davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1897-09-21
NEW YORK GRAIN AND PRODUCE.

NEW YORK, N. Y, >ept 2O.-Flour receipts,
$4,000; shipm ents 14,477 barrels Steady all day,
but lacked important dem and, sales being chiefly
for jobbing account.
WHkAT-Receipts, 32l,875 bushels; exports
295,425. Spot firm. No red, e91ac@s1. Options
opened week under lower cable, rallied on cover
ing and averaged firm all day influenced by ex-
port buying. steadier cables light stocks and
heavy ca ances Closed lac net higher No 2
red. May, 955sG96c, closed 96c; Septemb ber 9Ssi
@9s6sc closed 9e12c: December 9oB@97c,
osed 9612c.
hoPs-Firm. State common to choice, 1895
CROP t@Sc; 1897 crop, 12@l3c; Pacific Coast
1898 crop, @ic; 1896 crop, 6@9c; 1897 crop, II
@l3c; London S.
No 2 TO extra, 27@40c; Texas 1Sc
PETROL r UM-Quiet; Unite closed 7012c bid
PIGIRON-Warrsn very quiet, ST 1897 20.
COPPER-Quiet, Sll 25
TIN-Frm, Sl3 10 bid and $l3 80 asked.
SPELTEk-Firn:, S4 25G4 So
LEAD-Strong; exchange. 81 1894 80; brokers'
s4
COFFEE-Options opened barely steady with
September and October unchanged other
months points lower closed quiet at 56!O
Der, $6 66@6 40; March, s7G7 05 Spot Coffee-
Rio firm: No invoice, 71sc. Mid-Steady; Cor
dova, l012@l61ac.
SUGAK-Raw. frmer: refined firm: centrifugal
SO tes., 3 10 6@4c; mold A, 5-l6c; standard
a, 15-16c; confectionery A, l5-16c; cut loat
ll-l6c; crushed, 1l-16c: powdered, 5 Is &C.,
granulsted, 51sc: cubes, 5-16c
BUT Ek-Very firm; Wes creamery, 100
20ci klgins, zoe; factory. S129121ac.
HkESE-Receipts. sl29 packages: steady;
91sc small coOred. 912c; part skins, 612@7c;
full SKINS, 3I5654c.
EGGS Receipts, 1858 packages; firm: state
and Pennsylvania, 16@19c: Western, l71zc.
The San Francisco call., 1897-09-21
STEAMERS TO ARRIVE.
STEAMER FROM
sun. MOON AND TIDE.

UNITED STATES COAST AND GFoDErIc SURVEY
TIMES AND HEIGHTS HIGH AND Low
WATERS AT FORT POINT ENTRANCE TO SAN
Francisco BAY. PUBLISHED BY OFFICIAL
AUTHORITY THE SUPERINTENDEN
NoTE-Ihe high and low waters Occur a. tina
CITY Front (Mission-street Wharf) about twent;-
five minutes later than at Fort Point; the height
OF tide is the same at both places
The San Francisco call., 1897-09-21
NEW YORK MONEY MARKET.
Closing Prices for Bonds and Railway
shares.

NEW YORK, N. Y, sept. 2O.-Money on cali
firm at 293IaI; last loan 81, closed 9@31a%
prime mercantile paper, 4@415%; Sterling
exchange steady. with actual business in bankers
bills al S4 847s for demand, and S4 1924
for sixty DAYS: posted rates, 81 S3la@4 "a
and 81 S51294 S6A2; commercial bills, 80 S1@D
4 50: silver certificates, 5912@60c; bar silver,
b9Ihe: Mexican dollars, 44c; ate bonds dull;
railroad bonds steady; Government bonds easier
The San Francisco call., 1897-09-21
Shipments.
a RTICLEs.

On the Produce Exchange to-dac the Butter mar
Eet was firm; creameres l4@l9 912c; dairles 10G
l7c; cheese, easy. S@9c eggs, firm; fresh lac
The San Francisco call., 1897-09-21
Dried Fruits.

NEW YORK, N Y, Sept 2O.-California dried
fruits firm: evaporated apples, prime wire tray,
63497c: wood dried, prime, 612c; choice 714c;
fancy, 71zc
PkUNkS-31297c per pound, as to size and
quail Y.
APRIC OTs-Royal. T@sc; Moorpark, 9Gllc
PEACHES-Unpeeled, 7@lOc; pee.ed, 11@l4c
per pound.
The San Francisco call., 1897-09-21
WaShinpt0n
FOREIGN MARKETS.

