davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1907-09-01
NEW INTERPRETATIONS
FALL OFF IN AUGUST

Uncertain monetary conditions and the
war against corporate interests have
caused an abrupt halt in capital move,
ments- The total capitalization OF the
large industrial, railroad, and mining
concerns that filed papers in the States
OF Maine, Delaware. New York, New
Jersey. and Massachusetts in the month
Of August with a capital Of 81, 900. 600 and
over was s66,30O,00O This is under the
amount Of the corresponding month of
any OF the last ten years, with one ex-
ception.
August never is a heavy month for
Interpretations, as money usually is
scarce, owing to the demands Of the
interior to move crops.
The total Of $65, 10000 for August com
pares with So, $4,000 in July, and s22s.-
10000 in June
The Washington times., 1907-09-01
GENEROUS PROFITS
MADE IN BANKING

The high interest rates prevailing dur
ing the past year or more, while a
heavy tax upon enterprise, have con-
tributed greatly to the profits Of bank
ing The London Statist, in a review
OF the profits Of the London clearing
house banks during the fiscal year ended
June so, 1907. shows that with an en-
ployment of $500, 10000 Of funds. the
banks made net earnings OF S65. COO O0O
out of which they paid in interest to
dePositors SIS, go. 900. leaving a net profit
OF 81, 920, 900, and enabling the banks TO
pay in dividends over $30,O00,OO0. The
net profit Of the clearing house banks
amounted to nearly y per cent upon the
total capital and surplus Of these banks.
or 10 over 10 per cent upon the pafI-up
capital only. The Bank OF England
paid 8 per cent in dividends during 1905
and Martins paid per cent. but the
dividends Of fifteen other leading Lon
don banks ranged from Il to 20 per cent
The Washington times., 1907-09-01
COMMERCIAL FAILURES
CONTINUE TO INCREASE

Commercial failures last week in the
United States, as reported by r. c.
Dun & Co, are 2O3 against 40 the cor
responding week last year. Failures in
Canada number II, against II last year
or failures last week IN the United
States, 50 were in the East, - South. "a
West, and q IN the Pacific States, and
70 report liabilities OF s., 600 or more.
Liabilities Of commercial failures re-
ported for August TO date. are SlI 924 -
"a compared with S7,S47,62 a year ago.
The Washington times., 1907-09-01
SCHWAB TELLS DRUMMERS
ABOUT STEEL CO.'S RISE

NEW YORK, Aug. S1.-The CONNER
cial Travellers Outing Association held
a dinner at Dreamland. Coney Island.
last night. The drummers assembled
In the Royal Italian garden TO listen to
speech by Charles NJ. SChwab
AR Schwab devoted himself TO telling
OF the wonderful opportunities open to
the dF5mmer in this country, and then
told how the output Of the steel cor
poratton had grown from 100000 tons
at the present time, due to the industry
Of the men in the field.
The Washington times., 1907-09-01
LONDON MARKET
WELL SUPPORTED

LONDON, Aug. 31.-Nofey was in bet
ter demand in the market today but
supplies were abundant Discounts were
steady On the stock exchange business
was brisk, but supplies were short, with
fractional improvements IN first-class
securities on investment purchases.
Americans were benefited by the steps
taken to assure the success Of the COM
ing issue of New York city bonds and
by the expectation of a favorable New
York bank statement. They Opened
steady a fraction over parity. and in
spite Of The holiday IN New York. prices
hardened and closed firm
Foreigners and Kaffirs were steady.
japanese Imperial 6's of 1904 closed at
1o21z-1s above yesterday.
The Washington times., 1907-09-01
WEEKLY BANK STATEMENT.

Reserve on all deposits. decrease,
81, 2l9, $50; reserve on deposits other than
United States. decrease. &,IS9, 40; loans,
decrease, SIo6. 600, 600; specie. decrease,
s. AZ 800; legal tender, increase, S495. z0e;
deposits decrease. 81 ~, 500; circulation,
increase, S143100; total loans, 81, 0S7 985, 400.
The banks now hold in excess of legal
requirements, $. 756. 80, against s, SIS, 400
bast year, and S, 1850 two years ago.
The Washington times., 1907-09-01
A STRONG COMEBACK

do YOU think you could learn 10 love
me?' the young man inquired
Learn 10 love you2'' exclaimed the
raptuTous maid. Harold. 1 could give
lessons at it"-LouisYille Courier-JOur-
nal.
The Washington times., 1907-09-01
PRICES LOOKING Up
ON LOCAL STOCKS
Transactions Large in the
Usual FaVoriteS With
Good Gains.

