The San Francisco Call. Newspaper, June 3, 1901, Page 4

he 2l Call. 8y MONDAY... . W a— ..JUNE 3, 1901 RESOLUTION. THE BANKERS Y the Califc.rmia Bankers’ Association, at the annual convention in San Jose last week, there ! was ‘adopted a series of resolutions which merit, JOHN D. $PRECKELS, Proprietor T Attrets A1 Commusications ta W. 8. LEAKE, Nanager. MANAGER’S OFFICE .Telephone Press 204 PUBLICATION OFFICE Market and Third, S. F. - Telephone Press 201. ° EDITORIAL ROOMS ..217 to 221 Stevenmson St. 3 Telephone Press 202. . Delivered by Carriers, 156 Cents Per Week. ! Single Coples, 5 Cents. Terms by Mail, Including Postage: DAILY - CALL (including Suncay), one year. DAILY CALL (including Sunday), § months DAILY -CALL (ncluding Sunday), 3 months. DAILY CALL—By Single Month, WEEKLY CALL, One Year.. All postmasters are authorized to receiv: subscriptions. = Sample coplies will be forwarded when requested. $6.01 3.00 1.50 s5c 1.00 Mafl subscribers in ordefing change of address should be particular to give both NEW AND OLD ADDRESS -in order to insure a prompt and correct compliance with their request. QAKLAND OFFICE. .1118 Broadwey C. GEORGE KROGNESS. Mazager Foreign Advertising. Marquette Buliding, Chiosgo. (Long Distance Teiephone ‘‘Central 2619.”) NEW YORK CORRESPONDENT: C. C. CARLTON....... ++sss..Herald Square : NEW. YORK -REPRESENTATIVE: s STEPHEN B. SMITH. . ..30 Trivane Buil NEW YORK NEWS STANDS: Weldorf-Astoria Hotel; A. Brentano, 31 Union Square; Murray Hill Hotel. CHICAGO NEWS STANDS: Sherman House: P. O. News Co.; Great Northern Hotel: Fremont House; Auditorium Hotel. WASHINGTON (D. C.) OFFICE...1406 G St., N. W. MORTON E. CRANE, Correspondent. BRANCH OFFICES—s27 Montgomery, corner of Clay. open unti] 9:30 o'clock. 300 Hayes, open until 9:30 o'clock, 633 McAllister, open until $:30 o'clock. 615 Larkin, open until 9:30 o'clock. 1941 Mission, open until 10 o'clock. 2261 Market, corner Sixteenth, open until § o'clock. 1096 Valencia. opeh until ® o'clock. 106 Eleventh, open until 9 c'clock. NW. corner Twenty-second and Kentucky, open until § o'clock. 2200 Fillmore. open untll § p. m. AMUSEMENTS. = Orpheum—Vaudeville. Columbia—"The Importance of Being Earnest.” Alcazar—*'For Bonnie Prince Charlie.” Grand Opera-house—"‘La Tomca.” California—"'A Colonial .Girl.”" Olympta. corner Mason and Eddy streets—Specialties. Central—""0ld_Glory. Tivoli—The Toy Maker."” Chutes, Zoo and Theater—Vaudeville every aftgrnoon and even'ng. - Fischer's—Vaudeville. Sutro Baihs—Swimming. Emeryville Racetrack—Races to-day. AUCTION SALES T(! SUBSCRIBERS LEAYING TOWN FOR THE SUMMER. © Cal! subscribers contemplating. a change of Fesidence during the summer months can have their paper forwarded by mail to their mew ®sddresses by motifying The Call Business Office. This paper will also be on sale at all summer Pesorts and is represented by a local agent im &ll towss en the coast. Twcek. The eastern part of the country com- plained of lack of warm, sunny weather, -and the Southwest and Northwest clamored for rain to revive the drying crops. All this affected the retail and job- bing distributive trade,.' and the bank reflected the unfavorable conditions by falling sharply to a gain of only 21.9 per cent over the same week last year, whereas the gain for the past two months or so has been irom two to three and even four times as much. New York recorded an especially sharp de- crease. the increase there over 1900 being only 26.9 per cent. This loss was due to the flattening out of busi- ness in Wall street. - Times are now dull there. All the steam has fizzled cut of the market and not a ves- tige of the recent boom remains. “The public, finding itself ‘milked, liquidated, swallowed its losses with a wry face, expressed thanks that the matter was no worse, and left the street. Nor can the public be induced to return, for the pregent at least. All of which is distressing to the street, and the market reports say that it is causing the professionals much perturbation. General trade conditions, however, continue prom- ising. The labor situation is reported clearing, man’y of the May strikes, which hung like a cloud over the roum‘r_v for weeks ahead, having been settled, and” more are being settled every day. The iron and steel trades are sending in good reports, most works being in full operation and new ones starting up. Prices are steady, but there is no disposition to advance quota- tions. Rails and railway cars, farming tools and struc- tural material are particularly in demand. The boot and shoe industry is quieting down. Some factories are suspending operations and shipments show a fall- THE BUSINESS SITUATION. HE weather was rather against business last ing off. Heavy rains in the East have interfered with | this line, and have also caused a decrease in the move- | ment in ‘cotton and woolen goods and clothing, though there is more activity in wools and woolens than in the other fabrics. The cotton plantations are suffering as the result of heavy receipts of raw cotton at the principal markets and a further reduction in quotations at the New England mills. The crop outlook continues good, though it is not | as promising -as 2 month or so ago. While this is the season for crop damage reports, which are