davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
WITHIN TWO YEARS.

st. Paul German Accident Insur-
ance Company Takes the Lead.
The st. Paul German Accident Insur-
ance company was organized in April,
1890, for the purpose of transaeting a
general accident, plate glass, steam
boiler and fidelity insurance business. 1t
has paid-up capital of 100000, and its
directors are among the solid business
men of st. PaulF The company at pres
ent is combining its operations to acct
dent and plate glass insurance, and is
already firmly established In twenty
two states. By its prompt and liberal
dealings this company has become very
popular with the insuring public, and
IS building up a large and prosper
Gus business, taking rank as
the Northwest. Its directors are:
Hon. James H. Drake. Hon. Albert
Scheffer, ]. Quincy Haas, w. c. Bre-
denhagen. Hon. E. A. Hendrickson,
Hon. William Hamm, Bernhard Kuhl,
Gustave Heinemann, George F. Sabin
and George w. Sprague, of st. Paul:
Hon. Henry Poehler and John Van der
HOrck, of Minneapolis; John q. Nelson
and William Sauntry, OF Saltwater. and
Hon. r. f. Pettigrew, of Sioux Falls, s.
D. Its officers are:
Hon. James II. Drake president.
j. Quincy Haas. vice president
Hon. Albert Scheffer, treasurer.
George F. Sabin, secretary and general
manager.
Its general offices are at the corner of
Third and Robert streets in the Com
mercial Bank building.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
FIRM TONE IN WHEAT.
The News Was Bullisf, But
Buying Was Good and No
Reactions.
Foreign Reports Made Shorts
Apprehensive to Cover
Quickly.
Corn Strong and Higher, Oats
Quiet, and Provisions
Higher.
Fro ofiopaI1v Hiosnnp Prices
Fraetionally Higher Prices
and an Upward Trend on
Wall Street.

CHICAGO. Aug. S.-Wheat was firm through
out most of the session to-day. There was
no excitement, but good, steady buying and
few reactions. The news was bulllsh-
Bradstreet's bdllish report on the crops of
Europe and its probable import requirements
and an estimate Dy BeerbOhm that Great
Britain and the continent would take 2O0,-
100000 blu of American wheat were strong
bull factors Early cables were alittle mixed,
but prices abroad appeared to be well sus-
tanned. The continued freedom of the eX-
port movement was one OF the strong feat
ures. Bradstreet reported the clearances
from both coasts for the week IN wheat and
flour as equal to 100000 bu, against 2, 10000
bu for the same week last year.
A story was also started that the reported
prohibition of breadstuffs impOrtations from
Russia had been officially confirmed but
this was subsequently denied Still, these
various reports made shorts more or less APP
prehensive and there was free covering. 1t
was part OF the gossip that Partridge and
George Smith bought in the tail end Of their
short line and the smaller shorts did the
same thing. Some hail storms were reported
in Dakota. and also hot winds, which were
damaging the unmatured wheat Under the
influence of these reports the market started
off firm and December sold 9014GD907Sc. 1t
halted at that and gradually sagged on 10
9014c. Then came reports that nearly 100000
bu of wheat and some flour had been cleared
from the Atlantic seaboard, causing a rally
to 907sc again, and the close was at 90S4c.
Corn was strong and higher The firm
ness in wheat and provisions gave 1t its first
strength, but later it was materially helped
by the Iowa crop report, which indicated
reduction in the condition of the corn crop
i'll that state during July OF 5l2 points, falling
from Csc on July l, to s9l2c Aug. l.. This
started shorts to covering, and the price of
September, which opened 5s07sc up at
5634@57c, advanced to 57s4c. Later, on
realizing sales. it reacted to SIC. but shot up
again at the close, going to 5S5sc. Provisions
were firm. in sympathy wish grains and the
fact that hog receipts were $500 less than the
estimate September pork opened at $1,000,
ranged at S10.j7l2010 65 and closed at $1,000.
Lard was steady within a range of &c, clos
ing at medium figures and 2I2c over yester
days close. September ribs fiuctuatcd be-
tween S6.6712@675, closing at Sj.70 or 212c
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
THREE YEARS AGO
The Firm of Messrs. Casserly &
DOnnelly Was Started.

