davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1907-02-10
Speaker Wins POint'

Seeing this. MT. Powell moved, in the midst of the roll call, that the amendment and the bill be laid on the table. This was promptly declared out of order during the roll call by Acting Speaker Carmichael, as was another motion, a moment later. by Mir. Power of I.cr. that the House adjourn.
 Considerable difficulty was ascer- tained in securing a quorum to vote on the motion to table. MT. Car michael was forced to call upon mem bers by name who were in the hall to cast their votes. A bare quorum was finally secured. and the motion to table the Martin amendment was declared lost by a vote of Il to 43.
 MT. Martin then moved the previous ouastion on the amendment and the bill but Mir. Powell interposed a motion to lay the bill and amendments on the table, and 1t prevailed on a viva voee vote. ,.. IL
 The House immediately upon the the conclusion of this slklrmish, at b;2b o'clock. adjourned until Il o'clock Wednesday morning.
The Montgomery advertiser., 1907-06-08
Clarence N. Jones
 Investment Broker
 22 Commerce Street

municipalities be obtained. and this ap- pears 10 De partially accomplished.
 The city Of Toronto has already arr ranged for 15,000 horsepower of cleo trlc energy from Niagara. the price be- ing $l4 to $16 per horse power for a supply Tor twenty-four hour day, in- cludthg transmission to Toronto. the local distribution to be in the hands or the municipality. and it is believed that number of other cities and towns will make similar arrangements.
 These agreements are made with the Hydro Electric Power Commission, and it in turn must either secure the pow CT supply from the existing private companies or else proceed to develop its own stations.
 It is hardly probable that the latter alternative will be found necessary, since the result would be to leave the private corporation with the greater part of their prospective custom per- manently taken away, so that the real consequence of the recent legislation is to compel the companies to supply the municipalities through the com- mission at prices determined by the en- gineers of the new body.
 It is possible that such measures will prove advantageous to the public. but much will depend upon the man ner in which the law Is carried out. It has been intimated that this leg1s- lation will render it exceedingly dffh- cult for promoters to induce outside capital to engage in the development of natural resources in Canada here after
The Montgomery advertiser., 1907-06-08
SECRETARY TESTERS WEEKLY cor
 TON STATEMENT.

New Orleans. June 7.-Secretary Hester's weekly New Orleans Cotton Exchange state ment issued befores the close of business today. shows a decrease in the movemant into sight compared with the seven days ending this date last year in round figures 96 900. a decrease under the same days year before last -S 64, 900 and an increase over the same time in 1904 of 19 900.
 For the seven days of June the totals show a decrease of 26. 900. under last year. a decrease under the same period year be- fore last of 63000. and an increase over the same time in 1904 Of 19000.
 For the 280 days of the season that have elapsed the aggreate Is ahead of the same days of last year 2479, ,000. ahead of the same days year before last 6e00 900 and ahead of 1904 by 3,a52.O0n.
 The amount brouxht into sight during the past week has been 56, S76 bales. against s3 3OS for the seven days ending this date last year. 121.0s7 year before last and 37.7S2 the same time in 1904.
 The movement since September 1st shows receipts at all United States ports 9.67l. 909 against 7,54S.4s3 last year. s.324.0i7 year be- fore last and 7,O1s.s42 the same time in 1904. Overland across the Mississippi, Ohio and Potomac rivers to northern mills and Canada 1.159.9i3, against 939,321 last year. 1,026.420 year before last and 902,SS9 the same time in 1904 interior stocks in excess of those held at the close of the commer- esaI year i43.s6o against 12e,7i7 last year.
The Montgomery advertiser., 1907-06-08
THE STOCK MARKET
ABSORPTION BROUGHT ALMOST TO A
 0TANDSTILL.
Movement Was Most Impressive by Reason of faiiurc of the Foreign Ex-
 change Market to Show

