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About Valentine Democrat. (Valentine, Neb.) 1900-1930 | View Entire Issue (Oct. 10, 1907)
NCIAL CHICAGO. 'Activity in the leading proJucincr in- 'Sustries discloses iu diminution , although 'the aggregate of new demands has fallen below the exceptional bookings at this "time last year. Delay in agreement upon the new rail speciiicntioa hoHs up . -many contracts for steel mills and lessens thc demand for pig iron , but indications ire good for an early lifting of this temporary - , porary embargo. Other heavy manufacturing lins main tain steady drawing upon capacity and absorb Jarge quantities of supplies , and current deliveries of finished products ere remarkably large in machinery , hardware , cars , furniture and footwear. The course of prices affords ome re lief to consumers of raw mteri.il and receipts of the latter continue ample , while values of leading outputs of the factories remain unchanged. Financial -conditions are paramount in considering Qew enterprises and , while no decline in 'tho cost of borrowing may be looked for -eoon , there is a better feeling in the < flioncy market , which begins to have a , salutary effect upon business. A most encouraging feaiurc is the 'jus- stained enormous marketings of grain and 'the rapid conversion of these and other 'farm products iixo cash , all making sub stantial addition to the circulation of money , which must eventually stimulate commerce and widen confidence. "Buying of necessaries reflects satisfac tory headway , trade in the leading retail departments being seasonably strong and much augmented by liberal purchases of /many visitors from the interior , For- wardings of stable merchandise exceed itliose at this time last year , and country merchants operate freely. 1 Western advices indicate prosperous iconditions throughout the agricultural sections , and country stocks of merchan dise under gratifying reductions. Collec- fcions at most points are reasonably prompt , while the record of defaults < again makes a favorable showing. freight movements by both rail and 'take are much in excess of those a year vago , and the calls for cars to rush breadstuffs - > -stuffs , coal and lumber begin to overtax equipment. The total movement of grain fit this port aggregated 10,977,081 bushels , / " * ( against 9,791,091 bushels last week and 0,627,011 bushels a year ago. Bank clearings , $240,904,950 , exceed / lose of corresponding week in 1900 by / ,8.5 per cent Failures reported in the -Chicago district numbered 1C , against 23 ' . .lastweek , and 19 a year ago. Dun's Re view of Trade. NEW YOBS. "Retail trade feels the stimulus of long -Awaited cool weather , as does also fillftig In order business from jobbers. On the -other hand , regular house trade has de- .creased in volume , , now that the first rush of faJl trade is over , and shipping of on orders is engrossing jobbers' at tention to a large degree. Advices as to the real proportions of autumn trade vary with the sections reporting. Collections . .are still a matter of complaint at many markets east , west and south , the latter section noting that the recent freer inove- .ment of cotton has only made for partial improvement. Conditions in the shoe and leather industry are irregular. The re- -Btriction of output of sole leather is re flected in firm prices for desirable grades , Some dealers claim concessions side leather in the Boston market. Shoe ship- . . .tnents from eastern Massachusetts are 4.4 per cent less than a year ago. Business failures for the -week ending . 'Sept. 20 number 100 , as against 179 last Aveek , 105 in the like week of 1900 , 1S5 in 1905 , 179 in 1904 and 153 in 1903. "Canadian failures for the week number -SO , as against 40 last week and 27 in -this week a year ago. Bradstreet'a Com- Report. Chicago Cattle , common to prime , c$4.00 to $7.25 ; hogs , prime heavy , $4.00 * o $0.05 ; sheep , fair to choice , $3.00 -to $5.05 ; wheat , No. 2 , 90c to 97c ; corn , No. 2 , G2c to G3c : oats , standard , 50c to 52c ; rye , No. 2 , S9c to 90c ; hay , 'timothy , $12.00 to $17.00 ; prairie , $9.00 to $15.00 ; butter , choice creamery , 23c -to 2Sc ; eggs , fresh , ISc to 21c ; potatoes , per bushel , 55c to GOc. Indianapolis Cattle , shipping , $3.00 to $7.00 ; hogs , choice heavy , $4.00 to . -$0.55 ; sheep , common to prime , $3.00 -.to $4.75 : wheat , No. 2 , 93c to ! )5c ; corn , No. 2white , (51c to G2c ; oats , No. 2 white , 49c to 50c. St. Louis Cattln , $4.50 to $7.20 ; iioss , $4.00 to $0.70 ; .sheep. $3.00 to . . S O : wheat , No. 2 , $1.00 to $1.01 ; corn , No. 2 , 02c to G3c : oats. No. 2 , 47c to -4Sc ; rye. No. 2 , S2c to Sc. : ; Cincinnati Cattle. $4.00 to $ -.05 . ; hogs , $4.00 to $ G.)5sheep. ) ; . $3.0 ! > to . . $5.00 ; wheat , No. 2 , 9Sc to ! > ' . ) c ; corn , Iso. 2 mixed , G4c ro G. > c : .oats. No. 2 -mixed , 50c to 51 c ; rye. No. 2. SSc to ! > 0c. Detroit Cattle , $4.0U to $ : > .10 : hoys. _ $4.00 to $0.45 ; sheep. S2.30 to $ i. . > 0 ; -wheat , No. 2 , 97cto 98c : corn. No. 3 yellow , GSc to Gc ! ; oats. No' : ; white , .52c to 53c ; rye , No. 2 , SSc to 8 ! > c. Milwaukee Wheat , No. 2 nonhorn , $1.08 to $1.10 ; corn , No. 3 , Glc to < i2c ; oats , standard , 51c to 52c ; ryo. X < > . 