davidaulloa/AmericanStories huggingface dataset:
The Washington critic., 1888-01-13
FowIer's Improved spring Mattress.

Made 20 ht all bndsteads. Sold for cash or
on installmetts, al 1i06 Seventh street, n W.
over 4 900 sold IN five ycars I'm Washngton.
The Washington critic., 1888-01-13
QUICK SALES AND SMALL PROFITS.
MoTToo OF
F. s. MILLIEWS e CO., Druggists,
Under Masonic Temple Corner 9th and. Streets NJ w.

nsi a. @ Ss % Sny s Sst sd @
The Washington critic., 1888-01-13

Hotel Windsor
can't be exceHed in fine table board and
handsome apartments.
The Washington critic., 1888-01-13

Absolutely Pure Candies
of all descriptions, at "sheetz, the Confeo-
tloner's, oofiief Of G. and 11th sts. n. W.
The Washington critic., 1888-01-13

"surrrz, the confectloner."
The Washington critic., 1888-01-13
Decorated Pottery.
TRY 'asheetr, the 'Confectionefs,p

candies and you. will. buy no other. 1t is the
best In the world Call and inspect at the
The Washington critic., 1888-01-13

Tho Queen of Beers.
The only beer for ladies.
The Washington critic., 1888-01-13

To the Ladies.
Send your lace curtains to the Swiss Steam
Laundry, 1922 street.
The Washington critic., 1888-01-13

Tho Queen of Beers
Ia a triae higher in price, but OF superio
quality to all others.
The Washington critic., 1888-01-13
OF CARPETS, UPHOLSTERY
GOODS, PoRTIERES, LACE
CURTAINS, RUGS,
Etc.

so Remnants Moquette 10 to 80 yards,
at 81 per yard.
70 Remnants Body Brussels, 10 TO 80 yds.,
at 90c. per yard.
so Remnants Tapestry Brussels, 10 TO 80
yards, at 60c. per yard.
35 Remnants best Ingram Carpets, s to %
yards, at soc. per yard.
The Washington critic., 1888-01-13

