davidaulloa/AmericanStories huggingface dataset:
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
DUN's WEEKLY REVIEW.

New York, July 21.-R. G. Dun & Co 8
Weekly Review Of Trade tomorrow will
show: Optimism is always popular, but
more than half the time dangerous.
Seven years of hating have usually
followed three years of rapid progress.
But the three Of progress have not vet
passed, and the most cautious search
discloses no sign Of hating. Official
returns Of the most wonderful year in
the nations commerce shows a de-
crease of 1856, 9000 600 in value Of the great
staples exported, largely owing to
prices, but an increase of about $780,
100000 In other exports, mostly manu-
featured.
Imports greatly increased in raw ma
terials for manufacture but materially
decreased in most other products.
J n July exports of staples have begun
to increase with much less increase in
imports than has appeared for months
in the exports Of manufactured prod
ucts. A continued and heavy excess of
merchandise exports Is foreshadowed.
Curious operations in exchange based
on stock, cash and bonds deposited as
security disclose belief of brokers that
Y VIII pay to be on the short side.
Fears Of deficient reports have been
buried under western receipts from
farms amounting to 1880, 046 bushels
wheat for the month thus far, against
5,773109 last year and Is, POS, 655 bushels
corn, against 6.612,315 last year. Trad
ers have at last walked up to perceive
that farmers do not pour out grain In
this fashion when crops are scanty.
Exports Of wheat Atlantic and Pa
cific, have been 7,70y, 1913 bushels during
the month thus far, against 1889. 259
last year, and Of corn, 9.099, 041, against
5,CSLS41 last year. Prices declined
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
FINANCIAL AND COMMERCIAL.

sharply, with assurance of ample sup
plies Of Wheats at 3 cents and corn at
"a, which is the more significant in
view of the previous heavy exports OF
both. Cotton also is going abroad
I largely, though the price remains 6.l9.
Pig iron has not advanced this week,
but mainly finished products, steel rails
to $50, at Pittsburg, billets to 1874,
sheets bars to $3.50, sheets to cents,
at Pittsburg, and cut and wire nails
both So per ton. The American Tin
Plate Conn any settled with its hands
by granting Is per cent more wages,
and raised the price of plates 80 cents
per box. Still demands do not abate,
though works have to refuse many or
ders. In plates one large order for
shipment to the Clyde was received; in
bars less urgency of demand appears
at the east, but in sheets, works are
about filled for the year, and in struct-
ural shapes, besides $500 tons for
bridges and 1900 for buildings at Chi
cago, proposal is reported for 5000 tons
to build a palace for the mikado of
Japan. More furnaces are added to the
producing list each week, and 80 iron
mines have been added this year,
though the supply of ore is still short
Wool is still advancing, Coates Bros.
circular of the 18th showing a rise Of
S2.19 since May 15 speculation being
particularly active in fine wool, because
it is rising abroad though in less de-
mand for manufacture here than COM
mon and medium grades. AT the three
markets 35,956,100 pounds have been
sold in three weeks, against "a, 124, 700
in the same weeks of 1897 before the
present tariff was enacted. Enormous
supplies of imported wool then rem
dered the speculation disastrous, but
traders suppose that old supplies are
now about exhausted.
Manufacturers do not appear to be
buying largely, though the demand for
goods is better, and has caused an adj
vance in clays and some other kinds.
Cotton goods are unchanged but fairly
strong. Shipments of boots and shoes,
103,057 cases for the week, against "a, 421
last year, and 296137 in three weeks,
against 259,154 in the largest previous
year, showing the pressure for early
delivery, and works are receiving rather
more orders, many needing none for
months yet. Leather is in good de-
mand and slightly higher, and hides at
Chicago rise slightly with limited re-
ceipts. Failures for the week have
been las in the United States, against
207 last year, and 20 in Canada, against
II last year.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
THE MARKET ELSEWHERE.

