15
THE MORNING QBEGOSIAy. FRIDAY. AUGUST 14, 1903
T
AT
TO THE AMERICAN PEOPLE:
Tha importance of this announcement, the one to
which I have carefully led up, can be seen when I assert
I am in absolute control of a corporate institution
adequate to cope with the machinery of the SYSTEM. I
.hall make demonstrations of its power to perform what
2 have predicted for it.
To get the voltage of my dynamo, keep in your head
the financial factors I have so insistently urged upon your
attention.
1 The SYSTEM'S billions are made by its power to
fix and sway the stock market values of the 70 billion of
securities which the American people now hold.
2 The System's "right" to use the people's money
deposited in the banks and trust companies of the Nation
supplies it with the millions necessary to the process of
fixing and swaying the values of American securities.
3 The stock market must be the theater of opera
tions for whosoever purposes to dislodge the System's
head on the American people. All these necessary condi
tions are here in the
"National Stock"
LEGAL NAME, BAY STATE COMPANY.
CAPITAL, ONE BILLION DOLLARS; 20,000,000
SHARES.
CAN INCREASE TO ANY NUMBER OP BILLIONS.
FREE FROM TAXATION.
BACKED BY A SOVEREIGN STATE..
NOW HAS 60,000 STOCKHOLDERS.
INTENDS TO HAVE 20,000,000 STOCKHOLDERS.
THE ONLY CORPORATION IN EXISTENCE TO
DAY WHOSE SCOPE AND LEGAL AND STRAT
EGICAL POWERS ARE UNLIMITED.
CHARTERED TO OWN AND OPERATE BANKS,
TRUST COMPANIES, RADLROADS, INDUS
TRIES AND TO BUY AND SELL AND HOLD
ITS OWN AND ANY STOCK IN EXISTENCE
AND TO CARRY ON ANY AND ALL KINDS
OF BUSINESS.
Today I am in absolute control of this extraordinary
Institution, the only one of its kind on earth.
I am its president and have the proxies of nearly all
Its stockholders, with special instructions from them to
elect my own board of directors.
"National stock" is the one instrument that unites
all the privileges and attachments essential for a pro
longed contest with the System. I know the how, when
and why of the System's movements.
I am now ready to put this instrument to work.
That skeptical, wedded-to-old ways Wall Street and
the System and the Press may instantly see that my
claims, notwithstanding they read Jules Verneish, and
sound "business is business," I point them to the fol
lowing :
In the past, as these three classes, Wall Street, the
System and the Press know, I have never failed to secure
the attention of the people, and then their money support.
However radical my plans seemed at the start-off, time
demonstrated their soundness. Boiled down, this is what
I propose to do.
In "National Stock," I have a corporation with un
limited capital stock. The stock I shall offer in prac
tically unlimited amounts to the people, constantly ad
vancing the price in the open markets, that every buyer
may, if he wishes, sell what he has bought at a profit.
This means that every buyer of "National Stock" will
become an agent for the making -of new stockholders
amongst their friends and associates.
The proceeds of the sale of stock will be used in
active operations in the market, with and against the
System, as seems best in my judgment, in underwriting
and any other ways that will return the institution profit.
Illustration:
Whenever in the past I have appealed to the people
in the interest of a stock and they have responded, the
money they paid has always gone, less my pay for the job,
to the corporation whose stock I had sold, thereby leav
ing me helpless to protect its price in the market. Bear
in mind, there are two classes of people who buy stocks:
Speculators and investors.
The marketing of a stock is only a first move in a
stock manipulator's business.
To be successful, he must establish his proposition on
recognized trading basis. This can only be done by delib
erately making a market for it. Example :
My first moves in wielding the power of "National
Stock" for the benefit of its stockholders, the public, will
be certain and aggressive operations in American Smelt
ers, National Lead, Trinity and First National Copper,
St Paul Railroads and Yukon gold.
