davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-01-30
AGENTS WANTED


o o o o o o o o o
O WANTED-TWO OR THREE FIRST Q
O class district managers to represent an o
O old reliable legal reserve life insurance o
company in the northwest A splendid o
o contract awaits the right party. Address o
Charles II. Harris.
0 Supervisor of Agencies, o
0 Auditorium Annex, o
o Chicago, Ill. Q
O
AGENTS ON SALARY OR COMMISSION. THE
greatest agents seller ever produced; every
user of pen and ink buys it on sight; POO to
500 per cent profit; one agents sales amounted
to $500 in six days; another $32 in two hours.
Monroe Mfg. Co., x 12o, La Crosse, Wis.
AGENTS WANTED ALL OVER THE UNITED
States; paying proposition, something new
and attractive, needed in every household.
Write today to P. o. Is, Canton, MINI.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-01-30
PROFESSIONAL

sUPERFLUoUs HAIR, MoLEs. ETC., PERKA.
nently removed by electricity. Miss HOLSTER.
1913 Syndicate Block. Pioneer stand Of the
northwest. Exclusive specialist.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03

surplus reserve is computed upon the basis
of general deposits, while the surplus ID
calculated upon the basis OF deposits, less
those of public funds, against which no re-
serve IL required. according to the ruling
of the Secretary of the Treasury, Is a
little more than two millions greater, as
shown by the table which follows. The
was S71OS.5OO. which sum corresponds
very closely to the preliminary estimates
The deposits were reduced In consequence
of this loss of cash. and the decrease OF
81 ,GS7, 100 in the loans by S14, 498,S 500, which,
1t may be observed. Is only $253,SOO less
than the sum of the reduction in loans and
the loss of the cash; therefore the state
ment made a good balance. Deductfng $S.-
ga, 300, the amount of the reserve required
against general deposits from the above
stated loss of cash, leaves So. 800 as the
decrease in surplus reserve to s., 80,
which, as above stated, was within $3447 100
of the lowest of the year, as recorded
March Is Computed, however, upon the
basis Of deposits. less those of $S.o520OO
public funds, the surplus Is 81 ,631 100. CIR
culation was increased SIS4,SOO, making a
gain in this item since July ~ of $4,29U,9 O0.
On March Is. when the surplus reserve was
holdings were S1.61T 800 greater than they
were last week. Loans were nine and a
quarter millions smaller. and deposits were
seven and four-fifths millions more. The
daily average of bank clearings last week
S21G.UN against S262 OO0,0jO in the
previous week; the clearings on Saturday,
rejecting Fridays business, were 1918 574,-
042 Comparisons of changes in loans by
individual banks show that eleven institu-
lions reduced this item by eight millions
net; eight banks lost five and two-fifthS
millions net cash.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
LONDON STOCK MARKET.
Peace Announcement Sends Prices
Upward

LONDON, September Perpetrators on
the stock exchange this week were natural
ly excited and pleased by the result of the
peace negotiations which had been awaited
so long. and spectators and investors
bought heavily sending up quotations all
around, war stocks, which were most reQul-
sitioned leading the advance. A good deal
of profit taking followed the upward burst
and much of the improvement disappeared,
but the quotations showed substantial gains
for the week, Japanese experiencing
further FLIP from the reports that Japan
will not require further loans at present.
Berlin bought Russians freely, but Paris,
which was upset by the sugar failure, only
operated sparingly and some uneasiness pre-
walls here as to the outcome of the forth
coming settlement in Paris. Otherwise the
market presents a bullish appearance. Chi
nese securities received much attention with
the conclusion of peace and are decidedly
strong
Americans developed a reactionary ten,-
dency the peace treaty evidently being
used in Wall Street for heavy realizations
while the money stringency in New York
made operators here act cautiously. The
idea prevailed that the highest points had
been touched for time and that prices
would balance several points lower.
Money has been easy through the week,
and frightened only temporarily by month
end requirements. 1t Is expected that sup
plies will continue plentiful. despite the
autumn requirements.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
l2O Points for Investors.

