davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
GERMAN BANK RATE RAISED
MOVEMENT MADE NECESSARY
BY ACTION OF ENGLAND.
America Had Already Secured op
lions on About $40, 100000 in
Gold Before Banks Acted.

NEW YORK, November S.-The advance
In the discount rate of the Imperial Bank
of Germany from S12 to ~ per cent. an
nounced today from Berlin, is further eY-
idence Of the determi IA ton of European
money centers TO protect their gold stocks
against depletion by the United States
The advance was fully anticipated, as
Coy. Koch of the Imperial German Bank
said week ago that an increase in the
English bank rate would lead to similar
action by Germany, and his course yes
terday in calling meeting of the oil
rectors of the Imperial Bank for today
definitely foreshgdowed the advance.
The rate as now fixed is the highest the
German bank has ever had. Only small
part Of the recent American go engage
menrS have been taken directly from Ger
many, but the German stock of gold mas
been depleted indirectly, as the American
engagements at other European money
markets have resulted in large exports Of
gold To England and Holland.
The American gold engagements already
placed IN Europe approximate $i0HU.tDo
SO that the present increases of foreign
bank rates do not operate seriously as
they might have done during the carly
days of the money stringency.
About s2JWO.GD of gold has already
reached New York, including the Lusi-
tania's stock of $12 900 UU brought ashore
today.
Aside from the gold movements, the
financial situation shows an absence OF
notable developments and steady tendency
back to normal rDpiitiapS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
CORONER'S JURY ACTS
IN CASES OF W. A. WHEELER
AND HARVEY BROWN.

coroners jury. consisting OF Messrs.
c E. Brooks. George Muller, Charles
Wolf. John Reiplinser, George H Keep
pier and c. n. DikeInan. today at the
morgue investigated the circumstances
OF the death OF William a. Wheeler.
WHO was STRUCK - q street car of the
City and Suburban line while at the
corner OF 81 and f streets last Monday.
and who died 81 the Emergency Hospita
yesterday, and also the manner Of the
death OF Harvey Brown, who was shot
By his brother. Albert Brown, while IN
Navy place southeast last Monday night,
and VINO passed away at Providence Hos
pital yesterday
In the first case the jury found that
Mr.. Wheeler's death was due to acci-
dent IN the Brown case Albert Brown
was held tn answer a charge of murder
Acting Coroner CNazabrook conducted
Doth inauests. That OF Mr.. Wheeler was
taken I'D first Several witnesses testi-
fed to having seen the deceased riding
oicycie on the track Of the street railway
near where the accident occurred. ana to
mis- having been on the wrong side of the
street. The street railway men in charge
OF the car that struck him and of a car
passing at the time stated that the
mot orman had sounded his bell and called
but Mr.. Wheeler paid no attention to the
warnings
The shooting Of Harvey Brown was then
taken up. Policeman George II. Moran
of No. station. was the first witness.
He produced a revolver which he had
taken from Albert Brown the night of
November T. Witness said he observed
Brown shoot Harvey Brown. and he ar
rested him " lille he was standing over the
man lying on the ground and shooting at
the latter Tie prisoner told tie police
man the officer said. that re rad gone up
town and purchased the revolver with
which to snoot his brother. He stated
that he had shot his brother because ihe
latter nterfarad in a quarrel between the
prisoner and his girl. The policeman
saw the shots fired The prisoner was
sober.
Dr. John A. Foota Of Providence Hos
pital gave the medical history 0: the
case and described the tire wounds ir
tia body of Harvey Brown when he WAS
received at the hospital tie night Of No
yerfber i. There IVES a dacid d smell
of liquor on ais breath. I'll" man diec
Yesterday morning as the result of his IN
jurias.
Elizabeth Key of I122 Pierce stree
southwest was conversi-lg wiki Hare
Brown Monday night last, she testffi
when q small boy directed his at:entio-
to Albert Brown beating girl. HarTe'
Brown went to his brother and stoppe
him. and fight followed in which Al
bert got the worst of 1t. Albert MAJ
threats that ne would shoot his hrotle
cured Witness noticed the prisoner fir
the last two shots into the body Of nj
brother as II lay on tin ground.
1t is understood that the case will be
presented to the grand jury within the
mex few days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
TIE GRAIN MARKETS.

