Hammond Times, Volume 1, Number 221, Hammond, Lake County, 7 March 1907 — Page 4
PAGE FOUR
THE LAKE COUNTY TIMES
THE LAKE COUNTY TIMES
AN T5VENING NEWSPAPER PUBLISHED BY THE LAKE COUNTY PRINTr TNQ AND PUBLISH INQ QOMPAN'Y. . . "Entered as second-class matter June, U, DOS, at the postofflce at Hammond, Indiana, under the Act of Congress, March g. 187." Offices In Ilamjcond building, Hammond, Ird. Telephone, 111. CklraRO Office. Room 160t Tribune Building, Hugh W. Montgomery, representative. Term et Subscription. Yearly $3.00 Half Yearly 11.50 flngia Copies 1 cent
LARGER PAID UP Circulation than any other , Newspaper in Northern Ind. Circulation Yesterday
YEAR ago I furnished tho press with a statement of my views as to conditions then.prevailing and the prospects for 190G. I referred to tho excellent condition of general business basod principally ON THE LARGE CROPS harvested in 1905, which were then overtaxing the facili
ties of the railroads in bringing them to market. I pointed out that, encouraged by the enormous crops harvested and the general good conditions prevailing, manufacturers and merchants alike were doing
a large business, entering freely into the PRODUCTION AND the Harriman following raise t1 PURCHASE of merchandise of all kinds. This large volume of busi- aii the 'stockthatPwas offered. Today
ness being done made a much heavier demand on the banks for money f tGr reaching icsu. this stock was of- & J fered In generous amounts to the
AT IIIlxHEK RAILS than had prevailed for several years previous,
and I confidently looked fior a continuance of the prevailing prosperity through the year 1906.
Vt K t? I also expressed" the opinion that in consequence of local demands
western banks, including those of Chicago, would not have the large
ilECCLATIOX BOOKS OPE TO THE PUHLIC FOR INSPECTION AT ALL TIMES.
To subscribers. Readers of the Times are requested to favor the management by reporting any irreguI&rties in delivering. Communicate with the circulation department, or Telephone 111.
EDITOR Marshall's explanation is another example of things looking different In print.
WITH THE EDITORS. Can't Show His Card. For twenty-two years the Hon. Beauchamp Clark of Pike county, Mo., "held the record for being the youngest college president in the Tnited States."
ile now aspires to honor in a field where the competition is pitiless. This
la what he told the house the other
day In what must be regarded as an
"aside" addressed to Missouri:
i have stood here In season and out
of season as the friend of the laboring people in the United .States, because
I have been a laborer from my earliest
recollection."
Everybody in politics is the laboring man's best friend; and Mr. Clark will find thousands of caveats earlier than his. But why does he call himself a "laborer?" He has been a hired man
unorganized and a clerk unorganized T T . -
.iie wevfi nus, is not ana cannot ho a "laborer" unless he can produce .his
curu. van ne do it? If he cannot hl3 protestations are vain, and he has
no standing as "the friend of the labor
ing peopie. ne had better stick to the source of wealth and votes, the prop of free Institutions, the noblest of nature's noblemen, the unspoiled and
unbought farmers of Tike and Gascon ade.
Tho Hon. William Joel Stone's term
In the senate ends on March 3, 1909
The Pike county laborer from his earli
est recollection would like the job.
New lork Sun.
WITH THE AUTHORS.
The Oxford university press will
soon publish "Selections from Dr. Johnson's 'Rambler,' " edited with preface
and notes by W. Hale White. The ob
Ject of the publication is not so much
to give specimens of felicitous expres
slons as to show what Johnson thought
According to the editor there is much
in Johnson which is not rev aled In hi
conversation, and he is but partially
understood by those who know him
through Bos well alone, the "Life" hav
lng obscured the merits of Johnson' own works.
ore
rosperity
Ahead Of Us
By JAMES B. FORGAN, Prominent' Chicatfo Banker
' I i
. . I
f ..w II K I if I w
3
iocks xzY&iTi an
committee to confer wit ht
W th the object in view to adjust the existing differences between the company and the trainmen, it is said that a settlement will be effected at this
...-wrK wunout any further eonees-
A,u t t Vl
Latest Movements in Indt$rial Centers, by Exclusive Wire to Lake County Time:
NEW YORK IETTEE.
