davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
PIG IRON MARKET.

Rogers. Brown & Co.. in their weekly summary
Of conditions in the pig iron market. say;
Such developments as have occurred in the pig
iron market during the week have been uniformly
favorable Certain large producing interests have
demand by close inquiry into the condition or
furnace yards and consumers yards throughout
the country. The result has emphasized what
makers have been maintaining all along, VIZ that
the real consumption of iron in this country was
proceeding at a rate beyond production. 1t seems
to be proved beyond 'queStion that stocks In con-
SumerS' hands are very light, the reduction more
than offsetting the slight increase of stocks noted
in furnace yards; that work is coming IN no
orally the foundrieS; and lastly, that with rev
plies. The conclusion of the leading furnace IN
tereSts is that undue weakness has crept into the
market because of the refusal of buyers to cover,
and that when the real test of supply and demand
is applied, it must be sOCn, it will be SHOWN
that the bear movement has OVerreached ltSeI
More bullsh talk has been heard among furnace
the first three days of July than Tor many
weeks previous. Factors contributing TO the
stronger feeling are the reports from the various
markets of leading consumers quietly playing Tor
The tonnage thus under consideration amounts to
a large aggregate Many of the buyers trled 10
avoid the appearance of being in the market, put
are ready TO close If their ideas of price can be
realized. Next week will doubtless witness I'M
portant transactions. A correspondent asks why,
if furnaces lived years ago on 50 iron. they
talk now of quitting when the price Is nearly
double. The answer is simple. Costs OF manu-
facture have nearly doubled since 1888 and 1875
OF the so per to 100 per cent increase IN cClS
Costs will come down when the wage structure
comes down. The wage structure will come down
when the business of the country stops inc ousl-
ness of the country has not yet stopped
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
EFFECT OF LAKE SHORE BORROWING

1.-The Wall Street Journal says:
The fact that Lake Shore has been obliged TO
paw for it's money recently high as 3 per cent
and per cent as in the of the guarantee or
the notes to pay for Hooking Valley common stock
Is being used as a reason why other companies with
less credit than Lake Shore likely to be oollSed
sell their bonds lower basis than the pres
ent market affords. 1t is known that other rall-
road companies are getting larger quantities OF
money by selling bonds at prevailing prices Al
these prices they really getting money In "a
good many cases at nearly Az per cent basis. II
Is argued that as soon as the public appreciates
this situation the bids for bonds will be lowered TO
the real money rate made by Lake Shore. On
the other hand it is argued that the case of Lake
Shore at this juncture is hardly fair comparison
from which to draw conclusion probabilities
with respect TO the price of bonds OF other COM
paneS. In the Lake Shore case, for instance, the
Company was Obliged to go to financial institutions
which had already been drawn upon largely Tor
funds in underwriting propositions. so that the
supply of funds from these sources may be said 10
have been relatively limited Those companies
which are getting their money by selling bonds
for which there is ready market are really get
ting their money from the general public. In the
latter case the supply of funds is practically I'M
limited
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
.eserre-COml-
Bankers posted rates were:

DOMESTIC EXCHANGE New-Orleans - Com
mercial 75c discount; bank 81 premium. San Fran
cisco-Sight, 2l2c; telegraph, sc. Boston-l6 2-5c
and 20c discount. Charleston-Buying, par; selling
1-1Oc premium Chicago-20c premium. Cincinnati
Between banks, 30c premium over the counter,
soc premium. Savannah-Buying, SOC discount;
selling. 75c premium. st. Louis-60c premium
Mnneapolis-S5c premium
s2S6 OBJ 243; balances a9034S62. Philadelphia-Ex-
changes SIS, 51012O; balances, S294L135. Chicago
Exchanges, $32 81, 40: balances S,6l6,ld. Boston
Exchanges. ST. 49, balances H.S.8,795 Balt-
more-Exchanges, $.65974: balances. S949,4S3
FOREIGN MONEY MARKTT.-CaH money In
London 1I5d2 per cent. Open market discount rate
for short bills 3-16q2A per cent; for long bills
S-l6G214 per cent. Berlin discount rate, per
cent. Berlin exchange DON 20 marks ~
pfennigs. Paris discount rate, Ills per cent
Paris exchange on London, % francs 13G1312 CEN
times
FOREIGN SECURITIES.-Britis conSols Tor
money. $685. for the account, 81 Sl6 french renteS
81 francs . centimes.
THE SILVER MARKET.-Bar silver, SIC; Next
silver dollars, 4c. Bar silver in London closed
at "A 7-l6d
GOLD PRENIIUM-In Madrid. 81; Lisbon, o.;
BuenoS AyTes, 12l.212
GOVERNMENT NEUTRALITY-SUSPICIOUS. receipts
reported from Washington. $1,002SO internal reVe-
me receipts 594, miscellaneous receipts, $0SV
0S2. Receipts the day, So 164so6; eXpendltQ
$4.l9OO00. Receipts for the month to date 30 $3.50
expenditures S. $50 co., excess of eXpeldlt lures,
81 Receipts for the year to date, 3d. 1919
expenditures $9,260,OU0 excess of expenditures
$,062,637.
ENTHUSIASTICALLY Sub-Treasury was debtor
10 the Clearing House $l051125.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
OUTSIDE SECURITIES.

