davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1899-07-27
TAII, STPEFT AND EXCHANGES.

OUTSIDE SECURITIES MARkET'-Ihe ou'slle
socr,ties market opened steady and inactive, with
quotations at about Tuesdays close Ihe Closing
was steady. There good demand Tor Union
Conner which sold 10 26. AT the close q was hid
with no stock offered Chicago and Alton subs
and Rubber Goods were in demand St. Louis
"subs sold from 11Siz 122le on large buying or
ders Standard OIL closed at 1895, against i6og
l67 on Tuesday Last prices on other prominent Is
sues were: Amsterdam Gas. altg3rz preferred
67d5G5: Air Power rs: Bay State Gas, 1892; Anal
pamated Copper Gq971.; Republic Steel, Sd1Sh
nreferred 63I5ae4: Havana Commercial, 2l2qT
preferred. s5q67; Electric Vehicle. 95qloo; Union
Steel and Chain. 27Q2s; preferred. 67q6s; Rubber
Goods common SOAdSo3s preferred. sGQS6ik.
WHEELING AND LAKE ERIE BONDS.-Brown
Rrothers & Co and Maitland, Coppel & Co. after
an examination and report by experts OF their own
sclection have bought from the Wheeling and Lake
Erie the new first mortgage consolidated per cent
bonds issued for improvements on the Wheeling
and Lake Erie. Cleveland, Canton and Southern
and Cleveland Belt lines. They have also under
taken the refunding of the Wheeling and Lake
Erie divisional per cent mortgage into the new
/ per cent bonds. The refundng plan is to be Is
sued in the autumn.
FOREIGN TRADING G-Transactions for London
account on the local Exchange were light. amount-
ing 10 about 5000 shares The chief part OF tho
business represented sales Of Atchison preferred
Louisville and Nashville, Southern Railway pre-
ferred Union Pacific. st. Paul and Anaconda
ASKED TO DEPOSIT HOLDINGS.-Cyrus ].
Lawrence +. j. Llsman James II. Olphant and
Alvin w Krech. representing A majority of the
Pittsburg Panesville and Fairport Railroad first
per cent mortgage bonds. due 1916 in view OF the
early reorganization OF the Pttsburg and Western
Railway Company. Of which system the Pttsburg.
Painesville and Fairport Railroad is essential
part and in consideration OF the fact that it is
proposed TO appropriate out Of earnings sum
sufficient TO meet extraordinary expenditures,
thereby imperlllng the payment Of interest OF the
Pittsburg Painesvle and Fairport bonds. invite
owners Of the same TO deposit their holdings with
the Mercantile Trust Company on or before Sep
tember for mutual protection.
DIVIDEND DECLARED.-The Consolidated Ice
Company has declared a dividend of per cent on
IT'S common stock. payable August Is Transfer
books will be closed from August until August l6
New-York tribune., 1899-07-27
MONEY MARKET CHANGES.

The time money market was comparatively ac-
tive with large amounts of money lending at :
ner cent There IS no scarcity OF funds Tor DOT
rowers who have good collateral, and II is not
likelv that higher rates for time accommodation
n, bs asked In the call loan branch or the
money market there good supply OF tunus
at 81, per cent. The American Lnseed company
loaned $4,000 in the course of the day at quoted
rates. making 81, 100000 put out by the company
since Monday. Persons and corporations VINO nave
largo balances in trust companies have been lend
ere IN tho money market On August the market
uiIl receive the benefit of large Government eX-
nenditures including interest on the and per
cent bonds The large daily gain by the SUP
Treasury from the banks at present IS due 10 me ne
larger customs receipts at this port, but part q.
the gain is only apparent, as the baihS uepUS,, @
large amounts of money with the SUI SUI 80, a,
VERY day against which their customers dtaW dt
the custom House. The excess OF deposits "a aoQSe b
tha davis customs requirements is returned 10 me
bants after the close Of business The London dis-
count market was again higher
New-York tribune., 1899-07-27

