Hammond Times, Volume 1, Number 215, Hammond, Lake County, 28 February 1907 — Page 4

PAGE FOUR

THE LAKE COUNTY TIMES Timralay, Feb. 28. 1907.

THE LAKE COUNTY TIMES AN EVENING NEWSPAPER PUBLISHED BY THE LAKE COUNTY PRINTING AND PUBLI8HINQ COMPANY... "Entered as second-class matter June, S8. 1908. at the postofflce at Hammond, Indiana, under the Act of Congress, March 3. 1879." Offices in Hammond building, Hammond, Ind. Telephone, 111. Chicago Office. Room 1603 Tribune Building, Hugh "W. Montgomery, representative. Term t Subscription. Yearly , $3.00 Half Yearly $1.50 Blngle Copies 1 cent

LARGER PAIO UP Circulation than any other Newspaper in Northern Ind. Circulation Yesterday fa-!) CIRCULATION' BOOKS OPEX TO THE PUBLIC FOR INSPECTION 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. DON'T WASTE THE ENERGY. Iluebner's invention for doing the family washing by sitting in a rocking chair opens a largo field of possibilities by which surely some other inventor will profit. At present all that Is necessary to do the family washing la to sit in a rocking chair, fixed above at wash tub, and then rock away. The probabilities are that there would be a waste of energy and to utilize this It might be suggested that a scrubbing brush be attached to the rocker on one Bide and an attachment to rock the cradle on the other. If there is room a lever might be attached which connects with the butter churn and possibly a fly-chaser and a fan. Mr. Huebrier will accept any suggestions and will give preference to those coming from the women. COST OF LIVING THE CAUSE ? Examples of the Increased cost of living are furnished every day. Two employes of the Hamilton National bank of Chicago found it impossible to keep up a respectable apearance on $1,500 a year each so they levied an aggregate contribution of $10,000 on the bank for a little extra work, the eame extra work being entailed in covering up their tracks. The finish was In accordance with the precedent. They are now in jail and the bank directors tind the surety companies are determined to "make an example of them." The penitentiaries are full of such examples and they are not confined to the $1,500 a year grade of bank employes either. They run the gamut from the messenger who filches the price of theater tickets to the president who steals millions. The Increased cost of living is the cause of these downfalls. Few love money well enough to steal it for Itself. The man who robs a bank from the inside takes the money because he wants to buy things with it. Most of these things he would be better "Without. He spends as he steals and When he is finally caught up, which is Inevitable, lie generaly is found with nothing but a heart full of remorse. The man who robs a bank with a pen Is a bigger fool with money than the man who robs it with Jimmy and dynamite. A man of the latter class of criminal, if he is lucky enough to get away with the plunder, makes no lavish display. He does not have it to "hold up his end" with the Algernons and Harold of the born rich. He has no place to sustain in society. Ho Ja not compelled to take out a policy on his honesty and pay the surety company a premium. He steals first and then spends cautiously. He is indifferent to appearances except such appearances as may attract the attention of the police. The Increased cost of living does not affect him for his tastes are low and therefore inexpensive. To be a bank clerk privileged to handle money in large quantities means to be "somebody" in the eyes of one's neighbors. To be a bank clerk means an environment out of harmony with the price the bankers are willing to pay for "faithful service." To be a bank clerk means to bo content with smaller wages than a bricklayer commands. The cost of even being decently clad and well-fed has grown up about the bank clerk, yet his salary remains the same. Tha banker does not think of this until one of his help goes wrong. The banker does not think of his help at all. He leaves that to the surety company. SENATOR BAILEY of Texas, whose re-election was fought bitterly on the ground that he had accepted bribes from the Standard Oil company, threatens to ;send out of the democratic party nmd dig the political graves of thirty-six of the forty state representatives' and senators who opposed him. He includes among those he Intends to bury "face downward" Editor Hearst, who he says had his agents and emissaries In the Texas legislature. Although re-elected, Bailey was not acquitted of the charges preferred against him. The charses were eiraply

"not proven" which is another way of saying: "Guilty, but don't do it again unless we are in with it."

