davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14

made on Friday and the low prices on
Monday. At the highest the trading
months were % to "a points over last
weeks close: at the lowest they were 8
to points under. The range was %
to Al points.
Unfavorable weather reports were the
chief cause for the advance. They stimu-
lated fresh buying for long account and
caused heavy short covering. Satisfied
longs were heavy profit takers and they
furnished the bulk OF the offerings. Ac-
cording to the general run OF crop re-
ports, too much rain fell in the eastern
half Of the cotton region and not enough
fell in the western half. Georgia and
Alabama complained most about excess
sive rains and Texas and Oklahoma COM
planned most about the lack OF 1t.
High temperatures were also the cause
Of some complaints from Texas and q
small part Of Oklahoma. The unfavor
able weather conditions continued right
up to the end Of the week and the fore
cast promised no relief.
Extremely favorable reports were
cabled from Manchester and intensified
the effect OF the new crop news. English
weavers were said to be engaged from
six to twelve months ahead. and to be
booking large orders from both India and
China.
N the spot department prices advanced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
NEW YORK PRODUCE.

NEW YORK, July 13.-F1our-Quiet and
steady; spring patents. 5.35a5.55; winter
straights, 4SOa6.OO; winter patents, .15a
go; spring clears, 4.5Oa4.8O; winter ex-
tras. No. !, 4.2Oa4.4O; winter extras. No.
2. 4.OOa4.15; Kansas straights. 4.75a5O0:
receipts. 11.967 barrels; shipments, 7,135
barrels.
Rye four-steady: fair to good, 44oa
4.6o; choice to fancy, 4.7Oa4.9O.
Cornmealesteady; fine white and
yellow, l70a1.75; coarse, 16Sa1. 10: kiln
dried, 400.
Rye-Nominal.
Barley-Quiet; mailing. 1.12a1.25 9. !. T..
Buffalo.
Wheat-spot steady; No. red. Liza
LICK elevator export basis and export:
northern Duluth, 1.19K +. o. b. afoat.
Futures market opened higher on the
cables and fears Of further rust reports,
but declined on the weakness in the
ceipts. closing Aa% net lower. July. L14x.
closed 1.14N; September, LOS 7-l6
;o6%, closed 1:o8h; December. 1osha
1.Os&, closed 1.OSA. Receipts. $500
Corn-spot Arm: export 81 +. o. b..
af1oat. Receipts. 36. 125 bushels; ship
ments. LIS bushels.
Oats-Spot firm; standard white, 6615a
81. in elevator: No. 2, 57a57h: No. 8. 561s
a57; No 4, 56a561a; natural white and
white clipped. 55as1. on track. Receipts.
25.925 bushels; shipments, 1850 bushels.
Hay-Quiet; prime, Las; No. !, Lao; No.
2, 1.3O; No. 3. Local. 10.
Hops-Easy; state, common to choice,
1911, 27a35; old olds, 1Oa1S; Pacific coast,
1911. 31a35; old Odds. 12a2O.
Hides-Steady; Central America, 24h:
Bogota, 24a2o.
Leather-Firm; hemlock frsts, 25a27;
seconds. 24a26; thirds. 21a22; rejects, 10.
PorkIsteady; mess. 2O;25a2o.75; family.
q oh nrf ole EnO
Beef-Steady: mess, 15.OOa15.5O; family,
1SOOa1S.5O; beef hams, 2S.OOa31.OO.
Cut meats-Quiet: picked bellies. 10 to
a pounds. 11a11x: picked hams. 12Aa
Lard-Easy: middle west prime, 10. 4oa
1850; refined quiet; continent 1885;
South America, 11.S5: compound. sNaSk.
Tallow-Steady: prime city hogsheads.
6h; special. 81; country. 6%a6h.
Cottonseed oil-Weak: prime crude
low. 6.6oa6s1: July. 6.6sa6.7O: August,
6.69a671; September. 6S1a6S2; october,
6.71a673; November. 6.25a626.
Petroleum-Steady: refined New York
barrels. $50: refined New York, bulk, 500;
philadelphia, barrels. $50: Philadelphia,
Woolsteady; domestic fleece; Ohio
29a3O.
Rosin--steady; strained common to
good, 63Oa635.
4QIptIitlnc-olcdOy machine barrels,
47h.
Rice-steady; domestic. 4ae; Patna. Ga
6Ih. duty paid.
ENTHUSIASTICALLY; New Orleans open
kettle. 37a52
Raw sugar-Steady; muscovado. 50 test,
1856: centrifugal, 50 test, $3.50; molasses
sugar. 80 test, 3.11. Refined sugar quiet
cut loaf. $50; crushed, 57O mold A, 635;
cubes, CPS: xxx powdered, els; pow
dered. $40: granulated. fine 500: diamond
A. 500; confectioners' A. ABS: No. 1, 4.S5:
No. 2. 40: No. 3. 4.75: No. 4. 4.7O: No.
No. g. AS: No. 10. 40; No. II. 4.S5: No.
II, 40: No. ID. 4.25; No. L. 425.
Potatoes freights and cabbages steady
and unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
new YORK BANKS.

