davidaulloa/AmericanStories huggingface dataset:
The sun., 1904-08-21
THE OUTSIDE MARKET.

The effect OF the heavy tone prevailing
on the Stock Exchange to-day produced the
weakest outside market session that has been
seen for long time. Security prices declined
pretty steadily throughout the two hours
of business and closed, In most instances,
at considerable net declines. Interborough
Rapid Transit suffered the most from the
selling movement, its price falling from lls
to l48 on transactions amounting to 1850
shares. 1t closed yesterday at l4sx. North
ern Securities declined from l02 on Friday
to i0lH at the close to-day. Seaboard Air
Line common and preferred were OF u and
4 Of point respectively.
Montreal and Boston Consolidated was the
most active stock on the list. 5000 Of Its shares
changing ownership. Its price declined Il
OF point to ~. The unusual activity OF this
stock during the recent past has occasioned
a good deal OF comment. and the perslste mt
buying OF its shares has given rise to all sorts
OF rumors concerning 1t. one Of which 10 that
Amalgamated Copper interests are seeking
control OF the property
Exceptions to the general weakness were
Manhattan Transit, which held steady at
3. having previously sold as high as sic.
and Electric Vehicle preferred. which ad-
vanced n OF a point to l6H. An incident
OF interest during the day was the sale OF
the next dividend on 500 shares of United
States Steel preferred at 81 90. This or oourse,
is is cents less than the regular dividend
rate.
The sun., 1904-08-21
MONEY AND EXCHANGE.

Money on oall. X@i Per cont: last loan.
I Der cent: ruling price. I per cont. Time
money quoted at 3@2H per cent. for dxty
to ninety days, 8 per oent. for four months.
and " per osat. for fve to eight months.
Commercial paper u quoted at per cent.
for prime single names and bills reoeivsble;
other names 5@e per oent.
Tho foreign exchange market vas steady
nominal. Posted rates were quoted at $3.50
lst.s rss ,ons Iene e b: .na o 91 dSsss
l4.sslS@e4. $3.50. and cable transfers, N.ss7s.
1a ss ssGs TED e1 .Ssr less S SHs
of 1877 ons and
Ioss less Lie for short.
Bank. buying. ass, premium: cipeinnati-
la aS@sFss1ieo SOC. S Sisoount s.n8..
Psul-ssS: premium Mnnsspolism.9'c; Pre-
premium. st. Louis-lSc. discount.
Of discount In oPen nsrkst for short and
:eEsf ses o4 o eo:.a e 3
account at .ssH. Paris .dvices quoted 5
per cents at ss ,Os francs aan oensimss mes; The
Berlin advices quote exchange on London
20 marks q pfss: ,:,+ The private rate Of dis
New York Clearing House statement: En-
changes. Slss, ,s2s, +sl: balances. 81 T.so4,7lo.
Sub-Treasury debit balance, to76. .e2I.
Commercial price Of bar silver in New York
81 Tc. Bar silver In London closed at 28>id.
Mexican silver dollars were quoted at 4SHc
The imports of specie for the week were'
$50 a47, OF which t74. .oS2 was gold. making
total specie imports since Jan. /. to.652.S+s.
Exports of specie were. Gold. IS. 900;
silver, Se72 ,s5s, a total OF Is 72s sss, against
81, III ,257 the previous week. The exports Of
specie since Jan. have been: Gold. e75 .sss.-
The sun., 1904-08-21

thsrs seems 70 b no strong sentiment against
the prartfoe. whereas bear lying is Indignantly
condemned. ! fall to see the difference.
morally. One practice. In my opinion. is as
bad as the other. but Wall Street uncon-
sciously makes distinction"
Speculative sentiment at the close OF the
week was distinctly less bullish. as. Of course
II would be with q reaction In progress. The
reaction from the high point reached In
July came on disturbing war news and alarm
ing reports concerning the spring wheat crop.
The war cloud disappeared, and stocks went
still higher. disregarding crop conditions.
which. instead Of mending. became worse.
The granger stocks are higher than they
were when wheat was selling 20 cents bushel
lower. The reaction last week seemed to
develop naturally out Of conditions existing
in the stock market.
The sun., 1904-08-21
1--we Stock Market.

