Hammond Times, Volume 1, Number 257, Hammond, Lake County, 18 April 1907 — Page 4
PAGE FOUR
THE LAKE COUNTY TIMES AN EVENING NEWSPAPER PUBLISHED BY THE LAKE COUNTY PRINTING AND PUBLISHING COMPANY, HAMMOND, INDIANA. "Entered as second class matter June, 28, 1906, at the postofflce at Hammond, Indiana, under the Act of Congress, March 3, 1879." LOCAL OFFICES : HAMMOND BUILDING Telephone 111 SOUTH CHICAGO GFFIC2 : 9141 Buffalo Ave. Terms Tear , naif Year Single Copies of Subscription. . $3.00 cent Larger Paid Up Circulation than any other Newspaper in Northern Indiana CIRCULATION YESTERDAY CIRCULATION' BOOKS OPRX TO THE PUKLIC FOR INSPRCTIO.Y AT ALL TIMES. TO SUBSCRIBERS Readers of the Times are requested to favor the management by reporting any irregularities in delivering. Communicate with the circulation department, or telephone 111. THE CHIEF DOES THE WORK. Aside from the question of whether Chief of Police lilmbach is entitled to any more pay for his srvices, it must be admitted that Mayor Becker's argument in ruling adversely against a raise in tho chiefs salary Is weak. He compares the salary the latter is now drawing to that of th cily treasurer, the city comptroller and the mayor calling attention to the fact that the chief of police draws the same amounts of money for his services as do the officials named. This may all be true, but Mr. Becker apparently has failed to take into consideration that the duties of the chief of police require all of his time and exclude him from other lucrative pursuits while those of the mayor, although entailing great responsibility are comparatively insignificant as a hindrance to the holder of the oihee from pursuing his regular vocation. With the comptroller and city treasurer, this same cannot be said. lint the mayor's ofiiee, which carries with it the highest honor a city can render its citizens and does not materially Interfere with his business, is another matter. ' As to the relative requirement of the other offices concerned we have nothing to say. Neither have we an opinion to advance as to whether Chief Rimbaeh should be given the raise. We merely take exceptions to a portion at vanced by least of the argument adMayor ISecke r. INSINCERITY OR APATHY? West Hammond has had its opportunity to come out for decent government and has failed. The only conclusion is therefore that either the respectable element is in the minority within the village borders, or that it is so apathetic that It might as well not exist. The non-committal policy adopted by the democratic ticket which was elected by an overwhelming majority, is equivalent to an avowed support of the dives that have so long been a smudge on the good name of the village. There are doubtless some in West Hammond who worked hard and faithfully to install in office a clean regime and who are bitterly disappointed in the outcome. But the rest of the Fo-colled decent lenient who would not soil their garments by contact with the flotsam and jetsam of West State street, but whose sins of omission are doubtless responsible for the continued pw-.y of the dives, must be held up to pub V; scorn as insincere and lacking in that public spirit which alone can bring about civic reforms. IN THIS meantime what is doing: at French Lick? AS a Carter mere matter of courtesy S!u hould have been consulted. riff MR. cannot peace, a near CARNKGIi: and Mr. Roosevelt agree upon what constitutes Therefore Mr. Carnegie must be liar. THE Steel corporation wishes to control all the public utilities of Gary. Why not? The public untilities of Gary are a mere incident. THE zeal of Governor Hanly was worthy of a better cause than the Clark Station joint. A tiny breath could have snuffed that place out. THE chang of administration In West Hammond does not affect the social and political standing of the Hon. Jocko Briggs. Mrs. Briggs shall remain in undisputed possession of anything he finds loose. BUT for Lake county, we infer, the life of Governor Hanly would be one glad weet song. The governor feels it hla duty to break away from doctors and nurses to look out for this br&nch f his family.
