davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1908-02-19
COMMENT ON MARKET.

c. Bowie Chapman. Of z. F. Hutton &
Co.-"The early movement in stocks
to-day was toward lower level. and
though the selling had flavor OF pro-
fessional tactics. on the decline some good
lots OF stock were covered. The market
worked TO a slightly higher level at the
close but the volume Of business de-
creased materially A message on the
subject Of labor was expected from Wash
ingtOn to-day. and some disappointment
was exhibited by the bears on its nonap-
pearance. This helped the late rally l
advise selling stocks or the rallies
Benjamin Woodruff, OF Post & FIagg-
The market showed a tendency 20 rally.
and this. too. in the face Of decided weak
ness In certain issues. notably Missouri
Pacific Nearly every Spectator is work
ing on the bear side Of the market, and
this fact prevents any material rally from
taking place. for on any signs OF bet
terment there Is a lot OF short stock sold.
which is sufficient 20 check the advance.
OF course some day this must change,
and IL would seem likely that something
tangible must occur before long 90 start
a real covering movement when the mar
ket would undoubtedly advance sharply,
just as II did IN January. At the mo-
ment. however. II is difficult 20 see how
such a development is 10 come, but every
body is so extremely pessimistic and the
outlook so blue that a little encourage
ment would have considerable effect AZ
best the dealings to-day were profes-
sional and without special feature
The Washington herald., 1908-02-19
DIES OF AN OPERATION.
AmputatiOn of Leg Results Fatally
TO James Harris

Funeral services for James Harris, who
died al the Garfield Hospital Monday. will
be held from the residence. IS " street.
southeast tomorrow afternoon At ?
O'Clock. Interment viii be in the Con-
gressional Cemetery.
AR Harris WIS veteran OF the civil
war, having served with the MassachU-
sets Volunteers from 1861 10 - He
was born IN Boston sixty-One years ago.
For the last eighteen years he had been
employed as a waJchman at the Depart
ment OF Agriculture.
About two months ago he was taken
70 Garfield Hospital suffering from blood
poisoning. Last Saturday IL was found
necessary 10 amputate his right leg above
the knee Nj Harris failed 10 rally after
the operation. his age and service in the
civil war being against him.
The Washington herald., 1908-02-19
GRAIN AND PROVISIONS.

Quotations furnished BY E r Hutton & Co.
members Of New York Stock Exchange and Chicago
Board Of Trade. G. Bowie Chirman. manager. i30l
I street northwest.
Chicago Feb ls.-Ness was bearish to-day. The
English market denloTalized. owing 20 heavy
liquidation and pressure Of actual wheat. Cont
mental markets were lower. and about the only ray
Of sunshine for the bulls Was decrease in North
west receipts compared with last year. but this
was Offset by indifferent cash demand. We can see
nothing sufficiently encouraging IN the situation 20
warrant advancing purchases q Whsat.
Corn again received a surprise. as after ruling
weak in sympathy With wheat. II suddenly frmod
up and closed strong al reaction due 20 the fact
that the local crowd OVersod and attempted TO
cover later
The Washington herald., 1908-02-19
Negro Regiment. Returning.

The transport Sherman sailed from Ma
cisco, according TO a dispatch received
yesterday by the adjutant general Of the
army. She has on board 602 men of the
Twenty-fourth Infantry. one of the negro
regiments of the army, which has just
finished tour of duty in the Philippine
Islands They viii be stationed at Fort
Ontario. near Oswego. and at Madison
Barracks. near Watertown. n. Y.
The Washington herald., 1908-02-19
NEW YORK MONEY.

New York Feb ls.-Monsy on call AZ the stock
exchange opened az per cent lowest. IL: closing
per cent. Most n the loans were az Ia per cent.
Time money was obtainabe with more or less free
dom and fair sized Business was done. The tone
triae irmer. Rates. per cent for siXty
days; f4aiia for ninety days; ~ for four months
fisaiA for I'VE % six months.
Mercantile paper was not active. Offerings were
quite large and many attractive names were offered
cut-of town was the bette market. Rates. Shat
DIR cent for indcrl d bills receivable and choicS
single names. 686ia pr cen. for Others.
Sterling to-day Very strong. with an early
advance 20 1855 for demard.
Rates for act1ll business closed: Sixty DAYS
ss2ioas c45; demand is6sCafsSs5; cables $500
4s135 Commercial bills were 4s25aASi7
The Washington herald., 1908-02-19
Lecture ON shakespenre.

