Jasper County Democrat, Volume 4, Number 40, Rensselaer, Jasper County, 11 January 1902 — Page 2
FARMS FOR SALE. BY Dalton Hinchman REAL ESTATE AGENT, Vernon, Ind. No. 73, Farm of 187 acres, large, new frame house of 6 rooms, barn 30x56 feet, fine orchard, l',« acres of a vineyard of fine wine grapes. Farm mostly level with 12 acres in timber and well watered. This is a good grain or stock farm 1H miles from R. R. Station, half mile of pike road that rues to Seymour and Columbus. Price $5,000, onehalf cash. balance to suit purchaser at 0 per cent. No. 201. Farm of 108 acres, frame house of 5 rooms, two small barns, 20 acres in timber balance in nice shape for plowing. Fruit of all kinds and farm well watered. %of a mile from school, store, post-ofliee and R. R. station, a church on corner of furm, 2if miles of Vernon, ou pike road. Price SI,BOO. SI,OOO cash, balance on short time ailT'per cenT secured by mortgage. No 270. Farm of 153 acres; 2-story frame house of 7 rooms; large frame barn 55x60; 3 wells of good water and tine stock water by springs; part level and part rolling; three orchards of all kinds of fruit; 35 or 40 acres In timber, some (food saw timber; IVi miles of railroad town. Price $4,000. No. 270. Farm of 200 acres; fraise bouse of 5 rooms, large frame burn, ice house and other out buildings; farm is well watered, lays nice, well fenced: 3 mile* east or west to railroad towns on J. M. & 1.. B. & O. S. W. or Big Four. Price S2O per acre. No. 280. Farm of 102 acres, 3 miles from Vernon with large two story brick house of 0 root! s, one large and one small barn; other small outbuildings and 20 acres of timber, balance cleared and plow land. The Muscatatuck creek runs through this farm. This is a splendid stock or wheat farm. Price $3,000. Correspondence Solicited. References: Judge Willard New, Kx-JudgeT C. Batchelor, First National Bank. Merchants: S. \V. Storey. N. PeVersy. Jacob Foebel, Thomas Ac Son. Wagner Bros. Ac Co., Nelson & Son, J. H. Maguire Ac Co.. IV. M. Naur, Herbert (ioif and Wagner's plow factory. Anyone that wishes to look over the county, would be pleased to show them whether they wished to buy or not. Fatal kidney and bladder troubles can always be prevented by the use of Foley’s Kidney Cure, boh! by A. F. Long.
Honey to Loan. Private funds to loan on farms, also city property, for 5 years or longer at a low rate of interest, with privilege of making partial payments. Also money to loan on personal, second mortgage and chattel security. No delay, call or write. A complete set of abstract BOOKS. James H. Chapman. In Bed Four Weeks With LaGrippe. We have received the following letter from Mr. Rey Kemp, of Angola, Ind. “I was in bedriour weeks with la grippe and 1 tried/many remedies and spent considerable' for treatment with physicians, but I received no relief until I tried Foley’s Honey and Tar. Two small bottes of this medicine cured line and I now use it exclusively m my family." Take no substitutes. Sold Dy A. F. Long.
Have You Seen? The New Machinery at the Rensselaer Steam Laundry. It is the best and latest improved in the United States. No more pockets in open front shirts. Our New drop board Shirt-Ironer matches every button hole perfectly nnfy holds the neck band in perfect position while ironing. Do you realize you are working against your own city when you send to out of town Laundries and indirectly working against your own interests? We claim that with our present Equipment and Management our work is Equal to any Laundry in America. Our Motto: Perfect Satisfaction or no charges. We make a specialty of Lace Curtains. Send us your rag carpets, 5c a yard. Rates given on family washings. Office nt G. W. Goff’s. Phone (iti. Prompt work. Quick Delivery.
