davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
PLEADS FOR FAIR DEAL.
Woodrow Wilson Deprecates Gen
eral Abuse Of Corporations.

INDIANAPOLIS. Ind, December 30
President Woodrow Wilson of Princeton
University. addressed the Contemporary
and Athenaeum clubs Saturday night on
Ideals of Public Life" and took ccasion
to make some vigorous thrusts at present
tendencies. He referred to the fine OF
500 100000 assessed against the Standard
Oil Company by Judge Lands. and said
that when the fine is paid we will be worse
Off than we are now, for we did not want
that amount Of money locked up in a
treasury where there Is already surplus
and thus taking it out of circulation.
1.-The vast bulk of the business of this
country" said he, lis transacted honestly
and fairly. The curse that lies on this
country now is that because one man has
done wrong all men are suspected. and
because one corporation has done wrong
all corporations are suspected. plead for
the protection Of the honest men of this
country. 1t is so elementary principle
that am amazed that we have forgotten
it,
He declared that there is not "a board
of railway commissioners in the country
with courage enough to make a rate for
one road and another rate for another
road" and asserted that no uniform code
of rates will give equal profits and prvi-
leges to all. He said further that 1.-THE
only successful thing that the law has
ever done has been to define the things
that you do not want DONE
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
HOW STOCKS HAVE sHRUNK.
Loss in Paper Value Of Five Thou
sand Millions.

NEW YORK, December 30.-The values
OF stocks dealt in on the New York Stock
Exchange during the year 1907, accord
ing to the closing quotations Of Friday
last. as compared with the prices of De-
cenber 81. 1906. show a depreciation of
s., 669, 552, S25 The shrinkage in bond
valuesii Is estimated at fully $1,000 ,00C
more. making the enormous aggregate OF
s., $50 $50. S25.
In addition to this there has been a
loss of apparent values in mining, indus
trial and other securities dealt in at other
financial centers estimated at fully ST.
J0O,OOO,OO0. so that the total decline OF
investment securities in the United States
during the last twelve months has been
in excess of 5000, 100000.
While this loss has fallen principally
upon the rich and well-to-do, the indirect
influence of such an enormous slump is
felt in every line of industry and COM
mercial enterprise. 1t has been. it is
true, to a great extent at least, the WHIP
ing out of paper or fictitious values: but
it has neve rtheless been accompanied by
an enormous shrinkage of borrowing ca
pacity. and this curtailment OF credit has
fallen heavily upon the railroads and In
dustrial corporations engaged in better
ment undertakings which give employ
ment to thousands.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
THE COTTON MARKETS.

NEEYORK, December 30.-The cotton
marHA opened firm at decline of
points No an advance of Is points. near
mont his Nbeing relatively easier as re-
sulttof bAavy January notices, while later
positions were influenced by steady cables.
! smaYier eastern belt receipts and reports
that the January tenders would be prompt
l ly stopped byLa large spot interest. Trad
ing was quite active and general, and 1t
koked-as though the weak January in
terest had been pretty well liquidated, for
after selling at 1880 on the CALL that posi-
ton advanced to 1852, or IS points higher,
WITH the active months generally showing
net $ains OF 1sa20 points during the early
morning.
There was considerable realizing at the
higher prices, and subsequent fluctuations
we're rather Irregular January notices
were estimated at 10000 bales.
Futures opened firm December. HOO;
January. 1920: February. 1850; March.
10e3S April. 1887 bid; May, 1913; July:
lOTS: August, 10.G0-65; September, offered
1880: October offered 1910
Prices were off from the best during the
late forenoon, but the undertone seemed
steady and the market showed a net gain
of 7a9 points at midday. Trading was
quilt after the first half-hour. and seemed
to be chiefly local
Spot cotton, quiet; middling uplandS,
Estimated receipts at the ports today.
$1,000 bales, against 4S.749 last week, and
11.23I last year. Receipts for the week.
$4,000 bales. against ASH last week,
and 314.4.t2 last year.
Todays receipts at New Orleans, % S61
bales against 27s4l last year.
Spot closed quiet: middling uplands,
11.sO: middling gulf, 1905; sales. 900
bales.
Liverpool Cotton Prices.
LIVERPOOL. December 30.-Cotton-
Spot. moderate business done: prices one
point higher: American middling. fair.
6.I5; good middling. $50: middling, 613;
low middiing. $40: good ordinary. 5.37;
ordinary. 4.S7. The sales of the day
were 1000 bales. of which 500 were for
speculation and export. and included $500
American. Receipts. $4,000 bales. includ-
ing 10000 American. Futures opened
steady and closed steady: American mid
ding, =. o. c.. December. 5.71k; Deem
ber-January. 5I1; January-February, SIP;
February March. 5.731s: March-April. SIS;
April-May. 1915: May-June. SIT; June
July, 5.761z. July-August. 5.74; August
September. SEQ: September-October. $50;
OctoberNovember. $40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Extensive Maximum Ad-
vances Marked Dealings.
A REVERSAL OF POSITION
Money Conditions Remained Strong
and Active.
CURRENCY PREMIUM LOW
London Was Fairly Buoyant-Steel
Shares Among the Firm Features.
Railways Advance.
CURRENCY PREMIUM !
LOW
Special Dispatch to The Star.


