davidaulloa/AmericanStories huggingface dataset:
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
BALDWIN NOTES

Church and Sunday school were
held at the usual hours and we're we'll
attended.
Mr.. and Mrs. Keagle and Miss Ella
Larsen visited at the Will Sowden
home Sunday afternoon.
Will Nelson was a business caller
in Hope Tuesday.
Lillian and James Jensen spent
Sunday at the Nelson home.
The monthly missionary meeting
was held on Thursday at Mrs. Will
Smiths.
Will Smith was a business caller in
Colgate Friday and Saturday.
Helen Bate spent Monday evening
at the Will Smith home.
Mr.. and Mrs. A. K. Algeo and
daughter, Lila, spent Saturday and
Sunday in Valley City.
Mrs. Will Smith expects to leave
for Minneapolis Friday for a few
weeks visit with relatives. From
there she will go to Colorado where
she will visit her. She expects to be
gone about two months.
Many Of the young people of this
vicinity attended a surprise party at
Nolting's Saturday afternoon, given
in honor of Miss Ella Larson. All
spent a very delightful afternoon.
Mr.. and Mrs. John Smith and Mr..
and Mrs. Jay Smith and family visited
at Will Smiths Sunday afternoon.
Mrs. Will Sowden and Rena Ed.
wardson visited Mrs. Earl Kelly Sat.
urday.
Mrs. Gilbert Johnson visited al
Martin Carlson's Sunday afternoon.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20

Smith, President State School of Sci
ence, Wahpeton, N. D.
In order that all may enjoy the
privilege of this lecture the admission
has been placed very low for an en-
tertainment of such high class. Ad-
mission 35c, children 15c.
Opera House, Friday evening, April
2lst, under the auspices of the Con-
gregational Sunday School.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
SHERBROOKE
D. W. vadnie, Correspondent

James Devlin and Mat Larkins were
over to Finley Saturday.
VIM. Barclay was a Fargo visitor
for a couple Of days the first of the
week.
Chas. Ferrel, of Hope, was trans
acting business at the County Seat
Friday.
A. G. Lunde, of Primrose, was a
guest at the E. A. Erickson home Fri
day and Saturday,
Harry and John Vadnie returned to
Hope Sunday after spending their
vacation at Sherbrooke.
On account of the storm Thursday
the mail delayed until the next day.
VIM. Douglas, who has been look
ing after his land interests here, re-
turned to Hope Friday.
The infant child of Mr.. and Mrs.
David Moore al baptized in the M.
E. church Sunday.
Treasurer Erickson attended the
school meeting in Primrose Twp,
Tuesday and also visited at the farm.
A. G.. Miller was a Sherbrooke call
er Tuesday for a short time.
The regular Lutheran services will
be held in the M. E. church, Sunday,
April 23rd, with Rev. Rorvick as pas
tor. All are invited.
Sacrament services were held at the
Thomas Newell farm, five miles south
of Sherbrooke Sunday, at 3 p. m.
Rev. Wyand, of Hope, oficiated.
Haldor O. Klath, of Portland,
guardian Of Albert o. Klath, minor,
made his annual report in probate
court here Tuesday.
Evening services will be held in the
M. E. church Sunday at 1880 O'Clock
p. m. Subject for the evening, ga
Good Servant but a Bad Master, :"
with Geo. Newton as leader. All are
welcome.
Mr.. and Mrs. Mustad and children
drove to Franklin Twp, Wednesday.
Mrs. Mustad and the children will
visit with home folks for a few days
before returning home.
Geo. Thykeson and H. Klath motoreo
over from Portland Tuesday. The,
were accompanied by VIM. Barclay
who returned home from a few days
outing.
A very charming Easter program
consisting Of Easter songs and recita
tions, in which the school children
took a prominent part, was enjoyed a
the NJ. E. church Sunday evening.
The Glee Club of Sherbrooke gave
very fashionable social at the Hote
Sherbrooke Friday night, where f;
number of the young people spent +;
few happy hours. Apples, pie ant
cheese were the dainties served.
H. o. Haagenson, Oscar johnson
and John Sylvester were snowbount
and were compelled to stay in Sher
brooke yer night Thursday.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20

When a medicine must be given to
young children it should be pleasant
to take. Chamberlain's Cough Rem
edy 10 made from loaf sugar, and the
roots used in its preparation give it a
flavor similar to maple syrup, making
1t pleasant to take. It has no superior
for colds, Group and whooping cough.
For sale by all dealers.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
Wit and Humor
Edited by
"The Editors Best Friend"

