davidaulloa/AmericanStories huggingface dataset:
Evening star., 1907-10-16
LOCAL FINANCIAL NEWS.

The demand for bonds wa perhaps the
feature Of the days trading at the meet
ing of the stock exchange. IL 1t could be
said with truth that anything was netice-
able in the rather dull and listless pro-
ceedings that nowadays mark the daily
gatherings. One broker wanted as much
as 1900 in bonds Of one issue. hut as
rule single bond Of $1,000 fills the order
Capital Traction IS represented the
high-water mark in the figures on. this
part Of the list. as the bid advanced to
lib for 5000 and 113h for enc thousand
dollar bond. The lowest asking price was
lis. and with this record In the bid
these bonds have gone beyond the level
that was reached before the recent
general decline in the market set in.
and in this respect it's values have been
better maintained than any other bond
on the list,
There were no transactions in the bonds
but there were in Mergenthaler, and the
reason for mentioning these securities in
the same paragraph is because they are
about the only ones traded In on the ex-
change that not only have maintained the
level OF prices. but have gone beyond it.
Today Mergenthaler sold for 2O6 and
2b1a. and after call one lot for 205. Yes
terday one lot brought 207. In both cases
the explanation for such distinction Is
found In the excellent business done and
the favorable net earnings. In the case
OF Mergenthaler the usual double dividend
of per cent is expected about Christmas
time.
The only transaction In the Washing
ton railway securities was the sale after
call of fifty shares of the preferred stock
LOT 6s, while during the call two $500
bonds sold for 80 and for an eighth of a
point less. while the figures for $1,000
OF yesterday. There was also noted a
slight scaling off in the figures for the
common stock and also for the preferred.
The only transaction in the stock was
WE taxing OF fifty share lot at 6S. which
IS approaching again the low range in
the comparatively recent history OF the
stock on the local exchange.
There is no special reason assigned for
the apparent weakness of these securi-
ties. except the requirements in the near
future for betterments in the way OF new
rails and cars. There Is no doubt ex-
pressed as to it's earning power. and also
that each year it increases.
In the opinion of some observers Of
the market, current prices are affected
by uncertainties relative to the control
or the company as 1t will be brought
out when the show-up takes place about
the time for the annual election of Of
hcers In January next. 1t is thought
by some there are interests who want
to buy blocks of the stock, and the
question that Is an important one to
brokers is whether a strong buying
movement is really going to be devel-
Is merely an illustration Of we'll
known trait in the stock market Of Sc
curities going down as a preliminary to
going up.
Evening star., 1907-10-16
WHOLESALE MARKET REPORT,

