davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
What Becomes OF stock That Gets
Out of Date.
New York Commercial.

New 1Ork commercial
AS an old standby manager OF q WELL
known street railway line remarked the
other day that improvements in the rolling
stock OF the trolley lines, particularly In the
large cities have become so rapid Of late
that in a very few months a car is out or
date. II is not worn out, but IL must make
way for a newer and better type. So lots
OF old or secondhand cars are being con-
stantly thrown on the market Look at the
railroad trade journals. and you Will see
dozens OF advertisements OF secondhand
cars. OF street cars particularly there seems
TO be any number for disposal, and -four
fishing trade in them is evidently springing
up. In one OF these journals, recently is
sued three or four pages are devoted 20
advertisements OF these secondhand cars.
A Pennsylvania dealer announces "sepe-
cial bargain lot of six, foty feet long over
all, seating forty passengers on cross rat
tan walkover seats, with electric motors
in good shape and really practically new"
Another firm with a Broadway address
announces IF you want EN-, We have en-"
and shows pictures Of cars of all types
which II has for sale. There are at least six
varieties 10 choose from, and from dozen
to twenty in lot. quick delivery our
speciality" says the firm and shows pic
lures OF man carrying a car on his back
TO prove II. Still another firm announces
that IL will buy and sell disused street cars.
''The barns Of all the principal street-rail-
way companies get full OF such cars. ex-
planned a street-car manager TO New
York reporter the other day, and. as
something has TO be done 10 get them out
men who started in the business OF car
broking. They have made a good thing out
OF IL, and the business Is constantly grow
ing. Usually they take the cars. fix them
up little with new varnish and paint and
then sell them to companies operating in
small towns or villages. The companies
are very glad TO have them and the second
hand cars serve their purpose very well.
But the older cars are OF no use. even
for the smaller companies. They are sold
for whatever they will fetch-which II little
enough-and are put 10 all sorts OF pur-
poses. Folks buy them for cabins on sum-
mer estates. contractors for lodgings for
Italian laborers. Out West there IL q
town which has a whole street IN which
the houses are made of old cars. In an
other place an ingenious woman has con-
structed a cottage out Of three or four
Joined together by the local carpenter.
You see. you can get them almost for
nothing In fact. not long ago the Brook
Ign Rapid Transit Company announced
that Il would give away q dozen or twenty
of these old cars. clean and In good con-
dition. but stripped OF their wheels and
motors, TO any one who would move them
And though the transportation cost pretty
high a number OF people jumped at the
chance.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
FIRST DINING CAR MADE.
1t Was Called the "DeImonico" and
Was Crudely Equipped.
Leslie's Weekly.


The first dining car was called the Del
monico. of course. 1t must have resembled
our present beautiful dining cars but slight
ly Built by the Pullman Company at its
pioneer works in Chicago, ii was put into
service in 1866, and after short but dis
tingushed career descended to the position
of boarding for constructors along the
line but 1t did not come to this, of course.
until great improvements had been made
upon il in subsequent models. 1t was built
i'm two sections. with a kitchen in the
middle. One end was reserved for ladies,
and here no smoking was allowed, but the
other end was a buffet arrangement and
got itself nicknained 1.-The beer garden" be-
fore IT had been in service many moons.
The floor of the car was uncarpeted, and
the seats were ordinary low-backed coach
seats upholstered in leather. The car was
finished in walnut. but the ceiling was COW
cred with oilcloth. The provision supply
storeroom and refrigerator were under the
center of the car, and access could be had
To them only by means of a little brass
ladder suspended from the side OF the car.
IT was rather precarious adventure 1or
dining car employees to make visit to the
Iarder while the train was in motion, mas
much as there were great many covered
bridges and other distractions along the
line in those days which would undoubtedly
have swept them into eternity had they not
timed their trips down the little brass lad
der strictly according TO schedule. The
kitchen was supplied with an ordinary soft
coal range STILL in spite of all these pc
culiar disadvantages, the bill OF fare for
that time was considered most elaborate.
The most interesting thing, however.
about the Delmonico was the way in which
the employees kept tab on receipts. When a
messenger entered the car the conductor
banded the waiter who was to take care
nr him a small pasteboard ticket, which the
v-aiter straightway deposited in pad
locked tin box in the kitchen AT the ter
minal station the ticket agent came into the
cor unlocked the tin box and with due
ceremonv counted up the house" The
Conductor and other employees. while not
being required to give an exact account.
check in accordance with the number Of
passengers served.
porfunfties Ike that nowadays?
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

