Hammond Times, Volume 1, Number 162, Hammond, Lake County, 27 December 1906 — Page 4

PAGE

FOUR. TOE LAKE COUNTY TIMES Tlmrsdav. Pee. 27, 1900.

THE LAKE COUNTY TIMES

AN EVENUW NISWSPAFEH FUULIriHED BY Tina LAKE COUNTY PRINTING AND PTJBLI SHINQ COMPANY. . ,

"Entered as second-class mattr June

16, 1904, at the postoffloa at Hajnmond, Indiana, under tha Act ot Congress, March 8. 1ST." .

Off-cea in ssond, I nd.

Hamf.ond Telephone,

building, 111.

Harn-

Clxicajf o Office. Room 1503 Tribune Building, Hugb W. Montsromery, representative.

Terms ! Bbcrlptloa. r early I-0 Half Yearly $1-50 tingle Copies cent

Larger Paid up

Circulation than

any other News

paper in Northern

Indiana. Circulation Yesterday

DISGRACE FOH TUE STATE. The nortorloua whitcapa of Monroe county the other evening attempted to pay their respects to a man who had somehow incurred their displeasure. He was armed and as a consequence two of the whitecaps are serving1 today as principals at a couple of aa appropriate funerals as were ever pulled off in southern Indiana. The man who did the shooting- will probably be accorded a penitentiary sentence, but it

ia to be hoped that Governor Hank

will be at the prison door with apardon,

signed and sealed. If Monroe county had a few more such tragedies whitecapiBm would lose its popularity and a black disgrace be lifted from the state. Fort Wayne News.

TERROR'S EFFECT ON HAIR. It has been repeatedly affirmed that

Queen Marie Antoinette's auburn hair

turned white in the days of the reign

of terror, and an English surgeon

named Parry states that Just after the Indian mutiny ho actually saw the Jet black hair of a rebel Sepoy, who was under examination and feared a dreadful death, turn white in the course of

half an hour. In the time of the commune In Paris, the dark hair of Baron Alphonse de Rothschild was blanched in a few hours. Caledonian.

CinCFLATIOV ROOKS OPEN TO TIIE PUBLIC FOR INSPECTION AT ALL TIMES.

To subscribers. Headers of the Times are requested to favor the management by reporting any irregularities in delivering. Communicate

with the circulation department, or

Telephone 111.

A HEAVY enow storm will bo wel

come inasmuch as It will cover up the

litter and filth of the streets.

Judging by the piles of old hats, collars and old socks that desecrate the gutters In front of tho stores many cf the Christmas shoppers must have

made a Quick change.

THAT useful article cement, is about

to enter into the construction of tele

graph poles as it has entered into the construction of bridges, culverts, etc.

It has been found that the durable "composition can be molded into slender

columns with sufficient "give" to with

stand such storms as oftentimes lay the wooden poles low. Telegraph poles

have become as scarce as white oak

ties and the demand for them increases

In proportion to the decrease of the

supply.

HAMMOND NO PARASITE.

It Is coming to be a matter of con-

Blderablo concern to the business men of Chicago that northern Indiana is making such a strong bid for the great Industries that are locating in this re

gion.

They believe that Gary would probably not have located where It is had

It not been for the fact that Its new site was near a great center of popu

lation where its industries could take

advantage of the wonderful rail-

war facilities besides enjoying the

advantages of water transportation

They know that the Standard Steel

Car company would not have consider

ed a site at Hammond had there not been the prospect of disposing of its

finished product to the numerous rail Ways that exist because of Chicago.