WITH THE EDITORS. Legislature Conservative. The laws passed during the present session of the legislature, considered in connection with amendments proposed to pending measures, reflect a conservative sentiment that 5s far different from the radical and somewhat hysterical outcry heard two years age. The present session is influenced by the reactionary judgment that naturally follows the exaggerated talk of reform and the allegation that all men are corrupt. We believe that there Is grave danger of the pendulum swinging too far toward conservatism, but certainly it makes no mcve toward radicalism. On the theory that the present session is reactionary it is easy to see and explain the course of legislation. At the time both parties adopted their platforms there was a reform wave sweeping the country. Neither party dared to deny the need for radical changes. During- his early administration and in the campaign Governor Hanly made us feel that things were in a very serious condition. Indeed, and that he had come along in time to save the commonwealth from wreck. The popular belief was that there had been a vast amount cf graft and corruption in state government. There always will be for room for improvement but the theory of rottenness was founded on a fallacy, for Indiana had been well governed. There isn't a state in the Union that can pcint to a better record for conscientious administration of public affairs. The state's finances, the school system and the management of the benevolent institutions testify to the character of the state. Under eueh circumstances and conditions it was Impossible for the people of the state to believe radical measures were necessary. Now it must not be concluded that the legislature is not enacting remedial legislation for such a conclusion would be far from the truth. But it must be confessed that the action is conservative. The Insurance bill in its. present shape restricts life insurance companies and provides for state supervision, but it isn't revolutionary. The primary election bill if it passes will be in such shape as to make primaries optional with the great majority of counties; the reform idea was to make the primary compulsory from national election down. This would have up set all political traditions. The pub lic depository law is being amended in the hope cf doing justice to all concerned and saving the people the interest on their money. After careful consideration the anti-lobby measure has been killed. This bill, if it has become a law, would have made it a very serious offense for the worthy citiens of any community, to appear at the legislature against some measure that threatened them injury; it would have punished the good citizen with the wicked one. In all the legislation that now seems likely the principle idea the reform' idea ha3 been preserved. The anti-trust law as amended by the senate may be an exception but that shouldn't be judged until its strength can have a test in the court. The conservative spirit in legislation is not to be condemned. Even though It may produce results objectionable to some it is much safer than a revolutionary eoirit that would upset established order without Judicial consideration of all the evi dence. Lafayette Journal. Cause of the Teachers. This week decides whether in the opinion of Indiana legislators the public can afford to be just to its employes, for this week they are to pass on the questions of teachers' salaries and pensions to teachers. The principles Involved have passed beyond the realm of discussion. Nobody dares longer to question the principle cf "a fair day's pay for a fair day's work." It is so plainly equitable, so clearly a matter of right between man and man, that It appeals to every conscientious person as a direct applica tion of the Golden Rule. Does a man want a fair day's pay for a fair day's work? Certainly he does, and with what grace can he deny it to others? And more than that, why should the public deny it? It ought to be test ing an example in righteousness. If individuals are to be expected to at tain it Nobody questions that the teachers are poorly paid. That is established by comparison with laborers in other lines, and by the pay of teachers in others states. The only excuse offered by anybody for not paying them fairly is that the school funds are not large enough to admit of an increase of salaries. The obvious remedy fcr that. If the claim is true, is to make them large enough. Indiana can not afford to say that it can not be Just because its revenues are not large enough to admit of It. This is not a pauper state. It is one of the wealthiest and most prosperous in the Union It is as well able to pay fair wages as any of its sister states. It can af ford to be just. Theret is an element of patriotism in this matter. We look to the teacher very largely to form the character of the coming generation of citizens and imbue them with established Ameri can principles. She is A link among the years, tc knit The generations each to each. How are We to expect the bst re suits in this from people who feel that they themselves are wronged ly the government which they are expected to teach children to respect? Of course the conscientious teacher would not bring up the subject, but, let each man put It to himself would he feel en thusiastic on the subject of his em ployer's merit under the same condi tions? It Is worth while to be Just for the return that would come for it. Indianapolis Star. ' We Collect County Taxes on Hammond property. Lake County Savings & Trust Co. 82 State St. Open evenings until S o'clock

