davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1896-11-19

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San Francisco. November u. ls''o.
Yesterday. To-day
Wednesday, November tsp. IN.

Wednesday, November 1S-p. m
The reactionarv tendency in the stock market
based unon professional operations continued
TODAY but without pronounced declines in any
issue The whole course Of trading was without
life and Significance exhibiting noteworthy
movements and depending entirely upon the
transactions Of the boardroom element Out
siders did nothing In the market. Foreign pur-
chases were made to a small extent, probably 10
help out the London market, which apparently Is
bare of speculative holdings Of American stocks.
but there was no indication OF substantial Tor
eisn support. and home securities in Lonuoh
were about as dull as Americans. the high money
rates there and talk Of q possible advance In the
bank rate tomorrow depressing the market
There was complete absence OF selling pres
sure In this market fact which again led opera
tors for the short account to exercise caution,
ana al the close early speculative sellers turned
buyers. giving some strength and an ADVANCING
tendency to last prices.
The majority Of active stocks closed above
their lowest price Of the day. but generally at
small net declines from last night. The Indus
trial stocks. as rule. were exceptions, American
Spirits. Sugar Refining. American Tobacco,
United States Leather and United States Cord
age preferred ending at net gains the first
named stock being per cent up This stock was
active again, and in this respect was only ex
ceeoed by Sugar Refining. both issues monopoliz-
nisning the usual symptoms Of inside control and
manipulation. Distilling and Cattle Feeding
STOCK, the defunct Whiskey Trust stock made
an unwholesome record in Wall Street, and from
.ne movement OF the successor companys stock
would seem as though the same old hands were
SSsaih interested in whiskey-stock speculation.
MeTopolltan Traction gained more than per
ssnt Any on the declaration Of q 20 per cent scrip
uvloend representing certificates Of indebted
@ ness OF the Metropolitan Street Railway Com
tySany. According to action taken yesterday by
Directors Of (v,r,
xany. the company will be practically merged
sn.e tne Metropolitan Street Railway Company.
a !nis WIN result In giving stockholders Of the
tt,acuon Company nterest-bearing scrip and
ppss,uend-paying stock Of the Metropolitan Street
tS"ay Company aggregating 20 per cent more
Una. man their present holdings. ST. Paul was not
ines insefaiy fn affected by its poor showing Of earn
.so Ior the second week in November and the
Ssneral ,el railway list moved within fractions and
~ snogt sa, any extensive interest in It, Deposits
, amounted to 100000
Losing prices for a number Of active stocks,
Snpared compared with the final figures OF yesterday,
were follows.
New-York tribune., 1896-11-19
Commonwealth of Massachusetts.
TREASURY DEPARTMENT.

Boston. Nov. II. 1895.
Sealed proposals for the purchase Of bonds OF
the state Highway Loan" for six hundred thou
sand dollars ($GOOOOO will be received at this
Office until twelve o'clock. noon. Monday. Nov.
% 1896. at which time they Will be publicly
opened and read
This loan will he issued in registered bonds of
one thousand dollars Isl 0O'D each. or multiples
thereof dated October |. 1896 due April J. 1920.
with interest at the rate OF three and one-half
'oiD ner cent per annum payable semi-an
nuallv on the first days Of April and october In
each year. from October |. 1896
Principal and interest VIII be paid IN gold coin
NJ The United States or It's equivalent at the
Office Of the Treasurer Of the Commonwealth in
Boston.
The state Highway Loan" Is authorized by
ohan,.r lo7 Of the Acts of 1894 chapter 347 OF
the Acts Of 1895 and chapter 4Sl OF the Acts OF
1896
The right is reserved to reject any all bids.
All bids must he accompanied by certified
f. y. SHAW.
TREASURER AND RECEIVER GENERAL.
New-York tribune., 1896-11-19
Commonwealth of Massachusetts,.
TREASURY DEPARTMENT.

