The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-02-06
MORE GOOD TIMES.
They Are Fairly Booming.

Johnstown, Pa, Jan. 30.-On Fri
day, Feb. /, a reduction in wages Of 40
per cent to tonnage hands of the Cam
bria Iron Company will be made. The
many hundred employees affected are
vigorously protesting, but without eff
feet. The day hands are also affected
by the new schedule of prices and will
receive in many instances as low as so
to 80 cents for days work.
St. Johns, N. F., Jan. 2S.-Several
assignments were made today amongst
them being Moses Monroe, one of the
largest merchants in the city.
Milwaukee, Wis. JAN 2S.-The Bu-
cyrus Steam Shovel and Dredge COM
pany failed today. Judge johnson APP
pointed 10 receivers whose bonds are
fixed at 100000. The plant and bus l.
ness, situated at South Milwaukee ARE
worth 100000 The works will run
pending a settlement.
Buffalo. N. Y, Jan. 2s.-The firm of
D. E. Morgan, Son & Allen, has failed.
Liabilities 100000.
Toledo, o., Jan. 2S.-The Chapman
Hardware Company assigned today.
Liabilities 1000: assets $4,000.
Minneapolis, Jan. 29.-The unem-
ployed in this city number over 5000.
Redwood Falls, Mimi. Jan. 29-The
personal property of Birum & Ander-
son, of the North Redwood Roller
Mills, such as flour, feed. grain and
wheat, was sold at auction yesterday
for $500, which was less than one IL
its value. The mill and real estate
will be sold Feb, 10. The total indebt-
edness amounts to over $4,000.
Minneapolis Chamber OF Commerce.
Jan. 29-The local wheat market
opened lower, weak and nervous this
morning and later on became almost
panicky. There was not an item of
| news of an encouraging nature up TO
noon. With first cables I'd lower and
second cables showing a further de-
cline of I'D in Liverpool com pletely
wiped out any bullish feeling remain
ing. There is also growing belief
that. Notwithstanding the Soundness
of President Ceveland's message to
congress. that the present body will do
nothing to improve the financial stu
alton. The trade was fully advised
and often-that more gold was being
taken for shipment and that there
was general feeling Of fear as to the
result if this outflow be not checked.
| L
change in both the financial position
that the outlook for any improvement t
in prices is rather gloomy.
StockS-The feeling of discourage
ment was marked this morning, the
| depression spread in London causing
| them to turn sellers of our securities,
although not to any extent. There is
no doubt that considerable long stock
was shaken out during the morning,
but the question is who has been alb
sorbing all this stock for the past 10
| days.
Chicago, Jan. 29.-The total net
earnings of the Chicago, Burlington &
Quincy for the month of Decembe r,
1894, were $26S, 942, a decrease from the
same month Of 1893 of 500, l22 Freight
earnings for the month decreased
| $467 Isl. Passenger earnings increased
81 900 and operating expenses fell of
$322,S71.
Fer the year from January to De
cember 81 the total gross earnings of
the road were $31, 514 ,877. a decrease
from 1893 of Sc 81 sos. Freight earn
ings were $50, 266, 756, decrease of 49,
63,OI1: passenger earnings were ST.
24l 1853, a decrease of s. e44 ,O23; operat-
ing expenses were sl9,114, 3O7, de-
crease of 1881 ,SS2; net earnings were
s., sOO,5 decrease of 81 ,179, 1872.
| Duluth, Jan. pa decree was re.
ceived today from Judge Nelson in the
case Of the Guarantee Trust and Safe
Deposit Company Of Philadelphia VS.
the Duluth & Winnipeg. the North
Star Construction Company, and the
Safe Deposit and Trust Company. OF
Baltimore. The Duluth & Winnipeg
is declared to be insolvent, and an or
der made that the bonds of the road
held by the Guarantee Trust and Safe
Deposit Company of Philadelphia il
81, OO0, 900 are the only amount secured
by the trust deed and that bonds hello
by the Baltimore Safe Deposit ano
Trust of the par value of *5.OO0,O0O dc
not constitute an obligation of the
Duluth & Winnipeg. VIM. F. Fitch
receiver, Is appointed mater in chan