davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1905-09-02
WALL STREET REVIEW
VERY STRONG PRESSURE AGAINST THE
 STOCK MARKET.
Heavy Sales Were Made at Opening, show ing Marked Doclines-Evidenees of Forced LiQuidation in
 proceedfuQs.

New York, Sept. 1.---There was very strong pressure against the stccx market .rssa s ss 0Isehs ssen.. todfs n sc tss first hour was by far the busiest for some time. Tad- ing in that brief period being twice as large as in the corresponding hour of the pre-
 The early break bore evidences of a forced liauidation with strons aamixsase am soae e eide converged largely around Amalgamated Copper and allied stocks. though such issues as as Csnadian Pasfie, no, as ,nared ws Ths isciine in Amaigamated Copper was soon explained to a degree by announcement of break the ic advance of the past fortnight. but in view of the danger signals sent out from Boston it was sufficient with other things
 Another factor for lower prices was an advance to per cent in call money. This rate was apparently fictitious, however; nt,, ,n1
 Prices recovered some after the early de- market became narrow and very dull. Many traders were disposed to avail themselves of the coming holidays to close out their Exchange tomorrow promised to be very small thus creating what will be practically
 No argument for higher prices were found in the forecast of the weeks money move ments from this centre. The banks show a roos @ a' of over ST. 600. the greater part of which was sent West and South. AL though nothing has been said on this point. it is more than probable that local financial institutions have been making direct shin ments to the interior. for which there is yet no public record. At all events tomorrow's g the usual degree of interest and 1t Is hoped that the showing will be less inexplicabie than that of the previous week.
 The strength of the Morgan stocks. as distinguished from the so-called Standard oil group occasioned much talk. There was good support to the United States Steel Issues. Atchison and Fries. The heavy sell ing of American Smeiting. which came chiefly from one of the most prominent houses. believed to represent pool liquidation in part.
 It was not until the late session that the market took on its firmest tone. with in-- creasing duilness Prices recovered to yes the last hour caused fresh weakness. Final quotations were about the lowest, the weak est issues being Union Pacific. Erie and Smelting
 London and the other securities markets abroad were generally better. Paris seem troubles and the war issues were slightly higher. London's operations here amounted to about 30. 900 shares. of which 1000 rep resented purchases chiefly Atchison. Fries and the Steel stocks. The Mexicon lines issued reports of earnings for the first seven months of the year. Mexican Ipternational shows a decrease in net of s344.000, while Mexican National reported an increase of s177.0 900.
 Bonds were irregular. Total sales par value, s3295,000 United States bonds were all unchanged on call.
 NEW YORK STOCK LIST.
The Montgomery advertiser., 1905-09-02
Dun,s Review.


 New York, Sept. 1.-R. q. Dun & Co.'S weekly review of trade tomorrow will say:
 Peace and prosperity succinctiy ex- press the results of an eventfui week. International mercantile markets re- sponded to the cessation of hostilittes and period of commercial development may be expected to follow the return of confidence. Capital that had been diverted into bellicose channels will be used for construction instead of de. struction, and the United States will Se- cure a stronger hold on the markets of
 Domestic reports were scarcely less encouraging. Leading branches of manufacture are increasing productive taining to railway equipment; textile mills have little idle machinery; foot wear factories are running freely, while in structure work there Is no evidence of lessened activity.
 Railway earnings thus far available for August show an increase Of 4.S per cent over last year. and foreign com merce at this port for the last week exhibits gains of $1,592.032 in exports, and $1,o52,s22 in imports, as compared with 1904.
 Liabilities of failures in August were s4,350,000 less than last year and the latest crop news endorses earlier esti- mates of record d-breaking cereal produc- ton, but cotton returns are less satis- factory, many experts reducing their estimates to 1o.5O0.O00 bales or less
 Iron and steel production increases in response to the broadening demand, ex- tensive plans for enlarged facilities be- ing contemplated and in structural shapes there is pressure for sprompt shipment Hides are maintained at full quotations. although receipts Of range cattle continue to expand, and the mar ket shows signs of artifciality. Leather Is in a better position.
 Commercial failures this week in the United States are 217, against 190 last week and 222 the corresponding week last year. Failures in Canada number i9, as against 27 last week and 30 last year.
The Montgomery advertiser., 1905-09-02
BRADSTREETS REVIEW
WEEKLY SUMMARY OF THE CoNDI-
 TIoNs IN TRADE.
September Opens With Fall Buying Seemingly at Maximum and Marked Activity in All the
 Lines of Commerce.

