davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
SATURDAY MARKET
LIKE LAST WEEK
Wall Street Heard That Har-
riman Report Would
Not Offend.

NEW YORK, July 13.-Today's mar
ket, in almost every detail, reproduced
The movement OF last SATURDAY. Prices
opened quietly at q slight gain over
last nights figures. then rose steadily,
and in the last hall hour even rapidly,
recording at the close Of the day some
very substantial advances. The motives
behind this advance were Jwufold.
In the first place the bank statement
showed a gain in surplus reserve Of
5000, OO0 which was as much at vari-
ance with the apparent cash changes
as the surplus decrease a week ago.
In the second place the conviction grew
strong that the report on the Hartman
investigation would contain nothing 10
offend Wall Street sensibilities.
The buying movement converged,
therefore, upon the Hartman issues,
but the rest Of the active list was al
most equally strong. and the whole
proceedings emphasized the sold out
condition Of the maraket.
There is little to be said OF the bank
figures, except that the 100000 cash
increase more than made up for last
weeks errors of understatement, while
the S10,S0O,0lO loan decrease reflected The
familiar shifting Of creditors
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
LINCOLN EXCHANGE
IS FLASHED OPEN
TO 5000 PHONES
In IS Seconds Business
Is Transferred From
d" East. "
New $4,000 Building
Contains Many Com
forts For Girls.

Hello Central Give me Lincoln q.
This was the telephone call last night
at the moment when one OF the most
interesting acts, showing the degree OF
perfection attained In telephone engineer
ing, took place as 300 subscribers OF
the Chesapeake and Potomac Telephone
Company talking through the East
branch. We're connected IN one minute
and fifteen seconds through TIE Lincoln
branch Of the company. In otnCr
words. the subscribers who were talk
ing at 0 o'clock last night through the
b street northwest exchange, were using
the telephones at 9.O1I5. through the
new Lincoln exchange at GO y street
northeast.
No ceremonies attended the opening OF
the new exchange. Forty-nine opera
tors We're at the switchboard az
O'Clock waiting for the flash Of the
lights showing the subscribers were cali
ing. Promptly on the stroke of the
hour, certain tags between relays were
taken out. and the telephones cut in 20
the new exchange. Instantly there Was
q flashing Of lights. and the buzzing Of
the bells showed the new exchange was
open for business. But one minute and
fraction was needed 10 make the
transfer. and from then on the operators
were busy answering the calls OF the
subscribers. and reminding the users d
the phones that instead Of East %
Il was Lincoln . that was wanted
Although there are larger exchanges
in the country. there IS none better
equipped than the new Lincoln EN-
change. The three-story building. erect
ed at a cost OF $4,000, contains the most
modern telephone apparatus, entailinl
an expenditure. estimated by some. 81
S250.O
The building Is a three-story AFFAIR
In the basement are the cable entrances
and the heating plant On the hrst tool
are the storage battery, power plant
fee that viii be opened later. on m
second floor IS the switchboard and m
operating room. where fOrty-nine girl
were at work last night. There is room
for rs girls
The entire third floor IS given over q
the use Of the operators The remain
ing room has been given over TO tn
use OF the girls during the lunch hour
/ the company furnishing the emplOye
! tea. coffee. and milk.
The exchange has a list OF 300 SUB
( sCribers, with a capacity OF D,U9e iele
phones. The growth OF the telephou
, business may be cleaned from the rae
that of the 300 telephones IN use Il
/ Washington. one-half have been IN
stalled since January l, l9Ji
J Telephone books with the East mum
/ bers marked Lincoln" are being dis
( tributed, and II IS believed that all sub
I scrfbers will be supplied by Tuesday
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
ARCHBISHOP OF CANTERBURY,
Famous Prelate Who Favors Equal
Suffrage.

