r 1900 FEBRUARY 1900 Sd. Ho. TWe-mMM 1112 13 14 15 16 17 JE 19 20 21 22 23 24 25 26 27 28 MOON'S PHASES. e 11:23 ,FuU Q n.m. I Vi-lloon r Third no H-- -V First S Quarter 14 BY WTLLt AM H. BERNARD. WIJiitlNGTOX. N. C. Saturday Morxiitg, Fbb. 24. HOT A MARINE BUILD EE. BUT A TBUST BREEDER. The Frje-'Payne or Hanna-Payne Subsidy bill is eliciting considerable discussion now, and its weak and ' ohiectionable rjoints are being 60 t much exposed that the subsidy boomerB have become alarmed and doubtful of their ability to put the ioh tbTOTurh Congress. As one of J o - the methods resorted to to bolster it up they are endeavoring to get the t of the Chambers of Commerce in the seaboard cities, thinking that this will have some influence on wavering members of Congress, or on others who are in clined to vote for it but are not quite sure that Buch a TOte might not get them into trouble with their constituents. It waa no before the Board of Trade and Transportation in New York a few days ago and led to a right lively discussion. Among those who ODDOsed the bill in its A. . present shape, although in. faver of subsidies, was 'Mr. Henry W. Pea- body, who gave his reasons for op' posing it thus: "I am opposed to the Frye-Payne bill because it will not recreate our merchant marine, as was recommended bv .'tne Administration. It does not extend to our citizens, for a short term of years, the privilege of bringing un der American registry foreign built vessels and contracting for like ton " nacre to be built in the 'United States It limits the privilege to a small group or corporations woo ownea roreign built vessels under foreign flags on January 1, 1899. If at that time and at date of registry for subsidy under this bill the vessels are owned by citi zens or by corporations whose shares are to the extent of 80 percent, ownea by American citizens it dues not re quire that such percentage of Ameri can ownership and capital, shall be continuous while the vessel is earning subsidy. The contract, is with the owners and.not with each vessel and owners, and they are, by section 3, allowed to substitute other vessels for the first vessel lost or not lost, and so to avail of the full twenty years of subsidy whica the later amendment or repeal of the Jaw would not affect. "The New York and Paris are American vessels not less than the St. Louis, and St. Paul, and will receive the same subsidy, but the bill allots to other foreign built vessels admitted only 50 per cent of the subsidy for vessels capable of a speed of 21 knots. 2 3 10 cents per gross ton for each 10 J nautical miles, besides the uniform subsidy for all veswls of 1 cents per ton f r lee first 1,500 miles sailed ecS voyage and 1 ceut per ton for each ad ditioual 100 miles sailed. Thus td New York would receive three times as much subsidy as a freight steamer for the world's commerce sailing 10 knots; for the sailing' time the fast vessel would receive six times as much as the cirgo boat. 'BecAUS-s of the de .ay of our mer chant marine and the weaning of our merchants from the owning of ships, because we could not since 1865 bu iron or steel vessels abroad and our builders were uaab'e to build in com petition with the English, I beli- ve that subsidy will be an efficient stim ulus to turn Am rican enterprise and capital to the recreation of our mer chant marine, and we want that op portunity. The limit of nine millions of dollars in any one year is ample for all the vessels which the Frye-Payne biil caters for. but do we not want Be v eral million tons of vessels to exceed our greatest tonnage of 1861 1 To resume the second rank to Great Britain on the ocean, the aine million dollar ltmit may not suffice, and we should give every encouragement to the ships of the period, the tramp cargo steamships of nine or ten knots. Let me outline the decay of our merchant marine, apart from the protected and prosperous coastwise trade, by en rolled vessels. In 1825 we had a sea-l going registered vessels 701,000 tonsj and they carried 92 per cent, of our exports and imports $196,000,000 in - value,or $i81. 