The first of course of six lectures on
Shakespeare by Edward Howard Griggs
at the Church of Our Father. Thirteenth
and L streets. will be given tonight. The
special title is 1.-THE Humanity Of Shakes
peare" The lectures are given under the
auspices and for the benefit OF the Wash
ington Playground Association The
other lectures Of the course viii be given
on the nights Of February IS. March 4. II.
aud
The Washington herald., 1908-02-19
Dr. HolInnder a Yi.itor.

Dr.. Jacob II. HolIander, professor of
political economy al Johns Hopkins Uni
versity. Baltimore. Nd, and financial ad-
wiser OF the Dominican Republic in the
settlement OF the foreign and internal
debt, was in conference with officials OF
the State and War departments yester-
day In regard to the settlement OF the
final details of the Dominican debt.
The Washington herald., 1908-02-19
COTTON MARKET.

Quotations furnished by F. F. Hutton & Co.. mem
bers Of the New York Stock and Cotton exchanges
and the New Orleans Cotton Exchange. G. Bowie
Chlpman. manager. 1901 + street northwest.
New York, Feb ls.-On hrmer cables the cotton
market opened steady. ; to points advance While
the market was not 50 active the tone was steady
February q viii be the first notice day on March.
but opinion seems 70 be that the interest in this
month is small This reaction to-day IS no more
than due, and We believe prices wiz work some
higher
The Washington herald., 1908-02-19
FORAKER IS ENDORSED.
Jim CrONiSm- Condemned by Negro
Mass Meeting of A. VI. +. Church.

Resolutions urging all voters 10 cast
their ballot for Senator Foraker OF Otht r
men who have stood up for the negro.
and condcmning ''jim crowism." were
adopted AT the mass meeting held Mon
day evening at the financial headquarters
OF the A. NJ f. Church. Fourteenth and
O streets northwest
A number OF prominent leaders or the
negro race were present, and addresses
were made by Bishop II. NJ Turner. OF
Atlanta Ga; E. ". L--npton, OF Wash
ington. D. c: ". d. Caappelie. Of Nash
vile, Tenn, and ". > Lewis, Of Mem
phis. Tenn.
The Washington herald., 1908-02-19
CommissIon onenr nid..

Bids were opened at the offices OF the
Isthmian Canal Commission yesterday for
furnishing two cable railways and eight
duplex cable railways for use in canal
excavation. Fifteen bids were received.
ranging from $4,000 to sl,5OO000. The
bids will be sent to the Isthmus for con-
sideration of the commission
The Washington herald., 1908-02-19
PRICES TEND UPWARD
New York Market Shows
Strength All Day.
STERLING EXCHANGE RISES
Reason Assigned 10 Heavy Selling
Last Week in Anticipation of Ex-
City Banks by FOreigners-LIttIe
Expectation of Gold Exports.

New York, Feb. 1S.-In response to nat
ural tendencies, almost inevitable after
the declining movement IN the security
market in the last few days. prices of
stocks to-day advanced: but the recov-
Nring movement went on in such dispirited
fashion that it gave to the market really
an appearance Of weakness. this being
more pronounced as there were one or
two sharp recessions in special quarters.
The volume of trading i'm stocks was
heavily reduced and transactions at the
most were due TO listless operations OF a
strictly professional nature. The only
actual developments OF the day worthy
OF notice, and these in the present tor
pid state of the market. We're of little
weight as active factors in the trading.
we're further rise OF Sterling Exchange
and an advance in the quoted rates for
time money. The price Of sterling has
risen in the last two days a full cent
on the pound and has more than recov-
cred the decline that went on through
, out last week. The current impression
is that the advance in sterling this week
has been due to covering purchases OF
exchange bills made by banking houses
and others who sold sterling last week
in anticipation of large purchases by for
eign investors Of the New York City
bonds, bids for which were opened last
Friday.
The Washington herald., 1908-02-19

The cable ship Burnside has been or
dered By the chief signal officer OF the
army TO proceed 10 Alaska from Seattle
TO repair the Sitks-Valdez branch OF the
Alaskan cable. which Is out Of order.
The repair work will probably occupy
fifteen OF twenty days.
The Washington herald., 1908-02-19
Proposala Arc ELIMINATED.

