davidaulloa/AmericanStories huggingface dataset:
The herald., 1897-12-04
ON CHANGE
What Was Done Yesterday on Wall
Street

NEW YORK. Dec. 3-Outside buyers had
Withdrawn from the market today, and the
Held was apparently left to lie fallow by
the large operators who have been prom
inent In the manipulative movements Of
the week. The heavy throwing over Of
stocks by large operators yesterday to re-
alize and by others later to save losses
was well discouraged by the outside public.
The leaders were in evidence from time to
time, but their offerings seemed to be well
absorbed without effectfng any marked de-
clines. There was no evidence Of any ef-
fort to mark up prices. The action Of the
market suggests that large operators may
be attempting to pick UP line of stocks
at the decline, before pushing prices again,
with the purpose to realize while the public
is still buying. as was done on Monday and
again yesterday.
Sugar was exceedingly active all day,
and acted in very feverish manner, This
was partly due to realizing on stock bought
IN anticipation of the treasury's decision
10 pply the countervailing duty to sugar
imports from the Netherlands and partly
to confusion of mind as to how far the
diHerential on refined sugar would inure
TO the benefit of the sugar company A
large portion of the speculation was taken
up with this stock, and the offerings and
the weakness increased as the day pro-
gressed.
Union Pacific manifested some weakness
at times on account of the firmly expressed
intention Of the government to qualify
as bidder at the Kansas Pacific sales SO
as to protect its interests II necessary by
bidding in the property. Denials were also
offered on behalf of the reorganization
committee that any arrangement had been
arrived ut with the government for ac-
quiring the subsidized portion of the line
in Kansas. There was good support for
the stock Notwithstanding this published
news, and the Kansas Pacific consols Gs
trust receipts were also steadily held. The
wide irregular movements of some ypecial
stocks kept the general list very much un-
settled during the day. and it was diff
ficult to discern any marked general ten
dency In the trading. London was again
seller of stocks in this market to some
extent. There was little general news
bearing on the situation and the move
ment of prices was due almost entirely to
technical causes.
The business in bonds was somewhat
curtailed. Prices held firm. Total sales,
81. .95O, ,0OO
There was a net advance in the bid price
of United States twos of v, and on the
new fours of H.
The herald., 1897-12-04
A Decision on Agency

In the case Of Watts vs.. Bartholdi the
supreme court of Minnesota held that
every agency, whether general or spe-
cial, carries with it authority to do
whatever Is usual and necessary to car
~ into effect the principal power: that
the principal cannot restrict his liability
for acts Of his agent thus within the ap-
parent scope of his authority by private
Instructions not communicated to those
with wnom he deals. and that an agent
with authority to purchase or sell has
authority to purchase and sell in the
usual and ordinary manner; that an
hgent with authority to buy logs has
authority to agree that the measurement
Of the logs shall be ascertained by a
scale to be made In the usual and ordi-
nary way, and that they shall be paid
for according to that scale.
The herald., 1897-12-04
Real Estate Transfers


