davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
WALL STREET NEWS
Market Quiescent Waiting
for Steel Report.
RUMORS ACETATE EXCHANGE
Steel Common Stock Advanced Sharp
Iy in Morning, but Lively Decline
Went on I'm Last Hour and Other
Prices Weakened Likewise - Pres
sure on Two Railroad Bonds.

New York. Oct 26.-NIost OF the time
to-day the stock market was occupied in
attending upon the ceremony Of what has
come 20 be an established process now
once every three months OF waiting for
the steel report" For several weeks the
consensus has been in financial circles
that the directors Of the Steel Corporation
would at their meeting to-day place the
corporations common stock upon a : per
cent annual basis. that somewhere around
SSS,OOO,O0O, or S4O,OO0,O0O net earnings would
be shown for the quarter, and that the
volume OF untitled orders at the end Of
the quarter would be between 100000
and 100000 tons.
Nevertheless as the hour approached
when the expected news was TO DO made
public hesitation IN regard TO the market
action by Spectators was natural
Market Relatively Quiet.
For the greater part Of the day. the
market was relatively quiescent: but It
was ar various times agitated by rumors
Of sort familiar to the stock exchange
and bearing both unfavorably and favor
ably upon thu character Of the statement
70 be made by the steel directors.
During the morning the quotation for
Steel common stock advanced sharply,
and tho general market was strong in
sympathy. but in the last hour lively
decline went on in Steel stock. the rest
Of the market weakening likewise.
II must be added that throughout the
day there appeared to be rather especial
pressure upon one or two stocks. prin.
oipally the Great Northern preferred and
Brooklyn Rapid Transit shares.
In the case OF Great Northern reason
for this was supposed 20 be tho recent
publication Of the railroads annual re-
port for the fiscal year showing net
earnings Of only SO per cent upon tbe
stock, whereas the road is distributine
Z yer cent in dividends. But the caus,
for the general downward movement q,
prices was declared to be that the result,
Of the quarter were more or less dis.
appointing"
A quarterly dividend Of 1 per cent. q,
al the annual rate o. per cent. was an.
nounced upon the Steel common shares
The earnings FOR the corresponding quar-
Ter were found 10 be S2S,246SJ7. and tn,
volume Of untitled orders 4,796SS3 tons.
Net Revenues Announced,
1t may be said there are few conserva
tive people in the financial district VIII,
really thought that the net revenues o.
the corporation in the quarter would b,
materially above the figures to-day mad,
known
Outside Of the talk and gossip regard
ing the matter referred to, the run Of
market news to-day was inconsequentaI
Call money mostly lent to-day at Al.
per cent Time money was, however
again frmer. commission houses ans
others now displaying somewhat greater
desire 20 lay in a supply Of funds for
over the end OF the year at per cent.
Sterling exchange here declined rnoGer
ateiy, but neither this nor discount rate
suffered any striking change IN any 0
the European financial capitals.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
COTTON MARKET.

Quotations furnished by w B. Hibbs & Co.
members q the New York Stock Exchange. Hibbi
Building. rs Fifteenth street northwest
New York. Oct. 8-After sitting still higher prics
records for the season January reaching l49 March
lAS5. and Nay AS the market sold Of slightly
below last nights closing levels before midday The
PRINCIPAL pressure from enormous prudt-taking.
some q the heaviest selling being charged 70 the
bull leaders but tho additional continuation Of snail
crop viOWs afforded by uTlva1s estimates that were
put out through the day stood IN tho way Of any
thing approaching q Teal break. More importAnca
attached 10 the spot situation and the best infoma-
ton obtainahle IN regard . the latter was extremely
favorable 10 higher price ideas All the principal
Southern marts we're steady.
The market hardened in the afternoon And closed
n 4 r,rfrfs net higher for th. fav
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
BALTIMORE PRODUCE MARKET

