davidaulloa/AmericanStories huggingface dataset:
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
RlIfits Hatch Talks,
Especial Telegram to the Globe.


CHICAGO, Aug. 14.-"The bottom has
dropped out of some valuable stocks" re-
marked "Uncle" Rufus Hatch, good ma
turedly, sand number Of spectators ara
to be ruined by it. The causes of this
little Hpanic are that there has been an
over production of some lines of manu-
featured goods and an unlimited amount
of speculation in watered stocks. Van
derbilt and Gould have got to the end
of their bubble blowing, and the
New York Central is the greatest bubble of
them all. Willard stocks have suffered with
the rest, but they will not be dropped for
any great length of time. The reason
that am bull on the Northern Pacific
stock is because it has land back of it. I
tell you that $4,000 acres of land in this
country is worth something. Some of it is
bad land and some of it
is good, but if it averages S. an
acre, there is enough of it to make
Northern Pacific stock pretty good. 1t
won't be long before the Northern Pacific
stock will be as good as Central, and it
will continue as high, for it has land to
back it. We could not have a general
panic in America now, for the country is
unusually prosperous and we'll prepared
for emergencies. The production has not
been of manufactured goods that have been
protected by tariff especially, nor
of grain and provisions, and we are not
likely to suffer from glutted market, but
the chief causes of this break in stocks
have been that there are too many people
living in the cities and too few tilling the
soil, and the general rascality of stock
brokers and spectators throughout the
country. The immediate result of the
furry will be to draw money from all in
vestments and speculations. The
richer a man is the more
timid he is about investing in anything
The truth of the whole matter is" con-
cluded Uncle Rufus Hatch, with an i'm
portant gesture, 'Wall street is busted, and
don't you forget it."
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
ON THE TRAMP

The Progress of the Presidential Party
Toward the Yellowstone-The Magnifi-
cent Scenery-The Report Done Up
Brown by the Special Jenkins of the
Expedition.
CAMP STAGER, on Terry's Lake, Wyo..
Aug. II, via Fort Washak1e, Aug, 13.-It
was determined last night to move our
camp this morning few miles to where
there would be more abundant grazing for
the horses and mules. Accordingly at $50
everyone was in the saddle and started up
the valley on the right bank of Wind
river. Owing to the rain of yesterday the
trail was in splendid condition for com
fort and marching. The sun was obscured
by clouds, and with the temperature below
fifty degrees all day, our short journey
would not be wished at an end. An hours
travel over the hills and rolling land and
Wind river was reachedi at the point at
which it passes through gorgeous
masses of rocks known as Red Butte. The
first crossing was made by fording in a
diagonal direction up stream, where the
water was so rapid in its flow that ones
neighbor seemed to be moving up he
river with the speed of runaway horse.
Soon by short ford the river was re-
crossed, and at the end of another mile the
western boundary of Shoshone reserva i on
was reached. From this point our travel
was very interesting, but not so difficult.
The journey was over series of lofty di-
vides to escape the precipitous banks of
small streams flowing from the mountains
into the river. In descending one of
these it was necessary to dismount, and
lead our horses. Up the highest divide
we halted to take in the beautiful view
covering scores of miles up and down the
river, with the snow-covered peaks of the
Shoshone mountains in front of US, and
those of Wind river mountains at our
backs. Here we took our last look at the
great land mark, Crow Heart Butte, thirty
miles away, which had been in view since
leaving Fort Washable. Wallowing Buff
falo, one of our Arapahoe guides, tells us
that it gets its name after the great
battle between the Shoshones and Crows
many years ago. The victory of the Sho-
shones was celebrated by burying the
hearts of the dead Crows in the summit of
the butte.
After ride of twelve miles we have
reached the banks of some beautiful lakes
WAlCn dI0 SdAACO d1LOI OdpL' ACIIy3 1OI-
merly an officer of the army but now
owning large cattle herds on the range
near by. The lakes are said to abound in
large trout, and we expect to
spend tomorrow fishing. Game
is not very abundant in
this neighborhood, but our hunters brought
in two antelope yesterday, and few noun
tain grouse were killed on this march to-
day. Shoshone Dick, white member of the
tribe who was captured probably from
an emigrant train when so young as to
have lost all recollection of the event, is
one of our Indian party, and has gone off
to look for signs of game, and we hope for
a good report from him. Our camp is
named Camp Stager, in honor of Gen.
Arson Stager, of Chicago.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15

