davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1897-04-15
Ru.s,a VIII stick to Gotd.

LONDON, ENG, April 14.-Paris dis
patches quote the Russian financial agent
here as saying that the Cars Govern ment
will stick to the gold standard despite the
American commissions appointment. In
his opinion Great Britain, Austria and
Germany would place insuperable difficul-
ties in the way of the adoption of interna-
tional bimetalism.
The San Francisco call., 1897-04-15
COMMANDER DENNIS W. MULLAN, US.N, Concerning Whom
Scandalous Stories Brought About Naval Inquiry.

not pass. and the bill was so reported to-
day AT the earnest protest of Attorney
General Taylor and was killed by parlia-
mentary ruling peculiar to this body
George NJ. Davie, an attorney who has
been here working TO defeat the bill,
when the case against the Southern Paci-
fc was called in the Circuit Court TO- day
for $240, 900 taxes and penalties for failure
to report, got continuance of the case
until next week.
The San Francisco call., 1897-04-15
MeKe.na looking Aftsr the Courts.

WASHINGTON, d. c.. April 14.-Be-
sides the additional appropriations for
meeting the expenses of the United States
courts for the current year .-sked for on
The 5th inst, Acknowledgement McKenna
to-day sent a letter to Speaker Reed recon-
mending an appropriation OF $75. 900 for
district attorneys.
The San Francisco call., 1897-04-15
WIN ENDS IN THE PHILIPPINES
7wenty- Two Thousand Men Law Dowo
Their Arms Under SPANS Proms Sc of
AmHes and Pardon.

WASHINGTON, D. C., April 14.-The
Spanish Minister has received a telegram
from the commander of the Spanish
forces at Manila announcing the end of
the rebellion in the Philippines.
Under the promise OF amnesty $4,000
men have laid down their arms and been
M rd aped
The San Francisco call., 1897-04-15
Atlstude of secretary sn.ru,on

WASHINGTON, D. c., April 14-The
Vienna dispatch in the London Telegraph.
saying that the United States has in
formed the Austrian Government that 1t
declines to recognize the blockade of
Crete, is denied at the State Department..
This Government merely acknowledges
the receipt of notes from the diplomatic
representatives OF the powers giving notice
that the blockade had been ordered.
The San Francisco call., 1897-04-15
Fatal Erplo.ion Near johannesburg.

JOHANNESBURG, TRANsvAAL, April
A.-An explosion of dynamite occurred
to-day in Landlaagte deep mine. Eight
Engllshmen and twenty-six natives were
killed.
The San Francisco call., 1897-04-15
HURKFING 10 THE FRoNT.

Scenes of ActtritY Hitnessed at the Port
of Polo.
The little port of Volo has not wit
The San Francisco call., 1897-04-15

Continued on Third Page.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

Railroad bonds were moderately active and
generally strong. Total sales in the two hours
of business represented IN par value $1,2lOOVo
The more important dealings were in the Atchi-
son and Northern Pacific issues, Colorado MID
land first receipts, Kansas City. Pittsburg and
Gulf frsts. Kansas Pacific frst consol receipts
oregon Railroad and Navigation issues. ST;
LOUIS and Iron Mountain general os. texas anu
Pacific second incomes and Wabash second os
The chief net gains were made by Michigan
Central 5s Of 1881. ! to 12717: Baltimore and
sol receipts t Y to IS So; Kansas and Eastern
nrsts, z 70 94&; Norfolk and Western consol
as q 70 I'm; Oregon Short Line first consoi os;
= 70 ooS ST Louis and Iron Mountain general
55s. . 10 SO. and Wisconsin Central first receipts.
e 70 o1B. Oregon Short Line hrsts lost l 70
%; southern Pacific OF California consol 5s, rs
TO ozb; Toledo, st. Louis and Kansas City hrst
receipts 2 10 81; Northern Pacific prior rs, %
70 S4H Mobile and Ohio As. 3. to 1914; Missouri
Pacific first collateral 5s to 20: Colorado Md
Houston and Henderson 5s y TO $50.
Total sales OF bo;lds for the week were in par
value $3.50 600 against SIS 226 900 In the pre-
ceding week. and S6,440,000 in the week before
that OF this weeks transactions FIVE issues
furnished more than 81 100000 each These
were the Atchison general As, S1.257. O00 the
adjustment is. 900: Northern Pacific gem
eral lien IS, 81 432. 600: the prior As 81 O3s00O
and Oregon Short Line first consol Is, 81 COS 900
f. Sales in fourteen active issues were S9327000
out Of the total in all OF Sf9.S24 900 The bond
market presents many attractive opportunities
for the profitable employment Of capital espc-
cially In the bonds OF reorganzed companies,
and the fact that much capital Is moving Int o
issues selling below 90 f. one OF the best feat
ures OF the current situation, rejecting feeling
among investors that the situation Is very sound.
MONEY AND EXCHANGE.
Money on call was . per cent. Time money
was 2h per cent for sixty days. per cent for
three months, 1884, per cent for four months
and 3a3H per cent for six months. Commercial
paper rates were 3AG4 per cent for the best
names for ell periods, and 4d4h per cent for
names not we'll known
The foreign exchange market cloeed with
SsAssd rates At "a 63;sGA 81 and "a S6h@$4 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
Tuesday, the I4th Day of December. 1877,