The outside securities market was dull. There
was scarcely any trading worthy Of mention, even
in the active issues although the tendency Of prices
was toward a lower level. Northern Securities, on
transactions of about 800 shares, lost over per
cent from the previous closing. selling down to
$780, International Mercantile Marine sold Off II
per cent to 20 sales of 100 shares Other sales
were: St. Louis Transit, 100 at 27s; American Can
preferred $50 at 42SQ422l; Manhattan Transit. 400
at 378Q32 Bay State Cas- 1850 at 7-16 Greene Con-
solidated Copper, 800 22zQ221 Tennessee Copper
500 319sa3& United Copper, 100 at 1875; Borden's
Condensed Milk preferred, 200 at 1O715. and Inter
national Silver debenture IS. 900 at SQS9s. The
market closed dull and irregular.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
CONDITION OF TRADE.
..Dun,s Review" saws:

neT fisGaI year F has commenced under more
time ago. the Improvement being due in no small
measure to the greater conservatism that was an
weather has also contributed the better dstribu-
ton OF merchandise, besides encouraging buoyant
sentiment In the agricultural districts Absence of
reckless speculation in securities has prev ented
payments to the Extent Of sS7 O66S were arang
without causing stringency. Half yearly figures
hand are most encouraging. Bank exchanges were
almost identical with last years, which means
feraIlY reduced quotations RaiIVav earpna o. ana una
output of pig iron We're larger. while insolVencies
were fewer: Government finances showed a sur
plus OF o. Oo0V Tor the fiscal year. and latest re-
turns of foreign commerce indicate that. while i'm
ports have been establishing new records the out
ward movement Is also reVlVlng. exports from this
port alone for the last week exceeding those of a
far reported for June surpass last years BY 10 per
cent and those of 1901 by 1914 per cent Bank ex-
cent smaller than in 1902, while at other leading
cities there was gain Of GA per cent
Bradstreet's says:
Warm. forcing weather has been the keynote of
tons for the winter wheat harvest splendid prog
in summer goods, generally heretofore backward
and. what Is most important OF all, bringing about
nuch more cheerIul teeIing as 10 the future
look business generally. Additional reports as
eSriier unfaVora BE conditions Inn banl uCILire
ings, though aided by stock. grain cotton specu
putting through of large deals have been wholly
dependent thereon for the marked expansion shown
over last year. InasmuCh collections improved
ments upon past business aided materaIv M n pay
ing banking operations for that month show the
widespread gains realized. Six months clearfngs
are only trihe behind those OF last year and onIv
10 per cent behind the made in 1901 FafIure
returns are likewise favorable. in that six months
ported in twenty years. though a comparatively few
large SUSPENSIONS widely separated and generally
unrelated to each other. swelled liabilities per
cent above those Of last year The unquestionabl,
Iueasiness manifested earlier as 10 the f, vi
of prices and made it less easy bulls to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

RAILROAD BONDS.-Market irregular. Total
sales amounted. in par value, s1,S6l500 against
sl,742.0Oo Thursday. The heaviest dealings were
3n the Atchison general Baltimore and Ohio gold
<s Chicago Burlington and Quincy Is. Chicago,
Rock Island and Pacific IS. Erie general As North
ern Pacific IS and Is oregon Short Line As Penn
sylvania convertible 3i2s. Reading general IS. St.
Louis and San Francisco refunding As, Union Pacific
first and convertible As and Wabash debenture BIS
United States steel IS were also active.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

squeeze summer shorts. Farm products show
general downward tendency, though uncertainty a.
particular situation Some revival In export trace
In grain is reported result OF the price redc-
ton Generally speaking, the second half OF tne
year opens auspiciousy, with backward crops III
proving. and with a better tone as TO the Iutufe
manifested in many lines
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
MONEY AND EXCHANGE.

