Newspapers / The Wilmington Messenger (Wilmington, … / Dec. 17, 1897, edition 1 / Page 3
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THE-OT-LffiTGTOi UED3EHGDIU FltfDAY, DECEMBER 'i? 1CD7. : V Fresh Goods JUST ARRIVED BY STEAMER. Q Edam Cheese, Roquefort Cheese, English Dairy Cheese, Neufchatel Cheese, Twiss Cheese. Fresh Ginger Wafers, Fancy Cakes. WE ALSO, HAVE A SELECT AS SORTMENT! OP filMHDgliHilCO.'SMS THEY ARE "HIGHLY RECOM MENDED AND "WE WOULD LIKE THE TRADE TO TRY THEM. CALL AND SEE OUR NEW GOODS The Ji L BOflMI CO. 15 AND 17 S. FRONT STREET. ; Both Phones No. 14. no 17 A Large and Varied Assorlmeat HOLIDAY - I10VELTIES, COLOGNE EXTRACTS, CUT GLASS BOTTLES, SOAPS, POWDER BOXES, HAIR BRUSHES, WHISKS, PIPES, &C. ASK TO SEE THE "KEEP CLEAN" HAIRBRUSH. E 126 SOUTH FRONT STREET, PHONE 55. P. 3. STORE WILL BE OPEN ALL DAY TODAY. do 12 S. ,P. McNAIR, WHOLESALE GEOCEE A5D i - r Commission Merchant -- t SIN. Water Et.,.WIlminKton.N.C.: Oilers to the"-; Trade: FEED OATS. FLOUR. NAILS, SHOT. SUGAR, CANDIES. CRACKERS, CON CENTSATED LYE, BUTTER, MOLAB EES, VINEGAR. PEANUTS, CORN FISH, BAKING POWDER, MATCHES CANNED GOODS. COFFEE, 8PICE8 AND RICH. ' r r'Vkl 33a2; con and see le or m mi puces ona-Terir JuIqT Felt Suppers! A swots FELT - SLIPPERS And Wool Soles, -5 rv Over - Gaiters BICYCLE : LECOIIICS, Of de 4 m ABOUT YOU? ' It is not only fashionable, but extremely easy to " cry down mo nopolies and -trusts at the present time, but the average business man as Tell as the average working man, is only consistent as far as the crying is concerned, and then he stops. They will spend several hours in discussing the hold mo nopolies have' on the people, and what remedies should be adopted, and then they give the preference of their trade to the very monopolies they have been howling against.The different attempts which have been made in the oil business is an ex ample which can well be cited. "Every time an oil company has ; started in this state, the business men have promised them their sup rrrt gnd pvprv time when the Standard Oil Company'came in and , cut prices in oraer to ireeze uui their rivals, the business men, en masse, have deserted the new com pany and gone, bag and baggage; to the old company and assisted them in doing their dirty work, only to suffer even more, eventual ly by having prices raised still bigher af tetr the competition " is ' throttled. This is a matter of rec ord, throughout the entire United States, and the Standard Oil Com pany, knowing the weakness of the business men in ' this respect will coutlnue in the future, as they have in the past. I III! no t wmm PHftRMAGY noil Goiiion NORTH CAROLINA. Brittain Bros, chipped four car loads of -cattle to Richmond, Va., Wednesday, says llhe Cherokee Scout. - Mr. . A. Chatham, of Elkln, gathered this year 650 bushels of corn f rom twelve acres of 'bottom land, an average of fifty four bushels -per acre. - The HendersonvUle Hustler under stands . that Judge Norwood has been .tanking up some more. It was at Cher okee "or Graham court. The mountain fires did' considerable damage to the new WalhaDaa road, at Highlands, Macon county,, by the bu ru ling of breastworks and. bridges, says The Press. Shelby Aurora: The prospects are now good for the extension of the Gaffney branch of the O. R. & C railroad to Spartanburg by the way of Clifton and Giendale. , - Chattanooga News: North Carolina's negro congressman. Is opposed to annexa tion of Hawaii upon the theory that we ihave negroes enough and that all coons look alike. The Morgantort Herald. Is Informed that the new railroad from Shelby to Morgan ton is assured, and tfhat the work of construction will begin Shortly after the holidays. Burlington (News: Treasurer Worth, since (he lost -his pocket book and It was found with railroad passes In it, has taken to paying his fare on the Southern. When caught hei&ult riding on passes. The Ashevile Citizen learn that a lit tle son of Chas McAfee, of Candler's, "Buncombe county, fell on a pocket knife while playing and stabbed himself in - the breast. Death resulted from1 Internal bleeding. , ' ' I Hillsboro Observer: "Bishop Cheshire, of the North Carolina diocese of the Epis copal church, visited this parish Sunday morning and preached to a large, congre gation. . His sermon was a good one, and was attentively listened to. He adminis tered the rite of confirmation to a class of eleven. r - - Charlotte Observer: About 3 p. m. Mon day Morgan ton was the scene of a shoot ing affray which may terminate fatally for one of he participants, ancL came near seriously injuring Mr. Frank P. Tate,, who, being attracted to the win dow of his home by the firing, was struck by a spent ball. The participants in the 'affray were Felix Remimng, Henry Moore and George Avery, all col ored. Tflemming was shot . twice once through the lower Jaw and neck, the ball lodging in the back of the neck. George Avery "ha'd one bullet in his leg. Moore was not Injured. - Danbury Reporter-Post: Mr. Joel. F. Hill, a prominent citizen of the county, has fallen a victim to a most distressing disease. A few days eince he had occa sion to read a newspaper, wfltien lie found That be had not -tne (remotest remem brance of the art of reading. This is a rare disease -and probably t'he only in stance of its occurrence In this part of the state. The disease is pronounced by Dr. W. V. McCain less ito be aphasia, or tfhe entire obliteration of itihat faculty of the mind pertaining to letters. Mr. Hill is one of the best known and most re spected citizens