Hammond Times, Volume 1, Number 231, Hammond, Lake County, 19 March 1907 — Page 4
PAGE FOUR
THE LAKE COUNTY TIMES Tuesday, Mardi 19, 1907.
THE LAKE COUNTY TIMES AJC EVENING NEWSPAPER PUBLISHHD BT THE LAKE COUNTY PRINTXSfa ANT PUBLISHING COMPANY...
Btr4 as second-class matter June, i i2 at t)i nnitnffir at Hammond.
ladUna, under tho Act of Congress, of thelr wavs 13 .to make them finan
In Scotland the railroads could not afford to run tho risk. It would cost them too much money. Oftentimes 15 minutes or a half hour's delay means the loss of hundreds of dollars to the business man and yet ho La3 no recourse and the only way the railroads may be made to see the error
Marcb . 1171.
0los In Hamjond building, Ham-
flan4. Ird. Tele?hone, 111. C&leasro Office. nm ISSt Tribune Building. Hush W. Montgomery, representative. Terms of Subscription. raarly S3.C0 Hxit rrir u.60 Elacl Capias 1 cent
daily responsible for unreasonable delays.
WITH THE EDITORS. Hughes and Hanly. One of the leading periodicals of tho
country devotes a good deal of space in
its current issue to an exhaustive and
appreciative study of Governor Hughes,
tne jNew lork reformer and statesman. Tho secrets are very Interesting
ly set forth. Perharjs the mnst vin-
heavy expenditure for the most efficient appliances which are expensive), and everything- which reduces tho ability of the railroads to procure these is a menace to the safety of passenger travel. Railway Age.
!IRGER PAIO UP
Circulation than any other Newspaper in Northern Ind. Circulation Yesterday
SENATE GAVEL HANDLELESS. It i3 an odd fact that the gavel used by the presiding officer of the senate has no handle, like that U3ed by the speaker of the house. It is an ivory contrivance, modestly ornamented, of cylindrical shape, and about four inches long. In wielding it the vice president has to hold the gavel in his
hand a3 if it were a small hammer without a handle. How the custom originated of providing tho vice president with a handleless gavel is not
known, though the oldest senate attache cannot remember when it was
able and certainly the most tlmcly L.. M k h mm
i portion of the article is the de3crir- x . . ... uedtrip- Km,ffhAv that oppud s its ancient
Stocks Grain and Provisions
almost always followed bv .,k stantiai reaction by a 8ub"
with the New
tion of his relations
York legislature.
Governor Hughes holds to the doc
trine that' the executive and the leg
islative departments of the govern
ment are distinct in theory and should be distinct in practice. He is often approached by members of the legis
lature who wish to framo up bills so as to meet his views; but if they think
to gain his favor in this manner, they
epeeciny nnd out their mistake. Upon
one such occasion Governor Hughes expressed himself to members of the
legislature in this wise:
"I am not hero to tell you how to
draw your bills. I am not here to dictate the form or fashion of bills
that are to be passed by the legis
lature. I have nothlnsr to sav nhnut
that. When your bills have been
passed and come to me in the regular
way I will consider them, and not be
fore. Go ahead and draw your own bills. If they do not fit in with my
ideas of what they should be you will
CTaCXflLAnO-V BOOKS OPEN TO TUB get that information after the bills
niche at the right of tho vice president's raised desk was not dutifully filled every morning, althought no statesman now patronizes that once popular box for a gentle sneeze. Washington Herald.
Li
etween Trains
Timely Advice.
PUBLIC FOB. INSPECTION AT ALL TIMES.
have been passed, not before."
The author of the article goes on
to explain what Governor Hughes means by this sort of talk. He believes that tho legislature is a co
ordinate part of the state government,
To subscribers. Headers of tlie
TiSlti RrS requested to favor the responsible to its constituents, and not Eumagemeut by reporting any irregu- to him, just as he is responsible to
lartaes in celiverine. Communicate 1110 eiectea mm
.with the circulation department, or Telephone 111.
Now this is all I have to say
Keep 'em on.
To early spring fall not a prey.
Keep 'em on.
Think not because mild breezes blow That we are done with sleet and snow,
Keep 'em on.
It's quite a jump to June you know. Let others foolish be, but you
Keep 'em on.
No matter what your neighbors do,
Keep 'em on.
I need not come right out, I ween, For surely you are not that green. I take it you know what I mean.
