davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1907-02-02
H. & B. BEERS COTTON LETTER.
Rx Private Wire to (. G. AbercrOmbie G ' Cn 22 Commerce St.

pv Private Wire to q. G. ADercrOmD1e H
 O.. g Commerce St.
 New Orleans. Feb. t,-There was little to rerort fin the way of developments today except to remark that the market ruled unusually steady considering the hearsh features surrounding the staple, the large receipts and hugeness of the worlds visible supply. not only of American but of all other. kinds. .-,. - so oDo balcs "A 900 of which were from America
 5ot that market closed at an advance of six points notwithstanding. spot sales to nave been only 10000 bales at unchanged quota The feeling continued hullish in nll quar- | ters which no doubt accounts for how well 1 the market is supported. There is desire | on the part of traders to take up the new l crop proposition and the disposition appears l to he In favor of buying Fall and winter | deliveries in the neghborhood of 10c:
 ! Advicea from Southwest and West TeNas' | the latter the new EldOrado of the belt: are | very favorable to preparations TOT plant | ing the open winter weather having permit 1 ted excellent progress in farming operations. | and the acreage Is said to have oeen' or | rather will be increased materially.
 Irrigation of the land in West Texas has | made the cultivation of cotton in that region , of the state a most profitable investment | l inc production per acre having surpassed rl l expectations. and has made the possioii- | ities of the state almost unlimited since thif | particular portion of Texas, the extreme | western part is free of the Waevil.
 There Is much concern as 10 conditions " ] the Mississippi valley, however on accouh
 of the high stage of the Mississippi ENer
The Montgomery advertiser., 1907-02-02
THE SHOCK MARKET
NO IMPoRTANT BUYING ORDERS WERE st PRESENT,
Then Came Dull Dealings and Hesitation ee Perceive Whether Ranking interests s Were Ready to Support,
 Buying.

New York, Feb i.--Business on the stock exchange had proceeded not more than ten no important volume Of buying orders was present at the recovered price level. An almost immediate reaction followed. Then came dull dealings and hesitation to perceive whether the banking interests which sup ported the market yesterday were disposed decline. No such efforts were discovered.
 The marketing of stocks was thereupon resumed Is and the supply streamed steadily The bear operators were not Idle and they bought at occasional stages of the decline to caused a few checks to the decline and rallies with ,h ,, yaryins force the most import general conviction of the abandonment sf efforts to lift prices or an accumulation of
 Speculative holders were forced to the conclusion that the best financial judgment was acquiescias in the readdustment as . securities from which appeal can be made successfully to capital to come in again for investment.
 Yesterdays protective messages are inter. preted as merely a reserve force to regu- late price readjustment much as possi-- ble within orderly limits. Such news de- velopments as came to hand were favorable to to S the market market The loss in cash by the of money for the week is due to government operations. including a payment of Central Pacific note due to the government on Feb- TuAfy anu the WltnuIAWal or government deposits from the banks. On the regular express movement with the interior, me banks have gained, but the indicated net loss is less than s2, ,oeo 900.
 Intimations from Washington conveyed the impression that the treasury offer for Redemption of s10.00o.6o0 of United States 4s of 1907 made in December was stil open having been taken advantage of at that time to only small extent. The engagement of half a million gold in London for import shipments showed that the exchange was at a profitable level for such an operation and next Mondays gold arrivals in London are expected to yield an aditonal sum for New York account.
 The condition of the local money market is of less account to the speculative outlook 1t is believed than the question of a demand abroad for American issues. Rumors were current tiday of further intended note is- sues. It was denied that any such were imminent. but 1t was not denied that favora- ble condition in the securities would imply aditional offerings of such notes. The late rally was npt followed by resumption of important selling but the closing tone was steady.
 Bonds were heavy Total sales par value sl.74e.ooe. United States bonds were hn- changed on call.
 KEW YORK CLOSING STOCK LIST.
The Montgomery advertiser., 1907-02-02
TAKING OF AMERICAN COTTON BY SINNERS THROUGHOUT THE
 WORLD.

