Hammond Times, Volume 1, Number 125, Hammond, Lake County, 12 March 1907 — Page 4
PAGE FOUR
THE LAKE COUNTY TIMES Tuesday, Alarch 12. 1907.
THE LAKE COUNTY TIMES AN EVENING NEWSPAPER PUBLISHED BY THE LAKE COUNTY PRINTING AND PUBLISHING COMPANY...
Xktred as second-class matter June, 8. 1906, at the postofflce at Hammond. Indiana, under the Act of Congress, March 8, 1879." Offices In Hamr-ond building, Hammond, Ind. Telephone, 111. Chicago Offlre. lloom 1501 Tribune Building. Hugh W. Montgomery, representative. Terms f Sabscrlatlsa. Tsarlr 3.00 Half Yearly $1.50 Start Copies 1 cent
LARGER PAID UP Circulation than any other Newspaper in Northern Ind. Circulation Yesterday
one which certainly reflects small credit upon hl3 Judgment and is a direct insult to those legislators who were perfectly honest and sincere in
their support of it. The republican
platform certainly did not pledge the passage of any such insurance law as that which ho urged, nor did it by word or Implication make him the soio judge of this matter. He has no more right to impugn the motives of those opposing his bill than they have to charge that he is in the employ of the great eastern insurance companies. Fort Wayne News.
Leafless Stick. Now that Dowie is dead, the institution that he bullded up by his genius and his power alone will rapidly dis-
iiufgrau'. imj t-nsna stands to rc-
cive his mantle and In all his church
there is no one who So much as ap
proximates leadership. Vollva is merely the creation of a passing- hour, the
dead limb on which the bees settln
efore flight. They will leave him and
e will be what he was before a
leafless, sapless stick. Fort Wayne News.
A Man of Destiny.
Since entering public life J. Frank
Ilanly has had many harsh Indictments
filed against him but we recall no one
f n. more stinging nature than that
contained in the speech of Senator
Will Wood. The latter charged the governor with acting spitefully and with outraging friendship. The speech
put prominent the ingratitude of the man who would sacrifice friends and everything in his selfish desire to rule. Booth Tarkington has a forceful story
called "Hector." It is the story of a
boy who believes himself a child of
destiny and is Imbued with the Idea
that all persons were, made to serve
ClHCrtATIO-V BOOKS OPE TO THE PUBLIC FOH INSPECTION AT ALL TIMES.
To subscribers. Readers of the Times are requested to favor the management by reporting any irregul&rties in delivering. Communicate
with the circulation department, or
Telephone 111.
SLAMS THE SLAMMER. Hararaonii Mach 12, 1907 Editor Lake County Times.
Dear Sir: Replying to the" communi
cation of LI W. W. in the Lake County
Times, of last evening, "Taking a Slam at the Food," would say in defense of Hammond and some of its restaurants that E. W. W. has not made much of an effort to find a good place in which to
tat probably dropped into the first
cheap Joint he came too and judged all
Hammond eating places- by it.
We will admit there are some fierce
eating places here, but a man with com
mon sense, or one claiming to come
from Chicago, should ie able to dis
tlnguish those places atta glance, with
out going in to try them. We would Inform E. W. W. that he lean get as good a meal In Hammond as he can in Chi
cago or any other place, but not for 25 cents as he claims. All that is necessary is to inquire where Where is a good hotel or restaurant, and' If he has the
price, we are sure he cam get the bes
that the market products. But there
are dyspeptics hobbling up every now
and then who aro continually growling at their stomachs and every person
with whom they come in contact .and
we must nut E. W. W. In this class
For these kind of people we would sug
Best a good, wholesome food that will
agree with their stomachs, and it won
cost them much not even 2a cent
Uneeda Biscuit and a bottle of nlc fresh milk with a nipple attached.
It may be possible that E. W. W. is a
woman from Chicago seeking to adver
tlse herself in order to raise funds to
Kt.irf a. "noonday rest" a la the big
city. EPICURE.
3
1 . V
tocus is rain ana
Reduction la Bessemer Billets only
important change In steel and Iron prices in past week.
Latest Movements in Industrial Centers, by Esclusiv Wire to Lake County Times,
General Electric dividend unchanged.
Sixty-four roads for January show
average net December 3-4 per cent for
even months Including 6.25 per cent.
