davidaulloa/AmericanStories huggingface dataset:
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1907-06-06

Oh N ID FOX ~h
BOOK -EYl
| sivcs yaEaahie iafor. ~ a4r~y
nation tho paint <a4{D 81
| subject Sent free
upon request. ,.9s sg4y. Fsts .nark !
NATIONAL LEAD COMPANY
Clark Ave. and 10th ST., St. Louis, Mo.
For Sale by Al Dealers.
>>>>>>> >>e>< >a>>>
WANT COLUMN, {
>>>>>> >>>>>>
WEATHER Tonight and Friday
probably scattered showers. Max
SIS. Min. GA; Rainfall 10.
Manitoba delivery boy. Acme
Ice Cream company. 81
LAWN MOWERS sharpened and adj
justed at Arthur Mackoy's shop. If
UMBRELLAs-Re-covered and re-
paired at Arthur Mackoy's shop. tt
FOR fire and tornado insurance see
Burleson e Veazey over Matthews
Bros tt
FOR RENT-One four-room house
on Water street. See Mrs. D. L.
Nichols. tt
FOR SALE OR TRADE-A fine old
style piano in good shape. A bargain.
d, Pickett. So
JUST received another car of White
Wolf Stock Food Osce Gahagan at
John Singleton's warehouse. tt
FOR SALE OR TRADE-New up
right piano. VIII trade for lot in
Waxahachie. Call new phone 291. oh
LOST-Open face, silver case watch.
Lost between College street and
Ovilla road. Return to r. p. Grimes.
55pd
WE insure your property against
fire and cyclones. Yourself
against accidents. w. L. P. Leigh &
Co II
LOST-Between residences of Sam
uel Fisher and Mr.. Byers on Water
street, a garnet pin set IN gold. flh-
der will be suitably rewarded. ).
Fisher. oopu
WANTED you to know that we rem
ovate old mattresses and guarantee
them to be as good as new. All WORK
called for and delivered. Old Phone
No 30, Waxahachie Mattress co. II
AIORING-We have the best
equipped shop in town for dong
YOUR work. Give us trial is all we
ask Ladies work gets our special
attention. Calvin Brothers. Both
phones
SEND us your repairing and press
ing All our work is done by the most
skilled workmen and guaranteed 10
be satisfactory. Porter VIII can 10,
ALI packages Both phones. Hos1oru
L. Brown
FOR RENT Two rooms cone bed
room and one dining roomD holh
nicely furnished city water, batu
and electric lights. Price only SN.Vt
per month until Sept. I Call at 'll.
College street
AN EXPERIENCED TAILOR Is IN
charge OF our shop and superNlses an
work done. Thus you are assured "'
first class work when LETT with us
An work called for and delivered
promptly. Phone "a. Matthews BIOS
APPEARING OLD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
FINANCE AND TRADE IN
MARKETS OF THE WORLD

York, and indirectly causing trouble in
other directions. which upset copper
shares. as well as American rails. here.
This, however. cleared the air to some
extent in the American department and
prices rebounded yesterday under bear re-
purchases. only to slump again today in
sympathy with the decentralization in Wall
street Although the final tone today was
quite firm, with a hardening tendency,
values showed a net loss for the week Of
rom to points. Southern Pacific and
Union Pacific were exceptions. showing
losses of points.
Copper shares deprecated under the
same Influences; Amalgamated declined
s points: Anaconda, ", and Boston, rs. In
strong contrast to the speculative down.
fall is the underlying strength of the gen.
era market, in which healthy invest
ment demand against short surplus stock
p II values on higher level for the week.
The Intrinsic position is considered sound,
as the recent heavy continental iquida-
ton has been well absorbed.
Trade Is good and speculative commit
ments smaller than for years past. The
measures taken by the Bank of England
to check the inroads on the bank reserve
by making the bank rate effective ere
ated more confident feeling. At the
same time this action, besides creating a
fear of dear money, is considered to be a
which will be necessary If Egypt takes
more gold than is expected and should a
demand for gold spring up in America or
Paris.
Among the foreign shares, which gener-
ally were quiet, japanese bonds are re-
ported to have been sold for American ac-
count owing to newspaper reports of the
American and Japanese controversy. but
this selling Is difficult to trace and the
quotations were only V or y Of a point
lower on the week.
The inauguration of the Marconi wire
less service resulted in a rise of u Of a
point In Marconi shares. and decline,
since last Saturday, Of 1 point in Anglo
American preferred.
BERLIN. october 19-Trading on the
bourse today was listless and prices were
weak on the New York advices and the
unfavorable reports of the situation in the
iron market.
PARIS. October 19.-Prices on the
bourse today were firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
SCOTCH RENT PROBLEM.
Special Commission Considering the
Subject.
,ecial Cablerram to The Star.

