davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
STOCKS WERE HIGHER.
Fall of Santiago Was the PRINCIPAL
strengthening Feature of
the Day.
FINANCIAL SUMMARY.
Prev.
Close. Day.
Call money, New York. 1N@1h 1N@1%

NEW YORK, July 1.-THE stock market
showed a firm resistance to pressure all day
and when the News was received that San
tiago had surrendered on our terms, a vigor-
GUS upward movement set in, which wiped
out a large part of, the losses incurred in
yesterdays bear raid. The fear of the in
PRODUCTION of yellow fever into this country
If it should gain o fQothold among our forces
had as much to do with yesterdays decline
as did the fears sof military setback This
was Indicated by the sharp recovery today in
such stocks as Louisville & Nashville and
Southern Railroad preferred
There was a brief period Of depression at
the opening, due to sympathy with London
where the belief prevailed that the Snan.
iards would refuse to surrender Santiago. and
thus necessitate q long siege. The local beasr
early evinced uneasiness and bought stocks
to cover short contracts put out with great
confidence yesterday. Their confidence had
been unsettled, not only by the strong be-
lief expressed in official circles in Washing
ton that Santiago would surrender, but also
by q realization that the favorable effect of
the success of the government loan would
have to be met.
The covering movement was aided by a
raid upon the anthracite group, which yield
ed easily and dragged the market back to
ed very sluggishly until the final upward
movement. Net gains IN most active stocks
were near a point, and In some cases, not
ably Omaha and Hawaiian Commercial. gains
exceeded two points
The entire absorption Of the government
loan b spag }4el0glgt 9pa l9e~g practically.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
SENATOR KENNEY's CASE.

Prosecution Closes and Defense He
gins to Call Witnesses.
WILMINGTON July Ex-senator Richard
Kenney, of Delaware today faced the jury
in the fourth day CT his trial for aiding and
abetting William N. Boggs, the defaulting
teller of the First National Bank of Dover,
in the misarplication of the funds of that
institution
When Boggs left the stand last evening,
Lawyer Bird had begun the cross-eXamina-
permis sion of Judge Bradford, District At
torney vandegrift returned to the direct ex-
animation.
Boggs' direct examination being resumed,
he said that when in 1895 he first told Sena-
tor Kenney he was in default, Mr.. Kenney
when the witness expressed his fear OF ex-
posure:
you have concealed it before; don't see
why you can not do it again"
Three bonds, aggregating S3,10O, maze cut
to Senator Kenney, were identified by Wit,
been made out to the defendant just before
witness disappeared and were to support
Boggs' family during his absence. The bonds
had been given to Boggs in exchange Tor
checks he had been carrying along.
Under cross examination, witness said his
downfall was due to faro, poker and stock
gambling
The commonwealth here rested its case.
Senator GRAY then opened for the defense
and addressed the jury, saying that the
prosecution had failed to make out case,
hut that he would have Senator Kenney and
other witnesses testify in order to show cen
ciusively that the defendant is innocent.
Two witnesses for the defense, whose tesu-
uony was unimportant, were examined and
the court adjourned.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
MINNEAPOLIS LUMBER TRADE

nearly 10000 600 feet of lumber have been
I'oyeu out OF Minneapolis during the six
months. During the corresponding time of
laSt year there were but 100000 feet
shipped, and thus there is a gain over that
adSeJ s ot almost 90 per cent. There is an
1 luce satisfaction in this when it is re7jizsd
y vdsr r rne prices have ranged throughout the
ifar up to date have averaged quite a LITTLE
n ti,8a than they did for the corresponding
DCflng the first six months there has ale
peen an increase in the receipts of about q
per cent The figures are $3.50 coo for 1908 90
year. ISL nal Oh last
With the exception of 1893 when there was
ear Vast ,o amount no. Of lumber shipped in the
immense buildings of the worlds fair there
t nas not been a year when the shipments of
the hrst half of the year have exceeded
Teose Of the last six months. and SO it is
this year will show better trade than has +bo
part that has already passed. Already there
mas been shipped a total of upwards of * :
T IV9t feet more than there at this time
last year, and the remainder of the wear viii
surely more than double this excess. Eoll"r,
ing are the comparative tables:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

