davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1902-01-19

were quite as bad in their consequences

were quite as bad in their consequences
as fraud.
The concerns that had an actua! ex-
istence frequently issued their currency
in unlimited amounts that bore little or
no relation to their assets They issued
them on real estate notes and mortgages
and on personal notes that were value
less.
The result of the system, or lack of sys-
TEN. was that there was little confidence
in the bank notes. The best of them were
looked at askance, and the average run Of
issues was refused more often than ac-
cepted.
Brokerage Offices for dealing in bank
notes became a necessity, and New York
had number of these concerns that made
a business of discounting notes at such
figures as their experts considered fairly
safe. The business was run on somewhat
the same principle as that of a bookmak-
er, who puts his odds high enough SO that
he hopes to win in the long run, though
he is certain to lose on some horses
every day.
The Washington times., 1902-01-19

noted that the report shows an addition
of $40 coo for patents. franchises, etc"
during the year, and an Increase OF $780,
Geo in plants" On the other hand. there
is a decrease in raw materials" goods
in process of manufacture" and goods
completed" of $4,000.
There has been an inclination 10 de-
cline in the Title Insurance Company Sc
curties during the past few days The
reason for this is not apparent. as the
project for the consolidation of the two
chief concerns is rearing completion. One
theory expressed in f Street is that some
of the inside interests are trying to keep
the price of the stock down for the pur-
pose OF getting the outsiders to turn in
their securities
Capital Traction has been very strong
during the entire week. The buying has
seemed to come from inside spt.-e- and
it is supposed TO be dre "a thc excel
lence of the annual report.
Greene Consolidated Copper stock has
declined during the week. II vas sold
yesterday between and 81 ani N New
York the best bill for the stock yesterday
was 29 and fraction.
The Washington times., 1902-01-19
aoated it. In some way the public became

floated it. In some way the public became
distrustful of its notes very soon after
it opened its doors and started its print
ing presses running, and they were re-
turned for redemption almost as fast as
they were put out. When the promoters
of the concern got tired of redeeminS
their notes they disappeared. 1t is said
that not more than Si0, Geo or $,0. coo of
the currency was successfully launched
as to stay afloat until after this interest
ing event had occurred.
The Columbia Bank had history very
similar to that of the Bullion Bank, a
capital as meager stock in trade of the
same character, and officers of the same
ingenious. if misdirected. minds.
Currency i'm Unlimited Amounts.
Throughout the States the same war
time and anti-wartime confidence games
were rracticed with varying success. Some
States had better laws than others re-
garding their State banking systems, but
none of them was good enough to prevent
fraud and loose and careless methods that
The Washington times., 1902-01-19

The local stock market had something
of a sensation yesterday in the sale of
go shares of Washington Gas stock by a
broker who is supposed to represent in
side interests and who has made the
greater part of the recent purchases OF
the stock which have caused it to ad-
vance to its present record breaking
prices.
The meaning of the transactions was,
Of course, not disclosed by the broker or
those for whom he acted. but there is
reason to suppose that the sales did not
come from the interests that have been
purchasing the stock OF late.
As far as can be learned these interests
still seem anxious 10 get stock at any
thing under present prices. The company
is understood to be contemplating the
early introduction Of bill in Congress
along the lines described in this column
last Sunday. An increase of the capital
stock to ST.. 100000 is provided for, and
also the absorption of the Georgetown
Gas Company.
The publication of the annual report of
the Graphophone Company during the
past week does not seem to have helped
the securities of the company. The prices
If beth the common and the preferred are
a trife below the level OF week ago.
The best bid for the common is az, and
it is offered for 37s. The preferred is Of
fered at rs. and the best bid is I. The
fact that the company failed to earn its
dividends by SAG. eco and that it was
thought, ady sable to write of siC,ooo on
account of bad accounts. etc. al
though previous reports of the company
had pointed TO the careiulness ana con-
servatism of estimates IN ihiS regard,
seems to have caused oisappo.htmen
a,onrg bo,ders OF the securities. The sur
Mus M the company was reduced during
th.. wear from s27l, ,S57 to $lS5.52S. 1T is
The Washington times., 1902-01-19
Government Bonds.
COMMENTARY ON THE
DAY In WALL STREET

