davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1906-08-03
CURB MARKET TRADING.

The market for outside securities was s5,.
marked by frmness notwithstanding sorle -
larity at times. due % realizing. Strength a.,
ticularly pronounced in the mining group. ess,.r.
in the three OF four leaders OF the last vz,ez ~
industrials were somewhat quiet. but firm Ca
Consolidated Copper continued its upVar1 ca.
and on fairly good buying rose IA Utah C5,-~
after a slight reaction. advanced Rrr.s
Columbia was slightly higher Olicmac NIln.nz ~,
fairly active. touching its previous high ~.
United improved = and Utah Apex x Ut~a c.
per was dull and slightly lower. Union vas d /,
fraction. Nevada Consolidated ruled firm. A.
can Can shares were strong; the preferred a.
vanced =. American Tobacco gained a. D-'-s
Central Foundry preferred was up point W..
preferred was in fair demand at & aa-sss
NIackay issues were decidedly better. Ssanls-r n
was strong. Chicago Subway was frmer. In -
AIlis-Chalmers IS we're fairly active az a sTzltr4
cessiOn. Marine 41Ss were firm Westizzs
Electric IS were steady. There was ooust.,--r,
activity yesterday in NicEac Mining on the H.sr,
curb. Early in the day the stock ran OF f-1-.-.
ally from its recent high record figure under sa
to realize profits. Later. however. a buying z.r-
ment set in. the orders appearing to elg-ls
chiefly from New York. ald on this tie sz
rallied to about Wednesdays closing DEica
New-York tribune., 1906-08-03
FOREIGN BANK RETURNS,

London. Aug 2-The weekly return Of the Bank
OF England shows the following changes: Total re-
serve decreased s1.O5sOOO circulation increased
s625O00 bullion decreased s4S2 712: other securities
decreased 1886, 900; other deposits decreased f11s1
600; public deposits decreased f2S9 0O0 notes in re-
serve decreased fi,1O2,OoO; government securities
unchanged. The proportion of the banks reserve
TO liabilities is now 47.4l per cent against as ~
per cent last week, and compares with decline
from 1855 per cent 20 479s per cent in this week
last year. The rate of discount unchanged at s1h
per cent.
Paris. Aug. 2.-The weekly return OF the Bank
OF France shows the following changes: Notes An
circulation increased So 100000 francs: Treasury
deposits increased 22.9OOOOO francs; general de-
posits increased 2lSl5OOO francs; gold on hand de-
creased S,S50,OOO francs: silver on hand increased
25OOOO francs; bills discounted increased 900
francs; advances increased l3. 100000 francs
Berlin, Aug. 2.-The weekly return OF the I'M
perial Bank OF Germany shows the following
changes: Cash hand decreased 46 400 600 marks:
treasury notes increased 100000 marks; other Sc
curities increased 567OOOOO Marks notes in circu-
lation increased 81, 100000 marks.
New-York tribune., 1906-08-03
STOCKS STILL ADVANCING.
1NOTHER DAY OF HEAVY TRADING, WITH STAND-
ARD RAILWAY SHARES THE FEATURE
Reports of Coming Dividend Increases Closing Prices Under
Highest Call Money ate.
Closing prices dealt in net enthusiasm

enthusiasm az this centre in the days trading.
Money market considerations Russian develop-
ments and foreign selling of American stocks
are not factors bothering Wall Street at pres
ent. AS 10 Russia, it is believed that while there
may be more strenuous times In that unhappy
empire, foreign bankers with their vast invest
ments in the Cars country will not permit. if
they can help IL, acute disturbance In Russia's
credit. But in protecting Russian securities it
may be necessary 70 liquidate a large amount of
our stocks and bonds held abroad.
While there We're recessions in the last hour
from the high figures, the general level Of values
at the close showed material improvement over
the final quotations of the preceding day, the
only exceptions among the active list being
Ainalsanated Copper, American Smelling,
Brooklyn Rapid Transit, Erie. Northern Pacific
and the United States Steel shares. The last
named were not strong features at any time in
the day. Steel common as a per cent stock
is not dear at its present price but there is no
certainty that the dividend win be maintained,
and as consequence il does not appeal to in
vestors Call money advanced 20 31a per cent,
the highest rate since early in July. Conces-
sions We're reported in time money in, the case
of loans where exceptional collateral was Of
fered, but the general position OF the market
did not suggest easing in rates.
New-York tribune., 1906-08-03
DID NOT CONTROL HYGErA ICE.
Wesley II. oler Denies That Trust Sup
pressed Company Which Failed.

