davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

In connection with the sudden and re-
markable change of the stock market last
week, It is interesting to note other
periods of depressions and subsequent
developments in past years. The disas-
trous panic of 1884 was the final result
of the thorough arrangement of the rail-
road situation arising from the excessive
construction of new and competing lines
of railway, the most striking example of
which was the present West Shore Rail-
road. The acquisition of that property
a year later was succeeded by a great
and we'll maintained improvement in the
stock market which met its first decided
check upon the passage of the inter-
state commerce law. The railway world
quickly accommodated its affairs to that
measure. however, and more or less sta
bic conditions prevailed until 1890, when
further disorder was brought about
through the disturbance of the currency
by reason of the enactment of the Sher-
man silver purchase measure and the
Barring collapse in London.
Two years later there came a change
in the national political administration
which resulted in the passage of law
involving radical changes in the tarif,
the prospects and the actualities of
which threw the business of the country
into confusion and led TO the general de-
preston of 1893 and the succeeding yearG.
The next ensuing point OF extreme de-
preston in the stock market and in the
country's trade at large was in 1896
when the spectre of Organism doomed
up large before the public view.
The official report of the country's
foreign commerce in July shows an ex-
cess of exports over imports of mer-
chandise for the month amounting to
So. $50 .013. comparing with S13, $50 for
June. The imports remained almost sta
tionary, amounting in value to $751;
1916, 1857. against $50. O23. S66 for June;
while the exports. s91. $50, 400. showed a
decline of S3.6S3.446 as compared with
the June figures. Imports were S3.032.-
513 larger than for July. 1902. while
exports were 81. 74S.T73 larger.
The excess OF exports over imports,
SO, 959 ,O13, compares with 1852. 753 IN
July, 1902, and with S36, $50. 075 in July
Of the record breaking year 1901. For
the twelve months ended with and in
GLIDING July. imports passed the 81.
coo 600, 900 point, reaching $1.02s. 49,
S39: while exports amounted to $1,422,-
$50, ASP. falling not far short of the 1901
figures, 81, 1876, 7e4, 694. The total foreign
commerce Of the United States for the
twelve months including July amounted
in value to 81, 451. 1852, 291, comparing with
81, 445, 610, Az for the fiscal year ended
June 80. The exports of gold during July
were Ss,117.7 and the imports $685.
2I7.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

The advance of Canadian Pacific stock
from a to a 6 per cent dividend seems
to be fully justified by the company
condition. Its traffic and earnings arc
rapidly expanding, and It's income ac-
count for the year ended June 30, 1908.
shows surplus above fixed charges and
81, 300, 900 dividends on the preferred
stock of IS, 621. 400. Deducting from this
surplus the full 6 per cent dividend Of
IS, 070. 900 on the common. there would
remain a surplus balance of 1851. 400
Railroads in the United States tell a
similar story of prosperity, the Balti-
more and Ohio, for example. beginning
its fiscal year by the announcement of
an increase of 1917 per cent in gross
and Is per, cent in net earnings for the
month OF July, while the New York.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

LUMBIA, Washington, August Ii, i9os.-SEALED
PROPOSALS will be received at this Office un-
I'll IL NJ. SATURDAY, AUGUST %, 1908, for
changes in plumbing in various schools. Forms,
specifications. and necessary information may
be obtained at this Office. HENRY b. F.
MCFARLAND. HENRY l. WEST, JOHN BID
DIE, Commissioner aula-ot-exSu
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
Sharp Losses and Subsequent Rallies
Result III W>a0e1zug Stock Market
NEW YORK STOCK MARKET.

reported by W. B. Hibbs & Co., 1919
F Street; Members New York Stock Ex-
change, Chicago Board of Trade, Wash
ington Stock EXCHANGED
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
WASHINGTON STOCK MARKET

SaIes-Capital Traction, 20G122. zoo
1921, 20Q12254, 2O@1221z, 40Gl23.
reenthaIer-1011T4, 10@17452, 50
1874.
Lanston-10O@S%. 1OO@s%. IO06SA.
Graphophone common-lOGQSs
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

Ontario. and Western. in its report FOR
the quarter ended June 30, following the
lead o. he ether "coalers," shows a
surplus c. ,;45. 905. as against a deficit
of S28. $40 last year. In the West, too,
railroad earnings maintain their salts
factory volume
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
CURRENT NEWS AND GOSSIP
OF INTEREST TO INVESTORS

believed to be due to the liquidation of
loans of firm that failed recently.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

