davidaulloa/AmericanStories huggingface dataset:
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11

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The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11

Cash quotations were as follows:
F'lour-Steady.
wheat-No : spring. 7$G75c; No ,,
esd74c: No. red. ~. fr72fsc-
Corn-No = t5ssc, No yellow. isSsc.
BarIey-Good feeding. tea 40; fair 70
choice mating. 4sI5Sc-
Flax seed-No. / Sl.I7; No. l North
western. sl.EIz.
Timothy seed-PriE,e- $l-s5.
Mess pork per bbl. Sis, Lard, per leo
ms. S975: short ribs sides Qoose) S-s2i2d
$50. dry saited shoulders 'boxedl Sse5ft
$50: short clear sides (boxedl <eIl-4FSe-i
Whisky-Bssis Of high wines. sL1
Clover-Contract grade. SLID
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11
prf-E,ip-rs AID sHIPMENTS
Kansas City.

Kansas City, Jan. I0.-Whea,-ClOse:
May 6S1.c. july s79s7isc. cash No
hard. sisSc: No .. 64GSec. No .. 51Gsssc:
rejected. 541-f557T=c &c; No. > red. $685.
No :. s5si6sc-
Corn-fau. s. 81. a; MAY Sisassi &C.;
cash No , mixed. sl.c; No. white. "a
G3sc: No :. 3si.Gssitc-
Oats-No white. &c; No mixed,
sr.c
Rys-No. = sic.
aay-choice timothy. Hsea: do prairie
50 s5GSsl.
Butter-Creamery, safe. fancy dairy
20
Eggs-Fresh. &c.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11

Corn-Lower No. cash. 44c: track.
Asss r47.xe; May. TIC
Oats-Lower. No cash, 34c; track.
sfr5f.c:. May, sr1c; No. white. 55i-c-
Rye-Quiet- 9i.c-
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11
WOOL MARK EFT.

st. Louis. Jan I0--Wool. Unchanged
Territory and western mediums, T7GlSc
fine, 130lsc; coarse. i5Gi1c.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11
New York Produce.

New York. jan o-Butter-Recsiprs
-753 packages. Market steady. State dali
~. zpa16I=c- extra creamery. &c. com
mon - choice Creamery. -GeSc.
Cheese-Receip1s 175l packages Mar
kst firm Fancy large state. Tsl cream.
colcred and white. fall made l5is< fancy
small co,o-eG and white. far made. IA
1H-c, late made. 1s-zc.
EsEs-ReceIrts. 555s packages Market
firm STATE and Pennsylvania. sversge
best, SalSic; western. poor - farCy. ~
GSc
Sugar-Raw. Ron:rz; Jar refining.
sSsc, centrifugal % test. S7sc Moiasses
sugar. SIC Refined steady Crushed
IS; powdered. =. sr2nuIated. 47
CofTee-S1szdy- No. Rio. s1tc
Moiasses-Firm. New Orleans, 81 &c
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11

in a resolution passed by the Stock
holders association OF Massachusetts AZ
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11
Admitted % Bal.

well. Mr. RuSk Expects 70 90 to wash
iugton 10 investigate the matter
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-01-11
Eggs-Fresh. &c
Wheat-Recelpts. 81 cars
ST. Louis.

ST Louis Jan le-Whsat-Cicse:
( Weak Nc. Ted cash elevator. 7lisc.
( track. 7s9-is.c: MAY. 80: july. sc.
/ No hard ssi-IEi-c
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

years Of incalculable progress In ev-
cry phase of American life!.
A New Era.
, A new era in life insurance has
been inaugurated in the practical at
tainment Of the $4O0,000,0O0 mark by
The Mutual. AS the amount paid to
policyholders measures the utility OF
company to the public and to the
Individual, SO the assets of a company
measure it's strength, and with almost
100000 back of it, The Mutual
Life Insurance Company of New York
can justly support it's claim to being
the largest and strongest insurance
company in the world.
Four hundred millions of dollars!
More than enough to give every Amer
lean, young or old, regardless of sex,
color or previous condition Of servi-
tude, five dollar bill! Such a sum
Of money is so inconceivably vast that
no really adequate idea can ever be
formed Of it; the most that can be
done is to compare it with some great
national fund or revenue, representing
the activities Of the entire nation, if
we would gain a basis of comparison
between the wealth of the United
States and that of this company, the
greatest financial institution in the
world.
The United States expended in 1902
for the maintenance Of the army over
12,272,000 and for the navy over
$67,SO3,000, a total Of some $50, 075,-
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

