davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1901-08-18
BONDS.
THE DAYS OPERATIONS IN STOCKS.

The stock market was generally duh and
heavy. with final prices at net losses In the
greater number of issues. Commission houses
were inactive and as a rule. transactions rep
resented little beyond traders operations. Ell
forts 20 depress prices were not successful De
yond fractional recessions i'm the greater num-
ber of shares. although in a few issues fair de-
clines were made the publication OF the
bank statement which showed a reduction In
reserve above legal requirements of S2,53l 900
The exhibit failed to reflect the course OF money
in the week as indicated by estimates made on
Friday for. in place Of estimated increase
I'm cash of upward of S700.el0, specie and legal
tenders declined S2,1l9,0n. The loss was due
to operations with both the Sub-Treasury and
the interior but on interior operations the
actual loss was not so great as indicated by
the statement. II is quite likely that the move
rnent of money will from now on run against
this city but, with the fear of gold exports
eliminated and With a growing gold production
TO depend upon, there should be no reason Tot
uneasness at this centre over the money mar
ket
The result of all changes in the bank state
rnent reduces the reserve TO S1S,42l9e0, against
So0557 $50 in the same time last year. and
SlS42l 800 in the year before. The loss in re-
serve was due entirely To the decrease in cash.
as loans decreased 81 lGJ4 500 and deposits
SOL 500 The position of money is sound
throughout the country. and declining reserves
at this period are normal developments. In the
foreign exchange market evidence multiplies
daily OF the strength OF the financial position or
the United States and the probabili OF a
gold importing movement this fall. Grain bills
are again in abundant supply, and ii is eX-
pected that good supply Of cotton bills viii
develop next month In the last week falrly
large buying for foreign account OF American
securities helped depress exchange rates.
while an additional factor in the decline was
the presence in the market Of large supplies OF
sixty and ninety day bills that had been lent
stock houses against stock and bond collateral
The higher rate for time money has encouraged
this kind OF borrowing.
All stocks closed the poorest points OF
the day ST. Paul and the rest of the granger
shares were weak features on small dealings
while the Pacific shares were also sold down by
traders without bringing out much stock To-
tai dealings were under 10000 shares, with the
heaviest sales in Union Pacific, Atchison' st
Paul Erie and the United States Steel shares
The usual weekly table Of price changes ior the
active stocks follows:
New-York tribune., 1901-08-18
PEOPLES GAS SLIT

II appears from inquiries made from the East
that Misrepresentation exists regarding the
action brought by the States Attorney against
the Peoples Gasiight and Coke Company. of Chi
The fact is that proposition made
time ago TO the Attorney General OF the
State TO bring an action against the company on
the re lines those of the present suit. The
Attorney General considered the matter and finally
dismissed II the ground that every legal point
In the proposed had been brought up. in one
form another. before the this State
several times. ami had been decided in favor OF
the company. Last winter the proprietor of Chi
cago newspaper. strongly opposed 10 all corpora
tons got up n called mass meeting. and. hiring
a hall and band got n large crowd in attend
ance. At this meeting resolution passed
requesting the States attorney to bring the action
A States attorney I'm Illinois is about the same
Dstrict-Attorney in New-York State. and has
charge of criminal in his individual county
II appears. however, that he also has a technical
right TO entertain such action the present
in the lower courts. but after the case leaves tho
lower courts and goes TO the Supreme Court IL
is taken in charge by the Attorney General No
States Attorney has ever before assumed the re-
sponsbility of bringing such action as the pres
ent one such are more especially IN
the province OF the Attorney General the State
The highest officials of the Peoples company
say there is absolutely nothing in the suit itself
except that 1t brought for stock jobbing
purposes and for its effect on the market Chicago
to have sold not far from fifty thousand shares on
tion would cause break in the market This
short interest is still uncovered.
New-York tribune., 1901-08-18
FOREIGN EXCHANGE.
c. Schumacher & CO. say:

