davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
IRON AND STEEL TRADE.
Former Industry Quiet and Latter
Buoyant and Expansive.

CLEVELAND. Ohio. April 20-The Iron
Trade Review this week says:
The apparent consumption In March Of
approximately 100000 tons has been to
strengthen sentiment. but without increas-
ing sales. Foundry iron consumers have
iron bought that will carry them to mid
summer, in some cases farther No seri-
Gus intention of importing foundry pig iron
exists. The market for all descriptions of
pig iron has been quiet In the past week
In foundry operations cast iron pipe is still
a conspicuous feature.
The steel trade continues buoyant and
expansive, and the scarcity of steel billets
Is Immediately the feature of the market.
leading already to numerous inquiries for
foreign steel. sale of small billets at
SIS Pittsburg represents the highest pre-
miums yet paid. Import billets now
quoted al SO seaboard or $3.25 Pittsburg.
In the west axle biliets have been in de-
mand.
Structural work leads in interest for the
rolling mills. The American Bridge Com
pany booked 10000 tons in the first half
of the month. as compared with 10000 tons
as the average months business.
The past week put 5000 tons of railroad
work on this company's books, with 5000
tons for new factory work practically
closed. A constant source of solicitudc Is
the possibility of trouble in building trades
in the east. From two to three months
ahead on light shapes and considerably less
on nedNy material is the present state u
mill schedules. The plate mills can make
promises within month on Bessemer ma
terial; on open hearth sixty days is t1e
usual limit.
Without receiving much attention, rail
buying goes on steadily. One eastern con-
tract this week for $3.50 tons for
Panama.
1t Is known that the production of Rus
sian manganese ores will be much cur
tailed this year, owing to the labor up
rising, and estimates put the reduction in
output of manganese by foreign fur
naces al 125,0O0 tons. There has been con-
siderable buying for American account
lately at advancing prices AS one Of the
first fruits of the eastern war some I'M
portant business in iron and steel works
construction in Japan, and in China as
well, is being figured on in this county.
The southern iron consolidation Is now
treated as a thing reasonably certain to
come, but not imminent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Opening Deals Showed Pres
sure of Long Stock.
MANY DECLINES NOTED
SECURITIES BOUGHT YESTERDAY
TO SUPPORT SOLD FREELY.
Low Prices of an Hour Brought Losses
Unloading Followed in Great
Volume-Eitful Rallies.

NEW YORK, April 20.-The opening deal
ings showed some pressure of long stock
and considerable declines resulted. Atlan-
tic Coast Line dropped points, New YORK
Central IA St Paul. Atchison and Tennes-
see Coal about a point and Union racine
Southern Pacific. Pennsylvania. Amaiga-
mated Copper and Smelling large fractions
Peoples Gas rose Il.
Stocks which were bought late yesterday
to support the market and figured promi-
nently in the closing strength were unload
ed freely today. This was notably mani
fest in the Southern Transcontinental and
Coal stocks. That little inquiry existed for
St Paul was evidenced by sale OF 100
shares at lS2, with the preceding sale
point higher.
Stocks were unloaded In great volume in
all directions, with occasional few fever1sh
rallies on bear proft-taking. Amalgamated
Copper. with an intervening rally of point
fell nearly points and Smelling 3. Union
Pacific dropped 3la. with blocks of 1000 to
1000 shares coming out.
New York Central lost 81 and st. Paul
37s. Tennessee Coal fell 3A. Sloss-Shef-
field Steel 3, Colorado Fuel 2A and United
States Steel pre- erred ia. Illinois Central's
loss was 21a. Northwestern 3A Delaware
and Hudson 2&4, while declines of to 2
Minneapolis and Omaha dropped 1. North
ern Securities on the curb sold off over 4
points. There were some fitful rallies again
before noon. Bonds became easy in sym
pathy with the break in stocks.
The apparent paralysis of the demand
made the bears bold and their attack dis
lodged enormous stop loss orders. Prices
crumbled rapidly and holders became
alarmed and threw over their stocks. The
break in st. Paul reached 5h. Union Pa
cific 49s. New York Central As. Metropol-
itan Securities AZ. Smelling. Colorado Fuel
and Tennessee Coal and Iron 4.
Amalgamated Copper, Chesapeake and
Ohio. Norfolk and Western and Reading
were among those losing between 3 and A
points There were rallies again running
TO point before the hour expired
Prices sagged again after a dull and
steady interval but did not get lower than
before. The resistance shown induced some
covering by shorts and a more effective
rally followed. st. Paul and Atlantic Coast
Line recovered 9. Union Pacific and Anal
gamdted Copper H. and quite a number
of others point. The market showed some
softness again before o'clock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
The World Of
Finance and Trade
NEW YORK COTTON MARKET.
Opened Quiet and Steady in Response
to Cables,

