davidaulloa/AmericanStories huggingface dataset:
The Providence news. (Providence [R.I.]) 1891-1906, 1894-07-25

Regarding the bill. Mr.. Harter made
IA foIlowfna statemeuts

REGARDING the bill, Mr.. Harter made
he following statement.
First--Ths I'LL, II passed, win provide . sur
slus every year, including the hrst.
e~scend-It II essentially . compromise Dill,
and not such . enc ~ I would make IL could
frame Il. II leaves the taxes until Sept i,
1879, fully . Per cent higher on an average
than the last national Republican platform
asked a. O.. the al Rsrsncs between American
IND foreign labor cost, but they are neverthe-
Less lever than the average rates OIL eieher the
Wilson or the senats bill.
Thfrd-Ths sugar refining interest Is given
No protection, Cor the reason that It's rerusai
20 give rsasonabls and proper
concerning thai busiasss 10 consi$red prima
facis evidence that u 10 lar beyono any s"cn
need.
Fourth-Thsi increased tai of1-5th of cent a
glass on beer viii BE- borne By tho brewers ana
retailer out u thsir large pronts, ana VIII
net add 70 the price Or reduce the size OF inc
glass bought by the drinksr OF his siass OF
beverage and the tax upon wine, being tne
same ~ On bssS viii not - burasnssms OF
epprsssfve - any consumer.
Hfth-Tbe tax upon Tea and sofss Is at the
extremely lev rate Of absst ! mill . cup ana
sIxN4GSSss this IN ne income ten Is re-
auirsA nd ne ansrsass Of the whisky tar u
Oon00Tnbl0
The Democrats Of ths senate retired be-
hind closed doors yesterday afternoon
for ths purpose Of settling their differ
snoss On the tari6 and trying to reach an
amisahls understanding.
Senators Hill, Murphy and Irhy were
che only Democrats present at the Capitoi
whs aid nsA respond 70 the caucus call.
The caucus continued for three hours,
and without reaching any conclusion or
taking . vets sA any proposition al
1eurnsd unsn nils afternoon. when an
eshss meeting viii be held.
ne caucus merely served TO emphasize
oAe Eve facts that tho Democratic ssns.
esss ars. si naxisus 70 pass q tariff bill
aaa thst there are still wide differences
a y the kind Of bih they can pass.
eeaasors Blanchard and Cafsry Of
Ie~uisiapa were bstA csnspicuous in the
caucus prosssdinga Instead Of showing
sny ~dlspositisn - yield the sugar dit
fsrential, thsy asked that the conference
committee be Instructed TO retain tina
feature and the 20 per cent ad valorem
anArts ada the l-10th Of q cent additions
q sugar imported from countries PAYING
bounty on sugar. and also TO continu'
for this year enough Of the bounty pa''
under The Mckinley law on sugar grow
IN sAis country TO make the duty equal 3
osents . pound.
The emily motion made during th
afternoon was one by Senator Jarvis :
send tho bill back to conference withou
instructions, and while nothing like
vote was taken, the indications now ar
that his motion will prevail In the end.
The Providence news. (Providence [R.I.]) 1891-1906, 1894-07-25

He introduces a Compromise
Measure Into the House.
The Democratic Conference AvaIled
Nausht-No Action Taken.

