Jasper County Democrat, Volume 4, Number 42, Rensselaer, Jasper County, 25 January 1902 — Page 6
FARMS FOR SALE. BY Dalton Hinchman REAL ESTATE AGENT, Vernon, Ind 1 . No. 73. Fann Of 187 arte., large, new frame house of 0 orchard. 154 acres of a vtueyard of fine wine grapes. Farm mostly level with 12 acres in timber and well watered. This is a good grain or stock farm 154 miles from R. R. Station, half mile of pike road that rues to Seymour and Columbus. Price $5,000, onehalf cash, balance to suit purchaserat 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. ?4 of a mile from school, store, post-oftiee and R. R. station, a church on corner of farm, 2’4 miles of Vernon, on pile road. Price SI,BOO. SI,OOO cash, balance on short time at 8 per cent, secured by mortgage.. ——— No 270. Farm of 153 acres; 2-story frame house Of 7 rooms; large frame barn 55x00; 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, seme good saw timber; 114 miles of railroad town. Price $4,000. No. 270. Farm of 200 acres;' frame house of 5 rooms, large frame barn, ice house and other out buildings; farm is well watered, lays nice, well fenced; 3 miles east or west to railroad towns on J. M. & 1.. B. & O. S. W. or Big Four, Price S2O per acre. No. 280. F'arni of 182 acres, 3 miles from Vernon with large two story brick house of 0 roona, 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. Ex-Judge T C Batchelor, FirsrNatioiftlTOitik; Merchants: S. VV. Storey. N. DeVersy. Jacob Foebel, Thomas & Son. Wagner Bros. & Co., Nelson & Son, J. H. Maguire & Co., W. M. Naur. Herbert Goff 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, bold 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 bed four weeks with la grippe and 1 tried many remedies and spent considerable for treatment with physicians, but I received no relief until 1 tried Foley’s Honey and Tar. Two small bottes of this medicine cured me and I now usett exclusively in my family.” Take no substitutes. Sold oy 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 holo perfectly and 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 OCR 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 at G. W. Goff's. Phone 66. Prompt work. Quick Delivery. WE wish to inform our patronsand the general public that we have succeeded in getting a first class upholsterer and repair man and we are npw 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, picture framing and pasteling. We are here to stay and bound to give satisfaction. Try nnuun I V and you will see UUNNILL I that wp cnn p lense you. Work called BROS or ftn< i e^ Phone 203 A RfRWLMR M INDIANA W Wells' Hoosier Poultry Powder K.kas Hon* Lay, curs* Cbolora, Gaps* sad and k**p* | T £- Sold by A. F. Long.
JASPER COPNTY DEMOCRAT. ’ F. E. BABCOCK, Publisher. RENSSELAER, - - - INDIANA.
WEEK’S NEWS RECORD
Mrs. H. B. Holman of New York announces that her daughter Josephine had asked William Marconi, the developer of wireless, telegraphy, to release her from her engagement to marry him, and that Mr. Marconi had complied with her request. , Four men were instantly killed on the log railroad of the Lackawanna Lumber Company nt Cross Fork, Pa. The men wvre loading logs on a car when a runaway train came down .the incline road and crashed into the e;ir upon which the men were. Bishop Herman of the Western Mongolian Mission has written that Fathers Van Merhaeghe and Boilgaerfs were massacred at Pingle, Province of Kansu, by a band of soldiers and Mohammedans, who escaped across the Yellow river to the Ordos country. 'llie extensive plant of the J. 11. Rumbaugh Brick Company at Pitcairn, Pa., burned. The twelve Urge drying houses were destroyed. As the plant had been closed for a week the origin of the fire is not known. A number of tramps have been sleeping about the place. Wiley Kilis, aged 50, was shot and killed and James Nichols, aged 20, was shot four times and dangerously wounded near Keytesville, Mo., in a fight. Their quarrel, it is stated, grew out of Ellis seeking to prevent the reconciliation of Nichols' half-sister and her husband. Three men are dead and four wounded, one fatally, as the result of a gathering of hostile clans