davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27

Deductions prior to dividends in 1896
amounted to $4,000. On this basis
the corporation would show a surplus
for dividends in 1901 OF Sl03 500OOO. which
is equivalent 10 about . per cent on
the preferred stock. Putting it another
way, the surplus after the payment of
the preferred dividend would be eGuGva-
lent to nearly 151z PER cent on $500.
60 of common stock.
The Steel Corporation viii not be re-
quired to appropriate a cent next year
for new construction work, as the FUNDS
appropriated for that purpose VIII cover
all construction work contemplated for
1893.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
FINANCIAL GOSSIP

Savings banks OF New York have
awaited themselves Of the time limit
This Is an Improvement over failure,
runs, and disaster.
November disbursements and diyi-
dend payments total 5000. O0J. The re-
lease Of this vast sum should help
stocks. Also banks.
Tie United States Realty Company IS
said 10 have enough cash on hama 20
retire its bonds and take up stock issue.
II is very sound.
Pittsburg bankers agree TO take care
Of George Westinghouse. No one has
yet heard Of Andrew Carnesie sending
any millions TO anybody.
Wall Street has very kindly feeling
for Secretary Cortelyou and for his
enlIneuce. J PicrDont Morgan
Plans are under consideration to bring
upward Of $500 in gold from abroad.
Secretary CorteIyou tells New York
bGuls that he viii advance the money
on reports OF actual shipment Of the
yellow boys.
Railroad earnings continue satsfac-
tory.
Nr. Harrimans announcement that a
holdings company would be organized 10
take over Union Pacific holdings Of out
side securities failed utterly to put
backbone into Union Pacific shares
The liquidation of cotton and grain
will bring millions into circulation. The
country is o. X.
The earnings Of the United States
Steel Corporation since its organization,
with the year 1907 esumatd, follow:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
RAILWAY AND INDUsTRIALs.
CHICAGO GRAIN AND PROVISIONS.
NEW YORK COTTON.

NEW YORK. oct. 26.-The cotton
market developed further weakness
from the opening today on weaker mar
kets abroad, owing to heavy liquidation
by bulls there and hedge selling and
further selling by Southern and local
operators against the crop on the
Stringency Of money and apprehension
that recent events IN Wall Street will
force a rather severe contraction in
general business.
The days prices were as follows
December. 1871; January. 1010d101I;
March. 1O.17q1O1S; Nav, I021dI0.22; July,
l01910.22. Market closed steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
New York Bond Market

NEW YORK, Oct Painted States
bonus;
2's coupon 1895. 10fA01051z.
2's registered 1905, 1914 GLOSS.
"a registered 1908, l0l%nlULt2-
gs coupon 1903. 10Z13Q1Ooh.
SIS small bonds, lOl12s
As registered, 1llGCl50.
a. coupon 1928, llSQlI. ..o.
Panama Canal rs registered, l009lOb-
Philippine As. 1882.
Stock exchange bond transactions:
New York city fz's. 1881. 1884.
New York city registered. 1O4.
Imperial japanese first series "a $, "a.
Imperial JaEanese second series 41A's,
s1L.
Republic of Cuba SIS. g.
American Tobacco cs, Sc.
American Tobacco As, 81.
Chesapeake and Ohio SIS, 105.
Chesapeake and Ohio 41zs, 93A.
Consolidated Gas 6's. S5l.
Delaware and Hudson As. 30.
Distiilers' Security Corpora ton IS, g.
Erie general as. n.
Lake Shore As. 1891, IS,
New York Central As. 931A
Northern Pacific AS. 80.
oregon Short Line 6s, l13.
Oregon Short Line as. rs.
Pennsylvania 35a's 1912, So.
Pennsylvania 315's 1915. 81
Reading as, SS1z.
Reading-J. c. as, s..
Southern Pacific refunding as. S3k.
Southern Railway SIS, SO.
Union Pacific first As. 96L.
Union Pacific convertible as, So
United States Steel S. +. SIS. $50.
Wabash first SIS, l04
Wabash As 40Ik
Western Maryland first As, 100
We InghOuse Manufacturing SIS g.
Tc i sales. s.. 703. 500, against S4.513. 90.
yesterday; S1,I93,0O a week ago, and
81, $50 900 a year ago.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
S. v. '. COMMANDER
IN CAPITAL TODAY

