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NEW HAVEN MORNING JOURNAL AND COURIER TUESDAY, DECEMBER 4 1894.
f RKH1DEXT' MBMAOX. (Continued From Third -.) 1IM, Mmatime called th dependent pension taw, Tbt total amount expended for pen' of the work. A larger sum of money ,l0M durln mr waa 1139.804,641.05, than bai ben appropriated during a number of jreari paat on thli aocount baa been returned to the government aa a result of the labor of thoat em ployed In the particular aervlce mn tlonad, and I hop. It wll not be crip pled by Insufficient appropriation!. I fully Indorse tbe recommendation leaving an unexpended balance from the aura appropriated of $25,206,71tM. Tb aura naoeusry to meet pension expenditure for the year ending June JO. 1194, la eitlmated at $140,000,000. The commissioner of penilona la of the opinion that the year 1895. being the thirtieth after the doe of the war of the wniirt that .4Ml..t ' th rebellion, muet according to aU tlon ba provided for our foreet reeerve en",bl human calculation see the and that a comprehenaive forestry iys- '" "mu or in penaiort roil, ana tern be Inaugurated, with auch keeper '" ,ter that fc1 to and auperlntendenta aa are necessary ne' to protect the foreata already reaerved Th ciai pending In the bureau ahould be provided. I am of th opln- have dceaed more than 90,000 during Ion that there should be an abandon- the yar- A lar proportion of the ment of tbe policy aanotloned by pre- new claln 1'1 are for Increase of ent law under which the government """ r moso now on me roue, for a email conaidentim -1 ranidi The number of certincata leiued wa losing title to Immense traot of land covered with timber which should be properly reserved a permanent sources of timber supply. Th sugges tion that a change be made In the man ner of securing surveys of the publlo lands is eepeolally worthy of considera tion. I am satisfied that these surveys i,213. The names dropped from the rolls for all causes during the year numbered 37,9m. Among our pension' ers are nine wldowa and three daugh tera of soldiers of th revolution and forty-five aurvlvor of th war of 1813. OITIL 8KRVICB KCrORIT. The advantages to the public service should be made by a corps of compe- of an adherence to the principles of ieni surveyor under the immediate I civil ervlce reform are constantly control and direction of the commls- more apparent; and nothing Is so en loner of the general land office. couraglng to those In official life who M, th poos Indians. honestly desire good bovernment as the Though the condition of the Indians Increasing appreciation by our people howa a steady and healthy progress, f those advantages. A vast majority their situation Is not satisfactory at of the voters of th land are ready all points. Some of them to whom al- to Insist that the time and attention of lotmentBof land have been made are found to be unable or disinclined to follow agricultural pursuits or to oth erwise beneficially manage their land. This is especially true of the Chey ennes and Arapahoe, who, as it ap pears by reports of their agent, have in many instances never been located upon their allotments, and in some cases do not even know where their al lotments are. Their condition has de teriorated. They are not self-support ing, and they live in camps and spend their time In idleness, I have always believed that allott ments of reservation lands to Indiana those they select to perform for them Important public duties, should not be distracted by doling out minor of fices, and they are growing to be unan imous In regarding party organization as something that ahould be used In establishing party principles Instead of dictating the distribution of public places as rewards of partisan activity, Numerous additional offices and places have lately been brought within civil service rules in regulations and some others will probably soon be In eluded. The report of the commissioners will In severalty should bo made sparingly, be submitted to the congress, and I In vite careful attention to the recommen dations it contains. A NATIONAL BOARD Of HEALH. I am entirely convinced that we ought not to be longer without a national board of health or national health offi cer charged with no other duties than such aa pertain to the protection of our country from the invasion of pestilence and disease. This would involve the wretched pauperism of the allotees establishment by such board or officer, or at least slowly and with tbe ut most caution. In these days when white agricul turists and stock-raisers of experience and intelligence find their lot a hard one we ought not to expect Indians un less far advanced in civilization and habits of Industry, to support then selves oq the small tracts of land usu ally allotted to them. If the self-sup porting