FRIDAY, December 3.
P. ]. and B. Brannen to j. NJ. Neeland--
Lot 49, p. J. Brannen tract; $780,
| Mrs. M. l.. Clark to A. c. Dezendorf-
Lots 20 and 80, Critics tract; $500.
University Bank of Los Angeles and Los
Angeles and National Trust Co. and o. H.
H. Churchill to c. E. Love-Lots /, q 8
and II, Shafer & Lanterman's reSubdiviS-
ion; $1,000.
M. j. and T. G. Smith to M. Miles-Lots
60 and II, Hiscock & Smiths First addition;
$500.
/ r. M. and Mrs. R. M. Widney to ]. w
Allen-South 10 acres of block "a, Maclay
rancho; $400.
E. and M. johnson to T. B. Case-South
half lot 26, block M, Monroe's addition to
Monrovla; $4O0.
J. D. and r. H. Englehardt to W. J.
Lundy-Part Sec. 10 N. 8; $500.
j. NJ and K. M. Neeland to M. E. Smith
Lot 43, subdivision of P. j. Brannen tract;
$3.50.
M. A. Johnson to G. ]. Barbite-Lots 81
and 32 blk A, H. N. Elliott's Ninth Street
tract; $4OO.
w. HI and A. Marshall to NJ E. and F.
Caldwell-Lot 3S and north half of lot SO,
block "a, Wofskil Orchard tract; $1,000.
| j. and j. Way to G. f. Brenner-Lots
to Q, block 4, Garvanza; 500.
H. M. and G. L. Conger to D. Tachet-
Lot 66 Wilson tract; $3.50.
W. NJ Fee and A. Van Wrinkle to Toluca
Fruit Growers ssociation-Part lot 159,
Lankershim rancho; $165.
H. and M. Zulauf to Toluca Fruit Grow
ers' ascociation-Part lot 1859, Lankershim
rancho; $500.
| j. l.. and j. w. Dawson to VIM. Winter
ton-Part lot 4, range 4, Temple & Gibson
tract: S1600.
J.. C. and ]. G. Cribb to j. Tuhachek-
Lots 81 and so, block A, H. N. Elliott's
Ninth street tract: $17o
S. J. and L. Allen to w. Fl. Messer-Lots
G. Z, and g. block c, NJ D. Painters suhdi-
vision; $685.
e. A. and e. H. Royce to r. e. Roediger
Lot Is, resubdivision of Turner tract;
$1,000.
| SUMMARY
Deeds ........................ ....... 4S
Nominal ................... 30
Total considerations ................. 23,670
The herald., 1897-12-04
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

CHICAGO, Dec. 3-Wheat started firm
at 9SMc and 9SAc for May, and al S5ssc for
December advances of 1sc and &c, res
pectively. May soon advanced to 9Oasc on
moderate buying by local shorts and by
houses with foreign connections. The
strength was due mainly to the action of
the Liverpool market, which opened with
a slight decline, but was back to yester
days closing quotation before trading
commenced here. In the course of few
minutes more the Liverpool prices had ad
vanced to from Y to I'D. gain for the day.
The northwest receipts still held at 1ol-
ume too great for any confirmation Of tn ,
claims made that farmers deliveries in the
northwest had materially decreased. On
the other hand, Beerbohm was reported to
have made a final estimate of the quantity
of wheat grown in the world this year,
which made 1t 160.000,0O0 bushels short of
that for the year previous, and 136, 900. 600
bushels less than the worlds crop I'm 1891
In which the United States and Canada
raised the heaviest crops In their history.
The export clearances keep up in a re-
markable manner. Six ports cleared near
ly 100000 bushels of wheat and flour for
the day. The estimate on stocks at north
west markets is an increase of $4,000 BUSH
els at Minneapolis and decrease of 100000
to 1,000. 900 bushels at Duluth.
The Thoman crop report came out dur
ing the morning. 1t claimed that the
amount of winter wheat seeded this fall
was per cent in excess in area harvested
last summer, and that 4S per cent of the
crop, equal to 275, 900. 600 bushels, was still
on hand. which is 100000 bushels more
than at the same time last year, and would
leave as available for export up to July
next 115, coo bushels The staterpent was
so bearish that although it was vigorously
1t caused sharp liquidation and
a decline In May to S9hc. Even December,
which had sold up to 96c under good buy
ing. was let go of in quantities sufficient
to cause break to'941ac.
There were renewed reports that the
of 900 cars at Minneapolis
was for the purpose Of bringing wheat to
Chicago before navigation closed. After
midday the market was better supported
New York reported so boatloads taken for
export. This stimulated buying toward
the close, and May rallied to 9oc. 1t was
selling at 89G at the close, and December at
Csc.
Corn was heavy and readily sympathzed
with the downward tendency in wheat
when that market was declining, but did
not so readily incline to follow the latter
on its later advance. Covering by shorts
caused late rally.
Oats were weaker, and N@Hc lower
early, but rallied and closed with only 1sc
decline.
The market for provisions was quiet, and
only limited business was DONE
The leading futures closed as follows:
w
The herald., 1897-12-04
REGENTS. Shinments
Chicago Live Stock

