davidaulloa/AmericanStories huggingface dataset:
The times., 1899-07-01

Yesterday completed full week of rap
idly and steadily advancing prices in the
stock market Contrary to the general e&-
pcstation there were no recessions of i'm
portance, though prices declined fraction
ally in the first TWO hours of the day.
During the afternoon and especially in the
last hour short covering and public buy
ing caused quick bulges all over the list,
but particularly in the grangers and Van
derbilt securities, and the close was at the
top prices of the movement so far The
continued buoyancy of the market is en-
tirely remarkable. 1t is very seldom that
even in the strongest bull campaigns,
there are not periods of declining prices
when people take their profits. and the
bears gain new courage. For a week now
every day has seen advances, and on no
day has there been any greater than a
fractional recession. Yesterday the pre-
diction generally made was that the sales
to take profits and close contracts over the
holidays would cause a reacionaIy move
ment that :-light extend into today and
might cause a decline of a point or more.
The only explanation of the unexpected
strength is that stocks are held much
more firmly than was supposed. and tnat
the public. as much OF il as is in the mar
ket, believes in higher prices next week
and does not care 10 take profits. On ihe
other hand, there has been large covering
OF short contracts. the bears being in fact
the party that do not care to be in the
market over the holiday. There is still to-
day In which the decline may come, and
many believe that IL Will. The bank state
ment will probably be bad one, and the
bears may take advantage OF this and OF
realizing sales to hammer prizes at the
close. IL would be we'll not to expect this
reaction too firmly, however. II is safe Il
| say that there is more bullish feeling II
| the street now than has been the case fol
| two months or more. Advances such a:
this has been breeding confidence, and fol
a time carry themselves along in the pub
lie buying that they attract. Perhaps thu
best opinion now is that prices today vii
! be higher than they were yesterday, an'
| that, whether there is reaction or no
| during the session, business will be suci
that the public will be more than eve
convinced of the boom. This indeed seem
necessary in order to make sure OF BIZ
public buying next week. Many will bu.
stock today that have hesitated up to thi
The times., 1899-07-01
THE STOCK MARKET FIRM
A Good Demand for All the Stan
dard Railway Issues.
circumstances Which Tended 10 Re-
strict Active Trading - Prelimin-
AIRY Estimates of Gain in Bank Re-
serves-Rumored Deals Have Lit
tie Effect on Railway Shares.

New York, June 3O.-As was the case
yesterday, the matters which engaged at
iention today were of a character TO dis
courage operations for the long account,
but. as was true then, their only effect was
10 restrict active trading. The stock mar
ket, while very dull, was exceedingly
steady. The close money market, the i'm
pending protracted suspension of busi
ness. and the expectations of a large de-
crease in the banks reserves in the week
ly statement tomorrow, while furnishing
food for discussion did not appear to infu-
ence operations in the stock market. The
analogy between today's market and is
immediate predecessor was borne out by
the absence of any new circumstances of a
definitely favorable character to stimulate
sentiment. Indeed, if the general circum-
stances OF the day were fitted TO the course
of prices in the market the deduct .ons
would have been contradictory. What the
market showed plainly. however. was a
good demand for all the standard railway
issues, while the supply of stocks offering
Was small and came mainly from the pro-
fessional board room traders. who were
willing TO close out their contracts in view
of the approaching triple holiday.
The correspondence in characteristics be-
tween the days market and those OF the
earlier part of the week was continued in
the fact that the trading was again
confined TO the railway list, the in
dustrial quarter furnishing only 4
small proportion of the dealings More
over the dealings were the most active In
New York Central, Manhattan Railway, tn,
granger shares. and the. other higher
priced issues The bond market was agaiI
firm with the dealings there relatively
more active than the trading in stock
As noted there was nothing new in th'
days situation of a favorable character
Preliminary estimates Of the gain in banks
reserves from various sources indicated
Joss for the week Of upward OF $4,000. 90
The undeterminable item is the loan ac
count. but il was commonly expected tina
an increase would appear there. of III
traffic returns submitted today the Louis
VILE and Nashville made the most note
worthy showing, the net earnings for Ma
Increasing more than 20 per cent
The strongest features OF the marke
were Rock Island, st. Paul. Burlington
and Quincy. New York Central, Louisyill
and Nashville. and the stocks classified a
Pacific shares. Manhattan Railway. Brook
lyn Rapid Transit. and Metropolitan Stree
Railway were but little affected by tn
rumors OF combination between thos
systems. and the reports while fostered b
the equvoeal statements of parties inter
ested appear almost incredible. Londo
was not factor In the days market, littl
attention being paid either to the price
established there for American stocks o
The times., 1899-07-01
BANKS AND TRUST COMPANIES.
The Lincoln National Bank
OF Washington. D. c.. Ger. 7th and D Sta
SAFE DEPOSIT VAULTS. BOX RENT s2so
COTTON MARKET DULL.
weather Conditions Dispose Traders
to Await Developments.