CHICAGO. November S.-Wheat opened
weak on selling induced by further d.
c-ireS a. Liverpool and Berlin. Trading
was active. December 500
Corn weak: December BIS
Oats duh December Al.
Provisions easy: January pork 1885
Lard, 80, Ribs, 1.l2le
me low point for december wheat
vas S9as lii the last hour the market
advanced about lie in covering BY
shorts The close was steady. with
december wheat asal2 lower at "Ul.
Ju2s
II vas the expectation OF corn ira ders
thht tie government report would
prove bE!lish, but IL was given the con-
trary construction and prices dropped
lc The close was weak. with Deem
her off 3. At - = a567s
Close: WheatDecember, aoI4a6O2s
Mag. 097s
l7l2
O:-,s-Decenber. 49,. May, 497saJ0
Pork-Janua-y 10 20; Nay. 1855.
i--rG-Jaruary S.12ia: May. S.lU
Eibs-January. 10; MAJ, 7.271- ABA
Eye-Cash. IS.
Barlpy-CasE, 75s.0
T-mOthy-CaSn, 3.Hai2J
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
LOCAL FINANCIAL NEWS.

There Is no indication in the local stock
market as shown by what was done to-
lay at the meeting of the exchange OF
any marked change in the situation else
where, for that is what seems to be
waited for. Those who keep posted In
regard to what goes on in the geneT al
field Of finance seem to be of the opinion
that the critical stage of the unsettled
condition which prevails elsewhere has
been passed. and now the process of re-
cuperatton has begun.
1t Is the judgment of those Tho have
studied such phases as the financial mar
ket of this country and elsewhere pre-
SCENTS that one result of the advance in
the Bank of England rate Of interest
Will lead to a lessening In the dema nd
fo- money, and the accumulation n TIA
banks Of cash fo- which there is no use
n consequence the rate of interest Will
declin and money Will become cheaper.
There is a good deal Of money coming
from abroad Just Tow In exchange for
the cotton and the grain and other prod
ucts which are raised In this country.
and this condition. well as the prom
isiEg state OF business in all branches
in this country would indicate an early
return TO a normal status, and then the
funds which are always needed IN an
active market will be available.
At q meeting of the board Of directors
cf tne Citizens Saving Bank, held this
week. + J. McQuade and II. S. Powell
were elected 10 I'LL vacancies Oh TINS
bGr I'd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
REAL ESTATE TRANSFERS.

AMERICAN UNIVERSITY HEIGHTS
Benjamin F. Leighton and G. 6. Jams
trustees to j. Clarence Welcl, lot 0.
block / lots ,. I, S. ~, 49, 30, block 3
lots ,. 10 10 10. Ii, II. u, %. -, - to
3G, II. AZ SO, 81, u and 81. block 4;
lots 10, II. II, Is, 10. block 5; lots i.
g. I. -. IL -, IS. 81 block 6; lots 16.
H. % to %. 81, 81. 10, IL, 80 to 56
block I: lots 7. S. 10, rs. II to %; block
S: lots /. Il, % % ~, %, block g. lots
II and Is, block 10: lots 70 10, -.
18, 80. ~, block H. lots /, II. T. 10.
20. %. -, 81 to 81, n, So St, block H.:
lots ] and >. block Is; los 4, ;. IA. l..
Il to u. block II: lots &, {, II. IS. blol k
10; lots Is. IT., 90, 23. 36. 81 Is. 40 to
40. block II; lots =, Is. II, IS, u, rs,
block IS: lots 4, ), 16, II, block 10; lot
J. block 20; lot ,, block IL lots =. 3
4. e, l. y to "a. block %; 500, J.
Clarence Welch conveys same property
to Edmund Is. Fox, trustee: SO.
MOUNT PLEASANT-Laura V. Hughes
to Robert L. and Resale c, Doyle. 10,
49,: $40.
MOUNT PLEA Koeller ct
ux. TO Charles j. GrosecIose, lot S469
$40.
BARRY FARM-W. Walton Edwards ct
Tx. to Mary Digss, part LOT 10, sec
ton 9; s45
ADDITION TO lie DROIT PARK-Ab-
ner Greanlaaf 10 Alton n. HCttel, lot
t;}. square 30: $40
NOS. 75s AND 100 7'TH STREET. SOUTH
EAsT-George " Talbert ct TX. to
Henry c. McCauley! all interest in lots
% and 81 square s7S; SO.
r STREET. NORTHWEST between 18th
and 18th streets-Eillam f. Edmon-
stOn ct AL, trustees, to Isabel II. Len
man, lots IL. ~, -, square 40; Sc, coo.
PETWORTH-Monroe H. Calfee ct Tx. to
Charles II. Nussbaum. lots 30 and 81,
block 81: $40.
+ STREET NORTH WEST between list
and I'd streets-Presden Mt and directors
OF Gonzasa College to Antonio and
Angela Marie GirarGi, part original lot
49, square tij9: $40.
HOLMEAD ESTATE-Harry &. Wilson
ct al to Henry Wassung. il, lot IS,
square 2S36: $40.
i THIRTEENTH STREET NORTHWEST
between U and streets-Ferdinand
A Weller ct al to Benjamin r. Nor
rison, part original lot -, square 235;
S1O.
HOLMEAD ESTATE.-Harry B, Wilson
ct al to Charles NJ Mansfield, lot 81,
square $3.50; $40.
NO. 93ti STREET NORTHW EST-S
orris Poole to Benjamin Washington,
lot -. square 1863: SO.
d STREET SOUTHEAST between LIST
and I'd streets-David w Limerick ct
Tx. to Philip Stewart, lot IS. square
1874. $40
NO. 700 F STREET NORTHEAS T-Wil-
liam Iost 1T uX. to John \. and Mar
garet A. Poole. lot %. square So; $40.
WEST ECkINGTON-Geor S. Cooper
ct ux. TO Fila NJ. Wallace, lot to,
square /; $40.
NORTH CAROLINA AVENUE SOUTH
EAST between Sd and 4th streets
John Miller ct ux. to Irene d. HarToE
lot p, square ~; $40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Government Securities.
INVESTIGATING BANKS.
Have False Reports Been Submitted
to Controller of Currencyp

