davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
SUMMARY OF THE DAYS TRANSACTIONS IN THE MARKETS
WHEAT MARKET is WEAK
FREE MOVEMENT is PRINCIPAL
FACTOR IN DECLINE
Pit Crowd Refuses to Become Excited
Over Seizure of English Vessels by
Russia

: CHICAGO, July 23.-Free movement of
new grain was the principal factor in
creating weak wheat market here to-
loss of zs@ ole. Corn is down &c. Oats
are off B@A Provisions are up 27s
prospects of maintaining peace between
Great Britain and Russia and favorable
weather throughout the United States
gave the wheat market weak opening.
Initial quotations on September We're
down 5s@Ac to B@1c at S6A@S71sc.
Sentiment in the pit appeared to have I'M
dergone a radical change and there were
more bears in evidence than had been
seen in a long time. More favorable crop
reports from the Southwest and North
west. together with an increased move
sible for the change of feeling. There was
general selling at the opening and the
pressure to sell reached a higher tension
as soon as the pit crowd discovered that
little support was forthcoming from re-
cent bull leaders. During the day there
were one or two slight rallies on COW
ering by shorts, but the general news
was against higher prices. About the only
bull factor was a rumor of fresh seizures
of British ships by the Russian volunteer
fleet, but little attention was given the
report
Low Point Reached
at S6as @S6Ac. The market was inclined
to drag throughout the day and the close
was heavy, with September at S6Bc;
Clearances of wifedt and flour were equal
to 125, 800 blu. Primary receipts were
520,400 bu, compared with 5S4, 500 bu a
year ago. Minneapolis, Duluth and Chi
cago reported receipts of 270 cars. against
223 cars last week and 246 year ago.
In sympathy with the break in wheat
there was influential selling of corn early,
resulting in a moderate decline. Offer
ings, however, We're readily taken by
bull leaders and the market soon became
steady, continuing SO the remainder of
the session. Receipts were not as heavy
decline here yesterday. September OPEN
ed a@Ac lower at 1915 @49Ac sold
off to ACC and closed at. 49 @49bc. Lo-
cal receipts were 294 cars, with "a of
contract grade.
Oats Are Steady
Under the influence of the weakness of
wheat, sentiment in the oats pit was a
little easier. but there was enough local
support to hold prices steady at slight
of new oats is commencing had some
effect, but this was partly offset by the
poor grading of arrivals. September
opened 1a@Ac lower at 32x @33c. sold
@33c. Local receipts were "A cars.
A little buying by shorts late in the
session caused small advances in hog
products. but for the greater part of the
day trading was practically at a stand
still owing to the strike. September pork
was up 21@@5c at $6.52'@@6. 95. Ribs
closed at Sc. 921k D6. 95. a gain of 21a @5c.
Estimated receipts for Monday: Wheat
50 cars; corn, 307 cars; oats, 113 cars;
hogs 10000 head.
Range of Quotations
The leading futures ranged as follows:
Omen | TIigh r Ov / Close
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
SPECTATORS QUIET
SHORT SESSION AND HOLIDAY RUSH
HAS EFFECT
Special Firmness in iron and Steel Stocks
Is Feature of Days Mar<et-Independ-
emit Companies Make Sharp Gain

