The St. Louis Republic. [volume], January 02, 1904, Page 13, Image 13

About The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919

Image provided by: State Historical Society of Missouri; Columbia, MO

                
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THE REPUBLIC: STUBDY. JANUARY 2, 1904.
IS
.1
FINANCIAL
FINANCIAL
FINANCIAL
1
jUXnji VJXiXrurlrVV-rrrr.-'- - kija4''kas4.ifSAsli
ViVWWVWMiWVWVMVWVMWWkiVMMMAMAMAMMAMAMMMMMMMV
W. H. LEEJ. President.
D. R. FRANCIS, Vice Pres't.
A. L. HILVPLEIGH. Id Vice PresX
GKOB. HOFFMAN, Cashier.
R. T.JSTURGEON. Asa"t Cashier.
D. A. PHILLIPS, Id Aas"t Cashier.
" V" iF
FIFTEEN MILLION DOLLARS,
THE WORKING CAPITAL OF
THE Uimmi MM OF COMMERCE IN SAINT LOUIS,
AND ITS ASSETS, AGGREGATING OVER
SIXTY-THREE MILLION DOLLARS,
Insure to depositors ABSOLUTE PROTECTION, LIBERAL ACCOMMODATIONS and the BEST FACILITIES.
5Ae NEW YEAR S
The Merchants-Laclede National Bank
OF 8T. LOUIS.
Capital $1,400,000.00
Surplus and Undivided Profits, . 850,000.00
UNITED STATES DEPOSITORY.
FISCAL AGENT FOR THE STATE OF MISSOURI.
Is the time for changes. This Company
solicits new accounts and invites all who
contemplate changing their banking rela
tions to call.
The policy of the Lincoln Trust Co. is
conservative; our Capital and Surplus,
3,500,000, is ample; our Officers and Board
of Directors men of ability, well and fa
vorably known in the community.
2 on Ordinary Check Accounts 3 on Saving of Any Amounts
1 liNSOkN1 I
gi-ir --
Correspondence or interviews invited from banks, indi
Tiduals and corporations desiring to change or enlarge
present banking: arrangements.
KSTAIILISIIRI) 1S37.
THE CITIZENS INSURANCE CO. OF MO.
HOME OFFICE, CENTURY BUILDING. ST. LOUIS.
SOU E. WAGGONER. President. J. II. CARR, Secretory.
GIVEN CAMPBELL. Vice President. W. II. FARRAR. AbsL Secretary.
TIIOS II. SCOTLAND. General Agent.
FINANCIAL STATEMENT, JANUARY 1, 1904.
CAPITAL S2O0.O00.OO.
Total Assets $732,422.21
Re-Insurance Reserves 306,822.92
All other claims ................ 42,052.26
Surplus 183.547.t-3
Surplus to Policy Holders $383,547.03
Oldest Flro Insurance Company west of the Allegheny Mountains. Areneles In
all the principal cities and towns in the United States.
T. K. ALEXANDER, Special Agent.
THE HARTFORD FIRE INSURANCE CO.
ORQANIZED 1794.
CHARTERED 1 810.
GEO. L. CHASE, President.
CHAS. E CHASE. Vice President P. C. ROTCE. Secretary.
R. M. IIISSELL. Vice President. TH03. TUJIBULL. Assistant Secretary.
COFRAN and DUGAN, Gen'l Agents. Western Department. Chicago, 111.
FINANCIAL STATEMENT, JANUARY 1, 1904.
Total Assets $14,542,951.78
Re-Insurance Reserve 8,053,542.59
Unsettled Claims 1,301,612.82
Surplus 3.937.796.37
Surplus to Policy Holders $5,187,796.37
ST. LOUIS DEPARTMENT, CENTURT BUILDING.
T. K. ALEXANDER, Special Agt. SOL. E. WAGGONER. Manager.
Hi
T
iississippi Valley Trust Company
Extends to its patrons and friends the compliments of
the season and tenders thanks for past favors, solicit
ing; a continuance c' the same with the assurance of
w...,, uK.iv. w uiiuiu ts.j bUUI IB3J V.UII9iaiClll Willi it
gj sound financial business.