The firm of Casserly Il DOnnelly is
we'll known in insurance circles. Law
renee j. Casserly came to Minnesota in
his in fancy; he was born at Morris
town, n. j., in 1858. 1t was not. how
ener, until 1888 that he took up his
residence in st. Paul. James r. Don
nelly is a Pennsylvania, born at Phila-
delphia in 1855. He also located in st.
Paul at the time Mr.. CaSserly did, but
the firm of Casserly d Donnelly was
not established until three years ago.
The companies represented by this
firm are the Royal. of England; Glen
Fails, N. Y; Security. of New Haven,
Conn.,; Rockford, of Rockford, ILL., the
Southern, of California; the Hekla, of
st. Paul.and the st. Paul Accident COM
pany. With the exception of the latter,
they are all fire insurance companies.
Both Mr.. CasSerly and Mr.. Donnelly are
experienced insurance men. Since its
establishment the firm has proSpered
wonderfully, due largely, however, to
the indomitable industry of Messrs. Cas-
serly and Donnelly. They are both rep
resentatiYe men of the city.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
DIRECTORS
FINANCIAL.
New York.

New YORK, Aug. S-The stock market
to-day was again quite dull and displayed no
decided temper, though the general tendency
was upward and prices this evening are gem
orally fractionally higher than last night.
The trading as rule was devoid of feature
of interest, but the attention of the bears was
turned upon Richmond d West Point again
and that stock was made comparatively
active and weak, though its decline was
measured by q small fraction. The leading ac-
tive stocks were Paul, Union Pacific. North
ern Pacific preferred. Atchison, Burlington.
Richmond d West Point and Chicago Gas,
and only in the last named was the extreme
fluctuations for the day as much as 1 per
cent London was again buyer and the
local bear element was rather inactive, eX-
cept in the stock above mentioned.
The opening was firm under the influence
of the foreign buying. but the pressure upon
Union Pacific and Richmond q West Point
from local operators caused q slight depres-
sion i'll those shares and checked the upward
tendency in the general list after Atchlson
had risen 90, and others smaller fractions.
The industrials were specially strong, how.
ever, and Sugar rose "A per cent TO 1920.
The bank statement showed a loss in the re-
serves of over S1,OO0,O00, but had no appreci-
able influence on the speculation, being
about what was expected. and the late trad
ing was utterly featurelesS. The market
finally closed dull but firm, at small frac-
tional gains for the day, no material change
taking place in quotations among the leading
shares
Railroad bonds were fairly active and the
dealings in all issues reached $4,000. but
there was no decided tendency of prices, and
the final changes are irregular but for small
amounts Government bonds have been dull
and heavy. State bonds nave been neglected.
The Post says The temper of the financial
community is extremely bullish, as was
plainly enough shown by their heavy orders
of the past week in Boston's specialties not
ably New England and Burlington q Quincy.
In the same connection. the movement of
the Boston money market is interesting, call
loans being quoted there yesterday at per
cent, and SO scarce as to occasion a virtual
money pinch. This has bearing of some
importance on our own local prospects, and
suggests that the call money market, as well
as that for time loans, may have consider
able part to play in delaying an organized
movement for higher prices.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
PLENTY OF BUSINESS.
Mr.. Hayward and the Standard
Accident Insurance ComDany.

Mr.. Hayward and the Standard
Accident Insurance Company.
The Standard Accident Insurance
company. of Detroit, has every desir-
able feature of the other accident COM
panies, and more besides. 1t allows
indemnity for one year instead OF six
months, the time fixed by all its COM
petitOrs; it places no restriction on
travel or residence; its policies are not
forfeited by the fact of the insured en-
barking in q more hazardous business
than the one he insured fOr-the extra
hazard being charged for merely; in
1urieS resulting from humane acts or in
athletic sports, for recreation, are coy
cred by its policies, and policies are
written upon the employees or corpO-
ratiOns and firms by the year. for orders
upon the paymaster of such employees.
The Standard has for its president ID.
NJ. Ferry, senator from the state of
Michigan. 1t is probable that the COM
bined wealth of its stockholders is
greater than that of those interested in
a cash capital of $500 900, assets over
$780, 900. and 100000 deposited with
the state treasurer of Michigan for the
security of its stockholders. Its repre-
sentative here is Mr.. L. Hayward, a
gentleman who has had years of expert
ence in accident and other insurance in
Dakota, Chicago and here. Since he
has been in charge of the company's af-
fairs here-March, 1887, to date-more
than $4,000 of premiums have been
paid in through his agency. He makes
a speciality of the insurance of railway
employees, and has special jurisdiction
of that sort of business for the company
in the Northwest His Office is Room
8, Mannheimer block.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
THE MUTUAL LIFE.
Ably Managed in the Northwest
by e. w. Peet & Co.

