NEWS: JULY PAINE, MURPHY CO., Cos. Plant · 2019. 3. 22. · making intelligences. " July 36, 1897....
1
making intelligences. " July 36, 1897. Sun rises ®j®jj sun sets _•••• i 6^ Hifili water at Tybee stoß am, 5.27 pm. Hign water at Savannah 6:08 am, 627 pm. 12 m., 75th meridian time. —'—^j^nxtiirTiis7EinAvr Steamer W. S. Cook. Garnett, Augusta—- •W T. Gibson, Manager. Steamer Louisa, lladden, Aujusta-K. A. Ivey, Manager. MEMOH win. Baltimore, July 25.—Arrived, schooner Spar.an. Charleston. Xew Vorlt. July 23.—Arrived, schooner George R. Congdon, Bayles, Charleston. Brunswick, Ga., July 23.—Cleared, bark Maria (Br), Torres, Costellon. Sailed, steamer State of Texas, Risk, 2,-etv York: bark Gwendoline (Sp), Pedero, St. Sebastian. notice to mabrehs. Pilot charts and all hydrographic infor- mation will be furnished masters of ves- sels free of charge in United States hy- drographic office, in custom house. Cap- tains are requested to call at the office. Rcikirts of wrecks and derelicts received for transmission to the navy department. Dangerous Derelict.—Schooner Flora Morang, at New York from Macoris, re- ports July 12. latitude 30 06, longitude 72 43, passed a vessel floating bottom up, appar- ently about 160 feet long; about two-thirds of the keel from the stern post forward and part of the bottom could be seen above water. Apparently a long time in the water. Avery dangierous obstruction to navigation, as it was impossible to see the wreck at night and only a short dis- tance in the day time. Bottom was cop- per, painted. LIST OF VESSELS Ip, Cleared and Sailed for This Fort. STEAMSHIPS. Miguel M. rinillos (Sp), 2,198 tons, Men- gual, due Aug. 28, to id cotton for Barce- lona and Genoa. Oscar 11 (Nor). 1.999 tons, Hamburg, at Port Royal July 25. SHIPS. Thor (Nor). 1,054 tons, Andresen, Ham- burg; sld June 9. Scottish Minstrel (Br), 1,511 tons, Allen, Santos; sld July 3. Else (Ger), 1,375 tons, Springer, Bremen; sld July —. BARKS. Alfredo (Ital), 910 tons, Arpe, Trieste; at Philadelphia in distress. Lindores Abbey (Br), 832 tons, Clark, Al- goa bay; sld May 13. AVilhelm Anton (Nor), 992 tons, Olsen, Zaandam; sld May 26. Kmbla (Nor), 513 tons, Ellertsen, Rotter- dam; sld June 12. Olga (Ital), 754 tons, Maresca, Gloucester, Mass.; sld July 8. Craig Mullen (Br), 765 tons, , . Isle of Erin (Br), 889 tons, Malcomb, Ta- ble hay; sld July 6. Albert Shultz, 473 tons, Hubbard, New York; sld July 19. Bertrand (Nor), 544 tons, Thorsen, Port Natal; sld June 17. lnnoeenta (Ital), 769 tons, Chappari, Trieste; sld July 15. II VRKENTINE. Alfredo (Sp), 310 tons, Roig, Buenos Ayres; due Aug —. BRIG. Robert Dillon, 431 tons, Wyatt, at New York, July 21. SCHOONERS, Jennie Thomas, 576 tons, Young, Balti- more; sld July 15. Hilda, 505 tons. Rines, Baltimore; sld July 23. Marjory Brown. 1.150 tons, Osborne, at Philadelphia, July 21. Joel Cook, 381 tons, Fraser, Boston; sld July 15. Cnarmer, 673 tons, Johnson, Baltimore; sld July 22. Rebecca M. Walls, 561 tons, Little, at Philadelphia, July 21. Stephen (5. Loud, 402 tons, Pierson, Balti- more; sld July 11. Is and City, 106 tons, Harvey, at Balti- more. July 21. TANARUS., m is a. Ward, 765 tons, Steelman, Phil- adelphia; sld July 20. Harry ,\. Berwind, 911 tons, Wallace, Phil- adelphia; sld July 23. J 1 ■ A. Trailer, 393 tons, Albertsen, at Ne-v York. July 21. Ihi E Latham. 410 tons, Lewis, New York; sld July 20. Mniy I'.-t a. May, 510 tons, Jarvis, at Phil- adelphia, July 24. A uer. Reppard, -kb tons, English, Phila- delphia; sld July 9. Ali Lamson, 126 tons, Smith, at Balti- more. July 25. PAINE, MURPHY & CO., , brokers orders Executed Over Our Private Wires „ For COTTON,STOCKS.GRAIN & PROVISIONS For Cash or on Margins. Local Securities bought and sold. Telephone 530. Board of Trade Building, Jackson Buildtng, Savannah, Ga. Atlanta, Ga. reports from the spring wheat crop are less favorable, and if our total crop should not exceed an average yield, the outlook will be pretty squally for England and the other importing countries. The market is fermenting, and we seem to be on the eve of startling developments. Corn was dull and rather heavy all the week until Saturday, when a renewal of the erqp damage talk caused a strong market, resulting in an advance of about lc, September closing at 271j®27%c. Corn looks low when ive consider the crop has various vlcissi(*des still to encounter. Provisions advanced slightly, but with- out as yet showing revival of activity. Wm. T. Williams. Visible Supply of Cotton. The visible supply of cotton to July 23, as made up by cable and telegraph, is as follows. The Continental stocks, as well as those for Great Britain and the afloat, are this week’s returns, and consequent- ly all the European figures are brought down to Thursday evening. But to make the totals the complete figures for Juky 23, we add the item of exports from the United States, including in it the exports of Friday only; 1897. 1896. Stock at Liverpool, bales.. 774,000 693,000 Stock at London 6,000 9,000 Total Gt. Britain stock. 780,000 702,000 Stock at Hamburg 23,000 30,000 Stock at Bremen 127,000 155,000 Stock at Amsterdam 3,000 7,000 Stock at Rotterdam 200 200 Stock at Antwerp 11,000 11,000 Stock at Havre 150,000 197,000 Stock at Marseilles 6,000 6,000 Stock at Barcelona 80,000 73,000 Stock at Genoa 38,000 50,000 Stock at Trieste 19,000 *O,OOO Total continental stocks. 456,200 569,200 Total European stocks.. 1,236,200 1,271,200 India cotton afloat for Eu- rope 51,000 55,000 American cotton afloat for Europe 41,000 65,000 Egypt, Brazil, etc., afloat for Europe 17,000 7,000 Stock in United States ports 116,460 185,590 Stock In United States in- terior towns 31,769 82,980 United States exports to- day 2,171 4.163 Total visible supply ....1,495,600 1,670,933 Of the* above, totals of American and other descriptions are as follows; American— Liverpool stock, bales 653,000 547,0 X) Continental stocks 364,000 438,000 American afloat for Eu- rope 41,000 65,000 United States stock 116,460 185,590 United States interior stocks 31,769 82.980 United States exports to- day 2,171 4,163 Total American 1,208,400 1,322,733 Total East India, etc... 287,200 348,200 Total visible supply 1,495,600 1,670,933 The imports into continental ports the past week have been 26,000 bales. The above flgures indicate a decrease in the cotton in sight to-night of 175,333 bales, as compared with the same date of 1896, a falling off of 1.415.582 bales from the corresponding date of 1895 and a de- crease of 925,350 bales from 1894. India Cotton Movement From All Ports, —The receipts and shipments of cotton at Bombay have been as follows for the week and year, bringing the flgures down to July 22; Bombay Receipts and Shipments for Four Years— Shipments This Week- Year. Gt. Britain. Continent. Total. 1896-7 1,000 1,000 1895- 6,000 6,(XX) 1894-5 4,000 4.000 1893-4 6,000 6,000 Shipments Since Sept. 1— Year. Gt. Britain. Continent. Total. 1896- 30,000 536,000 566,000 1893- 71,000 714.000 785,000 1894- 26,000 513.000 539,000 1893- 47,000 750,000 797,000 This Since Receipts— Week. Sept. 1. 1896-7 14,000 1,570,000 1895- 12,000 2,107,000 1894- 9,000 1,490,000 1893-A 8,000 1,767,000 LONDON’S MONEY MARKET. The Continental Demnml For Gold Still Continues. Txmdon. July 26.—The money market re- mains in a condition of extreme ease. The gold demand continues for the continent, and Incoming supplies are still interrupt- ed en route to the bank. The future of the market seems to depend upon the monetary relations of England with the United States. Largo purchases of grain will no doubt be made during the autumn for European account, but the trade balance has been offset hitherto to some extent by Euro- pean sales of American securities, and more recently by purchases of goods here to <scape the new tariff. At the present moment, while gold Is being shipped from the United States to Europe, remittances of bullion are being made from Australia to San Francisco. The movements are excel,tlonal in both cases. The stock market was closed on Satur- day for repairs, which will occupy a week. While the market during the week re- tained Its firmness, there was no Increase in business. The American market at- tracted the largest share of attention, though the Improvement in prices was en- tirely due to American purchases, based on good crop reports. Canadian Pacific rose 3 points on reports from the Klondike region and Greek and Turkish Issues wire strengthened by the proposals of peace, IIAAKEfI CLEWS' VIEW*. Resume and Forecast of the Markets ns Norn From Wall street. New York, July 24.—At last, the long ex- pected tariff law has become an establish- ed fact. If the process of framing It has been protracted and tedious, that fact may be regarded a* evidence of a purpose to make the del lb. rations thorough and the result, therefore, the more satisfactory and lusting. However private views may differ as to the policy of the measure. It was devised In oladlenee to the expressed wish of a majority of the nation: and Its discussion was attended with the fullest hearing of both sides of the opposite In- terests concerned. At lesst, therefore, the enactment of the tariff law of 1997 must bo accepted as the expri salon of the best judgment of the nation for the time lielng. That judgment Is the only eiinstitutlonal means of conducting the affairs of the country, and it should therefore be loy- ally accepted and fairly and patiently sub- jected to ihe li st of experience. To those at lean who approve of the policy of pto- tection, the new law presents one con- spicuous feature for congratulation. It extends aid to many Interests which have Weekly Market Review. f ' , on moderately active all the ■i' riic feeling was nervous and unset- * ‘ ‘u* day we;ik and the next day The eai v tendency was down- -1 on account of rains In the south- ••at later, as it became evident that ,.’ v ; 1 ' l< ‘ rains had been by no means ■ , ’ ,? r sufficient, a steadier tone fol- i i uitcr stresgth, however, was a In old crop than In new 1n 's; August,which sold on Thurs- ,"" n '0 7.31 c, had rallied on Saturday fln 'J rinsed at 7.ISc, while Novcm- -1,1 declining to 6.96 c recovered to f,, c.osed 7.02 c. The net result Is a '''* advance in August and a few , ■•■•■line in new crop. This was due , xtraordlnary strong stutlstloc and "' M * """' with which August can ii, ' r ' or at least squeezed. Thn '■ r.v much worried trying to form i li .