davidaulloa/AmericanStories huggingface dataset:
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1905-01-04

UI TVITtsUNIHIIFC WVHs
HE question of road i'm
provement in the United
States seems within the
past year to have resolved
itself into the question Of
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
DRUIDING's FINANCIAL REVIEW

For the information Of parties who may
be interested in speculative securities We
have made arrangements with Mr.. F. O..
Druiding of Chicago. an expert writer on
financial topics and delineator Of stock eN-
change proha billties, to furnish a weekly
review OF the salient features Of current
financial topics cleaned from the various
exchanges.
We desire, however, on the part OF The
Bee TO disclaim all responsibility for the ac-
curateness OF any forecast Mr.. Druiding
may make concerning future prospects OF
any investment or enterprise.
All special inquiries about the present or
prospective value OF any particular Sc
curity should be addressed direct TO Mr.. f.
G. Druiding, No. 524 First National bank
building. Chicago. Ill.
CHICAGO oct. 2t.-(speciaL)-It cannot
be said that noticeable activity In the stock
market has increased TO any extent. Com
plications in insurance circles, tightneSs OF
money the conservatism of the banks, tho
failure of the sugar spectators In Paris,
African gold and diamond investments,
the acknowledged fact that the prosperity
OF the country has been discounted In Wall
street, the knowledge that great Rus
sian loan has got to be fioated and the
fact that Japan Is also demanding gold,
with the surplus and reserve low, II is
sional element are found in the markets.
II becomes evident from conditions such
as those which ! have just cited that this
Is not time to buy stocks The bubble
will burst, and those who wait for it will
profit handsomely.
AS a matter Of fact there is more agita-
ton, and the reconstructive element Is
much more pronounced than the unthink-
ing public realizes. Take for example the
Ontario & Western, the stockholders Of
which ousted the president and instituted
a management which obviously has in
creased the value of the stock. Notice the
determined efforts of the stockholders In
the Corn Products company, and observe
the rise in value of the shares OF Erie,
Kansas City, Southern, Toledo st. Louis
& Western shares. 1t will be seen at a
glance that the stockholders are beginning
TO take an interest in the AFFAIRS OF the
companies to whom they have given their
money for commercial use, and II will be
apparent at once that these same stock
holders are becoming interested enough
to travel hundreds of miles to sit at a
directors meeting In order to familiarize
themselves with the business AFFAIRS under
discussion.
This changing tendency is very apt to
spread with great rapidity, In which event
some OF the autocrats which exercise their
regal powers in the dummy directorate
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22

may be considerably Inconvenience and
as a result Wall street is very likely TO
Trading yesterday was somewhat more
active, but Il was the characteristic et-
ratio movements which have given CYL
dence OF it's instability In the past, Read
dated Gas and United states steel recov-
cred earlier losses and resulted IN trac-
tlonal gains. Car and Foundry lead all
others by a conspicuous advance OF three
points The sentiment in London is bull
ish, owing to the failure of the Bank OF
England to maintain its 4 per cent DTS,
in Berlin and Paris has remained in
active. Chicago subway has at last ne.
acted against the heavy decline and
showed gain OF two points A move
ment of some Importance Is recorded IN
the fact that the Republic Iron and Steel
company Is now in control OF j, w. Gates
and his friends. s. @. Cooper has been
elected president in place of A, w. Thomp-
son. Cooper was made director on
Wednesday. c. 8. Guthrie was elected
chairman of the board and executive COM
French. Before the American steel Hoop
company was absorbed by the United
states Steel corporation, Guthrie was its
was not reelected TO the executive com
mittee. II is expected that plan Will be
formulated for the payment OF back divi,
dends on the preferred stock and presented
to the new executive committee immedi-
ately for action in the matter.
Copper ip which the country Spectator
is most apt to be interested, had best be
left alone. A. ID. Mast & Co. say: Quo
tations on tho stocks Of all tho big pro-
ducing copper mines are too low. Anal
gamated, for instance, L. selling at 81 a
couple OF years ago It sold at 1870. osceola
& Boston sold up TO 120 on the same rise.
Now they are selling at llS Yet at the
time referred TO Copper sold AZ lo4, nov
It sells at II cents. and there is more de-
mand than supply. There are some stocks
on the market that have an inflated value.
but the solid substantial stocks are oe'nS
sold too cheap a.
Amalgamated Copper company de-
clared Yesterday a dividend OF Ia per
cent The Boston Montana Consolidated
Mining company paid a dividend OF : per
cent The bond market has been IN
flourishing condition up to the past Ie/
weeks. and the slump is due enurely 20
the existing money conditions No ques-
ton exists in my mind but what the en-
fire tendency OF the country is chahS
ing. A year from now bonds will be IN
better demand than at any time durInk
The history of this country. The STOCK
market lis one that should be strictly letI
alone at least until some of the hnancial
Clouds That threaten wall street have dis
appeared from the financial horizon
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
NEW YORK STOCESAND BONDS
Entire List Shows Strength and Animation
bat Not in Equal Degree.
lswER-PRlctO SHARES MOST ACTIN
Bank Statement Does Not Come IN
to Expectation, but RecuperatiOn
Disclosed IL Regarded Rs
Promising.