BOOTS AND SHOES.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11

' 2i Sea'ssa sg"T . a s1 ed sa
seseRea spping, o9s7oe whale, crude SofthsrS go
ssc; natural winter 4ie bleaehei winter 4se eytSs.
''9 sf sa9fP9 k.S Sff ZEE attention and thu
feeling was weaker, IN sympathy with tn West sales.
100 bis Mes within the ianse -, ii ga.
Primo els % Prime Mess a. sIs@ IS 90 and FAMILY
bed silcs 300 bbS Rxin MSs. rivaio terms India
Me - 90 p,e +, sS ss % oN 1 barrel and TO
sI2 80 in telces Plate at a. 5oGs7 Is Fanny az 20 so
si5 5cqsic Tor sumner Packing AID sli 5oesl5 10,
Winter Do. Get MEArs-A lrm feeling prevails bus
Hams to arrive private terms quoted. II . average
Picked Bellies ne asset rlekled Hams II $4@isc;
10 34d13c. MTDDLEs-Tiaye slow inquiry here.
DassSD , H0 &c ~' IN PFC uq. '''
LARD suffered further bfca ,o-ay AID co-ei AZ near
siil SeTy Sow, o and The cash demoni continues light
SALE S2S tes Western steam spot y 30 s s
light demand Sales 50 cs &c; fcfnci quoted 9$Sa
s5qs Soc closing :a7c 80 t. August 81 sse.
9t zee q: 80 ;s oeetsr s3oas iic elosns s4l
sSgd and bea Sq ot s @ an unei
lsl1g VIII free oicrns' GA a'9 q, y,r cram.
tubs i7@is l2c Dairy tu6@ Is iss Sc western Fae'
iaton Creamery u i.2si7c Western DAIRY and Factory.
1913 IL cHl;EsE-Holders retain tha aiyan'9ge.
Their slight gain Is noted with fair shipping demand
Low grAies rule quiet NIaif ftti"ilf = 49, 49,
latter Fancy White and Colpr' Me-,en Flaf 1ao Lie;
skins state Factory. 3a7 l-2c. G. mmol g. Choice
TGGs-Are offered lover. increased receipts and less
demand. State and PcpnsyiVania, 1913 Lee "est~
ern. l1aIS 3-4c Canada. IL l--0l- 34c.
SUGAR-For raw sugar the demand continues quits
active. Fair Refining quoted 40 l5iGe; 90 tess
Centrifugal 3 Use sales. - l72 mats superior Manila
&c; 42.5i7 mats Holo 4 iic; ! 100 hhas ana 300
bags NIusc0yaiO tost. L0~s 1-tr Refined acttys
and firm Quotations Cut Loaf s13 l-sc, Crushed,
sdS I-sc: Cubes l-2c iowdelei i--c Gfanglsied,
: 3.sc; Mould A $50 Confectionery A. l-sg
lac; COTE. " A Stanflrt sc; core on a,
$50 White Extra c. lac, Extra G, lcci CT
Yellow. , $50 10 Zoe.
STEARINF-VeFy dull and price Sssouev hat nominal-
Western. 10 I.9c. Oeonargaruc. Sc Tor .Clty.
TALLOW-Steady. nut only moderately active. lolbc
for Prime City. Sales 10000 N a. - i0e.
TOBACCO-In fair dcunai az prev0u, figures sales.
400 cases 1877 NewEngland priyl1s terms; 80 cases
lssG state Havana. 200 lrS6 Pennsyi-
yania "a % I2c. $50 cases " scDn-n Havana, . y
20 10 1-2c. $50 cases sundricS 10 zoe 800 baies
Havana II 10 $50 bao Slmarl, ~ 70 10 81 10.
WOOT.-No business ~ importance ha, been accom-
plshei during past three days. Ia. the quotations
are well maintained.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
COTTON MARKETS-BY TELEGRAPH

LIVERPOOL. july l9-4 n m.-cotton-The sales of the
1ay inciuded $500 bales American Futures steady
CPands, Low hddliDg clause. Jny delivery. 32-oid
vahe July and August delivery. 81 Odd value August
September delivery. 3u-6id value: September and
october delivery ZOt4d. value; October November
cefvc!y lti sellers November and Decem delivery
IL 6t buyers December and January delivery 1854.
bTeis January aud February delivery. l2-64d buyers;
September delivery. 30-Gsa. value.
GALyEsfoN. July lO.-Cotton-Qulet Middllnz. ILLS;
Law MiGdhAG 1910. Goot Ordinary. SO: net and
bales: exports coastwlse bales sales, u
baes. stock. l5jo bales.
NORFOLK July lO-COttou- Firm Mlddlng 10 Lie: net
All receipts. 60 o
cOastwse. 362 bales sales 233 bales ,U5U
tHARLE Ton. July iO-CottOn-Quet Mlddliug IS,
and gross receipts 326 sales bales stock, 43
bales
SAVANNAH July lO-Co;t0n-Steady and firm. Middlng
Ca; Low MiGdlinc 81 Ordinary ST. net gross
r,cept-, 259 bales: cOastwIse bales; sales
- bales stuck 53l7 Oalos.
SEw.OELEAys. July In-Cotton-Firm Middng go :
Low Ma ling. J-s 1npd ordinary net aud gross
Itcerp $40 Dales; exports Great Britain bsles
co-slsise bales siie 400 bllos stock. 3705 bales
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
The sales of State bonds included Alabamas

