davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11
THE STOCK MARKET.

,,.a,ns IN stocks wss narrow and the move
-. - nrices was irregular, with maj "e'
oh.nges generally at declines Outside OF '"sa,
nasn,ry burlington. st. Paul. Manhattan anu
Reading there was little activity, ane pus"er,
~ these stocks amounting to 1861" shares' ou.
- q total in all stocks of 1'a'4l2 shares ousn'
w.anIus was an exception TO the genera ~ea cam,
,,e.s at a net gain OF nearly = per cent anu WV
the exception Of American Topacco' , ,r,'an'
valley. United States Leather preie,r.u -,
ing and Lake Erie and western NJ. ~" n,,y.
20. fractional net advances, the entire Aoer r,
mace iras IRA, ~. net losses averaging Il per cent
us, prices were wholly due to the
ssns and Su 20; to By ANY The
merits tass ~ element Is 1orking on the Theory
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11
CLOSING PRICES OF BOSTON STOCKS.
THE BANK STATEMENT.
Saturday. October 10-T

Saturday October l0-p. m.
The weekly statement of the associated banks
was not as favorable statement as last week.
but il did not in its various items make such an
unfavorable showing as was currently expected
yesterday. The demand for currency from the
interior offset by the receipts of gold from
abroad. the holdings OF lawful money showing
an increase of $11, 100. made up by an increase
of 50 $40 800 in specie and decrease of $2,6;S,-
200 in legal tender notes In the loan and de-
post items there were increases. which in loans
amounted to SO, 800 against $2,G2i,90o last
week. and in deposits to S3.73i 700. against &c.
364 400 in the preceding week. The increase in
deposits increased the required 1881 .92J.
so that the surplus reserve gave decrease OF
S926 800 to S1j.o99.20O. which is against S1i,-
1769OO in this week last year and $60S4132 in
the same time in 1894. Sub-Treasury operations
with the banks caused loss to the banks of
$17246S
The following are the comparative statements
Of October . and october 10:
Loan, s 81, doooo sr .? Inc FEET g Isl eco
fesSiif 49,! 1885, Dec bee
Pepo;lts 80 g, 100 4ss s. so inc as 20;
The following shows the relation between tho
spective dates:
Legai-tenders :. 74.4os.2oO T.77ocoo Dec. 2c3> zoo
Total reserve siso 200 800 slaO22O 400 Inc. SLIGO
asaIns, deposits iiaess,27, I4c2,2 20 Inc. sa7az9
surplu. ..... sl6.soe.o2s si559o2oo Dec. 500 50
The Clearing House statement for to-day was
as follows: Exchanges. S9iI l4lSI; balances
$6656411 For the week: Exchanges S''3H''-
liz: balances $50 1885,
'Bradstreets" reports bank clearings for
lightweight cities S1.o5S.172,i&'. decrease OF
q &l,o anlf in VI
increase OF S163 S45. l76 from last week. In
Canada clearings were $2l. 1ol 81. against sls.-
623. 1Jj last week and loss OF % per cent from
this week year ago
The following were the changes for the CORE
spending week of the three preceding years
1S95-Loans decreased S3.o362oo casn ,., G.
creased 81 946 700: deposits decreased SbhuN =
300 and surplus reserve decreased Hl,b.'-.o''
1s94-Loans decreased $1o9,Wp cash Increased
Sl725.0oO deposits Increased S: 10 sd anu
Loans increased S4.3If.2U: cash increased -
Mus reserve Increased SJ.26I 80.
The following table shows the pahK hol''"hS
on the respective dates;
Sc: 9a 10 20 500 S., 1000 90 ,.s y
LpssIe tender. : sscss9S li599 co.
Irpe9s,ion s:s 100 1so75oo @oao5 800
The following shows the rotation between the
total reserve and the total deposits OF the re-
spectye dates:
go ~ 100 500 sGi 900 81. s50. toj
IL gal tenders. VZo'V"'' '"''''o'' 1870
r, os.rve SOS 500 100 STAT 5ia. 700 $3.50 go 800
| Reserve required ~, ooo ooo
against deposits. 1tiI1+''1 l~'"'-'ooV I''"-I'-"'
! , $50 s,7s25 $AI760OO $i5.599. 900
surplus '''''''''' - I
orr ArrNENT OF THE ASSOCIATED BANKS
IN DETAIL.
| The following table shows the bank holdings
together with the percentage Of reserve held b.
nnoh hank National banks are required to keep
a reserve Of % per cent, and State banks one OF
II per cent:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11
Ciploen1 Notices
NATIONAL BANl
Bank Reports