Bank examiners are making careful in
vest legations of banking Institutions In
New York to determine whether the ma
Lional banking laws have been violated
in the making Of false reports to the
controller Of the currency. 1t Is sur
mis- d by the controller Of the currency
that false reports were MADE by number
Of New York institutions prior to the Ee-
cent financial furry III the reports of
the bank examiners furnished evidenc
that this the facts will be laid
before Jhe United States attorney in New
York, with instruction to begin pros"cu-
ton, no matter how high the tinanciers
may stand in the banks Of the word.
Heavy penalties are provided by United
States laws for classification Of reports
To the controller OF conditions Of ma
t,uaal banks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
THIS YEARS COTTON CROP.
Estimate of Amount Ginned Up to
November /.

The census bureau today issued its bui-
Iatin showing the tota cotton crop of this
years growth g.nned up 70 November to
be 6, 161 600 bales. as compared with j,aOb
39J bales for 1906.
The figures are The result Of the .avest!-
cation OF the spec al agents Of the bureau,
which, In addition to the figures given.
show that there were u, l35 ginneries in
operation as compared with 1910 for
1903 In the computation round bales are
counted as half bales. The result by states
for the present year is as follows:
Alabama Cos a2.2 bales; Arkansas. 2%!3,
541 Florida. IS 6s7; Georgia, l ,195. $50; In
dian Territory. 1911, $50; Kentucky. i94;
louisiana 2T7 $50; NJ ssissippi. 62i, is1;
Missouri 11JS3 North Carolina, ~ .+37
Okla horna, 1To 1:g; South Carolina ~, oh
Tennessee, lu9, 2,22-'; Texas. 1919, 4?f; Viz
ri mia 2 $40
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
INCREASES DISCOUNT RATE.
Imperial Bank of Germany Takes
Notable Action.

SPECIAL CahleErdn TO The Star.
BERLIN, November Sat a meeting Of
the central committee of the Imperial
Bank of Germany today 1t as resolve
to Increase the bank s discount rate from
"a 10 ~ per cent.
The increase in the bank rate had ar
unfavorable influence on the market, de-
pressing stocks soon after the announce
ment was made. Prices, however. partly
recovered later. but business was meager
LONDON, November S.-The increase
in the discount rate Of the Imperial Bank
Of Germany had been expected here SO
beyond consols declining X it had ittla
effect on the stock excheng where trad
ing opened comparatively quiet after yes
terday's furry. Americans were offered
early but they subsequently steadied to
we'll above parity.
Considerable quantities Of gold from
Paris arrived in London today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
To Defer It's Dividend.