Proposals for furnishing the army with
dirgible balloons, opened by the chief
signal officer on February Is. have been
considered by the Board of Awards, and
all proposals have been eliminated from
consideration for various reasons. with
the exception OF two. which are regarded
as the most satisfactory.
The Washington herald., 1908-02-19

The Bureau OF Navigation is in recent
OF a report from the eommander-in-chief.
United States Atlantic feet. in which
Charles Allen. fireman. first-class. OF the
Kearsarge. is commended for prompt ac-
ton in jumping overheard TO assist n
cabin steward. who had fallen into the
water AT Rio de JaneirO.
The Washington herald., 1908-02-19
New York
New Orleans
WASHINGTON CATTLE MARKET.

CATTLE-Extra. per cwt., AT5a5OO; but ger. 32ss
$50; common. L50a200.
SIS.
SHEEP-Clipped. 4O0a45o; common, 80.
LAAIBS-Spring, choice, 1a7l5: medium sika7.
CALVES-Prime, per ID. sas15: medium, 7hag
grass. sa4.
2e0oa3o.0o: old and dry, s60al0oa
The Washington herald., 1908-02-19

New l0TE. FEB. N-WHEAT-Woaker Qriet fr4de
No. Northern Duluth. 20 arrive. Liza: No 2 nd
f. o. b.. ga; No. ? hard. f. o. b.. lO6; No. /
macrOni. l0c. (. o. b.: No. 2. macaroui 90 E1-
porters took II loads
OORN-Weaker: inactive trade No. 2 elevator
s.; new No. >. T. o b.. 81 for February to March /.
No. white. T. o. b., 6l4; 80. yellow. (. O. b
6llA- Exporters took load
R1E-Dull: steady: small supply. No. . 81, Z. o. h
The prices for futures follow:
The Washington herald., 1908-02-19
japanese STAYING nj Homo.

Secretary Straus laid before the Cabl-
net meeting yesterday some statistics OF
the immigration Of japanese into the
United States Mr.. StrauS regards these
figures as significant. for they show that
the immigration Of Japanese into the
United states and Hawaii was only
about so last month. as against about
5000 in January OF last year. He be-
lieFes the smaller immigration Is due TO
the cooperation Of the japanese gov
eminent authorities.
The Washington herald., 1908-02-19
WASHINGTON STOCK MARKET

sales-Regulsr call. III O'Clock noon
Capital Traction. % at III.
Mergcnthaler 10 n 1si. al 1881
tireene-Cananea 100 al ~. 100 at ~. 100 at -.
100 at ~. 100 at "a. 100 at ~. 100 at "a.
National Savings and Trlst 10 az 49,.
United States Trust 10 At so&.
After n-Washington Railway and Electric Is.
$1,000 at T5%. $50 at 752 500 at TN.
Greene-C ananea. 600 at "a
Following are the closing quotations yesterdays
local stock exchange.
The Washington herald., 1908-02-19
NEW YORK STOCK MARKET.

Quotations furnished by Post F1agg. mem
hers OF the New York Stock Exchange. BENJAMIN
Woodruff. manager, 1881 L street northwest
Sales 90 noon ..........2 15, $40 shares
Total sales ........... 306.OO0 shares
Call moneys High, 2, low, ia; close, 2.
The Washington herald., 1908-02-19

Only ten cents a week, delivered at
your doOr-the daily issues OF The
Washington Herald Phone Main $500.
The Washington herald., 1908-02-19
BOSTON STOCKS.

Quotations are furnished by T. T. Hutton x
Co. members New York stock Exchange. 6. Bowie
Chapman. manager, 1901 + street northwest
The Washington herald., 1908-02-19
MINING STOCKS.

Quotations furnished b. Irving X. Harrington
d Co, members Of the New York Produce Exchange
T. F. Baker. manager. Hbbs Building
The Washington herald., 1908-02-19
CURB MARKET.

Quotations furnished by T. p Hutton & Co.
members New York Stock Exchange. G. Bowie Chip
man. manager 1901 F street northwest.
The Washington herald., 1908-02-19
AInny Foreign Buyers.

1t is. Of course, we'll known that heavy
subscriptions TO these bonds were made
by foreigners; but the trouble seems TO
be that these prospective buyers placed
. their bills for the bonds too low and
have secured a much smaller quantity
Of the securities than they do. Specula-
tons In sterling exchange. therefore
based on hoped-for results Of the bond
Offering, has had to be closed out.
There seems to be. however, little antici-
patton OF gold exports in the near future
on account OF the immense trade balance
in our favor that has helped in recent
months and is still accommodating. The
rise in time money rates to-day was very
slight. but was still sufficient to amount
20 a perceptible hardening of the money
market. For this movement two forces
are no doubt responsible. One is the
probability that government Withdrawals
Of money from the national banks are
likely 20 De decidedly increased in the
months near at hand. the deficit In the
governments revenues is increasing, and
present indications are that the total de-
felt at the end of the fiscal year will be
nearer 100000 than the 100000 indi-
Gated as likely some months ago by the
government authorities.
In addition To this. It IS remembered
that on the 1st OF August next and
shortly thereafter the government must
pay out about 100000 in redemption OF
the $4,000 per cent shOrt-term cerri-
ficates issued in the financial crisis last
wear and OF the S54O00,O00 per cent
Spanish war bonds that mature at that
The Washington herald., 1908-02-19

New York Feb ls-Closns quotations Of United
States government bonds:
The Washington herald., 1908-02-19
WithdrnrnIto BE Gradual.

