davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

NEW ORLEANS, August 2.-The cot
ton market today felt the influence of
rains overnight in Texas. Private ad-
vices reported precipitation at number
OF points In important cotton producing
counties, but the weather bureau noted
rains at only tthirteen out OF the fifty
stations in the Texas weather district,
while Oklahoma got no rain at all. This
led to the claim by the bulls that not
enough rain had fallen to materially
change the situation in the western belt.
but the bears sold freely on private ac-
counts and the market crumbled away
under the selling.
On the opening the tone was easy and
prices were to Is points down. The
weather map was cloudy and showed
very moderate rains In Texas. In the
early trading the new crops made q de-
cline OF II to Is points. Not only were
ers of yesterday nquidated their holdings
at q loss. Little new long buying was in
evidence and 1t required heavy profit TAX
ing on the short side to check the decline
Around the middle of the morning the
market partially recovered. standing at a
loss Of only II to II points, but later SELL
ing increased and the market fell on to
the lowest levels OF the day again. as
private advices from the west continued
to affirm that good rains had fallen. The
undertone was better after the middle of
the morning in forecast of fair weather
for west Texas and Oklahoma, but at no
time did the market display strength.
The close was steady at . net decline Of
Z to Is points.
Spot cotton quiet, unchanged. Mddling,
II. Sales on the spot. 13 bales; to arrive.
So
Cotton futures. closing: August, 11.57:
September. 11.2S; October, 11.20; Decem-
Der, Ills; January, lilo; March, 1129;
May. 11.34.
The net change in prices in the cotton
market this week was an advance Of 2 to
3 points. The high prices were made on
Friday and the low prices on Monday. At
to a points over last weeks closs; 6 the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
CHICAGO.

CHICAGO. August 2.-Close: Hogs-Re-
ceipts. 10000 head: weak. 10 to 10 lower:
bulk of sales. S.60a9.OO; light. S.S6a9.2 5;
mixed, S25a9.25: heavy, S.lOa9.lO; rough.
8. 10aS.30; pigs, 6.O0a&75.
Cattle-Receipts 100 head; slow. weak
beeves, 6.9Oa9. 10: Texas steers. 675a7 80:
stockers and feeders, 53Oa7. 20: cows and
Sheep-Receipts, 1900 head; weak to
10 lower; native, 4y0Oa50O: yearlings,
5.25a6.OO; lambs, native. k30a600.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
CATTLE MARKETS.
NEW YORK.
NEW YORK, August :
BOSTON, August 2

NEW YORK. August 2.--Beeves-Re-
ceipts, It's head; steady; dressed, UNI
changed.
Calves-Receipts, 100 head; SO0a11.75:
city dressed. 15a1S1k; country dressed. 14a
1Gls
Sheep and lambs-Receipts. 8770 head:
lower; sheep. 3.50a4.26; culls, zoo; lambs,
5.OOa725.
Hogs-Receipts, 2.9e9 head: steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
seamen Overcome by Gasoline,

PROvINCETOWN. Mass. August o.
Five of the crew OF the United States
submarine G-8 were overcome by gasoline
fumes while engaged in recharging her
electric storage batteries on Long Point
today. Physicians were hurried from
shore in response to signaled message.
Later word was received from the SUBJ
ma rine that all were revived.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
TREASURY Statement.

The condition of the United States
Treasury at the beginning of business
yesterday was:
Net balance in general fund, $l31, 454.-
ESQ., -
Total receipts Friday, s., 266, 800.
Total payments Friday, $2,l46 S62
The deficit this fiscal year is 50. 5f3 165
against a deficit of 1922. 1852 last year. ex-
elusive OF Panama canal and public debt
transactions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
COTTON GOODS MARKET.

