Hammond Times, Volume 1, Number 214, Hammond, Lake County, 27 February 1907 — Page 4

PAGE FOUR

THE LAKE COUNTY TIMES AN EVENING NEWSPAPER PUBLISHED BT THE LAKE COUNTY PRINTING AND PUBLISHING COMPANY... "Entered as second-class matter June, iS, 1908, at the postofflce at Hammond, Indiana, under the Act of Congress, March 3, 1879." Otficea In Hamr.ond building, HamCnond. Ind. Telephone, 111. Calcngo Office. Hoom 1502 Tribune Building, Hugh W. Montgomery, representative. Tern of Subscription. Yearly $3.00 Half Yearly $1.50 Single Copies 1 cent LARGER PAID UP Circulation than any other Newspaper in Northern Ind. Circulation Yesterday CIRCULATION' BOOKS OrEX TO THE PUBLIC FOR INSPECTION AT ALL TIMES. To subscribers. Headers of the Times are requested to favor the management by reporting any irreguiarties in delivering. Communicate with the circulation department, cr Telephone 111. DISPATCHES from Indianapolis ptate that the house has passed the Weather bill. We wonder why It didn't think of that a few weeks ago and if It had done so whether it would have helped the climate any? The Joko Is not hero. tTENSE SITUATION AT CAPITOL. From the personal observations of Hammond men who have been spending some time among the legislators at Indianapolis, it is learned that condition there are evidently in an acute stage. Governor Hanly is unconsciously drawing farther away from the eplrlt of the legislature until now he can hardly make a move without further antagonizing friends. His veto of the Falkner riparian rights bill which was intended to benefit the north end of the state and especially Lake county, has thrown a wrench into tho machinery that cannot be easily extricated. The legislature may remodel the bill at his suggestion or passed over his veto. In the meantime tho question is being asked all around, "Where is A. F. Knotts, Governor Hanly's right bower, and how does he feel, and what Is he doing about the riparian rights bill?" Mr. Knotts is in Indianapolis at the present time while in Hammond he is pictured as sitting In his tont there and sulking. That, however, may bo taking the wrong view of the ex-mayor as he Is considered a fighter. There will bo many disappointments all around if tho governor's veto of tho Falkner will not bring about an open break between him and Mr. Knotts. The latter, however, is too much of a politician to show his feeling at the present time, if he will show any at all. Said one Hammond politician this morning who Is in close touch with the affairs In the capitol: "This is the high time of whipsawing and trading. I believe that the workers from this end are playing tho Faulkner and the McCullough bill upon each other. This section is interested in both bills. Tho governor will of courso veto the McCullough bill if it passes both houses and there you ore, the thing resolves itself into this proposition for tho legislators. 'Help nie unload my wagon and I'll help you.' In the meantime don't fear for A. F. Knotts. He is well ablo to take care of himself." WITH THE EDITORS. Extravagance. Massachusetts allowed the gypsy moth to get such headway in that state that it cost nearly $1,000,000 to ap proach toward extermination of tho pest. Then taxpayers outside of the infested district made such an ado over the cost that what experts said wculd probably be the last appropriation needed was refused by the legislature This was In 1900. Last year nearly $750,000 was expended by state, town ships and cities, and it is thought that as much more will be needed. And tho Indiana legislature is considering whether or not it is extravagant to ap propriate $5,000 for the destruction of the San Jose scale! Valpo Vidette. Vaccinate the Politicians. Last week in the Misscuri house of representatives Judge Salt suddenly broke out with smallpox while sitting in his seat, says a news despatch. From other sources we learn that the erup tion began at exactly 4:12 p. m. The phenomenon, whllo of moderate political Importance, is of really great medical Interest, because of the abruptness of onset and the accuracy of the snap diagnosis by the lay representatives surrounding him. As soon as the pocks bur6t into view a stampede for the doora occurred, and in les3 time than it takes to tell it the judge was left alone, wendering If his brethren had all suddenly g-one mad. The spread of medical knowledge among the laity is very remarkable. Another aspect of the untoward occurrence has to do with vaccination. If it ia justifiable to re

Quire that all school children be vaccinated, it Is surely not unreasonable tc insist on the same rule in the case of politicians. It i.s to be hoped that Judge Salt's dramatic eruption will lead to an agitation for such legislation. New York Globe.

