THE OMAHA DAILY JJER : MONDAY , APRIL 23 , 185)1. )
GOOD AND BAD LLOYDS EXIST
Two Forma of Mutual Insurance "Which Are
Frequently Confounded ,
POINTS OF DIFFERENCE MADE CLEAR
Jntcr-Innurnnrn Contrmtwl with flrnernl
IiiMirnnro Mojili 1'rotrctlon nf the
One Mini lrrclp < > i lblllty " < "lo
Other I'lalnly Set I'orlh.
Considerable Interest exists In Omnlin In
connection with the mnlter of Insurance , es
pecially the mutual or Lloyds fire Insurance.
The Dee Rives a vnltmhlo communication on
this subject from Albert Andrlano , local
mperlntendent for Snow , Church & Co'a.
mercantile agency. He writes :
Lloyds Insurance orlRltmtcd with n com
pany of shippers nnd ship owners , who , In
the ycar 16SS. formed n society for mutual
protection % against IOSB hy sen , and owing to
the fact that their business meetings were
iiKiially held nt n London Inn , maintained
known ns "Lloyds London , " n name retained
lincnvii ns "Llodys London , " a name retained
hy similar organizations up to the present
day. The risks assumed hy this company
were slined hy all the parties to the con
tract , hence the name "underwriters. " For
many years the Lloyds confined thomcKlvps
to marine risks , and associations of the kind
wore formed In Holland nnd other seafaring
countries. Including our own. Of late years ,
however , similar societies have been formed
for mutual protection against loss hy fire ,
nnd It Is of these , more particularly , that
this article treats. These companies may be
divided Into two classes , very appropriately
termed Intcrlnsurnnce and general insurance
Lloyds.
/Die Intcrlnsurance Lloyds Is n purely mu
tual association of merchants or manufac
turers , or both , organized for mutual protec
tion , being , In fact , a. very simple agree
ment to Indemnify each other against lesser
or damage hy fire The members of thr , so-
rlety Insure ncli other nnd only each other ,
each party to the contract becoming liable for
Hiich n , percentage of the losses which may
nccrue as the. amount of Insurance or hazard
of the risk hears to the whole.
For example : Ono hundred merchants
form a Lloyds , each Insuring for $10.000.
Jn case of loss each underwriter becomes
liable for oiie-oiic-hmidrertth part of the loss ,
which Is paid Into the general , fund nnd
turned over to the loser. In order to sim
plify the Illustration In this case wo have
assumed that nil the underwriters carried
and have allowed
the same amount of Insurance
lowed for no difference In hn/.ard. There
would , of course , he some expense for run
ning the business. In many companies each
underwriter deposits a certain amount and a
general fund Is thus created. The affairs of
the company are entrusted to n person of
experience , commonly termed life attorney ,
who manages the business , adjusts losses
nnd performs such other duties as may bo
necessary. He Is responsible for his actions
to the members of the society nnd Is al
lowed a certain percentage- for expenses.
Ono of the largest and most successful of
those companies counts a number of Omaha s
leading business houses among Its members.
An association such as this Is , of nccos Ity ,
composed of firms with a high commercial
rating and of exceptionally good standing ,
for the very patent reason that no responsi
ble house would enter Into a contract of this
hurt with concerns of standing not at least
equal to Its own , nnd therein lies the main
( .lenient of strength claimed for the Inter-
insurance Lloyds. It Is u well known fact
that regular .stock companies lose large sums
each year from Incendiary and other ille
gitimate causes. Men of long experience in
the business have not hesitated to say that
they could write Insurance at a i eduction or
one-third on all rates and make money , pro
vided the moral hazard element was elimi
nated. This is , of course , impossible , and
the result Is that the responsible Insurer
pays his proportionate share of the loss
sustained on Irresponsible and dishonest
parties. The Lloyds being composed of men
of the highest character only , the moral
hazard would of necessity be of the best.
This of Itself necessarily reduces the cost of
Insurance In Lloyds companies and facili
tates the adjustment of lo'ses. No cominls-
Jiisiers , aim tno-attorneynvho conducts the
business of the company only receives a
limited percentage for expenses nnd remu
neration , usually 15 per cent on the amount
of money passing through his hands. Briefly
enumerated , the advantages of these socle-
ties are as follows : Being merely a form of
co-partnership , the running expenses are
naturally small : the moral hazard Is of the
best ; the ratio of lo-ses correspondingly
loss , ns compared with that of companies
doing a general business , and taking Into
consideration the fact that many large con
cerns nro unable to secure sufficient Insur
ance from the regular companies , the Inter-
Insurance Lloyds U a necessity and legiti
mate means ot protection , the right of em
ploying which cannot Justly be denied the
careful business man. '
GENERAL INSURANCE LLOYDS.
The general Insurance Lloyds Is primarily
organized after the fashion of the Inter-
Insurance Lloyds , with this very Important
difference , however , that It does not limit It-j
risks to Its members , but does a general
flrn Insurance business. chnrclnK. therefore.
a regular premium. These companies are
composed of ten , twenty or thirty under-
wrlters.au the case may bo , under the manage
ment of an attorney , who has power to bind
them each for a proportionate share of loss
upon every policy Issued by him. This man
ager receives a percentage on all business of
the company and employs agents and solic
itors. The profits or losses of a company of
this kind , as the case may ho , nro divided
among the underwriters or original mem
bers , the policy holder standing In much the
hanio relation to them ns docs the policy
holder In a regular company toward its
( stockholders.
l or Instance : John Dee applies for a
policy of insurance for $100,000 from n com
pany composed of twenty underwriters. Ho
pays a regular premium , nnd In case of loss
each umlsrwilter agrees to pay him $500 , or
Mich proportion thereof ns the total of Ills
LU I in bears to the whole. Ho does not be
come n party to the contract , and merely
buya his Insurance from the underwriter ns
ho would from n regular company.