New York. June 7.-sAn active absorr-'on or stocks on rising scale today . ! brought almost to A standstili by the -a- expectedIy heavy engagements of gold ior export to Paris tomorrow. conditions in the excnange market had prepared expectation 'or an additional shipment to morrow but so large sum as y3.600,000 was sur- prise The movement was the most im- foreign exchange market to show any ef- fact as Is usual, owing to the custom of sS..-ns eAehaAge bills against gold ship today. however. were firmly maintained and 1t was seen that the outward go of gold Was to extend over into next week. The New York for s4.0oo.0oo on subscriptions to New Haven notes which mature next week. but this obligation seems to have from here to Paris. Todays S3.s00.000 engagements will not figure in tomorrow's treasury,'s absorption from the general mta. sr market up to Thursday night principally on account of gold withdrawal for export to only small extent by the balance in favor of New York the currency move msnt with the interior. that balance having fallen considerably below the figures for sew erai weeks past sS,
 This course of currency had no effect on ,a the the rates M for cal loans today. The tone mained steady. Payment was made today also or e $3.0e0.000 installment of subscrip- tious on +tTcdt GSoflnSTn pLu new StotAo- This heavy drainage of cash reserves while so many eager requirements for new capital purposes. in spite of absence of effect imme- dtately In the money quotations. Much importance is also attached to the govern ment crop report to be given out Monday as a faetor toward settling convictions in the crop conditions Reports of low con- dition estimates Of winter crops today made hv state authorities in Kansas and Ken lucky served to shake to some extent the confidence that has been felt that Mon days government crop report would show marked improvement over the previous monthly estimate feature of the day relations which came into circulation.
 Apparently the plan for transfer Of con trol of the Boston and Maine to the New York. New Haven and Hartford gave the impetus to these rumors. Many of them eentered about supposed transfer of com troi of the Delaware and Hudson. but none of them received any official sanction The coalers were all helped by the prosperous conditions in that trade. Inelud- ed in the showing was the huge increase m tonnage of the many shipments over those in May of last year. There was continued discussion or reports from washington of an intended conference of government officials which 1t was alleged decision would nc reached in the prosecution of the Harrt- man combination.
 The check to activity which followed the gold export engagements resulted in only slight concessions in prices and they were lifted to the highest level again late in the day. The close was fairly steady.
 Bonds were firm. total sales par valr ss2e.ooo. United States bonds were unchanA ed call.
 NEW YORK CLOSING STOCK LIST.
The Montgomery advertiser., 1907-06-08
CHICAGO GRAIN AND PRODUCE.

chicaso. June s-A rumor that the forth
 coming state crop report will show condi- by damage reports from the state caused furry in today's wheat market and ad.
 yanced prices more thon two cents above
 Uw sosed 0l wsas sas The uy being down 1hc. The September option was
 showed 'uy st ,oss eSsn of shade lower to 2kc higher.
 The sharp nupturn in prices followed tks
 elarins that the state crop report which Is to be issued in a few days will place the condition of winter wheat on June l. at
 this alleged deterioration was severe frosts during the last month. Reports of damage
 hy cold weather also came from other parts of the state The early market was weak because of free selling by pit traders who based their sales on the favorable weather
 now prevailing over the entire s spring and fashion and carried prices up more than
 soon waned and under renewed liquidation prices again slumped. The fresh decline carrying them to a new low level fur the delivery. break of more than three cents in July oats also weake.ed wheat. The close was weak.
 July wheat opened H@Ac to .-&9hc and and sse and closed at s5N Sssc. septem6sr opened %c to %c lower at sSnc to sSNc- ! ranged between ssH 9si.eo% and closed
 ciearances of wheat and flour were equal to 213.400 bushels. Exports foi the week as shown by Bradstreets were equal to 4s2, GOO bushels compared with 247,0oo
 bushels on the same day last year.
 Minneapolis, Duluth and Chicago report ed receipts of 344 cars. against 4ee cars last week and 1s3 cars one year ago.
 Because of firm cables and numerous re- ports of damage by cold weather the corn
 market was firm early in the day but later declined along with wheat. July opened hc to hc higher at 54Ac to 54Mc sold up to SAC and then declined to 5s&c. The close was at b3&c. Local receipts were eo@ cars with 275 of contract grade The oats market was again supJected to heavy selling 9ressure from leading holders who all day closed out lines of July oats. Because of this selling July declined 3hc from the high point of the day Other deliveries showed similar losses. The mar ket closed weak.
 July opened unchanged to hc lower ct 47M @ Nc; sold up to 4T%c and broke to 44hc. The close was at 44xo. Local re- ceipts were IA cars.
 Provisions were quiet and steady. Loca. packers were moderate sellers of lard and brought about slightly easier tone in that product. firm market for live hogs steadied provisions. At the close July pork was up 2ho at SIS: 30. Lard was shade lower at ss.o2M. Ribs were unehauE- ed at sS.75. 2s cars: corn S5; cars; oats as7 cars; nogs 16.000 head. .
The Montgomery advertiser., 1907-06-08
I1yERpooI. corroN FuruREs.
H. q &B. BEERS COTTON LETTER.
By Private Wire to c. e. Abercrombis q Co. S1 ComInerce Street A

