davidaulloa/AmericanStories huggingface dataset:
The herald., 1897-10-26
ON CHANGE
What Was Done Yesterday on Wall
Street

NEW YORK, Oct. 25.--The conviction
that rupture in our relations with Spain
will ultimately result from the Cuban stu
reorganization plan will be upset by the
governments desire to postpone the sale
and the weakness I'M New York Central due
to yesterdays disaster on its line, COM
bined to break the stock market today and
demoralized prices throughout the list. The
lower prices for American securities in
London and the decline in the price of
Spanish fours there of u per cent to 597s
were accepted as a means of the apprehen-
sion felt there as to the harm that would
be done values by the threatened rupture.
The opening showed sharp declines in the
international stocks and specialties and by
noon losses of a point had spread to prac-
tically every stock in the list. There was
d lull In the activity of liquidation and at
that time steadying of prices on hope
that the supreme court would hand down
favorable decision In the Nebraska freight
rate case and that prices of railway prop
erty would tend TO improve as a result. A
sharp rally in Chicago Gas on the an
nouncement of the same declaration of the
regular dividend helped steady the list.
The announcement of the governments q
decision to apply for postponement of the
foreclosure sale of the Union Pacific and
Kansas Pacific properties brought out
enormous liquidation of Union Pacific
stocks, There was no check apparent in
the liquidation or fall in prices as a result
Of the announcement of the reorganization
committee that 1t intended bidding in the
The herald., 1897-10-26
IncOrporationS

The Covina Hotel Improvement company
has filed articles of incorporation with the
county clerk, stating its purpose to be to
deal in real and personal property and to
construct and manage buildings. Covina is
the principal place of business of the COR
poration and the term for which it will
exist is fifty years. The directors named
for the first year are +. M. Chapman, c. e.
Bemis, A. p. Kerckhoff. B. r. Dusenberry
J. II, Goldman, B. +. Coons. ]. l.. Matthews.
A. ]. Wilkins. all of Covina. and G. Esh-
man of Los Angeles. OF the 10000 shares
of capital stock. vailed at $10O each, 216
shares have been subscribed for by fifty
eight members.
A certified copy OF articles of incorpora-
ton of The Co-operatives, filed with the
secretary of state, was filed in the county
clerks office yesterday. The purpose of
the incorporation is to 'engage in :"
any lawful business" etc, and the prin-
cipal place of business is at Los Angeles
G. w. and A. A. Wilderman, ]. e. Stribling
and George il. and A. l.. Bancroft. the first
four residents of Los Angeles and the lat
ter of Walnut Creek, are the directors ap-
pointed for the first year. The fee for ad-
mission is IS; for membership, $1O0; and the
interest of each member is equal. The
term of existence OF the corporation is
fifty years
The herald., 1897-10-26
Less Wine-Drinking in This Country

The consumption of wine in the United
States does not increase in the same
ratio as the population. In England, on
the contrary, close upon million more
gallons were consumed in 1896 than in
1895. OF this 463, 900 gallons We're French.
red and white; 100000 Portuguese, 1S0, 900
Spanish and 200, 900 from other countries.
Sherry shows deficiency of 10000 gall
Ions as compared with previous years,
although the quality is better and the
price less than formerly. The use of
brandy is largely on the increase This
Is attributed to the skill now employed
in blending the various brands This
manipulation has driven out Of the mar
ket almost all the low-priced Cognac
brandies formerly imported from Cha
rente The decline in wine drinking in
the United States is due to excessive
duties imposed upon foreign products,
the crude quality of California wine
and the enormous consumption of beer,
which may now be called the national
beverage. The cost of the better grades
of whisky will always restrict their use.
The French claim that newly distilled
liquors are safer to drink than those
ripened by age.-New York Sun
The herald., 1897-10-26
Real Estate Transfers

