davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1904-06-05
MONEY PILES UP
 IN THE COUNTRY The Surplus Has Already Be- come SUperabundant THE BANKS ARE CAUTIOUS Are Far as Possible Eliminating Every Element of Risk-There is Noth-
 ing Doing in the Stock
 Market.
THE BANKS ARE CAUTIOUS
BY w. G. NICHOLAS.

New York, June A. -- The so-called lease" in the money market is to some extent fictieious. 1t is true that there is a superabundant surplus. but it is also a fact that bankers have rearely been more careful in their scrutiny of conat- eral or more stony hearted in their treat ment of applicants for cash. As class those who might borrow are not In the market for funds; those who would hke to borrow can't Banks will discount only the most select notes-paper about "hieh there can be no doubt. They are, as Tar as possible, eliminating every element ol risk. Solvent borrowers keep their out standing obligations reduced To the low est limits. They recall previous periods of depression when it was. next 10 lm- possible 10 borrow on gold bullion or government bonds and don't care to be caueht spread out. They do not antiei- nate an immediate repetition of such oe- casions. but are clearly determined to lseen themselves safe" Such condi- tion and such a state of mind is cer- tainly not conducive to speculation. Thus, while the market is full of choice bar gains in both bonds and stocks commis- sion merchants and brokers openly dis courage friends and clients from mar ginal investments. even though expenses may be eating up the machinery of the street,
The Birmingham age-herald., 1904-06-05
Gossip About Gould Camp.

Weakness in some of the Gould stocks has given rise to no end of gossip about affairs in the Could camp. Most of the yarns are fatherless and motherless and are unworthy of credence but neverthe- less, in it's idle moments Wall street finds amusement in the circulation of these re- ports If there are any personal dis agreements in the Gould camp growing out of Western Maryland bond issues or any other bond issues. the details are lacking. Foundation for them rests only in the imag agination of the narrators, so far as can be learned. It is probably true that large amounts of recent issues of securities on Gould properties east and west of the Mississippi have not yet been assimllated by the public. but that should furnish no excuse for the start ing of roorbacks of personal differences among the leaders In that quarter. Im- mense sums of money have been spent on Gould extensions within the past three years and this work is still very far from being complete. 8ut the Goulds with their allies, the Rockefellows. form the strongest financial combination in the United States and there Is no visible evi- dence that important members of the coterie have contracted 'colG feet" The development is still going on without in- terruption.
The Birmingham age-herald., 1904-06-05
Stock Market Numb.

The stock market seems to be suffering from species of numbness, and with money piling up with terrifying rapidlty there is nothing doing" one might say People who were recently worked up over the possible scarcity of funds are now in distress lest the surplus becomes un- wieldlv. They are taking counsel of their fear and hiding under the bomb proofs and in the cyclone cellars against imaginary storms. Those who find them selves in a state of nervous torpor, IS such a thing can be. are suffering rom the same mental malady as those who cover their heads under the pillow to preserve their eyes from the spectacle of ghosts. They have nothing to fear tan gibly. vet they are nevertheless shaky and disturbed in their minds, dreading something they know not what and un- able to give any good reason for the vague apprehensions gnawing at their souls
 Tn reality the country at large ts still in process of such rapid growth and in- crease in wealth that the surplus piles up faster than attractive avenues of in vestment afford outlet There Is today a plethor4 of richness; literally an em- barassment of plenty. Within the last six months the great masses of our popu- lation have gone systematically about the work of personal retrenchment in ex- penses of every sort. That has cut into the volume of trade and has resulted in the accumulation of idle funds in every section of the Union. There Is nothing unhealthy In the practice of economy. although for the time being 1t may bring about an uncomfortable sea- son of contraction. Accompanying this, however, Is a check to indiscriminate ex- pansion and speculation. That is good thing and a very healthy sign.
The Birmingham age-herald., 1904-06-05
Gold output Increasing.

