davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22

prices slightly below last night for the
most part. The bank statement showed
gain in cash of less than a million,
while the estimates had been for nearly
three millions. The deposit liabilities
were increased by loan expansion of
nearly eight millions. The net result
was an encroachment upon the surplus
reserve of 81, 144 100. On the eve of prep
aration for the July settlements, the
showing was considered disquieting, es-
pecialIy in view of the continued firm
ness of foreign exchange.
The market for bonds has been quite
active but rather spotty and irregular
United States rs advanced Is, the as
and old As, registered, u and the old
As, coupons, as per cent. The new As
declined Il per cent as compared with
last weeks closing call.
The total sales of stocks today were
161 500 shares. including the following:
Missouri Pacific $4,000; Reading 10000;
st. Paul 6,100; Southern Railway LOO;
Texas and Pacific 5000; Wabash II 900;
Sugar 5000; U. S. Steel 21,200; U. S.
Steel preferred 10000.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
To Prevent Cruelty to Animals.
(spccial to News and Observer.(

Especial to News and Observer
Washington, N. c., June 21.-A Society
for the Prevention of Cruelty to Animals
is to be organized here by the ladies
OF the city. The brutality and cruelty to
horses, especially by the local carriers
ard country traders has made this or
ganization a necessity.
The condition of the channel at the
drawbridge is such as to cause alarm
to the mill men who have mills above
the bridge and ship their cut by barges
For months it has been daily occur
renee for boats to go aground in the
bridge and blockade traffic. The State
press are doing Washington a service
in printing the accounts of same, for all
of the clippings are utilized by Congress
man Small in his effort to have the
River and Harbor bill amended.
A marine diver from Norfolk arrived
in this city last night to go to the bed
of the river and ascertain the defects In
the Farrow and Chauncey ship railways
which are not in working order.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
TO BUY CLARKs HISTORIES.
Action of Cape Fear Camp of Veterans. Two
Big Excursions.
Especial to News and Observer. }

Especial 10 news ana ODSSTN6T.J
Wilmington, N. c., June 21.-Two
large excursions reached here ealy this
morning from Atlanta, one of the trains
bringing party of prominent white per-
sons and the other bringing colored peo-
pie. The train for the white excursion
lists consisted of five Pullmans and sew
eral day coaches and went through to
Wrightsville Beach, where the party
will spend Sunday and Monday. The
colored exeursionists stopped in the city
and arranged baseball game with a
local team at the park.
Cape Fear Camp of Veterans at its
meeting last night ordered that a full
set of CIarks regimental histories of
North Carolina troops and Moore's ros-
ter of North Carolina troops in the Civil
War be purchased and placed in tn e
library of the organization.
The matter of changing the date for
the celebration of Confederate Memorial
Day from May 10th to Jefferson Davis's
birthday, June 3rd, as recommended at
the Dallas reunion, was left with the
Cape Fear Chapter DAUGHTERS of the
Confederacy. The veteran camp here
was never in a more healthy state than
now
Preparations have already begun at
Wrightsville Beach for the proper en-
tertainment of the Fifth Georgia Regi-
ment, State Troops, upon the occasion at
it's annual encampment at the Ham
mocks" July 17th-27th. The regiment
will be commanded by Col. Clifford Lee
Conte Anderson, of Atlanta, and will
come over 400 strong The trolley line
to the beach will be in operation at that
time, and it is hoped by the Wrights-
vile people that favorable impression
may be made upon the Georgia visitors.
The encampment of the regiment at
Wrightsville was secured largely
through influences of the Seaboard Air
Line, which this season has undertaken
to develop Georgia summer travel to this
resort. The two excursions over the
road here today are said to have brought
800 people to Wilmington.
Much speculation is rife here as to
probable changes that will result from
the going into effect July LIST of the At
lantic Coast Line Plant System merger,
though no official circulars have yet
been issued. 1t is certain, however, that
present Coast Line officials and employees
will be taken good care of and as many
as possible Of the Plant System officials
will be retained.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22

day over Louisiana and Southern Texas.
AS every other State has received am
pie moisture and Texas now is the only
one needing a general rain, the atten-
tion of the trade is naturally drawn to
the daily weahhcr conditions existing
there If rains materialiZe soon in Texas,
values will decline further and the alb
sence of moisture for any protracted pc
Rod will occasion a reaction.
H. & B. BEER.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
The Tobacco Crop Improves.
Especial to the News and Observer