assured. There is no doubt that this will
release considerable sums of money held by
banks, corporations and syndicates re-
serves against bids for large amounts of the
bonds. AS an object lesson of the wealth
ana a! resources Of the country, this subscrip-
ton of $2oo,ooo,oOO loan, bearing interest
below the ruling savings bank rate, is ex-
pected to have striking effect
The movement in speculative bonds con-
tlaued large today and the upward course Of
prices was resumed, traders covering short
contracts CO put out yesterday. Total sales
sS,s2o GOO. Y. S. 5s and the old As coupon
Total sale of stocks today 22s, 600, includ-
ing 24,O55 Atchison pfd; 1850 Burlington;
o,o20 L. NJ; lO,3S5 Manhattan; 4.54O NJ. X.
& 7. pfd: 1886 N. ]. Central; 1905 New
York Central: $3.50 Reading: sos R. l.;
Il 800 st. Paul: 11,12O Texas Pacific; 1912
Union Pacific pfd; 1892 Spirits, 1850 To-
bacco; 1876 Peoples Gas; 1900 Sugar; 49,
400 Rubber.
The following were the fluctuations Of the
leading railway and industrial shares fur
nished by G. H. f. Smith & Co., members
New York stock exchange and Chicago board
of trade:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

The falling OF in the number of cattle
shipped from tie South TO the ranges of the
North is creating some tax. Many think 1t
is but temporary, due largely to the high
prices asked by breeders of the South, while
others claim that the falling OFF is simply
the beginning OF the end; that in the near
future the North Will depend upon the South
for cattle. Both sides are partially right.
South through Denver to the ranges OF the
North was considerably over 100, 600 head.
Until last year the number had besn pretty
close to that figure, but last year there was
a falling of TO about $4,000 head, and this
year there Will not be to exceed $4,000 head
sent North, if indeed there is that number.
Last year receipts from the South were fully
equal to the preceding years, but the cattle
vent 10 the corn states instead of to the
ranges. This year large percentage is &C.
ing 10 Kansas and Nebraska and COMPARE
uYeiy few to the Northern ranges. But TIE
Northern ranges are not going out of the
business Just yet. They have been stocking
up from the Western country but the pr n
clDal source OF supply has been at home
The advent OF the barbed wire fence en-
Northern ranges, the cutting up of the rarge
country into farms. thus making it rot only
possible, but abso utely necessary to care Tor
the cattle during the winter, has brought
luton tat is going on. The PRINCIPAL re, SIN
why Northern cattemen have foLrd il chea J.
er 10 bring in their cattle from the bres ding
IaESes OF the South has been The trouble and
Stpehse OF bringing calves through the fl st
Win,er. Under the new order of things I e
caves can be cared for with the rest of The
cattle without additional expense, and in
stead of selling their cows The Nortborn
raneemen have been heavy buvers Of ~
s.ock, and last winter there were a larger
NUMBER OF calves carried through than in
previous years Tor some tine. 1t meas hat
the Northern man is going to raise his own
cattle in the future unless the Sontborn
pteeder brings prices down TO a po'pt whrre
'HeE can AFFORD 10 buy.-Denver Stockman.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
OTHER GRAIN MARKETS.
GRAIN GOSSIP.

Gossip by private wire to G. H. F. Smith
& Co., st. Paul, members of the New York
stock exchange and Chicago board Of trade:
Price Current Corn crop moderately less
assuring, much of 1t approaching critical
condition from lack of moisture. Wheat yield
appointments continue. Dat crop good but
official indication regarded excessive.
Kelly, st. Louis, says: One OF our largest
exporters says he can sell hard wheat for ex-
port. Galveston and New Orleans f. o. b., 8
and &c over Chicago September, but is afraid
to do so farmers will not let them have
the wheat
From the leading winter wheat sections
ent prices. this particularly the case in Ms
souri,, Kansas, Tennessee and Kentucky.
NEW YORK.
NEW YORK, July H.-Flour-Receipts,
@.CS7 bbls: exports, Fps bbls; dull ana
STEADY WheatmReceipts s2 e, bq exports
o. b., afoat export grades; sSaac I. o. D.
afioat end of July, Sc elevators. Options open,
ed steady but quiet, thereafter they ruled
inactive but maintained substantial u-de--
tone on wet weather predictions, covering,
bullish price current report foreign buying
and foreign business; closed A@Ac, h gner
Sales included No. red, July S0@Slc; close
SO4c. Corn-Recelpts, 5S,425 bu; exports 81.
Spot steady; No. red, 371ac; options steady
all day on dry weather news and the I'M
provement in wheat closing 1sc net higher;
July 35tsc; September 365s@36&c; c.osed
36Ac. Oats-Receipts, 1000 bu; exports
24o, 4O4. spot, Quil, NO 1ic' NJ. . VIM
29c; options, dull and nominally lower IN
absence of speculative demand; closing 7sc
net lower. July closed 26c.
ST. LOUIS.
ST. LOUIS, July 14.-Wheat higher but un-
settled No. 2 red cash, elevator 12c; track,
Tx @74c; July, 691sc September, 65s q6Sa4c
December 665sc; No. hard, nominal Corn
higher; No. 2 cash, Sic July, Bose; Seq
tember 307sc. Oats lower; No. cash, 2Sc
track, 24@24kc; July, 22l2c; September, l9A
@l9asc; No. white, 27@2sc. Rye wanted at
45c. FlaXseed, 87ac, July.
MILWAUKEE,.
MILWAUKEE, July 14.-Flour steady.
Wheat dull; No. 1 northern, SOC; No. 2 north
ern sec; September, 70Ac. Oats steady, z6Q
&c. Rye firm; No. l. 4sRc; July, 4ic; Au-
gust, 45c. Barley nominal; No. 2, September,
SIC.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
Threshing Returns and Dison
ing Crop News Caused an
Advance
WHEAT SUMMARY.