The sales OF State bonds included Alabamas
class y. at l04, Louisiana consol As at IS l-2
South Carolina IS, non-fundable, at 3 ID Tennes-
see settlement IS at 20 IA, ard Virginia Is de-
ferred receipts at 9 IA. There were no transac-
tons in city bank stocks.
The general bond market was unusually active
nnd prices were strong throughout Erie second
6s sold up 10 % Is with small transactions
Milwaukee, Lake Shore and Western cOnYcrtlbles
were a special feature and rose from - 10 81
New-York, Susquehanna and Western frsts were
active at % l-2ag3. New Ork Chicago and st.
Louis As firm at % IS. Central of New-Jer-
sey new IS rose 10 OF 80. Lake Erie ami West
ern IS were IN demand up 10 90 IL. Missouri
Kansas and Texas general 6s closed at Sc 5-o and
the IS at 80 IT, Texas and Pacific hrsts were
firm at o. and the income seconds rose to AZ 3-S
Attention is directed 10 our full aud detailed
report of bond transactions
OF unlisted securities dealt in at the Stock
Exchange. Cotton Seed Oil certificates sold g. OO)
at 80 l-2a36 Is, Duluth, South Shore and At
lantic Il 100 at IL and preferred 200 at % II
New York National Telegraph u,lC0l at 81, West
ern National Bank (2sl at sla95' and Mount
Desert Land ZOO at S2.jGaS2 60 l-2
Money was easy at | II per cent and closed
lal IL per cent. The supply of time money l.
still in excess OF demand and there Is no change
The Clearing House statement to-day was as
follows Exchanges, slll,996,J3l; balances
The Sub-Treasurv was debtor at the Clearing
House s224,754 Its net gain on balance was
81 81 1893 made up by gains OF s264, oar cur
rency and sl,653,5i6 coin, The daily changes
now, however, are unusually deceptive because
OF o continued transfer OF gold from the Bank
of America, the certificates for which are not
issued for day or two after the receipt and
because Of large receipts Of gold certificates from
the Department az Washington. The days opera
tions covered Receipts, $500, 723 payments,
s2673l36: leaving the general balance
81 0O.4I 7.635. consisting OF 81 72,20l,751 coin
and sls.125, s54 currency.
REPORTS FROM WASHINGTON.
The United States Treasurer AZ Washington rc-
ceived to-day $4,000 National bank notes for
redemption.
The customs receipts were s7Os,256 and the
internal revenue receipts were s2404l6.
To-day's Washington Treasury statement of cash
on hand and deposits in bank compares with the
figures OF the last previous statement AS follows:
July 0. July 10 Differences
Net gold or hand $780, $50 551 $50 1llDsc $40
Net SILVER on kd saT2Io2A S3.21o. 7A3Dec. kol.sol
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
THE MARKETS.
TOTAL RECEIPTS OF PRODUCE
Per North Rlver. Vessels and Railroads.
GENERAL MARKET REPORT.

BUILDING MATEiHALs.-0uiet and without I'm;
portlnt change. CrOtons brown. zlSG-loi dark an.
red sl5qs6; Trenton and PhadePhis front along ,iie
pier. >z7Qs-9, Jerseys s4aS1i Pale, ~ OOaF- 30 ,
llaVer-traw hll anoat 81 OOgS6 IS; Up lsiyer hard
- Ot0 - 80 isnckiand common lime u finishinS
u % Goats Hair 32a35c per bush Cattle Hair y Zoe
Cement 90 Tor IOund lots, American Portland
English rortlanl = 2oas2 j0 Rosendale' slasl % per
COCoN-DuIi aud without important change Guaya
Gull ltdt4 lie; Bahia. Is lie Trinidad, lOGl7c cara
en-. II else Cauca. 3J12Bc Maracaibo % % Lie
CUlCCORN-Qu.ct a. previous ngu'es. Bar
ry's Graduated English las 3-sc; and Granu-
lated German, 3sg6 l-2c Hauswadts Paper; 0-Sc.
COOPLKNGE STOCK-Quiet ana Nl.hDu, I'M
roriant change. Mo4s~es SHOCKS 3 i4. heaas;
- - Is; sugar shocks and hea1S, %
inch, ii 75dsl S. 80 inch, e. 5oa$, CO. oLd
shocks and New Heads - inch. fl 25asl IS SO inch
81 lCasI 20 Old Shocks without Heads, Sic Rum
shocks and Heads IS G5as3 rs; Rum Pipes 20;
Empty IIogsheii - % Hoops IA feet s25a3l IL f'eS
CORD IGE-In fair demand previous figures. Manila,
II 34c, and Sisal 34c, .,,-,, +,
CO1TON-A further advance Of Lice established IN
prices for spot goods Sales $50 taes for export ana
a-6 for consumption. The port receipts to-day a9
grcgated eG3o bales comparing with L52 bales ms a.y
year since september the beginning OF The crop year.
The receipts have aggregated 545l27s bales. comparing
with 5IsI9lG for the corresponding time last seazon
Quotations based the American standard Of ciassaca
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
THE STATE or TRADE

