davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18
FINANCIAL AND COMMERCIAL.
MONDAY, April IL.

MONDAY. April IL.
The strength OF the stock market on Satur-
day encouraged expectations OF a further i'm
provement In prices this morning. There was
IN advance In the early dealings. but 1t did not
hold because the accumulation OF buying or
ders over Sunday and the efforts OF certain
traders to bid up prices encountered consider
able amounts OF various stocks. The dispose
zion to take profits in Brooklyn Rapid Transit.
Manhattan Railway. Continental Tobacco.
Sugar Refining and O number OF others that
have advanced sharply OF late was unmistaka-
BILE. The room traders promptly turned from
the long TO tho short side Of the market. and
the two movements Just described encouraged
the operators who have undertaken n bear
campaign in railway shares based on reported
damage to the winter wheat crop to make an
aggressive demonstration. The result was a
pronounced. though by no means q general.
reaction during the middle Of the day.
A number OF stocks were exceptionally strong
throughout, and closed materially higher than
on Saturday. These were General Electric.
Metropolitan Street Railway. American Cotton
Oil. National Steel and Anaconda. The last
was dealt in more extensively than at any time
since II was listed on the Stock Exchange.
Other stocks that showed a tendency to hold
their own while the liquidation in the more
active issues was taking place were Delaware
ana HUDSON. tennessee COal ana Iron, CnlcaRO.
indianapolis and Louisville preferred. North
American. United States Rubber and American
Tin Plate. In the early dealings Colorado Fuel
advanced to the highest price let recorded for
II. but the improvement brought out sufficient
stock to carry the price below the final figure
OF last Saturday. OF news affecting the various
issues that have been named there was prac-
tical!y none. As a matter Of fact. the market
was largely q professional affair. trading
through commission houses being restricted
apparently by the persistency with which the
call money market rules close to the legal rate
Of. interest. There was unusually heavy trad
ing In the outside securities market. particu-
larry in American Smelling and In the Electric
Vehicle stocks. The inquiry for American
Smelling doubtless arises from the fact that
the engraved certificates for the common and
preferred shares will be ready for delivery to-
morrow and the distribution Of them will per-
NIT the transfer Of dealings from the curb to
tho floor Of the Stock Exchange at an early
day. probably before the close of the week. In
the final dealings the market rallied a little
from the loves prices. but not enough to fur
nish circum stantial evidence that the reaction
has run its course.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18
Chicago, Peoria and St. Louis
Railroad Co. Of Illinois.
REORGANIZATION,

2I PINE STREET,
NEW YORK, April IL, 1899. (
TO THE HOLDERS OF,
First Mortgage Gold Bonds,
Second Mortgage Income Bonds,
Preferred stock. and
Common stock
of the Chicago, Peoria and St. Louis Rail-
road Company of Illinois.
At the request and under the appointment of the
holders NJ moro than a majority In amount Of the
First Mortgage Bonds. Preferred stock and Common
Stock and OF the holders Of a large amount Of tho
Second Mortgage Income Bonds. the undersigned
have consented to act as the Committee ON Reor-
ganization of the affairs Of tho above mentioned
Railroad Company. under the Plan and Agreement
OF Reorganization dated April 7, 1924.
AZ a part of such Reorganization it is provided by
the Plan and Agreement that the railroad. equipment
and property of the St. Louis. Chicago and st. Paul
Railway Company of Illinois also shall be acquired
upon the basis set forth in the Plan. and be united
with the railroad Of the Chicago. Peoria and st. Louis
Railroad Company Of Illinois into a single system
and ownership under the name Of the st. Louis
and Peoria Hallway Company, thus establishing a
through line between st. Lonis and Peoria.
Holders OF above described securities are invited
to become parties TO the Plan and Agreement by
depositing their securities hereunder with the At
lantic Trust Company of New York. Depository, 80
william Street. New York City. ON OR BEFORE
MAY 9TH, 1890. Certificates of Stock to be duly
Endorsed to the Reorganization Committee. and
stamped.
Trust Company negotiable receipts will be issued
for securities deposited.
Copies of the Plan and Agreement may be obtained
at the ONCE OF the Depository Andt the Reorganization
Committee.
THOMAS CARMICHAEL,
Chairman.
CHARLES +. DEAN,
EDWARD IL. LADD, DR.,
REORGANIZATION COmmlttoa-
SULLIVAN 4 CROMWELL.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

MONDAY. April Observation-Disclosures was
steady. Sales "a. zoe bush. for export here and
at the outports. No. l northern Duluth. Ike.
over May I. O. b. aioat; Mol hard Duluth.
lie. over: No. / northern New York. 6hc, over.
Futures closed nc. to &c. higher. with sales OF
2.315,00O bush. Prices as follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

