davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08

patches from Admiral Dewey. relieved
the natural uneasiness that was begin
ming to be felt over the prolonged delay
in receiving official advices from him.
The continued excitement and advanc
ing prices in wheat gave added strength
to the stocks of railroads running
through the wheat belt. The bank state
ment was also interpreted as distinctly
favorable.
The force of the upward tendency OF
prices was remarkable in the second
hour, and the days net gains range be
tween / and , points for most of the
leading stocks.
The animation and strength of the
stock market during the week has been
in strong contrast to the lethargy of the
early part of last week.
1t is an old established maxim OF
markets that naval or military victory
will result in rise. Commodore
Dewey's victory, in its completeness and
thoroughness, with which the work was
done, would naturally be particularly
forceful.
The demonstration it gives of the in
capacity of the Spanish naval resources,
and the demoralized conditions Of Span
ish financial and governmental conditions
ut home, which have followed make an
early termination of the conflict to be
counted on. But it is the favorable con
ditions at home which will he given full
play by the ending of war. that the stock
market has found its greatest ground for
confidence in the future The weeks de-
relopments in the wheat market alone
give the brightest promise for future
growth OF prosperity in this country. The
weeks developments in the money mark,
ct show that the long process of prep
aration to meet the country's war needs
has been completed The period of con-
traction and timid piling up of reserves
is over, and the conditions made in lend
ing money are more liberal.
The bond market has fully shared in
the activity and strength of the stock
market, and prices are higher all around.
United States new As have advanced
324. old As registered Ia, SIS coupon ~,
old As coupon / and the IS registered
q in the bid price.
The total sales Of stocks to-day were
322, 900 shares, including Atchison, pre-
ferred 10,430; Chicago, Burlington and
Quincy, 26,965; Louisville and Nash
vile, 1885; Reading, LIST preferred, g.
100; Missouri Pacific, 7,460; Northern
Pacific, 1920; Northern Pacific. prefer
red. 10,4S5; Rock Island, 29,605; st.
Paul, 31,965; Union Pacific, preferred,
2S,020; Wabash, preferred, 1860;
American Tobacco. 24,930; Peoples Gas,
$3.50; Sugar, 36,
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08

be comparatively small, and that the
crop Of '9S will be marketed upon a
hlgher plane of values.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
VALUABLE CITY PROPERTY FOR
SALE.

BY virtue Of power and authority CIV
en- in a deed Of mortgage which is duly
registered in the office of the Register Of
Deeds for Wake county, book No. 05,
page 100, l will sell on Monday, the 9th
day OF May, 1898, at II O'clock NJ, at
the court house door in Raleigh, to the
highest bidder for cash, tract or parcel
of land lying in and adjoining Raleigh,
and bounded and described as follows:
Beginning where Johnston street ex-
tended, reaches the eastern line of the
late Paul G. Cameron, thence northerly
with said Paul @. Cameron's line to
Peace street extended, thence east along
Peace street, crossing st. Mary's street
to Boylan street, thence south with Boy
Ian street to Johnston street, thence
along Johnston street to the beginning,
being the same land conveyed to the
party Of the first part by deed registered
in book Al at page 766, except that part
heretofore conveyed to Frank Brooks,
the trustees of Brooklyn church and
Geo. w. Poe, the part to be sold contain
ing about FIVE and a quarter acres.
W. p. BATCHELOR,
Attorney and Agent for Mortgage.
April s, 1888.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08

