Hammond Times, Volume 1, Number 173, Hammond, Lake County, 9 January 1907 — Page 4

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THE LAKE COUNTY TIMES AN EVENING NEWSPAPER PUBLISHED BY THE LAKE COUNTY PRINTING AND PUBLISHING COMPANY... "Entered aa second-class mattr Juno. 2S, 1908. at the postoffloe at Hammond. Indiana, tinder the Act of Congress, March 8, lt79." Offices In Hamr-ond building. Haiatoond. Ind. Telephone, 111. Chicago Office. Room 1502 Tribune Building. Hugh W. Montgomery, representative. Terms ef SabecrlpUesu frly $3.00 Half Yearly ."...1.50 Single Copies 1 cent Larger Paid up Circulation than any other News paper in Northern Indiana. CmcmLATION BOOKS OPEX TO THE PUBLIC FOIl 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. WHEN IT IS TOO LATE. Just at this time when the agitation for the amalgamation of East Chicago and Hammond is the greatest there are unmistakable signs of a decided tendency In the other direction. Hammond is preparing to make the assessment for a new city hall, East Chicago has authorized a committee of the council to report on plans for a municipal building and both of these cities are scrambling for territory as though the future depended upon it. This makes it evident that if amalgamation is ever feasible It Is. now. Later . on when the cities have built costly municipal buildings and have gone on Independently, and constructed Bewer systems, water works systems and boulevards, each city will be a unit in itself and there will be very little in the way of economies to be effected. Without amalgamation East Chicago will build its $35,000 city hall, and Hammond will build its $50,000 city hall, when together they might build one to cost $75,000 that would be better than either and cost less. Without amalgamation East Chicago will struggle on In its effort to build a canal and will have to contend with Hammond, which will endeavor to secure governmental aid in building a harbor through Wolf lake, with the result that both projects will suffer. Without amalgamation East Chicago and Hammond will eventually spend thousands of dollars in building parks and boulevards independently of each other and finally they will awaken to the realization that amalgamation is a positive necessity and then after these improvements have been made it will take a San Francisco earthquake to make the re-arrangement of the city possible. KENTUCKY ALMOST DRY. Kentucky which has always had the reputation of being a whisky state, is nearly dry at this time, despite her 252 distilleries turning out thousands of barrels of the iluid to fill "the cup that cheers," the state has but four counties sufficiently Irrigated with booze to be classed as really wet counties. Even in the thirty-two where liquor is sold it is, as a rule, in but one or two precincts. , THAT 36,000 W0ED MESSAGE. Governor llanly's message to the legislature will consist of 3(.000 words lhat number of words makes a book of reasonable size and unless it be particularly thrilling, a ' difficult one to read at one sitting. The message In Its original state, it is said, consisted of considerably more than 36.000 words but that In reading it over the governor found where he could trim it here and there without disfiguring the picture or spoiling the context. If the message proves as Interesting as we think it will be it will win for Gov. Hanly a place among Indiana's long distance literati. Gov. Hanly has an advantage which other Indiana authors did not have when they entered the field of letters. He is sure of a hearing, and not only of one publisher but hundreds of them and he can rest easy on the score of being leniently treated by at least half of the reviewers. WITH THE EDITORS. HARRIMAN. Much has recently been said concerning the rise of E. II. Ilarriman. The public has thought that it was rather well informed both as to his record and as to his present holdings, but the indications now are that in reality only meagre details were published. The Interstate commerce commissioner's Investigation has revealed the stupendous scope of his holdings, and the inquiry has just begun. It has been shown that he controls directly eight railroad and steamship companies and that lie owns stock in seven others. According to what lias been brought out llarriman's word in all of his companies is law. The information is to the effect that he does things and that the boards of directors or the executive committees ratify, approve or confirm all of his actions. To make It concise E. II. Ilarriman is absolute master. The announced purpose of the investigation is to determine the relations betwten the Southern Pacific and the Union Pacific railroads and other companies controlled by them.

