davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
COPPER, TIN AND LEAD.
Copper I'm n Stronger Statistical In
creaslnk Demands for All Base Metals.

The ~position Of copper has been steadily
consolidating for several days under pro-
gressive, continu Gus and insistent dema nds.
SO that the position of the metal Is to-day
stronger than ever before recorded In the
annals OF modern industris ism. Industries
which consume almost SO per cent. Of the
worlds output Of high conduCtivity in the
electrical and marine engineering trades
have been short Of copper for months ana
find the important producers firmly set
against any idea Of initiating the pig iron
producers who are selling till the end Of the
year. Neither the larger domestic nor the
foreign copper producers will sell under pres
ent conditions for shipments beyond May. The
business that has been effected for later
deliveries is Insignificant. One important
domestic producing interest has withdrawn
from the export market and Ia taking domes-
tic business only from corporations in which
the mine owners are In a community OF IN
terest. The president of these mining inter-
ests states that at the rate Of growth OF do
nestle consumption that has been maintained
for two years, carried through 1908, the home
markets will thereafter require all the copper
that can be refined from the output Of doines-
tic, Mexican and Canadian mines controlled
by American capital. This producer esti-
mates the output of copper for 1909 from all
properties controlled by American money in
the United States, Mexico and Canada at
$40. 600 tons, which II fully five-sevenths OF the
estimated output OF the world for this year,
Producers prices are: Electrolytic. March.
April and May, "a. d24hc.; Lake for prompt
or future shipments is hard to get. Prices
are merely nominal. Several important pro-
ducers quote "a 25c. and then tell induirers
that they have none for shipment earlier than
April. Casting copper lie going from strength
to strength. Prime brands are at 2+d 24Ic..
sixty days.
Prices Of other Metals-Pig tin. 43c.; pig
lead, 6.3Oc.: spelter, 5000: anthony, 9ac.:
aluminium. CSC; nickel, 4O6D47c.: quicksilver.
sal.
All base metals are in remarkably large
demand for prompt shipments. In place OF
end Of the year conditions the markets re-
feet the high tide movements OF well ad-
vanced spring trade.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
SUIT OVER ST. PAUL FRACTIONS.
white l. Blackwell TO Test the shaving Of
Small Rights.

Anderson. Pendleton a Anderson, as
attorneys for the brokerage firm OF White
4 Blackwell, are preparing papers for a
suit against the Chicago, Milwaukee, and
st. Paul to enforce the right of holders of
odd lots Of stock to full participation in
rights on the forthcoming 500 900 900 stock
issue. Whether injunction proceedings or
an action for civil damages will be resorted
10 had not been determined at the close OF
business yesterday.
The claims Of eighty-three stockholders
Of the st. Paul have been put in thel lawyers
hands. Most Of these are from customers
Of the brokerage firm or from members Of
Mr.. Whites family, Hundreds OF other
claims from other houses would be punched
with these IL it was considered necessary,
but probably only one claim will be Sc
lected to make a test case. II is possible
tina a member Of Mr.. Whites family, TO
whom three shares Of stock were given as
a present. will be the plaintiff.
White a Blackwell realize that the ex-
penses Of the suit are quite certain to OK
coed the amount of recovery, and other
brokers offered yesterday TO bear a share
Of the expense, but these offers were de-
clined, with the proviso that assistance
would b accepted in case the suit termi-
mates successfully. The action, IL was
explained, is brought primarily as a matter
of principle, and the brokerage firm is
willing to accept the loss in case 1t is not
sustained by the courts.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
live stock Market.

SATURDAY, Dec. -.
Receipts Of beeves we're 6sl head, all for city
sIAughterers. None offered for sale. NOmlnally
steady for all grades. Dressed beef In very light
demand. but prices we're steady AZ last quotations.
Liverpool and London cattle and beef markets
slow and unchanged. Exports to day, 800 quar-
ters Of beef: to morrow. $40 beeves and 800 quar-
tiers Of beef.
Receipts OF calves none and there was none
offered for sale Feeling rated steady for all de
sirAbIe grades. Dressed calves were a tribe easier.
City dressed vcals sold al sdi3l3c. per H.. with
extra prime cArcasses quOtable up to itc.; country
dressed slow at 7sBi2c,
Receipts Of sheep and Lambs were ls2 head. con.
signed for sale: and, with the stale stock, there were
B5 cars on sale. Both sheep and lambs wert very
dull. but prices were steady. The pens were cleared.
Ordinary 10 prime sheep sold at s4Qs Is per 100
lbs: medium and fair lambs Al 81. 25dtT 20: no really
prime or choice lambs offered. The dressed market
was QUIET at yesterdays quotations. or at Ia los.
urT IN. for dressed mutton and i04i3c. for dressed
Iambe. Country dressed dollhouse lambs steady
at tiO0Si2 per carcass.
Receipts Of hogs were 2,ss4 head. all for slaugh-
terers. None vas offered for sale. Nominally
higher on Bunaio advices. Country dressed hogs
dow st 80 ei0c. per 10. for medium 70 nghs weightA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
GOVERNMENTS PANAMA n. r..
On ITS Way TO Up-tO-Dntcne ss Surplus Of
S392.S ssh Over Fixed Charges.

