davidaulloa/AmericanStories huggingface dataset:
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
DROP IN WHEAT.
A Decline of Four Cents in
Chicago Market.
Grain Prices Affected by the
Financial Situation.
BOTH CORN AND OATS.
Are Lower in Sympathy With
the Existing Conditions.
All Trading Suspended by
Duluth Board of Trade.

Chicago, Oct. 2S.-The financial condi-
ton in New York and the action of
the local banks in deciding to issue
/ clearing house certificates, and to de-
mand full legal notice on withdrawal of
savings deposits caused weak market
in all the grain pits today Wheat with
| in d snort time after the opening struck
| a point four cents lower than the close
of Saturday. The opening for Deem
! Der wheat was at 971a cents to IS cents,
| which was 21s cents to 23s cents under
/ the final quotations of Saturday and
| from this point the price slid down to
! Sc cents At 1880 o'clock it was holding
at 81 cents. The selling was in quite
! large volume, but the demand was slack
and buyers were to all appearances ex-
tremely reluctant to take hold.
Brief rallies took place after the
breaks, but the principal buyers were
shorts. There was little buying for in
vestment, and the refusal of the banks
to pay out large amounts of cash linn
tied the opportunities of prospective
purchasers to put UP the margins de-
manded by the brokers.
Both corn and oats were weak for the
same reasons as effected the wheat
market During the first hour Deem
Der corn ruled about 1 cent below the
close of Saturday and oats about rs
cents lower.
Trading Suspended.
Duluth. Mimi, Oct. 28.-Trading in
grain was suspended on the Duluth
board of trade this morning owing to
the money conditions. No sales were
made in either cash grain or the OPP
lions this morning, although the trad
ing room was open and the members on
the floor. Business will not be resumed
until conditions improve, and the coun-
try elevators are being advised not to
buy grain.
a Fail of Three Cents.
New York, Oct. 2S.-The prices of
wheat declined sharply this morning on
news of a AZ break in prices at Min
neapolis. Values here fell &c a bushel
in the first hour.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28


would have been able to do SO.
A statement of the condition of the
Bankers Trust company at the close
of business Saturday night last show
ed: Loans and discounts, s65S, 701:
stocks and bonds. $59S,581 cash and
sight exchange, $114,54T; deposits,
s798, 245.
There was but eight thousand dol
lars cash on hand when the bank
opened this morning.
Reno Banks Reopen.
Reno, New, Oct. 2S.-Every bank in
Reno opened for business today Dur
ing the last 4S hours confidence has re-
turned to the people and the belief that
there would be nothing which could be
called a run proved to be correct today.
A few depositors gathered at each in
stitution and all were paid their de-
mands promptly. Huge stacks of coin
and currency are in plain sight behind
all the counters, and the general air of
confidence that pervades the institU-
tons has done much to dispel any fear
that may have been aroused.
Call for Police
Chicago, Oct. 2S.-Shortly after
noon a call was sent from the Hiber-
MAN Savings bank for a number of
police. At the bank about 100 people
were in line anxious to withdraw
funds or give notice of withdrawal
and the officers were desired to keep
the line in order There was no ex-
element and the situation there was
unchanged
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
New York stock Market

Wall St. New York, Oct. 2S.-STOCKS-
Prices of stocks opened at sharp advances
over Saturday with the exception of some
of the less active issues. in which there
were declines. American Smelling started
points higher did Northern Pacific,
Sugar Westinghouse Electric and Toledo,
ST Louis and Western preferred. Anal
gamated Copper rose IL points Union Pa
cific IL points and Louisville and Nash
Vile Atchison, Southern Railway prefer
red, Erie first preferred, Anaconda and
titan Copper / coint North American
sold at a decline of 27s points Central
Railway of New Jersey points, South
ern Pacific preferred III points and Amer
lean Car about 4 point.
Some of the active stocks yielded after
the initial dealings, Union Pacific. Read
ing and American Smelling reacting a
point. Elsewhere the tendency was sharp
" upward but buying was very light.
Toward the close of the hour the market
rallied to the opening level or above,
Amalgamated Copper rising to SIS. gain
of 2Ik points. Mackay companies gained
s.. points ST. Louis Southwestern prefer
red a. points. Illinois Central points,
National Biscuit and Consolidated Gas 3
points. Westinghouse Electric points,
Great Northern Ore Certificates az points,
b & o. "a points. Northwestern and Ma
tional Lead . points and Missouri Pacific.
Federal Mining preferred. United States
Steel preferred and International Paper
preferred 1 point. American Telephone
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
CHAs. WHITE HASN'T a FRIEND.
Demcnted Tramp Will Be Sent to An
other Town.