'"JTHE capital, surplus and profits of
the AMERICAN EXCHANGE
BANK are over one million one
hundred thousand dollars. Its facili
ties for handling all Rinds of banKing
business are exceptionally complete
and convenient., j& j ' j
207 N. BROADWAY
FINANCIAL
N. W. KARRIS & CO.
BANKERS
204 Dearborn Street
How York CHICAGO Boston
Reoelve deposits eubjoot to oheok
and nllow Interest on balances.
Aot as fiscal agent for municipal
ities and corporations. Issue lot
tero of credit. Transact a banking
business and deal In
BONDS FOR 1HVESTMENT
List on Application.
MVE-STOCTC MARKET.
Ilrrelpta Very Small In All Depart
ment tn Cattle Hlehcr Thin Week.
NATIVE CATTLJ3-UI steers A viry light
upply of native cattle arrived Friday, there be
lnjr enlund 4C0 head. Receipts this TTlek haro
been light, r.umbcrlrc around 7,700 hsad. but
neerttielcss shoved a ery good gain compared
with It-st week.
The trade In beeves has not been as satisfac
tory as In other branches of killers, thsugh the
w.ek started -nlth very good prospects until at
the dese of Tuesday, when buyers forced u. d)
cllne. However, since then the market has
gradually strengthened and the lc.s was re
galnedt Trices aro now fullv loaiSc higher
ir.au hist week. This advance aas been general.
Owing to the supplies being ll?ht, buyers hae
been compelled to accept more common kinds
than usual. There were comparatively few
. atrl'tly good cattle and none choice to fancy.
lolKwlng is a list of Quotations based UDon
ales during the week:
SlllPPUkG AND EXPORT STEERS.
JJest ratie beef steers, strlc.lv fancy,
i,sXHfi,:go lb l3.os so
Choice export steers. LZMdlMO lbs.... C.lsttS.U
Good .hipping and export steers. 1.S0J
ei.C0 lbs 4.75ff5.U
Fair to medium shipping steers. l.toQQ
MSO lbs 4.MS-I.75
VBllESSED VEUF AND BUTCHER STEERS.
Eteera, Lasi.a lbs., rough to best.. 4.9065.60
Eli era. UMUJUIW lbs J.SO5.5
Steers, less thin l.uuo lbs J.sou.I5
BUKF AND UCTCHER STEERS.
Jo. Av. Pr. No. ay. rr. No. At. Pr.
Jl...Ui7...M.J S...llw...4 40 U...lu;...Jt.u
1...1W1... 4.0) 1.. .1160. ..--.t0
KuttJwr Cattle With supplies of butcher cat
tle Ulbt this week, the market has ruled good
said higher. General trade has received the bulk
of thti advance, though there has been some
UGOve"aneas. The demand has been ery good
for good, handy-welgat heifers and for the
medium to good cows, these showing the most
advance At the same time practically all
classes bae met with a fair Inquiry. Best
bandj-wel-ht heifers have advanced 2S4TJ5C.
while heavier kands and fair classes gained
about! lie. Medium to good drsstd-beef cows
-KiL!oeJ XlttZor and canncrs, cutlers and choice
ctroa about 10313c. A tlrm tone has prevailed
for good bulls. An advance of Ki?c took place
on Tll calies.
S-Jib of butcher catUe during the week were
based; on the fallowing quotations:
-COW9 AND HEIFERS.
Vtscr corn. fed heifers. TTOS775 lba.....ti.KC4.
... I
rancy corn-fed helfera, M031.MO lbs.. 4 00$N.s
Good to choice heifers S.7Sft4.K
Medium to good helfero 3.2563.65
Fair to medium heifers 2.7Ti3.2S
Rest corn-fed heavy cews 3 &063.75
Good fat cows 3.00513. .V
Medium fat cows 2.7MT3 0
CUtten 2.1302.75
lalr to tool canncrs .................. 2 IVttS.CS
Common and shelly cows 1.002 tt
DULLS.
Choice corn-fed bulls X3.7S34 00
Good fat bulls 3.2o3 50
lleavy-nelght. half-fat bulls 2.6MJ3 DO
Sausage bulls 2.25B2.W
Good aualitled dehorned bulls for
twdlng 2.4094.75
VHALS AND nERETICS.
