davidaulloa/AmericanStories huggingface dataset:
The times., 1901-05-09
Nashington stocl. Exchange.

Sales-Vashington Traction and Elec-
trio 4ss: 1,000n711z, 1,000I1A, / G0G47034
!. 1.00007Q5s ,0o0a70iz-seller 10, 1,0o0d70A
!, ,009T70ik 2000G70; American Graphic
phone-Co SIS: S100T97; Union Trust and
Storage Co: 40G110, 30au0A; Capital
Traction: 1GdI0fk Washington Gas: 256
585s. 25G5824, 125n59, 2505s7s 25Q59ls; Mer-
genthaler Linotype: 23@162; Lanston Mon
otype: 1O0Gl3%4. 500d14. After caIl-C. and
p Telephone: 5d7424; Lanston Monotype:
lJ0d14lk, 400dlF4. 70d142s; Mergenthaler
Linotype: 100162; Washington Gas: 6G
59Iz.
The times., 1901-05-09
FOR sALE-sTEAMBoArs.

FOR sALE-I will sell my side-wheel steam
boat, c. j. Seuferle, at less than one-half |
naid for her construction from keel up IN the
summer of A. d. 1894. for the reason can no
longer utilize her for the purpose she was built;
she is in perfect condition. For further inform3-
tion apply to her owner GEO j. SEUFFERI.E,
es6 Pa ave NV milo
The times., 1901-05-09

The great smash yesterday should have
been no surprise To anyone. Careful in
restors and spectators were not hurt by
Il and viii not worry about the opening
and the later market today Tncv sold
out some time ago The advice Of con-
serVatiVe people that attempt 10 tell the
truth about the market having no axes
10 grind. has been insistent 10 sell out
long stocks and even 20 go short on the
bulses. Nevertheless the general public
has lost heavily; in some cases ruin Will
follow the break. The decline Of yester-
DAY represents hundreds Of millions Of
dollars OF the prices OF stocks. IN Wash
tngtOn number Of very heavy losses are
reported, amounting TO hundreds of thou
sands Of dollars, but the local speculatoF
as a whole are far better OF than might
have been expected. They have acted
during the past month or more with con-
Siderable caution and there were few py-
ramlded accounts when the crash came.
The break was the greatest that ever
occurred IN one day. even not excepting
The times., 1901-05-09
M ME. rAEO.

Medium and Card Reader; WashinEton's most IA
nous clairvoyant and palmist. Consult her on
business. love, and family affairs; seunites tie
separated. removes spells, causes speedy mar
rages. and gives luck. Open daily. German
spoken. 25c and soc go II st. NV. ml-7
you MIGHT STAND on YOUR HEAD for
month and >tin no poor workinEman could ind
anvoue who sells such elegantly tailor-made suitS
os clothes. Of woolen goods, least bit worn, 1t
such extraordinary low figures as we do The
Splendid JuSTH'S OLD STAND ol9 81. mo-
ORIGINAL. GYPSY PALMIST-Removed to 40
st. NV 10 cents; past, present, future. Reunites
separated. Lucky charms open Sunday mir
The times., 1901-05-09
New York stock Market.

Corrected daily by W B. Hfbbs & Co. men,
bers Of the New York Stock Exchange. 1919 F
Street
The times., 1901-05-09

Burlington. too. broke badly, in this
making an exception to its recent record
of great steadiness and strength 1t went
of to 1s6 and closed below 190 In the
case Of this stock it is dangerous to make
any prediction as to today's probabilities,
as, although the stock is selling too high,
1t still seems probable that the Burling-
ton-Northern Pacific deal will be carried
through.
The times., 1901-05-09
PROPOSALS.