gain OF II point New-York Central lost point:
also Pennsylvania and Rock Island. Some of the
davis buyers and sellers were: Flower & Co., IL
Content & Co. and F. w. Savn & Co. bought Peo-
ple's Gas; H. j. Faulkner. Tilghman and Rowland
& Co sold Orvis Bros. & Co. sold Delaware and
Hudson. r. B. Holmes sold Atchison common.
Rolston & Bass bought Consolida - Gas; Hedge.
Iounsberry & Foster sold. r. Waller. r., bought
Rock Island F. w Savn & Co. and f. La Mon
tagne jr sold II. Clews & Co bought brooklyn
RAND transit: Halle & Stiegltz sold. simmons *
sIade bought 100000 St Louis and Iron Mountain
< per cent bonds of Hedge. Lounsberry & tosteIt'
n Isaacs and II Durand sold NewYork central
r l. Manson. jr, & Co. and +. W. Savin * %
Ria1chi and G. f. Dimock bought People S Sas,
r Minton sold Smeers preferred Henry brptnIIa Is
sold New-York Central. Kohn Co. and CharieSS hS
Head & Co bought Chicago, Burlington g 9I,1 ro
Quincy; f. La Montague, IT, G. HUDSON HudOnrS sold
and vi e. Tuns & Co sold. j w. H HetI,l'h,S ho,,gbt %
American Tobacco; ]. H. Griese & Co solH ,ssour, "a
Harmed & Co and Flower & Co boughs HlsoILdi H ooId
Kansas and Texas preferred H. Clews q 20. sois.
7 M Amory & Son bought st; Paul TIL nia'iS C,ty ~
Stieglitz sold. Halsted e. Hodges bousntt WI" w p
Rapid Transit; H. I. Judson & CO sou T., 'Mead
Lawrence & Son, e. f. Raynor ~ 20 o. l. rroferred.
& Co and Bell & Co. bought Mapasn psoid r.
schepp bought Brooklyn Rapid Iranshtu IttnShry r r
savin & Co. sold. Van Emburg q ASsihpu VIZ. Worden
Mead & Co and W. D. Hatch bought WIZ VIE nev
e Co and c. A Missing Co sold %sold. Pay paSyobt o.
Heaton bought St. Paul Day & Heaton @ oougmi S
BrooRiyn Rapid Transit; Wasserman Br9tnet55 ana
q; Go6dboSy nibo & Co.. F. W. savln CO. and 4. de
Cordova & Co. bought Atchson preferTed; a. NtH. a.
Housman & Co.. Burril & Sttt ana Price, "iS
Cormick & Co sold.
New-York tribune., 1899-07-27
CHARACTER OF TRADING

Twelve stocks furnished the bulk OF the days
trading The dulness Of the market can readily
be judged when dealings in Sugar Refining and
Brooklyn Rapid Transit amount TO less than nine
thousand shares, and when Federal Steel transac-
tions foot up less than one thousand shares Ac-
tivity in Kansas and Texas preferred was due TO
the statement that the company would show per
cent earned the year. while the advance in Peo-
Pies Gas followed the report that the company
was negotiating for the control OF the Ogden com
pany Of Chicago The Ogden company is not ar
important rival. but It's absorption by the Peoples
Gas Company would give the last named concern
tho absolute control OF the gas field in Chicago
St Louis Southwestern securities were again feat
ures in buying. induced by reports that the COM
pany would pass into the hands OF the Rock Island
or some other big property Consolidated Gas was
erratc conflicting reports regarding the gas
war. At time II sold PA points above its clos
ing OF the preceding day. but subsequently It de-
cned u point under the opening. closing at net
New-York tribune., 1899-07-27
STANDARD ROPE AND TWINE.

