davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1907-11-27
COTTON MARKET.

Quotations furnished by Miller &c Co., members Of
the New York Stock and Cotton exchanges and the
New Orleans Cot,on Excha1ge. l333 + street north
vest
New York Nov. 8-The market was dun with a
slightly higher tendency early hut prices held their
own and began TO work up as the day advanced.
Although there signs Of more OF less pyofcs-
siOnal interference. the feeling improved cn biz
buying BY Wall street houses, which seemed TO be
largely for long accounts and shorts quick 10
wheel into line The semi-Seekly figures were % OOgl
bales behind last weeks figures Of 81 900 and s. oO
behind last Years figures Cf ~ 900. members of the
local board having average estimate for ~rop Of
II, ,593 600 bales. Students Of statistics especially
persons interested in the Liverpool trade were show
ing greater disposition 10 take the bull side at the
moment being influenced hy the possibility Of a
bureau report Cf startlingy bullish character II
VIII require few DAYS 70 determine whether the
higher tendency shown to-day is 10 be continued.
There is undoubtedly large short interest 10 be
reckoned with and in the absence Of any dis1uiet-
ing news from Wall street and bullsh statistics
tht market may Temporarily show strength.
Liverpool due about points higher
The Washington herald., 1907-11-27
MARKET MORE BRISK
Local Stocks Take Sudden
Turn for the Better.
BROKERS IN BUYING MOOD
Business Confined LarEeIy'to Public
Utility Bonds and StOcks-CnPitaI
Traction IS and HALLWAY Preferred
the Features-Priccs Advance Frac-
tionRIIy-Other Financial Gossip.

Business on the Washington stock EN-
change yesterday took sudden turn FOR
the better, and when the record closed,
something like old-style vim and vigor
had been infused into the locG! market.
There was not only more business than
usual but at advancing prices. the best
evidence of awakening interest in specu-
Iation.
The change between yesterday and the
order Of things that has prevailed for the
past four weeks is best Illustrated by
comparison Of the record yesterday and
OF the previous session. on Monday the
record showed $1,000 in bonds and 1876
shares in stock. 100 Of which made up
an option in I.anston. Yesterday s. $50
in bonds We're sold and AS shares of
stock. all Of which was actual trading.
When the brokers gathered yesterday
there was an air Of business about the
exchange at once. They had just come
from their tickers. which announced
better market in New York with call
money down 20 per cent. and specu-
lators getting an they wanted at that
rate. This was 20 the local brokers d
significant sign that the tide has turned.
and they fell upon the market. buying
bonds. the public utility shares and Me--
genthaler with a vim. and that. too. with
cut haggling on prices the way they have
gone in the past.
Capital TranctiOn Bonds Firm.
Effort was made 10 get Capital Traction
IS AT less than 10. and 500 OF them went
under the hammer in short order. Then
a small bargain in Washington Railway
and Electric IS was picked up.
Capital Traction was attacked AT Is.
and while the sales were mostly in frag-
men;s. the price held. one lot Of twenty
shares being taken at the Offering OF
l2f 81
President Hume of the exchange.
showed a determination TO take on all
The Washington Railway and Electric pre-
ferred he could lay his hands upon, and
it was given 20 him IN all kinds Of lots.
up 20 10 shares al % IL
Then came sales OF Mergenthaler AT lN
up TO lS> l.. until f2 shares had been
disposed Of The other trades We're ID
shares OF Greene-Canauea at 5l-2. and
l0a shares Of Mitchell az 9-ls.
Better Than the actual figures Of the
transactions was the confident tone OF
business. indicating that the brokers had
made up their minds that temporarily,
at least. the deadlock between buyer and
seller had been broken. and that the mem
bers of the exchange were out after
stocks al the lowest prices.
The Washington herald., 1907-11-27
NEW YORK MONEY.

