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THE SUNDAY HERALD. SUNDAY. JANUARY 4. 1S91.
OONI'IDKNOE ONCE MOKK RETURNING
AND PRICKS MOVING UP.
A Gonorul Fooling of Kncnnrngament for
tho ITutnro Monoy Rotting Knsior
1891 Gives t'romlHO of Gonoral Pros
perity nnd thu Return of Gootl Times
Although tho past week's business has hecu
interrupted hy tho holidays, it hns shown a dis
tinct improvement in activity nnd confidonco on
tho Stock Exchange. It hns heen, in fact, tho
only week since the rniddlo of Octoher that has
shown anything like tho old-t!o feeling. Tho
causes of this recovery hnvo not been trivial,
nor nro they likely to prove entirely transient.
Tho last bank statement showed nn unexpected
improvement in tho hank reserves, tho surplus
over legal requirements being $7,700,000, com
pared with $3,400,000 for tho samo week of last
yenr, $7,800,000 in 1883, nnd $9,000,000 in 1887,
which 6hows n fully normal condition of this
important factor in tho financial situation.
These figures indicato that at laet a reaction
in tho currency movement in favor of tho East
has fairly set in. Another cnuso of tho im
provement is tho important fact that about
$125,000,000 of interest and dividends is paya
ble at tho beginning of Jnnunry. There has
also been n feeling that tho present extraordi
narily low prices, coupled with tho easier con
dition of tho monoy market, may induce n ccr
tnin class of investors to dovoto n portion of
their January income from securities to tho
purchaso of stocks, as a transient investment.
This immediate recovery in tho tone of tho
market will probably provo to bo tho beginning
of a moro important later Improvement. Under
all the circumstances, it seems reasonable to
conclude that an average advance of 8 to 10
points upon tho present prices of stocks may bo
realized before any question can bo reasonably
raUed as to their market price exceeding their
Already a number of the stocks on the gen
eral list nro looking up, Gas particularly being
a strong favorite, advancing from 89 two
weeks ago to 40g on yesterday, with none offer
ing under 40J. Washington Loan and Trust
al60 Bhowcd strength, tho bid standing strong
at 4J, with small sales at better prices andnono
offering under par. Beginning this week
this stock will hereafter bo quoted
on tho basis of $100 per share.
Insuranco stocks also strengthened up, People's
and Lincoln advancing on small sales. RIggs
about held its own, and Columbia was in good
demand with no sales. Graphophono partook
of the general improvement, selling higher than
for several weeks past, though still a longways
off from tho prices of a year ago. Railroad
stocks, with tho exception of Eckington, were
notably weak, no bids appearing on Columbia
or Metropolitan, and Washington ond George
town coming up 6teadily at but 210. Ecking
ton seemed to have reached Its climax at GO,
and nunc: nt that fissure, the sales being for very
small lots. Bank stocks held their own, with
advances in several of them to tho amount of
tho dividend, bidders appearing to bo willing to
give as much for tho stock without that desir
able appendage as with it Columbia Title also
looked up and Electric Light would havo
sold higher ex-dlvidend than with It on. Bonds
of all kinds were In cood demaud, though no
calls wero made. About the only weak spots
in the list wero Chesapeake and Potomac Tele
phone, Gas bonds, and tho railroad stocks, as
The money market shows a growing ease, tho
banks are erauting all reasonable accommoda
tions to good borrowers, while rates are becoming
normal again, and the outlook is promlslnc; for
It may be said, however, that tho patient has
been very ill, and convalescence is a matter of
slow growth, and it is therefore wise to move
slowly and act cautiously about going into
debt, a eood balance in bank being still moro
desirable than its equivalent In stocks or bonds,
even at present low prices. Singular advice,
possibly, coming from a broker who lives by
buying and selling these things, but good ad
Fjsank H. Pelouze, 1335 F Btreet.
i, -4 m i i.i
MONEY SHOUIiD GROW EASIER.
