davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
PARIS, December 14.-Trading on IL
bourse today was heavy.
THE GRAIN MARKETS.

CHICAGO, ILL.,. December 14.-Wheat
today opened firm because OF hlgher
Liverpool cables, but later eased OF on
reports of liberal receipts in the north
west May opened haA to y higher
at 1OO9s, and sold at 1904. Minneapo-
lis, Duluth and Chicago showed re-
ceipts of $50 cars, against 626 cars last
week and $40 cars one year ago. May
corn opened AaS higher at 56s a51'
and for a time held within that range
Local receipts were 271 cars, with IA
of contract grade.
May oats opened unchanged to 1sa u
higher at 53E a53& to 531s. Local re-
ceipts were 262 cars. May PROVISIONS
opened easy; pork. 7ka12h lower az
12SOa12.S5. Lard was down " at ITO
and ribs lower at $50. .
The wheat market became nrm IN tne
last half-hour of the session, and Ma!
wheat closed at 1O01sa10Ots.
The trading in corn was light
throughout the day. The close was
easy, with May AaB lower at 5o&
SOS.
The market closed steady. with prices
net nine points lower to one point h!gner c
Estimated receipts at ports TO-DAY, oo' 00.
bales, against 59,959 last week and 81. 2oa
last wear. For the week. $4,000 bales
against 1863, O93 last week and 5oS,lo last
wear. Today's receipts at new orleans,
il OPS bales, against 1925 last year, ano
at Houston, 1854 bales, against 1905
last year.
Clearances of wheat and -four were
equal to $4,000 bushels; primary receipts
were SO 900 bushels. against S1Z,OOO ousn-
els on the same day last year. Minneapo-
lis, Duluth and Chicago reported receipts
of $50 cars. against GIG cars last week
and 579 cars a year ago.
The corn market was exceedingly dull
all day, and prices ranged higher because
of the storms prevailing throughout the
corn belt. which promised to delay ar
rivals, and cause further deterioration IN
the crop. Arrivals today unusually llght
because of the heavy storm.
Trade in oats was today entirely local
and the market dragged heavily. just al
the close prices advanced slightly In SYM
pathy with wheat and corn
The provision market was weak. but a AZ
Lard was i5c higher, at 7.95. Ribs,
1Oa121kc higher, at 7.O5a707ls.
Estimated receipts for Monday are:
Wheat, 80 cars; corn. LA; oats. liz; hogs,
RI 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
THE FOREIGN MARKETS.

LONDON. December 1.-THE volume of
business on the stock exchange shrunk
during the week. and the sentiment in the
markets generally has become less con-
fident, owing to the revival of uneasiness
with regard to the financial situation in
America, the dearness of money there
and the continued demand for gold from
that quarter
The settlement also restricted business.
and with the general profit-taking move
ment progressing, in view of the uncer-
tain monetary outlook. the values of Brit
ish securities generally were lower for the
week. consols leading. with a decline of
sis but closing above the lowest. with a
firmer tone today.
The market appears to be reconciled to
per cent bank rate until the end of the
year, as. despite the good showing made
by the bank return this week. the Argen-
tine gold demand has commenced. aud
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
Animals That Weep.
From Harper's Weekly.

Travellers through the Syrian desert
have seen horses weep from thirst, a
mule has been seen to cry from the pain
Of an injured foot. and camels. 1t is said.
sh.i tears in streams. A cow sold by
its mistress who had tended 1t from calf
hood wept pitifully.
"a young soko ape used to cry from
vexation If Livingstone didn't nurse it in
his arms when 1t asked him to. Wounded
apes have died crying. and apes have
went over their young ones slain by
hunters A chimpanzee trained to carry
water jugs broke one, and fell a-crying,
which proved sorrow. though it wouldn't
mend the jug. Rats. discovering their
young drowned. have been moved to tears
or grief. A giraffe which a huntsman' s
rifle had injured began to cry when ap-
preached, and sea lions often weep over
the loss Of their young"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
THE CLEARING HOUSE.
It's Genesis and Manner Of Settling
Balances Among Banks.

