davidaulloa/AmericanStories huggingface dataset:
Decorah-posten og ved arnen., 1908-04-17
slo,n = MAILMAN uHR

SAINT f5rstsklasses Guldstas direkte fra Fabriken ill dig med
Besparelse AZ ale N e~liemmrnds Udgiftsr. skry eftes smuk,
iuuytreret Katalog No IL = FRTf,
r. N. SChR0N, los Aston Place, Jersey CITY, !. y.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07

O'Conner. the well driller.
Larson. real estate. that's all.
Grand Ball Friday night. May ist
Get your horses shod at Nc
Lennan's.
Just received a fine line Of watches
at the jewellery store. Prices tc
suit the times. If
If you want to sell or trade your
ranch list it with The Nezperce
Land Company.
We are going to close out our
entire stock Of lumber al mill No.
and viii give from IS to IS per cent
discount for cash. Ramey Lumber
Company.
We desire to call the attention of
horsemen to the fact that we have a
large selection Of stallion cuts and
are prepared to print your bills on
short notice.
Come to my place two miles east
and one mile north of Nezperce,
about April 9Th, one brown and
two gray colts. Owner can have
same by paying for this ad. w.
G. Parrish.
w. R. Grim, the auctioneer, will
cry sales anywhere in the Clear
water country. Twenty years ex-
perience. Specially made Of ner-
chandise sales. Positive satisfac-
ton. Give me a trial.
There will be a meeting of the
Farmers Educational & Cooperative
Union at Wilson's hall Saturday
afternoon, May 9, 1908, and all
members are earnestly requested ID
be present. Jas. Marker, PRESIDENT
STAYED OR SroLEN-Some time
this spring, iron gray mare, coming
two this spring, branded ] (Bar j
on left shoulder, bay horse colt COM
ing three this spring, branded ] on
left shoulder, brand very dim. A
liberal reward will be paid for in
formation leading to their recovery.
Notify Herald Office.
Buy a winter home in the new
townsitc Of Spaulding. and it will
also prove good investment. When
he railroads now building are COM
pleted Spaulding will be an import
ant railroad point and 1t is conceded
hat the Northern Pacific shops will
be put in here. Spaulding is also |
On the Spokane & Inland Electric
Inc survey. Been blowing here for
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07
six weeks. S. S. Piper. agent,
Spaulding, Idaho.

six weeks. S. S. Piper. agent,
Spaulding, Idaho.
II you are going to do any build.
ing this year let US furnish you your
plans and specifications. Everything
necessary and up to date for a
house, barn, stock shed, wagon shed,
poultry house, hog house, horse
barn, smoke house, ice house, dairy
barn, or any other conceivable out
building. All the latest inventions
and contriyances for saving money
time and labor. Ramey Lumber
Company, Limited, Nezperce, Idaho.
A hound pup, who had more curl
osity than sense, found a humble
bees nest and proceeded to insert
his proboscis into the opening in
order to find out what II was. Be-
fore he had time to Withdraw the
notion the head of the bee family
had soaked him in FIVE or six differ
ent languages and he fell all over
himself in an effort to get hence.
he ran to his mother and showed
her an array of bumps on his snoot
as big as Jumps of coal, but she said
as she ran his smeller into some soft
mud to take out the pain, my son,
you should learn from this that it is
a good plan to keep your nose out of
other peoples business. LEX.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07
Notice Of Dissolution

plants growing In pots. The hole
=. s,,s> A.>*s~s..- Of the. mot serves ex-
Notice Of Dissolution
Notice is hereby given that the
co-partnership heretofore existing
between the undersigned and doing
business under the firm name of R.
E. Milestone & Company has this
day been dissolved by mutual con-
sent. Robert Allison retiring and
R. Z. MILESTONE continuing said
business. All bills due or owing to
be paid to R. E. MILESTONE and all
debts owing by said firm viii be
paid by him. Dated this 18th day
of April. 1908. at Nezperce, Idaho.
R. E. MILESTONE.
Robert Allison.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07

IIRAM LODGE No. SO. A. +. d A
1 ! NJ. of Nezperce, Idaho. Regular
communications on the Friday evcn-
ing on or before the full moon Of each
month in the /. o. o. F. Hall Visiting
Brothers are cordially invited TO at
tend. J. 81. LEWIS, w. M.
II. G. ANDERSON, Sec.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07

