davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
4 GREAT PIG-IRON STORAGE COMPANY.
A PLAN 70 ENABLE FuRNAcE.owNERs TO RAISE
MONEY EASILY ON THEIR STOCK.


MONEY EASILY on THEIR STOCK.
Tho American PlgIron Storage Company has re-
Gently been incorporated in NewJersey with capital
of 81 100000 The object of the association is to
establish storage yards in different parts of the
country where furnaceow owners who have pigiron on
hand may store It and receive certificate from the
company that will be negotiable. The plan Is to
have central yard, probably In New-fork or
Philadelphia, whero any furnace-owner can store his
stock of pig-irOn and receive a certificate. Then
there are other yards TO be established near any
furnace that has stock of iron on hand on which the
owners want to raise money. The iron
Is to be piled and marked, and a
storekeeper, who will be a sworn officer
of the company Will be put in charge Of each yard
The certificate then issued will be negotiable similar
TO the Scotch warrants issued from the Connel stores
at Glasgow The small yards near the furnaces are
necessary in this country, for If there were but one
central ward the cost OF transportation would be too
heavy to make the scheme possible This plan, II
IS thought will regulate prices 10 great extent, as
furnace owners who are often Obliged to sell their
stock AT a low price IN order to raise money will row
be able to it and raise money on 1t to within
a small per cent of the market price
If Is denied by the promoters Of the scheme that
the object is to raise the price of pig iron, and they
saw il will undoubtedly regulate prices and prevent
trroce. owners. who are obliged TO raise money on
their stock by giving mortgages, on which they pay
heavy rate of interest from being Obliged to resort TO
tbese extensive methods. Then the buyer VIII have
h advantage OF knowing Just what he Is paying for
because the brands, weights and grades of iron are
70 he guaranteed on the warrants, or certificates, by
tho storage Company. II Is proposed to list the war
rants IN several of the Exchanges and It is thought
that this will awaken speculative interest and buy
orr and sellers of these warrants viii probably be
found as plentiful as spectators in wheat, cotton
petroleum mining stock, etc.
II is also claimed mat as collateral security for
loans. no other article Is more safe than pig iron
The promoters also point to the fact that there is
h,v,Ily a hank In England that docs not carry pig
iron warrants and It Is said that they consider them
bo safest of securities. The incorporatOrs of the
COMPANY are not all dealers In pig iron, but there are
many bankers and spectators among Them some
90 those interested in It Thomas Rutter, George
~ Rarnes of Philadelphia; samuel Il. shipey, J. Il.
Imam Eck,teln Norton, H. o. Armour, o.. Pbiller,
I iisi' McNicbael George = COe, s. A. Caldwell
George H. seeley J. II. Flager and G. W. Troutman
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
TINE Trade IN CHIC4GO.

Chicago. Feb. (speciaD-May wheat opened at
~, oo1o sold between ~ 90 IS and 90 10 cents, and
rlosod at 81 COLA. Almost Immediately afterwOrd on
,he curb the price 90 rs cents. The bulls
Igned some anxiety the score OF the weather, but
80" did not create any general crop scare. The
my - to,ysr in the winter wheat country than here
Sl5cb icsro Mlldcr weather waS however, reported
~ Nv The cold weather, Icing the very thing
on my tn Improve the grazing " corn, made 10
h nDSI toF the bulls 70 prevent n1aS The news from
hnIu lu,try ,yu, that the country shipments
the eoc"~ For week the receipts have considerably
sttvcoedci the expectations Al ines together over
came nt to 30 3.s cents from 30 I-Sa34 The
corn NI,trbes from the stock yards were weak. They
carp 1hd direction u prices In The provision pits
gugb later dispatches from the yards quoted better
Althuush 80 the news did not much change prices on
prices Nav porK sold from ell 20 to ell 55 closing
onv ali npJ 81 May lard from 81 05 to g..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
4 GENnINE rouoH or gINIEh.
LIGHT SNOW FALLS AND THE MERCURY
sHRIvELs Up.


