davidaulloa/AmericanStories huggingface dataset:
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1907-03-27

Little globules Of sunshine that
drive the clouds away. DeWitt's
Little Early Risers will scatter the
gloom of sick-headache and bilious
ness. They do not grippe or sicken.
Recommended and sold here by
Tallman & Co.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1907-03-27

Joseph M. Snow, of Spokane, has
been reappointed state highway COM
missioner by Governor Mead. The
term Is for four years.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1907-03-27
Commercial Livery Stable.

COMMERCIAL livery StnbIc.
Is making a specially of boarding
horses by the month. Best of care
taken of horses, 'buggies and harness.
Your rig delivered promptly to any
part Of the city.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1907-03-27
For Sale

4so acres adjoining city limits, Pen
dleton, 3e0 acres in wheat. Will cut
two tons per acre. Price, includ-
ing crop, $4,000. Easy terms. Water
on every quarter. You had better in
vestigate this.
have several desirable stock
ranches in Games Prairie, for sale.
A hotel at Pilot Rock, very cheap.
Wheat land in large or small tracts.
Suburban homes with fine orchards.
The Washington herald., 1907-01-12
LOCAL PRODUCE MARKET.
Taces quoted are vholesalel

EUTTER- Receipts light and market strong.
Creameiy fancy s3is 60 a rer pound. Western drSjs
90 % 81 seconds, - 90 . process. fancy, = 20 -'-
dairr choice n o. -. store packed. lrm. i 20 Is
CHEESE Market firm New York State factory,
large u % 1j. do. small. Is go l6; summer large
l2iz IN IS. Western facttrr, new, choice II 10 j.;
CO.. FAIR o. s.oi. l9 g. %, ugir'a. u.
EGGS-Bcc5iuts light ard maTac; strong Near
by. fresh Nnsias. .; West Virginia ond Southwest
Virginia. % 90 20 Tennessee. o TO .; North Caro-
Una 2I % q. g sage. % 90 u; duck 2 10 ..
LIVE POULTEY-Auirals light and market firm.
CLir.cus large per poi.na. Il 20 Is. do. medium.
Is TO L; do small. Is; hens. l5' rooster . ducks
lolre li 20 -. small y % Is; scese. ~ II; tur
kcgs toms Il 10 Is. hens. c1oice. Is TO l5i keats
II to l2.
DRESSED POULTRY Receipts moderate and
market strong. TurtC,s. mdraNn. average. 10 10 Il;
c..,- h.us Is O. IT, do. thin. d. cid TOMS Is to
IS: chickens. sIrrg. iaree, l6; do. medium. Is 20
Is. Go. small. Il 90 Il hons. choice. Is to III;
ruusgIs S. ct5C 20 90 l.; ducEs. u 80 l6s capons,
l1.r- - To- l9. snail. l5 Co. j.
DRESSED MEATS -Calvos fun dressed $50:
heads Of. $50 go 900; hCsdrcssCd calves. 80 60
500; bans. country. sugar cured. Liz. hess snail
and ucat par cUt-. SEQ 20 $50; do. medium. 80
20 $50. do. heavy. 81 To 100
CAAiE-i;cccip,s iaIE, and rEiccs lower. Rabbits
pr dozen. lN o. EsO, kits Isr Dozen 50 20 15;
quail per dozen, l50 10 20 squirrels. each. 90 S.
or,1ssltna-. each. p 90 81
EEGETABLES-ITish potatoes. supply moderate
market frG lsn, and sweets dul!- Iotajces
home grown, l5) Ur barrel; do. Fer bushel, 30 to
80: Virginia and Maryland. peg barrel L5J-to rs:
sweet potatoes. per barrel. $50 To 20j. do. yams
IS To LOO. celery. Ncg Yora. per bunch. 20 90 5a.
onions. Ohil. ptr baupl, L.5 20 2JJ; Maryland and
Virginia L75 Co 200. Spanish. ler crate. Us 10
L5J: cabbage uCaF-uy Maryland 400 to 60J per l00-
Cucmnbers, Florida. I.r uaskct. 2o3 90 25l
FKUTIS-Apilos. market strong. Iurl Inn -rials
pcr bbi. LOv 10 Z5gi IjeH Easis, per Obi. LI5 TO
rs: NiEesJp, per bbl, Z0 TO 20; fancy table
huit r1r bbi. 20 TO $50 Spl, p-r Dbl. 80 10 2eJ:
Grscniug per bbL 200 to 25J Loose packcd. Per bbl
ie0 TO 80. GIapc fruit 80 TO L0J Per box: ia
msica $50 per bbL Florida oranges SO to 80 box
California nagel: 5.2j 30 375 CrauJc1Ies so 10
3O3 box Grapes. pcr basket. y TO Is. Bananas. 50
to Is busch. Malaga grapss, so TO S05 keg
Lemons S25 to SO.
DRIED FRUiTS-Bocoipts light and market firm
Apples. sliced. fancy az 90 3; do. sliced bright
10 i4 cherries y TO "a whoItlcberries, 10 II;
uspberries, % TO q
HAY AND STRAW-TimOthy. choice. new. I55q
10 1900: No l. rev. ls.0l. no :. new. E.B0. mixed
bay 1899 = 1906 clover. 1900 LOO; straw, rye
candle, no0 TO l2e3; rye, machine thrash. SO TO
a00; wheat 725
GRAIN-Wheat. choice. 3; fair TO good 65 to 72i
oidiaty. sc to s. rye 80 20 s.; corn. shelled, new
white, 81 10 50, yellow. 81 20 s.; ear 20 90 800;
Oats Western white No 2 3 TO g E,ived. IS 10 g.
WOOL AND HIDES-Wool, washed, zee IF buTs,
The Washington herald., 1907-01-12
NEW YORK PRODUCE.

