davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1900-04-22
BONDS.
THE DAYS OPERATIONS IN STOCKS,

Wall Street was not favorably impressed with
the outcome of the American Steel and Wire
Company's meeting, and in consequence the
steel stocks were sold, the rest of the list NOV
ing in sympathy. Selling was also induced by
the strength of sterling exchange and the prob
ability Of gold exports this week. People who
are not we'll informed regarding the interna-
tionaI money market situation apparently be-
ueve that gold exports are bear factors
stocks Gold exports at this period ought TO be
a strong argument for the bull element as ship
rnents Of the precious metal abroad should lead
10 an increased foreign buying movement of
American securities. Easier money market con-
ditions in London will induce speculative and
investment buying of stocks. Easier rates
abroad can only come through help from this
side. and if New York sends gold to London
the operation will represent little more than
loans which will be employed in American stock
market operations.
The steel stocks suffered sharp declines on
bear selling and genuine liquidation and, de-
spite good bank statement the whole market
closed at about the lowest figures of the day
The fact that the action of Mr.. Gates in closing
many of the American Steel and Wire Com
pany's mills has been upheld by the directors
Of the company is not surprising, but as vim
dication of the stock jobbing that has recently
been going on in American Steel and Wire the
approval Of the closing Of the mills is not suffi
cient The statement that the business of the
American Steel and Wire Company 's in bad
shape" may have been true, but the fact re-
mains that the condition of the company has
been used by stock gamblers to further their
market operations and amount of expana-
ton or approval by directors will excuse the
men who have set stock market manipulation
ahead of business interests. Gross mismanage-
ment quite often places corporations in bad
shape" No apologies are due the men who
elsewhere for their connection with the Steel
and Wire scandal
The failure Of the directors of the American
Steel and Wire Company to make needed
changes in the company's management hurt
sentiment more than did the authorized reduc~
tion in the prices of the companys products.
Bear traders took advantage Of the unsettled
condition of sentiment attack values through
the list, many of the railroad stocks
sharp declines recorded. Liquidation was
noted in number of issues, particularly in Mis-
souri, Pacific and other stocks that have recently
been active. Baltimore and Onio was under
pressure, also Brooklyn Rapid Transit, Reading
IiTst preferred, the Granger shares and People :
Gas. Many stop loss oruerS were caught, anu
The selling continued until the close Of the mar
stocks broke badly on heavy dealings. The mar
ket was practically without support, but offer
lngs were taken Dy interests we'll bic
TO protect their holdings. The bank statement
showed gain in surplus of S3,914,Ol1, d gain in
cash OF SoOl93oO, and an increase in loans Of
50, ,SU0,9OO.
The usual weekly table of price changes for the
active stocks follows:
New-York tribune., 1900-04-22
CHARACTER OF TRADING.

Some OF the buyers and sellers in yesterdays
market Were Moore & Schley d.G0) bought Wire;
Van Emburgh & Atterbury 1000 sold. Kitchen
Whitney & Beal q .OOO) bought Pennsylvania; Suss-
dorrf Brothers O.O0O) sold w. L. Stow & Co
bought Brooklyn Rapid Transit; H. Zuckerman and
r. w Newton sold. G. b. Hopkins & Co bought
Sugar. G.. p Butler & Bro. G0O0) bought Missouri
Pacific F. & c. Randolph 2O0O sold II. Content
& CO.. l. & 8. Wormser and Street & Norton
bought several thousand shares each OF Steel and
Wire from the opening; the specialists sold Bell
& Co. (5.00O sold Pennsylvania. ]. Muir & co
q 0OO) bought Rock Island G. p. Butler & Bro
were the principal buyers OF Missouri Pacific
Street & Norton were large buyers of Wire. taking
probably 10000 shares. II. Clews & Co q O1O
bought Missouri Pacific. II. B. Hons & Co
bought American Tobacco; Watson & Brown sold
H L. Horton & Co. sold Wire. Housman bought
Union Pacific preferred; Patteson sold J. L. Glad
win bought Brooklyn Rapid Transit; r. w. Newton
sold. Housman bought Union Pacific: Patteson
sold. V. A. Blacque. p. II. Minis and I. r. Bacon
bought Federal Steel: Beers & Owens, J. A. Blair
and Thomas sold. Niles Brothers bought Wire:
Price. Mccormick & Co. sold. j. +. Wiuiston
q 500 sold Missouri Pacific. Rolston & Bass bought
Brooklyn Rapid Transit; Pearl & Co. Q.O0O sold
Clark Dodge & Co and Housman bought Canada
Southern KeeCh. Loew & Co. 0.000) and Hous-
bought Reading first preferred. Bell 4 Co
Edey g. Sons and Lawson sold Wire. Traders sold
Missouri Pacific. Rolston & Bass Q50.0)0) bought
Northern Pacific 3s
New-York tribune., 1900-04-22
GENERAL ELECTRIC COMPANY.

