davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
BEEF COMBINE
AND STEEL TRUST
Both Affected Materially by
Northern Securities
Decision.

Special to The Globe.
NEW YORK, April 13.-According to
interests in close touch with the Ma
tional Packing company no attempt will
be made to perfect the big packing
combine until the Northern Securities
case is disposed of. A prominent cor
poration lawyer stated that on the final
decision in the Northern Securities
case rested the future of the packing
combine. 1t was not likely, he said,
that the combine would go ahead with
it's plans until assurances were re-
ceived that all legal obstacles had been
removed. The packing combine has
been subject to more adverse criticism
than any other group of industrial
companies that attempted to follow
out the community of interest princi
pie. Interests that have been opposing
the packing combine are encouraged by
the Northern Securities decision and
any attempt on the part of the packers
to perfect the merger would be met
with vigorous resistance. 1t will be
at least a year before the United States
supreme court will render a decisiols in
the Northern Securities case, and it
is unlikely that any further steps will
be taken by the packers in the mean
time.
Interests identified with the securi-
ties company desire that the impress
sion that they expect to lose the suit
be corrected. One of the largest holders
of the stock today said they were con-
f1dent that the United States supreme
court would render a decision in their
favor. The question of redistributing
Northern Pacific and Southern Pacific
stocks has not been taken up for con-
sideration and will not be until as
surances are received that the fight
has been lost. They still insist that
no disturbance will follow in the event
of the court deciding that the North
ern Securities company be dissolved.
1t was reported on very good au-
thority today that as a result of the
securities decision the officials a. the
United States Steel corporation would
take immediate steps toward changing
the corporation from a holding COM
pany to an operating company.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
NEW OUTLET FOR
CANADIAN GRAIN
Van Horne Heads Commission in Inter-
est of Montreal and Quebec.

Special to The Globe.
CHICAGO, April 19.-The Canadian
government has taken a hand in the
movement of grain from the far
Northwest to the seaboard. The gov
ernment has appointed a commission,
headed by Sir William Van Horne,
with full power to deal with the for
warding as it sees fit. In the appoint
ment of this commission grain raisers
in the Northwest see better market
facilities opening to them, for it is ex-
pected that arrangements will be made
to transport the grain by an all Cana
dian haul from Manitoba and the
Northwest territories to the seaboard.
1t is likely that now the Canadian Pa
cific has it's own trans Atlantic boats
the grain of the far Northwest will be
shipped from Montreal and Quebec
instead of from Boston and New York
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
Hoe THIEVES USE
.CHLOROFORM
Take the Squeal Ont of Their
Victims and.Butcher
Them.
Special to The Globe.

Special to The Globe.
MANKATO, Mimi, April 13-
Thieves last night tried a decidedly
unique way of stealing hogs. They
visited :he farm of Michael Bachmeier,
near this city, and going to the hog
Pen took large sponge saturated IN
chloroform tied to the end Of a FISH
line and by means of a pole dangled
the. sponge in front of the, noses of six
large hogs
All were thus put to sleep and rem.
Gered Incapable of squealing The
thieves then dragged them out, butch
cred them and carried them off in a
wagon. The sponge and chloroform
were found in the pen.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
MAKE DRUG HARD TO GET
DISAGREE ON BOND Bill
Ramsey Members Clash Over
Attempt to Reconsider Pas
sage of Hickey's Measure
Providing for Local In
provement and Sinking
: Fund.

Representatives Hickey and Tighe,-
who have worked in team so we'll yes
terday fell out over the Hickey bill,
which authorizes a bond issue and a
sinking fund for the city of St Paul.
Mr.. Hickey's bill. which authorizes
the issue of S600,0O0 worth of muni-
clpal bonds for permanent improve
ments and provides a sinking fund for
their liquidation was passed Saturday
under suspension of the rules Yes.
terday Mr.. Tighe had Representative
Cole move for a reconsideration of the
motion. Mr.. Tighe explained that he
was absent saturday and had not had
an opportunity to examine the bill.
Mr.. Hickey insisted that the bill was
passed after full examination hv
the members of the Ramsey, Hennepin
ana st. Louis delegations: that the
measure was indorsed by the corpora-
ton attorneys of st. Paul. MINNEAPOLIS
and Duluth, and that Mr. Tighe had
as full an opportunity as any one else
to examine the bill.
lndorsed by Attorneys.
Col. Hugo, of Duluth. read letters
from the corporation attorneys Of the
three cities indorsing the measure. and.
several members protested against re-.
consideration on the ground chat ft
would needlessly use up available time
Mr.. Tighe said the bill had been
rushed through in his absence. and he
sent to the legislature by a constitu-
ency that desired to prevent increas-
Ing the bonded Indebtedness Of the city
of st. Paul, should have an opportunity
with other members of the delegation
to examine the bill before it went to
the senate. He was willing to let his
notice of reconsideration stand unfit
today
Mr.. Hickey had in the meantime lost
his temper and was inclined to insist
that the proposition be at once voted
up or down and settled without occupy-
ing further time. An adjustment of the
dispute was finally reached by an
agreement to let the notice stand
until today and that in the mean
time Mr.. Tighe should examine the
bill and the whole matter should be-
again brought before the Ramsey dele
cation.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
MOORISH INSURGENTS
CAPTURE A FORTRESS
They Breach the Walls With Mine
and Kill Fifty-One Men.