WE wish to inform our patrons and the general public that we have succeeded in getting a first class upholsterer and repair man and we are now in a position to do all kinds of new and repair work in that line, also that we are prepared to do all kinds of painting and decorating, pictnro framing and pasteling. We are hero to Btay ! and bound to give satisfaction. Try nnillin IU 1,8 and you will see DuNNILLi that W( : r cn 7 [A T^ you. Work called BROS 0F e^veret *' Phone 203 A RENSSHAER M INDIANA VV
Wells’ Hoosler Poultry Powder Bikw Hem Lsjr, cum (lirlera. (iaptt and >ap, and keep* iwoltnr heulthr. Prim. Me. per f rlrfl Sold by A. F. Long.
JASPER CODNTY DEMOCRAT. F. E. BABCOCK, Publisher. RENSSELAER, - > • INDIANA.
EVENTS OF THE WEEK
Gov. Aycock of North Carolina has named Wednesday, Feb. 25, for the hanging of six white men, such a wholesale execution in one day being without precedent in that State. In each ease there has been an appeal to the Supreme Court. Harry IT. Townsend, cashier of the Bristol County National Bank, Taunton, Mass., is reported to be $115,000 short in his accounts, the deficit having been found by Bank Examiner Ewer. The deficit is .'due tp speculation in cotton futures. State Representative Albert Gabrin died in Denver, it is supposed, from the effects of poison in wine taken New Year’s night at his father's home. Other members of the family tvbo drank of the wine were taken sick, but all recovered except Mr. Gabrin’s sister Alice, who is still seriously ill. The property of the Port Arthur Channel and Dock Company was sold by the United States marshal at auction at Beaumont, Texas. There was only one bid, that of Max Pam, for the Kansas City Southern Railway. The property was sold to him for $500,000. The channel property is valued at about $2,000,000. With 40,000,000 bushels of wheat in the twenty counties surrounding Wichita, Kan., the mills of that city are now idle. The farmers will not sell their wheat at any price and are determined to keep it for six weeks longer, or until the prospects of the growing cfop are better determined. Practically all the mills iu southern Kansas are idle. Judge Arthur H. Noyes of Alaska was fined SI,OOO by the United States Court of Appeals in San Francisco for contempt in a conspiracy to obtain mining claims by unjust receivership proceedings. Joseph Iv. Wood, district attorney, and C. A. S. Frost, his assistant, were sent to prison for terms of four months and one year respectively. The big steamer Bristol was wrecked on the coast of Green Island, half way between Vancouver ami Sknguay, on the night of Jan. 2, and Captain Mclntyre and six of the crew were lost. Three boats carrying seven me* each got away safely, but the captain’s boat, which was the last to leave the steamer, was smashed against the collier and all on board went down. Mohammedans will hereafter make their pilgrimage to Mecca by electric railway, if the plans of the United States Construction Company, which is seeking concessions from the Sultan of Turkey, are realized. The project is to construct lines from Cairo, Egypt, to Mount Sinai and along the coast of the Red sen to Mecca, with a branch from Mount Sinai to Damascus. Mayor Knight of Buffalo, N. Y., has been served with nn injunction, issued by Judge Keneflck of the Supreme Court of Erie County, forbidding the enforcement of a city ordinance fixing the maximum price of natural gas to be charged in the city at 25 cents per 1,000 cubic feet. It is held that the ordinance is unconstitutional. The present net rate is 30 cents per 1,000 cubic feet. At a meeting of Free Methodists at Verona, Out., one of the brethren declared lie could fly iMid proceeded to demonstrate bis power. He got on the table and gave a leap to launch into space and his head came in contact with a large hanging coal oil lamp. The lamp fell to the floor and the oil ignited. At one time five men and three women were ou fire and five out of the eight were seriously burned. The flames spread and caused a panic. Many were injured in the stam pede. Four burglars broke into the grocery store of M. Ileitcnen & Son nt Fairport, Ohio, and blew the safe with dynamite. The charge was so heavy that the safe, which contained nothing of value, was blown to fragments, while the building was partially demolished. A night watch man appeared just as the burglars were departing and called upon them to surrender. They answered him with pistol shots. lie jumped behind a telegraph pole, which was riddled. The marauders then fled.