A MERICUS LODGE No. 43, K.
= = of P, meets in Odd-Fellows'
Hall every first and third Thurs
days in each month. Visiting
brothers cordially invited to attend
n. @. ANDERSON, c. c.
P. w. MITCHELL, K. of r. q S.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07

n o. o. F.-M0RNI STAR
IL Lodge No. 56, of NeEperce, Ida.
Meets every Saturday evening. Visit
ing Brothers cordially invited.
r. B. STIGUn, N. G.
M. d. DEMouDE, SEQ.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07
WELL DRILLING

The following are my priceson well
drill work; Dirt per foot so cents,
rock per foot S2.25, to 200 feet.
Anyone wanting a well drilled on
short notice is requested to call on
or write me at Nezperce.
T. P. O'CONNER, DriIIer
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07
FRATERNAL ORDERS

wy OF W.-NEZPERCE CAMP
w No. 445- Meets every Second
and Fourth Wednesday Evenings
of each month in Odd Fellows
Hall. c. w. BooTH, c. c.
G. o. DAVIS, Clerk.
The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1908-05-07
Tile Drainage
oooe

The benefits are best illustrated
by noting the effects of water on
plants growing In pots. The hole
New-York tribune., 1908-07-19
AUSTRIAN COMPULSORY INSURANCE.

Consul Charles 3. Harris, Of Reichenberg trans
nits translation of a law fer the compulsory IN
surance of private and certain public employees IN
The law provides for the creation of a fund for
the payr11eTt OF annui.ies TO incapactated or re-
tired private and certain public employees ana the
total annual payments to be paid by the employer
and the enploye- .
Persons not obliged TO insure are those VINO nave
secured positions after their ifty-fth year: those
who owing 10 former service. are already enjoying
invalid or old age annrties. etc: persons employed
outside the limits of this law; employees OF traifc
railroads the adjusting of which claims for 1nsur
il 10 be provided for by the Ministry OF hai-
reads
Persons who are REQUIRED to insure all those
who have completed their eighteenth year VINO,
from one and the employer, receive a mohlhig
yearly wage amounting 10 at least go crowns
a. en a year and also all public employees nav
I'M no fixed claims for state. invalid or OLD age
pensions well ell pensions IN favor OF tnelr
heirs Employees are. however not consioereo WIG az
render the following service: Persons engaged IN
the production of goods and rendering physlcai
labor in the broedes sense, mining. agricultural and
factory vorkrnen. apprentices and servants, those
to whom the domestic employment law hnds ap-
picsion who entirely, or almost SO, reiioer oo
mesilc service-Consuiar Repart
New-York tribune., 1908-07-19
CHICAGO GRAIN AND PROVISIONS.

Chicago. July 1s.-Failure OF long interests to
give support In the face OF bullish conditions
caused dull wheat market here to-day The
close showed prices practically unchanged. Sep
te-1aoer corn was sc lower. Oats were OF Nc
and provisions showed losses OF 20c to 45c.
Speculative temper in wheat at the start to-
day favored higher prices, but trade not
large Higher cables. good export demand and
foreign statistics of a bullish nature brought out
some good buying orders frcm outside sources,
and shorts covered their lines to some extent
prospects for worlds shipments were Tor about
half the weekly estimated requirements. and re-
ports from Baltimore were to the effect that ex
porters were taking practically all the grain at
that point and that stocks would show mate
rial decrease for the week The effect was sub
stantial advances in all deliveries A disposition
on the part of the longs who have recently sold
out TO defer reinstatng their lines developed. and
the market thereafter became dull and featureless
and practically all of the early gain was lost
The close steady. September opened Nc to
&c higher at 81 &c to slasc sold firm at 81 &c
to s1hc. but reacted later TO so7sc- The close
a shade the previous final figure at
&c to .9lc. Primary receipts 94S.000
bushels. compared with $4,000 bushels the cor
responding day year ago Clearances OF wheat
and flour We're equal to $4,000 bushels Min
neapolis, Duluth and Chicago reported receipts of
s54 cars. against 1913 cars last week and 2s2 cars
a year ago.
The early corn market was strong in sympathy
with the early sentiment in wheat but excellent
weather for the crop weakened the more distant
futures, and some influential liquidation OF Sep
tember caused retrograde movement I'm that de-
livery The selling pressure came chiefly from
commission houses Country offerings were light,
stocks here served to prevent large recession In
prices The later market became dull and the
close at the bottom. September opened &c
to sc higher at 76asc to 1850. sold between
1850 and 757ec and closed at 75%c. Local
ceipts 19s cars. with 25 of contract grade
Oats easy for the crop months. while
the July delivery held firm very moderate
amount of trading. Weather favorable for the
development of the growing grain was responsi-
Bile the sentiment IN the deferred futures, but
weekend covering by shorts of sufficient
volume take most of the surplus offerings
So,.soY q p q u
43Sc ranged between 1850 and 427sc and
closed at &c lower at 43c. Local receipts were
9b
Provisions weakened under selling OF general
character. There considerable liquidation
by ecalpers and outside holders because of lower
prices the yards and increased movement
of hogs At the close September pork off
55c at SIS so to SIS S2h- Lard was down zoe at
ssS S71z, and ribs 221ec lower at IS 81
Estimated receipts for Monday: Wheat, los
cars; corn, l44 cars: oats 100 cars; hogs, $4,000
head.
New-York tribune., 1908-07-19