set afloat every year by speculators to affect the grain markets; it is undeniable that rain is needed in séme parts of the West to insure a full yield, and that the Hessian fly is cutting down the total in other sections.” But thus far the damage has hot been, serious enough to produce any marked effect on quotations, though wheat hes been more bullish for the past day or two. - In our local market there is, little new to repo-t. Qur crop prospects are still fine. Fruit.is developing more of 2 shortage than expected, and it is now ap- parent that the estimates of damage by the unusually “severe itosts of April were not exaggerated. The whole fruit yield, with the exception of peaches, will be lighter than usual this year, and the canners-are already paying high prices for some varieties in the _country. But the outlook for grain, hay and kindred products could not be better. The grape crop will be short. It is the general expectation that prices for fruit will be much" higher this year than last, nor does " anybody look for very low prices for other products of the farm. This creates general confidence in the future, stimulates the demand for goods, expands credits, eases collections and makes good times” all around. r—————— The latest Eastern slang is to say a thing is “all skeeky” when you mean it is just what it should be; and accordingly it is quite proper to say the phrase itself isn't skeeky. e clearings | the consideration and the support of the people. They are in the nature of suggestions for legislation in the financial interests not of bankers only but of the whole business world, and as they cannot be accomplished except through the Legislature and the votes of the citizens; they should be borne in mind so that ample support will be found for them when the time comes for action. g : e first resolution refers to the approaching time when the corporate existence of a number of banks will be terminated, and points out the desirability of permitting them to renew their existénce without hav- ing to go through liquidation. The benefits accruing from such a privilegz would, of course, be shared by ciepositors and all persons doing business with the banks. It is, therefore, resolved to ask the enactment of a law by the next Legislature authorizing in some form, at the option of the parties interested, the exten-' sion of the corporate cxistence of corporations. The second resolution deals with the important problem of providing throughout the Union some- | thing like uniform laws govérning negotiable instru- .| ments. This is a reform that has long been desired by all classes of business men, and considerable progress has been made in attaining it, as many States have so revised their laws as to bring them into harmony. The resolution asks the Code Commission to make:-such amendment to our laws as will place us on an equality with other progressive States in that respect. The third and final resolution urges a resubmission to the people‘of the proposed amendment to the con- | State, county, municipal and ‘school bonds, and re- solves g - 3 | “That the California Bankers' Association take all | honorable means to instruct the voters of this State of | the benefits that may be derived by the adoption of an | from taxation State, county, municipal and school | bonds.” 5 . The legislation recommended in each.and all of the | resolutions will tend directly to the general good. It is undeniable that great inconvenience will result to a | considerable number of persons if incorporated banks | or other corporations be forced to go through liquida- | tion upon the expiraticn of the term of their articles | before they can obtain an extension. It is equally | evident that financial business will be greatly facili- | tated if our laws goveining negotiable instruments be | made uniform, with those of the great States of the | East, with which the bulk of our trade is carried on. ‘ Of the third resolution it may be said that while the | vote of the people against the amendment exeémpting | public bonds from taxation shows that it is difficult to | clear the minds of the voters from misconceptions | concerning’ the incidence of taxation, it is nevertheless ‘\\-onh while to continue the campaign of education. | California loses so much by the present law that the | repeal of it is a matter of prime importance. | An object lesson on the. subject is afforded by the | recent experience of the city of New York in selling | bonds to the amount of $5,855,000. The bonds, bear- |ing 3% per cent intcrest, brought a much smaller ‘:premium “than was expected, and the New York | Times, in cqmmenting upon the sale, said: | “Under the conditions of previous sales the bonds | sold on Tuesday should have brought 108 or 110. In expressing his disappointment the Controller said that :}at least 75 per cent of the fall in the price of city bonds was dife to laws passed by the Legislature. The laws of the session of 1901 in reference to taxation, he declared, ‘have cost the city of New York on this one bond sale alone $300,000." He specified in particular | the law imposing a tax of 1 per cent on the trust com- | panies. * * * It.appears, therefore, that while the ;city was able in January to borrow money at 2.93 