davidaulloa/AmericanStories huggingface dataset:
The news-herald., 1903-09-19
EVILS OF SPECULATION
why Eighty in Each One Hundred
Fail in Life

It is not generally known that
John w. .Guiteau, brother of Charles
J. Guiteau, who shot Garfield, is in
many respects the greatest statisti-
clan in the world. Guiteau is a
veritable crank on figures, but his
crankiness is very profitable. Just
now the Government is under con-
tract to pay him $4,000 for GER
tain tabulations. The big insur-
ance companies are his profitable
clients. Guiteah is the only man
who has succeeded in getting inside
the books of Dun's and Bradstreet's
commercial agencies. 1t was he
who gave out the startling state
ment that the books of these com
panies contained but 3 per cent of
the names that were there 20 years
ago! What pathetic story of the
premature deaths and business
failures of twenty years! But here
is more of the same sort: Guiteau
says that of the men of this coun-
try who live to be 60 years Of age,
80 out of every 100 are absolutely
dependent upon others for living.
That is an appalling revelation. OF
every 1000 human barques that
with. precious argosies set bouyant
sail 800 are wrecked on the coasts
of business failures. Failure !
Eight of every ten who fight n the
business arena bite the sawdust
For men do fight today as they
fought in the arena at Rome and
Antioch. And 80 Of the 100 are
carried out dead or defeated. Why?
Because of competition. Because
of extravaganza. bad habits and
many other things. But largely
because of speculation. Read the
list of the get-rich-quick swindles
at New Orleans and St. Louis.
Men, women and children - all
were trying TO get something for
nothing. And there is gambling
on the board of trade, where the
maelstrom swallows men alive.
The wheat pit is only thirty feet
across, but it has swallowed whole
fleets of business cargoes. 1t is
only few feet deep, but it has let
thousands of souls down to Hades!
The news-herald., 1903-09-19
United States Patent

It is a necessary part of mining
development in the long run that
a United States patent be procured
for the ground. 1t constitutes the
only sure title, and in the case of
proposed sale the purchaser will
consider the question of title next
in Importance only to the possible
value and extent of the ore. True,
it costs good deal; costs more
than it should, but it is of ironclad
potency and is q deterrent' to liti
cation. In case of a stock COM
pany instances are not wanting
where, with every intent to be
honest, those in charge, while spend
ing considerable money in requi
site development omitted to secure
patent, and when the money ran
out and trouble came, the ground
finally became subject to relocation,
with the result that the innocent
stockholders lost the property. 1t
should be borne in mind that no
matter if the ground has been
worked for twenty years, no matter
how much in the way OF improve
ment may be thereon, failure to
put paltry 500 worth of annual
improvement during any of the
required time may cause the ground
to revert to the Government under
the letter of the law, and thus be
subject to relocation.
Land may be taken up for a
mill 81 te or as a mill site in con-
nection with lode claim, and
held by use for purposes directly
connected with mining, even though
it is not used as a mill site, the
requirement being that it BIZ used
by the owner or locator for milling
or mining purposes. The five acres
may thus be used as site for a
clearinghouse for those employed
in the mine or mill, or for ore bins,
etc.-Republican.
The news-herald., 1903-09-19

The man who is doing well becomes
dissatisfied. He reasons: II work
like a slave and save a few dollars.
So and SO makes dollars where I
make cents. He runs the risk,
why should l not ventureW And
before he knows it he is in deep
water and unable to swim. We
are nation of spectators. The
craving for wealth becomes a dis
ease. Men are money drunk. This
is not rhetoric. 1t is q fact. Gov
ernment and insurance companies
pay men like Guiteau large sums
of money for disclosing this real
history. He who runs may read
it.-Exchange.
The news-herald., 1903-09-19
aid in utilizing the waste waters of
the Colorado river.

