traders. opening prices here would doubt less have been materially lower. but for the occurrence of fire on the docks in New York involving some 5000 bales of cotton which occasioned a steady tone in the mar ket of the metropolis where there is appar- ently not a suffciency of cotton to burn.
 Reports of additional excessive rains in Texas, accompanied by complaints of se- rious damage to the crop, helped to attract a fair demand. though on the whole there was little disposition to engage in fresh commitments
 The absence of reasonable demand for spots and the small spinners takings have revived ideas about consumption having fal- len under the supply. but weekly mercantile reports note better prospects of trade as a result of improved weather conditions In the North. and any activity amongst dry goods people will he reflected beneficially through spinners on the value of raw cot
The Montgomery advertiser., 1904-05-08

CHICAGO GRAIN AND PROvTsIONs..s~
 CHICAGO, May 7.-Growing weather in ing rains in the Red River valley. As a result the wheat market was held in equi- poise Compared with last night July wheat shows loss of kc Corn is up hc oats are off h@kc and provisions h a 10c.
 A fair degree of firmness was displayed at the opening in wheat, the Jupe delivery being up q shade to hc at ss& @ssh. The market still felt the effects of yesterdays extremely bulish crop reports. but the main element of strength was undoubtedly heavy rains in the Red River valley. which would seeding operations. On tho small initial ad- vance and longs took profits and in con- sequence the market developed an easier tone. There were plentiful rains through out the winter wheat country, the effect of which was to encourage sales for short account. Prices held about steady until late in the session. when renewed profit taking carried July down to s5A. Shorts covered quite freely on expectations of a bullish Government crop report on Tues day As result part of the loss was re- July at se@ss%. Clearances of wheat and flour were equal to fss50o bushels. Pri- mary receipts were 1T0,o00 bushels. com pared with 237.2o0 bushels a year ago. Minneapolis. Duluth and Chicago reported receipts of 125 cars against 106 cars last week and ITS cars a year ago.
 The easier tone in the wheat market had a depressing effect on corn prices but there was sufficient support from pit traders to prevent any loss Farm work in the West was delayed by rainy weather and the set back to planting of the main in- fluences in the situation. Small receipts . and poor grading also helped to support the market. The close was steady with prices at about the best figures of the day. July opened unchanged to shade higher at 4sA @4S%, sold between 4S and 4S%, clos ing at the top Local receipts were 201 cars, with IA contract grade.
 Selling of the July option by pit traders under the leadership of prominent long caused a small decline in oats. Trading was comparatively light. the lack of inter- est being partly responsible for the easier tone. After opening about unchanged at 3s%, July sold between 3s% and 3sA, clos ing at 3Sh @3SH. Local receipts were II cars
 The feature of trading in provisions was the selling of July lard by leading pack CT. The market was poorly supported and in consequence the entire list showed a sfight decline. July poork closed 10c lower at 11.57h. July lard and ribs were each down 2hc at 6.6o and 6.42M respectively.
The Montgomery advertiser., 1904-05-08
MARINE NEWS

KEY WEST.-Arrived: Strs. San Jacnto, Risk. Galveston and sailed for New York ; Miami, White, Havana and sailed for Mi ami; Moscotte, Allen, Havana and sailed for Port Tampa Several torpedo boats have sailed for Norfolk with Lieutenant Johnson in command.
 MOBILE.-Arrived: Strs. Comal Wood yard, New York; Frontera, Mex, Donna guoz, Frontera, Mex: Earle. Br.. Eggert. St. Vincent: Charles Le Cour. Err, Barrett, Fun chal; ssndsend, Br,. Clark. Las Palmas: schr. Robert McFarlane, Montgomery, Ha- vana. Cleared: Strs Comal. Woodward. New York; Espana. Nor. Danielsen. Puerto Cortez: Habil, Nor, Gundmundsen, Puerto Cortez; schr. Boniform. Br.. Clark. Pensa- cola.
 NEW ORLEANS.-Cleared: strs. Fl Dia, Mason, New York; Louisiana, Hopner. Ha- vana; Logician, Br. owen Liverpool; Taun- ton Nor, Ellefsen. Bocas del Toro; Man chester Shipper. Br., Morton, Pensacola.
 PORT EADS-Arrived; Strs. Mechanician Br, Ball Liverpook Garrick. Br.. Frod- SOIL Santos via Rio de Janiero. Sailed Strs. Venus. Nor. Tysland. Port Limon; Colonian, Br.. Bullock, Antwerp; George Dumois. Nor, SArussen. Ceiba; bark Flor inda, Port, Dominguez, Lisbon.
 PENSAC Str. Louis Luck enback, Taylor Matanzas. Cleared: Strs. Maria, Aust. Kreglich, Barcelona; Madry Leone, sp.. Larriga. Greenoek; Pensacola, O'Leary, Tampieo
The Montgomery advertiser., 1904-05-08
MARKETS FOR FUTURES DIsAPPoINTING CABLES AT THE
 OPENING. Shorts Cover to Carry Contracts Over Sunday, and There is Some Buying By the Spot
 House.

