davidaulloa/AmericanStories huggingface dataset:
The times., 1897-03-27
r. G. Dun & Co. VIII say today, i'll thei
rAf

r. G. Dun & Co. VIII say today, i'll their
weekly review Of trade:
Rarely have markets sustained such sur
prise as they have received Of late with SO
little loss Foreign conditions and Lon
don alarms, the collapse OF the iron ore COM
bination, the destructive floods in the
sissippi Valley, and the decision of the
Supreme Court against railway associa-
tions, have been used to the utmost, but
not even IN railroad stocks has the result
been important. With confidence that
better times and larger business are com
ing men are less disposed every day to
throw away good investments, and the
very fact that prices of products are low
is regarded as guarantee against much
further decline. In all industries, also,
the number of Mills and shops and hands
of work gradually increases.
The railroads have been subic iccted 10 SO
much loss of late by cutting Of rates. in
spite of all associations, that the possibility
Of open and unrestricted competition, in
stead of agreements which restrict only
the more honest, may well have sober
ing influence. The earnings for March thus
far, only per cent below last years, com
pare not unfavorably with the full returns
Tor February, : per cent below last years
The grain markets have lost without
reason the gain they made without reason
he previous week. Wheat supplies are
running out, but nobody believes that there
ls coming a famine before June, when the
harvesting of Southern wheat will begin.
Bradstreets will say:
While the week is not without favorable
features, unfavorable influences have been
more numerous, Leading money markets
show no Improvement. Mercantile col
lectionS continue slow. and the volume
of funds offered is in excess OF demands
for discounts The tendency ofinvcstTnents
to improve has temporarily disappeared
under the influence OF the Supreme Court
.'anti-truSt decision which apparently
threatens arrangements for the manten-
ance Of railway rates, as wen as railway
rades-union activity. so far it may
affect interstate commerce.
I'he tendency Of prices is downward,
quotations being lower for Wheat, Indian
Corn. Oats. Coffee, Cotton, and for Pig
iron and Steel hillets on the outlook for
,ower-priccd ore. Stormy weather. high
water, and floods In the Ohio. Mississippi
and Missouri River valleys and in the coun-
lry drained by tributary streams, have in
hrfsred with interior trade.
!. The gradual increase in the number OF
The times., 1897-03-27

to Sir John, 'she has been two hours
Inissng-two whole hours.
She breaks off. Sir John regards her
anxiously A girl of her age to be 50
greatly affected by the absence OF a lit
tie sister for even two whole hours!
What a stress she laid ON the two one
would think ii was a good twenty-four
"A whole day. What sweetness. what
tenderness il shows! If she could love
little sister like that, could she not love
a
"A long time" says he, Ito miss such
a fascinating person" He bows graveiy
TO Miss Margie, who chuckles merriiy,
But you must be unhappy no longer, and
perhaps you will permit me To give you
CUP OF tea before"
He hesitates. VIII there be tea? Can
there be tea in this early period or his
household? ALI doubts are dissolved by the
arrival of Bonner on the verandd at the
moment with a tray. Really Bonneris Won
derfull How the deuce did he know?
You will take a cup of tea" says he,
now very cordially. Il am AFRAID you nave
had a long walk, and"
Gimme cake says Margie, putting up
a hand to Sir Johns cheek she rs in his
arms and drawing his face down to hers
This is not being good, Margie,' says
the tall lady in white, very gravely say
good-by at once to this kind gentleman and
come with me You shall have cake at
home"
.'Margie wants cakes here" pouting.
Let her stay for a moment says Sir
John.
Il think not. Margie, come"
.ss'ant! SAINT go wi 90. An SAINT
saws my prayers for 'oo,'-Miss Margie
utters this awful threat with lively air
and d hug of Sir Johns neck.
Sir John might have further protested,
but a glance at the tail, slender stranger
prevents him. There is a touch Of ex-
treme hauteur upon her beautiful face-a
touch OF pain. He puts the child lightly
on the ground,
I'm afraid we must say good-by for
today. Miss Margie," says he. But
later on he slances at the waiting
girl "YOu are perhaps staying with
the Raynhams? Friends of mine He
could have killed himself a second later
for saving this so crimson is the tide
that floods those pale and pretty cheeks
"No. I-we-aIe not staying with any
one.''
AT least controlling herself admira-
bly,, and speaking calmly as if that
hot blush had never been seen, you
will perrnit me to send YOU back in ms
carriage TO your home"
The crimson has deserted the young
Iadv's face now, and she is very pale.
| she looks at him Surely there is a
touch of agony in the dark depths OF
her violet eyes.
You are very good" she says, but
we have only little way to go. l can't
think how it was that didn't find Margie
sooner. She and / live in Elm Cottage,
down there we tfaintlyl are your tenants,
1 think
Indeed" says Sir John. He is so
taken aback that for the second time he
loses himself little. Then-''1 am afraid
have been nothing but an absentee land
lord up to this But now that L have
come home if there is anything that will
add to the comfort of Elm Cottage for you
or-or your little sister"
You mistake,' she says, little proud
Iy. ''She is not my sisters she is my
daughter"
The times., 1897-03-27
TO be eontinued.l

