davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
The World cf Finance and Trade
Washington; New York; London.
COTTON MARKETS.
NEW YORK.

NEW YORK, August Elm response
to frmer cables than expected, strong
upturn in August, and less aggressive
operations by bear traders, the cotton
market Saturday had better under
tone all day and closed steady, at to
- points net advance. The market open
ed steady, with August ID points higher
and later positions 4 to 9 points higher,
rejecting the Liverpool market, winch
was about 6 points better than due on
new crops, with sales of 10000 bales ana
spot Ii points higher. his strength
abroad was largely due to contlnental
buying, the large spot business ana Gov
ering of shorts. Upward of 1000 bales
were shipped out of the local stock Fri
day for bremen and Liverpool, while g.
600 more left Saturday by French
boat The situation in August was rem
dered acute by the very small offerings
from southern bulls, who seemed to be
about the only people who had the cur
rent month for sale.
1t was bid up by shorts to 15.SS at one
time, or % points net higher, and within
Il points of the highest price of the year
AS to southwest weather conditions there
was little important change. Oklahoma
undoubtedly has had good rains, greatly
benefiting the crop On the other hand,
partly responsible for the late firmness
here in new crop positions, that the Texas
rainfall was only scattered and entirely
too light to materially improve crop pros
poets. AS showers were promised for
over Sunday, however, outside business
seemed to be a little more optimistic, as
the weak long interest is believed to have
been pretty we'll eliminated by the de-
cline of the last few days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
DRY GOODS MARKET.

NEW YORK, August 6-The market
for cotton goods held steady for the day.
Linens are firm. Burlaps are still easy.
Fine and fancy cottons for late delivery
were in better call. Yarns are steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Where It Got Of.
From Puck.

From Puck.
Englishman--HoW does our venerable
tower impress you, SIT!
New Yorker (disdainfully) - Tower?
Why. say, it isn't a chimney to the
metropolitan tower IN my town!
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Have Been Nursing Crouch.

The strongest men in the street have
been grouchy and they have been at no
pains to conceal the fact from the world
at large. They were dissatisfied with
political conditions and with the drift of
court decisions affecting corporation mat
ters and antitrust laws. To make
their attitude plain and to convey to the
public an idea of what it meant to an
tagonize them market values were sacri-
feed to the extent Of thousands of mil
lions of dollars in the aggregate. The
demonstration in Wall street shook con-
f1dence and contributed in a highly i'm
portant degree to the industrial and
trade reaction from which the country
had been suffering and under which it is
still suffering. Whether or not they are
yet ready to change their frown into a
permanent smile is one of the questions
upon which the trading public Is earnest
ly debating.
There are many reasons for believing
that the great money combinations Of
Wall street are changing front and that
they have been accommodating stocks for
some time past so as to be in a position
to make a huge killing in a bull cam
paign Of greater or less duration. The
cards seem to be stacked for that sort
CT a movement and the word may be
given any day. Stocks have been passing
from weak into strong hands all through
the month of July and thus far In the
month of August
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Expect to Make Market,

Upon that point there is no ground for
controversy. These great interests do not
buy millions of shares of stock to paper
the walls with or to lie dormant in the
vaults. They buy them with the expecta-
ton Of making market for them at
higher prices. AS means to that end it
will be necessary to definitely check dis
hope and faith. Apparently they are not
yet quite ready to move. They seemingly
have not secured as large lines as they
would like.
Hence it is that the financial reporters
in and about Wall street still find it very
easy to get bear news. Avenues Of in
formation accessible to inquiring members
of the press continue to pour out gloomy
stuff, but it Is noted by market observers
that this somber talk is not followed by
the selling of stocks in influential quar-
ters The effort at present is to talk the
market down, or at least talk it into q
state of heaviness and apathy without
losing stocks. That Is according to the
time-honored custom in Wall street just
prior to the launching of bull cam
paign of consequence. After the panic Of
1907 the public got in ahead of most Of
the big insiders and professional manipu-
lators and under the lead Of Mr. Harri-
man made a great deal Of money. Mr..
Hartman Is dead and that mistake is not
likely to be repeated. On this occasion
the insiders have their grip on the situa-
ton and the public will be permitted to
take hold when prices are 10 to 90 points
higher.
Friends Turned Him Down.
The only additional development Of in
terest in connection with the Pearson
Farquhar syndicate collapse is found in
some of the details being quietly told in
the offices. 1t would appear that in sew
eral cases the men who persuaded the
managers of the syndicate to take on big
INES or stock In the several railroads that
struck their fancy kindly helped the buy
ers TO place their loans. 1t was made
very easy for them In this way to over
load themselves with stocks. They were
deceived by this into thinking that their
pathway would always be strewn with
roses. Unfortunately they neglected to
make provision for renewals and when
the time came to secure extensions on
loans not only did the banks set cold feet,
but the gentlemen who had been infiuen-
tial In making the first arrangements
were either out of the country or indif-
ferent.
1t is related that Farquhar went abroad
10 enlist the help Of very dear friend
who had sold him an immense block Of
stock and found IL impossible to SO much
as secure an interview, although they
had been as close as brot--ers for months.
To demand for an interview the reply
was sent back in language something like
this: Tell the gentleman I came to
Europe for rest and that I do not care
to discuss business matters" The next
day Farquhar cabled instructions to New
York to transfer his interest to the
Kuhn. Loeb syndicate and its allies.
Didn't Work With Gates.
The friendly ovarloadinr Of snaoulators
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
The Secret Discovered.