NEW YORK, July 13.-The statement
OF the actual condition Of clearing house
banks for the week shows that the
banks hold $1U. 106,5oo reserve in excess
OF legal requirements. This is an increase
OF $16. 119. $50 in the proportionate cash
reserve as compared with last week.
The statement follows:
Daily averages:
Loans. 500. sss 900; decrease, s., oe7, ae4,-
Specie. $345. 973 900; decrease, SO. e73. 900.
Legal tenders. $50. 6SS. 600; increase.
n Net deposits. s1.e1zOsl.ooo; decrease,
Circulation. s4e.o74.eoo; decrease, $780,
Banks cash reserve in vault, 1851, $780,
COO
Trust companies cash reserve in vault
$75, 117.OOO.
Aggregate cash reserve, S432, $50 COO
Excess lawful reserve. $2.574.650; in
crease, 81 246, $50
Trust companies reserve with clearing
house members carrying % per cent cash
reserve, SCI ,46l 900.
Actual condition: Loans, $2.O51 OS2 600;
decrease. S31, 276.0OO; specie. $349, 1O9, 600;
increase, $5.o29.O00: legal tenders, $780,
o55 600; increase. ss.s33,0OO net deposits,
$1.0O1, 1913 .0O0 decrease $26 677, 600; cir
culation. SAC, 600: decrease, $4,000;
banks cash reserve in vault. s361. ITS, 80;
trust companies cash reserve in vault.
$t69S6,Oy0; aggregate cash reserve. Si3S,-
$4,000; excess lawful reserve, So FOG, $50;
increase. Sic, 119, 100; trust companies re-
serve with clearing house members carry
ing 20 per cent cash reserve. S65, 629. 900.
Summary Of state banks and trust COM
panies in Greater New York not report
Loans, SG23. $50 400; increase, SIP, 4a3, 200.
specie, s67. 400, so; increase, $3,774.6OOd
legal tenders. So, 81, 100. decrease, $379,-
900; total deposits, $1O5, 10, 200; increase,
s. $50, 500.
The Financier will say:
The clearing house banks of New York
quickly recovered the loss of cash re-
ported in the previous statement the
exhibit OF the current week showing a
gain. based on actual conditions Of
$500. 900. The striking feature of the
statement aside from the increase in
cash. was a reduction in loans amount
ing to s3T.276.0 900. This. in turn brought
about decrease OF 26,677, 600 in de-
poslts, lessening reserve requirements by
s6.5oO,O00. so that the full effect of
the changes was to increase cash re-
serve s16.119,750. making the present
excess over the legal 25 per cent mini
mum 10,706.550. The statement COM
piled on daily averages did not show
changes as large Gs those just reported
Even so loans in the average statement
were decreased nearly s21 200. o0o while
deposits were reduced 100000. The
gains In cash made by the banks during
the latter part OF the week were not
reflected in the average statement, that
Item having shown a decrease Of
$4,000 The excess reserve in the
statement of averages Is only s2.574650
above the legal requirement. A separate
statement made by the trust companies
indicates that shifting of loans has
been IN process as between the hanks
and trust companies. the latter institu-
tons having expanded their commit
ments by about s17.5o0,o0o The quick
recovery made by the banks In the mat
Ter or cash Is sufficient explanation
as 10 why rates for money did not
reach higher figures last week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
NEW YORK CATTLE.

