davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
MONEY MARKET FACTORS.

Regarding monetary conditions outside Of New
York II Is interesting 10 note that. according 10
the reports furnished by National banks TO the
Controller Of the Currency the National banks In
cities other than New-York have increased their
liabilities in the last year about S6OooO0. while
their cash reserves are only about $1,000" larger
than they were a year ago. Now. 1t must be ad-
mitted that the increase in cash is smaller IMAM
generally supposed and that the demands upon this
centre from the interior incident to crop move
ments may in consequence be heavier than expect
ed Cash holdings Of the local associated banks are
81 less than al this time last year. while de-,
posi,s are larger hy s55. 0o1G0 II may be. ana
doubtless is in expectation OF a good demand for
been made 10 send all the Pacific Coast gold re-
ceipts directly to NewYork also that local BANK
ors are beginning 10 hgure upon gold imports early
In the fall There should he no uneasness over the
monetary situation. Money will go 10 the place
where the demand is the greatest and while wall
street may 90 forced 10 pay good rates there VIII
ample funds for active bull speculation IN
stocks The Bank Of England did not raise Us
minimum rate OF discount yesterday. although It's
weekly statement more unfavorable than ex-
nectod The foreign financial situation, as reflected
in the failure Of the Bank Of England 10 raise It's
rate Is evidently causing no uncasiness In Lon
don banking circles. Al the same time. however.
the situation is clouded with considerable uncer-
tainty Tho American Linseed Company lent $50
40 on call yesterday a. per cent In the local mar
kef
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
CHARACTER OF TRADING.

Commission house trading was not heavy yes
terday as In the first three days OF the week ow-
ing no doubt to the belief that the recent advance
would be followed by a temporary reaction in
which better bargains could be obtained than those
now current The absence OF commission house
buying caused bearishness on the part Of traders
but recessions. when made. were small while there
was no important pressure to sell Renewed efforts
10 break the market were reflected in an aggressive
attack upon Brooklyn Rapid Transit. but the at
tempt fell rather fiat outside Of Brooklyn Rand
Transit stock. 1t is said that the Metropolitan in
terests are working for lower prices In this stock
In order to accumulate the shares and by degrees
to get control OF the Brooklyn company. This u
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04

Street gossip and II may be taken at Whatever
value people choose TO place upon 1t. one thihg
regarding Brooklyn Rapid Transit can be put down
as a certainty-namely. that the interests now III
control will not dispose Of their holdings 10 an
extent that will place the control in other HANDS
Manipulation In American Tobacco was feature
Of the day. Buying of the Granger shares was
good also Of New-York Central St Louis SOUTH
western Tennessee Coal and Iron. United states
Rubber and Peoples Gas. The only important au-
vances in the active list were made by American
Tobacco Continental Tobacco General Eectric'
Tennessee Coal and Iron and United States Rubber
common Brooklyn Rapid Transit recovered us
early loss ending the day at a net gain. some vi
the buyers and sellers were:
H. B. Hollns e. Co bought Rubber common
Orvis Brothers & Co sold P. \. Sproule' hatch d"
Foote and j. S Bache Co bought v Susas ntwerp
sold n CIews e. Co bought Missouri Paclnc
so BroheTs CO i bSGsh Halle Amesl' sests and
Day e Heaton bought Rock Island Roston q BASS pass
sold Hagarten CO. and F. W. SaV ma e. paul sui
LLOYD & Co bought Southern Pacific 6 g. KoH-
mage Co sold Post Flagg' kendaii Sroo I'M
Rapid Transit; A. Leo & Co. j NJ Shaw; G; NJ
Dodge c. Henry Cd aRq Johnson
Co. bought 1000 AtGhsSn nuPO preferred F nSyfs
6 A. Harmed & Co, ", d. Hatch Kohn & Co, F
a De Cordova & Co bought American Tobacco
Otto Kohn Ladenburg. Thalmann & Co. w; X
Houghtaling & Co and r. ". Newton, traders
Co sold C. A. Bramley bought Baltimore and ONO
preferred: Mcintyre g. Wardwell sold. K n Bls-
sell a Co bought American Tobacco; F. l. Sellgs-
berg sold. Bell & Co. bought Continental TOBACCO
A De Cordoya Co. d. Bacon. I, w ihorne q
Co Cuyler Morgan Co. II. B. Hollns Co ana
/ & 5 Wormser bought American Tobacco; j. ,
Bache q Co. d. Henry and J. II. Griesel sold
De Coppet & co. bought Northern PACING preferred
NJ ]. McAnerney and Wassermann Brothers oought
St Paul. o Kohn sold O. Kohn bought CONT
mental Tobacco. c / Hudson & Co. sold. II was
estimated in the American Tobacco crowd that
there total purchases Of 5000 shares 10y
Price Mccormick & Co and sales Of about forty
thousand by Moore & Schley. Halle Steglltz ana
Fiowcr & co. bought BrOOklyn Rapid Transit
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04

