davidaulloa/AmericanStories huggingface dataset:
Evening star., 1908-01-26

LONDON, January 25.-At tho wool
auctions today 1888 bales were Of
fered. good supply Of merinos sold
briskly. fine grades showing harden
ing tendency. Coarse crossbyeGs were
in demand for home consumption. Good.
snowy crossbreds, when suitable, We're
taken by Americans at an occasional
advance of ) per cent. Next week 73.-
$50 bales will be offered. Following are
today's sales: New South Wales, 100
bales; secured. Is. 1d.a1s. 1Ohd.; greasy,
6d.a1s. Id. Queensland 1000 bales;
secured. Is 3da1s. lid; greasy, I'd. a
Is. 1 I'D Victoria, 1.4oO bales; secured,
nil; greasy. 9d.a1s. I'd. South Australia,
400 bales; secured. nil: greasy, az da1s.
l Il d. New Zealand, 4,5O0 bales: secured,
Is. 1d.a1s. 3D.; greasy, 6d.a1s. ID. Cape
of Good Hope and Natal. 600 bales
secured. Is. 51sda1s. Cd; greasy, ida
1015d.
Evening star., 1908-01-26
NEW YORK BANK cLEARANcEs

NEW YORK. January 25.-The state
ment of the clearing house banks for the
week shows that the banks hold S31 .064-
Goo more than the requirements of the %
per cent reserve rule. This is an in
crease of S14,429,o25 in the proportionate
cash reserve as compared with last week.
The statement follows:
Loans sl.135. $50. 700: increase, ss.s92, :
Deposits. s1,1e7, ,16s.0oo; Increase, s36-
9195
Circulation. s-o,o53. 800; decrease, $751;
100.
Legal tenders. s6s. 4l3. 500; Increase, 81, :
4JS. 400.
Specie. $3.50. 24o. 100: increase s21 ,215 500.
Reserve. $31s.s56.5oo: Increase. s13.673.-
800.
Reserve required, sosl, 1872 900; increase.
S9.244S75.
Surplus. s37,o6l.5 500; increase, s14.42o.-
02J.
Ex-United States deposits, $J4. 464 900:
increase, sl5,S24.350.
Money on call nominal Time loans
easy; sixty days 4. and ninety days Az.
six months AZ.
Close-Prime mercantile paper, 5laa6 per
cent. Sterling exchange steady with
actual business in bankers bills at 4s7. Goa
4ST1J for demand and at 4s3. 75a4s3. o5 for
sixty day bills Commercial bills, 4S31aa
1885. Bar silver, 5Jl2 Mexican dollars, A.
Government bonds steady. Railroad bonds
firm.
The FinanCier viii say:
Following the tremendous increase in
cash, as shown by the statement of jan
uary Is the New York banks for the
week ending January % reported an ad-
ditional gain in specie and legal tenders
amounting TO 23.673,3o0. which makes the
gain in cash during the two weeks past
approximately $oO,oOU,e0o. The effect OF
tni5 enormous cash expansion has been
10 give the New York banks a surplus
reserve of $:i7 06i 800, which is actually
greater than the reserve shown in any
single week since September II. 1904.
1t was estimated late in the week that
the banks had gained about $1,000, 00C
cash, but the statement shows that these
estimates were misleading. The money
gam is coming for the most part from
the interior, although the drift into banks
or local FUNDS which were boarded during
tn; panic is still apparent. The banks
Increased their loans last week $S,SS9. 900
Deposits, owing TO the heavy gain In
cash and the loan expansion, expanded
>'i1"iJ.Jto, and are now higher than since
june ] last. Government deposits in the
New York banks stand at 500 COS, 400
the decrease for the week having been
$22,4l6, 100.
III view Of the flood of cash pouring
into New York it is only natural that
the banks should seek TO reduce their
circulation, and the decrease of about
one and one-half millions during the week
Of January Is was followed by a further
reduction of $sJ7 100.
TO illustrate how the banks have re-
cup rated since the middle of November
II is only necessary to add that they
have changed deficiency Of $4,000, OK
in!p d surplus reserve of $37 100000, in
lr.ttl "a in I'm
and required reserve in a little over two
months.
Evening star., 1908-01-26
An Explanation of Panics.

from tne century.
1t is impossible, in short, to get very
far from the explanation-accepted with
out much argument in experienced busi-
ness circles-that twenty years bring to
the 'front.' in communitys industry and
finance, new generation which has not
benefited by the lessons Of the last great
collapse of credit. Human nature is
such that nothing save individual expert
ence of the sort will convince the
average man that limit is set by finan-
cial law to the use of credit in rapid In
dustrial expansion, and that the limit will
usually have been very nearly reached
when business prosperity seems to have
attained its most exalted heights. .ach
successive business generation, therefore,
pursues its way in cheerful defiance of
the teaching of the past; each blows its
own financial and industrial bubble; each.
after two or three disregarded warnings,
has to face the terrific penalty; and
having passed through that experience,
each may be depended on for conserva-
tism until the next generation of eX-
plotting financiers comes on the scene.
Evening star., 1908-01-26
THE FOREIGN MARKETS.