Walter S. Hale, Commander-in-ChIef
Of the Spanish War Veterans, left Bos-
5on last night on the Federal limited for
this city on his first official visit Of in
speCtOn.
He VIII arrive in Washington at about
- this morning and Will be welcomed
by the commanders OF the local posts
at the station. His temporary quarters
will be at the New Willard A mass
meeting OF the local posts will be held
IN his honor at the Grand Army Hall
tomorrow morllng-
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27

very materially with the single excep-
ton of Illinois Central. The idea pre-
vailed that Hartman was selling out
and the feeling was one OF uneasiness
and nervousness.
The feature of the closing Friday was
the strength Of the industrials, which
seem for the time being, at least, 20
have reached the end of liquidation, this
being especially the case with United
States Steel shares.
on Saturday the market opened
much higher. being due to the fact that
London and Continental buying was In
evidence. these interests being amply
provided with funds Some OF the ad-
vances were held to the close, while
other stocks closed actually lower than
on Friday. Northern Pacific and Great
Northern and Hartman shares were
soft
Copper and the industrials made fair
rallies.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
CHEMICAL SOCIETY OFFICERS.

The Chemical Society has elected the
following officers Tor the ensuing year:
Dr. Jesse r. Ramsburg. president. Dr.
J. W Richardson vice president; Dr.
Frank c BisCCe, secretary and treas
uTeT, and DR.. John ". Thomas and Dr.
w. B. Jackson, censors.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
The POETS COUNTRY.

Indlanas wealth is now considerably
over three billion dollars Much of it.
no doubt, consists of country estates
and improved farm lands belonging 10
pOets.-FrOm an Exchange.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
IEW YORK-STOCKS BONDS AND MONEY WASHINGTON
Washington Prices

Washington Railway and Electric As.
81, OOUqI9. 81 .O0On79, 81 ,000D79.
Washington Railway and Electric pre-
ferred. 10g6S go s.
Mergenthaler, 5a17s. 5G179.
Commercial National Bank, I0d20S.
Second National Bank, IOltI45.
Merchants and Mechanics Savings
Bank, 8aI3k.
After -Mergenthaier, 10a1s9, 5Q
1873, 1d159is, IQ1S9.
Columbia Railroad IS. S5O0ql03.
GAS BONDS.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
New York Stocks

Quotations furnished by A. o. Brown &
Co. Munsey Building. Members New York
Stock Exchanged
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
THE CURB MARKET

Quotations furnished by A. o. Brown &
Co.. Munsey Building; Members New York
Stock Exchanged
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
Issue Certificates.

After the close OF the exchange on
Saturday the announcement vas MADE
by the Clearing House Association that
they had again resorted to the issue OF
certificates, for the first time since 1888.
This will help not a few banks that
have the collateral to give for certh-
CAGES in settlement of their daily bal
ances. These certificates bear interest
and have the backing of the Clearing
House Association of banks for their
eventual retirement
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
BANK STATEMENT.

The surplus OF the banks is deficit.
s., 23s3,300 against surplus s.. 100000 last
year and $12O0O.0OO two years ago.
increase.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
What of the Future.

There are wrecks scattered here and
there that will have to he hquldated-
There are banks that have pulled
through that have millions Of dollars IN
securities in their vaults that VIII per
force have to reduce their holdings.
There are brokerage firms with stocks
locked I'D that must sell Confidence
has been shaking-is shaken-and IN
Nev- YORK and other centers boarding
is under way
Our English and continental friends
have money to buy stocks. and they
realize that these self-same STOCKS are
on the bargain counter for the man who
ran nav for them outright. Margin
trading will be suspended for some time
IN come Trading will be on cash
basis ana nothing can 90 wrong wheh
This method IS pursued. That is, there
can be no crash. There may be ue-
clines.
The market viii have to take stock
on every advance, until healthier con-
dition is finally established, unless the
prasent uneasiness is communicated TO
general business. with a laying of Of
employees and general depression, when
ii is not likely that there viii be much
recovery Ger some time
It is the record Of the past that recov-
cries come after slumps, and there has
been a slump. AS vet railroads have
not commenced to show any decrease in
their earnings. If the panic is stayed
and confidence restored, there should be
a very gradual advance, but even
though brokers come around TO taking
margined orders. speculative operations
are to be discouraged. The public is
out It viii come in when there has
! been a strong, upward, sustained move
ment for some days or weeks.
All indications point 20 a slow. dull
stock market. with the chances for a
recovery that viii be attended with
( many setbaeks.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
Market Tender.

