davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
COUNTRY BOILING
WITH PROSPERITY
Little F|urries in the Market
Have No Effect
ANOTHER POOL FAILURE
standpatters Do Not Believe There
Will Be Tariff Revision During
Coming Session Of Congress.
Wall Street Gossip.
BY w. G. NICHOLAS.

New York, October 14.-There is just
enough action and uncertainty to the
stock market these times to keep the
players interested and enable commission
houses to exist. Within a narrow range
the market has been adversely Influenced
by snug money. but the great pass OF
holders of securities are supremacy conf
dent of the future and calmly sit tight,
utterly unmindful of the little fiurries
which occasionally stir things up around
them Miscellaneous and widespread de-
mands upon capital promise to keep in
terest rates up for good while ahead,
but with the return flow of money from
the west and south the situation is GER
tain to relax and funds for speculation
must become more abundant. This in
now of money from the interior may be
later than usual getting started, the crop
movements being retarded in many Sec
tions. The Forthcoming Russian loan of
S25O,vo0, 900 will have to be provided for in
part in this country, possibly to the ex-
tent of $75,0O0vvO, and that will tax some
what the resources of the great banking
interests. Their representative is already
on the way to st. Petersburg to arrange
for the American allotment The bulk
Of the loan will be taken in London, Paris
and Berlin. The domestic situation seems
almost nawless, the only embarrassment
being that incidental to taking care of
the forward end of stupendous crop de-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15

The street has been treated TO a reViVai
of talk about the Erie linking up WIN
Great Northern and Northern RACINE
forming thereby a transcontinental route.
OF course Wisconsin Central figures IN
this as the connecting link between ERIE
and the Hill system. Such deal may
be entered into but it is extremely doup.-
ful IL the eastern and western systems
are ever brought formally under single
management 1t is altogether more rea-
sonable to assume that Erie Will form
combination at Chicago in which MI
Hills road and Rock Island will figure
Jointly, the Hill lines to handle the Erie
business to the northwest and the ROCK
Island to the southwest, both western
connections turning the bulk of their
east bound business to Erie. 1t Is well
known that the Hill and Morgan party
has been for years the controlling power
in Erie although not actually owning a
majority of the voting securities. 1t Is
also fact, although not so generally
known, that the Rock Island syndicate
has bought into Erie on a large scale
within the last two years. 1t is more
than likely that these two elements In
combination can do with Erie as they like.
The Rock Island interest has never
sought to have any voice In the manage
ment or policies of Erie, but that doesn
alter the fact that At might become a
powerful factor in determining the destiny
of the property. Erie is bound to be-
come stronger in every way, and owners
: of the common stock OF the corporation
will some day be rewarded with SUBJ
stantial and permanent dividends, even
as Reading shareholders have been
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
New Gates Rumor.

The absorption of the Cincinnati, Ham,
ilton and Dayton system by Erie is said
to have blocked scheme Of John w.
Gates to take over the property and by
seizinR control of the Chesapeake and
Ohio create an entirely new and original
system extending from the great lakes
southwest to Newport News on the At
lantic. According to the Wall street
version, Colonel Gates was dallying with
the Zimmerman outfit until he
could be sure Of getting hold OF the Ches-
apeake and Ohio, for without that the
western road would be Of no use to him.
information of the Gates programme
In blocking 1t by taking over the prop
erty himself and working 1t of on Erie.
Pennsylvania and New York Central have
less than IS per cent of Chesapeake and
Ohio stock, and 1t Is therefore within the
range of possibilities for outside interests
to acquire ownership control, although to
do this In the open market would mean
long and patient campaign conducted
with mastery skill 1t would be just
such q play that would attract man OF
Colonel Gates love for doing audacious
and spectacular things. Since his Louis
VILE and Nashville coup the big men OF
Wall street take alarm quickly when they
hear that the dashing westerner has de-
signs on stray railroads. 1t is not Inn
possible that the shrewd negotiators on
behalf OF the Prince-Zimmerman syndi-
cate faxed up this story for effect on
Mr.. Morgan. 1t is generally believed.
however, TO have more substantial ba-
sis than the imagination OF overweighted
syndicAtors trying to market . strag-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
RowIes Routed MccurdY.