PROPOSALS will be received at the Bureau Of
Supplies and Accounts Navy Department, Wash
ington, D. c. until l2 O'CLOCK NOON, MAY
o. 1901 and publicly opened Immediately there
after, to furnish at the Navy Yard, Washington.
D. C., the daily supply OF ice and proyender for
the fiscal year ending june 30 1902. Blank pro-
posals viii be furnished upon application to the
Navy Yard. Washington, ID. c. 4. 5. KENNY,
Paynnaster General L. S. y.
OFFICE OF THE COMMISSIONERS OF THE
District Of Columbia May 6. 1901. Sealed Propo-
sails, endorsed Proposals to sell school sites"
will be received at this office until twelve Q2)
o'clock m, on SATURDAY, MAY is, 1901, TO sell
to the District of Columbia site for a public
school house in the following locality: Eighth
Division within one-half mile of the intersection
Of Bowen Road and Branch Avenue. II the site
offered is not on public road right OF way
from the nearest road must be provided, to be
good until the street adjoining the site shall
be opened. The site must contain not less than
is 600 SQUARE feet, but preference will be given
to a larger site HENRY b. F. MCFARLAND,
JOHN ". ROSS, LANSING II. BEACH. Commits
soners of the District OF Columbia
OFFICE PUBLIC BUILDINGS AND GROUNDS.
Washington, d. c., April TO- 190I.-Sealed pro-
posals, in duplicate will be received here until
wear ending June 80, 1902: Class l, florists sup
niles: class g. flower pots; class 3, paints oils
glass etc; class 4, hardware; class 5, agri-
cultural implements. etc; class 6; electric bat
tery supplies; class Z drain pipe and plumbers
supplies; class $, stationery; lass 8, manure;
class 10 sand and gravel class II, soil class y,
ice; class 49, lime cement, felt, etc; class Il,
brick; class Is, sod; class 49, fuel; class II,
lumber and sash; class Is, use OF teams Separate
proposals for each class desired. Each envelope
should be endorsed to indicate class for which
enclosed proposal is made. Preference given TO
articles OF domestic manufacture. conditions Of
quality and price Cncluding in price OF foreign
productions or manufacture the duty thereon1 be-
ing equal Right reserved to reject any and all pro-
posals Information can be obtained here THEO.
A BINGHAM Colonel.
The times., 1901-05-09
Chicago Grain and Provision Market

Corrected daily by W. B. Hibbs & Co., mem
bers OF the New York Stock Exchange. 1419 2
Street.
The times., 1901-05-09
SPERlTUkEsSM nj

MR. keller, the famous writing medium, will
be in the city only a short time. Can be con-
suited daily al matters. Circles Monday, We'd
nesday, and Friday nights. 9ls II st. NV Gele-
phone S4S-4. ni7-6
The times., 1901-05-09

The Steel securities broke in a discour-
aging way. the preferred 10 points to be-
low 80 and the common to A. Their re-
covery, however was rapid and sturdy,
the preferred climbing back almost to
the top level for the day and the common
to g.. Conservative people still have a
very good opinion of these securities, as
this recovery showed IT is probable that
they should be bought on reactions.
The times., 1901-05-09

Pennsylvania and New York Central
were among the most sensationally weak
stocks of the day, declining and ~
points, respectively, from levels that were
already showing much sturdiness.
The times., 1901-05-09

MONEY TO LOAN at S1s to per cent. IN
Of 81 600 to $40 OO0 on D. G. real estate; pay Of
0 and per cent mortgages and begin anew; all
transactions conducted with economical considera.
tion for borrowers. WM. II. SAUNDERS Co.
I40T + st NV
The times., 1901-05-09

The break was the greatest that ever
occurred IA one day. even not excepting
The times., 1901-05-09

MONEY TO LOAN ON APPROVED CoLLAr.
ERAI,-No delay CHARLES A. BAKER Rooms
40 and a. Metzerott Building. ITO st.
The times., 1901-05-09

I HAVE some money to loan on furniture pianos
etc at a low rate of interest; confidential. JOHN
MARTIN. Room "a, Warder Bldg.
The times., 1901-05-09

ROOMS papered. a - up; samples brought; wor
guaranteed. HUNT SIG st. NV. e.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
THE FUTURE OF "COpPERS. I"

Intending purchasers of "Coppers'' for
investment or for speculation should first
find a correct answer to these questions:
"a viii the earnings of "Coppers." at
the present price of the metal, allow OF
larger net returns than can be secured
from any other class of stocks?
90 Can the permanency of production
of copper mines be as surely ascertained
as the future earning capacity of corpora
/ tons which are the basis of other stocks,
and,
/ go VIII the present price of copper, the
metal, be maintained? The answer TO
these three questions will enable one to
decide whether "Coppers' are purchase
at present prices cursory investiga-
ton of "Coppers" will prove that no other
( class of business will give as large net
earnings as are at the present time de-
rived from "Coppers" at the ruling price
1 of the metal
! A careful investigation of the present
method of conducting the copper mining
business will prove that in no other in
dustry can the future earnings be as
! surely ascertained for SO long a time in
/ the future as "Coppers.'
The reason for this is that all good pro-
ducing copper mining companies first, that
| is, before beginning to produce" block
out for years In advance the copper ore
which they afterwards are to produce -
and each year thereafter add TO this re-
serve an amount of ore equal to from so
to 100 per cent OF their yearly production;
in other words. "Coppers." while paying
the very large dividends they do pay, Sc
aside each year in the form of blocked
out ore, so to 100 per cent additional divi-
dends.
So consistently has this been practiced
that mines like the Boston and Montana
can at any time after their ore has run
OUT pay to their stockholders sum
equal TO the present selling price OF their
entire capital stock
thorough investigation will prove con-
clusively that the present price of copper,
the metal, is permanent; that is. II will
surely be maintained for years to come,
and that 1t viii be maintained through the
working of the natural law OF supply and
demand
The present selling price of copper. the
metal, is about 17scents per pound The
cost of production is from to cents,
yet with this enofmolfs disproportionate
net profit the CONSUMPTION throughout the
world is so rapidly and steadily increasing
beyond the possibHity-of production as to
ensure for years to come this or any other
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
C0PPERS IN THE PAST,

