Newspapers / Wilmington Morning Star (Wilmington, … / Dec. 4, 1902, edition 1 / Page 2
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WILLIAM H. BERNARD. WILMINGTON, N. C. ThubsdIt MoRjrnro. Dec. 4. HOW THEY DO IT. InTiew of the extraordinary crop of corn thiB year, 1,000,000,000 bushels larger than that of last year and the largest crop ever produced, the presumption would naturally be that we would hare cheaper meats, for we were told by the meat com bine when it ran the prices up last Spring that it was in consequence of the scarcity of animals for slaughter, occasioned by the short age of feed. This was denied by the stock men, who asserted that there were plenty of cattle on the plains and in support of their state ment they cited the fact of the large exports of beef to England, where it was sold at a much lower price than the Trust was demanding from home consumers, Bhowing that the scarcity of cattle was a mero pre tence to justify the advance in prices. Be that as it may, the Trust can- not now take refuge behind a scarcity of corn or a scarcity of cattle, for there is an over crop of corn and there is no complaint about a scarcity of cattle, but yet prices stay up and the marketer who buys meat pays as much for it as he did last Summer. But the Trust buys its cattle, hogs, etc., cheaper than it did last year, and therefore the stockmen and farmers do not reap any benefit from that. It doesn't pay, within two or three cents a pound, as much for meat on the foot as it paid last year, for the simple reason that it has the cattle men and farmers in its power, and regulates the market to suit itself. When the supply of animals runs low it puts prices up; this brings in the stock, the yards become crowded, and then it has the game in its own hands. The Chicago Inter- Ocean, a Republican paper, tells how it does it in the following reference to the market reports of the day be fore: Taking advantage of these heavy re ceipts, the packers have worked in harmony and depressed the mark-'. For the past three weeks they have maneuvered to secure low-priced hogs to fill their sales of January products. Two weeks ago, for several days, there was no bavins: of stock by the pack er. All the cent in the yards were fall and the report spread that the market was demoralized. When the shipper were becoming: desperate the packer finally stepped in and pur chased their regular supplies at much reduced prices. The houses ran at their utmost capacity for a couple of days, and then there was another si multaneous unwillingness to purchase. Prices went still lower, and the pack ers again purchased. Cattlemen and farmers who ship their live stock to Chicago, Omaha or Kansas city have to feed them until sold and of course they can't afford to keep them long even if they had the privilege of doing so and consequently they are compel- led to sell to prevent the animals from eating themselves up. The Trust people know this and there fore they are in no hurry to buy, although the sellers may be in a hurry to sell and get ont whole, which they may consider themselves lucky if they do. Ten or twelve years ago a Senate committee sent to Chicago to inves tigate the alleged Trust methods of gouging the cattlemen and farm ers, reported substantially that it had an organized system of putting prices up to entice shipments and down when the market was stocked, pretty much as is stated in this ex tract from the Inter-Ocean, bo it seems that it is an old game it is playing. In view of the fact that the Trust controls, by these methods, both the price of live animals and of slaught ered meat, and makes the price of both such as to give it an exorbitant profit, what has the action taken by Attorney General Knox last Spring amount to? This action was taken with a grand flourish; injunctions were asked for, and in one instance granted, but the Trust went on with business all serene as if nothing was happening, or likely to happen. It coolly announced that if the courts persisted in pursuing it, it would simply dissolve, consolidate and do business after the fashion of the U. S. Steel Trust, which is otherwise known as the TJ. S. Steel Company. This new combine would embrace all the large packing houses of the country, and be strong enough to absorb or crush any that showed a disposition to compete or interfere with its prices. It had about com pleted that scheme (which was post poned pending the Fall