davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1905-06-21
SUMMARY OF THE MARKETS.

Nc0 York Stocks dull bit sontequa higher Cotton lo7oey
Local Mining Stocks selling fairly Other Securities dull
Not much change in Si9n or Exchange
Wheat firm 7oith higher Futures Barley steady.
Oats and Corn about as before. Rye unsettled.
Choice Hay fyBley but off grades neglected
Beans generally firm bat qniet. Feedstafs easy.
Potatoes, Onions and Vegetables shoqc little 5aration
Poultry in liberal receipt and declining.
Frnit market 7oeak, aUith supplies accsnnlating.
Dried Fruits Raisi,rs and Honey shozv little change
Provisions inGcti9e, 7lith changes in Bacon
Hides frm Wool in brisk demand Hops qiet and qOeaR.
Grain Bags in Gctize demand and higher
Beef Mutton and Pork still in liberal SUPPLY
Butter, Cheese and Eggs iii abundant stock and 7ceak
The San Francisco call., 1905-06-21
FUTURES

FUTURES
Session to IL 80 a. m
December-S7c.
Seller year new-S5c bid.
July-90c asked.
2p. m. Session.
December-S6Nc bid. S7sc asked
Seller year new-S5%c asked.
OATS-The market continues vague and un-
determined, with most dealers at sea regard
ing what they ought to bid and ask The
quotations have a wide range. all the way
from 81 20 up to 81 45 for common to choice
Red this being the only description offering
at the moment The most common quotations
are 81 25@1 35 There arc q good many poor
lots offering.
CORN-The demand and supply about ball
ance and the market has not changed for some
little time. The lions share Of the receipts
still come from the West
western sacked, 81 37ls@1 42Is for Yellow.
81 40@1 43% for White and 81 35Q1 3117 for
Mixed: California large Yellow. 81 4Oq1 40;
small round do, 81 4I1aQ1 55: White, 81 40Q
1 40: Egyptian 81 321s41 35 for White and
81 25G1 80 for Brown.
RYEAA fine bright and heavy lot Of new
was offering on Change yesterday at III 9717
bid and 81 55 asked. It will probably be some
days before definite quotations for the new
crop are established.
BUCKWHEAT-$1 1902 25 per ctl, with the
top figure for seed lots.
The San Francisco call., 1905-06-21

finest brands. but they were In ths minority.
and made few sales. Cheese also weak
and quiet. with gradually increasing stocks.
There was nothing new In EggA which con-
tinued dull and plentiful
Receipts were As, 200 lbs Butter. 21s6 cases
Eggs and $500 lbs Cheese.
BUTTER-Creamery az nrse hands 19o for
extras with zoe for few special brands. and
1SQ1S5ac for lower and medium grades; dairy,
1791s4c; cold storage. nominal: store Butter,
16Q17c,
CHEESE-Strictly choice mild new. 100
1o1ac; fair TO good. 9G9hc; Young Americas.
10t@011c; Eastern, f6c per ID. q
EGGS-Ranch. zoo for large white selected
and 1S919c FOR fair to choice; store Eggs,
I6@1sc: Eastern nrsts. lsc: seconds 151sGi7o
GER dozen
The San Francisco call., 1905-06-21
AyaiIabIe Grain supply.

NEW YORK, June 2o.-Special cable and
telegraphic communications received by Brad
streets show the following changes in avail
able supplies as compared with last account:
Wheat-United states and Canada, east OF
Rockies decrease ] .S37 900 bushels; afioat for
and in Europe. decrease 500. coo; total supply,
decrease 2, 737 900 bushels
Corn--Ilnited States and Canada, east of
Rockies decrease 4S4 600 bushels.
Oats-united States and Canada, east of
Rockies, decrease 6S7, 900 bushels.
The San Francisco call., 1905-06-21
Cash Grain and Provisions.

