davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1907-01-31
THE STOCK MARKET
ACUTE DEPRESSION DEVELOPED IN
 STOCK MARKET TO-DAY.
An Appearance of Support was Given the Market In the Early Part of the 6es- sion and Several Rallies were
 Made from the Declines.

New York, Jan. so.--Acute depression de veloped in the stock market today and sne tons in the late trading. An appearance ef support was given the market in the early part of the day and several successive tai- These rallies carried prices more than once back to the opening high level or aoove, S at hs level of sne warning. of the lack of any motive power n the market to effect an advance. The high a influence 'esAi of the favorable quarterly tate ment of earnings of the United states steel Corporation which was not published unth after the close of yesterdays market.
 Any expectation of an increase in the div, idend rate had been definitely abandoned SefGss sh sssns raSs as by se of the board of directors of the corpora tion and his explanation that the orders was formerly the custom. tended to smpha.
 The opening advance ~s & s- The price uf the stock immediately attracted such a pres strated that eager advantage was taken of the stimulating effect of the report to mar ket large holdings. The first price was stock showed occasional resistance to the pressure on the general market, its failure to advance was conclusive in shaping senti-
 The idle condition of the trading at the rallietsh was apparently allowed to work It's impression on sentiment and the bears col lected their forces for renewed attack on the market. Successful inroads were made at first on a few prominent stocks notably Pennsylvania, Erie and Reading
 The yielding tendency of these stocks nf- fected the whole market by sympaty and the weakness spread as the dominancy of the bear party became obvious. The whole market was undermined ultimately. and the srumbiing of prices wiped out margins, dis lodged stop loss orders and brought stocks on the market in a deluge.
 There was no special news to account for the break beyond the cumulative influence of the forebodjngs which are felt of coming industrial and business reaction. The tx- tent Of the account on the long side of the market was unexpected and assumptions Of the strength of these holdings were proved unfounded Ey their vulnerability 10 the bear attacks.
 variety Of rumors inevitably found cur rency by reason of the violence of the break and some of these revealed the hctiv- ities of the bears in agRravating the uneasi- ness of stockholders. Reports were current that some of the recent railroad not Issues were being sold at sacrifices In order to realize funds It was alleged that the whole of the SAP, 100000 of government funds last deposited with the national banks the s12. 100000 detined by the treasury de- partment
 The fierce raiding tactics of the bears left a large short interest to be covered nt the last and this was the cause of the :everish rallies Otherwise the market closed nn- settled and in disorder.
 Bonds were heavy Total sales par value S1,e74. 900. United States bonds were un- changed on call.
 NEW YORK CLOSING STOCK LIST.
The Montgomery advertiser., 1907-01-31
su-tu-thu

