davidaulloa/AmericanStories huggingface dataset:
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

railways were all earning dividends, for the
first time in years in many cases. This
year the dividends are being paid and the
earnings are still increasing. From per
cent on the common stocks. they are
showing and s, and from per cent they
are advancing to and 10 per cent.
The Industrial companies, and especially
the iron and steel concerns, are even mora
prosperous than the railways. In the case
of these companies, too there is contin-
uance of gains over the phenomenal bust
ness Of last year, instead of lower prices
and smaller earnings. The past week has
furnished the best Of evidence of this. e>-
terday the Tennessee Coal and Iron COM
pany voted TO pay of nine years aceumu-
lated dividends on its preferred stock and
put its common stock on an per cent
dividend basis For many years the pre-
ferred stock has received no dividend and
since the organization Of the company the
common has practically received no. hing.
The company is doing an immense business
al most profitable rates. record almost
the equal Of this has been publicly sworn
TO by nearly every other steel and iron
company.
The railways and the iron trade, and ali
other lines of business. are profting by the
phenomenal export business Of the coun-
try. February exports were the largest on
record. Experts say that this years rec
ord IN this regard will be the finest ever
made. There is an immense demand for
American goods in the old markets. and
new markets are being created through The
expansion of the national territory. The
foreign demand for American manufac
tured goods in particular is great, and it
is on this class of goods that there is the
greatest profit to the greatest number.
The result of these immense eXport' will
inevitably be flow OF gold to this cuun-
try in the near future. The country has
been buying back railway securities for
four years, that were sold in Great Britain
and on the Continent at much higher
prices. and this fact has prevented any
large influx of gold such as might have
been expected with the trade balance so
heavy. But this absorption will not con-
tinue indefinitely. Already there is reason
TO believe that II is nearly over. Money
will be loaned abroad. and this movement
Russia is borrowing from this country and
Mexico also. About $50. 000. 900 was sub
scribed by Americans TO the new British
war loan. These are absolutely new things.
They mark a new era in the country's
financial history.
The present is a bull market Prices are
advancing. as has been pointed out. But
the advance has only begun. according 10
the most conservative judges. The bears
have begun TO cover and the cliques have
begun to buy in a small way. but the pub
lie is mt yet doing much. This viii come
later when prices are higher.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Lanston Monotype is selling again Adore
To- but tip that the stock would have a
good advance, given out when 10 was
reached few days age, has not yet been
fulfilled.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

The extent OF the betterment Of
prices during the past week and since the
beginning of February is shown in the
following table. The date chosen-Febru-
airy S-was not the beginning of the upward
movement, but it is taken as the first
Saturday in February. The advance in
the steel and iron securities especially was
pronounced and important in the week
preceding that date.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

ing a continued big consumptive demand
and lighter hog receipts than expected,
gave this market fresh start today and
the situation strongly favors higher prices.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

The statement was made yesterday by
a banker of prominence that he had posi-
tive information that an offer has been
made for a controlling interest in the
Capital Traction. He stated that inter-
views have been held and letters and tele-
grams sent between some of the largest
holders of the stock and parties whose
identity is not divulged, and that there is
now the best of chances that the deal for
the sale of the control of the line will go
through if it has not been consummated
already There is every reason for be
lieving that the intending purchasers are
the New York hackers of the Washington
Traction and Electric Company. O.s.eTs
OF both companies to the alleged deal still
positively deny that there is any founda-
ton for the story.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

