Transcript
Page 1: Washington Herald. (Washington, DC) 1907-09-06 [p 10]. · 2017. 12. 20. · THE WASHINGTON HERALD FRIDAY SEPTEMBER 6 1907 7 10 r H t MARKET HAS A Sharp In During Afternoon BURLINGTON

THE WASHINGTON HERALD FRIDAY SEPTEMBER 6 1907

7

10

r

tHMARKET HAS A

SharpIn During Afternoon

BURLINGTON DIVIDEND CAUSE

Extra C Per Cent and Increase from7 to S Regular Has Hnoyniit Ef-

fect Failure of Watson House HanLittle nearing on the Street Grain

Are Again in a Decline

New York Sept 5 The mot vigorousupward movement seen In the marketfor several weeks past set in this after-noon and continued with unabated vigorup to the close of the Jay resulting not only in substantial gains fromlast nights closing but In th attain-ment by some of the active leaders ofa substantially higher level than theyhad before reached since the lowest pointsof the year were touched about the

of AugustThe early trading gave no Indication of

the buoyancy which was to mark theclose opening quotations being in nearlyall cues at Decline from yesterdaysfinal figures and the course of prices dur-ing the forenoon was reactionary underthe influence ef repeated attacks by pro-fessional operators

About the end of the first hour a feebleattempt was made to rally the marketon the announcement that the suit againstthe Standard Oil Company had been ad-

journed until September 17 but it wasnot until the failure of a stock exchangehcfuse was announced that the real un-

derlying strength of the market becameapparent

On Short Side of MarketThe house In question was supposed to

have been operating recently on the shortside of the market and on the long skidof wheat in an effort to make up heavylosses suffered in the securities of theHill roads and other high priced issuesat the time of the panic In March Thefailure therefore was construed as indi-

cation of the straits of the short interestand a determined effort was made toforce short covering

This turned prices upward and just asthe movement in this direction began toattain headway very definite rumors werecirculated to the effect that an xtra div-

idend of I per cent and a quarterlyof 2 per cent had been declared on

the stock of the Chicago Burlington andQuincy This rumor was officially confirmed later in the day the official an-

nouncement being the principal cause ofthe great strength developed during thelast hour of business For six years theChicago Burlington and Quincy has beenca rolled by Great Northern and

Pacific these roads owning nearlyall of the U0060060 and guaranteeing interest on the Burlington joint 4s ex-changed therefor at the rate of J3M Inbonds for each fKH share

Dividend Rates IncreasedHeretofore the Burlington dividend has

been 7 per cent a year and the declara-tion of an extra dividend of 6 per centwill equalise the dividends with the bondinterest charge for the period alreadyelapsed while the increase the regularrate of dividend to S per cent wilt makethe dividend distribution for the futuresuffice for the payment of the Interest onthe bonds

There was no change of consequence inthe money market and the Bank of England made no change in Its rate of

and presented a fairly strongfor the week It was said that fairly

large sales of copper had been made atthe new level of prices but the marketfor the metal in London was weak

TJraTn prices suffered a sharp decline onthe announcement of the failure of thestock exchange house supposed to havebeen operating for an advance Thehouse had made a feature of reports onthe crop prospects and these had for a-

long time been of a kind favorable tohigher prices for

YORK 3IUM3Y

New York

Unrest 2S ctosb Z Most of the loans wereat 2H per cent

Time money was offend in moderate nanmu andmet with a fair demand Kate WaSfe per rentfur thirty to sfartj SR for forty dire and Iper cent for five and six montba papercontinued without change the naifcet beta my dulllute fca7H per cent for four to six monthsbills recetrtble ant prove stegte names 7 per centand upward f others

The sterling Market today HW easy with miss atje Urd ys final k L

Rites for actual htaiaea wet as follows Stity48ZB 4Mtt demand 4KUMJM eaaiea-

efffelMBO Coanwrcial hUb were JMtttHK Thesupply of grate and aotta better

New York Sept lOoateg ajaihlliaj af DatedStates rowuaaent

Upward Moven1entS

I

Prices

i

mid-dle

diV-idend

North-ern

n

dis-count ret-urn

Wet-S W

Sept m can at uf-XC1a1g today ot6llfd at prr nut Id

da 1I

tGOER JIH T iOD5

beth

LMeir etP4

days

MmtIk

was

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

<

c coupon II-

3s registered 19883 coupon hOtJs imall bondIs registered

coupon H

Panama Canal 2a raffataraiDistrict of CotanWa 3Jfc-Ibilippia fc

a

II

reialered

<12It1-

n

3Ip-

iJs

A

8

TREASURY STATEMENT

Rewire fundGeld coin and

Trust tan hiM for af

S UOUX M

Gold colaSihr dollarsSUrer dollars of MM

Total

General fmdGold coin andGold certificatesStandard silver tteUaa

certificatesSirrr bnlttonUnited StatesTreasiTryNational baa notesbnbsidiary sliverFractiMinor coteIn national bask 4tf asrarmsIn treaanry of PWrlppine latMMnBonds and tatonat r M