CTioice vtala, 110313O lbs is 007.
Heavy fat veals. 200 lbs. and under.. 4 0O3S.S0
Good heretics S.0094.M
TTiln heretics 2.fD3.0)
Heavy killing calves 2.S3 60
HEIFERS.
i0' &? -Jt- L0- Av. Pr jfo. Av. Pr.
,J j2 5-12 S J8 3-" 2 CM... 3 !
15... 869... 3.25 3... 799... 2.75 1... 480... 2.50
COWS.
i"-12??"-2-M 1...1170... 2 K 1... 70... 2 65
?"' S2 rc 1 " -M " . ilia
TEARLdNGS AND HERETirS.
1... 300... 3.7! 1... 210... 2.3 ... ay,... ..-5
Blockers and Feeders Thero was not much
in the stocker and feeder trade Frldaj" a? tne
surply of cattle was ery light and not enot?h
to excite any particular competition, as the de
San.'LW!.i11shtS -"-"ial feature fir the time
. i. e-- Isetertheleks the trade v.as
The week's market has ruled cm a fairly good
basis. Supplies have been light at all times,
and generally included a medium to decent
class of ottering while there have heenaiery
few good pr selected grades and of the little
common kinds offered. Thi demand has been
good on all accounts but there were not enough
offered to allow all buyers a chance to operate-con-quently,
the market has not been In as
good shape a it might have been had there
been more offerings At any rate, there has
been an accumulation of .strength amounVng
to about 15o on dases that hae displaced
weight or quality. Even the Inferior glades
have shown moro firmness, but this was main
ly due to lack of a suitable supply. There was
ery little change In heifer? or bulls.
During the week stockers and feeders sold in
line with the quotatlcns below:
STOCKERS AND FEEDERS.
Choice feeders. X.0009L1S9 lbs. $3.5033.75
Medium to good, feedern SOOai 000 lbs. 3 23813 i)
Fair to medium feeders. 7006800 lbs .. 2.75i3 01
Chelce-oualltled stockers, 60U3750 lbs. s 2383.50
Falr-qualiUed steers, 600S75O lbs. 2.50rf2.83
Common steers 1 Mi2.25
Choice to fancy stock heifers 2i&.ao
Medium to good stock helfera 2.00&2.25
Common stock heifers 1 OS2.00
Choice-quality steer calves 3.Wflt.;c
Choice-quality heifer calves 2.&JS3.50
Dehorned and unbranded stocken and feeders
always sell a fraction better than others.
STEERS.
No. Ay. Pr. No. Av. Pr. No. Av. Pr.
40... S... 3.4S 17.. ."558... 2.75 2... 490... 2.50
Milkers and Springers There were so few
milker; and springers offered during the week
that there has been hardly anv chance for a
change in values. As a rule the demand has
been about equal to the supply each day. and a
steady basis has prevailed with last week. How.
"fr- the little common and plain kinds have
sold comparatively slow, buyers at all times
showing a nreference for the better grades.
Sales of milch cows during the week hava
been governed by the following quotations:
MILCH COWS.
Fancy quality large young cows
"rtth good calves Mt.tomu.ta
Good milkers W.OOCsO.OO
Medium milkers :5-S?I-?'3
Common milkers lS.aia20.00
htrlctly fancy milkers sell nbove J4. 00.
M1UCEHS AND SPRINGERS.
No. A. Pr.
1 but... r 50
CATTL.li-outhem Division Quarantine re
ceipts embraced only 10 carloads and 264 head.
Pretty good (-teers sold at 13.73. with fair to
good cons from $2.63S(2 SO. Trade was acme
and stronge. Tho receipts this week were 1CS
cars, against J33 cars last week and 2GS cars
the week before.
