davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
'Less lie.
Bankers. posted rates were:
DOMESTIC

DOMESTIC EXCHANGE.-New-Orl eans-Com-
mercial. 75c@s1 discount; bank 81 premium. San
Francisco-Sight, &c; telegraph. Sc. Boston-10c
discount. Chicago-15c discount. Charleston-Buy-
ing SOC discount: selling. 81 premium ST Louis
25c discount bid. 30c discount asked. Minneapolis
Zoe premium Cincinnati-10c discount. Savannah
Buying, soc discount; selling, 75c premium.
BANK CLEARINGS. = New-York = Exchanges,
1897 $50 49, balances, Sill 4J7. Observation-Disclosures
So ST 24s: balances S.790710 Chicago-Exchanges.
$50, 3S9 O10; balances $2554.2S1 Philadelphia-Ex-
changes. SCI l62,s24; balances s2S7SO71 Baltimore
Exchanges, s, sS3. 9OS: balances, s495, 2SZ
SILVER MARKET-Bar silver. 5SAc; Mexican
silver dollars 44%lc. Bar silver in London closed
at 261sc.
GOLD PREMIUM.-In Madrid. $780, Lisbon, $50
MEXICAN Observation-Disclosures exchange on
New-York is quoted at POP.
GOVERNMENT NEUTRALITY-SUSPICIOUS. receipts
reported from Washington I,e98112: internal rev.
enue receipts 1854 2s2; miscellaneous receipts $685.
557. Receipts for the day. s2O0o931; expenditures
81 600 Receipts for the month date S32 $40
expenditures. $S114000o; excess of receipts
Receipts for the fiscal year to date. $685. 643 ex-
penditures. s422 25s.s79; OF expenditures s
sA.SSs
flor to the Clearing House $l44,Sn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
OUTSIDE SECURITIES.

The market for outside securities was charac-
terized by a heavy opening. although there ap-
peared 20 be only light selling pressure AT times
there was slight upward squirt but before the
noon hour a gradual downward tendency set in
under further heavy realizing The weakness
however. was not general In spots some SHARP
upward movements were noted The volume Of
dealings light. only about half a dozen iss,as
displaying any marked animation. Northern Sc
curities opened unchanged. but gradually broke z
per cent with n slight rally The stubs ON lipht
selling pressure, fell l25 points PETERBOROUGH RAND
Transit was down per cent. international Mer-
camille Marine common declined a fraction and the
preferred II per cent Standard OH sold down s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

The Iron Age says:
From the different points of view the most inter
esting event of the week has been the sale OF
of steel bllets. the largest transaction
OF its kind for a long period. The purchaser is
the Pittsburg Steel Company, owning a large wire
mill at Monesen and bar and hoop mill at Glass
port Penn The company does not make steel. and
using as il does, about 100000 of billets per
annriIn, is the largest single consumer in the
country During the last summer the company
made the famous conversion contract with the
Republic Company which created much excite
rnent and threatened serious trouble among steel
makers but which in the end proved TO be the
start OF the steady which has since taken
place in the markets The negotiations TO which
alusion was made last week first took the form OF
a repetition OF such conversion contract, the
Pittsburg Steel Company having entered the market
for the purchase of pig iron Ultimately, however,
the negotiations have worked around 10 a plain,
straight purchase OF steel hets. for delivery dur
ing the second half OF 1906 and during the first
half of 1906 OF the total quantity, the Republic
Iron and Steel has received 5000 tons a month
OF Bessemer billets and the Carnegie Steel Com
pany 10000 tons month OF open hearth and Bes-
blllets, the greater part being AKA standard
wire billets. while certain tonnage is I1.-nch
bets for the hoop mill. for which extra price
being paid 1t ia understood that the sale Is on a
fiat price. somewhat above the market but that
no difference, has been made In the price of Bees
semer and OF open hearth steel The sale OF this
large quantity OF semi material for delivery during
as showing the confidence OF buyers and sellers in
the market. Another indication of what Is ex-
peeted Is furnished by the preparations which are
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

