davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Another Bank Failure.

special from Darlington announces the
closing of the doors of the Darlington Trust
Company's bank. a notice posted by Cashier
Lide informing the public that owing to
financial troubles involving the Independent
Oil Company business would be suspended
temporarily. The bank was capitalized at
S2O0.00O, and of this amount $120 900 is said
to be paid In.
The former president, R Keith Dargan,
is president of the Independent Oil Com
pany. which operates several plants and
has a refinery In Charleston. 1t is under
stood that Bright Williamson. who was
elected president of the bank two weeks
ago. began AN investigation and yesterday
called special session of directors 1t is
understood that Williamson has already
been appointed receiver of the bank by a
judge of the circuit court. Bank officers
claim that every liability will be met.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
The World of
Finance and Trade
THE COTTON MARKET.

NEW YORK, July S--The cotton market
opened weak at a decline of 14a2I points,
in response to weak ca bles. talk of increased
spot offerings following the advice of lead
ing southern interests to spot holders sell at
1Oc. or over. and appretensons that devel-
opments with regard to the crop report
charges would result in discred.ting the
July condition figures.
There was a good demand at the decline.
however, and toward tie end of the first
hour the market had recovered a part of
its early loss and trading was less active.
Prices were still about II to IA points net
lower.
Estimated receipts at the ports today.
10000 bales, against 6.049 last week and
9s5 last year. For the week. CO.GOo bales.
against t2.2i9 last week and 1O,o1S last
year. Todays receipts at New Orleans
1.314 bales. against lbs last year, and at
Houston. 2,394 bales. against 21O last year.
Futures opened weak. July. 1U4G; Au-
gust, 1890: September, 10.3o; October.
1o.44: December, 1885, January, LOGS;
March. 1916; May, 1850.
Futures closed firm. July. 1865: August,
10.6S; September. 1912: October. 1918: No
vember. 1881: December, 1875: January.
1888; February, 1921; March, 1895; April,
1897; May, 11.O0.
Spot closed quiet: m:ddling uplands,
1880; mddling gulf. Ills; sales none.
The cotton market was very excited to-
day, fluctuations being violent and trans
actions reaching 3O0,0O0 bales for the half
session. Closing last night at 10.71 Octo-
Der contracts sold as low as 1O.43 at the
opening and before the close had rallied
to 1889. an advance from the lowest
of about S1.S5 bale. The weak opening
was in response to lower cables, talk of
Increased offering of spot cotton in the
south. and apprehension that developments
in the investigation of the alleged irregu-
larity in the government bureau would ex-
pose something discreditable to July con-
dition figures.
The rally was on heavy rain in the west
ern belt and the market ruled particularly
firm after the publication of the depart
ment sta tement as to the outcome of the
recent investigation. The closing was
firm at net advance of to u points,
comparing with an opening decline of Haas
points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
FUGITIVE BANKER CAUGHT.
Charged With Misrepresentation Of
Bank Funds.

Charles c. May. formerly president of the
Big Bend National Bank of Davenport.
Wash. was arrested in Boston yesterday as
fugitive from justice by federal detec-
tives. 1t was stated at the federal building
that May is under indictment in the state
of Washington on the charge of misappro-
priating funds Of the Big Bend bank.
May was arraigned before United States
Commissioner Hale and held in $1,000 bail
for further hearing. Bonds were not fur
nished. 1t is understood that the charge
against May in Davenport is that of mis-
appropriating $2S,JOO from the bank which
went into receivership a year ago.
May was for several years one of the
leading business men of Lincoln county
wash. He became interested in a scheme
to drive a tunnel over a mile long into Pal
mer mountain. in Okanogan county for the
purpose of cutting many veins of ore. and
a large portion of the banks resources was
diverted for this purpose. The bank was
closed by order of the controller on Novem-
Der 20. 1894. Eugene T. Wilson being named
as receiver. Its resources at that time were
rated at $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Chicago Grain Market.