NEWS NUGGETS.
The first mortgage bondholders have applied for a receiver for the l’an-Amer-iean Exposition Company. Cameron & Cameron’s tobacco factory at Richmond, Va., was burned. Lose $150,000, fully covered by insurance. Miss Julia Fornker, youngest daughter of Senator and Mrs. Foraker, was married at her parents* residence in Washington to Francis King Wniuwriglit of Philadelphia. Fifteen persons were crushed, burned and scalded to death in a rear-end collision in the New York Central Railroad tunnel nt Fifty-sixth street and Park avenue, New York. It is reported that $1(1,000.000 lias been subscribed In Paris for buildiug and equipping a new system of electric street railways in Mexico City and introducing low fares. A Washington correspondent produces comparative tables, showing the superiority of the Panama over the Nicaraguan canal route. He says it is shorter, less expensive and loss dangerous,. Fdbridgo S. Brooks, the author, died at his residence in Somerville, Mass., after an illness of several weeks. He left a widow and two daughters. Mr. Brooks wrote nearly 100 books, mostly of a patriotic i^aracter. In Milwaukee (3eorge N. Wisweii died from ulcer of the pericardium, following nn attack of pneumonia, which resulted from a severe cold. John 1). Rockefeller has offered Brown University $75,000 for a social and religions building, on comillion that the college raise $-5,000 for an endowment fund by the June commencement. The bodies of Joseph Caskey. Sr., ago ] 00. nud Joseph Caskey. Jr., aged .*>o. were found in the yard of their home at Camden N. J. Both had been shot, and a revolver was found by the side of the elder man.
EASTERN.
Gov. Crane heads the Massachusetts subscription list for the McKinley memorial to be erected nt Canton, Ohio. J. Hartley Merrick, of Philadelphia, has been elected grand alpha of the Phi Kappa Sigua fraternity. Two young sons of Matthew Exstein broke through thin ice while skating at Southington, Conn., ami were drowned. Andrew Carnegie has offered Melrose, Mass., $25,000 for a public library under the usual conditions. The city will accept. Faul Blouet (Max O'Roll), the French author and lecturer, underwent a successful operation for appendicitis in New York. Burglars entered Parish & Stratton's dry goods store at Medina, N. Y., and carried away over $1,500 worth of selected silks. * D. Raymond Noyes, a freshman at Yale, was Severely hurt while toboggaucoasting ut Lenox, Mass. His home is iu St. Paul, Mian. An increase of from -1 to 12 per cent in the wages of about 45,000 trainman will be made soos by the Pennsylvania Railroad Company. The Astronomical and Astrophysieal Society of America, iu session at Washington, lias re-elected Prof. Simon Newcomb as president. New statute abolishing common law marriages went into effect in New York with the new year. It recognizes marriages by civil contract. While hauling in a seiu,e off Fort Hamilton, New York bay. a fisherman captured and killed a full-grown female fur seal. It is >aid to be the first fur seal ever caught in those waters. A brilliant White House ball, the first of the kind since the days of the Grant regime, was given in honor of the Washington debut of Miss Alice Roosevelt. Seven hundred guests were present, many cities being represented. Margaret O'Connor, aged 02, and her two graudchildreu, John and Annie Drummond, aged 3 nn 1 <i years, were overcome by illuminating gas at Germantown, I'n. Mrs. O’Connor and the girl are dead and the boy cannot recover. Fire in the four-story fiat building call ed the Hamnett block, at the corner of Franktown avenue and Wood street, Brushton, Pittsburg, gutted the building, destroyed the household goods of several families aud caused a loss of over $50,000. The First National Bank of Glassport, Pa., was robbed the other night of $3,500. The vault was blown open by nitroglycerin. The rear of the building was wrecked. A package of paper money containing SIO,OOO was overlooked by the burglars. Three trains were piled up in a wreck just west of “N. Q." tower on the Pennsylvania Railroad, about seven miles west of Johnstown, Pa. One. man was killed and four badly injured, several others sustaining slight injuries. The killed and injured were railroad men. J. B. Polk, the old-time actor, was found dead in his bed at Brevis Hotel, Baltimore, apoplexy ta-ing the cause of his death. Mr. Polk had been on the stage for forty years when he retired, a few years ago, to become 'president of the Chesapeake Brewing Company. The $3,500 diamond necklace, supposed to have been shipped by Messrs. Shaw & Berry of Washington to Joseph Frankels & Sons of Now York, and which was thought to have been stolen, has been found. An error of a trusted shipping clerk was responsible for all the trouble. The captains and crews of the steamer Sparta and the yacht Parker, comprising some of the best known yachtsmen on the New Jersey coast, have been missing for several days. It is believed that they were caught iu the storms of the past few days off the cod banks, about twelve miles from shore.
