davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
NEW YORK BANKS.

NEW YORK. August 3.-The statement
OF the actual condition Of clearing house
banks for the week shows that the banks
hold $50 ,398, $50 reserve in excess of legal
requirements. This is an increase of
81. 100. $50 in the proport;onate cash re-
serve as compared with last week.
The statement follows: Daily average:
Loans. 81 O41. $4,000: decrease, $500 OoO.
Specie, 1851 309. 900: increase, $685. 600.
Legal tenders. $Ss.51S.OO0; decrease.
$3.50 900.
Net deposits. s1.911, 900: increase,
S4.217.O0O.
Banks cash reserve in vault, $780,
5sSOOO
Trust companies cash reserve in vault.
So. 241 coo
Aggregate cash reserve, S449so7 900.
Excess lawful reserve. $50 go, 80: in
crease. 81. 450. $50
Trust cOmpa MES reserve with clearing
house members carrying % per cent cash
reserve. S72. 1876 600
Actual condition:
Loans. $2,O4O,O71 900: decrease. So746.-
Oon
Specie s3fO $4,000: increase s7.773.O 600.
Legal tenders. s1.71O.OOO increase, s647,-
OOO
Net deposits, sl,eo4se7.ooo; decrease
Circulation. ss5377.ooO; decrease, 500.
600
Banks cash reserve in vault. $4,000
600
Trust companies cash reserve in vault
SD .6T9. ONO
Aggregate cash reserve, s..S eS1 400.
Excess lawful reserve. Sa0,39S, $50; in
crease. sl.1GO. 40.
Trust comnanfeS reserve with clearing
house members carrying - per cent cash
reserve ST. i91 ono
The F.nancier will say:
The New York clearing house banks
made strong statement for the week
ending August 3, this despite the fact
that the anticipated gains in each were
not realized The preliminary estimates
We're that the banks had added something
like s3,OOO,OO to their specie and legal
holdings as a result OF the past six DAYS
operations but in the actual statement
the gain indicated was only $126.OOO. The
statement Of averages showed an in
crease in cash OF 1885, 900, but this re
TERED to earlier opera tons and not cur
rent business. The loan commitments of
the banks are still decreasing the shrink
age for the week having been so,I46aoO
1t Is noticeable that the separate state
ment OF trust companies showed "A de-
crease of $1,mO.O00 in loans. from which
IL is to be inferred that the banks proper
are taking over some of the trust COM
pany commitments. Deposits as a result
Of the changes already named decreased
s., 10000. and as this lessened reserve
requirements the excess cash reserve
actually rose 81, I6O. 40. the present sur
plus above the - per cent minimum
standing at S2039s.9I0 In the summary
based on daily averages the excess re-
serve IS reported at s2O.25o. 1JO While
the position of the banks is strong. the
requirements soon to be made on them
for crop movement and other purposes
lead to the belief that there will be use
for all the money that the banks can
comfortably spare over the coming
months OF the year, particularly IN view
OF the basic facts existing that business
will tend TO improve from now on
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
EARLY GAINS LOST
Demand for Stocks Ceases
and Reverses Follow.
ACTIVITY SHOWN AT FIRST
In Final Hour, However, Recessions
Are Recorded.
TOBACCO STOCK ADVANCES
National Biscuit Forced to Yield
Part of It's Recent
Recovery.

NEW YORK, August 3.-Under lead of
the Hill issues and a few other stocks
which play an important part in crop
movements, todays brief market session
began with much promise TO the bull
side Activity in Northern Pacific and
Great Northern was much in excess of
usual dealings, the movement later
spreading to certain of the srangers and
the transcontinental group. In the final
hour. when demand for those stocks had
run its course, the list suddenly reversed
itself. turning many material gains to
moderate net losses
There was quite deal of heaviness in
such industrials as United States Steel.
-Amalgamated Copper and affiliated prop
critics. while the hard coal stocks, which
were prominent features of the preceding
days strong market, appeared to be I'M
der pressure
Among the SpecialtieS there We're
some more spectacular gains in the to-
haccos. both on the exchange and in the
open market while National Biscuit was
forced TO yield part Of its recent recov-
nry
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
CONTAGIOUS TUBERCULOSIS.
Germ Found in Preparation of Con
sumptive Patients.

