PRESIDENT'S MESSAGE.
This Country Had No Part In Hrlnglng About llcvolt
of Isthmian or Making It Successful.
SAYS CIVILIZATION DKMANDKI) HIS COUItSE.
The Duty of Congress Now It to Do
cldo Whether tho Canal Shall
Bo Completed.
Congress reassembled Monday. Pres
ident Roosevelt submitted a statement
of his action In executing an act ap
proved June 28, 102, by which "the
President was authorized to secure for
the United States tho property of the
Panama Canal Co, and the perpetual
control of a strip six miles wido acriw
the lithmus of I'nnnma. It wns fur
ther provided that "should tho Presi
dent lie unnhle to olitnln for the United
States a satisfactory title to the prop
erty of tho new Panama Canal . Co.
and the control of the necessary ter
ritory of the republic of Colombia .
. . . within a reasonable time and
upon reasonable terms, then the Pres
ident" should endeavor to provide for
a ca.nnl by the Nicaragua route. Tho
language quoted defines with exactness
and precision what, wns to be done,
and what as a matter of fact hns been
done. The President was authorized
to go to the Nlcaramian route only If
within a reasonable time he could not
obtain "control of the necessary terri
tory i f Mil republic of Colombia." This
contiol hns now been obtained, tho pro
vision of the ai't has been complied
with; it In no limner possible under
existing legislation to go to the Nicar
agua route aa an alternative.
"Under the llay-l'annccfole treaty It
was explicitly provided that the United
States rhunld control, police and pro
tect the canal which was to be built,
keeping It open for the vessels of all
rations on equal terms. Tho United
8tates thus assumed the position of
guarantor of the canal of Its peaceful
use by all the world. The guaranty
Included as a matter of course the
building of the canal. Tho enterprise
was recognized ns responding to an In
ternational need; and It would be tho
veriest travesty on right and Justice
to treat the governments In possession
of the I .st h mu a as having the right to
close the gates of Intercourse on the
great highways of the world, and Jus
tify the act by the pretension that
these evenucj of trade and travel be
long to them and that they choose to
ahut them.
The history of Colombia's refusal to
ratify the Uny-Ilerran treaty Is next
set forth. The recommendation of
Colombia's canal commission that no
action be taken until October 31, l!ol,
at which time the extension granted to
the new Panama Canal Company will
expire Is construed to mean that Co
lombia Intended to confiscate the rights
and property of the company, an act
which would have Involved a conflict
with France.
The first Information concerning tho
rebellion In Panama was received by
the Navy Department October 15 and
this was followed by tho advices
showing the gravity of the situation.
The President says: "In view of all
; these facts I directed the Navy Depart
ment to Issue Instructions such as
would Insure our having ships within
easy reach of the Isthmus In the event
OHIO LEGISLATURE MEETS.
Governor Calls Attention to the No
eegaity for Economy In Expenses.
j The seventy-sixth General Assembly
of the State of Ohio convened Monday
In biennial session. There was a full
attendance. Economy In state expen
ditures Is the keynote of the message
of George K. Nash, retiring governor.
Referring to the fact that the expendi
tures of the state during 1903 were
nearly $500,000 In excess of the gen
eral revenues, reducing the surplus of
$2,809,122 in the state treasury at the
close of 1902 by $470,919, the governor
says: "All thla emphasizes the neces
sity of strictest economy in the admin
istration of all of the affairs of the
atate."
The governor refers to pressing de
mands for the building of armories for
all the militia of the state, the rehabil
itation and improvement of the canals,
and increased appropriations for unl
verstles supported by the state.
"It is simply Impossible," the gover
nor says, "to listen to these demands."
The governor recommends that $12
per year be paid each member of the
state guard 'attending weekly drills,
and that during the present year tho
guard be placed in the camps of the
United States.
The governor urges the erection of a
bronze monument to Arthur St. Clair,
the first governor of the Northwest
territory, at the state capital.
The message also contains recom
mendations for the enactment of a uni
form rode of school laws, amendments
to the insurance laws suggested by
the state commissioner, and the encat
ment of new laws governing primary
elections. Referring to the recommen
dation of the state engineer that $1,
600,0op be expended in Improving the
canals of the state, the governor ex
presses the hope that some method of
raising the money be found for this
purpose. The canals have been a bur
den to the state tor a large number of
years, the governor declares, and they
should at least be made self-sustaining.
15,000 Peoplo Affected,
The closing down of Chicago theaters
by orders of Mayor Harrison has
caused paralysis of business In many
directions. Three thousand actors,
stage bands and people who depend
entirely on the theaters for a living
are Idle. Restaurants that cater to the
theatrical audiences have laid off em
ployes. - The hotels are complaining
and traffic with the street railways has
fallen off.