his own country. The mob Is certainly
stupid and undiscriminating. but this coun-
try is too rich to stay poor for very long at
a stretch. This u.s. Of course, very easy to
see now, but in Cammach's time there were
many things which tended to obscure the
vision Of a man who would look very far
ahead. Once in a while an exceptionally
clear-sighted man like Norman B. Ream
expresses this admirably, as when he told
a sdyspeptic bear: Young man, I have
helped to bury twenty-five men who bet
against the United States"
There, when confronted by such con-
dition as confronts the stock market today,
when the country Is prosperous but securi-
ties are very high in price. the offset OF
higher money, ETC.. might easily have some
effect on quotations for a few points. but
the real question is, can or will the public
work itself. into such state of mind as
to gamble madly in stocks irrespective OF
price? 81
There is more money in guessing this
than in determining the exact number or
words In the Bible
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
London Money Market.

LONDON, September 2.-The supplies OF
money exceeded the demand in the mar
ket today. Rates were easy. Discounts
wre firm despite the cheap money.
Trading on the stock exchange was quiet,
but moderate investment buying and the
strength of Japanese impaired steadiness.
Consols at the opening hardened fractional
ly, but eased later.
Americans opened weak, but the recent
lower level induced fresh buying, which.
with Wall street support, caused harden
ing all round. Prices closed firm.
Japanese were the most active among
foreigners and improved under fresh in
vestment purchases Internationals were
steady under continental support.
Japanese imperial Gs of 1904 were quoted
at 105
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
CHICAGO GRAIN MARKET.
Wet Northwest Weather Cause for
Firmness.

CHICAGO. September 2.-Wet weather
northwest was the principal cause of a firm
wheat market here today. At the close
wheat for December delivery was up " of
cent Corn Is up u Of cent. Oats and
provisions are practically unchanged.
The wheat market was firm the entire
session. At the opening the December
delivery was shade to " higher, at SIN
to S1Aa& cents. Throughout the spring
wheat belt additional rain had fallen during
the night. This fact largely accounted for
the firm undertone that prevailed in the
pit. In addition some apprehension was
caused by low temperatures throughout the
Canadian northwest. Much wheat in that
section was reported still in condition
liable to considerable damage by frost. An
other bullish factor was report from an
English crop statistician telling Of fair in
Quiry for American wheat. Demands was
moderately active the entire day, but offer
ings were light. Late In the session the
market gained fresh strength from an an
nouncement that Buffalo millers were buy
ing hard wheat here. Covering by shorts
carried the price of December up to S1%a
s1M cents. The market closed firm, with
December at S12aS1%. Primary receipts
were liberal, arrivals at all points today
being 1,01S,OOO bushels compared with IT,
DuSnelS Il year go. MlHnedpOllS, Luz
luth and Chicago reported receipts of 469
cars against 240 cars last week and 294
cars year ago.
The air eaten frost for the more northerly
section of the corn belt caused firm tone
in the corn market. A report of five boat
loads of corn taken for exports helped TO
stimulate demand. The volume of trading,
however, was small. The market closed
at the highest point of the day December
opened unchanged to u cents higher at
431a to 1885 cents, sold between 43 and 439s
cents and closed at 1885 cents.
Local receipts ISL cars with 241 of con-
tract grade.
Firmness of other grain held the oats mar
ket steady Notwithstanding moderate profit
taking in the September option. December
opened shade higher at 265s cents, sold
off to 26as cents and closed at 26k. Local
receipts were 2s6 cars.
5 cent decline in the price of live hogs
had weakening influence on the provisions
market early in the session. Later a fair
demand from shorts caused a steadier tone.
An estimated decrease In the worlds stock
of lard was an additional bullish factor.
At the close October pork was up 5 cents
at 15.22h. Lard was off 21a at S.02H. Re-
ceipts were unchanged al $50.
Estimated receipts for Monday: Wheat,
So cars; corn, 1875 cars; oats, 219 cars; hogs,
$4,000 head.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
Inactivity at Manchester.

