davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-16

wish for. Besides that she is attractive
in mind and person. but with all this
she has determined to enter the field
Of eYangeliStic work and devote her life
to teaching the moral law, and helping
to saveA sinners by exhortation Miss
Robinson's determination is all the
more remarkable in view of her great
musical ability. She was the director of
a church chorus and received a most
generous Salary@which she didn't need
at all-and the rare quality of her
voice made such an Impression on the
impresario Of an opera company that
he offered her $4,000 for one year if
she would give up the church choir
and go on the stage. She declined, and
now she gives, up the choir salary to
go out into the world without pay and
preach to the unregenerate. The most
strenuous efforts of friends and rela-
tives have failed to swerve her from
this fixed purpose.
That interesting story from Western
Pennsylvania of five children at a birth
is not credited by any Of the physi-
clans competent to speak in the ma
ternity hospitals Of New York. Rec
Ords going back 100 years have been
searched without finding any record
! that can be depended upon of such an
extraordinary departure from the nat
III dl law. Dill III SldllSIlCS, WHICH are
compiled with great care, show that
tripletS are born about one in ten thou
sand cases, and Quadruplets once in
three hundred thousand cases. Triplets
/ have almost the same chance for life
as twins, and usually are of the same
sex. Sixty per cent of twins born are
the same sex. Quadruplets are so rare
that the ave%age of the division cannot
| be determined. 1t is unusual for any
one Of four children at a birth to sur
vive. There is an unauthenticated rec
ord Of five children having been born
at one time in an italian province, and
it is said the mother was presented
with five ounces of gold by member of
| the royal family. The exact date is
not given, nor the name of the woman.
! She is spoken of as "a peasant greatly
favored by the Lord
| The tie of consanguinity between
| twins is believed to be more pronounc-
! ed than in the case of triplets. The
| majority of twins are alike in tastes,
| thoughts and habits. One of the most
! remarkable instances of this close sim
/ ilarity was that of the Rusk brothers,
| who committed suicide by Ieaping to-
! gether into the canal at Trenton. They
were grown men at the time of their
! death and had led rather reckless lives.
By some mysterious form of telepathy
they were able to communicate with
each other at distance Of from one to
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-16
Assessment District for Opening, Widening
and Extending the Alley in Block ?,
Hopkins' Addition.

Office Of the Board of Public Works.
City of st. Paul, Mimi. April Is, 1904
the Corporation of the City of St. Paul.
Mimi. will meet at their office in said
city at p. m. on the 25th day Of April
A. D. 1904, to determine the district with
i'm which property viii be specially bene-
fitted by the opening. widening and ex-
tending the alley in block ?. Hopkins ad ID
ditiOn in said city. in accordance with
the final order Of the Common Council
approved April 8. 1904. to ascertain what
property should be assessed therefor.
All persons interested are hereby mott
fed to be present at said time and place
Of determining said assessment district,
and they will be heard
President
Official: r. L. GORMAN.
Clerk Board Of Public Works,
April 16-1904-1t.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-16

Among the many charities in which she
is interested. none appeals more strongly
to Mrs. Seth Low than the helpless and
INDECENT blind, and especially the blind
babies The children that come into the
world bereft Of the most important Of
the five senses arouse the greatest sym
pathy, although, considered from the log
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-16
GOSSIP FROM GOTHAM.

It may be put as a certainty that
Miss Mary r. Robinson. of Pittsburg.
is as one woman in ten thousand. She
is the niece Of John G. Robinson. sec
rotary Of the Pittsburg & Lake Erie
railway, and has a fortune of $500. 900
in her own right. Her home is one of
the most luxurious in the Smoky City.
and she has everything in a material
way that young WOman's heart could
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
An Ugly Look.

Over 100 Republican members of tie
house of representatives are in peek
Of trouble over the publication of
house report No. 1895. which contains
the report issued by the postoffice de-
partment charging grating against
many OF them. The supplementary
language used by such leaders as eros
yfnor of Ohio. Hill of Connecticut and
others against Assistant Postmaster
General BristOw was certainly I'm
necessary if those members were limo
cent OF wrongdoing. Innocent men do
not need TO explain their conduct in
that way.
The fact that the Republican major
fly refused 70 allow thorough inves-
tigation of all the departments of the
postoffice, which was demanded by the
Democrats. also has an ugly look on
the face OF II.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
ELECTION NOTICE.

