davidaulloa/AmericanStories huggingface dataset:
The times., 1898-12-15

viii they assist the Government in this
matter by presenting Government notes
and taking bank notes in exchange? Not
so! but on the contrary. they propose
that the Government shall retire its
notes. either by issuing bonds, or by eX-
cessive taxation and allow them to issue
an equivalent of bank notes for which
they will receive the service of the people
or its equivalent In property. for the sole
behoof and benefit of the banks.
There seems to be no limit to the
rapacity Of these people. They not only
propose to retire the notes of the Gov
ernment. but also demand . $780,
100000 of standard silver coin of the coun-
try be also retired in order that they
may issue their notes in its place. and
thereby fleece the people OF $500 900. 600
more of their property and products.
AT the close of Mr.. Berry's address the
resolutions presented by the committee
on monetary reform were promptly pass
ed by the board.
The committee on transportation pre-
sented n set of resolutions setting forth
that the interstate commerce law should
be amended in four ways.
Firstly making the findings Of the com
mission enforceable, unless, upon appeal to the
courts they found TO be unjust or unlawful.
Secord-By enforcing absolute publicity of all
r@tes, rules. regulations affecting transporta-
ton Of persons or property.
Thirdly the infiction OF severe money penal
ties tnot imprisonmepD upon any corporation,
officer, agent. or any other person through whose
active and deliberate instrumeItdlity any other
than the lawfully published rates, rules, or
regulations affecting transportation OF persons
or property shall become current, operative, or
available.
Fourth-By enabling carriers. whether persons
or corporations, TO make agreements Tor the cs
tab!ishment and maintenance OF fair, stable, uni
form, and lawfully published rates, rules. and
| regulations affecting transportation Of persons
or property
| This set of resolutions provoked a long
and energetic discussion, the Eastern
| delegates as a rule favoring the PROPOSE
! tion that railroads be allowed to pool and
! the Western delegates generally arguing
against the plan.
! Mr.. Berry. of Pennsylvania. opposed the
| measure and took occasion to make
another telling speech in behalf Of free
coinage.
The committee on the Nicaragua Canal
| reported set of resolutions urging upon
| Congress immediate and definite action
! TO secure the construction and control by
| this Government of the great inter-ocean
&c canal The resolutions were adopted.
The committee on the American mer-
| chant marine introduced reso- -utions
which were adopted, setting forth the i'm
pcrtanee of the extension of Americ m
shipping and urging Congress to give its
most earnest consideration to the adop-
| tion of such measures as will secure the
| desired results.
The times., 1898-12-15
TOBACCO STOCK WEAK.
The Union Company 10 BE n Rival
of the Trust

The stock of the American Tobacco
Company has been very weak during the
last two days. Wall Street is of the opin-
ion that the new Union Tobacco Com
pany, with its immense backing of
wealthy and influential men and it's ad-
vantages of already acquired established
cigarette business. will be a strong
rival of the trust inthe near future.
The street is inclined to regard as a
joke the suggestion OF one of the di-
rectors of the Union Company, heretofore
alluded TO in The Times. that this COM
pany viii not fight the trust. 1t is very
well understood that the new company
will only obtain business and earn profits
by taking away from the trust much of
its trade.
The latest announcement made is that
Lissett G Meyers, the great Western
rival of the trust, which has always re-
fused to be drawn into business relations
with it, has now entered into close
business agreement with the Union Com
pany.
The times., 1898-12-15
STOCKS IRREGULAR TONE.
Strength in Certain Quarters Saves
the Other IsSucs,


