The Courier-Journal from Louisville, Kentucky • Page 10

THE COURIER-JOURNAL, LOUISVILLE. SATURDAY MORNING, OCTOBER 92. 1004. 10 lent to substantial enhancnnt of w.nrtf.rr a drcreasfl in of the lnps Increase oper FINANCIAL AND COMMERCIAL. P.C.

Inc. 14.0 Llttift nock GOOD NEW PLAN P.C. Dec. 16.4 24.5 211.8 Iuiuf. If the market opens stronger and bulges -arly to-morrow we would advise taldng profits, as a good reaction will occur early next O.

Brown Co. to Hunt, Brldseford A. Co. Wllkesbarre The Jump in tne iccai imw and "deal" rumors regarding tnat group were the Influence, In spite of official denial of any merger. Much Influence was exerted also by the assertion that a campaign for a Fall Rlvor Macon MONETARY.

Wheellnsr. W. Wichita x-. midHiiv the market was rlae In tncio mock, to i Ireen undertaken by a famous operator who baa hl career. ntlll somewhat specialized, but very broad In i rm-mnt re- Friday Oct.

21. -Some of the Muln- 11.6 48.1 lT.i lea mans' The renewed aclvanoo in union teJ'rj etreet banks and one Market-street Institution many places. Advances ruin i hAniihv nroflt taking Feeling Dominates Gen-eral Trade Situation, Has Been Adopted By the Tobacco Trust report fair demand for currency from country a period of nealtation aw tlal basis the consideration of the details Ti-n as.tes. Akron Chattanooga SprlnKlleld, 111 Kalamazoo. Mich.

Younestown "Lxlnffton Farco. N. New Bedford Canton. O. orders from several Important quarters.

Com- banks thla week. Shipments hav been mado mission nouse Dusmesa iir, no good as It had been early In the week. One in Reading 25.6 218 21.7 0.0 9.6 18.6 8.8 0.9 ating expenses mcree lief earnings Increase 2,517,319. Bought Lot of Cattle. Springfield.

Oct 21. Specials-Richard Gentry, ot rmnville, bought about 150 head of cattle this week in this county from B. F. Stmms. J.

H. Barber and others, weighing 1,100 to at from three and three-quarters to four cents per' pound. Treasury Statement. "Washington, Oct. 21.

To-day's statement of the Treasury in the general fund, exclusive of the gold reserve in. the IMvislon of Redemption, shows: Available cash balance. gold, $76,932,153. Will Hold Their Tobacco. Richmond, Oct.

21. Special. tne anniuu rt.uv.. i tlfylng to tho extraordinary prosperity and, strength of that utml These special movements had a. tax-mcb.

ng, sympathetic effect through Il ul'J, be tedious to attempt to detail the ay, more mems otherwise, as mp'S" every part ot the Hut. The United States BMl ocKhnred at one tlmo In tlte day's and Ontario and Western was tba steady sup JackiKmvlile. Fla. 1.UB3.550 878.35T (17I1.0C4 822.0.16 1.0K1.S7S 548.500 71X1.0.17 751 SSI 785.600 MO, 429 651,73 503.S77 (W8.12S 028,570 442,000 S22.2G0 398.038 447,834 472,737 443.000 .180,610 400.407 317.764. 107.330 27a 026 2T0.60S 109.558 18.533.902 .121805.000 1,700,381 475,008 BUT CONSERVATISM PREVAILS, TO CONTROL RETAIL TRADE.

In considerable volume at times, and the sale of New Tork exchauue to-day to meet uch a demand ptishe4 the market down to G0c discount, thouKh this la hardly a fair quotation, other sales having been made at 25c off. The mark st ia properly Jo discount bid and par aaked. Ratea for money continue unchanged at a ranee of 3 to 0 per but th majority of loans are now made at 6. The local demand Is only normal. ply of stock in potn caaee irom Some well irfcrmed traders who took profits In p.r.i iin.v bfrsn buying of This may be foolish on the part of the tru compuiy.

officials, hut It Is rnprc on part of. the officials of a na-tlonal bank It ia criminal." Commenting cn the street railway franchise ordinance the Toledo Time? nys: "When the-Denman ordinance of fifteen type written pages was submitted to Council 1 year the Times protested against the many dangerous omissions that wsro made in the crude, rough draft. These protests bava been heeded to the extent that the present proposition covers almost five times the space. 73 page.1. And the quality is Improved In even greater ratio than Its quantity.

"Both the machine organ and tho City Sol'c-Itor last year affirmed that the Denman measure was all rlirht. Now tho organ, with a subllma disregard for consistency, saym that tho present proposition Is Just what it has been contending for. And tho City Solicitor has evidently changed his mind, too. about the sufficiency of the former instrument or ho would not have submitted this year one 400 per cent, longer. are Inclined, to agree with th City Solicitor that the present skeleton ordinance, so far as it goea, is In moat respects an admirable one.

and with him to give. Judge Doyle large crsdit for its apparent good features. We further congratulate the Solicitor on having selected such good counsel and for- having followed this so closely. "Now, If the City Council will but do half as well. as has been done, we- may yet have an agreement betwem tho city and the company ateck again In fair quantity.

CEx. Norton movement, out tney ed and did not hold well. Af" I that tn GENERAL JOBBING DEMAND MAT MAKE SPECIAL PffiTCTES TO FAVOEED JOBBERS. 11.0 ACTIVE ALL OVER COUNTRY. Lowell Chester.

Pa. Greensburg. Pa. Rockford. Ill Blnshamton Springfield.

Bloomlnton, III. Qulncy. III. Sioux Falls. S.

Mansfield, O. Decatur, 111 Jocksonrille. 111. Fremont. Neb Houston 'Galveston tCharleston.

S. Cedar Rapids dividend had not tam raised onsrdas declaration. A sharp break Car was due to rumors that ro be disappointed. Tne fostered by the extremely easy monej marKei down for both ca.l The report of the Clearinff-houie to-day was 0.2 5.1 13.4 aa follows: Day, clearlnr 1.S03. 710 and tiro, loans.

ta BETTER DEMAND IN PIG IRON, Balance 1 Co, to J. J. Hunara on. New York There was more activity in tho lower priced stocks than-for some time. The market closed Irregular, but generally strong.

(Kelley. Miller Co. to Atmstedt Brca, New Tork. The speculative "excitement resumed full away to-day. Sentiment at the opening was somewhat undecided as to whether the recent spirit hod run Its course.

The development of further strength In Ontario and Westom and local traction Htocks nnnuiii. hrtwwr. that before the Tlw currency f--h7h 4. 24.7 The memoere oi aiuk- MOTION IN THE MERGER CASE. Growers' Association of Virginia and North Carolina have pledged them-, selves to hold their crops for batter prices.

nine loss in casn. nu S.tmil of reflection In the last week's t.JS'Sil Is looked for effect In to-morrow's statement Prices for bonds to-day show HtUe variation from those of yesterday, barring the fact that Roohester Railway and Light 5s ars poaalhly a shade llrmer, Philadelphia holding these 34.5 The sreat volum. of tho room tradtoe mad. Total In V. $2,750,230,357 Outsldo New Tork.

243,703.183 0.0 bonds -to-day at 93 and interent. Sales to the Dominion of Canada. New York, Oct 21. Bradstireet'a tomorrow will say: Good feeling in some Instances closely approachlnc ODtimism. dominates the iren- the protlt taxing in uio uu.

iflirahi. The "result was lrr.ju.ar and a "'S POSSIBLE PLOT TO END LIEUT. SCHMIDT'S LIFE. fir hour wai. over rising prices again were eral trade situation, hut thp llnriertonn Is the feature.

