davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1901-07-15
THE MooREs AND ROCK ISLAND
Apparently Some Basis for Reported
Sale of q Block of stock

NEW YORK, July A.-There appears to
be some basis for the current Wall Street
rGn1ors that the firm of j. p. Morgan &
Co. has taken over from the Moore in
terests, of Chicago, more or less of their
Rock Island share holdings. Members of
the firm of J. +. Morgan & Co. decline to
discuss the report, but scout the idea that
they they have secured a controlling in
terest in the Rock Island, or that any
such important transaction as some of the
Wall Street reports make out has taken
place Probably the Moore stock is placed
under such an agreement that voting
power does not altogether pass out of
their hands.
In some quarters, the belief was held
that probably ]. p. Morgan & Co. will
assume the payments for the allotment
of the new Rock Island shares issuable
to the Moore interest, under the SO. Co.,
900 increase in Rock Island stock, author
lied at the annual meeting In June. The
Moore brothers are credited with holding
a majority OF the Rock Islands capital
of 80, 900 600, so that over 100000 of
stock is issuable to them, if this report
of their holdings is correct The sub
scription price to shareholders is par
Payment is due on or before July 81. The
larger share of the Moore holdings of
Rock Island is believed to have been ac-
quired last winter, while the stock was
quoted below present prices. IL was
quoted about ll5 early in the year and
sold w above 175 early In June when
two Moore directors went into the board
A report that the Northern Pacific stock
holdings purchased by Kuhn. Loeb & Co.,
In their effort to gain control of that prom
erty following President Hits refusal 10
give them the assurances they asked in
regard TO Buriington's policy. were yes
The Washington times., 1901-07-15
NOT TO INCREASE DIVIDENDS.
The baltimore and Ohio VIII Max,
improvements.

BALTIMORE, July 1.-THE belief is ex-
pressed in financial circles here, based
upon Trustworthy information, that there
would be no increase in the common stock
dividend of the Baltimore and Ohio Rail-
road Company, although the company is
earning three times the present rate of
per cent a year on this stock. 1t is also
accepted that the surplus income will be
used to make improvements. Future bet
terments will not however, be on SO ex-
tensive a scale as those already under
taken. The heavy and costly improve
ments are either finished or approaching
completion, and their cost is provided for
Some cutoffs are yet to be built that will
involve heavy outlays, but these Will be
constructed by railroad companies form
cd for the purpose under Baltimore and
Ohio control and paid for by issuing their
own securities 1t is unlikely that Balti-
more and Ohio will have any further
large capital issues for Improvement pur-
poses.
For the five years and eight months
ended June 80 there was spent between
$50 900, 900 and $65, go for improvements.
This work was essential to the rehabilita-
ton of the property. The reorganization
of the company had for its foundation an
almost entire rebuilding of the road and
replacement of the equipment. This has
practically been accomplished. OF the
huge sum thus spent about l2hs per cent
was taken out of the company's income
The rest was supplied through the sale of
securities furnished by the plan of re-
organization.
the mileage of the Baltimore and Ohio Is
increased to some thirty-seven hundred
miles. With this property under Bal more
and Ohio ownership, the Pennsylvania
will dominate the entire State of West
Virginia and only the West Virginia Cen
tral is left. This. however, is natural
feeder to the Baltimore and Ohio and the
Pennsylvania Railroad 1t is, therefore,
tied to these interests and party to
the control of the vast coal mines of
West Virginia, which the latter now en-
joys.
by January ! next the Ohio River Rail-
road, the Cleveland, Lorraine, and Wheel
ing. the Baltimore and Ohio Southwest
ern. the Cleveland Terminal and Valley.
and other subsidiary lines will be directly
operated from the Baltimore headquar-
ters as divisions of the system, with
President Loree as the executive head of
each.
The Washington times., 1901-07-15
THE PRINT CLOTH MARKET.
Less Than 100000 Pieces Sold Last
Week mt Fall River.

