Indianapolis News, Indianapolis, Marion County, 3 July 1895 — Page 6
THE INDIANAPOLIS NEWS. WEDNESDAY, JULY 5. im>.
■wl
MARKETS ON WEDNESDAY.
mrinBAT. conx, oats and krovislOKM Ui THE WORLD'S MARKKT*.
QMtatloiu of ladiaaopolla omd Oklooro Lire Stock—‘Drokern* Notos •aA CoBuneots—Locol Jok> L blaff Price*.'
Wke&t started off very weak with trade
Story bearish.
Fine weather In the spring wheat country and weakness in corn and oils are the Influences. Provisions start higher feaoanae of a better hog market at the yards. There is no trade in the pit and apparently nothing being offered for sale. Later on the crowd sold out the wheat they bought on prospective hot winds In the Northwest yesterday. The principal sellers were Baldwin and F., J. A. Edwards, tnd Henry Parker. Clearances were rather Iberal—416,000 bushels ol! wheat. The piarket dosed rather tame. Corn was rather firm and closed strong with an advance %c over last night. Exports were largv-d25,000 bushels, with a better de-
hiand at present prices.
Oats were rather active and closed a •hade higher alter a weak opening.
Previskma dull, rather Arm.
Iron and Steel.
Chicago, July 3.—The Industrial World will to-morrow say: The upward course of prices of crude arid manufactured Iron and atoel has been further emphasized by an advance during the past week of 50 Northern pig iron and $1 per ton em and <2 per ton on Iron and . These advances are due, in to the enhanced cos': of raw ^ ore, coke and sc.ap—and to the scale of wages, as adjusted with I Amalgamated As>^cht,*'Demand material keeps up to t~« high level of few weeks, but the purchases
for smaller amounts.
^ .* Southern Iron. s * Baltimore Manufacturers’ Record.
7Vic; Economy. 6Hc; New South, «V4c; Rotunda, 5c; Riverside, 5^0; Tuxedo. 5 l %o; Otis, 6c; Amoskeag plaid chev iots. Ttyc; Amoskeag stripe cheviots, tftc; Edinburg, 7tic; Everett Cham-
brav stripes. Sc.
Brown Cbttona—Atlantic A, S6 Inches. 54»o; Atlantic H. 36 Inches, 6t«c; Atlantic P, 36 inches, Stic; Atlantic LL. 36 inches, 4 1 *c; American Mills, 36 Inches, ^'sc; Armory shlrt-
Atiantic LL. Mills. 36 Inch. Inches. 6c; • Ai
Comet. 36 inches. 6c;
C. *6
lie!
'an
intcs. 36 inches. 5c; • Archery. 36 Inches. 4c;
Constitution, 36 Inch.
Inches. 4‘yc; Boot FF.
5c; Boot
Inches, 6%c{ Boot XX, 36 Inches, 5c; Buck's
Badger LL, 36 Inches, 36 Inches, i'ie: Cri-
5 = BTUST saw SK | tefcWsSajfijg ISSSIANDSUYER
Wool.
Up * (f» *-»«»isva vzX,
and Rubber vi. Colorado Fuel V and'the aether shares a smaller fraction. At noon
The following prices are for wagon lots: -New England lost \ per cent., but the Medium, unwashed. 12c; fine merino, ufi- J general market was firm. Sales to noon washed. SfclOc: coarse or braid wool. Ktffljk: | 85,000 shares, including 68,100 listed and
tub-washed, coarse, tub. 164j tUc. choice, 19^23c.
es.
.36 1
Head, 36 inches, »%c;
4%c; Household Superior, __ terion, 36 Indies, 4^c; Ixmg Branch. 36 Inches, 4c; Sea Island, 36 Inches, 4Vic; Statue Liberty, 30 inches, 6c'; Pepperell, 8-4, 13c; Pepperell, 9-4, HWo; Pepperell, 10-4, 16c; Utica C, Stic;
Utica. 9-4, 17c; Utica, 10-4. 19c.
Prints—Allen fancy, 5c; American Indigo, 4V*c; American shirtings, 3%c; Merrimac shirtings, 4c; Arnold cloth, B, 7^ic; Arnold long cloth, C, 6 , /ic; Berwick fancy, 3»*c; Berlin solids. 8c; .Berlin three-fourths turkey-reds, 6c; Berlin three-fourths XXXX turkey-reds, 9c; Oocheco fancies, 5c; Coeheco madders, 414c; Portsmouth robes, 5iic; Harmony fancies, 39ic; Manchester fancies. Stjc; Pacific mousselines, 5c; Pacifier mournings, 5c- Simpson mournings. 6$ftc; Venus oil blue and green, 6c; Windsor
fanciM, 5c.
Brown Drill—Boot A. 30 Inches. Darlington, 30 inches, Stic: Crescent A, 7ric Dwight. 30 Inches, No. 250. 8c; " ‘ ‘ ‘
Inches, 7’vc.
16,900 unlisted. Money. ?
Money on call easy at lVi@2 per cent. Prime mercantile paper 2%<g;3 per cent.
Jobbing; Prleea In Flour.
Indianapolis Jobbing prices for flour: Low
grades. *2.5C#2.75 bbl; family, *3.00^3.50 bbl; . _ . straight grades, |[email protected] bbl; winter patents, \ Sterling exchange firm, but dull. With |i75<<j,..25 bbl; spring patents, $4.50#j.50 bbl. j ac t ua i business In bankers’ bills at 489Va
@483% for demand, and 488^@488% for sixty days. Posted rates 489@4$9 I i and 490^490Vj. Commercial bills 487%@488. Silver certificates 67@67%; no sales. Bar
silver G6%, Mexican dollars 53%.
Bonds.
Neb., May 13,:1891.) ‘T have aiV idea
PRESIDENT HARRISON’S UTTERANCES IN SPEECH AND MESSAGE.
THE LIVE STOCK MARKET.
14c;
A, T^jc;
Mohawk, 30
Baltimore Manufacturers itecoru. 11.5Q; raisins, Valencia, a **>. 6ft«p8<
Groceries.
Roasted Coffees—Packages: Banner, Lion, Arbuckle’s XXXX, Jersey and Blended Java. 21%c, bulk, in 50-lb bags; Capitol, 21%c; Pilot, 20Vic; Dakota, 19Vie; Brazil, 19c. To-day’s Indianapolis wholesale prices for sugar* aret Cut-loaf, 5.46c; XXXX powdered. 5.33c; cubes, 6.08c; standard powdered, 5.15c; granulated, 4.83c; confectioners' A, 4.71c; Ridgewood A, 4.58c; Phoenix A, 4.52c; Empire A, 4.52c; Ideal- extra, 4.39c; Windsor extra C, 4.34c; Ridgewood extra C, 4.27c; yellow C, 4.15c;
yellow 6s, 3.65c.
Nuts — Almonds. Tarragona. 15c: almonds, Ivica, 14c; Brazil nuts, new, ,8c; filberts, 10c; walnuts. Naples, 15c; walnuts. French, 14c; pecans, Western, 10® 12c; peanuts, Virginia, best, 8®9c; Virginia, good, 5@7c. .Spicea—Unground: Allspice, 10©15c: cassia, lO&ISc; mace, 90c©|1.00; nutmeg, 72®90c; cloves, 12® 15c; ginger, 20ff25c; pepper, 12® 15c. Canned Goods—Blackberries, 2-lb, I8c;
gn
oysters, 1-lb full weight, 80c; 1-lb light weight, 60c; 3-lb fufi weight, [email protected]; 2-lb light
•a, .^standard .35®!. 50; pie, l-lb» 81.25®1. beans, 79c; i i, Bahama,
weight, *1.30®!.30; peaches, -.standard,
[email protected]; aeconds, 3-lb, *l.35i(p.50; pie, 81.00® Lid; pineapples, standard, Z-llV *1.25®1.75: seconds, 3-lb h.OODLlO; string beans, 79c; salmon, 1-lb, *1.40®!.80; pineapples, Bahama, *2.50® 2.75; peas*, sifted, *1.50®1.75; early June, 92V4c ®*1.2S; marrow, 85c; soaked. 70®80c; tomatoes. 3-lb, 76®80c; com, sugar, 8500*1.37%; apple but-
ter, 2-lb, 95c a dozen; 8-lb, *2.00.
