davidaulloa/AmericanStories huggingface dataset:
The times., 1899-10-08

NEW YORK, Oct. Speculation on
The stock exchange has been held in check
ali the week by the comparatively active
money market. Moreover. interest has
been diverted to an extent from the stock
market TO the international yacht contest.
The transactions in stocks have averaged
only about 100000 shares a day. In spite
OF the restricting influences noted and the
political uncertainty abroad, which has
also been an important factor. the market
has shown a good deal OF firmness and
efforts to depress prices have not been
successful except in a few cases. Il is
plain enough that the liquidation Of specu-
lative accounts precipitated by the close
ness OF the money market has run its
course, and that the stocks sold have, in
the main, been taken up by those who can
finance their purchases without difficulty.
That the possibility OF war in South Africa
has been well discounted in the London
market is shown by the ease and rapidity
with which that market rallies whenever
indications point TO an amicable adjust
ment OF the Transvaal differences. Under
lying the domestic market is the unpre-
cedented volume Of business that is being
transacted In this country at rising prices
for all staple products.
The loss in lawful money shown by the
associated banks today was only about
one-half as large as preliminary estimates
had foreshadowed, being 81. .132. 600. In
this respect only was the statement more
favorable than had generally been ex-
pected. There was the same contraction
of loans and resulting decrease in deposits
that has been q familiar feature of the
bank statement for many weeks past. Big
gold receipts together with unusually
heavy Treasury disbursements next week,
on account Of war expenditures, viii OBJ
Tiously strengthen the position Of the
banks. In the mean time the street has be-
come accustomed TO a per cent money
market and. therefore, goes about the
securing of its accommodations in q more
businesslike way than heretofore. Today s
stock market was. in the main,
strong. though not particularly ac-
tive A number Of stocks notably
Brooklyn Rapid Transit, Louisville
and Nashville, American Steel and
Wire, and American Cotton Oil. closed a
point or more higher than yesterday
Throughout the remainder of the list the
net fluctuations were as q rule fractional
gains. After the publication Of the bank
statement the market, as a whole, develop
ed decided strength
The times., 1899-10-08
Lady karina, 7IS 10Th ST. N. W.

words, they are much less subject to rank
manipulation such as forms the life of the
New York market. Thousands of people
in New York make fortunes and other
thousands make a comfortable living in
manipulating the stock market and milk
ing the outside public, in Washington and
other parts of the country. The local mar
ket is not, of course entirely free from
this, but it is SO eminently conservative
compared with New York that there is lit
tie fault TO find
Another argument in favor of Washing
ton securities is in the fact that the mys-
teries among them are fewer, and the over
capitalizations less frequent. Generally
speaking they are all dividend payers, with
good records for furnishing steady incomes
through good years and bad, and with few
exceptions the investor can get "a very far
idea of what he is buying when he goes
into them. For these various reasons there
are not the violent fluctuations in prices
from day to day in local stocks, that make
the New York market attractive to the
gambling element, but in the long move
ments dependent on real business condi-
tions and intrinsic merit, there is a wide
range of prices that offers scope for most
attractive investments of semi-specula-
tive nature. A comparison of the present
range of prices with that of a year and
two years ago shows advances in prices
ranging from few points to 100 points, or
more.
The argument has been made against in
vestments and speculation on the local ex-
change that the market for securities is
not so ready or so certain as it is in New
York. This is not true IL the same classes
of securities are considered. There is al
ways a market for the grangers or for
Brooklyn Rapid Transit in New York, and
it is almost equally easy to dispose of Cap
ital Traction or Mergenthaler here. Bank
| stocks and others do not find an immediate
| market on either exchange.
The times., 1899-10-08
A Tendency to Liquidation on Ac
count of MONDAYS Holiday


