davidaulloa/AmericanStories huggingface dataset:
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
A PANIC THREATENED.
EXCITING TIMES BEING EXPERIENCED
IN WALL STREET.

The Market Fluctuating Wildly and
Stocks Declining Northern Pacific
Preferred Down 12 La Per Cent.
Wizards Broker Forced to the Wall.
Liabilities $40, 900, 900 80 Other Fail
ures.
NEW YORK, Nov. 10.-The dark clouds
which have been hanging over Wall
street for the last six months almost
reached q climax Of blaokness Monday
morning. The. stock exchange was on
the verge of panic during the first two
hours. Money was almost unobtainable
and failures were imminent. London
prices for American securities cabled
over here in the morning showed de-
clines of from / to per cent. below the
closing prices of Saturday. Money rates
were high in London, and an uncom-
Portable feeling Of insecurity was re-
ported. When the market opened here
there was
A Rush to Sell Stocks at Any Price.
At about 1 o'clock money lenders
began to appear in the loan crowd on
the stock exchange. They offered the
money which they had been holding
back for better rates and found many
eager takers. Rates quickly ran up to
IS and so per cent, and then to per
cent and interest, which is equivalent to
about 80 per cent per year. At about
the same time there came sharp rally
in the stock market, and prices began to
advance again. Among the extreme de-
cline of the day was that Of Manhattan,
8 per cent, and Cleveland, Cincinnati,
Chicago and st. Louis 6 per cent.
The Bank of France Holds tho Key.
The impression seems to be gaining
ground that only prompt action on the
part of the bank of France can avert a
panic in London, the reverberations of
which will fall over the world. The
bank of France has a stock Of nearly
$4,000, 900 pounds Of gold. The banks
directors are proverbially miserly.
On Saturday they advanced the pre-
MUM on gold coins.
The situation in London is becoming
painfully strained. South America,
South Africa and Egypt, in all of which
England's moneyed interests are very
large, are all calling on the bank Of
England for more gold, and the bank
cannot respond. 1t is thought probable
that the directors of the bank must soon
advance the rate to an even higher fig
ure than per cent.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
MINNEAPOLIS WHEAT RECEIPTS.
A Prediction That $4,000, 900 Bushels

A Prediction That 5O,OOO,OOO Bushels
Will Be Received There This Year.
MINNEAPOLIS, Nov. 12.-The Evening
Journal says: The prospect is that Min
neapolis will break the record this year
on wheat receipts. At present 45, OOO,-
600 bushels is high water mark, made in
1887, but if there is wheat in the coun-
try it need not be surprising if the re-
ceipts this year exceed $4,000, 900 BUSH
els, at least, in the crop year. There is
very heavy movement in wheat now,
both in and out. The shipments are
averaging about 125 cars day, equal to
about 70, 900 bushels daily, or q, 000, 900
for the year. The outlook is
Favorable to Flour Production
this year, and good year means 7,OOO,-
900 barrels, which will require in the
manufacture about 80 ,OO0, 900 bushels of
wheat. This amount must be brought
here for local manufacture. If the pres
ent outside demand continues as strong
as at preseut-and good prophets pre-
dict it will-there will be needed in this
market alone &c, 00O, 900 bushels, Or more
than the total production Of Minnesota.
The largest outside demand was last
year, when Minneapolis shipped 12,500,-
600 bushels. The shortage in the win
ter wheat states is the cause of the
heavy demand for spring wheat, and
the strong demand is bringing the
Northwestern wheat to Minneapolis very
raDidly.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

ST. PAUL, Nov. 1.-THE valuation of
assessed taxable property in the state,
made by the board Of equalization, has
been tabuIated by the state auditor and
shows the total valuation of taxable
personal property in the state to be
500, 309, 4S4, about Sc, 0OO, 900 more than
was returned by the assessors; the val
uation of real estate is $497, 1923 1906,
more than $25, larger than the
assessors valuation. The total amount
Of assessed taxable property is $685.
Rot 700
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