Xxx
The delay in the return movement of
money from the West and South continues
to embarrass the New York money chang
ers and to defer the beginning of the great
bull movement in stocks, which is In every
oody's mind and which is seemingly inevi-
table. The gigantic syndicate deals, a
dozen or more in number, have tied up a
vast sum Of money which could otherwise
De employed in speculative operations.
Inese syndicates have been successfully
financed for the time being. but to be en-
tHely successful the public must absorb
mass or underwritten securities now held
IN docks by people who are leaning on the
banks and to whom the banks owe first
allegiance, according to Wall streets phil
osophy and practice. The public is slow in
coming 20 the relief of the underwriters,
put as the latter are now in position to
wait IL is only a question of time when
they Will work out. 1t must be said in
canoor that the kind Of securities held by
the syndicates awaiting investment is of
rather better grade than usual. Many of
them represent conversion schemes and rest
on eStaDllshed properties, fact which VIII
make distribution among small investors
easier and hasten the relief of the money
situation.
Conservative bankers and commission
men are still discouraging public specula-
t1on- They harp on the difficulty of secur-
ing loans with which to carry marginal
deals, and urge postponement of ventures
In stocks except for investment purposes,
and where the parties going into the mar
ket are strong enough to pay for their
securities outright and lock them up. The
date OF the beginning of the anticipated
bull movement is now fixed for the first
half of January, and the chart makers say
it will eliminate next spring in the highest
prices yet seen. w. G.. n.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
Chicago Stocks.
.ro.or Enrrxall &. Co.'S Telagram
MONETARY.
Rates ON Loans and Exchange-Clear-
ings and Balances.

INDIANAPOLIS.--Comm paper, 4@6
per cent: time loans. sac per cent. Clear
ings, 81 29O, 1886: balances. $4O4,
NEW YORK-CaH money firm at 6 per
cent Prime mercantile paper. per cent
Sterling exchange steady; actual business
in bankers bills, s4.S7. 25Q4S7375 for demand,
AsSOQ4. S3625 for 60 days; posted rates,
"a so and s4.SS: commercial bills, s4.S2.375G
sss25. Clearings, s2S3, Ola. 255: balances. s11,-
61S,9SS
CHICAGO.-New York exchange. 10c pre-
MUM Sterling exchange, &.S212 for 60 days,
Sass for demand. Clearings, SIS. SCI. 06l; bal
ances Sl,9l7,921.
BosTON.-Clearings 81, 0is, ASP; balances,
SLIT, All.
PHILADELPHIA.-Mo per cent
Clearings, slSS34,0Ss; balances, s. 72l,216.
ST. LOUIS.-Money steady at sac per
cent New York exchange, 25c premium.
CIearings. s6,621, $50: balances, $433 $50.
BAITIMORE.-Money, per cent. Clear
ings. 1858, 103; balances. Al5,9l5.
CINCINNATI.-Money, sac per cent. New
York exchange, Zoe premium Clearings.
81 637.05
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
LOCAL SECURITIES.
Sales on the Stock Exchange-Satur
days Changes I'm Prices.

Fifty shares of Federal Union Surety
stock at 101 and ten Indiana Title &
Guarantee Company at So were the only
sales reported at the Stock Exchange Oh
Saturday The Federal Union block passed
into the hands of A. J. Brunt (''Uncle
Jack'), of Anderson. Saturdays quota
tons follow:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

(Granger Farweli & Co.'S telegram
NEW YORK, Dec 6.-The market at the
opening to-day was dull. and transactions
very light Traders left the market alone
and there was little or no commission bust
mesa The bank statement was really better
than expected and although poor one. did
not have much effect, and before the close
the market was steadler. but dull. No
particular activity Is TO be expected until
altar tho nrst Of the year, and traders
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
money Rates Abroad.

