Newspapers / Wilmington Morning Star (Wilmington, … / May 16, 1902, edition 1 / Page 2
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BY wrLA.iAia EL. BBSKARD Fkidav Moiurara, Mat 16. A HUBDEED DOLLARS A FLATS. Charles M. Schwab recently gave a dinner to forty-one of his Steel Trost; associates, a dinner which cost, according to reports, $100 a plate. A hundred dollars a plate isn't mnch for Mr. Schwab, who gets a salary of half a million or more a year, but it looks large to the average man who scuffles along and considers himself fortunate if he can make ends meet, and get enough to eat and wear. And that is about the condition of the bulk of the American people, not withstanding the talk about the great prosperity. Prosperity, however, has struck the gentlemen whom Mr. Schwab dined on that occasion, and they doubtless realized it when they were gathered around his board at that $100 a plate layout, at the head of which sat their half a million dollar a year President, They raked in last year profits of $111,000,000, which was 10 per cent, on their al leged invested capital, and a profit of over 40 per cent, on their actual capital. With such returns from the sweat of other people and without perspiring themselves, of course they wore in a frame of mind, (assuming that their digestive organs were in good condition,) to enjoy that $100 a plate banquet. No one objects to these gentlemen having big dinners and enjoying themselves in royal style, for they might as well enjoy themselves in that way as in any other; but there is an object lesson in such banquets, all the same. It has been said that no man can honestlv accumulate a fortune of $100,000,000, and that is true. It might be said with equal truth that no legitimate business can afford to pay a superintendent a salary of half a million dollars a year. Com binations which are so favored that they can take advantage of the people with whom they deal may do that, but no ordinary legitimately conducted business can. This Steel Trust, of which Chas. M. Schwab, who i gave this $100 a plate dinner, is President, is a combination of trusts which have been favored by special legislation that enables it to monopolize the home market and make its own prices for the things it produces. In that lies the secret of its great pros perity and the immense profits it makes. Last year, the first year of its existence, it made, according to its own statements a profit of $111, 065,975 on a capitalization of $1,100, 000,000. That is the so-called capi talization, showing a profit of 10 per cent. But the actual value of the plants embraced in the Trust is only $264,000,000 so that the profit was instead of 10 per cent, about 42 per cent. j The j railroads of the country which support directly or indirectly about 3,000,000 people and add many millions a year to the wealth of the country by development, think they are doing very well if they make a profit of four or five per cent., and cotton manufacturing and other textile industries, which support a million or more people, think they are doing a prosperous business if they make a profit of 10 or 12 per cent. Ten per cent, is considered a good profit for any business in this country, while, in England the majority of industries do not com plain if they make a profit of three per cent. The' basic industry of this country is agriculture and the aver age farmer feels pretty well satisfied if he makes Sot 6 per cent, profit But his Steel Trust made 42 per cent., and hence Mr. Schwab could invite his forfSy-one fellow Trustees to a il00-dollar-a-plate feast, where they doubtles drank to each other in flowing bumpers and congratu lated themselves on the conditions that brought them 42 per cent, prof its, however much other people have tojsuSer. As the ordinary profit in the steel business (in which there is more steel than steal) is about six percent, the legitimate profit of this combine Ion its $264,000,000 ac tual valuation would have been $15, 840,000, the $95,227,975 difference between this and the $111,067,975 reported profits, being the swag it was enabled to pull out of the American people with the aid of the jmpnopoly which it enjoys through the protective tariff, which cuts off outside competition, jit has prac tically no home competition, for while there are steel nlants j which are not in the Trust they do not seriously compete with it, for if they did this gigantic Trust would jump on them, and crush them. jThe fig Trust does not mind their presence, for . there is work enough for all, while they do not nndertake to interfere with the Trust's business and profits by at tending1, to jundersell it. Conse quently they do the prudent thing and avoid colliding with it in any of the articles it makes.' The profit reported by this Trust last year was $95,237,975 more than it should lefitiaiately have been, and thia enormous sum came mainly out of the j American, people, ' who were lorced to buy the Trust's manufac tures "because they could not help themselves. ;If our Ttorta warn mwm ! to ' outside competition American purchasers would have a choice ana could buy from the- seller who sold the cheapest, but the tariff -closed ports denied them that privilege, and consequently they had to sub mit to the plunder of more than $95,000,000. and will have to sub mit to this or greater