MANCHESTER, England, September a.
Inactivity prevailed in the cloth market
during the week, owing principally to the
wide difference between buyers and sellers
ideas and the high price of cotton. China
and India business was practically at a
star dstill Only a few sales of shirtings
were reported in the latter direction There
ing cloths, but the firmness Of the manufac-
turers restricted business. Yarns were in
limited inquiry Fine sales of the minor
American cops occurred at the late rate.
Spinners were not inclined to anticipate a
further fall In cotton and generally held to
the recent quotations
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
Foreign Bourses.

BERLIN. September prices on the
bourse today were weaker, especially ship
ping companies shares.
PARIS, September 2.-Prices on the
bourse today were very firm. Russians
were particularly strong on the approach
of the signing of the peace treaty. AS
avoidance of payment of indemnity
makes 1t unnecessary to draw from Paris,
the Russian balance from the last loan
leaves a large available balance.
Russian fours gained franc As confines.
The price of Russian bonds of 1901 was
$3.50 and that of Russian bonds of 1904
$1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
New Arrangement of Rothschilds.

From the London Globe.
The death of Baron Alphonse de Roth
schild has entailed the reconstruction of the
French branch of the famous banking house.
An official statement has just been made
as to the details of this Encouragement The
old firm. known Rothschild Freres,
which consisted of the brothers Alphonse,
Gustave and Edmond de Rothschild, Is dis
solved, but the two surviving brothers,
Barons Gustave and Edmond. reserve to
themselves the right of liquidating the bust
ness, which they then proceed to recon-
struct, taking into partnership Baron Ed
uard Alphonse. son of the late Baron Al
phonse, and retaining the firms old title of
Rothschild Freres. The capital is e. ,0000O0.
subscribed in three equal shares, but
whereas the two senior partners contribute
portion of their shares in good will and
in estates already belonging to the firm, the
newcomer contributes the whole OF his third
in cash.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
Imports at New York.

NEW YORK, September 2.-Total imports
of merchandise and dry goods at the port
of New York for the week ending today
were valued at $13. ,295
Total imports OF specie at the port of
New York for the week ending today were
SO $50 silver and gold. Total exports OF
specie from the port of New York for the
week ending today were $Sl5.220 silver and
e. OOO gold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
London Wool Trade.

LONDON, September 2.-The wool trade
has beendull during the week. The arrivals
for the next series number 68.547, including
10000 forwarded direct. The weekly imports
follows:
New South Wales, 544; Victorian 36S;
South Australian, 167; New Zealand. 5216;
China, 1876; Singapore, 517: Bombay, 5S1;
Marseilles, 1853; various 759 bales.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
New York Cattle,

NEW YORK, September 2.-Beeves: Receipts,
368 head nothing doing; feeling weak; Liverpool
and London cables unchanged; exports, 1510 cat
tie and 8 300 quarters of beef.
Calves: No fresh arrivals worth noting; feeling
steady; dressed calves quiet; city dressed veas,
ea13la; country dressed. Sa12k
Sheep and lambs: Receipts 452s; sheep
steady TO strong; lambs 10 cents lower; cars
unsold. Sheep. 350a5.25; culls. 250a3 rs; lambs.
6. 75aS. 49, culls, 450a6.00; no Canada lambs.
Hogs: Receipts. 2.435; market easy, but no
sales reported.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
Worlds Rich Men