New York, Sept 1.-Bradstreet's to- morrow will say:
 September opens with fall buying ap- parentfy at a maximum, marked activity in all lines of industry, liberal buying by railroads of rails and supplies, cur rency shipments to the country to move crops, and increasing confidence as to the outlook for trade previously noted, strengthened by the succesfsul issue or the Russo Japanese peace negotiations: These latter Jointly with the increased products at leading markets have had a distinct effect upon many commodity values, the tendency being toward lower level in cotton, live animals, po- tatoes and butter. It Is to be noted, however, that home products are strong and higher on the week.
 Large Eastern centers report marked activity in all lines of cotton goods and larger buying of clothing. shoes, mill linery, lumber, building material and hardware. Southern trade advices are of good tone except in the quarantine sections and in parts of Texas. Wool has shown sustained strength on good demand from manufacturers. Leather and all it's products display great strength.
 The central feature of the iron and steel trade Is the continued liberal buy ing of rails by leading roads, the ac- tive demand for plates for shipment and the liberal placing of specification for steel shapes for structural work.
 Business failures in the United States for the week ending August 31 number the like week of 1904. In Canada fail- ures for the week number 25, as against IA last week and IT in this week year ago.
The Montgomery advertiser., 1905-09-02
HESTER ON RECEIPTS
GIVES OUT FIGURES AS TO MOVE
 NEWT OF COTTON.
TX .4zD Bnles Marketed During July snd August, 1905, as Against 7v,74s for the Same Month of
 Last Year.

New Orleans, Sept. 1.-Secretary lies ter has made public the following lead ing totals from his annual report. show ing the cotton crop of the past season:
 Receipts of new cotton handled al Southern outports to close of August 1905:
 New Orleans, 5ss bales; Galveston. 4T,S62; Mobile, s34; Savannah, 24,4sS Charleston. e25: Wilmington, 46s; Nor folk, 16o; Baltimore none; New York, none; Newport News. none. Total new cotton growth, 1905-06, marketed In July and August this year. 75,42s bales. New cotton marketed July and August last year. 7s,74s bales.
 American cotton crop for two years, year ending loose of August:
 Port receipts, i904-05, 10,319,7S bales; 1s03-04, 7,252.222 bales.
 Overland to mills 1904-05, LIPS, 1S3; 1e03-04, 93s.943 bales
 Southern consumption, fs04-05, 2,16S, 505: 1903-04, 1,919,252; totals, 1so4-o5, 13,ef1 ,470: 1903-04, 10,111,4f7.
 Less taken by Southern mills from ports: 1904-05, 45,5S5; 1908-04, 100.043. Total crops. 1904-05, 13,5s5.ss5: 1so3-04. 1O.011.374.
 Secretary Hester makes the actual growth cotton of 1904-05 Gin thousands of bales): Commercial crop of 1904 05, 13,566; less old crop of 1903-04, 200; to- tai, 1886; plus growth of this year. marketed in July and August, 1904, 80; grown, not marketed, 1903-04, 322-402; total 13,76S. Deduct July and August receipts of new cotton growth of 1905 06. 75. Actual growth crop of 19o4-05, per United States Census Bureau, 13.6s3.
The Montgomery advertiser., 1905-09-02
PFISTER IS INNOCENT
STOLE NOT A CENT, DISBURsING
 MONEY HONESTLY.
Milwaukee Capitalist Issues Statement Showing Ills Connection With
 Matter of Wisconsin Rem derinR Company.

