davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1902-10-26
STOCKS -DAYS NEWS OF WORLDS MARKETS FINANCE

of American finance bills could moi nov
! be placed here. and gold exports fron
| New York be thus averted. IL is. how
ever. doubtful If apy large line of sucl
| bills could be Placed now, especiall,
when the COURSE of events has made th
| pretext of covering later through you
grain shipments less plausible. 1t I.
| noteworthy that careful discrimination
is still exercised here regarding tn,
names on the bills.
Gold shipments from your market &
Paris are expected by our bankers, bu
the amount shipped will probably bt
small. 1t is estimated that, very lately
20 per cent of the French capital EN-
ployed in foreign bills had been placed Il
American drafts. This total, however
has been greatly reduced during the pasi
fortnight Within the same period
French balances in London have beer
declining, though their amount is still
large.
The chief contributing causes to the
rise in Paris discounts, which has in
fluenced this recall of French capital
are the heavy Bourse speculations In
Spanish bonds and the extensive opera
tions of French syndicate to control
Spanish exchange.
AT the same time, Italian conversion
plans have caused France to ship gold to
Italy. There has been witnessed, also,
continuance of the Withdrawals from
French savings banks-popularly as
cribed to political uneasiness That this
is not tritling matter is shown by the
fact that. as against e2,00O,000 in all
withdrawn from these banks since the
beginning of the year, half a million
sterling has been taken out in the past
fortnight.
Recognition of this French position.
and of the fact that France is still n
large holder of British consols, has been
partly cause of the measures taken
by the Bank of England to control the
money market. In the same connection,
may add that the effect on the Lon
don money market of the postponement
OF the Transvaal loan flotation will prob
ably be neutralized by a further issue
of Treasury bills
There is marked slackening. of late,
In American orders placed in this coun-
try for iron and steel.
One of the features of the weeks mar
ket is the flatness of German shipping
securities. notably shares of the Ham
burg American and North German Lloyd
Following are this weeks last Lon
don prices of important government.
railway, and miscellaneous securities.
compared with the prices for the same
securities at last weeks close and for
I no dot in,
The Washington times., 1902-10-26
Government Bonds.
MONEY AND EXCHANGE.

NEW YORK, Oct. 25.-Money on call
nominal at 21a per cent.
Time money, during the week. was Of
fered by brokers with some freedom, bul
at rates which proved unattractiye %
borrowers. In many instances business
of considerable size, however, was trans
acted. The sudden fall in the price of
call" money Friday afternoon, Of
course. occurred too late in the week
to influence the rates on time loans.
Rates 6 per cent for all dates.
Mercantile paper. this week, was quiet
in the aggregate, sales being practically
confined to out-of-town trade. The
merchants could now use money at what
they consider reasonable rates. but are
not sufficiently in need of accommoda-
tion to care for large amount of money
at the present prices. The amount of
paper was therefore somewhat restrict
ed. Rates per cent for indorsed bills
receivable and highest grade single
names; 612G7 per cent for others not so
well known.
New York clearingh house exchanges
today were s272.14s.517; balances, s14.-
S65, ,S15; United States Treasury's debit
balance, $663,170. Total New York
clearings for the week were 81 ,607, ,249,-
424, against s1,721, ,164, ,799 last week, and
81, 702. .293, 1875 in the week ending Octo-
Der IL. The largest clearings for the
year to date were 81 ,925, ,350. .246, in the
week ending April 26; the smallest, ST.
O15,012, $3.50, in the week ending May 81
The largest clearings of last year were
those of May IL week, s2,S53. .0s5, 1886,
which broke all records. The present
weeks New York clearings compare as
follows with the same period in pre-
yipttc
The Washington times., 1902-10-26

