davidaulloa/AmericanStories huggingface dataset:
The daily morning journal and courier., 1902-08-22
Eima1rcia1.
 THE STOCK MARKET.
Active Speculative Lfqnidntion.

Active Speculative Liquidation.
 New York, Aug. 21,-Active specula- tive liquidation became manifest in to- days stock market and at the close the selling movement was urgent and somewhat precipitated During the ear- Her part of the day some stand was made against the tendency to depres- sion and a few stocks were pushed up at different times as a sustaining in- fiuence upon the market. But the sell ing to realize elsewhere in the market
 was steadily going on all the time and at the last the liquidation seemed to have proceeded to such an extent that the efforts to support the market were withdrawn and all semblanee of resist ance to the weakness disappeared. The stocks which were notably strong yes- terday and for some time previously started out at declines this morning and showed the largest effect of the selling pressure at the last. Some small gains were retained even at the last in few of the stocks which had risen earlier, but in others the gains were more than wiped out. The upward movement in the Denver & Rio Grande stocks, which developed during the day after a period of quiet, was the most conspicuous, but Denver & Rio Grande closed with a substantial net loss. Louisville & Nash vile was notably weak and fell back at one time 3 points, The advance in Western Union was said to be due to pressure upon the shorts, the demand for the stock in the loan crowd being such as to command premium. With the exception of Texas & Pacific and Ontario & Western, the other demon- strations of strength were in minor rail- road and industrial stocks. The acute weakness of Colorado Fuel, which car ried it down in the late dealings 8 points, was also an unsettling influence upon the whole market. The failure of the speculative operator who has led the advance in the stock to obtain con- trol of the property has resulted in heavy speculative liquidation. There "clS ct iluIdDlt dDS6iCG bL uGuIdIIu at ItlG close even from the professional short interest. which must have been active on the downward course of prices dur ing the day and the closing tone was distinctly weak. Yesterdays professed confidence in the abundance of funds for. speculative purposes was changed to-day. The engagement last night of $100,000 by telegraphic transfer through the sub-treasury to Cincinnati came too late for effect upon the stock mar ket. That shipment was supplemented to-day by another one of $100000 to New Orleans and the fear was awak- ened that the interior movement of cur rency has fairly set in. The sterling exchange market, was also notably firm, refiecting the very heavy short in- terest existing in that market. The disposition to realize was much empha- sized by this development.
 Bonds were quite active and became easy in sympathy with stocks. Total sales par value $2,5S5,000.
 United States new forus and old fours advanced IA per cent. on the last call.
The daily morning journal and courier., 1902-08-22
NEW FORK STOCK MARKET.

0pening, Highest. Lowest Quotatioms On the New York Stock Exchange. reported by Prince & Whitely, Brokers, 15 Center
 street, New Haven.
The daily morning journal and courier., 1902-08-22
gttrat1cia1.

Ninety-seven per cent of the mines in the Tombstone Mining District of Arizona haves been merged into a single Company The Tombstone Consolidated Mines Company, Ltd.,-under the supervision of The Development Company of America.
 These mines have produced from the surface to an average depth of 800 feet over $3o,ooo,ooo. Twenty-four hundred feet of still richer deposits remain to be mined, as demonstrated by the reports of such eminent mining engineers as Prof. John A. Church, Wm. A. Parish, Prof. w. P. Blake and w. F. Staunton.
 We offer, at par, in denomi- nationsp to suit the purchaser, $3,ooo,ooo, of 6 per cent Special Contract Bonds of The Tombstone Consolidated Mines Company, Ltd, accompanied by a like amount of Capital Stock. Bonds are to perfect purchase, equip and further develop the properties.
 The Consolidated Company should earn operating expenses, interest charges, retire the Bonds in four years and pay 4% on the Capital Stock during the retire ment period. Under less favor- able conditions these properties have earned as'high as $25o,ooo, net, per month.
 For full particulars address
 AMERICAN FINANCE AND
 SECURITIES COMPANY,
 I2-2r Park Row, New York.
 or E. R. HANSON,
 New Haven Representative,
 First National Bank Building.
The daily morning journal and courier., 1902-08-22