NEW YORK, August 2...Cotton goods
markets were somewhat nrmer follow
ing the issuing OF the government report
on cotton, and less willingness was mani
tested in selling late contracts at old
prices. The retail demand for do
mestics is steady. Stocks continue very
low.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

During the severe thunderstorm Fri
day morning the large barn and stable on
Charles w. d. Ligon's farm. near Eiiicott
CITY. Nd. was set on fire by lightning and
burned to the 9Iounds -.----.-----
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

Charles W. McKenney of the ninth dis
trict OF Cecil county, Nd. has announced
his candidacy for assistant treasurer OF
Cecil county.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
WEEKS RANGE OF PRICES
Corrected to the Close of Business August at the
New York Stock Exchange.
Railway and Miscellaneous Shares.

following closing
and the year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
Total Transactions in Half.
Day Session Amount Only
to $500 Shares.
LACKS THE GUIDANCE
OF LONDON MARKET
Steel Issues Alone Approach Normal
in the Volume of Bust
ness Transacted.

NEW YORK, August "A new low
record for midsummer dullness was
scored by the stock exchange today. To-
tai business of the two hours approx
mated $500 shares, compared with "a, 600
shares July IL last. that day breaking all
low records for something like sixteen
years.
The market was without it's usual
guide, as London was observing one of
Its holidays. and continental exchanges
We're lifeless. About the only interesting
news was contained in dispatches from
western and southern points TO the eff
feet that the Treasury Departments plan
Tor helping the movement of crops was
meeting with favor
Grain Options Are Higher.
Wheat and corn options were higher
as a result of the unbroken drought in
the. southwest, although welcome rains
We're reported from Texas Mercantile
advices again presented mixed aspects
but the tendency was toward increased
quiet In many lines of trade
In the early dealings leaders like Union
racine, Steel. Amalgamated, Reading and
SCanadian Pacific all fell substantial frac-
tons, but recoveries were established in
most instances, Canadian Pacific more
than regaining its loss.
Steel Alone Is Normal.
Steel was the only issue in which deal
ingS approached the normal, a block of
$3.50 shares changing hands at a price
midway between. the low and high The
feature of the bank statement was the
actual cash loss Of about 81, 7OO,00 where
gain was expected. The loan increase
was nominal, while reserves were re-
duced by $1,949, 600.
Bonds reflected the apathy shown by
stocks. United States IS and Panama
rs advanced ia on call during the week.
United States Is and Panama IS, regis
tered, declined u, and Panama coupon
Is, VI, Total bond sales Cpar value) were
$4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

in every community and are progressive
and courageous-ever ready to "oet on
the country and fight its battles.
The reduction Of the Illinois Centrai
dividend, like that of New Haven. DID
not surprise the street. although 1t broke
the market price of the stock OF the
premier north and south trunk line eight
points In q single day. and Jared the
general HIST. Illinois Central Is spiendio
system. but for the past few years mas
been peculiarly a victim OF hard luck. as
well as . sufferer from dishonest ON
Gals, and martyr to the wiles OF the arcn
manipulation, the late e. II. Hartman. II
has never recovered from the infusion OF
Hartman poison. How long the manage
ment will continue the policy OF pei
cent dividends is not known. It Is under.
stood to be the purpose Of the presen,
control to put all earnings in excess OF
per cent back into the property for bet
terment in all quarters until net earnings
once more justify a legitimate distribu'
ton to stockholders on the former stand.
ard The outlook for New Haven Is not
30 good Seemingly 1t has been perma-
nently crippled by wretched and persist
ent mism Management. Readers OF these
letters will recall that for at least two
years the fate Of New Haven was fore
shadowed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