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WITH THE EDITORS Few New Ministers. A speaker at the recent session of the North Indiana Methodist conference, held at Logansort, called attention to and lamented the fact that recruits for the ministry are decidedly scarce. It is presumed that what is true in the Methodist church is true in all or at least the majority of donominations. Tfee reason is not hard to find; the salaries paid are too small. While the idea that the young man who enters the ministry is not gov erned by pecuniary motives is fine, and while he never takes up such work with a View to bieomintr wcilthv It lo a fact that he must live, whether, he be a preacher or whether tie be a lawyer. To expect a young man of abilitv, one Who would do well for himself in bus,i! ;l profession, to taKe up a calling which at best offers a meager existence is too much. Deep religious convictions are all very well, but wiether it be a good thing or not we are living in a commercial age and few thero be who are willing to follow a work which means a struggle for ex igence, especially in a time when the cost of living Is unusually high. Probably the best way to attract men ui anility to tne pulpit is to make the pay commensurate, at least, with the cost of living. Self-sacrifice is a fine thing and yet, lament is as we may, there are few in thi3 day and age who care about making life one long, hard seige of self-sacrifice. While compensation should not come first in the ministry, a man, particularly one with ability, has a- right to expect a living and a good living, at that. South Bend Tribune. New Parole Law. Under a new law it it within the power of judges or circuit or criminal courts to suspend sentence in cases of Persons found guilty of any misdemeanor or felony except murder, arson, burglary or treason. The defend ant may be nut on narole jmri if cn Under the authority of the officials of the prison to whicn he would have been sent had not judgment been suspended. The parole is to continue only during good behavior, and he may be taken to the prison at any timo the prjson officials see fit, or the judge may revoke the parole at his pleasure. The discretion thus vested in the court will if wisely used be productive of much good in the case of first offenders. All others should be sent either to the penitentiary at Michigan City or tho reformatory at Jeff ersonville, where under the modern methods of treatmeot, they will havo the best chance on earth to reform and make something of themselves, if such a thl' 0 . t . . . , sible, and in most cases it is. No one and especially those in whom there is the slightest hone of reformat) hould be sent to jail. Such an Insti tution is not a fit place for any except the most hardened criminals. Crawfordsville Journal. A Wholesome Sig. It is a wholesome sign that people generally express only condemnation of the dementia Americana doctrine n announced by Mr. Delraas. Briefly stated, this was the. assumntlon sun. . - .., - posed to be peculiar to American civil ization, that a man's household and domestic circle are bo sacred that he has a right to take into his own hands, law or no law, the punishment for Invading them. The law does not recognize any such distinction in its definition of murder. A wronged husband, father or brother has no right to take the execution of justice into his own hands. It is gratifying to know that a majority of the Thaw jury stuck steadily to the old-fashioned theory that murder Is murder, and that a personal feud between two .isnlnnta for the favors of a pretty wanton cannot furnish a basis for the promulgation of a new principle of law. The civilization of the age is opposed to lynching, yet the practice has its defenders. They argue that there is one crime that overrides all legal enactments and justifies men in taking human life. Senator Tillman and other defenders of lynching contend that this one crime demands the execution ot "higher law," regardless of statutes. This is exactly the doctrine of dementia Americana, as promulgated by Mr. Delmas. It is to be hoped that we may never hear another eulogy of the Pelmas doctrine. What we need is Justitia Americana. Indianapolis News. Fights Woman Suffrage. Mrs. Humphrey Ward, the authoress, in a letter expresses the hope that parliament will not be persuaded to give women the right to vote at parliamentary elections. She says that if parliamentary suffrage is granted to women an immense addition will be made to the ignorant and unstable vote and the safety of the state will thereby be greatly weakened for the sake of ends which may be abundantly reached in other ways. BETWEEN TRAINS A gentleman recently had to engage a gardner. One two applicants appeared one occasion morning a decidedly decent-looking man, and the other of much less prepossessing appearance and manner. After very little hesitation, the man of the house chose the latter applicant. A friend who was present evinced surprise at the selection, asking: "Has that man ever worked for you before?" "No," replied the other; "in fact, I never saw either of them until today." "Then, why did you choose the shorter man? The other had a much better face." "Face!" exclaimed the proprietor of the place, in disgust. "Let me tell you that when you pick out a gardr.er, you want to go by his overalls. If they're patched at the knees you want him. If the patch is on the seat of ills troueer. you don't."
