Norwalk Chronicler

Evening gazette, Saturday, June 27, 1896 · page 8

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n / p pages
 

 

 

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the leather company,

outsiders continue to undersell it.

 

lwllllllgllllllml.

The Monetary Outlook Is the Gause'of
Hesitency to Many.

COTTON MILLS WILL CLOSE.

The Result of a Conference of Leading
Manufacturers —-.Some Encouraging
Reports of Leading Crops—The
Failures of the Week.

NEW, YORK, June 27.—R. ‘ G. Dun &
Oo.’s weekly review of trade says:

The monetary outlook is not yet clear
to some. The strength shown in recent
conventions by advocates of silver coinage
and—expectation that all the elements fa-
voring that policy may yet be concentrat-
ed incline them to a waiting attitude.
Their uncertainty retards improvement.
But many mills have waited as long as
they can with safety, and signatures have
been given by enough cotton mills of Fall
River to insure a temporary stoppage, it
is stated, the nature of which is now under

discussion in conference with the Provi- .

deuce manufacturers. Meanwhile the Pa-
cific of Lawrence and. the Naumkeag of
Salem' have closed for a time, and practi-
cally all the southern cotton mills will be
represented at a meeting on Monday with
the same object. Woolen mills are acting
without concert, but 14 are mentioned in
dispatches as having closed this week.
There is no similar movement in other in-
dustries, though the period of summer clos-
ing is at hand in many of them, and im-
portant controversies as to wages of iron
puddlers and other hands make it likely
that the annual stoppage in that industry
may last longer than usual.

Although $1,350, 000 has been sent
abroad this week, bankers generally be-
lieve that a change in foreign trade will
arrest the outgo and cause imports before
long. The increase of about 30 per cent in
exports of merchandise from New York,
with decrease of 16.6 per cent in imports
of all foreign goods for four weeks past,
shows a favorable balance, which should
soon have effect on the specie movement.
Currency comes hither from the interior,
but only $2,000,000 net for the week, while
the commercial demand for money is not
large anywhere and there is scarcely the
faintest posibiilty of any financial disturb-
ance. Although the treasury deficit con-
tinues, it is for this month only about
$1,000,000. Speculative conditions have
depressed stocks about 80 cents per share
and trust stocks about $1.36, heavy opera-
tions in sugar engrossing attention.

Wheat and Cotton Weak.

The weakness of wheat, which has de-
clined 1.62 cents, and of cotton, which is
an eighth lower for spots, though less for
futures, have full explanation in decidedly
good crop prospects. Returns of harvest-

‘ing thus far support the best estimates as

to wheat, and the condition of cotton has
been decidedly improved by rains. The
closing of many mills also threatens to
cut off the demand between this date and
Sept. 1 by 30,000 to 40,000 bales, but in

' any event the stocks on hand are ample.

Wheat receipts at western ports have been
2,696,692 bushels against only 787,291 last
year, and for three weeks past 9,551,278
bushels against 5,954,005 last year, and
while Atlantic exports have sharply in-
creased, amounting to 7,867,527 bushels,
flour included, against 4,913,437 for three
weeks of June last year, there is no reason
to doubt regarding the sufi‘iciency of sup-
plies. The hay crop has also been exceed-
ingly good at the west. ,It is not wholly
a Welcome but a necessary conclusion
that prices for the great staples are not
likely to be higher.

It may be doubted whether the boot and
shoe industry has ever been in better shape
on the whole, though manufacturers com-
plain that an advance in price is neces-
sary, which dealers are very reluctant to
pay. The evidence of exhaustion of stocks
grows stronger, but the demand is very
largely for low priced goods. Shipments
from Boston amounted to 359,185 cases in
four weeks of June against 389,836 last
year and 342, 500 in 1894, but the gain in
value has not been corresponding. Many
shops have work until September. Many
others have current orders exceeding out-
put, but a number probably much larger
is nearly at the end of orders. Leather is
slightly lower for kinds not controlled by
and at Chicago
packer hides are steady, while country
have advanced a shade, with small re-
ceipts. Copper is held at 11.75 cents, lead
is' hardening at 3.05 cents, and American
tin plates are well sold at 15 cents below
foreign. ,

Combinations’ Eflect on Prices.