1t will be seen that the loss Of cash is
quite as large as was predicted. The heavy
decrease in loans for the week alone pre-
vents the wiping out of the entire surplus
reserve, the amount now being less than
50, 600, 600. however. The big increases in
the loans during the past six weeks have
been more or less of a mystery. and this
weeks decrease is no more easily under
stood II is supposed that preparation by
banks for securing the new bonds has fig
ured largely in the increases and il may be
presumed that this movement has now
ceased. The expectation is that during the
coming week the payments on the pre-
miums on the old bonds will begin to reach
the banks and that before another state
ment is made up an excellent showing will
h. possible
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Capital Traction stock is now selling
above par for the first time in its history.
month ago II began to advance from 81
and fraction. and on Friday the first
sales al par were made. Yesterday the
price advanced fractionslly above that fig
ure, TO 100 IL on one small sale, and sew
erai blocks OF the stock changed hands at
100 even. Talk of higher price for tle
stock IN the immediate future is heard, and
il seems probable that if further details
of the alleged offer to purchase the line
develop these predictions will be fulfilled.
A broker who has been one of the chief
purchasers OF the stock recently said yes
terday: Il am buying for important peo-
pie. who consider the stock worth its pres
ent price as an investment and who be-
lieve that there is an excellent specu- att
in the chance Of a deal" The increase of
the dividend on the stock 10 per cent is
considered by some a sufficient reason for
all its advance.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18
A Dull Week IN STOCKS
The Majority of the List s ows a
Slight Advance.

MefropoIitan street Railway De-
cIined IA Few Points Owing TO Re
improvements - The Decrease in
Loans Due to Several Factors.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

The st. Paul weekly gross earnings state
ment was given out yesterday. The in
crease for the week is $65,0 7s, making a
total increase since the beginning of the
fiscal year 50, 9G2, 129. The present rate of
increase-and it has been kept up for
nearly nine mOnths-is $4,000. GOO a year.
which is about the same as in recent pre-
vious years.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18
New York Stock Market.

Corrected daily by W. B. Hibbs & Co..
members OF the New York Exchange,
1919 F Street
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

One of the features Of the weeks news
developed yesterday at the meeting Of the
Tennessee Coal and Iron Company. A mag
niiicent report was submitted, the payment
of "a per cent back dividend on the PIE
ferred stock not surrendered was voted,
and the con- mon stock was put on an per
cent dividend basis. The report shows that
for the scar ending December there were
net profits of 81, So l79. against sS23.6S5 in
the previous year Interest charges and
guarantees cut the amount applicable 10
dividends to 81 30.. 800 FOR Inc year. Merry
all this increase was made during the last
six months of the year. and the larger part
OF il during the last three months. when
bus.ucs was done for the FIST time at the
best rates. These rates are now in force,
and. better than that, contracts have been
made for a year, more or less, in advance.
The Tennessee Coal and IRON Company was
for many years considered, in the street
kind CT gold brick, and its stock one Of the
great bunco games of the street. 1t was
talked about much as people few months
ago discussed the new iron and steel in
dGstrials. At the present time it is prob
able that there are few companies N tee
country doing more profitable business on
n large scale. The concern owns its iron
mines and its coal mines, and they are said
to be of immense extent and value. 1t
owns its own furnaces and its own steel
mill II sells coal at profitabIe prices, and
il sells ore and pig iron and steel II
makes all the profits TO be made in the
business. and its expenses are said to be
smaller than those of any OF the new COM
binations. Its capital stock is small. For
many years the preferred stock has re-
ceived no dividends. The common stock
practically has never received any In one
year the entire accumulated dividends on
the preferred are paid off and the common
stock established on a dvideDd-paying
basis These matters are an all sufficient
explanation for the advance of the COM
mon stock from nothing or Whereabouts a
share to around par in the past year or
two. The stock advanced yesterday at the
opening on the expectation of this action
by the company and later it continued TO
advance on the announcement.
4 statement made by one of the officers
of the Big Four is to the effect that already
during the present fiscal year the company
has earned the full dividend on the pre-
ferred stock and a fun per cent dividend
on the common stock as well.
Pacific Mail was weak during the greater
pat of the week, and on Friday sold as
low as So and fraction. Yesterday it i'm
proved somewhat on covering of shorts.
The statement OF the company for jan
larry vas received during the week. and it
vas not considered good by the street. In
addition TO this the talk OF the probability
of the Subsidy bill being shelved has
caused many holders to sell out There is
10 very good reason for being enthusiasts
tic regarding the immediate outlook for
this stock but it is considered by many an
excellent investment at the present price.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

lent reason to believe that within short
time the stock will be put on a full ) per
cent basis
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

electric light companies and trying to
purchase the gas company Nothing ceii-
mite and positive is yet Ito be told re-
garding the reported deal on between this
syndicate or its hackers and the one re-
naming Independent street railway, but
there is much gossip. and much positive
ness Of assertion that-soffers have been
made. and il is true beyond question that
the recent heavy buying OF Capital Trac-
tion stock has been influenced by this
gossip. Many hundreds Of shares of
Traction have been purchased during the
past few weeks ON the exchange, and
probably much more in private transac-
tions. While this stock has been the
chief object OF interest; it has not taken
up the entire attention OF the exchange
by any means, however. Business has
been fairly large all over the list, and the
total of transactions for the week has
been the best OF the year probably. Prices
generally have advanced.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