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It 13 understood, although the commission has not announced the fact, that the Inquiry threatens to dissolve the I'nicn Pacific ownership and control of the Southern Pacif.e on lines and within the scope of the Sherman antitrust law. The case is one which will probably increase in importance a.s the investigation proceeds. It seems that K. H. Ilarriman, the man who rules railroads as would a czar, lias fallen upon evil days. South Bond Tribune. Damming Lake Erie. Few great public works are of more Importance than the one now proposed by the International Waterways commission for damming Lake Erie, or, more properly, Niagara river. It is probable that the dam will be located near Lake Erie, as the fall of the Ni agara river to the falls is twenty feet or about one foot to the mile, and the heaviest fall is in the first two miles after leaving Lake Erie. A gain of very few feet would be of great irn ponance, because the great obstacle to lake navigation has been the shal lowness of Lake Erie and its cor.nec lions witu Lake Huron. This prevents the use of vessels of great draft and makes navigation of Lake Erie danger ous on account of the violent effect of storms on the shallow water. The mean depth of Lake Erie is onlv 100 feet and its greatest depth only a little over 200 feet. Lake Huron i 200 to 700 feet deep. Lake Michiganaverage depth is 870 feet. The great est depth of Lake Superior is 1.00S feet its bottom being 400 feet below sea level. Lake Ontario has a mean denth Of 300, ItS greatest denth heltic- 7-?S feet, or 491 feet below sea level. The greatest depth of Lake St. Clair is onlv 21 feet, but as the lake is only 3 feet above Lake Erie, a dam of any height would raise its waters also. Lake Huron's level is 9 feet above that of Lake Erie. Indianapolis Star. The Life Savins Service. The Cleveland Leader thus summar izes the country's life saving service, as revealed In the annual report: No less than 811 lives were saved by the men at the various stations, while the total value of property saved was $12,266,100. Work that bears such fruit certainly deserves to be encour aged and enlarged, and the recommen dation of General Superintendent Kim ball that retirement pensions be pro vided for members of the life-saving department is not without merit. The time for civil pensions has not yet come, but the service of the life-sav era Is one of such hardship and danger that it approaches nearly to the perils and dignity of the army and navy. The United States life-saving service controls 278 stations, of which 200 are on the Atlantic coast, sixteen on the Pacific, one in Alaska, one on the Ohio river and sixty on the great lakes. Between Trains The Masterpiece. The Apollo Belvedere had just been completed. xes, proudly boasted Calamis, several department stores have want ed him for a floor walker." Thus Indeed the sculptor realized he had produced the perfect type of manly beauty. New York Sun. Etymology. The Sultan got sore on his harem And invented a scheme for to soarem. So he caught him a mouse Which ho loosed In the house, (The confusion is called haremscarem). Princeton Tiger. In the Horspital. "Say doc, is it true, as a matter of course, With a colt in my head I'm sure to get a hoarse?" And the doctor replied with a comforting pat, "It costs three dollars to ass me that." MORAL. Don't thrust any jokes on your doctor until He's got all his services down in the bill. From "Beastly Rhymes' by Burges Johnson. Another. She called me "Jack'" But instantly She blushed as red as red could be. And bit her lip as if to show She meant not to have spoken so: All which I was not slow to see. What were my feelings? Well, I'm free To say I felt no trrent fl,i.rr Of heart expanding bliss, although She called me "Jack." It seemed to be a mvstery Until I thought of John Supplec. Was he her "Jack." I'd lik- to know? You see my given name is "Joe" That's why she blushed when thought lessly She called mo "Jack." Catholic Standard and Times. Apologltt pro Vita Sua. Wat for you call me "Dago man," An' mak' so bada face? Ees no room for Eetalian Ees deesa bigga place? I s'pose you are more better dan Da Dago man could be. But pleassa, Meester 'Merican. I ask you wait and see. How long you leeve een deesa land? Eh? Thirta -seven year? Ees onla seexa mont'. my frand. fccence I am comln' here. I weesh you geeve me time for try An see w at I can do, So mebbe I goin' be, bimeby, So gooda man like vou. Baycause I am so strong, I guess l (torn do pretta wal. So long I 'tand to beezaness An' jus' bayhave mvsal. My leetla cheeldren, too, ees strong fc-h? You no gotta none? You married. Meester? Eh? How long? Twalve year! an' no got wan? O! I am sad for you, my frand t.n. Why you laugh at me" Excuse! I do not ondrastand; i am so strange, you see. My "keeds ees no good breed." you say?