An event still soggy in the public mind will show the
procedure. At a time when the market was hardly out
of the convulsions of the panic, and when even the bys
tem could not. sell any stock to the public, I undertook
for the American Smelting group of capitalists, ine
Guggenheims," to .sell to the public 700,000 shares of
Yukon Gold incidentally worth then and now $12 to $io
per share which I did in two hours on Saturday, March
23, at from $5 (par) to $7. By the rules that govern
such transactions I turned over to "The Guggenheims
the proceeds of the shares I had sold less my pay, there
bv leaving the stock unprotected and exposed to the at
tacks of the System, which, fearful of my success, jumped
on its value, thereby inducing speculators to believe they
had been tricked and causing them to sell, leaving the
market price under the thumb of the system.
Had "National Stock" handled Yukon, the money
paid by the public would have been retatined to support
the stock in the market, buying all the stock that was
offered, either by those who wished to sell f or profit or
by those who, by selling freely, wished to attack the
value, the result being that in a short time the stock would
be firmly established on a rock-bottom basis on its intrin
sic value, $12 to $15, and impregnable to speculative at
tacks After this had been accomplished, the money re
ceived for the stock then outstanding would have been
paid over to "The Guggenheims."
With the resources of "National Stock" this could be
done, not only in Yukon, but in the other stocks which I
have mentioned, and in any others to which National
Stock" directs its powerful attention and stocks wnicn
the Svstem's machinery has perched too high can be
yanked down to their proper level by "National Stock.
That there shall be no misunderstanding as to the
character of "National Stock," I say right here at the
beginning of its career that the chief theater of its first
operations will be the stock markets of New York, Bos
ton and Philadelphia, and eventually London, Pans, Ber
lin The funds derived from the sale of its shares will be
applied in exactly the same manner as the System uses
the people's savings in banks and trust companies to
sway and fix the prices of the stocks in which it deals.
You already know something of the profit possibili
ties of such operations; but, conducted on the scale per
mitted by the resources I shall command, results will be
as stupendous and as certain as the System's own pro
cesses. Whatever "National Stock" sets out to do in the
market, its ready and unencumbered millions will enable
it to crush through in spite of the System's opposition.
Those same ready and unencumbered millions will be as
effective in forestalling any stock move of the System
with which "National Stock" does not concur.
A Word Here :
It ha developed since the writing of my first advertisement
that It Is a physical Impossibility to print in this space even In
this full page, what I Intended the plana of "National stock."
I have, therefore, decided to break off here and rush the
fall story Into a pamphlet. 1
This means that the first necessary action which confronts
me is the getting of this pamphlet Into the hands of every man
and woman In America.
With my story of "National Stock." its intentions and plans
tn the hands of the people, the people will buy "National Stock."
If the people buy "National Stock" now at the market price,
say $1-60 to $2 per share, they will make a profit of at least 500
to 750 peT cent, for every dollar they Invest now wiU turn into
$10 which performance win cause the people to enthusiastically
back "National Stock" In Its battle against the System.
With the millions of tie people's savings, and their enthu
siastic backing "National Stock" will be able to bowl over the
Svstem in short order, and "National Stock" will become the
not when
greatest Instrument of modern time for the xlgng of the peo-
Pl9'' XS wen admit before urth to?"V
advertisement, have been published, and at a oct of W0 r
no other purpose than to get .the public into a of mind
where they must have the story of "S-tlonal 3
of its plans and intentions. I mean by this th at tbe-e
ments were not published for the purpose of ,n
Stock" or for securing buyers for it now. but
pose of getting before the millions a document of too
a nature to publish In a newspaper 9 V-tnd
I intend to compel every man and woman In ?lc "
for the pamphlet now. not next month or the month after next.
but now, I say now because?
1 Everyone who gfet it must re&d it- .k
J-Everyone who reads it will at once becorn. a b
in "National Stock." Whether he buy. a single share for a dollar
and a half to two dollars, or 13.000 shares for . f ant'
la of no import to "National Stock." What "National Stock wants
must have U going to have, is stockholders, a vast number of
stockholders. . -
It now ha. rising 60.000. the largest number of '
poratlon in the world, with the exception of the Steal Trust. It
intends to increase this number In less than SO daJ- Kome a
3Everyone who reads this pamphlet will not only
stockholder, but will because of a certain document contained
' In each pamphlet, create other stockholders. .',tiB
4-Eh day that goes by will, because of
workings of "National Stock" plan, cause the price of "National
Stock" to mount higher.
Stock Market Activity.
