davidaulloa/AmericanStories huggingface dataset:
The herald., 1897-06-27
INSURANCE

Fire losses in the United States for the
week ended June 18th aggregated $1,673,-
091.
The United States Casualty has reinsured
all Its outstanding burglary risks with the
Fidelity and Casualty.
The Supreme Court Of Ohio has decided
that death caused by accidental drowning
is death through external, violent and ac-
cidental means; also that the term vol
untary exposure to danger" relates only
to dangers of substantial character Of
which the assured had knowledge and to
which he had purposely exposed himself,
intending at the time to assume all risks.
=
Under a. contract of mutual benefit life
insurance, by which the association agreed
to pay to the beneficiary named the amount
of the certificate, on the death Of the
member while in good standing on the
books of the association, and providing
that, on a failure of the member to pay
the monthly assessments by the last day
of each month, he should stand suspended,
but might become reinstated by payment
of all assessments due within sixty days
thereafter, the association is not liable on
the death of the member while delnquent
on the books, and he cannot be reinstated
after his death, though the sixty days have
not capitalization VS.. Supreme Council,
American Legion Of Honor (CaL) Al P. 375.
+ + =
The beneficiary designated in an endow-
ment certificate issued by fraternal insur-
ance society acquires no vested right to the
fund named in the certificate till after the
death of the member to whom the certifi-
cate is issued.-Voigt VS.. Kersten Oil. Supp
45 N. E. 543.
=
A policy which the late Alexander Her
mann. the magician. took out with the Con-
necticut Indemnity association was as
signed to Henry ]. Baker, to whom the as
sociation refused to pay the insurance as
he had not signed the necessary forms. The
matter was referred to Superintendent
Payn of New York, who sustained the
action of the association.
+
The Mystic Workers of the World are at
present confining their operations to the
Galesburgers Of Illinois, the Royal circle
is recruiting from the circles of Decatur
in the same state, and the Prudent Pa
tricians of Pompeii are perambulating the
backwoods of Michigan. We have not
heard of the Celestial CLANS of Chicago or
the Muttermilchen Muenchenerbrau
Gesellschaft Of Milwaukee, but the supply
Of fools is not yet exhausted.-The Inves-
tigator.
The herald., 1897-06-27
ON CHANGE
What Was Done Yesterday on Wall
Street

NEW YORK, June 26.-Todays stock
market showed subsistence of the appre-
hension caused yesterday by the volume
of the gold shipments for the day and
week and turned again to the bull side with
greater animation and confidence than
ever. The market sold off to some extent
in the first hour in continuation of yester-
days gold fears and on the reported opin-
ions that the coming week would witness
the shipment of an even larger amount of
gold. The theorists in favor of neces-
sary reaction in the market were at work
on this basis and sought strenuously to
bring about the reaction which they con-
fidently maintain is long overdue in the
market and must come ultimately. The
st. Paul statement for May showing an
increase in gross earnings of s1O1, ,719 and
a net of 1876 was the first to stem the
downward course of prices. The low point
of the morning was slight fraction below
last nights close in many stocks. The
rally was characterized by great anima-
tion and by heavy dealings, the prominent
stocks changing hands in large blocks.
Sugar occupied fourth place in the list
in point of activity but was strong
throughout, though under some apparent
restraint. Selling for account of a large
ilpside interest is varously attributed to
q purpose to keep the price down as a
mI.Aftter of policy during the tendency of
the tariff bill and a desire to realize
Through fear that the sugar schedule will
lie altered in conference between the
houses of congress. The week has wit
nessed further notable rising of the level
* prices, the advancing being especially
potable in the grangers group and not be-
ing so we'll distributed through the list
as in some previous weeks. The market
rs a whole has firmly resisted all attempts
~ work a reaction, the severest strain
Gaming on Friday, with the news that the
JEaaak's gold shipments had run UP to a
A,&pre exceeding any week since the first
dT the present movement. The present
hilgh level for prices is generally recog-
The herald., 1897-06-27