Ably Managed in the Northwest
by e. w. Peet & Co.
The Mutual Life of New York is one
of the strong est life insurance compan-
les in the world. The mutual was es-
tablished forty-eight years ago, but it
was notuntil 1885 that the st. Paul gen.
eral agency was started, though the
company has had a district agency
here for more than twenty
years. E. W. Peet & company are
the managers for the Northwest. The
business of E. w. Peet & Co. embraces
general finance as well as insurance. 1t
is the most prominent of its kind In st.
Paul, financially strong, conservative,
conducted on the soupdest possible
basis. E. W. Peet is at the head of the
firm. He is an Ohio man, came to st.
Paul in 1855. W. F. Peet, also men,
Der, is son of E. W. Peet. G.
E. LaWton. originally of Cincinnati, O.,
is the son of G. G. LawtOn. general
agent of the Mutual Life company. The
insurance business of E. w. Peet q
Company embraces the states of Mime
sofa and Iowa. Under their manage
ment the business has increased from
100000 to between S., 000,00 and Sc, 000,-
900 new business each year. II. M.
Hart is and for the past twenty years
has been local agent for the Mutual
Life, and reports at the Office of E. w.
Peet q Company.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
TWO GOOD MEN
Make Up the Well-known Firm of
Gilman & Co.

Few firms are stronger than that of
Messrs. Gilman d Co., in the New York
Life building. The members of the
firm are V. c. Gilman and A. j. Leitch.
They not only conduct large insur-
ance business, but also act as financial
agents. Mr.. Gilman is a New York
man. Ae was born in 1857, and has
been engaged in insurance and loans
six years, which covers his resi-
dence in st. Paul. Mr.. Gilman married
Miss Julia Chenoweth. of Mayville, KY.
Mr.. Leitch was born in Chicago, 1868,
coming to st. Paul in 1888. He has not
yet embarked upon the matrimonial
sea. Mr.. Leitch's connection with in
surance matters is restricted to three
years. The companies represented are:
The London Assurance corporation,
the Phoenix, of Brooklyn; the Farragut,
of New York; the GlenS Falls, of New
York; the TeutOnia, of Philadelphia.
Mr.. Leitch attends to the insurance
end of the business, Mr.. Gilman being
fully occupied in looking after the loans
and financial interests of the company.
MeSSrs. Gilman & Co. have written pol
icles in Michigan. Iowa, Wisconsin,
Minnesota, North and South Dakota and
Montana, and are now pushing for bus
mess III Washington. Mr.. Gilman, and
also Mr.. Leitch. stands high in CONNER
cial circles
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
ST. PAUL FIRE AND MARINE.
A Home Company Which Is
Credit to the City and North

A Home Company Which Is
Credit to the City and North
west.
The st. Paul Fire and Marine Insur-
ance company, as its name betokens, is
a home institution. Itwas organized in
1S65-the first company of the kind in
the city. The late j. G. Burbank was
the first president, S. S. Eaton the first
secretary, and the late Horace Thomp-
son the first treasurer. Mr.. Eaton re-
signed the SecretaryShip in the later
part of 1870. and was succeeded by G.
H. Bigelow. who succeeded to the preSi-
dency on the death of Mr.. Burbank in
1876. Mr.. G. A. Eaton was the next
secretary of the company, and upon his
retirement in 1882 he was succeeded by
c. B. Gilbert, the present able secre-
tary. This company paid $4,000 in
losses. consequent upon the great Chi
cago fire of 1871. and in connection with
this episode of the cOmpany'S existence,
it is pleasing tOQuOte the following high
testimony from the report of the first
state insurance commissioner in Mime
sOta-the late Pennock PuSey. In his
report for 1872 appears the following:
1.-The standing of the st. Paul Fire and
Marine company needs little eXemplifica-
ton. Its honorable career forms part of that
vivid history of underwriting which shall
ever render the annals of the recent past
record of sad memories. Caught in the
Chicago calamity with q cash capital of Sl05,
900, this company sustained q total loss of
$4,000. Under this blow it abjured the tenn
porizing expedients so tempting to struggling
young companies courageously confronted
difficulties which threatened its humiliation.
and by prompt assessment and Increase of
capital met its losses without recourse to its
accumulations, and started anew with its
paid up capital of 100000. With such
record, OF course business sought this COM
pany unsolicited from all quarters and it has
gone without difficulty into states imposing
the severests tests of financial standing"
The success which has attended the
company is demonstrated by the fol-
lOyry fol LOT
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
THE HOME LIFE.
A New York Company, of Most Ex-
celient Standing, Ably Repre-