000,000 Last year we ha a little over 800,000 tons registered vessels, bat of these about half are under 1.000 tons register or over 20 years of age; and not first class. They carried 8 per cent of our exports and imports, $3,807,000 OOO.or $161,000,000, which is $20,000,000 less than our ves sels ctrried seventy five years ago. Suoh figures demand of us statesman ship in our conclusions; it is not a moderate replenishment that we need, but a recreation, an opportunity for the American people to cultivate patriotism and to apply their enter prise and capital to the new field, the field follow for 40 years. j The point has been made by others 'that this bjJJ is not a bill to encour age the building of a merchant ma rine, but simply a bill to divide the money apportioned, or the larger part of the $180,000,000 that it is intended to divide in this way, among a few big ship companies which will build big, fast ships that will earn five or six times as much bounty in proportion to tonnage as the Bmailer, and slower class of ships, the kind most needed. These big, costly ships could only be profitably run from the ports of great shipping cities if they carried freight in pro portion to their carrying capacity. But they would not do that. The passenger business is' what they would seek, but we suppose they would contrive to crowd in a good many of their passengers as freight forj subsidy purposes. It isn't pas senger steamers this coaatry needs, but freight carrying vessels, vessels x snab. Unnage as ; might find cargoes in most of .our porta at any time, vessels that could be built, owned and operated by men of mod erate capital; so that a large number of people might be interested in bur merchant marine and its ownership be distributed, thus preventing its monopolization by one or two snip ping companies or by one or two com bines. That is the kind of ships that would be useful, and that is the kind that .could and would compete with the foreign tramp vessels that are now doing most of our ocean carry ing for us. But that isn't the kind of a marine that this subsidy scheme is intended to promote. It is rather a bill to promote shipping trusts and to de vide the bounties and subsidies be tween the syndicates which control the ships. There are a good many people in this country who believe this and agree with Mr. G. "Weaver Loper, of Philadelphia, who writes thus to the Philadelphia Times: a "Bounties, pensions, subsidies and the plscing of American seamen into a classification with that of paupers will not rehabilitate the American mercan tile marine. The competition existing in the business of ocean freight carries the condition beyond the territorial jurisdiction of the country, and there fore beyond tne line or a ptowch tariff. We should, therefore, be per iuitted to purchase our ships in the cheapest market. The pendency in the United States Senate of a bill to subsidise American shipping emphasises the timeliness of this discussion. The present time does not include consideration of either the oolicy or the efficacy of subsidy as a remedy for the malady whose exist .... -r . . a ence is now past aemai. us maue quacy is fairly indicated by the argu ments of its advocates. Tne truth is that they do not put it forward as suck remedy except in terms and with an expression which reminds one oi tne attitude of Mr. Samuel Weller. when testifying in the trial of Mr. Pickwick. The real animus of the bill is to get for the shipbuilder a share of what is go ing around. The difficulties which be set the proposed benenciaries are mainly due to the present attitude of the public towards the whole protec tive system caused by the growing ap orebensions of the effect ot tne tarirx as a trust breeder. Ot course, the shipbuilders have not formed a trust, and they are not iikelv to do so while the bill is pend ing, but it is in the air, and very much in the newspapers, tbat such a trust is under consideration, and it would be wrell for Senators and Congressmen to consider bow far the passage of this bill no ay tend to encourage the forma tion of such a trust. It is only neces sary to say. by way of warning, that it flight be an ugly fact to lay upon the threshold of a .Presidential campaign, if the bill is passed and there is a trust rormeo, mat a nspuoucau vyuaKrtwa i i .l - . - t li: ft hatched the egg in which there is the potentiality at least of a trust before hich many now roundly denounced might hide their diminished heads." The gentlemen in Washington who have charge of this grab game are moaiiyms: tne bill somewhat to placate opposition but it is very doubtful if they will get it into shape to commend votes enough to put it through Congress. It would stand a better chance if it were really a bill to promote the establish ment of a merchant marine instead of a bill to put the shipping of the country in the control of a few com bines as the currency of the country has been pat in the control of the many combines. If there wasn't a steal wrapped up in it, and if its promoters were really trying to give us a merchant marine they could re peal the obstructing laws