WHITING NEWS

Mrs. Henry Flfield was shopping In the city today. Alvin W. Bumhour was a Hammond visitor last night. Coroner Iloskins yesterday morning. was in Hammond Miss Elsie li. Hatch has been quite sick this week with neuralgia. Henry ness in Schrage, sr.. East Chicago transacted bustlast night. Mrs. William Wetmore reportorial staff of the is now on the Whiting Call. Frank N. Gavit returned from Indianapolis where he court. yesterday attended Messrs. Edward Girard and Edward Gray were South Chicago visitors last night. Mr. and Mrs. Pecer.y are entertaining their of Fred street nephew from Chicago. Miss Nellie Wycoffe and sister, Mrs. Roger Comfort, were Hammond visitors last night. The children of Abe Goldsmith of Schrage avenue has recovered from the measles. The Epworth League of the Methodist church held an important business meeting last night. Mesdames Max Nassau and N. Pitzelc of East Chicago visited relatives here last eveling. Mr. and Mrs. James Canaan and Miss Mary Johnson attended a theater in Chicago last night. William Wetmore leaves Monday for as his health has not been California so well since west. he returned from the me eiiuu ol uaviu nayne 13 verv low with pneumonia, and the doctors gave up ail hopes or its recovery last night. superintendent John c. Hall returned from Chicago yesterday where he spent three days attending a superintend ents' convention. Miss Lillian Callahan, who is suffer ing wun typhoid fever at her homo in Pennsylvania avenue, is reported as slightly Improved. ""ij ierinittrui OI me J., fc. & E. depot returned yesterday from Madi son, Wis., where he attended the fun eral of his grandmother. .mrs. nouen .rants oi i-.aiJortG ave n r t i v . t . v . nue has returned from Elgin, III., where she was the guest of her par ents, Mr. and Mrs. McCall. jurs. jatnerme Stewart visited at home of her cousins, Mr. and Mrs, vwmam iueyers, nnz Stewart avenue, West Pullman, last night. me 11. S. Girls basket ball team will play at LaPorte tomorrow night. Miss Ruth Dale will act as coach In the absence of Miss Edith Gladfelter. Thomas McCarthy of Atchison ave nue, who Is paymaster for the Inland Steel company at Indiana Harbor, broke his hand while uncoupling cars on the Indiana Harbor road. it will be acceptable news to the many friends of Gallus G. Bader to learn that he is recovering nicely from the typhoid fever and that the attack was a very light one. llio two-year-old son of Mr. and Mrs. Joseph Graves died at their home in bchrage avenue yesterday afternoon at 3 o'clock, after a short illness with pneumonia. The funeral will be held tomorrow morning, but the time has not yet been decided upon. The Daughters of Liberty, Union Council No. 9, held a very interesting meeting last night. Several new can didates were Initiated. After the busi ness of the evening was disposed of the members partook of a dainty luncheon which was served. Miss Edith Gladfelter, who is the business and botany teacher at the high school received a message yes terday saying that her mother was dying and left at once for her home in St. Louis. Pussell F. Smith will have complete charge of her classes until she returns. The remains of James Degman, who was killed at the Pennsylvania cross ing in t ront street Tuesday night are still at Hellwlg's morgue. It has now been learned that he is a member of the East Chicago order of Eagles Word has been received that his sister from Pittsburg Is on her way here to clai mthe body. Wallace Corpe returned to his home in Vistula after spending a few days with friends in Whiting and Indiana Harbor. Mr. Corpe was formerly em ployed by the Lake Shore road at the Harbor, until he left for Elkhart where he worked for the Lake Shore until about two months ago, when he gave up railroading and went into the poul try business. Talleyrand's Way. Tallyrand at his dinner parties in serving graduated his maimers to his guests' rank this way: To a prince of royal blood: "May I have the honor of offering your royal highness a little beef?" To a duke: Monseigneur, permit me to offer you some beef?" To a marquis: "Marquis, may I cut you a little beef?" To a viscount: "Viscount, have some beef?" To a taron: "Earon, some beef?" To an untitled gentleman: "Some beef?" To his secretary: "Beef?" When there was present a person even inferior to the secretary, to him Talleyrand did not say so much as a word. He simply looked at the man, and pointed the carving knife at the beef interrogatively. X. P.'s Weekly.