$50 Broadway in the City of New York. until
Tuesday, the l4th Day Of December. 1871,
,-. AT 2 O'CLOCK p. M.
for the whole or a part OF the following described
REGISTERED BONDS AND STOCK OF THE CITY OF
NEW YORK.
bearing interest at three and one half per cent per an
num- 10 witt
CITY 81 SEW YORK, ,o knowT y, As
cipai payable Nov, i. 1923. Interest
2'7ss'0o' s sfEY y AEM Ss2 S9ws
pal payable Nov. /. 1915. Interest pay
o,osso4s se,s Nay sHf Soy srocx THE
cry OF MEw YORK v,,; sTBEE sr6 ASp
Interest payable May and Noven'-
eoo.ooOoo CONSOLIDATED STOCK OF THE
ISe sTkEETss 5 AID ayFS ,sIs I P,a
......... est payable May ard November l.
CONDITIONS.
provided by Section the New York City Consoda-
Act OF 1882 amended by Chapter lo3 OF the Laws
OF 1897.
No proposal for bonds stock will be accepted for less
than the par value OF the same.
Each bidder deposit with the Comptroller In
money by certified check drawn TO the order OF the
Comptroller upon State or National Bank OF tho
City Of New York. Two Per cent Of the amount OF the
proposal including premium. No proposal VIII be re-
considered which II not accompanied by such
deposit
roler persons making the same within three days
after the highest bidder or bidders has been
made except the deposit deposits made by such high
bidder bidders II said highest bidder or bidders
shall refuse neglect within Ave days after the service
OF written award TO him them, 70 pay 10 the
Chamberlain OF the City OF New York the amount OF the
stock or bonds awarded 10 him or them at their par
value together with the premium thereon. IL any less
the amount deposited by him them. the amount OF such
deposit deposits shall be forfeited to and be retained
by the City Of York liquIdated damages for such
refusal neglect.
The Comptroller the approval Of the Commission
ers OF the Sinking Fund shall determine what II any.
part OF proposals shall be accepted and upon the
payment City Treasury Of the amounts due by
the persons accepted respectively certih-
Gates thereof issued them authorized by
Law.
The proposals. together with the security deposits
should be ncosed in sealed envelope ndorsed Propo-
sails for Bonds OF the Corporation Of the City OF New
York. then inclosed In second envelope addressed
TO the Comptroller Of the City OF New York"
| For full information The City Record
-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
1898 GEORGE II. EARL. Secretary.
q WALL STREET.
NyI-ur XnpK negArlhe-

q WALL. STREET. -
NEW YORK. December 10, 1891
TIE above dividend or g will be payable on January
isoS 70 holders OF record the close OF business On
iSsce-obcr ~ 1887 ON Of the Voting trustees
FOR certificates OF preferred stock OF the Northern
The ,rsnster books OF the Voting Trustees for eerun
FOR preer Ell stock will close In New York and VI
Berlin at p. ~ December q. 1897. and VIII feopeh
NJ ~ " j. u. MORGAN & CO.. New York.
DEITsCHE BANK IN BERLIN.
Agents for Voting Trusfees
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

