davidaulloa/AmericanStories huggingface dataset:
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20

pom iHtse lWenty-elgnl lehuiil0 STOCKS
t.thYSSsSra4.e decline between October l
Sssl.Noyember II han been III points.
Uniting the four steady dividend pay
ers, Canada Southern, Northwest, Lake
Shore and " esteru Union, the average
decline on the remaining twenty-four
stocks would be u 40 points. How much
farther the fail might have gone had not
the clearing house, with wise and prompt
precaution stepped in TO relieve themoney
market through issuing clearing house
certificates it is not easy to say. But
that Intervention, fortunately, sufficed
TO immediately arrest the panic into
which affairs were fast running. And
justly SO; tor the banks were convinced
that prices had :hen fallen sufficiently to
satisfy aii considerations of intrinsic
value, and therefore felt Justified in do
i'll z what Law III their power to extend
their ability TO lend on good col!aterals
and thereby stay the progress of the de-
moraliZatiOn that WINS wildly playing
hav with the market. As mutters
have since turned out, it may be in
ferred that the banks had Il View to their
own protection as much as that of the
stock exchange interests.
1t may now be safely assumed that the
crisis has pissed its elimination and that
recovery is the next phase Of affairs. But
IT would be mistake to suppose that the
scts,age warrants snuguile expectations
as 10 This rate of recovery; for the ele-
ments OF recuperatou must be forth
coming slowly and step by step. Prices
are low enough to encourage buving;
but, at the moment, purchases must be
made either on cash terms or upon IN
usually broad margins, which means q
considerable limitation OF demand. In
the next place, the banks are no work.
ing in disregard OF the reserve laws, and
therefore must be expected to restrict
their advances on stocks to the eluss of
marketable col!aterals and to require
larger margins than usual; it is likely
also that, under the present unsettled
feeling, they may show some preference
for prime discounts. really buoyant
market can hardly he counted upon until
the experience of the past week hes been
forgotten and the banks are again forti-
fed by ample aud trustworthy reserves.
Some help towards realizing the latter
will arise from the reduction in the price
of stocks diminishing the amount to be
borrowed upon them; but, taking the
monetary situation as whole, there
seems little chance of really steady ease
in money for the present. Moreover,
London Is not yet 'out of the woods, -
and 1t is not impossible that we may vet
have to take more stocks from that
quarter. Although the Bank of Eng
land has been reinforced by f3 200, 900 to
"a 900, 900 of gold obtained from the
continent, yet it must lie rather grave
,AituaAIsn of affairs that compels the
l(D56Gd "Old Lady of Threadueedle
street, to accept loan from the Bank
OF France; and 1t must be remembered
that a loan is always Il tax on the future,
the payment of which does not wait on
convenience. Then. again, all around
there are stock accounts in suspense
waiting to be Hquidated when the fesl!ng
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20
FINANCIAL OUTLOOK,
The Present Situation Differs Widely
from that OF 1873.
The Crisis Has Passed IFS Culm,n,tion and Re-
covery is the Next Phase Of Afsirs-Ths
Decline OF Loading Stocks.

NEW YORK. Nov. 15.-The event has
come TO which my weekly adTices have
for the last four months distinctly
pointed. NV forecastings have been
based upon express data showing the de-
pressed state OF the railroad interest;
also the serious extent to which the
creation OF new rsilroad issues within the
last five years has exceeded the possible
ity of their being distributed among iu-
vestors; and also that this over supply Of
stocks could not fail, under the prevail
ing extraordinary scarcity of money, to
precipitate severe fall in the price of
stocks.
The outcome Of the strained conditions
to which ! have thus called attention has
within the past week appeared in the
most serious break IN prices that has
happened since the panic of 1878, accom-
panied with the embarrassment OF one
important bank. the suspension of an
other uHd the failure of three stock ex-
change firms, only one of which, how
ever, was important. Fortunately the
crisis has SO far scarcely appreciaOly
affected commercial Interests; nor, con-
bHleIiuR tbc etueioiiy tticuitcH eO""a
condition of trade, does it appear likely
to do 60, except possibly indirectly
through putting transient check upon
discounts. In this respect the present
situation differs widely from that of 1874;
when business was everywhere derangaI
from the results OF the war, AMI the erN
tire credit system of the country had tO'
be readjusted through universal liquid
alton. This current exemption Of the
commercial and industrial interests from.
Injury in sympathy with Wall stress.
troubles makes the pres ent situation coh
respond more nearly to that of lSS4S
which, being confined almost exclusively
to the speculative interests, was followed
by q com paratIveiy quick restoration of
confidence and recovery of prices. How
prompt that recovery was may be in
sfsprra from the fact that, while on the
LIST of July, 1884, the average price of
sixty active stocks stood at II. 81, on the
lst of August the average had risen to
81 90, which improvement, however,
was followed By u reaction that kept the
range of prices low until the notable up
ward movement that set III at the middle
of 1885.
The liquidation which has eliminated
in the great break down of this week set
in about the beginning of October. and
the following com parsons of prices of
leading stocks Oh the LIST OF that month
with those at the close OF Tuesday last
will show the exact measure of the fall
i'll quotations:
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20