to attend a murder trial at Belleville, Texas. The man fatally wounded is the one who was to be arraigned for taking human life, while two of the killed were relatives of his first victim. Extensive prairie fines are reported on the other side of the international boundary for a distance of ten and twenty miles west of Sweet Grass hills, Mont. Practically all the range between Milk river and Leth bridge has been swept by the flames. Hundreds of tons of hay have been destroyed*. As Maj. E. F. C. Klokke, formerly county clerk of Cook County, Illinois, was within half a block of his home on Figueroa street, Los Angeles, Cal., three highwaymen stopped his progress and at the point of a revolver ordered him to throw up his hands. The robbers obtained $23 and a gold watch. The grand jury at payton, Ohio, because of lack of evidence, ignored the case of Mrs. Mary Witwcr, who was charged with poisoning her sister. Mrs. Pugh. The case attracted considerable attention last fall because of the allegation that the deaths of a number of persons were caused by Mrs. Witwer. Captain Jones of the White Star Line steamer Boric, which arrived in New York from Liverpool, reports that he passed the Anchor Liner Astoria, in latitude 44:47 degrees north, longitude 53:47 degrees west, displaying the signal “Met with accident, floating obstruction.” The Astoria made other signals, which were not seen until too late to decipher. After two years of high living at their fine residence in Fruitvale, San Francisco, Ulysses <l. Bair and his pretty young wife have been placed in jail on the charge of counterfeiting. At their fcouse was found a complete counterfeiting outfit and spurious coin of the face value of S7O, said to be the best imitation of genuine coin ever seen there. It is charged that Bair and his wife have put in circulation thousands of counterfeit dollars in the last two years. Bair frequented the race tracks and admits having won thousands of good dollars through the medium of his bad ones.
NEWS NUGGETS.
Alfonso XIII. will be crowned King of Spain at Madrid on May 17, on his sixteenth birthday. Clem Buchter hns been sentenced to life imprisonment at Louisville for murdering his daughter. Albert Garth, a negro, who killed Minnie Woods, n negress, in Kansas City, on Dec. 22, 1809, was hanged at the county jail. Garth was a laborer and was 20 years old. Three workmen employed by the Pond Construction Company at Bedford, Ohio, attempted to thaw out fifty sticks of dynamite. An explosion followed which killed one man and fatally injured two. In Cleveland the Circuit Court dismissed the appeal of M. I*. Mooney, representing the parochial schools of the Catholic Church in that city, -who sought to restrain the distribution of free books to public school pupils. Two nrmed Armenian bands have appeared at Sandjak, in the Mush district of Asiatic Turkey. In an encounter between the Armenians and a detachment of Turkish troops the latter lost an otttcer and two men killed. News has been received that a riot broke out on the Pacific Steam Navigation Company’s steamer Columbia at Panama, and that several members of the crew were perhaps fatally, or at least dangerously, wounded. After an extensive search of the academic field the board of trustees of Northwestern University at Evanston, 111., have elected Prof. Edmund J. James, now of the University of Chicago, to the presidency of the institution. The executive committee of th > Kansas G. A. It. ordered Martin Norton, the department commander, to vacate his ofib-s at once. The committee had been investigating charges preferred against Norton ami sustained them in every particular. Samuel Mather of Cleveland, who has given thousands to the Lakeside hospital of that city, has offered another donation of $40,000. Camilla Urao, who in private life was Mrs. Frederic Leurc, for many years a violinist famous in Europe and America, died at the New York infirmary after a brief illness. Wessels’ command of Boers cut up a patrol of fifty men belonging to the local town guard of Crndock, Cape C dotty, ou the Tarkastad read. A few stragglers have returned. The remainder of th« party are missing.
EASTERN.