Quotations given below are for large
lots. Jobbers' prices from 1 cent to 2
cents higher.
EGGS.-Nearby fresh Virginia, 25a26;
West Virginia and southwest Virginia,
24a2o; Tennessee, %: North Carolina
23; cold-storage. 20a22
BUTTER.-Creamery, fancy. S1Aa32.
Western firsts. 2sa30; seconds 25a26.
Process. fancy. 26a27; fair to good. ga
23 Store-packed, fresh. 19a2O.
+ CHEESE.-New York state factory,
new. large. 16ha17.
OBSERVATION-DISCLOSURES spring, per h.,
15a16; hens. per h., 13: roosters, per lb.,
9; keats. per lb., 10; turkeys. toms. per
H., 16a17; hens. per lb.. 17a18.
DRESSED POULTRY.-Hens, choice.
per lb., Is; roosters. per h.. 0a1O: chick
ems, per h.. 17a1S; ducks, per lb., 1Oa14 !;
turkeys, hens, per h., 1sa2O; TOMS. per
lb., 17a1S.
VEGETABLES.-Potat per bbl., No
l. 2.25: per bu.. 75aS0; No. 2, 75a1.OO;
bers, per basket, 2.25a2.50: onions. per
bbl., 200; peppers. per bbl., 1.00; toma-
toes. per bushel box. 4Oa75: cabbage, per
hundred. 2.00a4.00: eggplant. per doz,
25a4O: squash. per basket. 25a50; per
bbl.. LOO; snap beans, per bl., so; per
lima beans. per qt. Halls; new beets,
per bunch, 2; lettuce, per bbl.. Local so;
corn. per doz. 10a1S: okra, per carrier,
5Oa1.O0; celery. per bunch. 40a60.
GREEN FRUITS.-Apples. Der bbl.
1.50a4.75: oranges. Cal. per box. AIS;
apples. per crate, 1.25a4.50: peaches, per
basket. 1.25a2.25: watermelons each,
1Oa25: plums, per basket, 4Oa5O; grapes,
Delaware. per basket, 1s; Niagara.
per basket. IS; Concord. per basket, 12h !;
damsons. s-lb. basket. SO; chestnuts per
H.. 20: ounces. per bu. basket. 2.O0a
800; per bbl.. 5.OOa8.OO: pears, Sickle, per
bbl. 600; box. 2.25; per basket 1.25;
Sheldon. per basket, 200; Bartlett, per
keg, 3.00a3.25.
ern. No. 1, 2O5Oa21.50; No. 2, 18.50a19. so I;
mixed. 1500a19.O0. Straw. rye. bundle.
1350a14.O0: rye. machine thrash, 0.5Oa
1000; wheat. 6.5Oa7.O0; oat straw, per
ton. S50a0.O0.
LIVE sTOCK.-Cattle. extra. per cwt..
Ssoa515; butcher che. per s6. s%t. vt go, 4;5oa47s;
cwt, gross. e.5oa7.25. Sheep. 3:5oa5.oo;
lambs, spring. choice, Sa8h. Calves,
choice, per lb.. S1aa9; medium. per lb.,
8aSh. Cows. prime. fresh. each. 4O.OOa
5000; common. each. 2O.00a3O.00.
BEEF cUTs.aRibs, No. !, per lb.. IA;
lb.. 10; No. 2, 8; No. 8. 8. Loins. No l..
per lb, IA; No. 2. 12: No. 3, II. Chucks
No /, per ID. 8; No. 2. Z: No. 8, g.
WOOL AND HIDES-Wool, washed,
free of burrs. per lb.. 80; wool. un-
washed, per lb.. 22a24. Hides, green
per lb., Sac: dry. per h.. 13a15 Sheep
skins, green. each, 60a90; dry each.
25a75. Calfskins, green. each, 1.35a1 so
GRAIN.-Wheat. new southern, 95a
LOT. Corn, shelled. white. 75a7S; yell
low. 76aS0; ear, 3.00a4.O0. Oats. western
white, No. 9, 56a5S; NAKED, 55a57. Bran.
per ton. 2S.OOa3O.O0. Middlings, per ton,
IS OOa3O.00.
Evening star., 1907-10-16
BOSTON WOOL MARKET.

has been some falling off in transactions
this week. interest in the local wool
market still continues. and a heavy de-
mand by buyers Is reported in nearly
all lines. The volume of fresh business
remains above the average and much of
1t Is bby the worsted mills.
A good demand is reported in fine Ohio
delaine and half blood. Fine unwashed
delaine is quoted at sic. with 38hc for
washed. Three-eighths blood at 80 has
sold steadily, and the same grade Is also
In demand in Michigans at 80.
There has been no decrease in the de-
mand for territorial WOOL and a heavy
sale of Montanas in bags at 26 to 26h
for wool running to half-blood has been
reported Fine grades Of pulled wool
are scarce, while the supply OF Australian
is much reduced.
Evening star., 1907-10-16
OH, WHAT JoYl
Philanthropic Persons Start q Night
Nursery.

NEW YORK, October 16.-A night nurs-
cry is the latest labor-saving scheme on
the sociological program. The day nurs-
cry has been established in the slums to
give the wage-earning mothers a place to
leave their children on going out for the
days work. The night nursery Is for
children whose fathers and mothers wish
to take an evening out and have no re-
sponsible person to leave in charge.
The plan is to have number of fam
lilies Join together to support a night
nursery SO as to bring the service within
reach of those Of moderate means. The
salary of the trained nurse and room rent,
divided between ten or dozen families,
brings the price of membership to about
So a week. The plan contemplates leav-
ing the children in the care Of the night
nursery all night.
Evening star., 1907-10-16
NEWS OF HERNDoN.
Acetyiene Gas Company Formed.
General and Personal.