New YORK. Nov. G.--Moncy on call at tho stock
exchange opened to-day az pCr cent: highest F.:
lowest. 8; closing. > Most Of the loans were at Z
ler cent.
Time money was unchanged. except that a little
more was offered than heretofore. But there was
rapid absorption ~ the amounts offered Rates
quoted wero I2alj ror for sixty % ninety DAYS
per cent for six months. the latter quotations
being largely nominal The day, business Was
largely for sixty days, az L Ter cent.
Mercantile paper very inactive \ sale here
and there Of small amount practically constituted
the business done. but the outlook for revival of
business in the near future was somewhat more
hopeful. Rates were nCminally TO 10 per cent
Sterling closed with a net advance Of i4c to-day.
/, after early decline Of izc. Rates for actual
business were follows: Sixty days 479a4 VS. .
demand 4.8650a4s655 cables. ASA. ssi.
Conmcrcial bills were A15isaf sos The SippIv Of
cotton bills was good
The Washington herald., 1907-11-27
BALTIMORE PRODUCE MARKET

Baltimore. Nov 8 Following are the prices
quoted at tlr lrir-iral commission houses
DRESSED POULTRY NrUag chIckens. Per To-.
yourc hens l5tl- duck choice fat, l5 geese, near
ty. IlaIG
BJTTER-CrCamCy. fancy. per To-. 2si29, ir'ita-
tion. 2IaS. Maryland and Pennsylvania roilS lsa23
-tCre-Qackcd. Ohio. Is do. West Virginia. IS
Maryland. Virginia anc Pennsylvania. lsa-l
EGGS-Maryllrd, TeHUsy iyauia, and nearby firsts
Id-s Of Oar dozen. CIl3l
LIVE PoJLTEY- hons heavy. uer To-. loalI
vcurE ual3. roo~tcrs. each. S15a- ducks. puddle
large, Il do. snail. 70; DO. Musc0yy and mongrel
70; turkeys young, rs. and over. Balls. de-. old.
Bale
The Washington herald., 1907-11-27

London, Nov. 25.-Geofrey Duveen. sor
Of the head of the art firm OF Duveer
Bros. of London and New York, was
married at the Central Synagogue. in this
city. yesterday to Ethel Lewis. daughter
OF Isaac Lewis. OF Lewis & Marks. South
African mining magnates. BY this cere-
mOny two OF the wealthiest Hebrew fami-
lies in England are united.
The Washington herald., 1907-11-27
WASHINGTON CATTLE MARKET.

CATTLE-Ex,ra, per ewt.. LOcsi.50i butcher. zsa
80: common L50a200
So.
SHEEP-Clipped. 4-o0: common. go.
LAMBS-Sprins. choice. II; medium. 6iza7
CALV ES-Prme. per h.. s., medium. 7a7is grass
ia4k
COWS-Prime, fresh, each. aO.OOaS2. %; common
2O.OOa3OOO. old and dgy. s0oal0GO.
The Washington herald., 1907-11-27

