davidaulloa/AmericanStories huggingface dataset:
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

The schooner Lizzie Babcocls, CAPTAIN
White, from Philadelphia TO Jackson
vile, Fla, with coal. arrived here yester-
DAY morning in distress having lost her
head sails and had others split dur
main anchor with 80 fathoms OF chain.
ana was damaged slightly in her rig
ging. She will repair here.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03
TEMPERATURE, RAINFALL AND
HUMIDITY

November 2, 1899.
Maximum temperature.. :. ........ 6.
Sl1nfmum temperature. :. ........ 8;
Normal temperature. :. ..... s.
departure from normal. 49,. plus
departure from normal since jan
uary 1st.... plus1 Q!
rainfall in past "a hours. ......
rainfall since LIST of month. .......
Mean relative humidity. ........ 81
CALENDAR
Sun rises 6:s2 a. M; sets sos p. IN.
TIDES.
Norfolk: High water 1898 n. M. 8:4,
p. M; low water ali a. M, 1854 %. m
Old Point: High water S:12 a. m.
o:2b D. m; low water 1:50 a. M, 2:S;
p. m.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

:, During last Tuesdays severe storm.
the schooner Volunteer, owned by
Messrs. Odell Bros, of this city. while
layinE at anchor near Cane Charles
parted her cable and was picked up at
sea by captain Bassells, of the steamer
Captain Warren. of the Volunteer.
and his crew We're ashore at the time
of the accident. lie reports very light
damage was done to the vessel.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

Yesterday, also, the schooner Emma
L. ANGEL. Captain Trip, Baltimore to
l5oston, put into this port with sails
split and leaking badly. She Went IN
Colonna's Railway for repairs.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

ms storm was prolific OF disasters
and the end of the story Is NOT vet Inv
any means. Yesterday the Mexican
Mail Liner FINANCE" Captain Suke
worth. from New York to Colon, picked
up the schooner Stella b. laplan, Cap
tain merritt, from Brunswick to Perth
Ampoy, disabled and helpless, with
rudder-post broken and rudder gone.
and towed her to this port, ARRIVING
Yesterday The 1<aplan was left at
anchor anchor, in HAMPTON Roads, and the
FINANCE" proceeded.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

The schooner Gertrude Abbott Can
tain Brown. from PHILADELPHIA to Char
lesion with coal. arrived in port yester-
day, having lost some sails and re-
ceived other minor damage. She also
Will repair damage here.
Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-03

1t transnires that the U. S. S. Yank-
ton was the converted vovernmant
yacht that went aground In Hamp-
ION Roads Tuesday. She remained in
inc mud three hours, when she was
iioated by the navy yard tug and came
up 10 Lambert's Point, and yesterday
eeI'he 10 the yard. She was uniniured.
The times., 1899-03-22
NOW IT IS AN OYSTER TRUST.
a Combination to Control the Amer
ican and European Trade.

New Haven, March 21.-Details OF an
oyster trust, which has been for some time
rumored here, were semi officially an
nounced today. The new company is 10
be organized under the laws of the State
of New Jersey, with a capital of $4,000, 600
and power to increase to $40, coo 600. The
president is to be Andrew Radel, President
of the Bridgeport Traction Company.
Newark capitalists at well as Connecticut
capitalists are behind the combination
which claims to have options on 90 per
cent of the oyster plants of Long Island,
Narragansett Bay, and the south side of
Long Island, owning thirty-five steamers
and sixty sailing vessels. Its promoters as
sert that they will control the New York,
European, seed and opening trade, and say
they have made arrangements with three
dealers in New York city to market the
product. They also intend to extend oper-
ations to New Jersey and Massachusetts
On Long Island Sound, at place not yet
chosen, they intend TO construct marine
railroad, large machine shop and coal
pockets. Engineer Sanford, of the State
Shellfsh Commission today began a sur
yey of the local oyster grounds with view
to fixing their value. An of-shoot of the
larger company is to be the National
Oyster Company, of this city, organized
under West Virginia laws, with a capital
of s1.000,00O TO operate in more southern
waters
The times., 1899-03-22
THE STREET RAILROAD DEAL.
Transfer Papers Being Drawn in the
MetropOIitan and Columbia SnIe.