New York. Jan. H--STGAR-Market nominally
steady but quiet; refined sugar was inactive. but
without noteworthy change
BUTTER Receipts. 40l0 packages; market sJeady
creamery quoted al g.
EGGS Receipts, s7I2 cases; market STEADY. West
eFu frs-s az 3.
NAVAL STORES -St0czs rosn. 305i hbls; spirits
turTeufne 79 bbls. tar. 30 h1is. Spirits tUr
ueutins firm. unchanged. a. 52ie. machine made
barrels Royin steady. at Is to 80 for common %
good strained Tar iIm. at 6-35a6.2j for oil barrels.
MILL fEED-ST0user; spring bran. IN lJ0ib-
sacks. 20, middiings, 2ls0; city bran. Zl-00;
Western red dog. El5.
FLOUR-Modegate inquiry, spring patents. Ai9a
40. spring clears, 350l375; winter stTaights. 3sal
$50: winter c,ears aaa5z5: Kansas. II sacks. pat
euts S-5a410; straight. 55oaS60, clear. 2s)a3-33-
RYE FLOTR-Small trade. 5-65a42l-
CORN AfEAI.-Buslness far, supply small. kiln
dried for export Z65aZ7Q, coarse meal. bags. Los
BTCKWHEAT FLOJ R-Slow trade. 2t Zl5aZZ0
HAT-Fium. fair business receipts. 7s0 tons;
prime. LIS. No. J. Ll3; No. ., L9aL05; No. 3
S7aa5
STRAW-Stroug; light supply; long re. 70as1
BEEF-Demand moderate. family, lieslsoG
packet 575all.03.
FORk-Smau business mes l7-5Oais.50; family
I3 55aIe6a
TALLow-Trads quiet city quoted at 5'sa5is. u
hd-ShCads.
LARD-Firm. prime Western. 9T5; city 925;
refined continent 9s5: South American 1855. fe-
6nsl Brazilian. kegs ll65. city stcarne. 10, oeO-
ssezriBe. quiet. citg IlA; Chicago. liss-
The Washington herald., 1907-01-12
COTTON MARKET.

Quotations furnished hy Dick Bros. & Co.. mem
hers of the New YoTs and New Orleans Cotton cE-
changes Ill2 n street northwest Phones main
6i06iH
New York Jan. u.-Cotton was dun and easier
IN the Carly trading with a continuation of COM
mission house liquidation. There some b,ar
pressure fostercl by the heavy movement, and tle
market slid tf & to 3 points below last nights
closing. At this level considerable cotton was
wanted and prices recovered slowly Suinugrs TAX
iuGs. which win be made public tomorrow. should
show the absorption Of fully much cotton as
represented }y The uto-sEht. and visible supply
probably viii show the FIRST decrease since the SEA
son started. The main reliance of the bulls inst
now is the heavy consumption. and Developments
sustaining their contentious are relied upon 20 ad-
vance prices. SoUthem SPIT was quiet and Wi-
charged % l16 lower. Port receipts 5i.N1
halys against Esd last year; ntosgat f-r season.
3.1-7 l57 bales.
The Washington herald., 1907-01-12
LIVE STOCK MARKETS.