Eighty per cent Are Cat,,rrh sub
iects.- Dr. Agnews Catarrhal Powder
will cure the worst OF them. 1t has been
tested a thousand times and never disap-
points 1t is pleasant to apply, harmless.
and gives such quick relief. One short
puff will clear a cold from the head and
prevent the possibility of contracting this
nasty disease which taints about so per
cent of the whole American people.
The times., 1897-03-27

In the local stock market, Graphophone
Is being offered somewhat lower. Allot
ments have been made OF oo ,0oo preferred
stock in Graphuphone 10 pay Z per cent,
II has been allotted TO the holders of the
common. pro rata The common stock. at
nearly par, is in consequence being sold
by its holders to get together cash for the
preferred, which will be issued 10 them
at par and will pay Z per cent, instead of
4 per cent It's simply good proposition
with them to make nearly per cent on
the deal, and the drop in the price GER
tainly does not have bad significance.
There is plenty of Lanston stockin sight,
the reason being apparently that the ru-
mors Of foreign purchases of q million dol
lars worth Of it 10 not receive any con
fIrmatiOn.
The times., 1897-03-27

Dow Jones & co. say of New York Cen
Ural: II will be remembered that the road'
vhenir complete Ii leissue of SlGo, 100000
Of stock some time ago, sold at par 10 a
syndicate the last S5,U00.00o, and the
stock never sold at par after it, until tie
present rise II is said that very con
siderable part of this stock came on the
market when il could be sold, and TINS is
what increased the street supply of stock.
Friends of the property say that 1t IS
good purchase on any of the reactions
which may come as a result of The supreme
Court decision. for with the refunding
scheme il is bound in the first favorable
market to sell at or above ll0.
The times., 1897-03-27

Chicago Grain and Provision Market
Corrected daily by w. b. Hibbs Il Co,
Bankers and Brokers. Members of the
V. Y Stock Exchange 1921 F street.
The times., 1897-03-27
Washington stock Market

Sales-U. S. As, registered, $500 at
10 IS: L. s. ELECTRIC Light 8 at 81;
National Union Ins.. 125 at 10 I-2; Mer-
genthaler Linotype. 10 at %.
After Call-U. s Electric Light, at
81 IL.
The times., 1897-03-27

Jersey Central is good sale, shrewd
operators tell me. The bear idea that the
dividend on April viii be skipped has
been abandoned on positive information 10
the contrary, but the supply or Jersey III
the market is large and comes out easily
II is suggested that the Anthracite Coai
stocks are going lower, in expectation
OF legal troubles with the trust henQS'
The times., 1897-03-27