The general business situation is superb
ss has been pointed out by the best fuan-
ciai authorities Ia the country. Railway
earnings do not fall of from the immense
totals Of last year. but rather show sur
prisins increase everywhere In 1899 the
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18
Union Trust and
Storage Company
of the District of Columbia.

temporary OFFICES, Cor. { 4th Z SITS,
Capital Stock. 81 zoo. 10000.
This company is prepared TO undertake all
trust business-.ske charge OF estates, prepare
wills, and act as Executor, Administrator. Trus-
tee, Receiver, Assignee. Committee Il the estate
Of minor. and any other kindred Office.
Loans made real estate and other approved
securities at current rates Of interest
The company also acts trustee and register
for other corporations
This company is chartered to do a general stor-
age business, ant is about to erect suitable build
ings for warehouse purposes. for the storage Of
goods and vsluables. and for cold storage.
OFFICERS:
EDWARD J. STl;LLwAGEN President
JAMES G. PAYNE, First Vice President
GEORGE E. HAMILTON, Second Vice PIess.
dent, Attorney, and Trust Officer.
GEORGE E. FLEMING, Secretary.
CHARLES s BRADLEY, Treasurer.
fsSU
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Corrected daily by W. B. Hibbs {, Co,
members OF the New York Exchange
1919 + Street.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Traction rights have also been feature
Of the market. The price got as high as
on a small LOT at one time, but at pre- eut it
is fraction under that figure. Large
blocks of the rights have changed hands al
IL to "a. As has been stated hereto
fore in this column many consider this
price for the new bonds all they are worth
on an investment basis If not a trife more.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

4 statement made by one of the officers
of the Big Four is to the effect that already
during the present fiscal year the company
has earned the full dividend on the pre-
ferred stock and fun per cent dividend
on the common stock as well.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Washington Gas has been creeping up |
fFactionally in price toward 30 again.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

There has been much aati ity in Govern
ment bonds pending the refunding plan to
go into operation under the new currency
law.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

MergeHthaler Linotype stock held its
own around 1876 to 1876, with the dividend
on early in the week and around 100 to
191 after Friday EEK" the dividend. Bust
ness was fairly active.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

Above LOCO calls may be contracted for In 100
lots at 500 per hundred. No charge Tor in
coming calls
For fulI narticnla-, caIl mr. addrex.
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

An extra dividend Of per cent was de-
clared on Farmers and Mechanics Bank
during the week. The regular dividend is
4 per cent semi-anpually, and the extra
disbursement was a surprise to the street.
The stock has advanced well in price
during the past few months. The bid
price now quoted on it is 30 Eek" the
extra dividend, and no stock is offered at
that price. Metropolitan Bank has ad-
vanced steadily in price for some time
past. This week it got to $50 bid and
600 asked, but no sales were made.
Washington Gas has been creeping up
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18
Mileage Charges Dispensed With
excepting in few remote sections Of he city.
Schedule of Reduced rIessage
Rates.

For measured service, with metallic circuit snd
long distance equipment:
Extra
No calls. No parties on line calls
The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18
So a Month Up.
1t is no longer necessary for the
The Small User and the
Man of Moderate Means

to pay the maximum rate. Service can now be OBJ
tanned at rates varying with the amount and
class OF service rendered.
The broad ax., 1900-01-13
SAYINGS OF WASHINGTON.

