davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe., 1893-08-19
CUTTING DOWN WAGES.
WEY THE CHICAGO GREAT WESTERN
Stops zee CLOSED.
woRKMEN ARE. TO SUFFER.

Sliding Scales of Wages Adopted
by the Management-NoT Truth
III the Report OF the Consoii-
dation of the Northern Trans
continental Lines = Personal
Movements.
The Chicago Great Westerns shops
al South Park, which closed last Friday,
will be reopened Monday. The neces-
sity of making certain repairs was the
cause of the shutting down. In rela-
tion 10 the report that the boIlerinakers
of the road have refused to accept the
cut below the $3.50 per day rate. the
fact is not denied. The fact, however,
is that the men have taken 10 stand in
the matter, and just what they will do
remains to be seen. If they viii not
stand the reduction, the fact will be
evident Monday when the shops open.
1t is well known that the road ordered
a reduction in salaries the 18th of 10 per
cent on all salaries, from the chairman
of the directorate down. applying to all
classes excepting those receiving $40
per month and less. As The boiler
makers union has fixed scale, It's
attempt at resisting the diminuti0n III
their earnings is not at all unlikely.
What is true of the Chicago Great
Western boilermal ers is equally true 0f
those of the Great Northern. vino were
cut ID per cent Oh all salaries under
81 200
St. Paul daily globe., 1893-08-19
IVES OBJECT.
His Charges Made to Influence
Proxies,

BosToN, Aug. 1S.-The story of
sensational suit brought in Philadelphia
against four directors of the Northern
Pacific for malfeasance in Office was
shown today to one OF them, Edwin III.
Abbott.
This is all rot,'' said Mr.. Abbott.
emphatically, when he read the story.
ut is merely an attempt to influence
proxies at the coming election in OctO-
ber. The whole thing was threshed
over last winter"
Mr.. Abbott said this was all the work
of Brayton Ives, and that his charges
were all completely answered eight
months ago.
As TO the charge that the directors
bought for the Northern Pacific prop
critics in which they were personally in
terested, Mr.. Abbott said that when the
Wisconsin Central lines, with which he
Is connected, were leased. he was not
member of the Northern Pacific board.
and did not become SO for some months
afterward. When he did 20 in it was
for the reason that an interest repre-
sentlng about thousand miles of road
ought TO have some one in the board to
look after its interests.
"Mr. Ives charges are grOundless,
and have beeu SO adjudicated in the
United States circuit court by Hon.
W alter q. Gresham, then United States
circuit judge, and his only object is to
influence proxies"
St. Paul daily globe., 1893-08-19
----------'----------
MINNEAPOLIS.
Clla Inber OF Conllnerce,