New York Nov 26.-The traders did
rot know how 10 treat the story from
Paris that the Bank Of France had in
its vaults S6O.OOO,0OO in American eagles.
and that II conditions here required such
relief the whole amount would be shipped
TO New York. They AT first inclined to
classify II as a beautiful dream, but on
reflection thought they had better assign
il temporarily to the important. II true.
class until further investigation enabled
them to dispose Of II permanently.
In banking circles serious doubt was
expressed as 10 whether the Bank Of
France holds as much as S6O,O00.0CO in
American eagles. As a rule. bankers re-
garded it as possible, but by no means
probable. that such was the case.
Its possibility. however. had to be ad-
mitted in view OF the fact that the Bank
OF France keeps a stock Of gold Of be
tween S5OOO0O,Ol0 and $500 900 000. so that
SEQ. 100000 of American eagles would not
represent more than about 10 per cent
OF the institutions total supply OF the
metal
4 factor in the case is that American
gold coin Is not treated in Paris as sum
marily as European coin. whore il is
| thrown into the melting pot as soon as it
reaches one of Uncle Sans assay Offices
but on the contrary is retained in its
regular shape because in this way II
commands a better price for export 20
the United States.
| But after all is said. the probability
/ is that America shall have 20 worry
along without getting S60OC0.000 from
/ Paris. and there is the even less con-
/ solng reflection that the nominal en-
] gagements made everywhere since the
l present import movement began a month
/ ago must be scaled down very materially
/ II one IS 10 avoid having an altogether
| exaggerated idea Of the amount of the
metal that is now headed toward th.s
/ country. Nominally. the announced en-
! gagements have reached the .OtaI OF
| about S9S10o00. Actually they are prob
ably little more than S15,oooooo.
What Wall street is likely TO consider
/ hereafter as the main point in the finan-
cial situation is not the amount OF gold
/ that has already been engaged or The
/ further amount that may yet be ar
ranged for but the extent TO which re-
/
/ the present healthful tendencies may con-
| tinue- Call money continued % work IN
I the direction Of greater ease. each sue
! ceeding day showing Improvement
J Reading and Union Pacific were the
/ leaders on the advance to-day BoJt
! seemed 10 be helped TO a considerable
| extent by the short interest which. bcinG
/ large and scattered. soon became de
moralized in a wild rush 10 cover. There
/ was no news on either stock
| Even the bears were forced 10 admir-,
/ the financial ability Of the management
of the steel corporation as exemplihe,
/ In the purchase a the low prices re-
! Gently prevailing Of considerable
/ amount Of the sinking fund bonds giver
! in exchange for Tennessee Coal and IrOr
| stock That the steel corporation was
| able 10 do so testified to the more thar
| adequacy Of its working capital. while
Of course there was no denying the ad
| vantage OF buying the bonds IN the mar
ket at about p, and turning them Ovel
| at the equivalent of s..
The Washington herald., 1907-11-27
WASHINGTON STOCK MARKET

sales-ReguIar call u O'Clock noon.
Capital Traction s.. S2O0 az 10, 500 at no SlVW
NJ 10, 81 600 az 10.
Washington Railway and Electric A. Sloo0 at 81.
Capital Traction. 10 at Is. at i5. % al lH7..
le at l25
Washington Railway and Electric preferred. 10
az -is 10 at .62 at -e2iz. 10 at 62is. at -e2'a,
50 al '62k al s62is az 's2iz. 10 at SPA. 100 AZ
e2iz at 62iE
Merscntbaicr. 10 at 1855 at lss. le at lss. 10 at
lesi4 10 At lSsia
Greene Canauea. 80 at 81.
Mitchell Mining 100 at SIS.
Following the closing quotations on yesterday
The Washington herald., 1907-11-27
GRAIN AND PROVISIONS.

Quotations furnished by Miller & Co. members
Of the New York Stock Exchange and the Chicago
Board a Trade, 1883 + street northwest.
Chicago. Nov 2S.-Thr wheat market Uiud strong
throughout rather duh session. Prices opened
within fraction of Mondays close and crcpt stead
iy upward. closing az advance ~ about ia CENTS
The cash wheat situation shows the improvement
forccasted Yesterday. Easier money ntcs In New
York, as vel in Chicago. are calculated. how
ever. 20 loosen the situation materially. We DO not
favor the long side ~ wheat N these rcr, but aUr
inclined 90 believe that the market for the next few
DAYS viii be largely a 'srtipirg proposition
Com strong from the start The numerous
shorts appeared anxious 10 cover and there a.
marked Improvement in the cash demand Deem
bCr shorts quite nCuoUs on acccunt a. the
strong demand by the bulls for that option Cash
corn in sample market was = cent higher and the
demand WAS in excess Ot the supply The strength
IN wheat and covering by December shorts resulted
IN a healthy reaction III May.
Oats followed the ether grains and the trade was
somewhat lCrTtUS The market showed considerable
activity than heretcf0Je The leading local long
bought Of the May option TO-DAY. which fright
ened the shorts Estimated Tomorrow g3 cars
The Washington herald., 1907-11-27
COL. BRAMHALL DEAD.
Author of Books on Civil War and
Companion of FnrrnEut.