canal and seventy-five modern battle
ships of the most powerful and perfect
type to protect it. The two billions of
assets Of all the American companies
represent simply the amount of money
invested by policyholders in the form
of premiums, and is a larger sum than
is invested in any other kind of en-
terprise in the world, while it would
certainly empty the treasures of sew
eral of the richest nations to make up
another fund equal to it.. The assets
of The Mutual alone exceed the total
| receipts of the postal department in
the ratio of over three to one They
the United States, whether for Civil
or Spanish war. claims, for over two
years and nine months. They would
have bought the total United States
coinage for the year more than four
times over, or have purchased the
in the United States 2.5 times. They
exceed by more than 2.9 times the
total fire losses throughout the entire
country.
They exceed the capital of all the
| financial institutions of New York city
taken collectively by s1,sOO,OO0, an ex-
cess which would, in ITSELF, more than
cover the capital stock of all the ma
tional banks of Florida.
| Iney exceed Dy Twice the COmD1nGQ
capital of the Bank of England, Bank
of France Imperial Bank Of Germany
| and Imperial Bank of Russia, and
come within less than five millions of
equaling the total annual coinage Of
gold and silver of the entire world.
They form, in fact, the largest sum
of money held in trust in the world, a
guarantee of stability and good faith
which no financial, commercial or So
- Il e,{,, -@ryr ff<><,f
But it would be a mistake to de-
scribe the growth Of life insurance
merely in terms Of bigness; the great
ness in it's general benefcence deserves
consideration. improvement in the
mechanism of insuring lives has been
no less momentous than invention in
other industries; and the technique of
the science, if one may so speak, has
been vastly bettered since the crude
| beginnings. When The Mutual Life
started, it wrote only straight insur-
ance" for life or for a period of years.
In the sixty years since, various safe
plans of investment, representing the
most ingenious efforts Of brilliant
mathematicians, have been devised to
enable every man to husband his re-
sources against the future in the east
est and most efficacious way. More
Important still are the payments made
by insurance companies to policy
holders, payments which last year in
the United States alone amounted tc
s305, 451,333.OO, or more than $500 70,
I every man, woman and child Of the
79,117,00 people in the country. OF
this sum The Mutual, as already re.
marked, paid over twenty-nine mil
llions.
Payments in the Northwest.
AS a concrete example of the i'm
mense sums of money annually paii
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

the peoples money from it and ac-
cumulate fabulous SURPRISES which are
permanently lost from circulation. The
surplus bugaboo has turned many
otherwise intelligent men away from
life insurance in distrust and fear. A
slight examination Of the facts will
suffice to dispel such fancies.
Capital Is accommodating in the life
insurance companies as in any large
corporation; only mark this, it is all
capital that Qess management ex-
penses) must eventually, at the end
of things, be returned to the policy
holders. Every cent Of it must and
will be so returned. Suppose a large
company should cease business entire
ly; suppose the largest of them all,
The Mutual Life of New York, should
stop writing insurance to-day, the in
vested securities would go on accumu-
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26
Sixty Tears Of american Pro-
gyess---Benefts to THE Northwest.

been something more than self-sus-
tanning, the dividends each year being
in excess Of the premium charge.
Throughout the financial storm ana
stress of sixty years, surviving wars,
panics and failures, life insurance
both In principle and practice has
grown and developed almost beyond
computation. What it's final form Will
be we can hardly guess; but we feel
confident 1t will continue to work IN
the future as it has always done in the
past, for the protection and safeguard
ing Of the American people.
Beneficent Theory of Life Insurance.
Some persons have asserted that life
insurance companies are little more
than vast, absorbing bodies to draw
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26
icy which brings him an annuity I
$12,400. <.'s..-
Modern Uses of Insurance.

