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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Sept. 10, 1908)
THE OMAHA DAILY BEE: THURSDAY, SEPTEMBER 10. 1903. B . V-jstf st... -a iasr sir,,.,. ,x .is, What la the use of denying;; the whole world IS stock gam bling. It should not be so, but It U so. Senators and ward politi cians, bishops and curates, judgfs and court criers, lawyers, doc tors, tinkers, tailors and newspaper editors and all-round star ' gazing moralisls. and. and, and their mothers, wives and sweet hearts, and Faro Jim and Race Track Dan and all the gang. Some belleye that tha whole world la not stock gambling, but I, to whom they all come for a "heart-to-heart" ''don't for good ness' sake give us away Investment" know that broadly speak ing all the world 13 stock gambling. And why not? The age Is ft dollar age, a give-mensa-and-comfort-and-luxury-and-glve-lt-to-me-quick age, and the only respectable short cut to quick and easy money Is a stock gamble. The bishop would not game In stocks or In anything else, but his boy IS at college and his daughter MUST be brought up, and while he and his good wife have all and more to supply their Individual wants it Is their duty "to invest their little fortune to the best advantage." Red Mike Is "dead on to how the trick was turned that shot Morgan and his pals to the top of life's ladder and It is good enough for his swag all right, all right." From tha indolent rooster on the top round to the one glued to the rung In, the mud and all the In-betweens, they are all gambling in stocks. Few call their act gambling, but to us who have the hopper end of the business, to us who look at the hopper's contents with un shaded (lasses, we know all the "Investments," "speculations," "fliers" and "business ventures" bear the same tag "stock gam bling." "something for nothing." When the Philadelphia High Church public purist was confidentially told that Harrlman was to Jump the Union Pacific dividend to 10 per cent overnight and he purchased 6000 shares at 160 fwlth hts earthly all, $60,000, an margin; and when Union Pacific Jumped to 196, and his $50,000 turned Into $280,000, he knew he had only been investing. But when Union Pacific afterwards dropped like a bolt from the blue to 100 and his $180,000 had disappeared in pale yellow atmos phere, and his Investment was a vacuum Into which had been sucked all the funds of which he was Trustee, the coroner found pinned to his suicided remains the truth tag: "All that remains of a gambling thief." . . . All the world DOES stock gamble, as Is evidenced by the un blotable public records, which show 1st The industries of the American people are represented by $70,000,000,000 of paper tokens, stocks, bonds, which are "dealt In" on the Stock Exchanges. 2d The purchaseand sale of these paper tokens each year epresent the employment of more money than all the manufac turing, all the farming and all the transportation business of the American people. 3d The amount of deposited money In the banks and trust companies f America which subsist directly and Indirectly on the business of stock gambling and which represent the capital and savings of the American people, is far greater In amount than that employed in all other business. 4th The amount of money taken each year for the living ex penses of these directly and Indirectly engaged in the business of stock gambling, not a man of whom is a legitimate producer of anything of value to his fellows. Is far greater than that taken by those engaged In managing any 10 lines of legitimate business. 6th The destroying-value and destroying-energy effect on all legitimate business of the American people by the rise and fall of the price value of the $70,000,000,000 of pairer tokens of, wealth produced through the energy of stock gambling has been far greater during the past 40 years than that produced by all the earthquakes, floods, fires, famines, wars and labor unions. 6th The effect, the bad effect, the heart-depressing soul crushing, hope-destroying, energy-numbing effect on the American people by the accumulation of monstrously mammoth private for tunes through the agency of stock gambling during the past quar ter of a century is far greater than the ill effects of all the so cialistic, anarchistic, laborlstic and professional thlevlstlc preach ings and practices of the past 200 years. All the world IS stock gambling. If the American world continues to stock gamble during the coming 10 years on the Increasing ratio of the past 26, it Is Inevitable that the name "America" will hold but the same relation to human freedom as the name of Darwin does to man, as much, no more. No question, no combined 100 questions which will be asked during the coming 10 years will carry the same vital Import to the American people as this one, "How can stock gambling as at present conducted be stopped?" There is. but one way to stop stock gambling