of the county. Raleigh News and Observer: Two ne groes, George Brown and Isaiah Harri son, got into a row in the market house yesterday evening, between 6 and 7 o'clock, and Brown used a butcher knife on 'his antagonist with what was at first considered deadly effect. He cut Harri son three very ugly gashes on the "back of the head, The wounds were so serious t'hat i)ho man was at once taken to Rex hospital, where he was resting quietly last night at 3 o'clock. The physicians say he will recover.. He is about 28 years old. Mr.. John Armstrong, formerly of Raleigh, but .for several years a resident of Columbia, S. C, died suddenly In that city yesterday morning of heart failure. Mr. Armstrong was for years a deacon of tfhe First Baptist ctaurch of this city, a'nd faiUhfuMy served that c'hurdh until he left for the south. (He was an excel lent man, Irish born, aged (is years.) The people of Halifax county are won dering why the penitentiary authorities turned off Underwood at t)he state farms and then, put Mq. Dockery in a nameless office at ?40 per month, was it because he is a brother of the chairman? And why do they retain Hughes,, who, it ds said, has made art overseer of a convict and who lias degraded a Halifax county man, Mr. Moseley, a gentleman of excel lent family, by making Ori-m carry water to the convicts, and actually belp pick cotiton? It is also eaid that Hughes has fitted" up a room in the supervisor's res idence for his cook, and. there are some other things connected with this matter that the executive committee Should in quire Into. ' Having used three bottles of P. P. P. for impure blood and general weakness and having derived great benefit from the same, having gained 14 pounds in weight in four weeks, I take great pleasure in recommending It to all un fortunate like "fours truly, ' JOHN MORRIS. Office of J, N. McElroy, Druggist, Of Jando, Fla., April 20. 189L Messrs. Lippm&n Bros., Savannah, Ga. Dear Sirs: I sold three bottles1 of P. P. P. large size yesterday, and one bot tle small size today. The P. P. P. cured my -wife of rheu matism winter before -last. It came ack on her the past winter and a half bottle, 51 sizerelieved her again, and she has not had a symptom since. I sold a bottle of P. P, P. to a friend ot mine, one of the turkies, a small one, took sick and his wife gave it tea spoonful, that was in the evenin- and the little fellow turned over like b . was dead, but next morning he was hollow ing and well. '. Tours respectfully, j. n. Mcelroy. Savannah, Ga., March 17, 189L Messrs. Lippman Bros., Savannah, Ga. Dear Sirs: I have suffered . from rheumatism for a long time and did not find a cure until Ifound P. P. P., which completely cured me. . Tours truly, . -. .;. ELIZA JONES, 16 Orange St., Savannah. Ga. Kinston Free Press: The gin house of Mr. E. E. Rouse was burned Friday ev ening about 3 o'clock, supposed to have caueftit from a spark from the engine. Loss about $800 or $1,000; insurance $300. Besides six bales of cotton and -2,000 bushels of cotton seed belonging to Mr. Rouse, there were also burned one bale of. cotton belonging to Mr. W, F. Stanly; JoWhua Dawson, two bales; John 'Cade, one bale, and wriey Dawson, one oaie badty damaged. ELY'S CREAM BALM Is a positive cure. Apply into the nostrils. It is quickly absorbed. M cents at vrnggists or 07 mau ; samples iuc dj mau. ELY EKOTIiEJiS, 66 Warren SU, New York City. Executors' Notice I rP HE UNDERSIGNED HAVING THIS day qualified as Executors of the will of David G. Worth, deceased, hereby notify all persons holding claims against said David G. Worth to present the same to them for payment on or before the 10th day of December. A. D.. 1898, or this notice will he plead in bar of their recov-. ery. This December 9th, 17. CHARLES W. WORTH, JAMES S. WORTH. Executors of David G. Worth, Deceased. de 10 Iw wckly 5w k A Pleasant Eyejiing' gives a delightful finish to the day. Noth ing is more agreeable than music when it emanates from tho ffiiiiier-f? which ara the finest home instruments In this country. Everyone who has pur-i-hjsoH a Pisina from us is huzhlv leased with the result. It's quite Impossible for an Inferior piano to masquerade as some thing better. It hag neither quality, tone nor durablltly. The Stieff Piano sells on its own merits. . . Standard Organs. Tuning and repairing, Accommmodatlng Terms. V CHARLES M. STIEFF. BALTIMORE 9 N. Liberty St. WASH rN GTO N 521 Eleventh SL, N.W HUKi"ULit., va. lis Mam Bt. CHARLOTTE, N. C 213 N. Tryon St no U Zzx . - , .. : - wnmnGTon daekets. COTTON REPORT. Wflmington, N. C ecember 14. Receipts of cotton today 2,005 bales. Receipts same day Oast year 1,066 bales. This season's receipts to date 246,562 bales. - Receipts to same date Hast year 194,794. 1dl1gs The quotations posted at 4 o'clock today at the exchange. Cotton, quiet. . Ordinary........ 2 15-16 Good ordinary 44 ' Low middling...... 4 15-16 Middling........ ........ .............. 6 Good middling .....5 Same day last year, 6c NAVAL STORES. Spirits turpentine Machine barrels firm at 30c; country barrels firm at 30"4c " Rosin quiet at L15 and $L20. Tar firm at $L05. Crude turpentine steady; (hard $1.40; yellow dip $1.90; Virgin 51.90. Prices same day last year Spirits tur pentine 24c and 2VA,c; rlson. $1.45 and $1.50; tar $1.10; crude turpentine $1.40, $1.80 and $1.90. . : Receipts today 88 Casks spirits tur pentine, 646 barrels rosin, 524 barrels tar, 14 barrels crude turpentine. Receipts same day lajst year 98 casks spirits- turpentine, 896 barrels rosin, 416 barrels tar, 8 barrels crude .turpentine. COUNTRY PRODUCE. Peanuts North Carolina, prime K60d per bushel; extra prime. 