davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Profit Realizing Marked the
Weekend Transactions.
PROFESSIONALS AT WORK
Outside Demand Failed to Absorb
the Selling.
PRICES SLUMPED SHARPLY
Some of the Specialties Under Pres
sure Again-Bank' Statement
Showing on Loans.
PROFESSIONALS AT WORK
PRICES SLUMPED

NEW YORK. February ia keen de-
sire to realize profits was clearly mani
fest In the action of the stock market to-
day. Professional operators who had
bought stocks yesterday on the early IN
dications of success In the New York
city bond sale FASTENED to resell today.
The outside demand attracted by the bond
sale was not sufficient to absorb this
selling and prices gave way sharply The
professionals turned to the bear side and
helped on the decline.
Some of the items of the days news
were in their favor. One was the de-
cision to extend the. rate of curtailment
Of the output OF the Reading collieries.
rejecting continued sluggishness in the
amrket for that commodity. Another
was the report put in circulation that an
Injunction had been granted against the
payment of the Southern Pacific dividend
to the Union Pacific interests as holders
of the stock.
Statistics of railroad earnings for the
first week of February indicated broad
ening of the margin OF decrease from last
years level. compared with the average
of January earnings. Some of the spe-
cialties were again under pressure of the
special kind which had been a feature
earlier In the week. and this had a SYM
pathetic effect on the tone of the general
list
The action of the stock market did not
materially alter the conviction Of the sig
niflcance Of the New York city bond
sale as an evidence of improving health
in the financial situation as a whole.
The unprecedented number OF the. IN
iividual bidders and the gross amount of
the bids made for the Issue were ac-
cepted as gratifying evidence of the large
on safe terms. The increase In the price
realized for the issue also to 104 COM
pared with 102- O63 at the previous Septem-
Der issue must be accepted as proof of
Improvement in the investment situation.
Bond Market Unchanged.
The bearing OF the incident on the gen.
eral bond market was much discussed,
and opinions on that subject were tenn
pered by the extraneous Influences. espe-
cfally political. on the demand for rail-
road securities, on which Wall street lays
much stress. The general bond market
today was little Influenced by the New
York city bond sale.
The bank statement showed that what
ever new loans had been taken out In
connection with the city bond sale were
from the other banks and trust COM
panies, and not from clearing house men,
hers.
The exhibit also gave an illustration of
how the weeks actual gain In cash might
be traced through the supplementary
statements of the actual condition Of the
clearing house members Friday night
and that of the other banks and trust
companies. while the statement of clear
ing house averages presented an appar-
emit decline in cash holdings.
Bonds were steady and quiet. Total
sales, par value, $2.37S.00
U. s. Is. registered. advanced Il per
cent on call during the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
New York Mining Stocks.
THE FOREIGN MARKETS.

LONDON. February 15.-Business on
the stock exchange this week was very
quiet, and although the undertone re-
mains steady, values gradually sought a
lower level. Investment buying has be-
come scarce; new issues monopolized the
attention of the public. while the COM
parative dearness Of money put an ef-
fectual check to speculation.
The American section of the market felt
the unloading of stock which had been
taken up by strong interests during the
recent crisis. The political situation also
helped the bears to depress values, while
poor traffic receipts also kept the public
away and gave, prices downward tend
ency.
The market of today. however, was
quite strong in sympathy with Wall
street. The success of the New York
city bond issue and the prospect OF a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
KOWTOWIN0.
Chinese Custom to Which Foreign.
ers Have Objected.