They aro convinced that Hammond and its neighboring cities have grown

because of Chicago and at Chicago's

expense and they aro alarmed about it

The most convincing proof of this is

on article by Marvin A. Farr in th

Chicago Tribune a while ago. Mr

Farr 1.-3 known ns one of the most con

servatlve nnd best informed real estate

men in Chicago and consequently his

Opinion is of interest. Mr. Farr says:

"There is one admission to make

that should cause a general feeling of

humiliation. Several of the very larg

est and many smaller industries have

'located beyond the limits of Chicago

.In Indiana. 1 hey are there as Chicago

enterprises, enploying the unequal

advantages of Chicago in transporta

tion and in location as relates to th

assembling of raw material and dis

tribution of the finished product. Thev

ere there not because of lack of laiu

In Cook county. They are there because it is without the Jurisdiction of tho Chicago administration, which for years has been hostile, dilatory and nagging in its treatment of business enterprises." Mr. Farr found a weak spot when he pointed to tho "hostile, dilatory and nagging" tactics of the city of Chicago in tho treatment of its Industries, but he should not forget that Hammond has and always had the un-cquah-d advantages of location, nnd instead of being a parasite on the great

city of Chicago would probably

lany, writes articles on all subjects, sets type, reads proof, works at press, fold3, packs and directs papers, and sometimes carries them, prints Jobs, runs on errands, saws wood, works in a garden, takes care of babies and rocks the cradle, talks to all his patrons who call, patiently receives blame for a thousand things that never were nor never can be done, has scarce time to enjoy nature's restorer, sleep, and esteems himself particularly fortunate if he is not assaulted by some unprincipled demagogue who loves puppet shows and hires the rabble with a glass of brandy to raise him to somo petty ofnee. That's an editor. Brooklyn Times.

J Stocks Grain and Provisions I

of good buying in the stock from 135 down, that would make some one weep some day.

Latest Movements in Industrial Centers, by Exclusive Wire to Lake County Times.

CHRISTMAS DAY FOR CLIMBERS.

Sanders, black as ace service, been on many

Indian, fought

be enjoying a prosperous exist.' Its own if Chicago had never thought of.

now c i. o f been

The Car Shortage. The New York Sun, discussing the

car shortage says:

The truth is there is a shortage of

cars as well aa the congestion of care. The roads have been glutted with business all the summer and autumn. Doubtless there is a dearth of other commodities besides coal in the West, and If there should be an abnormal snowfall matters would be even worse

for tho railroads as well as for their

patrons.

The fact ia, paradoxical as it seems.

there are drawbacks to superabundant

prosperity. With all our railroad mileage and all our accumulations of rolling stock, there are not tracks and cars

enough Just now for the transaction of the business of the country. It would be Just as wiso In tho present exigency

to restrict the exchange of products

as to give any commission power "to

take charge of the physical operation of railroads."

Sergeant Mingo o' spades, Thirty years in

raids; Fought the feathered

tho Spanish don Down at Santiago and at Sanny "Wann; Fought the Filipino red or brown or white, Sergeant Mingo Sanders never flunked a fight. Somewhere 'round Manilla, Bullets whistling shrill

Sergeant Mingo Sanders Climbed Camansi Hill.

Colonel Teddy Roosevelt, sword and

shoulder strap.

Thirty days in service, saw a Cuban

scrap;

Home he came in glory, heralded afar As the battle's hero stock exceeded

par;

Told us all about it, never seemed to

balk;

Book and speech and so on never

flunked a talk. Nearing Santiago, Fighting with a will. Colonel Teddy Roosevelt. Also climbed the hill.

A HUGE COAL BILL. Tho bill for locomotive fuel Is the largest Item of expense for materials

Incurred by railroads, and it averages about 15 per cent of the total operating expense. Tho annual reports of rail

roads, which are now coming in, give

a few ilgures relating to fuel which help in forming an idea of the enormous consumption of coal by railroads in the year covered.

Thus the report of the Rock Island

system for the year ended with June,

1906, when it operated 1,257 locomotives, shows that the coal bill was

nearly $5,000,000. On the Chicago and Northwestern for the same period.

when it operated 1,342 locomotives, the

cost of fuel for them was $5,362,000.

The interstate commerce commission

statistics for the year 1904 show that

the locomotive fuel bill for all the railroads in the United States amounted to

?ioy,uuu,uuu. ii we taKe the average

cost of coal at $1.50 per ton, which Is probably high for the whole country.

this would represent a consumption of

106,000,000 tons of coal. The number

of locomotives owned by railroads in

the year 1904 was 46,883, and assuming

S per cent of these to be in the shop

under repairs, there remain 37, SOS engines In service, and this number, di

vided into 106,000,000 tons, gives 2.S26

tons as the average consumption of

coal per engine year. Railway Age.

