davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1906-04-02
Wisconsin English


Miss Katherine Van de Velde, who
gave program in the honor of George
Washington's birthday and the last
day of school being today, was held
in the town hall last week. Miss
Louise Zoeliner's school closed today
with program consisting of dialogue
and comic speeches to be held this
evening.-Fond du Lac commemorative.
Many persons tainted at the open
ing night of grand opera i'll Baltimore.
Many'll faint here, too, when they
learn that seats for our one night of
it will be 81 per.
A Fresno man wants a divorce be-
cause his wife threw hot biscuits at
him. He ought to be offering thanks
because he's alive.
Speaker Cannon recently gave it as
his opinion that God only knows what
congress will do" Isn't this pretty
modest for "Unclc joe?
Los Angeles herald., 1906-04-02

Down east a young man dropped
dead sleigh riding. The girl doubt
less insisted upon riding an additional
hour, at $40 per hour.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
FINANCE AND TRADE IN
MARKETS OF THE WORLD

of cash which would not be overcome
through a contraction in loans and conse-
quently a reduction in deposits and in re-
serve requirements. The cash loss was
SIS, 800, or very much In excess of that
which was estimated upon the basis of the
traceable movements of money, such esti-
mates indicating a loss of 3-S millions
The discrepancy between the estimated and
the officially reported decrease In this item
Is not easily explainable; possibly it may
have been due to the bringing over into last
week of losses sustained in the previous
week that were not fully reflected in that
weeks statement. Deposits were reduced
ST., 069,6O This amount Is greater by
$9i5,600 than the sum of the contraction in
loans and the loss of cash. and therefore
the statement failed to make a good proof.
The required reserve against general de-
from the loss of cash left 81, 563, 800 as the
reduction in surplus reserve to S1,514 ,125
deficiency.
Computed upon the basis of deposits less
those of SIG. 264, 700 public funds+which, it
may be observed, decreased S2,597 200 dur
ing the week. and 81 377 800 since October
2-the surplus is So, 552, 050. Loans were
contracted 1892, 700, indicating reduced
local borrowing and, as has probably been
the case in previous weeks, the transferal
to trust companies of replaced foreign loans
that have been liQuidated abroad. The
excess of loans over deposits last week was
SAG, 743, 100. or nearly ten millions more than
In the previous week, making the greatest
for many days.
The daily average of bank clearings for
five business days of the week was $685.
100000. against $3.50 100000 In the previous
week; clearngs on Saturday rejecting rri-
days business, were S341 466, 1878. Compare
sons of loans of individual banks show that
six institutions lost 1-3 millions net; eight
banks decreased loans by As millions net.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
GRAIN MARKETS.

CHICAGO, November 1O-The local wheat
market was held steady today by the con-
tinuance of small receipts in the northwest.
At the close wheat for December delivery
was off Is. Corn was down u. Oats were
a shade higher. Provisions were q shade
to 219 lower.
Trading in the wheat pit today was quiet
and the bulk of business was in the May
option. Receipts at Minneapolis and Duluth
were again considerably below those for the
corresponding day last year, and the total
primary receipts were about 20 per cent
less than for the same date. The total
worlds shipments and the amount of
breadstuffs on ocean passage, 1t was
predicted will each show decrease
for the week. All these factors had
steadying influence on prices. An
increase in winter wheat acreage, as indi-
Gated by the report of q local crop expert,
induced some selling by pit traders late in
the day and caused a slightly easier feel
ing. The market however closed steady.
December opened Is higher at 1915. sold be-
tween 727s and 73ha73$ and closed at 72A.
to 10000. Primary receipts were $4,000
bushels. against 10000 bushels for the
corresponding day one year ago. Mime
apolis, Duluth and Chicago reported re-
ceipts of 67S cars against 514 cars last week
and ,0S5 cars one year ago.
Selling of the December delivery by cash
houses against purchases from the country
caused an easier tone in the corn market,
although prices changed but little. Trading
in general was light, and the close was
steady. December opened unchanged to Il
higher, at 42as to 421a sold off to 42A and
closed at the lowest point. Local receipts
were 341 cars, with 81 of contract grade.
Oats were firm all day because Of an
active demand by commission houses and
local bulls. Selling was chiefly by longs,
but offerings were not large. Small re-
l;x-alx nd md on
official forecast of unsettled weather in the
middle west were strengthening influences.
December opened IS higher, at 345sa34A,
sold between 341a and Ban and closed at
343s. Local receipts were 100 cars.
The feature of trading in provisions was
the purchase of 5000 barrels Of pork for
May delivery by prominent commission
house. This had tendency to hold prices
steady early in the day, but later realizing
sales caused slight declines. At the close
January pork was a shade lower. at 14.121sa
14.15. Lard was 21aa5c. lower, at g. 45aS. AN.
Ribs were 2A lower. at 1.6O.
Estimated receipts for Monday: Wheat,
81 cars corn, 1923 cars; oats. 245 cars; hogs,
"a 900 head.
MILWAUKEE. Wis, November TO-
Wheat-No. 1 northern. 7sasO; No. 2 north
ern, 75a771a; December. 72% bid
Rye-No. 1, 66laa67.
Barley-No. 2, ssh; sample, 41a55.
Corn-No. 3, cash, 4612a46&; December,
42A asked.
DULUTH, Mimi, November 10.-Wheat-
No. 1. northern, 775s; No northern, 76hs
November, Il; December. 74s; May IS;
July, 1874.
MINNEAPOLIS; November 1o.-Close:
Wheat-December, 74as; May, -779sa75A
July. 1875; No. hard, 1875: No. northern,
779s; No. 2 northern, 757s; No. northern
721aa7312
F7lour-First patents. 42Oa4.3O; second
patents, 405a4.15; first clears, 3.25a335
second clears, 2.40a2.6O
Bran-15 75a160O.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
HEARD ON CHANGE