II the Standard Rope and Twine income issues
sell off II will be due selling induced by the de-
csion Of the company not to pay interest, despite
the fact that interest has been earned Selling may
also take place owing to the fact that the company
has decided to the greater part OF this years
surplus in buying material, rather than in re-
tiring any large amount Of the first mortgage
bonds OF the mortgage issues outstanding per
cent will be retired and the balance OF the years
surplus which will probably amount 10 about per
cent on the incomes, will be used for raw material
The policy of the company is to accumulate large
amount OF raw material when prices are low and
while this a longer wait for the holders of
the income issue before receiving a return on their
possesslons II will add strength 10 the company
by placing II in position to make big profits when
prices higher. Last year the company showed
year ending July 81 the showing will be as good
hetf
New-York tribune., 1899-07-27
AMERICAN LTNSEED OILS fOol11oN'

Tbere has been a fair degree of activity IN the
oororoon and preferred stocks Of the American Li'
seed OIL Company IN the last two days some u
tho bpvine has been traced TO the banking houses
which were afated with the organizauo OF the
company last spring. and which are supposed ~
have llouidated their holdings at tnat time d.
nrices % per cent higher than those now current
II Is said that the decline in these Tor the pre-
ferred and 20 per cent higher for the common s'ocA
shares in tho Chicago market was due 10 specuid-
tive congestion there. resulting IN hquldatloh oS
weak holders Since the change In management
and the declaration in Juno Of the first quarteriy
dividend of 1s per cent on the preferred STOCK oL
the company, the preferred has risen some Wgl0
noints and a better feeling Is Observable Inc
management is now located in this city. II IL
oncIaIlv stated that the company has the sep
ternber and December quarterly dlvdends OF & ~
nor cent on the preferred stock IN lts uSaout ,,
Tho officials also say that the company y uoIns
safe business Of fair volume and at steauy '
and that they know Of no reason why, , utuei -
mai business conditions they cannot Always ea'i ~
The dividend on the preferred Inc coIhpaItSI Wy az
lender Of 81 100000 call In wall street W =" ie i.
tbie "a not the season when the company Hdhe' iSa
beevy outlaws for seed. IL is considerea tnao & omo
fact mentioned above indicates that tne a.,
has annie working capital and therefore a Is III bi e.
aycaert positton take advantage OF Idso ao9
trada onnortunities-CThe New-York News Bureau
New-York tribune., 1899-07-27
THE DAYS OPERATIONS IN STOCKS.

Tho stock market was dull and Irregular Win
fevv important changes at the close as coihpai eu
NTH the final level of the preceding uaS' III
so,ne issues decided strength was sho"h' ""'0
in all issues the undertone was one Vi III ii''O
until the afternoon trading Traders as iUl9
are bearish but they are not courageous eiioue'
- atten,nt an active campaign against VAL
nos having neither the support OF the pis ne"
NOR ~ technical or business conditions Inc
market rallies easily on the slightest uerha""
for stocks and on all recessions there appears
TO be an active inquiry; but there is no olspo-
sitior on the part Of the important interests 10
advance prices pending the absence Oh 'ie puV
rc from the market If the big men who hold
stocks start in to lift prices their movements
min no based upon the assurance that the pub
lie is ready to buy. They do not want hleh
nr,ces.with no buyers on the other hand they
do rot,want 10 sell at the present level because
that would be equivalent to unloading on then'-
selves while in addition they would nave TO
+ake the stocks that the public would be fright
ened into selling
There.appears no probability of an active mar
ket inst at present The people who hold the
greater part OF the floating supply or STOCKS VIII
not begin an active bull movement until they are
sure of public support, and the bearlsh uauers
will doubtless hesitate TO start an actVe Dear
capnaien when stocks so well held anu
business is so prosperous. The current invest
mont inquiry is not heavy. but there IS quiet
buving of good investment stocks ana poIus al
nrivate sale and on the Exchange. There is
oood demand from Chicago for Peoples Gas %
nor cent bonds. and brokers who are Interested
tn high class preferred stocks, such as North-
pest preferred and ST. Paul preferred report a
,eadv market for these issues whenever any OF
tbero are offered for sale. In these days or hgh
.oxes neople who are anxious TO get investments
that are tax exempt will do well TO buy Nortn-
west preferred and st. Paul preferred, whch
WELD more than the average high grade ooho
Yields The new Mexican bonds are quoted at
1o1 hid and bankers who took part in the SUD-
scrintions expect 10 see a much higher price for
those issues They are worth owning, making a
bigger interest return than any first class Gov
ernment bond on the market.
People's Gas was we'll bought yesterday; also
Missouri Kansas and Texas preferred and St
Touis Southwestern issues. AtchisOn, Rock ISL
and ST Paul New-York Central and Pennsyl-
vania were other active features Sugar Re-
dning and Brooklyn Rapid Transit were not
heavily dealt in and both were lower The
whole list was heavy in the afternoon, and at
the close the greater number Of issues showed
small net losses A break in American Mating
was due to selling induced by the attack upon
the company by stockholder. who apparently
is poorly informed regarding the property.
New-York tribune., 1899-07-27
BANKERS posted rates were:

DOMESTIC EXCHANGE. - New-Oreans-Com-
niercial 50q75c discount; bank. 50c premium San
Prancsco-Sight. 10c; telegraph. l211c. Cincinnati
Over the counter. SOC premium between banks
par and 50Q6Oc discount. savannah-Buying, l-l6c
discount; selling. 75c per 1900 premium. Charles
ton-Buying par selling. &c premium. Boston
Par Chicago-l0c discount.
Rank CLEARINGS. - New York - Exchanges
s5l s5S 237 balances, ss9A .935. Observation-Disclosures
s242D6 44s; balances $3.l9s.6O2 Chicago-Exchsnges
s17 565 1892: balances. H6533l2. Phiadephia-Ex-
changes N37S975; balances, $.2957d. Baltimore
Exchanges $3.Ol3,S 81: balances. $390 2ll.
FOREIGN MONEY MARKET-Call money In
London, 2 per cent. Open market discount rate
BIZ per cent for short and 3l4d5&s per cent for
long bills Berlin discount rate, 80. per cent Ber
lin exchange on London % marks 49iz pfennigs.
Paris exchange London. q francs 2Sl4 centimes.
Paris discount rate. 2s4 per cent
FOREIGN SBCURITIEs.-Brttishc consols. l0S e-l6
for money and 1O6% for the account French
sentes 100 francs % centimes. Spanish Is IN Lon
Don. e0k
THE SILVER MARKET.-Bar silver. eOAc; Mex
lcan silver dollars. 4sc. Bar silver in London.
N n-lsd.
GOLD PREMIUM.-In Madrid. 2 Lisbon. $3.50;
Buenos AyTes. uA.60; Rome. 7.s. .-
New-York tribune., 1899-07-27
SUGAR REFINING PROFITS.

The present difference between raw and refined
sugars is 50 cents. which means that the Sugar Re-
nnng Company is more than earning its dividend
this summer The consumption OF sugar has been
largely increased in the last few weeks. and as a
consequence the Sugar Trust. it is understood. is
handling a larger amount of business than ever
before in its history. AS the sugar is
far as doing business at a loss is concerned the
Street is bullish In Sugar stock, but owing to the
great manipulation OF that stock outsiders Just
as likely lose their money II they speculate In 1t
nj nresent as in periods when trade conditions are
less favorable. The trade situation is not safe
guide in Sugar stock speculation. As a rule, In
siders alone make money In Sugar Like Tobacco
II is good stock to leave alone
New-York tribune., 1899-07-27
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDs.-Market firm. Final
quotations follow:

RAILROAD BONDS.-Market strong. Total sales
amounted in par value to s26S77OO against 81 6s7 900
on Tuesday The heavy dealings were in the Atchi-
son issues. Chicago Terminal Transfer As, Central
Georgia 5s General Electric 5s, Kansas City Pitts
burg ana Gulf lists: Missouri Kansas and Texas 2ds
Northern Pacific As st. Louis and Iron Mountain
5s St Louis Southwestern lists, 81. Louis South
western DDS. Union Pacific As, Wisconsin Central
lists and Wabash debenture BIS.
New-York tribune., 1899-07-27
MONEY AND EXCHANGE.

MONEY RATEs-Money on call. 3}4 per cent
with exceptions at per cent. The time money
market quiet and easier In tone at per cent
Tor sixty days. ~ per cent for three months, Az
per cent for four months and Az per cent for six
months on railroad collateral and above on mixed
collateral Commercial paper rates were 4g41a per
cent for three months. 4Q4l3 per cent for four
months and 4G4lz per cent for six months for the
best names. and above for paper not so well known
FOREIGN EXCHANGE.-Market dull. Actual
closing rates follow:
Gables. Sight. Sixty days
Sterling 4. .SeQ4s4h 4s7A44.S7h 4S4404.s45a
Francs. % l6A l-l6go.l6. BIZ a. 3s-l-l6 80
R'chsm ks. e5 7-16 95 3-l6a454 944Q94ss
Guilders.... 40 3-l6 4OQ40 lie
New-York tribune., 1899-07-27
BONDS.

