davidaulloa/AmericanStories huggingface dataset:
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-09-12
Standard )il Fire
d FOrerllIlneI OF
s# Il AR-E@ nn1a by THOMAS w.
R#Ss&4 ~ l4lS1 % LAWSON, Financer
BY TIL rIAs w. Il.
LAWSON, Finan ciers

HE people make their laws; the people would not
make laws to perfect their robbery III y PEe,1
PIE HAVE BEEN ROBBED, ARE BElNta
ROBBED, THEREFO ORE THEIR LAWS MUSE
BE ERICKED; show the people the trick and r they
will apply it to those who have had their surplus
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-09-12
THE WEEKLY TRIBUNE.

Published every Friday; twelve and sixteen
pages: containing summary of the news of
the week--local and foreign-particular atten.
tion being paid to state news. Sent to any
address, postage paid, for 81 for one year; 50
cents for six months; s5 cents for three
aonths. n ~ 49,
4 The Bismarck Tribune is the oldest news
paper in the state--Weekly established June
Il, 1878; Daily established in 1881. It has
wide circulation and is a desirable advertis.
ing medium. Being published at the capital
the state it. makes s feature Of state news,
particularly interesting to all who desire to
keep the run of state affairs--political, social
I'd business.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-09-12
ghe 8isrlarek Triln,.e,
BY M. H. JEWELL.
THE DAILY TRIBUNE.

Bismarck, North Dakota. is delivered by
carrier to all parts of the city at 40 cents per
month, or $3.50 per year. If sent by mail
Through the post Office, 81 per year. The
2 fatty sent to any address outside of Bismarck
IN the United States or Canada, postage pre-
paid 81 per year; SO for six months; 81 for
ta7ree months. - t,g<5s E-T. :. -,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
ANTI-TIPPING LAW FAILS.
Invoked in Civil Suit as Defence for Nom
Payment of Account-TO Appeal.

Justice HascaH in the city court yesterday
ordered the jury In the case OF Samuel srkin
against a 18th street department store winch was
civil test OF the antitippng law. to find verdict
for the nlsintifT The Judgment amounted to 81 ,b0
This was the first case brought under the law as
10 give offer OF promise to an agent employe or
servant any gift or gTatuty without the knowledge
defendant in the action decided yesterday bought
some goods from the plaintiif, ana refused 20 pay
commission OF s75 90 the DEFENDANTS buyer The
anti Thinning statute set up as a detence II
being argllea that as tho plaintiff had violated
III he cous not recover. Justice itascsit however,
ruled against this contention, ana gave me case 70
"a. iry On the question o. facts the latter hand
Ing in verdict FOR the plaintih. by stipulation Of
The ease win he taken by the defendant TO the
severss convictions have been obtained for viola
ssors 81 SECTION 3slR % tho Penal Code on the
,,or;airs ~ merchants whose buyers gratuities
were either offered paid; but this case was the
irrf % bs brought civiliy Ire verdict indicates
that the Grfi-fippn1 statute can De enforced only
uEt.T tna penal Law.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
nuISInE SECURITIES.

gbe market for outside securities reflected % 3
considerable extent the approaching holiday. Bus-
ness was on a comparatively light scale. and IN
orir one oF two of the specialties was there ami
nation enough 10 attract any attention. Price
movements were irregular. After early fFmness a
r.acflonarv tendency was developed which in many
cases brought prices below the previous level. The
feature ~ the speculation was Great Northern
rights which broke more than points. with only
q martial recovery. Northern Securities stubs sold
A. a new los record. Standard OH continued under
pressure and touched new low point for this
movement. Chicago Subway, after early strength.
lost ground. Ward Line was slightly easier
waterbury shares were irregular. In the mining
GROUP fluctuations generally within narrow
limits United Copper ruled generally Arm. Butte
coalition was irregular Gold Hill steady.
Trinity was slightly higher Bonds we're dull
Superintendent Ferry has reported TO the Tri-
Bsllion Smelling and Development Company that
IN ore shoot has been uncovered IN the lower level
az the Kelly nIne over 100 feet in length, indi-
eating a continuous ore body OF great proportions
Although over 0OoJ tons Of ore have been taken
out Of the Kelly mine within year. there is now
more than four times the amount OF ore in sight
shat there vas year ago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
DETAILS OF U. P. STOCK PURCHASES.
Heavy shrinkage in Values Since Securities
Were Bought Last Year.

