davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1907-05-12

translated into law. which would be en-
tirely lmpractieable under our Constitu-
tion, and the effect of which Is 70 penal
ize savings. II the world is 10 have the
capital 90 support the increasing popnla-
ton with its increasing wants. there must
be saving, and that. experience shows, viii
only be done by the few. The many are
too fond of personal ease. This is the
weakest point IN the European system.
and there can be no question that savings
are less penalized and safer here than
there"
Regarding the outlook. the weekly let
ter of one Of the largest commission
houses in the street says;
The tide OF business stin holds. with
only here and there a quiver TO show
scme declining. We stiH look for a
slowing down, preceded by resistance on
the part Of employers to wage demands,
producing strikes, where last year instant
acquieseence in such matters was the
rule. IT is a question whether prices In
the stock market have not discounted ali
these coming events, and whether pres
eat levels, which are many points below
the high of last year. may not be about
/ the range for some time TO come. We
can only repeat that many stocks and
bonds are attractive from the investors
standpoint With the crops uncertain
/ anti corporation legislation tending TO be
| come socialistlc and confscatory, and a
/ Presidential election still ahead. a bui
market would seem Inconsistent.
Very few houses now look for anything
more than a nominal business before the
/ fall If good crops are harvested ther
there may, they say, be something doing
The bank statement made a favorable
showing and helped to sustain the mar
ket toward the close, when the evenina
up of accounts by traders might other
wise have caused a reaction. With ths
/ Improvement IN the money situation. anc
| the oversold condition Of the market
many traders felt sufficient confidence il
| the bull position to induce them to gt
/ home long Of stocks.
! The favorable statement issued by Lake
Shore for the March 81 quarter only
/ served TO make the very unsatisfactory
report put out last week by New Yorf
/ Central for the same period all the more
/ inexplicable.
The Washington herald., 1907-05-12
NEW YORK sTocK MARKET.

Quotations furnished BY a. o. Brown & Co. mem
bcTs Of the New York Stock Exchange, Munssy
Buildings
Total sales .-.... 28T 500 shares
Call moneys Higb 81 low, "a; close, 3
The Washington herald., 1907-05-12
PRICE CHANCES or THE WEEK.

Total sales, with high and low prices,
on the Washington stock Exchange for
the week ended May II. furnished by
Griffin Halstead & Co. brokers. members
Washington Stock Exchange, 1874 F
street northwest;
The Washington herald., 1907-05-12
WALL STREET NOTES
RumOr Reading Bond Issue
Is Again Started.
BULLS AID IT'S CIRCULATION
Brokers Believe Securities VIII BE
Convertible on Favorable Terms
and Hence Pat Good Construction
on Pending Issue-TfD on Union Pa
ciHc Out-GossiD and Comment.

New York, May u.-Persistent reitera-
tion Of the rumor OF pending bond issue
by Reading brought another emphatic de-
nial, but the traders insisted that the
denial was technical, and that an Official
announcement would before very long es-
tabIish this fact A curious circumstance
/ in connection with the report of prospec-
tive new financing was that the bulls on
the stock appeared to have as much TO do
with the circulation of it as had the bears.
Brokers who said they had positive in
formation that an issue of bonds would
be authorized before long. without hesita-
tion proclaimed themselves bulls on the
stock. Their theory was that the bonds
would be convertible on such terms as to
make them the medium OF rights worth
having. and as for the bonds themselves
it was predicted that they would be the
very hottest thing in the way Of a spec
uIatlve investment" that had come into
/ Wall street in many months. Nowhere,
however, was there any attempt 10 fore
/ cast the exact terms on which conversion
would be provided for. Estimates Of the
size of the, alleged issue ran as high as
Isl0OC0,000 although there was a pretty
general disposition TO regard this as too
high.
The Washington herald., 1907-05-12
PRICE CHANGES FOR THE YEAR.

Following are the bid prices for the
most active stocks and bonds on the
Washington Stock Exchange yesterday
and on the corresponding date one year
ago.
The Washington herald., 1907-05-12
CURB MARKET.