Total sales of railway bonds tpar value). SS, oes. 900,
RAILROAD AND OTHER sHAREs.
Open HIGH LoO- ~CgoTno-
SaIs. tnO. aL est Bid. A,ked.
1oAdm EIll6 ll6 ll5 ITO IFS
1880 A st&w 67k 50 66N 654 e5N
23sO Am Sta
wp... 90 90 osA 90 eeh
lSAbo Am s Rl6e l6eh lo4 le4H
aoAsRp.llsH llsH ll7hile lls
a2$S Am Tin. 4S 49h AN 4s ASK
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

Memphis shipped to-day 716 bales. Augusta none,
81, Louis .olo, Cincinnati 1873. and Houston 1888.
ern States generally during the next thirty-six
hours, with lower temperatures In Texas, Oklahoma,
Indian Territory and Arkansas. and higher ell e.
where. New Orleans advanced q to Q points. Flu.
lures closed steady at a net rise Of 9 to 8 points,
uIth Yriraa aS fp1ln0a.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18
9inanrial.

Under this heading one of the stand
ard financial and commercial authorl-
ties among the great dailies OF the
United States, the Boston Journal, in
its issue of April 4, 1899, says:
The Boston transcripts" summary of
Boston's mining interests is decidedly stgnUf-
cant-Sa06, 454, i75 IN copper and io,6i5,0O
in Octt and miscellaneous"
The American production of copper is IS
per cent. of the porid's total, aud all Of this
production is practically due to Bosto'i's cap
~italists. First in Michigan, then in Montana,
they hare Developed the magnificent properties
today Boston capital has reached out to still
another field for the metal ,chich the Hub has
cromned king Of ores.
In this ne,D copper country the enerJy OF
these pushing Boston porkers has more than
doubled the production in the past three years.
and IL is stated on the highest authority that
1899 piH eclipse the record of 1898. As az
n neW field of riches. uaiues are continually
developing in ne,p territory, and additional
ralues in that already opened up, 80 in Arizona
it appears ,re are to hare erentudty the great
est and richest copper section euer discovered
in the history of the porld. The most favored
section of all, the famous Clifton district,
t1here are located the great mines of the De-
trott and Arisond Copper Companies and the
Arizona Copper Syndicate, contains ccen no,o
more actual diridend-paying mines than any
other single mining camp in the uorld.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

to-day. compared with that Of Saturday. shows:
April H. April n.
Gold coin and bullion :. s342. e1S, 265 t342. oe2. 0e6
Silver dollars and bullion t~,936,SS5 6,37h,H2a
United States notes ..... 1A,2p1. 1855 13,SbS,1IO
Other assets less demand
liabilities .........u... 10,26t,S38 2l,SAl,1l6
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

Corn was steady on The spot; salee 500, 600 bush. Tor
export here and at the outports. No. 2 old. s1fc. over
May in Chicago: do. new, 30. over. Chicago received
1875 cars. Futures closed sc. higher. with sales Of
10000 bush. Prices as follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

The general balance sheet shows cash on hand
$34 .lOl. and a profit and loss surplus Of S64. 1907.
Ernst Thalmann.. Chairman of the Kansas
City. Pittsburg and Gulf Railroad Iteadjust-
ment Committee. makes the following state
ment: The accounts and physical condition
and needs OF the property are to be examined
by an auditor and railroad expert appointed by
the committee, Subject to any modification
made necessary by the reports OF the auditor
and expert. the committees. proposes to first re-
organize the affairs ofthe, X. c.. p. and G. Rail-
road Company proper, endeavoring to give the
present bondholders an amount OF new bonds
and preferred stock equal to the par Of their
present bond holdings, II is proposed TO make
the plan sufficiently comprehensive to permit
OF dealing with the terminal and other proper
ties. at q later date II deemed wise. The reor-
ganization Is making satisfactory progress and
very substantial deposits have already been
made"
The receipts Of the Government to-day were:
Customs, $+S5. 75S: internal revenue. 81 .43l,-
3l3, and miscellaneouB, sos. 1858. n total OF
-, l25.S29. The disbursements were $l.S70,-
ouO0. an excess OF receipts over expenditures OF
S250.S20 the receipts of the fiscal year to date
have been, S4O5. $50, 304' the expenditures
Si93. an excess OF expenditures over
receipts OF SSS. 292. a09
The official count OF ca,h in the Treasury
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

New York Stock E1ohanGe-saIes April II.
UNITED STATES AND STATE BONDS I'm S1.ooos).
10 Usss.r...-..losh 10 Us +s. r. 1eo7ll2h
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

1t is very far from being a fact that
the most money made in mining comes
from the properties containing the high
est percentages of mineral in the vein.
The low grade mines are in the ma
jority among the high payers.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18
COMPEND.