NEW YORK LETTER. New York. March 12. Traders took a more rational and sane view of the financial situation. Fluctuations in the stock market this morning were not so erratic and prices Inclined to show a firmer tendency. The Harriman shares were about the most active of any of the standard rails. Union Pacific- sold up from 155 3-4 to 157 3-4 and Southern Pacific from S5 to S6. The belief that Mr. Harrlm.in's interview with President Roosevelt will have a beneficial effect upon prices till prevails. The most Important bearish factor hanging over the railroad situation is the drastic legislation in almost every state in the union. With every legislature introducing bills to reduce the passenger fares from three to two
cents, it will undoubtedly cui a uig flguro in the earnings of a great many
railroads. This fact has prevented a
number of speculators ana investors
from entering the market at the present time, believing that they will have
other grains and free selling by outside holders. Later the market turned strong and scored an advance of a full cent a bushel. The buying was of the influential sort and it looked as if the recent bull parties were replacing their long line of oats. Gash sales were enormous, about 300,000 bushels.
rilODKK MARKETS. Chicago. March 12. The butter market continued unsettled. The recent declines induced a better class of buying, but the demand as yet is not of sufficient volume to absorb the surplus now on the market. In eggs a firmer feeling existed. There was an active demand for all kinds and supplies, although liberal, were readily taken off of the market. Southern vegetables were in more liberal supply, the arrivals today being rather heavy, but supplies were well taken at previous prices. Quotations on round lots ranged: Butter Receipts, 3.94 1 tubs. Extra creamery, jobbing, 30c; price to retailers. 31c; prints, 22c; firsts, 27!f2?e;
seconds, 22T(oo; June extras. 2c, dairies. Poolevs. 27i-,e: firsts. 25c; ren
ovated, 24(fr?25c; packing stock, 19Hf'.!
Uc. Etrers Receints. 11.202 cases. Mis-
Gold imports denend on willingness
of Bank of France to permit with
drawals and nothing of the kind Is ln-
Wisconsin Partly cloudy tonight dicated
and Wednesday, with probably rain or "
pnow W.nr.Q.lav in s.turh' mnlpr to-
1
night. - '""uurK says past week's develop-
M inn Aun n ThrtKr V.lt on attt f An ? nh t I mania 1
it . I 'V1UI13 lltt3 I'tTU UII"
ravorame and nn Mnnaiu.,,.
v ii u 1 u v I o
in south; cooler to-
reported yet.
Duns
an opportunity of buying gilt-edged cellaneous lots as received from the , . . ,,.vir.h brlntr a country, cases returned, loc; cases mstoeks at prices vhich will bring a cludedy1(. fl t packed in new white
rn i nun inuoc intiomus "' wood cases, grading i0 per ceni iresn Hn stock, 1 6 i , : nrlme firsts, packed in
t hmir of todiv's session white, wood caces grading S5 per cent ,t hour or today s session, freshf 17c. extra hlRll grade stock erradng appeared which seemed lng y0 per cent fresn, especially pack-
creater return than those prevailing at WOnii rasas', irraiTlntr 70 per cent fresh
. v )..-, Ktook- iriiii- nrlmrt t rsts. tiacKea in
In the las
a little sell!
to take thee dge off the market, and ed for city trade, ISc.
caused a reaction throughout thel 1st;
prices finally closing with very little
change from the opening figures
held as high as 5 1-2 per cent today
HEM YORK STOCK 1IET
him and make It possible to satisfy his
political aspiration. An old aunt be at this time of the year
starves herself that Hector may bo
educated and the sacrifice of all rela
tives and friends is offered as a con
tribution to Hector's opinion of his own
greatness. Booth Tarkington may have
received his Inspiration for "Hector" from the life of J. Frank Hanly In
the story Hector finally gives up the
love of the girl who would be his wifa m! Car
in order to rise; in the case of the gov- Amal. Cop
ernor he willingly sacrifices the sacred
Potatoes Receints. 10o cars. Wis
consin, Minnesota, white stock, choice.
42Jf43c; choice to fancy, aiicnigan, i--
Cniir-- rfi fair to erooa. &vvviv, mixwi
Money conditions in the loan market red and w .
i . i ii I J CU ClUU W U1LV, o l v . w , - x
are not as satisfactory as tney cnoum toftSI( niincls, $2.503.E0 per brl; No. 2
can loans 1 2f.ei 7S npr nri: new Doiuioes, ii
Descpt. Open
Atchison ... 94 14
Do pfd ... 96
Am. Sugar 12
. 40 H 104
Am. Smelt 13014
ness of friendship in order that he may Anaconda .. 68 have his way. Dave Sherrick's faith- Aru, Wool I. 301
B. & O...10688 Biscuit .... 79 T8
fulness counted as nothing when
trouDie overtooK mm. jjan storms was jJrook fp, 60
and was cast aside. James Bingham. I C. F, 6c I... 384
attorney general of the state, with
whom the governor dug ditches and
studied law by the candle light, has
been thrown in the discard because he
had an opinion of his own.