New Haven. Conn.,, August 8, 1902. M. V. Little &s Co.,, Boston, Mass.
 Dear Sirs:-Mr. William E. Sutton of the Rocksfellow's mine, and myself spent yes terday inspecting the Nancy Gold Mines X Tunnel Co. property and we would say it is one of the best propositions ever of fered here in the East The stock Is worth q great deal more than you are asking for it. We are very jubilant over the, property and do not like to see the stock sold so cheaply; Mir. Schroeder and cannot help being greatly pleased. The above from Mir. E. P. Crooker, for twenty five years a practical miner, who thor oughiy appreciates the company's proper ties. The report speaks for itself and we take pleasure in giving you this valuable information.
 (Signed) E. P. CROOKER.
 ". F. SUTTON.
 New Haven, New York,
 39 Church St., l Madison Ave-,
 Wash. Building. Met. Life Building.
The daily morning journal and courier., 1902-08-22
VISITING FRIENDS HERE.
Caught and Hurt in a Trolley Acci-
 dent.

Caught and Hurt in a Trolley Acci-
 dent
 Jacob Nepel, the jeweler, now of New York, for many years in the :feweIry business in this city, is in town for 8 day or two. He came up here yester- day to meet at Savin Rock his wife and his daughter, Mrs. Jennie Rosenberg, who are stopping for the season at the Sound View hotel near Walnut Beach, Stratford. He boarded a car to go to the Rock and was in it when it collided with another car on Church street, op- posite the free library. He was thrown violently backward and then forward and his eye glasses were smashed and he received severe confusion on the right cheek bone. One of his fore fin- gers was badly gashed and one of his hands was bruised. MT. Nepel had a iewelry store on Church street years ago and afterward conducted business on State street.
The daily morning journal and courier., 1902-08-22
Gilt Edge Investment.

The Ohio and California Refining Oii Company, Marietta, O., owns 35 producing wells in West Va. also 52O00 acres of oil land, sells all it's oil at the wells to the dividends of one per cent a month, or twelve per cent. per annum. T. E. DAVIES. Agent,
 S4S Chapel St., New Haven.
The daily morning journal and courier., 1902-08-22
Govern nient Bonds.
Cotton.

Cotton. Reported over the private wire Of /, L. Me. Lean & Co.,. % Broad street, New York; New Haven office $40 Chapel street, Hu. binger Building. Norman A. Banner, manager.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
COYOTE
SCALP
HUNTER
Makes as High as $500 a
Year Trapping

The following, from the Malheur
Gazette, shows what a good thing the
scalp bounty law is for Eastern Ore
gon trap-hunters.
Jack Marshall, the coyote killer.
came to town today and turned over to
the county clerk 15 coyote scalps, the
result of four days trapping Mr..
Marshall has probably made more
money out of the coyote industry than
any other man in the county. Since
the law went into effect, three years
ago, Mr.. Marshall has cashed about
$50 coyote scalps, thereby increasing
his wealth in the sum of $500 To
capture the willy coyote, Mr.. Marshall
relies almost wholly upon the trap. He
is now trapping about eight miles from
town and uses about 80 steel traps, in
to which he entices the coyote by use
Of a scent, which he manufactures
himself Mr. Marshall says it is no
more trouble for him to trap a coyote
than it is to trap a chipmunk"
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
BINDING
TWINE
HIGHER
Trust is Undoubtedly Putting
on the Screws

