The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1902-03-17
HENRY CLEws & Co., speaking OF
he stock market says: Occasion al

spurts. but quietness aud a gen.
eral sagging tendency. Nave been
the features OF the stock market Tor
weeks, and the drift s,ill appears
TO be in the sams direction. Many
Of the big tinunciers are absent, as
usual at this period OF the year;
hence important negotiations are
frequently postponed and mar ket
movements lack the stimulus which
such men AID such developments
afford. Apparently their arrange.
nents contemplate a firm resist.
auce TO any bear attacks or decided
breaks, but little opposition. If any,
10 gradual and moder ate recessions.
II this snrmise is true, their policy
is evidently sound one. Values
have long been pledged at such an
extremely high notch that the out
side public refused to enter the
market; and safety as we'll as prof!
and reason demanded some reaac-
ton from the boom prlces OF 1901.
The better classes Of railroad stocks
have been 80 completely withdrawn
rom the market by institutional
and syndicate buying that ,nvcn-
tors found difficulty 10 securing
suitable returns upon their money
while speculative ventures In Sc.
surities were not only Improbable
but positively dangerous so long as
rs powerful cliques we're carrying
big masses OF securities which they
could not sell except at a loss.
We're it not for the united front OF
these big holders we should have
seen pretty active bear campaign
during the last six months il not
before. Yet our ablest tinauciers
with all their skill and unboundcd
resources for manipulation have not
been able to tempt the outside pub
lie to relieve them Of their burden;
and now they are apparently real
iZing that il they expect 10 succeed
they must give the public some
chance bv admitting them into gen.
eral partnership on more favorable
terms.
Still another cause oil uneasiness
is the la Dor situation aud the pros
poets OF renewed disturbances this
spring. Railroad earnings are
well sustained except 10 regions
suffering IRON short corn and cot
tou crops aud considering the
great activity Of the last three
three years the continued pressure
Aof freight both east and West Is
marvellous.
THERE appears to be some hitch
10 paying for the Seventh street
bridge OF which Patrick rahey is
the contractor. The first contract
price was $25, 600 for 80 loot
bridge. Mr.. Fahey has put in -
IT. bridge and wants SIS. 900 for the
Job. besides he claims extra ccm-
pensatlon for building approaches
10 the bridge. If the plans and
speci atoms were drawn like those
for the new pest house. then We can
not see how tie Levy Court Commits
sioners ATE going to get out of pay
ing whatever Mr.. Fahey demands.
But if he has nothing to show that
he built the bridge according to
agreement, then the Levy Court
will not pay the price demanded
now 10 final settlement.
Mr.. Chandler objected to paving
$4,000 Tor n foot bridge when
the bid OF the contractor called Tor
80 foot bridge. a difference Of
four feet in an iron bridge would
mean a saving .! several thousand
dollars and the contention is now
that the county has no right to pav
for something they did not receive.
Contractor Fahey saws he has
nothing 10 be ashamed OF or to hide
in building this bridge for the coun.
~ and expects to receive his pay
for the sam:, lie will put in his
bill at the next meeting OF the
Levy Court or next Tuesday.
WHAT kind OF Il sua'r is there in
the Seventh street bridge contract,
The Whole thng has a very suspI-
cious look and somebody pcrha ps
may get more than is coming 10
them The TACT is that Il contract
was awarded 10 Patrick Fahey Tor
so foot bridge and he afterwards
built - foot bridge, receiving the
same pay for the smaller bridge
that he was TO receive for the lar.
ger bridge. This may be the wav
some men do business. but no good
business man would conduct his
business in such manner that ne
would contract Tor certain article
and pay for something which he
never received.
ALBERT WEST, the negro who
shot and killed policeman Mark W.
Allen. 'Ir.. Of Chester, Pa, on Sat-
urday, Feb. LIST, was convicted iu
the Media court on Thursday al
ternoon. OF murder ia the first de-
gree. The verdict is a lust one, as
the condemned man deliberately
shot the police officer. killing him
~ NhS III - shoti anu III GU TWO more
shots alter he had fallen. The
prisoner received far and impair
tial trial and will now have TO sIf-
Ter the penalty Of his cowardly
crime.
THERE ~ a great deal Of inter-
esl taken ny the young men Of our
city in bowling, and almost every
night or 80, the different bowling
clubs meet one another in friendly
bowling contest. The exercise Is
healthy and lnvigorating and de
relops muscles There are some
half dozen as fine bowling ALLEYS
In our city as can be found any.
where, and the bowlers comprise
Our best young men.
PRESIDENT WlLLETTs of the
Levy Court said the Trustees OF the
Poor would exceed their aporopri-
alton by at least $40 900 and the,e.
by hangs future tale. If tile
Trustees have exceeded their ap.
preparation by any such amount,
then more than one Trustee must
have been mistaken 10 statemc nts
made before on this subject, We