The outbreak of Senator Will Wood
was the climax of the tragedy based
on a long line of friendships that have
been outraged because one man is con
sumed with the idea that he can do no
wrong. Will Wood was a partner in
all that the term Implies. He was that
sort of a friend who would have shared
his last crust with one he claimed as
friend. But the time came when Will
Col. South
Corn Pdts
Do pfd ..
Cotton Oil . Canad Pao Coast Line Cent. Leath
Denver com
Do nfd
Distillers .
Erie com Erie 2nd
111. Cent
Interboro
.
31 to 21 83 V. 30 110 32i 82 73 73
30i 50
146
26
K. C. S. com 2o
Do pfd ... 54 D. & Nash 121 Mex. Cent 21 North Pac 138
Gt. Nor Ore 69 Va
'2
Wood, with due respect to his manhood, I Great Nor ..151 4
could serve no longer and then he was & Tcm 40
. -o . I uu uiu ... 057
IIU IVJJlfK !1 CI ii .1. II 1. i L 111 U O L .1 CI, I U i
rlble thing to be possessed with a personal self-esteem and prompted by per
sonal ambition that knows no senti-
Mis. Pao ... 73 Nat. Lead . . 67 U N. T. Cent 120 K
Nor. & W... 80
ment, no cnarity ana nas no acquaint- 1 pacific Mail 27
anco with the milk of human kindness. Peoples Gas 91 T Pranlr TTonlir haj roar-lio fhat Ktjo-n PennSJ'l. ...125
. i i'reisa pica to
of his career where men have ceased I Heading ...124U
to serve him: thev no lonsrer believe R. I. & S.... 27
him to be a privileged child of destiny I Do ptd ... yov?
1 !. I J T t 1 1 -
WITH THE EDITORS. refinedTruelty.
The Literary Digest, with its char acterlstio fairness in the way of pre
senting every side of every publl
Question, produces a large number o
utterances of socialistic speakers and papers regarding the Moyer-Haywood case. While some of these aro argumentative and dignified, there are others that are hardly calculated to inspire the pnblic with any other feeling than that of angry disgust. Take for example the following extract from an address at Pittsburg, Kas., by one C. E. Rolfe: "The time has come for rebellion. The courts have refused us a fair hearing; the right of petition has been refused us, and we must now prepare to use the last recourse force of arms. The Dred-Scott decision was followed by the civil war. The Moyer-IIaywood-Pettibone decision will be followed by a rebellion of the working class. Arm yourselves, keep a steady nerve, and get something to kill squirrels with, for the woods aro full of squirrels and there is going to be a killing." That's healthful sort of a preachment now, isn't It? Calculated to win hosts of warm friends for the accused men, don't you think? The truth of the matter Is that the vicious and malign talk of the champions of Moyer and Haywood la doing more to prejudice the public mind against them than anything else could possibly do, find in quoting at length
the Impassioned outbursts of these
advocates of a "killing," the Literary Digest Is positively cruel to those men behind the bars of that Idaho jail. Fort Wayno News.
Tribute to Our Roads. An indirect tribute to the roads of Indiana has been paid by the agricultural department which we were hardly prepared for. It is to the effect that the farmer can haul his wheat to market at a less cost in Indiana than in many other states. It costs hlra on an average, six ccnta per 100 pounds, which is equalled only in Ohio, Michigan, Kansas and Maryland, while in other states or territories the cost runs up till it reaches 32 cents in New Mex
ico. Illinois, however, makes a better
showing with corn, which costs It only five cents per hundred to get to mar
ket. Instead of six, as in Indiana, This would seem to indicate that many of
the Indiana counties have good turn
pikes, and that the state has better
railroad facilities or available at more
points, than other states. It would al
so show that the Indiana farmer has some advantages over those in other
states to Induce him to remain on the old farm instead of moving to the
northwest. Terre Haute Tribune.
Do pfd ...
Rubber .... South Tac ..
