davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
The World of Finance and Trade
Washington; New York; London
CHICAGO GRAIN.

CHICAGO; December o-Rains retard-
ing the Argentine harvest and damaging
the crop kept the wheat market today on
i the advance, Closing prices were firm, Ia
VI to ~ higher than last night In corn
there was a net loss Of u to ssa1z; oats
finished unchanged to 1saA up. and hog
products varying from 5a71a decline to a
rise of 22h
For the December delivery of wheat the
market recovered entirely the previous
losses Of the week and for May all but 11c.
There was a great deal of buying on the
part of shorts. including some who had
taken similar action yesterday, though
OIL a smaller scale. Considerable miscel-
laneous commission purchasing aided. too,
in sending quotations up grade. Another
help was the fact that shipments from
clearing of wheat from Duluth being main
ly responsible. That port sent out today
steamers carrying a total OF 2OO.OU
bushels. In this connection the decrease
in Chicago stocks for the week was estt-
mated at 945, 600 bushels
1t was also reported that Montreal and
Winnipeg reported export demand brisk
not only from Great Britain. but other
European countries as we'll Between the
opening and the close May ranged from
99A to 1.OOssa1 COZ. with last sales 1.Uss.
a gain of %aH net
Impending large receipts weighed down
corn despite the bullish influence of wheat.
There was every indication of a heavy
run for some time if only the weather
held good May fiuctuated' from 64ss to
GAS. closing fairly steady at GAS, net
loss Of "a. Weakness principally was in
December and cash. The latter, which
had practically no support, fell l to 1k.
No. yellow was not quoted at all.
Most of the time oats took color from
wheat and sold higher. Besides, the bulls
had the advantage that primary arrivals
this week Gid not show such an increase
over last year as in other grain. Top and
bottom levels touched for May We're 495s
a5O, and 49*a49a4, with the close 1saA
up at 1915.
Although provision stocks were known
to be double the supply year ago, the
hog run west this week was $4,000 less
than for the previous seven days Accord
ingly the market did not swing far either
up or down. In the end, porh showed a
decline of 5 to 5a71a. lard was 2h or, and
ribs ran from ) lower to an advance
of 2k.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
LONDON WOOL MARKET.

LONDON, December 2.-The wool sales
were continued today with strong
and active demand. Prices generally
realized S per cent higher than the
opening prices of the sale. A good sup
ply of mer!nos and Victoria secured
realized good prices, and were taken
by French buyers. Light greasy cross
breds were purchased by the American
representatives. The offerings to close
December IL aggregate 74,450 bales.
The following is the sale in detail:
Offerings today. 10.906 bales; New
South Wales. $500 bales, secured. 1sa1s
I'D; greasy. 5hda1s 2hd: Queensland,
1000 bales. secured. Is hda1s Sd:
greasy, 71lda1s Id; Victoria. 500 bales,
secured, is 1da2s lad: greasy. 9da11d
South Australia, 5000 bales, greasy.
5Edals: western Australia. 1900 bales
greasy. 51zda1s I'D: New Zealand. $50,
bales, secured, Is 3da1s "a; greasy.
5 Y da1s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03


more service to the owner than to any
dreamer who may imagine he owns them.
They neither gladden. the eye nor are
they Of utility to the hand. They rest tn
the darkness Of the vault. as idle as
when the gold was In. the quarts Of
California mountains.
This is but a new illustration OF the
world old truth Of the vanity Of posses
sion, the ownership. Of what one cannot
use According to Burns. those that hae
meat but Gamma eat" are as badly or
as those that want 1t. And In the Irish
story the lord that went tfamping
through his woods at dawn to get an APP
petite for his breakfast was not hap
hand. trying to get breakfast for his
A Latin proverb says: He is a philos-
opher that uses his eartherware.. a. IL
4 were silver, and he not less 80 that
uses his silver as II II were eartnenware.
in these days however. even the most
thorough philosopher dare not use his
gold Ike eoTtho0WAFo s.ss--- :
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
CHICAGO.