RB4&sPSh VNCE FdNCh uaIbr
John F. Stevens, chief engineer OF the
Panama Canal Commission, makes a state
ment, which is included in the annua report
OF T. p. Shonts, in regard TO the difficulties
encountered with the Panama Railroad.
A year ago, Mr.. stevens says, the road
was in the condition of the railroads of
thirty years ago. 1t amounted 20 little
more than a right of way and a middling
good roadbed; the cars were old fashioned
and small, there we're not nearly enough
of them, and there was no telegraph line
that would provide delivery of a message
with certainty inside of twenty-four hours.
In addition the officers of the road we're
well meaning parties who had grown up
under conditions which, instead of inducing
development and progress, had practically
kept it at a standstill for years"
In the last year, the statement says,
considerable progress has been made in
bringing the road up 10 date and making
it capable of handling the huge freight
traffic necessary to keep the ana force
supplied with material and equipment, but
much remain 10 be done. Freight trains
are now being run at night in order that the
road may be used during the day entirely
by work trains and passenger trains, Prob
ably a third and fourth track will have to
be laid along a considerable part of the
line, and a large amount OF new equipment
must be purchased.
The report of the Panama Railroad for
the year ended une 30 shows gross earn
ings of g. $50, S2S, an increase of 1911 900
over the year before, and expenses OF 81 49,
sss, an increase of S552 ,943, leaving $S3S $40
as net earnings. The steamship lines made
gross earnings of 81 ,S47,0i2. an increase OF
s3i Is over the previous year, and expenses
of 81 1884 1 10, leaving a deficit in net earnings
of S37 ,15s. Total net earnings of both rail-
road and steamship company were tS0l ISL,
a decrease from the previous year of s435 1857.
During this period the operating ratio
was higher than ever before, being 1854
per cent This is explained by the fact that
all classes of rates were greatly reduced
by Executive order, by several months
OF strict quarantine and by lack of means
for handling theg great increase OF business
economically.
At the end Of the year the company had a
surplus over all fixed charges of 1872 ,SS1
which together with $4,000 borrowed
from the United States was used in i'm
proVements.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
NICKEL PLATE I'D PREFERRED
Minority Holders Want the dividend Raised
20 . Per Cent.

NNeAe ~
60 . Per Cent.
Holders Of second preferred stock Of
the New York, Chicago and st. Louis Rail
road, known as the Nickel Plate, are trying
to get a bigger dividend. The Lake Shore
owns so.275 900 OF the sli 900 900 outstand-
ing second preferred stock. At the time
OF the reorganization in 1887 it was under
stood that the interest rate Of these shares
was to be S per cent. In 1900 an initial
dividend Of ? per cent. was paid N them,
and in 1901 and subsequent years the rate
vas 3 per cent.
James +. Andrews, a member OF the
Stock Exchange, has asked the stock
holders to cooperate with him and his as
sociates in al attempt to have this rate
increased to S per cent, and he has
issued an extended analysis Of the COM
pany's financial standing tending to show
that the earnings of the road would justify
this increase. The gross earnings, the
analysis states, have increased since the 3
per cent. basis was established from ST.
ass ,4ss to 50, l0s ,730, a difference OF 2i.o
per cent.
Mr.. Andrews alleged that the reason
the shareholders have not obtained any
benefit from this dvanco is that the com
pany has been financed entirely out OF the
nln The balance sheet SHOWS tnaL
the cost of equipment has remained I'M
changed at $40 ,S07 ,004, whereas in the i've
years period from 1901 to 1905 the charges
against income for new construction better.
ments and new equipment have amounted
to S3,429, 22l, or an average annually OF
tSS5 ,s44, which amount, IL the money for
equipment had been raised in some other
way, would have been left free for dividends
and would nave been sufficient to pay the
full S per cent. on the second preferred
stock, with a surplus for h common stock.
Mr.. Andrews says that last year the COM
pany reported earnings sufficient to pay
the 5 per cent. on the second preferred
and leave a surplus Of 10000 and that in
addition s44s $50 was spent for construction
and $50, 260 for equipment. II the money
Tor these expenditures had been raised
from exterior sources this money would
have left a surplus OF SCOT $40.
An estimate Of this years earnings from
the report Of the first eleven months shows
a net gain OF s245 900. !
Early in his year the company sold
$40. 0O0, 600 OF 4 per cent. debenture bonds,
and the minority stockholders say that
this should benefit their cause rather than
harm it, on the ground that it should in
crease the net income of the road, make
1t unnecessary 10 charge of part OF the
earnings for improvements and cut down
the $4l0 900 which the company was forced
to pay last year for car hire.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
IRON AND STEEL.
Many Pig Iron Makers Are Sold Up for 1901
Intense Activity IN Finished steel.