small lot OF yellow sold by sample at 6Oc
Cob corn was firm at $3.50 per bbl fol
Prime new yellow on spot in carloac
lots.
Western corn was dull and steady
Year was 49a4 a soc; January lSls@tS&c
and February 471sGi7&c. but there was
not much trade passing in any of these
options. November, new or old, was
nominal at 531kc. Demand was very
quiet, while not much corn was for sale
Private cables fiat. Western advices
without feature, though steady in price.
Market closed steady. November thew
or old, 54c bid; January. 4S1ac bid, iSHc
asked; February. 471sc bid. 472.c asked;
year, 492i c bid.
The Washington times., 1902-10-26

to market Cash demand was good. For
eign markets were easier. in sympathy
with our decline of yesterday Liverpool
closed AM I'D lower for the day.
There was only moderate trade in
oats today. The market ruled steady TO
firm being Influenced chiefly by the action
of corn. Country offerings were moder-
ate. Cash demand quiet. There was no
special feature TO the market
Provisions opened very weak on larger
receipts of hogs and heavy break at the
yards. There was considerable liquida-
tion by outside holders, but the closing
strength in grain helped rally the mar
ket. and the close was irregular, but
stronger.
The feature of trade today was the
selling by leading packer of January
pork and ribs There was support from
another quarter of January lard and an
advance in November. There was weak
ness in October pork.
Te days quotation sare:
The Washington times., 1902-10-26
LONDON MARKET LETTER.

LONDON, Get. 25.-The London stock
exchange was closed today, and there
were no cuotttions
There is M doubt that your markets s
financial Obligations in Europe have
been much reduced by the recent re-
mittances rom New York. This fact has
raised the question whether another line
The Washington times., 1902-10-26
Washington Grain Market.
COTTON MARKET.

NEW YORK, Oct. 25.-Prices were a
little stronger for cotton today owing TO
lighI receipts at the ports. small esti-
mate for Houston Monday. and a light
local and Wall Street buying, but toward
the close there was some reaction on
realizing. Some of the longs did not like
the continued bright weather, and the
sluggishness of the speculation today.
The general attitude of the trade is a
waiting one.
Official quotations.
The Washington times., 1902-10-26

Foreign exchange-Sterling exchange
was dull and nominal today with rates
unchanged.
Rates for actual business were as fol-
lows: Sixty days. 4.S3i2; demand, 1861;
cables, 4.S7. Commercial bills were
4.S21k@t S3A.
Continental bills were quoted as fol-
lows: Francs, 51S2. less 1-16 and 5.l6h
less Lie; reichsmarks. 945s and 95 3-1G
less 1-32; guilders, SO 1916 and 4O1k.
Following are the posted rates of the
leading drawers OF foreign exchange:
The Washington times., 1902-10-26

Sales-Traction, 15d126A; Am. Sc
curity and Trust. 1OG217, 1O@2167s. 1O@
216A; Real Estate Title, 1Oa94, 1OG9l;
Mergenthaler, 5d1S7k, 5d1s7s, 1OG
1878, 10@1S71s, 1G1STA; Greene Copper.
l00923b tbuyer, 9O), 10Od23 tbuyer.
60), 100d22as tseller. 6O). After call
Traction. 5d1271s, 4 per cents, s5O0a
1918; Col. r. R. per cents, s5oedD
1864, s500d106as.
The Washington times., 1902-10-26

Total amount Of United States depos-
its reported, si0.U5. 400, an increase ever
last week Of s105400
In the current week of 1901 cash hold
ings increased s,532 500, loans increased
s752 800.
In 1900 cash holdings increased 81
23,s00; loans decreased 81 AGA, 600; sur
plus reserve inqeased s3,0S4,125.
In 1899 cash holdings decreased $751;
600; loans deceased si.766 ,90o surplus
reserve increased 81 .597 .450.
The Washington times., 1902-10-26
PRIVATE LOANS
LOANS OF $40

AND UPWARD on FURNITURE AND PIANOS.
az lowest rates and en- the day you Apply. We
are loaning on the Building and Loan Asso-
ciation ;.s6n, which makes the cost of carry
ing loans much less than You pay elsewhere
and allows you to paw il off in any sized notes
YOU desire. running from one 10 twelve months
il YOU have a loan with some other company
we will pay ii off and advance you more money
i; desired Rates cheerfuly given, and no cost
to YOU unless loan is made. Call and get rates
Front room, first floor
NATIONAL MORTGAGE LOAN CO..
Gal Z ST \ W.
The Washington times., 1902-10-26
The New York Quotations.