CHICAGO. June 20-Cash quotations were as
81 os1D1 ~; No 8. asc67S1 03; No 2 red. 81 or;
No. 9 corn. 55A @55hc; No yellow. 55Xc;
No. oats, 81 nc: No. white. 32K G33c No 8
white. 31IM321sc: No. rye 70aI9kc: good
feeding barley, 39@42c; fair to choice lmalting
4564sc; No. / fiaxseed. 81 25 No ! Northwest
ern 81 49, prime timothy seed, So: mess pork
ner barrel. S12 n0Gl12 50: lard per 100 pounds
81 1907 171s: short ribs sides dcose), 81 559
e5. short clear sides (boxed) 81 5007 62 y !;
whisky. basis OF hieh wines. 81 27 clover con-
tract grade, S11 1902 %.
The San Francisco call., 1905-06-21
EASTERN MARKETS.
New York Money Market

n-r.U YORK. June 2o.--Money on call easy
.. s<7o1L Yer cent. closing bid, per cent;
@sf,-eT 2-I Tler cent Time money firmer. 60
Ss,-s 2 rer cent; 30 days, 81 per cent: six
months 33k04 per cent
prs-se rnercentile paper. 81 a. per cent
Sterling exchange easy, closing STEADY with
ebf,1ai business In bankers bills at $4.SIl54
d $40 FOR demand and at 81 s520Q4 s525 for 60
The San Francisco call., 1905-06-21
Flour and Farinaceous Goods.

FLOUR-California Family Extras. 81 S09
8 10. usual terms; Bakers Extras. "a 1Oq5;
Oregon and Washington, jobbing at S4g4 so
per bbl.
FARINACEOUS GooDS-Prices IN packages
are as follows: Graham Flour. So % per 100
lbs: Rye Flour. So 75 Gin barrels. 81 T5); Rye
sS; Corn Meal 81 So; extra cream do. So IS:
Oat Meal. 81 2594 so; Oat Groats, 81 so;
Honliny. So 1904; Buckwheat Flour. - 500
75; Cracked Wheat, So 10; Farina- "a so.
Whole Wheat Flour. So 90: Rolled Oats. bbls.
Split Peas. boxes. $5 so: Green Peas. IS so per
100 lbs.
The San Francisco call., 1905-06-21
Nerthern wheat Market.

OREGON.
PORTLAND. June 20-wHEAT: For ex-
port-Club, S2GS3c; Bluestem SSQSsc- For
miling-valley. S5c.
WASHINGTON.
TACOMA, June Observation-Disclosures
MilIing-Bluestem. 90c Club, Sc
The San Francisco call., 1905-06-21
New York Metal Market.

NEW YORK, June 20.-The London tin
market was unchanged with spot quoted at
e13S lis I'D and futures at e137 2s Sd and
the local market remained quiet with spot
quoted at $50 371s430 80
Conner also was unchanged in London, clos
irg at G65 It's Cd for both spot and futures.
The local market was unchanged, with cleo
trolytic quoted at SIS and casting at $14 IS.
Lead was unchanged at f13 in London and
81 5om4 so in the local market.
Spelter was unchanged at 929 in London and
remained unchanged at So 80 in the local mar
ket, the tone being easy.
Iron closed at 49s Cd in Glasgow and 49s Sd
in Middiesboro Locally the market Is easy.
No / foundry Northern is quoted at $16 50@
II; No. 2 foundry Northern. S16416 80; No. 1
foundry Southern, SIG 25@H, and No. foun-
dry Southern, S15H16
The San Francisco call., 1905-06-21
EASTERN LIVESTOCK MARKET.
Chicago.

CHICAGO June 0-CATTLE-Receipts
6OO0 head Market slow and steady Good 10
prime steers. s5 asas: poor to medium: 50 75@
25: stockers and feeders. $2 1901 10; cows,
az 40; bulls. s2 25@4; calves $s@e 25; Texas
fed steers, $4014 10.
s5,oOo Market sc lower. Mixed and butch
The San Francisco call., 1905-06-21

DAY bills. Posted rates. 81 seG4 IS. Com
mercial bills, 81 So
Bar silver 5S%c
Mexican dollars 4515c
Government bonds steady. Railroad bonds ir-
regular.
The San Francisco call., 1905-06-21
Potatoes, Onions and Vegetables.