The Needs of Purdue. Hera in Purdue University we have an institution of world-wide reputation, which is ading to the fame of Indiana, that is in absolute distress. The grand results have been accomplished despite great hardships, and are chiefly due to the self-sacrifice and loyalty of an eminent faculty. It is not Just that these men should be expected to continue their work in the face of such obstacles as they have had to meet. The university has reached a critical time in its existence. Right now it is a question whether the institution shall go backword cr forward. She can not hold her own and retain her great reputation under existing conditions. .Surely it is not the wish of the people cf the state as expressed by their representatives that one of Indiana's greatest institutions shall bo forced into a policy of retrogression. The friends cf Purdue thould be active in presenting her case to the legislature. Never in all the history of the university has a progressive policy been more necessary, unless it is Indian's wish to undo what has been done and put the state back in the second rate column. Lafayette Morning Journal. Between Trains What it Amounts to. "Now, Mr. Jinks, would you recognize tho existence of a higher or unwritten law?" "No sir. I'd try a millionaire just the same as I would a common laborer." "Talesman excused!" Washington Herald. Nurse Brought Her Whole Family. Lewi3 Skinner is suffering from a severe attack of pneumonia. A trained nurse is constantly at his bedside, with a wife and parents ready to assist. Middlevillo (Mich.) Sun. A Clinton street man is taking home six copies of the daily papers every evening now. Ho says he wants a chance to read tho account of the Thaw trial himself. ROBERTS DALE NEWS Mr. Rhyan of Reese avenue has again resumed his duties nt the Standard Oil works after being confined to his homo for two weeks with a severe attack of grip. Mrs. L. Walters and daughter, Ina, of Roseland. 111., were the guests of the former's cousin, Mrs. Edward Mathias, of Harrison avenue Tuesday. James Hays of Reese avenue has purchased a new team of horses and is now able to resume his business. John Eaton of Indiana boulevard transacted business in Chicago Tues day. The youngest son of Mrs. P. Martenson is quite sick at his homo with malaria fever. Fred Flschrupp of Bass Lake, Ind., was the guest of Henry Hatt Tuesday. August Welstenfelt is recovering from a severe attack of grip. Tho choir of the Christian church will give a pie social at the home of Mrs. Hopkins in 120th and Indiana boulevard Wednesday evening, March 6 A good time is assured and all are cordially invited. The admission is onlv ten cents. The Ladies Aid society of tho Evan gelical church met at tho home of Mrs. Fred Leverenee yesterday and ar rangements were made for a roast beef supper, to be given at the church March 21. The suppers given in the past by tho Ladles Aid society have always been very satisfactory, but we have their word that this one will surpass them all. Miss Selma Vogel spont yesterday visiting flrcnds at the East Side. Miss Annie Exton and Harry Dun ning of Whiting were tho guests of Mr. and Mrs. Benjamin Oakley in In diana boulevard last evening. Mrs. William F.ahn and daughter, Mrs. Herman Theisen, and Miss Annie Gross were Chicago business visitors Tuesday. BLACK OAK NEWS Mrs. J. C. Seaberger is quite ill with lag-rip. Mrs. J. P. Wlenand spent yesterday at Hammond. Lyda Ruse was an East Chicago vis itor yesterday. J. A. Nickels transacted business at nammonu touay. Fred Keck transacted business at Indiana Harbor today. F. B. Scheldt transacted business at South Chicago yesterday. Henry Nimitz and Henry Filhrira spent today in East Chicago. Frank Dorraan of Toleston was the guest of Frank Buse yesterday. James Krost of Hammond transacted business in this vicinity today. William Kunert and Fred Harmes of Toleston transacted business hare yesterday. NeTrs la ncTT In TIIll LAKE COUNTY TIMES.

