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PHANTOM SHIP
—OR—
The Flying Dutchman.
i
-IY CATTAW MAWTYAT.
CH A PT B R X XVII.— (Continued.)
“We are Hollanders,’' replied Philip.
“A part of the crew of the vessel
which was wrecked?’’ Inquired he.
’’Yes!"
“You have nothing to fear; you are
enemies to the Portuguese, and so are
we. We belong to the Island of Ter
nate—our king Is at war with the
Portuguese, who are villains. Where
are your companions? on which Isl
and?"
“They are all dead,” replied Philip.
"May I ask you whether you have fall
en In with a woman who was adrift on
a part of the raft by herself; or have
yen beard of her?”
“We have heard that a woman was
picked up on the beach to the south
ward, and carried away by the Tldore
people to the Portuguese settlement on
the supposition that she was a Portu
guese.”
“Then C.od be thanked, she Is saved.”
cried Philip. "Merciful Heaven! accept
my thanks. To Tldore you said?”
"Yes; we nre at war with the Por
tuguese, we cannot take you there.”
"No! but we shall meet again.”
The person who accosted them was
evidently of consequence. His dress
was, to a certain degree, Mohammedan,
but mixed up with Malay; he carried
arms In his girdle and a spear In hla
hand; his turban was of printed
chintz; nnd his deportment, like most
persons of rank In that country, was
courteous and dignified.
"We are now returning to Ternate,
and will take you with us. Our king
will be pleased to receive any Hol
landers, especially as you are enemies
to the Portuguese dogs. I forgot to
tell you that we have one of your
companions with us In the boat; we
picked him up at sea much exhausted,
but he Is now doing well.”
"Who can It be?” observed Krantz;
“it must be some one belonging to
come other vessel."
“No," replied Philip, shuddering, “it
must be Schrlften.”
"Then my eyes must behold him be
fore I believe It," replied Krantz.
“Then believe your eyes,” replied
Philip, pointing to the form of Scbrlf
ten, who was now walking toward
them,
"Mynheer Vanderdecken, glad to see
you. Mynheer Krantz, I hope you are
well. How lucky that we should all be
saved. He! he!”
"The ocean has then, Indeed. glv»n
up Its dead, as I requested,” thought
Philip.
In the meantime Schrlften, without
making any reference to the way In
which they had so unceremoniously
parted company, addressed Krantz
with apparent good humor and some
slight tinge of sarcasm.
“What do you think of him,
Krantz?"
"That he Is a part of the whole, and
has his destiny to fulfill as well as
you. He has his part to play In this
wondrous mystery, and will remain
until It Is finished. Think not of him.
Recollect, your Amine Is safe."
“True,” replied Philip, “the wretch
Is not worth a thought; we have now
nothing to do but to embark with
these people; hereafter we may rid
ourselves of him and strive then to re
join my dearest Amine."
CHAPTER XXVIII.
When Amine again came to her
senses she found herself lying on the
leaves of the palmetto in a small hut.
A hideous black child sat by her,
brushing off the files. Where was she?
She was taken to the Portuguese
fort and turned over to the command
ant. He subsequently released her un
der the promise that she would mar
ry him—provded her husband was
dead. She sailed for Goa, unexpectedly
meeting her old pastor, who was re
turning from the far East.
We must now again return to Philip
and Krants, who had a long conver*
Ration upon the strange reappearance
of Schrlften. All that they could agree
upon waa that he should be carefully
watched, and that they dispense with
his company as soon as possible.
Krants had Interrogated him as to his
escape, and Schrlften had Informed
him. In his usual sneering manner, that
one of the sweeps of the raft had been
allowed to get adrift during the scuf
fle, and that he had floated on It until
he had gained a small Island; that on
seeing the peroqua. he had once more
launched It. and supported himself by
It, until he was perceived and picked
up. As there was nothing Impossible,
although math of the Improbable. In
thle account. Krants asked no mure
questions. The nest morning, the wind
having abated, they launched the pe
ruqua. and made sail fur the Island
of Tcraate.
