davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29
Prices Held Well Despite
Heavy Profit Taking Sales.
FEW NEW HIGH RECORDS
THE ENTIRE RAILWAY LIST WAS
VERY FIRM,
Although Many Traders Elected to
Convert Paper Profits Into Cash
The Bank Statement.

NEW YORK. July Notwithstanding
that heavy proft-taking sales were con-
Quoted i'll this mornings stock market.
prices were exceedingly well held and sew
eral securities advanced to new high records
of value. As was the case yesterday, Lack
awanna was conspicuous in the rising
movement. that stock making character
istic advance. Aside from the reports
Gently circulated that some form of capital
readjus tment was in contemplation. there
was nothing to be brought out In connec-
ton with the really sensational movement
In the stock.
The entire railway list was very firm, al
though naturally. after a week of continu-
Gus advances. many large traders elected to
convert their paper profits into cash. Price
movements in the Industrial and mlscella-
neous stocks and in the local traction shares
colncided with those in the railway list. Yhe
United States Steel stocks continued very
steady on large transa CtiouS and smart ad
vauces took place in Allis Chalmers, United
States Rubber and the other southern iron
stocks and in General Electric.
Outside Interest Awakened.
The dealings showed, the
during the past few days, that there has
taken place a pronounced increase in out
side interest in the market. and. in fact,
commission houses were more busly
gagged than they have been for several
weeks past. American stocks were firm in
the London market In common with the
other departments there. and foreign houses
were liberal buyers in the local dealings.
Weather advices from the grain belt were
altogether satisfactory. and the weekly re-
ports of the mercantile agencies indicated
no abatement in The Industrial activity of
the country. Favorable expectations were
entertained regarding the weekly bank
statement. and these might be named also
additional factor in the markets pro-
nCunCed strength.
The Bank Statement.
The bank statement showed another very
large increase in loans. the amount report
ed being SIS. 10000. This change undoubt-
edy resulted in very low rates which have
prevailed for money on CALL this having the
effect Of forcing the transfer of loans from
the trust companies and other lenders into
the reserve-holding banks The cash item
showed the Unexpectedly large increase of
flow of currency to this center has been
upon an unsupported scale. The changes in
the loan and cash Items were fairly well re-
fecred in the deposit account. which in
creased S-s2.3i6.OOD.
In consequence Of the other alterations
surplus reserves increased $356,0DD. and the
banks now hold S15.3U5, 900 in excess of the
lawful requirements. Surplus reserves in
the corresponding week of last year were
So19SouDu. in 1893 S24.060.OoO and in 1902
SIS, lbs 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29
Today's Government Receipts.

National bank notes received today for
redemption. S9S1 O15: government receipts
from internal revenue. $S44 ,92S; customs.
81, ga G24: miscellaneous, SO, 163 eXpend-
lures 81, 400 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29
New York Stock Market.

Furnished by ". b. Hibbs & Co. bankers
and brokers. 1919 + street. members New
York stock exchange, Washington stock
exchange and Chicago board Of trade
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29

Bar silver, steady. p 3-l6d per ounce.
Money. fAala, per cent.
The rate OF discount in the open market for short
bills Is ! 1l-i6 Per cent.
The OF discount In the open market for three
months bills Is i%i per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29

C. Schumacher & Co. say Of the foreign
exchange market: I'VE are told that the
decline in rates was caused by lack of de-
mand and a rather liberal supply of cotton
bills for this season of the year, which no
doubt is true. On the other hand, we are
told that the advance was due to sharp
Inquiries for cable transfers on London in
connection with the bimonthly settlement.
At any rate, ii seems that foreign exchange
at this time is easily influenced way
or the other as there is very little business
doing
Futures during the pronounced weakness
of the market for spot remained quite
steady and there Is still large inquiry
for bills for October delivery to cover
ninety-day bills which being drawn
now, but we find, generally speaking, that
bankers unwilling to pay the very high
rates which could have been made about
two weeks ago"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-29

Atwood Violett &. Co. saw In their week
ly market letter: I'VE are in year of
plenty, crops are abundant money easy,
railroad traffic large, activity great in gen
eral business. gold production increasing
and immigration into this country exceeds
all records this year. The food of new re-
cruits to the wealth and hrawn of the coun-
try aids in the development of the resources
OF the land. We see no cause for serious
setback to the market
The Saint Paul globe., 1905-02-08
FOLK ON NEW TACK
Missouri Governor Out to Get
the Pool Sellers

