davidaulloa/AmericanStories huggingface dataset:
The Springfield herald., 1907-06-07


Stinson home ranch Tuesday
night. All of their nice crop was
either washed out or covered up.
C. K. Bullen came in with the
Lamar stage Monday to work for
w. J. Lightfoot. Sheriff McFar-
land took him to Stonington next
day.
Marion McAdam was down
from Lamar with loads of wire
and freight Tuesday. He in
tended returning by way of the
cedars.
Mrs. E. M. Whitaker and Miss
Nellie intend leaving for Kansas
in a week to attend Mrs. Whita-
ker's aunt's golden wedding an
niversary.
Miss Madge McHendrie and
her mother returned to their
home in Trinidad Saturday after
an extended trip in California for
their health.
Mrs. C. S. Blay visited rel
atives here this week. Her sis
ter, Miss Jennie Knox, visited
at j. A. Tanners during her abb
sence from Corrizo.
Mr.. Reece, a life insurance
agent from Trinidad, spent yes
terday here, having come to in
sure the life of Baca county.
Settlers are looking after that,
however.
This scribe was extended the
courtesy of a ride in Stewart &
Lamport's Orient machine, re-
Gently, which was much enjoyed.
Quite number of others were
given the same kind treatment.
@ lite general attendance of
tax title owners at the meeting
Tuesday afternoon. The propo-
sition of certain attorneys to clear
titles was voted down by the as
sociation. A goodly number are
intent on going ahead with the
work, however.
A "red devil" which left Den
yer Saturday evening at 5 p. m.
and Las Animas Monday morn
ing passed through about 8 p. m.
Monday. The occupants of the
auto, Edwards & Baughman, real
estate men of Plains, Kans., in
tended going to Richfeld, Kan
sas, that evening. They had
gone to Denver in their machine.
Judge Hunter, District Attor-
ney McHendrie, Court Steno-
grapher B'aunt, Attorney Hill
yer and Mr.. Maxwell, Chauffeur,
came down from Lamar Tuesday
in a big auto arriving at one
O'Clock for the regular term of
the district court. The party
left yesterday, Immediately after
the jury was excused and the ad-
iournment of court.
Little Wilson Haney, who hes
been receiving treatment for his
eyes and attending the state
school for the blind in Colorado
Springs, returned with his sister
this week and was met here by
his father. His eye-sight is i'm
proving and he has done well in
his studies. 1t will he remem-
bered that Wilson was horse
kicked in the eyelast September.
He will return to the school in
the fall for the full nine months
term.
|
C. Frost Liggett, receiver of
the U. S. Land Office in Lamar
and newspaper man of promi-
nence, and Judson Bibb, mana
ger of the Lamar Electric Co.
came in from Lamar late last
evening. They We're delayed at
Bear creek in the nice. sandy
crossing" above the dam with
d steam power auto. Mr.. Bibb
is spending the day making re-
pairs on his machine while Mr..
Liggett is looking after business
matters. They intend returning
to Lamar tomorrow.
The Springfield herald., 1907-06-07

Says |
To myself-says L
The Denver Post is
The paper to buy
Says |.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
VENNER'S SUIT REACHES
FEDERAL SUPREME COURT.
Wants James J. Hill to Divide 100000
900, Which It Is Alleged He Made
in Burlington Deal.

WASHINGTON, Oct. 1z.-An appeal in
the Supreme Court of the United States
was filed today in the suit of Clarence II.
yenner, of New York, to compel James
]. Hill, president of the Great Northern
Railway, to restore to the plaintiff, as
owner, 300 shares of the Great Northern
stock. as well as to the other stockholders
of that company, the profit of $l0,0O0,O0O,
which Hill is alleged to have made by
purchasing in 1900 and 1901 $25, 100000 worth
of Chicago, Burlington and Quincy Rail-
road stock at an average Of $3.50 a share
and then selling it to his own company for
500 a share.
The Supreme Court is asked to remand
the suit back for trial to the Supreme
Court of the State of New York, where it
was originally brought in May, 1907. At
that time, on petition of the defendant,
the suit was taken to the Circuit Court
for the southern district of New York. on
| the ground of adverse citizenship. This
court dismissed the suit on the ground
that the plaintiff did not own his interest
in the Great Northern Company at the
time the injury complained of occurred.
1t is alleged that it is not necessary. for
this showing in the State courts of New
York.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
MAY CLOSE IRON WORKS.
schwab Says Union Plant Is a Loss
Favors Pacific Fleet.