New York Dec. 1.-THE stock market
day and Tuesday and it was also much
more irregular. In certain quarters Of the
market a decidedly strong tone prevailed
and to no little extent the strength IN
these cases, notably in the Vanderbilt is
sues, was unquestionably effective in
checking the sagging tendency in other
stocks, and 1t at least was a barrier
against bearish attacks in the cases where
liquidation was apparently in progress.
Trading, particularly in the morning
hours, disclosed an unexpectedly we'll
maintained outside demand for stocks,
which of course facillta ted the liquidation
by large professional operators which has
been going on all the week. In addition
so this selling. the days market had TO
stand the brunt of heavy selling by for
| eign houses, which in extent about equaled
| their purchases of yesterday, reaching a
total of about 25.oe0 shares. In addition
! to the disposition of the foreign dealings
! here, London sent in a lower range of
prices for American stocks, the declines
ranging from Ia to 1-e per cent.
| Lake Shore was the conspicuous feature
no less" than seventeen points. The semi
! annual dividend on the stock win be soon
declared. but such an advance as occurred
in the stock could hardly be explained as
in anticipation of the distribution of 3 L.
per cent in profits. At its high level of to-
day Lake Shore returns TO its holder on.y
1 "a per cent.
Only n little over Leo shares OF stock
| changed hands during the greater part of
the rise this morning. New York Central
| Northwestern, and all the other stocks
classed as Vanderbilts were likewise no
tably strong, as were Pennsylvania, Pull
man Palace Car and other investment is
l sues.
Among the lower-priced issues Missouri
Pacific supplemented the Atchison and the
| conspicuous feature.
| The anthracite coal stocks were all no.
tabiy strong on the belief that the season.
able weather would soon make possible an
advance in selling prices. The industrial
group was generally steady, with Sugar
Refining a conspicuous exception. The
Federal Steel shares, United States Leath-
er preferred and Tennessee Coal and Iron
were all strong in connection with reports
of better trade conditions. The market
closed rather quiet, but with generally
firm tone.
The times., 1898-12-15

Capital Traction was strong On the local
exchange yesterday. An attempt was made
to get several hundred shares of the stock.
but 1t did not succeed. owing to stubborn
demand for higher prices. bid OF 81 l.
was made, but the lowest offer was fun
point higher There was rumor on the
exchange, mentioned in another place,
that the dividend on the stock is to be in
creased in January. despite the denials OF
the directors.
The times., 1898-12-15
HECHT & COMPANY, 5l3=5l5 7th Street.

day. CIearances exceeded 10000 bushels.
Liverpool was off lie. on the futures.
Paris was off somewhat St Louis had
wheat to cover at the outset The North
west Gid a little buying. but the trade
did not last 1t was a slow market for
the last hour The Northwest car lists
were us against 100 last Wednesday and
Az last year Primary points had 100 000
bushels against $4,000 a year ago. There
was practically no shipping business
from here.
The times., 1898-12-15

The speculative situation in Wall
Street is most interesting at this time.
The. great promise of prosperity, and the
actual large beginnings in that direction,
have aroused the large part of the pub
lie, which is speculative only at times
and always, when seized with the fever,
on the bull side. There have been an
enormous number of shares of stocks
bought by this class in the last two
months. No one disputes the fact that
the condition of the country Is full of
bright promise for the next two years
and perhaps for a much longer period
But the history of such bull movements
as the present, based though they arc
on the soundest foundation is that they
are always carried too far by the pub
lie, which loses its head completely and
The times., 1898-12-15
The foods we eat furnish

The foods we eat furnish
energy for the body just as
burning coal makes steam
for an engine.
The experiments of Prof.
Frankland, Ph. D., of Lon
don, shows that cod-liver oil
yields two and one-halft times
more energy than starches
or sweets.
Scott's Emulsion is pure
cod-liver oil combined with
hypophosphites of lime and
soda. 1t forms fat, gives
strength, enriches the blood,
invigorates the nerves, and
repairs tissues.
soc. and S,.oo, all druggists.
SCOTT BOVINE, Chemists, New York. =
The times., 1898-12-15

Western Union was weak yesterday. al
though II was evident that there was some
buying of the stock. The earnings OF the
company for six months show a net de-
crease of $4,000.
The times., 1898-12-15
Washington stock Exchange.

Sales-U. s. 3's. coupon, si0IlO6. Belt r.
r. SIS. si.oOOTiS: s5cOaf7. American Graph
ophone SIS. 8, l,20yllOO. West End National
Bank, I0d90. Lincoln National Bank, Sf
ia. Washington Loan and Trust. 2Va129
Metropolitan r. r., 10d1f1. American
Graphophone 1s5d13; 50dl3 is. After call
-Lanston Monotype, 50I16.
The times., 1898-12-15

Mergenthaler was strong again. the bid
for the stock advancing to lsl 81 and the
asking price TO 1876 l-2.
The times., 1898-12-15

Chicago Grain and Provision Market
Corrected daily by W. 3. Hibbs & Co..
The times., 1898-12-15

soon be declared that will dissolve the
voting trust.
The times., 1898-12-15
Money Wanted!
Money Wanted!
Money Wanted I!

