davidaulloa/AmericanStories huggingface dataset:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
WALL STREET
BULLISH FEELING PERME'
ATES MARKET.
American Smelling Only Important
Stock that Does Not Share
in Early Advance.

NEW YORK. Jan. 1S.-The brisk open
ing demand for stocks carried prices up
wards with only one or two exceptions,
notably American Smelling, which was
heavy. at q decline of 4 point. Louisville
and Nashville advanced ~, International
Paper TX. Union Pacific, Atchison, Della
ware and Hudson, North American and
Central Leather preferred 1 and Reading,
the Hill stocks, st. Paul, Brooklyn Transit
and American Sugar large fractions. Pull
man sold at an advance OF SA.
IL a. m.-The market made progress
upward before the heavy selling of Amerl-
can Smelling began to have any effect.
St. Paul, Reading and the Hill stocks re-
coded about a point in sympathy with the
drop in American Smelling and the list
became quiet. Later there was another
sharp rise, the market rallying to its pre-
vious high price or beyond. American
Mailing preferred advanced AS, American
Smelters' Securities preferred b 3, Union
Pacific, Reading, Canadian Pacific and
American Sugar IL, Brooklyn Transit rs
and st. Paul, Great Northern preferred,
Kansas and Texas preferred, u. s. Steel,
General Electric, Bethlehem Steel and
Westinghouse Electric /. American Smelt-
ing broke 2$4, the preferred lie, National
Lead 13s and Eric second preferred ].
NOOll-lub uldIhtl iiOSC -
upward movement broadened towards the
end of the session, Notwithstanding de-
Nclines here and there in the inactive quar-
ter. Union Pacific was carried up Us,
Atchison ia. Amalgamated Copper 1Ss ana
Southern Pacific. Southern Railway pre-
ferred, Cleveland c., c. n St. Louis,
New York Central, United States Steel
preferred, COLORADO Fuel, American Loco
motive preferred, Anaconda, peterborough
Metropolitan preferred, International Pump
end American Ice l. Bethlehem Steel pre-
ferred sold at an advance OF II, Reading
first preferred, ChicRgo, st. Paul, Minnie
apofs and Omaha aud American Sugar
preferred 8, United States Pipe preferred
28, Canada Southern 24 and Atlantic
Coast Line ?. Minneapolis, st. Paul and
Saplt Ste. Marie declined ia, International
Paper preferred IL, American Steel
Foundries preferred IA, and Wisconsin
Contra preferred and Mackay Companies
1. Profit taking had some effect on prices
at the last, Northern Pacific receding a
point.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
WANTS UNITED STATES
IN QUITO EXHIBITION.
Secretary Root Wants $4,000 Appro-
priation to Commemorate Ecua-
doris Independence.

WASHINGTON. Jan. lS.-Secretary
Root has strongly urged upon Congress
an appropriation of $4,000 to enable the
government of the United States to be
represented in the exposition to be opened
at Quito August 10 next. to celebrate the
Tooth anniversary of the Independence of
Ecuador. In his letter the Secretary
says:
The TACT that Ecuador will be the first
OF the South American countries to hold
its Tooth anniversary of the movement for
independence is in itself a sufficient rea-
son for the acceptance Of the invitation
and for the jealous Cooperation of the
government and the people of the United
States in this important event in the his
tory of a sister American republic"
The Secretary further recalls the fact
that Eeuador's largest trade Is with the
United States; that she is one of the
richest countries in Latin America; that
a railroad managed and constructed by
Americans is about to be opened, con-
Meeting Quito with the sea, and that the
interests of American exporters will be
furthered by a creditable display at this
exposition!
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
C0RTELY0U REPLIES TO
NEW JERSEY BOND BIDDER
as Speculation and Not
Roma Eide


WASHINGTON, Jam 1S.-The reply of
the suit of George w Austin, of New Jer-
sey, to restrain the Secretary of the Treas
ury from issuing Panama Canal bonds was
filed yesterday in the Supreme Court of the
District of Columbia. Decision will be
made Monday.
In the 'eply it is asserted that the com
plainant is absolutely unable to fulfill his
obligation to purchase $5,000,000 of the
bonds. and that he is without financial
responsibility adequate to such an obi
cation.
1t is acknowledged that Austin made a
proposal 10 purchase the bonds at s103, 975
and accrued interest. but his proposal is
characterized as a speculation and not a
bona fide bid.
The Secretary denies thai he allotted
and expressed his intention to turn over
the balance Of s21, $4,000 of Panama Canal
bonds TO national banks at a price less
than the bid of the complainant.
Concerning George A. Romer, of Now
York, who. it is averred in the bill, bid
for 100000 of the bonds.i the defend
ant declares he knows nothing Except
one George A. Romer, now said to be So
journing in the city OF New York, who
sponsible and otherwise disqualified to
make a. bona fida bid for Panama Canal
bonds of the face value of ss,o0O.oOo"
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
M0RGAN'S TORONTO BANK
FORCED TO LIQUIDATE