Bernard E. Brown, a jeweler, was murflered in his store at Rochester, N. Y. Three letters have been received by Gov. Odell of New York threatening him with assassination. A transfer money pouch, containing probably SI,OOO, was stolen from the Adams Express depot office at Hartford, Conn. Michael and John Fisher, brothers, were suffocated by gas while at work in the blast furnace of the Tidewater Steel Company at Chester, Pa. « A farmer and wife living near New York have received a legacy of $5,000 from a man whom, as a hungry wanderer, they befriended sixteen years ago. The business portion of Edinboro, Pa., was swept by fire the other night, several Important business buildings being destroyed. The damage amounts to about $35,000. The town was entirely without fire protection. _ Mrs. Honora Sweeney of Saratoga Springs, N. Y„ aged 55 years, fell dead at the funeral of her husband, Jeremiah Sweeney. The service was stopped and a joint funeral of husband and wife whs held the next day. That cancer can successfully be treated by means of the X-ray has again been demonstrated by Dr. C. E. Skinner in New Haven, Conn., who has just cured L. S. Manville after a course of treatment of five weeks’ duration. There was an explosion of gas at Maple Hill colliery, near Gilberton, Pa. Two miners are missing and probably dead and two others were injured. A naked lamp in the hands of one of the missing men ignited a pocket of gas while making an investigation. In a statement made to the selectmen of Wellesley, Mass., former Town Treasurer Albert Jennings, who was arrested on a charge of forging a note for $5,000, admits that he is guilty both of forgery and embezzlement and that the amount involved is $25,000. ' ‘ George Kline, accused of the murder of his mother-in-law, Mrs. Caroline Klein, was acquitted in Baltimore, Md., on the ground of insanity. Klein knocked the woman down and kicked her to death because she threatened to have him arrested for abusive language. It now appears that an important reason why the banks in a recent week showed only half as large an increase in cash as the known movements seemed to indicate is that considerable amounts had been lodged in Jersey City to cover the day when personal property was declared in New York City. Postmaster Richard Barber of Hallstead, Pa., is dead as a result of handling mail that contained the germs of smallpox. This is the opinion of local physicians. Postmaster Barber is believed to have contracted the contagion by handling mail which came from an infected town and had escaped fumigation. What is pronounced to be a meteorite has been picked up at Field Point Park, Greenwich, Conn., by Walter Freitag. It is almost heart shaped, eighteen inches across and eight inches thick. It looks like a conglomeration of iron and cobbles, the stones being imbedded so deeply in the metal that they can hardly be released by using a cold chisel.
WESTERN.
Harry Hagemeyer and Charles Berger, laborers at the Proctor & Gamble soap works at Cincinnati, were asphyxiated in an oil tank. Thomas Mills and Henry Grenfeldt were killed by the premature explosion of dynamite in the Wabash mine near Custer, S. D. The roller mill at Sprague Lake, Wash., owned by the Centennial Milling Company, has been destroyed by fire Loss $60,000. Frank Kendall’s lumber yard and dry kilns, with 4,000,000 feet of iumber, were burned at Kedrou, Ark. Loss $50,000, with no insurance. The entire business portion of Arapahoe, the county seat of Custer County, Oklahoma, was wiped out by fire. The loss is estimated at $50,000. Former Policeman George Vena was found in the outskirts of Maumee, Ohio, dying from a stab wound and expired without regaining consciousness. Ernest Hutchens, 15 years old, shot himself through the head with a revolver at his home, north of Green Springs, O. The cause for his suicide is a mystery. A first mortgage of $5,500,000 has been filed in the records office of Randolph County by the St. Louis Valley Railroad Company in favor of the St. Louis Trust Company. R. L. Spears’ house at Harmony, Ohio, was burned and his 2-year-old child perished in the flames. The father was badly burned while rescuing three other children. That to have smallpox is a crime because of the possibility of preventing it by vaccination is declared by Dr. H. M. Bracken, secretary of the Minnesota Board of Health. Eleven prisoners, headed by a counterfeiter named Moriarity, escaped from the federal prison at McNeils, Tacoma, Wash., by burrowing through a cement floor into the air pipes. Application for a receiver for the Cincinnati Safe and Lock Company has been made by a majority of the stockholders. They place the assets at $42,798 and the liabilities at $109,000. Samuel F. Hawley, aged 39, an attorney of Chicago, shot and killed himself at