davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1903-08-08
BETTER MARKET TONE.
improvement an StOckS-Driue at
c. p. and 800 Issues.

After having opened with prices generally above
Thursdays close, and having shown I'm the early
dealings fair measure OF strength. the stock
market at little after suffered setback
through what was apparently a bear drive"
against Canadian Pacific and the 500" issues. the
success Of this demonstration causing renewal Of
uneasiness 10 the possible revival of bear activity
and sggressiveness. After the attack against the
Canadian stocks had been delivered, however, the
market hardened moderately. and the close was
dull and steady. with irregular price changes.
Canadian Pacific opened at 1925, "a per cent up,
and by had declined TO 12lI4. A few minutes
later came a rumor that there was trouble in the
financial district Montreal and that the Montreal
Stock Exchange had closed AS matter of fact
there was no trouble whatever. and during the
month of August the exchange is open for business
only between 10 "a and 1870 p m. for five days
Of the week and it is understood that on Saturday
il is closed altogether.
But the rumor was promptly followed by enor-
nous selling of Canadian Pacific. which speedily
broke 10 i1s. only fraction above the low record
OF the year. The stock quoted in long strings
the tape, and for short time monopolized most
of the business. An idea of the way it rushed
downward may be had from this clipping from
the tape:
c. A-1lsls. y. =. 11s. nSzs. q. S. a. 3, q, IS;
1900 = 4, z, Is, Z, T. Is 1lS IS 4, %s, a i; 1000
1l8
Canadian Pacific closed 1888, net loss for the
day of 2l4 points. The common stock of the Mime
apolis. St Paul and Sault Ste. Marie road. which
is closely related the Canadian Pacific opened
49, point under Thursdays close, sold al 4ol2
noon, and in the subsequent drive was forced
down TO 42 maximum loss of points 1t rallied
46 at the close, net decline of points. while
the preferred lost points Twin City Rapid iran
sit not affected losing only i OF point on
the day.
The market throughout the dav showed sats-
factory tone. Soon after the opening it became
evident that the pressure of realization selling, on
the sharp advance Of Thursday afternoon. was too
great TO permit of a further rise in prices but II
also seemed that support was given the market
declines the result being an absence, except
Canadian PaCl1C
moralization of sentiment which prevailed on the
preceding morning. II believed that some
large settlements had been effected by the taking
over Of important holdings OF various stocks by
private agreement. thus relieving certain weak
points in the situation.
New-York tribune., 1903-08-08
VICTORY FOR SUGAR REFINING co.
Need Not Pay Duties on Merchandise In
ported from American Possessions

Judge Ray in the United States Circuit Court
handed down two decisions yesterday overruling
the demurrers taken by Collector Bidwell in the
suits of the American Sugar Refining Company TO
recover duties upon certain sugars brought from
Panay in the Philippines and from Porto Rico. The
refining company sued for S5S.G27 49, with interest
from October IL 1899, in the Of the Philippine
sugar and for $21.76 % on the Porto Rico sugar.
with interest from April Is 1899. The allegations
Of the plaintiff say that the illegally
exacted and collected by duress of the goods
The action MAS begun in the Supreme Court and
removed to the United States Circuit Court Col
lector Bidwell demurred to the complaint on the
ground. in the Panay case. that when the sugar
was shipped March H. 1899. the Philippine ISL
ands were foreign territory. the Treaty of Paris
vas not ratified by the Spanish authorities until
March iS and by the Washington authorities until
April H. The planrif argued that no article
imported from a foreign country until it had act
ually arrived within the port of entry: that the
ratification OF the treaty had a retroactive effect
and that consequently the Philippines United
States territory in view Of the ratification
soon as the treaty signed in Paris. December
10. 1895. Judge Ray in his opinion says in part:
1T is quite clear that the Philippine Islands
a foreign country at the time the exporta-
ton OF the sugar ended, and the importation into
the United States commenced; but it is equally
clear that the Philippines ceased TO be foreign
country when the sugars arrived at the port Of
New-NOr 1t would that merchandise is TO
be deemed imported on the day when it arrived
the port Of entry, and not before. The demurrer
or the defendant must be oVerruled. with costs So
ruled"
The same arguments were advanced by the col
lect0r and the plaintiff in the Porto Rican sugar
case and Judge Ray decided to OVerrule the de-
murrer on the same grounds as in the Panay sugar
New-York tribune., 1903-08-08
THE PLANS COMPLETED.
Proposed Readjustment of Securities of
Mexican Central Railway Company.

