davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27

Demand for Cash Expected to In
crease in Volume now That the
Close Of the Year Approaches,
and There Will Be Dividends to
Pay and settlements to Make
The Outlook Favorable.
NEW YORK, Nov. 26.-The F'inan-
cier says:
The bank statement of averages for
the week ending Nov. 26 shows a de-
crease Of 81, 345, 400 in loans, and a gain
Of s764,300 in cash. AS the loan con-
traction has affected the deposit total,
the reserve fund requirements have
been lessened, and this, with currency
receipts, sweIled the surplus 81 $50, 200
making the excess above legal reserve
SIS, 357, 575. The statement is confusing
in several directions, but as it does
not cover the full week, the probabiIi-
ties are that the conditions reflected
do not prevail today. The banks have
an unusually large amount of money
loaned on collateral as result Of &C
tive exchange transactions and borrow
lngs incident to operations OF syndi-
Gates in connection with recent re-
organizations and interpretations, and
the loan total, therefore, is susceptible
of sudden changes. The closing of sew
eral syndicate deals recently has re-
turned great deal of money to banks,
and this may be regarded as con-
tributing factor toward the fluctuations
noted. Still, it is to be observed that
the decreases in one bank account al
most altogether for the changes in
loans and deposits for the week. The
international exchange situation
changed somewhat during the week,
and the evident trend of sterling, fore
, shadowing smaller profits in invest
mentS, has ieSsened buying. The alb
sorption of large quantities Of sterling
bills has contributed directly and indi-
rectly for some weeks past toward
swelling the loans of New York banks
The loss of specie for the week
amounting to 1872 100, was due to OPP
erations with the treasury, represent
ing the balance which the banks owed
on settlements and sums deposited for
Geographic transfers to the South The
gain in legals reflects the trend OF
money from the interior to this center
although at the close of the week il
was estimated that the banks had lost
nearly or quite as much as they gained
The banks are increasing their circu1a-
ton to an appreciable extent the new
per cent bonds being used as a basis
III the statement is to be regarded as
typical of circumstances controlling
the money market, the outlook might
De SAID 10 faVor easy conditions, but,
as the close Of the year usually creates
a demand for funds to be employed in
dividends and settlements it is not
impossible that rates may harden
slightly. The constant outward move
ment Of cereals and manufactures is
adding TO the balance owing this coun-
try abroad. The only offset last week
was selling Of American securities on
German account, and this is about
over. When this la iG IN he ool-
lected is uncertain, but the next thirty
days viii show whether loans to Eu-
rope are TO be continued or called for
payment"
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
WALL STREET BUNCoED.
Benten at It's Own Game lay a Bnnd
of Rank Outsiders

NEW YORK, Nov. 26-WaH street
has been beaten at its own game. Such
manipulation as was done in the stock
Of the Eastern Elevator company. Of
Buffalo, by rank outsiders seems to
have taken the breath away from the
average Wall street operator, as well
as taken many dollars out of the bank
accounts of others.
Details of this deal were made pub
lie when Chairman Mcclure, of the
stock exchange, announced from the
rostrum the suspension of Isaac B.
Newcombe for one year and Edwin w.
OrVis for one month.
These brokers We're charged with
making fictitious quotations in East
eln Elevator stock on the floor of the
exchange.
Early in the summer a dapper-look-
ing man giving the name of Edward
y. Cook called at the Office of a we'll
known brokerage firm, desiring to
oren an account He gave as a refer
ence the name of a relative who is a
partner in one of the largest firms in
this city. His account was accepted
and margin of per cent deposited
against all his trades. He bought St.
Paul, Burlington, one or two other
standard stocks. and 200 shares of the
Eastern Elevator stock
From this beginning his trades be-
came quite large, though with each
order for other securities he never
failed To slip in one for Eastern Ele-
Vator stock. Little by little he closed
out his holdings of the standard stocks.
but never gave any order TO sell the
elevator shares.
Finally it was discovered by the firm
that ii was carrying about 500 shares
of this practically unknown stock on
an average margin of 10 per cent.
This was the method pursued with
several other houses in Wall street
Cook WAS Joined in his scheme by Geo.
II. Lee, who lived at the Waldorf-As-
toria during his stay in this city. and
by man named Mcdonald. all of
whom have disappeared. The profit
which the ''manipulators'' secured
came cut of the brokers in the follow
ing manner:
Cook for example, owned 900 shares
of elevator stock, which cost him. saw
$50 per share. He gave an order to a
broker 10 buy the stock for him. de-
posting 10 points margin in $4,000. Al
the same time another broker-NeW-
COmbe-waS ordered to sell the stock
obtaining $65 per share, or SOS. 600
Cooks cost would be $4,000 original
investment and $4,000 margin. making
a total of $30.000-the broker provided
$4,000 of the purchase price. The
broker selling the stock would receive
the fun sos, 600. leaving a net profit t.
Cook Of $4,000
As no effort was made to protect the
purchasing broker from loss when the
stock dropped out of sight the broker
held the certificates and Cook has the
cash
He and his friends succeeded in sell.
ing about 2.500 shares and taking fully
$4,000 out of the brokers' pockets.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
E"PER0R'S THANKS.
They Are CabIed to German Evan
EeIicuI Chicagonns