weather Conditions Dispose Traders
to Await Developments.
New York. June 30.-The trading in cot
ton today was dull and again chiefly of a
local professional character. The ap-
preaching triple holiday and the uncer-
tainty of the weather conditions, especially
in Texas, in the interim. had a good deal
to do with restricting business. neither the
bulls nor the bears showing any inciina-
tion to materially increase their interests
The sentiment on change was that the
press reports of extensive damage in the
Brazos Valley, from recent overfiows and
the heavy rains in the Palestine and Bren-
ham districts. are exaggerated. and that
the rain did not do much damage outside
of the local districts where the preciplta-
ton was in the nature of cioudbursts, te-
cause it had been needed badly all through
that section This view of the trade gen.
orally was also indicated in the dullness or
the speculation today and the narrow
fluctuations. The decline in prices OF late
has however, been so sharp and values
are now on such q low basis that there is
little inclination even among the bear
| element to go short OF the market to
| any extent, at least until the regular
monthly Government report, which Is due
on July 10. is announced.
The first prices here today were made
at about East nights closing bids. From
| this range there were changes of / to
points up and down the scale during the
| day on light business. The close was firm
The Liverpool cables reported spot cot
| ton there quiet and unchanged. The total
sales were 10000 bales. The market there
| for futures was quiet and steady, at about
| sid net advance.
The times., 1899-07-01
NO PAYMENTS MADE.
Hnvenner !S CO., stock Brokers, sus-
pend Business.

The firm of Havenner & Co., stock brok-
ers, doing business at 1881 Street, sus-
pended yesterday. Customers of the firm
were notified that it would be impossible
to make payments on accounts, and that
no new business would be taken until the
affairs of the company were Strengthened
out. Ii was stated that business may be
resumed on Wednesday Of next week. the
first stock market day after the Fourth of
July holidays.
C. T. Havenner. the head Of the firm,
was not at the Office during tire day Mr..
Simpson, his manager, stated to re-
porter for The lines that on account ct
his inability to communicate with MF
Havenner he did not know exactly nov
the firm stood. and for this reason did
not desire to incur new obligations HoI
make further payments.
Customers of Havenner & Co. were in tbs
Office nearly all day. Many of them ex-
pressed the belief that the firm Will re-
sumo payment shortly.
The times., 1899-07-01
NEW BUILDING REGULATION.
The COmmiss toner's Act ON n Recon-
mendatiOn of MIR. Ashford.

mendntiOn of MIR. Ashford.
T. +. Schneider, an architect, has COM
planned to the District Commissioners that
the building regulations relating to the
reservation of certain areas of lots for
the circulation of air operates as hard
ship upon persons who own lots abutting
on public alleys. He maintains that, un
der the present regulations. owners of
such lots have no advantage of the alley
over the owner OF an inside lot, as he Is
required to reserve the same area of
ground and also claims that, even grant
ing that go feet of ground is sufficient
for the purpose in the case of an inside
lot. it would seem apparent that a public
alley from ten to fifteen feet wide along
the whole side of a lot would more than
serve the purpose. Mr.. Schneider thinks
that the Commissioners should modify the
regulation so as to permit lot having a
public alley along its side TO be built upon
its full width and depth. regardless or
rear alleys.
In acting upon the matter the Commits
sioners have approved report by Snow
den Ashford Acting Inspector of Build
ings. in which he agrees with the archi-
tect. Upon Mr.. Ashford's recommendation
the Commissioners have decided to en-
body the suggestions in a new building
regulation. which will be as follows:
ITO secure proper light and ventilation,
no dwelling. hotel. nor apartment house
shall be erected within ten feet of the
rear of the lot on which it stands. eX-
cent when the rear abuts on public
alley at least ten feet in width. street,
or other public space, or where the side
abuts for the full depth of the lot upon
a public alley. or when there is reserved
side lot extending the full depth OF the
building and at least $50 feet square in
area.
Angular corner lots. abutting lots that
extend from street TO street. may be ex-
eepted. Buildings may cover the entire
area OF lot for such of the stories as
are used for business purposes only.
The times., 1899-07-01
The Chicngo Wheat Market.

