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Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, July 29, 1904, Image 1

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THE ABIZONA REPUBLICAN
House in Churchill Addition Wantadt
I have a cash customer that want a
small noma In this addition. Come in
quick. E. K. Pascoe, 110 North Cen
ter st.
V
FIFTEENTH TEAK.
PHOENIX, AHIZONA FRIDAY MORNING, JULY 29, 1904.
VOL. XV. NO. 71
FOR SALE Nice 6 room modern
brick cottage Small payment down,
balance In monthly payments, like rent.
E. K. Pascoe, loans and notary public,
110 North Center street
FINLAND'S
DEADLY
One of Her Sons Siays
of the
M. de Plehve Assassinated by Means of a Bomb The
Culmination of an International Anarchistic Conspir
acy of Which the Russian Police Had Been Informed.
The Arrest of the Assassin Possible Effect of the
Tragedy Upon the Far Eastern War.
Pt. Petersburg. July 2S. Viatsheshf
Oonstantinovltch de Tlehve, minister oC
the interior, was assassinated at 9:50
o'clock this morning with a bomb that
was thrown at his carriage while he
was driving to the Baltic station to
take the train for the palace at Pet
i i lnr. where he was to make his week
ly report to the czar.
The assassination is believed to be
the outcome of a widespread plot, the
existence of which has been suspected
for several days. Numerous arrests
have already been made, including that
of the assassin, a young man who I
believed to be a Finn of the name of
Leglo, and who Is now In the hospital
pei haps fatally injured by the explo
sion of his own bomb. An accomplce
of I.cglo, also apparently a Finn, but
whose name is unknown has been urn-sued.
He had in his possession a
bomb which he tried to threw, but ha
wa.i overpowered by the police Jus-t In
time to prevent great loss of life.
The assassin wore a brown overcoit
and a railroad officer's can. lie sticil
on the sidewalk juft as Minister do
Pi.-hve's -carriage va? about to c:osi
the canal bridge :tt the station Tbs
minister was escort'.d by a numbsr ef
detectives oa bicycl.F and one of them
jostled the assassin, who then rushed
into the road and threw his bomb aft:r
the carriage. The mlss'Ie struck the
hind wheel and exploded with fearful
THE BEST EVER.
It his been conclusively and repeatedly demonstrated that the U. S. Cream
Separator -heads the list of all seirara.tors, for close skimming, simplicity,
ease of action, etc., etc. Adopted over all others by the U. S. government.
D. H. BURTIS,
See him for prices.
15
Yoa can buy AT
S H O E S McKEF.'S CASH STORE
t
ONLY 2 DAYS LONGER
RIGHT IN
Five acres In Irvine addition, platted,
11.000. Water in Salt Canal. Now is your chance for"a bargain.
REMEMBER We write Fire Insurance. Our companies are among the
largest, the oldest, and the best.
WOOD O'NEILL
TEL MAIN 365.
Coffee
RESTAURANT:
Ice Cream and Sherbet.
Wholesale and retail.
THE LAMSON BUSINESS COLLEGE
Offers every inducement to the young person wishing to study Bookkeeping,
Business Forms, Commercial Law, Arl thmetic. Grammar, Letter Writing,
Penmanship, English Composition, Spel ling, Reading, Civil Government, Com
mercial Geography, Shorthand and Ty pewriting.
Come up to the College and lets talk the matter over. Right now is a good
time to enter. College ofTlee is open all day, including Saturdays.
The Lamson Business College, Phoenix, Ariz.
THE SOLAR MOTOR COMPANY.
Announces that it Is now prepared to negotiate and receive orders for mo
tors of various powers for pumping an d other purposes and to install the
pa me.
A motor is now in operation in Tempe and the engineers in ch'arge will be
glad to exhibit at any time upon application.
As this motor will shortly be remove d and erected for a purchaser In an
either portion of the territory ir-tendin g purchasers or those Interested and
desiring Information should apply at o nee to.
J. MURDO BRUNS
Or CLIFFORD S. ESTES
THE PHOENIX NATIONAL BANK
PHOENTX. ARIZONA
Paid-up Capital $100,000. Surplus and Undivided Profits. ",000.00.
K. B. GAGE, President. T. W. PFJMRERTON, Vice President,
li. J. McCLUNG. Cashier. R. P. BURM1STER. Assistant Cashier.