wAsHrSoroS, July 25.-Representative
Harter Of Ohio introduced In the iiouSo
The following bill, which he proposes asa
compromises tariff measure;
ON and after Sept. !. 1894, all tarin taxes or
~.t,e< not herein otherwise provided for shaii
- reduced one-half: provided such reduction
Soex not bring them below 70 per cent al
valofen, Il being the intention OF TINS ac. 90
nav ! tariff tax or duty OF not less than
- cent ad v1iorem TO remain upon all
s~rt,cles now paying a higher rate. ms
-hsil not he construed as In any woy changing
~xi.tinx taxes OF duties upon articles paying
: lower rate Of duty at this time thah ~ per
~.nt al valorem: nor does this section In any
800 ,nterfere with the provisions of sectionss
q" - ,b,s aet. The secretary Of the treas
-~~ a. hereby expressively authorized ana
Ssr.cted An ali cases where this act reduces the
--as nm articles which now pay q sreciho
- soecidc and ad vaiorem duty below 20 per
~.nt "a valorem TO charge and collect upon
All such articles on and after sept. !, 1894 an
"a valorem duty Of - per cent Tot the taxes
- srfsrs proyided for in this act there shall
sdasd anon All articles which, II produced
1900. An the United States. would be subject
81 an Internal tax or duty the amount OF such
fnternai tax or duty.
second-An the tariff taxes and duties In
.xcess Of II per cent I'D valorem shaii Dc re.
Src~d 10 and collected at the uniform rate OF
~ rer cent ad valorem, to which shall be
.ased informal taxes or duties as provided
Sor IN section 1, and IL Is also provided as In
section 1 that neither sections i nor z shall IN
INV wav interfere with the provisions made
An s~eotions . or 4 of this act.
Third-A uniform duty or tax OF 1 cent
coupd shall be levied and paid upon all sugars
al tsnk bottoms. all sugar sweepings, syrup
81 cane Juice. melada. concentrated meiada
spd ccncrete aud concentrated molasses. ant
molssses imported into the United state
from any part Of the world, having lW de
~recs Of saccharine strength, and a reduction
81 1-lOOth cent . pound shall be made for eacl
degree Of s~accharino strength below loo dc
Srscs-
mound upon all coffee and of scents n poun
mon All tea Imported into the United State
shall be levied and paid.
~Fffth-The International tax on beer ana q
s<her malt LIQUORS shall be 81 n barrel OF !
~allons. and an internal duty or tax at IN
zane ratio per gallon rs Is collected upon bee
apd malt liquors shall be levied and coliecte
under rules 70 be prescribed by the secretar
~ the treasury upon all wines produced q
mads IN the United States.
Sixth-Ali laws or parts OF laws confictin
with this act shall DO aud the same are heren
repealed ON Sept. I. 1894. and the law givin
bountiss 70 producers Of sugar In the Unite
states d also repealed, and such repeats sha
TIKI Rect On jan. ],
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
CRY OFFICIALS.

JED. KELLEyBERGER,
J. @. REED,
r, q. COTTON,
9ousUiLhEN D. ANDREWS.
is. II. MYERS.
g. W. RICE.
City Council meets en- the FIRST and third
Tuesday evenings ofcach month.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
-------- -----f- ---=-----''--7---
THE MOTOR LINE.

1t is learned that the Albany Street
Railway Company is considering the
project Of building their motor line
to Sodaville and Waterloo. There was
talk of building it year or SO ago, but
1t was dropped for tie time, but it is
learned that the question is now being
considered In earnest During tile
present depressed times the road could
be built much more cheaply than &C
any other time, and some such feeder
is needed to make the motor line pay.
An engineer was consulted about the
project a few days ago. The company
Is considering two routes, one from
Albany to Tangent, thence southeast
to Waterloo, and another from Albany
to the Springs via Lebanon. A motor
line to these famous summer resorts
would result in large traffic, espec-
tally during the summer season, and
would also do good business from the
rich farming community through
which II would pass. 1t is said that
number of farmers have Offered to give
the rightof-way and to contribute
liberally toward the building of the
line, as 1t would enhance the value of
their land and give rapid transit to
market.
1t is to be hoped the project will
result in the building of the line this
summer. Herald.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04

Those who never read the advertise
ments IN their newspapers miss more
than they presume. Johnathan Ken
ison, of Bolan, Worth county, Kansas
who had been toubed with rheuna-
tism in his back, arms and shoulders
read an item In his paper about how a
prominent German citizen of Ft, Mad
ison had been cured, He procured the
same medicine, and to use his own
words ut cured me right up.n He
also says: "a neighbor and his wife
were both sick in bed with rheumn-
tism, Their boy was over to my house
and said they were so had he had to do
the cooking, told him of Chamber
iains Pain Balm and how it cured me,
He got bottle and it cured them up
IN week. For sale by N. w. smith
druggist, 50 cents bottle.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
COXEY' ARMY.