N OO., S6 COmmerec street.
 New Orleans, La. June 7--The re- turn of favorable crop weather which made its appearance the latter part Of the past week has failed to effect the the damage which according to reports. private and public has been so serious as to prohibit cotton recently, and now being planted from maturing owing to plant before its maturity. such as oc- cured in the years of 1905, and 1903. when the June condition of the crop was placed at TIP and TAI. respective. iy against 70.5 this year. Regarding prospects for aNcotton crop in Texas this year, a prominent North Texas cotton firm published review of the situation in the State wherein 1t was with the worst prospects for a crop than has existed within the past twen- ty-five years, and concluded with the said to exist in Louisiana. Arkansas. Mfssfssipp and Louisana. The long looked for summary of reports of The New York Journal of Commerce. when or the crop at the close Of May at the very low average of 6s vs S2 last year. aud the probable increasein acreage was placed at only 1.2 per cent. over that of one year ago. and in conclus- ion stated that the crop outlook was the worst in forty or fifty years. The more one studies the different features VI the DuTedu report or June 4tn, the more does he become imbued with the conviction that the possibilities for an average crop of about 12.S00, 900, much less large yield of about 13,000, 900 are more than remote. In ours of yes- terday we pointed out the fact that about per cent of the total acreage planted in the years of 1905, and 1903. had to be abandoned to grass and weeds on account of the wet planting season In those years, the spring of the year having been very wet; but not near so bad as in thls year when the rains were accompanied by alter hating cold waves of a destructive character. The June condition of 705 represents a loss of about Is 1-2 per cent when compared with last years average of S4.6, and if an additional loss of about per cent be allowed Tor the amount of land to be aban- doned this year. present indications although they remain subject to change by future weather condition are Indi- eative of a yield of about go per cent less than last years crop which points to about 13.500.000. We are not given to making of estimates, but 1t would not require an expert mathematician to figure probable results even under the most favorable weather conditions of the future. t,
 Owing to. tn elateness of crop. scar- city of desirable cotton and strength of spots, there is talk of much manf- pulation In summer months, which would probably affect the whole list Yours truly, v
 c. c. Abercrcmbie & Go.
The Montgomery advertiser., 1907-06-08
SECRETARY TESTERS MoRLD,s WISH

New Orleans. June 7,-Secretary Hester's statement of the worlds visible supply of cotton made up from special cable and tele.. Rranhtc 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 107.s20 against de- crease of 127.s11 last year and Q decrease of 57.1s6 year before last.
 The total visible Is 4.o73.275. against 4.- ls1.o95 last week, 3.621.0f0 last year and 3,S176S6 year before last. Of this the total of American cotton is 2.s77.275. against 2,S12.095 last week. 2.l5S.010 last year and 24ss.6ss year before last. and ot anSIther kinds. including Egypt. Brazil India. etc.. 1886. 900. against .000 last week. 1.46S.- OOo last year and l.s7s,ooo year before last.
 The total worlds visible supply of cotton as above shows a decrease compared with last week of 107.s2s. an increase compared with last year of 452.315. and an increase compared with year before last of 255.5SS.
 Of the worlds visible supply of cotton as above there is now afloat and held in Great Britain and continental Europe 252i. .ooo. against 1,s22.ooo last year and l.seo;o0o year before last; in Egypt 1o6.ooo, against s. 0Oo last year and 100000 year before last in India 7Ss,ooo, against ss4.ooo last year and s57.ooo year before last: and and 1 ,n ,ns, the year and 74l,000 year before last.
The Montgomery advertiser., 1907-06-08

Erie general 4s s0h Rocking Valley lks .... ....lvSA Japan ss .... .... .... ..,' .... '... ysn do. 2nd Series .... .... .... .... SEA Japan fhs certificates .-.. .-.- sz do znd- Series. pl3
 Lou. & Nash. Unified 4s. .... ......lo0 Manhattan con gold 4s .... y7 Mexican Central 4s IIa dc. lst- Inc .... s... .... " Minn. & St. l. Is .... = ...~ .... ..Ss4 Ms, K. & Texas Is ... .... ...... y5
 do 2nds ,... .... .... .... ssx.
 ". '. Central gen &s .... .... szS N. J. central gen. 5s .-..123h Northern Pacific 4s s.... .-..,. l00n
 NorfoIk < West. con. is .'. -. ssS
 Oregon Short Line rfdE 4s ....... ss Pen. cv. 3hs .... .... .... ...... y3 Reading gen. 4s .... .... .... .... ssN St. l.. & I. M- con- bs .... .... .... .1lOA Si. l.. & s. F. fg. Is ..-. .... .... 7sM St. L. & S'west con Is 13 Seaboasd Air Line ts .... .... .... n Southern Pacific As ..t........ Sah do. 1st 4s certificates ,....... syS Southern Ky. 5s ..., lvs A
 Texas Pacific ists ........ ..llsa
 Toledo. St. L. W. 4s .... .... ....7s Union Pacific ts .... ....l 6lH u. s. Steel 2pd 5s :. 95t7 wabash lists .... ...t... lOS ta Wabash Deb. B... ...... v Wheeling ss L. Erie 4s .... ;. s5 Wisconsin. Central 4s .... .... .... Ss
The Montgomery advertiser., 1907-06-08
NEW ORLEANs COTTON