It Is estimated, that 15.000 persons
will suffer from the .Mayor's closing
order. "
of need arising. Orders were given
on October 19 to the Boston to proceed
to San Juan del Bur, Nicaragua; to
the Dixie to prepare to sail from
League Island; and to the Atlanta to
proceed to Guanlannmo. On October
30 the Nashville was ordered to pro
ceed to Colon. On November 2, when
the Colombian Congress having ad
journed. It was evident thetthe out
break was Imminent, end when It was
announced that both aldea were mak
ing ready forces whose meeting would
mean bloodshed and disorder, the Co
lombian troops having been embarked
on vessels, the following Instructions
were sent to the commanders of the
Boston, Nashville and Dixie:
"Maintain free and uninterrupted
transit. If Interruption Is threatened
by armed force, occupy the line of rail
road. Prevent landing of any armed
forco with hostile Intent, either gov
ernment or insurgent, at any point
within fit) miles of Panama. Govern
ment forco reported approaching the
Isthmus In vessels. Prevent their
landing If, In your Judgment, the land
ing would precipitate a conflict."
"These orders were delivered In pur
suance of the policy on which our gov
ernment had repeatedly acted.
"The fact that In thla last revolution
not a life was lost, save that of the
man killed by tho shells of the Colom
bian gunboat, and no property de
stroyed, was duo to the action which I
have described. We, In effect, policed
the Isthmus In the Interest of Its
inhabitants and of our own national
needs, and for the good of the entire
civilized world.
"I hesitate to refer to the Injurious
Insinuations which have been made of
complicity by this government In the
revolutionary movement In Panama.
They are as destitute of foundation as
of propriety. The only excuse for my
mentioning them Is the fear lest un
thinking persons might mistake for ac
quiescence the silence of mere self
respect. I think proper to Bay, there
fore, that no one connected with this
government had any part In prepar
ing, inciting or encouraging the late
revolution on the Isthmus of Panama,
and that save from the reports of our
military and naval officers, no one con
nected with thla government had any
previous knowledge of the revolution
except such as was accessible to any
person of ordinary Intelligence who
read the newspapers and kept up n cur
rent acquaintance with public affairs.
"I confidently maintain that tho
recognition of tho Republic of Panama
was nn act Justified by the r1itprest3
of collective civilization. If oyer a
government could be said to havo re
ceived a mandnte from civilization to
effect an object tho accomplishment of
which was demanded In the Interest
of mankind, the United States holds
that position with regard to the inter
oceanic canal.
"In conclusion let me repeat that the
question actually before thlg govern
ment Is not that of the recognition of
Panama as an Independent republic.
That Is already an accomplished fact.
The question, and the only question.
Is whether or not we shall build an
Isthmus canal."
RECORD OF THE COLD WAVE.
Lowest Temperature Repotted for
Many Years,
Intensely cold weather prevailed
over New York, Pennsylvania, Ohio
and the New England States from the
3rd to the 6th of January.
The coldest weather In many years
was reported thioughout tho Adrton
dack region Monday night. At 8a
ranac lake It wag 40 below and at
Lake Placid 41 below. An averago
temperature of 30 degrees 'below sero
prevailed throughout the central and
Western part of the State.
Pennsylvania, New Jersey and D?la
waie experienced the coldest weather
In years, in many places thermometers
registering a lower tempreature than
at any time since 1875. Other Penn
sylvania towns report the following
temperature: Tyrone, 27 degrees be
low zero; New Castle 25; Ixck Hav
en 25; Cherrytree, 34; Wlnbor, 31
Ventondnlo, 28; Sharon, 15; Meadvllle,
32; Conneaut Lake, 38; Corry, 39;
Irwin, 22.
At Slinrpsbnrg, Md a record of 20
degrees below was reported.
HOPES FOR PEACE.
King Edward Exercises Good Influ
ence With the Czar.
The outlook In the Far East is for
peace. King Edward, It is under
stood, has been using his Influence
with Emperor Nicholas In the effort to
avert war. and so far he has been
successful. H is clear thnt if war is
to be avoided, Russia must maka
such concessions as will satisfy Japan.
or at least Justify the powers In rep
resenting to that country that Rus
Bla has conceded as much as cculd be
expected of her. Russia's reply is
said to be drawn up In a conciliatory
spirit. It includes concessions re
garded as very Important by Russia,
and Is accompanied by the hope that
the proposals will prove acceptable to
Japan.