Have good applications fo- loans on frst-elazs
collateral and real estate security; get good
rate of interest and commission; il you have any
money On hand it will pay you to see me. Nd
dress. for interview. NJ. A, this Office. delft
The times., 1898-12-15
THE WHEAT MARKET.

primary Points Had 100000
Bushels Against $4,000 Last Year.
Chicago, Dec. 14-Wheat early was up
1-2c., but it closed 1-Sq1-4c. under Tues
The times., 1898-12-15

West End National Bank was sold at 50
Lincoln at Iii, and Loan and Trust at l2s.
The times., 1898-12-15
New York Stock Market.
Open High Low Clos

Corrected daily by W. Z. Hibbs 8: Co.,
members of the New York Exchange.
i4i9 + Street.
The times., 1898-12-15

The dividend of one per cent was de-
clared on Northern Pacific common yester-
day as had been predicted. 1t had no ef-
feet on the market, unless to make the
realizing heavier. Both the common and
the preferred stock were sold off after
the declaration.
The times., 1898-12-15

Profit taking was evident in the Atchi-
son securities. There was heavy buying
by the public however, and it resulted
in a slight advance during the day in
the preferred stock.
The times., 1898-12-15

Federal Steel stocks were strong on the
announcement that Mr.. Fowler and his
friends have bought $1,000 shares of the
common stock. The common stock went
to "a Is and the preferred to 70 1-2. 1t
would seem best that the advance in these
securities should stop for the present,
even although they are among the most
active In the entire list. 1t is probable
however. that they will go higher rather
than lower.
The times., 1898-12-15


dends in its eagerness to purchase.
1t Is the question with very important
and wealthy men at this moment IL
prices have not already advanced far
enough for the present, and too rapidly
The announcement may be made or the
authority of man whose word cannot
be questioned that for several DAYS now
men representing the heaviest financial
interests have had this question actively
under consideration, and that their de-
cision has been to stop the upward move
ment for the time II possible. There was
on Tuesday night meeting represent
ing perhaps billion dollars. at whlch 1t
was decided TO sell an immense amount
of stock Immediately to accomplish tins
object
The effort may succeed and 1t may not.
1t Is matter of history that on a cer-
tain occasion little over year ago Mr..
keene had over 10000 shares of stocks
in very much such buii movement rs
this except that It was not so strong,
and that he sold the entire amount in
three days-almost at the command OF a
certain financial king. This whole i'm
mense block of securities was absorbed
by the public with hardly 4 culver in
prices. Later there came the break, but
II was not caused by this move
iCSitIudN lNtEe was enormous selling
by prominent brokers' One man is un-
derstood to have sold $4,000 shares of
stock. Many others liquidated heavily,
as they have done for many days past.
There was a slight hesitation in prices
yesterday morning. but the upward
movement continued later in the day.
There will be more selling today. It's re-
suit may be as small. 1t is a question
whether the public is sufficiently in the
market yet to more than outweigh this
EFFORT on the part of the conservatives.
II it is there may be many points further
advance. Otherwise the advance may
stop for time. The hope of every care
ful observer of the market is that there
Will be break before New Years of
some Importance. 1t would he better not
only for the stock market, but for the
entire business situation. Perhaps the
preponderance of conservative opinion is
that the break will come.
The times., 1898-12-15
Hecht's Greater Stores.

25c black ostrich piumes. s....-.-... .121.c-
39c black ostrich piumes. .19c.
75c black ostrich plumes.
800 black ostrich piumes SOC.
The times., 1898-12-15

Leather preferred was taken in hand in
the last hour and rushed up over two
points apparently on manipulation. The
Leather Trust has not many friends in
the street. and it is not believed that it
will be possible for the insiders to push
the stock up very far even by taking ad-
vantage of the bull market.
The times., 1898-12-15

The anthracite stocks were all strong.
especially Jersey. Reading, and Ontario
and Western. The excellent chance that
the coalers may see better days has in
duced many people who have iiquidated
in other directions to take them up. There
was the added suggestion to make Ontario
and Western strong, that dividend will
The times., 1898-12-15
.--.-s-a
Hechts Greater Stores. Hecht's Greater Stores
OPEN EVENINGS NOW.
II cents

for lot of ladies' and children's hats
in all coIors and variety of shapes
which sold up to a dollar-an immense
bargain.
The times., 1898-12-15
FINANCIAL.