New York, March 7. The stock mar
ket was not auite so feverish this
morning although the range of prices were again wide and fluctuations erratic. In the early trading hours shorts were inclined to buy stocks for a turn. Union Pacific scored an advance of
two points over the closing price last
night. St. Paul sold from 1122 to
144. Copper and Anaconda both
started off stronger, the former sell
ing up to 107 from an opening around
105; Anaconda from 634 to 70.
It was observable, however, that on
the advance large blocks of stock were
feed to the anxious shorts. The volume of the transactions in Union Pa
cific were remarkable. It is estimated
that the trade in this issue was the
largest since the memorable coup when
genero
shorts, in fact more than they could
absorb. As a result, prices gradually
eased off tho final close being almost
the low price of the day, showing a net loss in Union Pacific of three points
from the early high levels
The skvroeket features which were
so sensational in Reading yesterday
afternoon were absent in that Issue to-
araount of availablc-funds for investment in Wall street that they had da'- n the contrary this stock did
. . nut uiopiaj ucai u,ii..i.v
been using mere i or 'two or tnree years previous, x expected oanjc de
posits would continue to increase AND BE LARGER THAN
of the others. It is presumed the Frick crowd accomplished their pur-
nose vesterdav when they forced all
THEY HAD EVER BEEN BEFORE, but I indicated that the the shorts to cover at tremendous
losses. The newspaper stories mis morning to the effect that the Harri-
argo volume of general business being done would cause such a de
mand on the western banks that thev would not have to look to tho man crowd were seeking control of the
l . . I lr.l olmnst- nhsnrd
iew icffK marxei ior opportunities ior investing tneir xunus tnere. hn well informed circles
The market on the whole closed
feverish with a very weak undertone
apparent throughout the list
What I then anticipated was very nearly realized. Business was
excellent throughout the year, and it was a BANNER YEAR for banking. Money rates have been high, commercial demands have been strong and PROFITS HAVE BEEN LARGE. This is all as it
should be and is highly satisfactory after the three or four lean years
which the banks had previous to 1906.
As to 1907, wo had another bumper crop last year, and general
business conditions continue excellent. THE PROSPECTS FOR
VNOTHER YEAR'S PROSPERITY ARE AS GOOD AS THEY
WERE A YEAR AGO. Commercial demands, to which the west
ern banks have .given the preference, have been heavy and money rates
have been high, tho going rato for commercial loans being 6 per cent,
while tho Stock. Exchange loans in New York havo commanded even
higher rates.
LEGISLATION THAT WOULD SUPPLY THE COUNTRY WITH A
MORE ELASTIC CURRENCY WOULD HELP THE SITUATION VERY
MUCH BY GIVING SOME RELIEF FROM THE ANNUAL PRESSURE WHICH WE REGULARLY FEEL IN THE FALL AND PREVENTING
THE REDUNDANCY WHICH ENCOURAGES SPECULATION IN THE
SPRING AND EARLY SUMMER.
corn belt which is interfering with the crop movement. Foreign markets were
quoted a shade higher for corn which
induced a little trade at the opening. Later, however, when one of the prominent bulls made an effort to realize profits, prices eased off. The pit traders keep a watchful pvo far anv nr-
pearance of liquidation by the bulls
and start to sell corn themselves. The
market closed steady with slight change in prices.
OATS Xew high records for the
May option was the feature in this cereal. There was n. rush nf huvine
orders at the opening both for long and short account. The strength In this market is a legitimate one and it becomes more emphatic every day. Sales to exporters today were large being over 200,000. The market closed strong.
NEW YORK STOCK IIBKEI
Descpt. Open
Atchison ... 95
Do pfd . . . 96
Amer Sugar 127
Amer. Car 41
Amal. Cop. 107
Am. Smelt 135
Am. Ice Scs. 79 ai
Am. Locom 70?
Anaconda . . 70
Am. Tob pfd 70 Am. Wool. SO
B. & o. ...lost;
Biscuit 80 Va
Brook. R. T. 58 Vz
C. & G. W... 14Vfe Ches. & O... 47 C. & A. com 15 C. F. & I... 41 U
Col. South 32
Corn Pdts 2Hi
Cotton Oil .. 31V2 Canad Pac 174 '4 Coast Line 112 ia Cent. Leath. 334
Denver com 84.4
Do pfd ... 76
Distillers .. 73
Erie com ... 31 V2
Erie 1st ... 65 Erie 2nd ... 53 ?4 111. Cent ..150
Interboro ... 27 K
K. C. S. com 26 b
Do pfd ... 55
L. & Nash 123ii
Mex. Cent . 22 M
Great Nor luo
Gt. Nor Ore 71
North Pac ..139
M K & T cm 4is;
Do pfd ... 694
Mis. Pac .. 77
Nat Lead . . N. Y. Cent Nor. & W.. Ont. &W..