From tho North China Herald.
The Chinese censor has memorialized
the throne on the necessity OF abolishing
the degrading custom Of high native min
listers OF the crown kowtow1ng and ad-
dressing or replying to their majesties on
Bonded knees. Kowtowing has been a
fruitful theme for discussion and contro-
versy ever since the nations Of the west
first invaded the shores Of tho great Gen.
trail kingdom. Hitherto the question
concerned only those who came from for
eign lands on diplomatic or other mis-
sions. No one for q moment thought Of
suggesting that the kowtow was q de-
grading custom 50 far as the Chinese high
officials themselves were concerned. The
kowtow before the throne consisted In
meeling three times and touching the
ground with the head thrice at each
genudeXou.
western diplomats and others in China
have not been in the past unanimous in
the kowtow. but the British representa-
tives from the first have consistently re-
fused to submit to 1t. Lord Mccartney.
who arrived in China In 1913 AZ the head
Of the first British embassy: when pre-
senting his credentials would only oon-
sent to bend one knee in the presence Of
the emperor. Over twenty years elapsed
before the second British mission arrived
In China The question OF the kowtow
was again raised, and as a result OF his
refusal to perform the ceremony Lord
Amherst was never officially received by
the emperor, who issued an imperial edict
to the effect that the british ambassador
had not observed the ryles Of politeness
in vogue In the celestial empire.
The French ambassador sent to China
In 1874 received special instructions not
to submit to the kowtow. These instruc-
lions, however. he ignored. as he held the
opinion that ambassadors must conduc'
themselves according to the usages Of
the court to which they were accredited.
The whole question during the last half
century has assumed an altogether differ
ent aspect. For over 100 years prior to
the establishment Of permanent foreign
legations in the Chinese capital in 1850
corded an imperial audience. Since that
date the kowtow has never been insisted
upon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
FINANCE AND TRADE IN
MARKETS OF THE WORLD

good bank statement induced covering
movements, which reduced the earlier
losses considerably and made the aver
age decline on the week only about two
points. United States Steel however.
was an exception and scored an advance.
The foreign section revealed aittle Of
interest during the week beyond the con-
tinued strong support Of Argentine rails
on excellent traffic returns and harvest
prospect.
Money continued fairly tight owing to
revenue collections. and the market Dor
rowed from the Bank Of England. Dis
count rates were therefore firm. and they
are expected to remain firm until the
French and Argentine demands for gold
are satisfied. particularly as there are no
signs of gold coming from the United
States at present.
BERLIN. February 15.-Trading on the
bourse today was quiet and prices were
somewhat firmer. American securities
were strong upon the advices from New
York. Canadian Pacific. Baltimore and
Ohio and Pennsylvania gained IL.
PARIS. February 15.-Prices> on the
bourse today opened firm. but sagged to-
ward the close.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
NEW YORK DRY GOODS.

NEW YORK, February 15.-The dry
goods market Is generally quiet. with
prices easy on many lines Of goods. Job
bers are doing a fair trade. and there are
many retail buyers In THO market. They
are operating very conservatively on all
lines, but more particularly on staple cot
tons and WorSteds.
Impo.ts of merchandise and dry goods
at the por: OF New York for the week
ending February were valued at $l1,-
1888 139.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Chinese Education.
From the Philadelphia Telegraph.

From the Philadelphia Telegraph.
There are no free schools in China, and
if there were they would have no pupils
The poor people educate their own sons
and daughters, and it does not take them
long. When a boy can count up to ten.
tell the difference between kinds Of
money and can catch fish or snare a duck
he is thought to have all the education
needed. When a girl can sew and wash
dishes and tell the time Of day by the
clock she must. ask for no more.
If one were to ask one thousand COM
mon Cinnamon what other countries COM
prised the world the answer would be
that China was the whole show.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
The Social Shame Of America.

From Leslie's Weekly.
Plain people often wonder why It comes
about that presumably wen-bred Ameri-
can girls Of wealth marry spendthrtft
roues and dissipated outcasts Of foreign
nobility-save the mark.-but there will be
less surprise when the details Of the eper-
atoms OF Spate, the Pittsburg swindler.
are generally known Tue surprise will
not be that unsophisticated girls should BE-
delighted by the prospect of wearing =
coronet without thinking much OF the In
cumbrance that goes with 1t, but that
American mothers should be 90 infatuated
as to receive adventurous into their homes
and barter with them their daughters
loneliness and their husbands wealth for
such tawdry titles. Unfortunately for the
country at large. Pittsburg is not unique
in its idiouc social strivings. and there
are enough foolish parents In the United
States to bring the republic a. q whole
into contempt among foreigners.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

great deal of interest has been
aroused in the proposition worked out by
Thomas A. Edison for the construction
of dwelling houses in a remarkable short
time and at an equally remarkable de-
crease in the cost as compared with the
cost Of construction today. The erroneous
impression has gone out that an inex-
perienced person with few barrels of
cement and sand can build his own house
in few days. In order to carry out the
Edison scheme Ii is necessary to make a
set of molds In which the walls Of the
house may be shaped. and these molds
will cost no less than $4,000. Thussit is
evident that this idea can be economi-
cally made use Of only where there are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
NEW YORK METAL MARKETS.