New York, May 7.--The cotton mar kef opened steady at decline of 4@e points In sympathy with disappointing cables and rather more favorable weather reports, the prospect being for showers in the Atlantic States where needed There was further liquida- tfon and some bear pressure. On the other hand shorts were covering for over Sunday and there was some buy ing by spot houses, all of which went toward imparting steadiness so that the market after the opening showed little further change, fluctuations be- row. Receipts continue light.
 Receipts at the ports today were D. 49z bales against II. c55 last week and a,592 last year. F.e the week, 25.000 against 34.S12 last week and 56,530 last year. Today's receipts at New Or leans. 1.e2o bales against 4.255 last year and at Houston 1855 bales against 1,5S0 last year.
The Montgomery advertiser., 1904-05-08
NEW ORLEANS COTTON FUTURES.
NEW 0R1<A<HT$C WI OA 01s&sss
 LIVERPOOL, May 7-Cotton futures opened easier and closed barely steady.

NEW YORK, May 7-coffee--spot Rio quiet; No [ invoice. e%. Mild quiet; Cor dova, l0@I3.
 sugar--Raw firm: fair refining. 3 3-1s@ 7-ss; centrifugal ss test. 3 2s-32: mo- lasses sugar, 2 15-1sd2 3l-32. Refined firm; No s. 40: No '. 4.s5; No. s. 4.so; {; No. 9. 4.25; No. 10. 4.2o; No. II. 4.15; No IF, 4.l0: No. 13, 1. 05: No. 14. 100; confec- tioners' A, A. S5; mould A, SIS: cut loaf and crushed. $50; powdered. 4.so; granu- lated. 4.S0: cubes, 5.05. '
 The market for coffee futures opened steady at a partial decline of points under further light liquidation based on much the same influences as those recently noted in connection with the easiness of primary markets and the decline in the German market Trading was light and the mar ket. after opening. showed little movement. closing quiet on the opening basis. Sales, S0h haEs
The Montgomery advertiser., 1904-05-08
ST. LOUIS PROVISIONS.

ST. LOUIS, May Flour steady whiskey steady. 1924.
 Pork steady; tobbing. II SO.
 Lard steady; prime steam, .12h. Bacon steady; boxed extra shorts [ O0 clear sides. 7501s; short clear. 7.62A.
The Montgomery advertiser., 1904-05-08
NEW ORLEANS SUGAR.

NEW ORLEANS, May 7.-Sugar steady: open kettle. 2% @3 3-1e; open kettle centri- fugal. 3@3%; centrifugal whites. 4N 04A, yellows. 3h 44M; seconds. 2%63%.
 Molasses nominal; open kettle. 20@35; centrifugal, 10@l5.
 Syrup nominal. 2oG25.
The Montgomery advertiser., 1904-05-08
NEW YoRK METAL MARKET.

NEW YORK. May "A number of small orders were placed in metals to-day. but the trade as a whole partook of the usual Saturday dullness and prices were unchang- ed. Tin was quiet with holders views steady; spot, 27 756p2s. %. Copper contin- ues firm and unchanged; lake. 1850.
The Montgomery advertiser., 1904-05-08
CTNCINNATI PRoyTsIONs.

CINCINNATI. May 7.-Flour quiet Lard steady. 6.10. Bulk meats steady. 6.S7h. Bacon steady. 7.62h. Whiskey quiet, 1 .2S. Sugar easy,
The Montgomery advertiser., 1904-05-08

ton. Besides there js no assurance that burdensome surplus must be carried Into the new season even if spinners takings fall to increase, and there Is no positive promise of an early movement of the new crop Thus while the selling side Is fashionable with most traders at present, 1t will not prevent the market from responding read fly to the first signs of improvement in do- nestle trade.
The Montgomery advertiser., 1904-05-08
The leading futures ranged as follows.

Cash quotations were as follows: Flour--Steady.
 wheat-No. ? spring. ss9s5; No. 3. ss@ 94: No. red. 1.0291.04.
 Corn-No. 2. 4sh 94Sk; No. yellow. oats-~No. ?. 4lM@41M; No 8 white. 41A < CA.
 Mess pork per bbl., II. s7h @11.40. Lad. per 100 lbs, 6 6.47h @6. 50. Short ribs sides. loose. 6.12h@6.25. Short cletr sides, boxed, 6. 25 @6. 50. whiskey, basis of high wines. 1.as.
The Montgomery advertiser., 1904-05-08
NAVAL STORES.