TACOMA, WASH. Sept. 2O-Wheat quiet No.
blue stem. SIC; No l club &c.
The San Francisco call., 1897-09-21

LIVERPOOL WHEAT FUTURES.
The San Francisco call., 1897-09-21
BOARD SALES.

Following were the sales In tho San Francisco
Stock Board yesterday:
The San Francisco call., 1897-09-21
CLOSING QUOTATIONS..
MONDAY, Sept. 2O-4 P.
STOCK AMI BOND EXCHANGE.

MONDAY, Sept 20 2 P. NJ
UNITED STATES BONDS.
Bid asked. Bid asked.
F g coup. Il33z U ssreg.. 941s4
/ new ssueI -434
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

majority. Mckinley was elected over
him the next term. He was in for one
term and was then reelected by a ma.
lorltY OF more than 1000, At that time
| saw, thought, that he was man OF
the future, aud told my friends that he
would be the candidate of the Republi-
can party for President"
HOW RUSSELL SAGE MADE a PRESIDENT.
The conversation here driited to poll
les, and Mr.. Sage told me some inter
esiing stories about his career as n poll
tician, and how it was through him that
Willard Fillmore became President of
the United States. In his younger days
Mr. Sage was prominent man in New
York STATE. He was a great admirer OF
oh. Taylor, but was above everything
strong Henry Clay man. He was at
the head Of the New York delegation at
the convention which nominated Taylor,
and held the votes of the delega es rom
his state sold for Clay. New York had
then, think, twenty-eight votes, and
the throwing OF these to Taylor would
mean that he would surely get the nomi.
nation. After the convention met it was
evident that Clay could not be nominal
ed, whereupon the Taylor men asked
Mr. Sage TO come TO them for a confer
ence as to whether New York could not
go for Taylor. Mr.. Sage did SO and
eventually threw the vote OF the state
for Taylor, bringing about his nomina
ton. In speaking OF this he said: 81
was asked to go see Colonel Taylor, the
brother OF the future President, who was
managing his canvass. saw that it was
impossible to nominate Clay, but |
wanted TO know whether General lay.
lor, a southern man, would treat the
northern Wings fairly. Colonel Taylor
told me that his brother was Wing
through and through and as lett him |
said that We expected to stick to Clay
As long as there was the least hope Tor
him, we would come to Taylor when
ever ii became evident that he could not
be nominated. | then presented the
case to our delegation. They agreed,
and when the crisis came in the conveD
ton and it was evident that Clay's
chances were gone threw our vote to
Taylor, and thus brought aoout his nom
nation. Well, the friends OF Taylor
were so pleased that they came to me
and said.
"Now, Mr.. Sage, you have helped
us nominate the President and we Will
let you nominate the Vice President
81 had not thought OF that at all, and
took some time TO consider Among
other men thought OF Fillmore, who
was then young lawyer Of Buffalo.
knew him well, aud thought he would
make a good Vice President. sug'
gested his name and it was brought be-
fore the convention. He was nominated
without trouble. then notified him
| that he had been chosen as our vice
presidential candidate.
"lHe accepted the nomination, and
the ticket was elected. Zach. Taylor
died before his term was half over ano
Fillmore became president. So you see
upon what little things great reputation!
| turn
WHY RUSSELL SAGE GOT OUT OF coE
GREsS
"You were quite young when yol
J were in congress, Mr.. Sage. You nigh
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

Congress. Long before he was fifty he
was worth million, and now, at eighty,
he has as bright an eye and as quick
mind as any OF the men OF half his age
VINO borrow money of HIM 10 play the
great game which is always going on
here among the Wall street gamblers.
THE WORKSHOP OF A MILLIONAIRE
met Mr.. Sage in his office. His New
York establishment looks more like
prison than the workshop OF million
are. IL is TO certain extent iortifica-
ton. You remember how a crank came
within an ace OF blowing him into
eternity with dynamite bomb a couple
OF years ago, because Mr.. Sage would
not write him out check for million
odd dollars. AS it was. he was very
badly hurt. Now, the average million
aire, after such an attack, would have
given up business and retired from dan.
ger. That, however, is not the kind oil
a man Russell Sage is. As soon as he
recovered from his injuries he went back
to work, but he put some guards about
him 10 keep of the cranks Of the future
To-day you cannot walk into his office
without you are known. You cannot see
him unless you have good credentials.
i} uuouuItlOH was tIIOuSIl letteF
from Mr.. Henry Clews, the famous Wall
street banker. With this climbed to
the second story OF II Broadway and
entered an office, upon the painted door
OF which were the words Russell Sage"
Passing through this, found myself in
narrow hall or cell, as it were, walled
with boards to a point high above my
head. Above these boards there was a
latticework of iron, almost as heavy as
that which surrounds the bullion in the
vaults of the United States treasury.
There were two doors leading through
the board wall, but these understand
shut with spring lock. In the wall
there were two little holes guarded with
brass bars Standing before them, you
can look in and see the clerks who man
age Nh. Sage's business. Through these
holes is the only means Of getting at Mr..
Sage. You present yourself at them, and
Mr.. Sage's cashier, gray mustached
young man. with critical eye looks you
over. II he Is very sure that you are all
right and that your business is of i'm
poriance you are presented to Mr.. Sage.
This was what was done with me. The
investigation seemed to be satisfactory,
and few minutes later the door in the
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

