\
DISAPPOINTING MONTH.
January Has Not Succeeded In Com-,
ing Up to Expectations.
Noimrnovsusur IN PRICES
Harmful Efleot of Exaggeration4-The 0111:-
look Promising—Money Markets In
Good Condition — Analyzed
Fannres 61 the Month.
NEW YORK, Jan. 30.—R. G. Dun & Cot!
Weekly review of trade says:
January has been a month of disappoint-
ment, but of real gain. Nearly everybody
had promised himself a land of milk and
honey- after New Year’s, and the slow
progress looks like standing still to men in
such a state of mind. Moreover, there are
multitudes throughout the country who
have been taking large ventures in ad-
vance of or apart from their regular busi-
ness because they expected a rise in prices.
But prices fail. as yet to bring them profit.
W heat has declined severely, cotton has
scarcely risen enough to pay brokerage,
wool holds steady in spite of enormous
buying, woolen goods hardly change in
price, iron and its products decline, leather
., is sluggish, hides aie lower and some shoe,
manufacturers acceptashade lower prices,
the average of railroad stocks is slightly
lower than it was Dec. 31, and the advance
in trust stocks has been small. To traders
in such properties the month has been dis-
appointing. Yet during the past week the
record shows that 10 iron works have start-
ed, and ,Only 2 have stopped, 13 woolen
works have started and 9 more are
about to start, while 3 have stopped. Sim-
ilar things are seen in other industries,
and the additional establishments me not
starting without some increase in orders
received.
It would do more harm than good to ex-
agg erate the improvement. Much harm
was done in that way in 1895 and again
last November. But a study of conditions
governing business indicate that the
wheels are on the right track and moving
in the right, direction. Men talked of a
possible drain of gold a month ago, but
January has passed and the liquidation of
foreign indebtedness to this country seems
farther off than ever. Merchandise exports
from New York in January have been
‘about 4 per cent larger than last year, and
imports 15 per cent smaller than last year,
when the excess of exports was over $18,-
-,000 000, while cotton exports from other
ports has also been larger.
Money Markets.
The month has not diminished, but has
increased the current balance due this
country. Money markets become more
easy and favorable to expansion of indus~
tries and legitimate business. Loans on
the best paper are made at 3 per cent, and
dealings and offerings are larger than since
September, except for two weeks in No-
vember. About $10,000,000 of the long
exchange sold here against London has
gone forward for settlement, which may
possibly lead to imports of some gold, as
balances on commercial account, though
smaller than for some months, are still in
favor of this country.
’ The decline in wheat, nearly 6 cents, in
spite of an official report of yield far below
estimates generally accepted, reflects per-
ception of the error of the report, and also
of the influence of enormous exports of
corn'instead of wheat, 80,000,000 bushels
in seven months, of which details are giv-
en en the next page. When two bushels
of corn can be had for less than one bushel
of wheat, it is largely preferred in Euro-
pean markets, and in January 8,109,158
bushels of corn have gone abroad from
Altantic ports against 6,000,000 last year,
while Altantic exports of wheat and flour
have been 6,542,925 bushels against 8,403,-
765 last year. As the great crop of corn
prevents much advance in its price, its
outgo affects thedemand for wheat, and a
heavy liquidation of speculation has oc—
curred, with the price of corn Scarcely
changing. The largest article of export at
this season, goes out freely, but cotton
looks less ., attractive to traders, because
‘ American millers are laboring over plans
. to reduce a great surplus of. goods, and
prices of many have declined. Takings of
northern spinners have been in five months
44,000 bales less than last year and 423,-
000 bales less than in 1894- 5.
I Large \Vool Sales.
Sales Of wool in January have never been
surpassed in that month, nor in any other
month except last November and July of
'1895 and 1892. In the earlier years sudden
demand for consumption was the cause.
But the increase in orders for woolen goods
was small in November and has been small
in January compared with the purchases
to anticipate possible duties. The price has
remained about steady. The yielding in
some grades of boots and shoes has not
continued, leather is unchanged and hides
scarcely a shade lower, but shipments
from the east for the month have been 15
per 'cent larger than last year and only 3
per cent less than in the largest previous
year. The iron and steel manufacture
shows little gain, production having in—
creased so heavily before, and the gradual
enlargement of demand for finished prod-
ucts has not overtaken that increase.
Lower prices result for bessemer pig, gray
f-orge and for southern iron at Chicago, for
angles and for out nails, and the average of
all quotations is the lowest since early last
year. For sheets there is active demand,
and better also for bars, on account of
,much car building. Tin and copper are a
shade stronger, but American competition
causes sales of tin plates 10 to 15ccnts be-
low the agreed price.