There was a marked falling off in the re-
ceipts of new Potatoes from the river and the
market had a steadier tone in consequence,
but there no improvement in prices. there
being enough old stock on hand to meet all
requirements. Onions were easy. with stocks
liberal and trade quiet.
There not much change in prices Of
vegetables Tomatoes did better under light
receipts, and fancy string Beans were scarce
and frm Large boxes Of Tomatoes appeared
from the river and sales were reported at 50
per box Asparagus was neglected by the
regular trade and the bulk OF the receipts
went to the Gamers
POTATOES-New-In boxes, 6o975c per
ctl for Early Rose and 40cGs1 per eth for
White; Garnet Chiles. 70QSoc per etl for
lots, 75c9$1 per ctl. Old Minnesota Bur-
banks 81 40G1 90 per ctl.
ONIONS-Red. 50QS5c per sack; yellow,
S161 % per ctl
VEGETABLES-Asparagu 31a66c per lb;
Rhubarb 40GS5c per box: Green Peas 75c@
81 25 per sack: String and Wax Beans. 293c
per lb; Tomatoes. small boxes and crates 81
ISf 25: Summer Squash. 25@50c per box;
Cucumbers, small boxes 60G15c; large boxes
81 5011 10; Cabbage. SOC per ctl: Carrots
T5c@S1 per, sack, Garlic. s64c per ID: Egg
Plant case per ID: Dried Peppers 106121sc for
sun-dried and I3@14c per lb for evaporated; /;
Green Peppers. 15Q25c per ID; Green Corn,
S1@2 per sack.
The San Francisco call., 1905-06-21
Dried Fruits, Nuts, Ralsins and Honey.

There is nothing new in any description
The feeling in Fruits Is ;till firm, with sellers
making no concessions. and there is no pres
sure TO sell anything Crop prospects remain
precisely as before stated. There Is nothing
doing in new crop Nuts The Honey market
Is quiet. with receipts Of the new yield
fined to occasional scattering lots Old Prunes
are steadily cleaning up at the improved
prices. and Santa Clara growers holding
the new crop at The agreed-upon basis OF &c
per ID as the minimum price for the Sour
FRUITSHApricots 5I1sc for new crop
Royals and 111s912t5c for Moorparks.
future delivery: Peaches. crop. 51z0
Sc for standards. 666Ac for choice. 640
SIC for extra choice and 615d7Ihc
for fancy: Pears old. 7911c; Piums.
nominal: Figs, 2-crown bricks 45c; 3-crown
sec: 4-crown. 60c; 6-crown. csc: bulk white
2N a3c: black. 21ag5i5c: Evaporated Apples.
" wPRUNES-Old crop. 2G2isc per N FOR the
four sizes and 2A CSC basis for the large sizes
Quotations for new crop are unsettled and not
vet established.
RAISINS-1904 crop T. o. b. Fresno-Dehesa
clusters 81 35Q1 40: London LAYERS S5d95c:
Loose Muscatels. 4-eroyn. 415@5c; s-crown.
Thompson's seedIess. AZ 94isc; Seedless Sui
tanas unbleached 2HG Csc per 10.
NUT+Walnuts. No. 1 softsheIl, 12613e:
No. 2 1O611c; No. l hardshell. 12c: No. 2
foc: Almonds 16617c for Nonpareils. 14a14l.c
for I L. 13k614ik~- for Ne Plus Ultra
The San Francisco call., 1905-06-21
Deciduou. and Citru. Fruit..