After an inordinatey protracted period OF s h,gh
exchange the decline has come at last after max
ing final convuslve squirt at the beginning OF
the week from 81 Sl5SuA IS. which was the quota
for demand sterling last Tuesday evening, the
ruling market price at present writing W CLOCK
M is 81 sl.a$iSiA showing total decline OF
Il per for the last three days, accompanied
by a corresponding decline Of u per cent on sixty
days sterling and on Continental bills Nhether
this the beginning of the regular yearly autumn
decline will depend upon the supply OF cotton
bills which may receive next month. GRAIN
bills are again in abundant supply, but would
rot OF themselves suffice TO cause a much turther
decline. unless reinforced by liberal receipts OF
cotton bills. The ostensible cause OF the present
decline In exchange Is the resumption OF European
buying of our stocks and bonds, which com
menCed last Tuesday and Wednesday. ard has
continued since. In addition 10 the supply
from that source, large amount OF sixty ana
ninety days bills loaned TO stock houses by our
banks and bankers against stock and bond coilat-
erals have also pressed in the market all this week
This borrowing Of sixty and ninety days bills Is
due to the higher rates now obtained for time
money. which now brings +dis per cent Tor liked
terms OF three and four months. While doing
their share toward depressing our present eX-
change market. these operations have largely
increased the short Interest and have, In fact,
caused quite a noticeable demand for short ster-
ing for October and November delivery In cover
OF this borrowed exchange at Its various maturl-
ties. This demand. however, has been literally
supplied 81 S6q 81 N6i4 for demand sterling based
upon offerings OF sixty days grain bills and cotton
bills for the same delivery AT S2GH SEA
New-York tribune., 1901-08-18
,kers' posted rates were:

DOMESTIC w-Orleans - Com
mercal, 75cqS1: bank. 81 premium. San Francisco
Sight sc; telegraph. NC. Boston-lOGl21sc dis
count. Chicago-25c discount Chareston-Buying
par: selling l-lOc premium. Savannah-Buying,
Lice discount: selling, 75c premium per $1,000.
FOREIGN MONEY MARKET-Call money in
London 1lzG2 per cent; open market discount rate
for short bills. 2t4a2as per cent; long bills, 2% per
cent Berlin discount rate, 81. per cent for three
months bills and u. cent for short bills Berlin
exchange on London % marks 4Sir pfennigs. Paris
exchange on London, & francs 22ls centmes. Paris
discount rate. lfs per cent
FOREIGN SECURITIES.-British consos for
money. s-l6: for the account. si&s Spanish Is IN
London 6s5s French rentes. lol francs 571. CEN
times.
THE SILVER MARKET.-Bar Silver. 5Sl.c:
Mexican silver dollars. 45Izc. Bar silver in London
closed al 357sd
GOLD PREMIUM.-In Madrid. 1881; Lisbon.
$50; Buenos Ayres 1872 90. Rome Al. IS
New-York tribune., 1901-08-18
AMERICAN SECURITIES ABROAD.

London, Aug. II, p. m.-The market for Amer
ican stocks inactive and generally heavy.
Final prices follow: Anaconda. sss Atchison. 7s1z
Atchison. preferred. Gx; Baltimore and Ohio 100:
Canadian Pacific. ll3Ss: Chesapeake and Ohio. 47s.
Chicago Great Western, e. ST. Paul ls7A; Denver
snc Rio Grande, ss5 DO preferred. 81: Erie. 3s do
frst preferred, "; DO second preferred 53 Illinois
New-York tribune., 1901-08-18
HONEY AND EXCHANGE.

MONEY MARKET.-Moncy rates as quoted fol-
low: Call money, 2I2 per cent. Time money. per
cent for sixty days and three months, and 4ia per
cent for four and six months railroad collateral
Commercial paper, 4l9I5 per cent for three four
and six months for the best names, and above for
names not so well known.
FOREIGN EXCHANGE.-Market closed weak
Actual closing rates follow:
New-York tribune., 1901-08-18
GUARANTEED STOCKS.
Quotations furnished by Joseph Walker Sons. No
WaiI-atJ