From the Lustige Batter.
Town Child-What's that, father?
Father-A windmill.
Child-Where they start tho winds,
suppose?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Financial Investments,

You can invest from Slo To- 81 900 per month
on monthly payment plan so as TO yield YOU
I; per cent interest without risk. Descriptive
circular ON application T.. +. kIRWAN 4 CO.
RaItinnre Md.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
WEEKS RANGE OF PRICES
Corrected to the Close of Business August at
theNew York Stock Exchange.
Railway and Miscellaneous Shares.


the
Exchau
nd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07

If you want work read the want COL
umns Of The Star.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Talk of Strong Backing.

Great pains have been taken to make
it appear that the Hawley position is
impregnable and that he is a very rich
man with financial backing of the strong
est sort. The names of Mrs Coils p.
Huntington, j. P. Morgan Co. and
Kuhn, Loeb & Co. were specifically men
toned as being of the Hawley party.
Wall street gossip has been very free
with the use OF Mr.. Hawley's name dur
ing the last three months. and he has
been mentioned as one Of the parties
the big banking combinations might have
been cunning for. 1t now appears that
this all a mistake. which may or
may not be impartial confirmation of the
theory held in some quarters that Haw-
ley and his more intimate associates sold
theirs al top prices early last spring. This
theory would be further supported by the
frequent announcements OF cuts in di-
vidends of the minor Hawley companies.
However, the inside will probably never
be fully known, at least not from the
Hawley publicity bureau, which at times
is quite energetic.
Commission houses are still complaining
that there is no public in the stock mar
ket, and they are wondering why it is.
They do not have to go further than to
look right around home for the cause.
The public and large outside capitalists
have been ruthlessly manhandled during
the last eight or nine months. The atti-
tude of the controlling powers of Wall
street has been either openly hostile to
the market or covertly SO all through
the long decline
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Traders Show Disposition to
Wait on Developments.
OFFERINGS ARE NOT HEAVY
Prices Hold Firm, Therefore, De.
spite the Light Demand.
TAKING GOLD FROM LONDON
New York Expected to Get Supply
Coming From South Africa.
Banks Stronger.