WESTERN.
Fire that started in the plant of Curtis & Co., Chicago, coffin makers, caused a loss of $240,000. Eugene Hector, newspaper man, shot and killed highwayman who held him up on the street in Chicago. William 11. Seaton was hanged nt Seattle for the murder of his uncle, Daniel Richards, Dec. 10, 1900. Max Grossman, an old German, was drowned in the Marais des Cygnes at Ottawa, Ivan., while fishing. Near Casper, Wyo., in a light with four escaped prisoners, Sheriff W. C. Ricker was shot and probably fatally injured. L. W. Lacey, superintendent of the Palm Fruit Company’s ranch near Wasco, Cal., was shot and killed by an employe. John J. Valentine’s will, filed for probate at Oakland, Cal., leaves an estate vplued at $400,000 to his widow and children. N. 11. Mlnchell, of Minneapolis, has been elected president of the Geological Society of America, in session at Rochester, N. Y. John Sullivan and his family, living at Lima, Ohio, were asphyxiated by the natural gas pressure coming on while they were asleep. The Duluth Transfer Railway has been sold under foreclosure of bonds amounting to $1,180,000 aud bought in by the bondholders. Citizens of Leavenworth, Knn., have voted in favor of issuing $400,000 bonds for municipal ownership of the city waterworks plant. Walter Bell, aged 2 years, of Amanda, Ohio, burned himself to death with matches. Ilis mother had stepped out for a few minutes. Robert K. Lee and Samuel Garvin were convicted at Helena, Mont., of stealing 700 head of cattle from the Indians on the Crow reservation. Six persons were injured in a collision between a Hnlsted street electric car and a surrey occupied by Samuel Feitler und his family In Chicago. Section Foreman Sullivan of the Great Northern while iu a drunken rage killed his daughter nn|l seriously injured his wife nt Jennings, Mont.
