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
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n.'-o :m savt ,
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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
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4.'
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14.4.
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two
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us
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IT
n
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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.