So keep 'em on. ; Washington Herald.
Latest Movements in Indsrial Centers, by Esclnsiva Wire to Lake County Times.
HEARD ON THE BOURSE
A leadintr intt
was quoted as saying that thl . ,
- nuove ail crM
on the two u,"n
amount during th,
NEW YORK LETTER. New York, March 19. Union Pacific
still occupies tho center stage in the stock market. Speculation in this Issue was on an enormous scale and the
fluctuations were wide and erratic in the extreme. The range of quotations were from 137 down to 131 in the first hour of the session; then back to 135; then to 133, finally closing at 134 ViThat there is some internal disorder in the stock market which has not yet come to light is undisputed but the exact nature of the eruption is just as much of a mystery today as it was last week during tho big slump in prices. Newspaper writers and financial reporters in general have advanced various theories but as yet nothing authentic; can be stated. It re
mains, however, from the action of the market for the past ten days that the same fight is still on between two influential factions which have been opposed each other for years. The market upon the whole followed tho tone of the leaders in the market. Copper, St. Paul, Southern Pacific, Smelters, Sugar, Baltimore & Ohio, Reading and Colorado fuel all had spasms of extreme weakness with quick recoveries when Union Pacific showed strength. Call loans ruled steady, ranging from 5 per cent early in the session to Z1, at the close. The market closed feverish throughout the list with fair gains from the low prices established early but lower
than the opening figures.
It is believed in the street that fur
ther liquidation will start should the market continue its present erratic tendency for any length of time.
of offerings by bears an dthe steady buying by the same bull houses that have been manipulating the corn market of late. Cash situation unchanged from yesterday although prices in the sample market were held at a shade higher than those prevailing yesterday. The market closed strong with the advance well maintained. OATS: Followed tho trend of the corn market closely. Prices responded easily to the excellent class of buying which was in evidence in this pit. Sales to exporters 150,000 bu. Oats in the sample market one quarter of a cent higher. The market closed strong.
He is
studiously careful, also, to avoid even
APROPOS, of nothing particular we
trust that Thej Lakh County Time3 has never had occasion to resort to vulgarity or bad English in expressing its contempt.
Pertinent Suggestion.
"I've got a large stock on hand." said
the appearance of being the boss of the merchant. "I wish I knew how to
the legislature. He prefers to be the get rid of it."
governor of the whole state and of all "Well, don't advertise," replied his
the people, rather than become identi- friend the sheriff, and "I'll do the
fled with one faction in the legislature rest,
as a part of that faction. Ho thinks
WE DON'T think that if tho Hon. Ed
ho is in a stronger position to be in
dependent in this way than to tie him
self up so that bills before the legislature can be known as admlnlstra-
Thrilling Performance.
Next Saturday 13 the date fixed by an Italian astronomer for the earth's destruction by coming in contact with
the tail of a tremendous comet which
is now frisking somewhere or other through space. Nobody in this vicinity i3 losing sleep over the prospect. It is just possible that the frantic capers of J. Frank Hanly have so occupied the people's attention that they have not given as much thought to their possible impending doom as they other
wise would have done. Next to being knocked into kingdom come by the
swift swipe of a comet's appendage the Independent cannot conceive of any
thing quite as thrilling and interesting
as the performances of J. Frank Hanly.
Indianapolis Independent.
Poor Man's Misfortune. Miss Elizabeth Magie, the pretty and
talented Chicago girl who recently
Jumped into distinction by offering her
self for sale, said the other day in an address before a girl's club:
"I advise all of you to be new wom
en. 1 urge you to pay no heed to the
gibes about new women that are con-
men.
men that gibes
at the new woman. You know that story of the man in the county jail?
What brought you here, my poor
fellow?' a missionary asked.
" T married a new woman, sir, ' the
prisoner groaned.
'Aha,' said the missionary. 'And
she was so domineering and extrava
gant that it drove you to desperate
courses, eh?'