REPORT OF THE CONDITION OF IiiE
IL NINTH NATIONAL. BANK NJ New .o y, ' q
state Of New-Yorl, the close OF BUSINESS O0'' -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11

Railway bonds were weak with net declines
in the majority OF issues. The principal losses
were in Chesapeake and Ohio consol os, : 10
1903: Kansas and Texas seconds. IA to ga
Reading first preference incomes. rs to 81; Al
Gibson general As, = 10 49, the Adjustment vs.
/. to 81: Reading second preference incomes. y
to rs: the third preference incomes. y to 2o'2;
the general As. Il to Az; Southern Railway
first rs. :, TO S1a,. and Texas and Pacific frst Is
y tn sos
Money on call was ) per cent. Time money
was nominal at per cent for all periods Inc
commercial paper market was inactive al uh-
changed rates; 1MS per cent for all periods Tor
the best names and above for those not so Wen
known.
The foreign exchange market closed the week
with nos,ed rates for sterling 81 S5d4 S3,a and
81 SJGi Sis for long and short bills respectively
Rates for actual business closed as follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11

The price Of commercial bar silver In THIS mar
ket was Gia,. Mexican dollars were quoted q,
ig7saJl2,. In London bar silver was uhc"a"seu
at - lJ-lGd. ,., ,,.,, ~,
Foreign gold arrivals 10 date. with amount on
, sblrbn,rd and engaged. S539sl W? LONDON
omen market price for gold bars. as. li1tu
Currency transfers h. the Suh-Trehfufy tp-uaH :
$4,000 Amount Of bullion Withdrawn ir'" ''''
Bank Of England to-day. fH}l"pl ...,
Money on cali in London was lH''t ~ 80
and the rate ~ discount in the open mar ~ ",
D. Der cent for short and long biIls ir''t'.
consols closed At 100 for money ana VS. ~,
the account French r.ntes closed n l"' ION. ~
ca confines Paris exchange on iry''U III Il,
francs 1Gi, ccntimes Discount rate h ~ ~ -
nor cont Discount rate in Berlin, "".""t ~
ren; T'he Imperial Bank ~ Germans han frIS'i
is discount rate 10 - per cent. IN "i'.'
,eeklv statement showed decrease IN SPe''e
of y.G 900 marks. Hmm. -
r T. Olcott. Henry W. io'r anu H. ,h
pousc tho committee Of bondholders q" w.
IouI.tilln Albany and Chicago i''lNd,
rofrnanv have prepared plan ana asfe'nv''.
for the foreclosure 81 the property ana 'hiSi'
20 another CORPORATION. and they invite an h"Iu
a,s ~ Tho consolidated mortgage bonus E'"'' az
NOR, ga ge bonds and equipment pph"S ~ "'r'i'
,heir securities with the Central Trust COMPANY,
No II Wall-st Under the pan the i,N'u
charges II the new coniphii ~ ,c'u ...,,,
s1Hs l5O for interest and S2loOoo FOR renta ,.
.cairst a not earning capacity or SiV'',',"',
averape during the last FIVE years StocKho.o. y,
.ro allowed To subscribe for the stoch Oh ''''
80, companv in accordance Win IL IIoPoSh
Giving IN the present preferred STOCK an cpua'
amount of common stock in the ne" 'oipoi a.
,inn unon pavmcnt Of 81 20 per snare. Tor which
an ao,ial amount Of new preferred stocK is given
in addition Consolidated bondholders reccNe
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11