Dried Fruits—Apples, sun-dried, 7V4c; cur-
l Tur
Cuttle Steadier — Hours Active and Hitcher—Sheep and Lnmbs Quiet. Indianapolis Union Stock Yards, July 3. Cattle—Receipts 600 head. Shipments
400 head. There was a steadier market Government bonds firm. U. S. new 4a for good cattle, others were no better. t reg 123%, do coupon 123%, do 5s reg 116%, The trade was fairly active at the prices, do coupon 116%, do 4s reg 112, do coupon Good to choice shipping and ! 112%, do 2s reg 97, Pacific 6s of '95, M0. export Steers *4 75@ 5 25 ; Quotations On Stocks. Medium to good shipping j Reported by Jam^s E. Berry, Room 16 Indianasteers 4 25@ 4 6;» , polls] Board of Trade. Common to fair steers 3 00@ 4 00 ; Open- High- Low- Clos-
Good to choice feeding steers.. 3 25@ 3 50 | NAME. j _ . ing. Fair to medium feeding steers 2 50@ 3 00 ; Am. Cotton Oil Common to good stockcrs 2 00@ 3 00 > Chicago Gas Butchers’ cattle we Quote: | Am. Sugar Re Good to choice heifers 8 75@ 4 50 National Lead Fair to medium heifers 3 00@ 3 50 I Atchison
Common light heifers 2 25@ 2 { ,75 | C., B. & Q..... 84% 84 7 ,k 84 Good to choice cows 3 00@ 3 50 i Northwestern, com 98V* 98% 97% Fair to medium cows 2 25@ 2 73 Rock Island 71 71% TO% Common old cows 1 00# 2 00 St. Paul, com 67% 68 67% Veal calves 3 00# 4 50 Missouri Pacific 31% 31% 31% Heavy calves 1 00# 2 50 ' Western Union .... 91% 91% &1%
'Prime to fancy export bulls... 3 Good to choice butcher bulls... 2 Common to fair bulls 2 Good to choice cows and calves 2> Common to medium cows and
calves 15 00#22 50
3 25 Jersey Central 101% 2 75 Ches. & Ohio 22% 2 25 Louis. & Nash 57% 00 Erie 10% i Lake Shore 150
N. Y. & N. e!49% Manhattan 113%
101%
22% 58% 10%
150
61
113%
Hogs—Receipts 4,500 head. Shipments Manhattan .113% 113% 3,000 head. The hog market was more North. Pacific, pfd. 17% 17%
r
worthy of comment Is that in the South, where there are a number of idle stacks, built, during the “bobm,*' there has been unlfonri caution displayed In starting any of these. The (®wnet4i are figuring close, hut atlll they are figuring, and when the price reaches a point where they see a safe margin of profit they will start, but pot before. At the beginning of the rise it was freely 'predicted by .some Irontrade Journals that the rise would result In the Immediate resumption of nearly, if not all, the Southern plants, ahd as a result the market would be flooded with iron and the price again seek Its former low level. This has not been the case. The first furnaces to go in were those belonging to large companies which were sold far ahead; then followed others In which the cost of production was well
within selling prtces.
Another important feature of the iron market to which we have referred frequently is the active steps being taken In the construction of steel plantj; It is too early Just y*t to venture any predictions as to the immediate result of such movement. It Is understood that three projects ariMfelng considered in Birmingham, two irhlch are under Way. The'plant at llesborough may soon be expected to ue a producer, and there is a poxaithat the strong colhpany which has taken held of the Sheffield plant may conclude. t<M use all or a part of its iron for similar purposes. None of these are "boom’' or ipecuiative mdvements. What Will be'the ffttire of thfi. Southern iron y are accomplished facts? imer Iron sold for *9.30 in fillets sold at *14.60. If the make , Iron for *6.50, as has been and Is being done, even though the somewhat more expensive basic process is used, would there not be a margin of $4 or *6 In favor pf Southern steel, even when compared with Pittsburg prices of three months ago! And when compare! with prices to-day the mar*#n would\reaeh 16 or *7. With) such a difference it is not surprising that .these proposed steel plants are rapidly assuming the shape at realization. and that those already built are Mriously planning active operation.
1%
ft P
! ; v
Manipulating Su*ar Mock. Boston Commercial Bulletin. The sugar people are slick, but we do * not exaggerate In saying that fewer peo- - pi* are being fooled by tbpse lugubrious reports than at a former period In its history. The sugar refining industry In ’ this country is in a flourishing state, and ■we maintain, in the face of aH the reports circulated by the sugar pool, that the German refiner can not begin to compete with the American Sugar Refining
Company.
The drive at sugar was JtuuM to shake out weak holders and because, very probably, the pool had too much company. Until after October the earnings of the trust will be very large. It costs less ir than %o a pound to refine, and the difference between the raw and refined Is now a trifle over a cent. This tells the tale of the sugar company’s earnings. Very .Hkely, from this out, the manipulation of sugar will be for higher prices, and along in September the trust will have something to spring on the market .in the shape of an. extra dividend, or something which will induce buyers. We have not changed our opinion In the least ’ that sugar will sell above 130 before the 16th day of September, but no man should speculate In sugar who'can not take care of his stock if it should be necessary.
A Valuable Waterway.
The report of Lieutenant Fletcher, commanding the torpedo boat Cushing, which recently went through, the Inland waterway from Newport, R. I., to Jacksonville, Fla., shows how valuable Is this watercourse for naval aA well as commercial purposes. The uushlng’s run from Norfolk to Jacksonville, Fla., was made entirely through the inland waterway, -excepting 200 miles between Cape Lookout and Charleston, where it was necessary to run outside. Lieutenant Fletcher contends that It would be prac- , Ucally Impossible to hold a fleet of torpedo boats In a port on the Southern coast withouTa blockading force equal to that of the largest of navies, while a little dredging would greatly reduce the v length of the route, which. In many caaes, would thus be made available for deeper-
draught vessels.
in poll* Flour Mills.
Northwestom Miller.
Business in Indianapolis shows but little improvement. Foreign buyers have been showing some strength, but the' slump in the market will stop them for ths present. In fact. Just now, there is little. If any, prospect for new business, until about July III. Not much wheat is moving, and there is but little demand for flour. The output of our mills last week wes but *,991 barrels. The ptock of wheat was rediK'ed 32.829. bushels, leaving in Store 35,829 bushelT * CITJP WHOLESALE QUOTATIONS.
Dry Gobds.
Bleached Cottons-Androecvargln L. 36 inches. f%c: Biackstone. 26 incites,6Uc; Cabot.36 inches, 6c; Dwlsht Anchor. «-inches, 7% C ; Clover, 36 inches. *c; Dwight Anchor. 42 Inches. ‘kH Dwight Anchor, 5-4. 10#; Diamond Field, 3G Inches; Eiletion. 36 Inches. 6o; Farwell, N inches, 6%c; Farwell. 42 inches. 8c; Farweli. 44 Inches. 9c: Fruit, 98 inches. 7c; First Cnil. 36 Inches, 6%c; Glendale XX. 36 J#** k 3® ‘nrhes. 5%c; HIU. 36 inches. 6%o; Lonsdale, 36 inches, 7%c; MasonVlUa *1 Tncbee. 7%c; New York Mills. 36
onsdale Cambric, No. 2, 8%d;
kdlAstt
ches, 4%c; Har ches. 6%o; Lor
laches, 16c; 0*1 _
«sa Island. Ne. *, .te; .kea.Island. No. 3. 36
Island.
... M J Hi Sea Island, Imperial, *%©; Lancaster, 6c; dress styles, *4#c; Manchester stsFark HIU sephyr. W%c; ToU du
; Warwick. 6c.
Uca. 9-4, l»c; Utica, 10-4, 21c. na — Amoskeag, 6c; Bates, “
classics, Scrjahnsoa’;
KdwaTda, 3%c; Slater. Concords, *%c; Warren.
EnglSh’
AA.