JEFFERSON CITY. No. Feb. Gov.
Joseph w. Folk today forwarded to both
houses of the legislature a special mes
sage dealing chiefly with legislation af-
fecting the proposed repeal of the breed
eTs' law. which licenses bookmakers to
sell pools in certain enclosures, the fee
going to the support of the state fair.
Gov. Folk urges the amendment of the
breeders law so as to eliminate the Ii
cenSing of gambling by the state. THE
breeders law" Gov. Folk stated in his
message, enacted in 1899. fOrbids under
penalties, the selling of pools on horse
races, except within certain enclosures,
and ii Is a good law as far as IL goes
but 1t does not go far enough. If pool
selling is an evil thing it should not be
permitted at all
Stripped of its useless verbiage this
act levies tribute upon gambling upon the
results of horse racing; in this respect it
Is indefensible from. any moral standpoint
II 1t be argued that men will gamble
and that he state might as we'll profit by
their lust for the game it could with
equal force be argued that men will kill
and therefore the state should license
murder in certain forms and in certai in
places so as TO profit by this weakness of
mankind
This is not the demand of a frenzied
morality, but of a sound and healthy pub
lie sentiment. 1t must be kept in mind
law in its entirety would allow pool rooms
to run unrestTained. as there was previous
to the law no statute prohibiting them
L recommend. therefore that the law be
amended by striking out the license fea-
ture.'
The Saint Paul globe., 1905-02-08
STANDARD OIL AND
STOLEN LETTER MIX
Charges of Legislative Corruption Are
Being Looked Into

CHARLESTON, w. Va. Feb. =
John Worthington and United States
Marshal Elliott today appeared before
the West Virginia legislative commit
Tee investigating the charges made by
Elliott in his letter to Worthington of
alleged Standard oil corruption. The
princip pal mystery just now is as to the
method by which the letter was ex-
tracted from Elliott's possession before
Worthlnston received it. Elliott could
throw no light on the subject. The
Elliott letter. containing views of Eli
ott on the position of each legislator.
his attitude toward pending oil and
gas legislation. was delivered to the
committee. Governor elect Dawson.
Secretary of State Swisher and Attor-
ney General-elect Clark May are mem
toned In the letter as opposing the
measure.
c. ID. Elliott, author of the letter. on
the stand, admitted writing the letter
and said he placed it in his grip When
ne left Charleston the morning after
writing the letter. he opened his grin
and found that the letter had been
stolen. Elliott denied that he was en-
ployed by the Standard OIL company
10 hight the oil and gas legislation.
John Worthington. Standard Oil
agent, followed Elliott. He said he was
an employe of the South Pennsylvania
Oil company and was fighting the bill
in the interest of the Hope Gas COM
pany- He said he had no knowledge
that the South Pennsylvania company
was affiliated with the Standard oil
company, except that friendly relations
existed between the two companies.
He denied having made an improper
use of money.
The Saint Paul globe., 1905-02-08
WIRE TAPPERS GET
ROLL FROM VICTIM
CreduIous German Plays Old
Stone With the Usual
Result

NEW YORK.'Feb. 7.-On the allegation
that he had been fieeced out OF $50 900
by pretended wire tapping scheme, John
+. Felix has caused the arrest OF Frederick
Williams, and the police are searching for
two other men whom Felix charges with
being concerned IN the scheme. Felix is a
German and a dealer in musical instru-
ments. He says that since he came from
Germany last June he has lost $50. 900 by
playing roulette.
Lately he said stranger who pretend
ed to have met him In a gambling estab-
liShment came TO him with an offer TO en-
able him to recoup his losses by a tip
on the New Orleans horse races. to be
secured by wire tapping. With two 9TH
ers, one OF whom. Felix alleges. was
Williams. the stranger took Felix to the
otflceS of reputable firm OF bankers in a
hotel after business hours. when the firm
leaves its Office open for the convenience
OF patrons. and induced Felix 10 bet $50.
600 on Old Stone TO win at New Orleans.
The trio Of strangers disappeared with the
$50. 900.
Police Commissioner MeAdoo said to-
day that the police department was hav-
ing great deal of difficulty in breaking
up the wiretapping games. "as the vic
tim is willing TO enter into a conspiracy
under the Illusion that he is going 10
cheat someone else by making bets on
the races with advanced information. The
district attorneys office informs me that
these men. under the circumstances. can
not be held. as the victim himself is par
ticeps criminis and voluntarily parts with
his money for an alleged unlawful pur-
pose"
The commissioner attributed the opera
tion of the scheme TO the owners of a
gambling house. which had lately been
compelled to close. and-said that the vic
tim was first taken TO pretended branch
office of a telegraph company, where there
We're many instruments and operators
and where racing information was being
given out in loud tones. He was then
taken to one of the leading Broadway
hotels where he received by telephone
what purported to be advance infOTma-
ton OF the results of the horse races.
Next he was conducted to the Office OF a
prominent and reputable firm of bankers
where about twenty-five men were plac-
ing bets apparently on the races and the
pretended results at New Orleans We're
being announced. When Felix was con-
vinced that he was receiving a telephone
announcement of the winners while bets
were still being placed in the banker 5
Office he was induced to wager his $780,,
600 on one race.
The Saint Paul globe., 1905-02-08
EXTENSIVE TRIP IS
PLANNED FOR EDITORS
Executive Committee of National Asso-
citation Sets Up the Pins