RAILROAD BoNDs.-Afarlzet irregular. TotaI
sales amounted in par value TO s3oO5.oco against
$4,000 on Tuesday. The heaviest dealings vera
in the Atchison general 4s Atlantic Coast Line 1s
Brooklyn Rapid Transit IS, Chicago. Burlington
snd Quincy As, Chicago, Rock Island and Pacific
railroad IS and collateral trust S. Erie general
and convertible As, Kansas City Southern &c. Mis-
souri, Kansas and Texas first 49, Pennsylvania
convertible 31ks. Reading general As San Antonio
and Arkansas Pass is. Third Avenue Is. Union Pa
cifc convertible IS. Wabash debenture Bs Wa
bash, Pittgburg Terminal irsts and Western Mary
land zs American Tobacco Is and es. Standard
Rope end Irvine incomes and United States Steel
q were also active
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

points. American Can preferred was or u per
cent American Writing Paper issues were lower
by %G% per cent. Mackay shares were quiet
the common receded q per cent. United States
Leather displayed exceptional strength
under fairly active dealings. advancing per cent.
hut near the close lost l per cent of the gain the
preferred fell off y per cent Otis Elevator COM
mon was up 3 per cent. The copper stocks showed
further recessons under moderate dealings. Bonds
we're quiet and somewhat irregular
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
MONEY AND EXCHANGE

MONEY MARKET-Money on call opened at 81.
Fer cent; highest, 3h per cent: lowest per cent;
last loan per cent; close. 8 per cent; ruling rate
3A per cent. Time money was quoted at 303H per
cent for sixty to ninety days and 31403k per cent
for four, five and six months. Commercial paper
was quoted at S2.Q4 per cent for sixty to ninety
days 4941s per cent for four to six months and
per cent for others
FOREIGN EXCHANGE-Market closed steady
Actual closing rates follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

FOREIGN MONEY NARKET.-Cau money in
London, 24G2s4 per cent. Open market discount
rate for short bills, 6-16d2ss per cent; long bills
3-1692Rl per cent Berlin discount rate. 2ss per
cent Berlin exchange London 20 marks 4s1k
pfennigs. Paris discount rate, 1M per cent Paris
exchange London, % francs 1919 confines
FQElEIGN SECURITIES. British consols for
rnon, s1A; for the account. 913s French rentes 80
frantN IS centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

neing made TO bring down the supply OF ore during
steel Gsorporation has shaped It's plans to bring
interests arranging to ship 14000C0O tons %
total OF 100000 tons. against the record OF q so con
tons in the banner year 1892
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
AMERICAN SECURITIES ABROAD.
London New-York New-York

London, March %. p m.--The market for Amer
lean securities was heavy in the greater part of
the day. Final prices follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
AMERICAN LIGHT AND TRACTION.

The American Light and Traction Company has
issued it's annual statement for the year ended
December 81 1904. The income account compares
as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
SECURITIES CLOSE LOWER.
Substantial Bag the Declaeoney Easy
Sterling Unchanged
tations were:

Closing prices yesterday Of the principal active
securities and net changes from Tuesdays quo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
LAKE ERIE AND WESTERN.

its full pamphlet report for the year ended Dece-
Der g. 1904 The income account compares as fol-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
SECURITIES AT AUCTION.

The following securities were sold yesterday a,
auction at the New-York Real Estate Salesroor
by Adrian II. Muller & Son:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

sNorthern Railway earnings included. TAKES
| cluded in operating expenses
| The balance sheet as Of December 81. 1904
| pares as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
Totals .s273 81967s s224 ssl52 Inc s49.4ss

%Of this amount 81 dividends payable
January To- 1905 stockholders of record December 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
CLOSING CURB QUOTATIONS.

s177. 600 TOtal sales tsen and interest
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
INACTIVE STOCKS.

Furnished by william E Nichols CO. No. Is wal...'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
BOND MARKET TRADING

quotations follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
PHILADELPHIA STOCKS.

Furnished by Charles D. Barney Co.. No 25 Broad-st
New-Yori and No. I22 South 4th-st.. PhIaaelphia.l
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
AMERICAN TELEPHONE AND TELEGRAPH

The report of the, American Telephone and TeIe-
graph Company showing earnings and expenses in
detail for the last three years. follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

l.aa2.o7s T0taI sales for the aay. .unlisted.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23

'And interest,"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
BONDS.

so. 4ss Total sales. aodd lots.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
NO MAN EATERS THERE.
Sharks on Our Coast Would Run from
a Man Like a Turkey Had
They the Turkeys Legs.