NEW YORK. July pa marked SUBJ,
sidence of speculative interest was OBJ
served in today's market, partly attribut-
able TO the short session and the rush
from the city for the end week holiday.
But the limit to the present active move
ment was pretty clearly shown by the
dullnesS yesterday. There was the same
hesitation of prices today, but the under
tone was firm and there was little pres
sure to sell; simply a cessation of the
recent large buying in different quarters
of the list The settlement of the Incl
dent of the Russian seizures in the Red
sea seemed so well defined as to leave
little surface ground for uneasiness.
1t is probable. however, that some re-
pressive effect is still felt from the sud-
den possibilities of trouble developed by
the incidenH The only feature in today S
market was the special firmness of the
iron and steel stocks; U. s: Steel pre-,
the stocks of the independent companies
made some sharp advances. Rumors eina-
mated from the neighborhood of the
meeting of presidents OF the United States
Steel subsidiary companies which in
creased the conjectural earnings for the
second quarter of the year to $20,0000 600.
The bank statement reflected all of the
expected gain in cash reserves and car
rled that item. as we'll as the loans and
deposits, to new record figures.
New Figures for Deposits
AS nearly half of the increase in de-
pos1ts was liz cash, there was a margin
OF increase IN the surplus OF over SIX mil
lion dollars, bringing that item to the
unusual figure of $50, sos, $780, The offering
of call loans this week to below 1 per
cent is thus easily understood. The
market closed irregular and at small
changes. Total sales of bonds par value,
81, 095, 600.
The stock market has been very irreg-
ular throughout the week and its occa-
sional strength has been manifested in a
very spotty manner. The impression
made upon speculative sentiment, how
ever, has been to increase confidence
in the underlying strength. Professional
operators have held to an opinion that
a normal reaction after the considerable
rise in prices was overdue and the at
| titude towards the market has been one
of constant suspicion.
| 1t is usual for the securities market
| to be left top heavy after SO consider
| able a speculation for the advance as
| that which has carried prices to their
present level and the first sign of reac-
| ton is likely to bring upon the market
a flood of belated profit taking or sales by
| speculative buyers at the top to save
| sales on the short side to force the re-
action and get back stocks at a lower
level.
There has been occasional hesitation
manifest in the bond market, but the
tone has been good.
United States bonds are unchanged on
| call from last week.
1 CIosind LIST
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
OTHER GRAIN Markets

:, Kansas citymWheat lower; July, s15sc;
cash No. 2 hard S5@S6c; No. 3. S1@S4c;
No. 2 red, S7@soc;. No. 3, S5@S7c. Corn
weak; July, 505sc; September. 461s @46Ac
December. 401sc; cash No. 2 mixed. SIC;
No. 3. sligo; No. white, 521ac; No. g.
51@52c. Oats steady; No. 2 white, 42c;
No. mixed, 39040c.
st. Louis-Wheat lower; No. 2 red cash
elevator. &c.. track, 92@93Ac; July
81 &c; September, s51Ac; No. 2 hard, 500
92c. Corn weak; No. 2 cash, 501bc; Sep
weak; No. 3 cash, 3sc; No. white, 45@
451ac; September. 32Ac.
Milwaukee Wis.-Flour steady. Wheat
7Ac lower; No. / northern. $1.01; No.
northern, 9S@9S1ac; new September, SIC
asked; puts, S6Ac asked; calls, SS1sc ask
ed. Rye, 12c lower; No. 1, 7S1ac. Barley
dull; No. 2, 61@62c: sample 33 660c. Oats
steady; standard, 427s @43c. Corn firm;
No. 8, 501a @52c; September. 1880 asked
puts. 4S7sc bid; calls, 49Ac bid.
Liverpool -Wheat-Spot nominal; fu-
lures quiet; July, IS 6zsd September
6s Sd; December, IS sgd. Corn-Spot
quiet. American mixed new, As AID
quiet; July nominal; September, As 2Ad.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
MINNEAPOLIS

Minneapolis-A quick drop of a cent was
the feature in wheat this morning. On
better weather and fair prospect of its
continuance over Sunday the market was
weak to start and was soon off to a
shade under SIC, selling out of little lots
for profit and execution of stop loss
orders. The turn for the better in the
weather appears to have come at last.
Meanwhile the bears have had the bene-
fits of less responsive foreign markets and
number of American crop reports of a
nature more favorable than formerly In
the main the situation is unchanged. The
movement of new wheat to market is
not likely to run heavy and the north
west crop is still very backward, not
ing. The report of the Market Record
of yesterday covering the three states
and pointing out a prospect of $40. 900, 900
blu wheat as northwest possibility was
mainly the cause Of the decline. To
the outside trade it was a surprise in
view of the bad reports previously eman-
ating from the northwest. Locally it was
widely discussed. Chicago wired asking
What is your opinion of Colonel Rogers
figures?" H. Y. Jones' who has just
been through the country, replied: Can
not believe that Colonel Rogers is seri-
ous. One thing is certain, if the north
west raises any such quantity of wheat
it will be a wonderful thing Of the
backwardness of the crop the Rogers re-
port takes due notice and the figures are
good weather and absence of early frost.
Minneapolis received SO cars. against
107; Duluth 1l5, against Ii, and Chicago
1ss, 900 bu, against 15s, 600: shipments,
1000 blu. against 53 600. ST Louis re-
ceived 1913, 900 bu wheat, against 167, 900;
shipments, $4,000, against $1,000 Prim-
airy receipts $40. 600. against 584 600
Shipments. 275, 600. against 204. OO0 Clear
ances wheat and flour, 1000 bu The
following is the range of prices:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Midway Horse Market
VARIOUS LIVE STOCK MARKETS