A New York Company, of Most Ex-
celient Standing. Ably Repre-
sented.
The Home Life Insurance company
makes most excellent showing. The
assets have increased during the year
from S6,7OS,449 to IS, 4,61O76. The
Home was organized May l,
1860, and since then has paid
to its policy holders no less
than $4,000, 257.55. 1t has S126 assets
to each 800 liabilities. Its interest re-
ceiptS since organization have exceeded
its death losses by 1922, S27.76, never
having passed a dividend during the
thirty-one years to its policy holders.
The officers of the Home Life
Insurance company have always
been credited with being the most con-
sentative among life insurance mana
gers. They have imbibed long and
heavy draughts at the fountain Gi prog
ress. Their policies contain no
restrictions as to residence or
travel, and are absolutely incOn-
testable after two years. Among
the most desirable of its plans
is its Return Premium Dividend En-
dowment," by which plan the total
premiums will be paid ITO the bene-
ficiary in addition to the full amount of
the policy.
This policy also has the "ten-year-
loan" clause to policy holders, which is
a very desirable feature.
The Home is ably represented by PIP.
Roller, general agent, who for fifteen
years has travelled over the Northwest
and during that time has made many
friends. He is a rustler from way back.
Mr.. Roller is ably assisted by Harry
Tomb. district agent, and James
DelIefeld, travelling agent. Both
acquaintance and allow no grass to
grow under their feet. The st. Paul
agency has been in operation three
years. though the company has done
business in Minnesota nearly thirty
wears.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
OF HIGH STANDING.
The Provident Life and Trust
Company of Philadelphia.

The Provident Life and Trust Com
pany of Philadelphia is in many re-
spects different from any other Ameri-
can life insurance company. 1t was or
ganized in 1865, originally for the pur-
pose of writing life insurance among
Friends, or Quakers, many of whom
had conscientious scruples against.
the forfeitable features Of policies then
issued. 1t is now the tenth company III
size in the United States, and has over
SSO,O0O,00 of insurance in force and
over S19.O0O00O assets. The charter
provides that all the profits of life in
surance shall be returned to the insured,
while its large capital is remunerated
from its extensive trust business.
Every insurer in selecting company
merely selects a custodian for his
premium. and, in security, the Provi-
dent offers all the safeguards given to
estates by responsible trust company.
Tie probate courts of Philadelphia have
supervision of its insurance as well as
trust assets. This peculiar organization
has proved a great success from Its
very conservative management. For
twenty-five years the combined expense
and mortality have been less than any
other American company, and the first
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
ONE OF THE LARGEST.
III. NJ. Hart & Sons Among the Old
est Firms.

III. NJ. Hart & Sons Among the Old
est Firms.
Among the oldest, certainly the most
prominent, insurance firms in this city
is that of II. NJ. Hart & Sons. Mr.. Hart
is a New Yorker; has been in this city
thirteen years, engaged all the time in
the fire insurance business. During the
summer of last year Mr.. Hart made an
extended tour of the British Isles and
France, and made himself thoroughly
acquainted with the insurance opera
tions of those countries. He is well
versed in insurance matters; no man can
claim wider or more general experience.
The companies represented by the firm
are: The London and Lancashire
Fire, of Liverpool, Eng: the Phe nix, of
London, Eng; Newark Fire, of New
ark, n. j.; st. Paul German Fire. Mr..
Hart has operated in five states at one
time, viz: Michigan, Illinois, Mi nne-
sofa, Iowa and Wisconsin. He has also
done considerable business in New
York. The firm has consequently built
up large business, probably as large
as any other firm operating in the North
west. During the past fall winter and
spring Mr.. Hart was engaged in visiting
representatives of New York Life In
surance company in the South aud on
the Pacific coast.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
FAVORABLY KNOWN.
A. B. WiIgus & Co., OF Insurance
and Realty Fame.