TotalLiabilities v

MBMM

StJUXLSIt-

MS7J3IM1JOLS-

Sl4al l-

M 1749Tfn-MBJM

J U1MJ3Z 1-

7UUHI o

ReceiptsCuttOBM

Internal iMitcaat

ToW peNal receipts mt TiriiiilaHExpenditure

cept postal

EXCCM cf receipts

National hankDeposits under act Job II MBX

July 14

Notes recetrcd Sir earnnt TmnaptliM-

Redcaptiom f setro March 14 rJM-

la M

Phone Maize 3300 When You ReturnSubscribers returning from their summer home desire to have theirsent to address win pleasephone Main

the nilUUIBontitludiuc sail

811

41I4u

i3I34

ISit

441IZS

Iaanote ol

I S1 if

IJIZ

Available

ItIUK KPr

UIUiI JIeaI J ADUllam

fadtBJ

Mdate

5 Jr

city

WINos

aoa et1Mspt

IISiSIrNn

SeER Krerrsn

lkWK00

cask baleen

sensoii it

rsi mmluse4 K

ctre redeemed sul enr setaa o40Ii

0IK0151NSJSL

Seplentber 0

their

¬

=

NEW YORK STOCK MARKET

A O Brown Cobm of Uw New YoaK Stock Exchanffa Monaey-

rMUfnff

Sales to noon irI OO wlmresCall money 11 V6 2

QsotaUoas fllC1lilMd w Mill

low 3Ycshw<

AlravGaalmAin Camam pM-AwaL Camin-Aw CAm Gotten OilAm LocoAm SMettpfa

rlAm Toe pfd

At OOK UMMatte OhioHctaUnwk R TCan PueAaCeaL LetterOboe Ofcto-CM m W-

C M 3C PC X V

c P iCola SCote Sa 1st-Qolo 3a Meon

nMD IID R GDk SeeKrfeBrie Ht-

Xrk M-

X Nerth OnItt Cent I LImt Metlilt Met pMKan Car SoK C So pMI A NMexican Ceatnl-M P S S IM K TM K T pfdXiawwr PadSc

X Y CantnUX Y a W

wNorth AsMctaw-Sortberm PacMe-I Miae MaflIV K R-

s GM

Key I BMockMode laland jASt L 8 V M-

St S W pM-

SovUwnt PacaleSouthern pttSouthern RyTexas PacificT St L A WT S L i WUaton PseMeU SIV 8 K bberU S Steal

ID sOMBBicaL

If

Am

La

I

A

Ut JIM

SSo

N t

I

To

Facile

pM

Pips

IYaW

k

Aa

WeIenAenetI-aAten

Steel

i

Us-a

Nadoeni Lent

11en

Meahg

0o

pM

absah pM-

Wetua Ien

>

SlI-

Me4

4111III

111-

5JOO

6DIW

1JJ11

101IX

itto

tjU8

IDI

IIi

IIIn

UN1M

118iJI

JJM

1

41i10

ftI8

aa

a

70

70

100a

2503Th

0070

17000

500a

00

OS

UKa

klUNa

70

00

=

mldt

7-a54

119-

1II

IIuv

SAl8M

nit

111tMj

MaW

tJJ1R

131

111t

112t

5

lr1Wmi

Ilft

1ftD

R11l

0

31

70401

0114

5442

010

01

0

11

0430I

lent-We

145

0

0K

a4531

1

45

0

31nit

21

Opa

11J

I4

HI-

7

HIM

7

0

74

4

0

IIsa

UIJt

1141Ma

>11

Itun3

S51

lISSYa

51J8

ID4tM

41F4

fiI

lOt

3Mi

LtCM

21

tiHVr

21

II4PJt

IiI

IiflI4

31

ItS

J2It

leer

K00ii45

104

000

414

lit

421t

0

0-Kit

21ilt

0

aSilt

7

tIAi

it1ill-ISW

a

lUsh

7at

4

245-

4a

54a

Law11JIIto1U3

New OrleansOetmher

1pe11111Ir

I1i11-aJ1i3

JUG

11

ssLItmh

31

1141-m

tIm

11-II

11IIIi

INSJti

UIPr-

t15I

4m4IM

15iSi

ISO3f

1Mmi

sit1MJtn

11W4

We

11Mtft

Ii

IS

I

Ill

WIP

11t

0

31

0

21

00

0

a

704a

IS34

45

KSWI

21

410

75

lAw71I9

It

114mi

1 iIi

JIll4

U61ft

0

Us

710

4

Ln1UI

1JI-1i5

114-

iffi-D1iP-

4Utt

114f

11IMl

IQmi

JIm

11J3fi

11-

if

111iI5

1PJMt

SfA

11-

S4

IiSI4

11IW1m

Jilt

254

00

12at

>

010

4K

a0K

170-4a

10

4534

4447

115at

4

21

CURB MARKET

QMUtfam are fwakhcd br K It OMtawin ftCo nieatbetn New York Stock RxdMiiga 0 Bowls

F Meent IMIrUtwMtCMias 70S1i iSO

BHtfah CoL CapperRntteChicago SubwayCobalt Certtml-Cmnheriaad ByDominion Cflppar-

OotdfleU Ccoaonsatod-

GoUSOrcrManhattan Tranatt-MtenMC Odd Mtete-Mtenea Mtete-MoKtoleyDarraffh

ConaolUtaaC-

Standard Oil

United Cawer

CoaL

Green eaaOr-eene

liDIBtJ

I lea

tkn

erseNesada

Trama

Wetetn

=

OlDIe

21

ait-

U

I

WIII

217

1775

1345-

S

4 Mf-iMnten la-

AaKricaa Tobacco h WKi-

Amrrioaa Tobacco 4tAtlantic Coaat L 4i TM-tBartiore and Ohio wM W

Central Pacific M M-

Cbaapeake and OhIo it 1MChesapeake cad Ohio e HDelaware and liaison 4 MK-IXatiOm SmirHkn S WBrie srwral fc WK-

laterborooffa MetropatttM

Ixmfcmlte and Naarnaaissfl feHvYurt Central 4 MK-

Nortbcra Iartflc 4 W-VImMTtraaia 3a IfttI-

NnasrlTMia SVaa MBKcadiac-flontfceni Baflwmy Sa HH

Pa ie Ut 1 miU S S at 9i UKWataMh lilt SK antWotfTB MarrkBd M 4 nWest Shoe K i iit i w

nOSTOX STOCKSarc rmnaWmibr K K

I

New York iaeIIri boul

IL

IILake k

TGtal m UItMa week 811IO

aWMa-Co New Yet Otoch G nteChan a Ja 1

3I11hLt1JOt7t BONDS

2514 maetlse en-

the stock ezebsap-sIiuelaI Jipsalus

K

Kbin

45

lOs

0K-New

K

Union

saks a yenldaylL sad 0570 a 7er ats

Qanten g

mahe 0nensjiss th

>

>

<

Beaton and AHaury

Calumet sat JIccmCopper Kann

Taawnek-TrlBttyUrdted Prrtt-Unawd Saw toddawtTUnited SINe llUtahVictoria

BGIIi

FIt

oeu-sa

At7ntk-flIsiba

a

M-

1470dls NUls-MasitebseettaNatO

pM>

1M-IS

IS

JIJIPI

Iii41

t3

ill

itoWt

0

75

00t

31

AMecL-

U

1DK

c13-

JiV

4U

1314

211

704

10

01

COTTON MARKET

Qootatxxifi famished by MIller Co nwinb rs afthe New Yark Stock and Cotton exchanges sad NewOrleans COUCH Bseaanac BO F street northwest

