Newspaper Page Text
ock Island Daily Argv
VOL XL, NO. 89.
UOCK ISLAND, SATURDAY, FEBRUABY G, 1S92.
I Slngln Copies 8 Cents
t Per Week ISMCenU
We place on sale today and for the balance
ot this week 2,500 pairs of pants, divided
in five lots on five different tables; and if you
are in need of a pair of pants to make your
suit last until you are ready to purchase a
Table One-Will sell for
Pants worth $1.2, $1.0, $1.7.
Table Two-Will sell for
Pants worth $2, ,S2.2 and $2.50.
Table Three-Will sell for
Pants worth $2.7), $? and $?.0.
Table Four-Will sell for
Pants worth $5.50, $4, $4.50 and $5
Table Five-Will sell for
Pants worth $5.50, $6.50 and $7.
Positively as Advertised.
THE LOW DO
SAX & RICE, Proprietors.
THE FARMER'S FOE.
He Is Declared To Be the Man
Who Sells "Short."
A ST. LOUIS TEADEB CN rUTURES.
He CItcs Men of the Pardridgc Sort a
Itoastlng alio ay They Are American
Anarchists Oue of the Hatch Commit
tee Heroine Inquisitive The Story of
Hot tie of Wine that was Won in MS3
Another Kcciprocity Treaty Katint Kx
plain a l'ciision Matter.
Wash i xc ton, Feb. 6. The house pom'
mittee on argricultnre continued its hear
ing yesterday on Hatch's bill defining
options ami futures. John Whitaker, a
prominent meat packer of St. Louis, and
of Wichita, K.ins., was heard in favor of
the bill. He said that it was only within
the last ten years that short sales by non
owners have affected prices in Chicago and
Pt. Ixtuis, in soiling cotton or drain. The
main object in selling something you do
not possess, he said, was to depress prices,
and it is one of the greatest evils that had
ever arisen. Jietween 1SS0 and 1SS5 wheat
in Chicago sold at $1.04, but after 1SS5 it
sold at SI cents. This was not caused by
over-production but by short selling.
tint Some Figures in Xew York.
In Chicago, he said, no figures are kept
of short selling, but be had figures from
such sales in Xew York. In Xew York
the transactions in January, 1SP2, were:
Receipts, fliW.OiN) bushels; sales spot.
3,.Vm,(WO; futures, over K!.01K1,0 bushels;
exports, 4,riV).0iKi bushels. He thought the
selling of 83,000,000 bushels in futures was
a great outrage. This selling in excess
could not do otherwise than hurt prices.
In the last five years this country had sold
farm products for 150,000,000 less money
than could have ln-en gotten had it not
been for sales bv non-owners.
Trailers in Future lU'iiotineed.
Whitaker said that linn owners, or in
other wonls American anarchists, for that
what they were should be wiped out.
for thev would make the farmer sell hi
produce under their red flag. "Let supply
ami demand fix prices," s-aid Whitakir,
"and we will see if the prices of wheat w ill
be SI cents or si." He thought that if this
law had been enacted by the hist congress1
the price of wheat would have pone over
$1. Jn answer to a question he said that
he did not think the nassaee of the bill
would hurt the legitimate dealer, and if
shorts are taken away it would tend to in
Depend on Whose Ox It 1.
He did not condemn option dealing in
Liverpool, as Kurone is more a dealer in
than a producer of wheat. For the same
reason option dealings in coffee m ato
a ork were proiicr, as the I nited Mates
does not raise coffee. Such dealing would
lower its price. If there were no fictitious
sales of hog products, he said, the packer
could pay the farmer a higher price, and
generally if there were no 'short sell
ers farm products would be 10 to 20 per
HAS A TUSSLE WITH MOSES.
A Cross Kitimiiiiatioii that Left Tthings
Somen hat Mixed.
Mr. Aldrich, of the Chicago Hoard of
Trade, had lieen a listener to Whitaker's
remarks and this latter statement made
him look very weary. Committeeman
Moses, of Georgia, here took a hand in the
"Mr. Whittaker," he said, "you say that
selling depresses the market?" "Yes. sir,"
"Buying, of course, must raise the
prices!-'7 continued Moses. "Certainly,''
"Somebody buys what is sold V observed
Moses. Whittaker didreplied: "Of course."
"Then," said Moses, -why doesn't that
keep things even?"
Makes the Proposition Another May.
This was playing a sharp game on Whit
aker, and lie said he had not caught the
drift of the questions. So Moses put it
another way. Said he: "If I sell a mill
ion bushels of w heat for '.HI cents a bushel
the price is pretty apt logo down to Kl
cents, ain't it ?" Whittaker replied that it
Then Mes asked: "Then, when a fian
buys at K) cents the price returns to
SK) cents, doesn't it?" Moses pressed for a
reply, and Whittaker, said: "There are
not so many buyers as sellers."