MONEY MARKET.-Money on call opened at AZ
per cent highest AZ per cent; lowest III per cent
last loan per cent closed Il22 per cent ruling
rate. per cent Time money quoted 3I214
per cent for sixty ninety days. per for
months and 505A4 per cent for five and six months
Commercial paper quoted per cent for
sixty to ninety days Endorsed bills 5a5l2 per cent
for choice four tc six months bills and per
for others
FOREIGN EXCHANGE.-Market closed steady
Actual closing rates follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

Circulation .... ,OSs, 600 1900 100 Dec. 1795oo
.United States deposits included. s37 200
The following shows the relation between the
total reserve and the total deposits on the respec-
tive dates:
Specie 200 $3.50 10000 Dec S4 461 900
Legal tenders 75,os3,6oo 7504s6oo Dec. 5000
Totals $2ss s5s, 500 1924 a5o9oo Decs45o29Oo
against deposits 225 s2e $50 25 Inc 1925
Reserve .... S12928, $50 sS.s77675 Deo.s4.546 175
Reserve on deposit other than United States de-
creased S.536,95O.
The following are the changes for the CORE
spending week the three preceding years: 1902
Loans increased ST 400 cash decreased $21S910O
deposits increased $288 100 and surplus reserve de-
creased S2S93625. 190l-Loans decreased S29l4 400,
cash decreased 81 1876 800 deposits decreased Sc $685.
500 and surplus reserve decreased So 272675 1900
Loans decreased s557S 6OO cash decreased 81 3OO
deposits decreased s64OO5O0 and surplus reserve de-
creased 81 ,270,175.
The following table shows the bank holdings on
the respective dates:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

Bank Statement Shoes Gain in Loans and Loss
merciaL Agency Reports Encouraging
tations were:

Closing prices yesterday of the principal active
securities and net changes from Thursdays quo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

Quotations furnished BY Joseph Walker Sons. Ma "a
BrOad-st)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
PORT OF NEw-YoRK

PURI OF NEW-YORK.
Week ended July B. 1909 1902 ,oo,
Entered the port 81 037 746 So 100 SIS 81 0g 400
thrown the market SD 1870 . O49 4t;T I eoe ice
From January l. -''V'. 100
Entered the port Os9 60 sa5 15 4s6 s4 GAO o9a
thrown on the market Il. 761.755 6464a738 649463Is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
MISCELLANEOUS SECURITIES.
STOCKS.
I Dax period Gio; Bid. Ask. d.

FURNISHED by Frederic H Hatch. No, so sroaa-.,,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
AMERICAN SECURITIES ABROAD.

London, July g. p. m.-The market for American
securities dull and lower. Final prices follow
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
RAILROAD EARNINGS.

BUFFALO. ROCHESTER, AND P1rrsBUR5.
Number OF miles ~
Eourta week June son. g5Qet
'' 70 June SO----. T.2S9 100 6413244 oS@
CHICAGO GREAT WESTERN
Number OF miles oso ooo 80
Fourth week In June StsoSS Steo IN
July 1 TO June 50. 49, 7f-SSSS 5S7 tNe
~, HOOKING VALLEY -.
Number OF miles az ~ =.
Fourth week in JunS Stst 80 s1.s - siG2S.
july to June so - 4 isa AZ ssSI s6d $50
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04

'Unted States deposits Included. s37, 263 300
The following shows the relation between the
total reserve and the total deposits the respec-
tive dates:
July 3. 03. July 8, '02. July 6. 'O1.
Specie S159 1902 800 S173116s00 1853 S64 100
Legal tenders..-- 75,04S 600 76629S0O 76 66S, 700
Total reserve 1924 800 s24a 7466OO s246 500
Reserve required
against deposits. 239 Sol SIS PAL 275
Reserve ......--.. $s.377,G75 slOOs4725 $5211525
Per cent Of reserve 259 26-O $50
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
THE WEEKS BANK CHANGES.

June % July 3. Changes
Toaps - 1913 746 go S917. 444 300 Inc SO 697 300
Specie 40 200 159. BOZ 300 Dec. 4,467 900
Legal tenders 10 OS3.60o I50tS6aO Dec. 800
Circulation .... OSS, 600 AZ 800 100 Dec. 1880
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
THE DAYS OPERATIONS IN BONDS.

GOVERNMENT BoNDs.-Market steady Final
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
OTHER CITIES.
GUARANTEED STOCKS.

'And interest. tEx coupon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
IMPORTS OF DRYeoops.

