SHOT
THE PINEHURST OUTLOOK
PAGE
lolirsflliliDDli
Published Saturday Morning, Twenty-five
Weeks in the Year, November to May, at
Pinehurst, Moore County, North Carolina.
(Founded by James W. Tufts)
Herbert L. Jillson, - - - Editor
The Outlook Publishing Co., - rub's
One Dollar Annually, Five Cents a Copy.
Foreign Subscriptions Twenty-five Cents
Additional.
The Editor is always glad to consider contri
butions of short stories, descriptive articles,
narratives and verse. Good photographs are al
ways available.
Advertising rate folder and circulation state
ment on request.
Make all remittances payable to
THE OUTLOOK PUBLISHING COMPANY.
Entered as second class matter at the Post
Oflice at Tinehurst, North Carolina.
SATURDAY, JAWUAHY 13, lOOG,
The Merry, Warbling- Tom Cats.
(The statement is not true that this tender lyric
was written by Edgar Allen Poe and its publi
cation prevented in his time by the Society for
the Suppression of Tom Cat Literature.)
Hear the warbling of the cats
Merry cats!
Oh, I love to bear the music of their midnight
nightly spats!
And they waltz around and frisk all,
In the icy air of night
In a way so weird and brisk all,
While their shapely tails they whisk all,
With a Cataline delight!
Keeping time with their tails,
Like a lot of Runic flails,
To the concat catenation, sung in sundry sharps
and fiats;
Of a canticle on rats,
Bats, rats, rats,
Rats,
To a wild carnivorous canticle on rats!
Hear the turbulent Tom cats
Daddy Cats!
How the catapultlc bootjacks interrupt their
fiendish chats!
In the darkness of the night
How their ghoulish outcries smite
Ears polite!
From their catacoustic throats
An intense
Cataphonic ditty floats ,
To the proud prize cat who listens, while she
gloats,
On the fence
Ah, the tabby cat who listens, while she gloats,
To the surging cataclysm of their wild catarrhal
notes!
Hear the hoarse grandfather cats
Aged cats!
How they make us long to grasp a score of good
brickbats!
They have caught a bad catarrh
Caterwauling at the moon
(See it? Caught a bad cat R) ;
You may hear them from afar
Roll it like a British R
out of tune,
In a clamorous appealing to the aged tabby cat,
In a futile mad appealing to the deaf old tabby
cat!
8hrieking higher, higher, higher,
Like a demon in a fire
While the little kitten cats,
Infant cats,
Sing an emulous sweet ditty of their love for
juicy rats!
That's
But a rudimental spasm of the capers of the
cats.
William Tipton Talbot in the Washington
Post.
THE GREAT YEAR OF lOOS.
Storj of National Prosperity Told hy
Commercial Statistics.
In the history of the youngest yet most
virile of the great nations the year 1905
stands out as the one of most rapid prog
ress and greatest success, says Dun's an
nual review of trade published Jan. 1,
1906. New records in this country occa
sion little comment, but the last year has
been so exceptionally prosperous that at
tention should be called to its noteworthy
accomplishments. These are summed up
as follows :
If over a million immigrants were ab
sorbed in a single year without glutting
the labor market in any other nation the
sociologists would ponder the problem
with amazement, but such an unheard of
occurrance in the United States arouses
little comment. So as to reports of for
eign commerce and practically every
measure of internal trade, to say nothing
of agricultural productions and transpor
tation. The mileage of the railways has
steadily increased and the issues of stocks
and bonds are beyond precedent, yet the
market value of the 60 most active secu
rities has risen far above all previous
records, the earnings are much greater
than ever before and frequent complaints
have been heard because traffic facilities
were inadquate.
Manufacturing plants have turned out
quantities of products much in excess of
any earlier year without causing accu
mulation ; in fact, it was often the case
that goods could not be delivered as spec
ified and in the iron and steel industry
orders will be carried over into 1906 equal
to the entire annual production a few
years ago. Prices of commodities, as
shown by Dun's Index Number, have
risen to the highest position in 22 years,
a striking evidence of the consuming ca
pacity of the people, for it is not possible
to maintain the quotations of an unsur
passed production of the various neces
saries of life unless there is a commen
surate broadening of demand.
Failures are fewer in proportion to the
number of firms in business, and liabili
ties are at the minimum ratio to solvent
payments through the clearing houses,
which have also reached a new high
water mark. Faster than the growth of
population has been the increase in the
amount of money, in circulation, the
average now standing at the heretofore
unequaled sum of $31.76 per capita, and
the stock of gold in the Federal treasury
has eclipsed all previous records of this
or any other nation at over $765,000,000.
Nevertheless, commercial and other de
mands have so drawn upon the available
supply of funds that rates for loans rose
so high during December as to suggest
the possibility of serious stringency.
This is another index that tells a story of
national prosperity to the student of
economies.
Speaking of the recent money strin
gency and the deficits in the surplus re
serves of the banks, the review says that
in spite of these facts resources of the
national banks, and also all such fiduciary
institutions, now stand at the top point
in the country's history, and the persis
tent strength of rates can only be attrib
uted to the expanding needs of a steadily
growing volume of business.
