davidaulloa/AmericanStories huggingface dataset:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
WALL STREET
MARKET DULL AFTER GEN.
ERAL PRICE DECLINE.
Interborough, Metropolitan, Brooklyn
Transit, Reading and Smelling Are
Hit the Hardest.

NEW YORK, Aug. 20.-opening prices
were slightly mixed, but the changes
either way were not important outside OF
Union Pacific. which was up 1s, and
Reading off rs. The last named recov-
cred its loss Immediately.
IL n. m.-The market was unable to
Withstand the outbreak of liquidation In
the local traction stocks, the success
full drive made against Union Pacific
Reading and the metal stocks. Prices fell
sharply. in all directions, a score or more
of the leaders losing a point or more.
Low prices for the movement were made
by the local group, and the United States
Steel stocks ard Pennsylvania sold to
within q fraction of their lowest. The
principal losses were Interborough-Metro-
nolitan preferred and Brooklyn Transit
"a. Reading and Smelling 21s, Metropolitan
Street Railway 2, Dlstlllers' Securities 1&,
n Atchison preferred, ELECTROMAGNETIC
ropolitan and Great Northern Ore Certiff-
Gates ~. The market became dull after
the first half hour and made a feeble rally,
which was not held.
Noon-Some measure of support was ex-
tended to the important railroad stocks,
and they did not decline much lower, al
IHOuSH there was luitllNi oAootN iipuhN"
ton of the specialties. The centre of
weakness continued in the local traction
stocks, Interborough- Metropolitan pre-
ferred dropping 5 points in all, to 2Ol9. At
lantic Coast Line and Virginia-Carolina
Chemical preferred lost a similar amount,
Delaware and Hudson AZ, L. S. Rubber
first preferred 3, Smelling preferred and
Distillers' Securities ~. A brisk rally, led
by Union Pacific, commenced at noon, and
the market was pulled up from l to w
from the lowest for many stocks. Bonds
were weak.
l D. m-The recovery at midday prac-
tically wiped out the forenoon losses ex-
cept in the local transactions and put
New York Central and Union Pacific 141sa
above Yesterdays closing. There was n
subsequent moderate relapse in prices. and
the market became almost lifeless. Nash
vile. Chattanooga and st. Louis and
United States Reduction preferred gave
way 5 points, Virginia Iron PA and Nor
folk and Western, General Electric and
the American Car stocks ..
>. D. Implying orders became more
abundant late In the day and there was a
material rise above the low prices of the
day. All of the important railroad stocks
and the metal group sold above yesterdays
final prices. Union Pacific scored a gain
of 2Is, New York Central ia, Anaconda
11s, Northern Pacific 1% and St. Paul and
Amalgamated Copper /. Brooklyn Transit
a complete recovery, but Metropoli-
tan Street Railway fell an additional .
points to 80.
3 p. m.-The closing was strong and fair
~ active. The upward movement pro-
ceeded until the list was quoted quite
generally between l and 2 points above yes
terday's closing. Union Pacific gained
nearly 3. Profit taking tapered the rise,
but in the final dealings the market was
pushed up vigorously again. Third Ave-
nue. dropped 3A to below 20.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
THE PRODUCE MARKET.

NEW YORK, Aug. 2O.-Flour-R Receipts,
lS,lSS. sales, 1000; quiet and unchanged.
Wheat-ReCeipts, 107, 600 bushels; sales.
| 100000 bushels There was a frost scare
in wheat this morning that advanced
prices, over half a cent. Cables were also
decidedly higher. Later the market de-
clined under realizing and a reaction in
Northwest markets. September $685.;
December. 9S7s6999s; May. 109Gl03ass.
Rye-Dull; No. > Western, Sc nominal
(. o. b. New York.
Corn-Receipts, 20, 425 bushels; no sales.
Beef-Steady, family. 13.50414.00; mess,
$500 On packet, 11.C0n11. so.
Pork-Steady: mess. II. 75M1S.25; family.
1909; short clear. 16.75M17.75.
Ldrd-Easy: Western prime. S.S5GS.9o.
Sugnr-Raw, quiet; fair refining, 3.99;
centrifugal 96 test, $50; molasses sugar,
400. Refined, steady: crushed, $40; pow
dered, 30; graduated. SEQ.
S.45.
cofeemzsteady; No. 7 Rio, SIS; No. a
enthusiastically; New Orleans, s7a4s.
Butter-Firm receipts. 3,405; creamery
common to specials, 20m251a: Western fac
tory common to extra, 1Sta021k.
Cheese-Firm; unchanged: receipts, 8. 400.
Eggs-Firm: unchanged: receipts, 13, 536.
Poultry-Alive, firm; Western chickens.
10; fowls, 10; turkeys, 10. Dressed, steady;
western broilers, 17420; turkeys, 12Q15;
fowls, 14M15.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
IMMUNITY FOR ALTON.
Attorney-General Bonaparte Denies a
Current Story About the Matter.