NEW YORK, Oct H.-The whole stock
list shared in the strength and animation
today but not in equal degree, the same
marked personality being shown fo1 low
priced stocks as in the active revival of
speculation yesterday. A large majority OF
the widest movements today will he found
amongst stocks selling below so. The
preference Is due to the idea that less
money will be required to carry this class
of stocks on margin during the close con-
ditions in the money market. This repre-
naming uncertainties over the money out
look in entering upon the present attempt
at speculative revival The revival rs
based however, upon the expectations that
the strain in the money market has passed
and that other conditions may now be
looked forward to.
The bank statement did not come up
fully to expectations in its strong features,
but the recuperation disclosed was accepted
in the speculation as of good promise The
increase in cash of 81, 797, 200 was only about
mary estimates. and the current comment
on the Stock Exchange explained this as
being due TO the larger part of the receipts
coming In the latter part of the Week..
The tone Of the foreign marke Is was
also easier and stocks were benefited ac-
cordingly. In spite of the dull business OF
Saturday foreign exchange rates made a
further aggressive advance here, and the
possibility of an early export of gold re-
ceived additional discussion. The stock
market. however, was unaffected by this
Total sales of bonds par value, 81 10000
Following were the sales and range OF
prices on the Stock exchange today:
Sales High. Low. Close.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
On track: No. 1 northern, sic; No. ? north
ern, S2izc; December, SIC; May. GAc.
OATS-Io arrive and on track, 8hc.
Features of the Trading and Closing
Prices on hoard Of Trade.

