davidaulloa/AmericanStories huggingface dataset:
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
EXPECTED BIG EARNINGS DECREASE.

NEW HAVEN, Conn, Feb. SIT is
understood that The. gross earnings of
the New York. New Haven and Hart
ford Railroad Company for January
will show a falling off estimated at be-
tween 100000 and $500, 600. On the
other hand. there is to be set against
this various reductions in operating OK
penses, including considerable reduc-
tions of train service, estimated at not
less than $4,000 0 for the month. Fixed
charges, however, have considerably
increased. The $25. 000, 900 of 6 per cent.
convertible d%ebentures of the $780, 0o, 00C
soon to be issued call for a liked
charge of 81, 500, 900 a year, of which the
proportionate charge for January is
$125,00
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
TRADING IN LOCAL
SECURITIES LIGHT
AND TONE Dull
Market Very Quiet, with Trac-
tons and Other issues a
Little Off in Prices.

AS was the case last week, the local
market did not improve any in its
tone or activity. On the whole the
market was dull. The trading vas
confined wholly to a few stocks. The
only feature of the week was the sale
of a small block of Prudential stock
at 525, which is 100 points above the
last previous known sale.
The trading of what there has been
is only of an investment nature, specu-
lation being out of the question. Small
lots only were sold, and the demand
was not as pressing. as it had been
earlier in the year.
Money locally has been perceptibly
easier as far as procuring loans is
concerned, but 5 to 6 per cent. is de-
handed for interest rates, and the best
of collateral is demanded, such as
county and city bonds, and the best
underlying railroad bonds, stocks being
very hard to ecu n on. The
banks at present are in very good
condition, physically and financially
and with easier money in New Yorl
and other centres it will not be long
before money will be loaning at 8 pei
cent. here.
This week is the first time money
could be procured freely without muef
trouble, since early last summer.
Trade conditions in New Jersey a.
well as in Newark are improving sons
due to the recuperation set in recently
although there are still large number
of idle men who are gradually BENZ
taken back to their old positions.
Some Newark Passenger bonds sol'
this week between 104h to los, Will
the Consolidated Traction SIS wer'
sought for at 102. Both of these bond
are off a little. Consolidated Traction
stock on the other hand found a mum
Der of buyers around Sc and Whit
Line bonds were sold for 61h. Publ
Service certificates were weak agaii
after a little furry and solo down
So and SO. The fractions as q Who'll
were generally off and weak in tone
The demand was also not active.
The gas and electric issues also en-
countered the same kind of a PROPOSE
ton as the fractions did. Unite
Electric bonds were bought for 81 I
611, and Essex and Hudson found
buyer here and there between ITO an
112. Some South Jersey gas bono
were disposed of around par n 10
while Newark Gas was sold for 81.
Bank and insurance stocks remaine
unchanged with the exception of I'll
Prudential stock, which was sold 6
A525. From present indications local 50
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
STEAMSHIP RATE WAR
FINALLY ENDED.
special to the Evening STAR

LONDON, Feb. S.-The official seals
of all the steamship companies engaged
in transatlantic passenger traffic were
put to an agreement late last night
which ends the recent rate cutting and
by which the companies undertake to
maintain certain rates for all classes
of passengers, the figures of which
will be made public shortly.
The basis of the understanding was
reached by the heads of the COM
panies yesterday, after they had been
holding conferences for a week, and
last night experts worked out the de-
tails. There had been some stumbling
blocks in the way of an agreemnt, but
these finally were overcome, and the
delegates to the conference last night
gave out an official statement pertain
ing to uniform rates.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
GATES'S SEAT SAID TO BE SOLD.

NEW YORK, Feb. S,-Rumors circu-
lated in Wall Street yesterday to the
effect that Charles G. Gates, son of
John w. Gates, had sold his seal on
the Stock Exchange and that the street
would no longer know either the elder
or the younger Gates. Charles G. Gates
left yesterday for what he said would
be a long stay in California, and it is
believed by the brokers in the street
that before leaving he severed all con-
nection with the exchange. A seat on
the exchange was sold on Thursday
for $4,000, and this is believed to havs
been the Gates seat, for which $4,000
was paid in February. 1901.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
TO MAINTAIN STEEL PRICES.