Receipts OF small packages OF tree fruit
ments. and as result there is q large and
steadily growing accumulation OF old stock
plentiful than any other description and stocks
include large quantities OF loose fruit. which
is rather slow OF sale. The Gamers are offer
while the regular trade pays about 1c per
pound for small lots. Figs clean up fairly
and Cherries are fru1 the crop OF the latter
being practically exhausted. The public seem
Gamers as r are not buying tsat a.passmsnt 5 OF of
the market Is demoraEzed It being extremely
fanciess % orerinssa .n 0 ssraiEhr Carload o.
Watermelons arrived yesterday from the Coach
ella Valley and two cars Of Cantaloupss Were
lower but what few Cantaloupes were Offer
ing found ready sale at the old quotations.
The Citrus market Is running along IN a
groove with the demand and supply about
STRAWBERRIEs-Per chest, Lonsworths,
s3@6: large varieties. So 50Q4.
RAsPBERRIEs-Per chest. s3G6
segs D; .:, sn;:s ss .so..
and 81 5092 so for ordinary.
GOOSEBERRIES-Nomina
CHERRIES-Per drawer-S1@1 26 In bulk.
CURRANTs-s4as per chest.
APPLES-s1 Is per box for fancy f5cG$1
for good to choice and 4O@65c for common
APRICOTS-Crates. 5OQ65c; small boxes.
sOa5Oc: baskets. 25gs5c; in bulk. s1O@2o per
PEACHEsLsman boxes, 5OseT5c: large
boxes 75cQS1 25; baskets. 50975c-
PEARs-small boxes. 35950c; large boxes.
75c4$1.
PLUMS-Small boxes and crates. 30G50cs
baskets. 25@40c; Tragedy Prunes. 6oQ75c per
crate and 50160c per basket
FIGS-Small drawers. 65@S1; large pack
ages 81 25d1 so
MELONS-Cantaloupes e5@S5c for small
and 81 50@3 so for large crates: Watermelons.
&c per pound
CITRUS FRUITSAOranges NaveIs, 50 500
per box for fancy. S2d2 so for choice and
81 2591 75 for standard; Mediterranean Sweets
81 2502; Valencias. 81 50d3 for choice and
81 25G2 for standard: ST. Michaels. 81 100
25; Seedlings, s1d1 IS: Lemons. $262 so for
fancy. 81 25d1 so for choice and 75c4S1 for
standard: Grape Fruit S1d2 so; Mexican
Lines $4@4 so per crate: Bananas. 50 5G63
per bunch for Central American and S1Q1 T5
for Hawaiian; Pineapples. 81 50Q2 so per
dozen.
The San Francisco call., 1905-06-21
Beans and Seeds.

In the direction of higher prices. The market,
though still quiet. has a firm tone for sound.
undamaged stock, and for such lots dealers
demand full figures. There is nothing new
in Seeds.
Butter 81 5O0f4: small White S363 so; large
White So 5OG2 90: Pink 81 5000 80 for fair
to good and SO 25G3 10 for choice; seed lots
are quoted up to 81: Red, So 50QI; Lima.
S. 1896 so; Red Kidneys. s394 so: Blackeyes.
81 s5d3 10 per ctl; Horse Beans. 81 $500 40.
Mustard, nominal: Flax 50 10Q2 25. Canary.
6G6Hc; Alfalfa, 1G611c for California and 120
13c for Utah; Rape. nominal: Timothy, 4%q5c;
Hemp 3d3hc per Id: Millet, 3q32c; Broom
Corn Seed. $2OG21 per ton
DRIED PEAs-Niles. 81 1892 Is; Green
Peas, 81 1922 20 per ctl.
The San Francisco call., 1905-06-21
Poultry and Game.

Another car of Western Poultry the third
for the week. was on sale and domestic stock
was in free supply. The market was weak for
general offerings with trade quiet. and prices
of Chickens had a downward tendency
POULTRY-Live Turkeys. 1962oc per 10;
Geese per pair, 81 50G1 70: Goslings, 81 5O6
1 rs: Ducks S4 50G5 per dozen for old and s567
[; so for young; Hens. $4d4 so for small and
s5@6 for large: young Roosters. s6qs; old
Roosters S4G4 so: Fryers, s445: Broilera
SSG2 25 for small and s3G3 so for large
Pigeons 81 25Q1 so: SQUADS. 81 50Q1 20.
GAME-Hare 81 50G2 per dozen; Cottontail
Rabbits 81 5OG2 per dozen.
The San Francisco call., 1905-06-21
New York stock List.

R E. Hutton & Co.. 400 California street.
San Francisco, members of the New York
Stock Exchange, furnish the following official
Quotations OF that Exchange:
The San Francisco call., 1905-06-21
st. I,oui. Wool Market.

ST. LOUIS, June 20-wool steady; medium
GRADES comhing and clothing. 30@31hc; light.
fine. a4]a@2sc: heavy. fine. 2o@22l5c; tub
xra shed af6a421hc
The San Francisco call., 1905-06-21
Butter. Cheese and Egx..

The weakness in Butter was more pronounced
Yesterday and almost all dealers were heavily
loaded up and willing to make concessions to
The San Francisco call., 1905-06-21
Receints sb,nren.
Rntt.r Cheeae and Erxs.

CHICAGO June 20.-On the Produce Ex-
change to-day the butter market was steady
Crearneries 16d20c; dairies. 15hQ1sc Eggs,
easy at mark, cases included. 13c; hrsts. 1910;
prime nrsts. 15c: extras. Tic. Cheese, firm. 8A
The San Francisco call., 1905-06-21
london CIosing stocks.