Timothy Moore, Janies Ilogue and A. T. Calhoun were killed by the explosion of a boiler at Britt's Switch, Ark. Two other men were badly Injured. The Searchlight Hotel, Searchlight, Nev., was destroyed by fire. Mrs. Bullo<*k, the lessee, and her two children, a boy and girl, were burned to death. Norley Hall and Ray aged 1(1 and 18 years respectively, broko through the ice while skating on Utah
lake, near Provo, Utah, and were drowned. W. R. Davis was killed. and several thousand dollars’ damage done at Ireland’s stone quarry at Dunkirk, Ohio, by the premature explosion of ten pounds of dynamite. J. W. Cheek, formerly a sician in Bryan, Texas, St. Clair County, Missouri, and Council Grove, Kan., committed suicide at Kansas City, Mo., by taking morphine. The San Francisco mint has just completed a coinage record, which makes IPOI the banner year in its history, $31,072,590 having been converted from bullion into coin. F. 11. Cooper has retired from the firm of Siegel, Cooper & Co. in Chicago, to devote all of his attention to his New York interests. The announcement was made by Henry Siegel. Stewart Fife was arrested at North Y’ukima, Wash., charged with the murder of Frank W. Richardson, a rich merchant of Savannah, a year ago. Fife disappeared last June; John Murray, wanted by the American police on the charge of murdering his wife at Jefferson, Ohio, has surrendered to the police in London and is awaiting extradition proceedings. An enormous gusher giving a million feet of gas a day was struck in “Wild Cat" territory, near Rockbridge, Ohio, by the Springfield Gas Company. Several dry holes had been drilled near the gusher. Fireman Henry Schopper, of the westbound California limited, was instantly killed by his head striking the iron girder of a bridge in New Mexico as he leaned out of the cab to see if the track ahead was clear. Bernard Michel, G 7 years old, was found iu his office in St. Paul with his throat cut. It is believed to he a case of suicide. Michel was one of the most prominent and wealthy residents of his part of the city. Judge Chetiain of Chicago ventured an opinion that trial by jury in contempt cases involving criminal facts is proper, upheld picketing aud thinks there is no conspiracy when men become dissatisfied and quit employers. In Cincinnati Miss Anna Clark, a domestic, died as a result of a frightful jump from a trestle fifty feet in a frenzied effort to escape death from an approaching train. She was alive when picked up, but later died at the hospital. The will of Frank 11. Peavey, Minneapolis elevator king, disposes of estate estimated at $2,350,000 in hundreds of bequests, including gifts to employes and relatives. Continuation of his grnin business is provided for and $1,000,000 is put into it. Lieut. James F. Beven, Eighth artillery, was found dead iu bed at Fort Caub.v, Wash. His brains were blown out and by his side was found a revolver. It is apparently a ease of suicide, though no reason is known why he should take his life. Near Shawnee, Ivun., Carl Fishner, a farmer, shot and probably fatally wounded M rs. M ary L. Wallace. She was traveling overland in a covered wagon from Rich Hill to Custer County, Neb., with her family, and was accused of stealing corn. Clyde Moore, the 17-yenr-okl boy convicted of murder in the second degree for killing C. L. Wlltberger, a farmer, near Winfield, Kan., lßst April for his money, has been sentenced to twenty years in the penitentiary. He received the verdict with a smile. Committee of seven Cleveland bankers has taken over the Gnancial affairs of the Everett-Moore syndicate after a conference. Solvency of the syndicate is not in doubt, the action being due to the need of ready cash by the electric railway and telephone companies controlled by it. Philip Y’oder, aged 72 years, died as a retired section foreman of the Pennsylvania Railroad Company at Louisville, Ohio. It was thought that he had little property, but developments show that he left an estate of more than $30,000, some of which hud been boarded for many years. The explosion of a boiler in the basement of the Sacred Heart Institute in Duluth, Minn., resulted in a loss of several thousand dollars to the building, while seventy persons who were within at the time narrowly escaped being killed or injured. Evening devotions were in progress. The Central Congregational Church of Topeka, Kan., the pastor of which is Rev. C. M. Sheldon, was entered by vandals and badly defaced. Caricatures were drawn on the walls and furniture and books nnd other articles were destroyed. Several small articles were stolen from Mr. Sheldon's study. A strike of exceptional richness is reported from the Nisi Prius mine, near Oro, Colo.j at the head of California gulch. It is predicted the owners of the property will in a few weeks be able to take out all the money they have spent in twelve years of development aud substantial fortunes in addition. By decree of the Circuit Court In Toledo, Ohio, the estate of the late President Rutherford B. Hayes must pay to Mrs. Ademide Smith of Fremont $5,400 ns damages for the bite of a pet dog belonging to Mr. Ilayes. The case is one of the most noted iu the Ohio courts, and has been long and vigorously contested. Th»*Baloon of Joseph Deutsch In Chicago was robbed via the ice-box route. The proprietor was at supper nnd his son was watching the place when four men entered. They did not stop to buy a drink, but forced the boy into the ice box at the point of revolvers and then secured $22, the contents of the cash register. The 3-cent street railroad fare ordinance recently introduced in the Cleveland City Council at the instigation of Mayor Johnson has been passed by that body. The next step will be to bid for the new lines, which, if the program Is carried through, will add a number of new street car routes to the city’s system.
