davidaulloa/AmericanStories huggingface dataset:
Evening star., 1907-10-31
LOCAL FINANCIAL NEWS.

The Improvement in the situation in
the New York financial market is felt
here and was shown today in the more
cheerful tone of those who watch the
meeting Of the stock exchange. where the
demand for securities showed some slight
Improvement.
AS one of the brokers remarked during
the call. 1T Is evident Washington in
vestoTs know a good thing when they see
it. referring of course to the low levels
of securities on the local list as compared
with the figures at times when business
conditions are normal.
The brokers also were in such good
spirits that they INDUCED in some fun
and when Mitchell Mining was called
they started what was apparently lively
drive in that stock. which resulted in add
ing to the record of sales as we'll as the
exchange of considerable stock and the
bringing of the bid at one time % IS
for thousand shares.
The suggestion made to the national
banks by the controller Of the currency
that they should take out more crcula ton
In order to provide the additional cur
rency now needed met with a good many
responses during the day in the form of
applications from banks in different por-
tlonS OF the country seeking to exchange
for government bonds now held by the
Treasury Department as security for pub
lie money deposits, bonds which are ac-
cepted by the laws Of the states as proper
to be held by savings institutions.
AS only government bonds are accepted
as security for circulation and as the
range for public deposits is much wider
there will be of necessity a good deal of
shifting.
The want of currency In ordinary bust
ness 1t IS hoped will be met. in part. at
least by this expansion and will be an
addition to what has already been done
in the way of the issue by the New York
clearing house and by the clearing houses
In other cities of certificates which take
the place of cash in the ordinary daily
clearings of the banks in those cities.
While the trust companies elsewhere as
in the case in this city, are not members
OF the clearing houses, as the latter are
composed only of national banks still
those institutions make their daily clear
ings through some MEMBER of that or
ganization In addition to this connec-
ton between the trust companies and the
banks of this city there is at this time,
as there has always been, complete har-
mony of feeling, which would lead to
united action when the occasion arose.
The directors of the Firemen's Insur-
ance Company have elected e. G. Davis
president Of the company to succeed the
late A. A. Wilson. William ]. Wilson was
elected vice president and Allen E. Wal
ker a member of the board.
Government Receipts.
National bank notes received today for
redemption. $479.997. Government re-
ceipts: From internal revenue. $sol eO1 !;
customs. $1,013. 47S; miscellaneous, $3iS,-
437. Expenditures, 81 2s84. 600.
Evening star., 1907-10-31
FINANCIAL.

THE MUTUAL SERIAL BUILDING ASSOCIA-
TION
The 18th annual meeting OF the associa ton
will be held in ST. Dominic's Hall. cor. 9th
and r SITS. s.w.. Monday. Nov. 4. at 80
pm.
Payments on stock OF the 10th series Will be
due Mt this meeting.
Shares one dollar Der month.
The sum of $500 will he loaned share
for a payment OF two dollars per month"; 81 900
for ten dollars per month. and 81. 900 for
twenty dollars. o.
Four series have been paid of. Holders of
unincumbered stock received $500 for each
share profit of $50 per share.
This association during the Is years OF its
existence has helped many of its members to
obtain homes af their which they would
not have had without its assistance. Pay
ments on stock may be made TO f. J. Burtt
treasurer. at bis store. 4o5 7th st sw
]. SONDHEIMER, President.
]. ]. Dermody. Secretary. oc23-7t
Evening star., 1907-10-31
SIS, 100000 IN DOUBLE EAGLES
Immediate Coinage at Philadelphia
to Relieve Money! Strinpencv

PHILADELPHIA. October 31-Orders
from Washington for the immediate coin
ing of s15,00O,0OO In double eagles in or
der to help relieve the money stringency
finds the Philadelphia mint prepared for
the task 1t Is expected that employees at
the mint will have to work overtime in
order to get the gold@ coin out quickly.
Fortunately the silver coinage for the
year Is we'll out of the way. enough sub
sidiary silver coin having been already
turned out in anticipation of the usual de-
mand for 1t during the Christmas holi-
days.
The coinage of-$15 600. 600 of gold will
consume about three-f1fths of the bullion
now at the mint
Evening star., 1907-10-31
Liverpool Cotton Prices.
BALTIMORE MARKETS.