Brainstorm of a Baseball Fan.
I'm glad to see the bluebird and the robin back once more, I welcome each new bud and the crocus I adore; Though these signs of spring may satisfy 'most all the poet dubs, The surest sign I know of is the standing of the clubs. ROBERTSDALE NEWS Henry Hatt of Indiana boulevard. transacted Business in Chi leago, Wednesday. Miss Alice Dunn is able to be out of Roberts avenue, again after a six weeks illness with typhoid Lonis Fisher of Gary, Ind.. was the guest of Robert Atchison yesterday. The youngest son of Mr. and Mrs J. bunden of Harrison avenue the sick list Is on Mrs. Tracy of Cleveland, O., and daughter, Mrs. Samland of Harrison avenue, were Chicago visitors Wednes day. num. io Air. ana Mrs. George Girman of Harrison avenue, a son on Tuesday. Mrs. Edward Miss Mollie of spent yesterday creese and daughter 214 Roberts avenue in Chicago shopping Wm. Mathie a Robertsdale day. jl noutn cnieago, was business visitor yester.urs. u imam Aldrich and her mother, Mrs. Woods, left for Allegan. Men., last evening, where they will join Mr. Aldrich and son. Bertlv. who left a few days ago. Mr. and Mrs. Aid rich have purchased a. farm at Aiietmn ... - - n ' anu mienu making that place their future home. They have many friends here who regret t Bee them leave out who wish them much success In their new home. Aiesuames Gardner, and Roberts, of Columbus, O., are visiting their mother and sister, Mrs. Findllng and Mrs. jasper wicnorst In Roberts avenue for a few days. POLITICS AND THE POLICE cnieago Detective Officer Testifies That the Police There Raised a Campaign Fund for Dunne. Chicago, April 58. "Fear of the man higher up" has always ruled the police department of Chicago, the civil service commission has just been told In the investigation of rim rrn o fro incf ex-Chief Collins that a levy had been made on the police for campaign pur poses during the recent mayoralty elec tion. Captain O'Brien, of the detective bureau, was questioned by the commission. "A fchort time before the primaries." he said, "Chief Collins called me into his office and said he was trying to raise money to assist Mayor Dunne. He wanted me to help him. lie said those opposing Mayor Dunne had plenty of money, while the mayor himself had but little. "I didn't say anything, but when I reached my office I spoke to my lieu tenants about it. I told them that I Avas not in favor of It, but that I would leave the matter to them and they could do as they pleased. A few days later $443 In envelopes was handed to bne and I gave it to the chief himself." Captain O'Brien .said it would be greatly to the benefit of the police department If politics were kept out entire I y. DISTEIBUTION OF CAES Sleeting at Chicago of Railway Men Is to Take Up the Subject for Discussion. Baltimore, April 18. At the meeting next Monday at Chicago of the representatives of the railroads belonging to the American Railway association, it Is announced here, the matter of the distribution of freight cars will be taken up and discussed thoroughly. Some of the roads, It is known, are desirous of maintaining the old system, under which each railroad insisted upon the return of its own cars by foreign roads for use in its own business. Other roads alleged that great economy could be effected if the cars of all the roads in the country were used in common, and each road assured of the use of a number of ears equal to that owned by the road. DONE BY AN ENEMY Story of the Patterson Tragedy In North Carolina Is a Lie Out of Whole Cloth. Greensboro, X. C, April IS. Investigation shows that the story furnished to the local papers and sent out by