The remarkable fact connected with
the trading Of the past week on the
washington Stock Exchange was that
with the exception Of thirty shares Of
Commercial Bank stock not a single
trade was registered in the many diff
ferent securities which occasionally
are sold and help to make out full
weeks business. There was also a
wonderful falling of IN the bond list,
the total being the lowest known for
many weeks. IN fact, the records Of the
past two years fail to show such a
dearth of business in that line.
The Washington times., 1907-09-01
PRICE CHANGES OF WEEK
ON WASHINGTON CHAM &c

The following table. furnished by
Griffin Halstead & Co., brokers, 1874 T
street, members of Washington Stock
Exchange, shows the opening, highest,
lowest. and last sales on that exchange
last week. Prices are for quotation lots
only;
The Washington times., 1907-09-01

An even half dozen Of the active Sc
curities made grand total Of 1856
shares Of stock, which is the largest
weeks business for several months In
this respect, too, there was much to
be thankful for, as half the number
showed splendid Improvement in prices.
while the remaining three were steady.
The Washington times., 1907-09-01

Brokers are beginning 20 return from
their vacations. and as Labor Day is
generally the climax Of the summer sea
son, It is expected that with the coming
week mebers viii. be coming in daily
and an Improvement in the trading list
may be hoped for. Bankers and brok-
er like other horny handed sons OF toll
are averse to labor during the dog days
and limit their interest in stock TX
change matters.
The entire sales OF the week on the
washington Stock Exchange were az
The Washington times., 1907-09-01

From low Of %. Washington Rail-
way common jumped 70 355z. while the
preferred did even better, advancing s
points in the week and closing at the
top. Washington Gas emerged from
temporary obscurity and became SUI
denly active and strong. with evidence
OF good buying from interests that are
said 70 have fullest knowledge Of forth
coming events.
The Washington times., 1907-09-01

The money market continues 10 give
trouble. the complaint being general
among brokers that loans on collateral
are hard 10 get. This, OF course, mill
tates against a speculative campaign
and at the same time prevents those
who believe prices are low and would
buy on generous margins from taking
advantage OF the opportunities.
II is observable that much OF the
buying Is OF the real investment char
acter by those who are able TO pay for
what they get. This reduces the float
ing supply and TO that extent helps
the market
The Washington times., 1907-09-01

Mitchell Mining seems pegged at ?
at which point investors are willing
both TO take a flyer on account OF the
low price and for those who have been
unfortunate enough 10 get in at a high
er rate to average their holdings down
TO a lower basis
The Washington times., 1907-09-01

Taken as a whole. the stocks of the
various iron and steel companies have
not suffered from the standpoint of
paper depreciation as much as the
shares of many of the great railroad
systems. When earnings and working
capital are taken into consideration. the
issues of many steel companies look
very cheap. but Wall Street does not
seem TO be in a mood to consider in
trinsie values at this time.
The Washington times., 1907-09-01

Not for weeks has there been SO
much interest evinced by the public In
the proceedings OF the local stock board
as was noticed last week. Nearly every
day the seating capacity outside the
rail has been fully taxed and many
strange faces were noticed in the aud
fence. A big drop or a big boom always
brings a lively crowd. whose interest is
plainly shown by the attention paid
certain stocks and the comment about
them.
The Washington times., 1907-09-01

The decline IN Lanston, which has
been so persistent for several weeks,
was checked at u, and although the
selling gave evidence Of liquidation, the
stock was taken up freely until the mar
ket appeared cleaned up at that level.
The Washington times., 1907-09-01

The S65,945. $50 Government 5 per cent
bonds which are redeemable after Au-
gust I next, are the outstanding amount
The Washington times., 1907-09-01

A prominent Stock Exchange house
finds that its loans at the present
time are the lowest with but one ex-
ception during the thirty years it has
been in business.
The Washington times., 1907-09-01

According to reports made the gross
receipts of seventy-two OF the leading
railroads in the United states for the
fscalsyear ended June 80 were 8, 225, 0S6, -
225, an increase for the twelve months
of s14O.557. Al. or 1886 per cent The net
receipts were S392. us. 4s4. an increase of
81, 49,, 226. or SIS per cent.
The Washington times., 1907-09-01

of a total issue Of S19s. z2s. $50, authorized
in ls9S and known as the WAR loan"
The bonds were made redeemabIe at The
pleasure Of the Government after ter
years, and due and payable August 1.
1915
The Washington times., 1907-09-01

Ultimate handsome profits are predict
ed for the wise man who picks up stocks
when they are Low. The pendulum
swings both ways
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
BREAKS OIL MONOPOLY.
Standard Oil Hit by Decision of Okla
hOma Official.