LONDON, January 21.-The rapid re-
turn of the international money market
to normal conditions resulting from the
reduction of the Bank of England's rate
OF discount to per cent and a CORE
spending decline in the discount rate of
the Bank of France has been the chief
feature OF the week on the stock ex-
change and caused a substantial improve
ment in iirst-class securities. Consols
led in this upward movement with a net
gain of 5-16, and sold ut S5A. The
greatest Improvement was recorded on
Thursday the reduction in the bank
rate but since fiat day the market has
eaSed because of the number of the new
ISSUES coming out, professional realiZ-
ing and some selling on Disappointing re-
suits and lower dividends announced by
various home railways due TO Increased
Evening star., 1908-01-26
Sad Plight, But in Good Spirits.
Special Cablegram to The Star.

PARIS, January pa working man in
this city has been within an ace of meet
ing his death in the manner attributed
to that famous Duke of Clarence, who is
said to have selected as his mode of exit
from this world drowning In a butt OF
wine. The workman was fond OF the
juice of the grape, and when he had con-
trved to make his way into we'll
stocked cellar in the Believille quarter OF
Paris he applied his mouth to the tap OF
huge barrel and kept on swallowing
until he fell down on the floor. But the
wine went on flowing from the barrel.
and the man became SO saturated that he
was aroused from his torpor, but being
unable to get on his legs cried out in
terror for help. He was led in a pit!abie
cond ton to the police station and his
offer to work for the owner of the barrel
until he had made up for the loss thus
sustained having been rejected with con-
tempt he is now in durance vile awaiting
trial.
Evening star., 1908-01-26
NEW YORK DRY GOODS.

NEW YORK. January 2J--Tne dry
2prIS market continues to improve.
Tie selling is in small lots, but :nev are
mounting up very well considering the
extent Of the revisions that are being
made. Linens are being offered with a
provision tiat on fall orders. il lower
prices are made abroad. purchasers here
fvill sccur" a rebate. Eurlaps are quiet
md are influenced by rosales IN car
load lots slightly below current fig
steady.
Imports oG merchandise an1 drv goods
~ tie port OF New York for tne week
ending January IS were valued at $40
1Up1G9.
Evening star., 1908-01-26
MANCHESTER CLOTH MARKET

MANCHESTER, England. January o5-
The cloth market became much quietef
during the past week. and manufacturers
are doing very badly. Offers from the
far east were much too low for accept
ance. and only small rates were reported
for China. Home buyers purchased ony
for immediate uses, and the Mediterra-
mean and South American markets did
nothing.
Yarns experienced slow sales Fine
American crops maintained their position.
but the lower grades met with little in
quiry.S and the margins are said to be dis
appearing.
Evening star., 1908-01-26
NEW sEoPLIFTING TRICK.
Pretty French Girl Used a Doll as a
Confederate.

Special Cablegram to The Star.
PARIS, January 25.-A queer story Is
related about trick which has been
practiced in one Of the big shops by
young woman, simply attircd. who
excited the sympathy Of kind-hearted
people as she threaded her way from
one stall to another with a baby in
her arms. Everybody made room for
the young mother and her infant. whose
some of the vendors had cause after
a while to take quite different sort
of interest in this pale and ladylike
female.
she deftly slipped one among the long
clothes of the child she was carrying
The explanation that she was only steady
Ing the baby and was on the point OF
replacing the object in question was
charitably accepted, and soon afterward
business 1t is to keep careful watch on
visitors to the large shop had enter
tanned a suspicion that the exemplary con-
duct Of the infant was not altogether nat
accident which had attracted the ATTENTION
Of the sellers, he decided on following the
mother and her child after they had
emerged into the street
The woman walked slowly along until
she reached cafe, which she entered.
and soon she was seated at a table. by
the side of a couple who had left this
particular emporium a little time be ore
her The inspector took up his position
at neighboring table. and listened at
tentiveIy to the conve ~sation. There was
nothing in the talk of the trio to lead him
to suppose that anything had been stolen,
but great was his bewilderment when the
young mother, thinking she was not OBJ
served, rearranged her infants clothes.
revealing to view long, narrow box.
which she opened for a moment, showing
that it was empty.
Very keen scrutiny Of the babys face.
which had been enveloped in a da' 'nty lace
veil, also convinced the inspector that 1t
was the face of doll and not of child.
The inference was clear enough The
doll such as 1t proved to be. was carried
about to excite sympathy and to AVOID
suspicion. while 1t also came In handy
for the surreptitious slipping OF goods
among it's clothes. pending their insertion
into the box which did duty for its body.
AS nothing had been stolen on this occa-
sion. the inspector did not arrest the
woman.
Evening star., 1908-01-26
Micasco Was Catateptic.
Special Cablegram to Tie Star.

