Evening star. [volume] (Washington, D.C.) 1854-1972, 1886-12-01
The Cent i'm Demand.

from the Detroit journal.
Two months ago the American copper cent was
the most despised coin on the market. Ladies
turned up their pretty noses at it. bank presidents
issued edicts that no copper cents need apply at
their banks for deposit, business men looked
askance at it, and the copper cent had scarce
where to lay its head-Or its tail either for that
matter. The newsboys, the beggars and the dime
sands Of homeless cents found their way into the
Dime Savings bank In Detroit. They grew so
many at last that Cashier WOOfelden was obliged
to buy new safe for their especial accOmmOda.
ton. Even this became filled and the cents were
obliged to lie in great heaps upon the floor Of the
Suddenly the cent seemed to jump into favor
again. First the stream pouring into the
Dime bank slackened and then almost ceased.
for me the nt poured eus aopps
cents like water, until at length all their Store
was exhausted. The other banks experienced the
run, but their supply gave out sooner. To-day
the cent is the most eagerly sought-rOr coin In
Detroit. It's intrinsic value amounts to but one
chants, VINO pay $40 for ten hundred cents 1actual
value 81 with all the gladness possible In some
cases they have even offered a premium. Every
round town locking for cents everywhere and
the United States minis are unable to supply the
demand. The Dime bank recently put in a requisi-
the order could not be filled for two months.
The copper coinage OF the United states amounts
to s. o90 COO For three years back no copper has
been coined in this country, owing to the overplus
OF cents, until recently, when the increased de-
mand obliged the minis to resume. Questions put
to leading Detroit bankers failed to elicit any ex.
PLANTATION OF their peculiar and sudden demand for
cents. At last clerk was found In the First
National Bank who said that the demand was not
felt out in the smaller cities OF the state and that
In Detroit 1t came almost entirely from the large
retailers.
81 never thought OF it before said Bruce Good
fellow, "but 1t Is easily explained OF late all the
fancy stores, notion stores groceries, ETC., have
been marking down their goods to fractional cur
rency. II price was 81, for instance, they would
charge So cents; II % cents - cents; IL 20 cents
Is cents, and SO on. They are all doing it now and
doubtless creates the present great demand for
cents.
The MEXICAN CENTRAL NEUTRALITY-SUSPICIOUS.
John w. Foster has been in the city OF Mexico for
ten days in conference with the president and the
minister or public works on behalf OF the Mexican
Central Railway company. 1t Is said that he has
succeeded In enecttng satisfactory arrangement
with the government, whereby work on the
branches from the main line TO Tampic0 and Gua-
daia lara Will be begun at an early day ana
pushed forward rapidly 20 completion.
IsK AND FINE FOR KrssEs.--James A. Shaw, q
leading business man, was the defendant I'm court
In Indianapolis Monday In an Interesting case
pretty bOOk-keeper, who charged that he had at
tempted to kiss her while she was attending to his
accounts She resented the liberty by throwing
her 1nkstand at his head and SCATTERING the fluid
over his face, after which she left her employer.
MI. Shaw was lined
Carl r. Liebold, one OF the best known homeo-