Promoters Arrested,
Frank Jagcr and John Jager, well
known throughout the United States
as mining stock brokers and promo
ters, were arrested In Chicago on the
charge of using the malls In a scheme
to defraud. The arrests were order
ed by Government officials, after an
Inquiry bad been mad into the bus
iness methods of the Model Gold Min
ing Company and the Jager Oil Com
pany, of which Frank Jager Is Presi
dent and Treasurer and John Jager,
Secretary. Upwards of $800,000 is In
volved. .,.. ' '
INTERNAL, COMMKRCI.
Cattle Receipts st Leading Market
Centers Were Larger Than the
Previous Year.
Reports relating to the Internal
commerce of tho United States for It
months ending with November, as
presented by the depnrtmvnt of com
merce and labor, through Its bureau
of statistics, show In general that
staple commodities at primnry mar
keta have thus far this year held their
own compared with the movements of
1902. Grain and live stock receipts
at leading centers have, as a rule,
reached, If not exceeded, last year's
level. To the end of Novembor, 7.
682,382 head of cattle weie received
at Ave leading markets, compared with
6,994,719 head for the corresponding
period of 1902. Heielpts of all kinds
In tho 11 months were 29.995.374 head
In 1903 and 29.478.442 hvad In 1902.
The western trade In live stock Is
generally undergoing one of those re
adjustments which Inevitably forma
the sequel to a period of high prices.
The supply side of the situation has
for some time been working off Its
finished product, which was put Into
the process of preparation for market
on tho high-prlcetl level for unfinished
stock which prevailed during 1901-02.
Comparisons of quotations and of
quantities marketed would seem to
indicate that the cattle trade from
the produce! s' slih? of tho msrkft has
not yet succeeded .In finding thnt new
basis in eoBt of production which cor
responds to the level of the consum
ing demand, for meat products. Nev
ertheless, retail meat prices are ap
parently slow In receding. Stocks of
cut meats at the Ave markets are,
however diminishing. Only five
months ngo (July) they weie 25 per
cent larger than In 1902, whereas on
November 30 this year they were
barely 8 per cent larger than In 1902.
Whent movements continue to bo
Influenced by milling demands. Up
to the close of November Minneapolis
waB reported ns still drawing wheat
fiom wlnt.'r-whcnt territory ns far
south as Oklahoma. Largo quanti
ties of flour have been going out from
Minneapolis to China and Australia.
Total shipments, domestic and foreign
from Minneapolis In November. 1903,
were 2.073.100 barrels, compared with
3,192.090 In 1902. This increase
Is not conflnvd to the northwest, but
on the North Pacific const as well
milling demands have kept up the
price of wheat to the level which has
materlnlly restricted exports, In
spite of the lowest ocean grain rate
on record between the Pacific coast
and Bnrope. Meanwhile shipments
from the southern hemisphere have
come to the front and will be materi
ally Influencing the wot Id's market of
wheat for the rest of tho crop year.
LARGE OIL TRACT 80LD.
Over 200 Producing Wells Included In
Deal.
The Pure Oil Producing Compnny of
Pittsburg. In which E. II. and Rich
ard Jennings are heavily Interested,
has purchased In holding of D. A.
Cameron & Sens, of Marietta, O., in
Washington county, O.. for a sum In
tire .neighborhood of $1,250,000.
The property Is one of tho moBt
valuable In 'that section, and It is
probable that the Pure Oil Company
will at once arrange for tho extension
of Its seaboard pipe line to the prop
erty, at a cost of about $250,000, Ag
gressive drilling will also be started.
Its acquirement is considered a
shrewd move on the part of the Jen
nings comrany.
The property transferred Is about
seven miles long and about three
miles wide. It embraces about 5,000
acres of land on which more than 200
oil wells are now producing, In addi
tion to six or eight gas wells, which
were completed some time ago. There
are also locations for about 200 more
wells within the limits of the proper
ty, all within proved territory. Tho
daily average production of the wells
Is about 1,100 barrels, and it Is under
stood that this will be increased at
once by active drilling. This means
something with oil at Its pttsent
price.
DIVIDEND PA8SED.
Earnings of Steel Corporation Show
Great Shrinkage.
The dividend on United States Steel
common was passed at the quarterly
meeting of the directors, but the reg
ular 1 ptr cent was declared on the
preferred s'.ock.
The statement of earnings for 1903
shows a great shrinkage in the busi
ness of the corporation. Net earn
ings. December estimated, aggregate
$108,979,012. as agalnrt $133,308,703
in 1902. and $105,947,160 In the first
nine months of the corporation's his
tory In 1901. n iefly, business for the
12 months of 19(3 was only about 13,-
OOO.ooo In excess of that for the first
nine months of tho corporation's exist
ence.