So. Ry. com
52 U
45i 86 23 ai
St. Paul 144 la St L&SF2dpf 38-, Texas Pac . 30 Tol. Ry. & L 26U Union Pac .lSSU U. S. Steel .. 39 3
Do pfd ...101
Wabash .... 14
Do pfd ... 25
Wis. Cen pf 42
Wes Union S2
High
95 96 1254 40 106 ISti 69 34 70 31 106 80 61 45 39 31 21 80 30 177 110 32 32 78 76 30 CO 146 27 25 54 121 22 139
OS ?4 153 40 68 73 67 121 80 40 29 91 126 43 126 27 90 23 52 49 87 23 145 38 30 26 157 40 101 14 28 42 82
Low 93 96 124 Va 40 104 135 69 63 80 106 79 60 44 88 81 21 S3 80 1 7 5 109 32 S2 72 73 30 49 146 26 25 53 121 20 137 68 151 40 68 72 67 120 80 . 40 27 91 125 43 123 26 90 22
and Wednesday
nignt. Minnesota Probably snow tonight and Wednesday; colder east tonight.
Iowa Rain or snow tonight and Wednesday; cooler extreme east to
night. North Dakota Probablv snow to night and Wednesday; oartlv cloudy
South Dakota Snow tonight and
ednesday.
Montana Generally fair tonight and
w eunesuay except snow south tonight
wind tnnlcrht nr,.l Come
i.n'i 1 tuuvuaj, j'ni l 1
L-iouuy weatner.
Review says dfnrossinn in
stock market did not exten.i wnn.i
Wall street and general business con
tinues vigorous.
Thirty-seven roads for fourth
in Februrary show averaere srrr,a i-
HEARD ON THE BOURSE
order to raise the money to meet a large payment coming due on Us pur - J ear. This official stated that th t Jon Pacific had more funds' tnn" than were necessary to meet iu
gation
9 Describing
the
llnnla 3.00 !7i 8.00 ner brl.
Veal Quotations lor calves in gooa
order were as follows: &o to &o ids
66c; SO to 85 lbs, 7p8c; So to 100 lbs, farcy, glOc; 150 to 175 lbs,
good meaty, oatbc. Drpsspd Beef No. 1 ribs, 15c; No. 1
nu.Jlnirs. !7iir: No. 1 round. Sc; No. 1
on: 7c:No. 1 Dlate. 5C.
1 -r , , 1 "n,,W.ra -rAr 1V 10
125 Chickens, IOWIS, lac; ppringa, ii'.ci iij I . ' . c nnai iw. ,i,iim
rOOSiers, il, gesao, u.vv w i.wv, uui-aa, 12c. Fruits Apples, $1.50 04.00 per brl; bananas, jumbo, per bunch $1.401.50;
straight, $l.l0(ttl.2b; lemons, uoi., .iu (V3.50; oranges, CaL, $2.003.00 Green Vegetables Beets, 4050o per sack; cabbage, $1.25 per brl; carrots, 50070c per sack; celery, ?2.00(??4.50 per crate; onions, 75c$1.2o per bu: parsnips, 753,9oe per sack; spinach, 75c per hamper; turnips, 40 75c per sack.
4 8
86 23 143 38 30 26 155 39 101 14 27 42 81
40
105 135 69 69 31 106 80 60
39
.11 fg
21 85
176
109 32 n i ,
73 75
49 . . i. T '
no ;a 26
25
53
121
22 13& 68 152 40 6883 72 67
80.
40 27 91
125 43 124 27 90 23 52 49 86 23 144 38 30 26 156 40 101 14 27 42 81
C. H. WANZER
STOCK AFI9 BOB ER2KER.
Stocks Carried on 3 to 5 Point Marj?a, Nomina! Rates of interest.
lating and the list at times looks like
ureip w a u- Liuiioni, tiut tnere ia of
course, as we said yesterday, if h
It is now nearly sure that the en- wave of liquidation has not run its
tire world lacks adequate circulating course, and new territory is again enmedium as a result of enormous busi- tered downward by all leaders aggrres-
iR" ncuwij. ine uemana tor money siveiy men wo Brian nave to expect
for crop moving purposes from Chica- lower prices and reduced support levels go was a development of last week's In spite of the large Investment d-
business and increased planting activ- mand we know is going on at present.
lty in southern states will shortly be
gin. Among the morning news items London 2. p. m. The security mar-
the statement that the interstate com- kets generally are over-cast and gilt
merce commission would investigate edged Investments are a result of the
the Hill roads may be of market in- depression in Americans and uncertain
fiuence. The price movement in many outlook. The opening in that group directions showed some improvement was very disordered, but prices now
in the market's tone, but which was, show, a tendency to harden. There is
however, irregular and while it is pos- very serious discussion over the prob
slble that operators working for a able out come of the forthcoming set
further decline may be more cautious In tlement. R. O. Tintoa aro lower at
their committments it is equally sure I 102. South Africans show a fairly
that confidence has not been more than I steady tone.
