The herald., 1898-04-06
THE INVESTOR
CONDUCTED sy gro. A. uosIssoN
OFFICE OF THE HERALD,
Los Angeles, April 5, 1896.

OFFICE OF THE HERALD.
Los Angeles, April 5, 1885,
speech is but broken light upon the
depth of the unspoken."
Messrs Hellman and Sartori, acting as
agents for =. H. Rollins & Sons. were yes
terday awarded the Santa Ana sewer
bonds, taking the whole amount of $65.000
ut trifie above par The bonds are forty
year serials. and carry ~ per cent interest.
o o O
San Raphael voted $4,000 school bonds
on the End inst. for new high school build
ing. Out of AS votes cast only II were
against the bonds.
During the present year very fair pro-
portion of the trade in connection with the
opening up of the new gold fields in the
Yukon has been obtained by merchants at
Vancouver and Victoria, but all evidences
seem to indicate that the volume has not
yet reached its height, and will not Tor
some weeks. At Victoria nearly every
available store and office Is occupied, and
very few dwelling houses are to be had
In Vancouver residential and business
houses are at a premium, and great many
new ones are in course of erection and ar
rangements being made for the building or
many others. AT both cities about jan
uary a general advance took place In
rents Of business and residential properties,
the advance aggregating about % per cent.
The Rand gold output in February is re-
ported at 207,975 ounces, against 2l1,0O0 for
the same month in 1897.
The manager of the Carrie Furnace COM
pany at Reading, Pa, has notified the 400
employees of an advance in wages of 10 per
cent. This plant was purchased recently
by the Carnegie Steel company, and will
pass under its control on May l.
Canadian exports in February foot up
g, 1865, 900, an increase Of 81. 779 900. or 81
per cent, over last year, while imports
amount to $40 O97 ,0OO against 81, 10, 900 year
ago, an increase of 30 per cent. The show
ing made for the eight months Of the fiscal
year Is nearly as good, imports increasing
by more than IA per cent, and exports by
more than 2S per cent as compared with
last year. The trade of this country. natu-
rally is larger in volume, but for the eight
months ending with and including Febru-
airy it is of interest to see that our exports
gain only about 10 per cent, whereas our
imports fall off to the extent of nearly z per
cent as compared with last year Canada's
total trade for the eight months ending
with February aggregates $203, 900 900,
whereas our. trade for the same period
aggregates 81, 206 900 900. or about six times
as much.
NAL industry has prepared a statement In
regard to q report sent by Consul Dickin-
son Of Nottingham that he was advised by
dealers that the unfavorable comparison
between American and Canadian cheese
In England has been wholly brought about
by American shippers, who persisted in
sending to that market a product known as
''flled" cheese. american cheese" to a
very considerable extent, is therefore I'M
der ban In that country.
Within short time New York city firm
of exporters will ship 1000 tons of American
bituminous coal to Cape Town. South AZ
RIGA. This is. perhaps, the first shipment
of coal ever made to South Africa.
Whether the consignment will be produc-
tive Of other orders is matter Of conject-
ure for the present Still there are many
who hold the view that II freight rates were
lower Americans would render good ac-
count OF themselves In competition with
Welsh exporters for this trade in South
Africa.
O o o 4
The secretary of state Of Illinois has
granted certificate of incorporation to
the American Steel and Wire company.
The company's headquarters is in Chicago.
The capital stock is $24 900, 900, of which half
Is preferred stock, the other half common
stock. The corporators are John w.
Gates. Isaac L. Elwood and Ebert H.
Gary.
Seemingly, the agitation in continental
Europe for barrier against American
products has not abated In the least. The
latest appears to be the endeavors Of the
hgrarian party in France to have the gov
eminent place a duty of $40 head on
horses imported from this country.