Argus,
. 10%c; Cordis. 12c; Conestoga FF. »%c; Lenox hsnc>', bookfold, i:%e; Oak2* Inches, 10%c; Lewra bookfold. 11 %c; IX 6c. 7 ounces. 30 tnehee. s. i3%c, savage, 8
4%@8c.
Orleans Molas40® 42c. Sirups ■Medium, 24@25c; choice, 35@45c-; sorghum, 30c; corn sirup, %bls, gal., half bbls, 24%c gal. Vinegar—Malt, 40-grain test, 9® 10c a gallon. Beans — Hand-picked pease. *2.2562.30. Rice—Carolina. 6©«%c; Japan. 5*4®6c. Lake Sait—In car-loads, 88e; in small Idts, 95c. Starch —Peart, 3%@4c; champion gloss, 1 and 3-lb packages, 6®6V4c; corn, Mb package. 6®6tio. Candy—Stick, 6%c lb; common mixed, «%c. New Pickles—2,400 In barrels, *4.60; 1.200 in barrels. *3.50; 1.200 In barrels. *2.75; 600 In halfbarrels, *2.25. Oatmeal—Barrels, *4.75. Rolled Oats—Barrels, *3.75. Provisions. Tha follos/lng is Klngan & Co.’s price list: Sugar-cured Ham?—“Reliable.’* 18 to 20 lbs average, He; 12% to 15 lbs. ll@U%c for “Reliable'’; 10%®10%o for “Indiana’’ block hams; liter for “Reliable.” Breakfast Bacon—Clear, English-cured "Reliable,” 12c; Morgan & Gray, He; “Peerless,” He; "Porter,” 8 to 9 lbs, none; 10 to 12 lbs, 9%q; 6 lbs, 9%c. Bacon—Clear sides, about 60 lbs average, 7%c; clear sides, 30 to 40 lbs average, Sc; clear sides, 20 to 30 lbs average, 8c; dear bellies, 18 to 23 lbs average, 8c; clear bellies, i4 to 16 lbs average, 8%c; clear bellies, 10 to 12 lbs average. 8%e; clear backs, 20 to 30 lbs average, 7%c; clear backs. 12 lbs average, 7 T 4c; clear backs,. 8 lbs average, 7%c; French backs, 7%c; flitches. 8 to 10 lbs average, 7%o. / Shoulders—"Reliable," 16 lbs average, 8c; 12 lbs average, 8%c; Morgan & Gray,’16 lbs average, 7%c: “Indiana," 12 iba average, 7%c. Lard—“Indiana." 7%c; “Reliable,” 7%c; ket-Ue-rend*red, 8%c. , Pickled Pork—Bean, clear, *14.50; family,/ *14.00; clear backs. *13.60; nitop, *12.50; “Porter,” US.OO; "Hughes,” *11.00. Fresh Pork Loins—Short cat, 14 to 20 lbs, 7%c; short cuts. 10 to 13 lbs. Sc; short cut, 6 to 9 ibs, 8%c. V Cottage hams, -7c. Skinned shoulders. 6c. Ham butts or pork roasts, 6%c. Tenderloins, Ho. Sparerlbs, 5c. Trimming a 3%c. Hooks, 3c. SrnaH bones, 8c. Shoulito| * bones, 2c. •Tail V-krt pi p Ci * Dried Beef Hams—Regular -sets, H%c; outsides. 9c; insides, 13c; knucklt*. 13c. The Moore Packing Company’s prices are: Hams—20 ibs average and over. I6%c; 15 lbs average, 10%c: 10 lbs average, ll%e; skinned,
U%o. . Break f
lbs average. 7%c; 10, lbs average
[fast Bacon—Firsts, ll»4c; Empire, 11c. Shoulders—16 lbs average, 7%c; 11 lbs avera *mde? -46 lbs average. 7%c; 25 Ibs average,
8C« > V, , ' ^
Bellies—18 to 20 lbs average, 8e; 14 to 16 lbs
averigf, 8%r
Batiki—10
7%e.
Kettle Lard—8c; Empire, 7%c. Freeh Loins—8%c; sausage, 5%c. Coffin, Fletcher A Co.’s prices are:
Smoked Meats—8. C. Hama—10 to 12 lbs average, ll%e; 15 fibs average. He: 18 lbs averagr. He; 20 lbs average and over, 11c; skinned
hams, 1144c; boneless hams, 9%c. Hoosler Jireakfasttofecon-JO^c.
English Wire 1 Breakfast Bacon — Light or
medium, H%c. / V
English Cured Breakfast Bacon—Bellies, 12
lbs average, 9%c.
English Cure l Shoulders—12 lbs average, *c. Sugar Cured Shoulders—6%c. ’ .
Skinned Shoulders—7%c.
California Hams—12 lbs average, 7%c,
Fruits snd VewetHble*.
California Oranges—Seedlings, fancy, *3.00®
llcothe both say that thrashing will com- sold thro . mence in their sections by the middle of !L u PPJ? se< ? to have sold through brqt
the week. The mills at both points are offering 66c for new wheat, which is fully 5c more than shippers could pay to go
East,
Springfield, 111., says: Farmers from around this section report thrashing re-
turns turning out very poorly.
Baltimore: Millers htere are good buyers of cash wheat, and they find R hard to get. Very little new wheat offering; re-
ceipts insignificant.
St. Louis: Out of 10.000 sacks river wheat inspected here to-day 7,000 in-
spected No. 2 red. / , By L. W. Louis’s wire: , '
St. Louis: Wheat July 69%c, September
70^c; corn September 43%@43%.
3.25; St. Michael’s, *3.60; M<o blood. *3.50.
Lemons—Choice to fi
fancy. *7.00
*5.50®6.50; *[email protected];
Bananas—Single bunches, No. L
No. 2, "75c.
Apples—N«w, quarter-bushel boxes, 30®40c. Wax Beans—Bushel box, *1.25. Green Beans—Bushel, box, *[email protected]. Green Pease—Bushel box, *1.2j. Onions—Bermuda, a crate, tl.75®2.00. Cabbage—Small crates *1.00®1.25, large, *1.60®
1.75.
Pea Beans—*2.25 a bushel. Cucumbers—25c a dozen. Pineapples—*1.25®2.00. New Potatoes—*2.60 a barrel. Apricots—*1.00®1.50, 20-pound case. California Cherries—*1.50®1.75 for 10-pound
case.
Tomatoes—Mississippi, four-basket crates, 75c; Tennessee, peck boxes, 30®40c; third#, 60c. Watermelons—-*20®25 per 100. > Blackberries—*2.50 24-quart case. Raspberries—*2.25®2.60 for 24 quarts. Gooseberries—*[email protected] for two-bushel stand.
Currants—*7.00®8.0i).
Wild Plums—*1.00 for case of 24 quarts. Cantsloupes—*1.25®1.50 for third-barrel crates. Leading; Drag;* and Oils. Carbolic acid, 22®26c, Alum, 3©4c. Asafettda, 83®40c. Borax, 10c. Bromide of potash, 46®4Sc. Camphor, 50®52c. Chloroform, 60®65o. Opium, gum. *1.80®2.00 a lb; powdered. ^.#0® 3.20 a lb. Subnitrate of bismuth, *1.25 a ’b. Clnchonidla, 12©16c. Iodide of potash, *2.90® 3.00. Quinine. P. & W.’s, 35©40c an ounce; German, 32©37c. Morphine, *1.75®il0. Co-
caine, *[email protected]. ,
Bicarp soda, 5©6c. Epsom salts, peter, 8®10c. Resin, a barred of 200
Castor oil,, 96c®*100. Lard oil, ex.. No. I,
mer, 65c;
Salt-
4©Sc. Si
9 tbs, *2.50®
winter stear
No. 1, 53c.
1, u
— —. Neatsfoot oil, 63c. Fish oil, 49c. Linseed oil. raw, 60c; boiled 62c. Turpentine, 35©40c. White lead, 6%c.. Alcohol, *2-5o®2.60. Oil of bergamot, *3.00 a
lb. Oil of lemon, *1.75©2.00.
Dressed Meats.