plunder while this Trust holds the monopoly of the home markets. And yet the Trust-controlled ma jority in Congress stands in such awe of this mighty combine that it cannot be prevailed upon to touch the tariff, which enables it to, do this colossal plundering. MOSEY Iff CATTLE. For the past fe.w years attention to cattle raising and fattening for the market has been increasing in some sections of the South, but the recent advance in prices by the Beef Trust and the wide discussion this has given rise to has had the effect of creating attention more closely upon it. j We have seen in some of our State exchanges notices of the purchase of large tracts of land by men from other States, who propose to go into cattle raising as a regular business. That there would be handsome profit in it if well managed there is no doubt, for this section of. the coun try is naturally well adapted to it, and the cost of raising would be as low here if not lower than in some sections where large numbers are raised. As bearing upon this we clip the following from the Charles ton, News and Courier: la his very interesting: letter printed yesterday Mr. J. C. Milliner estimates that a ranee of 4,000 acres in the Little Pea Dee country will support a thous and cattle and, with $4,000 worth of cotton seed meal and hulls to prepare them for market, will show a profit of 25 per cent, annually on a $40,000 in vestment in the cattle farm. This is enough to encourage any farmer or cattleman to go into the business, cer tainly; but perhaps an even better showing could be made with cultivated forage. Borne of the forage crops now growing on the Exposition grounds, it is estimated, would feed four to six head of cattle per acre the year round. So that, with such crops, the four Pee Dee acres now required to feed one head would feed sixteen at least. Some time; ago the News and Courier in calling attention to the .object lessonB being given on this little piece of land by the U. S. De partment of Agriculture noted the plants experimented with and the re sults, showing the variety that can be produced, and tha yield on ordi nary land without any special fertil izing. There were at least a dozen valuable forage crops luxuriantly growing in a small tract of less than an acre. j There is no good reason why the cattle raising industry should not be j largely followed in a section where there are so many groyes and other forage crops growing to which so man v others may be "added. In addition to this these crops can be made to enrich the soil and convert poor into fertile farms, thus increas ing their value. HOW IT GOUGES THE CATTLE j HEX. One of the reasons given for the advances in prices by the Beef Trust is the scarcity and consequent in crease in the price of cattle. Cattle raisers in the West deny this, assert that there are plenty of cattle and that the Trust has control 6f and holds in reserve great herds on the ranges which it can draw upon at any time. But it is charged that it doesn't do the square thing with the cattle men and resorts : to tricky devices to take the advantage of them and buy cattle at its own prices. This is a charge made in the bill of equity filed in Chicago against the Trust by ; Attorney General Knox, which charge is thus set forth: , i I 'The defendants hare engaged in and intend to continue an unlawful combination and conspiracy for bid ding up through their respective pur chasing agents the prices of live stock for a few days at a time at the said stockyards and open markets, so that the market reports will show prices much higher than the state of the trade will warrant, and thereby induce own ers of such live stock in divers other Sates an d Territories to simultaneous ly make large shipments from other States and Territories instead of ship ping the same to more natural and ad vantageous markets at more natural and advantageous times in the due and proper course of such trade and busi ness, and by this means and by reason of the resulting large offerings there of such live stock (and by thereupon re fraining from bidding against I each other for the same) obtaining ! such live stock at prices much less than it would bring in the regular way of trade if such combination! and con spiracy were not so engaged in and continued." j -j This charge may or may not be true, but there is little probability that it would have been so specifi cally made by the Attorney General if he did not have a pretty good basis for it, for he did not enter upon this prosecution before a tho rough investigation had been made. The grasping spirit Bhown bv the members of this Trust and the de vices they have resorted to to prac tice extortion upon the people, while denying taking any undue advant age, leave little doubt: that they would resort to such trickery to get the advantage of the cattle ship pers. . .y j'-. j And this is one of the combines that is fostered and protected by the Dingley tariff, which is looked upon by the Republican statesmen as too sacred to be tonched. ; -For Wnooping Cough use OHEIJEY'S EX PECTORANT. i 4 For tale by Hardin's Paiane Pharmacy. The 08ace Does not depend on the start but on the finish. It's staying power -which carnes many a runner to victory. It s like that in business. Many a man starts off in the race for business success with a burst of speed which seems to