davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1908-02-25
SrHsR MARKETs-BY TELEGRAPt;.

Chicago Feb 24-CATTIE-Recepts estimated about
rs head STEADY Steers. 81 2JoS6 Ia; COWS
ssdS4 75 81 50aS5 20 bulls S. 259St so calves
81 75aS7 stockers and feeders. So '5qS4 90 HOGS
Receipts about eco head Market active to
5c higher Choice shipping. 81 iO 50 80; butch
ers ST 25aSf light mixed. 81 209S4 .: choice light
81 2oas4 so packing s4aSt 30; pigs 81 5og$t % bu&
Market lambs. 15G20c lower sheep steady
sheep 81 25aSJ lambs. $6dsS6 90: yearnGs- 50 %
East Buffalo y. Y. Feb. 24-CATTLE- Receipts
600 head Fairly active strong 10 iOc higher Prime
steers S. 6Oas5 So shipping S5dS5 80; butchers 81 500
So 30 helfers s. J0GS5 % S3Gs4 10 bulls S. 25
81 W stocbers $31S4 so stock heifers s. b
asa; fresh and sprnsers good demand. and $21s
So higher; S2GG$5S- VEALS-Recepts. loo head. Ac
tive and &c higher: S5aS9 % HOGSReceipts 90 400
head Fairly active Heavy. sc lower others 2OI25c
lower. heavy 81 J04s4 55 mixed 81 55dS 60 YOrkers
6O4Si 10: pigs 81 so roughs So I9aSi; stays. $50
s9 o. daIries 81 5OdS4 80 SHEEP AND LAMBS-Re-
lower S5aSI %; yearlings So 23 ST so wethers
s. .dx5 50; ewes. 2JGS5 so sheep mixed. S2G$5 e.
Kansas city. Feb. 24.-CATTIE-Receipt 1000 head
Including 400 Southerns Market steady and strong
steers 81 a5lS5 10 fair good 81 51aS5 so Western
steers s4 2JaS5 90: and Feeders 50 25ISi
southern steers StA$J -. southern s. 60ASf:
native s. 4oaS4 CO. native heifers So 35gSi so
coo head Market 5-l0e higher: top. 81 90. bulk OF
SaI.s 81 O5GS4 80 heavy 81 2oQS4 80 packers 100
81 90 pigs and lights 50 60GS4 -. SHEEP-Receipts
~ oop sheep steady lambs lOn15c lower Lambs.
ST. 70 and yearlngs. - 'orso +o western year
iings s. OaS6 20: Western sheeG 81 254S5 IS:
ers and feeders 81 5Od<5-
pttshurg. Feb. 2I-CATrIE- Sipply Tght steady
,boce s. snass 10 prime 3oaSS calves. Ssi
S 80 SHEEP-Suppy Hight steady Prime wsthers
& 75nys euls anl common s2qx3 80; lsuhs sSrST 40
Receipts fair Prime heavics 81 50
duuas 81 50dsi So Yogkers s. 20. pigs 81 40 roushs
s. 5o1si
New-York tribune., 1908-02-25
FEDERAL MINING DIVIDEND.
Regular Rate Declared on Preferred-No
Action Is Taken on Common Stock.

The directors of the Federal Mining and Smelt-
ing Company yesterday declared the regular quar-
terly dividend of 1a4 per cent the preferred
stock, but took action the dividend the
common stock. The opinion in Wall Street is that
the latter will be passed. The dividend the
preferred is payable March Is. The company
began the payment of dividends its common
stock in June, 1904 when 11s per cent declared
and this rate paid every quarter until last De-
cember
Extra disbursements have been made follows
One per cent each quarter in 1905: 21a per cent in
March, June and September, 1906 312 per cent in
December. 1906, and in March and June 1907, and
IL per cent in September 1907. The Federal Min
ing and Smelling Company is controlled through
stock ownership by the American Smelters Securi
ties Company which is in turn controlled by the
American Smelling and Refining Company
New-York tribune., 1908-02-25
CLOSED BANKS FUND CUT.
Mechanics and Traders Surplus
Nearly Wiped Out By State Report.