. w t ., -rmna must have a copy now,
"National Stock" has advanced In the markets to $10 per 'hare.
Bear in mind, as my plans work out. tfe. "t""1 "
ing will mean Increased activity in "National Stock in the stock
market, of the country, which, as I will steer it. wll I make for
constantly advancing prices until the excitement generated by
"National Stock" will top all of the past stock
which I have created, notwithstanding: The culmination of my
Imalgamation flotation caused mobs of buyers to "oudkth
National City Bank, tho Standard Oil bank, the biggest bank in
Amer-Say and 'night at the opening of subscriptions The
tremendous activity and rise of Trinity (1000 per cent in less than
1000 stock exchange hours) last year brought ha mob
ers to the Stock Exchange as to cause a panic and the barring
f MyTuko'n campaign caused the calling of the New York
police to Wall street to control the great army of buyers who
flocked to that center, and the "Lawson Panic." in December. 1904.
dropped prices over $100,000,000 in three days.
Also bear In mind another reason for great activities and
price advance. I will advertise throughout the world at the com
pletion of each of my stock market deals Uielr exact history,
showing in the results the big profits which have accrued to "Na
tional Stock." which profits will be reflected at once in increased
activity and advance tn the price of "National Stock."
The arguments contained in this series of advertisements are
not intended to urge the purchase of "National Stock." They are
solely for the purpose of showing the public aU classes of the
public that it is a duty they owe themselves to Send at once
for the "National Stock" pamphlets, which will be sent free to all
upon application. Later on, my advertising will be brutally brief
in its effort to Induce the public to buy "National Stock and bru
tally thorough in its assaults upon the stocks of which the Na
tional Stock" has first gone short, and brass-bandedly booming
of the stocks of which it has first gone long. These advertise
ments are solely for the purpose of getting 20,000.000 Natioanl
Stock" pamphlets into the hands of 20.100.030 people now. To
that end I earnestly ask the following classes to apply at once
for this pamphlet:
Bankers, Broker,, Minister, School Teacnera, City d Town
OfTlciar.. Presidents and Cashiers of "National Bank, Presi
dents and Treasurer, of Saving. Banks, head. ml Labor Unions,
Snpertntendenl. of Mine, and Manonctorle. and ot.er bnsl
ne..e, Xew.pa.er Editor, and Reporters, weekly and monthly
periodical writer., Po.tmi.tre... and PoitmMtm, and sav
ing, bank depositor..
I call the attention of these particular classes to this pam-
phlet because each copy will contain a document extraordinary in
itself and of vital interest to each member of the classes I have
enumerated.
NEW BANKS AND TRUST COMPANIES
EXTRACT "A" FROM PAMPHLET.
With the funds secured by the sale of "National Stock."
banks and trust companies will be established, in whioh the peo
ple will deposit their money to be loaned out at rates of interest
only large enough to conduct a legitimate banking business and
to make a fair return to stockholders. Today the System banks
exhibit statements showing enormous earnings and surpluses,
which If their deposits' were loaned back to the people at fair
rates 'would be as Impossible as the palaces in which many of
these banks and trust companies are housed, costing millions
wrung from borrowers and returning nothing on the Investment.
Exainple En(rland jjay there is a National Bank and Trust
Company, two of the scores in New England controlled by the
System. Their combined deposits belonging to the people are
tlB 030 000 and their combined stock, belonging to the Sys
tem has risen in value in a short period more than $12,000,000.