Between Trains

Now is late that

the time vacation

to begin fund.

to accumu-

Having had a bully good Christmas, doubtless you are

the mood to take up the question New Year's reform.

time more

on in

of

TIIE AFTERMATH. If you're not exactly pleased, Why, of course, the rules allow That your feelings shall be eased Do your Christmas knocking now. Indianapolis News

CORRECT.

Professor What would you give

person who had swallowed a large dose

of arsenic? Student Loisirs.

Extreme unction Xos

A Kensselaer mother was trying to

get her little boy to bed. "Run along

Johnny, she said and get to bed. The

little chickens have all gone to bed." "Yes, mother, I know." said the lit

the tot with a quivering lip, "but tho old hen went with 'em."

XEW YORK LETTER. New York, Dec. 2 7. Higher prices from London this morning inlluenced this market in a measure and had a tendency to open stucks strong and higher. Notwithstanding all the adverse legislative proceedings which are about to be instituted against Union and Northern Pacific, these two issues were the strongest features of the session. Shorts in both Union, Southern and Northern Pacific were liberal buyers and brought about a rally in the entire market of from two to three points. Manipulators in Reading were at work again today, they gave the shorts a good drubbing for their aggressive tactics of the past few days. It scored an advance of almost five points for the day, opening around 133 and selling up to 135 The Frick crowd were active buyers of this specialty. The call loan market was a shade easier, loans ruling at 7 per cent. There may be another flurry in the money market before the first of the year on account of the large disbursements pending on or about Jan. 1. Tho market closed strong and buoyant with advances well maintained throughout the list.

SOUTH WATER STREET MARKETS.

Chicago. Dec. 27. Trading on South Water street was slow, retailers had enough supplies left over and in consequence were not on tho market. In poultrv, however, dressers were taking a good part of the offerings of live and there was enough buving of the dressed stock by retailers to absorb the greater part of the offerings. In butter and eggs a good demand existed and previous prices were well maintained. Quotations on round lots ranged: Gutter Receipts, 5,154 tubs. Extra creamery, jobbing, 31c; price to re

tailers, 3220; prints. 33 He; firsts, 2. 'if

Chicago, Deo. 27. Southwestern receipts and shipments, wheat: Minneapolis Receipts Today. 413,i'00: shirsments 7 nfl. T-nst war. 642.-

eu

shipments. 7,000.

i-t. Iuis Receipts Today, shipments, 1 lS.OOo. Last year, shipments, 33.000. Kansas Citv Receipts Today, shipments, 6 4,0j0. Last year, shipments, 48,000.

J Le; seconds.

dairies. Coolers.

NEW YORK STOCK

;o Sanders, fifty years of in service, eager still to

country, standing by his

a khaki rag; till he mignt

Colonel Min

ago.

Growing old

wage.

Battle for his

flag

For a hunk of bacon and Hoping still for service

retire

Honored in his papers couldn't

for higher.

Descpt. Atchison . Do pfd . Am. Sugar

Oar Cop Smelt

Ice Scs Looom Tob pfd

hope

Sergeant Mingo Sanders. Thirty years on deck, "For tho good of service" Gets it in the neck.

Colonel Teddy Roosevelt, chosen to

command

All tho nation's armies, and to run the

land;

Honored by his people

proclaimed As the great and mighty,

ed, famed;

Surely paid for service, got at least his

rights;

Colonel Teddy Roosevelt still is climb

ing heights. Poor old Sergeant Mingo, I am one to dare The remark, by Jingo! That it's hardly fair. Robertus Love In New York Sun.

'round the world

feted, naunt-

ALCOHOL LAW A FROST.