The deal for the sale of the Metropolitan
and the Columbia railways, 1t is said by
those interested, is now only waiting for
the lawyers. AS stated heretofore in The
Times, the deal has been made and all the
particulars decided on and agreed to by
both parties. There was great activity in
the stock of the Metropolitan road yes
terday, both on and off the local exchange.
The price paid on the exchange was pushed
up to 222, and later in the street 222 IL
was paid on one lot at least. The gen.
eral opinion of the street yesterday was
that the orders for the stock were from
insiders, based on the completion of the
deal.
Much interest is being manifested in the
great strength of Washington Gas in con-
nection with the deal for the sale of these
two railroads. At about the time the
talk of this sale of the roads was first
heard on the street and the price of their
stocks began to advance, Washington Gas
stock also began TO go up. The present
price is above IS, and 1t has remained at
this figure for two weeks and more. 1t
is realized that at IS the stock does not
pay very high dividend on the invest
ment and the street has been looking for
some especial reason why the price should
advance. The most popular theory now
heard among business men is that the
gas company is also to be bought out by
the Crosby Stevens syndicate, and TO form
a part of its immense aggregation of cor
porations The Georgetown Gas Light
Company Is also included in the deal by
the people who seem to know most about
it. The stock of this company has been
comparatively active and has advanced in
price also.
An article in a prominent New Jersey
paper recently described the entire plan for
the sale of these railroads and other COR
porations to the Stevens Crosby syndi
cate, as 1t has been outlined heretofore in
The Times. The article was seen by sew
eral Washington people and was consid-
cred particularly interesting because of the
! fact that the paper is on very friendly
terms with former Senator Smith of New
Jersey, who is heavily interested in the
syndicate, if not its principal hacker. The
New Jersey paper stated that the deal now
on foot includes all the street railroads in
the District except the Capital Traction.
| both the electric light companies and
both the gas companies. The statement
was also made that all the deals had been
completed, and 1t is but a short time un-
| til the transfers will be made.
The times., 1899-03-22
New York Cotton Market.
THE COTTON MARKET.
Declines of Monday Followed by
Slight RnlIies.

Received daily by c. T. lIavenner. banker and
broker, Van Doren Building, 1881 Street north
west; New York correspondents Purnell, Hasaman
& Col
New York, March 21.-Yesterday's
stormy cotton market was succeeded by
q calm. Prices rallied somewhat but there
was little snap.
Liverpool buying here was about the
only feature, while liquidation cut only
a small figure. Weather conditions in the
South were perfect. Receipts were full
and the question is. how long will they
continue full? Gables were down for
spots 1-32, and for futures 1 IL to points.
The avalanche of selling orders which
came upon the market yesterday was the
result of scare without much basis, and
the rally which followed was natural.
However. many bulls contend that lower
market Just now would be the best in
ducement TO curtail acreage and are not
trying to force up prices. In the face CT
reaction here Liverpool is doing we'll,
in fact, much better than people were led
to believe.
Yesterdays drop is believed to have
led to the creation of considerable short
interest. But on the whole, the trade
may be said to be on the fence. Both sides
prefer to await crop Developments, but the
situation is such that no surprise would
be excited were the market TO show either
considerable rise or decline.
The times., 1899-03-22
ANOTHER Big SLUMP
In SUGAR REFINING
Twenty-Five Points Below
Mondays High Price.
Its Decentralization Widely Affects
the General Market.
The Temporary Character of the
Money Market Also Serves to
Check Trading.

New York. March 21.ETwo circum-
stances in the days situation served TO
check active trading in the general market,
and they also checked an evident improv-
ing tendency, which appeared in early
dealings. These were the renewed close
ness of the money market and the continu-
alton of the decentralization in Sugar Re-
fining As the temporary and special char
acter of the present conditions in the
money market is now becoming commonly
recognized. it seems probable that the
course of Sugar Refining was the more
effective of the two influences In the cited
respects. The fluctuations in Sugar were
again very wide and the transactions in
the stock were in large volume.
For all practical purposes 5 per cent
might be quoted as the average rate for
loans on call during the day. That was
the figure to which the banks generally
advanced the rates on standing loans, and
quotations above or below that rate were
made on small transactions. Apart from
the changes in the rates for money and
the influence of Sugar Refining there was
not much in the days situation to occupy
attention. The grain market reflected The
uncertainty in regard TO the crops natural
at this season of the year. There were
few interesting traffic returns submitted
The interest excited in the effect upon the
money market of the payment of the
Spanish indemnity of S20,000,000 created
much discussion OF the question, but few
facts not set forth in this column on Sat
urday were ELECTED. To all intents and
purposes the transaction, il properly han
died, will increase the cash holdings of
the New York banks by 10000. 900.
Apart from Sugar Refining Brooklyn
Rapid Transit was the conspicuous fea-
ture of the market. The fluctuations in
that instance were also exceedingly wide
and erratic. The rapid advance in the
stock in the last hour was presumably
based upon the acquisition by the COM
pany of the Brooklyn and Brighton Beach
Line. There were active dealings also in
the Federal Steel and Wire and Tennes-
see Coal and Iron issues, and these stocks
were, as n rule, firm. In the standard
issues the active features were Union Pa-
cific, New York Central, and the granger
shares. which left off with irregular
changes on the day The sharp decline In
Third Avenue stocks was naturally re-
ferred TO the status of the legislative fight
at Albany over the occupancy of Amster-
dam Avenue. London was not factor of
weight in the dealings in the local market.
The closing was fairly steady.
The times., 1899-03-22