industrial strikes is the outcome or a
movement to secure higher wages, ana
| in instances moderate advances have been
| obtained. Staples for which prices are
| higher include wool, raw sugar, wheat,
| flour petroleum, linseed oil and turpentine.
Prices are unchanged for print cloths, re-
fineu sugar, lard and pork. Recent activity
in raw wool continues, and the prospect
| foI an increased tariff on imported woolcns
causes merchants TO purchase American
goods more freely, i he movement of cot
tons is not up TO expectations, and in
some lines is disappointing. The most
noticeable Improvement in trade is con-
fined TO dry goods, hardware, leather.
agricultural implements and shoes.
Bank clearings at seventy-seven cities
Throughout the United States are disap-
pointing, the total being only SSSS, ,0oo,-
900 for the week. sc per cent less than
last week and 2 per cent less than IN
the like week one year ago.
The rate of commercial mortality con
tinues the decline shown in recent weeks
the total number of business failures
! throughout the United States being 22l
this week, compared with 23i last week
and 276 in the like week in 1886.
Thirteen Western roads have withdrawn
from the Western Freight A association by
the advice of their attorneys. This does
not mean. however that we must seriously
believe these roads have given mp all pool
ing arrangements, and will forever here
after lead strictly virtuoas lives OF single
blessedness The Eastern roads are not
so rapid in their push TO get out OF the
pool There is no change in the status
OF affairs at the joint Traffic Association.
The feeling OF the board OF managers Is
that the entire matter should he left with
the higher body, which is the board or
control, composed of the presidents of the
thirty-two companies, which are members
of the association. President Depew of
the New York Central, is the chairman of
the body.
Sugar had bad slump yesterday, even
worse than the rest of the market Tor a
time Sugar, although going steadliy
down. was slightly firrner than the gen
eral list until the break Yesterday Inc
I05 that was predicted in this column
three or four days ago, is likely TO be
realized in a very short time. There were
various suggestions as to the reason Tor
the break along the street anu al OF
them probably had some truth, but none
of them were as true az the very potent
reason that the sugar people do not want
Sugar high at present.
The New York Times publishes a dis
patch from Chicago claiming that the
directors OF the Burlington would put
refunding scheme into effect within
month. Burlington officials deny the story.
They SAY that no plan has been formulated
or even considered. Burlington is down
badly. and tits predicted that ii viii soon
rourh 70
The times., 1897-03-27
New York stock Market.

Corrected daily by W. d. HIbhs & Co 4.
e,nrars and Brokers Members of the
~ Stock Exchange. 1921 street
The times., 1897-03-27
T. E. WARD e. co.
Washington
Loan & Trust CO.

OFFICE, COR. 9TH AND F SITS.
PAID-UP CAPITAL. ONE MILLION.
- Loans In any amount made on
--- approved real estate or collateral at
- reasonable rates.
- Interest paid upon deposits on
--- daily balances subject to check.
This company acts as executor, ad-
- mimstrator, trustee. agent, nt,treasureT,
registrar and N all other fiduciary
- capacities.
- Boxes for rent in burglar and fire
--- proof vaults for safe deposit and
- storage OF valuable packages.
JOHN JOY EDISON. President
JOHN A. SWOPE. Vice President
h s. CUMMINGS I'd Vice President
JOHN X. CARM0DY. Y............ Treasurer
ANDREW PARKER. Secretary
The times., 1897-03-27
CORsON & MCCARTNEY,

Members of the New York Stock Ex-
change, 419 + St, Glover building.
CORRESPONDENTS Of Messrs. Moore x Schley.
so Broadway,
Bankers and Dealers in Government Bonds.
Deposits. Exchange. Loans
Railroad Stocks and Bonds and all securi-
ties listed on the exchanges of New York,
Philadelphia, Boston and Baltimore bought
and sold.
A speciality made ofinvestment securities.
District bonds and all local Railroad, Gas,
Insurance and Telephone Stock dealt In.
American Bell Telephone Stock bought
and sold. mh1S-tf
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Another Enterprise.

The Commercial restaurant opened
to the public Friday evening and
since then the management has en-
joyed good trade. The restaurant is
located next to the Commercial hotel
Office and presents a new, neat and
clean appearance. Mccarthy & Glas-
ford are well known in the catering
line and need no introduction to our
people. 1t will be their aim TO do a
first-class restaurant business and pay
especial attention to night work.
Give them call and be convinced of
the superiority of the Commercial
over anything north of Duluth in
cuisine and general service. We be-
speak for the enterprise bright
future.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Smooth Viginians.

Several Of the sawmill owners of
Virginia. st. Louis county, tried to
work smooth game on the state
auditor Thursday, but, as usual in
such cases, they failed, for the auditor
can see as far into milestone as the
next man, says the Minneapolis
Journal. He had advertised an emer-
gency sale covering section of pine
timber located near Virginia. When
originally estimated it had contained
about 10000 feet, but, owing to
waste that has been going on for a
couple of years, this amount has been
reduced to about 100000. The
original appraisal was 81 per 1000, but
later this was raised to 1915, the sec
tion being almost-in the town of Vir-
ginla and handy to the sawmlls and
the railroads.
Thursday was the day fixed for the
sale, and three Virginans, owners of
the sawmills there, came to ST. Paul
to bid. The hour was 10 O'Clock when
the sale was to take place, and the
auditor was waiting not very patient
ly for his men to appear, when it was
discovered that they were in confab
in one Of the capitol Hobbies. Finally,
being after 1920, the auditor was on
the point of declaring the sale off,
when in walked the three conspiraters
and announced that they were ready
to bid. The sale was opened, and 81
was all that the auditor was offered.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
4 Liberal Offer.