Special Dispatch to The Star.
BALTIMORE. Md. October 3l-wHEAT-
steddi"r. spot contract. lUoLasI00S. spot No 2
red western, 1871: October, l0012alOOX No
fember. lOo%-a l00Ts; December lOialO4A /;
steamer No. red. THg1it; receipts \ rs O5s
Bushels. exports. 24Oco bushels: southern by
sample. 90a94: southern grade 961.a IOOA
CORN FiTmrr- spot mixed, 65L4 No. Q white
Doh. Ootohrr. 6'il: year. 63a634; January
62rsai2H. February. G2&4a63: receipts 2s 379
bushels. exports. 81 AL bushels
OATS Quiet. Ne. . white. 54a55: No 3 white
bisal No mixed J3aJ3L,: receipts 9llO
bushels
RYE Dull; No. . western. domestic. 95, nor.
msl. receipts. 100 bushels
HAN-Qu.et. unchanged.
GRAM FREIGlITS- STEADY unchanged
Evening star., 1907-10-31
BULLS AND BEARS

Special Dispatch to The Star.
NEW YORK October 31.-A broker who
is in close touch with some of the most
powerful financers In this city says that
while undoubtedly it will take some time
to adjust the general financial situation.
he believes that matters will be brought
around to pretty nearly a normal basis
sooner than IS being predicted.@ The sen
iiment on the whole. while conserya tive.
Is considerably more optimistic this morn
ing than at any time since the recent
trouble in financial affairs broke out.
Railroad men are naturally watching the
traffic situation very closely.
A man who is familiar with the traffic
Of one of the largest railroad systems in
the United States says that so far the
railroads have all the business that they
can handle. but he is inclined To believe
that, unless monetary conditions become
considerably easier. the volume of traffic
two months hence will be materially
smaller than 1t is now He points out
that If money cannot be obtained to move
grain freely to market and if manufac-
turing interests are crippled as to their
working capital. general contraction is
inevitable. He believes also that the re-
cent drop in the price of wheat will re-
strict its movement appreciably
An official of well-knowp western
railroad says that at the present time
there is q fairly general shortage of cars
and power but that so far as his informa-
ton goes. these conditions are not as bad
IS they were year ago. If there is a
further general contraction in business he
thinks that within six weeks or two
months the car supply will be just about
equivalent TO the requirements
X *
Some persons are taking very pessimis-
tic view Of the general situation. and are
predicting slump in general business.
Railroad men. however, who are familiar
the west, think that business. as a whole.
will be restricted only by shortage of
ready cash, and they point out that as
soon AS the supply of money becomes
more ouEdant the normal demands in all
lines viii soon restore business to about
Ike pro sent level.
A director Of large national bank In
this city says that Wall street,
whoie las little idea OF the large amount
of stock that Is being taken out of the
market by small investors. and expresses
the opinion that the daily purchases of
this character would be much larger If
the G., osito-s in the savings banks were
able to draw out all of their money or
c Jnslderab biz part of it. He believes that
if the prices of the standard securities are
allowed to remain at about the present
level the investment buying will continue
ard Steadi Increase as the depoSitors In
hanks and t'us' companies are able to get
their money out in larger amounts.
Evening star., 1907-10-31
THE COTTON MARKETS.