The monopoly of the Standard Oil
company in the sale Of kerosene for il
lumnating purposes in oklahoma has
been broken by an opinion by w. o.
Cromwell, the territorial attorney gen.
eral. Mr.. Cromwell holds that the
territory has power to prescribe such
flash tests as afford safety to consum-
ers, but that the legislature has no au-
thorty to regulate the quality of any
article of merchandise shipped into
the territory and bought by the peo-
pie. The restrictions which the attor-
!ey generals opinion remove are con-
tanned in the act of the legislature of
1908. When in Washington several
weeks ago Gov. Frantz submitted the
law and his proposal to James Gar
field, secretary of the interior. Secre
tary Garfield said that his impression
was that the law was in valid.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
STUDENTS IN WRECK
SIX KILLED AND MANY INJURED
AT Los ANGELES.


A special train on the Atchison, To-
peka and Santa Fe railroad, carrying
scores of students home from an inter-
collegiate field meet at Claremont
Cal, collided headon with the out
bound limited No. 2, on the same road,
while both trains were moving at a
rapid rate, within the city limits Of
Los Angeles, Saturday night Six per-
sons were killed and seventeen injur-
ed, several Of them fatally.
Both engines, one of the baggage
cars on the overland limited and the
smoker on the special were demolish-
ed. The crash was terrific and was
heard many blocks away from the
scene. The known dead: c. G. Frank
lin, student at University of Southern
California; A. H. Edwards, ]. c. Gall,
Fred Hodgson.
Workers at the wreck stated Sum
day that they were convinced there
were at least two additional bodies un-
der the wreckage Of the smoker.
The collision occurred in that part
of Los Angeles river bed occupied by
the Santa Fee tracks and directly be-
meath the Buna Vista street bridge.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
SEEKS TO JUSTIFY KILLING.
Woman Testifies for Her Husband.
Who Shot Physician.

In the trial now proceeding at Car
mage, Mo-, of Arthur Sanderson for
the killing of DR.. Solomon d. Mere
dith, the Sanderson family physician,
on January last, Mrs. Sanderson, tes-
tifying for the defense said:
'Dr. Meredith began his advances
toward me one day when he was call
ed to the house to attend one of the
children. Later he stroked my head
and took hold of my hand. 1 pulled
away from him; then he grasped me
with both hands. I was standing by
chair in his office, and he took me
around the waist and pressed me to
him and said, I love you protested
and asked him to think of his wife
and my husband, and said it would
be something awful If anybody found
out what he had done. I was helpless
to resist him"
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
KOEHLER NOT GUILTY.
President DisapprOves Verdict Q
Courtmartial.

President Roosevelt Friday an
nounced his disapprovaI of the findings
OF acquittal in the case of Capt. Lewis
NJ. Koehler, fourth cavalry. l.. :. A..
cavalry commander at JClo philippine
islands.
Capt. Koehler was charged with
using disrespectful Language in an ap-
peal from the action Of len. Wood,
who reprimanded Capt kOehler for
making charges against Maj. Scott,
commanding officer at :he Jolo mill
tary post and civil governO" of Jo!o,
and was charged with conduct unbc-
coming an officer and a gentleman in
making unfounded and malicious
statements regarding his commanding
officer, and with INSTRUMENTATION.
The first courtmartial sentenced
him to be reprimanded and the second
courtmartial, on which Fridays action
was based, acquitted him.
The presidents order follows:
The White House, Washington, D.
C.-The proceedings, findings and ac-
quittal in the case of Capt. Lewis NJ.
Koehler, Fourth cavairy, United States
army are disapproved. l entirely con-
cur in all that the secretary OF war
says of Capt. Koehler, and of Cen.
Wood, and Of the poor showing made
by the court which last passed on the
case. Theodore Roosevelt"
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
HELD FOR GRAND LARCENY
Prisoner at Elk Point Found With
"fhc Goods On"