When the denatured alcohol act was passed by congress It was hailed by republicans as a momentous action against trusts, as farmers could distill alcohol and denaturize it for use in

heating, light and power purposes. It is found, however, that the law which takes effect Jan. 1 is a virtual monopoly to the large distilleries, because of internal revenue! aws which restrict the distillation to registered stills with a capacity of seven to ten gallons a day, conducted under the supervision of internal revenue officials. Senator Hansbrough of North Dakota has introduced an amendment to give farmers the benefit of the law.

A m. Am. Am. Am. Am. Am.

H. & O

Biscuit .... Brook R. T C. & G. W. Ches. & O. . . C. F. & I... Col. South . Corn Pdts .. Do pfd . . . Canad Pac Coast Line Cent Loath Denver com Do pfd ., Distillers ... Erie corn . . Erie 1st .., Erie 2nd ., 111. Cent ..

Interboro K. O. S. L. & N.

Open .1016 . 9S44 .132 . 42, .1138 150

89 72 96

1198

7 9U 178 55, 534 36 2 Hi S2 193 13 3 1 4 34 S 41 S 4 i a

... 70 .. 4 2'3 ... 75 .. 65 ..16s'3 .. 34, pfd 60

14 2ai

High

103 9S44 132g 42 114 lSOla 96 7 2 Ms 96 1194 - t t ,n 80 17 56 641,4 36 21 2 195V2 133 Jj 84 41!8 70 14 433

Low 1016 9$ 131 4 2h, 113 143 V S92 72 96 1198 77 7 94 178 5 5Vi 63 36 2 Hi 82 193 133Mi 34 f a 41 76"

42

w e a . l ent - i s (It. North . .15 H. No Ore. "S1 No. Pacific 186

M K Ji T cm 40

An I'nmmuinr Locality. "Whore was he struck by the automobile?" asked the coroner. "At the junction of the dorsal and cervical vertebrae," answered the surgeon. "Will you please point that out on the map?" asked the eoroner, Indicating one that hung on the wall. Chicago Tribune.

Do pfd . Mis Pac .. Nat. Lead . N. Y. Cent Nor. & W. . Ont. & W.. Peoples Gas Pennsyl Press Steel Reading . . R. I. & S..

Do pfd... R. Isl. com Do pfd .. Rubber South. Pac. So. Ry com St. Paul . . . St. L. & S W Do pfd . . . Texas Pac . Union Pac U. S. Steel.. Do pfd . . . Va. Cnem ., Wabash ...

Do pfd . Atchison

1 'j

. 931 . 72 129 . 90'i . 475 97 is . . .13? 53 V .132 . 39 . 96; 29 . 65 . 51 H 92 32 .150

24 5S 34 1S 47 103 36 1S

39

65 16S 36 60 143 27 1S6 80 189 41 71 94 7 1 130 92 47 98 138 54 135 39 97 30 65 51! 92 32 150

65 168 34 60 142 27 183 78 185 40 71 93

129 90

91

1?

Close 103 98 132 42 114 149 92 7 2 96 119 7 7 80 17 65 63 36 21 82 195 133 84 41 84 70 43 75 65 1C3T6 36 60 143 27 1S3 79 187 41 71 94 72 130 92 47 r. o 1

-.0 nrsis, ziiu oc pacamg siuiti, j.? ! l?e. Fggs Receipts, 4,737 cases. Fresh stock at mark, new cases included or ctises returned. 1&1T23c; firsts, 24c; prime firsts, packed in whitewood cases trading 50 per cent fresh stock. 26c; extra 80 per cent fresh stock packed for city trade, 28c; storage stock, 22 ii 23c. Potatoes Receipts, five cars. Wisconsin, Minnesota and Michigan white stock, 39 400 per bu; red. fair to good. 37'U3Sc; mixed, red and white. 37'u3sc; common, small, unripe red or white, 34 35c. Sweet Potatoes Illinois, $2.00 2.25 per brl; No. 2. $1.003 1.50. Veal Quotations for calves in good order were as follows: 60-85-lb weights, 56e; CO to 75 lbs, 6 Sc; 65 to 100 lbs, 8g9c; 150 to 17 lbs, good, meaty, 4'y'oc. Dressed Beef No. 1 ribs. 14c; No. 1

31.000; 36,0u0; 84.000; 36.000;

A big plunger in Chicago Is boasting to his friends that he was able to cover a big line of shorts last Saturday and Monday at $20 per share profit, and that fifty thousand shares of Reading was one item of it.

