davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
WEEK'S MARKET IRREGITIAR

The cattle trade this week somewhat ir-
regular, but. for the most part. the results were
about up to expectations. The week opened
with steady market for all kinds but imme-
diately considerable weakness developed in the
market for the big heavy steers. and to con-
summate sales reduction of about 10c had to
be made in prices. After the middle of the week
however. this branch Of the market began 10
rally. and the extreme close of the week
prices were fully high at the close Of last
week.
demand for the choice light 20 medium weight
steers all week, and, while prices generally were
not TO a great extent higher. a good. strong av-
erage was maintained at all times and the out
mand for feeding cattle early in the week but
the trading principally with professional
buyers The request from country sources did
not develop as much strength expected
and in the week with good receipts and
only a fair demand. the market weakened and
at the close OF the week prices were generally
10415c lower than the opening. There has been
a satisfactory market for the good cows and
heifers all week and strong prices were realized
up the extreme close of the week when IL
evident that the trade had been well sup
piled with hefers, and final sales OF this class
Of cattle represented a decline OF about iOc in
prices
on account of the proportion OF good cows
and heifers being ample the common 10 me-
dunn grades did not fare well as they have
heretofore, and while there was not a great
deal OF change in prices, IL was or less
difficult TO find an outlet There has been a very
fair demand for bulls all week and steady 70
strong prices have been maintained. The mar
ketng OF calves considerably larger than
usual and the result a sharp reaction i'm
prices. Good kinds at the close Of the week
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10

Bankers who attend the worlds fair at st.
Louis this summer will be entertained, wor
ried, the may be, by exhibition of
burglar tools. samples of the work of safe
crackers. and general assemblage of all the
paraphernalia that goes to make up the outfit
Of those who follow the gentle art of robbery.
Diminishing. aside from the case. the ques-
tionable policy of thus bringing prominently be-
fore the public exhibit relating 10 the under
world-foowing closely the regrettable misstep
which one or more of our popular magazines and
theaters have made In clarifying plain thievery-
the subject is interesting in the reflection which
Ii arouses, whether steel affords protection to
banks against burglary. That safe robberies are
not more numerous cannot be used by manu-
facturers of bank equipment as argument
that they have evolved impregnable system
against assault, for the simple reason that the
manufacturers themselves, in their fierce COM
petition. often foolishly expose the weakness of
their position by breaking open each other s
product In public tests. with the object OF show
Ing superiority OF one make as against another.
The greatest suppressor OF bank burglary in the
United States to-day Is the American Bankers
Association, with its record Of relentless pur-
suit. capture and punishment Of all crooks who
prey on banks. Still. even with this protection
which to the average reader might be considered
ideal, the bank burglary insurance companies
seem to be doing thriving business. and in the
large centers of population elaborate systems of
local electric protective devices. leading to a
common center. maintained at heavy ex-
pense. and watchmen paid by bankers
stantly on guard.-The Financier.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
TRADE IN GENERAL.

ST. LOUIS. April s.-Flour dull and un-
changed: red winter patents, 81 soa5; special
s46Oa4. IS; clear. s4g42 Is. Timothy seed steady
at 24Oa2sG Corn meal dull at 81 40 Bran
S5s"ay No saHe red CASH s ms9
ss&c; July. SEC; No hard. sOas2c Corn
lower: No. ?. cash. ACC; May. Ekc; July. 4Sl.c.
July, s7s.c; No. ? white. 4slzc. Hay steady;
at 81 S2i4. Iron cotton ties. Sc Bagging, slsc
Lard higher prime steam So 50 Bacon steady ss
short clear. S.S7ls. Reeeipts-Flour: 5000 brls:
corn $4,000 bu; oats. $1,000 bu.
KANSAS .ss SITY Apr ss5se
ST. ST.. %ines IS. ISIS; 3&ssss So
li3q42c; No. mixed, Aye. Rye-No. ?, &C.
Hay steady az choice timothy. ss5oa1o; choice
corn. 1900 b.; oats 5000 bu nea shipment
Wheat, 1880 bu; corn. 400 bu; oats. 5000 bu.
CINCINNATI April Ia sm % dull; Wheat
mixed, 5sikas4c. Oats dull; No. mixed. 42l4Q
43c. Rye steady No. 2, 76d7Sc. Lard steady at
SIS VIII a Hie nished G goods steady
on basis of sl-2S. Sugar easy.
DULUTH. April s.-Wheat-In store, No
s1ssc to arrive, No. hard s5Ssc; No. / north
ern.' e4lsc; No northern, 91Ssc; May, 9ilsc:
July, gao; september, s21ac- Oats-On track ana
to arrive. 39c.
MINNEAPOLIS, April 9.-Wheat-May, $40
95ssc: July, 94ssQ94s4c; September, S21sc On
track: No l hard, 97ls4Y7ssc; No. Northern,
6@sq9tssc; No. Northern, Sissa9i3sc.
TOLEDO April 19.-Clover Seed-Cash, s66219
April, $652ia; October, s5.52R Prime alske,
s6.O5. Prime timothy s1.45. Wheat-May, 99I4c;
July, S9c; cash. 81.
LIVERPOOL. April s.-wheat-Spot steady;
No. l California, IS Id. Corn-Spot steady;
American mixed, new. As 3d. American mixed,
old, As I'D.
BALTIMORE. April 9.-Wheat-Close: April,
S1O419; May, s1Ol. Corn-September, 51&c.
MILWAUKEE, April s.-Barley dull; No. 2,
62Q6Sc sample, 36Q59c.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
Lending a Railways Cash.

