davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
MOVEMENTS OF LINERS.

ginian, Glasgow: citta pi Messina. Patras
Dover: Minneapolis. London. Umbria: Queenstown
and Liverpool; st. Paul Plymouth. Gherbourg and
La Gascogne, Havre Finland, Antwerp. via Dover;
IIvERPooL. September se-saileda Steamer I'm In
mington; Campania, New York, via Queenstown;
George. New York. sailed-Steamers Cevic, New
ouEENsTowN. September ~saiIed-steamers
CmyrIc from Liverpool, Boston; Cedric drom
SOUTHAMPTON, September ao.-sailed- steam-
er st. -, Louis Me- New York, via oher I
Bretagne, New York ADVERTISEMENT Hudson,
ANTwERP, September so-sailed-steamer
ROTTERDAM, September 30-Sailed- Steamer
potsdam. New York. via Boulogne. Arrived
Holtke. New York.
seenr via g.
PANAMA, September 29.-Arrived-steam er Wy
SHIELDS. September 2s.-sailed-steamer Aral
BELFAST. September observation-disclosures Lord
BOSTON, September NEUTRALITY-SUSPICIOUS. Re-
public, Liverpool and Queenstown.
Mera, Hamburg etc, for Seattle
manic Boss0n s via GsraItar and Naples
NAPLES, September 2e-sailed-Steamer GallIa
TRIESTE. September es.-sailed-steamer re-
resa. New York and Philadelphia.
helmina. Wilmington. N. G., and Gulfport
sTETTIN, September observation-disclosures Stan
da PRAWhE PfoiNr September 2o-passed-
Steamer philadelphia for Antwerp:
LIZARD, September 3o;-Passed-Steamer Sella-
burg
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01

ranged between S2H and SAN. Closing out
Of numerous small lines OF wheat for Sep
TENDER delivery was a feature Of trading.
News Of the day was almost entirely IA
Receipts in the northwest were heavy, and
the price of cash wheat at Minneapolis was
of about &c.
Arrivals today at Minneapolis and Du-
luth were 1,115 cars, against 1909 cars a
year ago. The movement Of the crop in
the northwest is said to be retarded by a
scarcity OF cars, report from Minneapolis
claiming that arrivals Of wheat at that
point alone would be 1850 to 1900 cars a
day II the railroads could furnish necessary
equipment to handle the grain, In add
ton to the heavy movement In the north
west. today at all primary points in the
United States showed huge increase, total
arrivals being 100000 bushels, compared
with 100000 bushels the corresponding day
a year ago.
At the opening December was off Y to
&c, at SAY to S44s. During the first half
hour the price made further decline to
S3N. At that point the market was stead
led by temporary support from leading
bull. Following subsequent Withdrawals OF
that support, the market became still
weaker, December dropping to S3Ha83ss.
Fart OF the loss was regained on covering
by shorts, September delivery showing the
greatest reaction.
December at S31x. September closed at
S5Ac. Clearances of wheat and Hour were
equal to 272,OOO bushels. Minneapolis Du-
luth ard Chicago reported receipts of l. 1876
cars against LOSS cars last week and /, 100
cars year ago. Considering the sharp
break In wheat the corn market held re-
markahly steady, although prices showed
slight losses. Local receipts were small,
out the total primary movement was % per
cent In excess of that of the correspond
Ing day year ago.
A carload Of new corn was received In
Chicago today from Central Illinois, but
charitable. Several leading commission
houses were liberal sellers. Lower prices
at Liverpool aided the bears. The market
closed steady. December opened unchanged
to Mc. lower, at 1875 to A, sold off to AN,
and closed at 43%. Local receipts were
266 cars, with 119 of contract grade
The oats market was affected to some ex-
tent by the slump in wheat. The market
however, was held comparatively steady by
the purchasing of nearly 100000 bushels
or May oats by leading commission house
Liberal receipts tended to produce bearish
sentiment. December opened shade
lower, at 2s1sc.. sold off to 27Mc. and closed
al 2Sc. Local receipts were 337 cars.
september pork the provision market was
steady. A few lots of September pork were
wanted. but no offerings developed until the
prospective purchaser had bid up the price
55c. barrel. In general trading was very
quiet. At the close January pork was Off
DC. at S12.311s Lard was down 21aa5c at
$6I1aa$66S. Ribs were &c. lower, at
s6.471a.
Estimated receipts for Monday: Wheat,
oil cars; corn, az cars; oats. 400 cars;
hogs. 10000 head
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
TIE UNDERWRITING INDUSTRY
Why It is Not Now Active-Big and
Little Bond Issues.
From the New fork Evening poss.