The difference between the two forms
of Lloyds Is obvious. These concerns nro
not organized for mutual protection , but for
the mutual profit of their underwriters ,
who bear the same relation toward cach
other nnd toward the Insured as do the
stockholders of the regularly capitalized
companies. Their agents make a regular
hid for business and their affairs are con
ducted on the same lines as thosa of
utock companies. This being the case , the
general Insurance Lloyds , business corpora
tions seeking the patronage of the public ,
are not entitled to the Immunity from In
vestigation which may bo Justly claimed
for private agreements , such as these of
Intcrlnsuranco Lloyds , and should bo classed
nml treated the same as regularly capital
ized stock companies or mutuals. Notwith
standing this fact , thcso concerns are very
reticent about their affairs , and claim nil
the privileges of the regular Lloyds. In
gome cases they absolutely refuse to glvo
any Information regarding their affairs or
business whatsoever. In others , the state
ments are HO vaguely Indefinite as to ho far
from satisfactory. Some of these companies
nro composed of men or standing and finan
cial responsibility , and claim to have largo
amounts of money In banks. They do , how
ever , n widely scattered business of n mis
cellaneous character , accepting In many
rases risks that have been rejected by
other companies. None of these companies
have applied or received admission Into this
htatc , and these accepting risks hero are
doing what Is commonly termed "under
ground business , " u class ) of insurance
which In the long run would ruin the
strongest nnd most carefully managed com
pany In the world , n class of business
usually of a hazardous nature , and generally
written at cut rates. This form of Lloyda
hail no paid up capital , no assetu , and of
fers no guaranty of Its ability to pay , other
than the names of Its underwriters ,
Thcso may bo good today , worthless to
morrow , In some Instanced they are worth
less In the beginning , and the company la
organized and manipulated by an attorney ,
for the very evident purpo&c to defraud policy
holders and pocket the proceeds. Hut even
admitting that the underwriter ! ) are re-
Hponslble , oil BOIUO of them no doubt arc , In
case of uu action at law It would become
necessary to sue each Individual under
writer for Ills proportionate nharo of the
loss. They have no legal representatives
lit tills state on whom service could be
had , nnd each underwriter would have to
l/o sued at his place of residence , nnd In
some cases ns many as fifty separate suits
would hnvp to be Instituted In order to re
cover on n policy.
The regular Insurance companies have
representatives In every fair sized town In
this stale. They have compiled with the
state law and been found thoroughly re
sponsible and able to meet their obligations ,
Service on any of their representatives
would be held good nnd suits carried on and
decided In our own courts.
DISADVANTAGES AUH PLAIN.
From this statement It may be seen that
the general Insurance Lloyds can hardly be
compared with the Interlnsurancc campanlcs ,
and wo have In them nil the disadvantages
of the old plan , with none of the advantages
of the new ; all the dlsad van tapes of the
new , namely , no stipulated capital , surplus
or general assets , with none of the advan
tages of the old. In other words , all the
objectionable features of a loosely managed
stock company are here combined , with none
of the advantages of tl'e close corporation
for mutual protection. The general Insur
ance Lloyds , In addition to this , Is lacking
In all the points claimed In favor of the
Interlnsurancc Lloyds , Its expenses call
hardly be less than those of a stock com
pany , the moral hazard of Its policy holders
Is not boiler , and Ihero Is every reason to
believe that It Is not as good. U Is almost
Impossible lo get at the financial responsi
bility of the general Insurance Lloyds , owing
to the fact that It would become necessary
to look up the standing Of each Individual
underwriter. The ntlorney generally refuses
to give Information regarding the manage
ment and other essential points , claiming
that his Is a mutual society , and absolutely
'denying the right of the public to Inquire
Into what he terms the underwriters' private
affairs.
The opportunity for fraud Is very evident.
The right to organize these companies was
abolished In the state of New York In 1S02 ,
nnd many persons took out charters Just
previous to the passage of the law for spec
ulative purposes. These charters command
a high figure , and the business has been
carried to such an extent that a Lloyds
charter was offered for sale through the ad
vertising columns of n dally paper quite re
cently. It Is only fair to admit , however ,
thai some of the Lloyds organized under this
plan are composed of men of high character
and undoubted Integrity , are conservatively
managed , and do a slrlctly legitimate bus
iness. There Is no reason In this case why
such a company should not do n successful
and profitable business , bill It must , never
theless , bo admitted that the plan has many
elemenls of weakness hard to overcome. It
Is also a fact that their standing will be
materially Injured by the numerous fraud
ulent concerns doing a wildcat business ,
whoso Inevitable failure will sooner or later
follow. ALBERT ANDHIANO.
SUI'ltK3tK ( JOUItT ttVLLAHT.
rolntH Declilod In a t'oiiplc of CHHPS Pnsscil
mi Ilcrently.
LINCOLN , April 2 . At Its session hero
last week the supreme court handed down
opinions in the cases the syllabi of which
follow :
Plllsbury ngalnst Alexander et nl. Appeal
from Hnll county. Affirmed. Opinion by
Commissioner llngnn. ,
The state of Nebraska sold to Arnold &
Abbott certain land and gave them a con
tract for a deed ; Arnold & Abbott caused
this land to br > surveyed nnd platted Into
lots , blocks nnd streets , nml designated as
Arnold & Abbott's addition to Grand Inland.
They did not attach or acknowledge or sl n
n. certillcate to Mich pint ns required b >
section lOH. chapter xlv , Compiled Statute *
1SM. ! They caused ? .ilil plat to be filed In fit
oflice of the recorder of deeds of Hal
county. They sold nnd conveyed parts o
the land platted , descilblng the parts K (
sold as lots nml blocks In Arnold & Ab
bolt's addition ; HIP land public took pos
session of and used the land designated n.s
streets on said plat. Held : First , tlm
the failure of Arnold & Abbott to comply
with Bald section 10.1 In platting fiild Inm
did not render the pint of the addition void
Second , that Arnold & Abbott , by the !
acts , had estopped themselves , their heirs
nnd grantees from claiming any title to
said land designated ns streels on the pla
In said addition.
Third , that the acts of Arnold & Abbot
In platting said addition amounted to n
common law dedication to the public of the
land reserved on said pint for streets.
2. Arnold & Abbott sold nnd conveyed by
warranty deed lots 3 and 4 In block 18 o
" '
Abbott then assigned their state contract to
one Thomas ami the stiite of Nebraska
conveyed the legal title of all said land to
him. Thomas then conveyed the said lotd
3 nnd 1 to Abbott. Held : That the legn
title of said lots acquired by Abbott , by
his conveyance from Thomas , passed at
once by oporatftm of law to , and vested in
Plllsbnry , the grantee of McCarthy.
3. Plllsbury Ihcn filed a bill In equltj
against Alexander & Mursh , to whom he
had contracted to sell and convey the lots
to compel them to comply with their agree
ment to purchase ; they defended the notion
on the ground that Plllsbury did not have
the legal title to the property. Held : That
the defense was not good ; that Plllsburj
had the legal right to the property and wus
entitled to a decree of specific performance ,
against Alexander & Marsh.
4. In un action brought by a vendor
against n vendee to compel the latter to
specifically perform his contract to pur
chase real estate , such vendee Is estopped
from alleging , ns n defense to said action
a defect In his vendor's title , which defect
was bi ought to the actual knowledge- the
vendee at the time he entered Into such
contract of purchase ; nnd where the evi
dence shows that he contracted to nnrnliiiMp
such real estnle Incumbered with the al
leged defpct.
State of Nebraska ngnlnsl Rinwell. Excep-
llon from Gnge county. Exception SUH-
talncd. Opinion by Commissioner Ryan.