THE

-omen Who Mrs. Alexander, the Newly Elected Tructee cf the State University of Illinois, Is a Highly Successful Business Woman :: :: :: :: The state political tickets of each party la Illinois bore the name of a woman candidate. Mrs. Carrie T. Alexander, nominated for trustee of the State university on the Republican ticket, won. Mrs. Alexander Is a prominent and public spirited citizen of Belleville. She la a widow. Her husband, Henry A. Alexander, was manager of several street car lines and had other commercial Interests. All these, including the operation of the street car lines, Mrs. Alexander took JITtS. C. T. ALEXANDER. on herself at his death and conducted them with signal ability. A woman successful In private business enter prises can be tr,u3ted with large public ones. Tsl Hinomiya. Among free scholarships at Smith college Is one allotted to girls from foreign lands. This scholarship is now held by a charming maiden from Japan, Miss Tel Hinomiya. She is in the freshman year. The patience, Industry and earnestness manifested at school by the little brown girl from the orient put to shame many an American feminine college student. Tel Hinomiya works in the college dining room three hours daily to earn her board. Her father Is one of Japan's new men, and he encourages his daughter in her aspiration to be a new woman. He conducts a school at Matsuyama, and his daughter noticed how difficult It was for him to get instructors who could teach English. It was then' that she resolved to come to America, take a college course and go back to Japan as a teacher. She Is a graduate of the Concord (Mass.) High school and delights in mathematics. A Woman Olive Grower. The ripe olive trade of California if not actually founded was pioneered and owes much of lt3 present flourish ing condition to a woman, Mrs. F. Eh mann. Always interested In olive culture and preserving, Mrs. Ehmann be gan to deal with tho fruit commercially eight years ago. Her specialty was ripe olives, both producing oil and pickling and shipping the ripe olives themselves. She had experimented enough to discover superior processes of extracting the oil; also of pickling ripe olives. These she considers far better for the digestion than the crude, hard. green olives bottled and sold by gro cers. Mrs. Ehmann began her ripe olive en terprise in a small way financially, but she knew her business and had undying determination to succeed in it. The first year she sold only 200 gallons of pickled ripe olives and oil. Now her trade amounts annually to 100,000 gal lons. She is at the head of a large company composed of members of her own family. They operate a factory 300 feet long, which contains all the machinery most approved for pickling olives and extracting oil. Even with all these facilities the demand for Mrs Ehmann's products is greater than she can supply. She is an enthusiast In her chosen line of work. She tells visitors how the dried ripe olive may be eaten like figs or dates and that It wil to a considerable extent take the place of meat. The woman pioneer In the ripe olive trade Is now well to do Grit and perseverance always win out. Woman Pleads For Cattle In Transit At the annual meeting of the New York Federation of Women's Clubs was read a paper written by Mrs. Minnie Maddern Flske. the distinguished actress. Its aim was to induce worn en's clubs all over the country to unite in an effort to stop the cruel treatment of food animals in long railroad trips from west to east. Mrs. Fiske's practical suggestion in the case was that those animals be slaughtered on the ranges where they have been fattened and their meat then shipped In refrigerator cars to eastern cities. In her theatrical tours through the country Mrs. Fiske declares she has been many a time sickened by the sufferings of the dumb brutes In cattle cars. One winter in Michigan a car that had been filled with live beeves at the starting point was unloaded before her eyes with every animal frozen stiff. MARCIA WTJXIS CAMPBELL, A Girl's Heroic Deed. Miss Lucv Walters, hospital nurse, of Kansas City, has received a medal I for savins two .women from drown- i lS.

