davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
NEW YORK PRODUCE.

NEW YORK, January 6.-F1our-Stead-
lily held with a quiet trade. Spring pat
ents, 5.1Oa5 40: winter straights. 4. 15a4.2';
winter patents. 4.35a4.70; spring clears.
4ooa4 10: winter extras. No. /. 3. 7oa3. 80:
winter extras, No. 2. 3.55a365; Kansas
straights. 4.6oa4.75. Receipts. %, 1872 bar
rels: shipments, 1905 barrels.
9 Mye CHOICE mIut to fancy, 4.s5asi5.
Buckwheat fiour-Quiet. 2.15a2.S0 per
100 pounds.
Cornmeal-Steady; fine white and yellow.
| 1.50a1.5o; coarse. 1.4oa1.5O; kiln dried,
1856.
Rye-Quiet: No. 2, 96 C. i. +. Buffalo.
Barley-Steady; mailing. 1.1Sa1.3O C. I. T.
Buffalo.
Wheat-spot. barely steady; No. 2. red.
99h elevator. and 1oOA I; o: b. anoat'
afioat. Futures market opened easy on
the cables rallied on small receipts and
firmness in the northwest and bullish pri-
vate cables from Argentina. but sagged
off under weekend realizing. closing y
to &c net lower. May, 1o5ha1.O5 9-i1.
closed, 1.O5A; July closed, 1.OO3s. Receipts,
6. 400 bushels; shipments. 400 bushels.
Corn-Spot. steady: exports. new. 6SA
+. O. b. afoat. Futures market was nomi-
400 bushels
Oats-Spot, firmer; standard white. IS in
elevator; No. 2. ssh; Nos. and 4. 30:
| natural white and white clipped. 521sa57
T
Receipts, 65,775 bushels; shipment, 1.750
bushels.
Hay-Firm; prime. 1.3o: No. /. LISA
100; No. 2. 1.1oa1.15: No. 8. s6a1.oo.
Hops-Dull; state common to choice.
1911, 48a56; 1910. nominal; Pacific coast
1911. 45a50; 1910, nominal.
Enthusiastically; Central America, %:
Bogota, 22ta2oh: leather. Arm; hem
lock firsts: 25s27: seconds. 24ass:
port-Eirm. ness ~ ooa17 "a. fam.
lily, 1s.00a20.00; short clear. 17.25a1S.50.
Beef@Firm; mess. 1s.ooa1s.So; fam
Beef hams: ,ss;ooas1,oo: out meats.
81: picked hams. 11a11A.
Lard-Firm: middling west prime.
9.35a945; refined. firmer; continent.
$50; South America, 1045; compound,
6a4a7.
heads. 6: special ss; country. 5Ha6.
Cotton seed oil-Steady: prime crude
southeast. 4.24a4.27; prime summer
yellow. 5.25as. January. 5.27as.se:
Appil 5:4sa 5.5': May. 5.5sa5.5S.
Petroleum-Steady: refined barrels.
$50; refined New York. bulk. 400:
Philadelphia, barrels. $50; .Philadel-
pn Woo Is, a;SS domestic fleece Xxx
Rosin-Firm; strained. common to
good. 1925.
Turpentine-Quiet; machine barrels,
, 81.
Rice-Steady; domestic, 3a5; patna,
5Za6A.
Moiasses-steady; New Orleans open
kettle. 35a50.
Raw sugar-Quiet: Muscovado, 80
test 3.s2: centrifugal. SO test. 4.42:
molasses sugar. 50 test. 1857.
Refined Sugar-Quiet; cut loaf, Gas:
crushed, 635; mould A. 500; cubes.
$50; xxx powdered. $50; powdered.
525: granulated fine, sos; diamond A.
5.65: confectioners' A. $50: No. l, $50;
No. 2. 5.45: No. 3. $40; No. 4, 5.35; No.
| Sis; No. 3. $40: No. 10. sos: No. IL,
| 500: No. ~, 4.94; No. IS, 40; No. IA.
40.
Potatoes-Firm.
Freights and peanuts-Unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
FOREIGN MARKETS.