Notice is hereby given, that on Tues
day. the fifth day of April, a. d. 1904,
in the city of Rock Island, Illinois, an
election will be held for the following
officers, to-wit:
CITY OFFICERS.
One alderman in the First ward for
two years.
One alderman in the Second ward for
two years.
One alderman in the Third ward for
two years.
One alderman in the Fourth ward
for two years.
One alderman in the Fifth ward for
two years.
One alderman in the Sixth ward for
| two years.
One alderman in the Seventh ward
for two years.
TOWN OFFICERS.
One assessor for one year.
One collector for one year.
One supervisor for two years.
Three assistant supervisors for two
years.
Which election will be open at :
! o'clock in the morning and continue
open until ) o'clock in the afternoon
of that day. Places of registration
and voting will be as follows:
First ward-First precinct. No. 4O3
Fourth avenue.
First ward-Second precinct, No. SOC
Fourth avenue.
Second ward-First precinct, No.
| 1914 Third avenue.
Second ward-SecOnd precinct barn.
No. 919 Sixth avenue.
Third ward-First precinct, county
Jail, Third avenue and Fourteenth
street.
Third ward-Second precinct, No.
1922 Seventh avenue.
third ward-Third precinct, No. 1115
Fifteenth street.
Fourth ward-First precinct, Frick' 5
livery, 1914 Third avenue.
Fourth ward-Second precinct, NJ.
Levy's carriage house, Nineteenth
street. between Sixth and Seventh ave-
nues.
Fifth ward-First precinct. hose
house on Twenty-second street.
Fifth ward - Second precinct,
Schmid's grocery, No. S23 Twentieth
street.
Sixth ward-First precinct, hose
house, Twenty-siXth street, near Sew
enth avenue.
Sixth ward-Second precinct, 4. J.
Riess' barn, No. 700 Twenty-seventh
street.
Seventh ward-First precinct, No.
$40 Fifth avenue.
Seventh ward-Second precinct. Pc
terson's carpenter shop, No. $40 For
ty-fifth street.
Seventh ward-Third precinct. Al
bert Olsen's barn, Forty-fourth street.
between Seventh and Eighth avenues.
II. c. SCHAFFER,
City and Town Clerk.
Rock Island, H.. March Is, 1904.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
COUNTY TEMPLE.
Transfers.
Rock Island, H.. MAJ

March 2S.-Vietta Johns TO jacob
Lorenzen. lot -. block l. Woodin' :
add. Rock Island. $1,000.
Sarah Jane Jordan to II. f. Watt.
els lot ,. block 4. Woods First add.
Moline. so.
Jacob Dodge to y. F. Soderstrom,
lot sc. Dodge'S add, Rock Island. 81.
March 29.-William jackson and G.
VI. Babcock to AXel Lund. lot :. block
p. Third Wheeloek Fifteenth street
add. Moline. 1875.
Samuel Newquist 10 c. NJ. Wahlberg.
lot 6. block I. W. II. Moore's First
add. Moline. 81 500.
James Radcliffe to F. +. CrOmpton.
tract by metes and bounds. WIZ. nwI4
;. 16. 2w. $500.
c. w Lundahl to II. \. Smith. lot
-. block >. and lots IA and Is. block
T. c. W. LundahI's Nineteenth street
add. South Moline. $50.
{. II. Pope TO Joseph Rank. lots %
and PC. block 100. East Moline. 500.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

TO hang a bag of silver coins round
the neck of each pauper. Afterwards
the Paupers are given a meal, which
is served to them by the emperor and
the archdukes of the imperial house.
The emperor lays the table. fetches
dishes from the sideboard, places
them in front of his pauper guests
and removes them again when the
course has been eaten. \ dinner of
three courses Is served in this way
by the emperor. who attends on the
party with all the proficiency of a
trained waiter. The archdukes carry
the dishes 10 and from the sidebOard
and the kitchen.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
Royal Humility.