the Greensboro correspondent of the Associated Press concerning what was reported as the murder of Mrs. It. B. Patterson. of Liberty, was-wholly without foundation. The story, it seems, was concocted by an enemy of Dr. Tatterson and spread broadcast Liberty is twenty miles from Greensboro. They Charge Bad Faith. Concord. X. II.. April IS. The cbargp that the suit for an accounting of the property of Mrs. Mary Baker G. Eddy, filed March 1, was not brought In good faith by the so-called "next friends" named in the suit, i contained in the answer of the defendants in the action, which has just been filed In the Merrimack county superior court. The answer contains a general dermal of all the allegations of -he "omnlaln. Final results of the ball eames In THE LAKE COUXTY TIMES' Sporting j Extr' ' 1
THE LAKE COUNTY TIMES
lochs
Latest Movements in Industrial Centers, by Exclusive
NEW YORK LETTER. New York, April IS. Stagnation nreuuminatca in the stock within twenty minutes market up to of the closing ""ui. i nere were periods during the session of five minutes at a time beieen transactions. An idea of the dull business and lack of trading may be had from the number of sales up to the noon hour which was only 14S.00O. This undoubtedly was the dullest dav in many months. Traders as a ruie are predicting a continuation of this class of markets for some time. There is nothing in the day's new to cause any radical change in values. The greater portion of the business done today was by professional operators. ooei a LIOIIX 'A r- ri.it -. ,n . I n. i e In ci .Moau, active and buovant market, i ms Class of traders are willintr to nine euner side as long as thev can see a profit in a transaction. Union Pacific probably showed more recovering power than any of the other high priced shares with the exception of Xew York Central. These two stocks were the active leaders on thej weak spots and strong ones. At the! final close each of them show a gain I of about a point respectively. ! i ne same muddle over the metal situation continues in Xew York. One faction makes the statement that the offered price for lake copper upon that exchange is a fictitious one, while the other ones, the larger Lake Superior copper producers, maintain it is a legitimate one and that they are sold ahead months at over twenty cents per pound for the best grades of copper. The Alamgamated Copper company declared the usual dividend. No change was expected and as a market factor it had practically no effect. The entire market closed dull and uninteresting with slight changes from yesterday. HEW YORX STOCK MARKET Descp. Atchison . . . Am. Sugar Am. Car ... Amal. Cop. Am. Smelt Am. Locom Anaconda . . H. & (. ... Rrook. It. T. C. & G. W... Ches. & O C. F. & I... Col. South Corn Pdts . . Can ad Pac Cent. Leath Denver com Distillers ... Krie com . . . Krie 1st ... Krie 2nd ... Interboro . . K. C. S. pfd Open. 931 o o 3 36 !3 3i 131 Va 52 61 14 5y 13ii 413 34 26 s4 194 175 4 28 H 29 70 - 'a 53 36 H 25 59 7High 94 U I2312 36Vi 93 131 Ms 63 61 V2 9SVo 59 i 132 41 34-4 Low 93 122 36 9 2 1 ' 129 62 60 U 7 581.4 13V2 41 34 264 19 174U Close 94 123 i 36 93 130 63 61 98 5 9 13. 41 34 26 19 176 27 29 70 24 53 37 25 69 117 131 133 59 36 63 74 61 V, 118 3S 124 36 106 28 21 82 20 133 136 37 100 25 19 34 176 28 29 70 24 53 '4 37 25U r.9 117 131 133 59 36 66 74 61 119 3S 124 36 106 291,4 214 20 37 29 69 a4 o 7 53 35 25 59 116 129 131 - . 57 354 66 73 60 117 3S 123 35 104 28 21 81 a, 20i 132 134 36 99 I;. & Nash . .11 v. North Pac . .129 Vt Great Nor . . 132 i Gt. Nor Ore 57 M K & T cm 3,ri3. Do nfd 664 73 4 61 3S 124 36 105 29 i4 211,4 SI 34 20 132 135 37 IOO14 1 Mis. Pac . . Nat. Lead . . N. Y. Cent Ont. & W. . Pennsyl. Press Steel Reading H. I. & S.... R. Isl. com South Pac So. Rv. com St. Paul . . . 133 136 37 100 25 Union Pac U. S. Steel Do pfd Wabas hpfd NEAV YORK COTTON MARKET. Month Open . 965 . 96t . 969 . 993 .1002 Hlsh 971 973 975 998 1007 Low 964 966 969 993 1001 Cl0J8 970-71 972-73 974-75 996-97 1005-06 May July . Aug. . Oct. . Dec. . GRAIN AND PROVISION MARKET Month Wheat. May . Open High