The failure Of the "afiuept elements, :"
in the many branches OF big business to
repsond to encouraging developments and
to help things along. instead OF backing
UP against the wall and saying "No." is
a factor of decided adverse influence in
the securities market Banks in assuming
and maintaining an unfriendly attitude
create q powerful influence against prices.
On that point there can be no dispute.
The disQuieting feature is the mystery
that befogs the situation, and for which
nobody has yet found acceptable solution.
Bankers declare that they are moved
only by strictly business reasoning, and
that stories representing them as soul
less conspirators are malicious untruths.
Yet they are as susceptible to nervous
chills as the rest of US. They don't know.
Not everybody In the financial district
would regard our Mexican Intervention as
beartsh stock market factor. On the
contrary, many argue that the active in
reference of the United States would be
sensationally bullish development: that
1t would be assuming the position of a
perpetual protectorate: that this nation
would be responsible for life and prop
erty in that bestricken country for time
with no ending. Such q situation might
have its offsetting virtue. is the consoling
the development of extraordinary re-
sources In agriculture, live stock. gold.
silver. copper and every other mineral in
magnificent abundance-in brief, that by
giving protection to lives and property
rights Of residents and foreigners (our-
selves included) in Mexico the United
states would have the underhold on the
machinery for the creation Of fabulous
new wealth. And Furthermore, such a pro-
tectorate would preserve intact that most
wonderful protective instrument in the
A M diplomatic organization-the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
Canadian Pacific Under Fire.

Canadian Pacific Under Fire.
il under the fire Of the sharpshooters.
and that is Canadian Pacific. It's price
has been hammered down eighty points
within little better than a year. and
although it Is still well above 200 1T
is subjected to distressing assault. both
in London, New York and Montreal
The war upon the giant system is be-
coming more virulent every day and
1t seems to be sensat:onally effective
at times. The stock is Loyalty sup
ported by a powerful combination OF
capitalists in England and Canada, who
seem quite able to conduct successful
campaigns against the bears whenever
they overextend themselves. an incl
dent OF frequent occurrence.
Specialists in Canadian Pacific claim
that the bears have lost more than
they made on the eighty-point decline.
being outgenera1ed in market maneu-
vering. Casualties have been heavy
on both sides.
Canadian Pacific has spent hundreds
of millions of dollars on the property
during the past decade. and in the
process has developed one of the great
est wheat-growing regions on earth.
populating a vast area with hundreds
of thousands of settlers and at the
same time increasing it's own resources
stupendously.
The company claims that it's money
has been wisely spent. Its critics set
up the plea that expenditures have
been profigate and beyond all reason.
The battle Is on that issue and 1t Is a
most interesting speculative engage
ment.
Steel Report Less Effective.
The surprisingly favorable quarterly
report of United States Steel had less
market effect than its friends antici-
pated, but they are not dismayed by
the savage assaults of the aggressive
bear pool that has been on top of the
stock for several neutrality-suspicious.
might almost say.
Spokesman for the bears contend that
favorable reports of net earnings are
forced" q charge that Is deeply re-
scented by the management as a vicious
and unjustifiable line of attack. Specu-
lation in steel is on q tremendous
scale; the day after the quarterly re-
port trading In that single stock was
about 25 per cent OF the total Of the
entire list.
The government report on crop con-
ditions on August 1 is scheduled to be
out next Saturday. Advance estimates
from the experts who are swarming
through the grain-producing states
are not roseate, and very generally
predict material depreciation in the
condition Of spring wheat during July
as we'll as q smaller production of
oats than was counted on.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
Stock Market Has Had a Hard
Time Trying to Hold Its Own
the Past Week.
ATTITUDE OF THE BANKS
HAS BEEN DISC0URAGING
Restrictive Policy on Loans and In
vestments Disquieting Feature
Befogging Situation.
BIZ W. g. NICHOLAS.
Of The Star.