NEW YORK. July 13-Beeyes-Recesn.s
$40; none on sale. Feeling nominally un-
changed.
Calves-Receipts, 81; none on sale: feel
ing steady.
Sheep and lambs-Receipts, S12; sheen
dull and unchanged; lambs slow and weak
to % lower. Sheep. 30 to 400: lambs, 9. SO
to 500; culls. 500.
Hogs-Receipts. 900; none on sale: feel
ing nominally weak
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
KANSAS CITY CATTLE.

KANSAS CITY, July 1a-Cattle-Re.
ceipts. 300 head. including 200 southerns:
market steady: dressed beef and export
steers, SOOa9 90; fair to good 6.5OaS 90;
western steers. 65OaS9O: stocksrs and
feeders. 4.25a6s0; southern steers, 475a
TO; southern cows, 3.OOa5.5O; native
COWS. 3.OOa7.OO: native heifers. 4.5Oas so;
bulls, 3.75a5.75: calves, 4.5OaS.75.
Hogs-Receipts. 1900 head: market. 8
cents lower; bulk Of sales. 7.35a7 As;
heavy, 7.30a74O: packers and butchers,
7.40a7 go; lights, 7.35a7.5O; pigs, 6.OOa876
Sheep-Receipts. 200 head; market
steady. lambs. 65OaSO0: yearlings, 5.0Oa
5.75; wethers. 4.25a5OO; ewes, 8tOaA. rs;
stockers and feeders, 2.75a4OO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
closed steady.
NEW ORLEANS.

NEW ORLEANS. July 13.-Realixing
by longs and a more encouraging weather
map resulted In a downward tendency In
cotton prices today, the closing being ],
point up to points down, compared with
yesterdays close.
Futures opened steady at decline Of
2 to 6 points. The weather map did not
show very much rain In the eastern belt
except along the Atlantic coast, and this
caused considerable long selling. Shorts
We're not aggressive. as the forecast
promised a continuation Of fair weather
in the western belt and rains In the
eastern section. In the early trading
prices fell to IL points below yester-
days close. but toward the middle of the
longs were not inclined to SELL
A moderate demand from covering shorts
served to check the decline, and bring
ing about a partial recovery. Much bear
ish comment was caused by the receipts
of two bales of new crop cotton at CAL
weston and the report that New Orleans
would get its first new crop bale Monday.
Spot cotton closed Arm: middling un-
changed, 13c; sales, 8; to arrive. q.
Futures close firm. January. 1858;
March. 1272: May. 1854: July, 1907;
August. 1890: September. 1850; October.
1888; December. last.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
COTTONSEED OIL.

NEW YORK, July 13.-The cottonseed
oil market was weak under increased sell
ing pressure In old crop months through
commission houses owing to the dun .not
trade and increased offerings Of new
crop crude. closing Gallo points net lower
July. 6,6Sa610: August 669a8 II: San,an.
Der. 6.S1a6.s2: October, 67Ia673; Novem-
Der. o2oa626; prime crude. nominal:
prime summer yellow, 66Oa6 81. nr,r,a
winter yellow. 6.s0a7.5o; prime summer
white, 676a7.55.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14

Even where the attraction Is real and
exceptionally appealing the outsider de-
clines to become interested.
1t is remembered by some historians,
forever cheering, that such features have
in times past been the prelude of a
genuine Wall street reawakening. the
start Of a ripping bull market Maybe.
It requires some Imagination to do that
kind Of remembering.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
PARIS.