°' kind of prices are apt to ,h'' early part of the season, i 1 11 tl'at there will he a very ac- , fr cotton, an 1 while we I . , 011 1 food deal coming In, It 1* , “ *urc that there will lie enough " Inquiry, which will be urgent 1 1 directions. For some time, at 1 kely that prices will l>e well , '■ ""''may even lie materially is nd tills regardless of what the t . , , “ ut ')" rn of Die crop may be. As , ’• 11 must la- admitted that the i , e. fa' or 11 largo yield, hut ■ |. "'"O' 1 0 us two or three weeks Is ~v„,.,|, ,P arUon ot the crop r i , V 'k'tcriorating from lack of 11,111 e,„ it n,a n " UP OW " '‘'•• 'lon. due to Its „ in ng excess, there are inereas- -11 lir * amuK< * inweets • I ■ W .;::,m < r ,r J‘'‘ h * h** n an agl- , Vo ,Hl * must be i . i...., i must casual observer that ' 'nil , ' llilr 'g sirlous view *■ i 1id,.,. J 1 l V‘‘" fltunges Wi re wide, * m,„. *' ll closed last week at 69-V, • 1 \\...|, ~ ~*••> morning down to ttc, and ' "I i u % c- cloalng that ihi i.ri u # Ti** u holiday, but on ' 1,, ‘ l r „ ,Cf f '" 31 ■■ Saturday, the , ' strong again, and closed ' • Pn ~? r ! 1 , n demand has been •• r.cl 1 ‘ ‘Toy in Europe will ' 1 > l ui there Is no ;■ m Chi ta‘ and m Whl I anything of conws. J "■ r nia„ iV’eV. I .', 1 ' ° ur ••"llito supply " • i on, , . , " 1,1 tbany yi'.irs; Pi li , ' ■ '*dieted here 111 the ■mi ,1,,,.. 1 ' ached, ar. l the " 1 i. i, k 1 “• 1,1 though in w winter , *'<ng tnorv freely, Lulist thus far failed to receive the fostering care of legislation and which have yet the same political rights to it as indus- tries which have been protected in a high degree for the last generation. It is a matter of congratulation that tiicse newly protected industries are more or less directly agricultural. It is not a small matter to those dependent on the cultivation of the soil that the cattle and sheep raisers, the fruit growers, the sugar producers and the flux cultivators should have the same kind of encouragement as has been given so generously to the manufacturing and min- ing industries. The direct tendency of this fostering recognition will be to divers- ify agricultural production and thereby diminish the overproduction of cereals from which the farmers have so acutely suffered for many years past. There can hardly be any doubt as to (he effect of the change in tariff duties. The importing interest recognize the fact that it is going to be very difficult to bring into the country an amount of merchan- dise equal to tnat which found easy ad- mittance under the Wilson act; not only because the new duties are higher, but also becaaise the Dingley law is more skill- fully directed toward the exclusion of im- portant classes of merchandise. The man- ufacturers appreciate this fact and are, therefore, more confident of their safety against foreign competition; and having this confidence they may bo expected to undertake the resumption of production upon a scale which they would have hesi- tated to undertake under the lower duties now repealed. On this account, it seems reasonable to expect that there will be, from this time forward, a much more vig- orous movement in our industries than has been witnessed for the last four years; which is the one thing up to this point wanting to a general recovery of confi- dence and a return to a normal activity of business. This fact begins to have its effect upon both the investment and spec- ulative interests in Wall street, and the stimulus can only be expected to become more apparent as the recuperative ten- dency in manufactures steadily develops. Concurrently with this impulse to the manufacturing interests, comes a very important in the farming prospects of the country. The general drift of weather conditions is toward the harvesting of ample crops in good con- dition. Winter wheat has been gathered in excellent condition, and everywhere its excellent quality is admitted. A trust- worthy Chicago authority reports, as to spring that iijt) particular change is apparent from its'liitherto good prom- ise. “The weather has continued wholly favorable. Harvesting will soon begin in the southern part of the belt, with every indication pointing to the probability of a phenomenpl rate of yield. The little com- plaint of rust and other favorable condi- tions which have been met with recently, now seem to be lost-sight of, and there Is now little probability of any condition arising after this date that is likely ta affect the promised result." The yield of the winter and spring crops combined is r.ow estimated at about 500,000.000 bushels. In respect to the corn crop, one authority reports that, ‘during the last three weeks corn has made wonderful growth every- where;” and another (the Cincinnati Price Current) says; "Corn has made good progress under the influence of favorable weather, and the crop is spoken of quite encouragingly in spite of the backward condition, which seemingly is being rapid- ly overcome.” This, however, is not the only good feature in the crop outlook. There is every probability of a large foreign demand for our surplus of cere- als. The world's reserve stocks of wheat have fallen to an unprecedented relatively low condition. Argentina, Australia and India—usually important contributors to the European consumption—are threaten- ed with crops so deficient as to necessitate their becoming importers of wheat or flour during the next few months. These are facts having a most important bearing upon the future price of wheat; the more so as the present visible supply of that grain is now 30.000,000 bushels less than a year ago. The price of wheat at New York has ranged about S2V4 cents during this week, against 61 3 * cents a year ago; and yet it would seem that considerably higher flgures may be reached as the sea- son progresses. These facts are of the utmost value to the prosperity of the ag- ricultural sections of the country during the next twelve months, and therefore to the business of the railroads; and, coming concurrently with the stimulating effects of the new tariff, they assure a measure of commercial activity such as we have not experienced since 1892. The large volume of exports assured by these agricultural prospects, together with a falling off in imports consequent on the advanced tariff duties, can hardly fall to turn the foreign exchanges in our favor during the fall months, and it would not he surprising should we witness extraor- dinary Imports of gold between now and next January. Heretofore Europe has wanted more than anything else our gold, and taken it from us frequently at inconvenient periods wilhout hesitation or stint. Our safety now is through their actual necessities; they are compelled to take our wheat in such large quantities as to enable us to keep our gold; this is especially desira- ble for us, while it is equally desirable to send out of the country as much wheat as we can at anything like the present re- munerative price to the farmers, thereby showing necessity knows no law. Hence, while Europe would very much prefet.our gold, necessity compels them to lake”our wheat Instead. This Is the most whole- some feature of the present situation, and adds more than anything else to the buoy- ancy in the stock market as well as the grain market, and is the chief cornerstone to the structure of prosperity which Is now building up throughout the entire country. European aid to the stock market has not come this lime from their buying our securities, but it has come from their buying our products, which Is the most substantial assistance they could possibly have given this country. Our wheat goes forward for consumption never to reium; whereas. If our stocks had gone forward instead they would have been sure to have come back again upon us at an Inconvenient time. In all probability at a higher range of price* than they had been purchased al, and the benefit would have accrued to this country's detriment a* measured by the profits in connection therewith. BOOK NOTICES. "For Another’s Sin" is the title of one of the latest novels of the Globe Library series. The story Is by Bertha M Clay, one of the best known of modern story writers. Price 26 cents, In paper covers. Band, McNally A Cos., Chicago. The Klondike gold strike Imparts a pe- culiar value to the vivid picture of bonan- za days on the Comstock, presented In Mr. C. H. Shinn's fascinating hook "The Story of the Mine," which Is published by D. Ap- pleton A Cos.. New York, who also pub- lish Misa Bddmorc'a Guide Book to Alaska. THE MAGAZINES. A special feature of the midsummer Har- per'* lx It* short stories. The opening ar- ticle I* a story by Frederic Remington, of Indian-fighting In winter, entitled "A Ser- geant of the Orphan Troop." The Illustra- tions are by the author, and Include the frontlsplece of the number, In color. In addition there arc seven complete stories. "Sharon'* Choice" Is a humorous sketch of life In * western town, by Owen Wlster, and Is sympatheth allv Illustrated by A it. Frost "Tic • In tht Dei Kbchsn" Is * characteristic romance of voyage or day* in Mackinac, by Mary Hartwell Catherw-ood. illustrated by C. Carleton. ‘‘ln the Rip’’ is a story of farm llfo in Maine, by Bliss Perry, Illustrated by A B. Frost. "The Marrying of Esther is a story of country life, by Mary M. Meats "A Fashionable Hero" is a story of the city, by Mary Berri Chapman; and "A Fable for Maidens,” by Alice Duer, is an amusing little comment on the femin- ine attitude towards marrying, put In the guise of a fairy tale. The "Editor’s Draw- er" opens with “A Prearranged Accident a farce by Albert Lee, Illustrated by \\ H. Hyde. Harper & Bros., New York. ' The Fiction (August) number of Scrib- ner’s Magazine has had a wonderful re- cord for a decade. It has made the repu- tations of many new writers and increas- ed the esteem in which the old ones are held This issue sustains the well-earned reputation, it contains six complete short stories by Rudyard Kipling. Kenneth Gra- hame, Frank R. Stockton. Blanche Willis Howard, Molly Elliot Seawell, and Jesse Lynch Williams, and it appeals to many kinds of taste, for they are respectively a railroad story, a story of childhood, a farcical tale, a pathetic story, a lighting story, and a new-Journaltsm story, diaries Scribner's Sons, New York. The complete novel In the August issue of Lippincott’s Is “Two Daughters of One Race,” by Edgar Fawcett. It is a domestic tale of love and blindness, with a single hero, and two heroines whose characters are in marked contrast, its wcll-knoivn author has done no better work. Other contents of this number cover in small space a wide variety of topics. Frank H. Sweet writes