Newspaper Page Text
THE WEEKLY TELEGRAPH: TUESDAY MORNING. SEPTEMBER 4-TWELVE PAGES.
11
pythe Present Iniquito
Most Infamous Tariff Law
Laborers degraded and
^tecwl Woolen tmln.trle
Blotted Oot, While Vree Cotton
Workers Extend Trade
and Prosper.
Markets by Telegraph.
Mitcou Cotton Market.
„,„ T Maoon, Sept. 1.—Cotton market firm;
stronger position in woolen markets than ! proprietor is supposed tohaTe^imct'eti: I ^ “'W 9: l* 1 ! 0 *
in cotton marts anil would have but for j is no longer left in Europe. He brings it low QJmauu K o>v oaies ojo.
the infamous tariff Chinese wall builders j here to degrade and humiliate native I bkukipts, shipments and stocks
| of 1883. The heavy duty on raw wool, | labor! j Received to-day by rail 07
STARVINf! 40 t0 100 per cent., has killed our woollen ; Of coarse American workmen will “ “ ' by wagon .110
uinnvmu , industries. The worsted goods branch, in strive to continue such a happy < sic I state stoc * 011 han<1 ?«pt. 1, 1887 >:ti
nil AweoMt itin mm. sil.Msat 1.!nJ U>. Lua 1 qJ tllingS f ^ * ' I R AltsivAll nyAVl'dllslv
all except the very coarsest kind, has been
Almost 1 practically destroyed altogether. There
is nothing of it left. This has thrown out
of work over 40,000 hands in New York,
Rhode Island, Massachusetts and Pennsyl-
vania alone. In woolen manufacture the
American workman becomes as proficient
as in other home industries. But he is
ENGLAND’S WAR PltfcPAltATIoNS.
I Received previously 53,2*21-53,598
j Shipped io-day 2*28
| Snipped previously 62,153-52,381
Stock on hand.,
1,217
paring for a large order, though when !
rrom the New York Herald.
To the editor of the Herald—In a re-
t issue of one of your evening contem- longer a “woolen manufacturer,’’ but a ! any idea. It has been practically settled
Ce " • fthe Evening Post) the fact was 1 maker up of shoddy, of cows’ dogs’ and that the Martini-Henri rifle, with which
porsries 1 , ., , , goats’hair. He can’t get wool to work up the British army is at present equipped, ‘
2,«i that the rate of wages paid by the ■ Frenchman, the F.nolLW - - «• 11 ------ - 1 11 •’
The Brltittli Array to be Equipped With
Now am| improved Guns.
F rom the London News August 16. ; | Nkw York, Sept. l.-Noon.—notion mar-
l^he^great factory at Enfield Lock is pre- * quiet; sales 196; uplands 10J£: Orleans
H. Futures opened aud closed steady.
“protected to-death." His employer is no i the order may come nobody seems to have | Evening—Net receipts 0, gross 365.
longer a “woolen manufacturer, but a | any idea. _It has been practically settled | tures closed very steady; sales £0,700.
Fu-
, -.,1 that
Inion Steel Company, Chicago, was fifty
cent, higher on an average than those
the Edgar Thomas Steel Works, Brad-
dock Pa. This does not merely show, as
the Post observed, that it is useless to
argue against a reduction of the tariff from
, difference in the rate of wages between
different countries. It shows that in this
country a steel company can do business
,t a profit in the neighborhood of another
company ‘ and yet have to pay fifty per
cent more wages; it shows conclusively
that the profit 8 0e “ t0 tIie manufacturer and
not to the workingman. The price of steel
rails, for instance, being a fraction of the
foreign price plus the tariff, the profit to
the manufacturer is so great that one com
pany can pay fifty per cent, more than an
other in wages and still make lots of
money. When different companies are
carrying on the same kinds of business at
different costs of production and selling
their goods in the same market there is no
escape from the conclusion that the market
price is artificial and the difierence in the
cost of production is so much clear and
unjustifiable extortion (profit it is called)
on the part of the concern pacing the
lower rate of wages. Critic.
Newport, R. I., Aug. 26, 1888.
“Critic” is right. The Herald lias re
cently pointed out this very fact. Admit
ting that American ironmasters pay $1.67
i ton more in wages for making steel rails
than the British manufacturer, UncleSam
generally allows $17 a ton more to the
American than toe Englishman can ob
tain. The real difference of labor cost on
aton of metal here and abroad, however,
is not more than one dollar. Hen^e it is
easy to see how one company can pay fifty
or even one hundred per cent more for
wages than another aud yet rake in tre
mendous profits. The working man doesn’t
get anvthtn'g from this arrangement. The
msn'i^scturer gets it all.
As for foreign competitors being pro
hibited by the higher cost of labor . nero
the very reverse is the fact. Take, for in
stance, American cotton goods. In all the
better grades, such as Wamsutta and New
York mills, America is underselling Eng-
land even in her own markets, and while
both England and America pay high wag.
u coi pared with wages in Germany, yet
Germany, where labor is abnormally low,
has thought it necessary to guard itself
atrainat American and English cottons by
imposing an almost prohibitory tariff
against them. American cloths are profit
ably sold in Germany to-day, nevertheless,
Lizes': shake is cotton mills.
Now the hours of labor in Germany
range between sixty-six and seventy-eight
hours a week, fifty-six hours in Great
Britain and sixty hours in Germany. Here
is the cotton workers’ weekly wage list:
Massachusetts. England. Germany.
