davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03

ing at 55Ac: May, 5000 7asc. closing at
5ja4c. Oats-Receipts, 101.905 bu; exports,
80 bu; sales, 225.00O blu futures, l290o0 bu
spot, spots fairly &C i've, easier: options
at 3'l2c; October. 3S9a3sl2c. closing at Csc;
November, 3sl2439h, closing at 81 Ac; No
2spot white, &l2c; mixed Western. 3i039c;
Mhlte Western, aGS4@c: No. !? Chicago 3sl2c.
Hay easy, quiet. Hops weak, dull. Coffee
Options, opened steady and unchanged to
points down. closing bearly steady. 5 points
dewn to points up; sales. 10000 bags, in
Guiding: September, ID 5@l3.65c; october,
d aa1G SIa3S ST. Ns.oyembe} lslC@l31Se; De.
dull nominal: No. z 1i5s0ll7sc. Sugar
: Raw firm, quiet; refined active. higher;
No. e. Al al ll-l6c; No. Z, 4 5-lc@@i 7-1ec.
No; IL, 4ts@:Ac; No. ii. 3-lC@3 Lie; No.
IL 8 l1-1e@53 l3- ltc; No. is, 3ss@3s4c: off A.
4A@t l5-l6c; mould A, 53-lt@5 81 &c;
standard A. 1-leQ15.31cc: confectioners' A,
4 l5-i6@5 Lice; cut loaf, sss05lac; crushed.
lated, l5-l6@5 a-lCc; cubes. $4,000 Slice.
Molasses-Foreign nominal; New Orleans
steady and quiet Rice firm. good demand;
firm: Tallow quiet, firm: city q for packages),
415-l6c. Rosin quiet, firm; strained common
to good. Sl.25@ll.3,. Turpen,ine dull. easier:
s ss;gsEs EggsmFree receipts quiet
quiet steady. Wool firm. fai: demand: do
mestic fleece, 2@135c: pulled, 2o@t32c: Texas,
1t@2ic. Pork quiet, steady Cut meats dull,
easy; middles firm. dull; short clear. SS.55.
Lard dull. steady; Western steam CLOSED at
SIS; sales, 81 tierces at SIS @7.95: option
sales. PIG tierces at September. $3.50, closing
at 81 s.; 80 tierces october. S7.g, closing at
SI.S4. Butter dull, easier. Cheese irregular.
dull. Pig iron dull. steady; American, Sl3@
Is Copper dull; lake. Sll.4l@lI.60, Lead
firm: domestic, &I.l5@L.0. Tin steady;
straits, $20.3r@2J4 40
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
MINNEAPOLIS MARKETS.
Chamberof Commerce.

The markets for wheat were lower Longs
have dropped out for several days. and, to
add to the depreciation. there has been short
selling. The decline of nearly 1c seemed TO
clear the situation, and for The moment, at
least. TO give a better tone TO the markets
Cables showed lower range of prices also,
although their market on the other SIDE like
ours, had better tone, it was reported. at
the decline. Prices are regarded as low; but
for the present, at least, wheat buyers seem
TO be moving cautiously.
The receipts of new wheat were car No.
l hard. 20 cars No. northern. 81 cars No .
5 cars No. g. car rejected and cars no
grade.
The demand for old No northern was
slow. Local miilers were not buying old
wheat, as they are taking their VIII at bought
for September delivery out of the elevators.
The following are the closing prices: No
TENDER, Tssc: December, 75ssc; on track,
74l2c; No. northern, on track, 6s@12c.
FLOUR AND COARSE GRAINS.
flour-Receipts, 800 bbls; shipments, "a 29S
bbls. Quoted at Si@Si. 40 for first patents;
S3.s0@4.10 for second patents; 81. 1893 40 for
fancy and export bakers Sl.g @2.l5 for low
grades in bags. including red dog Flour re-
mains steady, with local supplies well taken
care of at prices quoted. The market is very
quiet but steady.
Bran and Shorts-Quoted at S9.5O@9. rs fer
bulk and S1l1ll so sacked bran; SIC@1I for
shorts. Millstuffs are a little frmer, with
much better inquiry.
Corn-Receipls, 2.600 bu: shipments, $50 bu;
quoted nominally at 4S04s12c for good dry
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
MAY RESULT IN WAR.
Cd Trouble Pe.Ween the
Northern ard Union Pa
cific Eobs Up Again.
Circular Issued by the North
ern Pacific Which May
Widen the Breach.
The Southern Pacific Now
Has a Chance to Make a
Threat Good.
Transcontinental Roads Au-
thoriZed to Meet Cana
go. dian Pacific Rates.

