davidaulloa/AmericanStories huggingface dataset:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
WALL STREET
STOCKS w AT OPENING
OF MARKET.
London News Helped the Decline, but
Buying to Cover Caused a Slight
Rally in the First Hour.

NEW YORK, Sept. 5.-First prices OF
Stocks were lower than last night, the lower
prices in London helping on the depres-
sion. Northern Pacific fell Ih. Canadian
Pacific IL. Union Pacific, Great Northern
preferred. Reading. Amalgamated Copper
aud Anaconda ! md Southern Paclhc.
American Smelling and Brooklyn transit
large fractions. Minneapolis, St Paul ana
Sault ste. Marie rose a point Dealings
were In only moderate volume.
II a. m.-Buying 10 cover on the decline
caused a slight rally. but the higher prices
induced heavier selling and the market
sagged to below the opening. The princi-
pal weak features were the Hill and Hurri-
man stocks. Reading. the local fractions
and the copper stocks. The market was a
little steadier and quite dull up to this
hour.
Noon-A brisk rally carried prices TO
above last nights level. American Smelt-
ing rising rs. and Union Pacific and
Kansas and Texas 1. Sugar preferred sold
at a decline of 2ss. Erie second preferred
2k. and Great Northern Ore Certificates
md Third Avenue 11s. The demand sub
sided and prices receded again. Bonds
were firm.
p. m,-The market was feverish, but
eventually rebounded to the high prices
Of the morning. Chicago. Burlington and
Quincy sold at 22s compared with rs for
the preceding sale III April last. The an
nouncement of a Stock Exchange failure
led to short covering. Reading moved up
l and North American TX. Distillers' Sc
~curities gave way /.
2 D.. m.-Trading was in very limited
amount, but the tone was quite firm and
prices at the best of the day. Denver and
Rio Grande fell off IA, st. Louis South
western preferred u and New York, Chi
cage and st. Louis s.
s D. m.-The market closed active and
buoyant. The announcement Of an extra
dividend of & per cent. on Chicago, Bur-
lington and Quincy caused a violent re-
bound In Great Northern preferred and
Northern Pacific. which own Jointly near-
~ all Of that stock, The whole list rose
strongly In sympathy.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
ANOTHER FAILURE TO
CREDIT OF HARPER,
Union Iron and Steel Company Was
Organized by Man Who Wrecked
Cincinnati Bank.

NEW YORK. Sept. 5.-When the an
nouncement was made yesterday that a
receiver had been appointed for the Union
Iron and Steel Company, with offices in
this city, friends who recalled the re-
markable financial career of Edward l.
Harper, said the failure would be a death
blow to his hopes that he would pay off
every dollar of his $4,000 900 indebtedness.
Z The company was the offshoot of a $S,-
900, 900 enterprise which Mr.. Harper Or
ganized several years ago. and which went
into bankruptcy after a disastrous specula-
tion in wheat. His failure carried down
the Fidelity National Bank, of Cincinnati,
of which he was president. and whose
funds he was charged with using In his
wheat corner. He was sentenced to ten
years in prison and after serving six years
was released. .
After engaging in several enterprises In
Cincinnati and in the South after his re-
lease, Harper's presence In New York at
tracted attention in 1905 by the fact that
judgments amounting to $3.50. 1913 were en-
tered against him.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
lNTER-MET
QUARTERLY
DIVIDEND

NEW YORK, Sept. 5.-Directors of
the ACKNOWLEDGEMENTS. the
holding corporation of man. traction
companies in New York city. including
surface. elevated and subway. decided
today to pass the regular quarterly
dividend on its preferred stock.
Previous quarterly dividends have
been IN per cent. Attention was at
tracted to todays meeting of the board
by the investigation of the affairs Of
this company by the Public Service
Commission, which is now in progress.
The following official statement was
given out at the close of the directors
meeting:
THE board Of directors of the Inter
boro Ugh Metropolitan Company at a meet
Ing held today determined not to declare
any dividend on the company's preferred
stock FOR the current quarter"
The meeting of the directors of the New
York City Railway Company. which is the
lessee Of the Metropolitan Street Railway
Company, was postponed until late this
afternoon.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
CHICAGO GRAIN MARKET.

