davidaulloa/AmericanStories huggingface dataset:
The Montgomery advertiser., 1908-10-15
NAVAL STORES REvIEW

Savannah, Oct 14.-(Special. )-ThouRh prices went up a quarter of a cent in the past week this value not maintained in the spirits of turpentine market and at the final call of the week ending yesterday the article was quoted firm at 35c. There was no sales at the final call yesterday but the market was covered thoroughly full board values.
 The market for turpentine opened last close yesterday was firm at 35c that there was no change for the seven days though prices at one time about midweek worked up to 5hc slight manipulative support which was withdrawn in a short time.
 The volume of receipts at the port con- tinues to show falling off with the nearer approach of cold weather. This is of course, to be expected and It is probable that the market is showing A stronger un- dertone because of this fact. The buying support afforded by various interests for legitimate requirements was. whole. satisfactory and the rule Is the absorb Ing of the daily receipts at the port The outlook in the naval stores market at this time la very good.
 Rosins were in demand. The upper grades generally are higher with an una the medium grades are trifle lower than was the case the Tuesday preceding The forieg gn shipments in both markets for the seven days were very good.
 The quotations rcsins at the closing Tuesday were: Water white $6. 15 window glass $6 O5; N s5 e5; NJ s5.oO; K $4559 60; I sS. 5dsO; II 325G27lA; G s2. 65Q 70; &2 6ods21s; $2. 55 571s; g.. 55: B $2.50.
The Montgomery advertiser., 1908-10-15
COTTON CROP SHORT.
It Will Not Meet the Demands of tbs SniunNra

1t Will Not Meet the Demands of the Splnners.
 It Is an accepted fact that the 1908 cotton crop will fall short of the spinners' desires, and equally welk known that stocks or raw cotton and manufacured cotton cloth are very low; add to this the gradual bet torment that is shown in the worlds trade budget and then ask yourself this question why should cotton sell at eight ane nine cents when the manufactured cotton goods are selling at the same prices as they did when raw cotton was selling at twelve and fourteen cents.
 Thoughtful people see in the Lancashire strike an effort to depress American cotton more than a purpose to lower wages. A very strong argument in favor of the above fact Is, foreign spinnera have this season taken much more cotton than for the same period last year, while American mills have also taken more. These with many other facts clearly show the folly of farmors turn ing their cotton loose at present prices We believe all of you will agree to this.
 The people should withhold their cotton from the markets until there is a real need for their staple Let profit by the exam pie of the buyers who are now in the mar ter prices.
 Remmeber that the fall has been unu- sually favorable for gathering cotton, and the real needs of the mills are being met by those who run in the old way; rushing their cotton to the market regardless of the prices. We know this supply will soon be exhausted. Every one must realize that the forces tending to depress the market have reached the climax. and that the one thing necessary to make cotton take an upward turn Is to stop selling it.
 The business men of the country have time and again expressed their readiness to aid us in holding for the reaction which will bring a common blessing to every one of every interest in the South. Let every one face about and and stand by ours and our country's cause. is being done in many sections of the South by both farmer and merchant acting In harmonious con cert for common end. storing their cot ton in Union warehouses and handling through Union channels with the common aim of securing better pricas and more sat- isfactory and economimal handling
 The chief thing just now is perfect and harmonious understanding between mer- chants. bankers and farmers in a cp-orera- tion that win Lest serve their common cause.
 Farmers Union National Cotton Committee
The Montgomery advertiser., 1908-10-15
THE STOCK MARKET

