davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1900-03-21
THE TRADE IN CHICAGO

Chicago March 20 Speciality 20 noon n.
wheat market dub and inclined 10 be weak
Cables were lower; Western receipts larger than
year ago: there was nothing particularly IN
favorable about the weather But. after Iosirz
Isc early the market recovered IL all and closed
&c to &c Monday. The final hrmness was
helped mainly by the appearance Of a cash de-
mand here and at the seaboard. There some
little bull effort by Dunn and other local pro
fessionas.
May opened at 6sasa6s1ac. sold between 6slsc and
es5sc and closed at 664sc; July closed al SIC
Liverpool was sd lower London OF about
as much and so was Paris. Northwestern r.
ceipts We're double .ast years 71s cars against Sc
and at primary points there were $500 bushels
compared with 422 Oo0 bushels. There was d.
crease however, in the worlds visible OF LS2ses
bushels compared with increase last year %
SIS, coo bushels; sea board clearances were EsSs
bushels The contract stock. 12.9s2.0Oo bushels
showed decrease for the week OF 5000 bushels
Shipping sales TO the amount OF 1s5.Oo9 bushels
were finally effected here; the seaboard put rs
port business at "A loads Duluth reported Mces
bushels sold there
The Cudahys sellers of corn without ary
doubt and futures lost 1.c. May sold from 5a'7.c
10 s7isc. and closed at S7l.c; July closed az INC
There were eos cars. with 250 for tomorrow. TIE
inspection was somewhat better than 1t has been.
II OF contract Liverpool was sd TO I'D loEsE
Seaboard clearances were 574 COO bushels The ship
ping demand slow, sales from here possibly
200 600 bushels The seabOard however. reported 5
loads for export Country offerings from NeorssSa
are freer than they were. They keep light through
Iowa and Illinois
The range in oats barely &c: the close ilst
a shade under last night; May, &c; July. &c sell
ers Receipts We're 3l5 cars with Is for Wedues-
day; samples were steady. Expert clearancss keep
small. Some attention. however. IS being called 70
the very small stocks at the seaboard. only b5ea
bushels at New-York The contract stock here
COS 900 bushels increased for the week IS ea bush
els. Ciearances were only 5000 bushels
Provisions We're erratic May pork up SOC early
and then losing IT ALL No quite certain
whether-it was a matter of manipulation or merely
a scare on the part of shorts The pit had an idea
the Cudahys sold the pork the swells to-day
they certainly sold the lard and ribs. The Cuca-
hys have been short pork and long the other prod
uct, and it looks very much II they had had
difficulty in covering. Pork finally closed about
where IL did Monday. after range OF over zee
Lard and ribs closed TIC under Monday There
24oo0 hogs. with % 600 estimated for to-nor-
row. In the West there were 1900 hogs. compared
with $4,000. A lively. erratic provision markst
to be expected all the with stocks 50 small
The leaders In the trade rather bullish.
New-York tribune., 1900-03-21