Bettor Conditions at tho Beginning of tho
New York, Jnn. 8. Money on call has been
easy, ranging from 3 to 4, last loan at 3, and
closing offered at 3. Prime mercantile paper
is in no excessive supply, while out-of-town in
stitutions aro buying quite freely, and rates are
a little easier, CO to 90 days' indorsement bills
receivable being quoted at 7, four month's
acceptance 78, and good 8inglonames, with
from four to six months to run, at 88.
Sterling exchange is quiet but firm, with actual
business at 479il for sixty-day bills and
481 for demand. Posted rates, 480i485.
Government bonds havo been dull and steady:
State bonds neglected. Tho bank statement
was to many people a surprise, as It was known
that there had been a movement of currency
out of tho banks both to tho Interior and
through tho sub-treasury and therefore tho
moderate increase in tho surplus reserve was
not looked for. Money should, however, from
this tlmo return to this city and the money
market grow easier. Tho market to-day re
sponded to these conditions and displayed even
greater strength than yesterday, investment
buyine continuing to bo tho principal feature.
Ilouses which do a strictly investment business
say that they find great difficulty In supplyinc
tho demand for cood bonds and dlvidend-pay-ine;
stocks. Such a scarcity of securities upon
tho street has not been known in fifteen years,
and in consequence every attempt to buy for
either side of tho account advances prices. Tho
news from tho railroad world to-day was not
of special importance, but tho Union Pacific
and Hock Island difficulty caused considerable
comment. The general opinion is, however,
that whilo the trouble may havo some effect
upon the 6tock of these roads it can have little
or no influence on other properties.
Despito the dullness in Wall Btreet specula
tion during tho greater portion of last year it
is expected that tho railroad earnings for 1890
will show a good comparative business with
that of tho provlousyear. As yet only Wheeling
and Lake Erie, Milwaukee, Lake Shore and
Western, and Toledo Ohio Central havo made
their December statements. Tho first-named
shows an increase of 14 per ceut. over tho same
month of 1889, aud it is tho only one which has
as yet made its annual report, which shows an
increase of 20 per cent.
In the market this morning tho bears wero
Inclined to again test tho strength of tho late
upward movement, and were permitted, with
tho aid of some foreign selling, to open
most of tho list at slight declines from last
ovening's figures. Louisville aud Nashville was
lower, but among tho advances wero some of
i per cent. Tho new buyiug, however, was too
much for tho pressure brought to bear and tho
natural strength of tho market soon asserted
Funoral of Gen. Spinner,
Utioa, N. Y., Jan. 3. Tho remains of Gen.
Spinner arrived at Mohawk this evening and
wero mot by tho Remington Rifle Corps and a
delegation of citizens. Tho funeral will occur
to-morrow from tho littlo church in that village,
Rev. Mr. Cox, of High Bridge, officiating.
A spruco and wpll.dresscd man who gavo
his nnmo as Patrick Hnrrlgnn went Into tho bag
nio of Dolllo Taylor, on D street, Inst night nnd
mode it lively for nil concerned. When Officer
Roland nrrived on tho scono tho inmntcsortho
hnusowerolndrend of their lives nnd the pro
prietress was bleeding from n out In tho fnce.
Hnrrltnn wns arrested nnd left collateral for his
Officer MoNcnlly, or tho Third Precinct, ar
rested James Brown yesterdny nftornoon for the
larceny of n silver wntoh from Wnlter Bush, who
lives on Soventconth street. IIo is held for a
William Kldwoll, knowing tho full vnluo or
potatoes, yesterday shouldered a bng of them
belonging to H. L. Strang and attempted to
mnko off. Olficcr Brcen placed him under arrest.
Tho fire yesterdny afternoon nt 12:30 o'clock
wns cnused by children plnylng with mntohes m
tho houso occupied by Eliza Green, 8323 T ptrcot
West Washington, and owned by Donnls O'Brien.
3-ho damage to tho houso amounted to nenrly
Anncostla's lovely waters nro frozen over,
nnd tho merry skaters nro out in forcc.i
Now iB tho time. Wo will pny big monoy for
gonta' Urst-clnss Bccond-hnnd clothing. Address
or call nt Justh's old stnnd, 017 D street n. w.
My own Brnnd.
. SI per quart bottle.
60c. per pint.