CHICAGO. December 2.-Cattle-Re-
ceipts 600 head; market steady. Beeves.
4.59a9. 10; Texas steers, 4.lCa5.75: west
ern steers, 4.O0a7 .15: stockers and feeders,
:lOOa5.75; cows and heifers, 1.90a5.90;
calves, 5.JoaS.2j.
Hogs-Receipts, 1900 head; market
weak to a shade lower than early. Light.
6Ha6.3G; mixed. 5.90a6.50: heavy, $50
a6.5o: rough, 595a6.20; good 10 choice
heavy, 6.20a65o; pigs, 4.50a5. 70; bulk OF
sales, 615a6.f0.
Sheep-Receipts, $50 head: market
steady Native. 2.5Gai.o0; western, 2.75
aA.OO, yearlinas. 4.o0a5.2j; lambs. native,
4.OOa6 10; western, 4.OOa6.10
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Northern Pacific Helped.

The Northern Pacific report for october,
showing gain in net earnings OF $552.
Oo0 was factor in strengthening the
stocks of the western roads. For some
months the earnings of Northern Pacific.
like those of other large northwestern
roads, have not made favorable exhibits.
Louisville and, Nashville reported a gain
In net of nearly $250,0O0. and Missouri,
Kansas and Texas a decline of about
100000
Unexpectedly large changes were dis
closed in the bank statement. The loss
of cash of S19, 500. 600 as shown in the
actual statement, far exceeded prelimi-
nary estimates This change. as we'll as
the falling off of nearly $5O.OO0,O00 In net
deposits and the S25.C00,0OO loan de-
crease probably was due prl-
marily to the shifting of accounts in con-
nection with December first interest and
dividend payments. The weeks move
ments all but consumed the surplus re-
serve, which was reduced to nominal
figure.
The bond market was active and firm.
Total sales par value. s., sol 900. United
States As, registered, lost Is on call on the
week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
BEARS HELP UPL|FT
Strength of Market Frightens
Them Into Covering.
SCANT SUPPLY OF STOCKS
Offerings Are Not Large, Even on
Upward Movement.
BOOM Is HELD TECHNICAL
Other Factions, However, Enter Into
the Making Of Favorable Senti-
ment-Good Business Reports.
BOOM Is. HELD TECHNICAL

NEW YORK, December AT the end
Of the week of bear selling and heavy
markets the character Of trading changed
and stocks rose. The demand was pro-
portionately, larger, and stocks were not
In plentiful supply, with the result thai
there are many gains of one to two
points among the prominent issues.
Several factors, such as favorable trade
reviews, an optimistic statement by the
head of one of the steel corporation s
largest rivals and a sharp rise in Gould
securities helped to bring about more
cheerful speculative sentiment.
Bears Overextended.
1t is probable. however. that technical
market conditions were largely response
BILE for the rise. Bear selling had been
carried on steadily most of the week,
with a resultant expansion of the short
account When some covering was at
tempted prices stiffened so readily. that
the short interest showed signs of ner-
vouSnesS. Covering was carried on heaV-
ily during the last hour of trading, es-
pecially in the favorite speculative
shares.
The rise in the Wabash securities was
thought to be in anticipation OF de-
velopments next week in connection with
the reorganization plan of wabash Pitts
burgh terminal, under which 1t is eX-
pected that the position of the Wabash
will be strengthened. The per cent
bonds at one time showed gain OF
neariy four points and the preferred OF
two and a half.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
METAL MARKETS.

NEW YORK. December 2.-The metal
markets were dull and more or less nom1-
and electrolytic copper. 13ha13A; casting.
12Xa12N. Tin, 45 75a46.75. Lead. 4.4Oa
$50. Spelter, 6. 7Oa8.9O. Anthony, Cook
sons, 7.S71ka8.OO Sales Of southern iron
are reported at lower prices. and north
ern grades are now quoted at 14.5Oa15.OO;
southern, 14.OOa1475.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
CATTLE MARKET.
NEW YORK.

NEW YORK. December 2.-Beeves-Re-
ceipts, 2,221 head no trading; feeling NOM
tnally steady Dressed beef firm at to
12Ik for natives sides. Exports today,
1,2.Jo cattle.
Calves-Receipts 36s head: feeling nom-
inally firm. City dressed yeals strong at
9a121z.
Sheep and lambs-Receipts. 22JS head
market active and firm, ordinary to prime
sheep sold at 2.15a3.25; yearlings, 4.25;
good lambs. 6.o0a6.121a.
IIogs-Receipts, Isis head; feeling
nominaiiy firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
The Vanity Of Possessions.
New York World.

