davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
PRONoUNCING III" AS 90"
Is the Practice an Americantsm OF
an AnElicismF
New York Post.

New York Post
Apropos of Dewey, our English cousips
are specializing on the American pro-
ANNEXATION of his name. Mrs Newell
writes that Americans invariably pro-
nounce u as zoo" She saws. dan
American novelist who is one Of the most
vigilant of writer's and of men mi,nics
the speech of an Englishwoman by print
ing her manner of pronouncing 'styoupid'
Few English hearers detect the fact that
all Americans of whatever part of tina
continent call their chief city Moo York
Not that they mako the double % long
or conspicuous. The word is spoken quite
quickly and makes an iamblc foot where
as we generally take il as n snon6ee
But the absence of the English slight pre-
urinary sound seems to be invariable In
America
Commenting on this, the Manchester
Guardian observes.
AS a matter of fact. this pronunciation
Is quite English. as Lowell showed I'm
the case or so many habits OF speech that
we call distinctively American.
There is n very offensive vulgarisu'
wrote Dean Afford in his Plea for the
queen English most common in the
Midland counties, but found more or less
almost everywhere, giving what should
be the sound of the 'u'' I'm certain words
as If it were 90" calling duty "dcoty."
tuesday Toosday;' reading to us that
the clouds drop down the "doo;" exhort-
ing as dooly' to do the 'dooties' that
are doc from u.s. " asking to be al
lowed to see the "noOspaper" And this
is not from incapacity to utter the sound.
for though many of these people call
new moo no one ever yet called few
100; but 1t arises from defective edu-
cation or from gross carelessness'
After all this learning, it seems almost
wicked to deny the premise-that all
Americans do say moo York"
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
LACK HORSE SENSE"
EguineS Are without the Wisdom
Popularity Attributed to Them.

Popularity AttrIDuteO W a men,
Chicago Inter Ocean.
1t is peculiarly appropriate that soue
cold facts about the horse be laid before
the public at the present time. The f
will substantiate the assertion that the
kcrse is an animal of extraordinary lit
tie sense-usir:g the word as synonym rus
with judgment. He has a remal kaoiy
delicate perception, coupled with a v1ly
slight power of correlation. He IS there
fore subject to seizure at any m )ment
with fits of the most violent ms Tity,
induced at the slightest provocation. This,
together with the enormous reserve
strength of the animal, makes him an ex-
ceedingly dangerous engine to be prac>
tically given the freedom of the road in
our populouS communities. Only famiL-
iarity makes the peril seem endurab,e.
1t is quite natural that the horse
should have a nature 50 unbalanced men.
tally, evolved as he is, from an ancestor
wro was one of the most timii Of wild
ar imals possessing no weapoas OF Of
Tense or defense, and therefore finding
his only safety in flight. He had ever
to be on the alert, with his keen senses
of perception ever tense, ready 10 urge
him into a mad gallop at tho slightest
movement, or rustling of a leaf. which,
perhaps, might betray the neignb lrhOoI
of some lurking and terrible beast OF
\, ey about 10 spring upon him and Z a.
his life out with decorating claws or
teeth. 1t is no wonder, therefore that
at any unaccustomed sight, noise, touch,
OF motion, the horse of todaY, in spite
of countless centuries of traini * IN the
service of man, under the ance...'u i'm
pulse that dominates his most items ,ly
nervous orger'zation. should slilI b.
seized with an ungovernable tcrroc that
expresses itself in mad onwa. Il rusn
whose frightful power l.; fraught with
destruction for everything about him.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

an emphasis on "someone:" Let some
one occupy Re plaice."
His manner and speech were so easy
and deferential that the eyes of every
woman In the car were cast admirinaIv
upon him, and the men regarded his vi
Vlnlty with something like curiosity in
their faces.
However, the seat was destined To he
occupied and by a parsonage upon whom
no one had counted A bulky colored
woman, bearing a basket which smelled
SUCCESSFULLY of cold victuals. had entered
from the front platform, where she had
evidently been standing at the time the
two fares got out at Michigan avenue
She wore immense soft-soled felt shoes
and stepped noiseessly just as the Young
man asked the elder to be seated AL
though the latter had not seen her at all
the dame took his courteous remark to
herself, as she rolled into the seat and
CALCULATED:
Lands sake, honey, but Use obleeged
TO yen! It's easy seem you dohn't stick
no hogs nor weigh in at de stock ya'ds."
AT sound Of the. voice and feeling the
nudge the woman gave him the gentle
man turned, taking in the situation at a
glance. Doffing his hat very graveIy. he
replied in most polite tone that was
evidently sincere:
All, madame-non. have not Eat
honour"
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