Plans for the readjustment Of the securities of
the Mexican Central Railway Company have been
completed. A committee consisting of I4adenburg
Ihalmann & Co. and the Equitable Trust COMPANY
Of this city; the Mississippi Valley Trust Com
pany. Of ST. Louis; the Old Colony Trust Company.
Of Boston. and J. Henry Schroeder. OF London. will
offer TO convert the several issues of existing in
come bonds. aggregatinE about $32.00OO0. into new
short time, low interest bearing debenture certif-
Gates. These debentures win TO 1905 paying
Der cent interest for the first three years and per
cent for the remaining two years 1t is distinctly
stated that attempt wiI be made to increase the
present capitalization of the company; on the con-
trary, the proposed readjustment aims at reduc-
ton Of this capitalization
There are outstanding OF the first consolidated
income bonds S20563 40 and Of the second consoIi-
dated income bonds Sl.2S2 900. Each series is en-
Titled 10 per cent yearly when earned. and both
would mature on January 10. 1889. The first in
comes sold yesterday the Stock Exchange al
lIi2 and the second incomes at i.
New-York tribune., 1903-08-08
BIG DEPARTMENT STORE TRUST.
Incorporated at Trenton - Its Capital
S5,0O0,OOO.

Trenton, y. j., Aug. What is supposed to be the
beginning of a mammoth department store trust
was the filing here to-day of charter for the Cash
Buyers Union First National Cooperative Society,
with capital OF $5,O0OOo0. James b Dill, of New
York, filed the charter. Stock to the amount of
LOCO has been paid in. The shares have par value
of SO. Two hundred fifty thousand shares
carry a fixed cumulative preferential dividend of
per cent payable semi-annually, beginning Febru-
AIRY and August. 1904
The charter gives the stockholders the right to
contract with the society. thus validating what
usually is prohibited in big concerns This would
seem to indicate that the who the Organi-
zaton be directly interested in the subsidiary
concerns. Its charter gives the society the right
establish, conduct and manage general depart
stores in every State in the United States and
of merchandise.
New-York tribune., 1903-08-08
WANT STOCKHOLDERS TO SUBSCRIBE

The report from Philadelphia that syndicate had
been formed in that city for underwriting the
Sl25o900 bonds about to be issued by the Consoli-
dated Lake Superior Company was denied again
yesterday by local interests identified with the prop
eTty. T. J. BerWind. who is a director of the com
pany. said:
We are earnestly endeavoring 10 show stock
holders the necessity of their coming forward and
subscribing to the o. 10000 bond issue
For some reason certain persons trying 10
make IL appear TO stockholders that will be all
right whether they subscribe to the bonds not.
II IS not correct that syndicate has been formed
70 underWTite the bonds that an extension of
time has been granted in which stockholders may
subscribe. This matter has not vet been considered
g we have been working 10 impress stockholders
with the importance OF the proposition that they
subscribe for the issue.
President Shields. who has been in the city, has
returned Philadelphia
New-York tribune., 1903-08-08
STEEL MILLS CLOSED.
Repairs To Be Made at the Carnegie Com
pany'S Works.

Pittsburg Aug. Three of the sixteen mills of
the Homestead Steel Works have closed for neces-
sary repairs, throwing out of employment about
I'VE hundred men. The suspension at this time is
not unusual, and the officials say that it is with
out significance. In the next few weeks many of
the mills and furnaces of the Carnegie Steel Com
pany will be closed for repairs The time OF clos
ing will vary according to the time required for
the improvements to be made. The refining of the
Duquesne Furnace No will be the most extensive
work to be done.
There are other departments involved, however
and while there orders waiting for each of the
mills aHected. the officials believe that August is
the most favorable month IN which to make the
pairs as no business is as pressing at this time as
in the fall, winter and spring.
New-York tribune., 1903-08-08
KODAK RIVALS BLAMED.
Director for Eastman Company Talks of the
Suit Under the Antitrust Act.
ley TELEGRAPH TO THE TRIBUNE.