From the New York World.
Recently distinguished lawyer and
statesman who had celebrated his golden
wedding anniversary. received wealth
of gifts, all of them Of the finest gold.
some Of them OF workmanship SO beauti-
full that 1t adorned the goid itself and en-
HANGED IT'S value. For day or two the
happy owner kept the presents in his
house, but always there was fear o.
thieves. so In the end he sent them to
the city to be locked up I'm q safe-deposit
vault
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
NEW ORLEANS.

NEW ORLEANS, La, December e.
Cotton futures opened steady, one point
up to three points off. Cables were con-
siderably better than due, but enough
cotton was offered to prevent the market
from making an advance on the first
call. The close was steady, unchanged
to one point up. Around the call prices
of the most active months were l to
2 points down. but a little later shorts
were good buyers. and scalpers went
long for a turn, with the result that
everything offered was absorbed. Private
cables around the middle Of the morning
immense buyers of contracts in the
Liverpool market. This stimulated buy
ing here for long account, and the trad
ing months were put to points over
yesterdays close. Strong bearish in
terests commenced selling on the rise
and warmer weather for the entire cot
ton region was help to the bear side.
as it indicated a return of good pick
ing weather.
Spot cotton steady, unchanged: mid
ding 3-16; sales on the spot $40 bales;
to arrive, 1900 bales.
Cotton futures closed steady. Deem
Der, S.Si; January, $50; March, s.S7;
May, S.95; July, 9.O5; August, 800.
The cotton market this week compared
with the last few weeks was fairly broad
and active. The tendency. Of prices was
downward. The bear side was aggres-
Sive, crop estimates were large and IT
was generally claimed by spot people that
they could trade very easily with the
interior. The net results of the week
in the futures market We're a decline of
SO to 80 points. The high prices were
made on Monday and the low prices on
Saturday: at the highest the trading
months were IA to Is points under last
weeks close: at the lowest they We're
81 to Al points under. The range Of
prices was 81 to %, points.
The week was featured by many crop
estimates and they reflected a wide range
of opinion, the lowest being 1890, COO
bales and the highest 15.S00,O00. The
large crop estimates had more influence
than the small and 1t was generally. con-
sidered that the largest figures mentioned
above put out by prominent cotton man
in the interior had much to do with the
decline of the week.
It was the claim of many brokers that
the large crop guesses were causing hold
ers of spots to let go.
The weather of the week was on the
whole unfavorable for picking the crop.
Temperatures were too low, and consider
able rain fell in the early part. The
weather, however, had little influence on
prices.
In the spot department middling lost
3-16, closing at 8 3-16 cents against 9sss
cents last week and Ia u-16 cents this
week last year Sales on the spot amount
ed to 1927 bales, against 2,7cS last week
and 3 $50 this week last year; sales to ar
rive amounted to 9,O75 bales, against
1902 last week and 9OO5 this week last
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
BALTIMORE MARKETS.

BALTIMORE, Nd. December 2.-Wheat
-Firmer: spot contract. 80; southern on
grade. 82h.
Corn-Easier: spot contract new, TO-
Oats-Firm; No. 2, white, 53Aa54.
Rye-FYrm: No. 2, western domestic,
1O1a1.O2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Less Friction Than Formerly.

There is less friction at the present
time than in the last decade between the
various powerful factions Of Wall street.
They all appear to be working together.
or at least without open friction or dis
turbing background intrigue. They seem
to have reached the conclusion that there
is enough money in the world for them
al and that there is no need of fighting
over the spoils. This understanding
would seem to promise the near approach
of a financial millennium.
Some of the more important railroads
are already planning ambitious schemes
Of financing. There has lately been free
distribution of supplies Of bonds on the
shelves of the banks and underwriters
and the situation Is once more getting In
shape for the handling of new issues. It
is understood that New York Central Is
about to issue another big block OF bonds
with which to finance its vast plans OF
Improvement and betterment as well as
to effect that long-talked-of consolidation
of the several railroads embraced within
the Vanderbilt Jurisdiction. Other roads
are preparing to take up large outstand-
ing issues of short term notes and bonds
with long time bonds. Several hundred
million dollars Of this short term paper
is outstanding and will mature within the
next two or three years. When the money
market gets in right shape there will be
plenty Of candidates for the surplus avail
able in that direction.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
DRY GOODS MARKET.