SAVANNAH. May 7.-Turpentine quiet, 55; sales. 463; receipts. 400; exports, 94s. Rosin firm: sales. sir; receipts. 1888; ex- ports 2,3es Quote: A, B. C, 2.55: D. 2. SO: W, 3.s5,
 CHARLESTON. - Turpentine and rosin firm
 WII.MINGToN-Turpe nothing do- ing; receipts, 1T casks, Resin firm, 9 55 bid; receipts, Al. Tar firm, 900; receipts. 75 Crude turpentine firm. 2.25. 3.T5 and {. OO; receipts, 67.
The Montgomery advertiser., 1904-05-08
NEW yoRK DRY GOODS.

NEW YORK. May 7.--In the dry goods trade the week closes with the mar.et in state of suspended animation and al though slightly more interest is ev'nced in certain lines, purchases are of very limited extent It Is evident many buyers are awaiting developments before placing or ders to cover fall requirements.
The Montgomery advertiser., 1904-05-08
Nrw w-oRLEANs COrroN.

NEW ORLEANs. May 7-Spot cotton quiet and weak Sales 400 bales includ- ing 1SO to arrive: delivered on contracts. Seo. Quotations 1-16 lower.
 Futures opened steady and prices 3@10 points lower, caused by disappointing Lv- erpoois cables and easier New York. Lead ing bulls gave the market no support and the bears had everything their own way. hut they showed some disposition to cover. The fluctuations of the day not nu- raerous nor wide Tn the trading July first lost 10 points from yesterdays close at IA os advanced to IA. 1e, declined 10 14. OS. recovered to IA. 06 and finally fell off to i4Il The market closed quiet with net loses on May of points, June and July 7 while the balance of the list was ? down to 3 up.
The Montgomery advertiser., 1904-05-08

Caldwell. Ward & Co.'S Market Letter.
 NEW YORK. May 7.-The present week has noted a somewhat reversal of senti- rnent in regard to cotton and better feel ing generally has been manifested. The re- roorts from Liverpoo land Manchester. both official and of a private nature, give every
The Montgomery advertiser., 1904-05-08
A Commission House

should always stand In the most confiden- tial relations to it's customers, and want them to make money If for no other req son than the selfish one that the more money they make the more commissions they will pay. Constant quotations or the usual flow of gossip is often very con- fusing. We keep our customers advised, when so requested, of important market news You can trade as well. or better, from a distance as you can from the Ex- change floor!
 BROS. & CO.,,
 Grain, Provisions. Stocks and Cotton.
 Board of Trade, Chicago
The Montgomery advertiser., 1904-05-08
NEW YORK COFFEE AND SUGAR.
 BANK STATEMENT.

NEW YORK. May 1.-The statement of averages of the clearing house banks of this city for the week show:
The Montgomery advertiser., 1904-05-08

TREASURY BALANCES. WASHINGTON. May 7.-Treasury bal ances. s217.776,249; gold, s114, o06.
The Montgomery advertiser., 1904-05-08

Total sales for the day, 4O.sOO shares.
Bisbee daily review., 1904-12-29
ENGINEERING PARTIES IN THE FIELD ON
 GREENE PROJECTS
THE GREATEST INDUSTRIAL EN- TERPRlSE UNDER ONE MAN.
 AGEMEkT IN MEXICO.
Will Be Outcome of Completion Of the Present Plans of the Cananes Coppe- 0ing-Work on Line Out of Douglas Temporarily Suspended.

Col. ". C. Greene of Cananea. has los, TO .ime in getting his plans in operation tc carry out his great plan 10 build up in this state and over the line in Sonora. the greatest industrial enterprise under one management iii all Mexico, says the Chihuahua Enter prise. What he meant. as he has previously stated. is to develop the three-mu.;on-acre timber tract anC the mines at GRanopita in this state. and the Mulatos mines in Sonora.
 Col. Greene has already obtained q federal concession for a 200ton GUS toms sn1elter to be located at his pro- posed town of Dedrick a the junction of the Rio Chico and the Rio Aros where he proposes to establish h.s saw mills. blaming mills. etc. He is now procuring a federal concession to use the waters of the Aros river for a great electric power plant 10 operate all the mills. shelter and the Mulatos mines. Col Greene is also asking for concessions for a furniture factory, aDC a papec mill to use wood pulp. tO he established a the same point. He is now asking for concessions to con stTuct and operate telephone and tele- g-aph lines between Dedrick and the towns Of Guerrero and Nuevas Casas GTaudes
 Three engineering parties are now in h. felG doing he location work f0I .he extension of the Rio Grande. Sier ra and Pacific from Nuevas Casas Grandes to Dedrick. a distance of about 125 miles.
 Engineer Mannigold and party were first put 10 work out of Douglas, tc run a line acorss the Sierra Madre mountains. but within the past few days the party was ordered to come here in order that the work might bC finished as soon as possible.
Bisbee daily review., 1904-12-29

