davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
GOVERNMENT SECURITIES.
DENBY's VIEWS.
Does Not Regard Threats About
Chinese Boycott Seriously.

DETROIT, Mich, June 30.-Charles Dem
by, diplomatic adviser to the viceroy Of
north China. who Is visiting relatives here.
does not take a serious view of Chinese
threats to boycott American goods owing
to the Chinese exclusion act. Mr.. DENLY,
who Is former American minister to
China. has for twenty years been in close
touch with political and commercial affairs
in China.
He said: 1.-THE Chinese government is not
back OF this agitation, and 1t is not sup
ported by the merchants. 1t Is probable
that Chinese students are making the
trouble. The students of China. like those
of Russia. are factor In politics. young,
hot-headed fellows. educated abroad, and
with advanced reform ideas.
China Is satisfied with the present exclu-
sion laws. I believe that IL we repealed
those laws China would pass an act for
bidding the coolies to come to this country.
The government has a contract with the
big mine owners In South Africa to supply
them with labor The government gets a
royalty on all the labor furnished, and can
not get men enough 1t has recruiting
agents all over China now. The Chinese
don't want their lab0rers to come to Amer
lea. All China wants Is a fair. Just ad-
ministration OF the laws, that students and
merchants be allowed to come In undis-
turbed and no Determinations"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
Slight Furry Featured the
Stock Market Today.
LOAN RATES ADVANCED
STERLING EXCHANGE RESPONDED
TO RISE IN REACTION.
Renewed Active Dealings in Grain and
Cotton at Advancing Prices
Notable Incidents.
Special Dispatch to The Star.


NEW YORK. Jvne Ga slight furry In
the money market, such rs was foreshad-
owed i'm yesterdays developments. was oh
served today, the rates for loans on call
advancing by the noon hour 20 ii per cent.
Standing loans were generally renewed at
4 per cent. and the bulk of the days Dor
rowing was effected at an average of about
Az per cent This development was sufii-
cienty accounted for by the known facts
of the local financial situation, together
with the period of the year. and the ad-
vance in the money market did not appear
To carry much effect. so far as the stock
market was concerned, beyond. in combina-
ton with other matters. leading to fur
Their curtailment in activity.
Sterling exchange responded 20 the rise
OF money In a sharp reaction. rejecting the
offerings of finance bills. Other features or
the days situation were the renewed acuVe
dealings at advancing prices IN both the
grain ard the cotton markets.
The speculation in grain was naturally
furthered by the critical situation In the
Black sea- while In the cotton market fuf-
Their pesSimstic forecasts OF the crop OUT
turn Nere in circulation The publication
OF the preliminary estimates of the priaci-
pal movements OF currency during the week
pointed to loss by the banks or ABOUT
sl.20o, Geo. sum smaller by S2ooo,UO than
their direct loss incurred in their opera
tons with the subtreasuTy.
Prices Moved Irregularly.
This being the end of the month and of
the fiscal year. II was thought probable.
however. that the loan account in tomor-
rows bank statement may show consld-
cradle expansion. hence poor showing FOR
that document commonly predicted.
In the days stock market prices moved
irregularly. and in few cases extensively
At the opening of business number OF
rather sharp declines were scored. the ini-
tial tone being derived chiefly from Lon
don. and being. In addition. a renewal of
that which prevailed at the close of business
yesterday.
Foreign houses were sellers here to the
extent of about 40. 900 shares. All the Euro
pCan stock markets were considerably I'M
settled on account of the uneasness as to
the outcome of the deranged social and
political conditions in Russia. which were
reflected IN a further substantial loss IN
Russian securities.
Paris was reported heavy seller of the
internationally listed securities in the
London market. There were no other
overnight developments, and few other
than those noted bearing upon the mar
ket al large or particular stocks. Stock
market transactions varied in no fmpor-
tant respects from the characteristics
which have been present throughout the
week. being for the most part for profess
SiOnal account. 7---
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30