The ceremony of foot washing has
been performed by the emperors of
the house of Hapsburg. in Austria.
on Maundy Thursday. which falls to-
morrow. fer many centuries. and the
custom i kept up. Twelve aged pau
perS are selected from the aims houses
of Vienna for the occasion. and il al
ways happens that their aggregate
ages total over 1000 years. The pro-
cess cf humiliation to which the en-
peror submits himself i conducted in
one Of the large halls Of the palace in
Vienna in the presence of the arch
dukes and archduchesSes Of the i'm
perial family. Of the high officials Of
state. the commanding officers, Cf the
arm1. the diplomatic corps and the
nobility. There are usually about
1.5O9 spectators of the curious scene
After they have been washed and
scented. the - beggars are placed in
a row with hare feet. The emperor
ku ,c'> down and washes the feet of
each brggar i'm succession. moving
aloTr go ~rw on III kneS. The basin
i held by two noblemen of the Aus
triaa arisf0cracy who possess At least
T. Noble ancestors both ON the Pater-
nal and maternal sides.
after the foot washing j. over the
emperor passes along the row again
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Lieut.. Arthur l.. Willard, of the
navy. is To be given fine sword when
he visits his home in Kirksvilie. Mo-,
next summer. The sword will be given
him for gallant service rendered dur
ing. the Spani>h-American war. II
cost $500 and was paid for by toe
state. On the scabbard i engraved:
presented To Lieut.. Arthur Lee Will
lard. |. :. Navy. by the State of Mis-
souri,. in recognition of his bravery in
planting the first American flag on
Cuban soil At Diana. Cardenas bay.
May II. 1895"
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

An innovation in the game of bridge
is Ia play il ny mail. Partners in diff
ferent cities having been arranged.
the four select an umpire. who deals
four hands and mails one TO each. The
game then proceeds in the usual way.
each player communicating his play
10 the other~ through the umpire. II
* not necessary that the players
should he aware of each Others iden-
tity until the contest has been ended.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
TODAY'S MARKETS

Chicago March 30-FoIIo wing are the OF { n
ing. highest. lowest and closing uuo,a,iou s
ia today's markets:
May. eias 90 93IS $50
July. new, S714 esIs e6A sIH
Sept, new, SI5s; s2H; SI4; Blk
Corn
Nav, 54X-. Sc. 54ss E5ai-.
July Sis So =; SIS 80
Sept, 5l1s 81. 81; 5l75.
Oats
MAY, 5 ssz AZ: AZ s t9H: s 49,
Sept 331s; 1915; 329s e; S3h.
Pork.
May - "a: 100: II 80 10 90
July, 1910. 10 y: Is %; lS D.
KsRro
May, 700. 7.s5. 9s 6e2
July. 7.U7-; Z IL. 7O7: 2 10
MAY, 6 So. 6s5. 50: 50
July. o.67; 7.02; 95. Ti0
Receipts rooaV Wpeat II corn IS OF 8
EG nogs a. 600. cattle 10000: sneek 20 ON.
Light IS i0lt5.50. mixeo DUTCH
era. Is '515th. good heavy, t5.15G5.eO rOugn
heavy IS Is ass 30.
OatIie marKeI opened steaSy.
sheep market opened STEADY.
Urton STOCK yards Sac a. m
hog market mostly Ice lower.
Liz NJ Is. iO25 so; mixed ana butchers. Is
a. 3 good neavy, Is 1895 60; rough heavy.
Cattle market steady
Reeves 80 2OaS57O. cows and heifers .l.25
0siJO, stJckets and feeuers g. 2c@si3O.
Sheep marSet steady
6og ma. kSt closed weak 10 to zoe lower.
LINT IS 1893 10: mixed and DutchSrs -. 40
rs 20 good nesTy, IS 1905 81; rough heavy
s. lOEp5 30
Cattle market closed weak except for best.
Sheep market closed strong.
New York Stochs.
Kew York. March 30 The following are II e
closing quotations on the New York stocI
exchange:
Sugar i.79s, Gas 972i, C. r. s. p. 22sf, South
ern Pacific 49Si b. q .. 797s, Atchison com
l4iH. Manhattan -, copper i91S, w. e.
Tel Co. -. L. & n los C. & A Rdg
common 441s. Can. Pacific 1852. Leather. com
mon go, b. K II 437s. Pacific Mail 47h U.
5 Steel ptd. tsH. U. s. Steel common ilb.
s57s coal and iron SssL Erie Common SsIS
Wabash pfd- 81 Car foundry -. & .
W. l515. Rep. Steel pfd., 437s. Rep. steel com
mon "a. New York Cent? al 1I74, Illinois
Central '301s
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
LOCAL MARKET CONDITIONS.
rOdEy's Quotations on Provisions. LIv,
Stock. Feed and Fuel.