New York Sept iUraiml agate led UK way

Steely

narkK for aooount of UrerpeoL The trading wason a lOcal earlworked up ananily on general buyIng but sand offnear noun on profit taking AVhtte little natlce tonow siren to the Texas weather the general urn ofcrop reVertS raMMr us are quite gloomy more es-

pecially hi the central portion of the Stale andthere b no dcnbt that the tate will Ml behind theput season by over a Million hair Other sectionsare doing nonecm an adequate for WM8 and all that fa

early killingfrost Public apathy will be ante to give way toarthe participation Mb Cia today eMhmted thecondition at US aaaioet 718 a Month ass Themoment is glow trade w good and crop has

Ma Wet all ef veldt sbtmldhelp price

Lhcrpool hi tee 7 kKccr

a ood Morta in that market c miogID1UI osders betac reeehfJd In thN

flea ht tile tkJ priceS

well for tbQ8e who artcrop

DOW to lwoden ixcaIsUen

Utema

Sew York

1

with 4504wbuying

ani

My

needed Is

tndosblselIy

0etiD-

IIerJrJDens

aliJU31Ui

011j IIIlWJtJ8

J1iI

JUlaI-Ue1na1lIIII1Ul

3 p at

1D1St

Ito

Spot Market

Orleans

N rft77Vrp-hia

AIIIIfIt-

aIaIIIe

25eL0Cbsdeina

tiebatV-

Boen

low

POsatnash-

i 1ooin-wn

at-

UII

1tu70

ilti

ls181m

3sI

OS

10

3215K

a

sakUiII

4Uii

14m-IiJ31Uf3UM

3UM-li1219foil

IN11V-41i

4H

Price sa1sa1

119-1Ui6

313 9l1UQDVr

U2331413

33it

3

I

m

51

60II

710-

10I

Strangers in Washington will find desirable rooming and boarding houses adyertised la The Herald

¬

Banking Circles Not Sur-

prised at Watson Failure

BIG BOOM IN HILL STOCKS

Burlington Dividend Sends NorthiKsue Up Smelters null Dcln

Tare ansi Iliidsoii Mao ConspicuousIn Advance Hnrrimnii ARiiln Re-

ported to Hare Lost Control of U P

New York 6 The Watson failurewas generally considered the most Im-

portant of the year but traders who soldstocks on It only got another reminderof the theory that it is inadvisable to sellstocks on news which may welt have beenanticipated in banking circles Thatprominent bankers knew the failure to baimpending is at least a fact and In themost prominent financial circles the effectof it had undoubtedly been carefully

and discountedVery likely it caine more as a surprise

in coffee and grain houses than in bank-ing quarters in which the solvency ofthe houses is closely watched

Those traders who sold tho Hill stocksin the belief that the Watson failuremeant the liquidation of big blocks ofGrt Northern and Northern Pacific hadan unpleasant experience for no suchliquidation was forthcoming nor is anylikely

The accumulation of a short interestin the Hill stocks upon the announcement of the Watson failure was timelyand fortunate for those who bought themon rumors of developments In connectionwith the Burlington tel the covering ofshort contracts proceeded rapidly im-

mediately after the Burlington dividendwas announced

The spurt in Great Northern andNorthern Pacific after the dividend decla-ration with Great Northern gaining 3 13awl Northern PacIfic points

the street of the oldtime move-ments in Hill stocks and was aboutthe most encouraging movement since MrHill cut his melons last December-

In the Hill following there was a feelingthat the extra Burlington dividend andth increase In tile regular rate of divi-dend marks the planting of a new Hillmeton patch

Im Union Pacific there were transactionst 171001 shares stock supplying

more than 25 per cent of the transactions-as OB many days of Tlo shareswere as strong as they were active scor-ing a net 175 points but neitherthe activity strength was compli-mentary to Mr Harriman Both werestimulated for the neat part by reportsthat the control of Union haspassed from the Harriman party to othor

The reports were a revival of a storyoften beard in the past two months but

attracted g eater credence than everbefore

Apart from UM Hill storks and UnionPacific Smelters and Delaware and Hud-son were most prominent in the advane

Smelters with a gain of 211 points re-

covered practically all of tbe loss of thepreceding day Delaware and Hudson advanced to 157 and closed at the top witha net gain of S1 points

The stock has gained ten points in sixtrading days and there is said to be stilloutstanding a short interest which wasthere before the advance began Techni-cally the position of the market lookedweak to a majority of traders in theearly dealings today The London mar-ket has been dull and heavy and therewas an impression that the market weakened by extensive snort covering of pre-vious days of the week would be furtherweakened by realising sales

Many lines of shorts were accordinglyput out even before the announcement ofthe Watson failure The action of themarket subsequently gave many brokersthe iropres ton that banking Interestswith an advance knowledge of tbe failuretook stops to support the market beforethe announcement and had the ma-

chinery in good working order by thetime the chairmans gavel descended inthe exchange