65c; fancy 7254c. Virginia Extra prime, 4045c. Rice Uplands, 6580c; lowland, $L10 $1.15. - Corn 4750c. " " . North Carolina BaconHams, 30011c; shoulders, 66c; sides, 78c. Chickens-Dull; spring 1018c; hens 1825c; roosters, 1822c. Turkeys, (live), 7c to 10c per pound. Eggs 'Dull at 17c. - Shingles Per 1,000 five inch, hearts and saps, $1.052.10; six inch, $2.50350. Timber at $3.00 to $8.00 per 1,000 feet HAEKETS BY TELEGRAPH FINANCIAL. New York, December 16. Money on call easier at 13 per cent. last 'loan at 2 per cent.; closed offered at 1 per cent. Prime mercantile paper 34 per cent.; sterling exdharage weak with actual bus iness In bankers bills at $4.844.85 for demand and at $4.82 for sixty days; posted rates $4.834.84 and $4.864.87; com mercial bills $4.81i4; saver certificates 5657; bar silver. 55; Mexican dol lars 4514 ; government bonds easy; state bonds dull; railroad . bonds easier. BTOCKS. Atchison!. ...,. . B. & O Ohes. & Ohio... Ohio. & Alton.. Chic, B. & Q.. Del. & Hudson .13 W. & U E...... 2 12! W. & L E., pre 10 Adams Ex 156 21 .162 American Ex ...llo' United States ..40 Wells Far 116 .113 .115 Del., & L. W.... Fort Wayne Illinois Central.'. L. & N. ManftKi't tarn L. Mobile & Ohio... N. J. Central.... N. Y. Central..., Pittsburg Reading. Southern1 Ry...., Sout'h.vRy., pre., Texas &. Pacific, U. P. D. & G.... Wabadh, pre.... Am. Cot. Oil.... 22 .168 .103 Am Cot Oil, pre 75 Am. Tobacco ... 86 . 56 .103 Am. Tobac, pre. 112 People's Gas ... 95 . 28 , 92 Con. Gas 178 Gen, "Electric ... 33 .107 Leadr... 34 Nat. Lin. Oil 16 .168 22) Pacific Mail .... 29 9Fpllman fai ...172 32 Silver Cer.. 56 llSugar.... 137 . 7T. C. & Iron.... 25 .18 I West. Union ...89 BONDS. U. 9. N. 4'S reg..l29! U. S. N. 4'soou..l29 U. S. 4's reg 113 U. S. 4'S OOU 114 L. & N. Un 4's.. 87 Missouri 6's. . ..100 N. J. Cen. 6's... 112 N. Caro. 6's..... 125 U. S. 2's....... 99)N. Caro. 4's.. ...103 U. S. 5's reg 114 Mria, 6 s, oi vo lUZfc S. Caro. non-f u. South. Ry..." ... 94 Tenn N set 3's'.. 91 Union Pa. I's...l02 U. S. 5's cou 114 Ala, Class1 A 108 Ala. Class B.....108 Ala, Class C 100 Ala. Currency... 99 La, N. con 4's... .101 Va. Cen 68 Va. deferred 3 COTTON. Liverpool, December 16. 4 p. m. Cot ton Spot in fair demand; prices lower; American, middling fair 3 9-16d; good nTid dOing 3 5-16d; middling 3 3-16d; low mid dling 3 l-32d; good ordinary 2 29-32d; or dinary 2 23-32d. The sales of the day were 12,000 bales, of which 1,000 were for speculation and export and Included 11, 500 American; receipts 33,000 bales, in cluding 31,300 'American. Futures opened quiet with a moderate demand and closed steady. American middling, low middling clause:, December 3 8-64d sellers; December and Jianuary 3 8-64d sellers; January and February 3 8-64d sellers; February and Marclh 3 8-6K33 9-64d sellers ; March and April 3 9-64d sellers; April and May 3 "10-64d buyers; May and June 3 ll-643 12-641 sellers; June and July 3 12-64 3 13-64dl sellers; July and August 3 13-64 3 14-64d ibuyers; August and September 3 14-64g3 15-64d buyers; September and October .3 15-643 16-4d value; October and November 3 16-643 17-64d sellers. New York, 'December 16. Cotton dull; middling 5c; net receipts 1,493; gross re ceipts 6,858; forwarded 3,888; sales 56, all spinners; stocjc av.iHb. Total today: -Net receipts bz,a.; exports to Great Britain 35,792; to France 9,316; to the continent 13,525; stock 1,109,439. Consolidated: Net receipts 326,514; ex ports to Great Britain, 98,766; to France 22,289; to the continent 115,194. Total since September 1st: Net receipts 4,778,799; exports to Great Britain 1,523, 449; to France 432,658; to the continent ,221,561. Cotton futures opened steady and dos ed steady; sales 90,400 bales: January 5.67; February 5.70; March 5.74; April . 5.79; May 5.84; . June 5.88 July 5.92; August 5.97; September 5.97; October 6.00; De cember 5.&. Spot cotton closed dull; middling up lands 5c; middling gulf 6c; sales 56 bales. , PORT RECEIPTS. Galvestbn'-Siteady af 5 7-16c; net re ceipts 10,205. Norfolk Steady at 5c; net receipts 5,418. . v. Baltimore (Nominal at ofec; gross re ceipts 632. Boston Quiet at &c; net receipts 1,164; gross receipts 1,622. Wilmington Quiet at oc; net receipts 2,005. - Philadelphia Quiet at 6c; net receipts 411. . Savannah Steady at 5c; met receipts 10,398. New Orleans Easy at 5c; net receipts 13,237. Mobile Steady at 5 3-16c; net receipts 3,300. Mempihia steady -at &c; net receipt 5,550; gross receipts 6,054. Augusta Firm at 5Mc; net receipts 2,233; gross receipts 2,236. Charleston steady at s s-ioc; net re ceipts 4,590. . , Canctirmati Quiet at 5c; net receipts 2,000. i uouisvwie-iij'irm ai te. Houston Steady at 5 7-16c; net receipts 9,057. St. Louis Steady at 5 5-16c' net receipts 1,237; gross receipts 4,704. GRAIN AND PROVISION, Chicago, December 16. The leading fu tures were as follows tlowe )pen. High. Low. Clos. Wheat December January .... 98 93 91 K' 29, $1.00 94 92 36 29 98 92 91 25 28 21 22 $1-00 94 92 May Corn- December .. - 26 May .......... Oats- December .. 21 .21 21 May 22 - 22 Mess pork, per bbl December J7.fr $7.63 8.60 8.87 $7.60 8.45 8.70 $7.60 4.60 8.85 January ....... 8.52 May 8.80 Lard, per 100 lbs- December ..... - 4.42 January .. 4.52 4.55 4-47 .. 4.70 4.72 4.65 4.55 May 4.72 Short ribs. per 100 Jbs-'- .. 4-35 4.40 4.32 4-40 ,". 4.37 4.40 4.32 4. 40 ., 4.50 4.55 4.47 4.55 December .