The following quotations represent the condi
tion of the market on alous classes of quar
antine cattle, based on sales during the week:
Good to choice fed steers Jl.OyS 4.40
l'alr to good fed steers 3 60ft 4.00
Graa steers 3.Wre 3 4)
Good to choice heifers.................. 2.S3ft 3.35
Fair to good heifers 2.60 2.S3
Good to choice cows 2.7'U 3.10
Fair to good cows 2.50!ir 2.75
Common canners i.o?0 2.5
red bulls 2.73Sy3.25
Grass bulls I-00'r 2.40
Good to choice eal calves, per cwt.. l.MS .w)
Good to choice heavy steer calves,
per head U.O0U.0O
Good to choice heaty heifer calves,
per head 9.50810.50
Fair to good heavy calves, per head.. 7.(M 9.
Common caHes. per head 6.00 down
TEXAS AND INDIAN STEERS.
No. Av. Pr. No. A v. Pr. No. At. Pr
27... tM... 33.75 42... S32...JJ.73 130... 82S...13.75
COWS.
12... S78... 2.D0 22... 50... 2.S0 27... 125... 2.75
21... 7S1... 2.C5 2. . 743... Z.tiS
HULLS.
4...1300... 2.S3
HOGS-Only a moderate run of hogs arrtied,
but as a rule they were of good quality, and as
thn rlemnnrt tra. cnr.1 thn m.irk.t ttPrnea actle.
with all decent hogs selling steady with Thurs
day and in places a slight -adance was ob
tained. Half-fat and mixed lots containing
rough sows were a little slow sale and barely
steady. Real good pigs and lights jld a shade
stronger, but there w as no !mpro emeat notice
able on those that were only fair or on the com
mon order. The good smooth heat y and butcher
hogs continue in the best demand and sell the
quickest, and but seldom is there more than
half enough on silo to meet the needs of all
buyers. The middle of the market was 531UC
higher than any time Thursday, but the close
was no belter than tno opening.
Good butcher and heavy hogs sold at XI SSd?
4 S24: fair to good medium weights and packers
:4 70j4fc5: lights above 140 lbs. aerao Si SOtf
4.S21: lights under 150 lbs average-1464 60: pica
under 100 lbs. J4.25S4 50. and roughs and culli 51
64.50 The bulk of the hogs weighing 150 lbs.
or more sold at St.72Vi3t.85, against i.7iCj4..7'5
on Thu-day m
SHEEP A good moderate run of sheep ar
ritcd this week, and there was not only a good
lerresentatlon of both sheep end lambs from
the local territory, but the ottTlngs also In
cluded several loads of Western and Mexican
sheep and yearlings each day. A good demand
existed, and the market was strong and active
each dav. The advance for the week amounted
to aor&Oc on all stx-d lambs nnd searllngs.
while good sheen are in th neighborhood of 25c
higher Half-fat kinds and all-thin and cull
Btock sold extremely slow, compared with the
quickness good stock weio bought, and showed
but little advance. Stockers were no better
than steady, and the demand was only fair.
Some late arrivals to-day a?ia vygnjac lower.
LAMBS AND YEARLINGa
No Av. Pr.
.a Mexican yearlings cs ts.l
26 Iambs 72 5
14 lambs 60 5.1.)
Hi Western yearlings 74 5.01
129 Western yearlings 79 4 ..
13S Western vcarllngs 79 4..S
124 Westerns 104 3.85
MUTTON SHEEP AND MIXED LOTS.
VICTORY DEPENDS
Congressman De 'Arniond at
Omaha Warns Against Repu
diation of Democratic
Principles.
URGES REUNION OF FACTIONS.
tH natlres 91
10 Southwestern S4
231 foouUrwes terns 3
STOCKERS AND FEDDDltS.
CI stockers S3
BUCKS AND COMMON CUIXS.
30 cull lambs ?r
Z bucks 133
1 buck 1U
r.
Z.l)
Just
HOUSES The horm market was nulet,
as tlo week has ben. There were scarcely1 any
offering- on the market, tuid no auction was
lieM. Alo, on account of It being a holiday
and there being nothing to do, business on,
only a few of the traders were on hand and not
ery many buyers. The market has been strong
all week btcaune of the (rood Southern demand,
which prevailed In tho face of light receipts.
Offerings were sold quickly, and there was not
nearly enough of good horses to go around.
Most dealers aro expecting a large run tho
coming week, owln to the good conditions
which the market snowed the present week.
