Historical Newspapers of South Carolina

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Bottom Out Of the Market. Cotton Falls 117 Points in Four Days?Causes of the Slump. Sale of 800,000 Bales?Inman's Bich Strike. Nbw Yore, Oct. 21.?Cotton prices od the New York cotton exchange this morning opened over SO points below Saturday's officiai closing figure. The deciioe was accompanied by great excitaient. The January future opened at 8 54 ceots against 8.86 cents Saturday's close. Ob Wednesday last the same fatare sold at 9 44 cents or 90 points above today's opening. This is equivalent to ?4.00 a bale The im mediate cause of the smash this more ing was the opening decline in the Liv erpool market of 10 to 11-64 ds. The * decline as a whole, however, has been occasioned by tbe reported collapse of the ball campaign, which has been en gineered from New Orleans for several months past. 1 The New Orleans bull clique was last week reported to be liquidation its holding of> ootton, and this quickened tbe decline in this market. Business was very heavy this morning and fluc tuations were very violent. Within 30 seconds the market moved ?ve points. January, which bad been opened at 8.54 rallied to 8 65 and tbeu weakened again with quick rallies and recovered daring tbe first boar. Sales on the. opening call were oo an enormous seale. In the early afternoon, January; touched 8.27. This was a decline of 117 points from Wednesday or equi va lent to $5.85 a bale. In the early af ternoon, however, conservative traders were counselling that there should be a reaction or serions resalte might fol low. Some prominent operators are said to bave come inas buyers. A New Orleans dispatch reported the fail ure of Emmett & Baecb. a cotton house there Up to 1 o'clock the sales on New York ootton exohaoge for the day was 600,000 bales?the largest on re cord. At 1:15 January's price was 8.40. Tbe tremendous break in cotton and tbe wild, unprecedent scenes on the floor of the cotton exchange were the talk of tbe street. Steck operators left their favorite' speculative commodities to discuss cotton and its downward ca reer. One of tbe best known cotton brokers in tbe city, when asked to give an opioioa oo the market, said hur riedly : "Tbe break bad to come and was looked for. bat it wae not expected all ! at once. The truth is that the reactioo in cotton is taking place in days instead of months. This tremendous drop should have extended over two months We are doing tbe business of liquid ating in tbree days. The market, in consequence, is in a condition little j short of a panic and real values are not J considered." When prices reached what appeared to be the bottom, John H. Inman. who sold 25,000 bales of January at 9 37 last week, became bull and bought back wbat he had sold at one ceot lees. His profits are reported to be enormous on the transacrioo. Mr. ?nroan is said to bave cleared over ?300,000 on the drop in cotton in the pant four days. There was a report late today that t e governors of the cotton exchange were investigating reports that several CDtton brokers made sales on tbe curb aft. r tbe closing of tbe exchange on Saturday ?nd that they would be call- J ad to account for violation of the rules. ; Feeling in New OrleaDs. New Orleans, Oct 21.? When the cotton business closed here Saturday, the disorganized and demoralized bulls, who had been routed at every point, hoped that with the interven ing Sunday something would turn up ; to save them from absolute ruin. ? Mauy really believed the bottom had been touched. This morning the market opened almost destitute from i exciting features from the tremendous flurry of Saturday. Everybody was infected with a few degrees of fever, however, and it required but little to turn bedlam loose. The market: opened at about 2 to 4 points below | Saturday's closing price. From this , on there was a continued decline ; Between 11.30 and 12 o'clock, the wild excitement of Saturday was | perhaps surpassed. The annour.ee- j ment of the failure of Emmett & Baecb and L G Gilbert & Co., was posted and added somewhat to the . frenzy of the brokers January futures xveut down to 8.07, but there was a rally and the market closed steady at 8 19 to 8 20. The selling was almost entirely for liquidation A representation of the Southern ? Associated Press interviswed several prominent firms and brokers to-night and was assured that the failures of j Emmett & Buecfc and Gilbert & Co., had no effect whatever