WCRS

Latest Movements ia Industrial Centers, by Escluaivo

NEW YORK LETTER. New York, h Interstate oday hud u I illUeS t f sto, mm follow eliding of k-et lKatloH t upon the llio ll.iriilnt. rcMtt d. it no inure l i'llli!ir-l i i- 1 1 rlu tli lul c nV. ka tl Willi h U i i- lint V 11 V The devcloiiiii. nsatU 1 tlian 11.. lief It, ul th Kuti.it tint lit 1 at, ..f jesterduy i Woiftt H known rulty throughout and the caused tl e list ill the l.tto t f tel lioolt. Furtherinoi , th t.elt.-r th.tt the Aidrich bill Will p:ia In the next lew days was used at; a bull e.itd to frighten the She. r is who ImVo beeotue altogther too prominent. The active railway shares scored rallies ranging from one to four points with Reading th particular strong ature. The buying In this stock was mostly by traders who tukl yesteraay and were so outspoken in their cpinons that it wus destined to reach 100. The Frlck crowd helped the buying move along by bidding for large blocks of Reading whenever they de tected a disposition on the part of shorts to get back their contracts. It was noticed, however, when th stock has reached the high price of the day, 110 Mi, the Frlck contingent were lib eral sellers. It Is more than possible now that the unwieldy short interest was made to cover the fact that there will be another reaction in these shares tomorrow or Saturday. Shorts were liberal buyers in every active stock on the list. St. i'aul, Copper, Smelters, Anaconda, the UocK Island shares and in fact all of the specialties which showed such extreme weakness yesterday were taken In hand and bid up two to five points over yesterday s low prices. Call money rates showed a hardening tendency, call loans ruling as high as 6 per cent., closing at 4 per cent. The market closed strong and buoyant. HEW YORK STOCK MARKET Descpt. Open .101 131 Vl . 43 Vi 109 140H 32 .109M High Low 101 98 i 131 4 1081 13SMs 7H4 32 108 SIVa C9 15 V2 4 9, a 19 42 ?4 32 21 31V2 184 115 36 36 79 Closn 102 98 133 44 110 1404 72 32 110 V4 82 70 15 61 19 4 44 33 21 32 187 1 1 6 36 36 79 75 344 58 34 128 23 146 164 71 4 4 V 70 804 68 126 S4 43 32 934 129 48 116 Atchison 1024 98 133 44 nm 140V2 73 32 110 S24 7 04 15 6 Us 19 44 334 21 32 187 1 1 6 . 364 79 75 4 ' 34,! .58 v 34 128 23 4 147 164 Do pfd . . Am. Sugar Am. Car . . Amal. Cop. Am. Smelt Am. Do com Am. Wool B. & O. .. Biscuit . . . . 1H 69 Vi . 15 Vj . 49Vi 19 . 43 V4 32 Va . 21 . 31VS 185 115 35i 36?8 . 79 . 75 . 334 . 58 . 33 1264 . 23 145 .1594 Brook. R. T. & G. W. . Ches. & O. . C. & A. com C. F. & I.. Col. South Corn Pdts Cotton Oil . Canad Pac Coast Line Cent. Leath. Denver com Do pfd . . Distillers . . i u Vi 33 Vi 58 32i 126 n 144 1592 70 424 70 78 6 7 1244 83 4 3 32. 93 128 48 112 32 96 23 524 49I 90 24 4 144 23 40 3 24 32V4 169 43 103 32 152 204 43 Erie com . Erie 2nd .. Interboro . . L. & Nash Mex. Cent North Pac Great Nor Gt. Nor Ore 71 4 4 U 71 803,4 68 126 84 43 32 Vi 93V4 129 Vh 48 1162 3 3V4 97 2 4 "4 562 49 91 2 5 Vi 146 244 41 33 33 171 44 104 32 13i 21 41 M K T cmb42?el Do pfd Mis. Pac Nat. Lead . . . 70 .. 7 8 i ... 6 7 2 N. Y. Cent 124' Nor. & W. . . S3 Ont. & W. . . 43 Pacific Mail 322 Peoples Gas 93 Pennsyl. ...128 Press Steel 4 8 4 Reading ...113 R. I. & S 32 Do pfd ... 96 s4 It. Isl. com 23 Ts Do pfd ... 53 Rubber 49 South. Pac. 90 So. Ry. com 25 H St. Paul ...1444 St. L & S AV 24 S3 V 97 24 56 49 91 25 145 24 41 33 33 171 44 104 32 15 21 44 St L&SF2dpf 40 Texas Pac 3 24 Union Pac . Union Pac U. S. Steel Do pfd . . Va. Chemlc AVabash . . . AA'is. Cent . . Do pfd .. . 324 169 & . 43 si .103 Vfe 32 . 152 . 204 . 43 NEW YORK COTTON MARKET. Month Mch. . May . July . Aug. . Oct. . Open . .945 . .962 . .972 . .974 .938

