davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1903-08-04
FAILURES IN JULY
UNUSUALLY HEAVY
More Bankruptcies Than in Same
Month for Ten Years.

Reports to 'Dun's Review from
branch offices of r. G. Dun & Co. in
the United States show liabilities of in
solvencies during July, s16 751,245 In
the same month last year the defaulted
Indebtedness was only s6, 1882. .S51, and no
other July of the past decade showed
as severe losses, July, 1896, coming the
nearest with liabilities of SIS. sol .O95
Failures numbered 915, against S25 in
the corresponding month last year, but
prior to 1898 the average was consider
ably higher than last month.
The statistics compare with the same
month last year in detail as follows:
manufacturing defaults numbered 253
with liabilities of s6,37S. .761, against 191
failures last year for 81, 56S, ,S55; trading
bankruptcies were e19 for 1851. 5O3
against 57S a year ago, with liabilities OF
Sz,sOo,S6S; other commercial failures, in
Guiding brokerage. real estate, and
transporters, except railways, were 80
In number and $4,000, 9s1 in amount of
derauited liabilities. against Sc last year
for S1.557, ,12S.
Each division shows more or less in
crease in liabilities as compared with
the same month last year. and the cor
responding month of most other recent
years, but 1t is encouraging to find thSt
the largest difference was caused by a
few large suspensions in Wall Street, due
to the speculative situation. rather than
to any unsoundRess in the Industrial
structure. Eight banks failed with liabil-
lties of $29S,3OO. compared with two for
S166. 900 a year ago
Liabilities of commercial failures in
the United States for each month arc
compared below:
The Washington times., 1903-08-04
HYkTTSVILLE NOTES.

HYATTSVILLE, Va. Aug. 4-The
dangerous target practice at the Ordway
rifle range. which for a long time has
been source of great annoyance to the
residents OF the vicinity, has been
stopped through the efforts of County
Attorney William NJ Lewis. of Hyatts-
VILE Through correspondence with the
Secretary of War the cavalry. whose
careless firing not long ago severely
wounded woman, has been removed
and assurances have been given that only
the expert marksmen who are practicing
for Sea Girt shall be allowed 10 shoot
and that the backstop shall be Imme-
diately replaced. This action eliminates
all danger.
The fire companies held their regular
meeting last night The lawn party
committee reported net proceeds. SOS. .45.
The committee on purchase of lot to
build a suitable house for a truck and
hose company reported that the lowest
price for a lot was 1920 for that belong
ing TO William G. Walker. of Washing
ton, on Spencer Street. Enos Harman
was admitted to membership.
Carrie Lee Blundon, of Riverdale, has
gone TO Norfolk for a months visit 20
friends.
Laura A. Laupp is visiting Luise and
Margaret Miller, of New York, formerly
of Hyattsville.
Lillian Brock, OF Washington is spend =
ing a week with Agnes Mudd
MiIlard Alton is visiting his parents
at Prince Fredericktown.
The Washington times., 1903-08-04
REAL ESTATE TRANSFERS.

