davidaulloa/AmericanStories huggingface dataset:
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
Cotton
Special 10 The Messenger,

CSpeclal 10 The messenger
New York, March l3.-This week In
the cotton market has been a very
quiet one. The volume Of business has
been small and confined, TO an unusu-
ally great extent. to the professional
traders around the ring. The uneasy
feeling over the situation in the Levant,
which resulted last week has practically
disappeared and values show a small
net gain since last Saturday. The
lighter movement OF the week and the
talk of overfows in the south affected
Liverpool this morning and that mark
ct advanced 3-64d. Prices here opened
higher, May selling on the call at EOS.
The local bulls made no efforts to press
their advantage and as there were few
outside orders the market was lower
after the opening. May declined to-
7.05 and closed at 7.02 to 1903 with tho
market quiet and steady. The situa-
ton at present is a peculiar one. Spec
ulation is still dormant and those oper-
atorS who have not entirely withdrawn
from the market appear TO be devoting
their attention wholly to scalping
operations. When the market becomes
firm they buy for an expected advance:
when it fails to materialiZe Immediately
they sell their cotton out again. This
feature accounts for The fickleness OF
the market which has been so pro-
nounced of late. Such a condition can
not last long now. 1t will soon be
demonstrated what the value OF cotton
is and we shall have a sharp move.
ment in one direction or the other.
We do not believe hat this direc-
ton will be downward. Our corre-
spondents in every section Of the south
reiterate and emphasize their former
statements that the amount Of cotton
left there is phenomenally small. The
also, with practical unanimity. assert
that SO far preparations for the new
crop are far behind hand. There is no
doubt that the European war clouds
are less threatening, that the mills here
and abroad will become ready buyers
on the first signs of an advance or hat
general business shows a steady and
gradual Improvement. These factors
all point. we think. to higher prices for
cotton. Trading in the new crop months
has become quite active during the past
week and they have been the leaders in
such movements as the market has bad
RIORDAN G. co.
(By Southern Press.) :
New York, March 13.-The Suns cot
ton review says: Spot cotton here was
unchanged, with sales of Ts3 bales for
export and 1S5 for spinning. The cotton
market today was extremely dull and
the fluctuations in prices were few and
confined within narrow limits. near the
last quotations being practically UNI
changed from the opening prices. The
total sales for the day were n mere
bagatelle, being only q, 900 bales. The
sentiment, however. was bullish, and
as there was very little disposition to
sell, prices advanced slightly on a small
local demand. Liverpool was higher,
both for futures and spots and The
Chronicles weather report was bullish.
while the daily weather man, indicating
further rains in Alabama, also contri-
buted to strengthen. the tone.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
New York STOCK MARKET.

New York, March 13.-Speculation at
the stock exchange today was more
active and the market broader thar for
a long time past. The sales for the two
hours amounted to 1886 shares. and
the business was unusually well dis
tributed. A feature OF the trading
was the increased demand for outside
o The Vanderbilts were again
the leaders OF speculation and 1t was
stated that a powerful syndicate was
at work in these stocks. Omaha COM
mon was the most active stock on
the list, figuring for IL. 400 shares in the
total transactions. The price rose to
61A, the highest point ever attained.
Big Four, New York Central. Lake
Shore and Canada Southern were in
sharp demand at a higher range. The
talk about an early retirement OF the
high interest-bearing bonds OF the New
York Central strengthened the stock.
Among the Changers st. Paul was nota-
bly, firm and rose to 7sh. Manhattan
felt the influence of covering OF short
contracts and sold as high as s5E. In
the Industrials. Rubber was pressed for
sale, the common falling from IL to 1871
and the preferred from 6sl to Go. The
decline was due to rumors from Boston
Of troubles in the trade. Chicago Gas,
Leather and American Spirits ruled
firm. The last named was bought on
reports OF an early adjustment with
the outside dfstilleries. Western Union
was less prominent. the demand from
the shorts having ahated. The weekly
hank statement had little influence.
The statement reflects the recent heayy
withdrawals Of goods from bonds and
the more active inquiry for time Money.
Speculation closed firm in toneyANet
changes show gains of u to 2 per CENT,
Nickel Plate. second preferred, leading
Bonds were active and strong. The
sales footed up 81. 273. oOt.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
Greek Steamer Driven From Canea.