scheme by allotment falls the which results In worse than their orig inal condition of regulated depend ence. It Is evident that the evil conse quences of ill-advised allotment are in tensified In cases where the false step cannot be retraced on account of the puroTiase by the government of reser vation lands remaining after allot- of proper quarantine precautions or the necessary aid and counsel to local boards o hea th and health off.cers In the suppression of contagimu dis ease and in cases where there m m such local boards or officers, the im mediate direction by the national board or officer of measures of sud- Ll10 101IlCblIiail& "wiw hm.v. I ba u. i m-ents are made and the tileposltlon of pression. constant and authentic in- euch remaining lands to settlers or formation concerning the health of for- purohaser from the government eign countries and all parts of our cwn I am convinced that the proper solu- country as related to contagious dJs- tlon of the Indian 'problem and the eases; and consideration of regulations success of every step taken In that di- to be enforced in foreign ports to pre- rection depend to 'a very large extent vent the introduction of contagion into upon the intelllgehoV anfiT honesty" 'at our cl(iea .and, the 'measures "which the reservation agents and the interest should be adopted to secure their en- ttoey have In their work. An agent forcement ' fitted for hi place can do much to- There seems to be at this time a de ward preparing the Indians under his elded inclination to discuss measures of charge for citizenship ana allotment or protection against contagious diseases their lands, and hi advice as to any in international conference with a view matter concerning thelr welfarewlll of adopting means, of mutual assls- not mislead. An unfit agent Will make tance. ..-... no effort to advance the Indians on his The creation of such a national es- reservation toward civilization or prep- tablishmenl would greatly tide our aratlon for allotment of lands In seve- astandlng In such conferences and ap ralty, and his opinion as to their con- prove our opportunities- to avail our- dltlon In this and other regards is heedless and valueless. The indications are that the detail of army officers as Indian agents will re sult in Improved management on the selves of their benefits. - THE TARIFF. The tariff act passed at the last ses slon needs Important amendments neaervaltlona Whenever allotments if it is to be executed effectively and are 'made' and any Indian on the res ervation has previously settled upon a lot and cultivated It, or shown a dis position to improve it in any way, such lot should certainly be allotted to him, and this should be made platn- wiith oertainity. In addition to such necessary amendments as will not change rates of duty, I am still very decidedly In favor of putting coal and iron upon the free list. So far as the sugar schedule is con ly Obligatory by statute. In the light cerned, I would be glad, under existing of experience, and considering the Un- aggravations to see every particle of certainty of the Indian situation and differential duty in favor, of refined Its exigencies in the future, I am not sugar stricken, out of our tariff law. only disposed to be very cautious in If with ail the favor now accorded the msjting allotments, but incline to J sugar-refining interest In our -tariff agree witn the secretary of the lnterl- laws It still languishes to the extent or In the opinion, that when allotments closed -refineries and thousands of are made the balance of reservation discharged workmen, it would seem to iana remaining after allotment, in- present a hopeless cose for reasonable eteaa or being bought by the govern- legislative aid. Whatever else is done ment from the Indians, and opened for or omitted I earnestly repeat here the senuemeni witn such scandals and recommendation I have made In an- unfair practices aa seem unavoidable, other portion of this communication, should remain for a. time at least as that the additional duty of one-tenth common land of be sold by the gov- of a cent per pound, laid upon sugar ciiuiKHii. un uenair or me Indians in an Imported from countries paying oraerry way ana at fixed Drices to he hnuntv on ita imnnrt ha ihmnM determined by its location and desira- It seems to, me that exceedingly lm- uiw me proceeds, less ex- portant considerations point to the pro- Z ' 17 "7" J" trust ror toe prlety of this amendment with the ad ,Bneui in inaian proprietors. vent of a. new iariff poMcy not only The intelligent Indian school man- calculated td relieve the consumers of agement of the past year has been fol- our land In the cost of their, dally life, lowed -by ..gratifying results. Efforts but to invite a better development of feavo been made to advance the work American thrift and create for us clos- ... uu viu manner. Five er and more profitable commercial re- if! a,? I M teach have been latlons with the rest of the world, It T""u.:., :J ' Z 7 vnvva follows as logical and imporaUve neces- i I. r , "Malty that we should at once remove ;,i-t ..ki-T: t chief if not the only Obstacle which PPar;fmiaf tfT ha so long prevented our participation JSZZZfiZJV6in ln tbe t01 cwrylhS trade of the tlon of a gradual reduction of the nura- i, .,,., ..." hor of Indian mt.f ,.,., i A. tariff built upon the theory , i -l.HHr 7u .r that la well to check import and SL me market .hould bound th. v .T JZ.l 11. 