davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-10-06

Pure Drugs and Prescriptions our
specially, Halliday Drug Company,
The Washington times., 1908-03-01
NEW YORK MONEY.

NEW YORK. Feb. 29.-Money on call
was Obtainable throughout the week at
rates varying from IA 70 2 per cent
Most OF the loans were made at Ia per
cent These rates were quoted on every
day.
Time money during the week was Of
fered rather freely. Notwithstanding the
call of the Government upon the de-
pository banks for the return Of funds.
Demand, which was light. was infiu-
enced by the unyarying ease IN call
money Rates. So 10 per cent for
sixty days; 4 per cent for ninety days.
IL 20 ~ for four months. "a Cor five
months, Az 90 4% for six months, and 5
per cent for twelve months
Mercantile paper this week was issued
freely, with a moderate resultant trade.
But only high grades met with much
approval For such paper there was
fair market here and elsewhere.
Rates 81 to per cent for Endorsed bills
receivable and choice names. s 10 81
per cent for others. The sterling mar
ket was weak today, with a quarter cent
decline 10 4S63s for demand During the
week hu It's tons IN exchange rates
have been comparatively narrow. the
I1uge, until Oday, having been between
4.S55s 20 4S53s for demand bills and
4.e3-4 and Asa for cables. Today's de-
cline was affected by a more liberal Of
ferlug of bills.
Rates for actual business closed as
follows:
sixty DAYS. 4S345 TO 1880: demand.
1850 10 1855, cables. 1905 to 48710.
commercial bills were 4S21z 10 4.s51s.
The Washington times., 1908-03-01
EARNING THE REWARD.

A certain man. living in New Eng
land village, lost a horse one day, and,
failing TO fnd him. went down T. the
public square and oeered a reward of
s. TO whoever could bring him back.
A half-witted fellow who heard the
offer volunteered TO discover the where
abouts of the horse, and, sure enough,
he returned in half an hour leading him
b. the bride. The owner was sur
prised at the ease with which his half
witted friend had found the beast, and,
on passing the s. 10 him, he asked;
Tell me, how did you find the horse2.
To which the other made answer.
WAL, 7 thought 10 myself where
would I go If / was a boss; and I went
there, and he had Exchange
The Washington times., 1908-03-01
Old Firm Closes.

washington has Loot an old ana high
" respected .irm, in the decision Of
Fost &. Flagg. Of New York. TO close
their branch offices In this city, mat
tel OF economy that has been reflected
In the operations of every New York
brokerage and commission house.
Under the circumstances. one after
the other Of branch houses in Wash
fngfon have been closed, just as they
have been closed in Buffalo, Hartford,
Cleveland, and elsewhere Local con-
Germs with private wire connections
hold the fort, and will. either through
their connections IN New York, or as
members Of the New York Stock EX-
change, get the Washington business.
For some reason members Of Con
sTess have less interest in the stock
market this session than ever before.
There is no money on the bull side.
and they are not bears. It is only the
cours geous men who have pressed
stocks for weeks, and VINO still take
chances for gains on that side of the
campaign.
The Washington times., 1908-03-01
COTTON TAKES RISE
AFTER DULL OPENING

NFW YORK. Feb 29-The cotton
market was hrmer today, on a better
class of buying by local operators ana
other interests who have recently t&Ae.
tbe hui side. chiefly on the technical
Rpeculative position
The market started dull ana rather
heavy. with declines ranging from TO
8 points on disappointing Liverpool ad-
Vauces ana further unfavota bic reports
froln the drv goods districts and Eau
River.
This loss. however was soon recoV-
cred. and. before the end of the noon
hour prices had been bid up about j
points on March and NAY. the most ac-
tive oDtions over last nights closing.
Most Of this advance was sustained
10 the end of the session
The Washington times., 1908-03-01
WEEKLY STATEMENT
OF ASSOCIATED BANKS