The published story of Thomas H.
Bowles campaign to wrest control of the
Mutual Life Insurance company from the
McCurdys differs from that which went
the rounds of Wall street while the fight
was on. The Wall street understanding
at the time was that the contest was in
spired by persons acting in the interest
of ]. p. Morgan. According to the re-
ports then prevalent. Mr.. Morgan became
incensed because the McCurdy manage
ment could not see Its way clear to in
vesting Mutual Life Insurance funds in
Morgan securities to the extent demanded
by the great fnancier Mr.. Morgan gave
free vent to his Ill temper and 1t became
generally known that the McCurdy clan
had fallen into disfavor with him. Be-
leving himself impregnably entrenched,
the elder McCurdy was inclined to re-
gard with lofty indifference the Ill will
of the Napoleon of Finance. About that
time Thomas II. Bowles became active
He built such hot fire under the Nc
Curdy management that the venerable
president grew irritable, then disturbed
and finally frightened. Negotiations were
entered into with the revolutionary lead
ers and about the time a settlement with
him was reached rumors pervaded the
financial district that peace had also been
declared between the McCurdy's and 1.-The
banking house on the corner" Bowles
retired from the field to rest on his lau-
rels, and simultaneously there occurred
an interchange of directors and officials
among the various McCurdy and Morgan
institutions and corporations. The Bowles
assault upon the McCurdy citadel may
have been an individual venture. but Wall
street will require proof before relin-
gushing Its belief that ]. p. Morgan was
behind the campaign and footed the pre-
liminary expenses-proofs stronger than
that payment Of $37, 500 which has turned
up In the accounts of the Mutual Life
Insurance company.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Joseph Ramsey Whipped.

The collapse of Joseph Ramsey's con-
test for control of Wabash was not I'M
expected. He lost what little chance he
had when the st. Louis court turned
down his application for an injunction
to restrain the Missouri, Pacific and Iron
Mountain roads from voting their hold
ings of Wabash stock. That incident
settled the fight and left Ramsey without
leg to stand on. He is dying hard,
however, and threatens to keep his grev-
ance aired in the courts for an indefinite
period. A sore toe Is not a pleasant
spectacle and the public will soon tire of
looking at Mr.. Ramsey's maltreated mem
Der. 1t remains to be seen what market
effect the conclusion of the Guold- Ram
sey fight will have Usually after the
finish of contest for control the de-
feated faction loses no time In getting
rid of Its stock interests In the corpora
ton battled for. That almost Invariably
causes break In prices. Sometimes the
victorious party stands in the breach and
takes the offerings Of the disgruntled ele-
ment, thereby preventing a slump, but
usually the plan adopted Is to let the sore
heads get rid Of their securities as best
they can, not infrequently helping the
market down so as to make the lowest
price possible for the sacrifice
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15

banking business. As the matter now
stands the trust companies of New York
City are in sharp competition with the
banks, dividing deposits with them and
doing a general banking business with
out being required to keep up reserves
They are getting into dangerous posi-
tion and have become menace to the
money situation of the metropolis and the
country at large. The two factions will
line up at Albany and the struggle will
be titanic The Black Horse cavalry, al
though certain to be deprived of insur-
ance graft, will turn its attention hope
fully in the direction of New York's finan-
cial districts.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15

of several years Immediately preceding
It, tells of decreased consumption of
wines, spirits and beer. Either our cous-
ms are feebler than they were and cass
not carry so much rum, or they are wiser
than they were and do not want so much.
AT any rate. they drink less of most
| things. There is an increasing demand
| for port wine of modern sort, consider
ably lighter than the port that in the last
century gave most solvent Engllshmen
the govt and. among spirits, brandy is
as much drunk as ever In that there
seems to be evidence OF disposition to
substitute grape products for grain prod
ucts which is gain to sentiment. and
very likely to health.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15

ment applies to everybody in the deal ex-
cept the first person singular Each far
mer seems to feel that all of his neigh
bors must In honor bound abide by the
contract, but that he himself is exempt
Hence, If the plan be to hold back the
crop, he is first to send his to market,
and If the agreement be to cut down the
area he proceeds to plant a few more
acres than usual Human nature Is the
same the world over. The disposition ito
get the best of it, applies not only to the
agricultural element, but finds expression
in every phase of business life. ]. p.
Morgan & Co. made 1t condition of
their offering to float the malodorous ship
building trust that they be permitted to
sell theirs first, meaning their allot-
ment of the stocks and bonds of the con-
caru
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Drinking in England.
From Harper's Weekly.