walI-at)
Albany & Susquehanua o D. c. (gtd by
Delaware & Hudson) ........
Atlanta & Charlotte Air Lane q p. c. (std by
SouthernJ .................-s
Boston & Albany p. c, Cstd by \. Y. G g
Boston Il y. Y. Air Line pf. p. c (gtd by
y Y. y n. II ................
Boston & Lowell p. c. tgtd by Boston &
Boston & Providence 10 D. c. (gtd by y. Y.
y. II Hl.-.....-............ .-.......
Beech Greek p. c. (std by y Y. C & Hud-
Catawissn r. R Co 5p. c. pr. stocks cxtd
by Phla. q Reading g).....................
Cayuga Susquehanna p c. (g,d by Del,
Lack Il WESTERN .-...--.-----.--...-----
Cleveland & Pittsburg p. c. tstd by Penn
Connecticut River 10 p, c (std by Boston &
Connecticut & Passumpsic River p. c. CEtd
by Boston & LowelD. Observation-Disclosures.
Columbus Xenia .. Q. (Etd BY PennsyI-
Concord s Montreal p. c. Cstd by Boston 8
Del & Bound Brook p. o (std by Phila- q
Detroit. fIIllsdaie q Southwestern ~ c. igtd
by L. >. & Michigan SOUTHERN. ..--.....-..
Erie Pi,ts. D. c. lgtd by PENNSYLVANIA.
FL Wayne ( jackson 81, D. c pf Cxtd by
Lake Shore & Michigan Southern) -.
Ga r R an,,n Rsnk,ns Co, Co II p p C. ga by
Illinois Central Leased Line p C (std by
Illinois CentraD D.-.....-..---,--..-....
Joliet Chi. p. c. (gtd by Chicago & Atom.
Lake Shore gtd stock 10 D. c (gtd BY Lake
Shore 4 Michigan Southern, .............
Little Miami S+s p. c. tgtd by Pennsyivanuia)
Little Schuylkill Navigation r. r. & Coal Co.
p. c. tgtd by Phila & Readins). .......
Mine Hill & Schuylkl Haven p. c Cstd by
PhlIa- * Reading) Observation-Disclosures
Morris & Essex D. c. Cgtd by D.. L. & w.
y. Y. & Harlem u p. c. com. and pf (std
BY y Y. G & II l-,-...-..--....-....
New-York Lackawauua < Western p. c.
tgtd by n, l.. & &WD-.................-
Naugatuck 10 2. c. 9gtd bv y. Y. y. II. & HI
Norwich & Worcester pf. p c. (Etd by
y. Y. \. II & H).......-.....,.-....
North Pennsylvania .. c. (gtd by Phila-
& Readingl. ............ ............. -.
Ola Colony p. c (gtd by " Y. y II & H3
OswegO 6 Syracuse p. c. (gtd by Delaware
Lackawanna & Western rn)-................
Peoria 4 Bureau Valley p. c. tstd BY Chi
cago. Rock Island & Pacifc) ).............
PittsburE FIT. Wayne & Chicago D. c (gtd
by Pennsylvn uial. .............-....
(gtd Jointly by pitts. & Lake Erie and
Lake Shore & Michigan Southern ......
Providence & Worcester 10 p. c ,gtd by y
Y. v II. & Observation-Disclosures.
Rensselaer, & Saratoga p. c. Cstd by Del
aware Hudsonl .-......--..--...
Rome. Watertu-En OgJiensburg s p. c (gtd
by N Y. G. < Fl Ri. -............
Saratoga & Schenectady p. c (Etd by
Delaware Hudsonl northumberland.
Southwest Of Georgia p. c. (gtd by Cen
trail of Georgia. Observation-Disclosures.
United y. ]. r. r. & Canal Co. 10 D. c. (gtd
by Pennsylvani )........................
y. C (gtd by Delaware. Lack & WESTERN
Utica & Black River p. C (gtd by Rome
Watertown Ogdenshurg). ...............
Valley Of NewYork p c. (gtd by Del
aware Tackawanna & westernl. 49,.
Warren IN. ~ .. c. (gtd by d. l.. & W..
New-York tribune., 1901-08-18

RAILROAD BONDs.-Market irregular Total
fales amounted I'm value 10 s57s.coO. against
t.254 900 Friday. The heaviest dealings We're in
The Atchson general ts. Central OF Georgia Sd in
comes. Chicago, Burlington and Quincy ss. Mexican
Central LIST incomes, Peoria and Eastern income As
southern Pacific as and Union Pacific eonvertlble IS
New-York tribune., 1901-08-18