It was four days before they arrive I.
ae every night they landed and hauled
up their craft on the sandy beach.
Philip's heart was relieved at the
knowledge of Amiae'e safety, and he
rould have been happy at lha prospect
of again meeting her had he not been
eo ronetantly fretted by the company
of flchrtftea.
Ae eo«ta ae they arrived at tha prla
rtpal port and tews af Teraate they
were conducted to a Largo , abia. built
of palmetto leaves and bamboo aad
requested not to leave it until their ar
rival had been announced to the king
The peculiar courtesy and reel
breeding «f these telaadera wee the
(onetaut theme of remarb of Philip
and Krantz; their religion, as well as
their dress, appeared to be a com
pound of the Mohammedan and Malay
an.
After a few hours they wore sum
moned to attend the audience of the
king, held In the open air. The king
was seated tinder a portico, attended
by a numerous concourse of priests and
soldiers. There was much company
but little splendor. All who were about
Uie king were robed In white, with
white turbans, but ho himself was
without ornament. The first thing
that struck Philip and Krantz when
they were ushered Into the presence of
the king was the beautiful cleanliness
which everywhere prevailed; every
dress was spotless and white as the
t,un could bleach It.
Having followed the example of
those who Introduced them, and sa
luted the king after the Mohammedan
custom, they were requested to be
seated; and through the Portuguese in
terpreters for the former communica
tion of the islanders with the Portu
guese, who had been driven from the
place, made the Portuguese language
well know by many a few questions
were put by the king, who hade them
welcome, and then requested to know
how they had been wrecked.
Philip entered Into a short detail, in
which he stated that his wife had been
separated from him. and was, he un
derstood, In the bands of the Portu
guese at Tldore. He requested to know
If his majesty could assist him in ob
taining her release, or in going to join
her.
“It is well said,” replied the king
"Let refreshments be brought In for
the strangers, and tho audience Is
broken up."
In a few minutes there remained or
all the court but two or three of the
king's confidential friends and ad
visers; and a collation of curries, fish,
and a variety of other dishes was
served up. After It was over, the king
then said: "The Portuguese are dogs;
they are our enemies—will you assist
us to fight them? We have large
guns, but do not understand the use
of them as well as you do. I will send
a fleet against the Portuguese at Ti
dore, if you will assist me. Say, Hol
landers, will you fight? You,” ad
dressing Philip, "will then recover your
wife.’’
“I will give an answer to you to
morrow,” replied Philip. "I must con
sult with my friend. As I told you be
fore, I was the captain of the ship,
and this was my second In command
—we will consult together.” Schrlftcn,
whom Philip had represented as a
common seaman, had not been brought
up Into the presence of the king.
“It Is good,” replied the king; “to
morrow we will expect your reply.”
Philip and Krantz took their leave,
and on their return to the cabin, found
that the king had sent them, as a
present, two complete Mohammedan
dresses, with turbans. These were wel
come, for their own garments were
sadly tattered and very unfit for ex
posure to the burning sun of those
climes. Their peaked hats, too, col
lected the rays of heat, which were in
tolerable; and they gladly exchanged
them for the white turban. Secreting
their money In the Malayan sash,
which formed a part of the attire, they
soon robed themselves in the native
garments, the comfort of which was
immediately acknowledged. After a
long consultation It was decided that
they should accept the terms offered
by the king, as this was the only
feasible way by which Philip could
hope to reobtaln possession of Amine.
In ten days all was ready, and the
fleet, manned by seven thousand men,
made sail for the Island of Tldore.
Hut It met with disaster, Philip and
Krantz being among those tnken pris
oners by the commandant of the Portu
guese fort on Island of Tldore. This
is the fort to which Amine had been
taken.
CHAPTER XXIX.
