davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1896-11-25
Central Pacific Railroad Co.
FIRST MICE. GOLD BONDS.
Office of the Central Pacific Railroad Co"

New York. Nov q. 1896.
This company has made arrangements TO extend Its
81 7 900 First Mortgage Bonds maturing Jan. l. 1871
wear from that date VIZ: On January l. 1885, with In
teres, meanwhile payable seml-annIay January and
July l. at the rate per annum Principal and
Interest payable In United States Gold Coin.
The right Is reserved redeem the Bonds so extended
AT any time on paying the Bondhoders the par or race
voIe OF the Bonds and thereon az the rate OF
q per cent, per annum from January l. 1897, In United
States Gold Coin less such interest accrued subsequent
90 ,ha date az may have been paid thereon before such
redemption thereof
The right Of the Bondholders. 70 avail themselves or
such extension has been reserved to such holders as
\pRIOR TO DEC. 18TH. 1896. shall! deposit their
Bonds FOR that purpose with MEssRs. sPEl I'm
60 New York, or with MESSRS. sPEfEh
HROTHERs London. MIR. LAZ: SPEfER
EIJIsSEN. Frankfort ON VAIN. or MEss"s'
TEIXEIRA DE MATTOS BROTHERS. Amster-
dam.
The extended Bonds will be stamped to snow he tx
tension and new Coupon Sheets will be annexed repre-
senting future Interest
cop,es Of the Extension Agreement can be obtained a.,
the comusnv's O.ice and the Office OF the Bankers
above me1tionsd ,
The nresent extension Is made TO the date OF ma'"ri'!
q, the iaies, maturing Central Pacific First Mortgage
o,5. on or before which date the Company eXpecs 10
.ra,ye a long of the entire First Mor'sage
hsue. , ,,,.,.r,rcrox Vice President
New-York tribune., 1896-11-25
,,,.poprAN FINANCIAL MARKETS.

~, o. D. m.-Consos Ill. for money
'na2n ,r the account: Canadian Pacific; 1n. s;tle
sas oH Gp Ordinary az Paul a M MesSan
Central nst. .. tnnds ris; Louisville nn1 Nashville
Ssnr" ,shison common 49, Mens h"b rSI sbni and
o-.t' Account in the open Market 10Y NV" ' ~
nv. ,,onths' bills Is 3 per conf ,,o, oo marks "a
three n1o"nr .-Eyctnnge on ioninh :" i'n..' ,,p
Berlin. Hoy Ioh, and 20 marks ls's pfenninrs io'
dn
New-York tribune., 1896-11-25
flnaucial.
NORTHERN PACIFIC RAILROAD co.
NOTICE OF REDEMPTION OF RECEIVERS
CERTIFICATES.

To the Holders of the Certificates Of the Re-
ccivers of the Northern Pacific Railroad
C0mpanys
Notice hereby given that pursuant to the decree OF
United States Circuit Court for the Eastern District OF
Wisconsin tn. right TO redeem and pay said certificates
before maturity by the said Court and all OF
certificates outstanding will be redeemed and
paid on the 9TH DAY OF DECEMBER. 1890. at
the Office of The Mercantile Trust Company OF the City
Of New-York In said city. at the sum Of ONE THOU
SAND AND TEN DOLLARS and accrued interest to
date sor certificate under end In accordance
wifi the provisions OF the decree OF said Court authorizing
,ad ssc of certaes and thereof requested
TO surrender the for redemption and payment at SAID
time and place.
Under said !nteres. all said certificates sna
cease ana deermn. the said date. and the coupons
representing the interest ON that date shall thehceior
and forever be void and OF no force or enect.
New-York November 4th. 1896
THE MERCANTILE Trust COMPANY.
ax EITZGERAIzD. Presaent.
New-York tribune., 1896-11-25
STOCKS RULED HIGHER.
RETTER LONDON MARKET.
errRLING EXCHANGE EASIER-BONDS
AND MONEY.