There ia one line of production that does not lag. namely. that of gold. That Is the real stuff and it's output is increasing day by day. As old mines are exhausted new ones are discovered As old dis tricts wane and fall into decay new ones are opened up. On account of the strikes In Colorado and for other reasons the yield of gold in the United States last year shows some decrease as compared with the years immediately preceding, but at the present moment there is great CT activity in the mines than ever be- fore. As business In other industries suf- fer restriction enterprise turns more wig
 orously to gold mining. This Is true not only of America. but of every other auri- ferrous section of the habitable globe not even excepting Australia. The adven- turous spirit of the gold hunters seems to be turning more specifically now than at any other time to placer mining and numerous processes for working dry placers are being tried out" Hereto fore small success has attended efforts to apply electricity to the separation of gold but marked improvement in this direction has taken place latterly, and the prophecy Is heard that within the next two or three years vast acreas hitherto unavoidable will be turning out enormous quantities of the yellow metal. In Alaska. British Columbia. the United States and Mexico there are thousands of millions of dollars lying undisturbed in virgin dry placers The production of gold is going on now at a rate which is innating the money store of the world with disturbing rapdity. Reinforced by the production of tens of thousands of acres of dry placers the rate of increase will be much greater than 1t is now. On the theory that there cannot be too much of a good thing humanity is prepared to welcome the widest possible expansion in the volume of gold currency
The Birmingham age-herald., 1904-06-05
Owned at Home.

There is reason to believe that goodly
 proportion of the gold sent abroad dur
 ing the last six or seven weeks is stll | owned here, being loaned for American | account in European centers, where in- terest rates are practically higher than at home. In these days of quick trans portatlon of gold, and a transfer oi
 credits to different parts of the world
 through the sedium of bills of exchange
 surplus funds seek their level with the
 fiuidity of water. Interest rates con trol and fluctuations In the money mar ket are falt simultaneously in Berlin
 Paris, London and New York, the move ment being governed accordingly. The United States has shifted within the last two years from being heavily in debted to Europe into the position of creditor nation. Our foreign balances have been liqnidated and the old world now owes LIS great sums. The commodi- ty trade balance is running heavily in favor of the United States and the latest official reports from the bureau of sta tistics in Washington show a decided failing off in our imports, while exports are steadily growing larger. As our home market contracts our manufacturers and merchants are redoublng their efforts to capture foreign trade and make market for their wares in every port.
The Birmingham age-herald., 1904-06-05
KING WoLSEY.
Corked a Bottle to Show His Skill aS a
 Marksman.
| the Arizona Republican.

From the Arizona Republican.
 sh, riff Cook has in his possession a weapon which was probably used in the making of history in Arizona in the days of tha sixties and seventies. It is a revolver of an old model. Colts pattern, and 1t was found on the flat betwen Sem tinel and Agua Caliente a few days ago. l lher4 was found to be rudely engrav ved on the r-etal work the letters TX. w." Thera was six ctches filed on the sioe of the bar, el. Inc conclusion was reach d that the gun had been A part of the armory Of the late King Woolsey, whose stronghold at Ague Calente for years was one of the test known places in the territory. The delapdated old weapon was shown to Justice Burnett. who said that it recalled to him an incident in a tcur of a party of tenderfeet across the continent.
 There was A breakdown of Southern I'a..:ie tam near a pace called Sentinel. which consisted of nothing more than box Of a railroad office. The breakdown vas of so serious a na ature that there was no rrospect of the train moving for sever al hours. The tourist exhausted all means of amusement at their hands, and finally one of item proposed shooting at a target half dozen revoivers were collected and several empty soda, beer and other bottles which were found lying around the station.
 The narksT.tT established a range some distance from the train. and kept popping away at the bottles for an hour or two One of the tourists but only one of them. succeeded In hitting a bottle now and then, and he was recognized as the pr. Carver of the party. An old man with flowing 'Shskers, attracted by the dis charge of firearms, rode up and sat on his horse observing the target practice Whenever the champion tourist fired the old man W ould give a grunt expressive of contempt. Finally the champion turned to hirn and said: Maybe you think you can shoot ."
 The cid man said nothing. but dis mounting, he picked up botle fastened a string about the bottom of 1t in such a manner that the bottle would hang per fectly horizontal in it's inverted posi- tion. The ola man tied the string to the low lmb of a mesquite. He next took the cork from the bottle. and when the bottle had become stationary he meas ured with his eyes a spot directly under the mouth of it. He placed flat stone there and put the cork on il up side down, directly under the mouth of the bottle. Then the old man set the bottle swinging ant wnlLsng away distance of 30 yards, he estimaacd to nicety the position of the bottle ant it's semi-circular path and made an aarnhtely accurate calculation of the e~tct of the momentum. He drew a six shooter and fired. The bottle fell. and one of the tourists ran and picked 1t up cnraedt Che e: tho tourists asked the oil man who no was A he mounted his hors. ard rode away he replied: "1'm King > ceisey
 All forms of scrofula. sal. rheum. and eczema are cured by Hoods Sarsaparilla, the blood purifier.
The Birmingham age-herald., 1904-06-05