1t is Rapidly Nearing Washington
Protection of the Capital.
Coxey's army is marching toward
the National Capital and are rapidly
nearing their destination. Had the
rank and file of the "Commonweal'
done their trading with Read, Pea
cock d Co., there would have beeh no
need for such movement, for they
would have saved enough on their
purchases to tide them over the hard
times.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
LEBANON PRODUCE MARKET.
Lohangea Every week.l

lVhohseu Every Neek,l
Wheat-4lc.
Oats-30c
Hay-$9 perton.
Flour-$O 5O@.75 per sack.
Chop-Sl 90 per cwt.
Bran 75c per cwt.
Middlings 81 90 per cwt.
Potatoes-30c.
Apples-Dried, &c perlb
Plums--Dried, SC.
Onions-2c.
Beef-Dressed, Sc.
Veal--4@5c.
Pork-Dressed, 8.
Lard-l2l.
Hams-l2l per ID.
Shoulders--10c.
bides-llc per lb.
Geese-$7 per doz.
Ducks-$4 90 per doz.
Chickens-S2 1903 90.
Turkeys-lOc per lb.
Eggs-Sc Der doz.
Bhtter-20c per lb.
Hldes-Green, 1c; dry, &c.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
For Sale.

will sell on easy terms very cheap the
following property;
l. Ny residence property--a good house,
new barn, and 10 acres Of very best land,
with line orchard-within the corporate
limits OF Lebanon, Oregon.
2. A farm, with good improvements Of
I'D acres, one and one-half miles from Leb-
anon. Finest hop land iu the county
g. One house and house lots in ]. NJ
Ralston's addition to Lebanon, Good house
and good location.
!, -Four head of good horses-Two work
horses and two buggy horses. Two wagons
and usual farming implements. Ten head
ofeattle,
All in good condition. ANY man who
wants a bargain can get it from me.
J, W. scANLAgD,
Lebanon, Or,
Pure blood Brown Leghorns, eggs
VI per settiug-l3.
w. w CRAWFORD.
Tellpap, Ur.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
A COMMUNICATION.
MEpEoRp, Or, April 25, lss


70 THE EpIToR OF THE EXPRESS
Thinking that a few, at least, Of the
many readers Of the EXPRESS will take
interest in any information concern
ing this town, take this opportunity
to write a few items.
OF course, times are dull here as
everywhere else, but strangers are
coming in every day-some locating
permanently while others only stay q
day or two. Present indications are
that this town will have quite little
boom this summer, but whether or not
it will he "healthy growth" remains
TO be seen.
The citizens here evidently Glove
darkness rsther than light" as the
street are not lighted. OF course, this
seems quite a drawback to stranger,
but then it is a comfort to reflect that
no "Electric Light 4 Water Co." has
"dead mortal cinch" on the town.
The people here do not lack for
amusement. Fer Instance, the Evans
a. Sontas play were ION deck" last
night, and that king Of cranks, Il do
| not refer to the Waterloo crank, but a
much more dangerous cranky Governor
Pennoyer, is billed TO address the
people here the 2sth of this month";
N. B. The readers may consider
Pennoyer referred to as being danger
Gus 10 the old parties or to the general
public, as they please and the writer
will do the same.
This Is the best field for another
newspaper that ! know Of in Oregon,
although there is good paper here.
As q former printer l should know
whereof speak, and it seems to Inc
shere is a good opening for another
good. local paper, especially with a
good job office in connection.
We have received Information from
Lebanon that the pops nave con-
verted Dl. Lambersoli. While we did
not learn whether the new convert
had been simply sprinkled or thor
oughly immersed, We do not doubt
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04
PROBATE COURT.

In the guardianship of Sarah Mcbride,
ct al, final account filed
In estate Of Zeno P. Richards, sixth ac.
count filed.
In guardianship of Peter Hunt ct al,
inventory filed; property appraised at $500
In estate Of Cora Derringer, June set fol
hearing citation.
In estate Of Geo G, Henderson, inventory
filed; real property, $500; personal proper
ty, $lS6Ss; household goods set aside;
petition to sell real property filed hearing
of citation May IL.
In estate Of Samuel .. Burkhart, ct al.
petition to borrow money, allowed.
In estate of Joseph Moist, final hearing
set for June s.
In estate of Jas. Knox, bond Of G. B
Haight for $4,000 filed
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04

an ass Of himself he should be waited
on by delegation and requested to
mend his ways, but in this case he has
had strong lntimation Of the esteem
in which he Is held by rising major
ity,
j
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04

The regular subscription price of the
EXPRESS is $lD q year, and the regu-
lar subscription price of the Weekly
Oregonian is $3.50. Any one subscrib-
ing for the EXPRESS and paying me
year in advance, can get both the Ex-
PRESS and the Weekly Oregonian one
year for $500. All old subscribers
paying their subscriptions for Jne year
in advance will be entitled to the same
offer.
The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-05-04

J. +. Adcox, agent for the Albany
steam laundry, sends wsshipgs down
ou Tuesdays only. m sF
The Portland daily press., 1894-05-23
DIAMOND ISLAND STEAMBOAT Co.