Chicago. Jan. u.-CATTLE-ReceiVts. $500 estl-
mated for Saturday. go; market steady prime
beeyes. 6I0a7I5 poor to medium 42la5-5o; stocsers
ard feeders 253ai75; COWS and heifers. 2-75a5-25:
Gamers. l50a255. Westerns. 35la5io; Texans. Lo0a
AG
HoGS-Reoeipts. 5lOo9, estimated for Saturday.
. oO0: market lower. light. 5-25a6 ga. roughs.
6e9a5.55, mixed 6.ioa5s5; heavy, e-45a675; pigs,
575aC1
SHEEP-Beceiptz. ZOO. estimated for saturday.
5000, market steaiF- native sheep. &25a553; Wes--
ern sheep 351al59. native lan1s. i55a775: Western
lami> 4o5aI.55.
New York Jan U.-CATTLE- Receipts 1898;
-r1d steers steady ctrice heavy firm steers. 5.09a
620 oxen. A5oa5o). mixed cat-le. 800. bulls, s25a
llo. extra fat. do. as; COWS. L65aLl0
CALvES-BccCipJs. 5000. feeling firm medium
ve.ls. 5; dressed calves FIRM. city dressed Teals.
salrz JET IT,. fancy. G0. Is country dressed falls.
SHEEP AND LAMBS- Receipts. 800; sheep
quiet but steady; lambs slow ard barely steady
common sheep. AZ; yeaIngs, 5o0a56o; lambs, IS =
a3-z5. cIIls. soc
HOGS Receipts. s5-0; nominaIly higher: heavy
10 light. pigs included quotablc at 6-s0a7-5.
PirtsburE. Pa. Jan. lL-CATTLE-Rccvipts light
aud market stead.. Choice 5s0a5I0 10. prime 551a
57J: sood 5l5a5 %, steady butchers 45la5lO fair.
il0ai56; common. 353.i1l; choice heifers i.25al59
common to isir hoifsrs, 21ai0); bulls. 259ai0; tat
cows 2Glai09; coed fresh and springers, Z50Ja
Nc5: common to fair. l653a200).
SHEEP AND LAMBS supply light AMI market
steady. Prime. 56a5I5; good naked. 5.25a550 faIT
mixed i75a12). CIils and common. 200a3Go; lambs,
55as 90; veal calves, S5a900 heavy and thin, 459s
$50
HOGS-ReceUts. y double-dcckeTs; market fairly
active on g50d grades Prime heavy. go; medium
ard heavy Yorlers SIS; light Workers and pigs.
6.,5aeS0: ToUghs. 5.Ooa6O9: stays. aG1aAT5.
East Buffalo Y Y. Jan. u.-CATTLE- Receipts.
IS head market active and strong
VEAL CALVES Receipts GO head trade active
?. higher Top veaB. l0O0slo25. fair 10 good. IS,
light yealS s0oaS5l. heavy calves. J75l6,5
SHEEP AND LANBS-Recgipts Is 3c) head. mar
ket active aud steady. Choice lambs 7s5aS01, clllS
90 fair 55a7-75: yearlings 625a6s5; wethers. 5i0a
SIS. ewes 5OGa5.25; mixed sheep 50oa5.5o; Gull
sheep. 2..5a4 -.
HOGS-Rcceipts. $500 head: market active; 10 %
IS cents higher. Workers. 690s695; pigs. 695a7.o0;
mixed packing go, heavy grades 6s5a6.90; roughs,
B. 15a6. Is, stays. A51a595
The Washington herald., 1907-01-12
WASHINGTON STOCK MARKET,

Sales Regular call z O'Clock noon.
Washington Gas cert. 40 at Ill
Washington Railway and Electric Is. Sl.0)l at So.
Washington Railway and Electric common. 50 40
i)7s 5 at f1z
Washington Gas. at 81. 10 at 81. 2 at 81, at 81,
3 az 56s.
Mitchell Mining 100 at s..
National City Bank. 70 at llo-
Metropolitan National Bank at go.
Security Storage. at l5S
After call-Norfolk and Washington Steamboat Js-
200 at I95A
Washington Gas cert. $50 at IL.
Washington Railway ard Electric preferred, al
65iz.
gorrection-Sales reported Yesterday OF 800 Ian
ston at lp4 should have been 1874.
Tire following are the closing quotations on yes
terdays local exchauBe:
The Washington herald., 1907-01-12
NEW YORK MONEY!.