CHICAGO, Sept. 5.-The wheat market
broke wildly at the opening today, the
initial quotations being all the way from
l cent to 1s cents below the close of yes
terday. Liverpool cables were lower, and
it was reported that a heavy slump had
taken place IN the Berlin market. The
result was that nearly everybody was
anxious to sell. Commission houses threw
large quantities of wheat on the market
and the small holders were frantic In
their efforts to dispose of their lines.
Prices. however, rallied somewhat at the
end CT the first half hour. December
opened 1915 to 99A n sold up to 100h.
Corn was steady, December 61h. Oats
firm, December 53ss to 81.
Provisions firm, October pork 10. 80; lard.
800; ribs, $50.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
THE PRODUCE MARKET.

NEW YORK, Sept. observation-disclosures.
27,951; safes. 5000; 1our firm with light
trade. Minnesota patents. 1906 40; win
ter straights, 4.1OQ4.S5; Minnesota bakers,
3.75@425.
Wheat-Receipts. 1901 600; sales. 1000, 900.
On reports of a collapse in the Berlin mar
ket, wheat broke a cent per bushel at the
opening. most of which was later recoY-
cred on foreign buying and strength Of
coarse grains. Septembr. 104A; December,
10714@10S&; May, 111as9112.
York.
Corn-Receipts. 1880; market duh with
out transactions.
Beef-Steady.
Professionally.
Lard-Firm; Western prime, 9.c5@9.15.
Sngar-Raw. frin: fair refining, 3.42; cen
trifugal SO test. 1892; molasses sugar, 3.06.
Refined. steady; crushed, $40; powdered,
$40; graduated. 500.
@S.45.
Cofree-steady; No. 7 Rio. SIS; No. A San
tos, 7%.
Molasses-Firm; New Orleans, 37@4s.
Poultry-Alive. steady; spring chickens.
IS; fowls. 141h; turkeys. IL. Dressed. unset
10GD16; fowls. 12d141a.
Butter-Strong; receipts, 5,5S2; creamery
specials. 2713; extras. 81; thirds to flrsts.
21926h; State dairy, common to finest. 2ed
26; process. common to extra, 1S@2315
Western factory, common to 1rsts, 1S1sd
2lk.
L Cheese-Quiet. unchanged; receipts, 2.37s
Eggs-Firm: receipts, 10.96S; Western
frsts, 201a121Ha; seconds. 1S61sh.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
FOR FOREIGN ROADS.
Large Contracts Awarded to American
Firms for Rolling Stock.

NEW YORK, Sept. 5.-Contracts aggre-
eating 1900, 900 have recently been awarded
American firms for rolling stock to be
used by foreign railroads. The American
Locomotive Works. the Baldwin Locomo-
tive Works and the st. Louis Car Com
pany will supply nearly 100 locomotives and
800 cars, including a number of motor cars,
to Japan, China. South America, Mexico
and the West Indies.
The chief contract calls for twenty-six
consolidation locomotives for the Hokaido
Railway. running through the coal region
IN northern Japan. The administration Of
the Japanese government railways has also
contracted for twenty-four eight-wneel
engines.
Bolivian. Colombian and Jamaican rail-
ways have ordered locomotives, md the
Chilean railways save ordered passenger
and freight cars.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
WANTS POSTAGE REDUCED
AND CLERKS PAY RAISED.
Congressman overstreet, of Indiana,
Says 1t Is Untrue That Postofice
Department Is Run at Loss.

PEORIA. ILL.,. sept. 5.-Congressman
Jesse Overstreet. of Indiana, chairman of
the committee on postofices and post
roads, in the lower House, last night made
a plea for a reduction in postage rates and
ar increase IN the wages of postofhce en-
ployees before the national convention Of
the Postal Clerks of the United States.
He said that these reforms had been made
impossible by the false impression that
the Postofice Department is operated at a
loss. which he asserted Is untrue.
CONGRESSMAN Overstreet cited the bust
ness methods used in the conduct of the
Standard DIN Company. and argued hat If
similar methods were used in the Postofice
Department there would be no foundation
for charges Of a deficit.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
PHILADELPHIA STOCK MARKET.
THE COTTON MARKET.

NEW YORK, Sept. 5.-The cotton mar
opened steady at an advance of 5QS
points. with all the active months making
new high records in p to much
frmer cables than looked for, bull sup
port and covering. The weather map
no traces of the severe storms re-
ported in southwestern sections of the
belt yesterday. On the whole, orders were
pretty we'll divided and fluctuations after
the opening were narrow and irregular,
With the market nervous during the mid
die of the morning and a point or two
off from the opening figures.
The market was easier late in the fore
noon on rumors of showers in Texas and
net lower.
Quotations furnished by Van schaick &
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
ACCUSED OF TAMPERING
WITH TELEGRAPH WIRES.