The' enormous profits, fully set forth in the annual statements of
these institutions, which they have siphoned fron ts community
of New England, in addition to $$.000,000 which is per cent
annual Interest on the capital stock of both. wer. not accumu
lated by the production of anything marketable or by any recog
nized form of business, nor are they the conservative iproflts of
Terminate banking, but they are the rich spoils of System manipu
lation of tne people's deposits, augmented by the wreok. by con
solidation, of many of If.w England's oldest and soundest banking
,nSU ConTrtnting this situation "National Stock" win tak a part
of tie proceeds of the sale, of its stock or th. profits made in
it. stock market operations, and set up dupflcate banking Insato
onfongside of these two. The '"-fon Stock
ideal charter that will bar even the owners of
-., ..our in a- directly or indirectly any profits oth-ir tnan nv
P?r cent upon thrcapital Invested. AU surplus wilt be returned
annutny to the depositors in the form of interest upon deP"
r nw throughout New England In the form ol Reduced
?oan rates, nor will "National Stock" retain for itself
or direction of the institution. Their ""W""1,
Iutely Placed tn the hand, of the best of the old tank Jf"a:
who will be selected from those who have been driven out of
business, or from savings bank officials. .,., ,.,,-
After these facta have been advertised, as "National Stock
will advertise them, it is inevitable that the P-tor- '
System institutions, when the opportunity is offered will transfer
ail or a great portion of their deposits to the new
that the borrowers will secure their loan, from the
tlons. And the establishment of these two banking Institutions by
"National Stock" will make easier the creation of similar mo
tions in the other large cities wherever the buslmes, men .and de
positors are being exercised between the upper and nether mlU
stones of the System.
GREAT PROFITS IN "NATIONAL STOCK'
EXTRACT "B" FROM PAMPHLET.
"National Stock." after it has made helpless the Rockefellers.
' Harrimans and Morgans tn the same way the System "nd"
helpless the people last October, after it has vast sums ' of
Its treasury and ha. banded together at least 1.600.000,000 of In
telligent stockholders, will use these stockholders and Its vast re
sources to convert back to the people's ownership the great in
dustrial and financial institutions of the country. No miracle is
promised here, but the disintegration inevitable from the coup.
I shall inaugurate will loosen the System's hold on """
and they will be taken possession of and reorganised by aona
Stock." in the mere process of events. The backbone of a'"a
Stock." which can and will bring about these things is in Its
stockholders. The more stockholders there are the greater will
be its power to accomplish these things that, I have set down, the
quicker the results from the application of that power and tha
richer the results to each stockholder. In buying as much "Na
tional Stock" as you can afford, and In canvassing amongst your
friends for additional stockholder, boar In mind:
l"Nationnl Stock" today is selling at about $1.50 to $2.0
per share In tho open markets of the country.
2 Every additional stockholder will cause the price to ad
vance beyond what you pay for it.
3 Neither "National Stock," nor myself, nor any one con
nected with it, have any stock for sale, directly, to you or to
anv one "National Stock" will be dealt in only In the open mar
ket, where all have the privilege of buying and " r'C
4 All orders for stock should be sent to reputable New York.
Philadelphia and Boston Stock Exchange and curb Broke. ..
5 All money received by "National Stock" frem the sale of
stock and all profit made by it in any way will be the property of
all stockholders alike.
6 Not a dollar of "National Stock" funds or property come,
to me. in profits, salaries, or in any way.
"National Stock" starts with about a million cash. Before
the eublic or the System are fairly aware that it has begun
business this million will have been turned Into 40
the selling of 2.500,030 share, of "National Stock" a an average
of 12 Der share and 2,500.000 shares at an average of $4 per share,
and with thta 16.000.000 thus received it will have mad. proflt.
of $24,000,000 out of Wall and State streets stock deals.
TREMENDOUS MARKET DEALS
EXTRACT "C" FROM PAMPHLET.
It is common knowledge that In many of my P" 8c
market campaigns, whenever I predicted the rise or fall of a
Ttock the stem could make it go temporarily the other way by
r r :rtor H;
welTtrr-etono "ZZTS ZZXZ.Z mV
advfee from' $1 to 46. was driven next to ,14. then allowed to
"."on through tho list of all other stocks I have
betters ttt XSTZ -d'to ST plSTwS
go to 00 and at 120 St. Paul will go to 175. Smelters because .
of purchases by tho people who absorbed my advice imme
diately mounted to 73. when the System drove It back to below
60 Today It is 102. two point higher than the 130 I Predicted
II plul was driven back to 90. Now it is 147. on Its way to the
175 Vothat System which has done all these thing. I have but
and you wUl be powerless to prevent. When you read in one of
w ;.u m. ... .. ..r
BOSTON, August IS, 1W8.
THOMAS W. LAWSON
. . -. i i
1 ..... ,irBa TTnr 7ft I I II I f I T A I I I I fk I fsTliT
H" "' 800 "3.. 27 i Den & Rio G 4 s. 92 1 IRIUL ll I 'H UU L U
I I III! I i r U I II U I IU I M III I I VI o.-
HilILn I uniiiuiiui.ii i
BEARS TAKE'HOLDllP
Hammer Stocks Down in Ab
sence of Support.