special Correspondence or Inc Star.
NEW YORK, August 2. 1913.
The. stock market has had hard time
trying to hold its own. Sentiment changed
several days ago, and the widely prevail
ing bull feeling gave way to return of
suspicion, distrust and ruling impulse
among traders to take the down side.
There was no wild rush to sell. but q
growing sense that the upward swing had
run it's course. and that reversion Of &C.
ton was in order.
Good news and favorable developments
were no longer attended by wholesome
rallies and the glad chorus of publicity
as a stimulus fell fiat. Anger and dis
appointment were the first symptoms OF
the change in market tone. For some
reason the heavy aggregate buying for
account Of ''the public" fell away. The
demand was satisfied, for the time being.
Absorption by little people was an I'M
portant factor. while 1t lasted, and con-
tributed largely to the Increased market
activity. and to the advance OF TO 9
points in prices. The little people were
or speculate. They were using their own
modest savings for investment In Sc
curities, and when that source OF supply
subsidized. as might have been naturally
expected would be the case. the market
support weakened.
It was q case Of eating a big meal
and sitting back contentedly to give the
food time and a chance to digest.
The people who partook Of the nourish-
ment are not complaining; neither are
they in a panic Of distrust. The grum-
bling comes from those who overbought
the market on the rise, and are sore be-
cause the healthy recovery In values did
not develop into a reckless speculative
bull movement. The supply of new and
unusual investment capital was absorbed.
in a short time not because OF revulsion
Of feeling. but by reason OF satisfied APP
petite Whether or not there will be an
Immediate return Of impressive bullish
sentiment is the open question which now
enrapts attention. Ruling opinion at the
moment Is auparentlY of hearish tenor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
Banks Pinching Credit.

The attitude Of the banks has been
discouraging. They have been contract
ing credit and filling their vaults with
cash. They say they have been making
preparations for dividend and interest
payments and for the movement of crops
also to be prepared for Washington at
tempts to enact currency legislation not
unanimously to their liking. Borrowers
run up against stone wall when they
man Of goodly fortune. who had the set
Element of q large estate on his hands,
explained the situation from his latest
viewpoint In these few words: THE
banks are dinty-hearted. They have
plenty Of money. yet they are pinching
credit at every point to increase the
hoard. Fear and distrust are at the bot
tom of the policy that is now covering
them. I half believed the story told by
q rich friend of mine about going to his
passing demand. What do you want
to do with $6O?' asked the banker in an
icy tone. The caller snappishly replied
that he might need 1t to build chicken
coop, whereupon the money lender closed
the interview by tersely saying: This
bank has no money to risk on extrava-
gances or business expansions. Wait UNI
til next spring."
The situation isn't quite az bad as that,
but the average New York bank has be-
come the home of the ultra conservative.
The leaders in this field are certainly col
lecting their resources and openly dis
couraging expenditures on the part of
customers in matters usually admittedly
none Of their business" This rule ap-
plies to big things as we'll as to trifling
matters. Railroads and other rich in
terests can only make loans or market
issues of new securities by paying the
highest rates allowable and submitting to
heart-breaking exactions ION the side,"
as the saying is. The corporations that
can afford to delay the raising of fresh
capital are doing so, some Of them at
severe sacrifice Of position. AS result
OF the rigid enforcement of the restrictive
policy being pursued by the general run
Of banks active men of affairs are in an
angry and distrustful frame Of mind, a
condition that finds reflection on the tape
and in the conversation heard in Offices,
clubs and counting rooms.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03

Uncle Sam in the role Of big Police
man. armed with authority to compel
internal peace. might lead to the crea-
uon OF one of the richest nations on
earth. The raw material is there. It only
needs to be developed. Starvation wages
nave SDeen the basis of discomfort and
Diood-steeped lawlessness for 800 years.
Ioday there are at least 1.OOO.OO men in
Mexico VINO follow brigandage largely as
means OF livelihood. It has been an in
neritea business since Cortez seized
siaugnIering control Of the country. Our
benevoIent control might redeem Mexico
from SoO years Of anarchy-a peaceful
ana parent revolution that would be the
grendess monument to the efficacy OF
.'big policeman diplomacy in the world s
history. There is theory that the
the lurking purpose of the Washington
administration Dreamers who feel that
way are mo. exclusive to Wall street and
washington. That the initiative would
not be 6earish argument on the value
OF Ame near property and prospects is a
theory that is deeply felt BY many stu
rds4e 81 the broad situation. They abide
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
NEW ORLEANS.

rains would prove OF little permanent
benefit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
Wall Street Merely Believes
Improved Conditions Have
Been Discounted.
MONEY MARKET EASIER;
BANKERS STILL WORRY
Not Certain How Europe Will View
announcements From u. s.
Treasury.

