The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1900-03-24
SATURDAY. rlARCH "A, 1000.
R. G. DUN g. Co. s weekly review
of trade saws;

r. G. Dun g. Co. 8 weekly review
of trade says:
In its first week of operation thu
new monetary bill has given salts
faction at the treasury and t.
banks. Applications for new ? pei
cents have exceeded $l06, 900. 900
and the net increase in bank circu-
lation is already over $4,000, 900.
As the rate at which new eircula'
ton can be issued is limited, except
tor banks which gave orders in adj
vance of the passageof the bill, and
the issues at first are largely for
increase of notes to the par value OF
bones deposited, little can yet be
inferred regarding the other in
crease, though applications indi-
cate that it will be large Tor interior
banks.
The release of millions employed
in preparation for action under the
new measure has caused in bank
returns considerable changes which
are nominal rather than real, and
the markets are undisturbed. The
extraordinary exports in three
weeks from this port alone, 49,
9l6, S95. exceeding last years by
$7,09S. S26, or 1913 per cent. have
rendered the exchange market
weaker, in spite OF an increase of
1896, 900, or 81 per cent. in imports
at New York for three weeks.
All stocks have advanced. Third
avenue from SOL. Is last week to
SIP, five other street aud gas stocks
g. 20 per share. ten industrial
stocks s.. % per share and 90 rail-
road stocks $3.50 per share.
In the metal market as vet the
tendency toward reaction of prices
continues. though in the Pittsburg
region bessemer and basic pig are
strong. But Eastern bessemer and
gray forge and southern pig are
sold there at prices below those
governing in larger transactions,
and it is ouly the demand lor steel
making iron which appears to ex-
coed the supply.
Cotton holds at 9zs cents for spot,
with heavy export demand, though
futures are weaker.
The advance in wheat which fol.
lowed statements of the quantity
in farmers hands has not been
maintained, andthe decline the past
week has been Us cents, corn also
yielding about as much.
ACCORDING to dispatches from the
seat of war in South Africa, Colonel
Plumer apparently has retired to
crocodile pools and Mafekng's re-
lief seems further off than ever.
The hospital has been brought back
to Gaherones.
General French's activity in the
Orange Free State may be pre-
liminary to forward movement by
Lord Roberts with the main army.
A dispatch from Bloemfontein, dated
Thursday, March 22nd, says that
President Kruger is reported to
have issued d proclamation declar-
ing that Great Britain is in dire
straits and that the Russians have
occupied London. Sentiment is
strong against the leniency with
which rebels of Cape Colony and
Natal are being treated by the
British authorities.
A reconnaissance of the Boer 20
sition was stroug yesterday by the
Twentieth battery OF Royal artil-
lery, under command of Maj r
Blewitt. The artillery was sup
ported by the Kimberley Light
horse. There was small artillery
duel " hlch lasted all morning. The
Beers had tour guns, two Of which
fired Cordite. The Boer fire was
ineffective, however, and the guns
were eventually silenced. Trains
are now running within eight miles
OF Warrentown.
The Levy Court has a duty to
perform. 1t should proceed to elect
a Trustee of the Poor in the place
of Lewis 7, Dickcy, whose term
expired in February. Nothwith-
standing fifteen ballots we're taken
the vacancy still remains. As it
now stands Wilmington has three
Trustees instead of four. The
Trustees Of the Poor should be
elected by the people and then these
silly contests would not take place
which only cause the people to talk.
City Council for two years has
failed 10 elect the officers Of the
The city because the Democratic
members could not agree whose
friends should occupy the several
positions ard the old officers are
still holding on.
ALL work on the new High school
has been stopped asthc contractor
have not been receiving their money.
The work is just that tar advanced
that by the stoppage OF work it Will
throw the job back several weeks.
The contractors say that they will
not finish up the work on hand un-
I'll they have been paid for that al
ready done. Here is Il case Of want
ing something that should never
have been commenced until most OF
the money was in sight to pay the
bills with. As it is the Board Of
Education finds itself in hole and
no way at present 10 extract itself
from it.
A RoBBER wearing false face
with a black moustache held up
the southbound Kansas City, ST.
Joseph and Council Bluffs train,
four miles south Of Hamburg, la.
The enterprisiug robber succeeded
in getting 800 in cash and gold
watch and escaped in the dark.