every promise of splendid results. The outlook Is for at least 5000 GOO bales of cot ton in excess of last year. and some estimates make the figure larger than that. The outlook for corn is described as being very good. and the same is true of spring wheat. The government report fer June, due on the 10th, Is expected to be very favorable one. Under ordi- nary circumstances such a report could not fail to be stimulating to the stock market, but as matters now stand Il would seem almost as If nothing could revive speculation To hear most people talk in Wall street now one might easily imagine the world was coming to an end and that the only thing ahead for the stock exchange would be to close It's doors put lip the shutters and go out Of business. Wall street has been as dull as this many times before and survived the experience.
The Birmingham age-herald., 1904-06-05

All forms of scrofula. salt rheum. and eczema are cured by Hoods Sarsaparilla, the blood purifier.
The Birmingham age-herald., 1904-06-05
Trouble in New York.

The open split between the banks and trust companies of New York has taken place and there Is no likelihood of an immediate restoration of friendly rela- tions. All but two trust companies have withdrawn from the clearing house and the rivalry between these two classes of fiscal institutions threatens to become really serious in course of time. Trust companies have invaded the banking field to an extent which has disturbed the equanimity and cut into the business of the banks. IL will be the effort of the latter to compel the enactment of legis- lation surrounding trust companies en- gagged in the banking business with the restrictions under which straght-out banks do business. This, 1t will be urged, Is necessary for the protection of the public. Especially will 1t be demanded | that the trust companies carry as large reserves as the banks. Agitation along 1 this line is expected to flame out at Albany next winter. The issue will enter into the state political campaign and both sides will endeavor to secure the selection of their own kind of solons.
The Birmingham age-herald., 1904-06-05
Crops Are Promislnu,

Wall street hears with apathetic indif- ference that the generality of crops are entering the scenic month of June with
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
THANKFUL PEOPLE.
They are Found in Every Part of
Richmond.


Many citizens of Richmond Lave
good reason to be thankful for bur-
dens lifted from aching backs, which
they bore patiently for years. Scores
tell about their experience publicly.
Here IS a case of it:
Mrs. L. Aldrich. of 407 y. 18th
street says: "For several years my
kidneys were out of order and Two
or threee times each year was laid
up and had to take medicine. | had
at such times constant aching pains
through my Joins and in the Fidneys.
I could not rest comfortably and IN
the morning was lame and sore all
over and was often scarcely able to
get up. Learning about Doan's Kid
ney Pills / secured them at A. 6. Lu-
ken's drug stoie and began taking
them. [ soon felt better and contin-
ued to improve steadily until cured. -
For sale by all dealers. Price SOC.
Foster Milburn Co., Buffalo, N. Y,
sole agents for the United States.
Remember the name-Doan IS and
take no other.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
Nav Never Come to Trial.

Terre Haute, Ind, March 30.-Judge
Piety has ordered an allowance of
$3.50 to the attorneys defending Benja-
min Springer, colored, and an equal
amount to the attorneys for Jerry Dug
gins, both of whom now are under
sentence of death. This will exhaust
the $500 appropriated by the county
council, and there is now talk of drop
ping the prosecution of the eighteen
men indicted for riot, growing out of
the attempt to lynch Duggins, be-
cause of the heavy expense entailed.
1t is also said that justice has been
sure and swift with the murderers,
and that as a lesson has been taught,
the cost of proceeding against the
rioters would be greater than the OBJ
ject warrants.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
Amuscnlcnfs
Katerine Willard.

