davidaulloa/AmericanStories huggingface dataset:
The morning journal-courier., 1908-04-10
ST. LOUIS BANK CLOSED.
Unable to Secure Further Endorse
 mcnt on Loans.

St. Louis, Mo. April 0.--Thc Olive Street Bank at Garrison Avenue and Olive street, having q capital of Sl00, 900 and deposits of $35O,OO0, was clos ed to-day,
 The bank was organized on Deccm- bcr 1, 1902, and in 1905 absorbed the Nandcvcuter bank.
 Secretary of state Swanger notified the bank officials four days ago that loans outstanding and insuhiciently secured must br made good, and the matter was turned over to the state bank examiner, R. NJ, Cook, who said.
 fThe bank officials have been un- able to secure further endorsements on loans made and insuificiontly se- cured, and for thc safety of the insti- tuition we thought best to take charge of the bank,
The morning journal-courier., 1908-04-10

building class supplied the next heav- lest lllbaltics, and machinery and tools rank third There were also increases of about million dollars each in glass and carthcnwarc, loath- er printing and paints and oils. In some other divisions the increases were less striking, notably liquors and tobacco milling, clothing, hats and chemicals, As to number of failures, the only Favorable comparison vas n decrease of two in tho cotton manu- fracture, while the largest increases wcer In lumber, clothing, milling end miscellaneous,
 Only ono of the fifteen trading sub divisions, that embracing hotels and restaurants, showed any decrease in liabilities. losses being about one third less than in 1907 Total lja- bilIties for tho entire trading class were about double those of the first quarter for last year, the largest in- creases being almost S3,00O,JCO in general stores; over $2, 000 m gro- ccrlcs and meats and miscellaneous; $1,000,000 or more in clothing, dry goods and iowclry, and nearly $1,- 000,000 in liquors and tobacco and hardware. Every one of the fifteen trading classes recorded larger number of failures than in tho first quarter of 1907. the most striking differences occurring in general stores and groceries and meats, as usual
 1908. 1907 Total manufac-
 turing $3S,256,S57 I3,779,O57 Total trading $31459,512 S15,o9j.9O6 Brokers and
 uansportcrs 109S9S22 2,770,32S
The morning journal-courier., 1908-04-10
STOCK MARKET REVIEW.
Confidence in Erie and General Siiua-
 lion Aided by Hartman Move.

New York April 9,-The bcwildcr- ment in which the financial world has been groping for oyer q week over the Erie problem was amply eXplain- cd hy the disclosures over night If the extent to which the principals in the working out of the problems had been confused in their Intentions and open to tno failure of the whole pro- iect Wall street has clug Co com viction that the Grie's bankers must have safeguarded their plan by neas- ures to take c0re of unasscnting notes in addition to having assured hem solves of the assent of Nlh ticnt number of the noteholders to leave only an unimportant residue to be
The morning journal-courier., 1908-04-10
FAILURE STATISTICS.
Losses Heavier Than in 1907 hui No
 Special Weakness Disclosed.

Classification of insolvency returns for the month of March and the first quarter of 1908 prepared by R. c. Dun X O., according to occupation anu size, are presented this week in the usual detailed stables owing to the generally demoraliHed condition of business this year and tho unusual prosperity enjoyed at thn correspond ing time in 1oOI, t is noticed that losses were heavier in 1908 in almost every comparison. tho chief value cf the record at this time consisting of tho failure to diselose any especial weakness in any cf the various branches of bdsihess, while in q few instances it s foupd that Iossos were actually smaller than n 1007
 h. thc comparison of defaults in the first quarter with similar figures
 fast year it Is found that liabilities were considerably smaller in tbc two leading textile Industries, but in very one Of the other thlrtoon subdivisions losses were hepvier this year, The largest increase was in tho mtssalan- eous section, while the lumber and
The morning journal-courier., 1908-04-10
GRAND TRUNK ATTACKED.
Shareholders Charge Encouragement
 Because of Poor Report

London, April 9.-1'hc usual cut and-dlird proceedings at meetings of the Grand Trunk railway of Canada gathering of the directors of the road hy heated charges of mismanagcmcnt and tho report of the board was only adopted after earnest appeals for unity of interest for the companys credit had been made.
 Sir Charles Rivers Wilson presided at the meeting and made speech which lacked the usual optimism, and was mostly taken up in apoloeizng for the financially unsatisfactory re- port.
The morning journal-courier., 1908-04-10
TOtUI COmlncf-
 cial .....s75,7os,191 s32,o75 591
MAY EXPORT GOLD.
Erie Rcmit;anccs Raise Exchange
 e5,Oo0,0OO May Go.