-. January May Cash quotations were as follows: Floui quiet; No. 2 yellow corn, 2gc; No, i spring wheat, 88c; No. 3 spring wheat, Suisse; No. 2 Ted. 51.001,00; No. 2 corn, 26c; No. 2 oats, 2122c; No. 2 White, t. o. b., 2424c; No. 3 white, f. o. b., 23 24c: mess pork, per bbl., $7.607.65; lard, per 100 lbs., $4.524.55; short ribs sides, loose, $4.554.70; dry salted shoulders, boxed, $4.624.75; Bfhort clear sides. boxed, $4.54.77; whiskey, distillers finished goods, per gaUon, $1,13, New York, December 16. Flour quiet but steady, closing firmer. Wheat spot nrm; no. z red 9Sc f. o. . ' afloat. Options opened firm on cables smaH nortfawjern receipts and closed weak west,' (and eitr itf. slow trade all day wound up strong at ""lc het .ad Vance on export business land rumored reductions of French duty. No. 2 red. January ctoseq at Jfc, May 93'ac; De cember 98e, " Com Spot firm; No. t 84 f. b, afloat. Optiong opened firm on cables and eased off under realizing, but recov-! ered on export demand, and closed at o net iftigner. Aiay closed at 34c; Decern ber 32. . ' . . : - Oats Spot steady: No. 2 27c Options quiet, dui sxeauy wrtn tne other markets. closing unchanged to c net advance. February dosed at 27c; May 27c; De- cemDer avsc ; ;- Lard Firm; wewterii gleamed $i.T3U) contmenc . ooucn American $5.35. Pork Firm. . Eggs Quiet; state and Pennsylvania Zi'.(izbc; western uwu iwiim. Cotton Seed Oil Quiet. - Petroleum Dull. Rice Steady. Coffee Options dutf at unchanged prices, but ruled a shade steadier, sellers peing scarce cti c:?r J-uropean cables . .... . . I. dlminih4: ec!pti at Rioc VM ' Santoe and increased United States warehouse deliveries; tout the demand was' very stack and entirely Jooai, closed mul and unchanged to 5 points net lower. Sales 3.000 'bags, including December t 50.S0; Marcn 56.00: September - and 1 October $6.30. Spot coffee Rio steady; No. 7 in voice 6c; Wo. 7 Jobbing 7c; mild steady; Cordova 815c -) Sugar Raw strong; rair reniung 3YzC; centrifugal 96 test 4c; refined finn; crush ed 5c NAVAL STORES. New York Rosin steady. Turpentine firm at 3333c. Uharleaton Turpentine firm at 3ic bid;, sales none.. Rosin Arm and unchang ed ; saJes nones. - ., ! Savannah Spirits turpentine frrm at 31c; reported Bales 423 casks as $0c; re ceipts 570. Jiosln firm: sales 1J751: re ceipts 3,937. Quote: A B C D $t20; E F $1.25; G $1.30; H $1.40; I $1.55 ; KT $1.70; M $1.90; N $2.20; W G $Z55; W W $3.05. i Shipping Intelligence ARRIVED YESTERDAY". British steamship Yearby. Goldsworthv. Hull, Alex. Sprunt & Son. . British eteamship Tram. Tysland. Hamburg, Heide & Co. VESSELS IN PORT. STEAMSHIPS."" Yearby. (Br.). 1.664 tons. Gold sworthy. Hull, Alex. Sprunt & Son. Fram, (Br.), 1,405 tons, Tyslan I, Ham burg, Heide & Co.- Lucerne CBr.), 1,227 tons. Walla se, Glas gow, J. H. Sloan. BRIGS. I Weymouth, Mass., Geo. Harrlss, Son & Co. i x BARKS. - " Pernaanbuco, Heide & Co. ( Anltra. (HoT'.'i - KR4 tona Rlmnnam T?a1. fast, Paterson, Downing & Co. oans iwea.j, rons, iobersen, Bris tol. Heide & Co. 1 SCHOONERS. Mable Darling. (Br.). Ill tons. Roberts. Dunanoretowifc BaJhama. Geo. - iHarriss. Son & Co. I Robert A. Snow, (Am.), 165 tons, Pills bury, Geo. Harriss, Son & Co. I Bessie Brown (Am.), 220 tons, Smith, Lewes, Geo.' Harriss, Son & Co. ' ' Cotton Iratares , . (Special to The (Messenger.) New York, December 16. (A break of l-64d in Liverpool this morning en couraged the 'bears to hope for orriore aiativity and a good "decldne dn cotton today. Tihis hope proved a vain one. The market, after opening fr m un changed to 1 point lower, ibecame ex ceedingly - dull -andi during the day ruled remarkaJbly 'steady. Receipts were very fuH and whatever influence they exerted was in favor of a jdecline. January opened at 5.69, fluctuated be tween this figure and 5.67 undjcfosed at 5.67 to 5.68, wflth the tone of tbel martcet steady. The imuldlng up of an im mense long interest continues. . It re ceipts continue heavy, we fear tpe mar ket cannot (be sustained. L . RIORDAN & CO. (By Associate'd Press.) f New York, December 16. The phases of the cotton market were not general ly satisfactory, yet the situation devel oped a stubborn resistance that excited considerable comment. Adverse ac counts from Fall River weresupple imented !by advices from New England cotton spinning districts atj large, pointing to a 10 per cent reduction in the wages of cotton operatives through out New England, -with the possibility, ir noc tne prooaoniiy, oi a j general strike. In addition to this, Liverpool cable accounts were disappointing. Following the first call, which showed a dull market, with (prices 1 point high er to 1 point 'lower, the changes were very narrow and the local situation -be- came quite featureless and uninterest ing; almost entirely destitute ofj outside speculative interest and also Jwithout the recent steady investment 'buying that has been disposed to take advant age of all weak intervals. iLocal trad ers had the market all to th'erjiselves, without knowing what to "do tvith it. 