New Orleans, Feb. 1-Secretary Hester gives the taking of American cotton oy sninners throughout the world as FOLLOWS,
 This week 844OOo this year. against 21s,- mn Ias year 4O7, 900 year before last 'oT Ttai since september list, this year G. 44b. against 5,7S1, 900 last year. and B. 9s5. 900 the year before .o,-
 Of-this northern spinners and Canada took | esa oOo bales this year, against 1.521. 900 last year. and l,3ss. 900 the year before; GS; southern sninners 1,2ss,ooo age'nst l:2l6 @ .oO9 iost year and 1l35. GOO the year before; and foTeien spinners 3.5ls,OOO. against 3.oSo,oOo last year and s.4a4,OoO the year eesore;
 Not including minus correcIi'n Hnd oaVait,ah enl. lst.
 WEEKLY INTERIOR COTTON TOWHS'
The Montgomery advertiser., 1907-02-02
SECRETARY TESTERS MONTHLY cor
 TON STATEMENT.

New Orleans Feb. 1.-Secretary Hester's New Orleans Cotton Exchange statement is sued today covers the monthly movement to January 31st:
 Compared with last year 1t shows an in- sqeass qs for smT with 1T year before last an increase of s53,0oo and with 1904 on fn- crease of 731.00O.
 The total for January 1s0s, 76S. against 914204 last year. 955,s23 year before last and 1.o77,5oo the same time in 1904
 The movement from September lst to Jan. uary 31st inclusive, shows receipts at all United States ports 7,31S,59s against 5,702,- SO5 last year. 6.s70,236 year before last and across Sss.S' the " Missssippi. % Ohio and Potomac rivers to northern mills and Canada 776,obo. against 554.15O last year. s2s,e77 year before last and 616.s61 the same time in 1904; southern mills takings. exclusive of quan- tity consumed at Southern outports ,2n,- 900 against ll7Ssli last Seo year .s Ilos; s, ;ooo in 1904: and interior stocks In excess Of those held at the commencement of the season 495,101. against 556,964 last year, 5s2.4 .44A year before last and ssl,21s the same
 These make the total movement of the cotton crop brought Into sight during the five months ending close of January. S,830,. 750, against 7,9s7.s31 last year, s,SSS,SbT year before last and s,OOs,s22 the same time
 Northern spinners took during January 44O.575 bales, against 2sl.22s last year ana 367 year before last, increasino their total for the five months to l's4o I0s. against 1519,130 last year and 1. Ss3.I54 the year before This makes makes 5E 1ne es, eerase aSa,nss 6s 503 last year. and 63.SoS the year be- fore. . the season have been 5,411,57S bales show ing a decrease under last season of 1,6s6, 15S and an increase the same period year before last of 97S. S.196.
 Stocks at the seaboard and the 29 leading southern interior markets on January Slst were 1,S15,637- against I.SSs;0Z4 the same
 Including port and interior town stocks left over from the previous season and the into sight during the five months. the supply has been 1O.12s52o. against s432,SS2 last year and s15O,32 the year before IA
 cent of the cotton crop had ben market ed and for the same five months in isO6 .,sh the as es oe and for the same time in 1904 inc oercentage marketed was SOL
The Montgomery advertiser., 1907-02-02
SECRETARY TESTERS WORLDS WISH
 BLE SUPPLY STATEMENT.

New Orleans, FeD. -Secretdry. AAeSiSi . statement of the worlds visible suDly of cot ton made up from special cable and teie- ,Is- graphic advices compares the figures Of this eek with last week. last year and the year before. It shows a decrease for the week just closed of 252 against an increase or oz.- 0s2 last year and a decrease Of lSS,SSf year before last.
 5O2, ,064 last week. 5.425,270 last year and 4.-- All. .199 year before last. Of this the totai sso, o64 last week, ss95.27O last year. and 35i6.1 year before last. and of all other kinds, including Egypt Brazil, India, etc. 1,i4b 900. against 1.142,ooo last week. 1s$o'-
 The total worlds visible supply of cot ton as above shows decrease compared with last week of 252 an increase compared with last year of 75,542 and an increase compared with year before last Of l.oso,els.
 Of the worlds visible supply of cotton as above there is now afloat and held in Great Britain and continental Europe 2.ssS. .ooo, against 2766 900 last year and 2.351 600 year before last; in Egypt 237,oO0. against l9s, 900 last year and 19S,0oo year before last ana in the United States 1,777,000. against 1,614,- 900 last year and 1.425.O00 year before last
The Montgomery advertiser., 1907-02-02
casb nuotations ranged as follows
THF METAL MARKET.

