davidaulloa/AmericanStories huggingface dataset:
The labor world. [volume] (Duluth, Minn.) 1896-current, 1899-03-11
Persisted IN QUEENSLAND.

Recent Hurricane Destroyed About
zoe Human Lives
LONDON. March 10.-AccorGing to q
dispatch TO the Times from Sidney, n. $.
W., no fewer than 200 persons perished in
the hurricane that has just swept the
northern coast Of Queensland.
New-York tribune., 1899-08-15
MONEY MARKET FACTORS.

The postion OF the New-York banks has been ms-
terIaly strengthened within the last two days, ana
the actual cash and surplus holdings are really bet
ter than the statement OF averages shown on sat
urday Gold is arriving from the Pacific Coast, and
the Government is leaving in depository banks
funds received this centre for customs and mis-
ceaneous receipts. Government deposits with Ma
tional banks have shown heavy Increase since
Friday while banks report fair movement OF
money from the West. The display made by Sat-
urday's a1k statement has lad beneficial effect
upon sentiment, and bankers appear to favor lower
money rates this week There is no good reason,
however for lower rates with the surplus reserve
less than sl5,0O,0oO and the mercantile demand for
accommodation active. but higher rates at present
are not warranted. Money at its current level Is
comparatively cheap, and II the fall demand car
ries 4 higher both the business and speculative
community can well afford to pay dearer figure
for accommodation Advices from well Informed
centres In the West report that interior bankers do
not expect to need much assistance from New
York i'm order TO move the crops Domestic ex-
lnge quotations do not Indicate "A how or money
10 the West The German discount rate was nrmer
Yesterday; also the London rate. The Bank or
England is still borrowing money, apparently Tor
the purpose of keeping the open market rate at
ruling figures. The Contango rate In American Sc
curities in yes lays London Stock Exchange set
tlement was per cent. an unusually high ngure'
New-York tribune., 1899-08-15
MISSOURI. KANSAS AND TEXAS.

Missouri Kansas and Texas securities were ac-
tive yesterday. with good demand for the pre-
ferred stock the second mortgage AZ and the ex-
tension 5s Dealings in the two last named were
enormous while the gain in price amounted 10
over points In the seconds and over points IN
the extension IS The company has no floating debt
and earnings for the last fiscal year show about
4 per cent on the preferred stock The company
has made n final settlement with the State OF Texas
on all disputed points and the condition of the rate
situation in the Southwest Is reported to be better
than ever before. The Missouri. Kansas and Texas
hr~t extension mortgage per cent gold bonds
are selling under par. although they are direct
obligation OF the company and the only one, ex-
cent the per cent bonds OF 1900. They first
mortgage also upon important sections OF the com
pany In Missouri and Kansas at the rate OF only
$4,000 per mile. at less rate than the per
cent bonds of 1900 on the other portions. Although
paving ! per cent more than the As. these bonds
can be bought AT about the same price
New-York tribune., 1899-08-15