Pacific Mail Peoples Gas
Pennsyl . . .
Press Steel
How Our Vast IMineral
Deposits Are Exploited
Written Twenty Year Ago by GEORGE F. BAER, Now President of the Reading,
the Principal "Coal Railroad" of the Country
OW much of thi3 great wealth of mineral deposits of Penn sylvania falls to the share of the state AND HER CITT
7PrTS 2 Tf Tina -mQCful inr hn hnnrla nf mfrnntip ncsnpin- Reading
tions, kept together by state charters or some cunning com
bination called a trust, whoso principal stockholders are NOT
AMONG US OR OF US. Daily they carry off our treasures and leave only enough to pay tho labor which prepares them for and transports them to market. The profit which should enrich OUR
CITIZENS and state goes beyond our borders, and ,WE receive lit tie benefit from it. ?
All this has become possible through the mistaken policy of at-
tempting to ioster tne development 01 our resources Dy departing xew york cottojt market.
from tho stable principles of HONEST, FREE GOVERNMENT. Month, open
66 12214 82 40i 28 91 126 44 122 27 1)6 24 53 48 85U 24
4
Do pfd . .
R. Isl. com
Do pfd . .
Rubber ... South. Tac So. Ry. com St. Paul . . .
St L&SF2dpf 39 s;
Texas Pac 31
Union Pac I601,
u. o. ieei h 1 72
Do pfd . ..102
Va. Chemlc 31
Wabash .... 14 H
do pia ... zy
WMs. Cen pf 41
Mony closed 3 per cent Total sales 1,405,100.
High Low Close 95 92 92 V3 96 128 126 126 421.4 41 41 107 105 105 135 133 133 79 71 69 69 71 68 68 70 68 6fi 30 29 29 107 105 105 82 80 81 61 63 58 14 14 14 47 44 44 15 14 14 41 39 39 33 32 32 22 21 21 81 80 30 176 173 173V 114 110 110 33 33 33 36 34 34 76 76 76 74 72 72 31 29 29 65 64 64 54 51 51 150 27 26 27 26 26 26 55 55 55 124 118 118 22 21 21 156 154 154 71 68 V, 68 ( 140 138138 42 40 40 69 69 69 77 76 76 66 65 65 122 121 121 82 81 81 41 40 40 28 28 2S 91 91 91 127 126 126 45 44 44 124 118 119 29 27 27 96 95 96 24 221 22 53 51 52 48 46 47i 87 85 85 24 20 20 144 141 141 39 39 39 31 30 31 , 168 164 164 42 40 Va 40 ' 102 101 101 81 30 30 , 14 , 29 29 29 ; 41
PRODUCE MARKETS. Chicago, March 7. A steadier feeling existed in the market for eggs. Dealers are of an opinion that prices have touched the bottom of the decline for the time being:. It is argued that
these constant breaks are retarding
trade to a great extent. Buyers do not care to take any more than they actually need for fear of being caught with high priced goods on their hands and there the majority of the dealers
ravor holding prices where they are
for the present. In butter an easy feeling prevailed. There was a good trade in vegetables and fruits of all
kinds at unchanged prices. Cabbages
moved slowly and prices were some what easier. Quotations on round lots ranged:
Butter Receiots. 4.218 tubs. Extra
creamery, jobbing, 31c; price to retailers, 32c; prints, 33c; lirsts, 2S''29c: seconds, 22$i25c; Juue extras, 30c; dairies, Cooleys, 29c; firsts, 25c; reno
vated, 24tf25c; packing stock, I9(tf 20c.
Eggs Receints. 14.435 cases. Mis
cellaneous lots as received from the country, cases returned. 15c; cases included, 16c; firsts, packed in new white wood cases, grading 70 per cent
rresn. I6c: crime firsts, paeKea in
white wood cases, trradlng 85 per cent.
lc; extra high grade stock, grading
90 per cent fresh, especially packed for
city trade. ISc.
