davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
WALL STREET NEWS.
Reassuring Reports Help-a
Eluggish4Market.
GOLD IMPORTS ARE $lz5O,OOO
Confirmation OF Wednesdays RumoE
and Announcement OF Chicago,
Milwaukee and 81. Paul, Common
Dividend of sI-2 Per Cent Are
Features Of the Day.

New York. July 7.-There were two
important events In tie financial news.
one, the confirmation OF yesterdays
rumors regarding gold imports and the
other, the announcement,that the regular
semi-annual dividend Of sl-2 per cent.
had been declared upon the Chicago
Milwaukee and St Paul common stock.
The gold taken for import amounted to.
81. 10000. and 1t was understood that this
would probably be augmented BY small
additional remittance. The transaction.
was admittedly Of special character.
and many experts in the sterling ex-
change business professed 70 be unable
10 understand how it could be conducted
with profit. There is. however, no sub
stantiaI reason for thinking that the OPP
GRAFTON was not negotiated, and on an
ordinary business basis. IF the profit in
il We small and accrued, as the result
of peculiar and exceptional facilities"
Domestic Money Condition.
The matter to be chiefly emphasized in
this regard is that a strong current IN
sterling exchange has set in in favor Of
this country. and it is manifest that II
gold imports can take place at present.
with call money rate here below per
cent these imports would be decidedly
increased If the call money rate should
rise for instance. to . per cent. In
deed. it is now the general belief IN the
best banking circles that sold shipments
form Europe to this side viii be heavy
during the coming autumn and viii 50
far to prevent money stringency here
during the crOp-mOving season.
The action Of the St Paul directors In
leaving the dividend rate on their CON-
mon stock unchanged was. it is true, ex-
peeted by all sensible and sober-minded
people. Nevertheless, a large army OF
curbstone spectators in Wall street have
lately asserted with such assurance
that the dividend would be reduced so
as to lead to an impression, that was by
no means confined to few. that such
reduction would. in fact. be ordered.
Concerning AtchisOn Dividend.
Assertions Of the same sort have lately
been very strong In regard to the forth
coming Atehison common dividend. upon
which it is expected that action wiz be
taken tomorrow.
The Bank Of England 5 weekly statement
of condition to-day exhibited a decrease
for the week in gold coin and bullion
holdings Of S4565O0O. but. as the banks
loans were heavily decreased, the proper
tiOn Of reserve against liabilities held by
the institution rose from 4277 per cent
last week to 1910 per cent. In London
to-day discounts advanced upon the news
OF the gold shipments TO this side. bat
there is a consensus among the London
bankers, Just as among those in New
York, that q large movement of gold
from London TO this side will take place
in coming months. In general all the
news. to-day was Of more or less reas-
suriEig} character.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
ORCHID FACTS IN BRIEF.
Boston Holding a Notable Sh"'
worth 100000.

Worth 100000.
Boston is holding the greatest exhibition
of orchids ever known. half a million
dollars worth are on show.
Between 1000 and 500 species are
known
Nearly every color occurs. Blue is the
rarest.
Usually the flowers have sweet, heavy
perfume.
Most OF the snowy sorts are imported
from the Wild parts Of Central and South
America, Africa. and Asia.
Importation began less than hundred
wears ago. To-day millions are invested
in collections: there are magazines which
deal exclusively with orchids; great books
have been written. and national societies
formed.
The first variety was Cattleya lGbiata
(the same now sold by florists, named az
ter Mr.. Cattley, an English collector.
The diseoverer failed to make plain where
he had found il, and for years after
ward there was a quest for another like
IL. The quest was at last successful
For many years an orchid known TO
grow in Tibet was eagerly sought. The
only ones OF its kind in Europe had died
Finally the Younghusband expedition
sent a small shipment TO England. There
was great rivalry. and many people paid
$500 plant. A few days Safer a second
shipment arrived. and the price dropped
to So
Some can be bought for as little as s15e.
but others are regarded as being worth
IS GO each. one sold at auction recently
| in London for $4,000.
There are several firms in the United
States which do nothing but import and
grow them.
Many notable people have had weak
ness for embarrassing. the most notaole
being Joseph Chamberlain.
AS corsage-fiower. the orchid has the
great virtue Of keeping fresh remark
ably long time. Looked at in that light.
| it is not so expensive, even at $40 a
dozen.
The common lady slipper Of our
woods Is an orchid. One of this genus,
| Cypripedium Specialize, is the best hardy
orchid fer outdoor cultivation.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
GRAIN AND PROVISIONS