Special Cablegram to The Star.
GLASGOW, October ia committee
appointed by the secretary for Scotland
has been considering the subject of the
letting of working mems dwellings in
Scotland, and its report has now been
issued. The chairman of the committee
was Lord Guthrie of the court of session
and the members included Mr.. G. B.
Esslemont. M. P, and Sir John Stirling
Maxwell. bart. The report goes with
much detail into the whole question of
house-letting in Scotland The specific
grievances which the committee had to
investigate We're the practice of letting
all but the poorest class Of house for the
whole year instead of by the week or
month, as in England; the further prac-
tice OF calling upon such tenants to con-
tract for their houses four months be-
fore the date Of entry. and the custom of
demanding the local rates in one sum in
winter. when the work is scarcest and
household expenses highest. Above $50,
the committee says, practically all let's are
yearly. and about so per cent of working
class houses in Scotland are SO let. Such
houses are more substantially built in
Scotland than in England and the rents
are higher. Not only is it the practice to
let the better class OF Workmen'S houses
on yearly tenure. but if a workman wants
to rent such house on shorter tenure he
cannot do So even in Glasgow with 1900
empty houses. Again, in burghs. for
practical purposes, there IS but one re-
moval term-namely. at Whit Sunday,
May D. In England removals take place
all the year round. The recommendations
of the committee are numerous. the most
important being that a local authority
may resolve that the term OF let of work.
ng-class houses shall be the same as the
period elapsing between each payment
of rent or that the tenancy may be
terminated by three months notice on
either side. They also recommend that
no agreements for such houses made
more than two months prior to the date
of entry shall be binding AS regards
rates, they think these should be col
lected by the rating authority quarterly,
or by such installments and at such times
as they may think reasonable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
scHwAB TO ENLARGE WORKS
Will Spend a Million on shipbuild-
ing Plant at San Francisco.

SAN FRANCISCO. October 19.-Charles
M. Schwab today asserted that he had de-
cided to continue the Union iron works
and to modernize the shipbuilding and
structural plant at a cost of 81 COX, 900 or
more and enlarge its capacity.
This announcement was made in an ad-
dress to large gathering of the most in
fluential men of San Francisco in the
board room Of the Merchants Exchange.
Mr. Schwab declared that the condi-
lions of the Industrial warfare existent in
San Francisco cannot survive; that the
unusual and abnormal scale of prices for
labor imposed by the unions on capital in
this city must fall; that confidence as be-
tween themselves and in the integrity of
the courts must be restored among the
people of San Francisco; that he~is not an
enemy of organized labor. but is opposed
to the way in which labor unions are ad-
ministered today; that San Francisco
cannot help succeeding" and that this
city has before it a future greater in in
dustry and commerce and economical
achievement than in its past.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
HIGH TYPE OF PROTECTION.
Massive Vault Of the New National
METROPOLITAN Bank.

feature Of the new house of the Ma
tional Metropolitan Bank and one that
elicits admiring comments of visitors OF
all grades Is the large vault that occupies
the east end of the great room. 1t is. of
course. in a conspicuous position which
might account for the attention which 1t
attracts. but that is hardly a sufficient
explanation. In spite of the fact that It
Is partially. at least. obscured by the
grille that separates 1t from the rest of
the room. 1t Is difficult to escape from the
fascination and attraction which it's
polished metal has for even the unin-
structed eye.
In other words. without any other char
acteristic. the vault. with It's solid stone
walls and In the center a great round
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20