DEPARTMENT OF FINANCE Comptroller's
~ Office City Hall Brooklyn. December !. 1e9!-The
undersigned Will sealed proposals at this once
until Thursday December 18th. 1897 at ~ o'clock noon
t which time Will be opened) for the purchaee o.
tn. whole or any part OF $4,000 REGISTERED THREE
AND ONE HALF PER CENT CONSOLIDATED Water
Gold stock OF city OF Brooklyn issued for the pay
Ssnt OF the In the matter OF the condemnation y
Long Supply Companys franchises ana
nrooerty. payable December 90 1917.
IN. above Stoch Principal Interest Will se
PAYABLE In GOLD COIN Of the United states OF Amerea
~ the present weight and fneness and under
the proyisIons OF the City Charter amended by Chap
ter 8is OF Laws Of 1895 is free and exempt from all
taxation except for state purposes. ,.-
PAYMENT Of purchase money 70 be made on DECEMBER
20 1897 which time the stock will be dated Interest
on January and July In each year
Propesas must state the price offered the amount ot
stock desired endorsed Proposals for Registered
stock" enclosed in second envelope addressed
10 Geo ". Palmer Comptroller Of the City OF Brooklyn
The right Is reserved reject any all bids not
deemed for the interest Of the City.
GEORGE ". PALMER. Comptroller
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

THE BOND MARKET.
Government bonds were strong and inactive
The As OF 1925 sold at the highest price on
record. Final quotations follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
financial.

High Grade Bonds
100000
Chicago, ST. Louis & n. o. Gold 31s
Guaranteed by Illinois Central r. r.
100000
rlichigan Central "Air Line" LIST ntge. As
$4,000
r1ichigan Central LIST Mortgage Is
$4,000
NY, N. n. & Hart. Convert. Debent. As
$4,000
N.Y., N. II. & Hart. now Cow. Deb. As
$4,000
~. & New England LIST Mtge. 6s & Is
$4,000
New England r. r. list Consol. Gold IS
Guar. by \. Y, n. II. Hartford r. H.
$4,000
Pitts, ncK'port & Yough'ny fst 1tge. 6s
Guar. by l.. sh. a Mich. south. by Pits d
Lake Erie Railways.
Sf25,000
Chicago & Northwest. R'y Cons. Quarterly rs
$4,000
Ill.,, L. Shore & West R'y LIST Mtge. Gold 6s
$4,000
Northwest, Union R'way LIST atge. Gold rs
Guar. md Assumed by Chic. & n. W. Rwny'
$4,000
Menominee River r. K. Exten. list Mtge. rs
Gunr. & Assumed by Chi. \. West Hway
$4,000
r1orris & EsIex K. x. LIST ntge. Is
$4,000
Morris & Essex r. R. Consol. Mtge. Is
Guar. by Del. Lack. & West. II. r..
100000
Albany & Susqueh. r. r. Cons. LIST ntge. 6s
Guar. by Delaware Hudson Canal Co.
$4,000
Utica, Clinton & Bingham. R. R. list Mtge. SIS
Guar. by Delaware & Hudson Canal Coz
$4,000
Syracuse, Bingham. 6 N.Y.R. r. LIST Mtge. Is
Guar. by Del. Lnck. & West. r. X.
$4,000
Chic, st. p, MINI. s. Omaha Ry. Con. Mtge. 6s
$4,000
Erie Railway ConsoI. Mtge. Gold IS
$4,000
Ches. & Ohio X. K. list ntge. Q9lD Gold os
$780, 900
Chic, rlil and st. p. Riv. Div. and COnsOl. rs
Convertible into Preferred stock Of the Co.
$4,000
Chic, nil. & St. p. (C.& P.W.D Div lst Gold IS
$4,000
Chic, Burl. & Quincy Con. 1st) 7tge. Is
$4,000
st. L. and s. Fran. I'd now lst Mtge. Gold 6s
$4,000
Nash, Chat. and St. Louis LIST 7tge. Is
$4,000
East Tenn. vlrg. and Ga. Cons. 1tge. Gold SIS
$4,000
Penn. r. r. Main Line Con. 7tge. Gold IS
$4,000
Pitts, Fl. Wayne & Chic. LIST and I'd 1tge. Is
Guar. by Penn. n. II.
$4,000
Allegheny Valley Ry. Gen. ntge. Gold IS
Guar. by Penn. Il. II.
$4,000
CIeve. and Pitts. r. r. Gen. ntge. Gold AS
Guar. by Penn. Il. II.
Sf5O,0O0
Philadelphia & Reading ConsoI. ntge. Is
$4,000
Third Avenue X. r. 1st Mtge. Gold IS
$4,000
Edison Flee. H. Co. of NY r1tge. Gold SIS
$4,000
Metropo. Elev. R.R. (ofN.YD lst Mtge. Gold os
THESE AND OTHER PRIME SECURITIES
FOR SALE BY
Goldman, Sachs & Co..,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
MILLS BUIIDINU,

