davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
WORKED IN WISDOM.
Satisfactory Showing Of the
Chicago & Eastern Illi-
noiS Road.
Chairman Porter and PreSi-
dent Saul Explain Their
Methods.
President Hill Stands Pat on
the Question Of the Du-
luth Rate.
An Omaha Traffic Appeal Dis
missed--Round-Up Of Rail
Nous

CHICAGO. Sept. 25.-1n presenting the
second annual report of the Chicago q
Eastern Illinois railroad, which shows
handsome net earnings, Chairman ii.
II. Porter summarizes the very salts
factory results of the years operations,
and adds: "These results have been
brought about by a policy of liberal ex-
penditure for additional room, equip
ment and betterments 10 the railroad
property. The expenditures already
made and now in contemplation are
giving to this road better facilities in
Chicago and along its line than are
usually to be found on Western rail
roads under the same conditions. Does
not the result show that this policy up
TO now has been justified and should it
not be continued for the present, par
ticularly in view of the increased bust
ness the worlds fair may soon bringW
President Saul, in his report says:
1.-The profits of railroad operation now
lie mainly in the increase in tonnage to
be transported and the tonnage capacity
of each train. The tendency, year
after year. to reduced rates for trans
portation and the increased compensa-
ton to the employees, evidence the
axiom that greater tonnage pei train is
the principal eXpedient still left
nhSANOJ VI POI
ton and increased price for handling
may be neutraliZed, and still leave
some profit. Hence, continued eX-
penditures for equipment Of greater
carrying capacity and motive power OF
larger dimensions and increased weight
are required. and these factors Of
progress necessitate further improve
ments in heavier rails and bridges and
firmer roadbed, in order that safe and
expeditions train movement may be in
Sured.n
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
GOULD AND SAGE.
The Wise and Wary Magnates
Talk a Little.


NEW YORK, Sept. 25.-Mr. Gould was
at his office to-day and was reported to
be looking better than for some months.
George Gould was also at the office with
his father. Jay Gould was not inclined
to make any statement in regard to the
alleged passing of the Missouri Pacific
dividend, the raid on the stock yester-
day or the question of the fulfillment of
the plan for carrying the debt or the
Union Pacific. An amusing difference
of opinion, however, was discovered be-
tween father and son in relation to
the Missouri Pacific dividend. AL
though Mr.. Gould did not care to
make statement, yet, to a reporter
who caught him ION the fly''
he said that meeting of the Missouri
Pacific directors had been called for
next week and they would determine
whether dividend should be paid or
not. Almost at the same time George
Gould declared that meeting of the
directors had not been called.
Russell Sage said this afternoon that
he thought the payment of dividend
of Is per cent would be ordered by the
directors next week. When asked if he
thought the road had earned the divi-
| dend, Mr.. Sage said: swell, honestly
| do not think it mas, but the income
account will warrant the payment of a
dividend. l am in favor of paying the
dividend" With reference to the re-
ports crediting Mr.. Sage and Mr.. Gould
with having rugged" the market yester-
day. to help the former and George
Gould out, because they had, as alleged,
| sold Missouri Pacific stock short. Mr..
Sage said:
| THAT is a lie, and wish you to say so. I
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
New York Produce.