Many Pig Iron Makers Are Sold IN for 1908
Intense Activity In Finished Steel.
The most prosperous year recorded in the
iron and steel trades at home and abroad In
ending with intense activity and with strong
international markets. There Is nowhere
visible in the sky the cloud from which might
develop adverse business conditions. The
stringency in the money market has had no
effect upon the domestic iron and steel trades.
Where overtrading has pinched the resources
of the smaller founders in the Eastern and
Western markets the pig iron sellers have ex-
hibited a high degree Of liberality to their
customers. which has enabled buyers to make
every sail draw In the favorable winds.
IL Is estimated by important pig iron pro-
ducers that the entire domestic production
for 1909 will be close to 70. 1000. 600 tons-almost
double the output Of 1900. The output
Of ten years ago was SOS. I27 tons. Prices
are unchanged for all grades Of pig iron.
Eastern foundry No. 2 X is at s2s at furnaces
for the second half and s2S@s27 at furnaces
for prompt to spot.
Southern foundry No. ? at Btrmin CHAM
for the second half ls at s1e0sie. so. Prompt
and spot rules from s2l.So to $3.50
Valley bssssmer and basic for all next
year are at s2i .soBs22. Nearby shipments
fetch s74@s24.SO.
Many Eastern, Western and Southern fur
naces are booked to the last OF 1907. No new
business L. reported in import orders for
Scotch and English. Bar iron snd old ma
terials are unchanged. Coke markets are
active. Scarcity of cars Is keeping hand 10
mouth conditions continuous at thousands OF
consuming plants. The open winter has been
a factor Of great value to coke buyers. Prices
are unchanged at Southern and Northern
ovens. The international steel markets are
strong. Most British. German. Belgian and
French plants are sold well toward the last
quarter OF 1907. In the domestic markets
scores of mills are under contracts which will
fully occupy them, without the booking OF
further tonnages. until the last OF 1907. Ex-
port trade has been remarkably active during
the last quarter. The manager OF the export
department OF one Of the larger steel corpora
tons estimates that exports of iron and steel
in all forms for 1905 will be not less than
$40, 900 900, which will be an increase OF
almost IS per cent. over the exports OF the
previous year.
Demands for finished products. railroad
materials. all steel and steel underframe cars
are running in record high volume.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
FINANCIAL NOTE.

u Ia announced that q. VI, Basford. at pres
ent in charge of the publicity department OF
the American Locomotive Company. has been
APPOINTED as the assistant TO President W. H.
Marshall, taking effect January 1.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
In,DOrts and Exports.

The imports Of specie for the week were
s7aa $40. Of which $50. I28 was gold. making
Total specie imports since January I. se1 .39I.-
2Si, Exports OF specie we're: silver. tl.l6s,.
Az 40 the previous week. The exports Of
specie since January have been: Gold,
81, sse, $40: silver. tte.ots, So2. Q total Of sst'ssS.'
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
THE BANK

The weekly statement of the associated
banks of the city of New York compares as
follows with that OF last week and that OF the
corresponding week a year ago:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

The Eagle Fire Company of New York.
New York. Dec. oath, 1908.
NOTICE Is hereby given that the annual meet.
ing OF the Stockholders OF The Eagle Fire Conn
pany of New York win be held at the ofnces OF the
Company, No. So Beaver Street, New York City,
\. NJ, for the purpose of electing Directors for
the ensuing year and inspectors Of Election To
serve al the next annual meeting. and for the trans
action of such other business as may properly
come before said meeting, including the approval
Of all of the acts Of the Directors OF said Com
pany for the past year.
Polls will remain open from twelve o'clock noon
SignedJ THEo. H.. PRICE. President.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