SpeclAI CHUIpgrHn 10 Ihu SVHr.
MILAN. January 25.-An extraordinary
case of catalepsy is reported from Calico
In Calabria. For several days a woman
named Concetta Micasco had not been
seen outside her house. Fearing tina,
some accident had happened to her, the
neighhors called uron the carabineers to
break open the door. when the woman
was found to be sleeping TRANQUILITY. The
naighbors tried in vain to arouse her.
and doctors who were called pronounced
the case to be a serious one of catalepsy.
Micasco slept on for eight days and
awoke in perfect health. This strange
event drew large crowds to Calico. and
the whole ne'ghborhood ts enthusiastically
rejoicing and congratulat'ng the woman
on having been restored to life"
Evening star., 1908-01-26
Fished Up a Lemon.
snecial Cablegram to The Star

SnfclAI IdbIegrhm 10 The star.
GENOA, January 25.--A boat belonging
to Santa Margherita. L'guria. while fish,
ing in the neighborhood OF Savona
brought up in Its net a waterproof bag.
containing bank notes to the value OF
100000. But the majority of the notes
are. unfortunately, old Brazilian issues
which have been withdrawn from cur
rency and are therefore valueless.
Evening star., 1908-01-26
NEW YORK METAL MARKETS.

NEW YORK. January 2J.-The meta
markets We're generally quiet and un
changed in the absence of cables. Tin wa.
dull at 276212a27.S S7Ia. Copper continued
quiet, with lake quoted at 1375a14 90; elec
trolytic at 13.62H2a13. .s71s. and casting al
13.371aa136cl2 Lead was dull and un.
changed at 3.I0a3.1o, and spelter at 4.45a
40. Iron was quiet at recent prices
Evening star., 1908-01-26
NEW YORK SPECIE.

NEW YORK, January 2J.-Imports OF
specie at the pert of New York for the
week ctd:ng today were $142,o17 silver
and S39G,al gold
Experts of specie from the port of New
York for The week ending today were
SSH, $40 silver and So, 800 gold
Evening star., 1908-01-26
THE FOREIGN BANKS.

PARIS. January 25.-Three per cent
rentes, 80 francs 92& centimes for the
account. Exchange on London. % francs
II centimes for checks.
BERLIN, January 25.-The Imperial
Bank of Germany today reduced it's rate
Of discount from 61a to per cent
Exchange on London, 90 marks 491a
pfeLnigs for checks. Discount rates
Short bills, per cent; thre e-month bills,
AS per cent
The weekly statement Of the Imperial
Bank of Germany shows the following
charges:
Treasury notes increa sed 9S0. 600 marks.
ther securities decreased 94,62000O
marks.
Notes In circulation decreased 1O6, ,14O-
coo marks.
Evening star., 1908-01-26
New York Mining Stocks.
Washington Stock Exchange.

Sales.-Regular call. T. o'clock noon Capital
fraction, 20 at 100, 20 tl2o, 20 at 40. 10 at
l2o.
washington Gas, l. at s4i:. IL at e.. 13 at
90. - at 81.
After call Washington Gas. % at 657s. - at
ts1Is. 10 at G,.i3
Capital Traction. at III.
Evening star., 1908-01-26
Government Receipts.