Wesley n oier president OF the American Ice
Company, made statement yesterday denying
that has company controlled the Continental Nv
geia Ice Company, which went into bankruptcy a
few days ago
Alr. oler WAS prompted 10 issue the statement
because OF the imputations that the American Ice
Company suppressed the Continental Hygea Ice
Company TO maintain the shortage in tho ice sup
ply-and high prices.
'The Continental company" said AIr Oier. was
organized by Jacob Rupert who owned 81 per cent
of the stock He organized II 10 handle hss output
of artificial fee The American Ice Company was
q minority stockhcider and, therefore. had no con-
Tnol over the Continental Hygeia Zee Company"
Further inquiry into the artificial ice output in
AeW York reveals the surprising fact that tho
- - I;;sc."iles hlallns zee ~ ths CITY sup
this Manhattan and The Bronx receive 2982 tons.
me remainder being distributed in other parts OF
me city OF this supply the Ice Trust uses S95 tons
These artificial ice plants are located as follows
ooutn OF S4in street. s; north Of 34th street. 5.
County. pG-
New-York tribune., 1906-08-03
LOCAL GAS MEN PLEASED.
Decision Making Injunction Permo-
nent in Ohio of Interest Here.

Auch interest was aroused in this city yesterday
when the decision of the United States Circuit
Court, in Columbus Ohio, concerning the price Of
electricity IN that city. became known. The City
Council Of Columbus recently ordered the CoIum-
bus Railway and Lighting Company to supply cleo
tricity TO the city a price OF not more than 1--WE
cents kilOwatt hour The company held that this
price was conhscstory, and obtained an Injunction
restraining the City Council from establishing such
price. This injunction was made permanent by
the decision OF the court handed down on Wednes-
day The evidence in the case. as tried showed
that the company could not make fair profit if the
price was reduced in accordance with the order OF
TIE City Council
OfhceTs Of the Consolidated Gas Company Of New
York were much pleased yesterday when they
heard the news, although they refused to speak
FOR publication owing the fact that they had not
seen the decision. and could not say how far it
would be likely TO affect the case now pending be-
fore the courts here. One prominent Official how
ever. although refusing allow his name TO be
used. said:
"As far can see the case in Columbus and
that now being tried here are very similar Judge
Laeom5e granted temporary injunction TO US
some time ago in our fight against the SO-cent gas
order. and Arthur II. Masten has been appointed
referee in the matter. We hold just as the Colum-
bus people did, that the price at which we are re-
CURED 10 supply gas is confscatory We cannot
manufacture gas and distribute it in New York for
50 cents. At present paying dividends OF
about per cent stock, and that is about
the least dividend that investors in industrial stocks
VIII be content with: People do not make any
1IIoHnces % Tor the peculiar nature of business
enterprises fire or explosion is liable TO eat
must os neoefy iey f be sTeer or dFs and profits
prepared 70 meet such emergencies.
Altogether We feel encouraged bv this Ohio do
ciEion. Ne feel sure that we can prove tfaT ne
EslIe imposed on rs IS confiscatory. and that the
s courts here viii hand down decision similar to
that given in Columbus
New-York tribune., 1906-08-03