The Gazette, Tort Worth, Tex:
We received the sewing machine all rigl
machines. Our neighbors are all pleased
accompanies this. will send you anothe
ve-y truly,
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20

becomes more settled, and the street IS
full of lame operators who will have to
be replaced by new ones before the
former activity can return. These are
some of the obstacles that stand in the
way OF any immediate pronounced re-
covery of prices, Notwithstanding the
unusual cheapness Of stocks. For these
reasons l would recommend the post
ponement of important purchases of
stocks. except either on full payment
for them or upon specially liberal
margins.
At the close Of the week the market is
gene ally weak. London continues to
unload upon US, and the :bears" work
industriously upon few weak spots, SO
that prices lack stability; it is found,
however, that at very slight depth
these operations strike 'hard pan, -
which stops their progress.
The money market remains quite
stringent, and the rates of exchange at
the Western centers continue against
New York. The very severity of the
strain here, however, is likely TO pro-
duce reaction In favor OF New York at
DO distant day; and a turn that will put
the bank reserves in stronger position
may be regarded as probability of the
early future. The shipments OF currency
have been almost entirely suspended dur
ing the week, and about 81 500 900 has
been transferred hither from San Fran
cisco and over half a million from Can
ada. These are gains in favor OF ease.
The fact that the clearing house has
found 1t necessary to issue ouly IL
millions OF certificates up to last night
shows how little the banks have suffered
Inconvenience from the prevailing de-
moralzaton-an exemption which is
largely due TO the promptness of their
anticipatory action. HENRY CLEws.
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20
SEWING MACHINE TESTIMONIALS

WHAT MR. MANGUM THINKS.
TIA
WHAT WOOTEN THINKS
B. Woo
WHAT Mr. MARBLE THINKS.
o, &c.,.
emo Company Fort Worth Tex:
& I f %ay ak
BROWN THINKS.
/,
with lsE
WHAT MR.. NEEL THINKS:
pn s.rn ys the sewing haze tried
p. NJ.
THINKS.
For OF Worth Tex:
ecaon
WHAT Mr.. WHEAT THINKS.
WHAT THINKS.
Publishing -
WHAT THINKS
vey " .HApEN.
Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20
WHAT MR.. CROW THINKS.

WHAT MR.. CROW THINKS.
WHAT Mr., KEEL THINKS.
3 e s @Sfn Machine mach all right. III. dandy and
' in ss5s M ssS @ M a 81 & 3
WHAT Mr.. PlNsoN THINKS
WHAT Mr.. HARRIS THINKS.
Your
WHAT MRS. MOORE THINKS.
ii 81 Sss HS Cd: mr. !sis, H ss; ]
WHAT MR. AND MRS. BRoxsoN THINKS: o..n.
$: Is.
WHAT MRS. ROACH THINKS.
s 81 Ss sRsssi HaAn March @ 3
WHAT Mr.. JOINER THINKS.
I s ssa sSs s;seEsa s n any s ss 5 month ~a''
WHAT Mr.. KRAUsE THINKS. - ,oa
& e a9i ann S vs 'a de ss H.
WHAT Mr.. moMlLL lss Isass8ss '-..ga
sss E; $!s S &; e &: s, g
..xssgss-~ WHAT DR.. RILEY THINKS ....sn
os;:f e.: Ss r. 81
s sn p % shoscnshy bsfo Hias sc
] % .ass s sf'i1s Rs fs You
WHAT MR.. FATHEREE TtilNK s.. 4.... n.sspa
Fort woth,T
i ::s : ;
WHAT MARTIN THINKS ,rn
% Ss 81 ss = have
WHAT MR. HIBBETS THINKS. orn
WAsusu ,AKMsrRo %
To ss Rn9 s sss;a sss SEWING machine which bought from you
sst ss M H I % q % saaaI @ %
WHAT GEOCHEGAN THINKS: - rspn
e: e: s:si s:ss?: 's@ &c.,
WHAT MRS. SULLIVAN THINKS. nn
NsHlILco rEz. *
EdrorG
dyourH ARM o
ranky I
WHAT MR. MINCUS THINKS. o.. So
Co.
Cmp Th,nGJ |
Dean 1Rs- Irced the mah lin mont n
ewldo usta work machine atswhnt
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06