TORONTO, Jan. 1s.-The Sovereign Bank
of Canada, with q paid-up capital of 1900.
CO., in which J. Pierpont Morgan and the
BAN OF Germany are interested, went into
liquidation last night.
The Canadian Bankers Association has
come to its rescue and will guarantee jts
note circulation, thus securing depositors.
Inc sovereign aud all Of its branches
opened today under the wing Of the Cana
dian Bankers Association, but eventually.
It Is believed, its business will pass to Can
adam Bank Commerce.
Inc Sovereign was organized last year
Win an authorized capital Of four millions,
nearly an paid up, the>par value per share
being 100. The quotation TODAY Ia 10o1l
The bank since its inception has had az
uphill fight. " nau ah
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
CRUSHED BY TRUST
BRlTAIN'S TRADE GRASPED
BY OCTOPUS.
witnesses Testify How Big Corporation
Drives Small Competitors Out
of Business

NEW YORK, Jan. tS.-Msny instances
in which the American Tobacco Company
and it's subsidiary corporations have used
their capital and resources to drive small
competitors ort of business have been
given in evidence at the hearing in the
government proceedings against the to-
bacco trust before Special Master In
Chancery McReynolds. The government
contends that the alleged trust violates
the Sherman law.
1t has also been developed that through
the British-American Tobacco Company
the trade in the British Islands is prac-
tically in the hands of the trust.
1t has also been shown hat substan-
tally every manufactured product of the
tobacco leaf is in the hands of the trust,
the higher grades being handled by the
parent company, while the cheaper stuff
is put on the market by the American
Stogie Company. of Pittsburg, Allegheny
and Newark, a subsidiary of the trust.
Facing Mr.. McReynolds in the stuffy
little room in the Federal building, and
apparently getting more enjoyment ont OF
the proceeding than the special master,
sat half a dozen of the highest-priced
lawyers in the United States, headed by
William B.. Hornblower.
Treasurer McAllister, Of the American
Tobacco Company, upon whom had been
served a subpoena to produce certain let
tiers addressed to Mr.. Duke of. that COM
bination, cheerfully admitted that he could
not produce the letters.
Il AVE made diligent search" the Sec
rotary said. and cannot find the letters
you want or copies of them"
Did you ask the attorneys for the COM
b~ination If they knew where those letters
are?'
Il did not. / searched in the Office here
for the letters, and went to Jersey TO look
for them in a safe deposit vault there,
but could not find them"
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
MONEY AND "A

Money on call in New York 3 per cent.
Commercial bar silver in New York 81
cents; Mexican dollars, 43 cents; bar silver
Madrid IA. 20; at Lisbon, $50.
Paris rentes 5 francs 57Is centimes.
Paris private rate OF discount az per
cent. exchange on London % francs 17Ih
centimes. Berlin private rate of dis
count 51s per cent; exchange on London
20 marks 491a pfennigs.
Money on calf in London 31a to S5 per
cent. Rate OF discount for short bills AZ
per cent. three. months bills. 4Asper cent:
consols for money. S311-16d. for account.
S3Ad. The Bank of England today
bought $4,000 gold bars in open market
and received e50,000 gold from Singapore.
Foreign exchange market resumed its
upward course with some violence TODAY.
Demand, sterling was quoted 1855 TO d.S7:
cables. 1876 to 4.S7%; s~ixty-day bills,
4.S2% to ASS; short francs, 1885, and
reichmarks. "a 15-16 to 95.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
CLEARING HOUSE REPORT.

NEW YORK, Jan. 1S.-The statement
of clearing house banks for the week
shows that the banks bold 22,6S5, +75 more
h the requirements of the Is per cent,
reserve rule. This is an increase of SIG,
551.495 in the proportionate cash reserve
MS compared with last week. The state
mcnt follows:
Loans 81. 1876, 81. 700. increase S9,52S, 100; de-
posits $1.090.1 SS, 800, increase $SS.5S7 500; cir
culation S70.91O, 400, decrease 1884, 900; legal
tenders SOS. 1856, 400, increase 1891. 100; specie
$2e9, 027, 200, increase So. 294, 700; reserve 1926,
49,, 500, increase $26, i&5 500; reserve required
$272,547. 125. increase 50. 634,S75; surplus, So,
SIS, AS. increase SIG, 551, 425; cX-U. s. de-
posits $40, 642. so, increase $16,265 ,oa5.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
PARK ROW BUILDING
SOLD TO A R0THSCHILD.
Real Estate Valued at 81, o0D, 600 Pur-
chased of Belmont by
London Man.