LAKE COUNTY TIMES

0o tjtcocks Gram and rrovistons. i

Latest Movements in Indurrial Centers, by Esctaivo

NEW YORK LETTER. New York, Feb. 27. Notwithstand ing the rally which was in evidence at tho close of tho st.vk market last evening, bears did not show any anxiety over their position. On tho contrary the bear pool appeared this morning more aggressive than evetf. The selling pressure upon the market was on a still larger scale than ever. Liquidation throughout the list by tho be lated longs was tho order of the day. The Harriman shares were attacked vigorously. Union Pacific suffered a decline of three points from its opening price; Southern Pacific one. All of the other active railway shares were constantly offered for sale and tho entiro roster shows declines averaging about two points for the day. In a great many instances new low records were established on the present bear movement. Probably the weakest stock on the list and one whioh seemed to lack friends entirely was Reading. It pened at 117 Vj and from the opening price It was hammered steadily; until at the close tonight this issue shows a decline of five points for tho day. There is no question of doubt but some heavy Eastern operators have been caught long of this security and the rick following have again pursued their usual tactics of "milking" the market. Although there Is a reason offered for the weakness in Reading, that is, the requirements of additional funds to better the equipment, it is not such a bear card on tho stocK that it should have such a sensational de cline as that of today. The Rock Island shares, both com mon and preferred were again aeait in heavily and at concessions in values. The preferred shares scored a new low record, selling at 51 A. It looks very much as if the insido interests were squeezing a portion of tho of these shares which are water out so largely overcapitalized. Developments in the Harriman in vestigation was assigned as tho weakness throughout the market, tho disclosures thus far, however, have not boon as bad as the bears expected. The market closed weak and fever ish with the opinion prevailing that tho liquidation is not yet over and fur ther declines more than probable. HEW YORK STOCK flHKET

Descpt. Open High Low Close Atchison ...1023 102 100 i 101 V Do pfd ... 938.t 98 9S 9S Am. Sugar 133 133 131V, 131 Vi Am. Car. ... 44 444 43 14 43 Araal. Con. lllVi 111V4 lOSMs 109ls Am. Smelt 142 12 143 140 ij 140 7b Am. Locom 73 73 7H 71 Am. Tob pfd 95 93 94Vi 94 "&i B. & O. ...1091-4 109T4 103V4 109, Biscuit 82 h23 82 82 Brook. R, T. 71?i 71 60 69 C. & O. W. 15 15 15 15 Ches. & O... 50 50 49 49 C. & A. com 20 20 20 20 C. F. & I... 44 44 42 43 Col. South .. 34 35 33 33 Corn Pdts .. 22 22 21 21 Cotton Oil .. 31 31 31 31 Canad Pac 185 185 183 184 Coast Line 117 117 115 115 Cent. Leath 36 38 36 36 Denver com 36 36 36 36 Do pfd ... 79 79 79 79 Distillers ... 75 76 74 75 Erie com ... 34 34 33 33 111. Cent ...156 136 155 155 Interboro .. 33 83 32 33 K. C. S. com 27 27 27 27 Do pfd ... 58 58 58 58 L & Nash .130 ISO 126 127 Mex. Cent 23 23 23 23 North Pac 147 147 144 145 Gt. Nor Ore 71 71 69 70 Great Nor. 162 162 159 160 M K & T cm 42 43 41 42 Do pfd ... 70 70 69 69 Mis. Pac ... 80 80 78 79 Nat. Lead . . 69 69 67 6S N. Y. Cent 126 126 124 124 Nor. & W... 83 83 63 83 Ont. & W. . . 43 13 43 43 43 Pacific Mail 33 33 32 32 Peoples Gas 92 93 92 92 Penneyl. ...129 130 127 127 Press Steel 49 49 47 47 Reading 117 117 112 113 R. I. & S. .. 33 33 32 32 Do pfd ... 55 55 51 51 R. Isl. com 24 24 23 23 Do pfd ... 55 55 45 51 South Pae 91 91 90 90 So. Ry. com 25 25 24 25 St. Paul 145 145 143 143 St L&SF2dpf 40 40 39 39 Texas Pac .. 33 33 32 32 Union Pac 171 171 16S 169 U. S. Steel . 44 44 43 43 Do pfd ...103 103 103 103 Va. Chemlc 33 33 31 31 Wabash ... 16 16 15 15 Do pfd ... 30 30 30 30 West Union 82 82 81 81

NEW YORK COTTON MARKET. Month Men. . May . July . Aug. . Oct. . Open . .945 . .95'J . .972 . .971 .999

High Low Close 947 940 946-47 963, 950 962-63 974 66S 972-73 974 969 972-74 999 994 997-9S