National bank notes received yesterday
for redemption. $l,9O4,641. Government re-
cepts: From internal revenue, SS52.
customs. $3.50. la; miscellaneous, $l222, 757.
Expenditures, S2,11O.0UO.
Evening star., 1908-01-26
Weekend Dull. With Narrow
Price Fluctuations.
MARKET LACKED STIMULUS
Bank Reserve Increase Failed to
1mpart Life.
WAITING ATTITUDE NOTED
Speculation Over United States Steel
Report-Railways Afected-Som-
nolence of Other Stocks.
MARKET LACKED STIMULUS
WAITING ATTITUDE NOTED

NEN YORK, January .'.-Taere were
no occurrences Of sufficient Importance to
prompt large new operations IN stocks
ou either side Of the market today ana
the duh business and ndrroM fluctuations
were the consequence.
The piIing up Of bank reserves has
spent its force as an influence IN stimu-
lating speculative buying OF stocks. and
the common assumption that the banks
would Slow another large gain in cash
holdings. although the statement was not
10 ba published until after the close OF
TIE market was not an important fac
tor.
Tho news of the settlement Of tho labor
controversy in Manchester. England. made
:. good impression owing Il its bearings
on the foreign demand for our cotton
crop Tho reduction Of the offictal dls-
count rate Of tie Imperial Bank OF Ger
many Ma rot likely 10 prove ot mucn
int1uencc III this market after the sna Il
attention excited by the reductions III
tn. English and French bank rates earlier
in the week.
.Fha waiting attitude of the market IS
attributed in part. To the desire 10 see
the quarterly report of the United states
steel Corporation to be presented at the
meeting uf directors next Tuesday, 81
though opinion i'll the financial district
rrofeSses Ia he well informed OF what
the showing of earnings will he IN that
report and also what the action OF the
directors on the dividends Will be, no
.Igrestion Of a change in the rate OF DIS
bursement 1T that time having found
Evening star., 1908-01-26
FINANCIAL.
FINAN JIAL.

Preiden. Treasurer.
WALTER
Vice Pedden
JORDAN &. CO., Inc,
Real Estate, Loans, Insurance Underwriters,
1905. G Street NV.
Tepho Main
REAL ESTATE, ALES AND LOANS.
We sell and exchange District of
Columbia that high priced
priced and property literally advertised
without charge clients
We negotiate and character
of the security is carefully inquired into.
Evening star., 1908-01-26
The Railway List.

The expectation that the government
intentions concerning the prosecution OF
tHe Hartman railroad merger would be
formally announced at Washington was
unot Her rcp-essivc influence on activity
Northern Pacific showed some special
strength but the majority of stocks left
nff not far rom last nights prices. The
bank statement proved closely similar to
The one of The week preceding, and the
copions rep.enishment of banking facili-
lies disclosed amply pore out the testl-
,uunv Of the weeks money market 10 the
growing plethora Of the local money sup
plies. F..
Rnnds were firm. Total sales, par value,
slI:,,.0Ga.
United States IS declined Is. and the As,
week.
Evening star., 1908-01-26

BERT T. AMOS,
Treasurer.
WM. r. MEREDITH,
Secretary.
Evening star., 1908-01-26
LONDON WOOL MARKET.

PARIS. January 25.-Trading on
bourse showed a sagging tendency.
Evening star., 1908-01-26

EIDEIDGE E. JORDAN.
President.
WALTER HIESTON.
Vice President.
Evening star., 1908-01-26

ja25-2t
Evening star., 1908-01-26

meetings among the Dig producers Tor the
purpose of maintaining prices have been
almost continuous and there has been ad-
journment without affirmative acton. 1t
is an open secret that Birmingham pig
iron has been selling within the, last
few days upon a bass of $12.
From an International standpoint the
United States is very comfortably sit
uated. Our exports during November and
December were phenomenal and the bal
ance in trade our way approximating
500 OO0.0 January VII not show up
quite SO well. which is a eood thing. II
this country kept UP the November and
December pace it would bankrupt the
world In contrast to this splendid rec
ord of exports is the marked falling OF
of imports, especially of luxuries. Uncle
Sam in his dealings with other peoples is
getting the best of it coming ard going.
The s.0S,C00000 to $l10.O0o,C9O in gold
import-d d during the last ninety days
was only a partial payment of foreign in
debtedness to us, a reality which Will be
disclosed in the wash
The great employers of labor find sat-
isfaction in the changed attitude of wage
earnerS. They note dec ded ton1ng down
in their quarter and Willingness on the
part of the masses of wage-earners to
recognize the hard facts of the last three
or four months Before the panic en-
ployers were substantially agreed that
wages was showing decreased efficiency
and growing carelessness. Seemingly IT
could not stand prosperity to the best
advantage. and in the light of recent
events the lesson OF initial hard times
seems not to have been lost. 1t is an Ill
wind that blows nobody good.
Wall street is puzZling itself over
smelters That stock suffered break of
about fifteen points, and all sorts OF
stories sprang into circulation as to what
was going on within the corporation. In
some quarters it was maintained that
control had passed to Standard OIL 1t is
very unlikely that the Guggenheims have
lost control of this great property. They
may have had to let go OF some of their
stock during, the stress of the last three
or four months to carry on their tre-
mendous enterprises, but they are ell
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-11-27
y CAUGHT ON THE 4
. RUN ABOUT TOWN 4
. o o O . o O o o o . 4