Storms have much diminished the busi-
_, ness of railroads, but earnings in January
are only 4.6 per cent less than last year
and 9.1 less than in 1893. Eastbound ton-
nage from Chicago, 8 per cent less than
last year and 5 per cent less in 1893, is af-
fected by the same cause. West bound ship-
ments of coal, coke and iron are small.
-.Prices of railroad stocks are but a small
fraction lower than Dec. 31, while some
stocks have considerably advanced. The
. market is very narrow, but supported bet-
ter than any expected.“ The volume of
business {shown by clearing house ex-
changes is 10.8 per cent larger than last
year, though still 20. 8 per cent smaller
than in 1892.
Failures in 21 days of January show lia-
bilities of $11,913,637 against $17,836,511
in 1896, $10,685,060 in 1895 and $25,811,-
840 in 1894. Manufacturing were $4,390,-
‘785 against $6,661,129 last year, and trad-
ing were $7,206,502 against $10,317,360
last year. ‘ '
. A Fire Captain's Suicide.
CHATTANQOGA, Jan. 30.—Wi]liam Por-
ter, 41, a captain of the Chattanooga fire
department, committed suicide today by
, shooting himself through the right ear.'_
' Temporary insanity, resulting from a. blow
on the head received some years ago, is
. given as the cause.
URUGUAY’S 11.1.3119.“
.Bevolntinniets Again Aotivo and Renown! '
of the War Imminent.
Mournvao, Jan. 30. — Advices re-
ceived here indicate that the, insurrection
in this republic has not yet been suppress-
ed. President J. Idiarte Borda has re-
ceived news to the efiect that the South
American Indians are holding meetings
daily. These meetings are believed to be
hostile to the government of Uruguay.
The white settlers on the Argentina and
Brazilian frontiers ares said to be in dan-
ger from the insurrectionists, and a gen-
eral uprising is expected. It 13 feared that
a state of siege will soon be declared, and
a rigorous censorship of telegrams is look-
ed for.
The insurrection in Uruguay com-
menced to attract general attention and
cause alarm during November, 1896. At
that time the federal troops met with dis-
aster at the hands of the insurgents who
crossed the Brazilian border in Uruguay.
General Muniz, the Uruguan command—
er, met General Gumercindo Saraiva in a
hotly contested engagement and was de—
feated, the son of General Muniz being
captured and put to death. General Sarai-
va, who is at the head of the revolution-
ary party, was formerly one of the leaders
in the revolution in the province of Rio
Grande do Sul, Brazil. He commanded
the land forces at the engagement at Rio
Grande City, and, assisted by the rebel Ad-
miral Mello, left that town almost in
ruins.
LATIMER JONES ARRAIG—NED.
He Declares He Has Restored llIuch of
the 111 Gotten llIoney.
LOSDON, Jan. 30.—Latimer Ridley J ones
of New York, the horse breeder and spec-
ulator who was arrested in extradition
proceedings at Scarborough yesterday on
the charge of forgery, large amounts be—
ing involved, was brought up before Mr.
Franklin Lushington, the presiding mag-
istrate at Bow Street police court, at 11 :30
a. in. today. The United States embassy
was represented by Mr. Hodson. Inspector
Jarvis of Scotland Yard proved the arrest
of the prisoner, and Mr. Arthur Gill, for
the defense, made an application for bail.
In so doing counsel said that since the al-
leged ofiense Jones had been to the United
States, and that for three ye cars past he had
been in communication with Mr. Benja-
min L. Ludington, the Broadway lawyer,
who is said to have advanced Jones from
$100, 000 to $300, 000 on notes bearing
forged indorsements.
Jones, it appears, became quite promi-
nent in 1886 and 1887 as an active organi-
zer of the Orange County Stock Farm com~
pany. the Bell Electric Light company and
the United States Dredging company.
The warrant upon which Jones was ar-
rested only charges him with forgeiy to
the amount of £22,000, and counsel assert-
ed that his client had already paid Mr. Lud-
ington more than one-half of this sum.
Mr. Lushington, however, refused bail,
and the prisoner was remanded until
Feb. 6.
DEATH OF GERT_RUDE PALMER.