cent Last week II was 442s per cent Kate OF us
count unchanged at 312 per cent. -, -. ,,o,oo
The weekly statement of the BANK OF r i.no
sbows the Following changes Notes in circulation
Increased Is 900 900 francs treasury accounts cur
rant decreased IS $50 900 francs gold in hand IN,
nrnesed AK 600 francs bills discounted increased
s 40 600 francs and silver in hand decreased 229-
900 francs . J.,
London. oib per cent open market discount rate
9u per cent for short and 9% per cent for long bills
Berlin discount rate 3A per cent. Berlin eXcnange
on London 90 marks 81 pfennigs Paris eXchdmse
on London % francs "a centimes. fails uISCo""'
rate. 2$, per cent $500.
FOREIGN SECURITIES.-Britsh consols' looh
for money and 1O6 for the account. French rentes'
% francs 97Ik confines Spanish As In London, oo7
can silver dollars 4Sc Bar silver in London; 2,e4d
GOLD PREMIUM.-1n Madrid -39o' L'soo'''
"a so. Buenos Ayres. 1880; Rome. tot
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
PEOPLES GAS MOVEMENT.

The strength in Peoples Gas stock In the last
few days reflects buying Of an excellent character
and extreme bushness on the part OF the people
actively identified with the property The stock
has been taken out Of the hands OF spectators
and placed In the investment list by people VINO
under Is. and earning NOR, sn per cent. The
floating amount OF Peoples us stock appears To
be growing smaller every day, and II Is a note
worthy fact that when the bears attempt to de-
press the stock or whenever offerings come upon
the market the best kind Of buying appears. while
the price easily rallies The competition In the
Chicago gas hcld Is light. The Peoples company
practically controls the business OF the city, the
ogden company doing only an Insignificant per-
contage OF the whole Whenever bear traders wish
depress Peoples Gas wonderful stories come
from Chicago about the ogden company and its
prospects II is not unlikely that the Ogden com
pany viii be absorbed by the Peoples. its char
ter r. valuable. and II might enable the Peoples
company 10 increase its already profitable business
The gas situation In Chicago is far more favorable
than IL is in NewYo from the point OF view OF
the Spectator and investor
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
RAILROAD EARNINGS.

Railroads reporting net earnings for June show
a total gain Of about Il per cent as compared with
the same time year ago. For the month Of July
net earnings will doubtless make a better showing
in that period the increase in gross returns was
enormous. while operating expenses were not as
rule, heavier than in June Earnings for rhe last
week in July now coming to hand a most
hatterng exhibit the Improvement extending TO
roads in all parts of the country. The following
roads reported yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
bankers posted rates were:

DOMESTIC DECENTRALIZATION Orleans - Com
mercial. soc discount; bank soc premium San
francisco-sight l0c: telegraph l2izc. Cincinnati
over the counter SOC premium between banks COO
discount. Savannah-Buyng, l16c discount; sell
ing. fbc per u eco premium. Charleston-B Buying
par; selling, &c premium. Boson-Par and &c
premium. Chicago-z5c discount
BANK CLEARINGs - ACKNOWLEDGEMENT
NsslSl.6 &; balances. $1.e72 $751; Philadelphia-Ex
changes ss$s7. l5s; balances sl.75s,sl5 Chicago
Exchanges, S2eZ7O0. balances 81 458 s76 Baltimore
Exchanges, 50 10i 40; balances $40 707 BOSTON,
Exchanges. 81 079.5S4: balances 2354lN
FOREIGN BANK STATEMENTs.-The weekly
statement Of the Bank Of England shows the fol-
lowing changes: Total reserve decreased f5s2Ooo
circulation increased 1919 0o0 bullion increased 49,
Sl other securities decreased f2940cO other de-
posts Increased f2s7,0o public deposits decreased
fl4s0O0 notes reserve decreased 1882 900 and Gov
ernrnent securities unchanged. The proportion of
tne Bank OF England reserve TO liability Is 50 per
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDs.-Market dull. Final
quotations follow:

RAILROAD BONDS-Market steady Total sales
amounted in par value to 81 $50 40 against s2O0l 900
Wednesday. The heaviest dealings were in the
Atohison and Baltimore and Ohio issues Brooklyn
Union Elevated lists. Colorado, Fuel and Iron S.
Colorado and Southern 1st As. Kansas City Pitts
burg and Gulf lists. Mexican Central DDS Missouri
Kansas and Texas LIST Is. Northern Pacific As
Reading general As. st. Louis and Iron Mountain
bs. St Louis Southwestern DDS and Union Pa
cihc a.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
AMERICAN SECURITIES ABROAD.

London, Aug g. p. m.-American securities
opened depressed on lower overnight quotations
from New-York. Prices remained quiet. with next
10 nothing doing. the market following 10 the lead
Of Wall Street. The closing dull Last prices
We're: Atchison. 2lA. Canadian Pacific. lroA.: 81.
Paul. 1868; Illinois Central llsl1: Louisville and
Nashville 76as; Union Pacific preferred Si,. New
York Central 1872. Erie. 49,. Pennsylvania. 7ois
Reading. los,, Erie LIST preferred. 3Sl; Northern
Pacific preferred soi4; Grand Trunk. ~, and Ana
conda, IN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
MONEY AND EXCHANGE.

MONEY RATES-Money on call. per cent with
exceptions at 311 per cent. The time money market
was quiet and easier in tone at 46l4la per cent for
sixty days. IA per for three months 434Ih per
cent lot four months, 4q42 per cent for six months
on railroad collateral and above on mixed col
lateral Commercial paper rates were 4G4ib per
cent for three months AZ per cent for four months
and ~ per cent for six months for the best Names
and above fer paper not well known
FOREIGN EXCHANGE.-Market quiet Actual
closing rates follow:
Shples sight Sixty days
Sterling +s6s44S7 4sSA 04s8H 4s3G4 s3X
Francs 5iSl-l6 6.1s& -1-l6a5.ls4 52lHq52l4-i-1s
r chsm'ks 95h-S-16 94%Q94 Isle "a " Gaa : ie
Gullders 20 l-16Q4OA "a "a ie93aT 10
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04

JULY'S CAR MOVEMENT

Receipts Of grain by the various Western roads
centrng in Chicago on July l. compared with the
corresponding time for three preceding years were
as fnllnWs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
STOCKS GENERALLY LOWER
BEAR TRADERS AGGRESSIVE.

LOSSES NOT IMPORTANT-GooD BUYlNd
ON ALL RECESSIONS-BoNDs
AND MONEY
Closing prices yesterday Of the prihcipai az
tive securities and net changes from Wednes-
DAVIS sales were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04

Receipts OF live stock by the various Western
roads centrlng In Chicago In July, compared with
the corresponding time for three years were as
follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04
MISCELLANEOUS SECURITIES.

FURNISHED by Frederic H. Hatch. No 80 Broad-st)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-04

r .n:. period l4s; Bid. ASKED
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01
CHURCH OF THE REDEEMER
First Anniversary Celebrates
Yesterday.


The first anniversary of the English
Lutheran Church of the Redeemer, Lin
den avenue, was celebrated yesterday. In
the morning the pastor, the Rev. John q.
Heindel, delivered a special sermon A
special. musical programme was rendered.
The Rev. DR.. Wolf, of Gettysburg Tiieo-
logical Seminary, delivered an interesting
discourse in the evening on Lutheran
ISM" The Rev. E. E. Neudewitz, one Of
the organizers of the church, spoke OF
the rapid progress made in the past year.
The church has a membership of one
hundred and twenty. The Sunday school
A site has been purchased on Warner ay-
enue, between Rose and Ocean avenues,
and a new church will be shortly erected.
A birthday party will be given tais
evening BY the teachers of the Sunday
| school. The guests will be asked to con-
tribute an amount equal to his or her
age as an admission fee. The following
programme has been Decentralization,
Choral Union; prayer, Rev. Mr.. Feldman,
pastor of the Lutheran Church of Our
Savior, New York; address, advantages
of a Church Home Rev. F. II. Kunkel,
pastor of the English Lutheran Evangeli-
cal Church of the Atonemeilt, New YORK.
cornet solo: address, Words of Eacour-
for a Young Church." Rev +. IL.
Kitzmeyer; address, Sunday School
Teachers and Their Work" Rev. r. w.
Main. pastor of ST. Mathews Lutheran
! Church. Brooklyn. Refreshments will be
served.
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01
PRESBYTERIAN CIRCLE FAIR
Held Last Week at the Residence
of Mrs. Mackey.