SATURDAY, Aug. 20.
Receipts Of beeves were ISL head. inclu ding Is
cars for saughterers and cars for the market.
No trading 10 live cattle Feeling steady, but dull
Dressed beef slow at 7s5c per H. for native sides
Texan beef weak at o@s1sc. Liverpool and Lon
don cables unchanged. Exports 70. day, i4sO
beeves and 5,45o quarters of beef.
Receipts OF calve: none, but there were 30 stale
to-day Veals nominaily steady. Dressed calves
nrm a. yesterdsys quotations or a. sGl2c. per ID.
dressed. Dressed grassers and buitermllks quiet
At b07c. per ID.
Receipts of sheep and lambs were Soi2 head, In :
Guiding one car for saughterers and is cars for the
market. Demand brisk and prices lrm for both
Common 70 good sheep sold a. "a toes per 100 lbs
common 70 prime lambs a. ts@t7. Dressed mutton
hR Rsoeipt, 81 NOES wers Do hssa fae r.,v
slAughtsras. No ssles on live vsight. @ominally
The sun., 1904-08-21
FINANCIAL AND COMMERCIAL.
SATURDAY, Aug. 20.


To-dsy's short session Of the stock market
displayed . continuation OF the irregularity
and weakness which overlook trading on
Friday a. . result Of record wheat prices
and steel trade conditions, but while the
losses were perhaps moro general to-day,
they were not quito 30 severe, although
the shortness OF tho session may, In
measure, account for this fact. Further
advances In wheat, which found reflection
In tho appearance Of commission house
ceiling to-day, along with bearish pressure
on tho stooks which would be most affected
BY anything approaching wheat crop
failure, accounted sufficiently for the days
declines In all quarters, although senti-
msnt also continued under the influence
Of Developments In the steel situation,
Al on Friday, there was consistent pressure
on the granger stocks, including St. Paul,
Atohison, Missouri Pacific and Union
Panlao, tho losses hero averaging, how
ever, under Q point Southern Pacific was
again weak and declined. In fact, the
railroad List generally and the industrials
abowed losses although a noteworthy
feature was the confinement OF these declines
to fractions. Tho Metropolitan issues were
to-day the weakest feature OF the list,
and the street railway shares X points
The Steel stocks suffered little further
depression In the days trading, although
thcy were subject to no little pressure,
and tho close found United States Steel
common unchanged and the preferred
stock of only 4 Of a point. The net re-
suit Of the reactionary movement OF tne
last two days s Q comparatively small
L. L. IaA- onI In xja ~ thia EhSro
was some conflict In speculative senti-
mont regarding the suficiency OF the 70.
action. The recent advance has covered
nearly, II not quite points, so that tech
nioally, at least. there seems room for
further downward movement, Working
for this further reaction Is the course OF
trading on the grain markets and tho un-
certainty In the steel position, while against
It are the PROFESSIONALISM OF the trading and
tho absence OF pressure.
Tho grain markets wer6 again In turmoil
to-day, working up to nav high records
with the primary markets outstripping the
local exchange In the advance, which was
clearly an anomalous situation. While
there were reactions In the grain markets
to-day wheat prices closed never theless
above those obtaining on Friday The
bank statement to-day, while technically
favorable, was not a factor in the trading.
Tho figures revealed only the small changes
indicated in preliminary estimates, cash
holdings increasing about one-haH OF the
extreme estimate, the actual figures being
81 ,4ol 900. The loan account increased
g., ,oss 900 and the changes In these two
items were not wholly reflected IN deposits,
which increased only s2.%ss,ooo. Surplus
l. III
hold surplus reserve amounting to $751;
sl2 900 as against $21 ,o5s,O0o last year,
t8,743 900 in 1902 and 31s, ,14s, 900 In 1901.
The sun., 1904-08-21