The civil and miscellaneous account n
year ago included the canal payments and
st. Louis exposition loan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
GOVERNMENT RECEIPTS.
Estimate Of the Years Expenditures
and Revenues,

While the official figures of the years
business Of the treasury cannot be obtained
until tomorrow. fairly accurate figures are
had in the approximate statement issued
today. This shows total receipts for the
entire fiscal year of so43 423.S59 and ex-
penditures of 1861. 10 7G2 making a deficit
for the year of $24.3o5.903. The official iig-
ures will not be far from this. and the If
fetal estimate is $24.J00.G00 deficit for the
year. This was given out yesterday.
Last year the total receipts were $S41 1885,
145 and the total expenditures $50, 80 OF
giving deficit of $41 .352. 325. This deficit
was made by the payments of $50. 900 600 on
account of the Panama canal and a loan of
81. 100000 to the Louisiana purchase EXPOSE
tion Without these payments there was a
surplus for the year of about $13.0O0.000.
The receipts ON account of customs are
within $500 of being the same they were
in the last fiscal year. the total this year
being $262. OG0,52S. while one year ago they
were 500. 08S. 4S3. Internal revenue this
year has produced $233. 464 900 against 1892. :
435.6D5 year ago. and miscellaneous $E1.-
S9. 40. against SAG. So. 585
The expenditures in the different depart
ments of the government, compared with
the last fiscal year, have been as follows
l00l 1905.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
The Peresviet Floated.

TOKYO, June 30.-The Russian battle
ship Peresviet. which was sunk at Port
Arthur was successfully foated by the
japanese yesterday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
sHEEPsHEAD BAY RACE TRACK.
The List of Entries for Tomorrow's
Events.

Special Dispatch to The Star.
SHEEPSHEAD BAY RACE TRACK, N.
Y, June 30.-The following Is the list of en-
tries for tomorrow's events:
First race, steeplechase, full course
Phantom, 1871; Sandhurst. 147; Judge Full
ton. 151. Pagan Bey. 156; Pure Pepper. 1853:
Pious, ISL; Bacchanal, 15S; Grandpa, 1853;
Duke of Connaught. 1853.
Second race, lightweight handicap; six
furlongs. main course-Roseben. 40; Ivan
the Terrible, 12S; Old England. ZIG; Pasa-
dena. 115; Buttling ia; Merry Lark. 113:
Astarita. 112; Zeala. III; Prince Hamburg,
ITO; Regal. ITO: Druid, 1O5; Jerry c., 100;
Graceful. SO: knight Of Weston. %; Dia-
mond Flush, 90; Lady Prudence, 80; Don
Royal. 90.
Third race, the Spring. six furlongs, Fu-
turity course-Cary. III; Geo. c.. Bennett,
12S: Security. 12s: Voorhees,, 100: Bill Phil
lips. Ia Osiris. ia: vagabond. Ill
Fourth race. the Commonwealth; one
mile and a Characterization. 104: Sysonby.
Ill; Agile, los: Broomstick, Ill; Ort Wells,
124: Proper, ia; Monsieur Beaucaire. 102.
Fifth race, two-year-olds. selling: five and
one-half furlongs of Futurity course-Am-
bilious: 90; Deux Temps. 106; Abe Meyer.
1o4; Little Ben. 1o4: The Poet. 112: Mer--
rick. 105: Bob Edgren. 112; Lion Heart. 1OS:
sCinchona, iO2; sLadsarion, 112: sLord OF
the Forest. o.; Jolly Dixon. 98; Holloway,
%; MERRY Go-Round, 80: sSentian. 100:
Pepper Pod. o.; sThere Now. OF; st.
Estephe. 100.
Sixth race. selling. one mile and a fur
long, on turf-Major Daingerfie1d. los: Mem
cries. 100; Action. 10f; Miss Rillie. 104: Bril-
gand. 80; The Southerner. 106; Onatas. JOG:
man. 100: Possession. 1Oi; observer, 95.
Apprentice allowance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
$23, 600, 900 Order for Billets Placed.