Rochester. Aug. THE action begun under the
Antitrust law by Hastings G. Miller against the
Eastman Kodak Company, of New-York and New
Jersey. and the American Aristotype Company Of
York has aroused interest in this city where
the head Offices Of the company located Nego-
tiations are hardly ended the absorption of the
Rochester Optical and Camera Company by the
Eastman concern Walter s. Iubbell, a director
and attorney for the Kodak company. said to-day:
1t is nothing but a trumped up job by jealous.
disgTuntIed trade rivals. Our company has vio-
lated statute, Rochester stockholders rest
assured of that. For years have had litigation
with a rival firm. We have two suits pending and
now they choose TO strike by means of catspaw.
As TO the assertion that we command 30 per cent
Of the trade. it is arrant nonsense The manufact-
urers Of Photographic materials increasing"
New-York tribune., 1903-08-08
HOME NEWS.
PRoMINENr ARRIvALs In THE HoTgls.

ASTOR-State Railroad Commissioner F. NJ.
Baker, of Owego. EARLINGTON-Captain William
{. Hurter, l. s. 4. G. S. FIFTH AVENUE
Angus MacI<intosh of Glasgow. GRAND-Captain
9. II. Davis, I. ). A; Captain w Y. Judson,
l. s. A. HOFFMAN-A. Harold Ayres of Mel
bourne. HOLLAND-EX-GOvernor y. o. Murphy,
Of Arizona. IMPERIAI-P. Strong, of London.
MAJESTIC-J. P Martin, of Sioux City; {. NJ.
Rodgers, of St Louis. and J. Clyde Foster of
Providence. MANHATTAN-J. Mayhem. of Dur
ban, South africa; Lady strettonham, Of London,
and w NJ. Parks. l. :. y. MURRAY HILl-C.
II. Ames. OF Boston. and o. G. Staples, of Wash
ington PLAZA-R. ". Winterberg, of Budapest.
SAVOY-Sydney Rothschild. of Havana. UNION
SQUARE1Mayor T f. Dornet, of Cobleskill
WALDO r. Wainwright of San
Antonio Tex, and Captain Frank B. McKeunan
of St. Louis, WESTMINSTER-Th Rev. DR. w
r. Richardson, of San Antonio Tex. and Reginald
e of IiVerDoO 9'-
New-York tribune., 1903-08-08

Wight. Aug 6-Passed. rhemIsto Dutch
Coolen. New York for Hamburg and Rotterdam.
Scily, Aug Passed, steamers Rotterdam tDutCnl,
Stenger, New-YorE fer Boulogne and Rotterdam.
Friedrich der Crosse Ger. Eiche,. New-YovG tor
Plymouth. Cherbourg and Bremen.
Hull Aug 6-Arriyed steamer Toronto tBr,. Walton.
New-York Via London.
Manchester Aug G-Arrved. steamer Titan tBrl. Amey
NoV-York
shields Aus e-Arrivea, steamer Capri tGer. LivOri
New-York tribune., 1903-08-08
BUSINESS TROUBLES.

Justice Dugro. of the Supreme Court. yesterday
appointed James J. NeaIis receiver for the assets
of the copartnership of Cohen. Silber & Co. fur
reiners at Court and Ridge SITS. Astoria Long
Island pending a suit brought by Davis Silber
Annie Chambers and Jacob Schneider against
Joseph d Cohen, their partner, dissolve the CO.
partnership
Julius Isear has been appointed receiver for the
stock and assets of Mailman & Fridrich manu-
facturers Of shirtwaists at No 4S1 Broome-st., by
Justice DugTo, of the Supreme Court, in suit
brought by Morris Mailman against Nathan Frd-
rich. his partner to dissolve the partnership. The
assets exceed $4,000.
New-York tribune., 1903-08-08
PETITIONS IN eANKRUpTcY
The following petitions IN bankruptcy were filed
yesterday in the United States District Court:

yesterday in the United States District Court:
IsAA, L. slNIER. clothing at No. 63s Broadway
Liabilities, s. 400 including promiss1ry 81 900
10 the Butchers and Drovers' Bank; assets.
hand, $1,000, and 81, ,493 in outstanding
II. & J. CLEI4AND builders. No ! Madison-ave
Liabilities. S1jSl S15f50 including an equity
The valued at 81. 600
MAN D. EISEN. teweller No. Third-ave. LA
biIities 81. .CS4- assets.
KANIS & LURE. shirts at No. ~ Waker-st Liza
bites so rs 46 assets stock 1851. outstanding
accounts. $3.50 &c
FUCKER q LOEWENKOPF. drygoods. at Nos 80 and
Cl Hester-st Liabilities. s13o24 16 assets on
hand. 5000; outstanding accounts $2T5
JOHN NJ. IRVINE. furnishings. No
Eighth Liabilities. So 421 %; hand,
Creditors Of MAIMAN & FRIEDRICH. dealers in wonl-
ems shrtwasts, have petitioned have
involuntary bankrupts The claims filed Oscar
Buchh2ter. $500 cash oared. Rethschld & Helm S636
Solomon Fririch * Co. Sl.16l 81 and Henry Newman.
S26S 5S all for goods delivered.
". F INGOLD, Of No. l01 EiEhty-1rst- st. filed
petition giving his liabilities S39S4 O7. The papers
assets. d. describe the bankTupts bUs!
New-York tribune., 1903-08-08
ASSETS OF EDWIN S. HooLEY & co.

Louis B. Rolston. assignee of the Stock Exchange
firm OF Edwin s. HOoey Co. has received leave
from Justice Dugro. OF the Supreme Court. 10 file
a provisional bond OF $4,000 until the assigned
firms schedules filed. when the amount OF the
bond will be fixed by the court. The actual value
Of the assets which win come into the hands OF
the assignee is 10000 The assets consist OF cash
on hand and in bank $4,000; securities. So OO0
crifies pledged over and boye loans Si65O00 seat
fn NeW-York Stock Exchange. 5000. Turner, Rol-
ston & Koran, Of No. y William-st- are the at
forneys for the assignee.
New-York tribune., 1903-08-08
MINING MAN A SUICIDE.

Colorado Springs. Col. Aug. William G.
Shapiott for the last eight years mining and real
estate man here. shot himself through the heart in
his Office in The Gazette" Building last night He
left ying that financial troubles had driven
him to suicide, His wife found a note bidding her
goodby and saying that he had struggled against
fate long enough, and would shoot himself
as he got to his office She Immediately informed
the police, but they arrived five minutes too late.
New-York tribune., 1903-08-08

ste;sn. Aug ARRIVED steamer Nau9a Ger. KFaei
New York for Copenhagen. , tf,ru,
Copenaagen. Aug 5-ArTtved. steamer Island 'Iani' 49,
- New York via Christiansand . IN.
dRNre. Aug J. a m--NrrtVcd. steamer Ia eEeeas-N
Poncelot. New-York.
Palermo. Aug i-saJed SIT amer Monviso dtah' S'S-
mini. NeW-YoTk
Pernam6uco Aus sailed. steamer Byron 'sfl' OA''s
ttrom Rio JaneirO vtcl. Nev-NorS- -. 81.
Barbados, Aug S-Sailsd. steamer sailor ftiN~9
Jones from Rio Janeiro. etc). SeN-4oFA-
New-York tribune., 1903-08-08
MOVEMENTS OF STEAMERS.
FOREIGN PORTS

Liverpool Aug Arrived steamer CevIc tBr CLARKE.
New-York; sailed, steamer Victorian CBr. Gavin.
New-York
Southampton. Aug = 4lO m-saned. steamer Buscaer
New-York tribune., 1903-08-08