... .,d r.,as preferrcd. panhandle" and Peopie
oos Tho shorts were driven into cover In rem
nessee Coal and Iron. There was as usuai muc'
YnaniouIation In American Tobacco ana enor,s we'o
n,ade 10 depress Brooklyn Rapid Transit. Tne loss
mos MT important. and tho stock was well taken
., thu decline Peoples Gas was active on goon
h,s,ress II was announced In the afternoon tnat
the company had purchased the Pullman Gas ooi-
na,v of Pullman. Favorable reports on tho forth-
coming report of Missouri, Kansas and Iexas leu
n active buying OF the companys securities. bear
nr,ssuce was exerted against Consolidated Gas
"PanhandIe" continued to he we'll bought ny insue
1nterests while Denver and Rio Grande preterreu
,a,, ,,ed on the news that the smetcrs strike had
boor settled Smelters strong In the iast
bonr m confirmation ~ the reported settlement OF
tho sneters' strike. Steel and Wire declined frac-
tioraIly on the publication OF figures forecasuhb
tho company's report Some OF the days buyers
and sellers were: Tennessee Coal and lron-hous-
ma, & CO bought ST. Paul-Hudson & Co ana
ponner G. Stern bought. Steel and Wire-G. r. HOP
Tins bought. Peoples Gas-S. Barr. Horton q Co.
I'D Flower & Co bought sugar-Breese g. Smith
n ooM bought. American Tobacco-f -ffousnndn,
Koch Toew & co C2.0O bought. Floyd Il Moore
soId Pressed Steel Car. American Tobacco ,fnHn
Rros bought 300 Chicago Great western maj
Gbesapeake and Ohio Housman d,00M. Jorgenson
II ,SN and r Ames bought: Wassernan 0Jol SOLO
National Steele. y. Hopkins co. bought
ioatber-Weayer Harris e. Co bought loo. rem
nossea Coal and Iron-Price Met Cormick, LaPsleE'
tn mas & Post and Post q Flagg bought; Elling-
wood & Co Holl:ns & CO.. Grant Bros: DICK
Bros. Dominick & Dominick and HOOPER sold. 81
PAUL ondon bought Strong. Sturgis & CO. sold.
New-York tribune., 1899-08-15

OUTSIDE SECURITIES MARkET.-The outside
securities market opened firm. closing steady.
Standard oil closed At 47N0473 against 472d4H on
SATURDAY. Last prices other prominent issues
were: Amsterdam Gas 32d22i2: preferred. 5sd59ia;
Air Power. 7Od72; Bay State Gas, 2d2is; Amalga %
mated Copper ess.dG. Republic Steel. @i2d23a.
preferred 7912dA Havana Commercial. 2laGSo:
nreferred s9Igd7o. Electric Vehicle, 10od02 Union
steel and Chain 29g,2sl? preferred sad6enz Rubber
Goods common. 3lN32; preferred 1890
FOREIGN TRADING-London bought about
% 900 shares in the local market. The heaviest
dealings were in Northern Pacific. Louisville and
Nashville Southern Railway and Union Pacific.
PEOPLES GAS ACQUISITION.-The purchase
bv the Peoples Gas Company OF the Pullman Gas
Company does not require the outlay Of cash. but
the furnishing Of gas TO the Pullman Company
for a definite time At a stipulated cost. The Peo-
pIe's Gas Company will at connect its mains
with the Pullman mains and furnish gas from Its
own works In the city. II Will dsmantle the Pull
man works retaining only the two holders. The
machinery etc. Will be removed and utilized else
where or sold.
STOCK LOAN QCOTATTONS.-I.oa quotations
Yesterday were: Atchison preferred. Chicago Bur
lngton and Quincy. Peoples Gas, Erie. General
Electric Missouri Pacific. New-York Central.
Northwcstern. Northern Pacific common and pre-
ferred Reading. Rock Island. ST. Paul. Sugar Re
aning. Union Pacific common and preferred, Amer
lean Tobacco Manhattan. Cleveland. Cincinnati,
chicago and St Louis Delaware and Hudson.
southern Railway preferred. Jersey Central United
States Rubber common and preferred Brooklyn
RAND Transit and Federal Steel common and pre-
ferred 3ih: Tennessee Coal and Iron and Western
Union 2; Southern Pacific preferred, 3; Louisville
and Nashville and Baltimore and Ohio preferred.
On There was special borrowing demand
New-York tribune., 1899-08-15
TENNESSEE COAL AND IRON.

As recently foreshadowed in this column, Ten
nessee Coal and Iron securities are making sharp
and striking adyanoes. II was stated a week ago
that a strong bull pool was at work in the stock.
and the advance since then has furnished adequate
proof of the sound basis upon which the state
ment made. II IS poor year for the shorts in
iron and steel stocks In yesterdays market Ten
nessee Coal and Iron jumped up points. the
shorts being active buyers in the open market and
the interests in whose hands the greater amount
OF the stock is concentrated refusing TO sell any
important part of their holdings. The company
has worked of all IT'S old low price contracts. and
is taking orders for delivery next year, and
for the first half of 1901. The back earnings on the
preferred stock 10 he adjusted. and when
this Is accomplished earnings will more than
Justify IN" current advancing tendency Of the com
mon stock There some buying of the COM
panys bonds yesterday. including the De Bar
deeben SIS, which are guaranteed by the Tennessee
Coal and Iron Company. The last named SELL
ing around loo and yield over 5ie per cent.
New-York tribune., 1899-08-15
SAN FRANCISCO MINING STOCKS.
San Francisco. Aug 1.-THE official closing quo
tations for mining stocks to-day were as follows:
THE TRADE ~ CHICAGO.