LONDON, January. 6-The first week
or the new year on the stock exchange
produced cheerfulness and more gen.
eral steady undertone, with substantial
advances recorded in various sections.
The temporary ease in the money mar
ket assisted the gilt-edged section mod
erately. Omnibus stocks and underground
rails were again prominent on fusion ru-
mors, but closed below the best. Ship
ping shares We're steadily absorbed for
local and continental account, while div
, idend possibilities attracted increased at
tention toward Mexican rails and Mex
lean mines. Crop news and strike fears
depressed Argentine railroad shares. and
although better cotton trade prospects
cheered home rails yesterday, they fin
ished uncertain on renewed fears Of coal
strikes.
The American department started the
week well under the lead of Union Pa
cific and United States Steel shares, but
on fears of cut In the steel tariff and
bear pressure the Improvement was
more than wiped out The close was
easy. unchanged to a dollar off on the
week, except Denver and Rio Grande,
which showed a net gain of two dollars.
The money market Unexpectedly repaid
much of the debt to the Bank OF Eng
land and with supplies plentiful discounts
eased considerably. but caution against a
rapid decline was advocated pending more
definite knowledge of the foreign gold
requirements.
quiet. The stock exchange closed the
week irregular, but quiet. Home rails
were depressed on labor troubles in the
coal and cotton trades. Arse tine Sc
curities declined on labor troubles and
crop news. kaffrs and rubber shares
hardened fraction. The final tone was
dull. The market for American securi-
ties opened dull. with only fractional
changes from yesterdays New York
closing prices. The closing was quiet, I'M
changed to Is net higher
PARIS. January 6.-Prices on the
bourse were steady today.
BERLIN. January 6-PrceS on the
bourSe today Were uuiet but firm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
The World of Finance and Trade
Washington; New York; London.
NEW YORK BANKS.

| NEW YORK, January 6DTne state
ment Of clearing house banks Tor the
| hold $23,725 $50 reserve in excess OF legal
requirements. This Is an increase OF
$7,T2, $50 in the proportionate cash re-
| serve. as compared with last week.
The statement follows:
Loans, 81. $50. o55Ooo; increase. S15.sss.
/ Specie, $ss5.os1. 600; increase. s13.512,-
Legal tenders, $s7,2U.ooo: increase. 81
Net deposits. *l.7Ss,A2aooo; increase.
Circulation, s5o,ess,ooo increase. $l7s.-
Banks cash reserve in vault. $751;. e99.
600.
| Trust companies cash reserve in vault.
$64. 632. 600
Aggregate cash reserve, $422. 900.
Excess lawful reserve, So, 725,65O; in
| crease. $7.272.4O
| Trust companies reserve with clearing
house members carrying % per cent cash
| reserve. Sol .27S, 900.
increase, $15.374.000.
Specie. sa41,5ss,ooo; increase. s13.-
Legal tenders. ss7,se5.ooo; increase.
| Net deposits. ;1.7ss.s1s.ooo; increase.
Circulation s51.122. 900; increase $751;
900.
Banks cash reserve in vault, $780,
| Trust companies cash reserve in vault,
| $63.303.0O0.
Aggregate cash reserve. $42s.5ss.o0o.
| Excess lawful reserve. $27.23s,100; in
crease. $8.242.250.
Trust companies reserve. with clear
| ing house members carrying 25 per
cent cash reserve. $74.16S.000.
| Summary of state banks and trust
companies in Greater New York not re-
porting to the New York clearing house:
Loans, $612,935,300; decrease, 3d.
9S6,900.
Legal tenders. $11.o31.60o; decrease,
Total deposits, ssso.274.5oo; increase.
$7,374.S00.
The Financier will say:
"Cash continues to flow in the direc-
ton Of New York. the statement OF the
clearing house banks for the week
ending Saturday having shown an ex-
pansion in specie and legal tenders of
$14.51O,00O. This was due not alone to
receipts from the interior. but to OPP
erations through the subtreasury as
we'll Loans for the week increased
s15.374,00O and deposits $13.91S.000, the
latter item having been apparently
smaller than should have been the
case. taking the other changes into
consideration. The gain in cash went
for the most part to swell idle reserve.
the excess for the week showing a
gain of $s242.250. bringing the excess
above the % per cent minimum to
$27,239,100. The peculiar feature of
the statement was the large gain OF
trust company reserves carried with
clearing house members. the present
weeks total standing at $74.156,000, as
against $50. 900 last week, an ex-
pansion of $14.544.000. or practically
the entire cash gain reported by all
the clearing house institutions for the
week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
CHICAGO GRAIN.