partially restored and this only be
cause a further decline would be II- j Russian and Japs bonds are unalter
logical until some kind of a reaction I ed with the exception of the premium
has taken place. I on the new Jap loan. There 1 a bigr
demand for the new five per cent. Jap
The business situation does not indl- 1 anese conversion loan and all of the
cate that we are in for a period of de- I issuing banks report large Inquires,
pression and hard times. A permanent- The new Issue already commands 1-8
ly falling stock market would no doubt premium
injure outside business generally, but
we do not think that the present spec- London The Bank of England today ulatlve panic will have much effect on purchased In the open market 30,000
the nation's general prosperity. The pounds in gold bara and there was
entire list has now had a decline rang- withdrawn from the Institution 50,
lng from 10 to 100 points, the prices I 000 pounds for shipment to Brazil
of many stocks being cut in half:
though It is possible they may Boston The shareholders of the temporarily go yet lower, there Is no I Centennial Mining company are In re-
reason to doubt that the time has ar-icelpt of a notice saying1 that the Cal
rived to buy and hold. RIDGLEY. umet & Hecla Mining company has
become the largest stockholder of rec-
That the enormous liquidation In the ord In that company, and they will sue
stock market has taken place without ceed to the management of this com
Important influence in other directions pany.
or without serious business troubles, is
a matter at once of satisfactory com- 1 By speculative Interests the extreme ment and promise of better conditions weakness in Missouri Pacific Is ex-
UtlHHon 1,111
. ... L. IT, IXTr,: eider a law so far in its effect as tL public utilities bill now before the lee islature at Albany." Most reviews call attention to the general prosperity of the country as having not yet been influenced by stock market liquidation and it is noted that the conservative policy of railroads in the matter of betterments and equipments has not yet been felt in the iron and steel trades. The monetary situation is recognized fully as being complicated and the recent refunding negotiation of the Japanese government of 3 per cent- with the continued inability of the Bank of Rngland to reduce its minimum rate of discount under that figure, points to a condition unchanged for the better in this respect even in the remote future.
The news columns this morning contain nothing which 1ms not been under discussion during the recent past, though a more comprehensive review of the causes which have led to enor
mous stock market liquidation is tak
ing place. The situation is now described as a conflict direct between the neo-
Plo and the corporations and Is taking
the form of a popular wave of 'anttcorporation" feeling in many Ptatea
wh railroads singled out by the leg
islature and many attempts to reduce Passnger and freight rates, the twocent a mile bill being the most popular.
333 Rookery Bldg., Chicago.
i JOHH DICKINSON & GO.
to follow.
The best posted people are very
bullish on wheat. Damage in south
west and In Indiana and Ohio. Rus-
plained only on the belief that at least I a smaller rate of dividend will be paid next summer. It is believed ah?o, by western railroad officials that If next
June there Is any question as to the
No matter what the papers say the market is oversold and the Standard Oil outfit is committed to the long side and when you buy stocks you are betting they will Win out.
London was an important factor on the bull Bide, taking about 20,000 shares of balance. Support in steel common caused an advance of 1 to 39 and this was the keystone for the traders around the room. John Wallace, who often represents Important Interests, has been the chief buyer of steel common from the opening and at 11 o'clock was still in the crowd and continued the most prominent buyer.
Soma of the largest buyers of Reading told their friends that the buying limits would be advanced to higher levels during the week. Worden & Co., fairly large sellers around the room; Foster & Lounsbery sold 10,000 steel preferred, causing a reaction In that stock from 101 to 100. Governments unchanged, other bonds Irregular.
sian shipments will stop In a coupla rate of dividend to be declared the
of weeks. The weather In Franca and I directors will be governed to a conaldGermany has been fierce all winter; erable extent by the probably eftect
they look there for the smallest crop upon the company's credit o making
in ten years. Northwest houses buy
ing this morning.
any alteration
net profits.
In the distribution of
Even Stevens bought 1,000 Northern Pacific. G. C. Hollister bought 1,00.0. J. M. Lepold bought Northern Pacific W. T. Hyde sold 1,000. H. K. Burras sold Northern Pacific J. 8. Bache, Halsted & Hagemeyer and Hebick & Bern sold Great Northern preferred. LiTlngston sold the same stock. Currle Boyce and J. J. Manning bought Reading and London sold 7,000 Reading.
Wasserman Bros, sold 5,000 Anaconda.