CHICAGO, July 14-ThreshIng returns and
disappointing crop news caused covering hv
SORTS today in wheat. September advanced
Aahe, corn rose A@asc, and oats 1sc. Pc. k
and ribs gained PFC each and lard &C.
me Cincinnati Price Current came to tho
rescue OF the downward tending wheat mar
Ket az the start by remarldng that the dis
appointment as to yields continues and that
former estimates were being steadily re-
duced. This, together with private advIces
from some sections of poor threshing returns
INFUSED a little courage into believers in q
small crop. Shorts were also impressed to
the extent of covering some of the wheat
sold during the weak spell yesterday after
noon. me London market was likewi e firm,
and Cd a quarter higher for 'soff coast and
on passage and as a, consequence the price
OF september hero advanced &c over last
nights close. An attempt. however. to Sc
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
RECEIPTS AND SHIPMENTS
DULUTH GRAIN.

slightly weaker; September opened UNCHANGED
at 6S14c. sold off to 6sssc at 1880, and at
l2;3O was quoted at 6s1a@6S5sc No cash
bu. Shipments-Wheat, 165, 2S4 bu; corn, 11s,-
goo bu; oats, 2,400 blu; No. rye, 6,O64 bu
September. closed at 6S5sc; spot No. 1 hard
SIZE No No. northern s5hng &C. No northern
hard. 90c No. 1 northern, S5c; No / hard,
July, 9Oc; September, 695sc; No. northern
J July soc; oats. 24A@23Ac; rye, 4s%c; barley
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
$4,000 Peonle

Attended the great Fair at Omaha on July
4th, and every days attendance is CORE
spondingly great. People are coming from
white City" Don't put off too long te-
fore making visit yourself 1t Is the great
est object lesson of the age. The bsst ra
service from Minneapolis and ST Paul 10
Omaha is that offered via 1.-The North Vest
ern Line1C;, st. p. NJ. G. o. Ry. Secure
excursion. tickets and Information at Alb
Nicollet Avenue, Minneapolis; or 395 Robert
St, st. Paul.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
LIVE STOCK MARKETS.
A General Light Run-GoOd Prices
for Everything ORering-Im-
prOvement In Quality of Hogs.
South st. Paul.

SOUTH ST. PAUL, July 14.-Receipts at
the Union stockyards. were: Cattle, 100:
calves, rs; sheep, 100; hogs, 400. The general
stock Of good quality Offering. The market
was strong, except for common lots Hogs
were of better grade than Wednesday and
the market was steady. Everything in good
demand. There were some good sheep among
the offerings and prices were steady. WIFI
an active demand.
Hogs-The offerings sold out early at YES.
terday's prices. While the general Gualifv
was common, there were few good lunches
Representative sales
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
DECLINE IN SPRING LAMBS

1T Inc decline in spring lambs during the
pas week was as severe as it was sudden
TOT some llme they were dangerously high.
anu such drop was not unexnected and
anlinedlateiy previous to the break this paper
cautioned ,ah d, country buyers against paying too
t nuch. me supply Of lambs at this season of
sIe year is usually large, and dealers on
Doih sides of the market were surprised that
b bi d held up so high SO long. There is
oIs Ginerence IN choice and secondary lambs
anu buyers usually make a broader distinr
9 tu than seems to be warranted by the dir
ference IN quality. 1t is a big mistake -,
I market inferior lambs and expect a good
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
FUTURE OF PHILIPPINES.
Powers May Oppose American Sow
ercignty Over the Islands.