MUIiKS Th mule receipts hae been heavr
during the week, and are continuing In good
numberi as the week draws to a close. Fri
day's fresh receipts were about 10, carloads a
good showing for the tail-end of the week. It
has been one of tho most noteworthy weeks
of the season thus far. The cotton-mule de
mand nan been remarkably actUe. and the
jarge numoers wnicn me ueajers nave coia na.e
kert the commission market In a mate of great
activity all week. Dealers hate bought the
good cotton mult as fast as they could get
to them, and there lias not been a slow move
ment about the market. Prices advanced slight
ly, nnd are at a higher level than at any ui
during the year.
Br Teleerapb.
Kansas City. Mo, Jan. L Cattle Receipts
1.200, no Southerns; market rteady to strong;
export and dressed-beef steers S4.2-XJ 90; fair to
good wn;,?415; Western fed steers $3.X4 15;
Blockers and feeders JiCOGM: SVmthern steers
:i.4Cfi 10; Southern cows Jl SO'SilW): native cows
$1 :0g4: natUo heifers X! G04: built 52.2553 17)
Hogs Receipts 6.300; market steady; top U 724;
bulk of (tales J4 K04.VO; heavy $1274 7;
trackers U Wifi.70; pigs and lights 54 -t)tf4 621,.
Shp Receipts loO; market steady: natUe
lambs S4 7ufi5C5; Western lambs 33.75&4.1:. fed
ewes &.7u&3 SO; Western1 fed yearlings $3.M
4 35; stockers and feeders $2.Kk&3 6C.
Chicago, Jan. 1. Cattle Receipts 1.C00; mar
ket steady; good to prime 5?-S.75: poor to me
dium S3 WE5: stockers and feeders $2(24,10; cows
Sl.754 25: heifers 1204.75; canners Sl.75it.40:
bulls 524 2T; calves $2.GG&6.?5. Hogs Receipts
to-day 21000: to-morrow lf.,000; market steady;
mixed and butchers )4.G04 90; good to choice
heavy $4 6u4.8; rough heavy 34 H
U '24.70: bulk of sales S4.WVtf4.75.
celots 4. COO: sheep steady: lambs steady: good
to choice wethers S3.7534.25: fair to choice
mixed J34i3.73; Western sheep S3.4S4.23; native
lambs $4.2366; Western lambs $t.&0&&
South St. Jocph, Ma, Jan. L Cattle Re
ceipts 1.012; actUe. strong, 10 SI 5c higher; na
tive J3MW525; cows and heifers JlSi344J;
stockers and feeders J2.6O04.33. Hogs Receipts
3.423; steady: light i.UH4 674; medium and
heavy J4 C04i70. Sheep Receipts 6CC: 15c high
er; lambs UlO: jearllngs J5 10; wethers $4 50;
ewes $4. ..
"U'ool.
Boftcn. Jan. 1. The Commercial Bulletin will
say Saturday:
Tre wool market la steady and firm. Business
has not been active, but for the closing days
nf the vear sales are aulte tartre. the iiPtnanJ
lnce Tuesday belnc very gool Tight money
nn a refiraining innuence. wun any success
In the opening of new heavy-weight goods and
with easier iinoney there should be Improve
ment in the demand early this year. The mills
are carrying comparative I v light stocks, much
leri than at the beginning of 1903.
The new a from foreign markets continues
bullish. There has been a further advance at
Buenos Aires on artlte bu)lng Active wools
are a farthing higher this we-k In English
markets. Melbourne will b closed till Jan
uary 19. on which date the London auction sales
aio open.
The shipments of wool from Boston to date
from Dec. 31. 1902. are 236.22S C5fl lbs. against
2S3.7iS.f67 lbs. at the sam dat last year. The
receipts to date are 279 106.S92 lbs., against
313,774,132 lbs. for the same period last year.
D. K. FISKE DIES, AGED 81.
He Waa Well Known as an Author
and Newspaper Writer.
Upton. Mass., Jan. 1. Daniel Edward
Fiske, widely known as an author and
newspaper writer, died to-day, aged 81
years.
