davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
NEW ORLEANS.

NEW ORLEANS, June 18.-SpOt cotton
Quiet, unchanged; middltng. 14A; sales
on the spot, 100; to arrive. 90.
Cotton futures opened quiet at an ad-
vance of to points. Liverpool cables
and weather map were favorable and
crop reports were more bearlsh than Dull
ish. At the same time. in the early
trading those operators who went heaV-
lily short yesterday were inclined to cover
a part of their line and their purchases
steadied the market.
Around the middle of the morning the
market took on a very steady tone, and
i'm the face of pronounced dullness prices
rose until they were to IL points over
yesterdays close. The indictments
against the bull leaders were freely dis
cussed, but they had no effect on prices
er for all parts of. the cotton belt over
Sunday caused renewed short selling in
a moderate degree and some of the ad-
vance was lost. The market closeu quiet
and steady at net advance of Gas
points.
Cotton futures closed quiet and steady.
Closing bids: June, 14.67; July. 14.S7;
August, 14.17: September, 1890; October,
1884; December. 2.19; January, I'D.
The net results of the week in the cot
ton market are declines of Is to 16 points
on the old crop months and to D points
on the new.
During the early part of the week the
market had no decided tendency. Tues
out a weekly review of conditions over
the cotton country that did not coincide
with the views of the bears at all, and
they started covering. with the result
that prices were forced to the highest
levels of the week, - to Is points over
the closing of last week
The market drifted along without any
material change in prices until Friday,
when the lowest prices of the week were
established on the news of the indictment
of the members of the bull clique in
New York. At this level prices were 40
to ~ points down from the top on the old
On the closing session of the week buy
ers took profits and brought about re-
action.
The crop news of the week was mixed.
MANY sections of the belt reported good
crop progress and during the larger part
of the week the weather was just about
what was desired, warm and dry. Under
these conditions good progress was made
in cleaning the fields of grass and weeds
The earlier sections of Texas reported
some cotton open and promised the first
bales of the season at about the usual
date.
Some complaint of bollweevil was made
i'm sections of Louisiana and Mississippi
but damage from this source was not
serious. chiefly because of the fact that
it is still early in the season.
In the spot market prices lost Is, mid
ding closing at 141s against 10 cents last
week and IL cents this week last year.
Sales on the spot amounted to 2,155 bales
against 400 last week, and 1850 this
week last year; sales to arrive amounted
to 715 bales against 1855 last week, and
!, $50 this week last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
COFFEE MARKET.
NEW YORK, June is.

NEW YORK, June 1s.-The market for
coffee futures opened steady at un-
changed prices to a decline of points
under little scattering liquidation in the
absence OF ready buyers. The cables re-
flected no fresh feature in the general
situation and trading here was quiet with
prices easing a little further in the late
trading, and with the close quiet, net I'M
changed to 10 points lower. Sales were
only 100 bags. Closing bids follow
June and July. 6.4a; August. $50; Sep
TENDER. ego; October and November, 6.65
December. go; January, 6.72: February,
GA, March. 6.T; April. CTS. and May,
679
Havre was unchanged; Hamburg I'M
changed TO 4 lower. Rio 100 refs lower at
Si625 for as. Brazilian exchange. Lied
higher. at 16 9-16d. Santos unchanged
As, 81. 400; Is, $3.50. Receipts at the two
Brazilian ports, 1900 bags, against $4,000
last year; Jundiahy receipts, 1870.
against 11,500. New York warehouse de-
liveries yesterday were 1857 bags,
against 1876 last year.
Spot quiet; Rio No. Z, Sl4 Santos No 4,
sss. Mild quiet; Cordova. 9i4al2A.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
REVENUE CUTTER SERVICE.