Total sales. 3.46o shares.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

Mdrcn 81.
1929. 1895. Ciano,s.
Gross earnings, e. ,S136, 601 $18S, 500 Inc. $i0I
Up. expenses lo4'6Sl 8I,722 Inc. $3.50
Net earnings. . SSs, 900 S4o.77s Dec. 1863
Other income..... I,211 1881 Inc, 3SO
Total income",.. Sa5.1sI $42.36n Dec. $7.28s
Charges. ........... 2I,4S2 2T,4S2
Surplus. ...,'..... $3.50 S1+.Ss7 Dec, 81. 23s
The general balance sheet shows cash on hand
$3.50 and a profit and loss deficiency OF
$3.661.
The Albany Railway Company reports for the
quarter ended March 81:
1899. 1898. Changes.
Gross earnings, ,.Sl6B.L46 Sl46,5s4 Inc. $1O,NH2
Operating exp's.., 1895 96.393 Inc. l7,222
Net earnings. ... $42, H3l $40, lpl Dec. 81, 2bO
Other income. S72 T34 Inc. I3S
Total income. $48. SOB sac, p25 Dec. $aI22
Charges .......... 27,O5b -. 500 Inc. 2,8R2
Surplus ........ S1d,74S $25,232 Dec. SS,4s<
Tha DaparaI balance ahoat sl,ou,, zach -. L..l
The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18

All estimates of prodts from the syndirate'' mines
have been made on the ultra-conservative basis oe
selling copper at 10 cents per pound. whereas mo
actual market price is IL cents or more; and the IN
eIorable laws OF supply and demand absolutely pre-
clude even the possibility Of copper falling IN proc
for months, II not years. to come. Yet. even at -
cents. these mines. with their 5o.ton Emelter In &C.
tive operation on the property. will yield a prom "
over $500. 900 annually.
We regard these shares rs by far the mo"
desirable purchase of any copper shares on
the market to-day, and believe they will sell
at $50. 90 before the end of the current yenr'
onlya limited number Of shares will he SOLD AZ
Four Dollars per Share. full paid aud non's'"',"
able. Prompt application will be necessary to "o'
tain them at this price.
And after this issue no more ,HH be- so"I
at less than $500, the par raiue.
Applications accompanied by check made payable
TO the Company's Fiscal Agents. Joshua Brown %
Co, may be addressed as below.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01
Mr.. HOBART IS STILL ALIVE.
40 RELAPSE OR DEATH EXPECTED
WITHIN TWELVE HOURS.
His Family and Physicians Give Ont
. Statement Of Ms Condition.
Showing That He Has Been Grad

PATERSON. Nov. l-::o1 a m.--Vice
President Hohar, Is resting quietly lie
has slept since o'clock. and Dr. Newton
reports his condition improving.
relapse or death is rot ant cipated
within the next twelve hours
The following statement Of the origin
and development OF the Illness = Wee
President Hobart Is authorizes ~ his fam
tiy and che physicians who have attended
him:
There are several reasons why the ex-
at nature o. the vice presidents mala0y
has been withheld from the public In the
first place. the family has desired 10 re
serve 10 itself the privilege Of retaining
such facts as were Of private nature. AZ
The same time recognizing the right Of the
public 10 accurate Information in the case
Of an invalid holding high public office
Moreover. there We're reasons connected
with the vice presidents relations with
the government which prompted a sini ar
policy. This was done, however, not for
the purpose q secrecy. but - avoid en-
oafras SIneut. In addition the effect Of
publicity upon the vice presidents health
had 20 he considered h was dligent
reader OF the newspap ers. and il was OBJ
served that the alarming reports which
crept into the papers and there met the
vice presidents eye had q most unfavor-
able effect. For this reason Il vas deemed
advisable 10 keep certain facts from the
public Recently the family and physicians
have decided 10 place the facts more clear
~ before those interested. and the state
ment is therefore issued IN accordance
with the plan.
The Illness OF the vice president may
be said to date from the fall OF l&s, prior
10 his return To Washington in November.
Al that tina mis- physicians observed symp-
toms OF embarrassed respiration. with fire.
quent attacks of angina pect0ris. This
condition responded readily 10 treatment,
and when the vice president went 10 Wash
ington in the latter part Of November he
was In good health. He stood remarkably
well the strain and excitement incidental
10 the opening OF congress, and he was
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01
BARGE IN THE BNEAkERS.
Life-Savcrs Ready to Assist IL She
Goes to Pieces.