II HCU ARE PUTTING MONEY IN
al a . bank. you look tor the safest in
Situation. WY rot use the Sans
when you deposit your yals-
ables for so4nf We have q building and eafes
made for that purpose. All business confidential
Money los-sed on watches. diamonds jesslry.
etc Interest three per cent instead OF ten
II. X. FULTOS'S LOAN OFFICE.
Established 1870 slz Ninth Stree; -
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
Especial TO The Washington TiInes-)

CHICAGO. Aug. 1.-THE following
prices were quoted on the grain market
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
CHICAGO GRAIN MARKET

Market opened easy, 70 8 poi
lower. Noon, quiet and steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
Money Loaned Sala1ied People,

without security: largest buxin-z IT +o prsn'
etpal cities ToI-AAN Room iOl- ss5 l5th 81
1AG
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
MISCELLANEOUS BONDS

Wash. Gas Co., ser A, 6's 1902-27.- lob
Wash. Gas Co.. ser 3, 6's leO4-27.- l09
L. s Elee. Light, Deb Imp. 1907 loS 1Otk
u. S. Elec. Light, Cert Indebt-.- lo2
Ches- & Pot Tel Com Ga. l03E LOG
Wash. Market Co., LIST 6's 1892 l0o
Masonic Hall ASS SIS, c. 1903... lU
Nasl irc-f 10 w
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17

American prices in London continue
TO show q q clining tendency today.
Sentiment rather favors a halt of the
furious advance which occurred last
week. 1t is expected that some reaction
from the sharp recovery is likely to &C.
cur.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
LOAN COMPANIES.
LOAN HEADQUARTERS.

LUHN nEHDQUHn 20.
We shall be pleased to advance you CICKIT
any amount Of money on your Furnitw Piano.
Chattels, Salary, Plain Note, etc, al sans
Iates as charged by any other compy-but
We have q lower rate-an easier, beer and
cheaper way TO borrow. Try our new an-tEs
best yet Call and be convinced. Therer
At the old reliable COZ ST. y. W.
CAPITAL LOAN GUARANTEE CO.,
Goa T Street N. w.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17


furious advance which occurred last
week. 1t is expected that some reaction
from the sharp recovery is likely to &C.
cur.
The Union Pacific has concluded a new
wage scale with the engineers and fire
men employed by the company. This
was announced in a private dispatch re-
ceived here today
1t Is intimated that the party now in
control of the stock market considers
itself so strong and regards the short
interest as still so large that prices may
be advanced steadily and with little
interruption This schedule would only
be interrupted by some unforeseen oc-
currence.
In spite OF all reports as to the
heavy losses by individuals, pools and
other interests, there is apparently
plenty of money or hand to buy stocks,
fact that was demonstrated by the
heavy purchases of last week.
With Europe once more in this mar
ket as purchaser OF stocks, and with
extensive crops OF corn and wheat and
cotton about ready for the harvest,
bankers look for a return movement of
gold from Europe in the fall, while the
output of the Klondike fields reaching
Pacific coast points may be depended
upon to swell materially the import
total in the next few months.
A development making for peace in the
railroad world. and so for maintenance
OF fair traffic rates and fer stock mar
ket stability. is the reported taking over
of the Chicago Great Western, notorious
as rate cutter. by the st. Paul and the
Missouri, Kansas and Texas The road
mas many times in the past been report
ed sold to some larger system. but the
Indications are that this time the rumor
is correct
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
GOVERNMENT BONDS.
RAILROAD BONDS

Capital Traction R. R. Ps....... l05K l0lK
Net. r. r. SIS, 1925. u6k 12l
Met r. r. Cert. indebtedness A.. l04 l07
Met. r. r Cert indebtedness B. l04 IO1
Columbia R. r. 6's. 1eI4-.-..-.. III III
ColurnbIa r. r pd mort. 5's LA l07
Wash Street Railway a.. ~ -
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-08-17
SAFE DEPOSIT AND TRUST SToCE

National Safe Deposit and Trust IA l60
Washington Loan and Trust. 10 BIZ
Amer. Security and Trust-------. 2Ob 225
Union Trust and Storage ------.. WAX I'D
Washington SAVINGS Bank. LOO l005
American Sec. & Trust 4s.....--. I'D 10
Home Savings Bank. ............. Id 80.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
RUPTURE IN RANKS
OF ROCK ISLAND
OWNERS
Minority of Stockholders
Claim That Their Interests
Are Being Violated and
Declare That Issue of $751;
100000 Was Illegal-Ask
Redress From Court.