The price of Sisal binding twine
starts in this year about two cents
higher than year ago. Minnesota
Sisal prison twine is quoted at 9%
cents. Manila quotations are not at
hand at this writing, but they will
probably show the same relative ad-
vance that is made on Sisal. This ad-
vance does not find any warrant in the
scarcity or advanced price OF raw ma
terial. For, according to the treasury
departments reports of imports for the
years 1901, the value of Manila and
Sisal fibre was higher the first year
than the last, and the quantity import
ed larger the last year than the first
The imports of Sisal in 1900 we're 76,-
329 tons, valued at $11,237612, or $147
a ton. In 1901 the respective amounts
were. 79,469 tons; $S,s35,766; $11 a
ton. OF Manila the figures for 1900
are: 1920 tons, $1S3 a ton; and for
1901, 81, 1855 tons, s157 a ton. That the
larger supply Of raw material at a low.
er price should be followed by a high.
er priced product cannot be readily ac-
counted for upon any hypothesis, ex-
cept that of trust influence. The deal.
er above quoted attributes the in.
creased price of the binding twine to
natural causes rather to the influence
or operation of any trust. He said he
was not informed as to whether or not
the production of binding twine was
controlled by a trust.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Flax Seed Crop a Failure.

Il. c. Smith-Practically no fax will
be sown this season by valley farmers
Last years crop was a partial failure
and those who were unsuccessful IN
their venture are discouraged Dry
weather came at a critical time and
dwarfed the grain The grain filled
well, but was too short to cut. II. A.
Howe, of Creswell; NJ. Harlow, of
Springfield, and NJ. NJ Gillespie, of
Mckenzie, planted in good season and
we're rewarded by large yields. The
seed raised was first-class, so said
Manager Simpson, of the Portland
Linseed Oil Works; even better than
that produced by Idaho growers, as II
yielded a large percentage of oil Last
year contracted with growers on a
basis of 80 cents per cents per bushel.
Prices had appreciated so greatly at
the time of delivery that we ignored
the contracts and paid 81 bushel. Pros
poets this season are that the market
will reach S1.25. Manager Simpson
says he can't rely on Oregon farmers.
He has tried faithfully TO encourage
flax.raising in the valley but hence
forth will devote himself to the pro
motion of the industry in Idaho, where
the cereal is raised on large scale.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

A prominent hop firm doing bust
ness on the Pacific coast writes as fol
lows: The hop situation in this coun.
try has reached a stage of strength
not equalled for many years past thus
early in the season. It is eight years
since the present ruling price of 12hc
for contract hops was paid at this sea.
son, and that year the value of good
hops on the market never fell below
10 cents when the product was in the
bale. It is a self-evident fact that the
hop buyers doing business in this
country would not be free and even
anxious buyers of the growing crop at
1914 in March and April, running
chances on quality. quantity and the
numerous other risks that buying a
growing crop entails, unless the situa-
tion was statistlcally on an exception.
ally firm basis This it undoubtedly
is
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

No Constitutional Convention Wanted.
A constitutional convention and a
new constitution is one Of the most
costly events in the life of a state.
This is not only because of the agita-
tion and disturbance of business, but
also because OF the complete changes
commonly made in the organic law,
and the destruction of a large part Of
the state laws settled by the courts.
II the people understood that in prac.
tice It is not possible to amend the
constitution of Oregon 1t will be i'm
possible to long escape constitutions
al convention. Therefore II Is very
important and that every man who
does not want the dangers and agita-
ton of such a convention should not
only vote but work for the adoption Of
the proposed initiative and referendum
amendment.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Local News items.

Glenn Richardson, aged 19 years, a
feeble-minded child, was received al
the asylum today from Douglas coun
ty.
Wallowa county today made a half
payment on her state taxes. The
amount received was S335S.
Governor Geer today received let
ter from Irwin Mahon. secretary of
the International Mining Congress, re-
questlng the appointment of 30 dele
gates from Oregon to attend the fifth
annual session of the International
Mining Congress, which will be con-
vened at Butte, Montana, on Septem-
Der 1, 1902. Governor Geer has not
yet announced the delegates.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