'At noon the market was dull alt about yesterday's closing prices and tfoar the rest of the day ruled slow and feature less, closing steady at unchanged prices to a point net lower. New York Stock Harket (New York, December 16. Thie hard- 1 ening of the rate for call money has taken the heart out of speculation in securities for the time 'being. The rate (for call money held firm at 3 per cent. today until near the close of the stock market, when- there were transactions at 3 per cent, with off eringSN at 1. The Union Pacific re-organization com mittee today paid into the sub treasury $8,500,000 in cash, the credit "balance of that institution at the clearing house .being- $7,677,739. It is the general belief in (banking circles thait call money will not yield below 3 per cent, (before the end of the year and (may rule ;higher. The accmmmulation of funds in antic ipation of January drsburseifJents of dividends aad interest will make furth er demands on the money market. Bankers deprecate the idea that there Is a stringency of money in prospect, In view of the fact that the government will redeenT the currency 6's1' to the -amount of over $29,000,000 on December 24th before the next installment; on the Union (Pacific paym)en't. 'Rates for time money for the shorter periods were marked tro today, as well as those for call money, the q notations (being 3 to 4 per cent, for sixty and ninety days. Although ther is still some movement of currency to points in the southwest, the stiffening of the money rate here was reflected in a rise In the rates of domestic exchange on New York at Interior points. The rates for Istertang exchange also responded (Sharply, posted rates falling c and actual rates c. This was a very clear indication at the resources at eoinmahd ftwth in the large credits albroad and in the abundance of money in, tine interior, de- Dosiits 'being reported to be of unprece dented volume and prices of -giltedged securities for investment at the; highest level known. Both deposits and loans of New York .clearing house banks are at ihieh. water mark, the former amounting on Saturday to $675,169,900 and the latter $607,725,300. Thie loans Include a less amount ox time Joans than usual and New York banks also have rather light holdings of com mercial paper. . The proportion of money on call loans is itJhe largest on record. The calling of some of these loans has apparently put some stock exchange operators to inconvenience, but there is not apparent any strenu ous demand tor money. It is the opin ion of Wall street thait the lapge oleir fttora aibout completed the taking of profits yesterday and are ready Cor a decline. There were some further evi dences of liquidation today and little evidence of support outside the coalers and one or two of the specialties. ; 114063 of many stocks rose at one time above yesterday's closing level, ,but all weaken before the eioe, "The extreme declines in'a great many cases were a point or over and 4n some cases net losses exceed a point, ssugar was the principal centre f dfipresgign an$ closes 1 lower. The bond market was fSalrly active and was a trifle easier on the late dealings. Total sales were $2, RRn.000. United States new 4's are U'e dower ibid. The total sales o stocks today were 332,600 shares. CURE 3 TO STAY CURED. Thousands of voluntary certificates received during the past, fifteen years, certify with no uncertain sound, that Botanic ' Blood BSlhj, ' (B. B. B.) will cure to stay cured. Rheumatism, Ca tarrh, Ulcers, Sores, Blotches, -and the most malignant bjood and skin Qis eases. Bptanfc lood Bam JsHhft, re sult of forty years experience of an eminent,' scientific and conscientious Physician. : Send stamp for. book ftf wonderful eures, and learn whie is the best remedy. Beware of suhsti .tutes said to be' "just a arood" and buy the long-tested" and reliable Botanic Blood Balm, (B. B. B.) Price only $1.00 per large bottle. " " " : EFFECTED AN ENTIRE CURE. For over two years I have been A Srreat Sfftr from Rheumatism, af fecting both shoulders to such an ex tent that r "could not put my .coat on without 'help.- The use of six bottles of Botanic Blood Balm, B. B. B.. effected an entire cure. I refer to Rey. W. W. Wadsworth," proprietor Coweta Adver tiser, and to all merchants of Newman. 1 - T " . ACOB F. SPONOLBR. Newman Ga. Tcr t7 all drvrs1?t3t' ,ru- " ' CUItRENClf REVISION f SoMtary Gag SttbmlU tli BUI to U Banking and Cnrreay Committ of tlis House Fall Text of the BUI .Washington, Decemlber 16.ecretary Gage app&aredi today -before the com mittee oat ibanklng and currency of the house or Tepresentat'ive9-t present a biJl eontoodylng his views for a revision tof the currency, " to explain and urge its provisions and fto meet ajify.. objec tions raisedxby" Wie comimltitfee. The secretary was- accompanied by Juidge OtConnell, "solicitor of tfhe treasury. Copies of the secretary's bill ; were bat-tiied to tnembers of the cotemittee and were scanned with, great interest. Mr, Gage said in opening: 'The dbjects I have In mind in the series of provisions offered by. ere are four 4n number. - "First, to- commit tthe country more thoroughly t?o the gold' standard; re- imove so far as possible, douhfs and fears on that point, and thus strength en tfhe credit of Uhe Unitedi States, tooth at (home and abroad. -. "Second, tb strengt'hieini tJhe treasury in relatkm to its demand liabilities, in which are included EreenlbaCks, treas ury notes audi the incidental obliga tion to maintain on a parity, through Interohangeahility wltfh. gold; so far as may ; be mecessary, the present large volume of silver certificates and! silver dollars. . - . "Third, to do this In such a way as not to contract the volume of circula tion in the (hands of the people. ! . ' 1 , "Fourth, to take an initial step 'to ward? a system of bank note Issues without the conditional deposit of pulb 9is bonds as security therefor. "If we prosper as a (people, the reve nue of the govermeht ought to ibe somewhat in advance of its expendi tures and tfhe public deht of the United States -gradually reduced; and) finally