New Orleans. June 7.-Spot cotton quoto- tions were revised by the committee today with the result of a uniform advance of sAc pound on all grades; middlng 12%c. Edarket firm Sales were 1.200 bales on the spot and 250 to arrive.
 net lower to one point higher. Weather r5- ports were fairly good but prices did not drop appreciably for this cause. July began a sensational advance which ran to twenty nine points or nearly s1 50 per bale and carried this option to the thirtGen cent mark This was the first time in nearly four years that thirteen cent cotton has been quoted at New Orleans and July's ad- vance served to carry the other months uD though they advanced less rapidly. The other active months showed gains of four teen to twenty points. July's advance was due to reports from New York that 2 Roreign syndicate has opened negotiations fes buy 100, 900 bales of July on the agree niant nat to retender on contract but to dis
The Montgomery advertiser., 1907-06-08


 1ss7fs year before last and ios.37 the same time in 1904; southern mills takings vssOo0, against .l.977,3s0 last year, I,s3k- s. sne year before last and 1.69o, 96s the same
 These make the total movement for ths zkO days of the season from September list to date 13,704.1s2. against 1o,5s4,S S9l last year. l2.ss4542 year before last and D. 7Z2.42s the same time in 1904
 Foreign exports for the week have been IS.645, against 1905 last year. making the total thus far for the season s,IO2,ss against 6,o2s.so2 last year. an increase of
 Northern mills takinxs and Canada dur ing the past seven days show decrease of s,ls2 as compared with the corresponding period last year. and their total takings since September list have Increased 1s5s35 The total takings of American mills, perth. south and Canada. thus far for the season have been 4.6sa.S35. against 4.2e0.s61 iast year. These include 2.434.69e by northern spinners against 2,24S.s61.
 Stocks at the seaboard and the 20 leading southern interior centers have decreased during the week S0,977 baleA against a de- crease during the corresponding period last than at thise date in 1906.
 Including stocks left over at ports and in- terior towns from the last crop and the number of bales brought into sight. thus far from the new crop. the supply to date Is 1887. 1852. against 11.o3s,422 for the same period last year.
The Montgomery advertiser., 1907-06-08

New York. June 7.-options of July cot
 ton sold at i2c pound on the New York cotton Exchange for the first time this sea-
 son after an, advance of about half cent per pound or s2.5o per bale.,s From II. 5o the low point of the morning. July advanc- ea ID k&.d per pound, hut went off to II s5
 at the close, net advance for the day sof about $2 per bale. The trade in cotton of
 later months was comparatively quiet and
 the best showed gain of about sl a hale support and covering by the bears. Reports were circulated that large exporters were buying the July options freely and that lo- cal stocks would be shipped to Liverpool. Rumors of poseible corner in the old crop positions were also circulated.
The Montgomery advertiser., 1907-06-08
cANADA's UsF oF NIAGARA.
Government COIAAsV.Ss Wift PriVau
 Power COmPanles.

GOVernment COLAA WIIN NEIFHte
 Power COmpahles. Cassier's Magazine.
 power of Niagara, on the Canadian side, is leading to some interesting se- quence.
 tric Power Commission has been cre- ated, and in the hands of this body has been placed the entire domes. tic regulation of the power product or control.
 Tn addition there has been given to the various municipalities the right to energy within their respective limits.
 In order that the Commission may be in a position to dictate terms to the existing private companies 1t is imr Dortant that the corporation Of the
The Montgomery advertiser., 1907-06-08
NEW YORK BONDS.


