davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
REFUND OF BANK TAKES.
Test Case to Be Submitted by Balti-
more Institution.

Not long ago a bank In Maine received
a circular from firm of attorneys Inform
Ing 1t that under 4 forgotten provision OF
the Revised Statutes a valid claim could oe
made against the United States govern
ment for the return Of such taxes as were
collected upon It's circulation when and for
such periods as that circulation was less
than per cent OF the declared capital of the
institution. Instead of engaging these attor-
neys to prosecute the claim, this particular
bank forwarded the circular to It's CORE
spondent in Washington. asking what 1t all
meant. 1t was found at the treasury that
one such claim had been passed by the az
counting officers. very small in amount. bat
important. because of the influence which
Ii would have upon the banks whom the
attorneys approached in getting them to
attempt recoveries.
The Treasury Department. 1t Is under
stood. Is In considerable doubt whether
this claim should have been paid. Some
of the higher officials do not know the
statute under which the payment was au-
thorized, saying that, although the trea suTy
Is empowered to refund taxes OF varioas
kinds collected in excess this does not
seem to be one OF them, and the classes of
such payments are all specified in the law.
At all events, a test case has been ma de-
up by a bank In Baltimore and submit t, ed
to the Court of Claims
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
ESTIMATES ON CROPS.
Statement to Be Issued at an Earlier
Hour Than Formerly.

Beginning August 10 the monthly est
mates of the condition of the corn spring
wheat and oat crops will be issued as rap
idly as possible after II o'clock noon in
stead of 4 pm, according to the system
heretofore in operation at the Department
of Agriculture. statement announcing the
change was made by Assistant Secretary
Hays today as follows:
'On August 10. 1905. the crop estina ting
board of the Department will meet at :
O'Clock am. and. beginning at l. O'Clock
noon, Will give out the estimates on condi-
ton for the United States as a whole as
rapidly as they are completed, for the corn,
spring wheat and oat crops, which will be
taken up in the order named. The detailed
estimates regarding the above mentioned
crops and other crops embraced by the
August estimates will be issued a o clock
p m. on the date named.
In the revised cotton report issued yes
terday by the Department of Agriculture
an error was committed in the second para
graph which made it appear that the June
estimate by Mr.. Hyde was made lower
than the facts a hand warranted, when In
fact it was made higher"
The erroneous statement has been cor
rected by the department.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
RECEIVERS FIRST REPORT.
Condition Of the First National Bank
of Topeka

The first report of the receiver of the
First National Bank of Topeka. Kan.
which closed Its doors on July g. 1905. has
been received by the controller of the cur
rency. The receiver Classics the assets of
the bank as follows:
Good, $3.50. GS4: doubtful 81 222 ABS: worth
less s139. 1856. and the liabilities as follows
Individual deposits. 81. 100 1877: certificates
of deposit, $31S.956; due to national banks
So. 334: due to other banks and bankers
81. ia: unpaid drafts outstanding. $1O6 800;
other liabilities. $GO5: total, 81, 660557.
In submitting this report the receiver
states that he has found much difficulty in
estimating the value of the Devlin collat-
erals. and that his estimate of such collat-
erals may not even approximately indicate
what may be finally realized therefrom.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
DUTY on Canadian Wood Pulp.

The Treasury Department has issued cir
cular letters of Instructions to United
States customs officers on the Canadian
frontier, directing them. pending final de-
ciSIon of the question by the courts, to as
sess additional duties under paragraph 1893
of the present tariff law upon all wood pulp
imported from the province of Quebec. re-
CARELESS of whether made from wood cut
tional duty will be equal % the export duty
assessed on pulp wood by the Canadian gov
eminent. Up to this time additional duties
have not uniformly been assessed on pulp
made from wood cut from private lands ex-
cept when IL was mixed with that produced
from crown lands. The decision not only
holds that the pulp product of private lands
is subject to the additional duty, but Sc
cures uniform practice of all custom houses
on the Canadian border in dealing with pulp
importations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
TO STIMULATE CIRCULATION.
Authorization Regarding Philippine
Bonds and Other Securities.

Secretary Shaw authorizes the statement
that on and after August l and until fur
Their notice Philippine land-purchase per
cent bonds issue 5000. 600. Philippine one
year certificates (amount outstanding S.
0CO.0OO). Philippine public works and I'm
provement bonds tissue S2.000,00O and city
of Manila sewer and water works bonds
tissue 81 ,000,OO0) will be accepted as Sc
curity for existing deposits of public money
In national banks. in substitution for United
States bonds now held security for such
bonds thus released be Immediately used
as a basis for additional bank note circula-
ton
This additional circulation need not neces-
sarily be taken out by the particular bank
whose bonds are thus released, put they
can be used for an increase of circulation
In any existing banks the purpose being to
stimulate an increase of circulation prepara-
tory to the crop-moving period
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
CHICAGO GRAIN MARKET.