Especial to the News and Observer
Greensboro, N. c., June 2I-Prospects
of the tobacco crop have very greatly
improved in this section in the past few
days. Mr.. j. f. Fulton, proprietor OF the
Banner warehouse, who keeps up with
such matters closely says that Guilfords
crops are now fine and the growers are
in high spirits, and that conditions In
Stokes county which were so unsatisfac-
tory two weeks ago have greatly I'M
proved. The copious rains, with sun
shine following, he says, have caused
strong roofing, and disease has dtsap-
peared from the plants, which are grow
ing off finely The acreage planted in
Guilford, Mr.. Fulton says, is at least a
third greater than last season.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
STOCKS AND BONDS.

New York, June 21-Today's dull and
professional stock market calls for lit
tie comment. An advance of over
point in United States Steel was sus-
tanning force in the opening dealings.
The demonstrative buying by the brokers
usually employed by the syndicate helped
this movement. The Southwestern rail
roads made some show of strength, st.
Louis Southwestern preferred rising 11a.
The effect of these movements never ex-
tended far. The whole list turnd heavy
upon the appearance of the bank state
ment and the closing was easy with
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
GRAIN AND PROVISIONS.

Chicago, June 21.-Weather map argu-
ment was the pivot on which grain spec
ulation swung today. But it was fair
weather and promise of more of it rath-
or than the soaking rains that Influenced
wheat most of the week. In consequence
wheat slipped down. Corn and oats had
good arguments of their own to sustain
prices, therefore when July wheat closed
k0Ac lower, July corn gained &c and
July oats stood &c higher provisions
gained much attention because of their
strength and closed with net gains OF
az to 7h@10Ac.
Leading futures ranged as follows:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
H. 6 b. BEERS MARKET LETTER.
Especial to News and Observer

Especial to News and Observer
New Orleans, La, June H.-Liverpool
advices were more favorable than ex-
pected Our market, nevertheless opened
TO points lower, on rains in Northern
Texas and fears of their extending. Sub
sequently shorts covering over Sunday
occasioned an improvement of 4 to 6
points. Easiness, however, again set in
near the close, making the net loss .
to points on new crop months and
about l on old. Scattered showers oc-
CURED today in ,OklaIoma Arkansas,
Louisiana, MississippllSthe Atlantics and
in the northern~portion of Texas, and
showers are predicted tonight and Sun
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
A POOR BANK SHOWING.
The Whole List Turns Heavy After
the Statement.
COTTON OPENS EASY, MOVING LOWER.
The Crop Herorts as Rule are Bearish. Re-
ceipts Mere Shadow of the Movement
The Same Day Last
(By the Associated Press


New York. June 21.-Business in dry
goods today has been of decidedly quiet
character owing to unfavorable weather
and the half holiday With the coming
week very fair amount of goods will
undoubtedly be moved, due to the semi
annual clearance sales to be held by all
the jobbing houses. Cotton yarns con-
tinue in dull demand and still weak and
very irregular. Worsted yarns steady
with fair demand. Wooden yarns quiet
Linen and jute yarns firm
NEW YORK COTTON.
New York, June 2L-The cotton mar
ket opened easy with prices unchanged
to six points lower under a furry of
liquidation and eager bear selling. started
by reports of general showers to light
rains over Texas and a forecast for rains
today over the dry districts of Missis-
slpp1, Alabama and louisiana There was
little or no reaction after the call, the
commission houses having few support
ing orders and later news serving to
confirm The early rain report The Liv-
Crpool market news was quite bullish
hotlng an advance of " to l per cent
In futures when practically no change
was due or expected. Europe sent a few
buying orders here out these were quick
ly filled up by room holders and the
leading bear interests. Wall Street was
a liberal SELLER on the wet weather
rews as was the South and West The
crop reports as a rule were bearish ex-
cePt those from Texas where rain was
SAID to be imperatively needed to save
the crop. The Chronicles weekly crop
weather review failed to note actual
damage to the Texas crop as a result
OF the dry weather but indicated a criti-
cal stage in the developments. Southern
spot market news was about a stand
OFF. Receipts at all points were a mere
shadow of the movement for same day
last year and led to estimates for the
week at the ports of $4,000 to II, COO
bales against nearly 10000 bales same
week year ago. The temperatures over
the northern belt were exceptionally low
but this failed to attract special attcn-
ton in local trade circles.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
A Prominent Man Dead.
Especial to News and Observer.)