At least $750,00O was spent this
year by the people of this valley
in California; sum sufficient to
buv the canals. There is one thing
certain, the people of this town
must break loose from the habit of
working nine months in the year
to get money to blow in on Cali
fornia trips. We need that money
here.-Phoenix Enterprise.
The Mormon settlers Of Graham
county have inaugurated a move
ment for local option in the Gila
valley.
An Indiana swain got a letter
the other day and a picture from
the girl he had been writing to for
two years. 1t was a baby's pic
ture and the girl remarked that
she and her husband had enjoyed
his letters hugely, but the cores
I.ondence would have to stop, as
she needed the time to attend to
the baby. The young man has not
yet made up his mind to send the
baby rattle, or the husband an
internal machine, but it is a dead
cinch that his literary career has
come to an abrupt close.
The news-herald., 1903-09-19
New Gem Stone Discovered

A new gem has been discovered
in San Diego county, Cal, and the
lapidaries are delighted with it. 1t
was found near Pala, close to the
lithia deposits. w. R. Bacon OF
the Mines Verifcation and Devel-
opment Company, describes it as
being silicate, something similar
to Iceland Spar" 1t is square
and long. 1t is at first sight white,
but when it is held to the light and
looked at, it glows with a lovely
purple amethystine tint.
1t was discovered accidentally
by men working in the lithia form
alton. It attracted their attention
at once. No one was able to place
it. Skilled mineralogists were un-
able to identity it. The Tiffany
firm in New York was commun-
icated with, and after the expert Of
the great jewel firm had decided
that the gem was a distinct novelty,
capable of being handled and cut,
and of taking on high polish,
there was a rush of diggers, and
enough specimens have been taken
out to depreciate it's value, by
showing that it is not at all un-
common, and in deposits may be
actually classed as common. The
wonder is that the formation has
hitherto escaped observation.
This maintains it's value for the
present, at least, on an equality
with that of gold. 1t is apparently
plentiful. One digger took out 5000
worth in few minutes.
The American farmer is not con-
cerned over stock quotations. He
The news-herald., 1903-09-19
TERRITORIAL FILINGS
AND GENERAL NEWS NOTES

L06 FARMERS III CAIoO
ptant an increased acreage to can't
eloupes next season.
George Pence and Frank McKen-
new have been granted a franchise
to operate an electric railroad be-
tween Clifton and Morenci.
The Chloride (Mohave county,
Arrow is denouncing the Kingman
fake mining boom in unmistakable
terms.
The Northern Arizona Normal
School began its fifth year at Flag
staff Tuesday Of last week with
every evidence of prosperous
year. Fifty-four students attended
the first day.
There has been the "Old Harry"
to pay with the milk at Phoenix
for a considerable period last past.
IT'S said that the dairymen have
been using a preservative not con-
ducive to health and having a name
that does Mt look well in print.
Some of the territorial papers
have been saying that S. W. Pease,
while boring for water near Quartz
ite, in Yuma county, struck oil:
others say that while drilling for
oil he struck water. The we'll will
be put down 1000 feet.
Work has been relinquished at
the Butte railroad tunnel for few
days, but will be resumed as soon
as the contractor can install a
blower At the grading camps
above the tunnel site men are be-
ing employed as fast as they apply
for Work.-Florence Blade.
The Santa Fe will store oil for
the oil burners at this place, Flag
staff, Williams and Ash Fork.
Tanks will not be constructed to
hold the oil. Excavations will be
made for depth of nine feet and
of sufficient length to hold large
quantity of the fuel. A top eight
feet high will be put over the pit,
making the depth of the reservoir
seventeen feet. At first the oil
will penetrate into the earth about
six inches, but in a short time the
reservoir will be put into such
condition by the oil that it is su-
perior to a tank. The reservoir is
handler than tank. The largest
will be at Flagstaff and Williams;
each of them will hold 100000 bar
rels. The other two, at Ash Fork
and here, will have capacity of
$4,000 barrels each.-Winslow Mail.
In Nogales Monday evening The
Oasis man took dinner with party
consisting of three Italians, two
Spaniards, a Frenchman, two Mex
leans, Greek and an Englishman.
They all talked at once; and now
the scribe, accompanied by his
wife, has gone to Tucson for a day
or two to untangle his speech from
the confusion to which it was sub
jected.-Nogales Oasis.
Crazy Snake and his followers
are holding another conference at
Medicine Springs, about sixteen
miles northwest of Coalgate, |. 7
Every disgruntled faction OF the
five civilized tribes is represented
in the council and it is said that
they have no word of greeting for
a person who is not OF their clan.
The Dawes Commission is being
criticised and the proposition to
remove to Old Mexico is being con.
sidered.
The city of Bisbee has a tax rate
of only 4 mills on the 81.
The Benson Press is engaged in
a crusade against gambling and
kindred evils in that town. Last
week Editor Schardin had a per-
sonal mix with a gambler. The
editor lost and the gambler won.
The news-herald., 1903-09-19
Returns of SIPS per Ton, Mostly in Gold
)nly 100000 Shares Will Be Sold at Cents