CHICAGO. January 6.-Although wheat
traders here refused 10 swallow many of
the more sensational reports from the
Argentine TO damage by rust and rain.
the market today showed stubborn tend
ency to move toward a higher level.
IN the end prices varied from Is of to
q shade advance over last night. Corn
finished : 10 isal. up. oats Is down TO IS
gain and provisions at AN increased cost
o. .l2 TO >.
Soft spots in the wheat market today
we're almost invariably from realizing by
longs, who were taking profits and clean
ing up for the week. The most infiuen-
tial purchasing came through private
wire houses and was based on dispatches
from Buenos Aires where, despite better
Weather for the harvest. crop DANA ge
reports had taken radical turn for the
worse
One authority there although belittling
the alleged injury from rust, made the
export shortage greater than indicated
10y any previous estimate. Another eX-
pert figured that the crop had been hurt
as much as "a per cent Such assertions
were generally regarded a. extravagant,
but even after being discounted did not
fail 10 have some bullirb effect.
The severe cold prevailing in the United
States acted also against the bears. pri-
mary receipts falling of more than half
compared with last week. and pointing
10 liberal decrease In the visible sup
ply. May fuctuated between 1Ol and
i.0ila closing steady. shade up at
l.olha1.O1Ss.
With temperatures so reduced that rail-
roads We're working slow and farmers
hauling little. corn prices developed
strength. May ranged from GA to 6i7s,
with the close steady. lsah net higher at
t+l2. Cash grades were firm. No. yell
low was quoted at 69a1V for old.
Oats scored substantial advance. but
reacted on realizing sales. May ranged
from 49A and 49h. with last trades lilo
above last night at 49n.
Higher prices for hogs carried pro-
visions up bit Pork closed 2lza5 to III
higher. and the rest of the list at an ad-
vance Of "a to 8
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
week END IS Dull
Market Closes at Near Best
Level of the Day.
DAYS NEWS is ROUTINE
No Developments Of Special Interest
to Traders.
BANK STATEMENT SCANNED
Street Discusses Small Difference
Between the actual" and
Average" Figures Given.

NEW YORK January 6.-The brief
session on the stock exchange today
brought little change from the dull and
irregular tendencies of the preceding days
Of the week. The more active stocks, such
as United States Steel. Union Pacific and
Reading, were relatively neglected at the
outset. and such activity as they dis
played later was often due to bearish at
tacks.
Lehigh Valley. Rock Island preferred
and American Can preferred were the
strongest stocks at the opening. Great
Northern preferred also made a smart ad-
vance on the publication of It's November
earnings, which showed a gain of over
100000 in operating income. Norfolk and
Western also reporting favorable Novem-
Der earnings. was moderately active at a
slight advance.
Goes Up and Down.
The list alternated up and down with
in a narrow range for the greater part of
the two hours. some early losses being
recovered. while in other instances
gains gave way to declines. Toward the
close prices hardened generally, except
for Central Leather preferred whose
forthcoming earnings are said to be
poor. and American Beet Sugar and Porto
Rican Sugar. Elsewhere in thelist final
prices were at or near the best of the
day.
The days news was of a routine char
acter. embracing forecasts of last
months operations by the United States
Steel Corporation. One estimate of the
steel tonnage for December put the fig
ures at $4,000 tons over the preceding
month.
The bank statement was a notable
document if for no other reason than
that the usual differences in average
and actual figures were far less pro-
nounced than usual. Average loans in
creased S15,3SS, 600. while the actual in
crease was within $4,000 of that figure.
The actual cash gain was over $14. 900. 600
somewhat under yesterdays estimates
with an increase in reserves of $S.242, O00
The reserves of the trust companies in
the clearing house increased almost $15.-
sUO.OU over the previous week.
The bond market was firm, speculative
issues figuring largely in the unusually
large dealings, with fairly good demand
for the higher class mortgages. Total
sales, par value, were So, 49, 900.
- United States government bonds We're
unchanged on call during the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
new YORK FRUIT.

NEW YORK. January 6.-Evaporated
apples are quiet, but prices are very
Arm: on the spot fancy are quoted at 1Oa-
1O1s; choice. 9a9h: prime. S%a9.
Prunes are firm with good jobbing
demand: quotations range from to l3i
for Californias. up to 3O-4Os and 1011s to
IL for Oregons.
Apricots are quiet. but firm in sympathy
with the coast: choice, 15a15k: extra
choice, 16a161t; fancy, 16al7.
Peaches are firm but inactive: choice,
11ka111s; extra choice. 11Aa12; fancy.
12laa12A.
Raisins are dull and nominal; loose
muscatels are quoted at 5Na7; choice
to fancy seeded. 7kaSk; seedless, Cat;
London layers, 14Oa145.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
TREASURY STATEMENT.