MONDAY, Oct. 70, loJ'.
w. c. Bryant to Adams-Phillips company
Lot 9. A. o. Porter's subdivision of Por-
ter & Green tract $3.50.
Il. ID. and j. Meyer to s. N. Sheets-Lot
G. block F, Moran tract; $1,000.
+. NJ. Hanna, trustee. 10 W. II. and l..
r. Carlin-Part section T. south. range n;
west: $14s0.
f. r. Frost TO ]. S. Torrence-East rs feet
of lot 1S; all of lots II, Is and 16, block A,
Thomas & Wotkyns replat S. G. V. o. G.
association tract; $4,000.
+. w. Wood ct al, executors. TO K. See
ley--Lot 6, block 4. Kuhrts Bridge tract;
$50.
II. M. Richardson ct al. to G. r. Dor
rance-Lot 6S, Goodwin tract: $l200.
w. II. and l.. r. Carlin to N. ]. Ponet-
Part section I. south. IA; s5135.
G. NJ. and A. Vejar to J. w. Vejar-Lot
as per map of property of G. NJ and j. w
Vejar and Martha J. Taylor: $1,000.
j. NJ. and r. Stewart to A. Koenig-Lot
4, block 2, Howes tract: 5000.
j. Il. and j. e. Wilson to A. N. Gordon
East half of west half of southwest Il
section 2S, 1 north, 8; $780,
" c. de Muto to A. C. Smith-Part OF
Rancho La Ballona; $1,000
c. de la Beare to !. Thornton-Lot L.
block I, Angeleno Heights: $3.50.
p. b. Sexton to ]. Erickson--Lot 4, Mrs
C. Howell and F. p. Hoy's subdivision;
S275
j. w. Sloan ct al, by John Burr, sheriff
to l.. e. Miller-Lot l. block j., Glasselps
subdivision of lot Z, block 80, Hancock $
survey; s553.5O.
e. A. and w. +. Brown to J. II. Andrews
Lot l6 block 3. Williamson tract: $780,
f. C. and o. A. Wilson to r. j. Adcock-
Lot %, block l. Hamilton tract: $400
o. P. and f. f. Clark to c. L. Valley
Lot 81. Clark & Bryan's Figueroa Street
tract; 1890.
J. o. and N NJ. Wheeler to j. V. Mitchell
Lot Is, block B, Wheeler tract; $500.
SUMMARY
Deeds ....................... A
nominal ........................... q
The herald., 1897-10-26
be done in hiring out certain classes of ma
Insurance

The semi-annual meeting of the Actua-
rial society of America took place at
Springfield, Mass, on Thursday aud FRI
day, October 1th and Sth. From the ad-
dress of the president, Is. ]. Miller. we
make the following extracts:
In no country have life Insurance COM
panies been SO much hampered and re-
stricted by law as in the United States. and
all has been done with the idea of protect
ing the public from loss, owing to ignorant
or dishonest management, and yet assess
ment and flexible premium companies have
been practically exempt from government
control. and have been free to delude or
swndle the public with impossible or fraud
ulent plans, This should be corrected. No
company should be allowed to do business
OH plans which can only result in failure
and in disappointment. The law should do
with assessment companies what 1t does
with regular companies, viz, compel them
to do business on scientific principles. They
should either maintain an adequate reserve
| or provide for increasing assessments based
on the attained age of the insured. So
called flexible premium companies, which
issue policies on the level premium plan
and simply retain their right to raise the
premium rate in case of need, should be
compelled to maintain the same reserve
as regular companies. 1t IS quite usual
to consider that the possession of the full
net revenue is a test of solvency, and that
the obligation to maintain the reserve Is
imposed on the regular companies solely
| for the purpose of insuring solvency. This
is very narrow and misleading view of
the matter. A fuller and truer view of
the reserve is that it represents moneys
which, by the fundamental theory upon
which premiums are calculated have been
collected to meet obligations not yet ma
! tured, and that it must be sacredly held in
trust for that purpose only. A company
with impaired reserve should not nee
essarly be thrown into liquidation, but 1t
is just and reasonable that 1t should not
be allowed to issue new policies until the
impairment of the reserve is made good,
as under other circumstances new men,
bers would be required to bear portion
of the burden which should be carried by
the old members themselves. In every
healthy company the old and new m MEMBERS
each pay their own way and carry their
own loads. A flexible premium company
has no more right to squander its mathe-
| matical reserve than a regular company,
and should not be allowed to write new
policies unless it can show that the moneys
| collected from old membelS to meet as
| yet unmatured obligations are still in
| hand and intact.
The herald., 1897-10-26
Chicago Live Stock