tive factor In the local market Arbtrage houses
dealt In about $500 shares. purchases predoiha'
ing The London market strong ana ac"'o'
and shorts were badly punished in that city as
we'll here.
WESTERN NATIONAL BANK DIRECTORS
The stockholders of the Western National BANK
will meet April "a to vote on changing the ai'i''
of association from requiring fifteen drec'o,'
making the number not less than eleven anu to
more than twenty-one. The stockholders VII, ai'
elect such additional directors as they may ue'''
mine.
LISTED IN LONDON-The London Stock Ex-
change has listed New-York Central ana huu
son River Railroad 1854 600 additional %s per cen'
gold mortgage coupon bonds of 1891, NO |'o'' u
2e53S of $1,000 each.
PRODUCE EXCHANGE COMMISSION hoLh,-
4 special committee has been appointed Dy .he
Produce Exchange to confer with the reeu'a
Grain Committee on formulating a uniform com
mission rule. 1t is thought that they Will hN d
commission of 1-16 between members or diIereh'
grain exchanges This is expected to bring business
from Chicago to New-YOrk. In Chicago IS II
charged
SILVER EXPORTS-The steamship Oceanic.
sailing for Europe to-day. will take out 5o-O
ounces of silver shipped as follows: BY the unlted
Metals Selling Company, 227eo ounces anu oS N'i'"
mermann & FOrshav. $1,000 ounces.
F. J. GOULD A MEM BER-At regular meet
ing of the Board of Directors. held YESTERDAY
Frank Jay Gould was appointed a member OF '"s '
Executive Committee of the Trust company "
America.
MANHATTAN RAILWAY MEETlNG.-lhe ne les
ular weekly meeting of the Executive Comii''ee
of the Manhattan Railway Company was "eiu E''
terday afternoon No news of public interest was
given out.
AS A BRANCH-The Home Bank, at Forty-sec-
ond-st and Eighth-ave.. began business yesterday
as a branch Of the Corn ENchahSe n""N' WIN
which it was recently merged
New-York tribune., 1900-03-21
MONEY MARKET FACTORS.

The money market exhibited easier tendency
Yesterday call loans ruling at IL per cent against
per cent on Monday. In time money there was
practically nothing doing. but the banks were in
clined to make concessions in rates, although the
quoted minimum rate per cent for long
periods The Sub-Treasury Is still gaining money
from the banks, but the percentage of gain is
being reduced while the interior movement OF
money is turning In favor of this city. The money
market will be affected. however, for some time
by Sub-Treasury operations. as independent Of in
ternal revenue and customs collections the Sub
Treasury will disburse well receive money
under the operations of the financial law
Payments on account of pensions continue large.
and the banks receiving money by registered
mail from Canada On April the Government will
pay interest on the 4 per cent bonds aggrega ting
s. GOOOo0 Prime mercantile paper discounts at
per cent as the minimum.
New-York tribune., 1900-03-21
BONDS.
THE DAYS OPERATIONS IN STOCKS.

Under the lead OF the traction shares the
stock market was st7T>ag and active the greater
part of the day. A pronounced increase in bull
sentiment was a conspicuous feature, especially
among commission house brokers' who until
recently displayed much uneasiness over the
future of the market Signs of easier monetary
conditions and the developments in the local
traction situation have been influential factors
in creating better feeling in Wall Street but
there is still doubt in many minds of the perma-
nency OF the change. If the public comes into
the market higher prices will quickly follow, but
so far the advance has been due in great part
10 the demands Of an overextended short inter
est. whose operations doubtless about
pleted The fact that the shorts have been so
badly punished in the last few days may serve
20 check further transactions of Importance for
lower prices. but il remains to be whether
not the overdue bull movement is to be the
Wall Street feature this spring. Stocks still
at bargain prices, and in the greater number of
they are held by people who will not SELL
save at better quotations. The market was very
strong in the last hours dealings. Railroad
stocks more in evidence as speculative feat
ures, and commission house business reflected
broadening demand. The shorts were badly
treated throughout the list, but in the traction
shares their punishment was severe.
The passing of the Third Avenue company
surprise TO well informed Wall Street men, and
less than week ago this development was fore
shadowed in this column, when ii was an
nounced that heavy purchases of Third Avenue
stock had been made fer interests closely identi-
fed with the Metropolitan Street Railway.
Third Avenue stock is certainly intrnsically
more valuable than it few weeks back,
but it will he well for operators to find out how
the Metropolitan people intend to treat Third
cf0 sra fba of he Sic
finances before investing specializing in the
conpany's securities. At the current level Third
Avenue does not look cheap and its advance to
its present price has been due more to the cor
nering' Of the shorts than to an appreciation
Of 30 per cent in the actual value of the stock.
The appointment of a receiver for the company
and the change in its stock control are factors
OF great Importance in the local traction situe-
ton, and it is not unlikely that the next devel-
opment in city transportation affairs will be the
purchase of a controlling interest in the Man
haitian Railway by the Metropolitan company.
The speculative part of the Third Avenue trans
action carries a lesson that all spectators will
do well to remember, namely, that the bear ele-
ment is bound to come TO grief when it sells a
stock short after the stock has declined beyond
the limits of sense and reason And this is
especially true in the case of a company whose
total capital is only $4,000 000 After Third
Avenues big drop to As in the course of which
sales were taken by strong financial interests,
il was an easy matter for the new holders to
effect a stock market corner
New-York tribune., 1900-03-21
WALL STREET AND EICH4NGES