per | cent interest, and on previous issues of bonds even at | stitution providing for the exemption from taxation of amendment to the constitution of our State exempting. a lower rate, it must now, by reason of the new tax | | laws, pay something over 31-3 per cent. The trust 1companies, which are among the chief buyers of city | bonds, have simply shifted the tax, or as much_of it | as they are able to shift, upon the general taxpayers.” The effect of taxing public bonds is even worse in California than in New York, for it not only lowers the value of the bonds, but it drives them out of the State into the hands of outside holders, and we thus lose the tax we put upon them and the interest we pay | upon them. Tt is, in fact, a losing business all around, and the amendment should undoubtedly be again sub- | mitted to the people and a thorough campaign of | education made to explain its purposes and its merits. s . Senator Clark of Moritana ought to transfer the scene of his remarkable abilities to control Legisla- | tures to Arizona. An annual tax of $240,000 has been -placed upon his Territorial mines, and still there is no indication that Arizona is to be removed from-the | map. = ] THE TIRELESS BOERS. FTER a’little while of seeming inactivity, and A ust when the public lost expectation of any further exciting news from the Transvaal, the | Boers have again taken the aggressive, have attacked a British stronghold at Vladfontein ‘and, according to oone‘report, have won a victory and captured six guns j almost within sight of Pretoria itself. The news is the more interesting because all reports that immediately preceded it were fo the effect that the | armies of the Boérs had beén dispersed and that the British were slowly but surely overtaking and.captur- ing the scattered guerilla bands. Thus, in a dispatch giving a ‘report of the operations during the first fif- teen days in May, Lord Kitchener notified the British War Department that 115 Boers had been killed or’ . wounded, 437 made prisoners and 341 surrendered, an average of over 50 a day. Besides this he reported, in the same period of fifteen days,‘thg cai)tu;e of 4 guns, 469,000 rounds of animunition, 600 wagons and ‘| 4300 horses. § Such reports gave justification for the belief that the Boers were being worn down and that further opera- tions by them on a large scale were not to be expected.. The movement against Vladfontein has, however, re-' vealed the fact that the Boer armies have not yet been scattered, the rank and file have not become despon- dent and the generals are as resourceful and as ener- gétic as ever. In fact, it is now feared that the recent * Cape Colony, and that the British armies, so carefully stationed to harry every section of the Transvaal, may . have to hurry away to protect the Cape. , . Some time ago the correspondent of the London | Standard wrote to his paper:_ “.Thé task which faces | Lord Kitchener is as heavy as it is possible tq con- “ceive. Unless something unforeseen occurs, such as the submission of the Boer leaders, months of weary fighting are before us. Already there is every prospect * ! of the stock reserves of the two colonies being wiped movements were intended to cover an advance into. out.” The correspondent of, the Times_confirms the opinion of his colleagtee of the Standard by saying: “At home two months ago, when I heard that 30,000 more mounted men were coming to South Africa, I fell in with the general impression that this would see the finish of the struggle in a few months. Now, after following Dewet for six weeks, the situation seems more interminable than ever. The means for desper- ate men to carry on-guerilla warfare in this country seem infinite. An organized enemy, willing to balance the issue of the struggle in battle, could not live for a fortnight against our present organization, but an enemy who refuses to stand, and who, when pressed, vanishes in a hundred small detachments into a vast desqt of prairie, presents a problem which it may take us ‘months to solve.” So there is to be a long fight as well as a hard fight before Kitchener can go home with victory to receive the rewards of a successful general. The Boers are evidently as tireless as they are patriotic, and there is ‘no sign of diminution in ‘either their courage or their endurance. A visitor in our midst who was robbed of $3000 by bunko steerers says he is puzzled to understand how the trick was turned. It is safe to wager that he does not_wish to repeat the experiment in order to satisfy his curiosity. THE MODOC LYNCHING. OR the welfare of California as well as for the Fmaingmancc of our laws, the perpetrators of the lynching outrage in Modoc County should ‘be brought to the-bar of justice to answer for the crime. Murder committed under:the name of lynch law has now Ibccome so frequent in the United States that it can be np longer palliated or excused. In the old days, when there were vast border districts where .govern- ments had not_been.organized, and when lynch-law was carried out with something of rude justice, it was tolerated as a sort of necessary evil; but those times have -long passed away and their conditions have passed with them. At the present time there is no justification whatever