Presumably the Treasury will not with
draw all this money at once. but will do
so gradually for some time previous to
the necessity for this use.
In the second place. the financial neces-
stiles Of various railway corporations are
now Of pressing character. as is frankly
pdmitted in all well-informed quarters.
and the general financial position Of
these companies is also coming 60 be the
one acute influence Of importance in the
stock market itself. II is not necessary
70 refer to these companies by name. as
their present status and future prospects
have become matters Of daily discussion
in Wall street.
This much may be said. that unless the
earnings OF some OF the companies in
question decidedly increase in the near
future. all idea OF further dividend dis
tributiOns must be abandoned until times
change for the better; and in the mean
thine the problem Of providing money for
the immediate use Of these corporations
is something that is taxing the inventive
resources Of their managers and of the
banking houses that have long been ac-
customed 20 furnish such funds.
The Washington herald., 1908-02-19

interest in such a question. are now
quite anxious TO find out what sort OF
reception the foreign markets would give
20 per cent branch line OF divisional
mortgage bond on the Union Pacific Rail-
roads
The Washington herald., 1908-02-19
GOVERNMENT BONDS.

sells cents per shane.
The Washington herald., 1908-02-19
LOCAL PRODUCE MARKET

Prices we're practically unchanged in the UholeSale
market yesterday, though eggs. nearby. ire@A stu
ened up A bat IN the afternoon. Business vas active
most q the DAY but the LIBERAL arrivals Of fresh
stock kert the market steady.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11
judiciary System Not Perfect

The increased expense of our
courts incident to the adoption of
the dual system SHOW that we
have not yet solved the problem
involved i'll the attempt to reach
the economical yet efficient adj
ninistration of Justice and be-
lieve the administration of justice
should be made as simple and in
expensive as possible and all
necessary safeguards should be re-
iained.
Too much time is wasted every
session Of the Legislature in con-
81 lerins loo sely drawn AMI Heed
less bills. IL should be the en-
deavor of AL those connected
with that body 10 prevent waste
of time. An excellent start in
econnmiz;ng time was made al
the last session and still greater
Improvement in this direction Is
possible at the coming session.
Short, active and effective ses-
sionS should be the desire of every
legislator.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11
The T AVIATION Problem

am fully aware of the Unequal
tiles of taxation existing in Yer
mont nj the present time and this
is one Of the great questions
which must be passed on by the
coming Legislature. ! believe
that the proper course was taken
during the last session IN provid-
ing for commission 10 thorough
~ investigate conditions and to
make such a report as they
though best, after duly consider
ing all matters brought to their at
tention. That commission is
made up of men of snch ability
and sound judgment that ] have
no doubt they will make such re-
concentrations as will appeal to
the good judgment OF the coming
Legislature and that such laws
will be passed as will more nearly
equalize the burdens of taxation
than at the present time.
Personally feel that the great
est difficulty with our system of
taxation is non-taxation; that is,
those people who have large
amounts of property fail to pay
their just proportion. As the
law is to-day man owns a small
farm which is visible property
and on which he must pay his
full share of taxes. On the other
hand a man may be possessed of
a million dollars in stocks and
bonds and all he has to do is to
refuse TO make an inventory, in
which case the listers may find
what they can and double his list,
which may not amount to an
hundredth part of what he is act
ually worth. am well aware
that this is very hard matter to
regulate but we should certainly
make an honest effort TO do away
with any such state of affairs and
have great hopes THAI when the
report of the commission is re-
ceived Some remedy will be offer
ed which will appear to be feast
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11
More Aid for Good Roads.