Enormous dealings in www W-slern carried I'. up 4ft. and it closed with ,1 i- than tven Tiftintji. The semi that won't later suggest the. propriety of a grand Jury Investigation of Council, and which withal one of conservatism, and there Is a general desire to avoid overtrading.

Past reports of good wholesale trade are reflected In an Increased speeding of the wheels of Industry, but, except In portions of the "West and Southwest, where cool weather has helped retail distribution, and official announcement that control had passed to the New Haven Railroad under either a guar- flat rtffrlne- of a fixed Attack On Officer May Been Prearrangedi Condition Hot Serious. par value of $48,000 wera mode in this market at a range of 92i and Interest to 02i and Interest: St. Louis Unltsd Railway 4s were a Bhade easier. 6ale were reported as High as SMi low a IulBVllle Henderson and St. Louis Cs brought 1U and interest.

Other bonds ordinarily deau in here were firm, tba bid and saked prices showing few changes. Total sales of bonds, par value. In this market to-day amounte, to $101,000. In the traction stocks there was noteworthy activity in Springfield- Railway and Light, which sold at 39 and 30. There wa some intnwt also in Louisville Traction common.

would be a stench In the nostrils of decent Montreal J24.407.212 4.0 Toronto 10.329.254 8.9 Winnipeg 0.878.956 2.0 Ottawa 2.407.014 6.1 Halifax J.6S0.361 6.3 Quebco 1.011.4U4 1.S Vancouver. B. 1,704.924 1.2 Hamilton 1,235.017 4.2 London. Ont 910.20.-. 6.9 St.

N. 1.110.680 4.1 Victoria. B. 747.443 12.5 Totals In Canada. I62.84S.C50 0.3 tNot Included In totals becaus containing other Items than clearlnps.

Not Included la totals ecauss of no comparison for last year. HIllCU VL HI luouu wi price to all stockholders was the motive of "But it Is whtn wo come to those blanks in the advance. The transaction ws inierprciu trt'tii entire anthracite eituatTon, this ordinance that the real fight Is yet to be ju ine Boutn, wnere good prices for cotton Induce free marketing of the crop, there is a disposition to regard the weath made. The skeleton must yet put on flesh, and Some of the police charge that a murderous assault, on Lieut "William and Delaware and Reading and the Bries made important gains. Later In the day It Is not certain what this shall ba.

Low rates Schmidt committed early yesterday of fare, as the Judge ably showed In his speech nvr Tr Cent. JIU m.t er as too warm for best results' In final distribution. Railway earnings turned the corner in August the roads of the country showing a gain of a fraction of 1 per cent, in gross and of 5 per cent. in. net over 1903.

Collections have continued to hold the im and the stock was doled out in small lots at morning by two negroes, ucnara ana Albert Turner, was the result of a were sharp advances through the railroad Hit. ir.i ti. Rnihnv roe 3A and Man nrlcs. There is no deposition io curtailment oi -Ina. rn stocks losing practically all of their gains.

Tho closing, however, was about stcadr. Bank Clearings. St Iuls. Oot. X.

CSpeolal.) Clearings balances n.068,703. Call money 34ii per cent. New Tork exchange 15c lOo discount asked. Cincinnati. Oct.

J3.j 25.400. Money 303,4 per cent. New Tons exchange ICC discount Chicago. Oct. 21.

(Special.) Clearings 63.711: balances Jl.843.0-2. Xw- Tork exchange 16o discount. New Orleans. Oct. 21.

Clearings $3.263.318.. N-eTt- York exchange: Bank at par; commercial; discount. Memphis. Oct. 21.

(Special.) Clearings 005.80:1.30. New Tork exchange 1 dUcouni buying. 51 premium selling. Boston. Oct.

21. (Special.) Clearlns-hoas exchanges: In Boston J24.122.175. New Torjg funds sold at par. STOCK QUOTATIONS. to the commlttso last night, are the best for the people, for whom alone the city acts.

And If the people want low fares they work hard for them, and work now, and keep on working." sell, apparently, and no great inquiry, though hattan 3 per cent. The breadth of the market tare didtribuCTon sales. provement noted last week, being especial COFFEE MARKET. there- is a better feeling on una secumj. nrirM were heard.

A sale of six under the effects of which there was a rather ly kuou at tne soutn. General jobbing demand, the country Over is most actlva In sttinltM he eold-biooded plot to end his life. Lieut. Schmidt was standing on the corner of Clay and Jefferson streets, when a pistol was discharged. Turning he discovered Richard Turner with a smoking weapon in his hand Just starting to ruu up an alley between Market and Jefferson streets.

Lieut Schmidt pur shares was reported at 72, and anothor sale of sharp reaction In the last half hour, jnaicatiw tn Kfronc market and Chicago, Oct. 21. Special. The tobacco trust which seeks to control the retail tobacco business of Chicago and 75 per cent, of the cigar trade outside of the loop district has formulated a new plan. This became known In Chicago upon the arrival of a circular letter from the Continental Tobacco Company, of New York, one of the leading companies which constitute the trust-Here Is a quotation from the 'circular letter: "We have formulated a new trade plan to take the place of our former allotment offer, and as this plan will go into effect on November 1, 1904, our present allotment offer 13 withdrawn, effective at the close of business October SI, 1904." Opinions differ as to what the "new trade plan" will be.

Some local jobbers incline to the belief that the trust is about to adopt a plan similar to that which It enforces in cities like New York. Philadelphia and Boston. This is to make special prices to the "favored" or trust Jobbers so that they can undersell the independent jobber who handles Independent goods. Chicago dealers In cigars and tobacco who understood the situation here say that the local jobbers who have accepted the "allotment offer" of the trust in the past have been practically forced to push trust-made brands to the exclusion of independent goods In order that they may not be obliged' to forfeit their profits. STEEL rOTOTDST groceries, shoes, clothing, hardware and higher prices in the specialties.

(Hutton Co. similar lines. The better dem-and for nl- Irnn nntnA to Jotm u. jjuniap. New York.

Oct. 21. Spot. Rto Arm; No. 7 In-voice SVjc; mild quiet.

Tlic market for futures opsned steady at unchanged prices to a decline of 5 points. There was eoras liquidation by recent buyers, but private Brazilian cables were bullbli and there was continued support. Tho close was steady at unchangel prices to a decline of 5 points. Sales were reported of 40,250 sued the negro, who dashed into a New York. Stocks opened strong and there house In Che rear or 707 tiast ensrson a small lot was heard of at tne same though this scarcely reflects tho true market.

The beet bid for a round lot known to be bona fldo was 71, made this aftemcon. Rochester Railway and Light common was very firm, selling at 4V. Detroit United sold hsre as high as 73. and brought 75 1" York at one time. St.

Louis United Railways common sold in this market at 23. Tho prc- ac In fit. Loulfl at 67vi. ana last week has gained in strength and has been reflected in further advances In prices. Finished material does not show as much activity, but the rallwavs are buying material qulto freely.

