Hammond Times, Volume 1, Number 191, Hammond, Lake County, 31 January 1907 — Page 4
The lake county times
wrr FOUR. Thursday, Jan. 31, 1907. I
THH LAKE COUNTY TIMES
AN EVENING NEWSPAPKR PUBLISH. ED BY THE LAKK COUNTY PKINT INO AND PUftLISfllNCl COMPANY... "J3ntred eu second-clae mattr June, ft, 1901. at the rohVofflce at Hammond, Indiana. under the Act of Consrca. March t, II7." 4 GOic In eond. Lnd. Hammond building, Telephone, 111. HamCItioago O filer. Kom lt2 Tribune Building, Hugli y7. Monttamcry, representative. Sukacrly ties. faarl Half Taarlr ..... XlnsU Copies ... .. .13.00 ...J1.50 . 1 ceat AUVUlllSI.Mi 1I1MS. T!j ftbmvil mrrchapt ee to It that Ids newspaper kimoanrrmruli nro bright find attractive, that the copy ta ckaugtd regularly and tbat the printer has Ills dlaplay ads la time t clv them th attention taey deaervo. LARGER PAID UP Circulation than any other Newspaper in Northern ind. Circulation Yesterday ciBCUlATiorr iiooks ope.mt to the rflKSLIO FOlt INSPECTION AT AL.lt TIMES. To subscribers. Readers of the Times ars requested to favor tho management by reporting any irregu l&ritip in delivering. Communicate with the circulation department, or Telcpions 111. H0NAN AUGUES WEAKLY. The arguments raised by Mr, Ilonan, the minority leader of the house, in favor of tho Faulkner bill, -which requires the reclaimers of submerged land to pay for what they reclaim at the rate of jone-nfth of the appraised valuation of the contiguous territory, are absurd on the face, and if Mr. llonan could have the opportunity to enif 1 v n v i Si 1 1 to ( ta r v h e iir,iil,1 wnf runai r onmi i" f t ll A Tt T Pt Ft " S - terous statements he has made on the Bubjeot. In a speech yesterday Mr. Honan is quoted as saying- that the steel trust dumped its slag into the lake because It would have to pay for .any other dumping ground and that when two miles or more of the lake front had been Tilled in the plant .would move to new grounds and sell its former site for building lots. Just to show how absurd this statement is, it will be remembered that slag is now a valuable by-product used In the manufacture of Portland cement and is entirely too valuable to be used to any great extend n tilling in the lake. For years to come it is entirely out of the question to till in tho lake front for a distance of two miles or to reclaim enough land to bo suitable for the site of a plant like that at Gary. And if there should bo enough land reclaimed it Is preposterous to think for one moment that the steel corporation would move a $75,000,000 plant In order that tho site now owned by the company might be cut up into building lots. No doubt there will be extensions made on tho reclaimed ground, but to move the plant is out of the Question. It Is very plain rom some of the arguments that are liing Introduced for and against this bill that the people of the southern part of the state know very little alumf conditions in tho Calumet region and perhaps it would be a good plan to cut out one of the trips of the coir, special and give tho state solons the privil-ge of seeing what a. transformation capital aggregating $100,000,000 is making in this neck of tho woods. If they will just estimate tho amount of taxes that will hi received from this source alone they might find it good policy not to antagonize corporations without cause. WITH THEEDITORS. Modern Sensational Trials. Commenting on tho boy-Inning of the Thaw trial in Xew York, tho Washington Star says: "If Thaw wore being tried in Xew Jersey, the jury would have boon obtained the first day and tho presentation of evidence would by now have been well under way. Uiul.r tho system in vogue in that state, which is, perhaps the most expeditious in the country, criminal procedure is rot only swift, but it .seldom fails to score i:i the interest of the public welfare. Mistrials are of rare occurrence there. and the state is very liitrequ-nt ly treated to the spectacle of a trial i stretching over a fortnight." j It is a great pity that tho example I of New Jersey cannot lnhucnce states, for it has come to tho c .t'.on pretty generally that, when V. Intel esta enlisted are powerful enoug not only are the trials prolonged, b the verdicts fall of justice in i r.r.v cases. The Star adds: "The feeling against the jury system in this country is undoubtedly to ; large extent provoked, if not caused ly these frequent exhibitions of Its failure to meet the modern requirements. Long initial delays, excessive waste of time in the presentation cf testimony, the multiplication of expert evidence, the exhausting, as well as the exhaustive speeches of counsel, all tend to lower the public opinion of our
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present method of ascertaining the guilt or Innocence of those accused of crimp. The "struck Jury,' the submission of technical questions to commissions, the regulation of cross-examinations and tho curtailment of speeches would tend, not only to save time, but to render the administration of justice more certain."