New York. Feb 1.-There was astFong ad- vance in the London tin market with Tpot quoted at f192 and futures at fl9l 1os: Lo- cally it was firmer; spot s42 % O 42 25;
 Copper was higher in London sopt ehos- market was quiet but firm, lake s24 75 a s25 o5: elcetrolytic S24 .621s a s24 S7h; and
 Lead was unchanged at s6 % ss.25 in the local market but advanced to fls l6s Sd in London at fee 19s Cd Locally 1t Was steady and un- changed at S6 70ns6. 80. ,--.
 Iron was higher in the EnRhsn market Cleveland CIs" warrants at 57s asked. Locally the market was unchanged; No ! counary 7a " SoE K. No foundry southern SEC co % sSS SO; No. do S25 .OO@ $26.OO.
The Montgomery advertiser., 1907-02-02
E. E Johnstone & Co. Cotton Buyers and Warehousemen
 rrsp~ Hutss wsrsAess~
 c.ttou Bought d Any Point h Alabama. S.oace and cen.enmens Solicited Lowest Insurance best ee.
rrsps. Hurtss csnSrsss wsrshe'

which according to reports. penetrated tns -levee in the vicinity of Memphis today an9 great fear is entertained for the safety pr the country further South because of the possibilities of bad wet weather when tne crest of the flood puts the entertainments to a severe test In the very near future.
 February. the most wIntry period or the year in the South is upon us and less IssoIa a ~ able weather can reasonably be expected anu while such is usually the case every season. the tension of the market is such that ihe least favorable news in connection witn new crop prospects wild be reflected in astead- fer perhaps in a higher market althougn I will be sixty days or more before the srouna n. will be broken east of the Misslssippi 'oI cotton planting. So much has been saio m connection with the heavy run of receipts and the large exports in the way or mp ments to Europe as to leave but little more .o recite The market Is in a rut. the sort which has seldom, if ever before been exper- fenced and 1t will require something m the change.
 A
The Montgomery advertiser., 1907-02-02
c. foSra a' ABEhcnoMBIE s1slx & co.
HAYWARD WICK AND CLARK's COTTON
 LETTER.
By Private Wire to Walter Cotter and co 7 Aa f,0suxnercA Sf

By Private Wire to Walter Cotter anu So'
 42 Commerce St. the market held it's own. As far as specuis- ton Is concerned. there is one feature part icualrly prominet at present and th@s ., the general lack of confidence n spoI developments It 1: not only here her nt that Sae dne mand. but this belief Is also expressed m n correspondence from the interior. Wnethe. such anticipation Is correct remains eo v seen, but as long speculation IS lmpresseu that way the market for the next lwo o,,Sd Ts come to it's assistance might be Wantins m speculative favor and support. The intosight figures for the Weeh woIe somewhat smaller than calculated owing to greater loss of stock at interior points Receipts for the week in interior towns are considerably lighter than Tn past "eens ens and comparisons with other years are 1rnr favorable This renewed hope for . urog in the movement next week mas cheoAe' selling. .on,. demand but not pushing Spot peopie aIs partly waiting for the decision by the ,-, rev.s lon committee at o'clock. SisioIe supHss figures this evening are not expected pa'''o- uiSgS Ws eompare with 4o7. GOO spinners takings and a decrease of 1ss.ooo in the visioie m the big crop year. ...,u A The afternoon passed very quleIH. cable was received from Liverpooi sayins that the spurt in futures toWarHs .hs eotton. 3s7. .o00 came into sight for the week asa,nst ris 2oa.so5 last year and 23s,ess in lsoS, dise dne quotation revision committee ieft sr1oo VI" ferences unchanged - A- o- in
 Futures eased off In the last hour on ,nss tn different spots and anticipetioh 0t
 favorable visible tonight.
 Truly yours. ,n~ry r. ro
 WALTER CoTrER x Co'
The Montgomery advertiser., 1907-02-02
cHxcAco, GRAIN AND PRODUCE.