DOMESTIC EXCHANGES.-New Orleans-COm-
rnercial 25c discount; bank. 81 premium. Boston
sc discount. ChicagO-1Oc discount. Charleston
Buying par: selling, &c premium. Cincinnati-Par.
savannah-Buying. a5c discount: selling, 75c dis
count Minneapolis-SOc premium St. LOuis-2ec
discount bid 1Oc discount asked san Francisco
Sight, 25ac; telegraph. SC premium.
BANK CLEARINGS-New York - Exchanges.
$751; s; balances, s2o6E41S6. Observation-Disclosures.
ST. 47s balances. 81. .4731SS Chcago-Exchanges.
1861 14s balances s22S2o3. Baltimore-Exchanges.
s55loOs7; balances. ST61.575 Philadelphia-Ex-
changes, SIS. .6a55 $50; balances. S8,O15,626
SILVER MARKET.-Bar silver. 6asac Mexican
silver dollars, EOl1c. Bar silver in London closed
at 20 f5-1Gd.
GOLD PRENIU1I-In Madrid. 112O: Lisbon. ESQ
MEXICAN EXCHANGE.-Mexican exchange on
New York Is quoted at 19SI5.
GOVERNMENT RECEIPTS.-Customs receipts
reported from Washington. 22S; internal reve-
receipts. S45.94S; miscellaneous recepts. $2S91
5sS. Receipts for the day. Sa6S5.74f; expenditures
S6sOoo. Receipts for the month 70 date S71ls 2ss
expenditures. 81. 100000 Of receipts. S2TS24
Receipts for the year to date. SSSEi7O99; expendi
lures, s1O21372l; OF expenditures SO,TS663.
SUB-TREAsURY.-The Sub-Treasury was debtor
70 the Clearing House H052.1S5
New-York tribune., 1906-08-03
London Aug. 2. p. m.-The market for Ameri-
an securities was weak. Last quotations follow:
sex dividend.

FOREIGN MONEY A1ARKET-Can money in
London. 2AQ2A per cent. Open market discount
rate for short bills. SaS 1-1S per cent; long bills
1-l6GSh per cent. Berlin discount rate Sh par
cent. Berlin exchange London. 20 marks 47a.
pfenngs. Paris discount rate, 21a per cent. Paris
exchange on London, p francs 151a centimes. Bar
gold in London. TOs 9ssd.
FOREIGN SECURITIES.-Britis consols for
money, 81 s-ls; for the account. 81 HE French
rentes. 81 francs S7l5 centimes
New-York tribune., 1906-08-03
he United States IN the month OF Jun. =,

the United States In the month Of Juna
3a.6s2.Ss2 pounds. valued at 81. .2a 5sl. axa,,'s
01s SIS pounds. valued at 500 ss3 for ~
month IN 1896. Total exports for ne tx4,ys nc
ended June were 46i ss.sl pounds. vsjnas ""aes
s74ss7 against 5sl. .3,z 20 pounds. va.ea :. q e.
os. for the same period q 1865 Aa-
CUT IN OIL PEgGCEs.-The ssarss-s u.
pany yesterday made the second rs,;-...- t's-
a week On crude oil. cutting Eastern v-,,.aa 'naa
cents and others thirteen. This rosl,--. -. ~
vania crude 90 s. s. The Producers ~ .,'s'-
Company independent met the cut. ~ -''F
also reduced the price Of refined ten - =;
reduction marks the low point Tor ~ 49,. f..
crude petroleum q
PENNSYLVANIA BIG EAaNrs,r;s-
Of the Pennsylvania system in the uo-.r :. 2
showed material Improvement. both i- 80
net. on the lines east and west OF prs---a a'e
receipts on the lines east of Pittsbur- -. =
s352ToO. whale net earnings increased S-s,. '-'a
qarisOn being made with the same ut-,,4
ago. on the lines west Of Pittsburr -, y
gain In gross Of S1396oO aud gain IN -. - -
100 Earnings in the hrst six months a. 81. "a a
were heavier than ever recorded in a co-7-z-c.
period.
NEW STOCK EXCHANGE l1ElRrn
La B. Homer. OF Homer & Henderson. PfiIs-.-'
was to-day elected member OF the ~ =
Stock Exchange. taking the place Of I. A 60.
no ST. PAUL MEETING.-TEe prop5ssl -.
OF the executive committee Of the Cbf..,- ~
waukee & St. Paul Railway Company was ~. - :"
yesterday. because Il was Impossible 70 sar..
quorum.
PEOPLES GAS DIVIDEND.-The Peo-rs,s r.
Light and Coke Company OF Chicago. has -
a quarterly dividend OF Ia per cent. payai- i
August l.
RUBBER GOODS DIVIDEND.-The GI-s-.--,
the Rubber Goods Manufacturing Comna-- -.
declared the regular quarterly dividend o. ~ J.
cent on the preferred stock.
New-York tribune., 1906-08-03
Financial.
INVESTORS READ
The Wall Street Journal
Di0idenG Notices.
OFFICES OF THE
ERTE RSH ROAD COMPANY