6®6%c; medium steers, 6%®7c; light steers. 5%06o; hindquarters, 'fancy steers, 10%e; fancy
i> .5" • r
heifers. 10c; fancy heavy native cows, 8%®9%c; medium steers, 8®9c; light steers. Sc: fore-
-—*— -teei
uarters, extra top
ers, 6%c; fancy heifers.
6c: fancy heavy cows, 4%®5c; medium steers.
4®4%c; fight steers, 3%®4c.
Veal—7%®8%c. ‘
n—7®7%c;
b; spring lambs, 6®9c; fail
Mutton—’ lambs, 8c.
Butter, Eggs and Ponltry. Shippers’ buying prices: . Butter—Fresh country, 8®10c; poor 4©6c. Eggs—Fresh, a dozen. 9c. Uve Poultry—Hens, 7c; spring chickens, large, 1%©2 lbs. 15c lb; lighter 10®12%c; cocks. 3%c; turkey hens. 6®7c; heavy toms, 4®5c; ducks, 6c; full-feathered, $4.30 a dozen.
Seed*.
Clovet—Buying prices: Red, *5.00®5.26; English, fS.0QO6.I5. Selling prices: At about 50c
advance: Alsyke, *6.00.
Timothy—Selling prices: S2.66©S.80. Blue Grass—Fancy, *1.45®1.50; ei
90c©M.10; red top, SOcQU.OO.
* “ U6602JL
extra dean.
orchard Grass—*2.tl
Alfalfa—*4.76.
Crimson Clover—Selling price: I4.K. Iron and St»«l. * 'Merchant Bar-*1.60®1.90. Cast Steel—9®Uc; machinery steel 2%c; horse-shoe a. *3.40® 3.60; wire nails, *1.75©1.85. with usual advance on other sizes; steel-cut nslla 60s, *1.40, with usual advanc* on other
si ass.
Hides and Tall aw. The following are shippers’ buying prlcee: N#. 1 green and salted hid.'*. s%c; No- > green salted hides. 7%c; green hide*. No. 1. #c; No. 2. 6c; No. 1 green calf, 11c: No. 3 green calf, «%c; No| 1 tallow. 4erNo. 3 tallow. 3%c.
Leather. ‘
Oak sole. 30®SV: hemlock sole, harness. 34®40c; skirting. 40®42e per
bridle, a dozen, *70®73; city kip, 60®80c; French kip, 75c#*1.05; city calf skin. 86c®*!. 10; French
ca^ekln. *i.oo®i.90.
24®29c tr lb;
lb;
fair
Tinaera' Sapplle*. Best brand charcoal tin, 1G. ittxH. 14x20, Hx
active and higher for light hogs and steady to strong for medium to heavy.
All sold and the close was steady. Good to choice medium and heavy $4 90@5 05
Mixed and heavy packing 4 80®4 90 Good to choice lightweights...... 4 85@4 95 Common lightweights 4 75@4 85 Pigs 3 25’54 85 Roughs 3 5Q<&:4 50
Sheep—Receipts 600 head. Shipments
500 head. The sheep and lamb market waa steady for good kinds and slow for others. Good to choice lambs $4 25@4 75 Common to medium lambs 3 25@4 00
Prime export sheep and yearlings 3 00@3 25
Good to choice sheep 2 50®2 75
10%,
150
49
IIS',
.1 CVIUV, , I /B „ 17% Hocking Valley .... 25 25 25
•D„ L. & W 161% 161% 161% Reading 18% Wi 1»%
Edison Gen. Elec... 36 36% 36
D. & C. F. Co 20% 21% 20% Pacific Mail 29% 29% 29% Tennessee Coal 39% 39% 38% Del. & Hudson 130% 103% 130%
ing. 28%
61
low* 34%
9%
84% 98% 71% 67% 31% 91% 101% 22% 68% 10%
150
a a % 17%
25
161% 18% 86% 20% 29% 39% 130%
Where the Party Stand*—Its Position From 1888 to 18D4—For the Use of Silver, Against Debasing the Currency and Urging Action.
•Ex-Div. 1% per cent.
Chicago Live Stock Market.
Chicago, July 3.—Hogs—Receipts to-day 22,000 head, official receipts yesterday 16,810 head, shipments 8,295 head, left over 3,500 head; market active and 5c higher. Light *[email protected], mixed [email protected], heavy
*4.70#5.20, rough *4.7064.85.
Cattle — Receipts 8,500 head; market
steady.
Sheep—Receipts 11,000 head; market
slow.
Grain Gossip.
By W. B. Overman’s wire:
Nashville, Tenn., says: New wheat is now moving rather freely in our section. We are buying it in Nashville_gV about the St. Louis price, which/ or cot
would prevent our buying^it
of course, from St.
Specnlatlve Stock Gossip. By L. W. Louis’s private wire:
New York, July 3.—Earnings of St. Pauli for fourth week in June decreased *39,000, month’s decrease *120,000, January 1 to
date, decreased *1,168,000. .
The active bears, flushed with their success in the industrial list last week, made renewed efforts yesterday afternoon to demoralize the general market in hope of enjoying Independence Day with unalloyed pleasure for the boldest of the traders uridoubtedly good profits now stand to their credit on paper, but their experience In the morning market in the conversion of this book wealth Into cash was accomplished with such difficulty that It was clear that a fresh effort must be made to shake out weak holders. The traders whose names are in the mouths of everyone, were conspicuous in the vigorous selling operations, which caused the grangers to close 1 per cent, and over below last night’s figures and In most of the industrials wiped out the
previous sharp gains of the day.
There is a' general expectancy In the street that further aggreslve raids will be
Louis. Local wheat we buy at 68c, which ; ™ ade on P rlo *» but conservative is less than price of cash wheat at St. houses were little disturbed , by yester-
Louis. We believe we will market more wheat than last year. The quality is good, with the exception we are having some complaint of smut In West Tennes-
see.
St. Louis wire: Haarstlck, of barge line, says all boats that have been laid up all winter have gone into commission again, indicating a good movement of new wheat next week' if the weather continues good. •Columbus, O.: No wheat has yet been sold or moved along the line of the N. & W. road to Norfolk. Circleville and Chil-
7heit Jul 74%675c,
July 73%c, August December 77%e; oats September
ew York: Wh 74%c, September corn September
27%c. •
New York: Clears 129,000 Bushels
wheat, and 15,000 Hour.
The fact that Toledo Is buying wheat In
Chicago is significant.
houses were little disturbed
day’s fluctuations, and as a rule "their afternoon market letters advised buying on
any further breaks.
London houses, ever since last week’s fortnightly settlement, have been disposed to the long side, and it Is considered possible that the recent action of the New York speculation may temporarily check
this Inclination.
Mr. Bell was estimated to have sold all the way from 10,000 to 20,000 shar'es of the grangers. He sold a good many personally, perhaps 5,000 Northwestern and several thousand Rock Island. He was
o have sold through brokers in
St Paul. It was rumored that he was going aw%y for a few weeks and wished to reduce his line. Mr. Weil sold about
10,000 grangers. , V :
It is certain that the grangers have had a very large advance and are still comparatively near the top. A. M. T. was bought by friends of the CcJpn account of purchase of the cigarette business of Canada. This development was known, it Is said, when the stock was broken on Friday and enabled Insiders to get some*
cheap stock.
London. July 3.—Market ooened very weak, now steady. C. O. %, St. Paul %, L. & N. %, Erie %. C. P. % higher." New York Central %, Union Pacific % lower. Northern Pacific, preferred, Readlpg and Atchison unchanged.
Primary Markets.
Primary market receipts of wheat were: 184,000 bushels, against holiday the
corresponding day of last year.
Minneapolis received 98 cars of wheat* Weather forecast: Fair and warmer In ’ and Duluth 65 cars, a - total of 168 cars,
-i i — -*Kt a— T-v* i a. ■xxr • i _ aoroincf n a xr t n
Michigan,Minnesota, Dakotas, Wisconsin, Colorado. Indiana, Illinois, and Ohio. Showers in Kansas and Missouri. Mon-
tana fair.
London: Cargoes off Coast—Wieat dull; corn quiet and dull. On Passage—Buyers hesitate to operate. Liverpool—Wheat spot quiet; futures %d higher; corn
steady.