NEW YORK, Nov. 12.-Consul General
Diaz, of Guatemala, has received ca
blegram confirming the news of an up
rising in Honduras. The cablegram
further states that President Bogran
had retired to within two leagues of
Tegucigalpa and was receiving the sup
port of the rest Of the republic. Order
and complete peace prevailed in the
rest of the Central American states, all
assuming neutral position in the mat
ter, which is looked upon as unimpor-
tant and purely local.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
LATEST MARKET REPORTS.
St. Paul Union Stock Yards,

st. Paul Union Stock Yards.
Hogs.Light, s3.aOoa.7O; mixed, ss.a50s7a
heavy, $3.35@3.75.
Cattle-Good to choice fat native steers
S2.50G3.5o good cows, $1.5012.5O; common
cows, 75c0l.5O; bulls, SlOODl go; mich COWS,
s12.0OG25OO; calves, S20OG3.5O stockers,
Sl5OA2.OO; feeders, $2.0O92.6O; butcher steers,
$2.25Q325.
Sheep-Good to choice native muttons, $3.50
@4.2G good to choice lambs, $3.2504.25;;
feeders, S3.0093.6O: mixed, S3.5O93.9O; good to
choice Western muttons, $3.5Od4.OO.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
BANKS TIDE OVER.
Failures That Would Have Been Very
Disastrous Aysrted bv Timely Action.

Failures That Would Have Been Very
Disastrous Averted by Timely Action.
NEW YORK, Nov. 11.-Rumors of
trouble among banking institutions were
current all day, but no one paid much
attention to them, thinking that they
were the usual emanations of bear
minds. After the close, however, the
facts developed were of the most alarm
ing character. The banks, which were
members of the New York clearing
house association were unable to settle
the claims of the other banks against
them. There was balance against the
Bank of North America CT 81, 900
which it was unable to settle. The
other banks were the North River and
the Mechanics and Traders How the
heavy balance was created against the
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
HONDURAS IN PERIL.
ANOTHER REVOLUTION IN CENTRAL
AMERICA IN PROGRESS.
President Bogran Surrounded by Insur-
gents--Their Success Will Mean the
Extinction Of the Nation---General War
Threatened.

President Bogran Surrounded by 1nsur.
gents--Their Success Will Mean tho
Extinction Of the Nation---General War
Threatened.
LA LIBERTAD, Nov. 1.-THE revolu-
ton, which has been gaining Roadway
since the conclusion of the war between
Salvador and Guatemala, has broken
out in Honduras. Tagucigalpa is in a
state of siege, telegraph communication
direct with the capital has been inter-
rupted, and it is believed that the wires
have been cut. The Salvadorian gov
eminent has received several dispatches
in regard to the affair. One is to the
effect that on Friday last a part Of the
garrison of Tagucigalpa revolted and
under the leadership of Gen. Longino
Sanchez took possession, after hard
fighting, of the capitol building and
arsenal. Since then street diminishing
has been of daily occurrence and San
chez and his forces now
Have President Bogran Surrounded
in one of the wards of the city, and it is
believed that he will be forced to sur
render unless other garrisons arrive at
the scene of the revolt within two or
three days. The garrisons of inspection
on tho Salvadorian and Nicaraguan
frontiers are being pushed toward the
capital by forced marches, only enough
soldiers being left behind to prevent,
if possible, uprising. Several other
army men are hurrying with their
forces to aid Sanchez. It is believed
the
Revolution Will Become General
and that Bogran will be forced, if not
captured, to leave the country. The gar
risons now on the way to help Bogran
may revolt, as general discomfort pre-
walls among them, which is only kept In
check by the officers in command. Bo-
gran has been regarded as the tool Of
Barrillas, and has successfully bank
rupted the country. If Bogran falls
there is possibility that by common con-
sent Of the masses,
The Country VIII Be Divided
between Guatemala, Sal vadOr and
Nicaragua. Presidents Sacaza and Ezeta
have increased their frontier garrisons
and have instructed their commanders
not to allow any armed force to gather
for the purpose Of invading Honduras.
They will maintain strict neutrality in
the present internal strife. Private ad-
vices from the City of Guatemala just
received here put grave aspect upon
the revolution in Honduras. 1t is be-
lieyed that .Barillas will attempt to aid
his old ally, Bogran, and in doing so
will
Precipitate General War
in Central America. The greatest IN
'easiness prevails in Guatemala, and
movements of Barillas are watched with
suspicion. Minister Miner has been
sending long dispatches to his govern
ment.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Another Pearl-Huntinp Craze.