Gales AT THE STOCK EXCHANGE NOVEMBER 25
DEALINGS IN BONDS AND BANK STOCKS.
New-York tribune., 1896-11-25

BONDs-THE MONEY MARKET.
Sales of Government bonds were 5000 regis,
common Is of 1925 at 11ys4 and 100000 at 1191s.
Final quotations follow:
MA
New-York tribune., 1896-11-25

THE PENNSYLVANIA RAILROAD COMPANY.
A Philadelphia. Nov. q ls06
-uyUE BOARD OF DIRECTORS has this day
i declared q SEMI-ANNUAL DIVIDEND Of
TWO AND oNE-HALF PER CENT.
Ol.20 per Share)
non the Capital Stock OF the Company payable and
assr November 3O 1885, to shareholders az registered
non the books Of the Company at p NJ. October 81.
1896. -. l.. curo,,w
CiiEOtIES will he mailed to sharehoiders VINO heve
o,.d psrmsnsnt Dividend Orders at this once.
~ ROBT w. SMITH. Treasurer
New-York tribune., 1896-11-25

In state issues there were sales OF Sl'o~
louisiana consol Is at 98.
u.uwav bonds were irregular Without ma.
...ssi ctsnee in price from yestefoeye quota
s scrs.' a. chanses varo RnnAxaily ANAL fssA-
New-York tribune., 1896-11-25
TO THE HOLDERS OF
PHILADELPHIA AND READING
RAILROAD COMPANY'S

General Mortgage bonds.
First, second. and Third Preference Income
Bonds. Deferred Income Bonds.
STOCK.
NEW YORK. PHILADELPHIA. AND LONDON
November G. 1880.
Referring 70 our circular Of May o. 1926. notice Is
hereby given that after November 28 1896 no further de
posits CT the sbovedescrbod bonds and stocks VIII DO
received under the plan Of reorganization.
Deposits will be received up TO that Nte. but only on
payn.n, OF the assessments full. with six per cent
interest from the dates when the several instruments
wer. due ard payable. and penalty OF
5000 per 5000 General Mortsas, Bond and Frs,
Second or Third Pf-fsrrnce Income Mortgage Bond;
800 per share of Stock
60 per 81. 900 Deferred Income Bond.
j. II. MORGAN 4 CO..
% Wall Street New York.
DRENEI. 4 CO.,
9Th and Chestnut SITS. Philadelphia. Pa.
j. -. MORGAN 4 CO.,
% Old Broad Street London.
New-York tribune., 1896-11-25

. rvrprrsrNENrs and subscriptions for The Trip
A une received at their Uptown 0frec No 242 Brosd
a. mi, r,crivcd at following branch ofnces at
resuisr once rates until o'clock NJ VIA; e. stn
cor c3d-s St: 1872 Gth-ave.. cor. 1Zth- 81; MACY =
and i4th-s +2 Columbus ave near Wess o0'n-
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01

by some one identified with that par
ticular interest, for surely a lawyer
cannot comprehend the needs Of the
wholesale trade as well as q member
of the Jobbers' union. But it seems
to me that, as St. Paul is essentially
commercial city, the prosperity of its
business men means the prosperity of
the whole community The active cir
culation of money, as every one knows,
is the life and soul OF business. Ger
tainly man must haYe money before
he can spend it But St. Paul, despite
the panic and the collapse of the real
estate boom, is in nowise destitute Of
wealth. Rich men are not lacking. and
generous men have. expended their
means freely for the city's benefit.
On the other hand, the prudent con-
servatism Of influential leaders have
brought 1t about that St. Paul has es-
capped a permanent backset from the
adverse conditions Of the last few
years. The trade Of the city was fort
unately not based upon balloon foun-
dalton. and the integrity and caution
of its wealthy merchants has not only
been a protection and benefit to the
entire Northwest, but they have en-
high financial credit. Nevertheless,
even a virtue may be over cultivated,
with the best intentions, and that pru-
dence and cautious suspicion which is
Of marked value to a community dur
ing times of speculation and imitation.
and which Is equally valuable during
the subsequent disasters of a national
panic, may be detrimental to a prompt
recovery Of business at a time when
liberal encouragement is needed by al
most every business man. This is the
period of recuperation when the in
valid Of commerce must be urged back
into full vigor by generous, stimu-
lating diet.
Thus I believe that the business in
terests CT St. Paul require more atten-
ton than anything else during the
coming year, and to encourage bust
ness the money possessed by the city's
wealthy citizens should be expended
not recklessly, but with rational gen.
erosity, SO that new industries may be
inaugurated and prudent extensions
be made to industries already well
founded. There is time for economy
Of the most stringent sort, but the
time for prudent enterprise is when
false values have been annihilated by
a commercial depression, and when
enterprises may be launched upon a.
known and conservative basis.
~
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
What Should St. Paul Do in 1896 :?