SAN FRANCISCO, Oct. 17.-Charles M.
Schwab, former president of the United
States Steel Corporation, arrived in this
city yesterday. When asked If he came at
the instigation of the government to ar
range for the care of the big fleet in De-
cember, he said he was not at liberty TO
discuss the situation. He said:
II am here to determine whether I shall
continue to operate the Union Iron works
or to close them down for good. There
is no truth in the statements that a sale
of the works to the government is con-
templated. We have lost money contin-
ually during the three years we have
owned the plant. On the last contracts for
three warships we lost 50. zoe, COO. We have
been hampered by a scarcity of labor and
by industrial troubles. 1 intend to go over
the situation carefully, and if l decide to
keep the works open they will require
considerable additions. The plant at Mare
Island is insufficient for the maintenance
Of the fleet"
Mr.. Schwab thought a fleet on the Pa
ci1c was a necessity, as this coast was
as much in need of protection as the At
lantic. Concerning his Investment in Ne
vada mines he said he wal greatly dis
appointed in that country, although most
Of his own investments had proved salts
factory.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
MONEY AND EXCHANGE.

Call money in New York 5@7 per cent.
New York Clearing House statement: EX
changes, 1907, 600, 6S1; balances, l ,3ls.104
sub-treasury debit for S1,121. 9s1. Sub
treasury gained 1851, 900 from the banks
yesterday and since Friday 1t has lost ST.
$40, 300. Time money market was closely
held at z per cent. for ninety days. For
other periods s per cent. is bid UP to six
months. The banks and other lenders re-
newed standing call loans today at 6 per
cent. Tbe maximum rate was z per cent.
and the minimum 5 per cent.
Commercial bar silver in New York CO.'S
cents; Mexican dollars 471s cents; bar sii-
Yer In london rs 1-16d premiums on gold
ut Madrid 1925; at Lisbon 8.
Paris rentes "a francs l22 centimes. Paris
private rate of discount, 49, per cent; ex-
change on London % francs l2b centimes.
Berlin private rate of discount Az per
cent. exchange on London 20 marks 4S1s
pigs.
Money on call in London, 2k@3 per cent.
Rate of discount, for short bills, 4G4A per
cent; three months bills, fAQ4ss per cent.
Consols for money, 50 11-16d.; for account.
~ 1-16d. An engagement of e100,000 gold
was made by the Bank of England for
shipment to Constantinople, and 1t was
also a purchaser in the open market of
gl2,O0 bar old. The minimum rate of dis
count of the Bank of England is I'M
changed at AZ per cent. Weekly statement
of the Bank of England shows total re-
serves decrease. e302, 000; circulation de-
crease, e272,0OO; bullion decrease, e574, 900;
other securities decrease, .s2,325, 900; other
deposits decrease, f2,414.0OO; public de-
positis decrease, Ell, 247, 900; government
securities decrease. 91,OO0.000. The proper
ton of the banks reserve to liabilities is
now 40. 40 per cent, against 46. so per cent.
last week and compared with an advance
from S51s to S7% per cent. in this week last
year.
Foreign exchange market held a steady
tone. Demand sterling was quoted 4.S620Q
4S6h; cables, 4.S7@4S710; sixty-day bills
4S2S5@4.s24 short francs, 5.167s plus 1872
and short marks, "a 1916 less 1-S2.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
IMPROVEMENT NOTED
IN MARKET FOR PIGlR0N.
Tightness of Money Causes Decrease in
Demand for Structural Material,
However.

CLEVELAND, o., Oct. 17.-The Iron
Trade Review in its issue today says:
1.-THE only important sales of pig iron
during the past week have been of steel
making grades, but close students OF the
market believe that there has been some
Improvement in the situation and the gen
eral tone is stronger. As evidence they
point to the fact that at least three large
Eastern producers have made low prices
to complete their bookings for the year,
and have taken on about all the tonnage
desired without sending the market on
a panicky d~ecline,s and, in fact. without
causing a number Of furnace, interests to
lower their original quotations to any great
extent.
1.-The tightness of the money market is
still reflected in the decreased demand ior
structural material, but many important
improvements are pending and will be car
ried out if financial conditions permit.
New business in sheets is not large, speel-
fcations are only fair and competition con-
tinues to bring out lower quotations some
purchases of tin plate are being maze py
companies which underestimated their re-
ouirements, but the amount OF business Is
not large. Manufactures of merchant pipe
are being crowded for deliveries on con,
tracts, but new orders are not numerous
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
WIDENER AND RYAN NOT
OUT, SAYS PHILADELPHIA.
Story That the Two Traction Magnates
Have Parted Company Is
Discredited. ,