New YORK, Sept. 5.-Flour-Receipts, 81, :
97S pkgs; exports, 1,474 bbls, 1917 sacks !;
active at regular prices, closing weak; sales,
$50 bbls: Cornmeal dull, heavy; yellow
$50 bu: exports, 2s9, 500 bu; sales, 2,32O. 900
blu futures, 17S,0O0 bu spot: spot market
weaker, moderately active: No. red, 81 .03
@103A 81 .03L afioat; 81 .04@1 :O5l2 f. O. b !;
Sl.07I2; No. 1 northern. to arrive, 81 .06; No.
/ hard, to arrive, S1.01I2. Options declined
1@11sc on easier cables. attempted re-
selling of cargoes and longs, selling;
Closed at ss@ssc Under yesterday
No red, September. closing at S1.O3ls !;
october, Sl.03i2@1 .044: November, 81 .05l20
1.06ls, closing at SL057s; December, S1.C67s
ing at S1.09; February. closing at 81. l0s4 !;
March. closing at 81. 121s May, 81 13ls@l .137s.
closing at Sl.13I2. Rye unsettled, closing
weak; Western, 93c asked. Barley steady
quiet; No. 2. Milwaukee, 73@74c; sales, 20
600 bu to arrive. Corn-Receipts, 10000 bu;
exports 141.097 blu; sales. ], POS, 600 Blu futures
Isl 600 blu spot: spot market firm, moderately
active; No. 3, 60l2c elevator. Sic afoat; un-
graded mixed. 59l2@6lc: No. 2 white, 60l9
@6lc; options opened easier. closed
at 69l2c; October, 5S14@59c. closing, 5S7sc !;
November, 5l@5Sc. closing at 57s4c; Deem
Der. 53A0545sc, closing at 54l2c; January,
51052c, closing at 5ll2c: February, 5lA@j2c !;
May. 50S4@15ll2c, closing at 51l4c. Oats-Re-
ceipts, lg1 .S25 bu; exports, As bu; sales,
10000 blu futures, 13l. 900 blu spot; spot mar
ket firmer good demand; options dull, firm
er: september, closed at 32s4c: october, 52l2
@33c, closing at 33c; November, 334 O
33S4c, closing at 33s4c; December, 3414134ssc,
closing at 1850: spot No. white, 1884
@34i2c; mixed Western. 31@34c; white
Western, 32s4@40c; No. 2 Chicago, 33A@
34c. Hay quiet. Hops easy. quiet. Coffee
Options opened strong at 10 to 40 points up;
closing steady at several points up: sales,
76,500 bags. including September. 13.45
@l3.55c: October, 1225@12c; Novem-
Der, 11.5J01l75c; December 11.40@1l. CSC;
January, 11.40@11.55c: March, 11.300l1. 45c !;
May, 11.20011.35c: June. 1;.25c; July, 1900
1l.40c; spot Rio dull. nominal; fair cargoes
lie; No. at about lac. Sugar-Raw quiet,
steady; sales. 10000 bags Brazil. S5-test. at
212c extra store; refined quiet, steady Mo
lasses-New Orleans, firm, fair demand.
Rice firm. fair demand. Cottonseed oil dull
weak; crude. SOC: new yellow, 35c. Tallow
quiet, steady. Rosin steady. quiet. Turpen
line quiet, steady. at 37I2@3Sc. Eggs frmer;
Western, 20l2Q2lc: receipts, 4,4s5 pkgs.
Wool quiet; domestic fleece, 3tQ136c yellow,
2GQ133c: Texas, 166024c. Pork active; old
mess, $40 .75@ll. 25; new mess, Sl2t012 80;
extra prime, Sll@lL25. Cut meats quiet,
steady. Middles lower; short clear, Septem-
Der, 500 Lard lower; October. S. 92@6.94
closing at 1892; January, S7.15G17 II, closing
at S7.l7A bid. Butter quiet: fancy about
steady; Western dairy, Boise; Western
creamery, 25c. Cheese quiet, easy; Western,
6@6I2c. Pig iron dull. Copper nominal;
lake September and October, S12. IS. Lead
dull; domestic, S4.52l2. Tin steady; straits,
SO TO-
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
HILL STANDS PAT.
His Reasons for Refusing to Adj
vance the Duluth Rate.