1 Industry and . effort of American, pro aZI a w flt supplemented by a fcted -Brtthout tn rtfn, ,- wrueal to allow American registry to fee ted without the greatexpense to the government or, undue disregard" of In- vessels built abroad though owned and vestments made" by those who ha !J1a'by-ur ?fpIft Mb,t- ui wui.nsrneB iu wuttouua iui con test for the advantages of American tran-oceanlo carriage'. Our new tariff policy, built Upon the theory that It Is well-to encourage such Importation established and are maintaining auch contract school, fc Rtoom. At the close of th fiscal year, on the SOth day, of Junius, there were 969,-las our people need, and that our pro- 6t persons on our pension rolls, being I duct and manufactures should find net increase of IM3 over the number markets in every part of the habitable reported at the end . of the previous globe, is Consistently Supplemented by year. These pensions may be claasi- the greatest possible llbertytO our citi fied as follow: Soldier and sailors, (en In the ownership and navigation survivor of all war. 758,968; widows 01 Wp W whloh our product and and relatives of deceased soldiers, 216,- manufactures may be transported. The l8:rmrniir in th war of th r- nUlMon" now P1 to foreigner for car- SBllloit, 414 Of these pensioner S2.039 American passenger ana pro- are survlvlnif iwldler of Indian and !!!ft"41C?" to 'hould be turned other war prior to the late civil war. L JbtPWim and the widow and relative of auch IT iTn Ppot0J,t?, i n4ral- .oldier..- Th. iL.Id, SunbS TSSSS!! 837.506. are -recelvlnr uinn JL Ptsj mploymit for ships .'r;.iT- w;-'n'.-W American, tailor ri-rr-2 :7A ": r.riJ1.-. i "a resurrected w -;wroi erjhlplaoe sturdy sue uM.uif. yt, ae sec oc june x,4 ug In tune and amf defender of American Inter est In Wie day of crmfllot Th an cient provision of our law denying American registry to ship built abroad and owned by American appears In th light of present condition) not only to ba a failure for good at every point, but to be nearer a rello of barbarism than anything that xlU under th permission of a statut of the United States. I earnestly recommend it prompt repeal. ths oold raonitx. During the last month th gold re aerved In the treasury for th purpoa of redeeming th note, of the govern ment circulating as money in th hands of th people to become so re duced, and Its further depletion In the near future seemed so certain that In the xrclae of proper car tor th pub- no welfare it became necessary to re plenish thl reserve and thus maintain popular faith in the ability and deter mination of. th government to meet as agreed, Its pecuniary obligations. It would have been well if In thl emergency authority bad existed to Is sue the bonds of the government bear ing a low rate of Interest and maturing within a ahort period; but the con gress having failed to oonfer such au thority, resort was necessarily bad to th resumption act of 1875, and pur suant to Its provisions bonds were is ued drawing interest at the rate of five per cent, per annum, and maturing ten year after their Issue, that being the shortest time authorized by the act. I am glad to say, however, that on the sale of these bonds th premium re ceived separated to reduce the rate of Interest to be paid by the government to less than three per cent Nothing pear at such partle In garments most could be worse or further removed from sensible finance than the relation ex isting between the currency the' gov ernment has Issued, the gold held for Its redemption, and the mean which must be resorted to for replenishing such redemption fund when Impaired. Even if the claim upon this fund were confined to the obligations origin ally Intended and if the redemption of these obligations meant their cancella tion, the fund would be very small. But these obligations when received and redeemed In gold are not' cancelled, but are reissued and may do duty many times by way of drawing gold frrfm the treasury. THus'we have an endless chain In .operation constantly depleting the treasury's gold and never near a final rest. As if- this wa not bad enough, we have, by a statuary declaration, that it 1 the policy of the government