pearl 4hc; gloss lump 4c: nickel packages
 Lard-Leaf 10&c: compound sxc: basis tierces
 Rice-Extra fancy head eho: fancy head 5h 6r6c; broken 4@5c; Japan AZ Q5hc
 salt-Liverpool s1; Virginia 5Oc
 VineRar-per gallon 14@22c. 10 s eseae fgs@s% a8 Pss
 Candies-stick 6c: sancy s@1Oc
 Crackers-XXX Soda Shc: XXX Ginger snaps 7c.
 Saruines-Amertcan mustard 8 60: X -oil
 csrits-Per hbl. ss. 5O per sack s1.so.
 Meal-s5c: pearl roc: peerless 72hc.
 Hams-Dove 16c; others 141s else.
 Fiour--Basis of barrels; High patent s4.30; fancy patent s4S5; half patent
 Grain and IGay-Bran s1. 25; shorts sl .s5, corn chops 6Sc; white corn 6sc; oats mixed 53c; white 54c; white clipped 55c: timothy $1. 20; Johnson grass s5c; rust proof oats soc: Burt seed oats 75c: winter turf oats COG.
 onions $l bu. Western cabbage, bbl. crates se25 fancy Baldwins $3. barrel: No. 1 BaIdwins Ss.75: fancy B. Davis S3.50 per sAncy full cream cheese. daisies lsc; fancy H F. peanuts Tc; lemons extra fancy S4 5O fancy St;oO box: Evapora.ed app.e4. assorted sizes sS. 5O9s s3.7 75: per box; heavy weight cocoanuis $4.Jo per sack: Fresh nSasa oS per sFaDS DS crSDberes psP SoS Two Grown raisins sl.s5 per box; Three Crown raisins S1.75 per box: Prunes s5 pound boxes 50-eO No per pound; 2s nound boxes 6O-1O 7ko per pound; g5 Ib boxes 7O-s0 6Ac per lb.; standard boxes 25 lb. evaporated peaches 12hc lb. ; standard boxes 25 lb. peetorine peaches i2e per Ib Canadian Rut1b.tga turnlpS g .S5 Der sack navy beans this years crVD $2. .2h per bushel
 Beeswax-25e.
 Wool-Clean 22ho; bury wool t2he washed wool zoe.
 Hides-Dry Hints lie; dry salted 15c: green salted Shc.
 Cotton Seed Meal-S2S. %.
 Molasses-Geors!a cane, barrel 35c per gallon; cases. gallons $S per case; maple syrup; Log Cabin, gallons S14; h gallons 97 50; quarts s4. 25 per dos.
 ChIckens-Hsns 35c; fryers 26 Q 800; brois- CTS goo 25c; turkeys 12hc Ab.
 Sugar-Granulated 51ae; Y. c. bNc. EKKs-20c per dozen.
 Country Rutter-12hc per lh.
 Sweet Potatoes-S1. % per bushei.
The Montgomery advertiser., 1907-01-31

pointed by the secretary of the interior and approved by the president and their value ascertained
 When this has been done the sur face of these lands may be sold, after six months notice of such sale, in l tracts of not more than 160 acres to each purchaser, and at not less than the appraised value. The sales are to be made subject to each purchaser, and at not less than the appraised value The sales are to be made subject to the right of the purchaser of mineral deposits, to mine under the lands in ac- cordance with conditions drafted by the special committees which investi- gated the subject, whose report already has been published
 The Blackfeet Indian reservation in Montana is to be opened to settlement if another Senate amendment Is adop- ted.
 Among other important amendments made by the Senate committed, are the following:
 White children may be admitted to any Indian school and the tuition fee shall in no case exceed the tuition foes allowed or charged by the state or county in which the school is situated With view to committing perpetual annutties, due Indian tribes under the treaty stipulations, the Indian commits SlOnef IS olrecteQ 10 send special In- dian agent to visit all tribes enjoying such relations with the government
 Names of persons, of Choctaw or Chickasaw Indian blood on the side of either parent, now on the freedmen roll. are to be transferred to the roll of citizens by blood of the Chootaw or Chickasaw nations. and those persons will be permitted to participate in tri- bal rights as full bloods
 An appropriation of $215,239, is the amount realized by the United made to pay to the Mexican KickapoO Indians, this amount being the differ ence between 32 t-2 cents an acre heretofore paid to these Indians and the amount realized by the United States for their surplus lands in Oklahoma The attorney general of the United States Is directed to investigate con veyances purported to have been execut ed in Mexico of lands in oklahoma and if found to have been procured by fraud, to begin proceedings to have them set aside. He is also instructed to prosecute parties to the fraud if any was committed.
 The bill contains the usual large number of appropriations for the set clement of claims. which every year are inserted in the measure by the House or Senate and eliminated when the measure is taken under considera- tion.
The Montgomery advertiser., 1907-01-31
HAYWARD WICK AND CLARK's COTTON
 LETTER.
By Private Wire To Walter COtter And Co