Few men have virtue to Withstand
the highest bidder
/ hate deception even where the
imagination only is concerned.
To persevere in ones duty and be
silent is the best answer TO calumny.
Let us have a government by which
our lives, liberty and property will be
secured
There is nothing so likely to pro-
duce peace as to be well prepared to
meet the enemy.
Good measures should always be ex-
ecuted as soon as they are conceived
and circumstances will admit.
/ shall rely confidently on that
Providence which has hitherto pre-
served and been bountiful, to me-
No pecuniary consideration is more
urgent than the regular redemption
and discharge of the public debt
To Stand well in the estimation OF
Ot'e's country IS happiness OF which
no rational creature can be insensible.
Avoid gaming. This is a vice which
Is productive of every possible evil,
equally Injurious to the morals and
health OF its votaries.
The very idea of the power and the
right Of the people to establish govern
ment presuppnses the duty OF every
individual To obey the established gov
cTnment
Without virtue. and without integ-
riiy. the finest talents and most bril-
liant accomplishments can never gain
the respect and eonciliate the esteem
OF the truly valuable part Of mankind
A difference OF opinion on political
points is not to be imputed to free
men as fault. II is TO be presumed
that they are all actuated by an equal
~ laudable and sacred regard for the
liberties of their country.
The broad ax., 1900-01-13
HOMEMADE PHILOSOPHY.

Prosperity, like patent medisin. hard
l. ever heels anybody we kno.
Silence gone along diskiyerin moo
troOth every day. and nobody noze
wot the hull trooth H.
me world haz folIerd the advice OF
itz CRATE men" so long that the little
men have no place on earth too hang
up thar hat
Redoost circumstances are weaker
than thay ware before the TedaXshun
WIZ made. The essence oT poverty
dug not grow stronger with age.
We took about the eeTils oy selfish
ness. but IL Teller don't look out fur
hisself, heel soon find hisself with q
big appetite, and nUthin too feed it.
Gittin big pay without giyin the pub
lie sumthin in exchange fur IL. IL like
miIkin a COW that haz got twin CATS
In the stabun a-abaIin for skimd milk.
Frod and injustes are kivered up like
featherze in glass dish You kin see
iem awI the time, but il 700 try to lift
the lid everybody viii skream at 700
In crate alarm.
Wen the man hoo IL sinseeT in dOin
Tong meets the man hoo il sinseer 10
doin right. and thay fte about tbare
opinyuns, the wurid sets down with itz
hands in itz pockets and waits TO APP
pIod hoover wins the battle.
The broad ax., 1900-01-13

SHAFTS AT RANDOM SENT.

None laugh better andsoftener than
women with fine teeth.
Don't worry about SANDER; it will
rub OF when IT gets dry.
A woman often thinks she' regrets
the lover when she only regrets the
love.
The whisper Of beautiful woman
can be heard farther than the loudcst
call Of duty.
A young man is eomplimented when
a woman shows jealousy. but an older
man gets scared.
At this season a woman can buy
more bundles for a little money than
anybody else on earth
when a man makes the mistake of
marrying too young II is one OF the
mistakes he never repeats
A woman may be poor marksman.
but she generally knows how to throw
a hint about Christmas time
When a woman worries herself to
death about her husband getting 50
thin it's generally because she is get
ting too stout
A man who can't trust his wife to
spend a few dollars 5udiciousIy for
Christmas gifts must feel low-spirited
when he thinks OF what she will do
when she gets bold OF his life insur-
ance
The broad ax., 1900-01-13
TEMPERANCE NOTES.

A state Young Peoples Christian
Temperance union for Iowa was re-
Gently organized At Des Noines, Iowa
All the members OF the new London
(England) school board are pledged to
maintain the existikg arrangements
for temperance teaching IN the schools
One Of the, rules which Andrew Car
negie is said to have established for
his own guidance upon the road to sue
cess Is this: Newer enter a barroom.
nor let the contents Of barroom enter
you.
a temperance association under the
auspices Of the welsh Congregational
union has been organized. and Is
known as -.the Temperance Assoefa-5
tioa Of the welsh Congressional
union.
Women vote 10 Idaho. The first year
the liquor men At Moscow tried 20 him
der their ~ork on election day. Twelve
women were mysteriously impaneied
10 sit a. jurors on some important
ease. but several Of them we're 50 busy
thex cnnId not be founds And one
woman wko was wanted n The jury
hox said she carried flftcez women %
ne Polls rhfle they were huntiag Toe
ksyi
The broad ax., 1900-01-13
MUCH IN LITTLE.