Through personally conducted tour
lot sleeping cars between Portland and
Chicago once a week. and between Og-
den and Chicago three times a week.
via the Scenic line.
Through Standard sleeping cars
daily between ogden and Chicago, via
the Scenic line.
Through Standard sleeping cars
daily between Colorado Springs and
st. Louis.
Through Standard and tourist sleep
Ing cars daily between San francisco
and Chicago. via Los Angeles and El
PaEO
Through standard sleeping cars and
chair cars daily between s. Paul and
Chicago.
BE sure that your ticket reads Via
the Great Rock Island Route.
The best and most reasonable din.
ing car service.
For rates. folders and descriptive lit
sraturs write 10 A. 4. COOPER.
Oshsral AEsnt. Portland. Or
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Argument for Direct LealsIatlon

Ni1hNVNNA lNN ClENGA GNHloldNlbIs
The initiative means that the peo.
pie shall be able to initiate or begin
legislation The referendum gives
the people the power to veto any law
which is passed by any legislative
body The petition of FIVE per cent.
of the voters for a new law is called
the initiative. The vote of the citi-
zens on the law is called the refer.
endum. It does not require that
every law shall be submitted to the
people, but only those petitioned for.
Direct legislation does not mean
to abolish government representa-
tives or officials. II simply gives the
voters control over them It makes
them servants of the people, instead
of masters. They are not given un.
limited power, as at present.
The initiative and referendum
would not necessarily need to be of
ten used, as the fact that they could
be used at any time would be suf-
fcient TO prevent bad legislation
The number of laws Of general
nature are usually very limited, and
only such are likely to be considered
by the people.
The principle OF direct legislation
is not new or untried. The principle
is found in our Declaration of lnde-
pendence, which says all human gov.
ernment should be "by the consent
of the governed" The principle and
system have also been practiced for
several years, and with great success,
in the famous New England town
meetings.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
A Mixed SHOOTING Affrax.

Baker City, Or, May 27.--while sew
eral miners and negroes were stealing
a ride from Huntington in a boxcar
last night robbery of the miners was
attempted by the negroes, the negroes
thinking they had money. One miner
shot two negroes, Frank Moore and
one other, unknown Nelson a miner,
was shot by a negro and badly
wounded.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

Naples, May 27.-The German
steamer Koenig landed here today
with twenty survivors of the British
steamer Naorata, which foundered in
the Indian ocean during a,cyclone re
Gently Eighty-nine of the Namorta's
crew and 65 passengers, mostly Indi
ans, were drowned.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Reduced Rates via Southern Pacific

Reduced Rates via Southern Pacific.
The Southern Pacific will make
special rates to San Francisco on the
occasion Of the convention of the
Mobiles of the Mystic Shrine, at that
point in June.
Tickets will be on sale from June
Sd to sth, inclusive. and will be avail
able for stop-overs In California. Full
information relative to rates, limits
and other conditions will be cheer
fully supplied by all local agents Of
the Southern Pacific. 23-eod-td
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
People Auain Alarmed.

Fort de France, May 27.--Another
eruption of Mt. Pelee began last night
People became alarmed ard again
were moved to the verge of a panic
Great black clouds hover over the vol.
cano, on which can be seen occasional
flashes of fire.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Triple Murderer Hanged.

Philadelphia, Pa, May 27.-Wm.
Lane, who a few weeks ago murdered
Ella Garden and her two children, was
hanged here this morning. Lane com
mitted the murders because Mrs Car
den, by whom he was employed, had
secured a warrant for his arrest on a
charge of theft.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