NEW YORK, Oct. 24-The following
quotations were recorded on the Pro-
duce Exchange today:
The Washington times., 1902-10-26

The weeks averages of the New York
banks compare as follows with the same
date one and two years sgr:
The Washington times., 1902-10-26
Continued Advance in Colo
RADIO Fuel and Iron Only
Noteworthy Ripplesof Ac-
tivity in General Quiet
of Trading.

NEW YORK, Oct. 25.-Trading in the
security market today was of the same
apathetic character as on days imme-
diately preceding. and was apparently
governed solely by consideration OF the
weekly bank statement. AS all events
conspired to meke the statement an ex-
cepticnally good one, and as these facts
were we'll understood, the market was
strong in the first hour and a half of
business.
The compromise agreement reached by
the tin plate workers and their employ
ers, resulting in a small reduction of
wages for the employees because of a
large contract taken at low prices to
meet foreign competition by the tin
plate mills, removed fear of another la
Dor difficulty.
The Washington times., 1902-10-26
STOCKS DULL DESPITE
GOOD BANK STATEMENT
Market Strong in Opening
Hour, But Soon After Falls
Into Apathy-SurplusR Re-
serve Increases OvenS12,-
100000.

Compromise Agteement
Reached by Tin Plate
Workers and Their En-
pJoyes Removes Removes
Fear of Another Difficulty.
The Washington times., 1902-10-26
Prices Weakened.

Prices weakened in the half hour fol-
lowing the publication of the bank state
ment. and the market closed dri; and
heavy.
There were renewed stories OF labor
troubles on the Southern Pacific and
other Western railroads. While these
stories lack authority and are due to de-
mands of railroad employees for higher
wages that are to be presented in fu-
ture, the financial community is inclined
TO credit them TO the extent of assum-
ing conservative attitude until it is
seen what basis for them exists.
Since the settlement OF the strike in
the anthracite region observers of finan-
cial and social conditions have no; been
greatly enthusiastic over the labor situ-
Rtion.
The Washington times., 1902-10-26
BANK STATEMENT.

NEW YORK, Oct. 25.- Changes for the
week shown by today's reluras OF the
New York Associated Banks were as
fOllnwS
The Washington times., 1902-10-26
Holders Reducing Lines.

After momentary upward spurt in
prices, selling orders appeared through
out the list. which, while they were in
no such number as witnessed last week,
were yet sufficient TO justify the idea
that large speculative holders Of stock
are seeking to reduce their lines when
ever opportunity presents.
The bank statements so far this sea-
son have strictly followed precedent
The cash reserves of the banks ordinar-
lily dwindle during the last part of Au-
gust and through September. rise again
rapidly in October, and fall again in No
vember and December. 1t will b., inter-
esting to see if these precedents are
further followed this year
The Washington times., 1902-10-26
Colorado Fuel and Iron Active.

Colorado Fuel and Iron continued its
advance, and various rumors are cur
rent concerning the property. The story
was yesterday that the Gates party, aid
ed by Gould assistance, had beaten MIR.
osgood in the struggle for the possession
of the company.
matter is that certain railroad compa-
nies; namely, the Colorado Southern;
Union Pacific, and Denver and Rio
Grande, have acquired considerable
quantity of the Colorado Fuel stock, and
that, with the Osgood interests, who are
now in control, they will appear as the
final controlling interest in the company
at the election in December.
The Washington times., 1902-10-26
lie current date in 1901:
WASHINGTON STOCK MARKET.