CHICAGO, Dec. 3.-Cattle-Extra beef
steers sold at 5.15G5.30, while common to
choice grades were quoted all the way
from 3.S5 to 5.10 Stockers and feeders
ranged from 800 to 4.45. and bulls. COWS and
heifers sold at from 1.5O to ESQ for the
poorer classes Of canning cows to s.5O@
AGO for choice bulls. Calves sold at 6.OO@
700 for best grades.
Hogs-Sales were at an extreme range
Of 3.1503.50 the bulk of the hogs crossing
the scales at 3.S003.45, and heavy packers
brought 3.15@S.3O.
Sheep sold at 3.s5@460. chiefly at 3. .5O@4. 80,
fed westerns going largely at 400. Lambs
sold at 3.75@5.50 very few going above 5.35.
Choice sheep were not vely numerous.
ReceiptsACattle. 5000; hogs, 81, 900; sheep,
1000.
The herald., 1897-12-04
Money Quotations

NEW YORK, Dec. 3.-Mcney On call easy
at 1KM2 per cent; last loan, 2: closed. 11aNJ2
per cent; prime mercantile paper, 31aG4 per
cent; sterling exchange steady, with ac-
tual business in bankers bills at Assn for
demand and at 4.S3G4.S3A for 60 days; post
ed rates, 4S464.87; commercial bills. 4.s21a
SAN FRANCISCO, Dec. S.-Drafts-
Sight 10; telegraph, 12R.
LONDON, Dec. 3.-Consols, 113.
The herald., 1897-12-04

are readily absorbed, and that in num-
Der of cases the bonds of American muni-
cipalities are selling at the highest figures
on record. The steadness and advance in
exchange has attracted little attention.
Nor was Wall street disposed to take much
account of the continued selling of our
stocks by London on g. small scale. In
feet the supply of Americans there is said
to be practically exhausted,
The herald., 1897-12-04
Mortgages, 1900 and Over

a. v. Bard ct al. to Equitable B. &
L. Assn of U. Slot 0, blk 10lS,
p. =. A., IL yrs, 10 $40 per cent?. 81,
Go. II. Woodward ct al. to Matte c.
0Arretson-Lot II, Thos. 8. Ewing's
replat, 5 yrs, II per cent. t.......... /,
Name to Thos. 8. Ewing Same; pay
0blo IN installments. /.
George L. McGahan ct al. to Walter
3. Ralphs-Lot 81, q. M. Frunk's sub.
OF WNhcrow trt, payable In INSTALL
ments, II per cent ........ 1.
Mrs. Emma West to A. q. Bsyer-W.
49, It: Of let 7. blk g. Westacres, 2
5ts: 70 per cent ...:.....s........,... 8,
p4etlia -. White to Leona Lebus ct
4l.--Lot %. Abbot Kinney trt. Tyr,
~ Psr cent ssss.ss.........,........ 2,
The herald., 1897-12-04
Dried Eyuit Prices

NEW YORK, Dec. 3.-California dried
fruits steady.
Evaporated pples-Common. 5@7c per
pound; prime wire tray, 76Sc; wood dried
prime, sac; choice, S1sc; fancy, 9@9lac.
Prunes-3G81sc per pound, as to size and
quality.
Apricots-Royal, 7@sc: Moorpork, 9@11c.
Peaches-Unpeeled, 7@10c; peeled, 1202Oc
per pound.
The herald., 1897-12-04
Petroleum

NEW YORK, Dec. 3.-Petroleum quiet;
United closed &c bid Pennsylvania crude
no market; nominally, S5c.
OIL CITY, Pa, Dec. 3.-Credit balances,
Csc; certificates opened CSC bid for cash oil !;
the first bid for options oil SIC, and which
was bid at the close Sales, none; ship
ments, 72,723; runs, 1885 barrels.
The herald., 1897-12-04
The Outlook Is Good

The Herald has compiled statistics
showing that nearly 4200 tourists arrived
in Los Angeles during November. Added
to the $500 who came in October. the
|outlook Is good.-Pasadena Star.
The herald., 1897-12-04
Silver Bullion

NEW YORK, Dec 3.-Bar silver, 595s;
Mexican dollars, 46M
SAN FRANCISCO, Dec. 3.-Bar silver,
5S9: Mexican dollars, 47147is
LONDON, Dec. 3-Bar silver. N 9-16d.
The herald., 1897-12-04
Treasury Statement