A. u3k: xa4sy - = et1llA 4 .a
xuples SDvSporat ~: ~ exsoG =
Peophes-yancy. ~: ohetoA ~; peoA1'
ard. *; prime. Z: peele1. u bpxoD, ~ -
Pears-Eancy halves, .: fancy Quartesp.
Plums-Pitted. &: unrttted. IL.
Prunes-Four sizes. 3.f09x
Nectarines-Fancy, *; cholcea e34i
standard, l.
Figs-Choice white. 3: black. Z.
Raisins-Jobbing prices: In sacks Or D.
lb. boxes-Four-crown. loose. *; three
crown. ~: two-crown, *: seedless Sui
tanas, *: sesdless Auscatsls. ~: dried
grapes In 2c-lb. boxes. three-crown London
layers, Lis.
Butter-Fancy creamery. 10 per lb.:
common do. l5@l5M; fancy dairy. 1<Qlth;
good to choice, 1904; common. l101a
Cheese-Fancy mild new. s@Sh; fair to
good. 10TH; California cream cheddar.
10@11: young America, S99; eastern. II
Is; western. 111k@12h per lb.
Eggs-Store. 10012: ranch, 1905: duck
eggs. is per dozen.
Poultry-Turkey gobblers, 1l012 per h.:
turkey hens, 10D11; old roosters. l.oo0l. rs;
young do. 6.0o@7.5o per doxen; small broil-
ers. 1.5o@2.5o; large do. s.0o@4.0o; fryers. 400
@4.50: ducks. old. S.259s.50: ducks. young.
s.00@4.50; geese, 75@1.00: gosangs, 76@1.W;
pigeons, 1.2511.50.
The herald., 1897-06-27
San Francisco Produce

NEUTRALITY-SUSPICIOUS. per ton; California
bran. 13.5O@14.5O per ton.
Hay-Wheat, S.OO111.OO; wheat and oat,
7.OO@10.0O; oat. 6.OO9S.5o alfalfa. 5.0O99 90;
clover, ss.oOds0O; stock. 5.00@s.O0; COM
pressed wheat, 6.50Q1O.O0. New CROP
ley, 5.O0@6.Oo; best barley, 6.o0@7.OO; alfal-
ia, 5.OOM5.5O.
Straw-Per bale 35650
Dry Beans-Pink, 1.00G1.10; Lima, 1.50@
100; small white, 1.00q1.10; large white,
1.00@1.10.
Potatoes-New, in sacks, 40975 per cent
al; do in boxes, 5O@1.0O per GENITAL.
Various-New red onions 65@7O per sack
cucumbers, 4OG60 per small box; dried pep
pers, 6@7 per lb.; garlic. 11aG2 per lb.; COM
mon asparagus, 5OM1.00 per box; choice do,
1.2511.50 green peas, 2@2s per h.; string
beans, A@3 per lb. bay SQUASH 5O@6t
per box; tomatoes, 75@1.00 per box: rhu-
barb, 25@40 per box; green corn, 1920.
Fresh Fruits-Apricots, Royal, 2O@4O
peaches, 25@50 pears, 20@4O per small box
Longworth Strawberries, 2OO@4.OO pei
chest: large do, 2.0O@2.5O per chest; goose.
berries, 1@2 per lb.; blackberries 1.5O@2 81
so per box currants, 1.50@2.50 per chest
apples. 2O@SO per small box: raspberries
395; figs, single layer, 25@35; black dt
double layer, 4Oq60; white do double layer
35G60.
Citrus Fruits-Ordinary navels. 1.50@30t
per box; choice navels, 3.50Q5.00 per box
Seeding oranges, 1.00@1.50 per box; Medi.
terranean sweets, 1.25Q1.50 per box; Mexi
can lines, 7.0007.50; common California
lemons, 75@1.50 per box; choice do, 2.O0u
2.50 per box.
Tropical Fruits-Bananas. 1.000200 pei
bunch; pineapples, 2.00@4.00 per dozen
Persian dates. per lb.; Smyrna figs, 13Q
IA per lb.
Dried fruits, jobbing prices furnished BY
the San Francisco fruit exchange:
Apricots-Fancy Moorparks. 121x; choice
The herald., 1897-06-27
Local Quotations