NEW YORK. Feb 29-The weekly
statement of the associated banks Is
sued today, shows the following
changes:
Reserve on all deposits, decrease
s. 205. $50
Reserve on deposits other than United
states decrease. Sf,251.6Z5.
Loans, increase, A1ItSS 600
Specie. increase, s.. 943. f09.
legal tenders, decrease, S6l6.200.
Deposits. increase. 81. 533. $40.
Circulation, decrease S2Q54 100.
Total loans. SI.I6I, G51. 200.
The banks now hold IN excess OF legal
requirements 81, 992, 576 agaisDt sur
plus or S5S5S. 500 last year and Ej,Ge, go
Two years ago.
The Washington times., 1908-03-01
RAILROAD EARNINGS

Only a few roads have reported for
the third week Of February. total gross
earnings Of all railroads in the United
States reporting for the three weeks Of
February being Sl6, 795, 5O3, a decrease OF
l72 per cent. This is nearly per cent
larger than for the same roads for a
like period of January. Earnings Of
United States roads reporting for the
three weeks of February and for the
same roads for the corresponding time
I'm January are compared below; also
the more complete reports for January
and the two preceding months:
The Washington times., 1908-03-01
Gross EaTniugs

The roads reporting this week and In
ClUded i'm the classified statement for
January are the Pittsburg. Cincinnati,
Chicago. and St. Louis. of the Western
Trunk group. Jersey Central and Le-
high valley of the Coal group. and Chi
Cago Northwestern and 500 lines Of the
Granger systems. The first mentioned
road reports quite a large loss, also
Chicago Northwestern. The Lehigh
valley reports q loss OF 30 per cent,
while the Jersey Central reports a small
increase. The statement is printed be
low.
The Washington times., 1908-03-01
One of Youngest Men
in District Holding
Such Position.

Is. Agee BOWles has been elected
cashier OF the Potomac Savings Bank
OF Georgetown, 10 succeed William
Devereax Green. who has secured a bet
ter business oner- He Will enter upon
the duties Of his new office tomorrow
He is one of the youngest men in
the District Of Columbia holding such
a responsible position, being just twenty
six years old. lie has been connected
with the Potomac Bank since its organ
ization. gradually working his way NJ
from runner 10 cashier.
Mr.. BowIes comes from GoOchland
county. Va, coming 70 Washington H.
1880 when he entered the public schools
here. In 1892 he graduated rom BEsi-
ness High school. taking a special
course at the Army and Navy School
the same year He was elected captain
Of Company c, Of the High school ca
diets, the year he graduated.
he Is at present a law student OF
Georgetown University, and VIII grad
uate this year.
Mr.. Green's resignation is generally
regretted. but the selection O. Mr..
Rowles as his successor meets with tie
hearty cooperation of the dcpositoI's Il
81
fourishiug of the West Ends financial
institutions
AR Green handed in mis- resignation
several weeks ago. 10 take effect Feb
Tuary % MI Green was one OF the
most popular officials Of the bank and
did much toward building Il up HIS
many Georgetown friends wish him
every success in his new venture He
will engage in the real estate business.
A deed was recorded yesterday where
/ by Raphael A. Casilear and G. D. Mil
! Ier. trustees. conveyed 20 James Al
bert Howard, the twO-stOry brick dwell
/ ing al 1924 Potomac street northwest
/ the consideration being $3.50. Though
The property was put up for sale al
pubIfc auction about two months ago.
the deal could not be closed earlier on
account OF a slight defect In the title.
/ The house was built by Charles q
/ Elmer. and was sold out under sec
ond deed Of trust
Iar-o4s f0f7r-cfTF~vr brfriE dwelling
The Washington times., 1908-03-01
B. AGEE BOWLES CASHIER
OF POTOMAC SAVINGS BANK

merIy owned and occupied By the late
Fred ". Jones, has been sold, the pur-
chase being made as an Investment
The house contains about fourtoen
rooms. and has a frontage on = street
OF twenty-eight feet. by a depth Of l33.
II is one of Forrest Row. these houses
having been I'm former years occupied
BY the representatives OF foreign cOun-
tries
The Washington times., 1908-03-01

Plans have been prepared By james
ODonnell, the owner of the large ousi-
ness building al the southwest corner o.
Wisconsin avenue and + street north
vest. for extensive improvements il
IS said the building will be fitted up for
light manufacturing and drug store
purposes.
This property was purchased from the
estate Of Anthony HaniOn, and was oc-
cupied for more than thirty years by the
latter az wholesale and retail grocery
and liquor store.
The Washington times., 1908-03-01
THE CURB MARKET.