A new year has begun. The state
ment is not so impressive as it looks,
for the same thing has happened be-
fore. 1t is more than likely to occur
again. The time may come, however,
when, as some contend, the pig-tailed
hordeS will overrun the world, and
America will abandon it's New Years
with its fork. Then good resolutions
will not be made at the depressing pc
riod of the winter solstice, when the
smoking Of cigarettes looks like homi-
eide, and milliner's bill like the record
of month at Monte Carlo. With chop
sticks de rigueur. the year will bios
som forth under the inspiriting SUM-
Shine of early spring, mankind will be
aess appalled, at it's own inevitable
faults, and resolutions will be kept as
well as made. The enlightened Yankee
will join his "r"-less conquerors in
performing one praiseworthy act be-
fore he resolves to perform a hundred.
He will not swear to be less extrava-
giant, as st. Paul did last night, but
he will pay his outstanding debts, as
Shanghai did last spring.
Yet, while the Monroe doctrine is as
triumphant as was once 1.-The senate
and. the Roman people," and while
shrinking millions of Confucian foes
are minus naughts before the geomet-
rical progression Of Japanese impor-
tance, the melancholy features of the
Happy New Year can be nationally
ameliorated, If necessarily endured.
Today must remain a time for citizens
to arrange events beyond the control Of
man.
Doubtless community can follow
The example Of it's component citizens
and decide Jan. 1 what 1t ought to do
before Dec. 81. A city can all the more
enjoy its sage resolves because, in case
Of failure, the responsibility is always
on the other citizen. 1t is, neverthe-
less, desirable that the opinions of
various influential citizens should set
forth different objects deserving of the
city's special attention during the COM
ing year The energies Of commu-
nifty are divergent, contradictory, and
are slow to unite upon common field
of effort. The leaders Of 1895 must, in
the main, be the leaders of 1896. Much
practical value lies, therefore, in the
subjoined hints from men who have
made identical their own prosperity
and the prosperity of st. Paul. A
widespread assent will doubtless be
given to more than one of the sugges-
lions received by the G o b in an
swer to the question. What should st.
Paul do in 1902
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01

OF the emolumeEts pertaining thereto.
AT any rate. they have permitted en-
tries to be made freely on former swamp
lands which, though since drained, have
not forfeited their state ownership.
and, In one case. land office officials
even permitted an entry to be made on
land which was patented to the state.
In Bishops. case, the secretary of the
interior holds to his ruling that evil
dence as to the condition of the land
must apply not to it's present condition,
but to that in which 1t was at the time
OF the passage Of the swamp land act.
The fact that in draining adjacent
property, the water may have been
taken from the state tracts also does
not affect the ownership, and the max
ing known of this state Of facts ought
to result in a diminution of the number
of such entries allowed by land officials.
If this results, 1T will consequently
minimize the work which has been en-
tailed upon the state auditors depart
ment in contesting claims filed by later
corners.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01

Their professional studies and expert
ence before assuming their present
offices give them no special faculties
for an infallfbly wise disbursement Of
public money. It is no inputation on
their professional standing that a COM
mittee composed of business men hay
ing in the aggregate very wide and
diversified business experience behind
them, should be able to suggest, after
many days Of conscientious investiga-
ton, some possibilities Of economy in
these departments. And the friends
Of these gentlemen have no right to
assume that those suggestions were
based on personal antagonism, or in
volved any criticism Of past methods.
The more that report is studied, the
more our people will approve of it. ]
can suggest at present no more certain
method of advancing the interests Of
ST. Paul than for every intelligent citi-
zen to secure a copy Of that report
study it diligently, verify it's state
ments, If he doubts any of them, ae-
cept its conclusions SO far as he con-
scientiously can, and go to work Wig
orously to secure their adoption by the
present city council SO far as the rem
edies lie within its Jurisdiction. Then
keep these things In mind, and con-
stantly freshen them up by discussion
and comparison until the time comes
for nominating members of the legis
iature. Let our next legislative dele
gates be committed to platforms which
Will carry out these recommendations.
Not only that, but see that men are
elected who can be relied on to fulfill
their pledges. If these things are done
a long step will be taken to assure the
immediate and permanent prosperity
Of the city Of st. Paul.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
DANIEL r. MOVES, of Noyes Bros. & Cut.
Ter, Wholesale Drpgg lists.