Vttt a Couple More Ouetitions.
"Then why," continued the inquiring
Moses, "doe.sn't. the price keep going
down?" Whitaker said: "Anyway, if
there had not been any short selling of
pork this year the farmer would have re
ceived $."0.0(K.of'0 more than he has for his
bogs." He then declared that but for
short selling the farmer would have re
ceived much more for his grain this year
than he had received. Then Moses asked:
"Suppose that trading was limited to act
ual products and a party could sell only
what he had, what would prevent Ar
mour, of Chicago, buying up all the meat
or pork of the country and holding it un
til the price rose out of sight?"
Bn Generally Win the Fight.
Whitaker said the question was un
worthy of consideration, and then made a
general reply tothe quest ions asked by Mo
les, saying that the "shorts" made a profit
when the market decreased, and the buyer
when it increased. There was a rivalry
between the two and the last eight years
showed that the bear had succeeded.
A RELIC OF WAR TIMES.
The Bottle of Wine Won by Gen. Dodge
g'Crarked" at a, Dinner.
Washington, Feb. 6. Wednesday after
noon in a quiet home in Washington over
looking the Capitol, a bottle of wine was
opened that nearly thirty years ago was
paid as a wager between two army officers
In camp at Corinth, Miss. The fact that
each officer has a national reputation, and
that such a thing is not apt to happen
again in a thousand years,makes the story of
this particular bottle of wine interesting.
Fifteen gentlemen sat down to a dinner.
They were General (J. M. Dodge, president
of the Society ot the Army ef the Ten
nessee, who lost the wager; General M.
M. Bane, of Washington, who won it, and
gave the dinner, and as guests General
Henderson, of Ohio; General Bussey, Gen
eral G. B. Raum, Mr, Frank Hatton;
Colonel A. C. Matthews, or Illinois; cx
Governor Stone, of Iowa; Commissioner
Carter; Mr. Bowman, of Iowa; General
Thomas O. Osborn, Captain Ross, James
K. Magie; 1). A. Ray, of Illinois, and
Judge Heed, of Joua.
Suppression of the Chicago Times- '
In a long speech General Bane explained
the circumstances leading up to the reun
ion. He said: "Some time before t he fall
of Yicksburg, iu the early part of lbC3
twenty-nina or thirty years ago Brigadier
General IWJe, at Corinth, Miss., com
manded the left wing of the Sixteenth
army corps of the Army of the Tennessee.
1 was colonel, commanding the Third brig
ade of the Secor.4 division, serving under
liim. While we were there together the
news came of General Burnside's order
suppressing the Chicago Times for disloy
al utterances. I happened to speak of this
to General Dodge, and asked him: Hav
you seen the order and read it?' He an
swered that he had, and was glad the cop
perhead sheet had been shut out of the
land. I told him that 1 thought Abraham
Lincoln was too much of a politician to
have the order stand.
Lincoln Revoked the Order.
"He answered that General Hurlbut,
conimandcr'of the corps, was wise iu keep
ing the sheet from the sixty-odd thousand
men in our corps, and President Lincoln
loved the soldiers too well to revoke tht
order. I replied that I knew that, but Lin
coin would never interfere w ith the free
dom of the press, nor allow it to be done.
General Dodge said: 'Ix-t's wager a bottlt
of green seal upon it.' 'Done,' said 1
Three or four days afterward President
Lincoln ditl revoke the order, and by mes
senger, with a short note, I received tht
iMittle of wine I now hold iu my hand. My
first wife, who was with me in camp at the
time, took charge of the bottle at Corinth,
and said she would keep it until we could
have General Dodge at our home sonu
They All Toolt a Pull.
"She took it home to Illinois with her
and kept it carefully until her death,
which took place in 1T0. When I married
my second wife and she had learned the
history of the hemic of wine, she took
charge of it, determined to do what my
first wife had resolved to do, break it in
1 he presence of General Dodge in our own
home, but she was rapidly carried off by a
fatal disease and when she died a year ago
it wai left in my possession." After a few
more words of explanation and a. warm
compliment to General Dodge th speaker
asked (ieneral Dodge to open the wine
and he did so. The dusty bottle was then
pjissed around among the guests, all ol
whom took a pull, and when its contents
w ere gone new bolt les were opened.
SOME MORE RECIPROCITY.,
A TrettVy Proclaimed nilhtlie lMitish
WVdt India Inland.
Washington, Feb. e. President Har
rison yesterday issued his proclamation
announcing the establishment of reciproc
al trade relations, through an agreement
readied by General J. W. Foster and Sit
Julian Pauticefote, British minister, le
twecn the United States and the British
West Indies. The agreement went into
effect on the 1st instant as fur as it relates
to the British colonies of Trinidad (which
includes Tobago, liarbadoes, the Leeward
islands consisting of I he islands of Anti
gua, Montseirat, Saint Christopher, Nevis,
Dominica, with their respective depend
encies, and the Yirgiu islands), the Wind
ward islands (consisting of St. Lucia, St.
