davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1907-05-21
COTTON

New York, May 20.-Large outside interest in the cotton market has to- day been made more or less nervous hy the persistent rumors emanatlhS from the opposition to the effect that the New York Cotton Exchange would he successful in it's motion to dismiss my suit and that this success would mean my defeat in effort to reform the New York contract In consequence make practically the delivery here on Illv contracts of a large quantity of 10 wgrade cotton. l do not share view I have confidence in the equity of our American judicial proceeding. and believe that l shall win. More over. my legal resources are not by any means as yet exhausted. Coupled with this influence has been report of Habersham King denying the se- Yiofs sness of crop damage so generally reported As against this, 1 have hundreds of telegrams from the pest informed and most sagacious, people in the South to the effect that the damage to the crop already done, IS in much higher prices for cotton. That the progress towards higher prices will be punctuated by rear- lions. goes without saying. It is now d broad cotton market in which the public is largely interested, but the factors at work. namely, the huge con sumption, drop damage and Continu- olls appreciation In the prices of all commodities. resulting from the in- creased production of gold, will be in fiuences, in my opinion, something more than eppemeral 1T '"ir effect.
 Theo. Price.
The Montgomery advertiser., 1907-05-21
MARKET FOR COTTON
LESS ACTIVE THAN LAST WEEK AND x FLUCTUATIONS IRREGULAR.
General Tendency Appeared Reactionary Owing to Better weather Reports
 With the Close
 Steady.

New York May 20-The cotton market was less active than last week and while tiuctuations irregular, the general tendency appeared to be feact1onary owing to the better weather reports with the close steady net unchanged to fourteen points lower, August being the only month un- cnanged Sales were estimated at 3O0,VVe bales.
 The opening was barely steady at an ad- vance of seven points the old crop posi- tions which were influenced by bull support while the later positions were lower on the favorable showing of weather reports over Sunday. After selling off to net decline of 70l2 points during the early session un- der liquidation and local pressure, the mar ket rallied on a renewal of outside support promoted by the continued bullish private crop adyices.
 July led the advance gaining F points over the closing figures of Saturday While the new crop sold 3q5 points net higher. Offerings increased at this level and durlhS the middle of the afternoon. The market was weak and unsettled under more general lQuidation and bear pressure.
 The new crop was relatively weak ana at one time showed net loss of about l3 c 10 points the active months The close was d little up from the lowest on covering. the afternoon selling may have been in ex- pectation of bearish cables on the weather news. Southern spot markets were un- changed to S higher. generally unehahS- cd.
 rteceipts at the ports today S,2S0 bales, against S,370 last week and ll,SOb last year. For the week (estimated) 52,0OO bales, against 59,234 last week and Io,oio iAat year.
 Today's receipts at New Orleans l,97s bales, against 1,7SS last year. and at Hous- ton 1,293 bales, against 329 last year.
The Montgomery advertiser., 1907-05-21
H. & B. BEERS COTTON LETTER.
By Private Wire to C. G. AbercrOmbie & Company, S2 Commerce Street,
 Montgomery, Alabama.

By Private Wire to C. G. AbercrOmbie &
 Company, 32 Commerce Street,
 Montgomery. Alabama.
 New Orleans. May 20.-Failure of the pre- dicted rains to materialize over Sunday in the cotton belt, except at a point two in Texas and Oklahoma. the rainfall at Kerrville Southwest Texas. being heavy. 4. 32 inches but local. market ruled easier today after having shown much resistance to efforts that brought about the reaction noted in the afternoon. The weekly wealth CT and crop review of Mir. Habersham King today was less hullish than hia report of last Monday, and although it differed with conclusions arrived at by The New Orleans Picayune on progress of the crop during the past week. 1t, nevertheless. had m unfavor- able effect upon the market, the summary of which read as follows: Undoubtedly considerable progress must have been made during the past week in cultivating cotton already up. and In completing planting which is the favoring temperatures have done much toward restoring vitality to the young plant The indications now point to a continuation of existing favorable weath- CT, and I feel assured that the change in conditions have come in good time. and. fl continued for ten days or a fortnight will result in clean and thrifty crops over prac- tically the entire belt"
 There is no doubt but that the more fav- orable weather of the past five days has been of benefit 10 the crops where up and has by now probably permitted farmers to resume farming operations. but the opening day of the week were marketd by heavy in
The Montgomery advertiser., 1907-05-21
BOND ISSUE FOR ROADS.
Election In MarenEO Is Ordered For
 August.