Henry JOHN and Jerry Sancier We're
placed under bonds for $3.50 each by
Justice Baugh. Elk Point, charged
with grand larceny. During q street
rOit that took place there recently
Charlie Flannerry was robbed of about
$50. The pOCtketbOok and money
were found in the outside coat poe
ket of Sancier when searched at the
calabOose. Sheriff sherman received
blow in the face that disCOlOred the
flesh. The hearing IS set for next
Monday at 10 o'clock.
Andrew Olson pleaded guilty to five
indictments charging him with sell
ing intoxicating liquors without a
city license, and Judge Jones fined
him $50 on each count, or $3.50.
David Gettle pleaded guilty on five
counts to the same Offense and was
fined $3.50. John McGreevey pleaded
guilty on two counts and was fined
800
The indictments against Dr. Phil
lips and F. G. McMacken were de-
murrred to and the demurrer sus-
tanned since the last term Of court,
the indictments being drawn under a
statute that had be repealed. There
was no grand jury at this term of
court.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
DISTRICT COURT AT HURON.
Judge Frank Il Smith. of Mitchell,
VIII Hear Criminal Cases.

The regular March term Of the cir
cult court has been in session at HUI
ron since the 18th, Judge Whiting pre-
siding until Tuesday afternoon, when
Judge Frank b. Smith, Of the Mitchell
circuit court, was called to the bench
to hear some criminal cases The
case of the Security State bank. or
Faulkton, concerning the validity or
certain school bonds issued in terrlto-
rial days and now the property or the
plaintiffs, was heard and taken under
adVisement by the court. The grand
jury was adjourned Tuesday afternoon.
Thirty-eight cases were examined, but
less than a dozen true bills were re-
turned Howard A. Jones, indicted
for embezzlement of several hundred
dollars from the John Gund Brewing
company while acting as its agent ana
collector, was called for trial before
Judge Smith Tuesday afternoon. Much
time was occupied in securing jury
and from the number Of witnesses call
ed is thought the case will be Ions
one. Judge Smith will hear every
criminal case at the present term.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
MEANS Room FOR PIERRE.
The Northwestern Will Spend Near
Iy $500 900 i'm That Vicinity.

The representatives Of the North
western road in Pierre at a confer
ence meeting with the city council
authoritatiN ely announced that the
company would expend 100000 IN
that city this year in improvements
other than those Of new trackage and
the bridge work. A new depot is to
be built at a cost Of sl25, 900, which
one of the Representatives said was
to be the finest structure Of its KIND
in the state. The matter of the To-
cation of this structure is one which
is yet kept from the public, but while
there are several sites, one Of which is
certain to be used the general senti-
ment appears to be that 1t will be not
far from the location Of the present
building used for that purpose, but
on the new tracks farther to the north.
The rest Of the amount will be eX-
pended for shops, rOundhOuse and
coal house which will be located on
the grounds purchased by the COM
pany, last year near the government
Indian school, in East Pierre.
With this expenditure and that on
the bridge and track construction the
Northwestern road will put into cir
culatiOn 100000 for the benefit Of
the city this summer, a large amount
Of which will be in payment for labor.
Besides this, fully 100000 will be put
into the work at the state capitol, and
large amount will be required for
the private buildings to be erected this
year, meaning a prosperous one for
Pierre
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
BABEL AT PRETORIA.
Confusion of Tongues at the Opening
OF Parliament.

The first parliament Of the Trans
vaal under the newly granted consti.
tuition met at Pretoria Thursday
morning in the hall in which the late
President Kruger presided for SO
many years over the sittings Of the up
per volksraad of the erstwhile South
African republic. The stage setting
was the same as in the old days Of the
dutch republic, but the characters in
the drama were mixture Of British
lmperialists and burghers. y large
crowd assembled in front of the house
Of parliament, where two regiments Of
British infantry were drawn up. For
the benefit Of the thrOng the members
Of the lower house took the oath on
the historic balcony where it was the
custom Of President Kruger to deliver
his biblical oxhOrtations when sworn
into the presidency.
In the upper chamber the earl of
Selbourne, the high commissioner,
vino was in full uniform and attended
by his military and personal staff, was
seated on the throne, flanked by black
gowned judges and foreign consuls.
Lord Selbourne ordered the men,
bers of the lower house to retire and
elect a speaker AS soon as they had
assembled in their nall a language
controversy sprang up, the Afrikand-
ers persisting in the use of Dutch.
Mr.. Hofmeyer took the chair and,
speaking in English eXDlained the
method of electing a speaker, where
upon Gen. Schalkburger, the former
vice president Of old times, shouted:
Speak Dutch"
The generals interruption was
greeted with cheers by the Beers, and
Hofmeyer compiled. finishing his ex,
planation in Dutch.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
TEST OF WIRELESS PHONE.
German Sharp Makes 1t Work Dis
tance of Two Miles.