Chicago Feb sI--Reports of IavoraoIe cron was the iehief reason today for a weak condition in the local wheat market. Al the close May wheat was down 2 lc per pSs %Mc iowsr Provisions were 10 to 17hc lower.
 According to two well knon trade journals the wheat in the southwest s,,ao nas no' ns inc lack of snow protection. In aodition tne .ae weather bureau pfedicted snow tonight for Kansas and Nebraska. These reports induc. ei free selling of wheat in the last halt or the session and brought about a snarp oe- cloine ,. Auar,sh all, day but during the first hour prices were held steady on 6 fair demand by shorts; rne greater part of the news was favoraoie 10 sb;nments from Argentina for the week were nearly 5o0.0oo bushels in excess or estimates. while the exports srs rom onv s5oo GOO bushels. against 3,32s.000 last week For the first time ih many weeks the receip.s as ~ Minneapolis and Duluth exceeded those oI one wear ago but the movement Is tiii very small The market closed weak with prices at MaS sas iowss oDend unchanxed to xc lower at 7s%c to TsMc, sold off to 77%c and closed at the loweset figure. ., ,,,o-o ocuaI to ess' 700 bushels Primary receipts were 3s4, ,OoO, against 3s4,ooo the same gay isst ss year. Minneapolis. Duluth and Chicngo ,es, se. ported receipts of 211 cars. against Asi AAS' week and TO one year ago. s,.... With the exception of moderate advance soou after the opening Int coi im ",A' -eo' mess of wheat was the principal depressins @ influence, Pit traders and cash houses were the chief sellers and the greater part ta. of the ofSerinxs was taken by commisicn houses. T neai 1eceints were liberal and more than 500 cars are expected tomorrow The mar
 May opened shade to Ac l9Te 1Tc and at 4Ss tbsS to 46H @&c, sold up to 46.s g4,c anu . s"st st declined to c. Hrsesiet. we're 4s1 cars with one of contract grade. , = "'i That's were strong during the first hour on active buying of May hy shorts 9aG aaaS Sasn sn houses but later the market weakened m sympathy with wheat 4 ,o,o
 May opened a shade to hc lower st Ss to 3sx SeHc. sold up to S9hc and then de ciined to 8s@ hc. where 1t closed Keceipts
 Provisions were fairly steady early in the the day because of a strong market TOT i've hogs Later, however. the market weaken- zen ed on selling by local holders. TradihG was h0l the close May pork was off i7he at S,7 7TM Lard was down 1oc at $S.SO' Hlos were 1Oc lower at $S OV %yh...
 Estimated receipts for tomor[00"; r0 cors he%s | 19.o0o head.
The Montgomery advertiser., 1907-02-02
Son of Confederate General Was Frs
 eIIinn In ItAlY.

Rome, Feb. 1.-Henry MaGruder' son of the late Confederate general, John Rankhead Magruder (who died in Hous- ton, Texas, in f971). Is dead.
 MT. Magruder had been travelling in Italy with his niece. Miss Buckler. who nursed him during the illness which ended in death
The Montgomery advertiser., 1907-02-02
THE DRY GOODS MARKET.

held strong today with prices on cotton showing an advancing tendency. Bleached goods responded to the advance of hc a yard announced in ticketed lines yesterday. Outing flannels had free sale Most of the leading staple cottons were at value. Staple dress goods moved freely. Raw wools were steady and fairly active. Cotton yarU were firmer on the fine lines.
The Montgomery advertiser., 1907-02-02
ro.e-,or Movement.

fIouston-Steady. 10 11-16c; net receipts 10. .2Si; gross receipts 12.241; shipments Ill., ssI: sales 1924; stock 74,12o.
 Augusta-Steady. 1OIc; net receipts LOSS; gross receipts 1,Oss; shipments S25; sales k42; stock 44,294. ,-. . O aas. gross receipts 5,S6S; shipments 5,342; Saies 1850; stock 173.s20.
 St Iouis-Steady. 10hc; net receipts 629; gross receipts 1922; shipments b'Ofo; stoeK - ' csiSncinnati-Net receipts 1.295; gross re- aefxts 1295; shipments 54l; stock lo,244 SYnrisviIe-Firm 10hc; net receipts 436; cross receipts 4S6; shipments 6; sales 4SO; stock 200. -oz. ..o.. s.
 TotaI today-Net receipts lf'1S5; gross fe-
The Montgomery advertiser., 1907-02-02
KANSAS CITY LIVE STOCK.
ST. LOUIS CLOSING MARKETs