Baltimore. oct. ACCUSATIONS furnished By Bal
ti1ore FrIit and Produce Association are as FOL
. lows
BUTTER-Creamsry separator. peT h. 32a33: i'm
tatiou Ea22; prints '1-lb S7sA. do, lib. g2a4
blocks. 1-ib., Per To-. sax; dairy prints Ma7y
lard. Pennsylvania. and Virginia. Z5a25: Virginia
and West Ni-guia, storepacked. s3sia; Ohio st0rc-
packed -a25i- nearby rolls. psr ID. 211; IVES.
Virginia rolls per No.. pa Ohio rolls pr d.. ga
EGGS-Maryland. Pennsylvania. and nearby frs,s
per dor. %. Eastern Shore. MARYLAND and Viz
ginIa. %; Western a-sts, .; West Virginia, 2
North Carolina. y.
LIVE POULTRY-Oid hens. heavyweight. per
H.. u; do Lightweight, pCr 10 lZ'a; old rooster.
Per H. lc Young chickens. psr h. 4; ducks pci
To- Z. small y: turkeys yong. pounds and
over. l6aI1; old. per D.. L. geese Western and
| southern. per h. lInl2. Maryland and Virginia
Ter 10. lhl2; kent Island per ID, l3ali
pigeons young per pair. Is. do. old. per pai- =
do. white Pekns. pcr To-, Is; spring ducks 5 lbs
and over, per H.. %; do guinea fowls. old, each
/ =: de-. young. ] 20 II lhs.. NaB.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27

CATTLE-Extra. pcr cwt.. f50a5o0; do. butcher.
35lsi.t0, do. common. 200a1o0
HOGs-Per cwL. gross. 7oa7.o; do. ordinary.
per cvt. G5a7.O0.
SHEEP Prime, clipped. 3-galoO; common. clip
ped. 2O0a300
LANIBS-Choice spring. PER ID. Sal: do. ne
dunn g.
CALvEs-Pume. Der ID. 2; do. medium. s; de-.
grass. 5.
COWs-Prime. fresh. each. 35.O0a35oo; do. CON-
mon. each. 25OlaS0o0: &C.. old and dry l0.OCal500
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
FINANCIAL.

much as Nevada Consolidated has dem
onstrated in its Copper Flat Group.
Besides this, ELY CENTRAL is now
mining in its Monarch and Clipper Shafts,
and will begin shipping in ten days some
of the richest ore ever opened IN the Ely
district. These mine-making potentialities
explain the advance Of ELY CENTRAL
to So, and warrant its further move
ment to s. and higher. Shrewd investors
have studied and measured them, and
their conclusion is that ELY CENTRAL
will be found to be intrinSically as valua-
bic, and must ultimately become as great
a producer as is Nevada Consolidated,
and that as development progresses ELY
CENTRAL stock must advance to the
price level of Nevada Consolidated.
They are therefore buying ELY
CENTRAL for enormous stock market
profits, for absolutely safe investment,
and for heavy dividend returns. The
ELY CENTRAL buyers of to-day are
those who, by reason of long experience,
make no mistakes in their copper com
mitnents. You can make no mistake in
following them. You can do no better
for your own pocketbook than by emu
lating them, and getting your orders to
buy ELY CENTRAL into our hands or
those of your own broker without a mo-
ment's delay.
Full information as to the corporate
details, with engineers report on the
property, will be cheerfully furnished on
request
Hi0heSt hank referencae
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
LOCAL GRAIN MARKET.

GRAIN-Wheat. new, per bus Lo5al.Is: com,
sheilcd, per bus 75aso; cob per bbl 49ai 81; oats
Western. white. No. p per bus. 5ba53: mixed. per
bus. s2a50; bran. rer ton. 800; middling per ton
gI0e.
HAY AND STRAW-Hay Western. No. J. I75la
$50; No. 2 l65Oa7.o0; mixed. l6.ooals50. Straw.
rye. bundle. b.01al600; straw, rye. machine thrash,
SO0a9o0; straw. wheat per ton, s.0Oas.5O; straw,
cat per ION. 6.5oa7.o0.
SEEDS-Alske per bus s.O0as75; clover, per
bus 6.5Oa9O; timothy. per bus. LS0a225: nrinnsnn
clover, per bus. lQ.0oallO.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
WASHINGTON STOCK MARKET

sales-Reguar call at Il O'Clock noon:
Washington Railway and Electric Is. $1,000 AZ g.
Washington Railway and Electric preferred. Z al
sJsS NJ 9ja.
MergenthLeT l at 23iz
After call-Commercia National Bank. s at LIS.
Lanston. 100 at 1885.
Washington Railway and Electric preferred. L
az ssi1
Washington Railway and Electric IS. 600 At So
Sl0Ol at s..
Following arc the bid and asked prices on yes
terdays Washington Stock Exchange;
GAS BONDS
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
NEW YORK STOCK MARKET.