The official announcement that the
Stsel Corporation will this year make
no change In the profit-sharing plan,
made public December 31, 1902, makes
a two-year trial of tho scheme a cer
tainty.
ROBBERY IN 8KY8CRAPER.
Bold Thieves Work on Sixteenth
Floor of Masonlo Temple.
With persons in business In offices
all about him David Freedman. a Jew
eler with offices on the sixteenth story
of tho Masonic Temple Building, Chi
cago, was held up by two men and
robbed of $4,300 In currency, diamonds
and watches.
The men forced their victim to open
his safe as well as his showcases
containing the Jewelry. He was then
locked In a small closet used as a
laboratory. No one saw the maraud
ers, their quick intimidation of the
Jewelry being followed -instantly by
drawing down the curtain covering the
large window looking out on the Ma
sonic Temple rotunda.
Henry C. Evans) United States con
sul general at London, sailed from
Southampton for New York on the
steamer Oeutscbland.
WH1RUD IKTO THE JRVS Of 0E1TH.
ENGINEER IS BLAMED.
Disobeyed Orders and Running C3
Miles an Hour Crashed
Into Freight.
Seventeen persons were killed and
37 Injured In the Hock Island passen
ger wreck nt Wlllard, Kas. Most of
the Injured are In hospitals In Tope
ka. The doctors announce that all
will recover with the exception of
Mrs. M. A. Hill, or Oreensburg, Kas.
The dead: Mrs. J. II. Hill, Greens-
burg, Kas. Mrs. V. S. Martin. St.
Joseph, Mo. Mrs. Mary Harvallln,
Chllllcothe, Mo. lien llarvallle. son
of Mrs. llarvallle, aged 13. Tot
llarvallle, daughter of Mrs. llarvallle,
aged 3. Mrs. Susan Reed, sister of
Mrs. Ilavallle. James Griffin. Clare
mont, Mo. E. E. Myer, Iluffnlo, N.
Y. E. It. Ranking, DcKalh, Mo. Will
iam J. Wells, Jacksonville, 111. Mrs.
Mary Kaiser, Russian; address un
known. Gnle Fuller, aged 7, Brock-
ton, la. Grace Reed. Chllllcothe,
Mo. Lenos Heed. ChllUcuthe, la.
Unidentified boy, aged 8 years.
It Is thought that carelessness of
trainmen caused the wreck. Instruct
ed to meet a special freight train at
wlllard, tho engineer and conductor
of tho Ill-fated passenger noting that
a freight train stood on the sidetrack
at Wlllard, rushed through, thinking
that the ears they bnd seen were the
ones which they had been instructed
to pass.
Under tho Impetus of full steam tho
Vassenger train leaped Into tho dark
ness and then came an awful grinding
of the airbrakes and the craph of
death. Not a note of warning mndo
Itself known to the passengers, who
Halm the train was traveling 65
mlleg an hour when It collided head
on with the freight. A moment Inter
a mnss of splintered wood and twist
ed iron fell upon them.
Tim gieatest loss of llfo wns In the
first coach where those sitting in the
rear were crushed to death by the
telescoping of the car by the sleeping
ear that followed. The hero of the
wreck wns Frank M. Hell, of New
York, en route to El Paso.
CLEVELAND NAMED.
Party Leaders Give Advice at Banquet
In New York.
Dernocrnts of eminence In city,
State and nntlon assembled In New
York City nt a banquet at Blierry's In
honor of George H. McClellan, the new
ly Installed Mayor.
Ex-Presldont Orover Clevolnnd, Sen
ator Arthur P. Gorman, of Maryland,
Judge Alton II. Parker, of New York,
and Senator John T. Morgan, of Ala
bnmn, sent letters.
The speakers Included Messrs. Ol
ney. Hill, Montague, Towne, Ite Ar
mond, McClelland and ex-Congresamnn
W. llourke Cockran, who acted n
toast master.
In Mr. Olney's address Giover Cleve
land wag held up as the most sultublo
candidate for the presidency In the
coming campaign.
TELEGRAPHIC BREVITIES.
Arbitrators at Caracas allowed
$381,000 to 23 American claimants.
Congressman Overstreet Is reported
to have lost his fortune in a business
venture.
John A. Benson, charged with land
frauds In the West, was arrested In
New York.
M. W. Mills. Vice President of the
Peoples Savings Bank, Sioux Falls,
S. D., committed suicide.
Orders were sent out from the of
fice of the H. C. Frlck Coke Company
for the firing up of over 1,500 ovens.