Charles White. the tramp who was ar
tested several days ago while eating
weeds near the Rock Island bridge, is a
case without a remedy. This unfortunate
man, who, although the dirtiest tramp
ever arrested in Topeka, and Saunt from
starvation, seems to have been of good
family, is demented. At first his queer
actions were thought to be assumed for
the purpose of escaping punishment. and
We're highly humorous. 1t has at last oc-
CURED to the police that his case is pit
liable and tragic. His disordered mind is
probably due to privation. He can not be
taken to the asylum, because he does not
belong in the state He is mild of manner
but firm in one thing. He positively re-
fuses to tell where he came from, the
names of any relatives. When asked if
he had any people he replied: THAT 1
must decline to tell you.
He will be given a ticket and shipped
out of town, and the next place he lights
he will be treated in like manner.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
COMMENDED BY ROOSEVELT.
CorteIyou Is Congratulated on His
Handling of Financial Affairs.

Washington, Oct. 2S - President
Roosevelt has sent to Secretary C0rtel-
you the following letter:
Il congratulate you upon the admira-
BILE way in which you have handled the
present crisis. 1 congratulate also those
conservative and substantial business
men who, in this crisis, have acted with
such wisdom and public spirit. BY their
action they have rendered invaluable
service in checking the panic, which
was threatening to destroy the conf
dence and credit necessary to the con-
duct of legitimate business.
mo one who considers calmly can
question that the underlying conditions
which make up our financial and in
dustrial we'll being are essentially sound
and honest. Dishonest dealing and
speculative enterprise are merely the
occasional incidents of our real pros
rerity.
The action taken by you and by the
business men in question has been Of
The utmost consequence and has secured
opportunity for the calm consideration
which must inevitably produce entire
confidence in our business conditions"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
BURIED IN D0ORYARD.
Charles HossecIz Didn't Want Doctors
to Ascertain Cause of Death.

The funeral of Charles Hosea elk
was held a his home near Willard on
Sunday and was attended by a delega-
ton of Masons from Topeka. Mr..
Hossack had been sick for a long time
and died on last Tuesday. He was a
bachelor and was very eccentric. In
accordance with his instructions his
body was buried in his own door yard
in a cement encased vault and it is to
be guarded for three months by Frank
Stone, who had been in his employ
for many years so. as he said, THE
doctors couldn't find out what was the
matter with me-"
Hossack had accumulated consid-
cradle property, the bulk of which
will probably go to relatives
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
BUSINESS GREW TOO FAST.
That Was the Only Trouble With the
Westinghouse Concerns.

Pittsburg Pa, Oct. 2S.-The great
payrclls of the various Industrial estab-
lishments in this vicinity were met in
full Saturday without any bank which
furnished money for that purpose draw
ing on it's reserve fund. The first state
ment by the receivers of the Westing-
house Machine company was made
public and says:
There should be no occasion for ap-
prehension because of the company's
application for receivership. This ac-
ton was deliberately and thoughtfully
taken as a sensible and logical meas
ure for conserving the interests of the
customers, creditors and stockholders
of a solvent institution which is doing
a large and profitable business.
The Westinghouse Machine COM
pany has been suffering from nothing
more serious than rapidly growing
and profitable business. This has neces-
STATED the employment of considera BILE
borrowed capital and credit throughout
the country. the sudden withdrawal of
which would have seriously interfered
with the manufacturing operations of
the company. There has not been even
a momentary pause in the operations of
the company. There will be no depar-
ture from the general policy that has
hitherto obtained in conduct of the
business"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