Potatoes Receipts, thirty cars. is-
consm, Minnesota white stocK, cnoice
42W44c: choice to fancy. Michigan, 43
(44c; red. fair to good, 40c; mix
ed, red and white. 39(4ic; common.
small, red and white, 373Sc; sweet
potatoes. Illinois. J2.253.00 per brl;
No. 2, $1. 25ft' 1.75 per brl; new pota
toes. S3.00?S.00 per brl.
eal Quotations for calves in good
order were as follows: 00 to so lbs
6ft7c: SO to 85 lbs. 7ftSe; 85 to 100
lbs, fancy, 9ftl0c; 150 to 175 lbs, good
meaty, 5fti5c.
Live Poultry Turkeys, per lb, 10c;
chickens, fowls, llc; springs, 11 c; roosters, 7c; geese, $5.00 (j 7.00 ; ducks,
12c.
Dressed Beef No. 1 rios, 15c; No.
loins. 17c; No. 1 round, 8c; No.
chuck, 7c; No. 1 plate, 5c.
Fruits Apples, 81.504.00 per brl:
bananas, jumbo, per bunch, $1.40(3)1.50:
straight, $1.101i;1.25; lemons, Cal., $2.7a
(1U.0O; oranges, cal., 51. 1 5 eg; j.io.
Green Vegetames Beets, 50c per
sack: cabbage, id. 00 CTs.7o per bri: car
rots, EiOfsi'TOc per sac.K; celery, si.&0(o)
8.50 per crate; onions, wcai.io per
bu; parsnips, o(j:i9oc per sack; spinach,
Soft 75c per hamper; turnips, 40ft 65c
per sack.
Mch.
It is through the manipulation of these associations that men ride to Ma
The rare first issue of Champiain'
first narrative of his iirst voyage t
America Des Savvages, ov. Voyage
de Samvel Champiain de Brovage. fait en la France novelle l'an mil six cons trois," was sold at auction recently for $2.900. ' "The book was Printed bv order
of Champiain upon his return from his I
first voyage, and was published in 1603 and dedicated to Charles Montmorency. It was picked up In Paris about six months ago for some twenty centimes by a book lover who found it among a lot of cheap books 011 a street book stall.
ti 1 l . J it i a j? . e 1 v
suaaon iorxuno unu ixiereoy provoKe me discussion 01 social proD- Aug.
. x 1 , 1 " 1
lems and tiie promulgation 01 tneones winch are at variance with all Dec,
SOUND THINKING and past experience
THESE EVILS PRIMARILY OWE THEIR EXISTENCE TO THE
CAPRICE OF GOVERNMENT IN DELEGATING SOVEREIGN POWER
TO CREATURES OF ITS OWN CREATION.
987
.1001 , .1015 . .1019 .1040 , .1045
High Low Close 995 985 991-92 1009 997 1003-04 1016 1005 1011-12 1019 1008 1014-15 1040 1026 1032-33 1045 1036 1034-40
C. H. WANZER
STOCK AND EONS BROKER,
Stocks Carried on 3 to 5 Point Margin.
Nominal Rates of Interest.
1 -'.. lurus, iMitririi t. m-e, t.lO:ei ofii,-..
on'.g to 7.00: mixed. $6.S0 to
to 6 85 .u 10 t.uu, rougu, o.v
Cattle closed strong Sheep closed firm
LIVERPOOL MARKETS.
Liverpool, March 7Tt-i,.,.
one-quarter to one-haif V. ' 1 "
three-eighths higher '. Liverpool, March 7 ww. .,.t
one-Quarter higher; corn, one-eKh
Content & Company were principal ellers around the room and at the ame time were the heavtt
.if 1 ? .its ,1 i i ...1,1 ... u"'c'
..vHuuif, n mi u, alter
r, declined and then
opening highMlSH 1. .
11 the Reading crowd said ;i
Ions pointed to renewed nool a."
u tions of stocks and that th
drive in it was made slmolv fnr t
purpose of furthering tha execution lu
l'uj jug oruers.
WEATHER-FORECAST. Illinois Generallv fair tii...
Friday except rain or snow- north tonight; slightly cooler tonight Indiana Light rain or snow tonight Friday fair and slightlv colder "''l
juissouri ana lowa Pair tonight and Friday; cooler tonicrht. UI11nt and
Lower Michigan Light snow tonight with warmer east; Friday partly cloud v with snow flurries west.
isconsin Fair tonlarht and TVMav
except enow- nurries east tonight, cool
er west tonight.
