The Nebraska independent. (Lincoln, Nebraska) 1896-1902, January 07, 1897, Page 7, Image 7

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    ;7
Jan. 7,1897.
THE NEBRASKA TN DEPENDENT.
V
OUTPUT
TOTAL VALUE AMOUNTED
TO $653,311,468.
A DECREAC E OF 3 PER CENT
Total Production of MftaM 343,311,
81 Gre-tt iiu-oiie In Gold nd
Copper L :tl l-rieuite In (Silver
-t"S Iron Spi:tiT. I.ohiI,
Coal, Coke, Etc., l'riln
titn lit the Year.
Nfw York Jan. 4. The Ens-Sneering
and Mining Journal says the pro
duction of mineral and metals in the
United States for the year 1890
amounted to S0"3,311,408, showing a
decrease, as compared with 1S95 of
824,C8y,-J(iC, or about 3 per cent This
decrase was largely iu values rather
than in quantities; in none of the chief
articles was there any marked de
crease, while in several there were
considerable increases.
The total productions of metals was
$242,311,481, an increase of $1,694,111
over the previous year, while the value
of non-metallic substances was $410,-
99fi,'J87, a decrease of $20,383,377 from
J 1895. A large part of this was due to
the lower values of coal, stone and a
few other important substances, very
littleVesulting1 from the smaller quan
tities. The production of alluminum shows
an increase of 400,090 pounds over
that of 1895, the total for the year be
ing 1,3110,000 pounds. The production
cont nues in Uie hands of a single com
pany. The increase in copper has been ex
traordinary, the total gain amount
ing to 07,763,150 pounds, which was
made in spite of a large decrease in
the domestic demands, but was ab
sorbed by the extraordinary exports of
the year, which are the largest on
record.
The gold production in the United
States in 1890 reached the total of
$57,000,000. The increase far surpasses
the gain reported from any other coun
try in the World and puts the United
States in the.lead. This country's out
put of gold was 26 per cent of the re
ported output of the entire world.
The production of pig iron was
8,769,809 long tons. The depression of
business which made itself manifest
in the latter part of the year had less
effect than had been anticipated, the
decrease from 1895 being only 677,439
tons, or about 7 per cent. The pro
duction of lead from domestic ores
amounted to 175,717 short tons, show
ing an increase of 20,863 tons over the
I preceding year. In addition to this
1' there was 79,000 tons produced from
imported ores or refined from imported
bullion. The quick-silver output was
83,012 flasks of seventy-six half-pounds
each, showing a decrease of 960 flasks
from the previous year. The produc
tion continues to come wholly from
the California mines, no new deposits
having been developed to the produc
ing point during the year. ,
The production of silver from do
mestic ores reached a total of 45,465,175
fine ounces, showing a decrease irom
that of 1895 amounting to 865,062
ounces only. The silver production
has thus been maintained better than
had been anticipated. Moreover, there
were produced from foreign bullion by
our smelters and other works no less
than 40,000.000 fine ounces of silver,
Baking the total quantity re fin ad or
put into final marketable form in this
country 85,465,173 fine ounces. This
large production was almost entirely
absorbed by the markets and the aver
age price of silver of the year shows
an actual advance which, having been
07 per cent, towards the close of the
year fell about two cents below that
point. Of the silver obtained from
foreign receipts it is estimated that
38,000,000 ounces came from Mexican
ores and bullion and 2,000,000 ounces
from materials brought into this coub
try from Canada, chiefly from British
Columbia.
The total production of spelter for
commerce for the year 1896, amount
ing to 77,084 short tons, showed a de-
crease of 4,074 tons from that of 1895.
The production was fully up to the de
mand, however. Of the spelter 31,431
tons came from Illinois and Indiana
districts, 30.331 tons from the Kansas
Missouri region and 9,322 tons from
i. i . i. . 1 . : 'in. -
latter as well as the Illinois showed a
decrease, a slight gain being reported
from the Kansas-Missouri region.
As was inevitable in a year of busi
ness depression, the increase in coal
was not large, in fact it is surprising
that bituminous coal should have
shown anything at alL The output in
1890 was 141,770,099 tons, showing a
gain of 4,371,752 tons over 1895. On
the other hand there was a decrease of
6,782,057 short tons in anthracite pro
duction, this amount being greater
than the gain in bituminous. The
. total coal production was therefore
1 193.351,027 short tons and the total de-
crease as compared with '.895 was 2,-
410,305 tons. With ordinary prosper
ity and activity in manufacturing we
would doubtless have passed 200,000,-
000 tons before this, and it is to be
hoped that point will be reached in
1 897. The production of coke showed
a gain of 44,46 tons; chiefly due to the
activity of the iron and steel trades in
the earlier part of the year. The price
of coal continues very low, the average
for bituminous coal at mines being be
low $1 per ton.