count of Mondays Holiday.
CHICAGO, Oct. Wheat traders were
not inclined to go over forty-eight hours
with many trades open, and the possibili-
The effect of the Monday holiday was to
cause a general evening up. With the
local crowd bearish for the past few days,
the influence of this was to keep prices
firm. There were large cearances. Pri-
mary receipts the past week have been
"A 900, COO bushels, compared with 2,000,-
600 the week previous Liverpool was off
only Id much less than our decline yes
terday.
Corn was firm and the considerations
very similar to those in wheat. rhe close
was lac over Friday. There was much
larger shipping business done from here
yesterday than reported. possibly 100000
bushels. Western offerings of corn have
been small for week.
Oats were weak for October and steady
for the other futures. Shows figures on
the crop, making the yield more than 100,-
| 000000 over the Government estimate, hal
some influence today. There is growing
inclination to sell oats against corn pur-
| ehases.
The provision market was OF holiday
character. Exporters were moderate buy
| ers of lard against cash sales Aside from
this the trading was light and featureless.
Closing prices were slightly higher. A
moderate cash trade was reported. Esti-
| mated for Monday, $4,000; next week. 160,-
600.
The times., 1899-10-08
New York Cotton Market.
Uncle Sam Don't Wear

Truss, but ne carries the Al:
So Cushion Trus all over the uniteo
States. Men. women, and chiidfrh
wear and like them. The Air Cushion rad hoids
Eith comfort; nothing else will. Consultation
and two weeks trial tree. Office parlors. wai.
ing and consultation rooms the same noos
Catalogues free. THE RoRICR AIR CuSHioS
Truss COMPANY. i2a4 v st. nw., "a noer.
iyl8-u
The times., 1899-10-08

Louisville and Nashville has on the
whole been the most attractive and entire
ly satisfactory security in the list during
the speculation of the past week. 1t has
advanced steadily under the influence of
the same strong demand that has charac-
terized the buying in it for several months
past. The stock declined in the worst OF
the market break, as was to have been ex-
pected. Ii went off less than the remain
! der of the list. however, although its i'm
mediate previous advance had been SO
rapid as to tempt heavy profit-taking.
And since the situation has eaSed only
slightly it has recovered quickly and stead
lily. The closing price in Louisville week
ago was II 3-S. Yesterday it close1 at
so "a, the best price OF the week, with
more than points net gain. The factors
that have caused its strength have been
reviewed in this column heretofore The
annual statement of the company showed
that the past few years of excellent and
economical management have put tae sys-
TEN in a position to reap the full benefits
Of the immense prosperity of the South
Big gross earnings were made and operat-
ing expenses. although including all ed
full maintenance charges, were sc small
that the net earnings were something ike
per cent on the stock. Since the begin
ming of the present fiscal year the enlarge
lQe0l oil business ana OI net Id
continued in the same gratifying way, so
that at the end of the first quarter the pre-
diction is freely made by careful railway
experts that at least 8 per cent will be
earned on the stock in the entire year.
/ Dividends of 31-2 per cent have been paid
/ in the twelve month, but there is every
reason TO believe that much more liberal
rate viii be the result of the present i'm
mense prosperity of the company. All OF
this might have been said, and, in fact,
was said repeatedly of Louisville months
ago. There is now, however, new argu-
ment in favor Of the stock. The price OF
cotton Is not to be cents this year, but
much more, perhaps cents. People who
were believers in the stock with scent
cotton in prospect viii be much more
strongly its friends with a 7-cent cotton
outlook Indications are of very little
value but it may be pointed out that not
very long ago Louisville stock sold above
/ 90 when the condition Of the company s
! physical and financial condition was very
much less satisfactory than it is at pres
\ eut
The times., 1899-10-08

the call loan rate is likely to occur. An
immediate advance in prices is not likely,
therefore. The main fact in the situation
and the one that careful people fully under
stand is that the present is the time to
buy stocks, not to scalp half points, but
10 hold for the autumn and winter ad-
vance. The bank statement figures are a
sufficient argument in themselves. without
further comment against any attempt TO
predict the immediate course Of the mar
ket. They are as follows:
The times., 1899-10-08
Money to Loan
On Furniture, Pianos. Etc.