New York, July 21-There was some
added interest manifest In the market
for securities today, but the list re
manned dull. The tone, however, was
nrm, and the level of prices this eve
ning IS decidedly higher than last
night. The Changers especially were
IN good demand, and ruled for the
greater part of the day at about a
point above yesterday. Burlington and
Rock Island showed special strength.
and there was some evidence of man
ipulation in these stocks Much talk
was heard of Burlington's large earn
lngs for June, and rumors We're afioat
OF coming increase in Rock Island
dividend, which, however, was without
official sanction.
London was decided factor in the
days higher prices, and buying for that
account in New York was estimated at
$1,000 shares, principally Of Louisville
and Nashville Money conditions were
apparently much easier In London and
the sterling exchange rate here worked
lower In sympathy in spite Of the local
money rates. All apprehension of shin
ments of gold tomorrow was dissipated
early in the day with beneficial effect
on speculative sentiment. Considering
the dullness Of the local market the
SSOpC Va tue uSdunBS was remarkably
broad, a large number OF usually in
active stocks coming forward into ac-
uvtty and registering gains between 1
and 3 points each.
American Linseed Oil gained 55h. Not
all of these gains were held, the mark
ct dropping away somewhat In the in
tense dullness Of the late trading.
The local traction stocks were all in
pretty good demand. Brooklyn. Rapid
Transit rising an extreme IL and clos
Ing y higher. Sugar was inclined to
be heavy throughout the day on ru-
mors Of new development in its posi-
ton.
Losses by the banks to the sub
treasury are known to be small. and II
Is believed that the banks have gained
considerably on the interior movement
Of the currency. but estimates vary
widely as to how much Prices were
marked up in some cases Just before
the close, giving tone to the final trans
actions.
Bonds were dull, but prices were
slightly higher, sales $1,609, 900. u. s.
Ss registered and the new Is registered
declined Is, while the old As registered
advanced M In the bid price.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
TREASURY STATEMENT.

washington. July sl.--TOday's statement
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
RAILS GROUND TO DUST.
Effect Of the oontant Wear and Tear On
Railroad.

AS consumers of steel the railroads in
the vicinity of Pittsburg lead the world
During the past three months 10 miles of
new steel rails, averaging 90 pounds to the
yard, have been put down or distributed
within 80 miles Of the centre Of the city.
There are 1860 yards in mile which
would mean 299,2OO yards for one line of
rails in 40 miles, or 26,92S,O00 pounds, or
say 63,856 900 pounds for both lines OF
rails or 269 2S3 tons of steel rails needed in
one year for Ptttsburg roads, so per cent
or which was for renewals on old lines.
There is somewhat of mystery regard
ing where the steel worn out on big road
goes to. 1t is ground down almost to inn
perceptible dust by the constant friction
OF the grinding wheels, and this friction
Is As per cent greater on curves than on
straight stretches of track. The wear Is
also much greater on ascending grades on
straight track than on a descending
grade On curves the wear is mostly lat
eral or horizontal. while on straight tracks
II Is perpendicular, with slight inclina-
tion toward the inside of the rail next to
the fianges Of the wheels.
The millions of tons Of steel ground
down to dust by the wheels of trains in
THIS country are lost. 1t cannot be re-
gained for scrap, because 1t settles down
into the ballast, Is brushed away by the
rush Of air caused by the swiftly moving
train, and. like the star dust which falls
upon the ocean, is lost forever
In time. as civilization and the wheels
Of civilization move on, the railroads of
the chief steam railways, as well as part
Of the adjoining ground, will become thor
oughly impregnated with steel and iron
dust from the grinding up Of rails and
wheels. because II must be remembered
that the wheels grind the rails and the
rails grind the wheels, and this constant
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
MARKET NOTES.