Hardware Is active In all lines and nails are selling street As the offloer approached the was a good volume of buying, tiw ran ich urcs were the demand for People's Gas, Met rnMlltn DalHtiinrn ami Ohio. MISSQUrl Pa door anotiher negro appeared and struck him two violent blows on the heaa bags. Including November at O.S5c. December at January at 7.05c. March at 7.20Q7.25c, ciflc and Union Pacific; the advances ranging ahu uuita- meiais are an stronger, CODOer.

tin aild lr-Jlfl holno- felling him to the ground. The officer was removed to the City Hospital, from to Ts- Reading ana umanw tum Western were features by themselves. Reading where he mug found to he not seriously higher. There la a better, tone In the fuel markets. Coke Is reported active at the WeSt BltUmlnOUS lnft) Shm mnm fn May at i.iir(fft.-oc ana uepiemDer at New Dry Goods.

New York. 21. Operations In" dry goods show little Increase and the day has not been injured. Capt Riley, under whom opened at 7776H a compared witn or r.otT-liv Ontario and West Lieut Sohmidt serves, made an inves ern opened with 15.000 on a range from 41 to AniL nH then nihe.l ud lo 42U. falling back t'gation of the rumors to the effect that the assault tiad been previously planned, but could find nothing to sub later to 41H on tremendous sales.

People's- Ga propitious for active ordering In either primary or Jobbing marknt. Increased firmness seems to characterize the attitude of sellers, who are not willing to operate as far shend ns In the Low-est- SflH 102 91 9S 07H 133 Vi. 184H CiT'S BM. 85; 102 5i4 9.1V. 6S;" issjii 1S3 46Sfi High.

est. 87 tl5" .133 ISIH 45 i blllty, but the manufacturing demand for anthracite lags, while domestic sizes are moving with seasonable activity." Lumber is- relatively quiet at the East, but there is considerable building oelng done at tile west. The tendency of the cotton market is downward. The markets for other raw textiles, such as hemp, flax, wool and raw silk are all strong and tending up- stantiaite the rumors. Lieut.

Schmidt became very strong, selling up to on ru ITun. la (miner tCt irtftrt a bull COm did not know the negro he was pursuing and had never seen htai before. past, owing to tne possiomtiee oi tne raw material. s-ci-s Naval Stores. The wounded officer was remo-ed from the hospital to his home, at Clay palgn In It.

Fresh buying orders coming In on Ontario and Western rushed that stock up to 44i. It seems as If there Is no let up in the nr.n.-f fnr thi hlcck. Erie was another and Bancroft streets, yesterday morn Savannah. Oct. 21.

Spirits ot turpentine Arm At the East the strength of the wool market Is notnhin. issue well bought; also Rock Island. Near the at 52Vic. Rosin firm: A. H.

it -M-v 70: II J2.72U-12.75: II 80 21 Ti 172 183j 7t Ing. He will be Incapacitated for duty for some days. Richard Taylor and his brother, Albert, were arrested at S2.S5: I 53: window Wheat, includIngflour, exports for the week ending October 20, aggregate 1.060,4ft; bushels against 1,357,175 last week, 4,263.080 Kl WAIei- white S5. close realizing took place In most ot xne issues, carrying them off to lU.rbut at that they closed with a strong undertone and with their home at 6 clock yesterday morn It Is assumed that tho great lucroas In the wealth of the country this year from ths products of the soil will revive commercial and Industrial activity to such an extent as to create a new era of prosperity wnlch will carry tho country through to the great world's bosm that tho great production of gold will soon bring about. Prajumlng that this will prove trus, the "Wall Street Journal says that tlicso who are responsible for the.

'management of railroad property, assuming that railways will not escape the beneficial results, will havo an entirely new problem Imposed on tiiem, relating to the division of profits. Tho leading lines of the country which have passed tho stage of experiment will then have become fixed substantial corporations with large a n' regular incomes to which the stockholders will be entitled. Some of- them now earn as much as 20 per cent, which could go to stockholders, and tbeie will be fewer reasons why there should be only a few stocks paying 10 per cent. In the United States and practically none paying more than that. During the first perloi of railroad development no money i earned for the stockholders.

In ths next a fair return on the investment is made, and then follows the period of great earnings which tax tho ingenuity of the management to dkpeso of. They are afraid to pay more thon 3 or per cent, to the stockholders. bcause might Indues competition cr call thattentlon of the tax collector -to the property. Some railroad managers are morbid on the subject of keeping down the dividend- rate. The late Presid-nt Robeits.

of the Pennsylvania railroad, who was extremely sensitive as to public opinion, thought that 3 per with an occasional small extra dividend, was all that any railroad except a leased lino of the Pennsylvania should pay. Mr. Roberts was firmly of the opinion that a railroad company shoull liav? no mortgage debt and that no live corporation ever ceased to make Improx-cments. Consequently on one occasion when the directors made up their minds to have a 0 per cent. dividend there was a serious time fer a few minutes as far a Mr.

Roberts was concerned. In the case- of some- lines the question of the payment of dividends comparing with earnings, and beyond any rather hitherto known, will soon a burning and vital one." Wilmlngion, Oct. 21. Spirits of turpentine lng by Detective Ahern and Patrolman Wei year, i.utu.ia,- in ix2 and 4.d2.134 in 1901. From July 1.

to date, the oxports aeTrrejrato 20.97534 n.v.hlng doing. Tar turn at xi.r.u. ci firm, at $2.30. $3.80 and $1.80. 'rt.

21. Turpentine and rosin. Dunn. the market all In the bulla' favor. are Leland.

against 49,806,774 last year, 83.S27.317 In ISC! Sales. Atchison 41,800 Do 3.8C0 B. and 0 15.400 Do 100 Brooklyn Rapid T. 30.SO0 Canadian Pacific. 2,000 Central of JJ.

100 C. and ".400 C. and A Do prefsrred Chicago Gt. West. 39.100 C.

and N. 3.000 M. and St, 38.400 Do 110 Chicago T. and Do preferred l.SCO C. C.

St. 500 Colorado Southern. 2.000 Do 1st pref WO Do 2d pref SCO Del. and 11. COO L.

and 2.500 D. and It. 1.200 Do preferred fOO Erie. 120.100 Do 1st pref 7.90O Do 2d pref 6.4C0 Hocking Valley Do 200 Illinois Central S-600, Iowa Central 2,700 Do preferred 3.500 K. C.

Southern 1.000 Do preferred 1.6C0 and 11.400 Manhattan 11.200 Met. Securities 24.400 Met. St. Rr 107.300 Minn, and St. nothing doing.

$C5 Oil Quotations. Oil City. Oct. 21. Credit balances cer Being Hemoved From.

Middleshoro To Mai Meadows, Va. Barbourville, Oct. 21. Special. The steel foundry of the Virginia Iron.

Coal and Coke at 4Iid-dlesboro is being dismantled and moved to Max Meadows, where it will bo put into operation, with. additions. This plant was erected twelve years ago at a cost of several million dollars, and was considered one of the finest in the South. It was never operated. The Virginia Iron, Coal and Coke Company is now making extensive repairs on Us Mlddlesboro furnaces, and the underwriting was quoted at A sale of San Francisco preferred was reported here a high ns It Is difficult to reflet th market on Toledo accurately.

None was sold here, nor In New York. There- Is actual scarcity of this stock in tho market 4t present, duo to tho stage wnlch the franchise negotiations have reached. It would havo brought 231 locally, and the only stock offered In New York was held early at 27. In-terborough Rapid Transit sold In New York as high as 161. International Traction was In Iwtt-r demand to-day.

and the bIJ pric was advanced to 17. It would probably bring: IS If offered. For the preferred stock 32 Is freely bid. and It would possibly bring 33. Both stocks are wanted in the East.

