OCR Interpretation

New-York tribune. [volume] (New York [N.Y.]) 1866-1924, November 11, 1901, Image 3

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030214/1901-11-11/ed-1/seq-3/

What is OCR?

Thumbnail for 3

A r-e^r dynamite gun of destructive powers,
jceefiiu? those of any -weapon yet designed,
vas Jus* been secretly submitted to a successful
rieF of tests by a special board of officers of
** Bureau of Ordnance of the United States
t^iy at Fisher's Island. For several years the
- vernmer.t has been engaged In the creation
1 pusher's Island of a. veritable Gibraltar which
!rf!l render the eastern entrance of Long Island
goand impregnable to any naval attack, and
hus effectually protect all the shore cities from
- Tv-Lfr.don to New- York. In this great scheme
cf defence the dynamite gun covering the nar
rtw channel between Fisher's Island and Plum
Inland, on which formidable batteries have. also
teen erected, will play a conspicuous part. Owing
jo the secrecy maintained by the government
Native to the character of these new works.
.**• trial was conducted in private, and no news
«per men were remitted to witness the tests.
Tfc * Bon, which was built by the Dynamite
Gnu Company, of New-York, at Scranton, Perm..
*-as recently installed in a battery at the west
err end of the Island, and was last week report
ed" ready to undergo its final trial prior to its
acceptance by the government. It is a pneu
matic piece, 40 feet lons-, with a calibre of 1.".
inches, of the same general type as the guns of
the batteries bow in position at Sandy Hook and
Baa Francisco, but embodies many new features
designed to increase its accuracy of fire and
repiditr of action. A new type of fuse assures
absolute certainty of explosion of the shell both
on ■ ; 'act with the water or the side of a vessel
and by delay action.
The trials were made in the presence of Majors
McNutt and Btmey, of the Bureau of Ordnance:
P-esi<3er.t T. B. Dariir.c of the Dynamite Gun
Comp-nv. and Frank Crewman, Robert Gun-
Jach and other civilian experts The gun is
mounted or. a seacoast carriage, permitting an
elevation of 35 degrees and a train through the
full arc of the circle, the power for this purpose
being supplied by electric motors placed under
tie carriage. With the full calibre projectile it
proved its ability to hurl five hundred pounds
of ritro-gelatiiJ. sufficient to annihilate any ship
afloat, a distance of about three thousand yards,
with a degree of accuracy not excelled, if
equalled, by the most modern type of large call- ■
tat rifled guns. With smaller projectiles the j
r&sge is almost doubled without any sacrifice
'/. accuracy.
Two days were devoted to putting the grun
through an exhaustive series of tests. Th" first
ec?t Kat a 6-teca shell, carrying fifty pounds of
(■plosive, a distance of 5.763 yards, bursting on
Impact and throwing a column of water three
hundred feet into th<* air. With a 10-inch shell,
loaded with two hundred pounds of niiro-gelatin,
ihe ff «"""*■ raage w as found to be 1,060 yards.
(at ifarll exploding; under water with the desired
delay action of two seconds. The test for accu
racy liailllid in planting five 8-inch shells at
aY iiwpulltn ranges of r>.045. 5.035, 5.020, 5.040
&r\i OT" yards, all of which, with the exception
of the last, would have taken decisive effect had
the target been a battleship at the distance of
about three miles, or about twice the limit of a
practical lighting; range, now generally accepted
to be about 2£oo yards.
Still more astonishing was the test for rapidity
of fire which resulted in the discharge of five
full calibre shells, weighing L.185 pounds, or
more than half a ton each, in the marvellously
brief time at 11 ■*—"■ 55 seconds, far in
excess "f the speed attained by any other gun
of heavy calibre, and almost entitling the
weapon to rank with rapid fire pieces. This
was the more remarkable as the feat was ac
complished under the disadvantage of a raw
crew of eight men at the gun, with two at the
magazine nearly two hundred fe«t distant from
As a test of endurance, the specifications called
for the firing of twenty-five '"air shots," or what
in an ordinary powder gun would be termed
Har.k cartridges, in two hours, but no difficulty
was experienced in discharging forty shots in
that time, the regular pressure of 1.900 pounds
remaining practically constant In the storage
reservoir, with a uniform pressure in the gun of
I.OC«J pounds at each shot.
A companion pun has just been mounted in
the fortifications at Hilton Head, defending the
naval station at Port Royal. S. C. and will be
tested by the same board within a few days.