rOdHy's Quotations on Provisions. Live
stock. Feed and Fuel.
Rock Island, March SO.-Following are the
quotations on the local market
Provisions
Butter-creamery 22c0sSc dairy 2Oc
EgRs-Fresh l3c.
Lard ice
ave pOultrv-Spring chickens &c per
pound nens g: Ter pound. tn keys lie,
ducks zoe. geese sc
VegetabIeS-PoL4toes SJc Onion 81 80.
Live Stock.
Cattle-Steers $3.50 to f4T5. cows anc
METERS e2DO to 14.0, caves 500 u g no
Hogs-MiXed and butchers 81 ~ to G5<5
Sheep -Year.inss or over, $50 IS CO..
lambs 81 90 to IS 30
Feed sRd Fuel
Grain-Corn 4S to 52c; oats &c
Forage-Timothy nay, 1850 10 40; prairie
e8 TO y, straw i6 50.
WOODLAND, per load - 81
Coal-Lump per bushel lac slack. reT
hushel7 &c
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

The democrats of Rock Island have
the satisfaction of knowing that they
have put off the yoke Of diShonor and
are fer clean. straightforward muni-
cipal government. The republicans
also are bent on doing little house
cleaning on their own account. and
the results should be a little higher
regard NY politicians in the future for
the rights of citizens.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
R..uma,,.m C,,r.a Dav

Mystic Cure for rheumatism and
neuralgia radically cures in l to 3
days. Its action upon the system is
remarkable and mysterious. 1t re-
moves at once the cause and the dis
ease Immediately disappears. The
first dose greatly benefits. 75c and
81 Sold by Otto Grotjan. 1901 Sec
end avenue, Rock Island; Gustave
Schlegel d Son. POO West Second
street, Davenport
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
Wednesday, March 80, 1904.
Rock Island Democratic Township Ticke

Supervisor-M. w. BATTLES.
Assistant Supervisors - LOUIS y
BOURDEAU. JAMES H. LAMONT
EDWIN WARD.
Collector-JOHN c. AUD.
For Aldermen.
First
Second ward-H. W. WARD.
Third ward lotto ii. BIRKEL.
Fourth ward-JOHN p. SEXTON.
Fifth ward-WILLIAM TREFZ.
Sixth ward-FRANK VI. LAWLER.
Seventh
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Napoleon said at St. Helena that it
was making war on Russia that ruin
ed him. and that if he had 100000 more
men with him on his. disastrous. jim
VasiOn he would have lost that many
more. In his opinion no power on
earth could conquer Russia. Accord
ing To this. Japan has a pretty big job
ON her hands-and she may get away
with il. at that.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Gen. Kuropatkin has reached Har-
bin. Now let the earth and the .Japs
tremble. Wonder if KurOpatkin took
q supply of regrets with him?
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

No honest man likes dishonest Of
fetal. Ana the rule works the other
way "a well. Dishonest officials have
little use fer honest men except at
election time
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Port Arthur * not the only war
center nowadays. There is some
heavy bombardment going on be-
tween republican factions in Illinois.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

TERMS-Daily. 10 cents per week. Weekly,
OIL per year In advance.
All communications of argumentative
character, political or religious, must have
real name attached for publication. No
such articles will be printed over nctitious
signatures.
Correspondence solicited from every town
ship in Rock Island county.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

This i the time of the year when
the voter discovers that the candidate
is his friend.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