and, as Mr. Loper says, let Americans "buy their ships in the cheapest market," nd sail them under their own flag. There is nothing to prevent them from buying ships into the cheap est market now, but if they do they must sail them under a foreign flig. Tney may be bought with American money, owned and operated by Americans, but they mnst sail un der a foreign fUg because our anti quated navigation laws deny them American registry. A S0PE OF SAHD. In the discussion of the Porto Rico bill in the House of Representa tives, Thursday, Mr. Moody, a Re publican, declared that in dealing with our new acquisitions, the ma jority "propose to abide more by the spirit of the "constitution than by the letter." This is characteristic of the Republican method of dealing with the : constitution. When it is in their way, or they can't find in it any authority for what they propose to do, they either cavalierly ignore it or declare that they "propose to abide by its spirit rather than its letter." But what are constitutions or laws for if they ore not to govern by their letter? or if every one is left to in terpret for himself what they mean? The Republicans in the Hense can't find any authority in the fundamen tal law for treating -Dart of onr -r a - territory as American territory and part of ; it as foreign territory, as they propose to do in the case of our recent acquisitions, therefore they propose to make a law to fit the case and do this' under pretence of being governed rather by "the spirit than by the letter of the constitution." It ii a practical ad mission of the contention that they have no law for what they propose to do and a bold declaration that they propose to do it without any law to justify it. But this is not remarkable, for the Republican party began its career as a national power by boxing the constitution and doing what it wanted to do entirely, regardless of that instrument. We remarked a day or two ago that the history of the Republican party is a series of breaches of faith, and it is also a series of breaches of, or ignoring of the constitution. There are . scores of its leading'enactments that would not stand the constitutional test, be ginning with its. fight against the PAINE'S CELERY COMPOUND , . . . L. ii. MartlH, UnUllCOtlie, 'i have used Paine's Celery Compound for indigestion and nervous debility, and have found it a certain lentedy. It rehabilitates the systein worn by the strain of tedious litigation and office work, and any overworked person will find it a sure cure." ' . ! extension of slavery into the terri tories and coming down to its pi es ent establishment of an American despotism in our new acquisitions. There was no constitutional au thority for war against the South, none for . the confiscation of the property of the Southern people, none for the emancipation of the slaves, none for the enfranchisement of the slaves, none for the recon struction acts, none for printing greenbacks and declaring them legal tender, none for establishing na tional banks, none for taxing the issues of State banks, none for de monetizing silver none for de claring gold the Bingle money stand ard, none for pledging the country to pay its obligations in gold, none for the excessive protection in their tariffs, none for subsidy swindles, and none for the monstrous and disgraceful land-grabbing to which the party is now devoting itself un der the lead of McKinley & Co. These are but a few of the illus trations that might be cited of their contempt for the constitution. With them it is simply a rope of sand. They respect neither its Bpirit nor its letter. CHILD LABOR Iff OCR KILLS. The last report of our State Labor Commissioner shows that while there has been an increase of more than 50 per cent in the nnmber o adults employed in our cotton mills within the past three years there has been a decrease of 50 per cent in the number of children employed. This is gratifying and it has been the result more of the voluntary action of the mill operators than of any agitation or legal requirtments. As a rule the employment of children is not looked upon with favor - by. our leading mill operators and in many cases children were em ployed not because they were want ed but because the parents of the children desired it and made that a condition of working in the mills themselves, so that the mill owners were compelled to take the children to secure the services of their par ents. Instances have been cited where the weekly earnings of fam ilies amounted to twenty-five or thirty dollars, a yery nice income considering the average earnings of mill hands. Bnt