PHILADELPHIA, Oct. 17.-From a close
friend of p. A. B. Widener, the traction
It was learned that there Is no
truth in the report current in Wall Street
of a break between Widener and Thomas
F. Ryan. the New York capitalist. These
rumols have 1t that as a result of the
disclosures brought out in the probe Of
the Metropolitan Securities Company az
fairs MI. Wideper has cut away from
MIR. Ryan and cast his lot with August
Belmont ana his associates.
Mr.. Widener is still unable to leave his
home because of illness. 1t has been
rumored that Mr.. Widener's present illness
has been brought about through worry
over the Metropolitan disclosures. This,
however, is denied by his friends, who as
sert that he is suffering from an attack of
his ola enemy, rheumatism, which showed
signs of its temperance before Mr..
Widener's name was mentioned in connec-
ton with the Brady checks.
So far as could be learned, papers have
not vel been served on either Mr.. Widener
or Mr.. Dolan in the suit recently instituted
by Daniel w. Burrows, a Chicago broker,
who WINS Metropolitan stock and wants
restitution of moneys alleged to have been
wrongly diverted from the Metropolitan's
treasury.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
PROXIES NOT
DUMPED ON
TABLE
Hartman COunsel's Request
for "ShOw Down. Refused
by Fish Lawyers.

CHICAGO. Oct. 1.-THE meeting of the
stockholders of the Illinois Central Rail
road was adjourned until late this after
noon No vote was taken OF the election
of directors.
During the debate between the attorneys
that preceded the calling to order of the
melting, Mr.. Cromwll, as counsel for Har-
rlman. proposed again that q SHOW down
should be had. He asked that all the
proxies of both sides be thrown on the
table In the stockholders meeting, and
that the conflicting proxies be ruled out
This would kill off all the revocations, and
the proposition was emphatically refused
by the attorneys for Mr.. Fish. z
An hour after the scheduled time the
meeting was called to order by President
Harihan, who said; THE proxy committee
Is not ready 10 report, and we will wait q
few minutes to see IL they can give us
anything definite before we adjourn
The meeting then settled down to an
other period of waiting, and during this
time Mr.. Harahan pulled his chair up to
the press table and declared he believed II
would be an excellent thing for the coun-
try if cooperation could be secured be-
tween conflicting interests without recourse
to such examinations as are conducted bs
the Interstate Commerce Commission anc
similar inquisitorial bodies.
'"The attacks on capital that have beer
going on throughout the country for &c
long he said, ARE enough to make a MAJ
sickff
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
TO BOOM MoNoRAIL.
Company Organized at Atlantic City for
That Particular Purpose.

ATLANTIC CITY, Oct. 1z.-Philadel-
phians who nave organized the Atlantic
City Monorail and Amusement Company,
with $250,0 0 capital, yesterday leased 15C
feet Of beach front In front of the Hotel
Windsor for the purpose of erecting a new
steel pier.
The primary purpose Of the enterprise is
to exploit the Ellis monorail railway, a
section of which will be operated by grav-
ity from the boardwalk to the sea end OF
the pier, a distance of 1000 feet.
The company includes George Cochran,
president; Walter R. Furness, vice-presi-
dent; Henry Cochran, jr., treasurer; Robert
j. w. Rooms, a Walnut street broker, Sec
rotary; G. Jason Waters, Malcolm S.
Huey and Mark st. G. Ellis.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
STOCKS AGAIN
TUMBLE IN
PRICES
Failure Today
Adds to the General
Panicky Feeling.

NEW YORK, Oct. 17.-Under the COM
bined influences of the collapse of the
United Copper Company, and the failure
of Gross & Kleeberg. added to the gener-
ally pessimistic sentiment that has pre-
vailed for weeks past. the stock market
today opened nervous and soon developed
A weak, r~eactionary tone. Southern Pa
cihc and the copper shares were decidedly
weak and there was heavy selling of the
United States Steel stocks.
The consequence was a break in some
issues through the lowest prices touched
Yesterday. Union Pacific, in the first forty
five minutes of trading, sold down to 1858,
Amalagamated Copper to 1875, Reading to
S6ss. st. Paul to 112A and Northern Pacific
to 116.
Sentiment was further unsettled by news
of the failure of Halter, Soehle & Co., an
old banking house of Hamburg, Germany.
with liabilities of from $S,500,0 600 to $3.50, 900.
The firm did a large business with Euro
pean industrial Concerns.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
.HEINZE QUITS
PRESIDENCY
OF BANK
Brothers Firm Is Sus-
pended From New York
Stock Exchange.