LONDON. July 13.-A lively debate has
recently taken place I'm the house OF
lords on the subject Of Eternal Won
an" 4 bin was brought IN qualifying
women 70 sit on county and borouga
councils. the second reading Of which
was carried by III votes 10 g. The de-
bate that followed on the subject Of the
suffrage was very amusing. Lord Crewe
pointed out that women already were
represented on s.00o bodies and were ex-
cluded only from about 800. "One con-
eeption OF woman" he said. rs that OF
combination Of maid-of-all-work and
mlnistering angel. that. together with
the cult OF the saucepan anG +he man
gle, she should be prepared 10 stand by
and wipe the heated brow Of the eXalt-
ed being with whom she was privileged
% live. After a life of blamelessness
and barley water. she was supposed %
retire TO a chimney corner and employ
herself in making underEarments for
innumerable grandchildren. II she was
not 60 constituted as 10 III this picture,
she was regarded by some as being de-
termined 20 enter upon a career OF
breaking up political meetings and as
saultlng the police There was plenty
l.
woman 20 sit on public bodies and ex.
ercise much useful influence in matters
Ike sanitation. the care OF children OF
lunaucs. and the housing OF the work
I ing classes"
The archbishop OF Canterbury very
7 pertnently pointed out that the .aues-
I ton was not one OF the rights and
I wrongs Of women but Of the rights and
I wrongs OF the community. who were
entitled 10 the administrative assistance
/ that would be afforded them by com
I petent women.
Lord St AldWyn made an unfortu-
nate hit when he said that there were
/ some places IN which women were out
/ OF place. for instance. on the watch
| committee and IN the finance commit
| tee II was notorious. said his lord
snip. that the sex was often in diff
\ culues IN the matter OF expenditure
/ Lord St. AliWyn. like many others, T.
I judging the facts by his knowledge OF
I women o. his own class II is vel
( known that the fnancier among tn,
working people is the woman. L T.
she 10 whom the husband eonhdes hi.
wages. VINO lays them ouS 10 the very
best advantage, and who probably car
make money go further than any othel
( being In the world ] think on the scor,
F. OF the manipulation Of finance none
need be afraid Of women. for the value
/ or money and the amount Of its pur.
chasing possibility are subjects OF
. which she is decidedly strong
1t is certainly an interesting featur,
, OF the times that tie chamber. whicl
cannot in any sense be considered pro
gressive, faces with an epuauimit,
which amounts almost 10 appreciation
the entrance OF women into the muniC
ip1l life OF the land
The Norwegians have so far followed
the example OF Finland that they nav
given the vote 70 women. The Mort
s certainly coming out into the light
and there IS little doubt that their eX
ample viii shortly be followed by IN
/ other nations.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
NEW SAVINGS BANK
FOR WASHINGTON
Dime Savings Institution
Will Be incorporated I'm
der Virginia Charter.

Washington IS 10 have a new savings
bank, designed especially for the &C
commodation Of small depositOrs- The
Dime Savings Bank. OF Washington,
d. c., will soon be incorporated under
a Virginia charter. with 5000 shares Of
capital stock of a par value OF SO each.
Already $4,000 has been subscribed by
a number of prominent local business
men, and the application for charter
Will be made as soon as the necessary
amount has been subscribed.
The projectors plan 70 either lease a
suitable place in the downtown business
section, or build a banking house for
themselves. A site is now being looked
for
il is the intention 10 model the bank
after the Dime Savings Bank, OF New
York, and 20 be ready 10 receive deposits
IN the fall
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
C0NS0LS CLOSED HIGHER
IN LONDON YESTERDAY

LONDON, July 13-ConsoIs today
closed 1-16 higher at sp4 ior money and
81 5-16 for account Canadian Pacific
remained At $50, Grand Trunk was un-
changed at 2S5s. Anaconda was u
pounds unchanged. Supplies OF money
were plentiful in the market today and
demand was quiet. Discounts were
quiet.
On the stock exchange business was
quiet, but hrst-class securities were
steadier, with the easier money. Au,er-
leans opened irregular. improved 10
about the parity during the session on
moderate bear covering, and closed
steady. Foreigners were inactive.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
COTTON MARKET CLOSES
STEADY IN NEW YORK

NEW YORK, July 1S.-There was the
same kind OF narrow and professional
market conditions to the trading in cot
ton today as obtained yesterday and
Thursday. There was a continuance of
bear manipulation by the leading inter
ests, heretofore most aggressive on bull
side. This kept the trading element In
a nervous and apprehensiye condition,
and the way the July, August, and Sep
TENDER options we're offered down 70 a
heavy discount compared with the rest
OF the list, as against the premium Of
Il TO II per pound they showed at the
close of last week, was sufficiently i'm
pressive In regard 10 the force behind
this selling movement and bear manipu-
lation.
The days price: July, IL 4jN11-55; Au-
gust, l1-S6qll57, September. u.TUllsS;
October. 11.66; December, III bid, Janu-
AIRY, u.7Sdl1T9; March, llS59ILgl
The market closed steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
NEW YORK COTTON MARKET.
CHICAGO GRAIN MARKET;
PRICES BETTER YESTERDAY