"No," said the prisoner. 'The old one
turned up.' "
Kimon were consulted he would consent ' governor a meas-
to have himself so fulsomely beslob- ure3' and B that member3 may S
bered by a fool friend. Everybody aDOUl e capitoi posing as the gov-
hereabouts is willing to concede that ernor s representatives.
the Hon. Ed Simons is a good legislator Those who have been endeavoring to
and an honest man. We do not think establish a parallel between Governor
.that for the purpose of establishing Hushes and Governor Hanly may find tinually belng- uttered by him as such in the estimation of his od fr thought in this fundamental It l3nt a fine typQ of n
neighbors and constituents it should ulucreuuo ueiweeu me meinoas oi me
be necessary to protest so much. two men. How minutely Governor
Hanly sought to mold the purposes and
THE fact that Hammond, Whiting form of many bills at the recent ses-
and East Chicago are nearer the labor sion, almost to the point of dictating market than Gary, will always be a their very language, is very well
big point in favor of those cities which known and his course in this respect the subsidiary concetns begin to locate accounts for much of the disfavor into In this region. which his pet measures fell at the A man who has investigated tho legislature's hands. Indianapolis Star.
matter carefully made the statement the other day that tho subsidiary concerns which locato In the vicinity of Gary will employ as many men and will have an aggregate Investment equal to that of the United States Steel corporation at Gary. This means that there will be two Garys built In the Calumet region instead of one and the proximity of the above mentioned cities to the labor market together with the many other advantages they have will make them the logical location for these industries. Already they have begun to come in. , There is the cement works at Bufflngi ton, tho Federal Tile company which located here for the purpose of supplying Gary with tile roofs, the Haddi-Bon-Walker company of Pittsburg, which manufactures fire-brick for use in blast furnaces, tho American Bridge company which will utilize the product of Gary mills and the Standard Stree Car company which was located In this city because of its proximity to
Gary and the labor market.
Brain Storm.
An expert in the Thaw case gave the
This is only the beginning and it is country a good expression when he re-
expected that before long dozens of ferred to "brain storm." The latter otljer concerns will be located in this was accepted as fitting a frequently region for the same reasons that the observed condition, noticeable when others have come. the brain seems to fly to pieces. Now A dozen small industries that to- other experts come along and declare
gether will equal the Gary plant will that there is no such thing as "brain be vastly more Important than if we storm." Wo are not so sure about the had a Gary in our midst and so it ap- denial, although the condition which pears that this part of the Calumet the expression "brain storm" fits, may
region is to profit immensely by the 1 be called by a name more scientific.
Gary plant although it is ten miles But in order to meet all popular de-
away. mands the expression 'brain storm
should stand. It fits the case of the
IN GLASGOW, Scotland, where they man who files into a passion at the
do somo things better than they do In presentation of a bill. It is applicable
UNCLAIMED LETTERS.
The following letters remain un
called for in the Hammond postofHce
for the week ending March 18, 1907:
Miss Loretta Anderson. John II. Bovington. F. Bergwall. George II. Bodle. Prof. J. II. Barnum. John Buckzukowski. Miss Eva Cain. Miss Flora Clark. Mrs. Maggie DeCamp. Miss Bertha Dickson. Mr. Frank. Mike Galway. Madame Clara Hurley. Lester Hennesy. Miss Edna M. KendallBlythe Lovejoy. Jim Langdon. Miss Edith Maxwell. Peter McDonald. Miss Iva Owens. Bessie Rosen. Ed G. Rettig. John Ruminskl. Mrs. Laura Shirin. Miss Pearl Simon. WM. H. GOSTLIN, P. M.
KEVV YORK STOCK filET
Month. Open. High. Low
Atchinson .. 91
Am. Sugar 122 Am. Car ... 37 Amal. Cop. . 9 3 '4 Am. Smelt 123V4
Am. Locora. 64
Anaconda . .
tYm. Tob pf
Am. Wool . .
B. & O
Biscuit
Brook. R. T.
C. & G. W... Ches. & O. . .
C. &A. pfd C. F. & I
Col. South..
Corn Pdts . . Cotton Oil .
Canad. Pac. 171
uoast .Lane .104
Cent. Leath SO Denver com 30
Do. pfd Det. U. Ry. Distillers . Erie com . Erie 1st Erie 2nd .. 111. Cent. .. Interboro .