Men... 86 07 to *11) 00 So is to S» 10 *2 38 to So 40
Wom’n 4 US to 4 DO 390 to 156 2 14 to 239
Bon.... 2 59 to 297 218to 30* — — -
If the wage Hat governed sales how
couldAuerica compete with either England
or Germany? The fact that we do suc
cessfully compete with them in cottons is
sufficient evidence that the labor issue, as
insisted on by republican politicians, is
false to its basis. Cotton manufacturers
have free raw material. They have the
same privileges in the material market as
foreigners. With better paid and better
m'eur, with unstinted energy, skill
and perfect machinery, the American en
ters the markets of the world and takes
* profit even where labor is low
priced, where epecial tariffs are raised
•vainat him and where competition is keen
and perpetual. If the earnings of the
•orbing people nlone determined prices,
Americans could not have a chance in for
eign markets. It is not the earnings which
control prices; it is the amount and quality
of work. Impartial inquiry proves that
countries whose productiveness of labor
has attained the highest result are
Jbose whose wages and earnings are
higheat. On the other hand, low
w *ges mean low production. The
well fed and fairly well paid American
does more and better work than either the
hnglUhmin, German or Frenchman in
home textile mills. There is no gnin-say-
,D g this stubborn fact. Take one man tn
w*ch of the industries of wool, cotton and
it’ l'** 1 118 lln 'f hhis country,
and the difference in productiveness ol
^Americanoperative is apparent at *
Am.-I Cotton. Wool. Silk.
G *!P* n T 27)4 00 63
lo manufacture 300.u00.000 pounds of
*W enttnn 1 1 f..
V® r cquired to work up 740,000.
- pasnJn uf raw cotton. A iaiccaiuuai
( T w, . , " e line in this way: A German
produces about 1,800 pounds of
“»ed cotton gooda in a year, while his
Pounds* 11 com I > * l ' tor produces about 4,350
absurdity ok toe cotton tariff.
futile and stupid that tariff of 40
p*r cent, against finished cotton
lari ' **T. in ** >e * aee °f these startling
w- I lacing the cost of material nt
. ."Tone, and the cost of labor in a
of goods at twenty-nine, the rcgula-
•tnff*fHoportions of, the duty on a yard of
orbed covers the actual cost of
«r by more titan three times, even
ming the labor price on the European
^tabea. high.s i. ts here.
States has assume I a corn
el Position in the cotton industries
cou» , d - S‘i» every hale and case of
En.u l ? >0 *“ hold tn Holland, Germany,
£&?■* a ud China has to meet the com-
"‘“on of so-called pauper labor. In
of 21!* 8x P°rted nearly $14,000,0<H> worth
' * .•„!«, odor,',I and mi.Mlorol, of
andr l , ' n Kl*nd took about $800,000 worth
lt7> r “wny, France. Canada, China and
y*t.n 1 I ’■’ ,: ' nc ''. Of fancy kind* not
' !*•***• we imported about $3,000,-
t.- J***! *11 told. Within a year or
all L- *’ -'--r, ewi-n theiHi fancy goods will
r. ,-iT ‘here. There will then be
h,;:T‘ t? import. Will the high duly
18 utA'ntained for the benefit of a few
as the Frenchman, the Englishman
and the German does. So the
American operative has only the most
wretched stuff' to work on, causing him Jlo
labor like a slave to earn from eighty to
ninety cents a day in many mills. His
foreign brother, however, with pure, lus
trous material to handle, jogs alougquietly
and makes a fair living while handling
only about one-sixth of the quantity worked
up by an operative here. Thus, while the
Frenchman is content to produce annually,
say, 680 pounds of finely finished woolen
goods, the American must handle about
,500 of mixtures—little wool, and much
hair, cotton and filth. In fact, our Ameri
can woolen weaver aud spinner is the vic
tim of a barbaric law imposed by modeyn
barons. He is a victim of conspiracy by
Anglo-American capitalists, just as the
poor wretches are who work in the iron
and steel mills of Carnegie & Co.„in Penn
sylvania, and their imitators in Illinois
and Ohio.
WILL AMERICANS OBLIGE MB. BOLL?
Yet the American woolen worker is told
that if he votes to secure free wool and
maintain the principle of the Mills bill—
fair trade, with 40 per cent, protection—
he will be playing into the hands of Great
Britain and other continental “pauper”
manipulators. Why, the present tarili' i»,
in popular parlance, “nuts” for European
worsted and woolen manufacturers. From
$60,000,000 worth of fine worsteds they ex
pect to sell us about $100,000,000 worth
this year. Tltey can land their highly fin
ished goods here—which the riclt and well
to do generally seem determined to wear—
pay all transportation charges, freight,
commissions, insurance, etc., and sell for more
from 10 to 18 per cent, less than our man
ufacture*, can make them for here under
the present prohibitory wool tariff on yarns
and wool generally.
And this while 40,000 of our people are
walking the streets, “living in compulsory
idleness on wind pudding I”
With improved machinery, intelligence
and free wool the American millworker
can nrnduce fine cloths and ladies’ dress
gootfs of equal finish and quality to those
of the most celebrated mills of Europe.
But he can’t obtain the free wool. Hence
he can’t produce the class of goods most in
demand. Hence the merchant imports
goods made by foreign labor on foreign
soil. Ilencc the operative is cheated out
of his work and wages. Hence the Anglo-
American “clique” is becoming richer and
richer, while the poor devil of a woolen
worker is becoming poorer and poorer.
