davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
MANCHESTER CLOTH MARKET

MANCHESTER. November 21.-The i'm
proved inquiry on the cloth market during
the past week did not result In increased
business. which continues generally below
the average Small sales of fine cloth
were made to India and good assort-
ment of shirtings was sold to China, but
the Mediterranean, South American and
home trades remained quiet.
Yarns met with fair inquiry but the
sales of American qualities are still below
the production Of the week. Egyptians
were In better request. but prices gener-
ally were irregular.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
LONDON WOOL MARKET.

LONDON. November 21.-The sixth
series of the wool sales will open next
Tuesday and is scheduled to close Decem-
Der 10. The offerings next week will
be 10000 bales.
The general market. during the week
ruled firm in anticipation of a 10 per cent
advance at the auctions next week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
Washington Stock Exchange.

Sales.-Regular call, 12 o'clock noon-Ca pita
Traction 5s. ST. 900 at 1lsh. ST. 600 at 11si4.
Capital Traction. 20 at 1871
Washington Rwy. and Elec. CON-, so at :;SIs
Washington Rwy. and Elcc. pfd, ) at Sc, &c
Washington Gas, % at 67h, % at 67ss, q a,
6S. % at 671s.
Greene Cansnes 100 at lis, 100 at ll1s 1ot
at 1Ik, 100 at Ills.
After calI--Unlted States Trust, 20 at 93la
20 at 93Is.
Mergenthaler Linotype. 5 at 213.
Capital Traction 5s, 600 at 1lSh, $500 al
lisa.
Washington Rwy. and Elec. pfd.. at ssh.
Capital Traction. 100 at 1927. 40 at 1922, C
at 1925, % at 1929, % at 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
NEW YORK DRY GOODS.

NEW YORK. November 21.-Fruit OF
the Loom bleached sheeting advanced to.
day to 81 cents and the goods are again
lat value" All cotton goods were
strong with cotton yarns firm. Linens
laps were easy in the Calcutta market
and fair spot sales of light weights il,
this market were reported.
The retail dry goods market in the
metropolitan district was reported as do
ing fairly we'll on fall merchandise and
was ordering more freely in the primary
markets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

NEW YORK, November 21.-The metal
markets were quiet and nominally un-
changed in the absence Of cables. Tin
was reported easy at 3o.121sa3037h.
Copper was unsettled with lake nominal,
at 14.25a14.56; electrolytic at 14.OOa1425;
and casting at Ea14.12h.
Lead was dull at 4.3Oa435, and speiter
quiet at 5O5ab. 10.
Iron was steady at recent prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
POPE COMPANY REoRGANIZEI
Plants of Embarrassed Concern tt
Resume on New Basis.

NEWARK, N. j.. November 21.-The
sale of the Pope Manufacturing Com
pany's plant and other assets to reor-
ganization committee for 100000 has
been authorized by Vice Chancellor
Howell. This will wind up the insolven-
cy proceedings in which the company has
been involved for more than a year.
The remaining one quarter of the COM
pany's indebtedness will be paid off from
the proceeds of the sale, and it is under
stood that all of the plants Of the COM
pany throughout the country will hence
forth be ope rated on a new basis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
THE FOREIGN MARKETS.

LONDON, November 21-The political
controversies on the continent and the
setback in American securities operated
to check the optimistic feeling prevailing
on the stock exchange. and during the
past week price movements have been
Irregular. In spite of the cheapness of
money and the opinion that the markets
are ripe for Improvement, the public lacks
confidence, especially for securities open
to the vicissitudes of political surprises.
The changes for the week in d major
ity of the British and foreign shares arc
slightly adverse and Indian stocks de-
clined on the unrest in that country, but
Chinese bonds were only slightly af-
fected by the deaths of the emperor and
the dowager empress.
Standard glt-edged securities were
neglected for the attractive new issues
like the Japanese industrial ) per cent
loan and the Natal issue, 10Th of which
were eagerly snapped up and are already
quoted at a premium, while the forth
coming Russian MOAN and the $4,000 600
San Paulo loan probably will keep the
gilt-edged market dull for some time to
come.
Dealings in American securities were
still confined to the professional ele-
ment The evidences of liquidation by
leading interests in Wall street and the
occasional lower range OF values from
New YORK maze the PUBIC mere Sny OF
operating, and prices fluctuated irregu-
larly during the week and mostly In a
lower direction. The finish was net losses
of from one to two points: Chesapeake
and Ohio and Chicago Great Western
were exceptions, and closed respectively
9 and az points dearer.
BERLIN, November 21.-Trading on
the bOurse today was quiet.
PARIS, November 21.-Prices on the
bourse today opened weaker on realiZa-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
Financial News Letter
BY W. G. NICHOLAS.
Special Correspondence of The Star.