Quotations sre furnished by F. r. Chapman s.
Co members New NoFk stock Exchsngs c. BOW1a
Chipman, manager 1901 + street northwest.
The Washington herald., 1907-05-12
LOCAL FINANCIAL GOSSIP

Members Of the so-called gas poor
looked over their bank accounts yester-
day. took a potion of nerve braeer. and
went on the Washington Stock Exchange
with a confidence similar TO that carried
by the bulls in the Chicago wheat pit.
Rising prices never faxed them. They
stood 10 their guns like Gen. Kuroki's
artillery at Yalu. and bought gas stock IN
big lots ara small lots until all offerings
were cleaned from the board. In the sx-
Citement prices went Up from Gig 10 81
in a few minutes. and little Of the offer
ings could be secured for less than 63.
The pool was jubilant, and in the eX-
citement Of the occasion one of the MEM
.bers declared they would put the price up
10 leo before they were through.
This furry IN gas stock has revived all
sorts Of rumors as 70 what the Washing
ton Gaslight Company may have in store
in the way of cutting melon. These ru-
mors take the shape = an additional div
idend. TO be declared while he June roses
are in bloom. OF Of a ney bond issue 10
cover the outstanding certificates ant a
good lump Of securities beyond that, rr q
new issue Of the common stock. 10 be
doled out to the present holders az Il
basis OF large profit 10 the holders Of rec
ord on a certain date, not as yet fixed
Meanwhile the oncials OF the gas COM
pany are about as approachable as the
aew Secretary OF the Interior. ana as
voluble as the Sphinx IN telling their plans
for publication.
The strength assumed by gas stock was
shared TO some extent by other securities
yesterday on the board. Capital Traction
5s went to ll0i4. and Washington Railway
and Electric Is added a fraction 20 the
price.
Georgetown Gas. which has been Quies-
cent for many months, went on record
yesterday at 50. seemingly in sympathy
with tine stock Of its Washington neigh
bOr.
The Washington herald., 1907-05-12
NEW YORK BANK STATEMENT.
LIVE STOCK MARKETS.

Surplus Of the banks is s. 4ss22 against Sl2 S9i
500 last year. and sl6,7l25 575 two years ago.
The Washington herald., 1907-05-12

Quotations are furnished by Z r. Chapman 4
Co. mrmbeus New York stock Exchange. q. Bowie
Cl-nnan manag.L- LslI z aLcet nortnMest
The Washington herald., 1907-05-12
opinions on the New york 1Iarket.

]. r. Weed OF Dick Brothers & Co.
AT the opening prices were fracti0naIly
higher, Union Pacific opening 2. up.
Weakness developed in Snelters ana
Reading. which were sold by bearish
traders. transactions in the general list
being only moderately active. but prices
Jailed to decline materially. Later Union
Pacific developed strength and a fair re-
coverv took place in Reading. The bank
statement made a favorable showing, the
reserves increasing S1.5e9,G0A and the loan
account showing a decrease of Si4l00.04
Tho wheat market showed another ad-
vance Of about 2 cents and this caused a
check upon the market which became
dull in the last Is minutes, closing about
the best p-ice of the day"
The Washington herald., 1907-05-12

BENJAMIN Woodruff. Of Post & Flagg-
The market was quiet and 1 think would
have rallied nicely had # not been Tor
the continued reports OF cold weather
talk of heavy crop damage. and the con
sequent sharp advance in wheat For
the past ten days we have had nothing
but dIscouraging news and adverse de-
velopments Of one kind and another, but
the market has not really broken badly
and although declines have been scored
of a point or so here and there take it
all in ali. il has behaved well and prices
remain steady. This is really better shan
might reasonably be expected under the
circumstances. now that the short interest
has been decreased. / hook for a rally
next week in the better class Of stocks"
G. Bowie Chipman, of +. r. Chapman>& &
Co.-"About the same sort Of irregularity
continued in to-day's market, operations
still being confined almost entirely to
room traders. The closing prices show
quite a mixture Union Pacific the Hill
stocks and Northwest made some gains
A number of ether issues closed with
small fractional changes, generally on
the side of losses, while some Of the
leaders held about last nights prices.
fail to see any inclination to cause more
than temporary rallies and these but
limited. For the present I prefer to ad-
vocate sales on strength"
The Washington herald., 1907-05-12
BOSTON STOCKS.

