The Cairo bulletin., 1908-04-05
NEW YORK CITY
AND ITS FADS
WILL HAVE BIGGEST CLOCK IN
THE WORLD, WITH FACE OF
544 SQUARE FEET.
Worried About Legislation Against
Dealing in Furtures, Also What
Becomes of All the
Hair Pins.

New York, April New Workers
are now to have the benefit of the big.
sest clock in the word. vertiabie
giant, for which the frame work has
already been set up on the Jersey
shore of the Hudson IT will face the
river aud be visible ior miles The
dial of this monster time piece will be
twenty-eight feet across, with an area
of more than LIZA square feet or
more than a city building lot This
will give the new clock face con
tanning 544 square feet, face con
tanning 544 square feet more than
| there are in that of the clock on the
| city hall al Philadelphia, which for
| years has held the record for size. The
minute hand will be a tremendous
beam eighteen feet and three inches
In length. weighing with its counter
piece, nearly 200 pounds. This will
not go slowly on the new instrument
either, for the tip of the minute hand
will travel twenty-three inches each
minute, o nraerly half a mile every
day. The weights necessary to move
the hands will tip the scales at an
even 1000 pounds. These hands, as
well as the numerals on the dial Will
be outlined by incandescent lights, so
that 1t will be possible for people
miles away to tell the time at night
It will be the correct time, too, for the
big clock will be regulated by the
standard time from Washington
Dealing in Futures Menaced
Keen interest is expressed by for
eign shipping interests here in the re
port which Herbert Knox Smith, com
missioner of corporations in the de-
partment of commerce and labor has
made concerning bills pending In con-
eress to regulate stock exchange trad
ing and others to prohibit dealings in
farm products for future delivery, IT.
is felt here. as we'll as in all ports,
that exports of foodstuffs are men,
aced by this proposed legislation, fer
the reason that the United States
would no longer be on an equal foot
ing In foreign markets with other sur
plus producing countries. The de-
cisve stpnd of Commissioner Smith in
favor of existing methods of handling
this business IS therefore regarded as
extremely important. His report has
not been made public verbatum, but
II is known that he expressed the view
that trading in futures is neithc"
harmful in effect nor pernicious In
character. On the other hand, the
system of contracts for future delivery
has grown up out of the necessities Of
the producers. as they relieve the
market from inundation after harvest
and prevent the wide fluctuations In
prices which otherwise would result
The exports of wheat -four from the :
United States for the eight months |
SS2, 44C barrels of a value of Si5, I
1925, while of wheat they were 81, |
qf4.2l5 bushels of value of SS2,S10,- |
)l2. The -four and wheat are equiva-
ent to l27.OS5.322 bushels of wheat. !
Should legislation prevent the con
tiruance of the same rate of exports |
turing the remainder of the crop
wear the total will foot M the equiya-
'ent of little over 19t 900 00) bushels
If wheat and will be the largest since
1902.
Hair Pins in the Streets.
While 1t still remains a mystery
where pins go to, some light seems to
have been shed on the question Of
what becomes of hair pins. The ans
yering Of this problem was the sub
forks richest clubmen this week and
involved the neat sum of sci ,730. The 1
question having arisen In one OF the
ity's most expensive clubs as to 4
where hair pins went 10, one mem
yer. who insisted that the great ma
ority were dropped I'm the street, Of
cred 10 prove his claim In a race
With any other member for a two
,ours' contest in finding hair pins Il
N the city streets, the loser to pay
It the rate of 800 hair pin for the
Inference In all those found. At the
nd of this time the difference was
ust three hair pins. so that the win.
ing was the mere sum of 5000 The
ignificant feature of the wager, how
yer occurs in the fact that as re-
ut of two hours work the winning
turned in 2,173 hair pins
nd the loser 2.170. Based on the
verage price for this actlcle, it APP.
ears as a result of this strange bet,
hat New York women lose every day
lore than 5000 worth of hair pins. or