LONDON.-Money. 3d3h per cent; dis
92xqS2h-
PARIS.-Three per cent. rentes. 99f 6oc
for the account. Exchange on London.
25f 14ixc for checks.
BERLIN.-Exchange on London. am
45ixpf for checks
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
specie and Merchandise Movement.

NEW YORK.-Imports of dry goods and
merchandise at the port of New York FOR
the week were valued at 81. 69l, 267.
65.6l3 in gold.
Exports of specie were S1,0lO,5O In gold
and 1924, 22S in silver.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
Markets for silver.

NEW YORK.-Bar silver. 47%c; Next
can dollars 37hc.
LONDON.-Silver bars steady at q lied
an
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

fund. exclusive of the 600 gold re-
serve in the division of redemption. shows:
Available cash balance. sos, "a Is
Cold III 927, S94
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
BUDDED PECAN ORCHARDS

Paid their owners 100 per cent. this sea-
son. VIII pay 40 per cent. at least annual
y. Come into bearing as early as aR pi;is
orchards. We pay per cent. yearly w - a.s,
10 invest or can YOU pay small monthly
instaIlments? Our literature tells the pS Go
story Address LILLY ORCHARD W.
~ BloominSton, Ill
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
WEEKLY BANK STATEMENT.
Heavy Loss of Cash, hut Somewhat
Less Than Was Expected.

NEW YORK, Dec. 6.-The statement of
averages of the clearing house banks of
this city for the week shows the following
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

WASHINGTON. = Saturdays statement
Of the treasury balances In the general
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

lieved to be IN excess of SIZE, O0O, 900. at this
ume, although In some quarters the total
Is believed to be $15o. 600 900 or more.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
OLD STREET CARS.

market is to be looked for. Money con-
tinueS scarce.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07
LATHROP & HAUEISEN

Prices and particulars on application.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-07

creat as the reduction has been during
wear in our exports and increase IN
,nanorts the monthly trade balance IN
llnpo en- limited States still averages
Int sao GOO. 600. A considerable part OF t ms
IS applied continuously debt 70 to ssoHs
amount OF our aro this Indebtedness WIS esti-
few .i %0 as high as SsocoQQ.0o' Il IS not "
The daily sentinel., 1902-12-30
DIAMONDS IN OLD SHOES.

New York. Dec. 29.-In her efforts
to select "a hiding place where her
$500 worth of diamonds would be safe
from burglars. Mrs. Mary Burroughs
of this city. says Herald dispatch
from Philadelphia. forgot all about
the ash man. Mrs. Burroughs the
day before Christmas wrapped $500
worth of diamonds in chamois skin
and tucked them away in the toe of
an old shoe belonging to her small
son. She then left the house Be-
fore she returned the ash man called
and her 81 'ter gave him the old shoes.
When Mrs. Burroughs returned she
had long and hard hunt to find tho
ash man from whom she recovered
the old shoes and the diamonds.
The daily sentinel., 1902-12-30
GOULD ENTERTAINs LoRENz.

New York. Dec. 29.-Dr. Adolf Lo-
REM spent Sunday as the guest of Mr..
and Mrs. George Gould at their home,
Georgian Court. Lakewood. N. j.
'Tt is magnificent. said DR.. Lo-
renz on his return to New York
1T is really one of tho most de-
lightful house, have ever visited. l
enjoyed myself immensely and shall
carry back with me pleasant recollec-
tions of Lakewood and the charming
hospitality of Mr.. and Mrs. Gould" g"
The daily sentinel., 1902-12-30
349-349-s4 s49-s49-s s49-s4s

349-349-34 349-349-34 349-349
Mrs. Anna G.. Cotes. who has, been
on visit to her old home in Tenne--
see. arrived home at noon today.
Mrs. R. H. Bavlis returned home
at noon today from Leadville. where
she spent the holidays with her
daughter. Mrs. f. Vaughn.
Remember the Stranger in New
York; will be here at the Park opera
house Wednesday. December 31st.
The curtain raises at S:15 sharp. so
be on hand to see the first part.
The daily sentinel., 1902-12-30
MOROS DYING OF CHOLERA.

Manila. Dec. 29.-Moros on the
island of Mindanao report that chol-
era is depoplating the villages on the
east side of Lake Lanao. At Maciu
there is an average of fifty deaths a
day. Disease also prevails at Bacolod.
1t has appeared on all sides of Lake
Lanao. but the Visayan residents of
the island do not yet seem to have
been attacked
The daily sentinel., 1902-12-30
STOCK SUBSCRIPTION.