A plumbers helper-Ten below
zero.
Dies hard-the man who is frozen to
death.
A popular noosepaper-the marriage
certificate.
A grass widow is generally one who
is looking for "green fields and pas
lures new"
"What is your business?" was the
question which a lawyer asked of a
witness who lived in a suburban town.
"The catching of trains and ferry
boats'' vas the reply.
"What are you crying for, boy?"
81 got licked by the teacher"
swell, it does no good to cry"
"Huh! how can you expect a boy
that's whaled not to blubber?"
Young husbands: "Flour, I see, is
going up again"
Young wife: "Never mind, George.
We need not buy it. We can buy
BAKERS bread. Besides it saves the
trouble of baking"
"Pshaw!!" said a Sixteenth street
lady to her husband, who had been
criticising her attire. "What does q
man know about a woman's clothes
anyway"
"He knows the price, my dear" he
replied gently, and she retired.
AS a woman was walking a man
looked at her and followed her.
"Why do you follow mep" asked
the woman.
"Because I have fallen in love with
you'll" was the reply.
why are you in love with me?''
asked the woman. "My sister is much
handsomer, she is coming after me;
go and make love to her.n
The man turned back and saw q
woman with an ugly face; being great.
ly displeased, he turned to the first
woman and said: "Why did you tell
me q falsehood?"
"Neither did you speak the TRUTH
replied the woman, ''for if you were
really in love with me, why did you
leave me to look upon nv sister?',
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
BROADLAWN.

Mr.. and Mrs. T. F. Pope spent Sat-
urday night with the formers father
in Colgate.
Mr.. and Mrs. Chris Lorenson spent
Sunday at the Harry Rickert home.
Mr.. and Mrs. Martin CRUDE visited
at the parental home, Geo. Kings,
Sunday.
Mrs. James Dorrance was a caller
in Colgate Sunday afternoon.
7. F. Pope and Mr.. and Mrs. S. F.
Pope were called to Colgate Tuesday
evening on account of the serious ILL
ness of their father and brother, r.
A. Pope.
F. Fl. Fuller was a Sunday caller in
Hope.
Misses Climenia and June and Mas.
tiers Wayne and Sidney Frank were
callers at the Kersting home.
Miss May Kersting is visiting in
Hope this week.
Master Leslie Dorrance visited with
his uncle and aunt, Mr.. and Mrs. j.
Dorrance, from Saturday to Monday.
Mesdames Lorenson and CRUDE were
business callers at Clifford Tuesday.
Constipation brings many ailments
in its train and is the primary cause
OF much sickness. Keep your bowels
regular, madam, and you will escape
many of the ailments to which women
are subject. Constipation is a very
simple thing, but like many simple
things, it may lead to serious conse.
quences. Nature often needs q little
assistance and when Chamberlain
Tablets are given at the first indica-
ton, much distress and suffering may
ba avoided. Sold by all dealers.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
A Letter of Thaks.

Sharon Reporter;
Interested citizens of Sharon. who
are against the proposed reciprocity
agreement, have had a petition cireu-
lated and signed by q large number of
farmers and citizens, and sent in to
Congressman L. B. Hanna by J. M.
Johnson.
Mr.. johnson received the following
letter from Mr.. Hanna:
House of Representatives,
Washington.
April 8, 1911.
Mr.. ]. M. Johnson,
Sharon, N. D.
Dear Mr. Johnson: I have the peti-
ton which you sent me signed by your
self and others, protesting against the
proposed Reciprocity Agreement with
Canada and I wish to thank YOU for
sending this to me. I will present the
same in Congress Monday and am
very glad indeed to do 80.
You can rest assured that I shall do
everything that I possibly can against
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
Anderson Bros. & Co.
S. C. Buff Orpinetons

-
Eggs for Matching, from q pen Of
hardy, northern grown Bluffs, origin.
ating from the best strains in the
world, chosen for color, weight and
egg production.
Our aim is Utility which meal
the greatest profit possible from ssch
fowl Eggs from this pen will pro-
duce vigorous bouncing chicks and
the greatest layers on earth.
Eggs, shipped by express prepaid,
Is eggs $500, so eggs $500. Local
RAD who come after them, Is eggs
$3.50, so eggs $3.50.
We refer you to the editor who has
seen our flock.
Address, s. G. Anderson, Manager,
Box 1872, Hope, N. DISK.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20

"Our baby cries for Chamberlain's
Cough Remedy" writes Mrs. T. B.
kendrick, Rasaca, Ga. ut IL the
best cough remedy on the market for
coughs, colds and Group" For sale
by all dealers.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1911-04-20
She Knew Who Peter Was.