NEW YORK. December 2.-Fruit Of the
Loom "A muslin was reduced to TIC as
Of December 4. this being the lowest price
quoted since 1905. Trade i'm cotton goods
for the day was moderate. but steady.
Linens in low grades are tending to q
'lower-price basis. Fine cottons are quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
COTTON MARKETS.
NEW YORK.

NEW YORK. December AFTER maxi
ing new low records for the season early
today the cotton market rallied as re-
suit of covering for over the week end q
moderate demand from trade sources,
with the close steady net points lower
to points higher; February being D
points lower. while other positions were
generally unchanged to 4 points above
the closing figures OF yesterday. The mar.
ket opened steady at an advance OF
points to a decline of 4 points. near
months being higher in sympathy with
better cables than due. while late months
reflected continuation Of the recent SELL
ing movement, with the general list soon
showingta net loss of from to 8 points.
and with all the active months making
new low records for the season. Active
covering, or realizing by recent sellers.
for over the week end checked the de-
cline around S.62 for January, and the
market later rallied to ST. for that posi-
ton, to about to 6 points net higher,
but the undertone was more or less
nervous and unsettled during the entire
half session.
Private cables attributed the relatively
steady showing of Liverpool to heavy
American and continental buying, and
the showing of the weekend figures,
which indicated heavy spinners' takings
and smaller increase in the worlds visi-
BILE supply of American for the week than
for the same week last year, may have
promoted little buying for a reaction,
but there We're continued rumOrs of big
ginning returns, also run1ors of a. failure
in the Russian spinning trade. and private
advices from Texas reported spot cotton
Offering freely at lower prices. At any
rate. bullish features were but little en-
phasized around the local ring. and offer
ings were heavy enough in the late trad
ing to close the market few points off
from the best. The continued December
premium is attracting attention as argu-
ing concentrated long interest in that
ing of December by spot houses today,
December closed % points over January.
A prominent Wall street house issued q
crop estimate of 1850 600 bales, and a
well known local spot firm reported ad-
vices from the south indicating Il, 1913 600
bales ginned to December l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Condolences.
BOSTON. December 2.
From London Opinion,

from IQnuon Oplnton.
Gwennie--Why did you refuse him IL he
is such q prudent man?
Gertie-He said he thought II he got
married he could save more money.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Is Hill in Control.

One Of the interesting stories afioat in
the street this week is one to the effect
that the interests which group about James
J. Hill have obtained control Of the st.
Paul railroad system, and that it will be
operated hereafter under Hill supervi-
sion if not his actual management. St.
Paul has cut heavily into the earnings Of
Great Northern and Northern Pacific, and
the sharp rivalry that has existed has re-
duced net revenues all around. st. Paul
has been a thorn In the flesh OF Mr.. Hill
for many years, and especially during
the last two years He never found q
way however, to get rid of the annoy
ance for the reason that the destinies OF
st. Paul were lodged with Mr.. William
Rockefeller and his associates group
dangerous for any party of financiers.
however strong, to engage In brutal
struggle for supremacy, where no quar-
ter was to be asked or extended. II the
story now in circulation be true, and II
Is not unreasonable. the two great inter-
ests must have met on neutral grounds
and reached terms OF settlement satis-
factory to each. It. has been surmised
for some time that Mr.. Rockefeller would
be glad to escape the burden Of further
management of st. Paul. His other In
terests are diverse and tremendously Inn
portant. His copper interests alone make
demands upon his time and resources
that are staggering. He is believed to be
concentrating his fortune, and to have
sold large blocks of securities In other
properties during the last year. He Is
getting to be an old man apd his health
Is none too good.
:. Financiers OF Great Britksn and the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Too Common Here.
-. 49, r,...,r paaora

From the Boston Record.
Lovely sunset tonight, Mrs De Swell .
Mercy, I never look at an American
sunset! They're so much more classy over
] In Italy, don't you know.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Hope Of Wall Street.