SOUTHERN.
The Theater Vondome, in Nashville, Tenn., was gutted by a fire, entailing a loss estimated at $50,000. The fire was caused by a live wire falling across the drapery on one of the boxes. The boiler of nn engine on the Central of Georgia Railway exploded at the shaps in Macon, Us., killing five men and seriously Injuring twelve others, three of whom probably will die. The feed mill and plant of Werner, Moore & Co. in Richmond, Va., burned and is a total loss. The fire was caused
by water coming in contact with lime a* a result of the overflow of tho James river. Chief Engineer John Lee and three negroes were carried through a break in the Columbus, Ga., dam while investigating flood damages. Three of the negroes, Frank Harvey, William Bussey and Matthew Dixon, were drowned. The boiler in the South Pennsylvania Oil Company’s pumping station at Harry Rhoden’s in Doddridge County, W. Va., blew up, scalding to death Harry Rhoden, a pumper for the company; Merrick Frick, who ran a string of well-cleaning tools, and Del Ash, his assistant. On account of the almost total failure of grass and the high price OfLfeedstuffa in that section of Texas, over 100 head of horses and cows have been killed in San Antonio during the last sixty days to prevent them from dying of starvation, their owners being unable to buy feed. Taking the census figures of production as a basis, it is estimated from reports of 411 correspondents that the boll weevil destroyed cotton in Texas during the past season as follows: Southwest Texas, 100,000 bales; east Texas, 7,500; central Texas, 45,000; coast district, 00,000; total, 242,500 bales. A collision of freight trains on the Texas and Pacinfic road at Keithsville, La., resulted in the death of Fireman W. J. Daniels, injury to two trainmen and the destruction of a carload of race horses being shipped from New Orleans. One racer killed was George Arnold, winner of the Christmas handicap. A duel was fought in Franklin County, Miss., between two well-known young men, C. P. Shell and Robert Thomas. Several shots were exchanged, strictly in accord with the code duello, and Thomas was wounded in the right arm. He is one of the leaders of the Thomas-Ashley feud, which has been in progress some time. O. E. Painter of Washington, l'a., en route from Beaumont, Texas, ca Lexington, Pa., became suddenly deranged on board a New Orleans and Northeastern passenger train as it was entering Meridian, Miss., nnd proceeded to clear the coach of all passengers by beating several unmercifully with his fists. He was finally restrained by the police.
FOREIGN.
Russia is accused of fomenting the recent anti-foreign outbreak in Chinn, Manchuria and Mongolia being given as the price of her Support of the dowager empress. The Boers ambushed a party of the Scots Grays near Bronkhorstspruit, about forty miles east of Pretoria on the railroad. The British casualties were six men killed and ten wounded. Pandia Ralli, the well-known magazine contributor who went to the Philippines as a volunteer and who recently was seeking his fortune in the coal fields of the islands, was murdered near Mavitoc, P. I. The British steamer Alfonso and the Spanish steamer Vilelva, both loaded with coal, collided off Aveiro, Portugal. Both vessels sunk. Eighteen men of the Alfonso and one man belonging to the Vilelva were drowned. The fact has developed that the injury sustained by Prof. Rudolph Virchow in slipping as he was alighting from a street ear in Berlin, was a fracture of the thigh bone. The professor is doing well, c6nsidering the nature of his injury. A dispatch from Kiev. European Russia, says a bomb was exploded under the balcony of the palace of the Grand Duke Constantine. A great panic followed; but nobody was injured. Nihilist students are suspected of committing the outrage. Unknown French bark collided with and sunk the Pacific coast steamer Walla Walla off Cape Mendocino and of the 144 persons on board twenty-seven are believed to have perished. The Frenchmen made no effort to assist the drowning passengers. The British admiralty has invited the Clyde shipyards to tender bids for the construction of two battleships, each of 10,500 tons, five armored first-class cruisers and two protected cruisers. The officials ask for promptness. Work on twenty warships in course of construction may be expedited. Lieut. Charles D. Rhodes of the Sixth cnvalry, accompanied by two orderlies, when within six miles of Manila, came across twenty armed insurgents in a cuartel, or barracks. The insurgents shouted “Americanos” and Lieut. Rhodes feigned a retreat. Then seeing that the insurgents were off their guard he took the cuartel in a flank and drove out the insurgents, capturing arms and ammunition. Rhodes then burned the barracks down and proceeded to Manila.