Central i4sI1: Louisville and Nashville. 1855; Mis-
souri, Kansas and Texas Z7ss do preferred 54lR;
New-York Central, 15s: Norfolk and western, pre-
ferred 30: Northern Pacific, preferred. lol ontario
and Western IS: Pennsylvania, 74a.; Reading zr..
do first preferred 3sa. do second preferred Io9.,
Southern Railway 3l1s do preferred, S1s4 southern
Pacifc 57s Union Pacific 1OOs.: do preferred gle;
United states Steel 43L: do preferred. s4A.: wa
bash, Pig; do preferred. 40.
New-York tribune., 1901-08-18
STOCK VALUES LOWER.
TRADING AGAIN LIGHT.
BANK RESERVES DECREASE - MONEY
AND EXCHANGE.
lions were,

Closing prices yesterday of the principal active
securities and net changes from Fridays quota
fionS were.
New-York tribune., 1901-08-18
NEW.YoRK DAILY TRIBUNE. SUNDAY. AUGUST IS, 1901.

and the number of passengers carried one mile in
creased II per cent. The total revenue from pas
sengers. sl0.s6s975 showed increase of 1913 per
cent. The company carried in revenue freight for
the year H.121a tons. which increase of
S.N per cent over the year previous; while the
revenue tons carried mile amounted 2.3A-
O55 44s, increase of 1s5 per cent The freight
train earnings train mile increased 80 per
A comparative statement of the operations
mile of road shows:
Gross Gross ear earnings ss23i st9sl Inc $500 ,
Net earnings .-.......... .S1.571 S1,4T9 Inc. SOS
There have been changes in the amount of
the capital stock outstanding. and the company
has no floating debt, and has had since its
organization. Mobile and Ohio stock
tihcates to the amount of A,S9S. 800 issued in
the Mobile and Ohio Railroad Company deposited
with the Guaranty Trust Company of New-York.
trustee The additions the funded debt during
the year included Southern Railway Company first
consolidated bonds. s4742.00; Southern Railway
Company. St. Louis division. first mortgage per
cent bonds. issued for the purchase OF said di-
vision, sl0750,oo0; Southern Railway Company-Mo-
bile and Ohio collateral per cent gold bonds.
NS2+O1O; equipment notes of Louisville. Evansville
and St Louis Consolidated Railroad. s1OS 1872: mis-
cellaneous equipment obligations. $3.50. 800. and
SO00OO0. Total s26. sO5 512 The reductions in the
year amounted $5.ass,029. making the net in
crease in funded debt s2l, ,5S9 49,
New-York tribune., 1901-08-18
BUFFALO AND SUSQUEHANNA RAIL
ROAD COMPANY

Report for year ended June 80. of the Buffalo
and susquehanna Railroad follows:
COMPARATIVE INCOME ACCOUNT
Years ending 80
Gross earnings $721 965 81 s32 99i "A s76T 31s "a
operat'g exp 3s5OOI % 519 2s3
Net from 1901 ss q as7soo 81 s24sos0
other income e--..----.. b,42f d
s3o7 50 s347 81 s24soa5 As
Interest So IA 90 eO6Is 10
Dividends paid 1ass4o 90 1890 90 1900 90
Surplus sI4T0s "a sls5 SAG ssl5l8 rs
BUFFALO, ROCHESTER, AND PITTSBURCs
The full pamphlet report of Buffalo Rochester
and Pittsburg for the year ending June 30 shows
comparative income account follows:
Gross ,sos aP as 1ne ch;shs sss
Operating expenses. S.277o76 2sss.6O Inc. 3ss
Interest rentals. etc. 133S COS l1I0572 Inc.
Extra expenses. improve
ments & spI, app'ns 5sO.is4 44s.s7s Inc. ss15s
Pfd dIvs. per cent. 10000 4qs 10000 Inc iaO Goo
Com div 2 per cent. 10000 Inc. 10000
Surplus ........... s2O5304 1925 s76 Dec ,12o s72
The figures for 1901 include the operations of the
Allegheny and Western Railway for a full year.
while the report OF last year embraces only the re-
suits OF six months. Interest and sinking fund
payments were increased by the requirements OF
$4,000 a. per cent twenty-year equipment bonds
issued during the year. Special appropriations
amounting 10 S00.Zss represent the entire expen-
ditures for construction on lines owned and pro-
prietary roads and the principal OF all car trust
bonds paid off during the year
New-York tribune., 1901-08-18

saturday. Saturday, Net
Aug. 10. Aug. II. changes
New-York tribune., 1901-08-18
Sex dividend.