| coating of properly prepared asphaitum ap-
piled to the outside is invaluable. In
| places where water is near the surface OF
| the ground, q perfectly dry cellar may be
| had by proper use of asphalt upon the
sides and floor. All foundations, whether
of brick or lumber, can be made much
| more durable and waterproof by being
| thoroughly coated with asphalt. Wooden
blocks or planks used in street building or
for sidewalks should always be coated
with this material to insure the best posi-
/ BILE value and the greatest amount of con-
venience.
In the case of wood blocks for streets. set
vertically, they can be held rigidly in place
and rendered thoroughly waterproof,
thereby preventing swelling and shrink
ing. There is dry rot on the under side
of timber and planking used in sidewalks,
even where they do not touch the earth,
and in dry cellars, which is very destructive,
that can be wholly prevented by coating
OF asphalt. The top surface is not only
preserved from decay, but is protected from
wear; the soft planks made to wear as long
as the hard ones; all accidents to the feet
and loss of boot-heels and half-soles,
through splinters from half-worn planks.
are avoided, and instead we have smooth,
firm surface to walk on, and last, but not
least Gin glazing hot SUM, color which,
If kept clean, is q positive luxury to the
eyes. ALI these advantages can be had by
the use of this material at small cost, as
there are many extensive deposits on this
coast.
Asphalt has been used by many as COW
ering for the inside of horses hoofs, both
as preventive and cure for corns. Of
course, the best results in all cases can
only be obtained through long and thor
ough experience in its use, as a proper
preparation of the material for each pur-
pose is very essential.
Pro Bono PUBLIco.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
WESTERN AOTEL.
CITY EOTEI

TIME LEADING HOUSE OF SACRAMENTO,
i Cal. Meals, 25 cents. VIM. LAND, Propri.
etor. Free Bus to and from hotel 4ptf
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
LIBERTY's ANNIVERSARY.
Encouraging Outlook for the Fourth-Tl
Canvassing Committees.

Encouraging Outlook for the Fourth-The
Canvassing Committees.
The committees that have been canvass
ing the city for funds to defray the ex-
penses of Fourth of July celebration are
meeting with encouragement on all sides.
and it is certain that this years programme
for that day will be fully as interesting as
are as follows:
First District-C. H. Hubbard. W. S.
Leake, J. G. MARITIME and G. W. Railton.
Second District-J. W. Guthrie, J. A..
Woodson, W. H. Sherburn and w. F.
Knox, Jr.
Third District. E. Mills, Chas. Thomp-
son, James Henderson, Jr., Ed. II. Mckee
and A. Abbott.
Fourth District-George H. Clark, A. J..
johnson, E. Steinman and Howard KIM
brough.
Fifth District-H. Fisher, J. W. Reeves,
r. Singleton, H. Crouch and ]. R. Hold
son.
Sixth District-C. T. Barton, John Bar.
rett, Fred. Neary and R. j. Van VOORHEES,
Seventh District-Mike Howard, 0. W.
Erlewine, Max. Hornlein and H. 81. Love-
Eighth District-W. ]. O'Brien, H. Blair,
]. F. Hill, Jr., M. ]. Dillman and G. S.
Houghton.
Railroad Shops-E. NJ. Luckett, A. J..
Gardner, M. A. Baxter and w. G. Fitch.
State Capitol-W. H. Ennis and the main
Canvassing Committee.
]. A. Woodson, Judge W.. G. Van Fleet
and E. c. Atkipson constitute the Literary
Committee, and it will be their duty to Sc.
lect the orator, poet and singer. 1t is quite
probable that Attorney-General Johnson
will be asked to deliver the grafton.
The committees will all meet at the
Courthouse this evening.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
A POINT FOR CRANKs.
Is Batter Out When Hit by His O,
Rated Rall2

