Telegram-herald., 1890-11-23
THE Oh BsERVER.

We do not Nlol 10 he hn1erst )0d that
a general pAhlc is imDeaaing. but 70 Is a
fact, That too much political talk is
q aa;ing through tie ar. ana too little
Of the Necessary, sound substantial,
daily careful work il bsing done. Un-
less a stop is pat = politica operation,
the fual outcome VIII bo DISASTROUS 10
the country AZ large.
Democratic sheets are already boom
ing an extra session OF Congress, 70 be
called Immediately after the Attn of
March. OF what earthly advantage to
business. would such a eonvenng
amount to, Better keep your Con-
gressmen at home, retire them for a
year at least, and leave the country
and its business uudisluroed; the people
Will be better Tor it at tue end OF the
year.
Misrepresentation has been so great
during the last campaign that people
have become confused, and misguided
20 such an extent as 10 destroy con-
tidence in markets and values. We
hope for a reaction and that the con-
ditlon OF things Will be vastly moro
healthy than they have been during the
past two weeks. The country Is on the
whole IN sound financial condition.
Some of the elements which seem to
have been essential to panics OF the
past, are lacking now. People as
whole seem TO have confidence in the
ability OF our present administration.
Our crop yield of wheat an d other
cereals IS small by comparison with II
few years of superabundance, giving
US some 10 spare for export at fair
prices. and fair amount of work Tor
the transportation companies III carry
ing the surplus To market. We hope
for . speedy return TO the prosperous
conditions of n few weeks ago. But
investors should guard against loss, by
cul,ivatIng too much confidence in IN
vestments on the buying side of the
general markets.
The conditions of the markets are
likely TO vaclllate quite extensively,
and if they should fall to react from
the present depression il will be because
OF less buying support than the merits
| IN the case will warrant.
Shipments of wheat during the past
week were as follows: British India
| go, 900 bushels, of which go, 900 bushels
went TO the United Kingdom and 200,-
| 900 bushels TO the continent. The
shipments OF the previous week amount
ed to 400 900 bushels, which went to the
United Kingdom. The aggregate ship
ments from January l to the present
date have been q 800, 900 bushels, in
cludmg l4,240, 600 bushels 10 the United
Kingdom and 1850 900 bushels to the
continent.
Dornbusch estimates the amount on
| passage from India TO date something
| over ,704 900 bushels. including 90i, 900
| bushels TO the United Kingdom and
| SOC, 900 bushels to the Continent. OF
the quality on passage to the United
| Kingdom, ll2 900 bushels are from Cal
cutta and 792, 900 bushels from Bombay
| and Kurrzchee. One year ago the
| quantity from India was l,6SS, 900
| bushels, comprising 1,445 900 for the
United Kingdom, and 10000 bushels
| for the Continent.
1
| through the Dardaneles, during the
week ending, 81 steamers and - sailers.
| loaded with wheat and destined as fol-
lows: Italy 3. Spain ., United King
| dom ,. Greece l, Havre 2, Bavonne ].
| Marscilles ). Germany /, Belgium >,
| Gibraltar, for orders, 40 The salers
were destined for Mediterranean ports
| Since New Years day ,199 steamer
and $50 sal.ers laden with wheat have
| passed through the Heilespont. THIS
| compares with ,105 steamers and 4gl
saliers during the corresponding time
| IN 1850.
The New York Financial Chronicle
| gives the clearing house returns for the
week past compared with the same
week last year. The tO.al increase for
! al cities amounts % 22.6 per cent
| Baltimore increased 9.5: New York
263: Boston. 142; Philadelphia. l79;
| Chicago, 25.2; -. Louis, %. aud New
| Orleans. 81.
Markets arc quiet and nearly nOmi-
| nal with free offerings. and buyers very
| Indifferent. The market seems 90 be
/ recovering 3 cents CHER last
night thsn they we're on Thursday.
At~r -fiAfNAAatAi@ NAtttrh az AttftAN ttf t'tA
90 Bridge-st. IL the property owners
were wise, they would 30 that some
thing. and quickly too. Delay s dan
gcrous West Bridce-st. can be made
one Of the finest and best business
streets in the city IL paved with
asphalt the business would double ir
ore year. and she property w0uid in
crease sufficiently IA value to pay th'
| assessment.
| West Bndge-st. should have asphalt
az least, "a far as SioC sfnz-st.. and thi'
would hTnE business into compac
SPACE and property would soon double
Ira value. Let the realty holders com,
/ together. form an acquaintance w.t.
ssch other. tax the Im mpr0venent r'at
Ter %. and tne earle the better
Don hart the street. don drive AVA
business. don't deprcefste your prop
srty ~ lsylnx down iafer.or, cheap pave