It Is said the better element In
Santo Domingo Is seeking annexa
tion by the United States, or a protec
torate. It Is again reported that Germany
is seeking a coaling station on the
Island of St. Thomas, Danish West
Indies.
The question now halting the ne
gotiations between Russia and Japan
is a proposal by Russia to establish
a neutral zone In Korea.
. Four perBong were killed and three
Injured by the explosion of the boll
erg of the British cruiser Wellaroo off
the coast of Australia.
Governor Beckham, of Kentucky, In
his message to the legislature, de
nounced the reports of feuds in Ken
tucky as grossly exaggerated.
Tho torpedo boat flotilla, with the
cruiser Buffalo as convoy, has left
San Juan, Porto Rleo, for Tenor.lffa,
Canary Islands, on the way to Manila.
A provision and packing company
In Denver hag made a contract with
representatlvea of the Russian gov
ernment for 700,000 pounds of mesa
beef.
German and French cruisers aro In
Ilalt'lun wattrs using pressure to
ward securing clemency for accused
officials of the National Bank of
Haiti.
Ruth Folsom Cleveland, the oldest
daughter of former President Grover
Cleveland, died of heart failure at the
Cleveland home in Princeton, N. J.,
in her twelfth year.
For the first time In ten years the
eastern and western passages of
Narragansett bay are closed by Ice.
About fifty vessels have been caught
In the ice, which In some places is ten
inches thick.
MEXICAN MINE HORROR.
Twenty Men Killed and 40 Hurt by a
Terrmo Explosion,
At the Los Laureles mines, near
the bamlet of La Yesca, a large
number of boxes of dynamite which
were stored In a powder house ex
ploded, killing 20 men and injuring
40 others. The detonations of the
explosion could be head several
leagues and the earth shook so hard
that an American mine owner work
ing his mine a lttagus away was struck
by a falling rock and killed.
NO FIRE PRECAUTIONS.
Managers of Iroquois Theater Admit
Carelessness In Thla Mattor,
Exits Locked and Bolted.
Pefgore Monro Fulkerson, who la
conducting the Fire Deportment Inves
tigation Into the Iroquois Theater lire,
the proprietors of the thenler testi
fied. Will J. Davis, Hnrry J. Powers
and Thomas J. Nounsn, active mana
ger of the Iroquois, all pleaded Ignor
ance of any precautions taken to pre
vent loss of life by fire at their thea
ter. They admitted failure to In
struct employes In fighting fire, and
failure even to provide suitable appli
ances for use against flames. Their
statements were corroborated by the
testimony of 20 employes of the thea
ter, none of whom had ever 'b-ren told
his duty In cane of fire.
Noonan, who in the working mana
ger of the theater under direction of
Davis and Powers, admitted that 11
of the theater exits were locked and
bolted. Two of these exits leading
to the front of tho thenter nn the
ground floor were locked, three addi
tional exits on the north side of the
ground floor were bolted, three exits
on tho north side of the thenter from
the first balcony were bolted and
three on the north nldo of tha sec
ond balcony weio butted.
Had these last three exits In each
balcony been available, according tu
Inspector Fulkerson, the loss of llfo
would have been greatly diminished.
Noonan declared that no person bnd
been named by tho theater manngiv
ment to superintend tho operation of
the ventilators or tha thenter In ensa
of fire, and Unit In consequence th,)
flames had Leon fermltted to sweep
the place Instead of seeking n nntu
ray outlet through the stage roof.
From figures obtained by Noonnn It
became evident that almost one In
three of the peoplo who attended the
matinee lost their lives, the percent
age being a trlllo over 31 per cent.
The theater Boated l.fiofl persons, and
In addition to these 236 had been ad
mitted after all seats were told, mnk
Ing a totnl or 1.842 persons In the
thenter, of whom 591 weie killed.
David Jones, John Kingsbury, Otto
Rauseh and Wllllnm Brown, tho Ful
ler Construction Company employes
arrested on a charge or malicious mis
chief In destroying evidence at tho Iro
quois Theater by changing the sky
lights, were held under bonds of $2,nno
each. Their cases wero set for hear
ing January 11.
8ecret of the Fire.
Fire Inspector Fulkerson announced
that he had discovered the secict of
the fire. Tho asbestos curtain upon
which tho surety of the audience de
pended was, according to Mr. Fulker
son, blocked In Its descent by a steel
reflector, ca-i'lrs.ily left open -by a
stage hand. While one end or tho
curtain got to within five feet of the
stage, the other wag suspended 20
feet nb-jvo It, and benenth It swept
the flood of flamo Hint carried death
to so many hundreds. The first step
toward a definite conclusion as to the
causa of the fl:o was mado when Wil
liam M Mullen, operator of the sp jt
light, threw tho blamo upon another
electric light nearby. The task was
completed when Mr. Fulkerson follow
ed up a clue furnished by John A.