K. C. S com 22
Do pfd. .. 53 L. & Nash... 119 Mex. Cent .. 21 Great Nor . .143 Gt. Nor. Ore. 62 North Pac... 126
62 92 28 i 9979 53 14 41 59 36 27 20
30
, 73 71 . 70 . 294 . 65 . 46 .144
24
n 4 K i
122 '4 37 93 123 4 63 ?s 92 29 994 79 54 14 41 36 27 4 20 30 171 104 304 30 73 70 29 65 46 144 1 25 ;'-22 53 118 21 143 62 136 , 37 64 rr o 1 '
I i. TA 58
M K. & T cm 37
Do. pfd .. 64 Mis. Pac. ... 72 Nat. Lead .. 58?4 N. Y. Cent ..118 Nor. & West. 77 34 Ont. & West. 38 Pac. Mail .. 26 Peoples Gas 88 Pennsyl ...122 Press Steel 36 Reading ...10 4 34 R. I. & S. .. 27 Do pfd. .. 88 Rock Isl. cm 21 Do. pfd. .. 47 Rubber .... 47 South. Pac. 81 South Ry cm 22 34 St. Paul . . . .134 St. L&S.W. 20 St L&SFrdpf 36 Texas Pac. 27? Union Pac. ...137 U. S. Steel .. 37
Do. pfd. ..100 Va. Chen.ic 29 Wabash .... 14 Do. pfd .. 26 Wis. Cent. . 17 Dd. pfd .. 40 West. Union 8134
Money closed 4 per cent
Total sales 1,465,300
TO INCREASE ENDOWMENT.
the United btates, the railroads are compelled to run on time. That does not mean that they
may be late from five minutes to
half an hour. It means that they
must run exactly according to the schedule. What Is more, if a business man takes a train in Scotland and
In the case or the man who throws a
fit when petty affairs at home go
wrong. It is an expression that tells much when the green-eyed monster takes possession of one. And there is testimony to show that occasionally
"in the cold gray dawn of the morn
ing after," when the ice in the pitcher
118
77 38 26 88 123 86 104 3 ' 27 88 21 47 47 81 22 134 20 36 28 137 37 100 29 26 , 17 ' 40
o X 4
89
120 36 89 118 63 69 90 28 96 78 51 13 40 33 27 19 30 1G9 101 29 29 72 68 28 64 45 142 24 21 61 117 20 138 60 123 35 63 70 56 116 75 38 25 87 120 35 99 34 26 85 20 46 46 77 22 130 IS 35 27
1304 35 84 98 ' 29
25 17 39 Sl
Close 91 121 37 92 121 64 62 90 28 98 78 34 53 14 41 59 35 27 20 30 171 102
30 29 34
72 71 70
29 64 46 142 25 22 52 118 21 142 61 125 36 64 71 58 118 77 38 26 fiS 122 36 103 26 85 21 47 47 80 22 7 133 19 35 2S 134 37 9934 29 14 26 17 39 c 1 t ,
1',4
PRODUCE MARKETS. Strawberries were in liberal supply.
over 2,000 cases being received Iroin Louisiana. They sold readily at a slight reduction In price. Florida
berries were scarce and moved slowly
at previous prices. In the egg mar
ket a stronger feeling prevailed. There was a good demand In evidence. The trade In butter was of fair volume at
unchanged prices. The potato trade
was slow and as arrivals are heavy stocks are beginning to accumualte.
uuotations on round lots rangeu:
Butter ReceiDts. 4.114 tubs. Extra
creamery, jobbing, 29c, price to retail
dealers, 30c; prints, 31c; firsts, Zbsusc; seconds, 2224c; June extra, 28c; dairies Cooleys, 27c; firsts, 25c; renovated, 24 25c; packing stock, 19 Vi
y 20c. Eggs ReceiDts. 13.S77 cases. Miscel
laneous lots as received from the
country, cases returned. 15c; cases in
eluded, 15c: firsts, packed in new
wnitevvood cases, grading (U per cent.
rersh, 16c; prime firsts, pacKeu in
white wood cases, grading so per cent, fresh. 16 c; extra high grade stock, grading 90 per cent. fresh.
especially packed for city trade, 18c. Potatoes ReceiDts. 90 cars. Wis
consin, Minnesota, white stock, choice, 40 fit 42c; choice to fancy, Michigan, 40 43c; red, fair to good, 37 38c; mixed red and white, 38 39c; common, small red and white, 8536c; sweet potatoes, Illinois, $2.50 3.50 per brl; No. 2, $1.251.75 per brl; new potatoes,
$3.00(8.00 ner brl.
Veal Quotations for calves in good order were as follows: 50 to 85 lbs.
6 7c; 80 to 85 lbs. 7Sc; 85 to 100 lbs, fancy, 9 10c; 150 to 175 lbs, good
meaty, 55c. Dressed Beef No. 1 ribs, 15c; No. 1
lions, 17c; No. 1 round, be; No. chuck. 7c: No. 1 elate. 6c.