Athens, March 13.-The Greek steam
er Smyrna arrived at Canea this
morning. Immediately after she had
come TO anchor her captain received
ar. order from one of the foreign ad-
mirals, presumably Admiral Canevaro,
of the Italian navy, who IS by reason
of seniority in command Of the COM
bined fleets, directing him to leave at
once. The captain of the Smyrna re-
fused to do so, whereupon the admiral
who issued the order sent him notice
he would be given five minutes in
which to obey h order. If at h ex-
piration of that time the st~H-oer still
remained in port an armed : would
be sent to cut her cables. In view OF
this peremptory notice h Smyrna
weighed anchor and left Canea.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
THE TOBACCO TRUST WINS.
The Suit Brought to Annul it's Charter
Dismissed by the Court.

Trenton, N. j., March I'm the suit
brought to annul the charter of the
American Tobacco Company and break
up what is known as the tobacco trust,
Vice Chancellor Reed, this morning filed
an opinion dismiSSing the bill and end
ing the present litigation against the COM
pany. In the of the vice chan
cellor, the action was brought Ito restrain
the defendants from tranSacting their
business and conducting it in a manner
prejudicial to the compliments and in
furious to the people of the state of New
Jersey"
The bill was filed by Attorney General
Stockton on the petition of John L. and
Frank w. Miller, jObberS in paper cigar
cites, with whom the American Tobacco
allegation of the Millers, because they
persisted in also handling the "Admiral'
cigarettes, manufactured by a rival cor
%poration. Among other things the bill
filed set out that for many years prior to
January 21st, 1890, the manufacturer
composing the American Tobacco Com
each other. The trust was then formed;
being composed Of William S. Kimbal and
James T: Hart, under the firm name Of
Charles G.. Emery, under the firm name
of Goodwin C Co, New York; Allen &
Ginter, of Virginia: w; Duke & Sons
Kinney Tobacco Company. of New York.
The capital stock was $25, 900, 900, and they
have been selling 95 per cent. Of all the
cigarettes sold in the country. The com
plainantS alleged that soon after they be-
gan dealing in "Admiral' cigarettes they
received a communication from the
American Tobacco Company, which eX-
pressed their displeaSure. This was fol-
lowed by a refusal of the American To-
baccO Company to sell them more goods.
Vice Chancellor Reed holds that the
equity court has no jurisdiction; that the
proceedings should have been brought in
the nature of quo w~arranto, and that cor
pOratiOns have a right, when legally
formed. to deal the same as individuals.
The point raised by the compliments and
Vice Chancellor Reeds full views may be
inferred from the following syllabus,
which he has attached to the decision.
1. A court of equity does not possess the
under the forms Of law from performing
acts within it's corporate power, merely
! because some Of the steps taken in or.
| ganiZing the company may have been ir-
| regular or because the purpose of the
incorporators may have been to estab-
lish a monopoly.
| 2. Under these conditions quo warrantc
| right of the corporation to exercise its
franchise.
| 3. A corporation, until it's charter is
| a%nnulled by such a proceeding at law, has
the same authority as an individual
| trader or manufacturer to sell or consigr
it's goods, to select it's selling agents and
to impose conditions as to when they
| sell.
4. A decree restraining the officers ent
agents of a corporation from executing
! corporate acts is the same as a decree
| enjoining the corporation itself.
| r. v. L~indabury of Elizabeth AND
| Joseph Choate. Of New York, conducted
the case for the American Tobacco Com
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
Mrs. Ruiz Demands Indemnity of Spain

Washington, March 12.-Secretary
Sherman had a call shortly before 10
o'clock this morning by appointment
from Mrs. Ruiz, widow of the man who
is alleged to a been murdered in
the military prison Of G~uanabacoa, Gu
ba, several weeks ago. Mrs. Ruiz was
accompanied by her five children and
an interpreter, whose presence was
needed, as she is unable to speak a
word OF English. The interview, which
lasted abOut five minutes, was devoted
to a pathetic recital of the total desti-
tuition of the family and their reliance
upon the United States to secure an
indemnity from Sptain on account OF
the death Of Ruiz, who, it is claimed,
was a naturalized American citizen
practicing dentistry for h past fiji
teen years in Cuba. Secretary Sher-
man, after hearing the complaint, sug-
gested hat it would be necessary to
put the petition in writing, when the
department would give it prompt con-
sideration.
Mrs. Ruiz and her children subse-
quently called at the White house at
2:15 O'Clock p. m. and had a brief in
terview with the president.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16

