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The Southern farm gazette. (Starkville, Miss.) 1895-1909, 1905-07-15
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The Southern farm gazette. (Starkville, Miss.) 1895-1909, 1905-07-15

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The Southern farm gazette. (Starkville, Miss.) 1895-1909, 1905-07-15
When Cotton Paws

7. :. Robjn~or, Natchc5, Miss.
The Southern farm gazette. (Starkville, Miss.) 1895-1909, 1905-07-15

l.. |. lusrY, Clinton. Miss.
The Montgomery advertiser., 1905-03-29
WALL STREET REVIEW
STOCK MARKET AFFAIR OF CONSTANT
 FLUCTUATIONS.
Occasional Rallies Did Not Amount to Much and Day's Closo Showed Prices Considerably Lower Than
 Previously.

New York. March 2s. Today's stock market was an affair of constant fiuctua- tions. giving an appearance of uncertainty to the temper ot |! c speculation. but the fluctuations were mo..iy below last nights level. The occasional rallies were poorly held and the end of the day showed the average of prices considerably below last night.
 The activity was nearly all on a descend leading up to dullness and neglect. show ing the subsistence of the demand from the shorts at the higher level. Call money again touched { per cent and the outlook in the money market was the most direct factor in the, operations of the day. Pre- parations were being made for subscriptions to the new Japanese loan which is to be offered tomorruw,ra $75.000,000 installment being New Yorks portion. Those in charge of the offering claim that every safeguard will be adopted to protect the money mar ket from disturbance and that the opera tions will be largely in the nature of a
 But wall Street has an old experience of such assurances and is well aware that an operation of that magnitude is not per fected without a necessary shifting of loans on a large scale. The amount of disturb ance resulting in the money market Is likely to be dependent on the width of the margin surplus above the legal reserve requirements.
 Sterling exchange was strong and moved decisively away from the gold import point or its immediae prospects.
 Bonds were irregular. Total sales, par value, s2s45,o0o. United States bonds were all unchanged on call.
 NFW YnRK STOCK LIST.
The Montgomery advertiser., 1905-03-29
HAYWARD, WICK 6 CLARK'S COTTON
 LETTER.
(By Direct Private Wire to Virgin & Faunce.
 Managers; Phone 788.)

(By Direct Private Wire to Virgin & Faunce.
 Managers; Phone 73S.)
 New Orleans, March 2S.-It was rather . disappointing session on the exchange to- day. 1t was expected that the final census bureau report on the amount of cotton Kinned this season would create no end of excitement and move pries strongly one way or the other, but the reading of the report caused only momentary excitement and then the market again lapsed into the apa- thetic state which has distinguished 1t of
 The report said that 1s.5s7.7s2 bales in- ciuding linters, counting round as half bales. bad been ginned this season This total was arrived at from returns from agents who made a personal convas of the gnneries- They found that the active gin nerIes this season numbered So,Ss7: against the bureau stated that the number of gin hers who refused to give bureau agents information for the final report was insig- nificant. Ginners were requested to make estimate of the cotton yet to be ginned by them and the total of these estimates is 1e2,27S bales. which is included in the total amount named above The items in the
 sanare bales. Is.1os.447: round. 2ss.Js1: sea island, l04,Sl7; linters. 241.S42. The bureau states that the crop reduced to 500 which seems an impossiblity when Hes ter's last report on the weight of cotton is taken into consideration. This report stat ed that the average weight of the cotton pounds per bale. It will be noticed that the crop in 500 pound bales as figured by thaabureeu is less than the total first given.
 s apd that is that Sfe tSs ssusns Supess 11 @ ecnsidefD that cotton bales this season weigh lees than 500 pounds piece. Taking the census bureau's own figures there are Is.- cordlng to Hester. weigh in the neighbor- hood of 6ae hounds each. Reducing these sanars hateAba-soo pound bales gives-an ex-
The Montgomery advertiser., 1905-03-29
NEW ORLEANS COTTON,

