BERTRAND SEEK TRUST S STOCK. Aployes of the Corporation Take Advantage of Offer. New York, Feb. 3.-A meeting of the directors of the I'ntted Slates Steel Cor poration was held here today. At its close Judge Gary, chairman, gave uu; the fol • lowing statement: t •"The subsidiary companies of the United States Steel Corporation at this time have orders on their books for over 3.500,000 tons which are the largest unit I led book ings that they have ever had. •‘The books for subscription to stock un der the proiit sharing plan closed Satur day, January.31, ami the stock was sub Mrtbed for as follows: ‘Twenty-seven thousand six hundred a thirty-three men subscribed for 51,126 ires. *Class E. composed of men who receive salaries of $S0O to $2,500 a year, subscrib ed for 29,013 shares; 14,200 men subscribed. F, which is composed of men celve fSOO or less In wages ,sub for 15,038 shares, 12,170 men sub acribed. "The Board of Directors voted to allot to class F all the stock they subscribed for, and to class E 90 per cent.; class D, SO per cent; ckfss C, 70 per cent; class 60 per cent, and class A, 30 per cent of the stock for which these respective classes subscribed.” H. BRIGHT. ORLEAHS. Orleans Cottos Ex Exchange. and as Cotton Association, to the execution or •n oott— B. BEER, Mtrehants, CONFEREES IN SESSION. Deadlock Over Department of Com merce Bill. Washington, Feb. 3—The Senate and House conferees on the bill creating the ■ Department of Cummedee held their first conference today, but adjournd without i reaching an agreement. The House provi sion conferring on the President authority to plaee the Interstate Commerce Com mission under the control of the proposed department was the principal difference, the House representatives standing each stiffly for the House provision and the Senate's representatives contending as firmly for Its elimination from the bill. All the Senate eonfereee, Messrs. Han na. Nelson and Clay, stood together on this point. Senator Clay went so far as to say he would not agree to a report ac cepting the House provision. The House conferees indicated a willingness to accept the amendment suggested by Senator Nel son and endorsed by the Senate's Com mittee on Commerce for the control of trusts. Members of the conference express the opinion that the provision will be incor porated in the bill without substantial change. The conference will meet again tomorrow. , BIGBOY WILL GET MONEY. Justice Barnard Decides in Favor of Indian Agent. Washington, Feb. 3.—Justice Barnard of the District Supreme Court today granted a mandamus directing the Secretary of the Interior and the Commissioner of In dian affairs to pay John D. Bigboy, an Indian agent of the La Pointe, Wis.. agency, certain moneys deposited to his credit in the Northern National Bank of Ashland, Wis. The court held that an Indian agent* had no right to refuse to countersign the Indians' cheek for money, that act feeing a ministerial one, and that Bigboy feas all the rights of citizenship so far as property lawfully allotted to him Is concerned, subject only to such condi tions and trusts ss may have been ex pressly named in the allotment, patent or contract of sale. The ease involves about IHO.OO#, said to fee held by the Indian Bureau for the several hundred La Pointe Indians. A Statehood Compromise. Washington, Feb. 3.—There was again today considerable talk about the Senate of the possibility of a compromise on the Statehood proposition. A suggestion, which appears to meet with some favor on bpth sides of the controversy, is that the fwo Territories of Oklahoma and New Mexico be admitted as States and that Arizona be united with New Mexico until the area now covered hy that Territory shall include 30il,000 people, when it shall feecome a State and that Oklahoma be ad mitted as it now stands, but that at some definite time in the future, Indian Ter ritory shali be udded to Oklahoma. Accounts in Confusion. Washington. Feb 3.—In closing up the fiscal accounts for the Philippine Clov ernment for the past iisenl year, it was discovered that the accounts of .James H. Beehan. disbursing officer for the Board of H alth of the Philippines, were In great confusion, and upon demand of Auditor Lawshe, he was arrested and tried on charges of forgery and duplica tion of public documents, and sentenced to Imprisonment for twelve .wars Beo han. who is from Massachusetts, was ap pointed in 18C0. Results in Delay. f: Chicago. Feb. S.