No marked improvement in the market
last week, as compared with the preceding
week, was noted. Gas stock became a spe-
cialty and was the subject of active trad
ing, and an advance was made of more than
two points. Exactly what the meaning Of
this movement was and why it took place
does not seem to be clearly understood.
1t Is thought, however, that no great
amount of stock was brought out and that
to some extent at least the movement was
what is termed professional. According to
the current talk on the subject. tho tend
ency in this stock of recent date toward
lower level was at first attributed to the
belief that block was about to come on
the market, and the traders wanted to pro-
vide low level for its reception.
When the advance set in brought about
in the course of a couple of days trading
ii was surmised that block os the stock
the purchaser pay as good price as pos
sible. However, these are only the run.ors
that are heard and may not have any SUBJ
stantial foundation. The fact remains,
however, that Gas stock at the end of two
days trading was quoted higher by more
than a couple of points than 1t was beforc.
The lack of interest In the market gener-
ally continues. with no prospect of a change
as far as can be foreseen by those who
are interested. An explanation of the con-
dition is that 1t is due to the scarcity of
money.
In that event, the complaint is not local
one, as the same thing Is heard in the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11

ment more than disappeared. the final rates
marking a net loss of point. The in
activity in foreigners was caused by the
Indifference of Paris. Russians had firm
market early in the week, but fell away
later. japanese attracted some investment
purchases. AT the week end money was
scarce, owing to repayments to the Bank
of England. Discounts kept very firm with
the view Of assisting the bank to protect
Its reserve and secure gold arrivals. The
hope prevailed in Lombard street that Sec
rotary Shaw would relieve the situation
in New York by further deposits, as gold
exports from London to America would
undoubtedly mean another advance in the
Bank of Englands rate of discount.
Money was much wanted in the market
today and the supplies were limited. Dis
counts were firm.
Trading on the exchange was on a small
scale. but the quotations of both securities
~were firmly maintained. Foreigners were
active Russians were a shade harder.
Americans started steady, but the trans
actions throughout the session were small.
Quotations scarcely moved above parity.
The market closed dull and hesitating.
Kaffirs were fractionally harder.
Japanese imperial skies of 1904 closed at
10OA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11

suit of these conditions increasing attention
is given to the swelling expense account In
the conduct of productive industry. Inc
comprehensive increase announced by the
Pennsylvania in the wages of employees and
the widespread demands made upon other
railroad systems all over the country indi-
cate that the tendency is general
The reduced proportion of Increases of net
earnings compared with gross increases re-
ported by railroads is another item of the
demonstration. Heavy additional capital
for consumption are also the order OF the
day. The financial community takes note,
as we'll, of the progress of measures for the
restraint and regulation of the activities of
capital and of corporations. Incidents
which bring this tendency into prominence
exercise perceptble restraint upon stock
market activity.
Bonds We're dull and heavy.
United States Is and the new As have
advanced u per cent call during the
week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
LONDON STOCK MARKET.