Consul Griffith, writing from New -South
Wales,(puts the case in a nut-shell when he
says:
In the event of the reduction of the
:tics on Australasian wools, or of the
admission of that class of wools peculiar
to this country and not grown in the
United States, the American mill owner
would soon be in a position not only to
undersell in his own market all woolen
fabrics of a foreign make, but to compete
successfully with other woolen manufac
turing countries in the various markets of
the world. • • *
At the same time the American flock
master would not experience any loss by
the change in the tariff, as the wools im
ported would he of n different quality
from those which be is able to produce-
HANDICAPPED ON AI.L SIDES.
It would be surprising, indeed, if with a
specific duty of ten cents a pound on wool
in the grease, on low wool prices all over
the world at the command of foreign com
petitors—a duty higherthan the total labor
cost—our manufacturers could stop the
enormous importation of foreign cloths
now going on. So the fine finished goods
arc imported while the American produces
shoddy. So frauds at the custom houses,
undervaluations by false invoices, are per
petrated for tho benefit of foreign and
home traders in “combines” and a few rich
wool brokers and carpet manufacturers,
So the workman, such a factor in election
times, is left without work or means of
subsistence the greater part of each year,
and if he “kick," cheap labor is imported,
there being no import duty on British,
German and Italian brawn and muscle,
and lie is told to go to hades.
A glance at the disgraceful scenes in the
tariff committee’s rooms in Washington
in 1883 tells how little tho ‘.‘patriotic
employers” thought of the workingmen
when they assembled in force, and in a
pull Dick, pull Devil style compelled con
gress to build up and pull down tariff
walls, solely to benefit the few to the re
tirement of the masses. Merit was lost
sight of in the Morrill measure. Mr.
Grimes of Iowa said of it:
“You mxy rely on it there were not
three men in the Senate, whose honest
convictions were for the bill. They voted
for it by a sort of coercion—one because
wool was in it; another because iron was
in it; another because lumber was in it
! !l ...iifafnr-r* s
to besuperceeded, and that the new rille
will he a “bolt”-gun in some form. Be
tween any form of a “bolt”-gun and the
Martini-Henri there is a difference of type
which renders it impracticable to manu
facture the two guns with the same ma
chinery. Much of the machinery hitherto
in use at Enfield, therefore, will have to
be superseded; indeed, to a large extent,
the exchange has already been effected. A
large amount of new mechanism has
already been set up, and tho establishment
is busily engaged in completing arrange
ments for the manufacture of a new type
of gun whenever the secretary of state for
war sit nil deem it advisable to give the
order. About five hundred guns of the
new kind have been made at Enfield, and
these have been issued for use in various
parts of the world and under various con
ditions of service, and when they have
been tested and tried under all sorts of
circumstances and the secretary for war has
had reports on their behavior, he may
then issue orders for the great machine
down there on the banks of the Lea to be
set in motion and new rifles to be turned
out with all speed.
The new gun is of the Chassepot type—
the breech-loading, center fire, needle gun
of the French, of which, in ditlerent parts
of the world, there arc several forms
extant. It has a magazine for seven or
eight cartridges, and its advantages over
the Martini-Henry are that it is a gun of
reduced calibre, and consequently a
smaller cartridge, while it has au increased
range and less recoil. The bullet is
■smaller in diameter than that of the Mnr-
tini-Henry, but in proportion to its weight
' i rather longer, and has
penetrating power. The gun
also permits of the use of an improved
ponder giving a propulsive power half as
much again as the Martini Heorv car
tridges, and this, combined with the
smaller calibre and the elongated bullet,
gives a more horizontal sweep to its line
of fire. A bullet, instead of curving over
the head of one enemy and dropping out
of the air on to another, may by its Tower,
straights? cut it? ®?.y through both.
The range of the new gun is greater than
that of the old one and within its range it
is a deadlier weapon.
One department of the factory is devoted
to the manufacture of machine guns.
They can turn out here about four Nor-
denfelt guns a week—those frightful en
gines which by simply working a level
backward and forward will pour out uylbn
an enemy a storm of from GOO to 1,200 jml-
Icts a minute. There sire several foruab*
machine guns here, all of them capable of
pouring out deluges of lead in a manner
which seenv to reduce modern warfare to
a sheer absurdity, and cannot but suggest
l lie thoughi that tho ihtnr iiiuSt be Deal nt
hand when war must cease from the
sheer imDOSsibility of men getting near
each other to fight. Tliere seems
to be a ray of hope here; but the superin
tendent of the Enfield factory, like all the
best authorities on such matters, pooh-
poohs such an idea. It is all a matter of
attack and defense, ho says: One side gets
possession of a gun of exceptional deadli
ness. and the other immediately sets to
work to devise a defense. As soon as the
defense proves effective the attacking
party has to improve its guns Aud 60
the game goes merrily on till the mad
world from sheer exhaustion shall pause
and begin to grow sane and endeavor to
compose its differences on principles of
reason and righteousness.
The following table shows the opening
aud closing quotations:
Feb.
1, Closed.
9.IVI-G*.
9.r.«i07
y.56 :>:
9.7J-7-.
Mar
Apr
May....
Jane
July ...
Auk....
Open'd,Closed.
9.80-81
9.8.S-89 | 9.88-89
9.'<d | 9.96-97
I j.OM)5 I 10.1405
U- .04 I 1U.1U 12
!
The Telegraph's dally New York cotton mar
ket is now nightly compared with llgitres kind
ly furnished by Mr. H. It. Reese, Maeon. South
ern representative of Hubbard, Irlco Jc Co., aud
may he relied on.
COTTON SUPPLY.
Nbw YORK, Sept. 1.—Total visible sup
ply of cotton for the world is 831,897 bales,
of which 661,997 is American; against
1,218,667 and 615,467 respectively last year.
Receipts at all interior towns, 13,092 bales;
plantation receipts 22,803. Crop in sight,
bales.
New Yore, Sept. 1.—Cotton market
quiet; sale, to-day 191; uplands 11)4; Or
leans 11; net consolidated receipts at all
ports to-day 4,609 hales; ezports to Great
Britain 502; stock 1M,'»05.
Galveston, Sept. 1.—Cotton market
steady; middimi uplands 911-16; net receipts
144; .-ss 144; sales 392; stock 5,333.
Norfolk,Sept. 1.—cotton market steady;
eiiMoung upland, 9)4 for new; net receipts
26, gross 26: sales 26; stock 163.
Baltimore, Sept. 1.—Cotton market nom
inal; middling uplands 10)4; net receipts 0,
gross 700; sales 902, all spinners; stock 348.
Boston, Sept. 1.—Couon market quiet;
miduunga 11)4; net receipts 25, gross 29;
sales —; stock—; exports to Great Britain
302.
Wilmington, Sept. 1.—Cotton market
steady; middlings 9)4i net receipts 22S, gross
22s; sales—; sun k IsO; ezports coastwise 60.
Philadelphia, Sept. 1.—Cotton market
dull; middlings 10 t5-16; net receipts 0;
gross 0; sales 0; stock 2,355.
Savannah, Sept. 1.—Cotton market firm;
middlings 9)4; net receipts 1,813, gross 1,813;
sales '.""I: auiek !V>2S
New Orleans, Sept. 1.—Cotton market
dull; middlings 9)4; net receipts 214, gross
260; sales 83; stock 20,189; exports to Great
Britain 100, coastwise 306.
Mobile, Sept. 1.—Cotton market quiet;
cuudiingb9>4; un receipts 307, gross 307;
sales 50; stock 1,602; exports coastwise 216.
Memphis, Sept. 1.—Cotton market quiet;
middlings'.! 11-16; receipts 9; shipments 40;
Augusta, Sept, i.—Cotton Bteady and in
fair demand: middlings, 9)4 for new. net re
ceipts 162, shipme-uts ; sales 211; stock
Charleston, Sept. 1.—Cotton market
sidaily; middlings 9J4; net receipts 384, gross
3tj4; sales 425; stock 2,632.
Grain iiud Provisions.
export demand; options 11 to 15 points
higher on Chicago manipulation. 8ep-t
tember$9,77a9.70, closing at $9.70 bid; Octo
ber $9.47a9.60, closing $9.60 bid; refined,
fair demand continent, $9.30; futures firm.
Freights active.
Baltimore, Sept. 1.—Flour quiet and
easy; Howard street aud Western superfine
$2.S0a3.15; extra$3.40a-1.15; family $4.40a49;
city mills superfine $2.6m2.S0; extra $3.40a
3.90; rio brands $5.00. Wheat—Southern
quiet and sternly; Fultz 98a$1.01; Longberry
99a$1.02: western fairlv active- nml steady -
No. 2 winter red, spot 96)4ai6)4. Corn-
Southern dull, nominal; white 51ao7; yellow
65; western more active and steady.
Nkw Orleans, Sept. 1.—Coffee in light
demand, holders firm; Rio (in cargoes)
common to prime $12.25al5.75. Rice dull;
Louisiana, ordinary to good 3)$a5)4.
Cotton seed products nominally unchanged;
prime crude oil 37a37)4; summer yellow-
30. Coke and meal 21 per long ton, f. o. b.
Sugars quiet; Louisiana, open kettle nominal,
prime h)4, fully fair common f> 5 4;
Louisiana centrifugals, choice white 7*4:
choice yellow clarified 7)4; prime yellow
clarified 7)4-07 5-16; ofl yellow clarified 7.
Molasses steady; Louisiana open kettle, (air
to good fair I9n2t); choice 33a3o; common to
good common 15al7; Louisiana centrifugals,
prime to good prime 18; strictly prune 20a22;
fair to good fair 16al7.
Mwvnl Hunea.
Nkw York, Sept, l.-—Turpentine strong
in demand at 37a37)4- Rosin neglected;
common to good strained, $1.02)4al.07)4.
Wilmington, Sept. 1.—Turucuune firm
at 35. Rosin dull; strained 70; good
strained, 72)4- Tar steady at $1.40. Crnde
turpentine firm; hard $1.00; yellow dip and
virgin, $1.80.
Ch.vrlkston, Sept. 1.—Turpentine firm
at35'4. llnsiu quiet at 75 I str lined 75.
Savannah, Sept. 1.—Turpentine quiet
at 35. Rosin dull at 80.
Wool.
New York, Sept. 1.—Wool in good
demand and firm; domestic fleece, 28*41;
palled, 20*36; Texas, 13a22.
MACON market repobt.
West Virginia black, 17c; lard oiL 30 to «5e:
ootton seed, 60c; headlight, 76c; keroaena,
IS®! neatfoot, 78o; machiiAry, 26 to 36e;
mineral seal, 48c; ootton seed, refined. 55»;
Tanners, Newfoundland end. win.
Paints, etc.—White lead, strictly pnra,
55.50 to $7! furniture varnish. $1.50 to SI;
soach varnish, $2.50 to $3; cabinet glue, 10«
to 40c; white glne, 30c to 35o.
Cinnamon Bark—Per lb, 12 to 13o.