ERIE RAILROAD COMPANY
New York. August I. 1905.
fATA MEETING HELD THIS DAY THERE
were declared out OF surplus earnings to June
30 1905 seni-annual dividend Of two per cent upon
First Preferred capital stock of the Company payable
September 9Th 1905 stockholders record at the clos
fng of the transfer books August nth 1906 and q
dividend per upon the Second Preferred
ffal stock two per cent payable 9th. 1906.
stockholders closing the transfer books
September I1th 1906 payable April
9th 1907 stockholders Of record the closing Of the
transfer books March 18th 1907
payment oe such dividend the First Preferred
capital stock the transfer books the First Preferred cap
ftal stock viii al p NJ. the 17Ih day OF
August 1906 viii be feopened 10 \. n. the
eth day OF September. 1906
For the OF the first istalent Of two per cent
second capital stock the transfer books
of Second Preferred capital will
p II. day September 1906. and will be
reopened AZ 20 A. IL the 10th day OF October 1905
payment instament Of per
Second Preferred capital stock the transfer books
Preferred capital will be closed
P. ~. 18th day Of March. 1907. and will be
opened 81 10 A ~. On the 10Th day Of April. 1907.
ERIE RAILROAD COMPANY.
BY DAVID BOSNIAN. Secretary.
New-York tribune., 1906-08-03
GOVERNMENT BONDS,

The following shows yesterdays closing quota
tons for government bonds. compared with
Wednesdays:
New-York tribune., 1906-08-03
MINING.
MONEY AND EXCHANGE.

MONEY MARKET.-aIOney on call opened at %
per cent; highest SA per cent; lowest pa per cent;
last loan, 2A per cent; close. 24Q25 per cent; ru
ing rate 25h per cent. Time money was quoted az
q per cent for sixty days. ft4d4ia Per cent for
ninety days, AZ per cent for four months. per
cent for five months. and 51zG6 per cent for six
months. Commercial paper was quoted at 5Aq5ia
per cent for sixty TO ninety days. S1G5s per cent
for four 20 six months and per cent for others.
FOREIGN EXCHANGE.-Alarhet closed firm.
Actual closing rates follow
New-York tribune., 1906-08-03
sUnlisted.

Closing prices of active bonds dealt in. with
New-York tribune., 1906-08-03
BALTIMORE STOCKS.

FURNISHED by Van schaick & Co. No. Wall street,
MA
New-York tribune., 1906-08-03
BONDS.

sOdd Iots. fsens eenIs - shaFe.
New-York tribune., 1906-08-03

BoSToN CURB MARKET.
reported by J. Thomas Reuharat. No. i5 Wat So
New York and No 10 Exchange Plaee Aos,eAt
New-York tribune., 1906-08-03
AMERICAN SECURITIES ABROAD.

SEX interest.
New-York tribune., 1906-08-03
BOSTON STOCKS.

Furnished by r. L. Day Co. No Nassau s''se-l
AUG. I. Aug 2 Aug Al
New-York tribune., 1906-08-03

l,aol,32l Total sales toE INC day. 'unl!sted
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07
COTTON MARKET DECLINED
ON LIVERPOOL FIGURES

