THE ILLUSTRATED UEE.
hiij 10, vxa.
MRS. J. I BRANDEIS AND HER GUESTS AT A iL13ASANT PICNICL
"HORSELESS" TRAIN THAT HAULED THE INVADING OMAHA JOBBERS AROUND COIN, la.
Carpenter's Letter
(Costlnued from Pace Twely.)
Siey nre cmservatlv and prefer to put
air money Into tha Imperial eavlnga
aiilii or government bond. They nave
t present about $4UO,0OO,0OO so Invested, and
Without they can make 20, SO or 40 per cent
par annum outside they will not subscribe.
Tney are afraid of new Institutions, and
no American need expect to come here and
tart an enterprise based on Russian cap
ital. He must furnish enough to make tha
business pay, and ha then may be able to
all his stock.
J visited the Moscow Stock exchange the
Other day. There were about COO brokers
Present, but the crowd looked more like one
of farmers than of bankers and brokers.
Tha most of the men wore caps and long
Overcoats. Many of them were merchants,
few were Chinese, one was a Persian and
several were Armenians. The trading waa
low and there was mora gossiping than
Belling. ,
The stock companies here are operated
With foreign capital. The French have in
vested most, next the Belgians, then tha
Oermans, and then the English. The Amur-
leans are far In the rear. The French and
Belgians ore operutlng chiefly in southern
Russia, the Oermans more In Poland and
the territory opposite the German frontier.
While the English have their money pretty
Well scattered. The total number of stock
oompanlps Is 1,784, and the share capital Is
little more than $1,000,000,000.
The companies cover ail branches of In
dustry. Twenty-eight of them have Iron
tnlnea of about $30,000,000 and among these I
the first foreign Joint stock company of tha
empire. This was organlxod by an English
man named Youth with a capital of $1,600,
000 to operate coal and iron mines In tha
south. It has had an enormous success and
It now employs 10.000 workmen.
There are nine companies Intereartnd In
gold mines with capital of $35,000 000,
forty-two In petroleum wells with a capital
Of about $0,000,000 and thirty m coal mines
With a capital of about $35,000,000.
The largest Industry la cotton, embrac
ing cleaning, spinning snd weaving mills.
Jt Is operated by 138 companies, with a cap
ital of more than $100,000,000. There are
plxty-elght woolen conpnntea, rwenty-flve
linen companies, twenty-nine brewing com
panies and 178 sugar refineries. The most
pf these companies are doing well and
many of them pay very large dividends.
FRANK a CARPENTER.
Bunch of Aphorisms
After all, tha powers of Europe may be
only powwowera.
Tha leetnan should be brought to see tha
error of his weighs.
"A woman doesn't realise tha battle of.
life," says tha Cynical Bachelor, "until sha
gets huaband." Philadelphia Record.
.
s
1
v.. -
5 " .-. .'A J
i X
JUVENILE GIRLS' BAND OF IIAMI1 URG. Ia., THAT WELCOMED THE OMAIIA VlSITOIiai
(r -
r
MISS EDITH M'CLARY OF NOR
FOLK, Neb.-yUEKN - KLOFRON
IN FIREMEN'S TOURNAMENT.
HOWARD 8. BAKER OF BIOUX
CITY. PRESIDENT IOWA PHAR
MACEUTICAL ASSOCIATION.
JOHN E. CHALMERS. NEW DIREC
TOR OF ATHLETICS AT STATH
UNIVERSITY OF IOWA.