Quotations furnished BY W. 3. HIbbs Co..
members New York Stock Exchange. Hibbs Build
ing. IS Fifteenth street northwest
CALL MONEY-sALES By HOURS'
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27

New York. oct. a6-WHEAT-Easer: snail bust
ress No 1 Northern Duluth. 20 arrive, Ll55s: No.
red. Z. O b.. nominal rs; No. hard New York
E. o b.. LGZia; No ! macar1ri, Is. (. o. b.. No. /
Manitoba, T. o. b. 20 arrive. NoveiEber. lo5. ex-
pcrt~rs took loads mainly Manitoba
CORN-Stsady; dull No. ? elevator. 6g1s No 2
T. o. b. 69it No. 2. T. O. b.. end Octobcr 6sls
No. yellow. f. o. b.. 7O'3: No. 2 T. o b. Deem
Der to March shipments. 65a exporters took loads
RNE-Str1dy: nominal New No. !. T. O. b.. slA.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
BALTIMORE STOCK MARKET.

Baltimore. Oct 2S-FoIlowing are The sales and
quotations on the most active securities listed on
tho Baltimore stock Exchange:
SALES
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
CURB MARKET.

Quotations furnished by W. B. Hibbs & Co.
members Of the New York Stock Exchange. Hibba
Building IS Fifteenth street northwest
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
The Safest investments

are those that do not nuc,uate during disturbed
conditions Of the money or stock markets. FIST
deed Of truSt rotes lhrst mortgages. well secured
On real estate IN the District Of Columbia. con
stituts gilt-edgs" Investments They do no,
depend upon the financial responsibility Of ind
Tiduals or corporations for their stability. and
are exempt from taxation as personal property.
We can supply such investments IN amounts
f.1<1 $500 upward. Send for booklet. "COnce-niS1
Loans ard Investments"
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
Net Revenues Announced.
GOVERNMENT BONDS.

New York. Oct s-Bid and asked prices on gov
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-10-27
WASHINGTON CATTLE MARKET.

dividend.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
MANY NEWARKERS
SAIL TOMORROW
FOR CONTINENT


home, 10 Reynolds terrace. Orange, in
Commissioner Fe1l. The ooms OF Mr..
Underwood's home were ~Attraetively
decorated and a substantial menu was
served. The affair was delightfully."- In
formal and the guests gave short talks.
speaking Of their affection for the
guests of honor and wishing them bon
voyage on their Journey. After the
cigars had been lighted Mr.. Under
wood called Upon former United States
Senator James Smith, IT,, and the other
for short talks. Addresses were
also made by Under Sheriff Charles
Reilly. Mayor Arthur B. Seymour, of
Orange; former Mayor Isaac Sheen
thai, County Register Edward s. Perry,
the Rev. Peter Kurz, pastor of st.
venantlus's Church, Orange; Council
man Daniel G. Coleman, Of Orange;
Judge Davis, Mr.. Fell and others of
the guests. The invited guests included
former State Senator Michael T. Bar
rett, Sheriff William Harrigan, William
j. Kearns, Henry A. Guenther. Peter
]. Underwood, George p Underwood,
William Underwood, John Underwood.
e. M. waldron and Peter Hauck, jr.
Judge Davis, Mr.. Fell and Mr.. Bern
hard will enjoy a short stay in Eng
land. On his return from Europe Judge
Davis will join his wife and fve chill
dren, who are at their summer cottage
in Webb avenue. Ocean Grove.
Former Judge Henry will sail on. the
steamer Vaderiand. Mrs. Henry. who
vas Miss Carrie i-etiey before her mar
rage, was a soprano soloist In Newark
of high repute, She is president of the
Lyric Club. members Of (which may see
her off at the steamers pier. Directors
of the Hearthstone Building and Loan
Association and Willie Hong, Mayor
of Newark's Chinatown will bid Mr.
Henry bon voyage.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25

