The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-06-20
TO PURCHASE A SITE
For the NeN COmpress-h. N
Hagan Returns and Talks
Interestingly OF His
m..gp
Trip

II. II. Hagap returned last night
from st. Louis, where he had been 70
complete the deal relative TO the erec-
tion Of the cotton compress in this city
Mr. Hagan is very much pleased with
his trip. and reports that the cotton
compress deal is closed, and that the
company will be Incorporated and the
site for the compress selected this
week Mr. Jeager, the president has
about completed arrangement Tor al
the machinery.
Mr.. Hagau states that local news
papers made an errcr in saying that
the oil mill matter had been fully ar
ranged. This deal is with an entirely
different person, and the arrangements
will not be completed before a week.
He believes, however, that the oil mill
for Guthrie is a sure thing.
Speaking of his trip, Mr.. Hagan says
that three years ago, when he was ia
st. Louis trying to sell Oklahoma
bonds and oklahoma securities he
could not attract the attention OF any
broker or capitalist. But on this trip
IL made no difference where he went,
or what place, or how busy the presi-
dent OF any big financial corporation
was attracted the very instant that
Oklahoma was mentioned. Three years
ago IL was, " You are in barren coun-
try, where there is no law, and where
Il never rains, and you have no sett ed
laws TO protect capitalists" but now
IL is, On yes, you are from the wheat
country Of the United States. You had
good crops last year. and l am told
that you have better crops this year.
All our merchants speak highly Of
their trade In Oklahoma. The drum
mers, who come from Oklahoma, say
that you have the thriftiest and the
most prosperous country in the United
States. You certainly have a bright
future YOU This is the song sung 10y
nearly capitalist. Three years ago not
broker would touch Oklahoma bonds
and now every broker whom you ap'
proach says, Send on your data;
can sell these bonds. How much have
your Oklahoma is a good country
and we also learn that your courts out
there uphold the integrity Of the con
tract and don't al ow any repudiation
r so long as you do this your security
will bring you good prices and be II
demand"
Mr.. Hagan declares that he saw n,
such crops in Kansas or Missouri as h'
saw from Guthrie 10 the Kansas stat'
line The corn in Kansas, from Mul
vane TO the Kaw river is very poor. /
is almost total failure around EN-
poria. The farmers report that In the
western part, from Newton on west
the black rust has struck the wheat
II has rained nearly every day for SIS
weeks and IL is now almost impossibl
TO get into the fields. The farmers ar
kept awake aud walking the floor
They are very uneasy over the outlool
for harvest. The wheat In the grea
Kaw river valley does not begin 70 b.
as good as we have here In the Cotton
wood and Cimarron valleys The corr
In Missouri is very backward, but bet
ter than in Kansas. The universal or!
everywhere is, "Too much wet
weather"
The merchants OF st. Louis com
planned that the last six weeks hav
been the worst time for many years
fThey have had rain there nearly ever.
day. The bankers say that never II
the history OF st, Louis has there beel
so much idle money in the vaults o
the banks.