SPEAKS IN BOSTON ,
'Secretary of War Defends Admin
istration Against Critics.
The Merchants : unl Manufacturers'
V -Association of Huston gnvo a dinner
the other night at which Secretary of
War Taft wns the truest of lionor.
Here the Secretary delivered the reply
of the Roosevelt administration to its
critics in Wall street. Mr.- Taft placed
the blame for th ; > passing financial
flurry where he and the President believe -
lieve it belongs. He defended Presi
dent Roosevelt's policies in respect to
dishonest and law-breaking corpora
tions , and said that the President had
been made a target by rich and pow
erful enemies.
Secretary Taft declared the Presi
dent was and is making a fight for the
honest business man. None but the
shifty and mendacious has been hit
and none but this class is raising a
clamor against the President , he de
clared. |
Following are extracts froh Secretary
*
tary Taft's speech
For' eight -or uinp months past there
vr-iv many indications fliat the loanable
capital of lh < * world was near oxhaustion.
The com-lusiou cannot bo avoided that
the revelations of irregularity , breaches
of trust , stock iobbins. . over-issues of
stork , violations of law. and lack of rigid
State or national control of insurance
companies , railroad companies. tration
companies , and Gnancial corporations
shocked investors and made them withhold
what little loanable capital was available.
It would seem that our system of cur
rency is not arranged so as to permit its
volume to be increased temporarily to
counteract the sudden drain of money by
the boarding in n panic.
The fright which seizes the depositor
and loads him to hoard his money spreads
like wildfire and is as unreasoning and
unreasonable as the spirit of a mob.
The trust magnates , solidly intrenched
with great financial resources , are not the
ones wtio suffer most from panic. It is
the great body of business men and wage
earners.
It is said that the administration hag
arraigned the whole business community
as dishonest. I deny it.
I am earnestly opposed to Hroverament
ownership of the interstate railways. Gov
ernment ownership means State socialism ,
an increase of power iu the central gov
srnrnent that would be dangerous.
YELLOW RACES TJMTING.
Sobson Says It Is Ivow the White
Man Against the World.
Capt. Richmond Pearson llobson ,
representative in Congress from Ala-
cama , says the whole world is changing
front and that we are nearing the time
when it will be the white man against
all the rest. lie said :
"The Japanese are proceeding to or
ganize the Chinese on military lines ,
teaching them in a far-reaching prop
aganda to hate foreigners and prepare
lor war. Japan is furthermore propa
gating unrest in India , and the Japanese -
-ese victory over Russia has shaken tiie
white man's prestige wherever he is
guiding the destinies of incii of other
colors all over the world. The whole
trend of events is , therefore , toward a
contest by the yellow race , aided by
the other colored races , a struggle to
wrest from the white man his present
-supremacy.
"The control of the sea is the white
man's only chance for maintaining his
supremacy and his civilization , and all
than these mean.
"Unfortunately , as the yellow races
are uniting , the white races are still
divided. A nation of the white race
that controls the ocean has already
lent itself to make possible Japanese-
victory over Russia , and is now leud-
ing itself to'anako possible Japanese
victory over America. As a matter of
fact , the yellow wave ihat is forming
is already moving eastward over the
Pacific Ocean and lapping the shores
' . -of Ameri'-a. and America's facing west
ward to check this wave is in flie in
terest of all the white nations of the
earfch. of the white man's supremacy ,
of the perpetuation of peace. "
Th" Nobel prizes were awarded , that
: or literature going to Rudyard Kipling.
The treasurer of a Canadian railroad
-confessed to stealing $185.000 iu eighteen
years.
Advices from London indicated < hat
Ambassador liryce may quit his post in
this country.
Richard Miller of St. Louis won high
juaise in France , one of his paintings
being bought by the Minister of Fine
Arts.
Arts.Mrs.
Mrs. Taft , wife of the Secretary of
War. whose ship was caught in a s prm
. off Boulogne , had a narrow escape from
death.
Mrs. Atherton won her brcach-of-prom-
JSL suit against Captain Yarde-Buller , the
London court giving judgment for dain-
-ages and costs.
The financial program of Japan was
formally settled at the meeting of the
council of the elder statesmen on Mon-
day. It involves a reduction iu the ex
penses of the army and navy for the next
: six years , whereby the government will
save $200,000,000.