to -maintain the parity be tween gold and sliver, aided the force and momentum of this exhausting process added largely to the currency obligations claiming this peculiar gold redemption. Our small gold reserve Is thus subject to drain from every , side, The demands that Increase our danger also Increase the necessity of protect lng this reserve against repletion, and it is most unsatisfactory to know that the protection afforded la only a tem porary palliation. It is perfectly and palpably plain that the only way under present con ditlons by which this reserve when dangerously repleted can be depleted through the lasueand sale of the bonds of the government for gold; . and yet congress has not only thus far declined to authorize the issue of bonds best suited for such a purpose, but there seems a disposition In some quarters to deny both the necessity and power for the issue of bonds at all. I cannot for a moment believe that any of our citizens are deliberately wll ling that their government should de fault In its pecuniary obligations or that Its financial operations should be reduced to a silver basis. At any rate should not feel that my duty was done if I omitted any effort I could make to avert such a calamity. As long there fore as no provision Is made for the final redemption or the putting aside of the currency obligation now used to repeatedly and constantly draw from the government Its gold, and as long as no better authority for bond Issues la allowed than at present exists such au thority will be used whenever and as often as It becomes necessary to main tain a sufficient gold reserve, and in abundant time to save the credit of our country and make good the financial declarations of our government. THE CURRENCY. Questions relating to our. banks and currency are closely connected with the subject just referred to and they also present some unsatisfactory- fea tures. Prominent among them are the lack of elasticity in our currency circu lation and Its frequent concentration in financial centers when It is most needed in other parts of the country. The absolute divorcement of the gov ernment from the business of banking Is the ideal relationship of the govern ment to the circulation of the curren cy of the country. This condition can not be Immediately reached; but as e step in that direction , and1 as a means of securing a more elastic currency and obviating other objections to the pres ent arrangement of bank circulation. the secretary of the .treasury, presents In his report a scheme- modify ng- pres ent banking laws and providing for the issue of circulating notes by . state banks free from taxation under cer tain limitations. The secretary .ex plains hla plan to plainly and itsi ad vantages are developed by hint, with such remarkable clearness, that any effort on my part to present argument in its support would be superfluous. I shall, therefore, content myself with an unqualified indorsement of the, sec retary's proposed change In the taw and a brief and imperfect statement of their prominent feature, - , .tlK I is, proposed to repeal all . laws pro viding for the deposit of United States bonds as security for circulation! io permit national banks to Issue circula ting note not exceeding In. amount sevenfy-flv per centr of their paid up and unimpaired capital, provided , they deposit with the government, as a guarantee fund, In United States le gal tender notes. Including treasury notes ot low, s sum equu in amount to thirty per cent of the notes they de sire to issue, thl deposit t be main tained at all times, but whenever' any bank retires aofy part' of its circula tion a proportional part of its fuaran ty fund shall be returned to it; to "per mit the secretary of the treasury : to prepare and! keep on hand ready for is- sue in case an Incww in circulation tt desired by any national notes for J or Increase their clrculatlon-thu per- MDITOJt WilDKR A hKN EVICT. Mlttlna ...... t I w h " ?iuc"" i.,taay ssiZJZJZ " K'Y m "b. Fry. N. Y.. Dec l.-Th mar- In addition to the guarantee fund re- nm" 01 Anu wiwer, formerly quired, It I proposed to provide a safe ty fund for the Immediate redemption of the circulating note of fulled bank, by Imposing a smalt annual tax, ay one-half of one per cent upon th av erage circulation of each bank until the fund amounts to five per cent of the total circulation outstanding. When a bank fall It guarantee fund 1 to be paid Into thl safety fund and its note are to be redeemed 1n the first Instance from uch safety fund thl augmented any impairment of auch fund caused thereby to be made good from th Immediately available cash assets of said bank, and It these should be Insufficient such Impairment to be made rood by pro rata aascsment among tb other banks, their contribu tions constituting a first lion