davidaulloa/AmericanStories huggingface dataset:
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
The Price of Cotton.

Although cotton is higher than 1t
has been for years, the question as to
whether it is too high or still too low
is as much of a problem to the great
business world at large as when the
price was down to its lowest record in
the early nineties.
There is a common impression that
the price of cotton is controlled by the
gamblers, and it would be a difficult
task to eradicate this impression from
the public mind. There is no doubt Of
the fact that the gamblers frequently
exert a tremendous temporary influence
on the price Of this staple; but that
any influence that could be exerted by
the gamblers should be permanent
hardly seems reasonable. 1t Is GER
tainly not reasonable if it is conceded
that cotton has definite value as COM
pared with other products.
The terrible depression that existed
in the price of cotton during the early
nineties is a nightmare that will not
soon be forgotten. The exact causes Of
that depression have never been made
clear to the producing world. 1t Is
well-known, however, that the causes
had but little relation to the natural
laws of supply and demand. In the
first place, it will be remembered, that
the prices paid to producers were far
below the cost of production. This
would not have been unnatural had
the supply exceeded the demand; but
no such claim can be sustained be-
cause Of the wide margin that then ex-
listed between the price of raw material
and manufactured products. The
manufacturers Of cotton made greater
profits than they are making today.
The abnormal depression therefore
must have been due to speculation.
AS compared with the cost Of pro-
duction. there is as much profit in raw
cotton today as there was loss in 1t a
few years ago; but it does not follow
that the situation is as much out of
joint now as it was then. The fact
that it was too low then does not ar
que that it is too high now, and al
though such q charge is being empha
sized by bear spectators and manufac-
turers north it does not follow that the
present situation is entirely due to the
operations of the option gamblers.
The history of the present high
prices is entertainingly related in the
current issue Of the Saturday Evening
Post. According to this story w. P.
Brown. and. friends of New Orleans,
were the first who figured out to their
entire satisfaction. that last years crop
was not nearly sufficient to supply the
demands of the mills and Of the trade
for the year. They commenced last
October to buy contracts for July and
August of this year, and although
their operations were conducted on IL
large scale, they made no unnecessary
noise. Theodore H. Price of New
York was the first bull speculator to
make big noise. During last fall he
entered into u campaign on January
options. He bought largely. interested
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
WITHIN THE TOWN.

Rev. D. G. Caldwell Of Due West
preached two excellent sermons In the
Associate Reformed church last Sun
day.
Mr.. B. N. Moore has moved his
cotton office into the room formerly oc-
cupied by the Exchange bank Messrs
]. R. Lindsay and w. I. Witherspoon
are also occupying the same room for
the present.
- The Jasper Light infantry Is now
provided with the Krag -Jorgensen rifle
Of the regular service. The new guns
arrived last Saturday. There are sixty
Of them and they are beauties. The
Krag- -Jorgensen is lighter than the old
Springfield and of smaller calibre. 1t
is provided with a magazine and may
be used as q single shot weapon or as
a repeater. The range Is 1000 yards
and at a distance Of two or three hum
dred yards bullet will penetrate about
forty inches of solid oak. 1t Is much
more complicated than.th old Spring
field and must be taken care Of more
particularly.
- The Backmore Art company. which
has been in Yorkville for week, most
Of which time 1t has been In process
of organization, expects to leave for
Blacksburg tomorrow. The company
is engaged in giving lessons in crayon
and pastel enlargement work by means
of the pantograph and a number of
pupils have produced some highly cred
liable work. The company advertises
principally by means Of high class en-
tertainment, and although 1t has been
at a serious disadvantage in Yorkvllle
for lack of patronage, those who took
occasion to investigate are convinced
that the company is composed Of high
class artists. Each member Is a spe-
cialist who understands his business as
an entertainer Considering the fact
Mr.. Blackmore was very much disap-
pointed at the comparatively small pa
tronage he received. and complained
about the matter Monday night with
considerable show Of disappointment.
Those who patronized the art school
have no occasion for regret.
Il have q warrant for you and you
will consider yourself under arrest!
| Magistrate ]. G. Conner was the speak
er, and he made the announcement to
Il Negro named Sam Erwin, as the lat
ter drove up to the cross street in a
buggy last Saturday. "All right SIR
the Negro replied, and as he was get
| ting down from the buggy, he called to
an acquaintance among the Negroes
near by with the request: Take dis
mule back home for me-" 1t looked
to the bystanders as if the arrest had
been effected without trouble; but Err
vim did not intend it that way. The
instant his feet struck the ground he
was off, and when the magistrate tum-
bled to the situation he followed at
his best. shouting. Catch him, catch
him." Magistrate Conner put up sur
prising race, and held on we'll, but he
was no match for the Negro in that
kind of a contest, and was soon left
behind. Several young men about the
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01

