davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25
FINANCIAL.
FINANCIAL.
A Business
Proposition

corporation, organized to engage in manufacturing,
has on its own ground and owns outright volume
of raw material which, when converted into the fin
ished product will be worth, according to a conserva
tive estimate, one hundred millions of dollars.
For this product ready violent
tons in price
The the
finished
be estimated to be worth evenyhve millions of dollars
With the which being provided for the will
manufacture about $6ooooooo worth goods On its capital
of 100000 should for
Several who each made mil
lions the business They the astute
in this business and the fact they have of
enterprise confidence safety
of the
Several of the other organizers who have the highest and
practical knowledge the have all their
the enterprise
AS intended broader scale than
for which equipped proposed sell shares the
100000 treasury stock at S. per of par.
This order
those organizers who have already all their the
enterprise.
who heretofore have
and looks if the investment will about IS per the in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25
An Attractive Opportunity, Is 1t Not?

The corporation above mentioned THE GIBRALTAR MINES
SYNDICATE of Bulfrog, Nevada.
AS shall of The
Philadelphia staff of
printed June says:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25

and across the ground known the Phillips and
Morris group This group is composed CT the Dia-
mond Hitch Leroy No. and Leroy No. claims.
located so advantageously this group is, with
the great Tramp ledge certainly extending across
the ground gives the earmarks eff great mining
proposition to these claims. which would seem to
justify the purchase even at greater figure than
that which necessary to command the success
full termination of the deal"
THE Tiger ledge Of the Eclipse also into
the Gibraltar property This vein Is ever thirty
feet wide and six prospect holes on the surface
sayed from $40 to $780, averaging ST."
Thus it will be that Bonanza Mountain is
the cream of wonderful district and that the
Gibraltar Mines Syndicate has picked up the cream
of the mountain The mere facts stated abave
may not seem much to the uninitiated, but when
the experienced. calculating and skeptical mining
mamie who has heard storieI of these wonders
and desired them-comes and for himself. he
goes into raptures of delight and enthusiasm. It
matters not that the riches not for him. To
behold such a rarity is enough
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25

Continued on page eighty
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25

This influence affected the stocks OF other
railroads affiliated with the Reading
through Pennsylvania control The second
quarterly dividend at 1 per cent declared
by the Tennessee Coal and Iron Company
was regarded as fixing the rate and was
helpful to the steel industrials.
The incubus of the Equitable Life affair
has not been entirely removed from the
market. but it was ignored in the prevailing
hopeful temper of the speculation, was
the case with other incidents that would
be effective in prevailing spirit of depres-
sion.
The most cheerful view of the matter ex-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25
Doubtful Pleasure for Paris.

They say their brnthrer ~ I've contin'
are silly TO get excited about il
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-25
FINANCIAL.

AAA AAAAAA AAAiA
It Capital and Profits. 81 $50. 900. ~
x Deposits over $500 000 N
The Birmingham age-herald., 1905-03-24
SMALL NET GAIN
 IN FINAL PRICES Interior Holders Are Withdraw-
 ing Spot ( fering8 SOUTHERNERS ARE BUYING Quotations Gradually Worked Upward Until Middle of Session and at
 the Close Were Near
 the eesAs
SoUTHERNERS ARE BUYING

New York. March 2s.-The cotton mar ket was quite but selling was check ed by reports that interior holders were withdrawing spot offerings on the de- cline and with a moderate demand for covering and from spot houses the mar ket ruled generally steady with final prices showing a slight net gain. The opening was steady at decline of points in repsonse to cables, and follow ing the call prices slipped off another to points on the active months under a Continuation of the scattering liquida- ton and bear pressure noted during the previous day. At the decline spot houses were seen so be buying and with private reports from the south indicating greater firmness in the spot situation the mar ket began to do better with yesterday s sellers covering and some demand for long account from scalping interests who followed the lead of the big spot houses. Quotations gradually worked upward til the middle session and at the close were within a point or two of the best, net to points higher. Sales estimated at l5oooo bales.
 Receipts at the ports today, 23 262 bales against q ,s4S last week and s5s5 last year. For the week (estimated) l6o, GO bales against l47, 65s last week and 63 ,- GOO last year. Today's receipts at New Orleans e647 against 4ooo last year and at Houston 5253 against 3e9 last year.
 New York Cotton Futures.
The Birmingham age-herald., 1905-03-24
LOCAL MARKETS.