extinguished. Looking at the question, widely, from my best point of knowl edge and experience,,! feel that if these could 'be secured, the condition 'of tfhe (government, In Its relation to the cur rency, would, be much safer and strong er than now-, and that through the operation of a national bank mote cur rency the commercial and industrial in terests of the United States wouldi be greatly advanced." After this initial statement, it was deemed: advisable tb rea'd the secre tary's bill in detail and discuss It sec tion by section. The bill s as follo'ws: A Bill to Provide for the Refunding of tJhe National Debt, for Estaiblishinig a Redemption Fund and a Division of Issue and Redemption in he Treasury of the United' States and to Modify Existing Laws -He-spec tinig Natknal Banks; and for Other Pulblic Poirposes. Section Is Be it enacted, etc., That there he established in the treasury de partment, as a part of the office of the treasurer of the United States, a di vision to ibe designated and known as the division of issue and redemptEon, to wheh shall (be assigned, under such regulations as the secretary of the treasury may approve, all records and accounts relating to the issue, redemp tion and exchange, as hereinafter pro vided, of the several classes of United States. paper, money. There1 shall be transferred- from the general fund " in the treasury of the United States and taken up on 'the hooks of said division as a redemption famu .the sum of $125, 000,000 Ini United States gold coin, and bullion and such further sums of stand ard silver dollars and silver bullion purchased under the act of congress approved July 14, 1890, as shall equal the silver certificates outside the treas ury and treasury notes of 1890 out standing on the -date when this act shall 'take effect: and 'thereafter the gold and silver coins and bullion "there by transferred from the general fund in the treasury, as herein provided, shall Ibe increased or diminished, as .the case- may be, in accordance with the provisions of this act, and in no other way. ; Sec. 2. That all United States notes, treasury notes of 1890 andi silver cer tificates presented for redemption shall be redeemed from the redemption fund herein provided, in accordance with the terms of existing Jaw; but the notes and" certificates so redeemed shall be held in and consititue a part of said fund, and shall not .be withdrawn from said fund nor disbursed, except in exchange for an equivalent amount of coin in which said notes or certifi ca'tes were redeemed; but to enalble the secretary of the treasury more thoroughly to carry out the -provisions conitaineu in this act, he is hereby authorized to exchange any of the funds in the division of issue and re demption for any other funds which may be In the general fund of the treasury department: provided, that nothing in this act shall ibe construed as repealing that provision of the act approved July "14, 1890, which provides .t'hat there shall "be outstanding at amy time no more and no less of the treas ury notes authorized by said act than -the silver bullion and standard silver dollars coined therefrom then held in the treasury purchased with said notes. Sac. -3. That the secretary of the treasury he and he is hereby authoriz ed to receive at the treasury any of .the outstanding bonds known as the 5 per centum bonds of 1904, and the 4 per centum consols of 1907, issued re spectively under the acts approved July 14, 1870, and January 20, 1871, and to insure and exchange therefor coupon or registered bonds of the United States in such form as he -may pre scribe in denominations of $50, or some miurtfple of- that su!m, bearing interest at the rate of 2 per centum per an-: rauim, payable .semi-annually, and re deemable at' the pleasure of the United States after ten years from the date of their Issue; and the 'bonds herelby authorized shall he payable, principal and Interest, in United States gold coin of the present standard value, an4 shall be exempt from all taxation by or under state, municipal or local au thority; Provided, that none of the out standing bonds shall ibe received at a valuation greater than their present 'worth to vreldi an igcomje of i per centum- per ankum and that the bonds hereby authorized shall be issued at not less than par. Sec 4. That the 'bonds authorized by this act, and any other bonds of the United States, may be deposited with the treasurer of the United States, &3 Security for the circulating- notes of national banking associations;- and any national iban-king association which my deposit the bonds herein authorized to be deposited as security for its cir culating notes efhalT be entitled to re ceive from the comptroller "of the cur rency and to issue such notes to an amount equal to the face value o such 'bonds: Provided, That the aggregate amount of -bonds deposited by any na tional banking association, under amy law, shall not exceed the amount oi fts capital: .An Furtkef Provided, That nothing herem contained shall be construed to modify or repeal the pro-; visions of section 5167 and section feifl, of he Revised Statutes, authorizing the comptroller of the currency to re quire additional deposit Of bonds or of lawful money, in case the market value of the (bonds held to secure -the circula ting notes shall fail below t'he par val ue of the circulating notes outstand ing, for which bonds may be deposited as security. ' Sec. "5. Tjhat ani national hanking association, wTiose deposit of bonds is less than the amount of its capialt may