for such offenses, and they have now become nothing more nor less than crimes which should be punished by the severest penalties, The most portentous fact. about the evil is the fre- quency with which it is being resorted to. It is no longer confined to any particular section of the coun- try, or for the punishment of any especially abornin- able crime. It has occurred hot only in sparsely settled and backward localities, but in some of the most pop- ulous and advanced States in the Union. It has been committed for nearly all kinds of suspected offenses, and in the Modoc case it appears the victims of the mob were accused of nothing worse than petty theft. This tendency of mobs to violate the law, ignore jus- tice, trample upon every dictate of right and reason, and inflict death and not infrequently torture upon persons who are merely suspected of crime, is.an actual menace to society. Tt calls for the most earnest and vigorous efforts on the part of the authorities to stop it by drastic measures before it becomes even ‘more appalling and more menacing.than at present. So far as the facts have heen made known not the slightest excuse can be given for the Modoc lynching. The accused men were in the hands of the authorities; they were to have been tried in the county where their offenses are alleged to have been committed, and the "law provides ample punishment for any crime of which they might have been’convicted. Under such circum- stances the action of the lynchers was a far worse offense than’ anything® of. which the victims were accused or suspected, ‘ b . It is reported that public opinion in Modoc con- demns the outrage, that good citizens are shqcked, that the event is greatly deplored and-that the Iynch- ers are:beifig everywhere denopnced. * All of that is’ l-excellent in its way, but it is not enough. California has a right to expect the law abiding citizens of Modoc to cordially co-operate with the officers of the law in bringing ‘the offenders to justice. Where so many persons are engaged in a crime it is not impos- sible to identify and convict at least some of them. There is no reason, therefore, why this outrage should be permitted to pass as a “mysten’ods crime” com- mitted by “persons unknown.” Tt is in the power of the people of Modoc to vindicate the law and the good name. of California, and it is to be hoped they will promptly do so. EDISON’S STORAGE BATTERY. ONSIDERABLE interest has been awakened ‘ in the East by the recent exhibition of Edison’s . new storage battery at a meeting of the Amer- jcan Institute of Electrical Engineers. The exhibition was accompanied by a lecture by Dr. A. E. Kennelly, who is reported to have affirmed that the new battery | is a masterpiece of simplicity that will remove all ob- | jections hitherto made to the bulk and weight of such batteries when used as an independent propelling power for vehicles. It is well known that the electric storage batteries in use up to this time have been so bulky and so heavy that they are unprofitable as a motive power for any kind of machine that had to carry them. Cars run by such motors have bgen found to be costly, irregular and ‘comparatively slow, while electric automobiles, although swift, have also been subject to the same objections of weight 2nd cost. If the clajms made for the Edison battery be sustained something like a revo-’ lution in the propulsion: of vehicles and small ‘boats may be soon accomplished. RO In describing the battery exhibited at the lecture the New York Press says: . v Aa%e - “In a technical way, it can be said that the new stor- age battery is composed of iron and nickel-oxide plates in a solution of potash. Both the positive and negative po];s are formed of comparatively thin steel. The active material is made of rectangular cakes, the positive composed of a finely divided compound of iron v}'lith an almost equal amount of thin flakes of graphite; the negative - of finely divided nickel and graphite flakés, also pressed into-cakes. It is said that the new.storage .cell already is in use on autos being run for demonstration and positively-is faultless. It is impervious to weather conditions and can be charged, r_echarged and overcharged with elec- tricity without detriment.” b ? Despite, the. claims made for 'it, the.invention has not received the unqualified indorsement of engineers. Some of Dr. Kennelly’s auditors were unwilling to concede that the battery will not deteriorate, and they cited instances of other batteries that worked well ‘for a while, but after a time, for ore feason or another, broke down." There is, therefore, a natural disinclina- tion to accept the new ‘battery until it has proven its worth by more severe tests than can’be given it in a workshop or a lecture room. ¥ Sk b e e ] It 160ks as if Europe owes us so much on the bal- ance of trade that she cannot pay it and we shall have to send over about half a million tourists to take it out iin ‘board:and Juxuriesi. Lo DL ' THE SAN°FRANCISCO /' CALL, MONDAY, JUNE:3, 1901. 