MILLS BUIIyDlNt -, .nn-
NEW YORK December 10th, lSs!
A, ,.a,nz ~ the Board OF Directors held this day,
the following resolutions were adopted; -
whereas The earnings Of this Company are nov row
on basis which after providing for liked charges ao
reasonable cash surplus for contingencies Justly AZ e
belief that the COMPANY may WIN Se atocs oes '
And whereas The preferred stock certificates OF nis
Company contemplate that any diVicehos tneleo" s"
be declared and paid quarterly =, , 49,.
Tberefore BE II resolved. that there be- ana tneIes
,.rshy is declared from earnings dividend OF
q on the preferred stock Of this Company for the guar
ter ending December lst 1897 same to be paid January
rs Isas 10 the holders OF record Of the preferred s'oK
at the closing OF the transfer BOOKS on peee"'e' 81
1897. 49,, .. :, .uoh Atv,a.,d the
,rensfer book. Of this Company be closed az T. " en-
december o. 1897. and reopened at 10 A. NJ on January
J. 1870 GEORGE II. EARL. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
ASHBEL P. FITCH,
Comptroller,


city Of New York-Finance Department. comptroier's
ONCE December g. 1897.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
The following table shows the usual compare
tive statement OF bank holdings:

The following shows the relation between the
total reserve and the total deposits on the re-
enActiVe dates:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

A DvERTIsEMENrs and subssrlpti9ns .or The Tribune
"a door north o. 3lst-st until O'Clock D. advertise,
nens the following branch oices at regular
ONCE until O'Clock D. via: Pa SHAVE o.
cor 23dst IS: e,h,sye. cor icth-s. Mays, eth-avs
west 42dst. near eh-sye % East i4th-s.; 2ST Vice.
t2i:t os;wssa IN and sh ryss i'e EsM tI.h- isss
eis,-st lbs lst-ave near ssth-st $50 3d-eye near
zoos sd-avs.; 40 Eat 7oh-st; iszi sd-svs xeoS 49,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
t;inantial nleetinss.

OFFICE OF THE NEW YORK AND EAST
~ River Gas company No 1888 West 42d street. New
Is hereby given special and adjourned meeting Of
,be stoclhoders OF The New York and East River Gss
company will he he'd a, the otnce Of the Company. Ma
100 west Forty-second Street. the City New York
20 Tuesdsy tie i4th day Of December 1891 at ten
O'clock A. NJ sor the purpose OF submitting aid
ocbolders Tor their approval q consc-
dstion between this COMPANY and the Equitable das
IIeht Company Of New York and the New Amsterdam
eias Company BY order Of the Board OF Directors FORD
HUNTINGTON Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
COMMISSIONERS OF THE SINKING FUN

Proposals for building the New Court House on the
north corner OF Madison Avenue and Twenty nttn
street-o Sealed proposals fer furnishing
materials performing work in the erection and com
petlon OF House for the Appellate DIVISION
n the Supreme Court. II the First Department IN tne
CITY Of York. the north east corner OF Mauson
avenue and 18th street according to the plans ana
Ter les OF the Laws 1897, will be received by ue
sinking Fund Commissioners OF the city OF New lorK
Az the office OF Comptroller In the stewart bulians
No $50 Broadway the raid city. until December -o,n
1897 al IL o'clock noon at which time enc pacr tne
bids will br publicly opened. Bids for the ehtire work
only will be received and deposit OF nve per cent OF
the amount " bid will be required Inc CONTRACTOR
viii also required 10 furnish BOND or ponus as
cIrtv for the faithful performance or ms con,tact Al,
for 10 be approved by the Counsel 10 the IN
psnstv hxei by the Commissioners OF the sinking Fund
a. rs percsnum ~ the amount o. e oiu =, hs
more sireties whose sufciency shall be sIbIect ts
approval OF the Comptroller OF the CITY OF New iorS
The nroposas IN full and form OK contract 70 We a..
c,;ed by the contractor be seen AZ he oh u re
.,id Comntroer where copies can also De ootalnu,
ncn. con he examined a. the Office OF James btoWn Ssu
The architect leo Fifth avenue III W a, ~.
York Tbe architect Will also furnish eApahsto"s Vi JUG
san,s 10 any one applying at his once.
New York. December 9Th, iso'
WILLIAM L. STRONG,
Mayor
JOHN ". GOFF, cor,n..,o,.r,
Recorder. NoiI, H.
AsIBEL p FITCH, si,Gt,g Fund
Comptroller. " "
ANsoN C. MCoOK,
Chamberlain.
JOHN T. OAKLEY
Chairman Committee on FINANCE Bard q Alae-men:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12
NOTICE