la ton on the currency question.
with the clearing houses of al
commercial centers issuing clearing
house certificates, it would seem &c
provide a sufficient object lesson to in
duce reform in the currency laws in
the next session of congress-
Gustav H. Schwab, an exporter
said:
I'm my opinion we have seen the
worst of the crisis. I look forward to
a speedy reimbursement in which it
will be found that everything is all
right
John NJ. Arbuckle. coffee and sugar
merchant, said:
'It seems to me that business gem
orally is so good that the situation in
the financial field must improve.
From what 1 have. seen and heard
of existing conditions 1 have formed
the impression that instead of saying
the worst is yet to come as is so
frequently said, when new and serious
conditions arise, we should all say
the worst is over and normal cond1-
tions will soon be resumed
Robert J. HoQuek, silk merchant
and banker, said:
"Such a disturbance as the financial
world has just passed through is like
cyclone. 1t does its damage in a
hurry I think the financial cyclone
has spent its force. From this time 1
look for a great Improvement
Cornelius n. Bliss, wholesale dry
goods merchant, said:
There is little doubt that the seri-
Gus danger is over"
James E. Nichols, of Muslin, Mich
OILS & Co., wholesale grocers, said:
ct believe the financial situation is
we'll in hand now and the action OF
the banks will establish credit such as
the hysteria of the public has dinin-
ished. Mercantile business every
where IN the country is excellent.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Kansas City, Oct. Is.
h LOW Close Sat
Kansas City Live Stock.

Kansas City, No. Oct. 2S: -GATTLE soo
head of southerns Market steady. Ma
tive steers $4.5o@6 40; southern steers o SO
@400; southern cows, $20Od3lO; naive
feeders, s. 75@4.6O; bulls, 81. 25G3. 60; calves,
S.. 75GI5. 75 western steers, $3.4O0460; west
ern cows $2.2503.50.
HOGSReceipts today 5000 head. Mar
ket 5G10c higher. Bulk of sales, g 5 90
5.75; heavy, s.. 5005.10; packers, S56o0o-so;
pigs and light, s5.3oa5.s5.
SHEEP-Receipts today 5000 head
Market steady. Muttons, $4.50G5 so; lambs;
S5.75d7.1O: range wethers, $4.15@o.oo; 1ed
ewes. S4.25@5.75.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
CARNEGIE IS PLEASED.
Surprised That the Decline in Stocks
Was So Small

New York, Oct 2s-Andrew Carne-
gle upon his return from Europe,
said:
ST was delighted to read the good
news this morning. / am surprised that
the fall in stocks has been SO small.
This proves that the situation is not
alarming and the country is all right.
Investors have only to hold on. The
financial authorities have acted boldly,
but wisely, and the furry will soon
blow over. It is quite right that saw
ings banks should require notice
TT should not be forgotten, however.
that we have had the greatest expan-
sion of modern times and sure as fate
reaction must come and has area dy
begun. But it will be healthful. We
may have a season of less activity in
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
New YorI, Produce Market.

New York. Oct. 2s.-BUTTER--Marke t
steady Creamery. extras, 2Sc; thirds to
ffrsts 236O27c; held first to specials, 26Q
2S1hc western factory, common to firsts,
20623c.
cream small, colored and white, Septem-
Der, fine, 16l4c;. ditto, October, fine, iSc:
large colored. September, fine, 1910; ditto
white. Ice: ditto large. colored, October,
fine. 16c; ditto, white, 154c-
EGGS-Market firm. Western firsts, %
@25c; seconds, 20d22c.
POULTRY-Dressed weak and unset
tied Western spring chickens, 126D15c ;tur-
kevs 1sM1Sc: fowls. 1O@121zc.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Kansas CITY Produce Market.

Kansas Civ. Oct. S.-Close-WH HEAT
Receipts 259 cars. Market 4@5c lower
Dec, 927sc; May, $3.50. Cash: No. hard,
91a9ic; No. hard, 90@93c; No. red, $40
@55c; No. white, 5619c; No. white z &C !;
CORN-Lower. Dec, 5GAc; May, 53esc;
Cash: No mixed. SIC; No. 3 mixed, 541a
GI55c; No 2 white, 561z1ac: No. white, Sc
OATS-Unchanged. No. white, 41@ 4Sc;
No , mixed. 46Gt47c.
RYE-Steady. 754S0c.
HAY-Weak Choice timothy, $13.o0@1S.5o;
choice prairie. 81. COOLIES.
BUTTER-Unchanged to lower. Cream
ery 2Sc; packing, 19c.
EGGS-Steady. Extras, 21c; firsts, 19c.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
New York Money Market.

New York. Oct. 2s-MONEY-Money on
call strong, demand 6Q75 per cent, ruling
rate 80 per cent, closing offered at per
cent. Time loans nominal
CLOSF-Prime mercantile paper 1G11z
per cent; sterling exchange nominal, with
actual business in bankers bills at A.SS@
4S3A
SILVER-Bar silver, 6o1zc; Mexican dol
ars 1850.
BONDS-Government bonds steady.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Cbicaeo Live Stock Market.