As every one descant* upon the warn
of comfort In a prison. It is to be pre
sumed that there are no very comfort
able ones. Certainly that to which
Philip and Krants were ushered had
anything rather than the air of an
agreeable residence. It was under the
fort, with a very small aperture look
ing toward the sea for light and air.
It was very hot, and moreover desti
tute of all those little conveniences
which add so much to one's happiness
In modern bouse* and hotels In fact.
It consisted of four bare walls and a
stone floor, aud that was all.
Kor three week* they remained In
the fort, every day becoming more In- !
tlmate with the commandant, who
often communicated with Krants.whea
Philip was not present, turning the
conversation upon his love for Amine
and entering into a minute detail of
all that had passed. Kraals perceived
that he was right In hi* opinion and
that Amine had only been cajoling the
cuanmandant that she might escape
Mm the lime passed heavily away with .
Philip and Kraals, lor no vessel mad*
Its appearance
When shall I see her again** t«lil- 1
tu|iii*cd l‘lt.lip on» month * a* h«' l»ll
*d over the parapet. In fuaptir with f
K rants.
He* who* said the f«*snmawdent.
who happened to be at his elbow.
Philip turned round and stammered
something unintelligible.
"We were talking of his sister, com- j
maudant," said Kranis, taking his arm. |
and leading him away. “Do not men- |
tlon the subject to my friend, for it is
a very painful one, and forms one rea
son why be is so inimical to the sex.
She was married to bis intimate friend,
and ran away from her husband; It
was his only sister, and the disgrace
broke his mother's heart, and has made
him miserable. Take no notice of It
I beg.”
Some days after this conversation, as
they were all three seated at table, a
corporal entered, and, saluting the
commandant, informed him that a
Dutch sailor had arrived at the fort,
and wished to know whether he should
be admitted. Doth Philip and Krauts
turned pale at this communication—
they had a presentiment of evil, but
they said nothing. The rallor was or
dered In, and in a few minutes who
should make his appearance but their
tormentor, the one-eyed Pehrlften. On
perceiving Philip and Krantz seated at
the table he Immediately exclaimed:
"Oh, Captain Philip Vanderdeeken, and
my good friend Mynheer Krantz, first
mate of the good ship Utrecht, I am
glad to meet you again.”
“Captain Philip Vanderdeeken!"
roared the commandant, as he sprang
from his chair.
"Yes, that Is my captain, Mynheer
Philip Vanderdeeken, and that Is ;ny
first mate, Mynheer Krantz, both of
the good ship Utrecht; we wore
wrecked together, were we not, myn
heer? lie! he!”
"Sangue de Vatderdecken! the hus
hand! Corpo del dlavolo- Is It possi
ble?” cried the commandant, panting
for breath, as he seized his long sword
with both hands and clinched It with
fury. "What, then, I have been de
ceived, cajoled, laughed at!" Then,
after a pause—the veins of his forehead
distending so as almost to burst—be
continued, with a suppressed voice:
"Most noble sir, I thank you; but now
It is my turn. What, ho, there! Cor
poral—men— here, Instantly—quick!"
Philip and Krantz felt convinced that
all denial was useless. Philip folded
his arms and made no reply. Krantz
merely observed: "A little reflection
will prove to you, sir, that this indig
nation is not warranted.”
“Not warranted!” rejoined (he com
mandant, with a sneer; “you have de
ceived me; but you are caught in your
own trap. 1 have the paper signed,
which I shall not fail to make use of.
You are dead, you know, captain; 1
have your own hand to it, and your
wife will be glad to believe it.”
"She has deceived you. commandant,
to get out of your power, nothing
more," said Vanderdecken. "She would
spurn a contemptible, withered wretch
like yourself were she as free as the
wind."
"Go on, go on; it will be my turn
roon. Corporal, throw these two men
into the dungeon; a sentry at the door
till further orders. Away with them!