GRMii iO PROVISION MARKET

Month High Low Ouea Closs VVbeat. Mav ..77 77-7S 77 77ax July ..78 78 78 78ax Sept ..78 7S 77 7i 7778ax turn. May ..47 47 47 47b July ..46 46 46 46 ax Sept ..47 47 46 46 b Mav ..42. 42 42 42b July ..3S ?,S 37 37b Sept ..33 ZZ 32 2b Lard. May ..1640 1633 1640 1030 July ..1650-32 1665 1650 1600 Cork. May ..970 972-73 967 972 July ..972 ;75 970 972 Sept ..DS2 983 9s2 SS2 Ulos. Mav ..903 012 903 910-12 July ..915 922 915 917-20b Sept ..920 927 920 922

CHICAGO LETTEa. Chicago, Feb. 27. WHEAT Disappointing cables; larger receipts both in the north and southwest and a disposition on the part of shorts to sell a Uttle wheat caused a lower range of values. The two speculative options, May and July, lost about five-eighths of a cent each on the day's trading. Cash demand in the southwest is excellent, it was reported that millers were paying within three cents of the Chicago May price for the better grades of wheat. Export demand rather slack: clearances moderate. The market closed weak a fraction from the lowest prices of the day. CORN Ruled weaker in sympathy 5 with wheat and lower cables. Receipt

larger than psti m:t-msh demand

both for domestic and export consumption not as brisk as yesterday. Corn in the sample market quoted ono-Quar-tor of a cent lower. The speculative market had a very narrow range and at no time did it display any activity. The market closed steady. OATS Reactionary in tone. The May option lost live-eighths of a cent on the day. Quite a little selling emanated from houses with northwestern connections, presumably against cash purchases in the country. Consider tooted V b. Sieve d lo profit Hiking was also Uethe recent bull party. It is n tho best posted circles, hat the reaction is only teiaish houses make the statohowever, t! porary. Ca merit if t! could st.ll foreigners. y could obtain cars they ho entire crop of oats to Thu cash situation is oortainly a strong one any revere decline tures. this will prevent in speculative furnonrcE m.viskets. Chicago, Feb. 27. The egg market again came in for the bulk of attention. The recent advances followed by the second break vesu-rday. caused considerable comment. Prices today are about 10c higher than a year ago, but last vear there was a large stock of storage eggs on hand, while this season there are none. But buarishly inclined dealers are disposed to believe tnat the runs of fresh eggs will be so large from now on that they will make up for this dehVioncv. The weather over the south Is favorable ior production. Trading In buetter and poul try was firm at recent prices. 1 otatoes were in moderate supply and good demand and the recent advance was hrmly held. Quotations on round lnts ranged: Butter Receipts, 4.561 tubs. Extra creamery, jobbing, 32c; price to retail dealers, 34c; prints, 35c; firsts, 2S f30Hc; seconds, 22 25c; June extras, 30?i30c; dairies, Cooleys, 80c; firsts, 25f(26c; renovated, 24 25c; packingstock, 20C'i 20ic. Eggs Receipts, 9,551 cases. Fresh stock at mark, nw cases included or cases returned, 2H(21e; firsts, 23c; prime firsts, packed in white wood cases, grading 85 per cent fresh stock, 24c: extra high grade stock, grading 90 per cent fresh stock, especially packed for city trade, 27c. Potatoes Receipts thirty cars. Wisconsin Minnesota whlto stock, 44 Q 47c; choice to fancy, Michigan, 45(fj47c; red, fair to good, 89 ft 40c; mixed, red and white, 39 f? 41c; common, small unripe, red and white, 37 (a 3 8c. Sweet potatoes. Illinois, $2.252.75 per brl; No. 2, ?1.25-j1.75 per brl: New potatoes, $3. 00 ft 8.00 per brl. Veal Quotations for calves in good order were as follows: 50 to 5 lbs. 5U-?6c; 80 to 85 lbs, 758c; So to lOiTlbs, fancy, 9 If 10c; 150 to 175 lbs, good meaty, 51i5c. Dressed Beef No. 1 ribs, 15c; No. loins, 17 c: No. 1 round, 7c; No. chuck, 6o; No. 1 plate, 5c. Live Poultrv Turkeys, per lb, 10c; chickens, fowls, 11c; springs, 10c; roosters, 6c; gese, $3.00 7.00; ducks, 12c. Fruite Apples, $1.504.00 per brl: bananas, jumbo, per bunch, ? 1.4 1.50; straight, 1.10 Tf 1.25: lemons, California, $2.754.1 4.50; oranges, California, $1.7 5 y) 3.15. Green Vegetables Beets, 50c per sack; cabbage, $1.50(?T1.60 per brl; carrots, 50 70c per sack; onions, 60S 75c per bu; parsnips, So'jtOOc per tub; spinach, 75c per hamper; turnips, 4075c per sack. C. H. WANZER STOCK AND BOND BROKER. Stocks Carried on 3 to 5 Point Margin. Nominal Rates of Interest. 333 Rookery BIdg., Chicago. TELEPHONE HARRISON. 3435. JOHN DICKINSON & GO. STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Sa!!s St, Cliicago, New York Office, 42 Baoadway. Members Chicago Board of Trade. New York Consolidated Stock Exchanae. Direct Private Telephone, Centre! E3S1 Wires East. Automatic 4053. Central 5531 GRAIN MARKET. Chicago, Feb, Wheat, 22 cars 271 cars; hogs, 27. Car lots today, oats, corn, 350 30,000 head cars Estiiuates for Tomorrow. Wheat, 21 cars; corn, 301 cars; oats, S3 cars; hogs, 29,000 head. Total Clearances. Wheat and flour equal 163,000 els; corn, 576,000 bushels; oats, bushels. bush5,000 Northwest Receipt Car.