New York, April "A further rise of ten points in sterling exchange, which sold as high as 4S6.10, react ing latcro was in response to heavier purchases of remittanccs in connec- tion with the Erie loan payment, and led to talk of gold exports to-day. While no gold was engaged. lnterna- tional bankers admitted that an out ward movement might be inaugurated almost any moment. Some bankers said that the arrangements to finance the forthcoming German loan might SO complicatc the situation at foreign ccnters as to induce gold exports next week The question will be governed largely, however, by the movement of sterling at Paris, which declined again to-day to basis which bankers here declared to he sufficiently near the level at which American gold could bc taken to make the operation cX- tremely probable.
 The opinion was generally held, however, that not much gold would go out even if movement should he started next week. which is by no means certain. Most estimates ran from $10,O00, ,000 to $25,000,000 as being the amount that we might lose to France this spring if the situation on the other side should develop q sufficient demand to justify the
 French bank in offering interest in transit Nothing developed to-day, however, to indicate that such a con ccssion would bc made, and most bankers who discussed the subject at all said that it was impossible 10 tell to-day whether any induccment to attract our gold would be held out by ! foreign markets just now
The morning journal-courier., 1908-04-10
WALL STREET NOTES Erie Adjustment Apparently Discounted-Market
 Firm. TRADING STILL LIGHT Judge Gary's Statement on Maintain ing of Steel Prices Has Good
 Effect.

The stock market showed lirmness at the start, cascd off somewhat on prolit-taklng sales, and rallied again at midday, under tho lead of Union Pacific and Reading. Trading was light up to noon, being about the same as Wednesday, From this 1t was argued that the Eric adjustment had been discounted So far as Erie shares were concerned they changed but little during the morning, al- though all of them showed moderate gains. Aside from the leaders mem toned the features of the morning were the local traction issues Third Avenue rose several points further, crossing 2 at midday It sold at 22 yesterday. Interborough-M Metropolitan issues also scored good gains, on the circulation of rumors that an import ant readjustmcnt of local traction matters is pending
The morning journal-courier., 1908-04-10
NEW YORK STOCK MARKET.

Reported over private wires Of Prince & Whltely members of the New York and Boston Stock LXchang as. New York office, 52 Broadway, and l5 Center street, New Haven.
 New York. April Q, 1908.
The morning journal-courier., 1908-04-10
CLOSING PRICES.

Reported over private wires of Prince & Whitoly, members of the New York and Boston Stock Exchanges, New York office, 52 Broadway. and l5 Center street New Haven. Conn.
The morning journal-courier., 1908-04-10

one cause for the continued strength of tho Steel stocks is the fact that there are such a very large num- Der of small individual holding, both in the preferred and common, widely distributed over the world, This is especially so of the preferred, which cannot be dlslodged as long as tho dividend Is paid
The morning journal-courier., 1908-04-10
BOSTON STOCK MARKET.

Reported over private wires of Horn blower & Weeks. members of tho (Continucd on Eleventh Pagc)
The morning journal-courier., 1908-04-10

The selling of the old Erie discount notes at premium on the curb ycs- terday morning, with transactions to the amount of $20,00O at 100 1-2, though holders can only get par for them. was assued to mean that some body had gone short on them We'd nesday, on the belief that the com pany would not be able to pay them and that the relief plan would fall through. At midday most of the shorts appeared to have covered, since the notes were offered at 100 If. Later the premium disappeared,
The morning journal-courier., 1908-04-10