BIZ w. u. NIChOlAAS.
Special Correspondence of The Star.
NEW YORK. November 81, 1905.
If Mr.. Hartman and his intimate fol-
lowing are sore or disconnected at the
way the market has taken enormous
liquidation during the past two weeks
there is no evidence of it. According to
the belief of the wiseacres twho for the
most part are not half as wise as they
think they are and who oftentimes nave
their vision woefully crcumscribed by
prejudice and lack of informatloD the
great market leaders were DESTROYS or an
immediate break in prices after they mad
realized profits on the vast lines of stocks
bought throughout the progress of the
extraordinary bull campaign of the last
six months. There appears to be no
actual basis for this ingenious theory oe-
yond the strictly professional Wall street
view that the sole aim and purpose OF tine
great masters of finance. speculation ana
transportation is to "skin the sucke rs IN
the stock market. This view of the
situation might properly be designated a.
the bucket shop conception OF the great
affairs in the world OF finance ana m
dustry In the big schemes of the Dig
men who are in control of the great IN,
dustrial and railroad corporations wan
street is side issue-a necessary sac
issue it Is true. but none the less not the
main proposition.
Wall street Is the market in which
values are established and which is the
recognized register of prices at when
buyer and seller of securities meet. 1t is
also the arena in which insiders are en-
abled by reason Of their superior knowl-
edge and skill to extract from the public
every year immense speculative profits:
These profits they could not secure ola
they not make good in dividends and IN
terest upon the great enterprises they
control. or which are intrusted to their
management. 1t is true beyond dispute
that the big insiders do milk the market.
They carry on speculations in stocks as
a pastime and to keep themselves In con-
troll Of the market machinery so they
can use it in emergencies and in the car
rying on OF their vast f1otation enter
prises for the procurement of new capltal
for extensions and ACKNOWLEDGEMENT. This
is part and parcel of the great game OF
modern conquest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

More than ever are outsiders placed al
a disadvantage in trying to speculate In
Wall street Probably never before in
the last fifty years has the stock market
been SO absolutely under personal con-
troll as now. OF course. ever since there
was stock exchange there has been a
big man to occupy the center of the stage
and big pools and cliques, but never be-
fore has the market been so broad ana
so important as at the present tlfne.
Within the recollection of men still actlFe
on the stock exchange the pools ano
cliaues of $1,000 shares were considered
heavyweight. and when Jay Gould and
Commodore Vanderbilt swung lines OF
Is 900 to 100000 shares they were doing
great execution. Mr.. James r. keene
signalized his entire into Wall street after
a phenomenal success in mining specuIa.
ton in San Francisco by buying $4,000
shares. Up to that time nothing ap.
preaching the magnitude of this individual
speculation had been known in Wall
street.
Mr.. Keene realized s7,JOO,oOO out of this
campaign, the largest single winning Ia
the stock market up to that stage. Ihe
wonderful bull campaign which reached
it's latest high-water mark the past week
WIS predicated on the purchase of line
of not less than 100000 shares by MT
Hartman, William Rockefeller, Henry G.
Frick and one or two others VINO were
taken in at the early stages of the play.
1t is believed by those who are qualified
to speak from knowledge that this initial
line of stocks was increased to more than
100 900 shares at one time, which AT
par value is 81 1000. 100000 In these days
of high figures the amount Is not stagger-
ing. 1t represents the capitalization of
single corporation-steel trust. 1t may
have been that the line of stocks held
by this combine of giants was more than
SO OOO 900 900, and that the estimate'given
above is ultra conservative. In the sue
cessful management Of this, the greatest
bull campaign ever seen in Wall street
il was necessary at all times to Keep
the market active and in the doing the
full machinery of the stock exchange
was kept in continual use. No part OF
il was allowed to get rusty or so unlu-
bricated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
Tone of Weekend Steadied
by Supporting Orders.
UNSETTLED SENTIMENT
Break in Tennessee Copper Dis.
turbing Factor.
FOREIGN HOUSES SELLET
Bank Statements Exhibit Showed
Increase in Cash Holdings.
Closing Was Weak.

