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E CTraWY a l R EAES. VOL. XL. NO. 91. NEWBERRY, S. C., TUESDAY, MARCH 22, 1904. TWICE A WEEK. S1.50 A YEAR No wberri Tuesd; roundinj ie Gents' F high wil heimer, weaves, the kind Over C Stripe, 1h Our $5 Suits arn Don't w Glapp ar Shoes. opened. Shoes ai *"TW are the Swell dre Ladies'9 DoIt Forge THE COTTON IARKET A SLUMP 6 OF 250 POINTS IN TWENTY MINUTES. Sully's Faiure The Cause-Cotton Has Now Taken Another Upward Turn and Tension Is Relieved. D. J. Sully. the couon operator, wL.o has for fifteen monthi been th Iggcst figure in the ccz-n markets of th: world, and who has 'bulled" c :ton from 7 c-nts a pound to over 7, on Friday announced his n abiitv to make good his engage ments on the New York Cotton Ex change. Within a few n-ovients cotton fell nearly thirtten dollars a bale from the highest figtrcs of the day. Scenes such as followed the an nouncement of the failure it has been the privilege of few brokers to witness before. Traders in the street have witnessed stock panics in previous years; corners have been broken, and many crashes have been recorded, but none has been accompanied by such frenzy and confusion. Shortly after the afternoon ses sion, there - was a lull in the pit and at about five minutes af ter 2 o'clock the announcement of the suspension was made by Su perintendent King, who read from the rostrum this notice: "We regret that we are unable to meet our engagements and, there fore, will have to suspend. Daniel J. Sully & Co. For a fewv seconds there was an ominous quiet over the floor as though the news had stunned all within hearing of the announce ment. Then, with one impulse. a mighty shout went up from the bears: they who had been fighting Mr. Sully and the bull clique for months. Hats were thrown into the air to fall where they would, a moment later to be trampled up)on by the stampede of the pit. Coats wvere torn by frantic b)rokers in madl efforts to unload their hold ings. and chairs and camp stools were dashed into the pit to em phasize some wild broker's offer to sell. Messengers soon were rush i n ini an+u of the building with iy morning we open ou , counties to come and urnishings ever shown :h fine clothig made b3 Fisher & Co. A great made to stand the rom to buy. ne Thousand Pairs of I fixture known by Baltin .00, $7.50 and $10.00 the talk of the town. ait. New lot Edwin id Burt & Packard Fine Oxfords for men just The Queen Quality nd Oxfords for spring things of beauty. All ssers wear them-the )hoe. I the Place. orders to sell or buy; telephone booths were besieged and tele graph offices were flooded with dis patches. As the market slumped 250 points during this period the loss faling on this element amounted to something over a million dollars. The market steadied after about twenty minutes and then there was a sudden upward shoot of about an even hundred points. This sharp upward rise was brought about by the buying of brokers and specu lators, who saw that the market had slumped too far and would reast as it did. A part of the excitement on the floor of the Exchange was caused by the scramble of brokers who wanted just such bargains, and had to fight to get in the ring to get them. The buying rush was al most as exciting and just as noisy, if not more so, as the panic. SULLY'S CAREER. Daniel J. Sully became a factor in the cotton market in January of 1903, when he took up the bull movement. He established a cot ton house of his own last year, un der the name of Daniel J. Sully & Co., but wni his operations in cot ton became so successful, the cot ton market having been pushed up above 17 cents a pound early this year, he widened the scope of his firm's business, bought a seat on the New York Stock Exchange. went into the Coffee Exchange, got a membership on the Chicago Board of Trade, and, it was said, made connection with other prominent exhanges throughout the country. UPWARD TURN ON SATURDAY. New York. March iq.-The ex citement in Wall street that was caused by the anouncement yester (ay of thie suspension of Daniel J. Sully & Co.. was noticeable today, but ~gradlually subsided during the market hours. and at the close of the cotton and stock markets it was generally agreedl that the worst of the effect of the failure was over. The stock market was strong all (ay. The cotton market was nerv ou's andl slumped sharply on bad news in the early morning. but be fore the close even the cotton mar ket became bouvant and moved up to a point far above the loWvest of esterday. Just before leaving his office to day Mr. Suly made statements mn ost Cloth r doors and invite the p inspect the Greatest L in the two Caroli is. r American Tailoring Ai line Boys' and Youth ping boys of today. Mr 4ew Pants to select fror iore's Pants King Make the wea low( ..We Hari of U Cc which he said his troubles had been precipitated by unforeseen circum stances. and that had he been given another day or two in which to ar range his affairs it would not have been necessary for him to have as signid. As matters stand he hopes to liquidate his affairs and resume. He was unable to give any esti mates of his liabilities. .1r. Sully refused to make any direct statement. but through a clerk announced that he hoped to resume within four days. COUMTS CASE DISMISSED. Preliminary Hearing in Case for Violation of Dispensary Law Held Before Nag istrate Adams. The case against Charley H. Counts, of Pomaria, charged with