ments can be promptly responded to.
1t is not merely that we have no power
to expand our currency prOpOrtionately to
these enlarged wants. Restriction falls
equally upon the much larger class of
credit operations that are carried on
without the employment of money-the
ordinary loans and discounts Of the
banks, which are placed under sharp
limitations by the banking laws The
ability of the banks to lend is regulated
by the amount of lawful money thew
can control as reserve against their de-
posts; and yet the activity of the retail
trade and the increased requirements for
payments Of wages are keeping the
greenbacks and gold in active circulation
outside the banks. Had we an elias. &c
bank currency system, which would en-
able the banks to distribute their notes
under conditions like these, instead Of
paying out their reserve money we
should have a two-fold source of relief
which we have not now-in the first
place, a larger resource of retail circu-
latiOn and, in the next place, a larger
ability of the banks to discount 1t thus
appears that the prevailing stringencv
is due, more than anything else, to the
legal restrictions upon banking opera
tions and to the artificial regulation Of
our currency system. How far the in
jury from these restraints will be further
developed under the present conditions
1t is difficult to definitely indicate. It
seems only too possible that some in
terests may suffer which, under freer
conditions, might safely and properly be
accommodated. The nature and causes
OF the stringency are not suggestive of
early relief and make urgent appeal to
congress for the earnest consideration of
these credit and currency questions.
Towards the close of the week the
stock market showed an upward tendency
owing to the belief that the tension In
the money market had reached the high
est point, and that for some time to
come excessive rates would not ne OBJ
tainable. Bankers, however. anticipate
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

full rates until after Jan. !: the great
commercial and industrial activity as
surfing a brisk demand for funds from
regular borrowers. Good rates will exer-
else wholesome restraint upon specula-
ton without which the incentive to take
dangerous risks might prove irresistible.
Some of the preferred shares of the in
dustrials with their enormous earnings
appear very tempting to the average OPP
orator; but the overcapitaliZations and
innate weakness of many of these COM
binations are fully understood, and,
fortunately for the stability of the stock
market the outside public have been eX-
ceedingly cautious regarding them, and
only a fraction of these new securities"
have found their way into the hands of
small investors. Railroad shares still
offer the safest and surest opportunities
for profitable purchase. Earnings con-
tinue phenomenally heavy, and trade con-
ditions render 1t certain that the present
period of prosperity will continue for
some time to come-a year If not longer.
Confidence of this sort Is emphasized by
the recent immense orders placed for rails
and equipment by shrewd railroad man
ayers, who, by training and position, are
able to see farther into the future than
ordinary observers. Very likely ex-
penses will increase considerably, so that
those who entertain oVersanguine eXpec-
tations OF increased dividends will be dis
appointed; but there is still a strong
prospect that some Of the non-dividend
payers will be placed on a dividend basis
before many months. and such securities
must undergo a further important ad-
vance. The best class of stocks and
bonds are still high; some of them have
already discounted increased dividends,
yet they are more likely to appreciate
in value than to fall in these times. Facts
are largely on the bull side of the mar
ket. Still, accidents may happen, so
operations must be conducted with more
prudence than in the rise of last spring.
Gold imports are unlikely this fall, and
events might happen which would force
gold exports and thus revive a degree of
monetary stringency that would heavily
handicap any big bull movement.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
FRENCH POLITENESs
That Could Not Be RULED Under
Trying Circumstances.

Chicago Chronicle
The car was crowded with a typical lot
of II o'clock passengers 1t was the one
warm evening which the weather man
had sandwiched in between his showers
and frOsts. It was rather close inside and
the young man, who looked as though he
might have been working overtime check
ing stock at the silk counter, had yawned
two or three times and been promptly fol-
lowed in kind by all the passengers with
in sight of him. The ventiators were
open; so was the rear door, through which
the conductor monotonously called the
streets.
Congress-
Among the seven people who climbed
aboard at this stop were two men with
opera coats and crush hats. They had
been making adieuS at a carriage door
as the car came up. They stepped inside
and half unconsciously obeyed the re-
quest to move up front please" until
at Harrison street they found themselves
just in front of the stove.
One of them appeared to be a visitor
to the city. The younger man, who call
ed him uncle was saying some very
initiated things about the performance
just witnessed, to which the older man
responded with a decided Partisan ac-
cent Before many minutes they had Sc
cured the attention of almost the entire
car and were earnestly discussing the
outlook for the coming opera season,
commenting upon the Wagnerian virtues
Of the lamented Klafsky, when q sudden
lurch threw the older man violently for
ward. He preserved his equilibrium and
his good nature gracefully, and when the
car stopped at Michigan avenue and
Twenty street a lady and gentle
man alighted from the rear platform
leaving a vacant seat. Observing this,
the young man urged his companion to
be seated.
mon, non: I'm not weariee," and as
he cast quick glance around to see if
any ladies were standing he added with
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