The market of the past week has been
an unimportant one, and it cannot be
said that, as a result of the weeks busi-
ness, there is any appreciable change in
the situation. The early part of the
week was full of bearish talk and small
declines in prices. During the latter half
sentiment became a triie more hopeful.
and the trend Of prices swung back into
an upward movement, which was not,
however, either large or particularly in
teresting.
The important elements Of the situa-
tion have been noted heretofore in this
column, and there is very little that can
be added. The large public investment
buying that was looked for as n result
Of the January payments Of dividends and
interest did not materialize. Any one
OF half a dozen reasons might be assigned
for this failure of the outside public
to take an interest in the market, but
IL does not matter much what the rea-
son Is. as long as the fact is eeident and
potent. The uncertainty over the North
ern Securities matter is one factor, un-
dcubtedly The continued talk OF prices
being high, among the bearishly inclined
half of the street, is another. Fears
that there will be further Industrial cor
poration difficulties. like that OF the
CRUDE Rubber Company and the Moore
syndicate, is a third deterrent factor.
Inside Interests Disappointed.
The inside interests have been badly
disappointed by this lack Of support from
the outside. There is every reason to
believe that this is so, although. OF
course, there is no way OF proving It.
These big interests. for some reason,
have failed to boom the market, possibly
because they were afraid they could not
induce the public TO help them ont. and
perhaps because they are anxious TO alb
sorb stock before making an advance
A third possibility is that they, like the
general outside world. are waiting for
the settlement of the Northern Securities
matter.
without either the public or the in
siders there has been nothing In the mar
ket except the operations of the profess
sionals. and these people have been un-
willing to carry prices very far in either
direction.
Bank Statement Figures Fine.
The weekly bank statement figures,
published yesterday, were even better
than had been expected. The gain in
cash apparently showed all the increase
made during the past week and some Of
the increase made Il week ago, and not
shown in the statement Of last Saturday.
The figures were as follows:
Reserves decreased Ss103. 600; loans in
creased s.. 3.292, 300 specie increased ss.-
s42. 500; legal tenders Increased s95, 800;
deposits increased 81, ,793, COO; circulation
decreased SIS, 100.
The surplus reserve is now mere than
sl9, ,000. 900.
As had been rather expected by the
street, there was a decline after the
statement appeared. Notwithstanding its
The Washington times., 1902-01-19
FINANCIAL.
AN NYESTkENT, NOT A SPECULATION

New IorI. Exchange Oil & Refining
Company.
CAPITAL STOCK, S5oo,0c0.
OFFICERS AND DIRECTORS:
Hon. JOHN T.. JAECkEL, President,
Treasurer State Of New York.
WIN. +. BALKAN, Vice President,
Secretary n. Y. ( Kentucky Co, Rochester, y. Y
Hon. c. +. WRIGHT, Treasurer,
Cashier First National Bank, and Member Con-
gross Susquehanna, Pa.
EMMETT RHODES, Secretary,
Chairman Committee of Legislation National As
sociation Fire Insurance Agents, Auburn, N l.
GEO. w. FAIRCHILD. Director,
Publisher, Oneonta, N. Y.
Hon. GEO. l.. GREEN, Director,
President International Time Recording Co. and
State Senator. Bnghamton, y. Y
The Company's holdings consist of 2,3io acres
in the heart of the Texas oil field, including
tract
The Washington times., 1902-01-19

over 1890, according to Dun's. The in
crease is mainly on Southern and South
western roads and on Northern Pacific.
Earnings of Central Western roads are
only 9 trife larger than last year. when
traffic was practically limited 20 the ca
pacity of the roads to move freight.
The Washington times., 1902-01-19
had EXPECTED TOO MUCH
Market Strong at the Opening Before
Profit Taking Began.
METROPOLITAN HOLDS FIRM.
Weekly Showing of Figures COnsid-
cred Generally Good. Except in n
Few Localities, Where Unwarrant-
ed Expectations Had Been Enter
tained-Activity in Bonds.