deposit ,wit& -the treasurer of the ynlted tates, under such regulations as the secretary of the treasury may approve, United States notes, tasury- KPies oi ism ana, live eerffflcatea. and shall foe entitled to receive from he comptroller of the currency and to secure an equal amount of circulating notes; Ibut the aggregate amount of 'bonds, : Uniti States notes, treasury uui -low ana silver cerpneaws oe- posKsea ty any tnatSoa&l "banking- as sociation, shall not exceed the amount of Its capital; Provided, that the total amount of United States notes, treas ury notes of 1890 and silver certificates deposited with - the treasury .1 of Ibe United States: ttnder authority of this section shall exceed- the sum, of; See. . That the secretary of. the treasury shall issue from time to time. irr his ciascretron, bonds of the "same character er tioss exited. OFFICE OF . 0WE5 F. LOYE & CO., J DEALERS IN E1RDIARE, CDTLERY. GDH1 5C. "WIIONGTON, N. C. ' Santa Claus - " Dear Sir, Replying to your query would say, we have the largest V. ' - - " . ' ' t - line: of Carving Knives, Scissors, Razors, Bras Fire Dogs and Fire Sets, Wrought 'Fire Sets , Five O'clock Teas , Chaff in Di shes , Guns , Pistols, Hunting Coats, Leggins, Caps, Pocket Knives, Loaded Shells, Cartridges, A Full Line House Furnishing Goods, Wilson Heaters , Cooking Stoves, &c, &c, in the City, and we would be glad to have you make your selection .from us . Wi th compliments of the season,; Yours truly, . OWEN F.' LOVE & CO. In .the third section of ' this act, and shall substitute the same with the treasurer Of the United States for equal amounts of "the United! ' States notes, treasury notes of 1890 and silver certificates deposited Iby national bank ing associations, and the 'bonds so is sued and suhs'tiltutedrshall be charged to the respective national banking as sociations and toe accounted) v for toy them at such prices, not less 'than par, as shall represent the market value of such hands; and the United States notes, treasury notes of 1890 and silver certificates released as herein provided, shall become a part of the general re demption fund and the secretary- of the treasury is hereby authorized to exchange any of the said treasury notejs of 1890 and silver certificates for a like amount of United States notes: Pro vided, that the amount of bonds issued under the authority of this . section shall not exceed the sum of $200,000,000. Sec. 7. When any national bank now existing or hereafter organized shall have deposited such- United States (bonds, United States notes, treasury notes of 1890, or silver certificates, to an amount of not less than 50 per centum of its capital, it shall be en titled to receive from the comptroller Of the currency and ito dssue national (bank notes, in addition to the 50 per centum thus provided, to. -the amount of 25 per centum of such deposits; but the circulation dssued by any national ibanking association shall never he In excess of it's paid -up capital stock and the additional notes so issued shall not be secured -by said deposit, .but shall constitute a first Men upon all the re maining assets of the association issu ing such nOtes. Upon the failure of any association to redeem its circulat ing notes above provided, whether the same are Issued agadnst deposited se curity or against general assets, the same shall he promptly redeemed Iby the treasurer of the United States. To secure the United. States against any loss arising from its guaranty to pay and redeem such additional circulating notes it shall .be the duty of the comp- troiler of the currency to levy -upon and collect from every national hank ing association such unsecured circu lation a tax at the rate of 2 per centum per annum on such unsecured Circula tion; which said tax of 2 per centum per annum shall be paid to the treas urer of the United States In equal semi-annual payments In January and July of each year, and .when so col lected it shall constitute a safety fund out of which the United States shall ibe relm'bursed for any redemption of said unsecured circulation it may .make as herein, provided. The safety fund thus created shall be invested toy the secretary of the treasury in such gov ernment Ibonds as he may consider ad visable.; Said tax of 2 -per centum per annum shall he In addition to the tax of per cetum per annum on cfiroulat Sng notes herinafter authorized. Sec. 8. That each national banking association shall deposit and maintain in the treasury of the United States a sum of lawful money equal to 10 per centum of its aggregate circulation, sadd sum to toe In 'lieu of the 5 percentum redemption fund now reqiiired Iby sec tion 3 of the act approved June 20, 1874, to be maintained, and to toe subject to all the provisions of existing law re specting said, redemption fund not in consistent with the provisions of this act; and in consideration of t-sUe- posits of 'bonds, United Starves notes, treasury notes of 1890 and, silver certi- ncates ana tne tax or z per centum on the unsecured circulating nates of na tional banking .associations, and of the deposit of lawful money provided in this section, the faith of the United States is hereby pledged to the redemp tion in lawful money of the United States of all the circulating notes of said national 'banking associations. Sec. 9.