Jaws. Of the company we're changed and
modffed at a special meeting Of the
stockholders on August -, 1907. He
points out that 81 1877 shares of stock
voted In favor of the proposition, and
no one opposed IT. He further says
that while he had notice of the special
meeting and was advised that some ac-
ton might be taken on the bylaws,
noscopy OF the proposed changes aecofn-
parted the notice. He says that he
did b9i attend the meeting being abb
sent from the state at the time, and
rad no actual notice until quite re-
Gently Of the bylaws as then adopted.
He says that he understands hat I'M
der the charter of the company the
adoption Of bylaws Is a function Of
the board of directors. and that the
stockholders had no control over this
matter.
MIR. Blanchard then goes into minute
details concerning the progress of the
insurance company and its branching
Out. into the Industrial business. He
says that until 1886 it was conducted
exclusively as a stock company. and
no person other han a stakeholder
was recognized by the company as
having any interest in the surplus
profits. He further states that in 1886,
'contemporaneously with the extension
of the business to ordinary life bust
ness, the Company began to issue par
~stiGipating ordinary policies, under
(which the ~poIicyhoiders were entitled
to sparticipate in the profits accruing
IN certain classes of these policies. 1t
IL shown that at the END OF 1896 the
company had a surplus of s4,o31, 207. 9s.
that 1t had outstanding industrial in
uranee lit the total amount of s279,-
o30. 63s, and non-participating and ordi-
srysinsuranees of Sal. 422. s45
: The bill goes on to how that in piir-
suance, of the law on this subject in 1907
the directors communicated with the
commissioner Of banking and Insurance.,
stating that non u4rticiuating policies
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25

only Would be issued by the company.
The complainant says that he had no
means of knowing the amount of in
surance outstanding as divided between
participating and non-participatiny
business In force at the time the reso-
luton took effect except that which Is
set out in the statement furnished to
the banking and insurance commits
sioner in 1907. According to this state
mei1t. he says there was outstanding
a total insurance of s1.345,053.122. OF
which $40. POI ,172 was under Industrial
policies and st04, 7G1 $50 was under or
binary policies. The non-partieipating
policies amounted TO, s43, 0S4 ,o56. and
participating policies amounted to
1901. 969. 066.
Contrary to the provisions Of the law,
Mr.. Blanchard avert, the company
transferred certain Sums from the ut-
assigned surplus account and appor-
=, ani t,lR ted them to the :
of participating policyholders, and
hat on the basis of previous annual
statements the company's surplus on
December 81. 1907. was s22,0 Tg, 0 $50. He
then sets out in the bill in detail the
resolution adopted by the company on
February 10, 1908, wherein the surplus
then divisable, amounting to ss,016,
1852. was to be apportioned between
the deferred dividend polieyholders
and the stockholders in the following
manner
"The the policyholders, 80 per cent.
to the stockholders. 10 per cent"
The resolution also provided that
1901 ,671.65. apportioned to- the stock
holders; be held and added to the con
tingency surplus of the company, "and
be not paid out to the stockholders In
the form Of dividends or otherwise. ex
cept by the future action of the board
Mr. Blanchard then charges that II
m king the annual statement to tht
Banking and Insurance Department,
the company failed to comply with the
law in continuing to carry in its i'm
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
HURT AS
GAR HITS STEAMER
Captain Van voIkenburg and
Engineer Garrett In Peril
in Crash.

Captain Darcie Van ~volkenburg, OF
Engine Company No. 4. and Frank
Garrett. engineer Of the same company,
had a narrow escape from being killed
last night while riding on the rear Of
the steamer when an east-bou1d trolley
car OF the Orange street line a into
the apparatus at High street. while the
apparatus was responding to ar alarm
Of fire in Garside street. Both men
escaped with slight bruises. but the
steamer was put out of commission by
the collision and the people in the
trolley car were badly shaker up. One
of the rear wheels OF the apparatus
was wrecked and the rubber tire on
the other one vas ripped off.
Captain Van Volkenburg today In
speaking about the accident said that
he was always afraid of such a col
lision. as the majority Of the trolley
cars failed to stop before crossing High
street.
Engine No. 2 had to take the place
Of No. I at the fire, which was a small
blaze at the home of Mrs. William e.
Hayes, 1873 Garside street, caused by
the upsetting of an oil lamp. The dam
age was about 5000
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
LEW|SOHN DEATH
REPORT FALSE
Family in New York Gets Reas.
surfing Cablegram from Emo
land Regarding Auto Fatality

NEW YORK June a5.--A cable mes
sage from Oscar Lewisohn reported last
night to nave been killed in an auto
mobile accident on the European con-
tinent. was received today by Martin
voeef, attorney for the Lewisohn fam
ily here. The eablegram reads. :
Ascot, England.-No foundation In re-
port. Both well. OSCAR"
MIR. yoeel stated that efforts were
being made to locate Jesse Lewisolin.
elder brother of oscars who Is known
to be on the continent.
- ~
Oscar Lewisohn and Edna May, the
former actress. were married on June
4, 1907. Oscar Lewisohn's father made
his fortune In copper. 3
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
HOT WEATHER CLOSES
THE PUBLIC SCHOOLS,