The International Traction Company hotds Its annual meeting on October 23. Whether anything Important is pending remains to be seen. It Is poealWe. but not probable, that Louisville stockholder will be given a representative In the Board of Such a request, there Is rrascn to believe, has made, and Is now being considered. Louisville having no exchange where dally prlc-s for securities are established, the following sales reported to-day are publlaheJ for what they may be worth: $28,000 Rochester Ry.

and Light 3 'O-'i $8,000 L. nnd N. collateral trust 4 17 la $2,000 L. and N. unified 4s ic $18,000 I.

H. and St. L. 3s '1" $5,000 St. Ixmis United Ry.

4s $3,000 St. United Ry. 4s Rochester Ry. and Light 3s 92ft $10,000 U. S.

Govrmment 3s JCtl $3,000 St. Louis United Ry. 4s 84H J2.CC0 Rochester Ry. and Light 5s 92ft fhares Louisville Traction 72 100 shares Roohester Ry. com 44i 100 share? St.

Louis United Ry. com. 23 Little Jim Has "Bossy" Ways and Likes Chicken tificates, no bid: shipments 92.111 average 20 5i 192 171 as if." S4 55 29K 17.TM. 294-i 3044 S2Vi 31, 72H 60S 6" 144 14 494 27i 49 -135H lSi 801? 120 221, 184 ikVi 23H r.s 177 Vi 295 315s S3-i 73H 52 145. 23 2S54 137 1G2 SS 130 75.359: runs averaire 7.40 pmeuta (Lima) 69,106.

average 00.241; runs (Lima) 074, average 61.020. Boston "Wool. in isui. corn exports for the week aggregated 607,893 bushels against last week, 1,809,883 a year ago. In 1002 and 1.18S.SS8 in 1901.

From July 'L'e e-Morts of corn aggregate bushels against 17,050,546 in 1905 In 1902 nnd 14,639,183 In 1901. Business failures In the United States for the week ending October 20 number 227 against 193 last week. 216 In the like lm' in 390-- 233 'n ISM and 161 in 1900. In Canada failures for the week number thirty-nine as against eighteen last week and twenty-five in this week a year ago. DUN'S "WEEKLY REVIEW.

Oct. 21. Of th? wool maiket the Conunarclat Bulletin will say to-morrow: "The they will be blown in within the next volume of business is largf. demand active an.i ES cMl ern Is awful spoiled two months, several rurnaces in vir-srmia will also be put Into operation 6 6' prices firm and hardening. Scoured -wools are 16 S3 1 54, 29 170li i 294 31 Si 37' 82 89 144 Vl.

50 28 50 -i 136 161 J2 86, 1291, 57- 2 133 S0 17 41 134' 72; 90 42 U16 selling- at a handsome nrou; on cost now-a-days," said a plain- month ago. Territory and California wool has at the beginning of the year. This Is Indicative of an Improvement in the faced woman. In a Louis advanced. Expectations held for over a year hnv? been realized on medium fleece, which has at lnt sold at 30c.

The demand Is largely ville street car, to another plain-faced woman. "There's my little iron market, and will also stimulate the coking business. A HEW PByESLDEWT from smaller millers, which, having received New York. Stocks held fairly firm during the afternoon, and some the high priced Issues, besides various io priced specialties, closed higher, than yesterday. Cases la point n-ere Union Pacific and Pennsylvania, which reached new high prices for the year; Erie, Rock.

Island. Ontario and Western, People's Gas and St. Paul. The buying was of a better character than of and came many parte of the country. It raised the question which we put several days agi a to whether the time has not yet arrived when the public absorption has not nearly.

If not entirely, risen to the proportion of the profit taking of big people. Should this prove true stocks will again forge ahead and will reach new high levels. Meanwhile heavy distribution of Htocks by large interests proceeded to-day. A leading capitalist Identified with prominent raUroada was reported to have sold 150.COO shares. One of the most significant incidents was the way In which the offerings.

of United States Steel From, the character of this afternoon's transactions It would appear that the low priced iFStiea and specialties will receive a good deal cf attention during the next few days. The jump in Erie and Rock Island was what many persons had been predicting for a long time: It served to direct attention- to other low priced stocks, which. It tras assumed, will take their turns sooner or later. (C. I.

Hudson Co. to John D. E. Green. St.

P. 4i Sault Marie orders for have been obliged to cover COO 82 with raw wool, selection" are poor and stccKs very much depleted. Contracting for the illp Jfro he ain't ten years old that kid ain't an' he bosses me roun' same as his paw does evy bit Jes" th' same. of 19C5 itf Idaho and Utah Is reported, cne boj Xor the Lackawanna Steel Company ton house participating. The movement is not general, however, and not likely to become so, 'Will Be Announced Soon.

for locul dealers consider folly to enter He jes' the' livin' image ov his paw- such The shipments of vro2l from New York, Oct 21. Negotiations have 105 3154 59ii 17 41, 136 73 44 137S, 71 Tt.wton to from December .11. 190.1. accord same bad tempter, mean, fussy ways been arranged, according to the Herald, for the election ot a successor to Ing to same authority, aie pound. 1UG TT.f.

o. tin. enmn lima vea- an ev'rything. An' little Jim jes' 'cause a mouse fefl In th' cistern he "Walter Scranton, who resigned more than a year ago as the president of the wouldn' drink a drop o' that water no Lackawana Steel Company. E.

A. S. Clark, general manager of 3 shares Detroit United By 13 shares San Francisco pfd. lft 100 shares St. Louis United Rys.

com. 23 47 shares Heme Telephone -lH ICO shares Home Telephone 214 200 shares Springfield Railway 39 200 sliares Springfield Railway SUM And intent. The Toledo Railway' and Light Company's proposition for a twnty-nve year franchise extension has been submitted to the Council com-mm Action by the Council if expected Do. preferred Missouri 10.C00 K. and 18.S00 Do preferred 12,000 Mexican 17.300 Nat.

Ry. Mex. 1.C0O N. V. Central 4.000 Norfolk and West.

5.5C0 Do pref erred Ontario and TVest. 251.70 Pennsvlvaala 143.000 C. Si St. D. 300 Reading 161.C0O Do 1st pref 200 Do 2d pref 700 Rock Island Co 138.800 Do preferred.

S.F. 2d pf. 1.400 St. 1.900 Do preferre.1-. 2.200 Southern 29.100 Do 1.000 Southern Railway.

44,100 Do preferred 400 Texaa and Pacific. 0.S00-T.. St. and 1.000 Do preferred 4.300 Union Pacific 11L100 Do 200 Wabash 7.S00 Do preferred 5.400 W. and I.

7.C0O Wisconsin Central. 2,400 Do preferred 2,100 104 2094 57 1X 133 Ji 73 4014 13S4 74 7614 8S 80 2915 72 6214 "2 49 61 1.16 34 "4 9511 34 31 40 10U 95 21 43 19 45 txie international Harvester Lrompany, well known in iron and steel circles in the "West has been chosen by the directors, it is stated, and after certain formalities the announcement of his The receipt's to date are 272.9S1.512 prunes, against 250,074,200 for the eamr? period last year." Liverpool Grain. Liverpool. Oct. 21.

Wheat Spot nominal. Futures it'iiet: December Ts 4Vid: March," 7s 5THd. Com Spot. American mixed steady at 4a Od. Futures quiet: December 4s January 4s Hops at lmlon (Pacific coast) strong at 18 5s0.

s-o Hester's "Weekly Cotton Statement. New Orleans. Oct. 23. Secretary Hester's election will be officially made.