Most noble sir, perhaps your Influen
tial friends in Holland and Spain will
enable you to get out again.”
Philip and Krantz were led away
by the soldiers, who were very much
surprised at this change of treatment.
Schriften followed them; and as they
walked across the rampart to the stairs
which led to their prlsou, Krantz, in
his fury, burst from the soldiers and
bestowed a kick upon Schriften, which
sent him several feet forward on his
face.
“That was a good one—he! he!"
cried Schriften, smiling and looking at
Krantz as fc: regained his legs.
There was an eye, however, which
met theirs with an intelligent glance
as they descended the stairs to the
dungeon. It was that of the soldier
Pedro. It told them that there was
one friend upon whom thsy could rely,
and who would spare no endeavor to
assist them in their new difficulty. It
was a consolation to them both; a day
of hope which cheered them as they
once more descended the narrow steps
and heard the heavy key turned which
secured them In their dungeon.
(To be continued.)
Her flirting Thrust.
In the course of a call at a very jolly
place the other afternoon a girl was
inspired to relate a good story. It met
with such aucdfcss that she was In
spired to tell another, and yet another,
all the other callers keeping up their
appreciation—all the other callers hut
one, that Is to say. The exception was
a woman who looked as though she
hoped her rigidity would be mistaken
for hauteur, und who was evidently of
very conservative notions. With vls
uge grim and never a smile did she
listen to the young woman's anec
dotes, until it Hashed through the lat
ter s mind that she had somewhere
heard that among the antediluvian
races It wasn't considered good form
for a woman to tell good stories. At
last this woman rose to go. To svery
lanly hut the girl she bowed and said
"Very glad to have met you." To the
girl she observed, anil In precisely the
tone she would have complimented a
poodle for Its parlor tricks "I've en
joyed your stories so much" New
York Kvening rtun.
twk V«»» t Mltiren t« I* tap tliwo
I believe that every child should he
encouraged. If sol required to play
alone during »<«• part of the day.
Any close observer of children will
note an unexplained tendency to s|tti>
nes when a number of th«sn are at
.
g»f» In an m *r*upplv of adult society,
fhlldreti are more tnli'ieu *4 by |g.
direct suggestion than We are gpt IS
realise. and We may Iteep them by tys
I* o rb»«elv and ibu* »(tr**t nr>r*«i r
ably ihetr will power and their tads
j nd' til develo mettl KUina tl.waUl*
k«>u, 4o in ibc ill; Womans ttom<
t’ompaalwa.
Assembling a Large Force of Filipino3 in
Front of San Fernando.
PLRSONAL COMMAND OF TI1F ARMY
Aaifrlma Soldier* Slffp on Their Ann*
Tr»n»|,ort ICuu* Aground and I.arge
Amount of ( arpu Thrown Overlmard—
FlglilliiK Kvldontljr Mot Out Tut.
MANILA, June 24.—Agulnahlo does
not seem to be satisfied with th) at
tempt of the insurgents to retake San
Fernando and he has taken command
of General Luna’s army and has mas
sed the largest rebel force yet mob
ilized, bringing 2,000 men from the
Antipolo region. He is exceedingly
troublesome. Last night his men
wounded two members of the Seven
teenth regiment. General MacArthur’s
men are constantly on the alert to re
pel any attacks hy the rebels, sleep
ing upon their arms. The general sin
cerely hopes that the Filipinos will
give him another chance for a battle,
for the soldiers really enjoy an op
portunity to fight them when they can
do so without wading through Hwa.ups
to reach them.
Hallway trains between Manila and
San Fernando have been stopped ror
several days, while permanent repairs
were being made to tht bridges art
along the route, but today tralllc wag
resumed.