The great combinations, which, The
Iron Age wisely reasons, tend to cause dis-
astrously low prices hereafter, still control
the markets both for material and finished
products of iron and steel, though it is re-
ported that lower prices will soon be made
for coke, owing to better utilization of by-
products, and for nails owing to the heavy
decrease in consumption. The billet pool
reports no large sale, but middlemen or
The
new demand for finished products is very
light, and while quotations average a
shade lower most of them are cut to secure
business. Bessemer pig is a shade lower
at $12.25 at Pittsburg. The textile manu—
facturers, as has been said, are generally
devising curtailment of production, and
the only change in prices is downward.
Sales of wool have been 12,855,600 pounds
for four weeks, of which 7,506,100 were
domestic against 33,583,965 last year, of
which 16,132, 485 were domestic.

Commercial failures in three weeks of
June, exclusive of one for about $1,000,000
not yet reported, show liabiliites of 37,-
658,614 against $16,509,022 last year, in-
cluding the Cordage company, and $9,683,-
465 in the same week of 1894. Manufac-
turing were 83,848,495 against $2,106,293,
exclusive of Cordage, last year and $3,395,-
464 in 1894. Trading were $3,732,387
against $5, 112, 329 last year and $5,519,520
in 1894. Failures for the week have been
217 in the United States against 256 last

year and 24 in Canada against 22 last year. ,

 

New York’s Alleged Contract Frauds.

NEW YORK, June 27.—-Michael Red-
mond, the contractor, who was indicted
for affixing the names of Michael O’Ccn-
nell and Fred Schraeder to a. city bond,
was today called upon to give bail in the
sum of $2,500 for his friend, John J.
Clarke, indicted on the same charge.
Clarke was arraigned before Judge Cow-
ing and pleaded not guilty.

 

Steamship Scuttled and Sunk.
LIVERPOOL, June 27. -— The British

steamship Lucerne, while loading for an'

east bound voyage, was discovered to be on
fire and was scuttled and sunk to prevent

filer total destruction. The fire is supposed

to have been caused by .the explosion of a
lamp. ~

 

Advertise. in the Guerra.

 

resurrrme’s 'so’r DEAD. “*3 '

He Was the Due de Nemours, \Vhose Iii
ther “’33 Louis Philippe.
'LONDON,-June 27. —A.dispatch to The
Times from Paris says that the Due de
Nemours died at Versailles.
Louis Charles Philippe Raphael d’Or-

» leans, Duc do Nemours, one of the Orleans

princes, was the second son of King Louis
Philippe and was born in Paris in 1814.

He was still a child when Charles X, in
accordance with ancient custom, appoint-
ed him colonel of the First regiment of
Chasseurs a Cheval, at the head of which
he made his entry into Paris in 1830.

In 1831 he was elected king of the Bel-
gians, but his royal father declined this
offer of the national congress on his be-
half, as he did also at a later period a sim-
ilar offer of the crown of Greece.

Subsequently the Duc do N emours served
with distinction in the two Belgian cam-
paigns and in Algeria, being in 1837 pro-
moted to the rank of lieutenant general.

The premature decease of his elder
brother, the Due d’Orleans, in 1842, placed
him in a position of great importance.

Contrary to the traditions of the old
monarchy, which were in favor of the
mother of the heir presumptive being de-
clared regent, a bill was introduced con.
ferring the regency on the Duc de Nemours
and carried in the chamber of deputies and
afterward in the peers. . »

The general apprehension of. danger,
however, caused this law to be abandoned
in 1848.

After the revolution the Duc do No-
mours quitted France and joined the other
members of the exiled family at Clare-
mont, and he did not return to his native
country until after the downfall of the
empire in 1870.

He had since played a vpry insignificant
part in royalist affairs. In 1886 his ndme
was stricken off the French army list
when his family was expelled from France.

His sons are the Comte d’Eu and the
Due d’Alencon.