The official examination of the suspended Me-
chanics and Traders Bank and it's twelve branches
by the state banking department has resulted in
the writing off Of the whole surplus of s66 $40 80
which the bank had when it closed its doors on
January %. except s31 $50 g.. The banks capital
of s200o,o00 found to be intact OF the $685.
1f9 IS written off, however, the banks directors
feel certain that least $4,000 will eventually be
collected if it is possible to business and
grant the note makers more time.
At the close of business January % the bank
had on hand cash to the amount of S504 900. This
has been increased to about s., 100000 The bank
owed the Clearing House than s., 10000 for
outstanding loan certificates This Indebtedness has
been reduced TO about s1.9o0.0o0. and the cash
hand Is sufficient to liquidate this
meeting OF the directors held yesterday
ana plans for an early resumption were discussed
More than 60 per cent of the depostors have as
sented TO the deferred payment agreement, and the
possibility of reopening rests wholly with the
depositors who have not signed the assents. The
official figures of the State Banking Department
a s follows
New-York tribune., 1908-02-25
CLOSING OF A GRAIN EXCHANGE.
Winnipeg Traders Hurt by Recent Legisla-
tion-May Go to Fort William.
LBy Telegraph to The Tribune. ]

Winnipeg, Feb. 24.-For all practical purposes
the Winnipeg Grain and Produce Exchange has
ceased to exist All that remains of the once
most active wheat market in the American West
is a large room in which Snen walk around and
do curb trading. By the end of the week the
American market quotations, which represented
a monthly outlay of more than $780, will cease.
One seat was sold on Saturday for 1000, and it
is reported that several could be bought to-day J
at $500 each.
The grain have received offer of n
charter at Fort William, the head of Lake
Superior. and il is reported that committee
of the Grain Exchange is considering moving
there, the recent legislation of the Manitoba
government is severe blow to the dealers. y
notice was posted at the Grain Exchange this
morning calling off all sales in futures and
many anxious inquiries have been received from
the South to-day 20 the advisability of clos
ing out ali open trades.
New-York tribune., 1908-02-25

10; 1Sr. dressed hot
house lambs firm al S49S11 per
SaIes-S Sanders: 40 state lambs - 10 average at
s. per 100 70; 35 DO 20 rb 81 so; do s2 n az
s. ISL do culls. - n. at s. 90: 70
state sheep. 1I2 10. at 81 90 culls. 40 N. 81 so
Kerns Commission Company: 2O9 Buffalo lambs . n
at 81 80; do 10 $50 do. 66 10. at 50 %
II Indiana do 81. IL Indiana sheep twethersl
I65 ~ at S6 Isl do. 90 10 at 81 so bucks 1Io n
81 -- 90
state do No. at 81 50: sheep. 135 10. at 81
W. r. Hume: lambs - n. at 81 So - 90.
"a 10 at %; sheep. 105 10 at 81 so; buck
100 n. at 81 80 .
7 q; Curtis & Son: lambs. "a n. az s. 50 3
do so n at 81 -: 6 sheep. las II. at So
Mcpherson & Co: state lambs. 96 70 at 81 90
: Judd & Co state lambs. 35 n. s6 so; l sheep
100 N. 81
III sG head including about 200 head for the market
TreeIz weak on Buffalo advices Reported sales
the range OF 9OaS5 per 100 n for New York state
hogs country dressed hogs duh at 597i.c per n
Curtis 10 pigs. ~ % aver
age at S. per 100 70 do 10. 81
Sanders. hogs "a n. ct 81 po. stag 1ta
N =
New-York tribune., 1908-02-25
STANDARD OIL HEARING RESUMED.
General Manager Of Southern Railway Testi-
fes About Tariffs