,, Tho following officers 'of Cnlnntho Lodgo No.
11, K. of P.. have beon elected for tho coming
,on,n,:r A. F. Mcdford, C. C; T. B. Lipscomb, V.
C; W.W. rugate. P.; O. It. Porterflold, K. It.
nnd IS.; J. W. Galllher, M. P.; G. J. L. Poxwell,
M. Ex., nndGeorgoW. MoQowan, M. A. Rep
resentatives to tho Grand Lodge, A. P. Mcdford,
JohnW. Thompson, G. J. L. Foxwoll, James
Holmes, and John Adams.
Again death has robbed 'us of ono ot our
ablebt and mostly helovcd citizens, Mrs. Elenor
Fcarson, mother of Messrs. FearBon's Sons, our
well-known butter merchants. Those who know
tho family understand most acutely tho vacancy
caused by this bereavement, nnd naturally thov
nro prostrated by grier. Sho wns beloved by nil
who know her, nnd was tbo mother of n largo
family, who rank among our beBt and most en
,133 Pennsylvania avenue.
Those who havo not seen tho gas heating
stoves should pay n visit to tho Washington Gas
Company. Their stock embraces a vast collec
tion oE styles and designs, and those who aro
looking for such nn article will find these a very
useful household implement In caso of an emer
gency. The Argo Literary Club has entered upon
another year of its prosperous career by tho
election of tho following officers: President, An
drew J. Hcilbrun; Vice President, A. Grndwohl;
Recording Secretary, L. Herzog; Financial Secre
tary, B. HeldeuheirnerjCorrespondingSecretarv,
A. Richold; Treasurer, M. Sanger; Librarian, N.
Weil; faergeant-nt-Arms, Hurry Strauss; Board of
Governors. S. Peyser. O. Baum, N. Goodman, S.
Adlcr, M. Jackson, C. and Phil Friedlander.
Messrs. Hnvcnner & Davis, tho well-known
shoe dealers, havo udded to their ulready com
modious place of business tho other side of tho
lower iloorol' tho Atlantic Buildinur, recently oc
cupied by the real estato firm of Emmons As Co.
Tho new store, 028 F street, will bo devoted ex
clusively to tho ladies, and will bo attended by n
corps of tho best clerks that can bo obtained.
Messrs. Havenncr & Davis havo had twelve
years' experience in their business, and havo
been located at their present location, C30 F
street. (Atlantic Building.) for over o. year. Tho
firm deserves muoh credit lor the manner in
which thoy havo conducted their business, and'
it will now bo tho largest shoo house in tbo city.
Thonew department, which opens next Thurs
day, will bo handsomely fitted up with all tho
latest improvements, and cherry will pre
dominato in tho fixtures. Nothing but tho best
lines of goods will bo carried, nnd will embrace
all tho ieadlug styles, shapes, and qualities car
ried by nfirst-class house. Ladies', men's, boy's,
nnd mleses' shoes and slippers will ho carried of
all kinds, and no ono will bo allowed to leave
tho store unsatisfied.
, Tbo Washington Gas Company has on exhi
bition a largo assortment of gas-nunting stoves
which nro for sale at n modernto price. These
stoves aro very handy where a nro is required at
short notice. Go and seo them.
Mr. Honry Hurt, president of tho Washing
ton and Georgetown Railroad Company, who is
always looking to tho comfort of his employes,
has nt last succeeded in obtaining a grant from
tho Commissioners to erect o transfer stand at
the corner of Fifteenth street and Pennsylvania
nvenue. It should havo beon granted years ago,
as thisiB the bleakest corner in tho city.
Institute; for Medical Gymnastics and Mas
sage 133 Pennsylvania avenue.
Have you visited tho Gas Ofilco and seen
their variety of gas-heating stoves ? If notyou
bbould goat once, ns it is n very clover device,
uud the price is within tho reach of all.
Drink Tannhausorbeor. H.Bonzler.