SELLING, HOWEVER, SMALL
Iss Favorable Conditions Reported
by Iron and Steel Reviews.
Weakness in Rock Is
land Group.
t
H.-C-TV voRK. Aur. 13. The manner
which the market a-ted today croved very
-i i A rh. nn1.nirr fhffct Attempted
. ..ni.ln it A lull In the activities of
tha nowerful party In the speculation which
has favorod the advance by all the devices
of. leadership and tranlrulatlon was evident
a nariv of Drofesslonal operators acted on
this evidence to mve on the short side of
the market and helped on the action that
resulted from the withdrawal of the foster
tn measures of the bull ar;y. This bear
movement was conducted with extreme cau
tion and with signs of timidity covering
operations being risumed at small reces
sions In prices. The amount- of the liqulda
tlon Induced by the recession in prlceg
proved moderate and there was nothing
like tha precipitancy in unloading with
which o Lrolonged an advance as had
rred usually culminates.
This lack of resemblance to the usual
eouree of speculative movements waa the
cause for the reserve shown by the bear.
n.rtv In pursuing their apparent advantage.
Their attitude covered a Xear that they
ere being lured Into uncovering them-
ivea to a renewed attack which might
help on the forthcoming projects of the
powerful lull organisation. The suspicion
was strengthened by the conviction that
the bull party has not made any effective
rli.rrihutlon of Its holdings, the genera
speculative public having held back from
h. rr-.rket with great tenacity.
Late in the day. weakness In the Rock
suggestion of more
for a bear turn In the
tack on prices became
weak closing at tne
th. action of the market was attnoui.
to purely technical causes and found no
explanation In any positive development In
the div'i news. There is. however, a rather
striking contrast In some ol tne views on
Industrial affair, that hare been heard In
the stock market and those that come
from strictly trade sources. The complaint
voiced by the leading iron and steel reviews
over the tardiness of the revival in that In
dustry Is an example. Today's publication
of those authorities caicuiaiea to aasn .an
guine views over the present stage of im-
provemr iiu " " . - .
talned of the future.
The episode In the outsiae mantel was
not relished, as a factor likely to discour
age any public Interest In the stock mar
ket. The performance there has not been
equalled since the like lnciaent oi tne
flotation of a mining stock under th same
auspices-
Great excitement accompanieu n iui ij
spurt In Bay State Gas. after which tne
price yielded before the steady auj,ply of
stocks. Some special weaknesa In the local
traction stocks was due to the announcement
by the president of the New Haven Railroad
of the intention of that company to take
a subway route Into lower New York City.
Bonds were irregular. mmi s&ies. par
lue. 3.336.400. United States bonds were
unchanged on call.
CLOSINO STOCK QUOTATIONS.
Cloetng
pales: High. Low.
Amal Copper .... 35.2"0 SIT,
Am tar roun. - --
l'f7 ."OIH X"01
1.9O0 35 345,
loo 21 21
S.TOO Jill, 3H4
IOO 12 12
8.000 661,
100 lf'S
3.1iW 13714)
iOO 93
4.Rnn 491
4.B00 80ii
IOO
S.900
93
preferred
Am Cotton OH..
Am Hd & 1-t pf-
Am Ice Securl...
Am Linseed Oil-
Am Locomoiin...
do preierreu
im Smelt Kef. 42.BOO
do preferred -. .
Am Pugar Ref..
Am Tobacco pf
Am Woolen . ...
Anaconda Min Co
Atchlaon
do preferred ..
Atl Coast Line..
Bait Ohio
do preferred ...
Brook Rap Tran. M . SH
Canadian Pacific. 2"0 l-2
Central Leather .. 1.400 26
do preferred
Central of N J...
Chea & Ohio 1.300
Chicago Gt W. 1-' , '
Chicago A X W.. 500 11
C. M St Paul. 3T.400 14i
C, C. C St L. . 100 6'H
Colo Fuel Iron T.5"0
Colo Southern.. 2.2O0 33 :
do let preferred - --
do 2 preferred. l34
Consolidated Gas.. TnO 14"
Corn Products 800 20ij
ins
133
93
2rt
47
SS
&3
52
171
29
43
42H
Bid.