Washington. Feb. 2A-After an adjournment of
three weeks, in which evidence taken at
Albany, the hearing in the of the government
against the Standard Oil Company for annul-
ment of the corporate existence of the company
resumed to-day at the offices of the Interstate
Commerce Commission. The evidence is being
taken before Judge Franklin Ferris, of st. Louis.
the examiner of the United States Circuit Court
The government was represented by Frank E. Ke-
Iogg and ex-Distrct Attorney Morrison and the
Standard Oil Company by John S Miller and Moritz
Rosenthal, of Chicago.
j. NJ. Culp, vce-presldent and traffic manager of
the Southern Railway. was called to identify GER
tain tariffs already introduced dealing with the
rates on oil east and south of Grand Junction
Tenn. Mr.. Cups testimony showed, in general
that the Southern Railway received its proportion
of what is known the Evansville rate, and he
identified certain division sheets and tariffs in force
the Southern Railway from March l. 1885, to
May g. 1895.
Mr.. Culp asked if he knew of 13-cent per
100 pound rate in force between Whiting, Ind, and
Grand Junction in the period covered by the rates
he had identified He replied that he did not until
about the time the bureau of corporations began
its investigation into the oil industry. 1t was about
that time the 15-cent rate was withdrawn.
Did you know" inquired Mr.. Kellogg. during
these years that the oil shipped from Whiting. Ind.
to Grand Junction blind biled-that is, no rate
of freight named in the waybils?
Il did not, replied Mr.. Culp.
On cross-examinaton Mr. Cup and Mr.. Rosenthal
became involved in discussion ef exhibit that
had been offered by the government, Mr. Culp had
identified it a division sheet, showing the
amounts to be paid to the Southern Railway on
shipments of oil from Whiting to points in the
South and Southeast via Grand Junction. Mr. Ro-
senthal insisted on knowing how the exhibit diff
fered from regular tariff Mr.. Culp explained
that 1t lacked simplicity, form and the names of
the lines which, among other things. elements
of tariff. He said that particular division sheet
had been issued at the request of Howard Page. of
the Standard Oil Company. that the company
might know what It would have to pay for ship
ments south and east of Grand Junction.
Mr.. Rosenthal endeavored to get admission
from Mr. Culp that the sheet reallya tariff,
and he inquired whether, in Mr.. Culp's opinion,
granting that ii tariff, the Southern Railway
had not violated the law in not filing 1t with the
Interstate Camnerce Commission.
Mr.. Culp insisted that it was in tariff
and that any man familiar with rate making and
tariffs would know that it not. In the cir
cumstanceS, therefore, it was not necessary to file
it with the commission
New-York tribune., 1908-02-25
REFINED SUGAR MARKET BooMs.
Local Prices Have Advanced Three Times in
Last Thirty Days.

The refined sugar market is experiencing BOOM
and local prices have been advanced three times
in the last thirty days. The latest advance was
one of ten points, which placed standard granu-
lated at 4S0 cents less per cent while Federal
quoted at 40 cents less per cent
James Fl. Post president of the National Sugar
Refining Company. said yesterday that the refined
sugar business had experienced a slump during
the latter part of last year, but had entirely re-
covered. and heavier than was
customary at this Of the year. lone thing
is certain, said Mr. Post, and that is that people
are not economizing on sugar. There is a heavy
and constantly increasing demand
The sugar trade is taking a lively interest in
the first annual report of the American Sugar Re
filming Company which, it is understood. will be
ISSUED in the near future.
New-York tribune., 1908-02-25
PRovIDENT LOAN HAS GOOD YEAR.
Society's Report Shows Large Increase IN
Volume of Business.

The Provident Loan Society has Just issued its
report for 1901, showing considerable increase III
the volume of business 1896. The capital in
at the end Of the year was s5"ol.5t"' and the
sum lent in the year was s0.Sn,5e0. Only liz per
cent of the loans not repaid, making a sale of
collateral necessary. this being the smallest per-
centage since 1902 The average amount OF single
loans was s37 Sc
The report shows that the Grand street branch
opened January ., 1907, was q success Plans
for a central building at Fourth avenue and 2oth
street on a site acquired in April, have been COM
pleted, and building work will soon begin The
surplus TO the credit of borrowers from sales of
collateral $751; 81. and of this $13 4o2 3S was
returned borrowers
The maximum of loans three times reduced
I'm the year. In July there reduction from
S1oo3 to $500. in October to 800. and in December
10 SO
New-York tribune., 1908-02-25
BUSINESS TROUBLES.