NEW YORK, August 2.-The dropping
tendency Of stocks. which showed al
most from the outset Of the week after
an opening at vigorous advances over
last week. did not look for explanation
to news OF a positively unfavorable
character. Indeed. 1t was on the recep-
ton Of news altogether favorable that
the disposition to realize profits was
most clearly shown.
Such market action registers the con-
vtction Of the participants that the rise
has fairly measured the Improvement
that has taken place In conditions That
Improvement continued very manifest
in the money market, where rates for
time loans for the shorter periods de-
clined further and where q demand for
mercantile paper sprang up from sources
that have refrained from that demand
for many weeks past
The promise OF the Secretary OF the
Treasury to deposit government funds
with national banks to further the move
ment of the crops carried definite as
surance Of help that had been tacitly
assumed in the financial world. In that,
as in other utterances from the Treas
ury Department, however, that world
found a divergence from the point Of
view upon which 1t has come to rely
that occasi0ned some disQuiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-03
High.c1ass Accounting and Auditing.
Systems Planned or Revised.
o45 Pa. Ave. NV, Room SS.

incorporated manufacturing company that will
pay nifty per cent Address p. q. Box 2O8.
Washington, d. c. 4s
The Nome daily nugget., 1913-02-25
CITY COUNCIL sIfs
 ABOUT FIVE MINUTES

The E0nnA Glly council TenL through itS work Iast evening in Iesa than tl~s minutes. The rehGiIng ut the minutes of inc last rpeetlng oonnpisd as fnnch time as the remainder If the bus'neRs ard that shows how svlf+ LhtnEa wctF Rptten through
 The ruutIne wcrh for El.e week ~I+ transurt tth. such as the rrHd1Hg Df hillE The city heal;h ofIscer sinLed that an- ether man had beAn nIAcsd in hospital pt the uptnsc Of ths municipality.
 Montgomery of the streets r6Entnii- l. ieA reported barsdRE uv nt ths wAe"r la Shake river and c"nseaucnl rIa- Ing of sofDe niieh of the hrIdge. When this mrttaF had hcCn dLsrnsRh ai the rleRtinR AdIdurred.
The Nome daily nugget., 1913-02-25

auch odua RE "aMlattdment to the bank ing isws." "anfendmrnt to the oriifi- inAl rnde regarding uutsrlcs," Aud 'prn,.lty for DsssEfiE checses when tl-awer h4a no funds h hank"
 The FAtrhankz people Also wTn. lht creation of the office nf pulAic h. ssruction, defining wll6 bhali be tAcch' era" It dpes not state whether teach .rs pf the public schools are 11luant ct teachers Of the nattys schUulE but s"- ua@nrLy Lh4 TAnAna people are inua- enced bS some local matters In tata uIsn.
 t,ne lAw which the people up tnsrn suggest Is To "tax trn1stenr trRueF% This Ia q HuB,ecc which ought to be taken up Dy the peoplb 1t all Alaaha' Each ramu is cump silsd to suffer From the same brand of merchant.
 Tbis trader ccsnaA for A few months in vunmAr and hles hIn to more salunrycus climate during Ina dull w,ntet lime. The nSn who ztwy Ttth the cnmp year in and yeEr out winter and ess1n.er, have she'r tFadn injured by msa who are mot AlnAknn& and who are not of tho least hsnEht 10 thu r0Srttory- Bnt the great trouble will probably arise. not from the rnAktnE of new IrwE. but from the multtplleItV of tha requirements 0t all the diVis- iuna With such an &Duu6ancH Of fecnu1rneuGRttone nom each dEV1slvn the space of two m0nths allowed the IegtalatutA sesmE tU tis rEdErplously in- B adequate.
 # tho f,nmera of thc home rule bill believed thut inc Juneau Legislature .g,ALEd have the puwur tu tI,Acr many iaws hew ia if ihnt more r1nc wrs nu allowed? Can 1t be. atfer all. that ihr teEislAturS cannot pana those hwE:
The Nome daily nugget., 1913-02-25