The Presbyterian Circle, which is com
posed of a number of prominent ladies OF
the hill section, held a most successful
fair last week at the residence of Mrs.
George Mackey. No. no Oak street. The
fair was for the benefit of Christ Hos
pital and netted about $500. The house
was thronged all day long and every
thing was sold before the fair closed.
Mrs. George Mackey was presented with
a beautiful sofa pillow by the members
of the circle. Mr.. Fulton won a beauti-
full hand painted vase at the chance
table. Mr.. Kluge, of Montclair, was also
fortunate. winning four new one dollar
bills fresh from the engraving department
at Washington, none of that issue being
in circulation as yet. A beautiful scarf
was won by Mr.. Coghlan.
The fancy table did a large business
all day, and was in charge of Mrs. Peter
Lowe. Mrs. Warden, Mrs. Fulton, Miss
Kida and Mrs. Gibson. Mrs. Peek was in
charge of the Washington souvenir
table, which was well p~atronized. Miss
Shick and Miss Dykes presided over the
mystery table; Miss Anna Dykes and Miss
Bellows did a rushing business at the
candy stand. The cake and ice cream
counter was in charge of Mrs. McGrath
and Mrs. Arbuckle.
Among the visitors were:-Mr. and Mrs,
Butler. Mr.. and Mrs. Sherry, Mr. and Mrs,
Moran. Mr.. Gardiner, Mr.. KIuge, Mr.. Full
ton. Mrs. Click, Mr.. and Mrs Lutte, Mr..
| Day. Mrs. H. Merker and Mr.. and Mrs.
Mckenzie.
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01
SETTLED BY LOT.
Heirs Of Mrs. Stevens Chose
Their Portions by Num-
bered Cards.

The five children of the late Mrs.
Martha B.. Stevens decided that legal
machinery was not needed to settle their
claims upon the estate, which is valued
at close to 1000 900. Not one of them
would sell his or her share at any price,
because of the many precious heirlooms
included. So they gathered Saturday at
Castle Point, for generations the family
homestead, and drew lots for their shares
of the riches left by their father, Com
modore Stevens. the founder of Stevens
Institute. Beside the cash, securities and
real estate there are in the Homestead"
the old family mansion, many treasures
of art and family heirlooms upon which
nj price could be set. The gallery of
family portraits, the rich tapestries and
b~rocades, the china silver, ~statuary,
b~ric-a- brac, coIonial and modern furni-
ture, painting and engravings and the
thousand an one articles of value were
divided into six lots-one each of the five
surviving children and a sixth for the
son and daughter of John Stevens, the
elder brother. who died a few years ago.
The heirs drew numbered cards, and
with each drawing went a fortune. No
one of them could be induced to sell Tor
money. Those who took cards were Col
onel E. "A. Stevens, Mrs. G. B. Alexander,
C. Albert Stevens and the sixth chance
went to job Stevens son n daughter.
The heirs partitioned among themselves
also, as Mrs. Stevens had directed, the
park in which the castle is situated. BY
Mrs. Stevens will the homestead was left
to the eldest son, Colonel E. A. Stevens,
conditionally upon his making it his bon
Aide home.
To the northward is THE Cliffs" the
mansion built by Richard Stevens for
his bride a few years ago. BY common
consent that was made his portion. Col
onel Stevens old home. the Dover
House, west of the homestead, was
given to C. Albert Stevens. Mrs. Alexan-
der was prohibited from sharing in the
realty partitions, the estate having been
left to the sons by old Commodore Ste
vens. AS compensation she received
from her mother a large legacy in cash.
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01