CHICAGO, July S.-Under general profit
taking September wheat dropped to S7l4as,
here today On larger receipts than esti.
mated September corn declined to Sc A
fair demand from cash houses steaded
September oats at 313a
The wheat market continued weak tho
entire session. prospects of clear weather
for tomorrow having considerable influence
For September the lowest point of the day
was reached at S71sc. The market closed
weak. with September down precisely 1c.
at S7l4c.
Later September corn declined to 55Mc
The market closed with September dowr
haAc., at 561sa56Nc.
Close: Wheat-July, S9Nc.: September
S7Ac.: December. S711c.; May. S91sc. Corn
July. 571sc.; old. 57Ac-; September, 561sa
56Ac.; old, 561kc.; December 497sc.; old
577ac.: May, 481sc. Oats-July, 327sc.; Sep
TENDER. 317sc.: December. 31Na32c.; May
331za33Nc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
NEW YORK BANKS.

NEW YORK. July s.-The statement OF
averages OF the clearing house banks OF
this city for the five days shows:
Loans. 81. lie. 45S 500: decrease. N.41O. 800
Deposits. l.15S. 305 100: decrease. 81 33. 500
Circulation, $as.SJ9.9 800: increase, 1923. 100
Legal tenders. $50. 562 500: decrease. 1851.
TOO Specie. SIG. 81 800: decrease. 800
Reserve. $297 ,534. 100: decrease. s5.634. 800
Reserve required. $2S9. &c. 75: decrease 81
9s3 45O. Surplus. $7.957 1926: decrease. So
701 $50. Ex-United States deposits. SIC. 9o2.-
225: decrease. s.. 500, SEQ.
Money on call. nominal. No loans. Time
loans. steady; sixty days, per cent; ninety
days. 3A per cent; six months. 3ha3Z.
Close-Prime mercantile paper 4a4A per
cent Sterling exchange. steady. with ac-
tual business in bankers bills at 4S6. 90a4S7
for demand and at 49,. 15a4S5.25 for sixty
days bills Posted rates, 4S6a4S Com
mercial bills, 4S4&aiS5. Bar silver, 5SZ
Mexican dollars, Is 100: government bonds
steady; railroad bonds steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
LOCAL FINANCIAL NEWS.

1t is pretty dificult to keep the holiday
atmosphere out of the Saturday meetings
of the stock exchange. although the amount
of trading done at the meeting today was
quite as large and certainly as important
as that which Is often recorded as a days
work when there Is no question about q
holiday
The earlier hour for the meeting Of the
exchange on Saturday has perhaps some
thing to do with the feeling that these ses-
sions are somehow different from those
held on the other days of the week. Then.
too, there is a thinning out Of the members
just now, they begin to go on their va
cations. A number have already gone and
others will go today.
There will be at all times. 1t is probable.
good working quota of the board right
through the summer. as those who are now
away will be back and take the places OF
the later goers.
The call proceeded today without any
thing happening of consequence. even In
the changing of quotations. to say nothing
of sales, until the stock of the Columbia
Fire Insurance Company was reached.
Three blocks of one hundred shares each
were sold for II. and the stock was still
to be had at that figure. but the bid did not
go beyond 1C7s
Gas stock was sold in fractional lots to
the extent Of seventy-nine shares. The
range WAS ITOIIl CU 10 QUA. aiiu dl Tic cioSC
the bid advanced to 6oA and COZ was asked.
Yesterday the bid was 59s4 and GO was
asked.
There was nothing done in railroad Sc
curities during the call. After the call the
preferred stock of the Washington Railway
and Electric Company was offered for sale
at 90i5. For the bonds a bid of 907s was
made, but without result.
For Capital Traction stock a bid was
made after call of 144k and las was asked.
A block of thirty-fve shares was secured
at AS
There considerable trading in Lans-
ton. that is. in comparison with the BUSH
ness done for several days past. Altogether
some 500 shares were sold on range from
1914 to l6 At the close 1873 was bid and
1875 was asked. After call couple of
fifty-share lots went for 16
Nothing was done in Mergenthaler except
to record the bid of 1856 and the asking
price of 1861. These figures are better
than those of yesterday then 1855 was
bid and 1864 was asked.
The demand for LanSton at 16k was sat-
isfied with two 100-share lots. The bid was
not renewed on that level, and subsequently
a bid of 16 for 100 shares secured the lot.
There was no effort made to find out il
there was more stock to be had on these
terms. The bid fell below 16. and stock
was offered an eighth advance.
The bank cleaIings for the week ending
today were 1925, 1925. an increase of ST.
OIL 1921 over corresponding week last
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Bank Statement.
FIGHT WITH A BANDIT.
Recent Troubles Reported in Santo
Domingo.