T Street northwest, between Thir.
teenth and Fourteenth Streets-John c
Cook ct ux to Benedict j. O'Driscoll
part original lot 10. square 23s. so.
North Capitol Street, between B and
c Streets-James NJ. Place to Nationa
Herb Company, part original lots s and
10, square es5. $40.
Hanover Place. near North Capito
Street-Bernard P. Mimmack eft al. trus-
tees. to George Lautner, lot IA, square
GIT. s1.S35.
Tenth Street northwest, between NJ
and II Streets-Levi NJ. Collins ct al to
William H. Collins, part lot II, square
36S. SO.
Thirty third Street northwest, between
n and o Streets-George w. Casilear
ct ux. to Henry Verr. part lot 1O3.
square 1929, SO.
Thirteen -and-a-haIf Street south
west, between B and c Streets-Lulu B.
Hofmann ct vir, Percy H., to Floyd E.
Davis, part original lot %, square 263,
SO. Floyd E. Davis to John Riddle, jr,
part same lot, SO. John Riddle, jr., ct
ux. 70 Benjamin F. Thompson, same
property, SO.
z Street southwest. between Cana
Street and Delaware Avenue - John
DAILY ct ux. to Manor Real Estate cnd
Trust Company, lot D, square $40,
50. 100.
n Street southwest, between Four-and-
a-half and c Streets-Sidney T. Thomas
ct. al. trustees, to Henry z. Trip, or
iginal lots to II and ~. and part or
iginal lot u, square 502, $13.369.
Street southeast. between Fourth
and Fifth Streets-Sallie C. Wilder ct
vir, James r., 20 Esau and Nellie Will
liams, part original lot 5, square SIS,
$40.
Alley between D and z, Twelfth and
Thirteenth Streets sOutheast-MadisOn
Whlpple ct Ux. TO Thomas p. Howard,
lots 80 TO 46 square 1918, so.
Chicago Street northeast, between
First and Second Streets-Lester d.
Platt ct al, trustees, to Washington
Terminal Company, lot 164, square 72O.
$25. 900.
Asbury Park-Thomas J. Giles to John
T. and Esther A. Fawcett, lots II and IS,
block 3, So
Moore & Barbour's Addition-David
Moore ct ux. to Warren L. Pushaw. lot
2. block I, SO.
bingham Place-George H. Nolan ct
ux. 70 Mary J. Baldwin, lot q, block IL,
so. Mary J. Baldwin conveys same
property TO Cora 3. Deeble. $40.
Addition to Anacostia-Edward Dem
ing ct ux. to John II. Dewdney, lot 233.
1915.
Winthrop Heights-J. w. Brashears
ct ux- to Mary w. Loomis. part. SO 900.
Florence Court, northeast. between F
and G streets-Bernard Mullen ct ux, to
Daniel Johnson, lot 90, square 1851, $40.
The Washington times., 1903-08-04
MORE IRON AND STEEL
IMPORTED THAN EYER
Aggregate Greater in 1908 Than
Any Year Since 1894.

Importations of iron and steel into the
United States In the fiscal year 1903 are
larger than in any preceding year since
1891, and with that single exception are
larger than at any time within the past
twenty years. In only seven earlier years
In the history OF the country have the
importations of iron and steel been as
large as those of the fiscal year just
ended.
The total value of iron and steel i'm
ported In the fiscal year ended June 30,
1903. as shown by the figures of the De-
partment of Commerce and Labor
through its Bureau of Statistics. is $751;
6l7, ,312, against $27, $50 ,247 in 1902, $17,-
874.789 in 1901. and 81. 2.1OO.44O in 1893.
Running back through the import record
from 1850 down TO 1903. the only years
in which the value of iron and steel i'm
ports exceeded those of 1903 are 1872,
when the total was $50, $40 ,18s: 1873. s59.-
30s. .452; 1850. s53, 3,714, ,OOS; 1881, So, ,6Oz,-
AT; 1882. s67 976. .S97; 1888. $5S, ,495, ,246, and
1891, s53, ,544, ,272.
These large importations. of iron and
steel have occurred, it will be seen, IN
periods of exceptional business activity,
but on no former occasion have such
large importations been made in the
face of so great home productions OF iron
and steel. In 1891, when the importations
were $4,000, 900 greater than in the year
just ended, the total home production Of
pig iron was only $500. 900 tons. while
that OF 1902 was over II. 600, 900 tons, or
double that of 1891. In the period from
1880 TO 1888, when the importations Of
iron and steel were larger than those OF
1903, pig iron production only averaged
about 1000, 900 tons per annum, or less
than one-fourth the annual production
Of the present time; and in 1872 and 1873,
when the importations slightly exceeded
those OF 1903, the pig iron production
averaged only $4,000 tons annually,
against 100000 at the present time.
This large increase in the importation
of iron and steel is chiefly in the partial
ly manufactured grades.
The Washington times., 1903-08-04
DAILY STOCK MARKET REVIEW
Prices Again Saggng-Whole List Affected by Heavy
Decline of Consolidated Gas, Owing to Big
Issue of New Stock