MAKEEVEH TO DIVIDE ESTATE. Undo John Makeever Las concluded hi has too many business cares on his hands for a man in Ma SSth year, even though lils mind be as bright and clear as ever, and his physical Btrength niarveloualy well preserved for a man of that age. Therefore he has concluded to divide up a considerable portion of hi3 estate, along with the worry of carlct? for It, with his two daughters and only children, Mrs. Almira Stockton and Mr. J. V. William!". Between them he will divide 2,500 acres of land, worth about 1160.000. Mr. Makeover will still retain th ownership and management of enough land to make four or five big farms, and among tha best of his land, too, as well as all his? town property, which last In Itself is quit a large estate. Rensselaer Republican. Brute Against Brute. If the man and the horso could exchange placea for about three months there would be mora woolen blankets sold, leas horsoa tied all day and part of the night, more regular feeding and less hard driving, aa few drivers ever think of the faithful horse and the services he renders. It is a shame the way some men treat their horses, drive them to town and in order to save twenty-five cents let the faithful animal stand tied all day without dinner or even a blanket. Rensselaer Journal. Price cf Canned Goods. The Boston Herald notes that tdnce the pure food law went into operation the price of canned goods, particularly meats, has increased. Of this the Herald says: "All the packers have to do Is to put up their goods honestly and under sanitary conditions so that they can pass the inspection. In order to do this they insist upon the necessity of raising prices to the consumers. This is equivalent to confession that they were cheating the consumers before, as was alleged by health authorities who analyzed the stuff they were Imposing on the public. But the cheating has been stopped, and the foul conditions of preparation that formerly existed. The people presumably are now getting what they pay for." When the Mississippi Freezes. Since ibiO there have been but six seasons when tho Mississippi did not freeze over, these being the years 1ST3, 1875, 1801, 1902 and 1906. The thirty times that it did close, the ice stopped running thirty times in December, showing that this Is the month when the heavy cold usually sets In. The earliest date recorded is Dec. 4, 1S72, and the latest Feb. 24, 1SS9. One season, 1893-1896, the ico froze up tight and then moved six times the variation of the temperature of the winter. Hannibal Journal. Between Trains GROUND HOG'S MODERN CUSTOM. "surrenders Monopoly on Weather Privilege of Eating Shadow Not Alarming. for Few people seem to realize that next Saturday is the fateful day which decides the coming of spring. As we have had but a small taste of winter eo far nono can realize that spring time is so near. Saturday Is the proverbial ground hog day which tells of the advent of spring. Unless the ground hog has been exceedingly regular in his habits it is likely that he has been out several times this winter and probably he has enjoyed such good nourishment that he is not so poor that his shadow will cause any unusual alarm. The traditional story is that the ground hog- hibernates for the winter and that on Fob. 2 he appears for the first time after his vacation season in the underground resort. It is said that after the months of sleep and rest he comes out to poor that in case the sun shines lie always becomes frightened at his shadow and ho immediately returns to spend six weeks more In the underground resort. It matters not then what the weather man may have to say, spriiis does not come until the ground hog again peeps from his quarters. Up-to-date ground hogs have exploded the theory some times by the modtun idea of working through the entiro winter. During an open season las the present one has been, the i ground hog nnd3 time to come out belt ween meals and gather fresh food from the hillside. Of course the sun j has been visible only a few times with in the past month so it is likely that Mr. Ground Hog has been out several (times and so far as known he has not been frightened as the nourishment has ikept him fat and thera Is no cause for alarm at the nice round shadow that j his body makes. ! If tho habits of the majority of the i ground hogs have thus been modern- ' Uod, it is likely that they have sur- ' rendered the monopoly on the weather t regulation for the privilege of getting nourisinnent at ail times or tne year. Because He Loved Her.