Milwaukee. Wis, Sept. 1.-Charles F. Phster. the capitalist, who was indicted three weeks ago by the grand jury on the charge of having stolen s14,00o which had been placed in his hands by the Wisconsin Rendering Co, will make public tomorrow morning a statement showing the manner in which the $25.0O0 which he had held for the company was dishursed.
 After the indictment was returned the President of the Rendering Co. denied that Mir. Pfster had misappro- priated any of its money and since then the company has made full pay ment of notes held against 1t by MT. Pfster without offering any counter claim. The insinuation, however, has been circulated that the money, if not misappropriated. was used for corrupt purposes by Mir. Pfster The states ment now issued Is corroborated by the bank records showing MT. Phster personal account. by a statement slsn- ed by President F. C. Gross, Joseph Scharff and Louis Schoyer. of the Wis consin Rendering Co. and also ny statement signed by John J. .Crllley' the contractor to whom most or the money was paid. Crilley. in acknowl- edxinr the payments to him. explains that when the city contract was award ed to his firm, he found himsen unaole to enter into the contract because or lack of funds. rvJth the wisconsin Rendering Go. vvhtch had an established plant at Me auon. that If that company would put ,,v S2s eco with some responsible man ont of which was to be paid the ex- nenses criliey was put to in eonnec- tion with the contract. the work would
The Montgomery advertiser., 1905-09-02
be turned over to the Rendering Com

be turned over to the Rendering Com pany.
 MT Pfster was selected as the cus- todan of this fund. He had no inter- est with any of the bidders and paid out the money in accordance with the orders of the parties interested and had nothing to do with it further. None of this money Crilley states, was used for unlawful purposes.
 These payments show exclusively that Mir Phster did not steal any of the Rendering Companys money and also that he did not use any of 1t in an improper manner supplemental statement by MT. Phster's attorneys discloses the fact that when the grand iurv had the indictment under consid-' eratton two of its members. together with District Attorney F. E. McGov- ern visited the First National Bank and there received Mir. Pfster's per- mission to examine his account. They found the entry showing the deposit of 900 on July 19 1897, but appar- ently disregarded entries on the same page showing the payment of S6.OOO and 5000, respectively. to Crilley. nor did they call upon MT. Paster for any explanation, which would readily have put them in possession of facts show ing the charge of theft to be without foundation. The statement now issued seems to show there is no basis neith- CT for the indictment on a charge of larceny nor for the accusations that the money held by Mir. Phster was used by him corruptly.
The Montgomery advertiser., 1905-09-02
E. 3. Flsk ssoy and Treas. Stephen N Weld, Pres. F. B. FISK COTTON co.
 COTTON MERCHANTS. < MONTGOMERY, ALA.
MARKET FOR FUTURES
UAYss WORK LESS ACTIVE AND VERY
 NERvOUE.
Lnfs Covering Caused Some Improvement in Sharp Early Break, Close Being
 Stcady--Condition Es- tsfnatee Issued.

New York. Sept 1.--The cotton market was less active and ruled very nervous. There was a sharp break early, but later covering caused some improvement and the close was points lower to point higher Ea1es were estimated at 10000 bales.
 The opening was easy at a decline of point to points Tn response to lower cables. Al first there was some hesitation but bears seeing no Indications of important bull sup port soon pounded the market below the law point of the previous day. when stop orders were caught and liquidation became general
 Prices were carried down to net decline nx about la@15 points before covering be- came feature, but the market steadted @kere seemed to be a few fresh buying orders for long account and shortly after midday active months worked tip to net GAln Of 406 points. This was followed by 3axx active business and narrow irregularity with the close steady.
 TWO private condition estimates were is- Nuea, one placing 1t ct 72.% per cent against Ts.s last month. and the other at f6sg per cent, against 75 last month. The 4nkfpr also estimated the acreage abandoned elsca June ist at 100000 acres and places xhe present area about 20 per cent under last year. Rain fell at one or two points an Texas. but the drouth was not materially &FoN@u.
The Montgomery advertiser., 1905-09-02
CHICAtio GRAIN AND PROVISIONS,