NEW YORK. October 3l-The cotton
market opened steady at an advance of IA
Is points. and active months sold about
ii TO 1S points net higher immed :ately
after the call on renewed covering and
Dull support attracted by the higher
cables. Local professionals and some Of
The Wall street houses sold on the ad-
vance, causing some irregularity, but the
market frned up again toward the middle
OF the morning, when active positions were
about - to - points net higher on rumors
that the leading Liverpool crop expert
figured the yie.d at IL. 100000 bales
Futures opened firm. December 1853:
January. loIS; February, 1929 bid :
March. 10 23; April. 1o28 bid; May, 10
June. lo,22 bid;~Ju!y, 1888; August. offer
ed 1925
The market WAS rather nervous late in
the forenoon, and prices at midday were
several points off from the best but still
held at net gain of II to l. points on
the active months
Spot. quiet, middlng uplands 1890;
Tniddling gulf Ills.
Estimated receipts at the ports today,
Obn baleS. against II So last week and
tS,I last year For the week $50 OO0
bales, against 32i .6l3 last week and $50
7oi last year Todays receipts at New
Orleans. iJ.2sj bales, against TO4l last
year
Spot closed steady; middling uplands.
io9o; mIddlinB gulf, Ills; sales, $500
bales
Liverpool Cotton Prices.
LIVERPOOL, October 3l.-CIoslng: Cot
ton-Spot good business done: prices 16
points higher, American mlddling. fair.
6-63, good middling @ 23; mlddling COB:
low middnng. ~; good ordinary, 5.23;
ordinary 463. The sales of the day
were 10000 bales. of which 800 were
for speculation and export. and included
s.lOo American Receipts. 1900 bales.
including l3. $40 American. Futures open
ed steady and closed firm: American mid
ding. g.o.c.. November 80; November
and December. 5.TlLa: December and Jan
nary, ). TOI2. January and February. 500;
February and March. 500; March and
April. $50. April and May. 56s1a; May
and June. j.6Sl2: June and July, ) 56S1k;
July and August 5.66.
Evening star., 1907-10-31

KANSAS CITY, Mo-, October 31.-Fed-
eral Judge Pollock has held that he had
no jurisdiction in the case of theatrical
managers who sought a restraining order
to prevent Judge Wallace of the criminal
court from having indictments returned
against managers, actors and attaches OF
playhouses for working Sundays in vio-
lation of state law.
Evening star., 1907-10-31
Jamaica First Race
c'al Dispatch 10 The Star.

Bpeciul Dispatch 10 The Star.
JAMAICA. n Y. October 3I--First
race, three year-olds and up; selling
mile and a siXteenth-Glen Echo, 9S
tMusgraEep. to L and TO l. won;
Hooray. l02 (Miller), 1 to place. sec
Ond. Ostrich. 106 (McDanIeD, to 2
TO show. third. Time. 1.4s Aqueduct
Telephone. Al II. Woods, Destroyer.
MiHtberia. Inquisitor, Ricordo. Um-
brsila, Yada and Consistent also ran
Evening star., 1907-10-31
Washington Stock Exchange.

Sales.-Regular call. IL O'Clock noon-Capital
Traction s.. q 600 at lI1h, $500 at l1l,,. $500
Mt 111h. 81 600 at IlIh.
Columbia X. r. 5s, $500 at lO3
Washington Rwy. and Elec. Is. $1,000 at 7sta.
81 600 ut 7sH.
Washington Rwy. and Elec. pfd. at 671a, 20
Chesapeake and Potomac Telephone at 60
Mergenthaler Linotype 10 at 1879, / at 200,
Mitchell Mining, 100 at H. 100 at w. 100 at
y. 100 at A. 100 at ". 100 at V. 100 at H.
300 at y. 100 at Y, 100 at V. 100 at V, 100
at %
csIl-CapifaJ Trscttnn
Evening star., 1907-10-31
Grain and Provisions Summary.
Liverpool Grain Prices.