san Francisco. Nov. 26-CoI Frank J.
Bramhall. author Of several books on the
civil war. companion Of Admiral Farra-
gut in the memorable run past the forts
on the Mississippi. died Sunday night at
Fair Oaks. near Sacramento.
After his seTivca with Farragut Col
Bramhall was active in West Virginia as
a government officer, capturing and break
ing up mOonshiner gangs engaged in the
manufacture OF Illicit whisky. He was Il
native Of Albany. y. Y. aged sixty years.
The Washington herald., 1907-11-27

New York. Nov. 3.-wHEAT- Higher: fair trade
No Northern Duluth. 20 arrive. ll77s: No rcd.
T. o. b. Los; No. ?. hard (. @ b., lO9i2: No, 1
macaToni. lO3. T. o. b.; No. . macaroui lO2. No
] Manitoba. liz. f. o. b.; No. ? Manitoba Ll6
Exporters took % loads
CC--.-Strong: fair inquiry. No , elevator
6j7S, No :. T. O. b. 65@4. for early December: No.
. yellow T. O. b. G3z4 No. white 661. T. o. b..
fer carly December. Exporters took 70 loads
RYE-Steady; slow trade No quoted at 81
Z O. b.
OATS-Fim hut irregular. Elevator prices: No
3. white 50. No. g. 52i,; 40. mixed 5O'3
The nrices for futures follow.
The Washington herald., 1907-11-27
FELTON, LEAVES THE ALTON.
President Of Western Road Goes to
the Mexican Central.

Chicago. Nov. 26.-Reports Of the cleo
ton of :. NJ. FELTON, to the presidency
OF the Mexican Central Railroad and his
as president OF the Chicago
and Alton was confirmed here late to-
day by ". q. Leerch. his secretary.
Mr.. FELTON, has been with the Alton
since 1859. coming here from the presi-
dcnCy OF the Queen and Crescent Rail
road. Before that ne was president OF
the philadelphia. Wilmington and Balti-
more Railroad
The Washington herald., 1907-11-27
Believe Man Robbed and slain.

Wiikesbarre. Pa, Nov. 2-Briicving
that he was robbed. Knocked unconscious.
and placed on the Delaware and Hudson
tracks where he WAS later run over and
killed. members Of the State cousta buIary
are to-day trying To- find the men with
whom James ZagaIa. Of Port Griffith. was
last seen on Sunday night At that time
he had large sum Of money in his
clothes
The Washington herald., 1907-11-27
NEW YORK STOCK MARKET.

Quotations furnished By Post & F1aGg members
Of the New York Stock Exchange. Benjamin Wood
run manager 1851 + street northwest
sales 80 noon .......-. 245,0sS shares
Total SnIex -..--..--.- 42S,6OO shares
Call money, II, 3; low, 3; close, 3
The Washington herald., 1907-11-27
COMMENT ON MARhET.