Wheat futures were lower, with only
a small trade. Foreign markets were
weak and offered no encouragement for
better prices. ClearanceS were not as
large as usual for the day. The amount
exported in the past five days, however,
was large, the flour and wheat together
making a total equal to 3,12G, 900 bu
of wheat. Late cable quoted London
and Liverpool depressed on wheat. Ad-
vices from Washington said that the
senate finance committee would report
to the senate with the least possible de-
lay Il bill for the unconditional repeal
of the purchase clause of the Sherman
act. Wheat ranged as follows:
August. closing, 6I4c; September,
opening, 5j1sc; highest. 5535 @551 &c;
lowest, 5412c; closing, 5412c; December,
opening, 62%%ss(162s1c; highest, 63c: low
est. 6215c; closing, 624c.
On Irack-No. l hard. SOC: No. /
northern, SIC; new, soc; No. 2 northern,
55c: new, 53c.
FLOUR AND COARSE GRAIN.
Flour-Receipts, PSI bbls; shipments,
35,0S3 bbls. Quoted at So. 40(03.70 for
first patents, So. 15(13.40 for second pat
ents, Sl.90@2.40 for fancy and export
bakers, $l.10CQl.45 for low grades iu
bags. including red dog.
DIAN anu nC IOE
bran is quite dull, but holders are a
little stiff. Quoted at $9.250l9.5 90 in bulk :;
shorts, S9.25(@10.50 per ton.
Corn-Receipts, 2,760 bu; shipments,
none: corn is somewhat easier, with
no sales.
Oats-Receipts. $500 bu; shipments,
$50 bu. Demand slow. See sales ali
other grades.
Barley-Reeeipts, none: shipments,
none. The season is about over for
barley. except for feed purposes. See
sales.
Rye = Receipts, none; shipments,
none; sold for Ace f. o. b.
Feed-Millers hold at S14014.75 per
ton; less than car lots, Sl50l5.50; with
corn meal, $13.50@14; granulated meal.
S1S(019. Probably higher, but not fixed.
Hay-Receipts. 10 tons; shipments.
10 tons. Receipts continue light, with a
fair demand for choice upland. II. Ii.
King IL Go. report prices at S6-50Ql1 per
ton for choice. Minnesota upland sold
at $3.50 yesterday. Sales are cOufned ell
tirely to the retail trade. Rye straw is
coming in and sells at S5(l6 per ton.
Some Sample SaieS-NO. northern,
Il ears, 5Sc; No. northern, cars, new,
56c; No. northern. 5 cars, 5719c; No.
northern, l car, new, 5615c; No
northern, car, 5eII9c; No. northern, l
car. soc; No. 2 northern. ears, 56e:
No. 2 northern, 5 cars, 56IIc; No. s
wheat, car, soc; No. wheat, | car,
53c: rejected wheat, | car old 46c
St. Paul daily globe., 1893-08-19
REVIEW OF TRADE.
R. G.. Ds,n 81 Co.'S Statement of
Business, COudi1ionS

New YORK, Aug. IS -R. G. Dun &
Co.'S weekly review of trade: There is
a rift i'll the clouds. Faint and yet def
mite signs of improvement are ali the
better because they come, not from pos
ssbly deluSive hopes or from momentary
foreign aid, but from the good sense
and the wonderful recuperatiye power
of the people themselves. Busl-
ness is trying to go ahead without
waiting for Washington. Imported
gold, S9.0D0,000 or more during the
week, does not go to the right spot. but
the people are creating a home made
currency for themselves by using cprti
tied checks In paying hands, settling
local accounts. and purchasing grain
and cotton. Little money comes back
as yet from timid boards, and the
paralysis Of exchange is nearly as com
plete as ever. but that very fact pushes
each section and city into relying more
on itself, and less on government and
Wall street. Assumptions are now be-
coming somewhat frequent. and in the
very shrinkage of production men see
evidence that demand must soon over
take supply.
Pig iron does not rally. bur sells at Sl4
here and Sf3 at PitIsburg for No. |.
though the weekly output has been re
duced 46 per cent since May last.
St. Paul daily globe., 1893-08-19

Though FIVE concerns have failed and
twenty-four stopped during the week,
Iourteen have resumed. With such
shrlnkage in the great industries it is
surprising that railroad earnings do not
decline more, the decrease on roads re-
porting i'll August thus far being is
per cent. The decrease of % per
cent III clearings outside New York
last week and 80 per cent this week is
only natural. A little more money is
now found for commercial loans, and
failures of banks have become both less
important and less frequent, though the
greatest caution is shown in accommo-
datl0n5. The receiyership for the North
ern Pacific had been so fully discounted
that 1t produced little effect, though
this is the third great railroad default
this year. and the aggregate stocks and
bonds of the three roads amount to
s650,000.000. Prices of securities have
yielded comparatively little. Cotton
fell quarter of cent, with somewhat
better reports of probable yields. Wheat
drags near the lowest figures ever
known, III spite of the decrease i'll the
visible supply, for though Western re-
ceipts are not large, stocks on hand are
far beyond the power OF spectators to
carry with money markets in their
present condition. The movement OF
corn is decidedly large, with crop pros
poets improving
Important relief comes from the
abatement of the drain upon savings
banks. and of the demand upon other
banks for currency to be used in paying
hands in this and adjacent states.
The commercial failures this week
number 455 in the United States against
1872 for the same week last year, and 27
in Canada against % last year. Two OF
the failures were of firms employing
over Sl,00O,000 capital each: twelve
others were employing each over $780,.
0O9, and ninety-two were firms of OveE
$1,000 capital
St. Paul daily globe., 1893-08-19