Dispatches from Santiago. Chili , indi
cate that about 8,000 laborers in the Tar-
.apaca nitrate fields have gone on strike
iir.d business is paralyzed. The situation
- is considered critical and warships : md
, -rtfr troops have been sent to the troubled dis
tricts , but up to the present time there
* ias been no violence.
IS RICHEST
William E. Curtis Says Croesus
Was Pauper Beside Our
Uncle Sam.
FIGTJBE3 SHOW BIS GROWTH.
Par Capita Wealth in 1S70 Was
$779.83 ; in 1907 It Was
$1,310.11.
As a rnic. the 'average newspaper
readejr does not like statistics , but here
are some figures that everybody should
road , because they mean so much. They
measure our greatness as a nation and
our prosperity as a people , and al
though they are so stupendous that the
human mind almost refuses to compre
hend them , they carry a lesson that ev
ery citizen and every school boy should
learn. Uncle Sam is richer than jury
other nation that exists or ever has
existed. Croesus , King of Lydia , whose
name has been a synonym for wealth
for ages ? was a pauper compared to
him.
From the reports of the bureau of
statistics , the census bureau , the Treas
ury and Agricultural Department Wil
liam E. Curtis , the Washington corrc-
ppodent. has compiled a few significant
figures showing the material develop
ment of the United States within the
last thirty-seven years. He has select
ed the year 1S70 as a basis of compari
son , because that was the beginning of
a new era in American commerce and
industry that followed the Civil War.
Although the panic of ' 7. > arrested the
growth of the country for a time , the
present period of development began
then.
The population of the country in 1870
was 38.058,371. or 12.74 to the square
mile ; tha population on the 30th of Juno.
1007. according to the estimates of the
census bureau , was 85,593,303 , or 2S.2S
per square mile.
The tangible wealth of the country , the
true valuation of real and personal prop
erty , according to the census of 1S70. was
.Sno.'rOS-8,000 , while in 1907 it Is esti
mated at more than throe times tbat
amount , or $107,104,211.017.
As far back as 1S50 the per capita
wraith of the United States was esti
mated at ? no7.fin. In 1S70 it had more
than doubled aad was estimated at
$77i .So. In 1007 it had almost doubled
a ain. and has reached the sum of $1.-
310.11 per capita , which proves that \\e
are the richest people that over existed.
In other words , if the real and personal
property belonging to the inhabitants of
tb/ United States could be equally dis
tributed among them , each man , woman
and child living on the . ' .Oth of Juno Irst'
would have boon entitled to $1,310.11.
In 1S70 the deposits in national hnnks
for the whole United States amounted to
? 542,2G1,5G3 , while on ( ho 30th of Sep
tember last they were 54,322.880,141.
In 1S70 the deposits in savings banks
were $540.874.3.18 , while on the 30th of
September. 1007 , they were $3,090,078-
9M.
Taking Ilic two together and including
all the banks national. State , private
and savings the deposits have increased
eightfold during the last thirty-seven
years from $1,092,13.1,921 in 1S70 to-
98.023.2SS.S8t ) in 1907.
The national bank circulation in 1870
was $288.)4S.OS1. ( while on Dec. 14 last
it was $075,231,305.
In 1S70 we had only $25,000.000 silver
nnd gold coin. To-day we have $1.233.-
! 705,809 , of which $750,00.1,809 is gold
' and the remainder silver.
The interest-bearing debt of the United
Stales has boon reduced from $2,040i.15-
722 , or $ (50. ( KJ per capita of population ,
in 1S70 to $8(59,003.010 ( , or $10.20 p6r
capita , in 1907. The annual interest
charges on the public debt have been re
duced from $118,78-1,9(10. or ? 3 per cap
ita of population , to $21,028.914 , or 2.1
cents per capita oC population.
Notwithstanding the reductions in war
taxes since 1S70 , the ordinary revenues
of the government have increased from
S95.959S34 : ; in that year to $0153.140,431
in 1907 , and the ordinary expenditures
have increased fiom $101.421.507 to
$ .1.14.122,589. This dees not include the
receipts or expenses of the postal service ,
which is almost self-sustaining. Last
year the receipts from postage were $183.-
5S.1.005 and the expenses $191,214,387.
leaving a deficit of $7,029,387 to be paid
out of the treasury.
The total revenues of the government
in 1907 wore $ 5.72.1,339 and the total
expenses $819.810,150.