Marshall Field Of Chicago. who is now
prominent in the public eye by reason of his
uncomplaining payment of taxes on s40.-
OK, 600 Chicago property, is close COM
petitor with three others for rank as third
richest man in the United States. By COM
mon consent John d. Rockefeller heads
the list with Andrew Carnegie second. The
three next are H. II. Rogers, William
Rockefeller and Marshall Field, with J. p.
Morgan Jacob H. Schiff and ]. J. Hill trail
ing not very far behind. Mr.. Fields for
tune probably approximates 225,OO.OO0.
It's possessor has been uniformly fortunate
since Potter Palmer. the veteran dry goods
king of Chicago, sold his establishment at
cost and upon their own terms to his lieu-
tenants, Marshall Field and L. 2. Letter.
That was just after the civil war, and Chi
cago was seething. The young merchants
made money hand over fist and invested
1t as fast as prudence would permit. Among
other things they put few hundred thou
sand dollars into Colorado gold mine, and
within three years took out 100000. BY
and by the partners disagreed, and on
buy OF sell proposition MI. Field TOOK over
poor regard for his partners ability and
predicted his speedy failure. When Letter
died two years ago he was worth 10000
coo, after having put up $10.500,0O0 only
three years before that in settlement Of
the debts of his son Joe in trying to cor
ner the wheat market. Field pursued the
even tenor of his way and made 50 and -
for every 81 amassed by the partner VINO
quiz him in anger.
1t was TO Marshall Field that the late
George M. Pullman went with his scheme
for the creation OF the Pullman Palace
Car Company, and 1t was Fields money
that made the enterprise possible. Field
and his cronies made great sums out
of Pullman car. and are still among heavy
Shareholders in the big corporation. which
has been a mine almost from the begin
ming. His money aided largely in the de-
yeiopnent of many of the railroad systems
ceptering in Chicago, and his stock and
bond holdings in them are still immense.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
New York Provisions.

NEW YORK September 2-The market for
evaporated apples shows change far as the
spot situation Is concerned, and the recent reports
of short sales to exporters do not seem to have
Influenced the tone OF the market. Common 10
good quoted at 41aa6; prime at 7a7A; choice
at IN.
Prunes remain firm. with quotations ranging
from AZ to IA according to grade.
Apricots quiet. with choice quoted at SaSk;
extra choice at saaSA and fancy at 91aa10
Peaches are held at 111a for fancy, that being
about the only grade Immediately available.
Raisins continue firm. with loose Muscatel quoted
at 5ha71a; seeded rasins at 5AasA, and London
layers at 1a1.15.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
Metal Markets Quiet.

NEW YORK. September 2.-The metal
markets were quiet today. Tin was IN
light demand and easy at 81. 25a32. 30 Cop
per nominal at 1625al70o for lake and
electrolic and 15.s7i2a16.374 for casting
Lead quiet at 4.s5a4.D0, and spelter dull at
5.I0a5.so. Iron is reported firm and un-
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03
The Bond Market.

Many who have watched the operations
OF the banks in their relations TO the stock
market profess to in the rumors of
possible money stringency something more
than a mere phantom. They point to the
low reserves. less than one-hfth of those
year ago. and many millions below those
of 1903, and to a loan account expanded far
beyond ordinary proportions. The weeks
liquidation of stocks which Is believed to
have settled the fate of several pools and
numerous individual accounts was salutary
for other reasons. 1t found some refec-
tions in todays bank statement, which re-
ported comparatively slight decrease in
the loans. but the situation is still far from
satisfactory at a time when the promised
bumper crops are sure to call. as they al
ready have done. for unusually heavy
drain upon our weakened resources. Money
evinced tendency to harden toward the
end but the banks loaned freely for pur-
poses of commercial development IN which
the outlook continues most promising. jap
anese war Issues were the dominant fea-
ture OF the bond division. the advances In
the early week being accompanied by an
enormous volume of trading, under cover
of which there was doubtless good profit
taking. Further evidence OF the excellent
state OF the bond market was found In the
higher prices fixed by the syndicate for the
balance OF the Pennsylvania 3i2 per cent
convertible bonds not yet marketed.
United States 80 coupon advanced II and
the old As &c. call on the week.
Decrease in Cash Reserve.
NEW YORK, September 2.-The Finan-
cier says this week:
The striking feature OF the official state
ment of the New York associated banks
last week was the important decrease in
the cash reserve TO within SS44.T00 of the
lowest OF the year. large loss OF cash
was foreshadowed during the week by the
almost daily transfers of currency to Chi
cago and New Orleans, which indicated
heavy direct shipments and the extent of
the loss was pretty accurately disclosed on
Friday by the estimates that were based
upon the traceable movements OF money
for the week. 1t may be noted that the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03