Last Last Week Year 83 30 2S4 368 S 5 375 40

Today ,. 70 .331 O ! 453 Duluth Minneapolis Chicago ... Total ... Southwestern Receipts and Shipment Wheat. Receipts Ship. Minneapolis, today ..354,000 60,000 Last year 361,000 64,0'0 St. Louis, today 47,000 31,000 i.t vP; 23.000 3d, 000 Kansas City, today Last year i t, v v j. j j v vy 22,000 69,000 Primary Wheat, today ... Last week Last year ....... Movement. Receipts 640,000 , 593,000 490,000 Shpmnts 209, (".00 216.000 182,000 671,000 423,O0'1 444,000 corn, waay . ... Last week Last year ...... . 936,000 .1,022,000 . 430,000 LIVE STOCK MARKET. Union Stock Yard3, Feb. 27. Hog re ceipts, 30.000; market slow; left over, o.OOO. Light, $5. SO to 7.02; mixed, S6.S5 to 7.07: heavy. ?5.S5 to 7.07; rough, $S.S5 to 6.95. Cattle receipts, IS, 000; market shade weak. Sheep 4,000 8,000 1,000 higher. Sheep receipts, 20,000; market Hogs Cattle Omaha 10,000 5.000 Kansas City ...15,000 9,000 St. Louis 9,000 2,500

Wire to Lake County Times.