The working of the new high
way law has proved that it was
an eminently wise one. / be-
lieve we should not only retain
all its best features but that we
should also endeavor to improve
it, always having in mind that
the building of good roads is a
matter of education and that OIL
ly by expert supervision can we
succeed in our efforts to make
our highways what they should
be. The state should continue
the policy of doing all it can at
ford to assist in this work, al
ways remembering that it is i'm
possible for the smaller commun-
tiles to come up to the highest
standard except through the aid
of the larger communities.
Many great reforms have been
brought about in our penal in
situations the past two years and
their management has been in
competent hands, but there still
remain Improvements to be made
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11

~ Geo. H. Prouty, conserva-
tive in the conduct of his bu>i-
ness, and with a record for con-
servati,m in the offices of public
trust he has held, stands for the
things which he believes are ben
efitting Vermont and for things
which lie honestly feels will adj !
materially to that benefit.
He has shown no reluctance III
bringing forth a platform, and
npo that platform, presented
the vnteis of the state weeks ago,
he firmly stands. So concise and
complete is that platform that at
no time has he ielt it necessary
To supplement IT with additional
recommendations.
The candidate i'll presenting
hi, ideas OF Legislation does not
arrogate to himself the right 10
dictate to his party. His plat
form IS in the line OF suggestion
not presented as coming from
a dictator. The platform reads:
The Republican party the past
two wears has instituted measures
TO protect the rieh:s of the people
against encroaching corporate IN
ierest>, has passed laws prevent
in. discrimination i'll railroad
rates, has commence the work
of abolishing grade crossings and
has given the railroad commits
sion real powers SO that its orders
must be obeyed, has passed. laws
opening the books of corpora
tons TO inspection OF the courts.
and Instituted other measures 10
guard the rights OF the people
against law-breaking corpora
tons, whether railroads or other-
wise. Ifelccted governor ] should
favor continuing the policies
which have been SO well begun
and should favor placing all pub
lie corporations including iele-
phone and telegraph companies
under the control and supervision
of the state to such a degree as
would insure and safeguard the
interests and rights of the people.
We have passed school laws
which will be of the greatest ben
eft to the state. | believe that
there should be no backward steI
taken regarding these laws but
rather that we should strive tc
perfect them.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11

Prouty & Miller. AS a boy,
George H. Prouty entered the
hrin's lumber camps to learn the
entire business from the logging
stage upward, and soon after
reaching his majority he secured
sixth interest. Upon the retire
ment of brother he acquired an
other sixth interest which make
altogether a third. This has
been his holding ever since.
Meantime, he has been mang-
ing partner a period covering
nearly a quarter of a century.
In this time the business of
E'routy & Miller has more thar:
quadrupled. The firm has three
mills in the vicinity of Newport
besides d large dressing mill,
with others i'll Canada and also in
Maine. About 900 men are in
the firms employ, $50 of whom
are heads of families. Under
Mr.. Prouty's management his
policy has been the retention of
the same men as help III all de-
partments of the business as long
as possible, and many of the men
have been with the firm for more
than thirty yeal>. The fact that
Mr.. Prouty has nowhere any
better friends or more earnest sup
porters than among the employees
of his firm is very significant.
Mr.. Prouty's twenty-five years
of management have been clIarac-
terized by singular devotion to
the duties belonging thereto. His
practice has been to be at his Of
fee at the same hour his help
reach their work-seven O'Clock
in the morning his work
ing day has been, as to length,
not materially different from
theirs. In this devotion to his
firms business nothing has been
allowed to intervene or distract.
As a successful man who has
found financial reward IN his sue
cess, and which is by no means
the rule, the allurements OF other
businesses, or of seemingly prot
liable investment opportunities,
have not appealed to him. Be-
yond being a director, and an in
huentia1 one, too, in the Orleans
Trust Co., a Newport banking
institution, and a director in the
Passumpsic Telephone Co., he
has no business interests apart
from those of his firm. This
fact argues strongly for a whole
some conservatism that IS by 10
means useless in a states chief
executive. Among his associates
in his two directorships he ranks
as the possessor of a very high
degree of foresight on all matters
wherein the future of business
propositions is involved. This
is another good quality for a gov
ernor to possess.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11
The State on a Business Policy
the Platform of Mr.. Profy

along the lines now so well laid
and working so well. We should
do all within orr power to raise
our criminal class To a higher
level and through our institu-
tions we should aim TO benefit
the fallen.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1908-06-11
Mr.. Prouty's Home Life

At home Mr.. Prouty is count
ed in the very front rank of New
ports public spirited men. Lo-
cal offices he has never sought,
and has never accepted but one,
a membership in the Newport
village water board. In that he
made his duties just as exactlng
as his own business engagements
through the lifelong practice OF
attending to the limit upon what
ever he undertakes to do. OF his