davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
NEW YORK DRY GOODS.

NEW YORK, January 13.--Total imports
OF merchandise and dry goods at the port
Oh New York for the week ending today
We're valued at s14, 70s,607. Total imports
OF specie at the port Of New York for the
week ending today were s1S.777 silver and
sS4'au gold. Total exports of specie from
the port of New York for the week err1inp
today were 9O4,915 silver and $4,000 gold.
The dry goods movements shows a slight
Improvement at the end of the week, but
buyers are stlil inclined to be conservative
except on goods for spot delivery, which
are being taken as fast as they can be
delivered. The probability of increased ex-
port business is regarded with increasing
interest by both buyers and sellers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
THE LONDON MARKET
TENDENCY OF aAlCEs IN ALL
DEPARTMENTS UPWARD.
Special cablesram to The Star.

Special Cablegram to The Star.
LONDON. January 13.-There was a GER
tain amount Of animation on the stock ex-
change this week. The volume Of business
was fairly good and the tendency of prices
In all departments was upward Foremost
among the number of favorable influences
that operated on the markets was the great
improvement In the monetary situation. It
would not be justifable to say that the
money market has worked Itself into per-
manent ease, but for the time being, at
least, there Is an abundance of credits.
Money has been pouring into London dur
ing the last few days from Scotland and
the provinces, so that the bank reserves
has Increased f967 900. and funds have been
SO plenty that loan rates have shaded off
materially. The better situation in con-
tinental money centers also has helped Lon
don. and the evidence is that this better
feehng has been seen in purchases in this
market for Paris and Berlin accounts, the
good Ieellng on continental bourses being
due chiefly to the improved state of af-
Iairs IN Russia and the rather more cheer
ful outlook respecting the Moroccan ques-
ton.
1t is not possible, of course, to pre-
dict permanency for it, but the hope pre-
walls here that the European situation is
steadily growing better and the prevailing
conditions both monetary and political have
been dfstinctlvely promotive of investment
buying, SO that consos and other gilt-edged
securities have been in excellent demand.
Foreigners also have felt the effect of these
stimulating Influences, and responded with
a good upward movement in prices.
British rails for some occult reason have
not been dealt in heavily. but they close
with gains almost all along the line. Amer
lean railways have been active, especially
Atchison, Denver and Rio Grande, Mis-
souri,, Kansas and Texas and Southern Pa
cific.
Everything on the list is higher and
some gains are quite pronounced Even
mines have been more cheerful, and prices
are considerably improved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
AMERICANS WERE ACTIVE.
Various Issues Jumped Sharply-Mon-
ey Situation Eased.
By Associated Press.

by Associated PreSs.
LONDON, January 13.-Trading on the
London stock exchange was somewhat
quieter during the latter part of the week,
owing to the settlement and the approach
of the Moroccan conference, which is caus-
ing uneasiness on the continental bourses
and is restricting business here. Yesterday,
however, the tone became distinctly better,
particularly in the British gilt-edged sec
ton, due to the fact that foreign exchanges
hardened and the Bank of England secured
fair amount of gold, thereby relieving the
monetary situation. The Improvement was
held today, the market closing strong, with
consols showing a net gain for the week of
7-16
In the foreign section Japanese and Chi
nese issues hardened under good investment
purchases. Russians. after fluctuating to
the various loan rumors, finally became firm
on the advance of $50 900 900 made to Rus
STA by the French bankers. The feature of
foreign rails was the good buying by Eng
hsh and continental operators of Mexicans
and Argentines, owing to the traffic returns
and the glowing trade reports.
Americans We're again active and cheerful,
with much enthusiasm on the bull side of
the market. Various issues jumped sharp
ly, particularly Denver and Rio Grande
which was close to 81 dearer for the week,
with Union Pacific AZ and Illinois Central 4
points better, while most of the other active
issues were 81 up. fair amount of sup
port was received from the continent and
outsiders here.
Kaffirs experienced quite a buoyant week.
end under buying by a big house and cover
ing by French bears, who sold early In the
week.
The money situation eased with the issue
of better bank return than expected Re-
ports that the Argentine gold demand is be-
IN Nhxx-V pfl ND h, L.
of England also is receiving the gold ar
rivals combined in benefiting the money
market. Cash Is returning freely from the
country, which with the tax collections
should give the Bank of England the neces-
sary control of the market and prevent any
advance of the bank rate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Entered Pleas of Guilty.