Union Stock Yards. Feb. 27. Hogs closed weak. 3 to li cents lower. Light. $6.75 to 7.07: mixed. $6.80 to 7.05; heavy, $6.:0 to 7.03; rough, ?6.8i to G.90. Cattle closed steady. Sheep closed weak. LIVERPOOL MARKETS. Liverpool, Feb. 27. Wheat opened ono-eigthth lower; corn, unchanged. Liverpool, Feb. 27. Wheat closed one-ticr.th to one-quarter lower; corn, one-eigthth higher. WEATHER FORECAST. Illinois In Partly cloudy liana and Wisconsintonight and Thursday not much change Missouri Prob in lbly mperature. uiiiff tonigl t or Thursday, colder; not much change In temperature. Lower Michigan Partly cloudy tonight and Thursday: colder tonight. Minnesota -probably snow tonight or Thursday; not much change in temperature. Iowa, South Dakota. Nebraska and Kansas Probably snow tonight and Thursday; not much change in teinperutu re. North Dakota Probably snow tonight or Thursday; rising temperature northwest. Montana Probably snow tonight or Thursday; rising temperature. HEARD ON THE BOURSE New York, Feb. 27. The tone of tho trading continued firm after the first hour and many advances ranging from one to over three points were made in the more important issues. Houses like Flower & Co., Post & Flagg, Harriman & Co, and Hooley, Learnard & Co. were prominent In the buying and there was at the same time moderate cover ing of shorts by room traders. Help ing along a general recovery. We are Inclined to believe that the claims of tho attorney of tho commis sion will not stand the tost of legal investigation. The holdings of Baltimore & Ohio, of Reading; about $30,000,000 in all and the holdings of Lako Shore of an equal amount is the subject of comment and is mado partly responsible for the decline in Baltimore & Ohio. It ought to be Btated that tho market had suffered from causes recently and the lack of support at this Juncture is very largely duo to tho recent pessimistic opinions expressed by financial leaders. How far the sentiment expressed above or conviction may extend in the public mind is not quite sure, but it is safe to say that the situation will not strike the public mind either at homo or abroad, in a favorable way, though It is equally sure that operations have not been made to the samo extent on the same lines by other corporations, and perhaps the extreme of these conditions as well as the alleged powers of the commission are now before the public. There is very little that can bo said about the market in general. Tho public Is very timid and will not enter the market so that tho trading is to a very large extent professional and In the hands of bear operations. While the Union Pacific investigation is going on uncertainty naturally exists and until that is over it must have soma influence upon tho market. The influence of the testimony of Harriman before tho commission is consid ered decldely unfavorable and stock market depression is looked for. Mere unfavorable developments are expected at the hearing which will bo continued today. These revelations, it Is feared, will be followed by more drastic rail road legislation. The Inquiry will without doubt ccn tlnue to depress sentiment. The pub lic and Investors will not touch secur ities as long a3 these corporations and their management are being discredit ed. A rally or reaction is likely at any time on short buying, but every time nrices harden I think them a sale. We see nothing in the situation to encouraee anv hoDe for a resumption of tho unward movement and except for occasional rallies during the shot cov ering expect to see continuation of the tendency toward lower levels. We think the whole list will prove a purchase, but it would take a bold man indeed to buy them. It is quite possible that this Is the final shako out before a real bull campaign, but even the most persistent bull would hardly daro to buv now. In brief. I unhesi tatingly advise those who are in i position tc do so, to buy tho active is sue 3 on weak spots. The Sun says regarding the Ilarrl tfmnnv "it pneared for one thing that the Union Pacific company had lost over $11,000,000 on its purChases of the stocks of other railway companies made since January first and that the ffalrs cf the company were mod to the hands of f V A u J 4. A AAA. w a small number or inaiviauaaa wcic managing them In what may be moder-ntr-iv fli.afrihori o a o. daring manner. It was n sti vf.fv clear tnai intse uinuagers had been able in the past to ex tract a vast personal profit out of their operations." The heavy selllr.gr of yesterday was continued during the opening hour, but good support was given the market and stocks were readily absorbed. While there was some short covering, a good deal of the buying came from banking houses, end Union Pacific, Pennayl vanla. Steel's and Copper received ex cellent support. It 13 safe to say that the Union Pa clfic inqury has up to this time mada a bad Impression both as reflecting much broader view of the commissions powers as claimed by Its principal at torney, but also in the developments of the testimony wh'ch appear to ind! cate a scope in financiering anl per bans speculation not looked upon as ronolstent with the functions Of a rail road operation.