GEESE prime Mssss,1 per . M sH 90
R1 FOWLS per pair Soc PIGEONS. per pair 2oc-
q1xi. a2Ts saa and s
Of a4s and fsen %
further Improvement in prices mex, & week nc psdss
and such command rs1nss good Il as Basu besn
gEfs; 9,asr 5sns
,Sms :ssis. i's sloIsr. dc PRsaei
ss5i ds .ssa:s & si: q
'ssSsa Dr. psss.s s Ms..1n as
ss,s iss do s Sss Rehaf a
sf: da 15ss :eaas es $ fB
COCKS. dry picked and scalded. &c: pucKLINGs; ;
ss: Is, 30 Mixed DO dark
,sow % som. ssssss: aa
searss e sss no'ae moving outside
msns or
s o. Of e south stock in late and
had be forced on, at cut pr,Ss; ]
sa sne n o. nsseesed SaHes
Sw x s".1 and In
Of iomatoe. met 1 S09a s T.Isst South .i,
tho and prices had to be materially reduced
ar. ar 'ae quite s''
accepted. We quote; POTATOES. Lons Island In
sp DO so pe4 .se ss
white Southern. per bbl ssass 5o SWEET PoTA-
TOES Jersey. 1907. per basket. 81 sods2 25: BETS
and CARROTS. per 100 punches. 81. carrots old Per
double head bb I5c q 81 80: CARRIAGES. nearby. Flat
Dutch, per 100. $5d&s do nearby small s3GS4: do
per bbl soca 81 25: do red. bbl. $19yl 25: Gu
cUMBERs; Monmouth County Per box IScgH ia ~
Delaware, per basket. 75c q ~ IS; do virginia per
bbl. 81 80 I$2 30: do Baltimore. bushei basket
65 a T5c do hothouse, per basket. H4S2 5oi dc per
box S24$2 so: cucumber pickles per Dbl. S29S2 l9
CELERY. per dozen stalks 1596oc; EGGPLANTS
Jersey per box 75cae1 do Jersey per y bbl basket
81 so: GREEN CORN. Hackensack. per loo. ng$i oo
do other Jersey. per 100. 4ocgs1 25 LETTUCE state
per basket 81 49, do nearby. bbl Toe u 25
LIMA BEANS South jersey per y Dbl basket Si %
QsS 90: do MARYLAND and Delaware. potato per
bbl basket. s2@Sa so: do fat per BASKET 81 gss do
punches 5Ocas1: ONIONS. Shelter Island yellow per
bbl $29So 25; other Long Island. red " ~: oe
do yellow. $2T&2 %: do Bermuda per crate Toe do
Egyptian per bag, 81 25sSl "a; do Southern per Dbl
81 81 rs: do basket. 75@s5c; do Jersey. yellow
per basket Csc 81 ~; do small white per basket @
bag 81 o5 do Orange County red per bag - 90 ia
do sets 81 F9i e5 shallots nearby per 100 eunehes
75cf&1 OKRA Jersey, leo. 1Sc: PEP ERS Jersey.
cheese per box soc; do Jersey. Euil Nose. BOG I2c
do Jersey per bbi basket. 7ac II: do Jersey Bull
Nose per bbl S26&e rs: do southsrn per carrier or
m53: do Der bag 81 2S0SI 75: STRING BEANS. Long
Island and nearby green snd wax per bag u @@ 23:
do state. wsx psr basket u4sl 2S do green 81 .
81 so: do Raitimore per third basket ~ 23 81 So.
SPINACH. nearby. per bbt 1881 so; SQUASH: Jsrssy
and Long Island white per bbl 7ec0Sl; do white PEI
New-York tribune., 1908-07-19
OTHER MARkErs-eY TELEGRAPH.