$8.05@s.1O. The hog market was quiet,
weak and 5@1Oc lower. There were 49,
600 received.
The receipts of grain to-day were 155
cars of wheat, go cars and 1850 bushels
of corn, 1853 cars oats, 80 cars and $500
bushels of rye. The shipments were
29,50O bushels of wheat, $4,000 bushels
of corn, $4,000 bushels of oats,
21,500 bushels rye. The charters were 3d.
600 bushels wheat and $4,000 bushels
corn.
Closing quotations on Change for Au-
gust delivery were. Wheat, $1.O1% corn,
51Ac; oats, 26Ac; pork, $12@12.5O; lard,
$8@15. The September futures ended the
day at $1.O33s for wheat, 5000 for corn,
264c for oats, $12.2O forpork and $8.171S
for lard.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15

Later on, Darling and Allen s. Weeks be-
came members of the firm and are still
connected with it. The house has built up
an extensive and very profitable business
and become we'll known throughout the
country, chiefly in connection with the
Mutual Union. Judge Colburn granted
an injunction to prevent the negotiation
of notes amounting to $5S,5O0 given Shaw
Bros, who failed, by John Woodbridge, of
Lynn, solely as an accommodation to G.
81. Ward and Shaw Bros. The Judge
granted the injunction solely to prevent
negotiation, but not to prevent the collec-
ton of the notes in the ordinary way.
-BosToN, Aug. 1.-The Transcript says
of the failure of George William Ballou &
Go. that it came like thunderbolt upon
the community here. 1t will now be seen
that Ballou has acted manfully and stood
by his friends, and if the house goes
down, it goes down having made the
heaviest subscriptions and largest outlays
of labor and money to push through the
enterprises identified with his name. One
of the leading Boston bank presidents
said to-day: II never had any dealings
with Ballou or his house, and
never made or lost money in his
enterprises Dut i Cdu say II all
the Delphos people had done as much as
Ballou to sustain that enterprise it would
not now be in the hands of receiver. The
Boston house was carrying the Toledo
enterprise, while the New York house was
engaged more largely in the stock markets,
mostly, it is believed upon the commission
business. The buying and selling of 49,
600 shares to-day under the rule for Bal
LOUIS account showed, either for himself or
his customers, that he was astride of the
market, long on Oregon Transcontinental
and Lackawanna and short on Northern
Pacific stocks. This is the present dilemma
of the average stock operator. A month
ago this New York house was long by
$4,000 shares of stock and accounted firm
believer in higher prices. 1t was also
stated that with the Zeney and Brice party
they were "bulling the market" The
short sales were probably of recent origin.
No estimate can be made of the liabilities,
but it is generally assumed that they can
not be extensive and that the ultimate
losses must be comparatively small. The
Boston house which was carrying the Del
phos securities had about 100000 or
100000 on this account, $4,000 of which
was Cincinnati Northern, $4,000 Dayton
bonds, $4,000 on the account of the
Southern Ohio Coal company, and $4,000
on the account of the Delphos Trust.
Boston, Aug. 14.-D. h. Darling, second
member of the firm of Geo. VIM. Ballou
& Co., and the head of the Boston house,
left for New York this evening. A. s.
Weeks, the last member of the firm, is i'll
at Brookline, and knew nothing of the fail
ure until told by friend. The Boston
business is said to be thoroughly sound,
with no danger of collapse, and it is not
believed here that any other houses will be
affected by the suspension.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
The Failed Firm.