MOROCCO, April 13-The insurgent
Moors have captured the fortress of
Frajana. A part of the garrison es-
capped and took refuge in Melilla. The
insurgents exploded a mine beneath a
portion of the wall of the fortress and
then delivered the assault through the
breach made by the explosion. The
garrison held out for some time and
then fed into Spanish territory The
Spaniards took possession of the arms
of the fugitives and tended to their
wounded.
Fifty men and one officer of the gar
rison perished in the explosion. Among
the wounded now at Melillia is the
pasha who commanded the fort.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
PROMOTIONS AT so MUCH PER.
Possible "Rake Off" of $4,000 Annually
in New York Postoffice-

NEW YORK, April 13.-Investigation
made into the charges against the
Manhattan postoffice department is
said to have advanced to the point
that arrests will come. Secret service
men have arrived here from Washing
ton and Joined the detectives who have
been secretly pushing the inquiry for
the past five days. 1t is estimated that
If promotions were made in many in
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
UGLY TESTIMONY AGAINST
SUPT. MACHEN is GIVEN

Woman Loaned $500 in
Connection With Her Ap-
plication for a Place in
the Postoffice Department
Head Of the Rural Free
Delivery Carriers Declares
the Complaint Originated
in Blackmail.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
ADOPT DOUGLAS SUBSTITUTE.
House Lawyers Abandon Anti Tradinq
Stamp Bill.

The substitute bill for the regulation
of the trading stamp business drafted
by Attorney General Douglas will come
to the house today indorsed by the
Judiciary committed
Gen. Douglas bill does not, as did
the bill which he declared unconstitu-
tional, attempt to forbid the trading
stamp business. 1t provides that tG
stamps shall be redeemable at their full
face value, either in cash or merchan-
disc at the option of the holder and
that all stamps shall be redeemed lf
presented in numbers less than the full
book quota, which is now the accepted
rule.
The bill passed by the senate and
declared by Gen. Douglas and the house
special subcommittee of lawyers to be
unconstitutional was not considered
yesterday, and it is generally underz
stood that the judiciary committee will
permit it to die peacefully in the COM
mittees strong box.
The bill recommended to pass was
introduced yesterday morning by Rep
resentative T. T. Ofsthun by virtue OF
a special request from the governor.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14
EXTEND NEGLIGENCE LAW.

Committee Indorses Tishe's Fellow Ser
want Bill.
Mr.. Tighes bill providing for broad
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-14

Continued on Fourth Page.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23

is ssc higher than any previou, price in the local
market for this crop. and IL nat advance OF lc
over Mondays quotation. This advance n not
due much 10 the milling demand for wheat.
IL is thought, TO the upward tendency or the
option markets. Corn and oats ruled steady yes
terday. The
Wheat stronger ? red. sSc track. ssc
milling freight; No. red ssisc track; Deem
Der. SEC; wagon. SIC.
Corn steady: No . white. nc: No. white. &c:
No. : white Sic: No. white mixed. @0a.c: No
white mixed. 40z.c: No. white mixed S1sc.
No. yellow 41c: No. yellow. 4c: No. yei-
low. 3slzc; No mixed. 402.c: No. mixed.
4oa.c; No. mixed, sc; car, 40izc: wagon mar
ket. 45ff50c
Oats steady: No white SSltc; No. white.
3izc: No. mixed. sc; No. mixed. 3Sizc.
Hay nominal; No. l timothy. sll; No. tim
othy, $40.
Observation-Disclosures: No. red. cars. Corn:
No. white 10 cars: No. white. I; No. yell
low. ?: No. 3 mixed. 10: No. 4 mixed. 3.
grade, 1: established grade. ?. total. Al cars.
oats: No. white. cars; No. mixed. 2; total.
4 cars. Hay: No. / timothy. cars; No. ! prai-
RE. 1; total.
WAGON MARKET.
Receipts Of corn and hay liberal; prices un-
changed
Corn-Per bu. 54G5sc: new. 45a5oc.
Oats-Per bu. 3Sqi0c
Hay-Tinothy. sll0l2: clover. Sas: mixed.
ssQs.
sheaf oats-Per ton. sSalo.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23
QUIET DAY in STOCKS
STEEL AND BROOKLYN RAPID TRAM
SIT THE MARKET.
Session Closed with General List Low
er-Sales Of Day Less Than 3OO,-
OOO-BOnds Dull.