The amount Of United States deposits
shown in this weeks statement Is $40, $4,000.
a decrease Of s89, 200 since last week, II these
deposits were deducted from the aggregate
given the surplus would be 50. sol AIS.
OF cash reserves TO deposits Of the more
prominent banks as compared with last week.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
THE CHATHAM NATIONAL BANK.

a quarterly dividend Of Four Per Cent. has this
day been declared by the Board Of Directors OF
this bank, payable on and after January I'd, 1907.
until which date transfer books VIII be closed.
II. p. DOREMUS. Cashier.
New York, Dec. 2lst. 1900.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

MERCHA NTS EXCHANGE NATIO VAL BANK
OF the City of New York.
Dec. 10. 1909.
The Board Of Directors have this day declared a
semi-annual dividend Of THREE f CENT, free
OF tax. payable on and after January 2, 1907, until
which date the transfer hooks will be closed.
Z. V. GAMBLER. Cashier.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
n RANK OF AMERICA.

New York, December 2lst. 1909.
The Board Of Directors have 70 -day declared a
semi-annual dividend OF twelve u2 per cent,
free OF tax, payable January End, 1907, to stock
holders Of reccvd OF this date.
The transfer books will remain closed until jan
uary 9rd, 1907.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
THE COLORADO q SOUTHERN r RAILWAY

Coupons due January LIST, 1907. from the First
Mortgage Five Per Cent. Bonds OF the COLORADO
SPRINGS AND CRIPPLE CREEK DISTRICT
RAILWAY COMPANY will be paid after that date
upon presentation at the once of The Chemical
National'Bank 30 Broadway. New York City.
The Colorado Springs and Cripple Creek Dis
trict Railway Company.
JAS. STETART MACKIE. Secretary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

New York, Dec. q, 1908.
109th Dividend.
The Directors of this bank have To day declared
q semi annual dividend OF twenty -nve per cent.
payable Jan. I'd. 1907, until which date the transfer
books will remain closed.
JAMES c. BRowER. Cashier.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
. Profit Of I50O% in Three fears

ADVANTAGEOt : railway weekly periodical for
sale immt dlatelS On account breakdown Of princi-
pal owner: gOod cincul. ton - Toss business So 900.
net pnont So. 600: price $4,000 for controlling owner
ship: terms, EMERSON p. HARRIS. zAs Broad
way, New York.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
Consolidated Gas Company ar New York.
Irving Place. t

ITVIUg TIHVV.
December 10Th. 1905.
The annual meeting of the stockholders OF this
Company for the election Of Trustees TO serve dur
ing the ensuing year will be held at this ONCE MON
DAY. January 2ist. 1907. Polls win be open from
II NJ. To | p. NJ. Transfer books will close SAtur.
day, January 5th, 1907, at IL NJ, and reopen Tues
II. A. CARTER. Secretary.
BROADWAY TRUST COMPANY.
The annual meeting OF the Stockholders OF this
Company, for the election of Directors and In
spectOrs Of the next succeeding election. will be
attain Borough, New York city. on Wednesday,.
January 9th, 1901. at II O'Clock noon. =
Transfer hooks viii BE- closed from DecembeY
29th. 1900. at noon. IA January 9th, 1871. at 8 r. NJ.
JOHN ". II. BERGEN, Secretary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

Important changes from last week in the
cash holdings OF the banks and their loans
ma fOllnNNas
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
ELY-NEVADA

Worlds greatest copper camp has 81 600, 900 900
worth of ore In sight. Guggenheims are building
900 ton SmelteT. We are organizing big com
pany with $50 acres in the best district. Joined
and surrounded by producers. Get In now. Write
for district map. photos. etc. FREE. s..
PTTTSBURGH-ELY COPPER CO..
sO5 BLOCK, DENVER. COL.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30
Atlantic Mutual Insurance Company.
Atlantic nuIldin1

Atlantic Mutual Insurance Company.
Atlantic Building,
Nos. 40 and 81 Wall Street,
New York. Dec. 21st. 1908.
The Transfer Books OF this Company will be closed
from January LIST, 1907. to February Sth, 1907, In
G. STANTON FLoYD-JoNEs. Secretary.
STOCKHOLDERS OF Chicago, Milwaukee and ST.
Paul stock who have been de prtved OF the right TO
subscribe for fractional lots OF the new stock at par
by the action of the ST. Paul Directors. are res
quested 20 communicate with the undersigned.
THROCkMORTON. READ q 90
81 Nassau Street. New York.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-30