Ter, Wholesale Drpgg lists.
What St. Paul Needs for 1S96-A large
and wide subject Some of our needs
are very apparent-others, equally real,
are much less so. Every city needs
good citizens and their needs are the
real needs of the city
ST owe st. Paul nothing. I can take
my interests away at any time" has
more than once been the disloyal utter
Rnce of men whose whole success in
life has been here.
Do we not all owe something to the
city of our home and business? I
think we do. Thought and effort for
her good government and welfare. Gen.
erous aid in all that tends to her best
developments. We are citizens of mo
mean city," but of one whose beauty
and healthfulness are unsurpassed,
whose growth and prosperity have
been phenomenal, whose situation and
Facilities, wisely comprehended and
made use Of, should long continue her
as the most important commercial city
of the Northwest. We need good men,
our best, to take municipal office, for
our city government has not at all
times been all it should have been.
Just now economy in administrat ton,
retrenchment, reform, are not only the
outcry, but the order of the day.
Let us not however, in our zeal for re-
trenchment forget that wise expendi-
ture-fair pay for competent service
In engineering and education, for in
stance, are better than undue reduc-
kion in essential matters.
We must need to look on the bright
Bide of things municipal, as well as
personal and see and approve all that
is good, while we condemn that which
Is evil. Confidence as we'll as loyalty
Is needed for our city's best development
and real confidence must be we'll based.
Does st. Paul at this time offer such
ground for confidence in it's future?
fully believe that it does. No city of
Its size and Importance in our coun-
try, is sounder financially, more pros
porous in business, or gives better as
Eurance of forward movement-when
1.-THE wind turns"-than our own fair
city.
Our banks, our jobbers, our large re-
Rail dealers are all prosperous. The
railroads centering here again show
STEADY ana marked increase OF income.
Our manufacturers and small dealers
have not seen daylight" yet, and our
real estate men are still in the dark as
Ito customers and to some extent as to
values, but I fully believe that meas
E1re of general prosperity is not so far
off as some some seem to think, and
sure to come.
Until real estate has again it's rec
pgnized transfer value, and takes it's
true place as basis of credit, there
can be- in my judgment, no general
and full prosperity! We need patience,
inspired by loyalty, and based on con-
iddence. A patience not represented by
folded hands, and mere waiting, but
patience in doing what we can now,
even if but little, and doing a little
more later, and continually. st. Paul
needs some gain every year, far more
than a great gain some years. I fully
believe that we are gaining more than
The last census shows, or our citizens
are conscious of, not rapidly or largely,
but on the whole steadily gaining!
I; There are many material things our
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
a IN
AQuAIAyd
=-
RICHARDS GORDON, of Gordon Fergp-
sou, Wholesale Hatters ard Fprriers.

One of the most urgent needs is a
grain market. The farming trade trib-
utary to st. Paul is almost entirely
diverted, owing to the absence Of reg
ular buyers at current market price,
for wheat and other produce. Farmers
will trade where they can sell, and If
obliged to take their produce elsewhere
the retail business Of ST. Paul suffers.
The inference is plain, but the remedy
is not SO apparent We ought to be
able to maintain a market to which
the producer could at any and all
times resort, with the assurance that
he can obtain the highest current price
for anything he has to sell. How such
a market can be established and main
tanned I do not feel able to suggest,
but think it a matter worthy of serious
consideration.
The reduction Of municipal expenses
is move in the right direction, and
should be followed by thorough and
equitable reduction in the assessed val
ues of real estate. The situation should
be faced squarely and honestly. 1t
will be much better fer our future
prosperity to take an honest and fair
account of assets than to deceive our
selves with fictitious values. The re-
duct1on of assessed values would ne
cessitate an increase in the rate Of
taxation but not in the amount, but
the increase in rate might act as an
incentive to further economies, and
closer circumspection of municipal ex-
penditures. There is no use in deceiv-
ing ourselves. The first step to re-
covery is a correct realization of the
situation. We must then proceed with
patient and honest effort to rebuild
our joint prosperity and individual for
tunes.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
MoDIFIEs HIS INJUNCTION.
auhnS In the Case of Lowe VS.
Pioneer Thresher,