with full knowledge of Bird Artists,” and Joanna R. Nk'h"l > s' of r Marine Hospital Service. Our Street Names” are discussed by William Waul Crane Dr. A. L. Benedict inquires, Are You going to Colleger’ and gives rea- sons why you should if you are young enough and adequately prepared M. A De Wolfe Howe mediates on A Similitude of J. B. Lippincott & Cos., Philijflel- phia, Pa. The most striking feature of the August Theosophy is the attention it pays to mu- sic. Mr. Basil Crump, the English barris- ter and popular exponent of Wagner, con- tinues his charming series of articles on that great musician’s "Music Dramas, with a reproduction of an exceedingly rare portrait of Wagner In his prime; and an interview with E. A. Nerezhelraer, the vice president of the Theosoplueal Socie- ties in America and Europe, shows that theosophists study music from an unusual standpoint, akin to that of the ancient Greeks, who recognized the creative power of sound. Its influence upon man's inner nature is explained. Price 20 cents Theo- sophy, 144 Madison avenue. New York. The August McClure’s Is Issued as a special Midsummer Fiction number. A complete novelette by Rudyard Kipling, dealing with school life in England and army life in India, and obviously written straight and hot from the author's own nersonal experience, would alone, especial- ly with its admirable Illustrations, mafic e the number distinguished. But there are four or five shorter stories—stories by < o- nan Dovle, Robert Barr, John Kendrick Bangs and others, each more or less nov- el and enticing in Incident and Interest, and most of them also attractively illus- trated. The S. S. McClure & Cos., New York city. There are two papers in the midsummer Issue (August) of the Atlantic which should be read by every one who appre- ciates the beauty and usefulness of our great forests. John Muir, author of "The Mountains of California," and the most eh.-.rminj writer about mountains and for- ests that we have, contributes the opening paper on "The American Forests.” It Is a glowing and appreciative description of their beauty and wealth, and a powerful arraignment of the neglect that has al- lowed tso large a part of them to be de- stroyed or taken out of government con- trol. Supplementing this paper there Is an editorial article on our “Forest Policy In Suspense.” In this paper the duty of the govirnment to Inaugurate a definite and vigorous policy i* insisted upon ana a powerful pica made for the preservation of our forests. There are also two other papers that can naturally be sioken of together, which are striking studies of two very dissimilar communities In this country. William Allen White,the well known Kan- sas editor and the author of a volume of striking stories of Kansas life, writes on "A Typical Kansas < •ommunlty." He gives a description of life In a typical communi- ty in this much discussed state—describes the people, their amusements, their social life, and shows the significance of the town In Its sociological and economic as- pects. Houghton. Mifflin & Cos.. Boston. The Ladies' Home Journal for August, largely devoted to fiction, presents a num- ber of short stories by the best known writers, that will pleasantly employ the leisure of midsummer days. Of special Interest among these are the opening chapters of Hamlin Garland's latest se- rial, "The Bplrlt of Hwcet writer," a ro- mance with the 'rugged wilds of the west- ern mining eountrv as it* picturesque background, and "The Two Mrs. Ches- ters,” by Mrs. A. B. T. Whitney, ope of the ties! stories tliat has come from the pen of that popular author. Arthur Wil- lis Colton contributes a tmthetlc sketeh. "The Flowers on Tim Itae's Grave," anil Annie riteger Winston narrate* a rustic courtship In "The Jilting of Mary Ellen." Elllnor lal# Runeie, in "Brrgt. Matty," gives one a view of the heroism of a Hal- vntion Army girl, and her steadfast dp- vo*lon to the causa* In which she lalsirs, ami Grace Stuart Held tells the story of "Her Mysterious Disappearance." An- other siory of powerful Interest Is flirah Farr's "Before the Morning Watch," a Quaker romance laid In the stirring revo- lutionary limes. Florida Central & Peninsular Railroad Cos. AG Mile. Shortest Line to Tampa, 34 Miles Shortest Line to Jack.oatiile, TIME TABLE IN EFFECT Jl LI 1!>. ISP7. NORTH. j Train Train |~ SOUTH. ' Train , Train' n,erldlan time. I Daily. Daily. | 90th meridian time. Daily.| Daily. l"v otonln ’"""am; 8 10pm||Lv New Y0rk..... ]l2 15amj 4 30pm , Oil.indo 10 loam 8 ljpml Lv Philadelphia I 3 oOatnj 6 55pm Lv Ocala 2 10|>m 2 11am Lv Baltimore i 6 21am| 9 20pm Lv Jacksonville | 7 30pmj 8 15am Lv Washington 'll lSaiflfl# 43pm Lv hernandina 6 45pmj 7 50um Lv Richmond 112 Oon’iii 2 Ouam Lv Brunswick |Slspm| 9 30am Lv Asheville I 3 Of.pml Lv Darien | 4 25pmj 9 30am Lv Columbia ;12 47am 11 55am Ar Savannah —lll 25pm, 12 13pm Ar Savannah | 5 OOainj 4 35pm Lv Savannah jll 35pni|1220pm;II.v Savannah I 5 Want, 4 43pm Ar Augusta | 8 10atn|10 45pm j|Ar Darien 112 28pm 7 16pm Ar Columbia | 4 24am| 415 pm j| Ar Brunswick . 7 4oam'; 8 00pm Ar Asheville j 2 40pmI |]Ar Fcrnandina 9 30am| 9 20pm Ar Knoxville | 7 25pm| ||Ar Jacksonville 9 10am| 9 30pm Ar Cincinnati **^_a ““*”**"l 7 15am] Ar St. Augustine 10 30nmj Ar Richmond I 6 25pm| 600am!j't r ® oa ' a I 2 40pm| 305am Ar Washington | 9 25pm] 6 42amb Ar a ampn | 7 00pm] 8 20am Ar Baltimore Jll 2opm| 8 05am Ar Tallahassee .| 3 30pm| Ar Philadelphia j 2 56am,10 loamjjAr Pensacola 11l 00pm] Ar New York | 6 23amjl2 43pmj|Ar Mobile | 305 am .”"!!!! MAr New Orleans j 7 40am| | Train || . j Train" I 40 II J I 39 Lv Savannah ] | 500 pm Lv Denmark ..........400am Ar Denmark ] ] 9Supm Ar Savannah j | 980am Trains 39 and 40 daily except Sunday, stop for local business. Pulmnn buffet sleepers Jacksonville and New York on trains 35 and 36 and Jack- sonville and Cincinnati via Asheville without change. Pullman buffet vestibuled sleepers between Tampa and New York on trains 37 and 38, connecting at Charlotte with southwestern vestibuled limited train. For full Information apply to A. O. M Af DON ELL. G. I’. A., Jacksonville Fla N. S. PENNINGTON. Traffic Manager. Jacksonville, Fla. I. M. FLEMING, Division Passenger Agent, Savannah, Ga. Trains leave from Central depot corner West Broad and Liberty streets. THE MONEY THEN. A I tine AN lien Few Stoppi'tl to Count til#* 4 o*t. H. S. Canfield In the Chicago Timcs-Hcr- al-J. Representing nothing on God's earth now And naught in the waters ltelow it, As the pledge of a nation that’s passed away, Keep It, dear friend, and show it. Keep It; It tells all the history over 1 t’oni the birth of the dream to Its lasi! Modest and horn of the angel Hope, Like our hope of success—it passed! I used to know the name of the author of that poem on a confederate Jit) hill, but 1 have forgotten, it. There are three other stanzas as good. They were recall- ed to me by a newspaper friend, showing mo a not© issued by the ‘‘storm-cradled nation that fell.',' The fact that he has kept it all of these years is explained by the further fact that It cannot be spent for anything. Seeing the bill brought hack to me the dais when money was plentiful south of the Mason and Dixon line, and I wondered that none of the orators who deluged; the country with English in behalf of Mr. Bryan last fall had called attention to the southern ex- periment. The principle of Bryanlsm and the principle of the government at Rich- mond are the same—viz., all that Is nec- essary to make money Is for the govern- ment to print it and call It money. That has been tried once before in the history of this country, and somebody who was alive and had his eyes open at that time ought to write a book about it. Every one In the confederacy had money. Tt was about the cheapest thing extant. It cost nothing, and it circulated merrily in bundles. Being wholly of pa- per, it was easily carried. No one knows how much of It was issued first and last. The secretary of the treasury confessed that he did not know. The only thing in the way of its limitless creation was the capacity of the presses. Even ns it was. the bills were printed much faster than the secretary could sign them. There were two or three thousand of young ladies in Richmond not averse to earning some- thing in their homes, so the bills were sent to them in sheets, and they signed them and returned them for a small con- sul) ration. Money could be had literally for the asking. It was of no especial value to the holder, and parting with it gave the donor a feeling of large liber- ality. A man who chucked a Jl bill into a beggar's hat naturally felt better for it all day. lie did not stop to think that a dollar in gold would have been a more princely gift. A conversation occurring between pickets of the two lines down on the South Carolina coast is an instance in point; "Hello, rub." “Hello, yank ” "Times pretty tough with you, eh?" “Not on your life. Got everything we need." How about the luxuries, reb?” "Got thefn. too.” "(lot coffee?” "Oodles oif R." “What do you pay for It?" "Forty dol- lars a pound." "Isn't that rather high?" “A little; but we don’t care how high a thing is when we want it.” With such currency as the sole medium of barter, speculators ran no risks, be- cause- however high a thing might he on Monday it was certain to he higher on Tuesday. For years prices constantly ap- preciates!. This lielng so, "speculator" be- came a term of contempt. That class was thought to Is* trading and getting rich upon the necessities of the people. Finally laws were passed fixing a heavy penalty for the offense of “buying with the- Intent to sell again." Not a few men spent terms in prison for this offense. Prices were fab- ulous. A customer paid whatever was asked v'thout question. There was no established ratio of value between articles. Coffee was sio a pound and tea was S3O a pound at the same store on the same day. Dinner at the leading hotel at Richmond cost S2O. and a seat in (lie dress circle of the ls>st theater only $6. A copy of the Whig or the Examiner was sold for sl, and tallow candles for $lO a pound. One of tile Virginian humorists expressed the sit- uation aptly. "Before the war,” he said, "1 used to go to market, with my money In my pocket and my haskei on my arm. Now I carry my money In the basket and my purchases in my pocket." Two years before the surrender the peo- ple kneiv that the money was worthless, tint It continued to circulate merely le- -cause It was called money. Not one man In a hundred liellevcd that It would