Modern Uses of Insurance.
In these recent exercises comment
orative Of the siXtieth anniversary of
life insurance the brOadened scope of
this new science is likely to receive
no less attention than it's size. AS
a science it has progressed wonder
fully since 1S43. When The Mutual
Life of New York started business
only q few of the modern plans of
insurance were in force; but now pol
icies have been devised which enable
man to protect himself, his depend
ents and his business in almost any
way that seems desirable. From a
mere form of protection it has been
developed into a great plan Of invest
ment, directed by the most expert
inanciers, while the protective advan-
tage has been in no way sacrificed.
Beginning in young manhood the pol
icyholder protects his family and
makes his maximum savings at a time
when his earnings are at their highest,
without pledging himself to carry any
heavy burden after middle age has
passed.
Not only for families but for estates
and business interests life insurance
has come to be used as a means of
protection. It has become very COM
mon for two or more partners to in
sure their lives for the benefit of the
survivor or survivors. Some firms
| likewise are taking the precaution of
| insuring the lives of certain officials;
and the custom Of insuring individual
lives for the benefit of religious, char
Iitable or educational institutions
grows steadily from year to year, af-
fording unique means by which peo-
pie Of moderate means can help along
ICauses in which they are especially
interested by making several yearly
appropriations within their means, in
the form of life insurance premiums,
with the knowledge that eventually
they will become benefactors to
considerable amount.
Original Policy Holders Still Living.
OF the original policyholders in the
first American mutual company three
! icyholder is a native of New England,
as is also the holder Of the Oldest out
standing life insurance policy in this
country. Curiously enough, although
they did not know each other when
they took out their policies only a few
hours apart on the same day, they
have in recent years become neigh
bors in the town Of EInglewood, N. j..
These men are Charles Fl. Booth, who
| is now in his one hundredth year, the
oldest living man carrying life insur-
ance, and William E. Shepard, the
/ possessor of the oldest policy, who has
passed his ninety-second birthday.
| Both were young merchants in New
! York when Morris Robinson organ
/ lied the company. Each insured him
self for $2,OOO-at that time a fair
sized policy, the limit in early days
/ being set by the company's charter at
i $4,000. 1t is interesting to note that
since 1866 Mr.. Shepard's policy has
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26


of. Two such have already been written
by The Mutual Life, one for George
w. Vanderbilt Of New York, who pays
an annual premium of $4,000; the
other, for the late Frank H. Peavey
of Minneapolis, well known as the
Elevator King" The latter was paid
about two years after it was taken
out, Mr.. Peavey dying Of pneumonia
In December, 1901; but in accordance
with the conservatism that has done
so much to make the modern life in
surance possible, as an extra precau-
ton his policy had been reinsured by
The Mutual Life to the extent Of $780,
600, in twenty other companies. That The
it stood individually responsible, so to
speak, can be understood from the
fact that at the date of settlement
this company had on hand s20,000,0e
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

in ever-growing combinations. During
the life Of The Mutual. nearly all the
great modern corporations have come
into existence, as, for example, the
New York Central Railroad (1S4D,
the Pennsylvania Railroad Company
GS46), the Delaware, Lackawanna &
Western Railroad Company (1S5O,
the United States Steel Corporation
G9OD. and many others. Approx
mately half the states and territories
have also been admitted during this
period, viz. Florida. Texas, Iowa. Wis
consin. California, Minnesota, Oregon
Kansas West Virginia, Nevada, Ne
braska, Colorado, North and South
Dakota, Montana, Washington, Idaho
Wyoming, Utah, New Mexico, Arizona
Alaska, oklahoma and Hawaii. AS
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26
IIFE INDURANCE

900. The assets of The Mutual Life
would have sufficed to maintain both
army and navy, including river and
harbor improvements, forts, arsenals,
sea coast defenses, construction Of
vessels, machinery, armament, equip
ment and improvements at all navy
yards and also all expenses connected
in 1902 with the Spanish and Philip
pine wars, for a space of time consid-
erably exceeding two years.
The Mutual Lifes assets if converted
into IS bills and laid lengthwise in a
straight line, would extend nearly 5000
nliles-that is. across the continent to
San Francisco, across the Pacific and
across China.
This one company has in hand
money enough to build the Nicaragua
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

in cash, while its total assets were
$3.50, 100000.
At the present time the same COM
pany has a million dollar policy in
force on the life Of George w. Van
derbilt, who pays an annual premium
of $35, 900. The biggest single premium
ever received in the sixty years of
American insurance came to The Mu-
tual Life from the HaVemeyer family in
the form Of a check for $578,345 to
cover five policies of 100000, each
of which carried guaranteed incomes
beginning ten years from the day on
which they were dated. James j..
Hill, president of the Great Northern
Railway, is still another large policy
holder, having paid The Mutual Life
$136,350 in 1892, for a 100000 pol
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