The annual report OF the General Electric Com
nany. issued Friday. shows gross receipts for the
ending January 81. 1900. OF S23. 40 Is. OF
this amount there a total profit for the year
of S5,f79l3O %. The of s2S2 SO 81 absorbed
In paying dividends preferred and common
stock and interest outstanding debentures. The
patent account was reduced by 100000. and an
addition to the surplus account made of 81.
1868 So This leaves present surplus, with a
balance s15657O 80 carried forward year
OF 81 3 O0 -. The presidents report 10 the stock
holders shows that there has been great increase
in the demand for electrical apparatus due to the
favorable business conditions throughout the cOun-
try and abroad. II also points out that indie
pendent cf general business prosperity. the rapid
adoption of electricity for operating all kinds of
manufacturing plants, its application in naval and
marine service and to chemical uses, and the in
PRODUCTION electric street vehicles have resulted
in the manufacture of many new electrical appli-
ances by the General Electric Company while the
demand for the standard motors, lamps and gen
eraI supplies of the company has been well main
taineG. A gratifying feature of the year was the
unusual large and profitable amount of $S3S.s5I 70
derived from the sale of securities held by the COM
pany.
New-York tribune., 1900-04-22
WALL STREET AND EXCHANGES.

OUTSIDE SECURITIES MARKET Market
closed dull Standard Oil closed at 5nG5ls, against
54G0545 on Friday. Last prices of other prominent
issues were: Havana Commercial. 154al6l2; pre-
ferred 5Sa59Ia Baking Powder 9O1hd9114; Bay State
Gas. 12sG19s Markeen Copper, G$sG7 Anna lga mated
Copper, S34@9i Amsterdam Gas. 27G2S; preferred
J0a52; Rubber Goods, 291lfSO preferred, 7S12G7s12
Distilling of America. Sl20S&; preferred. 2Su2S1a
Sloss-Sheield 25d2719; preferred, 65G6112 Storage
Power, 120lS General Carriage, Sl44SN.
DEPOSITORY FOR MARGINS.-At a meeting Of
the Beard CT Managers of the New-York Produce
Exchange, the Trust Company of New-Ycck was
designated a depository for margins of the EX-
change. The Coffee and Cotton exchanges have
also made the Trust Company of NewYork a de-
postory
REPORTED LINE" ON GRAIN-There is
gossip in Chicago that American Steel and Wire
interests have line of wheat and corn. together
aggregating 100000 bushels There is differ
ence of opinion by grain men who ought TO know
to whether not Mr.. Gates present has
line of wheat and that the gossipers say he
has. well informed man is authority for the
statement that the 10000 900 bushel figure would
be extraordinary line for such Mr..
Gates.
ACTIVITY IN PRISMATIC LIGHT STOCK.-The
stock of the Prsmatic Light Company actively
traded in the curb last week. The company
is New-Jersey corporation with authorized
issue of 25OO0O shares, par value $40. Over 500
shares changed hands last week at net gain of
over three points, the closing quotation being Ga.
PRESSED STEEL CAR DIVIDEND.-The sec
ond quarterly instalnent of 1la per cent of the
per cent dividend the common stock Of the
Pressed Steel Car Company for the year ending De-
cemDer 81, 1899. will be paid on May p next to
stock of record of April "a
HOUSTON, EAST AND WEST TEXAS BONDS.
"A circular has been sent to the holders of Hous-
ton East and West Texas Railway Company bonds
informing them OF arrangement with the South
ern Pacific Company to guarantee by Endorsement
the payment OF the principal and interest of the
bonds named In consideration of this guarantee
the railway company is to have the right to redeem
the bonds 1O5 and accrued interest any in
terest period, upon giving six months notice by
publication.
RAILROAD EARNINGS.-"The Financial Chron-
icle' computes the gross earnings of sXty-seven
roads the first week of April 1900. at IS $50 9i
an increase OF $99SS12, 13 per cent; ffty-three
the second week of April at S69 .S4i,
increase of $72015l. 11.53 per cent.
MADE a DEPOSITARY.-At a meeting of the
Board of Managers of the New-York Produce Ex-
change, the Trust Company of New-York was
designated depostary for margins of the En-
change. The Coffee and Cotton exchanges have
also made the Trust Company of NewYOr1 a de-
positary.
New-York tribune., 1900-04-22
ST. PAIL PREFERRED.