I ne transport t euicuuitti, wiii.-u hm
arrived here, had an exciting experi
ence while rounding Point Engano, on
the northern coust of Luzon, on its
way to this port. It struck a rock on
Wednesday and remained last for sev
eral hours, during which time it was
surrounded by swarms of natives In
canoes, who became menacing. Cap
tain Eagle, who commanded the trans
port, was compelled to throw over
board 100 tons of supplies In order to
lighten the ship sufficiently to get it
afloat. Before this was effected the
Filipinos had towed the cases ashore
and were fighting over the spoils. The
cruiser Baltimore recently grounded
at the same point, but the natives
foared to approach it.
WASHINGTON, June 24.—The war
department has received no official dis
patches relative to the grounding of
the transport Centennial on the north
end of Luzon and the loss of B)0 tons
of supplies which were thrown over
board to lighten the ship. According
to the records here the Centennial car
ried 1,800 tons of supplies, and it is be
lieved they were all the property of
the subsistence department. The com
missary officer at Manila has been
queried to know whether it is desira
ble to immediately replace tlie supplies
which were lost. The Centennial was
a chartered ship and not one of the
regular government transport fleet.
Troops for Africa.
LONDON, June 24.—The Shropshire
regiment has been ordered to hold It
self In readiness for immediate em
barkation for Cape Town.
LONDON, June 24.—A dispatch from
£aj>e Town $o the Outlook says; The
tension is extreme. BusTness Is at a
standstill and the general feeling is
that England must promptly bring
matters to an Issue. The league will
have no difficulty in preventing meet
ings supporting Sir Alfred Milner’ i at
titude, the desire being to refrain from
embarrassing the imperial authorities.
The Orange government is urging
the Transvaul to make further conces
sions. Many people consider that Sir
Alfred Milner’s franchise proposals
are useless without the granting of
twelve seats in the mining fcenters and
the right to speak English in the
Volksraad. Otherwise It will be im
possible to select representative men.
Falling these concessions the Johan
nesburgers say they prefer a treaty
providing security and judicial and
educational reforms.
IMotlng Atfftliiftt Cabinet.
PARIS, June 24.—The new cabinet
ministers took possesssion of their
offices today. The prefect of police,
M. Blane, had a long interview with
the premier, M Waldeck-Rosseau,
during the day, and It is asserted he
banded the Intter jiifi resignation. ’J\p
progressive republicans nave held a
meeting under th«. presidency of M.
Mline. Considera.de diversity of
opinion was developed. One faction
decided to oppose the new cabinet,
owing to the prurience of M. Millerand
la the ministry. The socialist depu
ties are also at variance regarding the
entry of General de Guliifet into the
cabinet and a portion of that party
has decided to found a uew group, to
be entitled “revolutionary socialists.”
OlU N#rtl» (mmmI Nt#iiu|rii|»lif>ri.
WASHINGTON. June 24 —There has
tM‘en a call made by General Otla upon
the war department for four expert
Spanish court stenographers for »erv
Ice In the Philippine Island* They
uniat he familiar with the Spanish and
KngHsh languages, able to translate
from Spanish Into Kngllsh and from
Kugllah into Spaniah and exjierta In
taking dictation In the Spanish Ian
gunge and transcribing same with
t) |n> writers.
K>|miMIh| toiM.
NKW YOltK. June 24 MHdlehaeh
l< kllteimer at Go will ship fl.0tW.iMm
in soil tomorrow Kuhn. |.o*h A tv
will also ship II.OtM.WMi on tomorrow's
steamer. Thla nnIns the total for
Saturday so far announced fi.WMi.WK)
loWkllM ttOllCHSM.
NKW YOltK June 24— A dispatch
tu the Herald from Pari# may a Mgr
Ireland, arrhblthop of St Paul, haa
made eottie highly interesting state
no n<s on the aitbjec I of AMtertcaatsm'
to th* editor of the S«*» Mis Stowe
eitraeta from the inter* lew git# a
* i *r Idea of what * Aaierk-aat»w" re
ally I*.