FROM tlr Literary bleest.
Although tuberculosis is well recognized
as an infectious disease. il has never
been thought possible 10 transmit Ii b.
mere contact. That this may happen in
certain cases, however. seems TO BE-
proved by the experiments of PieFy,
Frenchman. who has found tubercle bae;l
Ii in the perspiration of tuberculous pa
tents This Investigator We are told by
a writer in Cosmos. assured himself be-
fore collecting the persT,iration that II
could have been infected IN no way from
an outside source. II. Inoculated guinea
pigs with il and succeeded in many cases
in injecting them with the disease. We
read:
.EIe examined in this WAY nine cases
of pulmonary tuberc ulosis. OF which tiv"
yielded virulent perspiration. :. He
even studied thirteen cases of surgical
tuberculosis and found Koch bacillus
four times in the perSpiration.
The sweat OF the tuberculous is thus
poisonous in proportion varying be-
tween 80 and ~ per cent, according 10
the type of disease.
MIR. Piery thinks that the elimination
of the tubercle bacilli through the sweat
is connected with the frequent septicenic
nature of the tuberculous infection. IL IS
in any case one argument the more in
favor of this theory.
sweat is mus an agent OF contasion,
dangerous in itself either directly tconta-
gion by contact and penetration through
the skin of the infected person.. or indi-
rectly infection of linen. clothes. gar
ments. etc). Special prophylactic meas
ures are thus necessary with every tu-
berculous patient. even in the case of in
ternal surgical LESSONS. benign or latent.
Among these measures the most impor-
tant is the repeated disinfection of all
objects that may be infected by the per-
- ...Af- - 81
tient in a bed that he must always oc-
cupy alone.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
COTTON MARKETS.
NEW YORK.

NEW YORK. August 3.-There was a
renewal of heavy general liquidatio at
the opening of the cotton market this
morning, and prices not only lost all they
had gained following yesterdays crop re-
port, but sold into new low ground for
the movement Covering checked the de-
cline, but caused only slight rallies, and
while the final tone was steady, last
prices were from 22 TO - points be-ow
the closing figures of yesterday.
The market opened weak at a dec inc of
10 to 81 points. and sold - to 80 points
net lower within the first half hour an
der heavy offerings which seemed to come
from all directions. October contracts
broke to 12.4S, and December to J. 30.
comparing with l29l and l2.g. the best
point reached after the publication of the
government crop report early yeSter-
day afternoon.
This level represented a decline of prac-
tically a. points from the high records es-
tablished last Monday, and around II
cents there was &C i've realizing By recent
sellers for over the week end This demand
checked the decline and caused rallies OF
or points from the lowest. but the i'm
provement was barely maintained. and
the market was said TO be still very
nervous in the late trading. although
business was far less active than il had
been on the early break.
Repor of continued light rains or
showers in the southwest continued 10
increase the more optimistic view of the
new crop outlook. and the talk around
the ring also reflected a feeling that the
&C ion of the market this morning had
confirmed claims that the August bu-
reau had been fully discounted IL acui-
ton 10 renewed liquidation and bear pres
sure, there considerable southern
selling here which local bears attributed
partly to hedging new crop cotton. owing
10 the approach of the picking season
and the fact that new bales are now be-
ginning TO show up more freely IN the
southwest
Cotton-Spot closed quiet. middling up
land 1890 do gulf. 13.i5; sales. u bales.
Futures closed steady
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
NEW ORLEANS.

