davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
COTTON MARKETS.
NEW YORK.

NEW YORK, May 13.-The somewhat
reactionary sentiment noted in the cot
ton market yesterday was favored by
lower cables than expected this morning,
and continued good weather in the south,
but reports of a better domestic trade in
cotton goods and the appearance of old
crop bull support on comparatively mod
crate dips restricted selling and, following
early irregularity. new high records for
the season were made OF May and July
contracts. The close was steady. net
points higher to points lower, new
crop deliveries being relatively easy
owing to good weather and favorable
crop accounts. The market opened steady
at a decline of 1 point on May, which
was influenced by the disappointing
cables, but at an advance of points on
July, which reflected bull support, and
unchanged to 2 points higher on later
positions. The weather map was favor
able in the main, for while some COM
plants are beginning to come in of in
sufficient moisture the majority of private
reports indicate that the warm, dry
weather is beneficial over the greater
part of the belt, and with the opening
here considerably better than due on the
cables the market turned slightly easier
after the call under realizing for over
the week end and selling for a reaction.
Old crop positions worked off to about
the closing figures of last night and the
new crop to net loss of about 2a3
points, but bull support of the old crop,
the extremely bullish weekend figures
and reports that more seasonable weather
was stimulating the demand for cotton
goods held sellers in check and in the
later trading the market developed re-
newed strength on a fresh furry of COW
ering by old crop shorts, who bid May up
to 15.7S and July to 1887, or about II
points net higher. August and new crop
positions were rather slow to follow this
advance and sold only to points net
higher. Closing prices were only little
off from the best under realizing. Prac-
tically all the weekly reviews of the crop
read favorably, indicating that farm
work and the plant had made good
progress during the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
NEW ORLEANS.

NEW ORLEANS, May 13.-In the cot
ton market today an early decline, due to
Indifferent cables and favorable weather
map was followed by extensive short COW
ering for over the week end, resulting in
a net advance for the day Of l to 4
points.
The opening was steady at an advance
of 1 to 2 points on the old crop months,
and unchanged to . points down on the
new. The weather news was very favor
able, while the cables did not attract much
attention. These factors, followed by the
forecast for continued dry and hot
weather. stimulated selling, and the more
active positions in both crops soon were
put points under yesterdays close.
Shorts soon began to cover over the
week end, however, and prices advanced
until July stood at 1852, the highest level
of the week. Late in the morning reports
of good spot demand and fairly large
sales furnished additional steadiness, and
the last prices were 1 to 4 points over
yesterdays close.
Spot cotton firnN unchanged; middling
151s; sales on the spot, 1906; TO arrive.
$50
Futures closed steady; May. 1851; June
1888; July, 1919; August, 14.94, Septem-
Der, 1853; October, 1906; December, Il. 81
The net result in the market for cotton
futures this week was an advance of 8
Friday and the low prices Monday. At
the highest the list was 16 to 33 points
over last weeks close, and at the lowest
1t was 10 to IA points under. From the
lowest to the highest there was rise of
80 to 80 points
This week there were but two features
that commanded any attention. They
were the statistical position and the
weather. Early in the week it looked as
II the weather would just about balance
statistics, but little rain fell and the
weather lost much of it's weight. Prices
made a remarkably steady rise, and in
this the new crops shared more fully
than might have been expected, consid-
ering that the old crops are under ma
crop months derived sympathetic strength
from the old. The latter touched new
high for the season, but the former still
remained about 81 bale under the high
records.
In the week end the trade agreed that
the weather was all that could be de-
sired, and that the crop was, if anything,
getting a better start than it had last
year.
Continued good trade reports from Eng
land and somewhat better business in
some lines of cotton goods In this country
intensified the effect of statistics. In this
weeks tables the visible supply was put
only 5000 bales over what 1t was last
year at this time, when 1t was called
very small. and entirely inadequate to
meet the requirements of the world. The
fgures were 2,17S,244 bales. against o.
In the spot market prices advanced
ree-sixteenths, closing at 151s. against
10 5-16 last week and 1914 this week last
39O3 bales, against 1884 last week. and
5000 this week last year. Sales to arrive
amounted to 1.020 bales, against 1856
last week, and 3,S40 this week last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
CHICAGO GRAIN.