NEW YORK. December 30.-The
strength of the DAVIS stock market. which
in a number of instances was pronounced
or at all events led to many extensive
maximum advances. appeared to be due
altogether to a reversal of position on the
part of the professional element which for
several weeks have contributed the larger
part of the daily transactions upon the
stock exchange. There was. at any rate.
little or nothing in the developments over
Sunday or with the course of the business
session to which the course of prices
could be attributed.
The money market remained strong and
active. although scarcely more so than
could have been reasonably expected in
view of the general circumstances of the
situation. in that regard.
The premium on currency ruled in the
neighborhood of one-half of 1 per cent.
and is commonly expected to disappear al
together with the course of the next ten
days. Sterling exchange was heavy and
the Bank of England secured the entire
amount of the E1.OOO.00O gold which ar
rived at London TODAY from South Africa
and Australia
1t seemed to be the common opinion that
the Treasury's call upon the national
banks for the return of a part OF The
government deposits resting with them
would not prove seriously disturbing to
the money market. and. in fact, the view
prevailed that the call would not have
been issued had it not been for assur-
ances that the banks were in good position
to meet the CONSEQUENT requirements.
The London stock market was fairly
buoyant. chiefly because of the improve
ment in the New York monetary situation
and the cancellation of gold import en-
gagements for shipment to America.
Foreign houses were. however, sellers
on balance in the local dealings, chiefly
of United States Steel, common
Some Firm Features.
The steel shares were, however. among
the firm features of the general market
Other substantial advances in the in
dustrial stocks took place in Sugar Re-
filming. American Smelling and Amalga-
mated Copper. The traction issues were
all firm. with a sharp advance in Man
haitian Railway on small transactions.
In the railway list advances extending
from one to more than two points were
fairly common in all of the active stocks.
Canadian Pacific scored an exceptional
advance, caused largely4by purchases for
foreign account. Other strong stocks
in the same department of the market
were New York Central, Pennsylvania. st.
Paul. Northern Pacific. Great Northern
preferred. Reading, Southern Pacific and
Union Pacific.
Notwithstanding the extent of the ad-
vances in some of these stocks there was
little news-or gossip in connection with
the transactions. apart from discussion
as to the identity, of the buyers and sell
ers During the greater part of the
business session the dealings were CEN
tered upon a much smaller scale OF &C
ton than has prevailed of late.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
GREAT INLAND HARBoR.
News System Of Locks and Dams on
the Upper Ohio.


PITTSBURG. Pa. December 3O.-Within
few days the large river interests Of
the PittsburS district will! have use of
the greatest inland harbor in the world.
Only two or three days work remains to
complete the system of locks and dams
built on the upper Ohio river between
Pittsburg and the mouti. of the Beaver
river. at Beaver. and by the time the
low-water season comes the entire chain
of six dams will ,be ready for full opera
ton. The harbor of Pittsburs. which has
here tofore been confined between. Davis
Island dam anC lock Nc. l or the Mo-
nongahela river. will be extended tc Mer-
rill. or dam Nc. 6. on the Ohio river. a
distance of over thirty miles from: Pitts
burg. This will enable river shippers to
take millions of bushels of coal that much
nearer tc market. to wait for freshets to
move coal and other products &c southern
ports.
upper Ohio for 1907 will exceed 100000
tons. This vast commerce has been moved
only by the aid of nature. Most of this
tonnage has been held in the pools of the
Monongahela or in the Pittsburg harbor
proper. waiting at intervals for enough
water to enable it to be shipped. Next
spring coal operators will be In position
to transport the coal to pool No. =, thus
taking the fuel for southern use over the
worst portion of the Ohio river. which
will materially aid in making up fleets
to move them southwark.
The Improvement has cost the govern
ment close to $1,000 900. but property val
uations along that portion Of the stream
which has beeh improved have been
greatly increased. Many manufacturers
have located plants along the banks of
the river because of the harbor facilities
that will be afforded and the assurance
that their works can be supplied the year
round by fuel moved by water.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
THE BALTIMORE MARKETS.
Special Dispatch to The Star.

