The Brooklyn Citizen from Brooklyn, New York • 3

NewYork Life Insurance Company' JOHN A. McCALL, President, Nqs. 346 348 BROADWAY. The Oldest and Largest International insurance Company in the World. A Mutual Company, WITHOUT CAPITAL STOCK, Having a Membership of FOUR HUNDRED THOUSAND POLICY-HOLDERS, Who ARE the Company, who OWN the Company, and who ALONE receive the PROFITS of the Company.

This Company, HAVING CLOSED ITS BOOKS TO-DAY for the year 1899, announces that during the year it has ISSUED, and RECEIVED the premiums on, ONE HUNDRED THOUSAND NEW POLICIES, AGGREGATING One Hundred and Two Million Dollars Ki- THAT ITS Outstanding INSURANCE, PAID FOR, has been increased during the year by over One Hundred and Sixteen Million Dollars; THAT ITS Total Outstanding INSURANCE, PREMIUMS PAID, exceeds One Billion and Sixty Million Dollars. New York, December 30, 1899. chas. c. whitney, Secretary.

221 in the United States against 252 last give to South Brostlyn and the outlying wards all the befit of the rapid transit system which it is proposed to build in Manhattan. NEW BRIDGES STILL HELD UP. FEW FAILURES THIS YEAH. HENRY HAMM CLUB. Slump in Copper Stocks in Boston Added to Aggregate.

A Successful Smoker and Entertainment Last Night. The Henry Hamra Democratic Club held a smoker and stag Inst night, at the clubhouse, No. 50 Tompkins avenue, that was a success in every way. The crowd was a large one and many well-known Democrats One Over Newtown Creek at Grand Street, However, Can Go. Ahead.

SYMPATHY FOR THE BOERS. year and 25 in Canada against 22 last yeah-The holiday trade was exceptionally good throughout Canada, but many sections report the usual quiet at this season in whole, sale business. St. John reports quiet trade with general stock taking. The year's business has been good, and advance in prices in most lines gave better margins, and bad debt losses are small, with prospects encouraging for the coming year.

Halifax reports business the best in many years, with collections satisfactory, and failures few, while the outlook for the winter is most encouraging. Quebec has had a brisk holiday trade, but wholesale circles are quiet, although remittances are coming in well. At Montreal wholesale trade is of the usual holidsy character, but Christmas retail trade has been excellent Money is firm' at 7 per cent, but easier rates are expected after the new year. Toronto reports wholesale trade quiet, but profits in excess of former years. Trade conditions are unchanged at Winnipeg, and collections continue rather alow.

Victoria reportg wholesale trade only fair, but retail business during the holiday season was exceptionally good. per for even in the holidays traffic is enormous, and in spite of a small wheat movement, oastbound tonnage this month from Chicago is per cent, larger than in 1S92. Payments through clearing houses also show a volume of business never equalled, exceeding last year's by 13.5 per and 1892 by 45.5 per cent. Wheat and cotton speculation has taken a holiday, prices scarcely varying, and the movement of both is surprisingly small. Atlantic exports of wheat, flour included, have in four weeks been only 8,278.618 bushels, against 19,874,587 last year, and Pacific exports 3.314.271.

against 3.858,-808. The corn exports continue about as large as last year, but cotton exports this month have been less than halt last year's with some decrease in takings of spinners. Accumulated stocks in mills and markets both here and abroad are so large that there is no haste to pay the prices asked. The industries are closing the most extraordinary year of their history. Long established branches have undergone a veritable reconstruction, vastly increasing their capacity, hile new industries which scarcely existed a year or two ngo have enlisted a vast capital, altered modes of business and of production in almost every direction, DUN'S REVIEW OF THE WEEK.

Whereas, American republican Government has been interpreted by President Washington and President Monroe to the effect that it is the duty of the American commonwealth to avoid foreign complications, to prohibit European governments from any invasion of territory in the Western Hemisphere, and to maintain the sacred pre-eminence of republican institutions, ami. Whereas, The Federnl Government of the United States, in violation of its expressed guarantee that it would wage the late Spanish-American war in the sacred cause of liberty and for no ulterior motive of territorial aggruudizement is. at the present moment engaged in tyrannical war against the people of the Philippine Inlands, attempting to suppress their inalienable rights as freemen and to trample upon the liberties and immunities of a race which deserves to be free because it has dared to die; now, therefore, he it Resolved, That the Municipal Assembly of the city of New York declares its profound sympathy with the Filipinos in their gallant struggle for independence and protest with all earnestness in thc name of humanity itself against the continuation of a war in the Philippines which was commenced for partisan purposes and has since lioen conducted in violation of the teachings and spirit of American democracy. The measure was adopted while Councilman Brice was absent from thc chamber. His attention was called to the situation when he returned by the protests of members who were indignant that they had not been given an opportunity to be recorded against the resolution.