or could be redeemed, but he took It In exchange for his goods because his nclghlmrs took It. About this time a financial genius came to the front, whose name unfor- tunately has not been preserved. This was his scheme: “The government has $1,000,000 In gold. Ist It boldly offer to re- deem bills on presentation. When they find they can get their money redeemed the people will not want It redeemed. Thus confidence In our currency will tie re- established and we can issue as much of It a* we want to." Btrange to say he had followers vho would have been offend- ed If anyone had questioned his and their sanity. Thero came a time whin people for the most part were forced back to firat principles. Goods became the currency. A man paid for tile tuition of his children with so many bushels of corn and pounds of bacon. The old days of the coon-skin as a circulating medium had returned. The crisis was brought about by the post- office clerks In Richmond, who resigned in a body and went Into the army, where they could draw rations because they could not support life on their salaries of TM*W a year. In the midst of destitution that amount, ed almost to famine som- giant fortunes were- mode. The fortunate ones were blockade runm rs. and the plan of opera- tion was simple. They tioughl a fast boat In Europe uml loaded per with good* at Nassau Dodging the federal cruisers in- to Charleston, the goods were sold at auc- tion for enormous sums. With this tro-ney ■ rot'.on was purchased and the return ! trip made. If a runner mad* one complete I passage and lost his vessel and cargu <,n j the next trip It* would clear more than I I'd per cent., as Ills goods were enorm- ously high, and cotton In I lie confederacy was painfully low. without a market for it. Before the runner's goods were put up THE MORNING NEWS: MONDAY, JULY 2(S, 1897. Plant System. Train* operated l>y nod, neriuma Time-One hour slower than City Tims, KEADTJoWN. |j TIME CARD. Tj JtKAD IT. ** _ IS I H | 6 I 78 I 32 U r~23 —l s—nrrr ! 8u ") ! Lx- I I i| In Effect June 30, 1897. || | | Ex- | Sun Sun. Om>..only. Sun. |Daily]Daily|| j;Dally]Dally,Sun. jOnly.jOiity. 6 Up] 7 001 6 00a|12 60a 1 12 50p M 1.v.... Savannah ...,Ar| 8 24a, 2 4ouj 7 10|> 11 Oop lT 2oa ■I"-;;- 11 I |Ar Augusta Lv| J 1 Csu 11 SP 1. _JP ll 59a( 5 10a] 4 50p Ar ...Charleston Lv|| 6 30a|ll (ftp 335 p 7 50p B’ioa i b >P| 4 20a Ar Richmond ....Lv 7 SOp 9 05a J ill 10p| 7 41tt||Ar... Washington ....Lv 3 40p| 4 30a I 3 45a|li 25a Ar... Philadelphia ...Ia 12 09p|12 05.i ...... * I 6 53a 2 03p Ar New York Lv] 9 25aj 8 Sip)'.’".’.’.’ ""m! Ex. Jsim. !JL I * i 36 If 1 32 | 78 "! Sun. On.y |Bun. |Daily|Dally]| __ . |;Daily DallyiSun" joffiy. Sum I?! I $1 7 *! < W oJa \at :::' 3!^up a ":::: £<;!! Z 6 30p 8 00p 8 40, )| 5 a|U OCajiAr lv ay cross Lv 10 10a| 9 30p 6 00a 6 00a 6'ua lELY’I 1 1 ?f\ -I 2 -"Pi: Ar Albany Lv|| | * 40pj12 55a 12 66a I H 56a| 3 06p]]Ar ....Gainesville ....Lv] 3 15a 3 65p' | I 1 K>P| 5 25p||Ar Ocala Lvj; 1 80a 2 OGp ; I- I 6 45p| 7 30p|jAr Tampa Lv|| 8 00p| 8 Uou|..!.!" i"”” IHWpjU 1p 1 04p||Ar Valdosta Lv]] i 0 30pl 4 05a| 4 usal I 7 45a j 7 45a 9 20pl|Ar ....Montgomery... Lvj I 7 55a 7 45p 7 45J I 7 25p| 7 25p 7 40a||Ar ..New Orleans ...Lv]]! | 7 ft,p 7 55a 7 7 _ 2’> 4 iop||Ar ...Cincinnati Lv||...!!!!|J? ££|u ;;;;;;; All trains except Nos. 23. 32, 35 and 78 make all local stops. Pullman buffet sleeping cars are operated as follows: No. 35 between New and Port Tampa via West Coast: and Waycross and Nashville via Mcrnimm.l. e K 32 between Port Tampa and New York via Jacksonville; Nos. 23 and 78 hi.t*2’vi York end Jacksonville: Nos. 21 and 25 between IVaycross and at. Louis via vt N ' w cry, and Waycross nnd Nashville via Atlanta. ‘ ,o, itgom* Steamships leave Port Tampa for Key West and Havana 9.00 n rn it n„j, Thursdays; for Mobile 10:00 p. m. Saturdays. ' oays and F.. A. ARMAND. City Ticket Agent. De Soto 1 B. W. WRENN, Passenger Traffic Manager. uto <>!. H. C. Me FA DDE N. Assistant General Passenger Agent GEORGIA AND ALABAMA RAILWAY SAVANNAH SHORT LINE. Passenger Schedule*. Effect ive June 27. 1897. 7J Miles Shortest Operated Line Between Savannah and Montgomery 26 Mil.. SliorteHt Operated 1.1 no Between Savannah and Columbus. F.'!sr* pr r C Llne. II II A. C. Lin." r: ",.. .* ; —• 13lotuiL '| 55pm] 900pm] 930am||Uv ...New Yort. Ar| t FuSpmj 6 63ami 6Z2amU243db> 3 SOaffi] 6 55pm112 05n’t|12 09n n||Lv ..Phlladdphla Ar||U 25am! 3 45am| 2 66am 10 15am 6 22am # 20pm| 2 50am 2 2apm| Lv .-Bull more.... Ar|| 9 06atnjl2 C3n’t 11 35pm 800 .to II luarn 10 43pm 4 3((ain 3 lupin Lv .W ashington.. Ar|| 7 luum.U 10pm 9 25pm 642 .m 10 16pm 9 25am ||Lv ...Charlotte Ar|| j... I'i‘ftiAmi i’ii' 12 47am11l 56am! | ||Lv ...Columbia... Ar!j s. ’1 4 8^ 5 00am| 4 36pm| 2 40am| 8 24am|[Ar ...Savannah. Lv(|l2 smVn|l2 50n’t|ll 35pm'I2 20!’,"* | 19 | I No-17 II f| TNoTsI ’A>~~j 347am |l2 37n'n||Ar ...Abbeville.... Lv| 322pm 11 Snm I 3 00ptn||Ar Amerieus Lv|| 12 sfin’n - 1 8 20pm||Ar ....Chicago Lv 1040 am J 3 06ani|]Ar Mobile Lvj| |l2 20n't Connecting at Savannah by all trains." with steamship lines for lialtimV.rA im'.r- adelphla, New York and Boston; with Plant system, and Florida Central and p.Il insular; Atlantic Coast Line for points north; with Savannah and Atlantic RniL way for Tybee. * nau ~ At Colllna with Collins and Retdsvllle railroad and Stillmore Air Line At Helena with Southern railway for all points thereon At Cor.lele with Georgia Southern and Florida for Macon and bevond- .in Albany and Northern railway for Albany. ueyonu. also with At Richland with Columbus division for Columbus, Dawson and Albany Trains 17 and 18 carry Georgia and Alabama Railway new and magnificent h„ fet parlor oars. * * uu‘ Trains 19 and 20 carry Pullman Palace keeping cars between Savannah and Amerieus. " na Tickets sold to all points and sleeping car berths secured at ticket office Bull and Bryan streets, or at West Broad street passenger station C*’ earv,t CECIL GABHETT. First Vice President and Generil Mana<r„, A. POPE, General Passenger Agent. C’ c MA KTIN Agf"; CHAS. N. RIGHT. Assistant General PassengeV A*enf’ BollclUn * A. M MARTIN. Agent, corner Bull and Bryan streets. Central of Georgia Railway Cos. VW/’ Schsdulesln Effect June 27, 1897, GOING iVtjißT. READ DOWN||~ || U(JI7s'(FEAST. RHADUE N0.21,N0. siNo. l|No. 3 |No. 1 II Central jlNojXjNo. 4 |No. 81N0 lu No J sun.|excpt|excpt| dally.| dally.|j or 90th || daily.| daily. jexcpt excpt Sun. anly.j Sun.j Sun.| | || Meridian time. || j | Hun.| Sun. only. • JUPl'zwp 6UOPI 9OOpj 8 45a|]Lv .Savannah UfiTTSTp] 6 OOa| 7 ffliTTßSplluTua 7 26p| 306 p 7 04p| 1003p| 9 59aj|Ar ....Guyton Lv[| 6 24p 4 51p 6 48a| 3 46p| 9 42a 7 56p 7 36p| 10 36p| 10 3Ua||Ar Oliver Lv|| 4 54p 4 20a| 6 13a I9 l- -8 16p UUUp| 10 52a||Ar Dover Lv| 4 32p 3 58a| 3 8 33p 11 19p[ 11 l()u|]Ar ...Rocky Ford..Lv| 4 14p 3 12a: 3 8 55p 1148p] 11 34a] |Ar Mil It n Lvj 350 p 3 20a] niu lliCilp 6 35ajf 1 Sop(|Ar ....Augusta.... Lvli fl 50p 8 4()p| * ik~ 1 52aj 162p]|Ar ....Tennllle.... Lvj 20()p 1 28a ""!!! * t 1 56p|t 8 SOpjjAr .Miiledgeville. Lvj | 6 30a|fl2 55p t 355 p flO oOp||Ar ...Eatonton... Lvjjt 5 25a|tl0 10u ...” * t 7 35p| jjAr ....Cpvington.. Lv|j j) 6 46a " til 47a 11Ar ....Madison Lvj| If 4 38p t 115 p|j Ar Athens Lvj| |t 320 p * til 30a ••l|Ar ..Carrollton... Lv|| f 1 lup .j 1201p Ar ...Columbus... Lv | | 4 OOpj jj”j * 1 20p Ar ...Opelika Lvj j 2 45p| I**”" BETWEEN SAVANNAH AND TYBEE. “ F"jaily |"Dally j Dally j Daily I Dally I Dally I Ban. sun. 1 sxHun | | | I I only. only Leave Savannah IfJOaml I39am| 2 80pm 4 20pin, 5 ;k>pmj 7 45pm, 7 o.iamiUloam Arrive Tybee f * 16amj 10 30amj 3topm 6 ISpmj 8 43pm| S 85pmj 8 OOam'll 10D4B | Dally | Dally | Dally j~Da!ly Dally I Daily] Sua. I ' I ' exSun | I eSnn | | only. | only. | only. Leave Tybee . ! 4 55am] 7 OO.imTTnfeamf# lopm 6 40pm] 9 lOprnl 8 15am;i2 25pm l 4 45t>rn Arrive Savann'lt 6 Ura| 7 50am ll 00 m| 6 05pm 7 35pm; 1000pmj 9 06am| 1 15pmj 5 4’,pro Trains marked T tun .Umly. except Sunday. Time shown la 90th meridian, one hour slower than Savannah city time. Solid trains between Savannah, Macon and Atlanta. Sleeping cars on night (rains between Savannah and Augusta, Savannah and Macon, Savannah and Atlanta. Parlor cars between Macon and Atlanta. Passengers arriving Maeon at 1:56 a. m. can rom Sn in sleeper until 7 a. m. For further Information and for schedules to all points beyond our line, apply to W. G. BREWER, City Ticket and I'aseenger Agent, 39 Bull street. J. C. HAILE, General Passenger Agent. Savannah. Ga. THEO. P. KLTNE. Oen. Superintendent. E. II HINTON, Traffic Manager QUICK CASH FOil Whit* Wool |7 c lllarlc W001..,,, , n rilnt Hides .....13 o l>ry Ntlt lllilra i| <, (iriiwi hilt llldri 7 u !\o reduction for Llaht Hides. \\'mx 9 Furs and ll<ne> uanlrd. A. EHRLICH &BRO. t m. 1U and m Weat Hay atrtt 1,000,000 Pounds Hides and Wool Wanted. It*. U K Wool DKV H.I.NT 11*01 H i:n.o I.IIt tM sAUt.lilllPKs V ' 7 IIEKMW AX . gOa R. KIRKLAND. OLD NKWMI* A1 *K H ft, 2uu for qiqu, m Dullness office Morning News. at auction the government wan given drat choice at Richmond price*. This wa* true particularly of quinine, which the United State* had made contraband of war along wllh other mcdl'-lne*. In one instance the government 01/talned a large ahlpment of qulnlna at. 11,100 an ounce, when a specu* l.itor had offend 12,>0 an ounce. The hlatory of confederate currency will ahow feature* of pat ho* and humor with- out parallel*. Incredible a* It may *rem, the oongrea* did not renognise the gravity of the situation until the winter of IKM-m, and then vainly endeavored to palliate It by the dl*ctt**lon of hare-brained cheme* that havo their oounterpar * In our own tlay; but long before that time their money had become a matter of dally J-st to a great-hcarle.l itnoph-. They had their grim fun out of It, though they suffered. —A lady friend of the Time* write* a* follow*:, I have a conundrum that I think I* very good; perhaps It i good enough to print lit the Time*. Why It tjueeen Vic- toria like till* month of June? Hecause ht rclgi Oand relgna and doesn't give the •un a chance."—tiurtlord Times. 7
Transcript of NEWS: JULY PAINE, MURPHY CO., Cos. Plant · 2019. 3. 22. · making intelligences. " July 36, 1897....
making intelligences." July 36, 1897.
Sun rises ®j®jjsun sets _••••
• i6^Hifili water at Tybee stoß am, 5.27 pm.Hign water at Savannah 6:08 am, 627 pm.
12 m., 75th meridian time.—'—^j^nxtiirTiis7EinAvr
Steamer W. S. Cook. Garnett, Augusta—-
•W T. Gibson, Manager.
Steamer Louisa, lladden, Aujusta-K.A. Ivey, Manager.
MEMOH win.