CHICAGO. January 13.-Henry Wulff,
former state treasurer Of Illinois. and ]. w.
Loeb, who was associated with Wulff in the
Continental Finance Company, which was
declared by officials of the government to
be a swindling scheme, entered pleas of
guilty today before Judge Bethea in the fed
eral court Both men had previously entered
pleas of not guilty, and the trial of their
cases was set for January Ii. Today they
appeared in the court and asked permits
sion to change their pleas to guilty. Sem
tence was deferred
The operation of the finance company was
declared by the government officials to be
in the nature of a lottery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
LONDON WOOL MARKET.

LONDON, January 13.-Trading in wool
Is inactive, pending the opening of the
first series of sales on January 16 During
the first week 69,950 bales will be offered.
The arrivals of wool for the second series,
which Is scheduled to open on March 13.
amount to 5,72s bales, including $500 for
warded direct to spinners. This series will
be limited to 10000 bales new arrivals.
The imports of wool this week We're: New
South Wales, 1851 bales; Queensland, 49,
621; Victoria, Il, 100; South Australia, 9l26:
New Zealand, 1888; Cape of Good Hope
and Natal, 6.3G4; China, 1693; Singapore.
5,0l9; Busreh, CTS; New York, 60; various
313.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14

would tend to encourage foreign bankers
here to offer bills Of exchange more freely
for the placing or replacing OF foreign
funds.
The revival OF speculative activity has
shown signs of large professional opera
lions and reports of proposed dividend I'm
creases, which are rather vague and uflau-
thentic, are a feature Of the market. The
scope and sweep of the movement are I'M
pressive and significant Of powerful opera
tors and enormous resources.
Bonds have moved irregularly and mod
erately, except for some OF the speculative
issues.
United States Is coupon advanced u per
cent on call on the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
The Nile-Red Sea Railway.

CAIRO, January 13.-The inauguration
ceremony OF the NiIe-Red Sea railway
will take place January q. Lord Cromer
will preside. His lordship will travel with
Lady Cromer from Cairo to Atbara juno
ton, and thence along the new line to Port
Scudan, where the official function will
take place. Lord Cromer will then proceed
TO Khartoun, where he Is expected TO de-
liver an address, after which he will san
for some distance up the White Nile.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Noted Jewish Banker Dead.

BOSTON, January 13.-Lewis Hecht, ST.,
a well-known Jewish banker and philan-
tEropist, died at his home in Brookline last
night He was born in fferns tadt, Prussia,
in 1927, and while boy came to this coun-
try. In 1S49 he went to California, where
he organized the firm of fIecht Brothers,
wholesale shoe jobbers, with branches in
Boston and Baltimore Mr.. Hecht later
returned to Boston and carried on a bank
ing business, from which he retired a few
years ago on account of i'll health.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Former Baltimore Lawyer in the Pen

BALTIMORE, January 13.-T Julius
Schaumloffet, a former member of the Bal
tinore bar, who fed from this city several
months ago and was captured in Pttsburg,
and who later was convicted of obtaining
money under false pretenses by means of
forged deed, was incarcerated In, the Mary
land penitentiary today to serve term of
five years the court of appeals having con-
firmed the Judgment of the lower court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Epidemic Of Typhoid at pittsbure.

PITTSBURG, Pa, January 13.--An cpl
deTic of typhoid fever prevails in the bor-
ough of Williamsburg, adjacent to this city
There are now over one hundred cases of
the disease and number of deaths have
resulted. a determined effort has been
made by the board of health to find the
source OF the coHtagion, but the investiga-
ton has completely failed. Samples of
water taken from public springs have been
brought TO this city for analysis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
New York Mining Stocks.
NEW YORK BANK STATEMENT.

NEW YORK, January 13.-The Financier
this week says:
Last weeks official statement of the New
York Associated Banks showed most re-
markable gains in cash and In surplus re-
serve. This disclosure, so far as cash
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14

old stand-bys. which can always be relied
on TO furnish q contribution that win str
things up Tor q while. In fact. the possi-
bilities for the future In the local market.
what narrow and dull, are simply bound
1aAa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Work on New Steel Plant Begun.