fund was 81 100000. and the Individual deposits
subject to check were $1l.SOO.93o IA.
The Central National Bank, at the close OF
business October q. had loans and discounts OF
$1604 Cos 81 ard total resources, 81. ..SS ol
The capital stock was S2.0O,000, the surplus
fund 100000 and the individual deposits sub
ject to check were sJ.491 ,1J5 o..
The Mercantile National Bank. at the close Oh
business October H. had loans and discounts OF
So. 149021 GS, and total resources OF SlUoii'-
916 IS The capital stock was Sl,tooUo tne
surplus fund was 100000. and the lndivid o
deposits subject to check We're S3,34o,5:'o ~.
The National Park Bank at the close OF busi-
ness October 6, had loans and discounts OF
So. 63G, go -. lawful money reserve, S.,.o,; :
$50 30, and total resources OF S31,9s3.ooo 10.
The capital stock was S2000.000. the surplus
fund $500, 900 and the individual deposits SUBJ
ject 10 check were Sl6.U92.211 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11

'''"'S' -
s,ate Of New York County OF New-iork, rs:
III n NAZRO Cashier Of the above-named bank. do
:r,rlv swear that the above statement is the
pes' Vi '' H. H. MARIO. Cashier.
,,,,.or,h.s and sworn 70 before this 9th day OF
October. l>b r. W. f-i'i'iO'i - ->''"'' "''S'
Correct-Attest; .....,., =, ,,,,y
WILLIAM 2: TEFFT. ( Directors.
Holm X. CII.,EY
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11
FOREIGN COMMERCE OF NEw-YORI

FOREIGN COMMERCE OF NEW-YORk
IMPORTS OF MERCHANDISE.
We.t sndino ~, 10 1904 1885 1896
,jrvgoods ...... ii 73o lOi 90 J2s 100 SI.l3l.I29
q. neral merchandise. 5,s25.999 1..3oGo oSysf'"
Total for week 81 5l5 .N; $40 2JiOoi 81. $50 2i5
Since JuIv l.. 3li O2d i4l 40 yGi 3JI 800 ,19i
IMPORTS or SPECIE.
For IA. week - s273 e24 siG2aso s2.27I.Is
sinc. January i. Il 9j4 $50 - O15 sC3 G2, IS. Ti
EXPORTS OF SPECIE.
For the weex...... SISl.I52 SI5l.S,j SS93 2i0
since January ...Ili SIs 954 oo.3lI 206 o. 01s
or the specie Imports s2.2l3.30i was gold
EXPORTS OF MERCHANDISE FROM NEW YORK
From Jan to Gs2s1 $40 975 s25? 1881 s29oi 302
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11

BONDS-THE MONEY MARKET.
Sales of Government bonds were Sloooo reg
istered Is of 1907 at 1861. $4,000 registered IL
of 1925 at 1lJIs. and $4,000 coupon Is Of 1870
at ILL., Final quotations follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-11
rpORT OF THE CONDITION OF THE

IL NATIONAL, CITY BANK OF NETWORK at New
vr =, the state OF NewYork at the close Of business
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05