 U. s. refundng 2s. registered ..io4A oo' coupon s's. '''' !o5 U. s. 3s. registered .... ......loS U. S. Old 4s. registered .... ioo& do coupon -; '''' zee 'I99% 19S oo. coupon ''s' '''- 'Aso fs American Tobacco 4s .... .'.. 1S do. 6s .''. ''''1Vo 1 Atchison gen. As .. ....'' ..'- SS
 do. adjustment 4s ..''.- soh Atlantic Coast Line Is s5h Baltimore & Ohio 4s ...' .. s~
 do. SRs =. .... .''' ...' S. Brooklyn R. T. cv. As ...... Sl 4 Central of Georgia 5s -... .l0s # do. 1st Inc .... E''' ..'' oSN GO. 2nd- Inc "'.. '''' ~
 do. 3rd Inc .-.. '..' ''.. es Chesa. & Ohio 4hs ... ..'. ''.. ''''luO Chicago & Alton slks ...--- eI C. B. e. new As .... ..'' ss% c. R. I. & Pacific R R. Is .... SIX c. C. C. < St. L. gen. As .... .... ssh Col Industrial 5s. ser A.... ...... sSh Col. Midland 4s ....'' .... 6S Col Southern 4s ..-- Ssh Denver Rie Grande 4s .. .... .. ssM DistiIiers' Sec. 5s .... .... .... s1 Y Erie prior lien 4s .sA'. .''' '''' .' sS
The Montgomery advertiser., 1907-06-08

of several employees in some large houses. The primary cotton goods market holds firm and active within the limits possbla when goods are scarce. Samples of new clip wools are arriving Fancy serges will be opened next week. The jobbing trade for the cay Was more active.
The Montgomery advertiser., 1907-06-08
Finance i'm Alabama.

AHUdIubId NEWSs
 If you can spare the time you ought to take up the study of finance in Ala bama. Even though you cannot spare the time, perhaps you had better study It anyway. Under the Conner admin istration everything and everybody is taxed to the limit excepting cotton mills u
The Montgomery advertiser., 1907-06-08
TAKING OF AMERICAN COTTON B1
 SINNERS THROUGHOUT THE VVnRWn

New Orleans. June 7.--Seoretary Hester gives the taking of American cotton by spin ners throughout the world as follows in round numbersi ,. ,z.
 This week ls2. 900 this year. against l74.- 000 last year. and 2l0,000 year before last
 Total since Septembsr 1st, this year H., 27s OOO' against i0069.000 last year. and
 SF fhis Northern spinners and Canada took 2435 900 bales this year, against 224s,- o00 last year and 2.12S.0Oo the year before , Southern spinners 2l51, 900. against 2.O32OOa iast wear and 1872, ,O0O the year before: ana me foreign spinners 6,6s70oo, against 5,IsS'o"o last year, and 6.Se7 ,00o the year betors'
The Montgomery advertiser., 1907-06-08

NEW ORLEANS COTTON on. New Orleans. June 7.-Cotton seed oil prime 54c: crude nominal COMPARATIVE COTTON STATEMENT New York. June For the week ending Friday June z:
 This year. Last year Net receipts at all .. S.
 ports during week .... sl,009 64,720 Total receipts since Sept
 1st -. .... .. ..e.s7l.sos 7,5571s1 Exports for week .... s9ss9 sr.A5S Total exports since Sept Stock at all U. S. ports. 42S013 45s. 404 Stock at all interior
 towns 24S,2S5 257. 447 Stock at Liverpool ...... S62,000 Stock of Ann. afloet for Ct Britain 41,o00 MEMPHIS COTTON OIL. Memphis. June 7.-Prime cruda oil BIC; choice meal s26. WEEKLY INTERIOR COTTON TOWNS.
 New York, June z. 1907.
The Montgomery advertiser., 1907-06-08
THE METAL MARKETS.

!. New York, June 7.-There was a severe 1ecline in the London tin market. spot clos in< fl 5s lower at f1S5 and futures f2 lower at f1s1 5s. Locally the market was dui' with spot quoted at $40 75 @ $41. 6O;
 Copper was 5s lower in London with spot luoted at fs7 5s and futures at fa4 5s. Lo-- rallv the market appears to be easy al for hi1her nrices Lake is quoted at $24 Ss24'f5; eiectrolytic at $22. 1928. 50.
 Lead was unchanged at s5.70@s5 80 In .he local market and at f20 in London.
 Shelter was unchanged at f24 los in Lon ion and at SC 40@s6. 50 locally.
 Iron was lower in the English market with standard foundry quoted 5Ss and cleveland warrants at 59s Sd. Locally the market was unchanged.