Th'e act to establish n state board of
health , to regulate the practice of medicine
In Nebraska. , etc. . Is ns much directed
against any unauthorized person who shall
operate on. profess to heal , or prescribe for
or otheiwlse Irent any physical or mental
ailment of another , ns against one who
practices medicine , surgery und nbslelrlcs
as those terms ure usually nnd generally
understood.
2. The object of the statute establishing n
slate board of health , etc. , Is lo prevent
Imposition upon the nflllcled bv Ignorant
ana unqualified prelenders to healing power ,
nnd any person not within the exceptions
nrescrlbed In said act , und not having com
piled with its requirements ns to a cer
tificate , who shall under any pretense op
erate upon , profess to heal or prescribe for
or otherwise treat nnv physical or mental
nllmont , , , , of " " " 'her ' thereby renders him
self liable to Its penalties.
. IXXOUXVK.MKXTS.
Lovers of amusement In this city will he
royally entertained for three nights and Sat
urday matinee , commencing Thursday , April
26 , at the Fifteenth Street theater , when
that excellent comedian and singer , Charles
A. Gardner , will appear for the first time
tiero In his now comedy drama , "The Prize
Winner , " Mr. Gardner will Interpret his
role of Karl , the prize winner , In the Ger
man dialect , and will sing seven new songs
sot to music by Gustav II. Kline , composer
of "The Lilac. " The now songs Include-
'The Turner's Triumph , " "Tho Hunter. "
Wedding Bells , " "Tho Butterfly , " "Apple
tllossoms , " "Tho Flower Girl" and "Wand
Drill. " Not only lias Mr. Gardner ample
scope to display Ills fine talents , but the
other members of his excellent company
wvo strong parts to portray. Besides there
are marvelous scenic effects nnd a splendid
mounting of Die piny generally. An nvn-
ancho of n decidedly realistic kind Is n sen
sational feature of "The Prize Winner. "
The big spectacular production of "The
Spider nml Fly" will be the bill offered by
ho management of Boyd's Hunter for their
wtrons Sunday matlnco and night , April 29.
This JR an entirely new company and pro
motion , the one that made such u big hit In
San Francisco during the Midwinter fair , and
on their Pacific coast tour , The spectacular
> orton | of tlis entertainment will bo pro-
onted by a coterie of capable players.
The latest acqulaltlon to the Omaha Rlk
nlnstrel entertainment Is P. T. McGrath
f the Cudahy Packing company , who Is the
'baby Klk" of Omaha ledge , Ho has at
he unanimous request of his brother Elks
ery Kindly consented to appear In his own
ccontrlo specialties , nnd all South Omaha
promises to bo on hand to witness his
stage debut. The full rehearsal of yesterday
at lloyd s theater was most promising , and
guarantees u thoroughly enjoyable entertain
ment , Rehearsals will take place every
evening this week at the Elk lodge room.
Tickets ar " > already helling rapidly , and
every seat "in Boyd's theater will bo occu-
plea ono wntk troai tomorrow evening , The
boxes wilt be pold by auction at the theater
box office next Friday morning at 0 n. in.
ZOLA'S STORY" LOURDES.
lluvr He ( lathered the Mntrrlnl for the
Crowning KfTorl of III * I.lfc.
"Lourdes" U considered to bo without
question Zoh'a masterpiece nnd the literary
sensation of the year. The subject of the
alleged miraculous cures at Lourdes Is so
full of Interest and mystery that even n less
deft novelist than Zola would nnd It a fallow
field for fiction. Then , ngaln , the great
crowds of nil classes of people who aUcnd
the pUgi Images to Lnurdes furnish the
best of material for Eola'a wonderful charac
ter studies.
M. Hola himself went on ono of the pil
grimages. That was In 1S02. Ho went with
the purpose of gathering material for a
novel , and so Impressed was he with the In
cidents nnd scenes he there witnessed that
he resolved to make "Lourdes" Iho work of
his life. He has been steadily laboring on the
story ever since. The Bee has secured this
great work for Its Sunday Issue ? .
On his return from London last fall M.
Eola gave the finishing touches to the novel.
Ho had extraordinary opportunities to
gather material while at Lourdci , for the
priests there , who knew the purpose of hs !
visit and were aw are of his critical mind , re
ceived him as a guest of distinction , con
ducted him to all the olllces , permitted him
to visit the miraculous plunge bath , and
even let him Inspect the patients n thing
nobody not a priest or a doctor ever did
before.
M. Zola , speaking of his new book , says :
" 'Lourdes , ' will not be n novel , properly
speaking , but rather n sort of 'mystery' In
'Ilvo days. ' My book , which Is nil account
of a pilgrimage , Is divided Into five days ,
over which a pilgrimage extends. U Is
even possible thai , Instertd of dividing the
work Into chapters , I may divide It as follows
' ' 'second ' etc. Tills
lows : 'First day. day ,
will Imply a different shade of meaning.
Moreover , there is hardly anything about
love love , that Is , of course , In the usual
sense of the word.
"Lastly , the plot Is very slender. As In
Iho 'Debacle , ' thorn Is scarcely any.
"The peilod In which the events related
unfold lli-msolves Is Ihree or four years ago.
That was just my great difficulty. The
figure of Bermulette Interests mo n great
deal. I am fond of this girl , so charming
and so sweet , whom I have been able to
study thoroughly , thanks to the documents
I have been able to put togethei. She must ,
therefore , have a place In 'Lourdes , ' nnd It
is this retrospective 1 may say historical-
side of the book which gave mo most
trouble. "
We wonder how many renders of The Bee
have any adequate conception of the extraor
dinary spectacle which M. ttola has Judged
It worth while to journey so far afield to
witness. The ignorance , and , indeed , the In
difference In the matter of Lourdes evinced by
mosl people In this country , who dismiss
the subject as one entirely unworthy of
serious consideration or even of passing in
terest , must be the apology for the following
brief account , both of Iho origin of the de
votion at that place and of the remarkable
scene of which M. Zola has been a witness.
One February midday , In the year 1S5S ,
one of three children , a little girl of 14 ,
was observed by her companions , with
whom 'she had been occupied gathering
wood by Hie side of a stream , suddenly to
fall upon her knees before a small grotto
In the overhanging cliff und there lo re
main in prayer for about a quarter of an
hour. On raising from her knees and turnIng -
Ing to the other children she asked them
It they had not seen anything , and on their
replying that they had not she Informed
them , after some hesitation , that just as
she was stooping down lo lake off her shoes
with the Intention of crossing the stream
she had heard a sudden noise , like the
sound of n greal wind , and on looking up
lo\Vard the little grolto had seen Ihe rock
gloriously Illumined , and in the middle of the
Hood of light , with her feet seeming lo rest
on a large wild rose tree that clambered
across the face of the cliff , stood a lady
clothed in dazzling while , who smiled and
stretched her hands to her.