quiet. Cottonseed oil quiet, steady.
Petroleum flrmer, quiet; United, soc
bid. Rosin dull, easy. Turpentine dull,
steady. Rice firm, fair demand. Mo-
lasses-NeW Orleans open kettle,
good to choice, dull, steady.
Coffee-OptiOns opened barely steady
at l0(925 points lower and closed steady,
but quiet. Warehouse deliveries were
still small. Havre was irregular, Lon
don declined and Hamburg advanced.
The Rio and Santos markets were weak.
Sales, 25,2 $50 bags. including: September,
14.55@l4.70c; October, 14.55@14.7 roc; No
vember, IA; 50@14.55e; December. Ia 6Oc; /;
March, 14.4O@14.4oc; May. 143Oc.
Rlo on the spot was quiet,
but steady at 1870 for No. z.
Sugar-Raw quiet. fair demand. Pig
iron steady. dull; s12.75@15.5O. Copper
steady; lake. s9.65; Lead quiet; do
nestle, SS.3712. Tin strong; straits.
$3.50 bid; plates steady, dull; spelter
easy; domestic, $3.70; on exchange sales,
IL tons; spot tin at $3.50; so tons b. o..
August C, s1S so, and 25 tons October at
S1925.
St. Paul daily globe., 1893-08-19
ALONG THE LINES.

The Earl of Ava, of England. Hans
Olsen, correspondent of the German
Press Association, Frankfort-on-ihe-
Main. and DR.. Lyman and party Of ten.
from Honolulu. were some of the prom
inent foreigners making the tour of
Yellowstone Park yesterday.
The following went out over the Mil
waukee last night for Chicago: Z. O.
Stone. Miss NJ. Beach, Mr.. BobelbOcher,
Mr.. Bangs, J. Smith, Mrs. Hood, Mr..
West. g. j. Camp, j. NJ. Barnes, Mr..
Hoyt and family.
Howard j. Ball. the general Western
passenger agent, and Phil p. Hitchcock,
the travelling passenger agent. of the
Delaware, Lackawanna & Western,
were among the tranSientS in ST. Paul
yesterday.
Chief Clerk Miller. of the general
freight Office Of the st. Paul Il Duluth
road. accompanied by Mrs. Miller. left
for Chicago last night for short vaca-
ton.
President Marvin Hughitt, of the Chi
cagO IL Northwestern, was in st. Paul
yesterday Ell route for Eidridge, n. d.,
where he will hunt prairie chickens.
Among outside Northern Pacific Of
ficialS in the city yesterday was Assist
with headquarters at Tacoma.
After three weeks sojourn at Du-
luth and West Superior, j. Z. Hull.
Northwestern passenger agent of the
Lake Shore, has returned.
General Passenger a gent j. C. Pond, of
the Wisconsin Central line. with head
quarters at Chicago, was in the city
yesterday.
Alex Tinling, general agent of the
Northern Pacific at Spokane, was in st.
Paul yesterday en- route for the worlds
fair.
ID. c. Jones, assistant general freight
agent of tine Milwaukee, returned from
Chicago yesterday.
General Manager Kendrick, of the
Northern Pacific, returned from the
East last night.
Robert RantOul, of the Northern Pa.
cific, will return to the worlds fair on
Monday.
Judge Chandler. of the Milwaukee. is
confined at home with slight indispo
sition.
St. Paul daily globe., 1893-08-19
Union Stock Yards.