CHICAGO, Oct n-Reports Of damage TO
fall sown wheat In Kansas and Oklahoma
today. Another bulllsh factor was con-
tinued excellent demand for American grain
for export AZ the close wheat for Deem
are up y to sc. Provisions are practically
unchanged.
With the exception of a slightly easter
feeling at the start, the tone OF the wheat
market was firm throughout the entire
day. The volume OF business on the whole
was rather small At the opening Decem-
Der was unchanged to &c higher at S6tsu
SjAc. Influenced by clear weather in the
Minneapolis and Duluth, pit traders were
inclined 20 sell. Demand from commission
houses, however. absorbed the offerings az
se1<c. At the end Of the first hour tirmer
tone developed on covering by shorts.
Fresh reports Of drouth damage TO the new
buying One message from Kansas City
said: The dry weather situation in Kansas
and Oklahoma is worth giving attention 70.
1t Is learned from reliable sources that the
complaints OF damage are well FOUNDED.
Another factor that created some appre-
hension in the minds of shorts was con-
tinued urgent demand from exporters for
American corn and oats. The demand from
foreigners for grain tended to strengthen
shortage Of feed stun in Europe. For De
cember wheat the highest point of the Day
strong with December at s7qS7isc. Clear
ances of wheat and flour were equal 10
EfltDUO bushels. primary receipts were ltit1v'
600 bushels, compared with 1,S44OO bushels
a year ago. Minneapolis, Duluth and en-.
cago reported receipts of 1874 cars, against
763 cars last week and 724 cars year ago.
Notwithstanding Ideal weather conditlohs
for the new crop, the corn market was
firm the greater part of the session. Early
in the day there was a little selling by pit
traders who were Influenced by the clear
cold weather Later shorts covered, as
result of a good shipping and export de-
mand. Light receipts helped to create a
tone The close was firm with prices al
most at the highest point Of the day. De,
comber opened "A shade lower at 44leo, sold
up to 4Jkm45c and closed at A1sc. Local re-
ceipts were 11 cars with ~ cars of contract
grade.
The oats market was firm the entire ses-
| sion. Trading was fairly active with con-
| siderable covering by shorts. The enor,
| the continued demand from exporters was
| the chief bullish influence December was
unchanged al 2S2.c, sold up TO 29sc and
| closed at 29lsc. Local receipts were @z
\ cars
The feature of trading in provisions was
| renewed selling of lard and ribs by local
packer Early in the day the market felt
! the effect of these offerings, but later
| steadied on the strength OF grain. At the
close January pork was up PIC at 81 70.
J Lard was unchanged at $6,771kQ6SO. RIOS
were up exc at $3.50.
Estimated receipts for Monday: Wheat,
| 152 cars; corn 1853 cars, oats, $50 cars; hogs'
| 80 900 head.
The leading futures ranged as follows:
1
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
GRAIN AND PRODUCE NARRET
Bull Activity Develops Which Carrie,
Prices Up
WEEKEND CLOSE UNUSUALLY STRONG
MilIers Are Buying and Minneapolis
Mile Run sundRy-Corn's
strength Is on late Cow
eyiBE of shorts.
OMAHA. Oct. q. 1aoE

OMAHA. oct p. 1895.
The hrst hour the market was dull but
very frm. Later bull activity developed,
which carried prices up. The news, while
strong In some particulars, was hardly as
important factor as sentiment and the
cash situation. Minneapolis reported a
good cash demand. All the mills are ex-
pected 70 run tomorrow. Reports from the
southwest indicate that millers and others
are buying wheat on the dry weather pre-
yailing. The farmers are experiencing diff
ncuity In obtaining supplies at reasonable
prices, Gables were firm. December closed
az 6qei1bc, May at size and July at sac
Corn was Arm early. but strong the latter
part on the session on covering by shorts
In sympathy with the strength In wheat
December closed at H7tc, old December at
4o3s; May at 441fc and July at 4Sse.
Offerings of oats under 31kc for May
proved very limited and the market ad-
vanced quickly on moderate buying. The
large export demand, not only for oats, but
friendly sentiment December closed at 20
nZshc, May at desc and July at SOSsc,. 80
hn rhmiary wheat receipts were YER 1000
against receipts OF 600 bushels last year
and shipments of $4,000 bushels Corn re-
oeipts were 297 900 bushels and shipments
$1,000 bushels against receipts last year Of
$1,000 bushels and shipments Of 234O00 bush
els Clearances were 5000 bushels of corn.
wheat and 1900 barrels OF flour.
Liverpool closed unchanged to Ad higher
and unchanged on corn.
Duluth says 100000 bushels of Manitoba
wheat have thus far been sold for export.
On the basis OF a 10000 OOO-bushel crop this
Is good business.
Worlds shipments for Monday will be
about 100000 bushels, OF which Europe will
take about S,S00O00 bushels.
Those who have watched the wheat mar
ket closely for several days say the selling
at Chicago has been for the northwest and
by the local talent, who fear that they will
be unloaded upon every time the wheat
weakens. The bull leaders, they say, have
not disturbed their holdings and have SIM
ply scalped.
Rankin wired from Minneapolis: 1--WE es-
Innate, with the help of figures received
from various sources, that IS per cent Of
the wheat crop of these three states has
been marketed by the farmers Sixty per
cent of our wheat crop is usually marketed
by December l, but we do not believe the
percentage will reach that figure this year.
Many houses are full and unable to do bus
mess Notwithstanding that the railroads
ire doing their utmost TO relieve them"
Omaha Cash sales.
WHEAT-No 2 hard 2 cars, SOIsc; ! car
Dhc; ! car, SOC; No. hard, car Tic;
CORNING grade. l car. 4Oc.
Omaha Cash Prices.
WHEAT--No 2 hard, S0dslc; No. 3 hard
bl59i9ci No. hard, Hq16c; No. spring,
sHlSct No. spring, 73@77c
COHN-No. yellow, HQ47hc; No.
oATs-No 3 mixed, 9sa2shc; No. )
RYE-NO. 2. 63d65c; No. g. 61Q63c.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Cation Market.