WASHINGTON. Aug. 2O.-Attorney-
General B~onaparte said today that the
question of granting immunity from
prosecution to the Chicago and Alton
Railroad for giving rebates to the
STANDARD Oil Company had not been re-
ferred to Judge Lands, of Chicago, for
determination, as stated in a published
report, and he declared tina he himself
will determine whether immunity shall
be given.
Mr.. Bonaparte will leave Washing
ton tonight for Lenox Mass, where he
will emain a couple of days. He will
then return to Washington, when he
beIeves he will be able to make a
public announcement of his dicision In
the matter.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
STOCKS FELL AGAIN
ON EXCHANGE TODAY.
But They Rallied Later 0n-Liquidation
in New York City Traction Issues
Suffer Heavily.

NEW YORK. Aug. 2O.-Prices of
stocks fell in the early trading on the
Stock Exchange today under the in
huence of liquidation in the New York
city traction shares, and an attack on
Union Pacific, Reading and the metal
stocks. The lowest prices of the pres
ent declining movement were reached
in the New York city fractions and the
United States Steel stocks, and Penn
sylvania sold very near the lowest.
In the first hour Interborough-Metro
politan declined 5, Brooklyn Rapid
Transit "a, Metropolitan Street Rail-
way 2 and Reading and Smelling rs.
The market quickly became dull. rally
succeeding decline, until at midday all
the early losses except in hey local
fractions had been recovered. In the
next hour the market was almost life
less,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
THE COTTON MARKET.

NEW YORK, Aug. @.-The cotton mar
ket opened steady, at a decline of 2 to 8
points, in response to lower cables, rumors
that the drought had been broker in the
Southwest and liquidation. There was
quite a good demand from shorts for
January around 1900, and the market was
slightly more active than yesterday, but.
after a rally of 2 to 8 points, it turned
slightly easier again under local pressure.
and during the middle of the morning 8
to 4 points net lower on the more active
months.
Market was quiet but steady late in the
forenoon, with prices about 8 to . points
net higher mt midday. Spot, quiet; mid
ding upland, 1925; middling gulf, 1850.
Quotations furnished by Van Schaick & Co.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
STEAMSHIP NEWS.

NEW YORK, Aug, 20 Arrived
steamer Finland. from Antwerp.
QUEENSTOWN, Aug. 20.-Arrived,
Sarmania, from New York for Queens
town and Liverpool.
SABLE ISLAND, N. s., Aug. 20.-The
steamer Oceanic. from southampton for
New York, was in communication by
wireless telegraph with the Marconi
station here when CAT miles east of
Sandy Hook at 2:20 a. m. VIII proba-
bly, dock about 1870 p. m. Wednesday.
SIASCONSET. Mass, Aug. 20.-The
steamer Kaiser Wilhelm der Crosse,
from Bremen for New York, was in
communication by wireless telegraph
with the station here when 10 miles
sast of Nantucket Lightship at 6 a. nj.
Will dock late today or early Wednes-
day morning,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
RAILROAD EARNINGS.

Kansas City Southern, July, gross s47,-
III. increase $1h7.927 operating expenses
500. 1896, increase $s0.649; net S31S, 3S1. in
crease s77,27S; taxes $751; 42, increase 81, 421;
surplus 1929, $3.50. increase S4,S57.
Louisville and Nashville. for year end-
ed une 80. gross $4S, 1853. GAS, increase $5.-
25f.9fJ: operating expenses $35, ISL, 302, in
crease s4.S25.O oil; charges 81, 593, SIC, Increase
$299. 942; balance SG,450. E22. increase $1O2, 145;
dividends 1915 900; surplus $3.50, 522. in
crease S102, 147.
For second week In August.
Southern, $1,0SS, i67. increase 6O,914. From
July 1. 81. 006. 1N. increase 1892, 024.
Texas and Pacific. 1894. 093. increase $780,
SIS. From January l. So lis. S75. increase
s., 066. PAP.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
TIT LONDON MARKET,

LONDON. Aug. 2o-Secretary Taft's
speech at Columbus. o.. yesterday. which
had been somewhat discounted, caused
only a momentary decline in Americans
at the opening of the Stock Exchange
to-day. after being offered at * to Y Of
a point below the New York equivalent
some gooo buying speedily wiped out The
initial decline ami impaired strength to the
market which. under the lead OF Union
Pacific. by rSm advanced a point from
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
NOW. WON'T THIS MAKE
THE ICE TRUST SIT UP?
Man Claims to Have Discovered Cheap
Waste Product That Will Preserve
Ice Indefinitely.

