Richmond Palladium (Daily), 26 February 1906 — Page 6

PAOE BIZ.

iHE hoiking palladium Monday, February 26, 1906.

GENERAL DRIFT IS DOWNWARD

SPECULATION ON THE STOCK EXCHANGE SHOWS SIGNS OF FATIGUE. CROP OUTLOOK liOTTHE BEST Winter Has Baen Such as to Injure Crops in Northwest Foreign Trade Is Tremendous. New York, Feb. 25. Speculation on the Stock Exchange continues to show signs of fatigue. Values strengthened temporarily at times, owing to the covering operations of an increasing short interest, bbu the general drift of the market remains downwards. The reasons ar ethe same as already advanced, namely, I the overdiscounting of all bullish in-, fluences, the great increase in new securities and the scarcity or ad-J vancing tendency of money. The . multiplication of new securities is going on at a rapid pace and further large amounts are probably forthcoming. j. nis process, ii ivug cumiuucu i will produce more or less congestion j mi ;u I i! .1 m the financial markets. Then our.leal monetary outlook is still unsatisfactory. Bank reserves are low, and not being strengthened by the usual influx of funds from the interior, because business activity in that region interferes. Large sums are still locked up in speculative ventures, and stringency here has forced the making of large loans abroad. There is no cure for the present situation except further liquidation, and any attempt to carry on the upward movement under existing conditions will inevitably lead to difficulty. Another influence upon the stock market, which has not yet received the consideration to which it is entitled, is the spread of the fever for investigation. Both State and National legislatures are becoming actively interested in this movement; instigated, of course, by corporate abuses which have incensed public opinion and resulted in the present fever for investigation committees. Quite a number of captains of industry and finance are in, consequence, placing themselves beyond reach of the process server, the result being to check speculative operations and create a feeling of timidity among inside operators. ' It is unnecessary to say that the political effect of these investigations will be more or less disturbing; since they provide material for more or less sensational disclosures, stimulate the anti-monopoly entiment and materially strengthen the tendency toward Socialistic theories. These symptoms have not yet exerted their effect on Wall Street, being for the present entirely overbalanced by the continuance of business activity. Later on they may receive more serious consideration. The Armstrong insurance report is certainly not a bull argument on stocks. It means that hereafter these powerful institutions cannot be depended upon in support of stock or bond syndicates; and the limitations which are likely to be placed upon their investments will also have some effect upon values, strengthening issues which are favored and weakening those discriminated against. Of the latter class several hundred millions will have to be sold during the next five years so that these recommendations if carried out will cause a very considerable shifting of in vestments. Attention is now being given to the crop outlook, and advices from the Northwest are not entirely satisfactory. The winter has been a mild one throughout the wheat belt, but the light snow fall and the absence of the usual quantity of moisture have had a more or less injurious ef feet upon the crop. This year the harvest will be watched with unusual interest, since it may become a turning point in business progress. There ar many s:ns of approaching reaction, md rnly sr- prone ?i iced di-av-VocU 8u?h as a nop faiL,.e is iitedec 10 chancre the current. It i too enrly, however, to feel any uneasiness in this respect; and later on J.c heavy expenditures for new railroads and other construftfve p.uioses suggested by recent larpo brnd issues will prove a supporting influence in business. Cv.r foreign trade is running into tremendous proportions and in Jan-

uary the total imports reached 106 millions the heaviest January on record and the second largest month in our history. - During the same months our exports were over 170 millions, also the largest January record and third largest month in our history. Here was an excess of exports over imporths amounting to 64 millions this year, compared with 25 millions last year. This export expansion, ( of course, is eminently satisfactory, as it tends to diminish our indebtedness abroad and to make it easier for our bankers to place loans in the foreign market. If Europe shows a disposition to purchase our bond issues more freely, as is very probable if prices are made attractive, this too, is a matter which would partially relieve monetary presure in this market. For the present we continue to advise caution in making investments. HENRY CLEWS.