New York, March 12.-The rush of
merchants to the custom house in this
city to withdraw goods in bond be-
cause of the expected increase of du-
ties under a new tariff law was con-
tinued today. TT was estimated that
tOday'S Withdrawals wOuld a $780,
600. Some of the merchants are fearful
that a tariff bill may be passed with
a retroactive clause or one making its
provisions date from it's introduction
instead of some time after it's passage.
The following shows the daily pay
ments ON Withdrawals at this port
since the beginning of the month and
exhibits the big increase in the last
three days: March 1st, $79,9O7: 2nd,
s96.213; 3rd, $76.223; 4tll, sS1,077; 5th,
s76.15S: 9Th. s47.667: Sth. sSO,S19: 9th,
s10S, 800: 10th. 1854. $50; 18th, s47S,S97.
Loans to the amount of about ST.
600. 600 are reported to have been OBJ
tanned from the local banks within a
week by merchants. who fear an early
passage of a new tariff law. The a y
ments have included large Withdrawals
of wooden goods and of tobacco. The
total amount of duties u on goods in
bonded warehouses here is close to
500 900. 900.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
EMPTY HONORs.
Nominees Of Democratic Caucus for Onices
Of tho House of Representatives-Mr.
Bailey, Of Texas, Nominated for Speaker.

OoAACys Va ACA0os AoA RCSACAs
Washington, March 13.-This ticket
was nominated at the caucus of the
democratic members Of the house this
afternoon: Joseph w. Bailey. of Tex
as. speaker; E. G. Bagby, OF the Dis
trict Of Columbia, chaplain: James
Kerr, of ennsylvania, clerk: H. H.
Mohler. OF Illinois, sergeant-at-arms:
G. NJ C~rookshank, OF Alabama, door
keeper; T. b. Stackhouse. OF South
Carolina, postmaster: Ike Hill. of Ohio.
George Browning, of Virginia, FELTON,
knight, OF Georgia, and James English,
Of California. special employees
There has been for several weeks an
active for the speakership
nomination. Three candidates were
Joseph w. Bailey. Of Texas; Rento
McMillin, Of Tennessee, and James d.
Richardson, of Tennessee.
Bfore the caucus met today Mr.. Rich
ardson withdrew, with the understand
ing that he should be elected perma-
nent chairman OF the democratic eau
Gus. This vas supposed to narrow the
feeling to Bailey and McMillin. but af-
ter these gentlemen a been placed in
nomination a third candidate was pre-
sented by Mr.. Terry, Of Arkansas. in
the person of Mr.. Richard Bland, Of
Missouri, the silver dollar candidate for
presidential honors at the Chicago con
vention. Mr.. Bailey proved to be an
easy winner, securing a larger vote
than both his rivals combined. The
five members Of the New Yor delega-
ton, excepting Mr.. Sulzer, supported
Mr.. Bailey, the remainder of his vote
coming principally from the south. The
vote was: Bailey Sc. McMillin 80
Bland %.
Mr.. Bailey was awaiting the result in
the appropriations committee room,
where a committee, consisting of
Messrs. Sayers of Texas, Cox of Ten
nessee, n Mcclellan Of New York
met him, and after extending their on
gratulatiOns escorted him to the house
chamber, where he was received with
applause. The young Texan aScended
to the speakers platform and express
ed his qualification at the honor con-
ferred upon him, n advocated har-
mony in the party.
The following resolution, offered by
Mr.. Dockery, Of Missouri, was adopted:
Resolved, That a committee OF five
representatives be appointed to confer
| with the democratic senators for the
purpose Of having a joint caucus Of
| senators and members during the Fiji.
! ty-fifth congress-, to the end hat har.
mony and uniformity Of party actor
may prevail in the course to be fol
lowed by the democratic senator's anG
! representatives.
The caucus then adjourned.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
THE WORST OF THE WINTER.
Fearful Snow Storm In the Northwest.
Snow Several Feet Deep and Sti1l Falling.
Mercury Far Below Zero.