New Orleans. March zS. = Spot cotton easy; sales. 3,550 bales. including l,SOO to arrive. Quotations unchanged.
 Futures opened quiet but steady. Inc census bureau reported q crop of 13,5S4,4 45I bales. This was the outside limit that even the bears had fixed and thousands Of outsiders expected to see the prices go tumbling down. They argued that even with a consumption of 12.000.000 bales that there would be a surplus of 1,500.o bales to be carried over next year. But the mar ket was not an active one Within thirty minutes after the report was read the ring, which had been crowded, was almost deserted. In the late trading March open ed points up at 7.59c. but gradually de- ciined to T. 40c. May opened at 7.36c and closed at 7.27c The market closed quiet. March was net l3 points lower, while the other positions were net S@9 points lower.
The Montgomery advertiser., 1905-03-29
New HarbOrmaster.

Governor Broward has named E. Abercrombie. primary n2minee for the position, to the office of harbormaster for this port and that gentleman has assumed charge of the office. MT Abercrombie had to go through two primary fights for the nomination, but emerged from the second one with a fine majority.
The Montgomery advertiser., 1905-03-29
CHICAGo GRAIN AND PRoyIsIONs.

Chicago, March 2S. Reports from all vigorous condition Of fail sown wheat had a decidedly weakening effect on the market here today Wheat for July delivery NG%c. Oats are off Mc. Provisions are down 2h @12hc.
 Weakness was manifest in the wheat market from the start the July delivery opening %aMo lower to a shade higher at S9h @90c. May was unchanged to 1so higher at $1.12k @1.12%. Lower prices CT conditions in the United States were the factors contributing to ths initial weakness of the July option. A feeble rally occurred shortly after the opening resulting in May advancing to $1. 13 and July to 9OMc. ModI crate receipts in the Northwest was partly responsible for the upturn. The show of market soon easing off again on persistent selling of July. The May option was com paratively inactive throughout the day. Many additional reports regarding the ex- cellent condition of the new crop were ceived and these added to the weakness of the situation. One example of these bearish yield of wheat in Kansas at 114,000, 900, which is 45. 900, 900 bushels in excess of the average crop The market sbecame extreme ly weak late in the day on general selling by local traders in addition to selling by Northwestern and Southwestern houses. July declined to SS%c and May to $1. II %. The close was almost at the lowest point of the day. final quotations in July being at ss%c. May closed at $1.12, net loss of 9c-
 Sentiment in the corn pit was bearish and prices showed a material decline. The slump in wheat caused considerable liqui- dation late in the day. resulting in sharp reaction. Enormous primary receipts and prospects of liberal shipments from Ar gentina in the near future were additional weakening influences. The market closed practically at the lowest point of the ses- sion. May opened a shade lower at AS %c, sold up to 4s&c and then declined to 47%c The close was at 7Bc. Receipts, 301 cars. with three contract grade.
 Good weather, the break in other grains and weakness of the cash article caused heavy liquidation of oats, resulting in de- clines in all options. May opened unchanged at 30hc. sold between 291sc and 3Okc and closed at 29Sc Local receipts, 236 cars.
 Provisions were weak In sympathy with the decline in grains. Larger receipts of live hogs than expected also created bear ish sentiment. At the close May pork was down 10@12hc at $12. 67h al2.7O. Lard off sc at $7. 10@7. .12l9. Ribs were 2h@5c lower at $6 .92 F G6.95.
 The leading futures ranged as follows ARTICLES. Open. High. Low. Close.
The Montgomery advertiser., 1905-03-29
Wind and Rain in Kansas,

Ottawa. Kas. March 2s.-The high wind and rain in this city and vicinity caused more or less damage. Twelve persons were injured. One was hurt seriously. The rain fell in torrents. Tn the residence part of Ottawa four dwelling houses were demolished and many outbuildings were wrecked. rele- graph and telephone wires were dam- aged.
The Montgomery advertiser., 1905-03-29
Small Fire Today.

