davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
NEW YORK BANK STATEMENT.

NEW YORk. November 2S.-The state
ment of clearing house banks for the
week five days. shows that the banks
hold sos 130.65O more than the require
ments of the 25 per cent reserve rule
This is a decrease of 81, 46S.975 in the pro-
portionate cash reserve as compared with
last week
The statement follows:
Loans. 81 $40. 537 100: increase, 81 764 900.
Deposits, S1,425, 375, 600; increase, SILL,
346 700.
Circulation. s45,o42, 100: decrease. $3.50
200.
II, Legal gal tenders. sSo.o47.2oo; increase
Specie s3o4. 427, 200: increase. s1O36, 700.
Reserve. 1884. 474. 400: increase. S1361.1 100
Reserve required, 1856, 343. $50; increase,
$2.S37.6
Surplus. S2S 100. $50; decrease. 81, 46S,975.
EX-United States deposits, $50, 1856 075;
decrease. S1557. $50.
The percentage of actual reserve OF the
clearing house ,anks today was 1852.
The statement of banks and trust COM
panies in Greater New York not report
ing to the clearing house shows thu those
institutions have aggregate deptaltS or
s1.1O s41 100: total cash on hand. SlO5,-
200
Money on CALL nominal: time loans.
nominal: 60 days, 2a4a3, and 30 days, 8;
months. 31a.
Close: Prime mercantile paper. 3& 10
Az per cent: sterling exchange, firm, with
actual business in bankers bills at 4.Sl3Oa
4.S4S0 for 60 days. and at 4.S660a4 1860 for
demand. Commercial bills. 4.S4a4.S4
Bar silver. 4S: Mexican dollars. 40: gov
eminent bonds, steady; railroad bonds,
irregular.
The Financier will say:
The statement of the Associated Banks
of the city of New York for the week end
ing November %, taking actual conditions
100 in surplus reserve, bringing that item
down to S23. SS1 ,125. the lowest point
reached with one exception during the
present year TIE banks lost in cash
during the week s4O5S. 300 due mainly
to opera tons with the subtreasury, al
though small shipments were sent to the
Pacific coast and to Canada. Loans con-
tinue to increase the expansion for the
week just ended having been $1O.34O.IO
Deposits showed a corresponding in
crease OF 50 021 200, and this with the
decrease in cash. accounted for the fall
in legal reserve percentage. The deposit
item of the clearing house banks is now
larger than at any previous time In their
history. Circulation was decreased dur
ing the week by nearly two and half
million dollars. making about seven and
a half millions contraction which has oc-
CURED on the present redemption move
ment. extending over the last three
weeks The summary Of the state banks
and trust companies in Greater New
York not reporting to the New York
clearing house indicated an expansion of
S5.SSi. 500 in loans, an Increase of about
one and a half millions in cash and an in
crease of .9SS 100 in net deposits. The
trust companies alone seem to have In
creased the amount of their cash in vault
s1323.9 800 during the week just ended.
The surplus receipts of the clearing
- = T., - ,l,-
1.S2 per cent above the legal % per cent
requirement.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
Price Movements Irregular
and Reactionary.
SPOT SHOW OF STRENGTH
Hasty Sales to Realize on the Sud-
den Advances.
GENERAL TONE DISQUIET1NG
GENERAL TONE DIsQUIET1NG
Discrepancies Between Weekly
Statement of Banking Averages
and Actual Conditions.