Chicago. Milwaukee and St Paul preferred stock
at 17r4 yields over per cent the investment.
and as the security is safe any bond in ex-
istence it's chances of further price Improvement
are promising Northwest preferred sells around
200 and ST. Paul will doubtless reach the same
level. Offering of 1900 shares of St Paul pre-
ferred has just been made at 17414. The fact that
the outstanding convertible bonds being rap
idly put the preferred stock suggests the value
OF the last named viewed by the cOmpany's
management. High grade securities such St
Paul preferred not floating about the Street
and buyers have little difficulty in finding
sellers
New-York tribune., 1900-04-22
FOREIGN EXCHANGE CONDITIONS.

An authority the sterling exchange market
says:
Between April 13 and the present date our ex-
change market advanced nearly \ per cent. De-
mand sterling, which week stood at 81 SIl2fp
s. SI5S. stands 81 SITkG$+ IS This upward
course Is the natural one at this season of the
year and requires special explanation. Ex-
change naturally goes up in the spring. after our
eXportable products exhausted. and down again
In autumn when the new crops begin TO move II
Is very seldom that deviate from this
course. When we 90. II Is always due to unnatural
causes such the several silver of the last
decade. particularly that OF the year of our last
Presidential election of 1896. This year danger
from that source exists. The silver question Is
settled and gold is definitely standard. OF
gold, moreover, we have larger stock In the
country than ever before and II called upon TO
help out friends in Europe spare them
SJ0O00,OOO this without feeling II
much, since 1t would represent but little half
of our own yearly production. In order not TO be
felt, however the Government Will have to find
some way of returning TO circulation the fast ac-
cumulatfng surplus revenue rs fast as II comes In,
otherwise values must suffer. We fully con-
vinced that the Government Is disposed and willing
to prevent the accumulation but the ways and
means of preventing IL evidently very easy
in country full of denagOgues ready to denounce
1t for favoritism and partiality the National
banks which might be chosen as its repositories.
New-York tribune., 1900-04-22
Bankers posted rates were:

DOMESTIC EXCHANGE-NewOrle - Com
mercial, 25d59c discount; bank. 81 premium. San
Francisco-Sight. 17l2c; telegraph, Cincinnati
Between banks. par; over the counter. SOC premium
Charleston-Buying, par; selling. 1sc premium
Boston-1Oc and 121ac discount. Chicago-2Oc dis
count. ST Louis-1Oc discount Savannah-Buy-
Ing 75c; selling. Toe per $1,000
FOREIGN MONEY MARKET-CaIl money in
London, 3l2Q4 per cent. Open market discount
rate for short bills per cent, for long bills
404B per cent Berlin discount rate, Az per cent
Berlin exchange on London, 20 marks 80 pfenniss
Paris exchange on London % francs, 1872 centimes
Paris discount rate, 312 per cent.
FOREIGN SECURITIES.-Britsh consols for
money, 100 3-16; for the account. 101 French
rentes. 1O1 francs centimes. Spanish As 1875
THE SILVER MARKET.-Bar silver, $3.50 Mex
lean silver dollars, 47%c. Bar silver in London.
27%sd
GOLD PREMIUMS.-In Madrid 27.40 Lisbon,
1850; Buenos Ayres, 1870; Rome, SO.
New-York tribune., 1900-04-22
AMERICAN SECURITIES ABROAD.