'asu uuoGaa nB were g. follows. 4,
spring 1Ot a 90, No. red l6!a s. Core, n" nl .
3th ASK. oats, NJ. BIN. wb"e ooAa
"a ~. wh'|o 8!%al} Rye NO y ~. ba'
ley: No: 2 Asa ~, a. rive ; TI mo s. d
saSta'.s6 Mes, pork, psr bhl, SO 75a
rIaro per 1rU It's 8 S5najSh SHIRT RIB secs
or 0g5c9ai50 Dry-salted snpnlders( O01S,n'
4kaf, Saurt uleRT siaet iho1ec)3 Whis
aes, .iistlliers friaSao 0nod'. per gallon sLSO.
NEW YORK.
NEW YoRK. NAV 7-Flout strong city
mill patents 81 a73l: do clear SLoJI5.5o:
Minnesota patents 6.2Oah6O, Minneaofa na-
kers q at.e6; winter patents sAs5aSb,Sb; &C. ~.
straight, sh6b04:7O; winter extras so65a4'iV'
winter low grades 82.JOa3.OO.
Rye hou' quiet; srpert1ne % co. tRn"v 80
Corn meal rrm yellow western 70 eiGy
y: Prandywine 81 05a5 TO-
Rye Arm: Mo western "a; state rye -.
Barley dull western Eeeo1ns 4S4; barley
pall iet western sSaf0
Waeat. .nt str nP: No. 2 red 1s2; options,
May o ed 81 81 Jniy closed 81 ~
tom spot. strong NJ 2 'OSall options,
May closed;9& July closed S"%
tiets, spot ste dy, NO. Z. S5h a3iK; options
Hay quiet; shippiog aCa35; good to choice
Beef strong family sl2 5lal3OOi extra mess
10 Hatl.tO; az eff hams S22 0U2t.0O; packet ll.bta
~ on city extra India mess SlS Olal9 OO. go,
Out n eats stea ); pickleu bellies 6AalH;
80. D cFItd SHOULDERS 5: DO. hams TAOS.
iaArc qui I; western steamed 10 10; CITY -
way o. q; letin quiet contineet $hIo'
South American 1910 compound AJAX
Pork eas,er: mess t1U. all. o, snort clear
sIl.0 5u0; family Sl2.Uak5 So
Butral steau y; " esteTt creamery IAN GIL, GO
factory I8salAh Elgins IL: imitation creamery
i4albA: State dairy l4al6N; do. creamery
llkal7.
Cheese cas- e~ large white, az
Eggs stesdJ state ann pea0sv vauto ia
lis: ' estern fresh iUhall southern l0al0h
Potatoes steady; New YorR SS.3IAG@o0'
sweets st.00a4 81
country 3A aa,k.
Petroleum firm; Uuited 49, :: refined New
Fork 10 %; Philadelphia ano Baltimore t5 81;
10. in bulk I3.t5
Rosin firm strained, common 90 good
Ala aL41k.
Turpentine STEADY at 32k a3S
Hlce 1rm: 6oh,s sic, tRlF 90 extra 5B@
TX: Japan bAas
good to choice. 26aaS.
Cabbage steady: Southe n Sl7ia'.00.
Cotton Eeeu oil t. y; prime crude ~
do summer yellow 2ia2lh butter oil 26a9S
Coffee-Opnons, May $780, Septem 7er st.7b;
SPOT, BIO quiet. no. invoice ~ Joobtng ~;
mild. st ady Cosd9vs Shal6k
sugar. raw atea " fatr rahuiu9 az cen
trifugal e6-test 5 az; refined ct adyi era u
lated 8 7-l8.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
NMW YORK MONEY.

Nav YORK. May 7.-MoDey on cal
steadv at ! per cent last loan - per
csrt- c0sing at per cent Priut
d ercanfile paper hh per cent sterlins
-svchanra is rlrm WIN acruai nusi la@ y
bagikers, bits az 4Ssk Tor 40 Land, and at
ouK48l for sixty days. Posted ,afesg,, ssh .
4a2 and s5a4.S5H. Jonme rciai Pill : tOa
8IA. silver certificates 81 a5j@. Bar silver
66X Mexican dollars A. Cover nent .ou0s
strong. State bonds dull Railroad oondf
AtrOux,
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
NEW YORK, May FIXTURES opened
steady: SAFES SEQ haIee.
NEW ORLEANS.