Chicago Grain and Provisions. (Furnished by 0. G. Murray.) open close. Wheat. May 82 8238 July 813,4 81 Corn. May 4338 43 July 43 44 Oats. May 3038 30V2 July 29 29 Pork. July $15.22 $15.10 May 15.65 15.45 Lard. July 7.87 7.80 May 7.82 7.77 Ribs. July 8.27 8.20 May 8.25 8.17 Chicago Livestock. Receipts Hogs 15,000. Left over, 4,230. Prospects, 5c higher. Light, $6.056.27i2- Mixed, $6.10 (7?6.35. Heavy, $6.106.35. Rough, $6.106.15. Cattle 300; unchanged. Sheep 1,500; unchanged. LOCAL MARKETS COUNTRY PRODUCE. . (Paid by the Bee Hive Grocery.) Butter. Creamery, 23c to 27c Country. 15c to 20c Eggs. Country, per dozen 17c Poultry, Per Lb. Chickens, dressed, 12y2c Turkeys, dressed, 18c to 20c Ducks, dressed 16c to 17c PROVISION RETAIL PRICES. (Furnished by Bee Hive Grocery.) Fruits. Dates, per lb., 10c Lemons, doz., 30c Apples, per bu., $1.80 to $2.25 Cal. Oranges, doz., 25c to 60c Cranberries, per qt., 20c Figs, per lb., 20c Bananas, doz., 15c to 20c Maraga Grapes, lb., .20c Grape Fruit, each 15c Strawberries, per qt 75t Vegetables. Radishes, per bunch 05c Cabbage, per lb., 3c Lettuce, per lb., .20c Head lettuce, per head 10c Spinach, per lb., 10c Cal. Celery, bunch, 10c 3 bunches, 25c Cucumbers, each, 20c Egg Plant, 15c to 20c Tomatoes, each be Green Beans, per 4 P., 25c Potatoes. Jersey Sweets, per pk., 50c Common, per bu., 75e Flour. Pancake, per pkg., 10c Buckwheat, per pkg., 10c Popcorn. On cob, per lb., 5c Shelled, per lb., 10c Miscellaneous. Cale, per pk., ,10c Maple Syrup, per gal., $1.25 Extra Fine, per gal., $1.40 Honey, per lb., 22 Maple Sugar, per lb., J.5 CUm Chowder, per can, 25 WAGON MARKET. (Paid by H. J. Ridge & Son.) Corn. New Corn, 35 to 38c J, 56 lbs., 50c Shelled, 55c Hay. rthy, new baled, ..$9.00 to $9.50 I , $8.00 to 9ft0 LVi led $8.01 Clover. Baled, $7.00 Loose, $&co Seed, per bu., .$G.0 to $8.00 Oats. New oats per bu., 25c to 28e S'aeaf osts, . . . Sc t& ldc Wkeat. Wheat, 68 lbs 70c to $1.15

Miscellaneous. Rye, per bu., '..50c to COc Straw, baled ,per ton, .$4.50 to $5.00 Millet, .$6.00 to $S.OO RETAIL MEATS. (Furnished by Hadley Meat Market.) Roast Pork, per lb.,....124c to 15c Veal, per lb., 10 e to 20e Beefsteak, per lb., . ....T24c to 15c Fresh Pork, per lb., ....10 c to 15e Chuek Roast, per lb.., 10c Beef to boil, per lb., 6e to 15c Pork chops, per lb., 12e Fish, per lb., 15c lichmond Livestock. Hogs, top, heavy, $5.60 to $5.75 per hundred. Hcy, 400 lbs., common and rough, $5.50 to $5.60 per hundred. Hogs, 200 and 250 lbs average $6.00 to $6.10 per hundred. ' Choice butcher steers, $4.35 to $4.50 per hundred. Lambs, $5.50 to $6 per hundred. alves $6.00 to $6-50 per hundred.