CHICAGO. July 2T-Shorts and commits
sion houses were fairly active buyers of
wheat here today. September selling a SI1s,
and then reacting to S6&4. Ideal weather
conditions sent September corn off to 531sc.
On weakness of corn September oats de-
cline6 to 2S&a2Siac
Later a sharp break in corn caused scat
tered liquidation of wheat. resulting in a
considerable decline, September selling on
to S53s. The market regained all of the
loss, however, on covering by shorts. The
close firm. with September up y at
SGSsaST.
Indications of a liberal increase in corn
movement caused additional profit-takinS
later In the session. resulting in still great
er weakness. For September the lowest
point was reached at J2ss- The close was
weak. with September down 3saS4 at 81.
Close: Wheat-July. S6%.: September
S61sas7: December. s77saSs; May. 90ss.
Corn-July 54A; old, 54a4: September, So:
old. 5;;1saA: December. ass old ASH: May.
454a7s. Oats-July, 29l4: September. 2Sl.;
December -; May Boz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
The World Of
Finance and Trade
THE COTTON MARKET.

NEW YORK. July 2I.-The cotton mar
ket opened easy at decline OF 9a14
points under active liquidation and bear
pressure prompted by lower cables and
good weather, but after increasing the
decline to a matter of 16al9 points there
was rally on covering to within or
points OF last nights finals and there
seemed to be support by bulls on the adj
vance. Trading was fairly active during
the early session. and after the opening
break the market was generally steady.
Cotton futures opened easy-July, 1855;
August, 1854: September 1859: October
1912; November. offered. 1918; December.
1854: January loss: March. 1927 bid;
April. 100 bid: May. 10. bid.
At midday the market was steady and
only about to points under last night S
finals. at which level orders seemed pretty
well divided and the volume of business
was moderate. Spot, quiet; middling up
land. 11.1J. middling gulf 11.40. EStf-
mated receipts of cotton at the ports to-
day, $4,000 bales. against 11,6H1 last week
and Ills last year. For the week. no.
600 bales. against 103, i92 last week and
/ .33S last year. TodayS receipts at New
Orleans 3,272 bales, against SOL last year.
and at Houston, 1,IS5 bales. against los
last year.
LIVERPOOL. July -. p.m.-Cotton:
Spot in moderate demand: prices 16 points
lower; American middling fair. $50: good
middiing. 6.O9; middling. 5.93; low mid
ding. 81: good ordinary 80; ordinary,
DAB. The sales of the day were 1000
bales. of which 200 were for speculation
and export. and included 6,400 American.
Receipts. none. Futures opened easy and
closed quiet: American middling, g. o. c..
July, 30; July-Ausust. SO; August-Sep-
tember. 80; September October. $50;
October November. 5.S1; November-De-
cember, $50; Overwhelmingly. J.S3
January February, 5.S4; February March,
ISL: March-April. 5.S5: April May $50;
May-June, $50; June July, 5.S6.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
BRIGHTON BEACH RACES.
The List Of Entries for Tomorrow's
Events.

