22> l A General p4..- ...- ._. . Mn— .’“‘ '\ \i THE PUWSS W OHLD. R. 0:. Dan 5; Co.’s Weekly Review of the Conditions of Trade. THE HOPEFUL INDICATIONS. Revival Has Followed the Ante-election Nervousness—Cause of the Recent Rise of Stocks. Falling 011' In Failures. [:an YORK, Nov. 7,—B. G. Dun & Co’s weekly review of trade says: A great revolution has been eifected this week in the conditions which control business. It could not be in any fair de- gree reflected as yet in transactions or in records, but there is ample evidence al- ready that a crushing weight has been lift- ed and rolled away, and the business world has begunto adjust itself to a state of freedom and security which it has not known for years. New contracts involv— ing many millions have become binding since the election. The rush for stocks on Wednesday lifted the average for all rail- ways 551.16 per share in a single day and trust stocks $1.54, and in'many of the most active the advance was so sudden that heavy sales for realizing caused some reaction. The wild advance of over 3 ceifts in wheat on Monday and Wednesday was also followed by realizing and decline on Thursday. But the instant vanishing of the premium on gold, which had reached about 2 per cent, the unlocking of many millions which had been boarded, the collapse of the interest rate from 12 and 8 to (i and 5% per cent and the quick demand for American securities on foreign account are signs of more lasting promise. ' Records of the past week could not be expected to show improvement in the vol- ume of business. So engrossed was the country with the political contest that Saturday was almost a holiday at many cities as well as Tuesday, and clearings showed a decrease of 13.1 per cent, com- pared with last year and 16.5 per cent compared with 1892. Railway earnings in the last week of October were relative- ly smaller than in other weeks, and for the month, though better than in Septem- he: were 5.9 per cent below last year’s and 7.1 per cent below those of 1802. Tonnage west bound and north and south at ? izzlianapolis is the heaviest for 20 years, be: cast bound tonnage from Chicago was only 290,057 tons in four weeks of Octo— her against $39,722 last year and 2912.755 in 189:2. Cause of the Rise. It was not because of past or present business that stocks rose to an average of $49.75 per share on Wednesday, but mil- lions of the unlocked hoard sought invest- ment, and about 40,000 shares were taken on London account. Prices were and for some time will be governed by estimates of the better things that are coming. It was not strictly logical that wheat advanced 3% cents, reaching 81.37 for No- vember and 83.12 for December, and heavy realizing of profits showed perception of the fact. Western receipts were only 6,087,159 bushels against 8,01'97910 last year, and Atlantic exports, flour included, were only 1,588,358 against 1,790,833 last year. A growing disposition appears among farmers to hold wheat for better prices than are now realized, although at present any advance checks buying for ex- port. Speculation in cotton was also ex- cited on the theory that mills would now start up. as many have done, and would meet a large demand for goods. But the advance was met by realizing sales and a slight reaction. It will be all the better for business if bright hopes do not hoist prices too fast. The evil effects of a speculative rise in materials are already seen in restricted purchases of boots and shoes, resulting from the small advance in prices, which has made no progress the past week, but was caused by a rise of 14 per cent in leather. Behind that is the speculative rise of over 10 per cent in hides since the first week in September, for which no valid excuse appears. rIhe rise this week at Chicagoextended to nearly all grades of packer and country hides. .‘The ad- vance in sole leather has an excuse in these mercurial changes, but results last year are so keenly remembered that boot and shoe dealers are slow to buy, although in men’s brogans and women’s grain and buff shoes orders have been secured for some time ahead. Iron Prices Siifi‘ened. The election immediately stiffened prices of pig iron. which reached $12 at Pittsburg for bessemer, and the certainty ' that many large orders for buildings and bridges and other finished forms would now become operative justifies some ad- vance. The future of this trade now de- pends upon the extent of increase in de-- maud for finished products of iron and steel, which is likely to be materially af- fected by the course pursued by various combinations. The billet pool, which is still openly underscld at Pittsburg, and has caused no end of disturbance in. busi- ness by favoring one class of producers to the detriment of another, has been in ses- sion here, and is said to have changed its basis of allotment so as to secure fairer results. The nail combination is now threatened with a hostile league of jobbers and producers, and is openly undorsold. The bar combination, notwithstanding its large rebate, is still demanding more than the prices at which steel bars are sold in great quantity. A slight advance in shootings and print cloths is the only change which yet appears in the market for cotton goods, and practically no change has yet appeared in woolens, but the re- ported gion-ammo of wool, including one of 1i,0!!4;v,‘)0!) pounds of territory said to have been made by a syndicate, amounted to 18,501,900 pounds against 5,621,350 last year and 8,215,000 in 1892. The average of prices rose about half a cent in October, and, since Sept. 1, 104 quotations by Coates Bros have risen from 12.16 to 12.92 cents or 6.3 per cent. Foreign exchange has sharply declined, and more imports of gold have been ar- ranged. The movement must expand further if foreign purchases of stocks con‘ tinue. Failures for the week have been 230 in the United States against 280 last, year and 52 in Canada against 49 last year. A Big Liner’s Shaft Broken. NEW YORK, Nov. 7.