NEW YORK. August 6.-Nothing OF i'm
portance occurred in the stock market
today. Speculation halted to await
events. Expectation of a strong bank
return to be published after the close OF
the market, and belief that the govern
ment report on condition OF the grain
crop to be published Monday would prove
favorable, strengthened the tone of the
market.
The demand was cautious and very
meager but supplies of stocks for sale
were lacking. and prices were easily af
fected by very light transactions. Anal
gamated Copper was influenced to some
extent by the cheerful views Of the trade
outlook expressed by the head of the
company.
y denial from the president OF the
United States Steel Corporation of yester
days report that the price of steel rails
had been cut seemed TO harden the price
Of the shares.
Commercial Reviews Conservative.
The conservative tone of the commercial
reviews and reports of further severe
curtailment of cotton goods production
had restraining effect on demand for
stocks. The small demand for CONNER
cial paper by the New York banks and
the scanty offerings of funds for time
loans, in spite of the surface redundance
of money supplies, does not escape no.
tice, and is taken TO reflect the anXieties
over the fall money markets.
Foreign exchange rates rose again to-
day. but the London supply of South At
rican gold arrivals is expected to be TAX
en- by New York Monday. A coming offer
of British treasury bills is affecting the
London money market. although it is be-
Neved the attractive interest rates
prompted the Offering as much as treas
ury needs. the government deposits in
the Bank of England still standing at a
very high figure.
Reclamation Bonds a Factor.
Intimations from Washington that the
S2O.0OO.OOO. of government bonds for rec
l8mation purposes might be offered in
October made new factor for consider
of1on in the money market.
The bank statement showed that the
weeks private settlements of distressed
stock market accounts had affected loans
N liquidation elsewhere than with the
clearing house banks. that item in the
statement of actual conditions showing
IN expansion of $12,551, 800. The influx
Of cash having more than kept pace.
there resulted an addition to the actual
surplus OF 1913 200, bringing that item up
to the extraordinary figure of So, 10000.
The actual cash reserve now stands at
DIS per cent of the deposit liabilities.
Bonds were steady. Total sales, par
value, $3S2 600
United States bonds were unchanged
ON call for the last week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
FRIENDS AT BUYING time
Helped Pearson-Farquhar People
Load Up With Stocks.
CHILLY IN TINE OF NEED
Big Financial insiders Were Not So
Friendly to Syndicate When Loans
Had to Be Extended
Bv w. G, Nicholas,
LOO Of Tho Star

Special Correspondence of The Star
NEW YORK, August 6, 1910.
A few more cripples were killed and
laid away, but otherwise the stock mar
ket has been comparatively free from
startling sensations this week. After such
a slaughter Of the innocents as attended
the removal of the Pearson-Farquhar
syndicate it was only to be expected that
there would be other casualties of lmpor-
lance.
The one which has made the most talk
during the last few days was the quiet
elimination of two members of the So
called Hawley syndicate, group of
capitalists who were identified with that
magnate In some of his ambitious plans
for the taking over of railroads and the
organization of one or more large sys-
TENS, the most important of which was
the creation of a trunk line between Chi
cago and Newport News. together with
branches and collateral lines 1t does
not appear that Mr.. Hawley's plans are
seriously jeopardized on account of the
falling by the wayside of some of his
speculative side-partners. At least the
inspired word that goes to the various
Wall street news agencies is to that ef-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-08-07
Didn't Work With Gates.

The friendly overlooking Of speoul.tors
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Could Not Deny IL.

81 will ask you" said the lawyer.
who was trying to throw doubts on the
testimony of witness, 'if you have
ever been indicted for any ohense
against the law"
81 never have. sir"
"Have you ever been arrested on a
charge of any kind?'
"Never."
"Well. have you ever been suspected
Of committing crime?"
I'D rather not answer that CUES
ton"
"Ha. You would rather not.
thought so. I insist upon your answer.
ing 1T. Have you ever been suspected
OF crime?"
Eyes. sir; often. Every time come
home from a trip abroad the customs
inspectors at New York city suspect
me of being a smuggier. "-Chicago
Tribune.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
shs,couIdn't Fool Him.

"You have a splendid figure" said
the tabor. II shall have no trouble IN
giving you an excellent Ct"
Feellng.fairly well satisfied. the man
went to shoe store.
'Your feet are splendidly shaped and
rather small for n man OF your size.
too" said the clerk. These shoes ara
lust what you ought to have"
He took them and bought a hat at
the hatter's. where he was told that he
had such n finely shaped head and
such splendid features that the hat
which he tried on first was jyst what
he needed to make him look his best
Then be passed into large depart
ment store and. finding the glove coun-
ter. sat down where a pretty young
womau was waiting TO serve him.
"Just place your elbow on the coun-
ter. please" she said. What finely
shaped hand you have. Let me-
"Waitr' he commanded. by George.
YOU can't put that over on me! I used
to be the catcher on a baseball team"
Buffalo News.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Tn. Hi.sorioIci.y of Delhi.