Ah: wal ees mebbe not. But dey weel be more good som' day Dan dose you don'ta got; An' dey be stronga 'Meriean, More strone dan you are, too. Eos notta many Dago man So skeeny lika you, O: pleoss, my frand, no getta mad! Shak' han' bay fore you go, Escuse me! I am so sad For speakin' to you so. But why you call me "Dago man" An' mak' so bada face? z Ees no room for Eetalian En deesa bigga place?

T. A. Daly in Catholic Standard and Times. POLYGAMY NOT DEAD. Polygamy is not dead in Utah and Joseph S. Smith, president of the Mormon church, has recently been fined $300 for unlawful cohabitation. The courts in Utah have been lenient with Mormons who were multi-married before 18S0, when the law prohibiting plural marriages took effect, but in this case against Smith the marriage only dates back to 1K94. Since 1S90 a large per cent of polygamous families have ceased to exist because every man and woman in Utah understands that since that date the law clearly and positively prohibits polygamy but it is also well understood that there are still many covenants and obligations that were previously assumed under the old Mormon marriage customs In Utah that operate as extenuating cir cumstances and there has been a ma nanimous sentiment extended to those placed in such a peculiar position by the new law, but the courts could hard ly condone an offense against the laws of the state deliberately entered into since 1S90. Y. 31. C. A. AOTES. The growth of the foreign associations whose work is promoted from America, has been even more remarkable. The increase of money secured has been from $39,000 to $150,000 and the value of buildings from $328,000 to $l,oo8,000. The secretaries, drawn from the cleverest college leaders, have increased from 22 to 67. Campaigns for association buildings have been suc cessfully launched in Buenos Ayres City of Mexico; Seoul; Korea; Shang nai; enma, ana lvyoto, Japan. The governments of Japan, Korea and In dia not only contribute many thousands of dollars to the support of the associations, but now recognize them as factors for good government. The industrial department, organised six years ago, is now doing its work in forty mining, lumber, quarry, iron cotton and industrial centers, and has buildings worth $700,000. The colored department increased its property in this time from $23,500 to $156,000. and is doing more for the benefit of the man for whom the least has been done the colored man of the city. The county association, which did work In sixteen county centers six years ago. is now established in 207 and the membership has increased from 760 to 6,546. The student associations have made gain of from 33,000 to 54,000 In a membership; from 12,733 In Bible classes to 33,000, and their buildings rrom $305,000 in value to $907,000 Large numbers of college athletes and fraternity men are in association lead ership and more than 200 Bible classes are held In fraternity houses. NEWS FACTS IN OUTLINE The election of Representative Jo seph M. Dixon to the United States senate from Montana to Kucceed Senator Clark, is assured, he being the Republican caucus choice. Professor Lemuel S. Totwin, for for ty years professor of English literature in Western Reserve university, is dead at Cleveland of pneumonia, aged 75. A tidal wave in Lake Erie wrought havoc among dozens of launches and small boats, etc., at the mouth of Rocky river, just west of Cleveland, O. The Texas legislature is in session and Senator Bailey's enemies are doing what they can to make his road to reelection rock v. Kaiser Wilhelm is said to have threatened to move out of Berlin if that city elects Socialist representatives to the reichstag. The republic of France has ordered God off the coins of the country. A cold wave unprecedented in severity has just swept over the Philippines, the temperature at some points going down to CO. France has a population of 39,2r2,2(17 only 200.322 more than she