Gaining the attention of the presiding officer, Mr. Brice said: "I regret that at this time, and especially on this day (yesterday was Mr. Brice's birthday anniversary) I am compelled to of this borough were present. The whole building was utilized for the occasion. The parlor floor was prettily decorated with holly Charles Meyer began the entertainment with a clog dance and acting as a Dutch comedian, a role which he fulfilled to the letter.

Tom Sweetman, a sleight-of-hand performer, was very funny with his tricks. Sweetman had the platform for a half hour and be kept the spectators in continuous Inughter throughout. Tom Foley was the star of the evening as a comedian. His jokes were all up to date The General Business Thoroughly Safe and Prosperona Speculative Troubles Have Come Because It Is No Longer Possible to Carry Stocks on Borrowed Money, Which Is Needed for Commercial and he was exceptionally funny. Barney McGuirc received much applause for the (From rnn' Rvtfw.) Irish songs he rendered.

Marty Walsh, of WILL DEFY EARTHQUAKES. Grand Street Bridge can now go ahead, although the Vernon Avenue Bridge is killed. Alderman James' resolution requesting that the Board of Estimate provide funds to the amount of 1,900.000, which the Controller has stated will be the cost of the proposed tunnels to Queens from Manhattan, and that this work be undertaken, the contract to be awarded any responsible company, Individual or corporation, was referred. The resolution providing for the decoration of the City Hall and a celebration with a brass bnnd on New Year's day was re-adopted, by a vote of 150 to 1, Alderman Sherman voting in the negative. Ordinances were adopted for the laying of water mains in this borough in Seventy-second street, from Third to Sixth avenues; Seventy-third street, from Fourth to Sixth avenues; Ninety-third street, from Second to Third avenues, and in Hambuig avenue, from Halsey street to Eldert street, to be paid for from bond issues.

the Queen of Chinatown Company, graced the affair with his presence, nnd incidentally rendered several songs. Clay pipes nnd tobacco were plentiful, while in the lower basement, Jerry Meyer, a humorous fellow, was busily engaged in dealing out clam chowder, and beverages of various kinds. The club at present has 300 members, most of whom were present last night. Henry Hnmm, thc standard bearer, was on hand seeing that every one was having a good time. The affair kept up till late differ with my fellow-members, who are Japanese Crown Prlnee to Build a Strong Palace.

The Crown Prince of Japan, now that he has entered upon-matrimony, is to hav built for him a royal palace in which he may got up an establishment commensurate with his imperial dignity, says the Philadelphia. "Inquirer." Tokuma Karayama, of Tokio, an architect has been in this country three months to secure plans and specifications and to place a contract for structural steel. Japan's crust is liable always to be broken by earthquakes. Probably this liability has prevented a great national school of architecture from devel-oninz. although in other branch nf rts and improved conditions for the future almost beyond calculation.

Electrical developments in light, beat nnd power, in making cataracts work, performing wonders in production of materials, and providing transportation all over the land, deserve especial attention. For such reconstruction, the increase in demand for iron and steel products is the great feature of the year. With 415,733 tons unsold and 243,516 produced weekly Jan. 1, hindered by severe weather so that the output March 1 dropped 15.000 tons, but expanding in every month afterwards, the industry is now producing about 300,000 tons weekly, and unsold stocks are reduced to 122,923 tons, and yet orders unfilled will require six to nine months work from most of the establishments. Prices have not changed the past week, though demand for some piwiucts improved a little.

The average of prices closes 119.5 per cent, higher than Jan. 1 for pig and 102.8 per cent higher for products. Industries which depend on Individual consumption, have gained less, though more than population. Consumption of cotton hag been larger than ever, with an average advance of 29.5 per cent, in prices of goods, though cotton was for a time 32 per cent, and is now 29 per cent, higher than Jan. 1.

Wool has been raised by speculation 35 per cent, but has been very largely consumed, with great demand for goods, which have advanced but 17 per cent. Stocks now held are said to be pounds Of boots and shoes the East has shipped No correct report of failures in 189 can be made until the year has closed. A collapse of speculation in copper stocks has swelled the aggregate at Boston alone over $18,000,000 within a few Jays, and might yet add to the record. The failures thus far reported are fewer in number than in any year since lS. and smaller in amount of commercial liabilities than in any year since ISM.

