Omaha daily bee., 1892-01-17

as among the safest Investments, and tho
bonds OF thosehuoptiug the cable or trolley
system nrs rs1utiy sold. Here are a few
street rail wal Issues OF the past few months.
Borrower. VIu Amount.
Baltimore City55rass. n. X. Co. 49,. SCI 900 900
Richmond R'yl&i Electric Co. ...... l,300,O 900
Atlanta FractiQd Co, ....,....,, :. l51,0UO
Davenport s. x T. r. r. Co. .,..... l0O,O 600
'cBssK SCHEMES.
absurd schemes Incorporated Out in
Chicago sometime ago the Bank for Bankers
was Incorporated NTH 81 900. 900. According
to the projectors. mono but country banks
were 10 DO allowed to deposit funds on which
= per cent interest was to be paid them. In
new FORK q scheme was started to form a
company to %,insure dopositors from loss by
failure OF banks throughout the country.
each bank In the union was to pay annually
TO this insurance company a fixed sum to
constitute q large capital of several millions,
the interest OF which was to be used In pay
ing the amounts due deposltors on tho fail
ure OF any subscribing bank. or course this
was simply asking the strong banks to take
care or the small ones, which they would
gladly see go out of existence altogether
rather than aid them to live. Nothing has
ever come OF either preposterous idea"
CORPORATE FREAKS.
The merely curious corporationsl Well,
they are innumerable. What do you think
OF a corporation to run q captive observation
balloon at Chlcagol No, it did not go up in
smoke. 1t burst during IA prairie cyclone
which was bent on getting out TO sea, or
rather to Lake Michigan. There was another
airship corporation, which seriously proposed
to navigate the air, with a capital of 100000
900, and 1t was gravely asserted at one time
that half OF the capital was paid in and the
airships were being built. There Is at Chi
cago q company organized with a Dig capital
to build carriages of every des criptlon to BIO
propelled by electricity. There was another
which proposed to manufacture an electrical
appliance to check to q full stop runaway
horses, thus reducing the dangers of driving
toa minimum. Another, with the reverse
purpose of augmenting the dang RS of pedes-
trianism, projected the building of u travel
ing sidewall, upon which q man Gf lively and
reokless) could step while the sidewalk was
in motion at the rate OF four miles an hour
and thus simultaneously ride and walk
around a section of the Worlds Fair. Chicago
fathers two other Illinois rapid transit
schemes, by one of which packages of 100
pounds are to be 'swiped,' to use the
language of the inventor, from ChicBgo to
New YORK in six hours; and the
other OF which is a hydraulic railway to be
propelled at 140 miles an hour by pneumatic
power, the propelling stream of water being
squirted agalnst,the rear of the cars at short
intervals along the whole length of the Incl
Then there is in the state of Washington a
corporation with $2O0,000 capital known as
the consolidated Black Cat company of
Fairhaven, a town Of the state which, by the
way, has sprung into corporate existence
since tho last census was taken. The pur-
pose is to propagate black cats on a cat ranch
on an island In Puget sound the cats to be
killed for their skins. White cats are to be
tabeoed. The scheme is based on a showing
that the world is very short on black cats.
But that is not a merely curious corporation.
The propagation of black cats for this pur-
pose is a prosperous industry in Holland. 1t
was tried some years ago in Chesapeake bay,
put was O failure in consequence of the ill
advised action of the cats themselves.
5l1r FRANKLIN GORE.