1 , B9c to 90c ; barley , standard , 9Uc to $1.01 ; pork , mess , $1 > .5C. Buffalo Cattle , choice shipping s'rs. . i$4.00 to $0.50 ; hogs , fair to choii - , oi.K ( ) -to $7.00 ; sheep , common to souil miv.M , $4.00 to $5.25 ; lambs , fair to cliuice , 35.00 to $8.25. New York Cattle.1.00 to $ ( ! .41 ; togs , $4.00 to $0.70 : shpop. $3. r to $5.00 ; wheat , No. 2 red , $1.04 to $ UW , corn , No. 2 , 77c to TOc ; oats.-natural hite , 5Gc to 58c ; butter , creamery , 2uc ISc to 2'Jc. to 28c ; eggs , western , Toledo Wheat , No. 2 mixed , 97c to SSc ; corn , No. 2 mixed , G-lc ro < > > ; oats , No. 2 mixed , 51 c to 53c ; ryr , No , . 2 , 87c to SSc ; clover seed , prime , $10.70. BIG OIL TRUST PROFITS. Ycrlc Hearing : S2imv Profit of J4OOJ3."il:54 : in Scvon YTear * . The hearing before Special Federal Referee Ferriss of Missouri in the gov ernment suit to dissolve the great oil com bination wa begun at New York , with Attorney Frank B. Kellogg representing the government and John G. Milbimi and others as counsel for the Standard Oil Company. Mr. Kellogg submitted in evi dence statistics compiled by the Standard Qil officials , showing that the Standard Oil Company of New Jersey had earned profits in the last seven years aggregat ing $490,315,934 , and that during the same time dividends had been paid to the amount of $308.359,403. These profits came from the plants owned by the parent companj as well as from those of the subsidiaries controlled by it. This was the first time in the history of the oil trust that a record of its earnings entire had been made public. Acting Controller Fay of the Standard said there were nineteen subsidiary companies , and gave their names. The evidence is being taken for use in the Circuit Court at St. Louis , where the dissolution suit , under the anti-trust law , is to be prosecuted. Mr. Kellogg , among other things , wanted the company to produce the minutes of the various meetings at which the absorption of smaller companies was arranged , but the counsel for the company was inclined to resist. The examination of Charles M. Pratt , secretary of the trust , brought out the fact that the parent company had trans ferred its ? 4,000,000 holdings in the Waters-Pierce Oil Company of Texas tea a son-in-law of Vice President Archbold from 1904 to 1907 , during the ouster pro ceedings brought against the subsidiary by the State of Texas , and that only $125,000 in cash was paid for the stocks , the remainder being in the form of a note ivki&i was never fully taken up , tha prof its of the Waters-Pierce company going toward the payment of the note. Mr. Pratt admitted that this transaction did not appear on the books of the Standard , the accounts being kept under the title , "C. M. Pratt Investment. " Mr. Pratt explained that by this arrangement he held the stocks for the trust merely as a. convenience , and when asked if it was not done to avoid the anti-trust laws of Texas he replied , "Not that I know of. " Tabulations were also verified showing enormous earnings of subsidiaries , among which those of the Standard Oil Company of Indiana appeared most remarkable. This corporation on a capitalization of ? 1,000,000 made profits in 1900 amountIng - Ing to 10,510,082 , and last year paid to the parent company $4,495,500. This amounted for at least one year to the re markable profit of 1,000 per cent. Mr. Kellogg also brought out evidence show ing how the New York branch had been systematically drained by saddling upon It enormous liabilities at the same time that its assets were greatly increased. Counsel Milburn disclosed one line of de fense by giving notice that the trust would object to any testimony bearing upon acts committed prior to July 2 , 1890 , when the Sherman law went into effect. BIG CORN SHOW. More than 1OOOO Entries Tor tli exposition to Bo Held in Chicago. That there will be more than 10,000 entries for the National Corn Exposition which is to be held in the Coliseum at Chicago , is the confident belief held by the management , based on the hearty re sponse that met the first appeal to the farmers in the corn belt. Within a few days after sending out the list of the classifications for the entry of corn to contest for the $10,000 cash prizes and the $25,000 in special premiums offered , application for 1,500 entries were made. Quite apart from the educational end of the exposition , it will be especially strong in attractive show features. While the most striking of these doubtless will be the lavish decorative scheme which has been completed at an expenditure of $30- 000 , a number of specialties have been arranged. iSMS M Freight traffic is reported to be increas ing at an abnormal rate in New Eng land. Reports from California state that the Southern Pacific road is preparing to run its trains in that State by electricity. The fortieth annual number of Poor's Manual , recently issued , places the gross earnings of the railroads of the United States during 1900 at $1,124,500,390 , an increase of $234,442,510 over 1905 , in Bpite of increased wages and cost of ma terials. There were 815,774,118 passengers - ' gers carried last year , and 1,010,099,829 tons of freight moved. The avnrage re ceipts per passenger per mile was 2.011 cents , as against 2.02S in 1905. The average revenue per ton per mile on freight decreased from .784 cents to .700 cents. The total assets of all the rail roads amounted to $17,534,381,033. The total funded debt of the roads is $7,851- 107,778 , being a slight increase over the previous year. The increase in capital stock was $304,452,151 , the total now be ing $7,100,408,970. The total increase of liabilities of all kinds was $1,199,015'- 867. The construction of new road dur ing the year was 5,510 miles , making a total at the end'of 130G of 222,635 miles. The Erie railroad has received an all- eteel passenger coach , which is practically non-wreckable and will not burn. There is less than 300 pounds of wood or other inflammable material used in its construc tion andp all of that has been treated with a preparation which , it is claimed , renders it immune to an ordinary degree of heaty The car looks like the standard passenger coach in general use , but Us weight is much In excess of the wooden car , being nearly 100,000 pounds. The car is BO strongly built and-so well riveted and bolted that it will stand almoat anj hock that railroad servlct vill jivd it. MEMORIAL TO PRESIDENT WILLIAM M'KBTLEY DEDICATED AT CAlTTOtf , OHIO. r ' lUJfVEIX.ITfGrUOJ' OTHZ " EXCERPTS PROM ROOSEVELT'S TRIBUTE TO WILLIAM M'KINLEY. His broad and deep sympathies made him feel a genuine sense of oneness with all his fellow Americans whatever their station or work in life. * He was not only a leader of men but a helper of men. He always grew to greater stature as larger responsibilities confronted him. He deserved to have his life work char acterized in Lincoln's words as being car ried on "with malice toward none ; with charity for all. " A citizen who loved peace , he did his duty faithfully when the honor of the nation called him to war. We are the best friends of the man of VAST MEAT INDUSTRY. Department of Commerce nml I l.s.suc.s Imporlttiit Bcillclin. The Department of Commerce and La bor has issued a bulletin on the meat in dustry. The number of wholesale estab lishments engaged in slaughtering and meat packing during the last year was 929 , with a combined capital of $237,713- G90. They furnished employment to 74- 134 wage earners , paid $40,326,972 in wages , consumed materials costing $805- 850,909 , and manufactured products to the value of $913,914,024. Although 41 States and territories con tributed to these figures the industry was practically monopolized by 14 States , Illinois , Kansas , New York , Nebraska and Missouri leading. In each of six cities' the value of products reported was over $35,000,000. Chicago ranked first with products val ued at $209,581.480. ( K. C. K. ) . Omaha , New York , St. Joseph and East St. Louis followed in order. For ( K. C. ) the value of products is not given because of so few establishments that the figures might ibe used to determine individual opera tions , and the census office adheres to the rule not to publish statistics which might be so used , it is announced. About 7.000,000 beeves , 11,000,000 sheep and 31,000,000 hogs were slaugh tered for use in this industry. The beeves cost about $2Si.000.000 ) , sheep about $44,000,0(10 and hogs about $330- 000,000. In addition the establishments slaughtered other animals to the value of about $13.000.000 , purchased about $53- 000,000 worth of meat already dressed end paid about $72.0UU.OOO for