Special Correspondence Of The STAY
HEhNDON, Va, October 10, 1907.
company has Just been organized In
Herndon for the purpose of lighting the
BUSINESS and dwelling houses by means
Oh acetylene gas. Those forming the
company are DIR. E. l.. Detwiler. A. T.
walker, r. N. Walker. DR.. E. L. Robey
ana +. w. Huddl eston. Land has been
purchased upon which will be erected a
cement generator house, the construction
OF which will begin at once, and It will he
completed in time to receive the large
generator which has been ordered from
Knoxville. Tenn. The plant will be
reaoy tor operation In about thirty days
Amos Hall has purchased the BIcksler
property on Grace street. Herndon.
Charles Harris. representative colored
man and farm owner near Ryon in Lou
ooun county. whose death occurred Sat
urday, was buried today.
Wnlie driving near his home In a light
wagon Saturday he fell from the vehicle
his neck being broken in the fall. He was
about sixty-five years of age,
DR.. B. B. Detwiler has sold the Ia Fa-
yer place of ninety-eight acres, near Vale.
to Mr.. Hawley Of Hunters
The Herndon Poultry Association. whose
poultry show will take place the first
week wee IN January. has given orders for
prizes to be offered by the association
silver cups valued at $25 each.
Lincoln Smith Of Falls Church, who was
In the Washington. Arlington and Falls
Church electric railway wreck last JnIv
and who received injuries which at the
time did not appear to be serious has
been confined to MS home for some time
by the developments from a blow received
on the kneecap of his left leg.
The railroad tracks across the railroad
bridge over the Potomac river are being
connected by wire in order that all the
switches and signals on the line to
Washington may he worked by cleo
rapidly.
Evening star., 1907-10-16
Fast Miss Fritz.

NEW YORK, October 16-In the pre-
liminary trial for the typewriter speed
contest at the national business show in
Madison Square Garden Miss Rose l..
Fritz last night led all competitors. Miss
Fritz has won many championship con-
tests.
Nine others qualified with her for the
finals. Their scores ranged from that of
Miss Fritz. 1.1S3 words correctly written
In fifteen minutes, down to 79S words in
the same time.
Tonight there will be another try-out
the first five being allowed to enter the
finals. in which fifteen of the world $
fastest operators will compete tomorrow
night for the title Of worlds champion
Evening star., 1907-10-16
THE COTTON MARKETS.

NEW YORK. October 16.-The cotton
market opened steady at a decline of 2
points to an advance of points which
was just about as due on the cables Bet
ter weather reports impaired a somewhat
easier tone to the market during the first
few minutes, but prices quic' l. rallied on
covering and buying for a turn which
was promoted by a private cable from
Liverpool reporting that the Russian crop
had been destroyed by frost Trading
was quite active on the advance with
Liverpool and Sot houses moderate buy
ers and prices about 5 to IL points net
higher during the middle of the morning
Futures opened steady: October, 10 rs
bid: November. 1880 bid: December 10 9S:
January. 1918: February. 1881 bid i:
March lO.e5: April 1874 bid May. 10 So;
June. 10S4-S6: July. 1OS4-S7
During the late forenoon the market
became excl, d. owing to an evident
scare among a number of shorts Trad
ing was no. active and the situation In
December seemed to be that some of the
large short interests were trying to cover
while there was very little for sale. Forty
points were offered by December shorts
to exchange for January. December sold
at 1l.22 or % points higher while later
months were about 3 TO ) points ret
higher.
Spot. quiet; middling uplands. 1175;
middling gulf. 1900.
Estimated receipts at the ports today
1900 bales, against "a. 442 last week. and
43.6A last year. For the week, go. 900
bales. against 50. I'll last week and 370.-
ATT last year. Today's receipts a New
Orleans. 1174l bales. against S4l6 last
year. and al Houston, g. los bales against
%. i57 last year.
NEW YORK. October 16-Cotton: Spot
closed steady; mjddling uplands 1175:
middling gulf 1900. sales. 73 bales.
Evening star., 1907-10-16
Fall in Stock Exchange Seat Prices.