The residence of Charles Hilburn at the corner of Wright Street and Ninth Avenue caught fire from a locomo- tive this morning and as the alarm was turned in from box 52, located at the railroad shops, there was great excitement caused. It was at once thought that the valuable headquar- ters of the railroad machinery was burning. Very little damage resulted to the Hilburn home.
The Montgomery advertiser., 1905-03-29
MARINE NEWS

New Orleans. March 2S Cleared: strs Chalmette, Birney, New York; Wayfarer. Br, Wood. Liverpool; Preston. Nor. IT, gems, Bocas del Toro; Nicaragua, Nor. Larssen. Ceiba; Lady Armstrong, Br., Ab- bolt, Aarhuus via Newport News; Hiram. Nor. Thorsen. Puerto Cortez.
 Port Eads-Arrtved: Strs. Hiram, Nor, Thorsen,. Puerto Cortez; Santanderino. SD. Equrrolia, Port Tampa: Excelsior, Hopner. New York: Orion. Hillary. New York: Puerto Rico. Sp.. Cruisent Barcelona; To- ledo. Ackelmann, Manzanillo; Cuban, BT.. Lofthouse. Liverpool; Cubana. Cuban, Baker, Cienfuegos. Sailed: Strs. Bratten. Nor. Holm. Ceiba: San Jose. Br.. owen. Port Li- mon Manhattan. Br.. Watkins, Bremen.
 Mobile-Arrived: Strs. Belize. Nor. Chris tiansen. Belize: Fort Morgan. Nor. Olsvik. Bocas del Toro; Aim. Nor, olsen. Progresso. Cleared: Strs. HiEpania, Nor. seeberg. Port Limon; Saratoga, Hathaway. Havana; AL ford Menzell, Ger, christlansen. Berken- head.
The Montgomery advertiser., 1905-03-29
To Escort Emperor.

Tangier. March 2s.-Two French cruisers left today to escort the steamd CT Hamburg with the Emperor of Gerl many on board through the straits.
 Mulai Adel Malek has arrived here to welcome Emperor William.
The Montgomery advertiser., 1905-03-29
NEW YORK COTTON FUTURES.
LOCAL COTTON MARKET.

In the local market yesterday spot cotton was quoted as follows:
 Strict middiing. s... .... 1-l6 MiodlinB COG Asss o-Ao Strict low midolfng.. ssss ' M LOW ulQdlinH.s ssss Ao-lo
The Montgomery advertiser., 1905-03-29

Cash quotations were as IoiloWs' wheat-No 2 spring. S1.os@1.l2: No. 8. $10OQ1.l1; No. red, $1. 11% gl.14. Corn-No. ?, 47he; No yellow. 47h e oats-No. 2. 2s%c; No. white.' 2sM e 3lAc.
 Lard, per 100 lbs. s6.97h or .00. Short ribs sides, loose S6. STA or 100. Short clear sides. boxed. Se. S71s 97 %. whiskey, basis of high wines, $l.2S
The Montgomery advertiser., 1905-03-29
THE WEATHER.

Maximum temperature for day. s1 deg. Minimum temperature for day. 5s deg. Average temperature for day 70 des' Normal temperature for day. oi uee; Average relative humidity for the day. 317 deg.
 Total rainfall since Jan 1. 1889 inches.
 River Bulletin. Observations at a. m, 10th M time.)
The Montgomery advertiser., 1905-03-29
TOTAL COTTON MOVEMENT.

Total today. at ali ports, net 43,4ee; ship ments to Great Britain. 3l.603; to France. i3.s25; stock. 641,4
 Consolidated. at all ports. net s5,6s6; ship ments. to Great Britain. 45.932: to France, is.72s: to continent, 24.47s; to Mexico. l. 050.
 Total since Sept 1. at all ports. net T. I2s.74s; shipments. to Great Britain. 2.s64.- ss2; to France, 647,ss9; to continent, 2.410.- 7s2: to Japan. 16o.s2s: to Mexico. 27,l1o.
The Montgomery advertiser., 1905-03-29

New Orleans. March 2S. Cotton easy; BaIes 3.35o Ordinary, 15-16c; good ordin- ary. exc; low middling, 6Bc; mddling. 7xe; good middling. 5%c; middling fair. s-1sc. Receipts. 13,114; stock, 241,92o.
The Montgomery advertiser., 1905-03-29
Weather Conditions. (paSt 24 houre,l

