Omaha daily bee., 1897-07-03
SIGNS OF BETTER TIMES.

Chicago Chronicle: During the month of
July over $24. 900. OG0 in semi-annual divi-
dends will be payable in Boston and Phila-
delDhia alone. II these are not passed over,
which it is not expected, 1t means that
there will be that much more money for re
Investment.
St. Louis Republic: st. Louis bank clear
ances for June were $ll3, SAP, 042; for same
month last year, $92, S7$, 9l9. Clearing house
balances for June, SIT, 500. O66; for same
month last year. $l2, l2l AS. or an incroaeo
of nearly 80 per cent. If President Mckinley
wants a good starter for his wave of pros
perity, what's the matter with calling on
st. LOUISE
Springfield Republican: Secretary Gage
receives only the most hopeful reports of
the business outlook. His letters and talks
With men from all about, he says, convey
the most encouraging facts and Indications
relative to a great Improvement in trade.
President Stuvvesant Fish of the Illinois
Central road says that the tide has plainly
aud permanently turned for the better, and
the president of the New York Chamber Of
Commerce, just returned from a long west
ern triD, is surprised at the evidences Of
recovery which he saw all through the north
west. Other business men who have been
out around make similar reports.
Globc-Democrat a st. Louis bank has
broken all records by declaring a dividend
equal to 40 per cent annually on it's capital
stock. The German American bank yester-
day sent notices to stockholders that its
board Of directors had declared a semi-annual
dividend OF 90 per cent out OF the banks
earnings for the past six mouths. The orlgi-
nal capital is 100000, with a permanent sur
plus of $3.50. 900, and 10000 in profits will be
paid over the counters today. Heretofore
the institution has been paying regular an
nual dividends Of T. per cent and officers
seen Yesterday declared that If the present
business continues they see no reason why
the bank should not pay 40 per cent annual!
dividends right along,
Dubuque Herald: Yesterday the new order
10 run fun time, ted hours a day, six days
in the week, in the tcurdhouse and shops of
the Chicago, Milwaukee & st. Paul Railway
company in this city went into effect. The
news was received with much rejoicing by
the railway men in that vicinity, who had
heen working very short time most of the
time since 1892. The present force at the
shops lis $50 men, This force. with the
,raiumen and yaIdmen Of the Cnmpany in
this city, make a small army, and the pay
roll will run up into the thnusauiS.. which
sum is all spent with our retail merchants
and business men. The company has also
increased It's force and the hours Of labor
over the entige system, which means an
enormous extra outlay.
Chicago Tribune: The spectacle which is
presented this week Of thousands of ChriG-
tian EnlaHyGrtTs travelling from all parts OF
the United states TO San Francisco can
scarcely bee considered as an evidence OF hard
times. They are making a trip which back
and forth Win consume a week. They are
using sleeping cars and have all the com
forts Of luxurious travel. They will occupy
hotels ami boarding houses another week IN
san Francisco and when their convention is
over large Plumbers OF them propose eyteni-
ing their trip 10 various places Of interest,
some going even 10 Hawaii, Mexico and
Alaska, 1t is also TO be remembered that
the Christian Endeayorers are not what are
called wealthy people, They come from the
middle class. Their expenditure of money Is
not a striking evidence Of hard times,