The money obtained recently by the Pennsyl-
vania Company from the sale of $50 600. 900
eighteen months notes was deposited in New
York banks where IL will draw interest of 3 per
cent. until IL is checked against to pay of the
companys Indebtedness. In commenting on this
transaction railway official familiar with such
operations said:
The rate of interest allowed the Pennsylva-
mia for idle working capital or what you might
call housekeeping money, is. l should say.
about the that all of the roads get for
such accounts AS a rule, the money is de-
posted with trust companies and transferred to
the working account in some bank as IL may be
needed Theoretically i have the right TO walk
into any of the places where we keep our
idle capital touch the cashier on the shoulder
and say, Give US our balance But we generally
know, a week or ten days ahead. when We are
going to need large amount, and while we are
in way obliged to do let the trust
company know il. For this consideration we get
a shade better interest rate.
1T was not great while ago that some we'll
known brokerage firms offered several of the
railroad companies handsome interest rate for
offer never seriously considered by any of
rectors cared to assume the responsibility of
passing on such collateral as grain receipts.
And 1t was only short time afterwards. too.
that bankers learning of the offer called and
dropped the hint that, were receiving a
fair and safe rate of interest, they did not ex-
pect to trespass in their field. adding that if
We did We would probably find in time that our
knowledge of collateral not complete as
theirs. New York Post.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10

-Inspection.-
-Output of Flour
Stock in Store
NEW YORK MARKETS.

NEW YORK, April 9.-Flour-Receipts 1894
brls; exports. sos brls. Market dull; winter
patents. s5.SOq5.45 winter extras, s3.25q4; Min
nesota bakers, si.10q435 winter low grades.
s3.l5Q3.sO. Rye -four dull; fair to good, $4,000
40: choice to fancy. s4.6Oa4sO Corn meal
steady: yellow Western, s11Sq1 10; city, a1Oa
LIZ; kiln dried, sSlOq3.15. Rye weak; No 2
Western, Sic TO arrive prompt Barley dull:
feeding. ACC c. i. (. New York; mailing. 55a65c
c. l. (. Buffalo.
wheat-Recepts. 75. 0c0 bu. Spot steady; No
red, s1.o6 nominal elevator and s1.07QI10 nomi-
nal f. o. b. aioat No Northern Duluth, slOi5s
nominal f. b. afoat; No. 1 hard Manitoba
steady on cables and further crop and weather
complaints from the West Later prices weak
ened outside trade was dull and the crowd
feared bearish government report. The close
was 4G%c net lower. May, s65sas7c closed at
s67sc; July. 80 7-16q93c. closed s2ssc; Septem-
ber si7,GS5hc. closed at SAC; December. s5hg
'' corn elGseS a $500 bu Spot steady No.
nominal elevator and Sac T. o. b. afoat; No
yellow, SIC; No. white, Soc. Options opened
duh and later declined with the West. closing
5oa.c. July closed at 55%c.
Oats-Receipts. 1850 bu: exports COS bu.
2 white. 4Se: No. white. 46s.c. Options dull
Hay quiet; shipping. s7ls@7Oc: good to choice.
is 2assc 1907 ssa.se oids s@iae Go Paeihc
coast, 1903. 24q3lc; 1902. 23q27c; olds 9dl4c
Hides steady; Galveston. 20 to % lbs. lsc: Cali
domestic fleece. 2sGsac.
Beef dull 6. ss%ily $40
extra India mess. si5al7. Cut meats quie,
picked bellies. s7as: picked shoulders. S. 30;
picked hams. ssSogio. Lard weak; Western
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
LOCAL WHOLESALE TRADE
IMPROVED THE PAST WEEK.
Trouic Conditions Now Favor Expan-
sion of Business-Prices in Gem
eral Are Unchanged.