upon the market, as it was looked for. It wa? known that both firms were loaded down with obligations on account of country customers whose remittances could not possibly reach her*' in time on account of the continued and rapid decline. Both firms have large amounts of money locked up which they could not realize Their sus pension was therefore inevitable. ? hey wili Day not less than 15 cents | on every dollar of their obligations, j probably dollar for dollar, and both ? firms will resume business in a few j days. The firms interviewed believe I that the market has been pretty well sold out and the worst is over. The brokers will hold a meeting to night at 12 o'clock for their mutual interest and will eliminate ali contracts which should not exist. This will clear up the situation materially. This meeting will be private and what it does will not be given out. Gen. Bratton and the . How Fairfield's Republican Officials Escaped Deatb. Winnsboro News and Herald. There are many incidente in the dark days of radicalism and negro rule which will make very i ?te rest?o g reading in a few year* to those who were actively connected with the matters pertaining to the country, surrounded as it was at that time by the greatest difficulties which ever beset a Government in the history of government. There are young men to-day in Fair Celd County who have-no conception of what our people endured from 1868 to ? 1876. The Radical government was I so bad in the State that an organiza tion known as the Kuklux Klan was perfected for the suppre.-sion of crimes and the protection of life and liberty of our people. Much good resulted at first, but like a secret organization of the kind, the tendency was bad and the organization was abused toward the last. Fairfied County never suffered, however, like some of our sister coun ties for two reasons mainly and for other reasons largely also. In those days it was a common sight to see the streets on Saturday evening filled with armed negroes who came io nearly every Saturday for "a big muster.'* Crops and business bad t o wait. This brings us to our story. There was trouble with some of" the j negroes out about the Jack Gladoey country and an arrangement was effect ed whereby they were to return their guas to the State and disband their company. Mr. L. Duval was sheriff and the guns were put in his charge. They were stored in the jail or sheriff's office, and when the Kulux learned that they had not been sent to Colum bia tbey met and determined to put every county official to death, as our narrative will afterwards prove. Gen. Bratton was not a member of the Kuklux, but on account of bis wis dorn, prudence and patriotism he exer ted an influence by his very course on all matters affecting the public welfare of our depressed country His opinion was sought in a mysterious way. On a bright, sunny morning, as the General was crossing his back yard, he was hailed by a stranger riding a fiery charger of the Tbickety stock The gentleman asked if this was Gen. Brat ton, and stated that he was lost., but was truly glad that he was lost at the General's horre, for he was proud of an opportunity of meeting him of whom he j had beard so much The singer j looked fatigued and his horse showed j signs of hard riding, and the Generai noticed that the stranger did not intro- ! duce himself. He stated that he w?s ! going to Dr Tboru's, that he had cross- | ed Broad River at Sbelton's. wa> in hurry and wanted to find the way to j Dr Thorn's Geo. Bratton hal his horse caught and proceeded to rids a Dear path leading to Dr. Thorn's, the stranger talking pleasantly of crops and j things in general. Where the paths diverged Gen. Bratton pointed the way out to the lone horseman and was about to ride away. The mau's countenance became changed, an air of deep concern was very apparent He asked Gen. Bratton to come to a secluded spot io the bushes, and although no human was near them, he lowered his voice and said: ''General, it is not altogeth-1 er an accident that I was lost at your J place have been sent, to you ou a j mission. I have been sent because you ! do not know me. It is against the j rules of the Klan, but if you desire to i know my name i am authorized to give i The General interrupted him by say- j ing. ''No I do not want to know your | name. It is best, perhaps, that I do ; not. I see it all; somebedy is about to do something very r^sh; some of my old comrades are in trouble. The man absented to the correctness j of the Generai's surmises and stated that the Klan had met and had passed ! the de fh sentence on every county offi- \ cial iu^eirlield Couniy because those : iiegroJgjii?B were sfili in Winn?br;r<> in rcacbi&p?ie uegroes, that the promises had beeT? broken, and that one of his ? old command had been detailed to lead : this terrible expedition. Thai al- ' th 'Ugh against the rules to decline, the penalty of death attaching to any mat; who would question orders from the- Kl.