London, April q, 2 p m.-American railway shares
fairly steady to-day. but business was limited
TO professional traders. At the close the tone
was steady. Last prices were: Canadian Pacific
1884, Erie IA Erie LIST preferred. 42as; Illinois Cen
trail. 11S1a: Union Pacific preferred IT'S; ST. Paul.
12i%; NewYork Central, 1881 Pennsylvania 7O1a
Reading. 1oA; Northern Pacific preferred. 7s1k;
Atchison, 27a4: Louisville and Nashville, S6A; Grand
Trunk, SA, and Anaconda, TO-
New-York tribune., 1900-04-22
CONDITION OF TRADE.
"Bradstreet's" saws:

More rather than less rregularity i'm the trade
and price situation Is TO se noted this week partly
the result of weather conditions. but partly as in
the OF the iron and steel trade because of the
continuance of those missionary efforts In the
direction OF lower prices which have been such a
feature OF the iron and steel trade OF late. That
the basic conditions Of trade remain on the whole
New-York tribune., 1900-04-22
WEAKNESS IN STOCKS.
STEEL ISSUES ATTACKED.
RAILROAD SECURITIES DECLINE IN SYM
PATHY-BANK HOLDINGS INCREASE.

Closing prices yesterday Of the principal ac-
tive securities and net changes from Friday s
-rtcas
New-York tribune., 1900-04-22

RAILROAD BONDS,-Market irregular. Total
sales amounted in par value TO 81 800 against
g. 9s9 coo on Friday. The heaviest dealings In
the Atchison issues. Baltimore and Ohio is. Central
OF Georgia as, Central Pacific 3izs and As Erie
general 4e Mexican Central LIST incomes. Missouri,
Kansas and Texas "a As, Missouri Pacific
5s Norfolk and Western As. Northern Pacific 3s
Reading general As, St. Louis and San Francisco
general 5s st. Louis Southwestern lists and 2ds,
Southern Pacific As, Union Pacific as Wabash de-
benture BIS, Western New-York and Pennsylvania
eneral SIS and Wisconsin Central general A
New-York tribune., 1900-04-22
HONEY AND EXCHANGE.

MONEY RATES.-Money CALL per cent.
Time money. 31eG4 per cent for sixty days, 31hG4
per cent for three months, 3&G4 per cent for four
months. and per cent for six months railroad
collateral. Commercial paper 4G5 per cent for
three, four and six months for the best names. and
above for names so well known
FOREIGN EXCHANGE.-Market firm. Actual
closing follow:
Cables Sight. Sixty days.
Sterling Assn 4SS04SS4 4s4h64S4lS
Francs 516-116 5159s s-1-16G5. 1875 51S--1Ca5.1SS.
R'chsmarks. 90 $40 "a o 66046s
Guilders 4o14q40 5-16 1-I604OH
Bankers posted rates were:
New-York tribune., 1900-04-22

TRUST AND SURETY COMPANIES
Reported b. Clinton Gilbert No : WALSH
New-York tribune., 1900-04-22
SALES AT THE STOCK EXCHANGE.
RAILROAD AND OTHER STOCKS.

l-Actuaf saies--t-Closing- Share:
lopen High Low. Fin. Bid. Ask. sold
New-York tribune., 1900-04-22
BANK STOCKS

