The herald., 1897-12-01

l6Ts............. ....................A,14O 14O, l49
1896 .................."...... 4222,9S
!bso aua. Saa oa
1Sv9 5oa4,o95
sThe Atlantic line is not included in
1897, as 1t was discontinued in 1896 under
q contract with the Panama railroad.
Tho net earnings for the fiscal years
named below were as follows:
Year. Net Earnings.
1897 .$7l4, 2JS
1851 tUS, 5S1
1880 uZ6a2
to5f 4ioaOl
In Septembcr 1897, the gross earnings
Of the company were $270,477, against
t307, sos In September, 1896 From Janu-
ary l to September aO 1897. the gross
earnings were $3,200,774, against $2,91S,-
484 for the corresponding period of 1896.
An agreement was made with the Pan
anna railroad in December, 1895, for three
years to cover joint traffic between New
York and Central America and Mexico
and the United States coast.
For the first four months of this fiscal
year, that is, from May / to August 81.
1897, and for the corresponding period of
1885, the gross and net earnings were as
follows
months. Gross.
1897 NEUTRALITY-SUSPICIOUS.. ...sl .4i0 955
1890 l.2'22 2'S
months Net
1897 ....................... S32i oil
lovu li6V1S
A dispatch from New York announces
that at the semi-annual meeting OF the
Pacific Mail company, held the 11th ult.,
dividend Of per cent, payable Decem-
ber /, 1897, was declared. The treasurer
reported $1,227,41O available cash on
hand.
A dispatch from Madison, Wis, says:
Under the decision of Judge Sebecker,
In the injunction suit OF the Travellers
Insurance company of Hartford, Conn,
against Insurance Commissioner t'riclSe,
that corporation will have to pay the
state S34 ,101.53 to continue it's accident
, business in Wisconsin. Since 1864 the
Travellers has been doing life and nc
cIdent insurance business in the state,
while paying oEly a life insurance IL
ccnse.
The New York Journal OF Commerce
says: "Prices of Brazil coffecs are now
ruling at about the lowest figures in the
history of the trade In December 1882,
February delivery sold at 5.24c. Since
that date until the current year the
i range has been between csc and 1870.
During this year. however. there has
@rhecn gradual decline. and on the 9th
instant November was quoted on the ex-
change at 4.45@4.6o. w. II. Crossman
q Brother. large receivers. and nuthori-
ties on coffee matters. say: The decline
ls the result of a coffee production great
he
OF this crop in both Rio and Santos is
the best that we have seen for twelve or
fourteen years. The average is better
than any crops, except the large ones Of
lSS1-S2 and 1SS2-S3. 1t is proof positive
that It is the product OF young trees and
not old trees. The quality of the old
trees was SO poor that during the years
1SoS 1894. 1896 and 1896 any coffee grad
Ing better than No. commanded a
heavy premium and resulted In the high
differences made on the coffee exchange
last year. The quality of this crop was
certainly not expected by anybody. On
the basis OF the receipts up to date no
body can figure less than 5,250,000 to g.
100000 bags Santos and 100000 to 4,250,-
900 bags Rio. From two parties in San
tos estimates have been received that
the growing Santos crop Is as large as
6,0O0, 0G0 bags. In one case 1t was esti-
mated that, including the new-crop cof-
fee, which comes in during May and
June, the receipts for the twelve months
could not be figured at less than 6,000090
bags. And while this is very high fig
ure, actual receiptss far argue strongly
In its favor. The,eoming crop has been
J estimated as high as 6,500,000 bags for
Santos and 100000 bags for Rio. And
for the present crop, as there are new
trees and large number that will bear
fruit for the first time next year, 1t does
not seem SO unreasonable. It will GER
tainly, should say, insure low prices
for long time to come.'"
4 +
The merchant who does not inventory
his stock at least once a year is doing
business in the dark. He doesn't know
where he stands, what he is doing, or
how much his daily wages are. He may
be living at high rate; he may be a fine
dresser, a lavish entertainer and
'.prince of good fellows" he may be ac-
counted wealthy among his associates,
but his yearly income may actually be
less than a cash boys. The cost of all
this display comes out of his, capital. 1t is
urAWlng the Nfe-DlOoQ from MS business.
The business will stand it just so long,
and then the crash comes-usually Sc
we're and Anal. OF course warning
symptoms are seen and felt before the
collapse, but it Is then usually too late
to avert the disaster.-The Boohkeeper.
r. 4 +
~ The London Chamber of Commerce
q Journal says: referring to the coun-
tries Of origin Of the principal imports
Into Paraguay, the British consul as
Asuncioa states that the greater part Of
the cotton goods, wire. corrugated iron
and few tools and agricultural imple-
merts come from Great Britain. So far
as drills and other cotton fabrics for
mems wear are concerned. however, as
( we'll as Oxfords and other colored woven
goods, the supplies are chiefly from Ger
many and Italy"
(, = + +
The quantity OF copper produced in the
United States In October was II ,641 long