Low Close 76 77 79 79 b 0 81ax 82 83 46 4 7b 47 47b 47- 48 b 46 47 42 42 43b 39 40 b 34 3 4b Dr.72 1582a 1580-82 1590 852 855 65 867-70 877-80 8S0b 832 840-42 852 857-60 865 867-70
77 r9 5 3; July . -79 .S1M.14 .83 46S .47 .47 46b Sept . . 81 v. Dec. . 83a, 8 Vz Corn. May 47 47 48 47 43 40 July Sept Dec. Oat a. May .43-42 .39 34 .1580 .1590 .855 .867 .S50b .S42 .862 .870 July Sept rk. Mav 1585 1592 8 5 5 870 July I.ard. Mav Julv Sept ssoS2 Kib. May 840-42 86 2 870 July Sept CHICAGO LETTER. Chicago, April 1 8. WHEAT From the action of todav's market u it,.-i v '.7UACU very much as if the green bugs had emulated the ground hosback into their holes ror a period. Freezing weather throughout the winter wheat belt is said to be doing as much damage as the b - .- um. A plant being entirely exposed. Several sections of Illinois had reports of con siderable damage, but on the whole, the news was less discouraging than heretofore. Prices of all of lative futures were weak. May and July showed declines of about a cent a bushel at one time. A small rallv of a half a cent was brought about on the report of large amount of wheat being worked for export. The market closed steady with a weak undertone. CORN Dull, featureless all day. Scalpers and professional nit traders about the only ones doing anything. I A good demand was reported for cash corn, although prices in the sample marKet were one-quarter to one-half lower for all grades. The speculative market closed steady. OATS Quite an active market for this cereal with prices swaying back and forth within a range of threequarters of a cent for the active futures. Profit taking on a rather large scale was noticeable. But on the decline sufficient buying orders appeared to prevent any serious break in values. The market closed steady with very litle change from yesterday.
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PRODUCE MARKETS. Chicago. April is. Dealers in South ater street are eoinni-t'ninv ,.r -i scarcity in the vegetable suppfv. It is ,V."rvw1Rent:ra5 ht-lief now tiiat serious ",imjS" has resuile.i fr.iM Ih. r iei oi weather I'rues are n:pui,g enough f or ho!.!,rs to sell f J-''-.' iia.I any stov k. Green onions were -.. a i.i ox iii also r-hov.,i her and other vegetables :i i -o r .a . . , . 1 ; t 5....... . ,i'ouiiry market continued weak. ""t,1 liberal and the demand to.,".1 l1o,manJ f r eggs was less ; r t .ll e(lluu,,I's holding off on on acV" ' V' prices , Iiade in butter continued .previous prices were tirmlv prevailin g. H I't lVt1 !1 Mil held. iuner itecelnts :u tubs. Extra i creamerv, -! tailers. 31 i : L'Si-e; t 1 CooleVS. "7 King, ,ui-o; price to re-v-.niis, .,2isC; firsts. 27 nds. 22 24c; dairies, firsts, ''t- i .-i,- i . i f.( 2..c packing stork, lilf,, V, ' ILILfS- I . , t. i , v t t. cases. Mist , ', lul5 as received from th i conn try. cases r i i,,.,,. ' nuiu-u. io'2c: cas. o., luueu. it,e; nrsts. packed in new "me vi o i.n i cases grading 70 per cent iresh, 161 2 c ptime firsts, packed in whitcwood cases; ,-r"i ,1 ; ,t c .- .. (.,, 1-, """"b ') l't'i eem V. VJ'C Frade stock, ifiiL iresti, esneciallv packed for city trade, 1 k- 15 Potatoes Receipts, 2 cars Wisconsin, Minnesota white stock, choice o.M.ie; choice to fancy. Michigan. . (( 43c; mixed red and white. 