New York. Oct. 1.-The stock mar ket took on all the aspects or a naT- row professional affair to-day. Its meaningless and reflected no conyic- tions on the part of those responsible for the bulk of tue dealings. but msrey msnt Of an prices es%er for trading purposes The volume of the days transactions was meaGre and the constant shlfting the feeling of hesitation and uncer- tainty of those taking part in the market. Yesterdays disposition to revert to minor obscure stocks as marked to-day. and was In itself an occasion for distrust. Such a move-- ment often falls in as sequence of and more active stocks in purpose to rectify the proportion of price changes. number of stocks came in- slectca for weeks at time: stocks of the cheapest grade and of the most doubtful value. Tins stirring up of the dEegs of the list was regarded as towards the movement. testing pro- cess demonstrated lack of support of stocks of class only. a little super Sales ct only a few blocks of these resulted in a collapse of the prjce. These evidences of the degeneration of tho speculative movement. prompted the selling of the general list which dpressed prices. There was no actual news to account for the depression. The call money market continued to show hrmer tone and to suggest some coming curtailment of the su- perabundance of funds for speculative uses. which has been the prime factor In keeping up prices. Some of the most influential clearing house banks were reported to be withdrawing some parts of the loans they have extended for stock market uses. and the profess stonal traders were ready to infer from this attitude towards the stock mar ket on the part of the powerful cap itaiist sroups affiliated with these heavy loan. expansion to provide re- sources for purchase of foreign offar. ings of stocks. of course diminished while not nearly exhausting the sup ply Of loanable funds. New York ex- change nt Chicago has risen to pre- mium since the opening of the week. rms can hardly mean a suspension of interior demands for funds. the de- mana on that account being apparent ly unhiminished. but Interior bank ra- the demands upon New York can he toregono to allow for any actual noel or resources here.
 IakinE up new railroad bond issifes market. The re-opening of the labor controversy in the English cotton mills threatens a curtailment of ex- port demand for cotton and is having an an erect in holding cotton bills of the foreign exchange market, thus making a factor in the frmness of ex9 change rates.
 Bonds were steady. Total sales sa 346.00O. United States 2s regIstered aovanced Is and the tours registered
 CLOSING STOCK LIST
The Montgomery advertiser., 1908-10-15

ding SAc. Sales were 1900 bales an the spot and 1. 1900 to arrive
 cotton futures opened steady at practi- cally yesterdays closing level Cables were olsappointing and the weather map could not have been better but the selling from the bear side met with large buying orders which were brought out by the strength Ing. -
 October. the spot month. rose to a pre- mium Of nearly thirty points over Decem- Der. This was said to be due to the large amount of October contracts held by ex- porters as hedges against actual sales. The market was well sustained all day offerings of bears being well absorbed by fresh long buying. On the closing tn etone was steady and the, active positions were one point lower to two points higher than yesterday s closing.
 NEW ORLEANS COTTON FUTURES.
 New Orleans, Oct. 14.-Cotton futures closed steady:
The Montgomery advertiser., 1908-10-15
CHICAGO GRAIN AND PRnDuCE

chicago Oct. 14.-A falling off in re- strengthening effect today on the local wheat market. final quotations being up az AQ% %c. Corn and oats were easy but provisions were firm.
 Following decline at Liverpool equal to nearly one cent per bushel. the wheat mar ket here opened easy with prices unchang- ed to k O %c lower compared with the pre- yious close. Before the end of tho first hour' however. prices had advanced about hali a cent owing to an active demand by leading pulls and during the remainder of the day sentiment in the pit was bullish the greater part of the time. The contn- uanee of dry weather In the southwest in consequence of which the seeded crop is making poor start In a greatly reduced area. served as bulish argument. did also marked falling off in receipts of wheat at Minneapolis. and Duluth where ar rivals today at the two points only sS2 cars. against LIS the corresponding week last year.
 The claim was made that farmers in the spring wheat territory have marked large portion of the new crop and that stocks fin country elevators still to come forward are comparatively very light. Cash wheat In the sample market was in only fair de-
 shorts were fairly active bidders for wheat late in the day, which caused the market to close at almost top figures Fin al quotations on December were at s1 .O1 and on May at q .o3 < q $1 o4. Minneapo- lis, Duluth and Chicago reported receipts of 671 cars. against 1.i44 last week and 620 a year ago.
 The corn market was weak owing to heavy selling inspired by a decline of F Q Sc In the price of cash grain. The weak ness of the cash market was due to the likelihood of free movement of corn in the near future as a result of the ideal weather conditions. The market closed weak at almost the bottom. Final quota tions showed net losses of @% %c. De- esmber closed at 6S% O &c and May at 63Ac.
 The oats market was unsettled but senti- ment was inclined to be bearish the better part of the day s> A decline of hc in the price of the cash grain had depressing ef- feet on options. The market closed easy with prices off a shade. December closed at 4Sk kA%c and May al 5OAQkc.
 Provisions were rather weak at the start owing to renewed liquidation. but senti- ment soon became bullish buying by lo- cal packers The early selling was due to a 1O@15c decline in the price of live hogs. At the close prices were 2hc low CT to 3c higher.
 The leading futures for the day ranged as follows:
 