MONEY. DO YOU WANT soMEe
Will loan on frst-class collateral or well-lo-
Gated real estate. deeds Of trust, etc My own
money. Very reasonable rates. No delay. Ad.
dress for interview,
MONEY,
no92-tfem Care This Office
The times., 1898-12-15
8 cents

for large punches of velvet and silk
roses-5 and In a bunch.
The times., 1898-12-15

The Vanderbilts were the features of
the market yesterday which showed a
tendency to neglect many of the oldtime
favorites. New York Central, Northwest
ern. and Lake Shore were all very strong
gaining during the day two. three and
four points, respectively. There was COM
ment of various degrees of interest and
probability over this strength. Central
and Lake Shore We're bought IL was said
because certain interests inimlcal to the
Vanderbilts in Lake Shore have been
bought out within the last two weeks
Later there was talk of negotiations for
the acquisition of the control of Chicago
and Alton by the Vanderbilt interests and
Missouri Pacific. Missouri Pacific was
also very strong, on this talk 1t advanced
from 42 3-4, the opening and lowest figure
for the day, to 46 IA, and closed at 45 3-S
The old story of the purchase of Omaha
by Northwest was also revived. to ac-
count for the activity of strength of both
these stocks. This rumor is circulated
in every bull market but it seems likely
from all the circumstances of the two
roads that it will prove true sometime.
NJ. d. Jacobs, the resident manager of
Miller & Co. was advised of the con-
templated movement in Omaha by his
people on Monday. and was strong bull
on the stock. He advises the purchase of
spirits.
The times., 1898-12-15

makes no account of values or divi-
dends in its eagerness to purchase
The times., 1898-12-15
$1.75

for choice of an immense lot of ladies'
and children's trimmed hats.
The times., 1898-12-15
. cents

for a lot of ladies' felt fats-Fedoras.
sailors and variety OF other shapes
which first of the season sold for 49c
and 75c.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-09
MILITARY CADETS EXPELLED.
Sixty-FOur Rebels Ordered to Leave a
south Carolina Institution.

CHARLESTON, s. c., April s.-The board
Df visitors of the South Carolina Military
Academy to-day expelled the sixty-four
cadets who participated in the rebel
lion which took place at the academy
on the Sd OF April. The cadets had
become 1ncensed at the conduct of
Cadet Canty, who had reported men
for breaking barracks when he was
not on duty, and they resolved to force
him out of the institution. "A letter was
first sent to Canty's father asking for his
withdrawal and as this failed of effect.
the boys decided to resort to violence if
necessary in expelling Canty. They at
tempted to carry out their design on the
night Of April 3. When they were met and
opposed by the superintendent and com
mandant, the latter, Lieutenant Mcdonald,
II. S. A, they broke into open rebellion
They refused to obey orders and rioted
around the building all night, the police
having to be called In. A meeting of the
board of visitors was called and has been
in session for several days. The order of
expulsion gave the cadets two hours in
which 10 leave the building The boys be-
long to many of the most prominent famil-
les of the State. The order sent from the
academy two-thirds of its students. The
Institution is under the management of the
State
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-09
VIEWS OF CoNGREssMEN.
The Bond Payment Question Dis
cussed by Republicans.

WASHINGTON, April s.-1he steering
committee appointed by the conference of
House Republicans last Wednesday to cam
Nassi the situation TO see how many Repub-
lcans would stand by them if the occasion
arose for Independent action, and in a gen
eral way decide on a course of procedure.
held another meeting this afternoon. From
the reports presented it was claimed that
more than one hundred Republicans will act
with them. The main question before the
committee to-day was as to whether they
should stand for independence and inter-
vention or for Intervention without inde-
pendence. The feeling in the committee has
been strongly in favor of the recognition of
the Cuban republic, but they do not desire
to break with the administration, except as
last resort. Meantime some of them are
much exercised over the legal phases of the
effect OF Intervention without Independence.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-09
VIRGINIA WANTS HER MONEY
She Loaned the United States Govern
ment Funds in 1912.