From Harper's Weekly.
Everybody's drinking habits are of in
terest to everybody else, especially il they
are bad. 1t is well known that the eli
mate of the British isles Is more favor
able to the consumption of alcoholic slim
ulants than our climate. We expect the
British to drink more per gullet than we
do, and they have always lived handsome
ly up to our expectations. We have liked
the statistics of British drinking because
they make us seem temperate by con-
trast. They are falling off little in this
particular. This years report, like that
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15

The street is inclined to give strictest
credence to Washington advices that the
President will make no move for tariff
revision during the life of the present
Congress. The reports referred to are IN
line with private information from high
est sources. The "standpatters'' seem to
have been able to convince the President
that it is the part of wisdom to let well
enough alone and that the extraordinary
national prosperity we are now enjoying
should be accepted as sufficient answer
to those who are demanding reduction
in duties and a reconstruction of the
schedule. There is nothing new in this
argument, but as 1t has the unqualified
endorsement of majority of republican
leaders in Congress the President could
not fall TO be impressed with the weight
of opinion against his reyisi0nist senti-
ments. He has also had it driven into
him that feeling friendly to reasonable
protection of infant industries has grown
up in the new south. This latest under
standing of the White House attitude on
tariff has had a distinctly tonic effect on
industrial stocks, and speculation is turn
Ing in that direction at the expense of
the railroads. On their part the railroads
have made up their minds they have
fight ahead in Washington and they are
massing themselves to meet the emer-
pency. They have no objection to proper
national regulation, but they will be Keen
ly awake to fight oppressive enactments.
It is understood that the fresiosnl
views on the railroad issues nave peen
r,odiaed in many ways since he first
tool nm the subject and that he is Tar
,ess radical in his notions now than Tor
merlv as to what ought to be done Inc
chances are it will ultimately settle down
20 an issue of fair play" which IS a
nronostion both sides can subscribe 10.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Great Northern Melon Cut

Orally Mr.. Hill has steadily Nour-
aged expectation of a melon cutting in
Great Northern, but the tape has unde-
viatingly told the truth, therefore the
~ per cent extra dividend in the sha
OF new Issue of s25.0O0.0O0 stock at par
was no surprise. Neither will there be
establishment when the steel trust takes
over Great Northern's big ore deposits
ana pays round sum therefor.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Dropping HYDE.

They are beginning to drop James Ha-
zen Hyde from corporation directories.
Mr.. e. H. Hartman caused him to walk
the plank this week and his place as d.
rector OF Union Pacific was filed by tho
election OF p. A. Valentine, financial di-
rector OF Armour e. Co. Mr. Hyde was
a very excellent young man SO long as
ne could be of any use to Hartman In
the makeup of the blind pools In Union
Pacific, but now that he is out of the
Equitable the scrap heap for him, ac-
cording to the Hartman philosophy.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Trust Company Legislation.

II is a foregone conclusion that a Wig
orous attempt Will be made to drive a
bill through the New York legislature
next winter to compel trust companies to
comply with usual banking requirements
and restrictions II they insist ON doing .
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
A t h o IN e or broad

WHEREVER you go, if your clothes are
w our clothes, you'll be a credit to your
self and to your community SO far as APP
pearances 60. All you need then is to
make your actions as good as your apparel,
and you're all right.
One thing about Hart Schaffner &
Marx clothes they set pretty high stand
ard, if you're going to live up to them.
Correct style, perfect fit, al-wool genuine
ness and honesty, and no thread of ''mer-
cerized cotton cheat: if you're Hart
Schaffner-&-Marx clothes man, you're a
model citizen.
We have the clothes here to start WITH
$500 to $4,000.
M w Ell & BRO.
Sole Agents. 1915 & 1917 First Ave.
BIRMI NGHAM ALA.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Avoid Yellow Fever

Use the great antiseptic preventative
Slosn's Liniment. Six drops of Sloan's
Liniment on a teaspoonful Of sugar will
kill yellow fever and malaria germs.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
Gossip About Erie.