IW VIBRATION!
" IBRATtON!
" I 3 r a 7 10 ~ !!
sz
| II..mI
MN@
- -
VIBRATION is recognized by the
medical profession throughout the
world to be the best. latest and most
scientific means OF curing all chronic.
nervous and special diseases of men
and women. DIR. HOrne's new Nibra-
tor is the best on the market. 1t
gives from 1000 To 10000 vibrations
per minute. The beauty of this in
strument is that it does not cause
even one bit of pain. but n pleasant
vibratory sensation that will cause the
blood TO circulate perfectly through
the body, which restores all diseased
conditions TO perfect health. Every
one is invited to call ut DR.. Horne's
Office and receive "a trial treatment
absolutely free.
VIBRATION adjusts the normal act
ion of the heart, respiration. pulse.
temperature. oxidation, secretion and
leXcretion. 1t increases metabolism so
that a person can absorb more oXy-
gen. and the Improvement in nutri-
tion j. Il vast power for good, and
alone SutiiceS to correct many NOR
bid states: as govt, rheumatism. neu-
raSthmcnia. neuralgia. anaemia, and
various sympathetic arrangements.
In the Migratory treatment the
clothing of the patient is not removed
yet the vibrations permeate every pOr-
tion of he body with ease. Length
of time of treatment varies from to
20 minutes.
This form of treatment has cured
great many incurable diseases and
materially benefited ali chronic nerv-
Gus diseases of men and women. AT
the present time astounding results
are being obtained by the use of the
Migratory treatment.
The machine is used successfully for
all chronic diseases.
DR.. Horne treats all forms of dis
ease and defOrmities and guarantees
n cure in every case he undertakes.
| At the first interview a thorough eX-
animation is made. and if incurable
you are frankly and kindly told so.
also advised against spending your
money for useless treatment.
Male and female weakness, catarrh
and catarrhal deafness, also rupture,
, goitre, cancer and all diseases of the
rectum are positively cured by his
new treatment.
Call in the forenoon if possible so
that you will not be compelled to wait
so long. Don't forget the number.
Rooms 40. 80 and 81 Mitchell q Lynde
Bldg, Rock Island. Consultation and
N-Ray examination free.
DIR. Horne's office has been located
in these rooms for nearly four years.
which is evidence that he will do Just
as he agrees to do.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Spring is here and the white vest is
once more Tin our midst.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30
THE ARGUS.

Publ,sned Daily and Weekly AZ 1904 Sec
ond avenue. Rock Island, Ill. ENTERED At
the posto1dce as second-class matter
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

BY THE j. w. POTTER 90.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1904-03-30

Notice is hereby given, that on Tues
day. the fifth day of April, a. d. 1904,
in the city of Rock Island, Illinois, an
election will be held for the following
The Saint Paul globe., 1904-10-12
VARIOUS LIVE STOCK MARKETS

Chicago Receipts, 14.G0e, in
cluding 5000 Westerns; 10c lower; good
to prime steers, $5-25 $3.50; poor to me-
dunn, $350M5; Stockers and feeders S2G
4; COWS. $2-50G4.5 80: heifers. 81. 25G5-2 %:
Gamers. $1-50M2; bulls. $1-75G4. IS; calves,
$34T.S5: Texas fed steers, s4.5g65. so;
Western steers, s3.25n455 Hog@Re-
lower; mixed and butchers. $5.60G5- 80;
good TO choice heavy. s5.70d5. .S5: rough
heavy. S5-2545-69; light, S5.40605. 90; bulk
Of sales, $5.50G5.9o. Sheep-ReceiptS. 50. :
600; sheep and lambs steady; good TO
choice WetheTS. $S.59914. 25; fair to choice
mixed, S3M3-50; Western sheep. S3G4 %:
native lambs, s4q5; Western lambs, 81. %
Kansas City, Mo.-Cattle-Receipts
25, e00 including , 500 Southerns: market
steady TO l0c lower: native steers, $40
6.l0; native cows and heifeFS. S1-59G so,
calves, s55a6 a6I5.55. Hog-ReceiptS TO-
06Q; market sc TO 10c lower; bulk of
sales. S5-3oG5-60; pigs and lights, S5.30t7
5-5o- Sheep-Receipts. 1000; market
strong steady; muttons. S. .25@3. so;
lambs. S4G5.5
Sioux City, Iowa-Cattle- Receipts. /
zoe; market steady; stockefs active;
beeves. 50 -50G5-75; COWS. bulls and mixed.
Sz@3-25; stockers and feeders. S2-75G13- 10;
calves and yeaTlingS.- S2-50G3. %. HOGS
Receipts. , 200; market Ice lower: selling.
3G15.56; bulk, S5-S5 5Gl5.45.
South Omaha, Neb.-Cattle-Re Receipts.
6.20e; market easier; native steers. S440
oslo; cows and heifers. S2-40G5- so:
calves, S3Q5-50. Hogs-Receipts. $500;
market &c lower; light. S5.5065-55; pigs,
S5G5.40; bulk Of sales, S5.45 G5.50. Sheep
Receipts. 20.000 market active and
STEADY; sheep. S2-25Q3.75 lambs. $40
q5.
The Saint Paul globe., 1904-10-12
DULUTH