Chicago. Sept Wet weather in the Northwsst caused a firm wheat mgerkst to-. iff gain of ,Ie. Oats are practically T anchane-
 sentiment in the wheat pit was inclined to bullishness the entire session At the opening the December option vas up Ec at was the chief source of encouragement to bulls. A moderate advance at Liverpool. however. helped to stimulate demand for wheat here Weather bureau predictions of clear weather tomorrow in the spring wheat country gsve prices little setback dgTi1g nsT ,S R0kc. The market however. received good support from prominent trader and the the Northwest in regard to threshing re- turns asserted that the yields were not as large as at first indicated One report to that seven stations in Minnesota and South Dakota commenting made lthe average yield i0h bushels acre. Of this amount 80 per cent was said to be of low grade wheat. For December the highest point of the day was reached ct sl $ @sl hc. The market closed firm with December at s1k 9s1Ac. Ciearances of wheat and flour were equal to 45,000 bushels. Primary receipts were Exports for the week, as shown by Brai- street, were 1.42S,000 bushels Minneapolis, Duluth and Chicago reported receipts of 42t ears. against 2S3 cars last week and BAT
 Corn was in good demand by commission houses throughout the entire session. As a result firm tone was manifested. Higher prices at Liverpool resulting from smaller shipments from Argentina were partly re- sponsible for the firmness. Lower tempera- lures over the corn belt aided the bulls and tho market closed at practically the high est point of the day. December opened 4 e Nc higher at 4seS @43hc. sold up to 4Sh 843%c and closed at 4s1sc.
 The feature of trading in oats was the changing from the September to the De Nember option The difference was only 1c. against hc at the close yesterday The market was steady, prices ranging within very small limit December opened Nc higher at 2s%c. sold off to 26hc and closed at 2sh 62e%c. Receipts, 2se cars.
 LarSe deliveries of September lard had a weakening influence on the provisions mar ket A decline of Sc in the price of live hogs was an additional depressing factor. Al the close October pork was off 12Mc at SIS .b7M. Lard was down Toe at $S. .0h
 Ribs were 1oc lower at $s.so
The Montgomery advertiser., 1905-09-02

Louisville 4 Nashville unified ss <. teaA Mexican Central 4s N M 7s
 do 1et Inc . s. c4x Missouri Kansas 4 Texas 4s ". u. iea ~ National R. R of Mexico consoi is .... si New Jerssv en.a cnn, general hs .. ,ssh Northern Pacific 4s ...,H.. .... .Iosk NorfoIh a ,w.......' ...' ...' .... ..,m SIeson snort Line rfdg. 4s .... .... s1 Pennsylvanfa conv. 3Ms .... .... .106 Reading general 4s . fo2E st. Louis Iron Mountain consol 5s .117H st Louis z San Francisco fg. 4s ...... Ss% St. Louis Southwestern consol As . s3K Seaboard Air Line <s " ....- s0M Southern Pacific 4s " ebI Southern Railway Ss ~. - .. f20L Texas & Pacific ists . ..., .12s Union Pacific As ~ fOsT
 do conv. fs ~ ,1sA United States Steel 2nd 5s ... .... :. .sTn Wabash 1sts .. . -. LsM xrv. ~ ~Sp. Y, - western Maryland 4s .... .... .... SS% Wheeling & Lake Erie 4s .... .... s1
 "iSSDHsih central 4s s... HAS
The Montgomery advertiser., 1905-09-02
AInhnmn at Departmentn.

Washington. Sept. 1,-(speciaI)- Rural carriers appointed for Alabama routes: Ashford, route 5, starlys Rigen carrier. J. H. Knight substitute; Talladega. route 4, Clarence L. Stock dale. carrier. Jas. H. Stockdale, substi- tute. Union Springs. route 1. Alexaa- der L. Brewer, carrier. John L. Todd. substitute
 Postmasters appointed: Carney, Baldwin County. Fannie H. Carney. Vinemont, Cullman County. Lillian N Powell
The Montgomery advertiser., 1905-09-02
MARINE NEWS.