Baltimore, July 25.—Arrived, schoonerSpar.an. Charleston.
Xew Vorlt. July 23.—Arrived, schoonerGeorge R. Congdon, Bayles, Charleston.
Brunswick, Ga., July 23.—Cleared, barkMaria (Br), Torres, Costellon.
Sailed, steamer State of Texas, Risk,2,-etv York: bark Gwendoline (Sp), Pedero,St. Sebastian.
notice to mabrehs.
Pilot charts and all hydrographic infor-mation will be furnished masters of ves-sels free of charge in United States hy-drographic office, in custom house. Cap-tains are requested to call at the office.
Rcikirts of wrecks and derelicts receivedfor transmission to the navy department.
Dangerous Derelict.—Schooner FloraMorang, at New York from Macoris, re-ports July 12. latitude 30 06, longitude 72 43,passed a vessel floating bottom up, appar-ently about 160 feet long; about two-thirdsof the keel from the stern post forwardand part of the bottom could be seenabove water. Apparently a long time inthe water. Avery dangierous obstructionto navigation, as it was impossible to seethe wreck at night and only a short dis-tance in the day time. Bottom was cop-per, painted.
LIST OF VESSELS
Ip, Cleared and Sailed for ThisFort.
STEAMSHIPS.Miguel M. rinillos (Sp), 2,198 tons, Men-
gual, due Aug. 28, to id cotton for Barce-lona and Genoa.
Oscar 11 (Nor). 1.999 tons, Hamburg, atPort Royal July 25.
SHIPS.Thor (Nor). 1,054 tons, Andresen, Ham-
burg; sld June 9.Scottish Minstrel (Br), 1,511 tons, Allen,
Santos; sld July 3.Else (Ger), 1,375 tons, Springer, Bremen;
sld July —.
BARKS.Alfredo (Ital), 910 tons, Arpe, Trieste; at
Philadelphia in distress.Lindores Abbey (Br), 832 tons, Clark, Al-
goa bay; sld May 13.AVilhelm Anton (Nor), 992 tons, Olsen,
Zaandam; sld May 26.Kmbla (Nor), 513 tons, Ellertsen, Rotter-
dam; sld June 12.Olga (Ital), 754 tons, Maresca, Gloucester,
Mass.; sld July 8.Craig Mullen (Br), 765 tons, , .Isle of Erin (Br), 889 tons, Malcomb, Ta-
ble hay; sld July 6.Albert Shultz, 473 tons, Hubbard, New
York; sld July 19.Bertrand (Nor), 544 tons, Thorsen, Port
Natal; sld June 17.lnnoeenta (Ital), 769 tons, Chappari,
Trieste; sld July 15.
II VRKENTINE.Alfredo (Sp), 310 tons, Roig, Buenos Ayres;
due Aug —.
BRIG.Robert Dillon, 431 tons, Wyatt, at New
York, July 21.
SCHOONERS,Jennie Thomas, 576 tons, Young, Balti-
more; sld July 15.Hilda, 505 tons. Rines, Baltimore; sld July
23.Marjory Brown. 1.150 tons, Osborne, at
Philadelphia, July 21.Joel Cook, 381 tons, Fraser, Boston; sld
July 15.Cnarmer, 673 tons, Johnson, Baltimore;
sld July 22.Rebecca M. Walls, 561 tons, Little, atPhiladelphia, July 21.
Stephen (5. Loud, 402 tons, Pierson, Balti-more; sld July 11.
Is and City, 106 tons, Harvey, at Balti-more. July 21.TANARUS., m is a. Ward, 765 tons, Steelman, Phil-
adelphia; sld July 20.Harry ,\. Berwind, 911 tons, Wallace, Phil-
adelphia; sld July 23.J 1 ■ A. Trailer, 393 tons, Albertsen, at
Ne-v York. July 21.Ihi E Latham. 410 tons, Lewis, New
York; sld July 20.Mniy I'.-t a. May, 510 tons, Jarvis, at Phil-adelphia, July 24.A uer. Reppard, -kb tons, English, Phila-
delphia; sld July 9.Ali Lamson, 126 tons, Smith, at Balti-more. July 25.
PAINE, MURPHY & CO.,„
, brokersorders Executed Over Our Private Wires„
ForCOTTON,STOCKS.GRAIN & PROVISIONS
For Cash or on Margins.Local Securities bought and sold.
Telephone 530.Board of Trade Building, Jackson Buildtng,Savannah, Ga. Atlanta, Ga.
reports from the spring wheat crop areless favorable, and if our total crop shouldnot exceed an average yield, the outlookwill be pretty squally for England andthe other importing countries. The marketis fermenting, and we seem to be on theeve of startling developments.
Corn was dull and rather heavy all theweek until Saturday, when a renewal ofthe erqp damage talk caused a strongmarket, resulting in an advance of aboutlc, September closing at 271j®27%c. Cornlooks low when ive consider the crop hasvarious vlcissi(*des still to encounter.
Provisions advanced slightly, but with-out as yet showing revival of activity.
Wm. T. Williams.
Visible Supply of Cotton.The visible supply of cotton to July 23,
as made up by cable and telegraph, is asfollows. The Continental stocks, as wellas those for Great Britain and the afloat,are this week’s returns, and consequent-ly all the European figures are broughtdown to Thursday evening. But to makethe totals the complete figures for Juky23, we add the item of exports from theUnited States, including in it the exportsof Friday only;
1897. 1896.Stock at Liverpool, bales.. 774,000 693,000Stock at London 6,000 9,000
Total Gt. Britain stock. 780,000 702,000Stock at Hamburg 23,000 30,000Stock at Bremen 127,000 155,000Stock at Amsterdam 3,000 7,000Stock at Rotterdam 200 200Stock at Antwerp 11,000 11,000Stock at Havre 150,000 197,000Stock at Marseilles 6,000 6,000Stock at Barcelona 80,000 73,000Stock at Genoa 38,000 50,000Stock at Trieste 19,000 *O,OOO
Total continental stocks. 456,200 569,200
Total European stocks.. 1,236,200 1,271,200India cotton afloat for Eu-
rope 51,000 55,000American cotton afloat for
Europe 41,000 65,000Egypt, Brazil, etc., afloat
for Europe 17,000 7,000Stock in United States
ports 116,460 185,590Stock In United States in-
terior towns 31,769 82,980United States exports to-
day 2,171 4.163
Total visible supply ....1,495,600 1,670,933Of the* above, totals of American and
other descriptions are as follows;American—
Liverpool stock, bales 653,000 547,0X)
Continental stocks 364,000 438,000American afloat for Eu-
rope 41,000 65,000United States stock 116,460 185,590United States interior
stocks 31,769 82.980United States exports to-
day 2,171 4,163
Total American 1,208,400 1,322,733Total East India, etc... 287,200 348,200
Total visible supply 1,495,600 1,670,933The imports into continental ports the
past week have been 26,000 bales.The above flgures indicate a decrease
in the cotton in sight to-night of 175,333bales, as compared with the same dateof 1896, a falling off of 1.415.582 bales fromthe corresponding date of 1895 and a de-crease of 925,350 bales from 1894.
India Cotton Movement From All Ports,—The receipts and shipments of cottonat Bombay have been as follows for theweek and year, bringing the flgures downto July 22;
Bombay Receipts and Shipments forFour Years—
Shipments This Week-Year. Gt. Britain. Continent. Total.
1896-7 1,000 1,0001895- 6,000 6,(XX)1894-5 4,000 4.0001893-4 6,000 6,000
Shipments Since Sept. 1—Year. Gt. Britain. Continent. Total.
1896- 30,000 536,000 566,0001893- 71,000 714.000 785,0001894- 26,000 513.000 539,0001893- 47,000 750,000 797,000
This SinceReceipts— Week. Sept. 1.
1896-7 14,000 1,570,0001895- 12,000 2,107,0001894- 9,000 1,490,0001893-A 8,000 1,767,000
LONDON’S MONEY MARKET.
The Continental Demnml For GoldStill Continues.
Txmdon. July 26.—The money market re-mains in a condition of extreme ease. Thegold demand continues for the continent,and Incoming supplies are still interrupt-ed en route to the bank. The future ofthe market seems to depend upon themonetary relations of England with theUnited States.
Largo purchases of grain will no doubtbe made during the autumn for Europeanaccount, but the trade balance has beenoffset hitherto to some extent by Euro-pean sales of American securities, andmore recently by purchases of goods hereto <scape the new tariff. At the presentmoment, while gold Is being shipped fromthe United States to Europe, remittancesof bullion are being made from Australiato San Francisco. The movements areexcel,tlonal in both cases.
The stock market was closed on Satur-day for repairs, which will occupy a week.
While the market during the week re-tained Its firmness, there was no Increasein business. The American market at-tracted the largest share of attention,though the Improvement in prices was en-tirely due to American purchases, basedon good crop reports.
Canadian Pacific rose 3 points on reportsfrom the Klondike region and Greek andTurkish Issues wire strengthened by theproposals of peace,
IIAAKEfI CLEWS' VIEW*.
Resume and Forecast of the Marketsns Norn From Wall street.
New York, July 24.—At last, the long ex-pected tariff law has become an establish-ed fact. If the process of framing It hasbeen protracted and tedious, that fact maybe regarded a* evidence of a purpose tomake the del lb. rations thorough and theresult, therefore, the more satisfactoryand lusting. However private views maydiffer as to the policy of the measure. Itwas devised In oladlenee to the expressedwish of a majority of the nation: and Itsdiscussion was attended with the fullesthearing of both sides of the opposite In-terests concerned. At lesst, therefore, theenactment of the tariff law of 1997 mustbo accepted as the expri salon of the bestjudgment of the nation for the time lielng.That judgment Is the only eiinstitutlonalmeans of conducting the affairs of thecountry, and it should therefore be loy-ally accepted and fairly and patiently sub-jected to ihe li st of experience. To thoseat lean who approve of the policy of pto-tection, the new law presents one con-spicuous feature for congratulation. Itextends aid to many Interests which have
Weekly Market Review.f ' , on moderately active all the
■i' riic feeling was nervous and unset-* ‘ ‘u* day we;ik and the next day
The eai v tendency was down--1 on account of rains In the south-
••at later, as it became evident that,.’ v
; 1 ' l<‘ rains had been by no means■ , ’ ,?r sufficient, a steadier tone fol-i i uitcr stresgth, however, was
a In old crop than In new1n " 's; August,which sold on Thurs-,"" n '0 7.31c, had rallied on Saturday
fln'J rinsed at 7.ISc, while Novcm--1,1 declining to 6.96 c recovered to
f,, c.osed 7.02 c. The net result Is a'''* advance in August and a few
,■•■•■line in new crop. This was due
, xtraordlnary strong stutlstloc and"' M * """' with which August can
ii, ' r ' or at least squeezed. Thn'■ r.v much worried trying to form
i l i.°' kind of prices are apt to,h'' early part of the season,i 1 11 tl'at there will he a very ac-, fr cotton, an 1 while weI . , 011 1 food deal coming In, It 1*, “ *urc that there will lie enough
" Inquiry, which will be urgent1 1 directions. For some time, at1kely that prices will l>e well
, '■ ""''may even lie materiallyis nd tills regardless of what thet . , , “ut')"rn of Die crop may be. As,
’• 11 must la- admitted that thei , e. fa' or 11 largo yield, hut■ |.
