The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1897-09-02
Special New York Letter.

weeks. and q dozen of the others are
credited with having put away as high
Is 100000 each.
The bankers are now preparing for
the enormous dems nd which the south
ern and western banks will soon make
upon them for funds TO enable the
crops TO be moved. This will employ
at least $3.50, ,0o0,0 600 of money that
is mostly now idle. At this season Of
the year. the country banks make large
demands upon the metropolitan banks.
and for some weeks the flow OF money
will be toward the interior. But It
will soon return TO the centres when
the farmers have made their purchas-
es. and turned their crops into the
manufactured products that they are
in need of. Advices from the north
west indicate that the corn crop will
be larger than was at first supposed,
and that the wheat crop will not be
quite so large. This information. Of
course, increased the price of wheat,
and corn is still advancing. though not
so rapidly. The best information OBJ
tainable puts the corn crop at 1885,
coo 900 of bushels. AS corn is now the
second only OF the worlds cereal pro-
ducts, its Importance will be appreciat-
ed. One can form but AN imperfect
idea OF the vast pile which the corn
crop represents. Some one who is
given to mathematics, has figured out
that II this immense crop could be
dumped into the Niagara river, and
moved AT the same rate of speed that
the water pouring over the falls does,
1t would take two and half hours TO
pass II over the brink. The cotton
crop will also be large, though not so
large as in some years. The price is,
however. so low that the planters will
not realize large profits unless their
hopes for raise on account Of increas-
ed demand are realized.
The Metropolitan Street Railway
Company will soon have horses to sell.
By the first OF December it is expected
that the lines now operated with
horses will be ready TO use the under
ground trolley system. The company
now owns 100 miles OF track which is
operated BY horse power. This is done
a. an enormous expense. for the life OF
car horse is but about four years,
and many OF them do not last half that
time. There is no longer any doubt
OF the fulfillment OF the prediction
made by Mr.. Edison some years ago
when the cable roads were building,
tha; they would all be torn up, and
electricity substituted. Then We had
20; ming in sight but the overhead sys-
;eul, and New Workers would never
permit that. Since that time the in
,ention OF the undergro ound system has
solved the problem, and the re-eQuip-
meat OF all the cable lines so as 10
aCapt them to the use of this system is
NOW only matter OF a short time The
cost of making the change is a big
,sm. but when IL is shown to the d.
-eciors that they cannot afford to go
on with the cable power, because elec-
;riC.ty is far less expensive, they imme-
| cl@Iely order the change, even at enor-
= uIs cost, for the new plant.
The congestion in the business
| streets of the city, and especially the
| rRrrOw ones of the downtown district,
is something that there has long been
! serious complaint OF. And when the
people get 10 complaining of such in
/ c,'., euiences it soon becomes a matter
| oi ..ccessity 10 correct the evil. The
| COS, Of making any such change as is
] AN-s.sa ASAloHAtl u. the business m en-
is never taken into consideration for
/ ere moment, and, indeed, 1t should no,
/ Ie. No one can measure the cost "a
Which merchants and business men
sse ..Lt on account OF the delays and
h.ntrances caused by the freuuen,
D.3oates OF the streets. These are the
reaSOns that have prompted the au.
;Ao..,ies 20 demand that Rector stree,
suoll BE widened az the point where the
/ iEe,el is the greatest. The cost OF ac.
/ curing the necessary land and the De.
| s-I4c-iOn Of the valuable buildings viii
T. cry great. bur the department viii
50 On and comply with the wishes o,
the men whose business Is so badly in.
ccilmoded al The present time.
4 milk trust is the latest thing in the
city, and it is in fair way TO become
both grea: and powerful OF course 4
is now claimed that both the public and
1he milkmen will be benefited by the
trust, but this is always the plea O.
those Who defend the trusts. What.