The herald., 1897-08-07

For the nrst seven months OF the year
the sales were 147,s54 shares, against 12l,-
1929 shares in 1885, and Al, 1853 shares in 1895
+ + =
At the San Francisco Stock and Bond
Exchange yesterday morning Hawaiian
Commercial sold at 16ss@161a, Hutchinson
Plantation at 27a4. Market-street Railway
at 461s, Alaska Packers at 961a, Pacific
Lighting at 4s1s. Pacific Gas Improvement
at 1895, Spring Valley Water As ex August
1st coupon at 101A, Market-street Railway
6s at 10sA. and s. P. of Arizona Railway
6s at 9sA
Statistics of foreign trade for the Domin-
ion of Canada show that the total value of
goods entered for consumption in June was
$9.135349, and duty collected s1,5S493S, as
compared with s90s3,550 entered for con-
sumption and $,572,5Ss duty collected in
June, 1885. The exports for the month
reached the phenomenal figures of 7,31S,-
23S. OF which $15,5S9.54S was produce of
Canada and s., ,72S, 800 produce of other coun-
tries. In June. 1890 the exports were:
Produce Of Canada, $11, ,O3O 94s; other coun-
tries, ssoo.SS2 total, $11,931,2S1.
+ + y
The directors of the Chicago and North
western Railway Company received the
conclusions of a committee recently ap-
pointed to draw a new mortgage, covering
all the property of the company, and voted
to authorize a new obligation for S165 0GO
0o0 The bonds to be issued under it are to
bear date of November l, 1897. and to run
Tor ninety years at rate of interest not
yet determined special meeting of the
STOCKHOLDERS of the company will be called
for September 22d in Chicago, when the
directors will submit the new mortgag ge
tn fnr
authorization to make the issue of bonds
under it.
Crop conditions, according to the rov-
ernment report, continue to be favorable.
and all signs point to large increase.
1t says that cotton has generally made
favorable progress and is fruiting we'll
over the northern, central and eastern
portions of the cotton belts, although some
complaint of rust and shedding is received
from portions of the eastern section in
Southern Texas. Drought is causing balls
> TO open rapidly, some prematurely, and
the plant has stopped growing, but over
Northern Texas, except some shedding, the
crop is growing and fruiting well.
The Baldwin Locomotive Works of Phil
adelphia Pa, has received another order
Tor locomotives from Japan. This time it
is Tor twenty, to be used on the government
railways. This, with orders already re-
ceived, makes a total of fifty for that en-
pre-. Thirty have just been shipped OF
these eighteen were for the government
ROADS and twelve for a private railroad
corporation.
"A caple from Berlin, received this week
says: Ihe Deutsche Bank has absorbed
Two important provincial banks and in
creased Its capital to 150. .OOO 900 marks. This
places Deutsche Banks capital 20 ono non
marks above capital of any other German
bank" '
Mexico City. Mexico. telegram sors
that the continual fall of silver has IN.
creased the premium on gold to ia ana
120 per cent, the highest ever known IN
this country. This condition of the mar
ket has caused panic in business circles
ard no one is prepared to say where ex-
change may yet 20. European traders
who do business on long credits are se-
r,ously inconvenienced, as in many cases
they have sold their goods and now have
&c pay Tor them at a loss.
Contracts: Interpretation; gas-govern-
ors.-A contract providing that payment
should be made for q gas-governing ma
chine after the efficiency of the apparatus
had been demonstrated" by certain
comparative test. Held to intend a test
In the presence OF the purchaser or OF
some person designated by him (Ameri-
can Gas Control company vs.. Won Raitz