Cloves—20c.
Conosntrated Lye—$3 76 to $6 26 ]
titoek.s and Bonds.
Oorrinuid dally by Solomon ih Brown.
Good demand for money. Securities
wry dull.
8TATH BONDS.
Bid.
ctourgia 4)4 per cent, due 1915,
January and July 107
C«t. 6 per cent. 1889, January
sad July 100
Eeorgia 7 per cent, gold quar
terlies, due 1890 -.103)4
Jeorgia 7 per ceut. due 1692,
January aud July 105
Georgia 7 per ceut. 1896, Janu
ary and July 116
RA1I.RO AD EONDS.
Lugnata aud Knoxville 1st mort
gage 7 percent.dne 1900, Jan
uary and July ...-108
Central railroad joint mortgage.
Asked.
108 £
101
104)4
107
116
110
110
another because it loiitiiscd A drawback
on ship materials—but all condemning it
as an entirety."
No wonder that Pig Iron Kelley de
clared its successor, the present measure,
which is Morrill’s bill intensified, “th.
most iLfamous law ever put upon the stat
ute books.” It was “most infamous” in in
treatment of the woolen schedules, for it
has deprived forty thousand pe pie of
their daily broad and handed one of our
must profitable industries over to England
and other “pauper labor” countries.
It imposed a tax on wearers of woolen
of 67} per cent. In theory it was to offset
wages 25 per cent, higher than the foreign.
In fact, the tax was four times greater than
the total amount paid for wages.
It gave an annual bounty of $27,600,000
to Carnegie A Co., the Anglo-American
It has caused an incre
eign mads goods, while
cost to the consumer ab
higher ih in would .-'her
ising flood of foi
still making til
nit 42 per cei
s is.- prerail.
Instead of balancing the difference be
tween wages paid here and in England on
the “true protectionist theory," this in-
famoiis law takes forty-two per cent, or at
least two anil one-half times more than
the entire amount of wages paid.
This ‘ iniamous law" of 18«3 is what the
workingman is asked to sustain. The
woolen worker ought esjecislly to shout
for it, because if it continues in force he
A Twenty-Eight-Story llullding.
From the Boston Globe.
A twenty-eight-story office building 1b to
he erected in Minneapolis by L.B. Buffing
ton, an architect of that city who has
obtained a patent on a method of iron
building construction, which, if practi
cable threatens to revolutionize the art of
modern building, The building is thus
described:
“It consists of two continuous skeletons
of iron, commencing on the iron footings
and continuing of iron and steel to the
full, bight. The framework consists of a
series of continuous laminated, riveted
iron posts, diminishing in size as they
ascend; braced diagonally, after the man
ncr of lattice bridge girders, and horizon
tally braced by the iron beams
ol each floor, which form an
tcgral portion of the building. The
whole frame is covered on the
exterior with a non-conducting substance
of absolute reliability. The exterior
formed of stone and copper. The atone is
carried at each storv, or oftener when
iu-i-e-Miry, by means of horizontal shelves
of iron, the shelves themselves being
hidden by the stone. The roof is to be
of tile, except the apex, which will be
formed into a glass lookout, from
which a necessarily Vast expanse may
he viewed. The first story will be a grand
rotunda, with twelve elevators and two
•light; of stairs sitnatc! in *b» center. r ~
elevators arc arranged so that each two
floors have their own elevator—that *lhe
pa-sengers for the twenty-second or twenty-
third story r for instance, may make th
trip without stopping, thus expediting tin
service greatly. No woodwork will ap
pear in the building except doors and win
dow Basins. When finished no port ion of the
construct! anal iron will be visible. Con
traction and expansion are provided for
under the patents. Each office has its safe
or series ol sales built in the outer wall
and forming a part of their structure,
which, th-- architecttcltima, is a featun
never before used in builaing Anotlu-
important cor
strnction is tli
walls, as tho
building do
27 inches,
light and air
does not we
ordinary mast
i- much chea
lactation in the iron con
reduced thicknest of th
• on the exterior of th
not in any part exceed
thereby giving
> the offices. The building
[h one-half as much
try one of the same size, and
er and more quickly built
TIie building i- 80 bv 80 feet on the ground,
250 feet to the top of the glass lookout, and
contains 72- large office-), all of which are
outside rooms.
A Goto) Prescript
fish-hoitPin his throat he should send for
Dr. Cleveland.
, Grain uuu
Chicago, Sept. 1.-
Cash quotations were
allows: Fiour market quiet but firm,
toi fancy winter patents $4.60al.75;
ee to fancy hard spriog patent $5.15a
i Wheat—No. 2 Bpring 91)4a92!4;
No. 2 red 92. Corn—No. 2, 44)4. Oats—
No. 2, 24)4a24J4. Mesa Pork 14.22al4.22j4.
$7.£0a$7.S5. Short clear $9.00a9.25. Whisky
Leading futures ranged:
Opening. Highest.
Wheat, No. 2—
Closing.
September.
93X
93H
02%
October
91X
• 92)*
Wi
November..
92)4
92X
Corn, No. 2—
-. 44X
44J4
44K
November..
43X
43?4
43
September..,
Oita No. 2—
.. «X
45
44%
September.
24 X
24 X
24
October ....
.. 24X
.. 28X
21)f
34%
May
2S«
28%
Mess Pork—
September.
..$14.10
$14.25
$14.22%
October
.. 14.17X
i4.:;o
14.30
January
14182 H
13.60
Lird—
October
. 9.45
9.60
0.57%
November.