IN GENERAL.
J. Newton Nind of Chicago and C. U. Lortng of Boston are visiting furniture manufacturers of the United States, promoting a national organization for mutual protection. Prof. E. Stone Wiggins, the weather prophet, says he will take legal action to upset Mr. Marconi’s patents on wireless telegraphy. The professor alleges that Marconi has stolen his ideas. The Cuban government will be set up about March 1. The president and senators will be elected on Feb. 24 by the electors chosen at the election when members of the house of representatives were elected. Two persons have died ns a result of the severe weather near Dawson, Alaska, according to advices brought by the steamer Amur. The weather there is very stormy and the temperature has been as low as 50 degrees below zerp. Henry Patten of Albany, J. Dobson Good of New York and F. C. Smith of New York, the last named Dr. Seward Webb's secretary, are negotiating for the purchase of timber properties. They have taken over 75,000 acres at Sherbrooke and have been inspecting about 05,000 acres near the Gaspereau rtver and some 40,000 atres in Queens County, Nova Scotia. There v will be no withdrawal of American troops from Culm after the ceremony of transferring the island to the new republican government has been performed. The only actual difference in the present condition, so far as the American military occupation is concerned, will he the abandonment of the present scattered barracks and the concentration of the troops in naval and coaling stations which are to be located by treaty agreement before the new Cuban congress convenes.
COMMERCIAL AND FINANCIAL
~ 1 Now that the holidays nr* New York. 3Ver busin eßs interests are I 1 settling down to a new year of promising activity. On every side confidence is felt that 1902 will witness • continuance of prosperity. Interior trades holds in large volume and merchants manufacturers are prepared to make a harder struggle for export trade, realizing that they need that business unless they shall reduce a production which now exceeds the demands of the home market. It is too early in the year to compare any results thus fur with 1901. Figure* of bank clearings and railroad earnings for the first periods are being awaited with intense Interest. What they may show in comparison with last year will be regarded as an index of the coming year’s volume of business. The need for more railroad cars is critical. With lake navigation closed for some time the freight formerly transported lyr water is added to the already overtaxed steam roads. In no active industry does this condition hamper so much as in the iron trade. When the number of blast furnaces closed is greater than the number open, as it appears to be, simply from a lack of coke, which the railroads cannot iA?>ve because of car shortage, there is manifested a graphic byt unhappy incident of prosperity. This situation provokes spirited criticism of the railroad management by manufacturers. Officials of roads claim they are using every resource to handle the traffic and are permitting the use of freight cars which under less extraordinary circumstances would be sent to repair shops. Good as the demand for steel is, the dominant company in this industry adheres to its policy of not raising prices. Tho dullness usual at this season in iron and steel is evidently to be postponed for some weeks.