To the Editor: The story printed
in your paper in reference to shark
eating a boy near Davis Shore, this
county, is absolutely without any
foundation whatever. The boys
uncle talked with me yesterday and
said the boy was very much alive at
present.
/ have been living in Beaufort since
1893 and | have never known of a
man-eating shark being seen in our
waters during that time. In fact, /
never heard of any such sharks here
infesting our waters.
The shark found about here is small
and is afraid of a man or a boy I
have seen fishermen jump right over
board when sharks Were playing and
scare them away I cannot imagine
how such story should have been
started as the one published in the
papers about the boy being devoureG
by one at Davis Shore, which is about
twenty-five miles from here
l sincerely trust that all the State
papers and other papers which have
printed this fake shark story will cor
rect the same and as conspicuously as
the first was published.
story of that kind is calculated to
damage Beaufort and Morehead City
as resorts. Nothing of the kind hap
pened and nothing of the kind will
happen, l am sure.
CHAS. L. ABERNETHY.
Beaufort. n. C..
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03

cause the Southern pays the agent at
that large and important place only
sixty-five dollars a month. 1t is star
walton wages for the volume of work
done There is the same story at
nearly every other point. More than
that: it often imports men for the best
positions, refusing the men, who have
worked for it for bread and meat in
the hardest place, in the hope of pre-
ferments, the deserved promotion to
the best paying places. Favoritlsm,
low pay, hard work-all these condi-
tons are seen. Why do they exist?
Not because the men in the operating
department decree it. No. The real
reason is because everything-busi-
ness, flesh and blood and life itself
is sacrificed to add to the value of the
stock which when issued was nothing
but water.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
ARE THEY LIKE ROB ROY?

Secretary Wilson says he will not
resign or be fired-not even if the
President so wills it. The Farmer S
Cotton Association says he must go.
Secretary Wilson said "a leak is i'm
possible" The Southern Cotton Asso-
citation said there was a leak and
proved it.
Secretary Wilson wouldn't believe
Holmes had done wrong and at frSl
refused 10 hear the charges The
Southern Cotton Association said nc
had manipulated" the returns and
proved it. Holmes had to walk the
plank.
Secretary Wilson praised Hyde and
said he was all right. The Southern
Cotton Association said he would not
do and must go. Hyde resigned and
"skedaddled" for Europe.
Secretary Wilson says he Will not go,
and he seems to be in jolly mood
over the suggestion. Asked by re-
porter whether there was any likeli-
hood of his resigning, Mr.. Wilson
smiled and said:
do you remember the story OF An
drew Fairservice, in Sir Walter SCOTS
Rob Roy? Andrews master was GO
ing to discharge him. In fact, he told
him to go.
Andrew said: L won't 60
"'Why not inquired the master.
because / won't replied Andrew
"'WelI, you are discharged declar-
ed the master. ,s
"I won't CO. retorted Andrew. IL
L, hnNr n
servant. / know when / have good
master.
mime is not precisely parallel
case" continued the secretary. "but il
serves to illustrate the situation. !
have not been asked to go, and | am
not intending to resign. | am going
to stick to my post and continue te
build up that great department
Nobody who knows Mr.. Wilson be-
lieyes that he is corrupt or that he Is
i'm any sense a CRATER. but he says
since he took charge "279 people have
been let out Of the service for various
reasons, many of them on charges OF
one kind Or other" That's a pretty
big number. secretary who under
stands men and who is alert TO detect
wrong would have suspected Holmes
and Hyde long ago, and such man
would have bounced them both before
the 'manipulations' cost the Southern
farmers hundreds OF thousands of dol
lars.
Mr.. Wilson says he will not CO. the
Southern Cotton Association says NJ
must GO. 1t will be interesting TO see
which is the prophet.
Of late the Southern Cotton AsSOcia.
ton has been scoring on every point
and Mr.. Wilson has been losing.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
A Deadly Parallel: Alfalfa VS.. Clover

Alfalfa is ready for cutting a full
month before red clover There Is a
strong advantage in dairy farming
since green crops are needed at the
earliest possible month in the spring.
After cutting alfalfa springs into
growth more promptly than clover
and second crop is produced within
six to eight weeks. Glover lasts two
years and. alfalfa ten to thirty years.
In New Jersey the average field of
green forage per acre was 36,540 lbs
for alfalfa and $4,000 lbs. for red
clover The weights of dry hay were
8,258 lbs. and 4,0S8 lbs, and of pro-
tein 2,214 lbs. and GIG lbs. per acre,
respectively. In the same state alfalfa
was found to contain 1909 lbs of dry
matter and 265 lbs. of. protein per ton
as compared With ga lbs. for clover.
n other words. alfalfa not only yields
two and one-half times as much as
red clover, but its feeding value is
much greater pound for pound
Country Life in America.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
Now is the Time to Subscribe.