NEW YORK. Aug, AT the outset a
few slight fractional improvements in
prices occurred. but by the end of ten
minutes traders began Offering stocks
here and there through the list. Deal
ings showing some increase in activity
over yesterday. Brooklyn Rapid Transit
fell point. Steel Preferred lost rs and
common q, New York Central q. fall
ing to 11S&. the lowest price recently.
Fractional losses were sustained in other
railway issues. Consolidated Gas fell 1
points. due to announcement of new is
sue of treasury stock.
The professional element made a
demonstration against the market after
the first fifteen minutes of business, bas-
ing their operations apparently upon an
The Washington times., 1903-08-04

extreme decline of seven points IN Con-
solidated Gas to 1872. The movement
was attributed to the announcement of
new issue of $4,000 900 of treasury
stock, to reimburse the company for
necessary expenditures for improve
ments. Another feature was compara-
lively brisk selling of steel. in connec-
tiOn with reports that the resignation
of President Schwab would be accepted
today.
Steel common declined IL and pre-
ferred rs. The latter came within a
point of the extreme low record reached
in the recent decline. Losses of Y 20 u
were recorded in the standard railway
list. Brooklyn Rapid Transit lost q
point and North American per cent.
Government bonds unchanged.
The Washington times., 1903-08-04
FEASTING CONTINUES
ON EUROPEAN SQUADRON

The European squadron Of the United
States Navy Will probably go to Mediter-
ranean ports after leaving Portugal
This statement was made at the Navy
Department this morning.
Admiral Cotton. in command OF the
European squadron, sent Secretary
Moody the following dispatch:
Lisbon. Aug 3.
Luncheon thirty covers today to
cabinet ministers and ranking officers
army and navy. All ministers present
except one absent from Lisbon. Toast
10 President and King enthusiastically
received and feeling response by pre-
mier. Official reception tomorrow will
conclude international ceremonies.
COTTON"
The Washington times., 1903-08-04
GAS CoMPANYs RECEIPTS.

In accordance with tho terms of its
charter, the Washington Gas Light
Company has submitted 10 the Commits
sioneFs a statement Of it's receipts for
the fiscal year just closed. The state
ment shows receipts from all sources to
be l,462 s351-24. against an expenditure
on all accounts OF 81, AS, 1921
The Washington times., 1903-08-04
WAGON STAND OBJECTED TO.

A complaint has been made to the
Commissioners against the maintenance
of a wagon stand in front or premises
1912 10 134s Q Street northwest. The
complaint, which is signed by Emily S.
NJ Chisholm and Or. A Frances Foy.
has been referred to the Police Depart
ment for report
The Washington times., 1903-08-04
ANOTHER FIRM SUES
WATSON & LAPHAM

In connection with the suit Of John
F. Mccormick versus J. NJ. A. Watson.
and w. r. Lapham. the Globe Printing
Company has intervened as a creditor Of
the defendant. II contends that Wat
Ion & Lapham are indebted 10 It in the
Sum OF S113.6S
The Washington times., 1903-08-04
Lost LARGE Sum of Money

Mary Carter, living at tl,e Marlborough fats.
last night reported 10 the police that while on
the way t. deposit money in bank yesterday
afternoon she lost a roll Of bills containing
$Z74. No trace of the money has been found
The Washington times., 1903-08-04
WASHINGTON STOCK MARKET

Sales-CapitaI Traction Company, 2O0
12O1a. 2OG12011. 13q1201a. 2O@120. 1O4
120. 5G120.
Washington Gas, 4d59B
Mergenthaler. 1Oaf7Oas. 1OG171. 1OG
III. 1061701a. 10G1701k, 10d170, 10q
1898, 10G169H.
The Washington times., 1903-08-04
SUPREME COURT OF THE DISTRICT OF CO.
IIrMRIA UOI DING PRIOR ATE CnITRT