WASHINGTON, Dec. 3.-Todays state
ment OF the condition of the treasury
shows: Available cash balance 1920, ,176, 122;
gold reserve, $157, 454, ,03O.
The herald., 1897-12-04
Liverpool Market

LIVERPOOL, Dec. 3.-Close: Wheat
Spot No. red western winter, steady, Is,
91ad.
Corn-Spot American mixed, steady; 3s.
3d.. January, quiet, IS. 3D.; February, 3s.
1%d.
Hops at London-Pacific coast, E4 los. q
f5
The herald., 1897-12-04
GAN FRANCISCO MARKETS
Call Board Prices Of Cereals and Ship.
ments Received

SAN FRANCISCO. Dec. S.--Wheat eas-
Ter: December. 14SK: May. 1854
No barley.
Corn-Large yellow. eo0ss.
Bran-11.6o01s.00
The herald., 1897-12-04
Boston Quotations

BOSTON, Dec. 3.-Atchison, 12ta; Bell
Telephone. 261: Burlington, 96B; Mexican
Central, 51a; Oregon Short Line, 1871.
The herald., 1897-12-04

For the first eleven months of the wear
the sales were 265.0S6 shares, against
166.SS6 shares in 1896 and n ,316 shares in
1895.
The feature Of the market for the past
month. continues the Bulletin, was the
large sales of Market Street Railway at
4S to 52h. For the same month last year
the sales were 30S0 shares at AZ to 441l /.
These figures show an advance during
the year Of Sc to IS per share. The divi-
dends are go cents per share quarterly.
Recently two new members have been
added to the directory. namely, Mr.. /.
w. Hellman, president of the Nevada
bank, and Henry T. Scott Of the Union
Iron works. Business in all the leading
local stocks continues good. Bonds show
further appreciation. A lot of San
Francisco and San Joaquin Valley per
cent bonds sold by. the syndicate on the
LIST instant at 1O2. This makes $3.50, 900
distributed to date.
4 = =
Consul Monaghan, at Chemnitz, sends
an interesting report to the state de-
partment on German exports to the
United States. in the course Of which he
says: Germany is alarmed. Exports
to the United States are dropping off.
Nothing so alarming has appeared in
twenty years. America was always the
best customer in many lines Of manu-
features. In the September quarter of
1896 seventeen consular districts sent to
the United States goods amounting to
4.4S1, Ala. In the same quarter in 1897
the same districts sent $71S9,112. The
average loss all over the empire is near
ly so per cent. In many cases this in
dicates much more than mere money
losses to our revenues. It indicates q
diminution in exports from this empire
due to the Dingley BILL The public is
told to put little confidence in newspa-
per reports. even II accurate. Each issue
urges intelligent effort to retain the
United States market. Some papers
urge retaliation, especially in the matter
Of sugar"
The herald., 1897-12-04
Cash quotations we're as Follows.

Flour, dull and easy; No. spring wheat,
$780, No. spring wheat S21a@911.; No. 2
red, s5a95h; No. q corn. 25A: No. oats,
21A No. white, f. o. b., 241k; No. white,
+. o. b., 23G23& No. 2 rye. 46k4; No. barley,
t. 0. b., 23@42 No. flaxseed, 1O5@1 10; prime
timothy seed, 265; mess pork, per bbl., 7.2o
@7.25; lard, per 100 lbs, 42O@4.221k; short
ribs. sides. loose 4.1014.6O; dry salted
shoulders boxed, 1906; short clear sides.
boxed, 4.45@4.5O; whisky, distillers' finished
The herald., 1897-12-04

The sales for the first eleven months
OF the year were $3,297 900. against ST.
199.600 for the same time last year. and
81, 1886, 900 in 1895.
The sales Of local miscellaneous secur-
tiles at the same board for the month of
November were as follows:
The herald., 1897-12-04