NEW YORK, Oct. H.-COTTON-Marke
closed quiet; middling uplands, 10 zoe; mid
ST LOUIS, Oct. n.-COTTON-Firm |;
middllng, 1Ossc. Sales, 1856 bales; stock, 1884
bales,
moderate demand, prices u points higher
American middling fair, 5.94d; good mid
ding, Sod; middling, b.54d; low middling
The sales OF the day were 1000 bales, OF
which SEQ were for speculation and export.
and included 400 American. Receipts, 400
bales, all American,
NEW ORLEANS, Oct. 1.-COTTON-
Steady. Sales, 675 bales. Ordinary, 7-1ee;
good ordinary, S4sc; low middling, 51fci mid
fair, 10 li-l6c. Receipts, 5,112 balesi stock,
1857 bales.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
AND FEEDERS.

HoGs-The market opened in very fair
shape this morning on the good kinds OF
prices The movement on that kind was
reasonably active, so that the most OF the
hogs answering to that description changed
on the other hand, the less desirable loads
were rather slow and were inclined to
sell a little easier than yesterday AS
noted recently. quality is cutting more fig
ure than was the case short time ago and
not so much attention is paid TO weights
Good lightweights stu have the preference
but good heavy and butcher. loads are SELL
ing closer up to them than they were.
The hog market this week has remained
very steady, there being no important
fluctuations any day, either up or down
Under the influence OF moderate receipts
and a good demand prices have gradually
frmed up, and at the close of the week
are on an average just about sc higher
than they were at the close Of last week.
columns the hog Market is al Sres a these eS
tanning its main support from the shippers,
who, with the aid of light receipts. are
ers in all sections Of the country believe
that hogs are too high to admit OF cured
meats being stored away. at profit. and
whenever the shipping demand falls on
they pound prices without hesitation. II
they had their way the market would be
at least soc lower than it is now. This is
the season OF the year when the market
usually breaks under the influence OF bear
october the average price OF hogs on Inc
irst day OF the month ives S5.7L but be-
fore the close Of the, month they had
dropped down Just under the $500 mark
During November they continued on down.
closing the month at S442 the average on
the last day. During the last eighteen
years the market for the month OF Octo-
Der has closed lower than II opened, with
only two exceptions, and they were In 1891
market base higher than II opened Dur
ing the same term OF years the market
FOR November has closed higher only fve
times
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Articles. Open. High Low ! clOse,l Yes'y.
T R $s;.: .,.ssss s. aS 81 ss
NEW YORK GENERAL MARKET
Quotations of the Day on Various
COmmoditieE