An Actress and a Count Hetrotbed.
Jersky City, N J., Jan. 4. The en
gagement is atflounced of Carrie
Ewald "431 lately member of Froh
nan's iMdsueraders, to Count Julian
Charles Rada of Buda I'esth, the cere
mony to take place February 6, but
the bride will not become the Countess
Rada before the death of the count's
father.
A Groom of 89 and Hrlde of 97.
Dekkfikld, N. II., Jan. 4. Jacob
Witham. aged 89, and his housekeeper,
,rs. Brown, aged 97, were married
re. Both are remarkably vigorous
r their years
RAILROADING IN (896.
A Year of Many DUapputnl mentt and
Urrat Lou of Capltnl.
Chicago, Jan. 4. The year just
..losed has been one of disappointment
and losses in all lines of business, says
the Railway Age, and as the railroads
cannot prosper when other interests
suffer they have painfully reflected the
general depression. The promise of
increased earnings given early in the
year was not sustained, and as a con
sequence many companies which, if
good times had begun, would have
been able to meet their obligations,
w,ere obliged to default and turn
over possession of their property to
the courts. Instead, therefore, of the
expected decrease in the number of in
solvencies compared with the previous
year, we find an increase in both the
number and mileage of roads placed
in the hands of receivers, although the
capitalization involved is considerably
less. Compared indeed with either
1894, 1893 or 1892, the record of 189a is
favorable, although at the best it is
still bad enough, for it shows that dur
ing last year thirty-four roads, with
5,841 miles of lines and a bond and
stock capitalization of about $.,9.".0O0,
000, joined the list of railways opera
ted by receivers.
The five years of financial trouble
commencing with 1892 have left a
record of bankruptcies far greater than
that of the preceding ten years and
more. In that period 213 roads have
been turned over lo receivers, with
lines aggregating 50,403 miles, or 30
per cent of the entire present mileage
of the United States, and a capital
ization representing over $179,001,000,
or about 30 per cent of the bonds and
stock of our entire railway sybtem to
day. These are apalling figures. Cer
tainly no othr form of business in
vestment has suffered such loss as the
railways within the past few years.
In 1896 no less than fifty-eight roads
were sold for their creditors, repre
senting 13,730- miles of lines, and the
enormous capitalization of $1,150,
UUO.OI.'O. '1 he most imparl ant failure of the
year was that of the Baltimore and
Ohio, with 2,094 miles of road an 1 over
$124,000,000 of bonds and stock, h .sides
heavy floating debt and arrears of in
terest. The bankruptcy of this old
and formerly profitable company was
discouraging evidence of t.ie effects
of unlimited competition. The other
notable failures include the Louisville,
New Albany and Chicago, 501 miles
and $28,750,000 of liabilities; the
six roads forming the Vandalia
system, aggregating nearlv 000
miles and $24,000,000 of " bonds
and stock: the Pittsburg & Western,
involved in the embarrassment of the
Baltimore & Ohio, 325 miles and $18,
500,000, and two related Eastern roads,
the Central Vermont and Ogdensburg
and Lake Champlain, covering 778
miles of road and nearly $17,000,000 of
investment.
The summary of receiverships for
last thirteen years shows that 412
roads with 90,876 miles of track and
nearly $5,000,000,000 of capital have
gone to the wall.
AN OATMEAL TRUST NEXT.
The Mills of the Country Arranging a
Combine High Prices Coming,
Chicago, Jan. 4. The Tribune to
day prints the following: "Nearly
every oatmeal and cereal mill in the
United States has just entered into an
agreement that amounts to a trust to
regulate the output and prices of oat
meal, rolled oats and other breakfast
cereals. The new trust is called the
Cereal Millers' association. Ten days
ago the representatives of the mills in
the trust held a meeting in this city
and another meeting probably will be
held January 12, when it is likely, if
the trade outlook has improved by that
time, there will be a big advance in
prices. The general manager of the
association is George W. Brown of
Sioux City, Iowa. Most of the mills
that compose the trust are located in
Iowa and Ohio.
CHECK FILIBUSTERING.
The Vesuvius and the Dolphin Added
to the Fleet Off Florida.