On FTurnIture, PfanOs. EfD.
II you are in need Of money. we desire to IN
form you of our method We can secure vou
a loan easy moEthly payment plan at less
cost than ever before and below the rate OF any
other company in the city. You can pay in full
at any time after the loan Is secured. and il will
only cost you for such time as you have had the
money. Cur business is strictly private. and all
spplieations are treated conhdentially. IL you
have lean with any other concern you can Sc
cure lean through us 10 pay it and get mors
money il desired. Il will pay you to call and see
Us before going elsewhere. We are ready at any
and all times during oajre hours to give informa-
tion concerning buSiness methods and you
viii receive courteous treatment
CAPITAL LOAN GUARANTEE CO.,
lp13-ti 602 F ST. n w.
The times., 1899-10-08
New York sock Mnrket.

Corrected daily by W. 3. Hibbs & Co..
members Of the New York Exchange
1919 r Street
The times., 1899-10-08
PROF. II. WILSON'S
Academy of OccuItism and CIafrvoy-
ancy. Mediums Developed.
fff7 STREET NJ. w.


sumably. 1t has been supported strongly
for several days, whenever it got below SO.
The times., 1899-10-08

Sales-U. S. 3's, coupon: s3,500G10s IA;
D. C. 3.e5's: s500@117; Mergenthaler Limo
type: 1@207 1-2, 4GG20S; Lanston Mono
type: 100G17 5-s. After call-Mergenthal-
er Linotype: 10@20s.
The times., 1899-10-08
SPECULATION VERY DULL
The international Cup Races Inter
fere With Stock Trading.

Money Rates an Adverse Influence
I'm Wall Street.-The London sftua-
Bank Statement and Treasury
disbursements a Strong Basis.
The times., 1899-10-08
chicngo Grain and rroyision Mnrket

Corrected daily by W. B.-Ifibbs & Co,
members of the New York Exchange.
1919 f Street.
The times., 1899-10-08
THE CHICAGO GRAIN MARKET

Business in local bonds was also fairly
active.
The times., 1899-10-08
MAGNITUDE OF BUSINESS.

o ska
pd
q o
FL Manager
The times., 1899-10-08
Loans of $40 and :e 1s.isss; ssas1Ss= =-''
PIANOS HORSES

Wagons, ETC., at lowest rates and on the day
ycu apply We are loaning on the building =
CARRYING loans much less than you pay else-
where and allows yoa 10 pay I of IN any sized
notes -ou desire. running from one TO swelve
months You only pay ie- me uss o. money Tor
the length OF tine YOU carr. it. n you have 4
loan with some other company we will pay ie
of and advance you more money 10 desired Rates
cneertully gwen and cost 10 you unless loan
Is made Loans made anywhere in the District.
Cali and get rates Front room. f-st aOor Sci
entifc American Building
National Mortgage Loan Co.
625 Street N. ".
The times., 1899-10-08
M ME. THEO.

Medium and Card Reader Washington's most
famous Clairvoyant and Palmist. Consult her on
business love, and family affairs; reunites the
removes spells; causes speedy mar
riages, and gives good luck Open daily. German
spoken: 25c and Soc 929 II st. NV. oc7-7t
The times., 1899-10-08

The Norfolk and Western securities, the
Southern Railway securities, Illinois Cen
trai, and other stocks OF lines trarersing
the South, may all be included in the cate
CORY with Louisville and Nashville to a
greater or less degree. These systems will
all share in the present great prosperity
of the South, and will all benefit in higher
cotton prices. the one good factor that has
been lacking in that section. 1t is be-
iieyed by skillful operators that buying of
all these securities at the present level will
prove to be an extremely profitable invest
ment before the end of the present year.
The annual report of the American Cot
ton Oil Company is to be published about
November Is. The facts 10 be presented
by the report are already known approxi-
mately by the directors of the company,
and something Of their tenor may be given
here. The business of the year has been
much larger and more profitable than In
1888 or the year before. The net profits
after deducting all operating expenses.
maintenance expenses, interest on deDen-
ture bonds, and dividend on the preferred
stock were 81 ,025, 600. Ine same figures
for the two previous years were 500. 900
for 1898. and $4,000 for 1887.
The showing is better than that
of any previous year in the COM
pany's history, with one exception. In
1892 the surplus amounted TO S1,54S. OILS.
The common stock of the company is s20,-
2S7. 100. so that the surplus for the year is
equal to SOC per cent on the stock. A divi-
dend of per cent was paid on the stock
last year in December, and the same rate
is, of course, assured this year. 1t is prob
able, however, that better than 9 per cent
will be paid, with a regular 4 per cent div
idend, or 3 per cent regular, and l per cent
extra" The question as to the dividend
rate viii be taken up at the next regular
meeting Of the directors on the first Tues
day in November shortly before the an
nuaI report is submitted. 1t will be seen
that the present price of the stock, "A Is
at the close yesterday, is certainly a very
modest one under the circumstances. Il
may be said further that the expectations
of the company are for larger and more
profitable business this year than last, anc
that its expectations seem to be wei
founded The stock has been very strong
during the recent break in the market anC
its recovery from its slight losses during
the past week has been complete. There
was a decline from the highest price reach
! ed yesterday. but it was not considered ar
important one.
The times., 1899-10-08