The increase in the pension roll has
boon enormous. The total in 1870 was
$28,340,202. and in 1907 it is $ 139.309-
514. The co t of the army in 1870 was
$ .17t50,07.1. and in 1907 $122.570.405.
The cost of the navy ( hiring the same pe
riod has increased from $21,780.230 to
$97,128,409.
The imports of merchandise in 1870
amounted to $5:51.9.18.408. : and our experts -
ports wore $3' > 2.771,7 ! > S that year , while
in 1907 the imports v.ore $1.-1:51.421.12.1 :
end the exports I.Sttl.S-ll.078. In 1870
the exports per r.ipit.i of population wore
$9.77 , and. notv.-ili-sl-in , ! ' ' , . ; ie enormous
increase in ' po-vil-.t" : i ! ; j.i- . . ' capita in
1907 was' $21. : 5.
The forri-j-i ' - - " . r"v ? United
States for tl'r > r "f ItX i lias
boon larger tl : " i- " < . " . ' -vV j" < ? M : n
the history of * ' . " ! tf > tkA i
ports and i v ; . < > " .x : ' - " ir t/ids Y. ; -
every grand ilivip'o'i ] ' * vozid I < 3 JT : < -
cess of any previous y.i ' he ftsr V"
during the eleven ucL't > . ' ! .K ; * ? > > . C- .
excoodcd $1.330.0K.f0lv. ! vv'.ulo L'.C C cr' ;
wore worth $1.71U,000. iU. !
The increase in exports/ occurs ol'-lo'.v
in manufactured articles. The figures of
agricultural exports remain about the
same as in 1900 , when they were the
> largest on record.
THE MODERN CROESUS.
The year 1907 has been a record break
er in every respect , and there is no reason
or excuse for a financial depression.
The government treasury was never in
hotter shape. The report of the United
States treasurer for June 30 , 1S70 , show
ed an available cash balance of $150,006-
000 in the treasury at Washington ; the
report for December 14 , 1907 , shows an
available cash balance of $259,702,309 ,
without counting $240,284,455 deposited
iu national banks and subject to the call
of the department. This makes a total
available balance of $500,040,76-1.
Secretary Wilson in his recent annual
report showed us that the crops of the
farmers of the United States for the year
1907 was beyond all comparison and had
a farm value of $7,412,000,000 an in
crease of 57 per cent in eight years.
In 1S70 the value of the farm animals
in the United States was $1,554,900,149 ;
in 1907 they are worth $4,423,097,853.
In 1S70 our farmers had 25,48-1,100
neat cattle ; in 1907 they have 72,533,990.
In 1870 they had 8,248,800 horses ; in
1907 they have 19,740,583.
In 1870 the wool clip was 152,000,000
pounds ; in 1907 it was 298,915,130
pounds.
Tfco wheat crop in 1S70 was 235,884-
700 bushels ; in 1907 it was 735,200,970
bushels.
The corn crop in 1870 was 1,094,255-
000 bushels ; in 1907 it was 2,927,410-
091 bushels.
In 1870 the cotton crop was 3,114,952
balo.s ; in 1907 it was 13,510,982 bales.
The cotton mills of the United States
consumed 857,000 bales of cotton in 1S70
and 4,027,000 bales in 1907.
In 1870 we exported 958,558,523
pounds of cotton : in 1907 we exported
4,518.217,220 pounds.
The production of gold in 1870 was
$30,000.000 ; in 1907 it was $90,000,000.
In 1870 the production of silver was
$1(5,334.000 ( ; in 1907 it was $37,042.900.
In 1870 wo produced 220,951,290 tons
of coal ; in 1907 wo produced 5,312,745-
312 tons.
In 1870 we produced 1,055.179 tons of
pig iron ; in 1907 we produced 25,307,191
tons.
In 1870 our furnaces had an output of
only 08,750 tons of steel ; in 1907 the out
put was 20,023,947 tons.
In 1S70 we had a copper output of 12-
000 tons ; in 1907 it reached 402,037 tons.
In 1870 we operated 52,922 miles of
railroad ; in 1907 we had 222.035 miles in
operation , and carried 815,774,118 pas
sengers and 210.050,795,090 tons of
freight. The statistics for freight and
passenger traffic do not go back of 1S90 ,
when the railroads of the country carried
.120.439,082 passengers and 79,192,985-
12.1 tons of freight.
