Norwalk Chronicler

Evening gazette, Saturday, November 14, 1896 · page 2

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GREAT BUSINESS GAIN.
The Remarkable Change For the Bet-
ter In a Single Week. .

 

UN PREGBDEN TED CONDITION

[he Large Boom In “’heat Is an Im-

portant Factor-The Strength of

Stocks—Some Prices May Be Be-
duced—The Failures of the Week.

NEW YORK, Nov. 14.—-R. G. Dun &
Co’s weekly review of trade says:

No one now doubts that the brighter
day is dawning, and it is the common re-
mark that never before has business shown
so great a. change for the better Within a
single week. To the change of conditions
and of spirit described last week there has
already answered a large increase in the
working force and in the volume of trade.
Dispatches telling of about 500 establish-
ments which have opened or have materi-
ally enlarged their force, though they fill
many columns, give only part of the fact,
for throughout the country the gain has
been surprising even to the most hopeful.
It is not more speculation or hope which
lights the fires and starts the wheels, for
elders which have been accumulating for
months, with the necessary replenishment
of dealers’ stocks now greatly reduced,
would employ the whole producing force
for a time, and the increase in number of
hands at work means increase in purchases
Eur consumption. Monetary anxiety and
peril being removed, the business world
has that confidence which is worth more
in practical influence than several thou-
sand millions of currency in circulation.

Foreign need of American wheat con-
tinues an important factor, and the price
has advanced to 89% cents, gaining 7 cents
for one week, 11 cents for two weeks and
25 cents since early in September. The
price is the highest since June, 1892.
Western receipts were only 4,494,033 bush<
els against 8,202,864 last year, but the

election cut off much work during the days .

in which these receipts were started to
market. Atlantic exports, in spite of
scanty freight room, were for two weeks
2,717,231 bushels dour included, against
3,260,384 lass yea. and Pacific shipments
are also heai. y to india, South Africa and
Australia.

Stocks .conoinm .1 to rise until Tuesday,
declined a little 1 *h realizing, but turned
strong again in spite of the professional
belief that the rise had gone far enough.
It seems to be a market in which hunters
for small profits are left behind.

Hoarded Money Coming Out.

The volume of money boarded for
months, but now seeking investment, is
remarkably large. Returns of earnings are
not yet satisfactory, those for election week
being 15.6 per cent smaller than last year
and 17.3 per cent smaller than in 1892, but
October returns covering $44,249,429 on
half the mileage of the country are given
today and are the best since June. Chicago
east bound tonnage for election week was
smaller than last year. Since the settle-
ment of the Venezuela trouble, the natura’il
desire of foreign investors to share in
American prosperity may balance the in-
clination of speculators to take small prof-
its, which caused foreign selling of 40,000
shares this week. After spe01e resumption
this single force practically‘ruled the mar-
ket and the gold movement for years.

Many textile works have been starting
or increasing force, mostly on orders book-
ed weeks ago. But there has not been much
gain in the demand as yet. After purchases
of 46,000,000 pounds of wool in five weeks
the transactions fell to 6,243,700 pounds
last week, but prices were strong and in
some grades 1 cent higher, and even great-
er advance is demanded at the west, while
foreign markets are higher and Australian
fully 1 cent per pound. There is slightly
better demand for lightweight men’s
goods and for dress goods, .but not enough
as yet to Start most of the waiting mills.
The market for cotton goods is not yet
active, but more liberal estimates of the
cotton crop are generally credited, prevent-
ing any advance in price.

The output of iron furnaces in blast
Nov. 1 was 124,077 tons weekly, having
been increased 11,295 tons, or 10 per cent
in the latter part of October, by confidence
in the future. All the markets were stron-
ger, although the enormous purchases of
pig iron in advance of needscauses com-
parative inactivity at present. Plates and
steel bars are $1 to $8 per ton higher and
sheets in better demand. Anthracite and
bessemer pig have advanced a shade, and
the average of prices is 2% per cent higher.
The billet pool is in protracted meeting
here this week to decide upon its course
and is still undersold.