Is a Batter Out When Hit by His Own
Batted Ball?
Thequestion asked of the RECORD UNION
the other day by baseball enthusiast of
Folsom has raised point among those
who claim to know the rules, and
there has been no little amount of dis
cussion on it ever since. The question
asked was as follows:
"a batter knocks pop-fy and starts to
run to first base. The ball, in descending,
strikes him on the back. Is he out under
the rule that runner hit by batted ball is
out?n
The RECORD UNIONS answer was: "Yes /:
the man was out for interfering with a
batted ball.
O'Neill, of the Oaklands, says that. in
his opinion, the man should not be de-
clared out, but that the umpire should call
foul BALI and allow the man to bat over
again.
Umpire Fisher holds to the same view.
claiming, with O'Neill, that the batter,
when running from home to first base is
not running ON fair (but FOUL ground
that is, he is outside the direct line to first
base, and being struck by batted ball
while on such ground, should be allowed
TO bat over again, as in the case when a
batter hits bail in front of the plate and
is struck by it while he is starting to first
base.
At any rate, there is nice point in the
question, and the RECORD UNION will pub
lish Umpire Sheridan's views on the case
the next time he appears here.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
LIKE FATHER, LIKE SON,
A Besotted Parent Who is Anxious Abou
His Bow.

A Besotted Parent Who is Anxious About
His Boy.
Several weeks ago an elderly man went
to the police station with his son, boy
probably years old. After Court was over
the father took the boy in before Judge
Buckley and wanted him reprimanded be.
cause he stayed out late at night and some.
times absented himself from school without
permission. The father thought a warn.
ing by the Judge might have the desired
effect upon the lad. Accordingly, Judge
Buckley gave the boy some good advice,
believing that he had as good home as
youth could wish for, and parents who
were anxious for his welfare
1t appears, however from recent observa-
tons, that the father of the lad might have
been better subject for the Judges advice
than the little boy. The other day he was
seen on street so drunk that he was una
BILE to take care of himself. He was stag
gering along the sidewalk near Third and
streets, and not far of him was his little
boy, who was fleeing from him in fear
The drunken man beckoned and called to
the boy to stop, but without avail. The
lad turned into an alley and commenced
crying, and stated to parties who were pass.
ing by that he was afraid his father would
catch him.
Since this is the case, it is not to be won
dered at that the little fellow does not re.
turn home with punctuality at night He
has good reason for not doing so, if the
parent is in the habit of returning to his
home in the drunken condition in which
he was seen on the street.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
ASPHALTUM.
A Correspondent Explains the Virtues of
the Material and Its Use.

A Correspondent Explains the Virtues of
the Material and Its Use.
EDS. RECORD UNION: Knowing your de-
sire to give TO the public, through the col
umns of your valuable paper, whatever of
news or information that is likely to bene-
fit the community, and feeling that local
attention might be profitably called to the
subject of this article. take the liberty of
stating, briefly, few of the many uses to
which this material is put-facts which
am well assured are not new to many of
your readers, but of which this article may
serve to remind them.
In Germany, for many years past, grind
stones have been manufactured in which
asphalt is used as q pasis for the concrete,
which, under great pressure. makes a stone
which in many respects is without an
equal. Asphaltum varnsh for iron is con-
sidered the best of all. As preventive
of rust on iron pipes placed under ground
it is in general use in nearly all parts of
the world.
To prevent sipeage through brick walls e
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
REDONDO HOTEL,


NNHIS NEW AND MAGNIFI-
i cert Hotel was opened to
the public May list. 1t is the
most thoroughly equipped and.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
KNOCKED OUT.
The Eight-Hour Matter Discussed and
Dropped by the Supervisors.

The Eight-Hour Matter Discussed and
Dropped by the Supervisors.
The eight-hours- day business was ven
tilated again in the Board of Supervisors
yesterday afternoon. The members were
all in the best of humor, and when Super
visor Tebbets, of the Committee on Con-
tracts, submitted report favoring the
acceptance of the bid of c. H. Rott e. Co.
to paint the Courthouse and Hall of Rec.
ords for 1856 so, he added that the commit
tee had met with some embarrassment
owing to the objection made by Walking
Delegate Frye, of the Confederated Trades,
against letting the contract unless it pro-
vided for eight hours day for the men
employed. He said the committee, after
due consideration of the matter, had come
to the conclusion that it was something
they had nothing to do with-that it lay
with the contractors.
Mr.. Bates said he would not allow any
one to dictate to him what should or
should not be inserted in any contract
that he had anything to do with. The
painters had their own union, and could
settle the matter of hours among them
selves
Mr.. Greer also had some ideas of his own
on the SUBJECT. he said the enforcement
of eight hours day would ruin his bust
ness of fruit-growing if made to apply
thereto. The law, in his opinion, related
only to State work.
Chairman Ross quietly pulled his cigar.
and nodded approyingly when Mr.. Greer
sat down.
The spirit of Demosthenes seemed to
have taken possession of the members,
and the debate continued. Mr.. Bates said
he had advised the 'silk-hat walking dele
gate to get some carpenters tools and go
to the country and go TO work eight hours,
or ten hours, or just as many hours as be
saw fit to.
Mr.. Greer said he would like the matter
to lay over little while, and it was so or
dered.
Later in the afternoon il was taken up
again, and the report of the committee
adopted without further debate.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06

