Abilene weekly reflector., 1897-09-09
STATE Of TRADE.
Previous Activity in All Lines Of
Business Still Maintained.
PLAN TO SOLVE The LABOR PROBLEN
Denver Man Formulates Gigantic
scheme-A New Ship Canal to Connect
the Gulf with the Atlantic
Christian Socialism.
NEW YORK, Sept. A-Bradstreet's
commercial rcr,ort soys.

NEW York, Sept 4.-Bradstreet'
commercial report says:
Previous activity In all lines Of trade is main
tained There is better tone to the deman,
OF jobbers and thu volume Of business in wool
leather clothing, hats, groceries and lgh
hardware has increased There is a better re.
quest for woolcn and cotton goods. jewelry and
rubber goods, and for boots and shoes Somt
wholesale merchants at western centers repor,
the largest volume Of August trade on record
Ihere has been IN increased consumption Of
cotton by southern mills Western iron and
steel mills have orders to keep them busy until
January In the central western states the
oituminous coal strike has had further de-
pressing effect on the general industrial stua-
tlon Az the northwest some commercial
houses have had to work overtime to meet the
demand for goods and the warm weather Is re-
ported to have practically assured the Indian
corn crop On the Pa 'iiis colst wheat exports
nave been slackened by inability to secure
crews for vessels
mercantile collections have greatly improved
In some sections Last weeks general and un-
preccdentcd expansion Of prices for staples in
continued, wool cotton and wooden fabrics
hldes leather, white pine lumber sashes and
doors, iron and steel bars. bllets md rods
wire nails, barbed wire and southern foundry
iron, wheat, corn lard and sugar having ad-
vanced and higher prices being expected for
boots and shoes Lower prices are recorded
Tor cotton wheat -four and coffee, while those
Tor oats, pork print cloths petroleum and coal
are unchanged
There were only lgs business failures re-
ported throughout the United States this
week against 2l0 last week. 3}6 in the week one
year ago, lS4 two years ago. g07 three years
ago and as compared with $40 in the like week
Of 1893
PLAN TO SOLVE THE LABOR PROBLEM.
DENVER, COL, Sept. l.-Charles W,
Caryl, of this city, will attend the
meeting of labor leaders in Chicago
September ~ and place before it a gi-
gantic scheme which he believes will
solve the labor question quickly and
easily. He submitted his plans to
meeting of representatives Of labor
unions here and they received general
approval. Mr. Caryl is a prominent
mining man, and it is claimed that his
standing with eastern capitalists has
made 1t possible to enlist almost any
desired amount Of money in enter.
prises in which he has heretofore been
engaged. He proposes to incorporate
a company with capital Of S1O,OO0,-
900, which is to engage in all kinds of
productive industry. Stock is to be
sold at par, and money is also to be
raised by the sale of bonds due in 81 |
years. bearing six per cent. interest
and payable in gold. Dividends on
the stock are to be limited to eight
per cent. per annum. All net income
above this and the interest on the
bonds is to be given TO the employees
of the company. The transactions be-
tween the members are to be largely
,arred on with checks issued by the
company.
NEW SHIP CANAL SCHEME.
NEW YORK, Sept. 4 4-Articles have
'een filed with County Clerk Purroy
or the incorporation of the Florida
'rans-Peninsular Ship Canal Co. The
hief incorporators are Robert May
affall, Freeman II. Baldwin, H. Bolet-
eraza, consul-general for the Greater
,epublic of Central America in this
lty; Benjamin +. Cromwell and Fran
is ?. Fleming. The capital Is $75,-
10000. The projectors have in mind
nc building of a ship canal and rail
Dad to connect the Atlantic with the
ulf. The new canal will be of suih-
ent capacity for the passage Of seq
Ding vessels.
TO BOON CHRISTIAN SOCIALISM.
SAN FRANCISCO, Sept A move
ent is on foot in this city to organize
national league for the propagation /
Christian socialism Rev. W. ?. /
Bliss, the wcll-known Episcopal Q
ergyman. is the organizer, and with s
m is associated Rev. DR.. j. Scott, {
'esbytcrian clergyman, prominently Il
injected with socialism and editor OF &
e Social Economist.