Special Dispatch to The Star.
BRIGHTON BEACH RACE TRACK.
NEW YORK, July 27.-The following
is the list Of entries for tomorrow:
First race. selling. two-year-olds. FIVE and
a half furlongs-Aviston. 107; Senechal,
107; Sterling, 1902; st Estephe 1o4: merry
Belle, "a; Belden, 1O2; "Cinchona. 107; Mer-
rick, 104; Diablo Gold, 80; "Wilfred, 81;
Montanus, 107; Varonese 107.
longs-Lady Uncas, 100; Lucy Young, IS;
Lady Amelia, 1876; Uncle Jrigh. 100: Roba-
dor, %; Platoon, 80; Jack McKeon, SO;
Monet, 104; Race King, 100, BurieiSh, 40;
Pat Bulger, 103; Aeronaut, 1O3; Idle Dream
%; Frontenac, 122
one and one-sixteenth miles-Sweet Alice,
1O1; 'Gold Braid 101 atwood, 101; "Thstle
Heather. 101; Lady Jocelyn, 105; st. Breeze
1O6: Jerry Lynch. 1903; Tomcod JOG; Mac
beth II. los: THE Mighty, los.
Fourth race, handicap. three-year-olds
and upward: and one-eighth miles
Buttons ia; Marmee. 107: Caronal, 106;
Stamping Ground. 1909: Au Revoir 126;
Sailor Boy, 96; Eugenia Burch, 124; De-
vout, ZIG: kehailan, 100.
Fifth race, two-year-olds. six furlongs-
Kercheval, 1OS: Cassini. liz: Phidias. IT,:
Chalfonte, 1OS.
Sixth race, maidens. three-year- and
upward. one and sixteenth mile. Meteie.
1O5: Bindernen, 1O7; Lady Prudence. 1O5:
Louis H. 10; Suffice. 10o; Father D.. 10;
Maid of Timbuctoo, 105, La Golden, 10;
Glowstar. ITO.
Brighton Beach Races.
BRIGHTON BEACH. L. l.. July 27.-F'irst
race three-year-olds and up. selling: six
furlongs-Quadrille, to 1 and even, first:
Colossal, 8 to 5. place. second; Nom de
Plume, third. Time, LA %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
The Market Showed Substan-
tial Activity Today.
MATERIAL ADVANCES
SPECULATIVE WALL STREET IN
TERESTED IN ERIE.
Very Few Fresh Developments Other
wise of Importance-Wester Ad-
vices Were Encouraging.


Special Bis;e,-h The Star.
%t.W YORK. July 2T.-Thcre has been a
substantial increase in activity in the stock
market today, and material advances were
scored in practically every quarter Of the
market. The general distribution Of inter
st which was evident and the character
OF the dealings In other respects suggested
that there mas taken place little aug
mentatinn iu outside interest in the market
On account of the numerous favorable de-
Nelnpmeni~ ~ the past fortnight.
Speculative Wall street indeed was dis
posed to Ike the view that the declaration
yesterday afternoon Of the fun dividend on
Erie second preferred stock had sery ID to
disT@i the i"ug prevailing apathy which the
public has displayed toward events OF this
character.
1t Is certain indeed that public interest in
the Erie securities is and always has been
Widespt ead. although it would not be al
together easy Ia say why the Erie second
preferred dividend should have been Accord
ed such a different greeting from those which
We're extended To the Baltimore and Ohio
ard Mon Pacific dividends. At all events
however. he dealings in general showed a
greater degree of genGne animation than
has been NitHesSed for some time past. and
IL would be unfair and untrue to ascribe
the day = results in the market to nothing
else than manipulation and professional
pueTtIiou
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
FOREIGN BANK BUSINESS.

LONDON, July 81. - The weekly state
ment OF the Bank of England shows the
following changes: Total reserve decreased
e231 900. circulation decreased G3,0OO: bull
lion decreased S254 232. other securities de-
creased EJ34. 600, other deposits decreased
EI41 900. public deposits DECREASED ego. 600
note reserve decreased G2iS,0O0. government
securities unchanged.
The proportion of the banks reserve to
liability this week is 1867 per cent. COM
pared with 4s43 per cent last week.
The rate of discount of the Bank OF Eng
land remains unchanged at 2t2 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Grain, Provisions and Cotton Markets
Baltimore Markets.

I
BALTIMORE. Md. July 27.-FLOUR- I'M
changed; receipts, 800 barrels.
WIEAT-Quiet: spot. contract. S47aaS4:,: spot,
No I'D western, s6%s July sii4a!,4a,: August,
Sil,aS4i2; September. So steamer No = red 7TI4a
ITis; receipts. "A 1867 bushels southern by sample
new, 5Ias, southern grade new. 791aaS6i4.
CORN-Duli and easier; spot 90: July. GO; An
gust, J9l2; September, 6o1a asked; steamer mixed.
81; receipts 81 595 bushels; southern white corn
60a62i2 southern yellow corn. 60a64.
OATS-Easier; No 2 white. 3T1a asked; No 2
mixed, "a asked; receipts. 20. 1857 bushels.
RYE-Dull nearby bag lots, 50aG0.
HAY-Qulet. unchanged.
GRAIN FREiGHTS-Steady unchanged
BUTTER Steady. fancy imitation 17a1s: fancy
creamery. 2la2l12; fancy iadie, l6alT store
packed. Halls.
EGGS-Ftrn. II
CHEESt.-Firm; large l0a. medium. II; small,
1IG.
SUGAR-Steady; coarse graduated. 545: fine.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Brighton Beach Races.
Building Permits.