The aggregate of defaulted liabilities is but nearly two-thirds of the banking liabilities were added within a few days, the aggregate reaching about $30,900,000. The commercial liabilities have been about $80,260,000. though exact returns for "a few recent failures are not yet obtainable. In no other years except 1SS1 with defaulted liabilities of and 1880 with $65,752,000, have failures been as small since the agency commenced quarterly returns in 1875. The average of liabilities per failure is loss than $9,500.

the smallest in any year of the twenty-five, a gratifying evidence that commercial liabilities are further removed than usual from the point of danger. The week has been exciting only at Boston, where the failures growing out of speculation and the efforts to re-establish banks and firms suspened have not given the week a holiday character. Yet general business is thoroughly safe tU'd pros)erous, and no important firms have failed save some which were individually connected with concerns involved by speculation. It is also claimed, as often happens when speculative misfortune conies, that the default this morning. The annual hall of the association will hie held on Feb.

At the last election of officers the following gentlemen were successful: President, John P. Fitzpatrick: vice-president Louis Herschell; recording secretary, Joseph Mayere; financial secretary, James I Campbell; corresponding secretary, Henry Lang; treasurer. Lonis Hamm; sergeant-at-arms, Fred Fortwengler. Japanese genius has done so much. Any- now, me eannquaae is rne nrst architectural problem in Janan.

Structural steel is to be pitted against branches the Municipal- Assembly transacted gome business at yesterday's meeting. When adjournment wag taken it was until this morning when the first Mu-ricipel Assembly of Greater New York will give way to the new one that comeg in with the New Year. AH business not disposed at the session this morning will have to be reintroduced in both the Board of Alderman and in the Council, ng the Corporation Counsel has decided that both bodies form component parts of the Municipal Assembly. The Board of Aldermen, transacted more business than in any previous meeting. On motion of Alderman Wafer the Board laid over the ordinance for the authorization of the contract to build the tower foundations for the proposed Brooklyn-Manhattan bridge, until this morning.

Another effort, it was promised, would be made to have this and the ordinance for the Qucena-Manbat-tan bridge adopted. A veto was received from the Mayor of the resolution requesting an additional appropriation to enable the New York Free Circulating Library to keep open on Sundays. The Mayor gave as hit reason that the appropriation allowed this library was all the same rate as that made to the other libraries In the city. The ordinance authorizing the bond Issue of $100,000 for the new patent covered dump proposed by Street Cleaning Commissioner McCartney, to be contracted for without public letting was lost and made a special order for this morning. The resolution requesting the Board of Estimate to make an appropriation for the maintenance of the Dewey arch at Twenty-fourth street and Fifth avenue, for one year which was adopted some time ago by the Council, was referred to the Committee on Bridges and Tunnels for report this morning.

paving and grading resolutions were adopted. The $476,000 bond issue for the police station house sites was lost, and made special order for to-day. Alderman Yelton was unsuccessful In Jill efforts to have the committee's report amended so as to provide a new house for the Sixty-third (8tagg street) precinct-There was scarcity of members at this stage of the proceedings, and Alderman Byrne suggested that the President send Into the Council or over to the Rathskeller for the absent members. To everybody's astonishment the' Bridge and Tunnel Committee reported out the Newtown Creek Grand Street Bridge ordinances, authorizing the $200,000 bond issue and the contract for the work. These ordinances were recommitted a few days ago, and the Chairman.

of the committee gave out that they were killed. Both measures were idoptedi and the work on ths new eartbquare vibrations. Edward Shankland and Ralnh Shankland. nf Phlc drawn np the plans and specifications for Hotel Arrivals. structural steel, ana lyarayama Is now in New York considering bids from rnitm nt steel In order to place the contract.

Some 3,000 tons of steel are required, at an approximate cost of $175,000. The palace will be built of Japanese granite, but within each stone pier, raised to support the walls and the roofs, will be all my friends. Some time ago a resolution was adopted by this body expressing sympathy with the rebels and insurgents in the Philippine Islands. Unfortunately, I was not present when this resolution was offered, so that I could not protest against its adoption. "I could never come back to this room again if I didn't say something now.

I am going to move a reconsideration of this vote. I had a brother in the Philippines, and I myself did all I could during thc campaign in Cuba. Only last week a man was brought back to Manila dead one of the bravest, most fearless and courageous of our officers. week we passed resolutions of sympathyfor his family, and now we have passed resolutions praising those who killed him." At this point eyes filled with tears, his voice was broken by emotion, and he was compelled for a moment to pause to recover. Then he added: "I move a reconsideration of the vote by which this resolution was adopted, and I trust I will never have to refer to the subject again." The motion was nnnnitnonsly adopted, and another by Mr.

Hylaud, to place the resolution on file, thereby killing It, was also carried. The Council also approved the $305,000 bond issne for the completion of the Speedway. Other bonds authorized were $100-000 for plant for the Street-cleaning Department and $21,000 to pay expenses of the Building Code Commission. The resolution requesting the Board of Estimate to appropriate $50,000 to pay the expense of preparing plans for the proposed tunnel from the Battery to South Brooklyn was adopted at yesterday's meeting of the Council. All that is now required is the Mayor's signature to enable the first steps to be taken for the construction concealed a steel core.