had five years ago. Governor Buchtel, of Colorado, who is a Methodist preacher, had his inauguration in a Methodist church and his address was followed by prayer. The Minnesota Republican Ieglslative caucus nominated United States Senator Knute Nelson to succeed himself. The Lexington hotel, one of the oldest in Boston, has been closed, and its managers have made an assignment, declaring that Sunday "blue laws" did it. The party of congressmen which went to Panama to see the canal, la back, and its members are all delighted. Charm of Uncertainly. "There Is a lot of excitement In running an automobile," said the cheerful citizen. "Yes," answered the man who smells of gasoline, "it gives life the charm of uncertainty. You never know whether you are going to be late for dinner or early at the emergency hospital." The Weather-Wise Brother. "How does you like dis warm weather in November?" "Hit's a dispensary er Providence," replied Br'er Williams. An what's a 'dispensary.' "Dat's what you ain't ter know. Yon musn't inquire too curious Into miscreants you don't onderstaaT

THE LAKE COUNTY TIMES

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Latest Movements in Industrial Centers, by Exclusive

NEW YORK LETTER. New York, Jan. 9. Dullness norvaded the stock exchange to the exclusion of almost every other feature. Although the early prices were a trifle higher than the previous close. The tone of the market in general was not pronounced enough to express an opinion either way. The Ilarriman shares, Union and Southern Papiflc -n-- . - . .i v . i. uauru in i aiuri iberally and at higher quotations. The buying was more or les of th nrofessional kind with here and there a little short covering bv timid traders who became uneasy when the call money market showed a weakening tendency. There was quite a drive engineered against the Northern Pacific shares based on the adverse legislation in Minnesota against the Hill properties, there also appeared to be good selling of this stock on account of the large issue of new securities which the public is expected to subscribe for. Northern Pacific sold "exright" today. At the opening of the market the rights figured worth about $24 per share, but in their eagerness to dispose of the rights, traders sold large blocks of the new issue offering it down until the final sale of the rights represented a loss of almost three points for the day. The market as a whole swayed back and forth, ranging about a point fluctuation for the day in the stocks that are usually the most active. The close was irregular with fair gains throughout the list. HEW YORK STOCK MARKET Descpt. Open Atchison ...loe1 , Do pfd ...101 Am. Sugar . .135 Am. Car ... 44 i Am. Cop ...119 Am. Smelt 152 Am. Ice Scs 87 Am. Locom 78x Am. Tob pfd 97 ' Am. Wool . . 85 i B. & O. ....121 Biscuit 81U Brook R. T. u High 10714 101 135 4 44 4 120 M 153 V Low 106 100 184i 4 4 14 118 4 152 Close 307 100 134 44 119 152 87 IV' ill 83 C1 T 78 Vi 78 Vi S5 4 121 i 83 82 H 17 55 J 56 x 3S7fe 234 848 1934 35 121 81 81H 17 55 55 36 Vi 23 8414 192 C. & G. W... If; u nes. & o. . O. F. & I... Col. South . 8 17 55 66 38 23 84 193 131 35 73 43 169 36 1 143 26 160 21 82 183 40 72 91 74 182 91 47 89 96 UA 136 39 89 29 51 93 32 151 36 180 107 S8 5514 56 3614 23 8 4 U 193 131 36 Corn Pdts Do pfd . Canad Pac Coast Line Cent. Leatli 86'4 73 48 '37 143 26 162 28 83 186 14 40 9214 74 183 Distillers . Erie com . . 111. Cent . . 55 V 72 43 36 14314 26 159 20 82& 183 40 i 74 132 ...431,4 . . .169 ... 36 pfd 61 Interboro . . K. C. S. L. & N. .143 Alex. Cent 26 Nor Pac. ..162 14 N. P. Rites 22 3? Gt. Nor. Ore. . 83U Gt. North .lf?ix M K & T cm 40 ,,Po pfd ... 7214 Mis Pac 92 Nat. Lead .. 74U N. IT. Cent .133 ' Nor. & w i Ont & W 47 U 4? 47 Pacific Mail a 9 Peoples Gas 86 M Pennsyl . . .140U Press Steel 97 140 55 137 40 99 29 93 151 96 139 54 89 99 29 Reading ... ,186 it. 1. & H. ... 