NEW YORK. Jan. 6-The cotton mar
ket broke sharply today. starting with
a decline of five to seven points at the
opening on general liquidation and end
ing weak at the bottom at a net decline
of twenty points throughout the list of
options, with March on the basis of II 4
and May I1.55 and July 11.62. This break
was the result of weaker markets at
sociation's recent reports having been
admitted to have been erroneous and a
farce.
Spot cotton here was weak and the
price was reduced ten points TO the basis
OF 1024 cents per pound for middling, and
nearly all the Southern spot markets
were reported Is lower.
At Liverpool spot cotton declined four
English points TO the basis of 6s l9d for
middling, and spot sales TO spinners fall
ing to only 1000 bales, against receipts
of SO, 200 bales, of which 30 900 were of
American product. Futures there were
weak from the start, with general SELL
ing, and closed weak, with a net de-
cline OF six points on the near months
and three to four on the later options.
The United States Census Bureaus re-
port covering the amount of cotton
ginned up 90 January 1. which is due
TO come out at O'Clock Tuesday after
noon, is now being awaited with great
interest in the trade. The days prices
We're as follows:
January, u.l9q1L22: March. 1s111I. e:
May, 11-54Qu.56 July, n62G1163 The
market closed steady,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07

Persons friendly TO the securities OF
the Washington Traction Company do
not hesitate 10 say that much OF lhe
selling Tor the past month has been
done by interests not entirely unbias-
eu IN their motives as IL has beetl
accompanied by statements not favor
able 20 the value either present or
prospective, of the property. Last
spring. when the stock and bonds were
having a strong upward movement,
there was only one expression 10 be
heard. and that was Of the most favor
able kind. Latterly a very decided
change Is noted. and IL Is somewhat OF
a surprise TO hear the note of dis
cord, which rings out TO disturb the
entire harmony that so recently exist
ed Banks, which a short time ago
were not unwilling TO extend unusual
Accommodations TO buyers OF The stocks
and bonds OF this company. are re-
ported TO have reversed their action
and declnied 10 make loans on them
al all, although not averse TO fur
nisning accommodation on other securi-
ties. There Il, however. a growing feel.
ing OF commence among holders and
predictions OF much higher prices are
quietly heard IN many quarters.
While there appears the usual lack
or buyers in the market consequent
upon the closeness Of money rates, IL
- equally true that there are but few
sellers. Trading on the local board is
largely confined TO the professionals.
as the commission business Is reduced
TO small proportions and prices are cas-
iy moved either way without encoun-
tering any vigorous resistance. As there
has been little selling BY actual holders
OF securities. the attempts made 20
force the prices down are proceeded with
somewhat cautiously. All the indic3-
tions for good times during the present
year appear favorable and with the
early settlement OF the money question.
which is expected IN the near future.
prices should SIN further acrance, IS
the opinion expressed by a majority OF
conservative brokers
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07
NEW YORK STOCK MARKET.

reported by W. B. Hibbs & Co. l4Is F
street. Members New York Stock Exchange.
Shieago Board Of Trade. and Washington
Stock Exchanged
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07
LONDON MARKET
DULL AND STRONG

LONDON. Jan. Grading on the
stock exchange generally was quiet and
uninteresting. There was a fairly good
undertone. Consols were supported, and
some rails were irregular.
Americans opened strong at we'll above
parity, Union Pacific and Southern Pa
eific being the features. The dealings
were moderate. Prices closed firm, but
below the best quotations OF the day.
Foreigners We're dull and neglected.
Copper stocks were buoyant. Anaconda
was active. Money was plentiful today.
the short loan indebtedness TO the Bank
or England being Cancelled. Heavy bills.
however, are still outstanding. and sup
plies are not likely TO be superabupdant
in the immediate future. Discounts
were steady
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07

The frst selling OF the rights 20 sub
scribe 10 the stock of the new Security
and STORAGE Company. which will take
over the plant now owned by the Amer
lean Security and Trust Company. was
the cause OF much surprise and. Il may
be added. qualification 10 the officers Of
the latter company at the very high
prices secured. Every owner OF twenty
shares American Security and Trust
stock Is entitled to subscribe to one
share OF the new stock ard as the
''right" or privilege started Of by bring
ing 50 per share. 1t represented a price
equal to $50 per chare for the new Stock.
As the circular t. the shareholders stat
ed the new company would be able TO
earn 3 per cent on their capital, this
would give a per cent return TO buyers
OF rights at g. The selling became rather
more pressing as the week advanced
and the price was allowed 20 drop away
20 take up the odds and ends offering.
Little Willie was our darling
Pride OF all our hearts and home,
Little Willie bought some Lanston
Waits IN vain the boom" 10 come.
From Poems OF expectations by ". J.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07
IN THE WORLD OF FINANCE
WASHINGTON STOCK MARKET