The Stailinan & Fulton Company. importer ana ana
dealer in drugs. at No g William street win
branch houses at London, England, and al ol'-
cago. assigned yesterday for the benefit OF cred
itors TO Charles u Dobbs. The company was IL
corporated under the laws Of New Jersey IN 1913
The capital stock $5o,Gn. J. H. Staliilah "dS
president and with him directors We're ! y. H..
and Frederick l.. StaInan- The assignee Is d
broker residing No. rs West End avenue
The following petitions in bankruptcy were hed
yesterday with tie United States District Court:
Voluntary William II. Cohn. No- 2oi West 18th
street. q hts $500 assets. 500; pIihclP
81 ...,4, s,.;.,,,.,, trading
IS n A ! Steinman: debts. Ssoi no isseiS' 'i''
creditor named Mccormick & Co, <rS .s
Voluntary, Abraham J. litinarn. .feIs. Si6.
principal creditors samuel MrisjeIn Hi7v'' anu anu
: bra hsna and Max Weiss. $3.50 both claims beng
Tn1oIuntary. against The Carson Vending Ma it5
chine COMPANY. 81 No II Fifth avenue. 10y me
American Tobacco company. with claim OF
SD 5sp. the Amsterdam SupTiy company, S-1i5 III 90
Emanuel Click 8; admiSs.li o. lI.-yi's''S a'iV
+ 9 Mclaughlin appointed refeiN"r- ,,-.
Involuntary petition against iildpfe'z q -,
No 80 East 2lst street: creditors Jtie EnI!eT, S'S
Samuel Sachs q Co. 500 ana JOS pi7 Stliiei q q
p1,infr PETITION against David Cohen. No loi
England Manufacturing oomI,aly. ~ am an, ,le re
Primrose Tapestry company ~, '5llEiei 5 i,,t1
'71f,r,ra- petition against joseph p. FoWes
So for trucking and SS75 Tor money loaned Ioth
%. .ul supply Company. sl4j. aiG tItI:ltaI"
49,, go y3sD admission Of insolvency apitlec'
f-bs-J.s l. Cohen appointed receiver
Schedule. vye-e fled by Josephine schneider or
10 5gs west sd street. as member of the lli'l
doip., f,.sinees as the New Amsterdam botti'ns
-. sbo,zjnc debts Of S5.936 and assets OF
60 ~ consisting Of stock $500 aud unliquidated
rlaigs of SIN THE principal creditors are HeoLse
r,,et sslls; tie Poushkeepsie Class Works $ls'5'
and 4 Fink & son. Sl2$t -
md TfeBHiG
The schedules Of william t'4Ro an" 80
.-,-,,a,,- t.srl,..,-,ts show debts OF $500 ana
seets Of ss,g consisting Of goods and cash III tpe
posseesioa OF the receiver The psi0cipai oedi'of
IS Isaac A Frank, s.. ...
The schedules of Marcus Marcus lhFoi'iil,a.y
fankrupts. show debts oi $i-.'lS ana ass . -,
- -. consist or accounts due. S5ep, and de-
-, in heDk. So Tno value of other assets Is
.ts,e5 ss unknown. The prinoipaI creditors are
var zart Jacots & Co. S4s-7 the bDr' S''i'
,s-y sli5s and Leopold Marcus N'--'
New-York tribune., 1908-02-25
MANY INDUSTRIAL PLANTS RESUME.
LEY Telegraph TO The Tribune.


pit+churc Feb 2i-Four additional tin mills OF
the American Sheet and Tin Plate Company al
Martins Ferry, Ohio. resumed this morning, en-
nloving 80 men. At the Vanderbilt works five of
the ten open hearth furnaces put on full time
and five additional sheet mills started. This is
half the open hearth capacity and t~enty-one OF
the thirty-sevcn sheet mills in operation. Five
hundred men are given employment. Two hundred
men resumed work at the Spank Chalfont Com
pany this morning when additional pipe making
mill was started.
Wheeling ". Va, Feb A.-The Belmont and the
Fenwood plants OF the Wheeling Steel and Iron
Company the Whitaker mill and four mills of the
Aetna Standard Works at Martins Ferry. Ohio. re-
sumed work to-day. The resumption affects two
thousand men.
Dayton Ohio, Feb A-The Dayton Motor Car
Company resumed full operations to-day with a
complete force OF operatives The loss to its bust
ness by the fire much less than the
original estimate and resulted in practically in
terruption TO business.
New-York tribune., 1908-02-25
SALE BY BANK HELD UP
Ihomds-Heinse Interests Still Con-
troll Hamilton, 4fforneu Says.