NEW ORLEANS, La. August open
ing at a decline in sympathy With the
slump in the New York market. the cot
ton market today had weak undertone
and prices closed At net loss OF -
to -
Futures opened steady at .. decline OF
II TO II points influenced by the decline
at New York. The weather map was re-
garded as favorable ana there was con-
Siderable selling for both accounts. but
the market MAS Steadied by the profit
taking operations OF the last few days
1t was rumoreG that a new bear pool
had formed among several powerful oper-
ators Reports from several sections OF
the western belt caused bearish pred G
tons of the yield in those sections. The
closing prices were the lowest OF the
morning.
Spot cotton-S Steady. j. off; middlng,
127s; sales. f3 bales: to arrive. q
Futures closed steady. August. 12.62.
September. 1862: October. 10; Deem
Der. l2.32, January, 12.54: March. 1868
May. 12.7i
The weeks trading resulted III a loss
of - TO ~ points on the most active
months in the future department The
high prices were made Monday and the
trading months were 13 70 ID points over
last weeks close and at the lowest they
We're 60 TO a. points under.
Rains in Texas and oklahoma held the
in spite of bullish expectations concern
ing the August condition report. which
was issued Friday. Bears We're encoUr-
aged to put out fresh short lines and one
story was that new bear pool had been
formed. After a temporary advance on
the condition report the market continued
TO decline, selling being based almost
wholly on more favorable conditions in
the west half belt. The condition figures
76.5, which carried the crop down TO July
%. were lower by point than generally
expected. After an advance of the best
part of a dollar bale, prices slumped
under heavy offerings from both sides
and the market had a downward tendency
during the remainder Of the week.
1t was generally considered that the
crop over almost the entire cotton region
at the end of the week was considerably
improved as the result of more rain in
the western belt and scattered showers
in the eastern belt.
In the spot department prices lost Is
of cent, middling closing at 127s. against
1875 last week and 12ls this week last
year. Sales on the spot amounted to 613
bales. against 40 last week and 912 this
week last year, sales to arrive amounted
to ~ bales. against $40 last week and
800 this week last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
NEW YORK PRODUCE.