Chicago July 1s.-CATTLE-Rec about 100 head:
market steady beeyes 81 35ds TO- Texans 50 5odS5 50
Westerners 75s6 stocers and feeders 81 5g$4 So
hefers So 25as5 90: calves 1886 80. HOGS
ss 2oass S. mixed ss 2sass ao: heavy. Sc 2sgss s5
rough. IS 5G$s 55: good choice heavy SO 55dSe e
pigs s. 30G$6 20: bulk OF sales SO 6o9$6 So SHEEP
Receipts about 600 head market STEADY natnes y 20
s. 5oG&s SIS: Westerns. 81 500s6 S.
dull vEALS- Receipts 20 head: active and 25c lower
$5as7 5000 head; fairly active and
DC higher heavy mixed 81 lsaS7 20: Workers. g s
81 2o pigs $5Qs6 roughs s5 759s6 TO- dairtes So so
81 10 SHEEP AND LAMBS-Receipts. 800 head fairly
choice ss sOas7; prime, se 50gs6 rs. VEAL GAINES
81 bOas7 Is. sHEEP-suppy light: slow; prime wethers
81 6sdS4 IS: cus and common. $2d$3. IAMBS-S4 IOtg
So 10 HOGS-Recepts light; active higher prime heav
les heavy Workers. % light Workers. -
6s7 TO- pigs. SO 4odse 60 roughs s59s6
and shippers. S. o59s7 10; common. S. % ase %
CATTLE-Good steady; others weak: fair to gooo
shippers. IS IS 5@&s 25; common. 81 25 Is3 20 SHEEP
-steady 81 25 So ss: lambs slow. 50 30@s8 10
Kansas CITY, July 1s.-CATTLE-Receipts. 400 head
including Southerns: maIk ket steady; receipts for
the week. 45.8oo; choice exports ard dressed beef
steers ssl 50; fair to good s. soass western tern
So T5 Southern steers 50 1895: Southern cows S2g
S. So native cows. s2ds4 rs; native heifers q so
Ss 25 bulls 81 % -; calves. % 5o9$S HOGS-Re-
ceipts $500 head; market loc lower: top, SO 75
bulk of eaie ss ss heavy, es s5 q So 20; pack
and butchers. s6 80 SO 20; light Sc 80 Sc 60
Receipts none market steady; lambs. SAC $6 80:
S. so Texas sheep s. Gsi 40: and feed
ers So asa receipts for the week. 1e.2oo
New-York tribune., 1908-07-19
a CATS MEAT MARKET.

orom recent statistics il is estimated that in the
metropolitan alone thirty thousand horses ole
Or are killed each year. On an average a morse s
Yields two and one-half hundredweight OF gooo
meat and every pound cuts up ihto SIX
.hs' 'porths' each carcass provides food Tor d
large number of meals
RE wholesale cats meat dealer rarely receives
-,1re than Il los for the supply of meat from one
carcass but an economical retail seller can oraW
A. almost three times this sum from a GOOD dis-
.rsbI,on of carefully "-spced" skewers. one large
e-rn in South London supplies between seventy and
eishry tons Of meat every week TO feed hungry
osrs and dogs and some idea of the extent OF the
trsde done in this class of food In LONDON may pe
on+sined from the fact that the firm IN question:
emnoys thirty wholesale statesmen and hundreds
~ rlsughterers A complete refriserating plant rs
er,noyed TO cool the arders in which nearly tnree
Kindred carcasses be stored
eats meat market is held in the yards OF some
n the larger firms six mornings week, and rs
M. unlike miniature Snithfield- The sales are
conducted the same principle as IN iaTger mar,
tes big tanks of prime beef being ofered ana
eagerly bought I'D. Business commences at . a. m
and continues for about three hours. Ihousands
~ s-,aI traps hand carts and barroWs nne the
streets IN the yicinities of the markets, ana are
soon laden with consignTnenfs of meat SkeWers.
loo are sold and il usually takes half ton TO hx
m q davis sale As many 1S tons of deal are
consumed year in the way of skewers skeWer
of cats meat weighs three ounces ana SIX nun
dred horses are consumed every week-Ilt-bils-
New-York tribune., 1908-07-19