BALTIMORE. July 10 cotton steady Milling lolfc
Flour Howard street anl Western SupeTnno
~ 356s1 -. EKtr, 10 80 ODd3 s. Family 10 ~ o. .
$3.50 CIV Mil. sup.rfn, - jJa2 3D. Extra do - % o. 10
- 80 10. Pttt0sco "a v = 70 40 SUI
reriatvo Patent IS IS. Wh-at-southern hrn. Fultz.
s61-gc; Longbsrry s70gOc Western du and easy; No :
Winter Red spot sfDSlIc; 20 July 4 - &c: 10
Southern stea ~ White O. ao6c Yellow 53D6lc West
ern dull: spot 54S4 $3.50: July 5i'i0 0Jc: Au.
gust = s. contender s. Vj6l.c oats dull and
A. 81 &c Penn-yvania ~ n &c western
White Al i9i1c Western Mixed Al 4o0 40 &c. RVe
dull nominal Prime oS 1JOc. Prime Choice
Ne. PORK SIS o. shoulders oo'e 6hc; Clear
RIO -iTes packed SIC. B1cOn-ShVners Sac. Clear KID
Sides Sl. Ham. Il 20lJ2c. Larl refined At "sc But
eaav 5Or. Eggs dull AMI easy western packed
NJ "a l4Ly,. Petroleum Refined AZ &C Coffee
steady cargoe. far. Mt II &c sugar nrn. a soft
tic Copper rennei firm l52 lj3lc. WhsTev steady AT
26ssl Frelghts LiverOool per steamer qniet
66OO bbs Wheat 400 BUSH Corn 1900 bu,h oats
bush. I've 100 Dush. shpments-Flour l,tOO Dds
sales-Wheat 100000 bush Corn lLOuO bush
BUFFALO. July lc-wneat-Ho. / Hart in good demand.
1000 bush in lots sold At b'lc over
Chicago August ~ -DS7H4c; No. Northern IN fair
demand Winter Wheat steady IN good ienaud
No . Rel yO14d9lc; No White Michigan az 9jc No /
yellow ~ = n 81 NC No jOLc. oats dul and lo9er No
White 4O,Ir; No Mixed IS &c. rive dun aud nominal.
Flour steady good demand Nieed nrm; Winter Bran
sl5df5 spring 1t" Sl4 2jdsli 3D. COrnmeal stellT
Oatmeal quiet. Canal freights quiet; Wheat 2sc Corn
2c oats nc RecaiDts-FlOur 22OOo bbls Wheat
$4,000 bush Corn 10000 BUSH shipments by Rail
Flour none Wheat 10000 bnsn. Corn 5000 bush. oats
10000 bush. Canal Shipments-COrn o.OOO push Oati
35.OUO bush.
I'll. Fu-ur
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
TIE TRADE IN CHICAGO.