"'"O' 1 0 us two or three weeksIs ~v„,.,|, ,ParUon ot the cropr i , V 'k'tcriorating from lack of11,111 e,„ it n,a n
"UP OW " '‘'•• 'lon. due to Its„
in ng excess, there are inereas--11 lir * amuK<* inweets
• I ■ W.;::,m<r ,rJ‘'‘ h* h** n an agl-, Vo ,Hl * must bei . i...., i must casual observer that' 'nil
, 'llilr 'g sirlous view*■ i 1id,.,. J 1 lV‘‘" fltunges Wi re wide,* m,„. *' ll closed last week at 69-V,• 1 \\...|, ~ ~*••> morning down to ttc, and' "I i
u%c-cloalng that
ihi i.riu
# Ti** u holiday, but on' 1,,
‘ lr„,Cf f '" 31■■ Saturday, the, ' strong again, and closed'
•Pn ~?r!1
,n demand has been•• r.cl 1 ‘ ‘Toy in Europe will
' 1 > l ui there Is no;■ m Chi ta‘ andm Whl I anything of conws.
J "■ r nia„ iV’eV. I.', 1' °ur ••"llito supply" • i on, , . ,
" 1,1 tbany yi'.irs;Pi li , ' ■ '*dieted here 111 the
■mi ,1,,,.. 1 ' ached, ar. l the" 1 i. i, k
1“• 1,1 though in w winter, *'<ng tnorv freely, Lulist
thus far failed to receive the fosteringcare of legislation and which have yetthe same political rights to it as indus-tries which have been protected in a highdegree for the last generation. It is amatter of congratulation that tiicse newlyprotected industries are more orless directly agricultural. It isnot a small matter to thosedependent on the cultivation of thesoil that the cattle and sheep raisers, thefruit growers, the sugar producers and theflux cultivators should have the same kindof encouragement as has been given sogenerously to the manufacturing and min-ing industries. The direct tendency ofthis fostering recognition will be to divers-ify agricultural production and therebydiminish the overproduction of cerealsfrom which the farmers have so acutelysuffered for many years past.
There can hardly be any doubt as to(he effect of the change in tariff duties.The importing interest recognize the factthat it is going to be very difficult to bringinto the country an amount of merchan-dise equal to tnat which found easy ad-mittance under the Wilson act; not onlybecause the new duties are higher, butalso becaaise the Dingley law is more skill-fully directed toward the exclusion of im-portant classes of merchandise. The man-ufacturers appreciate this fact and are,therefore, more confident of their safetyagainst foreign competition; and havingthis confidence they may bo expected toundertake the resumption of productionupon a scale which they would have hesi-tated to undertake under the lower dutiesnow repealed. On this account, it seemsreasonable to expect that there will be,from this time forward, a much more vig-orous movement in our industries thanhas been witnessed for the last four years;which is the one thing up to this pointwanting to a general recovery of confi-dence and a return to a normal activityof business. This fact begins to have itseffect upon both the investment and spec-ulative interests in Wall street, and thestimulus can only be expected to becomemore apparent as the recuperative ten-dency in manufactures steadily develops.
Concurrently with this impulse to themanufacturing interests, comes a veryimportant in the farmingprospects of the country. The generaldrift of weather conditions is toward theharvesting of ample crops in good con-dition. Winter wheat has been gatheredin excellent condition, and everywhere itsexcellent quality is admitted. A trust-worthy Chicago authority reports, as tospring that iijt) particular changeis apparent from its'liitherto good prom-ise. “The weather has continued whollyfavorable. Harvesting will soon begin inthe southern part of the belt, with every
indication pointing to the probability of aphenomenpl rate of yield. The little com-plaint of rust and other favorable condi-tions which have been met with recently,now seem to be lost-sight of, and thereIs now little probability of any conditionarising after this date that is likely taaffect the promised result." The yield ofthe winter and spring crops combined isr.ow estimated at about 500,000.000 bushels.In respect to the corn crop, one authorityreports that, ‘during the last three weekscorn has made wonderful growth every-where;” and another (the Cincinnati PriceCurrent) says; "Corn has made goodprogress under the influence of favorableweather, and the crop is spoken of quiteencouragingly in spite of the backwardcondition, which seemingly is being rapid-ly overcome.” This, however, is not theonly good feature in the crop outlook.
There is every probability of a largeforeign demand for our surplus of cere-als. The world's reserve stocks of wheathave fallen to an unprecedented relatively
low condition. Argentina, Australia andIndia—usually important contributors tothe European consumption—are threaten-ed with crops so deficient as to necessitatetheir becoming importers of wheat or flourduring the next few months. These arefacts having a most important bearingupon the future price of wheat; the moreso as the present visible supply of thatgrain is now 30.000,000 bushels less thana year ago. The price of wheat at NewYork has ranged about S2V4 cents duringthis week, against 613
* cents a year ago;and yet it would seem that considerablyhigher flgures may be reached as the sea-son progresses. These facts are of theutmost value to the prosperity of the ag-ricultural sections of the country duringthe next twelve months, and therefore tothe business of the railroads; and, comingconcurrently with the stimulating effectsof the new tariff, they assure a measureof commercial activity such as we havenot experienced since 1892.
The large volume of exports assured bythese agricultural prospects, together witha falling off in imports consequent on theadvanced tariff duties, can hardly fall toturn the foreign exchanges in our favorduring the fall months, and it would nothe surprising should we witness extraor-dinary Imports of gold between now andnext January.
Heretofore Europe has wanted morethan anything else our gold, and taken itfrom us frequently at inconvenient periodswilhout hesitation or stint. Our safetynow is through their actual necessities;they are compelled to take our wheatin such large quantities as to enable usto keep our gold; this is especially desira-ble for us, while it is equally desirable tosend out of the country as much wheatas we can at anything like the present re-munerative price to the farmers, therebyshowing necessity knows no law. Hence,while Europe would very much prefet.ourgold, necessity compels them to lake”ourwheat Instead. This Is the most whole-some feature of the present situation, andadds more than anything else to the buoy-ancy in the stock market as well as thegrain market, and is the chief cornerstoneto the structure of prosperity which Isnow building up throughout the entirecountry.
European aid to the stock market hasnot come this lime from their buying oursecurities, but it has come fromtheir buying our products, whichIs the most substantial assistancethey could possibly have giventhis country. Our wheat goes forward forconsumption never to reium; whereas. Ifour stocks had gone forward instead theywould have been sure to have come backagain upon us at an Inconvenient time.In all probability at a higher range ofprice* than they had been purchased al,and the benefit would have accrued to thiscountry's detriment a* measured by theprofits in connection therewith.
BOOK NOTICES.
"For Another’s Sin" is the title of oneof the latest novels of the Globe Libraryseries. The story Is by Bertha M Clay,one of the best known of modern storywriters. Price 26 cents, In paper covers.Band, McNally A Cos., Chicago.
The Klondike gold strike Imparts a pe-culiar value to the vivid picture of bonan-za days on the Comstock, presented In Mr.C. H. Shinn's fascinating hook "The Storyof the Mine," which Is published by D. Ap-pleton A Cos.. New York, who also pub-lish Misa Bddmorc'a Guide Book toAlaska.
THE MAGAZINES.A special feature of the midsummer Har-
per'* lx It* short stories. The opening ar-ticle I* a story by Frederic Remington, ofIndian-fighting In winter, entitled "A Ser-geant of the Orphan Troop." The Illustra-tions are by the author, and Include thefrontlsplece of the number, In color. Inaddition there arc seven complete stories."Sharon'* Choice" Is a humorous sketchof life In * western town, by Owen Wlster,and Is sympatheth allv Illustrated by Ait. Frost "Tic • In tht DeiKbchsn" Is * characteristic romance ofvoyage or day* in Mackinac, by Mary
Hartwell Catherw-ood. illustrated by C.Carleton. ‘‘ln the Rip’’ is a story of farmllfo in Maine, by Bliss Perry, Illustratedby A B. Frost. "The Marrying of Estheris a story of country life, by Mary M.Meats "A Fashionable Hero" is a story
of the city, by Mary Berri Chapman; and"A Fable for Maidens,” by Alice Duer, is
an amusing little comment on the femin-ine attitude towards marrying, put In theguise of a fairy tale. The "Editor’s Draw-er" opens with “A Prearranged Accidenta farce by Albert Lee, Illustrated by \\
.
H. Hyde. Harper & Bros., New York.
' The Fiction (August) number of Scrib-
ner’s Magazine has had a wonderful re-
cord for a decade. It has made the repu-
tations of many new writers and increas-ed the esteem in which the old ones areheld This issue sustains the well-earnedreputation, it contains six complete shortstories by Rudyard Kipling. Kenneth Gra-hame, Frank R. Stockton. Blanche WillisHoward, Molly Elliot Seawell, and JesseLynch Williams, and it appeals to manykinds of taste, for they are respectivelya railroad story, a story of childhood, afarcical tale, a pathetic story, a lightingstory, and a new-Journaltsm story, diariesScribner's Sons, New York.
The complete novel In the August issue
of Lippincott’s Is “Two Daughters of One
Race,” by Edgar Fawcett. It is a domestic
tale of love and blindness, with a singlehero, and two heroines whose charactersare in marked contrast, its wcll-knoivnauthor has done no better work. Othercontents of this number cover in smallspace a wide variety of topics. Frank H.Sweet writes with full knowledge of BirdArtists,” and Joanna R. Nk'h"l > s' of rMarine Hospital Service. Our StreetNames” are discussed by William WaulCrane Dr. A. L. Benedict inquires, AreYou going to Colleger’ and gives rea-sons why you should if you are youngenough and adequately prepared M. A
De Wolfe Howe mediates on A Similitudeof J. B. Lippincott & Cos., Philijflel-phia, Pa.
The most striking feature of the August
Theosophy is the attention it pays to mu-sic. Mr. Basil Crump, the English barris-
ter and popular exponent of Wagner, con-tinues his charming series of articles onthat great musician’s "Music Dramas,
with a reproduction of an exceedingly
rare portrait of Wagner In his prime; andan interview with E. A. Nerezhelraer, thevice president of the Theosoplueal Socie-ties in America and Europe, shows thattheosophists study music from an unusualstandpoint, akin to that of the ancientGreeks, who recognized the creative powerof sound. Its influence upon man's inner
nature is explained. Price 20 cents Theo-sophy, 144 Madison avenue. New York.
The August McClure’s Is Issued as a
special Midsummer Fiction number. Acomplete novelette by Rudyard Kipling,
dealing with school life in England and
army life in India, and obviously writtenstraight and hot from the author's ownnersonal experience, would alone, especial-ly with its admirable Illustrations, mafice
the number distinguished. But there arefour or five shorter stories—stories by < o-
nan Dovle, Robert Barr, John KendrickBangs and others, each more or less nov-el and enticing in Incident and Interest,
and most of them also attractively illus-
trated. The S. S. McClure & Cos., New Yorkcity.