On and after May 18th, Steamer "Leo,"
Capt Joseph H. Upton)
WILL leave Burnham's Wharf Opposite
w Custom House, for Great Diamond Is
land. week days, 6.15, 700, 7.5o, 10 a. m. {;
1915, 200, 4.15, 5.15, 6.10 p. m.
Returning, leave Great Diamond $50, 7.2o,
SIS, 1890 a. m. 1.3o, 220 3.45, 4,45, 5.45,
csc p. m.
A sailing trip every pleasant afternoon will
be made at 200, touching at Great Diamond
ana g naan an OF seeing
Rock Basket Island and all interesting points
in Casco Bay. Tickets % cents. Evening
sailing parties taken unreasonable rates. For
further particulars inquire of the Captain
may15 d3m
The Portland daily press., 1894-05-23
Freights.

The following are recent charters:
Bark S. R. Lyman, Sidney,C. B., to Barbados.
I. o., coal private terms.
Schr Robert A. Snyder, Roberts Harbor to
New York, paving $1e
Schr Maggie s. Hart, Knnebec to Philadel-
phia, ice, p. t.
Schr Ellen NJ. Colder, Clarks Cove to Norfolk,
ice, p. t.
schr Sea Bird, Long Cove to New York, paw
ing SIG.
Schr Eva May, New York to Winter Harbor,
coal, p. t.
schrs Silver Spray, Matte B. Russell, Nauti-
lus, S. L. Davis, M. B. Crosby, and Jas. Boyce,
Jr., New York to Portland, coal, p.t
Schrs Maggie Kane, James Fl. Hoyt Bertha
Warner. and R. D. Bbber, Philadelphia to Port
land, coal, PIT.
Schr G. J. Willard, Portland to New York,
empty bbls &c.
Schr Nellie ]. Croker, Jacksonville to Dem
erara, lumber 81 30.
Schr VIM. Rice Rondout to Portland, cement
TIC.
Schr Addie Charleson, Barbados to New
York, hid sugar SO.
Schr Geo. V. Jordan, Hoboken to Halifax,
coal soc, and Bridgewater, N S., to Buenos Ay
res, lumber 81 30, or Rosario SIS 80.
The Portland daily press., 1894-05-23

Thefolowing are to-day's closing quotations
OF GOYernmanL securities:
The Portland daily press., 1894-05-23

PROPOSALS for subsistence, quarter
a master, and hospital supplies. ,Treas-l
urer's Office, Eastern Branch, Nationa
Home Ido9 for D; V. s. Togus,. Me, May 9Th,
conditions will be received at this office till
Il o'clock M, Tuesday, May goth, 1884,. for
furnishing and delivering at this branch all
subsistence stores, consisting in part Of tea,
beef, mutton, fish, pork, products of every
kind, onions, potatoes, veal, &c., &c. Pro-
posals for all quartermaster's stores consist
ing in part Of coal, household articles,
stationery, plumbing materials, engineers
supplies, hardware, white lead, oils, farming
implements, feed for stock, carpenters tools
and mat erials, drugs and supplies of every
description for use in. hospital, shoe and
harness-makers materials, tailors supplies,
crash, flannel and mittens, will be received
til u o'clock NJ, Friday, May 81, 1894. Sup,
for the three months commencing July LIST,
1894, ending September Both, 1894. All other
supplies will be awarded for the fiscal year
ending June 30th, 1895; The right to reject
any or all bids reserved. Blank proposals and
all needed information will be furnished on
application to the undersigned. JOHN D.
ANDERSON, treasurer. Approved LUTHER
STEPHENSON, Governor. may11dtmay28
The Portland daily press., 1894-05-23
New York Stock INNINGS.
(By Telegraph.)
Boston Produce Market.