One of the most notable dramatic
events of the present season will be
the appearance at the Gennett the
alter on Monday, April 4th of Kath-
crime Willard In Theodore Kremer s
successful romantic drama, fThe
Power Behind the Throne As an
actress of the hrst-class, Miss Will
lard has firmly established herself IN
The hearts Of the theater-going pub
lie Endowed with a remarkably
melodious voice, pure in its tones and
evolutionary powers, which have at
.racted the attention Of the leading
dramatic critics, Miss Willard has
scored a most gratifying success wher-
ever she has appeared. Her reading
Of her lines is at all times admirable,
and there is no attempt at exaggera-
lion in any of her work. She posses
ses a marked degree of personal mag
netism, charming stage presence
and is destine to become a celebrated
actress.
The Kansas City Times, in REFER
ing to Miss Wizards performance,
says: "Miss Katherine Willard was
given a reception at the Grand opera
house yesterday afternoon such as is
accorded few actresses in this city. At
the end of the third act of "The
Power Behind the Throne she was
called four times before the curtain,
and even then the audience continued
to applaud Tt was a great success
for the young actress. Her support
ing company is excellent, and the cos
tunes and scenery give the play
striking good furnishing.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
Proper Treatment of Pneumonia.

Pneumonia is too dangerous a dis
ease for anyone to attempt to doctor
himself, although he may have the
proper remedies at hand. A physician
should always be called. It should be
borne in mind, however, that pneumo-
MIA always results from a cold or
from an attack of the grip, and by
the proper treatment of these diseas-
es threatened attack of pneumonia
may be warded off, There is no ques-
ton whatever about this, as during
the thirty years and more that Cham
berlain IS Cough Remedy has been
used, we have yet to learn of a single
case of a cold or attack of the grip
having resulted in pneumonia when
this remedy was used. It is also used
by physicians in the treatment of
pneumonia with the best results. Dr.
w. J. Smith, Of Sanders, Ala, who is
also a druggist, says of it: 81 have
been selling Chamberlain Cough
Remedy and prescribing it in my
practice for the past six years. I use
it in cases of pneumonia and have al
ways gotten the best results" Sold
by A. G. Luken & Co., and w. H.
Sudhoff, fifth and Main.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
Canadian Government Hangs
Up Tempting Purses for
HOOsier Editors.
FOR THE BEST STORIES
Pencil Pushers Will be Given an In
centive to Keep Their Eyes
Open on Coming Trip.
Details for the Summer Excursion to
Canada Rapidly Nearing
Completion.

Indianapolis, March 30.-The com
mittee having charge of the Canadian
trip which will be taken next July by
the Allied Editorial association of In
diana is gradually completing the ar
rangements. The Dominion of Can
ada, the Winnipeg Industrial Exhibit
association and the companies over
whose lines the editors are to travel,
are furnishing a great deal of litera-
ture concerning the route to be Gov
cred.
The department of the interior of
Ottawa has added to the original itin-
erary and proposes to cover more
points of interest, allowing at least
one day and half at Baniff, beauti-
full mountain resort. The trip will
last about two weeks.
To lead the editors to keep their
eyes open, the Canadian government
offers 5000 in prizes to the editors
writing the best stories on the trip.
The money will be divided into five
prizes as follows: First, $50; second,
$50; third, $40; fourth, $50; fifth, $40.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
APRIL COSMOPOLITAN.

Every Catholic reader In the Coun-
try will find much to interest him and
to think over in an article III the
April "Comopolitan," "P.us y. ard
the Problems of His Po4tificate .
The author is said to be an eminent
French ecclesiastic, but u:.dar a pen
name he is able to write with great
frankness upon the present needs of
the Roman Catholic chu"oh and the
necessity for reform, especially in
catechetic teaching and the a:tiiule
of the priesthood toward the people
His analysis of the new PGre's per-
sonllity and character IS p"ohablv the
finest and most complete that has yet
appeared.
How soon the great lock Gf Gibral-
tar, Britain s "Keeper Of the Eastern
Gate, - may again stanl the lest of
hostile assault none can tell Yet it
may come soon, and tie illustrated
article in the April Cosmopolitan, >
IN which Broughton Brandenburg les
crlbes the famous fortrc,. lis vast
system of defense and sn1icrranean
passages, and gives bis .',...n lis STIR
ring history, makes interesting real-
ing. The last great sl.ge to Which
Gibraltar was subiecte; lasted fnln
years.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
THE BooKLOvERS MAGAZINE
FOR APRIL, 1904.