 New Orleans, Jan 30.- Cotton weakened today on general indifference. Liverpool was flat in futures and spots Tomorrow being the last of the month heavy forecasts scalpers selling. One contract January was liqudated this morning considerably under yesterdays quotations. This is absolutely no citerion for market tendency or feeling. There are always people who wait until the last minute to do a thing and then have to take the consequences. Anyone not wish the past two weeks to transfer January into March at a discount.
 Expressions the markets experienced 1 today, caused by indifference and dullness must be expected in the next few weeks Developments concerning the future crop not apt 10 excite sufficient interest and consideration until three weeks hence In the mean time this crop depends on In this direction all know that Feb usually is a dull month and we cannot trust too much to the movement. A decline l of concquence. however, is hardly possible the necessity for 6 very full crop next season i is too great for any one to get bold enough 1 to discount 1t from the start On the con trary, everything points to a very active spring, full of possibilities on the bull side 1 The spot market is steady.
 | Demand fair even for the lower grades l Futures weakened nevertheless. owing 50 | the pronounced weakness of New York. We ! should. however, bear in mind that New ! York owing to its contract system is much more Independent of spot conditions in the South.
 l our market was unable to withstand the l aggressive weakness of New York. In spite ! of all reasoning and explanation people fol- lowed New York in this selling movement l and March brought as low 10. 05. | Fear of the effect of this break Liver | pool checked support. Spots although in fair | steady demand. could not escape contamina- | tion and were easier in the afternoon.
 WALTER corTER & co.
The Montgomery advertiser., 1907-01-31
INDIAN APPROPRIATION BILL.
Carries More General Legislation Than
 It Has In Years.

Washington, Jan. 3O.--It Is estimat- ed that the Indian appropriation bill carries more general Legislation of a far reaching efrect than 1t has in many years.
 It contains practically all of the rec concentrations made by special sub committee of the Senate which visited Oklahoma and Indian Territory during the summer Investigating citizenship and property rights of the five civiliz- cd tribes Chief of these recommen- dations is that "on and after July l. 1907, all restrictions upon the ahena- tion,. leasing or encumbering of the land except homesteads of all allottees of Indian blood in the Indian Terri tory, and all restrictions upon the alienation. leasing, or encumbering of all the lands of allOttees not of In- dian blood are hereby removed" An equally extensive provision has been adopted in relation to coal and asphalt lands. The surface of the segregnated lands of the Choctaw and Chickasaw nations, containing these deposits, whether leased or Unleased, is to be appraised by board to be aD-
The Montgomery advertiser., 1907-01-31
MARKET FOR COTTON
aEAHKET WAS DULL AND UNSETTLED
 DURING T0DAY'S SESSION.
Opening Was Steady at an Adayanee of Two Points on Sonca Covering by Yes-
 terday's Seliers-LocaI Bears Aggressive.

New York, Jan 3o-The cotton market was dull and unsettled during today's ses- aion, prices making a new low record for the season under bear pressure and hQuida- 2son. The close steady but at net decline of 10@22 points, near months show ing the greatest loss. Sales were estimated at 100000 bales.
 The opening was steady at m advance of two points on some covering by yester- days sellers in spite of the fact that Liver pool cables fully met yesterdays decline In xhe local market but shortly after the open ing the list eased off under the big esti- mate for tomorrow receipts at Houston.
 Local bears became little more aggress- i've on the decline. stop loss orders were un- covered around midday and the March long interest seemed to be renedered uneasy by me talk of big tenders of low grades Of cotton on March contracts. That position sold off to s.16 23 pints net lower and 3z points below the recent high level ana the summer months showed a net loss of about 17 0Is points while the new crop was dull and relatively steady.
 Towards the close there was enough GOV ering to cause rally of two or three points but the decline appeared to be attracting no investment paying of consequence:
 Southern spot markets continued quiet reports and 1t is stated that stocks at the country interior towns have lost about 15,- 006 bales so far for the week. Exports Tor the day were lighter, being hardly half the receipts at the ports.
 Receipts at the ports today 53,566 bales, against 4e,277 last week and 3S,375 last year. For the week (estimated) 275.OO0 last year.
 Today's receipts at New Orleans 1417S bales against 13,135 last year and at Hous- ton e,2i7 bales against 6,27S last year.
The Montgomery advertiser., 1907-01-31
CHICAGO GRAIN AND PRODUCE.