At the beginning of business yesterday
the condition Of the United States Treas.
ury was: Working balance in Treasury
Offices $50. 500. 26S In banks and Phil.
ippinc treasury. $34. 473. 10. The total
balance in general fund was $127 .JO6,3G0
Ordinary receipts yesterday were, 81, 469.
Ill. with ordinary disbursements Of 1887.
ID. The deficit to date this fiscal year
is 81. 345. 49, as against q deficit OF
IS 9O1. SAT at this time last year. These
figures exclude Panama canal and pub
lie debt transactions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07

NEW ORLEANS. La. January Scot
ton-Spot firm. 1-16 up: middling. 9N
sales on the spot. AIS: to arrive $50;
low ordinary, 59-16, nominal; ordinary,
tx, nominal; good ordinary. 1916; strict
good ordinary. 3-16: low middling, Sh !;
strict low middling, Sa; middling, 8K !:
strict middling. OF; good middling, 9X !;
strict good middling. 915-16: middling.
fair. 1ON: middling. fair to fair. 1Oss; fair,
II cents, nominal
Receipts, $3.50 bales; stocks, So, 1872.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
DRY GOODS MARKET.

NEW YORK. January S.-The cotton
goods markets were steady and un.
changed. Jobbers are slowly increas-
ing their business on wash fabrics
Retailers are featuring domestic cot
tons at low prices. Wool markets hold
steady, with tendency toward Arm
ness on foreign grades. Linens are In
fair spot demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07

not seem to have any very telling effect
IN this locality, as our prosperity is
measured by the crops and the prices for
same"
And President e. r. Swfnney Of the
First National Of Kansas City tells me:
Il see nothing In the business outlook
to warrant the country In feeling blue.
Taken as q whole. the general situation
Is rather yeassuring, although by this I
do not mean to predict that the Sc
curity markets are going to be bu0yant.
or that times are propitious for Ia :nch-
ing new enterprises. We are just enter
ing a presidential year. which naturally
carries with 1t more or less uncertainty
as to the outcome and future policies of
government. / see nothing In the situa-
ton to justify the belief that the country
will experience an acute business revival
1t seems more likely, judging existing
conditions in the light of the past. that
the present conditions Of readjustment
may. in some lines at least be c q tinued
little further. in which event business
revival may be somewhat slow. but in
my opinion 1t will be steady.
This sort Of development would be
better in the end, as 1t would assure Q
stronger foundation for our future pros
perity."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07

What is significant Is that however con-
sentative may be any financial or indus
trial authority-as illustrated in the ex-
pressions foregoing-the final view is that
any impeachment to prosperity can only
be temporary. The bad things are not the
things ahead Of us-they are what have
left their worst behind US. And this
faith is certified by developments in the
business world Of significance unmistak-
able-illustrated by wholesale starting UP
of Idle cotton mills In New England. by
Pittsburgh's rousing iron and steel re-
vival by the final temperance of the
great railroad system as buyers of rails
and equipment-by what in conspicuous
instances represents a complete reversal
of the long-maintained policy making
poor-mouth pleas to extenuate unprece-
denied maintenance economies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
BALTIMORE GRAIN.

BALTIMORE. Nd, January 6.-Wheat
F'irmer: spot contract. 81.
'orn-Firmer. spot contract new, Gas.
oats-Firm. No. white ;,4a.4l.
Rye-Quiet No. western domestic
u1a OF.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
CATTLE MARKETS.
NEW YORK.

NEW YORK, January 6.-Beeves-Re-
ceipts, 6s7. Nothing doing; feeling un-
changed. Dressed beef firm at 81 {"
121Ic per pound for native sides. Letes
cables quoted live cattle selling at Lon.
don at 1914 to l5a4c per h.. dressed
weight: at Liverpool. l. TO l2%c. Elk
ports today. 40 cattle.
Calves-Receipts, 156. No trading: feel
ing steady City-dressed veals. 123S to
l6ikc per h.. country dressed. II TO 1lc
Sheep and lambs-Receipts. ASS. Mar
ket steady; no choice offered; sheep. 2.t0
a3.75; culls, 200; lambs. 6.S5a7.3J; culls.
400.
Hogs-Receipts, 1895. None Or sale;
feeling nominally steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
CHICAGO.

CHICAGO. January 6.-Ciose: Cattle
Receipts. 800: market steady. Beeves.
4.75aA6O; Texas steers, 4.20ahO; western
steers, l.3Oa6.00; stockers and feeders.
325a5. 20: cows and heifers. 2.00aA401
calves 5.5Oa8.5O.
Hogs-Receipts. 1900; market 5a10c
higher than yesterday; light, 5.06ae.30:
mixed, 6O6a6 45: heavy. 6.O5a6.5 50: rough.
g. O6a6 20: good to choice heavy. 620a6. 50 ;
pigs 400a5.70: bulk or sales, 630ae4O.
Sheep-Receipts. 1.500; market steady.
Native. &1os4O western. $500;
l&O; western, 4.75a6.65.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07

