davidaulloa/AmericanStories huggingface dataset:
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
Grain Letter.

Reports from the seaboard this MORN
ing indicate that foreigners are taking
advantage of the decline in wheat ard
nave been rather liberal buyers, both Of
Dash and futures. Advices from Balti-
more are to the effect that the demand
for cash wheat for export account Is ur-
gent enough to create higher prices, r d
that while Paris Is officially quoted BIC
per bushel lowsr and Antwerp SIC lower,
there are numerous buying orders in that
market from the continent. This demand
has been the principal sustaining influ-
ence in our market today the heavy
clearances, which equalled 944, 900 bush Is
of wheat and flour, being an additional
help.
Liverpool opened rather heavy, about
Sd lower than yesterdays close, but there
was a sharp recovery, final prices show
ing portion of the reaction lost, the net
decline for the day being rs to 1%d The
position of September wheat is SO very
uncertain now and the delivery so badly
manipulated 1t is our desire to OPEN no
new contracts FOR that month.
1t advanced today SIC per bushel from
the close of yesterday. with orders hard
to- execute. The trading in December was
portion of which was lost.
Corn was strong and advanced under
spirited buying. Offerings were very
heavy at ona time. but he market took
them i'm a very free manner without suf-
fering much setback. Just where the buy
ing orders came from ds hard to deter
mina, but shorts We're probably active on
that side, while a reported better export
demand was reported, and claims that a
large portion OF the crop in Iowa will be
fit only for fodder unless the weather
TURNS not, evidently created a demand
for long account.
Oats have not been very active, but the
market was firm. Country offerings are
not as large as they have been and there
was very little pressure to sell.
Provisions advanced on withdrawal
of offerings and good buying by shorts.
FNg receipts were only moderate while
the cash demand reported was very large.
.45.4st ~. SEQ j. p. MUDD & co,
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
Stock Letter.

Birmingham, Ala, Aug. 25-For the
greater part of the day the professionals
hammered prices In efforts to produce
a lower range of VALUES. The bears were
favored by the adverse attitude of Lon
don. The seeming apwathy of large in
vestment interests and a falling off in
commission house business, although
there were occasional rallies. The re-
newal of pressure in the late afternoon
sufflced to bring about a fractional de-
cline in tn emajority of instances Ex-
ceptions to the current were to be found
in the New York Central, which rose
over per cent on unofficial reports that
that company's earnings for August
would make a handsome comparison,
and in Missouri Pacific which was help
ed by its increase of rs peE cent In gross
revenues for third week Of August.
Chesapeake and Ohio also showed con-
siderable strength.
In the industrials group sugar was un-
DER pressure and lost one point. The
close was irregular, but not weak.
J. P. MUDD & co.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

activity several times DURING the day.
The big bulls who engineered the recent.
Advance were all unders iood to have Sc
cured their PROFITS and vacated the mar
ket in favor of the small operators, who,
whil1 likewise friendly to wheat, were
afraid ito persist i'm aggressive actions. Ca
BILE news was bearish, with the single ex-.
ception Of Liverpool. The publication i'y
a prominent trade Journal of am estdma tt d
requirement of be tween three and four
million bushels by Europe was a CONFIRM
alton OF me most extreme buIlish news on
change. Mar the close the market
was firmly sustained by rumors that ex-
ponters mad picked up something like
100000 bushels at New York and out ports
to-day. Final figures for the day were
2A@3c. advance over last night. Total
rnansac Gonts today were upwards of A.
100000 bushels. At The lcse No. north
ern New York was guided nominally at
$1.09% adioat
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

Trains Nos 81 and IS carry Pullman vesti-
bule sleepers between st. Louis and jack
sonville and Montgomery and Port Tampa.
Trains Nos. 80 and So carry Pullman vesti-
bule sleepers>between Cincinnati and jack
sonvile.
pomery and Savannah on trains 81 and 53.
No. 30 connects at Dupont with through
sleeper for Port Tampa.
Train No. 5s, leaving Montgomery at 7:25
D. m connects at Port Tampa with Plant
Steamship line for Key West and Havana
Any information regarding routes, rates
and schedules will be furnished upon appli-
cation to
w. v. LIFSEY, D. A.,
Montgoneay, Ala.
b. w. WRENN, L. 4. M
Savannah, Ga.
nc. McTADDEN. A. G. r. A.,
Savannah. Ga.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

rather corfiicting. but we have received
reports from many responsible. CORE
sponden:s ito the effect that rus, worms
and shedding are beginning to cause
damage. The spot situation here lis very
strong. Spinne15 are prac tically bare of
stocks aus rs evidenced by the rather ur-
gent demand for cotton In this market
on The basis of cents.
T. Up. MUDD & co.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
Liverpool Cotton Market.