Kansas City Star.
A man who was too economical to
subscribe for his home paper sent
his little bow to borrow the copy TAX
en- by his neighbor. In his haste the
boy ran over a 81 stand of bees and
in ten minutes looked like a warty
summer squash. His cries reached his
father, who ran to his assistance, and,
failing to notice a barbedwire fence,
ran into it, breaking it down. cutting
handful of flesh from his anatomy
and running a SIS pair of pants. The
old COW took advantage of the gap
in the fence and got into the corn
field and killed herself eating green
corn. Hearing the racket, the wife
ran, upset a four-gallon chuT1 ro1
rich cream into a basket of kittens,
drowning the whole flock. In her
hurry she dropped a $25 set of false
teeth. The baby, left alone, crawled
through the spilled cream and into the
parlor, running a $40 carpet. During
the excitement the oldest daughter
ran away with the hired man, the
dog broke up eleven setting hens. and
the calves got out and chewed the
tails off four fine shirts.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
Spirit of the Press.
What a Newspaper Can Do.
Louisville Courier-Journal.

Louisville Courier-Journal.
More than any force of modern
times the daily newspaper has come
to exercise a decisive pressure upon
the conduct and the thought of the
people, but the nature of this pres
sure is often misunderstood. AS has
been eXemplified, time and again. in
Chicago and New York, and other
centers of population, the combined
influence of all the newspapers Will
not suffice to elect a mayor. The
newspaper acts by indirection, not di-
rectly. There is tendency among
voters to resent it's dictation, real or
fancied. AS to matters within his
reach and competency the average
citizen thinks he knows as much, and
is as capable a judge as the average
editor. The candidate has generally
the public sympathy in his exclama-
ton against what he calls the perse-
cution of the press. Thus newspaper
support is some times more hurtful
than helpful.
Each newspaper has its enemies. 1t
drives these away from it's faVorite
whilst failing to draw to him it's
friends. Nor is this the whole of it..
Disinterestedness is the soul of all in
f1uence. and disinterestedness, like vir-
tue in women and integrity in man,
must be both apparent and real. 1t
must not only be, but seem to be. The
moment a newspaper can be fairly
suspected of selfish motives its in
fuence is to that extent impaired"
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
Almost Forsaken, Des-
pairing and STOPPING
Low.
Compassionate Friends Made Up a
Purse, and at Last He was Lifted
Out of the Pit He Had Dug
for Himself.

Eleven years have passed since
Mathew Swindell put the past with
all its errors and wretchedness for
ever behind him and fixed his gaze
upon the bright future made possible
by the power that lifted him up from
among the fallen and whispered to
him that it was not too late to be-
gin a new and better life. His exper-
fence is told in the following let
ter:
MY experience at the Kelley Insti-
tute and the cure following the treat
ment / received there, have been every
thing to me and my poor wife and
children. Before | took the treatment
/ was a miserable wretch, good for
nothing at all; / had drunk up all
that l had worked for all my life; /
had lost all of my will power; 1 could
not resist anything like strong drink.
Sometimes / would take firm stand
against Whiskey, and would say that /
was done with it; but, when that old
disease would begin its gnawing, l
would yield again. Often / would
pray to Almighty God to deliver me,
and | have cried over my habits, but
had lost my will power and could
not do my part. 1 had got so low
down that friends ana relatives ndQ
forsaken me. / would stOop to al
most anything in order to get whis
key. This gives you only a little idea
of a part of my drunken life. One
day in 1898 l was out at the store
and some of my former friends told
me if 1 would go to the Kelley Insti-
tute they would give me so much to
pay my way. They made up purse
and l started for the Kelley Institute.
When 1 got there and met the kind
attendants l thought they were the
first friends | had seen in twenty
years. They treated me kindly and
/ began to realize that / was some
body again. / was completely cured
and when / came home my wife and
children were glad to see me, knowing
that they would have a husband and
father once more, for l was new
man Everything frightened up, my
neighbors were glad to see me, and
they would greet me kindly.
1T has been nearly eleven years
since | have taken a drop.
MATTHEW SWINDELL.
"Oriental, n. c., Dec. IL, 1904"
Send names of those who may be
benefited to the Kelley Institute,
Greensboro. N. G.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
HOPE FOR COMPETITION.