CHICAGO Nov. ga telegram has been
received from Imperial Secretary Won Buelow.
Of Germany. by the pastor of the German ST.
James church. OF Chicago, expressing graft
fiCation and thanks in behalf of Emperor
William fer the resolutions adopted at a
meeting OF German Evangelical Christians in
Chicago Oct. 80. at which time a telegram
was sent 70 Jerusalem thanking Emperor
William tor the interest he took in the build
ing ard dedication of the Evangelical church
IN Jerusalem. The telegram reads as follows:
Baden Beden-To Pastor ~ Bolt Chicago:
His majesty. the emperor and king, has re-
ceived the news of the festival service he,o
Oct SO at the New England church by Ger
man Evangelical Christians. with liyeliest
satisfaction. and sends best thanks
Won BuolOw. Imperial Secretarv
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Eufonean Travel,

-~---~--~T~-I-l~~
~ RoPE-Grand Christmas excursion Dsr
solalty conducted; leaves S. Paul Tlar 4
ior TIE Splendid Palatial passenger stzs.,,1
snip -IongaEiro, sailing Pee 6: FIRST cshir,
only 500; second cabin Ss5: steerage SSS -
10 laYerpool, London or Glasgow: SOS 81 IN
ali SCANDINAVIAN points; no revenue tax.
no hotel expenses: excellent accommosa.
tyls- For particulars address John q.
Alien, Gent. Northwestern Agt. No. ia
Eas- Third 81 81 Paul, MINI.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
want "a New Depnrtpent.

CHICAGO. Nov. &.-The National Business
leSsue today sent 10 President Mckinley p
long letter relative u the establishment Of
a form OF department of commerce and
industries. The letter which is signed h.
Ferdinand ". Peck, Erskine NJ Phelps s
III. Revell John W. Ella. f. C. Keith ana ths
other members of the executive committee OF
the league, urges favorable action on bills
for the establishment OF the department
which are now pending in congress.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Auction Sale.
20 words or Less. zoe.

- words or Less, zoe.
A HIGHLY important sale at auction of a
valuable and in eresting collection CT rare old
mahogany furniture, chiIa, cUtley. engrav-
lngs, OIL paintings. etchings, brass good :.
old dishes, Oriental rugs. carpets. miro 8
bric-a-brae ard other antique goodz. Sale
will take place Tuesday and "wednesday,
Dec. and I. at 10 a. n. and D. m
precisely each day. The entire collection
viii be on exhibition the day previous TO
the sale. Catalogues will be maifd upon
application free of charge. Hubert Bcwn
Co.. auetic1eers. ii and IS Seventh street
south. Minneapolis.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Horses and GaTriegss,