assure victory. Presently be begins to falter and at last he falls and fails. The cause ? Generally "stomach trouble." No man is stronger than his stomach. Business haste leads to careless and irregular eat ing. The stomach and other organs of digestion and nutrition become diseased. The body is inadequately nourished and so grows weak. . Dr. Pierce's Golden Medical Discovery cures diseases of the stomach and other organs of digestion and nutrition. It strengthens the stomach and so strength ens the whole body which depends on the stomach for the nourishment from which strength is made. There is no alcohol in " Golden Medical Discovery," and it is entirely free from opium, cocaine and all other narcotics. Accept no substitute for the "Discov ery " There is no medicine "just as good" for diseases of the stomach and allied organs. "Your 'Golden Medical Discovery' has per formed a wonderful cure," writes Mr M. H. t,. f Charleston, Franklin Co., Ark. "I SdM&e -SS case of dysU Je doctor, sav thai, .hey ever saw. After trying seven dec orsand everything I could ."earmthno beufit, I tried Dr. Pierce's Golden Medical Dis covery, and now I am cured." Dr. Pierce's Pleasant Pellets care constipation. The Memphis News calls atten tion to the fact that while in other respects Tennessee has progressed, agriculture has within the past ten years actually retrograded and that the agricultural production is about the same as in 1875. The progress has been marked in the cities and towns, while the rural districts are not in it. which probably means that the towns and cities are ad vancing at the cost of the rural dis tricts, and that is not a good condi tion of affairs. Ex-Commissioner of Pension, Evans, says he went out of his own volition. But he wouldn't put his hand on his heart and say he didn't get any hints. 4 CURRENT COMMENT. With the Beef Trust it was "cut and come again" in St. Liouis. In that city each member of the Trust had its day in the week for selling beef without any danger of competition from its rivals. Still the assertion is made that there iB no such thing as a Beef TruBt. Philadelphia Record, Dem. Mr. Beveridge studied law before he was a Senator, but it seems he derived little profit from the work if he does not know that testimony extracted by torture is worthless. Yet he calls such evi dence "conclusive" and expects the country to follow him down a path the Anglo-Saxon deserted as soon aa he considered himself civilized. Jacksonville Times-Union, Dem. The Hon. Joseph Weldon Bailey's opinion of special embassies to the coronation of monarchs is one that is shared most liberally by the American people. When we accord to foreign potentates a distinction that is withheld in the case of the highest office in our gift we practice snobbery in its most offensive form. The special embassy to the corona tion of King Edward is on affront to robust Americanism. Washington Post, Ind. Sirloin of beef carries 40 per cent, of nutriment; mutton 38 per cent- ham 58 per cent. The aver age nutrient content in flesh foods, including fowels and game, is not orer 45 per cent. Oatmeal has 92 per cent, of nutrient matter, peas 87, rice 87, white beans P5,cornmeal, rye and buckwheat average 86 per cent. Green vegetables average about 15 per cent.: eggs, chickens and fish, say, 26 per cent. The vege table diets, especially those of the grain variety wheat, corn, rice, peas, beans, etc., feed and build muscle. The, prize fighter trains on a bread diet, so is a bulldog fed wheaten and other breads, when he's being fitted for battle. Chattanooga Times, Ind. QUARTERLY MEETINGS. Wilmington District Second Bound. Clinton, Kendall, May 17-28 Jacksonville, May 24-25 Fifth Street, May 25 Kenansville, Warsaw, May 31 Onslow, June 7-8 District Conference at Fair Bluff, April 1-3. v 1 ' B, B. John. P. K. j He Kept Hie Iiea. Twelve years ago J, W. Sullivan, of Hartford, Conn., scratched his leg with a rusty wire. Inflammation and blood poisoning set in. For two years he suffered intensely. Then the best doctors urged amputation, "but," he writes, "I used one bottle of Electric Bitters and 1 boxes of Bucklen's Ar nica Salve, and my leg was sound and well as ever." For Eruptions, Eczema, Tetter, Salt Rheum, Sores and all blood disorders Electric Bitters has no rival on earth. Try them. B. B. Bellamy, druggist, will guarantee satisfaction or refund the money. Only 50 cents, t - ror utu Itztr Mrs. WrjrsLOw's SooTHnro Stbup has been used for over sixty years by mil lions of mothers for their children while teething with perfect success. It soothes the child, soften the gums, and allays all pain; ures wind colic, and is the best remedy for diarrhoea. It will relieve the poor little sufferer immediately. Sold by druggists in every part of the world. Twenty-five oents a bottle. Be sure and ask for "Mrs. WinslowV Soothing -8yrap. il and take no other kind. DUCRO'S Alimentary LIXIR I highly reoommended u a remedy foe -. Inns diMaaes and aa a preventiT for ' typhoid, malarial andall klnrta of levara SPIRITS TURPENTINE Goldsboro Araus: A heavv bail storm is reported as having pass ed over tbe Dudley section or mis county Tuesday afternoon, doine much damage to tne coiion, corn ana earJy truck. v j Salisbury Truth-Index: j John Cotton, a late addition to the: chain gacg. was making an attempt! at es cape Monday, when