The Irish Rain. I must allow that it sometimes rains lii Ireland, but Irish rain is not quite like other rain. It is, as a rule, softer than rain elsewhere, and if the truth must be told I like rain so long as one has not to say, "For the rain it rainetb every day." Irish weather is not so much capricious as coquettish. It likes to plague you, if but to prepare you to enjoy the more its sunny, melting mood. It will weep and wail all night, and, lo, the next morning Ireland is one sweet smile and seems to say: "Is it raining I was yesterday? Ah, then, I'll rain no more." And the runnels leap and laugh, and the pastures and very stone walls glisten; the larks carol on their celestial journey; there is a pungent, healthy smell of drying peat; the mountains are all dimpled with the joy of life and sunshine; the lake lies perfectly still, content to reflect the overhanging face of heaven, and just won't your honor buy the stoutest pair of homemade hose from a barefooted, bareheaded daughter of dethroned kings with eyes like dewdrops and a voice that would charm the coin out of the most churlish purse? If on such mornings as these you do not lose your heart to Ire land it must be made of stern, unim pressionable stuff Indeed. Blackwood's Magazine. Charles Lamb and Tobacco. Charles Lamb, according to his own confession, was "a fierce smoker of to bacco." One day when puffing vigor ously the coarsest weed from a long clay pipe in company with Dr. Tarr the latter asked him how he managed to acquire this "prodigious power." By toiling after it, as some men toil after virtue," was the prompt reply. As he advanced in years, however, "Ella" was obliged to relax his intima cy with the weed, so that, to use his own words, he was "like a burnt out volcano emitting now and then only a casual puff." Eventually he took his formal leave In a "Farewell Ode to To bacco," and in forwarding a copy of the poem to Wordsworth he writes, "I have had it In my head to do it these two years, but tobacco stood In Its own light when It gave me headaches that prevented me singing its praises." A Capful of Wind. The origin of the phrase, "A capful of wind," can be traced to a Norse king, Eric VI., who died in 907 A. D. He was credited with the useful power of directing the wind to blow where he wished by the simple method of turn ing his cap to that point of the com pass. Ills powers were much appreci ated and trusted and resulted in his being known as "windy cap." There is no evidence as to whether he could reg ulate the force of the wind as well as the direction. Presumably he could, or his faithful believers would not have been so many. A "bagful of wind" Is another common expression and indicates something like a gale. This has been traced down to the classical legend of Aeolus and his captive winds confined in bags. Tliere Wai Cause. "Have you fastened the windows, dear?" she asked as they were about to retire for the night. "No. What's the use? I gave you the last dollar T l?r.d to bur that hat. and we need not fear burglars." "But they might t,lL Cowix on my hat, you know." It is a wise rn too knows h!s own business, and it is a wiser one who thoroughly attends to it. Waylaud. Ilia Mimiion. Skrawlcr I've seen Saippem, the tailor, jroin.t: up to your studio every day for a week. 13 he sitting for you? Dauber No. He's laying for me. Cleveland Leader. He XepJed the Money. "But is an operation absolutely necessary, doctor?" "Certainly! I've got to have a vacation ntit month." Smjft Set. A ilystery Zoned. "How to keep oft periodic attacks of biliousness and habitual coiPtipatiou was a mystery thrt Dr. King's New Life Pills wKd for mc," write John N. Pleasant, of Magnolia, Ind. The only pills that are guaranteed to give perfect satisfaction to everybody or money refunded. Ouly 25c at A. G. Lnkcn & Co. 's drug store.

'.?St

STATE REPORT

FOR JANUARY BRONCHITIS AND TONSJUTIS WERE THE MOST PREVALENT DISEASES. DEATHS SHOW A DECREASE There Were Not So Many Deaths as During Same Time in the Year 1905. The bulletin of the State Board of Health for January, in regard to disease and death in that month, says; Bronchitis and tonsihtis, as in the November and December preceding, were the most prevalent diseases, Pneumonia was the fourth most prevalent disease, but in December it was third. Scarlet fever prevailed to a greater extent than in the preceding month and was fifth in the order of prevalence. Allen county had an epidemic of small pox 52 cases being reported during the month. Sore throats, colds and mild scarlatina were generally reported. Typhoid fever prevailed in Clark county ten cases were reported in Jeffersonville alone. All but 27 counties reported typhoid fever present. The deaths numbered 2,99S, which was 411 fewer than in January of last year. The cities reported 1,357 deaths, a rate of 16.5 per 1,000, and the country 1,641 deaths, a rate of 11.5. Of the total number of deaths 405 were under one year of age and 794 were C5 and over. By certain diseases the deaths were: Consumption, 419; typhoid fever, 35; diphtheria, 32; scarlet fever, 8; measles, 3; Avliooping cough, 14; pneumonia, 415; diarrlioeal diseases under five years of a?e, 21; cerebro spinal meningitis, 3S; influenza, 45; puerperal fever, 11; cancer, 113; violence, 122. The death rates of the cities over 25,000 inhabitants were: Indianapolis, 17.3 ; Evansville, 15.3 ; Ft. Wayne, 12.9; South Bend, 15; Terre Haute, 20:4; Muncie, 12.5. CITY ADVERTISEMENT. Department of Public Works. Office of the Board. Richmond, Ind. Notice to Contractors. Notice is hereby given by the Board of Public Works of the City of Richmond, Ind., that sealed proposals Avill be received by it, at its office, at the hour of 10 o'clock, a. m., on Wednesday, March 7th, 1906, for the following described public improvements in the City of Richmond: The improvement of the grounds about the Number Four Hose House, consisting of the construction of cement roadways and cement sidewalks and cement curbing. All work done in the making of said described public improvements, shall be in accordance with the terms and conditions o fthe dettails, plans, profiles, drawings and specifications which are on file and may be seen in the office of said Board of Public Works of the City of Richmond. The bidders, in submitting proposals to make said described public improvements, must accompany each bid with a certified cheek in the sum of $100.00, as evidence of good faith that the successful bidders will execute, within ten days from the acceptance of proposals, contracts and bonds satisfactory to the said Board to do the work of making said improvements. A failure of the suc cessful bidders to enter into such contracts and bonds upon the ac ceptance of such proposals will for feit the checks an dthe sums of mon ey payable thereon to the city as agreed and liquidated damages for such failure. The Board of Public Works re seivos the right to reject any or all bids. JOS. P. ZELLER, JOHN P. DAVENPORT, WILLIAM II. ROSA, B"ard of P-iMic WorVe. feb26-mar5 Harr-ii pliysies react, weaken tlia bowels, ,n s chronic constipation. Doan's P, ralets operate easily, tone t!? stomah. cure constipation. 25e. AiL your cruggist for ihem.

j offer for investment a W municipal bonda.