The revenue cutter service training ship
Itasca, which sailed from Norfolk June z,
having aboard the classes of cadets from
the service school Of instruction at Arun-
del Cove, near Baltimore, arrived at Pom
ia Delgada, Azore Islands, June 16 All
aboard were reported we'll
The Itasca will remain at Punta Delgada
until Wednesday. when she will sail for
Portland, England, where she is scheduled
to arrive June %.
Three bids were made for the extensive
repairs to the hull and machinery of the
cutter Algonquin. 1t is probable the work
will go to New York firm. The bids.
opened in the office of Senior Capt. w. e.
REYNOLDS, superintendent of construction
and repair, were as follows:
James Shervan & Sons. New York, $37,
91S.
Newport News Shipbuilding and Dry
Kensington Shipyard Company, Phila-
delphia, $44 ,O29.
The award will be made. after the bids
are reviewed at the headquarters of the
service in this city.
The wreck of what is supposed to to
have been the two-masted schooner Ariel.
a menace to the safety Of vessels ap-
preaching the Chesapeake from the north,
has been DESTROYED by the cutter onon;
the spars of the vessel into Hampton
roads. The wreck was found off Cape
Henry and was blown up with gun cotton
bombs.
Philip M. Ljungstedt, formerly a cadet
ice has been commissioned second lieu
tenant in the Coast Artillery Corps. U.
S. A.
Captain of Engineers E. P. Weber, who
was seriously injured by falling down the
companionway of the s. S. Alemada while
en- route from Seattle to Cnalaska, con-
tinues to hold his own and it is hoped that
the accident will not prove so serious as
was at first expected.
The Bear arrived in Nome, Alaska, June
10, breaking the way through the ice
fields for the fleet of ice-bound merchant
vessels. This is the earliest date OF ar
rival at Nome that has been noted In re-
cent years
The Tahoma. in accordance with her or
ders for the present season, has completed
an extensive cruise in the Gulf of Alaska.
among the Shumagin and other outlying
islands along the coast Of southeastern
Alaska, and is now proceeding to Una
laska, where she will join the Boring sea
patrol fleet.
Orders and instructions to officers in
the revenue cutter service have been is
sued as follows:
a general revenue cutter service court is
convened on board the Seneca June 20,
1910, for the trial of First Lieut.. c. F.
Howell. Detail for the court: Capt. P;
First Lieut. H. G. Hamlet. Second Lieu
tenant of Engineers w. c. Maglathlin is
designated as official prosecutor.
First Lieut.. E. L. Brockway, granted
fifteen days extension of leave.
Third Lieut.. w. ]. Keester, detached
from the Seminole and ordered to the
PamlicO.
Second Lieut. James Pine. granted
twelve days' leave on route to the Thetis.
Second Lieut.. J. F. McCourty, granted
thirty days leave, commencing July Z.
Second Lieut.. w. F. Towle. granted two
days leave Of absence.
Capt. ]. l.. Bill, granted thirty days
leave commencing July =.
= First Lieut.. E. E. Mead, granted thirty
days extension of leave.
Capt S. NJ. Landrey, granted ten days
extension of sick leave.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
FRUIT MARKET.

NEW YORK. June 1S.-Evaporated
apples are quiet and prices are steady.
On the spot fancy is quoted at lola
1914; choice, saSi2: prime, Ia7h.; common
10 fair. 6a6ls. Prunes are in moderate
demand. and prices are steady, with
small offerings. Quotations range from
.ia?8 for Californidns UP To 3O40s and
4a34 for Oregons. Apricots are quiet
and prices are easy; choice, 10a10i.
extra choice, 10I.a11; fancy, 1024a11h
Peaches are barely steady, with consid-
cradle pressure to sell: choice. 6l2a6a.
extra choice. 1aI14; fancy. 7AaTk. Raj
sins are quiet and unchanged; loose
muscateis are quoted at 33sa5%4; choice
TO fancy seeded, 4Aa6s4: seeded, 3Aa41a
London layers. 1.20a1.25.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
LIGHTSHIPS SHIFTED.
No. II Relieves No. ~ at Diamond
Shoals Station.

Lightship No. II, which was at the
Norfolk navy yard for several weeks I'M
dergoing extensive repairs to fit her for
service on the turbulent Diamond Shoals
station, on the coast of North Carolina
has relieved lightship No. ~ In the sta
ton.
No. ~, under the command of Capt.
Jacobsen, will go to the lighthouse serv-
ice station at Portsmouth, Va, for minor
repairs and to take on supplies. and will
then go to the Cape Lookout station, on
the coast of North Carolina, to relieve
lightship No. 50 for few weeks. No.
SO is to receive an overhauling before re-
turning to duty on her station.
No. II will remain on the Diamond
shoal until about the latter part of Sep
TENDER. when she will again be relieved
by No: ~. SO that her crew can have d
rest ashore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
FOR DISTILLING APPARATUS.
Contract to Place It on Lightships
Is Awarded.