BOSTON. May 20, 1s94.--The following are
to-day's quotations of Provisions. Produce, ETC.:
Pork-Long and short cuts and heavy backs
at 15 80: light backs $14 so: lean lends 16 90.
fresh ribs sac; sausage 81a.
Hams 10W11c smoked shoulders 81a ;corned
shoulders 71ac.
Bacon 1o1ac; smoked ribs Sac.
Lard-tierces at Sc " fb with pals at 81s@
sc ~ fb.
Hogs-Choice city dressed TAG ~ fb; coun-
try do 61ac
Butter-1S@1 &C. for the best fresh made crm;
fair to good 16@171ac; fresh diaries at 16@17;
imitation 13@14c Jade 11@l2.
Jneesa-Nortnern at 121a@13c; Western at
11@111a new 1O911c.
Eggs-Eastern fancy nearby stock lac: best
Eastern at 121s@l3c; Western at 12@121ac;
Southern at 11@11 W.
Poultry-Northern turkeys, fresh killed, 1870
23c; fowls 1904: Western turkeys. frozen,
1901 lie :iced at Sc; Western chickens, frozen at
11@12; iced collie; fowls, frozen, 1O@11c.
Beans-Pea 0002 1O:medium at i 9O@1i95:
yellow eyes at 25t02 35 red kidneys at 2 ESQ
80: medium and pea foreign 7O@l IS.
Hay-Best $16 00@S17 90; lower grades at
$13@16 90; Straw S12 50$13 90.
Potatoes-Hebrons 75@8Oc: Rose 7Ot@75c $Y
bush; Dakota 68@7O c;white stock at zoe.
Apples-RusSetS, choice. 0O@5 90; No rs at
So bO0S3.
The Portland daily press., 1894-05-23
Domestic Markets.
(By Telegraph.l

~ go.
MAY ~. 1884.
NEW YORK-The Flour Market receipts
A5,2eA packages; exports 5,s4o bbls and 25-
steady; unchanged.
Flour ouoJauons-low extras at 1 9002 30;
city mills extra at 0093 so; city mills patents
8 9o94 20: winter wheat low grades at 1 9o@
@3 80; Minnesota clear Q 25@2 81; strai1tts
do at 25@3 10: do patents 25@4 10: dorve
mixtures 3O@2 CO.; superfine at 1 6o@2 10:
fine at 550l 95. Southern flour is dull and
steady: common to fair extra OO03 90. RIVE
-four in fair demand and firm 7O03 90. Corn
meal is quiet and steady. Rye dull and nominal.
wbeat-receipts 26S ,625 bush; exports So 643
bush sales $4,000 bush; dull and lover Ny closing
weak; No hed IN store ana eleV 67M@57Hs;
anoat at OF 1aGo1s4 II Q at oota 9ooS NO l
NortnerE at % = g66 &c. Corn[recelptsS 20 81
push; exports l7;SoO ousn; sales $4,000 bush !,
anoat Oats-reaeipts AZ. ooO push; exports =
push: sales 20 ,ooO Dusn; quet ana nrmer; NO 2
at 3S1s g394 g, NO 2 Mnlte 4SAa G; NO Chlca-
60 at 40zsc. NO at 38N c; White DO at 421ac !:
Mixed western at 4og4lc; 40 White and White
State at 43@47c Beef quiet and steady; beef
hams ouii L. 90; tlerced beef dull;cut meats are
quiet and easy Lard quiet and lower; Western
steam closed at s5 bid; city Ga @61a refined
duil; comment 30; A 3 y; compound 5M
daso axtra nr;nae 1 He Se easy tneSs
demand and psteadier: Sfste dairy now lu ia az
qs@17e old ioSI4c; do creamery new i5@, f.
de ro NV do new ~ iaoc p
uT tr7 new sv recegts heo1 FL
kr a' a. Do ycho'ca st IoSI
S,afo sao nv 81 os ,o ~ narf e%;ns ~ i q
ocA'1 t az a%at nn,ted at Gee bd I
g. 81. p;c stnodI apd d,,1. NJ - Of 1ec 0 c ~
nti, s' od an rasnen dn1i and
nv st Sa9 s@aM MnT at S.IsSesI
NJ o az aih6o Jfec. No q at az 1SS q e. ,
No 10 at 3 5-lsas1ac: No Ii at 3-is93sSc
NJ NJ 10 10 a 81, alh9 SIec No1e At ~ 91as =
off a at a,1sG3 Js-Isc. Would xM6S4 La:
tasndard A 464 3-16c Confec'rs' A 3%@4c;
cut loaf and crushed 4S4 "a 15-16c: powdered
at Ala "a 7-1e; granulated 404 5-16; Cubes at
The Portland daily press., 1894-05-23
Boston & Maine r. r.
WESTERN DIVISION.
In Effect April 16, 1894