.Mazzonl, a stage hand, and discover
ed the deadly reflector still open In
the ruins of the theater.
Will J. Davis and Harry Powers,
proprietors or the Iroquois theater,
and Building Commissioner Williams
are under arreBt, charged with man
slaughter. They have been released
on $10,000 bonds. The warrants for
their arrest wore sworn out by Arthur
E. Hull, who lost his wife and three
children In the fire. Mr. Hull ex
plained that bis action wns not in
spired by any motive of vengeance,
but simply to make it certain thnt tho
owners of tho thcator should not es
cape any chance of punishment that
was rightfully theirs while stage
hands and electricians and other em
ployes were compelled to suffer.
Ghouls by the score flocked to the
scene of the theater and began rob
bing the dead. They crushed
through the doorways of the tempor
ary morgues by the hundreds in the
guise of frantic mourners seeking for
their loBt relatives, and they carried
off rings, watches and purses and Jew
elry despite the utmost efforts of the
police.
Mayor Harrison, of Chicago order
ed all the theaters In the city closed
until the owners comply with the laws
requiring fire protection.
Nearly 10,000 Failures.
There were 9,768 failures reported
to Bradstroet's In the calendar year
1903, with liabilities of $154,277,093
and assets or $84,000,471. This mark
ed a decrease In number of Just 2 per
cent from 1902, and of 8 per cent
fiom 1901. With the cxeep'.-ton of
1899, the Increase over which Is 1.4
per cent, the year 1903 sjiovs tho
smallest number of failure caualllc3
reported since 1897. Liabilities,
however, owning primarily to the in
crease in suspensions of financial ins
titutions, but also becauso of the con
siderable number of heavy manfnetur
Ing concerns suspending, weie larger
by 45 per cent than those of lfti2, nnd
the heaviest In fact, since 1897.
Trainmen Met Death.
Baltimore and Ohio passenger train
No. 4, fiom St. Louis and Cincinnati
to New York, running as a double
header, crashed into a loaded steel
coal snow at Evlttg creek, Mil., kill
ing Engineer 8. E. Robertg. Firemen
H. P. Klrby and B. F. Keefanver. No.
1 wag about due, but. It la alleged
contrary to ' Instructions, the engi
neer of the freight "train began to
shift cars on the main track. A steel
being shifted received the full force
of the passenger train, which, how
ever, was not under full headway, as
slow orders are observed In moving
through the yards toward Evltts
creek.
Dr. Charlea W, Dabney resigned as
President of the University of Ten
nessee, to accept the Presidency of
the University of Cincinnati, the
change to take place September 1
next.
Iron and Steel Show Result of Con
traction, but Wheat and Corn
Exports Are Brisk,
n. O. Dun A Co.'s "Weekly Review
of Trade says: Retail trade has
been somewhat slow to recover from
holiday dullness, pnttly because of th
bad weather, which also retarded col
lections to bo mo extent. On the othet
hand, low tempernture stimulated the
demand for seasonable goods, and
burdensome stocks In the hands of
dialers were reduced. Mills and
factories report Irregular conditions,
some Industries opening tbe now year
under very favorable auspices, while
other branches are extremely quiet.
Latest returns of lallway earnings for
December sie 6.4 per cent above the
previous year. In the Iron and steel
Industry the year opens with quiet
conditions as to demand, but much
Irregularity In wages. Numerous ra
ductlong went Into effect and several
otbets are contemplated. During
Inst quarter net earnings of the lead
Ing producer were less than half those
of the corresponding months of 1902,
and similarly unsatli-factory exhi
bits were mnde by other concerns.
These official returns Indicate the
heavy contraction In this Industry
nnd there was a very large decreasa
In orders on hand at the opening of
the year. Aside from purchases by
traction companies, there Is no de
mand for sieel rails, nnd It Is an
nounced that lower prices will be nec
essaiy to stimulate Interest. Fail
ures this wrek In the United BtBtes
are 4o, ngnlnst 2.13 last week, 284
the preceding week and 350 the cor
responding week Inst year. Failures
In Canndn number 37, against 17 last
week, 22 the preceding week and 24
Inst year.
Hrntlstreet'g says: Wheat, Includ
ing Hour, exports for tho week rndln
January 7 aggtegate 3.369.323 bush
els, agnlnst 2.11)5. 236 biiKheels last
week nnd 5.098.951 bushels this week
last year. From July 1, 1903, to date
they aggregate 89.5113,029 bushels,
against 134.154.1S7 bushels last sea
son. Corn exports for tlie we?k ag
gregate 1.219,599 bushe ls, against 925.