Carnegie steel officials have closed con-
tract with the Plttsburg Steel Company by
which the latter agrees to buy 1000,0o0 tons
of bilIets. deliveries to be made covering a
period of five years. This is the largest
contract ever made in the history of the
steel business At going prices 1t means
$23O00.00O worth of steel. The Carnegie
mills of the United States steel corporation
will produce the billets.
By closing this contract the steel trust
has forestalled the erection of new furnaces
and steel works which the Pittsburg Steel
Company intended to erect in the Piitsburg
district. Places were under consideration
when negotiations were opened with the
sales agents of the Carnegie company. The
price at which the contract was closed is
generally understood to be sliding price.
the buyer being protected against fiuctua-
lions year by year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
Today's Government Receipts.

National bank notes received today for
redemption. 81 $50. $50; government receipts
from internal revenue, 81 200, Cos: customs.
81. 143O35; miscellaneous, s241 ,239; expendi-
lures, 1897, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
Cases Nolle Pressed.

Several grand jury cases were nolle pross-
ed by Assistant District Attorney Ralph
Given at the Police Court this morning. for
various reasons. The cases had promised to
be important ones for the Police Court, but
there seemed to be good reasons why they
should not be prosecuted.
The cases were those Of Flory Magliano,
charged with the taking Of $50 and a check
for $50 from the man with whom he board
ed: John Creighton. also charged with
grand larceny. 1t being alleged that he stole
a diamond ring from his roommate; Morris
Silverman. charged with false pretenses. by
which he was said to have obtained some
shoes and other things from Michael Zox.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
New York Stock Exchange.

Furnished by W. 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, 1905-06-30
Baltimore Markets.

Special Dispatch to The Star
BALTIMORE. Md. June 30.-FLOUR-Qi Quiet.
changed; receipts, 259 barrels.
WHEAT-Strong spot contract SO; July, SsHa
ssh; August. SIL4aS712; September. IS asked:
steamer No. red, 81: receipts. %. S5S bushels;
Lew southern by sample, 65a9o; southern on
g:sde. S3lsa90
CoRN-Dull; spot. 601aa6Oa July, 6OH a60!s;
steamer mixed. 5613a5ssi receipts. 1.18s bushels
exports, 800 bushels; southern white corn 6Oa6l u
southern yellow corn. 6Oa64
OATS-Firmer; No. white, 37aa3S No. Q
mixed. 36a36ls receipts, 1Q,472 bushels exports
400 bushels.
RyE-Duil uptown. No. 2 western. SO.
HAY-Steady. unchanged.
GRAIN REIGHTS-Quiet. unchanged
BU1TER-Steady; fancy imits tion, l7a1S fancy
creamery. 81; fancy iadle. l6af7; store packed,
14al5
EGGS-Steady. I6a.
CHEESE-Firm; large. lOA; medium. 1O14;
small. 10at.
SUGAR Steady: coarse graduated. 555; fine.
). 81.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
shespshead Bay Races.

4HEEPSHEAD BAY. June 3O.-First
race; one mile: three-year-olds and up
ARABIC. to / and 3 to /, first: Chimney
Sweep. to place. second; Masaniello.
third. Time, La.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
The World Of
Finance and Trade
THE COTTON MARKET.