sandusky. Ohio, Dec. 9TH, 1891
OFFICE OF THE RECEIVERS OF THE sAN-
DUsKY. MANSFIELD AND NEWAnN Iii
po,D COMPANY As REORGANizED.
The Receivers OF this Company VIII pax az TpJyer
which maured January lat 1897, az ~ .os 49,,
Cf,WpANy OF NEW YORK, the nftetnth OF pecen-
Der Instant With interest thereon $685., So,srs snd
from maturity the equivalent being tn'r'S siN N
"h"-es"' GYMS JOHN GARDINER, ! ,...,v~~
JAY O. MOSS,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

SEALED PROPOSALS WILL BE RECEIVED By THE
Comptroller OF the City Of New York. at his ONCE NO.
$50 Rrosdway In the City Of New York, until
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

OFFICE OF THE MARYLAND COAL co.o-
No Broadway. n. Y, December lst 1872.
<TA REGULAR MEETING Of the Board or
Directors held this day senai annual cviaena , 81
TWO PER CENT. declared on the PreIerIea 800
payable January 3D. ISIS TO Preferred stoeShoae''
reSSru ,sIsrhnoLs will close December 18th 1907 AMI
,.onsn January 50, 1905. Checks will De mailed
ieope" "''N"'' w. " "a NEDHAM. Treasurer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-12

PROPOSALS FOR
$6,243,O7O.55
3sS Bonds and Stock
OF THE
City of New York.
Exempt from taxation by the City and
County of New York.
Principal and Interest Payable in Gold.
Principal and Interest Payable in Gold.

EXECUTORS ADMINISTRATORS. GUARDIANS AND
OTHERS HOLDING TRUST FUNDS ARE AUTHOR
lied BY AN ACT OF THE LEGISLATURE
PASSED MARCH H. 1882 TO INVEST IN THESE
BONDS AND STOCK.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-10-23
PRESBYTERIAN SYNOD.

OF Pennsylvania. Denounces All Forms of
Imaginary sunday Dissertation
Chambersburg, Pa, October 22.-At
to-day's session of the PRESBYTERIAN
Synod, the committee on synodical
sustentation asked for an appropria-
ton of $4,000 next year, $1,000 addi-
tional for work in new fields. DR.. L.
". Hathaway, of New York, secretary
of the National Sabbath Observance
Union, spoke against Sunday excur-
sions, newspapers and bicycles.
DR.. Ebenezer Erskine, OF MELVILLE,
read a report on Sabbath observance.
The report precipitated a big fight. 1t
recommended the avoidance OF Scan
dalous sins" such as the saloon, rid
ing on railroad trains, Sabbath excur-
sions, Sunday newspapers, trolley and
bicycle riding. 1t was finally referred
back to the committee.
A spirited debate occurred on the
report of the committee which visited
the West Virginia University. It
recommended the appointment of three
ministers TO aid the Presbyterian as
ISOLATION there. with such moral and
financial support as necessary.
DR.. Robert Hunter, OF PHILADELPHIA
was reelected stated clerk for three
years, and Dr. ]. J. Beacim, OF Pitts
burg, permanent clerk.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-10-23
UNIVERSALISTS
Condemn Capital Punishment and the
the Use of Fermante1 Wine at
Communion.