Bteel-lined Vault and Steel gnfety Deposit Boxes, General Bank injf BuBlnsa. !
Draffs on all principal cities of The world. I
DIRECTORS: K B. flage, T. W. Pemberton, F. M. Murphy. D. M. Ferry, R.
N. Fredericks, L. II. Chalmers, F. T. Alklre. J. M. Ford. H J. McClung.
THE PRESCOTT NATIONAL BANK
PRESCOTT, ARIZONA.
Paid-up Capital. 1100,000. Surplus and Undivided Profits, 100.000.
F. M. MURPHY, President. MORRIS GOLD WATER, Vice President
R. N. KKKDKRICKS. Cashier. W. O. BRANDON, Assistant Cashier.
Brooklyn Chrome Steel-lined Vaults and Safe Deposit Boxes. A general bank
In biiBinfM transacted. Directors V. M. Murphy, E. B. Gajro, Morris Uoldwater,
Joha C. JJerndon, jr. U. Breoht, D. M. Ferry, R. N. Frederick.
Long Dliitance Telephone No. Ml.
HATRED
the Gzar's Minister!
Interior
force, killing or wounding more thin'
a sec re of people.
Minister de Plehve and his coachman-
were killed outright and an officer of
tiie guard was fatally wounded.
One of the detectives captured the
assassin as he attempted to escape,
though wounded by splinters in th,5
face, arm and abdomen. Ho made n
attempt at resistance, however, when
seized by the detective and confesB.nl
his crime, but refused to give
name. The police immediately after
the explosion arrested a suspicious in
dividual who took refuge in a hot;l
near the scene of the tragedy. He car
ried a bomb similar to that thrown by
Leglo. As soon as the police saw tha
bomb they scattered, but an employe
of the hctel fan up behind the accom
plice and pinned his arms.
The expioslves-"are believed to have
been composed of pj-roxlin, as It gave
off little smoke. The force of the ex
plosion was so terrific that It not only
brcke nearly every window vltlvn a
radius cf one half a mile, but reduced
heavy paving stones to powder, heav
ed up the pavement and ilung a lravy
piece of the iron work of the canriaije
across the canal, severing a thick
barge mast, which fell, stunning the
captain of the barge. Kverybody In the
street was knocked down and bruise 1.
When the officers of the law, heaOel
by Justice Muravieff, had terminated
E. Washington St.
4-
THE CITY
for the small sum of $800,
cheap at
REAL
ESTATE CO.
O'NEILL BLOCK
All's,
FORD HOTKL:
Kuropean and American plan.
Parties desiring bus for any part of
city call phone Main 215 or Main 73
Ford hotel .
TEMPE
the necessary formalities by drawing
up a written report of the crime, th?
mangled body of the minister of the in
terior was conveyed to a humble chap
el adjoining the railroad station, the
windows of which escaped destruction.
Priests and people, with characteristic
Uusslan piety, at once Jcinei in a sol
emn requiem. The front of the station
was filled with a reverent crowd ot
peasants and laborers and the buy
hum of traffic was silenced. A pi lest
proclaimed the memory cf the depart
ed minister, while all those In the con
gregation dropped to their knees.
No less impressuve was the service
conducted at the minister's stately
hv-nie this evening, but only intlmat?
friends were invited by de Plehve's as
sistant, Kurnovo, who is temporarily in
charge of the ministry of the interior.
The magnificent reception rooms were
draped in blade. The body of the min
ister was covered with a white shroud
whi' h concealed th-i f.tuntly mutilla
tions. It reposed In a black and silver
coffin in a ccrner of the vast hall, sur
rounded hy luxuriant palms. Gendar
merie and non-commissioned officers
stood sentinels at the head of the cof
fin, wihle nt its foot werj two high
officers of the ministry.
The hall and adjoining rooms wre
ti-'wded with distinguished personages,
iriclud'ng the diplomatic corps m full
force. ,
Minister of Justfee Muravieff went to
Peterhoff palace this afternoon to re
port the assassination of Minister de
Tlehve to the emperor. His majesty
did not leave the palace during the
day. although he had arranged to go
to Granienbaum, nineteen miles from
St. Petersburg to attend the consecra
tion of the new harbor. The czar
ina has not been informed of the tra
gedy, in viw of hourly expectation of
her accouchmeii.