elections), which was to go into effect January 1st, but the Swift Company kicked because the slice offered it wasn't big enough to suit. This caused a hitch, which it is said will be over come as J. P. Morgan has under taken the job of fixing up and financiering the combine. As we hear no more of court pro ceedings against the Beef Trust, al though it Is cutting quite as wide a swath as it did before the law officers of the Government tackled it, we take it for granted that they have retired from the contest, without having made any movement to pros ecute the individuals of the Trust who paid so little attention to the oonrt proceeding!, and testified only to' what they; felt like testifying to and put their books beyond the reach of the court officers when they were called for to establish some charge. The court officers couldn't find the books, but the Trust man agers and' magnates were within reach and might have been brought into court, arraigned and punished for contempt, and they could also have been punished under the anti trust statutes. If something like that had been done the court pro ceedings might have amounted to something and not proved the fizzle they did. Outside of the movement by the law department of the goverment, which has proved a failure as far as material results go, there has been on movement nor any suggestion from Bepublican sources to relieve the public from the extortions of this Trust, or to make it deal squarely with the stock raisers and farmers, or with the meat consumers, both of whom it squeezes. We have had an object lesson from Engtand, where as a result of the sucessful method of shipping Argentine beef to English markets, and the modified regulations per mitting the shipping of live cattle, the Trust is confronted with com petition, and the English people get cheaper meat. They might try the virtue of competition in the interest of the American people by remov ing the tariff protection the Trust now has and see how that would work. But the Bepublican states men have no idea of doing that. FREE ANTHRACITE. In discussing the tariff question in his message the President pur sues a very cautious and non-com mittal course, but he draws the line on anthracite coal and does not hesi tate to say that "in my judgment the tariff on anthracite coal should be removed and anthracite be put actually, where it is now nominally, on the free list. This would have no effect at all save in crises, but in crises it might be of service to the people." People, even a good many of the statesmen, were under the impres sion that anthracite was on the free list until in the strike crisis people who needed it imported it from Wales and found that they had to pay a duty of 67 cents a ton on it, which very naturally took them by surprise, and then inquiry began to be made as to why they had to pay duty on coal which was on the free list and it was discovered that Senator Quay had been doing Borne hocus- pocussing on the other Senators, and had a little clause inserted which practically put anthracite on the dutiable list, while it was nom inally free. And that's how it hap pened. A good many of the Sen ators didn't know anything about it, and were under the impression that it was on the free list. It was a sheer swindle. The President is therefore right in saying that the swindle should be remedied and the coal be put actually where it is nom inally, and where people thought it was until they discovered to the con trary. But If anthracite, why not bitum inous coal? There is really no more need for a tariff tax on one than on the other. It would, to quote the President, "have no effect save in crises, but ia crises it might be of service to the people." There are strikes in the bituminous mines, which are being taken in by trusts, and there is conges tion of traffic which run the price of coal up, when if it were free of duty, supplies might be drawn from neighboring coal producing count ries. This coal does not need tariff protection for our coal can be mined and put upon the markets a cheap ly as It can, under existing condi tions, be imported. In suggesting that anthracite be put upon the free list, and in the reason he gives for it, the President has opened the way to put a num ber of things on the free list nec- cessaries of life the reason he gives in the case of anthracite being equal ly applicable to them "in crises it might be of service to the people." It