he was shot by a guard. The wound proved fatal, the negro dy in this (Tuesday) morning. Tarboro Southerner: Justice Wm. Howard has just decided a hotly contested claim over a 25 cent pitch fork. It is claimed by Reuben Saun ders and a colored man named Hilliard Freeman. The 'squire held that this implement was the property of ', Free man. From this decision Mr. Saunders appealed to the Superior court. j Winston Journal: A telephone message from Germanton stated that Monday afternoon Mr. L. M. Kizer went squirrel hunting and that while in the woods waiting for something to develop, a slight noise was heard in the bushes and upon firing his gun found that he had killed a mink; which was dragging an eel thirty inches long through the bushes. The mink was killed, but the eel was captured alive and was at that place a quarter of a mile from any stream of water. Greensboro Record: Joseph E. Burk, a deserter from the United States army, walked up to Policeman Busick Tuesday, told him who and what he was and said he wanted to be arrested and locked up; that he was a deserter from tbe marine corps in Washington and had been tramping since his desertion until he was worn out and wanted to go back, take his punishment like a man and be: re-instated. His wants were attended to and he will be taken back as soon as the proper papers are received. j Chatham Record: Mr. Horace Bridges, of Oakland township, has a mule that he has owned for 28; years, and nobody knows.how much older it is, and it is yet doing good work. On Wednesday night of last week lightning i killed a valuable horse of Mr. Yet M. Dorsett, at Siler City. A flash or lightning struck the stable, in which was the horse, and instantly killed the horse and damaged the stable, but fortunately did not burn it up. Goldsboro Headlight: The ship ment of strawberries from Mount Olive will be at "high-water mark" this week. Thus far the prices although low have been remunerative to the growers. Most of the sales are made here "spot cash" through the corps of buyers now on this market. A tremendous hail storm visited the south side of the Neuse river Tuesday evening about 6 o'clock, doing considerable damage to vegetation and crops.. Informa tion reached the city Friday that on Thursday night some "professionals" dynamited the safe of Mr. L- P. Best, a merchant at Warsaw, and departed with about $250 in money. Another safe in the same store containing over $1,000 in money, was left untouched. The tools with which the work was done were procured from a neighboring blacksmith shop. Thus far there is no clue to the safe-crackers. i WINKLINOS. "A far as municipal affairs go, I believe one political party is as bad as the other." "Nonsense. Both can't be in power at once." Life "Hope is a good thing j" said Uncle Eben, " 'ceppin' when you sits down and makes it a 'souse foh not workin'. "Washington Star. "Got the last of the boys off my hands now," said the old man. ; "You have?" "Yes. I eddicated John ter be a scholar, an' Dick to make a livin' 1" Atlanta Constitution. Little Willie "Say, pa, i what are preferred creditors!" Pa VThey are the kind that never send in their bills, my son. At least, that's the kind I prefer." Chicago News "Some men," said Uncle Eben, "is honest because dey is too good not to be. An' some is honest 'cause dey ain' got nerve enough to take any chances." Washington Spar. "Why do we say, 'Give us this day our day our daily bread f" asked a Sunday-school teacher after the les son. "Because we want it fresh," an swered a tittle girl. Littte Chronicle. Mrs. Jinks "That's Signor Scrapeskl just passed. He plays the violin like an angeL" Tommy "Mummy, dear, do the angels say 'Damnl' when a string breaks?" Punch. j Dombey How did yori get that scar on your forehead, Jones? Jones Oh, my wife and I had an ar gument and she obeyed the mean old adage strike while the iron is hot Judge. P A Good Play: Katherine: "Pa pa, I'm going to cut down your heavy family expenses," Papa "What is it, daughter!" Katherine-s"Papa; I'm floinsr to marry our doctor." Brook lyn Life, j "Peterson say's he's very sus ceptible to heat." "Susceptible 1 I should say he was I Why he holds the medal for being the first man ta be sun-struck in March." Cleveland Plain Dealer.- Unavoidable: Mother Johnny, remember to always do what is right and speak the truth at all times. John ny All right, ma; only don't blame me for getting into so many scraps, then; that's all. Puck. j Mrs. Muggins Is Mrs. Wig wag active in public life! .Mrs. Bug gins Active t Why, that woman be longs to sixteen different societies for the suppression of things. Philadel phia Record. I Hojack Well, old Mr. Scadds has finally given his permission to the marriage of his daughter to Cholly Noodles. Tomdik That is the! first time he was ever known to give some thing for nothing. Detroit Free Press. Tie Philadelphia Rambler.! The Philadelphia Rambler is another climbing novelty among roses, said to be a great improvement on the original Crimson Rambler and the result of a cross between Crimson Rambler j and Victor Hugo, the latter being a hybrid remontant, producing flowers of rich, flaming crimson. It is said to have all the best characteristics of the Older Rambler : without Bome of -its faults. For Instance, so far it has not develop ed the. same tendency to-mildew which, tbe old