company claim to have developed mine with
sight with which smelter but claim have
prospects great Mining District and be-
prospect the that Offering stock
of per share All Of the derived from
this block stock will be into actual development work
Our officials receive salaries and
brokers' All stock sold through general offices
Jerome you proposition like this you win heavy
The miners who located this group putting their
time and money into it.
The news-herald., 1903-09-19

The American farmer is not con-
cerned over stock quotations. He
is too busy hustling for help.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
SUMMARY OF THE ST, LOUIS MARKETS.

At the opening seemed tina. the campaign be continued but later inc
Foreign
OF
In
for
C of and C up.
Ac
n fruits
fractions
8 and sperc
n market
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
II. Louis Future Prices.
stecIks Of Grain in Store.
Cash Grain, Flour, Etc.

wHEAT-Received 1.ss SKIS. and 81 cars local
and cars through. By sample. del.-car lots
No. 2 red at slA0ssc W. and sliseslxe E. side
@ sSss and E sde and rs s Ed
+ 9 p from; store: No : q 776so ". and
sss: ~ hard !. sasso o ma s1e ar .e Fu :.
key; Nc; 3 hard at 5ss.e s nd Turkey worth no
yatOiINo:, red At 4slic: No. red at sssze:
N Sok i rs SKIS. and 1, car. ,oc., and
% oea snd No. .. 4 oss
No ! white al sic destination: = wv '''''
.ds $50 so w. .as = r Is e sa q
Wiz. - s sna es q ses at .iss &C. N Ns
arrive AZ $50 and salabie at SsYe SPOT and sso
des,inas1spi No. Suo.;bss At s. ssgst4e:
yISIE. :; sas,, y,n.sr aosr: Patent. ..e.,o:
ssssH 'H u p.a.nss tos I'M. a, %
f Or AZ espos Rs sids o ,es: i hsss nAnd
,u M7s s sod s 1 ssssns . ns. =. a:s e. .aa
ss ~ ss:si s:. ': at: at ' ss a. e
BRAN-FiIm but quiet: no abatement 70 the
bran 4 10 in large and 10 in small sfs. lized
feed at SO for hard and e for SOFT winter IN
quality. Al nii bran 4. Tesoa and ships &
,ss;a e ;sDs %. sss' oss IA. ~ 3
ehoiss us;so: No; Ho:5Seii 81 Es: ! 500: Nc:
se ssS mIass new ana asE NJ p F.l.s s;
.iaeIcso,ss , $50: No. H.soes; No. s76s;
Ai sERA sas.z on N; M.p ay. rss
LEAP 5,. AND :. sIgoELTER-Lad sold at sA1sxe
WHISKY-SteadY at n a
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
WHEAT SHARPLY HIGHER
ON DOMESTIC CONDITIONS.
LOCAL SITUATION FAVORS
THE BULLS.
Corn Follows Wheat on the Up
turn and Closes Strong on
Covering by Shorts.