Chicago. Aug. IA (Specia).-Wheat advanced 10
lc and closed at about the top. Liverpool. which
had Jagged In such disappointing fashion on Satur'
day. showed advance OF lGlisd. This was ths
chief bull inspira tion. Statistics some bull en-
coura cement. There decrease In the Nsios
OF $50 900 bushels, the first after an almost inter-
minahle line Of increases: for the first time IN
weeks primary receipts were less than last years.
s56 0o0 bushels. compared with $4,000 bushels ana
also for the first dav In equally long period
the Northwestern car lots under last years.
23l cars compared with 274 the Monday previous
and 3l4 in 1895 September wheat opened at
7lasc. sold 71I.c and 17sG72c and closed AZ 1sc'
There narrowing up Of the spreads. pecen-
Der closing at 74i.c May 77isc Liverpool said III
strength due 10 small worlds shipments ana
sympathy with the American steadiness OF Satur-
day. Continental markets were fracttonalN lo"er'
Clearances were 3sl 900 bushels The market sot
TO call figure and closed :here Worlds shipments
were 67O4.Ooo bushels. compared with $4,000 busn-
els the week previous St Louis was the best
buyer shorts down there leading in II. The gossip
that Kaufman had turned on wheat. shippers
said there a slight Improvement In the casn
tone. Little business was accomplished hut 1T
tie more interest from the other side. sale OF W
coo bushels made from here direct 10 Antwerp
The seaboard reported five loads for export 10
nights prices are about &c over the bottom Of
week ago. a recovery OF about one-thrd OF the uS
decline
Corn was dull but steady. the range only Nc ths
last prices barely isc under Saturday. September
sold at S0S@ 0S,c and at Bic sellers and closed At
30s.c: December closed at 2SSc: May, 29SsgzsTo
The shipping demand declared not quite 70
sharp but country offerings were small Sales
from here were 10000 bushels Liverpool WAS AZ
higher Seaboard clearances. $4,000 bushels ln'
visible decreased 2S00O0 bushels. The pubic s'ocA'
$4,000 bushels. decreased $500 bushels Inv
speculative trade unimportant. There WAS
large Increase on passage. 10000 bushels
The oats range &c. September closing ~
1880: December. 1890 May, Else. There "el'
large receipts 4A cars with 700 estimated TOT 'o-
morrow The shipping demand was also @fso'
around $50 600 bushels sold here. The visible ~ e,
creased $4,000 bushels. The local STOCK hV-''
bushels decreased li40oo bushels. Charters "e''
10000 Clearances lis.Ooo bushels.
There was rather a sensational day IN naNseeN'
prices up SC to 7c. and shorts doing the ous,ns' Us
September closed at 81 06la: october. NVoH. -
cember 81 O64 The Northwest claims tha' WV
condition OF flax because OF premature rip'''
has dropped % per cent within month
Provisions opened strong, because hoss 49,,
i5c to zoe: they turned weak on selling py 'uua
more than losing their early advance they ~" -,
closed about Saturdays prices. helped - '"'
New-York tribune., 1899-08-15
BONDS.
THE DAYS OPERATIONS IN STOCKS.