Several men are making arrange ments in Douglas to go to the biz strike made in the Eldofado mine in Pinsl county. Some have gone by rail, some are going in wagons and some with burros. Men who have been over in the Seddle mountains say there is a good chance for the prospector there and they are going 10 sec for themselves.
 The Saddle Mountain company has a shalt down 1SG feet on the same lead ;he Fl Dorado mine is on and the vein Is six feet wide and averages SIS per ton from the surface to the bottom of the shaft Says Mr. Chittendon. This is the deepest shaf, in the district and the vein is two feet wicer in the bottom of the shaft than it is on the surface: in fact nearly every len feet in the shalt shows the veins 10 widen with depth"
 The Fl Dorado mine has good sig ed body of ore which averages S6iS geld and 54 ounces silver: and many Of the numerous veins in the district have good paying ore The Pooi brothers have a group of claims ad- joining the Goshen brothers property. which have produced considerable rich gold and silver.
 The Gila Monster has 9 group Cf seven vo-y promising claims which have produced some wire gold and have three large veins which carry good ere on the surface and VIII doubtless be a large producing prop erty. There are several old arras- tras in the district which people have used ID years past to get the gold from the quartz. The gulches have been banned for years by Indians and Mexicans. and dry washers have been used by the white people ssfully Two ounce nuggets have been picked up on the Fl orado company's prop erty.
 The bOuntiful supply of water in tli. Gila. river and the new railroad whicf will be within enc mile of the Fl Do rado mines will be a great advantage tc people of that district who art lucky cEought to get good prope-tie:
 here.
 The Fl Dorado, the Gla Monster ant the Pool brothers properties so far aG has been developed. are cert rtainly very lich and it is gnerally believed thal there will be a great many rich mine' developed n that district
Bisbee daily review., 1904-12-29
CAVE IN COSTS LIFE OF M0HAvE
 COUNTY MINER
WELL KNOWN MOHAVE MINER MEETS VIOLENT
 DEATH.
Thomas Stinson Buriad Beneath Tons Of Debris-Mirers Work Night and Nay to Extrfcate Body From Be- meath the Cavein

Last Saturday morning a cave n the Prosperity mine in Mohave couu- ty buried Thomas Stinson under tons bf debr.3. Stinson ha2 been working in an upraise from the tunnel level which was being run to tap an old shaft for air purposes. and drove in'o an ClG stope, says he kingman Miner
 He was warned the night before that there was a possibility that the soft ground which he said his shots broke in-o might be old works. but he thought different and went to work next morning Within half an hour the cave came filing the up-ise and burying 'he unfortunate man.
 OweI McNeely the owper of -he property. who was working in the mine. observed the cave and together with his brother made every effort to gave the entOmbed man. A nesSen- ger was sent 10 neighbor;ng camps and men hurried to the mine. where they worked all day Saturday anC un- til four o'clock Sunday morning be fore they reached the pOor fellow. When found he was standing on a four bv six spresder. crouched into a little break in the wall. but dead and stiff. At least two hundred tons Of dirt ard rock rushed down past and over him but failed to knock him from the stull
 Miners worked with fever.,h en- ergy all cay and nigh- and during that , time carried out neslv f not quit POO tons of debris. This had to DC run through the upraise in to the tun- nel. J. w Morgan ard Thomas Lake remained in a blind drift fifteen feet above tE4 tunnel ana controlled the run of the drift through ;he upraise.
 Al one time they were imprisoned | in this drift for three hours before ghe muckers could carry out the mass of i dir from the mouth of tho raise. and when air was gotten To them they were in an exhausted condition. Owing 10 the hanging boulders in the upraise and stope a hook haC to be made and the deac mans body pulled into a drift where it could be reached.
 The body was prepared for burial and shipped to Kirgman. where | the funeral took place Monday at noon. Services were held in the II
 E. church and the ed.fice was filled
 with ,he many friends of the dead man
 ] Thomas Stiuson had been C. resident of Mohave county for Ihe last twenty years and was well known and loved , by everybody. His tragic death Til
 be sincerely regretted throughout tn, section of Arizona.
Bisbee daily review., 1904-12-29

Stoves at your own price at Ma quin's.