371 3NelT,',;,i , l FootV S537c; common small red and white. 351, jivI'i'iit lock. Illinois, $ 1. on rii No. 2, 11.001.50 rer brl; new $3.00-77 10.00 per brl. per brl; potatoes, Veal Quotations for calves in good -iuei eie as iouows: &o to 85 lbs l6o; SO to 85 lbs. 67c: K5 to 100 lbs, iancy, 89c; 15T to 175 lbs, afia c. Dressed Reef No. 1 ribs, 12e No 1 loins. 18c; No. 1 round. 8c; No. 1 'chuck, 0c; No. 1 plate, 4c. Dive Poultry Turkevs, per lb 12cchickens, fowls. 13c; springs ' iSe: roosters, Sc; geese, $5.001 7.5o f ducks! 1 4 c. Fruits Apples. $1.50 f? 4.00 per brlbananas, jumbo, per bunch. $1.406?1 50: straight, $1.10 fir 1.25 ; lemons. Cal., $3 75 f4.75; oranges, Cal., $2.00 61 .4.00. Green Vegetables Beets 40e per sack; cabbage, $ 1. 00 fri 3.00 per brl; carrots. 40 65e per sack; celery, $1.00 fr $0.00 per crate; green onions, 75e(a $2.00 per box; green peas, 75cffl$1.00 per box; lettuce, $1.00 (Tv 7.00 per brlleaf. 42 ft 45c per case; onions, 90o(i $1.20 per bu; pieplant, $1.25 rt 1.35 per box; parsnips, C5c per sack; radishes, home grown. 30 90c per 100 bunchesspinach, 20r65c per box; turnips, 35 iii 60c per sack. c H. WANZER STOCK AND BOND BROKER. Stocks Carried on 3 to 5 Point Margin, Nominal Rates of Interest. 333 Rookery Bldtj., Chicago. TELEPHONE HARRISON, 3405. DICKINSON & GO, STOCKS, BONDS, GRAIN, PROVISIONS. 171 La Sa!!a St., Chicago. New York Office, 42 Baoadway. Members Chicago Board of Trade. New York Consolidated Stock Exchange. GRAIN MARKETS. Chicago, April 18. Car lots today: Wheat 28 cars: corn 177 cars; oats 181 cars; hogs 27,000 head. Totsil Heceipts. Wheat and Hour equal 340,000; 34,000; oats, none. corn Kkliimiti'S Tomorrow Wheat 34 cars; corn 238 221 cars; hogs 22,000 head. cars; oats Northwest Today Duluth 227 Minneapolis 29.3 Chicago 28 Cars. Last Week 152 30 8 26 Last Year 53 133 5 Primary movement. Keceipts. . .689.000 . .724,000 . .261,000 . .512,000 . .526,000 . .209.000 Ship. 1,110,000 253,000 444,000 892,000 605,000 614,000 AVheat, today Dast week . . Last year ... Corn, today Bast week . . . Last year . . . Southwestern Receipts and Shipments. Receipts. ..311.000 . .128,000 . .103.000 Ship. 82,000 91,000 87.000 68,000 18.000 47,000 Minneapolis, today Last year Kansas City, today Last year St. Louis, todav . 97.000 20,000 Last year 20,000 LIVE STOCK MARKETS. Union Stock . Yards. April 18. Hog receipts 27,000; market barely steady; left over 3.600. Light $6.55 to 6.75; mixed $6.50 to 6.75; heavy $6.35 to 6.72rough $6.35 to 6.45. Cattle receipts 8,500; market steady. Sheep receipts 12,000; market weak. Hogs . .11.000 . .10,000 . . 5,000 Cattle 6.500 6.000 8,000 Sheep 4,000 6.000 800 Omaha Kansas City St. Louis . . . Union Stock Yards. April 18. Hogs closed 5 to 10c lower. Light $6.45 to 6.70; mixed $6.40 to 6.70; heavy $6.30 to 6.55; rough $6.30 to 6.40. Cattle steady; sheep slow. LIVERPOOL MARKETS. Liverpool, April 18. Wheat opened unchanged; corn unchanged. Liverpool, April IS. Wheat closed om-quarter higher; corn one-quarter i to three-eighths higher. WEATHER FORECAST. Illinois and Indiana Partly cloudy tonight and Friday with probably showers south and central; not much change in temperature. Missouri and Kansas Showers tonight and Friday; not much change in temperature. Michigan, Wisconsin, Minnesota, Dakotas and Montana Generally fair tonight and Friday; not much change in
JOHN
temperature. j Iowa Rain or snow tonight and pos- j sibly south Friday; no much change in I temperature. ; Nebraska Rain or snow tonight and i southeast Friday; not much change in i temperature.