NEW YORK, November s.-The beard
Of directors of the North American Com
pany, in view of the Disturbed linanc!a,
conditions now prevailing, have decided II
defer the declaration OF tn" dividend on
the company : stock for the present In
explanation the directors said that the
company had loaned $40. SIS to the va
rious companies III which the North
American Company is Interested and had
rel!eG on the repayment of these loans TO
provide funds for It's own dividends The
other companies were unable to sell their
own mortgage bonds except At great
sacrifice, and the North american Com
pany therefore defer the dividend pay
melt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Building Permits Issued.

Inspector Ashford issued the following
building permits today:
To James S. Bowen, one four tory
brick warehouse. at G32 l. street north
west estimated to cost sl1..AH Architect
James q Bowen; builder, s. II. Ednon-
StoD.
TO ]. " GlenRan, five two-stcry brick
dwellings, at A2;! to 2H3l 9th street mort h.
west estimated 10 cost SlO.Dn Architect
j ". Gilennan: builder, +. j. DeI.acy.
To American Ice Company one one
story Tram. Ice mouse, IL Water street
southwest. estimated TO cost $1,000. Ar
ch.tect F. B. Pyle.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
BALTIMORE MARKETS.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE Md. November s.-WHEAT-
Unsettled and lover; spot, contract, 9TissD7|s;
spot. No. red western, asss assss; November,
91}aaB1Es; December 991. aD9H; Hay, los 4
steamer No. = red. a3l.a93i1; receipts. IS. %59
bushels: exports. I3s,0oo bushels; southern on
grade. s3laaaS.
waite t,;sxa66a,; November. 6BssaGJA; year,
63'an83%i January 62isa62I; February, 62Hin63;
GATS- Steady; 10. white. 54a55h.; No. 3
white 52u54I1: No mixed, 52a521a: receipts,
~, bushels.
RYE-DulI and lower; No. western, domestic,
STasg: receipts, 3.121 bushels.
HAY STEADY. unchanged
GRAIN FRElGIiTS-Quiet and steady. IN
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
THE COTTON MARKETS.

NEW YORK. November s-rFhe cotton
market opened steady a. decline Of :
points 70 an advance of / point, the de-
c.ines being due "a lower cables while
tie late months were steadied by cover
ing TIE census report attracted little
attention. being Z anything 4 shade un-
d.. .o,a. Expectations. and Immediately.
ate th' o enirs the narke, broke under
h7- s'r'et bear pressure AMI liquidation.
With january selling down to 1905. or Is
III.tS net lower
.t"ToTts rom Charlotte that the rt.iuc-
fuE d:@-Ge& upon by warn spnncrs would
cITttH he output % 10000 spincles Nv
one-J"irc. and ~. small bank failures
ltn"Ete,- from the western belt. toEctl nor
with IuIEUTS t!aJ cotton was heading This
way from tie south Tor delivery On con-
tract were among ne beariSa factors
IEUrirS Tie middle Of the morning prices
vere a point or two up from The lowest.
OK re lnderioIe continued very nervous
It'I~@s op. ned steady. December To- 10
sib'it. January. 20: February, lois
DIG. March lb2i April. Job: May 10 70;
June. ln.ZIalo.=t; July, 1o.29 August, Of
Tered lOg2
Tie market was rather quiet lac IN lie
20. moon, with fluctuations narrow ana IL
rs liar aud prices ruling about 5 t. II
points Let lower.
Spot 4u.et: m:Gdl.rs uplands. 10 %; mid
Estimated receipts at ia" ports ay,
COO" bales. against - ~ last week and
"a - at year For the week .}4Jta,U
ha!ps. against 34o6ls lass week ANA
~ rs LAST year. Today's receipts al
%rH Orleans. j., a. olles against J4lG
-as- year
Spnl cotton closed steady 10 points
love-. mtddiins up!anGs 1850 1niGd.IHh
kl4i, li.U5- Sales. $50 bales
Liverpool Cotton Prices.
LIVERPOOL. November S.-Closing.
Cot .ul--Sppt guirt prices points lower,
ALer!ran midding fair. Il ~. good uii-
ding, gu. middIing. 5.g1, .uw mlddiing,
i" ~, COCO Ordinary i.l5: ordinary. 4!,',.
The sai"S - The day We 5000 bales, Of
= IlCis 5p were FOR speculation AID *
port. good Tidclng, gil, TniddliIa =.HI !,
low midlllqs. -:1, good ordinary. 5I5;
ordinary. LOO The sales Of the day WET.
5 Ad bales. Il which 800 We're for sp@cu.a-
tjp' and export ana included 100 Amrrt-
o4I. ReCei PTS, lL,Ofh bales. Including 5 100
American. Futures opened ya.siv.g and
c-osrd steady; American mIddling <. o. q.
N.rcinhrr. 56GIz. November and Decenl-
hey ms, December and January. 40. ;
January and February, ;'.Js12, february
ana Mach. I..,). Marcel and April. J.JJlx
a prIl ANA Nay. 30, Ma and june
3 Gu2 Jr' and July. 5.bOlx, July and
august. :,.I3]1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Pimlico Entries for Tomorrow.
Special Dispatch 10 The Star.