BBRZ IS COMING OVER.

He \Vas Mixed Up In the Panama Scan-
dal and He Fled to England.

LONDON, June 27.——The Post announces
that Cornelius Herz will sail from South-
ampton for New York with his family in
a few days. .

It was only in May that the authorities
of Great Britain finally determined to re-
fuse the request of the French government
for the extradition of Dr. Herz for com«
plicity in the Panama scandals, after he
had been under the surveillance of the au-
thorities on a sickbed at Bournemouth
for over three years.

It had been repeatedly stated by eminent
medical authorities that Dr. Herz was not
able to appear before a magistrate for ex.
amination.

A special modification of the treaty of
extradition with France was made so as to
allow the magistrate to conduct the ex-
amination at Dr. Herz's bedside.

Sir John Bridge, who conducted this
examination, the patient being supported
by two nurses and his wife, in declining
to grant the sick man’s extradition said
that the proceedings formed the saddest
spectacle he had ever seen and filled him
with pity for the wife and children, who
wore so carefully attending the dying
man.

The Chinese Attack on a Mission.

LONDON, J une 27.—The Daily News has
a letter from Canton giving an account of
the attack upon the American mission at
Kiang-Yin on May 13 last. A crowd gath~
ered on account of the slander that the
missionaries were kidnaping infants.
“Sure enough,” the letter continues, “the
body of a child .was found beneath some
dried leaves in the garden. The mission-
aries would certainly have been killed if
they had not escaped over a wall to the
fort. ”

 

Suit For a. Large Sum.

SAN FRANCISCO, June 27.—The Central
Trust company of New York has com-
menced suit in the United States circuit
court against the California and Nevada
Railway company for $367,050, alleged to
be due for interest on bonds issued by the
company in 1884. A new receiver is asked,
and the suit includes foreclosure.

Irving- L. Ford Hanged.

WASHINGTON, June 27,—Irving L. Ford,
the negro whose brutal murder of Elsie
Kreglo on May 4 last formed one of the
most atrocious crimes in the police annals
of this city, was hanged in the jailyard
here today.

The Weather.
Fair; warmer; southerly to westerly
winds.

FINANCIAL AND COMMERCIAL.

Closing Quotations of the New York Stock
Exchange.

New YORK. June 26.——Money on call easy at 2
per cent. Prime mercantile paper, 4@5lfi per
cent. Sterling exchange steady. with actual
business in banker-3’ bills at [email protected]% for
demand and 34.t7:@4.87% for 60 days. Posted
rates, [email protected]}§ and [email protected]«§. Com-
mercial bills, 34.56%. Silver certificates. sales
$10,000 at 69%@69}éc.
can dollars. 5345c. Government bonds steady.
Stale bonds dull. Railroad bonds firm.

Closing prices:
Atchison.......... 14
Bur. & Quincy.. .. 77

New England..... 43%
N. J. Central. . . . . .107%

0.. g. C. & St. L. . 32% North American.. 5%
Chesapeake & 0. . 15% Northern Pacific.. 9%
Chicago Gas. ..... 66% Do. pref. . . . . . . . . . . 17%
Cordage. . . . ....... 5% N. Y. Central ..... 97
CottcnOil........_12% Omaha............ 43

Ontario & Vi'est . .
Pacific Mail” . . . . . 24%
Reading...........
Rock Island . . .. .. 69%
Silver Bullion.. . ..

Del.-& Hudson . . .127'éfi
Distillers’ Trust.. 15%
Erie . . . . . . . ........ 14

General Electric. 30%
Hocking Valley... 1795

Lackawanna.. . . . .161% St. Paul ....... . . .. 77%
Lake Shore ........ 153 Sugar Refining. . .11695
Lead .............. 23% Texas Pacific. . . .. 7%

Union Pacific. . ..
Wabash pref...... 17
Western Union... 83%

t._.__

Louisville & Nash 50%
Missouri Pacific.. 23
Northwestern . . . .102}é

 

General Markets.

NEW YORK, J une 26.—FLOUR—State and
western quiet, but steady: city mills patents.
$4.20’Q4A5; winter patents. 836065310: city mills
clears, $4: winter straights. 3330433240.