CHICAGO. Oct. 25,-Cattle-The range
of prices was very wide, from 3.65G4.o0 for
few very ordinary lots of native dressed
beef steers up 5.00M5SO for choice to extra
shipping cattle, with the bulk of the sales
at 450M510 Exporters were fair buyers
of fat beeves around 4.75M50O. Fat cows
and heifers sold at 340M4.5O and few cows
sold below 2.4o. Bulls were wanted at 2.35
@275 for bolognas; 3.00@3.35 for feeders and
9.50M4.25 for exporters.
Hogs-Sales were at an extreme range
of S.SOd3.95 for hogs and 2.75N3.90 for pigs
with sales largely at 3.60Q390 for hogs
and at S.5Od375 for pigs.
Sheep moved off actively at 2.35@3.0O for
common natives up to 4.0064.50 for good to
extra offerings. Western range sheep, g. 25
04.25; lambs, 4,o0m5.75 for inferior to prime
lots. with some selling at 4.50G550. Feed
ers bought good many sheep at 3.0OGi4.O 90,
and lambs at 4.O0M4.15.
Receipts-Cattle, %, 900; hogs, $4,000; sheep,
25 000
The herald., 1897-10-26
San Francisco Produce
M;dd,,ngs On oo01oo M. brar n oooa,s

Middlings. 2000M22.00: bran. 1500715 go
Hay--Wheat, 12.OOa15.00; wheat and oats.
11OOGl14.OO; oats. 1O00a12.OO; best barley,
1000q12.OO; alfalfa, SO0d9.50; clover 5000
1000; stock, S.00@900; compressed wheat,
l20O414.00; straw. per bale, S0Qp40c
Dry Beans-Pink, 1.3OM1.5O; lima, lisa
100; small white, 1.15q1.sO; large do, 1.OOq
lis.
Vegetables-Early Rose potatoes SOQ
20 per Genital; river burbanks, 35945:
river reds 40M50; Salinas burbanks, 50M
so; sweet 90G1.O0 per cental silverskin on
ions, 1.05Q1.20; pickle onions, IS per cen
tai; cucumbers, s0a50; garlic, 2M21s; green
peas, 20J3; string beans, S@-; bay squash,
65MS5 per box: tomatoes, 4OM65 green corn
=; chile green peppers, 25dl4O per box;
esq plant, aoQ50; green okra, 40q6O.
The herald., 1897-10-26
SAN FRANCISCO MARKETS
Call Board Prices of Cereals and Ship
ments Received

SAN FRANCISCO, Oct. 25.-Flour-Fam-
fly extras 5.OO@510; bakers extras, 4.75@
4S5.
Wheat-No, l shipping, 1.471a; choice do,
l.4Sa: milling, 1.50M1.521a.
Barley--Feed, S0@S7ls; brewing, 956i1. o.
per Genital.
Oats-Poor to fair, 1.071sd112ia; good to
choice, 1.15a1.20; fancy feed 1.25@1.3O gray,
l.10@1.15 milling, 112hM117h: surprise,
i.22iaal.27A; black for seed, 1.a5N15O; red,
1.171a@l.4O.
Receipts for forty-eight hours-Flour,
quarter sacks. 1929 do Washington, 1900;
wheat, centals, S315; do Washington $3.50:
barley centals 5640; do Washington $40;
beans sacks, $780, corn. centals, 14o5: do
eastern, S00 potatoes sacks, 1929; onions,
sacks, 976; BRAN sacks, 1924 middlings.
sacks, 291; hay, tons, 261; mustard seed.
sacks, 49, wool, bales, 1878; hides, number.
ia; wine. gallons, S3,0S0; brandy, gallons,
$780,
The herald., 1897-10-26
Mortgages

There were 10 mortgages filed on the 23d
inst. which amounted to 4,190. The fol-
lowing list gives the particulars OF those
for $1,000 and over:
Alfred Solano ct al. to Southern Califor-
mia Savings bank--Part of lot A. block IS,
Ords survey: years, 6-10 per cent; SSo00
r. r. Brown ct al. to Columbia Savings
bank-Lots 10 and 49, block l, Urmston
tract: years II per cent s1750
o. +. Trelut ct al. TO Covina bank-Lot'
3, block 13, part lot l. block IA, Phillips
tract: years 10 per cent: $1,000.
Charles NJ. Hoff ct al. to A. NJ. Hanks
Lots and s, block 1S, Wolfskili Orchard
tract; years per cent; $l2Oo
Adella c. Ketchum and Albert ]. Ketch-
um to J. c. Fraser-Lot 4, Rancho La Cam
yada; lot 4. VIII w. Beach Home Place; 8
years, per cent; $4,000.
August Rothenpieler to Home Investment
Building and Loan association-Lot 81.
block !, Bennett tract; lot 16, Heffner &
Baldwin's subdivision; years, 0 per cent {;
S140O.
The herald., 1897-10-26
A Few Words That End in ga"