'Ex dividend.
TIE DAYS OPERATIONS IN BONDS.
GOVERNMENT BoNDs.--Market steady Final
quotations follow:
New-York tribune., 1901-08-18
SOUTHERN RAILWAY REPORT.

The pamphlet report of the Southern Railway
Company for the year ended June 30 is issued
tabulated statement OF the income account was
published in The Tribune on August TO- The profit
and loss account shows as follows:
New-York tribune., 1901-08-18

sales--i-Closng- shaTes
Omen High Low Fin. Bid. Ask S'lo'
New-York tribune., 1901-08-18
SALES AT THE STOCK EXCHANGE.

RAILROAD AND OTHER STOCKS.
New-York tribune., 1901-08-18

Total .. $35s pa S32S 80 $40 Inc $50
The average mileage operated for the year 66i2
cop,pared with an average OF 5000 miles in 1000.
The traffic statistics both passenger and freight.
showed increased percentages In every instance.
The number of passengers carried was 7.437+o4, an
increase Of 1898 per cent over that OF last year.
New-York tribune., 1901-08-18

sAnd interest.
STREET RAILWAY COMPANIES.
NEw-YORK
FURNISHED by William e Nichols IS Wal-st)
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
STOP.
Continued from First P4ge.)

at the expense OF the people
A short time ago the Commissioners
decided that we needed more fire en-
glncs, but knowing at the same time
that there was not enough money on
hand nor in sight with which to build
the houses, they resolved to go before
the Legislature and get permission to
issue bonds, The Legislature granted
them permission to issue SEA, 900 worth
of bonds. They said that would be
enough and they built two fire de-
partment houses and undertook to
iit them up with the thought that
$65,0O0 would last forever, and when
they got through they found that they
had spent all their money for build,
ings ana had nothing left for fire ap-
pnratus. And the people from whom
they bought their apparatus have not
received their pay TO this day. In
this instance the Board tried to draw
100000 out of S65,000 fund
These are some of the reasons why
the city of Akron, in its general run,
ming expenses, is over $3.50, 600 in
debt.
1t has been claimed that tie reason
the city is in debt is because we have
put through numerous improvements
and upon which the city had been com.
PEELED to pay its portion That is not
true, for in the last 10 years the city
of Akron has taken but $i,50O out of
Its general fund and the city's por,
tion today stands in the shane of
oVerdrafts upon the special funds or
IN refundlng bonds. Now if the law
that requires the City Clerk To GER
tiiy that there Is money in a fund
before any expenditure can he made
II the law that limits the city of Ak.
ron to o mills is good, then this bond
issuing is Illegal because under it the
City Commissioners can purchase any
thing without the Clerks certificate;
they can spend money at the rate of
20 mills year, ana at the end of the
year they can sell the bonds to make
up the deficiencies. What protection
has the taxpayers against extrava.
CANT legislation? What protection
has anybody il Judge Anderson can
sell Sl6S,000 of bonds this year to keen
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
DON'T HURT SOME.
But Coffee Certainly Ruins Some of
the Most Highly Organized People.

