davidaulloa/AmericanStories huggingface dataset:
The Brinkley argus. (Brinkley, Ark.) 1883-current, 1906-02-23
HOLLY GROVE NEWS.


ally. In last weeks letter told Ly-
curpus that the national debt was over
two billion dollars and that the civil
war cost six billion and five hundred
million dollars: and wrote many other
things am sorry were lost Well.
all Is we'll that ends well.
r. S. Trotter moved to the Trotter
farm on the Lake last Friday Hope
they will be pleased with their change.
Arch Lair had spell Of chills last
week but he has them broken up.
Judge T. G. Trice went to Cotton
Plant last Thursday.
Mrs. DR.. Chunn has sister and =
niece visiting her at this time.
DR.. Carter moved into the Willie
Mayo residence last Monday.
Ed Patterson made. a business Trip
to Pine Bluff last Monday.
DR.. r. W. Carter made business
trip to Little Rock last week.
lanes T. Williams, Of near Pine
City, was trading in H.G. last Satur-
day.
Judge Milwee, Of Clarendon, at
tended some business matters south
Of H. c. last Friday.
Mrs. Dr. johnson was confined to
her room and bed few days Of last
week.
Capt J. T. Graves, Of Whitley.
was attending business in H. G. last
Tuesday.
MIR. and Mrs. A. K. Roberts made
flying trip to Clarendon on the local
last Monday.
J. A. Wall attended business down
among his mills near Rag Town last
Monday.
The n. G. people have done lot Of
gardening and some plants are up and
locking green.
Joe McManus, Of Clarendon, made
a business visit to H. c. last Monday
evening
Esqr. John M. Kerr attended
Chancery Court at Clarendon last
Monday,
Mrs. Orah johnson. who has been
on the sick list for the past week is
convalescent.
The H. C. school enjoyed the
Washington birthday celebration &C.
casion on the night Of the 22nd.
Messrs Bob Hall and J. f. Will
hanson went to Clarendon TO hear
Gov. Davis last Wednesday.
Mrs. Olivia Washington is spending
part Of this week at Whitley with Mr..
Willie Mayo and family.
Henry Helm died at his fathers
home on the Redmond farm last Mon
day night and was buried Tuesday.
Mrs. w. F. Branch, who spent
few days OF last week in Memphis.
returned to her home In H. G. last
Monday.
j, B. Cobb. OF Widener, St. Fran
els County, was in H. G. last Tuesday
and renewed his subscription for the
ARGUS for another year
MRS. J. w Renfro. who has been
on WISH " IlCf IIOilICtOHAo III FCtii~
phis for quite awhile, has returned to
her home in n. G.
D. B. Renfro. ST.. left on the local
last Monday on his way to Memphis
where he will buy car load OF mules
10 supply the demand OF mules around
n. G.
The w. o. w lodge Of H. G. is
trying to organize Brass Band and
will call on their friends in n. c. for
financial aid They hope soon to be
able to get it up.
Owing TO H. G's letter being lost
last week, only two correspondents
had letters in the ARGUS last week
Lycurgus and cur new friend from
ConnelI's Point. whom we gladly we.-
come TO our ranks
We are not sure of the fact but we
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
WALL STREET AND EXCHANGES.

FOREIGN TRADINCT.-FOFeign houses dealt IN
oDIv a few shares in the local market. sales and
purchases being about evenly divided In London
the general market was steady. without important
changes in quotations. The Bank Of England's
minimum rate OF discount remained az per cent,
the weekly return showing an improved condition
as compared with the recent past. In Berlin dis-
count rates fractiOnally lower. also exchange
ON London. while in Paris money was higher.
To DELIVER ACKNOWLEDGEMENTS
ITAN CERTIFICATES.-Notic Is given TO the
holders of the Morton Trust Ccmpany's de-
post receipts f7r stock OF the marlborough
Rapid Transit Company voting trust GER
tihcates), the Metropolitan Street Railway Com
pany and the Metropolitan Securities Company
that Monday next the trust company will be-
gin the delivery OF engraved securities OF the
1nterbOroush- Metropolitan company upon the sur
render of the deposit receipts. The collateral
"a per cent gold bonds will be issued In either
coupon or registered form. the coupon bonds be-
ing in denomination OF $780, and the registered
bonds in denominations OF 5000. 5000 and $4,000.
Scrip (Which will not carry interest OF dividendS)
will be issued for fractional amounts OF bonds and
voting trust certificates for common stock which
scrip will be exchangeable for engraved bonds or
voting trust certificates for the common stock as
tho case may be. when surrendered and presented
with other like certificates In amounts aggregatins
$l.OOO or a multiple thereof. in the case OF bond
scrip. and 500 a multiple thereof IN the case OF
scrip for the voting trust certificates for common
stock The trust company viii furnish blank
fortas' Which should 90 used IN making application
for the exchange OF deposit receipts for the new
securities.
GOLD FOR SAN FRANCIsCo-The Sub-Treas-
uTy transferred local banks yesterday g 900
TO San Francisco Repayments by the banks 60
the government for advances made on gold en-
gagged abroad amounted 20 100000 In their OD-
eFatiOns with the Sub-Treasury the banks have
lost since Friday night upward OF Sl2O00Oo repre-
seating in great part the return government de-
posits
SHARP DECLINE IN TIN.-Priees Tor tin suf-
fered a sharp decline yesterday both In London
ana New York. The loss apparently due 90
the collapse OF the socailed corner. The bull cam
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
A SUGAR TRADE WAR?