—Tho Hamburg American steamer Fuerst Bismarck, Cap- tain Albers, from Hamburg via South- ampton and Cherbourg, arrived today. Her starboard shaft is broken, and she had to have the assistance of two tugs coming into the harbor. A Murderer Confesses. AKRON, 0., Non 7.——William Clark has eoni'cssed that he and William Dempsey, both now under arrest here, murdered Jo- seph Lupinek in Cleveland Oct. 24, the motiae being robbery. ~ s T H. E I W is e “M h To Subscribe for the ill N. Y. alum TT AND \ BothsPapers Sent to one [Address ‘ for SLOQ a Year meter, you see, has the be. , I EVENINGflfiAZETTE SENSIBLE 'SCHOOL FASHIONS. Suggestions as to .Cut and Fabric for the School Student. There .is nothing very striking or original in children’s fashions, but that is due to the fact that there is so little that is new in the grown-up gowns. The noticeable difference in cut is in the sleeves, which follow the tendency of all sleeves to be smaller. And in skirts there are the same straight breadths for the silk gowns and acir- cular cut for the wool dresses. The guimpe dress for girls under 11 years of age is one of the staple fashions which do not vary much from one 21"" season to another, but the guimpe waist is often made of velvet, silk and plain wool instead of cambric for the needed warmth in winter. Nar- row braid or velvet ribbon sewn on in rows around or crosswise ’of the yoke and cuffs makes the plain wool very pretty with a plaid gown, and white silk guimpes are always nice for dress. Guimpe dresses are made with the circular skirts as well as the straight breadths, and these are lined with fine cambric to make them hang well, while the full baby waist is the usual style. Serviceable school dresses of figured wool are made with a round waist fulled in the back, plain under the arms, very full to pouch in front be- low a. plain yoke, and set on to the skirt witha small cord. A little fin- ish of bright velvet arranged in mar-- row bretelles over the shoulder, a band across the yoke, and a few small gilt buttons are all the trimming re- quired, except the velvet cuffs and collar band. Sleeves of these dresses .5}, y. .' \ . :‘ " , a)" '1 . J&, are close. with a short double puff falling like a rufl‘le from the top. camel's hair. serges, and, all the pretty plaid wools are used for these gowns. and red is especially fashion- able this season, trimizled with red or. black velvet. Three narrow folds on the skirt and a finish for the waist with perhaps a little cream lace, if the gown is for afternoon wear, make a pretty dress. The Envious Poet. “it would be nice to be a gas meterfi’ sighed the poet when his Wife handed, him the grocer’s account and the bill: for rent that had ju'St beeupresen'tedq "Which doesn’t seem to have any particular bearing on the payment of. those. bills,” remarked the wife as she turned to tell thecollectors as sweet- ly as. pos.tl‘:i-.- to call onthe day aftczif. lo-morrox».-. ‘ ., I ’ ' " p g ‘ "But it does, you know,” said he, ‘not' minding the interruption. “New, ifVI was a gas meter instead of a poet, I should be steadily at work and ’get paid for all the ‘feet’ I turn out. The 5—,. I'Q @ @ eon». should Deconstructed to give the maximum of comfort, with a minimum of expense. Comfort does not mean warm in one room and cold in another, but' summer heat in all rooms in zero weather. Expenseis not all in coal bills. Poor joints leak gas", light castings crack and burn out. Repairs in winter mean discom- fort and sickness. The doctor’s bill would have purchased a Bay State Furnace and ' ._.?» saved all this. ’ Be wise in 'time. Consult your dealer or "write us. > 'Barstow Stove Co. ’7, 228 Water Street, New York ooooooeeeeeeoeoeoeoo r .. . i -, \ D E . Mk” ' Foundries, Providence, 12.]. Boston Office, 56 Union St. sesameoooooooooooo . .‘l (I. . .1 .1 . § .3 a , one 9 ©©©©000©®©00©O®0®©©® @ (is) (e) @9 Es) .-::.r.=., speedy mount. There’s a best in every- this 5”; the ’96 Stcarns is a veritable edition dc luxc among bizycles. Finished in black or orange. Sitcoms riders are satisfied riders, and always proud as kings of their mounts. Your add. 555- will insure receipt of our £12.an some new catalogue. 9 ' _ , g If”? E. L. 5TbARNb a: (30., Makers, Syracuse, PL Y‘ “3:13;” San Francisco, Cal. Buffalo, N. ‘1. Toronto, Ont. "2 . ass-fies. <2. :2». -- s 513553“ 3’412’13‘ ”g; $9 H. R. BULKLEY 81 C0.. Agents, SOUTH NORWALK. :- . _ ' 232%.? ,. ‘ ‘ 3:3,, 4755;. 1'“- 4.9.}, ‘2 . 2 at“ stile ' defied-(idea?) ‘tfii‘iz’; Brooklyn Vault Light Corupany, lULlLEHlWYLIGHlS OFFICE. 481 BRIGGS AVENUE; BROOKLYN. N. Y. _. quman’sBicycle In strength, lightness, grace, and elegance .of finish and equipment Model 4-1 Colum- ‘ hie. is unapproached by any other make. ‘COlllmbltl saddles are. recommended by riders and physicians as preper in shape and adjust- ’ H " meat, and every ' detail of equipment contributes to comfort and pleasure. $100 TO ALL ALIKE. “The added pleasure of riding a Gol- umbia is worth every dollar of futhe _‘ slope Columbia costs." ‘ Beautiful Art Caialogue of Columbia and Hartford Bicycles is free if you call upon any Columbia. Agent; by mail from us for twr 2-cent stamps. ' . Conn. » ‘7 Columbias'are not. ' POPE MEG. CO., diam. Branch Stores and ngncies in almost. every vmi'ty and tow; properly represented in your sanity, let us kw.
Norwalk Chronicler