I Liverpool, Aug. 25-1 p. m.-Cotton spot
quiet, prices lower; American middling
fair 1920; good middling 411-32d;
American middling 3-16d; low middling
Allied; good ordinary S15-16d; ordinary
sgd.
The sales of the day were 5000 bales, of
which 500 bales were for speculation and
export and included 1900 bales American.
Receipts none.
Futures opened easy with a good de-
mand; closed steady. American mid
ding L. M. c. Aug. 4.06d sellers; Aug. and
Sept 4.01d sellers; Sept. and Oct. $3.50
sellers; Oct. and Nov 351@52d buyers;
Nov. and Dec. 3.49d sellers; Dec. and Jan.
3.4@48d buyers; Jan. and Feb. 3.47@48d
buyers; Feb and March 348d buyers;
March and April 3.49d sellers; April and
May 3.50d sellers; May and June S50051d
buyers.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

Chicago, Aug. 25.-Nearly all of yes.ier-
days decline in the grain pits We're re-
covered today. The bull pool made its
strength apparent in wheat and advanced
that option SC per bushel, while December
advanced &c. partly on account of the
upward rush of September, but principal
1y on account of the bulEshness of the
days news.
Corn was even more active than wheat
and closed at 16D1Ac advance.
Oats advanced 2c.
Provisions were unusually strong and
showed advances ranging from 171sc to
SOC at the cloSs.
leading tu,uIes rangeu follows
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
CENTRAL Or GA. RAILWAY CO.
Trains are run by Central Time.
Effective May 2, 1897.

For further Information as to schedules
rates, ETC., call on, or write to 8. Jacobs
Commercial Agent, Jack w. Johnson, u.
T. A.
Theo. d. Kline, General Superintendent.
j. c. Halle, General Passenger Agent
Savannah. Ga
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
New Orleans Cotton Market.

New Orleans, Aug. 25.-Cotton steady.
sales $500. Aug. nominal; Sept. 6.S60SSc;
Oct. 6.72@73c; Nov. 6.71@73; Dec. 6.72@73c;
Jan. 6.75@76c; Feb. 6.7S@80c; March $50
83c; April 6.S4Gp86c.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

New York, Aug. 25.-Evening Post s
London financial cablegram says:
The stoiek settlement today revealed a
small account, except in Americans
where the amount carried on behalf ef
New York operators is considerable Con-
.tangoes on Americans were 3@3h per
cer'.., except fec M waukse. which were
scarce and were carried over at IL per
cent. The tone CT the market was gan r
ally dull on Indian news, but there was
nothing doing and the fluctuations were
small. Kaffirs were;sav eak. Chilian and
Brazilian securities we're exceptionally
strong, but Uruguays- were quiet on re-
ports that the negotiations between the
insurgents and the government have
been broken off. Americans were heavy
in sympathy with the other markets and
the close was dull. Gold was in better
demand at IT'S I'D. Tomorrow 100000
pounds in gold will be turned over to ia
pan, and that country has begun to buy
gold in the open market. The silver mar
ket was disorganized. Operators SHOW
hesitancy to buy on the report that the
Indian minis are ito be rsopened. but are
accompanied by Il heavy import duty on
silver, thus increasing the difficulties of
currency without expanding exchange.
1t is understood the import duty on sill
yer is Ito be inereas ed. l can not vouch
for the p1s)ba bility of either report, but
the latter is more crsdiJ'e. The number
of Indian drafts to be offered next week
has been reduced to 1O4 lakhs the treasury
Balance being so low. Today's fall in ex-
change on Paris is ascribed to the fail
this week in the price of wheat.
Paris and Berlin markets are dull.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
PULLMAN CAR SERVICE