Minnesota Fair tonight and Friday slightly cooler south and west tonight'
Dakotas and Montana Fair tonight and Friday; moderate temperature.
Nebraska and Kansas Fair tonight
unu r nuuy, sngniiy cooler.
HEARD ON THE BOURSE
New lork, March 7. A well known
local house that generally acts for
II. C. Frick and his Interests, has
practically confirmed the report cir
culated today that Mr. Frick had sold
his holding of Heading stock to E. II
Harriman.
Eddy. Brown and Sanderson sold ,500 Great Northern Ore and 1,000 'aul. It. -II. Hissell bought St. Paul, lall Steiglltz sold 1,500 Heading nd
ought 1,000 Smelters. C. D. Dewitt
sold 4.000 Katy common In all, Ilonlg-
man Drothers bought 10.000 Heading In all.
Itjs also reported that Mr. Ilarrl
man of Atchison has absorbed th
.brick holdings of Reading from 124
to 110. The only other large lnde
pendent interest is said to be that o the First National bank parties.
Brokers watching transactions In
Reading call attention to the fact tha
2,000,000 shares of that stock have been
traded In in the last six days between
113 and 116.
Big men aro ready enough to gob
ble up the speculator, but It would seem against their own interests to scare away investors, yet this Is what they have been doing. It seems idle
to predict when the market will turn,
The men who run the game could ad
vance prices ten points with very little
effort, and such a rally may come a
any time.
Arbitrage houses have been buying
Union Pacific, Atchison and othe
stocks. Floor traders all trading for
a rally.
There is a limited amount of buying
going on by bargain hunters, still the
liquidation is much greater.
company.
Reading's January statement was nip roved in a smaller net loss than
previous months, being $63,000 or 5 1-2
per cent, the result, however, of the coal department. In seven rr,h.
----- KSWk7 company reports a losa f ti
in surplus to stock, whl.h .' .
round loss of two per cent on the stock less than the w-vt,i...
uv.ai war.
Currie and Royco boucrht s n. t
Ing from J. Manning, c. G. Gates an
t lower & Company sold Southern Pacific, Marshall Spader sold Metropoll-
u. uuptiant sold Great Nc
fin.
lorth-
A large part of the selling of the eadlng issUeS i8 Sttid to be for a speculative group with which the Gate inntmT, ,ani CharleS M" Behwab affiliated Schwab was quoted as telling his friends that there is no chance of an Increase in the steel dividend next April. London traded both ways, buying about 10.000 shares on balance. Governments were unchanged. Railroad and other bonds lower.
Nothing would do more to revive general speculative interest. No stock is so widely held as steel common. It la owned in huge blocks by Rockefeller, Rogers, Morgan and allied interests. Standard Oil continues heavily committed to the bull side of the general list and there Is reason to believe that Mr. Morgan holds more stocks that he held before the market broke.
Miller says: "The Harriman methods of finance have to be digested first and the public is not willing to do anything toward it. Stocks shouid be sold on any fair rallies.
E. II. Harriman, who is still in Washington for recreation, declined this afternoon to either confirm or deny the report from Philadelphia that he had acquired control of the Reading com
pany, iou may simply say tnai 1 ae
333 Rookery Bldgf., Chicago. TELEPHONE HARRISON. 305.
JOHN DICKINSON & CO.
STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Salle SL, Chicago. New York Office, 42 Baoadway. Members Chicago Board of Trade. New York Consolidated Stock Exchanjo. Direct Private Telephone, Central 5561 Wires East. Automatic 405S. Centra 5551
GRAIN M PROVISION MARKET
"Fanshawe of the Fifth," by Ashton Hilliers. "Being the Memoirs of a Person of Quality." is an old-fashioned novel displaying life on a broad canvas crowded with picturesque details. The hero, a younger son. is forced to resign from his regiment through a youthful escapade, and, thrown on his own resources, starts out on his adventures, which take him to every part of England and give him an opportunity to observe life at close quarters among the middle and lower classes in England at the opening of the nineteenth century.
words, TIES.
Month.
Wheat
May . July ,
Sept . Corn. May . July , Sept .
Oats.
May
July
Sept IHrd. Pork. May
July
Sept
Hlbs. May
July
Sept
Open. High. Low
. 7 G 2 si
..77s84 . .47H . .464 ..46Ti ..42H . .37-314
..32U . .1640 . .1660-30 . .967 . . 9fi3 . .975 . .910 . .917 . .925
IV 7 t is 7S
47 'iU 46 V2 46"8
37S.