the tendency is and has been for some , time to eliminate child labor as much as possible for busi ness if not for -other reasons, for onr mill operators do not consider that kind-of labor profitable and prefer the labor of adults when it can be obtained. At the present rate of progress- the time is not far distant when: but few children will be employed in our mills, but will be putting their time to better account at school. o Bean the Kgsasns f TO The Kind Yon Haw Always BoojM OVERWORK, WORRY AND CARE HAYE FIRST EFFECT OPOH THE HERYES 'Makes Nerie Fibre, Nerve Force : , - H10., Write SI SENSIBLE ADVICE. The negroes of this country are getting much advice these days, and some of the best of it comes from men of their own race men who have no political irons in the fire. The Tuskeegee Negro (they do not call themselves Afro-Americans) Conference met. in its ninth annual session at Tuskeegee Institute Wed nesday i last. Tbe welcoming ad dress was delivered by Prof. -Booker T. Washington, who took occasion to warn the negroes of the South against ex-slave pension agents, em igration agents and other frauds that bob up so frequently to swin dle confiding -victims out of their money. The negroes of the South have lost thousauds of dollars by tbeso cheeky swindlers, who con tinue to swing 'round and to bleed their credulous dupes in spite of all the warnings they have had. During the first day's session an address was issued, from which the following is an extract: "We desire to reaffirm what we have advised m previous years, tbat while not overlooking our rights as citizens, it should still be our main con corn to use our energy in continuing to secure homes, better schools, a higher degree of skill and Christian character, and the practice of industry and economy. "We believe the race is making slow but sure progress, and we are -glad to note that the growing interest of the beat Southern white people in our ele vation is shown b the various confer ences held by them for the discussion of the race problem. We would call attention to the fact that our people charged with crime and in Southern prisons have, as a rule, little or no ed u cation, and are largely without in dustrial and moral training. We urge all to become taxpayers and to prompt ly pay their taxes; to keep out of the courts, to cease loafing on the streets, and in public places at d to prepare to do well the work which tbe best inter ests of tbe community demand." This is the advice of cool-headed negroes, whose faces are tnrned to the future, to the negroes of the South, and it is something that every one of them should commit to memory for it contains the solution of the race problem, which is largely and mainly for them to solve. "It will never be solved by dabbling in politics, by wasting time in at tending political pow-wows and in guzzling the poisonous red liquor with which they are supplied by men who have use to make of them in election times, and for this reason qualified suffrage, such as is pro posed in this State, will be one of the greatest helps to them in the so lution of this problem and in the work of their own betterment, as in dividuals and as a race. A club of Boex sympathizers in Mr. McKinley's town sent him a memorial the other day, askiDg him to use his influence to put an end to "that unholy and unjust war." It was unkind in these, fellow towns men to refer to "unholy and unjust" wars while Mr.- McKinley has the Philippine business in hand. - SPIRITS- TURPENTINE. Rocky Mount Motor: Some years ago a gentleman in Nash county took thirty acres of old field land for a debt and would gladly have sold it then at $3 00 per acre. Recently he sold the timber alone on it for $900, or $30 an acre. j Tarboro Southerner: A negro has been arrested on suspicion of being one of the persons in tbe Laughing house robbery near Greenville. He has been working in one of the tobacco factories there and was absent from town on that day. He is held for fur ther evidence in Greenville jiL Greensboro Telegram: The only mill of its kind in tbe South for the manufacture of cotton flannel now being built near North Buffalo Creek, and known as the Revolu ion Mills, is nearitig completion. Mr.' Sternberger, one of tbe owners, who is superintend ing the erection and equipment of the mill, was seen by a Telegram man to day, and' says worki- progressir g very sati-factorilv aud he hopes soon' to have the wheels ready to turn. Washington Progress: On Jones' Bay in Pamlico county recently the tidrt rose high in a small stream and the fish came np in large num bera, and when tbe tide went out