|
President Hill, of the Great Northern,
stands pat in the matter of the Mime
apolis-Duluth rate difficulty. His posi-
ton is that any present advance of the
Duluth rate would be direct discrim-
alton In favor of Chicago, and not to be
thought of. He was asked yesterday:
"Is there any probability that the
roads will reach an agreement in the
rate matter?"
mot the very slightest, sir. The
other lines wanted to make partial adj
vance In the Duluth rate and equaliZe
matters by a partial reduction in the
Minneapolis rate. Now, the Great
Northern will maintain the Duluth rate
precisely as it is so long as the others
maintain the Chicago rate as at pres
ent. We shall also make the Minneap-
oils rate from the southwest what it
should be with reference to the compar-
alive haul and maintain the MinneapO-
lis differential on fair basis"
THE other lines seem to think your
position in this matter an arbitrary one,
Mr.. Hip"
'Well, l don't know why. If they
are sincere in the desire to arrive at an
agreement how easy for them to accept
my proposition for reduction of the
rate to Minneapolis. They want to adj
vance Duluth, reduce Minneapolis and
leave the Chicago rate as it is, which
would give Chicago the advantage. The
matter will be settled this way. The
Great Northern will make a reduction
to Minneapolis of two cents. and en-
gage in no further negotiations.
'Will this be at all satisfactory to the
millers?'
ut ought to be il they understand
their own buSineSS."
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
DIRECTORS.
FINANCIAL.
New York.

New YORK, Sept. 25.-The stock market to-
day was not so active as that of yesterday
but 1t was still an unusually active market
while displaying a temper in marked con-
trast to that of its predecessor. The whole
list with only one exception was decidedly
strong and the operations of the day showed
that the desperate attempt TO break the
market yesterday was a complete failure 1t
was also demonstrated that the attempt re-
suited only in large increase in the out
standing short interest, the extent of which
in some stocks may be judged from the fact
that Notwithstanding that money was in
active demand at per cent throughout most
of the day the bears were compelled to pay
1-32 for the use of Union Pacific stock III
order to moke their deliveries. The scare
among holders was exceedingly short lived
and after the opening this morning there was
an excellent demand from all portions of the
world.
Where everything was SO strong 1t is hard
to pick out special stocks, but Union Pacific
Missouri Pacific and Canada Southern fairly
led, followed by Rock Island, Lake Shore,
Wheeling & Lake Erie common and pre-
ferred, Burlington, Atchison, and Louisville
d Nashville. Union Pacific and Missouri
Pacific were the centres of attraction during
the day, and while the transactions in
Atchison were larger than those in Missouri
Pacific. its fluctuations were by no means as
important. The dealings in Union Pacific,
however, footed up to larger total than
those in any stock since the present upward
The grangers and Wizards were again a
good second in the market, but the Wander
bilts showed the most strength, and Canada
Southern, Lake Shore and the Chesapeake Il
Ohio shares made most substantial gains on
comparatively light transactions. Union Pa.
cific, after most Irregular and feverish
opening, was again attacked and a drop of
1I2 established in il, its lowest price being
1855, but Missouri Pacific was strong from
the outset and steadily mounted until 1t had
touched GOA, gain of 4A from its low figure
of yesterday. Union Pacific, however soon
joined the procession and rose 4ls per cent to
43ls
The remainder of the list made substantial
progress and before the advance eliminated
yesterdays losses were about recovered
There were realizations i'll the afternoon. but
the best prices were well held, notwithstand-
ing that the Two leaders reacted materially.
All excitement died away toward the end of
the session, and the business done became
comparatively small, but the market finally
closed active and strong at or near the high
est prices of the day. Among the active
stocks Union Pacific is up pa; Missouri Pa
ciic and Canada Southern. 2Ss; Lackawanna
2ls; North American, 5; Atchison, ia and
Reading 15s the rest of the list generally
showing gains of from to 112 per cent
The Total Sales of Stocks
today were 631 400 shares innludinp.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
SHIP YOUR WHEAT,
BARLEY. RYE, OATS AND HAY
ECKERT, WILLIAMS & Co.
DULUTH, MINI.
Consignments Solicited.
MINNEAPOLIS MARKETS..
Chamber ofCom,uerce.