CHICAGO, July 13.--Graiu prices were
better for the day. advances being shown
OF %q5s in wheat, ls012 in corn. and
Bd1 cent In oats.
The bulls feel sanguine of success. as
they expect heavy crop losses abroad,
coupled with the poor thrcshing return
from the winter wheat belt and the
rather unfavorable crop prospects in the
Northwest. 70 set the market atire
sooner or later. James A. Patten, fusr
back from the spring wheat country,
and /. 5. HOyt. who has covered the
grain country Of the Northwest. con-
slider the crop prospects as bullish.
Corn was a spasmodic market. swing
ing within narrow limit, ruling dull
one moment. and active the next
Z Close: Wheat September. y4%: cOrll
September. 5iA; oats. September, 40.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
cANADA'S MANUFACTURES.

Canadian manufacturing industry
seems to be advancing by leaps and
bounds. Judging from a bulletin issued
by the Canadian Census Bureau. which
shows a total value OF output In 1893 OF
SIS O95. 965. as against S4S1, O53. 373 IN 1900
and 1855. 6s6, 723 in 1890. Thus in fifteen
years the factory output appears 20
have nearly doubled, and the gain in
the five years from 1900 10 1905 was
nearly 80 per cent. Ontario leads IN
manufacturing interests, with an out
put OF $3.50. 692.144. with Quebec second.
with an output of S2l7. 224.0 73. Montreal
IS the leading manufacturing city. with
"a value OF 500. 74e.772. followed by To-
ronto. with an output OF Sf,6S9, 25S.-
Bradstreet's.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
DEEP CASH IN FOREHEAD,
SAY BOY WAS DRUNK

forehead, which. It IS said, he received
by falling while under the influence or
LIQUOR. Bruce McNamee, a seventeen
year-old boy, living with his parents al
SOS Rhode Island avenue northwest. was
taken to The Emergency Hospital last
night. The boy was found in Dupont
circle about 1880 o'clock.
Asked by the doctors at the hospital
where he obtained the liquor, McNamce
said. ,.
I didn't get drunk myself; Willie
made me drink
The physicians were unable 20 get
him 10 say who he meant by Willie
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
NEW FEATURE AT THE PARKS.

Every wear Il is necessary 70 intro
duce some new features AT the amuse-
ment parks. and the novelty this year
Is the telephone garden BY means
OF transmitting Instruments located In
the trees ana other points. the music
Of the orchestra. is 10 be heard al every
point over the ground, seemingly issu-
ing from the clouds The effect Is per
picking and At the same time pleasing
The innovation was tried cxperimentally
last year IN Chicago and IL has been
introduced tnto a number OF other parks
In different parts Of the country
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
TOTAL SALES OF WEEK
ON WASHINGTON EXCHANGE

The weeks business developed 2 vol
ume of transactions quite unusual for
the middle Of July. Almost four times
the number Of shares were traded IN
a. in the previous week and almost
twice the number Of bonds.
OF course, the whole market was
stimulated by the unusual conditions in
Gas, although it viii be noticed that
over half Of the volume Of trading was
in that issue.
Last week was the second fvA-day
week Of the summer, so that the vol
ume Of bushes is all the more notable.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
PENDING AN AUTOPSY
NEGRESS is DETAINED

Julia 4. West. coIored, twenty-three
years old. OF 345 Sumner avenue, Ana
costa, was locked up al the House OF
Detention last night pending an investi-
CATION into the death last Tuesday Of
Bertha Montgomery, and eighteen-year-
old colored girl living at 1903 Walter
street southeast Deputy Coroner Glaze
brook, who is the complainant against
the West woman has ordered the body
OF the Montgomery girl disinterred. and
an autopsy will be performed Monday.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14

Charles Ennis. 3oIored. stabbed James
Harper. also colOred. ia the left side.
this morning at i'9o O'Clock, In Navy
place.
Harper was taken 20 The Casually
Hospital. where he Is in a critical con
dition. When Policeman Moran tried
10 arrest Ennis. the latter tried 70 stab
the officer. .and then fed. lie has not
been apprehended.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
Stronger Coast Defenses,
General Murray's Duty

