Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1889-11-07


Tor q long period which |. infinitely more
provoking and depressing 10 . bushes man
than an ah-oluts failure or assignment
How closely every one in TrAfnlays bun-
ness circle watched the iron market There
was not an industry In tho world In the
least degres dspsndeut upon iron which
they did not also watch cin~ely and
dssiace apparent probabilities which thsy
exchanged With one another The pro
castings u congress, the results Of cleo
tons, the political movements abroad thAs
tended TO either peace or war. became infsr-
ssting solely through their possible infiusncs
upon the iron trade Again and again they
we're sure that tbs active and upward move
ment was begin at once; the opening of long
co~ed until TO execute . small order, even .
longer interval than uapal betwssn tbs cls
ings u nails, was enough to lift up their col
isctive hearts for . while Then all would
bscome faint hearted again when they real
lied that they, like Hosea Biglow's chanti-
eleer, had been
Mistakin' moonrss fos the break O. day
But suddenly, through CAUSES that no ous
had forsseeu, or which al had discounted 20
often that they had feared TO consider them
again iron bogan to look up, some small or
ders, Of long ahssnt kind, began 70 cresp
into the market, prices improved . little -
stock depleted. several mills made haste to
open, and prudent Dealers who had been
ks.ping down expenses for months and Year,,
now began to talk hopefully Of what they
expected to do in the line OF private expendi
lures
Good news flies fast, Me upward tendency
Of iron was soon talked Of in New York's
thousands Of down town Offices, where, to IN
outside observer. talk seems the principal in
dustry Men in other businesses that were
depressed began Ia consult iron men who had
weathered the storms and endured the still
more destructive Gains Of the long period Of
depression Bankers began to greet iron
men with more cordially than Of late An
nouncements Of large orders for iron given
by certain railroads and accepted by certain
mills began to appear on the tapes OF the
thousands Of stock indicators throughout the
city
II naturally followed that Mr.. Marge, To
whom the aforesaid tape seemed the breath
of life began To wonder whether. In the laB
gtage of Wall street, be bad not priv
lege' upon which he might realize" II the
upward movement of iron was to continue
and become general, rrainlay would I'm
doubtedly he among those who would benefit
by H. Would the result be- immediate, or
,.o,,ld r,,,lav frs, b.v. IN go ipto bouida-
,ian .s,., nh, manner If many merchants
,,no ,hr.,,,h i. lone d..,r.ssinn keen nm nm
,,,...,,,,,.', If bus,,,..s Inch IL DESTROYED by
~. d., ,,,,,ortn,,tv for a,.ttal transactions.
NJ, taII lo,,, b.,f,r,. for business nurrsoses
,,,.Ja' ..,,,,. .couaint,,c,x in IN. hank with
which Tramay did business but he did not
lara tn ,nnuir. ton nointe,ily about his
fri.,d-. balance md discounts Resides
u,r,s had harmed through the unfinished
seh..j,l.s ~ li,h,Iiti..s M numerous insolyents
,hn, .,,u t.,<,n,ss men nav, IA woy of bor-
rr,,,,,, ,ri,,telv AMI iarveIv from relatives
and friends
IL, ,.o,ld r,sL oothin, at anv rate nv n
,.n,l. and graceful incrsase Of attention to
Iue,, Fla aattered himself that he WAS
,..,;... ,.,,,.,,, .a,.oiII dir.,,, ,ro,,..l nm
IN ,,,ch ti,,., ~ ,ni.,ht entirely snit him As
for Ire,, .he yas too fond of the measures
- a., s.,.so,, ms, ,lo,t =, ono, r., bold him
20 a,,.c,,,, ,,,r,. bs IN ofrsr her some NJ them
Tha SUGGESTION that bis mans had a MERGE
-, -. A ma, ...,..,. hin, far av.p a
sl.v. Of tho sto.k tam, may have cnn.,iera-
-, i -, u..la.,,,,,
o'V ~. I.'e,a IN
.,.. 90 ,,,,,,i
'o' ne' p''>Ni'''o i '"I''''.'' ''e ""' 49,
gem gu nus, "s u'u M r''s .@',
ue' "'s' '"' ne, a. ''o '"' e"e' - ~''
ne uaa ie""S '''ei '''i',y So'> oV.o, ~
"ieHi ua'e Won ua'' no NV .",' W. "e'io
crate nut us inconie was nov hl'ee enough
TO support the ESTABLISHMENT ne wou'd want
a' married man 10 ne "ou" nave 70 oe
pend I" certain extent upon MS ""e' UT
upon h"i 'ather'
IL WAS solely with TINS view, ne explained
TO himself, that he hah made careiui recon
noissanee> IN other directions II some ladies'
who would have been acceptable-Miss Agnes
Dinon. Tor instance-had not been abe 70
estimate HIM rightly as n matrimonial candl-
date, he was sure that they as well as he had
been losers through their lack OF perception.
As matters now stood, Lucia was his only ap
parent chance in the circle where he belonged
and preferred to remain his purpose 10 al
vance his suit was quickened. within very
few days, by the announcement on the tape
that a rolling mill in which he knew Tramlay
was largely interested had received a very
large order for railroad iron and would open
at once.
But indications that iron was looking up
were not restricted to the business portion OF
the city Tramlay. who, like many another
hard headed business man. lived solely for
his family. had delighted his wife and daugh-
ters by announcing that they might have a
long run on the continent the next year. And
.spo any Of YOU know where that young
Havp is stopping, | want him
"Why. EdyarI- said Mrs, Tramlay
What are YOU going to do to him, papa r
astai MARCIA seeing that Lucia wanted to
know but did not sem able to ask
"Iwant another clerk. was the reply. and
believe Hayn is Just my man can teach
him quickly all he needs to know. and | want
some one who am sure hasn't speculation on
the brain. nor any other bad habits That
Young Havn commands respect---from me, q
sny rate used to find down in the ccantry
that he. like his father, knew better than
what was going on in the world | believe
he'll make first rate business man. I'm will.
ing to try him. at any rate.
Marge stole a glance at Lucia. that young
lady vas looking at a chicken croquette Al
iutently as If properly to manage such a
morsel with fork required alert warehful-
ness
{ The idea Of a farmers boy in New York
merchants counting roomi" exclaimed MrA
/ Tran,lay
You seem to forget. my dear. that nearly
ali the successful merchants in New York
( were once country boys, and that all the ne"
men who are making their mark are from
every here but New y sk itself
49,.
young hsyn n @ns'oie - y's 'n'nA
n, ue VII. pfo'"o'y . W." env"s" 70
~ so1r ""ei anu " - '" us .A."
Aou iSn w. W N, 'uA' ~
~ooia ra.nee oe IN 'oe'' business 'nan your
nTght "on'Ahl repneu irahiAy, Win