PARIS, July 13.-Trading was limited
on the bourse today. Prices closed
steady.
The bourse will be closed Monday in
observance Of the national holiday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
new YORK METAL. MARKETS
BOSTON. July Is.

NEW YORK. July 13.-The metal mar
kets were quiet and practically nominal.
Lake copper. l7a17A: electrolytic. 16Aa
II; casting, IGN. Iron was unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
Money in Good Demand.
BERLIN.

BERLIN. July 13.-Trading was dull on
the bourse today. The only activity was
In the shares Of several domestic steel
companies and Canadian Pacific.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
Weekly Review Of Cotton.

The net results Of the weeks trading
in cotton were n advance OF 25 to 70
points on futures, The high prices Wera
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14

three-eighths Of cent, middling closing
at ID cents against 12x last week and
14x this week last year. Sales on spot
amounted to 1.116 bales. against 573 last
week and 800 this week last year; sales
to arrive amounted to 372 bales, against
lit last week and 800 thie week last
wear.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
STREET FIRM IN RU1
But Greatest Cutlery of Brokers
Is Over the Heat.
INTEREST IN CROP REPORT
Much Speculation in Advance Of
Government Statement.
EUROPEAN SECURITIES SLIDE
Much Concern Felt Here Over For
eign Financial Situation, Es-
pecially in England.
EUROPEAN SECURITIES SLIDE
BY H. ALLOWAY.

Copyright. 1912. by R. 9. Hooper, New York;
NEW YORK, July 13.-Wall street stays
In Its nut. Empty offices, idle brokers,
complaints chorused on every side-but
much the greatest outcry over the heat,
business and politics cutting scant figure
IN current popular topics.
Yet the week witnesses important de-
velopments A government crop report
covering critical period issued a couple
OF days ago. Much speculative interest
had attached In advance the grain trade
growing excited over preliminary analy-
ses wherein figured wide differences in
calculation. Many proclaimed experts
were sure Of tremendous things, all to
the contrary with one another Chicago
and St Louis were forecasting sensational
shrinkage, while from further west came
daily fantastic bulletins OF reinsurance.
When the government figures were an
nounced the markets had closed. (And in
c1dentally there is not SO much scandal
talk nowadays of advance inside crop
Information from Washington.) The mar
ket sequel has been relatively insignifi-
cant. The certified figures were not as
either bull or bear oracles had been so
ardently prophesying. Deterioration
shows-but the area Of planting is ex-
panded-so that while the percentage OF
prospective yield is lower than last month
or for the corresponding period of last
year or the year before the return to the
agricultural community promises to be
quite as satisfactory in its aggregate. In
corn alone the country has over three
million acres more planted this year than
Last. Hard times for the farmer will have
to be predicated upon some other basis
than the governments comprehensive in
vestigation and calculations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
WEEK CLOSES DULL
Developments in Yesterdays
Market Unimportant.
ST. PAUL MAKES RECOVERY
Stock Under Selling Pressure Goes
Below Par, But Later Gains.
BANK STATEMENT CHANGES
Conditions Radically Different From
Those Existing One Week
Ago.
ST. PAUL MAKES RECOVERY
BANK STATEMENT CHANGES