ASSAULT UPON MURAVIEFF.
St. Petersburg. July 2S. As Minis
ter of Justice Muravieff was drlvingto
Peterhof palace this afternoon to re
port to Emepror Nicholas the anamin
ation of Minister of the Interior de
Plehve, stop.es were thrown at him
and his carriage windows broken. Th'
identity of the minister's assailant
has not yet been discovered.
WAR PARTY WEAKENED.
The Murderd Minister One of Its
Strongest Members.
Paris, July 2S. Tiie news of the a.
nnsslnntlon on Plehve has caused groat
regret by official as It Is regarded ua
a severe blow -to Russia and art event
of considerable international Import
ance. The Impression prevails in
well informed circles that his death
will greatly weaken the Influence of
the powerful war party favoring ,n
aggressive policy in Manchuria of
which do Plehve with Viceroy Alexieff,
Grand Duke Mikhailovitch, M. He
zobrazoff and General Wogack as sec
onds, was a most prominent member
thus possibly influencing future events
of the war in the east.
The fact that de Plehve was notor
iously autocratic and was assassinat
ed shortly after manifesting more 1!.
beral tendencies especially regarding
the Jewish question, causes much com
ment. DE PLEHVE'S SUCCESSOR.
St. Petersburg, July 25. M. Dur
now, late assistant to de Plehve, has
been appointed minister of the Interior.
WASHINGTON SYMPATHY.
Washington, July 28. -Secretary
Hay has cabled Count Lamsdorff, the
Russian minister of foreign affairs, an
expression of profound sympathy In
the loss of his colleague through t.ie
crime resulting In his death.
COTTON DAMAGED BY FIRE.
Bremer Haven, July 28. A fire start
ed today in the cotton which had been
discharged on the quay here by the
steamer Atlantlan, from New Orleans.
The flames were finally subdued, but
200 bales of cotton were damaged by
fire and water.
he
MONEY TO LOAN
LARGE riND OF EASTERN
CAPITAL TO LOAN ON GOOD
REAL ESTATE SECURITY AT
LOWEST PREVAILING RATES
APPLY TO
DWIGIIT li. HEARD
Cntr and Ada ma Strt.
THOUGHT AGAIN
Pres. Curran of Freight
Handlers Union
HE RECALLS AN ORDER
Prohibiting the Handling of Business
of the Beef Companies Another
Movement to Bring About a Settle
of the StriKe.
Chicago, July 28. All the railroads
enterin Chicago may become involved
in the butchers' strike. Lawrence J.
Curran, president of the freight hand
lers' union, today ordered all members
of the union employed by the various
railroads throughout Chicago to refuse
to handle any freight whatsoever fcr
the packing houses, where thousands cf
employes are now on a strike. If the
freight handlers live up to the order
of their president, it will be severe r.n
the packers, and "the men say expli
citly that no freight delivered by or
billed to the packing companies, wheth
er delivered at freight houses by teams
or in cars is to" be touched by the mem
bers of the union. What the railroad
officials will do has not been decide.
A meeting of the railroad manager
was held tonight to discus the situa
tion, but what action, if any was taken,
has not been made public.
Aft?r issuing his general order,
President Curran, reconsidered his ac
tion and Is now holding his order in
abeyance, pending a conference to
morrow morning with the leaders of
the allied trades unions, whose mem
bers are on strike.
President Curran's order to the men
was as follows: "At a meeting with
the business agents of the local freight
handler union today it was decKlfd
that all men under the Jurisdiction of
our organization In the varlt-u? rail
roads in Chicago be ordered not to
deliver any freight for the packers,
whether this freight is delivered at thes
freight houses by teams or in cars "
The order, whic h was rigned by Presi
dent Curran and the business agents
was posted in all railroad freight, hous
es tonight." -
At the same time that this tep wa-
taken by the freight handlers another
effort to bring about another conference
between the packers arid the strikers
was made. Henry C. Wallace, the wilt
er and lecturer on agricultural topics,
of Des Moines, Iowa, and A. L. Ames,
of Buckingham, Iowa, president of the
Corn Pelt Meat Producers' association,
are fponsors for the new mcYi-ment -r
peace. Wallace find Ames came to
Chicago today and immediately went
into conference with' the strike lead
crs. Mr. Donnelly and his es.isUnts
were tcld by Mr. Wallace of tha haid
ships the strike was imposing on the
live stock raisers, and they' were asked
if some concessions besides those; offer
ed at the last conference between th-
packers and fctrlke leader could not
be suggested in order to bring th
present conflict to an end.
