The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1910-02-26
q e e 81 *s&E
News Of the Day
On Old BrOQdWdu
sa@@#@#@@@@@@@@@@ OBSERVATION-DISCLOSURES
Blu Glen Guernsey.

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/ NEW YORK, Feb. eff Roger w.
Babson, the Well-knoWn economist, is
correct in his surmises, another panic
which will engulf the entire country
is due in 1912. AS that will be the
year of a presidential election. Mr.
Bryan of Nebraska will be afforded
some first-class campaign arguments
Mr.. Babson's conclusions are based on
observations of the financial history
of the last century. About quarter
of the present period of prosperity has
gone, he said, but the top OF the up
ward movement has not yet peen
reached.
of stock exchange prices usually comes
after about one third to one-half of
the prosperous years have been en-
joyed.
Mr.. Babson urged that anyone who
and desired to do so as safely as pos
sibIe, should purchase on generous
margin ten of the leading stocks
When they were high he should sell
and put his money in the bank. When
stocks were low he could buy again.
Irishmen of New York and Brooklyn
have arranged for fitting celebrations
of the birth of Robert Emmett, and the
memory of the great Irish patriot will
he observed as never before. The
principal meeting will be held tomor-
row evening in the Academy OF Music,
Brooklyn under the auspices OF the
United Irish league, assisted by the
United Irish society, the Brooklyn
Gaelic society, the Irish American
union and unofficially, by several dl-
visions of the Ancient Order of Hi
bernians.
Speakers of national reputation Will
deliver addresses and several of the
foremost Irish artists have volunteer
ed to contribute to the concert pro-
gram.
The management of the Corn FRO
ducts Refining company has announc-
ed that the distribution under the COM
panys profit-sharing plan for the first
year ending Februarys2s, 1910, will be
at the rate of five cents a hundred
pounds. The distribution for the year
1906, when the profit sharing plan was
adopted, was at the rate of ten cents
succeeding years it was fifteen cents
a hundred pounds.
1t has been reported that the COM
pany will abandon the plan after this
year, but according to the manage
ment, no decision has yet been reached
in the matter. For the three years,
up to February 81, 1909, that the
profit sharing plan has been in opera
ton, the Corn Product Refining COM
pany and its subsidiaries have reser-
we'd $17SO,OO0 to be distributed among
their customers who have bought
ment on account of the 1900 business,
it is said, will amount to about
$500, 900
For the first time in many years, the
fruit of the hen is being imported into
the United States from Europe. AL
though shipped by an English concern
the eggs are the product Of Austrian,
German and French hens. The inn
ported eggs are selling at price sew
eral cents lower than domestic cold
storage eggs, and are said by egg
ologists to be superior to the home
grown article which has been refrig-
Grated since last summer
Under the tariff law, importers have
to pay a duty of five cents a dozen on
European hen berries. but, at prevail
ing prices, the business is profitable
Birds eggs are on the tariff free list,
and if the claim of an importer that
hen is a bird should be sustained, a
great thrush of foreign eggs may be
expected.
All the foreign eggs are coated on
the outside of the shell with secret
compound of paraffin to preserve them.
The coating is almost transparent, but
sit is so noticeable that foreign eggs
may be readily distinguished by it's