= CHICAGO, Sept. "A circular has
been issued by the traffic department of
the Northern Pacific road which is cal
culated to cause war between it and the
Union Pacific. 1t has been the practice
of the Union Pacific, in soliciting bust
ness from the East to Tacoma, Seattle
and other points on Puget Sound. to
guarantee transportation over IT'S own
line to Portland and thence over the
lines of the Northern Pacific, on the
same terms and conditions as If the
business was forwarded from the
East direct via st. Paul and the
Northern Pacific road. Objection was
made by the Northern Pacific to receiv-
ing this business at Portland. The
Union Pacific sought to maintain its
position through the intervention of the
United States court for the district of
Oregon. but the opinion of Judge Field
was IN favor of the Northern Pacific.
The latter company therefore gives no.
tice to shippers and agents that here
after ii will refuse to accept from the
Union Pacific or Oregon Short line all
shipments of freight originating at
points east of the ninety-seventh merid-
ian unless loaded in Northern Pacific
cars, ard unless all charges, including
the local rates of the Northern Pacific
from Portland, are prepaid.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
GIVEN 4 CHANCE.
Transcontinental Association 1g-
nores a Southern Pacific Threat.

Transcontinental Association Ig-
nores a Southern Pacific Threat.
CHICAGO. Sept. 2.-When the South
ern Pacific railway appealed to the COM
missioners of the Western Traffic asso-
citation for authority to establish rate
of SO cents per 100 pounds on canned
goods, wines and other commodities,
from San Francisco to New York and
certain intermediate points, it also de-
livered itself of threat. This threat
was that if the authority was not
granted the company would give the
ninety days notice required by the
agreement, and put the proposed
rate into effect at the end
of that time. The Southern
Pacific now has an opportunity to make
its word good. Chairman Walker today
issued a circular disappearing the prop
Osition. This result of the case is set
down by the officials of the Atchison as
victory for them, as theirs was the
company that NEST vigorously opposed
the Southern Pacific proposition.
Another circular issued by the COM
miSSOnerS today has reference to the
Southern Pacitic's proposition to re-
duce rates from New York to San Fran
cisco in view of a notice given by the
Canadian Pacific that on Sept. 10 Ger
tain maximum rates would be put into
effect by that con- pany from Mon treal,
Boston and New York. After this case
had been heard and taken under adj
visement by the commissioners, the
TlanScontnental association at its New
York meeting took up the question and
adopted a resolution instructing tile
chairman 10 authorize members to meet
such rates as the Canadian Pacific
might put into effect. The commission
ers decide that this fully disposes OF the
subject and leaves no disagreement for
them to pass upon..
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
SHIP YOUR WHEAT,
BARLEY, RYE, OATS AND Hay
ECKERT, WILLIAMS & Co.
DULUTH, MINI.
OBSERVATION-DISCLOSURES
New York Produce.