man v of them were lft in the couse ways and low places and the people of that section hauled them to their farsos by the ton for manure. We have in our office a wonder freak of nature in the shape of a hen egg, with the emtials of W. J. B. in the shell. The letters are slightly raised and just I a shade darker than the other portion of the shell. It was found in the nest by Mrs. J. 8 Eborn, of Yateaville. Rowan Democrat: Mr. O. P. White, a ; well known citizen of Little Cohsrie, died last Satur day. We have heard none of the par ticulars of his death and do not know the immediate cause. . He had a se vere attack of paralysis a few. years ago from which he has been growing weakrr ever since. At the surren der, Mr. Wright Weeks of Halls Township (then Piney Grove) brought home a mule he had picked up on tbe yankee camp ground (1865). The mule was about grown at that time, and must have been three or four years old, possibly older. His mul -ship is living to day, and when last heard from was "well and doing." His name is Mike, and from the best accounts, must be in the neighbor hoc d of forty years old. Mike is somewhat superannuated now, and bis grain is ground fr him. It is said to be sincerely re gretted in London that the Boers did not capture Cecil Rhodes when they had him penned up in Kimber--ley. Well informed Britons are fast coming; to the conclusion ; that Rhodes, irresponsible for the gov ernment's troubles in South Africa. "That beast Rhodes," is an epithet that is frequentiy heard in London, according to a cable. "When : Cecil Rhodes dies," said Mark Twain: some time ago, "I want a pieee of the rope." The Londoners, it seems, do not even . care to get a piece of the rope. Savanah Newt, Dem. Glorious news Comes from Dr. D. B. Cargile, of Washita, . L T. . He writes : ,"Four bottles of Electric Bitters has cured Mrs. Brewer of scrofula, which had caused her great suffering for years. Terrible sores would break out on her bead and face, and the best doctors could give no Jbelp; but her cure is complete and her health is excellent." This shows what thousands have proved, that Electric Bitters is the best blood purifier known. It's the supreme remedy for eczema, tetter, salt rheu m, ulcers, boils and running sores. It stimulates liver, kidney and bowels, expels po sons, helps digestion, builds up the strength. Only 50 cent. Sold by R B. Bkllajit, Druggist. Guar anteed, t CURRENT COMMENT. -1 The nronosed transformatioruof the copartnership j of"" Armour and Company into -s -corporation - with $20,000,000 capital may be regarded as to a step in . the I direction :oi eventual consolidations of the vast interest - which now . supplies: this country, and a fair ; proportion j of the rest of mankind, with meat ana meat products. There are possibil ities j of industrial expansion and. monopoly in this hranoh of -domestic production that far outrun even the realized and prospective gains of tne mightiest oi . existing comoina tions f or.the absorption of a single iubostry. Philadelphia Record, . Senator Scott of. West Vir ginia may have been jesting . when he said in an after-dinner speech that he favored expansion because every island of the Philippines would have to hay a governor ana other officials from the United States, and he hoped there would be places enough for every citizen? of West Virginia' who wanted one. But the Senators attitude toward the public service indicates that he was not wholly in jest, - and, if he were, it was the sort of jtstiDg that - makes "the ludicious grieve.' it comes a little too close to the one great dis creditable feature of our political life, which would be infinitely worse applied abroad than at home. New York Journal of Commerce and Commercial Bulletin, Dem. BY RIVER AND RAIL Receipts of Naval Stores tad Cottoa Yesterday. W, & W. Railroad 135 bales cotton, 8 barrels rosin, 39 barrels tar. W. C. & A. Railroad 516 bales cotton, 6 casks spirits turpentine, 53 barrels rosin, 239 barrels tar, 5 barrels crude turpentine A. & Y . Railroad 135 bales cotton, 1 cask spirits turpentine, 463 barrels rosin, 47 barrels tar. - W. & N. Railroad 115 bales cotton, 76 barrels rosin. C. C. R'ilroad 107 bales cotton, 50 barrels tar. Steamer Seabright 4 bales cotton, lcaak spirits turpentine, ,40 barrels rosin, 10 barrels tar. Steamer W. T. Daggett 4 casks spirits turpentine, 42 barrels rosin, 54 barrels tar, 2 barrels crude turpentine. Steamer Driver 3 casks spirits turpentine, 127 barrels rosin, 204 bar relstar. Steamer E. A. Hawes 2 casks spirits turpentine, 250 barrels rosin, 44 bar rels tar. Steamer A. J. Johnson 100 barrels rosin, 112 barrels tar. C. Larsin'a flat 99 barrels tar. Total Cotton, 1,012 bales; spirits turpentine, 17 casks; rosin. 