1t seems singular that a system in
which SO many interests are bound up.
should receive so little attention from
eminent writers is does our public school
system. Il is very seldom the subject of
a magazine article and when il is so it is
not treated broadly.
Oar school system has outgrown Its
perio9 Of Infancy and should DO longer be
looked upon as an institution which is to
give education sufficient only for the
business affairs of life; that Is education
tn the extent OF convenient thing for
Its possessor. An effort should be made
tails of school work have their value, but
they have not the power CT development
and that IL what the times demand
There IS 10 longer much danger that
many native born American citizens will
not secnre mastery Of reading and writ
ing. But the school should aim to en-
dow them with moral and physical force.
The school must keep pace with the
progress OF the times. People are now
dealing with social and economic prob
lens themselves. They should have the
power ofinterpreting signs correctly. The
schools must give this power and it must
come through a wider culture and more
tiexibllity IN method and programme.
Independent thought under competent
| supervision must take the place of
directed thought through narrow chan
| nels. When the people deal directly witt
| questions of tremendous import to the
! public good they should have the power
to deal with them intelligently. A change
is needed IL our methods of popular edu.
! cation, not a violent one. but one in har-
mony with existing conditions. 1t is
simply keeping pace with the evolution
of society.
The demands made UPON the general
intelligence of the people by a general
movement which can only be interpreted
as desire to bring government closer
to the people, are frequently toe great
| for action consonant with the public
good. But these demands increase rather
than diminish and though they may re.
suit in retrogression for the time beng
they are the signs of coming progress
| To make them blessings and not evils
they must be int rpreted properly, The
new forces mus. be properly disciplined
otherwise they will become the tools of
the self-seeklng,-a menace to popular
government instead of its sturdiest sup
| port,
A demand for share in government is
laudabie one. But those making It
should be prepared TO deal properly with
| public questions. Our schools are the
agencies by which this is to be accom-
| pllshed and to them public attention
should now be directed. II rs no longer
question of how best to carry an cleo
ton, bnt how best to educate the people
so they can share in the affairs of the
| government
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05

OK an issue of such transcendent i'm
poTtance as that upon which the late
campaign was fought, 1t is essential that
the truth and nothing but the truth be
told. The eXitement of an election made
it extremely difficult for people TO exer-
else their cool judgment upon a purely
business issue. Now II, may be, that
cool reflection will enable people to treat
the question with fairness.
There was no possible avoidance of the
conflict of this year. But just as the in
dustrlal panic of 1893 had its origin long
years before it became manifest, so did
the contest of 1896. which has thrown us
into a period of unprecedented depression,
have its origin so far back IN time that It's
connection with the inevitable contest of
1896 may not be readily perceived.
There Is no need OF recit1ng how the
government went into the banking busI-
ness IN 1861. 1t was a war measure and
escaped censure for that reason, but 1t
was the beginning Of all our financial
trouble, though the difficulty did not be-
come apparent at first. 1t is not fair to
charge this measure to the republican
party, though 1t was the child f that
party, because the country was IL straits
and 1t was the readIest means of securing
money. Had it been dropped at once when
money could be bOrIOwed,nO harm would
be doneand the exIgencies of the war would
have excused the unconstitutlonal1ty of
the issue. But things went from bad to
worse and changes were made In the su-
preme court TO get judicial sanction for
acts which were known to be uncOnstltu-
tlonal.
Here was republican precedent for what
Is being rightfully condemned TO day
Two wrongs do nOL make a right and the
appeal TO precedent Is an appeal to a
wrong to Justify one that is contemplated.
The resumption act was a half hearted
measure, and the spirit of populism which
was then IN its nascent state, was en-
cOuraged by the timldity o. the republi-
can party. Resumption, final and com
plete was defeated by reissue of green
backs; fat money 4 times of peace be-
came a policy of the government and
thus credit was given TO the wild theory
of the greenback party which was simply
a precursor of populIsm.
The republican party always com
promised with that element which de-
manded a currency which the best
business judgment would not approve
1t yielded to the silver men in 1873,
after having encouraged greenback
ism by defeating ultimate resump-
ton. The Bland Allison act was a
surrender to the silver forces, who thus
encouraged increased their demands
and received further concessions in
1890 by means of the Sherman law
The present democratic administra-
ton wiped that law out. but appetite
was whetted and resulted in the con
test of this fall. Let the responsible
ity rest where it should.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05