Quotations furnished by f. J. Hutton
g. Co, members New York Stock
Exchange q. Bowie Chapman, manager
I30l street northwest
The Washington times., 1908-03-01
Bank Stocks Sell Freely.

more freely. indicating a demand for
this class Of investments. Sales are not
numerous, but there is more disposition
TO hold stocks steadily. and not 20 per
nit stock offered for sale to press upon
the market, II offered az reasonable fg-
ures.
Minor stocks Mitchell Mining, Greene
Canauea, and Mergenthaler sold dur
ing the week on the basis OF current
quotations on the primary exchange,
ties.
There has been q fairly good demand
for bonds during the week with mod
crate rccoveries.
The Washington times., 1908-03-01
NEW YORK-STOCKS AND BONDS WASHINGTON
Washington Prices

Capital Traction SIS, $50OG1099t.
Capital Traction. 1OeG119.
Washington Railway and Electric
preferred 1a66, 50ll66.
Washington Gas, 25G60, 2J6l60, 2Ja60,
25I60is. 2ja16O1S, 25169j4, Z5QCO3s, 25u605s,
25qC69t. 25Q6l. 1901, 25uJl, l00Q6l
Mergenthaler, 6a19Sa.
After call---W ashingtOn Railway and
Electric preferred. 50G665a
The Washington times., 1908-03-01

Francis Carroll Mattingly. Of 800 n
street northwest. who has been I'll At
his home for several months. has been
removed to the Georgetown University
Hospital. His condition is said 10 be
critical
The Washington times., 1908-03-01
WHERE CHILDREN ARE WELCOME

There is in Paris a company when
l,1strsIcfs anartment houses that are
rented only to persons having children.
Its motto is. Save the babies, and
the plan has had gratifying results IN
reducing mortality among children In
the quarters where the houses are 10
Cated-Exchange
The Washington times., 1908-03-01
TREND Of STOCKS
IN UPWARD SWING
Local Securities Hold Firm
Against All
Odds.

The past week on the Washington
Stock Exchange has been marked By
the turning of the tide Of local securi-
ties The liquidation has ended much
sooner than anyone expected, and with
out causing the transfer of any large
amount OF stock A week ago 1t looked
very much as If there would be re-
adjustment OF values on Washing ton
investments, In harmony with the gen
eral declines that have been scored on
high-grade bonds, no less than on low
grade stocks. That New YORK values
could drop as they did and Washington
stock values hold. was not considered
possible.
As a result. there was day or TWO
of liquidation and then the offerings
ceased and the demand increased i nls
is accounted for by the fact that the
securities OF the leading public utilities
are held by hundreds. almost thousands,
OF stockholders. They are held Tor IN
Vestment and the people who own them
are not worrying about the future OF
washington or questioning the abii-
ity Of Washington Gas, or either OF
the traction companies, 10 pay diFl-
dends. Hence, when a few scary ones
found the market showing a weak ten
dency they sold. and bids were lowered
until these offerings were absorbed
when they were again advanced WITH
good results.
The Washington times., 1908-03-01
New York Bond Market