She Is the Third Victim— of the Murderous
Frenzy of Arthur Palmer.
lVIAMARONECK, N. Y.', Jan. Bil—«Ger-
trude Palmer, the third victim of the mur-
derous frenzy of Arthur Palmer, her broth-
er, died early today. Her death was due
to peritonitis. -
Arthur Palmer, who is now in jail at
St. Louis awaiting extradition to this
state on a charge of murder, shot and
killed his mother and hisbrother Leonard
Palmer and wounded his sister Gertrude
on the evening of Jan. 18 at their home
neaeramaroneck. The Palmer household
consisted of the mother, the two broth-
ers and the sister. Arthur had a milk
route in Larchmont. He was married, and
his wife for a time lived with, his family,
but was in Toronto when the tragedy oc-
curred. The young man was always
decmed peculiar by those who knew him.
Mrs. Palmer and her daughter were sit-
ting in the kitchen at 6 o’clock on the
evening of Jan. 18 when Arthur entered,
and after inquiring if Leonard was at
home whisked out a revolver and fired
several shots at his mother ahd sister. The
mother was killed almost instantly and
the sister badly wounded.
The man then ran out, and meeting his
brother Leonard entering the house killed
him. He then fled. He was caught in St.
Louis on Wednesday night. It is believed
that he is insane.
KLEIN AT LIBERTY.
Justice Hurd Decides to Release Alleged
Brooklyn Firebug.
BROOKLYN, Jan. 30.—Jacob Klein,
whose third trial for arson resulted in a
disagreement of the jury, was released
from the Raymond Street jail today on his
own recognizance.
His lawyer, Robert H. Elder, appeared
before Justice Hurd in the county court
this morning and moved for Klein’s dis—
charge. .Mr. Elder said to the court:
“There is no necessity of my rendering
any statement about the facts of this case.
Your honor knows them perfectly well.”
Justice Hurd nodded his assent, and,
turning to District Attorney Backus, ask-
ed what he had to say about the matter.
“I have nothing to say, ” replied Backus.
“You will take. an order, ”' the justice
said to Mr. Elder, “releasing Klein on his
own bail, at, say, $100.” Elder went out
to prepare the papers. I
Mr. Elder was asked what. would be
donein the case of Zacharias Snyder of 152
Ridge street, New York, who has been in-
dicted for perjury in having, it' }s alleged,
sw0'1n falsely on the trial of Kleln.
He said he supposed the indictment
would have to take its usual course.
“It looks like persecution to me,” said
Mr. Elder. “This man Snyder and some
other witnesses are not as well up on dates
as some other people.
“ They may have been slightly mixed in
trying to explain the various times at
which the lodge meetings were held to
which Klein belonged. It is an unimpor-
tant matter,
one might make an error. ”
Surgeon General llIcParlin Dead.
AVNAPOI IS, Md, Jan. 30. -—Surgeon
Genei a1 McParlin, U. S. A. ., retired, died
here at an advanced age. He had been sick
for somcL'timc. During the late war he was
surgeon general of the Army Of the Poto-
mac. He lcavcs four daughters, one of
whom resides in Peru.
Fatal Railroad Wreck.
ROCHESTER, Jan. 30 —Henry Snyder,
conductor. of Rochester, cand-
George 61.1ston were killed in a wreck on
the 13.. R. 1111,11 P. road near Leroy.
Juan M. C. McLain of Rochester was in-
jured, probably fatally. Brakeman Robert
, McLaughlin was pinned under an engine.
Fireman P. R. Ryan and James Carrigan
of Rochester were badly hurt. The colli-
sion occurred between a time freight and
a snowplow.
and one in which almost any '
Trainman ’
Fire-
THE EVENING GAZETTE
11? STOP TWLENISM
The “Butcher” Will Soon Be Super-
seded as Governor General.
120111111111 T0 succsrn HIM
Canonsgniuntiafled With the Conduct of
Affairs In Cuba—The Three Friend.
Case Again—Volunteers to .
Aid Insurgents.
LONDON, Jan. 30.—-A dispatch from Ms-
drid says that Lieutenant General Azcar-
raga, the Spanish minister for war, accord-
ing to report, will soon be appointed gov-
ernor genera! of Cuba. in succession to
General Weyler, who, however, will retain
command of" the military forces of Spain
in that island.
The Reign of Blood to End.
WASHINGTON, Jan. 30.-—The special cor-
respondent of The Journal of New York
has sent the following to his paper: The
advices \Qiich have been rceeived from
Madrid that Weyler has been supplanted
by General A zcarraga show that the reign
of terr01' ism and corruption, of blood and
robbery, which the“butcher” inaugurated
and has carried on in Cuba, will soon be
over. The advices indicate that by or be-
fore the lst of March his successor will be
on the way to Havana.