Mr. Clark was at one time the general SS 31 74 02 22Vi 40Vk C2 116 85' 90. 35 31 01 107' 95 20 2214 15f, within a week. The company's proposition In -74 03 zn 50 llOii 35H 93 35 32 5154 10S54 95 22ij 4414 20 23 4S9i manager of the Illinois Steel Company. LOUISVILLE MATT ELECTED.

brief Is as follows: Six tickets for a quarter, or 25 for $1. "When the earning amount to 23 cents car mile th will be seven tickets for a quarter. A. H. Robinson.

President of Local and when they reach 30 cents per car mile Eire Insurance Agents. St. Louis, Oct. 21. At the concluding For the month of September the Detroit United Railway Company reports an Increase in gross earnings of $10.23.

all of which Is saved for the net save S9S9. which represents Increase In operating expenses. Other income Increased $71-1. making $0,850 gain In net income. From this should be deducted $5,394 for Increased.

fixed leaving a gain In surplus for the month of $4,230. The actual surplus for September Is $100,091. For the nine months of the calendar year the gain in gross earning was $83,178, but the Increase In operating expenses amounted to $127,227. leaving a decrease in net of After allowing for other income, and deducting the Increase In fixed charges for the nine month, the decrease In surplus amounts to $102,703. This, as heretofore stated, is due wholly to (he exceptionally hard winter, through which the company had to expend large sums for repairs and operating, r.otwitlistanding a decrease In gross business.

The surplus of Detroit United for the nine months amount to $339,077. It takes $300,000 to pay full dividends for the year, If Detroit earns only a surplus of $73,000 per month for the remaining hree months of the calendar year, the surplus over and above dividends will be However, with steady gains in gross from now on, the road should do better as far as surplus Is concerned. If the surplus for tho remaining three months should average $93,000 per month the total surplus above dividends would amount to $324,077, as compared with $311,800 last year. This is not Improbable, but It would be somewhat remarkable. In view of the adverse factors with which the management has had to contend.

The statement for September and the nine months follows: 1904. 3903. Increase. Gross earnings. $421,937 $411,812 $10,123 Op.

exp. taxes 234.535 233.59G 9S9 session of the ninth annual meeting of the National Association of Express Companies. he wouldn an', he wouldn' be washed with It neither. An' th' mouse wuzn't In there a. minlt I seen it fall in myselfon'' dipped it right out with th" bucket.

So we had to pump that there cistern plumb out an' clean it; jes' 'cause little Jim's so much like his paw so fussy an' so bossy, an' so pertlck-ler." "An little Jim he won't go to school a day not a single day less'n he has a whole fried chicken to take along with him fer his lunch. That's so I have to fry him a whole little chicken ev'y mornln' er he won't go a step. He stayed at home las' Friday, 'cause I had neuralgy an' dldn' fry him no chicken. Yes it takes lots o' chickens; we live kind o' out o' town, y' know an' I've got seventy little fry-chickens an' while them lasts, he'll go to school, I reckon an' we'll have to buy chickens fer him then, I reckon. Yes his paw had ort whip him, an' make him go "thout no chicken er ha'f a one, anyways; but land he jeB' laughs an' he says little Jim is a hlgh-liyer an' he sure is.

Dear me chll-'ern gits awful spoiled when their paw Jes' laughs at all their bad ways." FILE CHARGES AGAINST POLICE OFFICERS. Trade Reports Are More Encouraging Bach. Week. New York. Oct.

21. R. G. Dun weekly review of trade to-morrow will say: Trade reports are more encouraging each week, while the feeling of optimism JSSX lmura is becoming general Ith Its customary to discount commercial prosperity. Wall street has lifted the average price of the sixty most active railway shares above jar for the first tlmo since May ot lasrt vcar Manufacturing plants steadilv increase their output, particularly gratifying feature of the week being the hirge tonnage of steel purchased by the rallwavs and tile advanced prices for pig iron suggest that the depression In that Industrv has run iti course.

Textile mills are doing more work, even "the New Kngland cotton centers reporting less procrastination amonir buyers, which Is the more noteworthy- because the now contracts were placed at o-tlme when the raw material was declining Shipyards are more fully engaced, and structural work begins to assume normal proportions. Jobbing and wholesale trade In spring goods make a better corn-par son with last year's volume and current retail distribution of merchandise is increasing. Payments are still somewh-tt Irregular, yet there are comparatively few Foreign trade at this f2.r,the last week shows a gain ot those of the same week in 1S03, but a loss of in ex ports. A few freight blockades have occurred, and traffic Is very heavv In som sections, while all railways renortinc fof the- first balf of October show an average gain of S.6 per cent, over last years earnings. Revived Interests in finished steel and practically all departments of the Iron Industry have come so suddenly as to excite particular comment, but It is not surprising, considering the enormous tonnage imder consideration for so many months Held back alone by the cattUon of buyers who wanted to ibe certain that the market would go no lower.

This new business Is found practically In everv department notably those pertaining to the rallwavs' Hides have attained a still stronger no-sitlon. large sales of branded cows and calfskins giving holders the desired there- is a wholesome demand at leading feather markets. New England shoe shops are receiving a fair volume of orders for spring shipment. Conditions are steadily growing more satisfactory at the woolen mills except for the great strength of the raw material, and all sections "of this industry are in sound condition. ms wek numbered 215 In the United States, against 279 last year and 39 in Canada, compared with 26 a vear ago.

Insurance Agents, held to-day on the High. "World's Pair grounds, the following est. Cls'g Bid. 235 207 117 237 over the whole system eight tlcksts will be given. Children between the ages of sir and ten years may ride for two cents each.

Univercal transfers are granted. Th company pays the Robison 1 per cent, earnings, and the city its lighting bills. leaving a balance In favor of the city of $4,298.37. Tho company will expend in betterments lo nine years. Rnd $400,000 of that sum the first year.

Forty new cars will be added in six months. All track over seven old will be rebuilt. 'The company will pay $150,000 to $200,000 toward a new or enlarged Cherry Adams American United 209 117 2C9 117 100 100 wells-Fargo. omcers were elected: President, A. H.

Robinson, of Louisville; secretary, H. H. Putnam, of Boston; treasurer, H. irandevllle, of Olean, N. Y.

Vice presidents named include J. W. Offenhauser, of Texarkana; J. Ganowright ot Cincinnati; L. W.

Chlldrey, of Norfolk, Va. Industrials. Sales. Highest. 64 26 Sl 311.4 Lowest.

34 26 A 84 3114 844 33 Vi street bridge. APPEAL IS ASKED 23,000 1.C00 100 100. 366 400 The lines will be extended to Ottawa rarw and a cross town line built. Tho Broadway-Casino Una will be extended to the city limits at iirh end. Xew The speculation In the stock market to-day underwent a decided change of character, and the uncertainty and hesitation of the paet few days gave away to the growth of bullish sentiment, stimulated by remarkably heavy buying of the standard railroad Mocks at advancing prices.