be economical and invest his money SO
that 1t will worl; for him"
YOUNG MEN IN NEW YORK.
"What do you think OF New York as
field for money making Should
country boys come to the cltyl"
"The man who has 1t in him" replied
Russell Sage, "will succeed anywhere.
You can't keep the right country boy
down and the city boy with the right
stuff in him is bound to ret up. The
chances in New York are perhaps great
er than in tine country, but the tempta
tons are also greater tell you don't
like what see about the clubs here IN
New York. You may 20 to them any
night and you will see young fellows
VINO have less than thousand dollars
year dressed in swallow-taiIsd coats.
They are eating Expensive dinners. They
are drinking little and playing cards a
little. Such are not my ideas OF sue.
cessiul scheme OF lie for a young man,
and those are not the young men who
succeed. It is the young fellows who
spend their evenings at home and save
their money who keep bright eye Tor
the main chance and live SO that they
will have brains healthy enough to see it
when it comes"
RAILROADS AND THE UNION PACIFIC.
"You have been interested in many
enterprises in your life, Mr. Sage"
eyes, / have" was the mlliOnaire's
reply. 81 early became interested III
railroads. travelled over some of the
first built in this country and saw there
was going to be lot OF money in them.
| bought lot of stock in the western
lu aVtI I tor 70,
dent and vice.president OF the Milwau.
kee and St. Paul. | had also interests
in roads further west and for long
time have been connected with the
Union Pacific"
What is going to be done with the
Union Pacific, Mr.. Sage?'
81 think the government ought to have
something to do with it," was the reply
"a great deal of noise has been made
about it, but the Union Pacific has been
OF enormous profit TO the United States
government. Its profit has perhaps not
come directly; but indirectly that road
has built up the great west. IL has cre-
ated hundreds OF millions OF dollars
worth OF taxable property and the great
states OF the west are due to it. 1t
would not seem to me out of the way
that the government should guarantee
its bonds.t If the United States would
guarantee its bonds at three per cent
would be glad to take a lot OF them"
HE TALKS ABOUT THE TIMES.
"What do you think about the times,
Mr.. Sager Are they going to be better?''
81 think so, though we had hard pull
during the last campaign. have faith
in the sober sense OF the American PEG
pie, and believe with moderate tariff
we will soon be prosperous"
care you not afraid OF the dissa,islac-
| ton OF the poorF'
mo. don't believe the best ele-
ments Of the laboring classes are dissat-
| ished. More than three-iiiths of the
laDoring men OF this country realize thai
their success is dependent upon the
success OF the capitalists who are theii
} employers. The other two hsths ar,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06
Why