Light local receipts, good cash demand
and generally bullish speculative sentiment
caused a sharp reaction after early declines
in yesterdays grain market. Lower cables
and favorable weather apparently strength
ened the hands Of the bears at the opening,
and for time short selling was continued
Later reports Of heavy acceptances for ex-
port and flood Of orders from n1illers
turned the tables. The feeling was decided
ly strong at the close.
The Modern Miller said: 1.-The holding at
titude Of wtnter-wheat farmers is extending
and becoming more general. 1t Is especial
ly notable in soft-winter-wheat territory,
where the yield was smallest. Heavy rains
In Kansas and Nebraska have damaged
wheat in the shock. lowering grade OF some
OF the grain. Flowing for fall seeding is
pF ayaa +; well save where rains inter-
Sept. wheat opened A9xo of and sold at:
7se ssse. Sssc. dye 7sssc. 'sc. nc. Soc .''''
Corn opened weak. but later was strength
were smaller than expected and shipments
from Chicago were heavy. There was an
excellent cash demand. Sept. corn opened
Nc on and sold at:
&c. 4,sc. l7Ac. 47asc. li11c. l7Ac. lsHc.
Receipts of wheat at st. Louis 81, 30e bu,
OF which I646 SKIS. and 81 cars local and !
cars through. against Is, M bu.. of which
!, A5 SKIS. and l4 cars local and II cars
through, in 1902.
Receipts Of wheat at primary points no.
0O0 bu. against $1,000 Blu. In 1872. and ship
ments 22s.000 bu-, against 1,124,000 bu. In
a a Northwest received 100 cars. against
So cars In 1902. Chicago received 1I2SOO blu.
and Kansas City s5.6V blu. Clearances, ga
GOO bu.
Receipts Of corn at st. Louis Els bu, of
which 10 SKIS. and rs cars local and car
through, against % 500 bu., of which q car3
local and cars through. in 1902.
Receipts Of corn at primary points 10000
bu.. against uS,0O0 bu. in 1907 and ship
ments $4,000 bu., against $4,000 Blu. Chicago
received T0.600 Blu. and Kansas City q, 100
bu. Clearances, 81. 900 blu.
Receipts Of oats at st. Louis s., 400 bu., Of
WHICH "a cars local and 10 cars through, as
against $3.50 bu., OF which IL SKIS. and q
cars local and cars through, In 1902
Receipts Of oats at primary points 667 900
ments 900 br.. aRain,t 4s SOo hm 0 cs sp
ances, $1,000 blu.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
.uls quotations'
BY TELEGRAPH.

Kansas City, Mo-, Aug. H--Cattle-Rscsape, 4.
900 natives. 800 TEXANS; calves. 100 Tsxans, 900
natives. corn cattle active and strong, wintered
Westerns higher; quarantine strong; common
eo ana Ss.
$a:D9e.4 fair to good A,lc94.9: stoekers and
Tssss .sd indian :s:sls s;ssese: TIA: :e9 cow:
aS s.n n.ls' go sa. sss s h s.se:
sisSer; top 20 suin Of sales saso: ss SlsS
F R1asa Gsesssssss s. plss 81 Sss
SasspRessipts see H. Ws,. strong and active
s ::s ss:.S s''g' sss
ss !';sDs @ss s..y.: zss''ss: Ind
dun 3 s:ass s sAs Is!s:ss:ss S
.g N .a. ss:.s s % lovers s,
COWS seifers s.sles ' qaetsd ivs
SSa & psss .sa sGG: 81 s ed s
-o.ts to-day LOO quarter. Of beef tomorrow
Receipts go: veais steady Is as9ss q: .ssels al
s mSs. nSn,aa9 sSImSR ev . Ss,., q western
ssI RI: "a S:ss
few ws.hsrs Ms; Lamb: SSVsss 'Ai Mos,. Ere:
i9ss Mssi. no0e sol so: e @ n
.Chicago Aug N-cattie-Receipts 1000. In
elua,Rs 20 Tsasn:; steady ROOD e prime steer.
stosEsr,. -, snd !, feeder. g !, AZ, e COW.
esisss Tsass 4 ssll'
steers &94.4o. Hoss-Rsceipts to-day HOO: to-
Snses.. ss aSod 70 10 os sb sss :Rs
& :.i aug S;s i:Ss q ss!s
and lambs slow: steady: good 70 ehoise 1esSe ss
"a. 0;s feir 70 choice MIXED g. .s@s: western
ern lamb Els na''ve 'AnDs s0s.so; west
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
MARKETS By TELEGRAPH.