Opened Quiet and Steady in Response
to Cables.
NEW YORK. April 20.-The cotton mar
ket opened quiet and steady In response to
the cables at unchanged prices to decline
of points. Trading was very quiet. and
sentiment seemed to have rather bearish
average, with selling restricted however. by
fear of adverse weather over the holidays.
Prices ruled fairly steady Immediately
after the opening. but later weakened under
bear pressure. based on further reports OF
easier spot markets, and sold of about oaI
points from last nights finals.
At midday the market was dull but
steady. net 2a5 points lower.
Spot quiet; middling uplands 7.so: mid
ding gulf, $40 f....
Estimated receipts at the ports today. g.
600 bales. against %, 1913 bales last week
and S,034 bales last year. For the week,
10000 bales against 170.S66 last week and
56,501 bales last year. Today's receipts at
New Orleans. 3.9o9 bales. against 246 bales
last year. and at Houston, 1880 bales,
against 41S bales last year.
Futures opened steady April 7.23 bid:
May. 7.39; June. 7.26: July, 731: August,
T.35; September, 40; October, 745; Novem-
Der. 7.45 bid; December, 7.51; January, 755;
March, 7.63.
Spot closed quite, points lower: mid
ding uplands. 7.S0; middling gulf sos; sales,
143 bales.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Ramsey Quits the Wabash.

The announcement is made quietly In
railroad circles in Pittsburg that Joseph
Ramsey, jr, president of the Wabash, has
rendered his resignation as president of the
Pittsburg Terminal the Pittsburg end of
the Wabash system. and his resignation as
head of the other Wabash interests will
follow quickly meetings are held.
1t Is expected that Howard Gould will
succeed Ramsey head of the Wabash
system. News of Ramsey's retirement from
the Wabash has been expected for some
time, Within the last two months trouble
came to the surface in PittsburS which in
dicated that there was friction between
Ramsey and George Gould.
Howard Gould has made several trips to
Pittsburg since the line was opened into
that city, and his conduct provoked the idea
that he was looking about to famila rize
himself with the Wabash details there He
took hold of things II he might one day
be in charge.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Washington Stock Exchange.

Sales.-Regular call, IL O'Clock noon-Columbia
r. X. 5s So. 700 at 1884,.
Washington Gas cert, $40 at 123, 81 900 at
122Y..
Washington Rwy. and Elec. com, 100 at 35h.
SO at 351a 100 at 3514. 100 at 35h 100 at 351a.
100 at 35A, 500 at 1914, 500 at 354s. 100 at 35s,
500 at 3524 30 at 35%s 900 ct SO.
American National Bank. 10 at 176, at 176,
10 at 176, at lie, 10 at III.
Mergenthaler Linotype. 8 at 1876.
Lanston Monotype. 100 at Is. % at IS, 100 at
15B. 100 at 151s 100 at 15s 100 at 1875. 100 at
1914.
American Graphophone CON-, 100 at SIS.
American Graphophone pfd 100 at 8.
Washington Market, 100 at II.
After eall-Washngton Rwy: and Elec. pfd., 100
at 92a4 100 at 92%, 100 at 92H 100 at 92h, SO
at 921a. 10 at 80, 10 al o. 100 at 9215. at 90.
Washington Rwy. and Elec. CON-, so at 35B,
100 at 35N.
Washington Gas. rs at 65M so at 65A.
American Graphophone CON- 154 at 5A.
Chesapeake and Potomac Telephone 5s, 81 600 al
1nIia 81 900 at 1OI.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20

When my story 'Frenzied Finance" began said
1.-The System votaries who your companies are
using your funds for their personal enrichment"
I said nothing stronger than this
A howl of 'Liar!' went up throughout tbe conn.,
try
Today the highest officers in these companies are
accusing each other Of almost every crime In the
calendar outside OF murder. and-provfng It. The
president Of the Equitable says Its vice president
and owner has looted the treasury The vice presi
dent answers by giving back what he admits he has
secured. and charges that where he took tens Of
thousands the other directors and officers took
millions
Already the ''System's' yotarIes have started
their machinery and working night and day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
BREAK IN WHEAT.
Sharp Reaction Was Due to Heavy
Liquidation.

