The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1899-09-23
inB DALI REPUBLICAN
! s.coe. rsnsD AND xno Streets
ihs Republican Printing
and Publishing Co
PUBLISHED DAILY, EXCEPT SUNDAYS.
tAs~ed 4 the pess otflcs at wlImingtos
DeL. - secsna-ciass mall natter
lCBLlsMED DAILY. EXCEPT SUNDAYS.
SATURDAY. SEPTEMBER %, 1900

SATURDAY. SEPTEMBER ~, 1900.
Our State Treasury has received
! SONG 10000 already under its gen.
eral corporation laws, and some
.persons say it will become one Of
( the richest States Of the Union by
aid of the annual fees and annual
taxes Of this great prospective
business. A recent issue of the
REPUBLICAN contained a summary
of advantage points of the New
( Jersey Corporation statute over 9TH
er States generally and showed that
the Delaware law had all these
good points and several others, some
Of which, especially economy of
tees and taxation, cannot fail to at
tract enterprising business men of
the United States and resulting
in benefit to our Commemorative
exchcquer.
On our book table this morning
we find the valuable work of a home
author and we'll known lawyer Of
the highest standing for integrity
and reliability. This book Of 26l
pages, 8 vo. is of intellectually
greater value than its price to every
member of the Delaware State
made, or prospective corporation to
every law student and studious
lawyer and to all enterprislng citi-
zens of the United States, who have
no charter and need one. 1t con-
tains schedule Of fees and taxes,
citation Of over $50 cases, constitu-
tional provisions, general corpora
tion laws of the State Of Delaware
with notes, annotations and corpo-
ration forms by ]. Ernest Smith,
counsellor-at-law. Many decisions
Of the courts Of New Jersey will
settle many points in our law with
out litigation.
The constitution OF 1897 and the
corporation law of March 10, 1899,
preclude special Legislative char
tiers, except such as are not provld-
ed for by this general law as bank
ing. The information the book con-
tains make it valuable to persons
interested IN corporation, their
powers, management and taxation
and also the liabilities OF directors,
officers and stock holders. Copies
can be had on application. 1t will
prove profitable to the State for the
Legislature to order few thousand
copies, printed and circulated
throughout the United States.
HENRY CLEws & Co of New York
says: Monday S break was followed
on Tuesday by sense of relief.
The drop in prices, added to the
continuous decline Of last week, had
made many stocks appear fairly
cheap; the pardon of Dreyfus was
construed as hopeful relief from
the dangers of French politics; the
African question was therefore more
hopeful; and the local money mar
ket showed some abatement of its
stringency. Under these circum-
stances, the stock market recovered
tone; Mondays break was con-
strued as a elimination of the adj
verse influences and between large
purchases to cover "shorts' and
freely buying by strong operators
on long account, the days business
summed up 10000 shares with ad-
vances. with 10 listed stocks rang
ing from l to 9points and averaging
~ at 5, while the declines were
entirely nominal. Wednesday
experience dealt roughly with the
hopes excited by Tuesday s recov-
cry. With no change in general
conditions, it soon became apparent
that the buying of Tuesday was
more for transient turns than from
expectations of the upward reaction
proving permanent. The saneuine
buyers of day previous become
urgent sellers and 100000 shares
changed hands at prices little bet
ter than those of Monday. On
Thursday there was a renewal of
buying and a general, though mod
crate recovery in prices. This rec
ord OF the week IS business shows Il
brisk and eager speculative spirit,
a willingness TO both buy and sell
around the reduced prices of last
Monday and Wednesday, but also
clear appreciation of the import
ance Of the uncertainties that beset
the market. We are yet in the
woods in respect to the bank situa-
hn IVA, Il
without any serious disasters &C.
curing other than severe liQulda.
ton, the worst OF which NAV now
be regarded as over. The exports
exceed the imports by nearly double
thus far this month.
A FATAL accident occurred last
evening to Richard Campbell, a ~
year old youth. a coppersmith at
the Harlan Il Hollingsworth Com
pany works. He had been work.
ing over time and was on his way
home when he was struck by train
on the p, W. & Il. tracks about
9.35 o'clock, and had both legs cut
off. He told the men who picked
him up that he had stepped out OF
the way of one train and was strIcli
by another train coming in an op-
poste direction, which he did not
see. lie was removed TO the Della
ware Hospital, where he died at
2. 80 clock this morning. The ac-
cident is u sad one and shows how
careful persons should be in walk
ing Oh the railroad tracks.
BUCKET shoptransactions, which
have hitherto been overlooked by
the Government, will hereafter pay
war tax upon all transactions. The
Treasury Department has made 4
ruling which prcscrlbcs that trans