Ar&sF gen 4s1olh - ~ 81 m M q, q os @ &C., LII
40 40 e.. Hy Ss 11s i do % .....--.@- Sott - y
p & G 1st.. 61& = III Union Union tA1 ~ Ias 36s y 9.
~ X & T 3D.. 69l& IA Wapash ue' i' '
Nor 4s..... .lBh - "a
New-York tribune., 1899-07-27
LITTLE LIFE IN STOCKS.
LAST PRICES AT RECESSIONS.
MONEY MARKET CONDITIONS - BONDS
FIRM AND INACTIVE.

Closing prices yesterday OF the priheip", "
tive securities and net changes from iue0o"'
last sales were
New-York tribune., 1899-07-27
BONDS AND BANK STOCKS.

SO774 900; excess Of expenditures. flD,170526 he
cepts OF National bank notes Tor reoempuon
New-York tribune., 1899-07-27
OUTSIDE SECURITY MARKET.

STREET RAILROADS IN THIS CITY.
Qaeported by c. l. Hudson & Co.. Nos. "a & SO Wall-sD
BONDS.
New-York tribune., 1899-07-27
RAILROAD EARNINGS.

Third week in July railroad earnings received
showed the following increases oNe' '''e
same week year ago: ras.
New-York tribune., 1899-07-27
JOHN JACOB AsTOR A DIRECTOR.
SECURITIES AT ATCTLON.

The Electric Vehicle Company has completed IL
Board by electing John Jacob Astor a director
New-York tribune., 1899-07-27

70 shares National City Bank Of Brooklyn. 27Gi
shares Importers and Traders National Bank. 5iOis
az shares Pacific Fire Insurance Company 1921
10 shares Title Guarantee and Trust Company.
Produce Exchange Trust Company
5000 city ~ Brooklyn per cent Public Park regis
tered bonds. July /. 1915. interest Janu-
ay and July accrued interest from July
last charged 10 the purchaser. I49Is
SIa 600 City Of New-YoEk per cent water stock. reg
istered due November /. 1902 interest May
and November accrued interest from May l
New-York tribune., 1899-07-27
financial.
financial.
>.oo.co~~~~N~~~~~~> ~>|J~~"~"rNoc-> - !. n, url v
THE CANADIAN PACIFIC RAlLWAi
rnANT nDNDS.

SO LAND GhANI Dp'D''
s .,aos ,der the Mortgage dated ist sep'ensss.s
lssi securing the payment of Five per desrs
Bones OF the Canadian Pacihc kai"a1 - sach b,nts
- racatve nronosals for the sale 10 them o ,or thst
up 20 the mount OF s225 900 par value -
nIrnose being In their hands for sales OF nurcass
The Mortgage provides that the trustee Sessns i0S
Bonds al the lowest price offered, noss, nos Interest
pronosals addressed Charles lrinkNau uentresi,
,etary Canadian Pacific Railway COMPANY n day ot Az
he deliyered AZ his office before the o srcrrsd
gust next, stating price asked in addiuoh 10
terest. vars
GEO n CLARK,
JOHN TURNBULI>
Montreal 10th July 1899
New-York tribune., 1899-07-27