-Four years ago l publicly called atten-
tion TO "Coppers'-to the fact that al
though they had been actively dealt in on
the Boston Stock Exchange for over fifty
years, and had been and were still me
basis of large portion Of New EneI..ud 5
wealth. their merits as first-Cia md
semi-speculative investments We. almost
unknown to investors and specult in
this country and Europe; to the fact that
investigation would prove that an invest
ment in the stock of any of the coed pro-
ducing "Coppers" would give much larger
yearly net returns, with a surer guaran-
tee of permanency for a longer period of
time. than a like investment in any other
class of stocks, and | stated my belief
that so soon as these facts became known
TO investors and spectators throughout
this country and Europe, there would be-
gin scramble for 'Coppers" unparal-
leled IN the history of the stock market,
with the result that the price of such
stocks then for sale in the open market
would multiply. that this increased value
would hold and be further increased for
years to come.
At this time, and in all my subsequent
statements. the following we're named as
some of the leading "COppers" which
would multiply in price: Butte & Boston,
then selling at 81 TO S14; Boston & Mon
tana, then selling at $50 TO SIS, and Calu-
met & Hecla, then selling at 1925. So
radical did these views seem that they
were adversely criticised by those in
terested in financial matters, and more
particularly by professional financial
critics, but 1t is now known and admitted
that my predictions erred on the con-
servatiye side only for the present-prices
of the "Coppers" then called to the at
tention of the public show an increase in
value of hundreds of millions OF dollars
or more than has ever accrued TO any
other class of stocks IN a like period
The prices of the three named, Butte
Montana. and Calumet, alone show an in
crease in value of Sis. 600 600.
1t is now known that never in the his
tory of stocks has there been a parallel
to the scramble" for "Coppers' which
carried the price of Butte from 50 10 sos
per share, Montana from $50 10 $500. and
Calumet from 1925 to $500 and others in
like proportion, or another instance
where such a tremendous increase in
price held and became permanent. The
fact that the public were so quickly edu-
Gated. that such a great increase in
values came in such a short time. and
that this increase has held and is still ad-
vancing. and that seven out of every ten
persons interested in financial matters in
this country and Europe are now familiar
with the merits of "Coppers," when four
years ago not one in one thousand had
even an intelligent idea of their worth,
in my opinion proves the following state
ment. which was used in all my public
utterances:
owing to a peculiar combination of
conditions. this great industry, copper, is
the only one of all the great staples that
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
''COPPERS" AS AN INVESTMENT

In buying "Coppers" for speculation or
investment, intending purchasers should.
if possible. confine their purchases to the
stocks of established, producing mines,
for while such stocks are rreer from the
risk OF loss than any other class of stocks.
there is no greater risk than that which
attends the purchase Of the stocks of new
copper mines.
No investment In a gold or silver min
ing stock the stock of a land company, or
an industrial based upon patents. is at
tended with so great a risk as an invest
ment in the stock OF a new copper mine
At least 4e9 in each 500 of the new copper
mines whose stocks are offered for sale
publicly are worthless, a large proportion
Of them being swindles OF a most fragrant
character. organized and conducted for the
sole purpose OF selling stock.
The reason for this is self-evident; to
mine copper and legitimately conduct
copper mining business at the present time
calls for the investment OF very large
amount of cash capital. No new copper
mining company can begin business, under
the necessary modern methods, without
the expenditure of al least S1.000,0 600 TO
5000, 600 cash before any dividends can
be earned. making it the most unlnviting
field for small capitalists who intend 10
conduct the business legltimately, and the
most inviting field for schemers whose
only purpose is to sell stocks on promises
which can never be redeemed.
As an illustration of the difficulty OF
securing new copper mining properties:
During the past few years 1t has been
necessary for me to close,y follow all al
legged discoveries of copper mining prop
critics in tho United States, Canada. and
Mexico OF these. there were four hum
dred and eighty odd which appeared to
have sufficient merit to warrant investi-
CATION. OF the four hundred and eighty
investigated. in only forty odd instances
did they have sufficient merit to justify
the expenditure necessary for complete in
vestigstiOn by the employment of en-
gineers ard mining machinery, and OF
these forty odd only three met all the re-
quirements necessary for tho establish
ment of legitimate copper mining bust
ness
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