as at present conducted. And it is obvious to all students of affairs that there Is but one way possible, for all other ways have been tried, and have failed, absolutely failed. Fearless President Roosevelt's ef forts, the efforts of Congress, State Legislatures, the courts, the press, the Inbor unions, the politicians and the muckrs-kers have absolutely failed. The recent past chows conclusively that in spite of the earnest efforts of these classes Btock gambling has not been crushed, but on the contrary that It has flourished until today it is being carried on upon a 1000 per cent bigger basis than It was 25 years ago, and for evidence I point to the late October panic, where quicker, mightier and more dastardly brazen tricks were pulled off 'with ft 1000 per cent greater profit In money and "glory" than ever before. The only way possible to stop stock gambling Is "National Stock." 1st Beacuse "National Stock" Is already since its recent launching an assured success. It is now assured that tho Ameri can people and Europeans will buy from its treasury unlimited amounts of Its unlimited possessions of "National Stock" until 2d "National Stock" will be possessed of at least as much cash for all practical stock market purposes as the System. 3d With this cash, and Its knowledge of the stock gam bling gatoe, and lta machinery for harnessing this game, which knowledge and machinery Is as great as the System's, it will be as able to dominate the price of the $70,000,000,000 of stock and bonds as the System. 4th From the fact that It will never bring this cash know ledge and machinery Into play but on the RIGHT side of the stock gambling game, and then only when the System Is already engaged on the WRONG side of the stock gambling game, it must Inevitably have the System beaten to a shredded frazzel every time It opposes them. And now that "National Stock" has been successfully launched, now that Its pamphlets, reward blanks and orders for stock are rolling up an astounding success, and now that It Is patent to all that "National Stock," in spite of the gigantic efforts of the System through Its banks, trust companies, subsidized brokers and Stock Exchange officials and that portion of the press which Is In its hire, has swept everything before It until at present its fast increasing success is holding the attention of the whole thinking world, it is meet that I should close the first chapter of Its history and go on to the second. I can now say to the world what I could not say at Its launch ing without the danger of dampening the ardor of the scores of thousand whose only enlisting motive was profit. "National Stock's" foundation motive is to destroy stock gambling. "National Stock" will destroy stock gambling as at present conducted, because it will first make so much money by making at will the price of the $70,000,000,000 of stocks and bonds on the Stock Exchange, that the whole world will buy "National Stock" which in turn will give "National Stock" such additional power that it will either 1st Absolutely crush and destroy the System, or 2d Compel the System to abandon its present methods of doing bualness, in which event "National Stock" will go out of its present business by merging itself into my final Remedy, and at this merging It will return to all ownen of "National Stock" their original investment plus the enormous accumulated profits. In other words (I call the attention of my most vicious critics to this most vital part of my plan) I knew before launching "National Stock" that If It once got the hold of the people it already has secured that.lt would quickly compel the System to abandon the methods by which the System has been crushing the American people and adopt those employed by "National Stock," which acknowledgement of "National Stock's" success will In itset bring Into full play my final Remedy. It was for this great end more than the profit to investors in "National Stock" that I tolled and schemed for 20 years to successfully lauueu my plan, because when once all the world realizes what has now become visible to Wall Street that "National Stock" has the System on the run the realization will In itself fully bloom my final Rem edy, and my work will have been finished and the American people will have come Into their own. ' ,' ,, Since the launching of "National Stock" the common rallying ground of my critics has been "How can he be sure of success when he enters the market against the Syston? The answer , should n)w be clearly visible even to ordinary minds. Even if "National Stock" and the System were equal In cash, market knowledge and market machinery the System would go down He fore "National 8tock" In every deal because "National Stock" will never enter the stock market to oppose the System, but In rases where the System is engaged in one of lta robbery-of-the-people campaigns, that is, when the System has bid up stocks by dis honest