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