WHEAT—No. 2 red opened weaker, but ral-
lied On covering and sympathy with the south-
west: July, 62.73.52 5-16c.; August, 62@62%c.

CORN—No. 2 quiet, but fairly steady with
wheat; J uly, 34 13-16c.: September, 34 9-160.

OATS—No. 2 quiet and weak: track. White,
state. 21%@27c.: track. white. western. 211522

on.-

family. 59.755.10.25.
LARD—W'eak; prime western steam. 84.203
4.25; nominal.
BUTTER—Quiet and steady: state dairy. 10
@15c.: state Creamery, lllfifdllélvéc.
CHEESE—Dull: state. large, 5@6%c.: small.
5bé@7c.
EGGS— Steady: state and Pennsylvania. 11%
@1295“ western. lO‘xéfrllllléc. ’
SUGAR—Raw strong; fair refining, 3 1-16c.:
Centrifugal. 96’ test. 3364:. bid: refined strong:
crushed.5)§c.: powd ered. 5%0.
TURPENTINE—Steady: 25§4@263/4c._
MOLASSES—Steady; New Orleans, W70.
RICE—Firm: domestic. 2961360.; Japan. m

4540.
TALLOW—Easy; city. 536m: country, 3950.

 

Advertise in the Gum-rs} ..,

 

. ing matches with Dan Creedon and Peter

Bar silver. 69560. Mexi-.

lC.
PORK—Weak: old to new mess. 383.8375:

 

 

 

V, ' . ._
'l H . E . E V E N
CORBETT TO MEET SHARKBY.
The ‘Artioles For a Finish Fight For 310,-”
* 000 a Side. Have Been Signed. 1‘

SAN Fnancrsco, June 27.—-It is now a‘
settled met that James J. Corbett? and
Thomas 'Sharkey will ‘meet in a finish.‘
fight for $10,000 a side. _ Both men are
anxious to settle the question of suprem-
acy, COrbett to retrieve the laurels he so.
nearly lost and Sharkey to make good to
the world the statement he has~repeatedly
made that he can defeat the champion}
The preliminaries have all been arranged,—'»
andthe men met at 2 o'clock this after-
noon to sign the articles of agreement.
They call for a meeting before, anyelub in
the UnitedStates offering a's'uitable' purse,
and if the match cannot be held before a
club the men are to meet on Mexican soil.
The battle is to take" place within six
months, the exact date to be agreed upon
later. Both. men will begin preparatory
work immediately, and it must be admit-
ted that the champion will need long and
careful training to put him in condition
for the hurricane battle that is sure to
take place.

Corbett says he will train as faithfully
as he ever did in his life for his next
match, and he will have to win. Shar-
key carries a full blown eye as a reminder
of his last mill, but otherwise is unmarked.
His confidence in himself is unbounded,
and he says that now he has Corbett’s-
measure he will simply let the champion
wear himself out punching him, and then.
he will go in and end the trouble.

Choynski After Sharkey Too.

CHICAGO, J une 27.—Parson Davis is
anxious to arrange a mates between Shar-
key and Joe Choynski. Davis sent the fol-
lowing challenge to the sporting editor of
a San Francisco paper:

“I have deposited $1,000 with Will J.
Davis, manager of the Columbia and Hay-
market theaters, this city, in support of
the following offer tQTom Sharkey, who
has lately made such a splendid showing
against James J. Corbett in your city. I
will match Joe Choynski against Sharkey
for a finish contest, Queensberry rules, for
a side wager of $5,000 at any reasonable
time after signing articles. In the event
of the contest taking place in or near your
city I will transfer my money to your pa-
per, which I trust will act as the final
stakeholder. In the event of Sharkey not
desiring to engage in a finish contest with
Choynski I am prepared to make a match
of eight rounds, Choynski to attempt to
stop him, under the same conditions which
governed their former contest, and the
marine champion failing to accept either
of the above offers the following proposi-
tion is made to James J. Corbett:

“Joe Choynski will box him eight
rounds. Should Corbett stop him he is to
take the entire gate receipts. Failing to
do so, he is to forfeit the same. As Choyn-
ski’s showing with Fierkey was far su-
perior to Corbett’s‘, and as Sharkey public-
ly stated that Joe was the greatest fighter
he had ever met, this should prove a good
contest. I trust I will receive an immedi-
ate answer to the above, as I am arrang-

Maher for Joe. The above propositions,
however, hold good irrespective of the re-
sults of the contests with Maher and Cree—
don.” . .