SUPREME COURT OF THE DISTRICT OF CO.
LUMBIA HOLDING A PROBATE COURT.
No IL, 492, Administration.
This is TO give notice that the subscriber. OF
the District Of Columbia, has obtained from
the Probate Court Of the District Of Columbia
letters of administration I. a. the estate of
Bernardo ManteRari, late of the District Of Co
lumbia, deceased. All persons having claims
against the deceased hereby warned 70 ex-
hibit the same, with the vouchers thereof
legally authenticated, to the subscriber on or
before the 24tk DAY OF JULY, A. u. 1903 !;
otherwise they may by law be excluded from
all benefit OF said estate.
Given under my hand this 9th day of July
1903. MICHAEL GATTI
Attest;
(Seal) JOHN r ROUZFR
Deputy Register OF Wills for the District Of
Columbia. Clerk Of the Probate Court
r. F. DOWNING, Attorney. jy26-au4,l II
The Washington times., 1903-08-04
LOANS OF $40

AND UPWARD ON FURNITURE AND PIANOS.
at lowest rates and IN the day you apply We
are leaning Oh the Building and Loan ASsoeia-
tiOn plan which makes the sost OF eaFryins
loans mIch less than you pay e--ewheEe and
allows yua 10 pay il of IN any sized notes you
desire, running from. one 70 twelve months II
you have a loan with some other coInpany Ne
viii pay il Of and advance you more mohey Il
desired. Rates cheerfuly given. and no cost
to you unless loan i made Call and set ratsG
Front room, first floor.
NATIONAL. MORTGAGE LOAN CO.
CPS = 81. \. " apI-tf
The Washington times., 1903-08-04
NEW YORK STOCK MARKET.

reported by ". B. Hibbs & Co., 1919 F
Street; Members New York Stock Exchange,
Chicago Board of Trade. Washington Stock Ex-
change.l
The Washington times., 1903-08-04
CHICAGO GRAIN MARKET.
Especial to The Washington Times.)

Especial 70 The Washington Times.)
CHICAGO. Aug. 4.-The following
prices were quoted on the grain mar
ket today:
The Washington times., 1903-08-04
NEW YORK COTTON MARKET.

NEW YORK. Aug. 2.-The following
prices were quoted on the New York coz
ton market:
The Washington times., 1903-08-04
LEGAL NOTICES.

SUPREME COURT OF THE DISTRICT OF CO.
LUMPIA, HOLDING 4 PROBATE COURT.
No. l,602, Administration.
This is to give notice that the subscriber,
Of the District Of Columbia has obtained
from the Probate Court Of the District OF Co
lumba letters OF administration on the estate
of Clyde Walker Dawson late Of the District
Of Columbia, deceased. All persons having
claims against the deceased are hereby warned
to exhibit the same. with the vouchers thereof,
legally authenticated, TO the subscriber on or
before the 9th DAY OF JULY, A. d. 1904
otherwise they may by law be excluded from
all benefit Of said estate.
Given under my hand this 27th dav of July,
1908 JOHN W. DOUGLASS
Az Louisiana Avenue
915 d Street northwest.
Attest
(Seal) JOHN r. ROUZER,
Deputy Register of Wills for the District of
Columbia; Clerk Of the Probate Court
COLDREN & FENNING, Attorneys.
jy2s-au4.ll
The Washington times., 1903-08-04
PERSONAL.
NIB. ERVlNG MILLION.