NEW YORK. October 18.-Falling stock
markets are lowering the price OF ex-
change memberships. according to the
members of the New York Stock Ex-
change. A seat was sold Monday for
$6S, 600. the lowest price since the break
of 1903 began. In the depression which
followed and which extended into 1904,
seats sold down to $4,000. In that year
memberships hardened in value until in
the early part Of 1905, when a high record
price of $97 800 was reached. Losses .sus-
tanned by members in the fall In stocks
and bonds this year have caused "a num-
Der Of brokers in the last few months
to offer their memberships for sale. The
consequence has been that prices Of seats
have fallen.
Evening star., 1907-10-16
Historic Washington Headquarters
Sold.

BRISTOL, Pa, October 18.-Tit,e to the
historic Keith homestead, in Wakefield
township. headquarters Of Gen. George
Washington. in Bucks county. passed
from the estate of DR.. John Paxson at
public sale yesterday. 1t includes, besides
the historic stone mansion. 231 acres OF
land, seventy-five OF them timberej. It
was here that Washington had his head
quarters prior to the battle Of Trenton,
marching with his army to the Delaware
river and crossing at what Is now knowa
as. "Washington's crossing"
Evening star., 1907-10-16
French Cabinet Plans.
T.. W. y.
oc16.1S. 20. 81. "a. .27. e

PARIS, October 16.-The French cabinet
has decided to place in the front rank
of its program for the approaching ses-
sion Of parliament. first. bill to facili-
tate the devotion of church property to
the communes; second. a bill providing
for the reform of military court-mar-
tta] and third. an income tax measure.
The ministry also will ask the immedi-
ate appropriation Of 81 s1.2O0.0O0 for the re-
lief OF the sufferers from the recent floods
In various parts of France.
Evening star., 1907-10-16
Western Maryland Stockholders
Meet

BALTIMORE, October 16.-The annual
meeting of the stockholders OF the West
ern Maryland railroad was held today.
100000 of the $4,000 shares of stock be-
ing voted The old board of directors
was reelected. with the exception Of
James FIazen Hyde. in whose stead Edwin
Gould was chosen.
Evening star., 1907-10-16

Sales.-Regular call. IL o'clock noon-C -Colum
bia R. R. 5s. $4,000 at 102. $500 at 102.
Washington Rwy. and Elec. As. $500 at 80
$500 at 1914
Chesapeake and Potomac Telephone, 1 at 81.
Mergenthaler Linotype. 10 at 206k. 10 a
206La, 2 at 2O81a. at 2O8ks.
Commercial National Bank, 10 at 210.
: Metropolitan National Bank, 10 at 800, II
at 300.
United States Trust. 10 at 100.
After call-W ashington Rwy. and Elec. pfd.
80 at 88.
Mergenthaler Linotype, 10 at 2O6. 10 at 2O6
at 205L. 10 at 2O3, 5 at 205, 2 at 205.
Evening star., 1907-10-16
THE LONDON MARKET.

LONDON, October 16-American Sc
curities opened firm today. At noon prices
were one-ouarter to seven-eighths higher
than yesterdays New York closing.
New York supported the market here,
and although profit taking caused a slight
setback the close was firm.
Evening star., 1907-10-16
Government Securities.
THE FOREIGN BANKS.

PARIS October 16-Three per cent
rentes d francs Il centimes for the ac-
count. Exchange on London. % francs
IL centimes for checks.
BERLIN. October l6-Exchange on Lon
don. 20 marks As pfennigs for checks. Dis
count rates: Short bills. Al per cent;
tAree months bills, ~ per cent
Evening star., 1907-10-16
Liverpool Cotton Prices.

LIVERPOOL. October 16-Closing-
ton-Spot. good business done: prices II
points lower; American middling fair,
f.O9: good middling. 500: middling, $40;
lower middling. 613; good ordinary. 553:
ordinary. 4.93. The sales of the day were
1000 bales. OF which LOCO were for specu-
lation and export, and included 80 Amert-
can. Receipts 1900 bales. including H.
200 American. Futures opened easy and
closed stead .erican middling g. o. c.,
October. 8.11i2: October and November,
6.Ootx; November and December 597: De-
cember and January. 504lz: January and
February, 5-0lh. February and March.
S-eO11; March and April. SIS: April and
May. SOS: May and June. 5.S81s: June and
July, $50; July and August. 5.S3k
Evening star., 1907-10-16
Legation Secretary at La Paz.