Paris Bourse price.
The Washington times., 1902-10-26
Bank Statement Expected.

The bank statement proved about as
expected. There was an increase slight
ly over sl2 1000. 900 in the surplus reserve,
as calculated by the old and new meth
ods. Loans unexpectedly increased. how
ever, s5,52e,S00 and cash increased lit
diceted.
The surplus reserve of the clearing
house institutions now stands at s17,-
ISL, AS, upon the basis established by
the clearing house committee for the
maintenance of compulsory reserve of
25 per cent against all deposits, Govern
ment money included
The Washington times., 1902-10-26
RAILROAD BONDS

Wash. Gas Co., ser 4, 6's 1927. llJ
Wash. Gas Co., ser B, 6's 190l-27. 10
U. S. Elec. Light. Deb Imp. 1902 IU7
I. S. Elec. Light. Cert. Indebt... i04x
Wash. Market Co., LIST 6's, 1892
1911, z. DSH
The Washington times., 1902-10-26
Only Ripple of Activity.

So far as the street is concerned the
NOV ,ment of Colorado Fuel and Iron is
only noteworthy as a little ripple of ac-
tivity in dull market. Pool manipula-
tion was resumed in Texas and Pacific.
and to less extent in the issues allied
to it.
The report of imports Of merchandise
for the week showed no cessation in the
volume of our buying abroad. The state
ments of weekly railroad earnings were
somewhat irregular. Chesapeake and
Ohio, Missouri, Kansas and Texas. and
Texas and Pacific showing decreases, and
Canadian Pacific and Norfolk and West
ern increases
The Washington times., 1902-10-26
Money Leaned Salaried People,

WUuey LodHtu OdIaI!tu FtUPIe,
Retail merchants. teamstera boarding houses.
without security; largest business IN ~ prin.
F, oipal cities. TOi.MAN. Room l0l. 633 18th 81.
nv. m14u
Graham guardian., 1902-02-14
Morpheus. Passing on to
PHENIX,

we jump the congenial, irrepressi.
BILE and irresistible Curt Miller in
the gray dawn on the platform at
Tempe. Curt speaks for himself
when he isn't speaking for some
one else. Good luck to the Tempe
NeuS and its dandy editor.
| Ph@nix is still there, the crown
ed queen of the Territory, but she
seemed to be worried the day
was there. She had not bad a
wash day for six months, though
she had had her tubs out all that
time, and her skirts were becoming
decidedly dusty. By this time no
doubt, she has appeared in that
gracious and self satisfied smile
born Of a consciousness that her
trosseau has been daintily renovat-
ed by the magnificent rains of
January 1902.
The absence of rain and the
slump in copper was exercising a
decidedly depressing effect on
Phoenix at that time, but the re-
cent fall Of one and rise Of the
other has doubtless caused the
enthusiasm of her citizens to bios
som like spring simlone on a loan
dump in the desert. ] always
loved Phgnix since the days when
old Mr.. Peoples would light his
pipe and tell the gaping tenderfoot
about the romance Of Rich Hill and
Tia" Cncl& Ben uinr, since Inc days
why& ca! PGslcn rglaty d ST rns
tj;.j an ostrich could not swallow,
ANA detailed other facts that he
knew not OF, and since the days
when modest brick house was
looked upon with contempt by the
forest of 'dobes about it. In its
season it is as nearly my idea of a
heavenly climate as can be con-
ceived. l can no more keep out
Of Phenix than a barefoot boy can
keep out of a mud puddle.
The Capitol is a credit to the
Territory. The only fault l could
find with it is the pale goddess on
the dome, who wanting to fly
away all the time with her big toe
in steel trap and reminds me of
Fitz Green Hallick's lines:
Upon our city hall Goddess stands,
neater form was never made of board,
Holding majcstically in her hands,
pair of Steelyards and wooden sword
Looking down with complaisant civility,
ETnblan of power and durability"
Phe Goddess on the dome, how.
ever, has her good qualities, as she
never kicks for seal skin and
stays right in her place and attends
to her own business, which seems
to be looking for wild bees.
| took in the newspaper offices
till II p. ~, when thoy began to
take me in, and I had no objections
, to being taken in. The Democrat,
propelled by Brer Robinson, is the
natural asylum for all wandering
quill drivers. They treat one with
such old-fasbioned kindness that
you naturally expect them to shove
out a plate ofpumpkin pie. There
we found Fred Webb Of the Matt
and Bullion whom we will have
occasion to mention under anoth
er head. Col. McCord and Bdito$
Shelton make you welcome at tie
Gazette Office, and John Dunbar's
sRiqing visage appears at every
corner. The Enterprise free arc
2 .s1geq6Gi2
Graham guardian., 1902-02-14