NEW YORK. August ;-Wheat-Spot
Arm: No. red, 1.01. c. l. f. track and
No red, 1.osi4. t. o. h. afioat to ar
rive: No. | northern Duluth, 1.13A, f.
O b.. afioat. After opening i higher on
cool weather IN Canada wheat futures
eased off under big receipts and predic-
lions for rising tempera lures. closing net
unchanged. September. 1O05aa1 .UUs. Closed
1.s"ie: December closed LOIS Receipts,
-. 4'1 bushels; shipments. 57.41s bushels.
Sorn-Spot steady: export. S.i4, +. .. b.,
anoat Receipts 1875 bushels
Cats-Spot unsettled: standard white.
~ IN track: No > and No. g. 81; No. 4
nominal; ma ural white and white clipped
nominal. Receipts 81, 6sU bushels.
FloLr-Steady, with moderate inquiry;
spring patents, 5.10a5. IL. winter straights
4 90: winter patents, 4-SOa5.25; $. ring
clears, Joai.so winter extras. No. /.
T. tOa4 -; winter extras, No. = 4Otia4 10;
36:i,7 bushels
Rye flour-tsuet. fair 10 good. 4.25a4. 10;
choice 10 fancy, 4.+5a4.6o.
Cornmeal-Steady. fine white and yell
low, i.G.al.sv; coarse, 1.6Oa1.65, kiln
dried 4ol.
Rye-Quiet; No western. 20 c. j. (.
Buanalo.
Barley-Nominal.
Hay-Quet: prime. 1.33: No. L. 30;
No. =. 1 .1oa1-2o No. ;. &iaf 90
Hcps-Duli: state, common to choice.
1911. 23a3o; old olds. 1oa1S, Pacific coast.
1911. 25a:so; old olds, 1Oa20
Hides-Steady; Central America. 2is.
Bogota, 24a25.
Leather-F'irrn; hemlock first. 25a27
seconds, 2la26; thirds, la rejects. 10
2oVa21.osi; short clear, l9.25a2oI5.
Beef-Firms mess. 15.9aIo-5o. family
le-ooalS-5o. beef hams. 2s.Gpa31.O0
cut meats Steady; picked bellies 10
10 IL pounoS 1lal212. picked hams H.
Lard middle west prime, 1906
afo.1o; refined. put; continent, lilo:
South America. ll.s1; compound. sIaa So.
Tailow-Sto ady; prim- city. hhds. 6,s;
special Us; country Ja4a6le.
Cottonseed oii.Barely steady: prime
crude southeast, nominal. prime yellow
go; August, 6-..,aa'i-d1; Scrtemher. 6.6l
a66i October, 6-t:'d6I: No. j. 5:;sa6 Ia;
December. 6-2sa6i'.
Petroleum-Steadyt refined New York
bbis. $50; refined New York. bulk. -:
Philadelphia. barrels, So: Philadelphia,
bulk. 10
Wool-steady; domestic fleece Xxx
Rosin steady; strained common TO
good. G:s.,aG.JO.
Turpentine-Quiet; machine. barrels.
~.
Rce-steady. domestic. 4aG.: Patna.
taGI2
MoIa-ses-stea dy: New Orleans, open
kettle. 31aJ2
Raw sugar-sready: Muscovado. - test
%.-ss. Centrifugal. 81 test 400, molasses
sugar, - test, 30.
Refined susar-Quiet; cut loaf 80;
crushed. 30. mold. A, Oh; cubes, 30
E&&& powdered, 30: powdered, 30;
fine CIRCULATED. 10; diamond A, 30: CON
feetioners' y, 49,; No. 1. 49,; No, =,
4eo. No ,. -; No. !. ~; No. ;. 40,
No, q, 40; No. :. 4.'sJ; no. S, 4.Gn: No
=. 4.Si; No. IL, 10; No. II, Az; No. II,
4. ~; No. ~, 40. No. IA. 40.
Evdporated appIes-Quet but firmer;
fancy, 9iealo1z; choice, sl4aai4; prime,
14aS.
Fruues-Quiet.
Aprlcots-tluiet.
pedChes-Duli.
KaisinS-tIrm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
The Badge Wearers.
the London Presbyterian

From the London Presbyterian.
Presbyterians have never run much to
buttons, badges or ribbons except as
helps to distinguish stewards at large
gatherings.
They have their purpose perhaps in
lending strength against temptation. as
when Charles Lamb heard an abstinence
band blaring through the street, at which
he meditatively remarked with his mimi
table stutter: What lot OF noise they
make to let US know theyre sober The
latest of the kind going the round at
present is OF a Frenchman walking with
his friend when a large gathering was
fiocking out of the old Exeter Hall. Vat
for do your people wear dose ribbons?"
he asked.
His friend explained that those who
wore the blue did not drink and those who
wore blue and white neither drank nor
smoked. Whereupon the Frenchman gave
a hearty laugh and said: We'll, 1 nevare.
you are the very funniest people. II
wore piece OF ribbon for all the vices l
do not practice you would see no coat At
all"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
COFFEE FUTURES.

NEW YORK, August 3.-The coffee
market opened steady al an advance Of
l 10 points on covering for over the
week end. but quickly turned easier under
renewed Liquidation. or local selling. in
spired by easier European cables. con-
tinued large Brazilian receipts and talk
OF the continued slack trade demand
Houses with cotton exchange conEec-
tions were said 10 be sellers during the
morning. The close was steady. but from
10 l. points net lower. Sales 3i,2J0
bags. August. Loo. September, Its;
October. 12-12. November, 12..9: Deem
Der. 1895: January. 12.SI: February II So
March. 12.95; April. 12.35; May, 1901 !;
June and July. 1890.
Spot coffee, quiet: Rio No. :. 14k
Santos No. 4, l5s4; mild coffee. dull; Cor
dova. 16alS.
Havre was Il to u franc lower. Ham
burg. unchanged To Il pfennig lower
Rio, steady, unchanged. Santos weak
100 refs lower. As. $500: IS 1850 Bra
lillian port receipts. d9.0O bags, against
10000 last year: Jundiahy receipts $4,000
bags. against 81 .3u0 last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
NEW YORK CATTLE.