CLEVELAND, o., Feb. 8.-For the
apparent purpose of endeavoring to
maintain the price of iron ore for this
year upon a standard equal to the
prices which prevailed last year., Will
lam II. Corey, president of the United
States Steel Corporation. attended the
conference Of iron ore mine owners here
yesterday. The United States Steel
Corporation is not a purchaser of ore,
owing to the fact that the corporation
has its own mines, but owing to this
ownership Is interested in the selling
price of ore. There was little for the
steel corporation president to do, how
ever, as there was no apparent dis
Hposition on the part of the mine own
ers to make a rate less than that which
prevailed last year.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
WANT INSURANCE LAWS MODIFIED.

NEW YORK, Feb. s.-The Associa-
ton of Life Insurance Presidents, of
which former President Cleveland
is chairman. at it's regular meeting
yesterday instructed it's secretary to
proceed TO Albany and present bills
asking for the modification of the life
insurance laws Of this State in three
particulars:
First-For the repeal of Section 81.
which limits the amount of surplus
which a company may hold.
Second-An amendment to Section So,
hat policies with deferred dividends
may be issued on impaired lives.
Third-Amendment to Section ~
which affects the compensation of the
soliciting agent.
The exact draft of the bill modifying
section 81 is to be prepared by the e
ecutive committee.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
NEW NATIONAL BANKS.

Especial to the Evening STAR
WASHINGTON, Feb. s.-The Comp
troller of the Currency has approved
an application to organize the First Ma
tional Bank of Inglewood, Cal, capital,
Ss5, 900.
Applications to convert into national
Banks have been approved as follows;
The Farmers and Merchants Bank of
Fort Branch, Ind, into THE Farmers
and Merchants National Bank of Fort
Branch capital, $4,000: the CONNER
elal National Bank of Raleigh" the
O., capital 800, 900. into 1.-THE CONNER
eial National Bank of Raleigh; the
Citizens Bank OF Kingston, N. c.. into
TFhe First Matt nal Bank of Kingston
capital $100,0 600.
Certificates have been issued author
izing the First National Bank of New
ark. Ark, capital $4,000, and the Mus
kogee National Bank, Muskogee, Okla.
capital 800, 900, to begin business.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
FAILURES IN JANUARY.

NEW YORK, Feb. 8.-January fail
urc reports TO Bradstreet's show a large
aggregate of liabilities. There were
1,722 failures, with S63, 416, $50 in liabil-
tiles, in January, 1908. Compared with
January, 1907, there is shown an in
crease of So per cent. in the number
Of failures. and the liabilities in the
first month of this year were more
than double those of any preceding
January since monthly records were
complied, and were three and one-hali
times larger han those of January
1907. These returns prove the correct
ness of predictions that 1t would re-
main for the present year to reveal the
full effects of the financial storm Of the
last quarter of 1907.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
MEXICAN BANK INCREASES STOCK.

CITY OF MEXICO, Feb. SIT is re-
ported in financial circles that Jose
Yves Limantour. minister of finance.
has brought about an increase in the
capital stock of the National Bank of
Mexico from $32, coo, 900 to $50. 600, 900.
The additional amount of SIS, 000, 900
capital stock Of the institution was sub
scribe6 in France. it is stated. No Of
fetal confirmation of the report is to
he had.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
PENNSYLVANIA PLACES ORDERS.

PHILADELPHIA, Feb. SIT was
learned from a trustworthy source yes
terday that the steel rail orders of the
Pennsylvania Railroad Company were
placed with the following companies:
United States Steel Corporation, ~
500 tons; Cambria Steel Company, H.
900; Pennsylvania Steel Company, H.
600: Lackawanna Steel Company, 5000
The contract price for the rails could
not be learned.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
BUTTE BANK TO REOPEN.