Mr. Donnelly, who was made spoker
man for the ltfbor leaders, said hj
would welcome mother conference with
the employers. He also informed Mr.
Wallace that th strikers were now
willing to concede the time limit in
which the men should be relnstate-d.
At the last conerenc j with the packers,
Mr. Donnelly insisted that the men be
reinstated within ten days. The pack
ers refused to agree to this limitation,
holding to the original agreement which
allcwed forty-five, days for reinstate
ment. Mr. Wallace said tonight that
he and Ames wo i!d call on the pack
ers' representatives tovmorrow and en
deavor to bring about another confer
ence. Tonight both sides ty the dispute at
tlx stock ".!. wre claiming victory.
According to packers nearly off the
plants in Ch ;agj are running at nearly
their full cipaclty. On the other hand,
tne labor leaders declare that the rack
ing industry In Chicago is demoralized
and that the business is at a stand
still. That the statements of the labor
leaders are not altoether true U evi
denced by the fact ti.-at the packers aie
slaughtering thousands of sinimals ev
rey day. There were several -desertions
from the ranks of the strikers
today, but tKls less was partly offset
by the quitting of a number of the
strike breakers. '
(THE ANSWER WAS FINAL.
Chicago, July 28. Arthur Meeker
of the -Armour Packing company, to
day declared that answer given by the
packers at the conference with the
state board of arbitration last night
reflected in its entirety the position
of the packers.
"Our position," he said, "Is that we
had an agreement with the butcherH
organization and allied trades which
they failed to live up to. Under the
circumstances the packers do not care
to make any further agreement, with
them."
Hanging effigies was the' principal
work of the strikers, and strike sym
pathizers today. According to Presi
dent Skinner of the Union Stock Yards
and Transit company, 600 stock hand
lers became dissatU-illed with the pros
pects of the strike today and returned
to work In the yards caring for live
stock. -
TWO COMPANIES WEAKENING.
Chicago. July 28. Although the rep
resentatives of the packing companies
declare that they desire no
further agreements with their
striking employes and thu
no negotiations with them were con
templated, rumors are persistent that
two big companies Schwarzchlld and
Sulzberger and the Cudahy Packing
company are ready to make terms with
the men. The effect of the strike on
the local trade Is beginning to be felt.
STRIKRS RETURN.
Chicago, July 28. This afternoon
133 men all members of the union de
serted the strikers and returned to
work at Armour's plant. Twenty
eight are car leers and the others
skilled butchers. All were put -at work
at once. "We have the strike won
right now," de.-la.red Superintendent
Conway of the Armour company.
A DRAWING FOR HOMES
The Separation of the Rosebud Res
ervation. Chamberlain, S. D., July 28. William
McCormick of Lancaster county, Ne
braska, a veteran of the Spanish war
today drew first choice for a home
stead In the Rosebud reservation. Of
more than 10C.000 names placed In en
velopes and juggled in a barrel ar
ranged on an axis like a churn, a
government clerk drew McCoimick's
name first. Then 'j'J9 names were drawn
and recorded.
All these peisons. If they wish, may
take a claim in the reservation. To
morrow more names will be drawn ami
will be continued until all the envel
opes have been taken from the barrel
The first 2500 or 2000 will get all the
claims Unless some of these refuse to
file on their claims the remaining 103,
OuO oild persrns will not be Eligible.
Fewer than ,1,000 persons watched to
d.iys drawing.
CUTTING DOWN EXPENSES
Salaries of the VVorldV.Fair Company
Officials Ordered Seduced.
St. Louis, July 28. An order was
promulgated today, effective August
1, reducing the salaries of all employes
and officers of the world's fair com
pany for the year ending April 20, which
of $60 a month or less will be affected
by the order.
It was stated today by an official of
the exposition that 350 persons wou'd
be reduced as a result of the order.
The reduction In salaries is a prt of
a general plan by which the exposi
tion company hopes to save many
thousands of dollars. Notice of dis
missal has also been received by many
employes.
' o
WILL GUARANTEE NOTHING
Deported Colorado Miners Must Re
turn at Their Own RisK.