Conoe was quiet at small advance In pncos
due TO hrmer European cables commission house
OF Santos reported an advance there Of IS points
and stated that Arbuckle Bros. were heavy buyers
for October shipment. Lehman Bros. were good
buyers here.
NAVAL SroHEs.-sp,nts Of turpentine. sbl1essc.
Common 70 sood strained td @ ros,n; o 1o9 90. w.,.
q 80: renned Continent. 1746 South American. IS.
Pork was quiet at 1ls.2s@Si4 for mess. Tallow.
ern. nrsts zoe, Chicago. Aug: 2o-IProyisions
were. As usual dul, and without feature trade was
SUoAs.0Rsw was quiet at I.7so. for centrifugal
90 test and ii-i6c. for muscovados 90 test Re-
nned was quiet and steady.
Sn,Cs AZ luo IN Tines tn d.y.. n1cas.
The sun., 1904-08-21
coEMERCxAL.

Csttss Nun bat Firmer otrsa0eR
Than Expccted-Buyfng by Leading
OPERATOR - Buiiish Crop Reports
weather Generally Fsir - Grain
Higher-Unfavorabie Reports From
the Spring Wheat Delt-COfree Ffrmer.
SATURDAY. Aug. 7o.-CoTToN.-spo cot
ton advanced 20 points. Mlddlins. lo.SSc.
against l2.75o. last year; New Orleans ana
9ulf. li.i0c. against 1870. last year. Savannah
declined 1-l8o. Galveston. 10 7-ioc.; New
Orleans, iohc.; Mobile. i0o,; Savannah.
10 S-1sc.: Memphis. loho Sales: Galveston.
842 bales; New Orleans. 100: Mobile. so; Sa-
vannah. SO: Memphis. so.
The raoojpta "a ii " w ora n followa:
The sun., 1904-08-21
BANK STATEMENT.
Increases In Loans, Cash and Surplus
Reserve.

While the various changes In the weekly
bank statement resulted In an enlargement
OF the surplus reserve by $751;. 900. It created
less favorable impression than did last weeks
exhibit The gain In cash holdings. amount-
Ing to. u. .4si 100, was about In line with the
least optimistic preliminary estimates. 1t
was large enough, however. to moro than
Offset the q. .esa 900 expansion Of the loan
account. The increase OF SASS. 900 In depos-
it's is 81, ,7so, 100 less than the sum OF the In
creases in loans and cash. which 10 considered
an unsatisfactory balance"
The weekly statement Of averages of
the associated banks Of the city Of New
York compares as follows with that Of last
week and Of the corresponding week year
ago:
Ts' y, ys.a 10 q S Sss 80. 10 %,
Deposits. zoo 67o.S0o 1907 1880 900
Circulation ... Hei4000 3S,@3 500 Ooos.0oo
The sun., 1904-08-21