FALL RIVER, Mass, July 1i.-Local
brokers report that the sales in the print
cloth market during the week just closed
were something less than 100000 pieces, of
which 10. eco were odds. a sale of about
20 600 pieces of regulars was made at 2ss
cents. a net loss to the manufacturers.
odds were on Il slightly higher basis.
The cloth market has been exceedingly
quiet during the past week, buyers eN-
hibiting Il decrease in interest and manu-
facturers making fewer sales than in
number of weeks past Many manufac-
tursrs refuse to entertain bids on the 2ss
basis. and this fact is an important fea-
ket, but lesser reasons for the inactivity
lie in the fact that the retail trade has
decreased because of the siowness gem
orally of the retail trade during July and
August.
The possibility of more Withdrawals
from the selling committee has depresS-
ing effect upon the market. Buyers be-
Iieve that in case a number of mills with
draw from the selling and dispose
of goods independently il would be much
more easy to break price quotations than
at the present time. and they are watch
ing the situation here with interest.
Prices in the market of all varieties o.
cloth have been well maintained and mill
men nave turned down many offers for
goods made at unsatisfactory figures.
Manufacturers are not disappointed at
the present lack of interest on the part
of BUYERS as it is usual al this time to
expect nothing more than nominal busi-
ness. The market is quiet and slightly
weaker because of existing conditions at
25s cents,
The Washington times., 1901-07-15
STOCK MARKET COMMENT.
The Steel Strike Considered an lm-
pOrtant Bear Factor.
It's Effect Likely to he an Immediate
Further Selling Movement in the
Securities of the Trust-Thc FL
uoncinT situation satisfactory.

NEW YORK. July 1.-THE outlook for
the stock market this week has been
complicated by two most important de-
velopments that will have their first ef-
feet tomorrow a bank statement sur
prisingIy and entirely satisfactory and the
decision OF the steel workers to extend
their strike a careful consideration OF
the bank statement seems TO indicate that
monetary conditions for the present At
least are not such as need be feared On
the other hand the steel strike is assum-
ing ugly proportions, and may have a
most demoraliZing effect on the market
1t was, of course, the extensive ilquida-
tion in stocks that brought about the
contraction in loans shown by the state
ment. and inarruch as the average sys-
TEN is employed in making up the bank
statement the condition of the banks was
really much better than appeared from
the statement. The full extent of the re-
duction in loans was not shown, and ac-
cordingly the increase in the surplus re
serve was materially greater than was in
dicated in the statement. The presump-
tion was also that the increase in cash
was not fully disclosed. 1t was not the
state of money which started the selling
movement in stocks whereas it was the
liquidation in stocks which accomplished
the almost remarkable changes in the
figures of the banks.
1t is clear that If the marketing of
stocks continues there will be an over
abundance of money. On the other hand,
if the buying of stocks should be re-
sumed. il is evident that there will be
ample funds available for the require
ments of the stock market The matter
of money is, therefore, for the time be-
ing not an untoward factor.
II is as vet too soon to make any pre-
dictions regarding the extent of the steel
strike. but IT is very safe to assume that
if the news ton orrow does not improve
the situation. the strike will dominate
the market for time at least. and ii is
also not unreasonable to expect fur
th,r decline in prices, especially in the
Steel issues tomorrow. 1t is not unlikely
that any very vigorous support Will be
given these securities unless the com
mon drops below 40 and the preferred be-
low 90.
The crop news does not become less
discOuraging. The rain rumors yesterday
Were practically without foundation.
The Washington times., 1901-07-15
NORTHERN PACIFIC CHANGES,
President Mellen to He Succeeded by
Daniel Lamont