1t was at a Sunday school examina-
ton, and the superintendent was
showing off the results of his labors.
During the exercises he asked the
children who could tell him anything
about Peter. No one answered. The
question vas repeated several times,
till finally a little girl held up her
hand. "Well, my DEAR" said the SUI
p~erintendent, "that's right; l am glad
to see that there is one little girl who
will put these larger boys and girls to
shame" The little girl came forward
to the platform and was told to tell the
audience what she knew of Peter.
She put her finger in her mouth, and
looking very smiling said:
Peter, Peter, pumpkin eater,
Had q wife and couldn't keep her;
Put her in a pumpkin shell,
And there he kept her very we'll.
Amid the roar that followed she
hurried gaily to her seat.
The Washington herald., 1911-02-01
MONROE STREET
PROPERTY is SOLD
Willige, Gibbs & Daniel Oh
tain Good Price.

wilige, Gibbs & Daniel. real estate
brokers, have sold for Frank A. and
Julia w. Arnold the handsome new
three-story residence. 1873 Monroe
street northwest The house has nine
spacious rooms. full tiled bath. and hot
water heat The front is Of selected
brick. with white mortar and Indiana
limestone trimmings. and is ornamented
by a wide and substantial piazza with
heavy red overhanging mansard Of cor
rugated tile, and dormer windows.
An exceptional feature Of the property
is the interior trim, which Is of calico
oak. this being the only house IN Wash
ington fitted out with this handsome
small separate beveled panels Of loaded
plate glass is also unique to this city.
The interior of the house is specially ar
ranged and combines several important
innovations. The premises sold adjoins
the dwelling built at the same time by
Mr. Arnold. which will be occupied as
his residence.
The property was purchased by Mrs.
Amanda Sprague. who will occupy the
house 1t is understood that $3.50 was
the price.
This house has the distinction of being
quite different from anything of its
kind ever constructed in Washington.
and is the result Of many years Of OBJ
seryation and experience on the part Of
the builder Willige, Gibbs & Daniel re-
port that they have had at least fifteen
applicants anxious to purchase the prop
erty, since the date Of its completion
several weeks ago.
The Washington herald., 1911-02-01
LIVE STOCK MARKET.

New York. Jan. 3l.-CArTLE-Receip.s. 4ss head.
There was no trading to-day. The feeling was
steady, with light receipts expected for Tomorrow.
Dressed beef was in modara-e demand at sHalOs for
native sides. Private cables from London quoted
live cattle lower and selling at l2lsal5h Refrisa-
tor beef lower at 9is per pound at Liverpool live
cattle reported selling at Taloa, dressed weight
Exports from this port to-day 50 beeves and SIS
sheep. g..
CALyES-Receipts lss head. Trade slow. but
prices steady for Western calves. Common to prime
reals sold at 7.O0alo75: culls 500: dressed cafes
l0al3 for country dressed.
SHEEP AND I.AMpS-Receipts. 2TiS head NO
trading Of any importance; feeling steady Dressed
mutton slow at Gas Te- pound; dressed lambs az "a "a
I0I. country dressed hothouse lambs steady at a0oa
1000 per carcass.
HOGS-Reoeipts. sos head Feeling firm on Bui
falo advces and nominal quotations were aoas.U
per 100 pounds for neavy to light weishtA Country
dressed hogs easier for lght-weights. with the whole
range quoted at 9al2 per pound
The Washington herald., 1911-02-01
NEW YORK PRODUCE.