Geported BY Clinton Gilbert. No. : wsn-.,,
New-York tribune., 1900-04-22

10000 Mo 1st Con 6s 1904 5000 Wis Cent Gen As 9:
Total sales of bonds 81 600.
New-York tribune., 1900-04-22

The following shows the relation between the
total and the total deposits of the respac-
tive dates:
April IA. April 81. Changes.
Legal 81 2SS 800 63. .712.
New-York tribune., 1900-04-22

ro,sI sales for the g. 739 254
Total In preceding week. ooV11l
sEx dividend
New-York tribune., 1900-04-22

The Clearing House statement yesterday was as
follows: Exchanges $2OO,CslsO4; balances S13S1S.-
937 For the week: Exchanges, 81 1875, ,364 042;
ances $40 O01 ,O61, against exchanges last week of
81 .0SO 414 ia, and balances of $60.447959
The following are the changes for the correspond
ing weeks of the three preceding years: 1899
Loans decreased 81 1870 500 cash increased So 100
deposits decreased $07S70o and surplus reserve in
creased 704,375 1S9S-Loans decreased s., 439 OO
cash increased $56C35oO deposits decreased S2.202,
100 and surplus reserve increased S6,l79025; 1897
Loans increased 1859 OO0 cash increased $3,72 400
deposits increased s. 9256JO and surplus in
creased s., ,291 GOO.
The following table shows the bank holdings
the respective dates:
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-10-23
Auction Sale

Onthe seventh of November, in this pres
..ta ent year Of grace,
AT the Capitol in Raleigh, I will sell
The finest circus turnout that was ever
in the place;
For the business with us has gone to
well.
If Barnum was a-living he would take it
as a whole,
And he'd think he had a bargain that
would take;
For no such aggregation ever gathered
round a pole,
And the Sawdust King would surely
take the cake.
Our paid-up interest in old Dan we offer
you;
He's the trained kicking donkey of the
show.
He has a bullying barrel, and a supple
hook for true;
And the way he kicks his keeper is a go.
And here's the artful dodger, dub him
Mary Ann, for brief;
(Old Baylus, he cuts no fgure-not a
thing;
But with all his tricks and lodging, OF
late he came to grief,
From running two directions in the
ring.
Here's our little Zebra Cy-Just as cute
as he can be:
He can change his stripes, to suit the
lOOker-On;
But "Old Crimes he wer'n't so dead, as
the Doctor now can see,
And the striped cuss now wears a done
up brown.
The Jumbo Of the outfit, that leadeth the
parade
Though l cannot turn him over right
away;
But I'll put Jeter in, as 1 wish to close
the trade
TIL reversionary interest, anyway.
| Now, all you organ-grinders, who have
lost your little pets,
Don't fail to get a sight of little Sam.
The Durham boys can tell you, who have
lost their little bets,
That in politics he isn't worth a
dram.
The NEUTRALITY-SUSPICIOUS. 1 will offer
in a lot.
The ~tow-headed, braying Spencer you
will get.
Almost anything in this line you can get
upon the spot;
And then my place of business is
ito let"
A. e. H-ADENOUGH,
Director and ex-Officio Commissioned.
ABE M-UDDLEDANE,
Auctioneer.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-10-23
NO TRUST IN SILyrr
HAVE NO REMEDY FOR TRUSTS
Republicans Opened the Congress.ona, sss.
by Creating a Money Trust.
(By the Associated Pres ,

Elmira, N. Y, Oct. 2o.-In his
here today, discussing the Republican ..
titude on trusts Mr.. Bryan declared ....
the Republicans were Inconsistent ...
that they had 10 remedy for trusts
said:
They opened the session by crra..r.
money trust and they closed it By .
ticing fraud in their pretended ea.r. .,
stop other trusts. The amcndmeut n. r..
Constitution offered by them was r.
necessary and its purpose was not ta ....
Congress power that it needed. /. was .
take away from the States the power .H.-
they have, so that if the Republicans COM.
troll the Government the State will .,
powerless TO protect itself against d mi.
: vate monopoly. That was the purgus. ..
that amendment. and when ii was de-
fected the Republicans confessed Wg .E
not need it because they then brought
in a bill which they said was INTENDED .-
protect the people from private monopoly.
a bill brought in after the ameutu0r.
was defeated, showing that they dIi ...
need the amendment and all the Demo.
Gratis voted for the bin. There MAS
scarcely any opposition vote in the Ifa.s
but when it went to the Senate and OH,
Democrats demanded that it be passed
at once the Republican Senators sent f.
to the judiciary committee and there r.
sleeps today"
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-10-23
THE FAIR AND A. & M. COLLEGE.