CHICAGO, Ill, April 20.-A break of 4
cents bushel occurred here today in the
price of wheat for May delivery. The sharp
reaction was said to be due to heavy liqui-
dation by a number of. discouraged holders.
The action of the market today gave in
dications of a possible abandonment by the
Wall street coterie in the deal in May
wheat.
No evidence was discernible, however, OF
a concerted selling movement on the part
of the eastern spectators. May opened at
113 to 113ia. and for time held compare
lively steady. Later sentiment in the pit
became extremely bearish, and prices rap
idly declined until May touched 1881. Dis
tant deliveries also were weak. influenced
to large extent by general rains through
out the winter wheat belt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20

with fake committees and dummy litigation to be-
fog policy holders until they do not know which
way to turn for protection.
So far the Equitable Is the only company upon
which the searchlight Is turned
showed in the beginning Of my story trans
action of the New York Life where 1t sold to
syndicate of Its directors. headed by John D. Rookie
Teller, the stock of the New York Security and
Trust Company at price which showed them 81
O00. 900 profit which should have gone to the
pany. No civil or criminal actions have as yet
been talked Of against this company. and the 'Sys-
TENS yotaries moving heaven and earth to
cOnfine the present conagration to the Equitabe's
affairs.
In my opinion proper suits instituted by policy
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20

panies of over $3.50, O00. oOO
am urged by thousands Of policy holders OF each
Of these companies to act for them. and will.
therefore advise all policy holders in these three
companies against tying themselves MP in any way
with any Of the different committees which are
being created to head OF the efforts their pro-
lection until in the June issue OF Everybody's I
viii have submitted plan for their protection
which on its face will command their unanimous
approval.
Policy holders should bear in mind that the deeds
which have been committed by some of the larger
insurance companies now clearly proved that
1t is not question OF civil action and restitution
alone. but of criminal action and punishment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Bank and Trust Companys Presidents and Directors

You are loaning hundreds Of millions OF your de-
posit tn stock gamblers upon stocks and bonds at
prices which in a panic decline 20 to 80 per
cent more than those at which you have taken
them.
This viii mean failure to many institutions which
hold the peoples savings.
The American people in mood at present
to have their savings sacrificed to stock gamblers.
Therefore:
1t behooves you to heed when your attention IL
called to present conditions
This is the purpose. and only purpose. Of this ad
vertisement-that you cannot plead ignorance when
too late.
The present cry Is, There Is not a cloud in
sightv'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
GOVERNMENT SECURITIES.
Baltimore Markets.
pecial Dispatch TO The Star.

BALTIMORE, Md, April 20.-FL0UR-Qutet
unchanged; receipts 2.373 barrels; exports. ,0s8
barrels.
wHEAT-weak and lower: spot. contract Ola
J. O4N spot No. red western. .03a1 05A; April,
] o4Ibal .04A; May, 1.0@ asked; June, 90 ASKED
July SO asked; steamer No. red. e65.a re-
cep,s Z 1888 bushels; southern by sample, 67ai Is
southern grade. e5a1 .00.
CoRN-Easier; spot 5l7ss5iH; April 51%a5l 4:
May 5lNs61n; July 51Ya5lN; steamer mix d.
4Ta4s; receipt. &c .2o2 bushels; exports 1902 s57
bushels southern white corn. 4ea52; southern yell
low corn 4g13a53.
oAPs-Dnli; No 2 white. 38hza37; No 2 mixed,
B4aa35. receipts 3, 1853 bushels.
RYE Quiet: uptown, No. western. 80 asked,
receipts q 9S busheA-
HAY-Steady, unchanged.
GRAIN FREIGHTS-Steady. unchanged
BUTTER-Firm; fancy initiation 26a27: fancy
creamery 31a32; fancy iadle 2ia2o store packed.
2}a2l
EGGS-Easy, IT.
CHEEsE-Firm: large. 1874; medium. IA: small
i4A.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20

This was the cry before President Cleveland Is
sued his Venezuela message. before cholera struck
New York, before the Northern Pacific corner
broke. before President McKInley's death put the
nation in mourning and-General Electric broke
from 119 to 81, Sugar cut in two. Coriage and
Tobacco declined 500 a share and all stocks
shrunk in hour to aggregate of hundreds Of
millions, and banks. trust companies and banking
houses failed.
-
Now is the time for you, the trustees Of the peo-
pies savings, to think this over not when your
institutions have closed their doors you know
United States Steel alone CAN SHRINK $780,
100000 IN 30 MINUTES. AND ALL OTHER
STOCKS IN LIKE PROPORTION.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
The Castillo Long Overdue.