Quotations furnished b. w. q. HfbhS 8 20.
members Of the Chicago Board Of Trade. HiSOs
Building.
Chicago. July 7.-wheat opened steady at about
las. nights closing prices There were no rains re-
ported IN the spring wheat country, aud only scat
tered showers In Canada. As regards the winter
wheat harvest Kansas advices seem 70 Be- very
good both as regards yield and quality. Missouri
seems to be having too mueh rain. Points IN
Indiana say wheat is finely headed with good
grain but tangled from ioint-worm damage. 40 faE
the country seems to be selling sparingiy, although
there was some talk Of Oklahoma Offering wheat
70 come here st. Louis wired cash wheat dull.
Local receipts 4 cars with estimated for to-
morrow.
| Corn ruled lowed throughout the session. There
was some disposition the part of the local pro
feasionals % accept profits. Good rains were noted
in the Ohio Valley over night ana to-day Good
| selling was noted By commission houses Casn
prices easier with the futures.
Local receipts lee cars. with hs eaimaied ioi
/ to-morrox.
| Oats ruled strong early Commission houses were
on both sides Of the MARKET but selling by longs
coupled with the weakness in other grains. caused
| a loss Of most Of the advance.
| Local receipts % cars, with 70 estimated Tor 10
morrow.
| The lower hog market influenced quite solum'
Of miscellaneous selling Of provisions. These offer
/ f.rT. E,s
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
Quotations furnished By ~ B. Hibbs s Co. mem.
bers Of the New York Stock Exchange. Hibbs Build.
NEW YORK MONEY.

New York. July Mooney on call at the stock
exchange to-day opened at "a per cent, highest 3
lowest "a. closing "a per cent Most Of the days
loans were made at - per cent.
Time money was In somewhat better demand and
was obtAinable moderately. Very little money was
loaned for the six months maturity az any rate
less than 5 per cent Rates. Sixty days 9ta3lz
per cent; ninety days 5issSa4 per cent: four
months. 4s4ik per cent; five months H4aiIs per
cent; six months sEa5 per cent.
Mercantile paper was in somewhat better demand,
but buyers were insistent on full rates. A number
a attractive names were seen Rates, per cent
for sixty to ninety days Endorsements; 5a5h per
cent fer choice four 10 six months single names,
81 par cent for others
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
LIVE STOCK MARKET.

New York. July 7.-BEEvEs- Receipts. IS heed.
msinly dree, 10 saughterors: feeling nominal, M
changed Dressed beef quiet a. aalZis per ID Tor
ordinary 10 choice native sides. LIVERPOOL and Lon
don cattle and beef markets steady No exports
Of live stock OF dressed beef from this poTt to-day
or yesterday.
CALVES Receipts. rs head al for sale; feeling
firm. Prime veals sold at 1850 per 100 lbs; clils.
100 buttermilks SEQ; dressed calves active and
higher; city dressed veals lNl5lz per ID: country
dressed vesls l0al3a dressed bittermilks. aallA.
SHEEP AND LAAfBS-Recepts 44a head. IL
Guiding 7 ears for the market Both sheep and
lambs were active and steady. and the pens Were
cleared. Sheep sold at 250a4S PER 100 ibE.; lambs
ss5aeo1; dressed mutton steady az STALL per h
dressed lambs i2szai5
HoGS-Receipts. 80 head including half a cat
for the market; feeling steady, Prime State hogs,
as: average sold 1000 per 100 lbs
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
Euphemism.

tTIlH Iutass
The young curate was reading the first
chapter OF Jonah, and making the best
of the seventeenth verse: And the Lord
prepared a great FISH 10 swallow up Jonah,
and Jonah was In the-er-a-and Jonah
and in the-er- And the Lord prepared
q great fish 10 swallow Jonah, and Jonah
was in the society OF the fish three days
and three nights"
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
CHICAGO CATTLE MARKET.

Chicago. July Live hogs were l0c lower the
receipts were estimated at 1900; Official yesterday,
1865 shipments, 1855; left over. 680: estimated
receipts. 1890 Bulk Of prices, s0Sss 3 light.
s.1oaaste; mixed and butchers, 9.deas IS; heavy,
s.7oa9 IS WORKERS s.5oas 30: pigs al5a05s
Cattle were lec lower; estimated receipts 1900
Beeses 5.55as 80; COWS and hefers. 2S5a6sa stock
ers and feeders. 37OsAT5; Western. 5.z5a7z.
Sheep we're l0al5c lower: estimated receipts,
1900 NATIVES s.0oaa.75, Western. So0a460; yearI-
ings l.0zAs5; lambs. 4-s5as.2S; Western lambs.
koOss0a
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
WASHINGTON STOCK MARKET.