combination of glittering steel and polish
ed glass; arouses the curiosity and holds
the attention. Very few of those who see
1t understand the mechanism of the lock.
1t Is. however. not necessary to under
stand In order to admire the beauty of
the steel work. AS an exhibit of the
latest thing of the sort in the way of
burglar. fame -defying place for money
and valuables 1t IS an object of interest
to those who are posted as to such con-
trvances.
1t Is sufficient for the average citizen
to look at and admire thing of
beauty. At the same time 1t is interest
Ing to know that 1t cost a good deal of
money. something like $25 600: that It has
Innings of steel with concrete floor and
top and outer covering Of massive blocks
of stone. The round door instead of the
usual rectangular shape Is also some thing
new and the view when It is flung back.
not only of the mechanism of the wonder
full locks. but of the interior lined with
shining metal. forms a good representa-
ton Of protection in its amplest sense.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20

law, and both chums Of President Roose-
welt, have been badly hit in the stock
market Indeed, the liquidation for the
account of these gentlemen Is said to
have made some low prices one day this
week. notably in Atchison, Tobacco and
one or two other things. Thomas F. Ryan
brought both Mr.. Morton and Mr.. Shonts
to New York. In order that Mr.. Shonts
might have pleasant recolections Of his
election to the presidency of the INTERIOR
ough- Me tropolitan Mr.. Ryan let him into
a big block Of the common stock at 35 to
49, He also allowed Mr.. Shonts to take
Paul Morton into the combination. 1t has
not yet been disclosed who sold them the
stock, but the price steadily declined to
around g. The Roosevelt chums have aged
ten years in appearance In the last sixty
days.
Mr.. Ryan. not content with putting his
proteges. Messrs. Morton and Shonts, into
Traction stocks at attractive figures, Is
said to have permitted an army Of en-
ployes of the tobacco trust to buy the Sc
curitfes of that corporation some months
ago, when market quotations were great
deal higher than they are now: There was
generous distribution of Tobacco, stock
among the. -high-salared managers Of
the selling departments of the United
Tobacco Company and today there Is
weeping and waflin8 and gnashing Of
teeth among them.
Traction hooters are trying to make a
scapegoat of the late w. c.. Whitney. Mr..
Whitney, being dead. cannot make de-
Tense against the charges which are being
directed toward his memory, and as no.
body else is volunteering word for him,
it is not improbable that he will have to
stand the brunt of the exposures now be-
ing made. The testimony of Anthony N.
Brady has given the inquisitOrs a tangible
lien and they are doing great work in the
uncovering of Traction iniquities. They
may yet land bunch of rich malefac-
tors behind the bars.
Without regard to the immediate results
Of the Illinois Central contest for control,
there are multiplying evidences that E. H.
Hartman is losing his grip in Wall street.
The financial district is more solidly
against him than ever before. He is rec
ognized as a continual source of popular
irritation and his elimination is demanded.
There are signs of breaks among his fol-
lowers and associates. Alone he will not
be able long to stand UP against the COM
binations formed to shelve him. or at
least force him into less offensive con-
spicuity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
Financial News Letter
BY W. G.. NICHOLAS.
Special Correspondence of The Star.