NSpoL cotton closed du mIddIInR upIanc
~: middIing gulf az; sales co. bales.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
LLHER MARKETS.

Galveston. steady, 8 IL IL, "a balss
Norfolk. steady. ~, l,l27 baleP.
BRlEinor nominal, 5-I6, oaleG
Rnston, st ady, 6N, 1873 bales
Wilmington, firm 0, IA bales
Pnl,adelon1a. quiet, e&, 80 bales
Savannah, quiet. III Ii, 1913 bates.
New Orleans. quiet, 5 lt-l6, 1919 balee,
Mobile, sc adj, bx, 80 bales,
Memphis, sUea y, bX, 895 balea.
Aurlieta, firm, i-lo z bales.
Charleston, no minal. =, - bg.es.
Cipcinnati, duie e. SO bales.
Gouiayt.Ie. steady O. - bales,
ST. Louis qui t on. lQs bales
HOUSTON, steady, b ii. 10, 0s9 Eales.
New YORK. dllI. az, SIS bales.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
YANCEY DEMOCRATS.

Favor Cooperation of All Who Favor
White Supremacy and The White
Metal.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
A MOST EXCITING CLOSE
PRINT CLOTHS STILL ON DOWN.
WARD ROAD.
STAPLE coTToNs OF ALL SORTS QUIET
Stock and Bond Market FuriousIy Active,
Strengthened by Report of Dewsys VicIo-
ry at Manila and by Confidence in
Bright Future.
a Bright Future.

New York. May Further decline in
print cloths is reported. Sales were
made late yesterday outside ran River
Of regulars at ia cent. This is de-
cline Of 1-16 cents from previous outside
quotations, and it is 1s cent below the
Fall River quotation. Staple cottonS OF
all sorts are quiet in conformity with
the eastern markets. Bleached goods
are in quiet demand Export lines are
not bought freely and the demand for
wide sheeting and drill for domestic use
shows no change. Other brown goods
are quiet. Coarse colored cottons are
firm Outside of the government de-
mand there is little call for any except
certain more staple lines.
COTTON.
New York, May THE cotton opened
steady with prices / to 3 points higher
on light covering and favorable news
from the English market Spectators
interest throughout the forenoon was
slack, however, and there was little fur
Their variation in prices. Receipts were
light, while the export movement gave
every promise of continuing on a liberal
scale. The sensational character of
political news had the effect of restrain
ing over-confdent traders. At II o'clock
the market was dull but steady ut net
gain of 2 to 3 points
Later the market was easier and the
carly advance soon disappeared with the
market finally barely steady ut ! point
net advance to / point decline. Total
sales futures 46.100 bales.
Spot closed dull at unchanged prices;
middling uplands 63s cents; gulf 63s
cents; sales 500 bales for export, direct
shipment.
Port receipts estimated for fhe day at
5000. against 1865 last week, and A.
COZ last year Port receipts estimated
for the week at 10000 bales. against
%. 143 last week and 31,2S9 last year
At Memphis 800 bales, against Il last
year, and at Houston 800 bales, against
TAI last year
New vopw Nov 7-E,,furaa onanad
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
NAYAL HrORRN.

WILMINGTON, RI. o. May 7.-SpIrits turpen
tine firm at 23a26K; receipts 10 casks.
Knsan quiet stralued 6l.0O; good strained
3l.0S; receipts As barrels
Crude turpentine firm hard 0lsS6; soil
also: coeipta barrels.
Tar II I'm az ats. receipts a barrels
cHARLBsToE, N. O., May 7.-Iurpentine
quiet at I'm.
Rosin steady.
SAVANNAH, "a. May 7.-Spirits turpentine
firm at B.: sales 8OI cas- IS; receipts l,l61 casks
Rosin 1rm; SAFES -; TeceiS Is 2,f9O; q,
@. d. sI.l0; e. 81 10; f, sl.l5; y, Sl25; h, Sl.4S
/, s. as; b, sl4i; M, fl.50; N, tl.G5; window
glass $40: water waite $3.50.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
LOCAL sTOoK MARKRT
GRAIN AND PRODUCE.

