davidaulloa/AmericanStories huggingface dataset:
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
FINANCIAL.
Money-Steady.

Money-Steady.
Foreign Exchange-The market was very
firm. The following are net savannah ma
quotations: Commercial demand, A.S21s;
sixty days, sl.7915; ninety days. A7S;
francs, Paris and Havre, sixty days, 5.24A;
Swiss. sixty days, 526; marks, sixty
DAYS. "a 1-16, less $l.50 per N.OO.
Domestic Exchange-Steady. Banks are
buying at % per cent. discount
and selling as follows: Up to SIS, 1Oc prem
ium; $25 to $50, 15c premium; $50 to SlOo' zoc
nrepnium; $10O to $500, 25c premium; 500
and over at par
Securities-The market is quiet.
stocks and Bonds-State Bonds-Geor-
ola az per cent. bonds of 1880, 101 bid, 1O2
asked; Georgia 81 per cents, due 1915, 1Ol
bid. 1902 asked; Georgia AZ per cent. bonds,
1e15 40 bid Ill asked Georgia per
cent. due 1926 107 bid, 1903 asked; South
Carolina AIS 1854 bid, 1861 asked.
CITY Bonds-Atlanta per cent, 1O3 bid,
1O4 asked; Augusta 41as 1925, 102 bid, 1OS
asked; Augusta per cent, ITO bid, III
asked: Augusta 6 per cent, los bid, 10y ask
ed; Columbus per cent, 1O2 bid, lOS1s ask
ed; Macon per cent, 112 bid, ia asked:
Savannah 5 per cent, quarterly January
counons 1Os bid 1881 asked; Savannah
per cent, quarterly November coupons
1O7% bid 1881 asked; Charleston As, "a bid,
IS asked.
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage Donun,
4 per cent. interest coupons, - Did, liz
asked; Atlantic and Gulf first mortgage,
consolidated per cent. coupons, January
and July maturity 1897, 101 bid. 10l12 ask
ed; Central Railroad and Banking Com
pany, collateral gold IS, 90 bid IS asked;
Central of Georgia Railway first mortgage
gold bonds, 1903 bid, 10 asked; Central
Of Georgia railway consolidated IS, 5O-year
gold bonds, So bid, 81 asked; Central
of Georgia Railway. first preferred in
comes 2sIl bid. 29ls asked, ex-interesti Cen
trail of Georgia Railway. second pre-
ferred incomes, 1lh bid, 1919 asked; Central
OF Georgia Railway third preferred in
comes. bid 7 asked; Georgia railroad
IS. 1910, 1O7 bid, 10 asked; Charlotte, Co
lumbia and Augusta first IS, 1O2 bid. 103
asked; Charlotte, Columbia and Au-
gusta second mortgage Is, 1O9
bid. Ill asked; Georgia Southern and
Florida new IS, % bid, % asked; South
Georgia and Florida first mortgage rs. lO5
bid los asked, South Georgia and Flor
ida. second mortgages rs. 104 bid. JOS asked :;
Ocean steamship per cent.
bonds. 1926. bid, rs asked; City and
Suburban railroad first mortgage Z per
cent. bonds bid, IS asked; Electric
railway 5s, due 1885 10 bid, I9 asked. Ala
bama Midland per cent. Endorsed. 50 bid,
IS asked; Brunswick and Western IS,
- bid, 10 asked South Bound railroad 81,
bid. u asked; Southern Railway 5s, 81
bid. s. asked; Georgia and Alabama first
preferred SIS. ~ bid, 95 asked: Georgia ana
Alabama first consols, 20 bid 72i9 asked.
Railroad Stocks-Augusta and Sayan-
nah. 50 bid, 90 asked; Georgia common, l9z
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
COTTON MARKET STEADY.
MODERATE DEMAND FOR SPOTS
IN THE LOCAL MARKET.

,nother Decline in the Price OF spir-
us Turpentine-Rosin Market
FIRM and Unchanged With n Good
nemand-The Wholesale Markets
steady and Observation-Disclosures
nv Telegraph.
savannah, Oct. 2S.-There was moder-
-. demand for local spot cotton to-day.
,-be tone of the market was steady with
.-i,es unchanged from yesterday. The
.,rits turpentine market was weak and
.ser The close, there were sales made at
a.. cents for regulars. Rosin continued in
.,od demand and the sales were in full
9opme. The Wholesale markets were
.tsady with prices generally unchanged.
Tba following resume of the different mar
lots will show the tone and quotations
at the close to-day;
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
DRY GOODS.