Bar siIver--Steady; 2I427Kd per ounce.
Money-191 5-16 per cent.
The rate of discount in the open market
for short bills is 2 per cent and for three
months bills is per cent.
The San Francisco call., 1905-06-21
Condition of the Trcasury.

WASHINGTON. June 20.-To-day's state
ment of the Treasury balances In the general
fund show available cash balance, s136 43s .
$40; gold. SGT 302. .412
The San Francisco call., 1905-06-21
LISTEN! LISTEN!
July Issue Of Everybody's
...OUT TODAY.
/ PICTURE

The fleeing of the victims.
The use of great national bank to decoy the
public into Amalgamated.
How Amalgamated insiders unloaded on the
Flower pool.
How Rogers takes care of his political
""friends.'
James H. Eckels, Comptroller of the Cur
rency under Cleveland, "in" the Amalgamated
subscription for 100000, 100000 and 100000
and 100000.
How Frck lieutenants for Rogers and Rookie
fe1ler.
My address and call to the policy-holders of
the New York, Mutual and Equitable Life, with
blanks for signature,
AND
The trap of the New York bankers, wherein
| answer I8 of their from -the-shoulder questions
as to my stock market manipulation; my interest
in Everybody's Magazine; my motives in writ
ing the story of "Frenzied Finance" and my eff
forts to abate the systems" hold on the banks
and insurance companies.
/ want every man and woman in America TO
read the July chapter and find therein the answer
to whether "frenzied finance" is going or
coming.
THOMAS M. LAWSON.
BOSTON, June 20 I9o5
The San Francisco call., 1905-06-21
New York Cotton Market.

NEW YORK, June 2o.-After an easier open
The San Francisco call., 1905-06-21

Continued ON Page IA
The San Francisco call., 1905-06-21
The Weather and Crops.

The weekly report Of A. G. McAoie, section
director Of the climate and crop service OF the
Weather Bureau. Is as follows;
TrNrF-H Al. SUMMARY.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

~ The cloth may make the clergy,
Ihut the man makes the minister.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

It is regular army officer, in
speaking Of the heavy percentage of
desertions from the army and navy of
the United States, who attributes
such desertions to IAN abnormal
claim, view and development Of per.
sonal independece' on the part of the
American enlisted men ahoat and
ashore. In other words, the Ameri-
car. youth lie tee free and independent
an individual to make good soldier
or sailor in the regular establishment
when no war is in progress. AS a
volunteer, as instanced by the Civil
and Spanish-American wars, enljsting
for fight and retiring to peaceful
pursuits when the fighting is over, he
is unequaled. It is probably true
that as mere cog in q military ma
chine he never will compare with the
military units of the compulsory SER
vice system Of Europe.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

out the cotton belt. fixes the acreage
this year at ~, $50, gjl acres, a decrease
OF SAB per cent. and lG.O5 per cent in
fertilizers.
"The conditions of the crop as re-
ported for Louisiana, Texas, Arkansas,
the territories, portions of Mississippi,
are unprecedentediy bad, much of the
acreage reported in those States being
yet implanted and large tracts either un-
der water or badly washed by heavy
rains
''ln the eastern portion of the cotton
belt, the fields are grassy, tho cotton
still unchoppcd and labor scarce
throughout the entire belt. The Off
GERS of the association expressed the
highest c0mmcndation of the loyalty
of the farmers, throughout the cotton
territory IN 80 fully living up to their
promises and pledges in bringing about
so material Il reduction in the cotton
acreage and the use of commercial fer
tiliZers under cotton for 1905.
"I'he present demand for cotton is
unprecedented and with firm and de-
tcrmined stand, higher prices for the
staple will be secured in the near flu
ture.
Washington, June 2.-The agricul-
tural department issued it's report to-
uay W tiC Coltol dcIcdSc, IL ItI)DIl
which has been watched for with
great eagcrness throughout the coun-
try, especially in the South. 1t tpaces
the percentage of decrease at Iii. be-
ing less than unofficial estimates at
New Orleans, which werelS.
The average condition of the crop is
placed at IT,
The returns to the department of
agriculture show the total area plant
Cd in cotton in the United States up to
decrease of about 100000, or II a per
cent. from the total acreage planted
last year. The average condition of
the growing crop on May 25 was 77.2,
as compared with 80 on May 2G. 1904,
and TAI at the corresponding date in
1903, and ten years average of 1913.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07
Acreage Reduced.