Chicago, July 10 (special.-The Government crop
report turned out TO be Of the that generally
expected The document indicates a spring wheat
crop Of about Is 10000 bushels, and winter wheat
crop of about 245975.0OO. making the aggregate crop
OF winter and splug wheat about 49, 900 bushels
The report 50 nearly realized all the bear expect alton
that there va, al no moment much nervousness on
the part Of sellers. hen the depression its
extreme wheat showed decline for July and August
Of about one cent. August opened al 90 Sd, sold be-
tween 30 ., ari 20 -. and closed al 80 Ii. July
Lep al ! ii cent premium. Wheat was very weak
On the curb. al Il cent further decline. The Gov
eInDcn report put the condition OF corn at 90 against
% al harvest lat year. aud estimated the acreage at
100000 tie largest ever known by 1.OOOOuO acres
The crop report on this grain had, however, little
eject. for the reason that the grain has not yet
coUtercd any OF The perls which Il Ofienes succumbs
u. There were a few who figured out that with all
the conditions aimed Eight along up 30 harvest, the
crop would exceed 1000 600 900 bu ,hels and overOp
any ever gathered August opened at 40 10, sold
between 40 b.. and a. - and closed az ~ IA July
was az - 10 l. cent discount. The Government
report had > little effect on oats as on corn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11

Cu,c,co Union Stock yarns July lO-Tas Dror,ys
Journal reports; c1aie-Eecspts lO09O heal sa 1nens
1000 market active. trmeE tInice 70 ENtra Beeves
as Common 10 Cool 81 % 10 - ~tockers AMI
Feeder 80 as 10 Cows Bulls aud Mixed o. % ass 80
Texas Steers ~ IS r % 10 -
Hogs-Receipts I50oo head; shipments 7,00Oi market
Mixed - bOd5 So Heavy - sO1O 50i Lisht
81 so as -. skips - 81 sj 80.
Saecp-ReceiDt, 1000 head shipments boi marEe,
Fancy. > 5ODf5 20 Western
80 - asa 81 jOG3 IS Lambs 81 30 IS Der
100 ID.
ST LOUIS Juiv 10. Crts-ReceIpt' 5000 head; shio.
ments coo market lower. Choice Heavy Native
Steers = uO1.5 81 GOof Native steers - 80
- 10 Butchers steers. Medium u Choice . 5odt 49,
StOckers Feeders Far to Good - 80 GJ 90 hangers.
cnrn.fel - 5Od4 40 CRASHED 81 - as 30.
EIogs-fseceiDts 800 heat: shipments none Msrkes
AMI Butchers selections - IOa 3D.
Packing Medium to Prime. s. IS as 50 Light grades.
ordinary 10 Best - so as 10.
sheep Receipts 1000 head shipments none Narkes
firm. Fair ChOlce - 1871 80.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
MoRE or THE sLEyry CASE IN sEPrEMBE1

Eight or more searchers and employees Of the Regis
ters Office examined In the Yorkville Court yes
terday IN the complaint II Register James j. slevin
against John Weber Louis Sanders. Edward Coegeshal
and John +. LOclman which has occupied the al
tentiOn Of the courts so long They testified In the
main that there constant effort in the Registers
Office TO expedite tho matter Of making searches and
that effort was ever made TO rctard any particular
search IN the interest Of any other. Mr. o' 1Sman
testified that he knew nothing whateyer aboss tho
article published in the papers and complained OF as
ubelous and the prosecution ted IT'S Justice
o'Rey adjourned the further hearing until September
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
wool. SALES