into the Northwest by legitimate life
Insurance companies, the following
figures, quoted from the Insurance
Press of New York, are instructive.
During 1902 Minnesota received
$4,O44,173; Iowa, $2,568,440; North
Dakota, s374,3s4; South Dakota, $685.
674; Nebraska, s1,511,394; Idaho,
$226,4s7; Washington, $7s7,790; Ore
gon, $717,106, a total of well over
$10,5S6,O00, all of which has, within
the past year, gone into the Northwest
for the support Of the needy, for the
protection Of the aged and for the
Safeguarding of business interests, as
we'll as the commercial and indus
trial expansion of the region 1t will
be noted that Minnesota received near
ly twice as much as any other state,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-26

Iowa, next on the list. falling behind
by over $1,475, 600. Minneapolis alone
received $2,151,3S5, Or nearly as much
as the entire state of Iowa, a fact
which speaks we'll for the industry,
thrift and foresight of her citizens. ST.
Paul received $793,0SS.
Some Large Policies.
Ten thousand dollar policies, which
used to be sought only by the very
wealthy, have become a necessity in
comfortable middle class homes, and
million dollar policies are not unheard
Bisbee daily review., 1903-05-30
AN IMPORTANT WATER DECISION.

4 decision in q water case recently tried in Phoenix before Judge Kent, of that city. has created some consterna' ton among the water owners and wa ter users Cf the Salt river valley. The decision is not without interest to the people living iu -he San Pedro valley though we are rot sufficiently informed of the canal system on the San Pedro to be able to say whether any one would be affected there or not.
 The decision is to the effect that al ter land has been once irrigated by water from a stream the land can not afterwards be deprived of water though the owner of the land may have no water rights or interest in any canal. The decision of Judge Kent says that the owners of land once irrigated from stream may de mand that water from canal compa uy carrying water from the stream be delivered to them by paying a reasonable price to the canal for carry ing the water.
Bisbee daily review., 1903-05-30
NEW MAIL ROUTE

mail route on the A. & Y. NJ. rail road from Hachita to Lordsburg, New Mexico. is very badly needed. It would shorten the time in mail de-iy- cry twenty four hours between Bisbee. Douglas, Naco, Fairbanks and Tomb stone. in Cochise county, and Clifton. Morsaci. and Metcalf in Graham cOUn- ty-an important mining towns. This would be a great convenience 10 the people and would be highly apDreci ated. A man may now go 10 Clifton from Bisbee in nine hours. but it require thirty-three hours for the government to transmit letter from Bisbee to Clifton, because of the ab sence Of a mail route on that part oi the 4. & \. M railway between Ha chita or the Fl Paso & Southwestern and Lordsburg The mail leaving Clifton for Bisbee is brought by the 4 & N. NJ. railroad to Lordsburs; there it is delivered to the Southern Pacific mail car and is carried 10 behooi where it remains until the next day It should come direct to Hachita from Clifton which would deliver it in Bis bee nine hours after it left Clifton. ! is the same delay from Bisbee to Cliff ton.
 We trust that there will be an effor made 10 have the government estah fish a mail route on the 4. & \. N. t' Hachita. It is badly needed and VI do not believe the government woui' hesitate for Q moment to grant such needed mail facility if a prope request was made as in doin s scarcely any expense would be 1T cured.
Bisbee daily review., 1903-05-30
ADVERTISING
 OBJECT LESSONS.