-o. this member of Gen BraMoo'* old regiment boldly rose in the meeting and said he wouli oot l^ad the exp? dition unless a certain man is consulti d "It h* approves i! I sill act,''No name was called, it being against the rule to call any names in a meeting f th<; Klan. Contrary to all precedent &ud preside the Klau agreed that r't.i; cer tain man was to be c msulted. The lone horseman lost himself at Gon Brat ton'- place. The General w?.s also told that it' he demanded the name of his old comrade ? he mi^'ir have it?another infraction of I the ruies. To this Gen Bratto:) de clined : but he told the stranger that there was no necessity for it ; tha? Fair fiie'd had a 'Star set'' of county offi cials compared to York at d other coun ties ; they were conducting their offices properly and it was wrong, unjust and j j a fearful piece of work they were con i tempting. He said to the stranger that there has been a long-standing threat that the negroes will rise up and "kill from the cradle to the grave'' and then apply the torch "But," said the Gen eral, -"that will never happen in Fair fiield County unless I am warned in j plenty of time. There are two mera j bers of my old regiment (the 6th) who ! are among the county officials, and I whenever there is any attempt, of the kind or anything else going wrong I will be the first mao notified, for these two men will warn me of any danger to our people; and as to the guns, they are safer in Duval's ii?.nds than any where else, for he of all men wants no trouble to come to our people." The stranger rode of" withont iotro ducing himself or giving any Kuklux's name, and the county officials were never distnrbed But in some way un known to Gen Bratton this got to Sher iff Duval's ears, and whenever an? at tempt was made to persecute our down trodden people by Yankee officials or by United States prosecutions it was squelched by Duval or some other of the Republican county officials This act of Gen Bratton'f, the spirit of the Republican officials and the conserva tism of our people saved u* lots of trouble. ?mi ? ? ill^ - The Girls' State College at Rock Hill. Rock Hill, October 15.?To-day marks a great day in the history of Rock Hill and of the State. This nuore ing, amid applause. Governor EAans, io behalf of the board of trustee-, formally delivered ro President John son and tbe faculty the building and pupils of the Winthrop Norma' and Industrial College and bade them ' God speed " The exercise were opened by the singing of "Praise God. from whom all Blessings Flow," led by Prof. Brown on the piano, all the audienc? piniog After this the Rev H. R. Mosely read P.*alm CV, and prayer was offered by the R-3V Alexander Sprunt Then tbe audience was favored with a superb rendition of Faure's San era-Maria, by Mrs Brown, wife of Prof. Brown The other numbers of the musical pro gramme were a piano duet overture. Zampa, by Herold. Tbis was given by Miss Waddell and Prof. Brown. The third number ""was Mattel's' "Canta." a vocal j-oie by Miss Souther. Lust of all came the singing of "Tbe Coronation." The mu-ical performances were inter spersed through tbe programme of the morning. The exercises were closed by the Benediction pronounced by the Rev. George T. Harmou. CHEAP EXCURSION RATES ?TO? Cotto States and International EXPOSITION ATLANTA, G-A., Sept loth to Dec. 31st 1895. 1X4 Atlantic Coast Line, Through Pullman Palace Buffet Sleeping Cars Between New York and Atlanta, Ga , j -: VIA Richmond, Petersburg, Weldon, Rocky Mount Wilson, Fayetteville, Florer.-c*, Su m ter, Ornngeburg, Aiken end August*. For Rates,.Schedules, Sleeping Cur ?ccoru modLations, en ! 