o--Cattle-Receipts, 400; nominal;
good to prime steers, $1,000 .S5; poor to
medium. 81. 50@5. 25: stockers and feed
erS, $2@4; cows, 81. 1904. so; heifers, s2@
8; Gamers, 81 .50@2 so; bulls, 1904. 10;
calves, 81. 50@6. 70; Texas steers. 1904 rs
Hogs-Receipts today, 5000; very slow and
lower; receipts for Monday 20, 900; mixed
and butchers, IS. 10@5.35; good to choice
heavy, So 1905. 35; rough heavy. 81 900
5. 10: light, S.. 1895 80; bulk of sales.
SO. 1905 80. Sheep-Reeeipts 2.00e; sheep
and lambs slow; good to choice wethers,
S4@4 .25; fair to choice mixed, S3@4: ma
tive lambs, $4@7.50; Western sheep, SIS So
Kansas City, Mo.-Cattle-Receipts.
1.5OO; market unchanged; native steers, 81
@6; native cows and heifers, S1.75@5;
s St ele and feeders, s2;5o@4. so; bulls,
S2.25Q3:I5: calves. $4,000. so; Western
steers, IS 1906 so; Western cows, 81. 800
25c lower; bulk of sales, s4:S5@5; heavy,
81 1905 10; packers, 81. S5@5;. pigs and
lights, 81 25@5;, Sheep-Receipts, none:
@4. so; lambs, $4@6
market slow; beef steers. ss.5oa5 IS :
stockers and feeders, 81 25@4. so: cows
and heifers, 50. 20@3. 20; Texas steers. So
"a SO; cows and heifers, s2@3. 25 Hogs
Receipts, 1000; market lower and uneer-
tain: pigs and lights, 81 1906. 10: packers.
$e@5.25; butchers and best heavy, Sc. 10m
$50. Sheep-Receipts, 400; market slow.
natives. 50 .50@4. %; lambs, $4@6; Texas,
So. 5e@4 So
New York Butter
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
DULUTH

DULUTH, Mimi, July 23-Wheat
sagged today materially; September open
ed &c off at S!a4c, sold to S77sc. and then
declined steadily to close at S7asc. Trad
ing was active. Flax was about &c off
except for late new crop futures. which
went up. Cars on track. 142. Shipments
1852; flax, 1920. Close: Cash No. 1
northern. 9Se; No. northern, 94c; on
track, No. 1 northern, 99c; September,
S73sc; December, SAC. Flax, cash. s.. 221a
September, 81 233s; October, 81. 231a; De-
cember. 81. %; November. 81 %. Oats,
Csc; September, 93c. Rye, soc.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Coffee and SUGAR

NEW YORK, July 23.-The market for
coffee futures opened steady at un-
changed prices and ruled very quiet in
keeping with practically featureless early
foreign news. There was some SWITCH
ing from near to late positions, but this
prices and the market was finally Steady
at last nights prices Sales were re-
ported at $3.50 bags including: July at
b Soc; September, 5.95c and May at g. roc.
Sagaf-Raw. firm; fair refining. 3ISc:
centrifugal 96-test. 15-16@4c
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Il. H0[bERT & SONS
BANKERS and
BROKERS
si@ Robert ST. ST. Paul
CONTRACT WORK
Sewer on King Street, From Smith Ave.
nue. to Ohio Street

nue. to Ohio Street
Office of the Board of Public Works.
City of ST. Paul, Mimi, July %, 1904
Sealed bids will be received by the
Board of Public Works in and for the cor
poration of the City of ST. Paul, Mime
sofa, at their Office in said city until
p m. on the Second (2d) day of August,
A. d. 1904. for the construction of a sewer
on King street, from Smith avenue to
Ohio street, In said city, according to
Office of said Board. :.
A bond with at least two CD sureties
in sum of at least twenty 600 per cent,
or a certified check on a bank of ST Paul
in a sum of at least ten (10) per cent of
the gross amount bid, must accompany
each bid. Said check shall be made pay
able to the Clerk of said Board ~ -
The said Board reserves the right to
reject any and all bids.
JOHN S. erode,
President
Clerk Board of Public Works.
July 23-1904-10t
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