11-1 An I,.-, ; years
Atcnison young man not many ago commenced to call on a lie kept her out on the front girl, porch late at nignt, r.e made lite a i tonne nt for her if she looked at any man. and finally he married other her. in f? Ho is poor, and her father was airly good circumstances, so that the first time in her life she beto taste privation and self-denial, cooks for him. cleans, sews, mends. for gan She and slaves for their two children. Do you want to know why this man put her in a position where she would experience such hardship in addition to his tyranny? Because he loved her. Atchison Globe.
A Squelcher.
"I gave that odious Mrs. Doughpurse something to think or tins anernoon, said Mrs. Bankfull to her husband, who was amusing himself by tossing twenty dollar gold pieces into tne nrunciai lake in the drawing room for the pleasure of hearing the gold pieces plunk as they eanK. "Whajia Bay t her?" asked Mr. Bankfull, rolling himself a cigarette In a hundred dollar bill. "She was boasting about the solid gold radiators they are having put into their new house, and I told her we thought steam heat was so old-fashion ed that we were going to heat out home with radium hereafter." Judge. SEPTUAGENARIAN SKATER. Vincecnes, Ind., Jan. 31. Ilalbert A. Buck, a retired business man, yester day observed his seventy-eighth birth day, and, as he expressed It, "Just to see how it feels to be a boy again," put on a pair of skates and spent two hours on the lco In the northern part of the city. He was none the worse for the experience. When young he was an expert skater, and he demonstrated yesterday that he has not forgotten his stroke. She Wanted to Know, There Is .an old story of a simple highland lass who had Walked to Glasgow to Join her sister in service. On reaching a tollbar on the Bklrt of the city, she began to rap smartly with her knuckles on tho Kate. The tollkeeper came out to eeo what she wanted. "Please, sir, is this Glasgow?" she inquired. "Yes, this Is Glasgow." "Please," "aid the girl, "is Peggy In?" Argonaut In Confidence. "I knew, he declared, 'that we ruj uiojj jotno qo-ea aoj uuauz very moment 1 first saw you." "I knew it," sho replied, "long before that." "You did?" "Yes. I may tell now in confidence, since we're engaged and it's all set tled, that mamma has been maplng out our accidental meeting for three months. She'd Lost Track "Will you marry me?" "This is so sudden." "Sudden? Why I asked you the other day and you wanted think It over." time to "Oh was that you?" Cleveland Plalndealer. Not Envious. Smartly Brown's wife makes all of her own hats! Mrs. bmartiy wen, i don t care as long as I don't have to wear them.Detroit Free Press. Foxy Mac. "Lars Persena, of Clausium, ' wrote Macaulay, "sat in his ivory car." "I wont mention the make," he mur mured. "Xo use stirring up trouble." Washington Herald. THE "HAPPY FARMER." A certain class or newspaper men as sert that a farmer Is the most Inde pendent man on earth, and that he has nothing to do but to enjoy life. That when winter comes and the blizzards on the wing lie toasts his feet in the oven and reads the local newspaper and tho only thing that disturbs him is a call three times a day to a ban quet of mince pies and other luxuries It is a mistake. The industrious farm er begins work long before the sun thinks of getting up. With his soul shrouded in gloom he proceeds to build a fire and soften his boots with a sled hammer. He then takes a lantern and shovels his way to the barn and feeds tho hogs. It is then time to feed the newly arrived calf, which seems to de light in butting a pail of milk over the tiller of the soil until he only needs to be stamped to pass for package of oleomargerine. He crawls through barbwlre fence and digs the hay out of the snow, feeds the cows, cleans the stable, gathers up the frozen chicks, chases a stray pig worth cents for four miles, and does not catch it, doctors a sick horse, freezes Angers, gets kicked by a one-eyed mule, and when the gloaming comes and quietness broods over all the earth he has a single half hour to meditate and wonder how he will pay his taxes. Robinson (Kan.) Index. A Mistake. An early morning customer in an optician's shop was a young woman with a determined air. She addressed the first salesman she saw. "I want to look at a pair of eyeglasses, sir, of extra magnifying power." "Yes, ma'am," replied the salesman; "something very strong?" "Yes, sir. While visiting In the country I made a very painful blunder which I never want to repeat" "Indeedl Took a stranger for an acquaintance?" "No, not exactly that; I mistook a bumblebee for a blackberry." Please Tell Us. Standing in line before the money order window at the post office yesterday were two men. One of them was "next," but as his turn came he permitted a woman to step in ahead of him to get an order. When she came through the man let another woman in ahead of him. This made the other man mad. "Say," he said to the man ahead, "please don't be a gentleman at my expense. I'm in a hurry." Was he right or not? Denver Post. Oldest Christian Structure. The oldest Christian structure in Ireland is a remarkable building, evidently very ancient, but wonderfully well preserved, at Dingle, in County Kerry. It is known as "the Oratory of Gallerus," and has stood practically uninjured for more thaii a thousand years.