- That the comptroller of the currency hall not issue to any national banking association, on and after the date when this act shall take effect, any of the circulating notes os such as sociation of less denomination than $10; and when ever -any circulating notes of less denomination than $10 shall be redeemed or received into the treasury of the United States, they shall toe can celed and destroyed and other notes of lawful denominations shall 'be Issued in their place.' Sec. 10. That en and after the date wljen 'this act shall take effect, the cir culating notes of the national banking association's shall ibe redeemed at the office of the United States assisstant treasurer in the city of New York and at such other sub treasury offices as may be designated by the comptroller or the currency with the approval of the secretary of the treasury; and the circulating notes of each national bank ing association so redeemed shall he charged to fjhe 10 per entum redemp tion fund f such associatjions under such regulations as -may toe prescribed by ithe comptroller of the currency with the approval of the secretary of the treasury. Sec 1L That in lieu of aU existing taxes, every national banking associa-. tion Issuing notes shall pay to the 'treasurer of -the United States in the mopths, of January and July of each year. tax of per centum, for each half year, upon the average amount of its notes in circulation Provided, how ever, that during all the period of time intervening 'between " the denoslt of United States notes, tTS&sury notes and silver certificates and the substitution o bonds Ijy'the secretary of the treas ury as in this act provided, the circu lating notes specially issued therefor and secured toy, said United States notes, traasu-ry notes or silver certifi cates, . Shall be exempt from taxation under the provision of th. Sec. 12, Seetfon 543 of the revised statutes shall , be amended to read as follows No association shall -be organ ized with a less capital than $100,000 except that .banks with a capital of -not less than $50,000 may, .with the approval of the secretary of the treasury, ' to organized in any place the population, of which does not exceed f,&0 inhabi tants; and. except that the banks with a capital of noe less than $25,000 may, with the approval of the secretary- e. the treasury," .be organize n ay pdaee, .the population of which does not exceed 2,000; Inhabitants. No association ehM) be organized in a cdty, the population of which exceeds 50,000 persons, with a less vaptai than $200,000. . Thds act shall take effect on and af ter the day of --. eighteen hun dred 'and? ninety and all acts and "parts Of acts laconslstant with provisions of this : act are hereby re pealed. , : j ; - " . i . - John Kilpatrick was seriously, if not fatally stabbed, by William Preesly, at Stockbouse, Martin county, on Saturday. Pressley escaped. - Christmas - Tinware. JUST RECEIVED, A NICU LINE OF Spice 'Boxes, Cake Boxes, Turkey Roast ers, etc; which will be eoJd ; very low. Until January 10th, 1838, iwill-eU any Cook Stove In stock at "cost , for cash. "Banner Lamps to Burn." . JA1IE3 H. TATLOR, JR, li tin . . .. . . feZPEWROYAL tvy.y i ' n n. ...... - For Sale by W. H, Green & Co Cnlf Liverpool and American, Coarse and 0t-l i- Fine. Fresh Packing, full weights TJo rrrri n rr AU Weights of New Jutf, and D4&0A11& 2 pound Sugar, Bag Bagging cheap. . f J aC Standard 45 pound and Unpainted 40 A ICS pound Steel Ties. Strong and neat, a Out facilities for fining orders promptly-are first class. Prices on application. Hall & Pcarsall, WHOLESALE GROCERS, Nutt and Mulberry Streets. FOR BOTTOM PRICES COCOANUTS, CANDY, . . FtOUR . . Meat, Coffee, &c. 1 . BUY OF ." D. McEachern WHOLESALE GEOCEE. HOLIDAY (FIRE G-IJN AND SPORTING SUPPLIES. SILVER "PLlTED KNIVES, FORKS AND SPOONS, I 1 HIS SEE OUR ATTRACTIVE LINE. H. JACOB! HARDWARE CQHPAIJY. "Horn .e, Sweet Home. m freauent rerlenishinsr. high grade stock of 1-.-. Jl n owt uiefcin ana weu sneiterea at our yards. ; Wm. E. Worth & Go. BELL TELEPE0NE 64 & 94. INTERSTATE 146, BUCK STOVES Have sold more of these goods past year than has been done by all the dealers in Wilmington combined of HTGH CLASS GOODS. - Only White Enameled Lined Oven s and Doors that will absolutely stand. These we will warrant in every particular. . .- j,.,. December 10th, 1897. The only safe, but and reliable Female PILL ever offered to Ladies, especially recomzuend ed to married Ladles. PILLS. a ikb.iii. .... v . n v i.ir K-..uh j. ' HOLIDAY :: GOUFORT Can be enjoyed when old Boreas is pay ing his annual visit from Klondyke when you are prepared for him with one of our handsome and cheery "LIBERTY or REGAL" Parlor Stoves. They are not only an ornament, but good company. They are economical in the use of Coal, and will keep your rooms cosy and warm when winter winds are most frosty. Call and see our "NEW PROCESS" Oil Heat er, the best on the market. - 7 A full line of high grade Cutlery on 1 band now for the Holiday Present seek- . ers. Our stock of Brass- Andirons is second to none In. the city at prices that aery competition. J.W. HURCfflSOIJ, OETON BUILDTNGv : PRESENTS !TS,) And Add to the Comfort of Your Friends. One of its chief cha: 4 . J 1 ' mm - i 4 xnat nailow 11R h is the cheerful, gltm grate fire that makes one's am fireside?' spot to spend the long winter evenings in hap piness with their loved ones. II you want the fire Tglowing, 'bright and lastinpv Tcnthrm " CJ 1 W 'mVAmtWrnrnf buv v(iirnnnifrnT Tio Caledonia Coal that is m . WlLIIfflGTOH, fl. C : GENERAL AGENTS JfOR TUB CELEBRATED AMD RANGES 9 rtv r v.
The Wilmington Messenger (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 17, 1897, edition 1
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