New YORK, Sept 2-FIour Receipts.
3h,OO0 bbls; exports 1.50U bbls 1850 sacks:
duh. steady; sales, $500 bbls. Cornmeal dull.
steady. Wheat-Receipts, 1e5.o00 bu; exports
1Sa.0UU bu; sales, 1,095.00j bu futures $1,000
bu spot; spots dull but firmer; No. red.
7es4c store and elevator. 79Iac afioat. 79ls6
Sts4c f. o. b.; No. red 144c; ungraded
red, 74i.@S0c; No. northern. s5c: No. i
hard. disc; No. . northern, 1Ss4c; No. 9
Chicago, SIAc: No. 2 Milwaukee, 7s4c, No
3 spring; 7ss4c; options were dun, openil:;
firm at A@sSc advance on steadier cables.
foreign buying and large clearances.
declined l2Qs4c on freer receipts and
long selling. advanced Is6Ac on local cover
ins, and closed steady at lsEQ 4c down from
Yesterday; No. cred September. 7>5s07.lsc.
closing at iSs4c; October 70 I.-lL@lS- sac, clos.
ing at s0lse: November, sls4c; December.
s31s@S3 l5-l6c, closing at S.ssc: May. Ss7s6
S9tsc, closing at sgIsc. Barley malt quiet.
Corn-Receipts, 1900 bu; exports, 17.e00 bu:
sales, $4,000 bu futures, zoos bu spot; Spots
dull: lower, weak; No. =. 5f@j74c elevator,
a6s4G' afioat: ungraded red, 55@5sc;
options were dull, A@hc lower, on
large receipts and free realizing, closing weak.
Seplember, 54s4056c. closing al 54s4c: October.
5ias 05oc closing at 4asc: November, 55G56c'
closing at ssoi December, 55xG56ssc, clos
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
st. Louis Produce.

ST. LOUIS. Sept 2.-Flour-Buyers asking
concessions but holders not disposed to let
go. Wheat opened A@ssc up, but soon
dropped lie. rallied later. but closed 1s@Ac
below yesterday: cash, 6s7sc; September
closed at &C; Octob r. 7UlAc; December. 73l2
@135sc: May, 797sc Corn declined all day,
and closed 7s@iAc below yesterday; cash and
September, 4aLc; October, 44A@e44asc; year,
45l2c; December, 43c; May. 47Is147 5sc. Oats
lower; cash aud September. 2.l2c; October.
3O7sc: May &C. Rye lower at 5sl2c. Bran
steady Hay unchanged. Flaxseed higher
at 97c. Butter and eggs steady and I'M
changed Co nmeal steady at s.. 2c@?.3o.
Whisky steady at 81. 10 Bagging and cotton
ties unchanged. Provisions steady but slow.
only small job trade done AT previous quo
tations. Eeceipts-Flour, 4,0OJ; wheat. ZIG.
90 blu; corn, $1,000 bu: oats, 10000 bn; rye.
5000 blu; barley, none Shipments-Flour,
ll,0o0 bu; wheat, 5000 bu; corn. 1000 blu;
oats, 1000 blu: rye, 1000 bu; barley, none.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03

No 3, 46@47c tor No. 8 yellow, and 3s@Nlec
for dry No. 4. Quotations i'll corn are purely
nominal.
Barley - Receipts. 1.770 bu; shipments,
none. Practically there is no market for
barley at present. The. property is held nom
inal at 3Sll45c for No. 3, and No. is 3,@iJc.
according to sample.
Oats-Re ceipts, s.lS) bu; shipments. LILO
bu; quoted Mt 3lQD31l2c for No. white and
new. 2a03 C for No. . and No. 3 oats.
FlaX-FlaX sales are based. less freight, on
the Chicago market. Chicago flax closed at
$L04.
Rye-Receipts. Ito blu: shir ments. 1850
bu; was quoted nominally at ~@D51c for No.
= +. o. b. The demand appears 10 be fairly
good at present prices.
Feed-Millers held at S1775@l a15 per ton;
less than car lots, Sls@lS.75, with cornmeal
at S!G@l650 per ton.
Hay-heceipts 80 tons; shipments, none.
Receipts were somewhat larger today, but
dealers report the marked steady at quota
tons. We quote upland nay at $S.50@950
and new timothy at SS50@lO per ton The
demand is reported TO be fair for the season.
Some sample Sales-No. / hard. l car. 7sl2c;
No hard. car soc: No. northern, IL cars,
new, 75c; No. northern, 3 cars new. 74l9c;
No. northern. car, old. 7Sl2c; No. north
ern, cars. old, TSl2c; No. l northern. 2
cars. old, 77t2c; No. l northern, Car, bin
bl I'll I'd, 75c
STATE GRAIN INSPECTION
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03