LONDON JuIy ln-At wool sales to-day there an
active demand There offered lll9j bales most OF
sold. The standard prices were mantane Ihe
in detail follows Victoria raies oOo
bales secured Gls sd; do locks and pieces 0l. "a
od a Is % do locks and pieces AID - New
south Wales-sales. 400 bales sconreL st@ls sid DO
pieces 2d Il III. greasy OF III. DO LOCKS
pieces. 6igd Queensland-Sales. 300 bales sconre
IL wi DO locks aud pieces 81 lO2 greasy, ID
New Zealaud-saes 800 bales scOure, II 9dn > 6ai;
do. locks and pieces 9Asdo- sd greasy, 19d is do.
and jddOLg Tasnauia--acs. Lon bales.
secured l. ri bis 81: do locks AIT pieces 5 10 i
greasy sd ia Is 5d do lock. an ne,eS 3l2i ~ ~
{ OF ami Naral-Sales lSOo bales secured
L2leIs45d; greasy +dQY 9i swan Rver-sales 900
scoure locks amt pieces. Cd greasy ~ a. 81 DO.
locks pieces 5dd Cd. Falkanisaes IL bales greasy.
a Lad amt pieces 2L-i dId Punta Arena
sales 500 bales greasy I'd a. I'd locks and pieces 2i
N
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11
OIL MARKETS

III CITY Penn. July 20 National Transit Certiacates
op,ned nj 49,, highest 81 lowest. 7s; closed SPA.
Sses l47CuOO barrels; ceaa nceS olbtOOO barrels char
6l934 Dbls shipments S6.S1l barrels runs 1890
'ITTsBURG Penn July 10 Petroleum strong and
SStona Transit certificates opened a. 49, closed at 1O7
highest. 80; lowest, IS p
BRADFORD Penn. July lsNationa Transit Certificates
qened al 79ss closed at * p. highest Sos lowest, 7Sl
Oearanccs 1900 900 barrels.
TTtevLLE. Penn July iO-Naonal Transit Certificates
c)ened 792 highest So lowest 10 closed. s2].
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11

New-York Tuesday. July 1O-BEEvES-Re %
cars O, 81 head all al 6oth-s and all for Nj Eastman
No trading in 1.-Two cattle.
Dressed in good demand at Ga7 1.2c for Texas
s7H, 2oec FOR Inferior Native d. 1919 i2c for
aium TO Prime. with Choice and Extra bringing 3-4
1cc. Not much Of the last named In the market
With freight rates reduced 10 lie live cattle and
l. lie dressed beet 10 looks II the end Of
ia rate cutting near and sharp advance may be looked
Tor soon. when beef viii doubtless be lower.
Latest private cable a1viccs quote refrigerated beef
firm a. 81 or about l0c per L. and American live cattle
unchanged at y 1-2a13c.
Shipments to-day 600 quarters OF beef the wyoming
and tomorrow the CITY Of Rome. Egypt and Celtic will
take out 1850 quarters The Barracuda will also sail
G Wednesday with 197 Sheep
CALvEs-Receip,s at all points $40 head Market
firm s3 300 % - IL for Butermlk Calves and Poor
l. Choice Neals sold at sac per n.
Dressed Calves hrmer and selling at 5ae Lee for
Dressed butt inAsi go l-c Tor Decent to Prime Coun
ty Dressed Ncal~. and l20l0 l-2c for Medium to
Choice City Dressed
ssles-Iuii buckingham: % veals, 1e7 n average
&c per 4 10 do. 159 n &c a. do. 191 n at 3-4c
! do. 100 II. at &c; Fci calves. 1877 n. at Sc.
Hallenbeck Hollis: 81 Buttermk Calves 100 n
a. 50 80 per 100 ~ II do 1G4 H. at SO 40 Is do 1s2
r. at 50 AZ Il s. do. 16O n at 80 GO; 20 do III n
at 80 &c l. Veals, 40 II. at s. co.
SHEEP AND LAMBS-Receipts Is OF 8 s37
hesdl3 at Jersey City and 6Oth-st. De-
nand active and market firm at yesterdays closing
prices Poor Prime Sheep sold at 1-2a5 Lee Der
n and Common to Choice Lambs 6 3-s6sc
Dressed Autoh IN fair demand at 7d1Oc for City
Dressed md Ge9c for Chicago Dressed Dressed Lambs
finn Id 1l613c
sales-shcfnan Culver IS Kentucky Sheep. 1151o
average, az II 65 per 100 n 2G do IS n 81 % 120
Kentucky Lambs, IS IL T. OF 50 Is co. CT n at a. 1e5
de- 81 10, 81 g. - &c West Virginia do Sc ~ At
&c go 300 do 80 D. So s. 90 do, CT IL n at 81 rs
Newton Giictt: $40 West Virginia Lambs. 81 r. at
So 90
judi buckingham: 40 West Virginia lambs, 81 =,
al IS 90; l4G do. 81 r. 81 Sheep. - at SO So
J. y lidc0ek 2Ss Virginia Lambs 81 n at 81 81 l.
$50 West Virginia do 50 "a n, &c rs % Sheep
s. y, 50 So
J. /. solder ( Co.: 70 Kentucky Sheep. LOG IN, at
e. 50 100 kentucky Lambs, 90 r. at g. 249 do CO y
81 - so
D. Harrington 90 Kentucky Lambs, e. n, at 81 So
Iiaenbeck Hollis: $50 Kentucky Lambs, 80 IL n
al e. g. l. per 100 =.
HOGs-Reoopts - Of 2 5s7 hcad-13 cars at 4cth
ST. and cars 90 jersey City. only hog on sale
which brought 80 30 Market steady at Gao lac for Fair
Good Hogs.
Country Dressed firm at sas 1-2c for Medium and
s 340Je for Light
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-11