NEW YORK. February 15.-The metal
markets were quiet. as usual. in the abb
sence Of cables. Tin was reported easy
at %. 75a29. 37k. Copper Is weak. but NOM
inally unchanged. with lake quoted at
13.12ha13371a, electrolytic. at 12S71za
Is. 12h and casting at 1275a12.S7k. Lead
is quiet at 3.65a3.75. and spelter firm at
4. SOa4.S5. Iron was nominally unchanged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
The Taller No More.

From the Pail Mall Gazette.
The taller. which has ceased to be recog-
nized as a coin OF the German realm
since the first Of THIS month. began life
toward the close Of the fifteenth century
the actual year being 14S4.
1t was minted at the little town Of Hall,
In Tyrol-hence its name. which. by the
way, was until recent years spelled
''thaler'-the IN" being reminiscent Of
it's birthplace. where also were thu silver
mines which furnished the precious metal
for those first talers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Arranging Firms Liquidation.

EDINBURGH, February 1.-THE bic
engineering firm Of Bruce, PEBBLES &
Co. called a meeting of its share
holders today for the purpose of arrang-
ing a liquidation. The trouble Of the
firm is attributed to the lack OF working
capital. The company has immense con-
tracts on hand. notably the great Shang-
hal dock, and IL recently concluded a con-
tract Of 1900. 600 for street railroad con-
struction in Moscow. There was American
competition for this last mentioned bust
ness. The directors of the company hope
to find method Of reorganization.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
NEW YORK SPECIE.

NEW YORK. February 15.-Imports of
specie for the port of New York for the
week ending today were $50. 1874 silver and
$144,6S7 gold. Exports Of specie from
the port Of New York for the week end
ing today were 81 OS9. 261 silver and $50. 500
gold.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

lines of gray staples were taken fer
China at prices a shade easier.
The turnover in yarns was barely the
average, even the reduction of 3-16 falling
to bring increased orders. 1t is stated
that some yarns which manufacturers
bought months ago and have been unable
to use owing to the dearth of cloth Or
ders ale being resold at q reduction of
twopence from the original price.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
BALE COTTON AVERAGES
Official Statement Issued by Secre'
tary Hester at New Orleans.

NEW ORLEANS February 15.-Secre-
tary Hester today issued a statement OF
the average weight Of 6.624.sO9 bales of
cotton handled at outports and across
the Mississippi. Ohio and Potomac rivers
overland to American manufacturers out
side Of the cotton belt from September 10
January inclusive. showing an average
per bale Of 512.1S pounds against 521.95
last year.
The detailed averages are:
Texas ports 526.35 against 6S4.24: Louis
lana ports 519.76 against 525.49: Alabama
ports 521.13 against $1,000; Georgia ports
50l.6 against 5O5.2S; South Caroline ports
492 against 49S: North Carolina ports
4S8 against 49s: Virginia ports 4S5 against
b02: Tennessee. etc, 5000 against 6l1.29.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Big Seismographs.
rom the Youths Companion.

Prof. Wiechert at Gettingen has Just
had constructed two great seismographs
the instruments which record earthquakes
even when the region shaken is thousands
Of miles away. One Of them has q hori-
zontal. the other a vertical pendulum
The horizontal pendulum weighs seventeen
tons. Four levers placed In series multi
ply the movements Of the ground 200
times. This apparatus ia SO sensitive that
1t registers the shocks transmitted to the
earth by gas motor a mile and a half
distant. The vertical pendulum weighs
2.6OO pounds, and its multiplying levers
amplify the movements of the soil 100
times.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Yield Of a Good Beef Steer.

good steer properly and at the same
time profitably cut up will yield the fol-
lowing percentages Of dressed weight.
given in round numbers 70 as TO be moro
easily memortzed: Loins. is per cent; rms.
10 per cent: rounds. 81 per cent: chucks.
10 per cent: plates. 16 per cent: tanks.
per cent; shanks, per cent: tailow, B
Der cent; kidneys. 0.25 per cent: sausage
meat, / per cent: shank meat. 1.60 Per
cent: tankage. 2 per cent: loss In cutting.
o % per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
MANCHESTER CLOTH MARKET.