Hill stocks ought to be bought at least for a good rally Is the best information I can get. The Morgan-Hill people have bought hack all they sold in the beglnlng of the month and now

say the vance.

market is all right for an ad-

Chicago, Dec. 27. Total clearances today: Wheat and flour equal, 366.000 bushels; corn 120,000 bushels; oats, 26,000 bushels.

Chicago, Deo. ?7. nradstreet's visible supply grain:Wheat decrease. 3.5uO,Cm'0; last week, increase, 2,664,000; last year, decrease. 710,000. Corn Increase, this vear, 971,000; last year, increase, 2.425.O00. Oats Decrease, this year, 386,000; last year, decrease, 579.000.

Chicago, Dec. 27. Estimates for tomorrow: Wheat, 84 cars; corn, 240 cars; oats, 93 cars; hogs, 2S.00O head.

round,

v2c;

No. 1

loins, 16c; No. 1

chuck. 6c: No. 1 plate, 4c.

Live Poultry Turkeys, per lh, 10 11c; chickens, fowls, 7 5J9c; springs, 9c; roosters, 6c; geese, $5.007.00; ducks, 10'trl0c. Fruits .Apples, $1. 00 U 3.00 per brl; bananas, Jumbo, 1.404,1 1.50; straight. 1.10 1-25; lemons, California, 3.t0U $4.00; oranges. California, $2.50 f? 3.25. Green Vegetables Beets, 40 50c per sack; cabbage, $12. 00 30.00 per ton; carrots, 40f60c per sack; celery, 80c 'gp $4.50 per ease; onions, 353 55c per bu ; parsnips, 75c per tub; spinach, 75c; turnips, 50c per sack.

C. H. WANZER

Chicago, Dec. 27. Primary movement: Wheat Receipts Todav, 93S.000; shipments. 841. uuO. Iast week. 665,Oou; shipments, 147,000. Last year, 830,000; shipments, 168.000. Corn Receipts Today. 1.2S9.000; shipments, 536.000. Last week, 535,000; shipments, 362.000. Lust year, 862,000; shipments, 4M.00O.

One of the best judges in the market says there is absolutely no danger of anything like a panic, only a good shako out and it no money scare comes, and Shaw helps out, he looks for a bull market next month.

Copper is again being bought by the traders who are over their scare. In fact the big increases in tho Anaconda dividend is now enough to pay the

iuu ui ht cent, oiviaena on co; and leave a surplus.

per

STOCK AND BOND BROKER.

Stocks Carried on 3 to 5 Point Margin. Nominal Rates of Interest.

333 Rookery Bldff., Chicago. TELEPHONE HARRISON, 3405.

137138

53

59 35 181 4S 104 36 18 39

Pr. Ex.-Div.

132 38 96 29 65 51 91 32 14 9 24 58 34 180 47 103 36 18 38 2.

o o 1 4 135 38 96 30 05 51 92 32 150 24 59 35 1S1 4S 104 36 1S 39

JOHN DICKINSON & GO.

LIVE STOCK XyIARKET.

Union Stock Yards, 111., . Dec. 27. Hog receipts. 23,000; left over, 6,000; market Blow. Light, $6.15 to 6.42; mixed. $6.20 to 6.50: heavy, $0.00 to 6.50; rough, $6.00 to 6.15. Cattle receipts. 9,000; market steady. Sheep receipts, 20,000; market steady. Omaha Receipts Hogs, 6,000; cattle, 2,200; sheep, 6,000. Kansas Citv Receipts Hogs, S.000; cattle, 6.000; sheep, 3,000. St. Louis Receipts Hogs, 7,500; cattle, 3,500; sheep, 2,000.

Dec. 27.

Union Stock Yards, 111., Hogs closed 10 cents lower

Light. $6.10 to 6.32: mixed, $6.10 to 6.37; heavy, $5.95 to C.35; rough, $5.93 to 6.10. Cattle closed strong. Sheep closed steady.