New York, Oct 2S.-In the dry goods
market to-day there was some increase
in business, due mainly to a greater num-
Der of small orders. There are just as
many inquiries concerning both staple
and fancy goods as before, but the larger
operators still hold aloof from actual bus
mess. Sellers are firm on goods in all
positions. There is no change in the
wooden goods division.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
NAVAL STORES.

Spirits Turpentine--The downward trend
in the value of spirits turpentine contin-
ued to-day. After the opening there were
bids placed at 2514c, but some factors
succeeded in selling small lots at 25Ssc to
fill urgent orders for domestic shipments.
After the closing of the official market
the balance Of the offerings were sold at
2514c, at which price the market will prob
ably be officially bulletined tomorrow
morning at the opening.
At the Board of Trade, at the first cali,
at IL o'clock a. M, the market was bull
letined firm at 2512c, with sales of asa
casks. At the last call, at 4 o'clock p. m,
it was bulletined steady at 253sc, with
sales of $50 casks.
Rosin--There were no new developments
in the rosin market, the demand continu-
ing good at unchanged prices. At the
Board of Trade, at the first call, the mar
ket was bulletined firm and unchanged,
with sales of 9S4 barrels. At the last
call, it was unchanged. The following
IL
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29

Charleston, S. c, Oct B.-IurpenIlne
firm, Csc bid; sales none. Rosin firm,
sales none; A, B, c, D, $40; E. F, $1.45;
G. 81. 50; H, S155; I, K, $l.60; M, $1.75; N,
$500: w G, $215 W w. $3.50.
wilmington, N. c., Oct. 2S.-Rosin, firm;
strained, $145; good strained, S1.50. Spir-
its turpentine, firm; machine, 25Ac; ir-
regular, 2434c Tar steady at $1.OO. Crude
turpentine, quiet; hard, $1.S0; soft, $3.50;
virgin, $3.50.
New York, Oct S-Rosin firm, quiet;
strained, common to good, s1.9O. Turpen-
tine steady, 2S12@29c.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29

CONTINUED on Third Page.)
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29

barrel of $50 pounds Coastwise- Steam
TO Boston, lie per 100 pounds on rosin,
soc on spirits; to New York, rosn Si6c per
100 pounds, spirits. Soc; to Philadelphia
ros!n, 7lsc per 100 pounds. spirits, soc; to
Baltimore, rosin, TIC per 100 pounds, splr-
it's Zoe
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
THE OUTLOOK.

The stability of the situation has been
demonstrated by the facility with which
the market has absorbed the tremendous
movement in face of the apathy of spin
ners, the lack of speculation. the strin-
gency in the money market, and the de-
moralization in business consequent upon
the political uncertainty. But for the
unique influences operative in financial
circles during the past few months, IT is
safe to say that the price Of cotton would
now be upon a higher basis. The coming
election, however, will mark a new era
in the situation. The currency question
will then have been definitely settled. Bus
mess men will know just where they
stand and a revival in our industries is
confidently expected. Already manufac-
turers hold extensive orders contingent
upon the result OF the political issue, fore
shadowing a substantial increase in the
demand for the raw material Specula-
ton, which has been for a long time held
in check, will revive, boarded capital will
be liberated, money rates will become
easier, and natural and legitimate condi-
lions will again assert themselves During
the week following Cleveland's election in
1892 cotton advanced nearly one
cent per pound. The possibilities of bust
ness revival are brighter now than they
were then. There exists an enormous ex-
port demand for our breadstuns as well
as cotton. Consequently gold Is flowing
this way in large quantities, and will
doubtless continue to do so for some time
to come. These same conditions formed
the basis for the tremendous speculative
revival and period Of business prosperity
which was inaugurated in 1879 Taking
everything into consideration, therefore,
we believe we have before US a period OF
approaching values in all the markets in
this country
AS we follow closely the movement Of
the crop in all its details, we shall be
pleased at all times to give any lnforma-
ton relating thereto to correspondents ad-
dressing us.
pUIGE M0nnpMICK IN
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
PRICE. MCCORMICK g. CO.,
Bankers and Brokers,
12 broadway, New York City.
Members of N. Y. Stock Exchange. N. Y
Produce Exchange, N. Y. Cotton Exchange
Chicago Board of Trade
COTTON,

The statistical situation is a strong one.
1t may be summed up as follows Surplus
supply American cotton carried over into
this season only about 100000 bales. Con-
sumptive requirements will doubtless be
in neighborhood 100000 bales To meet
these requirements we are dependent upon
the current crop, which is variously esti-
mated at from 10000 to 85OO,O0O Even
assuming the latter figure to be correct,
with the improvement in business which
will doubtless follow the election, IL will
in all probability be found necessary to
still further reduce last seasons surplus
Spinners everywhere hold very small
supplies of raw material. and stocks Of
American cotton in Liverpool are less
than one-half of last year
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-29
RICE.