High Low Close 900 944 903-64 977 960 977-78 9S5 970 984-S5 988 974 987-88 1011 996 1010-11

Mil AND PROVISION ftlARKET Month Wheat. May . Julv .. Sept. . Corn. May . July . Sept. . Out. May . High Low ODen Closa I I ?S 7S V4 .78 .47 .46 .46 .42 -37 .32 .1652 .1682 972b .975 .990-92 .915 .920 .627b '7 3i 8V4 rs 78ax 78 77 '8 47 46 47 424 37 32 47 V4 46 46 474 46" a b 8 41 37 32 42V4b 87 ax July Sept. LartL May July Pork. Mav July Sept. lUbe. May July Sept.

1677 1652 1652 1685 1665 1665 982 975 975ax 982 977 977ax 992-95 9S2 S2 920 907 907 930 920 920ax 932 820 920

CHICAGO LETTER. Chicago, Feb. 2S. WHEAT Narrow range of prices with the tone of the l market inclined to strength. The news in a statistical way was rather bullish: Argentine shipments almost a million bushels less than last week; receipts at all primary points not large; foreign markets a shade firmer and reports of crop damage In Germany all had a tendency to induce speculative buying. Caea demand in the northwest about as yesterday, millers buying only what urgent requirements demand. The market closed dull and uninteresting. CORN Ruled stronger early on shorts covering and a better tone of foreign markets. Receipts at the primary markets larger than expected. Cash demand unchanged from yesterday. The market eased off slightly in the last hour closing steady. OATS Weak early in the session on general selling to take profits by commission houses, but later regained the lost ground and' closed rather firm. Eastern demand for cash, oats ccntin-