Rambler sometimes shows. The flower of the new variety is larger, and more double and durable and the color more Intense, and persistent, not fad ing nearly so quickly aa do the flowers of the famous old Rambler. It is bard to realize that the good old Crimson Rambler is liable to be displaced within a short time, yet such Is likely to be the case, In the opinion of a writer In Gardening. - LV1 FAVORITE gescmptib;. FOR. WE AK WOMEN. MEM'S WHAT YOU DO, DO IT WELL. This Is Important For Heal Bnita ; in May. Thousands of Cures Made by PAIIfE'S CELERY COMPOUND Should Convince You of Its ! I ; Value. "What you do, do it well," is the golden rule of business life. This rule and far reaching command cai be profitably observed In many Other conditions of life. In sickness j and suffering it is all important J that "what you do" to banish disease and restore lost health, . should be well done. While prudence and common sense will, in nearly every instance, direct you aright, the experience of your friends and neighbors and the thousands rescued from sicknesg and suffering, will point directly to Paine's Celery Compound as the infallible health giver. 1 j People who think they will get rid of troubles such as rneumatism, j neu ralgia, dyspepsia, and nervous disor ders by medicines which have not yet passed the experimental stage, wf 11 be sadly disappointed and find their' suf ferings increased. To get rid of -rheumatism, neural gia and nervous complaint,, it is; wis dom to use Paine's Celery Compound, a medicine that proceeds at once to make the appetite normal, sleep nat ural and refreshing, the nerves strong, as a foundation for building up health and vigor. i If sick people in May look for a true nerve strengthener, an honest blood purifier, a reliable diuretic, that will restore strength, renew vitality, regu late the kidneys, liver, and bowels, they sho'jld at once make use of Paine's Celerv Comnonnd. and note the speedy and pleasing results that now from its use. easy to Dye with Dtamons Dyes. j I Simple. Durable. Economical. He Pardon me; this is a smoker. She Pardon me; so am I. fpOLBSUE PBICE3 CORRECT. r Tne ronowing quotations represent Wholesale Prices generally. In making up email orders hlaher Drloea have to becbarsM. Tne quotations are arways given as accurately as possible, but tba btas wul not be raepoasibla for any variations from tne actual marietprioe of the articles auoted s BAGKJINC S Jnte 7 It f Btandard 1 BnrlaDB WK8TKBN SMOKED - Hams Bides 9 Equality. 12X 14 10 5 10H S O 9H 9 69 O 9 75 9 O 9H 1 85 Q 1 83 1 35 O 1 85 O 1 85 O 1 85 S 60 O T 00' 9 09 O 14 00 95 O 83)4 89 O S3 76 O 77J4 o rrA O 1 Uii 18 O 05 SO 11 lsZ io g S anoniuera DBY SALTED tnaee w , BhoaldersV B&BREJLS Spirits Turpentine OeOODu-IUUMl, oacn. ., Second-hand machine New New York, each New City, each EBICK8 wiimington w m Northern BDTTKB :. Norm Carolina .......... Nortnern. ........... ........ - OOBN MKAii I per busheL in sacks I Virginia Meal COTTON TIEa bundle DANDLES Sperm....... I Adamantine OOFFES iiaguyra. Bio DOMESTICS Sheeting, t-4, 9 yard Yarns. If bnnch of S fts .... law Mackerel, Ho. 1, Mackerel, No. 1, Mackerel, No. 9, 1 barrel... 29 00 1 half-bbl. 11 00 1 barrel... 16 00 aiacKerei, no. a Mackerel, Ha 8, I half-bbl.. 8 00 i oarrei... is oo Muueus. oa Mullets, vpork barrel...... H. O.Boe Eenriag, m keg.. Bs,":::::::"::: V t 00 rwjoH w boweraae a bo Choice 75 maraiKnt.,,,,., . First Patent 4 95 BLUE 9 OBAIH-y bushel - 8 oorn,rrom store,tKs White Mixed Corn.. Oats, from store (mixed).. Oats, Knst Proof Cow Peas 89Kft O 57MO 700 1 10 HIDES 9 I Green salted Dry flint I Dry salt HAY V 100 s I No 1 Timothy......... I Bice Straw , I N. a.: Crop.......... ........ HOOP IBON, ...... " CHEESE P I i Northern Factory........... Dairy Cream I Half cream ................. LARD. - i Northern North Carolina LIME, barrel POBK.V barrel i OitvMeea i Bumo 1 DO IgXO 14 io S ii)t 8! 18fc .19)1 1 85 10 1 10 o 18 1 18 ! 17 1 SO ! Prime 50 50 SALT, f sack. Alum I Liverpool., American..........'.,,...,,,. JOnf!01 9 toss.........;;... BUQAB, 9 Standard Qran'd . Rnpn m 11 S I a O 185 90 90 48 O 5 00 Btanaara A. White Extra O.. Extra i O, Golden..... LTJMBEB (clty'iaw'ed) 'mil onip Dtuii, reeawea.. is oo Bough edge Plank. ......... 15 00 west India cargoes, accord ing to gnallty ,j$ 00 Dressed Flooring, seasoned. 18 00 Bcantllns and Board, ooro'n 14 no MOLASSES. 9 gallon . : Barbadoes, in hogshead..... Barbadoes. In barrels.. Porto Bloo, In hogsheads.. . . Porto Rico, In barrels... . . . . 1 Dugtr noose, in nogsneaus. sugar uoase, in barrels...-. Svruu. In barrels KAILS. 9 ketr. OntL sad basis. a-k A D WO AInWh. STAVES, 9 M W. O. barrel.... 8MO 6 00 O 14 09 . J. noKsneaa... . . flMBEB, B feet-Shipping.. : " -" O 10 I uuuuuuu ami -Fair mill.. ............. ...... Prime mill Extra null....... 00 00 9 60 800 SHINGLES, N.o. Cypress saved m m dim nearc...... s 95 " Bap iio ! SxaoiHeart....... 50 J " Ban.. 1 mi WHISKEY. 9 srallon NorttMtrn 1 o Food Cbanged to Poison. ' Putrefying? food in the intestines produces effects like those of arsenic but Dr. King's New Life Pills expel tne poisons irom cioggea Dowels gent ly and easily, but surely, curing Con. stipation, Biliousness, 8ick Headache, Fevers and all Liver, Kidney and Bowel troubles. Only 29 cents at R. P. Bellamy's drug store. ; " t 880 00 18 00 18 00 99 00 15 00 8 i 80 6 II . 