085 bushels last week, and 2.856,981
bushels a year ngo. From July 1 to
date they aKregntn 29,890.106 bush
els, agnlriBt 13.519,418 bushels Inst
season.
GROWTH OF JAPANESE ARMY.
Weaker In Calvary Than Other
Arms of the Service.
In a paper In the Journal of the
United Servlco or India on the growth
of the. military power or Japan, Cap
tain H. W. H. Senior traces the origin
or tho present Jitpunt ,? army to the
action or the mikado, when a "rem
mist.'on was snnt out from Japan to
all lorelgn countries in 1869 to In
quire Into the bent system of national
defense, tho best system of education
and the brst religion. On Its re
turn the conimbslon reported tho
French military system, the British
naval system and the American sys
tem of cdutaiJon to bo the best. They
slated, however, that they found no
civilized religion to be worth adopt
ing." in 1887 the mlkndo undertook the re
organization of Ms land forces on
Prussian lines, with the assistance of
a German military mission. The Is
sue was seon in the trlump of Japan
In the war with China In 1895.
The Indemnity received from China
was partly applied to the further re
organization of the army and reforms
were Instituted which were "to be
completed In April, 1903, and to be In
full working order by 1905, when the
Japnnese army will have a peace
strength of 150,000 men and 30,000
horses, capablo of expanrlon by train
ed men to an army or 600,000 men
nnd 100,000 horses for war, with a su
pernumerary reserve of another 600,
ooo men."
The mikado, as head of the empire.
Is assisted by nn advisory board of
generals and admirals.
Tho cavalry aie armed with sword
and carbine, those of the Imperial
guard alone carrying a lance for escort
duties. This Is the weakest portion
of the army, the Jnpanse being Indif
ferent riders. The artillery and the
englueers are well organized and
equipped. The medical arrangements
are excellent.
Increase In State Revenues.
In his forthcoming annual report on
the finances of Pennsylvania State
Treasurer Hairls says thnt the re
ceipts for this year Indicate a steady
and continual Increase In the rev
enues. The net debt of the State was
decreased during tho year $96,630.16,
which lenves it at $278,995.16.
CAPITAL CULLINGS.
Representative Achrson was made
the Pennsylvania member of the Re
publican Congressional Committee.
Mr. Lodeo (Rep., Mass.) mado an
eloquent defense or the administra
tion's Panama policy.
The Senate agreed to a resolution
requiring the District or Colombia
Commissioners to report on the safety
or Washington theaters.
A minority report, has been pre
pared by members of the Senate Mil
itary Affairs Committee on the case
of General Wood.
The House sent the resolution for
an investigation of Brlstow's charges
affecting members of the House to the
Postotnee Committee.
Tho Senate confirmed these nomina
tions: John C. Black. Illinois. Civil
Service Commissioner; Henry D.
Saylor. Pennsylvania. Consul General
at Coburg. Germany; Lawrence O.
Murray, Illinois. Assistant Secretary
of Commerce and Labor.
The president sent to the senate tbe
nomination of William H. Taft, of
Ohio, to be secretary of war.
In the Senate Mr. Gorman (Dem.,
Md.) Introduced a resolution calling
for documents on Intervention by tbe
United States at the solicitation of
Colombia.
a xi. is. ia a? a.
PITTSBURG,
Grain, Flour and Feed.
Whaat-Nn. 1 rtd m-imn
Ht--No. t
Corn Nn. S follow, ear .......
No. I fallow, alulled............
Mliatl ear
Ostt Nn, I white ,.....
ho. I whit
Floor Vvtnur patent.- ,
Strslght win ur
t n
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: e
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. 4 m
. I So
II s-
it w
it M
.St Vft
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.
. lot
m
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(
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at
40
4 lit
4 00
14 00
II M
H 10
II W
II 00
oe
us
nor no. i innoihy
i lorftr
Nn. I
Feed-No I whits mlit ton
I "own middlings
Iran.biiU
lrw-rMU
4al
Dairy, Products.
Wr Ilfln trnnitf
Obi creamer ,
Fane? t-oualr roll
Okaaaa Ohio, now ,
hm York, oaw ,
Poultry, Eto.
Dost par lb
t klukana draaaad ... ,
Tartar. Ha ,
sssf a. aad Ohio, froab
M
1
IS
It
u
m
it
IT
11
1
II
14
14
la
It
It
v
40
Fruits and Vegotabl
Potato rn-f wMt par bits ... .
Cabbaga iar bbl
Olilena par barrl
Apuiaa par barral
BALTIMORE.
ss.