materials , supplies and transportation expenses. The leading product of the industry was beef sold fresh , of which 3.748,055- 377 pounds were produced , valued at $247,090.724. Salt pork \YJS the second product in respect to quantity , slightly exceeding hams , smoked bacon , sides and shoulders : but the smoked products were of a greater aggregate value. Each of these products and also pork sold fresh and refined lard , exceeded in quantity 1,000,000,000 pounds. The value varied from nearly $75.000.000 for the refined lard to over $132,000,000 for the smoked products. The quantity of most of the more im portant products increased between the censuses of 1900 and 1905. For fresh beef the increase was over 800.000,000 pounds , or 28.5 per cent'salt : pork , over 185,000,000 pounds , or 13.7 per cent ; re fined lard , over 15,000,000 pounds , or 17.7 per cent ; fresh pork , nearly 3.000- 000 pounds , or 2 per cent. The quantity of hams , smoked bacon , sides and .shoul- . ders , on the other hand , decreased over 400,000,000 pounds , or 22.8 per cent. . Canned beef , salted and cured beef and neutral lard also decreased in quantity. property * * * when we set our faces like flint against those offenders who do wrong in order to acquire great wealth , or who use this wealth to help wrongdo ing. Many lessons are taught by his career , but none more valuable than broad hu man sympathy. Arrogance toward the weak and envi ous hatred toward the rich were equally abhorrent to him. Wrongdoing is confined to no class. Good and evil are found among rich and poor , and in drawing the line we must draw it on conduct and not on worldly possessions. Although only six States elect Gov ernors this fall , for an off year the No vember elections will have unusual inter est because of their bearing on national politics and the presidential campaign of 1908. Mississippi and Kentucky may be con ceded to the Democrats. But in Mary land , which the Democrats carried for Warfield in 1903 by 12,085 , the following year the presidential vote was so close that one Itoosovelt elector was ohosen. The Rhode Island Democrats last year elected Higgins Governor by 1,318 , but they lost the State to Roosevelt in 1904 by 10,700. Of the two Representatives in Congress elected last year Granger is a Democrat and Capron a Republican. In 1904 the Republicans carried New Jersey for Roosevelt by 80,598 and for Stokes for Governor by 51,044. Guild was elected Governor of Massa chusetts last year by 30,233 ; but the tariff-revision issue , if the Democrats are capable of taking advantage of it , may be a determining factor in the pending elec tion. General significance will also attach to the election in New York of two judges of the Court of Appeals , the Assembly and possibly of the State Senate. Among the State officials elected last year Gov. Hughes was the only Republican. Nebraska. Mr. Bryan's State , will elect only minor State officials. In 1900 Shel don , Republican , defo.ue-l Shallirnbersei' , Democrat , for Governor by 12.973. The Roosevelt administration and the Taft presidential candidacy are directly involved in the Cleveland mayoralty con test because of the open indorsement of Representative Burton by President Roosevelt and Secretary TaV. Because of the uncertainty of the result and the importance of the issue none of the State elections * vill command a more general in terest than the Cleveland contest , remarks the New York World. ' News of Minor Note. Methodist foreign mission schools have over 70,000 pupils. Niagara Falls as a power generating plant is worth $40,000,000 a year. Car repairers struck at Galveston , Texas , in sympathy with the Southern Pacific dock workers. The cotton crop of Egypt , which ex ceeds 7,000,000 cantars ( a can tar being a little over ninety-nine pounds ) , shows a large increase over all records of the past'decade. It is estimated'to be worth $150,000,000 rrp HE dedication in Canton. Ohio , J | of the magnificent McKinley mausoleum , the tribute of the na tion to the memory of the martyred President , took place before 50,000 men and women assembled froni all parts of the United States. Many of the foreign countries were officially repre sented. The * formal exercises of the dedication ceremonies were begun bj Justice William R. Day , Mr. McKin ley's Secretary of State , who delivered the opening address in his capacity as chairman of the Memorial Commit tee. Judge Day explained that upward of 1,000,000 persons bad contributed to the mausoleum fund , representing ev ery State in the Union and every civil ized country in the world. The invoca tion was pronounced , just before