NEW YORK, Jan. 1S.-August Belmont
personally, and the Park Row Realty
Company. which he controls. transferred
today to Nathaniel NJ Rotlschild the great
Park Row building. two Fifth avenue
properties and real estate in the Bronx
valued, all told, at between 5000, 900 and
$780, 900.
Belmont, nor Waltler LuttSen, his part
ner in Belmont & Co, would give any
intimation today Of the reasons for the
transfers to ono of the R~othschilds. whose
American representative Mr.. Belmout's
firm has been for many years.
Nathaniel M. Rothschild is a member OF
the English family of Rothschild, and a
resident of London.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
ROOSEVELT QUERIES
UNIVERSITY CHIEFS.
President Seeking Information on
Sulphur Regulations of Pure
Food Law.

WASHINGTON, Jan. 1s.-President
Roosevelt has determined to obtain expert
information regarding certain questions OF
chemistry involved in the application of a
pure food law.
He has written to the presidents of Yale,
Johns HOPKINS, Northwestern University,
University of Virginia and the University
OF California. requesting them to submit TO
him the names of scientists from which he
proposes to select a board of five to con-
slider the regulations which have been
made by the department Of agriculture re-
garding the use of sulphur in preserving
fruits, the use of benzoate of soda in the
preservation of ketchup and other food
products. the use of glucose in syrups, be-
SIDES several other chemical questions.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
ITALIANS %THRIFTIEST.
Save Two-thirds of Earnings by Iiv-
ing Cheaply.

WASHINGTON, Jan. 1s.-The Italian is
the tbrlftiest OF all classes of European
laborers nmong the hundreds Of thousands
of immigrants who come every year to
the United States. According TO a special
agent of the Bureau of Labor, the aver
age Italian saves two-thirds of his earn
ings ard thrives ON a diet that would
hardly maintain II frugal Chinaman. The
thrift of the italian Is indicated not only
by his method of living, but of the So, 1885,
foreign countries, SIG, 2SS, 1874 was sent to
Italy.
Italy. Austria Hungary and the Slavic
countries Of Eastern Europe are at the
present time the principal sources of the
unskilled labor supply of the United
States, more than two-thirds of all the
immigrants now entering the country
coming from these countries. Italy con-
tributes about one-fourth.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
SEES PRESIDENTS; WILL
QUIT P. O. DEPARTMENT.
Second Assistant Going Back to Mime
sofa to Run for Con-
gress.

WASHINGTON, Jan. 1S.-James 7. Nc
Cleary. of Minnesota, second assistant
postmaster-seneral, after a conference
with President Roosevelt today an
nounced his intention of N~resigning his
position next summer and going to Mime
sofa for the purpose of again becoming a
candidate for Congress, in which he held
a seat for several terms.
MrDMcCleary will wait until after the
Republican national convention has been
held before relinquishing his duties at the
Postoffice Department.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
NEW DORSEY CoRpoRATroNs

TRENTON, Jan. 1s.-certihcates OF in
corporations have been granted TO the fol-
lowing companies:
Canadian Lon Phosphorus Iron Ores
Company. Jersey City; capital. $4,000; in
Wander Horst and Nat Tyler, jr.. to OPP
crate iron mines, etc.
r. u pelapenba s Co, Highwood Park;
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
HAVEN SECURES
900 LOAN.
Entire Amount of Debenture Bonds
Have Been Fully Sub
scribed.

NEW HAVEN. Jan. 1S.-The New
York, New Haven and Hartford's sSe,-
900. 900 six per cent. convertible de-
bentures have been fully subscribed.
Not only has the issue been taken, but
between $4,000. 900 and $25, OoO. 1000 has
already been paid in. Besides the
5000 Stockholders. several thousand
debenture holders were entitled to sub
scribe.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
THE LONDON MARKET.

LONDON, Jan. 1s.-on the stock ex-
change today American shares, in re-
Spouse to the better Wall Street close
yesterday, opened steady and hardened
above parity during the session on profess
sional support in anticipation of a bette
New York statement. This market closed
stronS.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
OLD BANKER DIES.