zone year | lived where the water
was bitter with iron and | could not
bear to drink 1t, so | began drinking
coffee three times day.
Gradually / noticed an uncom-
Portable feeling in the stomach, and
more or less constipation. In few
months began to lie awake ut night
long after l had retired.
This increased, until never Thought
of going to sleep before three or four
o'clock In the morning, and then only
after getting out of bed and walking
the floor for an hour
was talking OF my nervous state
with friend, who suggested that per
haps II was the coffee | had been us
ing. She felt quite sure II was, and
stated that coffee would not stay on
her stomach at all, but az she felt
she must have hot drink for break.
fast, she had been using Postum Food
Coffee She said she didn't Ike Pos
tum particularly wcll, and at break
fast the next morning didn't won.
der, when 1 tasted the fiat drink that
the servant brought on.
The same day | was invited TO take
dinner with another friend, Mrs. Eos,
ter. | had visited her often before and
knew she made delicious coffee, so
when she asked how liked her cof
Zee, said, IT Is Just AZ fine as usual.
she invited me to have another cup
but | said, Il would not uare 10 tax,
the second on, you can drink M
many cups OF this rs you like; II
won't hurt you. This is Postum Food
Coffee. We have been using il yeal
now, and the little children have al
they want and our family have never
peen as healthy as in the past year
Postum said ! doubtfully, why th,
Postum ! had this morning didn'i
taste any more like this than disl
water Perhaps II was not mad,
right said my friend, 4 have know
more than one person to be turne,
away from Postum because Il wa,
poorly made. There Is no secret II
it; only allow it to boil long enoug
to bring ont the taste. and there yo
are have been using Postum
since, and am entirely cured of IN,
trouble. cannot say too much 70
tt"-Grace A. Foster, Omaha, Neb.
musical club can offer to Its patron
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
ARBITRATORS DID
NOT SUCCEED.
Telephone Managers Decline to Consider Over
lures From Strikers.

Arbitration committees met Friday
evening with Managers Laubach and
Druckemiller, of the telephone com
panies, with a view to settling the
strike. James ]. Mahony, A. J. Law
renee and Mont Beckwith, represent
ing the Central Labor Union confer
red with Manager Druckemiller, and
Messrs. Walker, Gauthier and Martin,
representing the City Council, talked
with Manager Laubach.
Both managers declined positively to
agree to treat with the strikers, claim
ing that their conduct toward the
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
LAST LINKS.

The Ladies' Aid Society of the
Unlyersalst church will hold rum
mage sale october 23-27 Inclusive III
the store on Howard St, formerly oc.
cupled 10y the l.. Il. Smith i've and
ten cent store.
Rev w II. Crispln will speak ON
Main st. tonight on "The Saloon and
How to Deal With It."
Miss Mary Beard, principal of In,
Girls Industrial school ut Montgom
cry, Ala, will speak at West Congrc
gational church Sunday evening.
Rev, Geo f, Smythe. of Gambler
VIII preach in st. Paurs Episcopa
church Sunday.
A large audience heard the first n,
the series of lectures TO be given in
the High st, Temple by Rabbi Phllo
Friday evening, His subject was
The Origin of Man" Mr.. n A. I'm
ham and Miss Shipmdn sang
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
OF Canton-AkrOn
Railway.
It Is Said to Have Been
Made,
And N. o. T. Co. Is Named as
Purchaser.

1t was reported late Saturday after
noon that the N. o. II. Co. had pur-
chased the property of the Canton
Akron Electric Co.
Vice President win Christy and
Manager Chas Currie. of the n. o. L.
Co. are not in the city at present, and
Capt Aaron Wagner, of the Canton.
Akron Co., is Mt Columbus, SO the
story has not been certified to.
Secretary Moore, of the N. o. T. Co..
neither denied nor confirmed the
story, but he admitted that there had
been talk of such a deal between the
companies. 1t Is known that the N
o. II. Co. made overturcs to buy the
Canton Akron property last spring.
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12

must depend upon the number of its
patrons. If the Sunday school room of
the Baptist church. small compare
lively, as that room Is, Is well filed
it will enable the club to give even
better things than have been planned
At the small price for which these con
certs are offered, it would seem as If
no one should miss such an opportun
ity.
Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1901-10-12
LEADS sCOTCh NOBLEWOMEN.

London, oct 12.-The Earl and
Countess of Mar and Kellie have gone
to their estates in Scotland to enjoy
the Fall shooting with n number of
distinguished guests.
Lady Mar and Kellic was Lady Su-
san Violet Ashley. daughter of the
eighth Lord Shaftsbury. She will he
one of the conspicuous figures mt the
coronation OF King Edward VII, next
spring, taking precedence OF all Of the
Scotch nobility. Her husband, the
fourteenth Earl of Kellie. is the pre-
micr ylsco,int In Scotland.