Brig. Gen Arthur Murray. chief Of
artillery. accompanied by Lieut.. Com
mander Spencer wood. naval aid 10 Ad-
miral Dewey. as president Of the Gen
eral Board. viii leave Washington to-
morrow TO begin a course Ct operations
looking TO the general strengthening OF
the coast dcfenses OF the country. IN
creaEing the creation OF the most eN-
tensive fields Tor mines that has ever
been seriously contemplated by the army
and navy
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
FIND BODY OF UNKNOWN
FLOATING IN NORTH RIVER

NEW YORK. July 1S.-Policeman
Thomas J. Corbett. Of the harbor squad,
found the body of an unidentified man
about thirty-fve years old. floating IN
the North river between piers 1 and =.
Then man was about five feet eleven
inches tall and had sandy hair and a
light complexion.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
STOCK QUOTATIONS
ON WASHINGTON CHANGE

The following table, furnished by Grif-
fin. Halstead < Co.. brokers, 1874 +
street, members OF Washing ton Stock
Exchange, shows the opening. highest.
lowest, and last sales on that exchange
last week. Prices are for quotation lots
only.
Bonds. Open. High. Low. Last
s. 600 Wash. Gas CtfsI05 los los los
$500 Wash. Gas As. .I01k 10lh 10lL 1919
1880 Cap. Trac. SIS. .110l4 I10fs 1895 l097s
$4,000 Wash ny. IS. S1i S11s SIH Sll4
s.. 600 Pot. FL. 1t. 5's..102i4 102bt lO21s I02l4
Stocks.
81 Cap Trac .........12s1k 12SJk I2SIk I2Sik
S35 Wash Ry. CON-. 81 81 81 81
257 Wash. Ry. pfd..... Il MS q us
Esp Wash. Cas-. GSh 74Is 6Sil '7iIz
IS Mergenthaler--- 20f 205 206
500 Cananea .......-... l79s l75s 113s l1Ss
$50 Mitchell ...----.-.-- 3ss 3S 81 81
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
EXCHANGE AT 4.84-87 1-2
POSTED RATES YESTERDAY

NEW YORK, July I2-Money on call,
none.
Posted rates. sterling exchange. ASIA
S71A, with actual business IN bankers
bills at 4S66696j for demand. and
4SS25Gh for sixty day bills.
Prime mercantile paper unchanged.
London bar silver lied lower at 81 ZIG.
New York bar silver ga.
Mexican dollars 5252.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
RALEIGH ELKS ARRIVE
ON WAY TO PHILADELPHIA

Sevepty-five EIks, Of Raleigh, y. c..
on their way to Philadelphia to attend
he annual convention. arrived in WASH
iugton last night. They viii visit points
of interest in and around Washington
today, under the guidance Of Tom
Pence.
The visitors are stopping at TIE Raj
eigh and National hotels.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
WOMAN NEARLY BROWNS
WASHING HANDKERCHIEF

NEW YORK. July 13.-NIrs. Mary Nc
Cormick. seventy-five years old. who
says she has no home. got into the East
river near Eighty-ninth street wharf
about daylight this morning. and would
have drowned had not John Boyle, OF
lS2 East End avenue. jumped in after
her and dragged her out. The woman
said she was washing her handkerchief
at the wharf, when she fell into the
river.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
CAUGHT IT JUST THE SAME.

Wigwag-What Is your wife mad about
now?
Henpeckke-Hsr absent - mindedness.
She was going 10 scold me about some
thing. and she can't remember what IL
wus.-Philadelphia Record.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
STOCKS, BONDS, MONEY, AND GRAIN
FINANCIAL GOSSIP.

An indication OF what the course OF
Washington Gas VIII be on the local
exchange tomorrow is pointed out In
the curb sales Of that stock within the
past two days at 70 and &c. The latter
figure was given for number or
shares yesterday.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14

Representatives of the General Eiec-
trio Company are confident that that
corporations entire issue of $1,000. coo
OF per cent debenture bonds VIII be
taken. The subscription privilege ex-
pires July 20. when the first installment
of 50 per cent is payable. So far the
subscriptions have been satisfactory,
while many OF the largest shareholders
have signihed their intention of sub
scribing for the bonds 10 the full extent
10 which they are entitled.
Leading interests in the country point
10 its working capital OF almost 10000
600 as evidence Of the security Of the
new bond issue.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14

THE CURB MARKET

tQuotBtIon8 furnished by A o. Brown 3
Co. Munsey Building: Members New York
stock EXCHANGED
Saturday. TuIg Fri
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
Milliken Failure.