The President has directed the appoint
aent of Mr.. Gustavus L. Monroe, jr., of
Mississippi as secretary of the United
States legation at La Paz, Bolivia
Evening star., 1907-10-16
Government Receipts.

National bank notes received today for
redemption. $740.3S3. Government receipts:
From internal revenue, $S93. .4O2; customs,
81 ,26S, 1913; miscellaneous, $116.OS2.> Ex-
penditures, 81 10000
Evening star., 1907-10-16
BULLS AND BEARS

Sentiment on the part of leading stock
market operators continues to be rather
pessfmfstic concerning the outlook. 1t Is
generally conceded that banking sup
port was extended to the market yester-
day. but It is also acknowledged that this
was done, not with a a view Of accumu-
iafins stocks to hold, but rather to pre-
far as can be ascertained some of the
stocks bought with this object during
yesterday mornings slump were again
fed out on the later rise. and 1t Is taken
FOR granted that the unsold balance will
again come upon the market as soon as
the power OF absorption is sufficient to
take It,
Those in touch with all phases OF the
situation declared yesterday that they
saw nothing as yet to- encourage the hope
OF any sustained advance in prices. The
bear party is still in an aggressive mood,
and although it is becoming a little more
cautious about selling at the extreme
low levels. 1t VIII take advantage of any
weak spots to hammer down quotations.
Following such a decline as has been
experienced in the last fortnight there
are always a large amount OF weakly
margtned accounts which can be usually
dislodged without a great deal Of trouble,
and 1t is assumed that liquidation from
such quarters will continue a feature of
the market in the near future.
X
The report from Washington yeste rday
that Interstate Commerce Commissioner
Lane has unearthed evidences of fresh
rebating practices by the Southern Pa
cific is not calculated to inspire conf
dence on the part of the public. After
all the agitation and Investigations which
have been going on with a view Of pre-
venting illegalities in corporate manage
ment the discovery that one Of the con-
Germs which has been In the limelight still
continues to ignore the laws will un-
doubtedly have a very bad effect on pub
nc sentiment if the charges are sus-
tanned In any event. it is believed that
1t will have an unsettling influence on the
stock market for the time being. ire
spective of whether the charges are we'll
founded or not. Should conviction be
obtained there Is a good deal of appre-
hension that heavy fines will be levied
against the company.
Foreign sentiment seems to have I'M
dergone no particular Improvement and
the resumption Of heavy liquidat ton for
European account yesterday is taken as
bad omen. While the prospects Of an
influx of money to the New York banks
from the Treasury Department are reas-
suring, such an event is not altogether
without its unfavorable portent. Bank
ers declare that interior institutions have
absorbed about all the government money
Tor which they are able to put up neces-
sary collateral, and that the New York
banks are likely TO obtain the bulk of
future deposits. There is some appre-
hension, however. lest the placing of
government money here will bring rates
down to such a level as might facilitate
the export of gold. The exchange mar
ket Is already uncomfortably close to the
gold point. and 1t is easily conceivable
how the addition Of several millions of
dollars to the local surplus reserves
might create q condition which would
force gold shipments.
Evening star., 1907-10-16
Grain and Provisions Summary.
Liverpool Grain Prices.

LIVERPOOL, October 1G-Ciosinp-
Wheat-Spot neminal futures quiet. De-
cember, Ss. 6Ad: March. S. 7ssd May,
Ss. I'd. Corn-Spot. firm: prime mixed
American. 6s. Id: futures steady; Oc-
tober. 6s.: January, 5s. 8%.
Evening star., 1907-10-16

Har SILVER, Steady, ISNd. per ounce
Money. 21n3 per cent.
The rate Of discount In the open market for
short bills is 4a4M per cent ~
The rate Of discount In the open market for
three month bills is 4Aa4% per cent.
sEx-div.
Evening star., 1907-10-16
The World of
Finance and Trade
NEW YORK STOCK MARKET.

Furnished by W. B. Hibbs & Co. bank
ers and brokers. l410 F street, members
New York Stock Exchange. Washing
ton Stock Exchange and Chicago board
Of Trade
Evening star., 1907-10-16
Closing Quotations.