HOP Market.
Hops-l &c very scarce
Liverpool, Dec. 8 Hops at London
Pacific Coast steady advancing S2c@s5s
Flour.
Flout-S2 70@f3 Dbl.
Potatoes Apples. Etc.
Potatoes-60@75c
Onions, Sl.75 10 81 25 per 100 lbs.
Dried Fruits.
Dried apples--6l4@6I5
Italian prunes 40s 10 6Os-3R TO so
Petite Prunes 4os to 5Os,-36 @4c.
Wood Pence Posts. Etc.
Big fr-SS60.
Second growth-t3 90.
Ash So so.
Body oak-f4 90.
Pole oak-S4 90.
Cedar posts- 8 10 l0c.
Balm wood-s2 90 aud 50 CO.
Eggs aud Poultry.
Hlsss, Psns sndFun
Green hides, No. l-7r.
Green hides, No 2-bc
Cali skins-4@5c.
Sheep-76c.
Goat skins-25c TO tl.C0.
Gray iox-26 to Soc.
COon--l0 TO 40o.
Mink-26c 10 sl.26.
Otter 81 10 %.
skunk-lO 10 2bcg
Muskrat--l 10 Sc.
Wlidcat-i0 TO 26c.
Wheat. Oats. EN
Wheat -58c,
OatB-3ic
Barley-fl0 per ton.
Flax-Cash, Northwest, VI 90
Live Stock Market.
Steers-4@4J6c.
COWh-3k @4c.
Sheep s3.60gross 20 81 90
Dressed yeal-6ke
Hogs, aliye-bls 51ke
HOgs, dTsssed-hl6
Wool and mOhGlr,
Coarse WOOL l2c.
Medium-l3c.
Fine--l3c.
MohaiI-2316e.
Hay. Feed. Ee.
Oats-t .0S and tl.lO.
Baled cheat--t6 10 $3.50.
Clover-t7.O0@7.E0
Feed barley-sl9@t2O per ton
Bran-flS 30
shorts-f2) so
Flour, wholesale-s2. 90.
Dairy ana Creamery PrOdUeis.
Dairy butter-l21l "a l6c.
Creamery-l7H
Store -ibm 26c.
First-elaEs country, per roll-3bc.
Cream at creamery, pan skimmed-
l3dl4c.
Separator skimmed-l69l6
Sfeiasrs Markst.
Chicksns--Sa Sa9c.
Spring i216 10 l6c
Eggs per dozen. l3c.
PORTLAND MARKET.
PORTLAND, May 28-- Whvai Waut
Walla, % q 661<
FLOUR Portland, best grades t2.B5@
t3. 40. Graham t2.bO@t2 80
Oats-- Choice White Z .25c q tl.D.
Barley go q t22 90 peTton.
Millstufi-Bran, tib@tl6.
Hay TimOthy-fl2@tib per ton.
OniOns-f2.25 az 70.
PotatOss-l " q tl 80 per eental.
Buttsr-Beat dairy, i4@ i6c; iane '
creamery ,l79l8Ae store 10 q l21k a
Eggs-OreROn, ranch 10 g 10
POultry-Chiekens, mixed $3.50 q
e5 90; hens IS 80, turkeys, live rs @i4c
MuttOn-6rOes. 41lc
HOgs-6r0ss SIC.
B6ai-(3rOss 4xc.
Veal-Gross, 71Ec q se D..
HOps-l2 Xc@ l5c.
Wool-Vallsy, ~ g l4eh Eastern
Oregon, 6@i2e ihOhaiT, 15@26ch,
Hides--Dfy hides, 10 pounds and up
wards. I6c 4 iBI<
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
MAYORS Son indicted.

st. Louis, Mo, May 27.-Fred Zieg
enhelm, the son of ex-Mayor Ziegen'
helm. was indicted by the grand jury
today for bribery and extortion in Of
fee. lie was his fathers private sec.
retary during the latter's incumbency
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
DEMOCRATIC COUNTY TICKET.

'or Joint Senator Marion and Lin
Counties.
JOHN A JEFFREY, OF Salem.
State Senators.
l.. II. McMAHAN, Salem.
J. B. DIMMICK, Hubbard.
Representatives.
w. T. SLATER, Salem.
FRED ROCK, stayton.
LOUIS SAVAGE, Salem.
S. ToMLINSoN, woodburn.
|. w. BERRY, Salem.
Sheriff.
h. b. GOLIATH, Salem.
Clerk.
A. NJ. DALRYMPLE, Salem.
Recorder.
]. A. sELLwooD, Salem.
Treasurer.
DAVID BACK, Mt. Angel.
For County Commissioner.
w. w. JOHNS, Salem.
Surveyor.
a. WHITLOCK, Silverton,
Assessor.
j. d. sKIRVIN. Scots Mills.
(Salem Dlstrict,)
Justice Of the Peace.
j. O'DONALD.
Constable.
JOHN II. LEWIS.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
Farm House Burned.

