MANUFACTURES AND TRADE. 



91 



towns and cities of the Western Slates. In 

 other words, dealers agree not to buy 

 from people outside their city and their 

 State anything that can be bought (reason- 

 ably) at home. It is State protection of 

 home industry and home products. If 

 outside cities and States are real good, 

 sales will be made to them. 



THE annual meeting of the Lumber- 

 men's Insurance Company and the North- 

 western Lumbermen's Association was 

 held at Minneapolis, with 350 delegates. 

 The insurance company has a surplus of 

 $4,000. J. A. Smith, of Osage, Iowa, was 

 elected a director in place ofW. H. Robin- 

 son, of Mayville, N. D. In the lumber 

 association there are 905 great lumber 

 yards. President Tuthill (of South 

 Dakota) spoke for arbitration of claims 

 between wholesalers and retailers, and 

 urged that the reciprocity scheme between 

 large and small lumbermen be put into 

 effect. 



THE Illinois Farmers' Institute had a 

 successful meeting at Springfield. The 

 papers on agricultural topics were of a 

 character to lead farmers into lines of 

 valuable thought. The officers elected 

 were: President, F. M. Palmer, Clinton; 

 vice-president, W. E. Robinson, Green- 

 ville; secretary C. F. Mills, Springfield; 

 treasurer, T. W. Wilson, Springfield; 

 superintendent of institutes, C. F. Mills, 

 Springfield. 



GOLD held by the National banks of the 

 United States ' is $165,000,000. Of this, 

 the National banks of Illinois hold one- 

 eighth $20,000,000. New York banks 

 hold $50,000,000. 



A GENERAL convention of the Southern 

 cotton growers, held at Memphis, resolved 

 to reduce the area of cotton planting. 

 They will use the spare acreage for corn 

 and other crops. If India, Egypt, Argen- 

 tina, Polynesia, and other countries rush 

 their cotton in here, they will simply ask 

 for protection. 



A STRONG company has been organized 

 to work the Indiana oil fields and crowd 

 the Standard Oil Company out. 



APPARATUS " for running a farm by 

 electricity" is what Israel Hogeland, of 

 Chicago, insists he has invented. Instead 

 of a network of trolley, an insulated wire 

 Jong enough to reach across the fields to 



be worked is all that is required by the 

 new invention. The motor can, of course, 

 be attached to an innumerable number of 

 farming implements. 



A MEMORIAL has just been forwarded to 

 Congress by the National Live Stock Ex- 

 change asking for legislation looking to 

 reciprocal trade with foreign countries. 



THE National Dairy Union elected offi- 

 cers as follows: President, W. H. Hatch, 

 Missouri; vice-president, J. E. Keith, Illi- 

 nois; secretary, D. W. Wilson; treasurer, 

 G. W. Linn. Chicago Produce Exchange 

 Committee on legislation: W. H. Hatch, 

 Missouri; James Hewes, Maryland; H. C. 

 Adams, Wisconsin; W. K. Boardman, 

 Iowa; George M. Whittaker, Massachu- 

 setts; E. F. Webster, Ohio; J. E. Keith 

 and G. W. Linn, Illinois; W. A. Hudson, 

 St. Louis, and H. C. Christian, Wisconsin. 



OFFICERS of the Union Stock Yard and 

 Transit Company this year are as follows: 

 Nathaniel Thayer, president; John B. 

 Sherman, vice-president and general man- 

 ager; J. C. Denison, secretary and treas- 

 urer; James H. Ashby, general superin- 

 tendent; Richard Fitzgerald, superin- 

 tendent of Transit Department. 



THE demand for export sheep is not as 

 good as it was a few weeks ago when 

 prices were forty to fifty cents lower. 

 There has not been improvement enough 

 in foreign markets to warrant extensive 

 shipments at the prices. However, much 

 space has been engaged by sheepmen, and 

 they will have to fill it or sublet it to cattle 

 shippers. 



SECRETARY SMITH, like Secretary Morton, 

 opposes everything at all in the interest 

 of, or for the relief or advancement of, the 

 West. He is now fighting the Free 

 Homestead bill before the House com- 

 mittee on public lands. 



SEVERAL Chicago, Duluth, and Minne- 

 apolis vessel men and shippers have con- 

 cluded to make their through rates to 

 Europe sure and uniform, and they are 

 buying steamers for an ocean line from 

 Boston to English and German ports. 



FRANK E. WAGNER, elected secretary of 

 the National League of Commission Mer- 

 chants of the United States, is a member 

 of the commission firm of G. M. H. 

 Wagner & Sons, of South Water street, 

 Chicago. 