BUTTE, Mont Feb. Sit was an
nounced Yesterday on the authority OF
the management Of the State Savings
Bank that the bank would resume busI-
ness on February Is. In compliance
with the order Of District Judge George
M. B%ourquoin. President M. s. Largely
Of the bank, and f. Augustus Heinzt
have made good the amount of then
Indebtedness to the institution.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
SECRETARY OF TREASURY IN N. Y.

NEW YORK, Feb. S.-SecrctarY of
the TT asury Corfelyou arrived here
last night and, 1t is understood, that
before his return to Washington tonight
he will lave had a conference with
United States District Attorney slim
son over certain financial matters that
that officer has had occasion to bring
TO the attention of the Federal Grand
Jury.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
CHICAGO RAILWAYS MERGE

CHICAGO. FEB. s.-consolidation of
two big Chicago street railway COM
panies and the granting of a 2O-year
franchise to the united corporations,
known as the Calumet and South Chi
ago Electric Railway Company. was
brought within q few weeks Of reali-
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08

zation yesterday. A subcommittee az
the council committee on local trans
portation has practically compelled the
draft of an ordinance which proposes 4
merger of the South Chicago civ
Railway Company, and the Calumet
Electric Street Railway Company. the
latter now in the hands Of a receiver.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
s6.ooo.ooo oIL LINE OPENED.

PORT ARTHUR. Tex. Feb. S.-The
eight-inch oil pipe line which John w.
Gates and associates built from Tulsa,
Okla, to Port Arthur was put into
regular operation yesterday. It is as2
long and cost more than 5000 0O,
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08

c~urities look good for investment buy
ing. but for actual trading as far as
activity is concerned there seems to
be little hope for an active market for
some time.
The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-08
NOTICE TO READERS.

THE STAR will be pleased 10
publish any information regard
ing any inactive general and
local securities not quoted in
these columns, as we'll as any
other negotiable paper now on
tie markets of the world. by add
dressing the
FINANCIAL EDITOR.
The Nevada County picayune., 1908-02-27
From Thursdays Dinner Horn. STRUCK BY TRAIN
 WHILE AT WORK
Oliver Griffin Was SeriOuSIV Injured Yesterday At
 CruSe TroStle.
Number 5.

Oliver Griffin, who lives near Boughton, was dangerously hurt at the Carouse trestle, south of Prescott, about three o'clock yesterday afternoon,
 He was a bridge carpenter and was working at the trestie at the time of the accident. He had left an augur on the bridge where he was working and on going to get it he did not notice the approach of an oncoming through freight and before he could clear the trestle he was struck by it, and knocked off the trauk into the stream below, recieving very serious injuries. His skull was fractured, he was cut badly about the head and in- jured in the back.
 He was brought to Prescott and his injuries treated by local physicians, and this morning was placed on an early train and talk en to the railroad hospital at St. Louis.
 From Saturdays Dinner Horn.
 Oliver Griffin, who was hurt on this railroad Wednesday, died yesterday as a result of his in- juries. He was put on the train here Thursday morning to go to the railroad hospital at St. Louis, but not being able to stand the trip, stopped at Little Rock where he died.
 He was accompanied by his father, Geo. Griffin, who brought his remains home. He will be buried today at Missionary Grove church, six miles north of Pres colt.
 He leaves a father, brother and three sisters.
The Nevada County picayune., 1908-02-27