CHICAGO, Sept. 5.-George g. Bird
sell, a member of the Commercial
~Telegraphers' Union, was arrested to-
day on a State warrant, charging him
with maliciously tampering with tele-
graph wires owned by the Western
Union Company. The charge against
Birdsell is that he interfered with he
wires of the company in the suburbs
of Mayfair on August %.
Birdsell admitted that he had dis
connected two of the company's lines,
but declared that he had been in
structed to dc so by a wire chief OF
the Western Union Telegraph Com
pany.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
REVIEWS OIL TRUST FIGHT.
City of indianapolis Stops Retail De-
livery, Alleging Short Measure.

INDIANAPOLIS. Sept. 5.-Patrons of
the STANDARD Oil Company's city de-
livery were not served yesterday. The
authorities started in early to arrest
drivers and the latter finally refused
to drive the wagons. The war against
the trust was renewed this morning
when the Inspector of weights and
measures arrested a driver for selling
oil In cans that do not bear evida nce
Of official inspection, although the
Standard had announced that it would
sell by the can and not by the gallon
as heretofore.
The city holds that this is an evasion
rirht to Know how much thew are get
ting for their money. Notice of the
arrest caused all drivers to return their
wagons to the stables, and they will
settled.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
PRICE OF COTTON.
Farmers Union Fixes Minimum FOL
Middling at is Cents a Pound.

LITTLE ROCK, Ark, Sept. 5.-The
Farmers National Cooperative and
Educational Union has fixed tie mini
mum price for middling cotton at Is
cents a pound. In addition the price
is to advance a quarter of a cent each
month. The convention also liked the
price of the long staple. The price will
range from n to As cents a pound.
The price of No. 2 wheat is to be 81
a bushel, corn so cents. rye 81. barley
so cents and oats IS cents
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
TO BUILD OWN BRIDGE.
Park Board Finds Contractors BIDS Too
High for Them.

The Essex County Park Commissioners
yesterday rejected all the bids for a bridge
in West Side Park because they were
considered excessive. The park engineer
said he could do the work for 1900, while
the bids ranged from 50. 4a9 to 8 $500. He
was told to go ahead and do it.
Estimates are to be sought on the cree
ton OF brick posts at the entrance to Wee
urahic Park. drawings for which were
submitted.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
CARS FOR lSTHMus.
Contract Awarded to Highest Bidder.
but Quickest Deliverer.

WASHINGTON. Sept. 5.-The Isthmian
Canal Commission today announced the
award to the w J. Oliver Manufacturing
Company, of Knoxville, Tenn, Of a con-
tract 70 furnish 500 dump cars for use on
the isthmus. the contract price being $685.
800 The company IS required. however.
70 make some changes in the style Of cars.
A bid Of %54,0o0 was submitted by the
American Car and Foundry Company. Of
New York, a difference OF 81 a car in that
company's favor. but The Oliver Company
agreed to deliver the ears about three
months earlier than the New York COM
pany.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
DYNAMITE TO BLOW UP
RAILROAD BRIDGE.
Some Exploded, But Not Enough to Do
Much Damage-Discontented
Laborers Suspected.

PHILADELPHIA. Sept. ga box con-
tanning seven sticks of dynamite weighing
nine pounds was found today in a ravine
near the bridge of the Baltimore and Ohio
Railroad. at Darby, a suburb.
An unsuccessful attempt was made to
blow up the bridge Monday morning. Fiji
teen sticks of dynamite had been placed
on the superstructure of the bridge, but
only FIVE sticks exploded, and but little
damage was done.
The motive of the dynamiters Is not
known, but 1t is said the Youngstown Con-
struction Company, which was repairing
the structure. had had considerable trouble
with its laborers.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
BUSINESS AND FINANCE.
AND NOTES
FOR INVESTORS.