The funeral of James Magee. son of Mrs. Anna
Ma^ee. of No. BM West Thirty-eighth-st., was
delayed an hour on Saturday, and the hearse
tad carriages were compelled to go to the East
Thirty-Sfth-Et. police station, where the drivers
gave bonds for their appearance in court on the
sfcarge of violating a corporation ordinance in
blocking the streetcar tracks at Thirty-fourth
it and First-aye. while on their way to Calvary
The driver of the hearse. Joseph Atter. of No.
OR Sianton-su. and the driver of the first car
nape. George Necks; of No. IIS Forsyth-st..
topped their teams on the car tracks while
waiting for the opening of the ferry gates, and
•BBS ordered 10 move to the other, side of the
street by Patrolmen Waters and Bender. They
reins-ec to do so, maintaining that they had a
"Sit to the places that they held. At the sta
'Jon Adam Moran. of No. 1.527 Madison-aye..
an undertaker, gave bonds for their appearance
to court, and then the funeral was allowed to
Tbt men were arraigned in the Yorkville po
l<* court yesterday, and insisted that they had
i* 2 a right to halt their teams where they did.
£ rlstrate Meade did not agree with them, but
r* Caroled them until this morning, in order to
' tfcetn an opportunity to produce witnesses.
•^•rescer. Mass.. Nov. 10.— An American Express
tt * cl ' o<s to a morning train on the Albany
T^Ki or the New- York Central Railroad train
**s Jotm3 to be on fire at South Spencer and after
* as ■boated to a .side track the local firemen
rool. called out. The car contained miscellaneous
Buftai Aacludir.g come exhibits being returned from
ooiij^i o " The losses will total several thousand
J her you find a medicine that
makes your regular, food taste
good, when you find a medicine
"■at strengthens a weak stomach
then you know you're going
10 put some flesh on.
th cott ' s Emulsion does these
* m ngs. We recommend it when
eyer the system needs more flesh.
« you are thin and able to eat
° e gm regular doses. That's your
Fart. Scott's Emulsion will do
fleV est ' Not fiabb y— but solid
llttle to **• v ** »ke
1T • BOWKS. 409 rear! «tre«t, New York.
To be erected at West Knd-ave. and Elghty-seventh-st.
C. C. Haiprht. architect.
Wbea St. Ignatius's EpiFcoral rhurch is completed.
at the southeast corner of West Emi-avc. and
Ei?hty-spventh-st.. the Wf>st Knd-avo. hlo<-k be
twfcn Eighty-Fixth and Eitrhty-sevcnth sts. will
present a unique api>earance. It will be wholly
coverr.l by two churches, both of them as distinct
in architecture as are to be found in America. The
church already on the front is St. Paul's Methodist,
a. radical departure in ecclesiastic buildinp among
Methodists ff the United State?, although common
enough in Spanish church building and in various
modifications in Latin America. It represents the
Idea of its former pastor, the Rev. Dr. A. J. Palmer.
St. Ijrnatius's new church will present an appear
ance quite as unusual as its near neiphbor. The
material will be dark stone, where its neighbor is
lisrht, and its architecture is perpendicular Gothic.
Beyond this style, however. It will have a severity
that wil! be strikinsrly susreestive of the advanced
churchmnnship of its builders. The style is cruci
form, with a short nave and shallow transepts.
Most rrf the memorials of the oM church in west
Fortieth-st. will adorn the interior. At present only
the crypt will be constructed. The seating capacity
■will be seven hundred.
Washington. Nov. 10 (Special).— competition
of American cotton manufacturers In the markets
of the world is attracting considerable attention
among the pre.it cotton manufacturing countries
of Europe, as is indicated by the following ex
tracts from a paper recently read at a meeting of
British cotton manufacturers by the British com
mercial agent in the United States. The paper
itself was considered so Important that portions
of it were forwarded to the commercial Intelligence
branch of the Board of Trade of London, and that
body announces that it may be examined by those
interested "any day between the hours of 10 a. m.
and 5 d. m."
Extracts from this discussion of American cotton
manufacturing have been received by the Treasury
Bureau of Statistics, as follows:
Speaking broadly, the standard makes of Ameri
can cotton fabrics may be sold to a limited extent
In most foreign countries, and in some few mar
kets they can be disposed of in considerable vol
ume, notably China and Mexico; however, it can
be positively stated that in the greater number of
foreign trade centres our goods are too high in
price, due principally to the fact that they are
"pure sized," i. c.. they are only given «iiicii treat
ment in the slashing process as will enable them
to be easily woven, no attention being given to the
addition of adulterants as such. I am nov speak
ing specifically of brown goods, the aggregate, trade
in this class of merchandise being very large. . . .