 |
The Montgomery advertiser., 1908-10-15
SALES ARE LIGHT
HOLDING MOVEMENT SEEMS TO
 HAVE EFFECT.
Few Wagons Are Bringing Cotton To City And Not All Of It Ia
 Offered For Sale.

Harvie Jordan's letteG calling for the big Hold meeting to be held in Memphis just after the Presidential
 set0n s h has saa tshtsnsa erSmp the lPSs lPs@ Wa ons wander into town once in so often, but the driver is usually forced In by some debtor. In spite of the few sales and lack of cotton for marketing. spots are stubbornly quoted at about eight and a half cents. The interested ones say that fight is on. a test of en- durance. the farmers standing off cred itors, and buyers using their influ- ence with wholesale people to force the little retailers to make the farmer sell
 MT. Jordan's meeting has taken well. President Charles L. Gay, of the local Farmers Union. received a telegram from MT. Jordan Wednesday from put before the Board of Trade. and the telegram says the Memphis commercial men are backing the enterprise to finish. Having secured this aid, Mr. Jordan has returned to Atlanta. where he will establish press bureau and conduct the prellminaries of the cam paign from that point.
 Tn reference to the Memphis meeting, lhe local cotton men and others Inter ested met here Wednesday in the court that s2O0 was reported. The plans for taking part in the Memphis meeting wore discussed. but as yet no dele gates have been appointed.
 Futures are in a dilemma, the North ern spinning interests say they have the farmers at their mercy. The farm CTS, taking on new life from the pros pect of the Memphis meeting, are hold ing. and as result the future quota tions scamper up and down according as one side or the other reports, in way that shows the utter instability of standing ground of thosO making quotations. Down six points one min ute to bounce back eight a few min utes later shows the condition in that line and the farmers seeing the pe-5 culiar movement, takes heart and laughs.
 Some are now blaming the present cotton crop conditions mostly on Texas. It was said yesterday that the 1905- 1906 crop of Texas was 4.O50,OO bales. out of total crop of 13.50U, ,U00. That the Texas crop of 19O6-1907 was 2,221- coo, the falling off bringing down the grand total to II, 800 GOO for that cot. ton year. This year. in spite of the reports that Texas suffered heavily along. with Louisiana and Arkansas. reports are to the effect that Texas will have a crop of 3.500,000 bales and that when the 1907-190S crop is his- tory. the total~will not be so far snort as is generally supposed. If the crop this season Is only 10000. 900 bales, as some have estimated then cotton VIII be in it's teens by December, but If receipts show, as the season pro- gresses, that the crop will be over 12,- 100000 bales ten and eleven cents win be the best prices offered
The Montgomery advertiser., 1908-10-15
I'The VIcToR,'
Msai-standard ss~o: waterrroand sso;

Meal--standard s2hc: waterground sSc: Pearl 97hc
 Fruit and Produce-Fancy lemons aeoa per box s4.7S; Irish potatoes per busheI sllS onions yellow globes Sl.l5; fancy
 Tomatoes s1;5O; Snap Beans stand SI; Cucumbers S1.5e. " les 16c; 1 h. cuts square lie
 Grtts-Per bbl S490; per sack s24g
 Grain and Hay-Bran $1.65; shorts ii 65; oats 6Sc; white 6sc; white cIipped 67Ac; timothy hay $500; Johnson ,Srass 75c; Alfalfa S1.25; corn 9ec.
 Prime Cotton Seen Meal S26.O0; saclxea cotton seed hulls SIS ton
 Molasses-Georgia cane, bbl. 4lc gallon. cases. gallons $350 per case; maple syr1Ip Log Cabin Brand. gallons s14; X gallons S7. 50: quarts $4.25 per doz.
 Chickens-Hens s5@4Oc; flyers 2s@sOx broIers Is Q 925c.
 sugar-Granulated 6%e; F. Y. C. sHo.
 Eggs-12hc.
 Bragging-Eew juts 50 or 50 yd. pieces lb. Shc; 1% lb Sc; new sugar sack x lb. 7hc; lb. shc; second hand suEar sack 7QThc.
The Montgomery advertiser., 1908-10-15
THE METAL MARKrrs