The published interview with Chair man Gary of the United States Steel corporation to the effect that no re- ductlons in prices of finished steel products are contemplated, did much to help sentiment Wall street has been flooded with rumors recently that radical cuts in prices are coming soon. Somc contended that Judge Gary spoke only for his company, not for competitors; that the latter are sure 10 reduce prices. and the Steel Trust will be obliged to follow. In this case, 1t is asserted, there would he reductions which are not now con lempatcd," according to the head of the Steel corporation United States Steel shares were weak for time, but rallied on the interview mcn- toned.
The morning journal-courier., 1908-04-10

The enormous possibilities for the development and improvement of Erie under Hartman management and control, both as to its own trunk line business, its suburban development, and, greatest of all, its importance as tho eastern end of the Union Pacific system, making direct line from the Atlantic 10 the Pacific, was q very general subject of discussion in higher financial circles,
The morning journal-courier., 1908-04-10

Possible labor strikes on May i arc now the shadow that the bears think they see. The green bug in the corn will be the next bogey with which they will try to frighten spectators in stocks
The morning journal-courier., 1908-04-10

The l0-pont advance in Third Ave- nue was accompanied by rumors that Thomas F. Ryan was no longer in control of the local traction situation, and that q powerful banking house after an exhaustive examination has agreed to rcorganize the Inter- Met and to find tho necessary cash to put the company on it's feet.
The morning journal-courier., 1908-04-10

London did very little in this mark ct its total transactions probably not exceeding 5000 shares. about equally divided between buying and selling
The morning journal-courier., 1908-04-10

Highest prices of the day were touched in the last hour the market closing strong Buying was of more substantial character. although short covering made up q large part of the afternoon transactions.
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16

was nearly normal, but elsewhere in
out the week. Average temperatures
for the week were from four degrees
to 10 degrees higher than normal. The
highest temperature reported in the
state was 1913 degrees at Walla Walla,
on the 18th and 18th, and the lowest
was AZ degrees, at ColfaX, on the
seventh. In the western division, the
highest weekly temperatures ranged
from GO degrees, at North Head, to
96 degrees, at Kosmos, and Snoqual-
mic fells, and the lowest from A de-
grees at AnacOrtes, to Sc degrees at
Seattle. In the eastern division, the
highest ranged from 80 degrees, at
Conconully, to 1913 degrees at Walla
at Colfax, to GA degrees at Walla
Walla.
Most stations reported no precipita =
tiCn during the week At TatoOsh Is
land there were light showers on the
ninth. On the twelfth, a trace of rain
occurred with thunderstorms at few
places.
West of the Cascades brisk winds
were frequent. The wind was light on
the twelfth and the day was sultry
There was sunshine in the western di-
vision about IS per cent. of the time
possible, and about IS per cent. in the
eastern.
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16
MINED ALMOST
100000 TONS
MARKED INCREASE OF COAL
PRODUCTION IN STATE OF
WASHINGTON.