From the Review Of Reviews.
In its primary and simplest form the
form in which the fathers Of the clearing
house system knew it, clearing house is
merely a centrally located place, where
checks, drafts. bills, notes, or other kinds
of credit instruments coming into the
possession of the banks are brought to be
exchanged for their equivalent in other
similar credit instruments or for cash.
Just as in the old original Exchange"
where merchants met to buy and sell COM
modities, so do the banks through clerks
meet to exchange checks or money for
other checks or obligations they owe or
are owed. To illustrate. we must compare
the old system of exchanging claims
against the respective banks with that
now in vogue in nearly all the cities of the
world having any pretension to financial
Importance.
Under the old system a porter chosen
for his strength perhaps as much as for
his known honesty took all the checks
upon other banks that came into his own
banks possession. and went the rounds
from bank to bank. collecting his claims
in the form Of cash. whether bank bills
large sums Of money through the streets
with the consequent danger Of loss by
robbery or carelessness. AS the banks in
creased in number. an informal meeting of
the porters at one central point to ex-
change checks for cash was a natural evo-
luton This, however was cumbersome
and oftentimes unsatisfactory because of
the lack of knowledge In advance of the
claims that would be presented and of the
sums necessary to meet them. Finally,
the banks took cognizance of the necessi-
ties of the case and arranged for central
place Of exchange. with a manager and
clerks to supervise and conduct the ex-
changes. This was the genesis of the
rip III exists TO-DAY
it may be said also that great many
clearing houses are today merely places
Of exchange for items held by banks
aGaiask other banks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
NEW YORK DRY GOODS.

NEW YORK. december 1.-THE dry
goods market for the day was very quiet.
Buriaps are weaker and lower. Print
cloths are lower. Fancy cottons are firm
and well sold for the spring. Some lines
of linens will be higher.
Imports of merchandise and dry goods
at the port of New York for the week
ending December were valued at $l4-
746.05S. Imports of specie for the port
of New York for the week ending today
were $23s,6I3 silver. and $9.47O.075 gold.
Exports of specie from the port of Me-
York for the week ending today were
$3.50 T55 silver. and 81, 500 gold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
Quaker Reflections.
N the Philadelphia Record.

From the Philadelphia Record.
An ounce of scare is often worth a
pound of advice.
Does the boss OF political machine
have wheels in his head?
Man is made of clay. but that doesn't
prove that every fellow is a brick.
The only aim in life some people seem
to have is to look for larger target
When womans head is turned by
admiration she should RENE mber Lots
wife.
When a mans methods will bear look
ing into we should really look out for
him.
The fellow who is willing to bet his
bottom dollar seldom has to dig down
very far.
Even in the case of the self-made man
a woman can finish up the Job by max
Ing fool OF him.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
STEAMSHIP COMPANY CHANGE.
Joy Line Acquired by the United
States Transportation Company.

BRIDGEPORT. Conn, December IA
The filing of documents in the custom
house today made public that the Joy
Steamship Company has formally passed
to the control of the United States Trans
portation Company. which is incorporated
in this state, and which 1t is understood is
owned by the New York, New Haven and
Hartford Railroad Company. The trans
action Is thought to involve about mil
lion dollars. The change of ownership
it is alleged, dates back many months
even before the sinking of the Joy lines
steamer Larchmont in February.
The steamers bought are the Tennes-
see, the Kentucky, the Fairfield, the
Edgemont. the City of Key West and
the Seaboard, and in addition the steamer
Kennebec is purchased from the re-
ceiver of the Enterprise line for $50. 900
cash and a mortgage Of $4,000. The
papers indicate that these boats will have
Bridgeport as their home port.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
A Recipe for a Long Life.
From the London Mail.

1.-THE announcement of the death at 10;
years of a workhouse infirmary inmate
emphasizes the effect that ease of min(
and lack Of worry have on the system,
said physician yesterday.
IF this woman had been under, the
ordinary conditions of her life her nerves
would have suffered a certain amount OF
strain and this would have had an IL
effect on her bodily health.
When medical men prescribe for pa
tient on the point of a nervous break.
down We insist on three, things-a good
nights rest, a suff1ciency of plain, nour-
ishing food and regular hours for eating
exercising and sleeping. The inmates OF
our infirmaries and unions have all OF
these benefits, and as the majority are
more comfortable bodily than they have
ever been before worry to them is un-
known So it is hardly surprising that
these people frequently live to very great
ages
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
TO CHECK ovER-sUPPLY.
Attempt to Induce Cotton Mills to
Curtail Output.