Boston. Nov. II. 1906.
Sealed proposals for the purchase OF bonds OF
the State House Construction Loan Tor SIX
hundred and twenty-five thousand collars
1SG2J. .OOO will be received at this office until
twelve o'clock. noon. Monday. Nov. % 1895, at
which time they will be publicly opened and
rend =, ,, =.
This loan will be issued In registered bonds OF
one thousar I'D dollars Isl 900 each: or multiples
thereof dated oct. ]. lSo0 due April !, lvlo
(3i5) per cent. per annum payable an
nuaiy on the first days Of April and October In
each year. from oct. l. lS.O
pr,rcinal and interest will be paid In gold coin
~ the United States its equivalent. at the Of
Gce OF the Treasurer Of the Commonwealth In
rhe ..State House Construction Loan" Is au-
tborIzed by chapter 394 Of 1SS9 chapter 40O OF
1895. chapters 531 and H5 of 1895.
Tha rirht Is reserved to reject any or all bids.
Ali hids must he accompanied by csrtned
checks for per cent OF the GmGnnsr Ssts nlW i"r
TREASURER AND RECEIVER GENERAL
New-York tribune., 1896-11-19
EUROPEAN FINANCIAL. MARKETS.

EUROPEAN FINANCIAL. MARKETS.
London Nov IS D. m-Conso's. 40 -iG for money
and 10 for account Canadian facihc 80 Ete
iT, Erie mrs, preferred 3si. Illinois Central Vs.. Mex
lean ordinary ~ St Paul common. is,: New York Zen
tral asi. Pennsylvania. 5ii.: Reading. log; MEXICAN
central p4r cent bonds, 20. Louisville and NASHVILLE
s2i: Achson common l57. India council o!ils were al
otted to-day - il-lGd per rupee -,
4:3O D. m-1he amount OF bullion Withdrawn from me
Bank of England balance today Is tlo.w" rarls
at l02 fancs wa c"'''i"S
Tor the account and exchange on London al - nahcS
o+,, cen,nes for checks.
New-York tribune., 1896-11-19
TO THE HOLDERS OF
PHILADELPHIA AND READING
RAILROAD COMPANY'S

General Mortgage Bon0s.
Eirst Second, and Third Preference Income
uonds, Deferred Income Bonds.
stock.
NEW YORK PHILADELPHIA. AND LONDON
November Q. 1895.
Referring 70 our circular OF May .. $780, no'ce II
given that after November 26 1885, no further de-
o.,,. =, the above described bonds and stocks will be
received under the plan Of reorganization.
nopos,,s will be received up that Sste. but only on
navnent OF the In full with six per cent
interest from the dates when the several nstalmens
were duo ard payable and penalty OF
500 90 per 81 900 General Mortgage Bond and First
Second or Third Preference Income Mortgage Bond;
SI.OO per share OF Stock;
30 per 81, 900 Deferred Income Bond
j. II. MORGAN Il CO..
% Wall Street. New York.
DREXEL * CO.,
5th and Chestnut Sts.. Philadelphia. Pa
j. y. MORGAN 4 CO.,
% Old Broad Street. London.
New-York tribune., 1896-11-19
Manhattan Trust Co.,

NOTICE Is hereby given that application VIII
~ be made or after December 49, 1890. TO Rocka-
Hunt Club and trustees under It's second mort,
gage the Issuing the undersigned OF $oW second
heretofore casually lost. All persons claiming any IN
notified present such claim 10 said Siuo anu
trustees prior to said date.
Dated November 18th. 1885, - . ,,onoua
New-York tribune., 1896-11-19
REORGANIZATION OF
Philadelphia & Reading Railroad Company
AND
Philadelphia & Reading Coal & Iron TO-