years ago for breaking into the store
of Mr.. Dysart at Glover. He plead
guilty and was sentenced to only sew
en- months, while the other Negroes
went to trial and got about fourteen
months each. AS a rule, however, he
is very deferential to white men.
Among the Negroes who assisted In
the arrest of Leech and who helped to
stand off the would-be rescuers were
Joe Reid. George Hymes, Adam Cham
bers, Hogan Bryant, Press King. John
Wheeler, Paul Crawford, Little John
Chambers. Leech Is reported to have
said that he will make it warm for
some Of these If he gets down on the
ground again.
Magistrate Conner, on Friday issued
warrant charging the following Me-
groes with completely in the affair:
Howard Gardner, Walker Wylie, John
Smith, John Chambers, Chas. Cham
ber Dan Jones, Harvey Thompson
The first three have been arrested and
committed to Jail. The others are still
lodging the officers.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01

employment in it's cotton industries Of
all kinds to over 100000 workmen. 1t
is claimed that America is unable to
supply the worlds demand for cotton,
thereby causing cotton to become, not
a staple article of commerce, but one
of speculation. and therefore greatly
detrimental to the cotton textile in
dustry." The English are also giving
much attention to the cultivation OF
cotton in Nigeria. and has formed asso-
Citations to extend the production there.
In the West Indies. particularly In
Montserrat, Antigua and Barbados, eff
forts are being made by offers of free
ginning, free baling and free transpor-
tation, to induce planters to engage In
cotton growing. In view Of these ef-
forts to become independent Of the
American supply of cotton the specula-
tive manipulation of its price is hardly
in the interest Of the American planter.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01

ed in cornering January. They made
tremendous profits:s but Price had the
idea that the top had been reached and
declined to go further. He had been
obliged to take a large amount of ac-
tual cotton and this he sold to Nc
Fadden, the Philadelphia cotton trader.
Daniel J. Sully, who had been cotton
buyer for New England cotton mills,
stepped in where Price left off, and
ran cotton still higher, in spite Of the
fact that Price had turned bear. Sully
also had to take a lot Of cotton and
when he reached a point where he
dared go no further, like Price,
he sought the help Of McFadden. When
Sully laid down, 1t looked as If
the bottom had dropped. out, and
prices would fall; but it was then that
Brown and his crowd who had all the
while been buying under cover, came
out in the open. The appearance of
Brown was the signal for an enthusl-
astic assault of line bears. They were
convinced that prices were out of rea-
son, and they hurried to sell him cot
ton that they did not have. He took 1t
all. Brown went to New York and en-
tered the pit The frenzied mob
of bears pitched hundreds, thou
sands and ten Of thousands OF
bales at him, until they became
alarmed, when they found him coolly
bidding for more. When settling
day came for July contracts, the bears
delivered all the, cotton they could.
They had bought back from Europe
and had it shipped to New York from
New England and other mills. They
sought to overwhelm Mr.. Brown; but
Mr.. Brown took and paid for every
bale that was offered.
AS the situation now stands, Brown
and his crowd have about 80 per cent
of all the cotton in the country out of
the mills. In July It was calculated
that the total visible supply was 200,-
900 bales and that the average con-
sumption was about $4,000 bales a
week. 1t would be six weeks before
the new crop could come in, and the
Brown people, figured that they were
safe, especially since the greater part
of their cotton had been bought around
nine cents.
How much cotton the Brown people
now have is not known; but they made
no secret that they have sold lot of it
and that they are prepared to sell the
balance at figures less than the cost of
the highest Of it. They maintain how
ever, and with reason; that they have
bought but few bales at. prices less
than actual value, and with equal ap-
pearance OF reason they claim that
their operations are not properly to be
classed as gambling; but, as Legitimate
speculation.
How it will all turn out is matter
of idle guess work to all except man
like Mr. Brown; but somehow it seems
quite certain that the operations of the
New Orleans people must necessarily
affect the value of the present crop,
and make prices higher than they
would have been otherwise.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
McCONNEllSVILLE MATTERS.
OF the Yorkville Enquirer.