the debtor:
Aufermann Frederick "A Grupe and another. s135
Allen. Harriet P-J a Snyder and another. q33
Alexander. JChn-B Russotti. ..-....--......
Cameron Bertha-Siede Fur Company. .........
Calarco. Gaetano-Third Avenue Railroad Com
many :.:........... los
Bauer. Julia and Nalentine-E L Becker and an
olner li3
EhrliCh. John-B .........
Fox. MARY Southerland 39s
Alorecht FredeTlck-E e Pen and another.
SIreye 1lelen L Mi A Sebrecht. 439
ftorah James tIulIfoyle
Howard Frederick Sc McGiourkny ........,. 1880
pany ................... 25o7
LennoN' Mhllam &C II Dunstan. ........... $50
Lawton, Manzo Z and Bradley John T Aioye
Manufacturing Company ..................... 7 759
ilchau ,uIlus-J Austetf-.- ..--..---.
StehkeT N"rtiiner i-t-asteTn Lumber Company.
MOnketriCh. Lucy A-B MaCFadden Ioq
Thon9x mo 4 Naunai Ii1nK-rM Me1eI 1883
other costs ....-....... s67
Manhattan frnss C9IniEany-D \ CoTbet-
Peck Jules-W b Franklin and another ms
Robinson; Henry ti-Aetrapolitan Trust Com
amy OF the city OF New-Hork .-.......-...... II2
Ryan JGhn-l 9 foA; .--.............
SleIoer sI!laIi-l esteem
Ihih Ncholas =. $lchIl S505
Io4slta -1ustiA A 'Iatne5 III
walker fsnhy-N Sidley Jr--..ssss....sss.....
New-York tribune., 1903-08-08
WHAT is CONC ON TODAY,

Opening Of pla ground Battery Park l u m
Twenty-thrd Regiment Manhattan Beach afternoon
Band concerts Central. Marys Crotona and Ech,
parks
New-York tribune., 1903-08-08
MARINE INTELLIGENCE.
MINIATURE ALMANAC.

MINIATURE ALMANAC
Sunrise SOP Sunset 9.09 Mocn - Moons age Is
HIGH WATER.
A.M-Sandy Hook 7:26 Island T5s He'll Gate 9;4T
P.M-Sandy Hook 7:34 Gov Island sos He'll Gate S:5S
New-York tribune., 1903-08-08
SHIPPING NEWS.
Port of New-York, Friday, August Z, 1903.

ARRIVED.
Steamer Germanc tBrl. Hambeton Liverpool July %
Queenstown White 62
cabin 213 steerage passengers, mails mdse Ar
rived a the Bar at 3:12 a
Na-ragansett tBr). Payne London July 25.
Philip Ruprecut ballast. arrived the a a m
Steamer Diamant Ger, Schemilch, Rotterdam July 81
Shields % in ballast TO Philip Ru2recht Arrived
at the Bar 230 m.
steamer ~ Nicholas (Br. Lewis Antwerp July 25 10
Sanderson s. Son with mdse. Arrived at the Bar at
II l:O2 n.
steamer Fontabelle (r). Mann, DemeTara July
bados %. Dominica 80 ST Kits 81. 81 Croix st
Thomas August I, 10 A Outerbridge Co. with 25
ia ssenEers. mails mdse. Arrived the $3.50
q
steamer FL Dia, Mason Galveston August /. the
Southern Pacific Company. with mdse
steamer Northman. Pattson Port Arthur days. to
James " Elwell & Co, with oil
steamer Chesapeake, Delano, Baltimore II Foster.
steamer Princess Anne. Tapley. Newport News and
Norfolk 10 Old Dominion SIS Co. with passengers and
jamestown. KILLER. Newport News and
f,Ik 10 the Old Dominion co. with mdse.
sandy Hook, j. Aug I, $3.50 m-Wind north, strong
breeze. clear.
New-York tribune., 1903-08-08
SAILED

steamers Frutera CNori for KINGSTON jamaica Monroe
nanche and Jacksonville: Arabic (Brl.
town and Liverpool: Colorado. Brunswick and Mobile
Ixfa tErl Tampa Ela; Santiago de Cuba tCubanl,
greso-
New-York tribune., 1903-08-08
JUDGMENTS.