CONTRACT WORK - GRADING AND
- SURF FACING UNION STREET-Offce
Of the Board of Public Works. City of st.
Paul, Mimi, Sept. l. 1S92.-Seaed bids will
be received by the Board of Public Works in
and for the corporation of the City of st.
Paul, Minnesota, at their office i'll said city,
until l. IN. on the 18th day of September, a.
D. 1892, for grading and surfacing Union
street from Cha,sworth street 10 Como ave-
nue.. in said city, according to plans and
specifications on file in the Office of said
Board.
A bond with st least two C2) suretles, in
sum of at least twenty 2l per cent or a
certified check OH a bank OF st. Paul in
a sum OF at least ten OO) per cent of the
gross amount bid, must accompany each bid.
Said check shall be made payable to the
Clerk of said Board
The said Board reserves the right to reject
any and all bids.
X. L. GORMAN, President
Official: IT. KERKER
Clerk Board of Public Works
Sept. SLOT
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
The Total Sales of STOCKS

Bradstreets says of the New York stock
market: The principal factor i'll this
weeks speculation has been diSorganiZing
one. Apprehensions in regard to the cholera
have dominated the situation. The tangible
influence OF interruption to the countrys ex-
port trade. with an accompanying derange-
ment of foreign exchange. proves to be even
more effective than what is hoped will be the
remote danger of a visitation OF the epi-
demic. he nervous feeling induced by this
state Of affairs began 10 display itself early
in the week. Liquidation. especially in the
manipulated securities which have been
leading the advance of prices, began to ap-
pear on Monday and Tuesday, and W hen on
Wednesday ii was announced that cases of
the disease had appeared on a vessel arriving
from Hamburg general slump set in which
on Thursday almost attained the dignity of a
small-siZed panic.
Prices have suffered all around the list.
although as might have been expected. the
principal declines were in sureties in which
artificial activity and strength had created
all extended bull interest, which it REQUIRED
but little pressure to diSlodge Considerab bile
short sales had. of course been previously
made in anticipation of such proceedings as
wei as on Inc bellef that the firmer tendency
OF the money market would Justify a decline.
The covering of these contracts tended to ar
rest the fall Of values. but nevertheless the
situation remains very undecided one with
the tenor OF events in favor of the stock
market bears. Fridays market showed a re-
coyery in prices, the feature of which was
buying by London. There was. however,
little bullish feeling left, and in the latter
part OF the day further declines were pro-
duced by reports of trouble between The
Reading and Pennsylvania.
Apart from the influence in question it
might be claimed that another very impor-
tant element continues 10 enter with in
creasiDg force into the tendencies of specu-
lation. Whether the hardening of money
rates and the prospect of higher and closer
lean market during the autumn months
would. of itself, have checked the manipuIa-
ton and support which has kept speculation
upon bullish tack is all open question,
Such an idea has. however. been prevalent.
and it is alleged that some of the operators.
whose interests have leen on the long side
Of the market had taken profits in anticipa-
ton of such all outcome. The steady de-
crease of the bank reserve The outflow of
money 10 The West. the indispositon of
lenders to make extended engagements at
the low rates that have been current aud.
above ALL the renewal of a tendency to
scutinize cOllaterals for loans and 10 reject
an undue proportion Of values which are re
garded as inflated. point in such direction.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
ST. PAUL REAL ESTATE.

The following real estate transfers were
registered yesterday:
john G Casey ct al to William T
Graves, 100 TT 1t IL, blk 49, ST Paul
~ Proper SIS, 0O1
William + Graves to John Casey ct
al, 80 TT 1t IL, blk 10, ST Paul Proper. Is. 600
Emma Mollers to Frank Novak lt?.
blk /, Mollers add. A5o
l Beaumont TO Christopher OLSON. Its
"a 5and 4; blk Z, resrr Highland Park; 5000
blk .. Grace's add 55n0
Cyrus Thilrston 10 Ross Clark Its 4
and s. suod blk Is. Lyman Dayton's.. 3.1OO
Sue NJ d Frye to Ada Geer, Its and 2,
blk l, plat 2. State Park $50
Total transfers ......S 74 5oO
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
SALTWATER NEWS.
Congressman Castle Not Seeking
the PeOple'S Party Nomination.