NEW YORK November 21.-There was
a revival today of the unsettled specu-
lative sentiment which caused the heavy
break in prices early yesterday. The
strong rally which developed late yester-
day was not extended. On the other hand
there were signs of supporting measures
for a time on declines. which served to
steady the tone. When the steadiness was
secured the market fell nto neglect. The
result was to invite to the renewed at
tack which caused the weak closing. The
foot ball game at New Haven claimed
large share of attention from the broker
age element and reduced the attendance
at the board to a large extent.
4 disturbing factor was the violent
break in Tennessee Copper without ex-
PLANTATION in new developments. This
stock has sprung into prominence in the
speculation in the last few weeks. Sales
this week were upward of 100000 shares
and last week were 10000 shares. Up to
the first of November only 4S1. 800 shares
were dealt in since the first of the year,
and of these 10000 shares were In Octo-
Der. The rise in the price from below A
before the eiections to 81 early today has
been accompanied by rumors of valuable
business developments in the by-product
of the company available for fertilizers.
The collapse in the stock today made
bad impression possible index of I'M
healthy speculative conditions in the
market.
General Weakness.
The general weakness developed after
this incident. Some comment was caused
by the report of an increase of Iv.262 in
the number of surplus freight cars in the
two weeks ended November II. There
was at the same time a decrease of II, 875
in the number of bad ORDER cars. indi-
eating that amount of replenishment of
supplies from the repair shops. There
have been additions to cars in service
from this source for some time past. at
the same time that the number of surplus
cars idle was being reduced.
The figures, therefore. indicated a halt
in the rate of improvement in freight
traffic.
London sent selling orders to this mar
ket and there was some unea sness there
over the disturbed state Of India.
The bank statement showed the loan eX-
pansion being rapidly extended both by
the banks and trust companies, but
substantial increase in cash holdings kept
up the proportion of the reserves.
Another heavy decrease in note circula-
ton was an incident of the maturity of
Gates November 20. these having served
as basis for circulation.
Bonds were irregular. Total sales, par
value. s2.224,0 600.
{ United States IS have advanced 4 per
cent on call during the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

With the development of the big bull
campaign there came into existence
large number of small pools, which in the
course of time became really large and
important pools There may have been a
hundred of them with holdings running
from 25 OCO shares to 10000 shares. These
pools have been in and out of the market.
taking profits only to return again after
more, until they have become strong and
influential. The west and middle west
combinations and they have been one of
the main sustaining influences and one of
the great aids to the larger groups behind
and under the market. They have all
made money and are ready to embark
capital in all kinds of enterprises as soon
as they make up their minds that they
have taken about all they can out of
stocks. AS rule they are a canny lot
and very far removed from professional
speculation. They had money to begin
with, and while waiting for business con-
ditions to become little more clearly
fixed they decided to make a bet on the
future by buying a few stocks.
1t would take a very serious setback in
prices to make an important inroad into
the accumulated profits of this class of
operators. They did not come into the
market to stay and do not intend to stay.
They have their regular business to at
tend to. and when it demands their undi-
vided attention they will be on their job.
The steel stocks retain their place as
prime favorites with a large class Of in
vestors and spectators. Common made
It's high record, going above So. and Steel
preferred rose above ia. One feature OF
the Steel stock is that insiders closely
identified with the management of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

Since the beginning of the bull move
ment last spring Union Pacific. the lead
err. advanced $50 share. Reading, $50,
favorites $40 to $50. The average advance
of the whole market has been not less
than $50 a share The great specula-
tive combination in control of the mar
ket confined it's trading to probably hall
a dozen specalties, only taking up other
things to keep stocks in line. 1t would
not be unreasonable to assume that the
profits of the pool and of the individuals
connected with it were thirty points,
which expressed in dollars would be
somewhere between 500. 100000 and $780,
100000 Probably not that amount has
been actually banked as profits for the
men who engineered the campaign but
are unquestionably still heavy owners
Of securities The basis of their cam
paign was a patriotic belief in the future
of the country and in the restoration OF
confidence, which would lead to speedy
resumption of activity in every depart
ment Of business. They still have that
confidence and their eyes are still toward
the goal ahead and higher up. They
fully believe that next year and the year
following will mark tremendous progress
and be distinguished by achievements
which will dim those of the past The
claim that the wolves of Wall street
could be influenced by patriotic motives
or any other motives except that OF
acquisition of dollars is calculated to
excite the risables of misguided out
siders, but il is fact, nevertheless. that
the men who are big enough to manage
the great industries of the country are
really inspired by something better than
mere love for the dollar
That may have been the dominating in
SEPARATION at the outset of their careers.
but as they grew bigger with the en-
largement of their environment they
broadened out and coupled with the love
of the dollar there developed love OF
power. The two grow together in this
day and generation. and underlying it all
is grand foundation of confidence In
the endurance and stability of our insti-
tutions. form of patriotism which is
crystallized in magnificent courage and
conquest. Without that feeling these re-
markable characters could not develop.
A mere love Of money may make Shy
locks and automatic upbulders of large
fortunes, but something else is needed
in the makeup of the captains of indus
try. who have for the last decade occu-
pied prominent positions on the stage OF
affairs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

PARIS, November 21.-Prices on TIL
bourse today opened weaker on realiZa
lions and became dull toward the close.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

BERLIN, November 21.-Trading on
the bOurse today was quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22

MINNEAPOLIS. Mimi, November 21.-
Close: Wheat-December. 101A: May,
1855; cash wheat No. 1 hard, lOSaloSA ::
No. / northern. 1Osa1OsL.; No. . northern.
1Oja105I. Bran, 1915. Flour. first pat
ents. j.40aJS0: second patents. 5.25a5.oU;
first clears, 4.OOa4.30; second clears, 3.UOa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-22
Boston Stocks and Bonds.