From the New fork Evening Post
The underwriting industry in Wall street
Is just now languishing-a fact of some In
teresf. In view OF the money market situa-
ton. There has not been new offer OF
any size since the second series Japanese
AZ per cent loan was offered two months
ago. The $50 100000 of Western Pacific 8
per cent bonds, 81. 100000 OF Colorado and
Southern bonds, and few other issues.
which were underwritten In the end of the
last fiscal year, are still held In allegiance.
Wall streets underwriting industry Is
largely in the hands Of six or seven large
firms. One group OF bankers has had
charge of the Pennsylvania, Baltimore and
Ohio, Union Pacific and Southern Pacific
financing, besides bringing out the Japa-
nese bonds Another group has been iden-
titled with the Vanderbilt financing and
the Hill financing. generally in cooperation
with one or two large London houses. Still
another group has acted as fiscal agents OF
the Southern Pacific, and underwriters of
the Rock Island and various foreign loans.
Two other houses, with recently organ
lied firm, frequently cooperate in the
financing of various smaller issues and have
lately taken the Western Pacific and other
Gould issues.
The industrial and the smaller bond Is
sues of various sorts are scattered among
dozens of houses that do both a wholesale
and retail business in bonds. The bigger
houses generally decline to take very small
issues of bonds though some have this last
year brought out few issues of not more
than 81 100000. Little offerings of $780, fD
or less find more trouble in getting placed
through Wall street houses than do issues
of big companies running up to $10O,O00,000
Below 100000, the smaller the issue the
harder 1t is to find market with the bang
ers. recent issue of low-rate bonds by
the Illinois Central amounting to less tnan
$5,O00,000, took longer to sell than did
later issue of 81, 600 bonds of the same
company through the same house.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
The London Market
Special cablegram to The Star.

Special Cablegram to The Star.
LONDON, September 3O.-The stock mar
kets this week have been In a rLther dis
turbed state, their movements rejecting
largely the conditions Of the money mar
ket. In the early part of the week great
uncertainty prevailed as to what the Bank
of England would do about the official loan
rate, and this uncertainty had decidedly
depressing effect upon the stock exchange.
The rate having Leen fixed at 4 per cent,
the question Of the closing days of the
week has been, What is likely to be the eff
feet upon the various classes of securities
this market deals In? Nobody questions
the wisdom of the bank In putting up the
rate, as the reserve Is FIVE millions less
than 1t was a year ago, and is now only
40 per cent of the liabilities. whereas last
year the percentage was SIN.
Furthermore, 1t is felt that there is a
strong likelihood OF heavy Withdrawals of
gold for America. The general view is that
the banks action will tend to restrict BUSH
ness and affect price levels somewhat adj
versely. There seems to be no doubt that
this VIII be the case with consols and
other gilt-edged stocks.
Consols are lower than last week; SO are
about all other home and colonial govern
ment securities. Foreign governments are
not much changed from last week. They
closed fairly firm, strengthened appreciably
by the publication of the Angio-Japa
treaty. British rails held up quite well
the traffic returns again showing good list
of modern Increase, the effect of which has
been to support the theory that sustained
Improvement in business is In progress
The Americans do not make very good
showing In the table of closing quotations.
there having been no news from New York
TO eounserbalance the monetary inftuences
prevailing In London. The Kaffir circus
mas experienced another of its discourage
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
EMBARRASSMENT OF PROFITS.
Railroads in spanish-America Which
Find Their capitalization Too Low.