St. Louis. Feb. 1.-The St Louis grain markets today ranged as follows:
 Wheat May 76% @ < asked: range 76% to 77M. July 76@% bid; range 7s to 76%.
 Corn:- May 44h a <; range 44h to 44h@%. July 44h o < bid; range 441s o x to 44N
 @45.
 OatS:- May Ss% bid; range ssA to 3s%. July 35M nominal, Feb 3a bid.
The Montgomery advertiser., 1907-02-02

stock 332.55s. New York-Add 2,5oO bales to exports to continent and 59 to Japan this week
 Wflminston-Add 352 bales to net and gross receipts this week.
 New Orleans-Deduct .0e1 bales from net and sross receipts since September l.
The Montgomery advertiser., 1907-02-02
NEW ORLEANs COTTON.

New Orleans Feb. 1.-Spot cotton closed quiet and steady. Quotations were revised today. but remained unchanged from yester- day: middling 0hc. Sales the spot were B. 400 bales and 300 to arrive
 Futures opened quiet. unchanged to three points down. The market was more active today than for some time. but fluctuations were narrow. there being news to cause a decided movement either way The close was steady, two points up to six points lower than yesterdays final figures
The Montgomery advertiser., 1907-02-02

Chnrleston Feb. I-Sea IsIanu cUttvn ceipts 100; exports 54; sales llot stocA fst.
 Fine .... ....N... .... '... ''' sec Fully fine .... .. .'.sSc Extra fine .... .... .''' ''''''' 'so"
The Montgomery advertiser., 1907-02-02
NAvA1 EToREsl

in nothing doing.
 Savannah. Feb. 1.-Turpentine firm 7lc:
 sales 32; receipts 3i9; shipments 25O.
 Rosin firm sales 2,4e4: receipts SS0
 shipments 1.1So; stock ss2os. Quote: AsCp s$4.1O: &4.1O9S4. Q log l S4 2eta: H $4. lOGs4 30; .35: K $5 CO.,: M $5 g; N S5 so: VIC SC 25: wv $S bo. l Wilmington. Feb. 1.-Spirits turpentine | quiet 7Oiac: receipts 24 casks. l Resin firm s3 90; receipts III. Tar firm S2 90; receipts 266 . | Crude tuypentine firm S3.oS' S4'eo ana ' S4 50. receipts 6s
The Montgomery advertiser., 1907-02-02

New York Feb. l.- Tho market .Or t"IS fee futures opened steady at an advance or gatns heinz the result of steady cables, While the losses were due to Europeen % sell sell ing. Later there was buying by local iii Duiis' nnScouraFed by moderate receipts at brazil- ian points and the market closed steady net net unchanged to five points higher. Sales 4z'- 2h0 bags: asmE so
The Montgomery advertiser., 1907-02-02
LOCAL COTTON MARKET.
DAILY COTTON MARKET.
 DouA Alouaraaaaaf