BOSTON, November 81.
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
PEARL INDUSTRY DECLINES.
Drop In Prices Has Put Business in
Bad Way.

Reduction of the price Of mother
of pearl from $4,000 to $500 ton
on the London market during the last
six years has seriously affected the
pearling industry in Australasia, from
where the greater part of the worlds
supply Is obtained.
The most important centres Of the
Darwin and Broome. As the amount
secured averaged four tons per boat
per annum, and the expenses were
comparatively small, large profits for
merly were realized. The divers and
crews working on the pearhng lug
gers are introduced under agreement
with the Federal government. They
are imported for a period of three
years, and the master is compelled
to furnish a bond of $500 for every
at the epd of three years that man
will be- deported to Singapore, the
port frsm which the divers are re-.
cruited. Formerly the pearlers paid
the divers $40 psr month, s100 to
$175 per ton bonus, and, in many in,
Stances, from to Is per cent. fol-
the pearls won. Though arriving al
raw coolies. some Of these Asiatica
earned from $1,000 to $4,000 per an
mum, with keep.
The divers, most of whom are Jap
anese, are well organised. hSvina
their clubs and benefit societies, and
every Japanese, whether belonging Il
the crew, tender or driving stat, a
compelled by his countrymen to Join
Kansas City Journal.
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
New Paper for Washington.

Natchez, Miss.-A paper that is do
Ing much towards tie development Of
the interests of Adams, Jefferson and
Enterprise, published at Washington,
the most historic town in Mississippi.
1t contains general news and histori-
cal sketches of Washington and the
surrounding country. 1t is ably edit
ed by Mr.. l.. G. Marsh, who received
his education at that institution
which has furnished the South so
many great men Jefferson Military
College,
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
Disciplined Road Contractors.

The Kinds county Board Of Super
viscrs read the riot at" to the
co Inty road contractors, al of whom
lad been summoned before the board
for that purpose. There has been
good deal of complaint frora almost
every section of the county as to the
manner OF working the roads by
these contractors, and fine object OF
the board in getting them together
was to impress upon them SO ell.
phatically that they would not forget
1t the fact that hereafter their quar-
terly payments will be withheld until
the road commissioner has certified
that the roads are worked accord
ing to the specifications anil the con-
tracts.
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
TAUGHT SOCIALISM.
Young Girl Being Educated ON its
PRINCIPLES.


Young Girl Being Educated ON Its
Principles.
Covington, Ky.-Cornelia Thobe
q beautiful child of I years. is being
reared to become a leader OF Social
lists. Her father, John Thobe, is the
Socialist candidate for congress in
this district. He is so devoted to the
party that he feels its doctrines
sho Nd form the basis OF the educa-
ton OF his children. Equality and
Independence for the common good .
he says, Should form the basis OF
every child's education Some OF
the things she is taught are as fol-
lows:
All little girls are equal.
Some OF them are more unfortu-
nate than herself, through no fault
OF theirs nor of their parents.
Present conditions under which
poor and neglected boys and girls
abound are very much at fault.
She should be willing to devote
her life to the cause of gaining equal
opportunities for all children as well
as grown folks.
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
BABY CRIED AND SCRATCHED
All the Time-Was Covered with Tor.
turing Eczema-Doctor Said Sores
Would Last for Years-Per.
feet Cure by Cuticura,

My baby niece was suffering from that
terrible torture, eczema It was all over
her body, but the worst was on her face
and hands. She cried and scratched all the
time and could not sleep night or day from
the scratching. had her under the doc.
tors care for year and half aud he
seemed to do her no good. I took her to
the best doctor in the city and he said that
she would have the sores until she was six
years DID, But if had depended on the
doctor my baby would have lost her mind
and died from the want of aid. But used
Cuticura Soap and Cuticura Ointment and
sac was cured in three months Alice L.
Dewell, 4769 Easton Ave-, st. Lsuis. Mo-,
May 2 and 20. 1907"
The Brandon news. (Brandon, Miss.) 1892-1961, 1908-08-20
ON A PLEASURE DRIVE.

Long Branch, N. Y.-E. r. Thorn
as, former banker and race horse
owner, was seriously injured here
when his automobile struck and
wrecked carriage containing sever
al New Workers, who were on q
pleasure drive. The horses attached
to the carriage were thrown violent
" to the ground and Mr.. Thomas
and his Chauffeur were hurled 20 feet
to one side Of the roadway. Thomas
left leg was broken st the knee.