Chicago, Oct. 2s.-CATTLE-Receipt TO-
day about 200 head. Market steady.
Beeves. So. 606I7 10; cows, s1.20G5.0o; calves.
81 5O16. rs; Texans SO 5od4.4o; western, $3.50
15.75: stockers and feeders, 81. 40G4oo.
HOGS-Receipts today about 5000 head.
Market 5@1Oc higher. Light, $5.65q6 70;
mixed, s.. 6016. %; heavy, $5.35G6. 20; rough,
s.. 35@5.50; pigs, s450Q5.65; bulk OF sales'
SHEEP-Receipts today about 1000
head Market weak. Native, S2l0d6. % ;
western, s.. 70Gt5. As; yearlings, S9.9Qo-90;
Iambs 81 sou. 90 western. s4.50@1: is:
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Deeth From Runaway Accident

Reno, New. Oct. 2S.-Nate Rolf
state auditor of Nevada, supreme rep
resentative from this state of the
Knights of Pythias, and one of the
most prominent men in Nevada, died
at 1920 o'clock at his home last
night as the result of internal injuries
received in a runaway accident ten
days ago.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

A meeting of the board of managers
of the state reformatory with Governor
ternoon for the purpose of going over
the evidence taken in the trial of the
charges against Superintendent Mar
shall of the institution, has been post
poned indefinitely because of the gov
errors failure to return from Wash
iQgtOQ.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Chicago Produce Market.

ChicagO. III. Oct. NEUTRALITY-SUSPICIOUS.
easy. Daisies, 151ac; Twins, 15c; Young
Americas. 151zc.
POULTRY-Alive poultry weak. Tur-
KEYS 14c; Chickens Ice; springs, 1O1zc.
BUTTER-Market steady. Creamery, %
d261ac; dairy. 2113@241zc.
EGGS-Market steady. At mark, cases
included 171%d201ac.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
ninety DAYS for "Cussing. s.

Montclair, N. J., Oct. 2s.-For insult
ing a girl who rebuked him for shoot
ing craps in front Of her home, James
McFochey, So years old, has been sem
fenced to 80 days in the Essex county
penitentiary by Recorder Henry l..
Yost, who said that he intended to dis
courage profanity among the young
generation here.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Chief JaiIer Killed.

ST. Petersburg, Oct. 2s.-General
Meximoffsky, director of the depart
ment of prisons of the ministry of the
interior. was shot and killed today
The general was the highest respon-
sible officer connected with the Rus
sian prisons and it is expected for that
reason he was selected for assassina-
ton by Terroriets.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
STATE HOUSE NOTES.

Governor Hoch. who has been in
Washington for some days in the in
terests of the appointment of ]. T.
Dickerson. his brother-in-law to the
federal judgeship for the eastern dis
trict of Oklahoma, was expected home
today. Word was received that he will
not be home until Wednesday. Around
the executive chamber there seems to
be a feeling that Dickerson will land
the place.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
STATEHOOD NOV. is.
President Will Issue Oklahoma Proc
Iamation on That Day.

Washington. Oct. g. = President
Roosevelt will issue the proclamation
admitting the new state of Oklahoma
on Saturday, November 16, next. The
constitution was formally placed in his
hands by Governor Frantz and large
delegation from Oklahoma at II o'clock
this morning.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

w E. Davis. assistant state auditor,
is confined to his home with an illness
and fishing last week down in Meade
county and returned home on Friday
last with a cold which has develo2ed
into an illness that confines him to his
BAD
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
K 5ZZsSxzs1slS

rose points. Tennessee Copper and Utah
Copper pa points. Union Pacific points
Atchison ia points. Denver and Rio
GrGndc, Colorado Fuel 111 points and
some others a point These advances were
We're maintained. but business was very
light.
Bonds were firm.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
New York sugar and Conee.