Mgr Ireland safe *lf hy Amer
I >atsm we are to umteretaad the the«o
b-gbal error* t»al-a#«| la the pop* a
I* **r there hna lees and la k<> su*h
H- ag In Am*rKe
DREYFUS’ COMING IS IM DOUBT
Military ORlrlalfi trr iBuorant Kt'icarilnia
Arri val of I hr Hfan.
BREST, France, June 24.—The In
habitants of this port are absorbed in
the pending arrival of Dreyfus. Thu |
question on every one's lips it. "When
will he arrive?" but no one seems able j
to reply. The town, however, Beems ,
perfectly calm. Along the favorite j
parade, the Cours Dajot, on the cliff
overlooking the splendid harbor, in
which half a dozen picturesque old i
three-deckers are lying moored along
side modern cruisers, wore a few
groups of sailors and marines gazing |
seaward.
When questioned they admitted that :
they were watching for the French
cruiser Sfax, bound from French Gui
ana with the famous prisoner on board,
but in the same breath expressed the
belief that it would not arrive in the
daytime. They think the warship will
lie kept outside the harbor until night
and tliat then Dreyfus will be landed
inside the arsenal. This Is the general
opinion of the townspeople, who are
eager to witness the landing.
The military and civil authorities
profess to know nothing about the
matter, not even if the Sfax is coming
to Brest.
A representative of the Associated
Press called at the maritime prefecture
this aftrnoon and had a conversation
with the port admiral, Barrera, who
was typical of French politeness, but
who displayed most praiseworthy ig
norance. He said;
“lip to now I have received abso
lutely no Instructions. 1 am awaiting
orders from the new minister of ma
rine. I cannot even say Dreyfus will
be landed here. In any case, he can
not arrive yet," and, taking a map.
lie traced the course of the Sfax from
the Gape Verde islands, which it left
Tuesday, adding:
"You see it cannot have passed the
Canary islands before yesterday. It
will not arrive here at the earliest
until Sunday, or perhaps Monday."
The perfect of police also told the
Associated Press representative tliat
he had not received any instructions
regarding Dreyfus. The French lirst
class cruiser Tage, now lying in the
harbor, has been instructed to put to
sea on Sunday evening, and it is
thought it has been ordered to meet
the Sfax and have Dreyfus transferred
to it. But Admiral Barrera says the
Tage is simply going to sea for the
purpose of experimenting with carrier
pigeons. No doubt a big crowd wP
lie present to witness the landing of
Dreyfus if he is allowed to be seen,
but no disorders are expected.
A detachment of secret police has
arrived here from Paris and has beep
distributed about the town.
OXNARD ANSWfRS H4VI Ml Yf R
Drill*')* Many of 111* Statement*— Agrrei
With film on Pew Point*.
SAN FRANCISCO, June 24 — Henry
T. Oxnard, president of the American
Beet Sugar Producers’ association, has
prepared a reply to H. 0. Haveme.ver's
recent grgumm^ before t^e industrial
Commission aTw^abl'.lrigton. KTe bat
ly denies many of Mr. Havemeyer’s
statements and accuses that gentleman
t)f seeking to destroy the American
beet sugar Industry In order to foster
the refineries that handle foreign raw
material, besides attempting to divert
nubile attention from the Sugar trust
by attacking the tariff.
In conclusion Mr. Oxnard says: “I
will not dispute Mr. Havemeyer's
claim that 10 per cent is sufficient pro
tection to the sugar refining interests
which he represents, but I do assert
that he cannot make the American
people believe that the industries of
this country and business prospered
during the years we were struggling
under the Wilson law, when the aver
age prptection amounted to 40 per
cent ad valorem. If Mr. JIavemeyer
had Bald that keen ami losing compe
tition in business led to the forma
tion of trusts he would be right, for
the tariff has nothing to do with the
formation of trusts.”
Schley a Doctor of l.aw*.