1,163 tar rels; tar, 901 barrels; crude turpen tine, 7 barrels. . MARINE. ARRIVED. Stmr E A Hawes, Creel, Clear Run, James Madden. Stmr A J Johnson, Watson, Clear Run. J L Watson. Stmr A P Hurt, Robeson, Fayette -ville, James Madden. CLEARED. Stmr A J Johnson, Watson, Clear Run, J L Watson. Stmr E A Hawes, Creel, Clear Run, James Madden., MARINE DIRECTORY. List of Vessels In the !Po" of WU KlntftOBt ri. f!. Feb. 94 1SOO. SCHOONERS. Ohas H Wolston, 287 tons, Hinckley, George Harriss, Son & Co. Melissa Trssk, 225 tons, French, Geo Ham&s, Son & (Jo Oliver Scofield, 337 tons, Bragg, George Harriss, Son & Co. BARGES. Maria Dolores, 610 tons, Bonneau, Virginia- Carolina Chemical Co. leaves the lungs weak and opens the door for the germs of Consumption. Don't wait until they get in, and you begin to cough. Close the door at once by healing the inflammation. makes the lungs germ proof; it heals the inflam mation and closes the doors. It builds up and strengthens the entire system with wonderful rapidity. 50c and Ci.oo, all druggists, SCOTT & BOWNE. Chemists. New York. They stood on the bare clay bank. -The Georgia moon enveloped them in a mysterious, melancholy veil. "Emma," and his dark eyes swept the sullen waters. '"I love the very ground you stand on." "So do I. Luther," whispered the sun-bonnet hidden girl. "Let us eat some now." N. B They were humble clay eater?. Chicago News. A litre And Xteatn Flcbt. Mr. W. A. Hines of Manchester, la., writing of his almost miraculous es cape from death, says: "Exposure af ter measles, induced serious lung trouble, which ended in Consumption. I had frequent hemorrhages and coughed night and. day. All my doc tors said I must soon die. Then I be gan to use Dr. Sing's New Discovery for - Uonsumption, which completely cured me. I would not be without it even if it cost $5.00 a bottle. Hun dreds have used it on my recommen dation and all say it never fails to cure Throat, Chest and Lung troubles." Regular size 50c and 1 00. Trial bot tles 10c . at R R Bellamy's Drug Store. t cor over fittj Tears f rh WrssTiw'fl Avmmin Hvdttd has been used for over fifty years by millions 01 mowers ror their children whilft tnAtriinor wit Vi narfnnt iiikwd. It soothes the child, softens the gums, allays all pain, cures wind colic, land is the best remedy for Diarrhoea. .It will relieve the noor lift In miff im mediately. Sold by druggists in every part of the world. Twenty five cents a bottle. Be sure and ask for " Mrs. Winslow's Soothinff Svrun." anrl tnb no other. O Bean the ffigaatara f PC Tbe Kind Yon Haw Always Boagbt tr a - P EUM A ii isnino Cleans Everything rriTM'ri?T?nr A I jJXlEdIAjLJ.''- WILMINGTON MARKET, STAR OFFICE. Feb. 23. SPIRITS TURPENTINE Market firm at 54 cems per gallon for machine made casks and 53 14 cents per gallon for country casks. ROSIN Market firm at $1 45 per barrel for strained and $1.50 for good strained. TAR Market firm at $1 30 per bbl of 280 lbs. ' CRUDE TURPENTINE. Market firm at $2 00 per barrel for bard, $3.25 for dip, and - for virgin. Quotations same day last year. Spirits turpentine firm at 4443c; rosin firm at 9095c; tar firm at $1 U0; crude turpentine firm at $l.352.40. BKOKIPTS. Spirits turpentine 17 E&sin 1,163 Tar 901 Crude turpentine. 7 Receipts same day last year. 44 casks spirits turpentine, 276 bbls rosin, 389 bbls tar, 31 bbls crude tur pentine. COTTON. Market firm on a basis of 8c per pound for middling. Quotations : Ordinary Good ordinary . Low middling.. Middling Good middling. . Same day last 6 3-16 cts. B) 7 9 IS. " " 8 316 " " ... SH " " ... 9 " " year middling firm at 6c. Receipts 1,012 bales; same day last year, 94 bales. COUNTRY PBODTJOK. PEANUTS North Carolina Prime, 70c. Extra prime, 75c per bushel f 28 pounds; fancy, 77 yi &80c Virginia Prime, 5053c; extra prime, 55c; fancy, 60c. CORN Finn; 53 to 53 cents per bushel for white. ROUGH RICF Lowland (tide water) 85c upland, 5C60c. Quota tions on a b&ois of 45 pounds to the bushel. N. C. BACON Steady; hams 10 to 11c per pound; shoulders, 7 to 8c; sides, 7 to 8c. SHINGLES Per thousand, five inch hearts and saps, $2.25 to 3.25; six-inch, $4.00 to 5.00: seven-inch, $5.50 to 6.50. TIMBER Market steady at $3.50 to 9.00 per M. FINANCIAL MARKETS. Br Telezrasn to tbe Morninz Star. NsTW YORK, February 23.