Janitor Frank Winans, who holds
forth at the court house, has won for
himself the name ot CRATER" though
many of the bunch" who so speak of
him in his presence. admit after
absent, that it was all far and square
Recently Frank came into possession
of a number of beautiful library desks
made by his father. and conceived the
idea Of "raffling" them Off to the court
house gang The tickets were duly
sold, and Wednesday morning the
drawing was held in Judge Huffman's
chambers. Ed Sauze. a deputy of the
engineers office being selected to do
the stunt
Everything was in readiness, and
the various officials were standing
around, tickets in hand, waiting 70.
the big event to be pulled off.
What number shall I draw" asked
Sauze, turning to his superior, G. w
Wrinkle.
EITHER 40 Or So" answered Winkla
after he had glanced at his tickets.
"All right" answered the deputy
and forthwith placed his hand in Jan
itOr Winan's cap. After fumbling
around for brief time, Suaze with
drew a ticket, which bora the mum
Der "43"
Now the court house gang" has lost
faith in "rafles." and Janitor Winans
is frequently accused, in a good ma
tured way, of being "a party to a
deal" and it is rumOred that a call
some time before Christmas.
for an Investigation" may be, made
It hasn't been so long ago since this
happened that any historian would
chronicle it as ancient history In fact
it is quite recent. A few miles from
the city two farms adjoin each other
Not startling fact, but important to
this story. On one lives it's owner
on the other a tenant. The tenant, in
times past. purchased milk regularly
from his neighbor. And at the time
! this story begins the owner of the farm
! and Of the milk. missed some of his
: chopped barley, which he kept in bin
| outdoors. His hired hand was vigil
ant in his efforts to locate the thief
! but could not do SO. And the neigh
Dor, the tenant who purchased milk
could offer no theory. So the hired
man set trap. To the granary door
he attached a string and to the other
end Of the string was attached the
trigger Of loud mouthed shotgun. In
the middle Of the night the shotgun
emitted a roar that scared the thie1
out Of the proyerbial years growth
nd he ran. The farmer and his hired
man, who had retired ready to jump
p at q moments notice, ran out.
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-11-27
COURSE
IN AGRICULTURE

STATE COLLEGE, Pullman, Nov.
27.-The short winter course for far
mers at the State college will COM
mence on January 5, this winter, and
continue for ten weeks. The work is
damned out to cover the four leading
lines of agriculture: horticulture, ami
NAL production, dairying, and agron-
Omy (SOil management and crop pro-
duction) and lectures in these various
lines will be given by specialists who
not On'y understand the theory of
production, but who are actually en-
gagged in the several branches of farm
ing and fruit growing.
The class of work will consist of re-
citations and lectures with lessons as
signed in text books, and of library
work. There will be discussions OF
budding, pruning, grating the selec-
ton of livestock, the testing of milk.
the use of cream separators, churning,
making butter and cheese; studies of
the physical properties of soil; studies
relative to the qualities of grain; les
sons to teach the students how to re-
cognize the seeds of noXiOus weeds.
Besides studies in the strictly agri-
cultural lines, there will be courses
in closely related branches, such as
chemistry, and agricultural bacteria
lOgy: studies of insect pests; studies
in plant life; and studies in veteri-
nary medicine, and the treatment Of
farm animals. For the benefit or
those who desire instruction in Eng
lish and mathematics, a course will be
offered in each of these subjects.
Methods of simple computations viii
be taught, and lessons will be given
in correct writing and speaking.
Perfect freedom will be given in the
selection of subjects. There are no
requirements for admission to the
course, and except in one or two in
stances. any person may take up the
work of any of the courses without
previous instruction in that line.
The work this winter will be so ar
ranged that if q student viii take as
many courses as his time will permit,
he can compete all the work given
along one of the main lines of agrl-
culture in two winter terms Of two
weeks EACH But if he wishes to take
he may profitably spend three winters,
taking new work each term.
There are number of benefits TO
be derived from taking these short
winter courses" said Professor George
Severance, head of the department OF
agriculture at the state college. First,
the farmer will obtain a knowledge
of the best agricultural sources of the
best agricultural literature; third,
there is an inspiration to be derived
from coming in contact with enegetlc
and progressive men from other sec
tions of the state; fourth, he Will be
encouraged in the habit Of studying
the agricultural problems of the day;
fifth is the very enjoyable period or
recreation which it offers, which IN
itself is worth the entire cost of the
course"