AMSTERDAM, n. Y, Jan. 1S.-Maior
Abram V. Morris, ounder OF the Morris
Knitting Mills, largely interested in other
Industrial enterprises. read of the Morris
banking house. and the largest real estate
owner in this section of the Mohawk Val
ley, died today IN his eighty-third year.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
FAIR CANCELS DEBT.

MOUNT HOLLY. Jan. 1S.-The Burling-
ton County Fair Association has reelected
its former officers, declared a dividend OF
5 per cent. and also paid off all Indebted
ness on its property, which is now clear OF
debt for the first time in over half a
century.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

capital, $780, 900; incorporators, r. u. Della
penha, Arthur Ruykbarer and Roy Ruyk-
barer; to manufacture food products.
White Cross Toilet Powder Company,
Jersey City; capital. 800, 900; incorporators.
Cornelius A. Cole. Richard r. Tully and
Franklin Vreeland; to manufacture toilet
powders,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
EARNINGS.

For second week in January:
Canadian Pacific, 1890. 900, increase ss1. 900.
From July |. $42,S2s SIS, Increase s9.as7, 54s.
Western Maryland. S97. 791. increase 81. 046.
From July i. 49, 800. III. increase s5431S7
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
DIvIDEND

International Steam Punp comnanv or
IA per cent. on its preferred stool. nav
able fenfaAFs i baoks rie=e 9aHuafS Il,
Eeepan February q
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
CLOSING PRICES.

Following are the quotations OF the lays
closing prices. bid and asked. as furnished
by Byrne & Mcdonnell, stock brokers, ZIG
Broad street. Telephone 615;
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
CHICAGO BOARD OF TRADE.
Furnished by Byrne & Mcdonnell, stock
T6 Broad street. Telephone 6l5.
Opening. Closing.
NEW YORK PRODUCE EXCHANGE
WHEAT

Furnished by Byrne & Mcdonnell, stock
brokers, 176 Broad street. Telephone SIS.
Opening. Closing,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

Two Jersey electric railway companies,
the Camden and Trenton and the Trenton
and New Brunswick, have defaulted their
January bond interest. The New York
Philadelphia Company owns all OF the
stock of the other two. The bonds in-
volved in the two companies is over 81
600, 900.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
NEW YORK STOCK MARKET.

Following are the quotations of the days
prices, as furnished through Byrne & Nc
Donnell, rs Broad street:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

Since the death OF H~avemeyer Ameri-
can sugar has risen 20 per cent. in mar
ket value.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18
BUSINESS AND FINANCE.
AND NOTES
FOR INVESTORS.

Wall Street is being amused by the
rumor that j. z. Morgan & Co. has Sc
cured the control of the Equitable Life
Assurance from Ryan
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

What is thought to be authentic re-
ports from Philadelphia is that the ERIE
Railroad has been forced, to sell ITS STOCK
in Lehigh Valley, which 1t bought III
1901. The Erie has to meet notes dur
ing the spring. and as they nave no
ready cash the best way in which to get
it is to sell! their holdings in Lehigh
Valley.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

A radical cut has been made by the
international Salt Company in all grades
OF salt.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

Tt is said in Wall Street that the earn
ings of the coal-carrying roads nave not
been very favorable, and that insiders have
been selling coal-carryinS road stock.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-18

Henry Clews said: This lowering of in
terest rates abroad and the placing OF con-
siderable American securities in foreign
markets will strengthen our hold upon the
gold imported during the panic. In the
long run the tendency Of values should be
Upward until the market has adjusted
itself to the radical change in monetary
conditions. The advance. however, will be
accompanied by temporary setbacks.'
The Cairo bulletin., 1908-09-06
DIVORCED COUPLE WEEDS
Frank connell and Bertha steaaals
Take Matrimonial Vows Second
Time at Jonssboro.

Friends Of Mr. Frank Council AMI
Hiss Bertha Steagala Ct this city will
be interested to learn that they were
ilited in marriaEa al Jonesboro We1
uesday. Judge Monroe G. Crawford
officiating Mrs Edw Bambrick. sis
ter Of. the bride. accompanied tho
couple to Jonesboro and was a wit
less 10 the ceremCn-.
Mrs. Cornell is a daughter cf the
late Joseph Steagaia and formerly
was the wife Of 1.r Conuell They
were divorced two years ago bur re-
Gently settled their difference hap
pily which viii BE- a source cf graft
hcatiou TO their friends.
Mr. and Mrs Council will go 10
Chicago 10 reside where Mr. ConneH
viii engage at his trade rs a linotype
operator
The Cairo bulletin., 1908-09-06
BUSINESS MEN AT LUNCHEON
DISCUSS CAIRO'S WELFARE
ON SOME IMPORTANT LINES
John S. Aisthoree Urges Fair Treatment of Public
Utilities Corporations Also WantsBond-
ed Warehouse--L. {. Dennison
Wadts Lower Insurance
Rates