7f
103
34 5
21
30,
10V4
107
97
107
13.H4
H3
S8
94(4
HZ
64 1,
81
B2i
171
974
424
K1014 lo
1444 14S
S7 4 S4
34 S
33 S3
S3 " 51
13'4 138i
19.
1iO
Pi 10 37
2.6O0 24 V,
3(0 39 Vi
600 30
100 146
22.4O0 140
2.000 7T4
1.600 139S(,
1.200 l-"1!
8.7O0
200
35
10
1,900 2S 25
Del Hudson....
D & R Grande...
do preferred . . .
Distillers' Securl..
Erie
do 1st preterrel.
do 2d prefrered.
General Electric.
Gt Northern pf . . .
it Northern ure..
lllnols Central ..
nterborough Met..
do preferred ...
Int Paper
do preferred! ...
Int Pump
Iowa Central ....
K C Southern ...
do preferred . . .
Louis ft Naohville
Mexican Central
Minn & St Louis
M St P & S S M. l.sno 11A4
Missouri J-'acmc. iu.m-v t
Mo. Kan & Texas 5.1O0 331.
do oreferrec ...
National Lead ... l.0 89V,
X Y Central .... 3.600 1V9
N T. Ont & West. 2.0OO 434
Norfolk West. 2.400 . 5.
North American .. .00 64
Northern Pacific. 44.800 14fii
Pacific Mail -t-r?
Pennsylvania 10.100 12"
People'. Gas...... fO 06
p u at pi .
Preseed Steel Car 2iO 3
Pullman Pal Car.. JO
t? steel spring..
68
3T
23 ti
394
29 4
146
134
67
1374
124
334
104
68
37
2314
39
294
144
13S4
08
137
12
334
10
1.900 111T4
8(1
184
364
26
4T
97
IOO 1184
1.100 20
Riadlng 1Z."V it
n.nnhlfo Steel ... (0 4
do preferred ...
Rock Island Co.. '""
do preferred ... 17.300
St L A S F 2 pf. 300
St L Southwestern
do prererrea .
E!-Sheff1eld .... POO
Southern Pacific .. 29.800
do prelerrei . .
Southern Railway-
do preferred ...
Tenn Copper 4 . on 404
Texae & Pacific. 8.100 25
Tol. St L A West 4O0 2.
do preferred ... 1.200 S(J
Union Pacific ...101.400 1MH.
do preferred ... 3.2HO 854
U S Rubber 800 35 4
do 1st preferred. 2O0 1014
U S Steel 69.-0 4.,
do preferred ... f.9"0 1104
Utah Copper 8.100 44
Va-Caro Chemical. 400 28
do preferred ... IOO 1J7
Wabash 3oo 13
do preferred ... 1.(00 284
Westlnghouse Elec 1.6O0 .3
Weetern Union ... 2 6.
Wheel A L Ble.. 3O0 9
Ttlecfm.ln Central. 2.100 24
Total sales for the day. 744,uw snares.
PONDS.
NEW YORK. Aug. 13. Closing quotations
tj S Rfg 2s Reg.l02H'N T C, Gen 3s 91
do Coupon 103'Northern Pae 8a 72
V S 3s Reg 100 do 4s. ...... ..1024
do coupon. .. .100 ! Southern Pa-c 4s. 84
TJ S Nw 4s Reg. 120 4 Union Pac 4s 101
i do Coupoa.....iaHlWU Central 4... 84
2r.4
174
24 4
5'4
1104 J104
16
30
118
57
324
64
87 '4
1084
42
75
63
144
25
1254
96
75
34
166
43
126
23 4
60
18'
334
27
17
40
634
93
1184
194
484
38.
26
374
l.M 4
65
34
IOO
46
109 4
44
28
105
13
27
74
56
9
23 4
119
57
32 4
654
66
108
?r4
64
1254
964
75
S3
1654
44
126
23
80 4
17
334
27
63
95
1184
20
''88
254
26
57
157
65
34 4
101
464
1094
43
2S
107
13
27
74
56
94
23
86 9-18; do for ac-
.63
44
.64
.06
.66
.20
.51 4
1.00
1.62
13 4
.28 4
.02 4
.63 4
Storks at London. '
LONDON. Aug. 18. Closing quotations:
Consols for money,
rnunt. 86.