Washington: The. telegraphic crop advices to the Agricultural Department agree that the week has been generally •favorable, although too cool in the States of the Northwest, with too much rain over portions of the Gulf States and northern Texas. The excellent promisa of corn and the shortage 6f hay in many States are conspicuous features of the re-
port.
Chicago: Stocks of grain in private elevators in Chicago 2,397,000 bushels, corn 220,000 bushels, oats 917,000 bushels. Stocks wheat in country elevators In the Northwest estimated at 2,216,000 bushels, a decrease for the week of 665,000 bushels. Stock last year was 2,234,000 bushels. Indianapolis Graia^ Market. Wheat—Steady; No. 2 ,r,ed 72c, new No. 3 red 70c bid, No. 3 red 70c. Corn—Dull; No. 1 white 46%c, No. 2 white 46%c, NO. 3 white 46%c, No. 2 white mixed 45%c, No. 3 white mixed 46%e, No. 2
30%c, 3 mis
29c, No. 2 mixed 28c, No. 3 mixed 26%c. Hay—No. 1 timothy *14.00614.50, No. 2 *[email protected], No. 1 prairie *9.00610.00. Bran—Market quiet; demand light at
*12.50613.00.
Inspections—Whea^ 3 cars, com 15 cars,
oats 1 car.
Grain and Provisions at Chicago. Reported by Jame# E. Berry, Room 16 Indianapolis Board of Trade.
Articles. Wheat— July .... Sept ....
Corn-
Open- High- Low-
ing.
• 69% 69% ■ 71%-% 71%
est. —Closing.—
69
70% 44% 45%
July 44% 46% SJept 46-45% 46%
July
Sept .
July 12 20 12 27 13 17 Sept 12 45 12 45 12 32
LlMtf—
July ...... 6 52 6 52 6 62 Sept ...... 6 67 6 67 6 65
Ribs—
July . v ... 6 42 6 42 6 42 Sept 6 52- 6 57 6 52
Closing cash markets: Wheat 6S%-c, corn 45%-c, oats 24%c, pork $12.17, lard
6.52c, ribs 6.42c.
69%71%-
S:
14%
u*
662 6 65 6 42 6 55
70-
71% 44% 46% 23%
24-
12 17 12 32
6 47 6 62 6 30 6 47-
Barley, Rye, Flax and Timothy. Chicago, July A—Rye—Cash 50c, September 53c asked. Barley—No. 2 62c. FlaxCash, Northwest $1.31. August $1.21%®1.22. September *1.19%® 1.20, October *1.19@ 1.19%. Timothy-Cash *6.85, September *5.00.
Cincinnati Market. Cincinnati, July 3.—Flour — Steady. Wheat — Quiet; new July 70c. Corn — Strong, 50c. Oats — Firm, 28%c. Rye — Nominal. Provisions — Easier. Pork — *12.50. Lard — 6.35c. Bulk Meats—6.12%c. bacon 7.12%c. Whisky—Steady; sales 470 barrels; *1.24.
Mew York Provisions. New York, July A — Butter — Receipts 10,820 packages; steady; Western dairy 9i® 14c, Western creamery 12®18c, Elgin s 18c. Eggs—Receipts 6,195 packages; market steady; Western IB&lSc. "Sugar—Saw dull; refined firmer. Coffee—Quiet; No. 7 15%c. STOCKS, MONEY AND BONDS. A Flnctaattng and Uneven Market— The Quotations. New Ysn-k, July 3.—'ftfe stock market opened quiet, but hlgh<|b,®enerally. Sugar improved % and Colorado Fuel 1%. do, preferred, sold at 85. against 70, the last preceding scale made on May 17. An attempt to take profits in Sugar led to a loss of %. and Chicago Gas fell %; New England lost %. Speculation was almost suttionary, with the entire list a shade lower at 11 o'clock. Stocks continued to display a downward tendency. After 11 o'clock Chicago Gas receded 1%, Sugar 1%. Tobacco 1% and Colorado Fuel 1 per SMhnt #«sam tfekA a# * ..
against holiday the corresponding day last
year.
Estimated receipts at Chicago Friday: Wheat 10 cars, corn 150 cars, oats 200 cars, hogs 23.000 head, Omaha received 3,500 hogs and Kansas City 4,000 hogs. ■ . Exports of wheat and flour were equivalent to 416,000 bushels of wheat. Clearings In Various Cities. Clearings at the larger cities yesterday and a week ago were:
July 2.
New York *194,637,039
June 25.
$104,862,893
18,124,561 13,978,000 15,098,145 3,435,950 2,238,669 1,455,293
Boston 27,672,060 Chicago 23,847,000 Philadelphia 20,635,324 St. Louis 4,565,116 Baltimore 4,292,684
New Orleans........ 1,931,354, New York exchange sold yesterday as follows: Chicago, 40c premium; St. Louis,
60c premium//
Indianapolis Clearings.
July 3. June 26.
Clearings $601,540 $497,542 Balances 178,755 20,436
The Evasion qf Germ Diseases. Harper’s Weekly. It has long been known that Impure water is a source of infection with the germs of disease, and that milk may have similar evil potency. Cheese, in virtue of the alleged deadly tyrotoxlcon that It sometimes develops, is , in the same category, and recently it is said to convey the germs of diphtheria. Butter, presumably the. most wholesome of fats, has been tested and found wanting, because a large proportion of the samples tested contained the bacilla of tuberculosis. Beef and porM are likely to contain the germs of tapeworms and trichinae respectively, beside harborlftg no end of bacteria If not absolutely fresh, and an assortment of deadly ptomaines when canned. Nearly all the manufacturecVfoods antM
jSP poisonous ter has been fever germ a. *overtbraw of ^ has aasalled that Thread,
of
terla, , which produ.-
eatable debris/or more chemicals. LaiUerly the accused of conveying typ! And now, to complete t tottering confidence/s^cien the staff of life, as after undergoing the or cooking, contains living may as well a? not be of
i n g species.
Of course this picture of * disease lurking everywhere In search Of victims has another side. Water may be boiled and milk sterilized, v lt h the result of killing any germs they contain. Thorough cooking will effectually destroy the eggs of parasitic organisms, if present. ’Properly canned meats do not contain ptomaines, and there are such things—though unquestionably they are anomalous—as pure manufactured foods. Moreover, the very' authorities who show us that bread as ordinarily cooked contains bacteria, demonstrate that proper cooking will kill these bacteria. As yet no one has suggested a way in which the possible poisons of cheese and the germs in butter may be effectually got rid of. But. after all, these are only two out of a long list of eatables, and these might be omitted
Philadelphia Presa The following extracts from messages, speeches and letters of President Karrison, relative to the silver quegtion, will be read with interest, defining as they do the position of the Rejrutilican party on the subje^; - From his message to Congress Decem-
ber 3. l|J85k‘
“I think it is cleat} ^lat if we should make the coinage of slWer at the present ratio free, we mi^st expect that the difference in th^ bullion values of the gold and silver dollars will be taken account df In commercial transactions, and I fear the same result would follow any considerable increase of the present rate of coinage. Such a result would be dis- | creditable to our financial management j and disastrous to all business interests. | We should not tread the dangerous edge j of such a peril. And, indeed, nothing j more harmful could happen to the silver | Interests. Any safe legislation upon this subject must .secure the equality of the two coins in their commercial uses. “I have always been an advocate, of the use of silver in our currehcy. We are large producers of tha| metal, and should not discredit it. To the plan which will ba presented by the Seciietary of the Treasury for the issuancel of notes or certificates upon the deposit of silver bullion at Its market valuei I have been able to give tonly a hasty] examination, owing to the press of other matters and to the fact that it has been so recently formulated. I’he details of such a law require careful consideration, but the general plan suggested by (him seems to satisfy the purpose—to continue the use of silver In connection with our currency, and at the same time td obviate the danger of which I have Spoken. - At a later day I may communicatje further with
Congress upori this subject.]’
Message of 1890.