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Latest Movements in Industrial Centers, by Exclusive
NEW YORK LETTER. New York, Jan. 31. The stock mar ket showed symptoms of too much short selling from the very opening this morning, There was a disposition on the part of the bears to press their advantages early In the session by sell ing blocks of Reading, St Paul, Atchison, Union Pacific, Copper and Smelter. But after they found such strong sup port by influential interests on the de cline bears became nervous and started to cover their short oontracts. As consequence, the market had a sub stantial rally, the final close showing advances ranging from one to three points over yesterday's low prices. It Is questioned, however, whether the rally will go farther or not, a number of good traders are of the opinion that the market will meet with the same lass of aggressive gelling should it advance much more. The money situation, as far us call loans are concerned, Is In a very easy condition. Loans were made today as low as 2 per cent. This Induced con siderable buying by people who are looking for bargains and believe that stocks are getting to a plane where they will show fair returns on tho money Invested. The market closed strong and buoyant, St. Paul was given too leaner In the upward move. This Issue has held better than any stock on the list. It is surmised In very well informed circles that the Standard on oiowu are very friendly to both St. Paul and Copper and will eupport their two fa vorite Issues despite the general market conditions. The close through the list tonight is very strong and sentiment in the street seema to favor a higher opening. MARKET NEW YORK Descpt. Open . .100 . . it a .129-; .. 42 High Low 98 99 129 41 110 141 86 70 96 31 114 78 71 15 49 46 33 22 9 180 119 36 35 80 69 O 9 Z 58 158 Close 101 99 120 4 2 112 14 4 86 7 96 81 116 82 73 15 50 48 34 23 30 183 121 37 36 80 " 1 35 69 59 158 3 5 27 57 135 23 1663 Atchison . 101 99 130 42 112 L)o pfd . Am. Sugar Am. Car . Am. Cap .110' Am. Smelt 1431 144 86 72 96 31 116 82 74 50?! 4S 34 23 flu J o .8 183 121 37 36 80 71 35 59 158 3 5 27 58 133 23 168 76 154 36 70 Am. Am. Am. Ice Scs Loco m Tob pfd 70 llo Am Wool B. & O. Biscuit . ' 3 V 73 Brook R. T. C. & G. W... Ches. & O... C. F. & I.... Col. South . Corn Pdts . Cotton Oil .. 15 i.4 49 i 4714 33 22ii 29 ',8 181 14 120Vi 36 36 80 Canad Pac Coast Line Cent Leath Denver com Do pfd ... Distillers ... .. 69 .. 34 ij, . . 69 .. 58 ..158 O t t V Krie com . . Erie 1st ... Erie 2nd HI. Cent Interboro K. C. w. com 26 56 133 22 164 73 153 3 5 69 86 67 125 84 421.2 34 95 129 47 119 33 96 25 5s 48 90 x' 24 14 5 23 42 31 169 42 104 32 16 31 23 4514 82 uo pi a ... 00 r3 L. & Nash 134 Mex. Cent . . 22 Great. North 164 Gt. Nor Ore 73 Nor. Pacific 154 M K & T cm 357s Do pfd .. 69 Mis. Pac ... 86 Nat. Lead . . 68 N. Y. Cent 1254 Nor. & W S4TS Ont. & W 43 Pacific Mail 34 Peoples Gas 90 Pennsyl. ...130 Press Steel 47 Reading 120 R. I. & S 34 Do pfd ... 96 R. Isl. com 25 Do pfd ... F-9 Rubber 48 South Pac . 91 So. Rv. com 2 5 St. Paul ...14684 St. L&SW... 23 70 154 36 70 87 68 126 85 43 35 ' 95 131 48 122 35 97 26 t8 49 93 26 148 23 42 32 172 44 103 33 16 32 23 43 82 68 126 85 4 8 43 35 93 131 4S 122 35 97 26 59 49 93 26 148 23 42 82 172 44 105 33 16 32 23 46 Texas Pac Union Pac a 1 '.'2 170 43 10414 32 1 6 31 2 3 46 U. S. Steel ., Do pfd . . . Va. Cnem . , Wabash Do pfd ... Wis. Cent . , Do pfd . . West. Union 82 82 Illinois Central 3. Erie 1st, extra dividend. NEW YORK COTTON MARKET. hJIonth