Commodities.
NEW YORK, oct. I.-FLoUR-Recei
1851 bbls.; exports. 1850 bills; steady but
quiet Minnesota patents, S.6Oa5.lO; Mime
sofa bakers, $3.6OGJ400; winter patents, A25
extras, SsS5dss5; winter low grades, 'i2759
S'Se. Rye hour quiet fair TO good Ss;SS8
flour, dull; spot and to arrive, N90Q2.0O.
BQCKWHEAT-oulet; delivered in New
CoRNMEAL-steady; fine white and yell
low, N;2S; coarse, A14gl.l6; kiln dried.
RYES0uiet; No. western, 75c, c. i. f..
BARLEY-steady: feeding, 4Oc, c. l. E.,
Bgffalo; mailing, t5q6lisci C. ( e., Buffalo:
MOO ba Spot, firm No. red sl%ep, O eie
vstor. and sStG, T.; s. o: D. ahoSti No .!
No. i northern, Manitoba, s4isc, I. o. b.,
ahoat. The opening in wheat was steadier
on cables, after which it reacted under
ing. A rally followed on bull support and
covering by shorts. the close showing kq
Il ssisc. May, sOssasic, closed at Bic $3.50
BY; Spot, nrmi 30. l. ,Sic' elevator, and
trSnsactions. closing &c net higher. De-
'G o&f Is snq 5S fb a e4 Msgt
blu, Spot steady; mixed oats, % to 80 lbs,
s eHippe 9aS WRITE S ss te b 80 49, %a
FEED-ouiet; spring bran 1855; mid
ding, $l640; city, M1.OOM3OO
,b aAYT GUS spring SoaoSe' good to
HoPs-Ffrm; state, common to choice
1906 crop l6g23c 1904 crop, 1sq2lc Odds
IGDi1c. Pacific coast, 1906 crop, 14GplSc; 1904
crop. l3ell7c; olds, S6pl1c.
H1DEs-Firm; Galveston, 20 to Is lbs,
2Oc; California, p TO % lbs, lslsc Texas
dry, "a % 80 lbs, lSlhc.
Firm; acid, 2Sa27e,
PROVI6IONS-Beef steady; family, Sll5(
ai2.00; mess, $950tIl0.O0; beef hams, S2i. OOd
ESQ; packet, SiO5Oall.OO; city extra India
mess, AI50als.50. Cut meats, steady; pick
ed bellies, &75ai0.5O picked shoulders
l6,5OQ1OO; picked hams, f95OqlOOO. Lard
steady; western steamed, $750q76O; refined
~ quiet; continent, $3.50; South America, s.. so
compound. &.5OdS.S7l5 Pork, steady; family
nT50QlS.00; short clear, N45Od16.50; mess
kl6.O04i6.25.
TALLOW-Steady; city go per pkg.), 4Ac
country (pkgs. free) 4hG4%C.
BUTTER-Slightly frmer, but unchanged
state creamery, 22d22lRc, Oficial prices
Creamery, common to extra, l6Q22c; reno
waited. l5120c
EGGS-Quiet; extra western hrsts, 23G
235Ac; western seconds, lSG2Oc.
30 U L TR Y-Allve. nominal; western
chickens, re; fowls, l3c; turkeys, lac
Dressed, steady; western chickens, 9dllc
fowls. l0qlSe; turkeys, l4q2Oc.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Foreign Financial.

LONDON. oct. 21.-Rates for money were
easier in the market and supplies were
fairly abundant. Discounts were steady.
The $5,OOO,OO0 in gold shipped from India
for the account of the Indian secretary
was landed in Egypt and a corresponding
sum was set aside by the Bank Of Eng
land for the currency note reserve. Trad
ing on the Stock Exchange was cheerful.
Prices hardened with the cessation Of
liquidation, although there was the usual
week end slackness, in addition to which
the nearness of the settlement checked
dealings Consols were steady, sustaining
first class securities. Home rails were
strong. Americans opened steady, improved
on New York support and hopes of a good
New York bank statement and closed firm
and inactive. Japanese imperial 6s OF 1904
We're quoted at 101h.
PARIS, oct. 21.-Prices on the Bourse to-
day presented an upward tendency through
out. Russian imperial As were quoted at
1925, for Russian bonds of 1904 at 52I.
BERLIN, Oct. 21.-Prices on the Bourse
today were firm.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Date. 1906. 1904 i9v8. 1892 i90l. 1870. 1853
Indicates Sunday.