would keep down the combines and prevent them from extorting from the people. In a habeas corpus suit where a a husband wanted possession of a daughter who was with her mother, an Indiana Judge decided that a mother's love and care were more to a daughter than all the good living, clothes, &c, that a father could give her and gave the child to her mother. His head was level provid ed the mother was the right kind of a mother. Mr. John D. Rockefeller was much gratified at being elected hon orary member of the Tarry town, N. Y., fire department. He says he has always wanted to be a fire boy. Everything comes to him who waits. When Mr. Flagler was a youth his ambition was to be a hotel man, and now he owns a string of the nobbiest hotels in the world. At the present price of silver bullion the American dollar would weigh out about 36 cents, but it goes all the same, goes a good deal faster than some of us want it to. . For laOrippe and In fluenza use CHENEY'S EXPEOTOBANT. rorsalatoyj, O. gaapard. ME. HOLTOV'S SCHEME. - . District Attorney Holton's scheme to prosecute Democratic registrars who refused to register negroes whom they didn't believe entitled to regis tration isn't causing much of a sen sation, because it is simply playing over again the old game the Repub licans have frequently played in this State when beaten at the polls. They look upon the Federal courts as po litical machines and try to utilize them for political purposes. This is the view that is taken of Holbn's scheme to prosecute these registrars, which will be a failure, if attempted, a view held not only by Democrats but by some Republicans. When asked by the Washington cor respandent of the Raleigh Post what he thought about it, Congressman Blackburn (who was defeated for re election) replied: "I don't think about this subject at all. I see no reason for bringing the federal court and it officers into dis repute by playing with violators of the law only long enough to arouse the public mind and tarn around and not prosecute them to please a few pretended adherents to the Bepublican cause. It will simply mean a further expenditure of the people's money to defend election officers who violate the law under the direction of their leader We have had sufficient ex periences In the indictmeut of Demo cratic registrars unless they can be prosecuted. Peace purchased In this way is very costly and very unsatis factory in its results, provided a man happens to be a Bepublican. We have had farce enough. The Republican party 1 either something or nothing. If It is only a football to be kicked from one party to another and have no settled policy, then It behooves every one to cling to whatevr broken spar he can find." This is a Bepublican view of it. In answer to the same correspond ent Senator Simmons expressed himself at some length, and is thus quoted in part: "The action of the Bepublican leaders in seeking to indict Demo cratic registrar for not registering negroes is In keeping with what the Democrats predicted all daring the last campaign, we said they would try the lily white movement, and If it did not bring success or did not hold- out reasonable hopes of success in the near future, they would return to the negro again. That movement has proved a dismal failure in the State and has been repudiated by the national Re publican administration. The leaders now propose to abandon that policy and to look again to the negro vote for success. There is another meaning to this movement. The Bepublican lead era, finding themselves in disfavor with the administration on account of the lily white movement, have adopted this course to re-instate themselves in the good favor of President Roosevelt, who has become a great champion of the negro. "These proceedings against Demo cratic registrars is the Bepublican way of conciliating the negro and currying favor with Roosevelt. They hope to make the Democratic registrars scape goats They will not succeed, but that fact doe not relieve their effort to do. by implication what they have not the courage to do openly on account of tbeir pusillanimity. Whenever the Republican get beaten in North Caro lina they cry 'Fraud' and rush to the Federal courtr, but our while people are not to be terrorized by political persecution. "The Democratic party believe that the registrar have discharged their duty faithfully and honestly. They nave given the state as fair an elec tion a was