New YORK, Aug. 14.-One of
the sensations of the day was the
failure of Geo. VIM. BaIlou & Co., of this
city and Boston. The failure is understood
to have been caused by the inability of its
customers to make good their margins
and to the fact that the firm has had con-
siderable money tied in 1.-THE Cincinnati,
Toledo & st. Louis Narrow Gauge road
which recently went into a receivers
hands. About 10000 shares of various
stocks were closed out under the rule for
their account, including Oregon Transcon-
tinental, New York Central, Denver & Rio
Grande, Missouri Pacific, Jersey Central,
Wabash preferred and Lake Shore. The
rally in the market before II o'clock was
on reports that the leading operators had
purchased large blocks of stock at private
sale.
Since the announcement of the failure
of Geo. w. Ballou & Co. a quieter feeling
prevailed in stock circles it being gener-
ally believed the suspension will not neces-
sarily lead to other failures. 1t is stated
Ballou & Co. were recently long of the
market and turned bears at about the
lowest prices touched.
Boston, Aug. AT the Boston Office
of Geo. W. Ballou & Co. very little re-
speeding their suspension was to be
learned. 1t was stated, however, that an
assignment has been made to Theo. M.
Nevin, who is connected with the firm.
Boston, Aug. IA prominent broker
SC IA Dill
occasioned by refusal of the banks to
further certify to the firms checks, but
that the embarrassment was probably only
temporary one. The firm has been a
large holder of San Pedro, Toledo, Cincin-
natl and st. Louis and Mutual Union
stocks, and the suspension was due in a
large degree to the decline in these shares.
Darling further stated that the firm last
night had securities and cash representing
fully 100000 surplus over and above all
liabilities, and he could not understand
how there was any necessity of suspension.
He was as anxious to get the full particu-
lars as anybody, (which the New York house
could undoubtedly furnish as soon as pos
sible. He could not tell how much the
liabilities were, nor what amounts of
assets there were at present. The house of
George William Ballou d Co. has done a
banking and brokerage business in Boston
for about ten years, the present senior
partner starting here in 1873 alone, as a
broker in county and state bonds. In
1876 the New York house was es-
tabllshed at IA Wall street.
with Ballou and William H.
Brigham in charge, while D. q. Darling
was given the control of the Boston house.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15


So as to Force the Baltimore & Ohio to
Terms.
Special Telegram to the Globe
CHICAGO; Aug. 14.-Gen. Devereaux,
Mr.. Tillinghast and the other Vanderbilt
officials who arrived here Sunday, are still
in the city. They made an inspection of
the facilities of the Vanderbilt lines in this
city. The opinion is gaining ground
among railroad men that the
trip of these gentlemen to st.
Louis, Kansas City and Omaha was not so
muoh for the purpose of making arrange
ments for the construction of a new line
from st. Louis to Kansas City and Oma-
ha as to scare Gould and his partners to
sell out the Wabash to Vanderbilt, at a
low figure, or at least gain some import
ant concessions for that road. Wander
bilt can make excellent use of the Wabash
and its branches in connection with the
various roads he already controls. The
establishment of new route by the Wa
bash, Baltimore & Ohio, and Great West
ern of Canada, has proved a thorn in
Vanderbilt's side, and he is said to be de-
termined to force the abandonment of
this new line to the east, and he expects to
accomplish this end most effectively by
securing control of the Wabash and
dividing up among his various roads. An
other rumor gained ground that Vanderbilt
is also trying to get control of the North
ern Pacific, and he is believed to have
caused the heavy decline in the Willard,
and Vanderbilt has secured large if not
controlling interest in the Union Pacific,
and this would account for his desire to
have something to say in the management
of the Northern Pacific in order to stop
disastrous competition. Then the acqui-
sition of the latter would also give his
Northwestern road another direct outlet to
the Pacific coast
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
CHICAGO.
Especial Telegram to the Globe. |

lOPeCIdl 16l6REAIu W O1OUos
CHICAGO, Aug. 14.-Although the feel
ing was exceedingly nervous the close on
change to-day shows decided improve
ment. There was quite struggle between
the bulls and bears, but the former were
finally successful, Wheat was greatly un-
settled all day with a large trade, and the
wonder is what has become of all the long
stuff that was put on the market. The
Lester party during the open
ing hours were heavy buyers,
but later on rumors of
numerous failures in New York they sold
at least 100000 bushels. After this the
market gained strength, when several
other lines of long wheat were unloaded.
After this was absorbed there was more
frmness and steady advance to the
close, when prices were at about the high
est point of the day. The unsettled state
of the stock market in New York and fears
of money stringency were the weak feat
ures.
On the board there was an active bust
ness transacted. At the opening the mar
ket was weak and the first sales were at $sc
decline from yesterdays closing, holders
being nervous and weak over the unsettled
financial situation, and buyers also in
clined to hold off, and market ruled easy
for time and finally fell about sc below
yesterdays closing. But at this point the
trading began to increase and the
market assumed stronger tone, and
under free buying there was steady
advance of 1@11sc from the lowest point
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
NO. 227
A DESPERATEECATTLE THIEF.
He Frightens Off the Sheriff and Danger
ously Woundssa Citizen.