Market steady.
clean, per pound: Common, 2924c; fair,
21k@3c; good, 31lqS1Ac; prime, 4Q4%c.
The record-union., 1896-05-05

and the elimination Of the outrageous
cost of the present cesspool system
(Which is an annual tax upon the pri-
vate purses of the people of more than
$4,000 a year for cleaning alone) a
hundred fold repay for the investment
and the interest upon it?
We trust that the Chamber of Com
merce at it's consultation meeting to-
morrow night will take up this matter
and discuss it in rational manner,
free from preconceived ideas, and as a
plain business proposition, and give the
people the benefit of it's Judgment.
If it is said that 100000 will not ac-
complish all we have outlined; it may
possibly be a correct challenge, but if it
will give us clear water and a new sewer
system by which cesspools may be
abandoned that will repay alone, and
we believe that it will do these two
things, and more too. We certainly
can introduce clear water into the city
pipes at Thirty-fir street for S12o,0 600,
and a competent engineer after long
examination, has given the city elabor-
ate plans that have reason to back them
and common sense to fortify them, for
a sewer system, the cost of which will
not exceed $175,O00, including a fine
flushing system, a necessity where there
is so little fall.
The record-union., 1896-05-05
WEATHER AND CROPS.
1t is Still Cold, and Fruit is Ripenine
Slowly.

The following synopsis of the
weather and crop conditions during
the week ending Monday, May 4th, is
issued by the State Agricultural Soci-
ETY., in cooperation with the United
States Climate and Crop Service, James
A. Barwick, Section Director.
The average temperatures for the
week ending Monday, the 4tb, were as
follows for the Weather Bureau sta
tions named: Eureka 80 degrees, Fresno
5S, Los Angeles So, Red Bluff 81, Sac
ramento 50, San Francisco "a, and San
Diego oS.
AS compared with the normal tenn
perature there were heat deficiencies
shown at all points, ranging from to
10 degrees, as follows: Eureka = de-
grees, Fresno Z, Los Angeles 4, Red
Bluff 10, Sacramento Z, San Francisco
3, San Diego 2.
The total precipitation for the week
was as follows: Eureka 40 inches,
Fresno a trace, Los Angeles nothing,
Red Bluff 10 of an inch, Sacramento
.16, San Francisco 10, and San Diego
nothing.
AS compared with the weekly normal
precipitation there were deficiencies
shown at all points except Eureka and
Red Bluff, the former showing an ex-
cess of 1888 inches, and the latter 23
of an inch in excess of the normal The
other stations show deficiencies as fol-
lows: Fresno 1t of an inch, Los An
geles II, Sacramento %, San Fran
cisco 81, San Diego IA.
The deficiency Of heat which has been
SO constantly reported this spring still
continues, and in connection with the
damp, cloudy weather, has been very
detrimental to the rapid ripening Of
fruit. In fact, the first crop OF straw
The record-union., 1896-05-05
CONVENTION DAY.

SO far as indications now warrant
judgment, the State Convention Of the
Republican party to assemble here to-
day will be harmonious, as it certainly
will be a representative body. Though
there are some contesting delegations,
the men composing the body when it
finally settles down to business will be
found to be we'll representative of the
working forces of the party and of the
worth Of the people.
So far as we can judge by the express
sions Of the delegates, there is not likely
to be any inharmony of moment, if at
all. There is an almost unanimous
belief that the party Is to be again in
trusted with the Federal Administra-
tion, and this belief amounts to con-
viction. 1t is so firm seated as to sug-
gest that it may prove an element of
weakness. Over-confidence is apt TO
generate listlessneSs.
However, at no time in the later his
tory of the party in this State have we
seen more or profounder manifesto
OI tia :
this must be taken to be twin with the
this must betaken to be twin with the
resolution to be diligent and untiring
in the labor necessary to accomplish
that end.
Sacramento bids the delegates well
ccme. It extends them such fair hos
pitality as is fitting; it will neither ne
glect them nor annoy them by intrusive
solicitude for their welfare. Such care
has been taken by the committees as
practiced foresight could suggest TO
provide for the comfort OF every guest,
and against there being any reason
whatever for complaint. We are posi-
tive If any guest does encounter that
which seems to him ground for excep-
ton, that If he will make the case
known to any Of the proper commit
teernen the error will be corrected
promptly and satisfactorily.
The record-union., 1896-05-05
OFF FOR SAN JOSE.
The Capital City Drum Corps Will be
in the Fiesta,