Neither the State Navy Department
has received any adviees of a battle at Bar
ahona. Santo Domingo The report Of fresh
revolutionary troubles Is discredited. The
American minister to Santo Domingo. Mr.
Thomas Dawson. Is now IN Washington on
leave. as is former Minister Powell. who
arrived today from Haiti. his present post
Minister Dawson explained that a bandit.
with about twenty followers. has been mo-
Testing the town Of Barahona. on the south
ern coast. July 1 advices were received at
the Navy Department from the comma nder
of the cruiser Des Sfoines. saying there had
been an engagement between government
troops and the bandits near Barahona. and
some of the band had been killed. that the
Des Moines went from Santo Domingo to
Barahona when the trouble was first re-
ported. She has since returned to Santo
Domingo She has about twenty-five ma
rines aboard.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
THE COTTON OUTLOOK.
Decrease in the Visible Supply Compar-
ed With Last Week.

Secretary Hester's statement of the
worlds visible supply of cotton. issued at
New Orleans yesterday. shows the total
visible to be 1916. 1876 bales. against 3,437.-
O4l last week, and 1,977.963 last year. OF
this the total of American cotton is 2,O4s.-
1875 against 2.151 ,041 last week. and 1907, :
963 last year, and of all other kinds in
Guiding Egypt Brazil. India, etc. 1.2SS 900.
against l ,2s6,0O0 last week, and 10000 last
year.
OF the worlds visible supply of cotton
there are now afioat and held in Great Brit
ain and continental Europe 1.720, 900 bales
against ,l69. 900 last year; in Egypt, 11J ,oD0
against 10l 900 last year. in India, 910,Oo0
against 4G1 900 last year. and in the United
States, 5Il go. against PAT 900 last year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
CANAL ADMINISTRATION.
President Not Yet Fully Decided o,
Panama Matter.

Special Dispatch to The Star
OYSTER BAY, N. Y, July SIN response
to question regarding the possibility OF
the administration transferring the con-
struction Of the Panama canal from the
jurisdiction Of Secretary Of War Taft to
that Of Elihu Root, the new Secretary OF
State, the President said this morning that
while the proposition was being considered
nothing definite had yet been decided
1t was supposed several days ago when
Charles E. Magoon, the governor of the
canal zone. was appointed United States
minister to Panama as well. that this was
the first step in removing the canals con-
struction from the supervision of the War
Department and placing it in the hands OF
the Department of State
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Baltimore Markets.
Snatch TO The Star