upon the asset of the failed bank in favor of the contributing bank. Aa a further security it Is contemp lated that the existing provision fixing lb individual liability of stockholders is to be retained and the bank In debted loss on account of Its circulating note Is to be made a first lien on all It asset. For the purpose of meeting the ex pense of printing notes, official super vision, cancellation, and other like charges there shall bo Imposed a tax of say one-half of one per cent per annum upon the average amount of notes In circulation, It Is further provided that there shall be no national bank notes Issued of a less denomination than ten dollars. That each national bank, except in case of a failed bank, shall redeem or retire Ita note .in the first Instance at Its own office or at agencies to be designated by if, and that no fixed re serve need be maintained on account of depositors. Another very important feature of this plan is the: exemption of state banks from taxation by the United States In cases Where it Is shown to the satisfaction of the secretary of the treasury and comptroller of the cur rency by banks claiming such exemp tion that they have not had outstand ing their circulating notes exceeding seventy-five per cent of their paid up and unimpaired,, capital; that their editor of th Palladium of New Haven, Conn., but now th proprietor of the Madison (Wla) Dully Journal, to Mis Isabella T. Ntvena took place here thl afternoon. Th Rev. Dr. Nlven. the rather of th bride, performed the cere mony. There wer many guests pres ent from Nw York and Philadelphia. Mr. Wilder wa a graduate of Yai, class of '84. Th Missing OlMtnnbury Mud. East Glastonbury, Doc. 3. Th friend of Benjamin Haun, the farmer of thl place who mysteriously disappeared on Friday, have not secured any trace to the whereabouts of the missing faVmer. The police of Hartford and other place In thl vicinity have been notified. It la thought that Haun I demented. II I Ofty-thre years of age. noxK ron Tim vmKsnr.ifi. Annual Meatlng to be Held To-narrow Afternoon. The annual meeting of the Home fur the Friendless will bo held In Trinity parish building, 160 Temple street, on Wednesday, December 6. at 8 p. m. The Rev. E. S. Lines will make the address. Coroner RH11 Inrntlgtlng. Hartford, Dec. 3. Coroner Talntor of this city Is still making an Investiga tion into the accident on the New Eng land road which occurred on Thanks giving day and which resulted In the death of William II. Lewis, an en gineer. The coroner expects to make a report in the case by Wednesday. Edward Flanagan of 531 East street died yesterday after a six weeks' Ill ness, aged forty-seven. He was a mem ber of East Rock lodge, A. O. U. W., and Elm City court, A. O. F. fTtnanctal. American sugar Led tbe Lint in l'ulnt of Activity New York, Dec. 8. American Sugar stockholders are Indlvldualy liable for led the llBt in point of activity to-dav tne redemption ; or their circulating the sales of the stock footing up 102,200 Hu.CTi iu iub iuii eieni oi ineir owner- Bh Tf i or,. ship of stock: that the liability of said " ;"". ?. m7s juuiyeu iu ooi, uroppea to Lomaulllr NeeAllMiir 4 tuui. lilt Saw AiImuv ptd. ... So luudt, Om fi Mimiuii, kanua J'-mm t Mi.iun.K4ii.MJi 'J'eios old... rJ Mmiiuiiiitii aivvatnl Miwtiun ftmuu Ht Kitrk k ,vw liuvea lw N. K..3I pi4 ultf ...-w luiitumiriii iiuuaon.... w n. ..i-uio,., ilu.... K- Ki'e Wutturti .r UueKi'i, Wo-uru vtil. N. k .. U.iUrlu Wi-.luru ,. AuituUji nitaiern pnj Nuriti Amorimui Co NoitUviii t'luimo Nurtiiuiu t'at-iiui ril , ,, NiUiotMl Uwl U NitiluuMi Lt-a-i Co, prd IWllu- Mm Co Hcorm. DixMiur a ICvanavi'le.... rtuia. ttt,d,iiui Vttiiu t.-td ruuwnii raiitvv utr CO .M ltt 16 st HIV .' Is Klun. W, f. 1. lr..m liiat. d'u. ., a...,,,.,,. .(..(., TeiiiiiMacvl'iml Iron., , 'luliuwii'l'unl & irou pftl Tviaa & t'.i.-l He TulAiui ArlKir Norm Mich. Clllou 1'avlllu Union I'atiiiiu. lli-iitfor St OulC.. Wauoal WllHUll Hid Wualvrit Uiiiuii ivit-a-rupb , WhtH-llnn UttoKne Vt uoi'llUtf A llko Hi lu ptd , Wi-cuimm Ci mi u! A'lniii. t)xin- , Aiut-ru-au t.turoaa Uuilt-d.-HaLua ... itriHut. W'-lla-t-'uittu ..kpt'tAia U. B.ltunu.-r U.S. Uuubur pf,l 11,6. Curd. im- C i V.6. Curdua-u Cu..utd Day eiuu liiia l'itia..Cin.,Ciil. It 01. Lull la Soiilliuru lluuwit) , 0! U 0H II V Ill:, ;i'i 141 U:i ;i It l ws 14'. Hi's r. UK in,, .ii V l-'Hi IP '4 ai) IMV) 14 I 7 14 'j ST aj 4 lit 4ll ll'l H4 II. i , a;i bouUiernlUihia) pr.l iw Uovorniiient Honda, Following tire tha quotatlona for United SluU- bonds at the call to-duy; Kxt.U, run w i 4a.rca-., lmiT 4.ouii4.. 