This cnv b,d q Genuine touch Of winter yesterday
with snow on the ground ana inc c'i" Wv l
the mercury down to 10 ana ~ uosi0'' 49, 80,
Tho snow storm did not arrive on IutSuaS n''''e'
as was expected, but lt missed thst oay " 'o.
quarter of an hour. Snow began 10 Iaii a. - 80
a. H. Yesterday and for three hours and nan INC
air was filed with heavy pelting flakes, ana inc Guy
woke M in tho morning to find Itself wrapped 10 d
tsspe table winding sheet. The average iaI was 10"
inches
Tho cold wave that has been chasing the STORM
across IN, continent arrived here early IN the morl
ing blowing hard from It's long run. IL kept inc
winds stirring for while at the rate OF thry-slA
miles an hour It worked the mercury ana quiehiy
sent It dowd to Is degrees above zero and dlu no'
permit 1t to get moro than four or five degrees hgne'
during the entire day. At p. m. Hudnuts uler-
mometer registered dozen degrees below heczlns
point, and small boys began 10 entertain hopes Oh
skating. There was enough skating OH the sde-
walks in many side streets, however and moro tnan
one person got fall because the leo had not Deeh
removed.
Sergeant Dunn of the weather bureau, said yes
terday that the wave might llnger day or Two
lie did not think that there would be any moro
snow for the present. The storm central on
Tuesday I'm the western part Of this state and the only
reason that meteoOlogIss could give why it did not
get here on that day was because It did not. After
leaving here the storm passed OFF the Atlantic coast
near Boston accompanied by high winds, which also
prevailed along the coast from Cape HattcraS 10
Eastpor. The coolest place the continent yestel-
day at MnnedOsa, Manitoba where 10 was twenty
four degrees below zero That where the waNe
yesterday, but a warm wave Will not reach here,
If any has started, for several days.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
THE WEATHER REPORT

GOVERNMENT INDICATIONS FOR % HOURS.
WASHINGTON Feb. 6.-s p m.-tor Ne" i'nssnu az" -.
arm evYork fair weather slightly colder, followed Dy rs
ing temperature; westerly winds -.
For Eastern Pennsylvania and NeWJef'ey' ""'"'''
westerly Winds diminishing in force
For MARYLAND Delaware and Virginia, hir continued oN
,or,tnrs rising slightly in Western Maryland and VIE
gnia. - ,-,,.., 49,
rising temperature.
For Florida fair warmer ,-,.
For Alabama Mississippi Tennessee Arkansas LoulsAns
and Eastern Texas fair except light ram on me texas
coast; warmer. -, ,,,.,.,,
fair; warmer. -, vi, .,,x.
For western Pennsylvania and Western Ne" YORK "''
warmer. -, 49, . ,,,..
... ~ .,o,, =.
warmer, followed by colder.
For Missouri and Kansas, fair warmer
% Cioto f,,r colder In the eastern portion, warmer in
western,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
The Chamber of Torture

fammtory rheumatism Is confined II. the crises OF
pain Ia reached, that fine preventive. HosteeTs Stomach
Btter Is used by persons OF rheumatic tendency much
unnecessary suffering Is avoided Neryines anodynes
scdat'cs, while having but specific effect yet
very desirable at tlmes Yet they produce no lasting
effect upon rheumatism because they have power
elmlne from the blood the rheumatic virus Hostetters
stomach Bters does this and checks at the outset dis
ease which, II allowed 10 gain headway, IL Is next TO
impossible to disodge TO do than relieve. Rheu
masn. It should be remembered Is disease with fatal
tendency from It's proncness attack the heart resort
the Bitters, should therefore. be prompt Dyspepsia
Kidney s0mpan malaria and nervousness are relieved
BY It,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07

Rcd Bank. y. j.. Feb. 6.-The Rev. NJ T. Kane
has been for several years pastor Of the Catholic
Church in this town. The church owns It's own
Darjsb burial ground. Father Kane handles the re-
GENTS from the sale Of burial plots Trouble Is brew
tng over the purchase Of burial plot by samuel
Walsh His wife died on August 8, 1881, and was
buried in the parish cemetery Miss Mary Ella
Walsh, her eldest daughter, purchased small burial
plot from the priest paying him SIS 70 for the tile
Her father did not know that Miss Walsh had pald
for the burial plot and on August 2G he paid the
priest SIS 20, receiving receipt.
While overhaullng some papers IN his desk few
DAYS ago Mr. walsh found the receipt Father Kane
gave his daughter Mr. Walsh went 10 the rectory,
and had an exciting interview with the priest. He
saws Father Kane positively refused 10 refund any
Of the money and that when be told the latter that
he had no right 10 extort money from his parshoners
I'm such a manner the priest few into a violent passion
and ordered him 10 the house. The priest said
Mr. walsh was not much Of Catholic anyway, and
~ tine latter had not been liberal IN his donations
10 the church the speaker would keep the money
Mr. walsh Will carry the matter tO Bishop Farrell.
He has placed the case In the hands Of lawyer;
TIE urest claims that legal action by Mr. Walsh VIII
amount to nothing, as the mater Is outiawed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
MIR. GIANTS OPINION.
HE SPEAKS FoRC1BLY ABOUT THE CABLE RAIL
WAY BILL.