RHYNLANDER, Wis, Aug. 2o.-J.
M. Darrow. connected with the paper
mills here, claims to have discovered
in a wast6 product of the mills a prep
aration (which will preserve ice in
definitely.
The ~compound. it is said, can be
manufactured at a cost of torty-seven
cents for 1000 gallons. HouseHeepers
with This preparation in hand can buy
a cane of ice, coat it and have TO need
to ttkuble the iceman again all sum-
mer.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
ORDERS ROLLING STOCK.
New Even Road to Spend Twelve Mil
IONS for New Equipment.

NEW fORK, Aug. AD-The success which
New HAften, Conn. state that the largest
order 1ef' new equipment ever placed by
the Ne* Haven road has recently been
ulstrlpute1 among several firms calling for
Sl-'VVV'v& worth Of rolling stock.
nciuefA in the order are~12s locomotives,
900 u hit aud refrigerator cars. 100 pas
seneer caches and two p~alatial state room
sleepet which are a novelty for the New
HANe4 Hrstem, and Will be built at Day
toh' S17at a cost Of $500 each.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
PAssENaER AGENTS MEET.

NORFOLK, Va, Aug. 20.-The South
eastern Passenger, Association. with
membership covering all railroads south
of the Potomac and east of the Missis-
sippi rivers. met here today. There
was a large attendance. Passenger
tarin ana other matters were under
discussion.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
CHICAGO GRAIN MARKET.

CHICAGO, Aug. 2O.-Wheat opened
strong today with a fair amount of
trade. September opened hmb to
SO 4 higher at $50 to So. sold at Sc II
n then declined to SIS e. Minneapolis.
Duluth and Chicago reported receipts
of SAL cars against $50 cars last week
n go cars one year ago.
Prices in the corn pit were firm be-
cause of higher cables and cold weather
throughout the corn belt. September
opened lac higher at 55 sc, and sold at
SIS 81 a. x. Local receipts were 1872 cars
with 33 of contract trade.
The demand for oats was active, but
offerings were light and the market
held strong. September opened rs to NC
higher at 46h to 46 Is c, and sold up to
As Is C. Local receipts were 361 cars.
Provisions were quiet and steady.
There were no early sales of pork, but
1910 was bid. The closing quotations
of yesterday was 15.72h. Lard was a
shade lower at S.S21S. Ribs were I'M
to a shade lower at $500
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
NEGRO IN WALL STREET.
He Is Going to open a Stock Brokerage
Office.

NEW YORK. Aug.-The success which
has attended realty companies, mercantile
enterprises and business institutions run
by negroes in the interests of their race
has now brought about the starting of n
stock brokerage Office In the Wall street
district. 1t viii open for business on Sep
;enber l.
Robert w. Taylor. who for fourteen years
has been the financial secretary Of
Tuskegee Institute, has leased offices and
has issued an attractive pamphlet which
has been extensively circulated mona
Afro-Americans.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
DIVIDEND

North Butte Mining Company, regular
quarterly of 81 a share, payable Septem-
Der 2.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
BUSINESS AND FINANCE.

the lowest quotations. Trading generally
wa quiet. Consols were fractionally
easier.
There was som buying following receipt
of the New York opening prices but the
market closed easy with an uncertain tone.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
LOCAL SECURITIES.

The appended list of quotations on the
active local securities Is furnished by Her.
man ]. Egner. room 606 Prudential build
Di6 AGxad
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
PRICES OF BONDS.
The following quotations were furnished
NEW YORK OUTSIDE SECURITIES.

The following quotations are furnished
by Van Schaick K Co.:
Closing yester- Close to-
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20
THE CHICAGO BOARD OF TRADE.
Furnished by Byrne & Mcdonnell, stock
brokers, 800 Broad street. Telephone els.
Opening. Closing.
NEW YORK PRODUCE EXCHANGE.