WESTERN DIVISION.
Trains leave (Union Station, for scarboro
Crossing. 900 a. H.. LOO p. m ScarbOro
Beach, Pine Point, 100. $40 a. M. $50.
Biddeford. 700. $40, a. M. 1910, $50, 8. 10,
$50 p. M. Kennebunk, 100 a. M, 12.40
$780, 5.15, $40 p. M; Wells Beach. 700, a.
m. $50, 5.15 p. m.; North Berwick, Great
p. M Rochester. Pennington. Alton Bay.
Wolfbor0, 124O $50 D. Worcester.
(yia Great Falls and Rochester,) 100 a.
M: Manchester Concord, 100 a. m. $3.50
Haverhill, lawrence, Lowell, Boston,
100. a. NJ, S12.40. $50 p. m.
Boston for Portland. $50 a. m-i 1890.
3.45 p. M
1885, A. Is p. m.
EASTERN DIVISION.
From Union Station For Cape Elizabeth.
Rochester, Pennington, Alton Bay, Wolf
boro 1900 a. M. Biddeford Portsmouth,
Amesbury, Newburyport, Salem. Lynn,
Boston. 200, 70 90 a. ~. S1.Oo. 1000
1890, TOO. p. M. Sundays. 5000 al NJ. TOO
pm Sunday trains for Biddeford, Ports
mouth, Newburyport, Salem, Lynn, Bos-
ton, 200 g. M, LOO p. m.
Connects with Rail Lines for New York
sConnects with Sound Lines for New York.
*Western Division from North Berwick Sum
days only.
Gg-Connects at Scarboro. Crossing with
train for Boston via Eastern Division.
tConnectS at North Berwick for all stations
on the Western Division.
Through tickets to all points in Florida the
South and West for sale az Union station.
W. F. BERRY, GenI Traffic Manager, Boston.
D. w. SANBORN, Genl. Supt. Boston.
GEO. H. THOMPSON Ticket Agent. Portland.
The Portland daily press., 1894-05-23
FINANCIAL And COMMERCIAL
Quotations Of Staple Products in the
Leading Markets.
Review, Received Daily by PuIlen, Crock
er g. Co.
NEW YORK. May 70.

The rally which we foreshadowed yester-
day was enjoyed by the market today. but
1t was apparently due to covering of shorts.
Extreme irregularity was the principal fea-
Jure and sharp advances and equally sharp
declines in other directions occurred stimuli
taneously. The rise in sugar was based on
a renewal of favorable Washington reports
and it is possible that tariff discussion may
again become an important feature of ma
nipulat1ons. The Senate is making progress
towards a final disposal of the bill before it,
and yet there is no assurance that a long
controversy may not ensue with the House
OF Representatives before the question is
disposed of. Unfortunately the situation is
still marked by discouraging features. The
impression is growing that the roads now in
the hands of receivers cannot be reorgan-
lied without very heavy assessments upon
stockholders. Hence a considerable group
of stocks in the market is likely to remain
vulnerable to bear attacks and be a depress-
ing influence upon general speculation. The
shipment of gold on slow steamer tomor-
row is an Indication of the imperative de-
mand from Europe and as foreign exchange
is again higher it seems impossible to avoid
this conclusion that important ex-
ports of gold are probable for some
time. The unsatisfactory exhibits
of railroad earnings are likely to be con-
tinued for months. Under these conditions
it is obvious that the buying power in the
market will remain at the minimum until
change occurs in the outlook. But on the
other hand, no serious liquidation has been
precipitated and the bear party will over do
its work at times in consequence. Specula-
ton will probably be unsettled and irregu-
lar for the present, but in view of the re-
cent sharp declines, opportunity will be
afforded for purchases on the bear raids
with view to quick returns when short
covering effects rally.