Cripple Creek, Colo., July 2S. Sher
iff Bell will not guarantee protection
to any person who has been driven
from this district because of his alli
ance with the Western Federation of
miners. He made this plain today
when he received a message from Pat
rick Carvel, one of the hundreds of
deported miners after the Independence
depot dynamite outrage. Carvel is now
at Colorado City and notified Sheriff
Bell that he wished to return to the
district and resume his residence
here and would do so if the authorities
would guarantee to protect him from
violence.
Sheriff Bell not only informed Carvel
that he would not protect him from
harm, but strongly advised him never
to return to the district.
o
BURNED ALL NIGHT.
Portland,. Me., July 28. A fire fh the
Twltchell-Chumplin company's plant,
that commenced last night, was not
extinguished until 7 o'clock this morn
ing. It was the most destructive
confiagaration of the year In, this city.
It is believed that the fire caught
among a lot of excelsior that had re
cently been placed in the packing
room, but no plausible reason of how
it is ignited :an be given. f
James H. Waugh, president of the
company; William R. Gray and James
P. Champlin, directors, are out of the
city. Arthur P. Champlin, treasurer
of the company, says the fire will
prove a serious setback to the con
cern. . The loss is estimated at about $100,
000, fully covered by insurance car
ried through Portland agencies.
ATTACK ON
The General Assault
Sources to Have
The Russians Concede That
Disastrous, but They Are Determined by a Renewed
Effort to Maintain Their Grip on Manchuria A Re
laxation of the Tension Between Russia and Great
Britain.
London, July 28. Special dispatches
from Shang Hal and Yokohama report
that a general attack ou Port Arthur
has begun.
A NEW CAMPAIGN.
The Russians Admit the Failure of the
Old One.
London, July 29. The Daily Mail's
New Chwang correspondent in a long
description of the battle at Ta Tche
Kiao, which mainly repeats details al
ready known says It was not until the
Japanese attacked all along their front
that the Russians retreated. The Jap--anese
artillery was Immeasurably su
perior and their shrapnel was fright
fully destructive. The Russian run
ners went down by hundreds, but their
guns were served with magnificent
bravery.
The Russian officers, the correspond
ent adds, speak in highest terms of the
bravery of their men. They say Rus
sia ha3 already lost one campaign, ow
ing to recklessness of the Czar's advis
ers, but that she must have Manchu
ria and that she is now preparing for
another campaign. ,
ON THE EVE OF VICTORY.
The Battle Turned Against the Bus
sians. Liao "S ang. July .Delayed in
transmission.) The Russian correspon
dent frcir. Ta Tche Ki.xo says it va
terribly" galling to the rink and fl'.e
after two dans hard fighting in, 'h:r h
th-y had held their positions and be
lieved themselves on ihe eva on the
great victory, to retreat. The Russians
artillery was better disposed than In
any previous fight. The positions were
selected having in view the lesson
Teamed at Vafangow. The batteriei
scientifically supported each otfior, all
of them being in a position to deliver
a most effective fire. On the last day's
fight, July 24, the Russians fired 4,016
shots and frequently smothered the
Japanese fire and caused them t:t shift
their batteries.
The supplies at Hai Cheng are run
ning low and terrlffic heat and torren
tial rains are delaying the movements.
The Japanese los3 at Ta Tche K'ao is
estimated at from four to five thous
and, resulting chiefly from thir at
tempt to take entrenched positions in
the face of heavy artillery rfie.
All is reported to be quiet on the
Russian border.
. DEPARTING RUSSIAN SHIPS.
Che Foo, July 28. Chinese refugees
who left Port Arthur thirty-six houis
ago, say three large Rus?4an warships
left that port, the names of which they
cannot give. It is impossible to con
firm his story.
DEVELOPMENTS EXPECTED.
St. Petersburg, July 28. A telegram
received from Kuropatkin today an
r.ounced that the position of the front
was not changed. It Is generally be
lieved that startling developments are
imminent.
ESCAPE OF THE KOREA.
Tokfo, July 28. The steamship Korea,
arrived here this afternacn'safe.
It Is believed that the Vladivortok
squadron is off Yokahoma today. The
steamer Korea evidently pasSed c;os.
to the Russian vessels.
U. S. UP IN ARMS.
Preparing to Inquire Why American
Shipa H-ve Been Seized.