7 \PAPERS ON CURRENT TOPICS. IP»REPARED BY EXPERTS AND SPECIALISTS FOR |-+ . THE SaN Francisco CALL. Sixteenth A rticle of the Series on “The Op- portunity and the Man,” Dealing With By R. L. The most influential man in the moun- tains of Eastern Kentucky is Floyd Day, lumber dealer and merchant. Forty-six vears of age, in ‘the quarter of a ‘century that has elapsed since he begap business for himself, on a borrowed capital uf $30, he has accumulated a large fortune. | Thousands of families are dependent on him for a living; he owns vutright be- tween 10,000 and 15000 acres of timber land in the mountains and his men oper- ate over tracts aggregating beiween i0,- 000 and 50,000 acres. A thousand men are busy in his log camps, 500 more find regn- lar ‘employment in his mills. The scope ! of hig business reaches through a dozen counties; his logs come from che heud- waters of the Kentucky Riter and tre vel to Jackscn, or 200 miles farther down, following the windings of the stream to Beattyville. He owns a dozen Stores | scattered in all parts. of the mountain dis- 1‘ trict and a large whoiseale housc at Jac | son. His mills working at full capacity the year round could cut almosi 006,00, 000 feet of lumber. The Kentucky and the Red River and the Lexington and Ea-tern Railréad cars, deliver to him 130,000 o 1000 logs a year, representing betwecn 26 000,000" and” 50,000,000 feet of lumber. He sends to the great railroads of the coun- try between 250,000 and 300,000 ties annual- { ly. His stave mills produce 1,500,000 siaves each year. It would take a traln of from 200 to 350 cars to haul to market the lan- bark that is stripped by his men each vear. ' The business of Mr, Day ani his part- ner, James Swan of New York, is incor- porated under the name of the Clay City Lumber and Stave Company. Under the control of-this campany are ihe mills at Clay City, Beattyville and Natural Bridge. At Jackson, the terminus of the | Lexington and Eastern Railway, a.e lo- | cated the mills uhder control of the Day | Bros. Lumber Company and at Toirent are the portable'mills of Day & Congle- ton. All these mills are along the line of the LexXington and Eastern Railway, which with Lexington as a terminus per- etrates a hundred miles into the moun- tain region of Southern Kentucky. Dealing With the Mountaineers. Floyd Day, the brain and nerve force of | these great 'business interests, is one of the most kindly, retiring, unobtrusive men in the district in which he lives. Nearly | six feet in height, with brown eyes and hair, a nose rather long aund thin, droop- | ing brown mustache and a complexion al- most as brown, deliberate in movement and in speaking, modest almost to a fault, }he would never be picked out in a crowd | as one capable of directing such an ex- tensive business. His success has taken away none of his kindly Jis Mr. Day has been properly “the father the mountain ! ple, | is’ employes his personal attention. of peo- ' in the sense that he gives eucnnr:f The impie people .of the more remote dis- ricts see him ‘during his annual rounds, | tell him_their difficulties and follow his { advice. Business in the niountains has to {be conducted on a paternal basis:that would cause astonishment in the large cities, Every year Mr. Day sets aside a | certain sum for the profit and loss ac- ! count, which represents the amount that i he will practically give to-hundreds of i men through the counties of the district ! in which he operates his mills. Families | of the improvident mountaineers almecst | starve during the winter. Then the fatker | of six or seven or even eight. or niac or | ten children comes to one of the Day stores in his neighborhood and gets pro- | visions on the promise of logs to be cut, ! of crossties to be delivered at the store as | soan as the weather will permit of work. | But the prémise is more often forgotten i than kept and there is never a rebuke for | the storekeeper when Mr. Day appears on | his rounds of annual inspection. “You did right; it won't do to let them suffer,” is ( his most frequent comment. ¥ i His First Business Venture. Mr. Day was born on Frozen Creek, in Breathitt County, December 18, 1854, being | one of a family of nine, five brothers and four sisters. ~Willlam Day, his father, was one of the most prosperous men of | the section. He owned large holdings of | farming and timber lands and engaged to | a considerable extent in the logging busi- | ness. His home was a favorite stopping | place for travelers, who then travetsed | the country on horseback, and the big frame house was therefore the center of | news from the outer world. Floyd re- ceived the common school education of the county’ and nothing more. When about 20 years of age he began work for himself. «His father's logging bu ! e:s, however, soon needed his heip, and he was made superintendent of it, serving three vears in that capacity. During ‘t!lis time he made his first. business venture. Borrowing $i0 to make a first payment, | he bought between 300,000 and 400,000 feet of poplar trees. He had the use of his father's. teams and wagons and also the paternal indulgence to the extent of credit at his grocery near the home on Frozen Creek. This was necessary, as almost in- variably the logmen take their pay-in trade at the store. e established a camp | and went to work with a will. The logs, | were cut and sawed into proper lensths ana rolled into the river., according to contract. They sold for about $1500, leav- ing