New York. Jan. 1l.-Money on call at the stock
exchange to-day opened az 81 per cent; highest 81
lowest. T. closing ~ per cent. Most of the loans
were at 81 per cent. Time money unchanged and
fair sized business WIS done The rate was 6 pCr
cent for all periods from thirty DAYS 10 six months
Mercantile paper came into the market with scme
freedom The local demand was rather apathetic
but other ceuters took paper moderatcly Rates: Ga
6iz per cent for sixty and ninety days ind0rsed
bills receivable; 6s6iz per cent for four and six
months. single names; 5a7 per cent for CtasTs
Sterling today advanced % points 10 A6ioOas Sl9j
for demand out closed at m0dgrate case IN rates
from the days highest level Rates fer actual bls-
ncss closed follows. Sixty DAYS 4s9i5ai $3.50. Ce
mand, 4siS0as s45i. cables sS56ja4s57a CONNER
c;al bills wer> 47sTsa4sal4 Tie supply Of cotton
bills vas quite good
The Washington herald., 1907-01-12
LOCAL FINANCIAL GOSSIP.

After much auctioneering. and when his
voice had grown tired with the effort to
interest the talent In the regular call,
Stock Exchange, remarked yesterday
soto voce: This bunch must thiak they
are at "A Quaker funeral" That remark
was gauge Of the business done, which
was next TO none at al.
y few bonds were sold netting S2020,
and rs shares Of stock. one OF the small
est volumes of trading recorded this
year. Scraps of Washington Gas brought
81 and lower. and one trade each in some
half dozen securities finished the days
work.
The directors Of the Realty and Ap-
praisal Agency company have declared a
semi-annual dividend Of per cent, pay
able January lg
The officers of Riggs Bank elected
Thursday are: Presideur, t-..,.E!e= ..
Glover; vice presidents. Milton Z. Allies.
William J. FIather. and Arthur T. Brice;
cashier, Henry II. Flather.
The directors of the Washington Loan
and Trust Company yesterday elected
officers as follows: John Joy Edison. presi-
dent: John \. Swope, vice president; Ellis
Spear, second vice president. Andrew
Parker, treasurer; Harry 9. Meem. as
slstant treasurer; Boyd Taylor, assistant
treasurer; Thomas Bradley real estaB
officer; Fred Eichelbcrger, rust officer;
John y. LaTner, general counsel
The Washington herald., 1907-01-12

was entertained a week ago. 1t was said
on apparently good authority that an IN
fuential section Of the Standard Oil party
had recently taken Il very builish atl-
tude not only on the stock OF the Anal
gamated Company itself, but on all Anal
gamated interests.
Estimates of the weeks currency move
ments indicated a gain by the banks Of
Sl1,0O0,O00. and as there has been little in
the way Of bull speculation during the
week. the street Is inclined 10 look for a
good bank statement, although most
trades think il OF little consequence, as
the railroads will scoop up all this
money just as fast as 1t accumulates.
Observers Of the market position Of
Union Pacific say there is no doubt that
a short interest of considerable proper
tions now exists in the stock. Apparently
there has been selling on the expectation
that the resumption of the Interstate
commerce investigation in this city
would bring out some damaging testi-
mony, but while this may prove to be the
case, as the hearing viii not be resumed
until about the end Of February, there IS
plenty Of time. so it is argued. for a
squeeze for. shorts. The testimony of op-
Grating officials to be taken on the Pacific
Coast IS not expected to bring forth any
thing of real market interest.
IT the Pennsylvania announcement was
designed TO promote the growth of u
shor! interest in the market it could
hardly have been better timed 10 effect
this purpose
The Washington herald., 1907-01-12
Bank Employees Accounts short.

Cincinnati. Ohio. Jan. n--CIarence Z.
Turner. secretary and treasurer of the
Norwood Savings Bank and Trust Com
pany. since merged into the Norwood Ma
tiOnal Ba-k. has admitted to the diTeC-
tors of his former bank that ne is short
$500 in his accounts. He says it was a
technical error in bookkeeping which
started the shortage, which was contin-
Ued on the books.
The Washington herald., 1907-01-12
New Orleans.
spot Markets.
EIectric Cnr Us Wreeked.

