The herald., 1896-05-21
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
How Goldfish and Lobst0rs Enrich Nova
Scotia
ment Finances-Trend Of Population to
LArge Cities-Onion Market

an exchange in speaking Of the fsh In;
eo ddnsby 70 N n, Noya seStis saS s was m i
keted. while the eva Value Of Holsters in the
same year is placed at 81 ,2s4. 900, or more
Than one-half Of what had previously been
OF wealth. These two fish, therefore, be-
tween them divide the honor Of affording
more than one-half of the total value OF
lobster season may now be considered fair
~ opened. and advices from many points
indicate that the industry Will be carried
on with energy and intelligence. Foreign
markets are higher at the moment of writ
Ing. and there is every. reason to antici.
pate that an average catch will be secured"
The substitution of corn for barley in
making beer seems likely to work an i'm
portant. economic revolution in brewing
II requires two months to convert barley
into beer, whereas corn requires only
week. Besides this corn costs only one
third to one-half as much.
Government receipts for the. month of
April amounted to S24. 2S2, 800, which repre-
sents a slight increase little over $685.
Soo-as sompsred With those =, 7d dor c April 1881,
pared with those for March of the current
year. The receipts for CUSTOMS exceeded
little over $3.50, 600. whereas for April last
year the excess Of customs over internal
revenue receipts was over 81, SOO,O 600. The
expenditures for the month amounted to
s2s,9s7, 3Sl, which represents and increase
OF little over 81. zoo, 900 as compared with
those for the preceding month. but a de-
crease of over 81. 600 900 as compared with
those for the corresponding month of last
year. The most marked reductions have
been under the head of war and pensions,
though every item of expenditure shows
some Observation-Disclosures
The drift of population to large cities Is
one of the most important problems of the
age. affecting as it does all branches OF
business. In a recent issue the Phila-
delphia Press taking the Massachusetts,
census Of 1895 complies an article of amaz-
Ing Significance. 1t says:
THE national census OF 1890 emphasized
this fact. 1t showed that of the total
population of 60, 662, $50 in the United States,
u.s. 2&, 1886. or 1920 per cent. resided In cities
with 5000 or more population. This was an
increase of 6.63 per cent over the number
shown to be residing in cities in $780, There
has, In fact. been steady increase In the
per cent of total population residing in
cities shown by every national census with
the exception of the census of 1920. when
the movement toward cities apparently
stood STILL although 1t did not lessen even
then to any appreciable degree.
THE increase per cent OF population in
cities OF over 5000 inhabitants has, how
ever. been much more rapid in Massachu-
sets than in the country at large. Some
difference was naturally to be expected,
hut not so much as actually exists. In 1890
there was S.35 per cent OF the Inhabitants
Of the United States living in cities with
5000 population or over. This per cent in
creased until in 1890 1t was 1920. How
rapidly the per cent has increased in Mas
sachusetts Is shown in the following table: