Hammond Times, Volume 1, Number 213, Hammond, Lake County, 26 February 1907 — Page 4
t
PAGE FOUR
THE LAKE COUNTY TIMES
Tuesday. Feb. 2G, 1907.
THE LAKE COUNTY TIMES ZJ! EVENLNQ NEWSPAPER PUBLISHED DT THE LAKE COUNTY PRINT IN Q AND PUBLISHING COMPANY... "Entered an eecond-clasa matter June. IS, 180S. at the poBtoOlaa at Hammond. Indiana, under the Act of CongreM, March g, 1579." - i CfScea In Hamronl baildlns, Hamtaond, Xnd. Telephone, 111.
Ois&so Office. Vtotm 16C Tribune Building:, Hugh Tfv Montjstaery, representative. -I-11IT IMMW ?exsos SubscrlBtloa. r.fr Calf Yearly ...$1.50 E&i. Copies ....... cent
LARGER PAID UP Circulation than any other Newspaper in Northern Ind. Circulation Yesterday
CIRCULATION BOOKS OPEX TO THE PUBLIC POll IXSPFXTION AT ALL TIMES.
To subscribers. Readers of the Times are requested to favor the management by reporting any irregularties in delivering. Communicate with the circulation department, or Telephone 111.
WOEK PLEASES CONSTITUTENTS.
Hammond men who hail occasion to Visit in Indiannpolfs in the furtherance of legislation are lavish In their praises Of the delegation from Lake and Porter counties, said one who returned Saturday. "Senator Dowser lias been a positive revelation not only in hl3 tireless energy, but grasp of affairs. Vetteran law makers of both parties tell rue that in their recollection no other young man that has been sent to tho senate gained go much prominence and Inspired so much respect for himself and his opinions as Bowser. "Bowser Is untiring. His knowledge of affairs, Is not confined to his own district but covers tho state. lie lets nothing go by default. He reads every lino of every bill, no matter how inconsequental It may appear, and when It comes up for consideration he knows It in all its bearings and is not backward In expressing his opinion. "Dowser burns the midnight oil In 6tudy. Ho sometimes misses his meals tc post himself on tho minutia of pending measures. If ho is capable of keeping up tho. present clip, he will mako a name and a placo for himself in state politics and that too. In record breaking time. "In the house Representative Simon end Dwyer are looking sharply to the Interests of their constltutents irrespective of party affiliations. Altogether this section is in good hands."
IN OTHF.R words Governor ITanly declares that no corporation or individual should bo given title to the bottom of tho lake until he has brought it to tho top.
AND still there are places where home rule does not necessarily mean license to the lawless and tho damnation of the "saloon clement."
IT IS beginning to dawn on us that Undo Richard Siebert really takes
himself seriously as a candidate for
mayor of Hamomnd.
THE submerged land bill ran on an uncharted submerged rock.
WITH THE EDITORS. A PROHIBITIONIST'S VIEW.
Hammond husbands should not get the Impression because Mr. Condo's anti-hanging bill was knocked out that
the right has been conferred on them
to hang their wives, as one attempted
to do Thursday. It Is all right for them to "string' their wives when called upon to account for a return home nt an early morning hour, but
when it comes to hanging them, it is going a little bit too far. Indianapolis
Independent.
the land to the menace of prosperity and general happiness. It is indeed high time to discontinue paltering with the loos thought of the loose thinkers. There i3 a kind of discontent that is divine, but there is another of the pit. We have had and are having a plethora of the latter. It is time to make greater effort to discriminate to stigmatize as they deserve to be stigmatized, and to regard as they should be regarded, those who would substitute hysteria for common sense and conduct government under tho instruction of a mob. Of more value than our fertile valleys and plains, our mountains stored with minerals, of more value than all the natural resources of this great country i3 tho spirit of unity, manifest in a
lack of class consciousness, that char
acterized our first century and iuar-
ter. "Wholesome individualism, an individualism that does for the public in
the proportion that it does for itself
has been nourished by this atmosphere and can live in no other. Let partic
ular evils be particularly dealt with, let
definite abuses be definitely recognized and remedied; but the sound of heart and mind should combine to suppress tho malevolence that finds expression in strife-promotion in unfair and envious attacks on the base. of
our civilization. New York Globe.
Between Trains
ROOSEVELT A CROMWELL? A republican of prominence in the
state of New York said yesterday:
"Thierry, the French historian of
England, says that when the crown and
sceptre were offered to Cromwell he
hesitated were offered to Cromwell ho
swered: 'Do not mako me a king, for
then my hands will be tied up by the laws which define tho duties of that
office; but make me Protector of the
Commonwealth, and I can do what I please no stature restraining and limiting the royal prerogative will apply
to me.'
"Roosevelt is too potent for his job;
he dislikes its limitations. Now, in the event of his being offered a third term, he should decline it, and agreo to accept, in lieu of tho constitutional office,
a sort of protectorship of the common-
weath, and then he can do what he pleases.
"Roosevelt, having written a 'Life of
Cromwell,' must be acquainted with the foregoing quotation, and it must grill him to think he has not like power." New York Sun.
TEE LOSS OF MR. HITCHCOCK.
The current number of The Outlook reviews the work of Ethan Allen Hitchcock as secretary of the interior,
and, as its criticism Is honest and un
biased. It Is essentially eulogistic. The article Is commended to the thoughtful perusal of nil who do not now under
stand this nation's lasting obligation
to t lio truly great man, who retires to
private life on March 4. No matter
how able and sincere his successor may
be, it can bo truthfully said that this country suffers a distinctive loss in the withdrawal of Sir. Hitchcock frcm the
cabinet. Fort "Wayne News.
"An Affront to the State." Agreeable to his threat to interfere
in the exeeutio nof condemned murderers unless the legislature passed a law abolishing capital punishment Governor Hanly has commuted to life im
prisonment tho sentenco of William Spores, of Scott county. Spores' crime
was a peculiarly atrocious one and ho escaped lynching only by being taken tc- the Jeff ersonville reformatory where, by the way, he managed to precipitate a riot during his stay. He was known
In Scott county as a drunken, vicious, Idle fellow and his sentence was heartily endorsed by tho community. Gov
ernor Hanly's action, therefore, appears
in tho light of unwarranted interference in the execution of the laws he is sworn to upheld. He has set his
individual opinion above that of the
commonwealth and has supplanted the statutes with his personal prejudices. He is clearly in the wrong and his action in this matter is an affront to the state. Had ho not declared his policy
so cpenly, it is- probable that the clemnency ho has shown to murderer
Spores would have been entirely overlooked outside of Scott county, but un
der the circumstances tho incident is
nothing more nor less than an execu
tive proclamation that tho governor s
whim is to take precedence of tho
wishes, tho mandates and the laws of
the people. Fort "Wayne News.
ROBERTS DALE NEWS
Mrs. Harry Exton and daughter, Miss
Anna of Indiana boulevard, were Chi
cago visitors Monday.
Dorn, to Mr. and Mrs. Frank Don
negan of Harrison avenue, a daughter,
Thursday, Feb. 21.
Mrs. E. Rathburn and granddaughter
were Chicago visitors Monday.
Mrs. Charles Stross, jr., of Harrison
avenue, is confined to her home on ac
count of sickness.
Dr. T. W". Kohr of Indiana boule
vard. attended the meeting of the pub
lie library board at Hammond Monday
afternoon.
Arnold Schwertman was taken to St.
Margaret's hospital at Hammond and
is in a serious condition with typhoid
pneumonia.
Mrs. Samuel Tucker returned to her
home In Roberts avenue, after spend
ing several days in Chicago visitinj with relatives.
But She Ddn't Know.
A woman there was and she wrote for
the press (As you or I might do),
She told how to cut and fit a dress,
And how to stew many a savory mess, But she never had done it herself, I
guess (Which none of her readers knew).
Oh, the hour we spent and tne nour we
spent, And the sugar we wasted like sand
At the hest of a woman who never had
cooked
(And now we know that she never could
cook) And did not understand. woman there was and she wrote right fair (As you or I might do).
How out of a barrel to mako a chair.
To be covered with chintz and stuffed
with hair, Twould adorn any parlor and give it an air! (And we thought the tale was true.)
Oh, the day wo worked and the ways
we worked To hammer and saw and hack,
In making a chair in which no one
would sit
A chair in which no one could possibly
sit Without a crick in his back.
A woman there was and she had her
fun (Better than y&u or I);
She wrote recipes and she never tried
one,
She wrote about children of course,
she had none;
She told us to do what sho never had
done (And never Intended to try). nd it isn't to toil and it isn't to spoil That brims the cup of disgrace;
It's to follow a woman who didn't know
beans
(A woman who never had cooked any
beans). But wrote and was paid to filll space. The Congregatlonallst
Grain and Pro
o
Visions,
Mrs. August Weistenfelt of Atchison avenue, Is on the sick list.
Miss Selma Yogel is on the sick list with lagrippe.
Miss Hattie Klcmm and cousin, Augusta Wilkening of the East Side, visited with friends in Chicago yesterday.
William Bought is recovering from a slight attack of typhoid fever.
Mrs. Worthy Exton of Reese avenue, entertained her aunt and cousins, Mrs. A. Meyers and daughter, Mrs. C. Parks, of Cleveland, O., and Mrs. "William Meyers of West Pullman, 111., over Sunday.
Mrs. Robert Atchison and sister, Mrs. R. Baumgarten of Whiting spent Monday shopping in Chicago.
Alkali Bill On the Chug Line. Alkali Bill Brong is in charge of
the Death Valley chug line autos and makes daily connections with the
front. He generally goes out empty
and comes back loaded. Greenwater
(Cal.) Times.
New York. Fob. fi Th nervoil
condition which crevaiJed in the stock
market at the close last night was
again in evidence this mornine. Al
though the Investigation which Is go
ing cn by the interstate commerce commission disclosed sottip startlinc facts
n the way of juggling securities, it
was not as had as the bears were led to believe it wonl.i t. Prices started
day weaker than usual, new low
prices were established in Union Fa
ille, St. Paul, Erie, Colorado Fuel,
Southern Pacific, Great Northern, Northern Pacific and a few of the less active specialties.
After the lirst hour, however, shorts
found generous support in a number
of the leadincr railroad shares: shorts
finding the market bare of offerings
they started to cover which brought about a substantial rally throughout
the list. It was one of the broadest markets we have had in months; the
entire list showing fluctuations averag
ing from two to three points for the
:y. Union Pacific rallied from 168
up to lTOVi; St. Paul frcm 1434 to I4334 ; Southern Pacific from S9a; to 91;
Copper from 110 to 1114 and in fact all
tho leading high priced railway shares
at the close of the session show sub-
tantial gains over the early weak
ness.
A new spot was disclosed in the
market, a bear raid was instituted
linst the Reck Island shares which
more or less successful, lhe com
mon broke from 25 to 23 and the pre
ferred from about 56 to 54. There was nothing in the way of news to
cause tho weakness except a lew ru
mors tc the effect that the company
contemplated issuing short time notes
to secure capital. The market as a
whole closed strong close to tho high
est prices of the day, but It is the opinion of seme of the best posted
in the street that the rally will sustained.
HAMMOND'S UNIVERSITY
CLUB TO BE INCORPORATED.
Members So Elect at Meeting Held Last
IVIjjht A'ote on Admission of on-
Collegiates Results in Practical Bar
-Must Have Sheepskin.
Twenty-five of the ex-college and ex-
university students who were invited to
attend tho first regular meeting of the
Hammond University club, assembled
In the office cf Judge McMahon in tho
court house last night and made vari
ous suggestions regarding tho work
ing out of plans for the new organization.
It was definitely decided to draw
up articles of incorporation in order
that the new crganization might be in a position to contract debts and be a
legal entity. A committee of three was
appointed to draft the articles of incorporation, and it is expected that at
the next meeting it will be voted to substitute them for the constitution
recently adopted.
The question of the admission of non-college men was again discussed
and It was finally decided that the non
college men admitted to the club be limited to the seven who were included as charter members and that thereafter the admission of non-college men
could only be possible upon a unanimous vote cf the members present. It was pointed out that the identity
of the club should be preserved if it was to be a complete success and so
the restrictions against non-college
men were made almost prohibitive.
The enthusiasm at tho meeting ran
high and as soon as the club is in
corporated it is the purpose of its mem bers to secure ample quarters and pur
chase the furniture necessary to equip
them.
DRINK HABIT SPECIALIST FILES SUIT FOR SLANDER
Miss Mary Stein of Roberts avenue, is on the sick list.
WHOLESOME DOCTRINE. It is significant that former Presi
d?nt Cleveland and Governor Hughes
r.s dissimilar as two men well could be In their mental processes, should reach substantially tho earn conclusion In
their Washington birthday addresses.
This conclusion is that the public has not so much need to establish new standards and methods as to restore
and reestablish the old. Neither de
jdres any essential change In either
the character of people or government,
looking to evolutionary Improvement
rather than to revolutionary innova
tion to bring us better things. Both
ir-nlore and condemn the distinctive Floyd Knapp of Suoth Chicago spent
aemasoeio spirit that is unloosed ia. Sunday, visiting -friends.
Mrs. Frank Olsen is seriously ill at her home in Harison avenue, and is under the care of Dr. Hoskins.
Mrs. G. Farr and children returned to their home in Oak Park, 111., yesterday, after spending six weeks here visiting relatives.
Homer Dickey Claims His Business Has Been Injured By Homer Doty
C Sselby.
Homer Dickey of Shelby, Ind., who
runs a hospital for curing the liquor habit has started proceedings against James Doty of Shelby for slandering his business and reflecting upon his
character.
Doty according to Dickey's statement has been circulating sorties to the effect that he has killed three men at his hospital by giving them certain drugs and whenever a patient comes to the
sanitarium, the first thing he dees is
to tell them these stories urging them
to go away to some other Institution
Through his attorney's Wesley Taylor
of White county and Joe Conroy of Hammond, Dickey has entered suit for $10,000 damages. Attorney McAleer will
represent the defendant. The trial wil
come up at the next term of the super
ior court and some Interesting details are looked for during the trial of the
case. Mr. Dickey was in Hammond to
dav on business with his attorney, Joe
Conroy.
Latest Movements in Indiirial Centers, by Exclusive Wire to Lake County Timer,
MEW YORK LETTER. 4,elve(J CP10US rams thus breaking the 1 T TVpPTsnAT TTT"Tq
was
ceived copious rains thus breaking the drouth. Receipts of corn at this market were large but still the number of cars that will grade contract is discouraging to bulls or. corn. Later in the session the market rallied slightly in sympathy with wheat and on a few scattered shorts covering. At the close, prices show ver ylittle change from that of yesterday. OATS Ruled steady, maintaining the advance established yesterday and showing a stronger undertone than any of the grain pits. Cash sales today were the largest for some time being 330,000 bushels 1. Oats in the sample market unchanged from yesterday. Later in the session the market eased off fractionally, but closed fairly strong.
traders
not bo
II YORK STOCK MABKET
Descpt
Atchison . .
Do pfd . .
Am. Sugar
m. Car . .
Amal. Cop.
Vm. Smelt
Am. Loeom Am. Wool
B. & O.
Biscuit
Brook. R. T. C. ct G. W . Ches. & O. . . C. & A. com
C. F. & I . . .
Col. South
Corn Pdts . .
Do pfd ...
Cotton Oil . Canad Pao Coast Line Cent. Leath
Denver com
Do pfd . .
Distillers .
Erie com . Erie 2nd . . Interboro
K. C. S. com
Do pfd . .
L. & Nash . Mex. Cent
Great Nor .
Gt. Nor Ore
North Pac
M K & T cm
Do pfd . . .
Mis. Pac . .
Nat. Lead . N. Y. Cent . Nor. &. W. .
Ont. & W. .
Pacific Mail Peoples Gas Pennsyl.
Press Steel Reading . .
R. I. & S. . .
Do pfd . . It. Isl. com Do pfd . Rubber . . . South Pac So. Ry. com St. Paul . .
St. L &Svpt i3
St LSiSi- I'upr 4U
Texas Pac .is Union Pac ICS7:, U. S. Steel . . 43 i Do pfd ...1033 Va Chem .. 32 Wabash ... 16 Do pfd ... 304 Wis. Cent ..21 Do pfd ... 43 s; West Union 82
Open , .100 . . HS-'i .131 . . 43 's 110 1.1 HO1
72 . 32 .lOs p4
T0U
. 1 5 IS V3 . 43 3 3 . 2 2 l 's . S6V6 . 31 1821 36f3 36 . 79 . HVi . 5 3 Vis . 5 s . 32 27 "s . 08V3 .12S . 23 .161 69 .14'?
4 0 14
0 3 :s . si , 07 .124V3 . S3li . 43 32f 92s .12SVs 4SVa .1154 . 32 V3 . 97 24 S . 3 Va . 51 . 90 2 5'i
143 Vi
K i
High Low Close 101 100 V 101"s 132 V4 13ivi 132 Vs 44 H 43 441-3 III1.4 109" 1107a 142H 140? 111", 72Vls 71 72V2 33 32 33 109 107 5.4 109 Vs SI so'm SI 71 V2 71V4 153 4 15 c8 15r"8 50 ";8 4 9 a 50 9a 19 IS1: 19 44 42i'i 44i; 841-9 33 34 i? 22 22Vi 22 StUa S6ia 31U 31 31V4 185 182 185 117 115 117 36 36 30 37 3 37 79 7 9 79 75I3 74 75 34 14 33 V 34 V, PSV- 5S 582 33V3 32 33V2 271 27 27 5 0SI3 &8V2 129Va 127 129V2 23 23 23 s 102 i4 159 V 161 V2 71 Va 69 71i2 148 146 I47V4 42 V. 40 42 Va 70 & 69 V3 70 V2 81 73 79 6S 67 OS 125 124 12512 63 83 83 Va 43 ii 43 43 13 33 31 H 33 Va 93 92 93 129 127 129 49 4S 49 117 115 11' 33 32 33 97 97 97 24 23 24 55i 54 54 51 50 50 91 !9 91V, 25 25 25 145 143 145 55 55 55 41 40 41 33 32 Va 33 170 16S 170 44 431.1 44 103 103 103 3i 32 31 V2 32 16 16 16V, 30 30 30 91 ' 20 20 44 43 44 82 82 82
PRODUCE MARKETS. Chicago, Feb. 26. Supplies of eggs were fairly liberal. There were large arrivals by express, while receipts by freight were also of good volume. Tho demand continued good. Butter prices were firmly held. There was a larger supply of southern vegetables on r.ho market, but the demand was good and previous prices were maintained. Strawberries were easier. Butter Receipts, 3, 542 tubs. Extra crearey, jobbing, 32Me; price to retailors, 34c; prints, 35c" firsts, 2ii30e; seconds, 22? 25c; June extras, 29c; dairies, Cooleys, 30c; firsts, 35 'a 26c; renovated, 24 'n 25c; packing stock, 19 U 1 9 c. Eggs Receipts, 4,421 cases. Fresh stock at mark, new cases included or cases returned, 22fr24c; firsts, 25c; prime firsts, packed in white wood cases, grading 60 per cent fresli stock.
2ic; extra high grade stocK, grading SO per cent fresh, especially packed for city trade, 2 sc. Potatoes Receipts. 95 cars. Wisconsin, Mlnesota, white stock, 44(ji47c; choice to fancv, Michigan, 45fij:47c; red fair to good, 39f40c; mixed, red and white, 39fi41c; common, small, red and
white, 37i3sc.
Liverpool, Feb Wheat opened one-e!Shth higher; oorn. uiu hanged. frE'o1- F,-"t- 2'.:. Wheat closed one-eighth to three-, Ukths lower; corn t.11 ee-vlghths to one-half lower. WEATHER FORECAST.
zint
icago and Vicinitv Threatening .-11. 1 w hurries and colder Wednes-
iHiiumum temiit-r:itiir.. t.niht
point; brisk riorth-
armer torn id colder
. to , """"" Thl,
At will
there is unv mir...i,, , m-roro
"UTovement.
any material
Stocks different
continue sources.
to
come out
London 1 -1
"ros. and sold Union Pacific. Boston sold Steel.
from mod-
Lipper houses
Illinois. $2.2592.50
Sweet potatoes, Illin
r bri: No. 2. SI. 25(1.7
New noatoes. $3. 00 f 7.50 per brl.
Veal Quotations for calves in good order were as follows: 50 to S5 lbs, 5V2ra6c; SO to 85 lbs, 7jt8c; 95 to 100 lbs, fancy, 910e; 150 to 175 lbs, good meaty. 5 T 5 c. Dressed Beef No. 1 ribs, 15c; No. 1 loins, 17 c; No. 1 round. 7c; No. 1 plate, 5c; No. 1 chuck, 6c Live Poultrv Turkeys, per lb, 11c; chickens, fowls, lie:; springs, 10c; roosters. 6c; geese, $5. 00 li 7.00; ducks, 10S12o. Fruits Apples, $1.00g-3.50 per brl; bananas, jumbo, per bunch, $1,405? 1.50; straight, $1.10 (ii 1.25; lemons, Calfornia, $3.003.50; oranges, California, $1.75 dz 3.25. Green Vegetables Beets, 40 9 50c per sack; cabbage, $1. 50'?! 1.60 per brl; carrots, 509 700 per bu: parsnips, S5990c per tubf spinach, 35!? 40c per hamper; turnips, 40,75c per sack.
Ci: wit h day;
near the tre erly winds.
Illinois Showers tonight propablv turning to .-now Hurries T T1 .1 i ,1 V, .....
...... .," .'"""its ana v probably turning to snow ednesdav.
Missouri showers tonight, probablv turnir.g t.) snow Wednesday; eold-V Wednesday and in northwest tonight. Lower Michigan partly elou.lv and warmer tonight; Wednesday probablv snow and colder.
Upper Mie
nesday; cold wave
Wisconsin -Partly el
amy mk ku.t tonignt or day; colder, cold wav. north
Minnesota Generally fair tor.lirht and Wednesday except snow south "tonight; colder tonight, cold wave north
east. Iowa, South Dakota. Nebraska Snow and colder tonight and Wednesday. Kansas Rain tonight, probably turning to snow and colder Wedm-.iav. Montana Snow and colder tonight; Wednesday fair except possibly snow south.
Tho iloor traders also In the majority 1 the soiling side while the crm.u
on
tions seem to favor
higan Snow, colder Wed-
prob-i-d.nes-
tno condl-
a decllninar ni!rtr
. . ... . . .
-not 1 -einng is getting to bo fashionable.
quite
iow, ry '
Co., buying 1,000 Copper at decline.
Washington: ing validity Saw have bee
Several cases Jnvolvof interstate commerce n handed down bv the
supreme court today in which law has been upheld in every instance.
HEARD ON THE BOURSE New Lork, Feb. 26. There is a complete absence of support from the
lurge Interests and commission house trading has been reduced to a minimum. Many commission houses have received word from their traders that they will not enter the market until Harrlman investigation is out of the way.
Sentiment bearish on Union Pacific investigation. Shorts covered this
torning. It looks to me as if thev
have trot lontr stoek
Wire houses are largo sellers of
stocks. 1 think they are all going very much lower, esneelailv .-Jm.dtln.r
Goid selling in cept large rerelpr for movement.
Corn and , w eat iter
Oats, ex-favorable
It is again reported that a note issue by Reading will soon be announced.
Decline Nashville
nent western
of 3 points In Louisville & was due to selling by promi-
operators led by Gates.
C. H. WANZER
STOCK ASD BONO BROKER.
Stocks Carried on 3 to 5 Point Margin. Nominal Rates of Interest
333 Rookery BIdg., Chicago. TELEPHONE HARRISON, 3435.
JOHN DICKINSON & GO.
NEW YORK
Open
Month Feb. Men. Mav July Aug. Oct.
COTTON MARKET.
High Low
930 .951 .904 . 9 6 9 .907
P33 954 967 970 1000
930 946 959 960 9S7
Close 930-34 934-35 950-51 962-63 962-64 990-92
GRMH im PROVISION blMET
High 7S
Month heat, May . July . Sept . Corn. May . July . Sept . out. May . July . Sept .
luru. May ..1660 July . .1670
V'ork.
May
I S "3 7 5 47 46 47
42 ; 37 ; 32
July .
Sept. til DeMay . July Sept .
.97 0 .9709S2 .915 .925 .925
Low Ooen Close 7S 77 77?Si, 79 78 78 7S 78 7S 47 47 47 47 46 46 47 46 -47 46 -4"i 42 42 42 3 87 37-3S 23 32 32-33 1665 1635 1640 1675 1647 1650 975 6D5 970 975 965 970 985 975 980 915-17 900 905a y 25 910 910-12 930 917 917a
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 5531 Wires East. Automatic 4058. Central 5551
GRAIN MARKET.
The market is
get a dip today, turn on that dip.
acting as I WOUld
if it buy
would for a
A. A.
con da.
Ilousman, largest seller of AanReading scattering.
The Pressed last years net
Car statement shows earnings on the com
mon to have been 17 per cent. This stock would surely appear to be selling a great deal too low, Central Leather is another industrial with great possibilities, when its legal complications are cleared up.
We believe that stocks in general
are a purchase on weak spots, but we
do not advise heavy committments.
Tho Sun head-lines on the Harrlman inquiry states "liarriman ready to testify; loaded with explanation for commerce commission. Intimation that neither he nor his attorney will object to any question about his personal linancial dealings in relation to railroads which he controls."
Rome selling of wheat by local scalpers, absence of sustaining orders noted. Northwest markets not oft asmuch as we are, foreign situation remains bullish.
Joe Manning sold 9.000 Steel.
scattered.
Hu ing
Dacteria in Gums. Various bacteria ara found by Grois Smith, a New South Wales investigator, to take part in the formation of vegetable gums. Oue kind produces soluble gum arable, another an Insolublo variety. Cultivation of suitable bacteria may greatly increase gum production, and the yield of unproductive species may be augmented by furnishing a little tannin.
It is possible this morning's market rellect the coming settlement but there is also reason to believe that the enormous demand for gold from South America has aided in sustaining money rates in Lurope and that American shares are under the same influence as prevail here.
Chicago, Feb. 26. Car Wheat. 16 cars; corn, 409 115 cars; hogs, 20,000 head.
lots cars;
today, oats,
Iustlmates for Tomorrow. Wheat, 35 cars- corn, 271 cars; 92 cars; hogs, 34,000 head.
Total Clearances. Wheat and Hour equal 205,000 els; corn, 532,000 bushels: oats, bushels.
oats,
bush-25,000
Cnrs.
Last Last Today Week Year .169 172 112 .441 403 409 . 16 2 6 15 .620 601 536
Southwestern
Receipts Wheat.
and Shipments
The feeling is somewhat more intense
and perhaps apprehensive regarding tho outlook and this sentiment lias been added to considerably by the public statements of men prominent in finan
cial and other activities in the way of
warnings against the effect of federal
and state legislation in restricting th
work of progress and planting the
seeds of distrust against the Invest merits.
Mr. Kellogg, interstate commerce at
torney said during investigation that interstate commission may limit rate
a railroad may earn ana may say what stock railway may buy. Union Pacific has been doing the moat gigantic stock purchasing ever known to railway men In America. Mr. Millburn, Union Pacific attorney, said if chartering Union Pacific thought lit to authorize road to buy stock, such purchases and results thereof could not affect rates on Union Pacific, Chairman Knapp said importance of question at issue was appreciated and commission decided to confer about it.
Do You Ever find yourself in need of a little ready cash ? BORROW MONEY from us in a bus;ness-like manner, and you will be under no obligations to your friends. If you have Furniture, a piano or any other personal property WE WILL LOAN YOU from 510 to 11000 and you can pay it back in small weekly or monthly payments to suit convenience. OUR MONEY is loaned to honest people CONFIDENTIAL without moving goods from the premises. We will send representative to explain our easy payment plan. CalL w rite or phone The Chicago Discount Co. 9138-40 Commercial Ave. SOUTH CHICAGO Room 200 Tel. So. Chicago Open Monday, Thursday and Saturday Eveninfrs until v o'clock We close other Eveninps at 6 o'clock or address L. Bo 233, Hammond, Ind.
H
Surf
eaciacne
erers
Do you want relief in just a few moments and no bad after-effects. If so, you have only to take, Dr. Miles' Anti-Pain Pills. If subject to headache, have them with you always. No harm can come from their use, if taken as directed, as they contain no opium, chloral, morphine, cocaine, chloroform, heroin, alpha and beta eucaine, cannabis indica or chloral hydrate, or their derivatives. Ask your druggist about them. "It giv-s mo grat r-!e?!ure to be rLIe to refer to the Lr. Milt-s AntiFain Pills as the bet remedy we have ever had in our Lousf for the prevention and cure of headache. My wife who has been a constant sufferer for years with the above complaint. Joins me In recommending Ir. Miles' AntiPain Pi'ls, hoping they may fall Into the hands of !! who FTifff-r." J. I. BUSH, Watervleit, N. T. Dr. Miles' Antl-Paln PIUs are sold by your druggist, who will ouarantee that the first package will benefit. If It fails, he will return your money. 25 doses, 25 cents. Never sold in bulk. Miles Medical Co., Elkhart, Ind
Receipts
Minneapolis, today ....4-2,(100 Last year 42H'?,J Kansas City, today ... o2. ))) Last year 26,o00 t. Louis, today 26,000 Last year Jt.OOO
Trimary
CHICAGO LETTETt.