There are two papers in the midsummerIssue (August) of the Atlantic which
should be read by every one who appre-
ciates the beauty and usefulness of our
great forests. John Muir, author of "The
Mountains of California," and the mosteh.-.rminj writer about mountains and for-
ests that we have, contributes the openingpaper on "The American Forests.” It Isa glowing and appreciative description oftheir beauty and wealth, and a powerfularraignment of the neglect that has al-lowed tso large a part of them to be de-stroyed or taken out of government con-trol. Supplementing this paper there Isan editorial article on our “Forest Policy
In Suspense.” In this paper the duty ofthe govirnment to Inaugurate a definiteand vigorous policy i* insisted upon anaa powerful pica made for thepreservation of our forests. Thereare also two other papers thatcan naturally be sioken of together,which are striking studies of two verydissimilar communities In this country.
William Allen White,the well known Kan-sas editor and the author of a volume ofstriking stories of Kansas life, writes on"A Typical Kansas < •ommunlty." He gives
a description of life In a typical communi-ty in this much discussed state—describesthe people, their amusements, their sociallife, and shows the significance of thetown In Its sociological and economic as-pects. Houghton. Mifflin & Cos.. Boston.
The Ladies' Home Journal for August,largely devoted to fiction, presents a num-ber of short stories by the best knownwriters, that will pleasantly employ theleisure of midsummer days. Of specialInterest among these are the openingchapters of Hamlin Garland's latest se-
rial, "The Bplrlt of Hwcet writer," a ro-mance with the 'rugged wilds of the west-ern mining eountrv as it* picturesquebackground, and "The Two Mrs. Ches-ters,” by Mrs. A. B. T. Whitney, ope ofthe ties! stories tliat has come from thepen of that popular author. Arthur Wil-lis Colton contributes a tmthetlc sketeh."The Flowers on Tim Itae's Grave," anilAnnie riteger Winston narrate* a rusticcourtship In "The Jilting of Mary Ellen."Elllnor lal# Runeie, in "Brrgt. Matty,"gives one a view of the heroism of a Hal-vntion Army girl, and her steadfast dp-vo*lon to the causa* In which she lalsirs,ami Grace Stuart Held tells the story of"Her Mysterious Disappearance." An-other siory of powerful Interest Is flirahFarr's "Before the Morning Watch," aQuaker romance laid In the stirring revo-lutionary limes.
Florida Central & Peninsular Railroad Cos.AG Mile. Shortest Line to Tampa, 34 Miles Shortest Line to Jack.oatiile,
TIME TABLE IN EFFECT Jl LI 1!>. ISP7.NORTH. j Train Train |~ SOUTH. ' Train , Train'
n,erldlan time. I Daily. Daily. | 90th meridian time. Daily.| Daily.
l"v otonln ’"""am; 8 10pm||Lv New Y0rk..... ]l2 15amj 4 30pm,
Oil.indo 10 loam 8 ljpml Lv Philadelphia I 3 oOatnj 6 55pmLv Ocala 2 10|>m 2 11am Lv Baltimore i 6 21am| 9 20pmLv Jacksonville | 7 30pmj 8 15am Lv Washington 'll lSaiflfl# 43pmLv hernandina 6 45pmj 7 50um Lv Richmond 112 Oon’iii 2 OuamLv Brunswick |Slspm| 9 30am Lv Asheville I 3 Of.pmlLv Darien | 4 25pmj 9 30am Lv Columbia ;12 47am 11 55amAr Savannah —lll 25pm, 12 13pm Ar Savannah | 5 OOainj 4 35pmLv Savannah jll 35pni|1220pm;II.v Savannah I 5 Want, 4 43pmAr Augusta | 8 10atn|10 45pm j|Ar Darien 112 28pm 7 16pmAr Columbia | 4 24am| 415pm j|Ar Brunswick . 7 4oam'; 8 00pmAr Asheville j 2 40pmI |]Ar Fcrnandina 9 30am| 9 20pmAr Knoxville | 7 25pm| ||Ar Jacksonville 9 10am| 9 30pmAr Cincinnati
**^_a““*”**"l 7 15am] Ar St. Augustine 10 30nmjAr Richmond I 6 25pm| 600am!j'tr ®oa 'a I 2 40pm| 305amAr Washington | 9 25pm] 6 42ambAr a ampn | 7 00pm] 8 20amAr Baltimore Jll 2opm| 8 05am Ar Tallahassee .| 3 30pm|
~
Ar Philadelphia j 2 56am,10 loamjjAr Pensacola 11l 00pm] .....
Ar New York | 6 23amjl2 43pmj|Ar Mobile | 305 am .”"!!!!MAr New Orleans j 7 40am|
| Train || . j Train"I 40 II J I 39
Lv Savannah ] | 500pm Lv Denmark ..........400amAr Denmark ] ] 9Supm Ar Savannah j | 980am
Trains 39 and 40 daily except Sunday, stop for local business.Pulmnn buffet sleepers Jacksonville and New York on trains 35 and 36 and Jack-
sonville and Cincinnati via Asheville without change.Pullman buffet vestibuled sleepers between Tampa and New York on trains 37
and 38, connecting at Charlotte with southwestern vestibuled limited train.For full Information apply to A. O. M Af DON ELL. G. I’. A., Jacksonville FlaN. S. PENNINGTON. Traffic Manager. Jacksonville, Fla.
I. M. FLEMING, Division Passenger Agent, Savannah, Ga.Trains leave from Central depot corner West Broad and Liberty streets.
THE MONEY THEN.
A I tine AN lien Few Stoppi'tl to Counttil#* 4 o*t.
H. S. Canfield In the Chicago Timcs-Hcr-al-J.
Representing nothing on God's earth nowAnd naught in the waters ltelow it,As the pledge of a nation that’s passed
away,Keep It, dear friend, and show it.
Keep It; It tells all the history over1 t’oni the birth of the dream to Its lasi!Modest and horn of the angel Hope,Like our hope of success—it passed!I used to know the name of the author
of that poem on a confederate Jit) hill,but 1 have forgotten, it. There are threeother stanzas as good. They were recall-ed to me by a newspaper friend, showingmo a not© issued by the ‘‘storm-cradlednation that fell.',' The fact that he haskept it all of these years is explained bythe further fact that It cannot be spentfor anything. Seeing the bill broughthack to me the dais when money wasplentiful south of the Mason and Dixonline, and I wondered that none of theorators who deluged; the country withEnglish in behalf of Mr. Bryan last fallhad called attention to the southern ex-periment. The principle of Bryanlsm andthe principle of the government at Rich-mond are the same—viz., all that Is nec-essary to make money Is for the govern-ment to print it and call It money. Thathas been tried once before in the historyof this country, and somebody who wasalive and had his eyes open at that timeought to write a book about it.
Every one In the confederacy hadmoney. Tt was about the cheapest thingextant. It cost nothing, and it circulatedmerrily in bundles. Being wholly of pa-per, it was easily carried. No one knowshow much of It was issued first and last.The secretary of the treasury confessedthat he did not know. The only thing inthe way of its limitless creation was thecapacity of the presses. Even ns it was.the bills were printed much faster thanthe secretary could sign them. There weretwo or three thousand of young ladies inRichmond not averse to earning some-thing in their homes, so the bills weresent to them in sheets, and they signedthem and returned them for a small con-sul) ration. Money could be had literallyfor the asking. It was of no especialvalue to the holder, and parting with itgave the donor a feeling of large liber-ality. A man who chucked a Jl bill intoa beggar's hat naturally felt better forit all day. lie did not stop to think thata dollar in gold would have been a moreprincely gift. A conversation occurringbetween pickets of the two lines downon the South Carolina coast is an instancein point; "Hello, rub." “Hello, yank ”
"Times pretty tough with you, eh?" “Noton your life. Got everything we need."How about the luxuries, reb?” "Got thefn.too.” "(lot coffee?” "Oodles oif R."“What do you pay for It?" "Forty dol-lars a pound." "Isn't that rather high?"
“A little; but we don’t care how higha thing is when we want it.”
With such currency as the sole mediumof barter, speculators ran no risks, be-cause- however high a thing might he onMonday it was certain to he higher onTuesday. For years prices constantly ap-preciates!. This lielng so, "speculator" be-came a term of contempt. That class wasthought to Is* trading and getting richupon the necessities of the people. Finallylaws were passed fixing a heavy penaltyfor the offense of “buying with the- Intentto sell again." Not a few men spent termsin prison for this offense. Prices were fab-ulous. A customer paid whatever wasasked v'thout question. There was noestablished ratio of value between articles.Coffee was sio a pound and tea was S3O apound at the same store on the same day.Dinner at the leading hotel at Richmondcost S2O. and a seat in (lie dress circle ofthe ls>st theater only $6. A copy of theWhig or the Examiner was sold for sl, andtallow candles for $lO a pound. One oftile Virginian humorists expressed the sit-uation aptly. "Before the war,” he said,"1 used to go to market, with my moneyIn my pocket and my haskei on my arm.Now I carry my money In the basket andmy purchases in my pocket."
Two years before the surrender the peo-ple kneiv that the money was worthless,tint It continued to circulate merely le--cause It was called money. Not one man Ina hundred liellevcd that It would or couldbe redeemed, but he took It In exchangefor his goods because his nclghlmrs tookIt. About this time a financial geniuscame to the front, whose name unfor-tunately has not been preserved. Thiswas his scheme: “The government has$1,000,000 In gold. Ist It boldly offer to re-deem bills on presentation. When theyfind they can get their money redeemedthe people will not want It redeemed. Thusconfidence In our currency will tie re-established and we can issue as much ofIt a* we want to." Btrange to say hehad followers vho would have been offend-ed If anyone had questioned his and theirsanity. Thero came a time whin peoplefor the most part were forced back to firatprinciples. Goods became the currency. Aman paid for tile tuition of his childrenwith so many bushels of corn and poundsof bacon. The old days of the coon-skinas a circulating medium had returned.The crisis was brought about by the post-office clerks In Richmond, who resigned ina body and went Into the army, wherethey could draw rations because theycould not support life on their salaries ofTM*W a year.
In the midst of destitution that amount,ed almost to famine som- giant fortuneswere- mode. The fortunate ones wereblockade runm rs. and the plan of opera-tion was simple. They tioughl a fast boatIn Europe uml loaded per with good* atNassau Dodging the federal cruisers in-to Charleston, the goods were sold at auc-tion for enormous sums. With this tro-ney ■rot'.on was purchased and the return !trip made. If a runner mad* one complete Ipassage and lost his vessel and cargu <,n jthe next trip It* would clear more than II'd per cent., as Ills goods were enorm-ously high, and cotton In I lie confederacywas painfully low. without a market forit. Before the runner's goods were put up
THE MORNING NEWS: MONDAY, JULY 2(S, 1897.
Plant System.Train* operated l>y nod, neriuma Time-One hour slower than City Tims,
KEADTJoWN. |j TIME CARD. Tj JtKAD IT.**
_IS I H | 6 I 78 I 32 U r~23—l s—nrrr!8u ") ! Lx- I I i| In Effect June 30, 1897. || | | Ex- | Sun Sun.Om>..only. Sun. |Daily]Daily||
__j;Dally]Dally,Sun. jOnly.jOiity.6 Up] 7 001 6 00a|12 60a 1 12 50p
M1.v.... Savannah ...,Ar| 8 24a, 2 4ouj 7 10|> 11 Oop lT 2oa
■I"-;;- 11 I |Ar Augusta Lv| J 1 Csu11 SP 1. _JP ll 59a( 5 10a] 4 50p Ar ...Charleston Lv|| 6 30a|ll (ftp 335 p 7 50p B’ioai b >P| 4 20a Ar Richmond ....Lv 7 SOp 9 05a Jill 10p| 7 41tt||Ar... Washington ....Lv 3 40p| 4 30a
I 3 45a|li 25a Ar... Philadelphia ...Ia 12 09p|12 05.i ......*
I 6 53a 2 03p Ar New York Lv] 9 25aj 8 Sip)'.’".’.’.’ ""m!Ex. Jsim. !JL I * i 36 If 1 32 | 78 "!