—Failure to secure Jh service on all the various defendants in 4t the Rock Island Injunction case, set for If preliminary heurlng today, has resulted In an indefinite delay. According to At torney J. Hamilton Lewis, a week . may transpire before the hearing K. Will proceed. $60,000 Per Day This is the average sum paid daily to policy-holders by The Mutual Life Insurance Com pany of New York. Multiply that by a year and the wonder of the amount disappears when you learn how and where the largest accumulation of trust funds in the world is invested, as shown in “A Banker’s Will.” This book is sent on request. This Company ranks Ftrsi— In Assets. Fast -In Amount Paid Policy-holder*. First— In Age. The Mutual Life Insurance Company of New York Richard A. McCcsor, President. 8. Willcox, Manager, Montgomery. V WALL STREET REVIEW PROFESSIONALS CONTEST THE APATHETIC TREND. Market Develops Some Show of Activ ity and Strength Before the Close—Little Change is Shown in Bonds. NEW YORK, Fob. Th? professional ele ment among the traders c mtrstci the apa thetic trend of the stock market today and de veloped mime show of strength ami activity be fore the close. The reaoti .nary tendency dur ing th<- morning became dominant and tho professionals apparently resigned themselves to the neglected condition of the market The movement In Wabash stock* made a slight ad vance at the opening on the strength of the news from Pittsburg that the franchise for the company's enhance Into the city had been favorably acted upon by tHe city Council, but the stocks fell back aga n and «h- de benture L> bonds particularly suffered from realizing. Yesterday’s felling of Pensylvanla on the score of conversion privilege for the bonds carried the price of Pennsylvania stock below thet of New York Central, whereas It has ruled constantly above that stock for a long time past. The news of the Illness of the King of England was an Influence In the «*arlv dull ness as was also the renewed hitch in the preceding* for a settlement of the Yeneiue lan difficulties. The December statement of the Pennsylvania lines both egst and west of Pitts! urg was so clear a demonstration of the prevailing tendency of railroad exi»ens®s to en croach upon net earnings that the effect was rather depressing. Sterling exchange was quite omlnouesly strong and It was said that the freight hlockadfs and the cutting down of the grain movement had resulted In n scarcity of grain bills In the exchange market. At the same time the prevailing case of money la an Inducement to horrowers from foreigners to pay off maturing* obligations abroad. The ex change market eased slightly at the close. The rate for call loans fell below 3 j»er cent, during the day. This ease is due in large part to the determined «piietude of the speculation. It is manifest also that the powers in the money world have in view to build tip th»ir cash resources and to guard aguinst any such extended credits as that which disquieted the country last Fall. The proposition of the clearing house committee to require a 5 per cent, reserve fund by the trust companies, with progressive increase over future periods is in line with this policy. A number of the metal stocks wers conspicuously strong in to day's market. The advancing tendency of the copper market, the measures to consolidate the icarl Interests, the Governmental measures which art* discussed for the improvement of silvr situation and the extraordinary activity in the iron trade combined to form the basts for this movement, which included Anaconda. American Smelting, National T,ead and later •i the day 1'nlted States Steel and the inde pendent Iron and steel companies. Closs-Phef fleld Stee lmade an unexplained dip of 2% with a substantial recovery. The market closed rather irregular. Wabash bedenture B’s overshadowed the bond market, which was otherwise Irregular. Total sales (par value), $5,375,000. United States bonds were all unchanged on the last call. N*w York tftock List. STOCKS. Atchison . do pfd. Baltimore and Ohio. do pfd. Canadian Pacific . Chesapeake and Ohio..!.. Chicago and Alton. do pfd. Chi., Ind. and Ixjuls. do pfd. Chi. and Great West. do A pfd. do B pfd. Chi. and Northwestern... Chi. Term, and Trans... do pfd. C . C.. C. and St. Louis . Colorado