O. J. Brand sold 8,000 steel common.
H FOUGHT A BIG STRIKE
STOCKS, BONDS, GRAIN,
PROVISIONS. 171 La Sails St, Chicago. New York Office, 42 Baoadway. Members Chicago Board fit Trade. New York CoasoUdaUd fctook Kiohaiura. Direct Private Telephone, Central 5SS1
Wires Bast. Automatic 4053. Central B3Si
Exchange i3 well down below the gold Importing point and can be
brought over by bankers at a profit ac
cording to today's figures, latter, how
ever, are afraid to make engagements
for fear the Bank of England will ad
vance ita discount rate. South America
London 2. p. m. Money 5 5 per1
cent. Discount short bill. 4 15-1895 owner ortne uetliesaa blare (juarrlej
per cent. Three months, 4 4 15-16
per cent.
Is Dead Struggle Cost the District
$2,000,000 in Wages Alone. London, March 12. Lord Penrbyn,
whose dispute with his rmptoyes all
amounts of gold.
NEW YORK COTTON MARKET.
Month. Mch. ,
May ,
July , Aug. .
Oct. .
Dec. .
Onen . 967 . 9S1 . 9S7 . 991 .1013 .1023
High Low Close 907 958 967-69 9S4 973 9S2-83 993 991 991-92 991 986 995-97 1021 1014 1020-21 1029 1022 102S-29
GRAIN MARKET.
Chicago, March 12. Car lots today: Wheat. 15 cars; corn, 390 cars; oats,
177 cars; hogs, 21,000 head.
Estimates for Tomorrow. Wheat 9 cars; corn 240 cars; oats 144
cars; nogs ou.wuu neau.
His Motive Irnpunged.
Governor Ilanly has been in many regards a Very excellent official, but
even hla warmest friends must admit that he has failed to accomplish much good that he might have been able to . effect had ha manifested a more tolerant and less suspicious attitude toward others. Governor Hanlj' incorporates neither all the wisdom nor all the virtuo In tho state and the fact
that other men sometimes disagree with him does not necessarily brand
them as scoundrels and public ene
Biie.v Ilia message accompanyKsr the
CP,'!!! 111 PROVISION MARKET
Experience.
A certain member of tho Pittsburg
stock exchange has set his nephew up
In business three times, but the young
man lacks something essential to sue
cess in the line selected for him, and
has failed with each effort.
When he recently appeared before July
the uncle with his fourth reauest. the ept
Ribs.
inner sum.
Month. Wheat. May . July . Sept . Coru. May . July . Sept . Oats. May . July . Sept . I.nrd. May . July . Pork.
May
Open. 77H 78iiH -sv2
46i 467s 417-s 5s .371.; tB .32? .1610 .1637
"You must learn to lean on yourself.
I can't carry you all my life. I'll tell you what 111 do. You owe me a great
deal as a result of your last failure.
Pitch in on your own hook and go it
alona till you pay off all those debts.
When you've done that, I'll give you a check for what they amount to. Such an experience will do you mora good
than all the money I could give you
now." Two months later the nephew walk
ed in with every claim receipted in full, and the uncle was so delighted
that the gave the promised check. "How did you manage it, Howard?" he asked, after an expression of congratulation. I borrowed the money," replied Howard. Harper's Weekly.
May July Sept.
..930 ..937-35 . .950-47 ..900-S97 ..900 . .905
High. Low Close S 76rs 78ia 79 777s 79J,2b 79 si 7SU 79 ?s 47Js 46a;Ts 47Ua 46"s 461U 46Ha 47' 46?i 46?4 7db 417s-42 40?i 41a 371-3 36a;s 37a8i S3s "2Vs SSVsa 1615-17 1590 1610 1637.. 1615 1625 932 912 925a 937 915 930 950 930 940a 900 S90 900a 905-07 895 905-07 912 S05 910
Total Clearances. "Wheat and Hour equal 90,000 bush
els; corn, 43,000 bushels; oats, 305 bushels.
Northwest Receipts Car. Last Last Today Week 'Vear Duluth 253 355 73
Minneapolis .....263 236 1S6
Chicago 10 o
Southhampton The steamship Wal-
mer castle wnicn lert cape xown, 1
is drawing on London now for large Africa, Feb. 20, having aboard 376,000 the Betheeda slate quarries brought!
gold, arrived here today. bjm jnto n firreat deal of prominence.
is dead. The ouarryinen struck and
Lord Penrhyn refused to parley with
theiu in any shape or form, shut dowu
the Quarries and refused to reopen
them except on his own terms.
The men yielded after three years
WTolf Bro3. struggle, which cwt the Bethesda dls
trict nearly $2,000,000 in wages, and
which, it is altered, did not do any-
rytnen, "who as a result of tae dispute
I J ( .... . 1 A II .l.n n r VkllclriAOQ In tViA
J. J. Manning I
L Hudson sold way Of Bentting Biaies. to r.nSiuu.