Demopolis, May 2O.-(SpeciaL)-At the last meeting of the county com missioners an order was passed au- thorizing an election on the proposl- ton of a bond issue for the purpose of building the public roads, bridges and approaches. of Mareugo County. as is provided for in the new road law for this county.
 Tn accordance with the order of the commissioners. Hon. A. L. Nasty. Judge of Probate, has ordered an election for the purpose of voting for and against the bond issue of $100.000. The bonds are to bear interest not greater than five per cent and to run for a period or fift' years. The election is ordered for Saturday. August 10. 1907
 The prospects for d cotton and corn crop in this. county were never more gloomy thaH~now. and farmers are very much discouraged. The stands are said to be poor and everyone has or will have to replant. The. ground IS reported to be in bad condition ana the grass iand weeds are taking the fields"
 Along the low lands on the rivers the planters were apprehensive of general overflow last week just atter the heavy rains. The river was fore casted to reach forty eight feet on the gauge at this place, and 1t came near the mark Fears were felt that IL would go much higher. The rivers are now fallin@
The Montgomery advertiser., 1907-05-21

some places excessive damaging rains and cool weather all sections of the belt hav~ ing suffered from tho unneeded rains ey- cept. perhaps, Texas, and Oklahoma, where there less rain than any other section of the cotton region, but even these favor ed sections did not escape the harm that came of temperatures entirely too low.
 Commenting on developments of the past week, The Picayune says in part as folows Tn the cotton belt there has been recur- renee of heavy rains over a great portions of the and these rains have in some instances been accompanied by heavy wind storms, and in the majority of cases by lower temperatures than is good for the crops, supposng they were in an aver age condition" It follows therefore, that since the early part of the week was unfav- orable, the later portion favorable taht to- morrow's weekly government weather report will be a stand off, the inference from which can only be taht the crop is no fur ther advanced than it was this day one week ago, if 1t be that well off At noon today the weather was partly cloudy to fair in the Mississippi valley. clear and warm in Texas. If such weather continues 1t will be of benefit to crops and the market may rule easy. temporarily, but on the first Elgn of unfavorabe weather it will be sure to advance.
 Yours truly,
 C. c. ABERCROMBIE & co.
The Montgomery advertiser., 1907-05-21
(Corrected DaiIy.l

These prices are at wholesale and not to starch"corn s@1oo; standard goods pearl 4Nc; gloss lump 4c; nickel packages S3.0O.
 Kiee-Extra fancy head she; fancy head Salt-Liverpool $l; Virginia soc.
 Vinegar-Per gallons 14q23c.
 Coffee-Green common sh c Sc; prime sh @1Oc; choice 11Q12c; fancy 1Sal4hc.
 Craekers-XXx Soda Shc; xxx Ginger sardines-American mustard $40: H-Oil ''; dTiis-rer aG bbi. ss.s5; per sack s.s5.
 Meal-75c; pearl 74c: peerless soc
 Hams-Dove 17hc; other 14h @l6c.
 Bacon-16 420c.
 FIour-Basis barrels high patent $5. 5O fancy patent $5. %; half patent $4.25.
 Grain and Hay-Bran $1 S5; shorts sl. 40; chops Toe; white corn 7Sc: oats mixed CSC; white 62c; white clipped s'5c; timothy s1.25; Johnson grass q.
 Fruit and Produce-Potatoes $l bu.; on- ions, New Orleans h bu. sacks $2; cabbage bbl. crates $2.OoQs2.50; apple and white wine vinegar 16c gal fancy full cream 7hc; lemons extra fancy s5.25; fancy box; evaporated apples l ID. cartoon shc h.; Prunes 25 10. boxes 5o-6o 7%c lb 25 lb boxes GO-70 7Hc lb.; 25 lb boxes 70-s0 6%c lb.; navy beans. this years crop $2.25 per bu; strawberries $1.75@$2.0O; cucumbers $2.25 Q 50; squashes s1.75; tomatoes s2;5o QS2.75 Irish potatoes $2.75Q$4 bbl. i: egg plants $2.75 crate.
 Beeswax-25c.
 Wool-ciean 22hc; bury wool 14c: wash ed wool soc.
 Hides-Dry Hints 16c; dry sa1ed lsc; green salted 7hc.
 Cotton Seed Meal-s2S. %. Moasses-Georgia cane. barrel 35c per gallon cases gallons g per case; maple syrup. Log Cabin, gallons Sl4; h gallons x7. 50: quarts $4.25 per doz.
 Chickens-Hens 35 @40c; fryers c5 3Oc; broiers 25c; ducks 4Oc.
 Sugar-Granulated 5hc; F. Y. C. 6Ao.
 EEgs-15c per dozen.
 Country butter-12hc per ID.
 Corn spot; American mixed steady. Futures quiet: July As 7&d Septe. -ber As 7Ad.
The Montgomery advertiser., 1907-05-21