WASHINGTON, June 21-The hon
orary degree of LL. D. was today con
ferred by Georgetown university on
Read Admiral Winfield Scott Scnley
and George W. Melville, Major Gener
al Joseph Wheeler, ilon. W. Bourke
Cockran of New York, Dr. Samuel Bu
Hey, District of Columbia; Dr. Daniel
(Irewer, Illinois, jjnd Hon. Thomas
lerran, United States of Colomnla,
General Wheeler, Dr. Brewer and Hon.
Thomas Herran were unavoidably ab
sent
Ite-*iitl*t merit at the Front.
WASHINGTON, June 24.—General
OtlH has rallied the war department
snytng that he had selected Sergeant
Major Bell of the Twentieth Infantry
as adjutant of the First volunteer reg
iment, to he organized In the Philip
pines. He asked authority for the ap
pointment. which has been granted
The adjutant will have the rank or
captain. This Is the first move In the
direction of organising the Skelton
regiments In the Philippines, so far tu
the department Is Informed
Population nf Kansas.
TOPKKA. June 24 —Thus far the
state board of agriculture has received
assessors' returns from seventy-two
"■■Ml. ■ In Staiisa* and It In Intel eat
ing to note that fifty seven of these
refNirt an Increase over imn In popu
lation of 29,173. while fifteen show a
decrease of 3,375, leaving a net m
crease for Ih* seventy-two counties of
25.797. K»ual to nearly I per cent on
the state'* entire population of oft
year before.
• heap sNrattas 4 .iwhomm
H\l*ll» 1‘ITV. fl It, iuae St -The
• heap •hearing aeaMia ha* toWKeaced
In thuas part* of the Milks where atUMf
raising te carried on It la rather late,
owing to the dim. ulty ta getting '
shearers as «n| ae they are grsd- 1
The rllp will I* uaue(rally large ihu
year on a*count uf them
the sheep t«ng*e are In a Ape ew
“i *i.l !*r*< tnuuUr, <g sheep here
already t*- • n hrwughl la thia sec,
aad hare >»ais>s.«*l to wgg The
prospects are that thta will he the heat
> cap |or lawtia that Ihs Mule
lor «Ape time
THE REVIEW OF TRADE
Feature of Week Is the Better Showing of
Railroad Earnings.
HIE TitADt BALANCES ARE GOOD
Iron Again Apprura I hr Abaorbing Inter
rat. Fartnrlra Hi lnn I liable to Fill
Orilrra full urea About Half of Year
tg i—lutlU-allona Are Quite Kavorabla
All Hound.
NEW YORK, June 24.—R. O. Dun &
Co.’s Weekly Review of Trade will Bay
today:
The outgo of more gold this week,
$4,000,000, so fur reported, make* it
clear that Europe in in need. The
French ministerial crisis has lieen
grave and prolonged, the collapse of
(ierinun speculation in Industrial stock
threatens some trouble, but perhaps
the South American uncertainty caus
es most disturbance. Whatever the
cause, Europe needs money and can
not. claim its own from the west this
year, but must borrow. Exchange and
trade balances show that tills country
Is not called upon to pay, but the
money Is worth more to lenders
abroad than It is here. Home finan
ces are most satisfactory. Revenue
falls behind expenditures for the fis
cal year less than $100,000,000, and but
for $230,000,000 war expenses, the rev
enue exclusive of that from the war
taxes exceeds ordinary expenses.