NEW YORK, Jan. 1s.-The increase of
over 5000, 600 in lawful money shown in
the weekly statement of averages of the
associated banks today, TO an extent cor
reefs the failure of the two previous
statements TO show the known increase in
the cash holdings of the banks.
A Favorable Feature.
This increase in reserve is the most ia
vcrable feature of the showing. Still, the
fact that the loans have been increased
only 1922. 600 should not be underesti-
mated. The increase in deposits is more
nearly consistent with the two changes
already noted than might reasonably have
been expected considering the magnitude
Of operations through the clearing house
this week.
The net result increases the surplus
nearly so per cent, making that item a
little over SIS, s,0OO, 600.
Strong at Opening.
In anticipation of favorable showing
by the banks the stock market was strong
during the first hour Of business. After
the publication Of the statement the mar
ket reflected proft-taling for long ac-
count, chiefly by traders and small spec
ulators.
A part of the speculative community
appeared 10 regard the statement as dis
appointing, but this must be attributed
to its ignorance, or to unwarranted expec-
tations Of a larger increase in cash than
was shown.
Left the List Lower.
Realizing sales wiped cut in most cases
the early improvement and lett the list
fractionally lower: than last night.
There were a few exceptions TO the rule.
notably Metropolitan Railway, which en-
joyed net advance of IL per cent. Less
active issues that closed materially high
er were the American Ice stocks, Ameri-
can Tobacco. Chicago and Northwestern,
Consolidated Gas. Continental Tobacco,
Glucose Sugar Refining, and Westinghouse
Electric.
Bonds Very Active.
The dealings in bonds were unusually
large for Saturday, owing to the extraor-
dinary activity in Consolidated Tobacco
fours, which made further advance TO so.
In the outside market there was fur
ther recovery in American Can preferred,
Norfolk and Western, and Pocahontas
Coal, which were strong and advanced.
Standard Oil sustained further de-
cline to 632.
The Washington times., 1902-01-19
Washington stock Exchange.

sales-Capital Traction: 2Gd1OSk.
Washington Gas: 175Q70H; 75G 7OIs.
Mergenthaler Linotype:. 554170A; 12G
1908. American Graphophone Company,
Pref: 75d71a. Greene Copper: 5d31; so
302:; 1o0d 302s. After call-Capital Trac-
tinu. 2nM 1nSl
The Washington times., 1902-01-19

is a sample of some of the worst features
of the old wildcat system of the civil
war period. It is from a large and
interesting collection of wildcat cur
rency owned by a prominent Washington
banker.
Two Mushroom Concerns.
The Bullion Bank existed for two or
three weeks only. 1t had an Office IN the
old Colonization Building at the corner
of Pennsylyania Avenue and Four-and-a-
Half Street. Its only assets were its Of
fee furniture and a few thousand dollars
in cash. II issued houndrcds of thou
sands Of dollars of its money"
The city was filled with soldiers. and
much of the fake money got into their
hands. Much of it was sold to suffers,
probably at discount, and by them
turned over to the troops.
the Bullion Bank was not wholly
success. however, even from the point of
The Washington times., 1902-01-19
8 Gents per Share.

Full Paid and Non-AssessabIe.
We ask no money until the Gusher is in.
All subscriptions are payable within ten
days after the GusEcr Is brought in.
After the Gusher is in the balance OF the
stock will be sold at 10 cents per share.
Send In your subscriptions so as 10 Sc
cure your stock before the price is raised.
500 shares will cost $500
1000 shares will cost $4,000
1000 shares Will cost $4,000
10000 shares will cost 10000
For full particulars address NEW YORK EX-
CHANGE OIL & REFINING CO., DEPT. u, No.
800 BROADWAY, NEW YORK. SUITE 1878.
MI
The Washington times., 1902-01-19
sATIoNAL MORTGAGE LOAN CO,
625 F st. n. w,

MONEY TO LOAN at "a to per cent ir ,uns
Of 81 600 to $40. 600 L. c. real estate; pay Of
s and per cent mortgages and begin anew; ali
transactions conducted with economical consiGer-
alton for borrpwerA wv. H. SAUNDERS CO.,
lfO- + st
The Washington times., 1902-01-19
SpindieTopHeights

On this tract our first Gusher, which is being
drilled, and is now over 200 feet deep, will be
brought in within the next Is or 20 days.
We taking subscriptions for our first al
The Washington times., 1902-01-19

MONEY TO LOAN on approved city real estate
at 1. iia and 5 per cent interest. Special priv
ileges with respect TO prior payments. Large
amounts a speciality.
TYLER RUTHERFORD. INC,
ialg-tt 1907 + st. W.
The Washington times., 1902-01-19
FINANCIAL.
LOANS OF $40

AND UPWARD On FURNITURE AND PIANOS.
At lowest rates Ind on the day ycu apply We
are loanins the Building and Loan Association
plan. which makes the coet Of carrying loans
much less than you pay elsewhere and allows
you to pay it of in any sized notes you desire.
running from one to twelve months. II yu have
lean with other Company We will pay it
of and advances you more money II desired.
Rates cheeriuliy given. and cost to you unless
loan is made Csll and get rates Front roo,n
hrst door
NATIONAL MORTGAGE LOAN &C.
The Washington times., 1902-01-19
MONEY LOANED sALARIED PEOPLE

Retail merchants. teamsters. boarding houses,
without security; lSrgest business in i2 principal
cities. ToLMAN, Room l0I, j33 18th st. NV.
mll-U
The Washington times., 1902-01-19
SAVINGS BANK DEPOSIT0RS

through our high rate regular monthly dividend
Stocks and Bonds Can invest SO up. F. A.
SENECHAL & Co, Bankers Union Trust Build
ing. Cincinnati, Ohio. 1t
The Washington times., 1902-01-19

The Company's holdings consist Of 2,3io acres
in the heart OF the Texas oil field, including
The Washington times., 1902-01-19
Railway Business Large.