New fork, Oct. 14.-London tin was high CT with spot quoted at 132 pounds "a sd and Futures at 1 s4 pounds 2s Sd Locally the market was quiet but higher in symoathv $29 35. S' S.lOQ
 Copper was lower at 5s pounds 15s for spot In the London market but futures was dull and unchanged 'i"i net
 Lead advanced to 13 pounds Cd in Ion
 eon; @niIe the local market was dull mt
 spelter declined to 10 pounds 12s Sd in London The local market was 1uist st H.77h 4S4.s2h FNie' a'
 The London iron market was 1ov,ar v,.t, standard foundry quoted at 4Ss 3d and Cleveland warrants at 49s Sd LocaIIv tba market was unchanged iS tns
The Montgomery advertiser., 1908-10-15
OPEN ALL NIGHT.
Wall Street Brokers To Aid Customers Dur
 ing Election

Wall Street Brokers To Aid Customers Dur
 ing Election.
 New York Oct. 14.-A score of Wall Street brokerage firms have announced that they will keep up town offices open on
 Most of the uptown offices did the same thing tow years ago in the Hughes Hearst campatgn when 1t was feared that the mar ket would be affected by the result. The benefit to customers from an all night and day brokerage business is that 1t permits execution of orders in the London market before the opening here
 The difference in time between the two markets is five hours, the London market opening at five o'clock our time. But busi- ness may be done much earlier than this for the reason that the London curb un- like New York. deals in listed stocks and opens before the London market. on special occasions such as an import ant election 1t may open as early as 2 o'cIock in the morning our time thus giv- t,g customers a place to sell or buy stocks soon after the result of the election Is known.
The Montgomery advertiser., 1908-10-15

T-Indicates inappreciable rainfall For yesterday. t-For 24 hours and Ing am. 18th meridian time. NOTE-The average maximum and mini. mum temperatures and the average rain. tal are made up at each center from the actual number of reports received Th. Atate of weather" Is that prevailing at ttr1e Of observation.
 REMARKS.
 No rain fell in the cotton belt Tempera- lures rose slightly in the western districts. put were slightly lower in all eastern dis tricts- Frost occurred at few places in Texas. Georgia and the Carolinas
 FRANK P. CHAPTER.
 Section Director. Montgomery, Ala.
The Montgomery advertiser., 1908-10-15
.soNTGOMERY CURRENT QUOTATIONS. (CorFected Daily.)
These prices arc at ~hoIesals and not {
 consumers:

s,opchWCorn 6Q1Oc; standard eoods Pearl 4hc; gloss lump Ahe: nickel goods '' iSr.-Leaf lOMc; compound sKe: basis ePetce-Extra fancy head Thc: fancy had az 67e broken AZ 15c; Japan 6M@5Ec. sslt-Liverpool $1.lb; Virginia COG: Vnegar-Per gallon ls920c
 Coffee-Green common sh @1oc; prime sJi 9 IOc: choice II @l2; fancy l3914ho
 5ardines-Ameriean mustard S3.7S: k-oil S3.75.
 Hides-Dry Hints 1O9l2e; dry salted 70 IOc: green hides 49Sc; green salted Sc. BeeswaX-25c.
 Wooi-Clear IS Q 20oi burry e6l2c; washed 20926c.
The Montgomery advertiser., 1908-10-15
Pntrons of Grrnt BrItnIn.

WashIngton Oct. 14.-The United States Is one of the hest patrons of the British pottery industry and it is estimated that forty per cent of the exports of manufactured clay come to tbis country, The estimate furnish ed the Department of Commerce and Labor shows that the output of the British pottery is about $3O,000,000 annually while the total exports of manufactured pottery each wear aRy Sl2.OoO. coo.
The Montgomery advertiser., 1908-10-15
COFFEE MARKET.