The eteel of the walls will be knit together by the floors of the stories and will be fainnl of tl, COUNCIL MEETING. Sympathy for the Boers, lint None for the The Council meeting was made especially interesting yesterday by the adoption of the resolution expressing sympathy with the Boers, which was turned down at a recent meeting by President Guggenheimer, who ruled that it bad no business in the transactions of the Council. Yesterday, however, Vice-President John T. Oakley occupied the chair, and when the resolution was called up it was adopted by a vive voce vote, although some of the members protested at not being permitted by the chairman to have themselves placed on record in the negative. Councilman Brice, of Manhattan, one of the youngest and most popular members Of the Board, was the recipient of ninny congratulations upon having killed a resolution Introduced by Mr.

Cassidy, of Queens, expressing sympathy with the Filipinos. The resolution read as follows: Whereas, The Nationnl Government of the United States precipitated hostilities with the kingdom of Spain on the occasion of the late Spanish-American war subject to the expressed limitation publicly recognized by the United States; that it was animated to commence the said war In the sacred name of freedom nnd not for any ulterior purpose of territorial aggrandizement, and, Whereas, The National Government of the United States as a result of the said Spanish-American war has obtained the title without the possession of the Philippine Islands, and Whereas. A state of war exists between ths Republic of the United States and the Republic of the Philippines, and, 400,000 cases or 9 per cent more than last I top into rigidity, so that vibration at the Clarendon Hotel Mr. and Mrs. Hawkins, Pittsfield; L.

R. Drumbcrger. Mansfield Dr. F. C.

Merritt, Sayville; A. Griffin, Boston; 3. L. Burns, G. Garland, Philadelphia; W.

H. Thurston, Frovidonec: B. Files, Huntington; G. Densmore, D. Johnson, Dr.

Connover. city; J. G. Glaentzer, Ridgewood: F. Guttridge, Patchogue; R.

Cranford, Mrs. J. F. Noll, J. Nickerson, S.

Schmidt, city. Hotel St George C. H. Miller and wife, Mrs. J.

Ql. Stokes, city; Mrs. 0. A. Daniels, Missy S.

Daniels, Miss H. city: S. M. Compeon, T. P.

Clark, city; C. H. Campbell, Philadelphia: H. B. Tut-tie, Waterbury, Dr.

B. J. Edgar, U. S. Henry C.

Edgar, George W. Perry and wife, city; Richard Hendon, Boston; C. A. Gardner, J. G.

Sidney, Jag. McGowan and wife, city. ing concerns have ample resources and have year, and 27 per cent, more than in 1892. but prices have advanced only about 11 per cent, since Jan. 1.

In all these products trade shows a continuing strong demand, although quiet in the holiday week. After the severe pressure In the loan market Secretary Gage decided to increase deposits of internal revenue receipts in banks and has already received on deposit about $17,000,000 United States bonds for that purpose. This and the net receipts of currency from the interior have helped much, but the liquidation in stocks was yet more potent to remove pressnsre, and the new year comes with commercial loans freely made at 6 to 6 per cent, the proportion of such loans during the past week having been 18 per cent at leading banks. Failures for the week have been Daw wm oe vioruuon or. tne wnoie, and separate wrenching and give will be Impossible.

This governing idea will penetrate even the chimneys, which above the roof line will be steel-ribbed and steel-bounj. The ordinary wind pressure steel men provide for is 50 pounds. Any figure above that Is considered an act of God and without their responsibility. This palace is to'be reared as nearly earthquake proof as scientific theory can make It, but there may be earthquakes which the craft of man cannot gainsay. The Imperial Government has.

appropriated 4,000,000 yen for the construction. The foundations are. now being laid and It Is estimated that the work will consume about three yearn at the rate of building in Japan. temporarily stopped only been use they cannot realize on part of their assets. The failures of the Produce Exchange Trust and a brokerage firm here were likewise due to the sudden fall in industrial and street railway stocks, and resumption of the trust company with new management Is now expected.

These speculative troubles come because the volume of legitimate business, and the unprecedenti-d distribution of profits, interest tjd dividends, made It no longer possible to carry some stocks on borrowed money. Prosperity itself placed a check on speculative ventures. The railroad stocks, street roads excluded, after sharp decline on the 22d. have advanced $3.84 per share for the week, and Industrials $5.40 per share. Ballroad earnings gain in December 9.7 Force of Habit.

"Don't you think our neighbor a little eccentric?" "Hadn't noticed jt. Why?" 'The other night when it turned cold so suddenly I saw him go ont to the ham and blanket his Free Press. the tunnel, which it intended will.