Chicago. Jan. 30.-Small receipts in the Northwest and the prospect that the wealth CT Will delay an increased movement eaus- ed a strong tone today in the local wheat market At the close wheat for May de- livery was up < %49c. Corn was @hc higher. Oats gained 1Ac Provisions were 10 @I2h to 421sc higher.
 Trading in the wheat pit was quiet early in the day. but became active about the middle of the session and continued so un- III the close Throughout the day the prin- elpal demand came from shorts, although decline at Liverpool which depressed prices somewhat early in the day was completely offset by the small Northwestern receipts aud cold and stormy weather throughou. Minnesota and the Dakotas.
 In the Southwest where the fall town crop is said to be unprotected much lower temperatures were recorded and the official forecast for still colder weather Later in the day the market was strengthened fur stocks in the East are very low. The mar ket closed strong with prices near the high est point of the day. May opened he lower to shade higher closed at 7s6 e %c.
 CIearances of wheat and flour were equal
 News of the Argentine was the controlling Iactor m the corn market it being claimed mat sa the crop of that country has been damaged by dry hot weather. These te- ports caused active covering by shorts and imparted considerable strength to the mar ket Selling was scattered and mainly by local longs. The market closed strong.
 May opened unchanged to a shade lower at 46@ hc to 46hc, sold between 46c and 4oB U %c and closed at 46h O &c Local receipts were 365 with three of con- tract grade.
 Oats were strong all day. the chief cause Of the strength being a lively demand for lt=ht.
 May opened kc higher at 3s%c. advanced to 3SAc and closed at the highest point Local receipts were 131 cars
 Trading in provisions was unusually active and the tone of the market was strong De. spit a five cents decline in the price of live hogs. the market opened firm and gained strength as trading progressed. The bur- chase of 100000 pounds of ribs credited to local packer gave strong impetus to the upward trend of prices
 At the close May Sork was up 42kc at s17 IT F. Lard was up 10@12Hc at sS T7H m m$S SO Ribs were 17h Q2Oc higher Gt
 Estimated receipts for tomorrow: Wheat 26 cars; 42l cars: oats 121 cars; hogs 1000 head.
The Montgomery advertiser., 1907-01-31
F. . B. BEERS COTTON LETTER.
By Private Wire to c. c. Abercrombie
 Co 32 C0muerce St

By Private Wire to c. c. Abercrombie q
 Co.,. S2 Commerce. St.
 cotton m crop i" whether or not it be as large as the yield of 1904-05. is making history by the establishing of new records insofar ns the movement is concerned to date. Receipts are running on so large a scale that this weeks in sight promises to figure about 400. ooO against 203,0oo last year and 240. 900 year before last which will proba- bly bring the total in sight to close of Jam uary close up to 1,0oo,oo0 bales larger than with a probability of the excess over said year figuring about 1.400. 900 bales by March 1st. which. no doubt will add relatively to the worlds visible supply in the meantime Traders, however. have every hope of val- ues holding up until the end of February when change for the better would take place in the statistical situation.
 All Europe has a voice In the matter, we regret to say. and It is most likely that sen- by the large volume of cotton showing up at the American ports. and as there will be no census report on ginnings until the final statement Is issued, probably during the last half of March. there will be no means Ut hand to convince Europeans and spinners in general that the crop is not as large as the 1t Is considered that the movement to mar ket win show about 1000, 900 bales larger an insight will place the yield of the season on a basis of about 14.566000 bales, when compared with two years ago. and that even If the movement during the balance of the season be less than year before last to the extent of 1000. .0Oo bales, the crop neverthe- less, would total about 13, 500, 900 bales: 1t will be have said before. a hard task to convince the world that the crop is hot more than l3ooO, 900 bales. whereas actual consumption, although spinners takings might be larger, will probably be no more than 12.500,000 compared with 12,1s6,00e last season, which was the record up to that time.
 To hold the market together the best thing to do is to dwell upon the possibilities nf the next crop. The acreage question is to be considered the paramount issue. If there is to be diversification it is to be at the expenses, not to the credit of the already large acreage as India is said to have made about 5.200.000 bales this season against S.S75,000 bales last season and 3,973, 900 year before last and the movement of lndias crop has hardly gotten under way yet
 The character of the seed to be planted this spring. owing to the storms of last fall. is of inferior quality and has caused an advance in the crude oil market, eonse- quently this might be used to good effect on the bull side of the account
 Yours truly.
 C. G. ABERCROMBfE & co.
The Montgomery advertiser., 1907-01-31
RETURNS ARE SLOW.
Peter's Pence Fund Is Diminishing,
 GnYM Vatican.