Special Dispatch to The star.
BALTIMORE Md, December 30.-wHEAT-
Weak: spot contract. 102Iaa102E; spot No.
red western. lo5al05A; December. 102Aal02H
January. 102M alos; February. lo4NalO5;, May
22.1I3 bushels; exports, "a, 900 bushels; southern
Oh grade. 99a104k.
CoRN-Duli; old spot mixed, e7a87A; old No
white 67s67h: new spot mixed. 631aa63N
December STA; year. G31aa6SX; January. 6a1zt
63N: February, 6saae4; March. -: steamer
mixed 591aa59%; receipts, l76, 20S bushels: ex
ports O. 495 bushels; new southern white corn
50A ASST: new southern yellow corn, 60laa6i.
OATS-Firm; No. 2 white, 56ha57h: No.
white. 54a56h: No. mixed, SAY; receipts
1929 bushels
RYE-Firm; No. 2 western export. s6as7; re
cepts LOSS bushels.
HAY-Dull: No. l timothy, 17.5eals.00; No.
clover mixed, 17.O0al7.5 so.
GRAIN FREIGHTS-Flat: steam to Liverpool
per bIshel, Sd January; Cork for orders, pei
quarter, Is 4Hd January.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
FINANCES IN ENGLAND.
Review Of the Year Shows a Heavy
Shrinkage of Values.

Special Cablegram to The Star.
LONDON. December 30.-The Bankers
Magazine. reviewing the financial year.
points out that 1t has been disastrous
In itself. and that it also follows sew
eral other years of severe shrinkage in
values. The average fall in prices. despite
the substantial recovery of the past
month. has been 0 per cent. There has
been no depreciation so great in the
past twenty years. Consols and Indian
funds sell for per cent. which re present.
ed $l60.0O0.000. Twenty-six English rail-
ways lost in value $1,000. 900, or per
cent
ricans. after steadily declining for sew
eral years. lost % per cent more than
in 1906
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Catholic Pastor seriouslv I'll.

Rev. Joseph I. Mcguire. paste. of the
Church of the Holy Comforter, is danger
ously Ill at his residence. No..t 18th street
southeast He is suffering from an at
tack of pneumonia. and it vas feared
he could not recover. This morning. how
ever. slight change for he better de.
veloped and DR.. Magee. MS attending
physician. states there Is hol. of his
recovery. Mrs. Mcclure, mother of the
priest, Is also dangerously III.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
philadelphis Bank Statement.

PHILADELPHIA, December 30.-Week-
~ bank statement:
Loans anc discounts increased 1921 ,00o
Lawful money reserve increased self, 200.
Due from other banks decreased $780,
600
Due to other banks increased $1,217,-
900.
Deposits increased sass, 000.
Circulation increased $103. 600.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Christmas Message One Of Hone

Rev DIR. John Lee Allison. pastor of
Gunton-Temple Memorial Presbyterian
Church, preached yesterday on the theme
of Hope. as the Christmas Message ;"
His text was Luke, lilo. Behold I bring
you good tidings of great Joy"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Fined One Hundred Dollars.

Samuel Jones, colored. who gave his
occupation as a barber, was fined SlCO. In
default of which he was committed to
Jail for six months, by Judge Mullowny
Of the Police Court today, charged with
cruelty to animals. He was arrested
by policemen Of the sixth precinct upon
the information of several citizens.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
No London Gold ENGAGEMENTS.

LONDON. December 30.-There was no
competition for the gold. nearly 5000. 600.
available on the market today, and 1t was
all secured by the Bank Of England at a
reduction Of one-half penny. This tends
to confirm the hope that the American
demands for the metal are practically
satisfied. Discount rates were easier In
consequence.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Liverpool Grain Prices.
Admiral Abbott Buried.

WARREN. r. l.. December 3O.-FuneraI
services over the body Of Rear Admiral
Charles w. Abbott. U.s.N., retired. were
held at his home here today.
The burial was in the family lot at the
South cemetery. .,5..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
THE LONDON MARKET.