Lord Penrhyn was born in lbJtf and
succeeded to his title in 18S0.
The market Irregular and nervous, Cutting & Co., 25,000 in all. IL Con-
but in a great many directions prices tent 10,000 bought Pennsylvania. A,
are being sustained in a very satis-1 M. Hess 10,000 and W. L. Stow 30,000,
factory way and liquidation has been I sold.
more final in other directions without
positive disaster, so we must conclude I Proost Bros. 1,000. J. J. Manning 1,000
the market will show greater resistance bought Northern Pacific.
in the near future. sold.
Primary Movement. Receipts
Wheat, today 567.000
Last week 609, ooo Last year 301,000 Corn, today 975,000
Last week i,U39,uuu
iLast year 339, oou
bfipmnts 173,000 336,000
187,000 464,000 523,000 479,000
CHICAGO LETTER.
seta pt 4hei rarbec insure bill is-Jrlhuxa,
Chicago, March 12. WHEAT A broad, active market throughout the session. Short sellers took advantage of the bearish figures issued by the government yesterday afternoon to sell quite a lot of wheat this morning. Early prices showed a decline of of a cent below the close last evening. On the break, however, influential support was discernible. The shorts seemed to have oversold themselves and on the appearance of crop damage stories from different sections than those reported yesterday, prices started skyward. The final close to
night shows a gain of a cent and a half over the low prices obtaining at the market. The shorts were stampeded
in the last half of the session, closing
The confession of the Indiana editor the market strong ai aouuc
that he was tempted by the promise of prices of the day.
fell, without getting the office, has different tone to the entire
been published all over the country, news was ratner vT There is not so much surprise that an tions of cash corn bought for export oy
Indiana editor was tempted by a post- eastern exporters a,uu ".. .
nfflpA n that hi,4 miMi Rr mand for cash corn actea as ucwi-
ft..mr,io i-nAioi v o a I m on t to the bullish enthusiasm.
TToosler editor rn fail He murht to The market Closed Sieauy vw vCJr
be ashamed of himself Terra Ka,ut little change from yesterday. -
Ought To Be Ashamed.
LIVE STOCK MARKET.
Union Stock Yards, March 12. Hog
receints. 21.000: market slow at yes-
torriav's closinar nrices: left over, 3,900
Light, ijo.su to i.uu; mixeu, o.ci iu 7.00; heavy, ?6.70 to 7.00; rough, $6.70
to 6.S0.
Cattle receipts. 4.000; marKet steady
Sheep receipts, 17,000; market strong.
Union Stock Yards, March 12. Hogs
closed active and steady.
Light, $6.S0 to 7.00; mixed, $6.75 to 7.00; heavy, $5.65 to 7.00; rough, $6.65
tr 6.75.
Cattle closed weak: sheep closed
strong.
Omaha Kansas City St. Louis ..
Hogs . 9,000 .16.000 . 3,500
Cattle 5.500 17,000 2,220
Sheep
12.000 6.000 2,000
Butte. Mont. A five year agreement nouey earnara i.uoo. j. j,
has been signed by the miners and the nlnS 5,000 bought Union Pacific,
managers of tho larger copper mines by which an amicable wage scale has
been adopted. The demand for an in
crease has been granted contingent on
the price of copper. Development
work and construction will be resumed
E. F. Hutton 4,000.
10,000 bought steel. C. 5,000.
Hall & WThicher bought 2,000 Union
. , . ai a a. 1 I T a iM r
as soon as tne acuuii ut me miners 1
union committee, which Bigned the
agreement is inaorseu, wuitu prooaoiy
YANXO-FBENCH DUEL
will be next Tuesday night.
Dick Bros. The liquidation continues
and keeps the market demoralized.
Until it slack there will be no im
provement. The speculator, however, will do well to keep in mind the fact that the whole market is becoming
greatly over sold and that the short
side Is consequently becoming clanger
ous.
