davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
MESSER BROS.

627 Jackson Street, st. Paul. Mimi,
Sell Butter, Eggs, Poultry, Oranges, Lemons,
Bananas, Cranberries, Apples Green Vegeta-
bles of all kinds; also Dressed Beef, Pork, Nut
not, Potatoes, Corse Grain and Baled Hay.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

STATE OF MINNESOTA. COUNTY OF RAMSEY
~ SIS. In Probate Court, special term, held
May 20, 1886.
In the matter of the estate of Thomas S. Nc
Manus, deceased.
On reading and filing the petition of Delos A.
Monfort with the will annexed ofsaid
estate setting forth the amount of personal estate
that has come to his hands, and the disposition
thereof; the amount of debts outstanding against
said deceased and description of all the real es-
tate of which said deceased died seized and the
condition and value of the respective portions
thereof; and praying that license be to him
granted to sell at private sale all the real estate
set forth and described in said petition situate in
the county of Ramsey, in said state.
And it appearing, by said petition, that there is
not sufficient personal estate in the hands of said
administrator with the will annexed to pay said
debts and that it is necessary order to paw the
same, to sell all of said real estate;
1t is therefore ordered, that all persons inter-
ested in said estate appear before the Judge of
this court on Tuesday, the 9Th day of July,
A. D. 1886, at 10 o'clock M, at the Probate Office
in Saint Paul, in said county, then and there
to show cause Gf any there beg why license should
not be granted to said administrator with the will
annexed to sell said real estate according to the
prayer of said petition.
And it is further ordered, that a COPY of thi S
order shall be published for four successive weeks
publications shall be at least fourteen days before
said day of hearing, in the Saint Paul DAILY
GLOBE, newspaper printed and published at Saint
Paul. in said county, and personally served on all
persons interested in said estate, residing in said
county, at least fourteen days before said day OF
hearing and upon all other persons interested,
according to law.
By the Court
LIS VIM. B. MCGRORTY,
.Tudpa 0f
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Chicago,

CHICAGO, June 1.-Cattle-Keceipts, 5,7e0;
shipments, 2,40o; market stronger and shade
higher; shipping steers, 500 to 1850 lbs, S4.40
bulls and mixed, $2Qo4; bulk, S30S. Is; through
Texas cattle, 1904. Hogs-Receipts, $4,000,
shipments, 5000; market strong and sc higher;
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
BULLS KNOCKED OUT.
a Race Between the Leaders Of the Chi
cago Clique to Get Rid Of Their
Loads.
Wheat Sells at 1880, the Lowest Point
Since 1862 and Still Pointing
Down.
Phil Armour's Talk of Abundant
Crops in the Northwest Helps
the Depression.
Bulls Clfques in Wall Street Eng1-
neer an Advance in Stocks--Ar-
mour Sends st. Paul Up.
chicago Grain and Provisions.

Special to the Globe.
CHICAGO. June 11.-There was depres-
sion all over and through the wheat plt To-
day, with the pointer on the deal almost
constantly whirling around in its attempt to
keep up with the falling market, but at one
time during the day it had no chance OF
keeping still, so rapidly did prices drop.
The start was fairly steady at 75c Tor July.
Init this did not last mere than long enough
for this option to sell at SIZE, after which
il began falling rapidly. All that traders
on the floor know of reason for
If was theexplanation offered by state
ment that it wassa fight between Ream and
Cndahy to see who should succeed IN
getting out of the deal first. This looked
to be about the size of it, for the decline
was almost as steady as clock untll&375c
was reached for July, when an improve
ment set in and carried the price lrregu-
larlv ND to T41kc, but there were so many
men and houses on the selling side OF 1t
that nothing could prevent reactlon TO
73sS@7SMc. More or less business was
caused by talk of abundant crops In the
Northwest, Armour having hoated state
ment to this effect, but 1t was counteracteo
in part by continued cold ana dry weather.
The morning session closed easy and soft at
the decline. New Workers were said to be
free sellers of wheat in this market. AT Its
time of greatest activity nearly everybody
was ranged on the selling side. There was
less than nc fluctuation i'll corn all through
the morning session. Pork was also very
dull and quiet, but was held with moderate
tirmness. The wheat market in the after
noon was unsettled and advanced = @2sc'
but reacted and at the close was only 8
higher than at l o'clock. Corn and pro-
visions were steady.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Chicago.
Special tn the Globe.

CHICAGO, June 11-To-day's associated bank
was quoted about the same as yesterday, with
little doing. Money rates reman SOC per
cent. on demand, GOT per cent. on time
favors. Little or nothing is ira Inspiring.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Departing Trains.