to be considered first by the lower branch
Of Congress has not as yet frightened
holders of stocks in this group OF indus
trials. but agitation is likely to have a
bearish influence from now on. The steel
industry is enjoying period Of acttyftN
although experts report a visible letting
down in the demand for products. Re
vised comparisons show that the average
prices Of active industrials traded In Or
the stock exchange left of the old year
almost exactly where they were year
ago, and that the average or active rail-
road shares Is about points higher at
the end of the year than at the begin
ming. This is a pretty good showing con-
sidering the fact that new bonds were
issued to the amount Of nearly 100000 sl
and new stocks to the par value or
$50, OOO. 600. a total increase in CORPORA
ton capital of about $3.50 100000 These
figures apply only to the active liet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07
BLUES PASS AWAY
Wall Street Taking More
Cheerful View of Situation.
PAST YEAR A HARD ONE
Europe Added It's Burden to Many
Troubles at Home.
BUT COUNTRY GOT THROUGH
Confounding Of the Pessimists Ar
gued as Evidence That Business
at Core Is Sound.
PAST YEAR A HARD ONE
BUT COUNTRY GOT THROUGH
BY n. ALLOWAY.

NEW YORK, January 6.-Indications
are clear of new, happier, Wall street
disposition. There is no outburst in
STOCK market trading: buoyancy has
not become quite yet the fashion: but
what does show. and what has value
that is pronounced is that sentiment has
changed-the mental attitude has i'm
proved. To persons not personally in
close touch with the rank and file Of
Wall street spectators and brokers 1t
is almost impossible to convey anything
like an adequate notion OF how deeply.
distressingly blue the New York Stock
Exchange has been throughout all the
year past.
And this spirit of depression has not
been confined to traders Of the lesser
class: In the very highest quarters when
even open expression of views has been
obtainable the tenor has with virtual uni
formity been that we were not merely
in bad times. but that conditions were
worse than on the surface shown. This
downcast spirit has been SO pervasive
that not merely the speculative coterie
but the investors Of the country have
ben influenced-with the result that there
has been a general holding aloof from
the security market: practically it has
seemed at times a concerted boycott.
Bears Helped Abroad.
And the bear position was reinforced
by developments abroad. Slackened trade
at home, explosive politics and sulking
financiers. needed little to aggravate their
disturbing powers: but a vast deal by
way Of foreign supplement came con-
tinually-every week contributing some
new complication. real or fabricated
Europe dumped out American stocks long
held. Asia was begging accommodation
at every important banking center. Some
European pinches were so severe. as in
Germany's case, vanity had to be thrust
effective. Tens of millions of American
money went abroad hurriedly last fall
for German relief alone.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-01-07

before stated. however, this method can
be followed for a year or more with COM
parative safety. 1t looks bad, however.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1912-05-18
CONFERENCE Being
Held At reynolds
Dakota Evangelical Associa-
ton Is Holding Interest.
ing Annual Meet
Work Of the Past Year Is
Being Reviewed By Dele.
Gates Nth Interest
Special to The Tribune.

Special to The Tribune
REYNOLDS, N. D., May 18-The
twenty-ninth annual session Of the Da'
kota Conference of the Evangelical
Association opened here this morn
ing with Bishop VIM. Horn, D. D., OF
Cleveland, Ohio, presiding. About
sixty.five ministers, general officers
and lay delegates are present. Bishop
Horn delivered an inspiring and help
full address at the opening Of the ses'
sion.
Rev. R. w. Teichmann of Bismarck,
was appointed secretary, with G. F..
Strutz and F. H. Brockmuller, assist
ants, and j. E. Booth was appointed
reporter to the daily papers.
Addresses were made by Rev. T..
c. Wechel, corresponding secretary
of the parent missionary society Of
Erie, Pa, Rev. F. w. Umberiet, treas
urer of the Northwestern College and
the Evangelical Theological Semin-
ary at Ndperville, Ills., relative to
the work of their respective institu-
tions. These institutions are pros
porous and flourishing.
At the afternoon session Rev. T. G.
Hawk, or Lamars, Iowa, fraternal
delegate N. w. Iowa conference OF
the United Evangelical church, de-
livered fraternal address which was
referred to the committee on resolu-
tions. Rev. J. H. Bauernfeind, super
intendent of the Evangelical Deacon
ness Society and Hospital at Chicago,
was introduced to the conference and
gave a report of the great and grow.
ing work of that institution. Rev.
R. w. Halsapts, superintendent Of the
anti-saloon league of South Dakota,
gave a most encouraging report Of
the work of the anti-saloon league and
the general temperance movement.