CHICAGO, May 13.-Attenpts to secure
weekend profits crowded down the price
of wheat in the last hour today. The de.
cline was partly influenced by a prospect
of large world shipments and OF bearish
figures regarding the visible supply. Clos
ing quotations were Y lower to y up,
compared with last night.
Corn showed a net loss OF 4ah to hah;
oats q drop OF u to 3. but hog products
showed little change, except May pork.
which was nominally STU and, harder 10
get.
The wheat market was full OF ups and
downs. taking the day as whole, ana
proved q much broader affair than usual
for a Saturday. In particular, selling
assumed a lively form at the outset anu
again toward the end Of the session. Dur
ing the intermediate time leading bulls
picked up all offerings. and there was In
consequence a rise. which at one period
lifted prices well above yesterdays close:
To some extent the advance was based
on dispatches telling OF worse need OF
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14

rain In southern Russia. However, pre-
dictions of large shipments from the
czar's country made buyers here and
abroad rather skeptical. Moreover, the
rise called out .ree selling of new wheat
to arrive from central Illinois by July
20. Under these conditions, efforts which
many longs made to take profits rendered
a final decline inevitable, though the tone
at the end was called steady. July ranged
from S9l4 to 9012 and closed at S9&,
net loss OF II.
Fine weather and belief that larger
marketings from the country are coming
soon caused corn to be slow to share in
the upward flurries of wheat. Some of
yesterdays largest buyers resold. July
f1uctuated between 52A and 224aJ21s, clos
ing ssah net lower at 52k. Cash grades
held steady; No. 2 yellow finished at
54Aa55.
Favorable reports In regard to the
growing crop led to an easy feeling in
the oats pit. Dispatches from France
were also more reassuring. High and
low points TO July proved to be 341s and
33&, with latest sales 1875, decline of
Il from last night.
On little or no trading, May pork was
offered down 30, then bid up to 1.JO and
at last let fall 121s from the top. Bust
ness in other products was of a scat
tered sort, with price changes mainly a
notch or two dearer than twenty-four
hours before.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
TREASURY STATEMENT.

At the beginning of business Yesterday
the condition of the United States Treas
ury was:
Working balance in Treasury offices,
$23 0s2, $50.
In banks and Philippine treasury, $751;
763, 294. The total balance In general
fund was $S1 .629, 463.
Ordinary receipts Yesterday were
81. 100, s57, with ordinary disbursements
of 81, 5s6.o24.
The deficit to date this fiscal year is
$IO7 ,O99. as against $15,517 ,62S at this
time last year
These figures exclude Panama canal
and public debt transactions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
NEW YORK CATTLE.

NEW YORK, May 13.-Beeves-Re-
ceipts, 1,741 head: no trading; feeling
steady; dressed beef slow, 9a9A. exports,
$50 cattle and 4. 22S quarters of beef
Calves-Receipts, 311 head; nominalIy
steady; dressed calves steady; city
dressed veals, 9lzaI2ls; country dressed
calves, 6Isa10
Sheep and lambs-Receipts, 1880 head
sheep steady; lambs stroi g; handy lambs.
is higher; spring lambs duh and lower;
clipped lambs. 5.25a6. 10; ordinary spring
lambs, $50.
Hogs-Reeeipts, cars; nominally firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
METAL MARKETS.

NEW YORK, May 13.-The metal
markets were quite and practically nomi-
nal as usual in the absence of exchanges.
Lake copper, 12.37ika12.50: electrolytic,
12121za1225; casting. 11.s7tza12.O0 Tin,
a. 55a43.25 Lead, 4.4Oa4.50; spelter, 5:i5a
|5.45; antimony. C0oksons, 9.O0a9.50. Iron,
unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
DRY GOODS MARKET.