"w YORK, November 2S.-There was
spotty show of strength in today's
stock market in number of stocks not
usually of foremost prominence. Specu-
latiye rumors were the material of the
operators who bought and bid up these
stocks. Many were in repetition of those
heard yesterday and there were rather
feverisll fluctuations In some of the stocks
which had moved in response to such ru-
mors yesterday Hasty sales to realize
on the sudden advances caused as sudden
felapSeS Consolidated Gas was con-
snicuous case in point. That stock was
eff9ted by rumors that the Supreme
Court at Washington would hand down
Monday q decision favorable to the con-
te:tio1 of the company against the
eghty-ceut gas law.
AS there is TO possibility of verit1ca-
ton OF such rumor the stock moved
uncertainty in response. There was SINH
lar uncertainty. although over narrower
range, in the movement of Missouri, KAN
sas and Texas, which started into activ-
fly on variety of rumors pointing to the
merging of the system with several other
railroads. Dividend rumors formed an
other source of ammunition for the bull
ish demonstrations.
The effect of these sporadic advances
was disquieting, rather than reassuring,
TO the tone of the general list. The artl
fetal appearance of the advances deprived
them of convincing force, and the usual
favorite mediums for trading operations
were inclined to depression.
Dropped to Lower Levels
The Hartman Pacifics, Reading, United
States Steel. Amalsamated Copper and
American Smelling dropped to lower lev
els. The movement of these stocks deter
mined the undertone of the whole market
Their decline was based on doubts over
the general speculative position owing to
the high level of prices, the prospective
capital requirements in the form of new
issues and the undercurrent of uneasi-
ness over the European political stu
alton. Foreign sales of securities here
were large.
The discrepancies between the weekly
statement of banking averages and the
actual condition were unusually wide,
especially In the cash item. The gain in
cash OF 1885,. 900. indicated by the aver
eges. compared with a decrease of $1,000,
OoO in the actual condition
me average daily loans have expanded
only S7I64,OOO. while the actual increase
In that item was SIC. 80 ZOO. and this was
supplemented by loan increase of
S5,sS4.S0O in loans by other banks. The
important bond operations of the week
seem to have affected this item largely.
The shrinkage In the surplus averages,
while but 81, 46S915. reaches the substan-
ftal figure of s6.617.225 in the actual
showing. the effect of the latter being
thus deferred for later statement of the
averages.
Bonds were Irregular Total sales mar
value. S2.66S. 600
United States bonds were UNCHANGED on
call during the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29

road to solvency and ease is to increase
the burden OF taxation. Never mind. when
Mr.. Hartman succeeds In diyerting $Ao.-
100000 to 500. 0O0, 600 of traffic from Penn
sylvania and New York Central over to
Erie he will have made a long step to-
ward the rehabilitation of the latter road:
He will also have increased the regard
entertained for him by the larger rivals
before mentioned.
The distribution of S17OO0.OO0 of unex-
pected money to the. Northern Paclnc
stockholders has giveH rise to a rather
belated discussion on the virtue OF Keep
ing assets hidden from the knowledge OF
stockholders. The point is raised mat IN
business ethics it is as wrong to mae
assets as 1t would be to conceal denclts-
that stockholders have a right at all
times to know just where they are at.
regardless Of what the books might snow
and regardless also Of whether the eX-
hibit would make them feel good or bad;
1t is urged that if the stockholders had
known of this fat hidden asset many OF
them who threw overheard their shares
during the panic of last fall might nave
hung on. thereby saving themselves from
slaughter and realized on what was their
own. The argument of the people VINO
talk in this virtuous fashion is that the
officers of corporations must learn TO OBJ
serve the spirit and meaning OF the uni
versal demand for wider publicity of init
mate corporation affairs.
Gossip About Hill.
While on the subject of Mr.. Hill it is
mete to mention bit of gossip about
him which finds circulation in a very linn
tied way in Wall street. 1t relates to the
semi-annual trips which he makes to
Labrador, ostensibly to fish. The hint is
now given out that the real purpose Of
these expeditions is to locate the bounds
Of immense tracts of iron land in that
measured deposits of iron sands. such as
are found along the ST. Lawrence and its
tributaries. Some people believe that
there is more iron in that locality than
anywhere else in the world and that it
can be made easily and cheaply available
for manufacturing purposes here and
abroad.
Once again advance information Of a
Supreme Court decision is afloat. This one
appertains to the eighty-cent gas case af-
fecting the Consolidated Gas Company of
New York. This advance information is
to the effect that the court will decide in
favor OF the company. thereby re easing
something like $4,000, 600 which has been
hung up dependent Upon the ruling of the
highest court on the validity of the state
so cents. On the strength of this tip,
which has been in circulation for two or
three weeks. the market price of the
stock has. gone up about twenty points.
A disconcerting feature of these Wash
ington tips is that they are nearly al
ways right. The leak has been leaking for
good many years. The Supreme Court
seems to be in need of plumber.
W. G. NICHOLAS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
NEW YORK FRUIT MARKET.