The State OF Minnesota. which has brought
suit to restrain the Great Northern from lssu-
ing new stock. has derived a great part OF Its
prosperity from the low rates which that
road has made in carrying Minnesota PRODUCTS
20 the markets OF the world. The worldwide
trade in Minneapolis -four has been to some
extent the result OF natural advantages. but
the low rates made by the Hill roads have also
been a very important factor. Sometimes
objection has been made to the cheap rates.
as when a few years ago great trouble was
taken TO Introduce American flour to the
nations Of the Orient and mammoth ships
were built at great cost to carry the trafic'
but the Interstate Commerce Commission
killed the trade by insisting that the COM
pany publish lts schedules so that the through
rate from Minneapolis to Yokohama. whlon-
although the distance was about one-third
around the globe-was less than the regular
tarin from Minneapolis to New York. In order
that IL might be made the basis OF rates be-
tween the twin cities and the Pacific Coast.
This the road could not AFFORD to do. but an
example was afforded Of Great Northern's ef-
forts 10 restrain" the trade OF Minnesota
which should not soon be forgotten.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-02-03
Ths Saadest alght,

"What IL the most distressing thins
You ever saw Ia n eourtroomy" was
the question propounded 10 a group of
lawyers recently as they sat together
In the office OF n of their number.
One told at hearing a Judge pass sen.
tence OF death on \ woman; another
told of the scene between u mother
ami san rs she bid her boy goodby Tor
the last time before he started To serve
a ten years sentence in the penlien-
tiary, aud rs the question went round
the circle each related n story of court
scenes, Almost the last one In the
group said. "Gentlemen. the saddcst
thing | yer witnessed In n courtroom
was when u healthy. strong, handsome
man and woman, with u group OF
bright, intelligent boys and girls. their
children. appeared before u circuit
Judge, the n plaintiff. the other de-
PENDANT, In a divorce suit. The look Ut
distress on the faces OF those innocent
children rs they sat and listened Ia
the ordinations and rccrImlnations Of
their parents, intent on breaking up
what had been n happy home, was the
saddest sight eve witnessed" Ran
sas City Journal.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-02-03

Court Jews were the officially ap.
pointed bankers and money lenders OF
European rulers down to Napoleon's
times. after which most Of them be-
came merged In the great business
houses which deal nowadays with In
ternational finance. One Of the found
ers OF the house Of Rothschild was
court Jew at Frankfort toward the
CfOsc Of tire eighteenth century. Ii was
with him that the elector OF Hesse-Cas-
sci deposited f1.O0O,OOO when the first
Napoleon was threatening his domin.
ions, and the way In which the sum
was protected ana restored when En-
rope was settled again first made the
name OF liothschild famous In finance.
Up TO this period Jews had no rights
as citizens IN most German states or In
Austria. and the Office OF court Jew
was necessary to give them standing
London Globe.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-02-03

The banshec Is tho domestic ghost OF
spirit attached to certain Irish or high
land Scottish households and Is sup.
posed to take an interest In the wei.
fare Of the family generally, and espe-
cially TO wall ut the death Of any one
Of Its members. The banshee IL pic.
turcd In Irish folklore under the form
Of a little old woman with long hair,
which she continually combs, Mt the
same time keeping up an incessant
weeping and waillng. The incident
OF the comb Il exactly similar to the
legend Of the German %lorelel, a spirit
which sings. while the banshee weeps,
as an accompaniment. The proud dis
tinction of possessing n private ban.
shee Is allowed only to families Of pure
Milesian stock. The word Is derived
from the Gaelic ban-sith, a woman
fairy,
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-02-03
church Weddings ana Cards,

While 1t Is n popular custom to issue
cards Of invitation to attend a church
wedding, 1t Is entirely contrary to the
teaching understood to be implied by
the church ediflce. No private family
has A. right to issue Invitation to the
House or God to witness the perform.
ance Of a rite within the said house as
though for the time being the latter
had been given over to them for their
own particular use. A wedding In a
church Is not a private. but rather a
public rite. at which any parishioner
who wishes may be present without an
invitation from any one. Gods house
Is at all times a public place Of wor-
ship, the very spirit Of which Is utter
" opposed to cards Of invitation
Church Eclectic.