13 SEE PAIR’S WIDOW?

Mrs. Craven Springs is Big Surprise, In
Her Suit For 31,090,000. "

SAN FRANCISCO, June 27.—Mrs. Nettie
R. Craven has at last 'reveaied her rela-
tions with the late James G. Fair.

In the presence of a score of attorneys
and a courtroom full of people she told
Judge Slack that she was the widow of
the dead millionaire. _

The marriage was by contract, she
swore, and took place on May 23, 1892, at
823 'Sutter street, where Mrs. Craven was
then living. The record of the ceremony,
with Fair’s signature attached, was in her
possession, she said, and would be pro-
duced at the proper time.

Mystery surrounds the event. Accord-
ing to Mrs. Craven, the contract nuptials
were celebrated in the evening. The record
of the affair was drawn by herself at her'
husband’s request, who feared it might be
disagreeable to his children.

The revelation was made in connection
with two deeds recently filed by Mrs.
,Craven, in which the late senator is said
to have transferred to her property worth
$1,000,000.

Plan to Rob a Bank Vault.

Los ANGELES, June 27.—0ne of the
boldest attempts at bank robbery ever
made on the Pacific coast has just come to
light. The object was to enter the steel
vault of the First National bank, and to
reach it the robbers dug a tunnel 102 feet
in length, extending from a street adjoin-
ing the bank and running thence under
the cellars of three other banks. This tun-
nel had progressed to a point directly be-
neath the vault when the police authori—
ties learned of its existence.

 

g Henley Regatta Entries. ‘

LONDON, June 27.—-'I‘he entries in the
Henley regatta closed today. The total
number is 58, the largest on record. The
competitors in the eight oaredraoe for the
Grand Challenge cup are the Yale univer-
sity crew, the Amsterdam Rowing club,
the New college eight, the Leander Row-
ing club, the Trinity Hall crew, the Lon-
don Bowing club, the Thames Bowing
club, the Trinity college crew and the Eton
crew. -

Indians Celebrate Big Horn Massacre.

OMAHA. June 27.—Six thousand Sioux
today celebrated the great event in their
war history—the twentieth anniversary of
the annihilation of Custer’s command on.
the Little Big Horn. They gathered at
the scene of the terrible massacre, and
~though peaceable indulged in all the fan-
tastic dances and ceremonies incident to
their traditions. There will be another
big Celebration July 4.

 

 

 
 
 
 
 
 
 
 

 
 
 
 
 
 
 

. l
inn-For red.rou h.chsp ordis- . .
' . . lock them in’a'strongh ot'Muds"
of Cancun on. dry thoroughly and ugly Cu- _ ‘ .
‘I'ICUIIA oinnn‘ent).svcmngglovuduring eolght . :

 
 

 

my“.

 

 

 

 

_—_

liveliest Place . Why? Because ..7

 BusunS

Fairflelll Bounty.

llave Something _‘

lleanwalk.

~_ New Every nay. ’ ‘

 

 

lle vollll oEElcE, 442 lllllllllml. ‘

 

The crowds in our Store astonish the oldest inhabitant. How do they do i.
it? asked one‘ of Norwalk’s best business men. The answer is
easy.‘ Our great system of buying for cash, selling'for’cash, and di—
viding the profits with our customers, tells the story. How can they
afford to give those first-class bicycles away? asks another. He might
have asked why do we sell so much cheaper than any one else, the ‘an-
swer is the same. We are liberal, and we are boundto treat our cus,
tomers right, and to give them the‘most for their money.