Live Poultry Turkeys( per lb, 12c;
chickens, fowls, 13c; springs, 13c; roosters, 8c; geese, S5.007.00; ducks,
13 c.
Fruit Apples, $1.50 4.00 per brl; bananas, jumbo, per punch, $1.40 1.50;
straight, $1.10 1.25; lemons, Cal.,
S2.50Cd-3.50: oranges. Cal.. 2.003.25.
Green Vegetables Beets, 40 50c
Der sack: cabbage, $1.25 0 2.50 per brl;
carrots, 5070c per sack; celery, $1.50 4.50 per crate; onions, $1.50 2.00 per
box; parsnips, ii(yac per sacK; eDinach. 30c per hamper; turnips, 40
(i 7",r por pack.
l. A. Mclntyre & Co.: "While we
believe we have passed through the
worst of the crisis in both stocks and
the money markets the situation and
outlook is still so full of uncertainty
that it is a question whether there can be any sustained recovery, or the
inauguration of any successful bull
movement for some time to come. The greatest care should be exercised against loading up with too much
stock and also in the selection of
purchases either for investment or on
speculation. To those fortunate
enough to have plenty of available
cash, purchases of the standard dlvi
dend paying stocks will eventually
show handsome profits."
A. O. Brown & Co. "The bear party
believes bankers will not favor push
ing the advance and will doubt Ies
grasp any favorable opportunity fo
renewed attacks.
Rache & Co. "The market is too
feverish on the advance to stand long
at one level. We would not be eur
prised to see a reaction occur on real
izing by the banking interests who have supported prices on there cent
decline.
It is unfortunate that the stock ex
change, which ought to be the very
heart and soul of the world's financial
life and which ought to contain the
very essence of sound business sense,
purely sentimental fear is allowed to play such a large part. One would think from the dumping of valuable
securities regardless of price that our
railroad dividends were in great dan
ger, but they are not in danger at all
Since the civil war we have had the
arold corner of Black Friday, th
greenback craze, the Spanish war an
two Bryan campaigns, and yet in or
der to endanger our railroad dividends
in any broad sense we should have t
have a misfortune worse than any o
these.
Town Topics The strength In steel
and the ore certificates shows that lm
portant interests are satisfied with the
outlook for business generally and th
resulting benefits to the corporation
which, will be shared to the fullest ex
tent by the Great Northern.
C. H. WANZER
stock km mm mm
Stocks Carried en 3 to 5 Point Mi-jia
Nominal Rates of Interest.
Koshland Careful purchases
Smelters will prove very profitable
I have this information from a good source. They will put the stosk on
increased dividend basis at meeting i
June. After the short covering ought to have some set-back, but would buy
good standard stocks on recession.
I1 i!, U.?d0rst0013 th Sectors
'C,SUT o the dividend conda will bo held March 1 A"a
Judge Lurton of tha t-u-.. ...
court authorizes iate3
promise granting th. 17 " com"
son Harmon, th, T recel v,r '
DRUNKS SHOULD
jUILD ROADS Chief Rimbach Says That County Jail Should be Emptied.
Chief of Police Rimbach says that io?iuthVion Vvhat the county 8ho do Mith tho prisoners that are sent to the countjP jail u becoming more and more of a problem and he believes that the best solution would be to have them work out their time on the county roads. there are forty drunks and other offenders in the county jail and the item of expense to the county has become so great that we are compelled to bo careful and pick up only the worst class of drunks and hoboes. "The fact that Hammond is so acessible from all directions because of its numerous railroads makes it a regular mecca for these shiftless men and. although we are as severe with them as possible, there are lots of men that we -could pick up and give a term in the county jail if it were not for the cost. "Now my idea would be to put these fellows all at work on the county roads and make them build great stretches of country boulevards. There are lots of places in the county in the vicinity of Hammond where it would cost the farmers an enormous sum If they were to build good roads along their property, while if they simply had to pay for tho materials required for paving and these drunks and hoboes did the work they would be glad to have it done." Hammond sends on an average of 20 drunks a week to the county jail and if this gang was put to work in the country it would not be long befor there would not be an unpaved road in the country. Cracking stone in the jailyard is not likely to make a prisoner very repentant, a man is compelled to do the
work in a day that a stone crusher
could do in a half an hour while if
t,o wa nnw. than he was Pu on tho country roads he
for the past few days and prices natur- would pay for his board by building -mi- ' Ar toUv enduring highways. .