c1nd Inetr CAPITALIZATION Zoo Low.
From the New York Evening Post.
Reorganizations because company is
under-capitaliZed are sufficiently rare to
give some interest to case under discus
sion in England The case Is that Of the
Autofogasta railway, an Engiish-owned rail-
road in Chile and Bolivia. This company
appears to find itself in the same situation
that the Chicago Great Western did some
years ago. For the year 1904 it paid divi-
dends of 10 per cent on its ordinary stock,
and profits thus far this year are said to
have been still higher. The last annual
report remarked that "it is clear that the
real value of the undertaking is not ade-
quately represented by the present capital
of the company" and 1t is now proposed to
carry out some Encouragement by the aid
of an act of parliament, as trouble Is feared
if higher dividends are paid on the present
capital.
A similar state of affairs is beginning to
arise in the case of the United Railways
over IS per cent on their ordinary stock in
tine have also been in position to pay high
dividends. but have restricted themselves to
Z per cent as matter of policy. Contrast
ed with this condition among some of the
railroads in new countries 1t is interesting
Ito note that although parliament passed in
1874 an act providing that roads in Great
Britain securing profits above 10 per cent
are liable to have their rates revised the &C.
casion has never arisen, according to the
London Financial Times, for this provision
to take effect
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
New York Mining Stocks
WHEAT MARKET WEAK.
General Liquidation in the Chicago
Pit

CHICAGO. September 30.-General iiqui-
dalton in the wheat pit resulted today from
heavy forward movements of the new crop
In consequence the December option closed
&c of. Other staples showed fractional
losses-corn Nc. oats Aahc. aHd provisions
2h to &c.
The wheat market was decidedly weak
throughout the session. From the start
the market was subjected to much selling
pressure2 The greatest weakness was man
Tested IL the September option, which
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
Yale Subs. Hold VARSITY.

NEW HAVEN, Conn. September s0.-The
Yale first eleven and first substitute eleven
played practice game this afternoon in
which neither side was able to score
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01

Boarder-"Look here, you told me IL
took that room I'd sleep like top. I was
turning all night"
Landlady-"wea. don't tops turny'-chi-
cago News.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01

over Morocco, an the European bankers. On
that occasion We underestimated the mar
ket effect, and paid the price to the
shrewder judges abroad. Such great HOUSES
as the Rothschilds or the semi-politicai
banks In Paris have exceptional means for
getting political information and for get
ting 1t quickly. Their judgment of its in
huenee on the money market is usually
sound. Our market follows their lead as
rule, although the momentary speculation
here may make the traders here little re-
bellious at first.
This Is why so much turns at present
upon the European money markets. When
the Bank of England rate Is advanced at
this time of the year 1t means. sooner or
later, tighter money here. 1t will be seen
that we have often really to go abroad to
get information about our own market. 1t
Will be noticed, for instance, that announce
ments OF new bond issues are few and far
between at present. There u.s. in fact, not
much loose money about to buy bonds with,
ana every bond issue of any size depends
largely upon the foreign demand, which is
q very considerable factor. Foreign hold
ings of our stocks have enormously de-
creased, but it is practically certain that
our bonds are more largely held abroad
than they ever were before.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01

cent, while the rs declined " and the 3s
u per cent on call on the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
FINANCIAL.
DIVIDEND

PAYING MINING, OIL. TIMBER, SHELTER
AND INDUSTRIAL STOCKS making possible
LARGE INTEREST and PROFITS listed and
unlisted, our speciality. Booklets giving fun In
formation mailed free on application.
DOUGLAS, LACEY 81 CO.
Bankers & Brokers, &C Broadway, New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01

I make a feature of negotiating
loans on D. of c. Real Estate, and
can put through a loan for any de-
sired sum without delay. Plenty of
money available now in sums TO suit.
lie Roy Mark, 1910 G St:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
THE INSIDE OF
WALL STREET
BIZ EDWIN LEFEvRE,