Chicago, May 20-rhe local wheat mar ket today was exceedingly nervous Prices fluctuated excitedly over range of to 6Ac. The market was strong early in the session, but later eased off considerably. At the close the July option showed net gain of 1%c compared with Saturdays final quotation. September and December gain ed approximately. July corn closed 4sc higher Oats were higher Provisions five
 Wheat opened strong with prices ranging from < 9l to Slkc higher than the closing quotations of Saturday. There was a big cold weather in the Northwest and an ad- vance of Ac the Minneapolis curb were the bullish influences. The advance of Minneapolis was said to have been due to report made by well known crop expert which placed the total yield of winter wheat at 75,000. 900 less than had been estimated by government officials on May l. Other factors that have contributed to buiush sentiment were unfavorable reports regard ing the wheat crop of Russia Hungary. and European countries as pessimistic advices from Nebraska and Kansas. There was heavy selling for profits as well as short selling throughout the entire session and prices declined sharply at times but always rallied. During the last fifteen minutes of trading prices dropped abruptly on belat- ed realizing sales. y=
 September delivery touching a low level for the day. Renewed support from the bulls, together with covering of short lines. however, caused a rally, the market closing firm.
 July opened 7sc to l%@%c higher at sSc. aONanceQ to JJ18 dHC ClOSeu dt Si " N c. September opened 1%9&c higher at 99c to $1.0O%, sold between 9S%c and $1 .0O& and closed 99Ac. December opened 70 3lsc higher at $1 .OOh to S1.O2, ranged be- tween 99& to .02 and closed at $1. .00b.
 Clearances of wheat and flour were eQual to 72O, 900 bushels The amount on passage decreased S72,000 bushels and the visible supply increased S57 900 bushels
 Trading in the corn pit was fairly active and the tone of the market was strong. The chief reason for the strength was the shanp upturn in wheat. Frosts were predicted for tonight for portions of the corn belt and this tended to encourage the bulls. The movement again rather small Tn" market closed firm.
 July opened a shadtjto h e Ac higher at 53c to 53 hc, advanced to 53 %c and closed at 53A C 2se. Local receipts 11S cars, with 16 of contract grade.
 Damage by drought and grain bug to the crop in the West and Southwest and delay to seeding in the Northwest owing to cold weather caused a strong market for oats There liberal buying by shorts and alD heavy purchases by commission houses Cash houses and Northwestern interests were the chief sellers. The market closed firm July sold between 46A q $sc and 47Bc and cIuG- ed at 46Bc.
 Local receipts were IFS cars.
 Provisions dull but firm and closed with d gain of from five to ten cents for the July option. pork at Sl6. 6TM. Lard at 22la. Ribs at $S.971s.
The Montgomery advertiser., 1907-05-21
McLauFin Not Retained.