st. Paul, Mimi. March 12.-Last
nights storm was the greatest of the
winter, the greatest for several winters
in fact. The fall of snow was six
inches and a heavy wind drifted his
and the snow already on the ground to
ten to fifteen feel. Street railway traf-
fc was pretty completely resumed to-
day, but steam railways are still in a
state OF demoralizati, n The Pacific
Goa trains coming into the ST. Paul
depots this morning presented an ap-
pearance seldom seen, ever in the wild
est kind OF a blizzard. The Great
Northern coast train, due here last ev-
ening, came rolling and painting into
the union depot at $40 O'Clock this
morning. When it n the curve
and came in sight of the depot it
looked like a big white bank of snow
moving steadily along and emitting a
black stream of smoke. Not the re-
hottest resemblance to an engine could
be seen.
The train was hauled by two enor-
nous mOgulS, each coated from six
inches to several feet deep with frozen
snow. The engineer and iremen were
drenched with snow which melted in
side the cab and were completely eX-
hausted. They describe the snow buck
ing done by the train as something
wonderful. There is from three and
One-half to five feet of snow on the
grOund al OVer this section. Another
old wave has swept down pom Min
nesota, and the signal service reports
indicate that the temperature will be
at least eighteen degrees below zero
here in the morning.
Eshpiming, Mich, March 1.-THE
worst storm in five years is raging in
the upper peninsula. Freight trains are
blOckaded on both the South Shore
and Chicago and Northwestern lines.
A freight train OF the latter road has
been stuck in a drift at the Buffalo
mine, Negaunee, since 6 O'Clock this
morning. Fifty men were at work all
day clearing the track, but the storm
did not abate. and the train will q
be moved before tomorrow. In some
places the snow is from six to ten feet
in depth, with drifts rapidly grow
ing larger. The street cars are making
no attempt to run and business gener-
ally is at a ~StandStill.
Milwaukee, Wis, March 12.-Dis-
patches from the northern part OF the
state report the severest storm Of the
season. At Grantsburg, more than a
foot Of snow has fallen and is drifting
badly. At Hudson and Black river falls
trains running on different branches OF
the Omaha o are from two to
eight hours behind time.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
THE ARBITRATION TREATY
AGAIN UNDER CONSIDERATION
BY SENATE COMMITTEE.
h Committeee Favor Amendments Pre-.
viously Report.d-FaNing or in Post.
office Receipis-Only Seven Out os Thirty
Largest Offices Ahow Increase for Febru.
airy Over Same Month Last Year-Cuban
Policy of the Administration.

airy Over Same Month Last Year-Cuban
Policy Of the Administration.
Washington. sIarch 12-The senate
committee on f reign relations today
considered the arbitration treaty with
Great Britain from 1890 o'clock a n.
until Las p. m, without reaching any
conclusion. = further melting will be
head Monday. Prior to adjournment
Chairman Davis put each Cs
his honor rot to say anything about
the discussion. II is known. however,
that the committee favors the amend
ment previously reported, eliminating
from TIE scope of the treaty all ques-
tons pertaining to the domestic or
foreign 0Clicy Of each party and a new
one will prohibit the selection Of mem
bers o. the supreme court of the United
States IS members of the court should
the treaty be agreed to.
Postmaster General Gary today gave
out q statement showing the gross pos
tai receipts of the thirty largest post
offices for February, 1897, compared
with the same month of 1896. There
was a net decrease of s125, 019. The
first seven offices, New York, Chicago,
Philadelphia, Boston, ST. Louis. Gin
cinnati and Brooklyn, showed marked
decreases, Chicago falling off 1888
and Philadelphia S22, s26. Of the thirty
offices only seven increased their re-
ceipts over February 1896, the increases
being slight. They were at San Fran
cisco, Baltimore, Rochester. New Or
leans. Newark, Hartford and Rich
mond. The total receipts for February,
1897, were 3d. 97, O66, and for February,
1896. 81, 722, OS5.
The secretary of the treasury has
given out for publication a list of appli-
cations for offices under his depart
ment.
= 1t is understood that at the cabinet
meeting today the Cuban situation was
discussed, and hat the discussion end
ed with the understanding that the pol
icy hitherto pursued of strict neutral
ity and enforcement OF our neutrality
laws would be adhered to so long as
the conditions remained as at pres
emit
Hon.. Benton F. McMillin, Of Tennes
see has been appointed chairman Of
| the executive committee of the associ-
| alton of democratic clubs, of which Hon.
| Chauncey Black, OF Pennsylvania, is
| president. The other members of the
| committee will be announced in a few
days and it is said only those who were
loyal to the Chicago platform will be
| appointed.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
MARKETS BY TELEGRAPH.
FINANCIAL.