 Cotton prices held up steady and un- changed. Spot quotations are 7ssc for the best grade, with sales light
 The staple grocery market has remained practically stationary the past week. Feed stuffs are firm at Wednesdays close. Business is active on Morris avenue. Sales of staple vegetables and fruits are quite brisk. The spring vegetables from the south are being received on the ave- nue. consignment of tomatoes from Cuba was received yesterday. The Flor ida crop will come on a little later A large and choice stock of cabbage is on the street. Prices are off Pc, the mar ket closing yesterday 11k@1Ac per pound. Irish potatoes are off Dc on the bushel with a nice stock on the market. Seed sweet potatoes are quoted 25c below Wednesdays prices.
 Eggs hold firm at 12@121hc per dozen. Butter is quoted 15020e for fresh and 26c for the renovated stock. Poultry quota tions are unchanged with brisy demand. The stock in sight Is limited.
The Birmingham age-herald., 1905-03-24
New York Cotton Futures.
Daily Cotton Movement


 Galveston-Steady; middling 7%; net re. ceipts 4S13; gross receipts 4S13; sn.es 12f9, stock 157,s62; exports coastwlss 1921 $3.2593. .50.
 New Orleans-Steady middling 71k; net receipts 9647 gross receipts 9647; sales HOO; stock 255, 426 exports to Great Brit tain 400; continent 17,0O0
 Mobile-Qquiet; middlng 7ss; net re- ceipts 459; gross receipts 459; sales 250; stock 32095; exports coastwise 50.
 Savannah-Dull; middling 7%; net re- ceipts 3003; gross receipts 30O3; sales 317 stock 50.758; exports to Great Britain 3626 continent 15o; coastwise ell.
 Charleston-Quiet; middling 7st net re- ceipts sse; gross receipts s76; stock 15,OOs mington-NominaI; net receipts 93S; gross receipts 93S; stock 12.710.
 Norfolk-Quiet; middling 7A; net re- ceipts 2O16; gross receipts 2O16; sales 4S7 stock 34,326; exports coastwise 1891 Baltimore-Nominal; midding SIS; gross receipts 165; stock 53s0
 Boston-Quiet; middling s15; net receipts 1885; gross receipts 2115; sales 50.
 Philadelphia-Quiet middling $40; net receipts 25; gross receipts 25; stock 2e96 New York-Quiet; middling S15; gross receipts 1715 sales 573; stock 6S,SS9; exports to Great Britain 39S3
 Total today at all ports net 23, 262; ex- ports to Great Britain 11,6o9; France IT, 150; stock 644100.
 Consolidated at all ports net 145.545; ex- ports to Great Britain 49,15S; France 7290 continent 47,247; Japan 6131; Mexico 65O Total since September 1 at all ports, net 7,60S 402; exports to Great Britain 2,S1S, ,351 i, France 629, 166; continent 2,44O,135; Japan 160,S29; Mexico 26,120.
The Birmingham age-herald., 1905-03-24