1T is by no means an easy matter 10
get ones mind off a subject which has alb
sorbed so much attention for months.
Everything had TO give way editorial 10
columns TO the financial question. II
was not wholly the disposition OF the
editorial writer. but there was q demand
for information on the part Of the people.
TIE paper which sought TO give this IN
formative and eschewed prejudice as
means of convincing, has acted IN such q
manner as TO preserve It's self respect,
even though 1t failed 10 make as many
votes as might have come from following
the other course.
II popular government s TO Ike, the
Intelligence and not the preiudices of the
average voter must be appealed 10 The
newspaper is the greatest vehicle OF IL
formation for the common people. Il
should furnish them nothing, which Is
known to be untrue, and the editorial
opinion should have the stamp Of honest
conviction. A false teacher Is more
dangerous than an anarchist, as on open
your homes 20 him and trust im plicIty to
his honesty.
Who would have his children taught
by a man who had facility IN believing
one thing and preaching another? PEG
pie cannot be dishonest in one thing and
honest IN Others. The beginning Of dis
honesty is ike the letting out cf water.
1t is insidlous il its progress and tireless
in the work of subjugatlOn. Dishonesty
in politics Is the most dangerous kind
as it does not meet with Febuke.
The man who can deliberately give asy-
lum to dishonesty 10 matters political Is
| on the downward road. and the news
paper which encourages 1t is a dangerous
element in the community whose inter
ests 1t pretends TO serve.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05
SURROUNDING COUNTRY
Diphtheria is decidedlyrn The decrease
in Milwaukee.

Diphtheria is decidedly IN the decrease
in Milwaukee.
The village of Ingalls,, twenty miles
north OF MarlDette was nearly wiped out
by fire on Saturday night last,
Another absconder has b+-n heard
from, this time the city treasurer of Sey-
mour. He writes from Chicago that he
took with him only SIS.
James Coxey of Baraboo gave himself
up to the police on Monday. He said he
murdered man by hitting him on the
head with piece ct coal.
QUITE a serious fire prevailed at For
rest junction Oh Saturday night last. A
number OF buildings were destroyed.
The loss is estimated at s2l 900.
Two girls of Milwaukee, Minnie and
Mary Fruecke pleaded guilty to burglary
on Saturday last and each was sentenced
TO months in the house OF correction.
Two brothers named Peterson were
drowned near Escanaba on Saturday
night by the capsizlDg OF their boat while
the! were trying TO board The lightship.
The father of Congressman Sauerher-
ring of Mayville this state. fell down a
flight of stairs on Monday and received
injuries which will probably prove fatal.
Fifteen guests of the Hotel Franklin,
| Manistee, jumped from the second story
| of the building on Sunday morning to
escape fire. Many we're burned and
bruised but there were no fatalities.
| Mrs. Rebecca Pireeiant of Milwaukee
| committed suicide on Sunday morning
| by cutting her throat with q razor. She
| had recently come to this country and
| became respondent through homesick-
| ness.
George Schenosky of Marquette this
state went duck hunting on lake Puck
away On Friday last and did not return
1t is feared that his boat upset and that
he sank in the treacherous quicksands OF
the place.
Two Milwaukee fools, and that city is
| full of them, made bet which is peculiar.
| 1t is that the person who losses is to quit
the United States, never to return. The
country would be the gamer if both
should GO.
Hunters in Wisconsin will try to secure
! the enactment Of law by the next leeis-
lature for the better preservation Of deer.
| This will be done by requiring hunters
from other states to pay a license for
hunting IN this state.
Two shots were fred at Father Zielin-
ski of Stevens Point, Polish priest on
Friday night. He and his housekeeper
we're seated at Il table near a plate glass
window when this shots were fired. The
bullets passed close to the heads of both.
John F. Whelan an old Wisconsin hun.
ter in company with four others claim to
have killed 100 deer during the short
season of this year. How they got the
deer home under the law now governing
is mystery to every one. Whelan is SO
years old.
Sunday morning young man in Fond
! du Lac who had assaulted. 10 company
| with others, some people who had taken
part in a republican parade, in attempt.
ing to escape on train had one OF bis
feet caught in q frog. The train passed
over 1t and it was severed at the ankle
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05
NOTES FROM BRANCH.