Prices generally steady. Receipts light.
Quality unchanged. Price range, 81 500
light and medium weights are quotable
from 81. 95 to IS. 10; fair light mixed and
good heavy from 81. S5 to 81 80; common,
mixed and heavy from 81. 60 to 81 rs;
rough packing sows selling around 81 80.
Prices mostly zoe lower than last Satur-
day Representative sales:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
CHHS, |. HAAS Commission CO,

Live Stock Commission Merchants.
Room 10. Exchange Bldg.,. Union Stock
Yards, South ST, Paul, Minn., and
Union Stock Yards, Cijcago, If.
AL correspondence will receive prompt
attention. Liberal advances made on
consignments. INSTRUMENTATION Stock
Yards or any Commercial Agency.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
HOGS GENERALLYSTEADY
RECEIPTS LIGHT = QUALITY UN-
CHANGED
Cattle Supply Lieht-Mar<et Quiet and
Not Quotabiy chanaed-choice Lambs
and Yearings Sell Strong

receipts at the Union stock yards today:
Cattle, IT'S; calves, 5; hogs, SIS; sheep,
165; cars, II.
The following table shows the receipts
from Jan. /, 1904, to date, as compared
with the same period IN 1903:
Year. Cattle. Calves: Hogs. Sheep. Cars.
1904 -. 86,912 %, 151 $50, 056 267, 96S IL $50
1903 -. 9O,9S1 29, $50 434, 1893 201,57 1922
Inc 49,. 49,. ...... 121 ,25S $500 1850
Dec -. 4,069 7,432 ...... ...... ..:.:.
The following table shows the receipts
thus far in July; 1904, as compared with
the same period in 1908:
Year. Cattle. Calves. Hogs. Sheep Cars.
1904 1906 1871 31,S01 1856 S43
1893 -. s6,109 1881 31129 1886 824
Inc 1917 269 672 -: 10
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
London Closing Stocks

+ ConSolS for money SO 11-l6; consoIs for
account, SS&. Bar silver steady, 26 11-16d
per ounce. Money, 27s@3- per cent.
New York Money
NEW YORK, July 2S.-Close: Money on
call nominal; no leans Time loans easy;
sixty days. per cent; ninety DAYS. 21a
per cent; six months, "A @3k per cent
Prime mercantile paper, 81 "a per cent
Sterling exchange firm. with actual BUSH
for demand and at $4.S4 65@4 rs for
y-day bills; posted rates, 81 : Ssh "a. SO
and 81 .S5; commercial bills S4S4@
4.S4R. Bar silver. 5Sc. Mexican dollars
451ac. Government bonds steady; railroad
bonds steady. 5s. -El :
New York Bank ciearings
NEW YORK, July 23.-The statement
of averages of the clearing house banks
OF; this city for the week shows:
500. Deposits. S1,201, 443. 2OO increase,
$22,279, 500. Circulation, $39, 1872 coo; de-
crease, $23. 500. Legal tenders. $S5, OILS, 900;
increase, $95S.260. Specie s265 1855, 400; in
crease, $10.656, 500: Reserve, $350,970. 400;
increa IS s11614, zoo. Reserve required,
$50, 609, 500; increase, $6,046, 250 Elk u.
S. deposits, $56. 445, 400 increase, $6051, :
Bank cIearinas
~: Paui 1900. 20, a59 374
Minneapolis Is, 037, 779
Chicago Produce
CHICAGO, July 23-Butter steady;
creameries 12@17c; diaries, 12@15c. Eggs
twins, ~ @Sc; Young Americas S@SNc
Poultry-Live easy; turkeys, 10@11c;
chickens, lie; springs, 13@15c
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