Having the data, which as manufacturers we
should need in order to produce the goods, one
would naturally carefully examine the particulars
to discover if any radical changes would have to
be made in the machinery or equipment of the
mill to enable one to produce them.
Having in mind many of our Northern mills and
the large proportion of the factories of the South
ern States that are organized and equipped to
manufacture coarse, heavy fabrics, it can be Bald
that with a few inexpensive additions to the .1-1
paratus for mixing and storing the size, the heavy
and medium sized pray goods, so largely purchased
by non-manufacturing nations, can be made satis
factorily and profitably and at competitive cost.
Such fabrics contain a maximum of raw ma
terials (cotton and size), and a minimum of labor
is required in their production. Present conditions
in the industrial centres of the South are more
favorable for their remunerative manufacture than
in any other manufacturing country In tne world.
with which we shall have to compete immediately
we step outside our domestic markets to dispose
of tie product of our looms.
Exceptionally hard twisted warp yarns are the
rule in American mills, although every unneces
pary turn of twist put into yarn means an un
avoidable expenditure and loss of production. Tt
is also surely known to many of you that no small
quota of our mills use a much better grade of
cotton than is really necessary to produce a pood,
merchantable fabric, which will compare favorably
with similar goods mrde by European competitors.
To one who has closely watched the development
and progress of our cotton manufacturing Indus
try diirlns the test few years It Is palpably
obvious that we must very soon enlarge the pres
ent outlets for our goods, or, with our rapidly ex
panding productive capacity, have our business
periodically suffer from disastrous overproduction
and trade "stagnation, and It must never be forgot
ten that the vital Interests of almost every mem
ber of this body are involved in the prosperity of
the cotton industry. ... ,„,,-,
In a nraer on "Latin-American Trad» in Cotton
Fabrics'" which I recently presented to you. the
construction of the standard English print cloth Is
clvcn Comparison will show that it differs In the
two very essential particulars of width and weight
from the standard American fabric. If our print
ers ha.l similar goods, their export trade could be
very considerably augmented, especially if their
colors and designs met the taste of the export
t-ade The cotton trade of the world lp as
vet untouched by us. while we keep on building
few mills and enlarging existing ones at a great
rate and meanwhile we are doing practically
nothing at all to enlarge our market for the goods
made by these additions to our Industry.
Kansas City. Mo.. Nov. 10.-None of the fourteen
escaped convicts from the Fort Leavenworth
Prison at liberty last evening were taken to-day,
although armed guards and citizens kept up a
steady hunt all day. Last evening three of the
prisoners held up and robbed a man near Manhat
tan Kan., but escaped, and all trace of them was
lost. One of the men is believed to be Frank
Thompson, the negro leader of the mutiny. At
the prison to-day Jchn Greene, a white convict,
who was wounded at Nortonville, on Friday, when
two of his comrades were killed by citizens, suf
fered the amputation of his leg. He will recover.
Quinn Fort, ehot at th« stockade while attempting
an escape, and James Huffman, killed in the Nor
tonvllle raid, was buried in the prison yard to-day.
The body of Jay Poffenholz. also killed In the Nor
tonville fipht. was sent to Chicago to-day at the re
fjues: of liis mother. Waldrupe, the Riuird. who
was wounded in the head. 1» still In a critical con
dition. The bullet has not yet been found. The
other wounded are resting quietly. The search for
the missinp convicts will be resumed with renewed
vigor to-morrow.
The revenue cutter Hudson was going down
the Bay yesterday morning, when Captain
Charles Finger noticed three men in a small
sailboat, near Robbins Roef. signalling to him
and evidently in distress. He ran to them, and
found that they wore wet and exhausted, and
that the boat was half full of water. The men
were taken on the cutter. They ><aid they were
Henry Pell. James H. Cavanagh and John Tusic,
all of Thiru-avt;., Manhattan.
According to their story, they started from
this city on Saturday to go fishinj?. carrying no
oars and deper.dinK on a smail j-ail. They ha<i
been out some time when the. bnat wk»ii to
leak. They anchored her with a stone and
ppent the nik'ht I. aline out the water. It was a
desperate fight for life. Owing to th.- high wind
and the rou^h water in th*^ Hay the sail was
torn, the rudder broken and the boat badly
sprung. She drifted In spite "f the anchor.
Captain FlnE'T made an attempt to tow th<-
sailboat, but she went i" pieces. The men were
landed at the Battery.
• russiON.