Chicago. Ills, May May wheat adj
yanced TO 10 per hushel on the Board
Of Trade to-day. 1t closed yesterday
worth 1881. July added 53s cents to its
value. The week closed with the most
exciting session in years. May or cash
wheat. after opening at $50, climbed
steadily to 10. five tnand that the most
steadily to 40, ) cents at jump and
closed ut 1G7. a net advance for the
week Of exactly 80 cents per bushel
CHICAGO. May Z.
Opening. Clos ing
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
Baskerville Citizcn.)

Baskerville Cltizcn.)
Al the Democratic convention for Yam
cey county held at huntsville Saturday,
delegates to the Congressional convention
10 be held in Asheville May "a, and to
the State convention to be held ut Raj
eigh May 26, were chosen.
The delegates to the Congressional
convention were instructed rs follows
On the first ballot Is votes to be cast for
w. j. Cooke and s votes for w. T.
Crawford.
The delegates chosen TO attend the
State convention were: J. w. Higgins
{. L. McPeters, Wilson Hensley, j. +,
Byrd.
The following resolution was adopted
unanimously by a rising vote:
Resolved, That we, the Democrats
of Yancey county in convention assem-
bled, declare that we are favorable tr
the cooperation of all people in North
Carolina who favor white supremacy
and white metal, and are willing tC
work for principle, but we are everlast
ingly opposed to fusion for spoils."
The farmer, the mechanic and the bt
cycle rider are liable to unexpected cuts
and bruises. DeWitt's Witch Haze
Salve is the best thing to keep on hand
1t heals quickly, and is we'll known
cure for piles. Heartt & Heart.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
NEW ORPHANS. La May Cotton futures
mic :. az | as g. 900 bales,
LIYERPOOL.

LIVERPOOL. May too Pm --ispof cotton,
ouiet olicea l-a2 highe /. american middliuL
far Id good middH sKd: Anne rlcrn mid
uling 3Is I'D: low middlinE l5Sd good
ordinary 5-Hd ordinary shd
Sales of the gay were r,'0O baes, of which
zoo were for speculation and export, and in
Guided s.. 90 Americans; receip 20J aleE,
m,iAmeIican
Futures opened stesdg with m derate
demand and closed gu tt
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-05-08
BALTIMORM.

BALTIMORE. May T.-Flour firm western
supernne a. 76aA 10 no. extra 4.,0a5.2j; do
family 1915 1150f winter wheat patents
81 00aS a; spring do. t65C06f0 spring whest
8 irR1ghts a6ab064.
y hesi roug SPOT AM May i89%Ail0: juno
1875; suly IIvAall0: eteamer No. red 1861
i;6x: soutEer' wheat By sample l26alu; &c
on grade laTAau0k.
Corn fl Ia; spot s9XaF9A; May and j ne
Sakas8N Juiy 80 bi /, steamer miXeo 33S a3s2
Southern white corn AN ati;do yellow 4o4 az
Oats Hln; No. white, western sSk
No mixed 30 bid.
rye tttong; &c. Q, nearby 6ea69X; No.
western 70A.
Hay Arm; choice Timothy 1890.
The news & observer., 1898-03-12