The following are the local stocks in
which dealings occurred during the week,
with the highest and lowest prices in each:
The times., 1899-10-08
PROF. H. WILSON,
Remember Number. No Sign.
lily IST. N. w. tll7


PROF. WILSON, CELEBRATED PSYCHIC AND
TRANCE MEDIUM.
If there is anything you wish 10 know, any de-
sire of your heart ungratifed, consult one whose
power has mystified the most skeptical. He not
only possess the inborn gift of the soul, clair
voyancy, but has studied for years with masters
in occulti7n, and guarantees satisfaction no fee
accepted. This remarkable man, whose career
has been one of success, is gifted by nature with
a power that approaches the miraculous. He is
acknowledged by the public wherever he has been
to be the marvel OF the nineteenth century. Pref
Wilson is a prophet of worldwide repute; is
recommended by every one of his patrons. His
powers excite the wonder and admiration of even
the most skeptcal. His advice is infallible,
convincing, and beyond dispute Through his
remarkable development of second sight and his
thorough knowledge of the many sciences peculiar
to the men of the Orient, he is enabled to pene-
trate the woof and web of human life PERFECT
SATISFACTION GUARANTEED OR NO FEE AC-
CEPTED.
All business sacred and confidential Letters
containing 81 and three questions answered.
Hours, a m. to p. m. Sunday, 10 to @.
Fac opd
The times., 1899-10-08

The grangers were strong and fairly
active yesterday. Their record for the
week has been good one, as far as sn
advance In price is concerned, although
they have not been buoyant at any time.
St Paul sold at 126 Ia a week ago and
yesterday il closed at 124 7-s "ex'' q divi-
dend OF 1-2 per cent. Rock Island ad
vanced during the week from Ill ga 10
H. 1-2, Burlington from 129 5-S to 130 Is,
and Atchison preferred from 62 1-2 to e3.
These figures would be better than this IL
the low prices In the early part of the week
were taken instead of the closing prices
of the week previous The buying of all
these securities, and particularly Atchison
preferred has been excellent at all times.
Shrewd spectators believe that the Atchi-
son securities are likely to show fne ad-
yances In the near future on the strength
OF the magnificent past earnings and pres
ent outlook OF the company. There has
been some hesitation in many quarters re-
garding the prospects for an advance in
the price of the higher priced grangers,
and, undoubtedly, there is less certainty of
such an advance in their case, owing to
the possibility of high money rates. Ii
may, perhaps, be pointed out pertinentiy.
however, that all of these securities did
reach much higher prices ten and twenty
years ago, when money was loaning at
higher rates than it is likely TO this au-
tumn and winter.
The times., 1899-10-08

A professional market for several days
longer is probable. however. The bank
statement shows such i small surplus re-
serve that the banks viii be forced TO add
TO il by calling in their loans. at least
during the early part OF the week Money
may be high and further manipulation OF
The times., 1899-10-08
PERSONALS.
Mrs. DR.. RENNER.
SPECIALIST,

SPECIALIST,
In obstetrics. Gold medal awarded fof the science
Of obstetrics from the University Of Munich. Ba-
yaria Treats successfully wom2n's complications
and irregularities; private sanitarium for ladies
before and during confinement. Infants adopted.
Office hours, TO 6 p m 619 Pa ave. NV.
Washington. d. @. seI0-tf
The times., 1899-10-08