As the outi ome nf a heated political discus
sion in a saloon at No. .'.7 Amsterdam-aye. on
Saturday night William Thomas, twenty-nine
years old. a ne-ro, of No. SJU West Sixty-first
st., shot Herbert Rrooks. iwenty-five years old.
also colored, of No. 2is West Sixty-second-st.,
In the right breast, inflicting a wound from
which Rr.ooks died in th*- Roosevelt Hospital.
Brooks, Thomas and s-neral other colored men
quarrelled over s«-ine political question near the
front entrance of the saloon. The bartender
separated Brooks and Thomas, and the affair
seemed closed. Thomas walked to the roar end
of the long bar. Brooks remained at the front
of the room. «
Suddenly Thomas rushed up the room and.
pulling a pistol from his pocket, exclaimed with
r.n oath. Til kill you a.iyway!" It is alleßeii
that he thf n fired point blank at Bror.ks. The
bullet entered the right breast and penetrated
the lung. In th confusion Thomas escaped,
running out of the saloon and down Blxty-sec
ond-st. I'rcoks was removed to the hospital,
where he died yesterday morning.
Detectives of the West Sixty-oighth-st. station
were put on the track of Thomas. Early yes
terday they found him hiding in a vacant apart
ment in West Sixty-second-st. The detectives
railed on him to surrender. Instead, ho pulled
out the revolver and attempted to fire on the
fjotectives. They bore him to the floor and dis
armed him. Tho.nas then cave up, saying, "It's
all up with me. 1 suppose." At the hospital
Brooks identified him as tho man who had shot
him. According to the detectives, Thomas enn-
f essf> d that he committed the crimf.
Goshen, N. V., Nov. 10.— From the ruins of an old |
house at P.lp Island, near this village, James H. j
Vail, of New-Milford, took yesterday a copper plate j
of "G. Washington," which was hidden there one j
hundred years a^o. The plate was made by "Kolli- i
son. Sculpt," and "Published by I. Reid. York, I
1796." It Is a remarkably fine piece of work, i
There are a number of Indentations In the face ;
of it due no doubt to careless handling. Th« .
plate was purchased by Clinton W. Wis»n«*r, of j
Warwick, who will endeavor to have it repaired
and made ready to print from.
Nyack. N. V., Nov. 10.— The first November sale
raged furiously aloni? the lower Hudson to-day,
doinjr damage on land and water. The ferryboat
Rockland, which runs between Nyack and Tarry
town, was compelled to discontinue her trips on
account of the wind, which blew fiercely and low
ered the water in places.
Commander A. V. W.-ulhams. of the United States
Navy, was « to address a meeting of the Young
Men's Chrittian Association here this afternoon. He
came up to Tarrytown by train, but as the ferry
boat could not run. he was unable to get across
the river. Many prnall boats which had not been j
hauled out of the river were swamped. •
Washington. Nov. 10.— striking illustration of
the growth of the American navy is presented in
the single statement in the annual report of Rear
Admiral R. B. Bradford, chief of the Equipment
Bureau of the navy, that he spent $2,273,111 in the
last fiscal year for 324.10S tons of coal, at an average
cost of $7 01 a ton. The report says that this was
nearly 95,713 more tons of coal than was used in
the preceding fiscal year. Ten years ago the coal
consumption was 73.000 tons a rear. The domestic
coal cost $6 20 a ton. and the foreign coal, of which
there wore used 106.068 tons, cost $850 a ton.
Admiral Bradford has scattered American coal all
over the world, wherever suitable storage could be
found. He has placed 12,000 tons at Yokohama and
5,000 tons at Pichlllnque. Mexico, and he ha* sent
large quantities to Guam and to the ■ Philippines.
He carried MM tons by water from the Atlantic
Coast to Mare Island. Cal.. where it came Into
competition with English CardlfT coal. They have
averaged the same In cost. $9 23 a ton. but at
piesent owing to the scarcity of American freight
vessels, the best Cardiff coal is considerably cheap
er at Mare Island. It is recommended that two
large steam 10.000-ton colliers be built to keep de
pots supplied in time of peace, and to accompany
the flf-ets in time of war.
Summarizing the work accomplished at various
coaling stations in the year, th.- report takes up
Cavite. and says that the bureau Is about to open
bids for a 45.000-ton coaling station there. Efforts
have been made to obtain a rite for a coaling sta
tion at Cebu. but thus far without success. Coaling
stations have been established at Port I»beUa.
Bassalin (Bland and at Polloc, Mindanao A com
plete station has been established at yokohanaa,
Japan, and It is now fully stocked with coal. The
same-statement is true of Piohilinque. Mexico. where
through the courtesy of the Mexican Government.
our coal and colli.rs have been admitted to the sta
tion without port or customs duties.