Makes a "Trip OF the Territory and Give
His Impressions.
EDITOR GUARDIAN:-By the grace
Of God and the generous dispensa
ton Of the respective railroads
over the Territory. which las
named anenity | consider far more
potential than the. former, ! have
been enabled to obtain a substan
tial glimpse Of the New Arlzons
during the last two weeks.
| had the pleasure ofvisiting OLD
haunts, and | find that where the
stealthly coyote sent up his weird
howl, and the aroma Of bacon Went
up from the prospsctor's pan IL
years ago, the whistle of the iron
horse now rings across the desert
and beautiful towns have sprung
up as if by magic.
Leaving Globe is compare,
lively easy matter if you wake al
the proper time with correct ere.
dentials in your hat. There is
some bad landscape between Globe
and Bowie, for 90 miles in a stretch
there is not tree large enough to
hang a bandana on much less a
horse thief. That accounts for our
being single-there you see |
can't keep out of the pawspaper
habit--two years ago raked all
my Jack rabbit scalps together,
got ny bounty from Ii. board Of
supervisors an. ,,nt + /. my best
girl il Arkansas, Sc hsL vowed
that she would Wade through per.
dition for the privilege Of once
mere being folded in my devoted
tentacles, and she must liaye meant
it for she started. She came across
the staked plains, alkali wastes
and Malpai deserts without finch
ing, but when she struck the reser-
vation she pulled the bell cord on
me, walked back to Geronimo, took
the next train East and | am left
homeless, loveless and buttonless.
As to the fertile sections of the
Gila valley extending from Pima
to Solomonville, | have long since
exhausted my meagre vocabulary
in the VAIN attempt to do it justice,
and can only repeat that it is the
garden spot of the Territory.
Bowie had a big rush on her the
day | was there rs a wild engine
went through town about GQ miles
per hour, otherwise the cemetery
was the iveliest place in the
settlement
As we board the S. P our sor,
rowing friends begin to sing the
pathetic goodbye song, entitled,
Il Don't Care If You Never CONG
Backh and by the time It's soul
melting strains cease to ring
throughout the labyrinths of our
soul we are in Maricopa Now
Maricopa is a hon. l got on the
sleeper which stands on the siding
from 8 p. m. to 4 a. m, then runs
to Phoenix, but it was packed with
lungers who hiccoughed, and
cougbed and howled and expector-
ated chunks of pulmonary tissue
through the transom over my head,
till / crawled out exhausted fQl
sleep and went over to Perry Will
liams whereI qhaipeh Q, delight
full three hours. Interview will
Graham guardian., 1902-02-14
SANTA FE ROUTE.

Daily sleeping cars from Dem
ing to Denver, Kansas City and
Chicago.
Leaves Deming 500 p. m. Ar
rives Dem,ng I a. m. Agent San
ia Fe Route, Demlng, will make
reservations. 4ksM
Graham guardian., 1902-02-14
Fine Land For Sale.

