davidaulloa/AmericanStories huggingface dataset:
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1900-01-16
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- --------T-77 = : IT
THE STOCK MARK EFT
aImost at standstil Yesterday,


New York, Jan. 15.--Except where a
stock was under the influence of in
dividual causes, the stock market to-day
was almost at a standstill. No outside
interest was manifested and operations
were entirely in the hands of profess
sional room traders. The individual
causes which affected special stocks
were for the most part depressing ones
and the sympathetic effect on the gen.
eral market was towards lower prices.
The most conspicuous movement of the
day was in Metropolitan Street Rail-
way, which was affected by the pub
lshed discussion of the condition Of a
prominent trust company. This publ
cation served to explain last week.
depression In Metropolitan and a
group of industrials, and served also to
renew it. Metropolitan, Brooklyn
Transit and the Tobacco stocks were all
affected. Metropolitan fell an extreme
s "a. The announcement Of the bids
for the New York Rapid Transit Tun-
mel contract rallied the stock slightly
above last nights level, on the belief
that Metropolitan interests were con-
cerned in the. bidding, An example of
the kind of motives that influenced the
trading was that assigned for the buy
ing of Sugar. One of the large selling
orders came from brokerage house
rIi at fn~ hn
American Sugar Refining company. The
traders argued that open selling by in
siders indicated desire to induce SELL
ing by others; upon which conclusion
they bought Sugar. london seemed to
take cheerful view of the military.
developments in South Africa, but with
very little effect in this market. Re-
ports of a strike depressed American
Steel and Wire and some other metal
stocks by sympathy. The money mar
ket continued to work easier under the
influence of continued gains from the
interior and from the sub-treasury.
Time money was readily obtained at
per cent on railroad stocks. Call loans
were In small demand at 1-2 to 10
per cent. The increasing supply Of
lOdndDle IunQS seems TO OIIer no lnClte-
ment to speculation. Last weeks sales
of stocks were 2,6S4,071 shares. In the
corresponding week of last year there
were sold 5,S30,075 shares. Last weeks
sales of railroad bonds were
of a par value of $S,56S, 900. In
the corresponding week Of last year
they were Of par value Of $32,343,00O
But as it is apparently observed, easy
money does not necessarily mean easy
borrowing. Money lenders and capitalists
as well as spectators suffered from
the collapse in values in the December
smash and there are many securities
upon which no loans can be negotia ted.
There was some heavy transactions in
bonds and the market was mainly firm,
but there were sufficient declines to give
1t an irregular appearance. Total sales,
par value, $1615,000.
United States fives. the old tours reg
ular, advanced 1-2 and the old tours
coupon and threes coupon IA in the bid
price.
KEV YOYK ST0CE yr nm mr.
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1900-01-16

the New Haven Savings bank the first
| week in January and see who is being
taxed-prinoipally foreigners who pay
little or no direct tax in the towns
where they live. AS to the life insur-
buildings and millions of surplus tell
whether they are unjustly burdened.
The late Thomas II, Trowbridge once
said: II wish every working man could
be paid "a day, for it is the working
man who makes business good He
spends his money as he goes, and keeps
it in circulation, while the wealthy keep
it out of circulation" Then should not
the Workingman, who not only makes
[ the goods but buys them after they are
put on the market, be entitled to some
return in behalf of his children out of
the wealth he has created?
If "every reasonable man must al
low" that this system is unjust, then
he must also allow that all boulevards
and fine roads of the city are an in
justice to those who are not able to
keep or hire team. Let us have done
with all such selfish and puerie argu-
ments as these about privileged classes!
with lofty compassion for the teacher
who put his money into the Everett
school. Well, l am sorry for him too
But is 1t not rather absurd to say that
it is exactly parallel to the way in
which the Standard Oil treats it's COM
petitors?" I should say that "T and
j." is like a man petitioning the rail-
road to skip town so as not to injure
a stage line running to that town. He
should propose an amendment TO the
law, excluding from it's benefits towns
which have private academies.
AS an "Outlander" in Hamden mat
ter ct. and T. appears to be deeply in
terested in the welfare of our citizens,
but we hope to be able to settle this
veXatious question amongst ourselves,
and think we have made good begin
ming by resembling foolish and illegal
vote passed last summer.
And now word to my fellow citi-
zens and voters Of Hamden, and this
may disclose to some the ''nigger in the
woodpile,' that Truth and Justice"
chose to ignore, or was not keen enough
to scent out, in his visit to Hamden"
Some of those who wish to pay only $50
NSlCI 6lC Ill ldFUl VI pullulll5 a. IllEl
school in Hamden, to cost, nobody
knows how many thousands, and
which would, when DONE make our
expense per pupil far more than it is
now without the ability to give as
good instruction to the average boy
or girl as they can get in a larger insti-
tuition with its greater choice of stud
les and more capable corps of instruc-
tors. No! Do not let us be persuaded
to undo the good work begun. Let us
give the boys and girls a chance. Then
those who desire to move into our town
may feel that they are not sacrificing
the education of their children by so
doing, and the daughters of our towns
people may have the opportunity to fit
themselves for teachers in the home
school, and may do their share towards
raising the low grade Of the Hamden
schools, which 1T. and ]" SO depre-
Gates. A Citizen of Hamden.
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1900-01-16

prise of the proprietors that these re-
main undeveloped, and practically all
the coal used is imported from Europe!
Truly, there is promising field for
capital, for enterprise, for labor and
for commerce Rubber has become one
of the most necessary articles in the
world ranking with wood and iron, and
the Amazon valley is one of the two
great fields where it can be produced
the better OF the two, having far more
healthful climate, better facilities for
transportation and being much nearer
to hand than the Congo. The develop
ment of that one industry offers pros
poets of practically unlimited profit
The fact that in all this vast region "all
manufactured articles, supplies and
provisions are imported" suggests an
opening for commerce, and also for in
dustrial enterprise, second to none in
the world. We have been purchasing
from Brazil from sixty to one hundred
and twenty million dollars worth Of
goods year, practically all coming in
free of duty, while at the same time we
have been selling her only from ten to
fifteen million dollars worth. Brazil Is
purchasing more than three hundred
million dollars worth of goods a year.
Practically all of them are such as we
could furnish her Certainly our share
In her supply should be more than four
per cent. This voyage Of the Whining
ton ought to open some eyes to the de-
STABILITY of following the warship
with the laden fleets of peace.-New
York Tribune