In review Of the local wholesale and jobbing
trade the past week the local trade journal
says:
with the subsistence of the floods there has
been a much better tone the whort market
throughout the week. The roads are still In
rather poor condition. but it is no longer neces-
sary to swim them. some OF the travelling
men declare has been necessary. Dry goods
trade looked good There was a goodly nurnDeET
of visiting buyers in. and the filled conditions OF
the tills bore witness 10 liberal purchases Prices
unchanged and firm: s.o.,o,o-v
and drugs all showed quickened trading though
conditions have been so much against them. IL,
strike it's gait 70 within he fe~ days and the
volume Of business will approach oo9Hl stae
effects less than any other line of jobbing; goods
ordered freely wherever VEINS i nan
could reach his customers. Tor tne. pSop,e van
oct slon1 v,s,hou, everything but their eats
Prices in general remain unchahgea. S ihrsi
goods and dried fruits hold oS to are noy euttang
consumption. Fresh green gooas are Hoe Su'AAs
much figure this year as yet <u,x
The rice situation is shown ny the Iono" in
statement from lfouisidiia hOuSS - ~ - -
An account of the stock of japan rices held
~ the mills OF southwestern Louisiana and
TEXAS has been made and IL dfscloses that there
IS not sufficient quantity Of the medium ana
better grades fiji the trade requirements OF
tbe United States at large until the arrival OF
the new crop in October. and therefore, me
holders are not willing 70 , 1e 'hss nd PsVe with
drawn them from the market. We anticipate
that there will not he 6ny offerings for some
There is no cornering design in this. Il Is
plain business Anybody and everybody holding
would be very cautious about letting IL go out In
any quantity when a certainty OF mucn higher
A strange feature of the disturbed conditions.
account Of the floods. Is that. notwithstanding
are reported being remarkably liberal and
prompt.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
Cattle Trading, as Usual, Was Slow
Yesterday. hut the Market General
ly Was Reported steady.
Receipts and Shipments.

UNION STOCKYARDS, INDIANAPOLIS, April
e-Hogs-The receipts to-day were not in keep
ing with the supplies heretofore this week. and
show decrease compared with week ago
and year ago. All kinds were represented. the
quality generally satisfactory yester-
day. and some Of the best big hogs that have
been here this season were represented. The
market opened with only fair request from
shippers; or. rather, il was evident that they
did not have great many orders to execute.
and local packers bidding lower prices.
Soon. however. shippers began buying the good
hogs at fully steady prices compared with yes
terday, and this, usual, encouraged the de-
mand from local packers. which finally resulted
in active market yesterdays prices. There
is doubt that sales were stronger than
the kinds could have been sold at the
close yesterday, but higher than yesterdays
average. With all buyers in the field the small
supply exhausted. and the market
closed steady at opening prices. Sales ranged
from s. TO $3.50, and the bulk of the supply sold
OuO faff0
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
ELSEWHERE.

