The Texas Miner, Volume 2, Number 31, August 17, 1895 Page: 2
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The Texas M iner.
bacillus. Placed in contact with the cut surface of the fruit the
bacteria survive but a few hours.
The census of Niagara Falls, recently completed, shows that
city to have a population of 16,853. The population in 1892
was estimated tobe about 10,000.
Horr and Harvey are through with their silver debate. From
Horr we heard the same old refrain of too much money—and by
law they want to take away the one-half we now have.
Dollars to dimes the gold-bug portion of the Democratic party
will take a back seat in the next convention. Boys, if you want
to be on the winning side, you'd better jump over now.
Mr. David H. Wyckoff wrote that a million horse-power could
not produce the effect that a single flash of lightning has been
known to accomplish. He believed that we have as yet hardly
begun to utilize the forces of nature.
We exported in the month of June breadstuff's amounting to
$8,954,040; provisions, hog and dairy products, $11,134,867;
cotton, 83.949,665 pounds, which brought $5,574 °9°- and min"
eral oils to the amount of $4.938,956.
The Pan-American Railroad company, which three years ago
started the project of building a railroad from Victoria, Texas,
to Brownsville, Texas, thence to the City of Mexico, is to be re-
organized and the original intentions of the promoters are to be
carried out.
In each wing of the ostrich twenty-six long white -plumes
grow to maturity in eight months. In the male these are pure
white, while those in the female shade to ecru or gray. The
short feathers are plucked for tips, and each wing furnishes sev-
enty-five of these.
It is now reported that the President repaired to a barber shop
and waited his turn just like anybody else. This seems to settle
it that Mr. Cleveland wants a third term. If he did not he
would naturally have kicked somebody out of the chair im-
mediately upon entering.
Hoke Smith, Cleveland's convert to goldbugism, who ex-
changed his well-founded opinions in favor of free coinage of sil-
ver for the office of Secretary of the Interior, makes poor head-
way in Georgia in convincing the cotton planter that reducing by
one-half our money in circulation will benefit them in the price
of cotton. Poor Hoke, your short term of office will not pay you
for going back on a'l your old friends. Ihey have soured on
you, Hoke.
Cleveland's Treasury showing for the month of July is an in-
crease of debt of $38.435.938. This comes of borrowing gold
of Rothschilds instead of using the silver in the Treasury to pay
expenses. It costs this nation a high price to pay gold
on coin contracts, but what's that to this Administration ? Why,
some of its cronies are making money out of it. More than
likely the steam yacht Marion, on which Cleveland is going to
Europe, has been paid for out of the $62,000,000 loan.
An English contemporary says: '-The production of coal
throughout the wrorld last year was estimated at 553,700,000
tons. In this total the United Kingdom figured for 185.000,000
tons, Germany for 74.000,000 tons, France tor 25,250,000 tons,
Belgium for 19,500,000 tons, Austria and Hungary tor 10,250,-
000 tons, and the United ^States for 170,000,000 tons. It is ee-
timated that 5,000,000 tons of coal were raised last year in Aus-
tralia and New Zealand, 4.000.000 tons in Canada and 3.000,-
000 in British India."
The New York World says: "Every dollar gained in Wall
street by some one who has not earned it, is a dollar lost by
some one who has. If you neither wish to rob nor to be robbed
keep out of Wall street." The Salt Lake Tribune chimes in
with "And yet it is that same Wall street that dictates the finan-
cial policy of the United States. It is that same Wall street that
the President of the United States negotiates with for money. It
is the policy outlined by Wall street that the various Administra-
tions have followed for twenty-two years."
It is evident the jury which tried Maria Barberi in New York
City are feeling the force of popular indignation over the verdict
rendered. Nine members of the jury have been polled as to
whether they desire to see the victim of Cataldo s brutality and
duplicity sent to the electric chair, and their replies are signifi-
cant. Seven frankly express the hope that either she will be par-
doned or her sentence commuted, while two refuse to say what
course should be taken. One juror makes the remarkable state-
ment that four jurors agreed to "an extreme verdict only upon
the flat understanding that when an appeal for clemency was
made to the Governor every one of the jurors was to sign
it."
OUR NEW YORK LETTER.
New York, August 10, 1895.
Editor Texas Miner:
WE have had more hot weather this week than during any
week this season and everybody who could get out of
town has done so. But the proportion of people who
could go is infinitesimal compared with those who are unable to
go. The outgo of tourists to Europe has been very large this
year, but has now about ceased, and the tide of European travel
is again setting homeward. In another month it will be the same
with our domestic tourists.
In local political circles here the event of the week has been
the convention of Good Government clubs, at which it was de-
cided that they would put in nomination a full city ticket and
thereby force the hands of Tammany Hall and the Republican
organization. The politicians in the Republican party are dis-
posed to advocate a straight Republican nomination, which would
probably mean that Tammany Hall would cast more votes than
either of the other organizations and come into power again. It
is too soon to say yet whether we shall have a combination local
ticket or a three-sided fight. In national politics there is an
undercurrent of gossip going on at the clubs and in the news-
papers, and Governor Morton is talked of here as the most eli-
gible candidate for the Republican nomination for President.
In business circles matters have been moving steadily along
and the general business situation is indicated by the following
straws:
The feature of the produce markets for the weejfr has been a
speculative advance in cotton from 7.12 to 7.25, against 6.87 the
same week last year. This advance is somewhat surprising in
view of the near approach of the new crop and the large surplus
left over from former years. Wheat declined from 72.50^ 72.12,
as against 58.50 same time last year. Corn declined from 47.12
to 46.62, against 63 same time last year. Pork declined from
$11.75 to $II-25- against $14.50 last year. Petroleum has fluc-
tuated slightly, closing at $1.30, against 80 cents last year.
Coffee remains steady at 16.25, against the same price a year
ago. Refined sugar remains unchanged at 4.62 for granulated,
against 4.75 a year ago. The market for raw sugar, however, is
stronger, and if this continues an advance in refined is probable.
The wool market is firm, with sales of 6,259,300 pounds, against
9,271,700 pounds same week in 1892.
In the industries, iron and steel continue to lead in activity,
with very firm prices all around and advances in some lines.
In the textile industries both cotton and woolen mills are busy
and staple cotton goods are very strong, with advances in many
staple lines. In woolens there has been less doing, and prices
are generally firm and flannels tending upward. In boots and
shoes prices are firm, and the same is true of hides and leather;
but manufacturers have less orders ahead than for some time
past, and some factories are curtailing production. Shipments
for the week were 93,603 cases, against 90.785 cases the same
time last year.
In Wall street the market has been inactive, with a small net
decline for the week, both in railroad stocks and industrials.
Railroad earnings show an increase of 17.2 per cent, over last
year, but are 10.9 per cent, smaller than in 1892. Clearing
house exchanges exceed last year by 23.4 per cent., but are 5.3
per cent, below the transactions of 1892.
The money market remains easy. Rates for commercial paper
are 3 per cent, for the best bills receivable, 3 1-2 to 4 per cent,
for best four-months double names, 4 1-2 to 5 per cent, for the
best single names, 5 1-2 to 6 per cent, for those less well known.
The market for bar silver has fluctuated slightly, with sales of
over a million ounces to exporters, closing at 30 i-4d in London
and 66 1-8 cents in New York.
Commercial failures for the week were 295 in the United States,
against 264 last year. F. B. T.
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McAdams, Walter B. The Texas Miner, Volume 2, Number 31, August 17, 1895, newspaper, August 17, 1895; Thurber, Texas. (https://texashistory.unt.edu/ark:/67531/metapth200519/m1/2/: accessed April 24, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.