Washington. Jan. 4. The dynamits
cruiser Vesuvius and the armed dis
patch boat Dolphin have been ordered
to Florida waters to reinforce the fleet
of government vessels now engaged in
the effort to suppress the filibustering
expeditions to Cuba. There are now
two warsHips, the Newark and the :
Raleigh, .helping the revenue cutters ,
in this service, and it may be that the
cutter fleet also will be reinforced.
This is taken to mean that the govern
ment is determined to leave no sound
ground for complaint by the Spanish
government.
A New Kansas County Wanted.
Lincoln Cestkk, Kan., Jan. 4. Pe
titions are being circulated in Ells
worth, Russell, Osborne and the west
end of Lincoln county for the creation
of a new county by taking a portion
of each of the counties named. The
petitions call upon the representatives
of these four counties and iSenator
Helm to unite in the legislature to ac
complish this. Already Sylvan Grove,
Lucas and Wilson are aspirants for the
county seat of the proposed new
county.
Fresh Cuts on Coffee.
Toi.F.no. Ohio, Jan. 4. Yesterday
the Arbuckles met the one cent reduc
tion in package coffee made by the
Woolson Spice company, and this morn
ing the latter cut a half cent lower.
The officers declare that they will keep
prices under that of the Arbuckles at
any cost
An "Old Tennessee" Company Stranded.
Atchison, Kan., Jan. 4. The "Old
Tennessee" company, wldch left Kan
sas City recently, is ded here, its
effects having bee 1 ..iched for a $42
hotel bill. Tiie sctors claim that
Henry and Thomar Tralle, the man
agers, skipped out last night, taking
all of the funds. The twenty-two
members of the company have no
means to get out of town.
Heavy Siiotr at Larned, Kan.
LARNf.i), Knn., Jan. 4. Snow is fall
ing heavily here to-day and pilling up
in drifts that will make travel difficult
if it continues a few hours longer.
WJJIIIDAffil.
WRECKED ILLINOIS NA
TIONAL BANK.
DROWNED IN THE LAKE.
Traced by Papers to the Lake Side In
EvauBton Generally Held Responsi
ble for tlie l(:ink' Failure
Charged With Speculating
and Misuse of Funds
Omaha ttauk Cloned.
Chicago, Jan. 4. V. A. Hammond,
the late second vice president of the
defunct National Batik of Illinois,
called on Percy Palmer, his old friend
Bnd confidential adviser, at 8 o'clock
last evening and talked gloomily about
his future prospects. Palmer talked
encouragingly to him and about 11
o'clock he went to his home in Evan
ston and about 11:30 retired for the
night. He and his wife had been in
the habit of sleeping in adjacent rooms.
Early this morning Mrs. Hammond
noticed that the door connecting the
two apartments was open, looked into
the room and found that her husband
was not there. His night robe hung
over the foot of the bed and his watch
was on the table, but his clothes were
nowhere to be found, and he had not
taken his shoes and stockings.
The police were notified and soon
found a well-developed trail in the
form of numerous scraps of paper,
which led to the lake. A federal life
saving crew at once began a search for
the body, and at 12:50 o'clock this
drowned body was found at the foot
of Dempster street pier and taken to
the Evanston police station.
CHARGES OF IHUEGULAKIl'lKS.
Hammond was the vice president of
the National Bank of Illinois, and was
ictive in its management, in fact, he is
said to have been the responsible head,
since President Schneider was too
feeble to do much work and the large
loans to the Calumet Eleetric company,
particularly, and to others, which re
sulted in the closing of the bank, are
understood to have been made by him.
The first open charges against the
business integrity of Hammond were
made only about ten days ago. Then
he was accused of enacting the charac
ter of a "kiter." He was accused of
deceiving the directors of the bank
and the depositors and deliberately
violating the national bank law. His
alleged irregularities were said to
have begun many years ago, when, it
Is alleged, he began to use the money
and credit of the bank in outside spec
ulations. This was done in such a
manner, it was generally reported,
that not only were the directors de
jeived. but the bank examiners as
well. Even old employes, thoroughly
familiar with the inside workings,
were said to have been unaware of
what was going on under their eyes.
When it was openly charged that he
bad falsified the bank accounts an in
vestigation suggested that the irregu
larities must have begun at least four
years ago. At that time he is said to
nave interested himself in the now
famous Calumet Electric railway. It
Is now believed that the first over
drafts to this railway, amounting to
17'5,000, were made at that time, when
the comptroller of the currency imme
diately called for a statement from the
bank and Hammond disguised the ir
regularities by designating the over
drafts "foreign exchange."