Sales-Regular CAL. u O'Clock noon:
Capital Traction st. $1,000 AZ Il5
Washington Railwag and Electric IS 5000 at Ssx
Potomac Electric cons. S. SOoO at l0i, $500 at
l0lH
Potomac Electric s.. $500 az l0sls
Washington Railway and Electric CON-, g at 3.
Washington Gas . at g. 8 at T55s, at 1884,
2 at 75<. . at 7Ss, 3 at 75s 3 at T5is Zoe
at 75h.
Lanston, at slH. az sgk. % at ak
Union Trust at 80, ] az 80.
United States Trust 6 al Il4s.
After call.
Capital Traction at l2sil
Washington Gas Is az IS 3 al IS
Washington Railway and Electric Is. s. 900 ct 81
Mergsnthaler, ! at ZT7t.
Following are the BIC and asked prices On yeates
days Washington Stock Exchange:
GAS BONDS.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
LOCAL GRAIN MARKET.

GRAIS-wheat. per bushel sass: corn. she'll
ed per bushe 66a72; cob. a5saAo0 per barrel; oats
Western white N5. 3 per bashel. 4ss52: mixed,
per bushel s5a5o; bran. per ton. $50; middlinEs.
per ton, Zoo
HAY AND sTRAw-Hsy. Western No. l, $50;
No 2 a.0o; mixed 22O0 loose at local scales, 1900;
straw. ne bundle l2o0: straw. ne, machine thrash.
1900 straw. wheat. per ton. $50; straw. oat. per
ton. 600.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
GOVERNMENT BONDS.
dy bid and asked prices on gov
COTTON MARKET.

Quotations furnished by " B. aibbs & Co.,
members Of the Sew York Stock Exchange. Hibbs
Building:
New York. July The market opened easy and
declined to points FOR the general list from last
nights closing ard Tor August. This made July
sen at l52l. August 1L62. September 1872, October
1872 December s2li, and Jfruary l22
Prices wer. bid mp on the buying referred TO- With
August advancing n q few minutes from 1856 to
l4s9 on very small business End in the next hour
working up 70 i4si. OF Y points over yesterday.
july Advanced Ii points 10 1870. and September 4
points to 1910. while the rest Of the list went up
y points. with October selling at I27s, December
y g. and January i25
On ths rise there vas rerewed inside selling IN
sufficient quantity 10 supply al demand and pre-
royt ar- f,rrfhnv advauen
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
PROPOSALS.

TREASURY DEPARTMENT. OFFICE OF THE
Supervising Architect. Washington d. c.. 1uEe 8
Islo-SEALED PROPOSALS VIII be reoeiFes at this
Office until O'Clock p N. or the 9Th DAY OF
JULY, 1910 and then opened FOR new vault il
the fourth floor Of the United States Treasury. Wash
ngton D. C.. in strict accordance with the d.aw.
ings and specification, cepies Of which may Be- 90
tasned at this oee st The discretion Of the Super.
rising Architect JAMES KNOX TAYLOR, supar-
Sisng Archiisc. ~ .is1S,A
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
WASHINGTON CATTLE MARKET.

CATTLE-Bxtra. Der cWt.. 65aa1.cO: do. butcher
a.sOas -; de-. common. 2e9a5.oo.
HOGs-Fer cwt., gross. $50: do ordinary, 400
gREEls-s,rsne. s.5oa5 %; do. common. s00a40O.
LAMns-Faney spring. .; fan. choice. per ID.
sassz. do. used.nn !.
oALvEs-Prinls. - u. szsK; do, medium. O;
DO. grass. sa5.
cows Prime fresh. EACH s5.eo1s500: do, con.
mn. zs.aesseoo: do. cid end dFy, iee0aiAea
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08

New York July 7.-wHEAT-weaker; dun. No.
Northern spring. to arrive I. o. b., liza No. Z
red. T. o b. L0ess; No. 2 hard New YORK, LIZA.
(. O. b.; No mscaroni I. @ b., os; No. J siani-
toba. T. o b.. Ll3ss Quotations are on ali'rAil
basis Canal basis. nc less.
CORN-Weaker ard dull. steamer mixed, nomi-
nal export basis; export No. 2, I. 0. b., 50 70
nrri,a. salL 20 arrira Ia ele4afnf
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
Bonfng.