The average freight rate per mile in
1890 was 93 cents and in 1907 it was 77
cents per ton.
There were (584.704 ( tons of shipping on
the great lakes in 1870 , which has in
creased to 2,4:59.741 : tons in 1907. The
amount of freight passing through the
Sault Sto. Marie canal in 1870 was 090-
820 tons ; in 1907 the total was 41,098-
324 tons.
In 1870 wo had 28,492 postofliccs in
the country ; in 1900 we had 70,088. Since
that time , by the introduction of rural
free delivery , the number has boon reduc
ed to 02,059.
There is no hotter thermometer of com
mercial and industrial activity than the
Postoflice Department , for people do not
write letters when they have no business
to write about. The receipts of the de
partment in 1870 for postage stamps
amounted to $19,722.222 : in 1907 they
had increased to $107,932,783.
The number of students in the univer
sities and colleges of the United States
in 1870 was 23,392. In 1892 the total
had increased to 70,835 55,305 men and
15.530 women. In 1907 the attendance
was more than doubled , being 92,101 men
and 31,243 women , a total of 120,404.
The average daily attendance in the
public schools , of the United States in
1870 was 4,077.347 : the average daily
attendance in 1905. which is the latest
"ar for which we have statistics , was
! 81,531.
< increase in wages per capita in
United States since 1870 has been
.i > out 3P < - > r cent : the increase during
the last fifteen years has been 24 per
cent.
cent.The increase in the cost of food since
1S70 has been about 22 per cent. The
increase in the cost of food during tha
last fifteen years has been 14 ; per cent.
ESTATES OP OLD SOLDIEKS.
An Ohio County to Fight United
States for $500,000.
Frank W. Ilqweil , a Dayton lawyer ,
is now entitled to 'the world's record
as administrator of estates. lie has
iieen appointed by Judge C. W. Dale as
administrator of 8,432 estates , and has
been compelled to give bond in the
oiini of $3,200,000.
The appointment as administrator
.TOW out of the following situation :
The central branch of the National
Military Homes is located at Dayton ,
nd ; was established by the United
Suites government , by a special act ,
March 3 , 18G5. -jurisdiction of this
l.rge : tract of ground , more than a
- jlo square in extent , was ceded to ths
United States government by the Stale
of Ohio April 13. 1807.
Upon this laud the Central Branch
I" the National Military Homes was
' uilt for disabled soldiers and sailors
> ho have fought the battles for liberty
. : nd union. As far as the United States
' nvrniucnt is concerned nothing has
! 'f ' < Mi neglected , and the central branch
: ? a veritable paradise.
If al ! ( lie veterans who entered the
natral branch had lived there would
i'tve bc'cn no contention and nothing
: narrate. When death comes the
\ 'toran receives a decent and honor
able burial , and his belongings are col-
] < c.ed , and if not claimed by relatives ,
are ? old. and the money , together with
all of the pension money to which he
i * entitled , is placed in the "posthu
mous fund. " which is in the keeping of
; ho treasurer of the Central Branch ,
National Military Homes. Sometimes
the deceased veteran leaves consider
able property which he has gained by
investment or speculation with his
pension money. Four teat cases are
now being fought out to determine
whether these estates shall revert to
the Montgomery County treasurer or
the United Slates 'government. It is
outemlod by Mr' Howell , the admin
istrator , that the money left by the old
vote-ran * ? who die intestate belongs to
M mtgomery County and should go to-
W.ird tiie school fund. United States
District Attorney McPherson of Cin
cinnati is looking after the interests of
the government. He claims that the
money belongs to the United States.
Tli amount involved in the cases rep
resented by Mr. Howell , the adminis
trator , is something over $500,000.
Now unions of barbers and of bartend
ers have been organized in Grand Forks ,
X. I ) .
Portland Typographical Union contem
plates the organization of a mutual aid
scviety.
The entire membership of Minneapolis
rSirarmakers' Union No. 77 , is said to be
employed.
Last year the membership of the Brit
ish Amalgamated Society of Engineers in
creased 11,782.
Twenty-one new unions of horseshoers
have boon organized in Massachusetts
during the last year.
A now union of mattress makers , carpet -
pot layers , shade hangers and draperymeu
has been organized in Boston , Mass.
Seattle Central Labor Union is warn
ing union workingmen to give the coast
territory a wide berth for the present.