NEW YORK, Oct. 1.-THE financial
troubles growing out of the rapid de-
| cline in the price of United copper
shares following an unsuccessful at
tempt to corner the stock, eliminated
today in, the resignation of the presi-
dency of the Mercantile National Bank
by F. Augustus Heinze and the an
nouncement of the suspension of otto
| Heinze & Co. on the stock exchange
While the firms suspension from the
privileges of the exchange became ell
fective at once, a representative of the
Heinze interests said an assignment
had not peer made, and h a 1t was
hoped to straighten out affairs in a
short time.
n. Augustus Heinze, in his statement
of resignation, said he retired from
the presidency of the bank in order to
be free to devote ample time to the
task of rehabilitating his brothers
firm. w. B.. Ridgely, Comptroller oil
the Currency, has been invited to be-
CEN, president of the Mercantile Ma
tional Bank, out so far has not lndl-
Gated whether he will accept.
The troubles of Otto Heinze d co
and the failure of Groos & Kleebere
Yesterday resulted directly from the
generally unfavorable condition of the
copper market.
r. Augustus Heinz has been a promi-
nent figure in New York financial circles
since the settlement of his long-draWn ou'
litigation with the Amalgamated Copper
interests over Heinze's Montana properties
ar was understood that he received large
sums in rash as part of the settlement
agreed upon. 1t was soon afterward ina
he became president of the Mercantile
National Bank, one of the large financial
institutions of the city.
Late last night there was a conference
on the situation at the home OF Charles
w. Morse, who also is heavily interested
in the bank. AT the close of this CONFER
ence 1t was rumored that f. Augustus
Heinze had agreed to resign the bank
presidency today and that he would be
succeeded by William b. Ridgely, comp
troller of the currency. Mr.. Ridgely, now
ever. denied tina he had accepted the
presidency of the BAN
F. Augustus HeinZe is one OF the mos
picturesque and remarkable figures II
American finance. A graduate of the Co
lumbia School of Mines. he went West
almost without capital and began the de-
velopment of copper properties which
brought him into conflict with the great
Anaconda Company. now a part of the
Am~algamated Copper Company. This con
f1ict lasted for years and was fought from
court to court until about a year g d
compromise was effected. The terms OF
the peace agreement were not made pub
lie. but 1t was known that Heinze receivcd
enough as his share to make him several
times a millionaire. =
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
ITS FIRST RAILROAD.
New Line will Be in Operation in
Lower California Soon.

SAN FRANCISCO. Oct. 1.-THE first
railroad ever built in Lower California
will be in operation in a Few Gays ana
viii come under the jurisdiction of
D.. e. Calvin, general manager of the
Southern Pacific.
This line was built by e. 5H. Harri-
man and is known as the Inter-Cali-
fornia Railway. 1t runs southwark
from Calexico as far as P~aradones, BIZ
miles from Calexico and 81 miles from
the ~ternation boundary. 1t extends
down the peninsula of Lower California.
It will in all probability be continued
to the mines.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17

Official notice Is given that tennessee
Coal, Iron and Railroad Company sub
seription receipts for new stock, first in,
stallment. 20 per cent, nave been admitted
to quotation in the unlisted department Oh
the New York Stock Exchange.
Sales of stock on the New York StocR
Exchange since January / have been u
per cent. lighter than during the same
period in 1906, and sales of bonds Is pei
cent. lighter. Twenty representative
railroad stocks are selling 80 per cent.
lower than at this time a year ago and
twelve industrials % per cent. lower. On
the other hand. wheat is AZ per cent
higher than a year ago and corn % pei
cent. higher. Call money is about tne
same, but commercial paper is almost l
per cent. higher.
Stockholders of the Union Electric Light
and Power Company, of st. Louis. a
s~ubsidiar" of the North American Com
pany, will act on a proposition to increase
its capital stock from $40, 900, 900 to $lS,Ooo'
OW on December 2.
The gross tonnage of the Baltimore and
Ohio Railroad Company for the fiscal
year ended June 30 last was SIS, 44S, 265, as
compared with 81. 1886, 102 tons for the
previous year. The passengers carried
during the fiscal year were about Is, $50, 600
against II, 26I, 1902 in 1906.
A large number of bond houses have
orders on their books to buy New York
City Az per cent. bonds at a tri1e under
the prevailing prices. Some of the orders
were executed around 106, and 1t is believ-
ed that IL the market got around 1851, so
that large blocks could be bought at
arnund TINT ratio fhare would ha some
heavy buying by out-of-town investors.
Interstate Commerce Commissioner Lane,
who has just returned from a trip through
the West, says there is no depression in
business out there. The farmers are
prosperous, the railroads are burdened with
traffic. AID the banks have a plentiful
supply OF money.
The Illinois Senate has adopted a reso-
luton providing for submission to the peo-
pie of a constitutional amendment for a
10000, 600 bond issue to proceed the deep
waterway project.
Exporters are continuing to buy wheat,
and yesterdays sales. amounted TO over
1,OOO,OO0 bushels, while negotiations are
known to be under way for a considerable
amount in addition. This large business is
AiIdO DOASADlC ~ Nv - 80 80 SC
price, which brought quotations down to a
level where exporters can execute the or
ders they have ON hand.
Post & F1agg say: "Of course, all sorts
of rumors are current in times like these,
but the wonder is that Stock Exchange
firms and financial institutions have stood
the strain as well as they have. 1t is
certainly no time to sell stocks by any
body who can possibly afford to hold
them, and the only thing to do is to go
as strong and cautiously as possible
At the New York Metal Exchange an
irregular tendency was shown. Copper
continued on its downward journey, with
no support from any source to stem the
tide.
Owing to the lack of a quorum the
directors of the Knickerboeker Ice Com
pany adjourned to October %.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
THE 7 7 MARKET.