Sun. On.y |Bun. |Daily|Dally]|__
. |;Daily DallyiSun" joffiy. Sum
I?! I $1 7 *! < W oJa \at :::'3!^upa ":::: £<;!! Z6 30p 8 00p 8 40,)| 5 a|U OCajiAr ... lv ay cross Lv 10 10a| 9 30p 6 00a 6 00a 6'ua
lELY’I 1 1 ?f\ -I 2 -"Pi: Ar Albany Lv|| | * 40pj12 55a 12 66a
I H 56a| 3 06p]]Ar ....Gainesville ....Lv] 3 15a 3 65p'| I 1 K>P| 5 25p||Ar Ocala Lvj; 1 80a 2 OGp
; I- I 6 45p| 7 30p|jAr Tampa Lv|| 8 00p| 8 Uou|..!.!" i"””IHWpjU 1p 1 04p||Ar Valdosta Lv]] .... i 0 30pl 4 05a| 4 usal
I 7 45a j 7 45a 9 20pl|Ar ....Montgomery... Lvj I 7 55a 7 45p 7 45JI 7 25p| 7 25p 7 40a||Ar ..New Orleans ...Lv]]! | 7 ft,p 7 55a 77_ 2’> 4 iop||Ar ...Cincinnati Lv||...!!!!|J? ££|u ;;;;;;;
All trains except Nos. 23. 32, 35 and 78 make all local stops.Pullman buffet sleeping cars are operated as follows: No. 35 between Newand Port Tampa via West Coast: and Waycross and Nashville via Mcrnimm.l. e
K32 between Port Tampa and New York via Jacksonville; Nos. 23 and 78 hi.t*2’vi '
York end Jacksonville: Nos. 21 and 25 between IVaycross and at. Louis via vt N ' wcry, and Waycross nnd Nashville via Atlanta. ‘ - ,o, itgom*
Steamships leave Port Tampa for Key West and Havana 9.00 n rn itn„j,Thursdays; for Mobile 10:00 p. m. Saturdays. ' oays and
F.. A. ARMAND. City Ticket Agent. De Soto 1B. W. WRENN, Passenger Traffic Manager. uto <>!.
H. C. Me FADDE N. Assistant General Passenger Agent
GEORGIA AND ALABAMA RAILWAYSAVANNAH SHORT LINE.Passenger Schedule*. Effect ive June 27. 1897.
7J Miles Shortest Operated Line Between Savannah and Montgomery 26 Mil..SliorteHt Operated 1.1no Between Savannah and Columbus.F.'!sr* prr C Llne. II II A. C. Lin." r: ",.. .*
;—•
13lotuiL '| 55pm] 900pm] 930am||Uv ...New Yort. Ar| t FuSpmj 6 63ami 6Z2amU243db>3 SOaffi] 6 55pm11205n’t|12 09n n||Lv ..Phlladdphla Ar||U 25am! 3 45am| 2 66am 10 15am6 22am # 20pm| 2 50am 2 2apm| Lv .-Bull more.... Ar|| 9 06atnjl2 C3n’t 11 35pm 800 .toII luarn 10 43pm 4 3((ain 3 lupin Lv .W ashington.. Ar|| 7 luum.U 10pm 9 25pm 642 .m
10 16pm 9 25am ||Lv ...Charlotte Ar|| j... I'i‘ftiAmi i’ii'12 47am11l 56am! | ||Lv ...Columbia... Ar!j s. ’1 4
8^5 00am| 4 36pm| 2 40am| 8 24am|[Ar ...Savannah. Lv(|l2 smVn|l2 50n’t|ll 35pm'I2 20!’,"*
| 19 | I No-17 II f| TNoTsI ’A>~~j
347am |l2 37n'n||Ar . ...Abbeville.... Lv| 322pm 11 Snm
I 3 00ptn||Ar Amerieus Lv|| 12 sfin’n
-
1 8 20pm||Ar ....Chicago Lv 1040amJ 3 06ani|]Ar Mobile Lvj| |l2 20n't
Connecting at Savannah by all trains." with steamship lines for lialtimV.rA im'.r-adelphla, New York and Boston; with Plant system, and Florida Central and p.Ilinsular; Atlantic Coast Line for points north; with Savannah and Atlantic RniLway for Tybee. * nau~
At Colllna with Collins and Retdsvllle railroad and Stillmore Air LineAt Helena with Southern railway for all points thereonAt Cor.lele with Georgia Southern and Florida for Macon and bevond- .in
Albany and Northern railway for Albany. ueyonu. also withAt Richland with Columbus division for Columbus, Dawson and AlbanyTrains 17 and 18 carry Georgia and Alabama Railway new and magnificent h„fet parlor oars. * * uu‘
Trains 19 and 20 carry Pullman Palace keeping cars between Savannah andAmerieus. "na
Tickets sold to all points and sleeping car berths secured at ticket officeBull and Bryan streets, or at West Broad street passenger stationC*’ earv,t
CECIL GABHETT. First Vice President and Generil Mana<r„,A. POPE, General Passenger Agent. C’ c MA KTIN Agf";
CHAS. N. RIGHT. Assistant General PassengeV A*enf’ BollclUn*
A. M MARTIN. Agent, corner Bull and Bryan streets.
Central of Georgia Railway Cos.VW/’ Schsdulesln Effect June 27, 1897,
GOING iVtjißT. READ DOWN||~ || U(JI7s'(FEAST. RHADUEN0.21,N0. siNo. l|No. 3 |No. 1 II Central jlNojXjNo. 4 |No. 81N0 lu No Jsun.|excpt|excpt| dally.| dally.|j or 90th || daily.| daily. jexcpt excpt Sun.anly.j Sun.j Sun.| | || Meridian time. || j | Hun.| Sun. only.• JUPl'zwp 6UOPI 9OOpj 8 45a|]Lv .. .Savannah UfiTTSTp] 6 OOa| 7 ffliTTßSplluTua7 26p| 306 p 7 04p| 1003p| 9 59aj|Ar ....Guyton Lv[| 6 24p 4 51p 6 48a| 3 46p| 9 42a7 56p 7 36p| 10 36p| 10 3Ua||Ar Oliver Lv|| 4 54p 4 20a| 6 13a .. I9 l--8 16p UUUp| 10 52a||Ar Dover Lv| 4 32p 3 58a| 38 33p 11 19p[ 11 l()u|]Ar ...Rocky Ford..Lv| 4 14p 3 12a: 38 55p 1148p] 11 34a] |Ar Mil Itn Lvj 350 p 3 20a]
"
niulliCilp 6 35ajf 1 Sop(|Ar ....Augusta.... Lvli fl 50p 8 4()p| * ik~
1 52aj 162p]|Ar ....Tennllle.... Lvj 20()p 1 28a ""!!! *
t 1 56p|t 8 SOpjjAr .Miiledgeville. Lvj | 6 30a|fl2 55pt 355 p flO oOp||Ar ...Eatonton... Lvjjt 5 25a|tl0 10u ...”
*
t 7 35p| jjAr ....Cpvington.. Lv|j j)6 46a"
til 47a 11Ar ....Madison Lvj| If 4 38pt 115 p|jAr Athens Lvj| |t 320 p *
til 30a ••l|Ar ..Carrollton... Lv|| f 1 lup
.j 1201p Ar ...Columbus... Lv | | 4 OOpj jj”j *
1 20p Ar ...Opelika Lvj j 2 45p| I**”"BETWEEN SAVANNAH AND TYBEE.
“ F"jaily |"Dally j Dally j Daily I Dally I Dally I Ban. sun.1 sxHun | | | I I only. onlyLeave Savannah IfJOaml I39am| 2 80pm 4 20pin, 5 ;k>pmj 7 45pm, 7 o.iamiUloamArrive Tybee f * 16amj10 30amj 3topm 6 ISpmj 8 43pm| S 85pmj 8 OOam'll 10D4B
| Dally | Dally | Dally j~Da!ly Dally I Daily] Sua. I 'I ' exSun | I eSnn | | only. | only. | only.
Leave Tybee . ! 4 55am] 7 OO.imTTnfeamf# lopm 6 40pm] 9 lOprnl 8 15am;i225pm l 4 45t>rnArrive Savann'lt 6 Ura| 7 50am ll 00 m| 6 05pm 7 35pm; 1000pmj 9 06am| 1 15pmj 5 4’,pro
Trains marked T tun .Umly. except Sunday.Time shown la 90th meridian, one hour slower than Savannah city time.Solid trains between Savannah, Macon and Atlanta.Sleeping cars on night (rains between Savannah and Augusta, Savannah and
Macon, Savannah and Atlanta. Parlor cars between Macon and Atlanta.Passengers arriving Maeon at 1:56 a. m. can rom Sn in sleeper until 7 a. m.For further Information and for schedules to all points beyond our line, apply
to W. G. BREWER, City Ticket and I'aseenger Agent, 39 Bull street.J. C. HAILE, General Passenger Agent. Savannah. Ga.
THEO. P. KLTNE. Oen. Superintendent. E. II HINTON, Traffic Manager
QUICK CASH FOilWhit* Wool |7 clllarlc W001..,,, , nrilnt Hides .....13 ol>ry Ntlt lllilra i| <,
(iriiwi hilt llldri 7 u!\o reduction for Llaht Hides. \\'mx9
Furs and ll<ne> uanlrd.
A. EHRLICH &BRO. tm. 1U and m Weat Hay atrtt
1,000,000 Pounds Hidesand Wool Wanted.
It*. U K WoolDKV H.I.NT 11*01 H i:n.oI.IIt tM sAUt.lilllPKs V '
7IIEKMWAX . gOa
R. KIRKLAND.OLD NKWMI* A1 *K Hft, 2uu for qiqu, mDullness office Morning News.
at auction the government wan given dratchoice at Richmond price*. This wa* trueparticularly of quinine, which the UnitedState* had made contraband of war alongwllh other mcdl'-lne*. In one instance thegovernment 01/talned a large ahlpment ofqulnlna at. 11,100 an ounce, when a specu*l.itor had offend 12,>0 an ounce.
The hlatory of confederate currency willahow feature* of pat ho* and humor with-out parallel*. Incredible a* It may *rem,the oongrea* did not renognise the gravityof the situation until the winter of IKM-m,and then vainly endeavored to palliate Itby the dl*ctt**lon of hare-brained cheme*that havo their oounterpar * In our owntlay; but long before that time their moneyhad become a matter of dally J-st to agreat-hcarle.l itnoph-. They had their grimfun out of It, though they suffered.
—A lady friend of the Time* write* a*
follow*:, I have a conundrum that I thinkI* very good; perhaps It i good enough toprint lit the Time*. Why It tjueeen Vic-toria like till* month of June? Hecauseht rclgi Oand relgna and doesn't give the•un a chance."—tiurtlord Times.
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