There is no such thing as organized la
bor in Porto Rico to amount to an influ
ence for the betterment of the masses. .
All the stockholders of the Union Lum
ber Company , recently organized at Mem
phis , Tcnn. , are members of the Carpen
ters' Union.
Granite cutters of the Twin Cities have
formed a union embracing practically ev
ery member of the craft in Minneapolis
and St. Paul , Minn.
There are only throe engravers of short
hand in England. One lives at Bath. He
has suggested to his two London fellow-
workers the propriety of a trade union.
Efforts are bein'g made in Brooklyn ,
N. Y. . to , bring about a consolidation of
the Shoe Workers' Council and the members -
bors of the Boot and Shoe Workers of
America.
Census reports show that wages among
shoemakers of the country have been
ntoadily increasing. Brockton ( Mass. )
shoemakers are the highest paid in the
world , it is alleged.
There arc two unions of brick and
building material handlers in Brooklyn ,
N. Y. , and they have been at war with
eneh other. Efforts to bring about con
solidation will be made.
The United States Bureau of Immigra
tion is preparing to enforce the alien con
tract law more rigorously than before ,
with a view of keeping out of the country
many undesirable persons.
The societies not affiliated with the
American Federation of Labor have a
membership of about 500,000 , making the
membership of all the labor societies of
the United States , in the aggregate , about
2,500,000.
Carpenters' Union in Madison , WLs. ,
has registered a splendid increase in the
last season. From a membership of 112
last March , the union now has 317. All
members have had jthe eight-hour day the
last season for the first timo.
The Georgia Federation of Labor caus
ed considerable Furnriso recently when
it went on recordat a mooting of the ex
ecutive committee , deprecating the reduc
tion in railroad rates and faros through
legislation , and opposing further legisla
tion of this kind. It is contended that
labor conditions in the South have boon
disturbed by legislation Avhich caused the
shortening of hours , and thereby a reduc
tion in the wages , as well as causing a
number of workmen to bo laid off.
Common laborers in Franco are paid
40 to 50 cents a day.TIighgrade me
chanics arc paid from $1 to $1.20 a day.
There could not be a more horrible
example of legislative inertia than the
lirst session of the sixtieth congress ,
which began on Monday. Dec. 2. and
ended on Saturday , Dec. 21. The pe
riod between those dates nominally in
cludes three full legislative weeks. Had
congress been so minded it might have
done an immense amount of work dur
ing that time and public business would
have been expedited to such an extent
that an adjournment could have been
taken about a month earlier than will
now be possible. Both the house and
senate were' in session at frequent in
tervals , and for a brief time during
part of several days the Congressional
Record shows that the time of congress
was almost absolutely wasted. Noth-
v.g of permanent value was done ex
cept to perfect the organisation of the
house and senate. The 11101103 * of the
people was thrown away , and for all
the value to the country both houses
might have met on Monday morning ,
gone through formal organization , lis
tened to the President's message Tues
day morning , and adjourned Tuesday
night to meet again after the holidays.
Thousands of bills were introduced in
the house , but all of them were handed
in and put in a box while the house
was not in session , for the intrwdurtion
of bills in the lower house of congress
is not part of the legislative program.
In the senate one statesman after an
other rose and presented a bill , which
was read by title and referred to the
appropriate committee , the same proce
dure being taken in the house. The
committees of the house were not an
nounced until Thursday. Dec. 19 , and
final adjournment came two days later.
After having done nothing for three
weeks congress displayed its Christinas
spirit by ad.knirning for two weeks
more , so that the first real business
session of the -sixtieth congress will be
opened Monday. Jan. 0 , live weeks
after the day set by law for the repre
sentatives of the people to begin to
represent things.
The Postoflice Department is going to
seek the aid of Congress to prevent the
railroads from patting into service
"blufl" ' trains with a view to capturing
mail tonnage and later abandoning
them. This fact is disclosed in the re
port of the department regarding the
transportation of the mails for the cur
rent year. It is alleged that prior to
the reweighing periods , which deter
mine' the routes and compensation ev
ery four years , it has been the custom
of some railroads to put on new fast
trains with a view to capturing the
mails. Having been successful , such a
road , under the present law , must re
ceive pay for that mail during the sue
t-coding four years wehther it contin
ues to carry it or not. Accordingly
some of the railroads have been accus
tomed to take off their "bluff" trains
soon after the reweighing. allowing the
nails to be diverted to another road ,
but continuing to receive pay for trans
porting them until the next reweighing
uoriod. when the trick is repeated.