Under Plan and Agreement Dated
December II. 1893.
% WALL. STREET. NEW YORK.
November Q. 1885,
Notice IA hereby given that all holders OF certfca'cs OF
deposit OF First Second or Third Preference Income
bones Deferred bonds. Stock OF the Phade'-
nb,a Reading Railroad Company. under the said Pian
and Agreement who have failed to make payment OF any
a.sessncnt pavabe as heretofore called under said Pan
and who shall not lefore Novembe. 26 1896 make pay
men, all such assessments due thereunder "ose'"e'
with six per cent upon the amount thereof from
tn. several when such assessments were que ahd
pay,ble, and also a further equal to one-auarter
per cent upon par value OF such bonds or STOCK o
posted will upon Novembe: o6 1885, without further
notice or action TO be parties 70 the saio RIA"
ard Agreement or to be entitled to any beneh there
under or in the securities deposited assessments paio
oa Will, without right OF redemption absolutely FORFEIT
,hs,r bond. or stock deposited together with any par
OF the paid In such case the Managers
NAV soil such bonds stock deposited and all right III
the cash Heretofore paid in respect thereo or he ne"
securie, which may issued respect thereof 10 any
,ha.er paving such amount tho Managers may oe-
termne and the proceeds thereof Will be used ior any
~ the requirements OF carrying out the said fah anu az
reserve FOR the uses OF the New Company IN tne ois
cretion Of the Managers
PAYMENTS hereunder may be made at our ONCE as
,,ov. o. at the office OF Drexel Co.. Fifth and
Chestnut Streets Philadelphia or OF S. Morgan Co.,
Losdon.
JP. MORGAN 4 CO.,
REORGANIZATION Managers Philadelphia Reading Ran
road Company. under said Plan and Agreement
New-York tribune., 1896-11-19
Dipioeuo Notices.
IACI.EpE GAS LIGHT co. OF ST: LOUIS:
ST. LOUIS No. Nov. y, 1895;
ruyHE DIRECTORS Of this company nave DE-

cared the regular semi-annual dividend OF TWO AND
oNE~UAIF' PER CENT. the preferred Capital STOCK
and an extra ONE PER CENT on deferred pay On
nreerred stock payable and after Dec 10TH 1919 s.
follows New York stock. at the 9riee OF the cof
wall c.reet New York City. and the ST. Louis stocH
AT the Office OF Company All North Eleventh street
Transfer books will cese Dec. lst 20 18TH 1895 IN
o,,.,~a EMERSON McMIT.I.IN. President.
New-York tribune., 1896-11-19

coupon 5s at 112%, $4,000 atN1l25s and S5O
coupon Is Of 1925 at 119A Final quotations
New-York tribune., 1896-11-19

U,IRE INSURANCE STOCKS
Bought & Sold. aittu.,
e. g. BAILEY, ll5 Broadway. ~ Siui1
The morning times., 1896-09-13

ant touch worth noting 10 that extremely
modern article, a Yankee safety pin. ar
ranged in q case side by side with
similar invention from the Swiss lakes,
which must be 80 900 years old. Here.
too, are specimens Of the bones OF big
animals that once roamed the Jersey
marshes. Here are traced, each In
separate case and by excellent examples,
the development Of the axe, needle and
knife, from theifearliest totheir latest form.
You remember, do you not, reading in
the newspaper bow young. Frederick
Brokaw was drowned while trying to
rescue q drowning girl at Elberon! To
his brave memory his father has erected
q handsome gate to the Brokaw athletic
field. There are other memorials Alex
ander Hall, containing the chapel, is the
gift of Mrs. Charles B. Alexander. This
Is by far the finest OF the buildings, too
fine. in fact, to harnionize wen with
the scholarly quiet Of the rest OF the
canipus. The Harquand Chapel. the
Murray Hall. the gymnasium built by
Robert Bonner and Henry q. MarqUand,
and several OF the dornhtories thus per
petuate the names of their donors In
way that Is fine and wholesome.
II in some instances Princston's growth
may seem to have taken too florid ex-
preston through the favor Of the rich. the
wealthy student is still the exception. and
1t is Just as possible as ever for gritty
youths to work their way through college
at slight expense. Prof. Sloane, the au-
thor OF the Century's Napoleon" has
collected q number Of instances to show
this.
or seven highest honor men instanced by
him. four spent less than $500 year each
Many OF the honor students spent less than
$500. Some Of these pfuc.Ey fellows earn
more than they spend throughout the course
and graduate with more money in their
pockets than when they entered. As to
averages. OF course q comparatively few
"high rollers send them up. Only one case
isreported, ho viewer, of an honor man spend
ing so much as 81 900 year. In Harvard
q 900 per year is not an unbeard-of rate of
living.
1t 10 these sturdy Presbyterian men with
granite in their bones who will gather in
Princeton next month who will gaze In low
ing remembrance at the big cannon" and
the little cannon, relics OF King Georges
men, who win note the growth OF the ivy
planted by each successive class, and will
tramp the streets at night, singing:
Wen GRO wu thscennon with cloud,
Wen celebfafe its praise:
Recalling its old smoking song
OF good old bysone days
and
all with one accord rejoice
Inpraise OF old Nassau.
The morning times., 1896-09-13