GRAIN AND PROViSIONS

Quotations tarnished by A 0 Brown Co mem

bessel the New York Exchange and Use Chi

easo Bowd ol Trade Munsey Bofknag-CWe o Set 5 Vheat had K attMttial reC-

by as a resell of a In the exportand of a Moderate reaction in the

forrimi markets There was selling later both of

by mirceUaneoos hen here Tbe early eabfcthat the Berlin Market had caUapMd was lwito be but a Moderate unction of 1 to tt eratst-

oWowtoR the big gain of M cents FriuayPhiladelphia is the chief claimant of foreign skitoday The Minneapolis market ha been relaUrrfrweaker than this Contnunctorr reports concerningthe tew wheat Weather continues needy and coolla tbt Xorthweat blat m indications of furtherfrost There was a large speealaHi trade todayMirwacfce is reporting targe export sates of flour

vales USCM bushels lxwrd S loadsTrade toi com was enoramm Dips stimulated re-

newed buying and btdes greedy increased the salesT areratures in the corn belt low but a large pertof the trade m to Itelfere that titer notnecessarily unfavorable Xo signs of frost althoughthe teaperatnrcs all over the belt were far brtw-nomal Some of the larger local tones soW amcorn to take profits the Northwest also sold and

grneral public seems to haw bees acre or lessin Its views and to hare sold as rode at

least M It bought Local cash sales 1S66M bushelsseaboard sales 11 loads

The oats market was tight as a result of con-

tinued covering by shorts principally country deal-ers who Sod that their grata win not grade con-

tract Leading here hive been credited withfnrther sates of SepteMber and buying of MayOther cheater Interests have bought and sold in a-

way to indicate a general pressure OB the marketsales HMOQ iuiliils

WALL STREET NOTES

I

I

cst

Sept

con-

sidered

4 34 re-minded

the

late

cain ornor the

Pactcband

tINy

Stock

Ute passebecause

ea and t1Itarn br the torekans alllo much VAheading

last

eMIt

are

tilt

Loesi calk

that

ifraM

since

1oo

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

<

HHBAT-SepiamberDecemberMay

CORNSeptnaber

May

flttafHi T-

DeasaahtrMay

LAID

Ootatnr

OATS

JrrJ-UBOor

Dmabor

25er

Old

1IN

9ue

sn827

0silt

0sit

WI0

80

nw

63Ii

s1-

9Stoo

sn

54101-loS

sK

Low

UH

64

ro53i

5Sfa

SiUi

91

80

80

Cloer-

ro

r61

Iist

900918871-

86i

WI

10

857

New 1WIIBATWeaker fairntw o 2 reel f e k Ml Na 2 herd f o b1JIH No 1 Maeareni f o b SI No 2 macaroni

sates 31 toads largely No 2 red No 2 hardand macaroni

OATS Steady nera active Bfcrator prices Nowhtt H No 3 white 06 No 2 mbod 5SU

The prices for fnutras followYestcrdaTs

York Sept toil

winter

>

VIlKAT

aJ

SteabarT-heonberM

Cole3sptherD-eeMber3717

OpenS

lIh1f-s1nii

IIItkJOlt

122

1

195

Low1tm11f

LII1812

111IIS

clot eI-1tS108

iO1i

112

704

WASHINGTON CATTLE MAHKET-

CATn5 Bxtra per cwt SSteSta batcher C30-

BSil common ZRalOOHOGS PerVcwt gross 6Ra7G3 ordinary 600a

6JISlIRKPCUnped 3JlaiN carnmen 258o30-0LAMBSSpriBg choice 7 7 raedhua

per lb 3 raedkm 7a715 roiaU4H-

COWSPrtme fresh each 4Ofc5Qa commoneea 03 old and dry OOa

GlhCAL Prime

too

J

WASHIJfjSTON STOCK MAEKET

call K oclock noesCapital Traction fa at 1MX 1 0 at l tt-

Va1iingt m Railway and Blectric 4 1J at 7K4-

Caiiital Traction 91 at 131 9 at 1

Greene Canasta WO at 11

Mitchell Mining MS at M lOupe 6-0Mfteda National Bunk at IJaMerchants anti Meehanies Sartisgs Bank at UKAfter callChesapeake anti IotofMt Tf tophoiw SI

at 68

Washington Loan suit Trust 2 atLiMon N8 UK KX at UH K t J t-

Wathlirgto X at 71K m t Hh0 10J at 714 OW at W flT r 0at HH 0

Mltenell SHnlng 9 at SKThe following are UM elostes quota tt a en yesUr

sleek eadianRe v

ONDB

Bal ntttllar

7 at

I

at<

100

1170

V30h103ulj 55 TIlt

31

4

40

thee01 IN

days

ritlllpnine LaRd Pwrehtwe U-

Ufetricf ef GoftmUa MfcCAS DOD

WashI

I

l4Os ecu 5

RAILROAD BONDSI

Capital TracttoG is-AmcwUa and laCity nAIl Swtmrhan isColumbia seamed mertfface le-OernrabiMetropolitan 5sWashington Railway sad Electric U

Pot

0

Capital TractionWashington Railway aad KtectricWashington Hallway sad Ktectric pNorfolk anti Wa hi gtoH Staml iiat-WasUnalon GasUaoraetnwn Ms-Cbesapeake and 1etonGreat Falls and OU D