7614 77 4 77s 464 46 i 46 42 Va 37
Close 764b 773; 778 47a 46 s 46?; a 42 ?sb
1652 1672 967 S72 9S0-S2 922 932 935
1640 1650 960 962 975 910 917 925
1640 1657-60 960 962 975 912 925a 930a
The new novel by Arthur Hornblow, author of "The Lion and the Mouse," will be published late in March under the title of "The End of the Game." A key to the significance of the title and an Idea of the substance of the story, which is a tale of modern business life, may be found in the quotation on the first page: "As in a game of cards, so in the game of life. We must play -ell Sat Is dealt to us."
The South Has Outgrown
Its Labor Possibilities
By Ex-Governor D. C HEY WARD of South Carolina
JjR problem at the south is to obtain sufficient labor for our
factories and successfully to develop our great NATURAL
RESOURCES, to say nothing of our farming interests and the development and cultivation of our idle lancb. In other
the south has simply outgrown ITS LABOR POSSLBILI-
It has today by its own -wonderful development exhausted its
labor supply, and thus, unless something is done, it ha3 ITSELF
barred tho door of opportunity to those who are ready with their brains
and their capital to help continue our progress.
Our fields wero left more and more each year to be cultivated by
negro labor, which was incapable of adapting itself to manufacturing
pursuits. Xor is this all, for an experience of the past forty years has
demonstrated that negro labor on the farm is XOT AS EFFECTIVE
... . , , . . 4, 1 -i . 1. mucn consideration at the present time
ia ib suuuiu wt; , uitib biiu aciu xitxo lantju iu liiuct gtill they have the desired effect of
stimulating activity in speculation
Cash situation practically unchanged
CHICAGO LETTER.
Chicago, March 7. WHEAT Ruled
stronger throughout the session al
though the range of values was confined to five-eighths of a cent. Ad-
Idltional bad crop news from three dif
ferent states, Indiana, Michigan and
Ohio was the bull factor which induced
considerable buying by shorts and in
fluential local operators. Although these crop reports are not given very
in a field where he had little or no competition and that the south can
not rely upon him SOLELY as an agricultural laborer.
THE INTRODUCTION OF WHITE LABOR IN THE SOUTH WOULD
STIMULATE THE NEGRO TO MAKE EFFORTS IN HIS OWN BEHALF
WHICH HE NEVER MADE BEFORE.
from yesterday; sales to the seaboard about 25.000 bushels. The market closed steady with very little change
In prices from yesterday's final sales
COKrs fctrong early in the day on
ibad weather reports throughout the
GRAIN MARKET.
Chicago, March 7. Car lots today: Wheat 24; corn 306; oats 121; hogs
22,000 head.
Total Clearances. Wheat and flour equal 245,000 bush
els; corn, 545,000 bushels; oats, 13,000
bushels.
Kutlmatrs for Tomorrow.
Wheat 19 cars; corn 319 cars; oats
119 cars; hogs 26,000 head.
for people to buy stocks who can take
care of them. It's no market for peo
ple with email margins.
lor some unknown reason, rumor
had it that Harriman and Morgan were
together trying to patch up their dif
ferences. The bad feeling between
certain big interests has done much
to bring about the present state of
things, which is beginning to alarm
the investors.
that Harrlman's financing of the Alton
road bristled with Innovations which were at variance with certain ethics of
finance.
J. L. D.
Between Trains
Thee ondltlons are Unchanged and
the lower prices go, the nearer the end
we are. We look for a good rally of
some kind, but should then sell stocks
for a turn only.
Another unfortunate thing about the
railroads taking off those "flyers" ia that there will be so many people who will never notice the difference.
MEET SATJUI
The best posted people are very bull
ish on wheat. Damage in. southwest
and in Indiana and Ohio, Russian ship
ments will stop In a couple of weeks.
The weather in France and Germany has been fierce all winter; they look
there for the smallest crop in ten years.
COII
There is an increasing disposition on tho part of tho French people to send their money out of that country In order to escape the new tax provisions, and whatever additional financing Is done by our corporations will in a large part be changed abroad for the time being at least, bo that the gold current should soon eet in this way in lively fashion.
Accessory depresslvea 'were found In
confidential reports that Thomas F.