INDIANAPOLIS, Ind, Feb. MEM
bers of the executive committee of the
National Editorial association, to the
number of about fifty. met in this city
today and made partial arrangements
for the annual national convention, to
be held at Guthrie. Okla, June 6-S,
and for the extensive trip through the
West at the close of the convention.
Delegates and members OF the ma
tonal association, with their families.
will meet in st. Louis on June 4, and
leaves for Guthrie on the evening of
the same day in special trains. On
June the convention party will go on
to San Francisco and then to Portland,
Or. to visit the Lewis and Clark ex-
position. The return trip will be
through Salt Lake City. Denver and
Kansas City. The trip will cover three
weeks
The Saint Paul globe., 1905-02-08

showed clearly the stand of the Sixth
ward In the matter. The resolutions
follow:
The Resolutions Adopted
Whereas. In the suit pending in the
United States circuit court between the
city of ST. Paul, the company has secured
a decision in its favor which in effect
confirms its claim to lay and extend its
stree. car tracks upon nearly all of the
the common council. and relieves the
company from payment Of the gross earn
lngs tax OF . per cent. which the present
ShaIter OF tnlS city requires IL to pay; and
Whereas, The city railway company has
refused TO pay said gross earnings tax.
amounting now TO over $50. 900 annually,
ana which VIII continue to increase or
make any adequate return to the city for
the valuable privilege OF extending its
tracks u cs upon practically all of the streets
Whereas, If the city does not appeal
said case, and said decision thereby be-
comes nnal. the company offers a pur-
ported compromise. which. if accepted
would not yield any revenue TO the CITY
but which would be solely for its own adj
vantage; providing as IL does for exten-
Sa,Ils Sions and improvements which the COM
pdny would In any event make in its own
interest In the near future: and
whereas, If said decision is not appeal
go from the city Will lose in taxes at least
S4OOe. 600. and we are informed that in the
decision or said court il was stated that
d an appeal would undoubtedly be taken
anyway; a speedy decision was of more
Ndiue tnan decision rendered after an
exhaustive examination of the authOritieS
and. we are informed that the citv attor-
ney iy advises the taking OF an appeal:
Resolved. That we hereby express our
appToVal OF the action of the city attorney
IA advising an appeal. and that we re-
specuuily request the influence and vote
of the representatives from this ward in
the city council in favor of such appeal.
The Saint Paul globe., 1905-02-08
DIRECTORS PICKED
New Jockey Club Gets Ready
to Do Business