STOCK
Open High Low Close ...910 ... ... ...920 920 911 919-20 ...932 938 926 936-37 ...941 947 933 943-46 ...934 943 933 943-45 ...963 975 S60 973-74
Jan. Men. May July Aug. Oct. GHii MID PROVISION MARKET Month High Low Open Close Wheat. May ,.78-79 79 78 78 47 46 47 7Ss 78 7 S 46 46 46 " ,3 V8b 78b 75 463;a 46 46 a 39a 36 a 2 - 170 July Sept. Corn. May July Sept. Oals. May July Sept. Lard. Jan. May July Work. Jan. May July Ribs. Jan. Mav July I 8 7S ..46 ..46 ..46-47 ..3S-39 . .36 ..32 39 36 32-33 36 82 .1727 ,.1740 1742 1755 1727 1740 972 9S7 990 1735 175 .972 .987 .932 .960 ,.967 ,.972 975 995 997 990a 995a 975-77 980 967 970 9 70 975 CHICAGO LETTER. Chicago, Jan. 31. WHEAT A much broader market than has been In evi dence ior several aays with prices showing a fair gain over yesterday's final sales. The news as a rule favor ed an Increase in values with forelgi markets quoted a shade higher. Bids were disclosed very near to a workable basis for the better grades of wheat by exporting houses. On the advance to 79 cents for the May option a little profit taking was In order by the buy ers of yesterday. The market, how ever, closed strong with indications for further advances. CORN Showed symptoms of profit taking by the longs early, but later in sympathy with the advance in wheat and buying by one of the more promi nent tiull operators, market turned
Grain a
nd
firmer Rec ipts were rather large at this market. Corn in the sample market unchane-( d from yesterday. OATS Stronger than any cereal on the list. The May option again entered into new high levels on this bull movement. There was an excellent demand for the cash article from eastern exporters. Buying in the speculative mark--1 was on a large scale and for ind dentin! traders. Cash sales today 7:,,0uu. Tin- market closed strong. south wati:h street market. Chioaco, was linn, stock on t weather a Ian. r.l. The potato market Arrivals ure small and tin' ick Is unusually light. Cold 1 snows prevent loading and unloading md tho Inability ot the miPDors to iiet oar an- the faetors that are curtalllnar tho movement. In butter the demand was brisk at recent prices. The. egg market displayed considerable strength. Snows are expected to curtail production. The demand is good. Roan were higher. Quotations on round lots ranged: Butter Receipts, 3,on," tubs. Kxtra creamery, jobbing, 31 pri-e to retailers, S;tc: prints. 34c; firsts, 27 6T -9c: seconds. 21U2ic; June extras, 28HJT2!)c: .lufrow i-,m!ms "Te! lirsts. 22 61 ZoC renovn ted. '2:i(n 23 packing OIUCK, liVc; I ' o c. Eggs Receipts, 3.218 cases. Fresh stock at mark, n-w cases Included or coses returned, 2;H?25o; firsts, 25c; prime firsts, packed In whltewood caaes grading fin p,.r t.nt fresh stock, 26c; extra, 80 per cf.it freah stock, especially packed for city trade, 21c; storage Block 21V. rt(23c. Potatoes Receipt. 13 cars. Wisconsin, Minnesota, white stock, choke, 401. 