FALL RIVER. December 14-An at
tempt is being made by New York COM
mission houses and selling agencies to
induce New England cotton mills to cur
>ail production during the next three
months. because of general market con-
dttions in distributing centers. An agree
ment calling for shutdown of all the
print cloth mills for two weeks be.
tween now and April / is in circulation
among the mill treasurers, but the plar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
MANCHESTER CLOTH MARKET.

MANCHESTER, England, December A.
The cloth market experienced a quiet
week. the combination of high bank
rate. fluctuations in the raw material
and threatened labor trouble causing buy
ers to act cautiously. Quotations were
we'll maintained, in view Of the flow Of
offers from abroad. Indian consumption
continued small, while China brought
moderate lots of printing cloths and
bleaching goods. A few fairly large or
ders were placed for Japan. The near
eastern business showed improvement.
Medium grades Of American wefts and
twists are in fair request and a better
demand was experienced for export
Egyptian spinning is firm, though bust
ness Is not large.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
MILLIONS PAID TOILERS.
Increased Currency Payments in the
Business District of Pittsburg.
de13-10t.56

PITTSBURG, Pa. December IA pay
roll amounting to several million dollars
was distributed today in the Pittsburg
district. More currency than certificates
was used, and the hope is expressed that
the pay next week will contain a larger
amount of cash.
+ 1t is expected that Robert Lyons. a tenn
tporary receiver Of the Fort Pitt National
Bank, which recently suspended. win re.
port definitely within few days to the
controller Of the currency whether the
bank should be permitted to reopen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
LIVERPOOL Grain Prices.

LIVERPOOL, December 14.-Wheat,
spot. weak; No. red western winter,
Is ed. Futures steady; December NOM
inal; March, Is 9Ad; May, Is SID.
Corn, spot, quiet; prime mixed Ameri-
can, IS sd; futures steady; December
nominal; January, IS Sd.
Professionalism, steady. 7s Sd.
FIour-Winter patents. quiet, sos. 3D.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

with the premium on currency still pre-
vailing in America, and evidences OF
need for more gold in that country. dis
count houses here have put quotations up
to over 6 per cent.
American securities have been unsettled
and weak, in sympathy with Wall street
Dear money and the reports of the shut
ting down of mines by the Amalgamated
Copper Company brought out rather free
offerings. while banking troubles and the
talk of dividends being passed induced
realizatio
A rally occurred Thursday when Pres
ident Roosevelt's announcement that he
would not stand for denomination
caused the bears to cover, on the assump-
ton that action hereafter against the cor
porations would be modified. but the I'M
provement was not sustained and the
market closed weak, with net loss OF
from one to five points.
PARIS, December 14.-Trading on the
bourse today was heavy.
BERLIN. December 14-Prices on the
bourse today were weaker upon an ad.
vance in the private rate of discount AND
checks On London Yesterdays reports
from New York also exerted depressing
influence and American shares were
about one point lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
FINANCE AND TRADE IN
MARKETS OF THE WORLD

is meeting with opposition from some
of the mills. which have sufficient or
ders on hand to keep going.
The agreement proposal will not be
binding unless signatures representing
majority of the spindles are secured.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

change. Tin was weak at 2775aos IS.
Copper was reported easy. with lake quot
ed at 13O0a13.25: electrolytic at 12.75a-
1890, and casting at 1250a12.75. Lead
was unchanged at 3.60a3.65. and spelter
at 4.2Oa43O. Iron was nominally un-
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
Grain and Provision Summary.
CHICAGO, December 14.-Grain:
cHICAGo. peceu,ber 14.-Proyisions

Cash quotations were as foII0WS:
Flour steady: winter patents. 4.50a4. so:
straights, 4.20s4s5; spring patents, 5.20a5. 80:
straights. 4.40a4 IS; bakers, Goat %: No.
red. 93lta95%; No. corn. 591aa6O: No. yell
low. $751;; No. 2 oats, h21aa53; No. white.
49aS3 No. rye. IS. Fair to choice mating,
s9a9S No. 1 northwestern, 1121a. Prime tim
othy seed. 4.30a4.35. Clover. contract grades,
1900.
Short ribs, sides loose. 6.75s7.25: mess pork,
per bbl, 123711al2. so; lard. per 100 lbs. sos:
short clear sides (boxed). 7.l2Ha7.25. Whisky
basis of high wines. 1,35
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
Short Session Frustrated Any
Successful Trading.
RECOUP OF SMALL LOSSES
Recoveries Followed the Declines at
The Opening.
CHEERFUL LOCAL 0UTL00
Bank Statement Bore Out Optimistic
Views Regarding Expected
Showing.