the home of bis brother, E. W. Hawley, in St. Louis. Grip, added to other complications, rendered him despondent. Thomas Redmond, nged 17, recently convicted of murder in the second degree at Kansas City for having stabbed to death Thomas Scruggs, has been sentenced to twenty-live years in the penitentiary. At Milton. N. D., Mrs. Lars Hanson was burned to death while starting a fire with kerosene. Her sister, Miss Lottie Doty of Chicago, who was visiting her, wont to her rescue, and was burned ao badly that she died. Mrs. Dorothy Hoffman, 80 years of nge, was burned to death at her home in Ironton, Ohio. She walked near an open grata lire and het- dress ignited. Being alone and unaided, she was fatally burned, living but a short time. Mrs. Carrie Nation, nt Topeka, Kap., while flourishing a large hatchet which she received ns a present from an Eastern manufacturing firm, dropped it and the keen edge of the Instrument severed the large toe of her right foot. In Cincinnati Aunie Lage, a servant
sirl, murdered the 5-year-old son of William H. Whitaker by hanging and then attempted to commit suicide by asphyxiation. It la probable that she will die without regaining consciousness. Cashier Philip 8. Adams and $4,500 disappeared Monday, and later Chief George D. Carstarphen of the State banking department closed the Commercial Bank at Fulton, Mo., taking charge at the request of the president. Fire in the ticket office of the Union station, Canal and West Adams streets, Chicago, imperiled sixty railway employes, caused a panic among 200 patrons of the roads in the big waiting room and wrecked $12,000 worth of property. Herbert H. Matteson, cashier of the First National Bank of Great Falls, Mont., was arrested by Deputy United States Marshal C. I’’. Gage on a charge of embezzlement. Matteson is charged with having misappropriated $25,000. The Michigan Buggy Company’s fourstory brick factory burned in Kalamazoo. Loss SIOO,OOO, about half covered by insurance. The company is now erecting a large new factory in Manufacturing Park in the south part of the city. Missouri Democrats will hold a convention at Springfield July 8 to nominate three candidates for judges of the Supreme Court, and one at St. Joseph July 22 to name candidates for railroad commissioners and superintendent of schools. In a rear-end collision between Chicago Great Western and Grand Island freight trains at Bee Creek Junction, Mo., Fireman George W. Miller of the Great Western was crushed to death. Others of the train crews were slightly injured. In Los Angeles, Cal., the Rees & Wirsching block was almost totally destroyed by fire, together with the saddlery establishment of the Hayden & Lewis Company and the coffee and spice house of Newmark Brothers. Loss $150,000. West-bound Missouri Pacific passenger train No. 3 ran into an east-bound freight train a mile east of Etlah, Mo. Many cars were smashed. Only one person was injured. Judge Elijah Robinson of Kansas City, who eseaped with severe bruises. Sixty guards, armed with rifles, fought n desperate battle with robbers in the Independence gold mine at Cripple Creek, Colo. The fight took place 400 feet below ground, and in absolute darkness. One guard was wounded and the robbers escaped. The saloonkeepers of Toledo. Ohio, held a meeting recently, at which a resolution was unanimously adopted requesting proprietors and bartenders hot to use profane language in their saloons and to post notices forbidding patrons to swear on the premises. H. H. Kohlsaat retired from editorial control of the Chicago Record-Herald. Frank B. Noyes, who has been in charge of the business of the paper since the consolidation of the Record and TimesHerald last April, now takes full control of the property. Henry Coffee and his son, both discharged employes of the Southern Missouri and Arkansas Railroad, were caught setting fire to the depot at Poplar Bluff, Mo. They confessed to setting the fires which destroyed the company’s rolling stock recently. Four miners were killed, one dangerously hurt and a number of others seriously injured by a cave-in at the Ada mine, located at Carterville, Mo. Others were hurt, but their injuries are not serious. The accident was caused by the premature explosion of dynamite. The center span of the West Washington street bridge crossing White river in Indianapolis succumbed to the weight of a work train consisting of two trolley cars and four teams. Twelve workmen were precipitated into the river, but all were rescued alive. Four were injured. Jessie Wilson at Santa Monica, Cal., fished from the Pacific a bottle containing a message which came from central Illinois, around Cape Horn. The message was written by Walter Roeder of Bloomington 111., and after being inclosed in a bottle, was thrown into the Mackinaw river.