The Kinston Free Press says that at
the opening sales of tobacco on that
market between 1875, 900 and 10000
pounds of tobacco, the offering consist
ing of very inferior quality of tobac-
co." was sold at prices much better
than last year. 1t adds:
"All of the large buyers were on
the market except the Imperial, which
doesn't enter the market usually until
the latter part of August Or first OF
September. 1t was noticeable, now
ever, that the American Tobacco
Company held aloof to certain ex-
tent, either because the offering was
not satisfactory or for other reasons
known to themselves. They did buy
considerable of the weed, though. MI
c. r. Dodson, who, it is understood
is in charge of the japanese account
on the local market. was heavy buy
er, as also. were some of the other in
dependents
This would indicate that the farm
ers may hope for competition on the
markets, which WILL of course, mean
better prices than if the trust is the
only buyer.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
TWO TOBACCO KINGS.
North Carolina Has the Two Biggest
In the World.
Washington Post.)

81 live in a town which is the great
est seat Of the plug tobacco industry
in the world. the town of Winston
Salem, N. c." said Hon. j. G. BuX-
ton, one of the most prominent law
yers of the Old North State, at the
Raleigh.
Last year. as the records will show,
there was a production Of 32,OOO,O OO
pounds of plug tobacco in the fac
tories of Winston-S Salem. Doesn't look
as if that much plug could be chewed
up in a decade, Ell? But somebody
must get away with it, for the output
is constantly increasing. winston ana
Salem are Two separate ana lndepend-
ent municipalities, and yet are practi-
cally but one town. Salem is by long
odds the older, as it was founded by
Moravians from Pennsylvania in 1853,
while it's partner is a giddy, young
thing, whose record goes back only
half a century. These Moravians
were a fine race of people, thrifty,
pious and orderly, and the same good
traits are exemplified in their descend
ants.
1.-THE most striking personality in
our community is that of r. j. Rey-
nolds, the tobacco magnate and head
of a company which has 400 travelling
statesmen and 5000 people in its en-
ploy. Mr.. Reynolds came to Win
ston-Salem about thirty years ago
from Patrick county, Virginia. He
had little capital, and embarked in
the manufacture of tobacco in a very
modest way. Today he is several
times millionaire, and SO strongly in.
trenched that the tobacco trust, in
stead of absorbing his business, as it
tried, had to be content. with taking
stock in his company. North Caro-
lima can boast of the two greatest to-
bacco kings of the World-R. j. Rey-
nOldS and + r Duke "
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
How to Swim.

Give the boy a board or piece Of
timber large enough to support him
so long as he rests only his hands
upon it mad keeps his body we'll sub
merged. Let him learn now the
lesson of the supporting power of wa
ter by raising his feet from the bot
tom. by jumping and dancing, while
holding to the board to avoid an in
voluntary ducking 1t will not require
much time for him to find that the
water will all but hold him up and
that his dependence on the board need
rot he very great. Teach him that the
less he exposes his body or arms above
the surface the easier it is to keep up.
Let him raise his arms above his head
and see how much easier 1t is TO keep
his feet on bottom, and then, putting
his arms under again how easily his
feet seem to leave the sand.-Countfy
Life in America.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-03
IMPROVEMENTS AT HEREFORD.
Graded School Structure Coino Hin
Number of New Residences
Building.

Especial 20 News and Observer.)
HEREFORD, N. c., Aug. 2.-The ele-
CANT new building for the Hartford
graded school is being built as rapidly
as circumstances will allow DIR. r. S.
Mcmillan, chairman, and Chas. Whed-
bee, Esq, of the trustees, are pressing
ing the matter so that the school may
open as promptly as possible. A
splendid faculty has been secured !;
Prof. j. w. Roberts, superintendent;
Miss Laura F. Oglesby principal
Misses Annie Blanchard, Bessie Rid
dick. Helen Gather, Julia White,
teachers.
Quite a number of new residences
are being built in west Hartford. In
deed the town is rapidly extending be-
yond the depot. In the older portion
of the town Drs. T. S. Mcmillan and
r. w. Smith are occupying their hand
some new homes