Total sales. SE6000 against SI,25-coo yesterday,
] 600 a week ago. and 81 s5JOl0 year agl.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
Electric Furnace.

until 500 feet or more OF the latter has
been used, leaving about ten inches
at each end for terminals. Then set
the whole core away to dry.
For a base use a pine board ten
inches by ~ inches by one inch.
Bore four holes at one end for binding
posts, as indicated by Il. e. Connect
the holes In pairs by ordinary house
fuse wire. At one side secure two
receptacles, b b, and one single post
switch, C. Place another switch at I
and another binding post at r. The
oven is now ready to be connected.
Withdraw the wooden core from
the coils Of wire and secure the lat
ter by bands Of tin to the board. Con-
meet the ends of the wire to binding.
posts T. and F, as shown. From the
other set Of binding. posts, r, run a No.
IL or No. IA wire, connecting lamp
receptacles, b B, and switch, c, In
parallel. Connect these three to switch,
d. In series with binding post, q. the
terminal of the coil. Place 16.cp.
lights in the receptacles and connect
the fuses with a 1l0.volt lighting cir
cult. The apparatus Is now ready for
operation, says the Popular Mechan-
les. Turn on switch, d, and the
lamps, while C is open. The coil will
commence to become warm, soon dry.
Ing out the plaster-of.paris. To OBJ
tain more heat open one lamp. and to
obtain still more open the other and
close switch. G.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24

SWoMD s.
BLACK BALLS az ELECTRICITY.
eallotins in Large Clubs Made Easy
by New Device.

Electrical balloting Is one OF the
latest inventions introduced by the
Automobile club Of America In It's
magnificent new clubhouse In New
York, says Technical World Maya
zine. Formerly the board of govern
ors made use of the old.fashioned
black and white ball plan. This was
good enough so long as there were
not very many applicants for mem.
bership TO be balloted for, but when
the lists assumed large proportions
a great deal OF time was lost by the
handling of the little spheres and the
ballot box. So a new and much su'
perior system was devised by the
clubs first vice president and con
sulting engineer, DR.. Schuyler Skaats
Wheeler. Instead Of there being a
ballot box passed each member sits
in his chair and presses a button.
transmitting his vote electrically to
the ballot box. Each voter has In his
hand a small block OF wood In which
are two push buttons, one black and
the other white. If he has no objec.
ton to the member whose name Ia
up. he presses the white button and
his vote is recorded accordingly; but
II he thinks the club would be better
OF without the applicant, he presses
the black one. In either case he votes
absolutely in secret and in the twink
ling Of an eye.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
Electricity In japan,


While all the progressive nations of
the occidental world have been vying
with n another in the utilization OF
waterfalls for the production Of elec.
trio power. Japan. a country where
waterfalls abound. has almost entirely
neglected this source OF mechanical
energy. But inevitably, in view OF
the extraordinary development which
Japan has recently undergone, such a
state Of affairs could not endure. A
beginning has now been made, and the
work will doubtless be pursued with
characteristic Japanese energy and In.
telligence. Several Japanese compan-
les have recently been organized for
the establishment of hydoelectric sta
lions. The most important OF them,
with a capital OF $40, 0O0, 900, proposes
to furnish 10000 horsepower of cleo
trio energy for distribution In Kioto
and the surrounding region. The Han
shin railroad Is soon to be supplied
with electric trains. and another com.
pany proposes 10 furnish electric pow.
er to Nagoya.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
CUTTING DOWN BILLs.
Don't Try to Use Electric Light Bulbs
That Are Old.

The incandescent electric lamp is
one Of the most commonly known and
simplest household devices with which
We have to deal, writes George II. Met.
calfe, In Technical World Magazine.
The lamp in general use Is labeled 16
candle power, and the average user
of these lamps IL generally contented
with the mere knowledge Of how to
turn his light on and off. He will un.
doubtedly gSimble at times at the
amount of his monthly bill for light.
ing, and will often be Inconvenience
by the dimness Of some OF his lamps,
but the deficiency In light is made
gooc by turning on another lamp, and
the monthly bill is further increased.
1t would probably never occur to him
that it would be an actual economy in
dollars and cents to throw away his
old lamps and provide new ones at his
own expense; and yet such is the
case.
The smashing point cannot be ac-
c~urately determined for any lamp
without rather extensive tests, but In
general 1t is not necessary to de-
.termine Its accuracy, A variation Of
n or two candle power will hardly
be perceptible under the ordinary con-
ditions. 1t is only when the lamp falls
off three or four candle power that It's
dimness becomes %appreciable, and It is
a safe rule to follow, and It will prove
more economical, to buy a new lamp
rather than burn an old one after It's
diminution In candle power becomes
noticeable. BY this is meant that It
will be more economical for the
amount of light obtained because as
the lamps fall OF In candle power,
more lamps must be burned to obtain
the original amount OF light, II the
reduced quantity of light from old
lamps is sufficient. as, for example, In
halls and closets, It would still be
cheaper to throw out the old lamps
and replace them with new ones OF
smaller candle power.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
THE STORY.