NEW ORLEANS. La. Feb. AT the
adjourned meeting OF the American Turf
association held today the election of the
board Of directors was held and that body
will be made up as follows:
Ed Corrigan, representing Hawthorne:
DR.. +. S. Gardner. representing Kansas
City; NJ j.. Winn. representing Louisville
Jockey club; Joseph L. Rhinick, repre-
senting the New Orleans Jockey club;
May Oyerton. representing the Tennessee
Breeders association, Nashville; G. a.
Scott. representing lexington: II. Dew
eraux. representing Essex Park. Hot
Springs. Union Park, st. Louis, Is as yet
not represented on the board, but a MEM
ber from that track will be selected later.
The executive committee which will
pass upon all matters not directly neces-
sary for the attention of the board of ap-
peals will be composed OF five members,
the president and vice president to be ex-
offlcio members. w. o. Farmer was elect
ed to the committee and the other two
members VIII be selected at the next
meeting.
The committee appointed to invite Capt
S. S. Brown, Julius Fleischmann and 7.
c. Mcdowell TO act as the board OF ap-
peals reported the acceptances Of the
gentlemen named and II was ordered that
they be notified OF their appointment.
In the matter OF jockeys, trainers Wallets
the rates were fixed as follows: Jockeys,
s.. and registration OF colors, 50.
1t was also announced that all licenses
issued by other clubs prior to Feb. l this
year would be recognized for this year.
F. H BruIell replied for T. 3. Crom-
well, declining the appointment Of sec
retary Of the American Turf association.
Mr.. Corrigan was appointed committee
OF one to select a capable man for the
position of secretary.
The meeting of the New Orleans Jockey
club. beginning Feb. IL, will be conducted
under the rules of the old turf congress
of 1901 with the track rules and amend
ments necessary to cover the requirements
of the situation. No list Of dates was made
This matter has been postponed until the
final meeting here, probably on Monday.
The Saint Paul globe., 1905-02-08
THREE PlAY[RSLEFT
TO FINISH TOURNEY
COnkiin, Gardner and Slgour.
ney VIII Battle for Cham.
pionship

CHICAGO. Feb. 7.-Charles E. Conklin-
OF Chicago; Edward Gardner. OF New
York. and w. II. SigOurney are the play-
ers left in the amateur billiard tourna-
ment who will fight out the final games
Tor first honors. All the other entries in
the tournament have finished their games
and the three players who head the win
ming column will. il Is expected finish
up the schedule by Thursday night Gard
ner and Conklin are now tied for first
place. each having won four games. with
and lost one. Gardner lost his first game
in the tournament. but this match does
not count His opponent in that game
was Edward c. Rein. one OF the local
players who on account of his failure 10
appear last night for his game scheduled
With Stark. was declared out OF the tour
nament today by the committee in charge
of the games.
Rein's elimination from the tournament
affected the standing of Conklin. Sigour-
ney and Schmitt. as well as Gardner But
in the case OF the latter three il worked
as a hardship instead OF benefit. as they
had won their matches against Rein.
Conklin. who headed the winning list
last night. was compelled TO win his
game tonight against Schmitt TO get on
an even basis with Gardner This was an
easy matter for the local man as Schmitt
played a decidedly weak game. the final
score being 800 TO lis in favor of COnk-
lin. Conkiin's play also was not up to his
standard, his highest run being but "a
and his average 1911 Schmitt scored a
81 for his high mark ana average l4-4l-
In the afternoon game Charles Norris.
Of New York defeated Charles s. Schmitt
of Racine by the score OF 300 to 100.
Both men played exceptionally well. max
ing runs in double figures for the first
twenty innings Marris made a high run
of 3S and his average was 2S-54.
Schmitt's high run was SO and his aver
age > 20-34.
champion lost his first game so far in
the tournament this evening. His oppo-
nent was Charles Threshie. OF Boston.
The fiHl score was 300 TO 20! In favor OF
the Boston player. Threshie's play was
the best ne has shown so far in the tour
nament and he steadily drew ahead OF
Sigourney from the start Sigourney Tell
down on several easy shots and played a
rather weak game all through the match
Threshie's high run was 43 and his aver
age Z 34-3S. The best run Sigourney Sc
cured was a 30 and his average was
5 22-37. The following is the standing OF
fha rAlaNnrS.
The Saint Paul globe., 1905-02-08
Ryan Placed on Trial

ST. LOUIS, Mo. Feb. John J. Ryan.
who gained considerable notoriety through
his connection with an alleged get rich
quick" turf investment company. was to-
day placed on trial in the st. Louis cir
cult court under an Indictment charging
him with the embezzlement of $500 600 by
nesses are three women residents of St
Louis. each of whom declares that she
was an investor in >Ryan's scheme RYAN
expresses confidence in the outcome of the
trial. saying that the case should have
been thrown out of court long ago as
there is nothing to it,
The Saint Paul globe., 1905-02-08

ES THE WORLD OF SPORT ~
SKATERS ARE READY
Thomson and Anderson VIII
Meet on Ice Tonight