Miss Nettie Schneider leaves for
Milwaukee Friday.
Messrs A. Specht and W. Brown of
Mishicott spent Sunday in the village.
Miss Clara Plockelmann of Mani
towoc spent few days with her par
ents last week
Mr.. j. kanselsperger of Two Rivers
and Miss Tressie Drummer ofthis place
place We're married on Wednesday.
The young couple will take up their
home in Two Rivers.
Misses Ida Kunz and Louisa PITT
spent Sunday in Manitowoc.
Mr.. and Mrs. A Telber entertained
large number of friends on Sunday
last.
Messrs II. Halverson, H. Gustave-
son and } Schroeder are spending a
few weeks IN the northern part of the
state, hunting deer Their friends
are patiently waiting for the promised
venisOn roasts.
Mrs. A. Schneider who was serious
ly injured in runaway a few weeks
ago, has nearly recovered.
Miss Adele Lawrence who is at
tending the Oshkosh Normal spent
Sunday at home
The Branch Nine has gone into
winter quarters.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05
THE GEN ERAL RESULT

Mckinley is elected by a tremendous
popular majority of the electoral college
up to the highest claims of the repub-
Means. In addition to the states conceded
him he carries all the west central states
and Iowa. Minnesota, Oregon. West y1r.
gina, California, North and South Da.
kota. New1ork give Mckinley over
2n,ocO majority Pennsylvania still
more and Iowa $4,000. Wiscops,n's
majority is at least G0.OOO. Il is
said that Ozaukee is the only county in
the state which went democratic but this
is doubtful. Every republican congress
meu IN tie state Is elected Schlllipp is
defeated by about 1000 plurality. The
majority against Gruenewald in thus
district Is tally 1900. Altgeld IS defeated
In lilInols, contrary to expectations.
Chairman Jones of the deu o,rat1c ma.
t1onal committee and Washburna of the
popullst national comnittee insisted On
Tuesday night that Bryan Is elected and
that there is fraud in the report J Bnt
little attention Is giyento these y st cleo.
ton claims,
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05
AMONG FARMERS.

Roads IN this county have renamed IN
excellent condition throughout the fall.
Farmers are not sinking as many arte.
sian wells this fall as was there wont
when the drought was upon them.
Ordinarily on election there is not
much of farmer trade IN the city. But
on Tuesday last there was absolutely
none. The intense feeling which govern.
ed kept every voter at home.
The crop of apples for this wear for the
United States Is estimated 100000 bar
rels Michigan Is harvesting the fl nest
fruit crop 1t ever had. The foreign de.
mand tor apples is quite heavy and 1t Is
expected prices will be good.
All the reports from India are to the
eftect that there is a great scarcity of
wheat IN that country. The Mark Lane
express, an English authority on agri-
cultural matters, predicts quite a rise in
agricultural products during December.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1896-11-05

The Chicago convention bears a
load of responsibility of which the
men instrumental IN its outcome must
feeel 1t uncomfortable to bear. 1t is
not only the overwhelming defeat of
the national ticket which it brought
about, but it has brought defeat to
local democratic tickets which under
ordinary circumstances would not fail
OF success. Let the blame rest where
It belongs and be warning to future
national conventions that something
more than the success of the national
ticket depends upon their action. 1t
Is small comfort to the defeated ones
that they followed the party into for
hidden paths.
There Is one other lesson to be
learned; That fusion seldom leads to
success. Fusion at best is make
shift. lfpeople want to join the dem
ocrat party let them to do so as
individuals and let them accept its
principles. Making concessions is
abandoning principle and success
purchased at this price is very dear
The democratic party had some ex-
perlence IN this line with the green
hackers and it should have learned
wisdom from the result.