1 on or address ?ny Agent Alinone Const Line, or rhe undersigned. J.W.Morris. c s. Campbell, D\v Pass. Agent, Div. p?ss. A gear, Charleston, S. C. Richmond, Va. T. M. EMERSON, H. M. EMERSON, Traine Manager, Ass't Ger<. Pass Agt. Wilmington, X. C Beauty Hath Charms and all the charms which beau ty likes best to don are shown in our grand display of fash- j ionable jewelry for this season, j Jewels like these would en- ; hance the charms of the mosti fascinating belle, and surely no, fair one would despise such brilliant aids to lier beauty. ; Like personal loveliness, they conquer admiration on sight : thev score new victories at ev-? ery inspection. Those who look over our stock do not willingly stop with examina-! lion. Beauty may now be made, easily irresistible by a j few judicious purchases Prom our display of up to date jew elry. L. W. FOLSOM, I Jeweler and Optician, SIGX OF TUE DIO WATCH, Oct. 16. OFFICE COUNTY TREASURER, SUM TER COUNTY. Sumter, S. C, Oct. 1, 1895. The Treasurer of Sumter County hereby gives notice that bis books will be open at his office in the Court House from the 15rh day of October, 1895. :o She 31st day of December, 1895, ioc'u Mve, for the collection of faxes for the 5-cal year 1894-1895, for Sumter County. The following are the rate; per cen tum of the levy : For State purposes 4& mills on every dollar of th* value of all taxable prop erty. For ordinary County purposes, 3 mills. For Coos';tutiooal School Tax, 2 mills. Making a total of 9i mills. Also the following additional levies in the special School Disrricts enumer ated below : District No. 20 ?4 mills. District No 18?2 mills. District No. 5?2 mills District No 12?2 mills. District No. 16?2 mills. District. No. 1?2 mills Also one dollar on each poll between the ages cf 21 and 50 years H. J, SCARBOROUGH, County Treasurer. Oct. 2? COTTON STATES AND INTER NATIONAL EXPOSITOR iltlanta, G-a. VIA THE SEABOARD AIR LIE VESTIBILE0 LIMITED TRAINS Cpon Which no Extra Fare is Charged. solid trains; Charleston and Columbia to Atlanta without cl)3nge. SCHEDULE. 403 41 46 am ra am Lv Ca'awha, 10 29 9 59 '? Chester, 11 05 10 38 M drlisle, 11 29 11 09 " Charleston, 7 00 j " Sumter, 9 44 I " Columbia, 5 00 11 15 j " Prosperity, 7 2S 12 29 j 14 Newberrv, 7 58 12 43 " Clinton, 12 15 12 08 1 40 " Greenwood, 12 57 1 C4 2 34 ,? Abbeville, 1 24 1 45 3 00 ? " Calhoun Falls, 1 46 2 16 3 26 ; Ar Atlaota, 4 09 5 20 6 45 ? m am Dm EQUIPMENT. Trains 403 and 41 are composed of the haudsomest Pullman Drawing Room, Buffet Sleepi eg Cars and Day Coaches. No. 403 ("'The Atlanta Special") is vcsti t'tiled from end to end and is operated solid from Washington to A tlanta without change. No 41 is operated solid from Portsmouth i to Atlanta without change. No 45, composed of Day Coaches, is ope- j rated solid Charleston to Atlanta (through j Sumter, Columbia, Prosperity and*Newberrv) ! without change. These trains land passengers in the Union ! Depot at Atlant.i?as near the Exposition j grounds as through p;:s eogers via any Hue aie anded. RATES. ? r KU A!? A. C ?7~ j Catawba, $12 10 S 8 90 $ 5 45 j Chester, 11 ?5 8 10 5 05 i Carlisle, 10 15 7 45 4 70 i Charleston, 13 95 10 25 7 20 ! Sumter, 13 60 9 95 6 6? ; Columbia, 11 35 8 30 5 60 Prosperity, 9 45 6 95 4 70 ? Newocrrr, 9 10 6 65 4 60 ! Clinton," 8 65 6 35 4 10 Greenwood, 7 15 5 25 3 45 i Ab?eville. 6 40 4 70 3 40 Cal hou D Falls, 5 65 4 15 3 10 j DATRS CF &ALK AND LIMITS. Column A.?Tickets sold daily to December ; 15th. with extreme limit January 7th, 1808. ; Column C.?Tickets fold daily to December 30th, with extreme l?mi: 15 days from date ; of sale. Column E?Tickers sold daily to December ; o?ih, with extreme limit 7 da\s from date of saie. THE EXPOSITION surpasses, in some respects, any Exposition yel held in America Here you find, side by side, exhioits from Fionda and Alaska, Cali- j lorn in and Maine, the United States o? Amer ica and the United States of Brazil, Mexico And Canada, and so on until nearly every civilized nation on t;,e glot.e is represented. : (Jn :he terru-es are found, among many at :r*c*ions, Arab. Chinese and Mexican villages. \ Sh .wing just 'now those peoples have their; ' daily Wrtlk and conversation " Ask for tickets via "The Seaboard Air Line :' Pullman Sleeping Car reservations will be : made and further informatien furnished upon application to any Agent of the .