Cling and incongruous collection of rail
road lines.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-10-15
standpatters Conf dent.

liveries The country is fairly boiling
over with extraordinary prosperity.
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
R. |. AMATEUR LEAGUE

Games in the Rhode Island Amateur
league for tomorrow Will cause a Few
changes in the standing OF the different
teams The race for the pennant is
very pretty one, and the teams are
evenly matched. This causes the bunch
ing Of the teams in the standing. and only
a little over 200 points separate the lead
ers from the tail-enders. The Crowns
have for their opp6Nents at Davis park
tomorrow Manager Thornton and his
team Of leaders. The Crowns have the
honor Of being one OF the two teams that
have defeated the team from Riverpolnt,
and this will be an incentive for the VAL
leyites 10 strive and capture the odd
game in the series.
The Regents will have for their rivals
at the Regent Oval the Elmwoods. Both
teams are looking for this game, as II
will affect their standing and change
their position In the race.
The Mantons play the Deweys on the
formers grounds The Mantons are play
ing great ball and are too fast a team
TO be held down near the bottom. while
the Deweys will endeavor 10 protect their
long string of consecutive victories from
being broken.
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
LE0NKARDT LEADING

The chess players started the third
round Of the international tournament
yesterday at ostend. When the usual ad-
journment was made for luncheon the
following results had been recorded:
Janowsh had beaten Tschigorin and
Burn had drawn with Marcocz.
In the afternoon sitting the following
additional results were recorded:
Tarasch defeated Wolf, while the rest
OF the games, namely those between
Marco and -Taubehhaus.- Marshall and
Leichman, Leonhardt and Schlechter and
Blackbourne and Alapin. were drawn.
Thus Leonhardt is leading Marcozy and
Leichmann with half a point at the close
OF the third round
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
FELTz And GOODWIN MATCHED

New arrangements have been made for
the members of the boxing fraternity in
this city and vicinity and the first bout 10
be seen in the house will bring together
Tommy Feltz Of New York and Chester
Goodwin OF Boston.
The Rhode Island Athletic club has
chartered and remodeled a site at the Old
Fenncr stand In Thornton and have built
a gymnasium there that will have n large
audience room for the seating OF between
500 and Coo persons. The place Is electric
lighted and has thus features that no
other place OF the kind has had near here
The first bout TO be seen. and 10 cele-
brate the opening OF the house will be on
next Thursday, June p. The main bout
will be for rs rounds and the other pre-
liminaries will go for six rounds each.
The men 10 take part In the preliminaries
have not been signed as yet but will be
selected within n day or two.
Stanton Abbott who has offciated at so
many OF the bouts In this vicinity In the
past with such general satisfaction will
he the referee on that occasion and his
presence will add 10 the popularity or tho
occasion.
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
N. E. TENNIS

The result OF the third day OF the New
England tennis tournament brings the
play TO the finals OF the doubles and the
semi-finals of the singles. which will be
decided today. In the singles Rehr of
Yale will play Ware OF Boston and Net
tleton OF New Haven will meet Leroy
OF New York The play In doubles will
be between GrantaHd Leroy and Ware
and Gross. The summaries:
Championship singles-K. Behr OF Yale
defeated u. c. Graves Of Trinity ca. 60
Robert Leroy OF New York defeated
f. O. Jackson OF Middletown. 6-1, 7-5
G.. w. Nettleton OF New Haven defeat
cd +. II. Howard. Hartford, 6-l. So
Championship doubes-W. c. Grant and
Robert Leroy. New York, defeated F.
r. Smith and l.. Northrop OF Williams
college. 6-3. ll-9.
s. Ware, Boston, and Z. T Gross, Provi-
dence defeated -. e. Graves, Hartford.
and f. O. Jackson, Middetown. 7-5, GA.
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16