Special Dispatch to The Star.
BALTIMORE, Nd. July S--FLOUR-Qulet, uf,-
changed, receipts, 2.4i6 barrels; exports iO2
rpls.
WHEAT-Easier: spot. contract oONs90| spot,
No. red western. 90iaa90h: July. s7J1aS7L; Au-
gust. S6I2as65.. September. S7AaS7E: steamer No.
red, SlhasiN; receipts. 1905 bushels: south
ern by sample. Toa92; new southern grade,
S2a9i.
CORN-Steady: spot. 62t-a6eA: July. 62i. a62t. ;
steamer mixed. 59a59L.; receipts IS. GAL bushels:
southern white corn Goats; southern yellow corn
GOa65.
OArS-Firm: No. white. 3sIta39; No. mixed
s8t-a36%. receipts. 2 1913 bushels.
RNE-Dull; uptown. No. western, 8iaSJ; re-
ceip:s 269 bushels
HAi-Stesdy. unchanged
GRAIN FREfGHTS-Duli, unchanged.
BUTTER Steady; fancy imitation. 16ai7: fancy
creamery. isa2o: fancy ladle. IAaI5; fancy roll,
IA store packed, 13ai4.
EitiS-Steady, 16al6t1.
CHEEsE-Firm; large. Tx; medium. 1ih:
small. li%
sUGAR--Firm: coarse graduated. s is; nne. SIS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
THE CALEB POWERS CASE.
Clash Of Judicial Authority Over Re
cent Decision Imminent.

GEORGETOWN. KY. July Sit Is said
here that Judge Stout of the circuit court.
who is on Monday to call for trial the case
OF Caleb Powers, charged with completely
in the killing of William Goebei. has given
orders to jailer Finley not to allow the
transfer of Powers from his charge until
after the trial.
AZ Judge Cr0chran of the United States
district court yesterday granted a writ Of
habeas corpus and directed that Powers be
removed to tho jail at Newport. KY. q
clash of authority may occur.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
JoNAQABS MEETING.
Session Last Night at Pennsylvani,
Avenue Headquarters

Washington Council No l. Fraternal
Sons of Jonadab, held largely attended
meeting last night at their headquarters
9O2 Pennsylvania avenue northwest. In the
absence of Worthy Chief r. E. O'Brien, Mr.
Thomas J. Clarke presided. He said that
the Grand Council of the organization, at q
recent session, had decided to hold purely
social sessions at the residence of each
member, alternating each week
Recording Secretary William A. Hickey
presented the council with book contain.
ing clippings from The Star, making COM
plete history Of the order since it's founda-
ton, last April
In the good of the order exercises Mr.
William A. Hickey was called to the chair
and temperance talks were given by Thomas
j. Maloney, Capt. John Shaw. John r.
Davis, John p. Kiefer and others
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Private Bank Deposits Missing.

Sixty thousand dollars in United States
bonds which had been deposited In the de-
funct Commercial Bank of Hagerstown.
Ind. for safe keeping by private individ-
uals is gone. The discovery was made yes
terday. when an examination of the con-
tents of the safe was completed. John
Bowman the cashier of the bank. commit
ted suicide July 3. and the doors OF the
bank have been closed.
J. A. Spekenhier. who has been appointed
receiver of the defunct bank. places the liza
bilities at $15I715 and the assets at S64, SS0
There are 6O0 individual depositors.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Christian Endeavorers

The program of the Christian Endeayor-
ers upon the steps of the east front OF the
Capitol this afternoon beginning at $50
O'Clock was purely informal Bishop Sam
uel Fallows of Chicago ILL.,, presided and
the singing was led by Mr.. Percy Foster of
this city. After several songs an address
of welcome by Commissioner Henry B. F.
Macfarland was scheduled after which the
meeting will come to a close after song
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08

general foundry trade. while certain lines
are not making heavy contracts. This is
only to be expected as the usual summer
dullness.
Makers of machinery and railroad equip
ment win have their hands full for the last
half of the year, and all indications point
to a continuance of approximately the pres
ent rate of consumption. Certain 1t is that
stocks in consumers yards are being rap
idly depleted. We are confronted now with
a dull and sagging market in the face Of
conditions fundamentally good as they
were six months ago. This situation can
not last definitely"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
ADVISED TO SELL COTTON.
Association Presidents Advice Caused
CONSERVATION at New Orleans.