Although a good part of the market
for Washington coal in California has
been lost through the increased pro-
duction of fuel oil in that state WASH
ington shared in the general increase
in the production of coal in 1907. The
total output for the year was $780,
532 short tons, having a spot value of
$7,679,S01, an increase of 404,34S short
tons, or 1884 per cent. in quantity,
and of $1,771 1867, or 29.9S per cent. in
value, compared with 1906. The aver
age price per ton advanced from $3.50
in 1906 to $2O9 in 1907.
During the first ten months of the
year the coal-mining industry of the
state was in highly satisfactory con-
dition. In November and December,
however, owing to the financial dis
turbances, the output of the mines was
curtailed about 33 per cent. But for
this the production would probably
have exceeded 100000 tons.
Men Employed.
The number of men employed in the
coal mines of Washington increased
from 1929 in 1906 to 5,945 in 1907, ana
| the average number of working days
increased from 266 to 273. The only
decrease shown in the statistics of
| coal production in Washington in
| 1907 as compared with 1906 was in the
productive capacity of the employees,
the average yearly tonnage per man
having declined from 1884 tons in '06
| to GIG tons in 1907 The average daily
production per man decreased from
2.72 to 2.27 tons.
Nearly all the mines of the state are
| operated on an eight-hour schedule,
+; 1894 men out of a total of 5,945 en-
| ployed working eight hours day in
1907.
| Washing apparatus has been in
stalled at Is plants in the state, and
the total amount Of coal washed dur
ing 1907 was 799,015 short tons, yield
ing 644,501 tons of cleaned coal and
| 154514 tons of refuse.
d. c. Betting, state mine inspector
reports that the total number Of &C
cidents in the coal mines Of Wash
/ ington in 1907 was 49, of which &c
were fatal The death rate per thou
sand of employees was sos, and the
J number Of tons mined for each life
lost was 102,237. This makes an un-
/ favorable comparison with the casual
ty statistics for 1906, and particular
| ly with those for 1905. In 1906 the
1 death rate per thousand of employees
1 was 4.S6 and the tonnage for each life
lost was 1887; in 1905, the death
rate per thousand was 2.73, with a
tonnage of 22O,379 for each life lost
/ The coal beds Of Washington are
| found in the western and central por-
| tions of the state, and are mined in
five principal fields-the North Puget
| Sound field, including the coal mines
of Skagit and Whatcom counties;
the Puget Sound field, comprising the
mines in King and Pierce counties the
Puget sound basin, just east of Seat
| tie; the Roslyn field, in Kittitas coun-
ty, on the eastern slope Of the Cascade
and the southwestern field,
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16
CHORUS GIRLS
To- PLAY BALL
STAGE BEAUTIES TO GRACE DI.
AMOND IN GAY
GOTHAM.

NEW YORK, July 16.-Clad in
boomers. the prima donnas and the
chorus girls will go out to the Polo
grounds tomorrow and settle their diff
ferences on the diamond. Miss Lillian
RUSSELL wearing a miracle of a sum-
1Ier gown, will umpire the baseball
game between the feudists of the stage
There will be another game between
the actors and theatrical managers
while George M. COhan's Yankee
Doodle nine will engage in a contest
with the champions from Jackville
Some of the gladiators Of the ring
will be their to show off their Prov
ess, and there will be several brief
but exciting wrestling contests be-
tween famous professionals. Also-s-sh
1t is whispered about that some OF
the actresses present will wear stun
ming and distracting sheath gowns
which will probably add to the gate
receipts. The occasion of all these DO
ngs will be the annual theatrical field
day for the benefit of the New York
Home for Destitute Crippled Children,
a charity supported by people of the
stage.
Among those who will be seen on
the diamond in costume, are: Mabel
Hite, from Merry Go Round; Bessie
Mccoy and ten Yama Yama girls
from "The Three Twins" Gertrude
Hoffman, Trixie and Bessie F'riganza
Josephine Cohan Nora Bayes, Elphye
Sncwden, Corinne, Marion Livingston
Cora Livingston, the female wrestler;
the Custer girls, from 1.-THE Yankee
Prince" and scores of others as well
known.
Among the men who will appear in
costume on the grounds will be Mac
lyn Arbuckle. Raymond Hitchcock
George Evans, George M Cohan, Sam
Lewis, Tom Ryan, Billie Reeves, Rice
and Provost, Collins and Hart, Gill
bert Gregory, Mcintyre and eHath
Harry Bulger, Arthur Rigby, George
Parsons. Donald Brian, doc" Charles
Wright, Jack Gardner, Barney Ber-
marc, Lee Harrison, Richard earle,
Clifton Crawford and dozens Of others.
Among the athletes who will give
exhib lions will be Abe Attell, Tor
Sharkey, Jack O'Brien, Leach Cross,
Harry Harris, James j. Corbett, John
L. Sullivan, Joe Walcott, Bert Keyes,
ami others. The wrestlers will be rep
resented by Ernest Roeber, Tom Jen-
kins, George Bothner, Leo Pardello,
John Pjening and Jim Calvin.
The Chinese actors are coming from
their theater in Doyers street to pre-
sent the latest Chinese success. 1.-The
Euel," the climax to be Manchurian
sword battle
Fred Thompson. of Luna Park, will
furnish two big elephants for the
youngsters to ride on around the Polo
grounds
The home gets no state or city aid
and is not costered by any church or
organization. 1t is strictly non-secta-
rian. its sole mission being to aid suf
fering childhood. without regard to
race or creed. Mrs. A. L. Erlanger is
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16
EARNED $77,0O0.00
IN SIX MONTHS
Local Company Makes Wonderful
Showing in Semi Annual State