New York Oct eS.-SUGAR-Raw sugar
steady. Fair refining, $40; centrifugal. &c
test. $3.50; molasses sugar: sos. Refined
sugar steady. Crushed, $50; powdered,
S.. 10; graduated, $500.
COFFEE-Mar<et steady. No. RIO,
&c; No. 4 Santos SC.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

Charles Barnes, superintendent of in
surance, is expected back at the office
tomorrow after a short visit at his
home in Usage City.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

w. L. A. Johnson, state commissioner
of labor and state factory inspector
and c. E. Bramlette, deputy state fac
tory inspector, will be in Kansas City,
Kan. most of this week making in
spections of some of the large factories
there.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

troopers will not break camp here be-
fore Wednesday morning. when they
will make for the next objective point,
Fort LeaVenWorth.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Cotton Market.

Galveston, Tex, Oct. 2S.-COTToN-
New York oct 2s-CoTToN-sales to-
day. 1890 bales. Spot cotton closed steady
and Is points lower. Middling uplands,
5000; middling gulf, s11.O5.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

Furnished by ]. E. Gall, Commissions
Grains, Provisions, Cotton and Stocks.
Office 110 West Sixth St. Phone 4S6
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Kansas City. Oct; q. j

II Kansas City. Oct. .. 8
CATTLE-Receipts today 1900 head,
Packers waiting orders.
HOGS-Receipts today 5000 head Pac PACK
ers waiting orders. Bulk of sales, so.ooo
5.65; top, 1913
SHEEP-Receipts today 5000 head.
Packers waiting orders.
STOCR Frs AND FEEDERS
No. W.T.. Price No. VT Price.
IS sos $3.50 25-....... 76S 500
No VT Price. mo. W.T.. Price
72...... 1856 $3.50
HORSES AND MULES.
Receipts today $50 head. Market duh
and unevenly low.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Kansas City Live Stock sales Toda,

1.-THE following sales were made today at
the stock Yards. Kansas City, Mo-, and
teIephoned to The Topeka State Journal
by Clay, Robinson & Co, live stock COM
markets.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

trade, Dut that will be followed in duo
time pyf another period of expansion
Nothlng can prevent the rapid progress
TT lies III the nature of things thai
the attempt to attribute the recent and
spasm1d1c fall in prices to the wise
and,S IN the rIruest9Bense. che truly con-
servafiye solve of the president and
his cabinet to enforce the salutary laws
against the abuse of their powers by
certain trusts, is only. device to servs
political intrigue
THE decline in prices, Mr.. Carne-
gle said, would have been greater. had
the people not been assured that in
FeStnents In the stock and bonds of
corporations are hereaftersto be safe
guarded to much greater degree than
ever before.
Nothing is proposed or intended
by the president in this direction
which is not the law in civilized states.
NO railroad CORPORA ton in Europe can
increase its capital or its bonds or can
merge with another without first OBJ
tanning authority from competent
tribunal. Even Canada has its COM
mission for this purpose. 1t is not
only right but necessary 10 supervise
such corporations as we do our banks.
They are creatures of the state. en-
JoylnS many privileges and the inter-
ests OF the nation must be protected.
When this is secured. it will be seen
that the president has peen a truly
conservative force in the country and
That the investor is now protected
from being swirdled by small cliques
or men who abuse their fiduciary posi-
tons as directors
Nothing more is aimed a by the
president than such safeguards as the
foreign investor has at home. Moth
ing of this kind should be objected to
by the honest official, nothing less
should the government give.
Let it be remembered that the
president has been urging this vital
reform for years, during which prices
have ruled highest and that he stands
today just where he did then and
where it is to be hoped he will stand
until our Jaws protect honest investors
from dishonest officials and their
swindling schemes. New York is the
best market in the world because our
country is the most profitable of all
countries for the investment of money
and must continue to be so.
All we have, to do is to convince
the world that our laws protect the
investor as we'll as those of other
civilized countries. This is the presi-
dents policy. He should be supported
in this work
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Topeka Market.
Topeka. Oct. IS.

FURNISHED by Charles Wolff Packing Co
Yards close at noon Saturday.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
Market GOsSiD.

FURNISHED by j. e. Gall, Commissions,
Grains Provisions, Cotton and Stocks
Office ITO West Sixth st. Phone 4S6.]
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
|z3sZE7sSsls|
Kansas City Grain Market.

FURNISHED by J. E. Gall, Commissions.
Grains Provisions, Cotton and Stocks.
office 10 West Sixth St. Phone 4S6.l
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28

Liverpool opening cables: Wheat AQ2sd
higher; corn unchanged.
Liverpool second cables: Wheat A@ssd
lower; corn 1sGAd higher.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-28
IMPROVING.

CONTINUED from Page one.)