driving down prices The events of the morning proved the justification of their expectation. The extent to which the reaction had run at the low level of the morning induced caution on the part of bears, and prompted large covering of short lines. The manner in which the rally was extended also suggested that a considerable element amongst the pro- fessionals had turned to the long side of the market again on the assumption that the market was ripe for further rally. The days fluctuations were al- most wholly due to such considerations as these, and news of actual conditions bearing on values played little part in the market.
 Belief that the proposed stock transfer tax had received a setback at Albany, was accepted as good news in stock mar ket circles. The assembling of the Brit ish cabinet was made the occasion for the revival of explicit reports of a move ment among the powers to bring about peace in the far east. The break in the wheat market was regarded as an evil dence of good crop prospects The special movement in Colorado Fuel was an eff fective factor in the rally. and was based on subscription rights to new securities HI Il cuboiuidt9 idCl COlipdIlJs All III crease in the dividend rate by one of the great foreign copper companies was a sustaining influence for Amalgamated Copper. Baltimore and Ohio was notably firm throughout on its good report of February net earnings. The time money market became easier, and the bid rates for short-time loans were reduced again.
 Sterling exchange fell to a considerably lower level and the Bank of England return showed another improvement in English money conditions. The inter- domestic demand for funds. however shows signs of growth, and while there is no scarcity of money, yet the attitude of lenders toward speculative borrowers Is not encouraging, and additional care in the scrutiny of collateral for loans is reported. This outlook impressed the belief that stocks are not yet ready for any strong resumption of the upward movement, and as a consequence prices moved in an unsettled way, suddenly rum ning off during the final hour, in some cases the lowest of the day, and then rallying strongly and closing firm at about the top level.
 Bonds irregular. Total sales, par value, $3735,000. United States bonds were all unchanged on call.
The Birmingham age-herald., 1905-03-24
RAID ON PRICES
 MADE BY BEARS Fall Upon the Stock Market in
 All Direction MARKET SEEMS IMPROVED New Auspices Are Presented for the Merger of Southern Iron Prop critics, Rumors of Which
 Are Revived.
MARKET SEEMS IMPROVED

New York, March 23.-The bear party fell upon the stock market in the early dealings today. and raided prices in all directions. The result was to shake out tho weaker class of holdings so effectually that the health of the market seemed considerably improved, and there was sub stantial recoveries There was a very notable revival of some of the rumors which have figured in the speculation for the advance, especially when the check to the decline was effected today. For tho few days past that the market has been on the down grade the interest Tn these rumors has grown so feeble that 1t would be difficult to understand the previous force they seemed to have.
 On the recoverey today, the story was heard of a coming merger of southern iron companies, although new auspices for the project were presented The pro- fessional element amongst the operators seemed convinced by the events in the last few days that a considerable decline in prices was before the market still. This served to encourage the organization of the bear party, and the elaborate scale of operations on which this proceeded. 1t was believed from various indications and intimations that very extensive liquidation had been accomplished already on the part of those who had accumulated stocks on the largest scale on the score of merger rumors, professed expectations of dividend increases and other influences which had carried prices to the excessive level before the reaction.
 With this liquidation effected, 1t was presumed the market no longer would have the benefit of the powerful organ ized support which had guarded it until this important speculative liquidation was consolidated. The bears. therefore, were hopeful of inducing forced selling by
The Birmingham age-herald., 1905-03-24
Nem orI. Ans cotton Market

New Orleans, March 23.-Spot cotton steady; demand good at full board fig ures. Sales $500 bales, including HOO to arrive. Quotations unchanged. Futures were dull and lower opening l to points down. By the middle of the session March was points higher at 7.46, May and July each points up showing a steady gain from the opening with slight fiuctua- tions, Liverpool cables said that peace rumors gave that market better tone near the close. Estimated receipts for tomorrow:
 New Orleans, $500, against 1875 last year; Houston, 4500. against 1907 and Galveston, 5000, against 2sd2. In the tad ing May opened at 73S declined to 7.36, advanced to 7.50 and finally declined to 7.4S. The market closed steady with net gains of to Il points.
 New Orleans, March 23-cotton futures steady. March 7.52 bid; April 7.4917 5t i: May 7.4sGi749; June 7.506f751 July 7520p 7.53; August 7.55@757; September 757a759 october 76i@z62 November 763@7.s5; De- cember 766G7.6S
 New Orleans, March 23.-Cotton steady; sales $500. Ordinary 5 1-16 good ordinary 6A; low middling '; middling 71k; good middling 77; middling fair 5-l6 Re- ceipts 9647; stock 255. 426
The Birmingham age-herald., 1905-03-24
sm ,.Ien e co.,a Market Letter.