methods to an artificial height for the purpose of unloading upon the people, "National Stock," with its newspaper advertising broadsides, will scream the dishonesty so fiercely and so shrilly as to produce a stock market panic, and in the inevitable tumble It will make the millions the System loses. On the other hand, when the System has dishonestly depreciated stocks to shake out the public, as in the October panic. "National Stock" will raise the whole world to a ouytng movement which will make the conouicd efforts of Standard OH. Morgan et at. resemble a cat-o'-nlne-tail dike in the course of a Niagara. The System can never corner or "panlc-Btrlke" "National Stock" in Its market operations, because "National Stock's" operations will never be based upon a dishonest or artificial basis. And why should they be, when the System will sup ply It with all the opportunities it requires, or (and here is the very nubblng of . "National Stock's reason for existence) the Sys tem will reform Its methods and "National Stock" will have most gloriously fulfilled its mission. I will illustrate the tremendous power of "National Stock" to make money and at the same time to crush the System, IW sh U wLimJ iLiflsl Wl JLL PsMts The American-Smelting Trust Is probably the richest corpora tion In all the world In Its future possibilities for money making for Its stockholders. 1st It has great smelting plants scattered throughout the United States, Canada, Mexico. When business Is good It has the products of the richest of the continent's mines brought to its doors, and it coins money for its stockholders. When business is poor It takes out of the ground from its own mines their enormous wealth, and coins money for its stockholders. d Through Its extraordinary opportunities for insight into the best mines on the continent It has been able to buy the very richest of them all and at bedrock prices, at bedrock prices be cause it deals direct with the miners, and also because of this it has been able to get together' ft band of the best engineers and experts, which in turn means that it will always have the best mining properties in the United States, Canada and Mexico. $d The business Is in the hands of seven young, honest, able men, the Guggenheim brothers, who Inherited the business from their father,- who laid the foundations for its enormous success. These men are brainy enough to know that they can get more of what is of value to humans out of their business by playing honest and fair with the public than by doing otherwise. 4th The Guggenheims from inheritance and environment and business association trained with the System forces. They would shudder at the idea of defying the System by affiliating with "Na tional Stock." Therefore "National Stock," which has no likes or dislikes, but exists only for the purpose of accomplishing 11 great end in any legal and honest way, determined to connect up with American Smelters without the by-your-leave of the Guggenheims. - - To that end, while Wall Street wined and dined and carded and . mirrored itself into the habitual state of "publlc-be-damnednesB" ".we-are-the-whole-qhootlng-matchness," "National Stock" burned the midnight. kerosene digging out the facts and formulating plans which when laid before him looked so good to one of the Rocke fellers that ha boarded the American Smelters express with tho determination to go through with it to its plainly evident destina tion success, tremendous success. It should be borne in mlL'd that ther" is always some powerful member of the Rockefeller band ready to board any Dollar enterprise which assures him big profits for his capital. It should also be borne in mind that "National Stock" cares not a finger snap who its fellow passengers are in the market voy ages provldad it Is sure of the honesty of the voyage and th'e profits to be made from the trip. The result: With smelters selling at 57 I began an adver tising campaign for Its purchase, and it quickly mounted to 70, where its quick rise and my advertising arrested the attention; of two bold System plungers who concluded that it had risen ?olel'y because of my work and not because of the unlimited buying of a R(vckefeller. These plungers laid out a campaign to sell Smelters short. They were encouraged by certain powerful System men who may or may not have been In league with the bull end of the campaign but this is a story for a future advertisement During the past few 'weeks Wall Street has gazed open-mouthed at the conflict which has waged around Smelters which soon became evident to all, but which divided Itself to Wall Street as the Sys tem on one side and "National Stock" on the other. The shon sellers have sold and sold and sold until at present time they are probably short more stock than has ever been shorted since short selling was Invented. The paper losses to th two SyBtm plung ers are enormous, for Smelters is now close to 100, but