Furnished by Byrne & Mcdonnell. stock
brokers, 500 Broad street. Telephone 615.
Opening. Closing.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-20

Post & Flagg say: "The market would
rally should we get anything favorable.
as a large short interest exists, but we
look for nothing more than rallies on the
shorts for the time being as everything Is
against any bull movement. On the other
hand securities are so very low 1t is hard
to see now there is room for any great
shrinlxage from the present level. Sun.
the bear party is very strong and will no
doubt from time to time make demon
STATIONS against the market"
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
A Wholesome Change.

Slavery in its best aspect implied
moral obligation. The author OF "Un-
Gle Toms Cabin" softened the terrible
arraignment by the chapters Cn the
old-style southern slaye-owner, with
his ingrained sense of responsibility
to his living chattels. With the de-
struction of slavery this standard
passed. Underlying the upward, eco
nomic struggle of the south is a story
OF savage exploitation of the negro
through his fatal self-indblgence,
Drink, drugs and debt-these three
were made the chains of a new and
subtle enslavement. Narcotics sold
by the very employers Of labor
served, on the one hand, to return to
the Golfers of the employer all that
he had paid out in wages; on the
other, to keep his black workman in
subservience. Within few years CO
Caine had been distributed as a regu-
lar ration to the emergency workers
on threatened levees, Ito keep them
up to the work" That system has,
happily, passed. The boss" who de.
bauches his men with liquor or drugs
is to-day despised; in many sections
he is not tolerated. The negro may
keep his wage if he will but work hon
estly and, not less important, consist
emily for it. With the dawning of eco
nomic wisdom has come a recrudes-
cence of the nobler spirit of slavery
days, the responsibility of the master
to the servant. The negro who
chooses to be self-supporting and self
respecting has a better chance, says
Golfers, than ever before under the
wise guardianship of the new south.
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
FIVE YEARS FOR LOUIS GLASS.
San Francisco Telephone Man Is Sen.
fenced for Bribery.

San Francisco. - Five years for
Louis Glass, was the news mes.
sage that sped with incredible rapid.
ity to all parts of the city Wednesday
morning from the Temple Sheriff.
Israel at California and Webster
streets, where was imposed the sen.
tence that brought to a dramatic close
the second trial of the vice president
and former general manager of the
Pacific Telephone and Telegraph COM
pany, convicted last week of the
crime of bribery, crime whose ex.
treme punishment under the law Of
this state is Ia years. Only a small
crowd, made up for the most part of
lawyers and newspaper men, witness
ed the imposition of sentence.
After his attorney had applied for
and been granted 80 day arrest OF
judgment, within whose. expiration
they will apply for bail and begin the
prosecution of an appeal, Mr.. Glass
was removed by the sheriff to the
county Jail.
The crime for which Louis Glass
was sentenced to San Quentin and of
which he maintains his innocence, was
the bribing of Supervisor Thomas F.
Lonergan in the sum of $4,000 to vote
against the application of the Home
Telephone company for franchise in
this city.
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
OIL TRUST INDICTED AGAIN.
True Bills Returned Against It and
Two Railroads.

jamestown, N. Y.-An investiga-
tion which was begun before the
federal grand jury in this city
early in July was concluded Friday
and the jury discharged by Judge
Hazel, of the western district of New
York. Before adjournment the jury
found four indictments, one each
against the Standard Oil company, the
New York Central Railroad company,
the Pennsylvania Railway company,
and one against the two railroads
jointly.
The indictment against the Stand
ard Oil company and those against
the railway companies separately con-
tanned 54 counts, all of them charg-
ing violation of the interstate COM
merce law, either in accepting or
granting rebates on oil shipments from
Olean to points in Vermont. The
law provides penalty of $4,000 for
each provision violated or each count;
therefore, if convictions are made ac-
cording to the indictments returned,
the three companies will be subject
to total fine of $S76,000.
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
ROBBERS DYNAMITE A BANK
TAKE $1,000 FROM INSTITUTION
IN FRANKFORT, S. D.
Citizens Held at Bay by Armed Men
Bandits Make Escape on a
Handcar.

Frankfort, S. D.-The James River
bank, at this place, was dynamited
between two and four o'clock Friday
morning and the robbers escaped with
$4,000 in cash and valuable papers.
Seven charges of dynamite were
used in blowing up the vault and the
safe Persons aroused by the eXplo-
sion were prevented from interfering
by guards who were stationed at the
front and rear of the bank. Frank
Fitzpatrick, hotel guest, who sought
to break through the line of guards,
was shot. His wound is not danger
Gus. Many shots were fired to hold on
lockers at bay.
After looting the bank the robbers
broke into a section house on the Chi
cago & Northwestern railway and Sc
cured a handcar on which they made
their escape.
A posse has been organized and is
seeking the robbers.
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
CANNOT DISMISS CADETS.
Col. Howe Lacks Authority in the
West Point Difficulty.