Sales of the board including after call
amounted 10 $500 in bonds and 1875
shares of stock.
Following are tho sales and quotations
or tOday's market
Washington Street Railway As 81 600
9Slss. Sl.000uSIas. $5001S7H
Metropolitan Street Railway 5's, 8, 000
d11T1z
Capital Traction. 10d14s1k, 5Ca14s1z.
Washington Street Railway preferred
59ge9ss, $3.50. 50ds9ss, 25d90 5oq90, 5O@
sos, 50190A 50d90ss.
Washington Street Railway common.
25Q42iz. 5@43.
american Security and Trust. l0d2S7,
5d2S7. 5Q2S7As
American Security and Trust Rights
l0q21z, 6a21z. 14q21z. 12Oq21s. 6OQ21k. 100
@25z. l00az1s. 22oq2i4. 10O4211. sa21z,
Metropolitan Citizens. l0a3f, 10a3A,
l0434. 10a341. l0a341. I0l3401I
American National Bank. 1091S0A, lo0
1908
Lincoln National Bank, 5dI50.
Chesapeake and Potomac Telephone
25455. 1906. 1916. sass. 10G55. sass.
Washington Gas, i8pe0,
Mergenthaler. l0119IH 5Qfl9lh, 5GI9iL
loQl9l1z. lGgl9l1z. 10q191lz. 5Q191z, 10d
1919. 1Oul91iz. 1qIa1N.
Lanston. 100Q14.
Greene Copper. 100Q30K.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07
JAMES ]. HILL
WILL NOT RETIRE

In an interview in New York ysster-
day, after his return from a trip 10 the
South, James J. Hill, president OF the
Great Northern Railroad denied that he
intended TO retire, at present, anyway.
| There comes a time in the life Of
everyone" said Mr., Hi, when he has
to retire. but my time hasn't come yet"
On all other subjects Mr.. Hill was diplo-
matically reticent. and his future plans
were not unfolded.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-01-07

The good old Mother of States has
furnished Washington with a number
Of very excellent citizens along the lines
of business endeIvor, who have early
made their impress upon the community
and rapidly made their way into public
confidence by the possession and exer-
else Of those qualities which are so
promptly recognized in the business
world
Among the latest OF these who nave
found in this city a wider field for their
usefulness In A. G. Chaplain. cashier ,:
the new National City Bank. and for
more than a year previous the efficient
cashier OF the Merchants and Mechanics
Savings Bank. two of the latest candi-
dates for public favor.
Born in the good old county OF Lou
doun, Va. where they raise fine horses,
fine crops. and al .zeellent article OF
man. Mr.. ClaFha-a 90 Leaving college
became connected nth the Leesburg
Fire Insurance Company as secretary.
remaining several years. and then Ieav-
ing 10 accept a responsible position with
the Leesburg National Bank In 1895
in connection with r. H Lynn. now Of
the American Bank. Of this city. he or
=
and after four years had managed that
institution so successfully that he was
able TO dispose OF his stock at $3.50 per
share, when he decided TO remove to
Farmville. Va, and assist IN establish
ing the First National Bank OF that
place. After something over three years
of success he disposed Of his holdings
At a good premium. and came to Wash
ington 10 ind larger field for his abil-
tiles
The success and prosperity Of the Mer-
chants and Mechanics Savings Bank
are matters OF public history. for which
much is due to his excellent efforts. AS
cashier of the new National City Bank
he brings a wide and varied experience
and a knowledge of banking that will
be of great value 10 the new venture.
His personality is Of that pleasing
manner which is so characteristic OF the
Virginia gentleman and will serve to
make him deservedly popular with the
customers OF the new bank