Friday the market again gave favor
able signs. but acting very tender at
times. as If fearful of-the location Of dis
aster. Six banks yielded the ghost and
passed into the care of receivers. But
for all this the stock market gained
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
The Only Break.
Bonds Wanted

A feature Of the market has been the
excellent demand for Capital Traction
SIS. washington Railway and Electric
as, and other bonds. Prices have been
very steady. scarcely fuctuating at all.
The stock OF these traction companies
remained very steady, and with no
change whatever from last week.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
Values Faded Away.

Values on the highest grade of securi-
ties faded away by dollars and tens of
dollars. No one knew Just sshere the
eruption would hit next. Hieh grade
stocks were sold by men who had held
them through all the years liquidation.
serene and confident al their merit.
They were also sold by others to fur
nIsh the wherewhhaI TO protect other
securities
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-10-27
Pittsburg, Too.

And Pittsburg did the rest The 20.
ownership of the various Westinghouse
industries and the suspension of a hIg
Pittsburg trust company was a blow
in the solar pIexus of the stock market.
j may not be a diguiled term, but
those who watched prices melt away be-
fore the wild flood Of liquidation. will
admit that it is expressive
The Pittsburg stock exchange closed
lis doors. and a holiday was announced
"a strenuous holiday in which the mem
bers Will try and put their houses in
order against the day of opening.
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15

The SynIicated Banks which desire to
so INTO the governing business i'll Louis
lana to the extent OF a free use of the
surplus in the States treasury. have a
candidate for Governor in the person Of
]. y. Sanders, whose Legislative record
has also gone to "slanderng" him
For instance, Sanders said at Vim
field that he aided in the passage of Act
10 Of 1906, which prohibits receiving or
soliciting orders for the sale of liquors
i'll prohibition Districts
l.. \. Smith, superintendent OF the
Louisiana Anti Saloon League testities
that from the introduction of the Act i'll
the House by S. d. Pearcc of RuSton,
until its final passage under the leader
ship of Charles z. Lewis of RuSton,
Mr. Sanders showed nowhere in the
contest for the measure On the con-
trary. "the advocates of the measure felt
lat all times the effect of his influence
against it" and Mr. Sanders opposi-
And again the Syndicate Candidate
says: Il have been a Sunday law man
all the time except i'll 1893, and even
then, in the widest flights of my mag
nation, | never wanted whiskey sold
without a license
In 1894 House Bill 3I7, an Act to re
peal the Sunday law iii New Orleans,
was voted upon June p, 1t passed with
two fotes to spare.
M1 Sanders voted for the repeal Of
the law
-Four years following. in 1903, another
bill Ior the same ends came TIP. 1t failed
of passage in the House by two votes.
Mr. Sanders voted again with the re
pealers!
This time he put himself more spe-
officially on record, for he explained his
vote in these words:
1T was useless for any Legislature
to attempt to lcgislate morality for the
people. A man keeps the Sabbath &C
cording to the faith that is in him. Mr.
Sanders went on to plead for personal
liberty, saying he had no desire to have
the people of another parish dictate
what he should do or should not do. lie
thought there was more harm in pro-
hibition than in its absence
All along since Mr.. Sanders took the
stump he has dealt in an unending
stream of denials, and denials of sworn
or recorded facts.
He is undoubtedly the most stalwart
political prevaricator of his day and
generation.
Sanders must go!
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15
THE, REAL, ISSUE.
Sanders must go!

The Caucasian, along with the aver
age. well balanced citizen, had hoped
that the miserable stuff, which, as Josh
Billings would say, ''pervades' the San
ders press columns about slandering
Sanders, had about" run its course, but
it seems not, for quite recently, and after
a pause, the organs of the "Syndicate'
have burst forth with renewed and more
spiteful vigor.
An analysis of the cause for the con-
tinued harping on the "slandering' OF
the organs candidate reveals the fact
that some Overwhelming argument in
favor Of the St Mary man has been
knocked sky high, or that Mr.. Wilkin-
son or his friends have suggested that
certain failures of Mr. Sanders to serve
faithfully the public, as should public
officer mindful of his duty, have re-
manned unexplained.
Mr. Sanders is not divinely anointed
No Sacredness surrounds his person.
So far as The Caucasian is concerned
cur objections to Mr.. Sanders have
been specific and couched in decent Eng
lish. Not one act alone Of his, but many
are open to fair objection, and they are
acts which concern him and his relations
to the public. Neither is Mr.. Sanders
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15
SHERIF,"S SALE.