Marquis de Apczteguia, leader of the
Cuban conservatives, went to Spain, as
announced in Colonel Money’s articles, to
lay before Canovas the tale of Weyler’s
brutality, rapacity, inefficiency and cor-
ruption. His mission succeeded. He con-
vinced Canovas, whose patience was well
nigh exhausted, of what was already sus—
pected—namely, that Weyler and his policy
were Worse than failures, and that his re-
ports pf 111ilitary successes and of bloody
pacification were utterly unreliable.
Canovas is now ready to change front
even more completely in conformity wit-11
the views of Secretary Olney. Gradually,
so as not to shock Spanish conservatism or
wound'Spanish pride, he is making ready
for the changes in the reform laws which
are to be offered as a sop to the insurgent
leaders.
Canovas’ Change of Base.
As was told' Jan. 12 in Senator Elect
Money’s noteworthy dispatch, Canovas
consented to grant autonomy to Cuba, but
step by step he receded, and the only points
on which he has held out strenuously are
those regarding the existing corps of ofil-
cialdom in the island. The changes in the
Cuban code have all been formulated.
They are being held until Canovas learns
from trustworthy agents the exact situa-
tion in Cuba. He lll.;.)' announce the pro—
gramme next week. He may delay still
further for a brief period.
In the meanwhile the commercial clauses
of the treaty which Secretary Olney is ne-
gotiating with Minister Dupuy De Lome
are being slowly formulated. Two main
difficulties are operating to prevent speed
on this document. One is the new light
which Canovas has received on the Cuban
situation, compelling him to the conclu-
sion tint the mere tender of reforms will
not alone be sufficient to bring back the in-
surgents repentant to the forgiving arms
of Spa' .1 and that the greatest exercise of
diplomacy must accompany the tender.
Theother is that the tariff bill which the
way sand moms committee is formulating
for the spc (1211 session may knock out ev-
ciy 111111 ro: 211 })lO\l\1011 \1 Inch Secretaiv
Olney might laboriously work to a finish.
An American Volunteer Company.
S'i'oCK'rozx', (1211.. Jan. ESQ—Dr. C. H.
Bulson. late of the national guard of Cali- .
fornia, where he held the rank of major,
is assembling a (mnpauy of men in this
city to I.1ig: iize ('ubans in their figbr- for
in dei 111 d!" . 11', He says he hopes to leave
in a low o 1011:: for Tampa. or Jackson-
ville, 19111.. to embark with the other vol-
unteers for the scene of war. He said that
he was not organizing a 111i1it11ry company,
as it was against the law. but that the
v011111t1111s would take passage for Florida
non. inallv :1s111vate citizens.
\Veyler In Santa Clara.
HAVANA. Jan. 30.—-Capt:1in General
\\ ely or 11:. is z. rriv ed at llodcs. six miles
from ( 11- -rf111 os, 1.1m lll(0 of Santa Clara,
and camped ti. eie.
In the province of Matanzas the grind-
ing of cane. has commenced in the central
plantations of Gloria, Santa Filomena,
San anacio, Union, Santa Elena, Mer-
cedes, Socorro and Tolon. The first 500
bags of sugar arrived yesterday at Matan-
zas from the Mercedes plantation, owned
by Senor Carrillo.
The Case of the Three Friends.
WASHINGTON, Jan. 30. —The attorney
general today applied to the United States
supreme court for a writ of certiorari to
bring the case of the Three Friends, the al-
leged Cuban fllibustering craft, before the
court. ‘ 011 account of some. defect in the
paper, the court directed the attorney gen-
eral to bring the matter up on Monday
next.
;-.. ~-_... . ~.. .7... ___,._
Bnbonic Plague In Goa.
LISBON, Jan. 30.——l)‘ispatches received
here from Goa, the capital city of the Por-
tuguese territory of that name in India,
say that there are three( ((151.9 of bubonic
plague in the hospital there.
The Plague In Fox-1110.112.
Hr. Pn'rnnsrmne, Jan. filo—The officials
of the Japanese legation here confirm the
report that the plague has broken out in
the island of Formosa.
The Lackawanna Report.
NEW YORK, Jan. 30.—The annual re—
port of the Lackawanna shows a slight
fraction over 5 per cent profit on the stock _
for the year.
SKIN -TORTURED
BABIES
And rest for tired mothers in a warm bath
with CUTICURA SOAP, and a single application
of CUTICURA (ointment), the great skin cure.
CUTICURA REMEDIES afford instant relief,
and point to a speedy cure 0f torturing, dis-
figuring, humiliating, itching, burning, bleed-
ing, crusted, Scaly skin and scalp humors, ,
with loss of hair, when all else fails. ‘
Soidthron houcthlgwofld. PmnDnuemn Cum.