He Frightens Off the Sheriff and Danger
ously Wounds.a Citizen.
Especial Telegram to the Globe.
WAHPEroN, D. T., Aug. 14.-About 8
o'clock this morning desperate who call
ed himself Charles Henderson, brought an
OK to town and sold Lit to father Rice
for sixty-tive dollars, for which Rice gave
his check. A few minutes after the trans
fer farmer living about nine miles from
town, named Frank Bolls, came and claim
ed the OK as stolen from him. The check
being drawn before banking hours gave
the father a chance to interview the sheriff
and stop payment of the check, which was
done, and Henderson handed over to the
sheriff, who claimed innocence. In bring
ing the thief into contact with the owner,
he skipped, and fired twice at the sheriff,
not doing any harm, however. In his chase
toward the timber he was encountered by
Anto Weiden an ex-city marshal, whose
valor outstripped the sheriff. The thief
and Weiden exchanged fire several times
and unfortunately Weiden had the worst
of it, he having received ball through the
groin which may prove fatal, but notwith-
standing this he followed the thief almost
dlone W tue heu rlVer Wnere ne crossed
into the wood. The wounded hero turned
home almost exhausted while the sheriff
was looking around for recruits to follow
the thief Two hours after news was re-
ceived that Henderson was seen near Nc
Cauleyville, and left to roam at large for
aught our sheriff seemed to care, for when
he was warned of the desperado's wherea-
bouts the sheriff was hungry and put for
home. Oh, for supply of NorthfeId
scouts,
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
LIVERPOOL.
Especial Cablegram to the Globe. I

IOpecIA OADIegTam 70 the GIobe.
LIVERPOOL, Aug. 14.-Wheat quiet. No.
2 spring, IS I'd. Corn quiet but steady.
Cargoes off coast, wheat quiet but steady;
to arrive, wheat and corn rather easier, de-
mand for wheat and corn for the united
kingdom and continent is moderate;
pork, us; lard dull at 48s Cd; bacon, long
clear, 38s Sd, and short clear, AS; cheese
dull at 49s Cd; beef; COS; tallow, 4Os Cd.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
LONDON.
Especial Cabiegram to the Globe.

Especial Cabiegram to the Globe.
LONDON, Aug. 14.-Wheat firm. Spring,
No. 2, 9s I'd. Corn firm. Mark Lane
-Cargoes off coast-Wheat quiet but
steady. Corn, none offered. Cargoes on
passage, wheat and corn seems easier.
Weather in England more settled.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
Judge Black Ill.

YORK, Pa, Aug. 14.-Judge Jere S. Black
is suffering from an urinary affection, and
is seriously i'll, but at IL tonight is resting
quietly under the influence of opiates. No
immediate danger is apprehended by his
physicians.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
WALL STREET Walls

VALLSIREET Walls
An Exceedingly Animated Day among
the Stock Spectators Yesterday.
LARGE FLUCTUATIONS IN SHARES.
Failure Of the House Of Geo. W. Ballou
& Co., with Heavy Liabilities.
EXCITEMENT HIGH ON THE STREET
A Better Feeling Afterwards Manifest.
ed in the Leading Stocks.
VILLARD'S is WELL SUSTAINED.
And all Dividend Payers in Demand for
Investment
THE BOTTOM ABOUT REACHED.
And Leading Traders ExceedingIyHOpe-
full for the Future.
THE CHICAGO GRAIN MARKETS.
A Higher Average Of Prices than for
Several Days Past.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15
A VANDERBILT DODGE.

*Lydia E. Pinkham's Vegetable Compound is
daily working wonderful cures in female diseases.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15

He Wants to Gain Control of the Wabash
So as to Force the Baltimore & Ohio to
Terms,
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15

These Wednesday evening entertainments are
pronounced a success, and are patronized by the
best of society. They give genuine and the
right kind of outdoor recreation to all. A fine
display of FIREWORKS will be added this even
ing in the way of variety
Trains at 6:l5 and 7:15 going; returning from
the lake, at $40 ard 11:30 p. m.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-15

PIANOS AND ORGANS.
Sacramento daily record-union., 1883-09-14
THAT MEXICAN TREATY.