Of course this story was received with ab
solute Incredulity by the child's mother , who
said the whole thing was nonsense and for
bade her going back to Ihe grotlo.
A couple of days afler , however , permission
to do so was obtained , nnd she repaired
thither , accompanied by her mother and
some Iltlle friends. Afler some waiting nnd
praying Ihe girl's face suddenly lit up , and ,
"Look ; there she Is ! Don't you see her ? "
But none of them saw anything except the
re rock and the wild rose. A third day
and the same thing was repeated , the lady
on this occasion making the child promise ,
so she said , to return every day for a fort
night to visit her at the grotto.
The story was soon all over Ihe town , nnd
first 100 people flocked to the grotto to wit
ness what was going forward , llien 300 , Ihen
several Ihousands , unlll at the end of a fort
night over 20,000 persons made their way
from all the country round nnd thronged
in dense masses along the foot of the cliff
to await the arrival of the child for her
dally visit. In all , the number of Iheso
apparlllons amounted to eighteen , after
which they ceased ; and , notwithstanding
constant visits to the spot , the child was
never ngaln favored with the sight of her
beautiful and radiant lady.
During one of the "later apparitions the
girl , apparently obeying some sign of the
mysterious flguie , was seen to go to n cor
ner of Iho grotto and scratch with her
lingers In the dry earth. The crowd , much
astonished at this proceeding , were yet more
surprised when they saw her appear to take
waler In her hands nnd begin to
drink. They thought she was mad ; when
suddenly a narrow ribbon of water was ob
served to spring from the place where she
had been scratching and made its way down
toward the river. In a day or Iwo It had
grown to be a considerable spring , and In a
short lime was calculated to glvo over 120-
000 Hires of water each day. Already be
fore the cessalion of the apparitions some
startling occurrences had bsen reported. A
man , for Instance , who , owing to an explo
sion , had lost the sight of one eye twenty
years before , regained It Instantaneously on
applying some of this wonderful water. The
doctor who had Ions atlended him cerlllled
to its having been an Incurable nmurosls.
In 1872 Iho number of pilgrims In six
months amounted to 140,000 , and a great
national French pilgrimage came to bo or
ganized every year.
The lessons of simple faith , touching de
votion , radiant hope and sublime resignation
learned at Lonrdcs during the three days of
the pilgrimage are as beautiful'and valuable
to the most hopeless skeptic as to the most
fervent and believing Christian.
Last year some 20,000 souls presented
themselves at Lourdes on August 20. Over
12,000 , bringing with them 1.100 sick , had
como from Paris and the north In seventeen
special pilgrimage trains. The sufferings en
dured by these poor people. In every slage
of sickness and disease , during these long
two days , packed In suffocating and crowded
carriages , ono cannot readily Imagine. It
Is horrible to conlemplalo what they must
liavo undergone on their return journey ,
wearied out by the strain of the last three
days , and manv of them with the hope of
cure , so long and patiently cherished , de
stroyed forever or deferred another dreary
year.
itx 1'iixmoxa.
Veterans of thn I.uto AViir Itcincmfoercd by
tlm dencr.il ( iovernment.
WASHINGTON , April 23. ( Special to The
Bee. ) Pensions grunted , Issue of April 10 ,
were :
Nebraska : Original Martin Vnmlowoffo ,
Holland , Lancaster. Increase ICmit T.
Itye , Wnkelield , Ulxon. Original widows ,
etc. Cuthcilnc Mulcuhy , Omaha , Douglas.
Iowa : Original Miles II , Colemnn ( de-
censed ) , Harhin , Shelby ; George Stephens ,
Bonaparte , Van Huron : William Olbbs ( de
ceased ) , Karlvllle , Delaware. Increase
Madison t1. Staves , OPH Molnos , Polk.
Original widows , etc. ICIsey Ann Hhawhan ,
Moignn , Valley.
Colorado : Original John Hewlett , Den
ver , Arnpahoe ; Jerry A. Thompson. Ijiw-
rence , Kl I'acn. Increase Charles O'Neill
deceased ) , Pueblo , Pueblo. Original
vldow , etc. Cellcla M. Pulver , Pueblo ,
Pueblo.
South Dakota : Additional John A. Mor-
Ison , Armour. Douglas.
Pollen llrtnlth'M.
Lon Schwenr , Second and Martha streets ,
ms been arrested -for hentlng Ills wife-
vhlle drunk Saturday night. > Ils wife
ays this has been a habit with him.
T. Tracy nnd L. Gavin , two boys , got
nto u dispute yesterday after the mutlnee
ut the Fifteenth Street theater was over ,
ind had n light In the middle uf the street.
Jotu were
4 lit1 III ( ITIXTP4V TUP T41MPP
ARE WAI I INfi.ON 1IIL TARIrt
Manufacturers Rmuly to Resume Activity
When the Uncertainty is Removed ,
RECOVERY STILLFOUR , MONTHS AWAY
Hunk Tnx Itrprnl/illsiouiitrd / In Wall Street
iin : tlrlty of thn Currrnoy In NeiMlcil
Itiillronil Kiiruini ; ! Are Still Uiniip-
poliillngly nmll Tlio Outlook.
NEW YORK , AprJI 22. Henry Clews ,
bend of the banking house of Henry Clews
& Co. , writing ot the situation on Wall
street , says :
"In our review of last week wo cited some
of Iho causes which are producing n condi
tion of suspense In the Wall street markets
nnd temporarily affecting prices unfavorably.
These Influences still remain In operation ,
with the eUcct of encouraging bear soles ,
while having lllllo cITcct upon holders of
long stock. Out of the uncertainties attend
ing the situation at Washington , ono proba
bility Is coming out with more distinctness ,
namely , that the tariff bill Is conceded to be
sure to pass , cither with the Income tax
attachment or without It. nut the time for
Its enactment Is now set back as far as
next August. This Is a discouraging pros
pect , ns It means that the manufaclurlng In-
leresls nro lo be , kept In a slHte of com
pulsory Inactivity for two or three months
longer than has been anticipated. Under
this state of affairs It Is out of the question
to expect any noticeable revival of general
business until the fall months , whereas such
Improvement has been hoped for about mid
summer. This , however , means disappoint
ment rather than positive discourage
ment. In most branches of trade the symp
toms Indicate a readiness lo resume business
upon an ncllve scale to soon as these legis
lative restrlcllons are removed. It Is con
ceded more and more that there Is a lareo
measure of purchasing ability among the
communltv at large , and that naturnllv
leads to the Inference that , when this long
protraclcd restraint upon both production
and marketing Is withdrawn , there must be
a very sharp rebound of activity , In order
to recruit the supplies thai have been sub
jected to a twelve months curtailment , rang
ing between 25 and 40 per cent. Hut while
these prospects are counted upon with almost
entire unanimity , the fact that they stand
forward some four or five months In the fu
ture prevents them from being discounted In
Wall slreet operations , and Inclines specu
lators lo a MIcawberlsh attitude.