WAY BILL.
MAYOR Grant was asked yesterday what he thought
of the Cable Railway bill, introduced by Assenblyman
Robert Ray Hamilton on Tuesday In the lower house
q am opposed to it, the Mayor answered, and
cannot believe that II be passed through either
house II seems TO me 70 contain all Of the bad
features of the old bill without any of its redeeming
ones Practically it IS an attempt on the part OF
CLIQUE of spectators to mOnopoze the streets OF this
CITY 10 the exclusion of all other companies, while II
does not I'm any way look toward solution OF the
rand transit problem. Then again. the rate OF com
pensaton proposed to be paid TO the city for this
most valuable franchise is idculously low. In fixing
the rate of compensation due the city, the past can
hardly. serve as a guide for tho present. Formerly
franchises were almost given away but surely 1t does
not follow that this shall continue. o., a.,
In what | have said do not mean 10 reflect In the
slightest degree upon the motives OF MT Hamilton
who Introduced the bill. Mr. Hamilton, fear, has
NOT given the subject the mature consideration which
such an important measure demands" - l. .,
The officers of the cable company were IN gOOa
spirts YESTERDAY. harles =. shaw, their counsel,
said The capital stock of our company Is S2OOOOOO
Every share OF IT, except about 500 is In the hands
az a representative Of the original corporators. II
s unsod and unpledged and subject 10 an assessment
of q5 cents on the dollar whenever the company
GETS I'm debt At present the company indebtedncs5
is limited N about 81 900 or SIS 900. Our first mort
gage bonds were assigned by the commissioners Tor
nf the Farmers Loan and Trust Company the trustee
of the mortgage. The financial condifion OF the COM
pany and its ability to build the road IS oeyond
question:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
TO ATTACK LOCAL OPTION IN A NEW WAY.
THE NEw.JERsEY DEMOCRATIC CAUCUS De
CIDES TO DROP THE wEIDENMAYER RE-
PEALER AND TO SUPPORT NEW BILLS.


Trenton. " J., Feb. & (SpeclaD.-The Democrats
held Joint caucus this afternoon and decided TO
drop the Weidenmayer bill repeating the Local option
act. new repeater will be framed by President
Werts of the Senate wpng out every feature Of the
law; and he will then introduce substitute for the
present law, re-cnactng the high-icense part, but
altering its provisions that trial by jury snail Dc
accorded all volators Of the law and that those con-
viced shall be punished by fine only and not by
Imprisonment The bills in question Will be intro
duced next Monday night, but 1t Is doubtful II they
can be passed The Democratic Representatives OF the
temperance districts still shaking their heads
over the matter. While they have but little show
In caucus, they are strong In open session, and are
sufficiently numerous with tho Republicans, 10 defeat
all measures interfering with the present law. 1t
believed that they will refuse TO vote for the bills
The House Judiciary Committee gave the advocates
Of the Australian election bill chance to be heard
this afternoon. Among those who spoke for the
measure were President Merrill E. Gates; OF Rutgers
College John OKecfe and A. VI. Dewey, Of the General
Cooperative Board Of the knights OF Labor, and
Reed Gordon president Of the Electoral Reform AssO.
citation. The Senate passed the bill giving grand
Jurors the compensation for their services a.
petit Jurors. Senator Abrams bin amending the
newspaper libel law favOraby reported, and Will
be passed next week,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
THE NIAGARA STATE RESERVATION.

Albany, Feb. 6.-Tho Commissioners OF the state
Reservation at Niagara today tahsmi''od theT MIN
annual report. After reviewing me work accom-
pshed since the organization OF inc commission III
1889 the report renews tho reques' insoo year
a,o ,or a, concentration of 10000, to be used in
n,d,n, crib 70 proect the southern shore of Goat
leland from the destructive abrasion Of the river.
comnaratIvey moderate outlay is favored for convert
Inc the island into a park, especially the sum OF
SIS. 900 for improving the roads The commissioners
urge the construction Of bridge across the river
near the whirlpool to connect Queen Victoria Park
with the New-York reservation INC oon1issoseis
make a .re-survey Of the Falls and vicinity, that a
new series Of monuments be SGT our, anu D uu5t+
worthy trianglatlon made 1t Is estimated that the
number of visitors last year was abou' 3oOooo.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
TRUSTS And TRADES UNIONS.
A DISCUSSION ON THE EFFORTS OF CAPITAL |
AND LABOR