 The cotton market showed a little more strength today than what it did yester- day. Liverpool was about as expected, showing a decline of about three points at the opening for futures and closed orly one point lower than last night.
 The local market opened about un- changed. sold off 8 to 4 points. after which there was a rally of about 10 points. The port receipts were estimated at 2s,000 bales against 924O. Houston es- tlmated receipts for tomorrow 4500 against 1900; New Orleans 9500 against 1G00; Gal weston 5000 against 2662. The weather map shows generally fair weather throughout the south and preparing land well under way in the southern part Nof the cotton belt There has been some falling off in the spot demand both at home and abroad and the acreage question for the new crop will no doubt govern prices.
 All indications are for a big reduction i1 the acreage in face of this and the late season we can see but one side to the market for long pull and that Is the long side.
The Birmingham age-herald., 1905-03-24
Coffee Market.

New York, March 23.-Coffee. spot Rio, steady; mild quiet; No. ' invoice. steady and unchanged.
 Futures steady at an advance of five to ten points in response to higher Eu- ropean markets and predictions of lighter Brazilian receipts. Trading was quiet and there was not much more switching than has. been a feature recently, while prices showed some improvement, owing to the demand credited to Wall street houses and for European account The close was steady at net advance of to 10 points. Sales s6.250 bags. March 6 25; May 6.40d6. .45; July 6.55G6.6 Sep- tember 6.so@6. .s5; December 7G7.05; Feb ruary 7.10.
The Birmingham age-herald., 1905-03-24
Metal Market.

New York. March 23.-The London tin market unchanged for spots while fu- lures were lower at als4 12s Cd. Locally quiet and without material change. Cop per was a little easier in London, spot closing a67 12s Sd and futures 96s. Lo- cally quiet: lake s15.s71aQ15.5O; electro lytic $15. 25@15. .371a; casting s14.S7hq15. 25. Lead unchanged both locally and in Lon don. Spelter steadier at f23 los in London but weak here at $6d6.10. Iron closed az 54s Sd in Glasgow, and at 49s in Mid dlesboro. Locally iron was unchanged.
The Birmingham age-herald., 1905-03-24
Frisco System.
Southern Railway Co.
Schedule in Effect June 10 ,oos

Scneoule in Effect June 19, 1905. Trains leave Birmingham as fololw.. o'iV a. m'-No. SS for Atlants, Washing. ton, Baltimore. Philadelphia. New York and the East. Pull. man Drawing Room Sleeping Car. Birmingham to New York
 o;zo a. m.-No. 9 for Montevailo. Ma plesville. Selma and way sta- i<;zo ?. m.-No. 35, for Columbus. West Point Winona. Greenwood and Green ille; also shenield and Florence and North Ala buma points.
 o'4o D. m.-No l5. new train. for Cordova, onkman, Corona and way sta tons; also Blossburg. '" p. m'-No. 2. for Ani.iston and way stati--: T Taliadega. DID ?. m.-No. G6 for Atlanta. Jackson. vills and all Florida points: also Charlotte. Richmond. Washington. New York and the East Pullman Sleeping Car Birmingham to Jackson vile; also Birmingham to Richmond. Vn.
 lo;2o D. m.-Nn- 7 for Columhus, West Point Winona. Greenwood and Greenvills. Pullman Draw ing Room Gioeping Car Bir- minRham to GreenvilIe. lz'lo a. m.-No. 21. for relma. Mobile and way sta.ions Pullman Draw Ing Room Sleeping Car Bir- ningha to Mobile u;So D. m-No. 9S. new train. for Atlanta. Annisfcn and way stations Pullman Drr wing Room Sleeping Ca, Birmingham 10 Atlant- Sleeping car can ,s occupied at Union station s:30 D. n.
 For detailed information and sleeping car reservations appiy passenger office. Morris Hotel building. Telephone s17. ]. N. HARRISON. Dist Pass. Axt.
The Birmingham age-herald., 1905-03-24
Eostnr 6 co.,s Market Letter.