LIVERPOOL. October 81. - Closing
Wheat-Spot, dull; No. western winter,
8s. 1Hd.; futures steady; December. S.
27sd.; March. IS. 4asd.; May, IS. 3Ad.
Corn-Spot. quiet; prime mixed Ameri-
can, 5s. 914d; futures steady; December,
5s. Sad; January, 5s. sgd.
Evening star., 1907-10-31


following stocks had changed in price
since above quotations.. there being nc
change in balance of the closing quota.
tlonS
Amalgamated Copper, 51A.
American Smelling IS
American Smelling pfd., So
American Tob., pfd., 60
Anaconda 334
AtchisOn, Top. and S. Fe, 741s.
Atchis)n, Top. and s. Fe, pfd.. So,
Brooklyn Rapid Transit, 3lh.
Chicago Great Western, ~.
Chicago, Mil. and ST. Paul, lOI
Chicago and NV. 129h
Colorado Fuel and Iron, IL
Colorado Southern, 1874
Corn Products, pfd., 53
Delaware and Hudson, 126
Dlstillers' Securities, 39A
Great Northern Ore, 39as
Greene Candnea, 63s
lnterbOro Metropolitan. pfd.. l6
Louisville and Nashville, 941h
Mackay Co S, 49,
Manhattan Elevated IO4
Mexican Central 145a
National Lead, 37A
New York Air Brake 6JL
New York Central, 95Ia
Northern Pacific, 1861.
pennsylvania r. r., 1914
Peoples Gas of Chicago. T2h.
Pressed Steel Car, II
Missouri Pacific, J2A
Reading 744
Republic Steel and Iron, 13A.
Republic Steel and Iron, pfd., 56H
Southern Pacific 66la
Southern Railway 124
Tennessee Copper. -.
Union Pacific 1OS7s.
I. S. Rubber, II
L. S. Steel, pfd., s27s
Va. Car Chem, conn., 1874.
Wabash SIS
Western Union, 81
Woolen Goods, 15.
BONDS
| nitel ST Stool -.
Evening star., 1907-10-31
The World Of
Finance and Trade
NEW YORK STOCK MARKET.

Furni she'd by w. B. IIibbs & Co.. bank
cTs and brokers. 1919 F street, m amoers
New York Stock Exchange, Washington n
stock Exchange and Chicago Board OF
Trade
Evening star., 1907-10-31

Bar silver. steady. q 1-l6d. per ounce
Money 4a4A per cent.
The rate of discount In the open market for
short bills is 5Ia per cent
The rate OF discount in the open market for
three month bills is 5ls per cent.
Evening star., 1907-10-31
CURB QUOTATIONS.

Furnished by E. r.. Chapman & Co. (G. B.
Chapman. manager members New York Stock
Exchange. 1901 + ST. NV.
Evening star., 1907-10-31

Opcu High. Low. 2:45.
ArnaIgan Conner 51A 529s 500. 81
An. car & Foundry 2s1e 26is 2oas 25is
Evening star., 1907-10-31
Closing Quotations.

At the close of the stock market the
Following stocks had changed in price
since above quotations, there being no
tlonS:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-01-30

the statutes Oklahoma is confronted by
other difficulties. If the constitutional
convention does not do this or that,
threats are made that the boon of State
hood will be further withheld
It would seem that the patient. long
suffering Oklahomans would finally con
clude that the easiest and surest way out
Of their perplexing difficulties would be TO
importune the powers hat-be IN the East
to replace every member of the constitu-
tional convention with a man whose views
on all questions of government exactly
agree with the practices of the dominant
elements in our affairs. and then tamely
submit to the result, until, after Statehood
shall be granted, another constitutional
convention can be held and the organic
law Of the new State framed in harmony
with the convictions of a majority OF its
citizens
Perhaps II Oklahoma should enter into
solemn compact to send to the United
States Senate two men who would stand
shoulder to shoulder in that august tribu-
nal with the standpatters, the door to
Statehood would swing wider and at an
earlier date As long as oklahoma is
bound to its political idols, we fear for
the results of its Statehood fight.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-01-30
4 Word to okIahomans.