Dizziness was noted in yesterdays wheat
market. 1t was l2c lower, with considerable
business. Cables tirm and unchanged.
Closing quotations: No. l hard, OH track
yjc; No. northern, September, SSt2c; Oct
Der, S914c; December 9=Lc; on track, 9O1ic
No. northern, on track, sec.
Cash Wheat-Cash wheat was slow Offer
lngs were large and large part poor stuff
M1llers were backward and slow buyers, with
elevator companies holding back until they
got through hoping to buy cheaper. Conse-
quence was that late sales were lowest No.
Northern sold ali the way from 90 to Ole with
four hours were 49f cars, shipments I32 cars.
Duluth received Gle cars
Cash sales by sample and otherwise, to-day
included the following;
lear No. l hard f. o. b., 94l2c; l car No |
northern, 9ll2c: cars No. northern, Ole:
z cars No. northern, 90I2c: car No. l
northern, 90s4c: 4 cars No. ! northern to ar.
rive, 9012c; car No. northern f. o. b.. 93c
. cars No. northern to arrive, 90c; car No.
l northern t. o. b., 91I2c; 1 car No
] northern f. o. b., Ole; 10 cars No.
] northern, Ole: ) cars No. l northern 91I2c
car No northern, 92c; 10 cars No. / north
ern, Ole; 50 cars No. | northern. 90l2c; Ii
cars No northern, 90S4c; cars No. north.
eru, 92l2c; car No. l northern Ole; % cars
No. northern. 90Ac; car No. l northern,
northern 10 arrive, S9I2c; cars No. 1 north.
ern. S9l2c; 10 cars No. l northern to arrive o.
t., zoe; 5000 blu No. northern to arrive,
90Ssc.
GRAIN INSPECTION.
Following AS cars is previous days local
state grain inspection by the different rail
WAYS:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
MOST ELABORATE PRESENTS.
The Gifts at the Urquhart-DuvaI
NuptiaIs.

PARIS, Sept. Yesterdays mar
rage of Miss Georgina Urquhart, sister
of Mrs. James Brown Potter, to NJ.
Raoul Duval, was one of the most bril-
liant of the year. The presents were
numerous and most elaborate. The
following are few of those most worthy
of note: A splendid lace-pin of sap
phlres and diamonds from Ii. R. II. the
Prince of Wales. A trousseau from
Worth and some rich jewels, presented
by Mrs. James Brown Potter. Mr..
and Mrs. Mclean gave a silver
toilet set. The bridegroom's gifts were
necklace of nine rows of pearls,
diamond crescent, several fans and
laces, two pieces of velvet, two car
riages and harness, severals rolls of
Chinese crepe and country house COM
pletely furnished. NJ. Duval, father of
the bridegroom, gave the bride 100000
in cash to buy what she chose and a
hotel next to their own at L'Etaile. M.
and Mime. Duval, father and mother of
the bridegroom, settled upon their son
S1,500,000 outright, and a dowry to his
wife in case of his death. Mrs. Potter,
while standing in the vestry, looked a
little mournful as she sighed: "This is
something like wedding. Nothing
like this was ever done for me-"
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
r. NJ. NEWPORT & SON
INVESTMENT BANKERS,
Loan money on improved property In St
Paul and Minneapolis
At O Per Cent Son or Before,
New Pioneer Press Building. st. Paul.
Bank of Minneapolis Bulldog Minnea polls
S5OO.OOO.OO
Duluth Wheat.
special to the Globe