COTTON-The cotton market to-day q narrow
weekend affair quite typical OF this stage in the growing
season Scalpins commitments had been pretty well
Of character to promote fresh commitments the part
of cautious professional contingent In the face Of
uncertain weather map on Monday morning plus pres
situation well balanced by
the Of quotations for the past
era! be considered a trustworthy guide Tho
opened steady. decline Of points July.
but generally unchanged to points higher and showed
change the close being points lower
July and unchanged to point higher on later months
Sales estimated about $4,000 bales
With the exception Of shade steadfer Liverpool cables
anticipated which private advices explained the
ground of anxiety concerning alleged crop
generally against the market. skepd
figures showed smaller takings OF American cotton than
the period last THE Chronc1es weekly
crop review, while mentioning complaints Of dry hot
weather said the of the had been favorable
weather reports considered good the
promised favorable conditions Sunday and
rather bearish circulating to spot
in South. with wire reporting lots of
offering buyers in evidence At the same
undercurrent Of bushness In the local
market upon the assumption that all bearish fac
have been fully recognized and that the chances o
consequently in favor OF the buyer around
the present level quotations theory which has
passed for that IAN that s known is
price
The range prices in the local market to-day
foJtou
New-York tribune., 1908-07-19
LIVESTOCK MARKET.

New York, July 49, 1905
BEEvES-Receipte so $50 head. all
consigned direct elaushterers. Feeling nominally
steady. Dressed beef dull and unchanged; common to
choice sides selling sG111sc lb. No later
cables from Liverpool or London Exports from this
CALyES-Receipts 133 head. all direct to
slaughterers. Feeling steady City dressed veas In
good selling sQ12Isc lb: country
dressed SLOW for choice at 5a 1ohc
dressed buitermilk calves at 6Gsc
SHEEP AND LAMBS-Receipts were 25 cars. or
811a head. of which sold late yesterday
consigned direct butchers and is cars on
the market to-day Sheep continued in very light
receipt and all grades steady lambs slow and 2oc
good sheep sold sa9s4 so 100 lb; fair TO
at 1@elsc per lb: dressed lambs active at 10
Gi3c.
sales-shirpers Commission Company: 24e Nir-
eina lambs SO Id average. 81 100 ID; 251 West
Virginia do ID. Sc s5; 255 do, 67 b, Sc So
Virginia sheep 100 H. at So
Tobin & Shannon: 24o Kentucky lambs e9 lb, at
81; Kentucky sheep. 100 h. at 81 so
Mcpherson & Co: III Maryland lambs. 10 lb, at
81 25: PAS Virginia do. 90 lb. 81
kerns Commission Company: $40 Kentucky lambs
&c b. 81 10; 235 do 72 Id. at 81: 4s2 Virginia do
40 b. at Sc 30; Kentucky sheep, 50 ID. at 50
Newton & Co: 2s2 Virginia lambs. 73 lb. at g;
Gate 242 Kentucky lambs rs lb at 81 35;
2S6 do. 72 ID. at Sc S7ia
consigned direct slaushterers Feeling nominally
steady Prime medium weight Pennsylvania hogs sold
late yesterday 81 Is per 100 lb roughs at Sc Is.
Sales-S. Sanders date yesterday: 40 Pennsylvania
hogs ieS lb average. at 81 Is per 100 lb rouEhs.
252 lb, Sc Is.
New-York tribune., 1908-07-19