Southern . do first pfd. do second pfd. Delaware and Hudson ... Delaware. Pack, and West Denver and Rio Grande. do pfd. Erie . do first pfd. do second pfd. Great Northern pfd. Hocking Valley . Illinois Central . Iowa Central . do pfd. Lake Eiie and Western. do pfd. Loulsvllb- and Nashville. Manhattan L. Metropolitan St. Ry. Mexican Central . Mexican National . Minn, and St. Louis. Missouri Pacific . Missouri. Kan. and Tex. do pfd. New Jersey Central . New York Central . Norfolk and Western. Ontario and Western. Pennsylvania . R adlr.g . do first pfd. do second pfd. St. I., and San Fran. do first pfd. do second pfd. St. L. Southwestern. st. Paul .;;;;;;; Southern Pacific . Southern Railway . do pfd. Texas and Pacific . Toledo. Bl^L. and West Union Pacific . do pfd. Wabash .^. Wheeling and Lake Erls. do second pfd. Wisconsin Central . EXPRESS COMPANIES'. Adams . American . United States . Wells Fargo . . MISCELLANEOUS. Amalgamated Copper ... Am. Car and Foundry... do pfd. Am. Linseed Oil . Am. Smelt nnd Refng... Anaconda Mining Co. Brooklyn Rapid Transit. Colorado Fuel and Iron. Consolidated Gas . Continental Tobacco pfd. General Electric . Hocking Coal . International Paper . do pf.l. l4 ...•l.219 • *..|.! 18% • •••;.j »% ■ •..!.I 9*% 29* m| 29V* I 29% ....).J 70 44% ! 2?\ 44% 44%: 2.900T183% I81%illi% i.[.I. :»% I.1.i. MS 28.9001 41%, 40%! 41 lS.WWI 73 I 72% j 72% JO.OOOT «3%| 61%I 62% .I.I.?20o *KLhn%;i(a%'ini% 207T 97%; 97% 97% 1.000' 145%: 145%! 14.7% •I.1.1.I 43% •;.;.!.172 • W0;47%| 47%T 47 ■ .T- —i-.. >. j IT* ■ I l,2ft'. 73% 700. 26% 81 [ 80 73 i 73% *W! 26% <0 6,6(V,;17tl^|177S!l7S I.f.f 1»2% . 6.100] 64SI 64 I 64% i 3,600 ! 36 I »% | 35% 300 ! 96SJ, 95%! 95 .! 2.700 40% i 39% 40 . I kftft :{f.%; 29% I 30 . 100* 45 1 4.1 1 44% M0MA1%I1A1 101% ■ • 30.'! 93V 93% 93% . dl.AAId 31% 30%I 30% •I 4.30*. 47%| 46%] 47% •i 2 *0". 26%' tr. , 26 .1 1.300, 36% 35%! 36% .1 orvi* 26%* 26%! 26% .1 600 ! 52 V 52S ! 52% ■!.I 200 ■l.J.; .... 122-1 l 300!146 140 145 I.i.220 .'36.700 CS%! *7\l 68% .I 1.200 ! 4('%i 40%I 40-% •{ 4001 91 Isl 9l%j 91% • . T. 44 J 6.001% 47’,I 46% 1 47 -.6.1(8.97 I 9f.%[ 96% ■ i 7.400.108%! 101% 108% •! 1.50.11 6S%| 67% I 67% .| 400! 76% I 74%: 75 ! 300 *217%T317,*'2i: *!.i ■ • '.! 117 •! 1.700 193%,191%'192% •! I00i 19 ! 19 7 19 I 9001 Jft%| IS l 19 .1 I.SUO! 73tf 72** 72% .1.1.1.' so . 200 ! 46%! 46*5: 46% 9.400 29% I 28 | .1 1001119 Ti 15 .1 lOOi 68 I 68 I 1.800 107% 107 2,200' 64 fc3 : 68 • .19 Jt07*4 6.8% 92% G*x»! 9.1%; 93 i 100i23J%i238%i3U2 1 6.300’ 21 %! 21 7 21 *. I J.1001 79V*I 78%1 79% Mo. 1 <)01128"% 1127% 138% ,*1,800 : 64 %! 63 | 6*1% *.00! 78 I 78 I 78 ! LOonl 12%! 12%; 12% . 1.6001 89%' 89% 89% 10ft 171^2 17%' 16% ;.1*% 53% 52%! 62*4 C-.600. 38*\'.37*4 38% 24.6ikV ss%> k7%! K8 i !<•«., *9%; 89%; 89% Total sales for the day. 514.800 shares. Bonds. United States refunding 2'y. registered. United States refunding 2 coupon. . United States 3'h, registered. United States 3’*. coupon . United States new 4's. registered United StafeN new 4’s. coupon . United States oid 4's. registered.. United States old 4 s. coupon . United States 5'*. legist*red. United States 5's coupon . Atchison, general 4 s . Atchison, adjustment 4's Baltimore and Ohio 4's .. Baltimore and Ohio 3%’s . Baltimore arid Ohio t'onv. 4> . Canada Southern seconds . Central «*fi Georgia 5 s . Central of G*<»rgle first ine. Chesapeake and Ohio 41-/*. Chicago and Alton 3%'s . Chicago, B. and «Juinc\ new Chicago. M. and St Paul gen Chicago and Northwestern '-oi Chicago. R. I and Pacific 4 * C.. C.. C. and St. I»ula gen 4‘s. Chicago Terminal 4'» . Colorado and Southern 4’a. Denver and Rio Grande 4's. Erie prior lien 4’s . Erie General 4's . Fort Worth and Denver City firsts. Hocking Valley 4%'s . Ixiuisvllle and Nashville Unified 4's ... Mexican Centra! 4's . Mexican Central fliat inc. Minn, and St 7.ouis 4% | Misouri. Kansas and T^xa* 4^. Missouri. Kansas and Texas seconds.. N. j»k' York Central gen. 3%'s . New Jersey Central genera! 5's. No-them Pacific 4's ... Northern Pacific 3’a .. . Norfolk and Western consol 4’s . Reading General 4's . St. Louia and Iron Mount, con. 5%.... 4's. 4's T 109 109 107 107 134% 135’.