OUTSIDE SECURITIES MARKET - Market
closed steady. Standard Oil closed at 51sa529
against 530g5Ss on Monday. Last prices OF other
prominent issues We're Havana Commercial le9,63
2O1a; preferred 5sla@6Oia Baking Powder a2aaeaih.
Bay State Gas, lSQl14; Pump. 2li4q22: preferred
66q6sk; Markeen Copper. 5Q7; Amalgamated Con-
per, s44qs4s.; Amsterdam Gas, 27q2s; preferred as
q4s; Rubber Goods 2sAQ2s; preferred sO,aas2; Dis
tilling of America, Ckq7A: preferred 27a2s: sloss-
Sheffield. 2Q29 preferred 6sa71; Storage power 7,
ql4: General Carriage S4GSlk.
NORTH AMERICAN TRUST DIRECTORS -
Frank II. Ray, vice president of the Continental
Tobacco Company, and William H. Taylor Vice
president OF the Produce Exchange Trust Conn
pany, have been elected directors OF the North
American Trust Company
FOREIGN TRADING.-Iondon was not an ar.
New-York tribune., 1900-03-21
\. NJ. HUNTERS FAILURE

The law firm Of Rowland & Murray In the Mills
Building, yesterday gave out the following state
ment relative the failure of A. NJ Hunter ~,
the Stock Exchange on Monday:
Richard a Johnson. of Washington d G .
member OF the New-York Stock Exchange -. "a
to-day In regard to the failure yester,ia - 80
Arthur NJ Hunter. a member of the ExcbSraa'
that the statement that the failure was due to ia
complications untrue. Mr.. Hunters susHer
sion on the Exchange was due to his INABILITY to
meet balance of account owing to Mr. JobnysoSNo
and amounting to $4,000 This account beran a.
July August last. time after the disSn,,I4 40
ton of Mr. Hunters former firm The account a
undisputed. and connected with transactions dr
legal complications OF any kind. in which NJ
Hunter may be interested. -i''
New-York tribune., 1900-03-21
RUMoRs OF CONSOLIDATION

Frank II. Ray. vce-president OF the Contnsnta1
Tobacco Company. and William H. Taylor a v,
president OF the Produce Exchange Trust Cam
pany have been elected directors OF the North
American Trust Company to fll vacancies causaa
by the retirement from the Board OF Charles W,
Drake and Arnold Marcus Mr.. Taylor IL knoua
as representative OF Edwin Gould presiden, -,
the Produce Exchange Trust Company and a.,
view OF that fact his election the Board -,
New-York tribune., 1900-03-21
AMERICAN SECURITIES ABROAD.

London, March 90 p n1.-The market for Amer
lean securities firm during the entire session.
with the Atchison and Baltimore and Ohio shares
showing the most pronounced strength. The de-
nand was moderate. Last prices were Canadian
Pacific SS14; Erie, I3&; Erie first preferred, 1875
Illinois Central lI6a; Union Pacific preferred 714
St Paul, I271k: New-York Central, 1884; Pennsyl-
vania es1k; Reading, SIS; Northern Pacific pre-
ferred Il; Atchison 247s Louisville and Nashville.
sE7k; Grand Trunk. s1z. and Anaconda, ga
New-York tribune., 1900-03-21