ABOUT HANK NOTE LEGISLATION.
"It remains to bo seen whether the pros
pects of bank note leglslallon may become
an clement In Wall street movements ,
There can he no doubt that this question Is
receiving more serious attention In bankIng -
Ing circles than It has hltherlo. It has so
far been discredited , because there was ap
parently no chance for a conservative and
yet effective measure being adopted by Iho
present congress. Plans , however , have
been introduced in the house which nro
dally gaining confidence for their safety ,
whilst the faction favoring the unconditional
repeal of the 10 per cent tax Is in a steadily
diminishing minority. It thus seems pos
sible that something may be expected in
this way calculated lo relieve the very un
satisfactory condition | 0f our currency sys
tem , and to rationally satisfy the clamor
for more money , which has hitherto ex
pressed Itself chiefly in a demand for more
silver. The rising tifidency In this direc
tion deserves watching , for there can be
no doubt that any meaiiire calculated to
increase the elasticity of the currency and
to divert from it the dangers connected
with silver Inflation would affect favorably
all kinds of Investments.
HAILHOAD EARNINGS.
"Concerning the-Immediate future of Iho
market , moderation Is ; 'advisable. The chief.
If not the only , drawback lo a further rise
Is the continued decrease In earnings , or a
Jack of freight. It | s true traffic Is improv
ing and must keep pace with the expansion
in business , but the latter has been slow and
disappointing. Strong efforls are sllll being
made to maintain rates , but under present
conditions more or less culling seems In-
V' ' " * ' ' " , ' i" " Anirtist last , or for seven
iiH , earnings have shown decreases In
gross , varying from 10 to 15 per cent. For
a time It was possible to offset these losses
by extreme economies .tnd postponement of
ordinary outlays. The limit of advantage In
this respect has been reached , and If divi
dends are to be maintained It must be either
through betler traffic or lower wages. The
latler contingency Is certainly to b avoided ,
for It would mean a long nnd wasteful strug
gle , and fortunately the outlook Is brigIA
enough to render lhat only a remote possl-
blllly. Ono road has already reduced Us
dividend , nnd olhers may follow. Tills , how
ever , will nol bo a surprise , such n result
having already shown Itself in present low
prices. It must not be forgotten that at
these low prices stocks have fallen Into
strong hands. Investors may not he willing
to buy. but the largo holders show a de
termination not to sell , ' which augurs well
for the future of the market. In an abund
ance of money at low rates they have a
powerful aid , with which they can easily
slem any decline until nalurol Influences
again assert themselves on the side of an
advance. "
IN Till ; I.OMJOX .MONKV MAKICET.
Stringency Vanished During the Past Week
anil Kntpg I'd I Sim r ply.
LONDON , April 22. During the past
week the stringency In the money market
vanished. Four '
months' loans were ar
ranged at 1 per cent discount , llntes for
money also fell sharply and holders of
Ihreo months' bills were bo confident of
a further decline that many of them ore re
fusing to accept a present rate of 1 per cent.
The Hank of England's stock of gold con
tinues to accumulate. Another 1COO,000 Is
enrouto apart from the probable American
shipments. Business at the Stock exchange
was restricted. The movements were Irreg
ular. There was lillle change In homo
railroad securities. The foreign market was
quiet.
French operators were occupied with the
coming loan to bo Issued by Iho city of
Paris. German operators devoted most of
their attention to the now German loan of
100,000,000 marks. American railway se
curities after a general set-back , which was
largely duo to Belling from AVnll street ,
partly recovered at the end of the week.
There were several substanllal advances
Saturday. The general disposition la In
favor of holding securities , as It Is believed
there will ho a recovery before long. In
the meantime nil railroad securities show
a decline on Iho week. Atchlson , Topeka
& Santa Fo mortgage bonds , Mexican Con
tra ] , New York , Cqntral , Reading ists ,
Illinois Central nfftf-'Wabash Incomes were
. , 1 Polntlqwer. Anglo-American
Cable was up % , pcr cent , while preferred
was 2 per cent higher ,
vrncic IN AiANc'iiissTKit MAIIICIT.
Itcporls Are Vt > r , , 'nii8iitlHravt < iry In All
DrpitrtmriitH-ut PrrHiit. .
MANCHESTER , . prll 22. Reports are
very unsatisfactory ; In all departments and
'
there has been a .i'brnovor from poor prices
to poorer. The pauplty of orders Is becom
ing very marked land Irregular movements
result therefrom , _ jjiauy makers preferring
to accept low rnji > gj to nn entire stoppage
"
or working to stock. "However , eastern mar
kets are sending lurgoiordors nt n low price ,
and though mostl Impracticable , the existence
enceof such order. ! ? Is regarded ns encour
aging. Hleachlng cloths , low skirting , Jac-
coniietls. mulls and also dyed and colored
cloths are all In demand for India. There
was nothing doing for China. Egypt wua
moderately active arid South American orders
have been Increased , but their execution Is
often delayed , owing to financial dlnicultlea.
Homo trade him been unchanged and slow.
Yarns wore rather depressed and generally
Hd lower for business uf any weight. The
spinners' position Is growing worse. Ger
man reports nro good , the spinners nro fully
engaged for n considerable tlmo nml prices
nro firm. The French cotton Industry Is
quiet , but fully occupied.
NIMV York Dry CnoiU Murkot.
Ni\V YOItK. April Il.-In ilry ituwln It IIUH
liei'ii u < | iilt > l tiny In nil lUimrtimmi nf tr.uli1.
though it fiilr onler ilfmnml him ri-liiriu-il n KI > I |
vulumu u ( calm ihu.1 wua vuy luri'ily
timing ! ) MUiTlr * nn prinloin purcImM1 * The
( Input nnnlltlrn nf hlrnrhivl rollout nn1 ilolltrrnt
flu ( illicitly n * rrci'lvpil. Tor otli'r Knulen the ii *
inaml un * morn inmtcmtp On Thurmlny nrit
Plilllp Mnj'or wilt in * ! ! nt ututlon Rin l pnrltitKi'ft
of turkiiy ml fnnrj * tlimncU , wlill * on Krliliy
W. I. . HlrotiK * tM. will li.'Uc n tierclmilory unlo
of lilnnkPls nml lUnnrlit. I'rlntlmt rlutlm uro
vrry iiulct but utenily at sie for tl.tty-four
squares. Hniei nf the wceU , MTi.txw
CHICAGO ( ill.M.N
of the Trading unit Closing I'rlrcM
nn Siitiinlny
CHICAGO , April 21. Trade was light
today nnd markets In the end were rnther
weak. Wheat declined Uo nnd coin lii\
Oats nro without chnngc. Provisions \vrn >
rather weak , but price I'hnnges nt the close
were not very mntcrlnl. Wheat opened
very quiet , but persistently llrm. For Mny
there were buyers nt die , nn against titi i1 at
the close yesterday. The Mny fulurc held
steady and fluctuated within 'itrnllgc. . The
California situation wna the ohlef cause of
Iho firmness. Noithwest mtvlces lepottrtl a
backward condition of the seeding. Noth
ing lo speak of hn.M been done In ninth Mln-
ni'sotn. nnd North Dakoln , nnd the weather
1ms been so cold slni'i > the middle of March
that wheat sown In South Dakota ban not
come up. Trade was . o dull hcrt1 , however ,
nnd so narrow that the selling of u vi-ry
small amount which had been bought
yesterday caused a regular stampede. The
market began to break nnd ( illicitly de
clined , nnd closing prices were nboul thn
lowest of the day.