* I 10 I :o 102% 102% 102% 92 101% 93% 105 108% 108% 78 106 77% 94% III 132 106% 99% 84, ■ 90% 98% 93% 87% I I I % 108 101% 77 26% 103% , 98% 81% 104 133 103% 72 101% 97 114% MARKS & GAYLE, Cotton Merchants. DAILY COTTON QUOTATIONS FOR nONTGOMERY. Based upon American Standard Classifies lion and aiiual sales. Our market quiet and steady. Strict middling .Q\ Middling .84 Strict low middling.84 Port receipts today, 40.224. against 25.29a last year; Houston tomorrow. 9.000 to 10.000. against 2 292 last yea-; New Otleans tomor row, 13.000 to 14.000. against 4.179 last year; Galveston tomorrow, 8.000 to 9.000. against 6.081 last year. St. Louis and San Francisco 4'§ . 96 St. Ix>ul* Southwestern firsts . . 97 St. Ieb. K. . 81 f4 West Shore 4's .M04 Wheeling and l*kc Erie 4 s . 924 Wisconsin Central 4's . 904 Treasury Statement. WASHINGTON. Feb. 3.—Treasury balances, $211,678,100; gold. $101,043,501. Chicago Grain and Provisions. CHICAGO Feh. S.—Wheat was fairly active today and after a weak opening the close was strong. May being up V May corn was a shade higher and oats up 4. Provisions closed strong, the May products being from 74 to 324** higher. Advices from France overbalanced all other news features in the wheat pit. the closing prices at Paris being from 14 to 2 higher with reports of damage by frost still coming in. There was a good demand the latter half of the day on these bullish French advices while the offerings were only moderate, result ing In u strong close. The decline at Liver pool after a strong opening was a weakening influence at the opening here and Mav was down 484 to 4 at 7748784 The market quickly rallied a little later on the news from France and May sold up to 78%878%. *'ut on heavy selling due to Hradstreet’s report showing an Increase of 2.100.000 bushels In the world's visible supply there was a decline again to 784- A good general demand the lat ter part of the day caused another rally and the close was 4 higher at 784879. -Small primary receipts and fears of damage to the crop, together with a fair cash demand, wers strengthening Influences. Clearances equaled 365.000 bushels. Primary receipts were 593. 000. against 401.000 a year ago Receipts. 81 cars, one contract; Minneapolis and Duluth rej*orted 336 cars, a total for the three point* of 417. against 409 last week and 302 a year ago. Trade In corn was again small and the mar ket exhibited considerable nervousness, the lo cal sentiment being bearish on larger receipts coupled with the Increase In public and pri vate stocks of 541.000 bushels, although later In the day a firmer feeling developed on thg strength In wheat and the close was steady with May a shade higher at 4448444- The price for the day ranged between 4448444 and 44%. Receipts. 537 cars. 9 contract. Oats experienced such a trade ns has char acterised the market for the past week or ten days. No Important orders being filed and the business for the most part being of a scalping order. There was little change In prices and May close.! -toady 4 higher at 3648364 after gelling between 36 and 364- Receipts. 339 ears. Provisions developed fair strength on good local buying and light offerings. The senti ment was helped some by a stronger hog mar ket. There was an especially good cash de mand for lard, which helped prices. The close was strong with May pork up 324 nt $16 724: May lard 74 higher at $9,424. and May ribs 1248 15 higher at $9.15. Tha leading futures ranged an follows! ARTICI.ES. Wheat No. 2. Gpen. High. Iv»w. Close. February .... 744 754 744 754 May . 774 79 7 74 79 July .. 744 744 744 744 February .... 434 434 434 43'i May . 444 444 444 444 July . 424 434 424 434 Oats No. 2. February. . . 334 May . 30 364 36 364 July . 324 324 324 324 M. pork, bbl. Mav .16.474 16 75 16.474 16 724 July .16.30 16.35 16 30 16-30 Lard. lOOlhs. Febtuary . . . 9.424 May . 9.35 9 45 9-324 9 424 July . 9.15 9.274 9 15 9 274 s ribs, lOOlbs. Mav . 9 024 9 15 9 024 9-15 July . 8.924 9 05 8 924 8.95 September ... 8 974 9 024 8 974 9.024 Cash quotations wet© as follows: Flour—Steady. No. 2 Spring wheat. 76877; No. 3. 08^79; No. 2 red. 7448 754 No. 2 corn, 438 434. No. 2 yellow, 438 43%. No. 2 oats. 33%; No. 3 white. 