CHICAGO, Jan. 31-A bill in equity
was filed here today in the state cir
cult court by G. H. Venner & Co., of
Boston, against the Chicago, Rock ISL
and & Pacific Railway company, of Ill
inOis; the Rock Island Railroad COM
pany, Of Iowa, and the Rock Island
company, Of New Jersey; the Central
Trust company, of New York, and the
officers, directors and prominent stock
holders of those companies; including
William H. and James H. Moore, Will
liam B. Leeds, Daniel G. Ried, H. C.
Prick, Marshall Field, Ogden Mills and
others, attacking the validity of the
later organization Of the Rock Island
railway system and the legality of the
issue of SIS 900 of the new stock,
and demanding that the Iowa and New
Jersey company of the consolidated be
declared frauds" as created in viola
ton of the Illinois constitution, and
that the Central Trust company, the
holders of the stock and bonds of the
consolidated roads, be enjoined from
voting the stock or acting as trustees
In Illinois; also that the officers be de-
clared guilty of fraud on the minority
of the stockholders and a receiver be
appointed for the stock properties
Venner & Co, who bring the action,
claim to represent a majority of the
dissenting stockholders. About $780,
600 is represented in the bill. There has
been, it is said, some bad feeling among
certain stockholders of the system since
the reorganization was affected last
july.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
TROUBLE QUICKLY
OVERCOME.
If You Only Find Out the Right Course
to Pursue.


Many physicions who advertise to
cure piles, without the aid of the knife,
simply use Pyramid Pile Cure RENE
dies. They do so because they know
1t is the best medicine for obtaining a
proper combination of the most scien-
tific ingredients for the cure of piles.
Pyramid Pile Cure is not in an ex-
detrimental stage, but is an established
remedy and is recognized and used by
the best physicians in the country. Be
ing IN suppository form, it reaches the
trouble at once and the healing process
is quick and effective; immediate re-
suits are obtained, and before the pa
tlent realizes the fact he has recovered
from the pain, suffering and irritation
which this trouble causes.
children who suffer from this pain
full trouble, obtain relief at once. 1t is
Wen with very young child to reduce
the size OF the suppository before US
Ing. However, if children are afflicted
with piles, they should be treated with
out delay or the trouble may become
chronic. Hundreds of Titles ones have
been cured with Pyramid Pile Cure.
The preyention-o of piles is better than
Inc cure and they can be prevented if
only people would look to the regular
1ty OF the bowels and not become con-
stlpated. Constipation and its attend
ant Ills can be avoided by the use of
PYRAMID Pills. The proprietors of the
Pyramid Pile Cure saw that 1t was
necessary to use with the majority of
their patients mild, non-irritating
laxative, and the Pyramid Pills for
constipation We're the result of much
careful thought and patient investiga-
ton. Pyramid Pile Cure and Pyramid
Pills are sold by druggists everywhere
for fifty and twenty-five cents per
package.
A little book on the nature and cure
of hemorrhoids or piles will be fur
nlshed free upon application to the
pyramid Drug Co., Marshall, Mich.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01

orator he is certainly qualified physi-
cally to discharge the duties of a naval
constructor at a congenial station
where he will be comfortably housed
Congress having refused to extend to
Mr.. Hobson the gratuity of a place ON
the retired list and the naval examining
boards having found that officer ca
pacitated for duty, naval authorities
have now no choice in the matter. 1t
is becoming a ridiculous situation
which finds Mr.. Hobson going about
the country in the capacity of a lee
turer and at the same time seeking to
eyade assignment to duty under the
navy department. The matter has
reached that stage when there can be
no question of the necessity of putting
Mr.. Hobson at work
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
WILL ARBlTRATE FOR SAN
DOMINGO IMPROVEMENT CO.
Dominican Government to Buy company's
Riq1ts and Franchises