TS 9 t

is ram and Jr

ue brisk; oats In the sample market held one-quarter of a cent higher. The market closed fairly strong. I'UOUtfU MARKETS. C hicngo, Feb. 28. The condition of tlie eg market and the rising of prices will at! be governed bv the receipts from now on. The recent decline in rites has induced considerable buylug, retailers are taking hold quite freely and there is a good eonsumptne trade. The demand for butter is not so urgent of late, but supplies' are closely adjusted to requirements. There was a fair trade in poultry at unchangeu prices. Quotations on round lots ranged. Butter Receipts, 3.006 tubs. Extra creamery, jobbing 32.e; price to re tailers. 34c: prints. 35c: firsts, 4i 30c; seconds. 22'q 25c: June extras, ov f4 80 c; dairies. Coolers. 3e; nrsts. 2d t 26c; renovated. 2 4 it 25c; packing stock. 20fi20o. Eggs Receipts. 10,239 cases. 1- resii stock at mark, new causes included or cases returned. laiflScH; r.rsts. pack ed in white wood cases, grading .0 per cent fresh. 21c: prime firsts, packed in white wood cases, grading 85 per cent fresh, 2c; extra high grade stock gracing fct per cent fresh, especiaii packed for citv trade. 24c. Potatoes Receipts. 25 cars. Wis consin, Minesota white stock, choice, 44,1 -S6e; choice to fancy, Mlcnigan, 46c; red. fair to good. 3l. 'j4ic; mix ed, red and white, 29(u41c; common. small, red and white, 3 ii -. , Sweet potatoes. Illinois, $2.2o -j -'. per brl; No. 2, Jl.25ifl.7o per uri. New potatoes. $3,00 58.00. A'eal Quotations for calves in good ordor were as follows: 60 to So lbs 5f:6c; SO to 85 lbs, 6'jSc; to to 100 lbs, fancy, 9-Ji 10c; 150 to 17o lbs. good meatv, 5fi5e. Dressed Beet No. 1 ribs, 15c; No. 1 loin, 17c; No. 1 round. 7c; No. 1 chuck, 6c; No. 1 plate, 5c. Live Foultrv Turkeys, per 10, iue, chickens, fowls, 11c; springs, 10 c; roosters, Gc; geese, $5.00 it 7.00 ; ducks, 12c. "Fruits Apples, per brl, Sl.50ffi4.00; bananas, jumbo, per bunch, $1.40 (a 1.50; straight, $1.107? 1.25; lemons. California. $2,750x3.50; oranges, California, f 1.7 5 5? 3.15. Green Vegetables Beets, 50c per sack; cabbage, $1,255? 1.35 per brl' carrots, 50!&70c per sack; celery, 1.25 3.75 per crate; onions, 600750 per bu; nnrsnins. S5 (f"'90c Per tub; spinach, lC per hamper; turnips, 40WW&O per sack. C. H. WAN2ER STOCX km BOKO BROKER. Stocks Carried on 3 to 5 Point Margin. Nomina! Rates of Interest. 333 Rookery DIdff., Chicago. TELEPHONE KARHISON. 34G5. JOHN DICKINSON & GO, STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Salla SL, Chicago. New York Office, 42 Baoadway. Members Chicago Board of Trado, New York Consolidated Stock Exchange. Direct Private Telephone. Central B5S1 ires East. Automatic 405S. Central 5531 GRAIN MARKET. Chicago, Feb Wheat, 16 cars; car3. 28. Car lots today: corn, 259 cars; oats, 95 Total Clearanrw. Wheat and Hour equal 273,000 els; corn, 233,000 bushels; oats, bushels. Kstttnates for Tomorrow. Wheat, 21 cars; corn, 373 cars; 122 cars; hogs, 24,000 head. JVortliwest Ilecelpts Cars. Last Today Week Duluth 42 56 Minneapolis 342 241 Chicago 16 7 bush9,000 oats. Last Tear 82 433 7 Primary Movement. Receipts Wheat, today 688.000 Last week 53a, 000 Last year 60MI(, Corn, today 648,000 Last week 580,000 Last year 690,000 Shpmnts 235,000 241,000 211,000 ES2.000 305,000 681,000 Southwestern Receipts and Shipments WIlCHt. Receipts Ship. 68,2V5 60.900 47,000 88,000 83.000 81,000 Minneapolis, today 3-2 Last year 4?Hx2 St. Louis, today Last year 26,000 Kansas City, today ..102.000 Last year rfa.ouu LIVE STOCK MARKET. Union Stock Yards. Feb. 28. Hog receplts, 26,000; market strong; left over, 4iLlJght. $6.S0 to 7.00; mixed, $6.80 to 7.07: heavy, $6.80 to 7.07; rough. $6.80 to 6.90. , . . . Cattle receipts, .8,000: market steady. Sheep receipts, 16,000. Hogs Cattle Omaha 10,000 3,000 Kansas City ... 9,000 5,000 St. Louis 8,50 2.&0 Sheep 5,000 5,000 2,000 Union Stock Yard. Feb. 23. Hogs closed weak. . , ' Light, $6.80 to 7.00; mixed, $6.80 to 7.05; heavv, $C.80 to 7.05; rough. $o.S0 to 6.90. , , , Cattle closed steady; sheep closed steady. LIVERPOOL MARKETS. Liverpool. Feb. 28. Wheat opened one-eighth lower; corn, one-eighth lower. WEATHER FORECAST. Kansas Snow and colder tonight; cold wave southeast; Friday generally fair and continued cold. Montana Generally lair tonight and Friday; slowly rising temperature. Illinois Rain or snow tonight and Friday, warmer tonight; coider Friday. Indiana Rain or snow tonight and r riday; colder Friday. Missouri Rain tonight turning to snow Friday; cold wave In east. Lower Michigan Rain or snow tonight and Friday, warmer tonight; colder Fridav.