334835. Mess pork. i»er bbl.. $16 75816 85. Lard, per 100 lbs.. $9.42489.474 Short rib sides Goose). $9 058 9 15 Dry salted shoulders (boxed), $3 25^8 50. Short clear sides «boxed i. $9.3748*9.50. Whiskey, basis of high wines, $130. Near York Coffee and Sugar. NEW YORK. Feh 3. -Goffee—Spot, quiet. Sugar—Raw. nominal; refined, dull. The market for coffee futures opened at a partial advance of 5 points and ruled moder ately active under purchases for the account of various spot Interests and the bull clique. There was a little Hn the day s news to af feet values, hut it is expected that the world's visible will show n decrease and interior re ceipts have recently shown some falling off. Importers were the best sellers, checking tho advances. The close was steady with prices unchanged to 5 points higher. Sales were 24. 000 bags, including— March at . May . July . September . October . November . January . 4 35 4.658 4 70 4 808 4.83 4 90 4.95 525 Available Supplies of Grain. NEW YORK. Feh. 3 —Special telegraphic ami cable advices to Hradetreets this week show the following changes as compared with lust account. Wheat—United States and Canada cast of the Rockies, decreased 884.000 bushels, afloat for and in Europe Increased 2.700.000. total supply Increased 1.816.000. Corn—United Slates and Canada, east of the Rockies. Increased 1.175.000. Oats— United States nnd Canada, east of the Rockies, increased 266.000. New Orleans S"-ar. NEW ORLEANS. F.h. 3.-Sugar—Qul»t; open kettle. 2483 3-16; open kettle centrifu gal. 3483 9 16: centrifugal whites. 3484: yellows. 3483; seconds. 24834 Molasses—Steady; open kettle, 14826. cen trifugal. 6WI8- Syrup, 198 24. St. Louis Provisions. ST. LOUIfl.. Feb. 3-Flour—Quiet and steady; red Winter patents. $3 4683 55: extra fanev and straight, $3 158 3-40; clear. $3If 3 15 Whiskey—Steady at $1 30. Dry salted meats—Stronger: boxed extra shorts, $9,124: clear ribs, $9. 124; *hort clear. $9-374 Bacon—Stronger: boxed extra shorts $10; clear ribs. $10 124: short clear, $10 374 New York Dry Goods. NEW YORK. Feb. 3 Dry Goods —There has been a large attendance of buyers today in the dry goods market and a good demand, a considerable part of which had to go un filled Prices are very firm. Print cloths sold at 34 and narrow odds on that basis. R'da of 34 f«*r April delivery were In the market at the close. -Firm Naval Stores. CHARLESTON. Feb 3 -Turpentine at 614 bid; sales, none. Rosin Flim: A. H. C. !>. E. $1.75: F. $1 80; O. $1.90; H. $2 25: L $2.60; K. $3 10; M. $3 30. N. $3 50; window glass. $3 75; water w hite, $4.15. WILMINGTON. Feh. 3. —Turpentine—Firm at 63. receipts. 6 casks. Rosin Fltm at $1.808 1 85: receipts, 178. Crude turpentine—Firm at $2 3583 75; re ceipts. 25 Tar Firm nt $1 60: receipts, 130. 3 Turpentine Firm at sales, 132: exports, 5 SA VANN AH. Feb 634: receipts. 287 801 R- sin Firm: receipts. 4.260; sales. 1.012: exp-.rts, 12 397. A B. C. I >, E. $180: F. $185. G. $195 IT. $2 35. I. $2 80 K. S3 15: M. $3 35; N. $3 55; window glass. S3.8C. water white. $4 20. LOCAL WHOLESALE PRICE LIST. Provision*. CORRECTED FER 3. Bacon— 10%< Dry salted sides—10<’. Lard Tleurces. leat I Ic; compound. 84c. Meal 63c per bushel. Oats—White, 52«-; mixed. 50c. Corn—White. 67c; mixed. 65c per bushel. Salt—id V«* pool, 95c sack; Virginia. 47c» A-tcbtgan. 230-oound ban els. $160. Butts.—Jersey, 26^30c. Tennessee scuutry 26c. Syrup-Fancy. 40c: rebelled. 30c. Flour—Patent. $42534.35: straight, $380© 3 90 per bbl. Sugar—Granulated. 5%; Yt C.. 4\c; cut loaf, 6% cents. MARKETS FOR FUTURES AS EASY TONE DISPLAYED THBOUGH MOST OF SESSION. Sales for the Day Eatimated at 100, 000 Balea—Close Steady with Vet Losses of 2 to 4 Points on the Day. NfcW YORK.* Feb. 3.—The rot ton market opened steady rt a decline of A'n 5 points and continued very quiet, but displayed a rather easier tone during most of the session. Just th* close there was a little covering which rallied the market slightly and the close was steady at a net loss of 204 points, bales were estimated at about 100.000 biles. The Initial prices were the result of selling for both accounts based on the disappointing Liverpool cables, which were due to come about unchanged to I point higher on our closing of yesterday, reported a partial de cline ot I and continued to decline, closing 2‘lift'3 points lower. This. In connection with the larger movement to the ports which the early estimate placed at 41.000 1 »ales as cm pared with 25.295 bales last year, naturally restricted fresh purchases for an advance W'hlle on the other hand the strong advices from the various dry goods markets anti the general strength of the statistical position ren ders the aborts cautious. New York Cottcn Futures. NEW YORK. Feb. 3.