The London underwriters are anxious con-
corning the safety of the Hamburg Ameri-
can line steamer Castillo. which was due to
arrive al Vera Cruz at the end of March.
She was reinsured today at the rate of 30
per cent. She carries about a dozen passen-
gers and a crew of thirty.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
FINANCIAL.
FINANCIAL.

for its end the teasing into the market Of the
masses OF investors.
Since then the world has witnessed what brute
money, unsssisted BY the people public senti-
ment. do-prices have advanced Tremendously.
One illustration: United States Steel stocks and
bonds have advanced from $3.50 600 To s7oo ooo-
600.
Others. representing billions, have Increased in
Ike proportion, but
The people have refused to bite and today Wall
dangerous condition since stocks were invented
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
FINANCIAL.

In December last I called the attention Of the
American people to the fact that STANDARD on
and the System" having loaded up with billions
Of the stocks and bonds Of Wall street. were IN
augurating a campaign to hctitiousy double their
price and unload them upon the people.
There a tremendous smash, and the 'Sys-
tenn was compelled to buy hundreds Of millions
to stay the decline at fair prices.
At that time the leading votaries of the "Sys-
tenn hurriedly got together and agreed to con-
tribute $40 Ooo, 600 as a working fund to prevent
decline and to pay expenses Of a campaign having
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Today's Government Receipts.

National bank notes received today for
redemption. S1.161 .227; government receipts
from internal revenue, S706, 5O6; customs
$6S3. 954: miscellaneous, $241, 400; eXpendi-
lures, 81, 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
New York Stock Market.

Furnished by w. B. Hibbs & Co. bankers
and brokers, 1910 F street, members New
York stock exchange, Washington stock
exchange and Chicago board of trade
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
CHICAGO GRAIN MARKET.
Active Support of Bull Trader Advanc.
ed Wheat Prices.

CHICAGO, April 20.-On active support
from prominent bull trader, July wheat
sold up to S77s here today, May advancing
to lib.
Steadiness of wheat sent July corn up to
47ss.
On good demand from commission houses
July oats were steady at 29h.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
FINANCIAL.

The big stock gamblers have billions OF stocks
and bonds, upon which they borrowing at the
great banks. trust companies snd corporations
billions Of money. and prices high they
cannot go much higher. They cannot remain where
they are. and the only direction they can take L.
downward.
They must come down or later
Already the big gamblers getting suspicious
OF each other. and II or two stocks break s
points suddenly panic OF chaotic proportions viii
be with us IN Jfy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20
Watch Out

For my full page advertisement to follow the
Amalgamated meeting.
No attention should be paid to Wall Street pricsa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-20

VIII contain the first part of the first great Crime
OF Amalgamated, which will be completed in the
June number. and will also contain In the Lawson
The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-01-03
DEATH OF SENATOR SHOUP
CAST GLOOM over WASHINGTON
Hepburn and French Both Speak in High Terms
of the Character Of the Departed
Trail Blazer
From the Tellers Special Washington
Correspondent