- words or LESS, zoe.
FOR SALE-Three heavy teams of working
horses; weight between 1880 and 8. 800; good
single driver and good full team: cew for
SAFE or exchange. LEI East Indiana aY.
FOR SALE-A gentle family horse. years
old. li50 pounds; will exchange half for
proylsaons or LIQUORS or cigars : 69. Globe.
FOR SALE-Horse, eyglits years cid s25. Cali
Sunday afternoon. cs0sS Robert 81.
FOR SALE CHEAP--TE S-sea.ed sleigh. Ca i
81 sos Portland av. g
EORsES-An kinds pf horses Constantly on
hand at G. ". WeEswp-,h & Cos South ST
Paul SsS
WANTED TO Bty-tA slight cutter in good
condition. must heslshess fsr cash. address
\ GS. Globe
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
YOUR CREDIT is GOOD
ACROSS THE BRIDGE.
You Can Get rs Per Cent Discount
for Cash
90 Words or Less, zoe.

Tor Cash.
500 new and second hand heaters thai must
be closed olt this week regardless of cost:
nice bedroom coal heater, from Pee up;
seit-teeder, . up; new nfckel-trimmed self
feeder, l5-inch fire pct, best style CRATE, fuIl
base heater. only SIC: large line
OF steel ranges from sI7.95 up; cook
stoves end ranges with water fronts at
prices ,has you can't Duplicate in the North
west; can save you money on iron beds,
chamber suits, odd dressers. folding beds,
Ded lounges. touches, rockers, carpets, dra-
perleS. lamps, onyx sabies. Arabian japanese
smyrna and ingram rugs folding screens.
&c Ia TACT everything in the hOusefuTnish-
Ing lire; your old furniture and stoves
taken IN exchange; your credit is good. /.
k9iz, 1868 South Wabasha st. Telephone
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Board Offerea.

20 Words or Less. Zoe.
BOARDING. large, well furnished rooms
with good board. and all modern conven-
fences: central location. 48 West College.
BOARD-Fine large. wel,-heated front room,
partly or completely furnished; other pleas
ans furnished rooms: all conveniencss; first
class board. $50 Selby.
BOARD-Rcom and board offered in private
family on the hill; south front room; mod
crate terms. l5s Portland aY-
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
FOR RENT.

THE BEIFELD-THE BEIFELD-
LEASES TILL SPRING
RANGE, LAUNDRY TUBS; BEST
OF JANITOR SERVICE, FOUR TO
EIGHT-ROOM FLATS, $50 TO s2s.
SHEPARD, 81 EAST FOURTH.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Houses for Rent.
20 Words or Less, zoe.
FOR RENT.

FOR RENT.
512 selby Avenue. Near Mackubin-n
rooms, furnace, gas, bath. etc.......... $50
SeVllle'-Flat 4. up-to-dq.e steam heated
nat; gas, range and CRATE, stationary
laundry tubs, etc .......................3 So
" Park Place-10 rooms, furnace, bath.
cioset etc Observation-Disclosures. %
sS2 East Seventh Street-Store and rooms
Sls Park Avenue-Seccnd floor; four rooms;
cfstern and well water ............. S
y East Chicago Avenue-Conyeniently To-
Gated fats; all in good order:
Flat D. thild floor front, four rooms 10
Fiat s. tsiTd floor front, four rooms 6
10 West Fifth Street-Two rooms third
679 Edmund Street-Store and fiat ... Is
l42 East Ninth Street-Twelve rooms; city
water ....-..-.-..--..-. ACKNOWLEDGEMENTS. Is
los Morton Street-Seven rooms; cistern
and well water NEUTRALITY-SUSPICIOUS.. s
lo6 Baker Street-Seven rooms; cistern
and well water neutrality-suspicious.. s
500 Goodrich Avenue-Eight rooms, city
water and sewer connection ........... Is
106 Mississippi Street-Seven rooms. 800. s
I23 Sherburne Avenue-Three rooms; one
STORY mouse ::................... 4
S45 Fremont. Avenue-Eight rooms; city
THE ST. PAUL TRUST COMP ANY
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
koieIs.
90 words or Less. zoe.