Dear Sir: In the notice OF Cuyler
Reynolds essay on the recurrence of
letters, your reviewer judiciously ir,ti-
mates that Mr.. Reynolds is rather hasty
in laying down the principle that "the
letter "a never terminates a word. ex-
cepting only the WORD sea-" and he
further says: with sea ls, mind. how
could he have overlooked tea, lea and
flea, to say nothing of yea and sofa %
How, indeed! Mr.. Reynolds success in
overlooking is really much more phi
nomenal than. your reviewers inquiM
would indicate. Did Mr.. r. never solve
an enigma, or accept dogma or escape
a dilemma, or resexA q stigma, or detect
The herald., 1897-10-26
Money Quotations
Oct. 25.-The Evening

NEW YORK, Oct. 25.-The Evening
Posts London financial cablegram says
The stock markets were dull to fiat today.
Americans were especially weak, monetary
conditions, the nearness of the settlement
of the Cuban question being given as rea-
sons for the weakness; but there is no
doubt that the fact that number of op-
tions will fall due at the end of the month
induces dealers to keep down prices. 1t
is not likely that the Bank of England's
discount rate will advance this week, but
the German rate may possibly go up. The
average contango on Americans at the set
tlement tomorrow will probably be Az per
cent. The Paris and Berlin markets were
weak all day.
The herald., 1897-10-26
California Fruit Sales

CHICAGO. Oct. 25.-The Earl Fruit COM
pany sold today:
Grapes-Tokays, single crates, S1.15ML30
average, 1.23; Muscats, 1.25; Emperors, lis;
Morocco, 175
NEW YORK, Oct 25.-The Earl Fruit
company sold today:
Grapes-Tokays. single crates, 7Ocd$1.45;
average, 1.02 double crates 1892. 80; av-
erage, 2.1S; Cornichon- single crates, 1.15@
1.50 average. 121; double crates, 2.50d2. 65;
Malagas, 7O09Oc; average, 7Sc.
Pears-Morceau, s250d3.15; average, $S.01; !;
Seckel, single crates, $1.55G195; average.
1872
Quinces-75c6i1.1 average, 92c
The herald., 1897-10-26
European Markets

NEW YORK, Oct. 25.--Money on call
easy at 2 per cent, last loan 2 closed Of
fered at per cent; prime mercantile paper
4dt4la per cent; sterling exchange strong
and active. with actual business in bankers
bills at 4.s59s@4.s5A for demand and at
4.S2ssM4s2% for sixty days; posted rates,
4S3dl4.sSA and 4s6q4.s6la; commercial bills
4.SlE.
SAN FRANCISCO. Oct 25.-Drafts,
sight. liz; telegraph, 20,
LONDON, Oct. 25,-Consols. l1l7-16.
The herald., 1897-10-26

The San Gabriel Electric company, now
developing the water powers in the San
Gabriel river. will be in position to supply
arc and incandescent lights and power for
all purposes February l. 1898, at prices
lower than can be made by companies
using steam. They would. therefore, re-
spectfuly request that users of light and
power make no contracts extending be-
yond February l. 1893 Consumers win md
1t to their interest to wait San Gabrio1
Electric Company.
The herald., 1897-10-26
Dried Fruit Prices

NEW YORK, Oct. 25.-CaMforna dried
fruits quiet.
Evaporated apples-Common, sale per
pound; prime wire tray, S12; wod dried,
prime, 8: choice, Ss419: fancy, 9G9h.
Prunes-5@Sc per pound, as to size and
quality.
Apricots-Royal. 7Gs1ac per pound.
Peaches-Unpeeled, 7M11; peeled, 11Q17.
The herald., 1897-10-26

Flour, steady: No . spring wheat. S6lsGI
SSla: No. spring wheat. S2dSS; No red
941a635la No. 2 corn, 241aM247s; No. oats
1874; No. white. f. o. b.. 22622%: No. 8
white, f. o. b., 20%@21%i; No. 2 rye. Al: No
2 barley. nominal; No. 3, +. 0. b.. 30a46:
No. A, f. O. b., 251aM25ss No. fiaxseed, 1.0l .
prime timothy seed 265: mess pork per
bbl. 7.S0@7,s5; lard. per 100 lbs, 3.35M3.371a !:
short ribs sides. loose 440di4.75: dry salted
shoulders, boxed. 4AGt5; short clear sides
boxed, 5u5A: whisky distilers' finished
The herald., 1897-10-26