New York. Oct. 14,-The market for cof- rec futures opened steady at an advance of gust being higher on covering Swhile the de. eiine was due to lower European cables and DIE primary receipts. There was considerbIe trade selling and some scattering lIouida- ton, but offerings were pretty we'll absorb. ca with the close steady, net unchanged to 3S1 bags. including: eU "i Deceinoer .... ..,. 40 HSor = '' '''''s ..........5 70 'A1S - ''' 3O July September ~ Sp
 Spot coffee quiet Rio No. 6Kc: santos No; s%c; mild coffee dull; Cordova 9X a
The Montgomery advertiser., 1908-10-15

N '. Central gen. ss .1ak
 Nortnerp Pacific Is .... .... ......ioI K Nors es .... e. ..s... 73A west con. Is .. .... ss.s.. g6
 pson paas snort Line rfdg. Is .. .... .. s4b pe cx ss. l915... .... ...... 94h ph rh con Is .... .... ....s... 94M Psn,tsss zen fs s... ..'' 99% .. eeRupnc or Cuba 5s .. .... .... ..IO2A sI l. & l. Nj con. 5s .,.. ,.....li0H e. 8 F. fig. 4s .... .... .... 77
 ss. h.. ~. s west; con. Is .". TAX Ar Line Is .... .... ...... 56
 southern Pacific 4s IL. .... .... .. s3
 so,,.Lols, ls, ss ,.. .... 95h
 rs~s ny. 5s .-.. .... ...' .1O3& Iy.s oi,, .. iA W. 4s .... .... 75% S"ion Faciilc 4s ..102% IT e c.t ss .... ...' '.'. 's.' 99k Wabash Ists .... .... ,.., ,.., lilo
 -. 1u. As 70
 Wisconsin Central Is .... ..., ,,,,,. si% N r. N H. cv. Gs .... .... .... ..I2sis
The Montgomery advertiser., 1908-10-15
ned and cloaed auiet:
HEsTER ON WEIGHTs.

New Orleans, Oct. 14.-Secretary Hester today issued a statement of weights of sA5.s29 bales of cotton handled at outports and across the Mississippi Ohio and Poto- rivers overland to American manufac- turers outside of the cotton belt during the month of September. showing an average per bale of 526. 70 pounds, against 520 54 pounds for the same period last year.
 The detailed averages are;
The Montgomery advertiser., 1908-10-15
LONDON sTOCks.

Iondon Oct. l4.-American securitiea o,,ened aulet anG about unchanged today. Tmring the early session trading dull 1,iib prices ranging from A half below to five-eighths above yesterdays New York closing.
The Montgomery advertiser., 1908-10-15
sT. LOU1s GRAIN

St. Louis Oct 14-CSpeciaI) )-Tba st Louis grain markets today ranged as fol. Wheat: Dec. sl0O%A; range sf aoi .o S1 00% qS1 O1. May $1. O4: range s1. osZ to $i OK. July 97; range 96RA to s7 '' Corn: Dec. S1 bid: range 6OH to etH Nom. oA 2 Oats: Dec. 47 bid May 47% vjd
The Montgomery advertiser., 1908-10-15
WEATHER CONDITIONS.


 Temperatures have risen slightly in the western Mississippi valley and west gulf states. but are somewhat in the eastern cot ton districts. light frost being reported from a few places in the Carolinas and Georgia. Fair weather is still general rain having fallen only in the extreme north western part of the country and on the southeast coast of Florida. The amount for the past twenty-four hours, at Portland, Ore, was 2. 3S inches, and rain was still falling in the northwestern states at a. m today. The pressure areas are much the same as on yesterdays map. but the indications dfe that the high pressure area over the southeast will disappear to the northeast and be followed by fair weather in Alabama tonight and Thursday, and warmer in the southern portion of the State tonight.
 COTTON REGION BULLETIN. Montgomery. Ala, for the 24 hours ending
 ct am. 18th meridian time:
 Wednesday, Oct. fl, 1908.
The Montgomery advertiser., 1908-10-15
NEW YORK BONDs.