Chicago, June 3O.-The wheat market
was narrow today 1t was an evening up
day, the price range being only 3ic. The
best prices early were on Shows weekly
summary, which put the spring wheat con-
dition, at, under 80. There seemed pros
pect early OF considerable cash business.
but the day slipped away without much Of
it materializing, less than 100000 done
from here. The seaboard. however is
claiming ffty-two loads. The fine weather
Was reported everywhere. Liverpool was
off shade. Professionals had the market
to themselves
The times., 1899-07-01
Pastor short in His Accounts.

Chattanooga. June 30.-Rev- D. T. Green,
pastor of the African Methodist Church
at Rome. is alleged TO be short S6.5O0 in
his accounts Green was given authority
to mortgage the church there by OBTAIN
ing funds to make additions. He borrow
ed 81 200 from the Fulton Savings Bank.
secured by mortgage. He used part OF the
money on the church, and it is claimed
Green confessed to his stewards to have
applied over $500 to his personal account
Green left Rome Saturday and his where
abouts are unknown.
The times., 1899-07-01

to the dealings here for foreign account.
The market closed quiet and steady at
slight recessions from the days best
The times., 1899-07-01

The list generally preserved he same
general balance that ii has shown during
the entire week, the railroad securities
being strong and the industrials and trac-
tion issues dull or weak. Opinion con-
tinues divided as to the future of the steel
stocks and the New York traction issues.
but there is little variation in their move
ments or lack of movement. Brooklyn
Rapid Transit, Metropolitan and Manhat-
tan, with great unaninity. all declined
badly yesterday, closing the day with con-
siderable net losses Talk Of the strike of
Brooklyn and Metropolitan employees was
heard all day, and it was on this that the
selling of the stock was based. 1t cannot
be learned whether the insiders sold their
securities or not, but there is shrewd
suspicion that they are making the most
of this opportunity to secure stock prepar-
atory to a bulge in this group. IL cannot
be doubted seriously that these stocks will
advance in a short time If the remainder
of the market continues buoyant.
| In general way the came is true of the
steel stocks. which have failed so far to
! advance with the remainder of the market
| All these issues are. as a matter OF fact.
at lower level at present than they were
! when the advance in the railway list began
The Federal Steel Company is earning Lig
| dividends and so Is the Steel and Wire
Company concerns tnat earn and paw
big dividends do not usually for long have
any trouble in selling their securities at
better prices than those now prevailing in
the steel, and no matter how much the
street may have been disgusted at the
manipulation of Mr.. Gates and his crowd.
earnings will, undoubtedly. soon tell
The coalers were fairly active, but made no
gains Reading first preferred. in fact, clos
ing at lower price than the opening The
talk is of these securities being taken up
next in the advance and ii seems probable
| that purchases made at this level will
show good gains next week Reading first
preferred is now at the same level as when
ST. Paul was selling at 126 and Rock Island
at Ill There is no further news OF the
.'coal deal but 1t is manifest that the
roads are operating on a much more har-
monious basis than formerly, and that
they are all making money.
Pennsylvania was taken up yesterday. as
had been predicted in this column. The
opening on the stock was at 1872 7-S, and
the high point reached 1341-4. The close
was is off from the top only. The most
The times., 1899-07-01

The Washington stock Exchange.
Substituted States Electric Light GER
tificates. s2,OooG115 rs; National Safe
Deposit and Trust. 2OG137: Lincoln Fire
Insurance, 10od13; Capital Traction. $50
asa 1-2. 122d94 SIS; City and Suburban
Railroad. 25@43; Washington Gas. 1IG
so Ia. 25d52 1-2: Mergenthaler Linotype.
2G203 1-2, 65G 203; Lanston Monotype. 100
ais SIS. 10Oa1S 1-2: American Graphic
phone preferred. l00G13 3-4
After call-Mergenthaler Linotype, ga
2o3 1-2. 30d203 Ia; Washington Gas. 20
@52 L.; Lanston Monotype, 130a1s L.;
Columbia R. R. 5's, s1.5O0d113.
The times., 1899-07-01
New 1,orL stuct, anr,,c,