The official number of cars
brought in today by each road '
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22

CATTLE-As usual on the last day of
portanoe here, at least not enough to make
a. market. AS will be noted from the to-
bles above the receipts OF cattle this
last week but smaller than two weeks
ago, by close to 5000 head. As compared
with a year ago there has been a gain
The weeks trade in beef steers opened
rather .unfavorably for the sellers. There
was a large run on Monday, over 400 cars,
other selling points. Under such circum-
stances, it was not, surprising that buyers
prices good and hard, From I'M Monday ON on
the receipts were only moderate and the
market gradually strengthened up until
close Of the week, it is safe to say that
steady with 3 week ago. while western
as much as 1OG15c higher. The market
after Monday was In good, healthy con-
dition al the week that is. the demand
most days the movement was fairly active,
so that the receipts were disposed OF with
out very much trouble
Cows and heifers also sold off a little
on Monday for the same reason that beeves
were lower; that is, large receipts and
During the remainder ." Of the week So'1 the
market was fairly active every day, with
prices gradually tending upward, At, the
15a25c higher than It was a week ago,
More than that, cows are now selling
at the highest point touched by the mar
ket in some little time. There do not APP
pear. to be as many cows among the. cattle
receipts this season as usual while the
demand Is very brisk. This fact is making
very good COW market. and cattle OF
that kind are selling very we'll as compared
with the prices of beef steers.
A very considerable proportion of all the
cattle coming forward this week has beer
made up of stockers and feeders from the
range. Fortunately there has been a good
country demand all the week so that the
trade has been kept in q good. healthy con-
market every day, with a tendency toward
flrmness which has gradually carried
prices TO a little higher basis. At the
close of the week II Is safe TO quote the
desirable kinds of cattle as 10d15c higher
than the close of last week. More thar
that, the yards are we'll cleaned up, sc
that the prospects would seem to indicate
favorable opening for next week.
Representative sales:
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Knn.n. CIty LING stock Market.

KANSAS CITY, Oct. 2l.-CATTLE-Re-
ceipts 5000 head including 200 southerns.
Market unchanged choice export and
dressed beef steers S5.25Q600; fair to good,
$4OOa5OO; western steers, &.SOq450i stock
S2.506I450; southern cows $l.75q2.S5; native
cows, $l.75Q3.25; native heifers, S25Oq4 10;
bulls, s2.0Oa3 90; calves, s2.5Oq65O Receipts
for the week, 3d. 100 head.
lIOGS-Receipts, 5,OC0 head Market was
weak to DC lower; top, $50; bulk of sales,
$3.50; pigs and lights $.75q515. Receipts
for the week. 6, 800 head.
SHEEP AND LAAMBS-Receipts, 5000
head Market steady; native lambs, $500
7.5O; western lambs S55Od7. 60; ewes and
yearlings, A0OQ5.25; western clipped year.
iings, A6Od5.25; western clipped sheep, $4.OO
a5OO: stockers and feeders, S3.50q465 Re
ceipts for the week, q, 800 head.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-22
Co2ee Market.

NEW YORK, Oct. A.-COFFEE-Marke
for futures opened steady at unchanged
prices In line with fairly good French ca
bles and later gained ground slightly, ow-
ing to the advance In the rate OF Brazilian
nearby liquidation. Trade interests were
moderate buyers. The close was steady,
net unchanged 70 10 points higher. Sales
vember at 6SOc; December. 6.S5c; February,
7.lOc; March. 7i5c; May 7Sc; July, Ei5c;
September, 7S0d7.85c. Spot steady and
quiet; No Rio, 9-l6c.