NEW YORK, May 13.-The cotton goods
markets rule steady with trading OF MOD
crate proportions better retail trade
during the week is being reflected in an
increase of small orders for wash goods
and other seasonable fabrics. Yarns
rule quiet. Burlaps are tending higher.
Linens are quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
LONDON WOOL MARKET.

LONDON, May 13.-The offerings at the
wool auction sales today amounted to
11,I23 bales. The selection was IN better
condition and spirited demand pre-
vailed. Prices were firm, especially for
cross-breds, which were In good supply
and We're taken principally by the home
trade. Next week 1880 bales VIII be
koffered. Teday's sales follow:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14

Didn't I give you a piece of pie last
weekg' demanded the cooking school
graduate. az didn't expect to see you
again SO soon."
II fooled you, man," replied the
tramp. 'I didn't eat it"-Phiiadel-
phia Record.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14

New South Wales. 500 bales; greasy.
611sda1s I'd.
Is I'D; greasy, Sda10d.
victoria, 100 bales; greasy, 7da1s Sd.
south Australia, 600 bales; greasy, Cd
ais.
West Australia, 200 bales; greasy. 71sd
a1O1zd.
New Zealand, $500 bales: secured, Is
fda1s 91zd; greasy, 5Ada1s I'D.
Cape of Good Hope and Natal, 100
bales; greasy. 711a10d.
Punta Arenas. 1000 bales; greasy. SID
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
dull MARKET DAY
Traders Show Little interest
In Narrow Price Range.
WAIT ON SUPREME COURT
Expect Millions to Be Released on
Trust Decisions.
CUTTING TO THE MINIMUM
Brokers Are Not Carrying Any
More Stocks Than Necessity
Compels-Foreign Money Easy.

NEW YORK, May 13.-The movement
Of prices on the stock exchange today was
so narrow and trading was so dull as to
indicate an almost complete absence of
demand for either the long or short &C.
count, except for such stocks as were
necessary to close up contracts.
1t is generally believed i'm the financial
community that rendition of the decisions
in the antitrust cases by the Supreme
Court will release many millions of dol
lars for constructive financing. While
Wall street has been guessing for months
as to what Monday the Supreme Court
would choose for announcement of these
decisions, more interest is shown in the
possibility of their rendition next Mon
day, when the court reconvenes, than has
been the case at almost any previous time
since they have been looked for.
Reduced to Minimum.
Expectations of a change in the finan-
scial situation following the announce
ments has caused a reduction of specula-
tive commitments to a minimum. The
tone of the market today was heavy, but
except in a few cases movements were
without significance. Philadelphia COM
pany, following its rise of yesterday, ad-
yanced 21A, extending its gain to points.
The annual report of the company for the
fiscal year ended March 81, published to-
day, showed a small decrease in the total
Income of the company and its subsidiar-
les.
Advices from London indicated that
brokeS there had found it convenient to
fall back on Paris for funds to meet the
recent fortnightly settlement, and that
this cash was readily available. London
was reported to have sold moderate
amount of stocks in this market today.
Bank Statement Analysed.
The bank statement offered more than
the usual contradiction of conditions In
the average table loans decreased by
more than S16.3O0O00, while the actual
table showed a decrease of little more
than $9,00o.0o0. with a nominal cash loss.
Non<member banks and trust companies
again reported loan increase of large
proportions, and the expansion in this
account by these institutions for the last
SIX weeks is now well beyond S75,O00,O0O.
The bond market was irregular Total
sales, par value, 81 ZOE, 600.
United States Is declined IA and the As
coupon Il on call on the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
WAITING ON COURT
Wall Street Thinks Only of
Coming Trust Decisions.
BLIND TO OTHER THINGS
0bsessed by Idea That Future
Hinges On Oil and Tobacco.
RAILROADS PAIRING CLOSE
Sacrificing Equipment for the Sake
Of Maintaining Dividend Rates
Crop Prospects Good.
RAILROADS PAIRING CLOSE
By w. G. Nicholas.
pondence Of The Star.