Time was. and not so long ago either,
when London was the best market for
American railroad stocks. The change In
this respect In the past six years has been
enormous. Foreign markets are stil1 q
very important factor In our trading. but
they used to dominate 1t at one time. Moth
ing really shows the enormous progress
made by this country in the past few years,
say from the termination Of the Spanish
war, more than the way in which Europe
has sold back to US our own securities. The
foreign holders upon the whole have realiz-
ed very fair prices. particularly those who
refused to be shaken out In the last reor-
ganization period round about 1893.
Foreign holders, however. do make some
mistakes, and, like the rest of the confid-
Ing public, are very apt to come in at the
top of a bull movement only to find them
selves left high and dry after the tide has
receded. They were peculiarly unfortunate
in the great movement Of 1901 which carried
Northern Pacific up to the miracle price of
81 600 share. 1t is doubtful If any foreign
holdings worth mentioning were left after
the stock crossed so, on the first advance
before the inauguration of President Nc
Kinley. In the same way London misread
the extent of the boom at that time taking
the panic of May 8, 1901, as the end of the
upward movement, which as a matter of
fact did not eliminate until late in Septem-
Der Of the following year.
+
1t Is certainly not more than ten years
ago that London owned the controlling in
terest in Pennsylvania. How times have
changed, to be sure. The idea Of anybody
but one Of a somewhat contracted ring Of
great railroad financiers holding the control
of anything worth having seems almost in
conceivable nowadays. And yet the pur-
chases directed to securing the control Of
Ontario and Western were very largely
made on the other side OF the wafer, not
much more than q year ago. It Is likely
that the Dutch stockholders really do die
tate the policy Of Missouri, Kansas and
Texas and unless some very positive claims
go for nothing they are large holders OF
Denver common and possibly the largest
single interest in Kansas City Southern.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
Absorbed by the subtreasury.

The subtreasury is taking very large
sums from the New York money market.
principally In the form of customs pay
ments, which the large importation OF
merchandise makes unusually heavy. The
resumption of government refunding opera
lions announced on Wednesday is calcu-
lated to offer only a slight relief to the
drain of revenue payments. Heavy cur
rency shipments from Chicago to tbs agri-
cultural sections have been resumed and
the decline OF the New York exchange rate
at Chicago gives warning of correspond
ing demand upon New York from that
point Next week the payment OF New
York taxes will call for many millions of
dollars, and previous experience shows that
this is not without effect on the money
market.
Beyond is the Japanese loan subscription
on October Ii, which It is estimated will
call for some s30.O00.000 The conviction
has grown up that nothing like an early
return of ease In the money market is TO
be looked for and spectators dread the
possibilities of hurrles In the call money
market. such as almost invariably bring a
spilliug out of stocks IN hasty liquidation.
The consideration of the money outlook
has been to the practical exclusion of all
others In the stock market. The undeyiat-
Ing character OF reports OF business Indus
trial and agricultural prosperity, however
has been an underlying influence and has
constituted passive power OF resistance
10 the depressing influence OF the growing
construction OF the money market
Bonds have been dull and only slightly
affected by the heavy tone OF stocks.
United states old As advanced q per
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-01
Special Correspondence of The Star.

Mr.. Frick himself is said to have suspend
ed plans for large buildings because he
knew 1t would be impossible for him to get
his iron and steel for many months to
come. In some quarters this action of Mr..
Frick was construed as meaning that he
expected to get his structursl material at
lower figures by waiting. and some of the
bears in Wall street promptly sold steel
stock on that theory. 1t would do the
trade no harm for prices to recede some
what, for If they should the demand would
instantly increase and there could be no let
down in the volume of output The I'M
preston Is growing stronger that the iron
and steel industry viii thrive uninterrupted
ly for years to come; even should there be
a reaction in general business the present
productive capacity would be taxed to sup
piy what would be needed for renewals aud
maintenance.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28
MAKING THE
PRICE SELL THE PIANO
They Must be Sold--No Cost or Former
Price Considered--Better Investi-
gate Before It's too Late.

People are astonished at the way w,
re selling OF this beautiful stock Of
"a reliable piano makes They are
eing at prices meyer quoted before OF
as class Of instruments If you acl
oicbly you can have choice Of several
+ the worlds most famous piano
,akes al about half regular prices
When we accepted the western
holesale factory distributing ageno,
pr the Kimban Co. we did go with the
understanding that all other piano
iases would De disposed of immedi
iely They must so regardless Of cost
profit
We doubt il such another opportunity
y eser present itself 1t is certain
a rare chance to get one Of the high
'ass pianos at the price Of The orii
try kind.
Prices! Well, it's hardly necessary
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28
LOT SALE ENDS THE
WARWICK PIPE DREAM.