put the bureau into operation as
quickly as possible.
Mr.. Antrim spoke of a recent
change in the railroad tariff which az
feeted the grain shippers Of Cairo SO
that they would be put out of business
in certain territory The matter had
been taken up with the st Louis bu-
reau and it was expected that some
change would be made, but if so, s.
Louis would get the credit for IT,
l. E. Deaison called attention to
the insurance rates which prevail in
this city, declaring that they are very
much too high-higher than any place
he knew Of He understood that a
very material reduction in rates could
be had Ii some further protective
measures were inaugurated by the
city. He believed this matter ought
to be taken up to bring about some
action that would give the desired re.
lei.
II. S. Candee was called on by the
chair for some remarks on the sub
ject Mr.. Candee said he felt some
leicacy in speaking about it, because
re was in the business. He had, how
ever volunteered at a former meet
ng to present a paper on the subject,
)ut as nothing more had been said
bout il he had not cared to uuSh the
natter upon the attention of the
leeting. He would say, however
hat Mr.. Denison was right the rates
tere too high in Cairo, much higher
han they need be. Cairo was placed
n a class by itself by the Underwrit-
ers Association, class AZ, which
made it just a little better than
Mound City Wetaug, America
Thebes, etc. where only a few volun-
teer fremen were maintained to pro
tect the community against fires. Tho
reason for this was that the fire com
pani,s had been badly burned In
Cairo, their losses having been heavy
Some years ago a carefully prepared
statement was prepared by the local
underwriters and submitted 10 the
city council, setting forth the situa-
ton here and what would be needed
The Cairo bulletin., 1908-09-06

At the Merchants Luncheon yes
terday some new propositions were
presented for discussion, while pro.
grass was reported On some CT those
which had received attention before
Seymour H. Antrim was chairman Of
the meet ting, directing its business
session and the discussion. Over
thirty business men We're present.
Mr.. Antrim called for reports from
several committees on subjects Pre-.
yivously discussed, Is Follows;
Douglas Halliday said there were
no developments in the matter of the
movement to promote cleanliness at
elections. The merchants committee
was awaiting the appointment Of sim
liar committees by other commercial
bodies, the Commercial Club, Board
of Trade, Lumbermen's Association
Wholesale Grocers, etc
Harry E. Halliday reported pro
gress in connection with the Country
Club. H said thrty-nine charter
members had been obtained and there
was now no doubt whatever about the
success Of the project, and it was
hoped to start it off in good shape the
coming fall BY laws had been drawn
up and meeting Of the charter mem
hers would be held Monday evening
a. the Board of Trade rooms to or
paniZc.
Chas. S Carey said there were n
developments so far as he kenw witt
spect to the night meeting that
had been spoken Of II was neceg
sary first TO hear from the Alexandec
Club board Of directors, which wouli
meet this month and take the matter
in hand
With respect to the traffic bureau
II. L. Halliday reported that a nun
Ter Of new members had been signel
and there was now a sufficient fund in
sight to insure the success of the bu
Tcau Nine If the business men who
had been approached on the subject
had subscribed TO IT, and as soon as J.
H. Megee returned the committee
would get down to work and seek 10
The Cairo bulletin., 1908-09-06

Kodol insures good digestion BIZ
absolutely duplicating Nature s
normal process. in perfectly digest
ing all food taken into the stom-
nch.
While Kodol Is doing this. the
stomach Is resfing-snd becoming
strong and healthy. A strong and
healthy stomach guarantees
Fnund and active brain
The man Nith a sound stomach
"A stomach that Is doing for the
hodv Just Vhat Nature Intended
n 10 dds the man who Is always
prepared for any emergency. lie
IS there with The goods"
Ire man with a sick stomach. b.
r. man sick all ove-. When IRE
stomach is frritsted h- u-7iges-ei
food the blood snf heart are d.
rer-ls affected. Then dnr1esz. ur-
natural s'serinesz. s.ck-heaiact-s.
vertigo a-d fsiufi7E -rfEs. AID
even se-ious brain tHo1h.e develop.
Eodol vill prevent those
spurring the stomach ard b-5,a