(Past 24 hours.l
 Generally fair. mostly clear weather has continued in the East and South. though a decided storm now moving eastward over Minnesota and a secondary disturbance over central Texas have caused unsettled, showery weather owe rthe Great Plains. the middle West and the upper Lake region temperatures have risen considerably ove1 central and eastern districts, but an area of high" over the far West Is giving fair and cooler over most of that region. with clearing, considerably colder along the east slope of the Rockies the change being pre- ceded by thunderstorms from west central Texas north to the Missouri valley.
 Temperature and precipitation reported by the Weather Bureau for selected South ern stations during 24 hours ending c m-. March 2s, 1905.
The Montgomery advertiser., 1905-03-29
Goes to New Duties.

MT. Bevery Ward, who has secured a position in the office of the State comptroller. left yesterday to take up his new duties. MT. Ward will possibly make his future home in Tallahassee where the once of the comptroller Is maintained.
The Montgomery advertiser., 1905-03-29
T Indicates trace of precipitation.
 FRANK P. CHAFFEE, Section Director, Weather Bureau
William at LIsbOn,

Lisbon. March 2s.-Emperor William and King Charles this morning wit messed exercises by a cavalry regiment. detachment of artillery and a com pany of sharpshooters. The Emperor was subsequently, conducted oyer the Belem naonastry. After luncheon at
The Montgomery advertiser., 1905-03-29

cess of 5oo.eoo bales. which. added to the is,s97,7s2 bales which the bureau says is the crop, gives approximately 14.1oo.ooo of 500 pounds each as this seasons crop with out paying any attention to surplus weight in iinters. The bureau. in figuring the crop in bales of 500 pounds weight. has evil dently shorn each bale of 20 pounds or thereabouts, for bagging and ties without. however. saying anything about 1t in its report.
 The report had little effect. Radical shorts were. disappointed in 1t; 1t pleased only the more conservative among the bears whose expectations were about met Inn mediately following the reading of the re- port there was a drop of about 10 points in prices but a general attempt to take prifits by shorts some rather sensational bidding by prominent longs and disinclina- tion the part of the bears to put out fresh short lines. the market recovered and advanced until few minutes after the re- port was out the-active positonsw ere at the highest levels of the day. Toward o'clock the market really did become soft not on any effect of the report. however, but the rumor thatethe Imperial Bank or St. Petersburg had failed.
 Up to o'clock 1t could not be ascertained whether this rumor had any truth in 1t or not. The market closed about 10 points lower than yesterday. Spots were quiet ana unchanged: sales 3.lo0; to arrive 2so.
The Montgomery advertiser., 1905-03-29
MARKET FOR FUTURES
oPENrSa SLIGHTLY HIGHER ON THE
 eTRENGTH OF CABLES.
weather in South Good and Receipts Sen sattonally Large, Causing Little
 6nap in Demand-Close Was Steady.

New York, March 2s.--The cotton markee oDered quiet and unchanged. points higneE oo cablSs and later were increased some what by covering and light bull support The weather in the South was good. now over and with receipts running sensational. ly lnrgo thers was little snap to the demand end later. when New Orleans sent heavy oolling orders. prices worked ofi, oeins about points net loss Just peiore the consus report was received.
 The report was just about as expected II is was followed by advance or about " s,oints from the lowest on covering and bull support. of which there was active selling for both Southern and local accounts
 The close was steady. within ? points or the lovest, ct a net decline of II @l4 points. Gales were estimated at 100000 bales
The Montgomery advertiser., 1905-03-29
INrERIOR MOYEMENT.