When at about 1890 It Became APP
parent hat the, excessive heat Of the
last few days was on the increase. in
stead OF letting up, Frederick r. Guild,
president Of the Board Of Education,
issued an order for all schools to close
this afternoon. In the case of students
taking examinations, the examinations
VIII be counted as passed. This does not
mean, however. that students with
doubtful records will nass, because the
basis or passing will be on the terms
mark In that cake. In the High Sch d
three hundred pupils taking exafnina-
tions were excused when the order
reached Principal Wayland e. Stearns.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
WHO HAS SUGARMAN'S
NICE BRINDLE BULL?

A pet English bull pup that was
presented to Joseph J. sugarman. man
ager of the furniture house Of Donald
& Co.. Of Market street, by furniture
statesmen at the furniture exposition
in New York, last March, is missing.
The little dog is a brindle. Mr..
Sugarman will give a suitable reward
for the return of his pet. He thinks
may have been stolen from his store.
He values 1t especially because 1t was
a birthday present.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
JERSEYMAN PARBOILED
IN BLAZING OIL.
Perth Amboy Man, Heat Victim,
Fell Into Barrel.

NEW YORK, June 25.-Literaliy
boiled In oil, Joseph Ignacui, 3s years
old, of Leon street, Perth Amboy, was
taken to the Reception Hospital. Coney
Island, in a dying condition today.
1gnacui is a seow trimmer He was
working on the F1annery. belonging to
McKeever, Brothers. Barren Island,
when he was overcome by the heat and
plunged into q barrel of burning oil.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
c. SELDOM WALKER HoNoRED.

c. seldom Walker. Of the firm of
Harrison & Walker, East Orange, aid
member of the Newark Master
Association, was yesterday
vice-president Of the National
Association OF Master Plumbers at the
national convention Of that orsnnisa-
ton in Detroit. r.. j. Sturn, treasurer
Of the Newark association, got the
news by wire today.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
NO NEW wlxrED TRIAL.

Judge Lintott today dismissed a rule
to show cause why a new tpial should
not be granted In the matter of Flor
enee Wixted, by her father, Thomas
Wixted, OF 30 Parkhurst strset. We, the
New York and New Jersey Telephone
Company. on the grounds that the
verdict of $500. rendered in the Second
District Court, On June Is last. was
excessive.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
ROBBED WHILE HE SLEPT.

While Nicholas La vecrhi was asleep
in a room on the first floor Of his house
at 1913 Littleton avenue, between mid.
night and 4 a. m, a thief entered the
room through a side window. Without
disturbing La vecchi, the Visitor
robbed him OF money and jewelry to
the extent of 1913.
The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-06-25
HEAT TAKES OFF nELoRIre SULLIVAN

NEW York, june 2s.-Florence sui
Ivan, cousin or Timothy D. Sullivan,
the big Fellow and formerly a we'll
known Tammany leader, died In his
home last night from heart failure. a g
Rfavated by the heat.
The Winchester news. [volume] (Winchester, Ky.) 1908-19??, 1909-03-22
A MATTER OF ECONOMY.

A plethoric stocking basket is
neyer-ending problem to the small
boys mother, and one which, if the
few appended hints do not solve, at
least may help to simplify. A good
plan to strengthen the knees and
heels of chiIdren's stockings is by
darning them for some distance on
the wrong side before they are worn.
Stockings often go into holes quickly
because they are too small. If they
are too large, they make the feet
TENDER produce corns an draise bis
tiers. Cheap black stockings are
neither safe nor economical. They
are easily worn into holes and the
cheap dye may cause blood poison
ING. Thin places should be darned
with worsted, while hole which
would require hours TO darn in the
usual way may be mended by tack
ing piece Of heavy net across it and
then running threads backward and
forward. 1t saves stockings to wear
them systema tically in turn.
Never wash stockings in soda wa
ter. Use moderately warm water for
both washing and rinsing. Have the
soap dissolved in the water; don't
rub it on the stockings. Rinse in
hard water, dry quickly in the breeze,
and press with a warm iron.
Silk stockings should be washed
in tepid water with a mild soap. Rinse
them III several waters, shake them
well and roll them up in a cloth to
dry. Afterward stretch them in
shape