Corn was weak. Trade was light and
without feature tilt within the last half
hour , when wheat started on the down
grndo , nnd further weakness developed In
corn , with the close nbout the bottom fig
ures of the session ,
Outs Welo quiet throughout the ses lon ,
with buyers plentiful , but lllllo stuff of
fered. There wus good activity In provis
ions. Pork was rnther easier , nnd In the
end closed do to 7'2i' lower than on the day
before. Mny lost 7'fce , while July Is 2Vtc
higher , and ribs unchanged.
Estimated receipts for Monday : Wheat ,
S2 ears ; corn , 1:50 : cars ; oats , 230 curs ; hogs ,
2),000 ) bend.
The leading futures ranged ns follows :
Articles. | _ Oppn. I jtish.
Wheat. No. _ '
April COM
May (11) (
Corn No. B. .
April 3SJ6 nsv ;
May nil } *
July ilOJ *
OalB No. i. ' . . .
May
Juno
July anx ;
Sept
Pork per bul
May 15 ! 00 12 I12H
July la no la uo
Laid. 100Ibs
Apill
Mny 7 t > 7 ! 7 07
July 7 BB 7 III )
Sept 7 ao 7 BO
Short Ulus-
Mny n r > J6 0 . " . "M
July o ftax II 05
Sept 11 naw I ! r.71-
Canh quotnllons ncrc as follows :
KI.Ot'H Dull.
W1II2AT No. 3 spring , W'ic ; Xo. 3 SpiliiR.
62f.r > 3c ; Xo. 2 inl , r,9"jo. "
( -O1 IN No. 2 , 3 , , < f3Sjc.
OATS Nn. 2 , ? 20c ; No. 2 while , SJ'Jijjs.TJic ; ND.
3 white , 3 1 " 4(11 ( 33' Of.
im : NO. 2.inc. .
] IAHMr Nominal ; No. 3 , IilB57oj No. 4S
© Me.
KI.AX Hitn-ji.20. :
TIMOTHY SIOiO Primp. J4.23ifi4.30.
PHOV1SIONS Pork. mess , per bill. , J12.C1B )
12.0J'4 ; Janl , per 100 lh i. . J7.70ff7.72' < . ; short rlh.s
sides ( loose ) , Jti.C2iiiiO.BJ'ii ilry called shoulders
( boxed ) , $ O.OOSC.2j ; short clear sides ( boxed ) ,
JC.S7l4Sl7.12ii , .
WHISKY Distillers' llnlshed gooils , per eaM )
HUCSAU-VncliatiRLd.
The follow ins wcio the receipt ? ana
for today :
On the Produce evchanioi todir the. butter mar
ket was quiet ; creamery. ltt'4ilc ! ; dairy , 1'Jmlbc.
l-tfei , ( inlet ; strictly fruih , Hie.
OMAHA J.IVK .STOCK .VAKKKT.S.
Receipts for the Week Foot Up u Very I'ulr
Total.
SATURDAY , April 21.
Receipts have been very unevenly dis
tributed this week , but the totals , compared
with the week previous , do not show very
much change , although compared with the
same week last year there has been n good
Increase all around. The figures are as fol
lows :
_ Cattle. HORS. Sheep.
necelpls Ihls week 18,152 34,2.-iG 7.GIG
Kecelpls last week 17fi2l 39,715 3,101
Same week last year. . . 17r,05 26,173 6,171
Receipts past 3 weeks. G2S2 ! 105,058 U.632
First 3 weeks March. . . 42,553 S3.85J l ,3i5 !
Same 3 weeks last year 4I.C81 62,873 2I.01G
As catllc values have , in a great measure ,
followed the course of receipts , the market
has been subjected to rather violent changes.
Starling out rather stronger on Monday ,
prices took a drop of lOc to IGc- Tuesday ,
when the supply was heavier than It has
been for six months. On Wednesday there
was a still further softening of values , but
light receipts on Thursday and Friday
caused an advance of lOc to 15c , and a good
part of this advance was lost today. Com
pared with closing prices n week ago , light
catlle are selling very nearly the same.wlillo
from a variety of causes heavy catlle have
declined lOo lo 20c. In general the favorable
conditions prevailing last week have pre
vailed In a great measure this week. Specu
lators and eastern bulchers have done a fair
business , and lliere has been a good exporl
demand. Local dressed beef men have all
been free buyers , and the very uneven dis
tribution of the receipts Is about the only
reason that can be assigned for the fluctu
ations In prices. There has been a good
undertone of slrenglh to the trade through
out.
SLOW SATURDAY TRADR.
The market today was slow and generally
lower. Receipts were comparatively heavy ,
twice as heavy as on Friday or on last Satur
day , and this , togelher with the restrlcled
shipping demand ocastoncd by the refusal
of foino u f the rnllronih to handle Block
nlilpments c.ist nmt the Indifferent tone to
reports from < 'hlc.i&o , g.tvo liuyrr * n hlfi
atlvnnlnKo , nnd almost compelled n lower
ranno uf prices. OuUMo tutcliorfl did oomc
buying , and locil ilrrmd hcrf turn were
ulso nftiT sumijlcj. Competition was KOOI !
onoiiKh ib hold prices fairly steady on * omo
of the Rood , imtidy light slecrc , hut the
general market WHS 5c lo lOc lower than
Friday , nnd uu the heavier pr.ules some
dealers wi're quoting n lOo lo IBo decline.
There were somu pretty decent cattle here ,
hut the general quality nf the offerings WHS
not more than fair. Trade \vas on the dull
anil druKKliiR order throughout , but the close
f ( in nil little of nny cniiHeqiiunce unsold.
The cow market todny was n fair sample
of whnt It Ims been all woi'k. Offi-rlngs nro
KO limited that the t'ondltlniiN ot the f < U
cattle market cut llttlo figure In cow vulucx.