The April number of The Booklov-
ers Magazine appeals to wide varie-
ty of tastes. There is solidity with
out heaviness. entertainment without
shallowness, and instruction without
pedantry in its pages. The articles
have a vivid present timeliness and a
permanent value besides.
Talcott Williams contributes a mas
terly statement of the real meaning
of the Russo-Jananese war to the
April number It is not, in his opin-
ion, mere war for territorial ag-
grandizement-at least on the part of
Japan. The struggle is ultimately to
maintain or to overthrow the
"world's last great powerful despot-
ism,' and incidentally to preserve
Asia for the Asiatics. DIR. Williams
article is without question one of the
most authoritative and illuminating
that has so far appeared in print in
reference to the contest in the Far
East.
The second article on "The Two
Pacifcs," by Harold Bolce, continues
his valuable observations on the in
dustrial value Of the Orient. The
April installment tells of the for
eign exploitation of China s marvel
Gus resources, and points out many Of
the present and profitable opportuni-
ties that confront the alert Western
business man in the Flowery King
dom. Incidentally Mr.. Bolce draws
attention to the newly discovered
value, strategic and commercial, of
those "stepping-stones to the ORR
ent,' the Aleutian Islands This dis
covery opens up new field for COM
mercial exploitation nearer home than
China, and those interested will do
we'll to read Mr.. Bolce's description
of it.
Lovers of ART will find much to de-
light them in the April number
There are reproductions, in color, of
five of the most important pictures
shown at the recent exhibition held
at the Carnegie Institute at Pitts
burgh; an article on the art of John
W. Alexander, the portrait painter,
with examples Of some of his later
and most characteristic work; Mrs.
Wiederseim presents three pictures,
in color. of "The Out-of-Door Girl, -
and the article on "England's Moat-
ed Houses is richly illustrated by
Herbert Ration s exquisite pen-and-
ink work.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
RAILROADS HEAVY LOSERS
Flood Played Havoc With Tracks In
Monroe County.

1000 FIdyGQ HAVOC WIFI IIdONS
Monroe County.
Bloomington, Ind, March 30.-De-
tailed reports from the flood in Mon
roe county show that the loss will be
many thousand dollars, in addition to
the loss of time and labor in stone
quarries and mills. On Bean Blossom
and Salt creeks, which run on opposite
sides of the county, the water was
never known to be SO high. Fences
were swept away, foodgatcs are gone
and many barns and outbuildings in
the lowlands were washed away. The
loss to pixies running in all directions
from the city is very heavy, as they
are washed out in many places.
The quarries are flooded with wa
ter, some filled with water over fifty
feet deep and pumps are going day
and night to empty them. The con-
tractors working on the indianapolis
Southern railroad have heavy losses.
New grades have been washed away
and entertainments torn down by the
rushing waters, and it will require
hundreds of dollars to put them back
in good condition.
The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-03-30
ATTENTION,
FARMERS

Why remain in the North and stay
in doors six months in the year con-
auming what you raise during the
other six months?
| Go South where you can work out
doors every month in the year, and
where You are producing something
the year round. IF you are a stock
raiser you know your stock are now
Coating theii heads off" Id, besides,
have to be protected from the rigors
of winte,. ty expensive shelter.
Economical stock feeding requires
the combination of both fesh-for,ning
and fat-forming foods in certain pro-
portions Alabama and Florida pro-
6uce in abundance the velvet bean
and cassava. the first flesh producer,
and the latter a fat producer, and
they are the cheapest and best fat
tening materials known to the world.
More money can be made and with
less labo-, in general farming fruit
and berry growing and truck garden
ing along our road in the South than
IN any other section of the Union.
IF you are interested AMI desire
further information ON the subject,
address
G.. A. PARK,
Gen'1 Immigration and Industrial
Agent,
Louisville & Nashville R. r. c.,
Louisville, KY.