Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-04
TOO HOT FOR WORK.
Old Sol a Little Too Much for the
Local Business Community.
A CHANGE ANXIOUSLY AWAITED,
Important Decisions of the State Supreme
Court Affecting Realty.
GOOD NEWS FROM THE TOBACCO STATES

Gentlemen who do business on Fourth
avenueCthe Wall street of Pittsburg-
evinced very slight disposition to push
things yesterday. In running a tilt
with the sun they were sure to be knocked
out. Old Sol was monarch of all he sur
veyed. The sunas of Paetolus was more in
vlting than was the dust, which lay inches
deep everywhere ready to rise up in clouds
upon the least provocation. The atmospheric
conditions favored nothing so much as repose
in ''sone vast wilderness, some boundless con-
tiguity of shade"
Nevertheless, the day was not given over
altogether to idleness The banks did the
usual amount of business. Real estate men
were fitting here and there. as they could
stand it, in pursuit of ''snaps." The stock
market was opened and closed by Captain Bar
bour. A few traders in petroleum assembled
where lambs were wont to be shorn and went
through the usual programme. But all this
was done in perfunctory sort of way, which
showed as plainly as if expressed in words that.
though the brokers' agents and others were
present in the body, in spirits they were buffet
ing the waves at Long Branch or Cape May,
looking with rapt attention upon the scenery
of the Hudson or luxuriating in free-and-easy
sorrof way amid the wild scenery of the Allie
ghenies or the Adirondacks.
Hope is said to spring eternal in the human
breast. The business men of Pittsburg are
full of it, as they have good reason to be.
Though they cannot compass impossibilities,
though they cannot maintain their cerebral
rigidity in the fiery furnace of the sun, they
are prepared to make things hum as soon as
the weather shall become more propitious.
haV 10
tion, and they have the grit to do it-and do it
they will. A few weeks at most will bring
about change id business in this great city
which will more than make up for the depres-
sion of the present and the past. This change
is sure to come; there is no doubt about it.
Let everybody prepare to make the most of it.
xr1
According to the decision of the Supreme
Court of Pennsylvania, in Howe's appeal, a
will devising the proceeds of ''all my property,
consisting of bonds. mortgages, ground rents,
stocks and personal effects in the State of
Pennsylvania" does not pass the testator's real
estate. The Court said: '1t is argued with
great earnestness for the appellees that the
words all my property must be construed as
evincing an intention to dispose of all the tes-
tator's property in Pennsylvania, both real and
personal. If there were no other words of de-
scription, of course this conclusion would be
indisputable. but the mere fact that there are
other words, which being literally read do re-
strain the generality of those words, and limit
them to certain indIviduated species of prop
erty, is itself proof that they were not intended
to have this general meaning. Else why insert
the additional words?"
Here is another decision of the same court,
which is of general interest: The Pennsylva-
mia act of March 20, 1897. makes judgments
entered in courts of record liens on the real es-
tate of defendants for the term of five years
from the day of the entry or revival thereof,
and provides that no judgment shall con-
tinue a lien on such real estate for longer
period than five years from the day on which
such judgment may be entered or revived, un-
less revived in that period by agreement of the
parties, or writ of scire facias to revive the |
same be sued out within said period" The |
Supreme Court of Pennsylvania held, in Lutz's |
appeal, that where judgment was entered on |
April IL, 1876, and April IL, 1881, fell on Sum-
day, scire facias issued on the following Mon |
day april 1s), to revive the judgment, was in |
time to save the lien.
Special reports to the Ne,o England Home
stead from all the seed-leaf tobacco-growing |
sections of the United States indicate fair |
yield of good average quality. Farmers have |
sold out their old crops, and the pros
pect for reasonably good prices is excellent.
The Pennsylvania crop occupies fully as many
acres as last year. including Il, 900 acres in the
single county of Lancaster. There is ten
dency on the part of growers to set large
patches of tobacco yearly, but comparatively
few farmers new to the business embark in it.
The crop is about equally divided between
seed-leaf and Havana seed. The yield as well as
the quality will be fully up to the standard,
not less than 45 900 cases in Lancaster county.
where it averages l,450 pounds of seed-leaf and
10 pounds of Havana seed per acre. The crop
will be mostly housed by the end of the present
week. Twenty cents has been offered in one
,ase for the first and second grades with the
illers thrown in.
Press dispatches from Kansas CITY, Mo- a
'ew days ago. stated that many of the large
herds of cattle in that State and Indian Terri
ory were afflicted with Texas fever 'or some.
hing worse" The suspicion that it was some
hing even worse than the infectious and
leadly Texas fever was founded on the fact
hat the disease attacks Through Texans" as
he cattle driven up from that State are called.
hey being usually exempt from the better
lnown disease. In answer to telegraphic in
JURY, Brddstreers correspondent at Kansas
Jity wired as follows, on Friday: Reports of
Texas cattle fever ravages are unfounded
they have been less than for several wears
,ast. No cases are noted here, or by our agents
n the Southwest, for three weeks pastn
1t is found on investigation that the causes
ssigned by debtors tor their insolvency are
ften unrtuly stated. In about third of the
ases failure is attributed to illness. either of
he debtor or of some member of his family
ut in few of these cases is it found that i'll
ess has played any part In the failure. Among
ther causes which are assigned for failures
re competition, insuficiency of capital de.
ression of trade and bad debts. In a consid.
rable majority of these cases the official re-
eiver is inclined to believe that incompetence.
ersonal extravaganza and the reckless giyinc
f credit are the real causes Embarkinp in
usiness of which they have no special knowl.
dge is fruitful source of failure among re.
all traders.
There is no better evidence of the financial
oldity of the South than the confidence with
'hich the farmers are willing to hold on tn ,
heir cotton. Usually the crop has been mort
aged much ahead, but now the farmers them
elves are able to hold on to their product and /
revent breaking the market. There is moth. ,
lg speculative in the movement at all, but it is
very good sign when the producer is able to ;
old on to the crop and not be compelled to
ccept the terms of the buyer. ;
CTnNES IN TUE MINDS