Ryan would, after all, become a dis
turber In tho insurance world by Insisting upon a majority stockholder's prerogative In the Equitable company. A private' telegram hinted at an ap-
cline to discuss the matter." he replied " i.vu.p. ina in
to an inquiry. Mr. Harriman will re- terstate commerce commission was
turn to New York tomorrow. luuowen uurnuveiy. vuougn no one
was startled by what was told today.
This looks to me like an opportunity Ifc has been known in a general way
Northwest houses buying this morn-
ins
Full consideration is being given to the conflicting effect of conditions In
the labor market, the high prices of equipment, material and the efforts
of legislative bodies to reduce the earn
ing power of railroads. The enormous demands for money and the pressure
of short time notes In competition
with bonds and stocks are being freely discussed among the Influences
creating lack of confidence.
"If the Devil Won't Come to
the Church, Church Must Go To the Devil."
Northwest Receipts Car. Last Today Week Puluth 97 42
Minneapolis 308 342 Chicago 24 16
Last Tear 27 2S2 6
Primary Movement. Receipts bnpmnts
Wheat, today 641.000 "b.ooo
Last week tsa.uuu zio.uuij Last year 4 30.000 14 4.000 Corn, today 644.000 ?.? Last week 648.000 52,0u0 Last year 510,000 435,000 Southwestern Receipt and Shipments Vhent. Receipts Ship. Minneapolis, today .. 376.000 67,000 Last year 274.000, 37,000 St. Louis, today 23.000 47.000 Last year 23.000 24,000 Kansla Cltv. today... 85.000 85.000
Last year ' 30,000 S6.000
LIVE STOCK MARKET.
Union Stock Yards. March 7. Hog receipts. 22.000; market steady, left
over. 3.600.
Light. J6.S0 to 7.00; mixed, $6.30 to 7.0O; heavy $6.75 to 7.00; rough, $6.75
to $6.S5.
Cattle receipts, 5,000; market strong;
to pnaae higher. Sheep receipts, 12,000; market strong.
Hogs. Cattle Omaha 8.000 5,000 Kansas City ..10.000 6.000 St. Louis .... 8.000 1.S0O
Time money today was quiet, both
demand and supply being moderate.
The tone was firm, 5 1-2 and 5 8-4 for
all periods from 60 days to 9 months.
Year money is 5-345J6 and loans up
on all industrials collateral are 6 per
cent, firm.
The pools in Hill stocks and Read
ing have sold out the last of their
stocks, makinsr a loss of $20,000,000.
While I continue to hear of the rath
er blue view expressed by many lead
lng interests, I notice good looking
buying of stocks on the declines and
believe bull side Is the side to play
just now.
Crown Toint. Ind., March 7. The
Presbyterian evangelists who are en
gaged in conducting a series of re
vival meetings here, are adopting some unique methods In their efforts to reach those who have no church
affiliations. When they cannot Induce
the sinner to come to church they propose to meet the devil a little more
than half way and bring the church
service to the 6inner.
Last night at the close of the regular
services at the church in South Court street, the congregation was invited to
accompany the evangelists to the pub
lic square where a number of hymns
were sung, after which the fruit and
confectionery store of E. Dovichl was
invaded and short services held. Dovichi's fruit fctore has become popular as a "hang-out' for a number of boys and young men, and a few of them were there last night. Tonight It is announced that services will be held In Scott P.abbitt's saloon on the east side of the square, and next Sunday afternoon a special service will be held In the circuit court
room, and the soundt of sacred hymns
James J. Hill, president of the Great wll resound through the corridors in Northern railway, when asked for his place of the floods that occasionally opinion of the stock market conditions, pour from the throat of some legal said: "I pay no attention to the mar- luminary. ket. In fact, the opinion of a messen- The attendance at the revival meetger boy would be as valuable as mine, jngs is increasing each night and it ia I regard the stock market merely as a said much enthusiasm Is being aroused, barometer for people who are counseled by their fears." Laderach Brothers in this city, ara ,. planning an improvement in their store Philadelphia General Manager W. in the way of a steel ceiling that will W. Atterbury of the Pennsylvania add considerably to the attractiveness lines, will meet this afternoon the fif- of the place. The walls are to be pateen representatives of the trainmen's pered and the store will be made one
Sheep
12.000
1.000 association who have been appointed of the most attractive ia tiia pity.
ft,
i' t r r i