St. Petersburg, July 28. The United
States Is preparing to take a strong
position for the protection of neutral
REPUBLICAN CAMPAIGN.
Headquarters Opened in Chicago Yes
terday. Chicago, July 28. The republican na
tional and etate headquarters were
opened today and the work of the cam
paign in Illinois was begun. Saturday
Chairman Cortelyou of the national
committee will meet the western mem
bers of the executive committee in con
ference with Chicago leaders, who will
be actve In the campaign, to discuss
the situation with particular reference
to the fight in Illinois, Indiana and
Wisconsin.
PORT ARTHUR
Reported From Two
Been Begun
the Land Campaign Has Been
snips carrying American cargoes. ThN
is indicated by the fact that the
United State3 made official Inquiry uf
Russia regarding the British stearr.fr
Ardover, seized by the volunteer IV t
vessel Smolensk in the Red sea. whlcW
had American government stores on
noard. The Ardover had already beu
released when Inquiry was made.
Today the foreign office read a com
munication from the United States
as'.cing whether the Ardover. a Ttri-
tlsh ship, chartered by an A merle 4 -i
company had been released .nd td 1-
mg that, according to information in
the possession of the United Rtntea
government, the Arabia's carjo wji
bound for Hong Kong. While the
communication did not take the form
of a protest. It is believed that units
the Arabia la released a formal pro
test will be lodged. The government
could only reply that it was complete
ly without Information, the Arubli
not yet having arrived at Vladivo
stok, where it was reported she had
reeii sent in charge of a prize crcv".
Nothing has been done In the mir
ier of the Knight Commander. Amer
ican interests in this case have l-i
confided to Great Britain, 'whos tla?
"he flew.
The Russ today prints an edit ril
on the case of Knight ComnunJer.
which It is believed to reflect the aU:
tade of the foreign office. It quotes ex
tensively from the "perils of the Work
ing of International Law," a Oerman
suindard on maritime law, to show
that there is justification for slnkli.
a prize in case the vessel is too ol 1
and too slow, when there is difficulty
in getting her to the nearest port and
where there is danger of capture.
It is understood that the Don anj
the Ural, commissioned yesterday by
Russia as second class cruisers are al
ready on their way to the Red sea to
take the place of the St. Petersburs
and the Smolensk, of the Volunteer
fleet.
Foreign Minister Lams lor T tonight
received the protest of the British gov
ernment, through Sir Charles Haid
Ir.get, the British ambassador, reg.nd
ir.g the sinking of thi Rr'!h iu-sra-er
Knight Commander. The protest de
clares the act to be coa'.rory tJ the
laws of nations and ask that instruc
tions be sent to th-2 Russian command
ers to prevent its recurrence. Court
Lamsdorff has "not. yet replied to ih.
protest, but it is believed that n? has
alread sent assurances . to the Kri
ish government through the Rus-dm
ambassador at London, Count tJenck
erdorff, that necessary steps in thLi
direction have been taken.
BRITISH PLACATED.
London, July 2S. The tension of thf
fRusso-British relations has been re
laxed and no rutpure is probable.
Upon the assurance of Count Beckcn
dorf, Russia's desire to make full ie
paration. Lord Lansdowne is not dis
posed to unduly press the matter and
give Russia time to hear the report
from the Vladivostok squadron on the
sinking of the Knight Commander.
In the house of commons this after
noon Premier Balfour sai.l the acut-?
stage of the Red sea Incidents had
parsed and that the Russian volun
teer fleet vessels would be withdrawn.
CASE OF THE CALCHAS.
London, July 2S. The owners of
the British steamer Calchas, reported
to have been captured by the Russians
in the far east have received a tele
gram from their agents at Yokohama,
eaylng: "Have no further informa
tion to report. The Calchas seizure
9 very doubtful."
MERCANTILE MARINE COMPANY.
Expenses Curtailed So . as to Make
$100,000 Yearly Saving.
New York. July 28. A representa
tive of the International MercantU-;
Marine company, (Mr. Morgan's trans
atlantic shipping combination) is au
thority for the report that under the
management of J. Bruce Ismay ex
penses have been so curtailed as to
effect a savins' of $100,000 a year and
that further economies are contem
plated. Recently the company's stoek
has appreciated in price, the preferred
being 19 and the common 44-

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