Wheat has taken a slump during the
past week such as has not been recorded
for many weeks in the mGrHet. The fall
ing off in prices was cue largely, II not
almost wholly to British disasters in the
Transyaal Bulls endeavored Hainly to
check the downward course of prices.
There was no staying the stump Cnce 1t
started, and the result was Il 1alllng OIL
in the volume of business. which added
to the general dullness and weakness
CT the grain The loss in prices at the
various grain centers, including Minneap-
oils, Chicago, Duluth and New York, Is
fully z cents, a falling off that IS 5u1il-
GENTLY large TO cause the faith OF the
stoutest-hearted bull to be shaken. Sa--
urday the announcement OF the closing
down of several Northwestern Touring
mills capped the climax of the week 5
bear features, and the close was with a
feeling that BODIED no good for the bulls
CORN AND OATS.
In corn and oats there is little that is
new to be recorded this week. Corn has
been fairly active, despite the falling Off
in the wheat market, which usually has
a bad effect upon corn. The difference
III corn prices for the various days of The
week was so slight that practically no
effect was had upon dealers
OabS WSIS IlOLlilllolly NIlNlASlA-E3SN All lOAAO
or prices, with fluctuations so slight as
to not attract special comment
MONEY AND STOCKS.
The bank statement Saturday was not
what had been hoped for. On the con-
trary, it showed for the first time since
1893 an absence of the regular bank sur
plus. All sorts Of reasons were assigned,
none Of which is wholly satisfactory
from a speculative standpoint hence 1t
may be expected that stocks will be han
died gingerly for time. There was moth
ing like a scare among even the most
Daring traders, and it may be that there
will be resumption of confidence at
the beginning Of the present week.
MIDWAY HORSE MARKET-Minne-
sofa transfer, Nov 4.-Barrett & Zim-
merman's report: Trade the past week
was moderate and showed no vitality
At an average lumbermen were in small
attendance throughout the week and sales
Few. The receipts of horses. however
were OF a large volume. and great eff
Tort was made to sell even at losing
prices. Trade today was characterized
unfavorably. Market was heavily stocked
with heavy horses that would be ample
TO meet the heaviest demand Prices
remained still low. with no Indication of
a rise the coming wee.
DrafterS, choice S115 70 150
Farm horses, choice. ........... so to los
Farm horses, common to good. 80 to 80
Light delivery horses. ............ 10 to 90
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