The onlv bear factor in yesterdays market
was a widely published interview with prom
inent specuator who has apparently taken the
short side Of the market in opposition to the
greater number Of important banking interests
who are now the largest owners Of securities
Stocks as a rule closed at net gains over Sat
urday's final figures. Spectators are not IN
Wall Street in the interest Of philanthropy, de-
spite their occasional efforts 10 pose as pubic
benefactors The man who is not well in
formed on the ways OF Wall Street may be de
oeved for time by the verbose arguments OF
able spectators. but in these days OF growing
business It does not appear likely that many
holders Of securities will sacrifice their posses
sions because certain spectators announce that
prices are too high and that the blessings OF
rrosperity have been adequately measured by
marked values. Every man in Wall Street as
well as elsewhere is entitled 10 express an
opinion on the stock market, but interested
opinions should he carefully separated from the
disinterested opinions, il opinion is TO be fol-
lowed In market operations Just az present II
is interesting to note that nine-tenths OF the In
terested and dsinterested opinions in Wall
Street are in favor Of higher prices
The money market situation played no part
In yesferdays stock trading. A favorable bank
statement Saturday and better understand
ing of the conditions underlying the monetary
situation served to ease the speculative mind re-
garding the possibility Of squeeze in rates
Monetary stringency is not possible as long as
this country holds enormous credits abroad. A
creditor nation cannot he a poor nation. and ar
guments that attempt to show that the country
IS running into the grip Of a money panic are
not based upon sense. reason or an intelligent
understanding Of the situation. Money will be
in good demand IL there were no expectation
Of an active inquiry for money. If call funds
could be had at the borrowers rates and time
money go a-begging, IT would be just as well TO
get out Of stocks. When money Is not wanted
business Ia not growing
The volume Of business was large and deal
ings were fairly well distributed. with espe
cially heavy operations in the iron and steel
stocks Chicago Great Western issues People s
Gas: Missouri, Kansas and Texas preferred
American Tobacco Sugar Refining and Brook
lyn Rapid Transit. Efforts were made in the
last named stock to induce liquidation on the
report that further labor trouble was likely 10
develop on the lines Of the company. Weak
holders sold but the buying better than
the selling. the final prices showing a net loss
Of more than one per cent. The leading granger
shares were fractionay lower on selling in
duced by lighter grain movement last week
Compared with the preceding week receipts Of
grain at Chicago decreased 21S4 900 bushels
the loss being due, according to Chicago dis
patches to scarcity OF cars
New-York tribune., 1899-08-15
MANHATTAN'S QUARTER.

Fortunately for the stockho OF the Manhat-
tan Elevated Railway. the road is beginning 70
show Improvement in ts traffic receipts. a refec-
tion Of which Is IN the for the June
quarter issued yesterday. In view Of the strong
and aggressive competition from the surface roads
the showing must prove most agreeable surprise
70 all the security owners Of the company. Doubt
loss part Of the Increase in revenue came from
the new business the company has received from
the transfer arrangement with the Third-ave.
face line The surplus after fixed charges was
s42l ssl the actual gain I'm earnings the
same quarter year ago being S4i 655. For the
escal year tho showing Is poor compared with the
nreceding year. The surplus after charges Is
q 2S2 l94 and deducting from this sum three quar-
terly dividends ~ / per cent the old capital
stock and per cent the stock. there Ia left
deficit OF S32s III. Detailed figures follow for the
Quarter and year
New-York tribune., 1899-08-15

changes e5ll .s35: balances. H,7e'.4s2 baltimore
Exchanges s2445.223: balances A1.22e. Chcaso
-Exchanges Hs.473 2i2; balances, N,53soh.
FOREIGN MONEY MARKET.-Call money IN
London, 2d2h per cent. Open market u's.oun ,ns
rote 2xa3s per cent for short and ll-l6G3S. for
long bills Berlin discount rate. 31s per cent ber-
lin exchange on London 20 marks 80 pfennigs Iaris
exchange on London. 25 francs ee cen'imes rar'S
discount rate, pa per cent
FOREIGN SECURITIES.-British consos, l'"4s
for money and lO5 3-l6 for the account rre"0"
rentes. 80 francs s719 centimes Spanish - i" 0i'
don. $3.50 a.
THE SILVER MARKET.-Bar silver. eo1&c; Mex
lean silver dollars 4sc Bar silver In LONDON z'@.o.
GOLD PREMIUM.-In Madrid. 1880; LISBON "''
Buenos Ayres 127.4o; Rome, 767.
New-York tribune., 1899-08-15
AMERICAN SECURITIES ABROAD