Correspondence Of the Yorkville ENQUIRER.
MCCoNNELLsvILLE, August 31.-The
McConnellsville High school with Prof
j. M. Moore as principal and Mrs. L.
r. Smith as assistant will open this
morning.
The protracted meeting of Olivet
church will begin Wednesday evening,
September End. The pastor will be as
sisted by the Rev. G. c. Brown of
Catholic Grove.
Mrs. Jane Love and Mrs. w. M. Love
returned last week from visit of ten
days to Cleveland Springs.
Miss Ella Love will leave within q
few days for a visit to friends in Spar
tanburg.
Messrs. Walker Moore and Robert
Love will leave this week for David
son college. the former to begin his
sophomore year. the latter to enter the
freshman class.
Miss Lillian Crawford is visiting
friends in Lincolnton, n. G..
Mrs. E. p. Love and family are
spending a few days with relatives in
Rock Hill.
Mr.. and Mrs. J. D. Mcconnell spent
Saturday with Mr.. and Mrs. j. S.
Jones in Yorkyille.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
LOCAL lACONICS.
We Will send the Enquirer

We Will Send the Enquirer
From now until January 1, 1904 for
6S cents.
Case of Diphtheria.
A child of Mr.. and Mrs. ]. c.. Lilly 'of
Filbert developed case Of diphtherIa
last week; but was quickly relieviid
by means of the anti-toxin treatment.
Betheps First Bale. -
Mr.. r. B. Riddle telephoned from
Zeno this morning that he had just
finished ginning his first bale of this
years cotton. There were 1,278 pounds
Of seed cotton and the bale weighed 40
pounds. 80.
Tigers at White Hill. --.' =
Sheriff Logan, Deputy Sheriff Sail
differ. and Constable A. Rose went oit
to- White Hill Negro church, four mil %
east Of Yorkville last Sunday afternoon
to arrest some blind tiger dealers al
legged to be doing business there
The story was that Charley Finley and
other Negroes were on the grounds
with buggy load Of whisky and that
they were selling to all eomers and
with but little effort at concealmert.
When the officers arrived on the scene
the liquor sellers had gone. -,'
Committed for Murder.
Policeman r. G. johnson Of : Fort
Mill, who Is accused Of having recent
ly caused the death Of one J! r. Nor
man by running him into Catawba rif-
er with abloodhound, was; committed 70
jail last Friday .on the charge Of muir
der. The warrant In the case was is-
sued by Coroner Louthian, and the ar
rest was made by Sheriff Logan. Mr..
Johnson has employed Major James
F. Hart to manage his case and Will
make an application for bail as soon
as the necessary arrangements can lie
made. He will probably go before
Judge Gage at Chester.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01

THE Boar RACBs.-The third of the
series of five races between the Sham
rock and the Reliance is still pending.
There was storm last Saturday and
the boats did not venture out, while on
Monday the wind was not sufficient to
warrant Il finish within the time limit.
fight, and says he will not challenge
again until Great Britain produces Il
designer who might prove equal to
Herreshoff
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
The Yorkpille Cotton @arkei.
WANTED-AGENTS.