DOMESTIC EXCHANGE.-New- Orleans - Com
rrlercial 75c discount: bank, 81 premium. San Fran
cisco-Sight I7lHc: telegraph. zoe. Cincinnat-Be-
tween banks 10d15c discount; the counter soc
premium. Charleston-Buying, par; selling. 1-i0c
premium Boston-ls 2-sc discount chicago-25c
premium. ST. Louis-25c premium Sayannah-Buy-
eas 75c; selling. 75c per 1900
BANK CLEARINGS. - New-York - Exchanges,
gsl os7so; balances. s.. 257,lS7. Baltimore - Ex-
changes. 1S67; balances. se17.2H Boston-Ex-
changes ss 1925; balances. E4so.447. Philadelphia
-Fxchanges &543S, ,291: balances S.e .l35. Chi
.ago-Eychanges. ssess 7s4: balances s1.Z7s.sss
FOREIGN MONEY MARKET.-Cail money in
London, 3l5 per cent Open market discount rate
for short bills 3AQ3h per cent, and for long bills.
gS d3 1915 per Berlin discount rate, 5ss per
cent Berlin exchange On London. 20 marks 4S5
ufennies: Paris exchange on London. % francs 20h
centines. Paris discount rate. S1a per cent.
oREIGN SECURITIES - British consols for
New-York tribune., 1900-03-21
NEwYoRK DAILY TRIBUNE. WEDNESDAY. MARCH q. 1000.

Directors OF the North American Trust Company
was taken bv wall street yesterday to mean that
the two companies were to come into more intimate
business relations perhaps amounting even 10 con,
solidation President Trowbridge OF the Nortn
American Trust Company said yesterday AFTER
noon. however that the directors of that corpora
tion had for some time been desirous OF bringing
Mr. Taylor into their Board, because they khe"
him to be unusually bright and capaoie business
man and that his election had other signih-
New-York tribune., 1900-03-21
RECORD BREAKING EXPORTS

Current exports of merchandise from the port of
New-York are breaking all weekly records as com
pared with preceding years. For the week ended
yesterday the total exports amounted In value to
sol0zI34 against N5,2i399s week and IS 4l9
in the same week last year Since January l the
total shows increase of about $50 over 1899
New-York tribune., 1900-03-21
SOUTHERN RAILWAY PROSPERITY.

The Southern Railway continues to reflect In IT'S
earnings the remarkab bic progress OF ndustrial ac-
tivity in the South. For the second week in March
gross earnings sl0ss7 over the same week
a year ago making for the fiscal year to March IL
a total gain In gross earnings of 81. .6si.l2.
New-York tribune., 1900-03-21

RAILROAD BONDS.-Market firm Total sale.
amounted in par value to s2.S2l.76o against S. 42lO
on Monday.
New-York tribune., 1900-03-21
MONEY AND EXCHANGE.

MONEY RATES-Money on call. 3q5 per cent.
az per cent being the ruling rate. Time money, so
5 per cent for sixty days. 445 per cent for three
four and six months on railroad collateral. Com
rnercial paper 505ia per cent for three, four and
six months for the best names, aEd above for
names not well known.
FOREIGN EXCHANGE-Market steady. Ac-
tual closing rates follow:
New-York tribune., 1900-03-21

money, lo2 7-16; for the account 1o2 GIG; French
rentes, lol francs 50 centimes. Spanish As, 7lS.
THE SILVER MARKET-Bar silver, SOC. Mexi-
can silver dollars. 47a4c. Bar silver in London,
q 11-l6d.
GOLD PREMIUM.-In Madrid, So.s7 Lisbon. 1880;
Buenos Ayres. 1890: Rome 6s5
New-York tribune., 1900-03-21
PHILADELPHIA STOCRS
BONDS.
COLORADO SPRINGS STOCKS
Bid. Asked.
Reported by DE Haven 9 Townsena \

closing quotations on the Colorado Springs Min.
ihs SIocA exchange furnished by William p Bon
bright & Co. OF Colorado Springs;
New-York tribune., 1900-03-21
STOCKS AGAIN HIGHER.
iCTTON SHARES FEA TLIRES.
re---IRD AVENUES BIG ADvANcE-MoNEY
IUTLoOK IMPROVED.