London. Aug. n-American securities opened
frmer In response 70 better over night prices from
New-York and were well maintained throughout
the day. The closing was firm with a moderate
demand Last prices Were Atchison. 2l&s: Cana
dian Pacific. looss; ST. Paul. 1876; Illinois Central
ll7i7; Louisville and Nashville. 777.. Union pac,ec
preferred. 7Sa4; NewYork Central. l43; Erie IL.
Pennsylvania. 7o4: Reading. uas Erie 1st pre-
ferred SSs; Northern Pacific preferred 1917. ex
dividend; Grand Trunk SIS; Anaconda. Il7..
New-York tribune., 1899-08-15
RAILRoAD RONDs.-Market strnnr

RAILROAD BONDS-Market strong Total
sales amounted IN par value to S265l O0 against
S2s"o on Saturday TIE heaviest dealings were
In the Achison issues Baltimore and Ohio As
Colorado and Southern lst As Kansas City Pitts
burg and Gulf lists Mexican Central lists Mexica n
Central 2ds Missouri Kansas and Texas DDS Mis-
souri Kansas and Texas 6s. Missouri Pacific &c
Standard Rope and Twine incomes ST Louis
Southwestern lists and Wabash debenture Bs
New-York tribune., 1899-08-15
AMERICAS STEEL AND WIRE COMPANY.

The American Steel and Wire Company OF New
Jersey yesterday made public summary OF the
statement which 1t will submit to the Stock FIX
change probably to-day, with the application for
the listing OF it's stocks The summary shows
sets plants etc. S75.44f.6l4; outside real estate
s6Ol9 stocks. investments. etc. S5.33S.242; cash
81 aO2 bills receivable. s23.isa; accounts recev
able 81 229 PSI. inventory, $5S7445; furniture, xt
ures ETC. $500 total. @1355.e9l
Iiabties-Capital stock. &0.0ooo0 bonds and
mortgages 1866; accounts payable Csince paid.
81 o32 900 profits 800 AS 0ess dividends 10000
81 1872 44o); total. $97.355.69i
New-York tribune., 1899-08-15
CHARACTER OF TRADING.

The trading ellen ent on the stock Exchange
was somewhat bearish yesterday. inspired perhaps
in part by Mr.. Keene's remarks published in the
last Few days but prices. as rule. closed the day
at net advances. number Of Issues received d.
re t ,upport from inside Interests In Tennessee
Coal and Iron. American Smelt, Brunswick. chi
cago Great Western issues. Chicago Terminals
Colorado Fuel and Iron. Denver and Rio Grande
Minneapolis st. Paul and Sault Ste. Marie, KAN
New-York tribune., 1899-08-15

DOMESTIC EXCHANGE.-New-O Orleans - Com
mercial 76c discount; bank. SOC premium San
Francisco-Sght l0c; telegraph 12izc Cincinnati
Over the counter. 0oc premium; between banks 4Oc
discount. Savannah-Buying 1-l6c discount; SELL
ing. 7bc per 1900 premium. Charleston Buying
par: selling. lsc premium Boston-Par and sc dis
count. Chicago-25c discount
BANK CLEARINGs. - New-York 80 Exchanges,
esl, ,s42s25; balances $4,000. Exchanges
Sl5,626,15i; balances, s1S7.3& Philadephia-Ex-
New-York tribune., 1899-08-15
RAILROAD EARNINGS.