The a. and M. College will make a
handsome exhibit at the State Fair
and also will receive visitors at the
college.
The exhibits at the Fair will be as
follows:
1st-In main building north end
next to the wing. Exhibits in Entomo-
logy with cases of insects injurious to
vegetation and also insects beneficial.
Exhibits in Botany-A splendid Her.
barium which took the prize at the
last Fair, a collection of seeds. Exhib-
its i'll Horticulture, exhibits in min
eralogy, exhibits in machine work,
carpenter work and lathe work.
2nd-In Machine Hall. Dairy nipple
ments, s~eparators, testers, churns, etc.
3rd-In the otock and Poultry
Yards. Animal exhibit; two bulls, one
Jersey and one short horn Poland
China and Berkshire hogs. Brown Leg
horn, Light Brahma. White Wyan-
dotte, White Plymouth Rock and Barr
ed Plymouth Rock chickens.
EXHIBIT AT THE COLLEGE
Visitors are invited to the college
every day in the week, from s o'clock
a. m., to 6 o'clock p. N. The college eN
e%rcises will go on during the week as
usual, excepting on Thursday and on
Friday afternoon. The best day tc
visit the college and see the work will
be Wednesday, when the students will
be working in forge shops, carpenter
shop, lathe shop, drawing and design.
ing rooms an dthe laboratories, besides
attending recitations and lectures il
the usual subjects.
Visitors. will be shown over the col
lege farm including the barns, dairy
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-10-23
DRESS PARADE.
APPLAUSE MADE TO ORDER.
Advance Copies of Roosevelt's Speech Olstr'
buted to the Newspapers.
boston Post

II will be seen, by those who read IN
Republican papers Wednesday morning
the report of Governor Roosevelts speech
at ST. Louis Tuesday night, that 1t was a
great popular success; That cneers anu
anDlause and laughter and friendly SHOUTS
every paragraph IL us uellVeiy'
that the Rough Rider candidate arouseu
his audience almost to a frenzy OF en-
thusiasm. 1t must have been a great
sneech. The people of ST. Louis must
have heen stirred tremendously by Teddys
eloquence.
But all this has been known for sew
eral days in newspaper offices, TO Whlch
Governor Roosevelt has sent, through the
Associated Press, advance copies OF MS
sneech with the enthusiasm of the au-
dience ]typewritten in along with his own
fervid phrases. Before the speech was
delivered, It was known to all VINO mao
comics of Governor Roosevelt propheuc
revision tina when he had spoken TWO
nar graphs there would be applause ana
laughter in brackets. That three SEN
fences further along would occur cheers
and laughter That renewed laughter
would break forth at frequent intervals.
That. as the orator warmed up, the audi
ence would burst into general laughter
and GnCGTS. NAT W1Sh hC opoAN ~
courage in staying to do our duty in the
Philippines his hearers could no longer
restrain themselves. but emitted loud
| cheering and cries of Good! Good
Further than this, Governor Roosevelt
discerned by his prophetic vision several
DAYS ago that when he mentioned the fact
that he was elected last year over Van
WICK his audience at st. Louis would re-
spond with applause and cries OF Good!
Good, You will be elected again!
All this and much more of the same SORT
! Governor Roosevelt fOresaW would be said
and lone by the people of st. Louis when
he should come to let loose his eloquence
mon them. And SO he carefully inserted
ffty-three of these chunks of enthusiasm
in the advance copies of his speech pre-
pared for the press. 1t is vivid, strenu-
Gus. in fact: but doesn't it SAVIOR Of the
methods of the charlatan?