members of said association had caused said plaintiffs name to be placed upon said list, and that his name was rightfully placed thereon, but they emphatically deny that they caused the same to be placed on said list.
 They deny that because of the publication of said list the plain tiff was unable to obtain credit; but allege that the plaintiff be- fore the publication of said list had been refused and could not obtain credit, and that the publi- cation of said list in no way af- fected plaintiffs credit.
 Further answering the defend ants say: That said lists are prepared for the mutual and eX- elusive use of the members of said Retail Merchants Associ- ation and no one else, and that said lists are not made public, but are privileged and confidential communications and that any publicity that has given the same as far as plaintiff is conserned was and has been caused by his own acts.
 THEREFORE, these defendants deny that the plaintiff has been damaged in the sum of S5, 0O0, or in any other sum, by reason of defendants or either of them.
 WHEREOF. they pray.
 MCRAE X TOMPKINS,
 Attorneys for Defendants.
The Nevada County picayune., 1908-02-27
AS OTHERS SEE
 US POLITICALLY.
EditOridIIy the Memphis Com merCidI Has This to Say of
 Davis Ozark Speech.

The Hon. Jeff Davis has un- corked himself, and is now busy trying to elect his candidate, Kirby, governor of Arkansas. Some people are inclined to crit icise the Honorable Jeff for med ding in a contest that is no con- cern of his; but this criticism is far-fetched. These censorious people do not stop to think that Jeff has large, plenipotentiary privileges. It is his mission not only to regulate the United States senate, but to see that his own state conducts itself in a proper and punctilious manner. The people of Arkansas are a wayward and benighted people. They do not always know what is good for them. Jeff Davis knows, and he is not reluctant to impart his knowledge to a wait ing world.
 At first blush it would seem that he is not charged with the duty of selecting the next gov ernor of Arkansas, but this is a Liliputian view to take of his powers. As the Low-Combed Rooster of Arkansas he enjoys extraordinary functions. No governor can be considered of ficial and compete without his indorsment.
 Hence he does well to be vocal and vociferous, and he will be. The people of Arkansas ought to be glad that they have a great Wind to do their thinking, their picking and choosing for them. Kirby is the anointed one. We may have had our doubts about him before, but we can hesitate no longer. With the name of Jeff blown into his boom, he stands pre-eminent andundefiled. There may be some skeptical Arkansaw-duster who resent this interference, but if they will take condition powders and get wise they will see that they are mistaken. In the mean time, the motto of Jeff the Tumultuous is Wake me up when Kirby dies. " And the chances are that he will never be reused from his peace full slumbers.
The Nevada County picayune., 1908-02-27
Proposed Amendment No. 10.

That Section l of Article l6 of the Consttu- tion of the State of Arkansas be amended so as to read as follows;
 any city town county, or other municipality in this State shall ever loan its credit for any pur- pose whatever nor shall any county, city. or town or municipality ever issue any interest bearing evidences of indebtedness, except such bonds as may be authorized by law to provide for the con struetion and maintenance of public highways in counties cities and towns and the construction, purchase and maintenance of public improve mcnts of a general na ure in cities and towns. Provided Tha, bonds or evidences of in- debtedness shall rot be issued for uu amount more than ten pee csnt Of he assc sed vanation of all re,,l and personal prserty in city sown or county proposing 10 issue same
 Such bonds shall not bear greater .ata or n- tercst than five per cent pe arnum. and in ord or -o provide for tne payment of such bond and in- terest special tax n,> 1o exc ed three mills on tine dollar in aGGii.. 4 late o9 taxation. now authorized. n, y b, ,,, .J by said counli- cities and towns
 And the State shall nee issue a7y interest bearing treasury walra- scrip.
 The above raaolutoa a.s filed in the office of the Secretary Of State on May 9, 1907.
 Each elector may vote for against the above amendment.
 Witness my official signature this 24th day of February. 1908 o. c. LUDWIG,
 Secretary of State 1c,oI
The Nevada County picayune., 1908-02-27
MRS. J. r. SMELL
From Saturdays Dinner Horn.


 Our community was shocked on learning of the death of Mrs. J. E. Shell, formerly Miss Elm Christopher, at 10 o'clock yes terday morning at her home at Emmet. Her death was sudden and unexpected and she died be- fore her family could be notified. Her husband had been and is now dangerously sick.
 She had been for several years a teacher in our public schools and was loved and respected by all who knew her. She active in church and social affairs and al ways ready to perform any duty for which she was called upon.
 Her mother, Mrs. Janet Chris topher, sister, Miss Lizzie, and brothers, George, Dick and Ned, of Prescott, and Bluford, of Louisiana, and her husband and baby boy have tlne sympathy of the entire community.
 She will be buried at Emmet today.
The Nevada County picayune., 1908-02-27
TAX COLLECTORS NOTICE.