LONDON, November 1O.-The weeks trad
ing on the stock exchange was small, with
early dizziness followed by a steadier ten
dency owing to the somewhat better money
outlook on the Bank of France releasing
gold for Egypt. But quotations were little
changed. The monetary stringency still
acted as check to speculative activity
as well as to investment purchases, and al
though the gold reserve of the Bank of
England showed material increase and no
change was made in the bank rate these
influences were used to stimulate business
and only had slight hardening effect on
British securities generally The elections
IN the United States did not have the
anticipated effect in causing increasing ac-
tivity in American rails. Prior to the cleo
tons moderate covering advanced prices
slightly, but after the elections New York
sent selling orders, which disheartened the
local operators. and with dear money
checking new ventures the early improve
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
No Ice rrust. Court Rules.

KANSAS CITY, Mo-, November 10.-No
ice trust exists in Kansas City according to
an opinion filed today in the circuit court at
Independence by w. s. Flourney, appoint
ed special commissioner to hear the evil
dence In an investigation brought last July
against eight local concerns. which. it was
charged, had formed combination or
agreement to control the supply and price
of ice contrary to the antitrust laws.
I. B. Hinbrell, the prosecuting attorney
who pushed the cases, said today: 1--WE
are of the same opinion still concerning the
existence of an Ice trust in Kansas City
Exceptions to Mr.. Flourney's opinion will
be fled
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
NEW YORK BANKS.

NEW YORK, November 10.-The Finan-
cier says this week:
The official return of the New York as
ISOLATED banks last week showed that the
expectations, which were entertained early
in the week that the surplus reserve would
be extinguished were realized; the state
ment disclosed a deficiency in the reserve
against general deposits of Sl,514,125 1t
may be noted that this deficit is the small
est of the year. that which was recorded
April being $2,5eO,6 26. while that OF Sep
TENDER was S6,577 ,925. A year ago No
vember II there was deficiency of 50. I2S.-
500. and again on December 8 a deficit of
S1.246.525. Evidently the present efforts by
the banks to prevent the deficiency last week
were unavailing because of the heavy loss
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
NEW ORLEANS COTTON.

NEW ORLEANS. La, November 10
Cotton-Spot closed quiet u lower; mid
ding, 97s. Spot sales were $500 bales
with 1900 to arrive
Futures opened barely steady, IL to Ii
points lower, continued favorable
weather and large receipts Bearish inter-
ests kept up their hammering at the market
and the close was barely steady, IL to II
points under Fridays close.
Cotton futures closed barely steady. jan
uary, 9.49; February. 9.57; March, 96S:
April, 976; May, 9.S3; June, $50; July, $685.
November, 9.29; December, 9.41.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
NEW YORK IMPORTS.

NEW YORK, November 1O-Total inn
ports of merchandise and dry goods at the
port of New York for the week ending No
vember were valued at $14,S7O, 4S1.
Total imports of specie at the port of
New York for the week ended today were
sl2, 424 silver and s252 POI gold.
Total exports of specie from the port of
New York for the week ended today were
$492, TO silver and SIT 600 gold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
NEW YORK DRY GOODS.

NEW YORK. November 1O-The dry
goods market was steady and quiet today.
Linen damasks have been further ad-
vanced. Oilcloths have been advanced.
Burlaps are firm. and jute products gem
orally are steadier. Fine cottons are be-
ing sold in great quantities for delivery into
1905
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11