Lake eopper has been cut again, the present price being 12% cents a pound. From the quoted prices Ik- fore copper conditions became a problem this is a drop of 4% cents. Independent companies have kept just below the “trust” quotations, and conditions are thoroughly unsettled. The repeated 'reductions have schooled consumers in buying from “hand to mouth." ~ The inquiries for real esCUICaQO. tate in Chicago point to.an a ‘ improvement during the year. Especially is this interest manifest in downtown property, the future of which is assured. There are certain questions of taxation which have not been settled yet, and the purchaser of real estate does not know yet precisely what burdens be may have to carry. Nevertheless, so vast is the volume of money seeking investment that the real estate market surely will absorb a goodly portion of it. There are no indications that building activity will decrease during the year. Plans for the construction of more “skyscrapers" have been adopted or are being discussed seriously. The long suspension of building operations prior to last year gives an assurance that buildiug will not be overdone for some time to come. Therefore the men in the buildiug trades can be easy in mind as to the immediate future. As regards cereals, there were few notable changes in prices during the week. The monthly government crop bulletin showed that the condition of wheat was better than the trade hud been led to infer from reports coming from private sources. May wheat closed at 83Vi cent* on Saturday and May corn at 67*4 cents. With corn at this figure comparatively little of it will go abroad. The investment demand for stocks and bonds has lifted the prices of the best securities to a point where they possess little attractiveness to the ordinary investor. Money holds firm at 5 per cent and is in good demand at all centers. The foreign exchange market shows that another gold export movement is not improbable.
THE MARKETS
Chicago—Cattle, common to prime, $3.00 to $0.25; hogs, shipping grades, $4.25 to $6.70; sheep, fair to choice, $3.00 to $4.75; wheat, No. 2 red, 86c to 87c; corn, No. 2,63 cto G4c; oats, No. 2, 440 to 40c; rye, No. 2,66 cto 67c; hay, timothy, $9.00 to $14.00; prairie, $5.50 to $13.00; butter, choice creamery, 20c to 24c; eggs, fresh, 23c to 26c; potatoes, 71c to 80c per bushel. Indianapolis—Cattle, shipping, $3.00 to $6.50; hogs, choice light, $4.00 to $0.20; sheep, common to prime, $2.50 to $3.50; wheat, No. 2,85 cto 86c; corn, No. 2 white, new, G7c to 68c; oats, No. 2 white, 49c to 50c. St. Louis—Cattle, $4.50 to $0.50; hogs, $3.00 to $0.20; sheep, $2.50 to $3.80; wheat, No. 2,90 cto 91c; corn. No. 2, 07c to 68c; oats, No. 2,48 cto 49e; rye, No. 2,67 cto 68c. Cincinnati—Cattle, $3.00 to $5.75; hogs, $3.00 to $0.35; sheep, $2.25 to $3.25; wheat, No. 2,88 cto 89c; corn, No. 2 mixed, 08c to 09c; oats. No. 2 mixed, 48c to 49c; rye, No. 2,69 cto 70c. Detroit —Cattle, $2.50 to $5.50; hogs, $3.00 to $0.25; sheep, $2.50 to $4.00; wheat, No. 2,90 cto 91c; corn, No. 8 yellow, 05c to 00c; oats, No. 2 white, 49c to 50c; rye, GBc to 09c. Toledo—Wheat, No. 2 mixed, 89c to 01c; corn, No. 2 mixed, 65c to 60c; oats, No. 2 mixed, 47c to 48e; rye, No. 2,04 a to GGc; clover seed, prime, SO.OO. Milwaukee —Wheat, No. 2 northern, 79c to 81c; corn. No. 3,02 cto 63c; oats. No. 2 white, 48c to 49e; rye, No. 1, 070 to CBe; barley, No. 2,63 cto 64c; pork, mess, $10.95. Buffalo—Cattle, choice shipping steers, $3.00 to $0.05; hogs, fair to prime, $3.00 to $0.05; sheep, fair to choice, $2.50 t 054.25; $4.25; lambs, common to choice, $3.75 to $5.75. , New York—Cattle, $3.75 to $6.50; hogs, $3.00 to $6.00; sheep, $2.50 to $4.50) wheat, No. 2 red, 88c to 89c; corn, No. 2 70c to 71c; oats, No. 2 white, 54c to 55« butter, creamery, 22c to 25c; eggs, west* era, 25c to 33c. A new Presbyterian cbnrch, costing SIO,OOO, was dedicated at Hiawatha,. Kan.