James A. Scott yesterday exhibited in
this office bunch of red clover from the
ranch of William Barney, at Fair Play, Ell
Dorado county, which would make an
Eastern farmers eyes open wide with as
tonishment. The clover was upward of
four feet in hight, and just in the bloom.
Mr.. Scott says the present crop will yield
four ions to the acre, and that Mr. Barney
will cut four crops this season. He con-
siders fifteen tons an acre for the year a
low estimate.
Land such as this clover is growing on
can be had for $25 an acre. The altitude
is about 800 feet
The clover can be seen at the office of
Edwin K. Alsip & Co.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
Ell Comes to the Center.

Eli Mayo paid s4S to the Clerk of the
Waterworks on Wednesday, part Of his
Indebtedness for water rent, and yesterday
the charge against MIN was dimissed in
the Police Court. The water had been
turned off at his house by the City Taper
and Mayo turned it on again. For this
violation Of the city ordinance he was ar
rested.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
He Probably Skipped.

Peter Rosa, the Portuguese who ran a
very tough dive on L street, is causing his
creditors some uneasiness. Peter is not at
his den any more, having left the city q
couple of weeks ago. He told one of his
countrymen that he was going to San
Leandro.
Since the above was put in type it was
learned definitely that Rosa left this CITY
on the SIS A. NJ. train on the 18th of last
month, and that Los Angeles was his
avowed destination.
Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-06
THE HARVEST is HERE.
Another Man Made Helpless and Robl
in a X Street nan

Another Man Made Helpless and Robbed
in a K-Street Den.
1t IS generally supposed that the Barbary
Coast locality in San Francisco contains
about as hard class of humanity as any
part of the earth can boast of, but it is
dollars to doughnuts'' that two or three
small blocks in this city contains more
thieving dens and more thugs and robbers
to the square acre than can be found in the
worst part of the Barbary Coast.
Between Second and Fourth, K and l.
streets, there are about q dozen so-called
saloons" that are nothing more than rob.
bers' dens, and the creatures that run
some of them should long ago have been
placed behind the bars of the State Prison.
These dives are maintained wholly on the
proceeds of the robberies committed within
their walls. They are simply places of
rendezvous for ex- convicts and known
thieves, and the man who enters one of
them does SO at the peril of being robbed
and perhaps killed, if killing be necessary
in order to get his money.
Scarcely day or night passes that one or
more persons. ignorant of the vile charac-
ter of these dens of infamy, are drugged,
robbed and beaten. The last to come to
light was that of young German who
came here from Dixon, Solano county, on
Wednesday, fresh from the hay-fields of
that bucollc locality. He had considerable
money in his inside pocket and started out
to see the sights.
About half past O. clock yesterday MORN
ing after doing portion of the lower part
OF the town, he found himself in the notori-
Gus Chicago Beer Hall. on K street, near
Second. This is the place in which Jack
Williams robbed man recently, for which
act he is now breaking rock at Folsom.
The Dixon man was pretty full when he
went there, and soon completed the task of
loading up. The usual gang of thieves
were present, and they soon made the dis.
covery that he had S27 about him. When
he was sufficiently drunk they SET to work
to rob him, and did il openly before the
bar, and without much trouble.
Drunk as he was, the victim realized
what had happened, and began making a
fuss One of the habitues of the place
went outside, and the fellow with the
"swag" was about to follow, when the
former-who discovered officer Wagner
near by-beckoned to him to stay back.
The officer saw the signal and made a
rush for the place, but before be could get
inside the lights were put out and the
doors locked. Wagner therefore had to
content himself with arresting the fellow
on the outside. who is now in jail
He Of course knows who robbed the
countryman, but refuses to talk. The VIC
tim says he could identify the fellow who
took the money out of his pocket, il he
should see him, and he spent all of yester-
day and last evening searching the dives
for him, but could not find him.
And yet the place in which this bare
faced robbery was committed is licensed by
the authorities, as are others on K and l.
streets. How do the decent citizens of the
city like it?