Especial 10 NCWS anu UDsVTNVIJ
Nashville, N c. June 21.-Capt. e. Il.
Lyon, at one time a prominent citizen
of Granville county, died last night at
the home of his son-in-law. H. B. Jen-
ltins, Esq, near here He at one time
represented his county in the State Leg
slature. He was the father of Mrs. r.
H. Moore. of Battleboro. and of the late
Rev. J. 7. Lyon, of the North Carolina
Conference M. E. Church. In politics
he was Republican. Aged eighty -four
years of age.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
WEEKLY BANK STATEMENT

New York. June 21.-The weekly state
ment of the averages of the associated
banks shows:
Loans $3.50, OLE, 100; increase $7944, 700;
deposits $3.50, 952 800, increase $S,0S4, 900.
Circulation $31 800, 100; decrease $780,
roo; legal tenders SIC, sos, 700; decrease
S42, 100; specie $173. 292, zoo; increase 1919,
600; reserves $249, 500 400; increase $S76,
900: Reserve required $237 ,73S $50; in
crease $2.021 600; surplus $12, 15S, 250; in
'crease 81, 144, 100.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
NEW YORK MONEY

NE~ YORK June 2l.-l p. m.-Money on Cal
steaGy at 26l3 pei cent; closing offered al
per cent; last loan at 80. per cent; ruling
rate . per cent. Prime mercantile paper
4HQD5 per cent. Sterling exchange nominal, With
actual business in banners bills at 4.87a for de.
msnd and ct 485AML85A for 80 days Posted
rates 4S66D4S8h. commercial bills 4S4VtoSM
Gar silver 52H. Mexican dollars 42h. Govern
ment bonds steady; State bonds inactive; hal
road bonds Irregular.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
Bloody ARRAY Near Cameron.
Especial to News and Observer)

Especial to News and observer
Cameron, N c., June 21.-This even
ing, about three miles from here, D. N.
Black and Dave Pierce got into diff
Guilty, resulting in Black getting badly
cut and shot. Pierce was also badly cut
up. Pierce's son, Pat Pierce, came up
to take his fathers part and was shot
dead. Nothing further than these meagre
details has been learned.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
OF ALL HOT WEATHER ENEMIES

OF ALL HOT WEATHER ENEMIES
of humanity cholera is the worst.
Treatment to be effective must be
Prompt When vomiting, purging and
sweat announce that the disease is pres
emit combat it with Perry Davis Pain
killer. All bowel troubles, like diar-
rhoea, cholera morhus and dysentery
are overcome by Painkiller. 1t is
equally health promoting in all clifates.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
STOCKS.
SEABoARD STOCKS AND BONDS.

BALTIMORE, June 81 -Seaboard Air Line
common 25h026 preferred $500.
BoDds-4s ssh.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22

Mex. Cen. 49,. s4H
do 1st Inc. BIZ
MINI. & St.L 4's105
M. X. & T. IS. 100
. 2nd's...... san
N. {, G. lists. .104B
do gen 3 1-2'.107
N J. G. gen. 5's..13oH
No. Pac. 4's......1o5H
" 3's. 743s
N, e. W.con. 4s.1O2 J
Reading gen. 4s1OON
st l. & | Mton 5's117K
st. L. as Fgen4'sfO0
St.L. S'wes rs. 9o34
do 2's........ S714
S.A.&A.Pass As 9OB
So. Pac. 4's..... 92S
So. Railway 5's..124
T. 81 p. lists. .119
T.. st. Law. As. S2H
Union Pac. AS. .1o6B
do cow. 4's.107A
Wabash 1sts.....119h
-" 2nds........111K
do. Deb. b. =. 76$
West Shore 4 s. .1l5H
w y l., e. as =. 94A
Wis. Cen. AS. :. 93B
Mobile 81 o. AS. 90
G. of Ga.con SIS. -.
" 1st incomes. :.
" I'd incsmes 35
Con. lob. AS. e.. OK
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
NEW YoRK, June 81 Colt n futures opened
,asY. Cotton fuLures closed nn ct an sLnadY.
NEW ORLEANS COTTON.

spot CflIDDn CIOStu quiet anu steady; m1ddInG
uplands %: middlina gulf 9h: sales $3.50 bales
NEW ORLEANS COTTON.
New Orleans. June 21-Cotton easy;
quotations unchanged. Futures eased
off few points owing to reports of re-
auctions in many sections of the cotton
belt. There were net losses of one point
in July and August and five to six points
on the other months.
NEW ORLrANs, La, June 2I.-Cotton. Futures
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
LIvE RPOOL.