The Grand Valley Floral and Nursery Co.
is now ready to receive subscriptions for
stock in the company in person or by mail
at the office 40 MBin street. The prospect
us aud all information will be given bya he
secretary. All orders for treas, shrubs nd
plants, also all landscape work received md
booked for sprsng pelivery, First come,
first served.
j B. CONYNE, Sec.
The daily sentinel., 1902-12-30
Hand Turned Shoes a Sperialty
Phone I43 Black.
WATCH MEETING SERVICE.

AT the Methodist church Wednesday
night. commencing at pine O'Clock.
The first hour will he under the CON
troll of the literary department of the
League. Social hour f~om t,n to
eleven. The last hour to be devotion
al. We bid you welcome.
The daily sentinel., 1902-12-30

w. H. Burke left this morning for
Denver to which point he accompan-
led his mother on her return trip to
her home in Canada
The daily sentinel., 1902-12-30
WEATHER REPORT.

The maximum temperature yester-
day was 32 degrees and the minimum
this morning was degrees.
Fair tonight and Wednesday.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-05-12

ness. 1T certainly has a masterful tone.
He says, in effect. that it is a most un-
wise policy to continue a system under
which it is possible to have excessive
ease in money" Unwise for whom,
Mr.. Clews? is it unwise for the debtor
who must have cash with which to
meet his obligations? Is that policy a
bad policy which enables man to Dor
row money at a low rate Of interest
in order to turn that money into chan
nels of useful trader
Surely. Mr.. Clews. the great money
using, money-borrowing public is en-
titled to some chance 10 keep its head
above water. They won't have a ghost
Of a chance il this bill is passed. The
adoption Of that measure viii place in
the hands of the bankers a bludgeon
with which they can slaughter prosper
ity at their pleasure. Il will give them
the power to create panics. to exact
exor5itant rates Of interest. to deprive
the government Of the last vestige Of
its right TO control the circulation.
The Herald is perfectly willing to
admit that bankers have rights. but it
is not willing to admit that they have
more rights than day laborers before
the law. Even though so powerful an
individual as Mr.. Clews demands the
passage Of the pending bill, it is hard
~ probable that congress viii enact
il into law.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-05-12
POLICE AND POLITICS.

DURING THE CONVENTION of DO
= lice chiefs, which was held in
Louisville last week. Major Sylvester,
head Of the Washington police force
and president of the chiefs orgauiza-
ton, made some remarks about politics
and policemen. Chief Sylvester has
had vast deal Of experience with his
subject and it may be assumed that
he is thoroughly familiar with it. He
cordially disapproves Of political police
men for he understands, as all police
chiefs who know their business under
stand, that nothing tends more surely
to disorganize a department than pol
itics.
Among other things, Chief Sylvester
said:
We who have had experience advocate
the elimination of politics from policing:
the selection and continuance of honest
and conservative men in the public SER
vice, a tenure of office for chiefs and su-
perlnJendents so long as the laws and
regulations are carefully enforced. q pen
sion for the widows and children Of those
who give up their lives in the cause. and
Tor those who become disabled therein.
VIII be better for all interested. Munich
pal control should realize il and shane
legislation 10 that end No matter how
small the force, the better results will
follow making it permanent under prop
er restrictions. The tendency is in that
direction, and those intrusted with the en-
actment of laws can do nothing better for
their states and cities than to proceed
on those lines. Good municipal govern
ment is the all absorbing question, and.
as 1 have stated. the foundation for 1t
rests on a competent police orga nizatfou
to continue undisturbed as long as it re-
mains such. This doctrine should be as
serted. and education up to those princi-
pies will surely follow.
The official who appreciates that merit
has its reward should be made to feel
that his calling is an honorable one ans
that he can be advanced and continued i'm
such by honest endeavOF. and we should
design to promote the merit system.
The Washington man has stated the
case fairly and forcefully. No man who
has even casually observed the local
viii disagree with him. The
promise has been made that hereafter
the Salt Lake department will be kept
out of politics. the source to which its
woful ineficiency may be directly
traced. All good citizens will earnestly
hope that the promise will be kept.
There is no reason why it should not
be kept.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-05-12
PRIZES FOR DRAWING.