r HOU art the mani" The words
1 rang out clear and distinct, filling
all the great audience room Of the
palace. With finger pointed in the d.
rection of the startled king the proph'
ct Nathan stood. His stern face and
tense bearing %betokened the towering
moral strength of the man Of God
In that trying hour.
In obedience to the command OF
God he had come to bring King David
face to face with his awful sins. And
Notwithstanding the possible danger
to himself as a result of his unwel-
come message, yet he delayed not but
boldly entered into the presence OF
the king and told his parable about
the rich man who had taken the one
little eve lamb Of his poor %neighbor,
Notwithstanding the rich abundance
OF nocks and herds with which he
had been blessed. And the king had
listened with rising wrath. Perhaps
the burden of guilt In his own heart
made him the less tolerant, and as
the prophet ended his story he
Numbered:
AS the Lord liveth, the man that
hath done this thing shall surely
die
Then II was that the prophet, draw
ing himself to his full height and
pointing his finger at the king, cried,
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
~MRzHZR RZ7UY HeEI


raging and slaughter Of a few thous-
ands of Macedonian women and chill.
dren.
For several years they have con.
tinued a guerrilla warfare-if you a
dignity the dynamiting Of a railroad
or a bridge and the stealthy slaughter
of unarmed bands as warfare. The
Macedonian campaign has been man
aged by a body Of men who have their
headquarters at Sofia, in Bulgaria.
They fight in bands. Their arms
are hidden in the fields or In the ave
Of the mountains. When a Turkish
host surrounds one Of these bands II
finds peaceful peasants herding their
sheep On the hills or filling their
fields"
Such a hopeless struggle as this
might continue for years." I interrupt
ed. Where does bulgaria come in?"
Bulgaria comes In right here with
a flourish of trumpets, and Prince
Ferdinand is at the head Of the pro.
cession.
Actually Bulgaria is independent;
nominally, Ferdinand does fealty to
the Sultan, and at the same time ia
under the thumb Of Russia. He is q
petty princeling with as inordinate q
sense of his own Importance as a can
nibal king in a top hat. He has sur
rounded himself with more state thar
a car or a kaiser. ~Ferdlnand's great
ambition is to be crowned king. Now
he only rejoices in the title of prince
He has vainly implored his great mas
ter Russia's permission to assume thai
title, but Gear Nicholas prefers tina
little Ferdinand be humble. Then 4
you won't let me be king says Fer
dinand, 4 won't play with you an,
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
youns me-. 1 understand. But ne has

young ma. 1 understand. But ne has
already had is years to his experience
az Q d~lplomatlst. He has been trusted
implicitly by the British foreign Office.
He has been nothing less than q die.
tator in Bulgarian affairs, so far as
England is concerned. There have
been repeated attempts to bride him.
But he has been strong enough to re-
sist all pressure-whether II be ex.
erted by the sultan or by Ferdinand.
But after an unblemished record of
Is years this Bayard in politics has
fallen a victim to a vulgar intrigue
with q political adventures.
Countess Sarahof is the adven-
turess- a woman of marvellous charm
and beauty. II is said she is the
friend Of Prince Ferdinand; perhaps
1t is he who first melted her to entice
Sir Mortimer from the path Of rectl-
tude. Certain 1t is that she has been
successful in bringing Sir Mortimer
supinely to his knees before her, II
the gossip of the embassies is to be
believed.
Now / car give you the situation In
a nutshell. II Sir Mortimer Is recalled,
It is all up with Macedonia so far as
immediate help from Bulgaria Is con-
cerned. Sir Mortimer's successor as
| consul general will certainly be the
| present v~lce-consul, and he Is known
to be strongly adverse to the Mace.
DOMAIN cause. Our Jewish banker will
refuse his loan to Ferdinand; Ferdi.
nand will be unable and unwilling to
subsidize an army; Macedonia's strug-
gle will come to nothing for the pres.
emit"
This banker must have remarkable
faith in Sir Mortimer" I suggested,
ito think that he, can influence the
British foreign office when his reputa.
ton is already lettering"
"My dear Haddon, l have been let
ting you behind the scenes. Our
banker friend in all probability has nc
inkling of Sir Mcrtimer's impending
fall. There is nothing to damn a man
politically because he is in love with
a woman. 1t is true that there have
been i%nnuendoes in plenty OF the pa
pers. But who believes the papers?'
and a kings messenger has al.
ready been sent to Sofia to demand
Sir Mortimer's recall?" asked
thoughtfully.
$50 they say. and now / come to a
] really humorous phase Of this episode
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24