The Southwestern railways are really all
rejecting in their current business much
the same prosperous condition as the At
Gibson. They are as prosperous as the
Louisville and Nashville and other systems
in the Southeast. Southern Pacific, Mis-
souri, Pacific, Missouri, Kansas, and Texas,
and ST Louis and San Francisco are making
weekly and monthly returns OF earnings
never before equaled in their histories. The
Mexican Central and Mexican National
make the same fine showing. The securities
of these companies are all low priced, and
careful people on the lookout for bargains
are buying them steadily II cannot be
doubted that when the general market is
favorable they will make an excellent show
Ing. Southern Pacific, In particular, will
be aided by a pool Of skillful operators, and
may be expected TO advance rapidly In
the near future. according to statements
made By members of the clique.
Brooklyn Rapid Transit refused 10 be
tumbled any further yesterday, although
the bears made an attack on the stock at
the opening OF the session. IL went of
fractionaliy at first, but quickly recovered
and closed the day With a net gain. The
circumstances OF the dealings in this stock
for the past month do not warrant the
belief that IL viii decline much, II any, fur
ther II has gone off many points, and a
new crowd OF people have bought 1t in at
the low price, 20 hold for good profit, pre-
The times., 1899-10-08
FINANCIAL STATEMENTS.
FINANCIAL STATEMENTS.
THIRTEENTH sEMI-ANNUAL STATEMENT


Washington National Building and Loan Association Of Washington
The Holly chieftain., 1899-09-29

pacity the friendship which the two
men entertained for each other waved
stronger: In fact. they became almost
brotherly companions. Speaker Reed
IS said to be warmly in favor OF Mr..
Aliens election to congress from the
First district, and this fact, taken in
connection with Mr.. Aliens own in
d!vldual strength and popularity in the
district. seems to make his election
well-nigh sure. Speaking Of Mr.. AL
len. one Of the correspondents OF the
New York World says: He is quiet
and reserved in manner and has an
easy dignity at all times. In conversa-
ton his tone Is low and soft, and his
remarks are to the point. He uses the
simplest language and impresses one as
being a rapid thinker and a thorough
logiCian. On the platform. when he
Is portraying the merits OF his party.
his voice Is strong and vibrant and his
talk is punctuated by the dry wit OF
the old-time gentleman. To enjoy Mr.
Aliens company for even an hour one
cannot avoid the impression that his
tastes are quiet and scholarly. He
has kept abreast OF the times and 1t
IS his recreation TO sit in his cozy little
library and read the latest books on
science and sociology. He bears the
weight OF years lightly and his step is
light and sPrlngy. He is at all times
CHEEKY and companionable. Mr.. Allen
has held all sorts OF public Offices
which have taken him all over the
country, but he never gave up his
Maine home, where he went to live
soon after he was graduated from Bow
doin. He likes to tell now how he
wac made selectman OF his native town
several years ago Mr.. Allen was born
March II. 1897, in Waterloo, Me. He
earned his own way through college.
Mr.. Aliens three years at Bowdoin
were years OF hard work and good
times. His eyes sparkled the other day
when he said: I was always on hand
when there was fun going on Mr.. Al
lens acquaintance with Mr.. Reed be-
gan in their first college year together.
and they became unusually firm COL
lege chums."
The Holly chieftain., 1899-09-29
FIFTY CENTS FOR NOTHING.

What will the Inventive brain OF
man do next? This is a question some
one asks almost daily. There is one.
though, who leads all others, who for
quarter OF century has been making
fine laundry starch. and to-day is Of
fering the public the finest starch ever
placed on the market.
Ask your grocer for coupon book
which will enable you to get the first
two packages Of this new starch. RED
CROSS" Grade mark brandt, also two
children's Shakespeare pictures. paint
ed in twelve beautiful colors. natural as
life, or the Twentieth Century Girl Cal
endar. all absolutely free. All gro
GERS are authorized 10 give ten large
packages OF RED CROSS STARCH"
with twenty of the Shakespeare pic
lures OF ten OF the Twentieth Century
Girl Calendars to the first five purchas-
ers Of the "ENDLESS CHAIN
STARCH BOOK" This is one of the
greatest offers ever made to introduce
RED CROSS" laundry starch, ]. C.
Hubinger's latest invention.