Judge Day's address , by Rev. Frank M. Bristol tel , pastor of the Metropolitan Metho dist Episcopal Church of Washington. Following Judge Day's remarks , "The Star-Spangled Banner" was sung by the entire assemblage of 50,000 , accom panied by the Grand Army Band of Canton. Governor Harris of Ohio was then introduced and delivered an ad dress , which was followed by the un veiling. Then Miss McKinley slowly drew back the American flag and dis closed the bronze figure of her brother , represented in the attitude of deliver ing the last speech of his career on the day of his assassination at Buf falo. Sept. G. 1901. After the reading of Mr. Riley's poem on "William Mc- Kinley" and the giving of President Roosevelt's address tbe program w.as closed by the singing of "America" by the vast throng and the bestowal of the benediction by the Right Rev. Ig natius Ilorstmann , Bishop of Cleve land. Immediately upon the finishing of the formal ceremonies President Roosevelt and his party visited the in terior of the tomb. The invited guests followed , and then the general public was admitted. THE GREAT WHITE PLAGUE. Consrres.s on the Subject to Ee Ileld jVext Year in "VVn.sIitiiKton. Next year an international congress on tuberculosis is to be held at Washing ton and the most prominent men in that specialty of the profession of medicine from all over the world will attend. To bring these men to this country and en tertain them while here will require $100- 000 , $40,000 of which has been subscrib ed. During the congress the delegates will be divided into groups and these groups of men will visit every large city in the United States and give popular lec tures upon this subject , trying to put before the public the awful ravages of this most awful disease , teaching them how to so care for their bodies that they may not contract it , or having contract ed it , if in its first stage , teach them how to recover from it. As , a prominent bacteriologist says , "consumption is a disease which the people ple must cure : doctors alone can't do it and an- attempt to eradicate this disease must be a social as well as a medical movement. Therefore , great good is ex pected to result from these popular lec tures , given by the delegates. " Committees have been appointed in each State in the Union , and Mayors and health officers of every city of any size have been asked to participate in this congress to awaken interest and to diffuse knowledge all over the country regarding the dangers of tuberculosis , its care and the best methods of preventing its spread. The American people some way can't be made to realize the inroads this dis ease makes yearly. Over 150,000 pprsons die in this country every year of tubercu losis and over 1.000,000 are affected with it in the United States to-day. Pure , fresh air in our homes every minute of the day and night , perfect cleanliness of our bodies we must have if we would be surely safe. In many States already State hospitals have been built for the care of early cases of tuberculosis among the poor , aul in Iowa they have a State lecturer , who goes from city to city , from hamlet to hamlet , delivering lectures of instruction in this disease and its pre vention. "Weyerlmu.ser on loimlier. Frederick Weyerhauser of Muscatine , Iowa , the head of the lumber combine , who is said by some to be richer than Rockefeller , in an interview , criticised Judgp Landis for fining the Standard so 1-eavily , and said Rockefeller would never pay a cent of the fine. As to the lumber trade , he denied that there is a trust and insists that the high prices are due to the growing scarcity of lumber , and that prices will go still higher. He thinks i an outrage the way the wealthy men of the country "are being attacked. " He asks : "What do they mean ? " and "What have we done ? " AUTOMOBILE ON THE FARM. tt IIu.1 IJecome n Common ThlnK 1 rCebraxka mid KanHa * . Western agents of automobile factories assert that if the machines could be se cured hundreds of autos could be sold this summer to the farmers of Nebraska and Kansas. As it is the residents of country towns and the farmers are buying more of the benzine buggies than the cities , and there is scarcely a country town in , Nebraska in which there are not more automobiles in proportion to population than in Lincoln or Omaha. The prosperity of western farmers has become an old story , and this prosperity is going to be augmented this year by an other big crop of wheat and corn and oats. Most of the farmers in the State could buy a medium priced machine just as a luxury if they wanted to , but the manner in which they have amassed