Delhi is the most historic city In all
India. It may not be the oldest. al
though II lays claim 10 "A respectable
middle age. dating from 1900 b. Q. At
that time the master OF Delhi called
himself emperor Of all the world. and
enperors, ut least OF India, have ruled
there almost ever since. OLD Delhi.
without the,walls. is a city Of plctur-
eslue ruins. Imperial Delhi. the mod
ern city. was created by Shah Jehan.
contemporary OF Queen Elizabeth.
From the date OF the first Moham-
medan incursioi. \. ID. I15, perpetual
warfare ragged round Delhi until at
length she yielded 10 the irresistible
power OF the Noguls. The city was al
ternateiys Malammedan and Hindu
during arreat many years aud finally.
in 1893. wasGnade British by General
Lake. Delhrihas the finest and largest
mosque In India. IL took 5000 men six
wears 10 buisd it. The noble tomb or
the Emperor Humayan marks the
change of creed which followed the
Moslem invasion. while the observa-
tory of Jai Singh and the deserted hall
Of the severity columns recall the short
triumph of Brahmanism.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Thu Qexil of the Desert.

It is not generally known how devil
rides a camel. but Mr.. Hans Vicher ac-
quired the information and imparts 1t
in his volume. Through the Sahara"
One night camel suddenly ran amuck.
Other camels followed suit and a gen
erai panic ensued. The frightened
yells OF my escort told me that a ghool.
a wicked demon OF the desert. had
seized the camel. was told how these
evil spirits sometimes took a fancy to
mount camel; the camel would then
look to see who was digging 1t In the
ribs, and, perceiving no one. fear would
grip its heart. for then 1t knew that
the devil was on its back"
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
How Plants Remain Upright.

II a iowerpot Is Isir on its side the
stalk Of the plant growing IN It grad
uaIiy curves upward Until IL resumes
the vertical POSITION This Is called
geo;ropic curvature. and the question
IS by what means ;be plant Is stimu-
lated to change its direction of growth.
One theory AYERS that movable starch
grains In the plant cells fail to the low
CT side as the position Is changed and
By their pressure influence the mech
anIsm Of growth
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
MaIIsaS,s eI.s. of tn. Egyptians.

Strabo and Josephus both affirm that
the Egyptian glass workers were 20
well skilled in their art that they imi-
tated the amethyst and other precious
stones to perfection. Malleable glass
vas one Of the secret arts Of the an
clients. the formula for making It being
now reckoned as lost Strabo men
tons a cup Of glass which could be
hammered into any desired shape. the
material Of which It was composed be-
ing as ductiie as lead.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Chicago Grain Market.

CHICAGO, ILL, Nov. 5.-lmportant
purchases by the influential interests
that have been on the buying side
most of the week forced wheat higher
today. The close was at a net advance
of hassc to %aic. II was generally
believed tonight that the greatest part
OF the local short lines, big and little
had been covered. Corn at the finish
showed a decline of ha3sc to a shade
higher, and provisions were the same
as last night to an additional cost OF
.37bc.
Cash quotations were as follows:
Omen High. Low. Close
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Treasury Statement.


WASHINGTON, Nov. 5.-The condi-
ton of the treasury at the beginning
of business today was as follows:
Trust Funds.
Gold coin. $90.636.s69.
Silver dollars, s4s7.072,0OO.
Silver dollars Of 1890, s3.516sOO0.
Silver certificates outstanding, $751;
072,0v
General Fund
standard silver dollars in general
fund, $3.50. SO.
Current liabilities, s116.061, 703. =
Working balance in treasury ofices,
$50 ese,170.
In banks to credit OF treasurer OF
the United states. s35. 1857.
Subsidiary silver coin, s16,623,2s1-
Miner coin. Sss2.129-
Total balance in general fund, Sso,-
697 .33e.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
REFLECTIONS OF a BACHELOR.

Mod I'm improvements mostly elm.
mate oId-fashioned COMFORTS.
A man can get a sselled head just
by thinking how he hasn't one
There is only one long road IN
heaven; there are lots Of short cuts
TO the other place.
A mans sister has TO be ffty times
as pretty as 40 other girl for him
To realize II.
Maybe people keep up going on ex'
cirsions because they think n they
stick to u long enough some day they
may have a good time.
New York Press.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
New York Cotton Market.
New York Money Market.