Abundant Cause for Congratulation.
As the year draws to a close it is easy
to find abundant material for self-con
gratulation. The country has experienced
a year of unparalleled business activity,
all records being passed both as to vol
ume and profit. Naturally, such an era
has begotten many unfortunate excesses
Business methods have become less rigid ;
overconfidence has taken the place of
ordinary caution, and continued abuses
may sooner or later threaten the country
with a setback leading to an era of de
pression.
At the same time, however, there is no
occasion whatever for taking a discour
aging view of the future. On the con
trary, there is every reason for hopeful
ness in the business world. Our farmers,
who are still the backbone of the country,
are enjoying extraordinary prosperity in
both the south and the west. For some
time to come they are likely to be large
consumers of all the necessities and many
of the luxuries of life. Our industrial
classes are also well employed and at
high rates of wages. They, too, as a class,
are enjoying more of the necessities and
luxuries of life than usual. Our mineral
industries are going through a wonderful
stage of development and earning large
dividends.
The only thing in sight to hinder a con
tinuance of our industrial activity is our
financial excesses, and it would be far
better to recognize this fact at once and
put on the breaks than to allow indiscre
tions and abuses to progress until a seri
ous collapse is invited. I wish it to be
distinctly understood that I am optimistic
regarding business prospects but Wall
street, as is frequently the case, is inclin
ed to overdiscount the future, and the
overdiscounting is likely to become much
greater than usual. The remedy which
is contraction may be unpleasant, but it
may soon be necessary. Many stocks
have gone from strong into weak hands,
and this process will be continued unless
the note of caution is sounded wide and
strong Henry Clews
Old Fashioned Dance at The Xnn.
The series of informal dances which
are always a pleasant feature of the sea
son at the The Holly Inn, were begun
Saturday evening an "old fashioned"
dance, so named because a number of
square dances were introduced. Many of
the villagers joined with the guests of
the hotel and a pleasant evening was the
result.
Putting: at Tbe Berkshire.
An evening putting contest arranged
by Mrs. Montgomery A. Crockett, was
one of the pleasant features of the week
at The Berkshire, Mr. and Mrs. G. Lee
Knight, Philadelphia, winning the prizes
offered.
Hearts Party at The Inn.
The old time popularity of hearts was
demonstrated at The Inn at the weekly
card party, Wednesday evening, nearly
forty participating. The prize winners
were Mrs. A. D. Henderson and Mrs. C.
F. Tibbals both of New York, and Mr.
C. L. Becker of Boston.
TIN WHISTLES' FOURTH
Treasurer A. G. Warren Wins Club Cup
in Weekly Tournament.
Vice-President Knlg-ht Second Hel
den, Becker and Bailey, Tie
for Third.
HE FOURTH event in
Tin Whistles' tourna
ment program, an eight
een hole medal play
handicap and ball sweep
stakes, for a club cup
offered for the best net score, two-thirds
of the balls for the second and one-third
for. the third, resulted in a bunch of
close scores and the second victory of
the season for Treasurer Aldice G. War
ren, of Rochester, N. Y., who played
with a handicap of thirty-three, and
scored seventy-eight net.
Vice-President G. Lee Knight, of Phil
adelphia, whose handicap was five, was
second, five strokes away, with eighty
three, and F. E. Belden, of Hartford,
(18), C. L. Becker, of Boston, (0), and
Fred J. Bailey, of Chicago, (8), tied for
third at eighty-four. Close after them
were W. A. Johnston, of Latrobe, Pa.,
and II. W. Ormsbee, of Brooklyn, whose
handicaps were eleven, and who scored
85 each.
THE SCORES.
Out In Gr. Hp. Net.
A.G.Warren 65 56 111 33 78
G. Lee Knight 43 45 88 5 83
C. L. Becker 42 42 84 0 84
F. E. Belden 53 49 102 18 84
FredJ. Bailey 45 47 82 8 84
W.A.Johnston 49 47 96 11 85
H. W. Ormshee 44 52 96 11 85
F. W. Ken yon 62 63 125 38 87
P. L. Lightbourn 56 62 118 28 90
II. W. Priest 53 49 102 10 92
T. B. Cotter No card
A. I. Creamer No card
UUAIL HUNTERS 1IUSY.
Conditions .Excellent and Good Hag's
the Itule.
Excellent hunting conditions exist and
the sportsmen are bagging many quail,
the high line string of week falling to
Mr. John Teagle of Cleveland and Mr.
W. C. Tesigle of New York, who bagged
thirty birds in two trips, kills of 19 and 11.
James Todd of Pittsburg, is much in
the field, Mrs. Todd often accompanying
him. lie has his own dogs here, Bock
and Billie, and they are good ones. Mr.
Todl is anethusiastic sportsman who has
hunted many parts of the country and
an excellent shot.
J . 11. Such of South Amboy, N. J. who
has been an annual visitor for several
years, is on hand with two good dogs
and ready for sport.
Flight woodcock shooting is furnishing
variety from time to time, several being
secured during the week.