Mr. H. J. .Launt, tho furniture dealer, 1327
Fourteenth street northwest. Is offering some
rare bargains in bed-room suites, plain and up
holstered rookers, easy chairs, writing desks,
hall racks, tables, stands, etc., etc. Don't fail to
read his noticolin another column. Ho claims to
sell now nnd correct stylos of all kinds of furni
ture for lesathnn you havo to pay at auction for
second-hand goods, and ho does just exactly what
ho says. Boforo purchasing call and seo him.
Drink Tannhuasor boor. H.Bonzler.
Young blood will tell. Wo notice that Mr.
II. T. Miller has greatly enlarged hia ladles' nnd
gentlemen's furnishing store and has added an
oxteiiBi vo order departmont. Ho is now filling a
long-felt want in the shirt trudo of this city,
making a far liner shirt than over before at
tempted. Mr. O. W. Hutchinson, tho oxpert
New York shirt cutter, has been secured by Mr.
Miller, and you can now order trom him dress
shirts of finest grado, underwear, pajamas,
ladies' shirts and muslin underwear, etc., etc.
Mr. C. W. Hutchinson manages tho order de
partment. ,.nTSe-Pt".Jb.aE.Bn,nB TKer & Co. are offering at
"Tho Model," Seventh street, between I and K
To those who aro fond of coffee, and very
low people aro not, nothing is more grateful and
bracing than a well-mado cup of tho delicious
bovorngo, especially the first thing in tho morn
ing, when it puts tho whole system in tuno and
clears tho cobwebs ot sleep out of tho brain. Con
noisseurs of coffee say that thoy find no brand
bettor than tho "Johnston Breakfast," which,
whilo an excellent article, sells nt n very mode
rnto price. In addition enoh paokugo contains
oheoks that aro of vnluo. It may bo had of nil
grocers, or Johnston Bros. & Co., No. 007.013 Now
Institute for Medical Gymnastics and Mas
sage. 133 Pennsylvania avenue.
Headquarters for all kinds of footwear.
National Hotel Shoo Store, 409 Pennsylvania
Special attention is called to tho "ad" of tho
Now York Manicure Parlor in another column.
This emporium of manicure requisites is cen
trally located on F street, between Ninth and
Tenth streets, over Standiford's drug store, and
those who aro in search of toilets of this charac
ter or deslro treatment will find it at Now York
Maniouro Parlor, 038 F street northwest.
Tho sale of tho contents of tho colobrated
stable of Mr. Allison Nnilor, Jr., which takes
place by public auction Thursday noxt, January
8, 1891, at 10 o'clook A, M should, and no doubt
will, attraot a largo attendance of purchasers,
both from this and other cities. Tho running
and rolling stook of these stables, as well us tho
btablo paraphernalia, aro first olass iu every
respect, aud tho salo therefore presents an op
portunity seldom offered to secure overythiug in
this lino. Tho salo is advertised in auother
column, and will be conducted by that well
known firm of auotioneors, Messrs. Ratcllffe,
Darr & Co.
Resignation of a U. S. Judtfe
Tho President yesterday accepted the resig
nation of Judge William McKennan, United
States Circuit Judge of the Third Judicial
District of Pennsylvania, who retired because
TThis is not our first Reason in LADIES' MUSLIN UNDERWEAR, but it is our FIRST
lv. FAJy SALE and we propose that it shall be a Great Successthat is, if PRICES and
QUALITY count for anything.
LADIES, we desire your presence at this sale, in order to test the merits which we claim
for our LADIES' MUSLIN UNDERWEAR in Quality, Style, Elegance of Finish, and Prices.
In order to make this our First January Sale a Red Letter Month in the History of our
Underwear Department, we propose to do as follows:
To Sell Some Underwear Below Cost.
To Sell Some Underwear at Cost.
To Sell Some Underwear at Half Profits.
IB:EL0"W "WILL BIB ZEnOTTZtsTID A LIST OIF1
fcD JJtLsC JL.
WHICH WE WILL OFFER AS
SPECIAL NO.l-A High-Neck Corset Cover,
excellent quality cotton, perfect fit, well
finished Beams, nil sizes. Retrular price, 17c.
SPECIAL NO 2 Lonsdale Cambric Corset
Cover, perfect fit, well finished, pearl buttons.