held in any State in the Union, and it will stand by these faith ful officer and protect them against this Bepublican scheme to placate the negro and the national administration by persecuting these honest and faith ful officials." Mr. Holton's scheme is too trans parent, and the probabilities are that it will fall through before it gets well started, but it will fail whether it fall through or not. BOOS HOTICES. The Smart Set for December sus tains its reputation for sorightliness and smartness presenting one hundred and cixty page of matter, every page or which la interesting. Published by the Ess Ess Company, 453 Park Ave nue, New York. The December, or Christmas num ber of Frank Leslie's Monthly is a handsome and Interesting one, filled with attractive reading matter, co piously and artistically illustrated. Address the Frank Leslie Publishing House, 141-147 Fifth Avenue, New York. A usual The Atlantic Monthly, for December presents an interesting and valuable list of contents, miscellane ous in character and excellent through out. There are many articles for the thoughtful reader who reads more for Information than mere pastime. Pub lished by Haughton, Mifflin and Com pany No. 4, Park street, Boston. The Pilgrim for December is a beau tiful number, artistically illustrated and filled with charming reading mat ter. One of the articles which will interest the North Carolina reader is 'The Women of the Mica Country," illustrated, which tells about mica mining, etc., in Western North Caro lina. Address The Pilgrim Publishing Company, Battle Creek, Michigan, A Coatly Bllatak. Blunders are sometimes very expen sive. Occasionally like itself is the price of a mistake, but you will never be wrong if you take ur. King's Mew Life Fills for Dyspepsia, Dizziness, Headache. Liver or Bowel troubles. They are gentle, vet thorough. 35c, at B. B. Bellamy's drug store. t wot Tr soctr tmii Mas. WnrsLOw's SooTHnra Btbup 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 allay all pain; cure wind colic, and Is the best remedy for diarrhoea. It will relieve the poor little sufferer Immediately. Sold by druggists in every part of toe world. Twenty-ttve cent a bottle. Be sure and ask for "Mr. Winalow's Soothhu? Svrun." and take no other kind. - OAOTOZIIA, TL. J tl t i a . l Bears tli m hinB '0B na Aiwajs. BODgW as OKUOIOUS 4 Pure, Palatable, Popular. Millions are Eating Malta-Vita. Malta-Vita is the original and only perfectly cooked, thor oughly malted, fiaked and toasted whole wheat food, and is manufactured under letters patent. Insist on getting Malta Vita, the perfect food, manufactured by the MALTA-VITA PURE FOOD CO., Battle Creek, Michigan. , Toronto, Canada. SPIRITS TURPENTINE, Clarkton Express: Mr. B. J. Mitchell, of Cypress Creek, must be the champion turnip reiser in the county and probably in the State. He raised one that measured 14 inches in length. 28 Inches in circumference and weighed 10 pounds. Kinston Free Press'. Honey suckle blooming in December is a rare sight, but it is a fact that there is plenty of them this year. Mr. GL Li. Kil Patrick tell u that he saw a lot of them in full bloom on the road be tween Kinston and Grifton. Washington Gazette: Work on the new railroad between Newbern and Bavboro. via Aurora, has com menced in earnest. The work of grading ha commenced on the New bern end and the material for the con struction of the bridge across Neuse river is already upon the ground. Ooldsboro Argus: The price of tobacco is somewhat off. but as the crop has been mostly marketed and at high prices, which the farmer got the benefit of it make little differ ence to the farmer now, a he i able to count his caah profits and feel good over not having held hi crap back when prices were good. Monroe Journal: John Marsh, colored, convicted of an assault upon Alice Carelocr. colored school teacher, during the last week in October, lies in the Union county jail under sen tence of death to be banged on Jan uary 6th, 1903. between the hour of 10 to 2 o'clock. The counsel for the prisoner took an appeal to the Supreme Court, and this will of course stay the sentence for sometime. Lumberton Robesonian : Mr. Co. Basr, aged 60 years, dropped dead near Ashepole Monday about noon. No particulars have been learned ex cept that he was travelling the road and dropped dead suddenly. Heart disease Is supposed to have been the cause. Mr. Bass was a sharpshooter of the Confederate army