BLOOMINGTON, Ills, Nov. 1.-THE
boys residing at Kappa recently obtained
about forty pearls from mussels found
in the Mackinaw river. Two of the
pearls they took to Peoria, where they
were offered $22 for the pair. 1t is be.
lieved that there are many thousands of
dollars worth of pearls in the mussels
which the Mackinaw is profusely
stocked. The discovery has organized a
pearl-hunting craze.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
SLAUGHTER WAS HEAVY.
Ezeta Confirms Rumor of Revolutio

Ezeta Confirms Rumor of Revolution.
Barillas Must Remain Neutral.
New YORK, Nov. 1.-THE Herald's
San Salvador special says President
Ezeta, in an interview, fully confirmed
the reported revolution in Tagcigalpa,
and said that the slaughter in taking Of
the state building and arsenal was very
heavy. Ezeta said he would remain
neutral, but could not allow Barillas to
interfere in the troubles there. The
present affair remained for it's people
alone to solve, and Guatemala must
keep aloof. Ezeta expressed the hope
that the revolution would soon be over,
and deprecated general war in Central
America. which would possibly follow
if Barillas attempted to interfere in the
present strife.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
ENGLISH RAILWAY DISASTER,

Ten Killed and Eight Injured in q Coli
sion on the Great Western Railway.
LONDON, Nov. IL. News has been
received here of terrible accident on
the Great Western railway at Norton
Fitz Warren station, near Taunton. A
heavily laden goods train crashed into
special passenger train from Plymouth
which was conveying to London the
passengers from the Cape of Good Hope
who had arrived by the steamer Norham
Castle. Ten persons are reported killed
and eight injured, several seriously.
The utmost anxiety prevails among
those who had relatives or friends on the
Norman Castle to ascertain the names
of the victims.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
THE DEMOCRATIC HOUSE.

Bourbon Majority in the Next Congress
VIII BE 134.
WASHINGTON, Nov. 10.-Ths election
on Tuesday, Nov. 4, resulted in giving
the Democrats 235 members of the house
in the Fifty-second congress. The rep
resentation by states will be about as
shown in the appended table. Sixteen
states are without Republican con-
gresham. Kansas is credited with five
Alliance congressman and Minnesota
with one
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Chicago 1.-Two Stock.

Cattle-Fancy steers, $4SO05.2O; second
class, $425@4.75; common, S2.7503.75; Texans,
$2.1592.5 So; rangers, So .6093.6O.
Hogs - Rough and common. S3.6O03 IS;
packers and mixed, $3.95@4.1O; heavy and
butcher weights, S40t14.1O; light, s3750
1856; pigs, S20OQ3.5o.
Sheep-Stockers and feeders, $3.7513. 85;
lambs, $4.50G5.55; westerns, S4.OO1435 Tex.
ans, $3.7014.7O; all prime, S4.SOQ525; natives,
ewes and wethers, $3.85@475.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
A Gorgeous Spectacle Witnessed at the
Inauguration of Mr.. Slavery.

LONDON, Nov. 10.-That portion of
the ceremonies attendant upon the in
duction to Office of the new lord mayor,
Sir Joseph Slavery, which consists of the
procession of escort, was most success
fully carried out.
In all its details, it is conceded that
the lord mayors show this year exceeded
that of last year both iu the gorgeous
ness of the exhibition and the number
Of the crowd.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
TO RUN ITS OWN sLEEPERs.
The Milwaukee Road Will do Away With
Its Pullman SarYice.

The Milwaukee Road Will do Away With
Its Pullman Service.
CHICAGO, Nov. 11.-Eight years ago
the Chicago, Milwaukee and st. Paul
Railroad company decided to turn over
the management of its sleeping cars to
the Pullman Palace Car company. Mon
day night the contract between the two
companies expired, and the Chicago,
Milwaukee and St. Paul again com
menced the operation of its sleeping car
service. By the action Of the St. Paul
road, which has about 1900 miles of
sleeping car lines, the Pullman company
loses one of the greatest lines in the
Northwest and one of the most impor-
tant districts.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Hog Cholera in Iowa.

OsKALoosA, Iowa, Nov. 11.-There Is
an epidemic of hog cholera in this local
ity which is taking the animals off by the
score. Within the past two weeks M.
Price & Son have lost SIC, 900 worth of
prize hogs from the disease.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
FlFTY-FlVE DROWNED,

A Hungarian Ferry Boat Capsized While
Crossing a River Near Brititz.
PEsTH, Nov. IA ferry boat. over
loaded with men, wagons and horses,
capsized while crossing the river near
Brititz, Hungary, and fifty five peasants
were drowned.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Minneapolis Grain.