Sales of stock, shares. Z3l ,SOO
To corresponding day last year.. 749.SOO
To corresponding date last year. .1s3, 900, $50
NEW YORK, Dec. 22.-This has been of
The dullest days in months in the stock market.
The total sales of the session amounted to 2l, 500
shares. This tells the story of the market. A
little over two weeks ago one days sales were
more than 100000 shares AS is usually the re-
suit from dull market prices are little lower
tonight than they were when the market closed
yesterday.
Steel preferred and Brooklyn Rapid Transit
were the most active issues OF the day. In the
shares The sales of Brooklyn RAPID Transit
were $3.50 rhares.
A few stocks moved sufficiently to be distin-
guished from the general level Of semi stagna-
ton, but in them the movements were OF
kept up in the stocks of New York public utili-
ties, but their advances were but feebly held
slant ever since the November election Talk OF
large earnings accompanied the dealings and In
the case OF Consolidated Gas there are sugges-
tiona of a satisfactory adjustment of claims
against the city for gas.
There was some pressure against Rock Island
and affiliated securities of a kind which devel-
oped last week when rumors found acceptance
OF pending bond issue. On the other hand
some or the industrials are inclined to harden
on the assumption that money will be available
after Jan. 1 to the railroads to pursue their
The heaviness of the London raw copper mar
ket may have caused the slight decline in Anal
ganiated Copper after an early advance in that
stock. United States Steel preferred was the
subject of the customary surmses as TO divi-
dend possibilities, but fell into profound neglect
with the rest Of the market. Lackawanna re-
acted from its recent advance which was due
TO talk of a distribution of surplus The coalers
were generally firm on the contemplation OF re-
suits Of year OF unexampled prosperity as a
whole rather than on the immediate outlook.
which Is somewhat clouded
The uncertainties OF the far Eastern out
look are repTessive influence on all the world s
markets, but local sentiment on the subjects re-
fleets no acute apprehensions. There has been
some ostentatous bidding up OF stocks OF a
forniant class within the past few days, which
Is obviously due to the fact that no stock is
brought out by the advanced bids made.
1t does not escape notice that the higher level
OF prices Will cause material Improvement in
the showing Of annual balance sheets OF many
OF the great financial institutions. whose surplus
timated OF the basis OF market quotations exist
ing at one time since the last annual state
meats. The improved showing that was secured
is supposed to furnish the motive for of
the advances, especially where no severe sell
ing pressure Is met on the advance
sales, par value s1,745,0O0 United States bonds
were unchanged on call.
Sales and the range:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23

NEW YORK. Dec. 22.-F1our-Receipts. IS. ,s7
brls; exports. s. 1856 brls Inactive. but sustained
at old limits. Rye -four steady. Buckwhest
-four dull. Corn meal steady. Rye steady; No.
Western. ss1kc (. o. b. ahoat. Barley dull.
wheat-Receipts 81. 100 bu: exports. ios.7s2 bu.
Spot easy; No. red. s2%c elevator and $3.50
(. o. b. afoat; No. / northern Duluth. s51sc
(. o. b. afoat; No. 1 hard Manitoba, nominal.
4. O. b. ahoat- Options ruled fairly steady all
day at about last nights prices. Early war
rumors were later dissipated by closing ad-
vances in consols. and exporters withdrew from
the cash market. heavy Southwest move
ment, favorable weather and ,easier cables led
to some selling, especially at st. Louis. The
n nes Decline. May. IS nisass Lice Closed ss
s5Rc: July, s1hds2 3-l6c, closed at SIC; Decem-
0e consRscepts. $3.50 bu. exports. $1,000 bu.
Spot quiet; No 2, SIC elevator and Sc {. o, D.
The option market was neglected and shade
easier on big receipts. easy cables. hne weather
May. 4s&@4s5sc closed at 4s4c: December. 5lh0
5lEc closed at SIZE -.
4assc: standard white. 4sEc: 10. 3. 4ol,c: No !
White White . ssHs No white 4'As''so track
Hay steady Hops and hides and leather and
wool firm.
bellies, ssas Is picked shoulders. s. 5Oas; Picked
hams. sl6aiO.i5. Lard steady: refined quiet
firm; mild firm. sugar-Raw nominal; refined
quiet
The market for coffee futures opened steady
at decline OF io92o points in sympathy with
lower European cables. which. In connection
with rather heavier primary receipts. attracted
considerable liquidation and selling by Euro
pean interests On the opening decline. how
ever, leading bull interests came 70 the support
of the market and during the entire session
there q fair demand from scattering sources.
so that In the absence Of aggressive bear opera
lions the market ruled generally steady to Arm.
recovering its early loss and closing at
changed prices to an advance OF points Sales
$50 900 bags. including: January. 6.50d6 Sc;
February. s.75c; March, s.75ds. CSC; May. 7.050
Use; July. 7.25d7.5ec; August. 7.3sc September.
145q7.65c; October, 1901 60c; November. Z7oc
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23
BROKERS VIEWS ON THE
WHEAT AND CORN MARKETS.
Trading I'm Both Wheat and Corn Pits
Very DuII-AustraIia and New Zea-
land Crop S0,OOo,OO Bu.
Meyer & Kiser.l