NEW ORLEANS. La. July s-Teie-
graphed instructions from President Jor
dan Of the Southern Cotton Association to
members of that organization to sell their
cotton while they could get ten cents for
1t caused CONSERVATION among traders on
the local cotton exchange and a break of
Is points was caused in a few minutes.
with greater break an imminent posi-
bility. Jordan said he believed too high
prices would be calamity to the farmers
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Worlds Visible Cotton Supply.

NEW ORLEANS. July s.-Secretary
Hester's statement of the worlds visible
supply of cotton made up from special
cable and teiegraphic advices shows 12O.-
sa5 bales for the week just closed. a de-
crease of $3.50 as compared with last
year. The visible supply is $3.50 l90 Of
which 2.oiS,l9S Is American.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Washington Stock Exchange.

Saies.-Regular call, IL O'Clock noon-COlumbia
Fire Insurance 100 at II. 100 at H. 100 at IL.
Washington Gas. IS at 90. IS at CO.'S. at co.'s.
Lanston Monotyre, so at 1914. % at 1874. 20 at
1874, 100 at 1873. 100 at 16h. so at 16hs, p at
1914 20 at 16k. 100 at 49, at 10.
After call-Capital Traction, at 144h. 80 at
143.
Lanston Monotype. at 1875. so at 16. so at 16.
Washington Rwy and Elec pfd.. 25 at 90E.
Arlington Fire Insurance, 25 at %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Grain, Provisions and Cotton Markets.
New Postmaster at Arundel.

Postmaster General Cortelyou today ap-
pointed T. Berry Linton postmaster at
Arundel-on-the-Bay. Md. Mr.. Linton was
strongly recommended for the position by
citizens of Washington who make their
summer homes at Arundel and was Endorsed
by Representative Mudd OF Maryland.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Today's Government Receipts.

National bank notes received today for re-
demption. s9s6,675; government receipts
from internal revenue. 81 02S,97 customs,
S737.s64 miscellaneous, $72,S21; expendi-
lures, $2310,O00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
Not His Place.

From the Chicago news
The train robbers had the conductor
down.
Quarter, Quarter!" he shouted.
mot a bit of it!'' roared the leader Of
the masked men. The Pullman porter is
the only one on this train who has any
right to demand a quarter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
The Bank Statement.
New York Stock Market.

Furnished by w. B. Hibbs & Co. bankers
and brokers. 1419 F street members New
York stock exchange. Washington stock
exchange and Chicago board of trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08
FOREIGN BANK BUSINESS.

BERLIN, July S.-Exchange on London,
20 marks An pfennigs for checks.
PARIS, July S.-Three per cent rentes 90
francs 2I1s confines for the account Ex-
change on London. % francs IA centimes
for checks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08

Charles F. Scott. justice of the Police
Court, left this morning for Mountain Lake
Park. Md. where he will spend his vaca-
ton. He was accompanied by his family.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08

1t Is reported that the largest single con-
tract for refined copper ever placed by the
Chinese government or Chinese merchants
In this market was made yesterday by
prominent German copper firm. It calls
for 5000 tons Of eiectroIytic copper to be
shipped direct to Hongkong at the rate Of
1000 tons month from August l. The
price Is said to be Is cents. and this. 1t Is
said will tend to hold the home market
steady for some months. The total takings
OF refined copper on Chinese account in the
last August had been about 100000 tons.
Estimated at that. the average exports OF
the rest Of this year will be about 20. 600
tons month.
=
Rogers. Brown & Co. say in their weekly
circular: The pig-iron market has drifted
through another week of summer dullness
with no developments OF special Importance
At the end of six months We md consump-
tion only slightly diminished. II at all. and
at the same time an absolute stagnation in
buying Steel makers. while not overrun
with orders. are stiil behind in deliveries
and look upon the lull In inquiries on cur
tain lines as seasouable. They report ak
ceIlent business in rails structural steel
and plates. This seems to apply also to the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-08

Dick Bros. & Co. say: 1.-The stock mar
ket continues to show real strength, and
while 1t is at present somewhat irregular,
it should be kept in mind that after the adj
vance which stocks have had during the
pas. fortnight irregularity Is only natural.
We think stocks picked up on all fair re-
cessons will show profits"
The Florida star., 1905-05-26
SENATE EXTENDS TTMK.