In the West Indies a little work has been done
at San Juan on the coaling scale, hut Admiral
Bradford expresses regret that little progress has
been made in securing tea for other coal depots
In th.- West Indies. It Is said to he particular^
essential that some of the de. water ports of Cuba
should be made available for this .purpose, as the
entire waters surrounding Cuba are most imporUnt
in a strategic sense, and supplies of coal should .be
near si hand. Estimates are submitted for Im
provement of the coaling stations at most of the
Atlantic ports. Including a complete modern plant
at Norfo k. Admiral Bradford spec flcally says:
"As the department is aware, efforts are being
made to establish other naval real depots at im
portant localities, which it is deemed unwise to dis
cuss In .1 report of a public character.
AdnMral Bradford says little about his favorite
nroiect of a transpacific submarine telegraph cable,
contenting* himself with the statement that the
bureau is now^n possession of all data rer,u red. so
fir is surveys are concerned, to lay this cable. in
the lame connection he renews his recommendation
for a careful examination or the Pacific Ocean, west
of the Hawaiian Islands, to locale dangers to navi
eation."*He" recommends that additional hydro
graphic Offices be . established at Manila and at
rr T rr lor1 ort ] 'says that the subject of wireless teleg
raphy was- followed carefully during the year, but
It ■& not appear advisable to adopt any particu
lar system at present or to acquire any more ap
baratus than Is necessary for purposes.of Instruc
tion It Is clear that no system Hg iyet has passed
beyond the experimental stage. Though most of
the nrlnrlnal naval powers hay- adopted some form
of wireless teleeraphy for their ships. It is believed
from the reports received that none are satisfactory.
ItTas clearly shown .luring the International yacht
race"' that the difficulties of -interference could
not be overcome with the apparatus then used.
Washington. Nov. 10.-Tho following army orders
have been Issued:
ITS rI Sill 1
J^nr^eS to Net-L^ndor and rrtk^e Major SMITH
B I EACH who <: aMlgned to the command of the.
First Battalion of Engineers.
\i».i,,r KRANCIS t IVES, Burseon (promoted from rap-
M " Uin ati C »Sii«n > -urmon. aabject to examination),
will report to th- examlnins hoar.l at the Army Medi
cVi MuVnm. Washington, for examination for promo-
Fin.l' "iJ-utrnant ARTHUR U rON.^R.lSth Infantry
is transferred from Company X to Company G of
that regiment.
M ,,. r JOHN D C HOSKINS. Artillery Corps, will pro-
J c«d to OovenW-s Island for duty a* an asslstar.t to
inspector -neral of the Department of the East.
Vilor ALEXANDER D. SCHENCK. Artillery Corps Is
transferred from the coast artillery to the field (irtll
le?y He will proceed l<> Chicapo and report for as-
BlSiment to the command of the field artillery bat
talion at Fort Sheridan.
.-...,.,„ HARRY E. SMITH. Artillery Corps (promoted
from first lieutenant. Artillery Corp* subject to
examination}, will report to the examining b. ;mi nt
Fort Monroe for examination for promotion.
The following transfers are made in the 2d Cavalry:
Fl?Jt Tieiitenant MATTHEW E. HANNA, from Troop
I to TrSo^B: First Lieutenant JOHN P. WADE,
from Troop L. if Troop H.
First Lieutenant EDWARD L. KING 11th Cavalry, Is
detailed as recorder of the examining board at Fort
Myer rice First Lieutenant WALLACE B. SCALES.
Uth Cavalry, relieved. • '-- '■
The following assistant surgeons, recently appointed, will
report at the Army Medical Museum Building for a
course of Instruction: First Lieutenant PERRY LEE
BOYER, First Lieutenant JAMES K. HALL.
First Lieutenant EDWIN' W. RICH, assistant surgeon,
recently appointed, now at Winthrop, Mass.. will pro
ceed to Fort Totten for duty. 9
First Lieutenant RAYMOND F. METCALF and First
Lieutenant JAMES M. PHALEN will report at the
Army Medical Museum Building In this city for a
course of Instruction.
Captain ZEBI'LON B. VANCE. 11th Infantry, will report
for duty at Fort Slocum to accompany the first de
tachment of recruits to b ( - sent from that place to the
Philippines via. the Suez Canal.
Second Lieutenants C HODMAN JONES. Ist Cavalry, and
DOUGLAS H. JACOBS. 3th Cavalry, will proceed to
Columbus .Barracks for asisgnment to duty with re
cruits that may be sent to the Philippines. [
The following transfers are made in the IMS Cavalry:
Captain JAMES A. RYAN, from Troop B to Troop C;
Captain JOHN J. PERSHING. from Troop C to
Troop B. ' . :' .