The demand has been good , nnd prices were
unstained on tlm fair to good stork. Com
mon nnd canning grades have shown pome
\\caktiex1 * . There were less than n dozen
loads all told on sale todny , and prices were
firmly held. Calves wort In fair demand
and llrm , and I lie nmrkct for rough stock
was Just about steady.
Tlio sloi'lter and feeder I Mile has not been
particularly brink , and \\hllo during the
early part of the wenk the demand was
somewhat In excess of the supply , conditions
lately have been somewhat reversed , nnd
trade today was dull , with a llber.il number
In yard traders' hands. The feeling was
weak , nnd the volume of tradlnt ; rather
limited. Good to choice feeders are quoted
at from $3.10 to $3.GG ; fair to good at from
$2.75 to $3 , nml lighter , commoner grades , nt
from $2.75 down.
11008 STILL A I'ROFJLnM.
Whllo hog prices all week have averaged
from lOc to Ifir hlglur than last week , tin-
close of the market Is from Be to lOc lower
than last Saturday. Receipts continue lib
eral , considerably more liberal than nt this
time last year , and there has been no radical
change In the general cunMl'ons ' btirroundlng
the trado. Among Iho arguments In favor of
continued high or even higher prices ad
vanced by the "bulls" la the quality of the
hogt" . Light airl light mixed stuff Is coming
forward freely , while the good , matured
hogs nre conspicuously scarce. De.ilcrs argue
thai this Indicates premature marketing and
that the hogs -thai arc coming now under
ordinary circumstances should ho fed for
two montha longer. High pr'.eos are bring
ing In the hoga that ought to come two
months later , and this Is bound to make a
considerable s-hortase nlon ? In Mny and Jnti' > ,
and possibly In July. At any rate both hogs
and provisions are romp.irnt.Vcly strong.
Receipts today were light and the market
dull and lower. Shippers bought nothing , ns
the railroads refused to lake llioir purchases
east , and on account of lower marksts everywhere
where- else speculators were not Inclined to
do very much Packers wanted the hogs
lower , nnd In most cases sellers had lo ac
cept prices nearly a nickel ln\\tr than Fri
day for llioir offerings. The big bulk of Iho
fair lo good hogs of all weights sold at $5.05 ,
with some of the best nt $3.071/4 and $5.10
nnd poor light mixed stuff down to $5. Dusl-
ness was rather dull and dragging early , but
rather firmed up toward the close , nnd the
pens were cleared in good season. On Friday
the hogs sold largely at $5.05 and $5.10 , and
one week ago today the bulk of the trading
was at $5.10 and $5.15.
SHEEP Trade dull. For the second time
Ihls month there were no sheep received.
The week's receipts , however , were compara
tively liberal , some 7.G4G head. While the
demand has been good from nil local houses ,
an easier feeling has prevailed , owing to
heavy recelpls nnd lower markets east.
Prices , however , have nol seriously declined
and desirable millions nnd lambs would sell
readily within loc to 25c of last week's
prices. Fair to good natives are quotable at
$3.75@4.50 ; fair to good westerns , $3.25@4.30 ;
common and stock sheep , $2.50JT3..riO ; good
to choice 40 to 100-lb. lambs nl $3.5004.75.
Itceelpts anil Dlsp ttloii of Stnelc.
Official recoil ts and disposition of stoa'.t ' asnno wn
hy the books o' the Unlo i Stooli Yir.ls cjnn.iny
for the twenty four hoiiracndlng at a o'clock p. in .
April 11 ! , 1801 :
KECKI1TS.
IIISPOSITIIIV.
St. l.ouU l.lvn Stock Market.
ST. LOUIS. Apill 21. CATTLE Kecelpts , 100
head ; shipments , r,00 head ; market JOc higher for
the week ; Texas steers , closed at "BO lo 1.150 lb * . ,
t2.lu4t3.Ki ; native steers , choice. 1,400 lha. , ex
port , J4.40 : fullto medium Milpphur , J3.73 4.10.
1IOOS ItPCclptM. t.fioo heail ; shipments , 3.600
head ; m.uKel dull , WlOc lower ; best llRht , J3.20
(15.25 ; Inferior to fair light , { I 73 { < 5.15 ; mixed ,
J4.i5ft5.10.
S1IIJ13I1 Itceelpls , 400 bend ; shipments , 1,000
heud ; maiket lower ; medium ml\td natives ,
J3.C.OfjS.'JO ; clipped best , jn.73j4 23.
Kunsiit Clt.v l.lvn Stock Itiu'ltet.
KANSAS ( MTV , April 21. fATTI.i : Hecelpts ,
4.0W he.nleak ; to lOc laxver ; closing HUady ;
Texas steeis , ) . ' ,3."if2.7u | ; beef hteon , $3 iyif4.43 ;
stockern nnd feeders. J2.G1H3.S , " . ; nntl\o to s ,
2.7r.fii.M : ; bulls , J.70iii3.r. .
IIOOS UecelptH , 7,0')0 ) head ; stronK ; bulk. J4.93
fliJH ) ; hcmles , pncKeis nnd mixed , JI.UOtj3.05 ;
HKhtp. yotketH nnd plRS , M.S.'i'ip.'i.iH ' ) .
HIII3UI' llecelpts , 100 head ; niurket steady ;
good week oil poor.
Oil MiirkutK.
Oil. , CITY , I'a. , April 22. National Transit ccr-
tlllcateH opened at ( > 5 : hlKhest , 8ri' ; lowest , SB ;
elo ed nt i > 3 ; saleM. 1,000 bbls. ; shipments , 110,831
bbls. ; luns , 112,407 bbls.
Stoek In Sight.
The follow IIIK aie the receipts at the four pi In-
clpal cities Satmduy , Apill SI :
Cattle. lions. Sheep.
South Omaha 3,173 3f.7i >
C'lllclIKO MK ) 12,000 2,000 ,
KaiimiH City 4,000 7,000 100
St. I/oula 100 1,600 40J
Total 8,073 2I.17C 2,000
Portrait of a Lady
\vlio has cleaned hotise all day without
Pearline and she's had a lively time of
it. There's another day just like it coming
to-morrow and more afterwards.
Now , see the difference. With
Pearline , all this hard work would
be easy ; through in half the time ;
nobody disturbed by it , Pearline
cleans , Avithout the least harm ,
everything that water doesn't
hurt. You won't have your paint
streaked and rubbed off or your
marble discolored or your temper
ruffled or well , Pearline ban
ishes more of the ills attending
house-cleaning than anything else known just as good for
washing clothes.
Send I'eddlcrs nnJ some unscrupulous grocers will tell you " this is as good ns"
or " the same ns 1'earline. " IT'S FALSE Pearline is never peddled ,
and if your grocer sends you something in place of Pearline , bo
Back honest send it tack , 40U JAMES PYLK , New York.