BY FEDERAL
GRAND JURY

Philadelphia. Pa. June l6.--The United
States grand jury has found true bil~ot
indictment charging conspiracy against
Frank c. Marin. alias Frank T. stone,
alias Franklin Stone. alias Thomas Har-
per, Oliver Quinlan, alias f. Ewart
Storey; Stanley Francis. alias Arthur $.
Roster; Arthur O. Howard, Walter b.
Briggs alias w Reach Richmond; Thom-
as II. Quinlan and Estelle Graham, alias
Sophie Beck. alias Mrs. sdward Dunno
alias Estelle Collins
The indictments are the recent out
come OF the expose OF the get rich
quick" concerns in this city.
The persons indicted were connected
with the Storey Cotton company and the
Provident Investment Bureau which were
closed by government officials. All OF the
indicted persons, with the exception OF
Stanley Francis, are fugitives from JUS
tice
Francis is under heavy bail awaiting
trial.
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
BELDAME WON

The peerless Beldame. one OF the great
est race mares that ever stood on plates,
carrying the colors OF August Belmont,
won the $4,000 Suburban Handicap, II.
miles, at Sheepshead Bay, yesterday.
after a spectacular race, in which the dis
tance was covered in the fast time OF
2O5 3-5. A length and a half behind this
famous daughter Of Octagon-Bella Donna
came w. b. Jennings fve- year-old Prop
er. by Prestonpaus- Prim II, with c. f
Rowe's five year old First Mason. by
First Mate Msnola Mason. taking third
money, five lengths away.
Back in the ruck, after leading for
a mile. James n. Keenes Delhi the
winner OF the Brooklyn Handicap, and
a favorite. struggled home n very tired
horse Delhi and Bedame. both four
ycar-olds. carried equal scale weight and
gave 10 pounds TO Proper. 10 to First
Mason and chunks OF weight 10 all OF the
others.
That Beldames triumph was one OF
the most popular in the history OF the
Suburban was evidenced by the wonder
full ovation which the mare received dur
ing her majestic flight through the stretch
10 the finish. and later when she cantered
proudly back to the scales So well
pleased was Mr.. Belmont with the sue
cess of his mare that he presented Bur
lew with "A check Of 5000 i'm the paddock
after the race, and - handed Frank
O'Neil. the clever Jockey who had the
mount q liberal reward
The way DllhI-stepped was f7ryf
blow TO Mr. kcenc and Trainer Rowe. for
the winner OF the Brooklyn after showing
the way 20 the head OF the stretch fen
back so quickly that some OF the novices
thought he had burst n blood vessel But
70 was simply a--case ~ being run into
the ground by n gallant mare. who had
had the stamina and the speed which out.
classed not only the Keene horse but
all OF the others
Proper who was heavily backed and
closed an equal second choice with Bel
The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-16
WCMEN'S GOLF

The women's metropolitan golf cham
pionship tournament reached another in
teresting stage yesterday at Short Hills.
y. J., when play over the Batusrol links
in the second round OF IS holes was be-
gun. Eight players. who had come
through TO this stage successfully. were
the contestants.
The second round for the consolation
cup, TO be played for by the 16 who failed
TO qualify for the championship. also was
on yesterdays program.
In the second championship round Miss
Z. Hurry, Rye, y. Y. heat Miss -Jalia
A. Max, Baltusrol. by up. Mrs. Charles
T. Stout, staten Island beat Mrs. y.
Pendleton Rogers. Plainfeld, by 2up and
10 play.
Mrs. Stout was one down at the turn.
but she improved on the homeward
Journey, being dormie two driving for
the 18th hole. which was halved in five
Mrs. A. II Harris. Rye. n Y. beat
Miss Elisa Hurlbut Morristown. by 2 up
and TO play. Miss Gertrude Travers
Glen Cove, beat Mrs. L. Daniels. Staten
Island by l up on 10 holes.
Ip the semi-hnal round tomorrow Mrs
Stout will meet Miss Hurry and Mrs
Harris will play against Miss Gertrude
Travers.