The Republican papers In this dis
trict have recently been commenting OIL
the action of Congressman Casll in
end avoring to secure the nomination
of the Peoples party. Mr.. Castle stated
yesterday to GLOBE representative
that there is absolutely nothing in the
story as published. and that he has i'm
no way endeavored to secure the nom
ination. If the Peoples party sees fit
TO nominate him in preference to any
other man he can do nothing to prevent
il, and will accept with good grace.
The report that Mr.. Castle will be I'M
able to carry his own county is slur
on him, and, Ill spite of everything that
has been said against him, he will carry
the county with larger majority this
year than he did two years ago.
Capt. w. u. Bronson Jr., of Company
K, has resigned from the service, and
his resignation was forwarded to regi-
mental headquarters at Minneapolis
yesterday. Capt. Bronson has been
identified with the company nearly ten
years, and was chosen captain a wear
ago. He has been all able officer. and
members of the company are sorry to
lose him, but his business affairs are
such as to prevent him from remaining
at the head of the company any longer.
The boys have had no time to decide
upon successor to Mr.. Bronson, but
present indications are that j. Nj. Kuhn.
formerly first lieutenant of the COM
pany, will be asked to take charge of
the company. Mr.. Kuhn is thorough
officer, and will meet with the hearty
cooperation of every member of the
company if he accepts the protfere
honor.
Mrs. 4. Summerfeldt yesterday
viewed the remains of the man killed
on the Central road near this city about
two months ago, and said that she
thought she could recognize the body as
that of her husband. Residents OF this
city, however, do not believe that it is
Summerfeldt, but think that the r.
mains are those of Louis Nekkeison, a
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03

woodsman who had been employed by
number OF local logging concerns.
The Dolphin arrived in port yester-
day from st. Louis. and will leave
today with consignment of lumber i'm
barges for j. E. Joy g. Co., of st. Louis.
The GlenmOnt left Thursday evening
with log raft for Laird, Norton d Co.,
Winona.
The Picketts, of st. Paul, and the
Newhampton, To-, base ball club play in
this city tomorrow.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
KNITTING THE ATCHIsON.
Rumor That Certain Lines Are
Combining Against 1t.

COftIUf1Tnr
CHICAGO, Sept. 2.-It is rumoIed that
certain transcontinental lines have or
ganiZed conspiracy against the Atchi-
son: The story goes that roads which
were forced into carrying large
amount of contract business to Denver
and back during the Knights Templar
cOnclave at the Atchison's $12 rouud-
trip rate are retaliating by diverting
from that road as much as possible of
tee Pacific coast travel. 1t is said that
the scheme is worked by collision with
brokers and the payment of excessive
commissions. The rumor probably has
no foundation. but the AtchisoD people
promise that, should it prove to be true.
they will carry their rate reforms to the
Pacific coast and make things lively for
their competitors in that territory.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
Chicago.

CHICAGO. Sept. 2.-Cattle-Receipts. I1GOO;
shipments $3.50: market steady to lower;
best natives, S5@1575; good and useful, Sl25@
SO; Others, S5.l0@1i l.; Texans, S,1O@
= 50: rangers. 81 90; COWS, S1.1 @o365.
Hogs-Receipts, 14,009 shipments, 5000:
market active. 1.@2'c higher; rough and
common, S4.75@4.95; mixed. S5l505. 35;
prime heavy and butchers weights, 500
500; light, S4.0J@15.2 %; grassers. $45C@4. IS.
SheeD-Receipts. 1000; shipments 900;
market dull. lower; natives, So h(515. 25;
Westerns, S4@4.35; Texans, So. tO@4. 40;
lambs, So. 2s@5. 60
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
Liverpool Markets.

LIVERPOOL, Sept. 2-Wheat steady; de-
mand improving: holders offer moderately;
No. California, is Gl2d@6s cd per Genital;
red Western spring. 6s tl.d@es lad; No. .
winter. 6s@6s "a: receipts for the pas three
days of wheat were pa 800 centalS, including
174.O9e American. Corn steaey; demand
poor; mixed Western, As I'd per GENITAL Re-
ceipts of American corn past three days
were 81, 500 centals. Peas Canadian, quiet
demand. Lard firm; 39s per cwt.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
Kansas City.