From his message to Congress Decem-
ber 1, 1890:
“Some months of further trial will be necessary to determine the permanent effect of the recent legislating upon silver values, but ft is gratifying to know that the Increased circulation sebured by the act has exerted and will continue to exert a most beneficial influence upon business and upon general values. W’hlle it has not been thought best to renew formally the suggestion of an International conference looking to an agreement touching the full use of silver for coinage at a uniform ratio, care has been .taken to observe closely any change in tlje situation abroad, and no favorable opportunity will be lost to promote a result which It Is confidently believed would confer verylarge benefits upon the commerce of the
recent monetary disturbances-
In England are ’not unlikely to suggest a re-examlnatlon of opinions upon this subject. Our very large supply of gold will, If not lost by impulsive legislation in the supposed interest of silver, give uS a position of advantage in promoting a permanent and safe international agreement for the free use of silver as a coin metal. “I am still of.the opinion that the free coinage of silver under existing conditions would disastrously affect our busiIness Interests at home and abroad. We ♦could not hope to maintain an equality in the purchasing power of the gold and silver dollar in our own markets, and in foreign trade the stamp gives no added value to the bullion contained in coins. The producers of the country, its farmers and laborers, have the highest interest that every dollar, paper or coin, issued by the Government shall be as good as any other. If there is one less valuable than another its sure and constant errand will be to pay them for their toil and for their crops. The moneylender will protect himself by stipulating for payment in gold, but the laborer has never been able to do that. To place business upon a silver basis would mean a sudden and severe contraction of the currency by the withdrawal of gold and gold notes, and such an unsettling of all Values as would produce a commercial panic. I can not believe that a people so strong and prosperous as ours will pro-
mote such a policy. ' »
“The producers of silver are entitled to just consideration, but they should not forget that the Government is now buying and putting out of the market what Is the equivalent of the entire product of our silver mines. This 1# more than they themselves thought of asking two years ago. I believe it is the earnest desire of a great majority of the people, as it is mine, that a full coin use shall be made of silver just as soon as the co-operation of other nations can be secured, and a ratio fixed that will give circulation equally to -gold and sliver. The business of the world requires the use of both metals, but I do not see any prospect of gain, but much of loss, by giving up the present system, in_ which a full use Is made of gold and a large use of silver, for one in which silver alone will circulate. Such an event would be At once fatal to the further progress of the silver’ movement. Bimetallism Is the desired end, and the true friends of silver will be careful not to overrun the goal and bring in silver mohometallism, with its necessary attendants, the loss of our gold to- Europe and the relief of the pressure there for a larger currency. I have endeavored, by the use of official and unofficial agencies, to keep a close observation of the state of public sentlm«it In Europe upon this question, and have not found it to be such as to justify me in proposing an International iconferenSe. There is, however, I am sure, a growing sentiment in Europe in .favor of a larger use of flilven, and I know of no more effectual way of promoting this sentiment than by accumulating ygold here. A scarcity of gold In the European reserves will be the most persuasive argument for the
use of silver.”
Message of 1802. Message to Congress, December 6,
1892:
“The public confidence In the purpose and ability of the-Government to maintain the parity of all our money issues, whether coin or paper, must remain unshaken. The demand for gold in Europe and the consequent calls upon us are in a considerable degree the result of the eU forts of some of the European govern
reason# not yft agreed upon, diminished | HIS FIRST PARACHI the demand for silver in China and India.” , * •
(Extract frtm his speech at Omaha, ] \ Point of View Different From That
of the Terrestrial Observer.
I’hilaxlelphia T.rra#.
TKb great balloon which was^to bear me on my first journey up Into the azure bights, and from which I was to make my maiden leap with a parachute, was tugging at Its moorings upon the broad lawn. I confess that It waa with some nervousness I took my seat in the little car beside Joseph Norcross, a skilled aeronaut, who had from dixzy bights made many a flight earthward through the air. With this same balloon he had during the past year safely made sixty-seven ascensions, and had each time successfully descended with the parachute. So why
ahofild I fear? f . /
Norcross smilingly welcomed me, and as he gave the order to cast loose the line 1 and the men on the ground released the greart aerial traveler, I felt myself afloat In a litle boat upon an ether sea. There was no sudden jolt or jar about it, so cleverly was the release effected. Puttin*
that every dollar we j
issue should be as good as any dollar wq Issue, for. my countrymen, whenever we ! have any depreciated money, paper or coin, the ty-si errand that dollar does is to pay some workingman for his daily toil. No >ne so much as the laboring man and/the farmer requires a full value dollar pf permanent value the year
arouncW"
Speech at Albaay. (Extract from a speech at Albany, N. Y- August 18, 1891.) . /'"I am one of those that believe that these men from your shops, these farmers remote from money centers, have the largest. Interest of all people in the world In having a dollar that is worth 100 cents every day in the year, and only such. If, by any chance, W* should fall into a condition where one dollar is not so good as another, I venture the assertion that the poorer dollar will do its first errand in paying some poor laborer for his work.
Therefore, In the conduct of our public my head over the side of the car, I-lookei; affairs, I feel pledged, for one. that all the below and was surprised, for. apparently
Putting looked
supposed, might with safety continue to indulge himself in a sufficiency of nourishment, Jkovlded he devoted most of his time to / insuring proper preparation of the nourishment. .. Credit,Far D. W. Howe. The Independent. Judge D. W. Howe deserves the thanks of the whole community, as well as the plundered victims of the Iron Hall, tor hi# unseliish and persistent tight to check future rapacity and grabbing of the funds of ths order. Judge, Howe's contest was one for cetr.mon decency, as well as common Justice, and was distinctly one In behalf of good morals and the fair namo of the State. He, above ail others, was the one entitled to a large allowance for hie services, but-he refused all but & modest compensation, thus setting a shining example of dtslnteresttsdness In the midst of the prevailing greed. Just Ahead. Chicago Tribune. The traveler shaded his eyes with his hand and looked anxiously about him. “Is there a man in the village," he asked, “who can shoe a horse?” “Yes, sir,” said a boy in the crowd, “but he’s busy mending a horseless carriage, and there’s six broken bicycle* ahead o’ you besides. You’d better go on to the Mtown, mister.”
€xi a awi *v’-tf,vvj, j.v/1 unt?, Limt. ait t.iix5 Influence of the Government should be on the side of giving the people only good money and just as much of that kind as
we can get.
(Extract from a speech at La Junta,
Colo., February 28, 1894:)
“Now I say to you to-day what I said when I was President, and what I have always believed—that a larger use of silver for money and free coinage of silver upon a basis to be agreed upon ^that would maintain its parity with gold was good for the whole world. I do not bellevo that we could run free coinage ourselves while the European governments were pursuing the policy they have been pursuing with silver. But my fellow-citizens, there are clear indications now in England and in Germany that they are feel-* ing the effects of a scarcity of gold and its prostrating effects upon the industries. • I believe that these two great countries | are nearer right to-day than they have been for the last twenty years. They ara all considering favorably the question of
TV caxxu TO 0.2) 1 XJX* l * J # we wet-' rot ascending, hut the great world, with all her glory of green and gold, was dropping from us away down into space. 1 looked In pleased amazement upon the wonderful panurama presented as the earth kept receding. Nor-
cross smiled.
Then I gazed upward at the great bird1’ke balloon soaring triubiphamly on. Again I looked down, and the houses and barns seemed to crouch closer to the ground and- the villages to cluster together. Streams and lakes at last looked like mere threads or biota of silver. Away In the north the range of mountains looked like an emerald wajl, while that dark blur on the earth below was the thriving and populous county seat. We were far from the world. Suddenly we were In a cold, drizzly rain, and the earth was shut from view, I Inquiringly looked
at Norcross.
Bnterfed the Clouds. “We hive entered the clouds,” was his smiling explanation, “and we are not
a larger and freer use of sliver as a I yet a mile high,
money mdtal, and bimetallism has gained j j n fl V e minutes we emerged into beauUstrength in England. T / 1 ^ t . en . e .^^ ' ful sunshine. Beneath us lay a heavy considering**thef bank of fog burnished by the aMent aftet*
that these countries ere noon sunlight, but the earth for a time
was not within sight. Suddenly through a rift in the clouds I caught a glimpse of it far below. So distant was It that only here and there could an object on Its sur-' face be discerned. Truly, we were getting well up in the world. The thought at once attracted my serious - attention to the balloon. Suppose It
* i
I do not think that these countries e.re coming to tha next silver conference as a coy maiden waiting for us to make tha advances, but wifi come with greater readiness than in recent years, and will agree with us upon a basis for a larger
•use of silver as money.” A FIGHT WITH A PIRATE.
should spring a leak' or collapse, what would be the fate of the daring sky travelers? Or, on the otfier han^. If the valve line failed to oparaU, would We go upward forever? The thought disturbed me not a little. The aeronaut surmised what was passing in my mind,
smiled genially, and said':
“I have made a thousand ascensions unharmed. From what hlght would you
like to leap?”