. 8*6234
S.C7)i
8.67%
8.45
8.50
8.45
8.60
Short Bibs—
September.... 8.25
October. 8.35
St. Louis, Sept. 1.—Flour higher and
steady. Wheat closed )4 above yesterday.
No. 2 cash 93)4; Dee. 95*9554- Corn quiet
and firm; No. 2cash 41; September 4lnili-4.
Oats dull but firniL No. 2, etu-li 25)4; Sep-
21)4; October 24J? hid. Whisky steady at
1.14. Pro-visions firm—Pork at $15. 0, lard
at $9.12)4 for current make; dry salt meat
shoulders $7.60; lougs anil ribs $8.72)4a
a8.87)4; short clears $9.12)4a9.25; bacon
shoulders $8.25, long aud ribs $9.35a9.40,
short clears $U.62)4a9.70.
Cincinnati, Sept. 1.—Fiour steady.
Wheat good request, steady—No. 2 red 90.
Corn steady—No. 2 mixed 40. Oats slow
—No. 2 mixed 26. Pork quiet at $15.00.
Lard scarce at $8.90. Bulk meats firmer.
Short ribs at 48.:i7<>.. Bacon firmer and
unchanged. Whisky steady at 1.14. Ilogs
scarce and stronger—common to light $5.00a
6.35: picking and butchers $$6.00a6.60.
XA>uiRViij.it, Sept. 1.—Grain and
provisions unchanged. Wheat, new No.
2 red 76)4; No. * 2 Lrngberry,
new 77)4. Corn—No. 2 mixed 47; No. 2
white 52. Oats, No. 2, new 25)4- Provis
ions strong. Bacon, clear riba $9.25; clear
sides $10; shoulders $8.50. Hulk meats, clear
sides $9.00; shoulders $7.50. Hams, sugar-
cured $12.00413.00. Lard, choice leaf, $10.50.
New York, Sept. 1.—Southern flour
dull; common to fair extra $2.90a3.45;
rvAAil ilk - nkninA *'l JCs>$ t£ ar<At
fieavy, very doll; options very dull aud tia
% lower, closiqg steady; No. - r«-d deptem*
ber9SJaa98J6; October 09Ha$1.00: Novem»
ber $1.00j<al.01K» closing $1.01. Corn, spot
Bteady and very quiet; options dull at x A*\i
lower closing steady; September 537*J
October 64a.'*4'November Oat*,
spot 1 to 2 cents lower, closing dull; opticus
neglected and unchanged;tk*pteojberclosing
October rioiing JQW; November St;
No. L\ spot i\»**i .i-iti).
Jfor»« firm. Votive, no hvmion of exchange
io-uay; spot, Kio firm but quiet at 14X for
ir—Raw quiet but firm; Rio
ifug.il*, 9t> test, ti'*;
ined active aud firm
tX; extra O 6^; whi
JatiK; oft* A ♦» Id
strung
xtra C<
ds4?
■ihed*
loaf 8
pulated
EUUni lauuinu jvuii
7 per cent, dne 1893, Jan. and
July 108
Columbus aud Borne 1st mort-
jjago endorsed Sj>er cent. 19M,
Columbus and Western 1s t mort
gage endorsed 6 per cent. 1911,
January and July 106
Seorgia railroad non-mortgage
3 per cent. 1897, January aud
July—. 106
Georgia railroad non-mortgage
a .... ..nt, 1910. January and
jui>'.:.". - no
Georgia railroad non-mortgage
8 per cent. 1922, January and
July —
ICarlettc and North Georgia 1st
morigage 6 per cent. 1911,
January and July 104
Mobile aud Girard 2d, 1889,en
■toned 8 ps.ct. mortgage Jan
uary and'Jnly 100
Montgomery and Eufaula lit
mortgage endorsed 8 per cent.
1909, January and July 106
North Eastern 1st mortgage en-
domed 7 per cent. 1896, May
and November 113
Ocean Steamship Company en
dorsed 6 per oent. 1892, Janu
ary aud July 101
Western Railroad of Alabama,
2d mortgage 8 per cent, 1890,
April and October 104
Gaorgia Southern and Florida
Ailroad 1st mortgage 6 per
cent 1927, January and Jtuy_ —
RAILROAD BTOOXS AND DRBRNT
bid.
Atlanta and West Point stock...107
Atlanta and West Point de
benture* 101
Georgia railroad stock 197
Control railraad (toek ..,,117
Central railroad debentures.......100
lugnataand Savannah railroad
stock 130
Southwestern railroBil stock r.'.'i
LOCAL WtCURITItH.
Macon 6 per cent, bonds, dne
1910 110)4 111)4
Macon guengbt 1st mort. oper
cents, 1910 104 106
Macon gaslight 2d mort. 6 per
c.euU, 1902 100 102
tfaoon gas and water consoli
dated 1st mort. 6 per cents,
jjj
ll vwn ga* and water stocks 80
Wesleyan College bonds- 106
Macon Fire Ina Co. stock. 99
Macon constriction stock
BANC STOCKS.
Capital Bank stock 70
Central Georgia Bank stock ....
Exchange Bank stock 160
First National stock 160
Merchants' National Bank
Macon Havings Bank 90
Centra! City Loan and Trust Co.
stock.. - 94
Dry Ortons.
Ball Thread—Eagle and Phenix, porfoot,
16c.
Brown Shlrtingi—Waynmanviile, 54,6J4o;
tvonala, 54, 654o.
Brown sheetings—Waynmanviile,4-4,<54c;
ivonala, 4-4, 65io.