have made great success there. why
did you leave politicsP
~ did not think politics would pay"
replied Mr.. Sage. 81 was only four
years in Congress. ! was there during
the long canvass for the speakership, in
which alter five weeks OF Dalloting we
elected N. p. Banks. was one OF Mr..
Banks's chief supporters, and after he
was elected he came to me and told me
that could have any Craftsmanship IN
the house except that oil the ways and
means. which, according to custom, had
to be given to the leader OF the defeated
element OF the party, and consequently
went to John Sherman. replied that
wanted nothing, and that did not IN
tend to stay in Congress told speaker
Banks that my lite was to be a business
one, and added: Now want to learn
all | can during my stay in Congress
about the government that will be OF
ben fit to me in my business. The
ways and means committee has more to
do with managing the government OF
the United States than anything else
and position upon it will teach me
much, don't care for any oil the chair
manships, but il at the close OF your
appointments you find you have place
lett for me on the wayc and means COM
mittec will take it,.
General Banks replied that he would
give me the second place on that COM
mittee, and did so. found my position
OF immense value to me. ! learned
there all about our financial methods
and got information which has been CT
incalcueablc value 10 me ever since.
know now just how things ought 10 90.
| know what will be the effect OF certain
legislation upon the markets aud | can
feel almost intuitively the results Of con.
gressional action"
WHY ONE RICH MAN WORKS.
Al this moment the brokers outside
became more and more anxious 10 see
Mr.. Sage. During our long talk tho
door had been slyly opened by his cash.
Ter again and again, and each time The
old man would raise his hand aud sa,
In moment, ""ln fifteen minutes or
"In five minutes" according tc the
story he was telling at the time. As he
made the last statement the white
mustached cashier came in again, ard
the old millionaire rose and held out his
hand, as much as to say the interview
was closed. As shook it | said:
lust one m re question, Mr.. Sage.
You are one OF the richest men OF the
world. You have more money than you
can ever spend. Your income today is
beyond the widest ambitions OF your
youth. Now wont you tell me why with
all this you keep on working Why
don't you retire and take rest and en-
Joy what you have NADER"
"Ah," replied the old man, as his blue
eyes looked soberly into mine. ~
don't know why. don't know that
could stop if would. fear | should
not live long If did so. believe like
work better than dc play. My chief
happiness today is in my work, and |
suppose my machinery will go on at this
rate as long as live"
%m~a< 4. Cu4yr.I.~
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

those who ate trying to get along with
out work, and who don't want to work."
What are the causes OF the hard
times2n
81 believe they are largely due to
production, not only here, but n
over the world. We have been making
more goods than we could sell. We
have expensive establishments, and VIC
have kept them up Notwithstanding tn"
sales have stopped. Then we took off
the tariff, and let foreigners ship in cheap
goods to compete with us, and the result
is as you see it, Why, things were
never SO cheap as they are now in the
United States. Look at this coat which
| have on"
looked and felt the sack coat OF
the millionaire. 1t was very respect
able.looking garment, made OF fairly
good dark gray wooden cloth. As felt
1t Mr.. Sage went on;
well, how much do you think that
coat COST | paid just SO Tor it. | was
part OF a suit that was selling for IS. So
and bought it just to show these fellows
here now cheap things are. You know
there are things in the papers now and
then about my wearing SrI suits and
buying my clothes ready-made. Those
stories are not true, | have always had
my clothes made TO order, and don't
think ever wore a ready.made SUIT in
my lie. ! merely put this on to illus
trate the position hold on this subject"
THE BIGGEST MONEY LENDER ON IN
TEREsT RATES.
Russell Sage is perhaps the biggest
money lender in the United States. He
has millions out at interest, and he is
one of the few men who seem TO always
have a million to lend-to the right
party. AS looked at him thought OF
this and asked:
How is money in New York just
now! Are not interest rates very low!"
Mr.. Sage replied: mo, they are not
| low today but they are i'll general lower
than they have been for years. This is
SO not only here but all over the world.
| 1t seems to me that this shows that men
have more faith in each other than ever
before. A respectable man can easily
| get trusted now, but at the same time
| a man whose reputation is not good Is
more carefully watched than ever. Those
| fellows in the west have lost great
deal by their evident desire to repudlate
their debts The silver movement has
been a bad thing for the west. Do you
/
| tern town Tor water works or public i'm.
provements knowing how they stand
| upon such matters? | think they will
find it more difficult to borrow money
here now than they did in the past"
SAGE AS THE ORIGINAL M'KINLEy MAN,
| The only ornaments on the walls Of
Mr.. Sage's private Office are Two big
railroad maps and one large photograph
| in an oak frame. This photograph
hangs right over his desk, and the face
within it is that oil Presidentelec
Mckinley. pointed to it and said:
81 see, Mr.. Sage, you are Mckinley
man."
YES" said he, 81 am. think ne is
safe man, ana will make good Presi
dent. My attention was first called &c
him when he beat Campbell for govern
J or. Campbell had gone in with larg,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