Mestre & Co. The Interstate com
merce commission is still to be heard from on the Harriman investigation and it is now known that one of its
recomm
the Union Pacific to relinquish control
of the Southern Pacific company,
The Interstate commerce commission Arranged for at Panama One ol
will present its evidence to the depart- 1 TTricle Sam 'a Legation Secretaries
ment or justice ana tne attorney gener- 0mn.ira AVit 1
al nf tVia TTnlto Rtotoa will Vi a tha rmA I
to bring the proceedings. It Is un- Panama, aiarcn 1. xnere naj
derstood that the commission will urge! arisen between William F. Sands, 6eM
the instituting of an action of the ret&ry of the United States legation
nature mentioned. mil r nnqnthnl .a ommineni
Pn.nnh T-oa i rl on nf 'Panama. wbf is fT4
I A' ICU... . .. - 1
night in Washington by a member of EaS 7 ' V ' 1" w the interstate commerce commision Alfflculty Which ia threatening to lead
that that body was going to bring to a dUftl.
suit to comcel the Union Pacific road Th trouble arose from some expTes
to divest itself of control of the South- glons tised by Rosenthal which Sands
ern Pacific seems to have been taken considered derogatory to Secretary
endations will be for compelling rlously In f-tatn Wall street qua Th9 encounter ha. been aK
cia u.iiu uuneirueu tto uicoums I ranged I Or.
government would mass no buciuv
to divorce the two properties
Bartlett, Frazier & Carrington There ia always a semi-historical condition in evidence when such a market as the present obtains, but important interests that are lookers on or purchasers of stocks take a quietly optimistic view of the situation.
LIVERPOOL MARKETS.
Liverpool, March 12. WTheat opened three-eighths lower; corn, one-eighth lower. Liverpool, March 12. Wheat closed one-quarter to three-eighths lower; corn, one-eighth higher. WEATHER FORECAST.
Chicago and Vicinity Threatening tonight and probably showers or snow flurries again by Wednesday night; cooler, temperature tonight near the freezing point; fresh northwest winds. Illinois, Indiana and Missouri Probably showers tonight and Wednesday, cooler tonight. Lower Michigan Showers turning to snow flurries and cooler tonight; Wednesday partly cloudy and cooler. Upper Michigan Generally . fair tonight and Wednesday except snow snow flurries near Lake Superior t-
Marshall Spader There is nothing unfavorable concerning economic condiditions reflected in foreign advices from any country.
A. O. Brown & Co. There are still opposing influences and conditions In the market, and opinions are not very positive as to the course of prices in the immediate future.
National bankers are moderate buy
ers of paper this morning. At the same time that report a good general
demand for money and the rates strong at 5 to 6 points with 6 points the main rate. There are no few features in the situation. Stock brokers have been moderate borrowers, but the grain men and packers are not taking more
than their usual amounts.
Lake Shore grants advance to en gineers of 10 to 18 per cent, prevent tug strike.
Shearson-IIammill 2,000.
Flower
Baruch
Strenuous People Hereabouts. Huntington, W. Va., March 12, -Ia
& fight over the affections of Miss Arva
company l.oou Dougni coPpi. Worn AlnnrA Ttnsaof Winifred
Bros, sold 1.000. Currle and Bovcel ...j, J
5,000 Lazelle and Matthews 10,000 .old 7- pernaps muu
rai,.oi tienson lcciy. iue us"i Uil 1U
. tne presence or iDejnn, wno was iuuuu
Phiibrick & Hall 2,000 and Moore & the presence of the giTl,who was found
Schly sold 1,000 Union Pacific. Craw- jn a faint by her parents in the parloi.
ford. Dyer & Cannon sold 10,000 steel. cf tne Warren home. Nicely 8 mothel
rushed to the aid of her eon with 1
With a number of preferred railroad reTolver, but was orerpoweTed.
stocks selling on a 6 to 7 per cent payer steel preferred at 7 per cent, payer over ever since the corporation was organized at par, and stocks like Penn
sylvania, Brt. and the Harriman issues
returning on present prices approxl
mately 6 per cent all around. With the
possibility of multiplying similar instances throughout the market, the common level of the gilt edged issues Is bo low that an immense outpouring of investment funds into stock market channels is to be expected. We are very bullish on Reading, St. Paul, the Harriman stocks and Pennsylvania.
We are informed that a high official of a railway company has stated to an important market Interest that the company has not been making any further sales of Great Northern or Northern Pacifio etock, as rumored, in
Woman Crushed IUm Fatally. . Vandergrift, Pa., March 12. -Abnel McGary, a wealthy merchant, the recouncil, is dying at his home as a result of accident at the Apollo rollei skating rink. McGary tripped and fell, and a woman weighing more than 201 pounds fell on him. His pelvic bone, was crushed and he sustained other ia ternal injuries. Twenty-Two Men Drowned. Reddinj, Cal., March 12.-rwent, four Grefk laborers started to cros the Sacramento river in a boat at Titt The boat capsized and twenty-two o the men were drowned. Four bodied hare been recovered. The men wer employed by the New Delmar-Pitt rail
A.