The show window of William Fink's jewelry store, on Main, near Fifteenth street, Cincinnati, was broken while the street was crowded and a tray containing sixty diamond rings valued at $2,500 was stolen. The robbers escaped after firing several shots at Mr. Fink, who pursued theta. The sound steamer Fairhaven, operating between Seattle, Wash., Laconner and way ports, struck a rock or reef a short distance from Utsaladdy during a fog and soon after sank in ten feet of water. The passengers and crew all succeeded in reaching the lifeboats in safety. Chief Justice Burford of Oklahoma has issued an order stating that if there be only one colored child of school age in a school district the authorities must provide a separate school house and teacher. This order takes in the entire territory and will prove very expensive to the various counties. The Pere Marquette Railway Company's steamer No. 3 struck the bar at the mouth of the Ludington, Mich., harbor, and was scuttled in nine feet of water. The nine passengers and thirtyfive members of the crew were taken off by the life-saving crew with their breeches buoy. Frank C. Youmans, arrested in Detroit two months ago ou a charge of embezzling $4,411 from the Traders’ Bank of Kansas City, Mo., was, discharged for lack of evidence. He was rearrested and arraigned on the charge of obtaining money under false pretenses. He pleaded not guilty and gave bond. Rev. Father Krninhnrdt, 62 years old, for thirty years pastor of a German Roman Catholic Church at Jonesville, Mo., wns found dead in his room at the Alexian Brothers’ hospital in St. Louis. He had hanged himself by means of a rope made from his sheets which he bad tied to the transom above the door. Nelson Morris, the Chicago packer, through his confidential agent, Joseph H. Agnew, has purchased a big meat warehouse in the west bottoms formerly occupied by the Cudahy Company as a market, at Kansas City. It Is stated that this is the first step of the Chicago packer to establish n plant in Kansas City. A suit in attachment was filed by A. A. Taquin, a Parisian banker, against Miss Evans of Cincinnati, aunt of the Duchess of Manchester, for 2,860 francs ($372). The suit is on a draft drawn on herself. March 4, 1898, and not paid. The real estate of Miss Evans is attached. It is said the money obtained on the draft was used for expeuscs connected with the
i 1 1 wedding of Miss Zimmerman and the Duke of Manchester. A south-bound Kansas City Southern passenger train was held up half a mile uorth of Spiro, Ok., by seven masked men. The express and mail car were entered. The local safe in the express car was opened, but nothing secured from it. The robbers tried to open the through safe, but failed. Then they rifled the mail car.
SOUTHERN.
In Natchez, Miss., Thomas Glenn shot and killed Allen D..Carpnter, brother of J. N. Carpenter, one of the wealthiest men in that part of the State. The shooting occurred over a trivial dispute. An application for a temporary receiver has” been filed by the directors of the Commercial Bank of Albany, Ga. The liabilities of the bank are estimated at $123,000, with assets of $191,000. In the federal court at Louisville, Ky., J. M. McKnight, former president of the defunct German National Bank of that City, who was convicted of embezzling the bank’s funds, was sentenced to the penitentiary for six years and was fined $lO. In a fight near Taylorsville, Ky., Thos. Jewell shot and killed Nathan Bruner and his son John, and slightly wounded David Bruner, another son. Jewell says the Bruners, with a man named Price, attacked him and he was forced to shoot in self-defense. Au attempt to wreck an cast-bound passenger train on the Southern Railway near Wautauga, Tenn., was almost successful. Some one placed a spike in the joint between the rails and the engine of a train carrying forty passengers left the track. No one ou the train was hurt. Two negro miners were killed aud eight others injured, one of them probably fatally, in an accident nt the mines of the Cumberland Coal and Coke Company at Millstone, Tenn. They were riding on one of the company’s level cars, and while going down hill crashed into a train of empty cars. J. W. Martin, a Knoxville, Tenn., postoffice clerk, was injured by the explosion of a package of powder or an infernal machine. He was stamping letters and packages, when a package addressed to a hardware house exploded as he struck it with the stamp. Examination showed on it the name of a New York smokeless powder concern.
FOREIGN.