1t is said in sugar trade circles that the belief IS
general that this weeks cut in refined sugar prices
marks the beginning of a fight between the Western
Sugar Refining Company. in which the American
owns a half interest ard the California and
Hawaiian Sugar Refining Company. which is CO.
aliton of the Spreckels interests with the sugar
planters of Hawaii. This fight has been more or
less expected since the latter company was
formed for the reason that the two refneries to-
gether produce more than the market at San Fran
cisco demands These two together with the beet
sugar factories the coast. produce more sugar
than is consumed in the territory west of the Mis-
souri, and for this reason the trade expects the
fight TO extend not only all over the West, but to
territory this side of the Missouri which has
heretofore been supplied from: the Atlantic sea-
board.
Well informed sugar men believe that the San
Francisco price likely to decline another three
quarters of a cent before the bottom is reached
With the night extending this side OF the Missouri
tho New York price might naturally be expected
to decline in sympathy. President Havemeyer
denies explicitly and emphatically any alliance
OF any sort has been arranged between the Ameri-
can company and the Arbuckle firm. and John Ar
buckle does the same thing. While IL has been a
patent fact that for indefinite time the two
producers have worked In harmony so far as their
market policy Is concerned, Il is asserted on be.
half Of both companies that there Is no agree
merit for that purpose between them
All refners reduced granulated yesterday 10
points TO net basis OF A4O less per cent for cash
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
FOREIGN BANK RETURNS.

London May 1.-THE weekly return Of the Bank
OF England shows the following changes: Total
reserve increased 100000 circulation decreased
$4,000 bullion increased fS9O other securities de-
creased 9sOOO other deposits decreased f26SlON0.
public deposits increased f20SOOO. notes IN reserve
increased 100000. government securities unchanged
The proportion OF the banks to liabilities
is now A.46 per cent. against 1885 last week. and
compares with decline from 5Oh per cent to 49,.
per cent in the corresponding week last year. The
rate of discount unchanged at per cent
Paris May 1Z-The weekly return OF the Bank
of France shows the following changes: Notes in
circulation decreased 3ss75O00 francs treasury de-
posits increased 24O25OOO francs. general deposits
decreased 54,S25O0O francs gold on hand decreased
465O.O0O francs silver on hand increased Ilo0OOO
advances decreased 13.O25.OO0 francs.
Berlin, May 1.-THE weekly return Of the I'M
perial Bank Of Germany shows the following
changes Cash on hand increased S9,S2OO0O marks
treasury notes increased 100000 marks. other Sc
curites decreased 266OOO0O marks. notes in circu-
lation decreased 4624O.OOO marks
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