Wednesday. Feb. 27, 1907. I

you can buy Bt0f?c, f .fCW Uxnw8 that be sure XomlZ lmty and ''ult tnonev Th , .... vis oversold, in f, " 1 still. esnocialK- ?. to a Pt'lHarriman stocks cL, Mrfiran anl a aro the quicker n," and Anac"nto buv. u-ct ones on the list I think but it has the Short lnt . al 8 larsre. lag's -'-eu reiiui, trading. ?ha ,'' ornrrly their nMs " ' 13 ar able to don't look for m. " . oasll- that I u:t. rally at preaSomo of the heaviest first hour ca ie from th r.. la incr and the w,.. V. "'lles ""OW- ' 1 v I U tempt was nnuV to "ouses. The atconvnv v . that this illVoiv.,i o . " but ,u.- u:;n no grcup has willing -v been morn " w uuiicipate a ray. It looks il uie orders to average on declinesnau Deeome exhaust tod. omo Clipper buying attempt was mado to po stocks after the opening. g tho The - v, I., n 'ever, come ncm tne Standard Oil sources. Tho dull on tho market gets extremely ",l 1 nying power or port is decidedly feeble. r.-iiiiw rn-.. v. , supC0:,IPTE0LIER ITAI.IES CHANGES. The controller of the treasury yesterday published an announcement of tho following changes of officers of national bunks of Indiana: Tho First National Bank of Farmland, L W. Greene, president, in place of F. 1 Shaw, deceased; tho City National Bank of Auburn, F. K. Davenport, vice president, also cashier in place of K. W. Black, Frank II. Nieclai. assistant cashier; tho First National Bank of Whiting, Fred J. Smith, president, in luace of G. J. Bader; the First National Bank of Montgomery, II. D. MoGary, president, in place of J. M. Crawford; C. W. Slinkard, cashier, in placo of C. C. Martin; the First National Bank Mooresville, John C. Webb, vico president, in place of Jchn Gibbs. OUTRAGES OF POT HUNTERS. Harry S. New has written a letter to congress in which he tells of the wanton outrages perpetrated by pot hunters up in Alaska. He describes several scenes which are calculated tc make the blood of tho legitimate sportsman boil. He says that he personally saw tho carcasses of eleven mooso which had been killed and left on the ground to rot. The hunters knew, he says, when they shot tho mooso that they had no way cf removing the carcasses. It is to prevent such outrages as this that Captain New has appealed to congress to enact an adequate game law for Alaska, and the chances are that the bill which he Is pushing will soon receive the signature of Theodore Roosevelt. YOUNG TAYLOR RECOVERING. Hugh Taylor, the 16 year old eon of C. A. Taylor, agent of the Chicago Junction in Hammond, is recovering from a shot wound that he received ac cidentally a week ago while delivering papers near his home in Fnglewood. Because of the seriousness of tho wound there was much anxiety on both the part of his folks and their friends many of whom aro in Hammond. WILL BUILD W. C. BELLMAN'S GLENDALE PARK RESIDENCE. Contract Han Ueen Let to V. V. Park er and Cost Will He $8,H0 Homo To He One of the Moat Attractive fa Hammond. Contractor W. W. Parker proved tho lowest and best bidder on the residence that Is to be erected by W. C. Bellman in Glendale this spring. Tho contract price was $8,000 and Mr. Bellman's resi dence will be one of the most beautiful in the city. The living rooms are tc havo beamed ceilings and the designs aro very orig inal. The building is to be of brick and will be one of the first of the beautiful and costly homes that are soon to aaorn nammonu s ;ou jiiu. J. T. Hutton is the architect and has out done himself in an effort to make the home of tho ex-superinten dent of schools and present cashier of the First National bank a beautiful and attractive placo of residence. If an ad In TI1I1 LAKE COUNTY TIMES doet not brinK n result you know the telephone number. Do You Ever find yourself ia need of a little ready cash ? , BORROW MONEY from tis ia a bus'ness-like mance', 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 $1000 and you can pay it bac in 6raall weekly or V monthlv oavmenta to suit conve- f j 9 j rience. OUR MONEY is loaned to .honest people CONFIDENTIAL without moving goods from the premises. We will iend representative to explain our eay payment pla-i. Call, write or phone The Chicago Discount Co. 8133-40 Ccmr.ercisi kit SOUTH CHICAGO 1 Room 2C a ti- 00. axcago Open Monday. Thursday and Saturday Eveuiugs until o'clock We close other Evening at 6 o'clock or addresf L- Box 233, Haannond, Ind. Jessys--' J Pay County Taxes to Lake County Saving & Trurt Co-, 02 State St. Open ereiiinsa except Tharsdaj. If you want to reach the Intelligent readers of Lake eoonty the easiest way Is through the columns of THE LAKU COUNTY TI3IES.

r i t

r f r t r f !' f.,i t 4