NEW YORK. June s0.-The cotton mar
ket opened firm at an advance of 12a15
points in response to higher cables and
strong spot market advices. There was
active realizing on the advance and fiuctua-
lions during the early session We're very
irregular. July notices were out for about
1900 bales. but were well taken care Of
and that position ruling relatively firm
tended to support the entire list. which
during the middle of the morning was about
i1a1S points net higher.
Two private condition estimates were is
sued. one placing it at 76 and the other at
81 per cent. the wide difference serving still
further to confuse sentiment.
Futures opened strong July, 9.3S; Au-
gust. 9.45; September. 9.55: October 9.G0;
November. 9.65a9.6S: December. go, jan
uary. 9.72; February GA; March. 9.T:
May. 9.Ts
LIVERPOOL. June 3O.-Cotton: Spot in
fair demand: prices points higher; Ameri-
can middling fair, 5.S4; good middlirs, 5.o2;
middling $50; low middirg. SIS; good or
binary. ID. ordinary. asa. The sales of the
day We're 10000 bales, of which 800 were
for speculation and export and included
400 American. Receipts, 1000 bales, In
Guiding $500 American. Futures opened
quiet and closed steady. American mid
ding. g. o. c., July, 5.21; July and August,
5.2l: August and September, 5.2i; Septem-
Der and October 5.21; October and Novem-
Der, 5.2l: November and December. 5-21 a:
December and January, 5.2l; January and
February, 5-21; February and March. 5.22:
March and April 5.23; April and May, 5.23;
May and June 5.24.
BY midday the market had reached new
high levels. with shorts nervous buyers and
bulls aggressive. Prices were about ~ to
- points net higher. Spot cotton quiet; mid
ding uplands, 10. 10; middltng gulf 1913.
Estimated receipts of cotton at the ports
today, 1900 bales, against 1880 last week
and SIS last year. For the week. 7OoOo
bales, against II .557 last week and Ii, 43O
last year. Today's receipts at New Orleans,
3.523 bales, against 10I last year, and at
Houston 2,67S bales, against II last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-30
Washington Stock Exchange.

Sales.-Regular call IL o'clock noon-Washington
Rwy. and Flee. As. $1,000 at s91a. 81 900 at &c.,
at s9h,. 81 900 at s912, 50 600 at 1914.
Washington Rwy. and Elec. pfd., 20 at 90Ss so
at 905s 30 at 909s. 80 at 90A, 50 at 904.
Washington Rwy. and Elec. com, so at &c. so
at 49, 80 at 36ls. 20 at 36A 30 at 361s so at 361s
30 at 81 100 at 81. at 81, 100 at 37Is so at 81
100 at BIS. 80 at 81. 80 at BIN, so at 37H so at
37as. 30 at 37ia.
Material Safe Deposit and Trust 10 at 1884,
American Security and Trust. at $50
Washington Gas % at 59JS % at 59%
Lanston Monotype. so at 15h. at 15ss. 100 at
15ai.
After crll-Potomsc Electric Light 5s s, 900 at
The Minneapolis journal., 1905-11-22
w ednesday Evening,

the government should be looked to as
the means Of protection. Judge Gross
cup IS articleis Of interest, therefore, not
only because it contains suggestions
that are timely, if not entirely practica-
BILE, but because it represents the more
advanced, one might say the boldest
thought yet expressed by anyone
classed with the conservatives rather
than with the radicals.
One may we'll ask what has brought
this change in public thought. The
answer is not hard to find. The mon
who are opposed to the plan of govern
mental interference" are the very
ones who have brought about the prob
ability of it. The combiners of rail.
roads, the manipulators Of stocks, the
crooked insurance men-these are the
ones who have done It. Long ago it
was said that the two or three big men
Of Wall street who were putting every
thing together into big trusts and work
ing the combination and consolidation
idea to death, were doing more te
breed socialism in the country than any
other combined factors. They were
bringing the country nearer to the point
of government ownership or government
control. If this should come, and be
not to their liking, they win have them
selves to blame. .-
The Minneapolis journal., 1905-11-22