43c; choice to fancy, Michigan. 42 44e; red, fair to good, US 40e; mixed, red and white, .1S'tr40c; common, nma.ll red and white, 38 i-40c. Sweet Potatoes Illinois, $2.25(u 2.75; No. 2. $1.25 4-1.50. Veal Quotations for calves In good order were as follows: 50 to 85 lbs. o56 SO to 85 lbs, 6ft Sc: 85 to 100 fancy, aloc; 150 to 175 lbs, good, meaty, 5 3 c. Dressed Reef No. 1 ribs, i: No. No. loins, 17 c; No. 1 round, 71, chuck, Cc; No. 1 plate, 4c. Live Poultry Turkeys, per lb, 31c; chickens, fowls, 11c; spring. 9c; roosters, 6c; geese, $3.00 & 7. Ou; ducks, 11c. Fruits Apples, $1.00 T 3.00 per brl; bananas, Jutnbo, per bunch. $1.4u(jJ 1.50; straight. $1.10 nt 1.25; lemon. California, $3.00.'a3.5u; oranges, California, $2.25 y 3.10. Green Vegetables Be(ts, 4 0 fir 50c per sack; cabbage, $ 1 0.00 c 12.00 per ton; carrots. 35Q60C per sack; onions, 40H 65c per bu; parsnips, 75c per tub; spinach, 25(fr 3oc per hamper; turnips. 40 0c per sack. C. H. WANZER STOCK ASS ESXD BROKER. Stocks Carried on 3 to 5 Point Margia. Nominal Rates of Interest. 333 Rookery Eldg., Chicago. TELEPHONE KARRISOM, 3!G3. OHN DIGKU & GO. STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Salle SL, Chicago. New York Office, 41 Bacadway. Members Chicago Board of Trade, New York Consolidated Stock Exchange. Direct Private Telephone, Centra! SSSi Wires Eat. Automatic 4058. Central 5551 GRAIN MARKET. Chicago, Jan. cars; 31. Car lots today, corn, 431 cars; oats, Wheat, 16 116 cars. Estimate for Tomorrow. Wheat, 12 cars; corn, 497 cars; 38 cars; hogs, 26,000 head. oats, Total Clejiraneo. Wheat and Hour equal 149.000 bush els: corn, 301,000 bushels; oats, 2,000 bushels. North-west Receipts Cars. Last Last Year Today ,v eek 8 157 11 Duluth 1-j Minneapolis ,,...114 Chicago .......... 18 44 ITS 21 Primary Movement, Receipts 307.000 ..335.0O0 ..431,000 ..246,000 Ship Wheat, tod Last week Last year 109,000 3 72,000 224,000 727.000 323,000 421,000 . . Corn, today- . Last week Last week ,453.000 .699,000 LIVERPOOL MARKETS. Liverpool, Jan. 31. Wheat opened three-tights to one-hair higher; corn three-eiehths higher. Liverpool, Jan. 30. Wheat closed live-feishths to three-quarters higher corn, live-eights to three-quarters higher. LIVE STOCK MARKET. T nion Stek Yards, Jan. 31. Hog re ceipts. 26.000: market steady; left over 13,500. Light, $6.63 to 6.72: mixed. $6.60 to 6.9-'; heavy, $6.60 to 6.90; rough, $6.6u to 6.70. Cattle 6,000; market steady Sheep. 12.000 : market strong. Union Stock Yards. Jan. 31. Hogs closed 10 cents higher. Light, $6.75 to 6.95: mixed, $6.70 to 7.00; heavv, S6.70 to 7.00; rough. $6.70 to 6. SO. Cattle and sheep strong. Hogs . 6,0u0 12,000 , 9.000 Cattle 4,500 4,000 Sheep 4.300 6.0UU 1,5'J0 Omaha ... Kansas City St. Louis . . VEATHER FORECAST. Chicago and Vicinity Snow and warmer tonight; temperature about 30; Friday rain or snow, colder by Friday night; brisk southerly winds shifting to northerly Friday. Illinois and Indiana Rain south, snow north tonight; Friday rain or snow and colder. Lower Michigan Snow and warmer tonight; Friday snow, warmer east. Upper Michigan Saow and warmer tonight; Friday snow and colder. Wisconsin Snow tonight. warmer mmU Friday clearing and colder.