PULLMAN CAft SEHVICE.
Train No. 3S, leaving Birmingham at b:55
a. M, carries Pullman Buffet Sleeping Cars
at Atlanta with and forming a part of the
Washington and Southwestern Vestibule
Limited, running solid between Atlanta
tween Birmingham and New York.
Nos. IS and 36 carry Pullman sleeping
cars between Atlanta and New York. east
bound.
Additional information as to schedules.
rates, sleeping car reservation. etc., cheer.
of travelling passenger agent. No. North
Twentieth street. Birmingham. Ala: tele-
j. NJ. Culp. Traffic Manager. Washington.
d. C. af
w. H. Green, General Superintendent
Washington, d. c.
w. A.sTurz G. p. A., Washington, d. c.
c. A. Benscoter. A. G. p. A., chatta-
nooga, Tenn
j. P. Billups. T. P. A.. Birmingham. Ala.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26
The New York Grain Market.

New York, Aug. -.52hTere was
pause In the downward movement OF
wheat prices today, and cit the last price
of the session there. was a rise of cents
over yesterdays close. but this was still
315c undlsr the highest fl ure-s of the year
cn December. The market started out
with bulls in control end spirited CON-
petition for wheat between the local
shorts and he continental houses. Prices
ran up to CSC. against 95Nc. hast night,
hut on a succeeding cloud of selling or
dei-s in realizing and for short account dip
ped to 56Ac.. FROM which HI rose steadily
reaching 99%c. in the early afternoon on
GOOD all round bdying, led by Chicago.
..eesl spcallatios resulted in pronounced
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

NORTHERN ALABAMA RAILROAD
COMPANY.
Time table No. 3, in effect Monday, Jan. 4,
1897, at 500 a. m.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

Birmingham, Ala, Aug. 25.-The Sol-
lowing are the latest iron and coal quo
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

West bound-Read down. East bounn
Read up.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

Pork higher; standard mess jobbing
new 1925; old $S.55.
Lard higher; prime steam $4.55; choice
$3.50.
Bacon boxed lots, extra short clear
and ribs $6.371a; shorts $3.50.
Dry salt meats, boxed shoulders S4.25.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

GENERAL COTTON MARKETS.
The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-08-26

BIRMINGHAM 6 ATLANTIC r. r.. co
Time table No. q. taking effect a. m. July
4. 12AS - = ~@s
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29

During the first month Of the
Dingley laws operation it de-
pleted the available cash in the
treasury more than the Wilson
law did in any month of its oper-
alton. Stick Il pin here.
Without the residue of the
bond sales the administration to
day would be without dollar and
$50,000,000 short. And that
shortage would have been in
creased by the first months oper-
ations of the DingIey tariff law.
Stick pin here.
The Dingley law. which was
pointed TO as the law which was
to provide revenue in abundance
produced less revenue under its
first mouth OF operation than the
Wilson law did in any one month.
Stick a pin here.
Provide yourselves with more
pins and study the figures OF the
Treasury Department for the
month of August. Every time
YOU find set of figures that
proves the claims of the tariff
TAKERS fraudulent stick pin
there. But before doing this pro
vide yourself with a large supply
of pins. You will need them.
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29

The meaning of the conditions
thus shown is plain, and are well
well described by MIR. iiester,who
says:
"'They are the inevitable results
of the sharp competition between
the two sections and the certain
and steady removal of the cotton
manufacturing industry nearer to
the source OF production of raw
material. 1t is an economic
struggle, with the odds in favor of
the South and the superiority of
capital in the North. The final
outcome,aS foreshadowed bv what
has already taken place,is certain.
The natural protection of location
must, in the end, triumph over
the constant drain necessary to
maintain competition under less
favorable conditions. This, in
fact, is truism, and the state
ment is made in no sectional
spirit, but as self evident propo-
sition."
The disposition of Northern
capital to embark in cotton mill
ing in the South is becoming
more and more pronounced.
Every new mill is an advance,
as it usually is equipped with
the latest improved machinery.
The mills are getting closer and
closer to the cotton fields to the
enrichment of the South, but not
necessarily to the imroverish
ment of the North. The time is
very far distant, indeed, when
the North will not manufacture
cotton, but it has lost its pre-
eminence in that respect, and it
may expect to see the South
gradually approach and surpass
it in the number of bales used
every year without. however,
ceasing to be mighty factor in
the worlds industrial economy.
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29

amount of foreign cotton used
exclusively in Northern mills.
During the year four mills were
burned in the South, and eight
were eliminated or merged in
others, reducing the total to 463.
To this must be added 10 new or
uncompleted mills, making the
total 4S2. There was, moreover,
an increase in spindles, old, idle,
and not complete, of 15S,753, and
a gain Of spindles at work of 4G3,-
267 the total number in operation
being 3,4I9,663.
Mr. Hester gives the following
statistics of the cotton mills being
operated in the various Southern
States.
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
WONDERFUL are the cures by
Hoods Sarsaparilla, and yet they
are simple and natural. Hoods Sarsa-
pari!la makes PURE BLOOD.
Stick the Pins Here.
From the World-ITcrald.