Mr. Fiske was best known as "Pratt
Pond, Jr.," and his most famous story
was a gold hoax In Upton City thirty
years ago, which brought many people to
tho town to search for the metal, which
never existed here.
Mr. FIskes only relatives live In Chi
cago. MRS. MART WAQN-ER,
Festns, Mo.. Jan. 1. Mrs. Marv Wagner. tS
years old. died hers this evening. She had lived
In Jefferson County forty-five years and was the
mother of twelve children, nine of whom are
living. They axe: J. H.. S. J.. W. IL and Mtis
WlUe Wagner, end Mrs. Alice Bryan, all of
Festus: Mrs. J. M. England and Frank Wag
ner of Hematite: J. a Wagner, Granny, and
J. G. Waxner. Elwood. X1L The funeral will be
new me oia amaerniwrna in Jtiusa lower, mo..
OUUU1J
Speech a Feature of Jacfcsonian
Club's Banquet, Where "Gold"
and "Silver" Leaders Join
in a Lore Feast.
Omaha, Neb., Jan. 1. Nearly DOO Demo
crats of Nebraska to-night celebrated tho
ninetieth anniversary of Andrew Jackson's
victory over tho British at New Orleans
and incidentally tho thirteenth annual ban
quet of the Jacksonlan Club of Nebraska,
This meeting was tho best attended and
most enthusiastic of any In the history of
the club. The speakers were all men of
prominence, and Included Fenator Francis
G. Newlands of Nevada, Congressman Da
vid Do Armond of Missouri, and Con
gressman Hitchcock of Nebraska.
The occasion was of special significance
to Nebraska Democracy because a re
union of the factions that have formerly
been known as 'eold and "sllier" Dem
ocrats. The latter have for several years
been in a large majority, but the opposi
tion has Included many of tho most prom
inent Democrats In tho State, among them
being Doctor George L. Miller, T, J. Mu.
honpir nnd Kuclld Martin, the latter Post
master at Omaha under the last Cleve
land administration. The affair was- In
tho nature of a iovo feast, and those pres
ent entered Into the spirit of the occasion
with old-time enthusiasm.
RDGRDTS FROlM FOLK.
From Joseph W. Tolk of St. ZjouIs waa
read a letter of regret at his failure to
respond to tho toast assigned him. Tele
grams of btmilar import vere also an
nounced from other prominent Democrats
of the country, who had received Invita
tions to bo present.
Congressman Dc Armond of Missouri, In
responding to the toast, "What of the
Future?" said, hi part:
It Is a question of the ases, and the ages
will repeat it until Umu shUl be no more It
is the tiuestlon of ambition, of hope, of fear,
of loe, of hate, of cnanty of selfishness; the
question of great and small, of good and bad.
But. as aligned to me this evening, it may
appropriate!) be treated us a question touch
ing tne outlook of our party.
Can the Democratic party win the coming
national election? Yes. Will the victory be
ours? That U not so easily answered, for that
deiends upon wliat tho party will cay and do
wnen next it convenes in nauunaj contention.
sen 10 tne issues
offensively, apol-
If It shall wisely addfeFs itself to the Issues
of tho day. asserting noiiung oaensiveiy. apol
ogizing for nothing, and shall name for Its
nominee men who ought to be, and. there
fore, will be. acceptable tr Its rank and Ale. it
will win. But. If. in follv. It repudiates Us
past its recent pat or if It needlsly an
tagonizes and drives away elements which were
not with It or which left It In its recent past.
the promise of the times and of conditions will
proe delushe. and we shall go down to de
feat. I have no platform to euggwt, no candidates
to commend to the exclusion of others. As cne
who followed enthusiastically the party flag,
borne so nobly by jour great Nebraskan. I
would be unwiwlling. even with sweeping vic
tory as the pi ice of th baseness, to say aught
or do aught in repudiation of the man who
led on millions of devoted Democrats who fol
lowed the party banner in 1JT3 or 1900.
THIS 13 OUR DAT.
But :5. with Its stirring activities. Is in the
great ocean of time that has been: and so It
is with 1903. To-day Is our day. and this Is
the car of our pressing political duty, and
inviting political piopect.