Rome. Jan. SO.-Complaint is made at the vatican regarding the reports that have become current to the ef- feet that large offerings ofPeter's Pence are pouring in from all parts of the world.
 It is stated the reports are spread by persons evillyi disposed with view of discouraging the faithful from send ing money to the fund.
 Far from having a surplus, it Is stated this fupdsiS diminishing and that this is a serious matter just now when the need of nancy is increasing.
The Montgomery advertiser., 1907-01-31
NEW oRI.rANs corroN

New Orleans, Jan. 30.--Spot cotton closed quiet. 1-l6c lower: middling 10Mc. Sales on
 Futures opened quiet nine points higher for July and unchanged to two points higher CT for the rest of the list. The market very dull the bulls offering hardly any support because of the heavy movement March declined as low 10. .05 nnd May to 10 09. The closing tone was steady, one point down for July and eight to seventeen points below that of yesterday for the rest of the list
The Montgomery advertiser., 1907-01-31

St Louis Jam 30.-The st. Louis gra Warkets today ranged as follows;
 Wheat .-- May 77lt 4 as bid: range 7Gs to 771s. July 76 x Q 7 bid. range 76,4 to Ts&
 Corn:- May 44A asked: range AS to AZ. July 445s bid, range 44ss to 44b Jan S7M bid May 3Sia bid; range 3S@% to 3Sh. July 35 ig bid
The Montgomery advertiser., 1907-01-31
NEW WORK PRODUCE

New York. Jan. SO-Cotton seed OH .Irnl' Petroleum firm.
 sugar easy; fair'refining S1-s2c: oentrif- ugal 3 l5-22c; molasses sugar 2S-32c; re fined steady.
The Montgomery advertiser., 1907-01-31
sT- LnIIIs PRnnTCE.

St Louis Jan 3O.--Flour steady.
 Whiskey steady Sl 33.
 Pork higher, jnbbing ST Is.
 Lard higher. prime steam S9 31 F
 Dry salt meats steady; boxed extra shorts 80 s2l4 clear ribs ss.75; short clears s9 sTl2. o.,. Bacon steady: boxed extra shorts sl0. ST3 1; clear ribs S1o So: short clears s10.62
The Montgomery advertiser., 1907-01-31
Interior Movement.

Houston-Quiet 10 11-1Sc; net receipts a9i7; gross receipts 9.217; shipments 120S4; sales 3,5S7; stock 74,462.
 Augusta--Quiet 107sc; net receipts 1005: gross receipts 1.194; shipments l,176; sales 7s5: stock 44.s32. lT4S; gross receipts 2,595 shipments 316S; sales 2,650; stock 172,25s.
 st, Louls-Quiet, l01ac; net receipts 1,000 gross receipts 4.f6s; shipments 3,S22; sales IeS: stock 29.963.
 Cincinnati-Net receipts sO7; gross re-
The Montgomery advertiser., 1907-01-31

New York, Jan. 3O.-The dry goods mar ket strong with many lines nf cotton goods showing an advancing tendency. Some flannes were advanced Ac yard after large sales Silk piece goods active. An increased call was noted for bleached underwear Jobbers did steady trade.
The Montgomery advertiser., 1907-01-31
CINCINNATI pRODUCE.

Cincinnati Jan. 30-Flour quiet. Wheat firm 77 P u7Sc. Corn steady. 45 + a 46c. Oats firm 3Sd 15c. Rye quiet 69970c. Provisions steady. MhiskeY s1 2a.
The Montgomery advertiser., 1907-01-31
NAVAL aTOREs.