The produce market closed for the week
with firm tendency. Dealers reported
business good and prices well maintained.
Arrivals of green fruits are heavier and
local stock is coming into the market.
Cherries and currants are about out and
arrivals from now on will be light. A total
of 1900 packages came in from the north
yesterday. There will be no further ar
| rivals of watermelons until the local pro-
duct comes in. about July 4th. One more
carload of bananas Is due to arrive on
Tuesday, which will end that fruit for this
season. The general tendency in prices of
fruits and vegetables Is downward. owing
to increasing supplies. Some fine mush-
rooms, raised by new forcing process.
were yesterday received by large fruit
house and are quoted at 81 per pound.
In butter. eggs and cheese there is little
change to report. Eggs are selling at 1211zz
cents as about the top, some sales of large
lots being made at IL cents. Store and
eastern eggs are In quantity, which tends
to hold down the price OF fresh ranch.
large quantity Of coast creamery Is due
to arrive by Sundays steamer from the
north, which may have the effect of caus-
ing weaker feeling In local brands, which
are now holding at 5Q71s cents higher for
no appreciable reason. except that the
creameries have combined to hold up the
price. Potatoes are about the same, with
only fancy lots bringing top quotations.
EGGS-Fancy ranch, 121z: fair to sood,
111s@12.
BUTTER-Fancy local creamery. per 4
lb. square 45; fancy coast creamery.
per 2-lb. square, 37laqlo dairy 1%-lb. rolls.
S0@S21s; fancy 2-lb square. s5Q37h; tub.
fancy, II.
CHEESE-Local factory. large size. s1s@
10 do Young America, 1O1h@l1; do 3-lb
hand, 111sd12; Gsc extra per lb. when cased
for shipmenD; northern full cream. 50
| S1e. 80.
POULTRY-Hens. 425@45o per dozen;
young roosters. 4.50@5.0O; broilers. 2.500
800; old roosters, 3.50Q400; ducks. 3.00GS rs:
(Coptjpued IN pa 100 o2N
The herald., 1897-06-27
Money in Bank

NEW YORK, June 26.-The weekly bank
statement shows the following changes:
Reserve, increase, $S4s 200; loans. increase.
So, ,13O, 800; specie, increase. $35o,OOO; legal
tenders, increase, $1.SS9.S00 deposits, in
crease, 81 566, 400; circulation, decrease,
s121 800. The banks now hold $40. $50 in
excess of the requirements of the 20 per
cent rule.
The New York Financier says this week:
The statement of the associated banks of
New York city for the week ending June
26th is favorable, insofar as the expansion
in loans is concerned, but despite the drain
of cash to Europe and the employment
of funds in other directions, idle money is
Etil accommodating in New York. The
total surplus cash is now close to $50, ,000.-
600, an increase of about 81, 900 900 more than
last month. At the same time loans have
expanded no less than $17, 900, 900, while de-
posts have increased nearly $25, 600, 900.
This is an extraordinary movement. That
there is some relief in store for this con-
gested condition. the statement clearly
indicates. OF the increase of So. 800 in
loans reported, the gain was made by no
less than forty-two of the sixty-six banks
and deposit increases were evenly dis
tributed. Two of the banks, the Western
National and the Fourth National. appear
to have been responsible for half the in
crease in loans, but the remainder has gone
banks. An encouraging feature of the
situation not shown in the statement is the
fact that the banks are doing largely
increased business in commercial paper, a
| canvass of some of the institutions show
ing that the greater part of their new loans
were of this character. Rediscounts are
also reported by many of the banks in
larger volume and preparations are being
made for a heavy demand in anticipation
| of excellent crops. AS was pointed out in
! this analysis last week. loans are ap-
| preaching a record-brealsing feature, and
| bid fair before fall to exceed anything ever
known in the history of the clearing house.
| The money now flowing to New York is
said to be from the larger banking CEN
| ters rather than from smaller places. The
other items of the statement are in keep
| ing with theincrease reported, although
the deposit total seems smaller than other
changes call for. The withdrawal of legal
tenders for gold export purposes the lat
The herald., 1897-06-27
SAN FRANCISCO MARKETS
Call Board Prices of Cereals and Ship
ments Received