DRESSED MEATS-All per h.: beef.
6@61s; veal, 6@S; mutton, 6h; lambs. ~:
pork, GN
TALLOW-Per lb.. 202N.
The herald., 1897-12-04
Releases, $1,000 and Over

n. L. Clayton to Mary o. Parcels
and Robert M. Parcels, SS1-222. -. 81, 400
A. c. Laird to w. Cannon, 52O-3O0. -. 1000
Eleven releases under $1,000. 3.671
fr -
Total ....- e6 OH
The herald., 1897-12-04
Mining Stock Quotations

SAN FRANCISCO, Dec. 3.-The closing
quotations for today on the stock exchange
were as follows:
The herald., 1897-12-04
Bond List

NEW YORK. Dec. 3.-The following
were the closing quotations on bonds
The herald., 1897-12-04
$500

JeHHI6 f1Ine9 ana Fred "A. HlneS 10
Mary e. Haynes-I.ots 20 and q, blk
3, Alvarado Heights, payable In in
stallments, II per cent................ 2,5O0
First Baptist church of L. A., Rich
ard Green, Cornelius A. Hubbard,
e. G.. Robinson, Geo. Giles and H.
j. Edwards, trustees, to American
Baptist Home Mission soclety-Part
5. blk go Huber trt. t................... 1000
Seven mortgages under $1,000. ......... $3.50
Total .S16, 800
The herald., 1897-12-04

u 8 As reg. .128A
U s As coup. 1881
U S 4s ......... .112A
u 8 As .114
U s 4s 2ds. 80
U s As reg..... .114H
U 8 As coup. .11414
District 81 IS. 1884
Ala Glass A.... .10S
Ala Glass B. .108
Ala Glass G. 100
Ala Currency. SO
Atchison 4s 80. S8A
Atchison ad As. 56
Can South 2ds. .107
Canada Pac lst. -
Chi Terminal :. AN
c & Ohio IS ..1121h
d & r g 4s.... S9A
C Fl & d as. .1NM
d & r g lists. 1854
East Tenn lists 1924
Erie Gen As .... TN
F w & D lists. 68
Gen Electric IS. 99M
G H & s A 6s. .1N
do 2ds. 100
H & T G 5s. .112
do Con IS. .105
Iowa Cen lists. 97M
Kan P CON t r.. S9H
Kan p 1st t r. ZIP
La n consols IS. .100H
L & U N 4s. Sc
Missouri 6s. 100
M X & r 2ds. 627b
do As. 86Z
N Y Cen lists. .119
The herald., 1897-12-04
Closing Stocks

NEW YORK, Dec. 3.-The following
were the closing stock quotations today:
Atchison ...... 12N do pfd 141A
do pfd.... 2sas st p 6 Omaha. Is
The herald., 1897-12-04

lodl tAAAlOiC " ~ IL
Canada Pacific S0i4
Canada South. "a
Central Pacific II
Ches & Ohio. :. 2%
Chicago & A. .161
c Il & Q. $685.
Chi a. E Ill. J2ih
c C c & st L.. 33X
do pfd. rs
Del & .109N
D L & w. .153
D & r G. liz
do pfd. -. 45
Erie (new) .... 14ss
do 1St pfd 36
Fort Wayne ..169Z
ct Nor pfd. ..13O.
Hooking Val. :. 5h
Illinois Cen. .102k
l. f & w. 16
dd pfd. :. 6Sk
Lac Shore go. 17A
Louis & Nash. 54%
Manhattan l.. .104A
Met St Ry......11S
Mich Central ..10s
MINI & St L. :. 25%
do pfd. 81
Mo Pacific .... 31M
Mobile & Ohio. rs
M K & T. 12%
do pfd. -. 34ss
Chi Ind & L.. 9
do pfd. :. 27
N ] Central.... SeA
N Y Central. ..1O7
N Y G & st L.. 1sN
do 1st pfd.. 73
do I'd pfd. :. 80
Northwestern 1917
North Am Co.. AZ
North Pacific. 20
do pfd. =. 56i&
ontario g. W.. 1885
o~o ~ O. N &C
Ore Short Line u
pitlshurg .167&
Reading ........ MA
Rock Jsla nd. E. S9lh
st L & SW.... TX
do pfd. :. 56A
Ga n-,.Y ooaS
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-19
GEN. MILES COMES HIGH.