First Lieutenant ROBERT A. CALDWELL will report St
Fort Slocum ' for assignment to duty with recruits
! ' destined for the Philippines. • ■ 1
Washington. Nov. 10.— The Industrial Commission
to-day issued a special report on an investigation
conducted by the commission regarding the cost
and selling prices of Iron and steel products from
18S9 to ItW The statement shows that in IS9O the
cost cf stee! rails ranged from $25 93 to $34 52; in ISSI,
from $24 15 to 125 6S; in 1592, from $22 65 to 524 S2; in
ISS3. from $1*25 to $22 62; In IMH. from $17 79 to $21 2S;
in ÜBS, from JIS 6S to $25 47; in IS%. from $17 72 to
$20fi9; in ISO 7, from $15 91 to $17 32: in 1898. from $16 67
to ?17S1; in lSSf*. from $1S 11 in January to $35 52 in
December; tn 1900. from $3S 12 in February to $2183
in October, and in 1901, trom $21 54 to $25 9S.
According to the showing made there was a
margin in the selling price over the cost price for
every year from 1898 up to July. IS9B. In 1830 the
margin ran from 73 cents to $3 .V> a ton; in ISSI. from
$3S& to $6 85; in ISS: 1 . from $4 *S to $7 35; in 1>93. from
$4 75 to $8 49; in 1594, from $2 71 to $6 21; in 1595. from
$1 10 to $&06; in 1596, from $7 31 to $H> in 1*97. from
47 cents to $7 38. In IS9S the highest margin was
$133. in January. In July a loss of 5 cents a ton
la noted, the cost price being $17 06, as against a
selling price <>f ii 7.
Again in Jur.-. 1599. when the cost price was
$27 62. there was a loss of 37 cents. In July of that
year the lo«s was $1.51 on a cost price of %^ >5. $1 B
ui\ a cost price of $32 15, and in September. $1 4>> on
a cost price of $33 98. A loss of about ?1 a ton is
aiso reported for the months cf January. February,
inarch. April and May of 800, when the cost price
ranged over ?3>> a ton. Lories also are claimed on
stee! billets for most of the year 1900 and for the
first four months of 190. A loss is recorded for
every month in IMS on billets. Losses are recorded
for the last three months of 19N on pig iron. The
lowest coat of production Tor i>ig iron was recorded
in 1894, when it was $S 05 a ton. In l?Hrt) tho cost of
pig iron was $15 25.
Commenting in a general way the commission
Beyond question there ha.-c been steady Im
provements in the methods of manufacture tending
to reduce th>- cost of labor and incidentals per unit
of product. On the other hand, the advance of
wages from 1!>9& to lUOI, especially as compared
witn the years immediately preceding, no regard
to which has been given In making up the figures,
may in part have oftset trie reduction through,
such improvement;). In any case the comparison
as to costs will not be greatly vitiated by inaccu
racies in the items of labor and incidentals, since
these represent a comparatively small proportion of
the cost of transforming the lespectlve raw mate
rials into the finished products.
The variation In prices is commented on as fol
Probably the most conspicuous fact shown In the
diagrams Is the very rapid and wide variations in
the prices cf all three of the products compared,
and, most of all. in the prices of pig iron. Even In
earlier years, not covered by the diagrams, the
price statistics show similar sharp fluctuations. The
diagrams herewith presented bring out the great
and sudden decline in the prices of all three prod
ucts during the year 1890. This was followed by a
long and gradual fall, which brought the price of
pig Iron down from $15 at the beginning of 1891 to
»l'j at the end of 1894. A sudden sharp rise in the
prices of all three products is seen in 1595. but this
was followed by an almost equally rapid decline,
and during I©7 and IS9B the prices stood practically
at a bottom figure. The most noticeable movement
shown in the diagram is that during 1859, when the
price of pig iron rose from $10 to $25 and the price
of rails from $17 to $3.".. Almost equally sudden and
very great, however, was the decline in the prices
of those products, especially billets and pig iron,
during the latter part of ISOO. Since that time there
has been a recovery, which leaves the prices of all
thre« products considerably higher than for the
years l»90 to 1898
These often sudden and violent fluctuations show,
among other indications, the great changes in de
mand for iron and steel products from time to time,
and the marked sensitiveness of prices to such
changes in demand. No very large stock of iron
and steel is usually held In advance, and when a
period of prosperity causes a great extension of the
use of these products the mills often find them
selves temporarily unable to keep pace with the de
mand, while buyers under certain conditions are
willing to pay almost any price.