Atlanta, Ga, May 20-In the absence of President Harvie Jordan or the Sa,,tborn cotton Association, Secretary " IT Woods of the Association today gave out a denial to the statement that sns' the Association Ut has employed former United states Senator J. L. MeLauTln of South Carolina to represent It Tn the srit of Theodore II. Price against the New York Cotton Exchange.
The Montgomery advertiser., 1907-05-21
purnh,u Trial Postponed.

,,Ss".iok A Rurnham of the Mutual Deserve s Life, on charges of grand lar cenv and forgery, growing out of all ieged @ frauds and abuses in manage ,oe,9t of the institution was temporar- iIv postponed when the case was call ed today. Afidavits of four physicians were submitted to show that Burnham ie seriously Ill.
The Montgomery advertiser., 1907-05-21
Nru yOpK rONDs.

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The Montgomery advertiser., 1907-05-21
Furniture Trust Fined.

Chicago, May 2O.-Judge Landis to- day fined F. A. Holbrook. the Amer ican Seating Company and the A. H. Andrews Company $5,000 each and nine other furniture companies amounts ranging from $500 to s2,O0O for viola tion of the antitrust laws in form. ing a conspiracy in restraint of trade The defendants pleaded guilty.
The Montgomery advertiser., 1907-05-21
l.n.Inn sneh Crnshcrn to Meet.

Norfolk, Va., May 9O,-Ihe aNLI'I meeting of the Interstate Cotton Se'd Crushers' Association opens tomori' W at the Jamestown Exposition ana a large number of members arrived 'o"'y +a taka mart in the proce CdinEs. In a't- dition to the members of the associt- tion the meeting will he attended hy rerresentNtives of :hei boards of trade ard other commercial organizations of all the leading cities of the South.
The Montgomery advertiser., 1907-05-21

the rains predicted having failed D mate rialize, coupled with more favorable ae- counts of the recent crop damage, the future market opened barely steady from eleven to fifteen points below the close of Satur- day. During the day crop reports of the most favorable nature were received fron' Georgia and these combined with indications pointing to a continuance of fair weather caused a slight recession in values The close was barely steady. rrices ranging from fifteen to seventeen points below the close of Saturday.
The Montgomery advertiser., 1907-05-21
THE METAL MARKETS.

New York, May 20.-With the Londor markets closed business in the various meta markets was generally quiet and with the exception of tin no important Fluctuations were noted.
 Spot tin was quoted today at s43@$44. Copper was unchanged.
 Lead was also unchanged.
 Spelter was dull at $6. co e .05.
 Iron continued firm and is said to be ir active demand. Quotations are more ol less nominal.
The Montgomery advertiser., 1907-05-21
NEW YORK DRY GOODS.

New York, May 2O-The dry goods mar ket opened very active in/ the primary market Johblng markets are feeling the effects of delayed trade with the retailers more particularly In the dress goods, wash goods and summer shipments. The domes- tic departments are fairly active for the season Heavy cottons stronger. Raw silk is higher and firmer. Mems wear houses report a better inquiry for fall
The Montgomery advertiser., 1907-05-21
Hogs receipts 11,5Oo. Market steady. Clos
ST. LOUIS CLOSING MARKETS.

ST. LOUIS CLOSING MARKETS.
 St Louis, May 20.-The St Louis grain markets today ranged as follows
 Wheat May 91I nominal; range. July 93B bid range 93& GA to 95h Sept. 95 F bid: range 95h @ + to 96%- Dec, 97ls asked: range none. May 52, nominal; range. July 529h asked; no range. Sept, 52A 9% bid; range SPA to 52h.
 Oats:-- May none. July 429s; range AZ to 42%. Sept. 37% bid range.
The Montgomery advertiser., 1907-05-21
Clarence N. Jones investment Broker
 22 Commerce St.
TARIFF REVISION.
Principal Topic of Interest to Manufae-
 .nrera, AssOciatiOn.