Wheat-No. l hard, November, CSC; On
track, 95c: No. l northern, November, 91c:,
December, 9lIsc; May. 99Jac; on track. 911Sc;'
No. northern. November. IS: December,
Sc: Ga .rS-aE. S59S7.
NEW YORK, Nov. S.-The World
editoriaIly puts forward the name Of
Governor Hill for election to the United
States senate. ...
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

WASHINGTON, Nov. 1.-THE Novem-
Der returns to the department of agri-
culture of rates of yield per acre make
the average for corn 1919 bushels; pota-
toes, 57.5 bushels; buckwheat, 14.5
bushels; hay, 1.SO tons; tobacco, 71S
pounds.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
A ST. PAUL JUDGE STRICKEN.


Judge Simons, of the Ramsey County Dis
trict Court, Dies of Paralysis.
ST. PAUL, Nov. 1O.-Judge Orlando
Simons died at his residence in this city
at 9:45 Sunday morning. At 9 a. m.
Saturday, the day before his death,
Judge Simons was stricken with general
paralysis-the third shoke which befell
him. The family did not think the
danger immediate until at about p. m.
Saturday, when the attending physician
told the relatives of the stricken man
that the end was near. He gradually
failed from that time till his death.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

Wheat-The market opened steady and ad.
vanced Nc and closed right where it opened.
Closing prices were as follows: November,
Csc: December, 9sIlac: May, $1.O6A seller No. l
hard, CSC: No. l northern, 98c; No. north
ern 80
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Kansas City Live Stock.

Cattle-Steers, 1928 04.70; cows SL5O12SG
stockers and feeders, SLIGO g29O range steers.
S20002.75; range cows, $l2(02.OO.
Hogs.-Bulk. S3.65a3.S0; all grades, s3OO0
3.9212.
Sheep-Lambs. S3.6l94.S5; good to choice
muttons, S41094.35; stockers and feeders,
a. 75fI4 l2L
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

New YORK, Nov. Thames Freder.
lex Goddard has assumed the duties Of
commissioner of trunk lines, the posi- :.
ton vacated some months ago by Albert
Einl
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Ton Thousand workmen Thrown Ont.

MADRID, Nov. 12.-Fire destroyed q
large tobacco factory in this city, caus-
ing loss of 100000. Ten thousand
working people are deprived of employ
ment by the confagration.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
N. p. STOCKS COLLAPSE.

ferred 80 North American Not Much
Better.
NEW YORK, Nov. 11.-There is panic
among the holders of the Willard stocks,
and the prices for North American and
Northern Pacific have collapsed. One
broker sold $4,000 shares of North
American and $4,000 shares were sold
by other brokers, causing decline of 8
per cent. Northern Pacific preferred
has already declined 124 per cent.
since the opening, most Of it since noon,
and the price has fallen per cent. at a
time. The crowd in the Willard stocks
is enormous and great anxiety prevails.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
SAUK CENTRE HERALD.
Advertisements in double columns, double

Advertisements in double columns, douDle
he single column rates.
Business cards, five lines, one year $500,
Advertisements making more than five lines
and less than an inch will be charged as inch:
All transient advertisements must be PAID
In advance.
Advertisements in the local notice column
cents line for each insertion.
Announcements of marriages and deaths
published free; but obituary notices, except in
special cases, will be charged at adNertlrlng
rates.
Legal notices will be charged at IS cents per
folio for the first insertion, and 37R cents for
each subsequent insertion. All legal notices
must be upon the responsibility of the person
ordering them published, and no afidavid of
publication will be given until the publication
fees are paid.
AL accounts payable quarterly.
In connection with the paper we have splen-
did assortment of jobbing material, and are pre-
pared TO execute all kinds of printing in a style
unsurpassed.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Chicago Grain.