.. so
. I
.. 1 1
,. IUJ
It
I I)
4 00
Flour-Winter t'alaat W 4 49
Wb.at-No. I rail . It W
lorn-mlxea Ml SI
Km st
Uuitar Crasiuar 4a 4
PHILADELPHIA .
Flour-Wlutar I'alani .tlH 4 01
Wt:iit No. Ired M wt
Corn No. Umlxail as 40
Oat No. whlio 1 44
Hutiar troamarr, Mtrit ... (4 'Jft
! PuuajflTul liru.... U S
NEW YORK.
Flnar-ratrtit .. ...! 11 4
VbaH N.i. rta..............-..M 4
lorn -No. I 54 b4
()i No, v lilts ...... 41 44
Mutter Creamerr .- -
kll-btlhd I'autiarlvitula U M
LIVE STOCK.
Union 8tock Yards, Pittsburg.
Cattle.
ftlin liravj, HtOto IWM 6M I
film. IMOlo 1400 Iba 4 Ti I M
tladluiD, imu lo lkuu Iba 4 MS 4l
t at liallorn Sue W
Bllli-hrr, DOO lo low lb. J 440
Ciitniiiou to liilr mid 170
tiiMi, coiiiiiii.u to fat ooo 4 00
Comnioo toicood fat bulla and cowa 1 -W IfiO
Mlkaeuwe,ch Jbil K00
Hogs.
Prime haT7 hon l 1 10 111
Film mnlluiii wlhu A 10 5 1)
H'at bravy foikere ami iiimIIiiiii.. 415 110
Oood blsanml ilfhtrorker 4 0) 60)
I'liia. coiiiuiou tosooU 401 4M
Hotiali 171 4 1
fcUg 0J IW
Sheep.
litre, medium waibera f 4 0 4 a
Oooit to cboic "0 4 0(
kUUhiii I DO IN
Common to fair Iw 5
Hrlb Lamba 4 0 W
Calves.
Vrel.eitra 109 TW
Vi-ai.snod to obnlue '0 47)
Veal, ooujuioh bearv.... I0J 4 Ml
REVIEW OP TRADE.
Goneral Level of Prices for Iron and
8tee Maintained Largo Bus
iness In Footwear.
R. O. Dun & Co.'s "Weekly Review
of Trade" says: Violent fluctua
tions In cotton and uncertainty re
garding the situation In the Far East
were the only significant factors In
the business situation during the hol
iday week. Numerous expressions
of confidences are heard regarding
tbe future, especially at the West and
South. Manufacturing plants have
taken a longer vacation than last
year, but many announce resumption
of work on Monday. Textile mills
are confronted with a lack of propor
tion -by prices of raw material and fin
ished products, and costs of produc
tion must be held down in some way
or much machinery will become idle.
Few new contracts for Iron and
steel are reported, yet the general
level of quotations Is fairly maintain
ed and better conditions are expected
early In 1904. Several special trans
actions are reported In billets and wlr
rods at concessions, but these do not
affect list figures. All previous rec
ords of footwear forwarding from Bos
ton were far eclipsed during the past
year and there was an even more
notable Increase In production else
where. As to the textiles, the week has only
augmented unsettled conditions, es
pecially as to cotton goods. In re
sponse to the rise of raw material
sellers advanced prices, but buyers ex
hibited their customary reserve re
garding new business and the week's
trading remained within a narrow lim
it. In the woolen division new lines
of overcoatings continue in moderate
demand. Firmness Is still the feat,
ure in wool. Jobbing trade In dry
goods Is seasonably quiet. Failures
this week numbered 232 in the United
States, against 298 last year, and in
Canada 17, compared with eight a year
ago.
Boston Wool Market.
The wool market Is steady and
Arm. Business has not been active,
but for tbe closing days of the year
sales are quite large, the demand
since Tuesday being very good. The
shipments of wool from Boston to
date from December SI, 1902, are 23tf.
238,050 pounds against 283,758.867
pounds at the same date last year. The
receipts to date are 279,106,592 pounds
against 813,774.152 sounds (or tbe
same period last yea.
There wilt be three csndldates for
the vacancy In the Third congression
al district, George A. Castor. Republi
can; Samuel Randall. Democrat, and
ex-Representative John H- Fow, In
dependent party nominee. Fow may
also be tndottred by the municipal
league.
Gov. Pennypacker resjited Tomasso
Alello who was to have been banged
In Jefferson county on January 12 to
February 23.
The stres and dwelling of Dav'd
K'-ng, at Conntilivtllo. were destroy
ed by Ore, cauilng a loss of f 5.C00.