COM

Telsmhsno

m

JJt2i-A1I

UI

300

15

1070

010105

II

2

a1050a

01

7070

FlRIt IN8URNCS STOUC

CutiMihii-tOomnerdatCorcoran

QetMeaAMtrfcM-MctxotMittas

ArIIDtItDa

I

1IssiaensFlanKS

Naiteeno Cal

loinac1-11am

MdaVU Dahar-HCsurer ItchGreat BendKM Ben

AtlantaHaa v-

Diaaaondttd BhMkTriangleTranrrM Cfield BarJon B Uw-

OohteN Sceptre-Gibrartar

Cobalt Contact

OoldSsSdC f JI

lope

It

IeMIIda

ColMsesdJ-

enibe Ealsaulee

1aa

Adeon

RennobV-MeeHasR

7licElWDsiseih

IM1IItiUIfi

IN

M

145

017070

35111

755

JII35

11n

ISM

72

0IM-2J

mf1

S95

i

S

35K

70

1-5a

TrrLx I STOCKSCnhiMbia TttteHeal Ire Tide

a Titi

835

MIscSiILAXXOI31Southern Pahtte Sentea Oarp-

Utanhouhans fuumm-Seeutty Storaa

MarketFidelity tftoraa ClM nyesshanu Tiaustar and Hangs O-

Ex dtridend

tlTapbUshue COS

win

11111

3455

10

N

R

M

I

D

31L

245

2-1lt1

31

0510

000000

027St

AktIL

414

life

mBi

I n8CBLTAXBOUS IJdNrJSPotomac Blectrie Light StNorfolk and Wahtaat a StaaawMt-Chotapeake and Potomac Telephone feWashington Market let fc

I

litK 1

IS

145

STOCK5Iii

is311on

a

TYPE MACUIKK STOCKSI

MargMthater Uwotny-Laaston M

I

MUtING SPOCK8Graene Cananaa CopperMitcMI M1

JC

NATIONAL hANK STOCKSI

AmericanCapttal-Xatioml City

CoMMrrcia-lranaere awl M-

SwoedTradersWaahtegtonWashington Xxehanga

ItoKesbM

MetzetelIan

flesh

>

American Security and TnwC-Nattowal Savings sad Trvet OUnion Treat CoapanyWashington Loan and TraitWaabtogton Sale Dei-Unia Trust warrants

SAVIXG8 BANKlists Saficgs a

jtoiikKedUslon lsuk-

Mntdsststs aa4 Itecheabs Sating

00Me

it01

175

>

9fj4IJ

TRUSIT COMPANY TOCI

a11

iiJf1J

m35

01

33a

70

5

70K

0

VG STOCKS

QnotatSMi as tain hy Irrtog K PMrinntoaof lbs New York F

chaos a Kst9MMai mmy 9 U Bond

JII

0 Xx

IRkI

1 isas

11I8IIft

Iin

II

JJII

81

ItIi

3S

1-Su

aK

S

K

31K

15

fleQs cents per ehnNotCH on mining

The and ContUnntion ndors and this Canbtnaijoa mfll of OokUeld are stOl shot down as s-

rasvlt of the wmlkovt of the miners and MIll handsUM uottbte has not yet spread toether SMBBS

and teases m the dlrtrirt k Is feared there win be

mK reached soon The action of the mteexg unionin rejecting tile terms of the ocaaproae ever thechange nxm y eM of the Mohawk sIgned bf theEarners oDw ilUc after a conference wIth Ute ConftoUdated oildals te gooumlty regrettol It is

fact rejecting the compnwucc an uhis tuwas served en the ooMpany dwaandtoK that in addi-tion to the naaedeUng ef the dusts TOOK the

Federation of Miners be given absolutejurisdiction orcr aU men employed IB or about allthe mines in the district

the regular tIns of th Miners mien did nottake place the ample annmncement being undo atthe el tbe meeting that Uwnext mow was upto the company-

J W Finch general manager of the GoWfieM-ConsoMdated Mines declares that no More conce-ssion will be made and that the amen mat liveup to their agreement signed test April in whichthey accepted the change moat and the employmentof watchmen who should be neutrals Mr Khichmade the s dflcaot remark that the miners moatdecide to op to their agreement and reach thatdecision oatokly if they desire io return to workAs the next regular meeting of the union does nottake place until Tuesday night fc is hardly possiblethat any settlement will be readied before thattime

LOCAL PRODUCE MARKET

Prices quoted are wboteaaleBUTTER Demand moderate and market steady

sooonds 2ta3 prooeas fancy Z3 a t dairy choke19a30 GOOd H store packed fresh MaH-

CIIEESBNew Yort State factory largemi do Hnall UHa sam w llalS Westem factory now choice HfcalS do fair to good11 Virginia 11-

EGGSVRectipta moderate demand actirefresh Virginia 23 West Virginia and South-

west Virginia 21oS Tennessee 21aS North Caro-lina 30

LIVE POULTRYReoelpti liberal marketthickens 17alS do snail 17 liens 13

roosters 7 docks huge IteH do small Satgcrao laS turkeys Urns per Ik 12 do hens 13do thin 10 k au10D-

RBSSBD IOULTRTnwehils lIght marketsteady Turkey hens unarawn per Ih 16 doaiorage andrawn lieS do this W oW tons 13chicken large 17al3 hens choice 15 roosters9 ducks old 9aM spring 13sH geese

DRESSED MEATS Caha full dressed 900beads off 80090 hogdressed calm 899 hamcountry suc reured 1U2-

CVEQBTABLESlotatow per barrel borne grownLSaUO sweet potatoes 3MaiOO yarns IMalOOcabbage per barrel 50 cucumbers North CarolinalOOnl50 lettuce homo grows barrel L68aL33onions Maryland and Virginia per bushel 7Sa90do and Virginia per barrel 2J8a275string beans green per basket LWal23 beetsbunch 3al cantahxipcs 28a4fl

GREEN FRUITSApple loose packed LOOal50peaches per LTaaiOO do common 75alO-

OSUNDRlBSBe waxf tallow 5aK4 honeywhite Mb new 13 do do 2lb new 10a2 ginseng per Ib 60MM seneca per lb 49golden seal iOaiS pink Mall mandrake ZaS

35

flRAINWbeat choice 90aS2 do fair to good75a78 do ordinary 7Va72 rye GOntf corn shelledwhite 63a61 do yellow RM1 do ear 32Jai58oats Western white No 2 SlaS do mixed

HAY AND STRAWTtoothy choice 3ail2100do No 1 1300n300 do No 2 17M WOO mixedhay 1600al750 straw rye perbundle 1109 do do machine thrashed 6JOo675do wheat 650