NEW YORK, May Is, 1911.
Wall street is in a curious frame of
mind. 1t is blind to and ignores every
other factor excepting the one thing-the
forthcoming and long-waited- decision
of the Supreme Court in the trust cases.
1t made up it's mind many weeks ago
that no important move could safely
be made in speculation until the highest
court had placed a construction on the
law for the regulation and restriction of
trust operations, and nothing can shake
it from that position. The whole bust
ness and industrial world has stopped
until this one point can be decided
1t is very strange situation. 1t is
more than likely that when the decisions
are handed down they will have been
discounted. but in the present mood that
counts for nothing. The determination
having been made to wait for the Su-
preme Court, nothing can change the
mental attitude
Mexico may be disrupted and hundred
thousand soldiers of the United States
take possession of the country; that
would be matter of minor Importance
to what the Supreme Court might say
about Standard Oil and Tobacco. The
substitution of free trade for high pro-
lection might cause q mOmentary ripple
among the SPECTATORS, but 1t would be
voted a mere incident in comparison with
that momentous decision now being
framed UP by the nine members of the
Supreme bench. There may be bumper
crops or crop failures, it would lie all
the same in the minds of that numerous
and powerful element which has decided
in its own. mind that no forward step
can be taken in business until it becomes
definitely known whether or not the oil
and tobacco trusts will be allowed to
go on as they have been doing, or COM
PEELED to reorganize to save themselves
from the penalty of outlawry. All this
looks absurd. 1t is absurd, but never
theless that Is the Wall street status at
the present time and nothing seems able
to change it. That pending court de-
rcision is held so closely to the eyes Of
Wall street that the vision is obscured
for everything else
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
Market Does Talk Crops.

The one thing which finds a place in
stock market discussion liz the crops. Re-
ports from the agricultural sections
north, south and west leave little to be
desired. Upon the crop prospects are
based the hopes Of substantial thinking
people. The present outlook as reported
through official and private sources Is
for the biggest farm production in the
history of the country The commodity
markets give promise Of good prices far
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14
WEEKS RANGE OF PRICES
Corrected to the Close of Business May 13, at the
New York Stock Exchange.
Railway and Mi,cellaneous Shares.

The
Of
to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-05-14

The two corporations directly affected
represent, all told, probably one-quarter
Of 1 per cent of the valuation and the
property interests of the United States
Standard Oil is capitalized at $1O0, 00O,
nn0 its TANGIBLE assefe may he S1ln 90
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-02-04
e>~~~~>~~~ ~e~e 4

= All day long, with sigh or song,
. Toll for her sake. Z
. She is where the roses throng,
= where thunders break 4
= From the restless city's mart, y
. But I rainbow's round by heart. =
. For I sing: The day will die =
. Toll will soon be past; Z
. And the stars in Loves own sky =
. Lead me home at last.
. Home, beneath the tranquil 2
. skies, 4
. Where she waits with wistful
. eyes. =
. Home! Where Love is kindest =
. best; .
. Where the hearth is bright; =
. Home! Where sweetly on my .
. breast .
. Fall her curls of light. .
. Home! From all the world be- .
guiled .
D BY the kisses of a child. .
Frank Stanton. .
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-02-04
HORACE GREELEY.