NEW YORK. oct. 3l.-Word was re-
ceiyed from Galilee. y. j., at So y. m,
that a large barge, deeply loaded. was
coming ashore The Nfe-saVcfs were
standing ready II go TO the vessels as
slsfaNCe.
The high tide and sea- carried the barge
- within 80 yards - the shore. She has
one anchor ont and al =. IN. was pre-
pairing q second
The anchor let out ia not stop the YES
sells drifting AS she came closer to shore
the forms II four OF five men on board
could be diScerGei In the gathering dark
ness. Old sailors on shore thought there
was small hone for saving any Of the
crew If she struck. tn" terrific seas
would speedily break her up. II she did
not break M at once the darkness would
seriously interfere with the rescue Of the
unfeTtunates aboard.
At 10 p. m the barge was on the bar.
about 81" feet from shore, with the sea
running So high that IL is impossible for
the Hfe-saYers "a get AT her. The wind
was blowing thirty six miles an hour aud
- was thought by the lie savers that
the barge would last at ieas, until morn
iug The men on The barge had put n
light Up. and the Hfe-savers were on the
beach ready with their apparatus should
the boat show any signs of breaking
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

making favorable progress until in Jan
uary NE became victim OF the grip Fol
lowing this there Nas a return Of heart
trouble. accompanied with signs OF fagen-
Grafton. His ailmcut VAS diagnosed as
duated right heart due 10 rnyocaraitis
The recovery from ;his attack was less
rapid ana on the last day az The session
the strain and excitement CT delivering the
closing speech vas so great that he was
ca the yerg" of q collapse.
"A few Weeks a-terwari. toward the
middle 81 Marc the Vice presiaer, and
hts family, together with the presidential
party. went - ThCmnsvil'e Ga. 10 visit
Senator Hanna The fatigue ~ the trip
affected Mr. Hobart very ufavorably. and
his condition was further impaired ~ the
intense heat and humidity then prevailing
A. socn ~ possible he was taken - Long
Branch where beneficial results from sea-
If! and quiet were expected. Hts preuie
toward recovery was not mad howev.-
az the rate that vas anticipated. and trip
20 Lake Champaign. with the fatigue and
exposure incidental thereto fastened rath-
er tAar retarded the course ot his disease.
Since then his system has not responded
- the ntnistraiioaS ~ his physicians. and
ne -titTra' condition ~ the last few DAYS
RS been the result
II should be- added that ever since his
Illness became serious ne vice president
has had the benefit Of the best medical
attendance ard treatment His attending
anal committing rhvsIoiaus have at All
times agreed up0U The nature - his
disease ara upon the treatment q Il. and
tl+- yes is % p expected
"It is apparent from thIS statement that
~. vice president Is ~ no condition :, re-
sumo his political tuties II Washington
His family de4ire, therefore - announce
.FttF ~. Nj -
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

Funds for volunteers.
WHOLLEY BIDS FAREWELL,
Thanks Men for Their Gallant serv-
Ices and Presents 20. With
Captured Trophies.

SAN FRANCISCO. Oct 3l.-Col John
II Wholly OF the Washington volunteers
Will not accompany his regiment home
when il Is mustered out. Upon receipt
OF the news Of his appointment as major
Of volunteers today he called his men
together ard made speech thanking
them for their gallant service at the
front, and expressing regret that he Was
not permitted 10 make the journey north.
The commander then presented To Com
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

Port Btakeley April y. damaged and with
!eck,oad tettisoned. She encountered
gale on May 2, in which her stanchIons
Wcre started, and III latitude north. longi-
IL lie 10 west. she was struck by a tornado
ric2ne that followed she was thrown on
her beam ends. her vince! was carried off.
she sprung a leak. the main winch Was
torn up. taking with 1t a portion of the
main deck and various other damage was
sIlef Airei.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

A. the soyernnen; Offices no effort was
made 10 conceal the feeling Of disInay pre-
vailing. One Official said 10 i repre- senta
tive % the Associated Press:
II IS inexpiicaole and ! am sorry 70 say
that mural effect Is inestiInaAe We have
lost heavily in many ways and had regi-
nents almost wiped out bat to have req
alsnts captured ana BY B0eTs, IL IS terri
be"
An official Of the war office said 10 4
representative of the Associated Press:
The disaster is more likely due TO the
craze Of cur younger officers 10 disiingu is n
themselves and obtain mention ia The dis
patches and earn the Victoria cross, than
10 the fault Of that splendid Indian veteran.
Gen. White. III spite Of his av0wal.'
The disasters had an immediate effect
on the stock exchange where consols fell
II. South African securities dropped
heavily.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01
Resolutions of sympathy.