1U0? Ni-w&,ro-..)M Now(i..0'iun.. I-.M4. . Curroncy it.. ' . . . Curreucyiii, IsAl. ... Cumiicy Da, Ik.i, .... Currency Us, lt'ia..., Currvnvy 0a, Isw..., 1IU tIIHM 111) U.IIUU Jill ul III), lid ut lift O l'W is 111 (4 - NEW HAVEN LOCAL QUOTATIONS Furnished dally by Kimheklt, Root DA uuiikuraaud Unikors, Ui Orunveslroet. BANK STOCKS. Par Hid Asked Cltyltank IU0 V II .1 ... , m-nr navuii vouiilv i-iaiiuna. liank 10 MiicliHiiIca' llunk 80 Merchants' National Hank.... AO New Haven National liank... 1U0 Trail, win, m'sNuthmut Uaiik.. lu) 8cconil National Hunk 1U0 KaluNatioual Uauk 100 MX 4l 1D7 banks upon their .circulating note con stitutes under their state law a first lien upon their assets; that such banks have kept and maintained a guarantee fund in United States legal tender notes Including treasury notes of 1890 equal to thirty pjfe cent of their out standing circulating notes and that such banks have ''promptly redeemed their circulating, notes when presented at their principal or branch offices. It is quite likely that this scheme may be usefully amended In some of Its details; but I am satisfied It fur- 82 and railed to 8483t. The early rise was due to the announcement that the management of the company had ordered the resumption of work at the Williamsburg plants. This Induced considerable covering of short stock, but when the president's message be came public there was a rush to sell and the stock fell to the lowest point for a long time past. Rumors about the dividend, whloh is to be decided niBhes a basis for a very great Improve- e,ther Wednesday or Thursday, helped ment ln.our preset fcanklng and cur- I to keep the stock feverieh. Insiders are rency system. conclude this com- said to be at loggerheads regarding municatlon fully appreciating that the th to T ,... . , responsibility for.all legislation affect- ,t " T ' lng the people ol, the United States huarters u ls believed that the Have rests upon their representatives in the I meyer interest favors a reduction and congress, and assuring them that I that tney will carry their point now whether ire accordance with recommen- that President Cleveland has come out dations I have mnBe"or not. I shall be in gld to co-oper-jnrperfectlng any' pany. " w com legislation that tends to the prosperity Chicago Gas and Lead were heaw and welfare of our country. ' ' GROVER CLEVELAND. Executive Mansion, December. S. ,i894. Stocks and Bonds for Sale. 40 h N. Y.. N. H. H. RR. Cb. I0h8 United New Jersey RR. & Quia! Co.. maranteea w per cent, by Penn. RR. Co. 100 sbs Home, Watertown &OgdeneburgRR. no sm aeeob Creek RR., g-usr. 4 per oent. 20 she Chicago Juno. & Stock yards. 40 shs Boston Electrlo UuhtO. 10 shs New Hav i n Oas Light Oo. , to shs 8wl't& Company. . ' 20 sbs Merchants' National bonk. 18,500 N. Y., N. H. & H. RR. debenture 4's. 11,000 Indianapolis Llht Co. gold 6's, KIMBERLT, BOOT & D1Y. STOCKS DIVESTMENT or BPECTJIATION. T. E. WARD & GO. Bankers and Brokers, 81 ft S3 Broadway, Rew York City. STOCKS, BONDS, GRAIN, . COTTON, COFFEE. Bonsht and sold for cash, or curled on i to S mr IP YOU WANTTO KEEP POSTED TOtT SROtTtD SBND FOR OUR DAILY MARKET LKTTER. wnmn thus von when to sm.t. as wut i. xou Bnouia alio Bona lur our ujhjulail wuon flvefl some valuable anggeaUou In tba war o( oonnft vnn aver had which allowed Toil m lona. and lowln our -rulea, you will ssjr 7001 loatea ware W ham tht tenraat office, emvlov man eitrkt. morm broken, have more private wiret, waa mora telephones, and have a larger number oouetOMert (nan any oiner orQKcrr vjpub n m wvna. 11 yoa are raacinff monej wnn, tou are, aon's 1 the New YORE once and try the Change, tint U yon are running befil ahanen. If ron are aoeculatins IB the STOCK EXCHANOB. quit at onoe and try CONSOLIDATED, where yoa can laTe halt the jTOOK EXbHANOKT qnlt nnwaAT.inATirn. whera vc .,mi..'nn. anil all of the Interest, It rod with. boston ora-icjc, w. a. Albertaon nieeodlm Co.. 15 state St., Boston, Main. w an I 1 mm, V WWM 'Bankers cthd Brokers. ! a!ori In Investment Sesurities. 16 and 18 NASSAU STREET, Ww TaTorlt Olty. . i on liquidations, the former selling down to 689s andl the latter to 37. Gas was Influenced by rumor of a reduction in the dividend rate and Lead on a belief that congress would reduce the pro tection enjoyed by the smelting Inter est. The preferred dropped 1?4 to 83". The general market was weakened in the early trading by the advance In Sterling Exchange, which revived the talk about gold exports. A number of bankers now assert that the chances favor shipments of the yellow metal this week. The .early decline averaged about per cent. After a while the market cut away from the Industrials and moved up all along the line, the views of President Cleveland in his message to congress on currency reform having been well reoelved. Covering of short contracts attracted special atten tion. This movement was most pro nounced in the grangers, one firm hav ing bought about 10,000 shares of North west. This concern has been picking up St. Paul and Northwest recently