Not iH Ions years has So sorry a
spectacle been presented TO tie astonished
SAFE Of the multitude as that which for
nearly four years has been afforded by
the struggle over the admission Of Okla
lamd TO Statehood When slavery was
tire all-importaut issue I'm our politics. its
proponents and antagonists fought in the
'pen over the admission Of new States.
M concerted effort of national sweep was
then made 10y either side to conceal the
motives that actuated them. The result
was that the people were better informed
of the merits and dement's. of the claims
and comter-claims of the fierce ccnten-
tious over the creation OF new State
soyereisntes. We venture the assertion
that had the supporters Of the slavery
system been as artful i'm Disgusting their
motives and obscurlng the issues as are
certain powerful elements that to-day are
dominating national affairs. the freeing of
the bondmen not only would have been
postponed for years. but also the coun-
l-ys development would have been held
III check, and communities that are now
arcat and prosperous States would have
beeu continued indefinitely in their swad-
ding clothes.
Never before have so many obstacles
Eesa placed in the way of q Territory
ripe for Statehood-yes. overripe-as can
Dee asserted OF Oklahoma. National pa
Ieuce long ago was ovcrwrought by the
strange and mysterious not TO say subtle
influences that have blocked Oklahoma
ambitions. With the addition Of Indian
Territory 60 the domain 90 DE included IL
Gre proposed new state, population o.
Haariy 100000, bone OF our bone. blood Of
oar blood, and sinew of our sinew. i,
preparing To assume the rights. preroga-
t.vaS. and immUuitics guaranteed by the
Constitution But NJ every turn some oh
s3clc is interposed Every step has bee
hlmperad by Influences that are hidden
ader first one pretext and then another
tuc day Of Oklahoms's deliverance from
s=mi-bondage 10 & mysterious power ha.
been postponed Now that an uuprece
dented enabling act mas been placed upoT
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-01-30
John L. NEUTRALITY-SUSPICIOUS..

Hats of to John Lawrence Sullivan.
erstwhile champion prize fighter Of the
world. and idol of the squared circle,
Men Of more refinement there are. to be
sure, but none of larger heart or more
generous hand. He chose to win his way
to fame over broken noses rather than
broken hearts, waded to glory through
gore rather than wrecked banks and
strangIed railroads, but he got there just
the same; and be probably has not much
more TO regret. 50 far as his personal in
tegrity is concerned. than many who have
been more successful at holding on TO
their thousands after making them.
Mr.~Sullivan has forwarded to Mrs Ter
renee McGovern. wife Of crazed and
dying gladiator of the Sullivan persua-
sion. his check for S1Co This was sent
to Mrs. McGovern 90 relieve her present
distressed and destitute condition. and
was accompanied by note reading.
Necessity knows no want" Some people
may experience difficulty in gathering Mr.
Sullivan's exact meaning here. but to us
there is no trouble at ALL Whal he means
TO say is. Here, miss. take dis wad and
get de kids some clothes; and. say. cut
out de tanks; see?" It is quite character
istic of The man. and il serves TO show
that whatever his command OF English
may be, at least his heart is In the right
place and his charity ever lands as true
as his punched and cllnched digits were
wont TO land in the good old DAYS
There are worse men than John l. in
this world. There is no doubt about that
His profession Is not one that the world
admires-at leas.. not openly and above
board. But. such as it is. il viii he ac-
knOwicdged that ne has conducted his end
( Of IL on the level and without question
able methods. He was always an honest
fighter. and no one ever accused him Of
+ taking or Of wasting his time in big
talk and the dispensatiou Of "hot air"
The most pathetic thing in his whole
career has been his constant scramble to
] hold fast his seat on the water wagon.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-01-30
HILL INFLUENCE IN SENATE.
A Striking illustration of the Magic
OF His Name.