La Crosse, Dubuque and st.
Louis Express.
Prairie du Chen, Milwau-
kee and Chicago Express
Calmar and Davenport Elk.
Ortonville & Fargo Elk.
Milwaukee & Chicago Elk.
press. $3.50. .............
Mortified. Faribault. Owa-
tonna, Austin and Mason
City.............,..
La Crosse Passenger.
Aberdeen and Mitchell Elk.
Chicago Limited. .........,
La Crosse and DUBUQUE
Fast Express. ,..........
Milwaukee and Chicago
Express.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

ST. PAULTRUST COMPANY,
Corner Jackson and Fourth streets
Safe Deposit Vaults SEQ of ow
WILLIAM LINkER & CO.,
Brokers in Stocks, Bonds, Grain and Provisions.
l55.DRAkE BLOCK. ST. PAUL. MINI.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
MIcHAEL DORIAN g. CO.

COMMISSION MERCHANTS. ST PAUL MINI
Grain and provisions bought and sold for cash
CT future delivery.
Orders for the purchase and sale of Stocks on
any stock exchange in the country promptly exc
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

MINNEAPOLIS PROVISION COMPANY !
"a and 26 South First Street,
MINNEAPOLIS, MINI.
Pork and Beef Packers,
AND GENERAL PROVISION DEALERS.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

United States 8s 1OOs4I Ind.
U. S. AIS. ..... 111IIKan
U. S. new As. -. 126 LAX
Pacific 6s of '95. LIS LAX
La. stamped As. II Lou
d. g. Rio g., lists 100 LIS
do West 1sts.. rs Men
M. K. ct. gen. Gs SO Mic
n. P, lists. ..... lis Min
do Eds. %. 905sl dc
Centr'l Pac., lists 117ZIMiss
Erie, 2ds. ....... los Mob
Missouri IS. 101%lMor
Tenn. IS. old. 80. 58%lNas
do new. So N. J
Tex. Pac. Id gts. 3S15lNor
do r. G........ *5S Nor
Union Pac., lists 1881 dc
N. w. consols. D.. 141% Chic
do deb'ture 5s. 1887 de-
ST. l.. & S. F. GIN 10SssIN. J
st. P. consols.. 1873 Obi,
do @. &P. lists 1929 Ohit
West Shore..... 104A dc
Adams Express. 142 Ont
Ait, Ter. Haute. 20 Ore
do preferred. 85 Pac
Am. Express. %. ITO Pan
B. Q. r. & N. -. 55 PEG
Canada Pacific. 65I Pitt
Central Pacific. 65% Pull
Canada South'n. 43N Rea
Central Pacific. Az Roc
Chesapeake IL o. s st.
do pred lists. Is d.
do DDS. $500. 104 d.
Chicago & Alton 40 c.,
do preferred. $50 d,
c. B. & o.. 184 list.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
HEADACHE
Can be prevented as soon as their symp-
toms indicate the coming of an attack.

IT use Simmons Liver Regulator when troubled
seriously with Headaches caused by Constipation.
1t produces favorable result without hindering
my regular pursuits in business."-W w. Wilmer,
Des Moines, Iowa.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Leave Leave
Minneapolis st. Paul
B sos a m B $40 am

B sos a m B $40 am
B $40 a m B S:45 am
B $40 a M B s:45 and
b 9:05 a N B s:25 a ID
A 100 p m A 1.4opR
A 4:90p m A 3:S5 pm
B 4:3o p m B sos pm
A 4:50 p m A 4:10 pm
d 700 p MID 1855 p N
D STOP m D $50 pm
A s:1o p IN A $50 pm
Arrive Arrive
st. Paul. Minneap's.
a $50 a IA 7:15 am
G $50 a m &c IT'S an
y 1858 a nib S:50a M
c $50 a m G $40 q u
A $50 a m A $40 am
All.4O a m All:00 . n
A 2:25 p MA $40 pm
B S;25 p m B 400 p M
B $3.50 pm B 6:55 pm
B 7:05 p m B 6:25 p u
B e:55 p m B 1885 pM
sunday. CMondaya1t
az.
n st. Paul and Minnes
I'VE both cities hourlys
ne time tables.
son. City Ticket Agent.
own & Knebel, Ticket
Chandler, City Ticket
9. A. B. Chamberlain
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

II. w. DAVIS & CO.,
GRAIN. PROVISION AND STOCK
BROKERS'.
One-Cent Margin Plan.
EVERY MAN HIS OWN BROKER
loI Drake BLOCK, ST. PAUL, MINI
237 Hennepin Ave-. Minneapolis.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

LIVERPOOL, June u.-Wheat dull, demand
poor; supply in excess of the demand. Red
Western spring, is edges lid per Genital; do
winter, IS 9d@6s lid. The receipts of wheat
for the past few days were 49, 900 centals in
Guiding 144, 000n American. Corn firm with
fair demand, The receipts of American corn
for the past three days were SO, 400 centalS.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
w hiSkY.