are $4,000 school children in this city.
Their interest is our interest. The best
accommodation is none too good for them
and especially so when We pay to get the
best We are taxpayers. We are parents.
We have the interest of the taxpayers and
the interest of parents at heart. We are
on good terms with the Commissioners and
do not seek to have any controversy with
them. 1t is simply our duty to point out
the amazing conditions that exist. We
wish they were not there but cannot help
that condition. We do not build school
buildings, neither do We inspect them.
When crowded school conditions arise from
the growth of the city in any direction we
ask for more school buildings. Congress
appropriates the money and inspectors
under the supervision of the Inspector OF
Buildings are supposed to inspect the work
How well they do their work is only too
plainly seen. / repeat that we do not de-
sire any controversy with the Commission
ers and for that reason | would not like 10
have my name published in this connection
But il 1t does come to a controversy with
either the city executive or the Inspector
of Buildings we are prepared TO stand our
ground. Not half of what might be said
regarding bad buildings and faulty con-
struction is contained in the report of our
committee This thing has been brewing
for some time and had to be made public.
1t was Furthermore our duty TO place the
public in possession of the facts.y Our at
tention was drawn to the defects almost
year ago.
Money for Repairs.
I'VE noticed then that more money was
being sought for repairs to new school
buildings than was required for old build
ings. When a man has a home built it
should stand under ordinary conditions
at least several years without requiring
any extensive repairs. He does not want
TO pay more for repairs than he would
pay for rental. The District should not
pay such large sums either. Most of the
buildings mentioned in the report are new.
When we found that so much money was
necessary for repairs an investigation was
quietly begun with the results contained in
the report.
There is too much wishy -washy busi-
ness with contractors. / am not attack
ing contractors, but all legitimate. re-
sponsible contractors ought TO be willing
to do good work, and do it within the time
limit without asking for continual time
extensions.
THE inspectors should be men quail
fled for their positions, and they should
see that the contractors use good ma
terial, give good workmanship, and follow
the strict requirements of the specifica
tlons- Inese unuer inspectors snouiu 'iSo
be men of backbone. who cannot be
'sugared off, or "bullyragged" by con-
tractors. When they see bad material
delivered they should not hesitate to re-
ject it. They are responsible for the work
of construction and it seems to me that
the blame rests with either them or the
Chief Building Inspector, Mr.. Brady. The
faults are not so technical that a micro
scope would be needed to locate them.
They are glaring and the best thing that
can be done by the Commissioners is to
have a searching investigation and place
the responsibility wherever it belongs"
The times., 1899-03-22
THE CHICAGO GRAIN MARKET.
Crop-Dnmage Reports Continue I,
Affect Trading in Wheat.

Chicago, March 21.-Southwestern and
local buying presumably on a renewal of
one time "a over last night. The close
was 3-Sc over. The strength was in spite
Of Indifferent Liverpool cables and of a
disappointment over the worlds visible
figures There was an increase of 67S.000
bushels compared with decrease last year
of $500, 600 bushels. The weather map
was OF the March type. Colder weather
was predicted generally for tomorrow. The
continental markets were generally steady.
The seaboard claimed As loads for export.
The times., 1899-03-22
The Central vermont hid In

St Adams. VT, March 21.--The property
of the Central Vermont Railroad Company
was bid off at public sale in this city this
forenoon by Eleazer l.. Waterman. of Brat
tleboro, special master for $1,000. .G00 to
Ezra II. Baker. chairman of the bondhold-
ers' committee, in behalf of the purehas-
ing committee, himself and Henry b. Day,
of Boston, in the interest of the bond
holders for the purpose of carrying out the
reorganization scheme of September %
1898. The features of this plan of reor-
ganization were published at the time.
Only one bid was offered and the proceed
ings were absolutely formal.
The times., 1899-03-22
The Washington stock Exchange.