New York JAM H.-BUTTER-Receipta s.324 pack
ages. The market is firm on fancy grades At un
changed prices Creamery specials, z; do. extras
.a2sh; do held specials. 2iac5: State dairy tubs
finest. s.
CHEESE-Receip&s. 3..s boxes The market i.
very Quiet at unchanged prices. State whole mils
specials I5alI; do. colored. Is; do. fancy, white
Is; do summer and fall made. l3sta4,t.
EGGS-Rsreipts. H.S cases. The demand va.
good but offerings of Western and Southern wers
State Pennsylvania and nearby hehnery, white
fancy, ssa8; do. browns. aa5; fresh-sathered Sc
lected extras. 3lsaa4h.
MILLFEED-Weskef: moderate dAde. Spring
bran. $500: standard middling 800: Western red
dog, 975 winter wheat bran. in l0opcund sacks. to
arriye zoo; city bran. in bulk. S:6s
oATS-Steady limited inquiry. No. white, Bh
No. 3 white. 31l standards. %. elevator basis
white. ON track. 3san
FIOUR-Weaker; more doing Kansas straights,
a6oaiS in sacks; soft straights. 40aa.0 in bar.
reis: spring patents. 53oas7o. in barrels: spring
clears. i.25a4.D.
BUCKWHEAr FLOCR-Soarce; demand Is slow.
Choice quoted at 25.
RYE FLOUR-Steady; moderste dealineA Cboice
brands quoted at 4.1A4.O.
lCoRNMEAL-steady; inquiry modeata Kiln.
dried, for export 4shA6: cnar.s meal. in bass.
IlaLk
HAY-Reripss. 80 tons: cay: trade 4 quiet.
Prime timothy. LEA: No l. Lusai.o7d: No = sssla
LOO: No. 5. eoask
srRAw-Rec.ipts. > tons; Dat: quset tnde.
Long rye quoted at -
BEEF-stsady; inactive businsR PACKET. NsA
100: family, l1.soalA0
pORK-struns "a limited sAoeln. Maa. Aaa
40; family. Aooa2l0.
LARD-InActive. prins Western. lA)e: city. ~;
reAned cuutinent. No: 6mtA Am0iSn, MO; ~
hnsd Bsxilian. q kcss. No: deus0fine. ~ :laed
seeazins dun; NV Yea, uS.
The Washington herald., 1911-02-01
LOCAL PRODUCE MARKET.

CHEESE-New York. nsw. leal7I4; fat cheese. Is:
daisy cheese. lea17h.
EGGs-Near by. fresh. 2iaZ per doz storage. g.
BUTTER-Fancy. tub. per H.. Ha27is; prints g
a2Sh hgh-srade tab. 80; print 3oa3oi4: frsts 2;
print 26is: process -tntter. tub 2ia25; print. Nh.
LIVE POULTRY-Spring chickens. l6al7 per lh ;
hens. "a; rosters. &c; ducks. Eais: TURKEYS large.
lsan
DRESSED POULTRY-Turkey bena undnwn,
2a1 per lh sobblerA. updrawn. %; old toms.
1a2: turkeys. thin Eal7; chickens. Is; henA Is;
young ducks Is: old. II; choice geese. liaB.
FRUrrs-Apples. Aosk1 per bbl; ptne.ppla.
kec: Keefer pears. Lual3 pr basket; Caihosnia
oranges. 1za15s Per boa: Hapefruit. l0oas.oo per
crate; Florida oraneaa lA1.8 pa boz: taneezinea,
aoos3.5o per strap; lenoos. 4@sAW pr ban.
vEGErABLESLCucuDhn hothouse soal.0 pe
doz. tomatoes. fancy. F1osida. 40akD Per bR:
lettuce. Florida. lsA1o pse hsket; Horsda sssins
cabbsse. a7AAoo per bhl. xsh&p pr 0atss slualh
Looal.4 per Ill: 0lHy. Nao pr 6aDch: Quessn1
10ss.oo per oate;. c.anheszin. LSoa4D ~ IN;
AsAlaO pr hi: sFipeidA psppa4 A0ak0 -
a.te: c.aiisose. $500 ~ ~: han. a.
IN pr .haaksk: hls. pr hsl, IL: spinaah. 4ooAAo
pr bhl.: Elskids. pAueU. &&aA0 - nko9:
ossM paasE. IN pz ao@; HqtA psas Isax1
pa he1hse; e1eps - usts, &NaAo: ~ ystaaeos
!
The Washington herald., 1911-02-01
BALTIMORE PRODUCE MARKET.