Closing Quotations.
At the close OF the stock marka+ +ba
ioiowlng stocks had changed in prtce
since above quotations, there being no
change in balance of tho cI,s;,,.N NJ
tions: 4uola-
Amaigamated Copper. 56as.
Am Car and Foundry, 2s%
American Locomotive, pfd oa
american Smelling IN
American Smelling. pfd, SO.
American Sugar. 1857.
Anaconda, 2Sas
Atchison. Top and S. Fe. 7ea
Batopilas Mining, B.
brooklyn Rapid Transit. Al.
canadian Pacific, 15S
Chicago & n. w, 141.
Colorado Fuel & Iron. Is
Delaware & Hudson, I47A
DLstillers' Securities, 46l1.
Erie, common, 1874
Illinois Central l3O
lnterboro Metropolitan. pfd.. DOL
Mexican Central. 15N.
Mo. Kan. and Tex, com, q.
Missouri Pacific. SO
New York Air Brake, 99L
New York Central 1903.
Northern Pacific I17h.
Pennsylvania R. R.. Il6A
Pressed Steel Car, 1911
Reading. S7A.
Republic Steel and Iron 17L
Rock Island, com, 15ss.
5. l.. and San Fran, I'd pfd 91H
Southern Pacific IA
Tennessee Copper, %.
Texas Pacific, 21%.
Union Pacific. 117%.
L. 8. Rubber, 1S
L. s. Rubber. pfd., rs.
L. 8. Steel 22k.
I. S. Steel. pfd, S2A.
Na.-Car- Chem. com, 16k
Woolen Goods, 151a.
BONDS
American Tobacco Is, 91
Rock Island As, 65k
Evening star., 1907-10-16
Break Followed Higher Open
ing of Stocks Today.
THE lNDUSTRIALS LED
Sharp Reaction Due to Misgivings
Over Copper.
OTHERS WEAK IN SYMPATHY
OTHERS WEAK IN SYMPATHY
Declines Most Extensive in Ameri-
can Smelling, National Lead
and U. S. Rubber.
Special Dispatch to The Star

]
NEW work. October 1e-af,ar =
-. :
rii"he' "I perhaps i''!'i'' Sf'"N'i'3' q
h'gAsr opening, the stock market with
the course Of the morning developed re-
acti.rary- Tendencies and shortly after
the noon hour broke quite badly. es-
peciaLy in the Industrial group, and in
some particular railway stocks The eX-
hlbltlon OF strength made at the outset
or the trading was IN large measure IN
response 10 substantial and general re
coveFy IN the London stock market
American shares PARTICIPATED luIIy IN the
improvement there and foreign houses
were again buyers on balance IN the local
deanhss.
II was doubtless the case that the most
definite axrfanatinn IF IT,. sb,rn reaction
- -b. s,.,, ,o-l-. ,-f.t tho o,,,rsa Of
- ma '''' "'.'' I-''
the udA cuutu De named III the miSSNlhs9
excited by this weeks gyrations in
United Copper stock on the curb market.
1t Is scarcely necessary to discuss at
length the construction placed upon the
incident In question. but at all events
most disagreeable impression has been
created In consequence,
Although there was a further reduc-
tion made today in the selling prices
for copper metal, Anna aigamated Copper
advanced In the early dealings in com
ket @ SubseouentIx that stock NE surYeTed
a particularly sharp break. and it's
course was naturally furthered oy the
viii 80. torInrro,- nt Cte ,nnn ny
quarterly dividend on the stock.
anoIaa-a+ed co,ra- D;nids,d
.oN 'oliiiii"ilS aSsuhieu 'iia'
the dividend VIII be declared at some
marked reduction from the figure fixed
out 70 no r.s11 fo,,,das .t,r, ,,-iIl not
-, -. ,-'.
uia4iS pe much curiosity as 10 the pur-
pose of the management in establish
ing the dividend rate at that time upon
O fat y nor cant ou.rteri,, host,
,rba ra,,.,,,,o. =, ~,
,,,iadaIIanat -. VI 'iie IuuSt1 i iai anu anu
- A'
,.ti aIsu III Sums LleaSuIe, al sym YIN
RIIty RIaemy VIII ANA 8 AMAZED copper; Inc
iiHes nus eA'TiSise III Amer-
Evening star., 1907-10-16
CURB QUOTATIONS.

Furnished by B. R. Chapman Co. g. D.
Chipman manager). members New York Stock
Exchange, 1901 y st.