NEW YORK. FEB. 2s.-The bond mar
zet. United States Government bonds:
2s reg. 1880. l0i1s@1G5A
rs coup 1880 100.
SIS CO. reg. 1905, l91zal02
3s coup lsOS. l0l1z.
SIS small bonds. 1904.
As reg. 1925. l2zdl23.
IS coup. 1928, l13i2.
Panama Canal rs reg, 1910, l03i3.
Stock exchange bond transactions:
Virginia fund 2-3s. 30.
japanese first series as, S5is.
japanese second iiz's, S4A.
American Tobacco 6's, l0l.
american Tobacco As, 62h.
Atlantic Coast Line. Is. 50.
Baltimore and Ohio gold As, %.
Central of New Jersey SIS 123ia.
Chicago anu Alton 5iz,s, 90.
Missouri Pacific SIS, 1917. 92A
New York Central Gas, $50.
New York Central. S., 31zs, l05z.
Norfolk ana Western CVt As, S034.
Northern Pacific As. 100A.
Pennsylvania 3iA's, 1872 80.
Pennsylvania 3las s, 1915. 50.
Reading, gen. rs, @it-
Union Pacific FIRST As. 1884.
Union Pacific cvt. As, 81.
II. 5. steel. :. r SIS SIS.
Western Maryland first As, s.,
Total sales, 81 ,43Z, coo; against s., 100, 900
yesterday; holiday week ago, and
ySU7 coo q year ago.
The Washington times., 1908-03-01

The funeral of Samuel CroDley took
place yesterday afternoon from St.
Johns Episcopal Church, corner Pc
tomac and D streets northwest. the Rev.
Frederick ,. Howden, the pastor. Off
ciating. The services were largely at
tended. Mr.. Cropiey was for a number
of years bookkeeper at the Farmers
and Mechanics National Bank, OF
Georgetown.
The Washington times., 1908-03-01
FINANCIAL GOSSIP

Recuperation is making slow. yet
steady progress in the financial dis
trict.-Henry Clews.
Business depression is likely to con
tinue. until the world obtains some line
on the Presidential election.
Liquidation has been very drastic,
whether it is complete or not remains to
be seen.
The New York stock exchange has be-
come the goat for almost all the ma
lignant abuse that the always good can
direct Much Is Of the shallow kind,
that always follows panic-none or II
just.
Western Union recorded a gain early
in the week ou reports Of greatly i'm
proved earnings.
Erie directors took no action on Erie
preferred dividend. AS a result there
was a loss OF point TO the lowest price
Of the present break, October's low not
being exec Ted
Whether alleged improvements IN
Copper and Smelter were real or pre-
tended remains to develop. The general
IMPRESSION is that they were more
imaginary than real.
The Washington times., 1908-03-01
New York Stocks

Quotations furnished by Post & Flags.
members OF New York Stock Exchange. 1891
r ST. nw1
The Washington times., 1908-03-01

B. AGEE BOwLES,
Newly Elected Cashier Of the George
town Bank
The Washington times., 1908-03-01

The large four-story brick dwelling,
1881 n street northwest, which was for
The Washington times., 1908-03-01
Gas in the Lead.

Washington Gas has come 10 the front
as a leader. Despite the fight that IL
being made against 1.-THE reported fail
ure Of the proposed plan to increase
capitalization, the stock has surprised
It's friends The offerings that have
been hanging over the market have
been withdrawn, or absorbed, on the ad-
vance that carried the price from 565s
to 81. the hnaI figure of the closing day
Of the week.
A lower r street brokerage house
has led the buying but there has been
a fairly good number of orders distrip-
uted throughout the list Gas always
has been a good dividend payer. IT
would stil be a good payer at 50 cents
TO the consumer, and this is admittedly
about the worst that can happen.
A short time ago Washington Railway
ard Electric preferred was decidedly
weak. The brokers with selling orders
played them delieately, selling few
shares now and then ana trying TO
nurse the market along, fearing TO bring
an avalanche of stock on the market
That condition no longer exists There
is a market for the stock. and the price
Is higher by points. The closing sales
yesterday were az So, and none offered
below 667s- Capital Traction is back
q 10
The Washington times., 1908-03-01

.4sI744 Loss 5,72sl22 SIS
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12