rrovisions
Wire to Lake County Times. ,a'-nesotn F.iir except snow east niMit; Friday fair and colder. toTV'.wn:Sn,w "d warmer to night; W( if "Tept snow east. colder. r: . , , liain and warmer tonight; vln; rain or snow east and colder. Wl . i'aKota Fair except snow warmer Friday, snow and warmer. South Dp.kota--Fa r except snow east v v nuay enow and t'oluer. r 1 Vu , . ' V. 'V l' a J r except spow east to -T--'l 1 uuav ii r nn.i ft nd colder. ton - - - . -no- lUH Tl o r snow and warmer gat: Frhh probably fail ce b-r. and HEARD ON THE BOURf New York, Jan. 31. General llouldation is en that o-an bo Raid of th.t mn,. Ret U11d that Oil tOD Of Jl. Rl:nv,i ovxenuing over tho - ....... V DfLSt PIP fit Voalrn .' ij; a great ifi Some stocks are tban they have been In three as can now lui .imi years and as f., tne etui is not in sight Erie was PO!d by th Morgan hanr-ers-on. but it was noticed that Ream win covering tho .., in tho forties. This atock before the bara get don with It will probably poll about 22 to 25 nni t,...-.. ,., -. ..41 ,ouix jimu. Copper was the only real good thlner on tne nst and that went in 1m,, It was well bought and, In fact, all of tho buying was by th wtdl pouted inmufirj. juo Villa. 01 a tug stock of metal held noma place thin side of moon to advance the prle was ploded, nnd had no basis In fact the tho exSteel common made the finest report It has ever turned out and also made tho lowest prlco since last July 42 but the Morgan house bourht ome stock to replace that old at 50 and th stock look pretty fair for a rully. One old timer saya: ' say I can not express mcnt as yet Nothing to better the situation, T am Borry to bullish sentlhas happened Tho animosity against the corporation Is tho same and I can neo nothing to bull the market on except a natural advance on short covering." The report of the Interstate commerce commission shows the attitude of the government against trusts and accuses the Standard Oil company of all tho crimes in the calender and also asks for more power to control all kinds of corporations business. Rldgely says; "Prices may be sloppy for a day or eo, but I am bullish on the market; but I am a very much disgusted man- This market has been well bought on the scale down, but so far the bears are playing on velvet." Southern Taclflc pool had their holdings ship and they to unload today or knocked some or sink the it lower than it has been for long time. The dividend will now at 5 per cent, and will not be remain raised heavy next month. Houseman buyer of shorts in It. was a Union Pacific dropped to almost where it was In August, when the 10 per cent dividend was declared. The betting Is 5 to 1 that it will not pay five per cent, semi-annual dividend next month. Gossip had some of Harrlman's brokers selling It Public is too tired to go In after the bargains, plenty of ers. They have no stock and money; but there are no buyThere is disappointment that the mar ket does not show more rallvinc- nower In face of the brilliant statement of the United States Steel company, and this shows that the people do not like to see a bull market. While an advance of several points can take place on the shorts at any moment, I don't see where .1 bull market can come from under the existing conditions. Nothincr but bear talk all around; the room feeling is very Pad and all the big traders are to a man bearish and there has been no rally in three weeks. Think a good rally Is overdue, and that is all one can hope for. Some good support was put Into St. Paul and Copper for a while, but the weakness in Brooklyn and the big selling in Steel was to much. A rather good class of buying in Reading and Southern Pa cific helped for a while, but nothing could stand the racket. Atchison voted to issue $98,000,000 new stock and bonds and stock went below par at once. Twenty-five millions are to be used at once. Southern Pacifia 13 expected to ask for $100,000,000 soon, and on top of that the Union Pacific will ask for $150,000,000 in fact, no end to the new issues. Pennsylvania is now selling at 130 and paying 7 per cent, or 5 cents to the investor. ThiB Is the highest rate this stock has returned to the investor In over 20 years. Steel statement shows the wonderful prosperity of the country; but temporarily the bear crowd is on top and will force the pace and continue to depress prices, but It looks as If they are running sh ort of ammunition and pretty soon their shots wiil have no effect and fall short and when they start to cover a good market will follow J. L. D. Women's Old Organization, Charleston, S. C, is said to have a philanthropic organization of women in its ninety-fourth year. It is known a3 the Ladies' Benevolent society, carries on its work by the most progres sive methods and .conducts a system of visiting trained nurses in Charles ton. South Carolina, by the way, has CS women's clubs-