NEW YORK, November 2S.-No i'm
portant business is reported in the market
for evaporated apes; fancy are quoted
at So; choice at Tiara; prime at 6l2a7;
old crop at 4a6. according to grade.
Prunes are unchanged, with quotations
ranging from to 7a4 for California fruit
ranging up TO 30-4Os and from 61a to az
for Oregon 5o-30s. Apricots are rela-
lively active and firm. with choice quoted
at S%a9; extra choice. at 9i4a9l2, and
fancy. at 1OAa1Ola. Peaches are I'M
changed, with choice quoted at 7a7l4
extra choice, at 79.as. and fancy, at Slaa
IL. Raisins are meeting with nothing
more important than a hand-to-mouth
demand, with loose Muscatel quoted at
5Aa61a. Other grades unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29

Bar silver quiet. % l6d per ounce
Money. 2a2i2 per cent.
The rate of discount in the open market for
short bills is 2asa2 1-16 per cent.
The rate of discount in the open market Tor
three month bills is {" T-l6a2i2 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
TREASURY STATEMENT.

The condition of the Treasury at the be-
ginning of business today was as fol-
lows:
Reserve fund: Gold coin and bullion,
S15OOOOOOO Trust funds to redeem out
standing certificates: Gold coin. 1858. 69S.
$50: silver dollars, S4sS, 10000; silver dol
lars of 1890. $4651 600: total, s1,356, 461.
500; general fund, $50, .396; deposits in
national banks. Sl:0 1928 $50; in Philippine
treasury 81, 169.9S7: awaiting reimburse
ment. $79,S6 current liabilities, $117.-
7S0,927.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29

NEW YORK, November 2S.-No change
of consequence occurred in the metal
market in the absence of cables Tin was
reported easy. at 29.I 10. Copper was
firm, and some of the larger producers
are said to be holding for higher prices.
Lake is quoted at 1437laal4.JO; cleo
trolytic. at l4.1212a14.25, and casting, at
1400a14.121a; lead was dull at 4.2,1aa
4-32ls and spelter steady, at 5.10aJ 10.
Iron was unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
Carnegie's Flipdap.

When Mr. Carnegie's somersault on
tariff first became known, the ingenious
theory was advanced that he represented
a deep laid conspiracy on the part OF the
Steel trust insiders to force upon Con-
gress the necessity of a harsh cut in
the duties on iron and steel in order that
the big corporation being strongest and
best intrenched might be in a position
to kill off competition in a contest which
would settle down to an issue of the sur
vival of the fittest. This gossip does not
hold water, however. Nobody in the iron
trade is looking for a fight. The least
Of all does the United States Steel Cor
poration thirst for trouble. 1t has to
earn dividends and interest on a capitali-
cation Of more than 81 500. OO0.OOO, and its
best chance of continuing to do this is
in a proongation of trade peace. The
entire energy Of its management during
the last year has been to brace up the
Independents and keep them in line This
took hard work and the strongest kind
of backing from the corporation, even
to the extent of financial assistance in
more than one instance.
It Is barely possible that there may
have been a spice Of malice in Mr.. Car
negies deliveraEce. a good many of his
old Pittsburg associates harbor the no.
ton that Mr. Carnegie expected to fore
close on the steel business of the coun-
try and that he is secretly disappointed
corporation That. however. is mere COS
sip. and at this late day is only referred
to as such. The multi-millionaire iron
master long since gave up any idea which
he might have had that he would be
obliged to reassume control of the prop
critics he built up.
Erie's Financing Scheme.
The new scheme Of financing Erie in
cludes the issue Of another $4,000. 900 of
securities ahead of the stock. The new
stuff takes the form of twenty-year 5
per cent collateral bond of which one
half the flotation C$15.OOO.OOO) is to take
I'D the short-time notes bought by AR
Hartman and his friends last spring, the
rest to be applied to general purposes of
Improvement and betterment of the prop
erty. Mr.. Hartman and his controlled
interests still hold most of these notes,
while Mr. Morgan has the coupons on
deferred payments OF bonds in default
Poor old Erie seems fated never to get
out from under the mountain of indie BIT ed
ness which has kept the system crushed
TO earth since almost the day Of its birth
The eminent tinancierS in charge of the
destinies of poor old Erie evidently be-
long to- the school which teaches that the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
New York Mining Stocks,
NEW YORK. November IS.