* . . *
K ' -I
Speaker Cannon announced his ar
rangement ; of the new committee on
appropriations , with Tawney of Minnesota
seta at its head and Livingston of
Georgia as the ranking Democrat. Tiw-
tiey has come out squarely for the pol
icy of retrenchment , which the Speik-
er was known to favor , and lie will U ?
the recognized "watch dog of the treas
ury" during the life of this Congress.
In a statement Cnairman Tawney re
ferred to the estimates for the next
year's expenses being over $100,000000
aver the estimates for the current year ,
and said this would mean a deficit of
$ ? 3.000.000. Hence the necessity of
rigid economy and the avoidance of
iew enterprises.
_
The roller skaters of Washington are
? interesting sight. There are 50.000
children of skating age in Washington
and 30,000 are whizzing around the
streets mounted upon two skates , while
the balance of them , more or less con
tent with an equipment of one skate a
child , are doing a complicated hop
-,7hS/n , undismayed by the frequent
complications which ensue. The asphalt
streets are really a temptation not
easily resisted , and after dark the roll
er skaters seem to have grown sudden
ly nnd mysteriously taller.
Before the swearing in of the two
nt-w Senators from the new State of
Oklahoma they drew lots in the pres
ence of the Senate to determine which
should have the long term and which
the short. The blind Senator , Gore ,
drew the two-year term , and smilingly
congratulated his colleague , Senator
Owen.
In the Senate the committees have
been changed so as to fill vacancies aiid
make places for the new members.
Knox goes to the front , as expected ,
by becoming chairman of the rules com
mittee , where he will have the duty of
defending the legality of the measures
proposed by the majority. Other Im
portant chairmanships are : Appropria
tions , Allison ; finance , Aldrich ; foreign
relations , Onilom ; interstate commerce ,
Elkins ; n.al affairs , Hale ; postofllees ,
Peurose. and Philippines. Lodge.
IH-N A Nn Ai
" -N i Oi/
)
{ I/ VI I OiU
Business tor the yt-ar is r.o vlr
completed , and ill" necessary prepara
tions for inventories and repairs to m.i-
ciuaery engage mere attention. IV\eiop-
n.i-nts th'- ; ueek have not been without
eicoumgeir.eat f'jr the fattire. Banking
coiu'iit : < - > : : : ; n.ade a closer approach to the
norraal , money circulated more frey ! and
the Christmas trade ro to pry ioruous
which indicated increasing cheerfulness
ani'-ss the people.
l xcliauge upon New To- ! : works
smoothly , country banks bid oi'tfcor for
Eommercial paper r-ud the discount rate
for local account is les. < rigid , although
still quoted at 7 per cent. Mercantile
collections have not recovered prouii > u tS3
at western points , but they bring less
trouble , and the record of defaults re
mains comparatively unimportant.
.Manufacturing conditions reflect fur
ther curtailed production and temporary
reduction in hands employed. It is noted
that inquiries are substantially better in
pig iron and structural steel , while the
rail and wire mills have Ix/okiugs run-
aiiig months ahead.
Failures reported in the Chicago dis
trict number 22 , against 28 last \vcek
and 17 a year ago. Those with Imbilitiea
over $5,000 number 7 , against 12 tfast
week and ! in 1900. Duu's Review of
Trade.
NEW YORK.
Trade as a whole has been quiet and
industry has slackened perceptibly , but
the financial situation has eased , except
\vhere , as in the case of New York , large
end of the year disbursements have to ba
provided for. Mild weather is still com
plained of as affecting retail trade in
seasonable goods , such as clothing , shoes ,
rubber footwear and kindred lines. At
come cities the usual January reduction
sales were held in December , in many in
stances occurring before Christmas. Job
bing trade was quiet till after the latter
date , when the usual clearance sales o
wash and other dress fabrics were made ,
arousing a fair amount of interest.
Wholesale business has been quiet and
both this line and the jobbing trade note
the receipt of many requests to delay
shipment of goods.
Business failures in the United States
for the week ending Dec. 26 number 240 ,
'against 300 last week and 1G1 in the like
tweek of 1900 , 212 in 1005 , 218 in 1904
'and 209 in 1903. Canadian failures for
the -week number 50 , as against 40 last
, \veek and IS in this week a year ago , *
Bradstreet's Commercial Report.