London came firm, with prices for the general list slightly higher, and with exceptional advances' In Ontario and Western and Reading. This boused a Urm opening here, and after some Irregularity in the initial trading a buying movement developed in Ontario and Western which -Influenced higher prices for the general list. 'Tills was followed by a sharp decline In Amalgamated Copper and some selling cf Steel preferred, but before noon aggressive buying of all the traction stocks carried prics for this group up In a rather 5ensatJonal manner, and this movement was followed by exceptionally heavy buying of Ontario and Western, Pennsylvania. Heading and Erie, the purchases br these 'stocks having been by brokers representing Standard' Oil and Morgan Interests. This buying turned the whole market up and stimulated bullish sentiment, which was further increased by.

an active buying movement in the Ilarrlman. stocks nnd Gould shares, and later on Rock Island. The technical position of the market has been materially strengthened by tlie reactionary movement during the ftrst half of the week. Weak holders have been shaken out, and a fair sized short Interest established, the generality 'of traders at the same time entertaining pessimistic views concerning' the market. The activity and advance In Ontario and Western was based on official admission that control of the property "has now passed to tho New York.

Kew Haven and Hudson, and the latter will guarantee a dividend on Ontario and Western approximating 2 per although the amount has not yet been, officially stated. The big interests have again come into the market as buyers of stocks, and this reflection cf confidence on their part has influenced a more general, bullish feeling- and will encourage buying on the part of the outside public. Any moderate recession. In prices should be availed of to buy the standard stocks. (T.

A. Mclnlyre Co. to W. JU Lyons Co. SVi 38T4 Cls'g Bid.

63 26 84 31 92 Stt' 381.J 13 35 20 99 67 109 I 136 91 I 40 2tS Tho pomnanv will pave twelve inches on the 2S 97 67 0.800 3,200 13.100 outside of each n-i rars will be operated once every hour 29 100 0S 110'A If Council ixisses an ordinance directing their 109 l.SOO From Vice Chancellor's Decision In Tobacco Merger Case. Trenton. N. Oct. 21.

Julius C. Ikel-helmer and others to-day filed in the Court of Errors and Appeals an appeal from Vice Chancellor Pltney's decision in which he refused to enjoin the merger of the American Tobacco Company, the Consolidated Tobacco Company and the Continental Tobacco Company. Tlie Injunction was denied on "Wed 8,400 130 94 operation. "This la our last proposition, mads roo 95 Net earnings. Other Income.

$187,352 2.341 1.S27 $9,136 71 stated L. E. Bellsteln with reference to the new Total $159,893 $9,830 Fixed charges 89,802 S4.20S 5,591. street railway franchise. "You mav make It Just as emphatic as you 39 218 IT 76 33 176 18 41 219 17 76 34 17T 1854 78 24.1C0 12.100 200 100 5.700 200 600 1,000 18' Surplus $100,091 $05,835 From Jan.

1 to Sept. 30: Gross earnings. $3,304,050 Op. exp. taxes.

2,074.703 1.947.47S 127.227 nesday and on Thursday the articles of merger were filed i with the. Secretary ot Amal. Cower. Am. Car Do preferred Arrt'n Cotton Do preferred American Ice Do Am'n LinBeed Oil-Do Am'n Do preferred Am.

Smelt. Ref. Do -preferred Am. Sugar Ana. Mining Col.

Fuel and I Consolidated Corn Do preferre-J Diet. Securities Gen. Electric. Intemat'l Do preferred Intemat'l Pump. Do National Lead North Pacific Mall People's Gas Pressed Steel Do preferred Pullmaji Pal.

Steel Do preferred Rubber Good? Do preferred Tenn. Coal and U. S. leather. Do 17.S.Realty Imp.

U. S. Rubber. Do prefsrred U. S.

Steel. Do preferred Westln'house Kl.c. Western Union eiaie. Net $1,350,572 Other Income 30,223 29,572 C31 To Relievo Congestion. Columbus, Ohio, Oct.

21. The officials of the Pennsylvania lines here have re Total income $1,386,144 Fixed charges S03.009 743.762 39,307 weekly Hew Orleans Cotton Kxchange atate-nif-nt issued before the clcae of business to-day an increase in movement Into sight compar-id witt. the seven 'days ending this date last year In round figures of 120.000 bales, an increase over the snme days year before last of 114.000 and an lncrea5e over ths same time In Ml of 300,000. For the J1 days of October the totaJa show an increase over lost year of bales, an" Increase over the some period year before last of liltU.GOO and over tbj iaine time In IttOl of .9,000. For the 31 days of the season that have elapsed the aggregate If ahead of the 51 days of last year 1,003,000 bales, ahead of the same days venr before last 403.000 and ahead of 1001 by Thi amount brought Into sight during the past week has been against for the seven days ending' this date lasi vear, 410,701 year before last and same time In 11)01.

an.i for the 21 dayn of October It has been bale, against 1.221.CC0. last year. year beforo last and dame time in 1101. The movement since September 1 shows receipts at all United States ports 2.230,441 bales, against last year, year before last and 1.303.91K! same time in 1001. Overland across th? Mississippi, Ohio and Potomac rivers to Northern mills and Canada against 2I.S2tl last.

year. 11G.001 year before-last and 110,110 same time In 1001: Interior srocks in excess of those held at the close of the commercial year :t2.773. against 200.119 last year, 34X115 befora last and same time in 1901; Southern mill takings IB2.000, against 278.2S& last, year, JKS.SSO year before last and same tlmn In 1901. Theso the total movement for tho 51 dav3 of the season from September 1 to data 2.S90.150 bales, against l.UTl.SOS last year, 2,1 vear beforo last and 2.0S5.334 same time in 1901. Foreign exports for the week have been balss.

against 2C0.035 last year, making the total thus far for the season 1.4C4.9ft3. against 93327 last year, an Increase of Northern mill takings and Canada during the past seven days show an Increase of 21,71 bales as compared "with the-1 correspond Ing period Inst year, and their oiAl takings since 1 have Increased 31,332. The total takings of American mills, North, South and Canada, thus far for the season have been against 517.700 la-Tt year. Theee Include 2C0.S02 bv Northern splrmers, against 235,470. Stocks at the seaboard and the 29 leading Southern interior centers have increased during the week 202.

45S bales, against an increase during tho corresponding' period last season of and are now 3S0.S41 greater than at this date in 1903. Including slocks left over at ports and. Interior towns from the last crop and lh; number of bales brought Into sight thus far from the new crop the supply to date is .1.142,117 bales, against 2,130,602 for the same period last year. WORLD'S -VISIBLE SUPPLY STATEMENT. Secretary Hester's statement of the world's visible supply of cotton, made up from special cable and telegraphic advices compares the figures of this week with last week, last year and the year before.

It shows an Increase for the week just closed of 274.601 bales, an. Jn-creaso of last year and an increase of 1G4.775 year beforo last. Tho total visible is bales, against 2.410.2OL last week, 2,112.003 last year and 2.413,016 year before last. Of this the totil of American cotton Is 2.20S.S92. against 1.017,-291 last week, 3,017.908 last year and 2.000 016 vear before lost, and of all other kinds.

Including Egypt, Brazil, India, 4S2.000, against 499.000 last week, 403.000 last year and 443,000 vear before last. The total world's visible supply of cotton as shown above shows an -Increase compared with last week of 274.ti01. an Increase compared with Inst year of and an increase compared with year beforo lost of 247,876. Of the world's visible oupply of cotton as above there Is now afloat and. held In Great Britain and continental Europe 1,308,000 bale.

Investigation was made yesterday by the Board of Public Safety of the formal charges made yesterday, that Col. Sebastian Gunther, the Chief of Police: Capt. James Jacobs, (Detectives Joseph Forstlroj and "Will Kimble and Patrolman Philip Smoot had failed to act on the complaint of a citizen that women of disreputable character 'have been and are living at Sixth street and Bel-gravia Court. The boArd found- that when the complaint was made by Clarence Walker, Col. Gunther.

had reported the case to Oapt. Jacobs, who sent men to watch the 'house. These men watched it for two iweeks and. were unable to find any evidence of any wrong conduct on the part of the woman or any of the persons in the house. The board will make a further investigation to-day.