NEW YORK, Oct. 25.--Bar silver, S.;
Mexican dollars, 45.
SAN FRANCISCO, Oct 25.-Bar silver,
56B; Mexican dollars, 45Ad46h
LONDON, Oct. 25.-Bar silver, I'D.
The herald., 1897-10-26
Liverpool Market

LIVERPOOL. Oct. 25.-Closing: Wheat
Spot No. 2 red western, DUH; is. 3d.; No.
l northern spring. dull; is. 7lad.
Corn-Dull; October, IS. nd: November,
dull; 3s. 1bd.; December. dull; IS. 1Ad.
spot American mixed, quiet; 3s 11ad.
The herald., 1897-10-26
Petroleum

NEW YORK. Oct. 25.-Petroleum quiet
United closed at 66I2 cents bid.
OIL CITY, Pa, Oct. 25.-Credit balances.
55 certificates, sales at 81; closed. 66&c bid
shipments. 273,0o0 barrels; runs, 116, 7o2 bar
rels.
The herald., 1897-10-26
CHICAGO MARKETS
Transactions op the Board
of Trade

CHICAGO, Oct. 25.-Wheat opened about
cent lower than it closed Saturday, sew
eral causes contributing to bring about that
radical change. Liverpool Quotations were
Ad to I'D lower to begin with and the
northwestern receipts were heavy. The
worlds shipment for the week to Europe
were again heavy and considerably in ex-
cess of their estimated requirements. The
total quantity from all ports exclusive of
India was 9,026,000 bushels. against 9,504, 600
bushels last week and 9271 900 bushels the
corresponding week Of the year before.
Chicago receipts were 2S5 cars. Apart from
the heaviness of the days receipts, how
ever, the news from the northwest was
very bullish. Estimates by good judges
as to the crop of the three principal wheat
producing states placed the total at from
100000 COO to 210000,0 900 bushels. consider
able reduction from recent figures. London
advices were to the effect that France was
still bidding for native English wheat, but
that there was no more available, and Rus
sian wheat in London was said to have ad-
vanced from Sd to Cd per quarter. The
fluctuations hung for an hour and half
on the varying aspects of the visible sup
ply, as the figures favored or disfavored
a larger or smaller increase than had been
estimated Saturday. The natural outcome
of 1t was an increase rather smaller than
had been looked for, the amount being
500, 900 bushels against an increase for the
similar week last year of 2.4Ii,000 bushels.
December touched 95 the highest point of
the session, shortly after the announce
ment of the visible increase figures The
quantity on ocean passage increased 100000
bushels and the exports from Atlantic ports
for the day were 505,000 bushels, as far as
heard from. Liverpool closed 5sM1 lower.
A rise of so centimes, equal to 2& cents per
bushel, at Antwerp was the occasion of the
advance of December and May in the mid
die of the day. The opening was weak at
from "a to 94is for December against Sat
and from that up to 50 in very irregular
way. Near the end Of the session it be-
came very heavy. the extreme weakness
of corn having some effect. Longs took
profit freely on large quantities and there
was no inquiry for wheat for shipment
here or reported from elsewhere. The pit
filled with sellers and the price dropped
to 1914 M933s and was 93ia at the close. There
was no comfort for the bulls In corn. The
market opened weak a Amss decline. 1t
remained near the opening figures unit,
the visible figures were posted. which
showed an astonishing increase of 4.725, 900
bushels. This makes the corn visible A,
700, 600 bushels or more than double that of
last year. Offerings were heavy after that
with very little demand. December ranged
from 26as to 253s. closing cent lower at
255s in sellers. Oats were lower all day.
largely the result of sympathy with corn
December ranged from 1872 to IS and closed
Ss lower at 1Sft1Ss. Provisions We're heavy
to begin with in the heavy receipts of hogs
and were kept In that condition by the
radical weakness of corn.
The leading futures closed as follows:
The herald., 1897-10-26
Boston Quotations

BOSTON, Oct. 25.-Atchison, 131s; Bell
Telephone, 260 Burlington, 1914; Mexican
Central, 9%; Oregon Short Line, -.
The herald., 1897-10-26
Silver Bullion

shows: Available cash balance, S211, 325 537
gold reserve. s152. .902,s56.
The herald., 1897-10-26
Mining Stocks

SAN FRANCISCO. Oct. 25.-The closing
quotations for mining stocks today were
The herald., 1897-10-26
Raceints. Slhinments