New York, May 2O.-Whether or not they favor a revision of the tarin' to what extent, and in what manner. IS expected to be announced by the Ma tional Association of Manufacturers which convened at the Waldorf Astoria Hotel today.
 The question will come up in report of the tariff committee of the assocla- tion. which has taken a poll of the 1000 members of the association on the question of revision, and the result or the poll has never been made punIic'
The Montgomery advertiser., 1907-05-21
MINING ASSURANCE

Only a protective measure can the pur chase of insurance be considered at all. AS such it is beyond compare.
 If you contemplate the purchase of in surance stocks the average profits are @ trife over 10 per cent. compared with 200 per cent profits in mining.
 After all, is not good mining stock pro
 Some of the precious and semi precious mines become exhausted it Is true, but it is the exception and not the rule The Rio Tinto mine in Spain has been worked since before Christ, having been operated by the Romans and Carthagenians. while 1t has been operated continuously for the past 200 years and is still one of the largest pro- ducers of copper in the world
 Would then, some good mining stock be bad legacy to leave your family?
 Better talk the matter over with me while l have something good to offer
The Montgomery advertiser., 1907-05-21
,,pr,,isb Agreement.

St. Petersburg. May 2o-Agreem'nts with Great Britain and Japan accord ing to the slovo. are about to be con clHded It is expected that the agree nents will be signed SimuItaneo ousIy within two or three wssks
The Montgomery advertiser., 1907-05-21
REMARKS.

REMARKS.
 Showers were very scattered and confined to Oklahoma, Texas and Louisi- ana The weather is generally warmer. NOTE-The average maximum and min imum temperatures and the average rainfall made up at each center from the actual number of reports received. The state ot weather is that prevailing at the time ot observation.
The Montgomery advertiser., 1907-05-21
NEW YORK CorFEE MARKET.

New York, May 2O."COffee tuDfeS OpFn- ed steady at unchanged prices to a decline of five points on May. There was some May for sale through European houses and thai position showed a loss of about ten points during the early session, but later months were steady and there was q rally later on buying by trade interests and GOV ering. There were no European cables and Brazilian markets wore steady. Sales for the day were reported of 23,750 bags, in cluding: .o~- .- May .... '..' '''''' . oU4 o'o' July ... .... ''.. 'o. bO September ...' .'.'.'9.tV tV eIGi,'0 Warch .... 50
 Spot coffee steady; Rio No. 6lac; Santos No 7lac; mild coffee dull: Cordova s% I2Lc,
The Montgomery advertiser., 1907-05-21

New York May 20.-Cotton seed oil firm; prime crude f.ob mills 4Se bid; yellow 56 q 561sc.
 Sugar raw quiet; fair refining 3.37; cen t1Hfugal 9s-test 3.s7; molasses sugar 3.12; refined steady.
The Montgomery advertiser., 1907-05-21

c. B. c. new 4s .... ..... .... s2n C. R. |. & Pacific R. R. 4s .... s71s
 do col. 5s ..'. oe c. c. c, X St. L. gen. As .... ..l0l Col Industrial 5s .... 60ss Col. Midland As .... ...... 6ih Cuba 5s ...' '''' ''''''. i0t ~ Denver R. Or. 4s sss'.. so Distillers' Sec. 5s .''s.''''. oZn Erie prior lien As ..'. ..'. sS S Hooking Valley 4hs .... .... ..104tz
 do. End. Series 9oN Japan 4hs certificates 92S
 do. 2nd. Series ..'. ..'. e. ea L. & N. Unified As .... s9A Manhattan con gold As .... .... .... 991s Mexican Central 4s .... .... Sl
 do. 1st. Inc s'.s '''. ~ Minn. & St. l.. Is ''ss '... so Mis-. K. Texas As .... ..'' ''.' ." ssz N. Y Central gen. 3hs .... .... 9sh N. j. Central gen. 5s ..s. ..l24s Northern Pacific As .... .'%l0o Norfolk & West con. As .... .... 9s orgeno Short Line rfdg. As 9l% Reading gen. Is A.. .... ses St. l.. & l. M. con. 5s .... ..'.ll0a St. l.. & s. F. fig. Is ........ '... soH2 St. l.. S'west. con. As .s.. I6 Seaboard Air Line As '... Is Southern Pacific 4s SS Southern Ky. 5s .... .f..'.!o? r Texas Ss Pacific 1sts .llo N Toledo, St, l.. x W. As .... 1S1a Union Pacific 4s .'.' .''lO0. !. | $. Steel Ind. 5s '... '''' ''' go 42 Wabash 1sts '''' .'.' .'''IVe se Western Md. 4s .... coo .... "A ! Wheeling < L. Erie As ss.. s1 Wisconsin Central Is .''. .''' '' es
The Montgomery advertiser., 1907-05-21