Vincent, and their dependencies, hut ex
clusive of Grenada and its dependencies),
and the colony of Jamaica, and with Brit
ish Guiana after April 1.
A l ong Free List.
The free list is a long one and includes
asses, sheep, goats, hogs, poultry, and
horses for breeding; Ix-ef, smoked, dried
ami canned: pork in cans; luHiks, sUine and
glass Unties; cans, wagons, cars and
barrows pleasure vehicles not included;
brooms, etc.; fruits and vegetables, fresh
and dried, but not canned or littled; hay
and straw; ice, ail sorts of railway equip
ment; marble and alabaster: medical prep
arations; paper; printing accessories; resin,
tar. pitch and turpentine: ship-building
materials of all kinds exec; ; rope and cor
dage: corn starch; l cam engines and other
similar appliances; tan bark; fence wire.
Article at Reduced Duty.
Then there are schedules of articles at 5C
and " er tent. duty. Among the article!
at ,"0 per cent, are bacon, boots, shoes,
bread and biscuit, cheese, lard, mules, oleo
margarine, shooks ami slaves. At 25 pet
cent.: Salt and pickled lieef, corn, corn
meat wheat flour, pitch-pine lumber, pe
troleum and its products, salt and pickled
pork, and wheat. Coil and coke go free to
Jamaica, while wheat and pine lunilier are
RAUM REPLIES TO A BLAST.
Why some 1'ensiou latum Are a Lung
Time "tietting There.-
Wamiino ion, Feb. 0. In regard to tht
statement made by the department
commander of the Xew Hampshire
G. A. 1J. that tome pension claims
were rapidly pushed along while others
made as early are pigeonholed (the
commander was quite positive and aggres
sive about the matter). Commissioner
Kaum, of the pension bureau, said yester
day that ail cases which were complete
were disposed of in their regular order, no
matter how many incomplete cases were
A tnc Right in Point.
He cited the case of a man who died re
cently from the effect of wounds received
in service, where the widow made applica
tion for pension, and produced evidence to
justify the issuance of a certificate which
followed four months after the date of ap
plication. Cases might be pending in the
bureau for years because of insufficient ev
idence to complete the claim, and until
this evidence is adduced tbey will still be
incomplete and unacted upon.
The Houh Proceeding.
Washington, Feb. & Speaker Crisp
occupied the chair in the house sbut a few
minutes yesterday as he was suffering
with a sore throat. Fithian wanted a bill
putting farm implements on the free list
printed, and his request was acceded to,
and the house went into committee of the
whole on the census deficiency. There
was some set ere criticism of Superintend
ent Porter indulged in, but the most of the
members speaking defended him and the
committee rose and the bill was passed.
Private bills were then considered for an
hour and the house aniourded.
The Fight Against judge Wooitn.
Washington, Feb. C More testimony
against Judgo Woods, of Indiana, whose
nomination to the recently created judicial
circuits has been so bitterly opposed by
Senator Vouchees, was heard by the ju
diciary committee of the senate yesterday.
R B. Hitter, an attorney; K. B. Sellers,
ex-district attorney for Indiana, and Na
than Morris. ex-United States commis
sipner, appeared at the instigation of Voor
hees. Sellers made, a very conservative
statement lUit did no, lienrhard on Judge
Woods. Tue statements of Litter and
Morris were against .lunge Woods.
Would Dote on ISeing Hanged.
Memphis, Feb. . Miss Alice Mitchell,
the slayers of Freda Ward, when informed
by her lawyer that she would escape the
gallows,' grew frantic, and said that she
looked forwaitl to the day when she
should be hanged as the happiest day of
1I. Beyond the gallows she believes
'hat he will once more meet
Freda. . t?he became terribly despond
ent, and fears are entertained that she
will commit suicide. She is watched by
Will Wrestle for the He It.
liONDON, Feb. (i. Stcdman, the English
mixed wrestling champion, signed articles
at Bradford Thursday to wrestle best
three out of five falls with Duncan C.
Koss. of Philadelphia, the champion of
America. i lie match will be for the
championship of the world and 200, and.
will take place at Bradford on the 11th
Chicago. Feb. 5.
Followiug were the quotions on tlto board
of trade today: Wheat- Feliruary, opened
SVi elcisetl Sc,l4c; Miirch, ojtened 87c, closed
N'!xe; May. opi-ucd mi eloe 1 UlHe. Corn
February. ii"ieil 4;.'-c, closed iUwi March,
opeue I 41V t l-ed -Kc; May. oin-ned tl'sc,
closed 4-:0.. Oats February, opened ,
ciose.l 1'; March, opened , elo-wtl ;
May. opened Siiy, closed iil1- -. l'ork Feb
ruary. H.'ie.tl . !., el'ised $ll.fc!Vu; March,
opened iios . - : Mae. opened and
closed Sil.'.l-' -j. l .ti J February, opened and
clo-ed ii !;.