T HE HERALD BELIEVES in art
and in the teaching Of art in the
public schools There is much latent
talent among the youngsters Of the
city. and The Herald desires to en-
courage it. For that reason it has
offered a number Of prizes for draw
ings Of various character in tie differ
ent grades. The conditions were pub
lished in yesterdays issue on page
II. and they are OF such character that
every school child in the city is eligi-
bic to enter the contest
There is no reason why the compe-
tition should not be largely engaged in.
Drawing is a study that has not been
neglected in this city, but little slim
ulation. such as The Herald competi-
ton viii bring about, wiz not come
amiss.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-05-12
cLEws TO THE RESCUE.

A S WAS TO HAVE been expected,
a Banker Henry Clews is an earnest
advocate Of the bill now pending in
congress. by the terms of which it is
proposed 20 place the money circula-
ton Of the country in the hands of the
credit merchants" Mr.. Clews is a
gentleman who is very much admired
by The Herald. Honesty is one Of his
chief characteristics. If ne believes a
proposition is good for the bankers he
doesn't hesitate about letting the whole
world have his views on the subject.
Ia this ease he goes a considerable dis
lance farther shan any friend of the
bill who has yet spoken.
Says Mr. Clews:
At present We are at certain periods I'm
danger OF excessive ease in money. which
promotes dangerous speculation; with a
suitable currency system i'm existence
such danger would be reduced to a mimi
mum. Two presidential elections have
been Won on the promise TO give the
country a sound and modern currency
SYSTEM out nothing has been accom-
plished thus far except 10 announce our
adherence TO the gold standard. Such
trifing with public opinion for political
cXpediency may prove a boomerang 10
the party which persists I'm such blind in
action. The WiseSt thing congress can do
IS to provide the country with modern.
.up-to-date elastic currency system before
business depression revfves prejudice and
renders intelligent action impossible. \
good hamkiuE and currency plan would
10 much 10 soften financial difficulties
when they come; while the absence OF
such system viii seriously aggravate
disaster.
There is honesty for you. II Mr.
Clews were not such a charming gem
tleman The Herald would be inclined
to say that his talk smacks Of brazen-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-05-12
BENsEL AND HIS BANJO.
How it Brought Him Luck When He
Was Reduced to Extremities.
New York JribunI

l4NGW 1UIh JLlDuuesl
The death recently Of Billy West, the
negro minstrel. recalls the luck that d
banjo brought to a New York boy who
went to California in 1852 to get rich
in the sold mines. He was Charlie Ben
sci. Of well known family IN this city.
and had learned the machinists' trade as
well as 10 play the banjo. and he oh
tained a position as assistant engineer
on small steamer that went around 10
the Pacific BY way OF the Straits Of
Magellan. While lying in the harbOr Of
CallaO. Peru. the vessel took fire and was
destroyed, and those on board saved only
what they could carry in their hands.
Bensel and the others subsequently
reached San Francisco BY working their
passages on other vessels.
When young Bensel reached San Fran
cisco all he had in the world were the
clothes he had on and his banjo, and
after wandering about two or three days
in an unsuccessful search for employ
ment. he became so hungry that he con-
cluded 10 get one good meal at a restau-
rant and then give a promise to pay.
After eating a couple of dollars worth
IN one Of the tent restaurants he went to
Ine proprietor ana told his story. The
proprietor was so impressed with BenseT g
truthfulness that he told him he would
trust lin until he got enough 20 pay his
bill. but. observing that he had a banjo.
asked him to play tune which resulted
in his being hired to play and sing negro
melodies at the door Of the tent to at
tract custom. Soon afterward he went
into the mines at Virginia City, where he
succeeded beyond HIS anticipations. but in
a couple Of years he organized a minstrel
company. which became popular. not only
on the Pacific coast. but also in China.
where II went on a tour and where Bensel
died. He had been associated with Back
us. Birch, Wambold, Cotton. Coe and
other minstrels, including west, and be-
fore he died he owned a large property in
Sacramento. His start in life he attrib-
uted % the banjo. which he had learned
70 play when an apprentice boy in New
York.