RICHMOND, Va, April S.--When Virginia
was rich and powerful and the United
states treasury was wel-nigh empty, this
State loaned the government $4,000 TO
garry on the war of lSl2
Now Virginia is in need of funds TO put
troops in the field 10 defend her own sea-
coast in case of war. The United States
has always set up some counter-claim when
ever the matter of paying its debt TO Vir-
ginia vas brought up.
There has been some correspondence with
Virginia senator's and representatives. and
IN a day or two bill will probably be Of
Tered In Congress directing the President 10
turn over $ll2,0O0 10 the Governor of yir-
ginia, 10 be used as ne Taay see fit in case
OF war, II is believed suehAa measure would
go through bota houses without objection.
The PRESIDENT, the secretaries of war and
the navy and Congress are aware of the
xact that Virginia is not in a financial CON
dition to make war appropriations. as New
YORK, Ohio and other States have done
Should there be any lighting, the s,,acoast
OF this State woIAd need more trnans 10
protect It than tis coast of any state. for
q hostile force would have to pass throupb
the waters OF Virginia to reach wasbingtop
or Baltimore. 1t is known that some bigb
officials are using their influence to get mis-
appropriation. and they arc encouraged.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-09
FATAL CHILKOOT TRAIL
THIRTY-ONE KLONDIKERS KILLED
IN A GREAT SNOWsLIDE.
Only Partial List of the Victims Re-
ported I'm "A Letter from skaguay
Dated ApriI 3.

SKAGUAY, Alaska, April 8, via Seattle,
April Sat about noon to-day on the Chill
koor TRAIL between the Scales and Stone
House. at least th!rty-one men met death
and large number of others were injured
more or less seriously in a snowslide. The
dead were crushed under an avalanche of
snow and ice which came down from the
mountain on the left-hand side of the trail
midway between the Scales and Stone
House. The known dead are:
GUS SEBARTH, Seattle.
FRANK SPRAGUE, Seattle.
STEVE STEVENSON, Seattle.
TOM COLLINS, Portland, Ore.
c. P. HARRISON, Seattle.
w. l.. RILEY, Seattle.
ONE WOMAN, name unknown.
ED ATWOOD, New York.
c. BECK, Sanford, Fla.
l.. WIDELEIN, Kansas City, Mo.
MRS. RYAN, Baltimore, Md.
JOHN MORGAN, Emporia, Kan.
- GRIMES, Sacramento, Cal, who has
a brother in business at Dyea.
- GARRISON, residence unknown.
- RITCHIE, residence unknown.
- DURBER, Seattle
Two of the seriously injured are Walter
Chappey. of New York, and John c. Muir
rhy, of Dixon, Oak. Fully fifty people were
overtaken by the slide and are either buried
in the snow or scattered along the borders
of the avalanche in more or less injured
condition. The point at which the accident
occurred is five miles above Sheep Camp
The nearest telephone station is four miles
distant The telephone wires at this point
were carried away by the slide. This fact
makes 1t difficult to obtain further partic-
uIafs at this time A binding snowstorm
was raging all day on the summit, and as a
consequence many of those in the vicinity
were making no attempt to travel Sebarth
Sprague and Stevenson, of Seattle. were
travelling together as partners, and were
found side by side in bed.
thousands of people were encamped in
the vicinity of the accident at the time and
We're soon on the scene rendering. such as
sistance as possible. Upon receipt of the
news points below Dyea telephoned up to
know II assistance was required, and re-
celVed answer to the effect that five thou
sand people We're at work on the debris and
were only in each others way. All dav
saturday and Sunday a southerly storm.
with rain, wind and snow, prevailed in this
vicinity, and 1t is believed the softening
Oh the snow on the mountain side by those
asehcles was the cause of the avalanche,
Inc quantity OF snow and ice that came
down in the slide is estimated at thousands
of tons. 1t swept directly across the trail.
which, notwithstanding the fact that tbe
weather was unsuitable for travel was
thronged with wayfarers. The last yestice
of the trail in the vicinity was wiped out
or existence, and where it lay is now q
mountain of snow and ice, under which are
man. dead bodies that cannot be recovered
for days 10 come. There was a preliminary
slide at o'clock in the morning. peonle
We're digging up their goods when the Sec
ond slide occurred about noon. Latest re.
ports are that thirty-one bodies have been
recovered.