WOOL AND niDESWool market steady hidesgenerally dull Wool washed free of per lbS3 do unwashed free of burs 26 do burry 23Hides green per lb 3 do dry hail Sheepskinsgreen each 90aLOO da dry each 2327 Calfskinsgreen each 135

October 1907 JlQBicpibW the fiatt

I

Mohawk

a ol OIWftUoa If a smttkenent ill

boo

lierM the Men bidir achkoed ill rleor of thetact ill

Western

The raOft of the densande at

close

Western firsts at

13 b15

quie-tS rl1lg

SaiL

box30

snake-root

Sid

1S00a1900 doter

burs

8

While

g iw1 ensoa

were

eapeted

lire

Creamery ann 275433 24

large

Near-by

Maryland

doter

¬

¬

¬

¬

¬

STOCKS STRONGER

Better Tone Evident on tileWashington Exchange

GAS ONCE MORE THE FEATURE

Active Dcnmml for Shares AmongIlrokern Who Have Xot SupportedIt Hitherto Capital TractionHigher Lake Tralllc fur JulyShown Moat Gratifying Increase

Decided improvement was discernibleIn the business of the Washington StockExchange yesterday Tliougli the aggre-gate of transactions was not large theywere welt scattered over the list Infesti-ng that with the return of the fallseason and the coming back to the city

f the brokers tone of affairs isstronger than for several wfceks at thesummers end

Washington Gas was the feature of thetrading though some of the transactionswere in options Sales were at 71 14 withthe options about onehalf point netabove that It was noticeable that demand for the shares was distributedamong members of the board who havenot been hitherto connected with theactive support of this stoek The de-mand yesterday seemed to show thatothers besides the coterie of young brokers who have been behind the movementin Gas were becoming interested Theprediction was made again freely thatthe stock would sell at SO within twomonths and everybody was in a bullishmood with reference to Gas

Capital Traction StrongCapital Traction shared In the upward

movement or prices contemporary withtho opening of the tall season Tradeswore made at about four points npfrom tho slump of two weeks ago

Lnston Monotype came In r a gooddeal of bidding although no one wantedto venture more than 12 1S There wereofferings of the stock at fractions abovethat figure but the brokers having ordersto fill stated that It was the limit ProbaWl tOO shares of the stock could havebeen sold at the salon price and an equalamount was freely offered at higherprices

Dank shares and bonds anti other publicutility stocks recorded small sales Mitchell Mining sold again at 2 18 somethingabove the Xew York quotations

A K PnrriM In IlnrnenfiAlbion K Parris the Fourteenth street

broker was on exchange having justreturned from his vacation which wasspent on the shores of Rhode Island andm the Green Mountains Mr Parris

in the best of health and statedthat h had enjoyed his outing exceed-ingly well

StttisUc gathered by the Departmantof Commerce and Labor show that thecommerce of the Great Lakes for tilemonth of July Increased over that of thecorresponding period a year ago about iper cent Trw totals were 1109SS7X nettons for last month Rates on wheat fromDuluth last month fell away on accountof the strike to a minimum of 1 cent abushel and toe volume of traffic

over the same period last yearmore than SO per from somethingover toro bushels last year to nearlyitSXGG bushels this year

COMMENT ON MARKET

G Bowie Chipm i of K R Chapmanthe news as well as In

tuatkms todays session excelled hvariety Opening weak It declined fartherthou after a period of dullness the listbegan to creep up to run into buoyancyaround the closing I cannot look uponthis last rally as other than frightenedshort covering particularly in the Hillstocky and Union Pacfnc and whilejudging from appearances it will prob-ably continue tomorrow morning shouldthis be so I would advise takingThe failure of a prominent Western stockexchange house failed to affect the mark-et It may j rove that some of theshort covering later in the day was onits account The passing of the dividendon Metropolitan Street Railroad stock isalmost an accepted fact

Benjamin Woodruff of Post FlaggThe failure of Watson Co a large

and well known house and the dividends-on InterboroughMetropoUtan stock wereunfavorable developments In spite of theseincidents there was no long selling tospeak of and what little pressure therewas this morning came undoubtedly from

bears This afternoon we hadresembling a bear panic with stoop

advances all long the line Too manypeople are seriously hurt and too manyhave been actually crippled In the latedecline In prices to encourage any hopethat we are going to have a bull marketand I feel inclined to advise selling stocksfrom this point on scale up for atbest we are bound t6 a long periodof dullness-

E W Crew of Henry Clews CoWeakness In the London market for

American stocks was occasioned partlyby the advices from thte and partlyby the further bad break in the metalquotations This is one of the worstfeatures the v stock market has to eonfind with There Is no evidence that theconsumer of copper metal is willing toenter into longtime contracts with theproducer notwithstanding the break Inquotations and well informed people

predict that 16 cents wlftl have to boreached before any terms will be agreedupon The demand for stocks in the loancrowd after the close yesterday denotedan increased short interest and on anybreak in prices It is calculated that moreor less covering will take place

The director of the mint purchased100000 ounces of silver yesterday for

at the New York assay officeThe price paid was 6S601 cents per fineounce which Is slightly lower than therate on former purchases

NEW YORK PRODUCE

Yew York Sept 5SUQARThc TWMesupply of sagar sj cabled bf London Is LSKMQ9tons against 2000900 tons same time a year agoTho London market for beet sugar was steady andhigher with September at Ms 3d and October at103 2ttd The local market was steady with cen-trifugal 06 test 302 Bweoorado test atand molasses sugar K test at 306 Reined sagarwas quiet but steady and unchanged

NAVAL STORESRosin was firm at 425aUO forcommon to good strained SpIrIts turpentine steadybut quit at 57 asked Tar held steady at 659a75for oil barrels

BUTTERRecelpts 5532 packages The marketadvanced this morning cent on creamery specials