"CUPIDEHE"
its aw ? iianitieiuuu Ht-vF vnL.itttiZi5lF& iSil
. tlon of n famous Trench physlclnu , * ! , ! quickly ciiriMniinf all ner
HY vous or diseases uf the generr.tlvo < > rKiin , Hiich in J.oet Manhood ,
IiiBOilinln , I'alnaln thu H.icK.He.uliml KinlsalniH , Nervous Debility ,
Ji'lmples , I'nlllntbt to Marry , KxImuslhiK DndiiH. Varlcocelo and
CmiBtlpn.lnn.
. UUl'lOKNKrlPsn'pR tholliror.tho klduoya nnd the urinary
| BEFORE AMD AFTER oriranaof all Impiultles.
C'I'I'f HI2NK BtrctiRthc-iiH nrd restores flinall weak organs.
Thn nt.iBon HiilTen'rH nra not curi'tS by DoetorH l IXICHUHK nlneiy poreent nro troubled with
I'rost.itltU , CI'l'IDI'JN'l ! IH thu only known lenicdy tounri ) wllhuiit an opuratlon. n.dOO ti-H >
tlinonUm. A wrliteiiBuar.inteniflvi.n nnd inoiwy reltiniicl If Hlx IIOXCH iloi-H not ctrect .1 pur-
inanenteiire. $1.00 a box.Hlx ror"j..u ( , hvinall. Rend for 'Ircnlar and leHtlmnnlalH
AddreHaDAViM , .MKIHCINi ; { ! ( > , , 1 > . O Hex atl/ll S.m t'raiullNco , O.il. KorHuluby
Uoudinav Driur Co. . 1110 I'arnam St. , Omaha ; Camp llrju. . Cc.r.ull Ululfu. Iowa.
. . , , , . ,
I U.TCI. < 1VUUIIIUU IIHKVIUIIIIBB t.uvb tflulllluuU IIKU llj Ft [ III VNIOlnt ,
ii ( . ' " .nllilrulninnil lo > " ( if power In ( ) [ 'iierutlvortiiiiH ) nf cither i"J
by oreruxirtlon , yniilhlul eri'ur , eicenslvn line of lobuccn opium or tllin.
. . Ifruflo . InllrmUr. , . < jon.uiiiilonor | Inkunlli : . Can tin cnrrledln
) ; j l per ; bo * , for b. . , ur nmll prenald. WIlliuH.'i nrdi-r no
Hlvn u % vrllten auuriinlwe lu cum nr ref iiritl Ilin innitfy. ted | brail
'driKKlXi. ' Ai-k forll. laku nooiluir WrlliforfrenMeUlrul lltmk tent „ . . „ . ,
Ill plain nriiplxir. Addri'siItKltVUbHKll t'tl. , Ma > onaTuiii | | > luCUIv Ui >
JTor lalo la Omaha. NtU. , by SUumiui A UcConuclt awl ty Kuliu & Co , ,
Porous Benson's Plaster ; j
IS TBIE BEST. A
, ? * RELIEVES PftOMPTLYtnd .v T
k * CURES QUICKEST , v * "
The pinor tnvo thrown ItRht on mnnyob- .
nciira iioltit * in llio history of Iho war. nnJ
nro'iirlitmiieli . taotlnmny from men who \rouM
.
iiototliTwlB.1 linvi > ( riven their experience !
KvoMln * font. Sun Frnndlnco.
Just Note
Of Contributors to
CENTURY
WAR
BOOK
General Grant ,
General Sherman ,
General McClellan ,
Anil
dustavus . Smith
( C.S. A ) ,
J a. Wulkcr ( C. S. A. ) ,
Students of
American history Franz f\gil \ ,
one lit to bo irr.ite- Stephen D Lee ( C. S. A. )
fultor the '
oppor'
tunlty of arriving John Gibbon ,
at nu nijproxlm.v James II. Wilson ,
tlon to the truth by
the nldof the runes Adam Badcau ,
on of direct both aldea. evidence nml B. M. Law ( C. S. A ) ,
of the excellent John I ) Imbodcn ( C. S. A.,1 )
and diagrams
nuipa profusely , William B. Tallafcrro
grams but not too pro ( C. S. A. ) ,
fusely , scattered timer-son Opdycke ,
through the vol
umes. Athenajnm Joseph Wheeler ( C. S. A. ) , ,
L. ndou , England. Wad : Hampton ( C. 5. A ) , , '
Oscar II. l.a Orange ,
John S. ittnsby ( C. S. A. ) , .
John Taylor Wood
( C. S. A. ) ,
Henry Stone ,
Thomas L. SneadiC , S. A ) .
S. II. Lockett ( C. S. A ) .
Huntinicton W. Jackson ,
II. Kyd Douglas ( CXS. A. ) , (
JohnS. WIs : ( C.S. A. ) , I
Alnjor W II. Powell ,
J S. Pullman ,
Chnrlc.i P. Stone ,
E. P. Alexander ( C. S. A. )
Basil W. Duke ( C. S. A. ) ,
RiichC. Hawkins ,
Silas Cossrove ,
Thomiri Jordan ( C. S. A. ) J
liradfey T. Johnson \
( C.S. A. ) ,
Jullui White ,
Philippe , Comte de Parts. .
Admirals J
David D. I'orUr ,
Henry Walke ,
Daniel Amiuen.
The Century Co. Colonels
has clonp n crent
Bsrrl o to htntor- T.V. . HlKBlnson ,
Inna In purHuudln ; William
Preston Johnson
aotorf in tho. ) >
war
on both Blclcib to ( C. S. A J , i
wrltu accounts of J. A. riultlzan.
the vnnoti'i nutlc9
und In publHhlnir Captains
thf no hiindBomcly . James It. Hads.
illiiBtrated TOI.
The Century War Hook is lustoryi
written by its makers. It is final and )
absolute.
No other history can compare wish it
Don't be Imposed Upon.
The other ( alleged ) war books ar j
not his'ories , however big their pages )
or numerous their illustrations or little )
their prices. You don't want the scn- (
sational vaporing * of irresponsible w c
conespondents. *
FOH CITY nilADIIIlS-nrlim 4 "Centum
War Hook" Coupons of diffident dates , toKvth
ITsltli 10 cents In coin , fur each pail uu *
tUfd , to Tlio IK'u office.
rou OUT oi' TOWN uuAnnus-MHii n
"Cenluiy War Hook" Cuupoim of different !
dales , with 10 cenla In coin to Cenluiy War It
Hook IJept. , The lice. Ilu particular to (1)
Klvu your full name and aihliem ; (2) Invluno
thti iH'Ci'sniiry coupons nnd 19 c nti ,
In oidtrlnu "Tho Ci/nlury Wur Hook" Uo nol
Include uiiy other tualni/na In jour letter o
delay will euiuo , . - -