333 Rockery Bldff., Chicago. TELEFHOSE KARRiSOB. 34D5.
JOHN DICKINSON & GO.
STOCKS, BONDS, GRAIN,
PROVISIONS. 171 La Sails SL, Chicago. New York Office, 42 Baoadway. Members Chio&so Board of Trade. New York CoasoJid&ted Stock Exch&nf .
Direct Prtvat Telephone, Central 5551
Wires Cast. Automatic 4058. Central 6551
allly eased off,' due principally to the selling for foreign accounts and sell
ing by traders who believe that a reaction of a few points should come after the rapid advance of Friday and Saturday.
MISSING FIBEBIAN RETURNS.
Walter Getts, the missing fireman
of Whiting, returned there for a short
time Sunday, much to the surprise of
There is very little news generally. nis menas. ueus expiainea ma ab-
tva marliPt fnr the time belnsr must sence by saying that he had been
adjust itself, for there has been un- spending his time in West Pullman
nuestionablv a erood many accounts MOOKing alter me interests ot nis ra
which were not in the very best shape, ther- who 13 ln Europe. His wife is
Dr,ri hrvso vmvA tr h settled im. staying with inenus in ingiewood.
AS TO EXTENSION TERMINUS.
as it seems ioreigners are not apt
to let us have any gold, and rather
sell our securities to raise money at
this end.
NOW YORK COTTON MARKET.
GRAIN MARKET. Chicago. March 19. Car lots today
Wheat 78 cars; corn 374 cars; ots 162
cars; hogs 17,000 head.
Money is rather firm, but the prin
cipal trouble seems to be in Europe
and we have to be very careful here. Talk of Standard Steel Branch of Street
Railway Crossing Columbia Avenue.
Recently there has been some talk
of the Hammond, Whiting and Hast
Chicago street car company crossing
It is E-enerallv conceded that anions? Columbia avenue wun us extension to
the causes for the recent denresslnn the Standard Steel Car plant thus mak-
n certain specialties the loss in value ln& tno eastern terminal oi me une at
of investment and speculative holdings ino cnecK nouBO ,u"; c,n u
has been under consideration. This is located, it was unuemooa mat tne
particularly true of Union Pacific, Standard steel car company looKea Whi,h mnanV Bt ba Hnffor,! . favorably upon the plan and that the
vere depreciation in the declines in two companies had already come to-
nnnnu nti -ccr vn,v rOr,t,0i or, gether on tne matter.
xseiore any bics nuaicvci wmu uc
Mch. ..93R 93S 927 May ..955 959 941 July ..958 958 943 Aug. ..961 961 948 Oct. ..958 9S8 972 Dec. ..997 997 981
927-27
944-45
947-48 950-51
Northwest Receipts Car. Last Today Week
Duluth 206 253
985-S6
.203 263
Chicago 18 15
975-76 Minneapolis
lASt Tear
115
261
6
BBJUN 10 PROSfiSIOfJ MARKET
LIVE STOCK MARKET.
expects to keep a business appoint- make8 Bweet music, there is something
in evidence tnat can t be better ex
plained than by saying it is "brain
storm." The expert who gave us
brain storm made a valuable contribution to the English language and the attempts to discredit the expression
should be discouraged. Lafayette
Journal.
Trustees Will Attempt to Raise $373,-
000 la Order to Claim Rocke
feller's $123,000,
Crawfordsville. Ind., March 19. At
a business meeting or tne waDasn
college trustees, following the elec
tion of Dr. George L. Mackintosh to the presidency, the matter of raising
$375,000 to meet the conditions of the
nronosed eift of $125,000 from the
Rockefeller educational fund, was dis
cussed at some length.
H. J. Mllligan, president of the board,
has a subscription paper, and to start the ball rolling he put his name down
for $10,000. James P. Goodrich sub
scribed $3,000 and the other members
of the board will report at the June meeting as to what may be expected
from them.