worse than their present paper losses Is the fact that they know now that they can never buy back what they have sold without, run ring the price of Smelters into the clouds. In the meantime the System men who have encouraged them Into Bllpplng the noose over their heads have consoled them and loaned them great blocks of Smelters stock against the day of their final rounding up. In the meantime again "National Stock" stands ready awaiting the first sign of their becoming panic-stricken and attempting to buy back what they have sold when the stock will be Jumped so quick ly and to such heights as to drive another large nail into the coffin of the stock gambling game, while Wall Street is frenzi?dly guess ing why American Smelters is acting so mysteriously ' I cite the above simply as an Illustration of one of the thou sands of 'possibilities of profits for "National Stock." The following is a morsel oi reflection fodder for the shorts on Smelters. This one advertisement which goes all over the world and which will be read by probably 50,000,000 people will probably create over 10,000 new buyers for Smelters. If they average 50 shares each their buying alone will cause the stock to advance $30 to $50 and the rise because of this buying should so panic, strike the two System plungers as to start them buying back the 850,000 to 400,000 shares they are now short, which in itself should carry the price to the 190 1 have been predicting for it, and which it is Inevitable it will sell at it sold last year at' 175. Also by way of comfort. to the shorts. If .this, advertisement does not produce the full effect it will be repeated until it does, for I have decided that one of my duties to "National Stock" and the public is to cry tne meritsvof Smelters until I havie the stock ih the hands of 100 times as many stockholders as the Guggenheims and the Systems have been able to secure for it by their combined ten year's efforts - already I have probably mre than doubled the number of its stockholders. I ask again, as I did in my first advertisement, can any stock' gambler intelligently answer this ques tion Why should he buy 1000 shares of System stock, say Union Pacific selling at. 165 and put up $15,000 margin, which will be lost in any of its numerous 35 jxint drops why 6hould he do this for the chance to Boston, September 9, 1908. secure a 10 point profit, or li)10,000, when with the same margin he can buy 30,000 shares of "National Stock" at say $2, which in a short time will sell at say $-1, and thereby pay him $G0,000 profit, and at no time during the operation could he lose his margin of $15, 000, or 25 per cent on the price of "National Stock." In the first section of my campaign I did not encourage margin buying of National Stock even by stock gam blers, but so great has become the demand from this class that I now advise all stock gamblers bear in mind I say stock gamblers only; that is, those who insist upon gambling upon margin in the System's stocks to buy "National Stock" in preference to any System stock, even Smelters, and I refer all such buyers to the advertisement of C. C. Clapp & Co., with whom National Stock" has entered into arrangements for the handling of this branch of "National Stock's" business. NEW YORK STOWS ANDBUNDS Upward Movement of Prices Admitted to Be Due to Professionalism. ADVANCES CONTINUE, HOWEVER Lata Sales . to Taka Prodts Canse f llftat Fall from the Bi. trasna Advances of Use Day. changes In the money market were not per ceptible In the quotations. The Hue in Ul counta In foreign exchunK here compelii me attention and haa revived dlscusuioii of the possibility of gold exports attain. Tha requirement is aupuand lu be tor luru forthcoming government leans abrond. Bales to realize profits had aome ollght effect In reducing the day'a extreme ad vances. Bonds were firm. Total sales, par value, JI.KM.OtO. I'nlted States bonds were unchanged on call. Number of sales and leading quotations on stocks were as follows: Bsle. Hlsh. Low. "iosa. NEW YORK, Sept. I An unusual thins bout tha current upward movement In prices In the .stock market Is the freedom with which admissions are heard of the part played in It by professionalism. Ad monitions to this effect are common to most of the market letters and advlcea ent out by commission houses to their tcllents or prepared for general public cir culation. A small combination of very wealthy capitalists Is given credit for the summer rise In prtrea and there Is no dis guise of the belief In the large part played by manipulation In the advance. Even Mr. Harrlman himself, while asserting hia faith la tha value-ef bis-properties aa reflected In the advancing quotationa, haa given pub lie expression to his convtctlon that much of tha market activity represents salea "made In circle." Day to day 'sales between professional tradara may. In fact, make up the largest cart of seeming activity In market