The contract for the installation of
modern distilling and evaporating appa-
ratus aboard the Diamond Shoa1 light
ships Nos. Il and 70, and the Cape
Lookout light vessel, No. so. has been
awarded by the lighthouse service au-
thorities to Griscom-Spencer Company OF
New York. on a bid Of $1,915 each.
Heretofore 1t has been the custom to
fill the tanks of the ship with fresh water
before she left for the station. After
months stay the water often became
unpalatable and endangered the health
of the men on the ships. TO avoid this
danger the fresh water apparatus Is to be
installed on the ships. and with them
sweet fresh water can be made daily.
The juniper logs from which the buoys
that will be used in the fifth district
will be made will be furnished by Jor-
dan Brothers Lumber Company OF Nor
folk, contract for $50 of the logs hav-
ing been awarded them by the light
house authorities. The price to be paid
for the logs is ~, 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
TO STUDY THUNDERSTORMS.
Recent Establishment of an 0bser
vatory In Spain.

Gently been established in Spain. By
means of a wireless telegraph instru-
ment the electromagnetic waves set up
by lightning discharges are detected
graphically and acoustically. the changes
I'm the intensity and the distinctness of
the sounds produced i'm the receiver Civ
ing the observer a clue to the probable
path of the storm and the rate OF lis
movement.
After a sufficient amount of d. has
been obtained at this thunderstorm OBJ
servatory scientists are expecting that
accurate forecasts Of storms will be pos
sible.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Dry Goods Market.

NEW YORK, June 1S.-The feature of
the cotton goods market for the week was
an announcement that Fruit of the Loom
sheetings were reduced from 9b cents to
S1a cents for stock goods. and placed at
value, to. be followed July i by an adj
vance to 50 cents, which latter price is
to be guaranteed till October /. This ac-
ton is the most unusual ever taken on
these staple lines and is done for the
purpose of stimulating distribution and
encouraging mills to keep in operation.
Other lines of cotton goods are holding
fairly steady and demaid quiet. Raw
silk is advancing in foreign markets. Fine
and fancy cottons for spring 1911 Will
he opened during the coming week at
substantially the prices of last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
NEW YORK CATTLE.

NEW YORK, June 1S.-Beeves-Re-
ceipts. $50 head; nothing doing in live
cattle; feeling steady. Dressed beef slow.
Exports, 1876 quarters of beef.
Calves-Receipts, 30 head. nothing
doing; feeling weak. Dressed calves. slow
and week; city dressed veals. 121a to To-;
country dressed calves. 8 to ID.
Sheep and lambs-Receipts. 1909 head
market lower. Sheep. 4 to D: lambs, $50
to $50; two cars early at $40 to SIS;
culls, $50 to $50; yearlings. $50.
: Hogs-Receipts. 2,235 head; nominally
weak.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Manchester Cloth Market.

MANCHESTER. June 1S.-During the
week the business in the cloth market
was most unsatisfactory. and was COM
American and Mediterranean markets
only. Shippers for India and China
held off. expecting a decline in raw
cotton in view of the favorable crop
outlook.
Yarns were quiet and irregular. Spin
ners' margins are decreasing. and the
-,tnut is being restricted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19

Many parents and friends gathered at
Fort Slocum School Friday to express
their appreciation of their children's
progress during the year closing. After
recitations and songs by the pupils, and
an address by the principal. the parents
reviewed samples of the years work, in
Guiding basketry. sewing, map drawing
and gardening. A vote of thanks was ex-
tended the board of education, Supt.
Bruce and Miss NJ. p. Shadd, supervisor.
eleventh division, for their couFtesies and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
BEARS LED TO TRAP.
viii Be Caught Short When
+ Bull Movement Begins.
GAME is AN ANCIENT ONE
Public Not Wanted at Early Stages
of the Campaign.
TOO CHEAP FOR OUTSIDERS
Only Big Men of Street Are Sup
posed to Buy Stocks at Pres
emit Low Prices.
GAME is AN ANCIENT ONE
TOO CHEAP FOR OUTSIDERS
Special Correspondence Of The Star.

Special Correspondence Of The Star.
NEW YORK, June 1S.-The market
manipulation of the past week has been
Tor the encouragement of short selling.
The great powers are jockeying prices
so that there may be the largest pos
s1ble short interest when everything is
In readiness for the programmed bull
campaign. The market is always harder
to lift in the earlier stages of bull
movement than after it has gained
Roadway. and a big short interest sup
plies powerful leverage with a
minimum outlay of bullish energy.
|. In laying the foundation for bull
play the builders do not want over
much company" On the contrary. the
less society the better they are pleased.
Their aim is to discourage bull senti-
that is bought by the public at the
start-off the greater the dead weight,
when every pound counts. After mar
points, or such a matter, the public
sits up and takes notice Then specu-
lative buying orders begin to pour into
the commission houses, and the market
livenS up.
That is to the entire liking of the
big manipulators. Not until they be-
gin to think about unloading the stocks
bought when everybody was selling, and
the situation looked it's gloomiest, do
company. That is because they will
presently need a market broad enough
to enable them to float out and corral
the profits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
DUN'S TRADE REVIEW
LOSS IN BANK CLEARINGS ONE
OF WEEKS FEATURES.
Unreasonable Weather Conditions
Cause of Complaint in
Some Sections.