Building permits were issued by Inspector
Ashford today as follows:
To Horace V. Esterlfne. trustee for Year
ly Meeting of Friends ORTHODOXY. permit
for one-story brick meeting house at 1901
Kenesaw street; architects. Spieden &
Spieden; contractors, Fissen & Wagner;
estimated cost, $4,000.
To William P. Kellogg for one-story brick
store at 2442 18th street northwest: archi-
tect N r. Grimm contractors, l.. II. En-
nett; estimate cost, s., coo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Schneider Sent to Georgetown.

Following the promotion of Lieut. Harry
Schneider of the police department to that
office on July l, Maj. Sylvester recommend
ed today that Schneider be placed in COM
mand of the seventh precinct. Lieut.. An
thony Shilling. who has been acting as
commandment of the seventh, is to resume
his duties as night inspector.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Ban on Puts and Calls Upheld.

Directors of the Chicago Board OF Trade
have refused to grant a petition to abolish
the penalty for violating the rule governing
trading in puts and calls" The penalty
is equivalent to expulsion from the ex-
change The petition was signed by many
brokers' Those who sought to have the
rule changed hold that Minneapolis and
Milwaukee. where trading In puts and
calls is legal. are taking too much specu-
iative business from the Chicago exchange.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Washington Stock Exchange.

Sales-Regular call. IL O'Clock noon-washngton
Rwy. and Elec. pfd.. 100 at 81 (buyer months
100 at 81 buyer months. 50 at 90S
Union Trust. 10 at 1874. 10 at 1884,
Bank OF Washington, 10 at 50lB, 10 at SOP.
Commercial National Bank, 5 at TIA at ia
Riggs National Bank. IS at $50
Washington Gas. 20 at 81. % at 81, at 81 %
at 81. 80 at 81. at 61A. 20 at 61A. 20 at 61t.
% at 61A, at 61&.
Lanston Monotype. so at 15s.. so at 1s, 100 at
IS. 100 at 10, 100 at 16, 100 at 1871.
G.eene Copper, 100 at 25A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
New York Stock Market.

Furnished by w. b. Hibbs & Co. bankers
and brokers, 14l9 + street, members New
York stock exchange. Washington stock
-Xchange and Chicago board of trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Commission Houses Busy.

A number OF representative commission
houses did indeed report material revival
I'm their business 1t was undoubtedly true
that the covering of short contracts put
out in the break in the market toward the
close OF last week had much to do with
some OF the more rapid advances which
were scored but the days purchases of
stocks were very far from being wholly Of
that character.
So far rs fresh developments of general
Importance were concerned there were very
Few Western agricultural advices We're
generally encouraging, with welcome rains
reported from the corn belt
Wheat huctuated irregularly. while corn
was weak and cotton covered. as usual a
wide range of fluctuations.
Sterling continued firm, and money rates
ruled upon the low levels that have been
quoted throughout the week
he London market was dull but firm In
all Of its departments, and foreign houses
were buyers In this market on balance to
a small extent.
Some little discussion was conducted with
regard to the proba blities for Saturdays
bank stat ement. which 1t seemed to be
generally expected will make a consider
ably better showing than that of last week.
A Striking Movement.
one "f the most striking movements in
prices was that in the anthracite coal
shares. Delaware. Lackawanna and West
ern ana other higher priced stocks of the
group made very striking gains, and Read
Ing moved up materially on large transact
lions In this last-named instance buying
Tor short account was observed the COM
mitnents of this character having appar-
ently been entered into during last week S
scare with regard to the labor situation in
che Pennsylvania coal regions
AL OF The sO-Called Vanderbilt stocks
We're very strong, under the leadership of
New York Central. with particularly sharp
advances in the New York Chicago ana
s. Louis shares. The so-calIcd Nickel
Plate property has for years been operated
on an exceedingly high basis OF expenses,
during which time much has been ac-
e"mplished In the way of the phys Al re-
construction of the road. the cost OF which
has been supplied from its gross earrings.
Ii Is believed that II will not be necessary
TO provide for such extraordinary OUTLAWS
much longer, in which case dividend expec-
tattons are very apt to be shifted to this
direction Pennsylvania and it's allied
stocks Were all very strong also Other
stocks in which the covering Of short con-
tracts accounted for substantial advances
were Louisville and Nashville and Illinois
central which were sold in the earlier part
of the week on the appearance OF yellow
.vye! lu New Orleans.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27
Today's Government Receipts.