80 O 88 18 S 14 14 S 15 17 8 87 8 40 fl 8 BO 4 DO f9 00 5 00 650 750 8.50 .TOO O 6 00 4 00 800 At 10 QOftfM SRC I A I WILMINGTON MARK KT f Quoted officially at the closing by the Product , ; Exchange.! -, - ' j j 1 - - ISTAR OFFICE. May 18.' ! SPOUTS! TURPENTINE Market firm at 44c per gallon. ' ROSIN Market firm at $L05 per barrel bid for strained and $1.10 per barrel bid for good strained. TAR Market firm at $1.30 per bar rel of 280 pounds. ; CRUDE j TURPENTINE Market firm at $1.40 per barrel for hard, $2 60 for dip, and $2.60 for virgin. Quotations same day last year Spirits turpentiue quiet at 31j31c; rosin firm at $1.00L05; tar firm at $1.25 ; crude turpentine hrm at $1.10 2.10. 1 RECEIPTS. , Spirits turpentine. . . ; 51! 254 189 Rosin Tar Crude turpentine. 48 Receipts I same day last year 441 casks spirits turpentine, 181 barrels rosin, 105 barrels tar, 142 barrels crude turpentine. I ! I j COTTON. ! Market firm on a basis of 9&c per: pound for middling. Quotations Ordinary.. ...f 6 Good ordinary 8& Low middling. 82 Middling .1 9Jf Good middling 9 5-16 cts.u Same day last year, market firm at 7Mc for middling. i I Receipts-j-4 bales; same day last year, 10 Corrected Regularly by Wilmington Produce Commission Merchants, prices representing those paid for produce consigned to Commis sion Merchants.! I 1 COUNTRY PRODUCE. PEANUTS North . Carolina, firm, Prime, 65c j extra prime; 70c; fancyv 75c, per bushel of twenty-eight pounds. Virginia Prime, 5 5c ; extra prime, 60c ; fancv. 65c. 1 Spanish. 7580c. I 1 CORN Firm, 7680c per bushel for white. I II N. O. BACON Steady; hams 13 15c per pound; shoulders, 1012c: sides, 10llc. I KGrGrS-Firm at 14ai5c per dozen. I : CHICKENS Firm. Grown, 27 35c; springs, 2025c TURKEYS Dressed, firm at 15 16c; live, 10llc. BEESWAX Firm at 26c TALLOW Firm at 56c per pound. I SWEET POTATOES Firm at 70 75c per busheL ' ; j FINANCIAL MARKETS, i ! By Telegraph to the Morning star. Nkw Yobk, May 15. Money on call was firm at 56 per cent, closine. bid and asked. 56 per cent Prime mercantile paper 45 per cent. Sterling exchange was nrmer, with actual business in bankers'bills at 486" 486 for demand and at 484 i for sixty days. The posted rates were 48563485 K and 4S744SS. VJOm mercial bills 483X84. Bar silver Six. Mexican dollars 41K. . (Jovem- ment bonds steady. State bonds inac tive Railroad bonds steady. U. S. re funding 2 registered, 109X;U. S. re funding 2's.i coupon, 109Jf; U. 8. 3'sJ registered, -108; da coupon, 108, U. 8. 4's, new registered, -137 l ; do. coupon 137J; U. S. 4's, did, reg-i istered, 111; do. coupon, 111; U-3J 6's registered, 105X; do. coupon,! 105 Southern Railway, 5's, 123. Stocks: Baltimore & Ohio 106 3; Chesapeake & Ohio 47H; Manhat tan Lt 1S2M; New York Central 157; Reading 64;do. 1st preferred a3 ; do. ana preierrea 083$ ; t. raui 169: do. prefd. 189 V: Southern Rail way S7H ; da prefd 95 ; Amalga mated uopper 68Jf ; Am'n Tobacco ; People's Gas 103; Sugar 187; Tennessee Goal and Iron 64X; U. S. Leather 13tf ; da prefd, 84 -.Western Union 91; U. S. Steel 41; do. pre ferred 91; Mexican National 18& American Locomotive ; da pre ferred ; Virginia-Carolina Chemical 73H ; do. preferred, 133 Standard Oil, 635640. f ' Baltimore, May 15. Seaboard Air Ldne, common, z6X26 ; do. preier red, 46K464; da 4s 8686c NAVAL STORES PARKETS. By Telegraph to the Morning star. New York, May 15. Rosin steady; Spirits turpentine steady,! , Charleston, May 15.-I-Splrits tur pontine firm at 44c Rosin unchanged. Savanhah, May 15. Spirits turpen tine firm at 45&c; receipts 1,753 casks; sales 458 casks; exports 481 casks. Rosin was firm; receipts 2,845 barrels; sales 1,604 barrels; exports 775 bar rels. Quote: A, B, C. D, $1 20; E, 1 25; F, $130; G, $1 Ssffe, $1 55;X $195;K $2 45; M, $2 85; N, $3 15; Wio 4u; w w, i By. COTTON MARKETS. . By.TeiesrraDh to the Horning star mw Yqek, may 1K.4-The cotton market opened firm with prices one point higher to three! points lower and for a short , time was rather heavy under room selling, based on large port receipts, rather disappointing Liverpool cables and absence of ag gressvie public support fThen came a sharp rise . which carried July from 9.01 to 9.08,'tm a small scare of shorts na support crom wan street interests. MWK UJT. IBB HUK rain, in parts of belt ' and nradfotirma of much .he western of very bullish weekly statements to-morrow. But as commission houses did not re enter the market-and as New Orleans and Liverpool reflected a tired feeling among longs, the local market declined again and closed quiet and steady, net five to eight points lower! Speculation was tame much of the' session ; the liHff cp accunfc were unquestion ably the best received at this time in the season in several years. Bhowers to soaking rains were forecasted for pretty much the entire pelt to-night .nd to-morrow. "- i York, May l$.Ootton firm at 9Xc; net receipts bales: gross receipts 256 bales; stock 184,750 bales.! middling uplands 9c; middling gulf c; saxes uu Dales. n Futures closAd nn I Afjxirf 9.81, June 9 16, July 8.99,! AEKaSf Ptember 8.20, October 8.02rNovemt ber 7.97, December 7. 