LONDON. December 30.-American Sc
curities opened firm today. First prices
were unchanged to Y higher than Satur-
days New York closing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30

Closing Quotations.
At the close of the stock market the
IolioWing stocks had changed in price
since above quotations, there being no
change in balance Of the closing quota
tons: a0o'a
Amalgamated Copper. 4s.
American Ice Securities, 1917,
American Smelling. -
American Sugar 1OO7s
Anaconda, 20N
Atchison, Top & S. FEE, TN.
Atchison, Top. & S. Fe pfd., SOY.
Baltimore & Ohio. So
Brooklyn Rapid Transit, 39Z.
Central Leather, 16.
Chicago. Mil. and st. Paul. 1851.
Colorado Southern, 221h.
Distillers' Securities, 80.
Erie I'd. pfd., 25k,
Great Northern, pfd, 117L.
1nterboro Metropolitan. TX.
Mackay Co.'S, 52M.
Mexican Central, Is.
Mo-. Kansas q Texas, COM, 25x.
New York Central, 91N.
Northern Pacihc, 10Y
pennsylvania r. R., HOO
Peoples Gas of chicago, 50Z.
Reading. 96,s.
Republic Steel & Iron, 1871.
Rock Island. COM, 15as.
Rock Island, pfd., sTs.
Southern Pacific, IAN.
Southern Pacific. pfd., ITO.
Southern Railway. pfd., 3615.
Union Pacific, 10Y.
U. s. Rubber. 2O1a.
U. s. Rubber. pfd., 7sk.
United States Steel pfd., SO.
Wabash. 10a.
Wisconsin Central 15h.
Wooden Goods, 10.
BONDS.
United States Steel SIS, S5h.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
AID FOR EX-PREsIDENTS.
Senator Allison Favors an Allowance
by the Nation,

Senator William B. Allison of Iowa.
chairman of the committee on aopropria-
tons. favors some system of providing
for former presidents. in line with the re-
cent suggestions made by Grover Cleve-
land. Senator Allison says that the ma
ton is now making an allowance to Mrs.
GARFIELD. and that provision for former
presidents would be an inconsiderable
drain on the Treasury.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
Goyerument Receipts.

National bank notes received today for
redemption, $7Os.s55. Government re-
ceipts-From internal revenue, 1,012,O70;
customs, $754 .695: miscellaneous, $2lO,-
$40. Expenditures, 2,250,00O.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
10 the Stockholders of the
Mitchell Mining Co.:

desire to correct certain misleading state
ments which are being circulated in Washington
that are unfair to me. regarding the matter Of
my report on the title to your compsny's prop
critics issued some years ago in the original cir
cular Of the company.
In that circular ! signed letter stating that
had examined the titles to the company 3
properties and found them to be good. repeat
that statement now and say that the rifles to
all of the property that the company owned at
the time Of my examination were good then
and are good now. and that nothing was found
upon the recent Investigation made through the
way affects the truth Of my statement.
In the circular issued by the board OF directors
Of your company dated October %. 1907 in
paragraph marked on page 2 thereof. ref
erence is made to a mining claim being with
held from the company by Mr.. George Mitchell
The claim mentioned is the Margarita mine. and
1t was purchased several years after my exami-
nation was made. and. therefore. was not In
cluded in the company's properties at the time
Of my search. ! am informed that Mir. Mitchell
has recently decided this mine to the company
and that the title Is now good in the company.
WALTER R. HENSEY,
100 Broadway,
December 2S, 1907. New York city.
de30-2t
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30

Bar silver. steady. 241ad per ounce.
Money. 51sa61s per cent.
The rate Of discount In the open market TO
short bills is GAGS per cent
The rate Of discount in the open market TO
three month hills is 5Aa6 per cent.
sEx-div.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30

saIes.-Resular call, - O'Clock noon-Capitai
washington s, ' Rwy. and Elcc Is. $1,000 at "a
Greene Cananea, 100 at 6x. 500 at en-. 100 at
81. 900 at 81, 200 At 7, 100 at ], 100 at ~.
After cail-Washington Rwy. aud Elec. pfd,
Is at 6S.
Washington Gas, 5 at IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
FINANCIAL.
CERTIFICATE OF FULL PAYMENT OF ANN
IiUNAL CAPITAL STOCK OF THE Union
COLUMBIA Ni|A or
TREASIrRY nI,n nr,ar.-..
1NEASU nj DEPARTMENT.
Office of the