Houston-Quiet. 7hc; net receipts e,o52: gross. s.o52; shipments, s,6o1; sales. 200; stock. s1,es0.
 Auguste-Quiet. 11-lec; net receipts. 73s: gross. 729; shipments. lz5o: sales. 177: stock. 5e.104.
 Memphis-Quiet 7hc; net receipts, B. oe1: gross. 4,204; shipments, 6,oO4: sales HOO; stock. Ss.600.
 St Louis-ouiet, 7s-1sc; net receipts, $50; gross, s.2s3; shipments. s,4o7; stock
 cincinnati--Firm, 7%c: net receipts. $50; gross. $50; shipments 1855; stock. 6,751.
 Total today: Net receipts, 12,7S2; gross, 17.sss; Shipments. 2o.447: sales. l.is7i stock. 262.s56.
The Montgomery advertiser., 1905-03-29

CINCINNATI PROVISIONS. Cincinnati, March 2s.-Flour dull Provisional steady. Whiskey weak. S1,2a.
The Montgomery advertiser., 1905-03-29
Spencer Trask & Co.
 BANNERS
 1MvEoTAagMT CIRCULAR MAILED UPON REQORoT. commissiea 0rdsrp Rxscsssf Upes The New Nork Stock Exchasys. William & Pine Sts., New York. braneh Offios. Alhasy, N. Y.

Brooklyn. Des Moines. Cleveland, Olmpia. Denver. Newport. Tacoma; gunboats Scorpion, Castine. Dixie. De- troit. Gloucester: torpedo boat de- stroyers Whipple. Worden, McDon- ough. Hull, Stewart. Truxton and Hopkins. There are numerous smaller boats as tenders to the larger ships which will be here shortly. and in short order the Newark, flagship of the Caribbean squadron, the monitors Floridn and Arkansas, and the big new battleship Ohio. which has been but recently accepted by the govern ment. will be hero. The new armored cruisers Colorado and Maryland are both en route, while the cruiser Gal weston. which went to the city after which she was named to receive an elegant silver service. will stop here for a few days.
 Taken altogether. the fleet as 1t rests on the broad bosom of Pensacola bay. presents a spectacle that almost causes the loyal American of Pensa- cola to shout as he gases upon the greatest naval vessels in the world right at his doors.
The Montgomery advertiser., 1905-03-29
LovEMAN & CO.'S COTTON LETTER.


 New Orleans March 2s.-The feature of today's market was the publishing of the last of a series of ginners reports on cotton ginned and to be ginned during the season of 1904-1905.
 The report about met expectations. count ing round bales half bales. allowing 241,- ,S tS be at eWt 1o.o14,454 bales in 1904 and io.7s4.47s bales in 1903.
 In anticipation of such a bulletin. local market opened at about last nights level, May 7.36c. The steadiness of the market being attributed to Liverpool having been higher than yesterday, and while spots were advanced four points, .middling .25c. small CT sales were noted. only 1000 for the day. market. as were local leaders on long side. be the ginners report what 1t may. on SfeS MaS aroppeS fram but ongs rallied their forces and succeeded in es- etblishing an improvement. or rather re- ! 7.42c about which level large blocks were bid for in the hope of stampeding shorts.
 The effort failed however. too much cot ton that was not wanted gradually made its appearance and market was on the down grade again. with New York longs reported gsSsd sn the upon the report and private wires from the Northern market stated that foreigners were selling there. the impression prevail ing abroad that inasmuch as there is an assurance of about 100000 bales in excess of probable consumptive requirements there will be falling off in the demand Tor actual cotton pending new crop develop. ments. proposed reduction in acreage and In fertilizer
 As the spinning capacity of the crop Is about 1e0, 900 bales larger than the crop of last season, MT. Hesters figures showing average weight of bales to be about ' pounds per bale heavier than one year ago, thus bringing the spinning capacity of the crop up to about 13,s00,o00.
 After selling low as 721c May closed unchanged. sales, 3.100; to arrive 250: mid ding. 7%c The movement continues on colossal scale, in fact heavier than looked for: port receipts for the day 43.46S. last year 12.39s. since Friday sT,665. against 3l, ,s6E. Exports today, 57.S67.
The Montgomery advertiser., 1905-03-29

ST. LOUIS PROVISIONS. St. Louis. March 2S-Flour steady. Whiskey steady. Sl 26. Pork lower: jobbing, SIP. 20. Lard lower: prime steam. S6 S7h. Dry salt meats steady; boxed extra shorts, $7.l2h; clear ribs, .0o; short clear. $7.25
The Montgomery advertiser., 1905-03-29

the Necessidades palace. the Emperor. King Charles and Queen Amelia visited the public buildings of Lisban.
The Montgomery advertiser., 1905-03-29
New Mayoralty Candidate.