VICTORIA. h. G.. Oct. 3I-At one OF the
largest meetings ever held here, tonisht.
resolution iildOrsing the policy Ot the
British government in the South African
war and expressing y mpaihy of The city
via the friends of those who fell IN yes
terday's disastrous reverse 10 British guns
was ADOPTED without 4 GlSSi uting vote.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

coast Of Asia and for twelve hours was a
Us mercy. She could make no headwdy
and had to beave to for while. At IT'S
height thu typhoou played havoc on tho
poop deck. Everything wac swept clean
away. The boats Were carried away, hut
the nlasts remained uninju Her entire
stock OF fresh meat and provietops we're
carried overheard and for Two wSelss u
fcecs and crew had nothing but few
casks OF salr pork TO eat. ,
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01
Papers Keep ID Courage.

The tone Of the editorials Of the after
noon papers can be summed up IN the
following statement Of the ST. James Ga
zet,e:
1t is evident the patriotism and ford
tude Of the nation are 10 be tested in real
earnest by these operations II ours in
Natal against great odds Gen. White nad
"a difficult task set aim and Ne must take
the disaster vita dJssei Cooluees, watch
Britons know how TO display. We shall
await the final Result without apprehsn
SION
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

lii Evening Telegraph, John DiiLon's pa
per. rays, "a big bully triumphant IL no
lovely spectacle. bst 8 big bsslly beaten
IL the very acme II disgrace
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

OF which G., SD viii be regulars and the
other @tso miscellaneous bat excellent COL
Qrial t~o0ns
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

In the absence Of news the morning pa
pers are reduced 20 speculation as 10 how
the disaster occurred. The general opin~
ten Is that the misuse Of the cavalry was
the real reason for the fall into the Boer
trap. Apparently there was no cavalry
t. watch over the safety OF the mission
column
The Morning Post. pointing out how
near the BRUSH were % "a still greater
disaster" says.
In capturing tho column the Boers
also had the Devonshige regiment prac-
ticaiiy at their mercy. ard a little more
daring would have made a bad business
much worse. and seeing that a force
strong enough e. scoop UP a couple Of in
fantry .battaiian- could have put Itself
practically between Sir George White and
his camp. We may he very thankful that
things today are not more serious than
they are. The lesson has been severe
one. II IS humilIating To find a nation
OF farmers bcating soldiers at their own
game. but the sooner proper respect Is
had for Boer strategy and tactics the
better for oar forces in Natal"
Determined Ia Garry IL Through.
This SOLDERING note is struck By all the
morning papers today. together with the
expressions Of determination 10 carry
the matter through st whatever cost.
The Daily Chronicle. referring editori-
ally To the situation. says:
after the patcn, failure Of the cam
paign and the terrible humiliation ~
the British army. we can only vaguely
hope that Sir George White in the hard
days that He before him. may be able
TO hold Eadysmith Retreat would be
an undertaking which the lima Eiuatlon
falls 10 grasp II this war Is IL be - war
OF vengeance. we shall have 10 wipe out
disaster before which the nlemcry Of
Matuba fades away. The empire Is face
tn face with ii yepulse COMPARABLE only
Ia the surrender of HurRoyna "a the .pl-
battl"d FARMERS of our American colonies
II the catastrophe calls forth sonnet hing
better than music han patriotism. we
may come 20 reckon r. "a "a timely lesson
well earned FOR the good II our souls"
other Pres, Comment
The Daily News SAVE: II n Ia found
possible to move the stores. Sir George
White ail probably he ordered 20 With
given 4 VIII T.. tccnusc = removal or The
stores would be ta1 risky"
The Morning Post calls attention - Sir
George Whites use ~ the word "eapitu-
iatlon." rcmarking that :, suspects me
word vas used tareiefsly. T, Say4
w prefer - ae~arno shat the column
fought until IL WAS cut 90 pieces and M
the ammunition VAS gore. Csp.tuntion
"a wora ~ shame Tr9ops IN The nsli
cannot capisulste without Disgrace. and
disaster So NOT necessarily d.shouor"
The Times says we have M, Win
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01

SAN FRANCISCO Oct. 3i-The British
tramp steamer As.ntshire, which arrived
from Vladivost0k and Yokohama today,
WAS caught in severe typhoon of the