Gross earnings of all railroads in the
United States reporting for the irst week
Of January are $500, 454. gain of 7
per cent over last year and 1i.7 per cent
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
PUBLISHED A CENTURY AGO.
Some Curious Items That Were Print.
ed In the London Times of
That Period.

From its issue of November %, 1901,
the London Times reprints the follow
ing curious items: "a milliner adver-
tises that she will not be visited on
foot. and assures her customers that
her father kept his own coach. This
is very true-No. sos, and drove it
also"
"a great change is announced in the
sporting world. Powder is utterly out
of fashion, and a gentleman would
scorn to knock down a partridge with
anything but an airgun, always except
ing tie low bow, with which so many
OF or best shots kill their game"
among the lay sportsmen the con-
test lies, who shall kill the most head
of game; but your sporting parsons
think nothing of one another till they
have had shot at the squire
sAn odd circumstance occurred the
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
TorSon'S
TobaceoPouch
BY H. I. CLEVELAND.

TORSON carried the mail between
Blue Duck, Hamar, the Mouse and
Cub Creek. The pay he received from
the government was comparatively
small, but the honors of his position
were many. By custom he was al
lowed. free feed for his horses at any
ranch-house. A plate was always put
on the table when he was seen APP
preaching. The best draught of mill
tary punch was always at his COM
mand, and there was not pretty girl
on the trail that would not go out of
her way to greet him. All this because
he carried the mail. Yet Torson cared
for neither horse feed, good food,
punch nor winsome smiles as he did for
his pipe and tobacco.
Torson never said much about his
pipe, but he loved it, and the pipe re-
sponded to all his moods with a con-
ISOLATION that was unfailing. There
were other mail carriers and there
were other pipes, all we'll known to
Blue Duck, but Torson and his pipe
were so conspicuously one that they
boldly stood out from all the rest.
Torson was industrious and prosper
Gus. He had an amiable wife and
thriving children, but even they were
never so conspicuous as the pipe.
Torson's tobacco pouch was made
from the inner and finer skin of an
antelope which had been we'll tanned
by an Indian woman and then worked
over with beads. Two long tassels
hung from it, and to one of these the
pipe was always attached when not in
use; that was when Torson was asleep
The pouch carried four ounces of
Clipped plug, or six ounces of granu-
lated tobacco, which as smoking goes
is just twice the distance between Cub
Creek and Hamar.
The pipe was briar, with curved
stem of amber, the bowl carrying Just
enough tobacco SO that gentle putting
would not consume it's contents in less
than 90 or 40 minutes. The wood of
the bowl was from the white heath,
and in its manufacture had been so
we'll boiled and cooked that it had
the richest kind of brown hue, to which
long smoking had added polished spots
and rings of black. Consistent clean
ing had kept away from this bowl all
traces of sourness, and the smoke
never became offensive nor the stem
heated. No sharp instrument was ever
put into the bowl. but when it was
touched it was softly swabbed.
It was Torson's fashion never to
smoke on an empty stomach, but, as he
was never hungry, his pipe was never
out of his mouth while he was awake.
When he had long journeys to make he
always carried biscuit and dried
meat in his pocket and bottle of
some mild drink, and by judicious use
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
AND or the HusHAsY KING.