Wall street is beginning to entertain the
notion that there may be hope after ali
for change in the law that will conform
to it's demands, even though it be i'm
possible to obtain full repeal of the enact
ment. In this respect there has been quite
a change in the accepted Wall street
theories Of a few weeks ago, when every.
thing was confessedly lost and ruin star
ed the nation in the face. According to
the Wall street angle, there is now hope
that the administration and Congress may
awaken to the need of changing the laws
closer sympathy and accord with the lat
est kinks and frills of down-to-date meth
DDS of hand ing large business.
Leaders Of high finance and the captains
of industry are far from being Of one
mind as to the desirability of a national
incorporation law. If they can have just
the kind Of law that would meet re-
quirements as they see them. the big In
terests of Wall street might not be averse
troll of big business. but they are by no
means sure that the administration and
Congress will be able to see things
through the glasses employed in the head
quarters Of the money kings. That Is
going to be an issue OF very great I'M
portance to Wall street, and one upon
which there will eventually be substantial
agreement. In theory, it will be very
nice for big business to be relieved from
the harassments of state laws, but If the
relief can only come at the expense Of
corporation inability to manage its own
affairs, then things will be different.
Wall street Is going to have plenty to do
from now on trying to keep the states
men within limits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03
Higher Education.

From the Pittsburgh Post.
this session. -
HE has learned that he'll have TO tbe
vaccinated. that his eyes are not mRses
and that his method Of breathing Is en-
~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-03

continental countries as well as Canada
and the United States who have been long
associated with Mr.. Hill in his northwest
ern enterprises are known to have gone
heavily into Union Pacific. Mr.. Morgan
and Kuhn, Loeb & Co. represent immense
holdings in the Hartman lines. and 1t Is
quite within the bounds OF reason to as
sumo that all Of these transcontinental
systems that tap the far west and con-
meet the Mississippi with the Pacific Will
be doing business on the most cordiai
terms.
La Junta tribune., 1911-08-26
investigating Our Prosperity.

In order to secure first hand in
formation concerning the prosperity
Of the Arkansas Valley and what will
be the conditions later IN the year.
j. e. Burnett, assistant general
freight agent OF the Santa fe at To-
peka. D. W. Orr. division superin-
tendent OF the Santa Fe at La Junta.
and General Agent W. O. Skinner.
OF Pueblo. made trip down the
valley this week from La Jun,a east
to the Kansas state line.
Mcssrs, Burnett and Orr spent one
day In Pueblo this week comforting
with Mr, skinner. and it was decid.
ed to personally study conditions in
the valley. II. NJ. Hare. OF La Jnnta,
travelling freight agent OF the Santa
Fe. will make a trip through the
upper part OF the valley. going from
Canon City to La Junta. where he
will meet the other officials
La Junta tribune., 1911-08-26
Prizes Fer Flax Growers.

Colorado flax growers can compete
for two beautiful silver cups at the
International Exposition OF Dry Farm
ed Products. at Colorado Springs. the
week OF October 10th. l.. r Mine
hart. OF Denver. an enthusiastic boost
or OF flax growing. believes that the
crop has big future and has Offered
these cups for the bes, display OF
Colorado non-irrigated flax
The cups will cost s2j and $50 re.
spectively. In making the awards
the best average results and quality
OF the flax will be considered The
year has been dry one. but good
reports come from various quarters.
and Mr. Minehart believes there will
be many competitors. Those who
wish to compete should write to See
retary Burns at Colorado Springs for
special rulings and information.
La Junta tribune., 1911-08-26
Gard Of Thanks.

For many acts Of kindness and
sympathy shown us by neighbOrs and
friends during the recent Illness and
death OF our beloved husband and
father. We desire to tender our sin
cere thanks. and assure them OF oui
grateful appreciation.
SIrs. John Howe.
]. Fred Howe.
Mrs. J. J. Childers.
Mrs. X. J. Johnson,
Charlotte Howe.
Bonna Howe.
La Junta tribune., 1911-08-26
Prepared to FIN Coal Orders.

We now have complete stock OF
coal on hand. and are amply prepar-
ed to care for your winters needs
In Canon lump, Canon nut, Rugby nu
and furnace coal
We are filling others bins and
Easements now: let us figure on
your winters supply.
Careful attention given all orders.
CROZIER COAL COMPANY.
La Junta tribune., 1911-08-26
sisbss Home.

The Bisbee home. the best built
house In town. for sale. on reasonable
terms. BY
S. r. MENDELSON.