or. thR ballot. AIthuuEh outside at FIR tl1ne he took part1ruIar patne to noIl' fY the uomi1iL+ta@ that li would rA itH- practical and tmpusslblc for hEr t1 accent \ place m ihp ttckcsr
 Yet In inc f.lre ot ALl Lhis tiW .Aal- GUS nnes vert ahGt-h thinking thh' they knew Mr. kAuln;ln$'s nuslrrss h"r' tar than he knew Ii hiuh*L1. He WHH slsoted. Maw ~e se+ the EeRult, noe through any fault of the caEidllatc or the good peuplc who wclr kspe in lKnorAsLre as 20 the rhul situation aHrs vs;iitsd for the victorious candIdatG but throngA the h1xh-hEndaincgs of the would be brsses nt this d!BtFlcL
 Lat uS lake car medicine. so to the le ekizlsaurA nnuR reprcReHtaEiSer but bear in mlnd ~i1u waa TaHponslnIa fur rke sitnAl,un. ciect B. new member ae" eurding to iha tatatsa and iaRt hut net Ieast beware of these whD threw us Into our preaent unfortunate nnsI- CitIstA
The Nome daily nugget., 1913-02-25
NOME, ALASKA. FEB. es. is1%
NEW LAWS.

The Ulcn elected Etosn ihA Thnann division to lhe Junsau !eEislntHre in- tend to nrinE about Tluny rhanG6s la The code and aIsc ta nasa entirely ncw laws ATHclIug varinua matters
 In rrAnIng what Lhey LnIcnd tn dd cnn Ia atruEk by thc r7rt that each di-
 ..I0n HSems b pa particularly inter. ssssd in subjeEtH tc whiut AnUtlsr ai- vision never gives 8 tho1shf. ThE laws suggestcd by tho knmA Da- Associa- tlcn arc mRlny ald the Inws Thi'h ihs Fairbanks :sxlalArurs intend tn rHart nrA also nEny, but lRAh &<sm to rr'cr altogether different IiGIdk FtY cSmpar- ins tha laEs pubEiEh%d In rhc Alag xa Nnr+Es column l9tEty a.itl tho Rws suggested by Ihe Nome LCwycrs wk ftilnI lisat tI,eir pr2rinree dfe nnt tho Eqre at all.
 IL tR evident that each dl' 'iaiOn's deatreE wLll h4 influenced hy local nc- currGsrcs. Me find ths b1nls r"sea of lnErlEnks tn be ono 0E the chief Snprcts of inspiration frr the T:Lnans legislators as %t md well ktI1"n epunta tu he ihn *nurcRs pf sonle ne tho suggestions made from this city. %" Ind, for instnnot, 'linonEat hr amendments uskod Ivr ny Fairbanks
The Nome daily nugget., 1913-02-25

Ratas nr advertising sEaes in a y of rho above publications wiH es mA 1A knUwE tII hppHcAliatl-
The Nome daily nugget., 1913-02-25
City Official Paper

Copy fer Npu'Ar aoVSruHnneUts cf uuhlieatIQn-
The Nome daily nugget., 1913-02-25

aak4d sIIver zslmonr f6 cents pnr nound. fh6ruH L$hmann.
The Nome daily nugget., 1913-02-25

IlBsuad Annually Ei uGtUber-] Price pgr cepy nIlIiel --.........nb