The big house of Clark, Dodge & Co. were tho heavy sellers of Northern Pacific today right at the bottom. Young Mr. Hill used to trade a great deal with them, and the conclusion is some one got nipped on the long stdi of this high priced skate.

On the metal exchange all grades of copper was advanced from 1-S to 3-S of a cent per pound, and the news of no increase In tho production of the metal along with the advance in the Anaconda to 28 per cent., puts Amalgamated in a strong position.

Frown pays trading is very professional, but I think the market a grand purchase on any recession, especially Union and Southern Pacific, Steel common. Atchison nnd St. Paul. I do not believe they will sell off two points from the close today.

STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Sails St, Chicago. New York Office, 42 Baoadway. Members Chicago Board of Trade, New York Consolidated Stock Exchange. Direct Private Telephone, Central 5551 Wires East. Automatic 4058. Central 5351

WEATHER FORECAST.

Illinois and Indiana- Rain south, snow north tonight and Friday; colder tonight. Missouri Rain tonight and Friday, with snow north; colder tonight. Lower Michigan Snow tonight and Friday; decidedly colder tonight. Wisconsin Fair tonight except snow south, decidedly colder; generally fair Friday; warmer north. Minnesota Fair and warmer tonight; snow with higher temperature Friday. Iowa Snow tonight and probably Friday; colder tonight; warmer Friday. North Dakota Fair and warmer tonight; snow and warmer Friday. South Dakota Snow tonight or Friday; warmer. Nebraska and Kansas Rain or snow tonight and Friday; warmer. Montana Snow tonight and Friday, and warmer.

To give some Idea of tho extent of the short Interest and to show what happens when the right people start, I call your attention to Ice going up $!) per share today nnd the stock loaning at a premium.

The firemen's striko Pacific and Its failure Union, put both of the Rets are freely mado clfic In sixty days will either Great Northern clflo.

on tho Southern to spread to the stocks up today, that Union Pasell higher than or Northern Pa-

GRAIN AND PROVISION MARKET

Fair Play. Mr. Spat Now, if you'll just listen to me Mrs. Spat Oh, you can't convince me! Mr. Spat Frobably not, but If we're going to spend the rest of the nigtit In argument I want ray share of the time.

Month High Low Open Close Wheat. Dec. ..73 74 73 74 May ..77- 78 77 78 a July ..77 77 77 77a Corn. Dec. ..41 41 40 41b .Mav ..43 43 43 43 b July ..43 44 43 44a Ont. IVc. . ,33l 34 33 34a Mav . .36-36 36 35-36 36 a July ..33b 33 33 33b Lard. Jan. ..1595 1622 1595 1622 Mav ..1652-45 1680 1645 1677 Pork. Jan. ..910 925 910 925a Mav ..925 i 4 2 925 942a Julv ..932 950 932 950n Uibc Jan. ..852 870-72 S50 870-72 Mav ..SSO-77 897-900 S77 897a July ..S92 910 S92 910a

infant mother, of fruit

WITH THE EDITORS. Fxpensive Military Establishment. The Louisville Courier-Journal thinks that most of the money we spend for the army and navy defenses is pure graft. It says: It is not that coast defenses may rot be required. It is not that the country ought to have a navy adequate to its needs. Men of all parties admit that money ought to have been expended for both purposes. The real complaint is that these purposes are

merely pretexts; that expenses are creased not In accordance with country's needs; not so as to make position more secure, but with an

to the profits that will Rccrue to

Only Resting. Allessandro is an adorable to his parents. One day his to punish him, deprived him

at dinner. He yelled at the top of his voice for two hours and then stopped. "Well," said his mother, "are you going to be good? Have you finished crying?" "No," replied the boy. "I have not finished. I'm only resting!" II Motto per Ridere.

A Freak. Maud She'a quite a linguist! Sho has eight tongues at her lingers' ends. Bill Is she In a museum? New York Times.

Taylng your debts is an expensive way of getting commercial credit, but unless you are rich It's about the only way. Puck.