EGGSRfcelpts 10963 cases Fine eggs are ranchfirmer Western selected 22sSJ

MILL FEEDFlrm fair trade Spring bran Xlb seeks to arrive take and rail 2S60 mhWHng27W city 2LOO in bulk Western ml dogroM to arrlrc-

CORNWcakcr small trade No 2 eiamtor ItNo 2 70 f a b No 2 f o b cutely Septewber70 No 3 yellow 73H No 2 whiteS 7L f o bExporters took 2 loads

FLOURFirm bet quiet Spring patents 5JOa575 spring clears 4Wh448 winter straights 431s450 winter clears SSOailOf Kansas in a e pat-ents 475o500 straights 450att5 dears 135aLlfl

RYE FLOURFinn fair inquiry 475a51-5CORNlIEALStrong but Quiet Kilndried fer

export 360a365 coarse meal in bags L32aL33

I

Coca

the

lit

the

ap-peared

cent

J CoIn flue

Mol

but

the

ahave

side

worlds

at 88 34

44

12

Inn

llA

In-

creased

t

some-thing

free-ly

de-livery

1Vcak 5U77l71Utr 1tciptt 77tQfl5

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

r I FIN NCIAiFINAUCAL

Prudence and ProgressAre inseparably linked in the history of thegrowth of the Washington Loan and TrustCompany

The permanent progress made by thiscompany is largely the outcome of the prudence shown in its management No questioncan ever arise as to the safety 6f fund intrusted to its care

INTEREST PAID ON DEPOSITSTHE

COMPANYCspltal and Surplus 16 0OQD

JOHN JOY EDSON Prasldent

WASHINGTONLOAN TRUST

¬

¬

Prim timothy 189 1 JJfclM No 2 LOkLM-Xo X Bhif-

llSTRAWDnH and Long rye HK-

BEBFSlendy Mi iHtndar Family USWLOOpacket ILWalU-t1OKKhmeUra unchanged Mesa l7tlfamily IMi-TALLOYMarfeet deW City te hesaheaaa 6

LAKDQotct Irime Western 145 city 8J5retool oattttMat 9M South American WM reflood Brazilian kegs 1LC9 cIty steartae lilt Olio

PINKERTON FUNERAL HELD

Men Prominent in All Walks of LifePay Jnwt Tribute

York Sept 5 The funeral servicefor Robert Allan Pinkerton whodied at sea on August 12 was held to-

day at the First Reformed ChurchBrooklyn a few blocks from the Pinker-ton home The large churcbmras filledwith mourners comprising men promi-nent in financial business political po-

lice and sporting life and never beforein the history of Brooklyn was there sucha vast nail beautiful display of floraltributes at a funeral

Three vans were required to carry theRowers to the church The coffin wascompletely covered with the floral offer-ings

Among those present were AugustSenator P H McCarren exChief

Drummond of the United States SecretService Phil Dwyer Patrick SheyDavid Gideon George Consfdine Kid Mc-Coy and leading police and expoltee of-ficials from this and other cities

ANTWERP FIRE STILL RAGING

Striker Believed to Be Responsiblefor Sprcmr of

Antwerp Sept 5 The fire that wasstarted last night in a limber yard bythe strikers is still raginG and threatensto detrOit the entire timber dock and alsoa block of buildings Ahput midnight thestrikers sot Are to two warehouses andthe whole city was Firemenhave been summoned from Brussels andGhent

The area of the tire is known as theFernandianas Polder Timber Sheds Theycover sixteen acres Constant changes inthe course of the wind helped to spreadthe names especially to the northward

A batalllon of 4 9 engineers is engagedin pulling down lumber stacks In an endeavor to cheek the

The later threatened DC Clerckalley the Rue dEckeren and the timberstacks hi the Kattendyck dock

Five men have been arrested on thecharge of Incendiarism-

It is believed that the insurance com-panies wilt refuse to pay the losses

WARRANT OUT FOR PRIEST

Father Cnroncs Charged with4OOOO from Snfe

Rome Sept S In consequence of anapplication by the superior of the

Qrder m Rome the Kings attorneywill probably tease a warrant for thearrest of Father Carones who is chargedwith having abstracted 49090 from thesafe of the order

Father Carones went to America 1nApril last taking the key of tbe safe withhim After waiting several months fortie return of the key the superior of theorder had the safe broken open and thetheft was then discovered Father Carones te now a missionary In Oklahoma

JUDGE FORT NOT TO RUN

Jurist Makes Xo Effort io Head Jer-sey Republican Ticket

New York Sept his arrival homotoday from a trip to Europe JusticeJ Franklin Fort of the New Jersey Supreme Court made dear his attitude inconnection with the movement to makehim the Republican nominee for governorof New Jersey Prior to his departureearly in tite summer Judge Fort declinedto

My present position is OOP In which-I am contented and happy I have no de-sire to give It UP and shall do so ifcalled upon to make the sacrifice withregret although I shall not hesitate toaccept a nomination for the governorshipif It comes to me as the unsolicited actof my party

New Hampshire Dny at FairXorfotJcr Va Sept i New Hamp

shire celebrated today at the Jamestown Exposition a reception atNew Hampshire Building this eveningand a review of a military parade byQov Charles M Floyd this afternoonbeing the features of the celebration

DEATH RECORD

Will C Demrth Auaeastta Road 46 yeanJwHan R Pnct TB D st ne 17 ymca

F Menace S lIsle st nw 1iJcauia Garteer Pnorktene Ho p4tl yearsJoba Wanes 116 Jefferson it w H yearsRobert W Bdwards 412 Ttk at sw 1 yearsRile I Sherwood K2 Hi st sw K yearsCatherine Ihwke 1317 12th st ne 53 yearsiMbelbi F Hriiman JSM t w T7 jwarslimb Dmnin Goft HOHL IMBIM 79 yearsMary Crawford fl Prewoatst Ann 8S yearsSetftrtg Tensors Ort llosfA means 31 yearsMary A Hurley US Ui C yearsAaaa Siegnarrton M 5th st irw 41 yearsPauline Rocca F w S yearaMary 413 1 st sw M yearsMary V Moffatt 7 Va are w 4 monthsDoUbt M Harry Pierce MtH road iAfeyafcts lUnbran 7 h st ne S MonUwcatherine C I eh 3M St ne M ymcaJohn W Jeffriea ChlWrena Hosp S wontteRoberta Leawan SO It st nw 5 hoars