These bonds are exempt from taxation, an3 very strong security. As March 1st is the day for assessment of taxes these bonds are an attractive investment DICKINSON TRUST COMPANY. Consultation invited.

you Love Your Wife BUY HER A GAS RANGE

RICHMOND LIGHT, HEAT

I Want the Cash To make four good first mortgage loans with. From $300 to $800 MORGAN, 8th and North E Sts.

IF YOU EITHER BY THE TON Matter Phones

Business

ALPHABETICALLY ARRANGED,

INSURANCE. E. W. COLVTN, Fire Insurance, City and Farm. Telephone 553. .020 Main street. The leading Real Estate Han in Richmond, WOODHURST, 913 Main. Farms and city property. Fire Insurance. tf. SLACK'S 15c Dinner Beats Them All. 428 Main. I have lots for sale on very easy terms on North 20th, North F, North 18th, South 21st, Richmond Ave and Sheridan street. See me, Al. H. Hunt, 7 North 9th street. and TRADE-MARKS promptly obtained In all ooantries, or no fee. We obtain PATENTS THAT adTertiae them thoroughly, at our expenst, help you to miooees. Send model, photo or sketch for FREE report on patentMUr. 0 year' practice. 8URPASS IK-. MCFERENCES. For free Guide Book on Profitable Patents write to B03-B0S Savsnth 8tret. WASHINGTON, D. Q. Galveston's Sea Wall makes life now as safe in that city as on the higher uplands. E. W. Goodloe, who resides on Dutton St in Waco, Tex., needs no sea wall for safety. He writes; "I have used Dr. King's New Discovery for Consumption the past five years and it keeps me well .and safe. Before that time I had a cough which for years had been growing worse. Now it's gone." Cures chronic coughs,, La Grippe, Croup, Whooping Cough and prevents Pneumonia. Pleasant to take. Every bottle guaranteed at A. G. Luken & Co.'s drug store. Pries 50c and $1.0. Trial bottle free. PUBLIC SALE. The undersigned will offer for sale at Public Auction at their stables, corner North F and Sixteenth streets on Thuisday, ?Jarrh 1st, 1906, at 2 o'clock p. ia., their horses, wagons, barr.c., etc. 22--; ?t Richrcocd lea Delivery Co. The up-lo-daie woman avoids canslies, drugs and powders. They arc extremely harmful to the skin, while HolIisterV Rooky Mountain Tea makes it soft, and beautiful. $5 cnt3, Tea or Tabids. A. G. Isuken & Co.

small block cf non-taxable

AND POWER COMPANY WAIT OR C LOAD, SEE ros. Go. 49 and 64 TEAS AND COFFEES. GREAT ATLANTIC & PAO&IO TEA, CO. Extra S. & H. trading stampu with our teas, coffees, baking powders, extracts and spices. 727 Main street IREDELL & FERGUSON. Fir Insurance., 4 North Ninth St. TeL 626. Notary Puhlic. We buy sell and exchange second hand novels, wild west, Pluck and Luck, Buffalo Bill and other five cent weeklies. Draper & Son. phon. 1498. 610 Main lm0 TheReason WE represent the Oldest and Strongest Insurance Companies. WE adjust our own losses snd pay them without disco ant. WE insure you and your bank against burglary as well as against Fire, Lightning, Tornado, Boiler Explosion, Liability and Accident. WE are not a trust and not connected with any of the big eastern corporations at present under investigation. WE iniure your life and property at reasonable rates, and in companies of which each director is individually liable for their proper management. WE don't ask you to pay a year or more in advance, unless you yourself insist upon it. YOUR CREDIT IS GOOD. You should insure with the ANGE AGENCY, aN,KOLL,MCr. 11 Sooti J7tfc St, Richmond, lad. Telephone 41. Correspondence Sollicited. r)IOlHl. iCMOH tWuM ntr,kn. n pyn W Ajliat Law Cet 14 tarn CHtra. UtaM Tmrf Sofeoo! ol

Director 7

RICHMOND

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