CHICAGO, ILL.,, July l4.-Daniel s. La
mont, ex-Secretary of War, will become
president of the Northern Pacific Road
early in August, unless James j. Hill
changes his plans within the next two
weeks Mr.. Lamont now occupies the po-
sition of vice president of the company,
with headquarters in New York, and in
rendering him the presidency Mr. Hill is
said to be redeeming a promise made in
1897. but which he was unable to keep
When Mr.. Lamont left the Cleveland
Cabinet 1t was with the promise of Mr.
Hill. given some time before the Cleve-
land Administration closed, that he
would be made president of the Northern
Pacific. AT that time Mr.. Hill expected
he would be able TO keep the PROMISE
but to both his and Mr.. Lamont's great
disappointment he was frustrated by the
Mellen interests. Mr.. Hill is now in con-
troll of the road, and he has forced the
retirement OF President Melien.
That Mr. Mellen would leave the road
has been ascertained upon unquestioned
authority, and it was also stated the
Northern Pacific slate had been made
up, and would go through without a
hitch. 1t was further ascertained that
Mr.. Hill would have preferred to make
his son, Lewis Hill, head of the road
but that he finally decided TO redeem
his promise to Mr.. Lamont.
Confirmatory evidence of the break be-
tween Mr.. Hill and President Mellen was
received when the announcement was
made of the resignation of f. H. Nc
Henry. chief engineer of the company
Mr.. McHenry expected to be made gen.
eral manager, to succeed Vice President
Kendrick now in the employ of the Santa
Fe The title of second vice president
of the Northern Pacific was abolished
but the duties were retained under the
title of general manager The latter
position was given TO w. G. Pearce, who
is a Hill man. This proved to Mr.. Me-
Henry's satisfaction that Mr. Hill was
in control of the property, and that the
Morgan influence would not be exerted
to save anti-Hin employees. 1t is under
stood that w. L. Darling. another Hin
man, would be made chief engineer, to
succeed McHenry.
Charles Sanger Mellen had been presi-
dent of the Northern Pacific since Sep
tember l. 1897 leaving the position of
second vice president of the New York
New Haven and Hartford to accept the
place. From the first there has never
been any love lost between him and Mr.
Hill. whose plans he has frequently op-
posed.
The Washington times., 1901-07-15

terday transferred to the name OF the
firm, was today authoritatively denied.
There has been absolutely no change in
the Northern Pacific situation. 1t Is as
serted. Almost daily conferences are Pc
ing held between Mr. Hartman aad MI
Bacon. of J. p Morgan & Co, and these
have not been interrupted in any man
ner. The Northern Pacific board OF a.
rectors has not yet been made up despite
reports to the contrary.
The Washington times., 1901-07-15
Cures Blood Poison
CANCER. EATING SORES, ECZEM,

Many suffer from Blood Poison and Cancer
who don't know it. II YOU have any suspicion
Of this terrible disease take Botanic Blood Balm
(B. b. b.. Thousands cured. Botanic Blood
Balm stops all soreness and pain in the bones
and joints, removes eruptions and copper -colored
spots from the face and body, stops decay OF
the Aesh aud bones, and prevents the hair rom
falling OUT. Heals old, obstinate ulcers, eating
sores swollen glands. itching eczema, cancer
pimples. and kills The poison which causes these
troubles, giving the skin the rich glow of per
feet health Botanic Blood Balm. the standard
treatment for Blood Poison and Cancer. cures
when all else fails. Druggists Il. Trial treat
ment free by writing DIR. Gilam, 17G Mitchell
St, Atlanta, Ga Describe trouble and free med-
cal advice given. Sold in Washington by Henry
Evans Drug Store, g22 st. NV.
The Washington times., 1901-07-15

The advantages which Hawaii has had
over other sugar producers by reason OF
her ability TO sell her sugar free OF duty
in the United States is illustrated by the
following table, which shows the relative
growth of sugar production in HAWAII,
Porto Rico, Cuba. and the entire cane
1870 to 1899. 1t will be seen that Porto
Rico has decreased her production shghtiy
in that time; that Cuba increased her
production from 1870 to 1895 cher greatest
sugar year, but 45 per cent; that the
cane sugar production of the world in
creased from 1870 to 1899 but 50 per cent,
and the beet sugar production 90 per
cent; while during the same time the
Hawaiian production increased over 20JJ
per cent.
Quantity produced. Per
1870 1899 centage.
Porto Rico....... s5.55s 5s,g2s -Sl-l2
Cuba ........ 125,505 1,o54.2l9 -fi5.Sl
Worlds cane sugar. 1.5s5,ooo 2,s62.co -tso-55
Hawaii ........,... xlI,l96 24s,i7o +207i.So
'+Increase. Decrease.
ls95. MsIo.
The increase in, commerce between the
Hawaiian Islands and the United States
which followed the free movement of
merchandise between those islands and
our ports is also Illustrated by the fact
that the exports to the Hawaiian Islands
from the United States prior to 1876
amounted to less than Sl,W0.0o0 annually,
but rapidly increased until in 1892 it was
about $li, 0o0, and recent report from
the collector of customs at Honolulu es-
Inmates the figures for the present year
at $4,000, COO The commerce of the ISL
ands is, according to the American Cy-
clopedia." an accepted authority, larger
per capita than that of any other coun-
try in the world, and nearly all of it
with the United States and carried in
American vessels.
The fact that this enormous increase in
production and commerce and wealth of
the Hawaiian Islands has followed the
freedom of trade with the United States,
established by the reciprocity treaty of
1876, suggests that the Porto Ricans are
likely to benefit by the same close trade
relations, which they will have under the
new law. which they have asked Presi-
dent Mckinley to put into operation on
the 18th of the present month
The Hawaiian Islands are 1900 miles
from the Pacific coast, and 5000 miles
from the great consuming centres of the
United States: while Porto Rico is but
a few hundred miles distant. The sugar
production of Porto Rico is now double
that of the Hawaiian Islands in the year
prior to the adoption of the reciprocity
agreement, while the tobacco, tropical
fruits, and other productions of Porto
Rico will also have the same advantages
of free admission to the markets of the
United States in competition with the du-
table products of her sister islands of
the West Indies and of the world.
The Washington times., 1901-07-15
Catnrrh and Colds Relieved In 10