SAN FRANCISCO.J June 26.-wheat easy;
December, 1.23as bid. Barley easier; De-
cember, Tx asked. Corn. large yellow,
90d1.00. California bran, 135O11450
Flour-Family extras, 4.50d4.65; bakers
extras, 4.3O94.50 superfine. 4OO14.2O
Wheat-Shipping. 1.221a91.25; milling,
1.271a61.35.
Barley-Feed. 7o971A; choice bright, TN
Q73A; brewing. S5@90
Oats-Common white. 9591.071s: good to
choice. 1.10a1.20; fancy feed, 1.2561.3O
Receipts-Flour, quarter sacks, 24OS; do
Washington, 1882; wheat centals, $3.50: do
Washington. 1850; barley, centals, 2690;
oats. centals 95; do Washington, $50; beans,
sacks, 10; corn centals, eastern, 400; pota-
toes, sacks, 1888; onions. sacks, 3S2; bran,
sacks, 1882; middlings, sacks, 225; hay, tons,
6S2; straw, tons. 8; aaxseed, sacks, WASH
ington. so; wool, bales 1856; do Washington,
1873; hides, number, GAS; rasins, boxes, 500;
wine, gallons, As, 100.
The herald., 1897-06-27
Receipts. Shipments.
Chicago Live Stock

CHICAGO. June 2e.-Cattle-The pens
were practically bare today. as is usual
on Saturday, and the market was largely
nominal one. The few cattle offered for
sale were taken at yesterdays prices.
Sales were at an extreme range Of 3.10@
3.521a for the poorest to the best hogs, and
at 2.25G35O for pigs. the bulk of the hogs
selling for 3.S71k13.45. Sheep-Spring
lambs sold at 335@5.50; largely at 4.5O95 so;
yearling lambs sold at 3.50G4.75 and infe-
ror lambs went around 800; sheep sold at
2.5Od3.65; heavy natives sold very dull at
3.1563.25.
Receipts-Cattle. 100; hogs, 25.o0o; sheep,
1OOO
The herald., 1897-06-27
CHICAGO MARKET
Yesterdays Transactions on the Board
Of Trade

CHICAGO, June 26.-Nothing else was
before the vision Of wheat traders at the
opening but the ever-growing spectre OF
July corner. The usual news OF the DAY
had little to do with the days trading.
Traders watched the brokers who were
supposed to do the bidding for the men who
were credited with the manipulation OF
July, and as they bought or sold, so did the
crowd. July started at q surprising pace;
it's first jump was at o rise OF from ss TO
NC per bushel, TN to 724 being quoted at
the outset. This was followed up with
few Kangaroo bounds that took the price
to 1914. That appeared to be the height
of its ambition for awhile and during the
remainder of the first hour 1t indulged IN
a series Of erratic sputters like handful
of lighted f1recrackers. From 7S1a down to
721a, up again to 731a and next to ~, were
some of the more notable Of its gyrations
of the first hour. September opened at
64%, compared with GAYS, its closing price
the day before. After touching 643s, 1t
hung between that and 64ss with very lit
tie doing in 1t for an hour. Then 1t sud-
denly sprang into activity. Poor reports
from Russia and the Danubian provinces
started buyers and so lively did the de-
mand grow that July was for time neg
lected and September rose to 66. Much OF
the September buying was supposed TO
come from the same source as the July
DuyluS. Iuo TtCtlPtS dt ShiNnoO "NAS =
cars. Minneapolis and Duluth reported
the receipt of 2s3 cars against $50 cars the
corresponding day of the year before. The
weeks exports of wheat and flour from
both coasts were 2.1S6,000 bushels against
2347, 900 the week before and 2.S37, 900 year
ago. Argentine did not ship any wheat to
Europe this week. A year ago Argentine
shipments for the corresponding week
were $4,000 bushels. The export Of wheat
and flour for twenty-four hours from At
lantic ports were equal to $4,000 bushels.
September maintained its advance. 1t
touched 6eh and closed worth 6bsQ66c.
July, after all it's early bluster. closed at
72ss. Corn was slow within an extremely
narrow range, with prices shade easier
most of the time. Oats were dull within
NC range. A limited trade was done in
provisions. The feeling during the early
morning was easy but steadied later as
wheat continued to show strength.
The leading futures closed as follows:
The herald., 1897-06-27
Liverpool Market