Sir Ellis Ashmead Bartlett died in London, the result of an operation for appendicitis. The Duke of Abruzzi may be sent as special commissioner from Italy to the St. Louis exposition. A wall of the Smithfield flax mills, in Belfast, Ireland, collapsed, burying the operatives, who included many women. Twenty-two persons were drowned in the sinking of the Norwegian bark Arab Steed, London for Christiania, in the North Sea. The explosion of the boiler of a spinning mill near Manresa destro.ved half the village of Puente de Vilumara, Spain. It is estimated that sixty persons were killed and 100 injured. Colombian insurgents surprised the government forces in the harbor of Panama, burned and sunk the Lautaro, killed Gen. Alban and many of his followers and scattered the survivors. A Belgrade correspondent telegraphs that King Alexander of Servia has requested the metropolitan of the Greek Church to arrange a divorce for him from Queen Draga. Gen. Laza, a lawyer named Markich and three other residents df Belgrade are named as corespondents. At the opening of Parliament by King Edward public interest was centered in the two leading issues of the nation—the Boer war and the Irish question. The King's speech from the throne defended the conduct of the war, and despite reports of cruelties by the British soldiers praised their treatment of the Boers.
IN GENERAL.
The isthmian canal commission has sent to President Roosevelt unanimous report in favor of accepting $40,000,000 Panama offer. The transport Kilpatrick has sailed from San Francisco for Manila with 700 recruits for the army and a marine corps detachment of 100 men. Four men were badly hurt by the collapse of a section of concrete floor in a new hotel being built at Toronto. James Spencer, one of the injured, may die. United States is preparing to demand indemnity from Bulgaria and Turkey for the abduction of Miss Stone. United States European squadron is on its way to the Levant. The consolidation of the net and twine mills of the country i< practically complete. All twine will be made in one mill, probably near the cotton belt, all other mills to be discontinued. Religious statistics for 1901 show that the gain in church membership in the United States during the year was 2.67 per cent, while the total gain in population was only 2.18 per cent. The price war in the window glass trade is practically on. The effort to reconcile the differences existing between the three combines—The American, the Co-opera-tives, and the Independents—has been defeated! King Christian of Denmark has created Charles Earl Currie of Louisville a Knight of Donneborg in appreciation of Mr. Currie’s efforts to promote trade relations between Denmark and the United States. Fire in Montreal damaged the Royal Electric Light Company's works and adjoining buildings to the extent of $50,000. With the aid of temporary repairs it is promised that the city lighting will not be materially affected. Charles H. Pattison and John A. Parks of the Kansas creamery trust have swung the deal they have been working on for the organization of a gigantic trust to take in all the large creameries of the country. The new corporation is to be known as the National Creamery Company nud will have a capital of SIB,OOO- - One of- the most terrible catastrophes In the history of tha State of Guerrero, Mexico, is reported to have occurred when an extremely violent earthquake shock was felt at Chilpnnclngo, causing a great loss of life and injuring tnnuy persons. Details from the stricken district are very meager, bet scattering reports indicate that probably 300 persona were killed and as msny more injured.
COMMERCIAL AND FINANCIAL
r— The volume of business so Ngw York far this ycar shows a mod ‘ Lr*“ u "derate gain over the corresponding period of last year. Net earnings of fifty-two roads for th<> first week in January increased 9.46 per cent over the corresponding week of last year, and the showing by bank clearings is almost equally good. One of the best evidences of a solid coridition of business is the soundness of __ banking communities generally. The troubles of the Everett-Moore syndicate and the Crude Rubber Company are causing" bankers everywhere to scan more closely the character of the securities on which they make loans, so as to guard against disaster. Less complaint is beard regarding car shortage, and the railroads probably are beginning to catch up on business offered. The reports from the various branches of the iron and steel industry fulfill the expectations of thriving business, and it is singular to see that foreign steel and iron in fair quantities have been imported for Eastern consumers. German steel billets have been delivered at Youngstown at a cost to the purchasers of $27.50 a tqn. This illustrates not merely the inability of the American manufacturers to supply Anmediately all kinds of steel which are needed, but also the readiness of the German steel men to accept a low price for their product. The duty paid on these billets was $0.72 a ton. As anticipated, the American Steel and Wire Company made an agreement with the independent manufacturers, and the result is an advance of $1 a ton in the price of wire, while wire nails have been put up to $2.05 a keg. The price of pig iron, the demand for which is maintained firmly, has not been changed. A different story is told in copper, two cuts reducing the trust quotation for lake to 11% cents a pound, while sales are reported at 11 cents. This is a great reduction from 17 cents, at which the Amalgamated company’s selling agency endeavored to support this metal. Foreign demand, however, is at last stimulated, and exports during the first half of this month improved considerably.