-The ruling prices in tha Cotton Exchange today were as follows: Open. High. Low. Close. March .8 72 8 76 8 71 8 7« April .8 75 8 75 May .8 79 8 83 8 79 8 ttl July .8 77 8 81 5.77 8 80 August .8 60 8 62 8 59 8.61 Local Cotton Market. Quotations for apot cotton In the local cotton market yesterday were as follow*: Strict middling .8% Middling .S'z Strict low middling.8H &. X. Seals & Co’s Cotton Letter. fBy Private Leased Wire ] NEW YORK. Feb. 3.—Traders pursue the policy of buying on every little break fir n reaction. This policy has proved profitable all the season. Hut If the movement keep* up, we are afraid buyers will not find a ready market at an advance some day when they least expect It. No break of importance should take place this week as every one exacts the large movement. Rut when the figures really show up and holders are inclined to take profits the market may not show re sistance. That la. all one should expect is a halt In the advance this week and a little setback. May could easily get bark to 8 70. which would mean but reaction. Then would come the test. A great many have bought, the cotton being sold above 8\ on the theory that receipts will not compare favorably later In the month. Should the movement continue large and these holders attempt to realize the situation would look vary different. We cannot sec anything in the market to ask you to huy cotton on. From anything we can see the price is likely to be lower In the week and as long as advances are against the market we are not willing to ad vise buying against the tendency of develop ments. One week at a time. Next week the outlook may appear most favorable for buyera. It ia not favorable this week and that’s a fact. On a good b-eak In the morning, huy for a few points. The tendency ia towards a lower level at the moment. a. A B. Beer’s Cotton Letter. [Special to The Advertiser.] NEW ORLEANS, Feb. 3 Liverpool advices were disappointing: therefore our market in sympathy opened 204 points lower and de clined 102 points additional later on the large port and interior receipts, coupled to the quieter feeling prevalent In spots. Near the close fresh buying and the absence of sellers occasioned an advance of 3 points from the bottom, making the net loss 2 points on the day. The port receipt* for the four days ag gregate 106.000. against 62 000 last year. The Indications are for a continuance of free receipts for the balance of the week. Senti ment is very favorable to the article, notwith standing the increased movement, but outsid ers still persistently refuse to come in around 9 cents. Spinners being supplied with large reserve stocks are not eager buyers for the moment and will probably restrict their tak ings from now out. The market Is in a rut awaiting new' developments before taking any decided turn. Should receipts continue to in crease values will seek a lower level, or en hance if there is any indication of a relative decrease compared with last year. A B. Baxter A Co.’s Cotton Letter. [By Private Wire.] NEW YORK, Feb. 3 -The cotton market was dull this morning and decided weakness was shown. The simple fact was that receipts were running t*»o free. They were not remark ably heavy except by. comparison with last year and whilo It was known long since that we would hav- to encounter this benrisH com parison still the fact was Inst sight of and is now o|w»ratlng as if something r.e\v. Bears are deceiving themselves *>n this account, losing sight of the fact that there will be a turn next week when last year's figures will show over 500 000 increase ju«t as they show over 100.000 decrease this week. The discovery of lots of unpicked cotton at many points nerves if ammunition for the hears. We arc not told the amount of this unpicked cotton, but buy ers are scare ! off by it and It Is safe to as sume. as stated before, that it will be disre garded as a factor of an> Importance, unless It materialized very shortly. Early cables to day were poor. Tort receipts were estimated at 41.000. against 25.000 last year. The semi-weekly Interior movement was full. Af ter losing 5'a 6 points, the market rallied, but was dull and featurelca*. ('aides were 203 points lower with the tone quiet and steady. Manchester was quiet. New Orleans Spot Cotton. NEW ORLEANS. Feb 3.