From the World-IIerald.
Under the first month of the
Dinglcy bill the receipts from
customs were less than they were
under any month of the Wilson
law. Stick a pin here.
During the month of August,
under the Dingley bill, rcmcm
ber, the expenses exceeded the
receipts by $1i,5G4,433. This is
at the rate of $l76,931,l96 year.
stick "A pin here.
During the month of August
the first month under the Ding
ley law--the Geficit was greater
than for any month in twenty
years, and the deficiency for that
one month was within 50, 900, 900
of the deficiency during the en-
tire last twelve months of the
Wilson law. Stick pin here.
The national debt was increased
during the first month of the
Dingley law to the extent of $14,.
SSS,476, and that is more than il
was increased during any one
month Of the Wilson bill. Stick
pin here.
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
Year ending
Southern Northern

oo,.,..; !, j., m
hos .,oadn,. ,,.o,.,,.., 49,. =,
o,,.,., ,oo, =,
,.,,.a L -, 80, o.,
L,I, ,o,,c-, no,
holo, ,,,u.I ,,,o ., 20
:, -,
;,,,,...... H. -,a a"a
L,l. .o,nsn 49,, nnn
,,,,,I ~,
L',.o -
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
Food Tor Legislators. l.
By George II. Lacey, OF Delaware.

By George III. Lacey, OF Delaware.
While the brains of the nation
are wrestling with the financial
question, with no prospect of an
early solution, unless they sur
render their convictions to the
money power, temporary di-
vergence might relieve the strain,
and pave the way to a more equit-
able and logical solution of the
important problem. While it is
most essential that the values ere.
ated should be represented, meas
ured and exchanged by an agent,
both stable and unimpeachable, it
may we'll be questioned, if, after
all, we have reached the root of
the evil. The problem with
which we are wrestling is not a
question of money, either as to
It's quality or It's quantity, but a
question of the ratio of distrihu.
ton between loanable capital and
the earnings of productive indus
trv. or the rates of interest which
the borrower paws for the uso or
money
If there were no debts and NO
debtors.no borrowers and lenders
this article wouId he rohbod of
its pith and noint Rut unfor,u
natclv. we have them all and ,hn
rate of interest which tbn horrowor
pay, the lender, is The ratio or
distribution,
The rate changes. rs the rosult
of two factors. fine one. tbc Inv of
the domicile: the other The mo.
ccssitic, of the borrower The L.
cal rate varies from six per cent
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
THE EDREADED CONSUMPTION
CAN he CURED.
r. a. SlccuIn. M. g.. the Great
Chemist and Scientist, Will
Send. Free. Three Bottles of
His Newly Discovered 1scIlic-
dies tO Suffers.

EDITOR ENTERPRISE IL have dis
covered Il reliable cure for Consump-
tion and all Bronchial, Throat and
Lung Diseases, General Decline, Loss
of Flesh and all Conditions OF VAST
ing Away. BY its timely use thou
sands OF apparently hopeless cases
have been cured. SO proof-pOsitive am
of its power to cure, that To make its
merits known, | will send, free, To any
afflicted reader of your paper, three
bottles Of my Newly Discovered Rene
Office address. Il. \. SLOCCM. NJ. c.,
- Pine st. New York.
When writing the DO",or, please mention
this paper
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
SOUTHERN COTTON MILLS.
The Consumption of the Great
Staple Now Exceeds One Mil.
lion Bales.
Manufacturers Record.

Manufacturers Record.
a fact full of congratulation
for the past and encouragement
for the future, emphasized in the
valuable report of Mr.. Henry G..
Hester, secretary of the New
Orleans Cotton Exchange, is that
for the first time the consumption
of cotton by Southern mills has
reached and passed the 100000
bale mark. The development of
the cotton mill industry has been
wonderfully rapid during the last
five years. Comparative figures
for a decade will demonstrate this
in the most striking manner, as
follows:
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
ALLIANCE DEPARTMENT.
IL. Il. N/SBE'T E2it0r.