\ T ONCE-Ten hustling men to
II work for the Farmers Mutual Lilo
Insurance Co. Liberal prices paid 10
the right men. The company is grow
ing and gaining confidence. Entrance e
fee will be raised to $3.50 on and after
Oct. 1st. Call or write to D. E. BONEX,
Manager, Yorkville, 8. G.. Sept t3t
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
TEACHERS EXAMINATION.

l. NATION will be held at Yorkvilla
on FRIDAY. SEPTEMBER 18TH, from
o'clock a. M, until p. m.
White applicants will meet in Court
House. Colored applicants in the Col
ored Graded School building.
Teachers will provide themselves
with pencils and Legal Cap paper, AMI
be on hand promptly at the appointed
hour
This will be the LAST OPPORTUNI.
TY to get a certificate until May, 1904.
JOHN E. CARROLL,
County Supt. Education.
Sept. st
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
Sperial gotttes.
Picnic at Bethany.

Picnic at Bethany. =.
!: There will be an educational picnic
at. Bethany High school on Saturday,
September IL. There will be addresses
by prominent speakers and good NIL
sic. The public Is invited to come out.
Respectfully, J. D. HUdaINs.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01

11. The Enquirer is fully prepared
with the best Of materials and skilled
workmen to execute your orders for all
kinds Of Commercial Printing. Can we
have your next order2
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
Kings Mountain Military Academy,

Have you filled out and forwarded 10
the superintendent that entrance ceI-
tificate? DO IT NOW.
Session opens September 8. 49,.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
WANTED-BEEF CATTLE,

WILL pay the highest market price
Il for Fat Beef Cattle and I want all
| can get We are now furnishing our
customers with the best domestic re-
frigerated beef and solicit your orders,
which will receive prompt attention.
We are still selling Ice at / cent 4
pound in any quantity. Let us have
your orders. G. w. SHERRER.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1903-09-01
AT THE CHURCHES.

HEV. J. e. JUHNEs, HHCIOF'
No services this afternoon.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

ately upon the gaieties Of winter, one
has better opportunity Of dividing the
time between penetential duties and
visits to the modistes.
Shirtwaists are usually the garments
claiming first attention. This year
they promise to be more impressive and
distingue than ever. There will be a
greater variety of fabrics and wider
latitude allowed in the matter Of de-
signs.
However simple patterns may be
1t will be essential to preserve the fem
mime element. Masculine effects will
be avoided more than ever and only
those designs accepted which bespeak
daintiness and grace.
A novel shirt waist fabric is fllowered
cretonne This Ia as heavy as French
pique with generous intermingling Of
linen. The flowers are diminutive and
extremel; soft In effect. A picturesque
design has applied plaits back and
front, the plaits being stitched on eth
er edge but not down fat upon the
goods. The fulness at the front hangs
perfectly round instead OF the long
effect usually observed. Narrow pip
ings of plain white cretonne lend chic
to the plat overlapping the fastening
while the high standing collar has q
turnover of the same material.
A distinguishing feature Of the new
est turn-overs is that they have all in
creased in depth. In place Of the regu-
lations narrow straight or scalloped
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

not been relegated to back shelves are
Being tucked away as rapidly as posi-
ole to make room for the gorgeous ar
,ay of muslins, silks, lawns and ounens
hat are to be worn next spring and
summer.
1t goes without saying that these new
materials are daintier and more effec-
tive than ever. Such exquisite color
ings! Such original designs! Words
really cam not describe them!
Many of the diaphanous fabrics are
self-trimmed. That is the surface Is
covered with groups Of fine tuckings
and plaitings wrought 80 artistically
that little other decoration Is required.
Now Is really the time to get ex-
elusive materials and patterns for later
In the season they will be unobtaina-
BILE. II Is really necessary for one to
make these preparations in advance,
for several reasons. For one thing
dressmakers are hard to secure when
summer comes, besides 1t Is the smart
thing to get away to the country as
BooU as the weather warrants 1t. Then
as the Lenten season follows immedi-
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05
LoNELIEsT OF ALL COLONIES.
Tristan da Cunha, Far to the South of
st. Helena.