A Halifax dispatch says: The fire in
the Caledonia pit Dominion Coal Com
pany), where the explosion occurred a
, month ago, is burning fercer than ever
-Four acres are on fire and workmen
are trying to surround the fire area
With brick walls and then flood the en-
closure. Little coal is being raised. The
miners succumbed to the gas in the
mine yesterday, but afterward recov-
cred.
The Boston News Bureau says the di-
rectors Of the Baltic Mining Company
will meet in New York in the early
part of August, probably Aug. 10, when
an assessment on the stock will be lev
led: 1t practically has been decided to
make the assessment So per share
New York curb prices: Amalgamated
Copper, 97l2Q9SA; Bay State Gas,
1902; Amsterdam Gas, 311aQ32ss; pre-
ferred, 58Q5S5; Air Power, 72@5; New
England Transportation 9A@%; Stand
ard Oil, 462@65; Rubber Goods,
S012QS11s; preferred, S3A1S4 Mexican
bonds, 1o0A@% and interest.
Boston curb prices: Fortuna, 60c. /;
Amalgamated, 9S1a; Bay State Gas,
1@1 1-32; Mayf1ower. 6; Gas & Coke,
21@224a; Elm River, 11@11h.
The New York Herald says it became
known yesterday that w. K Vanderbilt
now controls the Lackawanna and that
it was he who selected w. H. Truesdale
to succeed Samuel Sloan as president of
the Lackawanna. Mr.. Vanderbilt was
enabled to bring this about, it is re-
ported, by voluntary support of the
Moses Taylor estate, which holds the
largest individual block of stock, and
which for a long time was arrayed on
Mr.. Sloan's side.
1t is said that the friendly relations
between the Taylor estate and Mr..
Sloan have not changed, but the fact
was recognized that closer alliance
with the Vanderbilt lines would be to
the advantage of the Lackawanna, and
1t is said that 1t was with the under
standing that such a deal should be
made that Mr.. Vanderbilt originally
acquired large block Of stock in the
company
The Chicago Tribune estimates that
the stocks Of 26 industrial companies
have shrunk $101, 255, els the first six
months of this year. 1t says: This
apparent loss is really public gain"
The upward movement in the indus
trials seems certainly to have started.
and gives promise Of continuing until
the average Of these industriais has
risen to basis considerably higher
than the present.
1t is stated that the pool which
bought a large quantity Of Atchison
preferred below so on the recent adj
vance sold out a considerable portion of
It's holdings on the advance above 81.
There is no doubt that a good deal of
Atchison preferred did come to market
around that level, but there is some
evidence that it went to quarters which
have been more or less identified with
the stock for some months.
J: s. Bache & Co.-With the strikes
In favor of the bears. and with contin-
ued gold export talk, the market has
Wlthstood attacks, and there is no doubt
that the short interest, which. has been
created in the last two weeks, can cas-
ny pc made to cover at an advance of
1 or points.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22

shower of iron and steel dust is accumu-
lating along our railroads at rapid rate.
-Pittsburg Dispatch
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
STRONG ALL ROUND.
General Hardening of
Prices in Wall
Street.
VANDERBIET'S HAND AGAIN.
The Boston Market I'M
proves in Volume
Of Business.
VANDERBILT'S HAND AGAIN.

The stock market was firm and
prices gained well. holding the i'm
provement through the day and inspir-
dng bulls with hopes that after all the
summer rise simply was postponed I'M
til the dog-days.
Another large gain in bank reserves
is expected to be shown by today's
statement of averages and this in
spired confidence. Americans were in
demand In London this morning and
opening prices on the New York Stock
Exchange responded in sympathy.
Gains were distributed pretty well
through the railroad list, the grangers
being most conspicuous. St. Paul and
c. B. & @. were both up y. Metropol-
itan Street Railway rose over a point
Sugar showed some slight depression on
renewed apprehensions of the effects Of
competition in the trade.
The market quickly became quiet,
and fell off a fraction. Gains of be-
tween 1 and 2 points were made by
Tabaeco, Linseed Oil preferred, Col
o:ado & Southern preferred, New York
Air Brake, Mobile & Ohio, Twin City
lsapid Transit and National Biscuit
NoltGn Oll anu hOChluS Nah0y pre-
fsrred showed losses Of about point,
and Air Brake lost IT'S gain. The gem
raj market held steady at not far from
the high point The Changers held
1airly steady at a level Of a point above
yesterday. The Southwesterns also
moved upward from a fraction to IA.
The latter, st. Louis, Southwestern
preferred and Kansas & Texas pre-
ferred, Baltimore & Ohio preferred,
Des Moines and Fort Dodge and Pan
Handle rose from / to 1h. Among the
industrials, General Electric, Contin-
entail Tobacco preferred, Colorado Fuel
and Rubber rose from to 2 points
Metropolitan Street Railway reacted
TX and Air Brake reacted and then re-
acted g. The smelling stocks moved up
IL and / point respectively for the
common and preferred, Brooklyn Rapid
Transit an extreme TX, Illinois Central
liz and Reading first preferred and
the Erie first preferred about point
each. The market was dull and firm in
the afternoon trading.
The following quotations were made
on the Boston exchange yesterday on
stocks held in Worcester and vicinity:
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
(Howard, Crosby 8 Co.'S BOSTON Letter