a profit of $500 in the hands of the young man. Goods for Mountain Men, Shortly after this time he moved to Ha- zel Green, a small town in Wolfe County, where his eldest brother, J. Y. Day, con- ducted a grocery. For three vears the younger brother worked as a clerk: Then he bought a grocery of hiswown for $5000. He paig his entire savings, $1000 in cash, and gave a mortgage on the business for the rest. The father in the meantime divided a rtion of his land among his ‘sons. loyd’s share amounted to $3500 when sold, and with .this and his earnings all debt was remeved from his business. After four years the two brothers consolidated their “stores and remained together for ten vears. At that time the -Kentucky Union ilroad, now known as the Lex- frgton and Eastern, had not been built, PERSONAL MENTION. F. C. Lusk, an attorney of Chico, is at the Palace. Mrs. F. H. Hanson of Boston is staying at the California. Mre. ‘James H. McLeod of Santa is a guest at the Grand. V. 8. McClatchy of Bee is at the California. Mre. H. G. Alexander of Honolulu is & late arrival at the Occidental. - ° L. K. Carmichael, a- merchant of Santa Rosa, is registered at the Lick. 8 J. F. Dickinson and Mrs. Dickinson of Atlanta, Ga., are at the Palace: Mrs. Willlam Hammond of Livermore is one of ‘the guests at the Occidental. Baron L. Ambrosy, who is connected with the Swedish legation at Washing- ton, D. C., is at the Palace. & W. 1. Berry and W. G. Scott of Selina, engaged in the oil business in’ Fresno County, are located at the Lick. ———— Fosa the Sacramento - Subbubs (in great glee)—Shout with joy. M g\fl‘a%b'\;.l‘-e—ll g8 you're going E ul M e've had new cooks crazy, nren'tk_‘)l'g:? P uberYes. I know; but-this one had her pocket picked on ‘the train coming out and lost both +her purse and réturn ticket.—Brooklyn Life. 5 CORONADU TENT CITY. Coronado Beach. Cal.. will be the pormlar summer resort this season. It became famous last year for com- | tort; entertainment and- health. Its splendid cate was a wonder, the fishing ‘unexceiled. an’ Influe_n’gial Kentuckian: MecCilure. COPYRIGHT, 1901. XVI—FLOYD DAY, and Hazel Green was a central location for the mountain trade. Under the new management branch stores were estab- lished. The business prospered and had it not been for the construction of the rail- road the partnership might have conmtin- ued unti! this day. Floyd Day, however, saw that Hazel Green's prestige .as an important business center of the moun- tains would pass as soon as the construc- tion of the railroad was completed, and that Jackson would become the business center for the mountain country. Mov- ing to Jackson, he established a store for general merchandise. This parent store now has many branches through the mountains. The Jackson stere does a large jobbing busi- ness as_well as attending to its retall trade. Mr. Day has another large store “lay City, but the others are smaller, | ing stocks valued at from 32000 to $5000 each. They are at small stations along the line of the railroad® and at points through the mountains. The connection | between the lumber business and the busi ness of running a number of stores carry- ing a lire of general merchandise can be surmised when the crossties, staves, tan- bark and logs piled aropnd them are seen. The Iumber dealer becomes a merchant and makes a profit in both ways. Very little money is used in the transaction of business. The mountaineer cuts his trees, hews out his crossties and splits his staves from the wood not fit for ties, strips his tanbark and brings them by wagon to the general store of the neigh- borhood. He rarely carries away any money with him. When he returns home he carries sugar, coffee, lard, bacon, calico fbor dresses for his girls and jeans for his 0¥S. Merchandisé and Lumber. In. speaking of this trade recently Mr. Day said: “Of course, it is necessary to have a man in charge whe thoroughly understands his business. JIn the case of the larger stores there are two men; one attends tc the portion of the business which reiates to lumber 2nd the other to the merchandise. department. In-aMl of these stores 1 require four accounts agalnst the name of each man. These are under the heads of sawed lumber, crcss- ties, staves and tanbark. It is necessarily an additional burden in keeping the | books, but it systematizes the business to such an extent that I can tell which of these departments is paying best and whether it is worth while to maintain all branches of the trade or whether I shall let drop any department.” The Clay City lumber yards are the | largest in the South, The little town of | the name is aoout forty miles from Lex- ington, on Red River. This is the largest plant of the Day & Swan interests and about 150 hands are empioyed. There are large planing milis as well as stave works. and there has been as much as 10,000,000 feet of lumber stored in the yards at one time. Poplar Jumber is the specialty of the frm, but 'arge quantities of oak are sawed as well. The sawmills at the place have a capacity of about 8,000 feet a day. The yards‘havs a private electric plant, which also furnishes the town with light, and the large store supplies the wants of the employes. Day & Swan have mills at Beattyville and Natural