MANCHESTER, February I5.-The cloth
manufacturers have had another disap-
pointing week. but there is less despond-
ency today than there was last Saturday
owing to the improved offers from India
and China. which. with d little negotiat-
ing, probably will lead To increased bust
ness in, the near future ShirtingS COM
tinue the best sale FOR India. while fair
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
Receiver for Cooperative Company
Special DISPATCH to The Star

-PRINGFIELD. Ohio. February 15.-
Several thousand stockholders scattered
the United States are inter-
ested in the Farmers Cooperative Har-
vesting Machine Company. which went
into the hands OF C. 8. Olinger as receiver.
on application Of Frank P. Stafford, who
secured a judgment for $500. The COM
pany was organized through the efforts
Of William N. Whitley, the former reaper
king, who at the age OF r tried to win
another fortune. The capital stock OF the
company Is 100000. Liabilities about
$4,000 and assets SIS. ZOO. Mr.. Olingers
bond was placed at S25. 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
BULLS AND BEARS
pecial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. February 15.-Most specu-
lators this morning were still uncertain as
to whether the striking success of the city
bond sale would bring about a material
uplift in the stock market. Those Of an
extremely optimistic turn of mind, who
are catching up every favorable develop
ment and magnifying it's Importance to
a considerable extent, and even those
less optimistically inclined. think that the
bond sale will have a beneficial effect
upon the speculative market temporarily,
but they doubt that 1t will be Of long
duration. They believe that the market
will continue largely professional for
some little time. They realize, Of course
that the ability of the city to secure such
a large number of bids for its bonds is
money in the country seeking investment.
and they realize also that 1t indicates
material return of confidence on the part
OF investors in things financial.
While the Importance Of this change IN
affairs In comparison with only about two
months ago is fully appreciated. it is
thought that SPECTATORS will continue to
operate on small scale until the pOliti-
cal situation Is more definitely developed.
the outlook for business better and the
attitude OF the national ana Stato du-
ministrationS toward corporations less
aggressive.
4
Railroad officials say that while some
lines Of traffic show improvement, there
is not much change on the whole. and
they do not look for a material increase
in the volume of business offered during
this month or next. Manufacturers say
that orders are coming to hand more
freely, but that they do not expect a rap
id increase in their business. They believe
that the improvement will be slow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

NEW YORK. February 15-Rev. Henry
Wilson. for twenty years in Christian AL
lance work with DR.. "A. b. Funston of
that city. died in Atlanta, Ga. Thursday
of pneumonia. He was sixty-s years
old.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

MANY houses to be erected on the same
lines. such as the building OF . new
town like that in progress at Gary. Ill.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

Washington Stock Exchange.
sales.-Reculsr call. IL o'clock noou-Capita
Warrington Gas. 8 at q, Is 1t e2x.
Traders National Bank. at l25.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

DULUTH, Mimi, February 15.-Wheat.
No. ]. hard. 1O41s; No. ]. northern, 1O2h:
No. . northern, 99ls; May. 1918; July,
102b.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

MILWAUKEE,, Wis. February 15.-No.
1. northern. 1O6a1O7; No. 2 northern,
1o3alO5: May 93ha039s asked.
Rye-No. ]. 81.
Corn-No. g. cash, 54a57; May, 61h
asked.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

MINNEA POLLS February 15-Close:
northern. 1921 No. . northern. 1914; No.
3 northern, 96A a99A.
Flour-First patents. 5.15a5.3O; second
patents, 5.O5a5 90 first clears, 415a4. 25;
second clears, 3.35a3. A.
Bran in bulk, 1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