and allowing for matched orders, manipulation, etc., it must have se cured a round amount of these stocks of late. Whether this means a change of front on the part of the bear opera tor who tea his Account wjth the firm In question, remains to be seen, The Improvement in the general list ranged from to 1 per cent., Northwest leading. The market was strengthened In the late dealings by the announcement that the Lehigh Valley road) had agreed to a reduction in output for December and to tide water line and other prices. This was accepted as meaning that the independent operators had been brought Into line. The market closed Arm except for Sugar. Net changes show gain of to-1 per cent. Lacka wanna gained 2?4 per cent, on light trading. Sugar lost 2 H, preferred , Lead preferred 1 and Pacific Mail 1. Tobacco recovered 3, to 95. Hallway bond were Arm and moder ately active.; Sale were $1,074,000. Following are the closing prices re ported liy" Prince 4" Whlteiy,' bankers arid brokers, iS Broadway, New York, and 15 Center street. New Haven: ' Bid. Aaked HAIUtOA 0 STOCKS. Par 100 60 B.& N. Y. A. L. profcrrnd.... Dnnburv & Norwulk It. it. Co. Detroit. HmaitRln S. V 100 Housatomo K. K. Co 100 Nauk-atuck It. R. Co 100 New Haven & Derby R.R. Co. 100 New Haven Nonnnnipton. 1110 N. Y., N. H. & II, It. H. Co.... 100 Snore Line K.U llXI 195 Bid Aaked W - 5tt 9.1 SI ft Z IK! ITS MISCELLANEOUS STOCKS. Pur nid Asked 5 102 H m loo M w ma 90 K1U 101i New II men Ons Light Co.... 'i New Haven Water Co SO Peck. Stow & Wilcox 85 Seen rl ty Insurance Co 40 SwIlt&Co loo Telephone Clies,& Pot 100 . Erie 10J N.V.&N. J 100 . Southern N. E 10U U.S. Rubber preferred, par.. 100 95 96M BA1LKOAU BONDS. Due Rid Aaked DO 48 m "8 95 B. & N. Y. A. h. f 1M 107 Holyoke & Wostfleld 1st 4a... 1011 99 Housatonio Consols 5s 1UI7 116V New Haven ft Derby As 1918 HIM New Haven & Derby 7s 1900 H i New Haven & Derby 6s :. 1900 109 New Haven & N. 7s, 1809 1899 110 New Haven 4 N. 7a, 1871 1899 110 N. H. & N. Consols tta 1908 118V N. H. 4 N. 1st fig 19U 108$ nun uonunn Jonnern im . jww iui New London Nonueru 1st lis. 1910 107 N. Y.&N. K.l8t7s lmn ll H. Y.& N. K. KtHs glials N. Y.&N. E.W0S 1IKM N. Y.. N, H. & H. 4 MO! 10J K. r., w. M. H. Deb. 4s 1IKH W7 N. Y Prov. 4 lioaton 7s 1899 110 N. Y., Prov. 4 Boston 4s 190 101)4 West Haven H. K. It. 5s 1911 100 1SCELLANKOUS BONDi. ' Duo Bid Asked 55ittevtatumcnta. HYPERION THEATER. 'Iil(ly Cvenlu, Dni.4, The lUiillnif Couictly, liy AIITIIL'B LAW T1IEEVIJ()Y. With Cotnwiliin JAME8T. PDWRHB and Orlgliul C-nnpiny, Prlwn 91.00, Tfinj (iilnor .-aiauow nnrn.dl M HYPERION THEATER." Wi.lnfwlny Kveulnir, Dm). . Vint prMeutnllun In this City of UOYT A BLACK SHEEP. PriMllK-l-il Wit, I tllil atniliiriut Riiuliuxl In.,!,!,,! ,v Mr. oil. Tluriiin under tUa ppnumai dinvtlon ,if Mr I'lintl,-. H.iyi, 1 rlu,- 91, ;,'). Halo ol (ni now niion. A3 31 HYPERION THEATER. Thursday wiilii-. Di-o. Sth, MR. FRANK D1CKKII.MAN' nud Comiwnloa Players lu "EvcrjlKMly's friend." Sale of m-iiu at Iljx OlBi-o Tiim,I-. d.1 4t HYPERION THEATER. Saturday Kv.-nlu. Di O. Mh. ut 8. L'.MlKUTIIK Ai;SI'ICK.S OK TUB Department of Ml:, Yale University. First iiiipeuranne lu thro-.' years of the Boston Symphony Orchestra, ilr. EMIL l'AUU. Ouduetor. Acounipnnto'l by the roiioivue.1 lloliflan VluilnUl, Mi. CESAR THOMSON, (ills llrst appearano,) In Now Haven.) A HIM I.I.I A vr pit, inn vr i . Ilaeh. Kviiipliiiny in i: niliMr X,i. 4, H- ulitnV. Moll ior V I.,IIti : to Ailiiuio I rniu (.'oneerto lit l. inlnor, Hrm:li, u) C.neerio In 1), l'siranlnl. Hi.lte "L Ai-lesleuno'' No. I, lll.et. Overture. " utiieval Koiiiaiii." Ik-rllux. . Tieki-ts with ..ui. CI Kn i rti ..-., 7So, aeorillii to l-ieatliin : now un iuIq nk the Hyperion Theater. i m iA. KI.1.IH. Mannircr. Vi'eelt of Docomber 3, JULES G-RAU'S COMIC OPERA COMPANY. Monday Evonlnir, "lloecncoiu." Tu- sday Even lint, "Amorlia.'' Weilnosiiay Matinee, "Ilnlieinlan Girl." Wednesday Kveulnir, "Tar and Tartar." Thursday Evening, "Martha." Friday Eveninu, "Paul Jonin." Wntiirilay Matinee. "Tar anil Tartar." Saturday nljfht, "The Gondoliers." Sale of seats now open. .theatre; Continuous performance. 'John W. Kansono' as "The Ruler of New York." A Great Com pany Besides. Doors open from 1:30 to .r. CI and f to 11. Admission 10 oents. dU 115 111 117 WARNER HALL. Wednesday Evening, Deo. 5, 18W, 8 p, CONCJSttT BY THE Mendelssohn Quartet, (Male Voices,) ASSISTED BY WELL KNOWN ARTISTS. Tickets 50 and 75 cents. On sale at music stores. dl 41 ra. hotels. no 106 las F. H. W.Co.'s7s 1895 lOlHi New Haven City 7s 1901 118M New Haven Citv Ba 1897 lm New Haven City 4s, seweragre 1914 108 Now Haven City 3X. " 1907 05 New Haven Town aVs 96V New Haven Town P. P. Issue 1930 07i New Haven School 4s 1004 10'i S. N. E. Telephones 1908 lOlki Swift 400.9s 1910 10J 109 Prmce & WMtely, UO ive' of Connicut. American Tobaooo Co...... 94), 95 American Tobacoo Oo. pfd.A.... 104 110 Amerloan Cotton Oil Co.......... 27Ji . 