Corrected daily by W. B. Hibbs & Co.
members of the New York Exchange,
1913 F Street
The times., 1899-07-01

careful people in the street have been con-
vinced for several days that Pennsylvania
would not be so much of a laggard be-
hind New York Central and Burlington
for long. The company is in many ways
the finest railway property in the world
and the dividend paid Is l per cent greater
than that of Central In recent market
movements the other stocks have advanc-
ed first, but Pennsylvania has caught up
with them later.
The times., 1899-07-01
Chicago Grain and Provision Marke,

Corrected daily by w. 2. Hibbs & Co.,
members OF the New York Exchange,
,.ta L, STRAIT
The times., 1899-07-01

Failures for the week have been 1S1 in
the United States, against 254 last year.
and % in Canada, against 10 last year"
The times., 1899-07-01
time waiting for reactions to let them in
at lower level.

The bidding-up of the money rate yes
terday afternoon and its lack OF effect
was one of the interesting developments
OF the day. On Thursday the highest rate
was per cent. Yesterday il was per
cent early in the day. and from that rate
it was run up to II per cent for few
minutes near the settling hour The en-
tire thing was a bear ruse. 1t was hoped
that the high rate and the holidays ahead
would scare people into throwing over,
stock. 1t produced almost no effect what
ever. 1t is understood that Very little
money was loaned at the higher, figures
This matter is now out of the, way as.
brokers have provided for carrying their
stocks over until Wednesday VI" t-17
Three important stocks sold EEK" divi-
dend yesterday-Atchison preferred Rock
Island, and New York Central. 1t is an
interesting commentary on the strength of
the market and of these stocks in partic-
ular. that two of them more than regainei
their dividends. The granger and Wander
bilt groups were, as has been said, the
leaders of the market. Atchison preferred
sold on Thursday at the close at 5S SIS. I
opened yesterday morning, "ex'' / Ia. at
81, but during the day advanced TO SO Is
at tie close, thus regaining the larger
part of its dividend. Rock Island closed
on Thursday night at 1l6 7-S and opened
yesterday morning ''ex" Ii. at 1l5 1-2
From this level IL advanced steadily ali
day until, at the close last night. ii was
at III Is. net gain for the day of ! 1-2
New York Central, which for two DAYS
had been a trifle weak. owing TO realizing
sales, was one of the most active and
strongest stocks on the list yesterday. With
the dividend of l per cent. it gained l SIS
net, closing last rieTt a 139 rs ST Paul
went to 13l. and Burlington to 1876 81 and
the other Vanderbilts all advanced we'll
closing generally at the top figures for
the day The advances in these groups
came largely in the last half-hour of the
day. when quick bulge occurred This
close argues well for the opening this
morning.
The times., 1899-07-01
BANKS AND TRUST COMPANIES.
Washington
Loan & Trust Co.
OFFICE. COR. 9Th AND F SIS.

OFFICE, COR 9Th AND SIS
PAID-UP CAPITAL, ONE MILLION
Loans in any amount made on approved
real estate or collateral at reasonable rates.
- Interest paid upon deposits monthly
- balances subject to check.
- This company acts a. executor. admin
- istrator trustee. agent. treasurer. registrar.
and in all other iducisry capacities
Boxes for rent in burglar and fFe-proof
- vaults for safe deposit and storage OF valu-
- able packages
JOHN JOY EDSON. President
JOHN A. SWOPE.- Vice President
ELLIS SPEAR. I'd Vice President
ANDREW PARKER. Secretary
JOHN L. WEAVER. Real Estate ofscer
iyl2-we&sa-tf
The times., 1899-07-01

Pennsylvania was taken up yesterday. as
had been predicted in this column. The
opening on the stock was at 1872 7-S, and
the high point reached 1874 Ia. The close
was Is off from the top only. The most
The times., 1899-07-01