40 Do Dfd sat' R. Isl. com. 2QB,i Rubber . Ki at, South. Pan QOEi So. Ry. com 3214 St. Paul 150. TOToa Tn r naif Hnic0naPa,c '179l4 180 L. S. bteel .. 49U iotl 178 49 106 Do Dfd ...107 1,. in-i? Wabash .... s i ",7B Money closed 2 per cent. Total sales 564,800. Northern Pacific ex-rites YORK COTTON MARKET. Month Open . .956 . .979 . .988 . .995 . .982 Hiffh 970 994 1006 1012 1000 Low 953 970 982 990 687 Jan. Close 966-68 990-91 1004-05 1011-12 998-99 Mch. . May . July . Aug. . GRAIN AND PROVISION MARKET Month High Low open Close Wheal. May ..75- 76 75 Core. 75l- 75 'W 75" 75 b 75 43 ax 43 36 ax 33 b 1585 1640 1655 May ..43 43 ?i 43 July ..43 437i 43 Oata. May . .35 74-36 3ft u 1; 35 July ..33 33 U lard. 33 Jan. May .1570 . .1625-30 , .1640 .907 . .927-30 .932 .885b .900 1 5S5 1640 1655 910 937 940 S95 907 1570 1620 1640 900 922-23 932 8S2 897 July 'ork. Jan. May 912 987 940b 695ax 907 July , mix. May . July CHICAGO LETTER. Chicag-o, Jan. 9. tv'HRit 1 .. lur me Wneat rnarli.cf . day with dullness the essential featur i-uum De noticed in th wheat pit. The news was Inclined to w. uui.a ana tney took advan taere or it in a mimoi.r,, prices fractionally. Receipts in the northwest scarcely half what they were ... v. 1 1 v nn nn ...en oSW, LUSll demand in the southwest reported improving: foreign kets a shade higher; weather In the winter wheat belt unseasonable for the vi up. xne market closed fairly steady with slight changes from yesterday's prices. CORN Ruled firmer early In the day but later in the session part of the advance was lost. Weather throughout the west favorable to the movement of the crop, but farmers seem dis posed to hold off selling until the Dec ulative market improves. Cash de mand is reported better both for home and export consumption. The market closed steady with a slight gain for the day. OATS Firm but dull without any especial feature. Trade almost entirely professional. Cash demand fair- exports about 150,000 busheis for th .v v uumcsuc consumers 75,000 Dusness. ihe speculative closed steady. markets SOUTH WATER STREET MARKETS. Chicago, Jan. 9. Trading in South Water street was of a desultory character and changes were few if anv The poultry trade was fair at the re-

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zYciiTL an cently advanced prices. In butter a fair demand existed. with supplies r.aruI market steady. Eggs were without change ?,??io? on fnd lots ranged: Butter Receipts, 3.877 tubs. Extra c,rH,"V' JOt'hing, 31c; price to retail ers. J Jc; prints, 34- firsts. 27U2Se 5t,ns'?2f 2c; June extras. ' 2c " . ooieys, 27c- firsts. 245j-.c; 19M.C ' ; Parkh: stock. 19'sf fc.ggs Receipts, 3,033 cases. Fresh stock at mark, new cases included or cases returned, 1 0 c firsts, 22c; rrime firsts packed In" whitcwood cases per cent fresli stock, zjc; extra, so per tt-nt fresh, packed for city trade, 2;e; storage stork. 19U20c. k otatoes Receipts. 12 cars. Wisi?" Minnesota, white stock, choice, r., -c; choice to fanev. Michigan, 41 K4c; red, fair to good, "37 it 38c; mixed, red and white, 37fif2Se; common, small. rea ana white. 34ft sn.v Sweet Potatoes lilin -Illinois. S2.25S2.50 per Dri; K0. 2, J1.25W1.50 rer brl eal Quotations for calves in good order were as follows: C0 to S5 lbs. ?ni't0: 80 to 85 ll. 7Hi9 4o; 85 to 100 lbs, fancy, 10fj 10 'c; 150 to 175 ins. good, meatv, 5jJ6 4e. Dressed Beef No. 1 ribs. 13lic: No. t. ,MSu lbc: -No. 1 round. 7c; No. . chiK-k, 6 He; No. 1 plate, 44e. Live Poultry Turkeys, per lb, 11c chickens, fowls, 114c; springs. 11c roosters. fiu- .-,.. r, 7 nn ducks, lOlle. ' ' Fruits Apples. $1.00173.50 per brl Dananas, jumbo, per bunch. $1.40 -ff 1.50; straight. Sl.10Sri.25; lemons. Califor3 o3.75; oranges, California, $2.25fj3.15. dreen Vegetables Beets. 4050e per ncKjn.. caonage. Sit.no ra 1 2.00 tier ton: carrots, 4060c per sack; onions, 40T? aic per bu; parsnips, 75c per tub; spinach. iac per tub; turnips, 40JF65C per sacK. C. H. WANZER STOCK AND BOND BROKER. Stocks Carried on 3 to 5 Point Margin. Nominal Rates of Interest. 