trans- ecttone. and It is clear that so long aa the lateat buyers are willing to take tha stocks from the lateat sellera at an advance In . price the succession of paper profits will continue. Mr. Harriman'a prediction might apply to such dealinga, which are not un usual In a period of speculative excitement, until the aame universal dlapoaltlon to aell and realise profits In cash changes the complexion of affairs. The description would apply to transactions on "matched orders" or even to "washed sales." which are frowned up in by the rulea of the stock exchange, but which have been disclosed as part of the methods brought out by Inves tigation of firms which have fallen Into disgrace for one cause or another at differ ent times. There waa aa little news aa usual lately t explain the upward move ments of stocks. Both I'nlon Pacific and Bouthern Pacific reported measured earn Inga for June and ahowed operating coats cut down sufficiently to more than over come the decline In gross earnings and to establish gams tn net over July uf lt year. The rate of the decline In gross earnings, however, was nearly aa great as for June and the Improvement in the net return bore no proportion to the advance which haa taken place tn the price of the ahares. The Western I'nlon statement of earnings for' the September quarter had some effect on sentiment with Its trans formation of a deficit laat year of tl. Soil. 61 Into a surplus thia year of $768 14. But laat year's operations of the company were hampered by"' the telegraphers' strike, leaving tha compartaon no value aa a re flation of business condltlona In general. Tha day's crop new did not quiet the feeling of anxiety ovar the corn crop. Cop per waa lower tn London, Tha day AmalK&matsd Copper ' Ant. f. V Am. C. a F. pfd Am. Cotton oil Am. H a L.- pf Am. let Secitrtite Am. Llneees Oil Am. Loeomottv , Am. Locomotive (d Am. S. A R ., .. .. Am. g. A R pfd Am. Sugar Refining Am. Tobacco pfd American Woolen Anaconda Mining Co Atchlaoo Atchison ptd Atlantic Coast Lint Baltimore A Ohio tlal. A Ohio pld Brooklyn Hapid Tr Canadian Faolflo Central Leather Central L.-ather ptd Central of New Jersey.... Chvaapeake A Ohio Chicago Ot. W Clllcego a N. W C, Vt. St. P C. C. C. A St. L Colorado ". a I J Colorado A 80 Colo. 80. lat pfd l olo..a 80. id pld Consolidated Gas Cora Products DaUaera A Hudaoo lienvar A Rio Qraude.... 11. A R. G. pfd .Hauliers' Securities .... Krle Erie lat r'd Krle :1 pM Ocueral Kltctrlc. ea-dlv., Oraat Surinam pfd Ot. Northern Ore ctrec.... Illinois (antral luurbcroug Met Int. at t pfd Intarnatlonal Paper Int. Papar pfd Inttruational Pump Iowa central Kauaaa City go K. C. 80. pld , LoulaTllle A N tWxicaa Central Mian St. Louts M.. It P. A 8. 8. at ) Mlieourt Paclflo 1 M. , a T , M .. K. A T. pld I National Lead Now York Central I N. T.. O. W I Norfolk A W 1 North American i Northern Pec 1 1 la raciiw Btaii poaaaylaisW Peopta's Oat ' t . C. C. A St. U Prreaed Steel Car Pulloaaa Palace Car railway Steal Spring.... Reading Rapuklie Steal ReawMM Suet saw Seek lehaad O..... ...... gavk lea4 Oe. f . 16.:;)) too tt'i 4V0 U Ij4 & 100 ivW I!'. i't-i. Hs J J, 0O 13 50 104 HHIt 1''., 12. too US V'.k, r iir?s i' if". J.4uO HIS 114 lav-! 10) to pott ta -' l.sOO 48 47 1 4T, 7.J ills WVi Vt T(M tt 0 VI n.'-o :m savt , Si 7, too it's 04 uts, l.lf 173 1T.' 1 I. StO l J'-'h 't li r sate no i t tui r.a 1IKJ 444 4 tZt l.t o as . 4 41 114-t 1': a !' II, 10 143ti HtS 1H 10 :. 4,400 - Too Iv9 4' ! IT 60 S44 SO 1J ' 15.1 W 1S4' ' 19 5 17 J7H, 11m, tuo 21 :v, '"joe '3414 it U) 11 sT t.t 44 44. . M4 44 , l.tOt 14-, 144 li.eo im; a.o-is ih - . 'V . ll.tto) 14J' 14, 114 t J 4S eA1, 4.' ioia 14.4. 4i "too two o ID j0 us 4S IT n s s !- u 1,6U llvss 10 100 S4 U0 114 674, 13..08 K1. I. Oft 44 I.W) H Slv, t4 S II 27 41 1C4 'i 1S js 1S 1.1s 44S S4S 4 106 te 1S l'S l.euo 4JS 4s 4s l.u irS li a ll iai lies 144 l.t 17 S 'S W . Uttt 1I4S IMS LtU 7 H l u 1 n, m tta) MS 44fc 14 , l4 as liS 17 to) 41H 42S lis. 400 Ute ixt tot H4 to n St. U A S. F. id pfd 31.- W l!5H si. ihi.s 8. w fw I!-. n"4 iii St. l fi. W. ptd JoO 44', 44' 44s 8lot-6h. (field 8. A 1 100 4 64 Southern P-clfic 44,O0 110H KS l"'w So. Paclflo pld-...' H'Ji, Mouthern Railway 11.60) 21' 21 II- 80. Hallway pld 4..-K) 6JS o-K MV, Ttnneai-oa Copptr tit) 5 S 30 3s Texas & Pacllic I.10O 1. H 2.' -'i T. , St. L. V 6h 26' 2'l T., St. L,. A W. pld JOO 57 ' Union Pnclllo 91 l ;i 1S 167 1611 tulon l.rllic pfd 1,10) its tS S 1'. U. Hublxr J t. 8. Kuboor lat ptd. tJt) 101 101 lrnUi L. S. .Steel. e-dl S7,5oO 47?t 47 47S U. B.Hte.l pfd i.lOt 11J HIS HIS ftah Copper 60) 4"S 4 4i uinia-caio. I brmkal .. loo 2u- r."4 Va.-i.'aro. t.uem. pfd luS Wabiah 12S f 1- ViLiah 6! 2S i''1 W,siliia;houe Electric S0 7' 74S ' Wi-.tern Colon I.SM IMs, 6- S'i Wheeling 4 L. Wiacinion Central UO 20 24S 24S Total aal.a lor the day, 131,100 elm re a. Umlon Stocks and Bonds. BOSTON. B-nt. - iloney, cull loan per cent; time loans, aV'ii1 per Ofiklal tlostrg on Blocks and bunds 1 to 1.40 ajat ' (t 174 M Atchlion ad). 