Receipts-HogS, 274; cattle, 42;
calves, 4; sheep, 10.
Hogs = 15c lower Several more
bnnches were on the market today than
for day or two past, and one packer
cleared the pens, at S4.75Qe4s5. Quality
fair.
Cattle Firm. Better demand for good
butcher cattle, and best grades were
stronger. Receipts of good killing
grades have not been equal to the de-
mand this week, and more butcher stuff
could be readily disposed of. Gamers
dull.
Quotations: Prime steers, 81. .15@3. .25;
good steers. S2.50@3; prime cows,
g 2.25t02.15 good cows. sl.75G02. %; COM
mon to far cows, 75c0Sl.5O; light veal
calves. $S@4; heavy calves. s1.25@2. so;
stockers, Sl.25(G175; feeders. $l.75@
2.25; bulls, sl.25@i.75.
Sheep-Steady. Fair muttons solo aa
S3.25.
St. Paul daily globe., 1893-08-19

lgence that these great lines are soon
to be merged under one management,
and that The genius of }. J. Hill and Re-
ceiver Oakes is now being blended in
preliminaries looking toward such con-
s0lidatiou This welding of interests. it
is reported, is i'll the interest of economy.
Snch is the substance Of the telegram as
published yesterday morning. IncIe-
dulity greeted the report at the North
ern Pacific general offices yesterday,
and Assistant General Manager Pearce.
speaking in the absence of General
Manager Kendrick, had heard nothing
officially of such consolidation. At the
Great Northern offices the rumor was
treated lightly and with some degree OF
amusement. There was one individual,
however, who intimated that he had
heard that the contingency was not I'M
likely TO happen under certain circum-
stances, thought the combination un-
Questionably gOod one. and the two
could make matters hot for all COM
petit0rs.
St. Paul daily globe., 1893-08-19
FINANCIAL.
New York.

NEW YORK, Aug. 1S.-The markets
for securities were extremely dull again
today. The sales of stocks footed up
account was probably higher than on
any previous day for weeks and months
past. Less than half dozen stocks
showed important fluctuations. aud in
these instances the movements were
most erratic. General Electric dropped
IL to 373!. rose to 3915, broke to 3715,
rallied to S94 and closed at $685. Man
haitian showed a net loss of 2 per cent
and Lake Shore and Northwestern
about l per cent, while DiStillerS gained
l and Lackawanna and Rock Island
= to %. During the afternoon the
heavy arrivals of gold. the announce
ment of further engagements for ship
ment 10 this side and Washington adj
vices that the silver question would be
brought up for discussion in the senate
OH Tuesday next, led to rally in the
market, but the bears sold at the higher
range of quotations, and reaction ell
sued at the close. Speculation left off
generally weak in tone. There is a
very general indisDosition to operate
pending definite information In regard
to silver legislation. and even the pro-
leSSiOudl tIdutlS are lOSiiS iiiLeTcSb III
the market. General Electric was
traded in to the extent of $500 shares.
No other stock figured for as much as
10000. and at intervals the market was
positively neglected.
Railway and miscellaneous bonds
were weak; Canada Southern 2ds fell 5,
to 95; Chesapeake 81 Ohio. Richmond u
Allegheny cOnsolS 80, to 7015; Consum-
erS' Gas of Chicago lists 5, TO Is; Cleve-
land, Cincinnati IL Chicago lists 3, to
l0S; Ontario & Western consols 5s 4. to
971a; Pittsburg q Western Is 2, to rs;
st. Louis d San Francisco Consolidated
4s AZ, to 494; Manitoba & Montana Ex-
tension As 3, to 70; Union Pacific lists of
1897 2, to 100. and Savannah IL Western
lists Trust receipts AZ. to 354. Ameri-
can Dock 5s rose 2, to 102; Northern
Pacific 2s 3, to S5: the sales were $685.
600.
Misunderstanding
St. Paul daily globe., 1893-08-19
Duluth Wlseat.