“Make it about l,000^feet,” I replied, de-
Lleut. Maynard Destroys the Force of the Notorious Blackbeard.
June St. Nicholas.
The pirate sloop loomed up larger and larger as she bore down upon them. The Lieutenant crouched down under the rail, looking at her. Suddenly, a little distance away, she came about, broadside on, and then drifted. She was close aboard. Something came flying through the a.r—another and another. They were
bottles. One of them broke with a crash ..Tu riJhf upon the deck. The others rolled over to - ’
ithe further rail. In each of them a quickmatch was smoking, i Almost instantly there was a flash and a terrible report, and the air was full of the whiz-and singing of broken particles of glass and iron. There was another report, and the whole air seemed full of gunpowder smoke.
There was a sudden jar.
‘‘They’re aboard of us!” said the mate;
and even as he spoke the Lieutenant , roared out “all hands to repel boarders!” j 7.^™ u ^*^ ok
As he called out the order, he himself J aeronaut, 4 ‘or you*ll lose your nerve, ran forward through the smoke.snatching I A glance downward when descending •one of h.s pistols out of his pocket and the W Rh the parachute might, I knew, turn cutlass out of its sheath. The men were ! m y hair white or bring on a stroke *t coming swarming ilp from below. There j paralysis, as R had done in the case of
was a sudden stunning report of a pistol, i BO me other men.
and then another and another almost j ‘Twenty-five hundred feet from here to
d,\exclaimed the smiling Nor-
Norcross responded, as he
scanned the aerometer and promptly pulled open the valve, preparatory’ to descending. - • Placing my hand out over the side of the car the rush of cold air against my downturned palm indicated that we were again swiftly journeying earthward. Boon we were enveloped In the fog of the cloudbank for a . minute or two, and then emerged with the distant earth In view. The glance at itifrom my perch there away up near trie clouds only increased
up!” exclaimed the
together. There was a groan and the fall j the groundA exclaimed of a heavy body. A figure came jumping i cross. “Get ready.”
over the rail and then two or three more 4 " *■ Jl 1 ax. ^ 4 In. # 1 rx*4 *1 n. HPVi A T ! All ♦‘art A TO y XI r II a 4n
directly following. The Lieutenant was m j th?^t^ the" ott eX? the midst of the gunpowder smoke. Sud- I wh ich was secured to the trapeze bar in denly Blackbeard was thefre. He had ; m y hand, which bar, in turn, was atstripped himself naked to the waist. : tached to the parachute that hung at the There were twohsllngs, each with a brace 1 tottora of the oar. It was now rapidly
of pistols, han^ng around his shoulders. 1 Almost with the blindness of instinct, the
Lieutenant thrust out his pistol, fir.ng as he did so. The pirate staggered back. He was down! No, he was up again! He had a pistol in each hand. Suddenly, the mouth of a pistol was point.ng straight at the Lieutenant’s 1 head. He ducked instinctively, striking upward with his cutlass as he did so. There was a stunning, deafening report almost in his ear, He struck again blindly with his cutlass. He saw the flash of a sword, and flung .up his guard almost instinctively, meeting the crash of the descending blade. Somebody shot from behind him; at the same moment he. saw someone strike the pirate. One of Maynard’s Own men tumbled headlong against him, and he fell with the man; but almost instantly he had scrambled to his feet again. As he did so he saw that the pirate sloop had drifted a little way from them. His hand was smarting as though struck with the lash of a whip. He looked around him; the pirate captain was nowhere to be seen —yes, there he was, lying by the rail! He raised himself upon his elbow, and ithe Lieutenant saw that he was trying to point a pistol at him; but his arm wavered and swayed, and the pistol nearly fell from his fingers. His elbow gave way, and he fell down upon his face. He tried to raise himself; he fell down again, then rolled over, then lay still. There was a loud splash of men jumping overboard, and then almoct Instantly the cry of “quarter! quarter!” The lieutenant ran to the edge of the vessel. The grappling irons of the pirate ship had parted, and it had drifted away. The tew pirates who had been left aboard of the schooner, had Jumped overboard or were holding up their hands. “Quarter!” they cried. “Don’t shoot! Quarter!” And
the fight was over.
A SQUALID NEIGHBORHOOD.
The Mulberry Bend Italian Colony In
New York.
Harper's Weekly.'
The most picturesque, squalid, dilapidated, thoroughly interesting and Hively New York colony Is tfyat of the Italians in that part of Mulberry street where It makes a slight bend out of its southerly course. This is such an extremely hopeless locality, from a sanitary standpoint, that the city long since decided to tear it all down and make a park of the site. .This purpose was long delayed for mysterious political reasons, but now that Tammany has been dethroned; it is at last being carried out. In tl&se old houses, which were never planned for tenements, it was almost impossible for the poor people to keep neat and clean. The rents were high ’ for the accommodation, generally from *7 a month for two or three small rooms up to $13; the water wa* usually carried up and the refuse carried down flight after flight oY dingy stairs. The average family in these undesirable quarters is five, and it Is added to indefinitely by boarders, sometimes in-
- . r creasing the number to ten within a space ments,to increase their gold reserves, and where privacy and wholesome moral sur-
these efforts should be met by appropriate
legislation on our part The conditions that have created this drain of the Treasury gold are in an Important degree political and not commercial. In view of the fact that a general revision of our revenue laws in the near future seems to be probable, it would be better that any changes should be a part of that revision rather
than of a temporary nature.
“During the last fiscal year tie Secretary purchased under the act of July 14, 1890, 54,355,748 ounces of silver, and issued In payment therefor $51,106,608 in Rotes. The total purchases since the passage of the act *ave been 120,479,981 ounces, and the aggregate of notes issued *116,783,590. The average price paid for silver during the year was 94 cents per ounce, the highest price being *1.02%, July 1, 1891, and the lowest 83 cents, March 21. *892. In view of tha fact that the monetary-conference is now sitting, and that no conclusion has yet been reached, 1 withhold any recommendation as to legislation upon this sub-* Extract from letter to Western States Commercial Congress, held April 14; 1891•T have always believed, and To now more thna ever b«eve, in bimetallism and favor the fullest use of silver m connection with our currency that is compatible with the maintenance of the parity of $he gold *pd silver dollars in their com-i mercial uses. Nothing, in my Judgment, would so much retard the restoration of the free use -of silver by the commercial nations of the world as legislation adopted by us that*-would result in placing this country upon a basis of silver monometallism. The legislation adopted by the first session of the Fifty-first Congress, I was assured by leading advocates of free coinage—representatives of the Oliver States—would promptly and permanently bring silver to $129 per ounce and keep It there. That anticipation has not been realized. Our larger use of silver has apparently, and for
roundings are impossible. The city pays its staff Of health inspectors to compel, as far as possible, the attention to the rules of health, but under such hopeless conditions it was impossible to effect any permanent good. The landlords have the law sfo greatly in their favor that the rents were promptly paid or the tenant promptly dispossessed. And these properties paid enormous Interest in some cases. , . (
A Big Per Cen*.
One Instance was brought to public notice where an eight-hundred-dollar tenement paid a yearly income of *600. There have been a few philanthropic people who have been satisfied with a Jegal Interest on their investment who have built model tenements with good results, but these are
great exceptions.
But to those environments the people have brought their inborn feeling for the
picturesque, and while there is very little that is beautiful in the luxurious sense of the word, there Is a richness of life and motion and human interest on the street that is certainly enjoyable, and the life has Us -compensations and social pleasures which would not be possible in
a less crowded district.