nimportant rallies during the rest of the
day. The strength displayed by Amc:-
can securities in the early dealings i'll
London was in strong contrast to the
weakness of Spanish government bonds,
which were poorly supported either in
London or Paris The only rational cX-
plouation that seems available for this
movement is that London felt that there
was a prospect of avoiding hostilities be
tween the United States and Spain, but
was alarmed by the Spanish govern
ment's acute financial straits. Senti-
ment on the local exchange with regard
TO values not in accord with that of
London. as is shown by the day net de-
clineS which run between | and points
all through the list and over that in cX-
ccptiona cases. The fall of prices was
at no time violent but the offerings "t
securities were constant and there was
no support apparent at amy point IN the
list There was inded less acute ue-
preston shown by St Paul than by 'hc
other grangers. the price having croSSed
Burlington during the day and closing
above. Kansas and Texas preferred
was exceptionally weak and fell at one
time 3H points The extraordinary
weakness of the exchange made 1T posi-
bic to-day for the great importers 10
withdraw gold from the Bank of Eng
land in spite Of the virtuaI premium
asked by that institution. The demand
in Paris for gold was reflected also in
q stiffenping of the discount rate N
Paris. Yesterday late decline III local
call money rates proved to have been
manipulated and tie rate steAdi2rl to he
nor cent. again to-day. The local hanks
continue to lose money to the interior
and how far this movement is offset by
tho rcccipts of imported gold will not he
definitely known until to-morrow'S bank
statement. The decline to-day in thn
exchange of the New York Clearing
House banks to less than S109000,G00
indicates the decreased Use of money.
The banks are contracting their loans
hut quite Il large part of this contrac-
tion goes to release Sterling Exchange
which was used as collateral and which,
is being liqu;dated for the importation
of gold.
The weakness in the bond market to-
day was rather more marked than hith-
crto but business was moi on 4 large
scale. Total sales S.. 100000.
United States new As are 1 ner cent
lower. the old Is coupon y per cent
ard do. registered II per cent lower bid.
The total sales of stocks were :}SG.-
900 shores including Atchison preferred
6 $50: C. r. & Q. 40.01S; l.. & y. 9.O75:
Manhattan l.. 1880: Metropolitan
Street Railway 6.725: New York Central
1920: Northern Pacific 1920: do. nrc-
fered 19.323: Rock Island 17.150: Pao-
Dlp'S GHs 13 3oS1. Sugar n So2 Yves
tern Union 6,120.
The news & observer., 1898-03-12
srnCKS AND RONDS.

New York, March 11.-There was a
Irinf show of strength by some stocks
in tine early trading this morning due to
,.r;cas having been advanced Oh the
! ondon exchange above the New York
naritv Of last might The advance did
not reach London level so that there
was considerable arbitrage buying for
7 .ondon account There were some buy
ing orders also which were executed
througu the channel usually employed
by Washington operators. This buying
soon came to AN end and gave color 10
the~sNpposition that the orders were
NerelT placed for effect. The whole list
(sooR yielded to depression and the de-
eXne was only occasionally arrested By
The news & observer., 1898-03-12
WEAK EFFORT TO RALLY
SPANS FINANCIAL STRAITS
LOWER HER BONDS.
MONEY SILL MOVING TO THE INTERIOR
A Furry Drops Wheat | 79c.' Bears Gained
Control of Cotton and Lowered It to 6
Points. Weakness in Bond Market
More Apparent.
More Apparent.

New York. March 11.-COnditions. are
still quiet in most branches of dry goods
to-day. The sales of cotton ana wooden
goods at first hands are light, both by
mail orders and store trading. The
price tone is still sustained i'll nearly all
quarters, although there ane reports Of
concessions made These, however. are
scarcely possible. except where certain
lines show considerable accumulation.
The horeful feature of the market lies
in the reports from Western and interior
iobbers. who are evidently doing good
business. Print cloths have sold quite
extensively at 21s cents outside of Fail
River Regulars are i'll moderate re-
quest. Odd goods are fairly active IN
the demand at prices based on the above
quotation on regulars. About 10000h
pieces, odds and extras. have heen sold.
Prints and ginghamS show no change Of
moment in any grade or quarter.
COTTON.
New York, March 1.-THE bear crowd
had the upper hand in to-day's cotton fu
ture market and succeeded in dsodging
several lines of old long stuff The mar
ket opened quiet and steady at I'M
changed prices to a decline of one point
and for short time the tendency was
toward higher lever of values. Weak
ness developed, however. under aggres-
sive bear action. BY midday a loss of
4Gd6 points was apparent and after fur
ther easing off to a net loss of Gas
points, the market closed steady at the
lowest point. Total sales futures 161,-
400 bales. There were few buying
orders around the opening but conserva-
tive traders showed disposition to keep
out of the market pending the settlement
of the Cuban question. and for the bal
ance of the session speculative support
was very meagre. There was some buy
ing from time TO time on the reaction
theory hut this class of business cut lit
tie figure in total transactions.
NEW YORK March ~ Futures opene
Qui It and steady: 'sio~ 7,0)1 baias
ErxR. Ito - 80 4 - I0af
The news & observer., 1898-03-12
For Sale.
The Finest Grain and Stock
Farm in Eastern Va,