KANSAS CITY, Sept. Cattle - Receipts
1000; shipments, $500; good steers were
steers. S26t @l.s); cows, Si.4E@; IS; Texas
and Indian steers, 81 o. 40: stockers and
feeders, S275. Hogs-Receipts 1900; ship
ments. 100; the market was t@l0c higher on
Receipts, l,20J; shipments. 200: the market
was steady; muttons, S4.5e@lItO; lambs So 80
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
Toledo Grain.

TOLEDO. Sept. 2.-Wheat active, steadier;
No. cash and September, 7Gc; October.
7Gssc; December, 7gc: May, S47sc. Corn
dull, steady; No. cash. 4el2c. Oats dull;
cash, 33c. Rye dull; cash. 6 c. Cloverseed
active, steadier; prime cash. S. so; october,
S5.67l2. Receipts-Flour, 375 bbls; wheat,
$4,000 blu: corn. 5000 blu; oats, $40 bu; rye,
1908 blu. Shipments-Flour, 1850 bbls;
wheat, lis, 000 bu; rye, LOCO bu.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
FetPOlellnl.

NEW YORK Sept 1.-The petroleum mar
ket opened steady. and after narrow move
ment closed steady. Pennsylvania Oil-Spot
sales, 1900 at 53l2c; october option sales, S.
goo bbls: opening at 53Hc; closing at 55c
Lima Oil-No sales. Total sales. 5000 bbls.
PITTsBURG. Pa, Sept National Transit
certificates opened at 55c; closed at 55c;
highest, 55Lc; lowest soc
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
FINANCIAL.
New York.

NEW YORK, Sept. 2.-The conditions now
prevailing i'll the stock market are favorable
neiteer to an important rise or material de-
cline in prices 1t is well understood by this
time that the cholera was nothing but
frame upon which to hinge a temporary eX-
element, during the prevalence of which
the spectators who started the thing might
gain some temporary advantage in their op-
erations. At the same time the present con-
dltion of the money market is such that there
is little likelihood of any important move
ment being taken, and the continued export
of gold indicates that the end of the Euro
pean liquidation is not yet. The bears. how
ever, are still active aud aggressive.
There was distinctly easier feeling in
money, and with the dying away of the chol-
era scare the business done showed q marked
falling off, and the fluctuations of the gen.
cral list became very clrcumScribed. The
BEARS however, looking for vulnerable
spot, again lighted on the coalers. and, ac-
companying the circulation of a rumor of
another rate war among The coal stocks. great
pressure was brought 10 bear on all the lead
ing coal stocks. The trading in Reading ran
up to enormous figures, and all the others
were more active than usual, and the result
ant declines reached over per cent in Jer
sey Central and Delaware IL Hudson and
nearly2 per cent i'll La ckawanna and Read
ing. The effect on the general market was
very slight.
materially higher, with the leaders showing
gains of as much as ~ per cent, closed quiet
and heavy, with most stocks within small
fractions Of first prices. The final changes
are almost all small gains.
The Post SAYS: While high money rates
and the cholera are the nominal causes OF the
present demoralized condition of the market,
the real causes lie deeper i'll the inherent
condition of the market itself. There has for
month been a constant advance in the in
dustrials, and by sympathy III some railway
shares. The present scare is no doubt
purg1ng of prices. The curtain has been
lifted, and the real nature of operations has
been revealed. /. has shown a market filled
with stop orders of small margined holders,
and high level of prices that would not
seem to be warranted by actual conditions.
Small traders have taken the advice of few
prominent bull operators, and steadily
bought, although reaction was bound 10
follow. When the turn came there was an
indiscriminaie outpouring of the stock, and
the execution of the many stop orders only
accelerated the decline. 1t is dear expert
ence for large number of small traders. .
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
Nine Miles in Six Minutes,

BUFFALO, Sept. 2.-The first train
out on the Philadelphia & Reading road
left this morning, and mad the phenom-
email run of nine miles in six minutes.
The train consisted OF all engine and
two heavy passenger coaches, and all
through to Rochester the run averaged
a mile minute.