NEW YORK, December IA oriei
demonstration was made against the MAJ .
ket at the opening today, but the oiiei
session was given to recuperatinS the
moderate losses In only a few STOCKS
WAS the decline ample enough to call lot
notice and the narrowness OF the DAY
movement effectually frustrated success
full trading operations. The actlon Vi
several stocks which recently have oeeh
market factors conveyed the impression
that they were over-sold, as they raIileo
easily when the bears found out theS
were not bringing out any long stock.
ATTEMPTS to reach stop-loss orders ala
not meet with success, which caused tue
early abandonment of the movement.
Recent weak features. such as American
Sugar, New York Central and the hin
and Hartman stocks. were foremost III
the early decline, but they In common
with most other stocks subsequently re-
covered fully.
Most of the limited business originated
on the floor. and when the market set
tied in a rut the traders found II an
ficult even to scalp small fIactioh rs
Trade statistics were read with Keen m
terest and satisfaction was felt over the
seasonable weather conditions.
Cheerful Local Outlook.
Discussion OF tnc lOCdi uiidHCioi Sohui
ton took on a more cheerful phase. but
it is conceded that the supply of availa-
BILE funds for stock market operations is
liable to be extremely light until we'll
into the new year. The prospect. accord
ing to good judges, points to a period of
dizziness, with speculation Ringing on the
day to day developments in the general
situation.
Today's bank statement bore out the op-
timistic views entertained yesterday re-
garding the expected showing. and the
more general uplift in prices at the close
today was due also to this belief With a
contraction in the deficit of over $6.OOOO 600
and a gain in cash of 100000 the posi-
ton of the banks is slowly reaching a
level at which the question of the re-
tirement OF the clearing house certificates
will be agitated.
The bond market during the week show
ed evidence at times of a good inquiry
for active speculative issues as well as
securities of more stable character.
The market in general conformed rather
closely to the developments in the stock
market.
U. s. 2s advanced y. the SIS. Y on call
during the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

On the produce exchange today the butter
market was firm creamerfes. 2os2S1s; diaries
1Ta25 Eggs steady. at, mark cases included
24s25; frsts. %; prime nrsts, %; extras, 81
Cheese steady, 1lal2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
NEW YORK METAL MARKET.

NEW YORK. December 14.-As usual
in the absence Of cables the metal mar
ke:s Here quiet and showed no material
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

The copper specialists are talking most
dolefully. They are viewing the future
through the bluest of glasses. They are
rather OVERRIDING it. perhaps, but they are
no longer open to the charge Of willfully
deceiving themselves on the hopeful side.
The mines are doing the best thing that
could be done in reducing production.
With a fair resumption of industrial ac-
tivity after the first of the year stocks in
sight should be reduced to a manageable
amount by the end Of six months. Senator
Clark of Montana, the richest individual
copper miner In the world, expresses the
opinion that by the end of 1908 stocks
should be reduced to about the right di-
mansions. and that the metal will be on a
price basis Of about 16 cents which he
declares to be high enough.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

The action Of the Western Union Tele-
graph Company In substituting Its stock
dividend Of ~ per cent for the usual cash
dividend may be the beginning of SIM
liar movement on the part Of other cor
porations. At the present market price of
Western Union the stock dividend is equiv
alent to a cash payment Of about five
eighths. The action has aroused consid-
cradle criticism and has provoked the
sneers Of the unrighteous. Every increase
in the volume OF stock which is not
and makes the capitalization of less value.
BY and by, If the thing is kept up. it will
be case of subtracting from minus
quantity
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15
Boston Stocks and Bonds.