Railroad earnings for the first week In August
are showing marked improvement over August Il
wear ago: companies so far reporting returning an
increase OF about lS cent Roads reporting yes
,ardav exhibited the following gains:
New-York tribune., 1899-08-15

OUTSIDE SECURITY MARhET.
STREET RAILROADS IN THIS CITY.
Feported by c. I. Hudson & Co. Nos. "a & 80 Waii-sD
BONDS.
New-York tribune., 1899-08-15
STOCKSGENERALLY STRONG
LOW PRICED ISSUES ACTIVE
rpNNEssEE COAL AND IRON A FEATURE
--BoND MARKET FIRM.

c,.,,, rr,ces Yesterday of the principal ac-
tive securities and net changes from '"''''
last sales were:
New-York tribune., 1899-08-15
MONEY AND EXCHANGE

MONEY RATES.-Money on call per cent with
exceptions at 244 per cent. The time money market
was quiet at 4q4k per cent for sixty davs A0uL
per cent for three months 4Q4b per cen, for fon-
months AZ per cent for six months on railroad col
lateral and above on mixed collateral CONNER
cial rates were 4Q413 per cent for three months
404& per cent for four months and 4iaa5 nsr con,
for six months for the best names and above for
paper not so well known
FOREIGN EXCHANGE-Marke Quiet Aetna,
closing rates follow:
New-York tribune., 1899-08-15
THE FEDERAL TREASURY.

Actual cash s274 721s GAG s239s6s7a Dec s735 o73
GOVERNMENT RECETPTs.-Cu receipts
reported from Washington S42&9 internal revenue
receipts. N,195s9l; miscellaneous receipts, s35S7SS;
total receipts 81 9e9s9; expenditures 81 $4,000 Re
ceipts for month to date s2l $50 305 expenditures
s25 255. .oco: excess of expenditures. 3.6l5s95. Re-
cepts for the fiscal year TO date. $50 1853 eXpendi-
lures ss $500: excess of expenditures sl2l22527.
Receipts OF National bank notes for redemption,
s2145i2.
New-York tribune., 1899-08-15
SALES AT THE STOCK EXCHANGE

RAILROAD AND OTHER STOCKS.
New-York tribune., 1899-08-15
THE DAYS OPERATIONS IN BONDS.

GOVERNMENT BONDs.-Market strong. Final
quotations follow:
New-York tribune., 1899-08-15
BANK STOCKS.

tDollars per share. TEX dividend
BANK STOCKS.
reported hy Clinton Gilbert. No Vall-st)
New-York tribune., 1899-08-15

Div When
idend payable iSd. Asked
New-York tribune., 1899-08-15

'As per official reports:
f2 National ba nks,
June 30. 1899: "a
State banks. June
II. 1890. ...........
S771. 300 inc. reserve. q.
increase. decrease.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-26
cARR's VIEWS OF LYNcnINGs.
PointedIy Tells the Coiored Race
what Its Duties Are.

Greensboro, N. c.. May 25.-Julian S.
Carr, in his address before the colored
agricultural and mechanical college here.
spoke at length upon the subject OF lynch
ings.
Col Carr is very kindly disposed toward
the negro. He said that the recent atroc-
ious crimes in one of our Southern states
ana the barbarous death meted out to the
brute guilty Of them had brought us face
10 face with conditions that threaten our
very civilization. Lynching as a preven-
tive of rape had proved a horrible fail
ure. And while no death was TOO terrible
for the assailant of an innocent woman,
for the honor OF the South, lynchinGs
should be stamped out and the law per-
mitted to take its courseA
The pulpit and the press should join In
the work to make 1t respected. At the
same time all technicalitles, delays and
challenges that give criminals such an
advantage must be wiped out so that men
may know that the execution of rapist
will be swiftly and surely followed by
his capture.
Turning then from the responsibilities
of the white race to those of the black,
Col. Carr said:
The question of the future OF the
Southern negro Is one that must be de-
ferred for settlement until we have re-
stored safety and a feeling OF security
to the humnlest woman IN the poorest
cabin of the most thinly settled portion
of the South. The Southern white man
cannot restore the security. That is the
mission of the leaders of the negro race.
They must make a public sentiment so
strong In their race that no brute can
fall to be impressed and deferred by It.
Criminals must be made 10 understand
that crime shuts the doors of respectable
homes to the criminal. Let him be a
Pariah, 'an Ishmaelite an outcast to be
received nowhere except by charity and
upon probation"