10 60 Minutcs.-one short puff OF the breath
through the blower. supplied with each bottle Of
DR.. Agnews Catarrhal Powder. diffuSes this
powder over the surface of the nasal passages.
Painless and delightful to use. 1t relieves in
stantly. and permanently cures Catalrh, Hay
Fever, Colds, Headache. Sore Throat, Tonsilitis.
and Deafness Fifty cents. SUld by F. S. Will
lains Ninth and Streets. Edmonds Will
liams, Third Street and Pennsylvania Ayenue.-27.
The Washington times., 1901-07-15
LEGAL NOTICES.

IN THE SUPREME COURT OF THE DISTRICT
OF CoLUMBIA.-FRANCEs R. HoUGH vs..
THOMAS A. HOuGH. No. 213si. Equity
Docket IS.
on motion of the complainant, by James Cole
man, solicitor for complainant. it is this 18th
day of July, 1901. ordered that the defendant
cause his appearance TO be entered herein or
before the first rule day occurring forty days
after this day: otherwise the cause will be pro-
ceeded with as in case of default. Provided a
copy of this order be published a week for
three successive weeks in the Washington Law
Reporter and The Times. being the Washington
City Times, published in the City of Washington
The object of this suit is TO obtain a divorce
from the bonds of matrimony the ground of
desertion and adultery.
This order to be published in the Washing
ton Law Reporter and the Washington Times.
By the Court:
(Seal) A. B. HAGNER.
Associate Justice, Etc.
True Copy: Test:
JOHN r. YOUNG Clerk, Etc.
The Washington times., 1901-07-15
Neutrality-suspicious.

Among the interesting exhibits
at the late Paris Exposition was a
fine display of Rorick Air Cushion
Trusses Of all kinds, supporters.
and various appliances for men.
women. and children, from 1924
z Sts-N. W, which took the high-
est award. over all competitors.
American and foreign. The Rorick
air Cushion Truss Company leads
the world Two weeks trial. Two
years guarantee. Catalogue and
consultation free. 1924 + st. N.
"
The Washington times., 1901-07-15
surlIus OF reserve oVcr . =
per ccnt................ S5,2ll,525 Sl2, gy,S'J

1t will thus be seen that the surplus of
the reserve above the % per cent required
ny law is Sl2.se9,375, or s7,597. $50 more than
it was for the previous week. In the
CORE spending week of last year there
was d surplus Of S19.9G0 i25. while for the
same week of 1899 there was surplus of
slUt9S 80: in 1898, $40, ,S65. .S25: in 1881, Sil,-
70; SIS: in 1895 s22. .237, ,215; in 1888, sS3,ib,-
500; in 1884, S7S,9il,375.
The Washington times., 1901-07-15

transactions on the New York Stock
Exchange during the week just ended
aggregated 5,59i.3ls shares. OF this
amount 3,6z5.5S6 shares represent the deal
tngs in twelve stocks, leaving l.96s $50
shares as the total sales of the other POI
properties traded in. Here are the most
active twelve stocks:
The Washington times., 1901-07-15
LOANS OF SlO