Bridze as well, the former running about feet, the latter about 30.900 feet a day are the mil Company, h a capacity of 40,000 feet, and_at Torrent are the interests of Day & Congieton. Here are three portable mills, working now on Walker's Creek. The capacity of the three mills is 30,000 feet a day. Roads for Hauling Logs. At Natural Eridge the narrow gauge roads and at Torrent what are called “tram roads” can be seen in operation. Mr. Day owns about ten or twelve miles of narrow gauge road and about .twenty miles of tram road. It is by this means that logs are taken to the mills and to the railroad stations at points where there are no faciliti for sawing. These roads are invariably built in creek beds. The narrow gauge roads are the more durable, having light weight steel rails and light ties. Small steam engines operate on thera and pull from six to eight cars of iogs at a time. The tram roads are built with small saplings for rails and larger ones for tles. On these roads ules draw the cars of logs, bringing between 1000 and 1800 feet at a load. In the mountains of Kentucky timber is necessarily. cut accordirg to the creeks. These small streams flow down every ra- vine.” Up the ravine the tram road or the narrow gauge road is laid. The timber in the ravine is first cut. and then the trees from - the cliffis on either side. Floating Logs to the Mill. Wheére the creeks are large and a consid- erfible amount of water is available the tram-road method is not resorted to. The roads cost from $300 to $400 a mile in their construction and have to be abandoned as socn as the timber -of the small district has been cut away. When possible the creeks are dammed in rough but effegtive, fashion and wide sluice-gates are con- structed of timber sawed by hand on the banks of the stream. Logs are rolled into the stream and the dam remains closed until several thousand jogs have. collect- ed. The water meantime has backed up into a small lake, and when the gates are raised the logs are carvied several miles down stream, where another dam again serves to collect them and supply water to send them forward. The rivers near the headwaters are treated in the same fashion. At Clay City, Beattyvilfe and Jackson, the first being on the Red River and the other two on the north fork of the Ken- At Jackson cf the Day Bros." Lumber tu River, booms of logs are run along the shore for the purpose of catching the timber floated down stream with the freshets in the spring and fall. At Jack- son and Beattyville,60,000 to 70,000 logs are floated down and caught in the booms each year, while at ay City between 40,000 and 50,000 logs are caught. Mr. Day and hig family reside in a pret- ty home in Jackson. Mr. Day‘gives this advice to young men starting in business: “They should rémember two things—first, to look after their health: and, second, not to think any detail of business too trivial to merit their personal attention.” 2 .H+—H4+H‘H‘H+PH—{—H—H-H+PP+PPH-H—PH~H—PH-!—+H—!—PH. A CHANCE TO SMILE. Yeast—What -ic_a poetical genius? Crimsonbeak—Why, he's a fellow who gets $30 for wnat he ought to get thirty "days for.—Yonkers Statesman. "Misu Richman—He is the ‘light of my e, pa. 5 Mr. Richman—Well, perhaps he is. notice that he saves gas bills.—Judge. b “‘Here. son, you've stu What's this word, hete'on ‘m‘i‘:‘.’.u.f-" e ! Do they think I Plain Dealer. . hoseg “Pa,” said Miss Slangay, “you’ ;:;rtm:lgng of d‘ssins‘\?ny so%%“l!:’-g‘s;:g “Loaf sugar?’ exclaimed pa. “What earth do you mean by—" ¥ e P»;‘Vzcation money, pa."” — Philadelphia "ess. - shipwreck)—Mr. Smith, I really a pear scared when we thought all woul hgnlx?“émufn-— ok h\w %o to the:;rm ll: t‘nhm years you appeared most reluctant accept the portunity.—Harper’s Bazar. g L “Now, boys.” said the Sund: hoo leache;‘-, "surre‘le}:!lm'x'xetgne of yo;'ca‘xcx tel} me who carm off ‘the gates of Gaza. Speak up, William” < oo O never touched.’em,” Clergyman_ (after bdnx’dreteued from d radt Willlam, with a :u-#:?e::h:l mtg-‘f; in his vouthful voice. “I don’t see why S)lgl flll:;a{ul lhu;:dwhen things get car- ed of at I've| somef it!""—St. Louis Star. il g WORLD’S;NAYAL NEWS. Estimates of? built battlesh: largely ex the Goliath-§ Two battleships n &epubl!c and La: Patrie are about to be built in France. They are to have a speed of eighteen knots and to carry batt o P 12- inch, eight 64-inca and twenty-elght smaller guns. c of the recently land have been excess on the $130,000 and - The new 9.2-inch gun made at Elswick has a record.of firing five shots In one minute. This, of course, iS not to be ac- cepted as its capability on board ship. but one round peér minute will be quite sdtis- factory if attained in actual practice at sea. ’ PR . The Reina Mercedes, which was sunk in Santlago harbor July. 4, 1598, and after- ward raised and towed to the United States, is to be ext:nsively repaired and fitted with new machinery to become a training ship. In view of the fact that our navy has several cruisers which the advances of recent years have made nex: to obsolete, it appears not to be econom- ical nor wise to expend half a millien dol- lars on a vessel built fourteen years ago. o e wi & The Belleville bailer, originally intendel for seven ships in course of construction