The Good Government League had a meeting last night and the committee having the matter in charge presented the name of c. l.. Shine for the may oralty. the young man now holding the oface of city clerk. MT. Shine who was present. was persuaded to make a speech and did so in very nice style. His platform was couched in a dozen words, the principal of which was "a square deal to all" This caught the attention of all and the young man will come very near win ming out If the consensus of opinion today counts for anything.
 MT. Shine is young lawyer and this will carry much weight with his candidacy. There mas been a great agitation for a young man for the mayoraFy here for the several months past, and the gentleman put forward by the league last night fills the re- quirement so acceptably that he is already looked upon as very strong man.
The Montgomery advertiser., 1905-03-29
NAVAL STORES.

Savannah. March 2S. - Turpentine firm. 54e; receipts. PSI: sales. 42; shipments. L. Os3
 Rosin firm; receipts. l.oss; sales. 4Os shipments. 1.2s7; Quote; A; B. C. s2; s2h; $S 30; I. s3 30; K. $4.o5; NJ. $4.50; N. s4 .75; W G, S5 %: W W, s5.1S.
The Montgomery advertiser., 1905-03-29
a Indicates rise. b Indicates fall.

River Forecast.
 (Fur next two davs) The Coosa and Alabama will continue to fall very slowly.
The Montgomery advertiser., 1905-03-29
DAILY COTTON MARKET. D~~k nInDannAnf

oalveston--Easy. TAG; net Eeceiptss 1s.- eos: gross. 1s.sos; stock. 16s. 16s; ship ments to France. 1s.s2s; coastwise' 2.ezs
 Now orleans-Quiet. 7Mc: net receipts. 1s,li4: gross. 1s.114: sales 2.boo; stock 3li,s16; ahipments. to Great Britain. 24.soo- coastwiss. 2,500.
 Mobile Easy. 7hc; net receipts. ST; sross ST; sales. $50; stock. sL7S2; ship ments, coastwise. 2.27a.
 savannah-ouiet. 7kc; net receipts b. 900; gross, 5.so1; sales. 57o: stock, 4s.o1l; shipments. coastwise. 2,33s.
 ChArleston--Net receipts ss7; gross, ssI; stock, i7.3se; shipments. eoastwise~ g.
 Wilmington--Nominal; net receapts, o5f' gross, es7; stock. 14.1sS.
 Norfoik-Quiet 7Kc: net receipts, a.ss2; gross 2.3ss; sales, as3; stock. S4,116; ship ments coastwise. 1,5s3.
 Baltimore-Nominai, Sc; gross receipts. 1k; stock 3,ss5. s7s.s.es
 New York-Quiet. s.o5c; gross receipts, 1,244; sales. 50; stock, 73,5s5; shipments. to Great Britain. 1,343.
 Boston--ouiet s.o5c; net receipts. 2Ss' grosH e23.
 Philadslphia-ouiet s.soc; stock. s.1so.
The Montgomery advertiser., 1905-03-29

Wilmington Spirits turpentine firm. 5S hc; receipts. IS casks,
 RosIn firm. s2. 50 bid: receipts; so.
 Tar firm. sl. TO; receipts S7e.
 Crude turpentine firm. S2.s0 and s3. 70; receipaE A1
The Montgomery advertiser., 1905-03-29
KANSAS CITY LIVE STOCK.

Wisconsin Central As .... .... .... .. s4
The Montgomery advertiser., 1905-03-29
LIVERPOOL COTTON FUTURES.

Liverpool, March 2S. = Cotton futures opened steady and closed quiet American
The Montgomery advertiser., 1905-03-29

NEW YORK STOCK LIST.
The Montgomery advertiser., 1905-03-29
NEW ORLEANS COTTON FUTURES.

New Orleans. March 2s. - Cotton futures quiet and steady.