Cleveland. Ohio. Jan. ia big bag
gage car on the Lake Shore Electric
Railway. on its way from Cleveland To
Toledo. jumped the track in Rocky River,
short distance from the bridge over tie
valley. and crashed into a telegraph pole
The front vestibulc Of the car was badly
wrecked and the telegraph pole was
broken and splintered. The mOtormau,
conductor, and baggaseman of the car
were badly bruised.
The Washington herald., 1907-01-12

per ID. 30 20 81 Wool unwashed. free of burs. ser
h, z TO .: Wool, bury. pa 10. . 20 =: hates.
green. per H. y: dry. per lb. l5 TO j; sheep
skins green each &c to IO9 sheep skins. dr.. each.
3 10 IS: calf skins green EACH LOO % I'D; musk
rat each. 29: do. black each q do. kits. each,
8: skunk each. . tc 80: mink. each IS 10 s-09;
rabbit skins. each / TO i1s 0p0ssum. each 10 to
q; saccoon. each. 25 10 90 fox red. each. L0e 70
250; do gray each 50 20 Is.
The Washington herald., 1907-01-12

New York. Jan. I--WHLAT-SjTongeT; checking
trade. No. l. Northern Duluth. 20 arrive lake and
raiU ovef May f. % d.; No. J. Northern Mani
toba SjZ T. %. b.. No ?. Northern Manitoba. So.
f. o. b.: Nc . red. T. o. b. SlA; No p hard.
T. o. b.. ls. over Niay: No ]. macaroni 1sls f. O. b.
Na . macaroni 76. Exporters took Y loads.
CORN-Suonger: checking trade; No. 2. elevator.
q: No 9 new So T. %. b.. 70 Q yellow new
5Gl.: No. ? T. O. D.. late January. 497s. No. ?
T. q. L.. February March. 39H: No . f. o. b..
April. 5DZ: 10 . white. new 5JA f. o. b. Ex
urters took Is loads.
OATS-siaiket dull; elevator prices: No .. white.
Al: No. 2 white. Dlz Ne. .. mixed. ..
The prices for futures follow,
The Washington herald., 1907-01-12
LIZ e 3 snsnr %.

Reports received here from Cuba indi-
cate that the sugar output for this season
viii be greater than that of any previous
year. The total production is estimated
.at 100000 tons. The highest previous crop
was 1,lo0.0C0 tons
The Washington herald., 1907-01-12

a further advance in the price Of the
metal and the oJt1Urst of bullish specu-
lation in the Boston coppers helped Anal
gamated in the afternoon. and there was
a revival of the optimistic rumOr regard
ing the coming dividend declaration that
The Washington herald., 1907-01-12
BosT6S STOCKS.

Quotations furnished by +. T. Chapman & Co
mtmbers New York Stock Exchange lgJl + street
northwest G. Bowie CEiDnan manager
The Washington herald., 1907-01-12
The Safest investments

Are those that DO not depend upon the
financial resr1r-fi-i-v ~ fbs sfsfsiitv ~
cry individual ur clulrari1n FIRST fas5s
nl frls. iulCrfCaEeI notes llderaiIr secured
On good real estate iu -he District Of Co
ll-Epla constitute El.t-edEa' investments
ut-e are tle only KIND Ee make and SUD
ry TO investors. They bear interest. nav
alil seIl.lEuually- az the rate u fiss
per cent per auuuw and may ~ had of
ITS On amounts from $50 and inward ~
Tar and accrued interest send Tor book
-. : -lnuceruIlE Llar. and InHe-tmeuts-. >.
The Washington herald., 1907-01-12
NEW YORK STOCK MARKET.

Quotations furnished by Charles e. Gates & Co.
members New YORK Stock Exchange. MuHsey Building
Closing
The Washington herald., 1907-01-12
CURB MARKET.

Quotations are furnished by r. 'G. Chapman & 90.
meEbers New YORK stock Exclauee I5JI 4 street
northwest G. Bowie Chapman manager
The Washington herald., 1907-01-12
WASHINGTON CATTLE MARKET.