under the elms, which. even then, had
attained lusty growth.
The solid walls have stood many siege
besides the polite attentions received from
the British Twice 1t was gutted by fire,
in 1902 and 1855. In 1914, discontented
students put two pounds of powder IN a
log, making w hat tthey called a "bigcracker."
and tried to blow 1t up, but the stout walls
resisted even this emphatic means OF per
suasiop At the opening Of the rebellion
the Stars and Stripes hoisted over Nassau
Hall were pulled down. Princeton had then,
as now and always, large portion OF
Southern students, but the flag was raised
again and never lowered until victory
crowned the Union arms.
Princeton has no secret societies, or
rather its secret societies are secret, un-
countenanced by the faculty Their
place is taken by two OF the most unique
college societies in America. These are
the Wing and Cliosophical societies, quar-
tered In white Grecian temples exactly
alike, fronting the rear campus The Clio
was fou nded in z 65 and the Wing in 1883
It Is claimed that the two rival plans Tor
the formation Of the Federal Government
in the constitutional convention, Madisonis
..Virginia plan" and ''Patterson's New
Jersey plan" were made by the Wing and
Clio men. Certainly, both these leaders
were Princeton graduates. Wing and Clio
are famous debating societies, whose rules
are alwa Us those OF the House Of Representa-
tives in session. 1t Is fitting that perhaps
the only American college fraternittes OF
pre-Revolutionary date should be intensely
patriotic in all their traditions.
The morning times., 1896-09-13
SAVED FRoMA rERR1BLED DEATH
Slide of Boy on the Edge of n Chasm
on Mount Lassen.

San FEuRcisoo Chronicie.
Thursday Ira Crum, of Chico, had q
most thrilling escape from DEATH, A PARTY
of thirty men and women, who have been
camping in the mountains. made the ascent
of Mount Lassen. The trip was a most
laborious one, the trail being exceedingly
hard to follow. when they rcso he'd the
top Ira Crum, one OF the party, who was
standing on the edge Of the IL ountain, lost
his hat, which blew but a short distance on
the snow. Thinking he could secure it
safely, Crum stepped out on the snow. No
sooner had he fairly started when his feet
slipped from under him and away he went
down the mountain. He slid with light
ming rapidity to the very edge of deep
precipicc, and there he stuck in the snow.
dau'ne gone six Ieet fur.ler ne Would We
fallen 1000 feet onto the rocks below and
would certainly have been dashed to
pieces.
The friends on top of the mountain could
see him clinsing to the snow for dear life.
His two sisters, Alice and villa Crum, were
in the party and were terribly frightened.
His friends at once began thinking of some
way to save him. At first they thou eht of
returning to camp Tor 4 rope long enough
to reach down from the top Ofthe mountain,
but IL was feared that Crum could not hold
on in his perilous position for the length
OF time 1t would take to make such a long
journey.
Atiast E. B. Collins OF Chico and Dr. De
Haven Of Red Bluff conceived an idea. This
was to take couple OF short sticks and by
starting on q level with the clinging bog, dig
a trail along the banks OF the precipice TO
where he was. This was an exceedingly
slow and dangerous undertaking, as ole
inisstep would have hurled them to instant
they found him nearly unconscious from the
cold and his hands and feet were nearly
frozen, Ira was finally released from his
perilous position, but Collins and the doctor
almost had TO carry him out, SO badly was
he used up by his rough experience.
The morning times., 1896-09-13
"PArHF1NDER' PREDECESSOR.
Z. b. LenOx of San Francisco Drove
the First Team to the Pacific.

