The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1868-12-05
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NEWSPAPER GossIP. THE Fr.-
LdBUsTERING PRoJEcr DEATH
OF PBosIINEET CITIzENs, &C., &C.
Navigation is substantially closed
Now and then vessel makes its ap-
pearanee in the river, and an oeea-
sionsl whistle Is heard from tug at
some Of onF bridges, but the psrilous
journeys Of our seamen are nearly
over, and III q few days their vessels
win be stripped and laid up for win
ter. Though Chicago Is, par eScels
leyaoe, a railroad city, the rapid
growth and present magnitude of
her water trade is one Of the wonders
Of the times. Lash year the number
of vessels which entered this port
Counting only one Journey to each)
was | 1923, with an aggregate tonnage
of 2s9, ,765 tons. OF these, es7 were
owned in Chicago, 02s IN other parts
Of the United States, and 5sweref for
eign vessels. The number Of sailors.
living here last winter was over
5000. 1T Is safe to say that the busl-
ness Of the year just ending VIII show
an increase Of from ten to twenty per
cent, and yet 1t Is not forty years
since the first vessel entered the port
Of Chicago, and up to the year 1885
there was but an annual visit from
one little schooner.
The close Of navigation is benefi-
cial IN one respect. tt releases q
large amount Of capital, necessary to
the carrying on Of this immense
trade. and which win now 20 far to-
ward relieving the stringeney for
money IN other branches. ! do not
wish to convey the idea that business
Is stagnant here; neither would 1t be
proper to say it is as brisk as oiir
merchants had supposed il would be
at tiis, season. There Is an uneasy
feeling among bHsiness men, caused
not 80 fnEch By the action of the
stock gamblers in New York, as the
extreme caution eVinced by country
buyers. This is shown by the fact
that many, even among our heaviest
dealers, are consigning goods to our
leading anction houses to bedispOsed
of at a sacrifice, that they may Be
prepared to meet maturing liabilities.
For instance, VIM. A. Buffers &
4 Co., Nos. 5, z, 3, and ii Randolph
! Street, who last year sold over a mill
lion and a half dollars worth Of
| goods, tell me their sales will proba-
bly, reach two millions this year, and
they think much Of this additional
trade win be because Of the very
large eOnsignments they are now re-
ceiyiug from our wholesale mer-
chants. Twice aweelS- Wednesdays
and Thursdays-they have regular
catalogue trade sales of all classes Of
goods at wholesale, which are very
largely attended by country mef-
lchants, because they have an oppor-
tunity Of purchasing the very best
qualities Of goodsat their own prices.
These goods are not eoddsand ends, =
which are unsaleable in the stores Of
our wholesale dealers, but the very
best of their stocks, upon which they
expect to sacrifice and do often sacri.
flee to the extent of fifty per cent, to
meet present necessities; and 1t win
only be necessary to call theattention
Of your merchants TO these sales,
which are continned throughout the
| year, and say what almost every one
/ in the West knows, that Buffers &
Il Co. are among our best firms, and
never sell anything but what they
lguaTantee to be as represented, to
cause every country dealer coming
here to give them call before maxi
ling their purchase. We have no hes
itation in saying they will find 1t to
\ their advantage to do so, and the
best evidence Of this Is the fact that
one-half of the city retail dealers are
constant attendants at Buffers sales
and make q majority Of their puf-
ehases there.
4 Every few months there are rurnors
among newspaper men that w. n.
Storey is about to sell out the Daily
Times, and 60 to New York to pur-
chase the Sun or the World. Just
now the stories are revived, but 4 am
Inclined to think there Is little foun4
! dation for them. Storeyis profits
were over thirty thousand dollars
last year; and while have no doubt
he would like to 60 TO New York,
where be might attain q social ana
political position, he can never enjoy
here, even among his own partizans.
u still a cautious business man is not
Inclined to give up such d good thing
as he has for any uncertainty, and /
think Storey win stay with Us while
the Times pays as It does now.
By the way, all our newspapers
c0ntinue to do remarkably well.
The Tribune nude one hundred ana
fifty thousand dollars last wear. the
Journal from thirty-fye to forty.
The three concerns mentioned viii
increase their profits from ten to fif
teen per cent. this season, and ever
the Post and Republican have now
become paying establishments
, though their profits are yet small
Most of our religious aud agricHltnr.
al weeklies are also profitable, 40 ths
! newspaper business may Be consid
cred good one In the Card sitss
The Catholic clergy Of this oitl
\ have just met with severe loss. II
the death Of Rev. Patrick Dillon
pastor Of st. Patrick's church. II,
was formerly President of Notr,
Dame College, ia Indiana, and thonal
but 81 years Old, had acquired hial
!. position In his Church. He was
Igenial, pleasant gentleman, with rar
mental endoWments, and enicyed
d high reputation and extended infiu
ence, not only with the laitv, hu
among the brethren nf the cloth.
Walter s. Newberry, one of III
: told and substantial citizens Of Chl
cago, died the other day, while On ri
way to Paris, He WINS very wealthy
but was very close, ana his dent
win be no great loss 70 the commu
nifty IN general. He came to (llieap
in 1888, poor young man, and slie
a with q property valued at Eve Oh III
I millions. One piece 0f land While
hs bought for eleven hundred doi
lars, is now worth two and 4 M
millions. He still retained It at tn
\ time Of his death, and as it IA in th
n heart Of the city, ana covered wif
fstef