Watson & Co, the New York firm.
which was suspended from the stock ex-
change, were also members Of the New
York Produce Exchange. 1t has been
generally understood that the firm had
been bullish on grain, especially wheat,
for a long time. and their clients are re-
to have made a great deal Of money
on the summers advance in the cereal
market. 1t is, therefore, inferred that
the suspension was the result OF their
losses incurred In the stock market. On
the announcement Of the failure at the
Produce Exchange a sharp break aver
aging about 2 cents, took place in wheat.
At the stock exchange the announcement
of the failure was without effect.
Post &. Flagg say: The government
suit against the Standard Oil Company
commences today, and with the usual au-
tumn uncertainties of crops and money
1t does not seem probable to us that the
market can score any decided advance,
but it does look as If 1t might be a good
purchase for a turn or any reaction
A collapse in the wheat market at Ber-
lin, due to fine weather conditions in Ger
many. promoted a weak start In all the
markets in this country this morning.
The Calumet and Hecla Mining Company,
according to reports current in Boston this
morning, has made large sales of copper
at IS cents for deliveries during October.
and December. Colonel Liver
more, of the Calumet and Hecla, told a
correspondent this morning that the sltua-
ton was too delicate to make a statement.
Miss Giles makes the average condition
of cotton as of August rs, IT'S per cent,
against 76.s a month ago and 7s.s per cent.
last year.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
cHIcAGo,s POVERTY.
City Cannot Afford to Hire Electrical
Expert wilgus at His Price.

CHICAGO. Sept. 5.-Expert w. j. VIII
gus. former vice-president OF the New
York Central Railroad, who was expected
to prepare plans for the electrihcation u
the Chicago railway terminals, will prCD-
ably nave to come down on his price before
the city can talk business with him. This
is not because he may not be worth the
$35,000 he demands for his services, but be-
cause the city has not $685. 600 in sight with
which to pay him. 1t is understood the
work for which he asks that sum would
take q months time.
The Council committee on local transport
tation Is expected to take up the question
of identification actively this week.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
Hndson Incornorntions.

JERSEY CITY, Sept. 5.-Articles of
Incorporation of the Delta Rubber
Company were filed with the County
Clerk yesterday. Under It's charter the
company will manufacture all kinds OF
rubber goods and electrical supplies.
The capital is s150,000, divided into
1900 shares Of the par value of 500.
The incorporators are: Edward d.
Cronin, 22T Vanderbilt avenue, Brook
1yn. six shares; Frederick Knowlton.
G38 East both Street, New York, six
Nicholas avenue. New York, eight
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
BURLINGTON EXTRA
PER CENT. DIVIDEND

NEW YORK. Sept. 5.-Directors Of
the Chicago, Burlington and Quincy
Railroad today declared the regular
quarterly dividend of 2 per cent. on
capital stock and an extra dividend of
6 per cent.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
RA1LRoA EARNINGS.

Southern. for July, gross S4,SS5.20l, in
crease s4O5. 4O6; operating expenses $685. 1891.
increase $507. sO4A net 1858, so4. decrease $1o2.
SSS: taxes S152. 704. Increase SIS. 244; balance
$s06. 100, decrease $780, $40; rents, etc, $20.955,
decrease $l45, u6.
For fourth week in August:
Texas and Pacific. S409. AS, Increase $15,-
756. Month 1922 23, increase $i23.2l3. From
January / S10,SiS.es0. Increase $2.ll5s504
international and Great Northern. $224.000,
decrease $4,000. Month. 100000. decrease
$1,000. From July I, $.184.000. increase
$500.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
cEBALLoS FAILURE.
Application Made to Have New York
Banking Firm Declared Bankrupt.

TRENTON, Sept. 5.-Anderson c. Will
son. a member of The New York banking
house OF ]. NJ. Ceballos & Co.. of New
York, which made an assignment to Will
lam ". Howe last October, filed a petition
in the United States District Court today
asking that the firm be declared bank
rupt. The petition places the liabilities OF
the Arm at 5000. 900 and assets at $500.
The assets consist merely OF household
o1oda
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
pIvIpENp

Galveston-H Houston Electric Company in
itial semi-annual of SO a share on it's pre-
ferred stock payable September 1s: to
stockholders of record September Z.
Rubber goods Manufacturing Company
regular quarterly Of 1& per cent. on its
preferred stock payable September -;
to stockholders Of record September 9,
transfer booRsNdo not close.
United Traction and Electric Company,
Of New Jersey, regular quarterly Of IL
per cent. payable October L; books close
September 10: reope October q
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
MORTGAGES lMAcHINERY 10 ERIE.