LIVERPOOL. Juno 26.-Wheat. spot. No.
Q red western winter. no stocks; No. ]
northern spring closed steady at Bs shd.
Corn, spot American mixed new closed
steady at Is sgd; do old firm. - sid;
futures steady; June Is SID; July. 70 sgd
August, 2s 3d. Pacific coast hops at LON
don steady at 50s@70s.
BOSTON, June 26.-Atchison, 1z3k: Bell
Telephone. =; Burlington. s43t: Mexican
Central, 8; San Diego, 8.
The herald., 1897-06-27
81, ,267, 800 s1,4s1, ,s2S 81 s5o 61s


The figures for June, 1897, are up to the
10Th inclusive. The statement shows a
sustained activity which. perhaps, cannot
be paralleled in any other city of propor-
tionate size Q03,O0O. Bearing in mind.
also, the fact that building costs here today
nearly SO per cent less than it did in 1895.
1t will be seen that investors in this class
OF security have been able to accomplish
vastly more for the outlay they have made
during the current year than they OBJ.
tanned for similar amount two years
ago.
An important decision affecting munich
pal bond issues has been rendered by the
Court of Appeals of Kentucky, which has
passed upon the issue of $55S, 900 of per cent
4o-year refunding bonds recently issued
by the city of Louisville, the entire issue
OF which was taken by Street, Wykes &
60. OF New York, at a premium of $40 0O0
The city was enjoined on the ground thai
the issue was invalid. inasmuch as it re-
allied more money than was authorized.
The Bond Buyer says: "This has been up-
held, and therefore sufficient number of
bonds will be recalled so as to leave the
amount realized sos 900. This in the future
will necessitate conditional bond issues.
anu mas raised a new point in municipal
finances"
+ = +
The statement of unclaimed deposits
published according to law by Wells. Fargo
& Co.'S bank includes only three items. ae-
gregating $2527S
= + +
The net earnings of the Western Union
Telegraph Company for the first quarter
OF the current calendar year were 81. l.0Ss.-
bSS. For the quarter ending June 80 the
net revenue is estimated at 81, $50, 900 and for
the fiscal year $5,772 500.
= +
The National Druggist Of St. Louis
points out that there are as fine quarries
OF photographic stone In Tennessee as at
Solcnhofen, and fully equal. for all putr-
poses of engraving, to the best known
+
Referring to the unwarrantable delay Of
nearly month in advertising the cafliHtb
in OF the bonds to be refunded, which -WHtalks
mentioned in the Investor column recentfSS.
City Treasurer Hartwell writes as folloHys,:
Il respectfully inform you that ths ts6Sss:-
The herald., 1897-06-27
Dried Fruit Prices

NEW YORK, June 26-California dried
fruit steady; evaporated apples. prime.
wire tray. ~; wood dried, prime. 4t04x
SOIL; Moorpark. 70; peaches. unpeeled, CD
s; peeled, 11Q14.
The herald., 1897-06-27

urer was In no way responsible for the de-
lay. AZ at consultation Of the ofilcers hav-
ing the matter in charge It was deemed
advisable that the call should be post
poned until assurance was received that
the new bonds were accepted"
The herald., 1897-06-27