National bank notes received today for re-
demption. $1.116,9OO; government receipts
from internal revenue. $763 $40: customs,
S10I2,356; miscellaneous, $54,415; expendf-
lures, 81 SAC, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27

The Chicago City Railway Company has
fled bill in the United States circuit
court in Chicago for an injunction to Ie-
strain the city from interfering with any
of the companyS lines. The municipal
ownership ordinance passed by the city
council last March is attacked unconsti-
tutional, and the court is asked to grant
relief from any prejudicial act of the city.
The court is informed In the bill that che
city railway now has possession and con-
troll of 119 lines within the corporate
bounds of the city. on which the franchises
run until 1853 1t Is expected that the
ninety-nine-year act so often considered by
by the courts. will play an important part
in the argument in the present case.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27

John w. Gates. who Is expected to take
up his residence at Saratoga Saturday
for a few weeks to come, is said in Chicago
advices to be bulling wheat again.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27

According to eminent authority yellow
fever that breaks out in New Orleans as
late as in the present instance is hardly
likely to become a serious epidemic. In
years gone by the plague has attained great
proportions only when 1t appeared in May
or early June.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-27

A well-informed wire house, with impor
tant banking sources of information, says:
1.-The best-informed bankers in the street
say that they are surprised at the continued
ease of call and time money. They express
the opinion that 1t is entirely possible that
higher money rates may be deferred now
for some time to come. They also make the
point that many persons have preferred for
higher money, and that this fact will help
the situation later in the fall The best in
formation on crops Is distinctly reassuring,
and a great deal of optimism Is being en-
gendered by these hopeful reports. Bush
ness conditions are sound and railroad earn
ings excellent. After this spell of dullness
a good. strong market is expected.
The Birmingham age-herald., 1905-06-23
AIabsma Polytechnic Institute.

CHARLES c. TEACH, M. A., LLD.,
 President, Auburn, Ala.
 Session begins Wednesday, September G. 1905. Location high and healthful, S2e feet above sea level. Attendance 515 stu dents from 12 states and ? foreign coun- tries. Twenty professors and fifteen in- structors Individual teaching Eight de- gree courses.
 ENGINEERING: CD Civil, @ Electri- cal. () Mechanical (D Mining. 13 pro- fessors and instructors
 Extensive shops full of equipment. new machines, forge shops, foundry, etc. Over 100 sty1ents in leading professional positions oughout the south. Special attention work in mining engineering.
 :. AgrV .ture and horticulture. Il pro- fessors and instructors.
 6. Chemistry and Metallurgy. pro- fessors and instructors.
 2. Pharmacy.
 Every facility in chemistry. Large chemical staff. Extensive work in phar- macy, assaying, etc.
 8. Latin and modern language course: English -four years); Latin -four years): History -four years) French two years) German two years); Mathematics through conlc sections. Physics. Chemis- try, Political Economy and sPsychoIogy Seven professors and instructors.
 For information address president. 6-23-20t, fri-su-wed.
The Birmingham age-herald., 1905-06-23
DISCUSS PLANS FOR
 CARNAGIE LIBRARY
COMMISSION HELD MEETING IN MAYOR ScoTT'S oFFlCE--WILL ADOPT PLANS IN THIRTY DAYS. MIXER PLANT.

Ensley June 22.-(special. )-The carne- gie library commission met in Mayor Scotts office this morning and trans acted considerable preliminary work, looking to the erection of the Carnegie library The following members of the commission were present: Mayor Scott, J. w. Minor, Aldermen P. J. Rogers, M. H. Sherman, w. l.. Settle and Sup erintendent w H. Bowen of the public schools.
 The commission discussed the plans for the building, the furnishing of the building and the question of securing the books for the library. It was de- cided to meet again in about thirty days, at which time the plans for the building will be adopted.
 The citizens of the town have already subscribed over $1O00 to furnish the lib- rary.
 Steel Plant Mixer.
 The large mixer, recently installed by the steel plant is an innovation in the steel manufacturing of the south and is an aid in the combination of the open- hearth and Bessemer processes, which is largely reSpOnSlDle TOT the pldHI pledh- ing all previous records. The mixer. which is reproduced on this page, is used as storage for the hot pig and pre- vents it from cooling before being dumped into the converter.
 The mixer was built at a cost of over $9OOOO and has capacity of over 250 tons of pig iron. The hot pig is brought direct in ladies from the blast furnaces and is stored in the mixer until the con vertor is ready to receive it. It is then carried to the converter and blown un- der high pressure for fifteen minutes. The metal is then carried to the open hearth furnaces, where 1t is melted into ingots.
 The mixer and converter take a large amount of impurities from the iron and lessen the time necessary for keeping the metal in the open-hearth furnaces by al- most one-half.
 Since the mixer has been in operation the output of the steel plant has been increased from 15,OO0 and 16OO0 tons of steel per month to over 22ooO tons per month