20 Words or Less, zoe.
WORKINGMEN'S HOME-AIl new, remod-
eled, furnished; large reading and sitting
room: a good. cheap home for the winter.
Office, 127 East Eighth ST, corner kighth
and Robert.
HOTEL IMPERIAL = New. remodeled, fur
nished steam-Aeated rooms. with all con-
veniences; cheap for the winter. Is East
Eighth, near Wabashe,
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
soofin

ALL KINDS OF GRAVEL RoOPING-tte-
pairing specially: city or country. Amer
icsn Roofing Co.. ONCE 100 East Third 40
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Pianos,

7~->~~>~~~~~~~o-~~~~o-~-~--
BARGAINS THIS WEEK-One nne SQUARE
s35; one Steinway square SIS; one Fischer
upright. S145; one Steinway upright SI5:
one Chickering, y165. Call at No. IA West
Sixth St s. w. Raudenbush Co.
PIANO TUNING, a.50-Pianos and organs
repaired; strictly ffrst-class work Address
y T. Crutchett. general delivery, postoffice;
best references.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Anybody Outd Work
In St. Paul or Minneapolis
May Insert an Adver-
tisement in THE GLOBE
FREE OF CHARGE |!
OTHER WANT ADS AT
GREATLY REDUCED RATES.
IELP WANTED
MALE Or FEMALE.

ri Sc Paul Ads
III 20 words or less Zoe
Ill Ouf.of- Town Ads
II 20 words or less zoe
Board Wanted-2O words or less Toe.
Board ORered-2O Words or less Toe.
For Renf, z Ooms-2O words or less Zoe
Wanted, ROOms-2O words or less Toe
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27

LOTS, up to grade, on Lincoln av, two
blocks west Vlc-oria St, for sale cheap by
owner. 323 jackson ST.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
MONEY is PLENTIFUL
OUTWARD MOVEMENT OF CERE-
AIS AND MANUFACTURE
ADDING TO BALANCES
HEAVY DECREASE IN LOANS

Demand for Cash Expected TO In
crease in Volume now That the
Close Of the Year Approaches,
and There Will BE Dividends to
Pay and settlements to Make
The Outlook Favorable
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
Situations w anted.-F Females

BOOKKEEPER-Lady experienced In office
work or clerk. Address BS0kkeepeT. rear
Col Wabasha
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
An Underground CITY.

In Galicia, in Austrian Poland, there
As 81 remarkable underground city,
which has a population of over 1000
men, women and children, cores of
whom have never seen the light of day.
1t is known as the City Of the Salt
Mines, and is situated several hundred
feet below the earth's surface. 1t has
its town hall, theater and assembly
room, as well as a beautiful church dec
grated with statues, all being fashioned
from u pure c~rystallized rock salt. 1t
has well-gradcd streets and spacious
squares, lighted with electricity. There
are numerous instances in this under
ground city where not a single indi-
vidual in three or four successive gen.
crations has ever seen the sun or has
any idea of how people live in the light
OF day.--Ncw York Herald.
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
Frtehtcncd Awoy.

"No," said a man who was sitting on
a box in front of Il grocery store. II
can't say as l know very much about
Alaska"
His companions looked at him in as
constituent. 1t was the first time he
had ever admitted not knowing much
about anything.
II reckon, then, that you're not think
ing about going to dig for gold," said
one %bystander. 4,
NO"
"Mebbe, though, as the stories OF
sudden wealth keep pouring in, you'll
change your mind,' said another.
"It won't be possible. I've been
there"
"And came back without getting
rich"
"Yes. I didn't much more than cross
the boundary line before 1 turned
around and struck for home"
"Scared:" ~
THAT'S the answer"
'What of? Polar bears:"
no.
supplies give OUT"
NO. l hau plenty OF lood. WHAT
changed my plan was seeing a man
digging a hole. l had these ideas about
gold being found any and everywhere.
and l Went up, thinking to get some
points about mining. l asked him, in
an offliand way, whether he had struck
any pay dirt yet, and he turned around
and glared at me and said: Young
Teller, what do you think l am digging
this for? l told him l thought he was
digging for gold. He glared at me
again, and said: Gold nothing! I'm
doing this for fun. I've been living here
for four years, and there's one thing
that my curiosity has never been sat
listed about. I'm going to dig this hole
good and deep sc as to allow plenty OF
room, and then find out just how far
down this climate will make the mcr-
curry co."
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
stock bitten by DOGS Dies.