Regular price, 29o. Opening Price,
SPECIAL NO. 17 A Handsome Gown, supe
rior quality, full-tucked yoke, trimmed front
and around neck and sleeves with deep Hnmburg
embroidery, finished with feather-edge braid.
Regular price, 89c. Opening Price,
SPECIAL NO. 21 A very elaborate Gown, su
perior quallty,.yoko trimmed with four rows Of
inserting, clustered tucks, trimmed front and
uround nock and sleeves with rufllo of lino Ham
burg embroidery. Regular price, SL75. Opening
SPECIAL NO. 3-Lonsdalo Cambric Low
Neck Corset Cover, nil-over embroidered front,
embroidered around neck and sleeves. Regular
price, 89c. Opening Price,
Chemise ! Chemise !
SPECIAL NO. 4 Full-length Chemise, good
quality cotton, in nil sizes. Regular price, 25c.
SPECIAL N.O. C-Full-length Chemise, good
quality cotton, laco trimmed around neck and
sleeves, embroidered front. Regular price, 29c.
SPECIAL NO. C.-FulMength Chemise, excel
lent quality cotton, square yoke of all-over em
broidery, laco trimmed around neck and sleeves.
iieguiur price, ooo. Oponing Price,
SPECIAL NO. 7-Full-lenglh Chemise, excel
lent quahty cotton, laco trimmed around neck
and 8ieoes, "V-shaped yoke, with Hamburg in
serting and tucks. Regular price, 62c. Opening
SPECIAL NO. 18 An elaborate Gown, supe
rior quality, yoke trimmed with Hamburg In
serting and tucks, rufllo trimmed front nnd ni i a
around neck and Bleeves. Regular price, 81. NkI'PT.S '
Opening Price, kjxvjj. UO .
SPECIAL NO. 22-A Full-length Skirt, excel
lent quality cotton, trimmed nround bottom with
deop cambric rufllo, with four tucks above.
Regular price, 50c. Opening Price,
SPECIAL NO. 8 Full-length ChemlBO, supe
rior quality cotton, V-Bhaped yoke of Hamburg
iusorting and tucks, embroidered edge around
neck aud sleeves. Regular price, 08c. Opening
SPECIAL NO. 9-A Handsome Chemise, ex
cellent quality cotton, square yoke of Torchon
laco and Hamburg inserting, finished around
neck nnd sleeves in Torchon laco. Regular
Price, 75c. Opening Price,
When wo say Soiled Underwear wo do not
mean an accumulation ot old stock, but
goods that havo become slightly soiled
through handling. "We will allow
ONLY TWO PIECES
B toanyonocuBtomer.AS THE QUANTITY
IS LIMITED and we desiro as many of our
patrons as possible to derive tho benefit of
this Soiled Underwear Salo.
SPECIAL N0.23-An eloga( V!kirt, full width,
excellent quality cotton, with deep cambric
ruffle with tucks above, edged with laco four
inches wido. Regular price, C9c. Opening
SPECIAL NO. 24-An excellent quality Skirt, .
full back, trimmed with deop cambric ruffle,
edged with Torchon lace, tuoks abovo tho ruffle.
Rogular price, 87c. Oponing Price,
SPECIAL NO. 25-A Full-width Skirt, excel
lent ciitron, with deep Hamburg embroidered
rufllo tuclis above. Excellent valuo at 08c.
SPECIAL NO. 20-An Elaborate Skirt, superior
quality, with deep cambric rufllo trimmed with
Tprchon inserting between clusters of tuoks,
edged with deep Torchon laco. Regular price,
$1.88. Opening Price,
SPECIAL NO. 27 A Handsome Skirt, excel
lent quality, trimmed with Hamburg embroid
ery 9 inches wido, with 8 clusters of tuoks abovo.
Regular price, 81.50. Opening Price.
SPECIAL NO. 10-Handsomo Chemise, full
length, excellent quality cotton, with square
yoko of all-over embroidery, finished around
neok and sleeves with embroidery to match.