for the British navy, will be displaced by some other type less objectionable. The battleship Queen is to have large Yarrow boilers, and a sister ship, the Prince of ‘Wales, will- be fitted with Babcock and Wileox bollers. The Encounter, a second- class cruiser, is to have' the Durr-Thorn- eycroft boilers, and a sloop named Merlia will be fitted with Niclausse boilers. L) . * s . Sixteen ironclad vessels have been struck off the active mavy list of Great Britain durjng the past fiscal year, name- 1y: Achilles, Aginceurt, Audacious, Black Prince, Belleisle, Invincible, Tron Duke, Hydra, Minotaur, Nelson, Northampton. Neptune, Northumberiand, Swiftsure, Tri- umph and Warrior. There still remain | eighteen ironclads built from . thirty 1o twenty years ago, the utility of whici has ceased long ago, but are still retained on the active list. as a part of theif bat- terles consist of breech-loading guns. while the sixteen vessels retired were armed solely with muzzle-loaders. A Prince Adalbert, son of Emperor W lam, whe recently joined the navy, has received his first lessen in naval disci pline. The youngster had a terrier as a constant companion and the dog followed its master on board the tralning ship. Th- captain objected to the dog’s presence as contrary to the regulations, but the young Prince demurred against being subjected to a strict interpretation of navy law m his case, which, he contended, might ap- ply to other ordinary officers, but not (o a Prince. The capu wrote to the Em-. peror, who in turn notified his sailor son to submit to navy regulations, and the dog was sent ashoi z The engineer corps in the British navy is becoming restless under existing dis- criminations and failure of the Admiralty to properly recognize the value of the en- gineer branch. Ity grievances and de- mands are briefly as follows: The engine room complement to be classed as a military branch. The’ senior engineer officer should have minor diseiplinary powers under the captain in the enzine department. 3 To have the right to sit on courts-martial and to have all the privileges of the military branch, save command. To have an engineering representative in the Admiralty, and finally an increase in force, pay and rank. The range of the i6-inch breech-loadinz rifle made at Vatervliiet gun foundry has been figured out at velocities varying from 2000 to 2600 feet per second, as fol- lows: i At A2 At At At 2400 feet, At 2500 feet, At 2000 feet. muzzle velocity. The projectile weighs 237 pounds, and no_armor protection carried by any war- ship would prevent the sinking of the ship if hit at a range of ten to fifteen miles. The gun is the largest yet built for coast deféense and is not likely to be dupli- cated either in this country or abroad. muzzle velocity. . muzzle velocity . muzzle velocity. ANSWERS TO CORRESPONDENTS. NO PREMIUM—C. G. P., Traver, Cal. A five-dollar piece of 1336 does not command a premfum. bia THE RIO-C. F. B., Sacramento, Cal. No effort was being made in the laiter part of May to locate the wreck of *he Rio Janeiro. . s THE ARAGO—S., City. The steel steam- er Arago was launched from the Union Iron Works in 188. TELESCOPE-E., City. The®dlameter of the lens intended for the recent Paris exposition was forty-eight inches. COOPER'S CASE—J. L. 8., Grub Gulch. Cal. The case of Sir Harry Westwood Cooper'for forgery is pending in the Supe- rior Court of San Francisco. THE EDWARD EVERETT-8., Oak- land, Cal. There is no record in this cit of what became of the old ship Edward Everett that reached San Francisco in the early days. CHECKERS—A. S., Marysville, Cal The “American Hoyle,” “Bohn's ‘Hand- ook of Games” and “Draughts or Check- ers,”™ by Henry Spayth, author and player, treat on checkers. HIERONYMUS—R. H. R., Reclamation, Cal. This correspendent is anxious to know what the old game of “hieronymus’ was. This department would be obliged to any reader who can explain what the game was. SIPHOID—G. T., City. A siphoid is a wvase or apparatus for receiving and fi:in‘ out gaseous water. A soda water botile ; be techmically held to be a siphoid, as in the filling it receives gaseous water and when it is opened it gives it ouf. RECORDS DESTROYED-S, City. To ascertain what became of the whaler Anna, that came to San Franeisco in 1851 and sprung a leak while entering thé, Har- bor, you will have to search the files of the Alta, day by day, as the records of that year were destroyed by the firs that swept away the Custom-house. SHELL POLISHING=C. F. B., Sacra- mento, Cal. To polish abalone or other sea shell the surface is cleaned with a rag dipped in hydrochloric acid and rubbed until the outer dull covering is remgved. Then it is washed in warm water, driéd in sawdust, made hot. and polished with a chamois. If the shell is destitute of 2 natural polish it is rubbed with o mixture of tripoli and turpentine applled by means of a piece of wash leather; then it is pol- ished with fine trivoll, wiped free from dust, rubbed with olive oil, and polished hand: be.pro- h a chamols. T s shoul L T shenes Choice candles, Townsend's, Palace Hotel* ———— e Cal. glace fruit 50c per Ib at Townsend's.® —_———— Special Information supplied dally to B oping Busean chllg > Mont g B M B T Somery sibeot. Telphone Mat i O