 caiveston-Firm. 10 11-16c; net receipts ssS.625; shipments to Great Britain 13,527; to continent i2,776: coastw!se 6,6S6.
 New Orleaus-Steady. 10hc; net receipts k771; gross receipts 5.771: sales 3.9OO; stock S5I5s4; shipments to Great Britain lIOO0' to continent 14,5T1; coastwise 139.
 Mobiie--Steady, 10Ac: net receipts i'I2O: gross receipts 1,720: sales 800; stock 44,I2s; shipments coastwise 412.
 Savannah-Quiet, 10 3-16c net receipts c- asa. Rross receipts 6,2S3: sales 205; stock T2OSea: shipments to Great Britain 5,lb2; fc continent 7,590; coastwise 7sS27.
 Charleston--Quiet. 10c; net reeelpts oVa !; cross receipts 607: sales 57e; stock 1S'4AS; ehlpments coastwise 157 X Wilmineton--Steady. 10hc: net reeeipts s7g: gross receipts SIS; sales 62: sto0k f'4SS; ehIpments to continent 13.46b.
 NorfoIk-Steady. 1obc net receipts i'so4 : gross receipts 1,664; sales S52; stocK 4o''S4' Thiprnents coastwise 1.S34. Al; gross receipts 1.44l; stock IAS9l' New York--Steady, He; sales 2S1S; stock Boston-steady, lie; net receipts 2es 1; rross receipts 2,7ss; shipments to Great PhiIadeIphia-Quiet. 11.25: net receipts igo; stock 1.265. ,oo o.. .o Jaclsonvilie-Net receipts 100; gross re- reints' 100: shipments coastwise 1Oo
 Newport News-Net receipts l,4ot' gross receipts i.457; stock $500; shipments coast Tsrunswick-Net receipts 4,os5; gross re seipts 4OS5; stock 15,40s: shipments to Great Britain 200.
The Montgomery advertiser., 1907-02-02
Sr LoIIIs PRnnuCE-

St. Louis Feb 1.-Flour steady
 Whiskey steady 1.3S.
 Pork lower jobbing S17.10
 Lard lower: prime steam $9. 40.
 Dry salt meats steady; boxed extra shorts S9 IS: clear ribs Ss.S7Ia; short clears SIC. Bacon steady; boxed extra shorts S10 bOe clear ribs S10.62h; short clears $10 75.
The Montgomery advertiser., 1907-02-02
NEW WORK PRODUCE.

New York Feb. 1.--('otton seel oil easy; prime yellow 44bc asked.
 Turpentine firm TAI @75c.
 Molasses steady.
 Sugar raw steady: fair refining 31-S2c: centrifugal 96-test 15-32c: molasses tugar 31 32c: refined steady,
The Montgomery advertiser., 1907-02-02
CINCINNATI PRODUCE.

Cincinnati, Feb. 1.-Flour dull, Wheat seady. TIA Q7Shc. Corn firm 45h h 446c. Oats higher 39h 04Ohc. Rye steady 70@71c, Provisions firm.
 Whiskey s1.29
The Montgomery advertiser., 1907-02-02
WEEKLY CoTToN srArIsrrcs

New York. Feb. 1.--The following statis- tics on the movement of cotton for inc week ending Friday. Feb. l. were compiIed bv the New York Cotton Exchange
 Weekly Movement.
 This year. Last year Port Receipts .. .. - 204gso Ia2 asS Overland to Mills and Canada ,.;;, 47.4o4 s5277 (estimated) e. .. ... e2oo0 b50oo Gain of stock at interior towns .,.. .... 21.5A 11os1
  Brought into sight for the week .... .... .. 3s2,74o 211,5s4
 Total Crop Movement. Port Receipts .... 7360273 57s2so0 Overland to Mills and Canada .... .. 780,0S7 55e707 southern Mill Takings (estimated) .... .. .1,291,o0O 1906 900 Stock at interior towns in excess of September 1st .... .... ....1.... 4s4.Sss 52ss9s
 
 Brought into thus far season ..., .... .....s s.916.256 s.050, 5o5 NoTE-47A3o4 deducted from receipts of season.
The Montgomery advertiser., 1907-02-02
TREASURY BALANCES.


Washington, Feb. l. so,. zoe ony treasury balances .... .... ....* *24a'dOS'so11 o1 Gold .... .... .... ''". ''''-' A'''''''"'
The Montgomery advertiser., 1907-02-02
Total Movement. .

.rotal today at all ports net 44.Os1; ship events to Great Britain 3s,774; to continent ts.rzon:oiidated at all ports net 3O5, 5,sso: ship ,oerts to Great Britain 17s,s21; to France 10 sss; to continent 15S,O91; to Japan 6so' AS;Totsl since Sept l. at all ports net '. .S61 = o,1, shinments to Great Britain 2 45O. 95I {; eo France 647. .25O; to continent 2.246'5S7; to Tapan l22.S35.