I65. 29S Total sales for the day UNLISTED.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-07-04
PHILADELPHIA STOCKS

FURNISHED by Dewing. Ruggles Mills No 80 wau-st
Ne~-fork. and No. l23 South 4th-st PhIadeIphial
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
WANTS PRAYER IN SCHOOL.
Rev. E. n. Shedd Of Sioux City Says
All Teachers Should Pray

All ieaCneTS 0nouto FTaJs
Special to Times Republican.
Sioux City, Oct. 27.-"No teacher
should be considered qualified for pub
Tic school work who does not believe
in God who will not open the school
Exercises with prayer. and who does
not accept the bible as containing the
highest religious and moral teaching.
Thus declared Rev. F. H. Shedd, pastor
If the Third Presbyterian church, in
i paper read before the Ministerial
association yesterday morning on Re
igion In the Public Schools"
Rev. Mr.. Shedd deplored the fact the
American nation had wandered away
rom the strict observance of the
founders of the nation. He said that
he fathers of this country believed that
he bible was the only source of true
religion. and they taught 1t to theil
Young people. They believed in wor-
shipping according to the dictates OF
their own consciences and the chill
lren's religious education was as much
4 part of their training as was the edu-
cation along other lines. In those days
he church and school We're never fal
apart. Often the preacher was the
school teacher. The bible was the
basis of their education.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
Will Contest Big Estate.
Times -Republican

Special to I1lnes-RepuDhcan
Sioux City. Oct. 27.-A rather sensa
tional case is recalled in the confess
Of the estate of James Fl. Blenkiron s
wealthy ranchman of Beldon, Neb
Some six years ago Blenkron, who
was childless. came to Sioux City an6
adopted an infant boy. Four years
later he was killed in Ct quarrel with
an editor of Belden newspaper. He
left no will for an estate which amounts
to about 100000. Under the Nebraska
laws when the child, Leroy, becomes
of age, he will receive two-thirds OF the
estate. the widow keeping her dover
interest If there We're no direct de-
scendants the two-thirds would go to
the next of kin. Now the brothers and
sisters are contesting the legality of the
adoption of the boy. The widow, who
has since married Henry Giebink OF
Alton, la, viii contest the case to the
bitter end.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27

brook, Mt. Vernon. w II. Gilbert. State
Center.
3. How to Use the League in Re-
vivals,'' Rev. w. T. Mcdonald, Algona
Mrs Ira o. kemble, keokuk.
4 How Train the Leaguers in Civ
ing" Rev Charles Pace Iowa confer
ence. T.. e. Boss. Rockwell City.
District Work Charge" Rev. c. w
Proctor Spring Hill.
Saturday Afternoon.
Devotional.
Business session.
Junior League. Charge of Mrs
Mckinl, state superintendent, 1'raer.
I. Minister'S Attitude Toward Jun
Tor Leagues" Rev. Il. L. Gruwell
Hampton.
9. Need of Young Men as Super
intendents and Teachers in Junior
Leagues" c. G. Paulson.
g. How to Make the Work Sue
coed" Miss Lizzie Grant.
Open parliament.
THE Epworth League and the Boy
Charles f. Johnson, secretary Z. NJ. c
A.. Des Moines.
"Evangelistic Hour" Iva May Dur
ham, ST Louis, Mo.
Saturday Evening.
Song service led by Rev. Mott Mitch
ell, Boone.
Lecture, "Dimity Government Rob
ert j. Burdette. Los Angeles. Cal.
Sunday Morning.
"Old Fashioned Love Feast" Rev. j
b. Harris. Boone.
Sermon. DR. j. r. Berry, editor Ep-
worth Herald. Chicago.
Sunday school.
Sunday Afternoon.
Address, Rev. A b Storms, presiden
Ames Agricultural college, Ames.
L,vangelistic hour. Iva May Durham
st. Louis, Mo.
Traer.
Epworth league President i. ]. Bias
sett, Fayette.
Sermon. Rev. Robert j. Burtlette, Lo'
Angeles. Cal.
Closing conservation service. con
Quoted by DR.. T. ]. Bassett, Fayette.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
PLAYED BASKET E,ALL.
Ellsworth College Defeated by the Al
den Contingent.