A noteworthy feature of the diagram regarding
steel rails is the fact that the selling prices for con
siderable periods of time throughout the decade
covered by the figures have been held uniform.
Thus, through most of 1891 and 1532 the uniform
price named was $30 a ton: through 1594 was $-4
a ton. and through the latter part of IS9o and IS9<»
it was $28 a ton. This uniformity in prices is
doubtless due to the existence of pools from time
to time among the manufacturers, and the sudden
changes following the periods of uniformity are
probably explicable not so much by great changes
in demand at the precise date of the change in
price as by either the breaking of pools or the de
termination on the part of their managers that the
previously fixed prices were too high or too low-
It is commonly stated in the trade journals that
the nominal prices quoted for steel rails are : not a.
ways maintained In practice but that, secretly or
openly, sales are being made below the quoted rates
To a certain extent the changes in the price of
rails are followed by changes in . the price of pig
Iron, but the more or less artificial price of rails
indicated in the diagram prevents this paralle sm
from being as close as it Is in the case of billets
in 1 pie iron. We find that the cost of rails, which
depends largely on the price of th- chief constitu
ent pig iron varies much more greatly from month
to month than the selling price, while, on the other
hand occasionally happens that a very sudden
change In the selling price of rails appears unac
companied by any correspondingly sudden changes
Si cost It naturally follows that the margin be
tween the cost and selling price is a much more
variable quantity In the case of rat * than in the
case Of billets. The great Increase in the margin
during the year ISO* is noteworthy, while still more
striking Is the fact that from 1897 to the middle of
?9» almost no margin appears. During ISO the
i.rice of rails did not Increase as rapidly as that _Of
«teef billets, and In som«- months lagged even be
hind that of pig iron, so that the margin on rails
for several months In ISO* and 1900 was considerably
SHS On the other hand, the price o
rails did not tall aa suddenly in 1!™ as the price of
nbr iron or the cost of rails, so that for • short
2J7p margin ri-e* to a very high point, but al
rn"st lmi£d«at"l£ thereafter falls rapidly to ap
proximately zero.
Philadelphia. Nov. ».— "The North American"
saya that a new IHiOMtMO steel corporation is being
formed for the purpose of unitinc in one powerful
combination the plate mills of the country. Ten or
more plants, Including Pennsylvania companies
that are now doing a large business, are to be
absorbed by the new concern.
Four of the properties are past of the Alle-
Khenles. These are the Lukens Iron Works, of
Coatesviile; the Tidewater Steel Company, of
Chester- the Central Steel Company, of Harris
burp. and the Worth Brothers' mills. These four
represent an active estimated capitalization of
about $10,000,010.
It Is understood that the Jones & Laushlln Com
pany, of Pittsburg. a corporation with $20,000,000
capital, will enter the combination, and will be the
strongest concern in It. Details regarding the
Western interests that will be represented are
lacking, but these will probably be made known in
the coarse of a few days In an official announce
ment of the project.
A significant feature of the deal Is the active part
taken In It by Charles M. Schwab, president of the
I'rlted States Steel Corporation. Mr. Schwab at
tended a conference held in this city early in the
week and had much to do with shaping the plans
of the concern This is believed to indicate that it
will be operated in harmony with the billion dollar
corporation, and that eventually the new company
may become identified with Mr. Schwab's corpora'
1 The Joint output of an the companies aggregates
475 000 tons. The new company will take up the
securities of the constituent concern, both by means
of cash payments and an exchange of stock, upon a
basis not yet made known.
Washington, Nov. 10.— Governor Murphy of Ari
zona in his annual report advocates the sale and
settlement o' the large Indian reservations within
the Territory, with the possible exception of the
Navajo reservation, in Northeastern Arizona, and
the government construction of reservoirs for water
storage for irrigation in suitable localities, with
canals leading to lands allotted to the Indians. The
Governor says the latter action. In whic!; Indian
labor could be largely utilized, would help to make
farmers of the Indians, and that further main
tenance o" the tribal relations as now conducted
a , !( ; the retention of reservation agencies around
which the Indians cluster and live in Idleness on
government rations most seriously retard the civ
ilizaiion of the Indians.