their" money does not lead to extravagances ot that kind. When a Nebraska agriculturist adds to his machinery collections he buj-s only that which will be of use. That is why he is just now turning to the automobile. The favorite farm type is the runabout , , largely because of its low first cost. Tha prudent farmer figures that with a good carriage horse bringing $150 to $250 each , on the market he is foolish to utilize them in his pleasure jaunts and his jour- iieyings to and from church. If he uses his work horses to go to town or about the country he deducts just that much from their working capacity on the farm. By using an auto he saves the horses fresh for the farm work , he can trans act his business quicker and get bar c to the farm in a short time , to his financial betterment. The employment of the gasoline engine on farms in the pumping of water for stock and in running threshing machinery and grinders and shellers has familiarized him with this type of power and he takes hold of an automobile yroposition with interest and enthusiasm. Architects of n. Ne v Race. Such is the somewhat pretentious title adopted by a new cult under the leader ship of Dr. Asher Gluck , who has formed the nucleus of a colony at Chicago , and who recently has been seeking converts at New York and other points in the ; East. Dr. Gluck claims that any man and woman who will follow his regime consistently for fifteen months may give birth to a child having the power of. speech , and who will attain full stature- and intelligence at the age of 5 years. The program includes vegetarianism , com munism in labor , all members of the group receiving an equal 'share ' of the total proceeds of the colony's industry , the absence of every form of sensual pleasure and the wearing of linen clothes from head to foot , even the shoes being : made of this material , and the women at tired in shirt , coat and trousers like the men. The belief is that by these and oth er methods of living the ordinary senses may 'be developed to a much finer degree , and that other senses , such as telepathy and clairvoyance , may be brought into play. It is held that man has twelve senses instead of five to be developed. There are 30,000 employes on the Louisville and Nashville's pay roll. Steps are being taken to reorganize the building laborers of St. Paul , Minn. All the printing offices of Lincoln , Neb. , are now working on the eight-hour basis. A weekly pay bill for railroads will be introduced in the next New York Legisla ture. There are 00,000 members of the Inter national Tobacco Workers' Union in the United States. In one year preceding November , 1906 , $3,908,133.00 was paid out in strike ben efits by sixty-four international unions. The Structural Building Trades Alli ance of America now has a membership of 200,000 outside of New York City. Japanese in some Union Pacific mines are drawing as high as $17 a month , and it is feared wages will go still higher. The Brotherhood of Railroad Carmen , las a membership of 31,000 distributed throughout the United States and Can ada. Work in the painting industry in Min neapolis , Minn. , has fallen off , and there are many men idle. Many workmen have eft the city. The government of Belgium , having re- : uscd to pass a measure reducing the lours of labor in mines , was defeated on. a vote taken in the Chamber of Depu ties. During a period of ten months , 320 new charters have been granted by the YmorScan Federation of Labor , which is an increase of 140 over the same period ast year. As a result of the agitation fostered ) y the Missouri Federation of Labor , much valuable legislation was obtained for lahor at the recent session of the Gen eral Assembly. In order that all metal molders may /ecome members of the organization , the 'ron Molders' Union of North America ias changed its name to the International Molders' Union. The Wisconsin Assembly passed a bill imiting the hours of railroad telegraph ers to eight a day. and also passed a law giving street railway employes a ten- lour day within twelve. The cigarmakers of Minneapolis will ry the plan of organizing a banking ; Astern on a small scale , to handle the ; unds of the union and individual mem- ers. They have been encouraged to this tep by the operations of a loan fund which they established some months ago. The total number of wage earners , cov ering all classes of employes in manu- acturing establishments in Canada for he year 1900 , was 344,035 , and. the wages paid amounted to $113,249,350 , while for the year 1905 wage earners ejmployed numbered 391.4S7. and the total wages , paid , amounted to $104,394,490.