Pioneer Thresher,
Judge Nelson, in the United States
circuit court has modified his injunc-
tlon In the case of Henry B. Lowe
against the Pioneer Thresher company.
Ih1s was an injunction issued on the
petition of Lowe. one of the stockhold-
ers In the company, to have the officers
restrained from purchasing for the COM
pany the stock Of certain stockholders
and paying therefor with the assets
OF the company. Lowe claimed the
purpose OF the officers was to defraud
the minority stockholders. Judge Nell
son has modified his injunction so that
the defendants are now restrained
from buying from the resident stock
holders at Faribault, or any one join
ing with them, stock issued on account
OF removal Of the business of the COM
pany from Minneapolis to Faribault,
and paying therefor in plant ma
ch1nery, money or assets, of the COM
pany; or from buying from any of the
stockholders Of the defendant corpora
ton. or of any one, any of the assets of
the capital stock, and paying therefor
in plant machinery, money, property or
any of the assets Of the company. From
issuing perpetual and exclusive licenses
for valuable consideration or other
wise for the manufacture of machines
under the patents of said company
within or for the state of Minnesota"
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
TO ENFORCE JUDGMENT.
H. III. Porter and r.. II. Cable
Against ID. Nj. Sabin

Two complaints were filed in the
United States circuit court yesterday in
suits to recover from d. M. Sabin on
judgments aggregattng nearly $4,000.
Henry H. Porter is the plaintiff in one
action and Ransom r. Gable in the
other. Both these gentlemen live in
Illinois, and, according to the allega-
lions contained in the complaints, both
of which are alike, aside from the
amounts sought to be recovered, actions
were begun in the federal court in the
state Of Illinois In 1887, which resulted
In judgments in 1894 for $134, 200 in favor
of Porter and 35,075 in favor of Gable.
The DEGREES granting the judgments
provided, that no proceeding should be
commenced for the enforcement Of these
judgments, outside the Jurisdiction of
that court, for a period of one year.
The year is now up, the judgments have
not been satisfied, and the present ac-
tons are brought to enforce payment.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01
TWO MORE UNFoRTuNATEs
Ordered Committed to the Asylum
at Rocheater.

Judge Willrich, in the probate court,
yesterday examined two insane pa
tientS and ordered them committed to
the asylum at Rochester One was
DR.. j. H. Cheever. a man who once pos
sessed an exceptionally bright mind
But he has so wrecked it with the ex-
cessive use of liquor that he is now
the victim of alcoholic insanity. On
two former occasions Cheever was COM
mitted to the inebriate asylum, but as
soon as released he returned to his
old habit, which has secured such a
hold on him that all hope for him is
gone. Cheever is thirty years of age
and has wife, but no children
The other unfortunate was Fred J.
Taylor, who is suffering from epilepsy
and delusion on electricity. Taylor
sees electricity in the air, in his ROOM
iii his bed, in fact everywhere. He is
a carpenter, aged forty years, but I'M
married.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01

of writ of attachment in the case of James
G. Knapp against Lane X. Stone and wife.
The plaintiff attached the household goods of
the defendants on the ground that they were
non-residents and could not claim exemption.
Defendants moved to have the attachmets
vacated on the ground that they were resi-
dents Of the state of Minnesota, but the court
seems to think differently. Stone is act
ing as a mine superintendent in South Da-
kota.
Attorney William H. Lightner has filed an
application for the appointment of a receiver
for Stone. He alleges that in February last
Stone and w. S. Morton gave him note for
81, Co., which has not been paid.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-01

city, in my judgment, needs, mention
but few Of them. One a library build
Ing, in place Of the inconvenient and
unsatisfactory loft" where our excel
lent library is now housed Another, a
street railway line to our union depot,
to run up Sibley street, crossing the
cable, Fifth street and Seventh street
lines; thence up to the Summit by some
existing line and across town, say, at
western or other avenues, crossing all
the hill lines. In my judgment this line
would pay. It certainly would do more
to complete our street railway system,
and accommodate our citizens, than ex-
tension Of the loop, or any other plan
Of extension and improvement that I
know Of
We may not need or desire a curfew
ordinance, but we need something Of
the kind
Our charitable institutions need and
desire our generous support No city
in the West, indeed, none in this coun-
try, has better organized, more sys-
tematic or efficient charities than st.
Paul. In a general way, as a great
business center, st. Paul needs sta
bic national currency, a more elastic
national banking system, and more
settled relations abroad. We need what
the G o b e, from its new home, no
doubt wishes, and to all it's friends for
1904 happy and prosperous New Year.
trust 1T will come to them and to ALL