New Orleans, May 3l.-The South
ern Cotton Association today issued
ats cotton acreage report. The report
snys:
The estimated acreage for 1904 as
indicated by the report Of the United
States government amounted to 3D.
730. 0O0 acres.
"Ihe decrease in the acreage for 1905
which was compiled from l7,754 indi-
Vldual reports from farmers, mer-
chants, bankers and others, through
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

So it appears that about three times
as many girls as boys are completing
reason for this difference is that boys
are enger to get into business and to
begin the work of money making. An
other reason is that nearly all the
teachers in the graded schools are wo-
men, and boys do not like to be bossed
by women. The proportion OF boys
and girls who complete the graded
school work Is about the proportion
that go to the colleges
: The women OF the rising generation
are being much better educated than
the men .-Newberry Observer.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

On len and lssld SEED.
We have u fall lins cf she BEST
& Garden Seed. slao. hits; and Vel
low dent Gorn, NJ lite and Red Onioas
sets German and Cat Tail AIillss, alIl
kinds of Cloyers, Brad fSrd, attles
snaks Klecklsy, Sweet sonelad
tefnslon Seed, German,
Iack kensaek Nested Gem, Rockys
ord Cantelope Seed, Amber and
ang Cane Seed gents Internas
tionsl stock Food. 5s
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07
vance.

1t did not require President Roosc-
velt's reitcration that he will not
again be candidate for president of
the United States to convince the
majorityeof his American fellow citi.
zcns that he means to "do things"
during his administration. But may
be President Roosevelt is not avcrsc
to the Office seeking the man.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

The demand for cotton by Euro
pean and home spnners is very large,
and the price shows slight advance.
The policy Of holding back cotton has
proven Of benefit in stopping the de-
cline, and if the indications of re-
dueed acreage arc evident the price
of cotton should continue to ad-
vance.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

The estimates Of the Agricultural
Department and that Of the Cotton
Association both agree that the acre
age in cotton has been reduced, but
they differ considerably as to the per-
eentage. The associations estimate
is seven per cent. higher than that Of
the government, and the officers of
the association question the accuracy
of the latter's report. The main
point, however, is thai the acreage
has been reduced, though not as much ,
probably, as the Cotton Growers
Association desired. The farmers
have more generally stuck to their
pledges than it was thought they had,
no matter which of the two estimates
is nearer the truth.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

President Roosevelt has, let it be
known that he will insist on Congress
taking up the question Of railroad
rates at special session, to be called
next fall, and it is believed that q
measure will be passed that, while
conservative, will provide a remedy
that will bring a reform in rates as
we'll as in the system Of rebates.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

The last gift by Mr.. Carnegie of a
trust fund Of sl0,OO0,OOO to provide
annuities for old and disabled college
professors, is one Of the most remark
able, as it is also one of the most mum.
ficent Of the contributions ever made by
private wealth for public purpose.
We say public, because Mr.. Carnegie
explains that the purpose Of the fund
is not merely to benefit the direct recip.
tents of the bounty, but to further
the general advancement of education.
He wishes "to remove source Of
deep and constant anxiety to the poor
est paid and yet one Of the highest Of
all professions" 30 poorly paid that
sable men hesitate to adopt teaching
as q career" but he also establishes
the fund in order to enable colleges to
retire old professors in favor of more
useful younger men without ;causing
material suffering to the displaced.
It is novel purpose, but as consid-
crate and as reasonable as it is prac-
tical. His pension fund, however,
will contribute directly to increase
the efficiency of the service of the
college professor. 1t will enable hin,
to pursue his teaching or his investi-
CATION without the distraction or fear
regarding his maintenance in old age.
His mind will be free from sordid
cares in its search for the truth. His
pension fund in essence.is a generous
for the provision and sup.
port Of the higher education.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-06-07

The North Carolina Supreme Court
has affirmed the decision Of the lower
court sustaining the Act passed by
the last Legislature prohibiting
"bucketshops' and the practice Of
dealing in futures. The law makes it
o misdemeanor to open place where
quotations are furnished or to buy or
to sell options for future delivery
when the actual delivery of the goods
is not contemplated. The effect Of
the decision is to close up all branches
of cotton exchange houses in that
State doing future business.