NEW YORK, July 13.-Developments
In the stock market during today's
two-hour session We're few and unim-
portant. st. Paul. which was the most
prominent feature of the preceding day,
was again subjected to selling pressure,
which sent it below par. Other grain
carriers also showed weakness. Later
st. Paul recovered to a level well above
yesterdays final quotation, whereupon
the general list improved.
Trading was at low ebb. however, al
though the outside news affecting
stocks was fairly encouraging. A fur
Their reduction in the number of coal
cars indicated increased activity in
that industry.
Interest in Bank Statement.
London's markets were as featureless
as our own, but weakness was mani
Tested by some of the high-grade Sc
curities. in which there appeared to be
some liquidation because of a further
hardening of discounts and money
Unusual interest was shown in the
bank statement because of last week s
actual deficit in the reserves as Well as
the heavy cash loss and fairly large
loan expansion. These conditions were
radically changed today, loans decreas-
ing by over S37,000,00O, with a cash
gam of approximately $9,Ooo,OOO, while
the surplus increased by over S15UuO,-
600 and the deficit was changed to a
gain of S10,106,o50 That no small part
OF the burden of the week was trans
1erred to the trust companies and
banks that do not report to the clear
ing house was shown in the twelve-mil
Lon five hundred-th dollar loan
increase of those institutions
Bonds were easier. Total sales. par
value, S1,36OOOO
Panama 3s declined Is per cent on
call for the week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
THE WASHINGTON TITLE INSURANCE
COMPANY

At q meeting Of the board Of directors OF the
above company. he'd on July II. 1912 dividend
of two and one-half per centum 2iS9e), out of the
earnings for the six months ended June 30 1912,
was declared. payable on the capital stock Of the
said company.
The books for the transfer Of stock to 10
closed at noon on July Is. 1912, and remain
closed until July ~. 1912, On which date the
said dividend shall be paid.
WILLIAM CLABAUGH, Secretary.
At q meeting Of the board OF directors of the
above company. held oh July II. 1912. the regu-
lar semi annual dividend Of three per centum
(3os). together with an extra dividend of per
centum u90, out OF the earnings for the six
months ended June so. 1912. was declared pay
The books for the transfer Of stock to be closed
at noon on July Is, 1912. and remain closed until
July %. on which date the said dividend shall
be paid.
WILLIAM CLABAUGH, Secretary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
The World of Finance and Trade.
Washington; New York; London.
LONDON STOCK MARKET
Lack of Support Causes
Prices to Show a Down.
ward Tendency.

LONDON, July 13.-Hot weather, holi-
days and lack Of public support combin-
ed to reduce business on the stock ex-
change this week. and the tendency of
prices was generally downward. The
feature Of the market was the weakness
in consols, which were repressed to 75ss.
new low record. the dearer money
outlook and the absence Of buyers to alb
sorb the stock put on the market.
Home rails sagged pending dividend an
nouncements. and Marconi shares expert
enced another setback under forced
liquidation. Some recent issues received
steady support. and investors were inter-
ested in foreign rails, but the American
section suffered from bear pressure, and
prices closed from 1 to 3 points lower
than last week
Copper Freely Offered.
Amalgamated Copper was freely offer
ed after the break in the price Of the cop
per metal, and Chicago Milwaukee and
St Paul shares were weak on fears Of a
reduction in the dividend.
The money market is tight, as the sup
plies of funds have been exhausted
through repayments to the Bank or 6ng-
land Owing. to the prevailing scarcity of
money and the stringent outlook, dis
count rates were advanced to per cent,
the bank rate level
Money in Good Demand.
Money was in good demand and dis
count rates were steady today.
The attendance was small at the stock
exchange and trading was light Prices
generally were inclined to sag through
lack Of support, but diamond, rubber and
Marconi shares hardened a fraction.
American securities opened steady with
prices around parity. Later the list ad-
vanced under the lead Of Canadian Pa
citic, and closed steady with values rang
ing from v to 1ss higher than yester-
days New York closing. Chicago. Mil
waukee and st. Paul shares were weak
exceptions and closed lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-07-14
Ignore Changed Conditions.