Wbeat-December, 9S3sc; May, $1.04zs.
No. 2 Corn December, 513sc; May, 5i4c.
No. 2 Oats-December, 43c; May, 4614c.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Bank of North America was puzzle.
It was thought that the firm Of Decker,

Bank of North America was puzzle.
It was thought that the firm Of Decker,
Howell s. Co. had overdrawn their &C
count to that extent, but this could not
be definitely ascertained. During the
day the Mechanics and Traders bank
made it's settlements with the clearing
house and the other two banks received
assistance from the other banks in the
association and pulled through all right.
At the Bank of North America it was
stated that the trouble was directly due
to the account of Decker, Howell q Co.,
and that now the account of that firm
was closed the bank was in stronger
position than ever. The most important
factor in the developments was the
scarcity Of money. Right up to the
close it was in great demand and per
cent. and legal interest was charged on
loans, equal to-
1S9 Per Cent. Per Annum.
This fact and the troubles of the bank
caused special meeting of the clearing
house association to be called, and after
a long debate it was decided to appoint
a committee of presidents with author
ity to issue clearing house loan certif-
Gates, in order to enable banks to settle
balances between themselves. These
certificates will be based on bills re-
ceivable, collateral securities, cash as
sets and the united credit Of the banks.
This action is intended to distribute the
reserves between the institutions. Where
one bank is unable to settle its differ
ences in cash it will deliver securities
and assets to the certificate committee,
and if that committee accept the secur-
tiles it will authorize the issue Of certif-
icates on them. 1t is hoped that this
action will prevent the banks being
forced to close their doors on account Of
money, and at the same time the united
action of the banks is expected to re-
store complete confidence.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
DECKER, HOWELL & co.

One of the Largest Brokerage Firms In
New York Assign---Liabilities$ SO, OOO,-
600.
NEW YORK, Nov. 11.-Decker, How
ell & Co. have made an assignment to
William Nelson Cromwell. The firm
was considered very wealthy. 1t has
been identified for years with the move
ments of the Willard stock. The failure
was considered the cloud that had been
hanging over the market, and after it
was announced rally of to per cent
occurred. Mr.. Cromwell makes the fol-
lowing statement concerning the firms
affairs: The liabilities are about $10,-
600, 900, and the assets, at the present
market price, largely exceed that sum.
The liabilities are due almost entirely to
banks and bankers on loans made, and
are we'll secured. The cause of the sus-
pension was the inability of the firm to
borrow the necessary amount Of cash re-
quired in the days business. The firms
transactions were very large, it being
necessary to borrow several million
daily. The firm has abundant collateral,
and it was not for lack of security, but
the inability to make it available that
caused the crash"
The firm of Decker, Howell & Co. was
identified, not only with the Willard
stocks, but with the Standard Oil inter-
ests as well, and also carried the &C
counts of the biggest stock operating
firm in Chicago. After the failure Of
the firm was announced sales of stock,
under the rule, for its account were
made in Edison general electric stock,
which forced the price down to 65, de-
cline of 244 points from last nights
ern preferred, Northern Pacific common
and preferred, North American, Man
itoba, Western Union, Wisconsin Gen.
trail and Missouri Pacific were also sold
under the rule for this firm.
Whitney s. Co. Collapse.
NEW YORK, Nov. 1.-THE first fail
ure has been announced on the Stock
Exchange. The embarrassed firm is G.
M. Whitney & Co., the representatives
of many of the Southern financial insti-
buttons, and the representatives of the
Whitney National Bank of New
Orleans. A large amount of stock has
been sold under the rule for their &C
count. MI. McCurdy, the counsel for
Glc LII LII Sdlu Cudt 'Cuc CIcul1OIS WOulu
be paid in full unless the panic and
sales in the exchange so reduced the
margins as to render the money shorter.
No statement was made showing the
actual financial condition of the firm.
A Philadelphia Failure.
PHILADELPHIA, Nov. 11.-Narr &
Frind, brokers, have failed. Mr.. Narr
was a member Of the New York Stock
Exchange.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Wall Street Men Feel Easier,

NEW YORK, Nov. 11.-Crowds of Wall
street men were at the Windsor hotel in
the evening and discussed the situation
In the street. An air of relief was
visible everywhere and the general
opinion prevailed that the action Of the
clearing house looking to the issuing Of
certificates will avert a panic and pre-
vent MANY failures.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

sInoludes Farmers Alliance.
includes Farmers Alliance.
$Includes Farmers Alliance.
Democratic majority over Republicans, IA
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13
Whitney s. Co. Collapse

PHILADELPHIA, Nov. 11.-Narr &
Frind, brokers, have failed. Mr.. Narr
was a member Of the New York Stock
Exchange.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1890-11-13

Montana produces the finest
Horses and Cattle. Free ranges1 H0RHEH
yet in Mouse, Milk and Sun "SheHOI
River Valleys and Sweet Grass ch11IF
Hills. o"''H-'