The weather in the south Atlantic States Is generally fair and has grown gradually warmer durins the last few days. On Sun day few showers fell in scattered sections of Louisiana. Oklohoma and Texas: at Kerr vile in South Central Texas the fall was very excessive. amounting to 4. 32 inches. In New England and the middle Atlantic States rain is falling, in Montana. northern Idaho, and Washington the weather is also rainy. An area of high pressure over the north Mississippi valley is giving fair cool weather in the upper Lake region. the up per and middle Mississippi valley and the lower Missouri valley. Frost formed last night at several points in Michigan, Iowa, Wisconsin and Minnesota. In Alabama the weather will continue fair tonight and Tues day.
 COTTON REGION BULLETIN.
 Montgomery, Alabama, for the S4 hours ending at s. A. M. 75th Meridian tims-
The Montgomery advertiser., 1907-05-21
c1NcINNAuI PRoDuCE.

Cincinnati May -p'--r lour liA Wheat quiet a5c. Corn steady 55 @ izc. Corn steady 55q lsc. Oats higher A + d i5"s Rye firm 77&s GC7Sc. Provisions steady. Whiskey firm Sl.29
The Montgomery advertiser., 1907-05-21
ST. LOUIS PRODUCE.

St Iouis, NAY -U--F IOuF s0v109'
 Whiskey $l 8.
 Pork higher jobbing SIG. 75.
 lard higher: prime stea SS.7 brv salt meats steady: boxed extra shorts 80 56; clear ribs $9.5O; short clears Racon steady; boxed extra shoits s1d .$7Ia; clear ribs $lO.37la: short cleae- $I0.TJ.
The Montgomery advertiser., 1907-05-21

Nau Orlpans May 2O.-Sugaf, 6VVl'N open kettle centrifugal 3%c; yellow 4..' seconds S,3dsses -7' ouiet. net new syrup 3O@s4c.
The Montgomery advertiser., 1907-05-21
DAILY COTTON MARKET.
Port Movement.

Galvestn-Steady, F 4sc; net receipts B. t96 gross receipts 7,696; stock sS, lIb; ship- ments to France 5,6lS: to continent 9,lS2; coastwise 6e9.
 New orleans-Quiet. 12c: net receipts l. 79S; gross receipts 1,79S; sales l,O2o; stock 1l2272: shipments to France 1,291.
 Mobile-Firm. Il lac: net receipts 266; gross receipts 266; sales 50; stock lO,6l5; Shipments coastwise 50.
 Savannah--Steady. Il Sc; net receipts 76S; gross receipts 76S; stock 4l,06S; shipments eoastwise 61.
 Charleston-Firm. 111ac; net receipts Q: gross receipts 9, stock S,453; shipments coastwise 43.
 Wilmington-steady. 11hc; net receipts 313; gross receipts 313; stock S,S6O.
 Norfolk-Frm. 13c; net receipts 1,617; gross receipts 1.617; sales "A; stock 22,2l3; shipments coastwise 1,51l.
 Baltimore-Nom., 12Ac; gross receipts 59 {; stock 10.671.
 New York-Quiet. 12. Is; gross receipts s.- 529; sales 1900; stock 17S.699; shipments to France 654; to continent 1887.
 Boston--Steady. F l5; gross receipts l. e6I; shipments to Great Britain l,752s
 Philadelphia-Steady. F 40; net receipts 1s; gross receipts 363: stock 2,291.