On the produce exchange today the but
ter market was steady; creameries. 15m29:
dairies, 12M19 Cheese was quiet at SMS1a.
Eggs were steady: fresh 14ia.
The herald., 1897-10-26
Mining Stock Quotations

The following were the closing quotations
on the Mining exchange today:
Name of Stock Bid. Asked. Sales.
Cavil .,.,...,......4.50 10.0OM
East Amargosa. .4.50 800 S000G5.5
100OM5. %
nn
The herald., 1897-10-26
Treasury Statement

WASHINGTON, Oct. es-Today's state-
ment of the condition of the treasury
The herald., 1897-10-26


y as reg....127 N J c 5s..........112la
As coup. .12s n Carolina 6s. .122
, .ll2A N Carolina As. .102
y , As coup. ...11i North Pshc lists. .12O
U S 2ds........ SO North Pac 3s.... SO
U S 5s reg..,.. .114% North Pac As. 49,. 9OiA
U as coup. .,115% N Y G. & st L is. 10Ss4
District 65s. .109A Nor & w .123lb
Ala Class A....10S N w Consols. .143ih
Ala CLASS B....lUS N w deb 5s.....111A
Ala Glass c.. 100 O Nav lists .,..l11
Ala Currency. 9S Ore Nav 4sl.. 921a
Atchison 4S... S6h Ore s Line Gs. ... .1l91s
Atchison ad As. 51B Ore Short Line 5s 92ss
Can South 2ds .105l2 Ore Imp lists go 1929
Chicago Term. 45A Ore Imp 5s..,.. 405s
c & Ohio lib Reading 6s of 95. ,1O2ss
c Fl d d 41as. .l04ss Reading 4s ...... S4M
d & r G lists. .111M r e. W lists. S2h
d & r G 4s... $685. S L & NJ con 5s s51s
East Tenn 1sts.1os S T.. &, + gen 6s.115la
Erie Gen 4s.... 20 S p Con...,....140
F w G. D lists. 6S st p & p c lists 119,a
Gen Elec 5s. .10l st p & c IS. .115A
G Fl Il S A 6s106 $ Carolina n-f. u
G II & S A 2ds.103 So Railway 5s.... 919s
III & T 5s. ILL r & T. 6s... 61
II & r C ...104 Tenn n set Ss.... 81
Iowa C 1sts.... 6S3s Tex Pac l. G lists 95A
Kan P Con-. 96lA do reg 2ds.. 261h
X p 1st Cd DIS II lists 1902
l. A n Consol As 9TiA II d & G lists 471h
L & n U 4s.... Sias Wabash 1st IS ...107l@
Missouri IS. go. 100 Wabash Eds ... 7Sh
M X & T 2ds.. 6lA West Shore As. .109h
NJ X & T. 4s... s5ss Va Centuries.... 81
n Y Cen lists. .117A Va deferred......
The herald., 1897-10-26
Bond List

NEW YORK, Oct. 25-The following
were the closing quotations ON bonds to-
dav.
The herald., 1897-10-26
Closing Stocks

NEW YORK, Oct. 25.-The following
We're the closing stock quotations today:
Atchison .....-19as do pfd.... 9Ia
The herald., 1897-10-26

The London Times says: '"rhe trade of
considerable rapidity. Last year the i'm
ports amounted to G9,359,547, against e.
249.0O9, while the exports were ELI. $50, ,00O
against Ell, $50, 900 the previous year. The
Increase i'm imports was spread over all
staples, hut was chiefly marked in the case
of iron and steel and in machinery and i'm
plements. British imports were greater In
1896 than in 1885, yet they only amounted to
II per cent of the whole import trade In
1895. while they We're 10 per cent the year
before. The imports from the United Staes
on the other hand, were 52la per cent of the
import trade of Mexico, against 45 per cent
III lS95 This our consul at Mexico, OBJ
serves. should warn British merchants and
manufacturers that unless they soon make
serious effort they will have to give up
all hope of profiting by the increase of the
Mexican import trade. and may even lose
part or the very limited share of it they
now enjoy. The trade In textiles generally,
In which England has so far held her own
becomes each year smaller proportion of
the import trade, owing to the improve
mont in domestic manufactures. Metals
and machinery. on the other hand, are
every year growing more important. There
Is no reason why England should not send
a much greater proportion of these If
Britfsh manufacturers would establish de-
pots IN Mexico of the articles which have
ready sale. in place of waiting TO send
them out until they get orders for them
In many cases profitable business might
The San Francisco call., 1897-01-31
ANOTHER EXAMINER "CREELMAN."

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