Capt Geo. G. Gleason, ofS ~. Augustine,
superintendent Of the operations being
conducted by the Florida Fact Coaz, Line
Canal and Transportation company, ~As
in Titusville last Friday and Saturday for
the puTpose Of securing the endorsement
of the Titn-ville board Of trade toward
recommending the legislature to grant
this Company An extension Of time to
complete the work ia. Th- request ~As
granted. The Sans bill extending tie
time for completing the canal Of tie Flor
ida Coast Line CANA and transportation
company pAs-sd the s-nate "Wednesday.
The Florida star., 1905-05-26

We are informed by one Of the mosa
promincni players ef tire Local team thai
the Jensen baseball team has made an
engagement 10 play the ntnsville nine as
this place on Thursday, Jane sth.
A special 20 THK STAR from Cocoa says
that she game Ai Fan GalIie Wednesday
afternoon resulted in q scoFe Of Ia for Co
Goa and for Eau Galiie. Looks like
Eau Gsilie u up against il in the base
bali business and that Cocpa had been
reinforced,
The Florida star., 1905-05-26
EvERaLADE ON WAY NORTH

TIE bossrhuai Eyrrgisd,. IN Command
OF Capt John Gardner, al" = taking tia-
Stz-si - NrW ora. arrived q jArk-1H-
vile las; Saturday. tbe EvrRlAd- s.
o1nei by Coz X NJ Ttso'pp~1n. q Ne~
York, Who to-1k he family - - LsSs-
n tie t-,AI at y,zT- I'UUug tie pat
NlLJaT Jig EsrTxiali- "a t-vn cruising u
a- VI-lIss3y u Man. and Palm E-as-h-
Capt GAr3urT rays HAT tb- ia; uasie a
remarkably quck trIP iruIu Ao-IultD Iu-
~. i-ayiuE There FRIDAY AftsTnf.ln AI
3 "a o 'cIOsk. The tsAs y -qliyI-i ~Iih
q -syeals Dur-r PoW~r EN-p.Iu- engine
and - one u tl.e nn--i ss-~r.- & Jf- kinB
at Al Flua Leon Nann 49, LAkr tic
Eserglsde 70 SOrfa.k. Va, D. lte made
The Florida star., 1905-05-26
DEATH OF C. BARNES SANDERS.

The sad news announcing the death Of
Mr.. Charles Barnes Sanders Was reccived
in Titusyiile on Saturday last. lie passed
away At 5 O'Clock Friday night al the
home Of his father. Mr.. W. r Sanders,
in IndiAnola, having been III with ty-
phOid fever and pneumonia for about two
weeks lie WAs the youngest SD, q man
Of pubIic spirit generous impusse and Po--
sezsed of that attractive personality that
made friends ~Ith everyone he ~as
only - yssrs Of sg". IL ~Ss eight year
AggO this present month that he rrsrle,i
three yo0ng ladies' from droSnInZ in the
surf at OoeAnus. and for tkIs heFnic ds--d
he wAs awarded a gold me,iI He Wa=
. member of tue BAptist church and his
death u q great sIss to tlse oDunIy anil q
greater one - the community IN WhICis
be lived. tie = sarvived by hIs parents.
tao brothers and t~o sisters. William
Z Sanders, Of hans4s CITY, No james
r Sanders. of Miami, FiA.. Mis- Anoe
Sanders, and Mrs- I'T William : Gram
ling. Of Miami
The faneFai service "a hsid sunday
morning BY Pastor HowATd T. Gibbons.
AMI the intesDenG Ma mA.i- a. Tie
CUursenAy-iHis&Eala cemetery.