The interstate skating championship OF
Minnesota and Illinois will be decided to-
night at the downtown ball park rink.
Thorwald Thomson, the Minneapolis
crack, and his challenger. Adolph c. G.
Anderson, of Chicago. were out limbering
up yesterday. but neither exerted much
effort to show just how good he was.
A large delegation of Chicago rooters
will be present TO lend encoura cement TO
their man. and the Minnesota contin-
gent is said to be waiting for them with
one hand on their pocketbooks.
A great deal of interest is being taken
in the match in Chicago as well as St
Paul, and it is expected that a large crowd
The Saint Paul globe., 1905-02-08

eliminate Arizona from the bill and to
make one state out of New Mexico and
ahother out of Oklahoma and Indian
territory In this form the bin nassed.
Inc defeat of the Bard amendment
IN tne senate after il had been adontad
IN the committee of the whole gave
/ rise 10 interesting incidents. Mr.. Bailey
ihIiInated that there had been trade"
regarding the adoption of an amend
Utah. "
North Dakotan Tries His Hand
MI McCumber proposed as a, sltb-,
stitute for the provision adnitfine .
state composed of Oklahoma and IN
ulan territory. an amendment admit
tlng Oklahoma alone as a state Mr.
McCumber supported the substitutes
ana Mr. Beveridge made an earnest
plea against it, saying that it strikes
at tne entire measure and deprives the
people OF Indian territory of the re-
lief they so much need. MIR. Bailey and
MT. Bate spoke for the amendment IT
was defeated, 45 to 32.
Mr.. Berry suggested an amendment.
winch was agreed to. providing that
nothing in the act admitting Oklahoma
Snali De construed as prohibiting the
esIaohshment of separate white and
colored schools.
OiNldeS Arizona
An amendment was proposed by Mr..
kearns, providing that all that norton
or Arizona lying north of the Colorado
river shall be annexed to Utah. Mr..
beVer1dge, on behalf of the committee.
Indicated a willingness to accent the
amendment. but the chair asked if the
yeas and nays were desired Several
senators indicated a desire to that end
and Mr.. Bailey said:
Before that trade is consumlnateG
We certainly want the yeas and nays"
Mr. Beveridge responded that the
provision had been offered early in the
session and had been printed. The
ayes and nays were ordered. and the
amendment was accepted, SS to SS.
The Mormon question also received
an airing during the day While the
provision for the separate admission of
New Mexico was under considerable
Mr. Burrows, chairman of the commit
tee on privileges and elections. an
nouncec his opposition to the bin and
stated it was due TO the practice of
polygamy in that territory TO such an
extent that he considered it unwise to
take the administration away from the
federal authorities. Mr.. Dubois. Mr..
McComas and Mr.. Platt (Conn) re-
ferred to the question OF polygamy and
TO the revelations before the commit
tee. The bill originated in the house
and VIII go to conference.
The Saint Paul globe., 1905-02-08
Yeager Is Found

NEW YORK, Feb. Information
was received from the police of Phila-
delphia today that they had arrested
Walter ID. Yeager, a former employe
of Julius Calm, manager of a theatrical
company in this city. Calm charges
Yeager with the larceny of more than
$4,000 by means of false entries in
books, forged checks and other meth
DDS. Yeager disappeared two weeks
ago
The Saint Paul globe., 1905-02-08
JEROME WILL KEEP
ON WITH CRUSADE
District Attorney Says He VIII Continue
War On Poolrooms

NEW YORK. Feb. 7.-District. Attorney
Jerome said today that he had begun a
crusade against poolrooms in this city
and intended to close all of them. He
said the majority of the principal men in
the Illegal business had left the state and
that one man, supposed to be the capital
ist back of big chain 6 betting rooms.
had gone to Europe to avoid service of a
subpoena calling on him 10 testify before
the grand jury. The district attorney de-
clared. however. that he would summon
men who had placed bets and believed
that in this way he could obtain evidence
enough to call for indictments against
the leaders in the game.
The Saint Paul globe., 1905-02-08
Builders Supply Men Meet

CLEVELAND. Ohio. Feb. Z. - The
sixth annual convention OF the National
Builders Supply associa ton began here
today with $50 delegates present The
principal business today was affiliation
with the information bureau of the
Retail Lumber Dealers association, of
Southern and Western states. thus Civ
ing the National Builders Supply as
sociation entrance in that territory.
The Saint Paul globe., 1905-02-08
Territories Wild With Deliobt

OKLAHOMA CITY, Okla, Feb T.
The announcement that the senate had
passed the statehood bill, providing for
joint admission of Oklahoma and In
dian territory, is creating great en-
thusiasm in both territories. Public
demonstrations of rejoicing are taking
place all over both territories tonight.