Closing prices yesterday Of the principal ac-
tive securities and net changes from Mondays s
last prices were:
New-York tribune., 1900-03-21
SALES AT THE STOCK EXCHANGE
RAILROAD AND. OTHER STOCKS.

Actual sales-- Closing Share
J Open HlghiLoW. Fin. Bid. Ask. sold.
New-York tribune., 1900-03-21
NATIONAL STEELS YEAP

The National Steel Company reports for the
year ended February 2S:
ASSETS
New-York tribune., 1900-03-21

And interest. TEX dividend. TEX coupon.
New-York tribune., 1900-03-21

sEx dividend.
New-York tribune., 1900-03-21
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BoNDs.-Market weak. Fina

quotations follow:
The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1900-07-11
DUN'S REVIEW OF TRADE.
Figures on the Failures For the First
Half of I9OO-Some other
Features.

New YORK. July 7.-R. q. Dun 8
Co. S weekly review Of trade. issued to-
day, said III part;
Failures in the first half Of 1900 were $500.
with liabilities of $lo0. 1874 There were 90 fail
ures Of banks and financial corporations for
So. .s22, ,GSa leaving 5,S32 commercial failures,
with liabilities Of S74747,457.
Had it been predicted that the vast iron In
dustry would be thrown from unprecedented
activity into great depression, with many
works closed and prices reduced fully az uar-
ter, without failures amounting in all to so,
CO., it would have been thought impossible
Yet the six failures in that department for the
last quarter were in all for S2S 1856, though Bes
semer pig has fallen from S25 TO SIS and plates
from 81 to l.5 cents, and the average for iron
and steel products has declined Just % per
cent since Jan. /. Some further decline Is now
expected before things are adjusted for anoth-
er active season, and efforts TO arrange wages
are progressing.
The Fall River committee has decided
to close their cotton mills for time, and
some of the largest woolen works have
been closed or much reduced In fo:'ce. "A
large share of the boot and shoe force Is
inactive, and no change In prices has re-
suited since those of some weeks ago,
which, according to later accounts, were
made by fewer Of the manufacturers than
was ut the time believed
The crop year for grain Is over and the
outward movement of wheat has not been
stopped, although somewhat diminished
by the vagaries In prices. While exact
figures for the year will not be known for
some days to come, they differ very little
from 00.O00.OO0 bushels of wheat and corn
together, which was almost exactly the
quantity exported last year, while in 1888
1t was slightlY largor
The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1900-07-11

favor home rule and b territorial form Of
government for Alaska and Porto Rico.
We favor the continuance and strict en-
forcement Of the Chinese exclusion law,
and Its application TO the same classes Of
all Asiatic ratios.
JelfcYon said: peace, commerce and
honcstf friendship with all nations; en-
tangling alliances with none"
We approve this wholesome doctrine
ana earnestly protest against the Rcpub-
lican departure which has involved us i'm
socalled politics, including thediplomacy
of Europe and the intrigue and land-grab-
bing in Asia, and we especially condemn
the ill-concealed Republican alliance with
England, which must mean discrlmina.
ton against other friendly nations and
which has already stifled the nation 5
voice, while liberty is being strangled in
Africa.
Believing in the principles of self-govern.
ment and rejecting as did our forefathers, the
claim of monarchy we view with indignation
the purpose Of England to overwhelm with
force the South African republics. Speaking
as we do for the entire American nation except
its Republican officehoders and for all free
men everywhere, we extend our sympathies tc
3 the heroic burghers in their unequal struggle
to maintain their liberty and Independence.
We denounce the lavish appropriations OF
recent Republican congresses which have kept
taxes high and which threaten the perpetua'
tion Of the oppressive war leves. We oppose
the accumulation Of surplus TO be sauan
derdered in such barefaced frauds lpon the
taxpayers "a the shipping subsidy bill which,
under the false pretence Of prospering Ameri-
can ship-building, would put unearned mil
lions into the pockets of favorite contributor
TO the Republican campaign fund. We favor
the reduction and speedy repeal of the wal
taxes and "a return to the timehonorcd Demo
cratic policy Of strict econCmy in governmen
tai expenditures.
Believing that our most cherished nstitu
tions are in great peril, that the very existenc,
OF our constitutional republic is at stake an6
the decision now to be reached will determine
whether our children are To enjoy those blessec
privileges of free government which hav,
made the United States great prosperous nnc
honored, we earnestly ask, for the foregoing
declaration Of principles, the hearty support
of the hberty-loving American people, re
gar@ Ness Of previous party affiliations.
III id B. Hill, of New York, was evidently 4
fnvd e. as he reserved great applause at times
He u prently could have been the vice pres
dentiM nominee but declined
The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1900-07-11
plnce for n vaat military scrrce and conscrlp-