Savannah. Jan. 3O.-Turpentine firm 70isc: sales S7; receipts 63; shipments 3.
 Resin firm; sales 1.615 receipts 2,115: shipments 254: stock 79,S53. Quote; ABC s4 10; Al0@$4. E $4. 1o0s4'15 E $4 20: G s4 25: II $4 40 0 $4 As; $4 50: K $515a$5.25: M s5159s5.4 40; N $500; we jS6 30. wv S6 60.
The Montgomery advertiser., 1907-01-31
LOCAL COTTON MARKET.
DAILY EDITION MARKET
Port Movement.

scaIveston-Steady 10 11-16c; net receipts 3e.447; gross reeei2ts 22,4 sales 1.002; stock 402, ,071; shipments to Great Britain 10. 3S7; coastwise 1.3T6.
 New Orleans-Steady, 1Ohc; net receipts f14.7l8: gross receipts 14,71S; sales 1,700; stock 3s9, ITO; shipments coastwise 2.902.
 Mobue--Quieei9 9i0Ac; net receipts 1.135; gross receipts 1.1s5; sales 800; stock 42, SS2; shipments coastwise 2.217.
 Savannah-Steady 10 3-16c; net receipts s,sss; gross receipts 5.525; sales ss; stock
 charIeston-Steady. 100; net receipts no: gross receipts no: stock 1s.45s; shipments coastwise 060.
 yfImington-Steady 10kc; net receipts 305; gross receipts 305; stock 19.097.
 Norfolk-Steady. I0hc: net receipts 1,bS5: gross receipts 15S5: sales S4: stock 45. 393: shipments coastwise 1.944.
 Baitlmore-Nominal, 1o%c; gross receipts 725: stock 9.144.
 New York-Steady. 11c; net receipts 100: gross receipts 10,616: sales 500; stock 149.- 379: shipments to Great Britain 4,472; to continent 10S.
 Boston-stesdy, lie; net receipts CSC; gross receipts S,144; shipments to Great Britain 6s
 ST; stock 2.S23.
 Jacksonville. Fla.--Net receipts 50; gross receipts 50; shipments coastwise 30.
 Port Arthur and Sabine Pass-Net fe- ceipts 6.595; gross receipts 6,595; shipments 10 continent '6,595.
 Boston-Deduct 100 bales from exports to Great Britain sir September ].
The Montgomery advertiser., 1907-01-31
fCorrncted DnIIvl

These prices are at wholesale and not to
 GrSpes@a ID. baskets 2O92sho; ID. baskets 2sc.
The Montgomery advertiser., 1907-01-31
MEMPHIS COTTON OH.

MemI his. Jan. 30-Cotton seed oil; prime crude S4c; choice meal SPA 5Oi choice cake S2l. 50.
The Montgomery advertiser., 1907-01-31

New Orleans Jan 3O.-Sugar btfOHBi VuN- trIfugal whites 3-16@4hc; centrifugal yellow Sas Q4kc; seconds 2h 4S 7-l6c
 New Molasses syrup 300 34c.
The Montgomery advertiser., 1907-01-31
TREASURY BALANCES.

Washington, Jam 30.-Todays treasury balances, exclusive of the gold reserves show:
 Available cash balance .... ... 242,541, 0OS Gold coin and bullion .... .... 99666. 56S
The Montgomery advertiser., 1907-01-31

Nots-T indicates e trace of precipitation
 MONTROSE W. HAYES
 Local Forecaster. Wei her Bureau sV>D NAVAL STORES GS@1s@rA6G1EAS51 S51l-S sag Sl z4s S s .z.aSp Wilmington. Jan. 30.-SpiritS turpentlne firm. 69c; receipts 39. tt Rosin firm. &. 90; receipts 1s5. Tar firm g. 30; receipts 199. Crude turpentine firm @S.35; $4.5 and A. 50; receipts 26.
The Montgomery advertiser., 1907-01-31
'otal sales for day 1.s56, 900 shares.
NEW YORK BONDs.

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 DO oS s"'' E'''' aus AtchlSon gen. AS .sss ''-'' lUl n
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 do, 3hs .... -. ..'. .''' S2A Brooklyn R. T. ev 4s zee s7&