ercignty Over the Islands.
PARIS, July 1.-THE Matin has received
from its Lord. n correspondent who has
unusual sources of information, dispatch
in which he says the European chancellories
are now discussing the question OF the even
tual intervention of the powers in the Phil
ippines The ambassadors at Berlin, the cor
respondent adds, have ad ised their govern
ments respecting Germany's line of pol .cy,
which seems quite settled. Germany would
prefer the maintenance of the status quo.
but if as a consequences of the war Spanish
sovereignty disappeared, American sover-
eighty must not be its successor. An inter
national agreement, the Matin correspondent
further asser,s will lie est b!i had, and the
powers interested in the islands would each
be called on to protect its own interests The
correspondent Odds:
This is the logical outcome of the Monroe
doctrine the principle of which will be en-
ployed by Europe in order to protect itself
against American interference and, unless
appearances are deceptive, Great Britain in
spite of the talked-of Anglo-SaXon alliance,
will do the same es the other pnweIs.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

seed-No. fax, 81; timothy. s1.lo@1.25; red
clover, s2.S0@3.15.
Flour-Patents, per Dbl, s4.S0@5; straights,
s4:4OG4.SO; bakers. $4,000; rye -four, $3.50
@3.
Ground Feed and Millstuffs-No. / feed. s1270
Coarse Cornmeal- $12@12.5O.
Bran-$10.75Q11.
Shorts-In bulk $10.50@11.75.
upland; choice Iowa and Minnesota upland,
$6.75@7.50; No. / upland $6@650; low
grades, $4Q5; good to choice timothy, 1919
@7.50.
straw-oat. s275@3; rye, ss@s25.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

Cash quotatlons were as fo1Iows: FIouf
steady. Wheat-No. 2 spring, old, soc; No.
spring, old, 75@s2c; No. red, new. &c
Corn-No. 2, 32@32lsc; No. 2 yellow S2A@
32hc. Oats-No. 2, 23c; No. 2 white. 26la@
26ac; No. white, 25926c. Rye-No. 2, 460
4611c. Barley-No. 2 31@34c. F.axseed-No.
1. s1.041s. Timothy Seed-Prime 81 So. Pork
Mess, per Dbl, s9.SO@9 So. Lard-Per 100
lbs. $5.55@560 Short Ribs-Sides Qoose),
s5.45d5.75. Shoulders-Dry sailed (boxed),
4A@5c. Sides-Short clear (boxed), $6@6.2o.
Sugars unchanged. Receipts-Flour, $500
bbls; wheat, $500 bu; corn ISL ,3O0 bu; oats,
131, 800 bu; rye, none; barley 1,500 bu Ship
ments-Fiour $500 bis; wheat, $500 bu
corn 23O,1O bu; oats. 469, 100 blu; rye, a.
coo bu; barley, none On the produce ex-
change today the butter market was brisk
demand good; creameries, 12@1sc; diaries, ii
G131ac. Eggs firm; fresh, 111zc.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
ST. PAUL GRAIN.

Quotations on hay, grain, feed etc., fur
nished by Griggs Bros, grain and seed mer-
chants:
Wheat.No; 1 northern. sS@ssc; No. north
ern, S5087c
Corn-No. 9 yellow. so@s1c; No. 8, 2s@sOc.
oats-No. white 241s@25c; No, 8, 1910
Barley and Rye-Sampe barley, 24@32c:- NO.
rye. 4S94S11c; No. rye, I@421hc.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
MISCELLANEOUS.


NEW YORK, July 14.-Coffee options OPEN
er. Ruled inactive with weak undertone fol-
lowing bearish set OF cables from foreign
markets, heavy Brazilian receipts, light spot
demand, some warehouse deliveries Close
quiet, unchanged to points lower Sales
4,5O0 bags including September 5.5595 CO.
Spot coffee Rio dull and nominal; mild in
active. Sugar-Raw, firm; tending up fair
refining, 3k; centrifugal. So test, AS; re-
fined, firm
NEW YORK DRY GOODS.
NEW YORK, July 14.-The market for dry
results, while heavy enough to give a basis
for future belief In the market for fall goods,
are not heavy enough to satisfy sellers. There
is sprinkling of buyers In town, but they
are not enthusiastic or liberal. Orders from
road statesmen are in general fairly good.
Mail orders have done much to bring the
weeks average up to reasonable figure Out
OF town jobbing houses say that the con-
Stunning trade continues lively. Wooden goods
men are preparing to show sales and make
prices on light weight goods next week.
BUTTER AND EGGS.
NEW YORK, July -Butter-Receipts,
5,3H pkgs firm; Western creameries, 1870
@17c; Elgins, lie; factory, 11@12Ac Eggs
Receipts, 6,4S6 pkgs; firm; Western. lac.
HIDE MARKET.
MINNEAPOLIS, July 14-Receipts are light
and will not increase until harvest. The mar
ket is substantially unchanged There il some
talk OF lower prices, but the supplies are so
light that there are orders enough for all
receipts. While G. S. hides are commanding
such high prices they should be shipped in
G. S. calf skins are not in as &C I've demand
as hides Dry hides are steady
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