PITTSBURG, Pa, January l3.-Operat1ons
were begun today in Homestead borough
for the erection of the large steel mills re-
Gently authorized by the United States
Steel Corporation. An expenditure of ST.
10000 will be made
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Influence of Gold Exports.

When gold exports were under discussion
during the week the falling off in the ac-
7vi;y Of the stock market and the evidence
O. pressure upon il gave color to this ap-
prehensIon. Il was not relieved at once by
The large replenishment of the local money
market from domestic sources which was
going on.
IL was expected that this increased sup
ply of funds would operate only to facili-
tate the outgo of gold 70 foreign markets
Inc pressure upon New York from abroad
s~aS Increased by the foreign political out
look and by the manifest disposition of for
elgn money ceuterS to conserve Their re
sources and to recuperate from the heavy
strain which has been put upon caDltaI
supplies all over the world
! he coming Morocco conference has been
viewed with anxiety. The renewal of Rus
sian negotiations for a loan at Paris had
marked an additional requirement
The low proportion OF reserves OF the
Bank OF England and the continued with
CrdR-als from London. both for Pans and
FOR South America, fOreshadOwed protective
measures by that center The cot. Sc OF
the week showed some clearing of political
preheHslons over the Morocco question
and the retention of the Bank of England
official rate Of discount was accepted as re-
assuring on tile money situation in London.
= Foreign Exchange Rates.
The most potent factor in carrying for
elgn exchange rates here up to the verge
|of The gold export level however, was the
demand Tor remittance 10 cover maturitles
of loans in this market by foreign lenders
The enormous volume OF these loans which
has been disclosed throws much light on
the source of the supply 10 carry the gre At
Speculation OF the fall and early winner and
ITS Indifference 20 the sxigencies Of the
monsE market he.e when The rate for call
loans Went 10 10 per cent.
feature Of the week has been the large
|seilins Of American secur. ties in London for
New York account Stocks thus sold in
|Iondo1 have come back upon the New York
|marhet and tho liquidation Of the loans by
which they We're carried has made a heavy
|delnant for foreign exchange in New York
with ELECT both in the stock market and
Ifne exchange market. With the exchaL ge
|rate nearly az The gold export point, how
Fever, bankers bills made their reappear-
fance IN the exchange market indicating the
POSSIBILITY of the renewal of maturing La
Ibi!itles to foreign lenders.
\ Meantime, the refiux of funds TO New
OK nom domestic sources has been pro-
bounced and supplies in the money market
fhaye carried interest rates down to a much
|ea sisr level
on the side OF the foreign exchange mar
ltet the report of the country's agricultu-
PAL exports for December shows q crafty
ing strengthening of this countryts posi-
Ition by the expansion in value of exports
lover those of the preceding December by
upward of s42.0ooo0o. Such a showing
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
MARKET WAS IRREGULAR
Sustaining Points of Strength at All
Times.
IN ACTIVE DIGESTIVE PROCESS
Some Apprehension Money Situation
Might Work to Disadvantage Of
Speculation-Featur

NEW YORK, January 13.-There was enor-
nous profit taking throughout the days
short session of the stock exchange. Not
withstanding the very active demand, which
lifted the volume of sales for the two hours
session near the million mark, the market
was kept in n very irregular state by the
constant roalizings, and showed some signs
OF disorder in the final dealings. There
were some fresh points of strength just
developing at that time which gave the
closing It's irregular tone. but the general
Level of the market had declined consider
ably from the highest, and stocks were
coming out very freely. There We're sus-
rs aiming points of strength at all times, and
general reaction from the opening advance,
was better than the preliminary estimates,
was the signal for heavy selling throughout
rhe list 10 take advantage of its stimulat-
Ing effect on new demand
The Pacifics We're especially affected by
the late realizing. and this had Its usual
effect on tine sentiment towards the whole
market. This was after Union Pacific had
been lifted a fraction to a new record level
at 1855.
At one time Amalgamated Copper and
United States preferred momentrrily were
also a point above last nights level. The
Hill stocks also made wide additions to
their recent large advances. Missouri Pa
Citic continued its newly awakened activity
and had some effect on other members of
The Could proIru
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Results of Realizing.