DISCUSSION ON THE EFFORTS OF CAPITAL
AND LABOR
At the February meeting Of the Plymouth League in the
Sunday school room Of Plymouth Church. Brooklyn, last
evening the subectO TRUSTS and Trades Unions" was
discussed Dr. Lyman Abbott presided and the speakers
were his brother Austin Abbott the well lawyer
and Victor A. Wilder, Labor candidate for Controller.
Austin Abbott spoke the organization Of capital In
part he said that remarkable fact In American
lie was the universal tendency to organization. Bust
philanthropy. pleasures ana all forms OF social exist
ence were organized MI Abbott declared that the or
CARNATIONS Of capital and labor were part Of the general
tendency and were neither temporary unnatural.
Corporations conveyed their properties Ia trust to cen
trail bodv N manage them All trusts could be arranged
in four groups stock trusts like the STANDARD Oil Trust
trusts by transfer capital like the Sugar Trust pooling
arrangements which were only trusts In a limited
extent and trade associations formed to reduce compc
ution and advance prices. The trust was as
much Of a distinct advantage men the engine,
like II capable Of mischief but also most useful and
likely never TO be given up. The legal weapons against
Trust, were the facts that corporations could not part
with their franchises and combinations could be made
against pubic policy But combinations likely to
grow eyuand and extend their power and the contest
OF the future would be with their existence with
the evils growing out OF them
Victor 4 wilder was expected 10 discuss trades unions
but he devoted himself to telling why worngmen opposed
trusts as tending degrade and crush them lie said
that capital had much brains and labor too little
make an eaual contest between Labor was bound
to 20 10 the wall II would solve social problems
TO have war between capital aud labor. Capital could
20 without it, dividend but labor could not 60 without
its dinner In relation 20 the strike in Brooklyn, Nj
Wilder said II don't believe labor should upset ears and
resort to violence; do believe that capital should
steal franchise on the sabbath
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
RAILROAD INTERESTS.
INVESTORS DOWN on RATE-CuTrI1G.

pIttsburg, Feb (SpccIaD. President Jane Colcry,
y, tho Pittsburg and Western Railroad Company,
n,cdIets en- end Of rate cutting and wreckug " III
vcstorsa he said, have called halt, and 'de ex-
ccutIycs will act accordingly President C,lery
rcprrscnts a high official Of prominent raiboad
as having few days ago said IL feel that nT
road must Immediately show improvement, or my
position + not assured longer than thirty days
We must not only secure business, but we must
maintain rates and must show profit In speak
ing of the circumstances following the discovery by
stocrbolders IN general that their investments were
- danger President Colcry said First English
aa,,,aiisfs and bankers awoke TO the situation and
oniety sent agents to this country to examine into
Ali American enterprises where foreign capital Is
,rrescpted. Experts placed In cleuca' uOsit Ou
hero and there, and from them weekly reports went
home 10 their principals. 10 IS fact that foreign
nOriitoIists became frightened at the outlook, and
foy people in this country realize how close We were
90 a nanicn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
The memorial was referred without discussion
TO the Committee on School Reform
WHAT A VISIT OF INSPECTION SHOWED.
oyER.CRowDING, A DIsTRACTING DIN, FOUL
AIR AND DARK PLAY.RooMs.


The Committee on School Hygiene Of the Ladies'
Health Protective Association yesterday visited
Gramercy School No. 60, in West Fiftyfourth-st Tho
members of the committee are MIS-. Charles Jenkins
Mrs. Astrom, Mrs Clark Bell, Miss julia Thomas and
Mrs Merrill. They found the school in toerable
condition. on one floor in main room were su
classes making nearly 500 children, all engaged IN
recitation and producing great din that II was
impossible TO determine what each class was recnS'
The COMMITTEES put questions to the pupils, ana IN
answers TO them the pupils said that many OF ihem
we're subject to frequent headaches attributed 10 mo
OveUrowded class-roOms and the strained aueiuou
which required account of the noise IN uhs
room.
In the playground, at recess, the committee $50
talncd that there were 100 scholars The room ueu
az a play ground IS dark. Two small cla's-rooms hst
formerly I'm the playground hoor nave Oeen
condemned but the committee ascertaned that one ot
these continues to be used for primary children lno
playground and the entire building was subject 10 the
odOrs Of the closets. which not I'm respec'aoo
condition. In the rear OF the school there i an ar
space of less than fifteen feet and the other sac VI
this is a stable The committee intends TO seh ~
port of its visit 20 the Board Of Education recOninehu
ING the purchase Of the stables I'm the rear on Whch
new building may be erected and more room OO'~4Aeo
for playclounds and better ventilation secured
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
RoYAL ARcH MAsoys ELEcr1YG OFFICERS.