Orleans. l0Hc,; Mobile. i0c.: Savannah
10 5-1ec.: Memphis. 1910. Sales: Galveston.
s42 bales; New Orleans. 100; Mobile. 6o Sa-
vannah. so; Memphis. SO.
The receipts to-day were as follows
Port receipts. .,.."..........aiso Td
AeSmps: AAsSnsssf; :.......:.::.:. ....... Is iS :
Hou.,on r., Lou,s"''' ''.'.''..''''''', 10Y 7sS
nouston....... ..........,.....l'N 'D .
Estimated receipts: LaH Laa
dsveso 10000 i7s 50
eonpa4 as S % srt.s T II q e. Ss
opsa' Hlss. Lop- cis:' y5cs: hSs,
}:::::;::: 4: 4; &: &; 4: 4; Z: 81 e:
steady after estimated sales of 5000 bales Prices
August, Hss, s tsS 1sss ,ss,s., s.ssSs !sessss !e ss;
}::::; 4: E : 4; :;': Il; Il
spot pG1' ss,a yn
~ % points sf' Prices s 9, Iis feow. FUTURES ADVANCED
To-day Yesterday 1903.
yeF January FebrSspy Fusnoei N s.ss S.ss SsogsM
int Tss = S pns s
that Leading had
vance. Reports In regard to the state OF trade al
and %
stors bought; New % Orleans M 'I and Liverpool We're
an 1ssg Fl
were received from Texas and thu. Mississippi
sp vsSy s SssS's fair III. hs
' sR seps 1sa sss aa IL N NJ ss:
Sss s.s.ps .sss Sq r. % ~ ssi sssR sss IS
' year GhsS FsGs ss WEEK ssd
Prices As follows: -'O'~0
q: g.: f; | &. i:ii |i - 4
ss,: ss's; OF ,es 'gs ssfs 81
old white clipped. to % lbs. tsS47o; Corn was
d S1 S1 To .G sales ,afs so: s.ssa ssa
open- Htoh- Lo,0- Clos Last
September e.. .'ssx S. ssx ST. ss4 sss * "Ssi Sssi
There v.s % another sharp nss in vhes. a.. today
eSp rspe Ss q.
active commission house buying. an absence Of
bolng pressure anu COFSNng OF snOItS. lneI0
were general rains at the Northwest and the South.
west. The outside markets were all strong and
houses bought 10 some extent. September at
the Manitoba crop were unfavorabie. Some OF
these reports were donied, but they had an effect,
nevertheless. Part Of the rsc was lost toward
the close pront taking and moro OF less oearsh
pressure. On the curb tho market was weak.
II Is reported that Rumania has prohibited tho
e1port4tion Of barley. oats and fodde. crop Liver:
70 rs centimes. and Berlin u to ~ mi. AZ Buda:
pest there wa, a holiday. Broomhan estimated
and oats were quiet. but prices advanced owing
to the strength Of wheat, bulsh crop reports,
commission house buying and covering OF shorts.
The receipts OF oats were heavy.
Winter In bbls Clears. Aeoass: stralyhts. Eo
= 20 Spring in 6bls; Gesr.; lea y A-so@sA.s; patents.
CoNEH--Rio on the spot was dull At a'<c. for
with sales Of 5000 bags Havre advanced VI
and Hamburg = V 4 PFC: R!o declined Is re.s;
IL 900 bags stock 4si 900 Santos advanced 100 reis
receipts 5so o0 bags: stock 100000. Prices here
follows
The sun., 1904-08-21

Tho amount Of United States deposits shown in
this weeks statement u e2s an increase OF
ID ZOO over last week II these deposits were do.
Quoted from tho aggregate given. tho surplus would
be e84 457, 500.
Below Il q table showing the percentages Of cash
reserves 10 deposits Of the moro prominent banks
compared with thoSe OF last week:
The sun., 1904-08-21
FINANCIAL NOTES.

The $4,000, ooo loan which the Cincinnati.
Hamilton and Dayton Railroad has secured for
the retirement Of the preferred stock held by
those who object to the merger with the
Pere Marquette Railroad cost the railroad
80 it was reported yesterday. about Is per
cent. The syndicate which raised the money
is headed by H. B. Hollins d Co. and the
United States Mortgage and Trust Company.
George NJ Cumming. .vice-president Of the trust
company and chairman Of the board Of dreo-
tors Of the c.. II. 4 D. Railroad. refused yestsr-
day to afirm or deny the report.
II was reported yesterday that the August
dividend OF AZ per cent. on the I'll. S00. 900
OF Chicago and Great Western preferred
stock will not be paid. While the directors
have taken no action yet, 1t was said at Presi.
dent Stickneys oface that the dividend had
not been earned and probably would not be
paid. The poor earnings are ascribed 70
labor troubles and cost Of material.
The Seaboard Air Line. according to q
Wall Street rumor Yesterday. has arranged
to borrow between 97o0, 900 and $500 900 on
It's bonds, the proceeds TO- be used for improve
ments. At the ONCE Of IAdenburg, Thai
mann 4 Co., several members of which are
directors OF the Seaboard, 1t Was said that
nothing was known Of such a loan.
The Treasury Department authorized
yesterday at San Franoisco the teleRraphio
transfer TO the 6ub-Treasury here OF Sp76, 900
gold under previous oonoessions and eS3.ooo
new gold.
The sun., 1904-08-21