4a. do 4a Mix. Central 4s.. Atrhleon H. H do pfd Doaloa a Albany., boa'.ou a Mains... "boaton IClevalrd . Kllchburg pll ... Mexican Central ., N Y.. N. H. a II. Colon Pacific Am. Arse. Chem... do pAl Am. Pneu. Tube... Amor. Sug4r do pfd in. T. A T Am. Woolen do pfd Dominion I. A 8.. Kli.en Elec. lllu. Urnernl Electric kua Klectrlc do ptd Ma... Gaa Inlted Fmit lotted Shoe M do pfd V. 8. Steel do pfd 1 Adv-'nlur Allouaa Bid. "Asked. tl Amalgamated .. W Atla.itic .. bo Bir.gl.am . . u 'j Cal. ai Hecla . . Uo1. Centennial ..Jill t'opiMr Hangt ..lit'i tuly Weal . . lat Kranklln ,..K4 - Granby .. in i.ia H yxle . .11 -, Ma-a. Mining ..lt-i't MU-higan ,., .. ' Mohawk .. Mi Mont. C. A C .'4 Old Dominion . .1J1S Oai eola ..12' Parrot N.. . .livifc Qulnry . . ii1, Shannon . . f2 '1 antarack . .. ."1 Trjtlty -.1.1 Cnlied Copper . I . 8. Mining . . V. 8. Oil . . MtS l lah ,.. Victoria ,. ,..1':, Winona ... 'ili Wolverine , .. 2tS North Butte . . 47S H Hle Coalition .. . 11,, Nevada ... t Ansona Com ... .t Greene Caututa .... ",! dividend. s. m cent. '. in", .. us . w ,.b0S . -2 .. 7J'i .. .. iS ..111 .. sen '. .. .4 . . iw) r:. 42H its 74 !-, 11 4. 4t .1 . it . . ?iS . 11 ev York Mlulua stocks. NEW YORK. Sept. S Closing quotations on mining atocks: .410 iveaavme t'oo s . 4 Little Chief . t Mexican ft . 11 Ontario a-4) . 17 Oolilr ik 1 . I, Fmall Hopes ' . Vt e.tndare' l lot) Yellow tcket 40 Alice Brwece Brunswick Cos Com. Tunnel stock. Cosa. Tunnel nouda Con. Cal. a Va.... Iutj t'llTtr Iron Silver Offered. gx-dlyldenl . Treatary Statesateat. WASHINGTON. Sept. . Today'g atate ment of the trutiry balancea In the gen eral fund, exclusive of the 1 1 SO. Of 0. out) gold reserve shows: Available cash bal ance. la7.165.a24; gold coin and bullion, ,'t4.il!,il6; gold cert fic-alj. JO,76 J.DJO. Bank af Genasay Statemrat. BERLIN. Sept. . The weekly state ment of the Imperial Bank of Germany shows the following changes: Cash In hand, decreased, s 4J4.000 marks; loans, decreased, J.itT.OOl) marks, dis counts, decreased, 28,104.000 marks; treas ury bills, Increased, S,oU4.000 mark:; notes In circulation, decreased, 1C, ".42.000 marks; deposits. Increased, 8,173,000 marks. Netr York Money Market. NEW YORK. Sept. 9. MON KY On call, easy, ligl'a per cent; ruling rute, 1 pet cent; closing bid, 1 per cent; offered at 1W per cent. TIMK LOANS-Ftrm: sixty days, 2 pr cerjt; ninety days, 2' per cent; six months, SVs per cent. PRIME MERCANTILE PAPER ViMi per cent. STERLING EXCHANGE-FIrm, with actual business in bankers' bills at ll.MTJ &"I.S4In5 for sixty-day bills and at S4.6-36tj 4.8640 fur demand; commercial bills, Jl.St'j 4.M. BAR SILVER 51 Vic; Mexican dollars. 45o. BONDS Government, steady; rt-llroud, firm. closing ealea on New Yoik bonds today oa f. .1 u V. 8. rtf. 2. reg-.lC Int. Met. 4Ss un coupon 14 U N. unl. 4s... 1. 8. Is. res .. 101 Man. c. g. 4a li e.vtex. Central an.. .1211, ilo 1st Inc l:H4 M. & St. L. 4s. 75 M . K. A T. 4s... 110 do 2a .... 1U1 . R. R. of M. e 4a 7S ISN. V. C. g. ISs 4 HIS .N. J- C. g. ta .I'M'.. No. Pa-lflc 4a . to do Sa .101SN- A W. c. 4a . l O. 8. L. rfdg. 4s. . . (7'i Penn. ct. ISs lVlt .109 do con. 4a. . t3 Reading gen. 4a... . 14 Rep. of Cuba, be.. 4) 8t. U A I del COUpnA V. S. 4. reg do coupon . A. Tobacco 4s do as Atchlton gen. 4a... do ad. 4a do cv. 4a do cv. ta Atlantlo C. L. 4a.. Hal. A Ohio 4a ... do 3Ss Brk. R. T. T. 4a Cenlrsl of Oa. ta do lat Inc do 2d Inc do d Inu , t'hea 4 Ohio 4'a Chicago A A. ISs. C, U. A Q. n. 41 . C, R. I. -A P. 4a. do col. 6a do rfdg. 4i t't C. A Bt. U. g. Colo. Ind. aa 1 . Colo. Mid. 4a Colo. A So. 4s... Prl. H. cv. 4s.. D. A R. O. 4s... F.rit p. 1. ts.... do gen. 4s Ho.-k. Vsl. 4Sa.. Japan 4a do 4,a do 2d seriea.... Uid. Olltred. ' : 17 to KS ."4 .123S AZ . 11 S . . J4H . A .104 . S .P4 M. e os.. 110 .101', St U A 8. r. 1 4.. 70 titS M3t. I" 8. W. e. 4a.. 7t JJV. 'Seaboard A. L. 4a... 0 ... t7 So. Pacific 4a e ... -US do lat 4a to ...to a 80. Railway 6s 1 )2S 4a. t' Texaa A P. vla 111 ... 7i T.. Bt. L. A W. 4.. 78 ... tit I nlon Pacttic 4s. l"- ;-.. SK do ci. 4s ...Kl', U. S. Steal Id ts 1"1 4 per shares were weak on rumors that the Amalgamated company woum reuuee me price of copper. London t'loalna; Stocka. LONDON, Sept. 9. American securities opened firm today. Later prlcea eased off and at noon the Hat showed Irregular change, ranging from H above to below yesterday a New ork closing. London cluHing stocks: Consols, money.. ..It i-l Mo., Kan. A Txaa. td't Sew York Central. ' Norfolk a Western. :u do pfd Jt Ontario A Wests. 10i i Pannaylvan.a do account Anaconda Att-h'.ron do pfd Baltimore A Ohio.. Canadian Pacific 1774. Rand Mlnas fhuaapt-ake A Ohio., it Kraillug Chi. Great Wcattm.. X Southern Railway Chi., Mil. at St. P. .111', do pfd Rio el. . 124. Southern Pacific U it I'nlon Paclflo ., e -4 do pfd , :S C. 8. 