The publishers propose to send a
copy of WORD AND WORKS five
months, from June to October inclu-
sive, to new subscribers only as a trial
order. for % cents, and i'm addition
thereto, give each trial subscriber
free, a copy of little book of "a pages
which contains select chapters of a
work by Rev. Irl II. Hicks, which is
to be the browning work of his life
This is rare opportunity for any one
to study the storm forecasts through
out the coming season. besides the
many other good things in Word
AND WORKS Of interest to each MEM
Der of the family. The regular price
of this little book alone is % cents.
Send 25 cents and your address. to
WORD AND Works pub. Co., 220l Lo-
Gust Street, ST. Louis, Mo.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28

ments west OF there in the Rainy lake
and Seine river districts have been
made in country whose mineral for
nation is very similar to that in
Cook county, and as many thousands
OF acres OF land purchased during the
old excitement are either owned OF
controlled in Duluth it is proposed to
make thorough investigation of its
resources. Gus. Stevens, a well known
explorer, who made the discoveries
that started the excitement in the
fall OF 1884, has been employed by a
syndicate OF land owners in the old
gold field and will start as soon as
navigation opens on the inland lakes.
for the scene of his early explorations
He will take with him a couple of
mining experts and point out to them
the location of the veins he found
then. They will be given thorough
examination and if found to contain
sufficient gold to warrant it, means
will be provided for extensive devel-
opment.
Should it be shown that gold exists
there in paying quantities, the discoy-
cry will prove of vast importance to
Duluth, because much of the land
which is crossed by the veins is owned
here and no annoying delays or ex-
pense would be required to gain title
to it. Fl. NJ. Loud, a wealthy Mich
igan lumberman, who several thou
sand acres Of the land, has been inter
ested in the project and he, together
with the Duluth holders, will defray
the expenses of the proposed investi
cations. Mr.. Stevens insists that he
knows where several'large true assure
gold-bearing quartz veins are located
and assays of rock taken from the sur
face will yield from S. to $50 to the
ton. He. expects to start with his eX-
petition early in May.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
5000 PER YEAR IN ADVANCE.

He quietly announced that unless he
could secure the 1915 the pine would
not be sold, and after waiting few
moments for this bid. shut the books
and stated that everything was off.
The would-be purchasers were sur
prised at this turn of affairs, but
found out to late that they could not
fool with the present auditor. 1t it
evident that during the time they
were in consultation in the hall they
came to an understanding not to bid
to exceed 81. They figured that the
auditor, having advertised an emer-
gency sale, would sell the land for
this amount. Mr.. Dunn now says
that be will, if necessary, station
guards on the land SO as to protect it
from further trespass.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
The Base Ball Club.

A meeting of those interested in
the organizing of a base ball team for
the coming summer, was held at the
Exchange hotel Sunday and plan of
action outlined. John Glode was
elected temporary chairman and Chas.
Bale, secretary. After calling the
meeting to order, chairman stated
object Of meeting and the following
officers were elected:
Manager-JOhn Glode.
Asst. Manager-W. T. James.
Captain-M E. Gleason.
Treasurer-W. B. GoldswOrthy.
Secretary-Jas. Carey.
The officers elected are all good men
and bright base ball outlook is at
hand for the seasons work. To assist
in securing funds to begin the season.
it was proposd to give dance on May
u, to which all are invited.
Virginia, Eyeleth and Tower have
organized with strictly home talent,
it is claimed, and the season will not
prove so disastrous to the financial
part of base ball as last.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Again In 1t.

In the papers week ago there ap-
peared brief history of q gold excite
ment experienced in Duluth dozen
years ago. AS result Of reported
fabulous discoveries in Cook county.
east of Hunters island nearly forty
thousand acres of land were purchas-
ed. through the Duluth land office
because Of the rich mineral deposits
it was supposed to contain. Some
fraudulent assays had given the pub
lie an exaggerated idea of the rich
ness of ore found there and when on
81 Sc Investigation its value was
found to be but a few dollars to the
ton instead of hundreds and thous-
ands as at first supposed, the field was
abandoned in disgust, and little at
tention has been paid to it since.
The recent discoveries and develop
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Road Funds.