The sale at auction by she Mcvickar- Hard
Realty Company of collateral held by the hamilton
Bank as security Cor promissory notes post
poned yesterday TO March .. following the grant
ing Of an parte injunction against the bank re-
strainng the sale by Justice Platzek Supreme
Court The order is returnable Friday. 1t was
obtained by William G. Mulligan. an attorney of
Nc. zoI East fremont avenue The Bronx IN he
half Of Bernhard Moral. of No 125 West I3fst
street. executor of the viii OF Fanny Moral. who
died in July
In the application for the order the allegation is
made that the is controlled by the Thom-
as-Heinze interests and that it is The purpose TO
hand the bank over TO them after one year from
the date Of reopening
The complaint says that Edward r Thomas F.
Augustus fieinze. David A Sullivan and William
r Montgomery still the owners of two-thirds
Of the shares of the bank stock and that none Of
the officers directors owns any of the stock ex-
oept such amount as required by law to qualify
them TO act II is also asserted upon informa
tion and belief that these men have given op
flo7 on their stock. amounting TO more than thir
teen hundred shares, at par one wear after the
reopening Of the bank TO Joseph G. Robin and that
the cption has not yet been exercised 1t is also
asserted that they have given 10 said Joseph G.
Robin the voting proxies of two-thirds OF the
shares and that by virtue of this Robin has elect
ed officers OF his choice and is now administering
the affairs Of the bank by proxy through them.
On July -. 1905 the complaint rectes, Fanny
Moral gave her note for $4,000 for six months TO
the Hamilton Bank secured by mortgages for
$4,000, $4,000 and $4,000. The note natured
January p, 1908, and renewed for three
months, Moral obtaining the extension
The discount was $3.50 On February 90 1905. he
says, he received notice from the bank that it in
tended to sell the three mortgages. The complaint
continues
That said note dated JIly % 1907. was made and
delivered TO the defendant the uSIlrous agree
ment between the defendant the one hand ANA
the plaintiff and said Fanny Moral that said
Fanny MoTfl and This plaintiff pay to this de-
fcndant and that the defendant should reserve and
secure itself for the loan of the greater
sum than at the rate of t per cent per aT1num to
Wit: a discount az the of per cent per
annum payable in advance. and 4 further c0mInlS-
sion bonus Of per the face of said note
amounting $3.50 and above the legal in
Terest
The complaint says that Mrs Moral therefore
paid 1860 the hank, exclusive of counsel fees,
charges and disbursements for the loan
New-York tribune., 1908-02-25
PHILADELPHIA FOLLOWS NEW YORK

The Philadelphia Stock Exchange. according to
dispatches from that city yesterday, has followed
the example of the New York Stock Exchange in
closing its gallery to visitors. The closing of the
local exchange about a week ago officially
stated to be for repairs. although there were
rumors that it due threats against mem
bers.
lery in the exchange there longer would be
open to public and said nothing about re-
pairs Secretary Ely of aht New York Stock Ex-
change. however, has stated that visitors will be
admitted to its gallery when the repairs fin
ished.
Ever since the big board has been closed to
the public the Consolidated Exchange has been
crowded with visitors, who have kept the secre-
tary busy making admission cards TO the gal
lery Their numbers have increased to such an
extent that the exchange has hired special Of
fcer to watch over them.
New-York tribune., 1908-02-25
WESTINGHOUSE LAMP CO. ON ITS FEET

-,.o, \ / FEB. 2L-Judges Lanning and
Cross in the United States Circuit Court mere
issued IN order to-day authorizing the receivers
of The Westinghouse Lamp Company 10 turn over
TO the stockholders and officials "f the coihpdil!
The business Of the company which has been III
,,,a receivers hands since October "a The com
many agrees 10 pay all claims against II
4 dispatch from Pittsburg last night said that
similar action would be taken in New York clty
Thursday, thus entirely removing lie PioPeilS
from, control Of the court The lamp company IS
The first of the four Westinghouse concerns forced
to the wall to get its affairs in shape to satisfy
creditors All OF the plants have been proiltaoiy
operated under the receiverships-
New-York tribune., 1908-02-25