Paris and Berlin are now telephone
cally eonnerted.
Chickamauga is to have a confed-
crate monument To cost SIS, 900.
The only advantage about being ia
nous is that you don't need a ehape-
ron.
Two women were arrested at Pas
sale. n J.. for operating an Illicit dis
tilIery.
In Barcelona. Spain. out Of 1900
persons liable for taxes this year. only
5000 have paid the amounts due.
Trained nurses in German hospitals
get from SIS to 500 a year. with
board. lodging and all their clothes.
PhiIanthropists at Toledo. Ohio, will
build a home for workingmen, and
have asked for committees represent
ing various crafts to cooperate.
The Elizabethian Stage Society OF
London has just performed Richard
IL" without scenery. in the lecture
room OF the University OF London
Al the close of formal dinners in
Japan guests are presented with any
portion Of the meal they may fail to
eat. which they are expected to take
home
First-class passengers in England
have. increased only 10 per cent in 10
years. while the number OF the third
class passengers has Increased Al per
cent.
The broad ax., 1900-01-13
rHrnos HEHr AND THERE


A new gIzss roof is being put On the
Sydenham Qond0n) Crystal Palace ~
cost Of $50 600
wild bOars still abound I'm some parts
Of Morocco. one hunting party having
lately killed over 30 in one week
A BOer patrol consists Of three men.
q veteran and two youngsters. usually
an uncle and two nephews. or father
and two Of his sons
It was General Custer who said. thir-
ty years ago. that warfare in noun
tsinous countries was almost impossi-
bic without the aid OF mules
In suit for divorce brought in New
ark. n J.. the wife as plaintiff says
she has had on an average six black
eyes every year for the past twelve
years
The Tree-Pianting Association of
New York city has planted about L.
200 trees since January, 1893, along the
river front and in fhe residence
streets
~ al ~ 90 .
tea has not been drunk at meals in
China The water from which il is
made is always freshly boiled and used
az soon as il reaches the boiling point
During the last year the Mormons
have made twenty-one converts in
Milwaukee. according TO statements
made by President J. ID. Cummings OF
the Wisconsin conference of Latter Day
Saints
An army OF men is now in the Maine
woods. and the log cut will be i'm
mense On the Penobscot alone there
viii be a cut of $50 .OOo. 900 to 200. CO.,
900 feet. and on the Kennebec about
15O.Oco. 900 feet
The American city which during the
first six months of 1899 showed the
largest gain in the number and esti-
mated cost OF projected buildings was
Cleveland. o.; New York came second
and Kansas City third.
The broad ax., 1900-01-13
OF INTEREST TO WOMEN.


London riding schools are ProTldiss
woman grOOIl
NeedIeEork sehoOIs in YieRRa excel
In variety OF work and number Of
fancy stitches.
SIR. B. A. NuIroney OF Philadelphia
has made over s500o0 ont Of her shops
in the KIondike.
New York young women have form
ed classes for instruction in Intelligent
foreign travelling
A woman's Society for the Proven
ton OF Cruelty to Animals has been
formed in New Jersey
Sister GeneFose (AattiRgIyl. who
died recently al Loretta, KY was the
Oldest nun in the United States
Mrs. Elizabeth Carey Agassiz has re-
signed the presidency of Radcliffe col.
Iege on account OF advanced age
Mrs. Mary E. HaEIey Of Pekin, Ill.
who gave her fortune to the cause of
temperance has written a play called
'-True TO Her Convictions. which will
be staged next year.
At the International Congress OF
Temperance Workers to be held in
Paris next April, Lady Henry Somer-
set. who is TO be one OF the principal
speakers. win touch on the work Of
Frances willard
Miss Georgina Pope. sister OF the
Under Secretary o. Canada who b
head Of the stan Of nurses in the Cana
dian contingent sent to South Africa.
is a graduate of Bellevue hospital
nursing school, New York.
A Brooklyn bride had prefix idea
in presenting the guests pieces of the
wedding cake in heart-shaped boxes.
covered with ivory white satin OF the
material of the brides gown, and
painted with forget-me-nots-