Stoops are filled by smoking and gesticulating groups of idle men, who have been all too numerous this last hard year or two. In summer comes the inevitable ice-cream man and his stand of sliced watermelon; while In the cold weather the portable pails of giowieg coals, or the bonfires which the barefooted hordes of wild children build in the middle of the street, furnish a warmth to the atmosphere which is their best substitute for the balmy southern air of Italy. There are many bankers along the street, whose business is that of loaning money and selling tickets back to Italy, both to those who, having become discouraged by hard times, are returning with all their possessions in a canvas bag, and those who, having amassed a competence, ore going
back to live in Idleness.
approaching the time when I should make the leap of my Jlfe, and, grasping the guy-ropes of the car, I stood upon the seat Ih readiness, while Norcross gave me
his final instructions. ‘y Leap of Hi* Life.
“Leap as far out into the air as possible and the tightening of the trapeze bar will release the parachute, Which will open its fifteen-foot spread In a second or two,” he said; "th6n , 'all you’ve got to do is to Icok up and hang on.” . * “Twelve hundred feet,” (shouted Norcross. I tightellld my gras|> on the trapeze bar, looked steadfastly upward and awaited the word to leap. It was the most trying time of my life, but I was de-
termine^.’to make the jump.
“Go!” suddenly exclaimed the aeronaut. Closing my eyes, 1 made a great leap out Into space, and could feel myself rapidly shooting downward. Then the- trapeze line tautened with a slight Jerk that indicated the release of the closed parachute, and I looked up Just In time to eaten a glimpse of Norcross’s smiling face peering over the side of the car far above me. (But the parachute did not open. The seconds passed into a minute, and then into three, four five minutes. Would the parachute never open? Must I be dashed to death on the ground 1,000 feet below? , Suddenly there came a sharp click from above, and my speed perceptibly slackened. Ah, the parachute had opened! My life was saved! With an intense feeling of satisfaction I felt myself deliberately descending, and, looking ajiout, though not directly beneath me, took in the scenic beauties of my journey on every hand. But there came over me a grave fear. Suppose, in my descent, I should strike the top of a church steeple, or one of the many chimneys with which that section of the country abounded. Common sense, however, came to my rescue. Norcroes, I felt convinced, knew his business, and had the balloon directly over a clear space when I made the leap, so where was the sense of such foolish fears and baseless
apprehensions.
Finally I mustered courage and looked directly below. The earth was approaching rapidly. The fences, trees, houses and barns became more and more clearly outlined, and roofs seemed to rise directly out of the ground. Horses, cattle and men rose rapidly from pigmy proportions to their normal size. I saw that I would land in a broad pasture field about half a mile from where we had ascended, and there was not a cnlmney, roof or tree within a hundred yards. There waa nothing to fear. I saw a crowd of men and boys hastening toward the field to welcome me. Then, a few seconds afterward, to my delight, my feet struck the ground, and the most thrilling Journey of my life was ended. Calmly I folded the parachute and then looked up for the balloon. I saw It gracefully sinking to the earth In an adjoining field, and a few minutes later had the satisfaction of receiving the hearty congratulations of the aeronaut, who told me, to my great surprise, that the parachute opened within three seconds after
I leaped.
Failure of Commaalstlc Societies. Kansas City Star. Prof. John R Commons, of the Indiana University, who has recently visited the Amana Society in Iowa* reports that this society is the only one that successfully survives out of thirty or forty communistic societies starred in the United States within the century. Professor Commons rather underestimates than exaggerates the number of failures. Much wealth and
Awarded Highest Honors—World’# Pair, DR; * CREAM BAKING mm MOST PERFECT MADE. A pure Grape Cream of Tartar Powder. Fiw from Ammonia, Alum or any ofher adu' 40 YEARS THE STANDARD.
certainly high brought to the
(and the most that
in any instance Is
nance of a village
terial progress yond this point munity working
for one, and one for all.” ment of men and n.:tii through the latmre of 1 working Jn his <mn interest. A
community, under builds a dull village
tion, while4nen, each Chicago from the ashes in a tow WH I'm KB’S BOYHOOD.
The Quaker Poet Ha4 Bat Scant
strwetloa la Yontk.
Matthews In July St. Nicholas, boyhood Whittier had scant for the district school _
tow weeks in winter. He bad — few books; there were scarcely tAlrty In the hjouse. The one book he read and read again until he had It by heart was fhe Bible, and the Bible waa the book which exerted the stronu crary influence upon him. But when was fourteen a teacher came who I him books Of travel and ooened a new »orM to him. I. w u “hl/SShw ™ brought to the Whlttlers one evening a volume of Burns and read aloud some of the poems, aftier explaining the Scottish dialect. Whittier begged to borrow the
book, which was almost the first — •
he had ever read. It watt this
Burns which set Whittier to
verses himself, serving both as the inspiration and the model of his earlier poetic efforts. The Scottish poet, with his homely pictures of a life as bare and as hardy as that of New England ihen,
lean poer what
first revealed to the American poet's poetry really was, and how It might be made out of the actual facts of his
life.
That book of Burns’s poems had h& even stronger influence on Whittier that the odd volume of the Spectator which fell into the hands of Franklin had on the American author whose boyhood is most like Whittier's. Franklin also was born in a humble and hard-working family, doing early his abate of the labor, and having but a meager education, although always longing for learning. It is true that Irving and Cooper and Bryant did not graduate from eocene, hut they could have done so, had they persevered; and Emerson and Longfellow and Hawthorne did get as much'of the higher education as was then possible in America, But neither Franklin nor Whittier ever had the chance; It was as much as they could do to pick up the Merest elements 1 of an education. Dead On His Own Testimony. If Puck. , * Jolto. but printing a fei- 1 f a r^ 8 t * eat * 1 notlc e is carrying a jok# toe Bagley—Didn’t you «ay you would 1 " e ,f aturd »y night that five you bor- . rowed, if you were alive? 5
4TH JULY.
oomlaardnJe Glens.
Special trains via L. J>, A W. railway leave
flee, 1*4 8. Illinois st., or telephone 1026. Smoked cturgeon. epnng chicken
If fM
* tand * 38 and 40 * e «t Mark* Ladlea’ Bicycle Leggings.
otohm * **-
. -Always In the Lead.
MARKET SX FISH Bulldm^' " land ‘ SS and 40 . K * at Meat Market
2Sc. 25c. 25c.
Pp r9 ?f t M 1 ? olden 1 S" 1 *®* Coffee. OEO.
pp . 31 N. Pennsylvania at.
/-Fourth July Lunch Specialties c b lcl ‘*n*- BOSTON KISH MAR* Kj ®T’ etands 39 and 40 Bast Market Building.
A* Up-To-Date'Die piny.
morning, See It. BOSTON FISH Building? 1 * Und " ** ttn<1 01 Mr,&t ***** An Interesting aVd Novel Display ■ , to ' 1TK>rrow morning. BOSTON KISH MARKET, stands 39 and 40 Meat Market ButM-
Frfih L POP
5 SAVINGS The Indiana Trast Com
the highest advantage point of view for the
offer*
inany
from every Investment With an ^
and care of savings,
surpassed command of the aveni of Investment, with facilities wf Its corporate exlstenep-»the Its organisation and Its on purpose—give. It can most
and bcnetleontly Ing anfroatfta.
It will give Its advice time on all such affairs, stantly ready, farther
the active
of trnsteeshlih
INDIANA TRUST COMPANY.
Temporary Office '23
i
ly place sums of
■ ay, mrtner,, to anaertg] manaffement of any foi
S. Meridian it.
CAPITAL, f1,000,000.
BARGAINS We put on sale July 4, ’9ft, Puritan 3 Bars for 10c. Eagle Coffee l&C per package. ^eo-. ^Leunvnvoi
110 and 112 Massachusetts Avs Phons, 760.
Tastes good as it goes down, does good - when it gets down. • HIRES’ Rootbeer makes the children rosy-cheeked, keeps the parents healthful, helps { the old folks carry their yesre, lightly. A 2$c. packs) the whole family | OHA8. 6. HIKES OO., PHILADELPHIA. Iheeeeeeseeeet
DUNLAVE^—Gant. Tuesday, July 4 Thachaer. C.U., of Oeosge H. Acton Lodge.
■