May Reduce Prices.

The beam, bar, rail and wire nail asso-
ciations meet this week, and the undersell-
ing of wire nails by outsiders has gone so
far that a decline ,of 45 cents is openly
quoted. It is noteworthy that the prevail-
ing expectation, notwithstanding the gen-

I

- oral improvement in business, is that

A.

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some, if not all, these combinations will
decide to reduce prices. The coke com-
bination, it now appears, has not prevent—
led large contracts for future delivery at
less than $2, its fixed price, and even less
than $1.75, but the output last week de-
creased. A heavy sale of copper to for-
eigners, said to cover 10,000,000 pounds,
has raised the price to 11% cents, and tin
actually sells at 13 cents, though less is
quoted. The Chicago hide market lifted
prices 7.? per cent in a single week, leath-
1' has risen 1.6 per ccnt,‘and quotations of
boots and shoes have been raised an aver-
age of 4.3 yer cent. Checking business is
much restricted. .

The change in the money market is
striking. Instead of $2,500,000 going out

- to the interior, as before, $2,500,000 have

come in this week; instead of 80 cents dis-
count, New York exchange at Chicago is
at 70 cents premium; instead of merchants
and manufacturers vainly hunting lenders,
banks are hunting for more commercial
paper. Commercial rates are down to 5
per cent on best paper. Foreign exchange
is higher, owing to sales of $4,000,000 gov-
crnments taken by the Bank'of England
as a. member of the syndicate early in 1895,
to payments of $3,000,000 sterling loans
and to foreign realizing on $2,000,000 of
securities, but all these are in effect taking
profits for confidence in American honor.
Failures for the Week have been 276 in the
United States against 283 last year, and 46
in Canada against 49 fast year.

A Rumor Denied.

L0“DON, IVI‘ . 14.—The officials of the
foreign (.liicc ‘lly r‘ .c isany truth in
the s‘. my piibl. filed by a New York news-
. nape.- saying that the British er: bassador

5 at Washington, Si: Julia/L Pauncefote, has

tendered the good offices of Great Britain

- with the view of averting trouble between

I the United States and Spain.

 

 

 

 

. , u‘
. 1y. .. _..
- ,.J,a,‘.>, -‘,._,‘

 

is . he TIME '

To Subscribe for the.

GA

AND

Both Pacers Sent to one Address

for $.I.OQ a Year . ‘1

 

 

llKLY N. Y. TRIBUNE.

" then a door banged to. A

 

 

 

ivas being robbed. >
said the highwayman. "‘l. don’t need.
. aim-assistance.”

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‘ THE EVENING ”Azn'rrs

ANGLER CAUGHT A BICYCLE.

.A Thief n-a Thrown the niachme mm
the Sea.

Among the reSidents of ‘Berniuuda,

7 says the Boston Transcript, are two

brothers, one of whom, besides being
antenthusiastic yachtsman, is also.a
swift and skillful rider of the bicycle.
Some time ago, shortly before the date
set for a bicycle race in which he was
to be one of the contestants, his wheel
mysteriously disappeared, and all 'ef-
forts to find a trace of it proved fruit-
less.

One day, about fourteen months af-
ter the bicycle had been presumably
stolen, a fisherman who was angling
out in the middle of St. George’s Har-
bor for floating fish, hooked a large
one, which instantly plunged into the
depths of the harbor in a vain en-
deavor to escape. The angler played
with him for a while, and then, feel-
ing the line tighten in his hand and
the strain become steady, began to
haul up. He soon realized that he
had at the end of his line one of the
heaviest catches he had ever made,
and that it was apparently almost a
dead weight. He hauled away, how-
ever, until there appeared above the
water not only the fish that he had
hooked, but a bicycle, round the ban-
dles of which the fish, in his efforts
to escape, had wound the‘liné a num-
ber of times.