The members of the Capital City
Drum Corps will leave this morning
for San Jose, where they are to lead
the great fiesta procession on Wednes-
day.
They will parade at $50 this morn
ing through the streets, on their way tc
the depot, and will give the convention
visitors a taste of their proficiency with
the drum. The members of the corps
are:
Snare drummers-A. D. Cardinet
Captain; G. J. Atwater, Manager; J. A
Griffin, T. P. Holder, F. W. Newman
w. S. Bragg, Fred Schadt, ]. w. Gee
F. A. Oschner, H. r. Stetson, B. J
Milne, Ben Sweeney, L. A. Young, H. G
Waterman, II. Nicolaus, G. F. Bauer
G.. S. Atwood, J. N. Wilson, H. K
Smithe, F. A. Robin, G. A. Yuhre, E.
G. Cheney, J. Branley; bass drummers
William Miller, NJ. Groenveld drum
major, Frank Kleinsorge.
The record-union., 1896-05-05

berries is almost a failure. If not in
quantity they surely are in quality.
The fruit crop is advancing very
slowly, while the second growth OF
leaves are just beginning 20 show
themselves on the grapevines, after
having been so badly cut down by the
frosts of the previous week.
There has been no damaging frost
this week The climatic conditions
while detrimental to the fruit and berry
crop, have been of great value to the
grain crop, as it has improved very
much during the past seven days.
Haying has been put back on account
of the showery weather, although ready
and ripe for the sickle, but it viii have
to stand until warmer weather anc
more sunshine prevails.
The week as a whole has not beer
very encouraging, but it has been o1
much greater benefit to all crops thar
was the week perviouS.
The record-union., 1896-05-05
Trustee Tozer Explains !.

Eds. Record Union: In your edi-
torial this morning, commenting upon
sewerage matters and my recent COM
munication published in the Bee" you
say that 1 made only one mistake, and
that in not properly considering the
sinking fund.
1 fully agree that my statement was
rot sufficiently clear in that particular,
and it is but proper for me to state
that the plan of bonding the city con-
templated the issuance of serial bonds
OF e-fortieth of which would be retired
annually until the debt is extinguished
The $40, 800 referred to would be the
largest amount to be raised in any one
year and that the first. The second
year would be $4,000, and so on. dimin-
ishing $500 per annum until the last
year. when the amount would be only
81, 800 With this explanation, 1 trust
the matter will be better understood
Respectfully, L. TOZER.
The record-union., 1896-05-05
ESTATES IN PROBATE.
Petitions and Reports Filed in the
Superior Court.

W. F. Frazer, by his attorneys, Holl
&, Dunn, has petitioned the Superior
Court for letters of administration on
the estate of Fanny Frazer, deceased.
and for an order setting apart personal
property. The petitions have been set
for hearing on the 10th inst.
A. B. Humphrey, executor of the es-
tate of Mary E. Humphrey, deceased.
has filed his first account in the Su-
perior Court. The receipts have been
81, 1872 "A, and the disbursements ST.
G29 81
Andrew Conlan Of Los Angeles has
petitioned the Superior Court for let
ters of administration on the estate of
Catherine Elizabeth Preiss, who died
in this county. The estate is valued at
about $4,000.
w. P. Best has, by his attorneys,
Driver & Sims, petitioned the Superior
Court for letters of administration on
the estate Of Wesley Best, deceased,
which consists of 81 900 life insurance
policy. Set for hearing on the 10Th.
The record-union., 1896-05-05
County Hospital.

DR.. G. A. White, Superin OF
the County Hospital, reports to the
Board of Supervisors for the month OF
April
Number of patients in hospital Apri
1st, 241; admitted during month. u
born during month, 1; died during
month, Z; discharged during month, 81
remaining end of the month, 229
Mortality list-Chas. Roach. IL years
New York, senility; Jos. BauIngartner
20, Switzerland, cancer of stomach
S. N. Warner, 56, New York, cancer OF
liver; James Smith, 80, England, val
vular disease of heart; S. S. Forrest, Il,
Ohio. peritonitis; Joseph Morelli, 40,
italy. cirrhosis: Henry Brinkmeyer,
81. Germany, cardiac asthma
The current expenses have been:
Salaries, S775; subsistence, $1,S9S Is
Total 50 673 49,
The record-union., 1896-05-05
The Physiological Effect of X Rays.