A Great System.

Mtstook Ilia Destination. An editor of a western exchange recently began worrying about how he would get his shirt on over his wings after reaching paradise. An envious contemporary sarcastically observed

LIVERPOOL MARKETS.

Liverpool, England, Dec. 27. Wheat opened unchanged. Corn opened oneeighth lower.

Liverpool, Fngland, Dec. 27. Closing prices: Wheat one-eighth lower. Corn, one-eighth higher.

GRAIN MARKET.

Chicago, Wheat, 119;

Dec. corn.

27.-545;

-Car oats,

lots 1S5.

today

ro, Dec. 27.

Chica

cars: Duluth Wheat

week. 19; last year, 7S. Minneapolis Today, 390; 221; last year, 521. Chicago Today, 119; last last year, 17.

-Northwest receipts Today, 129; last

last week, week, 4 5;

HEARD ON THE BOURSE New York, Dec, 27. John W. Gates has lost his courage and says he can see nothing to bull stocks on, no money and nobody wants them. Even Union Pacific that was to sell above 250 has lost all its chances.

Pennsylvania was advanced on th announcement that Frick ha been elected a director. This means he- has a bunch of the stock and thinks well of It.

First National bank of Chicago sent over $3,000,000 cash to New York. The Illinois Trust about tho same, the Merchants $2,600,000. the Commercial $1,000,000 during tho past week. As soon as the south stops taking cash, about January 5th to 10th, money will ba easy In Wall street. The pig iron dealers are polling Iron for delivery in the last half of 1907. They cannot deliver any more for the first half as they are all sold out.

Shaw is In New York again trying to frame up some kind of an excuse to put in twenty to thirty million dollars in the banks to help out over the $160,000.000 of January disbursements. If he really wanted to help he could have done It last week.

Atchison is strong. Th Cerwyn pool have evidently got a good supply of cheap time money and also some good people short of the stock, and they certainly will put it up.

Reading showed the effects of the good buying of last Monday. Content told one of his friends that he knew

United States Steel company will show In its January report that they have on band unfilled orders for 8,000,000 tons.

Application for an Injunction to prevent Hill from issuing sixty millions of new Great Northern rtock broke It to a low point today. The traders, however, forgot Hill is an old bird and the injunction will not be granted. The stocks will be Issued Just the same.

St. Paul was practically cornered and to stop newspaper talk about a corner and stop panic and the liquidation and a fight on part of outsiders for control was the only reason fhe books were kept open only five hours on the $99,000,000 of the new stock.

i

Master What is the date of the bat- ' tbat his difficulty would likely be in

in-

the our eye cer

tain individuals or great trusts for the expenditure of money for fortifications r for ship

tie of Waterloo? Pupil I dont know, sir. ' Master It is a simple matter, if you j haven't a good memory. to employ j some mechanical method to aid you. In this case, for instance, take the twelve apostles, add the half to their S number, which makes eighteen. Multiply them by 100; that makes 1S00. Now, j take the twelve apostles again and add! a quarter to their number, which : makes fifteen. Add it all up together, j which makes 1S15. the date you want.)

Quite simple, you see, and you can always remember dates by using that system. Nos Loisirs.

tlnding out how he could get his hat on over his horns. Gayman (Kan.) Herald.

That's an Editor.

What Is an editor? An editor is one who reads newspapers, selects misccl-

Ilelief at Last. Ilcusekeepor I hear your brother, who died In California, left you $1,000, Dinah. That will be a great help to you. Washlady 'Deedy ft will, missis! Ah'a been needln' a pianner an' a phonograft an' a oil paintin' ob mahsaif In a gilt frame fo' yeahs. an' now, bresa de good Lord, Ah kin hab 'em! Puck.