Regular call-U. S. 3's, s. B., s, 900 at
1o7 S-S. U. S. 3's, coupon, 500 at 1O7 SIS.
Lincoln National Bank, 10 at 49, Ameri-
can Security and Trust, 10 at 1856. Peoples
Fire Insurance, 204 at 6. Capital Trac-
tion, 40 at SIS Is; 10 at S5 Ia. Metropolitan
R. r.. 10 at POI 1-2; 80 at 222. City and
Suburban R. R., 65 at 49, Washington Gas,
80 at IS Ia; 63 at IS Is Mergenthaler
Linotype, 10 at 1873 "a: 10 at 1873 rs: 20
at 1874. American Graphophone preferred,
30 at 13. Pneumatic Gun Carriage, 100 at
40 cents; 100 at 80 cents. Great Falls Ice,
10 at 149; 10 at 149 1-2. After call-West
End National Bank, 10 at 104 "a. Wash
ington Gas, 81 at 5S IA. Capital Trac-
tion 20 at IS Ia Metropolitan r. R.,
at 900
The times., 1899-03-22

There was better milling demand here.
Clearances were light, 100000 bushels
Corn closed 1-4G3-S over Monday. Receipts
were small. the estimate for tomorrow only
11O cars and the inspection this morning
only 3o5. Samples were 1-2c. higher
Liverpool was steady. Low grades in the
sample market here have gained of late.
There was a considerable shipping husi-
ness done late yesterday. but there is a
general denial of any business from here
today.
The times., 1899-03-22
Bllnyadi Janos

Taken in the morning, either pure or diluted with
hot cold water, it produces eopiols evacua-
tion without leaving behind it any intestinal dis
comfort or exhaustion.
The times., 1899-03-22

Southern Pacific and Central Pacific were
both unaccountably strong during the en-
tire day. They were. in fact, the best of
the railway stocks at all times. No news
was heard on the Street, and 1t is supposed
that the pools in the stocks have begun
to work again in the belief that the pres
ent is propitious time for them. These
pools are skillful. but they are behind
stocks with so much intrinsic merit that
their task will not be hard one whenever
the market is in the least favorable.
The times., 1899-03-22

1t is somewhat difflcult TO give any sat
isfactory analysis of the remarkable move
ments of the stock market yesterday. Sus-
ar tumbled nearly thirty points during
the day and then rallied nearly ten points.
Brooklyn Rapid Transit, which the Street
considers a much more stable stock than
Sugar declined five points and then ad-
vanced seven points, almost to the high
mark of Monday. Tobacco, Manhattan,
and other stocks had large fluctuations,
and the entire list was most active, but
in a remarkably erratic- manner. On the
whole ii is probable that the Street vii!
consider the market fairly satisfactory
as considerable strength was shown by
the standard issues at all times during the
day At the same time it will probably
be considered a matter Of much dissatis-
faction by careful market people that such
stocks as Sugar and Tobacco can influence
the tone of the market to such an extent.
An element of recklessness is apparent
with the returning confidence of the pub
lie, which will be a weakness in the COM
ing bull movement if it mauifests itself
further in the same direction. The his
tory of the day was of high opening,
followed Immediately by heavy realizing
and short selling in Sugar, which infiu-
enced the entire list, and of rally in the
afternoon, during which most stocks re-
gained all their early losses. 1t is of little
use TO do more than simply record the fiuc-
tuation of Sugar The stock moves up or
down as the insiders wish 1t to, and is
governed by no rules human or divine.
To anyone not on the inside speculatinS
in it is a gamble pure and simple The
stock opened at 165, and on the strength
of denial by sugar trust official that
any deal has been made was knocked down
to l54, or IS points below the high of Mon
day. Later there was an advance of near
ly ten points and the close was at 16l.
1t is useless 10 predict what will be the
next movement in the stock.
Brooklyn Rapid Transit was weak dur
ing all the early part of the day and went
off nearly five points from the highest.
The low point touched was 1Ol 81. When
the reaction came the advance was even
more steady and rapid than the decline
had been. The close was at 10l rs, or
nearly two points net gain for the day.
The buying of the stock in the afternoon
gave the friends of the company great
confidence in its ability to go much high
er in the near future despite the weakness
of the morning No explanation of the
slump in the first hours is offered except
that the stock acted in sympathy with
Sugar, and in an especially active manner
because of its great advance ON Monday.
Flower bought Brooklyn Rapid Transit
at the low prices Of the day heavily.
The railroad stocks were more active
yesterday morning than at any time here
tofore. and, although the interest in them
seemed to die out somewhat in the later
trading, 1t was also noticeable that there
was little disposition TO sell them Inc
grangers were active early in the day,
and, despite the declines in sympathy Win
The times., 1899-03-22