last 10 be charged TO the purchaser ,i"on
so ofo Jersey CITY Z per water scrip due Apfi
sio'o 1902: interest April and October; accrued
interest from April last TO be charged 10 ,osx
purchaser
G, ooo Duluth Transfer Railway Company nrst mort
"'V gage q per cent bonds; January. 1870, cou-
pons on lMetI9por''an ii ' ".'-..... 25Ss
25 shares Mercantile National Bank 'i's
100 shares American EScnaise isTa1s7h
shares American Exchange National Bank ii9a i9s
National Bank ae5==2
shares National Bank OF Commerce co.
10 shares Fourth National Bank dsos
~ shares Trust Company OF America
rs shares National Park Bank -. 'f''7'
f3OO Nev,-York Betting and Packing Company
Limited per cent debenure bonds, due lvlS' ..o,
Interest January and July per Dond sJol
Il Wharf and Warehouse Company nIst
mortgage per cent gold bond, due ltio,
couponS ouponS s reD'ua's a'1 e..'........-.... s8A
Is shares International Banking and Trust CompanyU
shares National Bank of Commerce ........t.'<'o
New-York tribune., 1899-07-27

The following securities were sold yesterday
at auction at the New-York Real Estate Sales
room by Adrian H. Muller & Son:
New-York tribune., 1899-07-27
SALES AT THE STOCK EXCHANGE.
RAILROAD AND OTHER STOCKS.
Albany G o,le

-Actual alsales--j-Closing- shares
Lopenl HighlLow.l Fin. Bid. ASK. sold.
New-York tribune., 1899-07-27
TILE TRADE N CHICAGO.

N.t earnings u mos. 50. 42l.4li s8.soo'ZoU VS.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1899-06-28
PINGREE's PLANS sHELvED.
City Ownership at Detroit Gets an Indef-
mite Postponement.

Detroit. juno 2S.-The plans of Gov
ernor Pingree and his associates for
municipal ownership and operation of
Detroit street railways were left in
the air. by the common council last
night. The two pending ordinances and
other matter appertaining to the mu-
nicipal scheme were laid on the table
by unanimous votes, and it is problema-
teal when those questions will be again
debated.
The joint committee on streets and
ordinances found that no bargain could
be made with the railways if 3-cent in
stead of 5-cert fares were inserted in
the security franchise; and considering
the lack of legal authority for pro-
ceeGing to special election the litiga-
ton. and the other contingencies, the
committee unanimously declined to rec
ommend any steps toward city owner
ship q this time. The committees re-
port was unanimously accepted and the
ordinances tabled, thus ending the en-
tire matter for the time being at least.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1899-06-28
COSTS THE MEN A MILLION.
The Hitch in Agreeing to the Tin Plato
Scale with Employees.

PittsburG, June 2S. - Secretary John
Williams, of the Amalgamated associa-
ton, has notified all lodges of the failure
to agree on the tin plate wage scale.
The lodges are asked to meet and again
consider the scale. Williams does not
expect to receive replies from the vari-
Gus lodges before next week. Special
meetings will have to be held in order to
decide upon what action shall be taken.
1t will be at least two weeks before an
other conference can be arranged
The delay in arranging the tin plate
scale Will result in serious loss to the
workers. A low estimate as to the loss
in wages, if a settlement is reached
within two weeks, is over $1,000 600,
fully three-fifths of which would be
paid workers in western Pennsylvania
if the plants continued in operation.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1899-06-28
Applause IL ..panIsh Theaters.

If when travelling in Portugal or
Spain you go to the theater and wish to
applaud any performer, be very careful
how you do it. Do not hit the ground
with your stick, or kick against the
woodwork of your box, or stamp with
your feet. A few years ago l was in
Lisbon and went one night to one of
the theaters to see a ZarZuela, as the
comic operas imported from Spain are
called. was with party of friends in
stage box. Now, in Portugal such a
box is, as the name implies, on the
stage itself, and you could not be near
er the performers. Needless to say, you
are too near for comfort. The light
blinds you, the dust and powder cover
your clothes, the defects of the perform
ance are glazing.
On the night to which specially re-
fer a woman came upon the stage and
sang ballad with much taste and feel
ing. When she had finished, some Of
my party applauded, and knocked on
the floor of the box with my stick. The
woman did not accept an encore, and
as she went off threw a reproachful
glance at me. 1T was not so bad as all
that" remarked one of my friends,
good judge of music $50 thought, 1
replied. ''Then why did you condemn
it, he asked, and then began to laugh.
II see you don't know the custom of
the country. he went on. when we
find a thing very bad indeed, we do as
you have been doing" felt very fool
ish. Today.