LIvERP6 OIL June 2I-4 p. M.-Spot cotton
moderate business; prices Arm; American mid
oIng IA 9-32d good mddling 32d; middling
9-3Sd; low middllng 1850; good ordinary
ll-16d, or iinary it'd.
The sa e. OF the day were 1000 bales, OF which
1000 were fo4 speculation and export, and incluG-
ed $500 American. Receipts 1000 bales, N ;lud-
ing 300 American.
Futures opened aud closed steady
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
RALEIGH STOCK MARKET.
Corrected daily by Grimes & Vass.)
BONDS.

Bid. Asked.
North Carolina 6s. 1919 :. ..134k 1876
North Carolina As, 1919 ....106 -
Virginia new SIS ............ 81 97A
Virginia Centuries. 1901 -. 97A 9714
Southern Railway SIS, 1894. 1922
>. a. L. As NEUTRALITY-SUSPICIOUS.. 50 sc
Western N. G. r. r. 6's, 1914. .120 121
Ga, Car. & Northern SIS, 1929. 1872 -.
Carolina Central Railway As 100 -.
Ca, So. and Fla. R. r., 1916. 116
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-22
BONDS.

J.S.Ref. 2's reg..1o7N
s. 6. Ref. 2's cou 1os2s
U. S.3's reg ......1o7H
" coup ........107A
U. s. new As reg 13SA
q" coup ........135H
u. s. old as reg.1o9B
" coup ......11OB
U. s. SIS reg.....1o5
" COUP. ....10S
Atch'sn Gen. 4's.1033b
l." adj 4's...... 93%
Bait. 81 o. AS. ..102h
do 3 1-2's. 81
do cow. 4s..107H
Can. So. ends. .1092s
G. Of g. 5's.......10Sh
:" LIST incomes. 81
G. & o, AVS. 1OSX
G. & A. 3 1-2's... IS
G.. B. 81 q. a. Is. 961s
CM&StP gen 4's116B
G. q N. con 7's..139N
c.. Il. l, q p. 4's.1l1A
CCC&SLgen4's.1O2
Chicago Ter. as. 90A
Colo. So. 4's..... 90
D &. Rio AS. .1o3A
F.. prior lien 4's.101A
Erie Gen 4's,.... 50
+. W.&.D.C. lists .113
Hook. v. a 1-2's.111
l. & N. uni. As ..103K
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20

sAvINGs DEPOSITS received and
interest allowed for yearly deposits Al
the rate of ~ per cent per annum.
Rules and regulations furnished upcr
application.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20
Bank of Hawaii
LIMITED.

Incorporated under the Laws of the
Territory of Hawaii.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20
The Yokohama specie BQnE Lid

HEAD OFFICE: YOKOHAMA.
interested Allowed.
On fixed deposit for Il months, per
cent per annum.
On fixed deposit for months, 81 per
cent per an Am.
On fixed deposit for months, per
cent per annum.
The bank buys and receives for coli
lection Bills Of Exchange, issues Drafts
and Letters OF Credit, and transacts a
general banking business.
Branch If Yokohama Specie Bank
New Republic building, Honolulu, H. 7.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20
HONOLULU, 81. T.

aAN FRANCISCO AGENTS - THE
NEVADA NATIONAL BANK OF
San FRANCISCO.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20

OFFICERS AND DIRECTORS.
Charles M. Cooke ......... President
p. c.. Jones Vice President
C. II. Cooke. .............. Cashier
y. C. Atherton. Assistant Cashier
q. waterhouse, F. w. Gaafarlane,
a. D. Tenney, J. A. McCsuGsess and
c. Fl. Atherton.
Commercial and Savings De-
partments.
Strict attention gwen to all
branches of Banking.
judd Building - Fort Street
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20
Savings Department.
Insurance Department

Agents for FIRE, MARINE, LIFE,
ACCIDENT and EMPLOYERS LA
BILITY INSURANCE COMPANIES
Insurance office, ga Bethel street.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20