Flour. flrmer; winter patents, 4.2Oq4.40;
do straights, 4.O0@4.10; spring specials, 4.40
@4.5O; spring patents, S.7Od4OO; do straights,
3.40d370; bakers, 2.SO1300; No. 2 spring
wheat. 72%; No spring wheat, 63G7;
No. red, 77ss@s2ss; No. corn. 25G2514 !;
No. oats. 1s@1S1l; No. white, 221ad23
+. o. b.; No. white. 2O1sG22A f. O. b.; No. 2
rye. 34h1a: No. 2 barley. nominal; No. 8. 29@
|S7 f. o. b.; No. f1axseed, 791kds0; prime
timothy seed. 275; mess pork, per BARREL
7.50G755; lard, per 100 pounds, 3.921s; short
ribs sides Qoose), 3.S0@S.6O; dry salted
shoulders (boxed), 4s4G5 short clear sides
(boxed), 45sG4s4; whisky, distillers finished
goods Der gallon 10
The herald., 1897-06-27
Petroleum

NEW YORK, June 26.-Petroleum wal
dull. No market. Refined New York
$6.10; Pennsylvania crude steady: July
S5 cents bid
The herald., 1897-06-27
Z =. ssss = = - sssass sAe~n' !. =
xxports ana Tmpoft0

NEW YORK. June N.-The exports of
specie from the port Of New York for the
week amounted to y. 079 in gold and ~
035.713 In silver. The imports were: Colo.
$7s. .se9; silver. 81, 4ss: .drygoods. $s,06,b2l;
general merchandise, 6.7845h
The herald., 1897-06-27
Mining Stocks

SAN FRANCISCO. June 27.-The official
closing quotations for mining stocks today
uera as fol1ows.
The herald., 1897-06-27
Closing Stocks

NEW YORK, June 27.-The following
are the closing stock quotations.:
The herald., 1897-06-27
Bond List

NEW YORK. June 27.-The following
were the closing quotations on bonds today:
The herald., 1897-06-27

CONTINUED on Page 23)
The herald., 1897-06-27

Ihe net earnings of the Western Union
Telegraph Company for the first quarter
OF the current calendar year were sI,0Ss.-
oSS For the quarter ending June 30 the
net revenue is estimated at 81, $50 900 and for
the fiscal year S., ,772 5OO
The herald., 1897-06-27

The National Druggist Of ST. Louis
points out that there are as fine quarries
OF lithographic stone In Tennessee as at
Solenhofen, aDd fully equal for all plil-
poses of engraving, to the best known
The herald., 1897-06-27

DIRECToRe.
II. W. Hellman. J. =. sartori, ". L 0ravsA
H. J. Fleishman, G. A: Shaw, r. o. John
son. H. Shankland. J. a: Grayes. ~. L
cent ON ordinary deposits. Money Loand
real estate.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1897-12-30
WISCONSIN TEACHERS.

Annual Address Of the President the Priu.
opal Feature Of the Day.
MILWAUKEE, Dec. 3O.-The forenoon
session of the Wisconsin Teachers
association was opened with the annual
address of the president, G. G.. Will
Jams of West Superior, whose subject
was "what are the fundamental re.
Quirements for the attainment of ideal
results in public school work?''
Mr.. Williams advocated legislation
enlargipg the authority of the county
superintendent of, schools. He sub.
mitted plan examining and licensing
teachers and urged the strengthening
of the teachers reading circle in the
state, calling attention to the notable
reading circle Of Indiana.
The speaker closed by advocating
continuous sessions of normal schools
in order that teachers of country SCHOOLS
may attend sessions during their sum.
mer vacations, contending. that such
sessions would be helpful factor in
solving the rural school problem.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1897-12-30
EXPECTS IT TO PASS.
Senator Davis viii Call Up the Annexa-
tiOn Treaty Soon.

Senator Davis viii Call Up the Annexa-
tion Treaty Soon.
WASHINGTON, Dec. 80. - Senator
Davis says that he will call up the Ha.
waiian annexation treaty in executive
session soon after congress reconvenes.
He still believes there will be the neces-
sary two-thirds majority for it in that
body. The lobby OF native Hawaiians
who are working in the interest of ex.
Queen Lilioukalani, and who, it is be-
lieved, are seconded by the sugar trust,
which opposes annexation, are meeting
with little encouragement. Senator
Davis says he will present facts to the
senate which will overbalance any in.
tiuence this lobby may have. He ex.
poets to show that movements are al.
ready on foot for the acquisition of
these islands by foreign powers if this
country fails to annex them.