Earnings Heavy, with Prospect
That Securities of This Class VIII
Continue to Improve for IA Period
Extending Over Some Months
Gold Imports Not Likely and Spe-
Gle Exports Not Impossible.
NEW YORK, Nov. 5.-Henry Clews in
his weekly review of the stock market
says: In Wall street the speculative
market has been waiting on the money
market The week opened with a feeling
that lending had taken a turn towards
ease. A moderate gain in the surplus
reserves of the banks was construed as
a hopeful symptom and Mondays buy
ing was active and buoyant; but when
buyers came to make up their loans ;hey
found a very different money market
from what Saturdays bank exhibit had
led them TO expect. Instead of RELIEF
there was a return to stringency as
sharp as anything experienced within the
last two months. Nobody seemed more
surprised at the turn money had taken
than the bankers themselves, who, while
atinbuting something 10 the preparations
for interest settlements On Nov. l. vet
very generally agreed that the stringent
cy is not yet broken ana that no marked
elements of relief are yet in sight The
Interior currency movement is still III
interior currency movement is
still against the banks, and whilst
the demand from the West perhaps
shows some abatemen- the requirements
OF the South &re increasing.
TO the conclusion that the fall return to
ease will be much later this season than
In ordinary years From such SYMPTOMS
as are IN sight, bankers doing an in
terror business are expecting little lending
below 6 per cent between now and the
LIST Of January. Unusual causes are at
work in the money market, the breadth
and force of which it is not easy to
measure. Something moe than the
movements Incident to this crop season
have to be calculated upon. Credit on.
eratiOns have been radically influenced
by the industrial revolution incidental to
the great trust creations of the last len
months. Since Jan. l corporations with
q total of no less than $4,000 DOC, 600 OF
capital issues have been organized. These
transformations have been attended with
-'A-AAAN4AoC 1CiI4EIOIdIy ulSlOcaIlOnS OF can't
tai The negotiations have invOIy 4
large loans destined to run until the n w
Issues have been distributed and until
the underwriters have effected their
hquldauons. The national banks have
doubtless participated to but a very
small extent in these operations; bu,
many OF the trust companies. private
bankers and other financial institutions
have probably made advnces to the ex
tent OF hundreds of millions of dollars;
with the consequence that these credit
resources are largely withheld from the
uses to which they ordinarily contribute
at this season of the year In addition
to this special employment of credit. the
demand Tor the ordinary purposes OF
business has far surpassed all prsc dent.
The extraordinary development in our
manufactures, our farming, our mining
ana our exports has placed an extra
oIulnary pressure upon the credit re-
sources Of the country There is a lin
II to the extent to which this sudden
vast expansion of our credit REQUIRE
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
DULUTH.

DULUTH, Mimi, Nov. 4-The market
close. It opened up at 7OAc for May and
661sc for December, but this was top.
The close. 6s%c and 65Ac, was bottom.
Flax took tumble at the close and was
&c off Cash sales were: No. l northern,
10000. 65&c; $4,000 and cars, 66c: Sc COO
and cars, 66Ac; 5 cars 661ac; 10000 and /
car 657sc; u cars No. 2 northern, 641kc to
63c; fax 10000 at from 1924 to $1241h
Receipts-W Wheat. 3O1 cars; fax, us; bar
ley, 81; oats. 9; rye, Z: corn, l. total. 46N.
shipments-Wheat, 5S,S14 bu; flax. 1885;
rive. s1.23%; December, s1.22I; May,
81 .26N: oats. 22aLc; corn. 28jhc; rye. Soc
barley 34G2Sc; No. ! hard, cash and to ar
rive, &c; No. northern, cash and to ar
rive. 66c; December. 657sc; Nav. 6975c; No.
2 northern, cash, 63c; No 8. 591ac.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
LIVE STOCK MARKETS.

ceipts at the Union stock yards today
(estimated) were: Cattle, 100; calves, 40
hogs, $50; sheep, 1,2O0; horses, none; cars,
16
The official receipts Friday were: Cat
tie, POP; calves, 147; hogs, 1,193; sheep,
9,768; horses none; cars, TO-
over which Fridays receipts came in and
the number of loads hauled by each:
Cattle Hogs Sheen Miyad
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06