price which does not actually prohibit
the use of this metal.
The only factor tIat can adversely affect
the selling price OF copper, the metal. is
the discovery OF new mines.
Demonstrated facts indicate conclusively
that the entire production of all new
mines for the coming ten years will prob
ably not equal what has been taken from
the old ones in the past three years.
The answers to these questions prove
that no purchase Of stocks can be made
which will be so free from the risk OF loss.
so sure TO pay for the present and for the
future such large returns, and consequent
ly so sure to give such large profits as
"Coppers." In my opinion the purchase
of good. producing "Coppers'' at present
prices will give as large, if not larger,
returns in the coming two years than have
been realized In the past four
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
The Chesapeake Chaatagqua Assembly, of
ChautaGgua Beach, Nd.

has opened an Office at No. 91S F st. n. w.
Room 80, for the sale of their building
lots at Chautauqua Beach, taking sub
scriptions to their capital stock and the
booking of excursions for the season of
1901 of Sunday Schools, Leagues. Conven-
tions and other organizations which may
desire an outing for i day or longer at a
thoroughly moral and eleyating resort.
The immediate improvements eontem-
plated for the amusement of the children,
pleasure of the daily visitor, comfort of
the hotel guest and enjoyment of the cot
tage resident are elaborate, comprehen-
sive and attractive. Our patrons may
rest assured that the sale of intoxicating
liquors, horse-racing. gambling and gam
bling devices will be strictly prohibited.
Not laboring under the disadvantages
and ineXperience of last season, We can
confidently promise for next season better
service in all departments
For plat of lots. size and price-list, ex-
cursion dates, etc. Call or address Rev.
CHARLES c. MacLEAN, Chancellor
HOTEL AND CAFE to lease to RESPONSE
Bile person for term of years.
jal0-eod-I3t
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
THE CHICAGO GRAIN MARKET.
Wheat Dull and Lower, With Weak
ness in Corn and Oats.

CHICAGO, Jan. 15.-Wheat was dull and
lower. The feature of the market was
the support given on the breaks. though
the leaders were nervous and confused,
but were generally inclined to operate on
the short side owing TO the continued
bearish advices and lack of general out
side trade. Liverpool was weak and dis
appointing, SD lower; Paris lie lower:
Antwerp unchanged. Primary receipts ex-
ceeded last years 20O, 600 bushels. Clear
ances, 200, GOO. Cash demand here was
very poor and seaboard reports only II
loads. Today's range was from II asa
II 1-2 to rs rs closing at H.
The corn market was a purely local af-
fair, showing some strength early on pit
traders buying and in turn declining on
selling for the same account. Commission
house interest in the market was very
small. The cash demand was very slack.
Local contract stocks decreased $4,000
bushels last week and are now only 74G, 600
bushels. Today's receipts were 659 cars
with but one contract. May ranged from
80 5-SgSS Ia. closing at SO 1-4d3S 3-S.
The dizziness In oats during the last Of
the session induced free liquidation by
longs and futures closed easier. Car lots
were in less demand at lac under yester-
days prices. Today's receipts were 475
cars, with 1856 estimated for Wednesday
Provisions averaged higher the moder-
ate hog movement adding TO the already
bullish situation. Certain packers bought
lard and there was a good investment de-
mand. Profit taking by scattered longs
was a feature. There was an improve
ment in the cash trade in both meats and
lard.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

has absolutely escaped the march OF mod
ern progress-escaped 1t for fifty years,
until today it is possible for capital to be
invested in this business or basis that
will give to it 100 per cent net profit on
all gross business-a business where the
working of a natural law of supply and
demand, not the artificial law of arbitrary
combination, allows the producer to make
his selling price such as will give to him
from 100 to $50 per cent net profit on his
entire product
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

The stock market yesterday showed a
reaetionary tone nearly all day and the
street generally was pessimistic as TO the
immediate future. How far the reaction
Will extend no one has much right to pre-
DICT but 1t is probable on the whole that
VIII be a bad disappointment to the
bears, as the immense buyipg of securi-
ties for investment during the past six
months has taken much stock out of the
street and established a higher actual
value for the remainder beyond anv
tion. Some shra"-A
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