ST. LOUIS. Mo-, February 15.-Wheat.
No. 2 red cash. 06a9S: No. 2 hard. 941Aa
961.: May. 94A July. S7A.
Corn-No. . cash. 0Aa55h: No. 2
white. 551zaJ6: May. 573s; July, 571a
Oats-No. 2, cash, 5Oa51; No. . white,
l1a;I11h: Nav ;dlL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16

next fall or winter. Ine closer dney get
to the actual contest the less certain are
the railroad lawyers that they will be
able to beat the law.
The stock exchange has not yet
awakened to the dangers threatening its
existence through the enactment of state
the exchange and the rank and file Of
Its membership hold that the usages of
tho exchange are strictly within the
law and that no statutory enactments
terfere with the established order of
things. They stoutly maintain that every
transaction for the purchase of stocks or
bonds on the exchange Is a cash trans
it is entirely beyond the province of
Congress or the state legislature to pro-
hibit the purchase or sale of any kind of
property on installments or to prevent
the sale of any kind OF property for fu,
one, but it is being thrashed out again
as vigorously as though belonging under
the head of a new discovery.
Representatives OF every important iron
and steel company in the country are
holding almost daily meetings in this
city for the advertised purpose of devils
ing means for the maintenance of prices.
From the highest authority in the land
comes words of approval of the spirit
and purpose of these meetings., yet every
lawyer you talk to admits that the ses-
sionS are in direct contravention of the
law for the prevention OF combinations
in restraint of trade. A few years ago
the iron and steel men engaged in identi-
cally the same business of maintaining
prices felt obliged to hold their meetings
In secret and to.dodge around from city
to CITY, lest they might be arrested. If
meetings for holding up iron and steel
prices are legal and laudable why not
meetings for the same purpose In grain,
cotton stocks anu bonds? Funny days
we have fallen upon.
Specific publication that Mr.. Hartman
and his associates cleared 500, 0OO. 900 by
the sale of stocks and bonds within their
control to the Union Pacific occaSioned
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-11-24
UNITY IS NECESSARY
Strength of Union Movement
Depends on This, Says
GomperS.
TALKS TO BUILDING TRADES

Denver, Nov. 24.-The Building
Trades department of the American
Federation of Labor began considera-
ton of many questions referred to it
by the parent organization. Sixty
delegates, representing 10 trades and
about half a million workers, were
present at the opening session of the
convention. President James Kirby,
of Chicago, presided.
President Gompers spoke for the
American Federation of Labor and he
advised the delegates not to do any
thing in the course of their deliber-
atoms that might injure the cause of
the trades union movement, no matter
how much it might advance the cause
of some individual building trades Or
ganization.
Nothing could be more disastrous
than the weakening of the bonds OF
unity among the laboring men," said
Mr.. Gompers. "One let the employer
understand that the spirit as we'll as
the fact of union has been destroyed
and he will soon have one employe
pitted against the other. as well as or
CARNATIONS as a whole"
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-11-24
WOULD HAVE EMPEROR
AGREE TO "MUzzLE"
Wilhelm Fails to. Attach His
Signature.

Berlin, Nov. 24.-The Kreuse lei.
tung says that Chancellor Won Beulow
took with him to Potsdam last Tues
day on the occasion of his interview
with the emperor a document for the
emperor to sign, which has not yet
seen the light.
The Tagehlatt has ascertained In
Parliamentary circles that this was q
pledge to impose self-restraint upon
himself in talking with strangers, es
pecially journalists, but apparently
the emperor failed to affix his sigma
ture. The paper states that the Chan
cellor had shown the document tc
several of the Ministers and conserva
tive members of the Reichstag, includ
ing President Stolberg- Wernigerode.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-11-24
Lodge Not the Cause of Staying of Elk
Committee Animals Are Becoming Extinct Because Lack Good
Feedirg--Woutd Have Animals Protected by Government

the order, in the United States, asking
for the establishment of a government
game preserve adjacent to Yellowstone
National Park, to provide feeding
grounds for the animals, which bid
fair to become as rare as buffalo, un-
less protected.
According to the statement of Gov
ernor Higgins, elk are dying in great
numbers in Wyoming, where there are
nearly half of the 10000 or so elk of
this country, because cattle and sheep
particularly are permitted to feed over
their grazing land, during the yearly
migration of the elk to the southern
or central parts of the state.
The memorial also will ask for an
appropriation of $4,000 to maintain
the preserve, which shall be exclusive
ly for this purpose