(TIoward, Crosby & Co.'S Boston letter.
Boston, July 2.--Wheat opened rather
easy. 1sc. under last night, on cooler
weather in the northwest, the continued
tors and the increasing and heavy Ar
genuine shipments, which were 1884, 900
bushels for the week, compared with a
million the week previous. Liverpool
opened sd. higher and closed dull from
I'D. to sd. higher, but foreign houses
took very little part In the early dealings,
and French markets were from 20 to IS
points lower. The market firmed up
later in the session, partly on the
strength Of corn and partly on rumors of
unfavorable spring wheat crop news, al
though a number of private reports said
That spring wheat is all right. Price
ress, and while we consider the weather.
as whole, favorable, yet it would not
take much northwestern damage to start
substantial recovery. Some rust and
Minnesota and South Dakota but this at
present is not excessive, and there were
no exceptional maximum temperatures
IN the northwest yesterday. Beerbohm
estimates the European wheat crop at
70. O00, goo quarters less than last year
Inc New York stock market opened
strong and developed increased strength
on the disappearance Of the danger of
gold exports. The grangers were con-
sptcuous features on account of the ex-
cellent crop outlook. Rock Island was
the leader, and friends of Rock Island
are growing more enthusiastic over the
conditions and prospects of that property
For the last two or three days there has
been considerable talk, which appeared to
emanate from the Flower office, that
Rock Island was relatively low. and it
was bought freely today in anticipation
OF fine statement of July earnings.
Elsewhere the gains In railway stocks
were fractional, but business was fairly
well distributed. There was some sharp
advances in the industrlals. the steel and
iron stocks were firm, but Sugar was
no more than steady. The volume of
trading was not large, but the under
tone was decidedly strong The decline
in labor agitation is creating a bulIish
feeling in traction stocks and there
seems to be an increase in commission
house business. There was a sharp adj
vance in most stocks at the London open
ing due to the belief that the labor
troubles In New York are practically
over. Anticipation of a favorable bank
statement tomorrow helped the buying.
The money market was without much
feature. Estimates of London buying to-
day vary from 1900 to 10000 shares.
There is a bull tip out on Leather pre-
ferrred We hear from inside sources
that the directors of Consolidated Gas
will be governed In their action of diyi-
bends by the statement of earnings for
the quarter We do not think that the
market is yet ready for a permanent
| advance.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22

of the condition of the treasury shows /:
Available cash balance, s279, S97, 613; gold
reserve, $244 $40, 959; net silver, S5,07S, 427
United States notes in treasury, SIS, 065, 119;
ceipts this day, ST. $40, ADJ; total receipts
this month, 1873, 623, 373; total receipts this
year, S3S, 623, S73; total expenditures this
day, 81, 1870, 900; total expenditures this
month, $42, SIS, 900; total expenditures this
year, s42,S7S, 900; deposits in national
banks SIS, Isl, 2S3; silver bullion, S997 022
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
QuINAPoxET.

Qulnapoxet, July 21.-William Allen
Of Worcester has obtained the contract
to put in the new boiler at the C. G.
Wood company's mill at Lovellville
The boiler will be put in at once. Allen
already has men at work building a
chimney for the boiler.
A new railing has been constructed
on the bridge over the Quinapoxet riv-
err on Wachusett street
Miss Hazel Harris has returned to
her home after a visit with friends in
Gardner.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
TQNlGgT AND TOMORROW MIGHT

Ala each day and night during this weel,
you can get at any druggists Kemp's
Baisan for the throat and lungs, acisno wls
edged 10 be the most successful remedy
ever gold for coughs Group, bronchitis
asthma and consumption Get a bottle
today and keep II always in the house, 60
- can check your cold at once. Price
. and soc. Sempla bottle free.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
BONDS.

United States rs, registered .. 1Ooss
United States IS, registered .... 10SH
Inited states Ss, coupon ............... 1903
lhlted States new 4s, registered. ~. 1923
United States new rs, coupon..... lao
United States old Is, registered. . 112%
United States old As. coupon....., 113
United United states 5s, registered ..,...... 11lss
District Of Columbia 65s. ........... Ile
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
ANNOUNCEMENT |!

We will
Mr. JOHN p MALONEY shall
o
Having of
Exchange
for lots of 500 and 1000 shares will find that
u.
information
be
the
POINTS at which purchases should
j. L. MCLEAN & CO.,
Bankers and Brokers, Worcester, 400 Main ST.
NEW CONGRESS
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
THE MONEY MARKET.