1t was ascertained Monday that the
appropriations for the improvement
of Crane lake road, or the Rainy lake
trail, are now available for use, but it
will be necessary for the board of
county commissioners to take action
before they can be used. 1t is prob
able that the board will take this
action at its next meeting, and the
work will begin as soon thereafter as
possible.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Helps Tighten Taxes.

The list of railroad lands belonging
to the Northern Pacific and taxable
under the Anderson amendment was
received by County Auditor Halden
Tuesday and added to those already
fled. The list is not so large as had
been expected, showing up but little
more than $4,000 acres. AT an aver
age valuationyof Sc per acre this will
increase the valuation of the county
about $3.50, 200. The lists will not be
complete until those of the Great
Northern and Eastern Minnesota
are in.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
The Orchestra Ball.

The ball given by the Ely Orchestra
last Friday evening was well attend
ed and enjoyed by all. The music
furnished by the orchestra was excel
lent and the prompting by W. B.
Goldsworthy was up to the usual high
standard. At II O'Clock the assem-
blage repaired to the Commercial
restaurant where a toothsome lunch
was served to which all did ample
Justice.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Homestead Patents Received.

Five year homestead patents were
received Monday at the Duluth land
Office for the following persons: VIM.
Schuman, heirs of Matt Anderson,
Otto Richter, Andrew A. Anderson.
George A. Blais, Dorland S. Rutter,
Fred Christensen, Mann Nelson.
Louis Carlson, Ben E. Benson, Gustaf
Ringquist, Erland Fredrickson, Lars
Haakensen, Andrew Broburg, Jacob
Wohlin, Frank Kwapick. Joseph
Lewandawski.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-04-28
Ohio Lease is Sold.

1t was learned yesterday that the
Ohio Mining company has sold it's
lease to the Mesaba Mountain Mining
company, which means that the Ohio
company is now Consolidated prop
erty and will hencefOrth be controlled
by John d. Rockefeller. The terms
of the sale have not been made public.
The deal was effected in New York
a few days ago by Attorney J. L.
Washburn who conducted the nego-
tiatiOns Of the settlement of claims
against the company recently and
finally of the sale to the Consolidated
people. The lease originally had
thirty years to run and the unexpired
term is p years. The principal owner
of the fee is S. r. Ainsley, and it is
understood that he has announced
that he will not part with it.
The Ohio mine is situated in close
proximity to the Lone Jack and
Mesaba Mountain property in 9-5S-17
at Virginia and its location is favor
able to the Consolidated interest. All
of the litigation respecting the prop
erty has been disposed of and all
liens discharged.
1t is announced also, that the Ohio
mine will be heavy shipper this sea-
son under the new ownership. EX-
tensive stripping operations will be
made and preparations made for an
extensive output. A large amount of
work in the way of development has
already been done. 1t is said that
ore can now be taken out to the depth
Of 100 feet without encountering
trouble from water
The exact price paid for the lease of
the Ohio property could not be learn
ed but it was cash transaction and
the price is said to have been a fair
one under existing conditions. The
original royalty was % cents ton
but the belief is expressed that vast
quantity of Carnegie ore will this sea-
son come out of the Ohio and that a
lower royalty will probably curtail
the output of Carnegie ore from the
Oliver property or at least may have
the effect of a general increase for
there is % cent royalty connected
with the Eone. Jack, and about double
that with the Mesaba Mountain.
The operations of the Ohio mine
have never been profitable, it is
claimed by parties interested since
the property was developed in 1893.
The only persons interested in the
property locally are Capt. T. H.
Pressnell and Mrs. Barrett, wife of
the late DR.. Barrett, George Greene
of New York, who is interested in the
Metropole hotel, held the lease of the
Ohio and operated the mine in a
desultory way but it is supposed he
has concluded to pocket his loss
The sale of the Ohio to the CONSOLE
dated is suppose by some people to
mean the beginning of the end for
/ independent mine owners of Mime
sofa. The opinion is expressed that
the iron ore business is now down to
such a fine point that in order to
operate successfully the owners of the
mines must also be interested in lines
of transportation so that if ore can
not be put on the market at a profit
there will at least be profit in the
transportation Tribune.