Other Grains-Winter wheat, L. mac
aroni wheat, L; No. corn, 5; No. corn,
Z; No. 8 oats, Z; No. northern oats, 10;
no grade oats, 8; No. 2 rye, 2; No. 3 rye,
2: No. barley, 8; no grade barley, g.;
No. / fax. 16; rejected fax, Z; no grade
flax, 2.
Cars Inspected Out-No. northern, IS;
No. northern, 81: No 5, 81; rejected. 26;
no grade, z; macaroni. 5; No. winter
wheat, 10; No. 4 corn, 3; no grade corn,
1; No. 3 oats, 10; No. northern oats. %;
no grade oats, l.; No. 2 rye, 8; rye, l.;
No. 5 barley, 3; No. 1 flax, Z; rejected
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
The leading futures ranged as follows:
Open. High. Low. Close.
CASH quotations were as follows: Flour

CaSh quotations We're as follows: Flour
was steady Winter patents, $4.S0@5;
straights, 81 % to 4.65; spring patents,
$4.25 to 81 5; spring patents, $3.50 to
$40; straights, So so to 81 90. Wheat
No. spring. 9S@99c; No. 3, SS@95c; No
2 red, 96@971ac. Corn-No. 2, 49Ac; No.
yellow. 567s @51c. Oats-No. ?, 40@40Ac;
No. white, 42c. Rye-No. 2, zoe. Barley
Good feeding. 35@3Sc; fair to choice
mailing, 42@5Oc. Flaxseed-No. /. $1.175a;
No. l northwestern, $1.221a Timothy
Seed-Prime, So. Mess Pork-Per Dbl.
$12 rs. Lard-Per 100 lbs. $12. so. Short
Ribs--Sides (loose), Sc .S21s 96. IS. Should
ers-Dry sailed (boxed), 81 25@7. 371b.
Whisky-Basis of high wines $12S Glover
-Contract grade, $11: %. Receipts-F1our,
Is, 500 bbls; wheat, $4,000 blu; corn, 209. :
600 bu; oats, 142, 100 bu; rye, 5000
barley, 2S,500 bu. Shipments Flour
$4,000 bbls; wheat, 27,10O blu: corn, 27S,-
500 bu; oats 193,400 bu; barley, 2, 200
On the produce exchange today the but
ter market was: Creameries firmer;
creameries, 13@17c; diaries, 12@15c. Eggs
steady; at mark, cases included, 1870
15&c. Cheese easy, ~ @SHc.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Cattle

.-l.-. Cattle
Receipts light. Market quiet and I'M
changed from yesterday. Desirable beef
and butcher cattle selling in about the
same notch as before the strike. Gamer
week. Good butcher bulls about steady.
Others very dull.,s Veal calves fully 25c
higher for the week. Stockers and feed
ers dull at weaker prices. Mich cows
unimproved.. Representative sales:
Rntcher StearS--
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Official receipts for the past seven days

The various railroads entering the yard!
reported receipts for the day, by loads, a.
follows: c. G.. W.. l.; c., M. & st. p,
M. 81 ST. L., 1; c.. ST. p M. & o.,
G. N, 2; n. p. 3. Total 20.
DiSnASifinn of stock Il1l1r %.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
ROGERS & ROGERS

live STOCK COMMISSION MER.
CHANTS.
Room 2. Exchange Building, South Sc
PaHi, Minnesota.
Highest market prices, obtained for
stock. Prompt attention given to all cor.
respondence and orders. References:
Any Commercial Agency.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

On Track-No. / hard, S91hc; No 1
northern. 9S15c;; to arrive. Csc: No. 2
northern. $50 @961hc; to arrive. 96c: No.
5 wheat, 92@94c; No. yellow corn, 5311k G.;
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

The following table shows the weight.
cost and price range of hogs for the past
seven f1aVS-
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
S. B. SHOTVFLL { CO.
cRAlN-STocKS
National German American Bank Bldg

Total sales for the day, 1900 shares.
New York Bonds
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

When in doubt as to how your money
should be invested, read 1.-THE Globes
Paying Wants.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
Sheep

Receipts light A few Choice lambs and
year1ing ewes sold strong at 81 IS and 81
respectively. Two singles of common mix
ed stuff arrived and found a poor de-
mand. Representative sales:
X T
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
New York Butter

NEW YORK. July 23-Butter quiet:
unchanged; receipts, S,161.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