NEW YORK. Nov. 5.-Money on
call nominal Time loans strong and
active; so days and 80 days, 5a5A
per cent: six months, 4Aa5. Close:
Prime mercantile paper, 5laa6 per
cent. Sterling exchange weak. with
actual business in bankers bills at
4S1ha4S2 for 60-day bills and at
4s5.7O for demand. Commercial bills,
4S1 ha4s1k. Bar silver, Sc. Mexican
dollars. Al Government bonds
steady. Railroad bonds steady.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06

nearly scvcnteen years. win devote
hrs entire time IN the new publica-
ton.
The psrpnsc II the Newsletter.
according 20 Mr.. Birmingham. Win BE-
fhreofold. FIRST. to condcnsc he
news ~ The world Tor The benefit Of
the busy man of sfrairs. SWING the
latest news Of importance ap 70 the
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06

The Ncws-Ieiicr. = rcw daily news
paper N original lines. viii make ~
aprsrarcc IN iris city ABOUT Dcccm-
bcr !. " present pian- are carried out
Tho paper viii BE- on the streets every
Afternoon A. 3 30 O'Clock.
Ernesi p. Birmingham. editor and
publisher OF the Fourth Estate for
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06

Pretty Girl do Charles. Der bctroth-
Charley. how far Is II around the
world? Isn't 81 2i.ooC'-
Charles fputting both arms around
hcD-Thaf-s all n mistake. love II Is
only about twcnty-four inches"
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06

hour 81 publication; second. 70 publish
the editorial opinions o. the ieadicF
newspapers and standard periodicals.
on all important qucsiicus. without
editorial comment Of Us own. and.
third. to devote much space u ART
iiteratsrc. music. the drama, edacs,
fion. religion. civic and economic
ouestioas.--New Y0fk Tribune
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
LOCAL OPTION FIGHT ON,
LynchbUre Prepares TO Vote on the
Liquor Question.

LYNCHBUFC. Nov. 2-The fact
that a petition asking for local %.
tion election Is about to be presented
20 the Corporation Court has already
stirred both the vets" and "drys
into great activity and no; campaign
seems certain.
The AnifSaioon League has called
for a fun meeting Of the member hip
Friday right. and the vets" are send.
ing out q circular signed by members
If me Lynchbsrg License League, ask
ing for contributions
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-06
Contest is Renewed for Higher
Range in Stocks.
CLOSE OF MARKET Is EASY
Reactionary Tendency Is Checked by
the Statement Of New York Central
President, contradictIng the Rumor
Relative to Sale, Of Note Issue.

NEW YORK, Nov. 0.-Ihe speculd-
tive force in the stock market re-
newed the contest today for higher
range of prices. The reactionary ten
dency which developed late yesterday
was checked by the authoritative
statement from President Brown. of
the New York Central, contradictins
the rumor that a sale of large short
term ncte issue OF that company was
in contemplation.
That rumor was largely responsible
for the sharp relapse in prices which
occurred yesterday. President Browns
explicit assertion that the Sl0,000.OOO
Michigan Central note issue, placed
in Paris, had cost that company but
Az per cent. net. served to correct re-
ports OF an enormous interest rate
which had been expected for that
financing
Relieved OF this depressing inhi-
ence, the speculation again set about
discounting the favorable conditions
expected 10 follow the passing OF the
elections. The tone OF mercantile re-
views fostered the impression that
business activities were waiting for
relief from the unset lement of pOliti-
cal unrest in common with financial
markets The call money market on
Saturday at the stock exchange is
merely nominal, as loans made on
Friday carry over until Monday. The
tone of the time loan market was
called decidedly strong and more ac-
tive.
The foreign exchange market weak
ened sharply and this was believed to
reflect the negotiations of additions
bankers finance bill in the Paris and
London markets.
The cash holdings of the banks de-
creased here more than s6,50O,0OO. in
stead of the estimated 100000. The
actual surplus is reduced to s5.729,oVo
and the excess of loans over deposits
is again broadened.
The stock market closed easy I'M
der the influence of profit taking
sales.
Bonds were steady. Total sales, par
value, sI,097 900. United States bonds
unchanged on call from last week.
Total sales, 279,300 shares. inciud-
ing: American Tobacco pfd.. 20O0;
Chesapeake & Ohio, 1900; Louisville
e Nashville, 700; Reading, 1880;
Southern Pacific, 1900; Southern.
100: Southern pfd-, 300; Union Pa
cific, $1,000; virginia-Carolina Chemi-
cal 500