during the civil war, rendering his country faithful service. Mr. U. F. Grantham, of McDon alds, while in town yesterday, told us that during the past year he had tried peanuts as a food crop for hogs and found it so satisfactory that he and most of his neighbor would plant more largely next year. It is not only a cheap crop to cultivate, but it give the best returns for forage and food purposes. For milk cattle, a well as hogs, it scarcely has an equal. Newbern Journal : Sunday evening, people below Wilkinson's Point on the Neuse river, observed two young men in a sau Doai wmca bad apparently come out of Hancock Creek, on the opposite side of the riv . a i a. t ? er, trying to make the shore. One was doing the sailing, tne outer Dau ing out the beat, and both boat and men shortly afterwards disappeared from sight. The water was dragged later on, but nothing was round, neither was there anything visible of boat or content. While nothing could be learned last night, it was thought that the occupants of the boat were Cain and Abel Powell, who live near Croatan, and who were in the habit of crossing the neuse river to visit on the east shore. CURRENT COMMENT. The white Bepublicans of North Carolina feel that they have been ruthlessly deserted by the ad ministration. They were patted on the back while engaged in putting on their armor, and given the hoarse hoot when the ambulance called for them. Washington Post, Ind. Rflnator Prifcehard. "of North Carolina, expects President Boose- velt to change position on the "iny otIiUa" lsana vA with titm an fai VT 1X1 VU lOOUO CUA nifU J v far as North Carolina is concerned. Shouldn't wonder. The Frseident does change around sometimes. Richmond Leader, Dem. "As for pecans," observes the Washington Post, "we venture to bsv that Arkansas produces the best, though those of the Sabine Biver (Texas) bottom and the Louisiana alluvial lands are very little inferior. In these regions one finds the long, thin-shelled nut, which you can crush between your thumb and first finger." ion ven ture to say what you know nothing about. We have Been this weeic pe cans grown in South Carolina nearly as large as hen eggs. Do you know of any "best" that is better than these r Charleston Jvews ana cou rier, Dem. Revolution Imminent. A sure sign of approaching revolt and serious trouble in your system is nervousness, sleeplessness or stomach unset. Electric Bitter will quickly dismember the troublesome causes. It never fails to tone the stomach, regu late the Kidneys and Bowels, stimu late the Liver and clarify the blood. Bun down systems benefit partlcular lv. and all the usual attending aches vanish under it searching and thor ough effectiveness. Electric Bitters i only 60 cents, and that is returned if it don't give perfect satisfaction. Guaranteed by B. B. Bellamy, drug gist, t DB.PIERCES dBOtLCDErrj - yrmr&r f FOR.THE prOOD, LI VER.LU NGS. .vu i. AND ItOURieMlHO. TWINKLINGS, Mrs. Dick "Did you and Joe have good sport?" Dick "Well, we didn't get any game, but we didn't shoot each other." Chicago Tribune Editor Was Longwynd's ser mon exhaustive f Beporter Exhaus tive! You never saw an audience so nearly worn out in your life. Los Angeles Herald. She "My mind, I'd have you understand, is on something higher than my dress." He "Oh. is it? On your hat. I suppoje?" Philadelphia Evening Bulletin. O'Crit I believe in prohibition myself. Beuben Wonder you ddn't practice it, then. I saw you in Gin sling's saloon this morning. O'Crit Yes er I wasn't myself this morn ing. Philadelphia Press. "Why did you laugh at his joke? It was not funny." "I know it. But if I did not laugh he would think I did not see the point and would tell it again." Brooklyn Life. tin impressed. "What kind of ducks are these T ask ed the visitor in the ornithological de partment at the museum. "Labrador," said the attendant. "We paid $1,000 for those two specimens." "Gosh!" exclaimed the visitor, turn ing to his wife. "He says they paid $1,000 for eni. I've bought finer ducks for half a dollar many a time. What have you got 'em in that glass case for?" he inquired, addressing the guide again. "Because they are about the most notable exhibit we have. Those birds were shot in 1S5C, Labrador ducks are now extinct." "He says," exclaimed the visitor, turning to his wife once more, "they put 'em in that glass case because they haven't a pleasant odor. And I don't wonder at it. They were shot in 