From the wilkesbarre TimekLsadeF.
The sweet girl graduate Is beginning
10 study the fashion papers In prepara-
ton for the great event Ia June.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
NEW YORK STOCK MARKET.

Custats0zs. furnishsd By ". B. Hibos & 90,
members q tAes New Yozk Stock Exchange. Hibhs
Building.
SALE of@sHAREs BY HOURS.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08

Wild ducks are estimated to fly ninety
miles an hour; swallowssfy rather faster.
and the swift flies above 200 miles an
hour.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
BANK STATEMENTS.

REPORT OF THE CONDITION 3
OF THE
National Savings & Trust Company,
AT Washington ia the DistTis4 Of Columbia. st tbs
close Of business June 30, 1919.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-08
BOSTON COPPER STOCKS.

Quotations furnished hy ". B. Hibbs & Co. men,
hers Of the New YORK Stock Exchange Hibbs Build.
United labor bulletin., 1910-10-13
THE constitutional AMENDMENTS:
THE Initiative and REFERENDUM
Remedy? Restore to the
Anne Pacna the Initiative and ndum

their term of ONCE Would you. in your
private business, give your agent full
power to do everything he liked for a
term of two years and at the end of the
period only be able 10 correct the condi-
ton by employing another agent on the
same terms? Would you expect to have
any property or business Lett after few
such agents?
Yet this is exactly the method we have
been using in our government Can we
be surprised that II has broken down by
corruption?
This amendment takes away from our
representatives the uncontrolled power
rthey now have and brings them under
the control OF the people Ii makes
them true. responsible agents instead of
the irresponsible masters they now are.
1t is evident that this will put an end
to political corruption, for who will try
to buy Lawmakers when the people have
free opportunity to veto their acts? The
corrupt lobby disappears before the l.
and r.
After the adoption OF the Referendum
the whole people alone will be able to
finally dispose of franchises, legislation,
etc.
Therefore, all persons in favor of pur-
flying our politics should earnestly sup
port this amendment in this state and
do their utmost to extend its beneficent
provisions to other states.
The Referendum has always been used
to make the highest and most important
laws of our country-to-wit, our consti-
tutions: and you will use it when you
vote on this amendment or constitution
II it is good enough to make our high
est laws. why not extend its scope and
usefulness?
1t does not increase the number of our
elections. because the voting thereon
will be done at regular elections.
1t will not be invoked for trivial rea-
sons. on account OF the expense and la
Dor necessary to get up petition.
This is non-partisan measure. All
political parties. without exception. have
declared in favos of it 1t has been
adopted by large majorities in the states
of Oregon. South Dakota, Utah, Nevada.
Montana, Oklahoma. Missouri and Maine,
and by about Ice cities, and many Off
cials of those states and cities have tes-
titled to its success in abolish'ng corrup-
ton
The average citizen regards the gov
eminent as a clock which should run il
self without further attention when
wound up on election day. This is a
mistake.
The only way TO have real selfgovern-
ment is TO be able to control your repre-
sentative at all times during his term of
office. To merely choose legislator
who can do what he likes after he is
elected does not constitute self-goyern-
ment lunatic or a minor is often al
lowed to choose his guardian, but that
does not give him control over his own
affairs.
4 Government of some sort We must
have. Shall all the people control it or
i shall We leave It to political bosses? The
United labor bulletin., 1910-10-13

Eli NJ. Gross. deputy state labor com
to Starkville, Colo, where so many min
ers were killed by a mine explosion Sat
urday 1t is said that the disaster was
caused by lack of proper ventilation and
by lack of timely precaution in prevent
ing the mine from filling with dust and
deadly fumes that when ignited sent
every soul in the workings into eternity.
Starkville is in southern Colorado. and
the mine is operated by the Colorado
Fuel 4 Iron Co.. the same company that
owned the mine where that other great
exposition occurred this year. Fifty-five
men are dead at Starkville. many women
are made widows and co some children
orphans. What an awful thing to hap
pen in civilized community when it
could have been prevented. Il is said
that engineers had recommended that an
air shaft be sunk. This recommends
ton was made three years ago, yet no
step was ever taken. The cost would
have been $4,000. To save this money
that the c. f, and l. might pay greater
dividends. the managers for the COM
pany have neglected their duty to hui
manity and sent So souls into eternity in
twinkling, that they might be strength
ened in their positions.
How long will the people of the coun-
try stand for the slaughter? How long
will they vote for officials who will not
make an effort to check this wholesale
murder? These awf,a things occur. and
not even an arrest is made, and no one
is blamed. Laws are asked for to pre-
vent them, and the same corporations
on whose properties they occur step in
and defeat the laws that will remedy the
situation.
Former Governor c. s. Thomas has
this to say about the recent killing at
Starkville:
The present year has witnessed two
appalling calamities in the coal mines
OF southern Colorado. whose death lists
nll the columns of the daily press. The
horror of the nrst is scarcely forgotten
United labor bulletin., 1910-10-13
THAT SPECIAL NUMBER.