When the astonished fisherman had
sufficiently recovered from his amaze-
ment at his curious catch, he took the
bicycle ashore. There it was soon
identified as the one which had so in-
explicably disappeared. Strange to
say, the machine, in spite of the fact
that it had been at the bottom of the
harbor for fourteen months, was put
in running order again.

“ IT RAlNED DOGS.”
Chose Who Played aJoke Upon the Mayor
Will Hardly Repeat It.

“Once in my experience,” said the
Montana man in a musing tone, “I
am remember when it actually rained
logs. The shower did not last more
than five minutes, but they came very
lively while they" were coming. The
way it came about was this:

“We thought we could play a joke
on the Mayor of the town in which I
lived. When I say we, I mean’ the
Board of Councilmen. The Mayor
had been heard to say that he wanted
a dog, and along this line we worked
our joke. W'e resolved ourselves into
a committee of the whole to hunt
down all the dogs in the towu: There
were a good many dogs in this town,
a good many that seemed to be ‘their
own dogs,’ so we collected all of them
together, and placed them in the May-
or’s room one night. He was a bach-
elor. and had chambers over the first
floor of the house which was known
as the Town Hall, The president of
the board and myself had collected
the dogs, and while the other Council-
men took- the Mayor to help them

decorate the town a bright vermillion

hue we slipped the animals into his
room. We then joined the rest of the
Council. _With due respect we all saw
the Mayor to his home at about 2:30
the next morning. The Mayor was
oblate walk 'alone, if 'it was so late in

the morning; so, letting him go by

himself up the steps to his rooms, we
stood under the windows to watch

- what would happen next.

“Soon we heard a struggling sound,
light
showed in the windows; The win-
dows were thrown up with a crash.
Amid a chorus of wild yelps and
muttered curses the shower of dogs
began.

“Look out!” shouted the president
of the board, who was the $St to get
control over his laughte as the
shower commenced slackening, ‘he
will begin to shoot!’

“The warning came none too soon,
norscarcely soon'enough. I thought
the next day, as I examined the bul-
let hole in my hat. There was a glit-
ter of bright steel in the window
above, and then that Gatling gun
sound which 5.1:; 3 Montana man
can make a pistol produce.”

The Chair was Bare.

_It was at one of the many delightful
afternoons given by Mrs. Cleveland at

her residence on Madison avenue, New ,

York, shortly after she had stepped
temporarily from her position as first
lady of the land. Among the furniture
in that puritanical looking drawing
room where she dispensed a charming
hospitality and won the favor of the ex-
clusive set in New York society, was a
specimen of those tiny _' 1.1. painted
chairs that are ever warning you they
are not meant to be sat upon, but which
are so dear to every woman’s heart. A

”friend of mine tells me that on the oc-

casion in question he was about to sit'
upon this one, when, as his avoirdupois
was considerable, he looked around for
a chair more suitable to his dimensions.
Mrs. Cleyeland noticed the movement,
and with a graceful command said:
“Oh, don’t be afraid; all the furniture
in - the house is made for heavy peo-

ple.” . ' '

This good natured reference to her

husband’s adiposity evoked a. smile *

from the gentleman, and, as every stout

man thinks the other man is stouter

than himself, he felt a sense of security

in accepting the profiered seat—Wash-

ington Post. . . .

One Having Authority.

Voice at the Telephone—Major, will
you please bring your family and take
supper with us next Sunday?

._..-vant Girl (replies back through
telephonej—Master. and Misses are not
in at present, but they can’t come to

supper, as it’s my Sunday out.—-Bos- _‘

ton L} lobe.

"Help. Helpll” cried the man, who
“Calm, yourself,”

-4

\.

0/:-

 

Woman Sun‘rnglstl In Kansas.

ITOPEKA, Nov. 13.-—-The Kansas Equal
Suflrage association, now in session here,
announces that the women of I‘. nsas have
grown tired of begging axis or that politi-
cal'organization for favors, and that they
propose to become a lively factor in Kansas
politics. It was also decided to ask the in-
coming state legislature to grant to Kan
sas woman suifrage.