THE close of the active management
of the Academy of Music by the Hem
derson family is an event to be regretted
for many reasons. This city owes a con-
siderable debt of gratitude to the family,
who first gave it a successful theatre,
and then maintained the house at a high
artistic level for about two decades.
No doubt the new management viii
keep alive h old traditions. Indeed,
Mrs. Henderson had so much pride in
the house that we believe she would pre-
fer closing it to allowing its tone to be
lowered as a place of entertainment But
whatever the future may have in store
for us does not wipe out the past indebt-
edness, n kindly recollection will al
ways cling to the name of Henderson, so
long as the Academy continues to open
its doors to the theatre goers of Jersey
City.
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01

suasion, no trouble at all is apprehended
in the patronage line.
These contests over the Offices are sure
to have some bearing on the next State
election, and whatever it may be cannot
be truthfully predicted. Then seven
State Senators and a House Of Assem-
bly, will be chosen. The new Senators
will each nave a vote for a successor
to General Sewell in the United States
Senate. His term will not expire until
1901. Every one comedies that the GEN
eral is a hard man to beat, and unless
there is a great upheaval in politics by
that time he is sure to succeed himself.
State elections are quite different from
those held in municipalities. The same
issues do not prevail. A city may go
Democratic in the spring, and in the fall
be carried by the Republicans. GEN
eral Sewell has a great many Demo-
cratic friends who would like to see him
continue in his Office as United States
Senator, and that fact alone makes him
a hard man to beat. Doubtless the
Democrats, when the proper time ar
riyes, will make a contest for the seat,
and they ma conclude to make 1t very
hot. The hotter the better. General
Sewell may then meet a foeman worthy
of his steel, an dthere will be an inter-
esting time all around. One thing is GER
tain-should the Republicans carry the
day General Sewell Will not n much
difficulty in having himself reelected.
In the event of Democratic success, then
Allan L. McDermott. James Smith and
Edward F.. c. Young may enter the race
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01

IN cHANCERY OF NEW JERsEY-NoTIcE
to absent defendant
To John Ahrens.
cerv of New Jersey, made on the day Of the
date hereof, in a cause wherein George r.
Gray. receiver of the Granite State Proyident
Association, is complainant, and you and
others are defendants, you are required to ap-
pear and plead, demur or answer to the com
dav of June next, or the said bill win be taken
as confessed against you.
The said bill is filed to foreclose a mortgage
given by Herbert Mills and wife to the Granite
State Provident Association for eight hundred
dollars, dated the sixth day of June, 1890. on
premises in the City of Jersey City, County OF
hudson. New Jersey, and you are made a
party defendant because you hold a mortgage
i,ncancelled of record on the said premises.
Dated April 20, 1889.
HAYES & LAMBERT,
Solicitors Of Complainant,
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01

DISTRICT COURT f HI United STATES
for the District of New Jersey. In the mat
ter of Jacob Nordstrand, an alleged bankrupt.
The petitioning creditors having filed their
petition herein, and process of subpoena hav-
ing been issued and returned according to law
ana it appearing by the certificate of Thomas
+ Alcott. u. S. Marshal for the District OF
New Jersey, and the annexed affidavits OF
Michael M Forrest and Charles Stewart that
said Jacob Nordstrand cannot, upon due in
curry, be found in this State. and that process
could not be served upon him, it is on this 23i
day of March, one thousand eight hundred and
ninety-nine, on motion of M. NJ Forrest, at
torney for the petitioners, ordered that a
subpoena directed to the said Jacob Nordstrand
Ia appear and answer the petition hereifl be
issued. returnable on the fifteenth day Of May
next. or that, in default thereof, such decrte
be made against him as the court may deer:
equitable and just.
And it is further ordered that If practicable,
the said subpoena be served on said Jaccn
Nordstrand, personally, by delivery of a COPS
thereof to him, or in default Of such service,
service thereof be made by publishing a copy
of this order once a week for six consecutive
weeks in the Jersey City News, a public news
paper published In Jersey City, New Jersey
ANDREW KIRKPATRICK. Judge.
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-05-01
VALUABLE TIMBER BURNED.

Especial to 1.-THE Jersey City News."1
MAYS LANDING, May |, 1Ss9.-A
fierce forest fire has been raging for the
past three days in the dense woods about
three miles south of Mizpah and near
oSuth River broke out afresh yesterday
afternoon. Famed by a stiff breeze it
burned rapidly towards several thousand
cords of market wood, the property of
Postmaster Lewis E. Jefferies and George
Foster, of this place. About " o'clock
yesterday afternoon a number of citizens
of this place and Mizpah went to the
scene to protect the wood, which had
been racked up in the woods ready for
shipment. The fire had already destroyed
many cords.
The men several times were driven back
by the dense smoke that arose like clouds,
but towards evening the wind died away.
and by back firing the fire was gotten un-
der control. The loss to standing timber
will be considerable.