Bleached Shirtings—Fruit of Loom, 54.
4Mc; Cabot, 54, 7)4c.
Bleaohed Shirtings—Yard wile Fruit of
Loom, 9)ic; Wamsntta, ll^s; Ljulale, •:
Oabot, 8)4o.
Osnabures—Corinth and otner standard
brands, 6 oz, 8o; 7 os, 8J4o; 8 os, 9o.
Corset Jeans—Rockport, 654; Androaoog.
CtHumiceag sattee'n, J'/ia' '
Kentucky Jeans, 25)4 to 40c per yard.
Prints—Pacific, 6)4o; Windsor, 6)4o;
Allens, 6)4o; Americans, 6)4o: Hamilton,
5:4c; Conestoga, 5)4c; Lodi, 6o; Charter
Oak, 5o; Berwick, 4)4o; Rsmpapo, 3)4c.
Shirting Prints—Merrimac,5)4o;American,
S)4o; Anchor, 5o.
Checks—Rescue, 6)4o; Auburn, 6)4o; Maa-
!ope», 6)4o.
Ticks— Conesta, extra, llo; Conesta, az
ua, 54, 7)4o; Shetncket, 1, 8c; 8 F P, 10c;
Thorndike, O O, 9c; Thorndike, O O, No.
180, fancy, 10)4c; Amosaca USA, 14o.
Yarna—Flint River, 85o per bunch.
Frails huiI Mats.
Apples—6.00 to 6.60.
Cranberries—Cape Cod $8.00.
Figs—Dryer choice 12)4 to 15o.
Bananas—1,50 to 2.00 per bnneh
Citron—50c.
Currants—7o.
Dates—5 to 10c.
Prunes—9 to 12)4c.
Oranges—None.
Lemons—$4.75 to $5.00 per box.
N uts—Tarragona almonda 18o.per lb; Prim
cess paper shell, 26 to 26oper lb; Naplaa
walnuts 16c per lb; French walnata 12c
per lb; filberts 13o per lb; Brasils 12o par
lb; pecans lOto 13c per lb; coooannta 40310 te
$45.00 per 1.000.
Raisins—New layers $2.60 to $2.76 per box!
New London layers $3.00 to $3.26 per box;
ooae museatel $5.00 per box.
Hardware.
Axes—$6.00 to $7.00 dozen.
•Bar lead—7o per pound.
Buckets—Painted $1.35 per down, cedar
3 hoops $3.25.
Cards—Cotton, $4.50.
Chains—Trace $4.00 to $6.00 per down.
Homes—Iron-bound $3.60 to $4.00.
Hoes—4)4 to 4)4o per lb.
Iron—Swede 6 to 6)4o per lb, refined 2)4e
basis.
Measures—^Per nest $1.00.
Nails—$2.40, basis of 12d. ^
Rope—Manilla, 15c; Sisal 120; cotton lfiek
Washboards—$1 25 to $1 50 p r doien.
Well Buckets—$3 75 per dozen.
Wire—Barbed wire 5o per poand.
Shoes—Horse $5 00 per keg. Mule ekeee
$6 00.
Shovels—Ames $9 00 per doien.
Shnt—Drop $1 35 per bag.
SiiterB—$1*25 per dozen.
Steel—Plow 4)4c per lb.
Tubs—Painted $2 40: oedar $4 60 par doe
Hides, Wool, Etc.
Hides—Green salt,
■altljper pound 6c.;
5o to 8c.
liked.
108
102
198
118
101
132
124
95
82
116
100
96
«6
Gunned Goods.
Apples—1 Hi uvns, $1 per dos.
Blackberries—2 lb cans, $1 per do!.
Chet.-ies—2 lb cans, $1.16 per dot.
Corn—2 lb cans, $1.25 per dor.
Potted Hh.h—70c. for )4i «n.1 *135 for gi*.
Baipberr.es—2 lb cans, $1.80 dos.
a.«L I IV —». tt vr. ; • .uni. i-LAC
Straw oerrrtes—3 if) cans, $1.50 per iloz.
Eg Beans—2 U cans, $1.50 psr dot.
rotii.itoes -2 lbs, per dot, 96o, 8 lbs $1.25
er dor.
(« ntry frotluoe.
Apple*—Dried iHe; evaporated 8c,
Caobave—8 to 12c per head.
Dmd reaches—.Strictly No. 1 peeled, 10
l2o per lb.
gegs—10 to 12.
Batter—20c.
Feathers—Choice gecio, 60 to 56; lulled
60c.
Onion •—Yellow, $4 50 to $5 00 per bbh
i try—From first bauds; young chhk-
.-j. isc to 35c: bens 30 ea^u; lire tar*
re??, - . 00 per pair; live *•$*** 40c:
er pound ; dry
rj flint, per pouno.
uwr CH-lliaa—Uty JIOI puuuu aw »u arw
Goat Skins—Dry, per pound, 6 to 8c.
Sheep 8kins—Dry, per piece, 20c to 50*
Shearlings—Per pieee, 6c to 10Ct
UqtMii
Rye, 1 05 to 4 00; Bourbon, 1 06 to 4 00;
re-distilled rye and corn, 110 to 1 60; gia
and rum, 110 to 8 60; N. C. Coro, 1 40 to
160.
Brandy—Peach and apple, 1 50 to 2 60;
cherry and ginger branuv* 90c to 1 00;
French brandy, 5 00 ana 6 96; domeetio
brandy, 1 76 to 3 00.