Live st-M'K 'Vices at th Union st-tck yards
today ranited as follows: Hogs -Market
lairly active; m.ti'ket op.-ned 5c hitther on
heavy lots; ether gr.nlei unchanged; sales
ranged at S:;.7.v, j .Vi pigs, S4 -V;t 4.r..i light,
Sl.:iC-4.4"i rouh pa.-knt. $4.U.Vrf 4.T0 mixed,
and l..'Hlr t..j heavy packing and shipping
Cattle Market fairly a- tive on local and
shipping account. I rice.s sha le stronger; quota
tions ranged at f4.S'l,r. .V) choice to extra
shipping steers, 4.11"" l.7."i good to choice do,
So.7UG4.-i fair to good. Ssi. 10AtJ4.ij common
to medium d , S ! "' hat -hers' steers,
Ji3Ci.i-l.O0 stoekers. $-'.:. (3.7." Texas steers,
$;5.10t(,:i.7.- feeders, Sl.2Ki3.0l cons, $1.5U&J.75
bulls and $-!.00.''t'uM veal caives.
Sheep Market fairly active and prices
steady; quotations ran cod at $4.255.'JU;
westerns, $4.uuj.5.4) natives, and $46Uj(5jni
lYoduce: Butter -Fancy separator, S9JJ1uc
per lb; dairies, fancy, fresh, SK35o; packing
stock, fresh. 14(Mtic. Eags Fresh, candled,
loss off. iSft.TOc per doz: ice-house stock, 17t
lSe. Dressed poultry Spring chickens, fair,
KocmI. UTjIOc per lb; fancy, lo: roosters, 5c;
ducks, loiel-is'i: geese, HftMc; turkeys
choice, llVjo; fair to goiJ, l'k'jllle; poor, I
Pe. 1'oiatotis Hebrons. iSj,fc per bu; Bur
banks. GiSi'ljc; KiSe, 3ie for teed; Peerless, -'Avii
.tic for seed: common to poor mixed lota,
SUKtVic. Sweet iiotalo.-s. Illinois. (l.W.3.
per hll. Apples Common. $1.25(2,1.50 Pr
bll: good. l..'t; fancy, $iU. Cranberries
Citpe Cod. $."i.'or 6.j jkt ubl; Jerseys. $.00
ti.ui pe.- bb'. . '
New York. ' j
Nkw York, Feb. 5. - ;
Wheat-No. 2 re.1 winter cash, Jl.U.';
Fehruary, $l.ni;4: March, fl.tet$: April. $1.02;,; '
May, S1.01J. Corn Xo. 2 mixed cash. Slgc;
March. S"ha May. Ktc Oats Dull but "
stea'ly; No. 3 mixei cash, a"V;i!j.3"ic My,
3ciao. Hye -Dull and depressed: car lots, 88&
file: b tat loads W. Barley Quiet and steady;
No. 2 Milwaukee, 6:37ik-. Pork -Dull; mess,
i.7;e,lJ.:. ljtid -yi.ie't; February, S.:4;May,
I-ive Stock: Cattle-Trading active at an
advance of I V- per Kl lbs: poorOst t best
natie te-ers, M.7iK5.!K pr luo lbs: boils
and dry e-ows, l.;57.3.. Shuep and lambs
Sheep, steady; lambs, f.nu and active; Bheen,
?4..io..-tUiJ jr lm lbs; larnhs. So.iikfui.irt. Hos
Noiniua.ly steady; live hoys, f4.liVi4.75 per
The I.oral .Markets.
Oflice Rock Island Piii.T Avn Wekklt Arocs, I
Hock Ifhtnil, III.. Feb. 0, 1692 f
Kran - S.c jw-r rwl,
Sliipstufl $1.00 per rwl,
llnv Timo.hv. S12&S!:!; pr tiric, Kill; clover
SS-&10; baled. 11 W.
Butter airto choice, c: creamery, 2."sJiJc.
Egc Freh,Stlc: packed -Jilo.
Poultry e hirkene. HiCf? 1 J: ; trrkcy?, 15c
ducks, l-'Iic: geese, pic.
rsriT N1 VECKTAI1I.ES.
Apples ti iSCiii 75 per hbi.
On ions SttrsV.
Catt e Butchers pay for corn fed rteers,
4"-l!4c; cows mid ricifers, 43'lc; calves,
" YOU CAN .
Los than Half the pries
of other kinds.
!l TRIAL WILIj FKOTF. THIS.
Qanrtens Sc. '
Sol4 by Grocer
In Cans HBtfm
J I .
. a ;