NEW YORK. October 10, 1907
Events have followed one another in
Wall street with startling rapidity this
week. Some Of the things about which
the whisperers have been busying them
selves for the past month or more came
to pass. Not the least important Of these
happenings is the elimination of the
Heinze party from the Metropolitan Bank
ing arena. The Heinzes forced them
selves into the New York banking and
stock exchange field about six or eight
months ago. and their invasion was un-
welcome. Conservative bankers and stock
exchange interests looked askance at the
Montana crowd from the outset. AS an
overload Of mining camp F. Augustus
Heinze. leader Of the invaders was all
right. AS a resourceful and partially sue
cessful foe of Standard Oil in a spectacu-
lar fight for valuable mining property In
Butte he had made name, fame and for
tune. AS Wall street Napoleon he has
flashed dazzlingly athwart the skies a few
months ago has dropped to the ground. It
Is altogether probable that Fritz Heinze
will be factor in the copper situation for
a good while. but as a f1nancier he may
properly De CFdSSeo dS uedu one. Inc
financial passing Of the Heinze party in
Wall street is directly the result of over
speculation in the stock market and over
extension in mining exploitation. AS long
as times were booming his kind Of a play
was all right but in a season of contrac-
ton and widespread tendencies toward
conserva tism he found himself overbur-
dened with enterprises and obliged to
come to standstill There are many peo-
pie In Wall street who openly rejoice at
his discontinue, yet after all Heinze is
no worse than many men who are reviling
him and who talk slghtingly of the man
bles with Heinze is that he was too raw
too much given to coarse work. and
sometimes too forgetful Of the niceties of
business life. Heinze is young man,
however, and II he sticks to his speciality.
mining, he will continue to be heard from.
The street has known for weeks back
that important interests and individuals
were in straits and that extensive liquida-
ton would be necessary before the stu
alton could be curcl. This liquidation
has been going on steadily and there are
indications that the worst of 1t Is over.
The developments have marked the pun
ishment Of overextension in many quar-
tiers. Those who have been most con-
spicuous in the metal industries have
suffered worse. The individuals and COM
binations and pools which have been SUBJ
jected to harshest treatment have been
identified with the copper companies,
smelters and United States Steel The
people interested In these several lines
of mining, smelling and manufacturing
spread themselves out over the whole field
and went into subscriptions and projects
beyond their depth. 1t was largely
matter of personal acquaintance among
| these people. They have been tnrown
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
HEARDON CHANGE

w nile Values VI securities lSteQ on tne
New York Stock Exchange have been
crashing downward and with apparently
no bottom in sight the market for local
stocks and bonds has been but slightly
affected. What recession in the figures
have occurred is attributed, generally
speaking, to the financial readjustment
and liquidation that seems to be in
progress In the greater market.
In other words there Is nothing in the
current situation that Is looked upon as
unfavorable, and the almost entire ces-
sation of business Is due to the uncer-
tainty as to what is likely to be the
result OF the movements In the general
market. By tacit understanding there
has been no attempt to force the market.
and with the exception of a gradual seal
ing down in prices practically through
out the list the local securities have
passed through the present disturbance
in very creditable manner.
The same may be said OF the financial
institutions here, all of which conf1ne
themselves to banking business as 1t
was understood before the days when
promotion schemes and other individual
enterprises were financer with the money
which was placed in the keeping Of such
institutions. At such q time as this
everybody is glad that some OF the phases
of high finance never found a foothold
in this city.
At the same time there is another phase
of the situation which is an element of
strength. and that IS the steady increase
in the banking resources of the city It
is also evident that more and more the
money of the community Is being brought
into the banks. One thing that shows this
is the increase in the number Of savings
banks in this city. While they have
been adding to their business, the other
Institutions have been doing the same
thing, so that even when the growth Of
the city Is taken into consideration there
must also have been going ON a change
in the habits Of the people in placing
their savings in the charge Of some insti-
tuition formed for that object.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
MANCHESTER CLOTH MARKET.

MANCHESTER. England, October 10
The cloth market last week presented no
fresh features, and business was only of
moderate dimensions. Many offers were
too low for acceptance India provided
the bulk Of business in such cloths China
did very little, the decline in the rate Of
exchange checking business in that quar-
ter. Egypt. Japan and South America
provided small miscellaneous orders
Yarns met better inquiry and sold in
larger quantities at unchanged quota
lions. Fine American cops commanded
the most attention, but wefts also were
in demand and showed an improved DO
sition. The export business was mod
crate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
Evangelical General Alliance.

MILWAUKEE,, Wis, October 19.-The
Evangelical general alliance today adopt
ed resolutions denouncing dancing, smok-
ing, theater-going. card playing and all
efforts to raise money by questionable
methods. Thoughtless, prayerless mar
riages were lamented. Ministers were re-
quired to refuse to offic!ate at marriages
when one of the parties has been divorced
on other than scriptural grounds. The
report of the committee on ways and
means, recommending increased salaries
for ministers and presiding elders, was
adopted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20