Gross Fraud Alleged. *

SANTA FE, Nov. 13.—Delegate Cattron
announces that he will contest the election
of Ferguson as delegate" to congress from
this territory. He alleges that he has pos-
itive evidence that many fraudulent votes
were cast for his opponent at the recent
election.

A Change In California Returns.

SAN FRANCISCO, Nov. 13.—0fiicia1 re-
turns from all the counties in the Seventh
congressional district show that Castle,

Democrat and Populist, has been elected

over Bowers, Republican, by 90 votes.
. O

 

Burglar Killed.

BATAVIA, N. Y., Nov. 13.—-One burglar
was shotto death and another was wound-
ed and captured in Elba, Genesee county,
while they were resisting arrest after en-
tering W. A. Hundrenart’s store. The
burglar alarm awakened. the proprietor,
and he, with a body of citizens, surround-
ed the store. The robbers were fired on,
but returned the fire. The wounded man
says his name is George Stevens.

 

AtaWeat Point Bail. ‘
At the dances given at the great
military academy nearly everything is

reversed. As the Cadets are virtually

prisoners, not allowed to leave the
grounds except upon certain occa-
sions and at certain times,and as they
have precious little pocket money, all
the calls and attentions and the like
must come, from the girl. She it is
who sendsthe youth flowers, sweet-
meats and so forth. She calls upOn
him, and, indeed, altogether takes the

initiative in a curious leap-year-like.

way at total variance with what she
will experience in after life. The
very novelty of it is interesting,
though. A first experience at a. _West

Point hop is not likely to be forgot- -

ten. Every girl who is to be present
is duly registered in a big book, and
if she is not already supplied with a
regular escort, the “hop manager" se—
lects one for her, but when the girl,
duly chaperoned, arrives at the hop,
she finds that she has filled her dance
program with the names of cadets
whom she possibly never even saw.
This may strike the girl as a trifle
cut-and—dried, unusual and, savoring
decidedly of military discipline, but it
is the West Point way, has been so
for years, and there seems to be no

 

 

likelihood that it will ever be altered.

 

MN

The Combination

Bay State Hot Water and Hot Air Heater has
From it you get indirect
radiation, which is greatly to be preferred to
direct hot-water heating. The hot-water heater
simply warms the air over and over without any
provision for ventilation.
Bay State receives fresh 'air from the outside
constantly, heats it and drives it all over the
house. You should appre-
ciate the value of. indirect
radiation. We can tell you
all about it if you write us.

many advantages.

BARSTOW STOVE co.

228 Water St., New York

ZWWN

 

The Combination

 

Consult your
local dealer.

Foundries—Providence, R. 1.
Boston Office—56 Union St.

W»

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Brooklyn Vault Light Company,

MANUFACTURERS. ‘

r

 

 

 

SKYLIGHT-

iND PATIENT LIGHT DESIGNS. .

 

‘1

 

OFFICE, 481 BRIGGS AVENUE, *
BROOKLYN. N. Y.

 

 

 

The War
recently

Result: Bids from $ to
$100 each for Columbias, their in

 

I! van are ablo to pay $100 for
a bicycle, why be content with
anything out a Coiumhia?

 

 

Chosen. by the

Governmen

artment totastthebicyclefmarmymand
WWW ' W ‘°'“‘“’“”’°“°'

"."‘1‘cycles,+

STANDARD OF THE WORLD.

The experts who made the choice de-
cided that Columbias were worth every ,. .'
dollar ofthe$100askedforthem. _1.

.Beautiful Art Catalogue of Calendars and Hartford Bicycles is free if you call “POD any
Columbia Agent , by mail from us for two 2-cent stamps.

POPE MFG. 011)., Harp-"0rd, Conn.
Bunch Stores and Agencies in almost every city and town. If Colombian are not
" properly represented in your vicinity let, us know.

 

 

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