No. o,26S-In the First Judicial District
Court of Cad 10 Parish, Louisiana :
Hicks Company, Limited, for use,
vs.. ]. D., r. L. and G.. H. Slaugh-
ter.
Bv virtue of a writ of seizure and sale
to me issued in the above numbered and
|entitled suit by the Honorable First
Judicial District Court of Caddo Par
ish, Louisiana, | have seized and will
offer for sale at public auction, for cash,
according to law, at the principal front
door of the court house of Caddo Par
|ish, Louisiana, during the legal hours
for sales, on
SATURDAY, OCT. IL, 1907,
Lots 10, Ia and IS of block 10 in the
town of Rodessa, Caddo Parish, La.
together with all buildings and improve
ments thereon. Also the undivided half
interest in and to the south half of
north half and south half of section ID
township 70 north, range 10 west 40
|acres, with their interest AMI all build
ngs and improvements thereon. Also
the following property belonging to ]
I'D. Slaughter, to-wit: north half OF
southeast quarter section 20, and north
half of southwest quarter section "a
|also west half of southwest quarter OF
THE northeast quarter section p, all in
township % north, range 10 west, I8c
acres, more or less as per deed recorded
in conveyance book Io page 2I8; also
the east half of the southeast quarter
section IS, township p north, range It
west, So acres, more or less, as per deed
in conveyance book IS, page 426.
Said property seized as belonging tc
the defendants, and to be sold to satisfy
the debts specified in said writ, in the
sum of SIooI.5o with 8 per cent per an
mum interest thereon from August 2
1904 until paid, and per cent attorneys
fees on said sum and interest, less q
credit of $4,000 paid August 5, 1907
and all costs OF suit.
J. P. FLOURNOY, Sheriff.
Caucasian, Sept. 10. 1907.
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15

any more the Democratic party than IS
its humblest member, and he is entitled
to, and will be accorded, the same treat
ment, no more, no less.
Mr.. Sanders personally may be a
SAINT. That is beside the question. He
| is candidate for the highest office with
i'll the gift of our people. and the matter
OF his fitness for that position Is a
legitimate and fair theme for discussion.
| Now The Caucasian asserts that Mr..
Sanders is the political product of an
era Of political chicancry IN LOUISIANA
Icxtcnding from the overthrow of the
lottery down to Gen. JastremSkls revolt
for a primary election, which has no
defense and deserves none.
| OF course the gentleman organs will
,yclp that we are 'slanderlng the Demo
cratic party But. fortunately, the
party isn't the gentleman, nor are his
organs its eXponents.
What care the people for mere prl-
mary election if the conduct of affairs IS
to continue, and the same men who con-
Quoted those affairs which demanded the
destruction of nominating conventions
are to 60 on in service they resisted
so long as resistance avalled?
In other words, neither Mr.. Sanders
nor his organs seem to understand that
with the passing of the methods reSpon-
sibc for hinsclf-and for his organs
he and they have had marked fms to
their careers.
SO far as Mr., Wilkinson or General
Jastremski are concerned, they are
merely Instruments III this contest. What
they may say has but little to do with
the real issue, for popular determination
is 50 we'll marked Tat the blindcst and
most obtusc Sa.,, lite can determine 1t.
Talk t. L0;.,.,..-.'s yeomanry, to It's
blood and b. ,.... Slncw, and you will
find them IN solid mass i'll opposition to
what Mr.. Sanders stands for.
I he days of the power Of the rabblc
Newspapers crying out Islander" when
facts arc demanded and when specific
allegations are made, are only exposing
themselves to deserved contempt.
To enact a primary election law; to
strip the executive of all his power and
his potency for future harm; to rc-enl1st
a real democracy in popular service; to
again align the great Democratic party
in the contest for the public COOL, and
Ito then call on the scrvltors of a vicious
and indcfcnsible era to conduct public
affairs would be worse than folly; ii
would be crime!
The Caucasian sums UP Mr.. Sanders
political frailtics, in the one sentence
He is the expression OF a political sa-
trapy which owed its tenure to unpar-
donable methods, and which reduced
public service to a private snap.
Sanders must go
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15
lETTEN'S DEFALCATION
Was Chief Clerk Of State Tax Collector
John Fitzpatriek-Has Skipped-His
Stealing Began Four Years Ago.
September IL.