CHICAGO, Dec. 22-The dull tone and In
active trade of to-days session in wheat her
aided the near approach of the holidays There
nothing in the way OF news to inspire ag-
gressive operations either way, IL the
crowd had been inclined 10 make engage
ments. The most Significant feature developed
was the entire Jack OF snow protection through
out the winter wheat belt. Receipts at primary
points were 400. 900 bu in excess of a year ago.
largely due to the heavy arrivals in the south
west. Kansas City and ST. Louis received 54l.-
900 bu. compared with $4,000 bu year ago.
pool market closed I'd lower TO I'D higher. The
total crop in Australia and New Zealand Is so.-
plus of 100000 bu and this constitutes a rec
ord. Advices from the Argentine report more IA
vorable weather for harvesting operations
Corn participated in the holiday character OF
the wheat trade. Speculation was light and con-
ket was lower. Weather conditions are perfect
for movement and for curing OF the crop Local
rspors beter foreign INQUIRY ana ana ooa.
taken for export.
IPorterheld & Col
CHICAGO. Dec. 22-It was a case OF 'one's
afraid and the other wouldn't in the wheat
market to-day. The Northwest and the primary
receipts large. The cables lower and
the war talk less abundant. All this was bear
ish. but the crowd are short at lower prices
and afraid 10 put out more while the big fell
this unusual condition prices would have sold on
cent or more. We don't look for much activ-
short side but advise caution and close stop loss
orders The corn pit was quiet AFFAIR. May
sold once at 4el4c. but there pressure 10
sell although the receipts were liberal and
weather favorable.
IA r.. Thompson Col
CHICAGO. Dec. 22.-The wheat market to-day
has been OF the holiday sort. with the dullness
resulting in a decline. There were very large
Southwest receipts-ss7.oco bu at Kansas City and
Sal. 900 bu at st. Louis. yet Kansas City was
some higher most OF the day. with other mar
kets lower. Gables were of a fraction. except
that Paris up &c December The Argen-
tine cables reported favorable weather for har-
vest. with wheat IN certain provinces al
ready secured. The seaboard reported twenty
two loads. There big trade. Shorts
seemed inclined to get out and holders TO SELL
The winter wheat belt is bare OF snow but the.
clear weather ideal for a big movement
The corn market has Just about held. The Dit
has been very quiet The cash market has been
nc TO 1c lower. Receipts were AIS There
has been little demand from the cash interests
the elevator people. This selling has rot been
large. but IL took a little of the price early
There has been some covering and there was a
very good commission demand for the May at
1890. sufncient TO keep little over the figure.
later in the day.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23