Total sales for the day. 474. 500 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
WASHINGTON Stock Exchange.

sales.-Resular call. IL o'clock noon,capital
1871 IA at 131. 20 at 131, 20 at 1905, 70 at
1901. 2 at 1907. ..,>
Washington Rwy. and Elec. pfd.. =, at S6i2.
30 at s61h. at $751;. at SOL . at e61a.
Mergenthaler Linotype ! at 2l:.
After call-Washington Rwy. and Elec As,
81 600 at SSSs
Capital Traction, 8 at 131 -
Washington Rwy. and Elec. CON-, so at SO. 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15

there excursion UP to Bray You We
that, wild all your travels, and know how Bray
Head sticks high out of the Not being there, 1
don't know the rights of the story; but both b'ys
had had drop,-taking little too much was
Michael's fault. But have fight they did, and
they rolled together off of the slopes of Bray
Head. In the gray marning, when Michael came
to- he catched in a cleft, and sight
sound of Phelim. They found his hat floating
the waves: but no wan knows whether his body
might, him being SO disrespectful of them. That
grand fairy rath I'll show you be my house,-su
he'd scott at the idea of the Good Little People lv
ing inside it; but l noticed that he come
it be night.
'.Oh. what happened to Michael and Aislinn?
of man on his soul His hair turned gray, and his
heart out of him. To this day he has never
spoke the word to annywan he doesn't have to,
and he goes to church Sundays on his bare knees
and he walks through the world wild his head bent
He does that so he'll never be chance the face
of Aisinn ag in, for robbing her of Phem that s
part of his punishment. And the neighbors all
respect him. When they bring the horses to be
shod, they never pass the time of day wild him.
People come from all over the country to watch him
patthern day. and faith he all but saint himself
No knows if Aislinn has forgiven him. or
what she thinks at all. | get fair heart-scorched
at both of them. Talk for hours at them as l may,
my nearest neighbors but sorra bit of comfort
they to me,-wan saint, and wan craven
image. I'm sociable myself. All of me goes to
talk. and none to making money, you will find
whn you take home thin grand bargains you got
off me. and have dealers in your own country
offering to sell the clothes off their backs to make
you part wild your ould furniture
Invariably, after telling the story Mrs. . Farrell
would go to see first Aislinn and then Michael.
Aslinn would bend her bright head over her lace
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15

of the road, with the Celtic
cross be the doorway.
Aislinn is the Gaelic for
a dream, and that's what
she was. Dear. oh dear.
will l ever forget the way
her hair glinted in the sun.
for all as if it was copper
come alive and soft? And
her smile was that teas
ing you could have shook
and kissed her in the same
minute: and her eyes were
as deep as the waters of
the lake there. O'Halloran
had his blacksmith bust
ness. and fine it was. and
fine he was wild his black
hair and big laugh, and
always singing. Phelim
Doyne, he had nothing.
not even a fine character.
I'm thinking. and girls is
that contrary that Aislinn
was afther plying him, in
stead of telling him not
to be wasting his time wild
her. Pity him she did;
but if she loved him, |
don't know. nor ANYONE
else to this day, for Aislinn
was close mouthed, and
is. Anyway. she's still
single.
Well. there was jeal-
ousy betune Michael and
Phelim, and sometimes
the high word. Wan day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15

The women S hearts leaped
to a romance at once. up to
the cottage she is, Phelim dear.
She won't come down to pat
thern day. Go see her, mani"
They crowded around him
with smiling faces, all ready
to escort him on his way; when
Mrs. O'Farrell again pushed
forward, her thin lips work
ing sarcastically.
Musha." she shrilled.
Where will Michael O'Hal-
loran be in this grand process
sion you're forming? wonder
at the short memories of you!
There kneels the man that
Phelim S joke turned gray the
hair of and took fifteen years
of his life. Michael's the voteen
you've all been so proud of.
He's the one that S been lifting
all our souls to glory; but sorra
thought are you giving to
him now.
They stirred uneasily, and
looked at Michael. But their
prayers were done, and the sun
was shining. and there had not
been a wedding in the village
for two years.
All, Phelim meant no
harrum be his thrick," they
murmured. All, twas only
the joke of a young lad"
Phelim's rowing eyes had
at last discovered Michael's
crouched figure. He gave him
one full look, and then burst
into long laughter. "Ah, It's
funny. so it is" he said, wiping
his ewes. Michael that never
bent his knee-that never bent
anything but his neck to a
glass of whisky! Well. I'll go
to him and pull him to his
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15