FINANCIAL.
New York. March 13.-Money or call
ing exchange steady with actual bust
ness in bankers bills at s4.S5hGA.S5Z
for sixty days, and $4.S7GS4.S7h for de-
mand. Posted rates $4.S6h @s4.SS. Com
mercial bills at s4.s4@s4.S5. Bar silver
63S. Government bonds higher: state
bonds dull: railroad bonds strong. Sill
yer at the board was neglected.
Treasury balances: Coin 1871, 100, GAL;
currency $64, ISL, 1856.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
A Disastrous Fire.

Savannah, Ca, March IA special
to The Morning News from Quitman,
Ga, says: The most destructive fire
ever seer in Quitman occurred this af-
ternoon. The fire alarm was sounded
about 3 o'clock. The fire started in a
large wooden building occupied by the
Blount Turpentine Tool Company, and
the Tower machine and handle fac
tory, and Bridgers' blacksmith and car
riage factory. The building was a reg
ular plumber shop, and it required only
a few minutes for the flames to con-
sumo it. A stiff wind was blowing
and for a time it looked as if the whole
business portion of the town would go.
The fire started from an improvised
dry kiln, owned by G.. NJ. Badger. He
undertook to dry some lumber in the
building.
Carried by the wind, the flames leap
ed from building to building with UNI
conquerable fury and spread over a
wide area before they finally burned
themselves out.
Legislative Cranks and Jokers..
Very few people know the extent to
which the crank tries to make his in
fluence felt in national legislation.
There are people who seem to think
of nothing else but formulating bills
to be presented to congress and the leg
islatures. Sometimes the wag tries his
hand, knowing that in the pressure of
business his joke may bear full fruit.
Senator Blair, of New Hampshire, was
a notorious victim of the wag. Twice
in one session was he viczimized. In
one case Mr.. Blair introduced a bill to
enact a law causing parallel lines to
meet" and in another a law %authoriz-
ing that thereafter the foot rule shall
measure ten inches in length" Both
bills were introduced and referred be-
fore Mr.. Blair found out what they
really were.-Savannah News.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
E1IlrOa1 Receiver DISCHARGED.

Charleston. S. c., March 13.-Judge'
Sironton today discharged Mr.. H. G.
Beattie as receiver of the Carolina.
Knoxville and Western railroad. The
road was sold some months ago. and a
special master had reported that the
receivers accounts were correct and
closed. Mr.. Beattie was relieved Of
his office. :.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16

NAVAL STORES.
Spirits Notwithstanding doing.
Rosin firm at $1.45 and $50
Tar firm at 81. 90.
Crude turpentine nominal: hard $3.50;
soft $3.50.
Prices same day last year-Spirits
turpentine at &C and 25kc: rosin $3.50
and s1.35; tar soc; crude turpentine
$3.50 and $40.
Receipts today-15 casks spirits tur-
pentine, 331 barrels rosin. 142 barrels
tar. - barrels crude ~turpentine.
Receipts same day last year-6l casks
spirits ~turpentine. 25s barrels rosin. III
barrels tar, - barrels crude turpen-
time
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16

Henderson remarks that IL some peo-
pie knew how little they knew they
would know a blamed sight more than
they 10 know.-Boston Transcript.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16

WILMINGTON MARKETS.
r

COTTON REPORTS
Wilmington, N. c.. March Is.
Receipts OF cotton today-75 bales.
Receipts corresponding day last year
19S bales.
This seasons receipts to dat-231. 200
bales.
Receipts to same date last year
159, 500 bales.
The quotations posted at I o'clock to-
day at the exchange:
Cotton steady.
Ordinary .......... .............. AZ
Good middling s
Low middling ............ ........ eE
Middling ......... ..........
Good middling ........... ....... Z 5-1S
Prices same dav last year -Ac
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16
COTTON

q 8 new rs reg. 123H, do coupons.
>ssked. thid. tex div. Ssellers.
The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1897-03-16

Joint Note to be Sent to Greece.
Proposition totLand an Army In Crete.
The Question OF COerciDs Greece by q
Blockade Greek Troops on Turkish
Frontier-Turkey Wants to Buy Some Of
Our NEUTRALITY-SUSPICIOUS. Troops Massed
on Armenian Frontier.