The Prescott city council had their eyes opened recently on advertising rates, says the Journal Miner The lesson should make it easy for the Prescott newspapers to collect their city printing bills in the future.
 In order to secure a wide circulation of their proposal for bonds it was de cided to advertise in some of the pa pers of the larger cities of the United States. The advertisement for which the Prescott papers, which have no contract, with the city for advertising charged s26 for thirty insertions. was accordingly sent to a number of pa pers. The mayor. who is an admirer of Hearst's Chicago American. request ed that the advertisement be placed in that paper, but when notice was sent of what it would cost. he came very nearly dropping dead of heart failure The price named was sS69. The order was immediately cancelled by te.e graph
 This incident brings into notice the absolute fact that ArizoRa newspaper advertising rates are lower perhaps than in any other state in the union. especially is this true of the daily pa. pers. A few weeks ago the Review had occasion to call on some of the large metropolitan papers for prices on advertising space. The price per column in one New Work paper was s1oO for one column, one day, with no discount for time contracts. If the advertising was of display character the rate would be doubled.
 The Arizona daily papers are as a rule receiving a ridiculously low rate for advertising space. In proportion to their circulation. as compared with the metropolitan papers, the papers of Arizona reach a much larger per cent age of possible customers. The day will soon come when advertising rates in this territory must necessarially De advanced. There is not state in the union that can make better showing in the matter of the excellence of its newspapers than can this territory, while at the same time there are only a very few that can even keep bal. anc@d profit and loss account.
Bisbee daily review., 1903-05-30
ELECTRIC PLANTS.

In the Clifton Morenci district there is a proposition to supply the mining companies, as well those engagei in other business and industries with electric power, which it is proposed to create by a water power on the 'Fris. co river some twenty milees above. A company composed of San Francis. co men has been organized and sur veys have been made which it is claimed are favorable to the success of the enterprise.
 Both above Clifton, on the Frisco river, and below on the Gila river the opportunities are favorable for proyid- ing excellent power Already this power is being used by the Detroit Copper company at Marenci. The water for that camp. other than for do, mestic use is pumped by water pow. CT from the Frisco river, a distance of seven or eight miles and raised if. teen hundred feet. The Morenci Wa ter company supplies the domestic water for the camp and it is also pumped and raised about the same dis tance from Eagle Creek.
 There seems to be no doubt about the feasibility of generating any Quan' tity of electricity when there is abundance of water in these streams
 but just now how the power plants could be arranged so as to provide for continuing to regularly supply the de mand. either in case of extreme low water or in time of floods down the streams no doubt gill be found SC
 rious problem.
 To make a power valuable it mus
 be regular and it would have to bt based on the minimum amount Of wa ter available and then it would havE
 to be delivered beyond possible danger of floods.
 ! For generating electricity to supply
 the towns of Clifton and those ir , The Gua Valley below there is no doubt but what a sufficient and safe water power could be utilized, but to supply
 sufficient power to run all the mass oI
 machinery in the Clifton-Morenci dis
 trict seems to us Co be a stupendous undertaking. 10 say the least.
Bisbee daily review., 1903-05-30

The citizens Of Phoenix do not pro pose to abandon the fight for municipal ownership of the waterworks of that cfty At public meeting few days ago the Municipal Water Works League was organized. It is pro posed to issue city bonds for the pur' pose Of a supply water works plant to b. owned by the city. Only recently 4 specia! election vas held in Phoenix 10 vote the necessary bends to carry out the proposition Of municipal own erssiu. but the old water company succeeded ir defeating the bond issue by a very few votes. Another election will be ordered in October. Municipal ownership of all public franchises is
 gro wing more popular all the time and the probability is now that the proposition in Phoenix for the city to own it's own water works will be victo
 rious when it is again voted on.
Bisbee daily review., 1903-05-30

The incorporate language iHdulge6 by Dr. Thompson. member Of the
 Presbyterian general assembly will no; result in any serious harm to the
 Mormors. Neither will it assist any effort 70 expel Senator Shoot from his seat in the United States senate. No lone will blame the Presbyterians for cordemning polygamy. but there are many of the Mornous who are not DO.
 Iygamists and never were and there
 are mary. even when polysamy was urged by the Mormon leaders, who
 never went into iJ as a practice TOT assentsi to lJ as a church law. The only way for he Presbyterians to remove Suco5 from the United Sen.
 ate Is 70 convict him of the crime of Dolygamy They can not hurt either Shoot CT the Mornons by incorporate IaEguaee
Bisbee daily review., 1903-05-30

The Fourth Of Jul. program in Bis bee will include the fIil list of sports and contests It looks now like the 1903 celebration. being prepared for, will be grander,in e, " way, than the one of last year
Bisbee daily review., 1903-05-30

Mark Hanna has made it plain that President Roosevelt owes him nothing for the endorsement of Ohio republi- cans. The fact that Roosevelt refuses 10 rely implicitly in the political Judgment of Hanna must not be taken as any indication that Roosevelt is a fool.