. .U ] VI rs 3
0h, safely ahoat in wonderful boat.
From over the Shutdown Sea,
When the tide awnings slow and the breeze
chants low
In marvellous minstrelsy,
There acometh. there cometh the Hushaby
King.
And dreams are the elves that creep
Close, close by his side on the Shutdown
tide,
AS he sirgeth my babe to sleep:
by, oh!--by. by--we shall go sailing. sail
ing;
Swing low. swing high. over the Dream
Sea trailing.
awning"
This is the song of the Hushaby King.
Oh, little blue eyes, the stars in the skies
OF the Dreamland are strangely aglow,
And the moon is the queen OF fairyland
scene,
To watch DER the children below;
And your boat. mid the islands, swings
.azily Ger
Where the mermaids in happiness thropg.
And. down where they dwell, meath the
surge and the swell,
They are singing lullaby song:
"sleep, dear; sleep. sleep, rocked on the
rest-tide billow:
While near creep, creep, elves to thy dowry
pillow:
You shall be soothed by the hutter Of
wings"
This Is the song that the mermaiden sings.
Oh, the far-away strand of tho Hushaby
Land
Your little white feet shall press,
ana the o!rds OF the air shall welcome you
there
To blisses no mortal may guess.
On wonderful trees shall the candy-fruit
grow;
Plum-cake to the bushes shall cling:
And no one shall cry: Don't touch them!
My, my"
For the dream-fairies ever will sing:
yours ALL yours, dear; all TO be had for
the taking:
Babes small, babes queer, just give the
trees good shaking;
For candy in Dreamland's very good
thing"
This is the song that the white fairies sing.
Oh, far-away strand Of the Hushaby Land,
II could but so. could go
Where my baby doth float in the Lullaby
boat;
If could her rapture know
AS she laughs in a dream that comes
through the night,
A dream of the elfins at play!
But she drifteth from me DER the Hushaby
Sea,
And aye to myself say:
by, oh!-by. by,-babe who is drifting.
drifting;
Swing low. swing high, safe on the Sleep
tide shifting
And my heart doth reply, though closer I
cling;
She is safe in the arms Of the Hushaby
King"
ALFRED J. Waterhouse. in Success.
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
A STRONG STATEMENT.

. Star, Wis.,, Feb. 1Oth.-Mr Samuel 8.
Hook, one of the most highly respect
ed residents of this neighborhood, has
given very hearty recommendation
to Dodd's Kidney Pills, remedy re-
Gently introduced here. He says:
II have been a sufferer from Kidney
Disease for some time and found
nothing to help me till l began to use
Dodd's Kidney Pills. They gave me
almost immediate relief, and I am
now we'll. 1 have recommended them
to many friends and in every case
with splendid results.
"They are the very best pills for all
kinds of ailments, but especially for
Kidney Complaints"
This is very strong statement, and
coming from gentleman of Mr..
Hooks standing and reputation, it
has had a tremendous influence in
Vernon county.
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
Caulinovver, Partisan Style.

Boil a good-sized caulifower until
tender, chop it coarsely and press it
hard in mold or bowl, SO that it
will keep it's form when turned out;
put the shape thus made upon dish
that will stand the heat and pour
over it a tomato sauce. Make this
by cooking together tablespoonful
of butter and flour in a saucepan and
pouring upon them a pint of strained
tomato juice, in which half an onion
has been stewed; stir until smooth
and thicken still more by the addition
of three or four tablespoonful at
cracker dust; salt to taste, turn the
sauce over the nodded caulifower;
set in the oven for about ten minutes,
and serve in the dish in which it is
cooked.-BostOn Budget.
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13

other day in - church, in Leicester
shire. The lord of the manor has
brought an action against the parson
for shooting upon his lands and mag
lining himself to be addressed from the
desk in the words: % Lord, forgive US
our trespasses,' the squire rose in a
fury, and swore he would see him id
first"
"On Friday coal porter exhibited
his wife in Smithfield, with a halter
round her neck, for sale; he demanded
a guinea for her, but she hung on hand
for some time, until man of good ap-
pearance made the purchase, and pack
ing her, halter and all, into hackney
coach. drove for Blackfriars bridge.
amidst the huZzas of the mob
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13

Women are naturally more suscept-
ible to inclemencies of the weather
than men. With them a cold is often
the starting point of some severe
pelvic arrangement, causing much
pain and suffering.
Every woman needs remedy upon
which she can rely to keep her system
fortified against the trying weather of
winter and early spring. If Peruna is
taken at the first symptom Of cold it
will cure it before it develops into
some catarrhal arrangement
If you do not derive prompt and sat
isfactory results from the use of Pc
runa, write at once to DR.. Hartman,
giving full statement of your case.
and he will be pleased to give you his
valuable advice gratis.
Address DR.. Hartman, President Of
The Hartman Sanitarium, Columbus, O.
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1902-03-13
REFLECTIONS OF A SICK MAN.

When the doctor comes, he always
laughs at you. ..
The neighbors never worry about
your illness as much as you thought
they would.
People come around the house you
never saw before; the milk man, the
ice man, the wash woman.
When you are hungry you are
ashamed to acknowledge it, and, if
your nurse is very particular, you
are liable to suffer from hunger.
When there is a knock on the door,
you think it is an inquiring friend,
and try to look as pale and wan as
possible, and then discover that it is
q little girl who wants to borrow
butter