$;S;xA;NEHx;H:xx
Mr.. Crothers takes the finite things. or
those we reckon as finite, and shows how
they lead to the infinite. The moment we
call now, a moment ago was a part of
the Infinite future, and a moment later
Will be as much a part of the past as the
days Of Herod. Here is bounded by a
limited horizon, but when we look ,1p-
ward there are no enclosures, only inf
mite depths OF space. The sense of power
felt In watching a projectile's flight en-
larges in the study of whirling worlds.
Beside these 1mmensities to which the
common things Of life lead, man seems IN
significant one Of the meanest of finite
things. But then come questionings, dis
satisfaction that it should be so. s"The
most significant thing Is spiritual evou
tfon,' says Mr.. Crothers, sis that we
have creature actually existing who has
become dissatisfied with his old environ,
ment and has deliberately projected him
self into a new environment His past
and present are not enough for him. He
consciously lays hold upon the future.''
Mr.. Crothers leads his. reader thus fal
and much farther along pleasant path
| and he does so in a pleasant and con.
vincing manner. He does not prove i'm
mortality; he does not pretend to; bu
he does strengthen ones faith, makes him
take counsel of his courage rather thar
Of his fears,' and helps .pne to cease hi:
complainings. y
! Houghton. Mifnin & coy IS cents net. ..
The Minneapolis journal., 1905-11-22
Taxation of Railroad Property.

Lawson Purdy, secretary OF the New
York Tax Reform association, has pro-
posed new method of taxing railroad
property. Mr.. Purdy's proposition is
to adopt plan similar to the United
States internal revenue law Of 1864 and
impose a tax on all dividends and in
terest. 1t is not proposed to tax divi-
dends and interest direct, as that would
not be lawful, but interest and divi-
dends may be taken simply as the meas
ure of the tax upon the corporate prop
erty within the state. For illustration,
a compilation has been made from data
contained in the report Of the New
York railroad commission, from which
it appears that the total taxes of all
kinds paid in all states by the steam
surface railroads reporting to the rail
road commission in the state of New
York amount to slightly less than Is
per cent of the total disbursements of
these roads on account Of interest and
dividends. Mr.. Purdy would tax all
real estate not used in the operation Of
public service as other local property
is taxed Then upon the basis of inter-
est and dividends he would assess a tax
upon the property of the public service
corporation as unit. When the prop
erty lies in more than one state, the
tax would be apportioned on the mileage
basis now in common use. The tax
levied within the state he would dis
tribute to the tax districts in which
the corporation carries on it's public
service in proportion to the length of
it's tracks including branches, sidings
and switches within those districts
That would be the same as if we were
to apportion to the various counties OF
! towns and cities the gross earnings taz
in proportion to the amount of trackage
lying in each county, city or town il
i Minnesota.
Mr.. Purdy favors this method rather
than the gross earnings system which
we employ because he thinks the latter
has a fatal defect in that /" it is not il
The Minneapolis journal., 1905-11-22
nan PATTERSON IN
FEAR OF JEROME
Woman Of the Young Murder
Trial Is Stricken with
Terror.
Journal Special Service.