81 454 do pfd ! Wabalh 21S do pfd Hi 4 Spanlih 4a .. .lllSAmal. Copper Heady nt per ounce, tier cent. The rate of dincount in the open market for short bills la ll-WnlM per cent; for three months' bills. 1 "-10441 per cent. le Bee re Denver A do ptd Kile do lat pfd do 2d pfd Grand Trunk Illinois Central Louisville a Nssh SILVER Bar, . 11 .1)8 . 17 . U . 4.-. . 44 . 7S . M'i . 11 . U .112 .172-, . H'S . .114', . -'t . 27 . . SI ' .. .'7 .. 72 . . 104 .. to .. MS .. sOS Wsbatb la Wsatern Md. 4a.. w. a U E. 4s.. Wis. Central 4s... N. V.. N H. A cv. ts tft l'W4 ... 1 ... it ... sVV, H. ...le)li Foreicu Financial. BERLIN, Sept. . Prices on the Bourse today were firm and trade was quiet. 1'AlilS, Sept. 9. Trading on the Boures today was weaker. LONDON. Sept. 9. Money supplies were plentiful on the market today for aettle ment and other requirements. Other dis counts were firm and It la expected that t-Kypl will aoun take gold. Ou the Sto.k exchange carry-over rates for the settle ment continued unchanged. Buslneaa waa of moderate dimensions, but the tone generally waa good. Investors bought consols, home rails and Jaianeae bonds, but Parts offered It specialties In the aft ernoon and thit caused irregularity, espe cially Ih Rio Tlntoa and Diamond shares. American securities continued firm. In sympathy with Wall street The Harrl man issues. L'nlted States Steel and Erie got moat of the attention In the fore noon and were well over parity, the con tinent providing th chief eitpport. Later New York bought well. Erie, Southern Pacific and Baltimore A Ohio were the features and th market closed firm. Cop- Bank Clearings. OMAHA. Sept. 9. Benk clesrlngs for to day were 2,157,7467, and for the corre sponding date lust year $1. 962,131.78. V.'c-ol Market. BOSTON. Sept. 9 WOOL-The local de mand for wool continues light despile easier pi ii-ea In all lines. Only a few trans action have been over I'O.fcO pounds, the heaviest being a sale of Nevada linlf-blood at 60c. Pine territory staple Is lower, with few dealings, and Ohio was tn but Httle de mand. The eastern quotationa runge as follows: Kentucky, Indiana and Mlrsonrl, three-eighths l-li.ol. 2r'o2iic; one-quarter blood, 2,ii2lc. Scoured vulur-s, Toxaa fine I twelve months, VidflSr' from six to elpht I months, 4n47c; fine fall, 4r'4."e; California, northern, AVnA.ic; middle counties, m(mi.-; southern, 37!hisc; fall free, 36H37c. Oregon, cuatetn, No. 1 staple. B7itc; eastern No. 1 clothing, 47f5c; valley. No. 1. 4o(fr46o. Ter ritory, fine staple. 57fiWlc; fine mediums, staple, oWr); fine clothing, 4Slnc; tine tr.'vlluin clothing. 42'al6c; one hit If blood. fi'V; three-einhtliS blood, 4'0-5Oc;one-quarter blood, 4S.'u 15c. Pulled extra, &.i7c; fine A, BOtaoIc; A supers. 4:ClSc. ST. L0118, Sept. . WOOL Steady; medium grades, combing and clothina-. loi 2o; light tine, lVaM6S-c; heavy fine, llttj'12c; tub waahed, aui7c. Metal Market. NEW YORK. Sept. 9 METAL8 The London tin market more than lost the ad vance of the previous day. closing st 1130 Ins for spot and at 1132 for futurea. " he local market was weak In consequence, with spot quoted at 1 2. 40 if 28.(2 4. Copper was lower In London at 61foraptjt and ftl lis for futures. The local mar ket waa weak and unchanged, with lake quoted at 1 18.60 13 11.76; electrolytic. 113 87 ll 2H; caating, 1312Vt& 13 27V,. Lead was lower In London at 13 Is Id. The locel market waa easy but unchanged at S4.65G 4 60. Spelter ad vanced 2a tid to fl9 Sd In the London mar ket. Locally th market waa firm at 14 76 tt 4. M0. Iron waa lower In the Eng lish market, with standard foundry quoted at 61s 3d and Cleveland warrants at o2a 9d. Locally there was no change,' No. 1 foundry, northern being quoted at $14.60 tj17.25; No. z rounary, nortnern, git.uuw 16 76: No. 1 southern and No. 1 southern, soft, Slg.7B17.26. ST. UUL'ls, Sept. 9, Q1E.1AU.-I UWl, firm at $4.4&iH.60. Spelter, firm at $4.67 'A. Available Supplies uf Grain. NEW YORK, Sept. 9. Special cable and telegraphis advices received by Brad street's show the following changes In available supplies as compared with pre vious accounts: Wheat, United State., east Rockies, In creased, 1.489,000 bushels; Canada, in creased, 1,026.000 buahela. Total. United Slates and Canada, increased, 8,614,001) bushels. Afloat for and in Europe, In creased. 2,400,000 bushels. Total Ameri can and European supply. Increased, 5,914,000bushels. Corn. United States and Canada, In creased, 488,000 bushels. Oats, United States and Canada, In creased, 274.000 bushels. The leading Increases and decreases re ported this week follow: Increasns Manitoba, 1,032,000 bushels; Minneapolis private elevators, 100,000 bushels; Fort Worth, 91,0000 bushels; Nashville, 72.000 buahels. Iiecreasns Portland. Me., 82,000 bushels; Omaha, 81,000 bushels; Chicago private elevators, 70,000 bushels; Ogdensburg, 60, 000 bushels. Cotton Market. NEW YORK, Sept. f. COTTON Futares opened stesdy; September, giSc; October, 8.10c: December, 8 8.1c; January, 8.