NEW YORK, October 19.-The state
inent of clearing house banks for the
week shows that the banks hold SILL
49,, $50 more than the legal reserve re-
quirements This is an increase of
$6.527.20O as compared with last week
The statement follows:
Loans. s1,O76. SAG. 300: decrease, $685.
600
Deposits. s1,o25.711,4oo: decrease,
S326. 400.
Circulation. $51.612,4OO; increase,
$e1U,6 900.
Legal tenders. SCI. 257 200; decrease,
1851. 400.
Specie. s2O5 ,353. 800; increase, s6,7s4.-
500.
Reserve, $267 $40, 500; increase s6,443,-
100.
Reserve required, s256,427. $50; de-
crease. $S4. 100.
Surplus. s11,1s2. $50: increase, $685.
200.
Ex-United States deposits, $10,135,175;
increase. $6767 S25.
Money on call nominal; time loans firm.
but little doing; sixty days, per cent,
and ninety days. Ga per cent; six months,
q per cent.
per cent: sterling exchange fairly steady.
with actual business in bankers bills at
| 4S6O5a486.1 10 for demand, and at 49,. 25a
23a for sixty-day bills; commercial
bills. 4S1Aa4S1T: bar silver. 60; Mexican
dollars, 411s; government bonds easy:
railroad bonds weak.
The Financier says: Last weeks off,
cial statement of the New York associated
q riciv
had been expected that the bank returns
would show an increase in cash, andy
| reason of contraction in loans and a de-
crease in deposits, and hence in reserve
requ1rements-that the surplus would be
augmented So great gain in cash as
that disclosed by the statement was not
however. looked for, neither was the in
crease in surplus that was indicated by
the statement.
Considering. though. the fact that a de-
cidedly unfavorable exhibit, had it been
made as a result of a close conformity
with the actual conditions Of the banks,
might have had disturbing effect be-
| cause Of the seriously strained monetary
situation, the liberal treatment Of the
averages. which appears to have been
made. may be regarded as excusable I'M
der the circumstances. The cash gain as
officially reported by the statement was
| SO, ABB. 100, or about $5.5O0.0OO in excess of
the amount Of gain that was estimated
| upon the basis of the traceable move
There was a decrease of 1896 400 re-
ported in general deposits. the contraction
| In loans more than Offsetting by this sum
the gain In cash. The required reserve
| against such deposits was reduced $S4. 100.
adding which to the increased cash was
s6.527 200 as the augmentation in surplus
| reserve to Sill. 1872, $50 Compiled on the
| basis of deposits, less those of S34,45O.-
| 100-which were greater by $685., 500 than
in the previous week-the surplus is 49,
| 1875. ITS.
Loans were contracted $6.555, 500, doubt
| less the result of liquidation of specula-
| tive and other accounts on the stock
market. The excess Of loans over de-
posits was $6.000,000 less than that which
was shown in the week of October r..
The daily average of bank clearings was
| 1908 000, 900. Clearings on Saturday. rep
resenting Fridays business, were $685.
| 014,9S3. Comparisons of loans by indi-
vidual banks show that five institutions
contracted this item by $4,000, 900 net
eight banks gained $500, 900 net cash.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
THE GRAIN MARKETS.

CHICAGO. October ia revival of
bul!ish enthusiasm in the local wheat mar
ket today advanced prices more than &c
above yesterdays final quotations. At the
close wheat for December delivery was up
3E. Corn was up p. Oats also showed a
net gain OF q. Provisions were a shade to
TIC higher
The buoyancy in the wheat pit was in
evidence at the opening. initial quota
lions showing gains OF from u to 1%c.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
NEW YORK METAL MARKET

NEW YORK, October 19.-As usual in
the absence of London cables, there was
no quotable change in the metal markets
and trading was quiet. Tn Is quoted
at 32.OOa32.5 80. Copper is weak. but with.
out further change at 12.50a1275 for lake
Lead, weak at 55a4.75, and spelter dull
at 5.40a5.50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
THE FOREIGN MARKETS.

LONDON, October 19.-The feature Of
the week on the stock exchange has been
the upheaval in the American market and
the uncertainty overhanging that section,
eliminating Thursday in the suspension in
tho Heinze interests In copper at New
Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-20
NEW YORK SPECIE.

NEW YORK, October 19.-Imports of
specie for the port of New York for the
week ending today were $2S,719 silver
and So, $50 gold.
Exports of specie from the port of New
York for the week ending today were
1927 800 silver and $4472 gold.