THIS FOURTH OF JULY WEEK,

WITH A HUNDRED DIFFERENT BARGAINS,

We Shall tile Anothellilsl-lllass Bicycle Away! -
ON FRIDAY EVENING, JULY 3d, AT 9.30,:,,;..--,

 

\

We Shall Not Open Our Slole on the Grealesl Day in the calendar in all Americans. I

_ lN OUR BIG CLOAK ROOM-
CHILDREN’S SUMMER DRESSES

5 Dozen white Lawn Dresses 1., Z :39,

 

25 Linen Separate Skirts, extra wide, 98c.

Duck Separate Skirts, 15c.

15 Crash Embroidered Suits, the popular suit of the
, Season, $3.98.

30 Black-figured Skirts, 3|.25.

20 Duck Suits, $l.98.

15 Black Sicilian Skirts, $4.25.

100 BlackuMohair Skirts, $2.25.

Shirt Waists

25 Dozen more of the 50c Waists for 25¢.
10 Dozen $1.49 Waists, we shall sell for 98¢. «

10 Dozen colored Chambrey Dresacs, 15c.
10 Dozen white Lawn Embroidered Dresses, 49c.

 

Corsets“ ' '

75c Summer Corsets for 39¢.

 

Wrap pe rs“.
The largest assortment in Connecticut—9690, 750
98c, $1.25, $1.49, $1.75, $2.25. ‘

Children’s Hatsand Gaps

19c, 25c, 3‘90, 490, 75c, 980, 1.25.

Bathing Suits—+—

25 All-wool Navy Blue Bathing Suits, wide skirt,

$.98.
20 Black Alpaca Bathing Suits, $3.50.:

Wash Goods

Now for a Crack-a-jack—50‘ pieces 10c Dimiiies for

5c per yard, guaranteed fast colors. ‘ Come
\

 

Hamburg Embroideries

The greatest bargains in this line ever known. A
veritable sensation in trimmings. This is the story: A _,
early for these.
40 pieces In. Lawns, best in the U. S. for [2150.
25 pieces imported 25c Organdies for l9c.
15 pieces imported Embroidered Lawns for lflc.
10 pieces imported Sheer. Organdies for ”to.
10 pieces imported white and black India Linen, Inc

well-known manufacturer made more goods than he
could find a market for. Rather than carry over until
next season, a genuine slaughter in prices was made.
Edgings that you have paid a week ago from 190 up to
39c, will be sold at less than 12» these prices. The goods
are all new, clean and right upvto-date styles, sold in
» stri s of 4' and
Dress. Goods , p 4% ya... only' ' ’ ‘
' 5 pieces Linen, for suits and separate skirts, IE. ~

3 pieces Crash, for dresses. 201:.

5 pieces 38-inch black and white, and blue and

white checksk25c.

10 pieces 75c Summer Dress Goods, 50c.

10 Wool Challies, Inc.

12 pieces 50-inch Serges, light, 75c, for 509-

Si l ks—'——-“
10 pieces black India for 69¢.
- a dress of this beautiful silk—it is half the regu-
lar price—you have made a mistake.
8 pieces black. large-figured Silks, 59c.
10 pieces Striped Japanese Silk, I9c.

 

Lot 1—1,200 yards, from 3 to 6 inches wide, regu-
lar prices 15c to 25c per yard, very choicest styles; sale
price, So.

 

 

Lot 2—1,000 yards, 3 to 9 inches wide, very choice
and dainty effects; real values from 25c to 39c; choice of
the lot at Me.

Our KitChen Dept.

Needs no mention. You know that you can buy

 

If you did not get

 

your crockery and Kitchen Utensils from 10 to

 

25 per cent lower from us than any other place

 

in the County. Fruit jars are now on sale. Don’t

 

 

wait too long. this will be a. good fruit year.

 

 

 
 
 

Eel Youi' coupons and Win a Wheel, and ‘llellappy all Summer.
., _%§, p . . f

I!

 
 
 

 

 

303ml 3m. mu... Wally

 

 

' Porn: we a On an. Conn. Sole Props“ Boston.

 

 
 
 
 

 

 

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