Journal Special Service. .. ....
San Juan. Porto Rico, Nov. 22-With
her presence here unknown except to a
few, "Nan Patterson now Mrs. Leon
Martin, who was the central figure of
three sensational trials for the mur-
der Of Cesar Young, is stopping on On
nerves, it is said, are almost shattered.
and upon hearing that District Attor-
ney Jerome was reelected she became
hysterical and could not be calmed.
Leon Martin. from whom she was
divorced and whom she recently re-
married, has a friend in San Juan ny With !;
presence has been kept a secret as far
as possible. altho several persons rec
ognized her because Of her picture in
the newspapers. Her iaunty air has dis
appeared and she seems careworn. 1t
| is common talk among her friends that
the suspension of sentence and the
fact that at any time upon her return
Jerome might resume his prosecution
of her, haunts her continually.
"Nan Stricken Girl
Altho she appears devoted to hel
husband, she is continually irritable
and physician has been called to at
tend her upon frequent occasions. A
| man who saw her several times IN New
York city and who is visiting friends in
San Juan, said today:
| "Nan looks ten years older than
when I last saw her. She appears con
tinually frightened. There must be
something that is continually worrying
her: When I knew her she was always
vivacious and lively, always ready te
laugh and joke, and never depressed.
saw her yesterday listening to the bant
concert on the plaza. She did not seen
to heed the music, but gaZed far out
to sea, preoccupied over something
which nobody knows but herself. MAI
Patterson is a stricken girl.''
Sightseeing Tour.
Mr. and Mrs. Martin arrived here il
the steamship Ponce. They made f;
sight seeing tour Of the city with MI
Martin s friend. but after on day
stay, departed on the Ponce for a tou
around the island. They returned t.
San Juan two days later.
/ There is a rumor to the effect tina
Nan Patterson intends to return to tn
United States to plead with Mr.. Jerom
to have the weight of suspended sen
tence lifted from her shoulders.
Neither Mr.. nor Mrs. Martin will dis
cuss their affairs for publication.
The Minneapolis journal., 1905-11-22
FAMOUS TRAIN IN MUSIC
"The Pennsylvania Special March by
Randmaster Innes Scores Hit.

The latest musical composltloN TO
strike the popular ear and score as the
distinct hit of the season is "The Penn
sylvania Special" march, composed by
the famous bandmaster,. F. n. lnnes,
and played for the first time recently in
Chicago by his noted New York Orehes-
trail band. The two-step captivated the
audience and encore after encore was
called for. The march possesses the ir-
resistible quality which destines it to be
plaved. whistled and danced throughout
the musical world. The new two-step
bears the name Of the pioneer eighteen
hour train between Chicago and New
York established over the Pennsylvania
lines last June and which has won a
worldwide celebrity. Composer Innes
dedicated the march to Samuel Moody,
general passenger agent of the Penn
sylvania lines.
The piano score has been handsomely
engraved and printed in keeping with
the high-class character of the compost
tion. A presentation copy of the music
may be obtained by sending request
with four cents postage to Pennsylvania
Lines Advertising Bureau. 702 Union
Station, Pittsburg, Pa.
The Minneapolis journal., 1905-11-22
Judge Grosscup's Plan.

. Probably nothing that has Appeared
in print, since the question of correc-
tion of corporate abuses first assumed
leading Importance, has carried sug-
pestion so straight to the point as the
article by Judge Grosscup, in the
American Illustrated Magazine. sum-
mary Of which was published in T g
Dourna last night.
1t is important that so eminent a
iurist should have come out with a
straight proposition Of national incor-
poration as remedy for trust ag-
grandizement, and his distinction be-
tween national incorporation as he
has presented it and federal license
as favored by Commissioner Garfield, is
carefully drawn. There is food for
Thought in the article along several diff
ferent lines.
Without doubt, however, the average
business man who read the article was
impressed not 80 much by the presenta-
tion of these problems with which the
country has got to grapple sooner or
later, as by the aight-shoulder hit
at present business methods in the Sc
curities markets, which is embodied in
the plea for simplicity in the issuance
Of stocks and bonds.
Provision should be made, in the
opinion Of Judge Grosscup, for a gov
ernment exchange, or a private ex'
change under government supervision
Under this, the New York Stock ex.
change would give way to a national
exchange, or else the government would
exercise control over its affairs.
All talk and suggestion of this sort
is unpleasant to men of capital. Pa
ternalism on the part Of the govern
ment they do not want. They dislike
i new plans, looking to what, to them
is interference with private business
Railroad-rate regulation or supervision
by the government is unpopular will
the railroad magnates. How would thu
men Of finance like to see the govern
inent take charge Of, affairs in Wal
street9 ~
That this will come about is Of cours
unlikely. Certainly it will not com
for long time. But it is wonderful
how the thoughts of the people are be
ing turned more and more to the ide
of relief from corporate oppression am
dishonesty, and it is not unnatural tha