that very wealthy Englishman who wrote
ITO Mr.. Hill for advice in the investment of
a large amount of money was informed
that Mr.. Hill knew of no better invest
ment than Northern Pacific. 1t was then
selling very little below it's present price.
1t is said that Mr.. Hill has told some of
his friends that they will receive during
the next five years as much profit from
their Great Northern stock as they have
received in the past twenty years.
X
The 10 per cent increase in wages on
the Pennsylvania railroad Immediately fol-
lowing the increase of the dividend on the
stock from 6 to per cent is one Of the
many indications of the country's pros
perity, on which the bull crowd in Wall
street bases its hopes for higher prices.
The iron trade, too, Is going along at a
record-breaking pace, and every day or SO
one hears of some new record in the iron
trade being made.
American operators have invested largely
in calls in the London market extending
over the end of the year. This Is a very
popular method of speculation among the
big operators. The English spectators
usually buy calls on a stock as an insurance
against a short position in the market
stock. The plungng Wall street specula-
tor, however, uses the London option as
an independent speculation. If he thinks
that steel common is going to have big
rise during the course of three or four
months he buys calls on the stock in Lon
don. This helps the market here, because
the London seller of calls almost invar
bly, goes into the market and buys half
the stock against the call One of the big
gest coups made in this market in a quiet
way was several years ago, when John W.
Gates bought calls in London on 80, 600
shares of Union Pacific and cleaned up be-
tween 100000 and $3.ovJ,OOO. Some Of
the big operators in New York have ac-
cumulated big line of London calls on
steel common and the Hartman Pacifcs
There is a large bull account in steel COM
mon. and some pretty big people are look
ing to see it sell Is or 20 points higher
They must base their position on the ex-
pectation of an increase in the dividend
rate. AS per cent industrial 1t Is GER
tainly selling high enough now. If it is
going to pay 4 per cent, 60 might be a
reasonable figure for 1t.
X
Wall street is all stirred up over the
boom in mining shares on the curb. New
mines are coming out almost every day
and every Tom, Dick and Harry is making
a fortune, or expecting to. The enormous
rise in Nipissing, the Cobalt bonanza, has
stirred up the mining promoters, and they
are bringing their wares to Wall street as
fast as the trains will carry them. 1t
is doubt true that Wall street has not
given the encouragement to mining that the
industry deserves. 1t is just beginning to
realize this, with the result that 1t is trying
to make up in one year for it's omissions of
the past twenty. This mining boom will.
no doubt collapse just as others have,
but 1t will attract capital to many worthy
ventures, and, no doubt, make fortunes for
many people.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
GRAIN EXPORTS.

NEW ORLEANS, La, November TO-
weeks exports: Wheat, 155749 bushels;
corn, 241, 245 bushels; oats, Il, 25O bushels;
flour, Il, S15 sacks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
GOLDFIELD, New, November 6.

larger market of Wall street, as is mani
tested by the rate OF interest, which has
advanced again. There Is no change in
the interest charges here, but it is also true
that speculative ventures are not encour-
aged by ease in procuring funds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
FOREIGN BoURSES.
BERLIN, November 1O.-Trading on the
bourse today was dull.

PARIS, November 1O.-Prices on the
bourse today were stationary. Russian
imperial tours closed at 74.2O and Russian
bonds of 1904 at 10000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
English Bank Reserve.

4. The Strengthened condition of the London
money market and the depleted condition of
the 1 nix of England's reserve have been
.,,hiao.s 90 Ioa ..ou.; -,
ioi 'e'ei al
"eehS' EdIlS III tue week the impression
got abroad that the official discount rates
would be advanced in London this week
owing To the faiIure hitberto Of the a nor
cent rate to effect any remuneration in tbe
banks condition. But the weekly state
ment OF that institution disclosed that a re-
punishment of it's cash reserve had begun
at last.
This process was recopnizad as essantia1
I'm order to prenare fnr The usual vear-end
requirements of the hank Public exnres-
sious of financial oninion in Tondon Irga
the necessity OF n reduction in loans in
London on American collateral 10 further
the relief of that money market Tho Lon
don Statist asserts that the transfer NJ
loans from London 70 NeJv Yor,, or tba lac |.
stock market sattIarant vs. of,sa+ b., o.
opcning OF fresh accounts and says.
.I1 il essartiaII,- racassary 49, hoeo-o
tho newt settlement co,nes ON tba hr,or;ea's
account sbouId he natariaIII, raSrnad >,
PREVIOUS Statements Explained.
,rho ....,.... a., ,,.
9oN'ie'iieh' mus ihuicdteu occurs next
week Inc upward course OF sterling eX-
change in New York this week is evidence
that the process of reduction or Anar,o,,
accounts in Jo,dor 10 .o,rc, ~, IT,, oo,'.a
" ii - sums oi- Inc course
oI tue !ocaI money market corroborates the
suppos!tion that borrowing is going on also
TO take up securities closed out I'm London
at the last settlement and which have been
arriving in New York this week
The loan account of the New York banke
had not up To last week reflected any effect
from this transfer of borrowing from Lon
don to this market. The large reduction
loans of the New York banks shown by the
two bank statements preceding that of TO-
cnSia~tre 1er me S suoJec' 81 ,ne puzzled
sumed that the loans were taken over by
tAe trust companies and private bankers
re -" Is 10 III iiVi i ,ne clearing mouse
arriving securities from london had nv,
ye: appeared in New York accounts. Ii
the one ease the inference would be that
iocri cTcits anS IN IN So oren ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-11
Industrial Activity