The railway and other stocks the fact OF the
purchase OF which by the Union Pacific last year
brought out in the course of the recent hear
inss held in this city by the Interstate Commerce
Commission amounted IN total par value, II Is COM
puted from exhibits filed with the commission as
part OF tho testimony. but not published In de-
tail the time. to S0l2N4425 par value and their
total the Union Pacific about Si2S. $4,000
The purchases included Illinois Central Railroad
securities. 81. Paul. Baltimore g. Ohio, New York
Central. Atchison and Chicago Northwestern
stock. n subscription OF Ter cent 2i9l6 shares
OF Northern Pacific, stock ~ the ST. Joseph Grand
Island and tho Fresno city Railway and 10 per
cent subscription TO 100000 par value, OF Pacific
Fruit Express Company stock. At the present
market level OF these stocks the Union Pacio's
investment in them represents shTtnkage in value
of fully $200Atso. as compared with the total sum
paid for them
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
INVESTORS READ
The Wall Street Journal

which would make 1t impossible for railroads 70
In an the laws propOunded by the states Their.
Is the question Of cOnStitutiOnality. do not pro-
tSS - nlsess rSe ne 49, f = - ~ - -
means OF some specific measure. can interfere with
troll OF the federal government. But one thing ia
obvious and that Is that the railroads have eot %
the same time undertake to educate the public on
the primary questions involved
Mr.. Hartman says that IL the railroads are 20
render the best possible service at the lowest rates
there must be a cooperation with them on tho
part OF the shipper. to distribute the ship
mems Of various commodities throughout the year
He continues:
This brings us 70 another consideration that We
remedies can be applied II the railroads ana the
public will get together, The traffic are placnd
one hand ana the limitations Of railroad operation.
on the other ah6 my op me 19aS NEST @ ss
IN one form or another have arisen primarily from
who furnish them their business.
TRYING TO MAKE DEALINGS FAIR
Improper favors OF various kinds come in thu
same class. such allowing cars 70 stand
the railroads are doing their best 70 emin1Ss ana
Il is sincere effort. for the railroads aPG-seiate
be striven for. and economy is not gained BY Civ
Ing special favors 70 a few az the expense Of the
many.
Mr. Hartman says he does not believe IN pooling.
but he is convinced the government could help the
railroads and the people by recognizing By federal
statute the making OF enforceable agreements be-
tween railroads for the distribution Of traffic. SO
that II could be handled most economically Such
agreements would stop railroad mergers at once hs
believes. He adds:
OF course. in all this there must Be supervision
BY the soyeTnneut me rallIoaos must Iecesn.ze
from the government the relief they need But be-
Is only fair that they should ash that the states
leave such supervision 20 the federal government.
and not enmosh them On mass OF conflicting leg >
lqtiOu. which tends 10 destroy all continuity OF
management and defeats every attempt az
economy OF course, We are not song se teten Iae
and VIVA eVer the degree OF cooperation between
the railroads and the public, but We may perl4Qs
bring about condition where the railroads. can
properly minister 60 the c0uutry'S Development 81
fha mex twenty hfTy years, which they Will %
shut out from doing Z matters 20 on as they aT,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
TERMINAL TRANSFER SALE.

~ ember If the protective committee Of the
Chicago Terminal Transfer Railroad Company 3
minority stockholders said last night that the pre-
llminarv stages had been reached IN the appoint
ment Of q committee to represent the minority
stockholders in the forthcoming sale OF the property
under the foreclosure proceedings which the Nor
gan interests began. The Morgan interests. It Is
understood. hold mn iority Of the bonds as well
as of tire common and preferred stocks.
The late for the sale Of the Chicago property
has been set for May 3. George l. Maicolm. who
wns chairman Of the minority meeting On Wednes-
day. - intrusted with the selection Of the COM
miftee.
The stockholders took this step to obtain assur-
from the Morgan interests that the minority
stockholders would be recognized in any reOrgani-
zation plan which might be formulated or a total
81 800 000 shares. IL Is said the Morgan interests
hold 200000. leaving In the hands Of minority hold
100000 shares Of which 10000 were represented
a the meeting.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
INTERIM Ell. 0NLYBIDDERI
WV Probably Have No Competitor
for Nezo Sub5cau.