The special committee, appointed to
formulate plans and launch the com
ing financial campaign, is optimistic
over the outlook. Its members declare
High speed trains may properly be that ln the effort to raise this endow-
called vast testing machines, and rnert increase of a half-million dollars
though they do not measure maximum j the word "failure" has been blotted out
stresses in track and equipment they j Gf the Wabash vocabulary
to make a settlement with (ta are relentless in showing weak points
I . . . j. 4 I Aftill
passengers for damages because of de- and are ine mosi Pwni iaciors 111 HJ- SEEKS mJUiii UliUiniUIi.
gesllng improvements wnicu tena to
the betterment of the service and to paui Zeeevlch a real estate dealer
develop all those details which make o 50g xorth Clark street was In Ham-
railway travel safer and more com- mon(j Sunday on his way to East fortable. High speed is expensive from Chicago to 6ee his brother, Nlch Zeceevery point of view. The consumption vlcn ono Gf tne men who was injured
delayed at every station alony the way of fuel i3 enormously increased, more ln tne strika riot at the Republic Iron
and he arrives In the city at any time expensive equipment is required, the ani steel company plant Saturday.
between 6:30 and 10:30. The unfortu- cost of maintaining track largely aug- Zeeevlch said he saw an account of
nata fellow is not only out his $3.00 mented. and train or tonage capacity tnc ri0t in the papers and as it was
for theatre tickets but he has lost val- mAterially reduced. For these reasons dated Hammond, came here, supposing
uable time and ha3 been seriously in- two cent fares are the more to bo de- the mills were located here. After go-
convenionced. plorcd. In the operation or trains at j jng to St. Margaret's hospital to see if
Hammond people have been putting high speeds safety is insured only by his brother" had been taken there, he
tip with that sort of thing for months. eternal vigilance and the constant and left for East Chicago
Month. Open
Wheat.
ment in some distant city and the
train Is so late that he falls to meet his man, he ha3 recourse against the railroad and may collect damages. In other words when a man buys a railroad ticket in Scotland he enters into a contract with the railroad company by which, for a consideration, he expects to be taken to his destination within a given time. If the railroad fails to do its part it is a breach of contract and the company 13 liable. It does not take much of a stretch of Imagination to reallzo what would happen in Hammond if tho Lake Shore
railroad for example would be corn-
lays. A man buys a ticket to tho theatre in Chicago, he decides to tako the 3:2S suburban train into the city. Instead of arriving thero at 6:30, as he has reasor-s to believe he will, the train is
May July Sept. Corn. May
July
Sent
Oats.
May July
Sept
Pork.
May
July
I.ard.
May July
Sept
Ribs.
May
July
Sept
.7644
78
High 77H 78 y2
High Speed Trains.
..45 ..46?8 464. Ts ..4055, 41'
Zt -fe ;837 37 Va
32"
',8
Low
761 45H 45Vi 464 40H 36 32
Union Stock Yards, March 19. Hog
receipts. 17,000; market steady; lert
rn over 2.700.
0 Lie-ht. 16.50 to 6.72: mixed, $6.50 to
75?s-76a 6.72; heavy, $6.40 to 6.70; rough, $6.40
to o.ou.
Cattle receipts. 4.500; market strong,
Sheep receipts, 14,000; market
steady.
46 a 46 Hi; 46 b
41ib
37 Via
32 ;a
Hogs Cattle
Omaha 12.000 5,500 Kansas City ..16,000 11.000 St. Louis 10,000 5,500
Sheep 8,000 8,000 2,000
, .1585 ..1597 .902b ,.912 , .922 . .882-85 ,.S9o ,.S97
1597 1570 1572 1610 1585 15S7-90 907-10 892 892b 917 900 900b 927 S12 912a 887 882 872-75 897 8S2 882b 902 887 S37b
Estimates for Tomorrow. Wheat 6 cars: corn 230 cars;
159 cars; hogs 3,200 head.
oats
Total Clearances.
Bushels
Wheat and flour equal 135,000 Corn 533.000
Oats 3,000
CHICAGO LETTER.
Pilmary Movement.
Receipts bltpmnta
Descpt. Onen High Low
Wheat, today 4S3.000
Chicago. March 19. WHEAT Earlv Last year 568,000
prices were a trifle lower than the
closing figure last night. But on the Last' year .975 000
appearance of the exceptional strength I Last year 372,000
in both corn and oats, shorts started
Close
221.000
173,000 231,000 587,000 464,000
333,000
to cover wneat soia yesteraay, as a consequence they bid the market up a
cent a bushel.
Foreign news was a little more bull
Atchison, even though these shares have not been sold. There is also con
siderable discussion regarding the lo
cation of individual losses and its possible effect on the floating supply
of stocks heretofore supposed to be
closely held for Investment and con
trol.