As 1 would not Indulge In self -stultification
so I would not b prescriptive, I would wel
come all who come to battle on our side now,
for what now is In issue; and I would repel
none whose help we may have now, because
we did not get It In some campaign of the
past; Just as wc welcomed those who came
to us first In '96. after a life-time of cppol
tion. 1 am one of thoe who believe that no man
who did not support the ticket In '96 or 1900
can be available for the presidential nomination
in 1W4. The reasons for this conclusion ore
so many and so evident that any spectilcatlon
would be tiresome as well as useless. But the
Ipsues will aroune th patriotic citizens to a
nigh pitch of leal and energy. We shall stand
for the reforms so ardently desired by many, so
vital to many.
RIFE FOR A CHANGE.
The country Is ripe for a change. The Re
publican party has been tried, and surely has
been found wanting, sadly wanting.
L-aoor and cap.tai old fair to unite In aup-
-en round wanting, sadly wanting.
Labor and can.tal bid fair to unit In
port or in democratic stancara Dearer.
Our platform should tell the world that In out
party the criminal trusts shall find a foe not
to be appeased or diverted. We should voice
the sentiment of Democracy and of fairness
for a revision of the tariff; not to destroy, but
to tae from destruction. Extravagance, bo
typical of modern Republicanism, should give
place to Democratic economy, without which
governments become Intolerable.
The offUrs of the United States should en
gage the best consideration of our nation's
statesmen, and wild projects beyond the seas
should no lonr aborb our substance or un
dermine our noble Institutions. Practical Dem
ocratic sense will win.
Senator Newlands, In the course of his
address on "Democracy In 1904," touched
the money question as follows:
As to the money question, Mr. Newlands said
that time had vindicated the doctrine advanced
bv the Democratic party In 1K6 and 1900 as to
the quantatKc theory of money. The Reoub
llcan partv In 1&73. when gold was at Its lavv
est ebb of production, when the gold minei
were not supplying sufficient even to satisfy
th demands of the arts, demonetized silver
gold's natural ally and complement. The re
sult was the panic of 1S73 and the depression
lasting until 1878. when silver was nurtlally
restored by the Bland act.
.in 1S93. when, although gold had slightly In
creased in production, tho demand for geld
was so great on the part of Russia, Austria and
other nations, as to dra'n our gold away, the
gold withdrawal was supplemented bv the sll
xer withdraway, through the repeal of the
Sherman act: and so our country, deprived by
iiicse two lorccs ui u HUiuucni circulating me
dium, 5tru??led on the shoals of bankruptcy
end distress from 1S93 to 1S9. The Increased
production of rold. the unanticipated .was a
relief, and to-day we have In this country a.
pr capita circulation of $30 of gold, silver and
Daper, cs against $23 per capita. In 1S96, an in
crease of nearly one-third.
We contended for quantity In ISM. and we
were told that quality alone would give us re
lief. Quality gave us none; but tn 1S9S and In
subsequent years, increase In quantity vindicat
ed our theory and the wisdom of our demand.
The results of the quantitative theory are now
realized, and we can make no marked issue
upon the money question until the quantity Is
again diminished. It Is clear, therefore, that
the money question, though an Important one to
economists and statesmen, has, as a practical
Issue tn the campaign, been temporarily ellml-1
nated.
The Democratic partv will remain true to Its
ancient tradition of blmetallsra and be ready
to reassert It when diminution In the quantity
of money, either as a result of an Increased
demand for cold or the diminished nroduction
of gold, requires It; but until then, though the
party will show Its friendliness to silver when,
opportunity offers. Umetsdlfm will rest in Sxt
ance as an active political Issue
THE OFFICERS AND DIRECTORS
solicit accounts of those desiring new and additional banking eennectlons and extend to
PATRONS AND FRIENDS
thalr best wishes for
A HAPPY AND PROSPEROUS NEW YEAR.
N. B.-To those who deposit money on time certlfIoate9, this Bank offers tho GREATEST
MEASURE OF SECURITY and PAYS THE HIGHEST RATE OF INTEREST allowod by the flrst-claas
banking institutions of St. Louis.
COMMONWEALTH TRUST COMPANY
CAPITAL AND SURPLUS
$5,500,000
BEGIN THE , NEW YEAR
WITH A BANK ACCOUNT.