Chicago, October 22.-Capital pun
ishment and the use of fermented wine
at communion were denounced at the
Universalist convention to-day. Capt.
tai punishment was emphatically con-
demned by several speakers, who were
enthusiastically applauded and the con-
vention put itself on record as disap-
proving of this form of punishment by
the passage of formal resolution.
Although there were no dissenting
voices when reference was made to the
official condemnation of the use OF wine
at communion, it was decided that
such an important step should not be
taken without careful consideration
and the resolution proposed was laid on
the table for action at the convention
of 1892 Meanwhile it is proposed to
agitate the question and those advoca-
ting the change predict that their ideas
will be ratified by the next convention.
Resolutions were adopted expressing
sorrow over the death of George NJ.
Pullman. The convention adjourned
sine die and will meet in Boston in
1899.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-10-23
WHEELING, W. VA, SATURDAY. OCTOBER % 1897
SAGE'S BIG SCHEME.

Forming Syndicate to Satisfy the Govern
ment's Claim Against Union Pacific.
New York. October 22.-The World
says: Russell Sage created a stir in
Wall street late yesterday by announc-
ing that he had been invited by Presi-
dent Mckinley to form a syndicate in
Union Pacicific railway on the basis of
satisfying the full government claim in
the Unicn Pacific. Mr. Sage invited
subscriptions to plan to be hereafter
brought out by him for the foregoing
object. The payment of the govern
ment's claim in full is understood to be
the first condition in this plan. Mr..
Sage's representatives announced last
night that he had received subscrip-
lions of over $4,000, 900 within two
hours of his announcement
1t was announced that he would con-
tinue TO receive subscriptions until his
plan was subscribed at least three times
over. AS in the bond transaction, Mr.
Sage thinks there is unlimited capital
available for the settlement of the Pa
cific road debts without loss to the gov
eminent and without b..nd pools.
Among the subscriptions reported to
Mr.. Sage's scheme were the following:
Russell Sage, $4,000, goo: R. T. Wilson
& Co., S10,000,O00; Samuel Thomas,
S10000,000; D. H. McAlpin, $4,000 900;
Kessler e Co, $1,000, 0O0; Bank of State
of New York, 1000, 600; VIM. Waldorf
Aston s5,000,000. Mr.. Astor's subscrip-
tion is said to have been received by
cable last night. Some of these names
represent other interests beside tie
signers.
1t is said that a large New York life
insurance company will subscribe to
Mr.. Sage's plan for s10000,00O
Mr.. Sage goes to Washington to-day
to confer with the President and the
Attorney General, at their request.
NEW YORK. October 22.-Russeli Sage
makes emphatic and specific denial to-day
Of the report that he is at the head of an
opposition pool to buy in the Union Pa
cific railroad.
The report is absolutely without foun-
dation," said Mr.. Sage. q have not been
invited to form Union Pacific syndicate
by Mr.. Mckinley No subscriptions to
the amount of $40 900, 600 or any other sum
have been made by anybody that I know
Of l have not subscribed S20000,00O nor
any other sum. 1 do not know that
would subscribe if a syndicate was form
ed. l am not going 10 Washington.
have not been invited by the President,
but 1 have been asked to go there by i'm
portant outside interests. There is so
much feeling among certain outside in
terests that it may be some concerted ac-
ton will be taken TO postpone the sale of
the Union Pacific property until all the
facts are thoroughly understood"
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-10-23
IF MUTUAL,
Grain Gambling Contracts Are Void and Of
No Efect-An Important Decision.

Grain Gambling Contracts Are Void and of
No Effect-An Important Decision.
Des Moines, Ia, October 22.-The
Iowa Supreme Court to-day rendered
an important decision affecting the
legality Of contracts between grain
spectators. In the case of Counsel
man & Co. VS.. Manuel Reichart,
brought up from the Cass District
Court, the court declared that contracts
for grain where the intention is mere
ly speculation on the chances of the
rise or fall of the market and no de-
livery is intended, are gambling con-
tracts and void. 1t is not enough to
render the contract void that the buy
er intends it as gambling contract
unless the seller participates in that
intention. That is, If in the case at
the bar, the defendant, in ordering the
purchase of oats, only intended it as
speculation upon margins without the
delivery of grain, and the plaintiff pur-
chased the grain for actual delivery,
it would not be gambling contract.
To make the contract void as be-
tween these parties, the intention to
make a gambling contract must be
mutual. 1t was held by the court that
the suit under discussion was one in
which no delivery was intended.