improved Gutta-Perchi. Green gutta-percha 13 now obtained frosa the leaves of tho caoutchouc tree, and is said to bo more durable than that procured by cutting into the stem of the tree. Unlike the ordinary product, it does cot require aa expensive process of purification, so that it3 cost i3 cheapened. In France gTeen gutta-percha is now being employed in the construction of submarine cables.
Pence and Pounds. Take care of the essentials and th9 lnconsequentisls will take care of themselves.
Chicago, Feb. 26. WHEAT Rather a tame affair after the activity of yesterday. Prices ruled lower with the exception of a small rally now and then during the day. Reports of the reselling of a large portion of the wheat sold to exporters yesterday was the bear card; in addition to this, the foreign markets did not sympathize with our advance cf yesterday. Foreign news as a whole was of a more encouraging tone than that of yesterday, althought It is still maintained that the Russian situation is as bad as reported. The speculative market ranged within a half a cent, the final close showing a decline of about threeeights of a cent compared with yesterday's prices. CORN Weak early based cn more
favorable reports from Argentine, It ' was reported. tlmt country had r?
Wheat, today
Last week ..
year ...
today week . . year . . .
Last Corn, Last Last
. . .
Movement. Receipts 754,000 644,000 556,000 1,124.000 1,29,000 671,000
Hradmtreets. increase this week
Whent
Corn, increase this weeK Oats, increase this week Wheat, last year increase Corn, last year increase Oats, last year decrease
Shin. S3, 000 83,000 CfV'OO 32,000 63.000 50,000
Shpmnt3 244,000 264,000 156,000 432,000 412,000 471,000
, 235,000 . 447,000 . 293.00 , 409,000 , 196,000 .1.040,000
This is K. II. Harriman's lie is 59 years old today.
birthday
Mr. liarriman resumed his testimony today at 2 o'clock. Attorney Kellogg asked if the directors had concluded to show S 1,444,000 as money expended on the Alton for improvement and to capitalize it, Mr. liarriman said he was not present when the directors took this action.
LIVE STOCK MARKET.
L'nion Stock Yards, Feb. 2 5. Hog receipts, 20,000: market 5 cents higher; left over, 5,2 00. . . Light. $6.&0 to 7.0"; mixed. fo.Sn to 7.12; heavy, JG.S3 to 7.12; rough, ?t.ito 6.93. Cattle receipts, 3.000; market strong. Sheep receipts, 13,000; market luc higher. Union Stock Yards, Feb. 26. Hogs closed slow at earlv advance. Light, I6.S0 to 7.02; mixed, $o.S3 to 7.07; heavy, $5.f,3 to 7.10; rough, $6.55 to 6.95. Cattle closed stead. Sheep closed steady.
Lengthy reviews of the financial situation reveal no specific cause for distrust, though there is abundant reason urged for caution pending new crop developments and the effect of controlled currency Jan. 26, shows Increase in bank loans compared with last year
5392.uo0.000 with an increase m easn held by banks of only $27,200,000.
Wolffe says personally he is not bullish and that everybody is afraid
to buy stocks until the result of the Harriman investigation is known. He thinks when the result is favorable that the market will rally perhaps five points.
Hogs Cattle Omaha 10,600 5.000 Kansas City ..15,00V 8,000 St. Louis 5,500 5,50
Sheep 12,5o0 10,000 1.500
Mr. Harriman said the stock-holders have a right to take up a new issue of 3 per cent bonds to take the place of the old 7 per cent bands and to provide funds for legitimate purposes.
Mr. Kellogg submitted a statement showing 54,534 shares of Alton stock held each by Monomer, II. Schlff, Geo.
J. Gould, and Jamc3 Stillman and that
Pay County Taxe to Lake County Savings & Tmt Con 92 State St. Open evening exeept Thursday.
If you want to reaeh the Intelligent readers of Lake county the en lest way I through the columns of TUE LAKil COUNTY TIMES,