Anaconda 10 I Norfolk West. .774
Atchison H5l 00 ,prl ;,'.
dO Pfd C' UIHttOU K
Ti.w i. nhin 97 Pennsylvania ..
Canadian Pac. .1.76 vi ! Rand Mines
Ches & Ohio... .444Readlng
Vhl Gt Western. .07 Southern Ry
Chi. M r bi ir ,
De Beers ij soumern rac ..
Erie Z4 ao piu -o
do 1st pta 4" ?,u S"' ,
Grand Trunk . . 1 8 4 j Wabash
Illinois. Central. 1.4., , do pfd.
Miss K AT 33!Amal Cop ...
N Y Central. .. .1.13
Money, Exchange, Etc.
NEW YORK. Aug. 13. Money on call easy,
114 per cent; ruling rate, 1; closing bid.
1; offered at lVi-
Time loans dull, .but slightly firmer; 60
days. 2. and 90 days. 242 per cent; six
months. 34S4 per cent.
Prime mercantile paper, SM'SA per cent.
Sterling exchange steady, with actual busi
ness In bankers,' hills at 4.8490(34.85 for 60
day bills and at $4.8645 for demand.
Commercial bills. $4.846'4.64.
Bar silver. 52c.
Mexican dollars. 45c.
Government bond., steady; railroad bonds,
Irregular.
LONDON. Aug. 13. Bar silver Steady.
24 l-8d per ounce.
Money. 1-34T per cent.
The rate of discount In the open market
for short bills Is 15-l(Vffl5-l per cent; three
months' bills lgl T-l per cent.
SAN FRANCISCO. Aug. 13. Silver bare,
62c.
Mexican dollars Nominal.
Drafts Sight. 10c: telegraph. 12U
Sterling 60 daya 4.85: eight. 14.87.
Daily Treasury Statement.
WASHINGTON. ' August 13. Today',
statement of the Treasury balances In the
reneral fund exclusive of the $150,000,000
ntH eeserve ShOWS
Available cash balance $196,063,137
Gold coin and bullion 44.2O-J.036
Gold certificate. 33,286.490
Wool at St. Loni.
ST. LOUIS. Aug. 13. Wool. firm. Terr!
tory and Western mediums, 156 ISc; fine me
diums. 10215c; Una, Wtt.ua,
Chicago Market Strong From
Start to Finish.
ALL NEWS IS BULLISH
September
December .
May
September
January . .
October .
September
October ...
January .
September
October . . .
January
Improved Demand oy r.ipris
Reported Low Temperatures
in Western Canada Ca
bles Are Steadier.
CHICAGO. Aug. 13. Strength In wheat
was In evidence from the beginning of trade
to the end of the session. A feature of busi
ness was liberal purchases by the Influential
trader whose heavy sale, yesterday caused
the market to slump 2 cents. The market
wae bullishly affected at the start by com
paratively steady cables and by advices from
Western Canada claiming that low tempera
tures had prevailed last night throughout
Saskatchewan and Manitoba. Later in the
rtv statistical news encouraged further buy
ing. An Improved demand by exporter, wa.
another Important factor In the situation,
a-ntemher opened 4Se higher at 924
924924e and advanced to 934c. where It
closed.
Corn was bullish nearly all day. The
market closed firm for September and ' May,
but easy for December. September closed
at 77c. ...
Oat. were weak. September cloeed at 47
04 1 MjC.
Provision, generally were weak September
pork was off 24C, lara was on ' if uw-u
and ribs were 124c down. .
The Leading futures ranged as follows.
WHEAT.
September .
Dec, old...
Dec, new .
Open. High.
..$ .924 $ .9.14
.. .044 .954
.. .04", .!..
.90 i 1-00
Low. Close.
.924 -84
.94 .954
.94 4 .95
CORN.
.. .774 .78
,. .6.1 .65
,. .634 ' -44
OATS.
.. .47 .47
.. .474 .484
,. .49 .50Vt
MESS PORK.