The farm residence of Charles lie
Brun, near St. Louis, this county, was
burned to the ground at an early hour
Monday morning. Loss, $1,000.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
COUNTY REPUBLICAN TICKET.

COON hEfObLlSAN llCNE
Joint Senator for Marion and Linz
Counties.
w. II. HoBSoN, of Stayton.
State Senator.
h. M. CROISAN, OF Salem.
SQUIRE FARRAR, Of Salem.
Representatives.
FRANK DAVEY, OF Salem.
E. T. JUDD, of Aumsville.
THOS. b. KAY, OF Salem.
A. M. LAFOLLETT, OF Brooks.
j. D. SIMMONS, OF Monitor.
Sheriff.
JOHN F. sTEIwER, of Jefferson.
Clerk.
JOHN w. ROLAND, OF Salem.
Recorder.
JOHN G. sIEGMUND,, Of Gervais.
Treasurer.
w. Y. RICHARDSON, of Stayton.
Commissioner.
WIN. MILEY, OF Aurora.
Assessor.
CHARLES LEMBCKE, OF Butteville.
Surveyor.
BYRON B. HERRICS, Jr., of Turner.
Cororer.
A. M. CLoUGH, OF Salem.
Justice of the Peace.
(Salem Dlstrlct)
E. n. HORGAN, OF Salem No. 1.
Constable.
GEORGE II. IRWIN, OF Salem No. 2,
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
STATE TICKET.

Governor.
GEO. E. CHAMBERLAIN, of Multno.
nah County.
Supreme Judge.
r. S, BEAN, of Lane Couaty
Secretary of State.
F. |. DUNBAR, Of Clatsop Comfy
State Treasurer.
G. s. MOORE, of klamath County.
Superintendent Of Public Instruction.
]. II. ACKERMAN, of Multnomah
County.
Attorney.General
A. NJ. CRAWFORD, of Douglas County
State Printer.
JAS. f. GODFREY, of Marion County.
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28

Socialist County Ticket
For Joint Senator Marion and Lin
Counties.
G. +. hARNISH. Albany
State Senators.
GEORGE l.. BROWN, Stayton.
j. H. HUNT, Rosedale.
Representatives
J. y. MURPHY, Fair Grounds.
r. j. MCLAREY. Niaraga.
n. Y. MCLELLAND. Pratum,
r. J. CLARK. Salem.
A. NJ. BLINSTON. Rosedale.
Sheriff.
VIM. WICKE, Salem.
Clerk.
j. H. MACK, WoOdburn.
Recorder.
r. j. KRESS. SALEM
Treasurer
q r.. SHERWOOD, Salem.
County Commissioner
-. WEISNER, Howell Prairie.
Surveyor.
o. @. HUTCHlNS. Salem.
Assessor
GEO. b. JACOBS. North Salem.
Justice OF the Peace.
H. B. MUNSON. Salem.
Constable.
J. A. ROBERTS. North Salem
The daily journal. (Salem, Or.) 1899-1903, 1902-05-28
SOCIALIST STATE TICKET.

For Governor.
II. X. RYAN, OF Marion County
For Secretary OF State.
G. w. BARZEE. Of Wasco County.
For Treasurer.
w. w. MYERS, OF Clackamas County
OF Public Instruction
G. p. RUTHERFORD, OF Harnel
County.
For Attorney-General.
For State Printer.
]. H. HOsSMER, OF Silyerton.
For Congressman First District.
Il. +. RAP, OF Douglas County.
For Congressman Second District.
ID. II. GERDES. OF Olatsop County