-Money on call was steady at 22 per cent., last loan at 2 per cent., closed offered at per cent. Prime mercantile paper 45perct. Sterling exchange easier; actual business in bankers' bills at 4873 for demand and at 483 X for sixty days. Posted rates 484485 and 488488. Commercial bills 483 483 Silver certificates 5960?. Bar silver 59- Mexican dollars 47. Government bonds bouyant. State bonds strong. Railroad bonds ,weak. U. S. 2's, registered, 103; U. S. 3's, reg'd, 1092; do. coupon, 1(J9J; U. S. new 4's, reg'd, 135; do. cou pon, 135; U.. 8. old 4's, reg'd. 115; do. coupon, 115; U. a. 5 s, re-? d 114; do. coupon, 114; N. C. 6's 127 bid;do.4's, 105 bid; Southern R'y 5's U7 Stocks : Baltimore & Ohio 61 ; Chesapeake & Ohio 28 : Manhattan L 97 ,New York Central 132 ; Reading 19 H; do. 1st prefer'd 59X; St. Paul 121M ; do. preferred 171 ; Southern Railway 12& ; do preferred 57K : Amer ican Tobacco, 107 ,do. preferred 135 J ; reopies uas 98 ; sugar lllS(;do preferred 112; T. C. & Iron 95 H; U. 8 Leather 12 ; do. preferred 74 ; Westara union o36- NAVAL STORES MARKETS By Tetegrapn to tbe stornlnsSBtar. Nkw York, February 23. Rosin steady, spirits turpentine quiet at 55f 0OtC. Charleston, February 23. Spirit turpentine firm at , 53c; sales casks. Rosin firm; sales barrels. Prices unchanged. 8a v Ainu ah, February 23 - Spirits tur pentine firm at 63 c; sales 172 casks; receipts 119 casks; exports 147 casks. Rosin firm; sales 896 barrels; re ceipts 3,859 barrels; exports 8,385 barrels. Quote: A ti, (J. 1, $1 50; K, $1 55 ;F, $1 60 ;G. $1 65 . H. $1 90 ;I, $3, 05 ; K, $2 25; M, $2 50; N, $2 75; W G. $30; W W, $3 65. BSSB SB COTTON MARKETS. Telesraohltq the.Mornlng star. New York, February 23. From start to finish the cotton market was in another whirl of excitement to-day. What many had predicted happened in the way of a repetition of the Lin coin birthday advance abroad. The Liverpool market closed at a net gain of five to ten sixty fourths, as com pared with final prices of Wednesday. This meant a rampant market in New York. Tbe first call here developed an advance of, ten and fifteen points. For the rest of the session the course of the market was very irregular and at times erratic, with an enormous de mand from all points, in good part from Great Britain and the Continent. The South was also a heavy buyer. At one time the advance was. twenty to twer.ty-nine points. At the close the market was steady at a net rise of nine to twenty seven points. ..Pivate cables stated that a better feeling was beginning to manifest itself again in England and that the English market was being favorably influenced by the light interior movement in the South,' The main factor in the advance, how ever, was the unsatisfactory move ment in cotton. . There have come in to sight this year, thus, far, 7,540,084 bales against 9,305,841 for the same time last year. There came into sight in March last jear 636,000 bales andestimates are very mild as the amount 1 to come into sight this March- and on r expecta tion that it will reach the same figures as last year, there was considerable selling in the afternoon. . There was no end of buving power, however. and the market closed steady. New Yoek. February 23. Cotton steady; middling uplands 9 1 16c Uotton 1 futures market closed at prices: February 8 76, March 8 76, ' April 8.78, May 8.76, June 8 76, July 8.76, August 8.66, September 7.98, Oc tober 7.69, November 7.59, December 7.68, January 7 60. - "Spot cotton closed steady and 3-16c higher; middling uplands 9 l-16c; mid dling gulf 9 5-16c ; sales 224 bales. Net receipts 1.249 bales , irmsa recemta 6,085 bales ; export to Great Britain ovvaesv from Cellar to "Garret. Hl.3?2bale; exports to the Continent ? i:i60 bales: exports to Franc 5sn 1,160 bales; exports to France 250 ( 'bales; stock 129,833 bales. i Total to day Net receipts 29,288 i bales; exports to Great Britain 6,420 bales; exports to France 551 bales; exports to the Continent 40,790 bales' stock 1,017,803 bales. : ConsolidatedNet receipts 181,589 bales; exports to Great Britain 83,396 baits; exports to France 21,203 bales; exports to the Continent 117,237 bales. Total since September 1st. Net re ceipts 5,327 622 tales; exports to Great Britain 1,481,499 bales; exports to France 570.527 bales;, exports to the February 23. Galveston, holicUy, net receipts 3,671 bales': Norfolk.sieriy at 8, net receipts 3 273 bales; Bah timore, nominal at 9c, net rec ptg 911 bales; Boston, quiet at 8c, Let receipts bales; W ilmiugton, ti m at 8c, net receipts 1,012 bales; Phila aelp.hia.firm at 9 5-1 6, net receipts 1,418 bales ;8avan nab, steady at 8c, net re ceipts 7,031 bales; New Orlrans firiu at 8 11 16c, net receipts 7,013 bals; Mobile, nominal at 8c, net receipt 1,962 bales; Memphis,steady at8J4c,utt receipts 506 bales: Augusta, steady hi 8 15 16, net receipts 2.962 bales ;Cirl. ton, steady at 8c, net receipw. 