BOSTON, December Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-15

Nine out Of ten men you see expect mer-
camille depression after the first OF the
year, and a further slowing down and
economizing wherever possible. A drop
ping off in railroad earnings is one Of the
things looked for, accompanied by a let
ting off of men. Dividends, unless earned.
will not be paid because of the difficulty
in getting money. There will doubtless
also be a sudden disappearance or reduc-
ton in many of those fascinating paper
surpluses which have been adjoining the
annual reports of corporations-surplus
which represents triumphs Of bookkeep-
ing. but which have little more than junk
heap value.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-07-20
BUY COAL NOW.
Freight Rates Are Cut to Encourage
Summer Purchases.

New York, July 20.-To stimulate
the purchase and shipment of coal
during the summer months, when the
greatest number of cars of this kind
are available. the interstate commerce
commission at the request of the
Union Pacific railroad and the Oregon
Short Line has especially authorized a
reduction of 25 cents a ton on coal
shipped to Washington. Idaho and Ne
vada between July 10 and Septem-
Der 1.
For the last two months officials of
the Hartman lines have been en-
deavoring to induce western coal deal
ers to make their shipments this sum-
mer in order to avoid a recurrence of
last winters fuel scarcity. The diff
Guilty then in supplying coal to the
western states grew partly out of
shortage of equipment and partly from
the fact that orders were delayed until
weather conditions made freight move
ment slow and difficult.
The Union Pacific therefore took the
unusual step of applying to the inter-
state commerce commission to be all
lowed to make reduction in its rate
in order to get the cooperation of
dealers in shipping fuel now when the
lines are in good shape to handle it
promptly.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-07-20

Mrs. Bowser. you are a good wo-
mana mighty good woman"
Eyes ?"
You, deserve all you are going to
get. When 1 think of how happy you
will be it makes me rejoice
But what am 1 going to get?"
she asked.
And your mother. She is a good
woman-a mighty good woman. She
is my mother-in-law, but think just
as much of her as if she was my own
dear mother The good old soul. but
I'd like to hug her. 1 will make her
one of the happiest women in the
world, and she shall bless the day I
married her daughter"
But what is all this mystery about l?
What has happened during the day?'
"Mystery-ha! ha! hal No mystery
about 1t, dear. We are simply about to
become millionaires ten times over.
We may not own the whole earth in a
couple of years more, Dur shall
have the title deeds to a good share
of it. Do you think 100000 a year
sufficient pin-money for you? If you
don't just say So 1 am not the man
to stint my wife on pin money. 'Scuse
me a minute, will your
He passed into the library and was
gone a minute and a half and then
reappeared licking his lips. Mrs.
Bowser shifted the air and detected an
aroma, but couldn't exactly define it.
Mr.. BOwsers smile was now both pat
ernal and benignant. and sitting down
with a chuckle he said:
you are dying to hear all about
It, and 1 won't keep you in suspense.
I started life as a poor man, didn't 1 ?"
Yes"
when we got back from our bridal
tour 1 had only seventy-five cents left
only seventy-hve. You began to worry
as to how we should get along, but told
you to trust in me- 1 knew myself. 1
know that a man with brains, who was
a natural financier, could not be kept
down We haven't had to go to the poor
house, have we?"
NO indeed"
Poor house-ha, ha! ha. Bowser the
hnancier in the poor housei Hasn't ev-
cry scheme have taken hold of proved
a glorious success? Hasn't every plan
worked out is 1 expected?"
Mrs. Bowser thought of the hundred
and one schemes he had originated and
made a failure of, but it was no time
TO furnish list of them. She wanted
10 hear what his latest was. He again
asked to be excused and lodged out into
the hall for a couple of minutes. She
thought she heard gurgling in his di-
rection, but was not sure. When he re-
You know what the huckleberry is,
OF course %
Yes"
'And you have heard of logwood?""
Certainly"
And alcohol?'
'Of course"
''WeH, those are the three things that
are going to make US rich. When I left
the house this morning had no moro
idea of what was in store for me than
you have of flying across the Atlantic.
when I reached the office I found a
gentleman named DuBoss waiting for
me. He was a count before the French
republic He was not only a count.
but he was worth his millions. When the
nobility had to go he found himself a
poor man. Some counts would have
committed suicide. but he was not that
sort of a man. He cast around for a
way to rebuild his fortunes. After many