AND UPWARD ON FURNITURE AND ,IANos
At lowest rates and on the day you apply We
are loaning on the Building and Loan Association
plan. which makes the cost Of carrying loan,
much less than you pay elsewhere and allows you
to pay it off in any sized notes you desire, run
ming from one to twelve months. II you have a
loan with some other company we will pay it
of apd advance you more money II desired. Rates
cheerfuIly given, and no cost to you unless loan
is made. Call and get rates Front room, first
foor.
National Mortgage Loan Co.
625 f ST. n. ".
The Washington times., 1901-07-15

The following table shows the condi-
tion OF the New York banks for the past
The Washington times., 1901-07-15

Clantauqua Beach and return, 80 cents. See
special notice under excursions.
The Washington times., 1901-07-15

EHyI tlsV- --IJ'tftast. ALh3lsleu.
Total sales. as. .0s3 shares.
The Washington times., 1901-07-15
week. as compared with the statement
for the previous week:

The following shows the relat
tween reserve and liabilities:
The Washington times., 1901-07-15

True Copy: Test:
JOHN r. YOUNG, Clerk, Etc.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1901-12-05

Mr.. Kimball had been arrested for biga-
my and adultery. The adultery case was
tried in Orange county court, and a con-
viction secured. Exceptions were taken
and the case passed to the supreme court.
Mr.. Kimball is in the patent medicine
business in Boston and when his case
came up George w. Wing, his counsel,
was i'll in Boston. He did not know the
case had been reached.
Under the law when a respondents case
is called and no appearance is made bonds
are forfeited and the exceptions waived.
This was done. A short time after the
October term of supreme court took its
recess, Mr.. Kimball drifted into Randolph
and was nabbed and placed in Chelsea
jail, where under the circumstances no
amount of bail could obtain his release
until court met.
He was taken before supreme court
Wednesday afternoon on writ of habeas
corpus, and the motion to strike out the
previous orders heard. The court put the
case back on the same footing as If it was
continued.
Mr.. Kimball's outward demeanor was
jolly and pleasant, and he didn't appear to
mind the big bail more than he would a
slight ld.-[Argus.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1901-12-05
Kimball Library Gift Accepted.

At the special town meeting Saturday
the gift of $4,000 for a public library
building, rendered by Col. X. j. Kimball
was accepted, as was also the site offered
by Randolph village. This insures the
erection of the building. 1t will be in
scribed and known as the "Kimball Pub
lie Library" A resolution of thanks for
the gift was passed.
The meeting was not largely attended
for its outcome was assured in advance. j
w. Rowell offered the following resolu-
ton -
WHEREAS. Col. Robert j. Kimball OF
Randolph offers to give the town $4,000
for the erection Of public library build
ing; and
WHEREAS, the village OF Randolph at a
meeting for that purpose duly warned
and held on the 18th day OF November, in
slant, voted to give to the town as free
will Offering part of the Adams place, So
called, as and for a site for said library
building, ifthe town will accept the same
for that purpose; and
WHEREAS, it is deemed greatly to the
advantage of the town that ii avail itself OF
both Of said offers; therefore,
RESOLVED, that the offer OF Col. Kim
ball be, and the same hereby is, accepted,
subject to all the conditions on which il
is made, and printed copy thereof now
AlNAN NAN1NAhea II GtAEAANh " anu AAlhAS q
part hereof for greater certainty. And be
Il further
RESOLVED, that the offer Of said village
be, and the same hereby is, accepted upon
the terms and conditions on which it is
made, as shown by a certified copy Of the
record Of the proceedings Of said village
meeting now here presented and referred
to as part thereof for greater certainty.
Judge Rowell asked for a reading OF the
two accompanying documents referred to,
and this being done, he spoke briefly in
favor OF accepting the gifts, saying that
the town was offered virtually $4,000 for
the library building and site. He de-
scribed the site. He said the architects
plans are to be furnished and his services
paid for by Col. Kimball, in addition to
the main gift. The resolution was unani-
mously adopted.
The following resolution was also adopt
ed
RESOLVED, that the town of Randolph
hereby expresses its appreciation OF the
gift OF 10000 rendered by Col. r. J. Kim
ball for the construction Of public libra
ry building, and returns thanks to him
for the same.
The following resolution was also pass
ed
RESOLVED, that the library trustees are
hereby instructed TO eXpend the "Kimball
fund.- in the erection OF library building
on the Adams site, and suitably to in
scribe the building with the name, "Kim-
ball Public Library"