SAN DOMINGO, Jan. 31-United States
Minister Powell and a representative Of
the Dominican government today signed
a protocol providing that the matter Of
Inc disputed claims of the San Domingo
Improvement Company of New York be
referred to international arbitration, and
that the Dominican government pay the
Improvement company $4,000, 900 for ali
its rights and franchises
The arbitrators, of whom there are to
be three, will meet in Washington One
arbitrator is to be selected by the DOM
1nlcan government from the justices of the
Unlted-States supreme court or the Judges
OF the circuit courts of the United States
Inc dominican government has in
formed United States Minister Powell that
II cannot agree to his request made in the
name of the American government in the
matter of the claims of the CLYDE line of
steamers. and that if this company feels
aggrleved at the action Of the government
IN charging port dues, it should seek re-
dress before q tribunal of the Dominican
States
Mr.. Powell made a strongly yvortled
reply IN which he informed the Dominican
government that the United States would
insist upon redress for its citizens, and
tnat the pending cases must be settled by
the government, and not through the
courts.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
My Boundless Faith
Deserves Your Confidence.
You who are sick should write me.

who should me.
And that is all Simply coupon, write
postal stating which 1 will
order druggist Shops
tive You take it succeeds
is $3.50 If it fails will your
shall
That confidence has never been
shown by anybody other everybody
knows that such offer would ruin if Restorative did
only wish could show all
succeed I will do what when me-
have $4,000 letters from those whom
send all you
On JAM H. 1903 published Chicago
and addresses thousand
had of chronic
viii send the if wish Who the
merit of remedy which accomplish results like that?
My Restorative succeeds inside
operates every
vital 1t
and a lifetime O ind
Instead of doctoring the power
duty treat it like
from
cannot be any way.
My book will tell you why.
And when my prevent
troubles if it
well.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
UNITARIANS WILL
BUILD NEW CHURCH
Unity Congregational Holds Annual
Session and Names Trustees.

At the annual meeting Of Unity
church last evening 1t was announced
that during the year $4,000 had been
raised, $4,000 of which was devoted to
the current expenses of the church,
and $4,000 of which was used for the
purchase of three lots at the corner of
Portland and Grotto, on which it is
proposed to construct new Unitarian
church.
No plans have as yet been perfected
for the new building, but it is intended
to have it much larger than the pres
-ent church, at Wabasha and Summit.
A. e. Boyeson and Homer p. Clark
were elected trustees to succeed E. H.
Bailey and G. w. Ames, who retired.
The election of church officers will take
place at the meeting of the board of
trustees next Saturday evening.
The reports of the officers of the
church and the various societies show
ed that all departments were in good
condition, F.. B. Tiffany, chairman of
the board OF trustees, presided last
evening, and L. G. Holyoke acted as
secretary.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
RAILROAD NOTES.

The directors of the Northern Pacific
nave declared the regular quarterly
d!vidend OF Il per cent and an extra
dividend of u of 1 per cent.
The Canada Northern railway has
acquired the Great Northern Railway
of Canada, which is about 232 miles N
length, and gives the Canada Northern
an Eastern outlet.
The Northern Pacific has awarded to
Two ST. Paul Paul firms contracts for
the construction of a new passenger
station at Helena, Mont. George s.
Decks & Co. will do the general con-
tractng, and Allan Black will do the
plumbing.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
Sent Free, Book and Liberal Course of
Personal Treatment Which Will Aston
Ish ANY Reader,

During the last few years, remarkable
discoveries have been made by DR. Miles
In the treatment of diseases of the heart
A wonderful system of treatment has been
through its nerve centers. Hundreds of
the worst cases have been cured
Or. Miles, the founder of the Grand Dis
pensary and Sanitarium, of Chicago and
n E.lkhart, will give away $4,000 worth of
ms new personal treatments to demons
strate their remarkable curative powers
IN heart disease, short breath distress in
the side or chest, Irregular pulse palpfta-
tlen smothering spells or dropsy.
The doctor treats thousands of heart
cases yearly and is one of the most suc-
cessful and reliable of physicians as Is
proven by hundreds of testimonials from
Mel-known people. Prof. j. S. Jewell
~; y; :, OF Northwestern University, said:
suits. J" Prof. j. P. Ross, NJ. D., EXPIRES
Rush Medical College, states: i'Dr. Miles
mas taken two courses of my private in
Struction In diseases of the heart and
lunge. Col p. b. Spileman says: Your
remarkable personal treatment has worked
wonders when all else failed. had en-
pIoyed the best medical talent and snent
", 900. DR.. Miles system Of treatment
is thoroughly scientific and immensely SUI
perlor TO the ordinary methods It in
cludes several newly discovered rem
edies which are carefully prepared to suit
each individual case, and is the result Of
twenty-five years of very extensive re-
sseaTcn ana remarkable success. Each
tonic tahloidS, eliminating pills and
usually hyOScyamic plaster
send Tor a free book, diagnostic chart
ana valuable personal advice. Statistics
SleaIiy r demonstrate that Dr.. Miles Per-
sonai treatments are three times as sue
cesSIul as those usually employed Write
TO DR.. Franklin Miles, PIT to PIG Stare ST :
Snicago. Mention st. Paul Globe.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
ARMY NEWS.