—Cotton quiet but steady. Factors were offering freely ami a very Rood assortment tilled the taMes, hut buyer* did not take hold freely upon the basis of asking prices. Saies, 3.450 hales, includ ing 550 to arrive. Th<* market for contracts was generally quiet, though there was some trading in March, May •nd July positions Prices opened down 2*b4 points from yesterday's closing, fluctuated over a range of |#f2 points either way. the lw>ard at the close showing net gn‘.n3 of I ©2 points. New Orleans Cotton Futures. NEW onr.EANS. Frb. 3.-Cotton futuri'n steady. February delivery (hid).8 66 March delivery .875<&3.76 April delivery .880H8 82 May delivery .8-87'd8 88 June deliv. ry .8 91 8.93 July delivery .8 97'a8 99 August delivery .8 64 6.708: aaler. 54: stock. 163.021 exports to Great Britain, 616: to the continent. 356 Total today—Not receipts. 40.424: exports to Great Britain. 29.289: to the continent. 356: stock. 1.016.861 Consolidated Net receipts. 106.765: exports to Great Britain. 4!.325; to France. 8.737. to the continent. 39.782 Total since Sept | Net receipt*. 5.564 798. exports to Great Britain. 1.661.117: to Franco 539.414: to the continent. 1.962 262. Cincinnati Provisions. CINCINNATI. Feb 3 -F]nur-~Quk't. Lard Quiet nt $Q. 12Hi. Bulk meats Steadv at $9.12'*. Bacon—Quiet at $10 50. Whiskey Steady at $130 Sugar—Steady. Kansas City Live Stock. KANSAS CITY. T-Vb 3 —Cattle— npc.ir.ts, 11.400 nativ. * and 55 quarantine; calves. 50'J Texans and 400 native market steady to 10c Choice expott ar. I dressed beef steers . . ..$4.60*15 25 Fair to good . 3 76'u4 55 Stockers and feeder* . 3 25»i4 35 Western fed steer* . 2 75v 5 05 Texas and Indian steers . . 2 75 u 4 00 Tej.it* cows . 2-25't/2 90 Native row* I 50-i 4 00 Native heifers . 2 50^3 90 Canners . 1.006 2 10 Bulls . 2 45*63.40 Calves .3.00'S 6.80 Hogs—Receipts, 12,000. weak. Johnstone & Hammond Cotton Brokers , mC WarohoHsomon. CHEAPEST INSURANCE. LOWEST STORAGE. Write us before selling your cot ton, we can help you. We quote: Strict Middling. .. .' .... 8 5-8 Middling.8 1-2 Strict Low Middling. . .. 8 3-8 Heavy .»680««»2>, I.lahi . 6.40r<( S 67', PIBX . 6.10«<.40 ftheep— Receipts. 3,000; easy. Native lambs .$4 0006 25 Western lambs . 3 8506*10 Fe<1 ewe* . 3.0005*10 Native wethers . 3.5004 85 Western wethers . 3*0004.80 Stockers and feeders . 2*50*/350 MARINE NEWS. MOBILE—Arrived, stenmers Mount Vernon ►(Nor.), palsei). Hocas del Toro: Fort Gaines (Nor ). Julliim, Hin as del Toro; Alliance (Nor.), Nielsen. Blue'fleldr. Cleared, steamer Black heath (Hr ), 4fvans, Havana; ship Superior (Nor.) Helium. Buenos Ayres. NEW ORLEANS—Cleared, steamers Excel sior. Halsey, New York; Torrhead rleans . Palestine . ;i ■ ar.nali . •indicate* trues. TEMPER. AT U UHL 46 56 56 52 64 60 58 74 46 55 58 58 60 60 64 56 56 62 I I 74 | 62 | 74 ; 68 , I 74 ! ' 80 I 60 l 62 1 70 | . 62 I ' 63 i , 72 1 78 I . 68 I g» 5 3 zi 6" P II .06 .28 .01 .00 .22 .64 00 .08 .06 .80 1.40 .12 ./4 .01 .32 _ . FRANK F. CHAFFEE. Section Directo.. Weather Uu'sau. Brewer’s Work. Birmingham Ledger. Several non who arc interested in the hts tory of the State are trying to prevail on .• w«n w• 1 is Hr*‘w'*r to issue another edition of Ms h.story of Alabama, and to add a volume that will bring it down to date It was understood nt the time of its publi cation that Colonel Brewer lost money on the book, though it was th«» most popular book ev*'f published in the State, and is still the handbook ..f newspapers and student. That fart should not deter Colonel Brewer front publishing a second edition and a second vol ume. Colonel Brewer is temporarily out of public life, and has the means and the hdlsure t-> do this great service for th<> State, even though It should not be n money-mnking vcii ture He has given much of his life to the public service and has enjoyed the honor of official life in man\ high pos'tlons end has known the history of the State since the re construction days both as a student and par ticipant. He has served since then as leglala tor. Senator. State Auditor and as a Congrev* t lan and know s personally nearly every mao of prominence in the State. Being a scholar atul student and a man of v»im leading, his writings are arcu ate and elegant, and few men ln the South are so w. ll titled for the delicate work of biograph 1 al history of the Slate us this distinguished writer and statesman The Ledger heartiiv joins in the demand that Colonel Brewer add the next volume needed to bring his work down to date. Windsor (England) Town Council re solved at a recent meeting to convert Bachelor's Acre, a famous piece of land In the center of the towp. into a flower garden, and to Include, in the scheme an old burial ground adjoining In former days revels and cock fighting took place In the A,cre. which belonged to the bach elors of the town. V MICHAEL OODT, SA8. 