Wines—Catawba, 96 to 100; port amd
cherry, 1 25 to 3 66.
BMVfOrootr n.
The following are strictly wholesale prices:
Bacon—None in market.
Bulk Hides -Market steady. We quote to*
dajr at 9 to 9%.
95.
u—Per hundred $1.00; by the car-load
Ha
$1.15a$l 20.
4U42;
dghe
alt«“l
t quiet; doin'-
Petroleum
7 ft *. Cotton fir.
yellow 4S*. 1
cify o' m *5 l 4. Pot..toe
steady. Hide* firm;
Orleans selected, 45 io oo ins., /; i
Texas selected, 60 to 60 Pork *
dull hut steady; mess $14.26a 14.50 for old, <
$15.25 for new. Beef quiet hut steady; j
extra India me»* f7/*»A7.Beef hams <1 nil j
at $l5.»»>.il5.50. Tiereed beef inactive; j
city extra India mess $15.00. Cut meat* firm;
pickled shoulders 7%*7X; pickled ham*
12)4*13. Middles stronger; snort*lear9 X A.
Ijtrd, spot western higher, strong with some
H—Io
uilgy, best, 76 t<
/ • . I/..: j**r, ' * ;o 1 _?•*; salts, 3)4 to 4c; cooh
o 40c; magnesia, flotu
t.'tur, 4)4 to -'c; roil sulphur, 3 to 4c;
. . ior, i4 to 3.5c; copperas, 2 to 2Xc; axe*
...• U 2' to.50c.
* inea—Opium, $4 to $4 50; quinine,
• to , 35 to 40c; iodide potash.
y io *2.50; rhubarb, 75c to $2; ipecac, $1.26
. aloes, 95c to $1; calomel, 75c to $1:
•> a* msM, 45 to 60c; surphine, $4 to $4.25;
chloroform, 60 to 75c; castor oil, $1.75 to $2.
Gila--Linseed, raw, 68c; linseed, boiled,
lie, oil, $1 to $2.60; turpentine, 45Mc;
cylinder oil, JO to 66c; Signal, 60 to 60e;
Butter—Oleomargarine 18c to 20c por 1b;
giltedge 26c to 30c per lb; Tennesaee 20c to
25c per lb.
Cneese—Full cream 13Mo per lb; other
grades 12)£c to 12%c per lb.
Coffee—We now quote fancy Rio at — to
18K; choice to fair 17)4; good 16)4; com
mon 15)4*
Corn—White car lots 60 to 70c,; less 7$ to
75c: mixed car lots 68c, less 70c.
Fish—The catch of 1KK7 being so alia,
thereby causing prices to advance so greatly
with packing, the demand this season hae
been hut Ninall, we may say comparauraiv
nothing. We quote nominally No 1 iO-bbhi
$ 17>i 1 ; No 2 in bids 14al5; No 3 in bblu
$l2al3; smaller packages in proportion.
White or lake fi»h in half bbls $4 50a5 per
half hbl, as to size. Can mackerel in cases
$1 25al 35 per dozen for 1 lb cans.
• Grist-Per hbl $4.00.
Hominy—Per bhl $4.00.
Lard— 1 Tierces family 894 per lb; oona 9
per lb; 10 fb cans 9)4c per lb; lb oana994
per tb; 3 lb cans 10c per
Flour—Common $4.25; extra family $4J>0;
straight fancy $5.00; second patent $5.25;
firnt patent $5.50. These are, of couree, is
job lots to duelers.
Hams—Plain canvassed 13)4c per lb.
Har— Hay is h*qtr*r supply. We .note, to
day, No. 1 timothy at $22, and prime at $21
per ton.
Meal—We quote at 73c for plain; 73e.
fnr hnll<>3
Oats—Western feed 42 to 43c; fancy white
47 to 48c. s
Peas—White. $1 25; field. 76c to $1.00.
Potatoes—Irish, $3 60 to $3 75 per bbL
Spice—10c.
Sugar—ftugaraxeited and advancing daily.
We quote today cut loaf, 9c; XXI pow
dered, 9o; granulated, Con A, 8)4;
white extr* t 7K to 7%c; light creama, 7%o;
yellows, yic.
Star n—Bo.tes, 4c per lb; i lb boxee, 6
TVa.-—Imperial, good lo choice, 26 to 66c;
gun powder, good or choice, 30 to 76c. Yonnw
Hyson, good to choice, 30 to 65c; English
breakfi*t. good to choice, 35 to 7.5c; Oolong
good to »hoioe, 30 to 70c; Souchong, good to
choice, 25 to 70c; Japan, good to cnoion, $5
to 60c.
i uln • '<> —Market dull; demand moderate
We quote: Smoking, 25c to $1 25; cnewing
common, m end, 25 to 30c; medium, 4C to
55*’: hri. fit, 5u to 76c; fine fancy, 86 to 90c;
extra fine, Q -'c to$l 10; bright uaviea, 46 to
57c; dark navies, 40 to 50c.
Tomato Catsup—Pints, OOc; qaarta, $1.26.
Tubs—per ne*< $N 50 to $2 75; No. 1, $7 25
per dozen; No. 2, $6 25 per dozen; No. S,
$6 25 per dozen.
Tw ine--Cotton, 18 to 28c; jute, 15c; papar,
17c; hemp 15 to 30c.
Vinegar -Appie, 20c to 35c; para doahla
strength, 35c.
Mlecellaneone Qrocwiw.
Axle Grease—$1 60 to $1 76 par mm •
three docen.
Bar Lead-4)4 e.