⪼ I March, 8..rc; May, 8 S4c, bid. Root cotton closed aulet. at a 10 points advance; middling uplands, 9.40c; tn'dJIIng gulf, 96&C. Sales, 60 bales. Futures closed steady; September, 8.82c; October, 8.88c; November. 8.oc; December, 8.70c; January, 8.69c; February, 8.19c; March. S.fSc; May, 8.70c. GALVESTON, Tex.. 6ept. 9.-COTTON-Rt Miii- ftu.e NEW ORLEANS, Sept. f COTTON Spots were steady; low ordinary, 474ic, nominal: good ordinary, 7ttc; low mid dling, 84sc; middling. Ithkc; good middling, 9 7-lSc: middling fair. 9 6-lc; fair. 10 9-16C. nominal; sales, 1.776 bales; re ceipts. 1,860 bales; stock. 8.817 bales. ST. LOUIS. Sept. 8. COTTON Dull; middling, 9Vc; sales, none; receipts. 88 bales; shipments, 429 bales; stock, 9,030 bales. Evaporated Apples anal Dried Fralts. NEW YORK, Sept. . EVAPORATED APPLE8 Market Is picking up. Fancy quoted at 9H&10HO on spot; prime lit. DRIED FRUITS Prunes are quiet on spot and forward ahlpmenta. Quotations range from t13 for California and from UiS7He for flreson fruit. Apricot are quiet, with chole quoted at H8tc; extra choice. 9HOt4c; fancy, lO011o. peachea remain dull, with choice quoted at 7V74c; fancy. lUete. Ratslna are quiet locally, with buyers showing a dis position to await the outcome of the sit uation on the coast, where strong Interests are opposing the movement. London lay ers. $l.Otr.65: attar and Molasses. NEW YORK. Sept $. SUGAR Stesdy ; fair refining, .; centrtf ural. 98 test. $.ac; molasars sugar. 8.1'ir; refined, t'i1y; No. 7, 4 Sic; No. 8. te: No 9, 4.56c; N . o, 1.45c; No. 11. 4.4fc; No. 11. i.lftc; No V 4.80c; No. 14. 4.26c; confectioners' A. 4.55c, cut loaf, 6.90c; crushed, 6.80c; powdered, 6.ic; granulated. 6.10c; cubes, 6.3&C. I MOLASSI-JS Quiet; New Orleans, open kettle, good to choice, 'MfVtc, , fJtAAHA (1EXEH.II, MARKETS. Conditio of Tra.de and 4)notatloDS oa Staple aad Fancy rrednse. BUTTER Creamery, No. 1 delivered to retail trade In cartons, So; No. 1,. In i-lb. tubs,. kt",c; No. 1, In SO-lb. tubs, 2oc; No. 8, in u-lb. iuds, zVc; .no. j, 111 ,tu-id. iuds, 21c; No. 2, In 1-lb. cartons, 21c; No. 1. In carload lota, Zlc; no. 2. in oarroati lots. llralVc; country, fancy, tubs, 17c: Cum mon, ltic. EQG8 Fresh candled, 19c par aoxen. CHEESE Finest Wisconsin lull cream, twins, llVfec; young Americas, 4 In hoop, 16c; favorite. 8 In hoop, 16V4o; daisies, 81 in hoop, llVsc; cream brick, full case, UVu'i bait case, 134c; half dosen bricks, 14c. No quotations 011 Swiss uor Itntbeiger unill after October. BEEF CUTS No. 1 rib, 17c; No. 2 tb, lie; No. 8 rib. 7c; No. 1 loin. 19c; No. J loin 12c; No. 3 loin, 9c; No. 1 chuca, 6'if. No. 8 cnuck, 4c; No. 3 cnuck, tc; No. 1 round, tac; No. 3 round, be; No. 3 round, Vc; No. 1 plate, 014,1;; No. i plate, -W-i No. 3 plate, Hi. VEGETABLES Celery, Michigan, per dot., 860. Beans, new wax and spring, one third bu. basket, $1.00; navy, per uu., No. 1, $i.7o; lima, VJ per lb. Cabbugo. per lb. Potatoes, new, per bu.. It. 10. Tomatoes, per 4-baakt crat, tvc. Watermelons, i tuc. Cantavlopea, California. U'MvZ.j per Crete. Asparagus, pur dos., f-c. ucum bers, per dos., sue. Onions, Beruiuda, II. per crats; Texas yellow, $1.2tt per era. a. Mushrooms, cultivated, per lb., o"e. 1-el-luce, per dos., 3tc. J'eppera, bOjlU-rn, tl Vr crav. FRESH FRUITS Apples. $3 TtSJ.W per bu. box. Lemons, It.sa.W). oraugea. &J kte.00. Bananas, tc per lb. I'.ums, ti.ii P. t-taakel crate. Peachea, Calif ore la. 'u.ro4 per box; Texas, t-basket cia.. pears, $1.60 per 4-baaa.el crate, tllaoitocr rles. $4.0u per crate. Kuspbetris, $4uv ff crate. Cherries. $2.26. Curiam, - f'' crate. Oooaeberrles. $2.01) per status. fllGAK Coarse granulated,- s-iut; fin granulated. 4.7UO; tutea. ttl poiaiUted, t.6oo per lb. , . .,. UKEtiSED POULTRa'-oiJuabs. $2.i per dosen. .,, LIVE POULTRY Hens. 9c; springs. UVsc. rovslsrs, be; ducks, young. 9c; uid, iVti geese, c; turkeys. 14c; pigona, per doaen; aviuabs, I.'.'jO per dosen. DKIEXt FKUI1S Raisins, loose Muscslsl, tc; fancy seeded. 1-lb. carUiu. loo. Cur rant, unclsaned. c; cleaned. So; carton, ho per lb. Prunes, toOCOc per sack; VtJ per lb. Apricots. 26-10. aoxes. 9c per lb Peaches, California choice. c; fancy boxes, lie per lb. Pears, California. 11c Dates. Persian, SHc Fig, layers, ctwtc. IOV. Ciuun, lniVeM. Lemon tl, 11c. Oracge peel. lie. FISH Halibut, 8c; trout. 14a; pickerel, lie; pike 14c; bullheads, aklnned and dressed, Uc; whit perch, Sc; white baas. 17c; black bats. 2c; crappiea, Uc; white fish, Uc; red snapper, 14c: flounders, Uc; mackeiel, 17c; codfish, fresh frown, lie; shad roe. 4bc; ameits, 18c; frog less. 46c; graen sea turtle uieat, Jto; catfish, ltc; eel, per lb.. 8c. HIDEti Quotations by J. 8. Smith A Co.: Oreen salted No. 1, 10c; No. 2. 9c; bull hides. No. 1, tc; No. 2. 7c; horse hides. lloO; sheep pelts, 16c ta II. 10; dry pelts, lva to 12c per lb.; dry flint butcher I. Ides, 1JU-J dry fallen tildes. Ho; dry salted hides, a. 1 4 6 'W.