Chicago Cattle , common to prime ,
54.00 to $0.15 ; hogs , prime heavy , $4.00
to $4.70 ; sheep , fair to choice , $3.00
to $4.25 ; wheat , No. 2 , 97c to 99c ;
corn , No. 2 , 58c to 59c ; oats , standard ,
47c to 49c ; rye , No. 2 , 77c to 79c ; ha ,
timothy , $11.00 to $17.00 ; prairie , $9.00
to $12.50 ; butter , choice creamery , 24o
to 29c ; eggs , fresh , 22c to 27c ; potatoes ,
per bushel , 50c to GOc.
Indianapolis Cattle , shipping , ? 3.00
to $ G.OO ; hogs , good to choice heavy ,
54.00 to $4.85 ; sheep , common to prime ,
$3.00 to $4.25 ; wheat , No. 2 , 97c to 08c J
corn , No. 2 white , 53c to 55c ; oats , No. 2
white , 49c to 52c.
St. Louis Cattle , $4.50 to § 5.85 ; hogs ,
$4.00 to $4.G5 ; sheep. $3.00 to $5.25 ;
Vheat , No. 2 , $1.02 to $1.03 ; corn , No. 2 ,
52c to 53c ; oats , No. 2 , 47c to 48c ; rye ,
No. 2 , 75c to 79c.
Cincinnati Cattle , $4.00 to 55.25 ;
hogs , $4.00 to $4.70 ; sheep , $3.00 to
$4.25 ; wheat , No. 2 , 99c to $1.01 ; corn ,
iNo. 2 mixed , 55c to 5Gc ; oats , No. 2
mixed , 47c to 4Sc ; rye , No. 2 , Sic to 84c
Detroit Cattle , $4.00 to $5.50 ; hogs ,
$4.00 to $4.40 ; sheep , $2.50 to $4.75 ;
wheat , No. 2 , $1.01 to $1.03 ; corn , No. 3
yellow , GOc to Glc ; oats , No. 3 white ,
G3c to 54c ; rye. No. 2 , SOc to S2c.
Milwaukee Wheat , No. 2 northern ,
$1.07 to $1.10 ; corn , No. 3 , 57c to 58c ;
oats , standard , 49c to 50c ; rye. No. 1 ,
79c to SOc ; barley , No. 2 , 97c to $1.00 ;
pork , mess , $12.50.
"Uuffalo Cattle , chovv shipping steers ,
$4.00 to $5.90 ; hogs , fair to choice , $ H.50
to $4.70 ; sheep , common to good mixed ,
$4.00 to $5.50 ; lambs , fair to choice ,
$5.00 to $7.25.
New York Cattle , $4.00 to $5.SO ;
hogs , $3.50 to $5.25 : sheep. $3.00 to
$4.75 ; wheat , No. 2 red , $1.05 to $1.00 ;
corn , No. 2 , G4c to OGc : 'oats , natural
white , 55c to 57c ; butter , creamery. 25c
to 30c ; eggs , western , 22c to 24c.
Toledo Wheat , No. 2 mixed , $1.00 to
$1.02 ; corn. No. 2 mixed , 59c to Glc ;
oats. No. 2 mixed , ! . ' { c to 5-ic : rye. No.
1 , 79c to SOc ; clover seed , prime , $10.00.
TOLD IN A PS v7 LINES.
Attorney General Davis of Texas , after
a conference at Dallas , decided to run for
a third term on the anti-Dailey issne.
The schooner Jesse Karlov- was run
down near Pollock Rip lightship on Cape
Cod. The crew of six men had a narrow
escape.
Seth Low , former president ot Colum
bia university , has been elected president
of the National Civic Federation to sac- ,
ceed August lielmont at the New York i
meeting.
Admiral Dcwey gave a dinner at ha
home in Washington. His birthday la
Dec. 2G , but the dinner was held wV n
it was so that the President might 'at
tend.
Ex-Senator W. A. Clark of Montana
is acting as mediator at Butte in the
fight between the labor unions and the
Reeky Mountr.m Cell Telephone Com
pany.
The national board of arbitration , in
vrhich newspaper publishers and the In
ternational Typographical Union are in
terested , met at Indianapcdis and discusa *
ed the printers' scale paid in Chicago.