paign On TN IN London began on May T. wren tbs
price quoted az ass S. the advance being car
ried 70 ems. from which point there has been Do
cline Of about go
AMERICAN TELEPHONE AND TELEGRAPH
For the first time in fits history the output Of IN
struments OF the American Telephone and Tele-
graph Company for a given month has exceeded
10000. the April gross amounting 20 I8557 instFu-
ments The largest preceding grOss output was
that OF October 1906 when 1so ~ Instruments vera
put out Last month was also the record month
Tor net output. which amounted to 1892 the best
preceding month being November. 1896. with l3tsE
LARGE IRON INOUIRIES.-The Eastern Steer
Company Is IN the market for 15.0o0 tons OF basic
IRON Inquiries for foundry iron aggregate l0Ga
tons in the local market. Producers report a fair
demand. with stocks on hand at low level
NATIONAL LEAD DTVIDEND--The directors o.
the National Lead Company have declared a quar-
terly dividend OF per cent on the common stock
placing that issue upon per cent basis Tho
usual dividend OF ia per cent was declared uuoD
the preferred stock The heavy selling in National
Lead common following the announcement OF tia
declaration of a quarterly dividend was d1e a
some disappointment in speculative quarters bs
cause higher rate had not been declared
NEW STOCK EXCHANGE MENBER-Lnuis
Oppenheimer. who was elected member OF the
New York stock Exchange yesterday. was former
" connected with the importing house OF s. ODDan-
heiEner Levy. and will make his headquarters
with SutrO Brothers & Co.
INTERNATIONAL STEAM PUMP ANIMAL
MEETING.-The annual meeting OF the stocEhor9
eTs OF the International Steam Pump Company VIII
be held in Jersey City on June p For the pur
pose Of this meeting the transfer books viu closs
on May 2 and reopen on June y.
NEW DIRECTOR FOR ANACONDA-At thu an
nual meeting OF the stockholders OF the Anaconda
Copper Mining Company. the former board Of a.
rectors was reelected. with the exception thas
George H. Church was elected in place o. A c
Burrage
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
Quotations for standard foundry at the II q. n
and las p. m calls yesterday compare with ira.
prices OF Wednesday as follows:


The market for outside securities showed only
slight activity. and prices. while developing sot
hrmness at the opening were inclined 70 ease or
in the late afternoon. on moderate profit taEns.
The fluctuations with the exception OF a few issues
were narrow. Mackay stocks were dull. but aoo1-
steady. Standard Oil was strong at points al
vance. Havana Tobacco developed renewed VeaN.
ness. falling nearly ? points. with only a par'l-
recovery Chicago Subway was strong and larry
active rising about a point In the mining group
Boston Copper was down q; Furnace Geek S~S
strong at s advance; Greene Copper was on
fraction British Columbia was down =; Ienness's
Copper lost a point; Gold Hill was firm; Uni's@
Copper was of rs. and Utah Copper. y IN D'll'
Delaware & Hudson convertible As rose over u per
cent. on extensive buying Marine rs were W -
and WESTINGHOUSE IS were Arm
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
SECURITIES CLOSE HEAVY.
DECLINE FOLLOWS PERIOD OF EARLY STRENGTH
Coal Strong FeaesLae Public Interest IN Speculation
More Money for Frisco

Of the stock market, and it is a noteworthy fact
that on every appearance of weakness active
support is offered, and as consequence de-
clines are quickly recovered. There is much
difference of opinion. however. over the proba-
bility of the development of a sustained upward
movement at present, owing to the approach OF
the season when there will be uncertainty over
the progress of the crops. Assuming that bust
ness conditions in this country suffer adverse
change, the chances will favor activity on the
bull side of the market when the crops are old
enough to indicate the character of the yield,
providing the indications favorable to boun-
tiful harVests
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

DOMESTIC EXCHANGING Orieans-COil'-
,oercal soc discount; bank. 81 premium san ~,
cisco-s;ight par; telegraph PIC. Boston--4o csc
(,,scorDt Chicago-Par Charleston-buylng' par
selling 10, premium. Cincinnati-2Oc to z0c pre-
,i.,n, s;ayannah-Buylng soc discount; sehns'
&c discount Minneapolis-5Oc premium 81 LOUIS
-35c premium bid. 45o premium asked
RANK CLEARINGS.-New YORK EXCHANGES
sasF 21T s51; balances. S17.7s5.6O9. Chicago-Ex-
changes $50 ss2 271; balances, $2.656S61 Philade-
nbia@Exchanges. S26 s5s.sSs; balances. SS.5S441S
Poston-Exchanges s25.7sS.2s9; balances Ssl2,OlO
FoIfimore-Exchanges. s4.6O5.651; balances. $685.
2O7. ,. r,o.,o,,
SILVER MARKET.-Bar silver, 6S7s; Mexican
silver dollars 5O9c Bar silver in London closed az
SO7sd. 80
COLD PRENfIUM-In Madrid. ESQ; Lisbon 400
MEXICAN EXCHANGE.-Mexican exchange on
New York is quoted at 1884
GOVERNMENT RECEIPTS.-Customs receipts
reported from washington sl.O1O.Ss2: internal rev.
enue receipts s775s5S: miscellaneous receipts. $1I1
S14 Receipts for the day. $1.95S,1S4; expenditures.
81 $50 600 Receipts for the month 70 date $26.1s4-
PSF expenditures S27 $50. 900; excess Of exDendi-
lures S1s75,71S. Receipts for the fiscal year 20
date SSH S97i expenditures. $515OS7O44; excess
Of receipts. $2.654,S53.
UNDERGRADUATES Sub-Treasury was debt
or TO the Clearing House $2S5,13O.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