CINCINNATI, June 11.-W hisl1y quiet; 81. 10.
Sales, 324 bbls
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
GERMANIA BANK,

Corne Fifth and Wabasha streets, opposite Post.
Office.
CAPITAL 100000.
Il. ALBRIGHT, Prest. ALEX. RAMSEY, Vice Pr.
WIN. BICKE L Cashier PM. KERsT. Asst. Cash
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

rough and mixed, S3.95@4.15; packing and
shipping. $4.1O@44O; light, $395@4.30; skips
$3O3.50. Sheep-Receipts, 1890; market
steady and strong; natives S2@4.75; lambs,
S103. 80
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
AT THE STOCK YARDS.

CHICAGO, June 9.--At the stock yards the
receipts of cattle were about 5000, a large
per cent. of which were Texans, and among
which were some prime corn-fed stock. Trad
ing active, and values generally quoted SUBJ
stantially higher than yesterday. Receipts
of hogs, 80 600. Demand active, with all the
leading packers and shippers buying; prices
at one time fully 10 cents higher than yester-
day, but toward the close there was slight
down turn, and the chances were that the
late arrivals would not be sold to-day.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Fluctuations i'm Detail.

FIuctuafiOms in Detail.
The Chicago daily market quotations on
grain and provisions, furnished by Wheeler,
Rollins s. Co., office Hotel Ryan:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Arriving Trains

----
Chicago s. Milwaukee Ex-
press. -.
Dubuque and La Crosse
Fast Express........
Chicago Limited. ....
Davenport and Calmar Ex
Mason City, Austin, Owa-
tonna, Fayibault and
Northfield.
Mitchell and Aberdeen Elk
Chicago and Milwaukee
Express
Fast Mail and La Crosse.
Chicago. Milwaukee and
Prairie du Chen Elk.
Fargo and Ortonville Elk.
st. Louis Dubuque and La
Crosse EYprQSa
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

WHEELER, ROLLINS & CO.,
Grain, Provision and Stock Brokers,
SIXTH STREET HOTEL RYAN ST. PAUL. MINI.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
E. w. CLARK,
GRAIN, PROVISION AND STOCK BROKER,
Produce Exchange.

No. A South Third Street, Minneapolis. MINI
Direct wire to New York and Chicago.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
THIRD NATIONAL BANK.
Liverpool Grain.

Corner Third and Robert streets.
CAPITAL 100000.
WALTER MANN. RICHARD e. SLOWER,
President Cashier
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

PETER BERKEY, Pres. f. W. ANDERSON Cashle e
I w cruces v Pres. A. C. ANDERSON, Asst q.
THE ST. PAUL NATIONAL BANK,
CAPITAL. 100000.
Corner Fifth and Jackson streets
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

THE CAPITAL BANK,
Drake Block, st. Paul, MINI.
CAPITAL 100000. SURPLUS $4,000
L. Z. REED, President; W. D. KIRK. Cashier:
J.W. WATT Assistant Cashier.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
Quotations of stocks and Bonds

NEW YORK, June 1.-THE following are the
closing prices bid to-day:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

BANK OF MINNESOTA.
Paid Up Capital $500, 900; Surplus $50, 600.
VIM. DAWSON, Pres. RoBT. A. SMITH, Y. Pres.
ALBERT SCHEFFER, Cashier.
GILFILLANBLOCK. ST. PAUL. MINI
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

Attest: FRANK ROBERT, Jr, Clerk.
c. E. & A. G. OTIS, Attorney for Petitioner.
-22-5w-sat
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
FINCK g. McCAULEY,

FINCk g. MCCAULEY,
COMMISSION MERCHANTS AND LUMBERMEN
SUPPLIES.
Liberal Advances Made on Consignmentsof Grain
322 SIBLEY STREET. ST. PAUL
LOCAL MARKETS.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12
New York Produce.

new YORK. June 11.-Flour--Receipts,
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

A means Daily. B Except
eepted. d except Saturd
Additional trains betwee
apolis via "Short Line" lea
for particulars see Short Lii
ST. PAUL-Chas. Thomps
1852 East Third street. Br,
Agents, Union Depot.
MINNEAPOLIS-W. B.
Agent, No. Z, Nicollet House
Ticket Agent, Depot.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

Arrive Arrive
st. Paul. Minneap's
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-12