The Board Of Estimate and Apportonment gave
its final approval to the form of the proposed
tract for the projected new Seventh and Eighth
avenue subway, and the advertising for proposals
VIII begin Tuesday Of next week. according to the
present programme. The bids must be in by about
April %. and then the Rapid Transit Commission
viii take about ten days to consider the bids.
So far as known. the Interborough- Metropolitan
interests will be the only bidder. The directors
OF that company win hold a conference to-day
and decide whether they will offer 20 build a
In The Tribune. the Belmont people desire an East
subway south of 42d street 1t is the intention OF
Mr. Belmont and his associates to bid for the nOrI-
southern half of the Seventh and Eighth avenue
route using shuttle train in 42d street Tor trans
Nothing is heard of the paper syndicates which
two years ago were going to build subways- Jonn
b. Mcdonald is with the Belmont interests
and the New York, New Haven & Hartford KAN
road apparently has abandoned it's idea OF bidding
for a subway down the East Side. At present ~
looks as If the Belmont people will make the only
1t looked yesterday for while as If there would
be no meeting of the Board of Estimate ana Ap-
portionment.
When the meeting convened there were present
the Mayor. the Controller the President OF tnS
tan. ana President Golfer of Brooklyn Mayor
Clelan offered the plan of contracts as approves
by the Rapid Transit Commissioners for the ar
pFOVat OF the Board of Estimate ON the IOiiSeIt
President COeT refused to vote on the proposluOtt
the ground that Brooklyn needed suhways a
present more than Manhattan. and on that account,
he said he could NOT vote for further Manhattan
subways until relief were given 10 Brookiyn.
This attitude of President Coler held ER ~" %
majority. owing to the absence Of Borough ffeslS
dents Haffen of The Bronx and CrOmWelI, ", VI
Richmond. While the chairman and CohtrOle,I,
were comforting On what TO do. President CromWel
appeared and relieved their embarrassment
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
TRADE IN CHICAGO.
Iay TeIegraph 70 &c Tribune.I


Chicago March 2s.-Wheat easier to-day and
corn and oats comparatively firm though corn closed
AT a small decline. May wheat closed 1-1ec lower
and Nav corn &c down. Oats showed considerable
activity ana closed at 9sc advance Provisions were
irregular and at the close somewhat lower. Rain
during the night softened the wheat market. Local
roco,nts were twelve cara May wheat closed at
Ike TO T5&c as compared with 75Ac yesterday
mi, closed at T7Lc to T19sc against Use. Rain
,r,as 4ba influence that caused easier Openfng
q, tba corn market The number Of ears received
vas 994 AGAINST 21S last year. and shipments hence
,rsra $50 mn bushels. The estimate for SATURDAYS
raceipts including what will he inspected to-mOr-
ro W. - corn closed at 457sc to 4sc compared with
4si-e yesterday; July closed at 45ssc q decline
OF CSC. -,.. i. =,
tho other grains showed indications OF weakness
a1d trading was briskeT and more widespread than
q, wheat or corn. Local receipts were ISL cars
1s,aivst ~ the year before, and shipments hence
,.ere OK co bushels The estimate OF SATURDAYS
racsinfs Inclusive Of tomorrow, Is $40 cars. Nav
aas closed al csc advance OF Sc: July closed
81 97ssc compared with S7iac to S7Ssc yesterday.
trade in the provision pit was not large, al
thon9h the market was unsettled period OF
,,-ssiSness at the start was followed by a decline
and recovery. The local run was 5000 less than
Sx,sected The estimate Of t0-mOrTOws local hog
Ieeeipts is 1900 head May pork closed az SIG 9,
loss ~ 2iSc; May lard az s 90 unchanged. and May
r!bs al S. e5. a gain OF &C.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
SOUND FREIGHT WAR.
Rates already Cut-More Steamers
To Be Put On.
lRr Telegraph to me Tribune. ]