\ number of localities in the Territory are dlc
sati^fied with the census returns, and the Governor
alleges that the greatest injustice was done to
Phoenix, the capital, in fixing its population at o.*M
only. Its registration for the city election last
May he asserts, indicated a population this year
of at least ten thousand. He attributed the dis
crepancy In the figures to enumeration in the sum
mer when the people were at summer resorts anc.
to careless work of enumerators. He says trom
the school census and other trustworthy sources
the population of thp Territory U now at lea.st
135 000. against the census returns or 122.U-. Within
the last decade 545 miles of canal have been con
structed at a cost of $1,503.40. and irrigated land
has Increased 115.575 acres.
Senator Do pew has sold the ruins of his op«r«
house! in PeekskilL' Scon after the fire destroyed
the interior of the *!< ndsozne building, on Jan
uary 23. 1300. Senator Depew caused a big sign
of "For Sale" to be erected on the ruins. Th«
village was disappointed that he would not again
become the proprietor of a theatre. The solid walls
of the buildins had been left by the flre. and ex
perts who examine! them reported them to be as
good as ever.
A force of men have begun to clear out the- de
bris, and the ruins will be converted into a hotel.
John S. Baker ha? purchased the property, paying.
it is said. HO.OCO for the land and the walls. The
hotel will be one of the finest between Xew-Yorlc
and Albany. One section of It is to be ready for
use on May 1 next.
Years ago those who bought "ready
made " clothes usually wore tnem
away because they were ready
made, — not expected to tit and the
buyers were not particular.
Then came the time when few
wore away the new purchase be
cause they vere particular and the
clothes did look so ' ready made. '
Xozl-, progress, in our Establishment,
has put the tlnest u'oods and the best
workmanship into our "ready-to
wear" garments so that a gentleman,
no matter how particular, walks out
of our stores with the new clothes on.
Such perfection seldom found any
where eise. but it's an every-day
occurrence here —
Men's Suits, fUL'tO $33.
Overcoats, $15. to |MX
Smith, Gray & Co.,
■■^ Broadway at 31st St.
Brooklyn: Broadway at Bedford Aye.
Fulton St. at Flatbush Aye.
Strengthens the Weak;
Preserves the Strong.
Only True Sanitary Under* car.
23 Years' Sviccess.
All Weights for All Wants.
!16 W. 23d St.
1155-157 B way.
I Fifth he. Auction Rooms, |
■♦■ 23S Fifth ay. Win B. Norman. I . - ----- •*■
■♦• .\O\V O.\ EXHIBITION. £
: Messrs. R. Simpson & Co., |
X HoJborn, London, England, £
+ of a •+•
"♦■ cnmpri«ln? ~T_
-♦- TIRE, mclurtinsr .♦•
-♦■ \ Pur"»rb Gothic Thron» Chair. Luis XV. Ward- >.
I mb» a very rare •"", of Hogarth Dining Chairs, .i.
T Lamia XV. ,m J . XVI. Mantel Mirrors an.l Consols. 11
**" Over Mantel Mirror fr-->m the Ravstyn Caotle. very
"♦" valuable Sevres Vienna. Jacob Petit. Worcester. i
"♦" Crown D*rt» Wedgwood and Leeds Porcelains. T^
"♦• Rocktauchaci Queens Ware, Old Silver and Copper
■♦■ Lustre. English. Dutch and RohemUn Cut and En-
■♦■ crave.! Ola?." Bisque and Carrara Marble Figrurea ♦
■♦• ami BusW. EmMre Mantel Cl->ok*. Bronze?. Ohlm- •♦•
■♦• Inn Hall Clocks Artistic Wood Carvln«» of the ■■+
-♦- XVI.. XVII. and XVIII. Centuries. Old Pewter ♦■
.4. and Copper Ware. Fenders. Rare Old Engravings >■
.4. and Si.-rrinc Prints. A.-c. - ■♦-
Z to OK SOLD *.
■*" .VXD SATIRn.VY \F'IFR>OO\S. >ot, T
♦" i:tth. 1 tth. l."th 11 ml IBth. . X
•♦■ At 2 o'Clooli Kach Day. T" :
Gold Lion
The result of long expert
experience in blending the
choicest materials, and suf
ficient ageing in wood.
Seven varieties.
Gold rr.edal, Paris, 1-700.
Tbe Cook and Uernbe'raer 0.. Mew York
Guaran cad
Not To Shrinii,
" DERMOPHILE " Underwear.
PI/RE WOOL. At Lea:"inf Dry G-x-dd Stores.
V^l A l» n * em» for
fjL 9 r /m. Branch;?!*,
/ D Ml X* I> '** > 'T T ~~*tW*L'
B I ' r- ' Xearatctsv ,
« BMdacbsw *'
■ ■•^ aataiiralmj

xml | txt