George L. Edmunds. Of Miller & Co
After some liquidation in the first hour
the market became strong and rose quite
sharply on enormous offerings Of call
money az the lowest rates seen in months
The specialist had a large selling order
in Smelters early. thought 10 be some tail
end liquidation of collateral in a loan
one OF the arguments most used on the
rally was the willingness of France To
loan us gold. though / cannot see. with
monetary conditions steadily improving.
other than that the Importance of this
factor rs exaggerated Indubitable signs
multiply that confidence is again quickly
returning. Stocks are selling further be
low their intrinsic value now than at any
time ia a decade and 7 maintain. that. an
thing considered. nothing but the bull po-
siti0n is the tenable one
g. Bowie Chapman. Of Z. r Chapman
& Co.-"The course OF prices to-day was
a complete reversal Of yesterday. The
first transactions were made slightly
above the closing. and from that time
until o'clock the market advanced al
most steadily Particular strength was
noticeable IN Union Pacific. the Hin
stocks. Reading. Copper. Smeiters, and
the Steels. The tone WAS strong. and
even IN the final Few minutes stocks were
i'm good demand IL seemed that in the
morning the insiders bought few or the
leaders. and this started a short covering
movement which increased as the session
lenCthened. General conditions also show
ed some Improvement Premium on cur
rency seemed inclined to decline toward
lower figures. and the rate FOR call loans
was more nearly normal than for some
weeks. Renewing rate was per cent.
and new loans We're made from : per cent
down tc per cent. The question as 10
the total amount of the government 3
per cent certificates 90 he issued is still
undecided. and nothing positive seems 10
be known as TO the direct shipments of
gold from Paris-Jhat IS, other than lin
tied amounts"
Benz. Woodruff, Of Post & Flagg-"The
market closed weak last night. and opened
lower this morning there being a certain
amount Of liquidation and a good deal Of
bear selling. Toward noon. the effect OF
the enormous amount Of gold received here
in the past few days through import be
gan to be shown IN the call money mar
ket. and this, with the withdrawal of some
the large selling orders which had been in
evidence earlier in the day. caused a sub
stantial rally. Many persons have been
helped through in the past few weeks by
friends relatives, and by some OF our
large financial institutions. and stocks
which have been protected in Chis way
will be sold gradually on rallies. Cash
buying in the past month has been some
thing unprecedented, and this must tell
in the long run, as il makes a scarcity
Of the floating supply. and Of late | be
lieve that absorption Of securities in this
manner has exceeded in volume those pat
out through actual liquidation. Neverthe-
less, we can have only moderate rallies
for the time being. and nothing in the ma
ture OF bull market can be hoped for un-
til affairs are cleared up"
The Washington herald., 1907-11-27
CURB MARKET.

Quotations are furnished by r. r. CHAIRMAN &
Co.. members New York stock Exchange G. Bowie
Chpman. manager. 1901 L street northwest
The Washington herald., 1907-11-27
Currency still at Premium.

The premium on currency. which to-day
was about the same as il was yester-
day. is almost wholly maintained
through the persistent bidding Of Western
institutions for funds.
Evidences accumulated to-day that the
government. by. which is meant In this
instance the President of the United
States specifically. was hedging as rap
idly as It could in its hastily considered
plan of issuing 3 per cent certificates OF
Indebtedness, and it IS plain that the
quantity OF these certificates will be held
down to the smallest possible minimum.
As time goes on, people IN the financial
district will be greatly interested 20 dis
cover the names Of the banker and bank
ors with whom Mr. Roosevelt consulted
concerning this extraordinary project. and
many people are wondering whether It
may not he found that those who ad-
vised the President to take this step We're
more interested in financial exigencies
ON the other side Of the Atlantic than in
this country.
The Washington herald., 1907-11-27
BOSTON STOCKS.

Quotations arc furnished iy T r. CHAIRMAN &
Io members New York Stock Exchange, G.. Bowie
Chipman. manager 1901 L street northwest
The Washington herald., 1907-11-27
MINING STOCKS.

Quotations are furnished by Irving X Harrington
4 20. members Of the New York Produce Exchange
Frank G. hingsand. manager, Hibbs Building
The Washington herald., 1907-11-27
WALL STREET NOTES
Reported that France Has
S6O,OOO,0OO Gold Eagles.
BANKING CIRCLES INTERESTED

American Coin Not Treated as Euro
pean Gold, and Eagles Are Not
Pacific Were the Leaders OF the
Advance-SteeI shows Strength.
The Washington herald., 1907-11-27
Final Prices Highest.