CHICAGO. April 9 cattle-Receipts. 500;
market m a nominal Good to prime Ee steers steers,
srs and feeders poUr s21Sa4a5 cows s2a4a
heifers. s2.25Q5. 25: Gamers, s2Q25o; bulls.
s2.25G410; calves, S2.5OQ525; Texas fed
steers, $4G4.60.
Hogs-Receipts to-day. 5000: Monday.
$4,000: left over. 6.2o4; market steady. Mixed
and butchers. s4OQ5.S211; good to choice
light s4S5 dS TO- bulk Of sales sis5S5io.
Sheep-Receipts, 1850; market steady;
lambs steady. Good to choice wethers, 4.75
Q5.65: fair to choice mixed, s3eod4: so; West
ern sheep, s4.35q5.15; native lambs, Si.50Q
$50; Western lambs, S55Oq6.2o.
NEW YORK April 9-Beeves-Receipts 10.
There was trading in live cattle and the mar
ket nominaly steady. Dressed beef slow at
6lsdshc Shipments $50 cattle, 30 sheep and
4,300 quarters of beef.
Calves-Receipts, 81, all consigned direct.
There was trading and the market was nomi-
naliy weak Dressed calves slow; city dressed
veals. 7Q10c per Id; country dressed lower at 80
Sheep and Lambs--Recepts, L7so: The mar.
there were IL cars unsoId. Wooded sheep nomi-
nal; prime clipped sheep, s&s5; unshorn lambs.
ne snocs he ep were none ot
sale on live weight and the feeling was steady
KANSAS CITY. April s-Cattle-Receipts. 200.
be ns sseers fair to good Aa sssos
Western fed steers. s3.eoQ4s go; stockers and feed
cows saS6asS; native cows, ssa4; native
heifers. sa.5094sO; bulls. s2SGS.S5; calves, $50
DO.
rop $50 suIH Of sales sss $500 heavy s
none P The I market Was no
nally steady, Native lambs, $ 2SgS 75 Western
s. sOa5 IS; stockers and feeders, sa945o
$500; sheep. 1890
ST LOUIS. April s-Cattle-Receipts. 900; no
ping and export steers, 81 75q5 4o dressed beef
lbs. sSSS5le: .' stocters and eeders ss%stiS:
cows and heifers. 81 25G4 40; Gamers. s21oq2 so;
diam steers S. 5OSaSc; cows and heiferss sasos
$50
Hoss.Res..pss. LOO The market was steady ~
butchers and best heavy. $51Og5.S0.
shsep-Eseeipts. loo. The a. market ,as. was
az; culs and bucks s3q425; stockers. s2ff3
CINCINNATI. April s-Hogs active at s4a4.5o
Cattle strong at S2satS' 80.
.4 fsssP steady at ''S'''- Lambs steady at
PIrrsBURG. April e-The Ohio Live Stock
Commission Company reports receipts of cattle
Receipts Of hogs: l:5OO; heavy selling at $40
S5S5e. az light Workers at sssca5.as and pigs
Receipts OF sheep and lambs. 800 Sheep SELL
ing from $50 down and lambs from S6.15 down
OMAHA. April s.-Cattle-Receipts 100. The
market nominally unchanged. Beef steers
and feeders, s2.7591I5 calves. s5g6.
Hogs-Recepts, l. 200. The market was SC
higher. Heavy As595.l5; light. s4s5a5; pigs.
S4G4S0.
Sheep-Recepts. 1000. The market was
steady. Sheep. s3d5-3O; lambs. s5a590
LOUISVILLE, April s.-Hogs-Choice packers
and butchers, 200 TO 300 lbs s.. 10; medium pack
crs 165 10 200 lbs $40: choice light shipping,
I2O to 1s5 lbs. sl.95; choice pigs 80 TO I2O lbs,
$3.50; good pigs 50 TO 80 lbs, s4q4lO; roughs. 80
to $50 lbs. H0465.
BUFFALO. April 9.-Sadler, Huddleston & Co.
report receipts OF hogs 1000; mediums selling at
s5.45q555, Ycrkers at s5.S5Q5.40 and pigs at s..
Sheep and lamb market steady.
Cattle steady
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
MEXICAN RAILROADS.

The connection Of the Mexican government
directly with Mexican railroads, in financial
way, dates back only eighteen months. At that
time conditions created which rendered
it imperative for the government TO take more
than a passive interest in railroad matters and
a measure of precaution. well as protec-
ton. 1t was decided TO assume a position which
would control the situation.
This attitude brought about by the effort
of the four principal railroad systems OF Mexico
10 merge-the Mexican Central, the National.
the International and the Interoceanic Railroads
and by this means, under a single governing
body control the commercial and Industrial in
terests OF the republic. The Mexican govern
ment looks with an unfavoring eye on monopoly
OF any kind. and this OF the railroad
companies was considered detrimental TO the
cordingly determined upon 10 thwart the plan.
To do this, IL was found necessary to invest in
the securities OF the railroads mentioned as the
most efficacious method Of preventing consolda-
ton. In pursuance OF this policy the first steps
taken by the Mexican government obtain
the majority Of the voting power In the Inter
oceanic which ultimately secured by the
purchase OF fl.ooo.OOo OF debentures. which rep
OF the government effectively blocked the scheme
OF the National Railroad to obtain an outlet to
the Gulf Of Mexico at Vera Cruz. which IL had
confidently counted upon.
Being foled in this respect. and urgently need
ing terminus at gulf port. the National
Railroad Company now made overtures to the
Mexican government 10 enter into a traffic ar
Tangement Tor the purpose OF making use Of the
ever. as last resort, the National proposed the
sale OF the control OF its securities TO the gov
eminent. which. after consideration. formal
ly accepted. BY these the government
placed itself IN a position which enabled II to
prevent present future combinations of rail-
way companies to control traffc. Under the new
arrangement the Mexican government came into
possession Of 100 900 preferred shares of the Mex
lean National out OF total OF go. 900; go aga
shares OF second preferred shares. GU, OF a
total OF 222, $685. and l05 2Ss deferred shares out
Of a total OF III. le6 shares. giving the govern
ment 2ss. 7z7 shares out OF grand total OF e53.-
500 shares. AS part OF the purchase price OF
these shares the Mexican government trans
ferred TO the National Railway Company the
Interoceanic Railway. by this means the
National Railroad obtained control OF the Inter-
oceanic system.-Wall-s Journal.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
England Has a Deficit.