.Wire to Lake County Times.

, Wisconsin Rai Fridav n or snow tonight ; tonight and colder Pri warmer day AYisconsin Rnin or snow tonight nn colder Colder. west Friday; snow ana Minnesota Generally fair tonight and t riday, except snow east and south tonight; cold wave south and east. Iowa Rain or snow and cold tonight; cold wave northwest Friday; coider. North DakotaFair tonight and Friday; rising temperature north. South Dakota Gener.iliv fair tonight and 1 riday. colder tonight. Nebraska Snow and colder tonight wiia coia wave east; Fridav generally fair. HEARD ON THE BOURSE New orlc, 1-eb. 23. Purely liquida tion was noticeable today, especially In Heading and Union Pacific and weak accounts weer cleaned out irrespective of price. At one time such Quantities were brought out as proved plainly that that it was forced liquidation. All these will no douot put matters in better shape if only for a rally, and it looks as though purchases at around these prices ought to prove profitable for the turn at least of a point or two Stock apepars to bo easily secured In the covering of short committments but sentiment and confidence lias been so rudely shaken that rallies so far have been spiritless and there i3 no present refiection of a sold out condl tlon which could logically precede i good advance. Notwithstanding favorable news from A"ashlngton that the senate has passed the Aldrich bill stock was for sale in very large quantities, and under the lead of Reading and Union Pacific prices declined about three to five dollars in the high priced issues with a proportionate loss In the lower priced ones. The testimony given at the Harrlman Inquiry had a very depressing effect market-wise and the public at large evidently i3 noting harmony with such financing. We think that when once the distributing factors are eliminated and liquidation has run its course, confidence will be restored to some extent and better values should be the result. For the present we still advise caution and would only buy very moderately on depressions only. London-Party growing out of the progress of the settlement In that market and some buying may follow the passage of the Aldrich bill in the Senate. Recent operations have represented some rather precipitated sell ing for the short account and as before stated In these advices, the stocks are rather stubbornly held at present levels and the market may rally through the active list somewhat, but no extended support is anticipated from the most confident of the larger Interests. If the Aldrich bill passes the senate the market may rally an eighth, but don't wait till Reading sells at par. Sell it now. Beyond the fact that many of the best stocks sold today at prices which recall their valuation at times when general conditions were much less favorable and when the market was depressed by special and perhaps fundamental causes, it is not yet clear that the buying power is significant of high class Investments support. No particular reason is given for this weakness. It is said the market is full of stop orders and traders are gunning for them. Such a break as culminated this morning, making practically a double bottom with that the three weeks ago, often occurs preparatory to a big up ward movement. We still believe that when at last outsiders have become convinced that prices can only go down and act accordingly, there will be a bull market of no mean proportions. For the time being the passage of the Aldrich financial measure will sup ersede as a market influence the inter state commerce investigation proceed ings, and it appears to be understood in Washington that the bill will meet with no determined opposition In the house. Most published opinions on the Union Pacific Inquiry express disap pointment that the defense was not more conclusive and that the admissions made by the principal were not of a kind to re-instate nublic confidence in the management of the financial affairs of corporations. The market seems to be a purchase on these weak SDOts and drives for a short turn. Attorney Severance seemed to be investigating Kuhn, Loeb & Co. He wanted to know what change had come over Kunh. Loeb & Co. to cause them to leave the railroad directorates and asked other qusetions which appeared to have no bearing on the subject matter of the investigation. The placing of the Aldrich bill among the laws will hardly have a more important effect than its passage through th3 senate and It is safe to say that the adverse sentiment created by the Union Pacific investigation will not Immediately pass away, to say nothing of the apprehension of investigation in other quarters, and the possible liquidation of sydnicato holdings under this influence, and yet to come. Stocks look relatively low enough, but confidence is lacking. Stocks advances are likely to da j. to show further The passage of the Aldrich currency measnre and the adjournment of Congress Monday next, however, can have only temporary influence on sentiment.