Mobile Sept. 1.--Arrtved: Str. Ellis. Nor, Hansen. Bocas del Toro. stopped at Middle Light. Bay Channel; Cleared; ssrs EsPana' Nor Danielsen, Ceiba: Belize, Nor, Chris tiansen. Belize; sorland, Nor. steinart, Cartagena. 1,,. r.- ,,..4.,,-
 New Orleans Cleared; strs, Proteus' Parker New York; Mexican Prince. Br.,
 Port Eads-Arrived: Str Excelsior, Hoo ner Havana; El Dorado. Prescott. New York sailed: strs. Esparta Br., Rose, Port Limon; Nicaragua. Nor, LaEsssn, Living SJnia der. Kavser, Hamburg; Crown of Granada. Br, Gouchy Glasgow. The steam shin Preston, Nor, IFgens master, previous i,l renorted arrived. has sailed for Colon
The Montgomery advertiser., 1905-09-02
In.urreut. on warpnth.

London. Sept. f.-Information has reached London from Sofia that 500 BulRarian- Macedonian insurgents. fol- lowers of Boris SaTafoff, have left Sofia and are expected to raid Turkish terrlrory.
 IL is supposed in Sofia that some bfu movement is on foot and the Turk ish authorities fear serious dfsturban- ces. The Bulgarian bandits in Mace aonia are extremely mobile.
The Montgomery advertiser., 1905-09-02
NEW ORLEANS SPOT COTTON. New Orleans, Sept. l.--Cotton quiet; sale
NEyy ORLEANS COTTON.

New Orleans Sept. l.-spot cotton quiet; |; maics aTS bales Including l25 to arrive. f1slDtations unchanged
 Futures quiet and steady with light trad Ing The fluctuations were numerous and Talriy wide giving room traders the oppor- 4onftv of doing a profitabIs business. The market opened 69s points down and unfa- yogable New York and Liverpool soon car sfed ,,rices sos points lower Covering by sherfs caused a recovery of 20 points ana 4MB points above last evenings finals T@te f1 the session reports of rain in Texas were received and prices eased off The market closed quiet with net losses of 49S noints.
The Montgomery advertiser., 1905-09-02
DAILY COTTON MARKET.

syafverton--Quiet. I0%c; net receipts. s. sf7; groas s.7iT; sales. 423; stock. 77.425; shipments. coastwise. 1,47s.
 New Orieans-Quiet. 1o%c: sales. a73; stock, ks.o44. shipments, coastwtse. 400.
 Mobite--Easy, f0Ac; net receipts. 167: Kfnsa. Ikg: sales. so: stock. 3.2s4; ship maNnts, coastwtse, 244.
 savannah--Quiet. 10%c;- net receipts, G. Gs2s gross. s.s4z: sales, i,74o; stock. 5b.7ss: nhlpnnents coastwise i,0e0.
 charieston--steady, ioAc; net receipts. NTS; gross. SIS: stock. 4.89s.
 Whining nKton--Steady. foskc; net receipts, 11a: gross. f1s; stock. s.5s6; shipments. Euasfwfse. i.
 Norxolk--steady, i0&c; net receipts POT 1; gross POT: sales. 5s: stock. 14.se7; ship Sn@nta, coastwise, ss3
 BAlfamore-NominaI, lie: stock. 5000.
 New Y0rk--Quiet, 10 95c: gross receipts. 7aAs sales. 2s.To0: stock. 13s.4S2.
 HoAfon--luiet, 10. s5c; net receipts. 2ei :; Efoss. I.seo; shipments. to Great Britain.
 Philadelphia Quiet il 200; gross re- cnipta. S7s; stock. 1.2s1.
The Montgomery advertiser., 1905-09-02
NEW YORK DRY GOODS.

New York. Sept i.-satisfaetory buying Eef today, both at eirst and second hands. and although sobbiug buyers are showing e6nssrvatism, their disposition 70 operate ahsad was accepted as an indication of eheir faith in the market PFicea were laxksly without change.
The Montgomery advertiser., 1905-09-02

T IndicateA trace of precipitation.
 Temperatures average about stationary or slightly higher: rains in all districts, except Augusta Charleston and Oklahoma. being a mere sprinkle in Wilmington district and heavy in west-central Mississippi
 FRANK P. CHAFFEE,
 Section Director Weather Bureau
The Montgomery advertiser., 1905-09-02
NAVAL STORES.