NEW YORK, August 3.-Beeves-Re-
ceipts, 1.O46: no trading; steady feeling.
Dressed beef. firm, Ii to Is.
Calves-Receipts. $50 head: veals steady
for good; other calves weak: veals. 500
all. 90: culls 6O0a7-5O: grassers and but
termilks. 5.23a6. Is. Dressed calves quiet !;
city dressed veals, Hall; country dressed.
12al6: dressed grassers and buttermilks.
1Oa13.
Sheep and lambs-Receipts. 6.1SO head
sheep steady; lambs, % to 35c lower; a
80: lambs 65OaS.5O: culls. 5.OOa625
Hogs-Receipts. 2,o25 head; nominal
strong
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
After Unlisted Stocks.

CINCINNATI, Ohio August BIN
their quest for unlisted stocks the board
of review in Cincinnati expects to add
a million or so Of steel stock to the
half-million Standard Oil stock il has
already uncovered for taxation. The
of the Stanley steel congress
sional investigation has put information
as TO local holders of stock into the
hands of the board. according to one of
its members today. and encouraged it to
go after all unlisted stocks which are
liable for taxation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
The World of Finance and Trade.
Washington; New York; London.
LONDON STOCK MARKET
Moderate Activity Develops in
Most Sections During the
Week..

LONDON. August 3.-Moderate activity
developed in most sections OF the stock
exchange during the week, and there was
q general advance in prices except In
home rails, which closed weak. The ter
nina ton of the dock strike prompted
early purchases of home rails at advanc-
ing values. but lower dividend announce
ments and fears that the railway bill,
which will enable the railroads to raise
freight rates, will not become a law,
caused a general setback. Investors paid
attention to the gilt-edged section. where
prices gradually hardened. Government
purchases advanced consols a quarter of
a point, but this was lost later under
profit taking. Mining shares under the
lead of diamonds. We're heavily bought by
and Paris houses. and they
closed considerably higher.
Canadian Pacific was the feature in the
American section. The stock advanced
nine points under vigorous international
buying, accompanied by rumors OF fresh
issue of shares, with a bonus to holders
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
CHICAGO CATTLE MARKET.

CHICAGO. August 3.-Close: Cattle
Receipts. 800 head, market steady:
beeves. 5.75a9.S SIS; Texas steers, 5OOa7. 10;
western steers. 5S5a7.9O; stockers and
feeders, 4OOaB.9O: cows and heifers, , 75a
$40; calves, 6.75a1O25.
Hogs-Receipts. 1000 head; market gen
orally higher; closed weak: light. 7.sOa
S45; mixed, 7:35aS.40; heavy. 7.25aS. %;
rough, 7.2Oa7.4O: pigs. 670aS. 10; bulk Of
sales, 1.6OaS2O
Sheep-Receipts. 1000 head: market
slow and steady; native, 33Oa4.75; west
ern, 3.5Oa4.65; yearhngs, 4.5Oa5.65; ma
tive lambs, 4.5Oa715: western, 4.6Oa7.S5
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
Bank Statement Featureless.

The bank statement was the most fea-
tureless for some time. Actual loans
showed a decrease of about 81, 10000,
while the cash gain was scarcely more
than nominal. In fact, the only notable
feature of the statement lay in the ex-
hihit Of the banks and trust companies
not connected with the clearing house,
whose loans TELL off By over Si.oOOu0p.
Bonds We're firm, with large dealings N
ttchison convertibles. Total sales. par
value. amounted to S3.237 900. United
States government bonds were unchanged
on call.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
CONDITION OF TREASURY.