r rRusT COMPANY OF THE DISTRICT OF
TREASURY DEPARTMENT.
0f'ce of the
comptroller Of the Currency
washington. ID. c.. December IS 1907
whereas, satisfactory evidence has j,een trans
,nitted 70 the Comptroller OF the Currency ths I
me capital stock of the Union Trust COMPANY OF
me District of Columbia. located In the CITY Of
washington, District OF Columbia has been In
creased In the sum Of eight hundred thousand
u1aIs t:eoo.oOol. In accordance with the pro-
VISIONS ssnn OF act OF Congress approved October l.
1851 ana That the whole amount OF such increase
mas peen PAID In. and that the paid lp capital
stock OF said company now amounts tu the sum
OF two million dollars (s2. 0OO, OOOl:
NOW, 1T is hereby certified that the capitsl
STOCK OF the Union Trust Company of the Dis.
trict OF Columbia has been increased In the sum
OF eight hundred thousand dollars $500 OOO)t
mat said increase Of capital has been paid In M
part OF the capital stock. and that the said
increase OF capital is approved by the Comptroller
OF the Currency.
In witness whereof. I hereunto afix nv official
signature and seal of Office
VIM r. RIDGEIY.
Comptroller of the Currency.
0ficial seal Of the
Comptroller Of the Currency.
To the stockholders of the Union Trust Company
OF the District of Columbia:
Certificates for the additional capital stock Of
the Union Trust Company of the District Of Co
entitled thereto on January 2. 1905 at the ONCE
OF the company. in its new building at the cor
ner OF 10th and II streets northwest. Washington
ID. c. EDWARD STELIW At;FS
GEORGE e. FLEMING. secretary:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
The World of
Finance and Trade
NEW YORK STOCK MARKET.

Furnished oy w. B. Hibbc G. Co., bank
ers and brokera. 1418 F street. members
S S YORK Stock Exchange. Washington
S.ock Exchange and Chicago Board Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
THE GRAIN MARKETS.

CHICAGO, December 30.-wheat TODAY
opened lower because Of worlds ship
ments which were above the estimate,
Later prices rallied on covering by shorts
and then weakened on realizing sales
May opened Is to " lower at 1O7K to 1O75x
sold at 10s, and then declined to IO7k,
Minneapolis. Duluth and Chicago reported
receipts of 643 cars, against $40 cars last
week, and 973 cars year ago.
May corn opened u to u higher at
5e7sa60. sold at 6Oss. and then dropped to
coz. Local receipts were 233 cars, with
nine of contract grade.
May oats opened u to q higher at
54A to 54A, and for a time held within
that range. Local receipts were 200 cars
May provisions opened firm: pork, tx
higher at 1925: lard. up g. at 100 and
ribs, higher, at rs.
The wheat market became weak in the
last half of the session on heavy selling
by holders. one trader being credited with
the sale of 100000 bushels. Under this
pressure May sold of to 104N. The close
was weak. with May 1NalK lower at
1O47sa1O5.
The feature of the corn market was the
declined from 6011 to ssh on liquidation of
December contracts. May weakened with
December, and sold off to 50. The close
was weak. with May off 4sa1s: at 5o14 a50ss.
ClOSe-Wnedt. May, 1o4bafOO. July, 9IA.
Corn: May. 59AaJ9ss: July. $50 Data:
May, old, 81; May, SEA: July, old. 4s: July,
46M Pork: January. 1915: May. ID. 1871.
Lard: January. 1855; May. 7s5. Ribs: jan
uary. S.e7h: May. 10. Rye: Cash. ~.
Barley: Cash. s5a97. Timothy: March,
100. Clover: March. 40.
Liverpool Grain Prices.
LIVERPOOL. Decent n 3O.-Closing:
Wheat, spot firm; no. red western win
ter, Is sgd; futures quiet; March, rs
11kd; May. Is 1ozd. Corn: Spot firm;
prime mixed American new. IS Sd: prime
mixed American old, IS 611d; futures Arm;
January, IS 41ad. Hops in London Pacific
coast quiet, E2af2 les.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30

BERLIN, December 30.-Exchange on
London. 20 marks 81 pfennigs for checks
Discounte rates-Short bills. 8 per cent
three months bills, 81 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30
THE FOREIGN BANKS.

LONDON, December 30. Bullion
amounting to f2ss, 900 was taken into the
Bank Of England on balance today.
Bar gold. 7Ts Cd; American eagles.
les Sd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-30

| PARIS, December 30-Closing: Three
per cent rentes, 95 francs 471s centimes for
| the account.
Exchange on London. Is francs Is CEN
times for checks.