Cotton-Our market opened to points lower this morning with port receipts estl- mated, 2400J vs. S145 last year. Early trading inclined to the bear side, but at Il 30 the market Is quiet and very steady We have had pretty good break in the past two days and rally seems due. Re- ceipts must continue large the remainder of the season to materialize the large crop estimate. As we stated yesterday. we think purchases on breaks and sales on advances will bring reasonable profits
 Stocks-Market opened at about yes- terdays closing, ruled steady for a short time and developed weakness. The iron and steel stocks showed more strength than any others and it looks as If the merger question was up again. We look for sagging market with occasional rallies for some time yet.
 Grain-Wheat is lower and up to this time, Il 30, has been very weak and deal ing. Unless some disaster comes we look for July and September to work lower. If the feared corner in May should come these months will be affected but in the long run they should sell lower.
The Birmingham age-herald., 1905-03-24

Cash quotations were as follows Flour-Easy.
 Wheat-No. ? spring, s1 .oSa1 IS; No. 3 s1.02Q1 .12 No. 9 red, $11391 .15zs Corn-No. ?, 4712c; No. ? yellow. 4Sc. Oats-No. ?, 3o1kc; No. ? white. S2A@ S3isc; No. white 30A@32c.
 Rye--No. ?. 7Sd7S1kc. Barley-Good feeding, sSd40c; fair to choice malting, 43G47c.
 Flax Seed-No. 1. .25; No northwest ern. s1.37.
 Mess Pork-Per barrel, SIP. .70G712. .75. Lard-Per 100 pounds, 36. 971zG7 Short Ribs Sides-Loose. $6. .75n7 Short Clear Sldes-Boxed, $707 .121a. Whisky-Basis of high wines. SIPS. clover--Contract grade, s13.35. On the produce exchange today the quo tations ranged as follows:
 Butter-Firm; creamery. 20G27c; dairy. 1S623c.
 Eggs-Steady; firsts. 16c; prime firsts, 17c; extras, 1sc.
 Cheese--Steady. 12G13hc.
The Birmingham age-herald., 1905-03-24
Live St. =: Market.

Chicago. March 23.-Cattle, receipts 1000. Strong to loo higher. Good to prime steers. s5.15q6.25; poor to medium sS.sO@ 5; stockers and feeders s2.6O@4.75; cows $2 .SOq4 50; hefers $3Q5; canners $1. 50Q 2.4O; bulls $2.50Q4; calves $3Q7.
 Hogs-Receipts 5000; market 5c to 10c lower, mixed and butchers, $5.15Q5 .35 good to choice heavy $5.25a5. .37A; rough heavy s5.15q5. 25; light s5.l0Q5,25; bulk of sales s5.10Q5.30.
 Sheep-Receipts 14,oO0. Sheep and lambs steady; good to choice wethers s. 75@ 6.30 fair to choice mixed s4 8Od5. 40; west ern sheep $5@6.30; native lambs $5.50g 7.65 western lambs $6. 4GQl7. 65.
The Birmingham age-herald., 1905-03-24
Interior Movement.

Houston-Steady; middling "A; net re- ceipts 52S3; gross receipts 52S3; shipments 47S5; sales 339; stock 64,003.
 Augusta-Quiet and steady; middling 1916; net receipts 695; gross receipts 695; shipments 123S; sales 107; stock 61,24l
 Memphis-Quiet; middling 7%; net re- ceipts 91S; gross receipts 1924; shipments 2406; sales HOO; stock S9744.
 St. Louis-Quiet; middling 11-16; net receipts 1250; gross receipts 4o41; shipments 2969; stock 45,9SS.
 Cincinnati-Quiet; net receipts $50; gross receipts 495; stock 6550.
 Louisville-Firm; middlng 7A.
 Total today: Net receipts S496; gross receipts 11,S93; shipments 11,S93; sales 1546; stock 267,559.
The Birmingham age-herald., 1905-03-24