1S5G." Chicago Tribune. Two Strong Reasons. Ascertain Scotch minister In a west highland parish has never yet been known to permit a stranger to occupy his pulpit. Lately, however, an Edin burgh divinity student was spending a few days in the parish, and ou the Sat urday he called at the mause and asked the minister to be allowed to preach the following day. "My dear young man," said the min ister, laying a hand gently on the young man's shoulder, "gin I lat ye preach the morn and ye gie a better sermon than me my fowk wad never again b satisfied wi' my preaching. and gin ye're nae a better preacher than me ye're no' worth listening tae." His Open Eye. A man the other day went to a Bos ton dentist to have a tooth extracted and decided to take gas. The doctor administered the hypnotic, and the man soon appeared to be under its in fluence, but he continued to keep one eye open. This worried the doctor, and he gave the man more gas. Still the eye re mained open. "Shut that eye," said the doctor finally, losing patience. "Can't," said the man in a drowsy voice; "it's glass," To Color Mahoeaqj, The natural color of inahogany when it is too light may be deepened by applying a mixture composed of a half gallon of water, four ounces of madder and two ounces of fustic. Boil and apply while hot. While it is wet streak the grain with black. This will give new mahogany quite the coloring of old. Precocious Vootb, Mother What's baby crying about, Jane? Nurse I don't know, ma'am, unless it was what the parlor maid said. She remarked tbat Willie looked like his pa, and I'm afraid Willie beard her. Exchange. A Sufferer. "Yes, Pilcher broke down and had to go away for his health." "What was the matter with him?" "Every complaint known to man." "How could that be?" "He was a rental agent." Indianapo lis News. The Poor Tailor. "Your tailor is a micrhty poor one." said an Atchison woman to Imt hus band. "This is the third tinif I've sewed on this button." Atchison Globe. Every baby is the sweetest baby In the world. You wore once considered the sweetest thing in the world, al though you may not look it now. All who use Atomizers in treat ing nasal catarrh will get the best re sult from Ely's Liquid Uream Balm. Frice. inciuding-spraymg tubs, 75 ct. Sold by druggists or mailed by Ely Utos., 56 warren at., is. x. New Orleans, bept. i, isoo. Messrs. Ely Bros.: I sold two bottles of your Liquid Cream Balm to a customer, Wm. Lamberton, 1415 Delachaise St., New Orleans; he has used the two bottles, Riving him won derful and most satisfactory results. t Geo. W. Modtjff, Pharmacist. The Bast FreserlpUea for malaria' Chills and Fevers is a bottle of Grove's Tasteless Chill Tonic. It is simply iron and quinine in a tasteless form. No cure, no pay. Price. 50c satu th ., O TOUIA. Bears the The Kind Yon Have Always Signature of . COMMERCIAL WILMINGTON MLAK H fQ noted officially at the closing by the Chamber of Commerce. STAB OFFICE, December 3. SPIRITS TURPENTINE Market steady at 50jc per gallon. BOSIN Market firm at $1.30 per barrel for strained and $1.35 per barrel for good strained. TAB Market firm at $1.50 per bar rel of 280 lbs. CRUDE TURPENTINE Market firm at $1.75 per barrel for hard, $3.00 for dip. Quotations same day last year Spirits turpentine nothing doing; rosin firm at 95c$1.00; tar steady at $L20; crude turpentine steady at $1.10 2.00. EEOKIPT8. Spirits turpentine. 66 Rosin 187 Tar 251 Crude turpentine 123 Receipts same day last year 73 casks spirits turpentine, 206 barrels rosin. 322 harrnla tar- 77 ha r mis nmHfl turpentine. COTTON. Market firm on a basis of 7?c per pound for middling. Quotations: Ordinary....: 5 cts. ft Good ordinary 6 " " Liow miucumg Middling 7 " " Good middling 8 11-16 " " Same day-last year, market firm at 7c for middling. Receipts 1,525 bales; same day last year, 2,361. Corrected Regularly by Wilmington Produce Commission Merchants, prices representing those paid for produce consigned to Commis sion Merchants J PTCANTTTS Nnith Hamlina Krm r . A Star pounds. Virginia frime, cue; extra prime, 65c; fancy, 70c. Spanish (new), 6570c. ' CORN Finn; 6567c per bushel for white. N. C. BACON Steady ; hams 15 16c per pound; shoulders, lO&c; sides, 10311c EGGS Firm at 2122c per dozen. CHICKENS Firm. Grown, 30 85c; springs, 12 & 25c. TUBKEYS Firm at 10llc for live. BEESWAX Firm at 25c. TALLOW Firm at 56c per pound. SWEET POTATOES Dull at 60c per bushel. FINANCIAL MARKETS Br Telesranh to the Morning Star. tfnw Yobk, Dec. 3. Money on call was firm at 37 per cent. ; the market closing offered at 4 per ct. ; time mony firm 60 days 6 per cent., 90 days 6 per cent , six months, 6 percent. Prime mercantile paper 6 per cent. Sterling exchange was quoted steady, with actual busi ness in bankers1 bills at 487 20 for de mand and 483 60 for sixty days. Po3Ud rates were 484K and 488. Commercial bills were 482483X- Bar silver 47 . lean dollars 37. Govern mem is steady. State boo da were steady. Bailroad bonds irregular. U. 8. re funding 8's, registered, 107&; U. 8. refunding 2's, coupon, 108; U. 8. 