The Florence group owned by j. H.
Munden and others has opened up a 10
foot ledge that looks good and runs well
in gold and silver. The Copper Farm
group has two lodges. One running north
and south looks well; one running east
and west on same ground shows some
good paintings. These claims are stu
ated ON Mt. Grant and Cottonwood
Creek and the owners are doing consid-
cradle development work on them, says
the Yerington Times.
Mr.. Daniely and Geo. Fowler, form
erly of Berkeley, Cal, have a fine show
ing on their claims adjoining the Cham
pion mine. They have a two-foot ledge
of gold ore that pans big in free gold.
There is a well defined ledge with good
walls of porphyry and diorite. They
are sinking ON the ledge and expect to
open up a big mine in the near future.
Ed Kriesel of Yerington is here doing
his annual assessment work. He has a
shaft down 20 feet. Every days work
shows an improvement in the ore. He
has also run a tunnel about $50 feet and
expects to tap a big ledge of $40 ore
that crops out on the surface.
There is more development being
done here thar there ever has been be-
fore, and we expect to see some good
mines opened up T. b. Gamble and
Alfred Day have just made a good dis
covery. They have found a 2-foot ledge
that assayed Stills per ton in gold.
The ledge was a blind one and it could
not be seen anywhere on the surface.
The prospeetors of Mt. Grant have
built a horse trail down Cat creek to
Hawthorne. The trail is a steep one,
but a near one to Hawthorne.
Everybody is busy doing their an
nual assessment work with good results.
We expect to see a big boom and rush
into this district as there are so many
good showings here. Where is the man
who will build a large custom quartz
mill on Cottonwood ereekf Mi. Stone
and family of Tonopah will move here
for a month or so. Mr.. Stone has some
claims in this district that show up
well.
Mr.. Monroe, who owns the Keystone
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12

G. G.. Logan, one of the pioneers OF
the Jessup district and who is the owner
of some valuable property at the new
camp, was in Lovelock the latter part
of last week on a short basiness trip,
says the Loveloek Review. Mr.. Logan
came up from Jessup, where he had
been for several days looking after his
numerous mining interests, and after
completing his business he left for
Reno.
"The outlook for the infant camp, -
said Mr.. Logan, sis extremely bright
and it is a safe wager that before an
other hot season rolls around it will be
occupying a front rank in Nevada's
gold producing districts. While 1T rs
true that Jessup district has been dor
mant during the past summer, owing
solely to the financial stringency and
the hot weather, it is rapidly emerging
from its lethargic state. Capitalists are
taking notice of the great merits OF the
u1sIFlct anu III dit M
ready been consummated and those that
are now under way are the best indiea-
tions of the popularity of the district
among the big mining men and investors
and it is a foregone conclusion that the
coming fall and winter months will see
a larger influx of people than any tin
during the history of the camp.
"Plans have been completed by a
number of the larger operators in tho
district for the resumption of active
work, and by the first of October sew
eral hosting plants will have been in
stalled and work will be carried out on
a very large scale
Mr.. Logan gave out the informant IN
that work would be started at once on
the Logan oohey lease. Arrangements
have been made for the installation OF
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12
cHAFEY Is BECOMING
A NEW ELDORADo

James w. Pearson, the will known
Velvet and Jessup mining operator,
spent a few days at the camp of Chafey
this week. Mr.. Pearson, who was
among the early arrivals in Goldfeld
and who saw the southern camp grow
from an infant to a town of 10000 in.
habitants, says that Chafey has all the
earmarks of becoming a second Gold
field.
cit is remarkable said Mr.. Pear
son, ..the way people are rushing to the
new Ell Dorado and if the present rush
keeps up it will not be long before
Chafey will rank with the topnotehers
of the state. Everybody seems to have
plenty of money and there is hardly an
idle man in the camp. The town of
Chafey is rapidly taking on metr2poli-
tan airs and new businesses are being
established. There are a number of
substantial buildings now completed
and others under curse of construction.
The building line is greatly retarded by
the inability to get lumber into the
camp. Relief is promised, however, and
it is believed that before spring rolls
around chafey will have a population
that will be numbered by the thousands.
"There are about forty leases being
operated in the camp and in most every
instance pay ore is being opened up.
The chafey property continues to i'm
prove as development work progresses
and the output is being increased
daily"
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12