Union Pacific will sell OF dividend peT
cent. on Aug. 81. a week from Wednesday.
The transfer books will close on that date
both for this dividend and for the annual
meeting. The meeting win be held on Oct.
IL. The subscription privilege on the now
Southern Pacific preferred stock will ex-
pire on Sept. /.
The sun., 1904-08-21

tunity thAt ariBes 70 oepro6S itS pr1co.
Missouri Pacific has been An obJsot re-
Gently Of much criticism. The stock not
only has been conspicuous lag ard In rising
market. but prominent traders who have
tried to bull It. on the reasoning that to be In
line with other stocks 1t should be selling
between los and ITO as Z per cent. diyi-
dend payer. complain that they have been
freely supplied with the stock by a coterie
OF insiders controlling the market for It.
These insiders apparently have not wanted
to make movement In 1t themselves and
have sold tho stock to outside operators who,
without this Interference. would probably
have been able to advance Missouri Pacific
into line with the rest Of the market and make
a good turn In 1t. It would be supposed
that the crowd controlling the market for
the stock would favor movement with that
end In view, but, on the contrary, independent
operations In the stock have been discouraged,
and those who have tried repeatedly In the
last few weeks to bull II have succeeded only
In getting long stock from the pool. The
milking" process to whioh Missouri Pacific
has been subjected for many months Ia kill
ing the speculation In IL. The stock was
once a great speculative favorit$ It is the
only stock that can be remembered In which
corner did not kill tho trading interest.
The Ontario and Western transfer books
will close on Aug. 20 for the annual meet
Ing on Sept. 2S Until the closing Of
the books there is likely to be an urgent de-
mand for the stock for voting purposes.
Some observers have thought that the buying
OF rs 900 shares on Wednesday OF last week
by Edward Sw eet Il Co. pretty well cleaned
up the floating supply. an Inference bas cd
largely upon tho fact that 80 large proper.
tion Of the selling at that time was In small
lots. In view Of the heavy buying. presum-
ably OF a competitive nature. that has boon
seen from time to time since the agitation
for dissolution OF the voting trust began,
1t would seem remarkable that rs, 900 shares
could be bought on q market believed to be
practically bare OF the stock and advance
the price only per cent
There ought to be a sentiment hero in
Wall Street." said we'll known operator last
week. that would deal as severely With
fictitious reports and other fam iliar inventions
used to bull prices a. with bearish activities
Of the same sort. 1t seems TO be adm issible
10 lie about . stock TO put II up, or st lsass
Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1904-07-22
Night Was Her Terror.

VI would cough nearly all nigh,
long" writes Mrs. Chas. Applegate
OF Alexandria. Ind, land could
hardly get any sleep. had con-
sumption so bad that if | wa 'ked a
block | would cough frightfully and
spit blood, but, when all other
medicines failed, three 800 bottles
OF DR.. Kings New Discovery wholly
cured me and | gained So pounds. y
It's absolutely guaranteed to cure
coughs, Colds, Ii Grippe, Bron-
chitis and all Throat and Lung
Troubles. Price SOC and 800.
Trial bottles free at w. H. Baugh
Of Shoshone and w. V. Iorn's drug
store of Hagerman.
Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1904-07-22
No PITY Shown.