Z. b. IenOX OF San franclscO Drove
the First Team to the Pacific.
San FrdRciscO Call.
Down In q coal office on Fourteenth
street, near Tenth avenue, Oakland. you
can find the man who drove the first team
TO the Pacific coast. He was pioneer OF
pioneers He is nearly seventy now, but
is yet hale and vigorous. He was horn in
Kentucky. Hisnameis E n. LeEox. Early
in his career his parents decided to try their
fortunes In the sparseiy settled midwest,
and $40 found them located In Missouri.
About this period Peter II. Burnett, who
then kept dry goods store in the town OF
westport in that State, heard of pack trains
being made up to go to the almost IN
known land Of oregon, and conceived the
idea of getting up party and going out
there to settle. To further this object he
used to perch himself on top of an old dry
goods box every Saturday afternoon and
endravor to persuade his hearers to start
with him. Atthis time Congress had under
consideration the Lyn bill for the purpose of
giving land to actual settlers In Oregon.
Possibly to his westport harangues more
than anything else did Burnett owe that
power OF speech which afterward raised
him to positions OF honor in Oregon and Cali
fornia. 1t was not long before people to the
number of peariy 800 hal agreed to make
up wagon train and start. Among these
was DR.. Whitman. whose name Is honored
among people familiar with the early his
tory OF Oregon.
Fremont is called the Pathfinder to the
Pacific" but this wagon train which start
ed from MisSo1ri preceded him.
Peter II. Burnett was the captain at the
The morning times., 1896-09-13

start" said Mr.. Lenox, but he resigned
shortly afterwarl. and my father, Daniel
T. Lenox, was elected in his place Some
strange things happened by the way. The
first river we came to had no bridge. and
we were ferried across by an old French
man who had fo1r canoes lashed together
The horses and cattle hai to swim. and
some o; the teamsters swan ahead leading
them. One young man. Mr.. Vaughn. was
taken with cramps and wouldhavc drowned
but for the timely help OF j. W. Nesmith.
who afterward became Senator from
Oregon. When we had been out on the
way for several days we met party Of
300 Indians on the varpath, with paint and
feathers on. all ready for fight. Our no.
BILE Christian leader. Marcus Whitman. ar
ranged with them to form a line on the
right. and then held a paTIey with them.
Their chief made signs that they were hun.
cry and had been without food for three
days, so father gave them a beef, and this
served to put them in a good humOr.
When their hunger was satisfied they let
US pass on without further trouble.''
The morning times., 1896-09-13
FOR A PLAYGROUND
BUILT ON A ROOF
The New York Board of Education to Experiment
With School Roof Garden.
IT Is TO BE FENCED WITH STOUT WIRE
Children at Play High Up in the Air Above the
City's Dirt and Noise.
A SPLENDID VIEW OF THE EAST RIVER
IT Is TO BE FENCED WITH STOUT WIRE


for a gymnasium and for manual training
classes, where carpentry and clay modelling
and sewing and cooking and all that sort
of thing will be taught and learned.
There are lots Of gyninasiums in schools
all over the country, but it is probable
that the Catherine street school will he
the first on record with a roof garden.
Still. IL the boards OF education in other
large cities like the idea they might have
roof garden schools built just as soon az
Mr. .snyder's, or even sooner, because the
Catherine street building is so big and
will be so carefully constructed that it
won't very likely be II finished under sixteen
nionths-tbat is to say, it will be ready
about the time school opens for the second
tern OF 1S97-9S
The morning times., 1896-09-13
PROGRESS OF ELECTRICITY.
But Few Years Have Been Required
to Bring 1t Into General Use.