The talk of the deal between Union Pa
cific and New York Central was still heard
yesterday, but it did not prevent the stocks
from going off from the high figures
reached on Monday considerably. North
west also was weak.
The times., 1899-03-22

Southern Railway was one of the few
1t opened at 40 and closed at 40 Ia. There
is an active pool in this stock also, and it
is not doubted that when the spring ad-
vance begins it will be one of the first
to move upward. Many houses on the
Street are most positive in their advice to
buy this stock as a conservative specu-
lation in which there can be no mistake
In manner it occupies to the South, in
the matter of present price and future
prospects, much the same position that
Atchison preferred does to the West.
The times., 1899-03-22
New York STOCK Market.

Corrected daily by W. B. Hibbs & Co..
members Of the New York Exchange.
1919 F Street.
The times., 1899-03-22

The local stock market yesterday was
active, and the amount of business done
was large. Prices generally were ad-
vanced. The feature of the day was per-
haps the buying of Metropolitan Railway
stock and its advance in price to 222. The
talk on the Street was general that the
deal for the sale of this road with the
Columbia has been completed. Washing
ton Gas was also very strong. apparently
on the theory that this company, with the
electric light companies and the railroads
are all to be in the deal. City and Sub
urban Railway was sold at 49,
The times., 1899-03-22

The coalers acted well. although Jersey
Central was the only one of the group to
show any more than a fractional net gain,
This stock opened at 113 1-2, and closed
at lis. The talk in the street is bullish
of these stocks, and 1t is said that imme-
diately after the adjournment Of the New
Jersey Legislature they will all have a
good advance
The times., 1899-03-22

Silecias, 37Sc.
all colors and Black Silecias-full
pieces-no remnants-for 7-Sc yard
The times., 1899-03-22
Sugar. closed the day with only fractional
net lnsses ThA taIk- of this rronr, is

Sesai' tAoSSu thf udS viii .ouiy ltdStioudt
net losses The talk of this group is
bullish, though there is an opinion in
some quarters that they will not be likely
to have much advance before more definite
news Of the crop prospects is received. No
one doubts that they will all sell at much
higher figures then and the only question
is as to whether they are now at the bot
tom prices. People who have watched the
market during the entire boom believe
that there will be no lower prices and that
the advance win begin soon after the first
OF April Especial attention is being paid
to Atchison preferred and Burlington, both
OF which are expected to have early ad-
vances, perhaps even during this week.
Another stock in which Mr.. Flower was
very active was Peoples Gas, which he
bought at every suggestion Of weakness.
The highest point ever reached by the
stock was touched during the day, 119 1-2,
and it was said that at this point also this
gentleman was buying. The close was at
lis rs, or a fractional net gain for the
day. There are not wanting people who
believe that Gas is to be the next stock to
receive violent advance. 1t does rot
seem probable, however, that it will go
much higher before the adjournment of the
Illinois Legislature, though it has been
the talk of the street that the legislature
is fixed.
The times., 1899-03-22

Chicago Grain and Provision Market
Corrected daily by W. b. Hibbs & Co.,
members OF the New York Exchange,
The times., 1899-03-22
Hechts' Greater Stores.
Hechts' Greater Stores.

Wednesdays business to take spurt.
Wednesday shall be busy day as Monday Friday and
Saturday. We shall make by putting values before you
which will bring We shall start today You
that these great values.
The times., 1899-03-22
Linen laces, 6Hc.

Lot of Linen Lace and Insertings to
match, in variety of widths-worth 75c
and 81 yard-for 6 1-2c.