Now York. Aug. 21.-FIou-Receipts 1sEs
bills: exports q. 49,: more active and nrmer Rye
-four steady. cornmeal firm: yellow Western
si.12: city S1.1o; kiln dried 1866. 40. Rye
steady; State and New Jersey sO95sc. Barley
quiet; feeding 5o951o c. /. I. Buffalo; mailing
62ad55c. c. I. Bufalo. Wheat-Receipts $500
slevatol 70 ssse .V o. b.a aoas: No +! Ner,h e
n the
elssIsnses .yensualiy started short scare. r.;
sio;sd sss ssss s.s S s s5ss; sisssa sss 6ss
Ns AND se oSsn 0as N ysT s
strong on conlmission-house support and scarcity
e cash with s0S sIsss4D g
ss sisssd sss PES su ssas flSssa ss Sc;
No. White &c: No white nc: II Tk. white whit;
SSs HsY sa zsss fP @ e
CONT . ssa.s s fess
ssss: IS ne g ss sS a s, e; So
Se. VINE tse: So: aSs.sa ostsaSe. !
ahs' iss DC .i%o.sy sssais: DO pss.!!s
IS 50, Receipts-Wheat 193, 100 bu.: corn u 400;
oats 5000. shipments-Wheat o. aoo bu: corn
bslass, MINI Agz nawas.s n store; No;
Peoria, Ill, Aug. n.-corn higher; No. s. sHe
No 51Nc. Oats strong: No. white 34li 9S5c;
No white skc whisky-on the basis Of s1.A
AZ. Liverpoei. Aug M.-spot wheat-No> red
western winter. new nrm at 9 I'd: No. North
On spring strong at Is 10d: No. California no
stock; futures quiet: Sept. o. sid: Oct Go SID;
Deo b ca Corn-spot American mixed steaT
at q "a: futures quiet: Sept q go: Oct . go,
Milwaukss: Wis. Aug; . Z:.whs.t dull; No: l
io I'll Rys nim: No. So. Barley nm; Sa
Minneapolis, MINI. Aug N-Wheat1sept. so
~ Res,hss tsssc: No Nort asaa ss ssss
ga0: second patent. = eo94: 20; n.st clear g; 70
neapolis. BraE-In bulk EAT9A
wsesssssSss ! sPs,ns ssSsss; IT, : ISee: Sc :
fsae. oasrlNs sc; No; white ssss SIc:
mailing 1855. Seede-Prime timothy S3l6;
clover, contract 6raas 81. Provisions.Mess pork
Gozh; short ribs side, qSesea Hs7n07; szn; dry
bxd.) N.7667.s7h. Whisky Oasis Of highwines>
0-ZA.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
LARGE TRADE IN WHEAT
IN A NERVOUS MARKET.
REACTION FOLLOWS PERIOD
OF SELLING.
Corn Starts Weak, but Makes
Gains Later on Short Cover
ing-Oats Strong.

Chicago, Aug. n.-Hisher prices prevailed
on the Board Of Trade to-day and wheat,
after opening weak. closed firm. with Sept.
a shade higher. Sept. corn was UP &c, oats
were 80 higher, while provisions were from
loo to zoe higher.
WHEAT.
There was a big trade in wheat and the
market was quite nervous the greater part
of tho day. Opening prices were weak on
lower cables, excellent weather In the
Northwest and lower markets at Duluth
and Minneapolis. Sept. was off AgSc to
Lose at 7s7sc to s0,ic. and. with heavy sell,
ing early in the day; the market declined
ward noon a better demand developed on
large ciearances. increased export demand,
together with unfavorable crop advices
strong. Sept. advancing to Sic. There was
considerable liquidation late in the day, and
while all of the advance did not hold trade.
and closed firm with Sept. shade higher
at sO1ac. Dec. was up Agasc,. closing at
S1zc. Clearances of wheat and flour were
flour for the week according to Brad
streets. were $4,000 BIT. Primary receipts
were I0,s00 bu.. against 1.10l. 600 a year ago.
Minneapolis and Duluth reported receipts
of 16O cars. which. with local receipts Of 101
cars, Is OF coatract grade, made total re-
ceipts Tor the three points OF a1 cars.
d6aAiSI &17 ldSI week dliO O1u u year dSO.-
CORN.
Corn started weak. affected by the fine
growing weather and the weakness in the
wheat market. but a strong reaction &C.
CURED later in the day and good advances
were made. One OF the chief causes for the
upturn was liberal covering by shorts, al
though there were also good purchases by
bull leaders. An excellent export demand.
together with bnlllsh crop advices from Ne
braska, were factors in bringing out the
better demand The close was strong, with
Sept &c higher at 513sc after ranging be-
tween S0Ae and 52Ac. Dec. was up AQssc
at 5lAG5lhc. Local receipts were lS2 cars,
with 40 OF contract grade.
OATS.
Oats also developed good strength after
selling of fractionally at the start. Offer
ings were light the greater part Of the day
and shorts showed considerable disposition
to cover and there was fair buying by COM
mission-houses. most Of which was for To-
cal account. The strength in wheat was a
supporting lnflueL ce. The close was strong,
with Sept sc higher at Csc, after selling
between 341ts and 251sc. Dec. closed at 38Zc,
q gain OF sc. Local receipts were III cars.
RANGE OF FUTURES
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22