The uirect influences are the disclosures at the Harrlman investigatioti entirely unfavorable to the general speculative and Investment situa-

vnon. ino market is m,r,K- . ional and the outstanding shor interci is us real snnr.- .-. --.vc uv s-irengtn. On any further bulges sell them. I buy Atchison common It has . & u than any other stock for resiliency some time purchase. i'"1" niiu joos.s line a c-o,,i It was said in various mornincpapers that F. A. Helnze ls interested in Nevada. Utah nn.i .... . refctt a and brok iiauers i are maKlnir thi a bull i'v-MUi iui iu uavanco it can be stated authoritativelv ti nt Helntd vv v . i c 1 v kin's . - .-tock and is in no way Identified witht the property. Mr. Kahn said they had hn.i,. Southern Pacific at their own instigation although they had to be en bound to give the Union Pacific an option on Southern IY.eitlo stock before they offered It to anyone else. Mr. Ka shares of n said they bought 677,700 Southern Pacific stn.-w me nuniington state at J 50. til n har.. They guaranteed to deliver 72 300 shares more to the Union Pacific later at the same price. Careful Investigation here fails 11 confirm the rumor of either decrease, or passing of dividend of the issuing additional obligations. Newspapers hero ail comment on the weakness of n.e biocK out do not attempt plain it. to txThe owners say ently do nothing stock. Personally right and this is a age. nothing and apparin support of tho I think it is all good place to avervcports that serious trouble ivU,i in mines of the Amalgamated copper company are denied. Some development work has ceased temporarily. The output will not be affected. Political crisis in Japan; fall of the ministry predicted from local causes. Content sold 5.000 Union Pacific, Wasserman bidding for Reading. The Union Pacific investigation ls now over, and this ls the time to go In and buy Reading, Union Pacific, St. Paul, Copper and Atchison, Steel common, and in fact all the stocks that have been so heavily sold by the shorts. Make no mistake now, go In and buy. Sam Felton, president of the Alton, was on the witness stand all morning, he made a fine impression by stating that the Alton had spent $23,000,000 for real Improvements on the road and $3,000,000 for new equipment alone. Pot Nine room home on Michigan ave nue near Hohman. Bath. eras, hot and cold water; 50 foot lot; street improvments; paid in full. $3,000. Six room cottage on Douglas ave nue. A snap at 31.U0U. Twenty-two lots on Calumet ave nue iiro ana up. Jasy terms. Two hundred and ten acre farm near North Judston, $50 per acre; will take Hammond property as part payment. Lots in C. C. Smith's add. to Hammond $200 each. Easy terms. Thirty-two foot lot 149th street and Ash. A snap at $300. JACOESON'S AGENCY, 77 So. nohman St. Phone 1394. Residence 3632. If an ad In T1IH LA K 12 COUNTY TIMES dor not bring a rewult you know tbe trlrphone numbrr. Do You Ever find yourself in ceed of a little ready cash? BORROW MONEY from ti3 in a bus'ness-like manner, and yott will be under no obligations to your friends. If you have Furniture, a piano or any other personal property WE WILL LOAN YOU from 10 to flOOO and you can pay it back In small weekly or monthly payments to suit convenience. OUR MONEY ia loaned to honest people CONFIDENTIAL without moving goods from the premises. We will send representative te explain our easy payment pian. Call, write cr phone The Chicago Discount Co. 9133-40 Commercial ?8- S3Ua CH'CAGO Room 2C0 Tel. So. Chicago ODen Monday, Thnrday and Saturday ' Evenings ontU o'clock We close other Evenings at 6 o'clock or address 1 Box 233, Hammond, lnd. Pay County Taxes to Lake County Savings & Trust Ch 82 State St. Open evenings except Thursday. If you want to reaen the intelligent reader of Lake county the easiest way la through the columns of THE LAKE COUNTS' TLStES.

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