CORPORATIONS FILE ARTICLES AT FRANKFORT. ceived orders from the Pennsylvania BUSINESS OP THE BANKS. railroad omciais in tno least to rush engines East to be usea between Pitts burg ana New York to relieve the con. testion in freight traffic. A similar or 79 '-'4'4 96 I 39 1(9 I 81 I 223 "12 32 22 85 56 1 I3j 83 S3 20 81 171 91 2S 97 40 109, 40 81 12 22'4 so' 57 13 9i 63 29 21 E2 172 92 '-'4 91 39 107 38 81 ii" 52 22 S9 56 13 91 63 28 S3 20i 172 91 6.10O 400 3.700 SS.600 14,400 900 "iono 200 1.6C0 100 2.400 l.BCO JfO 1.000 266 53.100 74.800 1.0H) 300- Surplus $339,677 $642,382 $102,705 Decrease.

As illustrating tho earning capacity of Detroit the following table showing gross and nst resuljs for a series of years will provo interesting: 1901. 1P03. 1902. 9 mos. $2,953,124 Exp.

and taxes 2,074.705 1.947.47S 1. 668.017 STOCK MARKET REVIEW. mofl. $1,312,253 $1,350,572 $1,285,107 Increase of 15.9 Per Cent. Shown Tn the Clearings At Douisville.

New Tork. Oct 21. The following table, complied by Bradstrect's, shows the bank clear-lnss of the principal cities for the -week ended Octobor 20, with, the percentage of Increase and decrease as compared with the corresponding week last year: P.C. P.C Inc. Dec.

New Ttork $1,800,463,174 55.5 Chlcaeo 157,5.11.535 0.7 Boston 148,193.921 9.4 Philadelphia. 22.3 St: Louis 21.0 Pittsburg 44.931,778 1.0 San 34.SOG.970 1 6.9 Baltimore 2G.893.4.TO 5.5 Cincinnati 22.090,900 1.7 WALL STREET BRIEFS. New Tork, Oct 21. Money on call steady at 114Q2 per closing bid and offered at 1: time loans easy and dull: 60 days 3 per 90 days and six months 3U; prime mercantile' paper Sterling exchange Arm, with ac Total sales for the day, 1.927.600 Ex-dlvidend. BOND QUOTATIONS.

tual business In bankers' bills at Frankfort, Oct. 21. Special. Incorporation articles were filed in the department of Secretary of State today as follows: The Lamb Coal Company, of the county of It has 540,000 capital stock. for demand and at for G0-daj bills; ported rates and Kansas City 23.CO7.940 10.

tt wish," said Attorney Barton Smith to a Toledo Times reporter. "This Is our very best bid. and If th; is rejected wo will coniinuo as we have In the There will be no second proposition. It 4s rii'y firm conviction that this ordinance it the best in. the country." The ststement.1 quoted nbove were made at the conclusion of a long session of th3 Council Railways Committee.

Tho committee meeting opened nt 9 p. m. and adjourned at ten minutes of midnight after receiving the Railways and Light Company's bid for a new franchise. The committee took no action on the bid than to instruct the clerk to Insert all provisions of the same In the skeleton draft, and have the same printed In pamphlet form for general distribution. The committee adjourned to meet on call of the chairman after defeating by a vote of 0 to.

2 a motion of Joe Cooper's to defer action until after election. This is taken to mean that an effort to pass the ordinance will be roado prior to the forthcoming election. When Mr. Smith read the bid on fares he remarked as he touched the sliding scale that It was "the Mayor's plan." Mr. Bellsteln expressed the opinion that the people would be getting seven tickets for a quarter within six years.

The company's earn-Inga grow from 12o.per car mile to 13c. In 15 years, and at the present rato of growth should reach 25o In live years. Councilman Hobart said that In and St. Paul the earnings 35c per car mile, and 'in Denver 25a It Is said that tho Railways Commttte wilt hold another meeting at an early date to tho bid, and may approve the some by a majority vote, putting tho franchise up. to Council for final discussion and action thereon.

SpeciRl attention was directed by Frank A. Vanderllp in his St. I-ouis speech to the danger of banks runnings with too small -reserves. "The supply of money." said he. "promises to expand at the same rate that has been experienced slnei 1S96.

That la one of the things on which we may base the prom-lee of a full -return of prosperous condition. This Increase In money will be so largo as to give opportunity for a notable expansion In credit. But the great need Is that tho banks in their eagerness to facilitate business actlvlty aud In their desire ot profit to the utmost by the return of prosperity shall not expand their credits more than 1 legitimately warranted by the expansion In money. The first principle of banking Is conservatism In prosperity and cour-acft In panic and the danger that now commercial bills Bar silver 6Sc Mexican dollars Government New Tork. Oct.

21. Bonds were. Arm. Total sale, par value, $0, 705,000. United bonds were unchancred.

on call. The following ore the closing bid prices on Government bonds: iew urieans l9.019.Jw 9.5 Cleveland 13.8C4.Otl 13.3 Minneapolis 22.227.736 12.6 Detroit 10,906,180 4.6 Louisville 11,373.381 15.9 Omaha 8.512.6C5 4.1 Milwaukee 7.017.081 16.S Provldenco 10.060,800 0.9 Buffalo 6.f82.7SS 3.5 Indianapolis 6,403,463 10. St. Paul 6.804,335 0.8 Los Angeles 6.4S4.0S0 5.1 It Is reported that the Sloss -Sheffield Co. has decided to accumulate iron up to the amount of 500,000 tons at Its furnace bank, expecting the market to advance from $2 to per ton by January 1.

Union Pacific statement Just out. Very favorable. Shows earnings of about 12 per cent, on common. Railroad earnings reported to-day were: Union Pacific report for the year ended Juno 30 shows net for 1904 net for 1903, $22,327,973. Baltimore' and Ohio September net Increased $1 OS, 60S; for threo months net decrease $413,190.

si' MARKET LETTERS. bonds steady. Ballroad bonds firm. There tras a revival of speculative excitement In stocks to-day. There was some uncertainty In the early market as to -whether the midweek reaction had.

been decisively checked by yesterday's late rally, but as socn as this was seen to ba the case the trading broke into.HTeat animation. The. rise was uneven, ona point and then another being affected, but in- tho course of the day's very 104i 101H St. Joseph. ,4.291.

028 0.9 der nas been sent to all of the divisions of the Pennsylvania lines west of Pittsburg. Decision. Against Railroads. Jacksonville, Oct. 21.

A decision has been rendered in the Supreme Court of Florida in the phosphate rate case, wliich has been in the courts since last December. Peremptory writs of mandamus have been, issued compelling the railroads to put in force a rate of 1 per cent per ton per mile on phosphate on all shipments to all Florida ports. Sudden Drop In "Whisky. Peoria, 111., Oct. 21.

"Whisky took a uddcn drop of a cent and a half today, being posted at 51.25 on the bods of finished goods. This is a drop ot three cents in the last two months. Local distillers say Wie decline is caused by the war between the Trust and the independents. The output will not be affected by the cut. Race Between Navy Yards.