Ontario and Westerns earnings for the
month OF May are excellent, and they are
the cause of much bullishness regarding
the stock in the street. 1t seems not i'm
probable that dividend may be paid on
the stock this year.
The times., 1899-07-01

have not been published as yet and the
street is much interested in what they
will be. There has been excellent buy
ing of the stock recently and it has ad-
vanced well this week. This suggests to
many that knowledge OF the earnings must
have reached some, and that the
showing must be good one. 1t is said
that the road officials predict an immense
business. despite the small winter wheat
crop. The stock sold at the close yester-
day at A 12, which was the top price for
the day and for this movement
Evening star., 1899-04-13
t. Martinez had determined

convalescent. Martinez had determined
however, that l should not be left behind
II possible, and it is undoubtedly owing ia
ms unremittlng care at this time that
was enabled to leave with the other con-
ValeScents some three or four DAYS later
ana, possibly, to leave Cuba at all make
TINS personal mention to show what un-
selfish interest he took in each one of his
patients.
Gentle as a woman in touch and sym-
pathy, with an aptitude and devotion un-
surpassed, all honor to the modest and un-
assuming bandsman of the 18th Infantry
Frank Martinez.
1t may not be amiss to add also a word
OF tribute to the doctor in charge of the
yellow fever hospital, DR.. R. Echeyerria a
hallVe cuban, and now major and brigade
surgeon on the staff of General Brooke
because OF the illness of DR.. Guiteras. who
hau been IN charge, nearly all of the diff
cut cases OF the fever We're put under the
care OF DR.. Echeverria, and without wish
ing to lengthen this article. words beinp
inadequate to praise his skill, ii will suffice
10 say that out of the hundreds of cases
ne handled he lost not more than two or
thfee, SO far as am aware, and these were
cases Where the patient was barely alive
Wnen put in his charge. And he was given
oH1cial credit for having brought into Mon
lauk the cleanest transport, with the lea
number of deaths. of any that landed AT
that place. j. c. c. PATTERSON
Late with Brig. Gen. Ludlow of the 9Th
Army Corps.
Evening star., 1899-04-13
DUE TO MISTAKE.
Assessment Cancelled Because OF a
Clerical Error.

Mr. I. L. johnson, representing MFS' :
Freund. recently requested the Dlstrlct
Commissioners to cancel assessments OF
taxes and peralty against sublot 3, square
374, under the general assessment OF 1891
Upon a report of the assessor the CoHiihis-
sioners refused to grant the request. SUP
seouently the matter was referred 10 the
attorney for the District, and upon his ad-
vice the penalties and costs have been can
celed
The assessor reported to the Commission
ers that the improvements for the general
assessment of 1897 were returned at $llooo'
but in transcribing the assessment to the
tex ledger they were erroneousiy copled
81 100, which continued for the years lsoI
and 1898, leaving a balance of tax due LOT
said years on valuation of S99OO, III tiie
amount of S14S.50 for each year. mat, SAID
the assessor, is proper charge unuef eA-
listing law relating to property omitted from
taxation Bills for each year, ne stated
were rendered to the owner Of the properly
June % 1898, which was the date OF the
discovery of the error. He therefore rec
commended that the request for caifcellatloh
be denied. ..
The attorney for the District, however
held that in view of the fact that the fall-
ure of Mrs Freund to pay the full amount
of taxes against the property was due 10 d
mistake in the assessors office, she should
not be charged with penalties and costs on
the balance of the taxes for the years
1898.
Evening star., 1899-04-13
Frank Martinez's Heroisnl.

To the Editor of The Evening Star:
Noticing the article in YOUR issue Of yes
terday's paper entitled Medal for Mar
tdnez." permit me to add apersonal tribute
to the character of the hero named
Being, as stated in the article in ques-
ton. not an immune, yet Frank Martinez
voluntarily offered his services as nurse
at the yellow fever hospital near Siboney,
and it is not too much to say that 1t was
largely due to his devotion and skill as
nurse that nearly all Of those who were un-
der his care were brought safely through
the varying stages of the fever
There was no call made upon him by
anv of his patients that he did not respond
to with cheerful willingness that could
not hut endear him to every or{e to whom
his work was personally known: Nor did
he wait to be called upon; he was houriy
on the alert to render some kindness en-
tirely extraneous to his duty as nurse. !
have known him over and over again to de-
prtye himself of sorely-needed rest in order
that some possible comfort or want might
not remain lacking for the sick ones In his
charge and he would frequently remain
for hours after his regular duties were
DONE for fear that the nurse detailed for
the time (often worthless and neficienD
would fail to do his work properly.
Just before being moved to our transport
several of the officers and others had ar
ranged to present Martinez with q little
purse, this being ait that time their only
way of expressing gratitude, but he refused
to accept a cent, saying he had but done
his duty. and desired no further reward
than to be kindly remembered.
When we were notified that the hospital
would be broken up. and those Of us who
we're able to go would be sent home, had
not then been able to leave my cot, being
the last person in the hospital to become