SpeCial biSpattu ~ liz
First race, year-old filies; selling
rive furlongs-Ornanenta 1873; Maid
Of Carroll, 100: shirley r. 10; Feast 100;
eanline, 100: Laughing Eyes. 100: Glen
vile. 100; Edith Glen. 1t}0; MontDert, 100:
I.isterine. 100; Princess Navarro, 100;
Profit. 100.
Second race. two-year-olds and upward
selling; six furlonss.-Comilfo 100 @Nan-
nie Cohen. 10; +Muivaney, 1l3; Simple
Honours, 12o; Paul Clifford. 12J; aIda
Reck. 10; SEscutcheon. 40; Herman
Johnson. To-: *Deibold, 1ih; Hancock, 10;
'WastoveC. H.; Akpar, l2i.
Third race, the Amateur cup; gentlemen
riders; twoye -OldS and upward; selling
one mile-New Year II. $40; Peter Knight,
149; Recruit, iio; k!!lochan, Beniala, 149
Lizzie Flat. 1871.
Fourth race, Owners handicap. steeple
chase, foUr-year-o.ds and upward about
two miles-Judse Nolan, 1874; Guardian.
17; Mixup. 1:s: Flying Virginian, l43;
Bob Murphy. Hi; Best, lis, Warrenton,
1873; Water Pansy, 133; Merrymaker, las,
Benlala 1873.
fifth race, Hotel Howard purse. two
year-olds; one mile-Bragsa doc'o, 100:
Kings Plate. 100; Giles. lo2; Cartwheel,
81; Deburso, 100: Merryrnan. 81; Miss
Catesby, 80; Trey of Spades. 81; Chorus
Girl. o..
Sixth race. the Jockey Club; purse
three year-olds and up; selling; one
mil and a Lalf-Grenadi 7, llo; @t.i-
captain. %: aCampyses, 1o3; Jupiter,
1o3; "Noblesse Oblige, 1oo; True Boy,
113, *Dele Strome. 50; 'Panique Io5.
Seventh race. three year-olds and up:
selling: one mile-sIiigh Chance 1o1
Canbyses, 100; Ormondes Right, liz;
wabash Queen, 81 Berkeley, 1o2 :;
"ocean spray. 1o7; ida Rock, 81;
sIyanhoe 10. *St. Jeanne. 81: Pan
ique. 1U1: sMounraker, 40; Racillia,
1O. Betsy Binford. 162.
apprentice allowance claimed.
Ra lining; track fair.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Liverpool Grain Prices.

LIVERPOOL, November s. - Closing
" hcat-Spnt easy: No >, red western. win
ta!, IS. it'd: futures, steady; D"cember
is. I-hd.: March, IS. l-sd.: May. IS
II SD; corn, spot eas%; prime mixed
American. - I I'D: futures steady; De
cernber. as. ! Id; January, rs. J SD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Government Receipts.

National bank notes received today Tor
redemption. 1922 O43. Government re
ceipts. From internal revenue. sSol, S5''
customs, 81 Ills, 40S: miscellaneous, $l3b,-
f,SS Expenditures. s1,0SO,OO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Drop in Copper Prices.

NEW YORK, November s.-AN grades
~ copper dropped u quarter OF a cent
s1.;a!n today. The now prices were: Lake
l34.a14 Electrclytic. l3ieal3as Casting
l3nal3a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
London Gold Market.

LONDON, November s-The Bank Of
England today received s420,OOO IN Amer
lean eagles from Paris and E35O. uIl in
bullion from elsewhere on The CO... tinent.
and sold fGi1 ,oD in bar gold for shipment
TO the United States
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
WASHINGTON Stock Exchange.