U. s. refE 2s reg. ..., ........ .103Ss
 do. coupon ''-' '''' .... .104 U. s. 3s, reg. .... .... .1OOk
 do. coupon ..........I01
 do. coupon ;.'' '' ..'... ..122
 do 6s .10S L Atchison gen. Is .... .... .... .. 99H
 do adjustment As .... .... 941@
 do ev. Is .... .... .... ...... 9G Atlantic Coast Line Is ..........'s4 Baltimore Ohio Is .... .... ...... 99ls Brooklyn R. T. cv As. ............ .., 74sss 7744ss Central of Georgia 5s .... ......loSls
 do. lst. Inc '.'' '.'. '.'. 62
 do. 2d Inc .... .=... .... ...... 45lt Chesa. ohio 4ias .... .... lof # Chicago Alton 3las ..... .... ...... n c. B. Q. new 4s .... .... .. 98 c. R. |. & P. R. R. Is .... ....-. 73s.
 do, rfdg Is :... ..., .... ...... ss2s C. C. C. X St. l.. gen. Is .. .. s6I. Col Ina 5s .... ...'. ..'. 74ia Col Midland 4s ''.' ,-.. ...... 6S Col < southern 4s .... ...... 94% Del Hudson 4s ......10G Denv R. Or. 4s e.. .... .... .... 95 Erie prior lien Is .... S7s Hooking Valley 41zs ...... ....lO5 Inter-Met 414s .... 47 Japan 4s .... .... ........ so
 % 4t7s ..''' '''' '''' O.. So5s Lou & Nash. Unified Is .... .... .. 99I5 Manhattan cen gold Is .... .... Q. s7% Mexican Central As .... ...... S1ls l
 do lst Inc ;.'- '''' '''' '''.'' l6!s l Ms. K Texas Is co. 9sas l Nat. R R. R. 1 of M. con. Is .... " .... ' So,s N Central gen slss .... ..'. ..'.'. 92is |
The Montgomery advertiser., 1908-10-15
'ats' Dec. ~ bid. May 47% vid.
EXCHANGE REsCINns Acr1nA,

New Orleans. Oct 14.-The directors of the New Orleans Cotton Exchange today rescinded their action of October :. makinS stained grades of cotton below middIipS non-tenderable against future contracts,
The Montgomery advertiser., 1908-10-15

New York. oct l4.-Cotton seed OH easyi prime crude % hc do, yellow 37A case.
 Petroleum steady.
 Sugar raw steady: fair refining $5 4S; centrifugal 96-test S3. 95; molasses. sugar S3 20; refined quiet.
The Montgomery advertiser., 1908-10-15
NAVAL STORES.

Wilmington. Oct. 14.-Spirits turpentine nothing doing; receipts g casks.
 Rosin nothing doing; receiits 11S. Tar firm 90; receipts SS.
 Cruie turpentine firm 50, & % and S2.75: receipts 30.
The Montgomery advertiser., 1908-10-15

NEW ORLEANS COTTON OIL.
 New Orleans, Oct. 14-Cotton seed oil. prime 3Sc Oiti
The Montgomery advertiser., 1908-10-15
Cash quotations were as follows:

On the Produce Exchange today the but ter market was steady; creamerles 20h o 271sc; dairies 1874 G24c.
 Eggs steady; at mark cases included IT @20c; firsts 23hc: prime firsts 24c.
 Cheese-Steady 121a Q131ac.
The Montgomery advertiser., 1908-10-15
SELMA COTTON MARKET.

Selma Oct. 14.-(speeiaI.)-T price of spots quoted in the local cotton market to- day were as follows:
 Gaod middling ... .... . ....s 1b-1sc strict middling ....S 13-16c Miaohng -. '''' ''.. ...S 1l-16c Stflct low Iniduling ..S 9-l6c Low middling .... .... .... .... l-l6c
The Montgomery advertiser., 1908-10-15
s--Rising. x-FaIling.

hINEH FUhECAbT. The Coosa will fall slowly and the Ala bama will rise slightly. beginning to fall in the upper portion Thursday.
The Montgomery advertiser., 1908-10-15
x-Asked.

x-Asked.
 NEW ORLEANS COTTON. New Orleans. Oct 14.-Spot cotton was steady today at unchanged quotations Mid