Few men are locally better known
than Mr.. A. B. Wilgus, who does bust
ness under the title of A. B. Wilgus 81
Co., 12S East Fourth street Mr.. Will
gus does an immense realty business
in connection with his insurance. He
has resided twenty years in st. Paul,
and knows almost everybody-that is
everybody worth knOwing-and every
body knows him. He was originally
general Northwestern agent for the
Canadian Southern railroad, but re-
linquished the position when he started
his present business. He has been emf
nently successful; is very enterprising,
and few more men are more public
spirited. Mr.. a. d. Wilgus was born in
New York, 1874.
James II. Wilgus has his office with A.
B. Wilgus & CO. He is New Yorker.
and saw the light of day away back in
1917. He did not take up his residence
in st. Paul until seven years ago. He
is pushing. industrious and very able
man. He has been identified solely with
fire insurance and mortgage loans since
he came to st. Paul.
Messrs. A. B. WilguS & Co. ard j. H.
Wilgus represent the same companies.
They are the Sun, Of San Francisco; the
Standard, of New York; the Peoples,
of New Hampshire, London and Lam
pachira
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10

contest in court over death claim has
yet to occur. The policies are plain and
untechnical, with 10 restrictions in
travel or occupation after two years. In
the distribution of surplus, this COM
pany adheres to the old-fash-
Toned yearly dividends, believ-
ing annual settlements of profits
better for the company, and
better for the insurer, even its pald-up
policies participating. Its extension
system has enabled many an embar-
rassed policy holder to keep up his in
surance. Messrs. Smith Il Maule, man
ayers for Minnesota, are both from
Philadelphia, where for a number of
years they were connected with the
home office. They opened the Mime
sofa agency in 1888, and at the close of
their third year had nearly S1,000,00O
insurance in force, largely in the two
cities
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10

years. and with FarwelI, Ozmun,
Kirk & Co. tour years. In addi-
ton to loans, Mr.. Learned also
does quite an extensive loan business
He has made quite success of his in
surance agency. Few men have dis
played more indomitable spirit, for, to
have started and made a successful
business venture in an old field during
the past two years, having in view the
trade depression that has existed, is
by no means small undertaking. Only
men of undoubted ability can succeed,
and that Mr.. Learned has displayed.
He is Chicago man; was born in 1852
and settled in st. Paul in 1880. Mr..
Learned is to be found 2S East Fourth
street
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10

refined well sold up, strong: No. 9. 3916c.
Eggs steady, quiet; Western, 1514@17e; re-
ceipts, 1882 packages. Hides firm; wet
Sc: Texas selected. 5000 lbs, case. Pork
slow, irregular; old mess S10.5O@ll.25; new
mess, S12GD12.50: extra prime. SIO.5c@11. Cut
meats unsettled, quiet; picked bellies. 7A0
Sc: picked shoulders, 6I2c; picked hams,
1c0llc. Middles easy; short clear, Septem-
Der. S6.55. Lard stronger quiet; Western
steam, 1913; options sales. 1900 ties; August,
S669 bid; September. S6753S.72, closing at
S. rs asked; October $3.50, closing at S6.87
asked; December. Sz07 Butter, firm. fairly
active; Western dairy, 120l4l2c; WesterR
creamery, 14G1l9c.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10

ness done, it is sufficient to mention the
companies, all of the leading represent
alive organizations. In fire companies
Mr.. Eaton represents the Insurance
Company of North America; Royal, of
England; The Queen. of England: Lon
don Assurance of Corporation; Penna
Fire; The Phoenix, of New York; The
Traders, of Chicago; The Delaware. In
life and accident he is the representa-
tive. of the Travellers, of Hartford,
Conn; I he Metropolitan Plate Glass In
surance company, Of New York; The
Marine Insurance company; The Hart
ford Steam Boiler Insurance and Inspec-
ton company. Mr.. Eaton has been in
the insurance business forty years and
has resided in st. Paul since 1855. He
was born in XermOnt 1925