sAner dedrctnE per cent on the preferred stock
81 balance dividends before charging on
eprecaton IS equal 20 81 cent the $50 100 coo
stock Utstan!iIg.
many on claims outstanding the close OF 1896 having
much anticipated. il found
nat ta reserve injuries and damages was made
100000. the estimated
f tie deficiency accordingly been made IN tie
counts year. thus reducing the surplus by "a
,a.r.-DaHdiusy The fund set GSie
aryeFlts T. $50 somewhat in excess Of
estimated requirements based previous cNTstirHc"
President Lowry in his annual report says in
part:
THE car service has been considerably I'm
proved the mileage being increased Z.0l3,oSS
miles. The rates OF wages paid To all employees
have also been increased. has been done on pre-
Hi0us occa sions when the earnings Warranted H.
without anv demands from them. The company
thlis keeps in its employment body of men "ho
are fulv satisfied that their interests al All times.
receive fair sfderatioI No organization has IN
consequence. existed among them az any time IN
the Isst faI'vteen years.
New-York tribune., 1908-02-25
BANK STOCKS SOLD AT AUCTION

The following bank stocks were sold yesterday
- the New York Real Estate Exchange by the
NcTjcker-CsaIlIard Realty Company FOR account
of whom it may concern: Three hundFed SHARES
,g-cs.tila National Bank of New York. par value
500 Zach AZ STA a share; 300 shares Utah National
Rank. salt Lake City. par value 800 each, at SoS
and 100 shares ItaIiar-AneTican Trust Company OF
New York par value Sloo each, at SO a snare
New-York tribune., 1908-02-25
SAVINGS BANKS. STATISTICS.
Figures of Resources and Liabilities When
the Year Opened Of Those IN This State.

Albany. Feb. e4.-The State Banking Department
gave out a statement to-day showing the condl-
lion of the savings banks OF the state on the
morning of January / ISS banks reporting, an in
crease Of three According TO the statement the
increase the number of open accounts for the
year 5,65S; gain in resources SS44S46; gain in
amount due depositors, SS.3e3253 decrease in mar
ket value surplus SIS 969S9; gain in the amount OF
interest pad and credited for year. s. 969 10S
The statement is OF than ordinary interest as
It includes the period during the recent financial
disturbance.
The tabulation Of the aggregate Of the items fol-
New-York tribune., 1908-02-25
ICE TRUST SECRETARY EXAMINED.
Said to Have Gone Over Company's Books
with Grand Jury.

The special grand jury investigating the Ameri-
can Ice Company continued its inquiry yesterday
afternoon. After Mr.. Osborne, the special prose-
cutor had presented a large number of books
presumably those of the trust the jury called in
John r. Bennett secretary of the American Ice
Company who spent a considerable time before it,
undoubtedly explaining the entries in the books.
Another witness Martin Mckenna, public
accountant. An attendant from the Astor Library
conveyed an armful of books 10 the grand jury
New-York tribune., 1908-02-25
J. ]. HILL GOES WEST.

J. J. Hill president of the Northern Securities
Cou,panv left this city yesterday for the West to
make an inspection of the railroad properties in
which he is interested He expects be gone
about a month. A representative of Mr. Hill
laughed at a report from Winnipeg that the latter
had scores of engineers along stretch of country
400 miles long Brandon, Manitoba to Cal
gary Alberta, engaged in work preparatory the
building of a parallel road TO the Canadian Pacific
system in that territory
New-York tribune., 1908-02-25
VOORHEES, AND coMHEs PLEAD.

Ex-Judge William NJ. X Olcott representing ex-
Governor Voorhees, of New Jersey and Frank J.
Combes indicted perjury in connection with the
Bankers Life Insurance Company investigation,
entered plea of not guilty yesterday before JUS
tice Dowling with permission to withdraw the plea
or make demurrer to the indictments within one
New-York tribune., 1908-02-25
cITYs BONDS ALL PAID FOR.

Deputy Controller John II. LcCooey said last
night that the successful bidders city bonds had
all paid for their bonds and that the city's credit
balances in the various city repositories were in
creased in the aggregate to the extent of about
$50 900, the 1000 representing the premiums
the entire Offering.
New-York tribune., 1908-02-25
FISH SUIT FORMALLY WITHDRAWN NJ

Chicago Feb 24.-Upon motion of counsel for
Stuyvesant Fish. Judge Bail in the Superior Court
to-day entered order disnissing the suit brought
by Mr.. Fish and others TO enjoin the voting OF
l23l shares Illinois Central stock owned by
the Union Pacific Railroad Company and the Rail-
road Securities Company. The suit was dismissed
the complainants' cost.