URiSSUEVlTHJAPAN
President and California Delegation Hold a Conference on the Subject. SAID TO HAVE COMPROMISED rnc.. Mon 5aiefln3 tirifl, T- : . " .v'u." uui. the Jap Coolie. California IegUlaturo Tt leKra plied to Drop tlie Matter iur Awhile 'FristN School Itoard la Stamlljur I'at. WnPh!n!rtM Jan. r.l. After tw hours conference at the White lions regarding the Jnpariepe question on the Pacific coast the California delegation la (onpress nuiliOrizr.1 tho folhminsf statement. '"I lie California cieJeimtioii hml n very full nnd harmonious discus fdon with the president, the secretary of Ft.ite oiul the otTct:try of the navy on the serious questions relating- to th Japanese on the Pacific i-oast. Tlit character of the discussion lea.- u? to feel confident that a solution will ne reached Fatls'ioctory to an concerned. Tho result of tho tncetins Is that the flrlejration hns telegraphed ta the president of tho 8nn Fram-isoa Imnrd of education and the superintendent of schools to come to Washington at once for a conference with thfl president and secretary uf plate.' Callforniuns Have 'om promised ? The existing treaty between tho united Suites and Japan will expire March 12 this year. President ltooseTelt has heretofore assured the incinhers of congress from California that he would endeavor to form a new treaty with the Japanese empire whicli would meet with their entire approval, and at the. snmo time prove satisfactory to the Tokio government, Tho Cnlifomians hav in the past insisted, on an exclusion net to bar Japmuo cool Irs out of tho-United States, but it i hinted ns n result of the coiiferenco that tho California delegation has practically agreed tr waive this demand and leavo it to President Roosevelt t negotiate a nev.' convention which wiil hei-p Japanese coolie labor out of thi country. Something Doing, Surely. Sacramento. Cal., Jan. HI. loverno? Gillette has received a telegram from Washington Klynied by t he California delegation, urging him to asd the legislature to defer all action on. Japanese matters. The message caused much stir among the monitors of both bouses. Governor Gillette was soon in consultation with the leader of tho senate and assembly and has prepared a formal iticssase to the lesrislatnre advising such action, w hich w ill probably be taken. Frifteo'H Hack U Still Up. F-an Francisco, Jan. 31. School Directors Walh and Roneovkri will leave for Washington tonight in response to President Roosevelt's Invitation. They declare they are determined not tfo accept any compromise in thu matter of Japanese attending public schools other than those set aside for Orientals. REFLEX ACTION OF MOB LAW Lynchers Mnrder All the Witnesses and Three AccuhciI Murderers Have To Be Itelc-ased. Charlotte, N. C, Jan. 31. The casfc. ncalnst Delia Dellingham, Henry Gillespie and George Irvine, the first named a woman, charged with, tbo brutal murder of the Ryerily family, at Barber Junction last July, was called In the superior court at Statesville, but the state found itself at a standstill before the trial had more than started. When the mob of whites lynched Urn other three negroes implicated in thi crime, at Salisbury last summer, all the evidence la the case for the prosecution perished. The judge ordered the -witnesses discharged and ordered the jury to bring in a verdict of not guilty. Bams Defeats llackenschrnldt Omaha, Neb., Jan. .11. Fanr.eV Burns defeated Charles Hackenschmidt at the Auditorium here. Burns won the first contest at eateh-as-oatch-ean in second, Graeco-ltoman, in 31 minutes. Burn won the third, catch-as-catch-can, in 24 minutes. Dispensary Seems Doomed. Columbia. S. C, Jan. 31. The houft of representatives by a vote of 74 to 4S passed a bill abolishing the state dispensary, the senate is commuted to the same policy by a majority of three votes, so that the dispensary seems to be doomed. Fireman Seriously Hurt. Chicago, Jan. 31. The plant of th White Eagle Brewing company and an adjoining dance hall were practically destroyed by fire, entailing a loss estimated at ?7r(0 to 100,000. A fireman waft seriously injur;! by falling from a ladder. They Want a Five-Hon r Day. Toronto, Jan. 31. At a meeting attended by 30O of the COO telephone operators of the city it was decided that unless the company grant a fivehour instead of an eight-hour day as at present, the entire force will strike.
Appointed by Governor Davidson. Madison. Wis., Jan. 31. GovernorDavidson has reappointed Duncan McGregor, of Flatteville, and John II. Roemer, of Milwaukee, formal school regents.