for beautiful literature and full infor.
nation about daily excursion rates 10
a dozen beach and mountain resorts.
F. j. Carney, G. T. A., Hotel Casey
Annex, Tonopah & Goldfeld R. R.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12
BOOM IS PREDICTED
FOR CAMP OF JESSUP

n modern hosting plant and a complete
mining outfit. The new machinery mas
been ordered and an effort will be made
70 have il in operation by the middle Oh
this month. The Logan-Toohey lease Is
located on the Mary II. claim, formerly
owned by Hopkins and Stoker. BEFORE
the close down during the hot summer
months a 5O-foot shaft had been sunk.
Tn sinking the shaft a large amount OF
extremely high grade ore was encoun-
tered and several sacks were expressed
TO the sampler at Hazen, the returns
from which netted the owners a neat
little sum.
When the new machinery is finally In
stalled the owners propose to sink the
shaft an additional $50 feet. When
this depth is reached a series of cross
cuts and drifts will be run and the own
ers are quite confident they will not DC
long in opening up a regular producer
Another important announcement and
one which means a great deal Tor Jes
sup is the fact that the Jessup Nine
company will commence work within
the next week. This company is com
posed of Denver, Colo, capitalists, and
their holdings comprise some of the best
claims in the very heart of the district
The management of the company has
, announced that it will install a hoist
sink a deep shaft and carry out devei
opment work on an extensive and elab
crate scale.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12
DILIGENTLY DEVELOPING THE
MT. GRANT DISTRICT MINES

mine in Rattlesnake canyon, is running
a tunnel to tap the ledge at some depth.
He has the tunnel in about 100 feet.
will show up the mine in fine shape as
soon as the ledge is struck. The ore in
this mine is of a high grade. Ore taken
from the 100-foot level gave an assay
of $500 to the ton in free gold and no
doubt Mr.. Monroe will show up a big
mine. At any rate he is a slayer and
deserves success.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12
GRANITE DISTRICT
COMING TO FRONT

The conflict on the Buzzsaw. a va.
promising claim adjoining Big % a.,
Wilson Gold Mines, was satisfac,o.,-
adjusted this week, says the Wes,s..
Nevada Miner. Messrs. Settering.
Pettigrew and Strivle of British Coin
bia have taken a lease on 400 fee,
the ground and are to drive a tunnel =.
the vein. Various cuts and ~strinpin..
have shown up a very strong ledge fon,
feet wide that pans well. The ore I. =.
the same character as Big 20, and from
surface indications is as good as am
thing in camp.
s.. f. Green, manager of Evergreau
State Mining company, reports devel
opments as follows. 100 feet tunnel A
foot crosscuts, 10-foot winze and 25.foo,
prospect shaft. The ledge matter is Il
feet in width with streaks of good min.
ing ore. The Evergreen State will M
doubt, after the completion of the Ran.
kin-Truitt mill at Schurz, be a steady
producer.
J. G. Gillian, on his ~Cornucopia claim
has a 50-foot shaft sunk; the ledge is 3
feet wide and with various erosscpts
has about 200 tons of milling ora
blocked out. This property adioins III.
Evergreen State and is about five miles
west of Schurz.
A.. Spiro and associates, a company Of
San Francisco capitalists, have Dur.
chased tire Scorpion group situated one
mile north of Granite and are preparing
to do extensive development work on
the property.
Work has been resumed on the Gran.
tie Mining and Leasing eompany's tun.
mel under the new management Of Davis
and Warner. There is about 200 feet
to go to strike the ledge. With three
shifts it is figured that it will take sixty
DAYS TO drive that distance.