0. WZLLOOX, Ucj ROBWOOD, T.-riWt UnionTrust& Savings Co. Capital Stack $100,000.00. 6ENERAL BANKING Solicit current accounts and every cour tesy extended consistent with sound banking Buy and sell exchange. - 7 TRUST DEPARTMENT, Act as administrator, executor, guardian. • and accept legal trusts of every kind. SAYIN6S ACCOUNTS. Accept deposits of $1.00 or more, and allow interest at 4 per cent per annum. Also issue interest-bearing certificates of deposit — MONEY LOANED, On real estate or approved collaterals. Ad vances made on cotton. No commissions. WILLIAM BERNEY, President. W. D. BBOWN, Vice President. H. HUBBARD, C&Ht. THE FOURTH NATIONAL BANK, ' nONTOOMERY. ALABAMA. CAPITAL $100,000. SURPLUS AID UNDIVIDED PROFITS, $20,000 We are prepared to serve you in a atisfaetory manner in every depart* men of banking. ISSUE INTEREST REARINS CERTIFICATES OF DEPOSIT. THE FARLEY NATIANAL BANK) MONTGOMERY, ALA. UNITED STATES DEPOSITORY. Statsmsnt at Closa of Businas* Jan. 15th, 1903. RESOURCES. Loans and Discounts.. .....4 478,3X4.33 U. B. Bonds and other investments... 171,085.79 Expenses and taxes paid... 3,385. J< Cash in vault .*371,280.53 Demand Exchange. 855,734.39 Due from U. S. Treasurer. 5,000.00—*1,132,014.81 liabilities. —1 |i,ts3,§oo.av Capital Stock......* 100,000.00 Surplus and undivided profits.. ......... 80,388.02 Circulating currency.. ... 100,000.00 Dividends unpaid .... 96.00 DEPOSITS:— Individual.*1,386,251.33 Due to banks.. • • • 70,495.36 United States. 48,570.16— 1,503.318.85 ..*l,7B t.80O.81 A. a. PARRISH, President. H. L SHELLEY, Cashiea. W 8- MOHR, Assistant Cashier ST ATEMENT OP THE CONDITION OP The City National Bank of Selma At Selma, Ala., At the Cl?se ot Bui iuesa Nov. 25th, 1802. -RESOURCES Loan* and-Discount*.S 514,217.15 U. 8. Bunds (to secure circula tion) . 400,000 00 Other Stocks and Bonds. 286.917-50 Banking House and Fixtures.... I 1.500 00 Premiums .. .. 14,913.47 CASH— Due from Banks..$677.71 1.35 U. S. Bonds. 200.000.00 Cash In Vault. 234,995.85 U. S. Treas. 5 per cent, fund. 17.75000- 1.129.557 20 Total .S2.357.105.32 Capital stock .S 400.000.00 Surplus and Profits......248.188.9a Circulation .. 898.250.00 Dua Depositors . 1.512.068 34 --82.357.106 32 Montgomery Abstract Go. NO. 6 SOUTH PERRY STREET. MONEY TO LOAN ON M0RT8ARE AT LOWEST RATE OF INTEREST AND CHARBES. LOANS PLACED FOR INVESTORS. MORTBABES ON APPROVER SECURITY FOR SALE. ROBERT OOiUTBWAlX'B M. P. LEO BAND, B. B. MAHira, President. VJ^e-Preaident. Cashier, The Merchants & Planters’ National Bank MOHTBOMERY, ALA. Beport of Condition November 25th, 1003. RESOURCES. Loans and Discounts....S 698.63644 U. S. Bonds. Stocks, etc.. 110.040-02 Demand Loans on Cotton .$360.000 00 Alabama State Bonds. 80.000 00 Cash In Vault and due from other Banks . 645.215-91— 1.085.215.91 LIABILITIES. Capita] Stock .• 250,000 00 Surplus . 146,828.50 Ctrc-ilrtlon . 60,000.00 Deposit. ... |.447.963.84 Total -SI.893.892 37 SVJ U .1 Total .*1,893.892.37 A. B. Baxter & Co., Inc., Successors to flurphy & Co., Cotton, Stocks and Grain, Private Wires to Now York, Chicago and New Orleans. OFFICES:—New York, New Orleans, La., Atlanta, Ga., Birmingham, Ala., Savannah, Ga., Charleston, S. C., Augusta, Ga.. Macon, Ga., Montgom ery, Ala. New York Office, Montgomery, Ala., Office, 6i Broadway. 119 Bibb Street. We Use Our Own Private Wires. Write for our Market Manual and Book Containing Instructions for Traders. _ CHARLES J. CAMPBELL, Manager. R. M. SEALS. NORWOOD SMITH. R. M. SEALE & CO. 42 Commeret St., Kimball House, MONTGOMERY. ATLANTA. Controlling the Old Reliable Ware A Island Wire. Diroot and Private Wires to New York, Chioage and New Orleans. correspondents: 6IBERT & CLAY, New Orleans. C. W. LEE & CO., New York. WARE & LELAND, New York and Chicago. All transaction* entrusted to our care will have immediate attention. All orders placed through the legitimate channels of the vsrious Ex changes- The best of references furnished'' and patronage kindly solicited.