The Special Edition of The United
Labor Bulletin is coming to the front by
leaps and bounds. Our advertising man
has secured over 5000 in business and n
great deal more has been promised by
next week. The management of the pa
per ut first figured on issuing 15 pages
in $4,000 issue. but the size of the pa
per will be increased to 20 pages and
the number will be increased II the in
terest in the Special Number warrants.
Not only is the Special Number creating
great interest, but subscriptions are COM
ing in lots of from 25 to 100. The Special
Number will be issued the week preced-
ing Thanksgiving and will be the great
est issue of a labor paper ever published
In the West. Advertisers who want
space In the special will do well to make
arrangements at once. as 1t will only be
a few days until the space will be taken
and then 1t will be too late. You had
better hurry.
United labor bulletin., 1910-10-13

BE it Resolved, BY the Denver Trades
and Labor Assembly, that we indorse the
proposed constitutional amendment pro
viding for direct legislation to be sub
mitted to the voters Of the state at the
coming general election. the principle OF
direct legislation being cardinal prin-
ciple of trades unionism. and absolutely
necessary to secure free government
In which the humblest citizen may have
a full voice in legislative affairs; be 1t
further
Resolved. That We impress upon ali
members OF organized labor the import
ance of registering in order that they
may be able to vote for this most i'm
portant measure"
The assembly later instructed the pub
locations and lectures committee TO con-
fer with the Direct Legislation league
looking to arranging for mammoth
mass meeting. at which John Y. White
and other noted speakers for the Direct
Legislation league will speak on the In
itiative and Referendum
The following resolution was intro
duced by the Boilermakers' delegation
and was unanimously passed:
Whereas. The Boiiermakers union has
taken action in support OF the case of the
Vulcan Iron Works against all railroads
concerned In shipping iron and steel into
and through Denver. and as they have
taken this action on the ground that the
working men of Denver are being DIS
eliminated against by the existing
freight rates on iron and steel and the
products manufactured therefrom. and
Whereas, We believe that an adjus.-
fnonf OF these rates will be an enormous
benefit to the city in general and to the
metal trades In particular: therefore, be
Il
Resolved That we. The Trades and
Labor assembly OF Denver. do hereby
heartily approve OF the action OF the
BoilermRkers. and be q further
Resolved That we render them every
assistance In our power in this move
ment 10 secure more employment for the
metal trades OF this city.
This resolution is self-explanatory. The
subject was covered at length In last
weeks Bulletin. including the printing
OF the brief of the Vulcan Iron Works
company In full.
Delegate August Rooster. chairman of
a committee to visit the different unions
and explain the proposed amendment to
the state constitution looking to refund
ing the excess warrants of the seventh
general assembly. reported that there
had been hints OF graft in connection
with this amendment of nearly 5000. 900
and he asked the assembly to defer ac-
tion until the committee should inyesti-
gate and report on the charges that had
been made and to which publicity had
been given in the daily papers of the
city. The report was received as pro
gressive and the committee continued.
Delegate Conkle then moved that the
Rev. Pinkham. candidate for governor
on the Socialist ticket. be given the floor
for 30 minutes to address the delegates.
This motion created great excitement
among the delegates. for II was seen that
United labor bulletin., 1910-10-13

the organization has passed through dur
ing his incumbency.
A telegram was received from Presi-
dent Alpine of the United Association of
Journeymen Plumbers. Steamfitters and
Steamfitters' Helpers protesting against
the seating OF delegates from the local
union of the International Association Of
Steamftters in the council. 1t is ex-
pected that President Alpine will come
to Denver to take up the matter person
ally. The district council of Plumbers
and Steamfitters also have the matter
of seating delegates from this local un-
der advisement