! Ali trade and industrial reports continue
TO show the high pressure of activity at
which the countrys business is running
Scarcity of material for production. incIud-
ing a practical famine in the iron market,
car shortages and freight blockades are the
conclusive Items of the evidence. AS a re-
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09

The Washington & Columbia Rivei
Railway company announces special
excursion rates from all point on that
line as follows: -..
To Chicago and return, GA; st. Louis
and return, $50; st. Paul and return
$3.50; Duluth and return, $3.50;
Sioux City and return, s52.50; Omaha
and return, $3.50; Council Bluff.
and return. $3.50; st. Joseph and re.
turn, $3.50; Kansas City and return
$3.50. Tickets will be on sale June
4, 6 Z, 2S and 25; July 2, 3; August
Z, and s; September s and 10. Tickets
limited going to 10 days and return.
ing 80 days from date Of sale. Stop.
overs will be allowed within limits
west of Missouri river and st. Paul
For full information call on or ad.
dress WALTER ADAMS, Agent.
S. b. CALDERHEAD, G. T. & p. A
Walla Walla, Wash.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09

w. r. BLANKENSHIP--P
and Surgeon. Office, rooms 17-1S
Smith-Crawford building. Phones:
Office, black 3261; residence, black
2902.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09
VIII Reduce Water Rates.

The Northwest Light & Water COM
pany has decided to cut in two the
present minimum rates for water, or
in other words, will make the mini
gallons instead of 5000 per household
This rate will go into effect from
April /, 1906. and be effective till Sep.
tember 30, 1905, and each year there.
after during that period.
The new rate will apply during the
irrigation season; but during the win
ter months the minimum rate will be
for 5000 gallons per month. The
company is making out its bills fol
April and will take cognizance Of the
reduction and will give the people the
benefit of it.-Yakima Republic.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09
EIGHT PAGES.
s......ss......e.........s
A ST. Francis Hospital at Klamath

: The Sisters of st. Francis of Pen
dleton, Ore, who were here last week
and invested in school and hospital
sites, and also farming land, have de-
cided to open a temporary hospital in
klamath Falls some time in the
month Of July.
This movement on the part of the
good sisters should meet with the ap-
proval and announcement Of not only
the people of klamath Falls, but Of
the entire klamath county. DH
The people of this section always
appreciate a good thing, and the en-
couragement that will be given to the
sisters and their institution will make
them and 1t n permanent factor In the
growth and prosperity of our coming
city,-Klamath Falls Express.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09

DIR. r. ]. RCCKMAN. DENTIST
Located at Milton. Makes weekly
trips to Athena. Athena office with
Hayes & Craghead.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1906-05-09
"THE CALIFORNIA GIRLS"
Excellent Burlesque Company Coming
- On May II.

Excellent Burlesque Company Coming
- agl May II.
The bill for the Frazer theater on
Sunday, May 13. is The California
Girl combination of beauty and
cleverness seldom equalled on the bur-
lesque stage.
ExtravaganZas that combine theat-
rical stagecraft, with personal dra-
matte aud vocal ability, the kind that
keeps one doubled up with laughter
that stirs ones risibilties to the high
est point, that kind that amuses and
instructs are on "The California Girls"
program.
All these extravaganzas are prop
erly staged. and costumed and pre-
sented with a careful regard for ac-
curacy, for beauty and for geuine en-
tertainment.
The vaudeville acts, accompanied
by appropriate music, are among the
very best that have been seen this
season, and are those that have been
seen in the higher priced vaudeville
houses. OF those who assist I'm the
evenings production are the four
thoroughbreds, Ross & Adams. Helen
Russell, Edna Wells Evelyn Fonner
the Amatos and others.