The city council of Huron has been
asked 10 take action relative to the muz-
cling of dogs throughout the city. For
several weeks a disease closely resembling
hydrophobia, has been manifest among
dogs and several have either died of the
malady or been killed by their owners A.
number of head OF stock bitten by the af-
fectcd dogs have given signs of llydroplo-
bia and have also been killed. Other dogs
and cattle have been bitten and it is feared
the trouble is not yet at an end.
.Yanlston Wants New Stock Yards
The Yankton Merchants Produce Com
1any. which was recently organized under
the state law for the protection of the
Yankton grain and stock market, is anx-
'iouS to have stock yards erected there for
their w use by the Milwaukee road, and
with this end i'll view the board of direct-
ors recently met, with w. n. Day, division
freight agent, present. An injunction how
exists against the erection of any such
yards, which will probably interfere with
the present move.
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
Fire ut Elk Point.

Fire at ELK Point on January 30 de-
stroyed six buildings i'll the business por-
tion of the city. Tho loss ON Guillaume's
building is 81, 100. The next building east
was Jacob Schactzcl Il Sons Bank. The
loss on the building is 81 1909. Col. Keller's
law office went next. Here a stubborn
fight was made to say the opera house,
but it could not he done. The loss is 81, 800.
The next building was Knapp's restaurant;
loss $500. AT this point the barber shop of
John o. Stcckman had been torn out by
the volunteer fire brigade and the progress
of the fire arrested.
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
Grub Stake Defined.

A case has bcendecilcd by jury at Dead
wood to determine the exact meaning of
the term ''grub stake" Fred Pennington
and others supplied Anthony Lewis with
an outfit, The discoveries of Lewis to be
shared equally by both parties. After
wards Lewis brought in a bill of $3.50 for
every days work while prospecting in adj
dition to the supplies. The verdict of the
jury was that a person is not supposed to
he entitled to any other compensation than
the grub stake unless it is specified in the
onroop,ont
Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-02-11
A PERFECT HOME SECURED AT
LITTLE COST.

III <AAIAAAOS
da, Western Canada, before taking up
their home there visited the country as
delegates. They reported to the Gov
crnment of the Dominion of Canada
the result of their observations, and
from this report extracts have been
taken. which are published below:
I'VE have visited n number Of most
desirable locations, and are highly
pleased with the country as q whole,
it being beyond our highest eApecta-
tions. We find here a prosperous and
wcll-contentcd lot of people. They
have comfortable homes, and their vast
fields of wheat and other crops in nddi-
ton to their herds of choice cattle, in
dictate prosperity in the full ems of
the word. In conversation with the
farmers throughout II trip we learned
that the majority of them came here
with very limited means, and some with
no more than enough to bring them
here, and they are now w%ell-to-do. They
all claim that this is the only country
for a poor man, or one with little
means. TO get IL start and make Il home
for himself and family. AS you T.
aware we were a little shaky and un-
decided before leaving Detroit, but
have determined since that we, with
our friends, will make this country our
future home. 1t is far from being the
wilderness we had pictured it to be; it
is. instead. IL land having all the facili-
ties required by modern civilization.
sucn as railroads, markets, stores,
churches. schools, ETC., in fact, an ideal
home for those having the future well
faro of themselves and families at
heart"
The Messrs. Striovslsi selected the
Alameda district, but what they say
of it applies in a general way to most
other districts in that vast country.
They speak of the fuel, which is to be
had in great quantities. of the water
that can be had by digging from ten to
twenty feet, and of the good grazing
land to be had almost everywhere.
There is plenty of wood for building
timber and for fuel, while coal is con
vcnient, and sells Mt low prices Mt the
mines. In driving through the country
they passed many fine patches of wild
raspberries. and say they can speak
highly OF their flavor, as they could not
resist the temptation to stop and eat.
Having already tr%ansgressed on your
valuable space. 1 shall defer further
reference to Western Canada for an
other issue. An illustrated pamphlet
recently issued by the Department of
the Interior, Ottawa, Canada, giving 81
complete description of the country,
will be forwarded free to all who write
for it. Yours.
WESTERN CANADA.