New York, Oct. 21. A shipbuilding race between the New York and Mare Island Navy Yards has begun over the construction of two colliers authorized by the last Congress. They are to be the largest and fastest boats of their class in the wprld. Each will be about 500 feet in length and cost about $1 S.

Cook Promoted. Mobile, Oct. 21. W. S.

Cook, of Mobile, was appointed auditor of the Mobile and Ohio railroad to-day to succeed R. V. Taylor, lately appointed general manager. Mr. Cook has been in the employ ot the Mobile and Ohio Company twenty-nine years.

His headquarters will be in Mobile. Union Pacific Report. Now York, Oct. 21. The pamphlet report of the Union Pacific Railroad Company for the fiscal year ended.

June 30 Inst, issued to-day. shows; Gross earn- large dealings practically all the Important stocks cam in for their share of the advance. The tide of the market 'was so strong that room traders became very -bold ir 'their- operations and dealt In practically unlimited amounts of the violently active stocks. Tbe dimensions of such operations are indicated by ngainst. 1.10(i,uw ia.it jvar and 1.I5..000 year the bid made during the spurt in Pennsylvania for any part of OftOOO shares, at This Shelby county.

It has' $12,000 capital stock. The Spencer Hat Company, of Spencer county. It has 510,000 capital stock. Mrs. Sarah Ahern Dead.

Mrs. Sarah Ahern. wife of John M. Ahern, a saloon-keeper living at 6J1 East Main street, died of apoplexy early yesterday morning. Shortly after retiring Thursday night, Mrs.

Ahern was afflicted with pains In her chest, which gradually became so severe that a physician was called. Dr. Hugh -Mc-Cullough was summoned, but Mrs. Ahern died a few moments after he arrived. She had been suffering from heart disease for some time.

Mrs. Ahern was forty-two years of age. She was formerly Miss Sarah Coffey, of Frankfort. being a daughter of Capt. 'Malachi Coffey, who served through the Civil War.

She is survived by her husband and four children, Maggie, John. James? and William Ahern. The funeral services will be held Monday and the burial will be in St. Louis cemetery. If you had a contract to let.

vou would read the bids submitted before closing the matter, wouldn't you? Now that you must buy an overcoat, isn't it a good plan to read the "bids" ted by our advertisers before making the purchase? TJ. S. Bonds. Cs. registered Do coupon Ss, refristered Do coupcx.

New 4s, registered Do coupon Old 4b. coupon Miscellaneous Bonds. Atchison general 4s Do adjustment 4 Atlantic Coast: IZne 4s. Baltimore and Ohio 4s Do 3s. Central of Georgia Ss Do first income Chesapeake and Ohio 4.

Chicago and Alton Chicago, Burlington and Qulncy new 4j Chicsgo, Milwaukee, and St. Paul gen. Chicago and Northwestern conml. 7T. Chicago.

Rock IIand and Pacific Do collateral fcs. tr C. C. and St. TjouI.i gen-ral Chicago Terminal 4s Consolidated Tobacco 4m Colorado and Southern 4s Colorado Fuel "is Denvsr and Rio Grande 4s Erie prior lien 4s.

Do general 4. Fort Worth and Denver Citv Hocking Valley '4 Vis Louisville and Nashville nnWed llanhattan consolidated gold 4s Mexican Central 4s Do ftrst Inoome. Minneapolis and St; Luls Denver 5.102 154 9.0 Columbus 4, 075,560 8.7 Memphis 7.007.120 25.4 Seattle 4.999,8110- 8.4 PJchmond 4.94S.431) 21.7. Washington 4.371,735 13.9 Savannah ti.532,409 4.S Albany 4.429.7CS 37.9 Portland. Ore.

4.778. 050 23.3 Fort Worth 4.009.344 3S.3 Toledo, 0 3.189,2:'.2 7.9 Salt Lake City 15.1 Peoria 3.228,707 1.1 Atlanta 4.018.269 17.1 Rochester 3.17S,4eO 22.9 Hartford 2.r),034 10.3 Nashville 2.Stll.2(i3 14.4 Des Moines 2.170.3S4 1.5 Spokane, Wash 12.3 Tacoma "S.lMIMn5. 39.4 Grand Rapids 4..1 New Haven 1.S74.-722 5.7 Dayton 1.620465 10.7 Norfolk 2.127,791 10.0 Springfield. 1.U76.S01 lli.S Worcester S.o Portland. Me.

1.079,47 26. Augusta. 6a. 2.254. 72S 31.2 Topeka.

1.046.770 .26.11 Sioux City 1.433.7(!7 5.7 Svracuse 3.404,021! 14.0 Evansxulc 1.262.659 10.4 Birmingham 1.R50.707 411.9 Wilmlngion. Del. 1.OI7.7S0 18.8 KncxrtUe 1.219..1i:4 2S.S 'Davenport 806,631 20.5 nerore last; in u-gypi. gaiiwt oi.ijw last vAar nnd 84.000 before Inst; In India 203.000, against 199,000 last year and 1S2.0X) vear before. last, and in the United State against 741,000 last 3'ear and year before last.

TAKING OF AMERICAN COTTON BY SPINNERS THROUGHOUT THE WORLD. Secretary Hester gives the takings of American cotton, by spinners throughout the world as follows, in round numbers: Th la -week- 272.tKK bale this year against 101.000 last year, year before last. kind of trading Is made on quick turns for very small price changes, and the trader is in and out of the market many times on a movement, thus adding enormously to the aggregate of tho total dealings, tvlUiout perhaps effecting any actual transfer of holdings at all. The belief that a contract for transfer of control of Ontario and TVestem to New Haven bad been made was the principal Influence on the market. Tfc terms of the contract re nfiij ssu.

ir, SI'S. ior'i so OS r-'S? 10 so SI Vj 1001 ssu 110'i 103 lO'i' New York. Excited bullish enthusiasm developed again this morning after a rather uncertain cpenjhg. The gait was too fast to suit 'dominant Interests apparentlyand the advance was cl--cked by heavy offerings from good quarters. But as soon as this pressure wai removtd the market again forged upward undor buying, and the repeated efforts to- fcrc; a slower pace caused, considerable Irregularity, without, however, abating tho underlying strength.

Th conservative element was again depreciating the lapidlty of the advance, particularly In-the specialties. Experienced irnderf: and shrewd observers are beginning lo advocate tho wisdom of frequent pr-flt taltlr-s because of the growing vulnerability of tie market. When public enthusiasm runs too liifeL there la always present the of reactions. A fairly good bank is expected to-morrow. There has teen a ndtratc loss In cash this week, but the liquidation Wednesday and Thursday morning confronts the bankers is that they may draw Total since September 1 this year 1,241,000 bales, against S71.000 last year and 1.333.000 mained a matter of surmise and left room for tba astonishing in the stock.

It was assumed, that the terms offered to tho majority Interest would be exiended to all holders of stock, and the rumors of the terms too largely upon their reserves, reducinr them to too thin a margin. The idea that there Is a nrw law of banking, by which reeerves may be dispensed with, has by no means been altogether removed by the experience of J903. There are officials of banks as well as of trust companies who still ar ludlffertnt to tb damanda the year betore. Of. this the Northern spinners and Canada took 2G7.C00 balw this year, against 23G.000 last vear.

and 294,000 the year before; Sauthern rplnnrrs against 282.000 last and 3CK.oon the yar before; and foreign spinners tuiO.COO. agalns: last year, and 731,000 the year beforo. pointed to prices well abov the market, or to a dividend guarwit that would, be enutYa- ft 71.