A party of forty-seven recruits yester-
day left Jefferson Barracks, Mo-, bound
will be stationed at the former post, and
the remaining forty at the latter The
party is under the direction of Second
Lieutenant Anton Zurich Jr., of the
Fourth cavalry.
Col. F. M Matile, appointed colonel of
the Twenty-fourth infantry two months
ago, yesterday passed through st. Paul
en- route to his new station at Fort Har-
rison, Mont. He has been absent on
leave since his appointment as colonel of
the Twenty-fourth.
The Fhief quartermaster of the depart
ment Of Dakota yesterday received au-
thorfty to proceed to advertise for bids
for the construction of a hospital at
Fort Lincoln, 8. d. Bids will be adver-
tised for within this week.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
WILL PUT HoRsoN TO WORK.
Authorities Think That If He Can Lee
ture He Can Serve Government.

Naval Constructor r. P. Hobson, u.
S. navy, has the choice of going to
Puget sound as the representative there
Of the bureau of construction and re-
pair or of resigning his commission in
the navy. The naval authorities be-
lieve that too much has been said and
written of the Hobson case. He is
quoted during the present week, for in
stance, as saying that he had an un-
derstanding with the secretary Of the
navy which would permit him to con-
tinue his lectures throughout the coun-
try. Both the president and Mr.. Moody
are firmly convinced that if Mr.. Hob
son is able to undertake the difficult
and uncomfortable work of a travelling
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
S. T. cRAPo RETIREs.
For Eight Years General Manager OF
Pere Marquette He Now Goes Ont

SAGINAW, Mich, Jan. 31.-A circu-
lar was issued today by the Pere Mar
quette announcing the retirement of S.
T. Crapo, Of Detroit, who from 1894 up
to the change in control of the road
which occurred a month ago. was gen
eral manager and who then became
general superintendent under General
Manager M. j. Carpenter The new
general superintendent, whose appoint
ment takes effect tomorrow, is A. w
Smith of Chicago, who for fifteen wears
mas been the private secretary of Mr..
Carpenter.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
BIG FOUR SAYS ITS GOOD.
Tells Interstate Commission 1t Has
Made No Rebates Since May Last.

WASHINGTON, D. c., Jan. 31.-The
Big -Four has filed with the interstate
commerce commission a statement al
leging that its recent increases in
freight rates on grain, grain products.
dressed meats and provisions, are rea-
ssonable and just and based on exist
ing business conditions and the pres
ent increased cost of transportation;
the railroad says that the rates were
Ixed without agreement or combine
with any other carrier; are not based
on permanent improvement, and that
it has made no rebates or concessions
since May last.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
Bishop Goes to Prison.

Franklin c. Bishop, recently convicted
of running a disorderly house, ana sem
fenced to serve two years In the peni-
Tertiary, was taken to Saltwater yester-
day afternoon by Deputy Sheriff Miller
Bishop was formerly proprietor of the
Bijou hotel, on Robert street., and was
uary grand juries. Upon his conviction
on one charge. Judge Kelly sentenced
him to two years, and the remaining in
dictment against him was noIIed. ~
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-01
FREIGHT HANDLERS ORGANIZE.

international Order Is Created, With
Membership of $1,000.
ST. LOUIS, Mo-, Jan. 31-With the
election of, the following officers the
organization Of the International Order
of Freight Handlers and Warehouse
Men, with jurisdiction over all locals
IN the United States, Mexico and Can
ada, and a membership of $1,000, is
practically complete:
dent; James n. Lynch, Chicago, first
vice president; j. p. O'Brien, st. Louis,
second vice president; Norton Higgins,
st. Louis, third vice president; Thorn
as McEllroy, Providence, r. L, fourth
vice president; ]. r. Cronan, st. Jo-
seph, Mo-, fifth vice president; M. j..
Donnelly, Chicago, secretary and treas
lirer