95, January 7 84 February 7.93. ! i f j . tu-uay n receipts 9,104 bales: exnnrtB in th n Z'ZZZ. bales; stock 611,418 bales. ? - f , , consolidated Net receipts 40.000 bales: fixnnrtn In CLot Tt-KT- '.XT . , " t i - .i1"' huu u,oui bales; exports rto France 5,850 balesi .e5fS. the Continent 29,970 bales! j.umu uuc oepcemoer 1st. Net re sints 7 322 43ft hoi,-. .IZT. fr Continent imSZWf&F. 153? !5--rGlstt"Mluiet and steady 5 f, fecets 830 bales ;Nor folk. - r-i .vvw.r Kw viuqi: out timorejiiominal at 95ic inet receipts 1,298 bales;? Boston, steady at 9Xa net receipts bales; , WUmington! ?rm.t 9c4 net receipts 4 bales; Phil delphia, firm at 9c, net receipts 679 bales; Savannah quiet at 9Kc net receipts 3,864 bales; New Orleans ?ttl?!,at 9 616Cet receipts 2,859 bales; Mobile,- nominal at 9Ke j net receipts 13 bales: Memnhin. nit &t Qitn .( receipts 67 bales; Augusta.- quiet Xe, net receipts 14 bales; Charleston, quiet and nominal at 9c, net receipts 1,298 balds. PRODUCE MARKETS. By Telegraph to the Morning Star Naw Fobs, May 15. Flour was quiet but firmly held in spite of the wbeat decline; Minnesota patents $4 10 4 25; winter patents $3 904 25. Wheat Spot steady; No. 2 red 87c. After a brief period of opening .firm ness due to surprisingly firm cables, wheat turned weak and was heavy all day, being affected by splendid crop news, a poor outside demand, easier lata cables, disappointing export trade, liquidation and short selling. Fu tures closed H&Ko net lower. May ciosed 81c; July closed 81c; September 79c ; December 80 c. Corn Spot easy ; No. 2. 70c. Option market opened firm and higher, following cables and the wheat advance. Later it broke under liquidation, fine crop news and increased farm offerings, the clos ing quotations being 3c net lower: May closed 69&e; July closed 67 Jic; September 66c; December 66c. Oats Spot steady ; No. 2 47c. Options were quiet and easier all day on favor able crop news. Lard was easy ; West ern steam $1075; refined steady; conti nent $11 00; South American $1170; compound 8K85c. Pork firm. Tal low firm. Butter steady; creamery 20X22c; State dairy 2022c. Eggs steady; State and Pennsylvania 17c; Southern at mark 15c. Potatoes steady : New York, fair to prime, sack, $2 00; Florida, prime, per barrel, $4 00 5 00; Jersey sweets per barrel, $2 50 5 00. Coffee Spot Rio steady ;No.7 in voice 5jc;mild steady; Cordova 8X 12. Suear Raw was firm ; fair refin ing 2c; centrifugal 96 test, 3 7-16c; refined steady. Rice firm. Cheese firm; new State full cream, small col ored and white, 12c. Cabbage quiet; Florida, barrel crate 75c$l 25. Freights to Liverpool-Cotton by steam 10c. Peanuts firm : fancy hand-picked 4c; other domestic S4c Cotton seed oil was affected by the drop in lard products and closed rather easy with a slight trade. Prime crude, f. o. b. mills 3738c; prime summer yel low 4546c; off summer yellow c; rime white 48c; prime winter yei ow 4950c; prime meal $28 5029 50, nominal. Ohio AGO, May 15. Chicago grain trade was a dull, drowsy affair to-day. In the abssnca of any business like animation and with reports of good weather for all crops lower prices re sulted. July wheat closed c lower; July corn c down and July oats io lower. Provisions closed 57o depressed. Chicago, May 15. Cash prices: Flour quiet. Wheat No.2 spring c ; No. 3 spring 75K76c; No. 2 red 82 84c Corn No. 2 62i62; No. 2 yellow 6264c. Oats No. 2 43 44c; No. 2 white 4646c; No. 3 white 45&46. Mess pork, per bar rel, $17 3017 35. Lard, per 100 lbs., $1Q 3710 40. Short rib side 3, loose, $9 709 80. Dry salted shoulders, boxed, $8 008 25. Short clear sides, boxed, $10 4010 50. Whiskey-Basis of high wines, 1 30. The leading futures ranged as u 1 tows opening, highest, lowest au closing: Wheat No. 2 May 75K,76, 74. 75c; July 7575&, 75, 75J. 75fc; September 74K74, 74, 73H735i, 73c; December 75?$ 75, 75&75, 7474, 74c Corn No.2, May 62, 62Js 61, 61 ; July 6363f8 63, 62, 62c; Sep tember 61K61, 61, 60, 61Hc. Oats May 43, 43X, 43. 43c ; July, old, 35$, S5H, 34Ji, 34Kc; July, new, 37, 37, S6J4, S6 ; September, old. 29X 29H. 2$29K, 2929s, 2929c; September, new, 3131, 31, 30 SOc. Mess pork, per bbl May $17 40, 17 40, 1730, 17 30; July $17 50, 17 57, 17 40, 17 43H; September $1760, 1765, 1752K. 17 53tf. Lard, per 100 lbs May $10 42K, 10 42, 10 35, 10 35; July $10 42, 10 45, 10 35, 10 37X; September $10 43, 10 45, 10 37J, 10 37. Short ribs, per 100 fts May $9 77. 9 77J, 9 75, 9 75; July $9 7R, 9 80, 9 72, 9 75 ; September $9 75,, 9 80, 9 75, 9 75. FOREI6N MARKET Ot Cable to the Mornins Bti; . Livebpool, May 14. Cotton: Spot moderate business; prices 1-1 6d higher; American middling fair 5d; good middling 5 7-32d; middling 5 3-324 ; low middling 5d; good ordinary 4d; ordinary 4d. The sales of the day were 7,000 bales, of which 1,000 bales were for speculation and export and included 6,400 bales American. Re ceipts none. Futures opened steady and closed quiet and steady; American middling (g o c) May 4 59-644 60-64d buyer; May and June 4 59-64d buyer; June and July 4 59-64d seller; July and Au gust 4 58-644 59-64d seller; August and September 4 53 64d buyer; Sep tember and October 4 S8-644 39-64d seJ'er; October and November 4 80-64d buyer; November and December 4 27 644 28-64d buyer; December and January 4 26-644 27-64d buyer; Jan uary and February 4 26-64d seller. - MARINE, ARRIVED. Steamer Highlander, Bradshaw, Fayetteville, T D Love. Schr C C Lister, 267 toes, Moore, George Harriss, Son & Co. CLEARED. Steamer Highlander, Bradqhaw, Fayetteville, T D Love. Steamer Compton, Sanders, Cala bash and Little River, S