JERSEY CITY. Sept. 5.-There was re-
corded In the Registers office at the
Court House late yesterday afternoon a
chattel mortgage whereby the Willard
Construction Company, Of PHILADELPHIA.
pledges to the Erie Railroad Company ali
its machinery, fixtures and contractors
utensils now used IN Constructing the omen
cut through the Bergen Hill for the Erie
Railroad as security for the paymen6 81
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
PENNSYLVANIA BANKERS MEET.

PITTSBURG, Sept. 1.-The thirteenth
annual session of the Pennsylvania Bank
ers' Association was convened today In
the Hotel s%cheneley; The report Of the
delphia, was delivered and addresses we're
made by United States Treasurer Charles
Fl. Treat and John G.. Reading, of Will
iamsporf, Pa. -
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
AMERICANS WEAK IN LONDON.

LONDON. Sept. 5.-American securities
opened weak, with prices u to u below
yesterdays New York closing.
After falling below parity prices recov-
cred on receipt OF New York's opening
quotations. There was a fractional recess
sion later and the market closed dull
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
DISCOUNT RArE uNoHANGED.

LONDON. Sept. 5.-The rate of discount
Of the Bank of England remained I'M
changed today at AZ per cent.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
DATE OF SENATOR BoRAH's TRIAL

BOISE. Idaho. Sept. 5.-The date of the
beginning Of United States Senator Borah's
trial Is September %. He is charged with
conspiring to defraud the Federal Govern
ment by sec uring Illegal entry of timber
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
LOCAL SECURITIES.

The appended list Of quotations on the
active local securities is furnished by Her
man J. Egner. room 606 Prudential build
irg: Bid. Asked.
Consolidated Traction Co... 62 50
CONSOLIDATED Traction Co. 5s.. 11 12
15 Us
u. c., Hob. & Pat. st. Ry. As. GO 81
aNorth Jersey st. Ry. 4s...... 66 81
Newark Passenger Ry. 5s..... 1Q 105
+Eliz., Plainf1eld & Cen. Jer. IS 90 SO
Pub. Service interviewing Gifts 60 81
*Pub. Service 5 p. C. notes.. 80 "a
Public Service stock. ............ 80 80
Gas IS, 1914. ............ 125 1923
Newark Con. Gas IS. 194S. 49,. 14 16
Newark Cor Gas stock......... 81 8SR
Essex & Hudson Gas stock.....115 III
sPat. & Pas. Gas & Elec. 5s..,. 80 1904
Pat. & Pas. Gas & Elec. stock. so s.
*Hudson Co. Gas 5s............. 1904 11
Hudson Co. Gas stock .......... 103 10o
IS. J.. Gas, Elec. & Trac. 5s.... 96 ~
S. J. Gas. Elec. & Trac. stock 11S lis
sUnited Electric 4s.............. 63 ga
Bergen Co. Gas & Elec. stock. SO "a
City Water as. 1922. 100 11
Essex Co. Park as, 1888. ....... 100 11
And interest.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05

unremitting adyertising. advertising pursued
methodically, day b. day. week by week.
month by month. is IN the end less expenaIve
than advertising occasionally Ia nts and etarta
-clothiera and H~aberdashera Weekly.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
CLOSING PRICES.

Following are the quotations of the days
closing prices. bid and asked, as furnished
by Byrne & Mcdonnell, stock brokers, 500
Broad street. Telephone G15:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
NEW YORK PRopUCF EXCHANGE.


Furnished by Byrne 6 Mcdonnell, stock
brokers. SOC Broad street. Telephone SIS.
Open. High. Low. Close.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
CHICAGO BOARD OF TRADE.

Furnished by Byrne & Mcdonnell. stock
brokers, 500 Broad street. Telephone els.
Omen. High. LOW. Close.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
NEW YORK STOCK MARKET.

Z Following are the quotations OF the days
prices, as furnished through Byrne & Nc
Donnell. 500 Broad street:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
PRICES OF BONDS.

The following quotations are furnished
by Post & Flagg:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05

A collapse in the wheat market at Ber-
lin, due to fine weather conditions in Ger
many, promoted a weak start In all the
markets in hts country this morning.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-05
BOSTON STOCK EXCHANGE.

BOSTON. Sept. 5.-Followtng are quota
tions of the active stocks dealt in on the
Boston Stock Exchange:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-06-16
SHORTY AND THE STRAY

~ AY, don't know whether I'll ever get to be
a reglar week-ender not, but I've been
- maxim another stab at it. What's the use
~ ownin' property in the country house belt
If don If and them So last