Albany, Feb. 6.-The Royal Arch Masons OF the
state to-day elected the following officers NJ. F.,
Richard II. Parker, grand high priest; r. F., William
J. Mcdonald, deputy grand high priest; Il. T., J.
Lcayitt Lambert grand king; r. f., Marvin J. Green
wood grand scribe; r. T., Herman H. Russ, grand
treasurer; Il. f., Christopher G. Fox grand secre-
tary r. E., James Byron Murray, grand chaplain.
Grand Chaplain Murray delivered address.
TITO Grand High Priest made the following ap-
pointmens Grand captain OF the host Willis W.
Rice grand principal soiourner, William F. COsten-
badu; grand royal arch captain, James Cornelius ::
grand master OF the third veil, Henry +. Turner;
grand master of the second veil, George A. Newell
grant master Of the first ven, W. r. Livemore;
grand lecturer George McGOWn; grand tyler William
II. Claddlng.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
IcEMEN HOPING For A HARVEST.

POughkeepse, y. Y Feb. Special Reports to
The Eagle' from up the Hudson River tonight show
that at all points between BaTytown and Albany the
ice is fast and IS inches thick. All tho ferries
north Of Rhinebeck except at Catskn have ceased
running. Icemen tonight say that if the present cold
weather continues t,.O days longer the ice harvest
will be begun at all points from Barrytown to Albany
on saturday, but they expect that the crop Will be
over 1000 900 tons short
Greenwood Lake. " j., Feb. 6-The cold weather
which set in last night revived the hopes Of the ice
men, who had begun TO despair Of filling their
houses. Last year at this time the harvest was over
Ice gathering went on brisky to-day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
MAJOR PORTER IN BALTIMORE.
HE MADE A CONTRACT WITH MINISTER PRES
TON, BUT THEY FELL OUT.

TON, BUT THEY FELL OUT.
Baltimore Feb. Ga gentleman who has been
quietly. living in this city for day two said to-
day that he was Major David f. Porter son Of Admiral
Porter, United States Navy. He also said: :" am
the who three weeks ago, made an agreement with
the Haytian Minister Mr.. c. {. Preston Dean OF the
Diplomatic Corps at Washington, TO go TO Hayt and
assume command Of the forces loyal to Legtme The
terms Of the contract that to receive, in
gold, $500 month, and in the event of being killed
the sum OF 1000 IN gold was to be paid to my wife
Minister Preston, before could make arrangements to
start diyulged tho agreement, and the press caught up
the story, and fell More than that, the lndig
nation OF my father was aroused, and he looked with
dsapproval on the step l had taken. Afer the first
rupture between the Haytan Minister and myself, an
other conference held and the former terms were
Teasserted. Again there came misunderstanding.
third meeting was arranged and the first contract
signed. Then there came another railing OUT and
there the matter stands now. Certain things came 10
pass between Minister Preston and myself that look
like the original agreement Will be kept intend 10
90 TO Hayti, and Will leave this country with the I'M
Outstanding that take charge Of Legitmes troops'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
RITTER WEATHER IN NORTHERN MICHIGAN.

Sand Beach, Mich Feb Ga blizzard from the
northwest has been blowing for two days. The mcr-
curry was degrees below last night and at zero to-
day. The air to-day full of fine frozen particles,
and lt almost impossible for man or beast to
Twenty inches of snow fell, but IT is heaped
in drifts by the gale, and all travel and business is
suspended. Railroad trains TO this part OF "The
Thumb are cancelled.
Marquette, Mich, Feb. e-Winter has set in with
terrible eaneStness at last blizzard to-day pre-
vailed all the Upper Peninsula Traffic was de-
layed on some of the railway lines, but the storm
not unmiXed affection, the swamps frOze up
solid, thus facilitating Undertaking
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-07
WIND AND SNOW IN NETWORK STATE.

Oswego, y. Y, Feb. Ga violent blizzard prevailed
here and the mercury fell to railroad blockade
Is feared. Trains to-day from three to six hours
late.
Loclport, n. Y, Feb (specaD.A mild blizzard
prevailed hero all day. The thermometer fell fifty d.
grees within twentyfour hours. and early this morn
ting registered ten degrees below zero.
Utica, n. Y, Feb 6.-The body Of Joseph Jienlck, "a
weaver in the New-York Mills, found frozen stiff
half mile west Of WhitesborO station, on the New
York Central and Hudson River Railroad. this fore
noon by track hands He not a drinking man.