PALMIsT AND HYPNOTIST, 9l+ New York ave-
NV. Through HYPNOTISM a person can be at
tracted toward you, caused to like love and
respect you; erring friends. wives husbands
can be Influenced to act properly, etc HYP-
NUIlSM taught. Hypnotism is easily learned.
PALMISTRY- Hands read daily Ladies, so
cents gentlemen, 81. Hours. to 8. Il
THE WAY TO LIVE is the workinCman's way
He buys a good suit of clothes slightly used
for lowest prices at JUSTH'S OLD STAND el9
St au97t
MADAME CATHERINE, sos 5th st. NV, tells
good fortune for 25c to ,yone bringing this ad.
Gives luck. au9-9t
'MME. ZAtRA,"
Palmist, Card Reader removes smells eyivcs
luck readings, 25c and soc; free horoscopes.
727 oh ST. NV. au28t
The Washington times., 1903-08-04
Opening

Market opened quiet; 3 to 10 points
higher Noon. market steady.
The Washington times., 1903-08-04

Latest London cables today report
some buying orders from this side in
New York Central, Pennsylvania, and
Erie common, with the result that the
stocks have been advanced u to q over
! our closing prices. On the other hand,
Louisville and Nashville Is down Il
point. and Union Pacific, Illinois Cen
trail, Chesapeake and Ohio, Reading, and
Southern Railway preferred are u low
er. st. Paul Erie, Atchison. and Steel
preferred are up 4 Consols are un-
changed at 91%
The Washington times., 1903-08-04
Money Loaned SalaTied People.

without seCuri' =: largest business n 4o prin,
ctpal cities OMAN. Room l0l. sSs 18th s.
an. xalASx
The Washington times., 1903-08-04
FINANCE AND CONNER CE.
CURRENT NEWS AND GOSSIP
OF INTEREST TO INVESTORS

The issue of $4,000, cSe new stock by
time is unfavorably received by the
trading element. and there appears TO
be little support to the stock.
The Washington times., 1903-08-04

Dividend studies are reviving as nqui-
dation ceases and the market becomes
inactive. The 'Wa1I Street Journal
finds that. comparing recent prices with
the lowest of 1S9S the average dividend
yield of 20 active railroad stocks, divi
dend and nOn-dividend paying, has dou
bled. Even at the highest prices of 1902
the average dividend yield was greater
than at the lowest price of 1898. But
the average price is now far from dou-
BILE, having risen from 65.66 in 1898 to
1886 in 1902, only to recede to 81 at
present. The yield on the prices. as
distinguished from the dividend rate.
rose from 3.16 in 1898 to 1886 in 1902.
and is now 4.4S. The question whether
stocks now are better purchases gem
orally than In 1898 depends upon whetk-
er the present rates of dividends can be
maintained.
The Washington times., 1903-08-04

THE reason why the loans Of the New
York clearing house banks do not de-
crease is very plain" says an officer nt
one of the large banks. when call
money declines to 2 per cent the trust
companies retire from the market and
let their deposits accumulate in the
banks which pay them 2 per cent. The
banks have to do the best they can with
these deposits They must maintain
against the deposits a reserve of 25 per
cent and often cannot get more than 1A
Per cent for call loans. On the other
hand. when money rates are high the
trust companies draw upon their deposits
and loan them
The Washington times., 1903-08-04

Opinions by railway officials as TO their
roads prospects abate nothing of the ac-
customed cheerfulness. They deny that
some decrease in the eastward movement
signifies anything regarding the crops.
The Washington times., 1903-08-04

Calamity stories are specifically contra
dicted. The crop is said to be late.
merely, and the farmers to be intent
rpon realizing high prices by holding for
the rise, which their financial condition
permits. Proof of this is asserted in a
rather unusually large westward move
ment of merchandise, which would not
be in progress if farmers were poor or
expected to become poor.
Speyer & Co. and Kuhn, Loeb & Co.
have purchased in partnership with the
Mexican government, lOO, coo shares of
Mexican Central stock with a view to
merging or operating in harmony the
Mexican Central and Mexican National
properties. 1t is an extraordinary coin
cidence that the very day the govern
ment signed the decree permitting the
railroads to advance rates to a basis Of
so cents in gold for the silver dollar
Stow failed, and Speyer & Co., in part
nership with the government, acquired
the Stow holdings.
The Washington times., 1903-08-04

Private advices from Chicago say
money is becoming rather scarce there.
Call rates range from 512 to 6 per cent
and there is a reluctance on the part of
TO put out funds on time.
The Savannah morning news., 1903-06-03
TIL
The Frigid Zone,
For Summer Homes.