Market remains unchanged
CATTLE-Extra, 500 pr cut; butchers. 100:
ordinary Z5J 10 500.
HOGs-Per cut-. gross 625 to $50; ordinary, $50
10 500.
sHEEP-CIiuped. f00; medium, SO 70 275; con-
mon 200 TO 500
LAAIBS-Pc pound. snrins choice. z: medium.
6 10 Z.
cALYEs-Pcr pound. PRIME 6 to 81; medium.
to s; grass, % ~.
COWS-Each. prime. 900 70 500; common, 1'0s
70 500: old and dry. S.O00 TO 1000.
The Washington herald., 1907-01-12
Washington
Loan & Trust Co.
OFFICE COR. gTH AND F SITS.
PAID-UP CAPITAL, sI.0lo. 200.
SURPLUS, $4,000 EARNED"

Loans IN any amount made or approved real
estate Or cluateral al reasonable r4Lgs-
Interest pad upon deposits % monthly bal
ances subject 90 check
Tins company acts as CUr1r aduiuistrs-
toT, trustee, agcnt. trea ,uTeT. registrar and in
all other rduclary Capaciiies-
Boxes for rent in burglar and rrrU-o7f vaulfs
Tor safe deposit and s-C-lge Of raluab.s Lack
ages
Real Estate Department is prepared 70 as
sumo the management Of your real state
Careful attention given to al details.
The Washington herald., 1907-01-12
GRAIN MARKETS.

Quotations furnished BY Charles C.. Gates & Co.
members Chicago Board Of Trade. Aiunsey Building.
CEtfeuun
The Washington herald., 1907-01-12

Benjamin Woodruff. of Post d Flagg-
This mornings papers contained the
astonishing statement that tie PennsyI-
vauia read was about 10 issue SlJ9o00. o09
new stock and 800. 0o5.o10 new bonds with
out any explanation Of what the securities
were To be used for. The natural infer
euce taken by the street was that these
new issues were a continuance Of re-
quircments for construction work Later.
however it became known that the
money proposed 20 be raised was not for
construction. but 70 pay off already exist
ing obligations. such as notes. &c. as they
fall due from time To time This develop
ment regarding Pennsylvania was the all
absorbing topic. and the whole market
followed closely in touch with If. At
first prices We're very weak. but the
situation became better understood prices
rallied sharply. TIE banks have gained
somewhere around SIl.g0.mo In cash this
week. and the bank statement viii un-
doubtedly be favorable This viii proba-
bly, result in a further hardening in
values"
The Washington herald., 1907-01-12
OpinIons on the New York NnrI,et.

Thomas J.. Hume, president Washing
ton Stock Exchange-"The proposed ac-
ton Of the Pennsylvania Railroad direc-
tors TO issue 500 0O0,o1O new securities
thoroughly unsettled the market. blasted
bullish hopes. and evinced the utter hope
lessness Of attempting 10 sustain prices
az this level The launching Of this
amount OF securities on a market already
thoroughly congested and under prevail
Ing money conditions fails TO increase. or
encourage bulIish enthusiasm. Conditions
are sorely aggravated, and "a material ad-
vance Of prices would be neither healthy
nor lasting
The Washington herald., 1907-01-12

C.. Bowie Chipman. of Z. r. Chapman
e Co--"The first trades left 10 ques-
ton as 10 how the street received the an
nouncement of Pennsylvania stock in
crease. Opening transactions were made
at losses from 1 70 3 per cent Nor did
particular weakness develop in any one
group almost the entire list regardless
Cf values, sharing In the decline The
bank statement should Doe favorable the
banks having gained on The known move
ments Of money S11,50g0o. II would not
be surprising did to-night's strength cX-
tend into to-m1Trow's session. although
confidence is badly shaken. and the ad-
vance viii have 90 prove its strength by
its lasting qualities
The Washington herald., 1907-01-12

Herbert L. Jones Of Charles G. Gates
i& Co.-"The Pennsylvania new stock is
sue has upset, momentarily at least the
calculations Of most Of those not fortu-
nate enough 10 be insiders. but feel sure
that when the fun details are made pub
lie it viii be found that the new issue is
contemplated for the purposes which will
prove advantageous 90 the property and
its stockholders. 7 believe good stocks
are "a purchase on the decline, but profits
should be taken on the rallies. The
weeks bank statement should be more
favorable"
5. u. Aguew, Of Henry CIews & Co
"Thc contemplated large issue Of stock
and bonds by the Pennsylvania Railroad
Company is looked upon unfavorably
beth at home and abroad The clquss
viii find ii hard work TO bun their spe-
ciaIues In face of such news. II also pre-
ciudes the idea Of easy money rates for
some time to come. The bad break in
prices in the early morning hours pre-
vented foreigners from disposing of con
siderable long stocks which they intend
ed 20 market. Commission houses were
the principal sellers the only support
coming from inside interests 70 prevent a
too great decline. The bank statement
promises o. De fairly good. 7 look for a
little further advance from closing prices
on short covering