B. A. Sinn Think market will have
another reaction but would rather
buy them on breaks. Reading is still
too high compared to other stocks.
taken toward carrying this plan Into
execution, it would be necessary for the
street car company to get a crossing
right from tbe board of publlo works
which must be ratified by the city council. The probabilities the, however, that the project will stop
where it is as the feeling of the city council and the board of public works toward the street car is too antagonistic
W. B. Spader Would only buy
stocks on breaks, but a good many of
them are undoubtedly cheap.
BARNEY C0MVIRY, ANN0YER
OF WOMEN IN THE TOILS.
Most views of the situation suggest that conservative action will be the
rule in stock market operations until market outlook takes on some defin
ite form, even though relatively high
rates prevail for time money well into
the future.
Southwestern Reeetpts and Shipments Wheat. Receipts Ship.
Minneapolis, today. .. .215,180 59.400
T.nKt vr 261.000 93.84
c Tv,.o totr 2(1000 6G.000
ish in tone. Stocks of grain at the Last year 36,000 69,000 seaports of both Russia and Germany Kansas City, today.... 53,000 5"592 vo. ( ,v Last vear 25.000 18.000
aiiUUOk v.-vi.o.uo LOU, IHU lilt, liiat UK " - Z-. ' . r u 1Q ITaO-o
. ... . . . , i union ftlOCiv. larua. Jiaiv-u xo. hub
taic 01 lamme in Russia nas some Pioao,i slow, parlv advance lost
foundation of truth. Light. $6.55 to 6.75; mixed. 36.50 to
There was an absence of bad crop -7 2; heavy, $6.40 to 6.0; rough. $b.u
news from any sections of this coun- cattle closed steady, sheep closed
try. The local news was rather bear- strong
Ish In tone: recelnts in the northwest
large; export demand indifferent JblVERPOUii MARilxilb.
iae Mil, cioseu Biruus luuniug t ..vmrnnni TJarrh 19. Wheat onened
an advance of about three quarters of j one-eighth 'lower; corn, one-eighth to a cent for the day. J one-quarter higher.
rnn-smfl an ,inp of a. rPnt Liverpool., iiaron 10. ueut usw
" " ' mi.p irhth Inwpr:
a uusiiei tituscu .'i 11n1pc1.i1 j ujr iuo ictv . - lower.
Case Is Contiued for Further Kvldenoej
Prisoner May Also be Held for House Breaking; Suspected of Having Entered Home of William Rice. Barney Comviry, a young man is be
ing held In the local police station on
the charge of assault and was brought
ln to the city court this morning where
the ev-idence of two witnesses, Mrs.
Mathew Scherer. 235 Logan street and
It is ln any event quite logical to Mr3- p. v. Rising, 230 Logan street.
expect a flexible price movement ln was heard. While the technical charge
the immediate future. It is believed hs assault, there was no evidence that
American bankers will bid sharply for Comviry had laid hands on the two
gold in London this week and this I women who testified that he followed
appears to be Justified by the low them and addressed them while on
prices for sterling, which has in turn their way home last night. The case
been Influenced by supplies of bills was continued until tomorrow morn-
drawn against stock purchases in this I ing when more witnesses will be heard, market during the past few days. I Comviry may also be charged with
house breaking. A key was round on
J. d. March1ThorB or a a-rfat hl3 TerS0n IASI nigm wa.s ueu-
ntv- iir intHmiiw tifled by William Rice of 306 Michigan
cheap and they probably are. but tha avenue as conditions of labor and socialistic feel- missing last night when it was noticed
ing ln regard to railroads is still bad. that someboay naa enterea me nouse
and I rather look for th market to from the rear.
set back rather than advance. Anv- I was missing.
corn, one-quarter
Nothing else, however.
way I think it Just as well to rest for
a day or two before trying to do much.
Rldgely Stocks had a fine rally;
THORNTON NOMINATIONS. At the Thornton township republican
most of the professional shorts have convention held Saturday at Harvey tha been run in; outsiders are again buy- following men were nominated;
ing. I should not be surprised to see Union Pacific react to 180 or 185 and others in proportion. This does not mean for you to sell short. The bull
side is the one, but such a violent re-
Town Clerk James Ellis.
Supervisor Charles Waterman. Collector James Schilling. Assessor John O'Rourke. Commissioner of Highways Jobn
bound as that of the last few days is Biefieldt.
A ;1