Copper popo @ppr a& in he Silver mimi
i h Early n spg h year on entered in
y V
o h py a this shafts about is being
N d
lain atatd heBu ner HI mining district P County
on tb h mini claims d H in the of
Dom wa planned in y
as
d TIL ~
lg
the WdvlGm wn vigorously tn
al tt m KITS % properties h m Comp super
h Company Mr. Charlie OF dh
property has De in fp "copper" NJ he executive
h F C since h Formation o the a dCoqec many
lie roe up divide rn bass til ehot@H til epD@bee board
shares If stool hpay be sold b subscription at
an h n
Ly2 AvoRNN sereay treasurer
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
Washington stock Exchange.

Sales-U. S. Electric Light, Cert: $1,000
G1O2 10; Unioa Trust and Storage Co.: 10
G1O2; Capital Traction, 25G104 1-2, 1d105,
4oG1o4 as; Washington Gas: 25d63 IL:
Mergenthaler Linotype 2oG176, 100
nc 1-2, 5G176 "a; American Graphophone
CO.. pref: 1G0Gl1 Is. 1dl1 10 After
call Capital Traction: 20G104 3s; Ameri-
can Graphophone Co, pref: COOL as;
Mergenthaler Linotype: 20G176 1-4-seller
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

One opinion expressed at the close yes
terday was that the railway list would
have advanced during the session and
closed strong with good buying If 1t had
not been for the break in the industrials
in the afternoon. This is borne out to a
certain extent by the details of the day
business. There was undoubtedly buying
for important people in the Fries. the Pa
cities, and the grangers at times during
the day. II has happened before many
times that the industrials have prevented
the market from advancing and many 9TH
er times that they have caused breaks.
The specially weak features yesterday
were Sugar and Federal Steel. and GER
tainly 1t cannot be said that there is any
thing in the known facts regarding the
two companies and their securities that
should have caused such a change of SEN
timent. The Federal Steel case is in
particular inexplicable The stockholders
are TO receive a per cent cash dividend
and there is nothing to indicate that they
viii not get a quarterly dividend during
the year as we'll. The result of the meet
ing of the directors. however, was not
known to the street until after the close,
and the rumors were numerous that there
would be disappointment of some kind.
There is in this circumstance some basis
for hope that the market will recover to-
day because the bear rumors were not
fulfilled.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

--.srnt one.
easy and no attention is
,a.u 10 the bear talk of the bad effect of
gold exports. The Tin Plate Trust yes
terday put its common stock on an per
cent dividend basis, a most fsttering ar
g,ment as to the prosperity of the COM
pany Earnings statements received were
good Gossip regarding the meeting OF the
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
MONEY WANTED AND TO LOAN.
.0ME HERE FOR MONEY.

Well tide you over IL you're
short of ready cash. Money loaned
q on Furniture, Pianos, and other
q Household Effects-without remov-
. al from the premises-at lowest
rates of interest. No delay or pub
ty. Confidential. Private rooms for
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

The only explanation offered for the
break in Sugar was the statement that Mr..
Havemeyer intends to sail for Europe in
a few days and is selling out some of his
stock.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
OFFER FOR PUBLIC SUBSCRIPTIONS.
Notice hereby given that public
cache of the stock of the
ARlMEx CONSOLIDATED COPPER


ko of
o sums due
am ngr
amt a on OIL fe
January
RI n VIII col n part.
o
who
to
Of W o Mass:
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

Erie people tomorrow was optimistic. The
Federal Steel Company declared per
cent lump sum dividend on the common
stock, as had been expected.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
The New York stock Market.

Corrected daily by W B. Hibbs & Co.. mem
bers Of the New York Stock Exchange, l4I9
Street
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16
SECURITY LOAN CO.,

Cor 9th and sts. N. W. de7-ue en-
MONEY-S1O AND UP LOANED ON
FURNITURE, PIANOS, ETC, AT THE
LOWEST RATES, AND EASY PAY
MENTs. BUSINESS STRICTLY con-
SEE ME BEFORE ROR-
ROWING; ELSEWHERE. MARTIN.
ROOM 81, wARDER BLDG. ja1-1mo
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-16

ARIMEx CONSOLIDATED COPPER COMPANY
CAPITAL.". SIS, 100000.
CAPITAL

of
hin do peatng pertes
is
each asnob mdsn orgag
o h capita n
in the theco
The company OWNS the olowingp ropHths:
par o
o
~
100000 Oxide
COMPANY fNewJe 1000