rovisions
Wire to Lake County Times. HEARD ON THE BOURSE Simmons says: "It is reported that the Cnion Pacific has borrowed ten million on the other side at 5 per cent." I S'eet & Co. Yesterday's market unj questionably reflected decided liquidaj tion. although a rally may take place j after yesterday's sharp decline. The jounoo ior tne near future is for j lower level of values. a T . . . ! us- 11 13 llot unlikely that ; - "Meruay s recovery will ir, further ' We expect the market to continue trofessional in character and on present opportunities for trading rather than for a long pull on either side. A. O. Brown & Co. At present there apepars to be nothing in the situation to warrant much movement in prices either way. Small profits and quick turns may be made on either side. Chandler Pros. It looks to us as iuousu auantages should be tnk . . e . en 01 eer aitacK on prices to pick meritorious stocks. The support up on declines becomes definite every day. On strength today would take some J Profits. This Is a traders market and too much advance cannot be looked for. On decided weakness tho market Is a purchase, and think the ultimate trend is towards somewhat higher levels. The market was dull and featureless today with transactions rather light In volume. The higher London prices were reflected in a firm opening, but traders sold on the advance causing a general reaction. Short covering later caused a hardening but there was no significance In the trading, it it no significance in the trading, as it apepared to be almost wholly professional in character, and this element alternately played both sides for quick turns. There is nothing new in the situation. The banks have gained over $3,000,000 thus far this week on the subtreasury operatlons, but it is impossible to forecast the changes in loans. These may show another substantial increase as the continued low rates for call money may cause further withdrawals of out of town money from the market and these loans would have to be shifted to the local banks. At present there appears to be nothing in the situation to warrant much movement in prices either way. Small profits and quick turns may be made on either side. A. O. Brown & Co. The market completely turned about today and was very strong, the leader being Union Pacific. The rise was due to the excellent class of buying that occurred yesterday afternoon and early this morning. Naturally the rise in this stock advanced the whole market (and the heavy short interest was forced to cover. The market closed today in a much healthier condition than for some time past. We expect to see the rise continue further. The improved condition of the foreign security market and its reflection in London buying here yesterday was a significant feature and possibly the increased confidence, abroad, while primarily due to easier money, was also the result of a belief that the American market was on a more stable basis. A stronger market for Rio Tlntos, and the monthly report on copper metal statistics, had a good effect on sentiment here, and with several copper dividend meetings this week, the copper shares are likely to claim a full share of public attention, perhaps from a more favorable standpoint. Today's market should show an advancing tendency, particularly in such specialties as Smelters, Reading and perhaps copper. There is very little reason to believe that Amalgamated dividend will be changed from the previous rate paid, and It Is Just the fear of this thath as recently caused the withholding of support. Town Topics The Harriman and Hill securities will eventually work much higher and we expect to see St. Paul at 175 before it comes within twenty points of the 75 which some alarmists are talking for It. Reading, Northwestern, D. & H. and Pennsylvania will also do much better before revertlrg to would during ket. march levels. However, we take profits on sharp bulges the present professional marrOLD BOBBER IS CAPTURED He Doesn't Try to Get Away, In Fact, and Says He Was Drunk- Money Not Ilecovered. St. raul, April IS. It has developed that the money stolen from the Union station office of the Xorthern Pacific Express company was a packcge of $20,000 that the Merchants Xational bank, of thi.s city, had consigne 1 to Duluth. The express company has turned over a check for the full amount to the bank. Another thing developed Is that the robber didn't even try to get away any farther than outside of the station. ien he went home and went to bed. wltere he was found by the police, tvdo had been notified by his brother of his whereabouts. The express clerk knew who he was a discharged employe named John Gunderson, and though his name was given to the police they never thought that he had only gone home. The trouble is that the money has not developed. Gunderson says he was drunk when he committed the? robbery and doesn't know, even, that he did rob any one; neither does he know what he did with the money so hp B3YS.