Providence. March 2s-A lively war in freight
rates on rival steamboats, plying between FION-
dence and New York and Fall River and New
York involving the New York. New Haven q
Hartford Railroad Company's Sound lines ana
their competitors. the Enterprise and the JOY
lines Is already in progress. with the prooaphues
that IL Will become more bitter.
radical slashing Of freight rates IS now going
on For example sugar is being transported for
FIVE cents a barrel and oil for eight cents 1t Is
also reported that the various lines have each pur-
chased an additional steamer. with the view Of
increasing the freight business and preparing for a
bigger competition between the lines. A daily low
price service out Of Fall River will be begun
with steamers operated by the United States Trans
portation Company, for the New Haven road, and
the Enterprise is seeking establish daily SER
vice from here 10 New York, in place of the pres
emit tri-weekly schedule
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
THE NATIONAL CITY BANK
OF NEW YORK
Chartered 1872

THE STATEMENT OF THE NATIONAL. CITY BANK
MADE IN ANSWER TO THE CALL OF THE COMP
TRoLLER MARCH o. 1907, SHOWS GROSS DEPOSITS
OF Sls5O25550; NET DEPOSITS OF Sl476s5,5S2; GOLD
AND LEGAL TENDERS IN VAULT S43,595479, BEING 291z
PER CENT. RESERVE, OR s6,5oOOOo ABOVE LEGAL
REQUIREMENTS
THE CAPITAL OF THE BANK is s2soooooos ITS
SHAREHOLDERS LIABILITY s25OOOOOO; AND ITS SUR
PLUS AND UNDIVIDED PROFITS S22552sOs; A TOTAL
OF S72552sOs.
THE NATIONAL CITY BANK DESIRES ADDITIONAL
HIGH GRADE BUSINESS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
q. n. ISSUE UPHELD.
Injunction against $4,000, 900 in
Ne1C Stock Dissolved.

ST. Paul. Mimi, March 26-The State SUI
preme Court to-day upheld the Great Northern
Railroad Company In it's contention that 1t had
the right TO issue the $60OOOO0O of stock au-
thorized by the board Of directors some months
ago, which was enjoined by Attorney General
Young, who held that the company should first
come before the State Railroad ana Warehouse
Commission and submit to an examination to
show the necessity and the purpose of the issue.
This contention of the state was upheld by
Judge Hallam. in the Ramsey County District
Court, who ordered an Injunction 20 issue. The
opinion of the court, which was unanimous. was
that the act giving power to the state railway
commission was unconstitutional in that 10 dele
gated the commission legislative authority.
Attorney General Young said to-day that the
decision of the Supreme Court was unfortunate
for the state, in that in effect it deprived the
state of the power to supervise railroad cap
italiZation and permitted railway companies to
issue stocks and bonds at will
He stated that similar laws had been upheld
by the courts of Massachusetts and New York
and that he had hoped that the Minnesota court
might see its way to follow their decisions.
James j. Hill. president Of the Great Northern
Railway said yesterday afternoon:
The decision of the Minnesota court was no more
than we expected. For fifteen years we had been
doing the same thing, with never any serious OBJ
final
The proceeds Of the new stock issue are to be
used for additions to and Improvement of existing
lines ana me acquisition or new lines OF inc
s60,G0c0 In new stock. instruments Of 10 per cent
each were have been paid on January Z, Feb
ruary and March 7. and a fourth instalment of
10 per cent Is payable IN April These four install
ments. amounting TO s2i,010.GO0 will he due ana
money market. II reported yesterday, some
large interests In the company have suggested an
extension OF the date for the payments for the
first four instruments. TO cover several months.
and revision OF the dates for the subsequent pay
ments No such change will be made however, L
Is learned authority as the rights on the stock
were based on the original schedule OF payment.
and an injustice might be cone the purchasers OF
the rights by q revision of the dates Moreover, q
large number OF the shareholders paid al the out
their full subscription for the new stock. de-
string to get the benefit of the per cent interest
allowed by the company on advance payments 20
May l. 1905 and many other stockhOders nave
paid IN their instruments due IN January, February
and March. None Of these funds have. Of course.
been vet applied By the company 20 the corporate
purposes for which the proceeds Of the new stock
issue are designed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
HAMsuRo-AmERIcAN aUYs SHIPS.