The increase in liabilities Of failures
IN the firsc half Of the year, as com
pared with the corresponding six months
OF 1906, may be found in the manufac-
turing division in the month Of June
As compared with the same month last
year, this section shows an Increase Of
almost s.. 800 900: tWo-thirds OF which was
supplied by the single Milliken failure,
while one builder and one cereal con-
Germ supplied most Of the balance
Five Of the fourteen manufacturing
classes show considerable Improvement
as compared with the liabilities In the
same month last year, while In the
other six divisions the changes were
small. AS 70 number. there was de-
crease OF thirteen. as compared with
manufacturing failures in June, 1906 I'M
provement being conspicuous In cloth
ing and miscellaneous. The decrease IN
number and IN Liabilities In many Occu-
nations emphasizes the extent 10 which
the manufacturing returns for June
were distorted by a few exceptionally
large defaults.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
June Failures Same.

Trading failures were almost identical
with those Of the same month last year,
both as 10 number and amount OF la
biliues. and showed substantial de
creases, as compared with the two pre-
ceding years Liabilities were smaller
than last year in nine Of the fourteen
trading classes. the largest decrease be
ing In hotels and restaurants, while
clothing provided the only noteworthy
Increase. about $4,000 In the third
general subdivision OF brokers and trans
porters, including real estate. insurance.
and similar failures. there was the same
number Of failures as last June. but a
decrease Of almost 81, 600, 600 In amount OF
liabilities
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
NEW YORK STOCKS

tQuotauons furnished by A. o. Brown q
Co. Munsey Building; Members New York
Stock EXehangel
ft7r.l9, NO.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14

Ulu as evidence Ol INT EtIuAAbJ VI ttio
new bond issue.
Kuhn. Loeb & Co. who recently IN
derwrote the $6G00O00 of three-year 6
per cent collateral notes issued by the
Westinghouse Electric and Manufactur-
ing Company last week, announced That
all of these notes had been resold 10
private investors and banks
Within the past two or three days the
city OF New York has sold, IN round
numbers. about s.. 100000 revenue bonds.
which il is understood have been large
" placed abroad. These bonds have
been issued at various rates. some Of
them bearing as high as rs per cent
The proceeds are being used by the city
to pay of some short term obligations
which were put out a few months ago
TIE Yetman Typewriter Transmitter
Company, of New York, has been incor-
porated with the secretary Of state with
a capital or yl,5OO,OOO. The directors are
Samuel Johnston ana Richard II. Bears,
of New York, and william a. Cowel.
Of Hackensack. n. J.
The new process OF extracting silver,
cobalt nickel. and arsenic from the CO
bait ores. which win be installed at the
NIpissing mines. should prove OF the
highest Importance IN the development
OF the property.
Application has been made TO list on
/ the Stock Exchange $4,000 preferred
stock. 1897 200 common stock. and 81
/ $4,000 FIRST and refunding mortgage ~
( per cent bonds Of 1851 OF the Connect
cut Railway and Lighting Company.
Until the bond market has been
cleaned up and the money situation
/ cleared, no one In Wall Street IS willing
/ 70 predict an advance In prices of any
! duration. A tighter money market is
| being looked for, although 10 what ex-
J tent rates may be affected no one is pre-
pared to say.
! 1t is very evident that the men in
! charge of the great ELECTROMAGNETIC O-
/ politan merger are not wOrTying-at
| least that is what they say. As TO those
/ who bought the common stock around
50 and the preferred above 50. Il is a
matter Of some consequence that the
combination has been so hercely at
tackled by the chief law official OF tht
State. Wall Street thinks II is a very
pretty fight. and is an interested spec
tator.
Should Congress carry out the sugges
ton. Il IS said President Roosevelt vii
make, that the Government purchas.
small holdings Of stock In various rail
roads sufficient 20 elect directors. Wal
Street is wondering how the election o.
these directors IS 10 be brought about
A man may hold a large block OF stool
in a railroad ard yet fail OF election I,
the directorate. This scheme Is no
taken seriously in the Street. but il ha
been the occasion OF a good deal o
| trepidation, nevertheless.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14
10 General weakness

There was also one large failure in
liquors and tobacco, and one in glass
and earthenware, but the other occupa-
lions In which there was an increase
did not show any striking change. nor
is there any evidence Of general weak
ness in the industrial situation
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-07-14

Kuhn. Loeb & Co. who recently IN
derwrote the 100000 Of three-year
per cent collateral notes issued by the
WESTINGHOUSE Electric and Manufacture
ing Company last week. announced that
all Of these notes had been resold Ia
private investors and banks