This alleged irregularity only came
after many years of diligent service in
the institution, the wreck of which
proved disastrous to many. In these
years ' Hammond saved money, and
worked early and late, and the posi
tion he came to occupy was the result
of his years of frugality and merit.
Some of his savings invested legiti
mately in mining schemes brought
him a good profit, which he im
mediately put into the stock of
the bank. After he had served as
cashier and became second vice presi
dent, it is said, he began to personally
Interest himself in many corporations
which were applicants for loans and in
this way. in course of time, he drifted
into unwarranted speculations. Where
these turned out badly he is now ac
cused of sending "good money after
bad-' and disguising his over-loans in
various illegal ways.
TIIK FIRST SUICIDE.
The suicide of Hammond recalls the
cuieisie of Otto Wasmansdorff, the
banker, a few days ago. Wasmans
dorff's death was the direct result of
the failure of the National Rank of
Illinois, the collapse of that institution
pulling down the firm of Wasmansdorff
&. Heinuemann.
Omaha Bank Failure.
Omaha, Neb., Jan. 4. The total lia
bilities of the Omaha Savings bank,
which closed to-day, arc 8890,000, and
the assets exceed this amount by S200,
000. The securities are excellent and
no loss will result to depositors. The
bank has been in existence for fifteen
years. It has no connection with anv
other bank and will not cause other
Omaha institutions any inconvenience.
A (old Wave Strikes Oklahoma.
Pf.rkv, Okla,, Jan. 4. A blinding
sleet storm with the wind blowing
twenty-five miles an hour struck Perry
at 9 o'clock this morning and the mer
cury went down 40 degrees.
Abbey's Widow In I.onilon.
London, Jan. 4. -The Strand theater
Is being redecorated for the new les
see, John Sleeper Clark, who has se
cured Florence Gerard, widow of the
late Henry F. Abbey, of New York, as
h is leading lady. The opening plays
will be "The Prodigal Father" ami
"Home, Sweet Home."
Ovations for Mr. McKlnley.
Ci.F.VF.r.AND, Ohio, Jan. 4. President
elect McKinley's trip to Cleveland this
morning was a succession of ovations.
At Bedford, Newburg and other sta
tions crowds of workingiuen cheered
the President-elect.
TIGHT LACINO DOOMED.
The Venus Waist Is Constantly Gaining
Popularity.
That English authority, the West
minster Gasette, pronounces the wasp
waist doomed. It says that while the
news came from Paris, the accepted
fountain head of all such information,
as a matter of fact the fashion cornea
from the west end of London. It is
really no very new thing in England,
this desire to emulate the outline of
the Venus de Milo, with her waist of
generous circumference. "For years
the doctors have been decrying the
evils of tight lacing, and it only re
quired the excuse offered by cycling
for the ladles who set the fashion of
England, and often of the world, to de
clare in favor of a return to nature.
Gradually the Grecian waist has been
gaining popularity. A Regent street
ladies' Jailor, who has sold, he declares
a thousand cycling habits this season,
stated this morning that his books un
doubtedly prove that the standard is
increasing. 'They are letting them
selves go more and more," he said, wax
ing enthusiastic on the subject, 'even
those who are Inclined to be stout.
Would you believe that a lady came
in here not long ago and was meas
ured for a morning gown with a twenty-five
inch waist? When she came
to have it fitted her waist measure
ment was twenty-seven inches and we
had to alter the gown accordingly. We
are glad enough to notice the chang
ing fashion and we encourage It all we
can. It is much easier for us to give
a stylish cut and a perfect fit if we
follow nature, by which I mean nar
row sleeves, a flat back and 'a ' large
waist' The buyer in the costume de
partment of one of the largest and
most fashionable west end establish
ments, who has Just returned from
Paris, stated to our representative that
the change is not very perceptible
there at present either on the street or
in the shops. He agreed that the
standard was steadily increasing, but
doubted whether any sudden revolu
tion in form could be expected. It
was a matter in which the costumera
were at the mercy of the customers, an
interesting reversal of the usual ar
rangement." pjooau
BindiapBimj -paJBaddBSip pun jaajja
eq; oj paduosa B-seqio eirj nq 'B-iaSuas
-SBd en jo amou Aq paiM sJbj
eqi jo aajqj, 'pajurej irenvre raaqi js
euo 'A'.mj eini peureajas jCaq esanoo jo
pus 'j bo eq uj uaraoM. reiaAas ejaAv
eaaqx uoon ottt J3ao n pai-unos sbj
eqx 'ino paddojp monoq eqi pun 6o
eqi ib 2uji eqi A"q dBJ eqj dn paspid
A"ssaajTO en 'SO a8 o; ota eq eaaqM.