more So Master Ferdinand is most
anxious to exchange the doubtful
friendship Of Russia for a more indul-
gent protector. He has decided that
he would like England to be that pro-
tector."
But what has this to do with Bull
garia's going to the assistance Of
Macedonia" l exclaimed, impatiently.
"Simply this: Ferdinand knows that
before he dare assume the title Of
king, he must make himself more
popular with his subjects than he is at
present. Macedonia affords a con
venient means Of accomplishing this.
But before he filings his army into
Macedonia territory. he must be sure
that he will have a free hand. Let
England nce assure him Of her moral
support, and Ferdinand will invade
Macedonia tomorrow"
1T is at this juncture, l suppose,
that Sir Mortimer Brett, consul gen.
eral and minister plenipotentiary,
holds the center Of the stage?"
Eyes, It is about his diplomatic head
that the elements rage. But a Jewish
banker of New York city runs him a
close second in Importance"
"A remarkable statement, that"
"And this little Jew is a remarkable
man. A Macedonian by birth, he has
made five score Of millions in Amer
lea. But he remembers his country
in the time Of her need. 1t is he who
offers to clothe, arm. and feed the Bull
garian narmy, II 1t fights for the free
dom Of his race. His one condition is
this: the invasion must have a rea-
sonably sure chance OF success, That
is assured, he thinks, when England
agrees to stand behind Bulgaria"
And the name Of this Jewish
bankerY'
lotto Kuhn. One must not forget
him."
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24

OF Sir Mortimer Brett. When the
kings messenger arrives at Sofia he
will be unable to deliver his dis.
patches; he will find that his bird has
flown"
What! Sir Mortimer has left his
post, and with this woman?"
Less than a week age Sir Mortimer
was seen with Countess Sarahoff here
in Lucerne. He had left Sofia sud.
denly under the plea of sickness,
whether real or assumed. And now
he has disappeared again from here,
and has left absolutely nc trace OF
his whereabouts"
$50 that when the kings messenger
ONE here he will still be unable to
deliver his dispatches, AS you say. 1t
is an extraordinary state Of affairs.
suppose that Sir Mortimer continues
to be a properly credited ambassador
until he receives those disIhtches?"
Undoubtedly"
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
Frosted Bulbs Poor Lighters.

So long as carbon flaments are used
there will be a fine deposit of carbon
inside the bulb, and this, together with
whatever dust may collect on the out
side, increases the tendency OF the
rays of light to be reflected inside the
bulb and absorbed by the frosted
glass. With the new metallic fila.
ments 1t is claimed that all internal
deposit is avoided. The tungsten fila
ment, for instance, is subjected to so
high a temparture in the process Of
manufacture that all its impurities
are said to be driven of.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
Wireless Telephony.

A new system OF wireless telephony,
invented by Prof. Majorama of Rome,
was tried early in April between the
central telegraphic institute In Rome
and the radlotelegraphic station OF
Monte Mario, a distance of about two
and a half miles. The popularity OF
the apparatus consists In the employ.
ment Of Majorama's hydraulic micro
phone In the circuit. 1t was found
that even the timber of the voices
were clearly distinguished at the re-
ceiver. Experiments with the same
apparatus over longer ditances are to
be made.
Morgan County republican. (Versailles, Mo.) 1906-1914, 1907-10-24
CHILD LABOR IN ENGLAND.
Thirty Thousand London Children
Are Wage Farmers on HaIf.Time.

In London there are 747,0OO school
children, 10000 of them v e seven
years of age, and of those 10000 are
half-time wage earners, according to
the Craftsman. About half of them
spend during each week 81 hours in
school and more than 20 hours in
work. In one district such children
work from IA to so hours a week and
are paid at the rate OF n and two
cents an hour. In small laundries
the helpers are employed for two
or three nights a week until ten
o'clock, and all day Saturdays, work.
ing in a steam.laden atmosphere and
amid surroundings that are distinctly
undesirable.
Lather boys in barber shops have
hours that are much too long, never
less than 40 a week. They are usu.
ally busy from five to ter every even
ing, all day and until midnight Satur.
day, and Sunday from eight to nine in
the morning and from one to two IN
The afternoon. Grocers' boys aver.