C, Stone, Rourk & Co. MARINE DIRECTORY. ft, tat f VhhIi tn lsi Port, of Wii Btacsesi. w c, My 16. SCHOONERS. O C Lister, 267 tons, Moore, George Harriss, Son & Co. Gem, 489 tons, Gray, George Harriss, Son 8c Ca JnoR Fell, 281 tons, Loveland, George Harriss, Son & Co. BARQUES. Kotka, (Nor) 857 tons, Ericksen, Heide & Co. C3 Bears tbe Slgn&tnre of roniA. ine-Mna Yon Have Always BUY THE BEST. Why tray shoddy goods at any price when I can sen you ice Dest muue ror less monev. It's a bad. Idea to suppose yon can't afford to buy the best. The best Is the cheapest al- I I Tne products of tne mannfactnrers I bay from has gained a popularity that Is wide spread ana observed. Always reaay to meet noness competition , t H. F. PARKER, ; FUSMITUHJE AHD FUHNIIUaK SOVXLTTJCS. ill Market street. . Inter-State 421. Bell Thone Bll my 11 tf A REAL BARBER SHOP. , Bnon is The Cllmax.n our Jnen are an graduates with the degree of A. B which means : ArUstlo Barbers. Our Piccaninny Polishers can slve your shoes a same that wni ut a plate-glass mirror to Bhame. Iverj thing ap-to-date, - - - . SUIOH tc -DAVIS. ap'ti. . ; - 1 south rrontst STATEMENT M OiCOW F1BE HBOBUd or Kusala. CONDITION DECKMBER 31ST) jg Btatsment' Filed 3 8a1r-,'sr Disbursements' ' to " p.ii in 85a 30: TotaL ' u fOTSJSL MlscellaT Kteka Trattenor renewed 'dur'i ni year, J983.493.06; In force ASSETS. Value of Stocka and Boncis (UnitM States, State, etc., ownd) . 9,1 "S and Bets due ana ac: BaSS.'???'WiJ Premiums uopald " AU other As3ete, detaiied "ln'sVatil '595.85 Less Assets, not admittea. . Total Awets ; j liabilities" Losses unpaid, . Unearned Premiums,.'.' Alutement!.i.Ut.1.ea .8S Triderl?!e8 83 t0 Surplus beyond aU Liabilities', '.'.'., Total T.fahlHf fAa 1.C-S50I 1w.010.01 BUSINESS ' IN NOHTfl' pa v'Ai 'l . I53- RISK written: Only re-lnsuranefihnain Lcss incurred: 'only reKS Manager, John B. Bedfield. Home Office. U. S. Branch No -1 . Street, Hartford, Conn. ' 8tai General Agent for service, J. H. Boiiws.r., WUmlogton, N. C. u"waiGHi, Business Manager for North n,..,, Laged from nartford office. M, STATE OF NORTH CAROLINA Insurance DkpaRTMCJt Ealeigh, February 17-19,, I, Jamjes R. YouNo, Insurance CommiMi. do hereby certify that the aboyeisTS correct alastract of the statement of a? ff14 cow Fire Insurance Company or nS.?s' filed with this Department, showing th S be?, lift!1 Cmpany n tie W wdSS Witness my hand and official seal tha and date above written. m JAMES R YOUVfl my 15 8t Insurance Commissioner. STATEMENT jq-ORTH BRITISH AND MERCANTILE IK aURANOE COMPANY, OF GREAT BRITab Condition December 31st, 1901, as shows bi Statement Filkd. Capital Stoe7c-Authorlzed, S15,ojo,co;; snh. 6cribed.J13.750.ooo; Paid in cash 437 500 Income From Policy-holders, $3. ' 829,825.79; Miscellaneous, $i,04B,- 772.63; Total ,.$ sarRoasw Disbursements To Policy holders Jl.894,818.38; Miscellaneous, Ji,- 002,653 85. 'lotal s R9f, fn 1- Rlsks written or renewed during ' ' year, WlMJe.sss.OO; In force....; 455,253 aoa oo ASSETS. Value of Stocks and Bonds (United States, State, etc. ) owned 4 "33 60t rn Interest aud Rents, due and ac- ' crued 53.su m Cash in Home office and deposited in B anks 90 28 Premiums unpaid 40i'thi'5b All other Aesets, detailed in ' statement..... , 6,(8! 13 Total assets ',$!i6,iroi LIABILITIES. Losses unpaid ,.s 38!i!073 Unetrned Premiums 2;83,3noi All other Liabilities as detailed In . statement 10,398.51 Total liabilities to pones' holders 2,6TJ,9!ea Surplus beyond all Liabilities s.ooe.au 12 T tal Liabilities 5,285,170.3 BUSINESS IN NORTH CAROLINA IN 1901, Risks written, ?1,8D3,733.00; Prrmlnms received, S15.759.16. Losses incurred, J8,C63.6l; Paid, $7,144 34, U. 8. Manager, E. Q. Richards. Assistant Manager. J. F. Hastings. Home Office, No. 70 William Strm, Nek York Crrx. General Agent for Service, J. Van B. Metis, Wilmington, N. C. Business Manager forNorti Carolina, M. 0. Seldon, Baltimore, Md. STATE OF NORTH CAROLINA, Insurance Department, Baleigh, February 17, 19i2. L James R. Yoitjg, Insurance Commissioner, do he. eby certify that the above is a true and correct abstract of the statement of tha North British and Mercantile Insurance Compani, of Greit Britain, filed with this Department, showlcg the condition of said Company on the aist day of December, 1901. Witness my hand and official seal, tbe di and date above written . JAMES R. YOUNG, my 15 V Insurance Commissioner New Goods. FIRST PAT. FLOUR, Second Pat. Flour, Straight Flour. RICE, SUGAR COFFEE, CANNED GOODS, SOAP. STARCH, &c. &c. Special attention to consign ments). S. P. McNAIR- my 9 tf Just Received NEW LINE TOILET SETS, Tsui Curtains, Curtain Polei, Half Curtain Sticks, Pictures. Decorated Lamp Hammocks, Clothes Baskets, Water Coolers and Leonard Cleanable Re frigerators. Lots-piece Enamel Beas expected daily. You are cordially invited to Inspect oar 'goods before buying, we guarantee to sell at row bottom prices. GASTON D. PHABBS, Interstate 'PhoneW. 110-112 Martetstreet, ap-satf - OLD NEWSPAPEES. You Can Buv Old NewsDauers in Quantities to Suit, at the STAR OFFICE Suitable for Wraopin Pauer and Excellent for Placing Under Carpet FOR RENT, ...Stores, Dwellings, Offices, $c, L. U'CONNOK. an 29 tt 593,950 7 159,6S't,
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 16, 1902, edition 1
2
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