I will attend at the following places on the dates mentioned for the purpose of collecting taxes tor the year 1907. Owners of real estate will bring their last years tax receipt, also the num- Der of their school district:
 Bodcaw, Thursday 27. Azor, Friday a. m. 2S. Sutton, Friday D. m. 2S. Sutton, Saturday a. m. 29 Laneburg, Monday. March 2.
 Mt Moriah, Tuesday a. m., March B Gale, Tuesday p. m., March Sd.
 Morris, Wednesday a. m. |" 4th.
 Boughton, Thursday '' 9th.
 Emmet, Friday, 9th.
 And will remain in Prescott until April 10, after which time the books will be closed. Ed Hood, Collector of Nevada County.
The Nevada County picayune., 1908-02-27
TlCE FOR PUBLICATION

Land Olice at Camden, Ark.
 Jan. 20, 1908. is hereby given that John c. of Prescott, Ark, has filed his intention to make final proof in support of his claim, |omestead Entry No. 30, 158, pv. 6, 1906, for the Frl. E. l-2 !, Section 3. 3.Township 10 south, west, and that said proof will before County Clerk of Nevada Ht Prescott, Ark, on March He names the following wit \ prove his continuous residence ld, cultivation of, the land, per P, Wilson, Prescott, Ark. Enbrough, of Prescott, Ark, |Harris, Prescott, Ark, Will parks, Prescott, Ark.
 H. c. Friedheim, Register.
The Nevada County picayune., 1908-02-27
PROPOSED AMENDMENT TO THE CONSTITUTION OF THE STATE
 OF ARKANSAS.

Notice is hereby given that the following joint resolution. proposing an amendment to the State Constitution. was passed by the General Assembly at its regular session of 1907. and that the same will be submitted to the electors of the State at the next general election. to be held Monday September l4 1908. for adoption or re-
The Nevada County picayune., 1908-02-27
NOTICE OF TEACHERS' EXAMINATION.

Notice is hereby given that there will be a public examina- tion at Prescott, Ark, on Thurs day and Friday, March 18th and 20th. 1908, to ascertain the pro- fessional qualifications of all per- sons desiring to teach in the pub- lie schools of Nevada county.
The Nevada County picayune., 1908-02-27
HOLY LAND

Dr. Horniday gave his prelim- mary lecture on the Holy Land at the Methodist church last night. He will give his second lecture, From Joppa to Bethle- hem tonight at 7;30. These lec- lures are very interesting. Al aye invited
The Nevada County picayune., 1908-02-27
FIRE AND LIFE INSURANCE

0. B. Gordon, at Nevada Co. Bank, writes fire insurance in companies that are confiagration proof, having paid their losses promptly for nearly 75 years. He is also agent for The Mutual Life Insurance Company of New York.
The Nevada County picayune., 1908-02-27
TELEPHONE LINE
 COMPLETED.
Southwestern Arkansas TeIe- Phone Completes Line
 tO Melville.

From Saturdays Dinner Horn.
 The Southwestern Arkansas Telephone Company, which owns the local exchange, has just com pleted it's lines to Norville, at the end of the P. &. N. w. By, about 36 miles from Prescott. They have had force ot men at work on it for about two weeks and just finished the line yester- day.
 They have now started to con- meet the phones. There will be about a dozen phones on the line to start with, by which connec- tions can be had with all the small towns along the line, and more will be added from time to time, and other short lines added.
 The line follows the P. & N. w. railroad all the way out.
 The Dinner Horn representa- tive talked with s. B. Reese, sta tion agent at Norville, yesterday over the new line.