New York, July 21-Money on call
steady, 3Q4 per cent; prime mercantile
paper, 31aQ412: sterling exchange easier,
at 4.S79tG4 .871A for demand and 4S4A6
a. 42 for go days; posted rates, 4.S5 and
;sS; commercial bills, 4.S31a; silver GER
tihcates, 60Qe1; bar silver. SOS; Mexican
dollars, 49,; government bonds Irregular
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-22
THE COTTON MARKET.

New York, July 21.-Cotton closed
steady. July, SIS; Aug, 5.57; Sept SCI
Oct, 5.74: Nov, 5.7S; Dec, $50; Jan, 5.S7;
Feb, Sd: March, 5.95.
Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1899-03-24
pom LETTER.

Pom, Ky, Nov, 20.-The farm.
ers will be very late sowing oats on
account of so much rain.
Mr.. Nick Brankenship moved his
saw mill to Mr.. N. o. Kings farm
last week.
Mr. Arthur Hord. of Pom, went to
Hopkins county to visit his brother
last week.
Mr.. ID. L. Barnes, of Fruit Hill,
is some better at this writing.
DR.. Stetson, late of Kansas, has
located at David Smith S, at Fruit
Hill to practice medicine.
At present, the wheat is looking
very badly.
Mrs. Gus Robinson, of Fruit Hill,
was visiting friends and relatives
here last week.
Mr.. Robert Fields, while split
ting out board timber, let one piece
fall on his leg. He has a very sore
leg.
Mr.. Wiley Robinson's oldest
daughter, of Fruit Hill, is very low
with white swelling,
Bro. Henry Moore filled his, reg
ular appointment at the Christian
church, at DogwOod, last Sunday
after the sermon was over the
brethren organized Sunday
school with Bro. WeddingtOn as
Superintendent, Bro. H. c. King,
assistant superintendent. The
meeting will be next Sunday even
ing at ? o'clock.
Bro. Ransom, of your city, is
conducting a series of meeting at
Macedonia Baptist church this
week.
Mr.. L. B. King, our tobacco mer-
chant, has bought nearly all of the
tobacco in our vicinity.
HONEY Rec.
Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1899-03-24
The Fancy Egg Trade.

AS spring approaches, old
biddy feels a desire to make her.
self useful to mankind as a nat
ural incu bator, while at the same
time many IN amateur fancier
will feel a desire to purchase
setting of thoroughbred eggs for
her to practice en-
But often their ambitions stops
there. They are afraid that eggs
shipped long distance will not
give satisfactory results, but
this has been proven long ago to
be a mistake.
Eggs, when packed properly,
can be shipped from one end of
the country to the other and
hatch as wei, or nearly so, as if
they were set at home.
Purchasing eggs from a relia-
BILE breeder is a desirable and at
the same time cheap way to get
started in the thoroughbred
poultry business.
But when you order, do not
make the mistake of buying the
cheapest eggs you can find, for
here the old adage that the "best
is always the cheapest" holds
true. A setting of eggs from the
best stock will introduce into
your yards the efforts of an ex-
perienced breeder for years and
will put you upon a footing with
him in the quality of stock.
/ would rather have one setting
of eggs from line bred fowls sci.
entifically bred than to have three
settings at the same price as one
which we're from chance matings
and not bred with any fixed aim.
Most all the prominent breed
ers can now pack eggs 50 they
will carry any distance safely,
and if they can't they should quit
advertising and learn how.
OF course, buying stock is the
quickest way to get a start
Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1899-03-24

buying eggs, and this is my pur
pose to speak to those who want
to get started with the best at Z
small outlay.
Now, in regard to breeds, pick
out the one you like the best and
try to make your stock still bet
ter. Any breed is good-better
than mongrels. OF course there
are some breeds better for indi-
vidual purposes than others.
If you want large size, without
regard to laying quality, there
are the Brahmas and Cochins.
For eggs without regard to size,
the Leghorns, Hamburgs, Mi
norcas, etc.
But for general purposes, good
layers-good size and good all
around fowls, the Wyandottes
or Plymouth Rocks are hard tol
down.
Get started in the fancy poul-
try business. Buy one or more
settings of eggs, and you will de-
rive both pleasure and profit
therefrom.
]. w. Power, JR.
Paris, Ky.