said by the fairies, SO blue and gintng and green and
dimpled it was,-the slim youth of April, carried
forward for hour into the opulent roundness
of June. Perhaps the devotIons were hurried BIT
certainly only Michael still prayed at the tiny
ruin called the Priests House. and the other vii
layers sitting and standing under the trees by
the wall, when down the road on motor bicycle
came large man, most deliberately dressed. He
disrnounted at the gate hecked the dust from his
gray trousers and entering the graveyard with
confident smiling manner he walked up to the
group of older villagers, seated not far from the
Round Tower.
Good morning, and God save you this grand
day, neighbors ALL" he said, in what he intended
to be a fine hearty tone.
They returned his salutation and then stared at
him curiously.
docs no one know me-" he asked anxiously
cleaning. IF he wasn't dead and drowned this ff-
years, I'd say you Phelim Doyne, she said.
'Phelim Doyne am returned he. And you
took the Joke of the hat l left behind earnest?
Well, bear grudge to Michael 0 Halloran now;
but hope l frightened the soul out of his body!
away to him. and alive! where do you
think ran to? Scotland And what do you think
I've done? I've got rich. Four thousand pound
I've made out of the SCOTCH Sure think nawthin'
kept me to the hard work. but the thought that
every lick hit got more out of the Scotchmen.
him, won by his grand fortune and his victory over
the Scotchmen.
Did We hear that now" they cried. ITO make
all that in fifteen years and from the SCOTCH Man
dear, it a shop you kept, what? Will you
be staying wild now
Phelim smiled complacently. All, where would
l stay but home:' he asked. Haven't worked
enough? Back I've alone to my home" He
was looking about at the different groups. Il
don't see Aslinn 'Rourke,' he said in lower tone.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15

ND customs in Ireland die slowly es-
~ peeiay ally those connected a &c with c Esligcn
1ough where lie the ruins of Saint kevins
churches, fourteen centuries old, and Celtic
older still, and here and there fairy raths
oldest of all, you may Christian and Pagan
Ireland repeating the ceremonies of ages ago.
une 20 is patthern' or patron day of Saint
Kelvin at Glendalough, and for fifteen years it was
Michael O Halloran who shed plouS glory on the
day and on the neighborhood until an hour came
when little of his religion slipped away from him.
and great happiness took its place
At the dawn of patthern day, crowd of people
always repaired to the graveyard hard by the deep.
dark Lower Lake with the purple hills beyond
They said prayer or two in the ruined cathedral
hollow stone always full of water which will cure
all pains; and then on to the Deer Stone; and then
back to the seven churches for more prayers But,
while the others walked. Michael O'Halloran
craWled his bare knees stones and briars scratch
ing his flesh his young face under gray hair sunk
almost to his breast and his big chest contracted
Many a who watched him unconscously
Strengthened his shoulders and took long breath
after he had passed The women adored him. and
pointed him out to the men as the best voteen ever
at Glendalough, and great example for pety en-
tirely. The only exception Mrs O'Farrell,
who loved him. but disapproved of him.
The people of Glendalough t We're as proud of Mrs
ent way. She kept little antique shop by the inn
just where all tourists would have to pass it on their
way to the lakes and to Saint kevins bed She
would sit in her doorway, with her innocent face
the shrewd eyes yelled, rising dress of ma
donna blue, and with white cap on her head which
she snatched contemptuously off as soon as the
tourists went by. She had dident way of ex
planning that sure she wasn't used to the business
all had just started because she loved old things
and Heaven knew she didn't care whether she sold
anything not, she missed them SO after they
were gone; but anyway, the things had been in her
own family for generations and she charged only
what her mother and grandmother had said they
cost Oh she was a cute entirely, never
making less than four hundred per cent. on sale!
Sometimes she acted guide through the
churches and then liked to lead her tourists bit
out of the way to Michael O Haloran's blacksmith
shop and point him out as the most pious man in
all Wicklow Michael's story had won her many
threepenny bit.
'TWAS this way" she would say her innocent face
taking grave, reminiscent expression
this was the way it was: Fifteen years ago Mich
ael O'Halloran, then young boy of eighteen, and
Phem Doyne were both counting Aisinn o Rourke,
who lives up at that cottage you pass by the turn
Of the road with the Celtic
cross be the doorway.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15
Drawings by Joseph Clement Coll

prayers for Phelim's SOUL, And Michael would
fine outstanding man like himself should hold
up his head and speak to his fellowship had
prayed enough to save the whole village and
their children forever.
THE last morning upon which Michael ever
crawled on his hands and knees from church
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-15

llldhiliS' dilu SOY Will
quivering face:
Oh, woman dear,
it's all so long ago!
Lave me be to my
work., wild the hope
that Michael remem-
bers us all in his