YOU CAN DEP08IT ONE DOLLAR OR MORE AND RECEIVE 3 INTEREST THEREON.
HOME SAVINGS BANKS.
OPEN MONDAYS UNTIL 7:30 P. M.
COMMISSIONER MARSHALL
IS ORDERED TO WAGONER.
Instructed to Clear the Docket
Court Over Which. Trotter
rrealdeil.
In
HEFITBIJC SPECIAI
Muscogee, I. T.. Jan. X. United States
Commissioner II. I Marshall of Eufaula
has been ordered to 'Waeoncr by Judge C.
W. Ilaymond to clenr the docket of all
business accumulated during the mysteri
ous absence of United States Commission
er Trotter.
Trotter disappeared Just before the trial
of United States Commissioner Clarence
Leeds of Sapuipa on a charge of usurpa
tion of ofllce. he being the most Important
prosecuting witness. This was two weeks
ago. Trotter ha"! not been heard from and
the Federal officials of the district cannot
locate him. When last heard of ho was In
Fort Smith.
Trotter Is a Republican politician, ap-
?otntt(i Commissioner by Judge Raymond,
lo formerly owned the South McAlcster
News and was editor of the Wagoner Re
publican. TELEGRAPH NEWS
BRIEFLY TOLD.
BOSTON Mark Ijewls, a contractor and
builder, filed a voluntary petition in bank
ruptcy, with liabilities scheduled at 5113,
c:0 and no assets.
McKEESPORT. PA. The National Roll
ing Mills of the United States Steel Cor
poration resumed operations and tho tube
and pipe mills will start up at once. The
resumptions will furnish employment to
8,000 men.
" SAN FRANCISCO Captain H. O. ColbT.
purchasing paymaster. In charge of the
navy pay office, retires from active service
with tho incoming year. Captain Colby
entered tho service In the spring of 1S63
nnd has been connected with the depart
ment for more than forty years.
HAMILTON. O.-Constable William H.
r Morton was fatally shot by Buezenskl. a
.ronan lawyer, jiuezensm was arterwaras
shot by George Sullivan, a friend of Morton.
BAN FRANCISCO Tho United States
Arm? transport Thomas sailed for Manila,
via Honolulu and Guam, with two troops
of tho Second Cavalry, under command of
Captain J. II. Gardner, eighteen hospital
men, fourteen Signal Corps men and a.
largo number of cabin passengers. Includ
ing many army and navy officers.
Or
fTh
e
tfk
c.i . o ..,.
,31. ivOtus ivepuoiic s
NEW COLOR
MAGAZINE
Is growing in beauty and quality with" each' succeeding number.
For the issue of January 3, a striking cover has been painted by
the clever young artist, Seymour 51 Stone.
"SHIFTING THE SOCIAL CENTER," by Harry Thurston Peck,
Is an important article showing how the very wealthy have over
reached themselves in the attempt to concentrate the exclusive cen
ter of the social world at Newport. Mr. Peck's fame as a student
and writer of social economics is world-wide, and this article
Bhould interest every- reader of The Republic.
"REVIVING AN OLD FAD,"
In tue colored pictures, will be highly interesting and instructive
to the ladies for making bead work, which is now the reigning fad.
"WHAT IS THE MATTER WITH THE FISH?" by John Z. Rogers.
This article tells of the disappearance of sea food from American
waters, due to the reckless slaughter of lobsters and fish through
lack of national legislation.
"PEDRO ALVARADO" His Career, by Eugene P. Lyle, Jr.
An interesting article on the career of the Mexican mining Croe
sus, whose jump from a day-laborer to a multi-millionaire prince
came almost in a single night.
"NEW YEAR RECEPTION AT THE WHITE HOUSE,"
Is a beautiful double page in color by Sigurd Schon.
The Republic feels confident that very shortly its color mag
azine will be equaling in every way, if not surpassing, the magar
zines that sell for ten cents.
The Republic's new magazine Is filled with" good stories, and
pictures in abundance, for the delight and instruction of everjr
member of the family,
Three Color Sections Next Sunday
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