28 AmericanOotton01lCo..pfd.... Hi '' 72 Amerloan SuvarRetlnlnir Co.... Slit - mu A.ii.SunrarHettnlnaCo.ufd vim i?. Atohlson.TopekaiSautali'a.... 5 6V Canada tkiuthern.... M1U ! , R1 Central of New Jorsey.,... 94 h Hit OtaesapeakeAOhlo voting Ots. 11 H -;-18 CbicagoAEastmiBOispfd....... ttjW Chicago NorthWet.rn,. m' 89 Chloairo.BurilnatonfcOuinov... 70 :, vaa ICUloattoaaaCo........... ffiii . ,,69 Chicago. Milwaukee 4 St. Paul.. SUM 59V Cnloago,Mtlwkee4St.Pauipfd. 117 '- 'Ha BANKXKS AND 1UIOKJKBS, No. 46 Broadway, New York, AND 15 Center Street, New Haven. Members N. Y. Stock Exetaang-e, Produoe Ex change and Chicago Hoard of Trade, C. B. BOtMEB, Manager Wew rluvun ilranclj. Classes of Railway Stock, and Bonds also Grain, Provisions stud Cotton, Jiougut aud ooiU on couuulnalon. Connected by PrI vato Wire with New York, Boston and Chicago. INVESTMENT SECURITIES A SPECIALTY. Hotel Monopole, (European Plan.) 14- and 16 Church Street. CAFE- and Ladles' Restaurant connected, with hotel. WHOT LUNOHjervod la Cafe. JelO MOSELEY'S NEW HAVEN HOUSE HAS added steam and plumbing to all it rooms en suite. Commercial men will Dud the location espo dally adapted to their wants ; handy to the business district. nlO SETH H. MOSELBY. $20,000 To Loan on Improved City Property, IN SUMS TO SUIT. H. C WARREN & CO., 108 Orange Street. S X 'Per Cent COUDOn StflCk. OnloagoRookUIndPaoittq.. W,A ! wwhjimii eiuiK. cnioairo.St.P..M.Omaha n Be4btoWW-'yi Wtlm SrtibHr SZZ: u$ may MB wer one wr. i" ;v t-: I yonsouoawuwaii.i..., ........ r-c- . . r..TZZ i uaiaware. lek. Western. 125 160 81 : 83 88 m ' 126 c -a- . unaware, una. "esrern UUM ' iwg lmbIYed towBl4giffatj'J,proprtw tn Denver moGrndo pia....., 84 Oonn(iout. in-'Avn'--..';.'; Dis.ft Ghttt Jfeeding Co........ 8 S . rv- i i... a. nn aaAik 4... . I aimil HilAotrlll Co...... ".'.-nr. Mit bank Uvih elrtuiaiioit nd t1 . .denomination vino,, f zoo, tsoo tmd TSSSSS.'T.V"!" S"- SJ.J and aaln take I renmi the orovlslonB of tha . vwtIWwv !i'- -JS4!" I l4fetaK. Mtobmsi-flovk.. JKaf'W1 . F. W. ana mavmvnomm- ia lnoln MmltaUon aad, mmsJ V7i-4jt fc'WJMaW'ff Xw I Wffwy JS"?'" mm u FwtM Mf o aa8 , EatrioHolaonii noon, banks dealrln to Mdi.l a ' si-r inn 1 fIf.iLJiio iJailwtiu. '"" S Utrl FORGERIES, BY HIRING A BAJPB IN : THK VAULI OJ Mercantile Safe Deposit Co. Annual rental of aaf a. from FIVE to fit XT V DOLLARS. Absolute Security for Bonds, Stocks, Wills. Bullion, Plate, Jewelry, Precious Stones, and all evidences of values. . Access to vault through the banking room of the ME CHANICS' BANK. - IXClllItOH.COIt. CENTER 8TRKET. Coupon rooms tor convenience of patrons All persons Interested are oordl&Uy Invited to napect th company's premise. Open trom t. m. to - p. m. Xboiu R-Tbowbhtdo, President. OuvkuS, Whits, Viae President, - v Ohas. U. lBOWBBiDa,8eo. and Tree. BOOKS AND ACCOUNTS Of any kind examined, and prompt - - reoorts thereon. Bui once Sheets and Profit and Loss Accounts prepared. SHILLITTO, I ! Professional Accountant, I, Uoadley BuUdinar, - ew uaven BRODE AND COMPANY, BROKERS, ST BROADWAY, NEW YORK. ' STOCKS, BONDS, GRAIN, COTTON, PROVISIONS. To koep posted you should have our Dailv Market Letter, acknowledged by all readers to be one of the bust issued. puroxplaimtoryPanipnlotcontaiimmiichvaliinblo information necessary to succeus in Speculation. ALL SENT FREE ON REQUEST. . Special Attention GiventoDiscretionary Orflers Spnciout andpleamtd room for cmtomeu. Commission no margins stos pkrcenxv TuTliSa 3m 6000 Hoiisatocic 5s ot VJSl. 20CO Morldon Horse R. K. bond?. 4000 Norwalk Tramway Co. bonds. 7000 N. Y.,N. H. &Htt. R. It. 4 p. o. debs. 14 shs. Now Haven Water Co. stock. S5 shs. Boston Electric Liifht Co. ' 60 shs. Swift & Co. stock. 6 shs. N. Y N. H. & Hfd. R. R. stock. 25 shs. Detroit, Hillsda'eand Southwestern', The Chas. W. Scranton Co., INVESTMENT BROKERS., ' 84 CENTER STREET. National Tradesmen's Bank. NEW HAVEN, CONN, Draws Bills of Exchange . OK Alliance Bank (Limited), London, Provincial Bank ot Ireland, Dublin, V nion Bank of Scotland, Credit Lyonnala, Paris, ' And on all the Principal Cities ot Europe. Issues Circular Letters of Credit Availably xurougnous- Anrope. - 1 GEO. A. BUTLER, President. WM.T. FIELDS, Cantuer. SECDRITIES FOR SALE. 25sosN. Y..N.H.4H. RR.stooi. .. 60 shs Adams Express stock. ".' , V) shs Morris 4 Essex stis 1 per cent, stoo 20 shs Amerloan Bank Note Co. stock, ' ,: 60 shs U. S. Rubber pfd stook; 1 - ' ! -' 10 shs Boston ileotrlo Light itook. " ' $1,000 Middlesex Banking Co. pi lot. bond. '' 91,000 South. N. E. Tel. Co. 6 per oent. bond, ) iw.uwuty or auaaietown, conn.-, p.a, bda : M. B. NEWTON &C0; v Bankers and .Brokers. .''. .i 86 ORANGE STREET. v ?'V -