Leave 4 Leave
Morning journal and courier., 1886-02-18

A candidate to represent Scottish bor- ough in parliament on asking intelligent elector for his vote was met by emphatic refusal, and the reason given was that, be- ing rich man already, he could not possi- ply need more. "But whys" asked the can didate ''It makes me no richer. I don't get paid for it." "Don't you?" asked the voter. 'fI know better. I read my paper regularly, and every day it is the same old story, 'Dividel divide!' and you do divide the rate payers money. No; if I must give my vote, I will give it to poor man."
 MT. Powderly, the head of the Knights of Labor, is described as Ian agreeable, middle aged gentleman, of substantial frame, and very bright in conversation. He wears glass es, has & luxuriant mustache, dresses in sober black, and strikes the observer as peculiar ly intelligent person." In conversation, MT. Powderly recently declared that the leaders among the Knights of Labor are opposed to strikes and in favor of arbitration and of the eight hour smovement. They think that lower wages should be accepted if hours of labor are reduced. Time, however, they say, will prove that equal wages can be earned and ought to be given.
Morning journal and courier., 1886-02-18
Consumption
 Conquered WHEN THE DOCTORS COULD
 DO NO MORE.

CHAS. A. CABRERA, B Hawley Street,
 Boston, Mass, writes:
 s'One year ago I was apparently far gone with Consumption that my life seemed only question of days rather than months. With my faith in the ability of physicians to help me all gone, I tried almost every known remedy, with apparent benefit. Finally, as last resort, I was induced to try Dr. R. c. Flowers Lung Cordial. The very first dose gave me relief, and with the first bottle took a new lease of life, and 1 can honestly say to-day that one spoonful of this remedy is worth more to the sufferer from Lung troubles than a gallon of any other known remedy A bottle of it is now one of my choicest possessions, and at the first sympton of cough or cold I fly to it for the relief it never fails to give"
 DR. FLOWERS LUNG COR DIAL is without question the most wonderful Lung remedy ever discovered. It eradicates the germ of CONSUMPTION as no remedy has ever been known to do. It stands without a rival for COUGHS, COLDS, BR0N- CHITIS, ASTHMA and CON- SUMPTION.
 Price S1 per bottle. Acopy of Dr. Flowers Rules for the Treatment of Consumption ac- companies each bottle.
Morning journal and courier., 1886-02-18
Bs G..

The man with the big head doesn't always wear big Philadelphia Call.
 "A man never loses anything by polite ness" How about his seat in 8 street car? burlington Free Press. A lovely Nashville girl has eloped with an editor. He can keep her in bustles, but that's about all.-Rochester Post-Express.
 There are 1,7O0 lawyers in Philadelphia, and winters when there is little snow to shovel about $50 of them suffer.-Burling ton Free Press.
 Great efforts are being made to introduce pennies into the South. The introduction of any kind of money into the South would be beneficial. al.-Arkansas Traveller.
 Recently in Brooklyn one woman threw red pepper into the eyes of another woman. Now person who uses red pepper in that way is no cook.-The Judge.
 One-half of the world doesn't know how the other half lives, but it is impossible for family to live upon onions and codfsh with out the neighbors smelling it out.-Philadel- phia Herald.
 tBut, Marie, thought you despised MT. Slimson." ''So do." "Then what did you marry him fora' s'So that he would stay down town evenings and not hang around me all the time '-Chicago News.
 An exchange says that the word "tobog gan" is from Indian term signifying a sled This is not the case. It is from the two Latin words, 'tobus, /" ''to smash, " and <abogubus," meaning "all to pieces. Doe troit Free Press.
 The St. Paul police have great difficulty in preventing visitors from chopping off pieces of the ice palace to carry away as relics. fragment of the structure would be valuable fifty years from now and relic hunters realize that fact-Minneapolis Tribune.
 'It must be awful cold out in Dakota, Mrs. Dusenberry. I notice woman had her teeth frozen during the late cold snap"
 And you believe such stuff as that?''
 s'Yes, my dear. Yours would have frog en, too, had you left them in 8 glass of water over night, she did. d."-Philadelphia Call.
 "There is good deal of religion in na- ture," solemnly remarked young Aberdeen clergyman calling upon a lady of his con- gregation recently. 'tThere is,' was the quiet reply. "We should pever forget that there is sermon in every blade of grass" "Quite true We should also remember that grass is cat very short sometimes New York Sun.
 There were absolutely no funny situations in the play, although one of the actors was going through the motions of low comedy part with painful effect on the audience, when all at once like a dynamite explosion
Morning journal and courier., 1886-02-18
How to Become an Artist.