sHEEP,,The receipts of sheep tho first four NI
most a. large lars again as during The same period
last week some few good lambs were on sale,
s sheep seS about say 80
though a liberal proportion Of the offerings were
were or sale Good mutton sheep were about 10
615c lower than last week. but were in good de,
and are now ioasoc lower than week ago and
such as exactly suited could be sold without extra
hard work. and each day hundreds Of half-fat
50 much as even received a BID stoslSers sold
sheep arrived and the market was about like
So far this week sales included lambs at s4R
$50. the bulk of them at 1859: native and
g.s sea 'a as ea hs G at
"a sSsss &. ssa2ss psIncis.iIy 4 y = .. ~
head. against $500 Friday Of last week and 200
sale a, the i've principal poin;s being 800. a.
4 good demand existed and trading was active
from the time the market opened with the best
SC. while all others sold steady 70 strong, with
Of soa sy ,' Ing
Hes s.e sSsH daS The late
HoRSEEThe horse receipts were reduced to
the minimum. The only load Of native animals
Cd 70 b held over until mex. week than to Be-
offered to-day. A few were disposed OF at re-
tail. but the number available was not sufficient
had .s Is wa Most Of he
shape. but not with a. good = feeling prevailing
eonseanene}y closed shade ioser a''e On. u the
Of the quality to the demand Much Of the sup
R q dnd moi
there were 90 many Of them that they had to
sell lower and likewise In some measure at
Horse quotations: Heavy draft-Common to good
nsoq155, choice to extra slSsg2so. chdhksLl1so
t. 81 lbs fair 70 good sl9egiSo: sSod to choice
Sl50d250; choice to extra t3oo060o. Horses for
the South-snall light drivers, fair to good 80
geo: choiss to extra se@iSo: so%thsrn drivers.
1 pas q se1s sSoe. s2. e
sns1. S ssd 81 .0G sar ee.
to s. fssa sd e fH.as
he ssEs0! xs9f plugs ssS .n' plug. '''aa''
were still ronne offerings on the commission mar
market was closing dull and slow Just As it has
a.1s shs
into the weeks trade, was still in force. How
Great ea most Of the weeks 1 aUppg hsSns s
been negotiated by dint Of hard work on the
part Of sellers and the acceptance Of eonces-
Eastern ana Southern buyer: has sesa disa :.
pointn,ent this week, which Tact. combined with
liberal offerings. has been the cause Of the lower
N,,1s r,o4,f,on..
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
THE REPUBLIC: SATURDAY AUGUST %. 1903

line that afforded a decent kin, and also for
quietly at Just about steady values Bulls were
dull while ueals were a shade higher.
to choice heifers: in fact. not more than about
load has been offered. whiie the demand has
l5c higher than last week. this due mostly TO SO
few being offered. 1t has resulted in the medium
they have advanced Saios Heifers lacking de-
cent killing Qualities and too much flesh for
time s,, Lately Coed to choice COWS are
ing as low az they have for some time Very
few fat bulls are coming; prices ruling about
ing the week. but are only steady with last
weeks close. Values on veal calves show 4 de-
cline OF 25G5oc
Sales Of butcher cattle during the week were
based on the. following quotations:
nyvye urro
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-22
STOCKS RANGE HIGHER
DESPITE LIGHT TRADING.
TRACTION ISSUES ON THE Ur.
TURN.
Banking Issues Are Dull, but Gen
orally Steady on the Basis
Of Bids.

Yesterdays market for local securities
was extremely dull. Despite the very light
volume Of trading all OF the local issues
showed tendency toward higher values.
st. Louis Transit opened at $3.50 and
closed steady at $1a.z. United Railways
preferred had fair support, rs cents q share
higher, at S67.25
Missouri Trust. the only active banking
issue. was strong at n27.5o. with S7 sz.h
bid for more.
In the miscellaneous list Simmons Hard
ware ID preferred was taken at $ao.2s and
$121.