8's, registered, 107 j; do. coupon, 108; U. 8. 4's, new registered, 185 li; do. eouDon. 135 U. P 4's' old. racris- rnrsn a i it n r nmirrj u ax. i t m 5'p, registered, 103j; do. coupon. 103'; Southern Railway, 5's, 118. Stocks: Baltimore & Ohio 99. Chesapeake & Ohio 46 ; Manhat tan L 150; New York Central 154; Beading 59; do. 1st preferred 86; do. 2nd preferred 75; St. Paul 175X; do. pref'd, 190; Southern Rail way 326; do. pref'd 92; Amal gamated Copper ex dividend 57; People's Gas 101; Sugar 120: Ten nessee Coal and Iron 56; U-8. Leather 12; do. pref'd, 88 ; Western Union 87; U. S. Steel S6X; do. pref'd 83 X; Virginia-Carolina Chemi cal ; do. preferred, 124; Stand ard Oil, 665674 Baltimore, Dec. 3. Seaboard Air Line, common, 26 5 26; do. prefer red, 44 45; bonds, fours, 84 asked. NAVAL STORES MARKETS. Bv Telegraph to the Morning 8tar New Yobk, Dec. 3. Bosin steady. Spirits turpentine steady. Charleston, Dec. 3. Spirits tur pentine a)d rosin unchanged. Savasbah, Dec. 3. Spirits turpen tine firm, quoted at -50c ; receipts 508 casks; sales 300 casks: exports 162 casks. Bosin firm; receipts 2,823 bar rels; sales barrels; exports 843 barrels. Quote: A. B. C. D. $1 40. E, $145; F, $1 50; G, $1 60; H, $180; i, 2 05;K$2 55; M, $3 00; N, $3 50; W G. $3 75; WW. t4 15 COTTON MARKETS. er xsiezraon to the Morning: star New York, Dec. 3. The cotton market after opening four points high er to three lower became unusually unsettled and decidedly weak. Long cotton came out freely and selling for short account was also an active feat ure. This was in the face of cbl s which on the opening advices were expected to make an advance of five points in our market. It was alleg ed that there had been a leakage as to the government's report of the cotton crop. This report caused heavy selling and the day's transactions were exceptionally large. At the weakest in.erval the decline was a matter of eighteen to twentv-fivn points; this was after the announce ment of the bureau crop estimate of 10,417,000 bales. It was argued from this that the commercial crop in offi cial showing could not be less than 10,700,000 bales. The immediate ef fect of the report was a break of five to six points within five minutes after its announcement. Then the market rallied quite sharply. It appeared from the incoming reports from the spot markets of the country that they were not responding to the speculative decline. On the apprehension that the market had been oversold there was an active covering movement and commission houses were also heavy buyers, xne market rallied shmlv and closed steady, with the net lots re duced to seven to eleven points. Total sales futures 450,000 bales. Nw Yobk, Dec. 3. Cotton quiet at 8.65c; net receipts 3,716 bates; gross receipts 9,579 bales; stock 113,750 bales spot cotton market closed auiet: middling uplands 8.50; middling gulf 8.75c; sales 600 bales. Ootton futures closed stead v Daeem ft 111 Anvil RID M 1Q Tnn.OtO T 1 a n . n nif Total to-day, at all seaports Net re ceipts 58,950 bales; exports to Great Britain 11,333 bales; exports to France 81,169 bales; exports to the Continent 11,795 bales: stock 1,048,764 bales. Consolidated, at all seaports Net receipts 224,834 bales; exports to Great Britain 55.863 bales; exports to France 39,431 bales; exports to the Continent 48J64 bales. Total since September 1st. at all seaports Net receipts 3,798,988 bales; exports to Great Britain 1,065,863 bales : exporta to France 808,124 bales ;exports to the Continent 1,117,492 bales. Dec, 3. ualveston. easy at 8 8-16. net receipts 8,945 bales; Norfolk, quiet at8 3-16.net receipts 4,232 bales; Baltimore, nominal at 8Vc. net re-
Wilmington Morning Star (Wilmington, N.C.)
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Dec. 4, 1902, edition 1
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