333 Rookery BIdff., Chicago. TFIEPIWE HARRISON, 3405. JOHN DICKINSON & CO. STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Salle St, Chicago. New York Office, 42 Baoadway. Member Chicago Board of Trade. New York Coceolidated Stock Exchange. Direct Prlrate Telephone, Ceatral SS$l Wire East. Automatic 4058. Central 5551 LIVE STOCK MARKET. Union Stock Yards, Jan. 9. Hog receipts, 35,000; market shade lower; left over, 5,200. Light, $6.20 to 6.45; mixed, $6.25 to 6.50; heavy, $6.15 to 6.52; rough, $6.15 to 6.25. Cattle receipts, 22,000; market steady. Sheep receipts, 22,000; market steady. Union Stock Yards, Jan. 9. Hogs closed weak to 5 cents lower. Light, $6.20 to 6.42; mixed, $6.20 to 6.47; heavy, $6.15 to 6.50; rough, $6.15 to 6.25. Cattle and sheep closed steady. Hogs Cattle Omaha .... 7,000 5,000 Kansas City 10,000 7,000 St. Louis . . .11,000 3,50 Sheep 5.000 4.000 2,500 GRAIN MARKET. Chicago, Jan. 9. Car J; corn, 193; oats, 109. lots: Wheat, Estimates for Tomorrow, Wheat, 42 cars; corn, 282 cars; oats 123 cars; hogs, 34.000 head. Total Clearance. Wheat and flour equal, 171,000 bushels; corn, 99,000 bushels; oats, 18,000 bushels. Northn-eat Cars. Last Today Week Duluth 54 157 Minneapolis 217 649 Chicago 69 112 Last Year 107 262 16 Southwestern Receipt and Shipments Wheat. Todav Minneapolis ....... 232,000 Last year 262,000 St. Louis 39,000 Last year 56,000 Kansas City 49,000 Last year 51,000 Shpmts 76,000 74.000 22,000 38.000 121,000 53,000 Primary Movement. Receipts Wheat today .... 4 S 0,0 00 Last week ....... 1,242.000 Last year 574.000 Corn, today 462.000 Last week 1,390,000 Last year 505,000 Shpmnts 291,000 234,000 239,000 399,000 508,000 400,000 LIVERPOOL MARKETS. Liverpool, England, Jan. 9. Wheat opened lower; corn, unchanged. Liverpool, England, Jan. 9. Wheat closed to lower; corn, unchanged. WEATHER FORECAST. Illinois and Indiana Fair tonight aP u Tnursday; somewhat colder tonight; warmer north Thursday. Lower Michigan Fair, except snow urJ" es near the lakes and colder to-?i-it; fair Thursday, warmer north Wisconsin Fair tonight and Thursday; warmer north tonight and tomorrow. Minnesota, Dakotas and Nebraska dav a farmer tonight and ThursrIS7;fa,r ton'Sht; fair and warmer Thursday. anI1Iat.rir,Fair tonight, colder south and east, fair and warmer Thursday. ota fa.s Ialr tonight, colder soiithArAi ar?d warmer Thursday. r,j?Ka.nalalr and warmer tonight; probably snow and warmer Thursday. HEARD ON THE BOURSE New York. Jan.9The market was very professional. Jlm Keene made a raid on the market when the Insiders who had sold stocks yesterday, put money up to 15 per cent on call, although time money was loaned t per cent for 90 clays. The -theory is

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Wire to Lake County Times. that an effort was made to dislodge """5 mock, so as to scalp in cheaper. again Gates was reported a larj;t. s.-llt-r of all kinds of stocks late in the dav. supposed to be a big line that had bM-n token un before the holidays and that showed a good profit. He sold 15.000 steel common. Copper was held down and completely under the influence of 26 r.ro.idwav They stopped a runaway market in copper yesterday and sold enough all day to make timid holders unload, rhey are trying to put the stock back to lit, or so, especially on the talk of a large stock increase. Southern Railway was noundi.ii . talk of the Spencer estate selling out all of the hue j. residents stock and the Morgan people did nothing to help their stocks as tlfey had troubles of their own. One of the Incidents of the bear raid was the story that was circulated that J. I. Morgan was very ill. This story was not denied until late, but the fact is Morgan was home all day and had doctor and he might bo very sick aa no word came out. Steel tried to keep up its head for a while, but it was no go; it had to drop. It got to