Savannah, Sept E--TuFpentine firm bIc; sales. 257; receipts. 51s: shipments. s2.
 Rosin firm; sales, 2.2ss receipts. s.o35; ss.e0; F. s4. 00; G. s4. 10; H. 4.2e: I. s4 90; K s4. s5; M. $40; N, s4 50; W c. $4. 95; W W, $5. 40.
 charieston-Turpentin and rosin nothing doing.
 WiImington-spirits turpentine. soc: re- ceipts. 32
 Rosin steady, ss.17h bid; receipts, 222.
 Tar firm, $1. so; receipts. 10S.
 Crude turpentine firm, s2.I5, s4.2s and $4.75; receipts, 135.
The Montgomery advertiser., 1905-09-02
Indicates rise. indicates fall


 River Forecast.
 (Fcr next two dayS.1
 The coosa and Alabama will continue to fall slowly. --+-=..--
 Weather Conditions.
 (Past 14 hourB)
 Scattered rains have fallen in extreme southern Florida and In all cotton districts. except northeastern Georgia, eastern South Carolina and Oklahoma. being a mere sprinkle in North, Carolina and heavy in west-central Mississippi; showers have also occurred in Montana the upper Missouri and upper Mississippi valleys, and upper Lake region. under influence of a storm area moving eastward over Kansas; gener- ally fair weather now prevails south of the Lake region and west of the Mississippi except raining in southern Montana: pro nounced high. with crest over Washington is giving sharp temperature falls from Mon tana east through the Dakotas; tempera- lures have also fallen to degrees at PittsburS, Washington city and Ashevtlle and changed but slightly elsewhere.
 COTTON REGION BULLETIN. For the 24 hours ending a. T.. 7StA meridian time. "..: ..~...-:
 MONTGOMERY. Ala, Sept. 1. 1905.
The Montgomery advertiser., 1905-09-02
- - ' ilsI.E a si1PPIY HE " sTATEMENT.

New Orleans Sept. 1.-Secretary Hester's statement of the worlds visible supply of cotton, made up from special cable and teie< urnphic adyices. compares the figures Of <hie week with last week. last year and the wear before. It shows q decrease for the week tuax closed of t3134. against de rrease of 2T.o54 last year and decrease of n1.sS6 year before last
 The total visible is 2.55s,s51, against D. s70,zss last week. l.121.25 last year and l. HsS.SDa year before last. Of this the total ai American cotton is 1.s4sss1. against l.. G14RB last week, 474.251 last year and SE7,s0s year before last and of all other Kinds. including Egvot. Brazil. India, etc. Msf year and e4i, 900 year before last.
 Yha. total worlds visible supply of cotton sa above shows a decrease compared with lasf week of 12.i34, an increase compared with last year of 1,437.1o0, and an increase compared with year before last of l,t1O,o43.
 Of the worlds visible supply of cotton as above there is now afloat and held in Great Britain and continental Europe l. asS.oop. axalnst 5T5.o00 last year and 5SS.0o0 year bsfore last; In Egypt 4s,ooo, against s5.ooo last year and s,ee0 year before last; in India SIS. .oo0, against 3s0,oo0 last year and ssi.eeo year before last; and in the United efafes AsA, GOO, against 161, 900 last year and 4e0, 900 year before last.
The Montgomery advertiser., 1905-09-02
LIVERPOOL, COTTON FUTURES. liverpool Sept. 1.-cotton futures open
 
rorAr. CoTToN FARwrT.

Tn the local market yesterday spot cottor Svas quoted as follows; MIddiing smooth. dry and well
 rinned .. .... .... .-.. .... 10 E
The Montgomery advertiser., 1905-09-02
RANK CLEARINGS.

New York. Sept. 1.-The following table, compiled by Bradstreet. shows the bank with increase and decrease as compared with corresponding week last year:
The Montgomery advertiser., 1905-09-02
KANSAS CITY LIVE STOCK.
NEW ORLEANS SUGAR.

quiet; open kettle centrifugal, 4ha4Nc: centrifugal whites 15-Ie@5 1-16c: yellows A@4%c: seconds. 2M 63%c
 Molasses nominal; open kettle. 13 q 36c: centrifugal. 6@I4c.
 Syrup nominal. 25 @ soc.