September II.
Charles f. Lctten, chief clerk OF John
Fitzpatrick, the State tax collector OF
the First District. City of New Orleans,
is a dcfaulter to an amount which will
reach 100000.
Letten has been feeding at this public
crib for nineteen years.
His stealings began four years ago,
and yet it was only after he had skipped
that his defalcatlon was discovered.
In his case, as in others, the trouble
was fast women and slow horses.
1t appears that Letten was under the
spell of a mulattress-a dashlng quad
room. He led dual life, so it is re
ported from New Orleans Letten has
a family highly esteemed and respected.
In speaking of Letten Captain Fitz-
patrick said he had never heard of any
dissipation on the part of Letten and
the only theory to explain his losses is
that he had been taking quiet ventures
into the stock or cotton market. As al
ready stated, he owned his home, a
handsome double two-story house, which
WAS built probably a dozen years ago,
and always rented one 81 lie of it.
Captain Fitzpatrick has announced
that he will pay Letten's dcfalcation.
Lettcn had not been required to give
bond. Auditor Capdevielle was dumb
! founded when aroused from his bed at
; O'Clock i'll the morning and informed
Of Lettens stealngs and disappearance
| from New Orleans.
1t is believed that Letten has gone t.
! Central America, where he will be safe
| from the clutches Of the law.
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15
JUDICIAL SALE.

No. II,4I2-In the First Judicial District
Court tn and for the Parish Of Cad
do and State of Louisiana Ponle
S Carter VS. Mrs NJ. t. Sims and
A. G. Sims.
BY virtue Of a writ OF fcri faclaS, 10
me issued IN the above numbered and
entitled suit, by the Honorable First Iu-
dicial District Court Of Caddo Parish,
Louisiana. | have seized and will offer
for sale, for cash, according to law.
with .ut the benefit Of Apprascmcnt, at
the principal front door Of the court
house of Caddo Parish, La, during the
legal hours for sales, on
SATURDAY,, SEPT. Fl. 1907.
Lot 10 in block 5, Caddo City, Caddo
Parish, Louisiana SAID property seized
as belonging to the SAID defendants, and
to be sold to satisfy the debts specified
in SAID writ, in the sum Of Sis with
interest thereon from May I, 1907, until
paid, at the rate of per cent, and all
costs of suit, including 10 per cent on
said sum and interest as attorneys fees
J. p. FLOURNOY, Sheriff.
CauCaSian AIp 20
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15
MARSHAL'S SALE.
Sept. 10, I.

No. 4o-In the City Court Of Shreve-
port La: George NJ Agurs VS.. A.
c. Simms, ct al
By virtue of writ OF feri facias, is
sued III the above entitled and NUM-
bered suit, by the Honorable r. d.
Webb, Judge of the City Court, Shreve-
port, La, and to me directed, | have
seized and will sell at public auction, at
the Texas street front door of the court
house of Caddo Parish, between the lc-
gal hours for sales, on
SATURDAY, SEPT. 81, 1907,
A certain acres of land in the Kane
subdivision as per map recorded in Vol.
28, page 900, Caddo conveyance records,
said lot, or parcel of land, being in lot
nine of said Kane subdivision, and more
particularly described as follows, being
that portion Of said lot nine, triangular
in form, which would be found by ex-
tending the dividing line between lots
7 and Of said subdivision through lot
nine, less forty-four -hundredths Of
an acre lying east OF and adjoining the
line extend in Caddo Parish, La.
Terms of sale cash, with benefit Of ap-
praisement.
O. P. OGILyIE,
Aug. 1S City Marshal
The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-15

Taken up by {. Scott on the \. IT..
Leonard plantation about one mile north
from Robson, La, and c,trayed before
me, the undersigned authority, one black
and white cow branded =. + marked
split IN each Gag Also one red and white
calf branded =. b.
The owner will come forward, prove
property and pay all costs or the prop
crty will be sold at Lconard's store ON
Saturday, October II. 1907, at IL noon,
w L. DANIEL,
Justice of the Pcacc Eighth Ward Cad
do Parish, Louisiana.
Caucasian Sept s.