Baltimore. Jan. 3l--EGGS-Ma-yland. Pennsyiva
MIA and nearby hrsts. per doz-. -; do. Eastern
Shore Maryland and Virginia. =; Western frsts, =;
do. Southern rsts. q; do. West Virginia frsts. .
guinea eggs, aal0.
BUTTER-Creamery. fancy, per H.. 3a2: do.
choice per H.. HAS; do, good per H.. 2a23; do.
imita-ion per h.. lsa2l; do. print, per H.. Aa2s
do, blocks. per III. Z7a2s; ladle. per h.. l7al9;
Maryland and Pennsylvania rolls per h.. Halls
Ohio rolls. per h., lial5: West Virginia rolls pcr
lb. lial5; storepacked, per h., 1ial5; Maryland.
Virginia. and Pennsylvania dairy prints. per h., la
l6; process butter. per H.. 2na21
LIVE POULTSY-Chickens. young: choice. per
lb.. Ii; do. rotns and poor. laal5; old hens.
heavy. per h.. Is: do, old. small to medium. IS;
old ROSTERS per lh l6 ducks old. per lb.. I2al3;
do young white Pekins. fat, 17als do. young Mus
covy and mongrel. l6al7; do. puddle. old. I7als:
pigeons. old. pair. ZaD; do. young, Sa5o; guinea
fowl young IL lbs. and over. each, 40: do. young
small each. 3: DO, old. each. g; geese near By.
per H.. lial5: do, Western and Southern, l2al3;
turkeys young. fat hens. per lh, 2; do, old toms,
lS
The Washington herald., 1911-02-01
GRAIN AND PROVISIONS.

Quotations furnished by W. B. Hibhs & Co.. mem
bers If the Chicago Board Of Trade Hbbs Building.
Chicago. Jan. 3l.-WHEAT-The market opened
steady and has ruled duh throughout the session
within narrow limits Trade seems to have been al
most entirely local. with covering by shorts
and further selling of long wheat the strong
spots.
CORN-The market ruled dull with small price
changes There still seemed to be a fair amount
Of commission house buying The cash market
showed no improvement
OATS-The market was very heavy and under con-
siderable selling pressure from the start. Scattered
liquidation a feature. with buying chiefly on
resting orders. Shipping inquiry very dull
PROVISIONS-Opened easy rather free selling
Of the list by stockyards operaors The pit traders
and shorts were the best buyers and there some
buying of lard and ibs thought to be for packing
The Washington herald., 1911-02-01
LOCAL FINANCIAL GOSSIP.

Washington Gas was q prominent fea-
ture Of the local exchange yesterday,
about $50 shares changing hands at 7s1z.
Washington Gas Is reached 1osH and
ITO. and the IS 1851
Washington Railway and Electric COM
mon sold at 36a and 81. Capital Traction
sold at 12sh. 49,.
Capital Traction IS sold at 112A-
Potomac Electric IS sold at 12s1s.
The typesetting stocks were repre-
sented by Mergenthaler at 16z and
Lanston at 96z.
Merchants and Mechanics Savings
Bank sold at 153.
Provident Savings Bank showed the
sale Of twenty shares at 9s.
Green Cananea figured in two lots of
100 shares each at 6h.
The Washington herald., 1911-02-01
NEW YORK MONEY.

New York Jan 3L-Money call at the stock
exchange to-day opened at "a per cent; highest.
~; lowest. "a: closing at 21s per ont- Mos, OF
the days leans made at 2h per cent
Time money was practically unchanged Funds
sufficiently plentiful. but borrowers were only
tempted by the bid prices business Of mod
crate size. Rates per cent for sixty days; 34a:ls
for ninety days and four months 2Ea5a. for five
and six months. for over the year.
Mercantile paper in somewhst better demand.
especially out of town. some attractive names
offered Rates, 4ai5. per cent for sixty and ninety
DAYS ndorsed bills receivable and choice four To
SIX months single 44a4s per cent for others
The Washington herald., 1911-02-01
BALTIMORE GRAIN MARKET.

Baltimore. Jan 3l-FLOUR-winter extra. ; 45a3 60
do. clear. 10: do, straight 4niio: do patent
47oa4 SIS: spring clear 40OaiD; do. straight. 5.l5a
$40; do patent. 545a57c; City Mills best patent.
615; do. high grade patent, SO; do. high grade
straight $40: do. choice family. 4.i5; do. extra.
choice 4eOai35 Cornmeal. 100 lbs. L3aal.i0. Buck
wheat -four per 160 lbs. 205a25.
RYE-Stock in elevators l04 $50 bushels: shipments
from elevators / 900 bushels No. l He. Western.
domestic ssa90; No. rye domestic. seas7 bag lots.
as to quality and condition. 7saso; No. rye, West
ern domestic Sass; No. ; rye. near by. soasl.
OATS-Stock in elevators, 230lI bushels; ship
ments from elevators. 5.4l9 bushels No. white.
81 s,Ies; standad white 3sE sales; No. white. 36.
No white 56a36I.
BARLEY-Stock in elevators $50 bushels.
The Washington herald., 1911-02-01
CHICAGO LIVE STOCK.