iron a sna on nnessnseS sss
RsguIar srsdes were quoted as s 6coSer
SIS i5asI5 Is: November. sl5 1o0$1s. and December
MoIAssEs AND sYRUPs-No chang: ha. occurred .soa
market which continues to ;nTw .nt
and s new snsines. at .tsaass sysup
aIsS quiet ano reaa esssfus.
1ss fair sSI2c; sooS sa 2eG y1RPsco@mon 1s1ms IS
a17c: fair, 1e@2oc: good. 1sa22c; PRIME 1i~S'''
Oseotonseed oY moderately active today DAY
with prices ole lower under sohtinvfd t the weak
Keesg: os,se.s fairly to soe
Solo sec aSe se and
W nnots sad Hifs5 FL
bb. Phisdeghia s.oe .nS,a bulk esse;
rsnnsa Tassr whe aass New YORK FORK tb &C. PHI!
assph. Sasa aGs ssla
Prime nomina prime sumner yellow .Per'
40 IVY oesess s
e : Sf
sass!ess ssss ss 'ss
80 eo1n.: %
ss' 5s on % much
5000 and msss nsss
es Se e kaesss city nas an'
ss$5. S.:: s. g.
oss,.s
ss ,s. dsss 5ss r
9Mc: $50 h. 9%c; 140 b. 9Sc; pigs. lo1 q ~ Ec'
ie s,1a 4niISSNIsarss + sSs fsn,ss
steady: city 5lsc country 81 qsNc LARD-Easy; as;
Quoted Middle western prime. e5oq SOC City !ata
s csnnsn ase se5e Brazil
12c coMPoUND-steady. Quoted sN @she. sTEAR-
INE-steady quoted oleo. 12c; city lard stearine'
RICE-whiIe moderate tobbins demand IL noted
for rice In quarters. the general market is
quiet with buying only for current needs and rather
light stocks Of descriptions offset to
fSon sRo sas tS the sr?R
5@5Ac; good ordinary. 5% a5&c; prime. o1s 90 g;
choice, 6e Q6%c; Patna foreign, 57 @ossc' fansooh
sUGAR-The market for refined sugar Is quiet at
the moment with demand limited to immediate needs
but is generally conceded that the actual ccnsump-
heavy. The following list prices, subject 10
rebate of 10 points and discount OF per cent 1or
cash. days: Crystal domnos. 1.15c; Eagle tap
5.75c cubes 5.s5c: xxx powdered. b.55c: powdered
powdered and fruit oQwdered and Eagle coarse
and granulated. 55oc; Eagle 10 bags pow
dered and Eagle confectoners granuated 6oc;
Eagle Of fine granulated. 560c: 10 bags
do. 6.7oc; 81 n bags do. $3.50: n bags do oeOc;
Eagle fine standard grsnulated and diamond A;
4oc confectioners' A. 5.20c; No l. 52Oc Nos ana
3. 515c; No 4. 510c; No 8. 505c: No g. &c; No :!
e5c No g. 49Oc; No 9. 4.s5c: No TO- 415c; No u
soc. practically nominal market reported for
to-day in the absence of business. with
centrifugal 98 test quoted at 4-304 36c; muscovado
test. $50 a s6c and moasses, 50 test at o54
3.61c. The cost and freight price, Cuban remained
at 2 1862 81 -32c. The London market for beet
standing at lis Nd for July and August delivery
The distant delivery firm
New-York tribune., 1908-07-19
STEEL COMMON SOARsl
preferred Also Up-Rumor of Bond
Exchange Like That of 1903.

.,.., states Steel common stock, which had
ru.us,ly strong all the week, made a new
-.cord for the year yesterday. touching 44st
=. -. .onpares with 2l7s In the October panic and
s :, the close OF December. 1906. when the un-
~ ~. orders of the United States Steel Corpora
1n 1.,od ct ssSe7is tons, the largest in the his
u u :, ,he company. The preferred stock was
v" ,-onr Yesterday. advancing TO 10Sss. a net
= Cor the day OF 1i2 points and within y point OF
t .ea aeure Of The year. Last November the
,.ferred down TO 1s's.
=, tne explanations advanced the strength
-. ..eel stocks rumor that the corporation
.a..,5ed 10 offer a bond in exchange for the pre-
-. .s stock II argued that II the manage
-. could retire block of the per cent cumula-
~ ~ -ese-red stock with bonds. the dividend pros
- of the common stock would be greatly in
f.a5 I, Will be remembered in this connection,
.,~.xer. that the Steel Corporations attempt to
~, ,,e preferred stock into per cent bonds
,ao. u-.s a failure and IL the preferred stock
,sa-s would not accept q per cent bond in
- a, is regarded as equally certain that they
o,ld not do so to-day
.,. a,lv acceptable theory for the advance in
-. stocks well informed interests say, is the
-,.e5 condition in the trade and the optimistic
roes of the heads Of the corporation. Brokers
- .,so that the floating supply of Steel common
xrv small majority Of the stock now being
Ia nv q class of small investors who never sell
,ass the dividend is passed
The steel Corporations report for the June quar-
- soon will be made public. According to Wall
$500 estimates it will show untitled orders Of
-. 5cN e,o tons or about 25oooo tons less than
-. March quarter, which showed a decrease of
GO ..o tons from the preceding quarter. The in
ss,ce drawn in financial circles of a decrease of
Ii, 2so5.a tons for the June quarter. as compared
-, the large falling off IN the March and De-
cernher quarters is that the corner has been
turned.
,.s5e,s oould be maintained while the untitled
ae-s were dropping from s.4s90o tons to a.5oo.ooo
-ons II is reasonable to suppose that the present
-.,es will he continued under present conditions
!, % Thought however, that il will be some time
,.,o-e the common stock will be re-established on
!. . per cent basis, when the fact that the Mareh
,.,en,ent showed surplus of only S7.sSo is taken
s--n consideration