Regular price, 87c. Opening Price,
SPECIAL NO. 11 A very olaborato Cambrlo
Sacquo Chemise, squaro yoko of Medici laco and
oluBtor of tuoks, finished around neck and
sleeves with Medici laco to match. Regular
price, $1.15. Opening Price.
SPECIAL NO. 12-A very elaborate Cambric
Sacquo Chemise, extra length, squaro yoko, with
lino Torchon laco, trimmed around neck and
sleeves with Torchon luco to match, finished In
feuther-edgo trimming. Regular price, $1,50.
SPECIAL NO. 13-FulMongth Sacque Gown,
good quality cotton, trimmed front, around neck
nud Bleovos with linon laco. This is a full-length
gown, Regular price, 89c. Opening Price,
SPECIAL NO. H-Full-length Sacquo Gown,
excellent quality cotton, trimmed down front
with Hamburg Inserting, finished with oambrio
rufllo down front, around neok and sleeves.
Regular prico, 59o. Openiug Price,
Our 49c. Lot consists of Gowns, Skirts,
Chemise, Drawers, and Corset Covers, com
prising all grades of goods from 50c. to SI.
Our 79c. Lot consists or Gowns. Skirts'
Chemlso. Drawers, and Corset Covers, com
prising all grades of goods from 87c. to SI.25.
Our 98o. Lot consists of Gowns, Skirts,
Chemise, Drawers, and Corset Covers, com
prisingall grades ot goods from $1 to $1.50.
SPECIAL NO. 28-An extra fino quality Skirt,
with cambric rufllo, edged with wido Medici
laco, hooded with tucks. Regular price, 81.87.
Drawers ! Drawers !
SPECIAL NO. 20-An oxcellentquallty Cotton
Drawers, with tuoks well finished, all sizes. Reg
ular prico, 25c. Opening Prico,
SPECIAL NO. 30 An excellent quality Draw
ers, trimmed with laco, headed with 5 tucks.
Regular prioo, 35o. Opening Price,
SPECIAL NO. 15-rFull-length Mother Hub
bard Gown, superior quality cotton, double yoko
back and front, trimmed front, and around neok
and sleoves with linon lace. Regular prico, 02o.
SPECIAL NO. 10 -Full-length Mother Hub
bard Gown, good quality cotton, yoko trimmed
with Hamburg inserting and tucks, finished
front and around neck and sleeves with cambric
ruffles. Regular price, 75o. Opening Prico,
Our 81.48 Lot consists of Gowns. Skirts,
juviuiav, ui-nvivns, iiuu uorsec covers, com
prising nil grades of goods from 81.50 to $2.50.
SPECIAL NO. 19-A Handsome Gown, supe
rior quality, elaborately trimmed yoke, with
linen torohon laco with tucks, finished with
feathor-edgo braid, trimmed around neok and
sleoves with deep Torchon lace. Regular prico,
S1.02. Opening Price,
SPECIAL NO. 31 An excollont quality Draw
ers, trimmed with Hamburg ombroidory, headed
with C tuoks. Regular price, 39o. Oponing
SPECIAL NO, 32-A good quality Drawers,
trimmed with deep Hamburg embroidered ruf
llo, 3 deep tuoks above, finished in between with
leather-edge braid. Regular prico, 02c. Oponing
SPECIAL NO. 33-A good quality Drawers,
with deep Torohon laco headed with 4 tucks.
Regular price, 08o. Oponing Prico,
SPECIAL NO. 31 A very elaborate Drawers,
excellent quality, trimmed with deop Torohon
laco inserting between clusters of tucks, edged
with deen Torohon laco. Regular prico, SI.
SPECIAL NO. 20-A Handsome Gown, supe
rior quality, fine tucked squaro yoke, trimmed
around yoke with handsome Hamburg ombroi
dory. trimmed front and around neok and sleoves
with Hamburg embroidery. Regularprice, 81.25.
SPECIAL NO. 3o-A very fino cambric Draw
ers, trimmed with deep Valenciennes laco, beaded
with clustered tuoks, finished with feather-odgo
braid. Regular price, 81.25, Opening prico,
Special Bargains injur Millinery and Cloak Departments
812-814 SEVENTH STEEET NORTHWEST.