Washington Correspondence Boston Herald
In the country west OF the Mississippi
there are two chains Of railroad infu-
ence that have helped make United States
Senator'S The Western Senators are more
responsive that Eastern Senators to
progressive" demands from the White
House, but their hands are seen more
openly in playing the railroad game IN
many minor matters OF legislation. For
there are public land bills. and other bills
galore. in which Western railroads have
an interest These bills come from a
number Of Senate committees. They fire.
qUently affect the development Of great
sections OF the West, and frequently the
railroads want one kind OF legislation,
ana the settlers want another.
An authentic incident of the late Sena-
tor Hanna is told in that connection. A
Northwestern Senator. entering the legis-
lative chamber during a roll call on
some bin Of this character, voted no
and took his seat
hin wants that bill" Mr. Hanna
whispered.
Mr.. President" interposed the North
western Senator, rising quickly to his
feet. Il change my vote from no 10
aye"
Very few Western Senators. who owe
their elections in some part at some time
10 railroad support. could be handled SO
easily but the Hill interests and the Har-
riman interests are distinctly seen In a
deal OF national legislation The inter.
ests, Of course, are hostile, but at times
they are united in the national Capitol
There Is not a State touching the Cana
dian border, from Minnesota TO Wash.
( ingtOn, whose Republican Senators have
not felt the environment Of James
/ HIS great transportation enterprises
/ Hardly one Of those Senator'S could alto
gether ignore It without endangering his
ugiirfC4l career
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-01-30
HOPEFUL VIEW OF NEGRO.
Author of Uncle RemuS" Stories
Speaks from Experience.


Speaks from Experience.
Joel Chandler Harris, in Saturday Evening Post
I believe that. at bottom. majority Of
the American people are at one with re-
spect 10 the negro and his future. and
the reason have for making the state
ment is sound one. namely. that a
large majority Of the people Of this
country are blessed with common sense
in a larger measure than those Of any
other country on the globe This innate
common sense has brushed away so many
difficulties, and solved 50 many problems,
and carried the country safely through
so many crises. and has come 10 the
front ia so many emergencies that il may
confidently be depended on in the future.
The negro is of a dilfereu, race, it is
true, and his mind may fail TO respond
TO the different processes of civilization
ard enlightenment; but this remains to
be seen. II has not failed TO respond
thus far. He seems 10 be getting along
remarkably well, considering all the cir
cumstances by which be has been sur
rounded. He IS acquiring property quite
rapidly and in our modern civilization
this faculty is regarded, whether rightly
or not. as the highest possible test Of
progress.
The negro is also acquiring an educa-
tion-slowly. as a matter Of course, but
surely-and by 50 much as the minds Of
the present generation are prepared and
equipped, but just so much viii the minds
OF the generation 10 come be prepared
90 asslmilate knowledge.
The reason that can afford to be
hopeful iu the matter lies ia the fact that
] am familiar with the history of a
county iu middle Georgia. where the
negroes comprise "a majority Of the popu-
lation. In that county Iynch;ng is UNI
known, because the particular crime that
iEcites 90 lyuching is unknown. Such a
crime has never been committed in the
county. and I mention the fact with con-
siderable pride, for the reason that II is
the county Of my birth 10 may be
thought that this IS a descent to the par
JiCuidr but the point / desire to make
is that the overwhelming majority Of
the negroes in all parts of the South
especially IN the agricultural regions. are
leading sober. industrious lives.
4 temperance race is bound 20 be in
duStTlouS. and the negroes are temperate
as compared with the whites. ] am
speaking of course. of the negroes OF
the farms. but even in the towns. the
majority OF them are sober and industrl-
Gus The idle and criminal classes among
them make a great show in the police
court records. but right here fin Atlanta
the respectable and decent negroes FAR
oUtnumbeT those who are on the lists
Cl the police as old or new offenders.
I am bound 90 conclude from what 7
see all about me, and from what know
Of the race elsewhere, that the negro.
Notwithstanding the late start he mas
made in civilization and enlightenment.
is capable of making himself useful
member I'm the communities I'm which ne
lives and moves and that he is becoming
more and more DESTROYS OF conforming 10
all the laws that have been enacted for
the protection of society