II is no secret that outside of military
circles the average citizen of this coun-
try had been disposed to esteem General
Miles as a good deal Of swell. Miles in
his time, has seen some service, been
accounted considerable Indian fighter.
But Miles has splurged not little on
paper, and been on dress parade gen.
orally for years. However, the plain
people have been inclined TO lean a lit
tie towards him because of the fact that
not being q regular West Pointer, the
average army officer did not like him.
But General Miles trip to eastern Eu-
rope TO observe the war between the
sick man and the dead man has called
out no little badinage from the fact that
he did not start until the war was prac-
tically over. That he will witness no
fighting is certain. Three or four OffiC-
ers accompanied him, and they are re-
ported as having a good time crossing
the Atlantic. Now there is gossip in
army circles concerning the entire ORR
entail procedure. There is also much
conjecture as 10 the real object of the
generals mission. He can hardly reach
the Golden Horn in time TO see even a
little of the conflict he was supposed to
study and report upon for the benefit of
American soldiery.
Before leaving Washington the gen
eral drew $1,000 from the pay depart
uent to cover expenses to the east, and
1t leaks out that for his own passage to
Southampton, exclusive of his aide. he
provided himself with the most sump-
tuous quarters to he had on the City of
Paris, at an expense TO the government
Of 500 for one way. His brother Of
ficers are specializing on the probable
cost Of his trip. assuming that he Will
be away about three months. The $500
will cover a trife over five days, and
$500 for similar return berth viii
make $1,000 for but ten days.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-19
WOMEN IN EMPLOYMENT.

The assertion made by labor union
authorities TO the effect that one of the
troubles with the labor interests of the
times is TO be found in the great num-
her of women who are rushing in to fiji
the places and do the work formerly
done by men, has lately been denied.
But a report issued from the depart
ment of labor at Washington by the
general government makes some rather
startling revelations. l. is a general
summing up Of me ascertsinable fig-
tres relating 10 the employment of wo-
men in the various money occupations
and shows that 10 he true which has
been both claimed and denied. 1t is
made III obedience Ia a resolution Of
congress in 1894. To make the report.
1.061 establishments were examined.
located in thirty different states. and n
total of 94.529 persons were found en-
ployed. An examination was taken in
a certain week during the years 1895 or
1896 and the results We're COMPARED
with the state OF things in one week
al least ten years previous. In most of
the tables presented the comparison
also includes ho.1 males and females
of is years and over or of under Is
years. The ndmber of persons EMPLOY
I'd in a31 establishments. for which fun
reports are secured. shows a decided in
crease. OF course. during the ten years.
both in male and female workers. but
the rate OF increase of female workers,
especially the young. is remarkable
The males over Is have increased GIL
per cent, and the males under Is $40
per cent, while the corresponding fig
rres for female workers are Cts and
SCI per cent. In Michigan the females
under is who have taken TO working
for living have Increased 334.9 per
cent. and in Maryland the increase has
been 1854 per cent In New York
state the number Of working boys TN
der is has increased 6S per cent and Of
working girls 81 per cent. AS 10 the par
ncular industries involved. tie increase
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-19
THE THIRD RAIL.

At the Worlds Fair, Chicago, an ele-
waited electric railway was operated
about the grounds by the use of a mid
die rail to carry the current OF electric
ity. instead of wire overhead. The
trolley wheel ran on this third rail. The
appliance worked to charm. But with
the closing of the fair went the three
rail railway. But now a surface cleo
trio railway of the same pattern has
been built between Hartford and New
Britain. Connecticut. 1t works all right
and railway men everywhere are inter-
ested in it. They ran a motor, last
week, over this road a distance of ten
miles in thirteen and half minutes.
The rate of speed maintained for the
ten miles is equivalent TO about sixty
miles an hour The jar was said to be
much less than that experienced when
steam power is used. The experiment
further demonstrated the possibility OF
getting one-horse power out of two tons
Of coal with electricity as the power.
instead of one-horse power out of seven
to eight tons with steam as the motive
power. The economy of the new de-
parture is at once apparent, If the fric-
ton in the transmission of the current
can be overcome and the necessity of
a multiplication Of power stations thus
be averted.