Neto York Journal
The editor of a periodical devoted to the
news OF electrical development frequently
heard during the recent electrical exposi-
ton some wiseacre remark to the ladies in
his escort: "Ali very wonderful, but still
we must remember that electricity Is stiii
in its infancy" The editor, therefore, at the
close of the exposition, sent letters to
number OF gentlemen who have spent life
time n the pursuit of electrical science, with
the result that he has gathered some stats
tics that show that electricity is anything
but an infant industry.
1t appears that there are not less than
e.. 1000 900 telegraph messages sent in the
United States every year. The number or
telephonic conversations is 750 900, 600.
There are 2,7OO central electric light sta
tions and 4 900 isolated electric light plants
in bui,,iingsof all kinds. Theseoperate about
1 ,OOo, 900 arc lights and 15,OOo.ooo IN
candesceuts, as well as several hundred
thousand electric motors. The electric rail-
ways of this country reach 900, with l2'-
900 miles OF track and $4,000 cars it Is
estimated that directly and indirectly some
500 900 persons are interested in cleo
tricity as their livelihood and sustenance.
The morning times., 1896-09-13
COST OF MAINTAINING A NAVY.
European Nations Spend Millions of
Dollars in Building Ships of War.

durpeTS ueekty
With colonies in every part Of the globe,
England is peculiarly vulnerable to attack,
and the weakest and Smallest possession
must receive as great attention for defense
and protection as the strongest and largest.
Toward the maintenance of the navy no
dependency contributes, and the entire
cust IL torne by the people Of the United
Kingdo In.
TIC same condition applies to countries
other than England which have been reach
ing out for colonial empire In no instance
is the dependency OF sufficient weight to
DE allowed to control its foreign relations,
ON which peace or-war SO largely depends.
The first cost OF empire, therefore. is in
volved iD the expense of navy and that
this is true the annual expenses OF the navy
may be compared with the territorial ex-
paDsetobeprotected. Germany hasentered
upon colonial enterprise more recently than
France, and its possessions are OF less ex-
tent; yet its navy costs each year nearly
Sic, 100000. France, with two ard cne-
half times the extent Of colonial territory,
approximatcs $40 ,O0O. 900 for the same
purpose. The UDited Kingdom spends less
proportiDately in naval expenses, but is
| obi ged 10 expeDd SO ,CC0.GO0 year, and
I is in perpetual fear lest its naval efficiency
| fall below q strength necessary to cope
|
/ powers
Ir Italy and Russia be included, the total
| expenditures In an ordinary year on this arm
| or the service is S2uO, 100000, and in an
extraordinary year, under the influencr of a
war scare, half as much again may be appro-
priated to build up and equip new ships,
measure which involves additional ex-
! penditures in many directions.
A similar estimate OF the cost of the Army
would give an even greater sum. Forevery
collar annually spent on the Navy three are
expended on the Army, aud the five po wers
named pay out for the service 5000 100000
| each year OfthisoEe-halfmayt >oDsdered
as necessary for home defense and to cover
the educational advantages incident TO the
system; the other half may be set down as
| the erequireme nts sforiInpeTialGefense- 1--we
| allow one third of the naval expenditure and
| one-halfo of the military expenditure for what
| the nation as distinguished from the empire
requires there remains an expenditure or
S13s .ooU, ,ouO each year ofpeace above what
| would be called for were the powers OF Eu-
| rome to coniine their activities to the home
| sphere and not undertake political re-
| sponsibilities in distant parts