Every man will find his own private iffalrs more dif2calt to manage and tontrol than any public affais3 In which he may be engaged. Lord Melbou ma

rine ago LETTER. Chicago, Dec. 27. WHEAT Ruled strong and higher throughout the session. The tone of the news was favorable to bull speculators and induced quite a little new buying of the investment order. The decrease of over three million bushels in tho world's visible supply was the bull card of the day. Furthermore one of the larger elevator concerns had liberal orders to buy May at anything under 7S. Sales to exporters were small, about 25,000 bushels. Receipts in the northwest larger than last year but exports of flour almost double those of a year ago. The market closed firm with an advance of five-eighths for the day. CORN Easier early in the session,

but rallied in sympathy with the strength in wheat. Fetter weather throughout the corn belt which will in all probability interfere with the new corn grading, was assigned as the particular bullish factor. Cash corn in the sample market was quoted one-quarter of a cent lower than yesterday. The market closed steady with a slight advance for the day. OAT'S Strong and higher and practically the leader of all of the grain markets, based on the estimates issued by one of the leading commercial papers, which makes the statement that tho yield of this year's crop is one hundred million bushels shorter than last year. Cash sales were lOu.uoo bushels. Th.e market closed strong at very near the high prices reached on the crop.

MINES COMPANY OF AMERICA

Capital, 2,000,000 Shares. Par Value $1.00. Full Paid and Non-Assessable DIRECTOR J

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JOHN LAMBERT Chicago WILLIAM E. REIS New York JOHN J. MITCHELL Chicago I. L. Smith New York

H. S. BLACK York York WILLIAM FLEMMING .... Chicago I. L. ELW0OD Chicago F. W. BASER London, England

2,385,000.00

$1,230,000.00 576,747.40

NEW YORK COTTON MARKET.

Month Open High Low Dec. yu6 9u7 903 Jan. ...909 911 902 Mch ...942 942 932 May ...961 901 953 July ...971 972 964 ,Auff. ...961 $61 l-Sl

Close

904-05 i 93-04 935-3$ ; 955-56 965-65 j 965-5S (

REGISTRAR! Ouarnnty Trut Company, Kw York TRANSFER AGENTS V. S. Movtaage A Trust Co., Xew York OFFICE OF COMPANY! No 111 Broadway, New York

Amount cf Dividends paid 1903 to Fovember 24, 190S Amount cf Dividends paid Sept. 30, 1905, to Sept. 30, 1906: 12 monthly dividends iy2 $360,000.00 2 extra " 5 203,000,00 1 " " 3V2 70,000.00 1 " " 30 in Dolores Min. Co. stock 600,000.00 Surplus September 30, 1906

The Mines Company of Ameri'ja speaks for itself, having paid during a period of four years dividends to the amor.nt of $2,385,000, or $385,000 more than the entire capital stock. This is equivalent to 119V4 per cent. The dividends actually prnd last year, as shown above, arc equivalent to 6iy2 per cent. The Company has declared out of its present surplus a dividend of twenty-four per cent., payable in reguJar monthly installments of two per cent, during entire year of 1907. This is out of past earnings, and it is expected that the Company will declare extra dividends during the ensuing year out of their additional earnings. The stock is actively traded ii on the New York curb market. THE MINING STOCK MANIA. (From The Wall Street Journal.) "The public should not forget to remind Itself that probably only a few out of every hundred mining corpanif? whose etock !s hawked through the usual channels of press .and curb and broke.s' circulars, ever reach the Stage of dividend payers. There are "many chances, but fw prizes. "The appetite of the outside public seems to be particularly keen for this clars of speculation. Only a modicum of the total can bs regarded .s legitimate investment. The success of a few riinlng companies leads to the widest confidence in these paper concerns, because some ire alleged to be "near" the paying ones, or are characterized aa being an "extension" o" a money making vein, or are even on the same range with Bonie company whose stick has gone up from nothing to a dollar a share In elxty days. "Such arguments should deceive no one into thinklrjr that he is investing. In more than nine cases out of ten he Is simply throwing dice. There is a legitimate mining investment field, but tha vast majority of the people were far better off to wait until the early stages of development of mining properties were passed, so that the heavy risks might be borne by thoe who can do so without embarrassing themselvea or those dependent upon them. For those who forget this, the old savins is recommended: Mine, Miner, Minus.' ' H. W. BEARMAN & CO. 52 Broadway, New York City

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