What housekeeper wouldn't jump at
the chance of keeping her provisions in
cave in an iceberg near the North
Pole?
And yet a RATOR is bet
ter in dozen ways-if it's a good one.
Take the "ODORLESS REFRIGER-
ATORS' for instance.
They offer cold storage place that
is splendidly ventilated. They are en-
tirely different from the usual refrige-
rator, which is simply a cold. damp en-
closure that sweats the foods and mix
es the odors of the various provisions
in the alright closet. Simply cold air
is not good. Goodness alone will not
preserve food. A damp air of low
temperature will discolor meats and
make them sticky. A cold dry air at
high temperature will Keep them firm.
The ideal refrigerator, and this is the
"Odorless," produces a dry cold air of
low temperature, because of the scien-
tific invention which produces a circu-
lation of cold air from the ice chamber,
that is carried down through a cold
air-flue between heavy walls to the
lowest point of the food chamber, fore
ing up a lighter and warmer air to the
top of the provision chamber, where it
escapes through side ventilators to the
open air outside, and cannot get back
again over the ice. Any housekeeper
will recognize the logic of this theory.
Mrs. Rorer and other experts on good
housekeeping have been enthusiastic
in their praises of the "Odorless" Re-
frigerators. Their construction through
out is just as thorough and successful
as the scientific arrangement of the air
circulation. Prices are very reasonable
The Savannah morning news., 1903-06-03
BUSINESS LOCALS.

George Wagner's Son, Savannah's
leading and reliable florist Now is the
time to order a choice selection of the
most beautiful roses of all kinds.
Frank Werm, jewelry store ia Bull
street, is showing beautiful line of
ladies' watches and chains at popular
prices. Save money by buying at
When you want frst-class trunk
that's made by a frst-class trunk
maker, call on Chatham Trunk Fac
tory, Broughton, corner Abercorn.
Chas. A. Cox the practical tin-plate
and sheet iron worker; tin, slate, tar.
gravel and tile roofing: best work:
lowest prices. 142 Barnard street.
A. L. Desbouillons, the reliable lew
eler, is showing a fine line of watches.
clocks and jewelry ware. Get prices on
rings, pins and charms. 43 Bull street.
The Georgia Steam Laundry are
worthy of the large patronage which
they are daily receiving. You are for
tunate to have your clothes laundried
by them.
j. W. Teeples great sale continues
on furniture, carpets and stoves. The
people say Teeple's prices are the low
est. This accounts for the large sales.
Cut prices in water coolers, ice cream
freezers, ice chests, watering pots. Nv
fans, hammocks, hooking bird cages.
flower pots, jardineres, fruit Jars. rub
Der rings, show cases. We give tickets
for the automobile, Savannah Crock
cry and Hardware Company, 800
Broughton, west.
The Savannah morning news., 1903-06-03
CHANGES IN THE CAR WORKS.

A meeting of the board of directors
of the Georgia Car and Manufacturing
Company was held in the offices of
O'Connor, O'Byrne & Hartridge yes
terday for the purpose of acting on
the resignation of Mr. ]. ]. McDon-
ough, Jr., who has severed his connec-
ton with the company as it's secretary
and treasurer in order to take care
of other interests.
The resignation was accepted and
Mr.. N. NJ. Carroll was elected acting
secretary and treasurer, to fill out the
unexpired term. MIR Roy c. Foster,
president of the company has also re-
Gently made the following appoint
ments: Mr.. c. H. Taylor chief clerk
and cashier; Mr.. c. b. Deming, pur-
chasing agent.
The plant is now filled with orders
and things are taking on a very busy
aspect, hence the appointments be-
came necessary in order to take care
OF the increasing business Of the COM
pany.