..15.05 15 05
..16.02 105
..15.15 15.20
LARD.
.. 9.25 9.27
.. 9.35 9.37 4
.. 9.17- 9.20
SHORT RIBS.
.. 8.62 8.67
.. 8.72 8.77
.. 8.17 8.17
.774
.64
.J4
.47
.47
.49
14.874
15.974
15.00
9.20
.3"
9.15
6 57
8.65
8.12
.77
.64
.63
.494
14.9714
16.02
16.10
9 25
9.35
9.17
S.63
8. 75
8.15
No. 2 yellow, 80
S white, 484S40C-,
choice
Cast quotations were ae ronows.
Flour Steady. .
Wheat No. 2 Spring. $1.101.15: No.
$1.04(61.13: No. 3 red. 3roe.
Corn No. 2. "r
Sic.
Oats No. z. 40c; ---
No. 3 white. 47sr4c.
Rye No. 2. 774Cff(S4C i"ir
malting. 6567c.
Flaxseed No. 1. H i; .o. 1 v-u..-
$134. M 7(Vff.l7.1.
TUllOtny ser.i 11.....
Short ribs Sides (loose). 8.50flS.(5
Mess pork-Per barrel. $14.95(515.00.
n-hl-ky Basis of high wines. $1.J(.
' wnisny o Receipts. Shipments.
37 COO 26.0(H)
Flour, barrels 1'42'otO 26fl.i0
Wheat bushels j; u., om
Corn, bushe s 3.12 OOfl 173,000
Oats, bushels 7000 1.0"O
Rye. bushels o-i OOO 13.000
Barley, boshels -'w" "'""
Grain and Produce at New York.
x-FW YORK. August 13 Flour Receipts.
ISOOoT exports. 4000; steady, with trade
""wheat Receipts. 93.00O; exports. 50,000;
spoTnrm: No. 2 red. $1.004 1 :
"ator and $1.00 a"0"1'- N- ,
Northern Duluth. $1254 f. o. b afloat;
f." V. n-(ni.r K1.0211 f. o. b. afloat.
On reports of frost In the Canadian North-
west. rains In Manitoba and export trade
estimated at 1.000.000 bushels and rather
hulllsh statistics, wheat advanced
lc a bushel, closing e to lc net "Inner.
September closed. $101; December.
$103; May closed $1.00.
Hops and wool CJulet.
Hides and petroleum Steady.
Grain at San Franrlseo.
SAN FRANCISCO, Aug. 13. Wheat Firm.
' Barley Steady.
Spot quotations:
Wheat Shipping. $1.574-8 ' 1.621s : milling.
$1.6.VS 1.674-
Parley Feed, $1.32401374; brewing.
$1.40$ 1.45.
Oats Red. $1.45(31.60; white, Sl.40ffl.B2tt:
black, $1.40Tfl.474. -Call
Board sales:
Wheat No trading,
narley December. $1.8641.38T4.
Corn Large yellow. $1.8.Va 1.90.
European Grain Markets.
LONDON. Aug. 13. Cargoes quiet and
easier owing to American advices. Walla
Walla, prompt shipment, at 38s 6d; California,
prompt shipment, 38s.
English country markets quiet but steady.
French country markets steady.
LIVERPOOL. Aug. 13. Wheat September.
7 4d: December, 7s 5d; March, nominal.
Weather, cloudy.
Wheat at Tacoma.
TACOMA, Aug. 13 Wheat Unchanged.
Bluestem, 90c; club, SSc: red, 8flc.
Dairy Produce In the East.
CHICAGO, Aug. 13. On the Produce Ex
change today the butter market was firm.
Creameries. 19622c; dairies, 1720c.
Kggs Steady: at mark, cases included, 14
616c: firsts. 184c; prime firsts, 20c.
Cheese Steady. 114(6 13c.
NEW YORK. Aug.13. Butter Quiet and
steady, unchanged.
Cheese Steady.
Eg:" Steady. unchnngedMMMMiMMMM
DOWNING-HOPKINS CO.
ESTABLISHED 1SBS
BROKERS
STOCKS --BONDS --GRAIN
Booght and sold In cash and aa margin.
Private wire v RoomsJOl-talOConch Building
Telephone M3SSJ
A223T.