Thursday, April 18, 1907.
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Telegraph News by Direct Wire from All Over Indiana. Evausville. Ind., April IS. John P. Walker was on the stand iu his own behalf and his friends think he mad.? a good impression. Ile told how ho made use of the county funds in making investments, saying that $14,000 of the money went iut; mining stocks on which he realized little or nothing. He took stock in the Golden Eag! mine, the Iiisby mine and the Alpine. Many Kvansville people are interestel in the Alpine mine, ami it was through the influence of Evansville friend that he bought heavily of the stock, lint 'the Money Wasn't Ilia Own. He invested $10.UM in one mine In Xew Mexico and a short time after tills investment was made it was ascertained that the title to the mining property was worthless and he lost all of the .$10.0iO. Walker was president of the Evansville Central League base ball club for two treasons and he sank about $7, in the club. Walker said it was not his Intention to defraud tho county of one cent. It was his expectation to realize handsomely on hU investments and to put back the money he took from the county. He said he had made personal loans to friend and that In many Instances he took no security. Thought Once of Suicide. He estimates that he lost from $8.000 to SIO.ooo in personal loans. Walker said he had Knight stock in the American Trust and Savings company and the Evansville Pure Milk company, but that lie lost nothing on these investments. He said that oi Jan. 1 last he realized that he wa more than $0J.OOO short, and it began to dawn on him that he would not le able topay back the shortage. He said that as his family was protected, hi first thought was suicide, and he had his mind fully made up to take a pistol and blow out his brains. Tried to Keep It Quiet. Walker said he went to Philip C. Gould, his attorney, and told him the whole story. Gould then called in Postmaster Charles G. Covert, John W. Spencer and M. S. Son 11 tag, one of Walker's confidential friends, and they decided to stand by him and try in some way to make up the Khortnge and keep the matter from the public. But this was Mocked because the United States Fidelity Trust company, of Baltimore, refused to agree. HE ASKS FOIl INFORMATION President Wants to Know What Is the Memorial Day Trouble at Indianapolis. Indianapolis. April IS. In response to a telegram from William Loeb, secretary to President Roosevelt, received at the headquarters of the Indiana department, G. A. It., the president has been supplied with all the information concerning the protests of the old soldiers against the unveiling of the Lawton monument on Memorial Day, Tho president's secretary has asked also for all the resolutions adopted by the various posts. The action of Secretary Loeb is taken by some of the G. A. It. men to Indicate that it is possible that the president may decide not to come to Indianapolis on May SO. The president was invited to speak at the Lawton unveiling and accepted. The G. A. It. men were not consulted when the date for the unveiling was ?rt for May 30, and objected to that day because they would like to hear the president and could not attend because of the memorial exercises. When the Doctors Disagree. Evansviile, Ind., April 18. Coroner Laval has rendered a verdict In the case of Josie Gray, bookkeeper, who was assaulted at her desk five weeks ago, from the effects of which the died last week. Two physicians connected with the autopsy attribute the cause of death to concussion of the brain, due to a blow over the head, while the coroner found that she die! of strangulation. Big Mortgage Is Filed. Terre Haute, Ind., April IS. A mortgage for ?10.000.000 given by tha Torre Haute, Indianapolis and Eastern Traction company to the Fidelity Trust eompjuy, of Philadelphia, ha.? been filed here. It covers the internrban lines recently acquired by lease and the building to connect Ten" Haute with Indianapolis and Richmond, Ind. Xew Cnre for Cold Feet. Petersburg, Ind., April 18. Otto Simpson, IS years old, employed as a farm laborer by Henry Resenbeck, near Velpen, this county, having cold feet, took a lighted lantern to be-1 with him. Dnring the night he kicked ver the lantern, whoh set fire to tho rdding. and burned his feet, besides -iriy destroying the house. Favorite with the Veterans. Princeton. Ind., April 15. Captain e T. Fleming, nged ST years, a :'-r:tn druggist, died here. He was :!;.- known throughout t'.ie state, ; edaily among soldiers, wlih wlioa g was a faTorits.