Speclal 10 the GlODe.
DULUTH, Sept. 25.-The first sales in Nav
wheat were made to-day. No. northern in
20-car lots selling for S1.015s. The opening
was very irregular, cash 1 hard opening at
Ac up; No. l northern same as yesterday:
September l hard, I4c down; September 1
northern, l2c down. October whest was
dull there being no trades in hard while
northern sold late at &c below yesterday.
December opened at 1sc down for north
ern. Cash sold we'll, all other wheats being
dull, with steady market, though there was
an undertone decidedly bearisn, caused by
news from Chicago prophesying a break.
Wheat continues TO pour into this port GIG
cars being on track to-day. The
close was dull and more regular than
at the opening, cash 1 hard and northern
September No. hard and No. 1 northern
October No. northern and December No. /
hard closing at l2c off from yesterdays clos
ing figures. October NO. hard lost lie, cash
No. 2 northern and December and No. /
northern &c. May No. northern was quoted
for the first time at S1.0S5s The close was
as follows: No. hard, cash, 94c; September.
94Ac bid; October. 9334c; December, CSC bid !;
No. northern, cash, 93c; September, g3Lc
bid; october, 92S4c; December, 93I2c; NAV.
$1.015s: No. 2 northern, cash, s7Ac. Re,
ceipts-Wheat, 325.472 bu. Shipments
Wheat 333,6W blu. Cars on Track-Wheat.
Gle; last year, Ill. Cars inspected-Wheat,
No. hard. 1855; No. northern, 23S; No. 3
northern. III; No. 3, IL; rejected. 26; no
grade, 173; total, 57l; fax, 2, barley, /.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
CoPYRIGHT, 1891.

of cheap limitations. at "cut prices,n
offered by unauthorized dealers as DR..
Pierce's genuine medicines.
To prevent fraud and imposition, the
genuine guaranteed medicines are sold
only through regularly authorized
agents, and at the following long =
established prices
Golden Medical Discovery (for Liver,
Blood and Lung Diseases), $100
AFavorite Prescription (for woman's
weaknesses and ailments), S100
Pleasant Pellets (for the liver), 25c.
Comp. Ext. Smart-Weed, Soc.
DR.. Sage's Catarrh Remedy, SOC.
But at these prices, which must be
paid for the genuine, DR.. Picrces medi-
zines are not only the best, but they're
the cheapest, for they're guaranteed in
every case to benefit or cure, or the
money is refunded.
There's ''value received" or there's
no pay.
The manufacturers take all the risk
by selling them on trial! AS no other
medicines are sold, through druggists,
on such liberal and trying terms-afs
an Insult to your Intelligence for any
dealer to attempt to substitute other
medicines for these, by recommending
them to be "just as good" only that he
may make larger profit.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26

4 SSESsMENT' FOR SLOPES ON SIXTH
n STREET-Offce Of the Board of Public
Works. City of ST. Paul. Mimi, Sept -, 1891.
The Board of Public Works in and for the
corporation of the City Of st. Paul. Mime
sofa, will meet at their Office in said city ut 2
p. IN. on the 18th day of october, A. ID. 1891,
to make an assessment Of benefits dam
ages, costs and expenses arising from con-
demning and taking an easement in the
land abutting Oh Sixth street, between Rosa
bel street and southwesterly end OF Sixth
street bridge $50 called, in said city, neces-
sary to construct the slopes for cuts and fills
in grading said Sixth street, between RosabeI
street and southwesterly end of Sixth street
bridge (so-called) to the established grade
thereof as shown by the profile of said grade
on file in the office of the Register of Deeds
in and for Ramsey county, and in the office
of the City Engineer, said slopes to extend
1l2 feet on said land for every foot Of cut or
I'LL as indicated on the plan Of said slopes on
file in the Office of said Board, I'm said city,
OH the property on The line of Sixth street,
from Rosabel street to southwesterly end OF
Sixth street bridge (sO-called), and deemed
benefited or damaged thereby.
All persons interested are hereby notified
to be present at said time and place Of max
ing said assessment. and will be heard.
j. G. QUINBY, President. pro TEN.
Official: j. T. KERKRR.
Clerk Board of Public Works.
spDt26-1t
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26