the highest price in four years and that was about all. I nm told, however, that in the drop the buying in it was very good and it ought to be bought on all reactions. Colorado Fuel was consistently sold all day by the Gould people. The storj is that Oeorge Gould will now be entertained by the investigating committee the same as Ilarriman and he is taking advantage of the market to get rid of fuel. Brooklyn was weak until they got the Coney Island ten cent fare decision in their favor and the shorts jumped to cover to the extent of three points or so, but the weight was too heavy for it and down it dropped. The stock is not worth the money it is selling for no matter what the fare is. Atchison was sold early In the day by the Berwyn crowd, but on the break it was well bought and it is, in fact, in fine shape now for a good jump. The pool is very strong and is well supplied with cheap time money and the 19 per cent per annum earnings of the company and the 6 per cent divi dend that will come in April makes it an easy Job to put up the stock. Bears were rather enthusiastic under the lead of the drop in Southern Hall way. They sold considerable stock and it rather looks as if it were over-done. The feeling is rather mixed. Fifteen per cent money does not look good and it looks more like a scalping market for a while than anything else. Commission houses sold stocks, in fact, dumped them at any price for a while. Customers after standing the big interest charges of last month are too nervous to stand any kind of a bear racket and stampede at their own shadows. Nobody can hold them hack when once started. All the news at the close is that the market has struck bottom and will have a good rally, especially Union Pa cific, which has had a five point break; also St. Paul, which is entirely too low. Southern Railway was sold on report of a new big bond issue. Content sold 12,000 Union Pacific. Barney was a heavy seller of Copper. Tho selling of Colorado Fuel was bv the (ould crowd. Commission houses sold everything that could be sold. Keene brokers helped out by taking tne market away from others. Wasserman sold Heading cheerfully and In juantity. McDonald went short a large amount of stock scattered over the whole list. The Morgan people tried to sell some steel, but Frick, Rogers, Ilarriman and Ivuhn-Loeb were buying stocks quietly all the time. Money will be cheaper and in better supply next week. These breaks are the time to buy stocks. Gossip is that copper will issue 100.000,000 of new stock to take over all of the Ryan-Butte copper stocks. This Is one of the reasons that Amalgamated does not go un. Car Foundry is now 14 per cent and one of the insiders says it will start paying 6 per cent the first quarter of this year. There was a lot of bui! talk on Penn sylvania. One of the smartest traders in the crowd is wiring all of his friends to get in on it on this break. Frick has sold all his Reading and is buying Pennsylvania in its place. The earnings for the past thirty days have been far larger than the estimates. Every bear on the iioor is afraid that the Ilarriman investigation will be awful bad for the railroad companies, especially after the meeting was postponed. New York Central will anticipate its dividend by mailing checks at once to help out the money market. A People's Gas director says there is no foundation for expecting an increase in dividend. They only have four years left on the 85-cent contract and it would simply mean that the city would make them sell gas at 60 cents. They are now making money, but will keep it. The National City bank loaned one million dollars at 6 per cent when the money market was 10 per cent. The Morgan banks called loans and put the call rate up. St. Paul shows two and a quarter million increase since July In their earnings, J. L. D,

Wednesday. Jan. 0, 1907.

BIG BLAZE AT DETROIT MostMof he G;eat Plant of the Michigan Stove Work? in Ashes.