Special to the Globe.
DULUTH, Aug. IS. Wheat opened
easy at decline of 14e from yesterdays
close. 1t ruled easy, with declining
tendencies. to the close. which was
weak, but steady. at a decline of 1c for
the day. September opened 4c lower
at 5Ss4c, declined steady under fair
trading to 5Sc, where it closed. Cash
wheat and wheat to arrive was in ex-
cellent demand, millers and shippers
being free buyers. taking all offerings
of spot stuff. Wheat TO arrive COM
'manded premium at one time during
the session of Ic over wheat for Sep
tember delivery. Close: No. hard,
cash, August, 6O19c; September. Gle !;
No. northern, cash, August, SIZE:
September, 5Se; December, 66e; to ar
rive, 5s15c; No. 2, 5411ac; No. 3. 1890;
rejected, 3919c.
St. Paul daily globe., 1893-08-19
CUT CONFIRMED.
Reported Reduction of Northern
Pacific Salaries Verified.

Reported Reduction of Northern
Pacific Salaries Verified.
Every official and employe of the
Northern Pacific in st. Paul and Mime
apolis read with interest the dispatches
from New YORK as published yesterday
morning, that the receivers Of the road
mad ordered reduction in salaries.
Late yesterday afternoon inquiry
was made and the cut officially
confirmed. Said one official. who dis
likes press notorietv, and for that rea-
son his name is omitted: There is no
secret about the matter: it is absolutely
true. | think every official and en-
ploye looks with loyal affection TO the
old road which has furnished SO many
OF them with livelihood, and now that
financial depression has come over it,
will gracefully accept the inevitable
and trust that better time will come
by and by. The general sentiment is to
stand by the road with loyal devotion.
Now as TO the amount of the reduction.
| can fully confirm the statement that
salaries have been reduced on the fol-
lowing basis: $1,000 to $1,000, 10 per
cent; $1,000 up to $4,000, ID per cent:
$4,000 and over, 20 per cent,
St. Paul daily globe., 1893-08-19
WORLDS FAIR TICKETS.
Grand Army Men May Use Them
-Transcontinenta Rates Cut

CHICAGO, Aug. 1S.-At today's meet.
ing of the Western Passenger associa-
ton it was decided to sell to the visitors
to the Grand Army encampment at
indianapolis the regular worlds fair
excursion tickets to Chicago, and with
them an extension ticket between st.
Louis or Chicago and indianapolis. The
business will be handled in all respects
exactly as the worlds fair travel. The
council OF administration of the worlds
fair mas requested of the Central Traffic
and Western Passenger associations
that ali the worlds fair excursion tick
cts have on them coupon emitting the
holder to admission to the fair. The fair
people will then collect of the roads SO
cents for every such coupon taken in at
the gates. The matter will be cOnSid
cred within short time, but the senti
ment of the roads is rather against it, as
II makes extra work for them, with no
return in cash.
that OH next Sunday it would put in
effect S25 tirst-cIass rate from all
Missouri river points between Kansas
City and Sioux City 10 Butte. Helena,
Portland and Spokane. The second
class fare will be put at SIS. The same
first-class rate will apply east-bound,
but there will be no secOnd-claS5 east
bound rate. The California rate COM
mlttee has submitted proposition to
the Western roads 10 make SO selling
and 500 basing rate from California to
the Missouri river. This would mean a
rate TO Chicago of tritie under $50.
The Central Traffic association has
announced that for the Grand Army
encampment open round-trip tickets
may be sold at one cent per mile Sept.
,. 3 and from all points in Central
Traffic territory, and on Sept. 5 from
points within radius of $50 miles of In
dlanapolis, TO be good gong only on date
of sale, and good returning not later
than Sept. l6 No stopovers are allowed
OH any 0f The tickets.
St. Paul daily globe., 1893-08-19

is stamped in the best watch
cases made. 1t is the trade
mark of the Acysloae WatrI
Case Combamy, OF Philadelphia.
the Oldest, largest and best
known factory in the world
1900 employees, capacity 1000
cases daily. Its products arr
sold by all jewelers.. 1t makes
the celebrated jas. Boss F1lle(
Watrh Cases, now fitted witt
the only bow (ring) which can
not be pulled off the case-the
St. Paul daily globe., 1893-08-19
THESE QUOTATIONS
Are Furnished by
JAMESON, HEvEAER & co.,
st. Paul Grain Market.
Commission Mehrcant St. Paul.