sellers show no disposition to weaken re- garding prices They assert that the sold-up condition of so many lines makes 1t unwarrantable for the buyer to expect any concessions. The attitude Of the latter continues one Of conservatism though buying Is apt to show slight in- crease of limits in certain directions.
The Birmingham age-herald., 1905-03-24
Eciids.
Money on Call,

firm. 3GS1a; closing bid. 3A; offered at 5h; time loans easy; sixty and ninety days. 34@316; six months. 31s.
 Prime mercantile paper. 3s4Q41a; sterling exchange weak, with actual business in bankers bills at 4s5 .70d4S5. 75 for demand and at 4S3.S094s3 .s5 for sixty day bills; posted rates. 4s41ad4S5 and 4S61k@4S7. Com- mercial bills 4S31s. Bar silver, 571k Mexi- can dollars, A. Government bonds steady; railroad bonds irregular.
The Birmingham age-herald., 1905-03-24
cIearlnas and Exchange.

Memphis, March 2s.-Clearings, s72s. eos; balances, $162, ,5S6.
 New Orleans. March 23.-Clearings. 3D. s55375. New York exchange s1 per 5000 premium. Commercial paper. sl per 5000 discount.
The Birmingham age-herald., 1905-03-24
JUST ARRIVED.

First shipment over made to Birmingham-Fancy Col orado apples in boxes. They are fine. For sale by the Creek American Prod u Q Co, 2OO6 Morris Avenue.
The Birmingham age-herald., 1905-03-24
Ward e Lelan;. Marked Letter.

very quiet contract market in Liver pool was influenced by sales on orders from the continent Little offering. but less wanted, expressed the spot situation in one cable. At the close. options were unchanged to 1 point lower and spots 4 points down on sales of 5000 bales
 Weakness developed around our opening on selling pricipally by room traders. After a small decline had been registered the market steadied on buying induced by cables purporting that peaces between Russia and Japan was not very remote. The movement is still most liberal and weather conditions generally good. Spots S.. however, were in slightly better demand which helped materially in maintaining the small improvement in contract values. Other interesting features were entirely absent, and the volume of trading modest.
The Birmingham age-herald., 1905-03-24
Treasury Statement

Washington, March 23.--Today's treas
 ury balances, exclusive of the gold re- serve, shows available cash balance s14o,- 221, ,520 gold, s65s31 ,s39.
The Birmingham age-herald., 1905-03-24
ch;.aoo chanoe.

Chicago. March 23s-Weakness prevailed in the wheat market here today as re- suit of continued excellent weather for crops. At the close wheat for May de- livery was off 1ss. July wheat Is down
The Birmingham age-herald., 1905-03-24
Loyeman 6 Co.'s Market Letter.

By H. & B. Beer.
 The downward trend of values was checked today after May had sold off 6 points to 7.36. The reaction was due to revival of press reports looking to the restoration of peace between Japan and Russia the more favorable political de- velepoments were productive as some thing in the way of an increased demand for spot cotton in the local market which. however, was difficult to locate during the day. Nevertheless there was a good inquiry for contracts a steady absorbing demand being noted and re- fiected in an advance of 10 points, May selling high as 750. Concerning the situa- tion in the far east cablegrams dated St Petersburg, March 23 6:05 D. m., states that the ministers and supporters who advocated the submission of Pacific pro posals to Japan, so as to ascertain W. ether an honorable basis of peace is possible believe they have carried the day and the Associated Press hears on high authority that an actual step is imminent, If not already taken. Another report from the capital. however. states that the internal loan of $100. .00000O was signed to- day. This is not favorable for an early settlement There Is no reflection for an immediate change In the political sltua- tion noted in foreign government seeur- ities.