In his report TO the stockholders. H S. Bach
president OF the United States Realty and Improve
ment. says;
AS indicated in last years report the regular II,
come from the real estate owned has LARGELY n.
creased, amounting this year TO &93.301 as aaaSes
S3749O9 for the ten months Of the previous go
year. The present income from this Source vvfT -
further increased by the extension OF the T-7rSr
Building and the Improvement upon the BOrsaI -
both Of which are now under way. Il l. ex1asfo3
90 complete these improvements during the eSs1ilz
fiscal year. and the income to be received thssaf7ss
will very largely increase the fixed earnings a -
company from real estate investment The i1ra-.sf
which the company now has in the Plaza Ersz
will become productive in 1897 or as soon Is ~
new hotel now under construction Is cOuulet-s
During the year the company has sold ilpTov ).
various properties formerly vacant These -
GLIDING the amount expended on the impTOVemerf3
aggregate 81 4O3 $50: therefore instead OF a cbags
being incurred on account OF these properties n
income will be derived from them from the pro-
ceedS received from their sale The income derive9
from real estate and investments owned q nov :,
stable that the interest for the debentuTe bonds
amply secured a permanent investment blsls
Any surplus theTefron. in addition the u-0fis
70 be derived from the construction and real estate
operating departments IS applicable % dividends e
the stock
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
Financial.

NOTICE Is HEREBY GIVEN that. May 2l 1906
MORTON TRUST COMPANY will begin the delivery Of
engraved securities Interborough-M Metropolitan Com
pany upon surrender OF the Deposit Receipts
The Collateral Trust -Four and Half Per Cent. Gold
Bonds VIII be issued in either coupon registered FORM
the coupon bonds being in the Of 600 and
the registered bonds denominations 81 600 5000
and $4,000 Scrip (which will carry interest or div
dends VIII be issued for amounts Of bonds and
voting for common stock which scrin
viii be eHchangeable for engraved voting trust
certificates for stock, the may be- when
presented and surrendered with like certificates in
amounts aggregang $1,000 multiple thereof in the
case Of bond scrip and 500 multiple thereof in the
case Of scrip for voting certificates for common
stock
MORTON TRUST COMPANY will furnish blank forms
which should be used in making application for the ex
change Of Deposit Receipts for the securities Special
care should be exercised giving the fun name and
address in which the securities are to be issued
MORTON TRUST COMPANY.
BY H. NJ FRANCIS Secretary.
Dated. New York. May II. 1906.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

FOREIGN MONEY MARKET. = Call money IN
London per cent. Open market discount rate for
short bills, 35s per cent; long bills. Sls per cent
Berlin discount rate. 1856 per cent Berlin exchange
on London 20 marks 1872 pfennigs. Paris discount
rate 2S per cent. Paris exchange on London Is
francs 10 centinnes Bar gold In London. rs 91kd.
FOREIGN SECURITIES-Briti consols for
money, SO 9-l6; for the account, 91l-l6 French
renes 80 francs 10 centimes Japanese IS. first Sc
ries, lO1lh.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
MONEY AND EXCHANGE.

MONEY AIARKET.-2Ioney on call opened s 49,, =.
per cent; highest "a per cent; lowest "a PEI
last loan. "a per cent; close. % per GEM. =, ~
rate 81 per cent. Time money was quote1 49,
per cent for sixty 20 ninety days. a5aee - 49,, 90
eight months. Commercial paper was quoteu ~
5Q5l per cent for sixty 70 ninety days 0eS,s - -
cent for four to six months and per cent tO'
others ,a ann
FOREIGN EXCHANGE.-Market elOSeu
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
GOVERNMENT BONDS.

The following shows yesterdays closing quo
tations for government bonds compared with
Wednesdays:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
AMERICAN SECURITIES ABROAD.

London, May II. 4 p. m.-American stocks in Lon
Ion were irregular at unimportant price changes.
ST nuOtationS follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

o97. $50 Total sales for the day. ENLISTED.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

Total surplus s1sO8 $50 S1.144316 Inc. S7G1l4s
COLUMBUS AND HOOKING COAL
The Columbus and Hooking Coal and Iron Com
pany reports for the fiscal year ended March q:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
CONSOLIDATED EXCHANGE SALES.

STOCKS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
INVESTORS READ
The Wall Street Journal
BALTIMORE STOCKS.
Furnished By Van seh.lcG & Co. No. w.u
BOSTON STOCKS.