You know how you become an artist. You buy book and learn all about chiaro- scuro and high lights and middle distances and other Italian vocables, and away you go. When you buy this book you buy lot of paints and brushes, and having mastered all the technicalities of art in it's broadest and grandest form, you steal rose out of 8 neighbours garden and try to paint it. You go and gather lot of weeds on the Alameda marshes out at the Presidio and you paint them Everybody says they are lovely, and then you are an artist. Then somebody comes along and asks who in thunder paint ed those fearful messes You kick him out, and then you throw away the paints and things He's told the truth. You know it, but you never forgive him.
Morning journal and courier., 1886-02-18
1he 9nurna1 and On11rier.
Thursday, February IS. 1886.
A NOTABLE DECISION

I The decision of the Supreme court of Pennsylvania that the Pennsylvania railroad 1 company is subject to the constitutional and l legislative control of the State is very impor- tant, and if sustained by the Supreme court | of the United States will make some great changes.
 The Pennsylvania railroad company ob tained it's charter before the passage of the general railroad law in 1855, declaring that 'eyery charter of incorporation granted, or | to be granted, shall be deemed and taken to be subject to the power of the legislature, unless expressly waived therein, to alter, re- yoke or annul the same whenever in their opinion 1t may be injurious to the citizens of the Commonwealth" This law expressly reserved to the State the right to change any charter granted, and the right fully to con trol any corporation created after the enact ment of this statute. But the company has claimed that it's charter, obtained before the passage of this law, was 6 contract which could not be altered or repealed in any way either by the legislature or in a constitu- tional convention. The decision which has just been made is based on the ground that since 1855 the company has obtained from the State new privileges and franchises, and that the effect of the acceptance of these has been to create @ new contract between the State and the company, to substitute anoth CT charter for the original one, and thereby to bring the company under the power re- served to the State by the law of 1855 to alter or repeal charter.
 If the company has to finally accept this decision it will be obliged to make decided change in it's way of doing business. The laws which the company has not been under require corporations to pay in advance for property taken or injured. They forbid con solidation with competing lines. They de- clare that no railroad company "shall direct 1y or indirectly prosecute or engage in min ing or manufacturing articles for transpor tation over it's works, in any business other than that of a common carrier" They pro- hibit discriminations in charges or facilities for transportation. They make it unlawful for any company to grant free passes to any person except it's own officers and em- ployes.
 Probably the company will endeavor to maintain it's position in the Supreme court of the United States. It has had so much free dom for so long that it will be very reluctant to part with any of it.
Morning journal and courier., 1886-02-18
' HAVEN CONN. THURSDAY MORNING. FEBRUARY IS,

advanced age on his estate in Scla- vonia. He was distinguished agricultur
 ist, an excellent landlord, and on all subjects but that of horses, asses, and mules a man of sound judgment. He would not allow any animal of the equine kind to come upon his lands, so that visitors who rode drove to see him had always to alight at his park gates. He himself for many years used a vehicle drawned by trained deer, but lat terly he went about his estate in a carriage with team of oxen. His horror of horses is said to have been innate, there was no accident in his life to account for it.
 European ingenuity in the construction of destructive instruments was perhaps never so active as at the present time, and past sue cesses only stimulate to still greater achieve ments in this line. In England and other countries, in order to overcome the rifed mortar-a shortss shotgun with a relatively short range-guns have been invented hay ing length of fifty feet and range O; eight to ten miles. The thickness of solid armor plates has also been increased until the ltal- ian ironclad Italia has thirty-six inches of armor on her sides and carries four 100 ton guns, which throw shells of Z, 900 pounds distance of ten miles. Not satisfied with even such monstrous guns, the same govern ment contracted, two years ago, with Krupp, to build for them five forged steel breech loading guns of 125 tons each, ffty-ive feet long. and proiectile of 3, 800 pounds.
Morning journal and courier., 1886-02-18
The valued Policy Law of New Hamp-
 shire.

To the Editor of the JOURNAL COURIER:
 We noticed that in your issue of the 18th inst. you say "the valued policy law in New Hampshire passed last summer has had at least one good result, that it has reduced the number of fires sixty per cent compared with p revious years.'' This does not prove the valued policy law good one. If fleeving the State without protection by insurance it reduces the losses sixty per cent, we can see something of the extent of moral hazards which rob the companies. If sixty per cent. of the fires are needless and that, too, with the best protection of the indemnity policy, what would have been the amount of the losses under the valued policy law had the companies remained in the State? This the companies foresaw and withdrew, like ''the prudent man who foreseeth the evil and hid eth himself, while the simple pass on and are punished" A. E. DUDLEY.