LOSS OF PROPERTY IS $750,&G0 ' One Dead and Four JJore or T.a

riouslv Hurt Fire Department Team ttuns AwayTerrible Kail Disaster Averted by a natlly Hurt but Heroic lCrisjine-er. Detroit. Jan. 0. Tiro putted th major portion of the laro plant of th Michigan Stove works on JrtYerson avenue, causing a lvw estimated nt $7oO,-0-0, while iho entire plant was inMiml f,,,- llUt j;WMm, Upwards of l.mx pas nnd coal stove were ruinwl nnd of the tremen-lou plant, covering an area of ton r.r tweho acres, only the ortioe building, the foundries nn.l part of tho storace I.uildinjr were savod. Several firemen were injure.1 by mump debrl. and half a rioren Rppctntors Avere hurt when "tho horses attached to one of the fire department wapons ran away into tho enormous crowd that lined the street opposite the burning plant. Thiw Hours' Hard Fipht. The tire broke out soon after l p. rn. from some unknown cause in the buildings at the rear of the plant, which employs a total of l.L'oo men. It spread with tremendous rapidity, and by the time the first detachment of the fire department arrived was beyond their control. A general alarm wns sent In for all the apparatus in th city, and for three hours there ensued the hardest fight the firemen have had in thi city for seerul years. The glare of the f.nmos was visible for five miles, and enormous crowds of people were attracted to th scene, crowding the adjacent streets ar.d necessitating th calling: out of all the police reserves to keep them out of danger. World's Fair FWUe Collapses. One of the features of tho fire wa the collapse of a huge t0ve. as large as the average house, which wns one of tho exhibits in the Manufacturers' building at the World's fair In lssc. It stood upon a pedestal in front of the plant and was crushed down by a talliiijr wall. One of the Injured Dead. Five of the persons injured bv th runaway were taken to hospitals. Au unidentified man Jg dead at St. Marv'a hospital his Kkufl Was crushed by the horses hoofs; Joseph' E. Tack Is In a critical condition with a fractured skull; Mrs. Joseph E. Tack, his wife, has a broken thigh and lesser injuries, and two men named Dixon and Brady have injuries which will not prove fata!. None of the firemen was seriously Injured. Spontaneous combustion among the stored coal is the only cause that can be assigned for the fire. The plant will be rebuilt as soon aa possible. ; CLOSE CALL FOR A HORROR Engineer, Badly Kcalded but a Hero, Saves a Train. Boone, la., Jan. 0. After running wild for miles at the terrific speed of seventy-five miles: an hour, with an engine out of control by the blowing out of a "stud" In its boiler, the Chicago and Northwestern fast mail train No. 10 was barely wived from destruction by tbe heroism of Engineer Louis Shull. Shull w(ih blown from his seat by the scalding vapor and boiling water. Dazel for the moment, and knowing it was impossible to reach the throttle and bring the flying train to a stop, the plucky engineer climbed out upon the tender and drew himself over the coal to the express car beyond. The express messenger, fearing robbers refused him admission. Shall hammered at the door, and when it was suddenly opened by the messenger he stool In the way with a pair of pistols aimed at the head of the engineer. "When Shull finally staggered in bleeding and half dead he Just had enough strength to reach up and pull the rope connecting the air brake. Th train came to a stop shortly after. Bat for the presence of mind of the engineer who, at the risk of his own lif stopped the train a frightful wreck would have resulted. Five Men Are Missing. Tortland, Ore., Jan. 9. Five mea are beiieved to have been drowned In the Columbia river near Butler's, Wash., Sunday night by the capsizing of a boat in which they were crossing the river. The missing men are W. E, Murray, county surveyor of Skamania county. Wash.; Carl Lindstrom, William Wallace, Jackson, Stevenson, Wash., and an unknown man. Dead of Ptomaine Poisoning. Carlsbad, N. M.t Jan. 0. W. Tj. Riser, wife and two children, are dead, and other members of the household are thought to be dying from what is supposed to beptoniaine poison!ng. The Klsers reside on a ranch on Toyah Creek. Tex., and the entire community is said to lw suffering from the sam kind of poisoning. Death of Professor Cox. Jacksonville, Fla., Jan. 9. Prof. E.T. Cox, St, years old, born in Culpeper county, Va., later moving to Indiana, where he became 6tate geologist, a prominent member of the American Association for the Advancement ot Science, is dead here. His body will bo taken to Indiana tot burial.