Safes Regular call. II clock nton--t S cou-
ron SIS. $500 at 1903. ,.<
Merrenthaler Linotype : at 1875, IS at 1914
Greene Canarea 100 at 6.
Second National Bank. at 40
After call--Ches apeuke and Potomac Telephone
at 80
Washington Rwy and Elec pfd.. at bIt.
Washington RwJ. and Elec. 4s. $1,000 at 'ih5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
The World Of
Finance and Trade
NEW YORK STOCK MARKET.

Furnished by ". p. H.bb~ & Co. bank
ers and brokers. 14l3 rect. members
New York stock Exchange. Washington
Stock Exchange and Chicago Board of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Aoueduat First Race.

AQTEDUCT, NJ. mber S.-Firsi race.
tuu-year-olds; six Iurlongs-IIessian 10.
Horner}, s 10 ana to l. won; Miss
Sain. io2. (Nottcrl, :. TO :, placa, second:
Jubilee JugGiIs, IS. tMcDanieD. I 20 !. To
show. third. Time. ia 40. Carrollton.
Senator Barrett, Bonnie Alan, Billy B.
Van ana Sylvia G.. also ran.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
BULLS AND BEARS


Special Dispatch to The Star.
NEW YORK, November Sit Is learned
from apparently trustworthy sources that
large part ot the selling yesterday.
particularly in the last hour. was -or
the account of operators who have been
active on the short side for some time
1t Is claimed that early in the day falr
proportion OF the selling was for European
account. From what was heard IN some
quarters last night ana this morning II
is easy to see that the principal operators
on the short side have become more con-
tdaat OF their position within the last Gay
or two than they had been for some days.
While no one vino has given any at
fentioa to conditions in the financial world
looks for a big sustained advance in Sc
curities in the near future. those who are
In the closest touch with the situation
say that they see no reason why the
market should have a pronounced drop
rfom present prices. They believe that
the price movement will be extremely ir
regular and that the market will respond
more quickly to untavorabla news for E
time than II will 10 Developments of a
favorable import
Whether the movement Of gold from
Europe to the United States continues or
not, 1t Is believed by not a few observers
that the monetary situation on this side
will steadily improve
They do not look for any cheap money,
however. for some time to come. but
think that the redeposits and reinyest-
ment Of funds. together with the increase
Of circulation. will have a perceptible
effect WITHIN a comparatively snort time.
a southern banker who is familiar with
conditions in the south and with the al
fairs OF the American Cotton Oil Com
pany says that in his Judgment the d.
rectors were fully justified In not paying
a dividend on the common stock at this
time At this season Of the year the
companys purchases of cotton seed are
heavier than at any other season. and
consequently, because OF the extreme
tightness Of money, he believes that the
directors should keep the money they
nave for working capital, instead of pay
ing it out d dividend ON the common
stock. 1t viii be interesting to know in
connection with this action on the com
mon stock dividend that now the com
pany is able to buy cotton seed at 81
ton. against price of 500 not long ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-08
Closing Quotations

Closing Quotations.
Az the close of the stock market the
following stocks had changed in prize
s;hHe "nove quotations. there being no
change ii ba-aECa of the closing quota
lions.
Amalgamated Copper, 4s24
american Smelling, G6a4
Ara mn suga!, $685..
Anaconda. 3211.
Atchis0n, Topeka and Santa Fe, pfd.. So.
Brooklyn Rapid Transit, 81
Canadian Pacific III.
Chicago Great Western, ia
Chicago. MI G. St Paul 1927.
Colorado Fuel * Iron, 16a.
Consolidated Gas. 9Di2.
DclaWa.. {. Hudson, ISL
Denver a Rio Grande. 1Tas
Manhattan Elevated. los.
Mexican Central, IA
Mo, Kansas Il Texas common. 24la
Mo, Kansas & Texas pid., 54La
New York Central 9Sla
Northern Pacific. 1U9s
Pennsylvania K. r., 10
Reading, 1884,.
Republic Steel 6. Iron, 10
Republic Stee &Iron pfd.. Jsa,
Southern Pacific. 67i4.
Solthern Pacific. pfd. 1925.
Southern Railway. Dfd., 10
linton Pacific. 1114.
s Ruhbcr. pfd., IS.
l. ). steel .4I%.
L S. Steel pfd.. s-4la
Na.-['ar. Chem Com. l47x
WABASH, Preferred. L..