COLOREDAndrew Co toe 41 Fenton place 24 yearsMary Dr MH t nw II rearsCharles R Dte 111 Scbotfs alley 1 yearFannie 31 Jehnwn XtS M st rw 0

A Garner Thorapsoas Bridge D CChecks Jones Sath and Calrwt its mr S yearsWm Haaklna 2CS Rrightwocd areMary Jones Oarneid hose 45 yearsBugs lliytor BwcrgenQ Hoip 23 yearsCharles Johnson S22 8th st nw 7 raoathsMartha neaMnt 619 L at nw 2 mostha-

Lawswi Tl Defrees st DW M days

MARRIAGE LICENSES

Thofflaa D ThoHjrjsoo 21 and Mary M Crawford29 ReT John T Huddle

Edward M Boyle 31 and Bertha D Stole 21

Rev Julia II BurkeJoba W Anderson 28 and Below I l msee 17

of Alexandria Va Rer C IL KJeharAsoHCharles T Montein S of RiekiMHd Va and

N GattirigBt ef Hafght Va Rev J BMoLanghliH

Howard 11 DalzeJl K of Phikd Hb Pa andKatberyn N Depew X ef Manasas Va Rev

M Notirnefinish I Hendrh 25 and Cora Yeuots 23

both of Cross Roads Md Rev W L LimaCharles I Fkiptoe K sod Rout L

Rev J B MclaughlinClyd M 31 and Ruth B 27 RCT J

McLavehttoHarold J thaI 22 and Edith J Topper 2L-

Bcr Richard I SUplcy

weak

go

Newthe late

Bel-mont

Flames

illuminated

nAmesflames

Tak-Ing

irs

9h

I

i titSID

n

ftkMo

t-Will

yeaS

lleatr6

5

LCarpente-

rsel Ross

j

es

l

ifs

1

Carmel-ite

iOn

commir himself

C

the

vat 00

K

OS

months

21

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

¬

<

>

To open a savings accountwill prove to have teen one ofthe wisest actions of your lifeand you may begin it here-with as little as i

We pay 3 per cent interest-on savings accounts and solicit commercial

7th St and Mass Ave N WBRANCHES-

7th and H N E436 7th St S W

Total Resources More Than TwoMillions

Large and Small LoansThese k BO loan

District of Columbia real estate These hnone too small if It is J5W or war If yenwant money and can offer real Mats se-curity t m show yon bow promptly I-Mnj on ywr Application on what

records Reeordera twilt dfeekwe the large number of IOMHwe wotiatinz from year 10 year A

Swartzell Rheem 5Hensey Co

WARNER BUILDINGm F STREET NORTHWEST

Bankers and Brokers30 BROAD ST and WALDORF4STORU

NEW YORK

Wires to All Principsl CitiesWASHINGTON OFFICE9

MUNSEY BUILDINGPhones Main gJJM-

cabffiKrr York Stack Eictsap aid Prwrfjjl JIT

Capital J1000000Surpluji O4

TransmittedCABLE

Drafts issued direct on prin jpal cities of the world

Exchange and soldInvestments Collections madeStocks Bonds bought sold

Q NationalKiii BANKPa Ave Opposite U S Treasury

Dont LeaveF-or travel in America or abroadwithout having us furnish youwith

TravelersCheckso-f the American Express Com-pany These checks require noIdentification Safe and conven-ient

CTIssued In various denominations

THE TRADERSNationar Bank

GOLDFIELD ROANOKE

Is now at its buttons piN We strongly recromcod-hs purchase for utcif Jiate prodts

Irving K Farrington Co

Bankers and BrokersSpecialists in Nrra U Securities

37 WALL STREET NEW YORK

Bond Building Phone M 3dWashington D

listed raining shares carried in JtoH wetDally Market Letter Free Upon Application

LOAN COMPANIES

602WHEN IN NEED OF

CAPITAL LOAN COCan and Will Help You

We loan money on Fnnitnre and Pianos at amiairanm rate of interest Loans with other oompanies paid OIL and a larger SUM adrancvd at alower rate than you are now jayius

602 F Street N WESTABLISHED 1373

HECKLER PKOBAB Y WINS

Deposed Ilcurlco Treasurer Snld toHave Been Elected

Sprdal to The Washington HeraldRichmond Va 5 According to

incomplete returns Heckler the deposedtreasurer of ilenrico County was selectedfor that position today by the peopleover Frazier the Incumbent

Sheriff Solomon and CommonwealthsAttorney Wendenburg were also defeatedBoth were united with the Frazier ele-

ment Wendenburg prosecuted Hecklerat tho time of his deposition

Hecklers victory today means hisdlcatlon of the stigma put upon himvthe courtln ordering his removal frozeonice

The official returns have not yet beenreceived Hecklers majority will bd small

Believes In MurphyDublin Sept 5 Richard Crokar In

speaking today about his Intended tripto New York in November reiterated hisdecision to take no part In polities Haexpressed full confidence in Charlie Mur-phy as the leader of Tammany

I

accounts

Home Savings BankI

SIn

too for soit It is

teeare

the t ciunjanies

III O

Private

J

n

MONEYi

Letters Credit issued

10 Skvcf

C-

AD

MONEYTH-E

I

Sept

1J1

bY

C S

large usseeane4 en

tflo we on asks it IfThe of the

<

A0 0 BROWI

of

U

t

¬

¬

¬

¬

¬

¬

<

Top Related