Count Arco, Of Berlin, in his wire
less telephone experiments, has sue
ceeded in obtaining distinct exchanges
of words in a tolerably natural voice
at distance of two miles by using
poles thirty feet high. Rear Admiral
Nanny, VIII was a delegate Of the
United States to the International con-
ference on wireless telegraphy at Ber-
lin, and Lieut.. Commander Howard.
Z. S. n, the United States naval at
tache there were present at a series Of
private exhibitions Of the wireless tel
ephone apparatus, and have been able
to talk with each other at a distance
somewhat less than three miles. But
the best practical results are attained
at two miles or under, with thirty-foot
poles.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
TlG News d South Dakota
AN AGED MAN DROWNED.
Henry Iverson Found in the Sioux
River by SearcherS.

Henry Iverson, a prosperous farmer,
living two and half miles northwest
Of Watertown on one of the best
equipped farms in CodingtOn county,
was in Watertown Saturday afternoon,
and during the evening was with
friends in various saloons and did not
leave the city until after IL o'clock at
night.
The next heard Of him was at the
E. J. Allen farm, just west Of the city.
His team had become unmanageable
and in some manner had become de-
tached from the wagon and was drag
ging him about the road.
A young fellow passing by and the
men at the Allen home caught the
team. The horses were sent to town
and an effort made to get IversOn into
the house, but he refused and started
to walk to his home. When he did not
return home on Sunday morning a
search was made, but without avail.
All day Monday the search was con-
tinued, and about noon Tuesday the
officers found the body of the man in
the Sioux river about a mile from the
city limits.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
MAY MEAN LOSS TO HEIRS.
Disposition of Big Estate Involved in
Disappearance of Mail Pouch.

Unless the registered mail stolen
from pouch on the ship La Savoie
In January is recovered it may mean
the loss of an estate valued at $1,000,-
900 to the benefciaries of will sent
to France for probate. Under the pro-
visions of the will the estate, or a
large part, is said to have been left to
other than the legal heirs. The will
vas drawn by the late Charles Rubers,
4 Frenchman by birth, but who came
to America, where he amassed a for
tune. He died in Paris last summer,
and his will, which was In the custody
of the law firm of Coudert Bros, of
New York, was forwarded to France
In the registered mail that went aboard
on the La Savoie. 1t is said there are
numerous claimants for the estate and
that unless there is certified copy Of
the will in existence the estate will be
distributed as If the testator had died
lntestate.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
BACK FROM PANAMA.
congressman Well Pleased with the
Progress of Canal Work.

Thirty-nine congressman who have
been inspecting work on the isthmian
canal arrived in New York Saturday
on the steamer Panama. Congress-
man S. c. Smith, of California, said:
I'VE were delighted with all we
saw. They are taking out from 80, 600
to $1,000 cubic yards of dirt a day,
with an average of about 100000 Gu
bic yards a month.
There are now estimated $1,000
BOO cubic yards to dig out, 50 you can
work it out for yourself There are
$4,000 men on the pay roll, of which
5000 are Americans.
''We did not see single Chinaman
at work on the canal. We found the
telling was against their employment.
The only ground of complaint we
found was that possibly the food was
not all that might be desired. This
Is, of course, accounted for by the
great heat.
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
JAPAN WANTS ISLANDS.
May Have Trouble in Keeping the
Philippines.

United States Senator William ].
Stone, in the course of a speech in
Kansas City Tuesday night, said:
IF we are ever to have serious
trouble with any nation it will be
Japan. japan wants the Philippines.
I am not sure whether it would not be
best for all concerned If she should
get them, but one thing is certain, she
will never get them with our consent.
But we may have trouble in keeping
them. Japan could seize the archipel-
ago in a week, and we could only send
over a big enough fleet to wipe Japan
from the sea. That would be a costly
task"
The Dakota chief. (Gann Valley, Buffalo County, S.D.) 18??-1913, 1907-03-28
ELK POINT MAYOR BEATEN.
Assaulted While Attempting to Quell
Il Disturbance.

While attempting to qeull disturb
ance in a local pool hall Tuesday night
Mayor w. w. Main, of Elk Point, was
assaulted and quite seriously beaten.
No arrests have yet been made, but
warrants will be issued. The assault
on the mayor caused much excitement.
1t is alleged by the anti-saloon ele-
ment that the attack on the mayor
was the result of the campaign which
the authorities have been making
against the holes in the wall" there.
Seventeen indictments have been
returned by the grand jury against
persons who are alleged to have been
selling liquor illegally.