Special to Times Republican.
Iowa Falls. Oct 27.-The first basket
ball game OF the season to be played
by the Ellsworth College team was
played at Alden, Saturday and proved
an equal and interesting contest. The
score resulted In victory fer the Alden
team which is one OF the best in this
part of the state, by to 2. A return
game will be played between these
teams in this city this week The ELS
worth College team defeated the New
Providence football eleven here by q
score of IL to s. The Ellsworth Col
lege team meets the Iowa State Nor
NAL team OF Cedar Falls here next Fri
day.
Serious Crime in Franklin County.
Hampton, Oct FITTINGS have been
lively around Latimer during the
past few weeks and patience sought to
be d virtue last week when NUM-
Der of the citizens came 10 Hampton
and filed information before the coun-
ty attorney charging John Damn with
attempted rape on little girl. A
warrant was sworn out for his arrest
and Sheriff Wolfe went to Latimer
Friday afternoon, and brought Damn
to this city and placed him in the city
bastile. He was brought before Judge
d. w. Parks, and pleaded not guilty
to the charge, but was placed under
$4,000 bonds until his preliminary hear
ing. which has been set for next Mon
day. Attorney f. p Andrews will rep
represent the defendant in the case and
County Attorney b. II. Mallory will APP
pear for the state. We have no par
ticulars at hand concerning the al
legged offense Of the defendant, but we
understand evidence will be presente
showing that he attempted to commit
the crime on more than one occasion
This is one Of the most revolving crimes
on the statute books and the law pro-
vides and anticipates good heavy
penalty for those committing 1t. Young
Damn was married a couple of years
ago to a highly respected young lady
of Latimer. and her people are among
the best citizens OF the town.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
WOMAN BADLY BURNED.
While Trying to Protect Child Mrs.
Fisher is Injured.

FlSneT Is
Newton. Oct 27.-In her endeaNor to
protect a neighbor's child from pos
sihle harm here. Mrs. Joseph Fisher
sustained burns that will probably
cause her death.
During the afternoon. she had start
ed a small bonfire in the yard TO de-
stroy the leaves and rubbish which had
collected about the place. While she
was gathering the rubbish, neighbor's
child who was playing around the fire
got close TO 1t and Mrs. Fisher made
a dash to prevent the little ones cloth
ing getting into the flames. Either the
impetus of the rush she made or q
gust of wind carried her clothing into
the blaze and In an instant she was
a mass OF flames. She hurled the child
from her and endeavored to quench
the blaze. Her cries attracted neigh.
bors but not until her clothing had been
practically burned from her and her
flesh literally cooked.
Last night she was In horrible agony,
and ii is doubtful If she can recover.
Her husband is employed on the Rock
Island here. She is middle aged.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
To Hear Sullivan Speak.
10, ~ Times-Renublican.

Special to Times Republican.
Nevada, Oct. 26.-The Story county
democrats are preparing for a rousing
out pouring of the spirit here Wednes-
day when they will be addressed by
Hon. Jerry Sullivan, their candidate
for governor. Story county democracy
is not In the healthiest of condition and
q little enthusiasm like the coming
meeting is necessary to keep the fact
before the people that there is such
a marty in existence here.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
TEST sUlCiDE clAusE.
Ancient Order Of United Workmen Will
Uphold Their Policies.

Special to Times Republican.
Sioux City, Oct 2I.-Another test
of fraternal orders suicide clause
in beneficiary membership certificate
is to be made In the district court.
Mrs. Hannah r. Mullennix having be-
gun an action against the Ancient Or
der OF United Workmen. to recover
81, 900, the face value of beneficiary
certificate held by her son, Ellis Null
lennix. who committed suicide on June
%, 1908, in Sioux City. by taking car
bolic acid. Mullennix. who lived in
Coles addition. was out of employment
and was respondent. While his wife
was out of the house in the middle of
the forenoon he drank quantity of the
poison and died few hours later. Null
lennix was n member OF Sioux City
Lodge No. ISL. of the A. o. Z. W.
and his benefit certificate was made out
to his mother The lodge has refused
payment upon the policy.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-27
SUICIDE AT FEARING
orvilIe Guthrie, Young Farm Hand
Commits Suicide by shootins-Love
Affair Thought to Be the Cause.

Special to Times Republican.
Fearing, Oct. 21.--Cold and stiff in
death. and with a gunshot wound thru
his left breast as large as a mans
arm. the body of Orville Guthrie, a
young farm hand, was found near the
barn OF Daniel Dakin one mile east
of here Monday. A shot gun with an
exploded shell in the chamber was
found near the body. The suicide is
supposed to have been due to love
affair.
Guthrie was a young man in his
twenties, and had been employed as .
farm helper on the Dakin farm. He
was last seen Monday morning. When
the body was found life had evidently
been extinct for several hours as it was
cold and stiff. No letters or messages
of any kind had been found, altho the
general opinion is that love affair was
the cause.