The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-09-10
WHEN ST. PAUL GOT TO PAR
EXTRA DITIpEND OF I PER CENT.
RAISES WHOOP AND HURRO0.
An Army or Messengers Race with the Vows
to the stock Exchange and the Horns or the
Buiia Are Exalted. with q Bear spiked on
Every Horn-stock Mt Par Last In 1855.

an extra uiNluehu Vi l per Coht- na
cold fact about 1t, and the average newspaper
reader probably won't sec anything in that
fact to get excited over. But II he been down
In Wall street yesterday about the time that
the announcement was made he'd have thought
that Hades had broken loose and that all the
little imps had fallen out OF the bottom and,
dressed in district messenger and news bureau
uniforms, were running to cover In the Stock
Exchange. These little Jumps, fleet of foot,
were chased by bigger ones, some OF them hat
less, some OF them c%oatiess, all OF them Open
mouthcd and SaspinR. There were 200 OF them
altogether, and maybe more, and all because
y 49,. nnnt ma W. 80 I,rtSnnd ~ ~ o.rt
t ~ w. .aS
AGAIN II the average newspaper reader haa
tho ,iro tbis aav,r,. ,,ord ~ ir,ns roaohoa
wy - 'hl' ~ aIiu VI n.y., ,~".
Hades had reconvened.
Here's a little bunch of facts that will help
to an understanding of the situation. st.
Paul used to pay S per cent. dividends. st.
Paul has alway. been a popular stock. That
Is, 1t was active In the market. and lots OF peo-
pie bought and sold 1t. Hard times brought st.
Paul down to a 4 por cent basis. For two
months the crop reports and reports OF other
S business n.. ,1', ma ano ny u nv ua.,.n,
na'' o'e" ie,oiso'' onousH " ""ii"'
story that st. Paul would go back to q D per
- c. p,,, s,,..-
yesterday was inc Gay the .. raui a,rec'ors
were to meet and decide what the dividend
shonld b,. St Paul olosed Wednesday NIGHT
=, oo,x W., ~. sto.l r,c,.ng. ,n,n.d
wasa.. 4. .o1a =. ooa< III. AZ
yesterday morning IL eolu AT eors- ING o.
- - ~ go 80 -ss ~. -
around there from the start. One was headed
nv Housmsn and William "A Oliver
~ y -. "A. AShoAAeA oAN W Ah~s ~
known In Wall street as St Paul bulls. Tho
o,h,, ~ n hs.d.d nv ~ a Wall Jim Raymond
NJ, n..o, "a 7 = N.n,,,. uho v.rn 49,
pon nN.ou' ~no ~ a.~H-
ms ths etock ana tneso opposing tae1iohs
shouted at Zach other; ia.
Every once In q while Q man on eacb sido
his hand and lust a. as II .n his &c Sppo n,na q, had d, IseS
at : o'clock in the ONCE OF the company on tho
stock Exchange didn't have a monopoly Of the
east.em M It The two "a concerns nee Ssot that ,S supply ply
n msns tt It hap sils't w sPs 'h having f5SA'f a:s th' They hey
SasSsf IN tn, SSss city. They y had special teicphcno
Ing. and within four feet of the door Of the
meeting room. where they mad reporters falling
offees printed slips telling the news, There
The r ssg 1919 dig,san T5s r Sno'hsr o mat , i bait S ss
cent. extra. another that said the regular and
q quarter per cent extra, another that said the
vidins for, every possible CONTINGENCY. They
were just held there In neat stacks waiting for
the news 10 tel! which stack vas The right one:
The news began coming TO their offices about
half past O'Clock. 1t read like this:
Bulletin &c, H. costsr Just go, on the elevator.
meeting room.
sailg.ln Sc H. coS'sr was 'niiins' He would
su;ieia The elevator ia stopping again
P Putts,in S-r"r1.rt,en, .nnnosss sipp,tao !,
.s -. l.,
LEAVING me ou.
reaus the reader car move to the eighth hoor
OF the tombstone ouildinF. !here At = O'Clock
a M cofbb III Wspe the = iar orU.G in,s ss ia
later chased the little ones in uniform through
Broad street hhey weTe S.aGohed there 70
snd out ln n, t what 81 ra9t mad done and
their arms, ,,, y, ~. G. d., r..
pany weFs {; II; cos WIi charles p: Dickey Jr,
.rieS iavton' Lame. II MdKinisv FAM t'S Z
soad. Ss9asl Spencer. Ee,.el Mils1. .ad
the msH ssa OF settlement 5s a IN their hands 1Sh ,,,,.
and bsars were ,till bSwline At Zach other and
n. IouS asoR ne" Of e ,hs b SptaS' A a ., sa1's sta Tea' e, So I'M
eject thA. 81 Paul would not declare q div
Aes.rs We'll and Ra{tnond and Bacon and
an9 so.d 10 81 r-e ard ne Is, pFi ,n. aEbopped ~ eishth :;
GOWN u sent eH1 SIT INC oeats pumped u
INTO me pulls me sntreF o. me pulls was
Monehtat5. lney oUG%hb ana. nxnunH t9oth
ana nan Lne ocAFs' sd" he s1"cA Ho up ana up
t"ss7si rd-sd ,o- 81 Paul" s,o,,od o,,r..
ua"a % - s 80 sno4Sen onIeI.
ne ana hO ,, nan mao zen Ss 70 VA eacn
other as a GAY uos, a mouse ~ He opportunity
70 DuI d u -; nayo tndt seems; r"a!cUioos
TThen tasy G9uIn nuy a. lney wanted at Ss9t
lhaI "hht tney were 9oihH, tnougn.
men olye on S ne a & Iiy icoh noF u 81 pe4i, ne
was pouhcea on ~ % II. Ntc9n, tieroert 1Toes-
peck, Jonh noG1thtia, ana teo Le'S; iake
~ they sheutso: tailnS On MS meek: ne man
Wno bPoAe nIst a. entiLIeo 20 tne taue. Trey
Al spoke AZ once, sia,ch chu: tney shouted
IN unison anl touF COINS cahe OUT WINE the
ouIs ana DeaTs TOT a moInent sIopp1G shoutni
anu saIuered lJieroe INC SainI. wIs OLD
man ouI Anu Sic9n; won second shot ana oIyer
vas ne meal log w snares at pat. nootay!
shouten Lao .'n~p- oC thu! = huhofed, put
u oiah go v. inc am sor az tne same Time
IT ruul "ts oneteu ~ ~. anu IL . the lowest
quotatioh Inn seSs on n ooatu'
IL was nov Th 5:zs:So T. n, up IN the Johnstone
oulidias. inc Gool or INC ooard room OF ~. raul
oRenedh; him mr. r boEser ws s,ep p Via Out sb ahd close, snd III IT
AFTER Mn "no surely ano INC
hundreas "a dhe hanmay Mado at MN no
shook nis Isaa ~ ,oush' ns Eay 10 Inc Go
VatoI, khspihst ioui set ~ ihhioc'