Hamburg. March 2S-The Hamburg American
Steam Packet Company has taken over part Of the
Woermann Lines steamships. paying 81 250OOO for
Them I'm shares OF the Hamburg American Steam
Packet Company at 100. The vessels will be used
TO establish African service. Herr Ballin
director general of the Hamburg American line. in
announcing the purchase Of the steamers at a
general meeting OF the stockholders to-day, said
that the directors recommended raising the COM
pany's capital To $751; 250o00 including the 81 $50 900
already mentioned. Action this was deferred TO
Ar,riI
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
THE CITY BANKS SHOWING.

The National City Rank of New York in re-
Spouse to the call Of the Controller OF the Cur
rency on March o. 1907. reports gross deposits of
s1s5 $50 net deposits 5s2 and gold and
legal tenders in vault sS549 being 2ss per cent
reserve or S. 100000 above legal requirements The
capital of the bank is $4,000 OO0 its shareholders
liability sos 100000 and its surplus and undivided
nrnfits SOC $50 SOS. a total OF So $50 sos.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
CONTINENTAL LEATHER CO. FAILS.
IBy Telegraph to The Tribune. !

IBy Telegraph to The TribuneJ
wilmington. Del. March 2s.-Chancellor NichOl-
son to-day appointed Lewis b. Matthias. Of Phila-
delphia and John w. Haxiey. jr of Wilmington
receivers of the Continental Leather Company Of
this city. The action was taken by the estate Of
TohD + Finney the late vice President, to whom
the company is indebted 1881 The total indebted
ness Is $20OO10 and the assets $50 500. The bill Of
compIaint alleges that William B. Clerk. the presi-
dent has heen out of the jurisdiction Of the Della
nave courts some time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
PITFALLS or SPECULATION

THOMAS 0IEtt~tfN-
Ignorance. Speculation, Municipalities
Accidents Business Methods in Speculation. Teclri-
cates Tips Charts Scale and Stop Loss Orders short
Selling etc. and makes suggestions intelligent
methods Pronounced by Successful Spectators tho
abest Speculation published. Price
by mail S1.1O Including TIE ARH OF WALL
STREET INVESTING S2-0O-
Published by The Moody Corporation
IS Nassau Street. New YOTk City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
ACTIVE CURB STOCKS.

INDUSTRIAL.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29

IoCal SL-=tooNt
State OF New YORK. County Of EsU York. s.:
Curtis J. Beard. cashier OF the abOve-nanasd bank
DO soleny swear that the above statement Is tue 70 ts
best OF my knowledge belief
CURTIS J. BEARD. Cashier
Subscribed and before this 2Sth day %
March 1901. HUGO ROSENSTEIS. Notary Public.
Correct-Attest:
UDO NJ, FLE7SCE1lArGsg,1
WI. ". CASWELlls FCtrectors
J.. ADAMS BROWN.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
BONDS.

e iSs e a H:.s 5'i s. . q. 4 g g
'oda lots fssls cents per share
BOSTON CURB MARKET.
REPORTED by J. Thomas Reinhardt, 30 IS wall street
New York ana No. - Exchange Place. BOSTON,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-29
Financial.
NOW OPEN.

ALEX. MILLAR, Secretary.
20 BROADWAY. NEW YORK. MARCH 21sr. 1aors
The Washington herald., 1907-12-30
DEFENDS Big CORPORATIONS
President Woodrow Wilson, Takes
Thrust at Present-day Tendencies.
on After S29. 100000 Fine Is
Paid Than Now.

Indianapolis. Dec &.-PreziJent Wood
row Wilson. OF Princeton University. ad-
dressed the Contemporary and Athenaeum
clubs last night on Ideals Of PubHc
Life" and took occasion 20 make some
vigorous thrusts al present tendencies.
He referred 10 the fine Of S2s.C01.C,J as
sessed against The Standard OIL COMPANY
by Judge lands and said that when the
fine IS paid we viii be worse of than v-e
are now, for we did not want that amount
OF money locked uD in a treasury where
there is already a surplus. and thus TAX
ing il out Of circulation.
The vast bulk Of the business Of this
country" said he. is 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 It is so elementary priu-
ciple that 1 am amazed that we have for
gotten X"
He declared that there Is not "A board
Of railway commissioners in the country
with courage enough 10 make a rate for
one road and another rate for another
road and asserted that no uniform code
Of rates viii give equal profits and priyi-
leEes 70 al. He said further that "the
only successful thing that the law has
ever done has been 20 define the things
that YOU 90 not want done