St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-01-19
THEY swINDLE EACH OTHER
In Specializing in Mining Stock
Why So Many People Become

In Specializing in Mining Stock..-
Why SO Many People Become
Crazy.
Special to the Globe.
DEADwooD, Dak., JAM 19.-The suit
of the Gold Run Toll Road company
against the Deadwood Central railway,
involving damages to the amount of
$4,000 has been dismissed by Judge
Thomas. Pending this trial work had
entirely ceased upon the new road, but
upon reaching decision the company
Immediately put large number of men
at work getting the track in readiness
for the rolling stock which is expected
to arrive in very short time.
United States Marshal Maratta and
deputies have arrived and United States
court is now in session. No cases of
Importance are on the docket and conse-
Quently the session will be short.
The stock boom which makes it's ap-
pearance in Deadwood periodically, has
completely fiattened out. These booms
are almost invariably the result of the
hustling and supreme gall of stock
holders. The latest attempt, however,
was lamentable failure, so far as the
general public is concerned, and the
HUNGRY STOCKHOLDERS
were forced to be content with buying
and selling exclusively among them
selves. The way these booms are
started are numerous, and can hardly
be traced to the proper source. For in
stance. member of the curbstone
brokers ''go broke" Oh thigh five" or
faro" and then set out to make
raise. They first go to the newspaper
offices and report "stocks a boomin'."
stocks back and forth, and in such
manner that the gullible and lazy news
paper reporter begins to chronicle each
sale until there is in reality a little
flutter in the market. In this way the
curbstOne broker realizes few dollars
on his p0cketful of worthless stocks.
The really worthy stocks OH the market
are affected very little by these min
iature bOOmS.
Another Insane patient is awaiting
transportation to Yankton. The num-
Der of unfortunates of this character
that are beng sent from this vicinity to
that den of boodleism, the Yankton
hospital for the crazy, is appalling.
Hardly a week passes that one or more
are not transported and large per cent
of them prove incurable. Local physi-
Clans are unable to account for the
WulCIl OtCIGdhtS 81
many in this vicinity. 1t seems beyond
their medical skill to ascertain whether
these unfortunate people are crazy when
they come into the country or go mad
trying to get out. Suffice it to say that
despite the beautiful climate of the
Black Hills there is something i'm the
atmosphere that unbalances weak
mind.
There arrived from Salt Lake City
yesterday, Orange j. Saulsberry, presi-
dent of the First National bank Of
Deadwood, and stakeholder in the
famous Homestake group of mines. 1t
is reported that his coming is to carry
out a plan formed something over
year ago whereby he, together with
Judge G. G. Moody and others are to
erect mammoth reduction works in the
vicinity of Ruby basin, should the dem
onStrations now being made i'll this city
by Prof. r. d. Clark prove successful.
Mr.. SaulSberry has benin close consul
tation with Prof. Clark since his arri-
val. and the public will not be surprised
if the rumOrS materialiZe.
A letter has been received by local
politician from Judge Moody, now at
Washington, speaking in the highest
praise of the action of Judges Trip and
Spencer and M. III. Day in their work
among the Democratic members of the
house on the division and admission
hill