To people unfamiliar with the history and
precedent Of the British fiscal system. surprise
has been caused by the amount of discussion
the SIS 0oO 900 deficit in revenues for the
fiscal year ending March 81 But the fact is.
revenue deficits in time OF peace are most un-
usual in English history. and very Ill re-
ceved- The special reason lies in the different
theory of public appropriations there and here.
In the United States. one congressional COM
mittee fixes the years appropriations and an
other adjusts the sources OF revenue, and the
treasury cannot help itself when Gas in 1892
1893 and 1890 Congress authorizes larger ex-
penditures than the revenue will provide for
In English theory. Parliament comedies this
that tax. asked for by the government and
the government arranges the spending. Ii is a
modern adaptation OF the old theory which drove
Charles the First TO ask fresh taxes from his
Parliament. But Ministry which in time of
peace spends more than was originally granted
1t. is not popular. and has to make very plain
apologies
In the twenty years preceding the Boer war
outbreak in 1S99 only three marked by
deficits. those three being 1885. 1856 1894 The
surplus ran once-in lS96-as high as SIS, $780, 900:
II fell IN 1900 to s69 600 900 deficit. and in the
fiscal year ending with March. 1902. sir, 800
900. But these were war dehcits.'-New York
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10
Quack Music Teachers.
Leslie's Monthly.

LeSlle monthly.
"Ninety-fve per cent. of all vocal teach
ers are quacks." said an old musician. Few
singers would doubt the assertion. Prob
ably in no other kind of work can a man
who knows practically nothing about a
subject do quickly a lucrative amount
or teaching. There are many common
types-the piano teacher who cannot get
enough pupils to make living. the broken
down, old-time singer, the derelict OF the
concert halls who never could sing him
SELF, but who now gives fifty more les
sons week at from IS to s. each, and
many more. Their half hour lessons may
be said to consist one-thrd of chat and
gossip, one-third OF scales and exercises
and one-third of the singing of the pupils
favorite songs. all interspersed with just
enough communication and criticism to
keep the pupils good opinion of both her.
self and OF her teacher There are teach
ers who make their pupils sing at a brass
headed tack In the wall, and there are 9TH
ers whose training has not only ruined
voices. but temporarily harmed general
health as well. over against these charla-
taDs of the profession there are conscien~
tious men and women who can detect
faults in a voice and know how to cor
rect them, who are a constant inspiration
TO the students musicianship and who
work carefully and enthusiastically for
each individual pupil
1t Is not easy to tell the good teacher
from the quack, and you will find bitter
early experiences III many a successful
singers career.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-04-10

were selling right at 81 per 100 lbs lower than
the opening and others IN many cases were
probably 81 % lower. The highest prices paid
this week were s5.25 for fat steers. ss3 for
feeders 81 - for heifers. 81 30 for cows. $50 Tor
bulls and 81 for calves.
THE SHEEP MARKET
The marketing OF sheep and lambs continues
quite small the total this week being nearly 300
smaller than last week over 1000 smaller than
the same week a year ago and over 500 smaller
than the corresponding week two years ago Thus
far this year the receipts over $500 smaller
than the same time last year, and for the month
thus far there is decrease OF 1900 compared
with the same period a year ago
On account OF the continued small receipts OF
sheep and lambs there has been no new devei-
opments in the trade here this week Inc re-
ceipts at all times have been too small 10 estao-
lIsh range IN prices for any grade. ana sew
eral days there were not enough TO estaplsn
prices for all kinds. Local butchers have been
unable TO get enough 10 meet their normal re-
quirements. and they have purchased the offer
ings promptly.
The supply at no time large enough 10 in
terest shippers: therefore there was no compeu-
ton in the market and statesmen did not have an
opportunity 10 make test OF the strength or the
demand. However, IL has been possible at al
times TO sell the small punches offered at steady
to strong prices and az the extreme close OF the
week there evidently upward tendency
in values Most OF the week there We're no
lambs here good enough 10 bring over S9ts. but
at the extreme close choice kinds were selling as
been salable as high $3.50 and old sheep as
high as 81.
There were not enough arrived to-day 70 es-
tablsh prices for any grade and as usual under
OF Improvement TO report in the market COM
pared with Yesterday. Quotations.