The end Of the Monarch Investment
company's scheme TO dispose Of town
lots at Warwick, in Lincoln county.
came during the week when the lots
were disposed OF al court sale to the
people. in great part. who were pur-
chasers OF tickets from the Monarch In.
vestment company In September 1906
Tho court sale was made hy blocks and
tracts. the blocks sollsng from s. to $50
each. and the tracts at from $50 10 S77b
each The majority Of the blocks soiu
from SIS TO $50 EACH or for scarcely
enough 10 pay the court costs "a This
famous case.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28

tQ quote prices Youll have 70 see the
pianos 20 appreciate the values obtain
able IN his piano sale Suppose you
bring the better half down and let us
shew YOU how cheaply you can buy
now. II means a saving OF al least
800. Is "a worth saving?
Various standard pianos OF wen
known makes such as retail regularly
at $500. 5000 Stoo 70 $3.50 Our sale
prices TO close out are $lS2. 0l9S. $28S
% $2SC Terms So 10 $40 monthly.
Every instrument marked IN plain
figures besides the manufacturers
warranty we give you our own per
sonal guarantee of satisfaction or no
sale
No one should miss this sale ii a
piano IS needed now or IN the future.
Store open evenings
&. X. knauss Piano House.
104 West Harrison Avenue.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28
NEW POSTOFFICE OPENED
Chicago's New Building Was
Formally Opened Today.
Begun 10 Years Ago.
cBy Associated Press,

chieaeo, IIl, Oct 2s--The new post
office. which is one Of the finest in the
world, was formally opened today with
appropriate ceremonies. all of the doc
uments. records and papers being
transferred from the old building. The
moving involved the handling without
a moments delay Of 500, 600 pieces Of
first class mail and 200 tons of second,
third and fourth lass. hundreds Of thou
sands Of registered packages and a
large amount Of money The founda.
tion Of the now structure was begun
ten years ago
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28
The SECRET or YOUTH.

pesoio looked for the secre, OF youth
boz "a spring OF gushing life-gi,1ng wa
ters which hc was sure he would find
In the Sew Woru Achcmists and
sages thousands OF lheml. have spen.
their lives m quest for ID. bui d IS only
found hy those nappy people who can
digest and asslmIate. the right food
which keeps tine physical body perfect
'hat reaee and comfort ere Tie sure
results
remarkable man Of 81 says; no,
many long years / suffered more or less
With chronic costivoncss and painful m-
digestion. This oondtloa made life a
great burden 10 me, as you may well
imagine.
Two yoars ago began 70 use Grape
Nuts as food. and am thaakiu that /
did. Il has been blessing TO me in
EVERY way ] hrst noticed that had
restored my digestion This was great
gain but was nothing 10 compare in ina
portanoe with the fact that in shor,
Tine my bowels were restored 10 fres
and normal action.
i"' cure seemed 10 pe complete Tor
TWO years I have had none Of the old
trouble. use tAe Grare-Rugs food ev-
ery morning for breakfast and frequent
N eat nothing else. The use has made
me comfortable and happy. and although
win be ~ years old next fan. I have
become strong and supple again. erect
in hgure ane can walk with anybody
and enjoy H." Name given By Postum
O.. Batue Creek. AnJ, There's a
reason
Read the little book. The Road 10
weiNilie.' 10 evesy pkg
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-10-28
GREAT MEN ARRIVE
Distinguished Citizens Ar
rive in Nebraska to
Honor Morton.

Nebraska city Neb., OFT 2S.-A
number Of distinguished men have ar
rived here TO attend the unveiilng OF
the monument to the late J. Sterling
Morton in Morton grove today. Be.
sides ex-President Cleveland aad the
sons OF Mr.. Morton there are: Adlai
Stevenson of Illinois, former vice presi.
dent; Richard Olney Of Boston. former
secretary Of state; David r. Francis Of
Missouri; Hillary A. Herbert of Ala.
bama. former secretary OF the navy;
John G. Carlisle Of Kentucky. former
secretary Of the treasury, and Juison
Harmon Of Ohio. former attorney gen.
efal in Mr.. cleveland's cabinet The
guests arrived here by special train
this morning