wall was unlocked | was conducted
through an ante-room and shown into the
plain but comfortable furnished private
Office Of the millionaire.
HOW RUSSELL SAGE LOOKS.
AS entered, straight, wellformed,
smooth-shaven man turned about from a
desk in one corner Of the room. He
rose TO his feet as though his joints were
well oiled, and pleasant smile came
over his grave features as he told ME
that he could give me few moments
only, and asked me to be seated He
did not look at me at all critically, and
during the talk he chatted with me as
freely as though there was not an anarc-
hist in the world. Though he told me
that he could see me for but few mo.
ments, remained with him for more
than an hour, while brokers and other
business men were waiting outside He
became Interested in the conversation,
and then leaned over and tap ed me on
the knee as he laughed over some story
OF his career or became especially in
terested in some subject he was discuss
ing
HOW RUSSELL SAGE KEEPS YOUNG.
My frs, question was as to his health
and how ne managed at eighty to keep
SO young and bright. The old million
aire laughed as he replied:
~ don't know how do ii, but am
here six hours OF the day, six days OF
every week. year in and year out. My
good health in old age is. think largely
due to temperance. sleep from seven
10 eight hours every night, and don't
allow myself to be dragged about to
dinners and clubs. When first came to
New York | was persuaded into joining
the Union League club, and was a
member OF il for years, never attended
more than two or three dinners there,
however, and seldom went to the club
rooms. Then my friends wanted me
to give up my membership 10 some one
else. was asked to sell it. You see,
there were number OF men VINO want
ed to get in, and could have gotten as
much as 5000 for it But told them
that | did not want to make money that
way, and that would hold the member
ship until it ran out. This did.
RUSSELL SAGE ON MONEY MAKING.
Speaking OF money making, Mr..
Sage, how did you get your startt How
nv Jou hiaNS Jou' hiSt thNuS"he
dollars2"
"There is no particular story in that,
replied Mr.. Sage. - hen was sixteen
went 10 clerk with my brother. Then
| had store OF my own. ] never had a
great deal of trouble in making money.
My first thousand probably came from
saving. and was made on much the same
principle that have followed through.
out life"
''But are there any fixed principles by
which man can make money, MIR
Sage" | asked,
at depends great deal on the man.
of course" was the reply. "But there
are two things which any and every mar
must have who makes any permanent
success in this world. In the first place
a man must be honest in spirit and il
deed. and. in the second, he must b,
industrious. should also add he mus
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06


Sage. He is said to be worth somewhere
between fifty and one hundred million
dollars. He has more money on call
than any other man in New York, and
he is ready to loan million or so at any
moment on low interest, provided he
has good security. There are few men
living who have handled so much money
as he. Starting lie poor boy, he was
a millionaire way back in the sixties, and
for the past thirty years ne has been
turning his millions over like a snow
ball, gathering more and more at every
roll. MIR. Sage is one OF the remarkable
characters OF this century He is now
eighty. but he does not look to be sixty,
and during my talk with him he told me
he had been at steady work for more
than sixty years. All o. this time he
has been in the very thick OF things.
He was big money handler during the
war, and he has been associated with
nearly every great capitalist of the past
generation. He and Jay Gould were
hand in glove in great enterprises, and
he is director in so many banks, trust
companies and railroad companies that
it is said his fees for attending directors
meetings would make good salary for
an ordinary man. have seen news.
paper statements representing Russell
Sage as an illiterate man. i have not
found him so. No one can be with the
biggest men OF this country for sixty
years and not become educated. Mr..
Sage started life with public school
education. AT the age of twenty-five he
was elected as one OF the aldermen OF
Troy, and before he was forty he was
one oil the most prominent members of
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06
A Fifty Millionaire.
Chat with Russell Sage in His Office on Broad.
way on Money and Money Making

The biggest hony Leader the Gf of interest and I,
RafeSf4 1dsiee 10 l0nng Mcg Fortune
tie d0dMases lie Got From His 7cygSoeksqg ibof
me l' an" me froeefsbAaf He Thinks AtKny-Ao
f'eSae1 n Look al Russell Sge BOksFo1-o Hoaa Lend
"y on em'1n I'eVe Soe%71e fAiOsap
WV HM AHHS Weah He Keeps at Ills Eighne Year
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

HAD an hours
interview las t
Saturday with
RussellSage in his
private office in
the old rat trap OF
a building known
as II Broadway.
Every one has
heard of Russell
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

copyrighted. 1877, by Frank G. Carpenterj
Special Correspondence OF tho NEWS.
New YORK, January 5rd, 1897.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

be economical and invest his money SO
that 1t will work Tor him"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-02-06

wall was unlocked was conducted
through an ante-room and shown into the
plain but comfortable furnished private
Office Of the millionaire.