, I'D
0°“ "- 83°" Stand... Tortured mower...
SKINW “MP and 1m:- Beautifled by
"CUNCUBA SOAP.
r." "'
Tm" Ionihs of
Thief Ye’i.
N. Y. Office, 442 Broadway.
until April.
. m,
The probabilities” are that we will have Winter
We have a great quantity of
III Tililer Goods 5',"
list Go. .
Norw_alk,00nn. ” ' " . .,
llIlllllllllIIIIllllllIIEIIlIIIIIIllllllllllllllIIIIllllIlllllllIllllllIllllllIIIIIIIlllllllllllllllllllllIlllllllllIIllllilIlIlllIlIlllIllIllIlllIlIlllIllllIIllIIlllllIIIIIlllllI|IIIIlllllllllIllIlIlllIlllllllIllIllllIlllllllIl|l|IlllllIIIIllllllllllIiIIlIIIIllllllllllIlllllllllllIIIIIIIIIlIlllllllllllilllllllllililll
\
'.
WINTER DRY GOODS
yet, but now is the-time to sell them.
have cut them. so that y 7 ”
THE TN TESW LL MAKE THEM SN NU ,
W e
JACKETS.
All $12 to $14 Jackets one price, only ......... . ..$7_50 each
All $90010 $12.00 Jackets, no matter what they
at .................
.FURTRIMMINGS.
Mink, Thibet, Astrachan, Sable, and Black and Coney,
............................. 25 per cent off
cost, all at one price ........... . ............ . ..... $5.75 each
All $4.50 to $6.00 Jackets all at one price .......... $3.50 each
HESWMTINTEE UNDERWEAR
ALL MUST GO.
$1.50 Men’s Gray, White and Red all Wool shirts
and drawers, to clean out ........................ $ | .00 each
$3.00 Men’s \Vool, double and ‘single breasted
unease
250 Ombre Plaids .....
quality for ......
@@®Se
......................................... I 5c yard
40 m. Wide Matelaise cloth, in two tone shades ...... 250 yard
50 in. All \Vool Serge, ha
Brown and Olive, all good shades ............... 3| (3 yard
50 inch' Boule Mohair and “7001 Plaids,
. .................................. $ I ,00 yard
$1.00 Black Henrietta, for this sale ............................... 500
$1.00 Black Serge, in fine twill, for this sale .................. 75c.
y Black Heliotrope,
$1.50
Underwear, to clean out. ............ . ............. 750 each
750 Ladies’ Short Sleeves W'ool Vests..... ....... . ........ 50c each
Children’s Heavy Underwear all reduced to clean out.
50c Heavy Outing Flannel Shirts......~ ................ . ..... . ..... 390
BllNKETS.
All Wool Blankets at $3.25, $3.39, $4.25 and $553.
shall take 25 per cent. off.
KY 6
Men’s Heavy W'inter Socks, 3 pairs ................. . ............ 25c
Men’s 25 Camel’s Hair and Natural Wool Hose........... .. I90
MUFFS.
TOWELS.
r. . 50 D02. of llle finest towels ever brought to Noeralk for
people who like nice face towels.
for this sale we shall run them out for 250,
They are all 50c Towels,
12% Cocheco percales, _ yard wide, for this week, 8c,
ALL NEW SHADES.
This great sale shall be continued for another week.
have not visited this great white show in our popular cloak
s15 00 Seal Muffi. .................... , ............................ $ 10.00
7.50 Thibet Mufi‘ ............................................... 4.50
3.50 Russian Beaver ......................................... 2,50
3 25 River Mink... . ................. . ........................ 2,00
7,50 Russian Fox... I 3_00
BOAS.
$4 98 Mink Boas ......... > ......................................... $2,25 room, you have made a mistake.
2. 0 Feather Boas .................... .. ............................. $|.00
LADIES MUSLIM UNDERWEAR
Ifydu
This underwear is from
25 to 37% per cent, lower than we ever sold it before.-
This week we open our Spring and Summer Novelties
in Lappet, Lawns, Tissue Brode and Grenadine Mulls. You
are invited to inspect them..__..............111vr
IN THE
"ROOM 1, GAZETTE BUILDING '
lit HALF THERATE charged by other. stock companies
lHEBUSlNN STUR Cm. Main and Wall 83.
INSURE YOUR
PLATE GLASS”
Mutual Plate Glass Insurance Company
OF CONNECTICUT,
\ .
L’
1.
is erneeon,
NORWALK.
Norwalk Chronicler