-e?boa;d Air Line, or to the undersigned'. W. W B. GLOVER, J. ANDERSON', Traffic Manager General Pass. A E.ST JOHN, Vice-President. Y. M. C. A. t?nti: further notice, the Heading Room ::!' rhi Y. M. C. A. will be open daily from 8.30 to 10 P. M Dailies, weeklies, monthlies, will bo found there. Also, :h<> Library from the S L. has been removed tbc rooms ef the Y. M. C. A. An earnest invitation in extended to ail to vi^it the rooms and take advan tage o! the reading matter That J*~me JRaok can be f?irct? with Dr. Miles* N?RVE L?LASTEK. ?uV25c. Headache stopped In 20 minutes by Dr. Miles' Pain Piixs. '"Once cent a dose." SOUTH CAROLINA Co-Educational Institute, (Formerly known as the Williston High School.) WILLISTON, BABHIELL COUNTY, SOUTH CAROLINA. Next Session Begins "May, Septs* 26, M? For the past four years this School has been known as the Willistoo Hieb School. Year by year its patronage has steadily increased, during the past session students attending from almost every section of South Carolina and hIso from Georgia. The patronage being so large the Board of Trustees at their last annual meeting decided to put up larger build ings, increase the number of teachers, raise the standard of the School and change the name to the South Carolina Co-Edcatioaal Institute. The Institution has betn granted a charter by the State and is the largest boarding school betweea Augusta, Ga., and Charleston, S C. Last December our Dormitories were destroyed by fire We take pleasure in announc ing to the public that larger and commodious buildings of modere architecture are now be ing erected on a beautiful Campus of eight acres. These buildings will be complete4 and comfortably equipped in time to accommodate 150 boarding students by the opening of the session. Our boarding arrangements for the next session will be far better than ever before and will not be excelled by any school in the State Separate buildioge for ?>ovs and girls. Teachers live in same building with students. Our teachers are nil-specialists in their branches. Faculty consists of five Professors and four Lady Teachers. Ail students are re quired tc attend the church and Sunday school of their choice. The Institute is divided into 6ve clnSftfsT"Freshman, Sophomore, Intermediate, Junior and Senior. Besides the usual English Course, instruction is given in the following branches: Ancient and Modern Languages, Music, Art. Elocution, Typewriting, Calisthenics and Mili tary Tactics. We guHrantee that any young man can enter the Li.erary Department of our School and ateend the en tire session of nine scholastic months for from S1C5.00 to $125 00 according to class entered. This amount covers Board, Tuition, Washing, Lights, Fuel and in fact, every expense tx.-ept books and clothing. $115 00 to S125.00 covers similar expenses for a young lady. Redueed rates given to two or more students from same family and also to the children of ministers One scholarship of free tuition is given in each county. One scholarship worth S!00 is giv<?n in the State at iarge. Competitive examinations will beheld in each county between the 1st and 20th of September. It yon desire to try the examination apply to the President of the South Carolina Co-Educationni Institute. By paying ctuth at beginning of session for the whole nine months students can get a discount i>f 15 per cent, off of the abo^e price, which will reduce the expenses to an amount less than $100. Music, Vocal or Instrumental, per session.$35 00 Art. . 35 00 PALMETTO BUSINESS COLLEGE. Connected with the South Carolina Co-Educational Institute is the Palmetto Business College. The course ot study is the 9ame as iu any first cUss Business Coliege. Tuition, full Business Course, unlimited scholarship.$30 00 Tuition, complete Course Stenography. ..... 30 00 Send for circulars and write for full particulars to R. B. CAIN, Sec, Willis?on, S C. F. . . BAILEY, . F. RICE, President Supt. Military Department. Sept. 4. Would aiinnounce that her complete stock of MILLINERY Is notv readyfor exhibition and sale. Hats and Bonnets in Felt, Velvet, &c , adapted to fine and medium trade. Imported and original ideas in colorings and combinations, em bracing many of the recent effects in trimmings. Latest novelties in Rib bons and Velvets A full line Ostrich Feathnts, Bird Fancies, Aigrettes, &c , &c. Orders solicited, and prompt attention given to same. Oct. 3 Sell on a home market and ?aye money. The Opening Sales on Thursday and Friday, August 29th and 30th, were satisfactory in every respect. The average pri?e the Highest ever obtained for Tobacco in Sout-k Carolin ON AN OPENING- SALE, alaci 9 Pounds sold on 29th, 25,952. Pounds sold o?i > average per minaret 26,097, $1011 OivMi. Sales throughout Season. Eleven regular buyers stationed ehre. Warehouse charges low. Highest prices for all grades. Heavy freight and warehouse charges saved bv selline: at home. Full information furnished promptly by J. ?. BROGDON. MYr.