A LESSON TAUGHT BY A RAILROAD REPORT.

TUESDAY, july up. H.
The Chicago Burlington and Northern Railroad
connected with the Chicago, Burlington and
Quincy road and as much under its control in the
matter of making rates any portion Of its own
main line is, the sledge hammer which the Chi
cago, Burlington and Quincy Company has used in
the Generalization OF freight rates at the West
has made its report for the month Of May The
decrease in net earnings is large but it is entirely
due to loss in gross earnings. Unlike the state
mcnts of the Chicago, Burlington and Quincy, its
loss in gross earnings is not supplemented By
increase in its operating expenses. The lesson
which it teaches is useful. not only from specu-
lative point OF view, but also as in a measure de-
veloping the bear tactics of the last twelve
months. Suppose the Chicago, Burlington and
Northern had done one-half the business it has
done-such as it was entitled to do-will any one
attempt to maintain that the smaller business at
full rates would not have returned a better net
suit? No! but its effect on the Ncw-Yorl Stock
Exchange values would have been less
No greater example of ingratitude was ever
exhibited than that expressed in the weekly article
Of the " bear organ, printed last Sunday. After
ten months Of service in the bear ranks-cut-
ting Of rates and striles-it cannot be pleasing
to the managers Of the Chicago, Burlington and
Quincy Company to be told by its special friends
that much of its loss in net earnings is due to -
laundering management
Io-days market was comparatively active.
The opening moderately strong but expressive
Of uncertainty. No one could know what the
intention of the big bears was and il is recOg-
nized that the market is yet so limited
that prices might be marked off
! per cent. The loan market reflects as large a
short interest as ever existed and 1t is well
understood that any drive at prices by those al
ready too heavily handicapped on that side will
not be without its ephemeral effects on prices
That interest however, dare not attempt 10
cover because of the entire absence OF stocks
for sale. For months the dealings have been al
most exclusively IN contracts. After the first
hours, when some attempts made TO raid
prices, the market steadily and slowly improved
There was not boom such as will come when
the large bears surrender Unlike most markets.
the shorts must cover in the open market there
are no cques in existence where they can 20 and
make private settlements. The final advances
OF the day were material and the market closed
quiet and strong at the best prices.
THE DAY N THE BOND MARKET
The offerings of bonds 10 the Treasury to-day
amounted TO $685. 900, OF which 500, 900 were
l-2s at OF l-2, the price al which one bond yes
tcrday was purchased. The local market for Gov
ernments was quiet and steady at quotations