Nearly 400 shares of Union Traction common
stock sold the break the latter part of
last week. The sales made on a scale
from 2sA down to price under Is. All of these
blocks. The sales made in the open mar
ket and have not been reported on the Stock
Exchange.
The banks and trust companies Of Indianapolis
will be closed from tomorrow night until Mon
day morning HaviNg but -four. business days
will cut the volume OF clearings down consdera-
bly, this week. and viii swell the showing the
first part of next week
There will not be another session OF the local
Stock Exchange until next Monday. At the ses-
sion yesterday morning an adjournment was
taken for FIVE days. The New York Stock Ex-
change will adjourn tomorrow afternoon for
three days. +.
'sThe year 1903 has been fairly successful
ono in the local securities market" said a MEM
Der of the Stock Exchange yesterday. when
asked about the volume of business in the local
market this year. I'VE haven't done anything
like an immensely large business this year. but
consideration 1 think the volume OF trading in
the local market this year will be about as large
that of 1902"
Newton Todd reports the sale of block of
100 shares of Indianapolis Street Railway stock
at So This is u point higher than the Stock Elk
change bid price. good many large blocks Of
the street railway stock have been sold in the
local market lately Few of these have been re-
ported on the Exchange. There has been big
demand for all the securities of the Street Kali
way Company, and they have been absorbed
at advancing prices as fast as they were Of
fered Practically all of these securities sold
in Indianapolis for some time have been brought
out from Philadelphia. One of the large Phila-
delphia holders of the Stereet Railway stock
has been getting rid of these holdings lately,
and a good part of them have been taken by
local investors.
; )
The books of the Security Trust Company for
the initial dividend closed last night The divi-
dend is payable Jan. 1. One hundred four and
one-half bid for Security Trust stock at the
session OF the Exchange yesterday. This Is the
highest bid on this stock for some time.
+
Reports came over brokers' wires yesterday
from Wall street to the effect that there is con-
siderable talk of the United States Steel Cor
poration not cutting the dividends on the pre-
ferred stock 10 per cent. There seems to have
been a general understanding in financial circles
lately that the per cent dividend would not
be maintained for the reason THAI the company 5
earnings for the present quarter Will show a
large decrease from the previous quarter. With
the rumor that the per cent. dividend Will be
maintained comes the report that the earnings
predicted.
The New York banks have gained s.. 25o. 900
from the subtreasury since last Friday Pres
ent indications forecast another good bank
statement this week.
A very important announcement was to have
been made in Wall street yesterday. showing the
attitude of important financial interests
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23
TRADE IN GENERAL
Quotations nc St. Louis, BALTIMORE
Cincinnati and Elsewhere.

patents - as9t az extra fancy and straight. $3.50
s. .sOa2. s5 Bran steady to strong; sacked. east
s eeSs;or a nominal
size; May, slsc; July, 7sc; No. hard. 7sa77o.
er: No. z cash. ssc; track, &c; December. $50:
o Msy. ssSGr prairie. sses5o whisky steady
at isls Cotton ties. si;os. Baeging. ssgshe
Lard lower; prime steam. ss.S5 Bacon steady:
shorts. Sis: clear $50; short clear; SIS. Re-
6. 90 bu; oats. 10000 bu. shiPments-Fiour.
II 900 brls: wheat. 5000 bu; corn. $500 bu; OATS
ssisc: MAY, sstsc: cash, No hard, sssfaTsc: No.
3. ss,.aesc; No; red. sass: No :. 7sasic. Corn
sc; no. white. ssas7i4c; No ). ssGS5c. Oats.
No white ssa q; g; No No mixed d, stGsse Re
s Soo b~ shipmentsowhess. IL, 500 bu: corn.
8, coo bu; oats. s.0oo bu.
CINCINNATI. Dec. 22.-Flour quiet. Wheat
firm: No. red. 906f90izc. Corn easier: No.
mixed. s2c. oais-No. Z mixed. ssIzGssc rye
steady; No 2 SIC Lard quiet ,t, at ssssA Bsik
ky-DistiIlers' finished goods steady on basis OF
NH. Sugar easy.
DULUTH, Dec. 22.-Wheat-To arrive. No. I
hard sl7sc nominal: No. northern. sokc; No. .
northern 775sc; track. No. I northern. soHc:
No ? northern. 7s5sc: No. spring. 7i5sc: Decem-
Der. 1850: May. Ssso-
TOLEDO. Dec 22-ciover seed-cash and De-
cember s70zls: January. Sozis: February. Sos:
March $40 Prime timothy. Sl.40. Prime al
sike. Sc s5 wheat-December. ssAc: cash. Ssac:
May. S6A.c.
MINNEAPOLIS. Dec. notwithstanding,
-eT.c. NAV S7sc: July. Nhc: track. No.
hard s2s.c. No I northern sSc: No. northern.
7sISc: No. northern. 72a76azc.
LIVERPOOL D@c. 22-wheat-spot firm; No
red western winter. IS Sd. Corn-Spot steady:
American mixed. A. 2d.
BALTIMORE. Dec. 22.-wheat-December.
s7sc May s6lsc. corn-January. asAassc; May.
4siz44sa4c-
MILWAUKEE. Dec. 22.-Barley steady: No. 2.
ssc. sample, 35qSslxc.