NEW YORK. June 1S.-Duns Review
today says:
Bank exchanges this week at all leading
cities of the United States aggregate ST.
I'll ,O32,914. loss of 14.2 per cent as COM
pared with the same week last year, but
a gain of ID per cent in comparison with
1906. The large decrease compared with
a year ago is entirely due to much small
err clearings at New York city, as gen.
orally prosperous conditions at cities out
side that center are reflected in much
larger returns at almost every point. Chi
cago and Cincinnati being the only ex-
ceptiOnS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
These Cities Show Increases.

At Philadelphia. Pittsburg, Baltimore
Cleveland, st. Louis, Kansas City and
some other points there are very salts
factory increases. Compared with 1905
there are marked gains at numerous
points in the west.
Dispatches to Dun's Review indicate
quiet conditions at distributing points in
the east. but in the west excellent crop
prospects encourage good fall commit
ments. Business at Philadelphia has been
retarded by the weather, dry goods\mov-
ing slowly and the principal textile manu-
featuring lines are very quiet There is
some improvement, however, in millinery,
and the iron market shows some strength.
Weather conditions interfere to some eX-
tent with the movement of seasonable
merchandise at Pittsburg, but a fair vol.
ume of business is being transacted
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Washington Stock Exchange.

Sales.-Regular call. IL O'Clock noon-Washing-
ton Gas cert, $500 100.
Washington Rwy. and Elec. conn., 10 at 30
Washington Gas, $50 at IS tbuyer 60,, at
11ss. % at 71l9. % at 71A.
Mergenthaler Linotype. :: at 21Sll, 10 at 21S12
at 21Sb.
Lanston rights, . at So.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
RIVER CRAFT REPAIRED.
Power Launches Put Overheard
Ready for Summer Service.

E. A. Bryant of this city,. which was
out on the marine railway at Regan's
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Unreasonable Weather Hurts.

General unsatisfa Glory conditions pre-
vail at Baltimore, mostly on account Of
Indictment weather, but improvement is
expected with the advent of higher tenn
perature.
There is a better feeling at Louisville,
owing to improved weather, and orders
show satisfactory increase over the
previous week Trade at New Orleans Is
normal. seasonable weather creating de-
mand for summer merchandise, and the
improved agricultural outlook stimulates
the movement of staples.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Railroads Must Seem Poor.

One argument heard against the theory
of a bull market for stocks is that the
railroads will feel under the necessity OF
impressing the interstate commerce COM
mission with their desperate poverty
under the torture of the high cost of
living" and that speculative enthusiasm
for the rise would be fatally inconsistent
with that pose. There is plausibility to
this plan, and it fmpresses many people
who are trying to peer into the future.
The return Of Mr.. Morgan is expected
to have q stimulating market influence.
though why his personal presence on
Manhattan Island should have any such
effect is not clear. During his entire stay
abroad he has never been out of touch
with the New York tSOck Exchange, and
even on shipboard the wireless could
connect with him any hour of the day or
night.
It is about time to hear about buying
stocks ION scenery just as they sell
grain and cotton. June and July are the
great growing months, and farm scenery
is certainly impressive.
The international trade balance is be-
ginning to run stronger our way. For
the fiscal year ending June 30 the bal
ance will be about $2O0,OO0,OOO or more
than double that last year. on total
business OF quite $1,000. 100000 We may
not be exporting as many commodities
as We would like. but Wall street is try
ing to make up for the deficiency by gen.
erous sale of bonds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19

Arrivals.