do As. :......... sSH Sou. Ry. IS. 1osH
EE:t'V. q G.1sts103as = r. & T. 6s. -. $50
FW. 6 D.C.ist. So5zI r. & p. lists. o. ia ~
zen Elec. 6s: ..11s do 2nds......... IS
6.H. q 3. ,A.6s. ITO Union Pac As 1O4
oe Znds: ......l 1857 Wabash lists. iii
II: oS J. =. os. Ill do ends. ..llO
~ w con. os lilo West Shore is. .Il3h
IOWA cent. lists lib Wis. Cent. lists rs
K.C.,P. & G.lsts 73A Va ceniuries' ~
Ia. new con. As. los do deferred.
- q ~. UNI rs .koOt, al. Sou. IS. SSH
LONDON STOCK REVIEW-London,
NoY. o.-ln spite of bad news the stock
exchange last week maintained a firm
tone based upon the conviction that the
hostilities in South Africa will result ul-
tlmately in British victory over the
Boers, but there Is no doubt that this
reellng is weaker than it was ten days
ago. Consols closed u point down. The
material Improvement established in
American securities throughout the week
was largely due to German buying, the
Nashville Central Pacific and Southern
Pacific. However, the natural hesitancy
on the part of operators upon the eve Of
In Americans along the whole lire at the
close Among the declines were Southern
5faclnc' Whlch fell q point; Atchison pre-
ferred, q; Atchison ordinary, u; Illinois
Central, Il; New York Central, -; North
ern Pacific common. Il; Union Pacific, 70;
Chesapeake & Ohio, Is; Chicago Milwau-
zee q ST Paul, %; Louisville & Nashville
e; Baltimore & Ohio, u; Denxer & Rio
Grande preferred, H. and Erie As. 4.
Money was fairly abundant, on call at
from l19 to per cent, on fixtures 8, and
on three months bills 4%
WEEKLY BANK STATEMENT-N New
York, Nov. 4.-The weekly bank state
ment issued today shows the following
changes: Surplus reserve, decrease. So
S70,875; loans. decrease, S240, 900; specie, de-
crease, $3,S75, 900; legal tenders decrease
WA, 500; deposits, decrease, S., 767, 900: cir
eulation; increase, 1895, 800. The banks
now hold $50 less than the require
m eI1tS. Of the Is per cent.
Money on call firm at per cent; prime
mercantile paper, 5Q5% per cent. Sterling
exchange steady with actual business in
bankers bills, S4.S67s6487 for demand. AMI
"a $500 833 for sixty days posted rates.
4.S4Q48S; commercial bills, 81 S2k; silver
certificates. 5S14@591hc; bar silver. 5S1Ac;
Mexican dollars. 47Jac.
FOREIGN FINANCIAL-New York.
Nov. 4.-The Commercial Advertisers
financial cablegram says: There was
very little business on the stock exchange
today. owing to absence of news from
the TransVaal Americans were dull and
TREASURY sTATEMENT-Wash
ton. Nov. 4.-Today's statement Of the CON
dition of the treasury shows: Avail
able cash balance, $210, 1872 DIG; gold re-
serve. $3.50, 400. 400
BANK CLEARINGS,
St Paul-$95O. 341 .5S
Chicago. $19.15S,834
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
OpaI Mines Exhausted

The opal mines in New Mexico and the
United States have been about exhausted,
10 gems of much value being extracted
We're made out of these mines. Opals oc-
cur in veins in the same manner as sill
yer or gold.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
"Loss.
HOGS.
receints.

Comparative receipts:
Total for today (estimated). .... $50
A week ago .......:............... 1.O96
Quotations: Mixed, $3.S0G3. o.; heayVV
packing, 50. 75q3SO; prime light and choice
s3.85Q3. 95; prime heavy, s3.SO@3 95; stays
Hogs receipts were light, running less
than half the number that were in the
same day year ago. The demand was
good With prices fully steady. The hogs
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
Totals

Among the shippers on the market
were: Lamberson & Co. Warren, cattle;
7. J: Quinn, Park River, cattle; NJ. K
Wolf, Kellogg, hogs; Laughlin & Hines,
Owatonpa. shogs; D. A. Wilcox, Downing
sheep; S. A C0nklin, Blue Earth, hogs;
William Walthers, Meridian, cattle and
hogs; John Riodern, Battle Lake, N. D.,
loads sheep; o. j. Thompson, Milton, To-,
hogs; L. M. Weston, Kenyon, cattle and
hogs.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
Totals ..... 6

The total receipts thus far for the
month, not including today, compared
with the same period last year show a de-
crease of LA cattle, a decrease of 145
calves, decrease Of 2, 632 hogs a decrease
> of 5,255 sheep, a decrease of 2 horses, a
decrease of 101 cars.
The total receipts for the year, not in
Guiding today, compared with the same
period last year, are as follows:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-06
NOT A SURPRISE.
Wiptng Out of New York Banks
Surplus Was Expected.

NEW YORK, Nov 4-Since the sur
plus reserves of the New York banks
tel to about $25O,O0O. in mid September,
the professional trader in stocks has
looked for deficit in the required cash
reserves of the bank almost any week
Inc Wlplng out of the surplus shown TO-
day, therefore, was not a surprise. The
weeks events made the stock market
peculiarly vulnerable in spots. and the
stump OF prices in few stocks gave an
appearance of disqualification to the gen
eral market. Leather, especially. which
tt0ouched 40 at the opening and was above
80 when the bank statement appeared,
slumped suddenly ito rs the breaks be-
tween transactionsl preaching as high as
points Marginabaooounts in this spe-
clalty were wiped out right and left and
then the price wage bid up again to Sc,
at which 1t closed Sugar and Brook IN
transit We're also losers to the extent Of
over points. A number of other prom
lnent industrials lest between l and 2
points. but the general list reacted only
There were some violent recoyeries
from the low level. and the closing was