DULUTH, MINI. Oct 1.-THE Eastern
and foreign inquiry is still poor and bids
are far out OF line. An exporter this
morning asserted that the American mar
kets are within sc of price at which
Canadian wheat can be imported Trad
ing was duh December opened 12c lower.
at sL0SSs. fell to SLOTS. bulged TO SL09@s
and closed at S1091s. a gain Of &c. Nav
gained sc Flax was dull October sold
q c up to s1.f5 and fell back, closing 5sc
Up Other options were unchanged Oats
declined 5sc. The close: Wheat to ar
rive. No. 1 hard. S1.111g; No. 1 northern.
$l.093s; No. northern. s1-044s; on track.
No. 1 northern, S1.091s: No. northern,
S1-044s; No. 1 durum 92c; No. , durum.
Gle: December. s1-091s; May. S1-11- Flax,
to arrive, SL143s: on track. s1-143s: Oc-
tobeF. SL1+3s: November S1.141l: Decem-
Der. sI.14Ss; May, s11715. Oats, 10 arrive,
2SSc; on track. 2S2tc. Rye. to arrive.
TSc; on track. 7Se. Barley. 30G45c. Cars
inspected: Wheat, sic cars. last year, so
cars; corn. 1 car; oats. 191 cars; rye, 20
cars; barley. 164 cars; fax, 19S cars. last
year, 339 cars. Receipts-Wheat. $50. .912
bu; oats. 249, ,367 bu; barley. 196.019 bu;
rye. 1926 bu; fax, 117.S34 bu. Shipments
Wheat. 140.519 bu; oats, 120, ,SS5 bu; rye,
54 40 bu; fax, 49, $50 bu.
The Saint Paul globe., 1904-10-12
MONEY RATES RISE
Bank of Germany Is Forced to Make an
Advance

Advance
BERLIN. Oct 1.-THE rate of discount
of the Imperial Bank of Germany was
raised from to per cent today and
the lending rate to 6 per cent. The ad-
vance, followed as usual by an advance TO
the same rates, by the Saxona- -BaYarian
and other note issuing banks, was direct
" the result of the unfayorable money
situation and the shrinkage of the Impe-
rial gold stock. although 81 1850 600 was
imported from London during the last few
days, besides the banks heavy advances
10 Joint stock and private bankers for fur
Of the present position on the rnoney mar
ket are fairly clear. The announcement
that the Imperial and Prussian govern
ments would jointly issue $3.50 600 in
treasury bonds came at the end of Sep
tember when the Berlin market was ira
ditionally under heavy pressure for cash
to meet certain annual engagements
Immediately after that announcement
the great joint stock banks curtailed their
loans ana discounts IN order to be
ready 10 take the bonds. AT the same
time the requirements for the SepIember
settlement became unexpectedly heavy and
caSn- speculation on the bourSe. too, made
made large demands, besides the hunting
for Paris exchange on American account
and money rose until the bankers could
make a profit by drawing cash from the
Imperial bank for Investment in call loans
Hence came an unprecedented pressure
on the banks Sept. &c. with a record
breaking weekly return The demand fer
money since Oct. 1 remained unabated
with calls keeping close TO ~ per cent
The situati was further aggraVa ted
through the fact that the Schandlung or
PrusSlan state bank, which usually is a
heavy lender in the oDen market has lat
terly placed but small sums. having taken
considerable blocks of treasury bills off
the hands of the Imperial bank and hav-
ing already begun outstanding its re-
sources for the year end