The following judgments for SUNG Of over SlO0
We're fled yesterday, the first name being that of
debtor.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1903-01-13

The above statistics of the quanti-
ty of cotton ginned to December 18th
are expressed in bales as pressed at
the ginneries, irrespective of shape
Dr. weight. In the total of 9,311,835
bales there are 80, 661 round bales,
averaging from $40 to 800 pounds
each. Counting such round bales as
half bales, as is the custom in the
commercial community, the total gin
ned to December 18th is 8,9O5, SOB.
By two of the most thorough canves-
ses this season 32,528 ~ginneries, &C
tive and idle, have been located and
reported, of which number 30,194
have been operated for this crop. In
their December nvas the local spe-
cial agents ascertained the quantity
of cotton ginned from the beginning
of the season to and including De-
cember 18th and also secured from
each of the active ginners his esti-
mate of the quantity of cotton to be
ginned by his establishment after
December 18th.
The estimate of the percentage of
the crop ginned is based on the esti-
mates of 626 canvassing agents, who
we're instructed to confne their esti-
mates to the territories canvassed by
them and to the knowledge gained
therefrom. One estimate therefore
serves as a check against the other.
According to the estimate of the gin
ners 1912 ner cent of the crop re-
manned to be ginned after December
18th, while, according to the estimate
of the canvassing agents the percent
g was 9.8. Applying these percen-
tages and the general average bale
weight obtained from combining
round and square bales, the crop, &C
cording to the ginners, is 9,996,300
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1903-01-13

crop is now assigned, in the CONNER
cial estimates, to the production of
the previous year as the commercial
cotton year ends September LIST.
The second report will include all
cotton ginned up to and including
October 18th, 1908, the date of the
first report for 1902, enabling an ex-
act comparison in the two seasons.
The third report will cover the cot
ton ginned up to and including No
vember 18th, a period of the utmost
Importance to the growers and manu-
facturers. The fourth report will
represent the cotton ginned to De
cember 18th. The fifth will be the
final report.
It will be seen that this plan con-
templates practically a monthly re-
port during the ginning season of
1903. If it shall be found that still
more frequent reports are desirable,
the Census Office will be prepared
to make them for the crop of 1904,
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1903-01-13
SOMETHING NEW IN COTTON STA
TISTICS.

Prompter Service Than Ever Before
The Figures Show That 8,oo5, 5o3
Bales of 1902 Cotton Were Ginned to
Dec. I3, or GOA Per Cent. of the Crop
Monthly Ginning Reports to be
Secured This Year.
Washington, January THE Cen
sus Bureau report on the cotton
ginned from the 1902 crop up to and
including December ID last, is 9,311,-
835 bales, irrespective of shape or
weight, equal to 8,9O5,5O3, according
to the commercial counting. This
is 90.2 per cent of the crop. The re-
port follows:
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1903-01-13

bales, and according to the canvass
ing agents 9,654.106 bales of an aver
age gross weight of 500 pounds. The
Census Office assumes no response
Bihty for the accuracy of these esti-
mates. This report will be followed
by a third and final report at the
end of the ginning season, about
March 10th, which will distribute the
crop by counties, segregate upland
and sea island c~ottons, and give
weights of bales.
In giving out the report Director
Merriam made the following state
ment:
1t seems important to again state,
in connection with these statistics of
the cotton crop of 1902, that in so
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1903-01-13

far as they relate to the bales of cot
ton ginned to December 18th last,
they involve no guess work at any
point, no estimate by anybody, and
no uncertainty of any kind. They
represent the exact number of bales
of cotton that have passed through
the ginneries. All that has been done
by the Census Office is to make and
certify the additions. Anybody is at
liberty to examine the whole process
adopted by the Census Office in hand
ling these returns. The returns rep
resent the ginning operations of
every ginning establishment which
has handled any portion of the
growth of 1902.
The report is made at a time so
near the close of the ginning season
as to permit a very close approx
nation of the growth of the year,
in 5OO-pound bales. 1t seems prob
able that the final report, TO be issued
about March 10Th next, will not show
a variation of $4,000 bales from the
estimates of the total crop which
are submitted from two sources in
connection with the figures of cotton
ginned to December 18th.
This is the first time in the history
of the American cotton crop that
definite and exact knowledge of the
seasons growth has been placed in
possession of the public at so early
a date, or within a date five months
as early.
The Census Office is already per-
fecting plans for more frequent re-
ports in connection with the crop of
1903. Its first report will cover all
the cotton ginned, of the years
growth, up to and including Septem-
Der 1st. This portion of each years