Local Company Makes Wonderful
Showing in Semi-AnnuaI State
ment Just Out.
The semi annual statement just IS
sued by the Northwestern Mutual Fire
Association, of this city, shows earn
ings to it's policy holders for the SIX
months of over $4,000, as compared
with the rates Of other companies.
This makes the earnings to policy
holders since organization over one
half million. Notwithstanding that II
has increased it's dividends to 55 per
cent, on it's annual payment dwelling
policies, and is paying cash dividends
of from 25 to 40 per cent. in all other
departments, it continues to add rapid
ly to its financial strength. During the
six months just closed it has added
$1S,903.74, to it's cash assets, has in
creased it's net cash surplus by SILL
047.S5, and it's reinsurance reserve by
$9,073.S9. It's policy holders assume no
liability, depending upon its premium
receipts and cash resources for the
payment of losses. This, however,
gives it greater loss-paying ability IN
proportion to risks outstanding, than
all stock companies reporting to New
York Insurance Department.
It's remarkable record is largely due
to its system of selecting only the best
class of risks, and fortunate is the
man whose property comes up to the
required standard, thereby enabling
him to take advantage of so large a
saving.-C. E. Lane, Local agent, "a
E. Alder ST., Phones PA, 1928.
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16
CHRISTIAN SCIENCE LEADER
MAKES cAus1|c COMMENT
MRS.. EDDY SUGGESTS TO HER
CRITICS VALUE OF WINDING
OWN BUSINESS.

BOSTON, July 16.-Mrs. Mary Baker
Glover Eddy, founder of Christian
Science, is today celebrating her S7th
birthday. Admirers and followers of
the famous religious leader in all parts
of the world sent telegraph and cable
messages of congratulation. Mrs
Eddy spent the day quietly in her
handsome house in Chestnut Hill. Re-
seriously ill are denied and her private
secretary declares that she is won
derfully vigorous, mentally and physi-
cally, for one of her years.
Mrs. Eddy's followers declare that
their leader has been persistently mis-
represented by a prominent New York
newspaper, especially as regards ner
physical and mental health. When this
journal recently declared that she was
i'll, because she had failed 10 take her
customary drive, Mrs. Eddy issued the
following caustic public statement:
Since Mrs. Eddy is watched, as one
watches a criminal or a sick person,
she begs to say, in her own behalf, that
she is neither; therefore to be critl-
cised or judged by either a. daily drive
or a dignified stay at home, is super
fiuous. When accumula, ing work re-
quires it, or because of q preference
to remain within doors she omits her
drive, do not strain out gnats or swal-
low camels over it, but try to be COM
posed and resigned to the shocking
fact that she is minding her own busi-
ness, and recommends this surprising
privilege TO all her dear friends ana
enemies"
The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-16

The Goals of Washington range
from Ignite to bituminOus cokeing
Goals, and include some natural coke
and anthracite The bituminous coking
Goals of Washington are the only cox
ing Goals on the Pacific slope of the
United States. THY are found in the
Wilkeson- Carbonate district, in the
South Puget sound field, and also in
the North Puget sound field, but coke
is now made only in the district first
named The Wilkeson- Carbonate coal
runs high in ash and is usually
washed before coking The Ignite or
subbtuminous Goals of Newcastle and
Renton. in the South Puget sound field
are generally of high grade and we'll
suited for domestic use. The steam
ship consumption in the trade with
Alaska and the Orient is now the most
important market for the high grade
bituminous Goals of Washington.
An advance chapter Of the volume.
Mineral Resources of the United
States calendar year 1907, on the pro-
duction of coal by E. w. Parker, Civ
ing the statistics presented above, to-
gether with similar facts in regard to
the other states, will soon be pub
lished by the United States geological
survey.