Some weeks ago there was much uneasy
speculation over treaty said to have been
covenanted between Germany and Mexico.
Mexican papers now inform us as to every
detail of the convention. 1t is purely q
commercial treaty, and there appears to be
nothing il it of political character what
ever. 1t shows that Germany has been
farseeing, and has not lost the opportu-
nifty to strengthen her trade with Mexico,
while the silly protectionists of our coun-
try have been impeding every step
sister republic. The Mexican. German
treaty guarantees reciprocal liberties of
commerce, and the security Of the citizens
and subjects of the powers in all matters
of trade, with the right to sail in all rivers
and harbors, and establish commercial
establishments and enjoy all the privileges
and immunities enjoyed by the most
favored nation. There Ia a restriction Of
coasting trade by the ships or subjects of
each country between the ports of the
other country, until such trade shall be
opened by Mexico to other peoples. The
ships and citizens of either nation are to be
subject to no charge or regulation not i'm.
posed on the ships or subjects Of the same
nation, and have equal rights for reclama-
tion for all wrongs or injuries in the tri.
bunals of the country. As to importations
and duties the "most favored nation
clause prevails, and this gives, Of course, to
Germany all the privileges enjoyed by
Americans under our new treaty with Mex
leo, as yet not ratified. The subjects Of
either nation are to have right of resi-.
dence, protection, access to Courts,
etc., for themselves and goods in the other
nation, and to be taxed no higher than
citizens of the country, and to be exempt
from military and naval service, and to
have the right to acquire and sell land and
other property the same IS citizens Of the
country but where the laws prohibit an
alien from possessing immovable property,
and the same comes to him by inheritance,
he has three years in which to convert it
and export the result. This is intended to
protect Germans in possessions in Mexico,
who still reside in Germany, local law
prohibiting nonresident aliens from own.
ing estates in Mexico. This treaty, there.
fore, while not unusual and having no
political significance, is step toward more
cordial relations between Mexico and Ger.
many, and must tend to strengthen the
commercial influence Of the latter in the
former, and possibly lead to other conven-
tions that may place US at trade disad.
vantage as to some imports and exports
unless the protection bar is taken down.
Sacramento daily record-union., 1883-09-14

Mr.. BLACKBURN has withdrawn from the contest
for the speakership, as by that MEANS ne says the
prospec, Of defeating Mr.. Randall will be improved
and she Democracy OF Kentucky made more nearly
a unit on that proposition. But while he magnan-
imously declines to be longer considered candidate
for Speaker, he tells his local paper that he is still
a candidate for the United States Senate. This
looks very much II Mr. Blackburn wss helping
himself good deal more than the Kentucky De-
mocracy. The New York Tribune styles this kind
of tactics withdrawing upward" and suggests
that Governor Butler, of Massachusetts,, might take
a hint frsm Blackburn. of Kentucky, and Durbir
Ward, OF Ohio.
Sacramento daily record-union., 1883-09-14

selfishness to the benefit Of the country
generally will not excite jealousy. Boston
saw in the invitation TO the manufacturers
of the world to exhibit at an exclusively
foreign exposition the means of inviting
much attention to herself on the part of
foreign capital and enterprise, and this will
doubtless be the result. Boston wants
more steamship lines between foreign ports
and her own; she wants more and closer
commercial relations with the producers
and manufacturers of all the earth /; she
wants any amount Of foreign capital to in
hibition an excellent opportunity to make
herself prominent in the direction she
most desired, and so, when New York
dropped the plan of a Worlds Fair, BOs-
ton took it up in modified form, and now
it has resulted in an exposition which is to
continue open until the 22d of next Febru.
ary. The Legislature of Massachusetts
has appropriated the sum of So, coo to the
entertainment of distinguished foreigners
who may attend. We cannot but think
this very insignificant sum to
expend for that purpose, by the
way probably the fair association,
which is known as the Beacon Club, will
need to supply twice that amount for the
purpose. By Act of Congress the foreign
goods have been admitted duty free for
purposes of exhibition only, and this
makes the Pavilion bonded warehouse
It cannot yet be said how successful the
scheme of the exhibition will prove, but
we are assured that the promise is excel.
lent and that the opening meets expecta-
tion. The Commissioners sent out to the
leading countries of Europe to secure the
cooperation of foreign manufacturers came
back with promising reports, and the out
look is that goods will arrive during the
whole period of the fair. One of the lead
ing exhibits will be that of the art depart
ment, the materials for which were col.
lected in foreign capitals by the artists
James Jackson Jarves, Frank Norton,
Haas and others. The City of Paris has
taken great interest in the fair, and has
sent two officials to represent her, and to
see that the Partisan exhibits have due
need of attention. The great nations are
all represented, and very many of the
smaller ones, so that ali in all the exhibi-
tion is one which will do credit to the
country, and must prove of much benefit
to the nation, and for it we are indebted
to the push and energy of Boston.