For years fate was after me con-
tinuously" writes f. A. Gullege,
Verbena, Ala II had terrible
case OF Piles causing ~ tumors.
When all failed Bucklin's Arnica
salve cured me- Equally good for
Burns aud all aches and pains.
Only 25c at W. II. Baugh, of Sho-
sLone and W. V. Iorn's drug store
OF Hagerman.
Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1904-07-22
st. Michael oranges and seed

st. Michael oranges and seed
less lemons at Hills.
Roy Miller came up from XII
mama Sunday. He has accepted
a position in Perrine's store at
that place.
p. B. Butler of Glover Creek was
in town Friday and Saturday. He
made The journal a pleasant call
while here.
Mrs. G. B. Novinger and son,
Frederick, went to Ketchum Satur-
day where they will visit Mr.. and
Mrs. Joseph Griffin.
VIM. Miller was arrested Satur-
day for creating disturbance at the
New Columbia hotel and was
brought before Judge Smith and
was given thirty days in Jail.
If you want your laundry done
in elegant style carry your bundle
to the barber shop of nj. A. Weaver
who is the agent for the American
Laundry, Boise. Satisfaction guar
anteed or no charge. 1Sw13
Arch Deacon Jennings of Nam
pa stopped off here Saturday on
his way home from convocation at
Pocatello, and remained over Sun
day. He celebrated Holy Com
at Christ Episcopal church
at nine o'clock Sunday morning, |
and said Morning Prayer at eleven |
o'clock. Bishop Funston arrived |
an No. that evening i'll time for
evening services. Arrangements
ire being made to provide Christ
'hurch with n rector early in Sep
ember. Just who will be sent
here has not yet been decided, but
Bishop Funston will see that Sho-
hone is provided. with an able
nan.
Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1904-07-22

Red aud black-cap raspberrie
at Hills.
Thos. Tague was down from
Kctohum Monday.
Russell Ingraham was up from
Jisg Wednesday.
Mary Davies is spending The
week at John Lumb's ranch.
Miss Lillian Dodge returned
home from Casper, Wyo, last Fri
day.
Bishop j. b. Funston was the
guest oi Mr.. and Mrs. w. y.
Crocker, Sunday.
Mrs. Sam Holt came up from
Minidoka Wednesday morning, re-
turning that evening.
Mrs. w. L. Hughes OF Rawlins,
Wyo., is in the city visiting at the
home Of her father, r. l.. Brown.
g. W. Wernicke and family are
now nicely located in camp at the
hot springs. They expect to be
gone until September.
Rev. III. w. Parker and family
and Miss Edith Hart OF Salt Lake
City left Wednesday morning on
ten days camping trip towards
soldier.
The Stellar Theatre company
will present "a Rough Diamond"
Saturday night at the opera house
The company comes here highly
recommended.
+. w. Coolidge and family viii
leave for Los Angeles, Cal, about
/. Mr., Coolidge expects to
be gone about two months, but the
family will probably remain for
two years.
Evan Williams and Joe Francis
came down the branch Tuesday |
evening, on their way back from
Rocky Bar, where they have been |
looking over some claims. They |
to Pocatello that evening
The editor Of The Journal will
cave To-Day for a short vacation.
i The journal should be a trihe
ate IN reaching some OF our sub
cribcrs next week it is hoped that
he occurance will be kindly over
ooked.
The Minidoka lands under the
irrigation proposition
ontinues in good demand. A
teady stream of homeseekers is
o'ng onto and inspecting the land
nd the large majority OF those
ho examine it file on homesteads.
Joe Wright was arrested Monday
II attempting 10 poison woman
/ the tenderloin district. He was
ken before Judge Smith on II
harge OF disorderly conduct and
wen three hours to get out OF !,
'wn or sixty days in Jail. He left
,wn.
Leo Bach OF Caldwell was brought n
avn from ketchnm Wednesday I
iening, having been seriously i'm d
lred the day before by his horse D
Hing on him. Mr.. Bach was re- "
Irning to has sheep camp near o.
etchum from trip east with
eep. He had ridden out some
stance from ketchum when his
rise slipped and fell on him. :.
r.. Bach was unconscious for
me time, but finally recovered -
fhciently to mount his horse and :.
lie back to ketchum Later, one = ),
ie became partly paralyzed and -
was thought best to take him Ito II
J home in Caldwell. of