AT the beginning of business yesterday
the condition of the United States Treas
ury was:
Working balance in Treasury Offices,
So, $40. 800.
In banks and Philippine treasury, 49,
80. 40.
The total of the general fund was $685.
Az, O52
Receipts yesterday We're $2.229,21S
Disbursements We're $6o2. 400.
The surplus TO date this fiscal year is
81 bat as against deficit of S16 H.
1856 at this time last year.
These figures exclude Panama canal
and public debt transactions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
KANSAS CITY CATTLE.
NEW YORK. August 3.
BOSTON August 3.

KANSAS CITY. Mo, August Seattle
Receipts. 100 head. including so south
erns: market steady, dressed beef and
export steers. S.25a9. 70: fair to good. 6. 80
as.l3; western steers. 5.5Oa9 90: stockers
and feeders. 4.5Oa7.5O. southern steers
5.O0aI.Jo southern cows. g. 5Oa5. so; native
cows. 3.5OaI00: native heifers, 5.OOas rs;
bulls, 3.15a5.25: calves, 5.OOa9OO
Hoes-Rec~pts 1000 head: market
steady 10 > higher; bulk of sales, SOFA
SO; heavy. i.DaSOo packers and butch
ers. s.O0as.3O; lights S.C0as.3o; pigs, 6OOa
100.
Sheep-Receipts, none; market steady;
lambs. 6.1aIoO; yearlings. 4.2Ja6OO;
wethers, afO: ewes, 3.65a4.OO: stock
ers and feeders. 2.5Oa4OO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
DRY GOODS MARKET.

NEW YORK, August 3.-The cotton
goods markets rule firm. with the de-
mand broadening. Fruit OF the loom Al
bleached goods. which have been at value
have been advanced to SIS. Jobbers re-
port more active trade In cotton goods
and dress goods Mems wear and dress
goods in first hands are in good demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
NEW YORK METAL MARKETS

NEW YORK. August 3-The metal
markets were dull and nominal Lake cop
per. IN; electrolytic. TN; casting. TIA
ia lron-quiet, unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
New York Mining Stocks.
NEW YORK, August 3.
The Retort Courteous.

From Punch.
Club member (who has overheard no
good Of himself)-Pm - outsider who
ought to be kicked. am L? So that's what
you think OF me. is it?
Culprit-My dear fellow, that's only
what say. I think lot more Of you.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
BERLIN

BERLIN, August 3.-Trading was quiet,
but prices were firm on the bourse today.
Canadian Pacific was in demand, on ru-
mOrs Of an impending bonus.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
PARIS.

PARIS, August "a good tone pre-
vailed on the bourse today and prices
closed higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
Favorable Crop Reports.

Favorable crop reports and better trade
advices gave the market good tone.
There was fair demand for United
States Steel. the copper shares and Union
Pacific, and these shares led general
improvement ranging from one to five
points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-04
No Banking Leadership.

On this occasion. however. there does
not appear to be syndicate or banking
leadership. in the accepted sense Of the
term. The great banking Institutions are
connected up with scores of underwriting
combinations, which have on hand masses
of undigested new bonds of the last
years production. and their main inter-
ests are in that direction at the moment.
To encourage the engineering Of break
In the stock market would be to still
further delay the distribution of this mass
of ''undigested' securities. and that is
the one thing the banking powers do not
want. The burden of opinion, therefore,
is that whatever movement there may be
is most likely to start without the ham
dicap of a preliminary smash in prices.
The strong conviction that there is no
real danger of a big reaction has pre-
vented thousands Of margin holders from
selling out on the many minor breaks
that have taken place in the market dur
ing the last six weeks. 1t would appear
that the big upward movement which
now seems to be in its inception is to be
started and run by the public to very
great extent. These things have hap
pened in the past. and sometimes against
the bitter opposition Of men who are re-
garded as leaders in Wall street.
Reports from most Of the industries are
increasingly favorable. In none is the