We have Just secured large
tract of land to sell at prices and
terms the most liberal ever offered
in the Gila valley. Water rights
With the land. Title perfect. Land
lies on the south side of the Gila
river opposite the Indian Hot
Springs. Land to be sold in tracts
to suit purchaser. No money
down the first year.
Inquire for further particulars
of BUss & BIRDNo, Stafford,
or Louis VoELoKEL, Thomas.
Graham guardian., 1902-02-14
FrT7

Rub gentlr % k.cc at night
when moistened. thospure oil soaps
Eudora. Wash IN the morning
an d soon NOM 6omplexion. Sill
sell ~easona ele Mylor Cyclone
Mercan ..ile do. 6atFord; Claredge
a. Hant ',"batchtr. 80-3m.
Graham guardian., 1902-02-14

Look out Tor ~ bargs,p count
er {. Il LaysOns Atsssi B Co.'s. ts
Graham guardian., 1902-02-14
ARIZONA AS SHE IS.

An Old Newspaper Man and an Old Timer
Makes a Trip of the Territory and Gives
His Impressions.
Graham guardian., 1902-02-14

Tucson, which when we were
boys, studying geography in the
East, was the only dot on the map
of Arizona, and we pronounced it
"Tuckson." Tucson has perhaps
the largest population of any city
in Arizona. 1t is, strongly, :cds'
mop litah, the Mexican population
The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1902-02-26
-Unsatisfaetory.

The business Of many Of the manufacturing
companies has been seriously affected lately
For instance: The price OF the products oil
many cotton mills is below a fair price. In
Augusta nearly all the operatives have Joined
aunlon, preparatory TO a strike, which will
probably be called for the 18th of March, II
their demand for an increase OF ten per cent.
In their wages is denied.
We have no doubt that an increase OF wages
10 needed by the operatives. but we doubt the
ability Of many mills TO pay the increase. II
the operatives in Augusta should attempt to
force the issue with their employers, and II
tho mills should be stopped, great suffering
may follow. The mills may shut down. And
they would no doubt do 30 If the stockholders
were consulted. When the owners of mill
property are forced to run their wheels at a
loss, somebody will be hurt, and when they
are forced to let them stand q still greater
number OF people will suffer.
We know OF no mills just now which could
well sfford an increase Of ten per cent. in the
pay OF Its operatives. And II the woods were
full Of such lucky mills, the demand OF the
union should not be yielded to, except in cases
where the officers are incapable OF running
the plant,
We believe 1t is now customary In making
contracts for manufactured goods TO put in
such contracts provision freeing corpora.
tons from liability for failure TO perform on
account Of the act Of the strikers. In all cases
where corporations which employ union labor
such provision should be inserted. No man
can tell what union labor might do II their
employers were between the upper and neither
millstones.
The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1902-02-26
GRAND JURY PRESENTMENT
February Term, 1902.

To his Honor the Presiding Judge we bee
leave TO make the following presentmen ent;
We have acted upon all bills handed US by
the Solicitor.
We have. by com mmittee. examined the jail
We found that the Sheriff was In the midst
of giving this building thorough white
washing and cleansing. Our last Grand Jury
made certain recommendations looking to
the i'm provement Of the jail. These improve
ments have been made costing several hun.
dred dollars. We think the money has been
we'll expended. We found the jail to be al
most entirely without arrangement for heat
Ing the buildlng-a few stoves scattered over
the building. We don't think the Jail can be
we'll heated by this method, and would ur
gently recommend some other means be
adopted for this purpose and that at once.
4 committee of our body visited the poor
house and found everything out there In good
condition. the inmates we'll cared for and per
fectly satisfied.
We understand the houses are not ins ured
we think this poor policy. and would recon-
mend that the buildings be insured for q
reasonable amount.
Thanking the Office rs of the court for cour'
tesies extended,
Respectfully,
]. +. MILLER, Foreman.