“I The continued activity in CuiCdQO. building and the belief that tensive scale during this year will keep structural mills well occupied. The steady buying of down-town property in Chicago for investment purposes is centering it in strong hands, and the improvements which will come with this process will enhance the value of real estate in the business district. The unchanged mild weather has helped builders to make rapid progress with the work, winch storms and bitter cold would have delayed. The second failure of Phillips precipitated liquidation of large holdings of grains and depression by manipulation, and was accompanied by apprehensions of allied failures. None have occurred. In the decline which came with the collapse in rye, May wheat dropped to 78% cents, as against a high price of 84% cents in the previous week, but it recovered from die low point and -closed at 81 cents, a loss of 1% cents on the week’s movement. May corn closed at 64%c to 64%c, against 65% cents in the previous week. Cotton continues weak, while estimates of the crop vary widely. One statistician places it at 11,250,000 bales, which is 1,486,000 above the government report. Money rates are easier, both in this country and Europe. The Imperial Bank of Germany, which has kept its rate at 4 per cent since last May, reduced it to 3%. Gold production in the Rand in December increased 25 per cent over November, and further improvement in this output will help the situation abroad. The stock market is quiet, waiting on the action of the United States Supreme Court on the Northern Securities case.
THE MARKETS
Chicago—Cattle, common to prime. $3.50 to $6.50; hogs, shippiug grades, $4,25 to C. 55; sheep, fair to choice, $3.00 to $4.75; wheat, No. 2 red, 84c to 85c; corn. No. 2,59 cto 60c; oats, No. 2,43 c to 44c; rye. No. 2,61 cto 62c; hay, timothy, $9.00 to $13.50; prairie, $5.50 to $12.50; butter, choice creamery, 20e to 23c; eggs, fresh, 21c to 23c; potatoes, 71c to 76c per bushel. Indianapolis—Cattle, shipping, $3.00 to $6.50; hogs, choice light, $4.00 to $6.00; sheep, common to prime, $2.50 to $3.50; wheat, No. 2,87 cto 88c; corn, No. 2 white, new, 63c to 64c; oats, No. 2 white, 48c to 49c. St. Louis —Cattle, $4.50 to $6.30; hogs, $3.00 to $6.25; sheep, $2.50 to $4 50; wheat, No. 2,85 cto 86c; corn, No. 2. 64c to Gsc; oats, No. 2,46 cto 47c; rye, No. 2,65 cto 66c. Cincinnati—Cattle, $3.00 to $5.75; hogs, $3.00 to $6.35; sheep, $2.25 to $3.75; wheat, No. 2,90 cto 91c; corn, No. 2 mixed, G6c to 67c; oats, No. 2 mixed, 48c to 4 Pc; rye, No. 2,69 cto 70c. Detroit —Cattle, $2.50 to $5.50; hogs, $3.00 to $6.20; sheep. $2.50 to $4.00; wheat, No. 2,88 cto 89c; corn, No. 3 yellow, G2c to 63c; oats, No. 2 white, 48c to 49c; rye, 64c to 05c. Toledo—Wheat, No. 2 mixed, 86c to 88c; corn, No. 2 mixed, 61c to <K2c; oats, No. 2 mixed, 46c to 47c; rye. No. 2,52 c to 53c; clover seed, prime, $5.95. Milwaukee —Wheat, No. 2 northern, 75c to 76c J corn, No. 3,59 cto 60c; oats, No. 2 white, 46c to 47c; rye, No. 1,63 c to 64c; barley, No. 2,63 cto 64c; pork, mesa, $16.77. Buffalo—Cattle, choice shipping steers, $3.00 to $6.75; hogs, fair to prime, $3.00 to $6.75; sheep, fair to choice, $2.50 to $4.50; lambs, commofi to choice, $3.75 to $5.90. New Ye.rk —Cattle, $3.75 to $6.15; hogs. $3.00 to $6.50; sheep, $2.50 to $4.40; wheat, No. 2 red, 86c to 87c; corn, No. 2, 66c to 67c; oats, No. 2 white, 52c to 53c; butter, creamery, 22c to 23c; eggs, western, 25c to 28c. Admiral and Mrs. Dewey have gone to Florida to spend the winter on account of the latter's health.