plnce for vnst military service and conscrlp-
tion.
In danger the volunteer soldier Is his
country's best defender. The national
guard of the United States should ever be
cherished in the patriotic hearts of n free
people. Such organizations are ever an
element of strength and safety. For the
first time in our history and Devil with
the Philippine conquest has there been
wholesale departure from our time-honor-
ed and approved system Of volunteer or
ganiZation, we denounce it as un-
american, undemocratic and unrepub-
lican, and rs subversion of the ancient
and fixed principles of free people.
Private monopolies are ipdofonsible and
intolerable. They destroy competition,
rontrol the price of all material, and of
the finished product, thus robbing both
producer and consumer They lessen the
employment of labor, and arbitrarily fix
the terms and conditions thereof and de-
prive individual energy and smah capital
of their opportunity for bettermdht
They are the most efficient means yet
devised for appropriating the fruits OF In
dustry to the benefit of the few at the ex-
pensc Of the many, and unless their In
satiato greed is checked all wealth will be
aggregated in few hands and the repub-
lie destroyed.
by the Republican party in state and national
platforms is conclusive proof Of the truth OF
the charge that trusts are the legitimate pro
uct Of Republican policies that they are fos-
tered by Republican laws and that they ore
The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1900-07-11

union and whose people are willing and
fit to become American citizens.
We favor expansion by every peaceful and
legitimate means. But we are unaltorably
opposed to seizing or purchasing of distant
islands to be governed Outside the constitution
and whose people can never become citizens.
We are in favor Of extending the republics
influence among the nations, but believe that
influence should be extended, not by force and
violence but through the persuasive power Of
O high and honorable example.
The Importance of other questions now
pending before the American people Is in no
wise diminished and the Democratic party
takes no backward step from its position on
them, but the burning issue OF Imperialism
growing out of the Spanish war involves the
very existence OF the republic and the des-
truction of our free institutions. We regard
It AZ the paramount issue of the campaign.
The declaration in the Republican platform,
adopted at the Philadelphia convention held in
June, 1900. that the Republican party "stead-
fastly adheres to the policy announced in the
Monroe doctrine" is manifestly insincere and
deceptive. This profession is contradicted by
the avowed policy Of that party in opposition
to the spirit of the Monroe doctrine to acquire
and hold sovereignty over large areas OF terri
tory and large numbers Of people in the east.
ern hemisphere We insist upon the strict
maintenance of the Monroe doctrine and in all
its integrity, both in letter and in spirit, as
necessary to prevent the extension Of Euro
pean authority on this continent and as essen
tial to our supremacy in American affairs. At
the same time we declare that no American
people shall ever be held by force in unwilling
subsection to European authority.
We oppose militarism. II means conquest
abroad and intimidation and oppression at
home. II means the strong arm which has
g. 4 g.. H. L. hat