Consolidation Coal Company barge No.
8, light, from Boston for Georgetown to
load coal for New England port
schooner Leroy, cord wood from a Poto-
mac point to the dealers here: steamer
Daniel X. Jackson, lumber from Potomac
creek. at the X street wharf; scow Dam
iel. light. at Alexandria, from river
point to load; schooner Abigale Chris
tan, light, at Alexandria to load ice for
a river point; schooner Abbie Davis, OF
Alexandria with pleasure party aboard
from New York; barge j. L. Hooper, at
Georgetown with stone from New York;
tug Camilla, with a tow from down.
river point: power soop Daisy, at Alex
andria to load merchandise for Farming
ton, Md.
Departures.
United States engineers tug, General
Warren, on cruise down the Potomac:
schooner Silver Star, light, for Potomac
point to load back to this city; barge
Shenandoah, light, for West Point to load
lumber for Baltimore; barges Severn and
Nanjamory. light. for the Rappahannock
river to load railway ties for Phlladel-
phia; tug Fortuna with tow or hgnt
barges for Chesapeake bay points; tug
James 0. Carter with tow for down
river point; schooner Oakland, light, for
river point to load cord wood back
to this city, tug waiter r Medue Will
a tow of lighters for a down-river point;
schooner yacht Grayling, II. X. Bliss
owner, on a cruise over Sunday on the
Potomac.
Memoranda.
Barge Potomac has sailed from Guam
tico with railway ties for dealers at
Philadelphia; barge Arundel is chartered
by Clark & Son to load railway ties at
Reedville, Va, for Philadelphia; G. c. Co.
barge No IS is lying loaded at George
town awaiting orders; barges. Patapsco
and Mary McNally have arrived light
at Baltimore for this city; schooner Earl
P. Mason has been chartered to load
railway ties at Alexandria for New York:
schooner Harold Cousins has arrived at
Somerset Beach from this city to load
railway ties for New York; schooner
John KeIso has arrived at Baltimore with
lumber from the Potomac river; schooner
Earl Biscoe at Baltimore, will return to
the Potomac to load lumber for this city;
barges Potomac and Wicomico have ar
rived at Chesapeake City from this port
en- route to Philadelphia; schooner j. 2.
Robinson has sailed from Upper Macho-
doc creek for this port.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-19
Return of Roosevelt Causes a
Suspension of Trading.
EAGER AS TO HIS PLANS
Traders Wonder as to Problems He
Will Help Solve.
HAWLEY STOCKS ARE WEAK
Declines in These Issues About the
Only Feature of Monoto-
nous Day.

NEW YORK, June 1S-There was no
stock market 10 speak of day, atten-
ton being distracted by the ceremonies
incident to the welcome of ex-President
Roosevelt. Aside from the interruption
occasioned by the festivities, the stock
market element feels a keen interest in
tae direction to be taken by the EXPIRES
ident's activities on home soil indicated
by his assurance that Il am ready and
eager to. do my part far as l am
able in helping solve problems" AS the
reception parade moved up Broadway
prices rose to substantial average frac-
ton over last night.
A feature of the days market was
the weakness of the Hawley railroad
stocks. The recent severe decline in
Chicago and Alton, which served to
foster doubts of the maintenance of its
dividend, has affected the Toledo, ST
Louis and Western stocks. because that
road owns control of the other. The
weakness was communicated to CheSa-
peake and Ohio today, although the only
connection between the two groups is
the common control by Edwin Hawley
OF the various properties
London Discount Falls.
There was a downward tendency in the
discount market in London where an in
stallment of treasury bills fell due today.
the first of a series which will serve by
their payment to release the government
funds congested in the Bank of England
by the belated collection of a years
taxes.
A period OF extreme ease in the Lon
don money market is looked forward to
cOY1S
market in New York, for the present,
continues firm. owing to remittances go
ing forward to meet July 1 obligations
on account of dividend and interest dis
bursements
The American Railway Association re-
ported an increase in freight car surplus
Iii the two weeks to June g. which
brought the net surplus up again to
above the figure of a month before. Lat
est hgures of railroad gross earnings COM
tinue to show the ratio of increase over
last year maintained.
Gross Earnings Increased.
The compilation of the Financial
Chronicle of April earnings, as reported
to the interstate commerce commission,
shows an increase in gross over last
year of IA per cent, or s27, 164 900, fol-
lowing that years gain over 1905 of
$21, 921. e9o, the last named, however
showing shrinkage of $4,000, 900 from
the 1907 total. The April net earnings
this year are but $3,51S,54S OF 5.S1 per
cent over last year, the increase in
operating cost here coming into play,
but last years April net was S11,593,097
greater than in 1908, while that years
showing fell s16.00o,000 below the pros
porous 1907 period.
The bank statement showed all the
expected gain in cash, but the loan ex-
pansion must be due to other than
stock market causes, and probably has
TO do with the large dividend payments
OF the week.
Bonds were steady. Total sales, par
value, $4,000. United States bonds
are unchanged on call from last week.