(F'rom the Tellers Special Washington
Correspondent
| WASHINGTON, Jan. 3.-The death
of Ex-senator George L. Shoup east
gloom over all who knew him. Uni
versal regret is expressed on every
side by senators who~ We're associated
with him during his long term of Of
fice
Senator Shoup was looked upon as
the ablest representative the vest has
had in Washington for years. When
the news of his death was announced
to Senator Hepburn, he said Il have
today learned with great regret of the
death OF Senator Shoup, who for ten
years represented the state of Idaho in
| the United States senate. have
known him intimately for more than
twenty years in the capacity of a pri-
vate citizen. a public officer and per-
sonal friend. In all of those capacitjes
he was prince among men, generous
and upright i'm all his dealings Idaho
has had no truer friend or ADLER rep
resentative in the past nor can We
hope that she will have in the future"
Outside of his relatives there is prob
ably no one who feels more keenlv the
death of Senator Shoup than Addison
T. Smith. who was. the senator's sec
retary during his senatorial career;
the affection existing between them
was more like that between father and
son than the ties which ordinarily ex-
ist between those associated in an Of
ficial capacity. The senator had the
utmost confidence in Mr. Smith and
his judgment, and his confidence was
never betrayed. Congressman French
was a great admirer of Senator Shoup.
and in speaking of him. he said 1T is
with very deep sorrow that have
learned of the death of Hon. George L.
Shoup. / had learned TO love him for
his gentleness. his sincerity. and the
ever kindly interest that he had i'm
young men. 1 admired and honored
him. too. for the great work he has
done for the state of Idaho AMI the
Pacific coast. As an officer IN the
army, as governor of the territory and
then of the new commonwealth as
senator for many years. George L.
Shoup has proven himself loyal and
true to tie highest interests of those
who in this generation and in those
ito come may make Idaho their home"
The pure food bill viii come up on
January 4th. and while great opposi-
tion is being shown this measure by
senators representing constituencies
who are interested in whisky and adul-
terated food products. Senator Hey-
burn. who hrs the bill in charge, has
the solid support of the state pure
food association. the physicians, and
all public spirited citizens. and he in
tends to make great fight for its
passage during the present session of
congress.
The bill providing for the repeal of
The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-01-03
KIT" CHITWooD BoBs UP
rormer Noted Character From This
Section livees Near Coal Fields

BOISE, Dec. 31.-Kit Chitwoood ar
/ rived in town last evening from his
ranch which is located on the Snake
river thirteen miles below the mouth
VI he Bruneau. He met "a number of
pruheau people on his way down the
river. When seen this morning be
said the Bruneau people are crazy over
the coal discovery. The vein is four
teen feet thick instead of eight. as first
reported.
several holes will be drilled at once
al different places in the vicinity of the
discovery, he was Informed. and if the
coal measure is found to be extensive
work VIII begin on a working shaft as
soon as machinery can be obtained. 1t
Is the plan of those interested who own
iahd In that vicinity. to develop and
open up the coal bed, i'm time to get
'he coal on the market this winter.
Mr vance of this city, who has spent
several weeks surveying in different
parts Oh the Bruneau valley said today
that he had noticed strong Indications
Vi coal two or three times, but he gave
the matter no attention at the time he
was husy with other work He will go
10 bruneau shortly and make a thor
ough investigation. 1t is not improb-
apie that the big ledge may be found
inuch nearer the surface at some other
point.
The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-01-03

! the stone and timber act has been in :
definitely postponed by vote of ten
to four in the house committee on
public lands. This bill has been
strongly agitated for the last two or
three years and it looked for "A time
as II 1t would pass. 1t is Il well known
fact that congressman French. of
Idaho. and Mondell of Wyoming. have
taken the lead in opposition to this
measure. This action by the commit
tee kills the bill for the present and it
| is not likely that it will come up again
soon.
II is not Ii is not believed by those
high in authority that the Joint-Sta
hood bill will pass at this session. 1t
is being opposed by nearly all the dem
ocratic senators, and If necessary they
will "filibuster" against the bill The
democrats however could not pre-
vent the passage of the bill were they
not aided by nearlx all the western
republican senators. The western re-
publican senators. with few exceptions.
will oppose the bill on the ground that
the several territories should be admit
ted separately. The enormous area of
these territories and their prospects for
an immense population demand their
admission as separate states. II is
also looked upon by western senators
as an effort on the part of the east to
hold down the west in representation
At the earnest request of the wom-
ems clubs of Idaho. Senator Hepburn
urged upon the committee having
charge of the statehood bill for the
admission of Oklahoma and Indian
Territory. that the bill be so amended
as 10 eliminate the restrictions of suf-
frage on account of sex" and the bill
has been reported with that objection
able word stricken out. so that the
state will be free to confer suffrage
upon the women either by constitution
or law hereafter. Had the word sex"
remained in the bill the state could
not have conferred suffrage on the
women
The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-01-03
Will Not Introduce Any Bills

Senator George f. Crunf, who re-
turns To the upper house from Nez
Perce county, blandly asserts that he
has not the remotest idea of introduc
ing any bills at present. says the Boise
statesman. He qualities the assertion
however, with the statement that
should any measure of unquestioned
merit come to his attention he will
get in behind ii. Senator Crum was
one of the most active members of the
upper house in the Seventh session. He
is ureless worker. has a strong per-
sonal following and great ability as an
organizer. Senator Crum is one of
the leading business men of Lewiston
and probably handles more fruit than
any dealer i'm the northern part of the
state He will not be forgotten when
thsFcommittees are made up.