Yet what happens on the stock ak
changer Copper stocks ignore the
changed conditions. Some Of them ad-
vance. Few hold that advance. A group
or millionaire spectators rushed into the
market and with hurrahs bid quotations
upward, having already accumulated their
line" out Of which to supply the public
as 1t responded. The public does not re-
spond. To carry through their campaign
plan they had to buy as well as to bid.
They accumulated more stock instead Of
distributing any mentionable volume.
Their only solace is that Amalgamated
and Anaconda and Shelters look well in
the printed quotation lists. The figures
are bigger. Transactions are larger.
While actually is the net result to pool
participants Is that they find themselves
with more goods on hand than they had
when they started and have merely mark
ed up the price Of what they have to SELL
These traders who went into this par
ticular bull effort are clear visioned
enough ordinarily. They are conspicuous
among the ablest on the roster Of stock
exchange talent. They had trade condi-
tons to base their campaign upon They
did not have to invent and falsify. They
no indication that the public doubted this
But the public was just simply careless.
even contemptuously. And one result
showing now is that in the ranks of
those Spectators who were sure and VEN
turesome there Is q breaking Of ranks.
On the quiet, on the sly. some who are
still talking most confidently are getting
out just as fast as they decorously can
This copper deal is Observation-Disclosures
ing az to the market generally. The pub
lie Is waiting. 1t cannot be hurried.
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1912-06-25
rIrs. Saliie Lee Dead

Mrs. Sallie Lee died Sunday
night at the home of her daughter
Mrs. B. L. Wright. Deceased
was. about ffty-6ve years of age
and had been suffering with an at
tack of fever for several weeks
previous to her death.
Mrs. Lee is survived by one
son and one daughter in Fitzger-
aid, Mr.. Robert Lee and Mrs. 3.
L. Wright, also two sons from
Nashville, Mr.. Will Lee and Mr..
Cobb Lee, and a granddaughter,
Miss McLYndon, of Boston, all of
whom were here at the time of her
death.
The funeral service was con-
Quoted at the home yesterday af-
ternoon and interment followed at
Evergreen Cemetery.
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1912-06-25
Verify 1t.
The Proof Is In Fitzgerald
at Your Door

The public statement Of a F'itz-
gerald citizen is Ill itself strong
proof for Fitzgerald people, bot
confirmation strengthens the evil
dence.
Here is Fitzgerald citizen, who
testified years ago that Doan's
Kidney Pills relieved weak kid
neys and now states the result
was permanent. Can any sufferer
from kidney ills ask better proof?
You can investigate. The case is
right atlhome.
Mrs. nellie Smith, Gil west
Oconee Ave, Fitzgerald, Ca,
says: "You may continue to pub
lish my endorsement of Deans
Kidney Pills given in April 1908.
[ still consider this remedy the
best one to be had for kidney COM
plant. I use it occasionally and
ny kidneys are thus kept in good
working order. For years had
kidney complaint and | felt weak
and worn out. My back ached
and became very lame. Dark
spots often appeared before my
eyes and | felt dizzy and miserable.
Doan's Kidney Pills acted quickly
and effectively, removing all the
symptoms of my trouble. l can
not give this preparation too much
praise"
For sale by all dealers. Price
so cents. -Milburn Co.,
Buffalo, New York. sole agents
for the United States.
The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1912-06-25
Fire Insurance
In Home Companies

Atlanta, June 20.-Figures COM
piled from the books at the capital
in the archieves of the state iosur-
ance department, show that a larger
proportion of fire surance in Geor-
gia is being placed with home south
ern companies this year than ever
before, and the belief Is expressed
that statistics for 1912 will show a
similar condition in other southern
states.
It is believed that the doctrine of
keeping southern money in the south
instead of draining the section by
sending it north or east is resDon-
sible for this progress in southern
institutions.
The tremendous importance of
this gradual change may be under
stood in the light of the fact that for
thirty years prior to 1909 premiums
amounting to seven hundred and
seventy million six hundred and
ninety-eight thousand, three hun
dred and eighty-seven dollars were
paid out in the fourteen southern
states and that of this great sum
only about sixty-eight millions was
received by southern companies.
With the firm establishment of
southern companies, however, which
rank with any in the north and east,
the proportion has been steadily i'm
proving.