The market became narrower under the
process of realizing and there was per-
ceItible falling off in the newly awakened
outside interest. which apparently took
warning from the willingness of large
speculative holders TO supply the new de-
ne nd and tighten their own holdings. APP
pItheusiOu that the realizing marked the
elimination of the speculation and of the
rise cuTbed the new demand. which had
been actively stimula ted by the decisive re-
ccvery OF the latter part of last week, and
which poured into the market In a strong
tide al the opening of this.
J. There was no actually unfavorable news
to account for the reaCtionary tendency,
but Il was obvious that the relaxation of
ths money rate and the demand for securi-
ties which resulted was taken advantage Of
OF a very large scale to take profits on the
part Of those who had held through the
money stringency of December with obsti
nate determination.
There has been. during the week, no small
degree of apprehension that the money
situation itself might work to the disad-
vantage of the further conduct of the
Speculation. II was not feared that the
out the present holders. who had abund-
December, but that il might hamper the
development Of the expected runaway bull
Speculation on the part of the public at
larg-, which was relied upon to take up
The great holdings of the powerful specu-
}ntiye organizations which were taking oil
stocks during the period Of money embar-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-14
Cash Gain by Banks.

The gain of over Sl5,00O,OO0 In cash by
the banks realized all the estimated cur
rcnCy movement and besides made up the
discrepancy in last weeks unexplained
showing of a decrease. The nominal in
crease in loans was a relief from appre-
hension that the extensive liquidation of
borrowings from foreigners during the
week was being transferred to the New
York banks.
The upward rush in Brooklyn Transit at
the last was due To revived traction merger
Tumors. Reports of failures of brokerage
houses in Pittsburg and Cleveland growing
out OF the DeniSon-Prior failure in CleVe-
land had some bad effect on sentiment.
Total sales of bonds par value, 81, $40, 900.
An active digestive process has been clear
" in evidence in the stock market, and 1t
was not until the latter part of the week
that there were signs of the completion of
this process and the resumption of large
operations on the long side. such as charac-
terized the trading of the latter part of the
OLD year.
The market showed excellent absorptive
power throughout and the large realizing,
! which was attributed to some of the heavi-
|est operators. was accomplished without
serious impairment of prices any time, and
with many striking points of strength de-
veloped at new points with sustaining
The labor world., 1906-09-01
DULUTH BANKS ARE WE'LL
PATRONIZED BY LAROR

can feel perfectly assured that moth
Ing can happen to them. This safety
deposit room and vaults is ample to
accommodate all desiring q vault,
which are rented at prices running
from $500 to $25.00 a year. These
prices are very moderate considering
the accommodations and the great ex-
pense of building and furnishing these
vaults.
Inls bank will also receive savings
accounts, and books are given and in
terest paid on deposits of 800 and
upwards. The officers and directors
OF this great bank are among the best
known and most substantial citizens
OF Duluth, and their names are a guar
antee OF the standing and stability of
the bank.
The officers are: Hamilton M. Pey-
ton' president; Chester A. Congdon.
vice-president: VIM. G.. Heeardt. cash'
ler: isaac 8. Moore, assistant cashier;
Colin Thompson, second assistant
cashier.
The officers and directors are men
OF wide experience and unquestioned
honest y, ability and integrity. and
there Is every reason to believe that
the future history of this great finan-
clal institution will prove as success
iul as It's past The Labor World
takes pleasure in this edition, in call
Ing attention to the success and pros
perity OF this strong factor in our
c1ty's greatness and growth, and to
Wish them long continuance Of their
prosperity and progress.
The labor world., 1906-09-01
ST. LOUIS COUNTY BANK
PRIDE OF WEST END