Trade balances. In spite of exports
from New York, 19 per cent less than
last year’s, and Imports 20 per cent
greater, still promise a large excess of
exports for June. Nor is there uny
substance in the idea that large for
eign sules of securities are moving
gold. The best, evidence attainable
shows thnt In January und February
about $8,260,000 worth of securitlea
came to this side, and since February,
not more than $4,000,000 in excess of
shipments. In character, transactions
have been of the trading and not of the
Investment sort. Stocks here have
weakened, but almost exdusivey In
the industrials, which foreigners do
not tour v. these declining $2.08 per
share on Cue average this week, while
railroad stocks have averaged a de
cline of only 29 cents per share. Earn
ings for the first half of June are bet
ter than for any previous month this
year, 10 per cent larger thun last year,
and 11.3 per cent larger than in 1892,
the granger roads gaining most large
ly over last, year Jn spite of the re
duced "movement of grain. •
Ill the great staples, tnere in ft mrii
for the better. Exports of wheat,
flour Included, for the week, have been
3,043,672 bushels, against 3,800,600 last
year, and In three weeks, 6,504,262,
against 11,005,798 last year.
Corn exports also continue large,
2,627.860 bushel*, ugqinst 2,574,723 last
year, A »harp fall jn cottoq also en
courages exports. Tbege are facts
which preceded orders for g’*!'.! •*00rt*j
this week, and do not result from
them, but show the prospect of a
larger outgo of merchandise In com
ing months. Wheat receipts at the
west, 15,000,688 bushels for the last
three weeks, against 3,463,779 last year
and 4,540,549 bushels in the same week
In 1897, show an extraordinary move
ment from the farms for the season,
indicating no suspicion there of short
age. The fall of 2 centB in wheat and
in cotton from 6.31 to 6.12 cents, indi
cates that speculation based on the
hope of short crop is decreasing.
■Textiles are much behind in prices,
though woolens are steadily rising and
are 6 per cent higher than at their
lowest in March. The goods are in
much stronger demand and wool has
advanced from 18.01 to 18.76 cents for
domestic, taking the average of 100
quotations by Coates Bros., though the
buying is largely speculative- In cot
ton goods the advance has been smajl,
and, though business is excellent, the
demand fairly matches the supply.
The great gain in volume of busi
ness might seem of nuestionable safgty,
were it not greater In iron production',
resulting from an actual excess of de
mand over supply and not fr
ton at the east, though iron Is $1 per
ton easier at I’lttsbiyg, but a differ
ence of $5 per ton .h favor of steel
Eakes the demand for iron larger. It
Interesting that a 10,000-ton order
for plates for two American liners, to
be built by the Crai >
Orders for finished products show no
decrease Jn quantity and for most
lines, as for rails, are quite often re
fused, speedy deliveries being impos
sible.
Failures for the week have been 178
in the I'nlted States, against 285 last
year, and eighteen in Canada, against
eleven last year.
hit ion. Bars are stronger
Chicago, eastern wor
Itukola Troops »rr I'ralitd.
WASHINGTON, June 24.- The re
t>ort of Thomus II. Marry, adjutant
general of the department of the I'u■
d®c, to General Otla concerning the
u|wratlous of the brigade commanded
by General Ovenahtn* on February 6,
consisting of the Fourteenth Infantry
and Firm North Dakota. a us made
public today. Theae troopa marched
through jungle and mud. and without
faltering, drove the enemy from strong
position* lie tom mends General
Qvetiahlne and the men under him.
A teport from Major Frank While,
commanding the First batalllon of Ike
Norik Dakota volumesra, waa also
made public, tie says the meg per
formed their dutks satisfactorily.
M«u „r Valaaiseea.
SAN IRANI llkt), June SI Tha
postmaster general haa ordered that
mall mailer add'easa-d to ntemiiera «<f
I he following regiment* be withheld
al lieu Fram taro. Indb sting that they
are all to be muat»red out of the rer
vi»a very mam: full for wu heavy ar
llller», t idt artillery Fit I t’aliforala
infantry First Ooloratki infantry Flral
Idaho Infantry. Firm Montana in fan
try, Thirteenth Minnesota infantry,
First Nebraska lafaatry. Ftrat Nuria
Ihthota lafamry. de* .<ad tbegun iota*
try, tenth i'»i.u.»Dnt»u Intsatry,
Flral n .nth la>h<>u infantry and thn
Flral Myumlng W< Unity