Wheat-Cash wheat was dull; No.
hard, GOOGLE: No. northern, 5s(059c;
No. northern, 56@57c.
but prices are hrm at slight advance:
No. 3. 36(@36c; No. 8 yellow, 37@3Sc.
Oats-'rhere is good local as well as
shipping demand for old oats, but the
receipts the past few days have been
mostly new; No. 3 white, 2S@29c; old
No. 8, 27@2Sc, with new oats selling
about &c less.
Rye No. 2, 40{04lc.
Flour-The flour market is dull. but
on account of the late advance IN wheat
prices are held firm. Patent, g. 500
$50; straight, $3(93.50; bakers, S2.20(@
2.40; rye, s2.50@3; bOlted corn meal,
50. 1O@2.2O.
Ground Feed-No. /, sl475.9l5.25; No.
St. Paul daily globe., 1893-08-19
The "Stamn Act,
New Freight Tariff.

The Ogden Transit company has put
Into effect tariff on merchandise, eff
fective Aug IL, from Chicago and Mil
waukee to all points in New England
and Northern New York. the rates
applying are. first class, SIC; second,
5Sc; third. 45c; fourth, 34c; fifth. 2Sc;
sixth excepting grain in bulk). 1915c;
rags and paper stock, waste ami scrap
paper. machine compressed, 23c. The
rates named to Ogdensburg, n. Y, are,
first class. soc; second, 45c: third, 35c;
fourth, 25c; fifth, 2lc; sixth. 1Sc.
St. Paul daily globe., 1893-08-19
New York Money.

NEW YORK, Aug. 1s.-Money on call
easy at 3@5 per cent. last loan at 3, and
closing offered at 8. Prime mercantile
paper, 8(@l2 per cent. Sterling exchange
firm, with actual business in bankers
bills at S4.S271594. SO for sixty days. and
81 S611l004S 81 for demand. Commercial
bills, S4.S1@4.S6. Silver certificates NOM
inally higher; the quotation is 1870
bid, 74c asked. The total sales of stocks
today were $4,000 shares, including:
Burlington & Quincy, $500; Chicago
Gas, 5.400; Distilling. 1900; General
Electric, 1920; Manhattan Consoli-
dated. 5000; Northern Pacific, $500;
Northwestern, $500; st. Paul. 1900;
Sugar, 1900; Western Union, 5000.
St. Paul daily globe., 1893-08-19
Low Rates for Tight Times.

Commencing July a. and continuing
until Sept. l, the 500 Line will sell
round-trip tickets, Mondays, Wednes-
days and Fridays, good to return ten
days from date OF sale, from st. Paul
and Minneapolis to Mackinae Island. as
the very low rate OF $40 for the round
trip. and Chicago, $40. A special sleeper
to Mackinac will be attached to the
atlantic Limited" on above days,
making direct connections with steam
ers for Chicago. Everybody should
avail themselves of these low rates.
St. Paul daily globe., 1893-08-19
ChicA%O.

CHICAGO. Aug. 1S.-Cattle- Receipts,
$500; shipments, $500; market slow,
lOc lower: best natives, $4.15@4.90; good
to choice S4.2504.70; others. 81. SOGl3. 30;
Texans, S2.25G12.75; Westerns, S2.50@
4.l0; cows, 81. 1O(02.S5.
Hogs - Receipts. $4,000; shipments,
100; opened 159aOc lower; closed 25@
Soc lower: common rough heavy, S4.25
(@4.60; good packing, S4.75@4.90; prime
heavy. S5@5.10; butchers, So. 10@5.25;
light, S5.200l5.75 10.
SheeD-Receipts 5000: shipments.
$50; market steady; natives, 81. 75(e4;
Westerns, S2.S093.50; Texans, S2.60(l3.