Tristan da Cunha, Far to the South of
st. Helena.
Ore of the smallest and probably the
lonellest fthe British colonies Is iris
tan de Cunha, a high, rocky island
twenty-one miles In circumference,
which lies about 1900 miles west of the
Cape of Good Hope, and far to the
south of st. Helena The population Is
about seventy souls and II Is the Gus
tom of the British government to send
a warshlp there once every twelve
months, with stores, mail, and presents
from home. On this annual trip, his
matesty's ship Thrush has Just left
Portsmouth. When Napoleon was a
prisoner at st. Helena the island was
garrisoned by artillerymen, and the
present settlement was founded by
three soldiers who remained and were
afterwards Joined by whalers, the
women going out from England. The
government is socialistic, the head man
or ruler being a patriarch named Pc
ter Green. Whisky or beer drinking is
unknown, and up to a few years ago
tobacco was never used. The islanders
live by cattle and sheep, their vegetable
gardens and orchards, and barter with
passing ships. The pests. Of the island
are rats and wild cats, and the rats are
said to be so numerous that they kill
the cats. In the last cargo sent out from
England we're three terriers and can
of rat poison.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

It appears. says the London Globe,
that the aerial boats reported to be the
latest acquisition OF the Russian navy
are not, after all. navigable balloons,
but aeroplanes. controlled from a ship
by wires. They are little more than an
adaptation Of the box kites which arc
flown for scientific purposes in Amer
lea. and which were sometimes used by
the British force during the late wal
in South Africa. They are known in
the Russian navy as flying dragons.
and are to be used for scouting pur-
poses. either wind or the speed OF q
war vessel being utilized to raise them
to considerable heights. II takes Ave
dragons 10 lift a man.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

When one Of Chicago's two educa-
tional institutions, the University OF
Chicago and the Northwestern uniyer-
sity. cannot supply news for the papers
OF that city, something is surely the
matter. The latest item comes from
the university, and concerns the goods,
who have not yet been aggregated as
have their sisters at the Harper institu-
ton. Il seems that the young ladies
who live in Willard hall, one OF the
dormitories, are frivolously inclined.
Fudge parties" and similar dissipa-
lions engross their attention at the ex-
pense Of their work. Recently some OF
the young women got tougher and
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

John Hancock has been dead 100
years, but his estate has never been full
lily administered. Last week George c.
King, a lawyer Of Boston, representing
that q remnant of thu estate remains
to be administered asked the courts to
appoint him legal representative Of the
family at the request Of the next Of kin
Of the patriot. Elizabeth L. H. Wood,
apparently the only interested person.
gives her written consent to the petit
ton, which is to be considered By the
court.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

formulated rules Of conduct which bar
red out all parties Of this kind and GU;
down calling evenings and hours
Hitherto the inmates Of the hall have
heen allowed to receive callers on two
nights In the week, from 1880 to 10
Under the new rules callers may come
only from 1880 to 9. The result OF
these stringent rules has been terrific
rumpus on the part Of a minority OF
your women who are socially inclined
and a strife is threatened.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

Colonel Ichenetshy. Of the Russian
artillery. has invented a new freproof
material called urallte. It is made Of
asbestos ground into pulp and pressed
into thin sheets. which are then CO.
mented together and soaked in water
glass. 1t can be glued nailed without
splitting. IL not subject TO climatic
chances or conditions. Is stronger than
Portland cement and costs only I cents
per square foot.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

The Jane Jefferson (women's) Demo-
cratic club. Of Denver. has taken out a
% years charter. 1t is hoped by the
oriEinators that the club, which was
named In honor of the mother OF
Thomas Jefferson, will ultimately be-
rome a national organization of Demo-
Eraiie women.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05
EW YORK Letter:

wv YORK Letter: It
really seems strLoge to
see people bundled up in
furs shopping for summer
gowns in TIE middle Of
January, bit that Is exact
ly what Gotham's fashion
ables are doing just now.
Winter fabrics that have
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

Tools In the Amur river. in east 81
berfa. have swept bare burial ground
Al remarkable interest. containing
many skeletons in curious chain armor,
and with iron battle-axes and sword
ants OF bronze. which are supposed to
Be the remains Of an ancient Tartar
horde.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

An Indiana farmer waited all night
for an alarm clock to announce In
the morning before committing suicide
His death was timely.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

A day in June can't compare with the
man with q full coal bin.
Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1903-02-05

"what is a Yankee notion, pop?"
Eating pie for breakfast, my SON.
Yonker's Statesman.