Washington. - If Col. Howe,
conmandant of cadets at West
Point, threatened to dismiss a
whole class because the members sent
one of their number to Coventry" he
overrated his authority, according to
the officials of the war department.
The power of dismissal in such cases
is not confided to any official of lower
rank than the president. The extent
of the commandments power would be
temporarily to suspend the offending
cadets and to recommend dismissal,
first to the superintendent of the
academy, Col. Scott, and then to the
secretary of war and the president.
War department officials do not be-
lieve, however, that Col. Howe went
to this length, and they feel confident
that the matter is one that can be
handled by the faculty and the super
intendent of the academy without ref
eFsace to the department.
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
RECEIVER FOR IRON COMPANY.
One of Bank Wrecker Harper's Con.
Germs in Trouble.

Bristol, Va.--Judge A. M. Skeen of the
United States court here Wednesday
appointed Col. L. o. Petit of Big
Stone Gap receiver of the Union Iron
and Steel corporation of New York,
owning furnaces in Virginia, Ohio,
Michigan and New Jersey. ..
The Union Iron and Steel corpora
tion is an offshoot of the Union Steel
and Chain corporation-the latter a
$60,000,000 concern-organized sever
al years ago by Edward L. Harper, for
merly of Cincinnati.
1t is reported that the receivership
is a plan of the creditors of E. L. Har-
per to uncover his assets. Obligations
aggregating several million dollars are
held by Cincinnati and Chicago bank
ers against Harper, as result of the
failure of the Fidelity bank Cd Gin
cinnati about 20 years ago. Harper
it was alleged wrecked this institu-
tion in an attempt to corner the wheat
market. For this he was sentenced
to eight years in the Ohio peniten.
tiary
The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-09-12
THE SITUATION IN MOROCCO
FROM A POLITICAL STANDPOINT
is SATISFACTORY,
But Same Can Not Be Said Of Military
Outlook, Which is Causing
Great Concern.

Paris, Sept. 9.-Dispatches from
Tangler indicate that the armies of the
pretender, Mulai Haf1x, and OF the sui
tan will meet in few days.
Despite the assurances Of the pre-
tender that foreigners will not be mo,
Tested, most of the Europeans at Rabat
are preparing to leave, fearing waye
of terror may follow the prospective
battle. ~.
Representative of the pretender
have made such strong pleas for his
recognition by the powers that the
matter is receiving serious considera.
tion. 1t is generally admitted that
Abdul Assiz has practically no control
over the southern tribesmen, while
nearly all of them have sworn allie
glance to his rival.
Another problem that has given the
powers much anxiety Is the danger
that following the installation OF the
foreign police at the several ports, the
anti-European movement may be re-
yived. Many Europeans now in Mo
rocco have warned their representative
governments that anything that loks
like further encrochment by France Or
Spain will be resented by the Moors
and that there is even strong possibil'
ity of the declaration of the long dred'
ed holy war. =
NJ. Clemenceau appears to have
struck a popular note by his handling
of the delicate situation and the vic
lent attack of the socialist leaders have
no appreciable effect. The French pub
lie feels that Premier Clemenceau is
merely carrying out the obligations
assumed by France and Spain at Alge
ciras of keeping order at the seaports
of Morocco. .... ..-...,. ... -.
M. Clemenceau declares that France
| more than any other power is inter
ested in establishing order in Morocco
especially along the Algerian frontier
and that this is the only effective way
of preventing Morocco from becoming
for some European nation base fol
a policy hostile to Algeria.
From a political point of view the
situation in Morocco is satisfactory
but the same can not be said of the
military situation, which is causing
the government great concern, because
after the September equinoctial gales
the Casablanca garrison will be left tc
its own devices and can no longer de
pend upon the daily support of the
navy. Consequently food supplies
men an ammunition are to be sent
there before September 21. Serious
defects have been found in SINE oi
the warships ALSO, notably the Conde
which came cut of dry dock at tht
end of last June and took part II
the naval maneuvers, and has beer
stationed at Mazagan, but is nov
forced by the leaks discovered in hel
stern to leave Morocco and again b'
docked at Toulon. Several other ex
amples might be cited Of the perfume
tory way in which repairs are made a
French navy arsenals and dock yards