In these times when work is plen-
tiful and employment is we'll nigh uni
versal workingmen should make some
provision for the time when there NAV
be falling off in prosperity which
is now so marked, and should save
some money which mag be needed
later on to tide over dull season.
At any rate, If the money is not
needed for actual necessities, it is
the part of wisdom for the working
man to save some portion of their
wages, and the Institution which as
sists them to do this, and furnishes
an absolutely safe and reliable place
for the weekly or monthly deposits Of
the workers, is public benefit, and
should receive support and encour-
agement. Such is the St. Louis Coun-
ty Bank, located at 1901 West Supe-
rior street, where they will receive
large or small deposits, and where
they carry on general banking bus
mess. This institution Is in the hands
OF some of the most able and highly
respected citizens of Duluth and their
names are q guarantee of the safe and
The labor world., 1906-09-01
FIRST NATIONAL IBANK
SOUND AND RELIABLE

In our annual mention of banks we
render the same favorable reports Of
the First National Bank as we did the
previous year.
l. 1t Is certainly an advantage to any
city to have strong and substantial
banking institutions, such as the First
National Bank, located at Third Ave-.
west and Superior street. They do
much to quicken the pulse Of business,
ana to large extent result in an In
creased prosperity to a city as a
whole, and consequently to the work.
Ing people, who constitute the larger
percentage Of the city's population
They accept deposits Of 81 and up on
which they allow and pay semi-an-
nually interest
The First National Bank of Duluth
has capital and surplus of 81, ,391, 900.
The officers Of this magnificent insti-
tuition are: A. L. Ordean. president;
J. H. Digit, cashier; w. S. Bishop, as
sistant cashier; w. J. Johnson, second
assistant cashier.
These gentlemen have been most
courteous toward the cause of organ
lied labor, and the union men of this
city should do all in their power to-
ward the further success and pros
perity Of this good concern, and they
will not make mistake in extending
to the First National Bank the most
hearty support and cooperation.
1t has always been in accordance
with the broad, underlying principles
of untonism to foster and encourage
institutions Of this kind, and we take
pleasure in giving the name of this
creditable concern most honorable
mention.
We have no hesitancy In placing the
name OF the First National Bank Of
Duluth foremost among the concerns
Of this city, who may be depended up-
on as staunch and considerate friends
OF the conservative organized labor
movement in this city and state.
They have steel boxes for rent in
modern fire proof vault with rentals
ranging from $500 to $25.00 per an
mum,
The vault Is built of chrome steel
and guarded with the latest time lock
attachments. When leaving the city
household valuables can be stored and
the worry of leaving them in the
house avoided.
The labor world., 1906-09-01

70 property. unless tho abstract is pre-
pared. In tho state Of Minnesota.
mere Is no company 50 well equipped
20 give the purchaser this service at
q reasonable rate. as tho Consolidated
'ostract company, located Mt spacious
',t'ces we'll arranged for tho handling
ol 'helr immense business, at No, 306
west Superior street,
Ihls company has been In bus,ness
Io' many years In this city and have
tao most perfect and complete system
u nahollns the abstract business
""'ch can be devised, and their
'eeoros and system are beyond COM
ph''soh. No other company has M
"'eh standing and no other takes
az a. equal amount OF pains to see that
."e'e Is no possible flaw or lo0pholo
n' any abstract Of title furnished bv
'hem. Their office force is large md
."oroughly trained In the work. thew
nave to do, and are experts In their
line. >''0''
Inc members OF the firm are among
our best known and most highly es-
teemed citizens, and have been strong
factors IN making Duluth so favorablv
known In the financial and business
world OF the country. These gentle
mon are:
The labor world., 1906-09-01
THE LABOR WORLD,

M. II. Alworth, president; J. l..
Washburn. vice. president; r.. w. Hell
mick. secretary and treasurer; p. r.
Heilnick, assistant secretary and treas
urer.
Those gentlemen arc Interested In
many projects for tho advancement
and growth Of our city and this Sec
ton OF the state, and arc always
among the first to assist any move
ment having as its object the bctter-
ment OF tho condition Of our city AZ
a whole. or OF any portion Of 1t popu-
lace. Their reputation Of libcratty
and fair dealing Is well established,
and both In their abstract business and
their other large interests all who have
business relations with them are AL
ways assured that they will be treated
with courtesy and consideration, and
that any business entrusted to this
company will receive as careful atten-
tion as II 1t were a strictly personal
matter.
A company OF this sort, which is
absolutely dependable In every partic-
ular Is Of incalculable benefit to a
community and the citizens of Duluth
and vicinity are to be congratulated
that this business Is in such compet-
ent and trustworthy hands.