have never rugged the market or tried to
raise the price of money. My bank account
will prove that. 1t is also a lie that | sold
Missouri Pacific short. i have probably,
next to Jay Gould, got more certificates of
the stock in my bog to-day than any one
else believe it is the most valuable stock
in the market to-day at the present price. 1t
has not earned dividend perhaps the last
year, but neither has the Rock Island, be-
lieve it is good stock, am not in any way
responsible for yesterdays drop in Missouri
Pacific but think it is good thing occa-
sionally to have little setback like that of
yesterday. when there is danger of people
going ballooning like they are at present.
They are selling several stocks on the eX
change at prices for more than they are
WORTH
Later 1t was learned. as already
stated on the authority of Mr.. Gage. that
the whole amount of the Union Pacific
subscription had been raised with the
exception of sl,2O0.00O. 1t was reported
that Jay Gould had visited the Office of
Drexel, Morgan q Co. in relation to the
Union Pacific plan, but the report was
not true. 1t is believed to be true, how
ever. that Mr.. Morgan called at Jay
Gould's Office and that Mr.. Gould as
sured him that he would do everything.
possible to make the Union Pacific plan
a success.
1BosToN, Sept. 25.-Union Pacific Of
ficials have received dispatches from
New York to the effect that DreXel,
Morgan IL Co. have agreed to turn in
their 100000 of Union Pacific notes
Endorsed by Gould, Ames and Dillon,
and take collateral notes on the same
basis as all other creditors. This re-
moves the only hitch and makes total
subscriptions of creditors S12.500,00
There will be a meeting of creditors to-
morrow, and it is believed that if fur
ther extension of the plan is necessary
it will be granted.
New YORK, Sept. 25.-Conferences
were held between the creditors COM
mittee and the directors of the Union
Pacific company during the day. and
this evening the creditors committee
announced that at the request of the
directors, Drexel, Morgan & Co.. will
tomorrow offer to the public 5,5OO,000
collateral extension notes at 9215. These
notes are part of the issue authorized
for the purpose of extending the float
ing debt OF the company, and bear in
terest at the rate or 6 per cent per
annum.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26
A SENSATIONAL MOVE.
Missouri Catholic knights Make
Serious Charges.

SEDALIA, Mo-, Sept. 25.-St. Joseph
Branch No. 81, Catholic Knights of
America, of this city, took step to-day
that is of national Importance, as t
means the withdrawal of the order in
Missouri from the national body. The
recent defalcation for ST, 900 of Su-
preme Treasurer O'Brien, which is the
fourth defalcation OH the part of SUI
preme treaSurers in the past few years,
caused the local branch to issue a circu-
lar letter which will be mailed to every
local branch in the state. The letter de-
mandS the state officials of the order to
call convention to act upon the propo-
sition that all branches of the order in
Missouri unite in withdrawing from the
national organization and forming an
Independent body. The letter also says
that the order has been conducted in
the interest of politicians and Office
seekers, and it is time to call halt on
the dishonest practices pursued by
grand lodge officers. The organization
has more than 1000 members in Mis-
souri,, and the letter is certain to pro-
duce a sensation.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26

Wheat. tluur
RAILWAYS. Reed Ford Rec Ford
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-26

A SSESSMENT FOR SLOPES ON ALLEY
n BLOCK II, LEWIS SECOND ADD
TiON-Ofice Of the Board of Public Works,
City of ST. Paul, Mimi, Sept. % lS01-The
Board of Public Works In and for the cor
poratioa of the City Of 81. Paul, Mime
sofa. will meet at their Office in said city at
2 p. IN. on the 18th day of October, 4. D. 1891, to
make all assessment of benefits, damages,
costs and expenses arising from condemn
ing ana taking an easement in the land abut-
ting OIL the alley in Block IL, Lewis Second
Addition, in said city, necessary to construct
the slopes for cuts and fills in grading said
alley 10 the established grade thereof, as
shown by the profile of said grade on file in
the Office of the Register OF Deeds III aud for
Ramsey county, and in the Office of the City
Engineer, said slopes TO extend iI2 feet on
said land for every foot Of cut or fill as indi-
Gated on the plan of said slopes on file in
the Office of said Board, in said city. on the
property on the line of said alley, and deemed
benefited or damaged thereby
All persons interested are hereby notified
to be present at said time and place of max.
ing said assessment, and will be heard.
j. c. QUINBY, President, pro TEN.
Official: j. I. KERKER
Clerk Board of Public Works.
cpnoG-It