Chicago. Jan. 3l.-Live hogs quiet and steady.
ESTIMATED receipts 1000 Bulk Of prices, T7a9.9:
Tgbt snas 10: mixed and butchers 7.0as 90: heavy
I.;5a7. IS; workers.. sOoas.O5: pigs. 765as.l5.
Cattle steady; estimated receipts, 5000. BeTs.
4soa7c5; COWS and hcifers. Gda60o; Texas steers,
sIsasss stoc,ers and feeders, a7Oa5.aD; Western,
45Ga5.75
Sheep steady; estimated recrpta 1900. Natives.
cga4io; Western, 2?5sLi0; yearlineA 4.5a50;
lambs and Western lambs, 45asD.
The Washington herald., 1911-02-01
COTTON MARKET.

ouo,stions furnished by ". b. Hibbs & Co.
members Of the New York STOCK Exchange. Hibbe
Building.
New York Jan. 3l.-The market developed an ac-
tive demand in the last hour from oca! shorts aho
cnmmis,iru houses. This came chiefly from buying
orders coming in Wall street. from the buishnes =
prevailing there Prices advanced sharply on this
to 10 points from the loves. for the general option
list with March going up to HS by 80 ociocx
Nav IA 90 July ls0l, August 1853 This outburst OF
activity took tho pit traders and carly sellers By
SURPRISE
Local bears fought the rise by selling more freely
and Offering large blocks a point over the Market
hut most of the advance well sustained up To
The Washington herald., 1911-02-01

New York. Jan. 31-The most important
financial and business development Of the
yea- occurred to-day in the announce
ment made this afternoon by the directors
of the Union Pacific and Southern Pacific
companies that they proposed to lmme-
diately begin the work Of completing the
double tracking of the lines of these COM
panies from Omaha westward, including
the building of another track on the Ore
gon Short Line from its junction with the
Union Pacific in Wyoming to Portland,
Greg.
Another occurrence of note was the
publication after the close of business by
the United States Steel Corporation OF
the report Of business for the last quar-
ter of last year. This was only OF inter-
est as showing the exact figures of the
business, as everybody knew that during
the Quarter the iron and steel industry
of the country was at low ebb. The net
earnings for the steel corporation for the
period were in ROUND numbers, S26C00,-
600. as against sS7,O00.ooO in the preceding
quarter. and S4I.OO0,ooo in the last quar-
ter of 1903.
Present Conditions Good.
Attention must logically center, as re-
CARDS iron and steel trade, not upon the
past, but upon present and prospective
conditions, and Wall street and the
business community will pay much heed
to anything in the statement made
by the chairman of the executive COM
mttee of the steel corporation in sub
mittinS the report for the December quar-
ter.
Finally. it may be said, that there was
small If any consideration to-day in bank
tt,cv .,tv .,<- lA 80 .t,4 AvNIt ion,
of the country's national banks as of date
of January :, made public by the Comp
troller Of the Currency yesterday after
noon At first glance, in many quarters
there was a disposition to comment un-
favorably upon that item of the report
showing a decrease in individual deposits
of 1880 0C0 since November 10. 1t was
realized, however. that there had been
no commotion or disturbance of any ac-
count in the business world between the
two dates. and that the figures must be
due to technical concerns of banking
bookkeeping. rather than to any other
cause.
Explanation of the Decline.
The true reason of the decline in de-
posits is in all probability partly that
January :. when the report was taken.
happened to be a Saturday, a date when
the volume of local banking exchanges
was unusually small. which colored in
a very remarkable way the banking ex-
hibit then presented, and partly because
the general commercial and financial
liquidation that has been going on over
the country has been necessarily ac-
companied in recent months by reduc-
tion in bank deposits.
The stock market displayed to a great
er extent than yesterday the peculiar
characteristic of the advance in prices
that is currently going on.
The market reacted for the first half
hour or so of business. absorbed in the
easiest manner possible all the stock that
spectators and others wished to sell, and
then again moved upward in a slow but
ponderous way, indicating with plainness
that much more than ordinary strength
was behind it