In the closing hour this buying was
rapidly conducted and final prices Of
stocks were i'm almost all instances at
the highest OF the day. and at such levels
as TO show gains running over two points
IN such active stocks as Union Pacific.
Reading, Northern Pacific. Great North
Nern preferred, Pennsylvania. and the like.
An exception to the days general
strength was the Missouri Pacific shares.
which, although they closed at small net
gains, were most Of the time under such
decided pressure as betokened urgent
liquidation.
Although there is relative case here and
at several Western points, a strain re-
GUiring careful and prudent handling has
arisen in other interior cities. II is very
well known that the conference held in
Chicago on Sunday between representa-
tlves OF banking institutions in this city.
I Chicago. St Louis, and Kansas City had
reference not. as was commonly stated,
10 the discussion OF plans for a general
resumption Of cash payments. but 10 an
emergency that had arisen in a large
Western city, which is in one sense the
financial center Of the Southwestern sec
ton of the country.
What did help the stock market to-day
very decidedly was an easier working of
money rates Call loans to-day were COM
monty renewed at per cent. and many
loans were made afterward az rates CON
Rideraoly below this figure, This easier
tendency In money is unquestionably the
necessary result Of the vast influx OF
gold that has been going on
The Washington herald., 1907-11-27
GOVERNMENT BONDS.
TREASURY STATEMENT.

Reserve fund
Gold coin and bullion. a5OOoOO0O 90
Trust funds held for redemption q
outstanding notes and Certihcates-
Gold COIN. S5i2 3l2 SEQ 90
Silver f7I7260O9 20
Silver dollars Of 5553o00 %
The Washington herald., 1907-11-27
ADVANCE IN MARKET
Final Prices Show Big Gains
Over Mondays Close.
MISSOURI PACIFIC IS WEAK
Exception Found I'm the Gould Road,
Although Even Here Small Net
by Easy Working of Money Rates,
Due TO the Influx of Gold.

New York, Nov. 26.-The professional
spectators whose buying rallied the mar
ket so sharply on Saturday. and whose
selling depressed prices with almost equal
vigor yesterday, again reversed their at
tltude to-day, and bought stocks with
{ great freedom, So that the market once
more enjoyed a rise in all respects
simi,ar 10 the one at the end of last week.
Fully nine-tenths OF the dealings IN
stocks werr. according 10 competent OBJ
servation, either for the account OF the
room traders on the floor of the stock
exchange. or for the bear" operators in
the market who have for a long time
constituted the only party outside Of the
stock exchange membership taking an
interest in speculative affairs.
During the first half hour OF business
the tendency Of the market was down
ward, the standard shares reaching a
level at which practically all Of the gain
made on Saturday was lost. Then, with
out any ostensible reason, the buying in Of
contracts for the fall set in. and proceed
Cd fvtf he ,e Ha Iax
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1907-09-25
CITY SCHOOL NOTES.

Many little ones have made be-
ginning in school this year, the en-
tire enrolment of Miss Everett's
room being forty pupils.
Mrs. George Whittet, Mrs. John
son and Miss Conner were visitors
at the grade building last week.
Alma Champion was absent from
the I'd grade last week on account
Of sickness.
The sewing lessons, under the
supervision of Miss Birdsall, are in
full swing now in all the grades and
the pupils seem immensely inter-
ested in their work. 1t is reported
that the boys of the 4th and 5th
grades. if allowed, would do little
else but sew.
Though the new song books have
not yet arrived, the singing lessons
are progressing finely and the pupils
Of the grades during the period with
Miss Luebner all wear the smile
that don't come off.
The first monthly tests were given
last week.
Some of last senior class who are
going away to school have visited
the high school the past week.
The enrolment of LOG pupils in the
high school is the largest on record,
exceeding last years enrolment by
four.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1907-09-25

fair grounds the exhibits have not
only been larger and better, but the
tendency of the people in surround
ing townships to increase their en-
tries and attendance has been highly
encouraging. We confidently expect
and hope that the fair of 1907 will
show another step in advance, and
that the men behind the prosperity
of Redwood county in every line Of
effort and in every town and town
ship will be represented here, that
they will enjoy themselves and feel
repaid for coming, and will want to
come again next year.
Although the wind was trif1e
chilly yesterday, the sun was bright
and was at work for the manage
ment so as to make a more genial
temperature today and the two
following days.