E'9jsnAioi-uop 9 paqoBaJ jbd eq m
-tin jiqijDoins Snore )U9M. Suiqi&aAgi
araoq joj Juo ;aaj?s qjuax papJBoq eq
naqx 'puq aq uqA Sujaas mojj onqnd
enofjna oo) v )uaAaad b; jadud qiM
pajaAoo eq qajqjA 'dBJj pauojqsBj-pio
ub ui maq nd en raaq? jo uazop v
pajnoas puB 'Sjq puB injnueidJB sjbj
9-ieqAi umo dn esnoqdJBM Sq b sdaaif
oqM puapj b 0 uaA. eq os 'aun )Bq
uj AHuqB Mop eq; aAOJd 0 paUBA
leuMO Aau eqx Soi B jjo 9uihbj sb
sBa SB s)bj ui? Pinoa j Bqi A)treaBn3
uaniJ b q;iAV mq o) naAjS uaaq pBq
Sop eqx A"Bpjtj no jbo jaaxjs q?uax
jo 6ja3uassBd eq Suoure uontfuaajsuoo
pBaids pnoad AJ3A sj oq qoiqjt jo J9j.ua
-JBI B BUM.Q OqM UBIU u"A0-UMOp V
'S3 )sax;g Si s?2
Contagious Yawning;.
Two young n.tii uouided an Oidtown
trolley car one afternoon this week to
settle a very peculiar wager, the one
having bet the other a $5 silver cer
tificate that he would make six people
out of ten yawn anywhere without say
ing a word. A well-filled car was se
lected for the purpose. The young
man who had proposed the wager had
not taken his seat many minutes when
he opened his mouth and gave a fear
ful yawn. He speedily followed It by
another, and then awaited results. A
moment later a middle-aged lady
promptly put her hand up to her
mouth to smother a cavernous yawn
Almost everybody In the car after thaf
seemed in a desperate hurry to follow
the lady's lead. Out of the nineteen
people In the car there were fourteen
who were seized by the affliction. Ban
gor News.
BLOOD IS LIFE and upon the purity
and vitality of the blood depends the
health of the whole system. Experience
proves Hood's Sarsaparilla to be the
best blood purifier.
HOOD'S PILLS act easily and prompt
ly on the liver and bowels. Cure head,
ache.
SILVER ORGANIZATION.
Unversity Place Bimetallists Get Into
Line for the Battle of igoo
Ukivebsity Place, Neb., Dec. 31.
The cause of silver has not yet been ex
tinguished in this place. Last Thursday
evening seveial of its advocates met
here and fom ed on organization known
as the University Place Bimetallic
Un ion. The i flicers elected are: Presi
dent, Wr. N. Sarver; secretary, W. C.
Keek.
For Sale.
Wm. Larrabees book on "The Rail
road Question. If you want to be posted
on this all important subject send 25
cents and get this book. It contains
480 pages and usually sells for 60 cents.
Our price 25 cents.
Nebraska Independent,
tl Lincoln, Neb.
Miss Stella Douglass, who has been ill
for the last ten days is improving and
her many friends will be glad to learn
that their geniel companion is in a fair
way to speedy recovery.
We send tho French Kcmedy
CALTHOS free, (nC o.h ti u.l
It'iMl guarantee that Calthos will
STOP ll-hurff. and F.mlulolm,
t'l'KK fcpcrmiuorrlM'M. Varicocele
and KKKTUKK Lo.t V'lgur.
i Ute it and pay if satisfied.
VON MOHL CO., 304 B,
Bnl Awrifu imb. Cinriaaatl. Ohio.
FIRST BATTLE
Hon . J. Bruar s lrGZii !;oor$
jLill bo rcada ion deliverer
about Jar! f,-187. '
1
rT.ZZ
IT will contain:
An Account of is Famous Trip.
A Review of the Political Situation.
His Most Important Speeches.
The Results of the Campaign of 1896.
His Biography Written by Wife.
This Magnificent Volume
contains 800 pages, printed from large, clear type, on a superior
quality of paper, with 32 full page illustration. It will be hand
somely bound in cloth, with a portrait of the author forming the
design upon the cover.
MR. BRYAN
will devote one-half of the royalties received from the sale of the
book to furthering the cause of bimetallism.
The Evening Post and Nebraska Independent
have secured the exclusive right for the advertising and sale of
this book in the city of Lincoln, Orders will receive the prompt
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