No; 3 corn, SIC; No. I corn. 51@5gc; No.
July oats, to arrive, 3Sc; September oats
to arrive, S1hc: rye, 71hc; barley. $40
50c; flax, cash, July and to arrive, $1.22K
flour market. Prices are off a little in line
with wheat. The outlook is for continual
ton of grinding through next week at
about the present rate. Shipments, as
400 bbls. First patents are quotabIe at
$5I10@5. 20; second patents, S56D5. 10; first
clears. 50 55@S. 05; second clears, 81. so.
Minneapolis Curb
Curb ON September wheat .S7A
Puts on September wheat. bid. ...... .S6ss
Calls on September wheat, bid. .SS
State Grain Inspection
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
PRODUCE AND FRUIT
Ruling Prices at Yesterdays Meeting Of
the st. Paul Commission Men

= ST. PAUL, July 23.-Trade in the open
market at today's meeting of the Produce
Exchange established the following prices
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24
HIDES. PELTs AND suNDRIEs
Green Sailed

Co: -
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-24

The announcement that the presidents
of the subsidiary companies of the steel
corporation had estimated the earnings for
the quarter would be over $40, 900, 600
caused heavy buying of steel stocks. The
list was apathetic, but showed a fair de-
recover from break at opening.
Smyrna times., 1904-05-25

-aA Sn :. sa
was a StcalIv.
being largesS
held in the i
evening. and
Smyrna times., 1904-05-25
Spring Suits

Our new Sack Suits are unlike
anything you ever saw for the price.
We are offering the strongest lines
of $3.50, $40 and SI2.5o Suits in
Wilmington. Dependable Suits
for men and young men who want
style and quality at an economical
figure. Quiet dignity in the con-
servative styles for older men.
We are showing everything in
the way of Boys and Children's
Suits, and can outfit the little fell
lows, too. We guarantee every
garment, knowing that they come
to us from the best makers only.
Others ask considerably more for
the same qualities than we ask.
Smyrna times., 1904-05-25

ton had been less fortunate than at
Chicago in 1900. They were then
near the platform, now we are away
back, almost under the gallery, where
it is difficult to hear any but stem
torian voice or one clear and distinct
in articulation.
Smyrna times., 1904-05-25

Our readers will notice this week
that the TIMES is more or less cut
up with different sizes of type and
little change from the ordinary.
This will be the case for several
weeks, from now until our issue of
July the 9th, on which occasion we
/willissue an illustrated number of
sixteen or more pages full of local
history and reminiscence, ,commem-
orative of the fiftieth anniversary
of THE SMYRNA TIMES. Besides
a number of contributed articles.
and other interesting matter, there
will be some thirty or more illus
trations of public buildings.
churches, street scenes, &c. The
issue will be printed on good book
paper and will be so arranged as to
commend itself to everybody inter
ested in Smyrna and its history
The circulation of the TIMES for
that issue will be doubled and local
Smyrna times., 1904-05-25
A Runaway Bicy Gle.

Terminated with an ugly cut on the
leg of J. B. Orner, Franklin Grove,
Ill. 1t developed a stubborn ulcer
unyielding to doctors and remedies
for four years. Then Bucklen's Ar
MICA Salve cured. It's Just as good
for Burns, Scalds, Skin Eruptions and
Piles. 25c at Benton N. Weldon's
Drug Store.
Smyrna times., 1904-05-25
ROBT. D. HOFFECKER,
Editor and Proprietor.
RoBT. D. HOFFECKER, JR.,
Associate Editor.

The coming Presidential cam
paign will be fought on two issues,
the tariff and Roosevelt. The Re-
publican party will gladly accept
the fight on both.
The tariff is the only large ques-
ton of principle or policy on which
the Democrats can make a stand q.
Here there is a vital and organic
difference between the two parties.
Here their antagonism is historic.
On the Democratic side the tariff
issue means a fight to overthrow
the protective principle. 1t means
a proposed return to the scheme of
the Wilson tariff without even the
saving provisions of the German
Senate amendments. On the Re-
publican side the tariff issue means
the maintenance of the cardinal
protective principle, with revision
of rates from time to time as wis
dom dictates and with reciprocal
trade arrangements, The fruits of
the Democratic policy were shown
from 1898 to 1896. The fruits of
the Republican policy were shown
1897 to 1904. The Republicans
welcome that issue.
There is no other essential issue
of principle. Any other will be
made and made issues cut no real