NEW YORK, Oct. 1.-THE cotton mar
ket opened steady at an advance OF III
points to a decline of l point, the near
months being relatively firm as a result
of continued bull manipulation, while the
later positions felt the influence of good
weather in the South, and reports that the
recent cut by large Western dry goods
jobbers had been followed by cancellations
in the Eastern markets. Sentiment was
much confused and fluctuations Immediate
ly following the call were irregular, but
the bulls seemed TO control the near posi-
lions and during the middle of the morn
ing prices were about 4 to s points net
higher on the active months generally:
Tho market was weak late in the fore
noon, under rumors that offerings of spot
cotton from some Southern points were on
a basis permitting of deliveries on nearby
contracts here, and prices sold off to a
net decline of 2 to 7 points, although De
cember continued to maintain a substan-
tial premium over the January option.
Quotations furnished by Van Schaick d
Co.. I'M
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
; NO. Z re, ga; NC. 4 Sam
THE LoNnoN

LONDON, Oct. 1.-THE rate of discount
OF the Bank of England remained I'M
changed today at Az per cent.
The decentralization in New York yester-
day caused a drop in American rails on
the Stock Exchange this morning OF from
l to 4 points, compared with yesterdays
closing prices, Canadian Pacific, which
lost ~ points, and Southern Pacific, which
declined q OF a point, being the weak
spots. The movements were sharp and out
of proportion to the amount OF stock Of
fered. which was only moderate. The BUSH
ness transacted was principally profess
sional.
Copper shares were also affected by the
Wall Street news. Amalgamated and Rio
Tinto fell 11s points, Anaccrda went down
half a point and Boston declined Is.
Receipt of the New York opening quota
lions depressed prices further, but a mod
crate rally occurred and the market
closed uncertain.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
NEW JERSEY CORPORATIONS.

TRENTON, Oct. 17.-certiaeates of in
corporation were yesterday granted to the
following companies:
Hasbrouck Realty Company; registered
office. Jersey City; agent. FreSE Jones;
capital stock, $125, 900; incorporates Alfred
r, Bone, Walter S. De Ronde lid Fred
Jones; to deal in real estate.
Nehr Sanitary Bed Company: registered
office. Hoboken; agent, Horace l.. Allen;
CAPITAL stock. 100000; incorporators, Her
man Nj. Wendi, George II. Steel and Her
man f. Nehr; TO manufacture beds, etc.
The United Hay Company. registered
office. Newark agent Abraham Kaiser
ham Kaiser. Fanny Kaiser and Esther
Kaiser; 70 manufacture food products,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-17
ANGRY Jury D~ISAGREES.
H. H. vreeland Will Not Have to Pay
$4,000 Damages Just Yet.

NEW YORK. Oct. 1.-THE jury,
which has been hearing evidence in
the 100000 suit for alleged libel brought
by William N. Amory against H. H.
Vreeland, president of the Metropolitan
Street Railway Company, reported to-
day that they had failed to reach an
agreement.
This was the second trial of the case,
the first trial also having resulted in a
disagreement. Amory's suit was based
upon statements which he alleged Vree-
land circulated in connection with AM
ory's attack on the Metropolitan Street
Railway Company.