ASt'l III excess OF 1857. 01o on1
IN addltion TO this it is apparent thai he
rye crop OF Europe will at least assume its
~ va PROPORTIONS, thereby adding l25OOO COO
E lsl the demand on this country for far
k wheat; compared to last year fully Is 600 oOo
Dushels, This is perhaps unfortuna e but +
Inc potency OF statistics has kept corn rn;ne
oos.y low fer the last three years. but as III
year crop bids fair to be partial failure
i 5. planting it woud be astcni hing If IL
tlu not sell materially higher some time he
tweeh now and November. StatisticalIv il
should be so.-Chicago Post. II
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
Real Estate Transfers.

D Fenton and wife to William D Fully,
1t II, blk 16, Stinson add, and 1t 3, blk
Auditors sub No. 49, 900
William Fultz to Mary Fenton, 1t IT,
blk 16, Stinson add, and 1t 8, blk 2,
Auditors sub No. ACKNOWLEDGEMENT. 1900
G. W. Garrard and wife to E. Vincent
ct al, part Sc a of sw Il sec %, 80,
q .'......... foo
Anna NJ Iverson and husband to L T
Chamberlain, so fit, 1t /, blk 3d. West
st. Paul prop. ..................... 1880
Cora w King and husband to F Ran
som, lt16, blk 8, Kings add ........... COO
Lena Boelter to Maria Erp, 1t %, blk g.
Hirmingham's add ....................,. 400
S F Hayes and wife to R ST. Clair, 1t
"a, l. K Stones add. Observation-Disclosures. $50
Alice Flournoy and husband to w
Carpenter Its 10 to "a inclusive, Man
Total, eight transfers ..............s $40, $50
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
WHERE IS CARRANZA2
Stated Positively He Did Not Sail
with du Rose

MONTREAL, July 14.--Yesteriay there
were rumors that Lieut.. Carranza did no.
sail with Senior du Bose. Today it Is stated
positively that Carranaza was inpersonated by
some unknown person and did not hoard the
ship Where CarranZa now is is q mystery.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
building Permits.

The following building permits were issued
yesterday:
Christian Buesiaeger. dollhouse, Dale
street near Charl s.................. 81, 2o0
T E Berg, one-story frame dwelling.
Marshall avenue near Wheeler ave.. 1900
Thomas Flaherty, two-story frame
dwelling, Jackson street near Como
avenue ........... 80. 1'Voo
d I.,s Arms Tong street hear Bay. 300
Two minor permits Observation-Disclosures. $50
Total. SIX permits ...........s4 1850
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
WHY WHEAT Is FALLING

Why is wheat down In the eos todayq
us see From all reliable reports both nub-
Tic and private, this year promises IN he
reconsideration the world over for wheat as
ene excess of probable production in countries
enumerated Will show: =" COUNTRIES
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
TO SAVE THE COLON.
Admiral Sampson Takes Some Pre-
cautiOnHrX Measures.

OFF SANTIAGO DE CUBA (via Kingston.
July 1D.-Admiral Sampson this morning sent
the battleship Texas to make the wreck of the
battleship Cristobal Colon fast to the shore
by hawsers and cables. The Colon lies bow
on the bank, stern deep in the water 1t
was feared heavy sea would wash her
into deep water as the bank is very steep
and it is impossible to float her. 1t has beer
decided to attempt to raise and repair her.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15
BOSTON MINING SHARES.
NEW YORK MINING STOCKS.
WALL STREET GOSSIP.

New York stock gossip reported by H. Hol-
street, National German-American Bank
building, ST. Paul:
Post & Flagg wire us: '"The news on
which the market was sold down yesterday,
the prevalence of yellow fever in the army,
was confirmed this morning and, in conse-
quence, the opening was at low figures. The
selling having been mostly professional and
not being able to bring out much long
stock, the sellers turned buyers and com.
mission houses also having orders on buying
side, the result was that the market became
strong and recovered in an hour the decline
that took all day yesterday to bring about.
London has been small seller on balance
today. Speculative bonds also had quick
recovery today from yesterdays decline, and
whole market shows great underlying
strength. On report late in afternoon that
Santiago had fallen, prices began to rise
highest prices Of the day.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-15

Cattle-The supply Of butcher cattle was
short. and the few decent butcher steers
and cows on the. market sold at strong
prices. Good stockers and feeders are iI3
demand, but common stuff drags. as usual
Representative sales
Stock Cows and Heifers-