The most interesting observation is q
Physiological effect of the y rays. \
month ago we were asked to undertake
the location of bullet in the head of
child that had been accidentally shot.
On the 10Th of February DR.. William
l.. Dudley and I decided TO make a
preliminary test of photographing
| through the head with our rather weak
apparatus before undertaking the sur
gical case. Accordingly DR.. Dudley.
with his characteristic devotion to the
cause of science, lent himself to the
experiment. A plateholder containing
the sensitive plate was tied to one side
of his head, with a coin between the
plate and his head, and the tube was
set playing on the opposite side of the
head. The tube was about one-half inch
distant from his hair and the exposure
was one hour. The plate developed
nothing; but yesterday, twenty-one
days after the experiment, all the hair
came out over the space under the Y
ray discharge. The spot is now perfectly
bald, being two inches in diameter. This
is the size of the X ray field close to this
tube. We. and especially DR.. Dudley,
shall watch with interest the ultimate
effect. The skin looks perfectly healthy
and there has been no pain nor other in
dication of disorder. | called attention
to the place before DR.. Dudley had him
self noticed it, and we were both for
some time at loss to account for it,
as we had no previous intimation of
any effect whatever.
But this little incident may bear q
suggestion. The X rays are as yet un-
explained, but the suggestion, begin
ming with Professor Roentgen himself
has more than once been made tha-
they are longitudinal rather than trans
verse vibrations. 1t IS difficult to dstin-
suish q longitudinal displacement of
the ether from an electric current, as
far as it goes. 1t is a well-known method
OF exterminating hair, that of sending
current to its roots by a needle. If
any such quasi-electric current mas re-
suited from the X rays, the effect upon
the hair might be thus accounted for.
The intensity of the discharge was not
sufficient to heat the tube except very
Slightly, and the occasional small elec-
troStatic spark from the surface of the
tube to the hair, but which was hardly
noticeable, will also not account for
this effect-John Daniel of Vanderbilt
University in Science.
The record-union., 1896-05-05
THE QUESTION OF PUBLIC WORKS
AGAIN.

In another column Trustee ToZer ex-
plains that in his calculation for funds
for public works he did consider that
the bonds should be redeemed an
nually to the amount of the sinking
fund realized under the constitutional
mandate. He did not think it neces-
sary, however, to so set out, supposing
that would be understood, but admits
that It would have been better to have
stated the matter freely.
AS his letter implies there would be
no accumulation of debt to harass the
community as the old one has. for the
State Constitution requires that such
portion Of the debt incurred shall be
paid annually, as is produced by di-
viding the whole number of years into
the whole sum to be raised. In this
case. on the basis of 100000 of bonds,
we would pay annually $500, so that
each year the debt would decrease by
that sum, and the interest be each year
$500 less than in the preceding year.
This distributes payments equitably
along the whole term and puts the bur-
den not upon one generation, but upon
several. Under this system the assump-
ton of the obligation cannot become
burdensome, or ever be involved, as in
the case of the earlier debt which we are
just now closing out.
In five years the 100000 debt would
be but S262. 500. in ten years but S225,
600, and in fifteen years it will have de-
clined to S1S7, 900, and at the end of
twenty years precisely one-half. But
let the people consider for one moment
what will be the benefits to Saera-
mento at the end of five years by the
introduction now of clear water. and
early installation of a proper sewer
system, and the building of good
wharves and a decent city hall. Will
not the benefits to flow more than pay
for the investment? VIII not enhanced
values, increased comforts, multiplied
reasons for making this a place of resi-
dence betterment OF public health. and
lessened taxation by reason OF growth
The record-union., 1896-05-05
FOOT CRUSHED.
Shocking Accident to Young Brake
beam Tourist,

A youth named Frank Smith. about
10 years old, had his left foot so badly
crushed last evening that it had
to be amputated.
He and three other boys were steal.
ing ride to this city from Davisyille
on the brakebeams of a freight train
When the train reached here and be-
fore 1t had come to a full stop Smith
left his perch and undertook to craW
out from beneath the car, but one OF
the wheels caught his foot and badly
mashed it.
He was taken to the Receiving Hos
pital, where City Physician Nichols
dressed the wound, after which the un-
fortunate lad was taken to the County
Hospital, where the operation was per-
formed.
Young Smith says his home is in St
Louis, but he did not give any extended
account of himself His three COM
panions were detained for inquiry
They are probably all runaways