Furnished BY r. I. Day & Co. 80. Hasso,, s,ro.,,
Nay 10. May IL Mo-, "a ~, -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18
PIG IRON CERTIFICATES

Quotations for regular at the II a m and 1:4s
}, m. calls yesterday compare with the final prices
4 Wednesday as follows: e0e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-18

Detailed earnings follow:
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-02-20
OM|NGTORALE|GH
Assistant Secretary of
the Southern Cotton
Association.

President G. c. Moore, Of the North
Carolina Division Of the Southern Cot
TON Association, yesterday received a
letter from Mr.. -. Dixon Armstrong,
assistant secretary Of the National or
~ganization. III which that official prom
ised to visit Raleigh III q few DAYS.
The object Of Secretary Armstrong'e
visit to this city is to confer with Pres
lGent Moore am inau2urate 4 uniform
system Of recording members ef the
Association with 4 view 10 being able
TO know from the HEADQUARTERS at
Atlanta the weak spots fiji anv town.
SHIP OF any state in tho South. thus
bringing the Atlanta office in closer
ouch with every State. and thereby
enabling the central office to render
prompt and intelligent assistance ia
the several State divisions.
The plan Secretary Armstrong sue-
geStS Is one upon which President
Moore has been working ever since bct
mas been at the head Of the North
Carolina Division. and he Will heartily
cooperate with Secretary Armstrong
Who has been placed al the head Of
ne organizing work Of the Southern
Association.
Secretary Armstrong was Il visitor IT,
lsaleIgh last year, 7 is pleasantly
remembered here BY prominent bus
mess men as we'll as eadin~ aoric,,I-
turists. He has been officially ijfntt-
led with the Southern Cotton Associa-
non SINCE its organization, and ranks
-nifd IN Importance III its oueration4
adfNle Jordan taking the
ana ltIchdrd Cheatham bein~ uext t.
Mr.. Jordan.
he idea of the reorganization Of
~ southern Association. from the
eoNhsAIps up to the state and to the
.ehlfdi divisions. instead Of from the
ehtral organization down to the
-o"iishlrS. was the business concep-
tloil 81 President Moore. and IL IL
sIdllIyIng to him to see that the Cen
raj ONCE has endorsed his plan r.
idoptlng 1t as a policy TO be followed
II the thorough reorganization of the
South. 1iS
president Moore has placed more
organizers in the field. orgaiizfng the
Various counties, than has anv Other
state, and North Carolina is not Far
from the top among the State ~organi-
zatlons except financially. Missiseioni
teads, and in his letter Secretary ar,r
sJrong says Of that State and lis nros
ident: = pic5-
Dear old Walter Clark. of Miseie-
Slppl, from the very beginning reaIiz@d
mat the organization had 10 ha h,,il+
from n subdivisions Of the countias
up 10 the central head. and name al,
work out IN a business way from Tho
START The result is that he has -
nlo9t perfect organization in The
South." ehe
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-02-20

TEN standing as much as ever for
what il stands for now.
And What does the Federal System
stand for Just how strong IS it? Is
i stronger than the United States
Government? Has it superseded the
representative democracy OF the Con
stltution2 That's what should ike To
know. Railroads rule some states. /
mean rule" literally; the government
81 such States as Connecticut. New
Hampshire, Pennsylvania. New JERSEY
ONO, and others actually represents
their railroads, other h1Iei-
nesses. too; but the railroads are the
SteadIest sources of corruption anS
lEereIore the dominant power in tn
SSslefh. IS that 50 here? The third
part Of the Presidents policy shonId
orihg out the answer to this question
@1a an the others. also. Tor his pro
position TO regulate railroad rates +
q damage TO the power Of tbo ran
roads. i"il-
But regulating rates is one tbino
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-02-20
COTTON MEETING.
FARMERS OF st. Matthew Form
ship Cotton Association

A more enthusiastic set or
seldom eyer meet than tUu
Matthew'S township FRIDAY rs.
There were a EOodlv mum.
ent and after warm spercu#
North Carolina President G.. e.
+. -. Whitaker, the county q,
and the county President. 81
Green and be 1t said fo 81
credit il seemed his home "a.
lighted to honor him.
After these speeches th. .
officers were elected.
Eugene bartholomew. vIce-t
J. G. Baugh. Secretary. II +
Treas. !. 4. Baugh.
Executive Committee. w
=. II. Haithcock. J.. J.. Arur
Partip. j. w. House.
Delegates To Convention. a..
tin ana T.. L.. Bartholomew
While these farmers are g..
tobacco as well as cotton. fH,
as much interest as though
dependent upon cotton eu'
declaring he would cut til.
AT least twenty-five per
the crop OF 1905.