1t is the way of the world to do
honor to those who have the out
ward show of power and to neglect
the silent figures that stand behind
such men and are really responsible
for things that are accomplished. 1t
is the man upon the stage who gets
the applause though the playwright
may be the real hero.
Yesterday was the centennial of the
birth of a man who played a truly
great part in American history. 1t
is doubtful is any man ever served
his country in a better way in time
of need. Yet the fact that yesterday
was the centennial of his birth was
known to but few and little of any
thing was done to honor his memory.
1t was very largely through the
work of Horace Greeley, editor of the
New York Tribune, that Abraham
Lincoln became president of the
United States. Greeley was the fore
most editor of that time and he mold
ed the thoughts of men and crystal
ized the sentiment of the northern
people against slavery. Without this
work Lincoln nor any other repub-
lican could have been elected presi-
dent. One of the old parties would
have controlled the administration for
another term and what the result
would have meant to the country no
man can say.
In view of the fact that yesterday
was the anniversary of Greeley's
birth some biographical facts may be
of interest.
He. was born February 8, 1911, at
Amhurst, n. H.
In 1926 he became an apprentice
printer on the Northern Spectator, at
Poultney, VT.
|. In 1881 arrived in New York with
$40 in his pocket and found work in
JOD printing OIllCe.
On March %, 1884, founded the
New Yorker, a weekly paper.
In 1888 edited a whig weekly, The
Jeffersonian.
In 1S40-41 edited the Lob Cabin.
In April, 1s41, founded the New
York Tribune.
In 1S4S was nominated and elected
to congress.
May 1S. 1867, signed bail bond of
jefferson Davis.
In 1872 nominated by democrats
and liberal republicans for the presi-
dency. Was defeated by Ulysses S.
Grant, and died November 20, 1872.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-02-04

tie time on the subjects that will be
of no use to him in the practice of his
procession. The 43 young men who
told Dean Keppel that they had not
decided upon an occupation until af-
ter their graduation should have had
their natural qualifications determin-
ed during their freshmen year and
their course of studies arranged ac-
cordingly. The ZIG who had made
up their minds before entering college
should also have been advised by their
instructors for it is not every boy of
Is who is competent to decide unas-
sisted this important question OF oc-
cupation
1t is startling, says Dean Keppel, to
realize that in so many cases a stu
dent has no expectation whatever that
the faculty could or would be of any
help to him. He believes that the
average student would welcome a
sympathetic and intelligent interest
on the part of the colleges in his fu-
ture career. OF this there can be no
doubt and the modern college will be
remiss in its duty if it fails to fulfill
this logcal function.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-02-04
WHEN THE COLLEGE FAILS.
(Pittsburg Gazette-Times.)

tflllSDuIS bdLttte- IIHcS.J
Not all the investigations of our COL
leges are being conducted by outside
agencies such as the Carnegie Foun-
dation. At several of the largest in
stitutions Surveys" have been en-
ployed to determine how efficiently
they are performing their mission.
Dean Keppel Of Columbia, for in
stance, has been making inquiries
among members of the last three
graduating classes of his university
and Of Dartmouth to determine how
helpful to students are such institu-
tions in the matter of choosing voca-
tions. OF 492 men, ZIG had deter
mined their occupations before enter
ing college and had not changed their
minds during the course. Forty
three made no decision until after
graduation. Most Of the students who
replied to the deans inquiries declared
that their stay in college had nothing
to do with their choice Of an occupa-
ton. They were influenced by all
sorts Of reasons, many Of them trivial,
but it does not appear that they re-
ceived much inspiration from their in
structors.
Dean Keppel makes the point that
competent instructors should ascer-
tain each young fellows ambition and
then see that his work during the four
years course is all directed toward ita
! realization, fitting him for his future
career. The embryo lawyer or doctor
undergoes definite training for his
life work. He knows long in advance
! what he vans to be and he wastes lit
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1911-02-04
A NEW SPIRIT.

Often in the past the people of 9TH
er portions of the state than Port
land have accused the metropolis OF
selfishness and generally with good
reasons But in regards to the pro-
posed good roads legislation Port
landers are showing p broad and pro-
gressive spirit. Affairs down there
are now under the leadership Of diff
ferent men from those who dominated
the Portland of old. The present
leaders are working to build up Port
land by bringing about the advance
ment and improvement of the whole
state. But they are meeting with
little encouragement.