1.962 bates. PRODUCE MARKETS 'By Telegraph to tne Moroniti es: New Yoek, February 23. Fi. u. was still firm on winter wheat flour t.t old prices, but dull and easier f r springs: Minnesota patents $3 K5 4 10. WheatSpot weak; No 2 red 74c; options opened easy and th-re after were bearishly disposed through general liquidation, very heavy Argen tine shipments, lower English cables, small clearances, favorable WtsUru weather and crop reports and ci sp pointing export demand. Closed weak and heavy at llHc i.H decline. March closed 74c; May closed 72c; July closed - 72Kc. Cori o weak; No. 2 43c; options opened steacj and experienced a decided advance later in the day On local covering a; d a strong Western demand only to break finally with wheat. Clod weak at Jc net decline; May closed 40X- OatsSpot weaker No 2, 29c; options dull and easier Lard weak; Western steam $6 15617 ; February $S 17& nominal; refined quiet Butler steady; Western creamery 20& 24; State dairy 1823c Egsfirm; State and Pennsylvania I414c at mark; Southern 13.J4 13c at mark. Cheese firm; fall made faucy ss!l 13c; fall made fancy large 13c. Potatoes steady; New Jersey $1 25t 1 62 J : New York $1 501 87 4 ; -Long Island $1 502 00; Jersey sweets $2 25 cotton by steam 33d. Pork quiet. T.-1 low dull. Rice firm. .Petroleum fiim; refined New York $9 90; Philadelphia and Baltimore $9 85; do in bulk $7 20. Molasses steady. Cabbage steady. CottoM seed oil quiet and barely steady Primecruden barrel. 33 J434 prm summer yellow 37X37c; off sum mer yellow nominal; butter grades 83 39c; prime winter yellow 394ic: prime white 3940c;prime meal $2350 -Coffee Spot Rio dull; No' 7 in.oice 89 16c No.7 jobbing 91 16c, mild qui. t; Cordova 9.5414. Sugar-Raw duil ad easy; fair refinii-g 3e; centrifugal 4?c; molasses sugar 3 11 163c; rt hiiea qui t. CHICAGO, February 23 -Tbe erior mou export business done by Argen tina lest week was the dominant fac tor in wheat to day. May closing 1J lfc under Wednesday. Th ptb r markets were depressed by the wheat weakn&p. May corji closed fc and May oats a shade lower. Provisions at the close were 21l2ic down. CHICAGO, Feb. 23. -Cash quotation: Flour easy. Wheat No.2 spring - No. 3 spring 63 65c; No. 2 red 697 c Corn No. 2. 33 c. Oats No 2 23 23c; No. 2 white 2626c; No 3 White 2425c. Pork, per barrel, $9 90N 75. Lard, per lOu lbs, $5 755 82 Short rib sides, loose, $5 756 00 Dry salted shoul ders, $6 25 6 50 Short clear sides, boxed, $5 956 05. Whiskey Dis tillers1 finished goods, per gallon, $123tf The leading futures ranged as fo lows opening, highest, . lowest anc closing: Wheat No. 2 February 65M.66.65&, 65&c; May 67, 67, 66X, 66X:July 67M67, 67,66. 66c. Corn No.2 February 33, 33. 33, 33; Mav 34&34JS, 35&, 3434. 3434e; July 345. .35J4 34, 34. Oats- May 23Jf, 23?23. 23. 23V ; July 22fc22tf, 2222. 22 22&. 22tf. Pork. per bbl May $1075, 10 87, 10 72K, 10 75, July $10 87 10 90, 10 77K. 10 77J. Lard. Per KM- !bs - May $5 90 5 95, 5 90, 5 90; July $6 00. 6 05, 5 97 X, 6 00 Short ribs,-per 100 tbe. May $5 92K 5 95. 5 85, 5 78 ; July $6 00, 6 05, 5 97.6 00. Baltimore. February 23. Flour 'dull and unchanged. Wheat steady at tbe decline 8pot and February 7272c; March 7273c; May 73J73je; Southern whea' by sample 6774c. Corn firm Spot 89j39c: February 39K39c; March 39 39c; April 3939c; Southern white corn 404lc. Oats firm No 2 white 31 32c ;No. 2 mixed 2929 c. FOREIGN gARK? Bv Cable to the Horning stai LtverpooTj, February 23, 4 P. M. Cotton Spot quiet; prices 3-32d higher. American middling fair, 5d; good middling 5 3 16d; m ddling 5gd; low middling 5d; good ordinary 4 1316d; ordinary 4d. The sales of the day were 8,000 bales, of which 500 were for speculation and export and included 7.200 American. Receipts 13, 000 bales, including 12,000 American. Futures opened and closed steady at the advance. American middling (1. m. c.) February 2 2 64d seller; Feb ruary and March 4 63 64d seller; March and April 4 60 64d seller; April and May 4 56 64d buyer; May and Jun 4 53-64d buyer; June and JpJy 4 60 64 451 64d buyer; Ju y and August 4 8 64 4 9 64d buyer; August and Septem ber 4 42-644 43 64d seller; September and October 4 23 64d buyer: October and November 4 13 64d buyer ; Novem ber arq December 4 8 64d buver. SANYAC-miDV ' Arrests rnwlmrgofl from ths nrlnarj orsaas tn either mtx in 48 hours. It la superior to Copaiba, Cubeh, or ntjeo. ttam, and free from all bad ameU or otbar mcoaTCDtencea. 5 AN I AL'IVl I UT taiunliMMirWl wfcjch pom r tm pulaa,f

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view