Those who have ordered their
bagging and ties through the AL
liance exchange will please call
and get them as soon as possible
as we have to get them off in
time to meet the drafts at the
bank when due.
Please attend to il at once.
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29


stantly banking upon the future,
pushing credit to the utmost linn
lt,and paying for it but the bur
den, ultimately reaches back to
the producer of wealth remorse
lessly and relentlessly, and the
ratio of distribution has so far eX-
ceeded the ratio Of increase in ma
tional wealth, that Capitalization
has gone on so rapidly as to
threaten the stability of Il popu-
lar form of government. In 1860
we had Il national wealth of SIG,
OO0,O00,000; in 1890 we had a
national wealth of SG5, 100000,
OOO; in 1891, as the result of
Cloveland's policy. inaugurated in
1892 and dictated by Wall street,
the panic and depres sion Of values
which followed. left Ia with ma
tional wealth Of $50, ,0OO,OO0.OO0.
Here is a period OF thirty four
years regarded as the most pros
porous IN our history.
Money at four per cent. per an
mum doubles in seventeen wears.
Beginning with $l6,000.O0O,OOO
in 1860 if we had increased at
four per cent. per annum we
ought to have $64,OO0,OO0,OOO in
1924, but only had $52, 2,00O,OOO,-
600, showing that the increase is
only about three per cent. per
annum. We owe in railroad
bonds alone Sl2,O00,O00,O00
which as rule bear six per cent,
and sell on the market for about
15.4,so that the proceeds of these
bonds bear 10 per cent. burden.
The municipal Indebtedness of
the country, the corporate indebt
edness, the partnership indebted
ness, and the individual indebted
ness amount to $lS,OOO,OOO,OO0
NOSE upon which the burden, di
rectly and indirectly, is fully 10
per cent. per annum.
The nations aggregate debt to-
day is fully $30,000,0OO,OOO at 10
per cent. or an annual burden of
$3,O00,000,000 which the pro
ducing interests must pay, if paid
at all, while the increase in ma
tional wealth from all sources is
less than $2,OOO.0OO,OOO. This
proves conclusively that the cen
tralization of wealth in this ma
ton is annually 81 1,000,000,00O,
and that is why in fifty years we
nave made more millionaires
than all the world beside. Unless
this changed by timely and effect
i've action a revolution or mon
archy is inevitable. What is the
remedy
Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, 1897-09-29
Notice.!

10 tho tax payers of Lancaster County:
III" itE BOOKS VIII bc open in the office OF the
County Treasurer FOR Lancaster county for the
correction oi taxes FOR nsCal year lsy1 from the
10Th day OF October to the 3Ist day OF Dccem.
l,.ar
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-12-06

To the Editor OF the Indianapolis Journal:
In your valuable paper of late there has
been a great amount of agitation on the sub
ject of natural gas going to waste In the
issue of Dec I / notice a statement from
John r. Pearson, manager of the Indian
apolis Gas Company, that charges the waste
of natural gas to the greed of the land
owners. 1t is not to be supposed that any
one of the large gas companies that are
operating in the gas belt feel like letting
farmer make anything out of oil or gas
either; they would confine them to the pal
try sums they pay for leases. These cor
porations have mapped and located the we'll
sites in almost every instance so that they
could draw the gas from under farms I'm
leased. Not satisfied with gas lease alone,
are a great number of farms not leased
bv these corporations, neither will they be
leased Have we not as much right to draw
the gas from a gas company as II mas 10
draw from us? Knowing that they have
great part of the farms leased for both oil
and gas, they now go so far as to intimate
developing oil territory or compel
them to shut the gas in. The
gas companies anticipate oil in the near
future. and as they have made exorbitant
incomes on their investments they still want
the privilege of continuing. OF course,
is worth, and know that gas ought to be
taken care of. If we could have held our
gas for the benefit of ourselves we would be
able to have for an unlimited time the pest
fuel on earth Our forests are getting de-
pleted and it would be much easier for the
residents of towns and cities to snip coal
than we; therefore, taking our rights into
consideration along with other persons, we
think if justice has its dues yes there VIII be
ONE OF THE FARMERS.
Yorktown Ind, Dec. A.