Interest allowed on term deposits 1T
the following rates per annum, viz:
seven days notice, at per cent
Three months, at per cent.
Blk months, at BIZ per cent.
Twelve months, ut 4 per cent,
Trust Department.
Act al trustees under mortgages.
Manage estates, real and personal
Collect rents and dividends.
Valuable papers, wills, bonds, cts,
resolved for safe keeping.
Accountant Department.
Auditors for corporations and pri--
vate rms.
Books examir 4 and reported on.
Statements of affairs prepared.
Trustees on bankrupt or insolvent ss-
tates.
Office. ga Bethel street.
Savings Department.
Deposits RECEIVED ana interest allow
ed at ~ per can't F4Ao sA1ans. In ac-
cordance with ruies as1a regulations.
copies Of which may be obtained on
application.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20

Commercial and Travellers Letters OF
credit Issued on the Bank of California
and N. ID. Rothschild & Sons, London
Correspondents: The Bank of Califor-
MA, Commercial Banking Co. OF sgd
ney, Ltd. London.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20
BISHOP eco. BANKERS
ESTABLISHED IN 1858.

Banking Department.
Transact business In all departments
OF banking.
Collections carefully attended te.
Exchange bought and sold.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-20

Drafts and esDls transfers on China
and Japan through the Hongkong and
shanghai Banking Corporation and
Chartered Bank OF India, Australia and
China.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-21

fault of ours If the miners refuse to
work. We have no outstanding con-
tractual obligations. All the contracts
we make are conditional upon the ac-
ton Of the miners, and a strike alb
solves us of responsibility for delay in
shipping or failure to ship at all. How
the strike was brought about, or what
share we have had in encouraging 1t
by refusing all overtures of negotia-
ton or compromise, are not factors in
the equation. We are indifferent to
criticism for the reason that the pub
lie indignation cannot reach us to our
injury"
The Times thinks that not only is
this "a distorted view Of the nature
and kind of responsibility devolving
upon persons in control of an article
of prime necessity" but that 1T is OK
tremely shortsighted from h point Of
view of self-interest. For public in
dignation is a thing to be reckoned
with. THERE'S a growing conviction
that the business of mining coal, If
left in the hands Of private individuals,
is one which should be sharply regu-
lated by legislative enactment; that
natural should revert to the
commonwealth when their possession
or use is abused, and that coal mines
are public utilities, the administration
of which in incompetent or selfish
hands results in conditions that are
intolerable."
What have many high class news
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-21
Flow american Captains Of 9ndustry fire Made.

The present cry Is, Give us college
men" From all over the United
States, from distant foreign countries,
letters come to my desk-from the
railways, rolling mills, ~shfpyards,
mines, electric shops, locomotive works
asking for Cornell's bright young
men. Not long ago a college-bred man
had to seek work; now his services
are sought in all the great fields of in
dustry. Cornell has proved to practi-
cal men, to the self-made captains of
industry, that her professionally train
ed graduates are to be the future cap
tains of industry. In such centers of
activity as Pittsburg, college men are
taking UP the work begun by the shop
trained workers of a few years ago.
Engineering students at Cornell are
made to feel that they begin their pro-
fessional careers when they first enter
Sibley, and there is little break be-
tween the senior year in the univer-
sity and the first year outside. Every
effort is made to bring the students
into touch with actual commercial con-
ditions. Much Of the work of the Sc
nior year is devoted to investigation
in industrial centers, and frequently
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-21
BY Heny George r.

That Of railroads is in point. The limit
Of space, the cost of construction and
other conditions restrict competition
to a very few, If they do not absolutely
prohibit 1t. Hence to give a railroad
franchise to an individual is to give
him a monopoly. Yet because monop-
olies are evils we canno abolish rail-
roads,. Men living in a state of civil
cation such as ours must nave rail-
roads. Picture what would be the con.
fusion, the helplessness, indeed, thu
great danger from starvation Of our
people, were the railroads suddenly
abolished and destroyed. Then If the
railroad must exist, while in it's ma
ture it is a monopoly, there can be but
n way to treat it, and that is not as
a private privilege, but as a public
privilege. It becomes naturally a
function of government, because If it
is not exercised by the government for
the public, then it becomes an instru-
ment in private hands for interfering
with the rights of others-a means of
the few robbing the many. But, it will
be asked, if this reasoning is true with
respect to the railroads, to telegraphs
and to telephones, why is 1T not true
with respect to coal and other kinds Of
mines? Why does it not apply to oil
and natural gas regions, to the timber
supplies and to the farming and graz
ing countries? Do not these also con-
stitute monopolies? If they do, then,
to be logical, the government must as