violation of the dispensary law, was dismissed at a preliminary hearing held on Friday before Magistrate Thomas P. Adams, of Township No. 3. The state was represented by 0. L. Schumpert. Counts was re presented by Fred H. Dominick and Cole. L. Blease. Constable Hopkins, who had been in Pomar ia working up a case against Counts, wvas present in the interest of the prosecution. Twenty-four witnesses, whites and negroes, were summoned by the state. Eleven whites and one negro were placed on the stand, and affidavits of seven were offered, stating that they had never bought liquor from Counts. George A. Hope, who lives near Hope Station, said that he had bought corn and rye liquor in Counts' store from negroes and ontside of Counts' store, but had not bought from Counts since a year or mo&re ago. Robert Crooks testified that he had bought no liquor from Counts since November. 1902. Had bought. cider. He had had a negro b)uy liquor for him several times. WV. A. Dunn. intendant, testi tied that he had seen drinking at the cidler harrel in Counts' store. H ad seen one or two (drink a half dlozen times in there within the last two months. Cider was sold every where in Ponmaria and by J. H. Summer. He had seen people get drunk on cider. He had never seen any man take but one glass. Men Ing and S eople of Newberry and ine of Clothing, Shoes, Our 7 great counters tists-Strauss Bros., F s' Suits in all the beai -s. Jane Hopkins' Clothi Ea32 tjs. n. Every conceivable F r in this lot. rerything new in Hats. latest creations in N r, Hosiery, etc. Everyti ,r priced than elsewh are the Clothing, Dry G< dware and Grocery Pe pper Carolina. me to see us. SUMMEF might have had liquor, but he did not know. He didn't know that Counts had sold liquor but saw drinking in there. J. C. Sligh testified that he had not bought any liquor from Counts since November, 1902, but had seen people drinking cider in store. James P. Setzler. sworn. testi fied: Never bought liquor from Counts. saw no one buy from him. Seen drinking in his store since 1902. Seen crowd of darkies come out of back of defendant's store and drink. Do off few steps-half pints. coca-cola bottles and pint bottles. Throw bottles down and I go and taste it. This since No vember. 1902. Seen people in store drinking. Seen them go in and come out drunk-both white and black. Mr. Setzler testified further and on cross-examination in part as follows: People drink in my store. My customers have come in drunk and go out drunk. I got bottles and tasted what was in bottles. Would see negroes drink and then throw away bot tles and I would go and get bottle and taste what was in it. I have actually done that. J. C. Aull t'estified that he had bought no liquor from Counts since November, 1902, and had seen no one buy from him. On cross-examination he said he had sold one sixteen-gallon keg of cider. G. WV. Bundrick, W. L. Leitzsey, Dansby Berly, R. L. Stuck anxd Jim Lyles testified that they had bought no liquor from Counts since November, 1902. S. W. Sheelv testified that he had bought no liquor but had got 'cider, which had not made him drunk. \'ery little argument was made andl the case was dissmissed by Magistrate Adams. What Is L.ife? In the last analysis nobody knows. b)ut we do know that it is under strict law. Abuse that law even slightly, pain results. Irregular liv ing means (derangement of the or gans. resulting in Constipation. H eadache or Liver trouble. Dr. King's New Life Pills quickly re adjusts this. It's gentle, yet thor ough. Only 25c at WV. E. Pelhanm & Son's drug- store. Ie Stare sur- Aa 0 and piled Bich tiful ng is laid, All ck ring ,,,,o ere. >ods ople BROS. RUSSO.JAPANESE WAR. Japanese Pariament Opened-SHm News Of Any Operations by the Opposing ArmIes. There has been little or no r during the past few days of lie operations of the opposing Russian and Japanese forces. A special session of the Japanese Parliament was opened on Sunda%, for the purpose of devising means to provide funds, for carrying orl the war. The Mikado addressed the par liament and was received with pa triotic fervor by the Jap statesmen. POPE HAVIRD SHOT. He Notified Governor Heyward that he was Threatened, and Appealed for Protection. News and Courier. Saluda, March 19.-P. D. Hav ird, the young white man who ap pealed to Governor Heyward a few weeks since for protection, and who mailed the Govrnor some notices of a threatening nature found post ed on his premises, was shot twice this morning by John Yarbrough, a white man living on his place. Is is said that the shooting had nothing to do with the threatening notices. The trouble this morning is the culmination of a personal dif ference between Havird and Yar borough growing out of some dis pute relating to their contract for this year. Of course there are two sides to this trouble and it is im possible to untangle it and get at the facts leading up to it. The shooting occurred about sun rise and in front of Yarbrough's house, which is a inile from Hay ird's residence. The weapon used was a dlouble barreled shotgun loaded with small shot. Both bar rels were emptied and both took ef fect. One shot tore up the flesh pretty smartly on the left arm be low the elbow while the other cut ugly gashes in the abdomen. Hay irlis here now for treatment by Dr. Kirksey, having ridden ten miles since he was wounded. Yar brough told a brother-in-law of Havird that he meant to kill, but beyonr1 this he made no statement.