Situated twenty miles west of Peters
burg and within four of the Norfolk and
Western II. II. The tract contains two
thousand three hundred and fifty-seven
acres, about One-ffth of which is table
land and rich creek bottom, the uplands
are gently undulating; not hill on the
place. Soil is a clay lOam and very pro-
ductiye, the bottoms are as fine timothy
lands as any in the State and produce
heavy crops Of grain. The farm is
beautifully watered by springs and
streams There are two residences
(about one and a half miles aparO; one
contains eleven large rooms, several
halls, closets, pOrches, &C., the other
six rooms. There are the usual farm
houses such as barns, tenant houses,
granary, &c.
Some excellent fruit-Apples, Peaches,
Cherries, Grapes, &c. There is not
a more delightful home or healthier one
i'm the State. l am too old to manage
it. and to make a speedy sale offer it
at the low price of Twelve dollars per
acre. less than / have ever offered it,
This tract would cut up into a dozen
fine farms, but l wish to sell it as a
whole. Deer, Turkey, Quail, &C., in
abundance.
JOHN G. GRIFFIN, Owner,
Petersburg, Va.
The above is from the 'Turf Field
and Farm" OF February 11th, '9S. II
is fairly good description of the farm
called "Mill Quarter" j purchased it
last fall and am now the owner instead
of !. G. Griffin. l have offered it for
sale at seven dollars and fifty cents
per acre instead of Twelve. Adjoining
lands are held ut higher prices. Capt.
Griffin was offered twenty-five thous-
and dollars cash for the farm and re-
fused it. holding them at $500 per acre.
There is a fine opportunity for some one
70 buy this place, cut it UP into small
farms and make five thousand dollars of
farms and make five thousand dollars
clear Of all expense in a short time.
0''"- j. A. JONES,
Raleigh, N. @.
The news & observer., 1898-03-12

LuOAL e.luOk MAAn mp.
GRAIN AND PRODUCE.

Chicago, Ills, March lit looked
for a few minutes in the wheat pit To-
day as if such furry would ensue that
it might sweep the big bulls off their
feet. What appeared TO be an organized
raid was made on May, brokers offer
ing that option at prices An12 cent un-
der what Letter brokers were bidding
for it. but refusing to sell to the latter
at less than the Letter bid price. July
broke two cents in the excitement and
continued weak to the end, closing at a.
loss of rs cent. Letter by heavy buying
The news & observer., 1898-03-12
NEW YORK March ~ Futures opene l
Qui It and steady: 'stc~ 7,0)1 baias
FutniNs cioaad ste6dY; RaIas 1aa 400 halas
PORT RECEIPTS

Spot cotton closed ca Y: middling uplandt
SO 10; middling gulf 6 7 ID sales e0i ba es.
The news & observer., 1898-03-12

NEW YORK Mar H. Flour weak lower
city u4uI Pc cents S5.s5s6.l0 do clear -; MINI
neRoJa PATENTS a. 80 10: Mnnesut2 bakers
Zh. winter "*enfs $40 a5 so; do straight
sb.5034.s0; viii ter extras B3.40a4.00 winter lew
grSces Sc Wa3.,
Rye our dul; supeEfne 1885 fancy