Much the same thing happened at the
time of Mr.. Cleveland's famous Venezuelan
message. The ticker apparently deaf.
The professionals read 1t and asked what
1t meant. A few people thought London
would not like 1t, and prices for American
stocks there would be little lower the
next day. Even the sagaoious Mr.. Keene
did not realize what 1t meant until a news
paper man with nothing but the news in
stinct' told him 1t meant serious trouble.
Mr.. Keene was inclined to doubt 1t, chiefly
because he was Tong Of stocks and had
been for some days looking for higher
prices. But the newspaper man, in his
imagination, was reading the 'scare-head
captions on thousands of newspaper art-
Giles in England and America, and he i'm
said: 'It Is a scorpion article. The sting
Is in the tall Mr.. Keene doubted that
the countries would be so foolish as to go
to war. The newspaper man did not look
for war, but he did look for tremendous
agitation in both countries and wild shrieks
from the lingo press and infamed feelings
When once Mr. Keene saw 1T from the
same point of view-that Is, when he real
lied that the mob Is not long" of common
sense and calmness. ne very promptly rom, re- re-
stocks he owned, and some thousands OF
shares he did not have. The street later
thought he was wonder, and Whicn. IN
deed he Is But neither he nor the street
generally realized at first that the public
Of both countries would not think war
absurd or impossible.
X
You can lay down rules for determining
the ..intrinsic value" of securities, based
| upon earning capacity, trade conditions,
etcS!Sput when 1t comes to speculation prop
| err. in broad sense, It is knowledge Of
human nature generally, and particularly
| of the psychology of the stock gambling
! mob. that counts. On this point opinions
| differ Mr.. Addison Cammnch commended
| that the public always did the wrong thing
| in Wall street and that by consistently
| ..coppering the mob he must win out. The
| one weak point of his position was that he
underestimated the tremendous growth Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-03

Bucket shop interests have been unusual
ly active during the last few days to ac-
centuate the weak points as they developed
in the stock market. Certain Boston cam
pagning of an extraordinary kind Is sup
posed to have been inspired in that disrep-
utable quarter
The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1905-03-11
SLOPE, THE "GARDE'N SCOT

J. w. Smith, president of the
First National Bank Of Fargo. his
son and Morton Page, came upfrom
the metropolis Sunday on a seed
wheat purchasing trip. Mr.. Page
went up the Washburn line this
morning and the others went across
tae river. In speaking Of the grain
grown here last year, Mr. Smith
said it was the best he had seen
for years.. that it was mostly the
good. old-fashioned Scotch fife that
is now SO seldom seen in the Red
River valley. Il had to come to
the Garden Spot Of the state for
Seed said he, for good clean seed
wheat. and while the farmers have
jumped the price up from 81 to
$l.35 Eer bushel for their prize pei
let's, we must have it, and I'm going
across the river. where I hear there
is something good for sale. / have
found the grain in this section run
ming as high as 81 pounds to the
bushel, which is good enough to
satisfy most anybody" Mr.. Smith
has large areas i'll crop annually,
and is known not only as one Of
the leading bankers Of this state,
but as one Of the most progressive
farmers, and a compliment Of this
character from him is appreciated
by the Slope farmers. Bismarck
Tribune.
The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1905-03-11
ADJOURNMENT.

Last Friday, the Ninth Session Of
the Legislature adjourned to meet
two years hence. The closing scene
was devoid Of amy excitement. the
business Of the session being prac-
tically finished at IL o'clock P. NJ,
The Ninth Session added but few
laws to the now overburdened stat
ute book. Those that were passed,
bear the stamp of merit; among
which, the Capitol Improvement
Law means that the state will have
a capitol in keeping with the great
State of North Dakota, instead of
the present unsightly pile Of bricks:
the Primary Law, which is yet to
be tested; the Pure Food Law, and
many others. A State Fair Law
was passed, dividing the honors be-
tween Grand Forks and Fargo.
The state will have a hard time to
establish fairs in two towns.
The Resubmission Bill was killed
early in the session. A law was
passed providing for a census of
the state for the year 1905. The
appropriation at this session foot
up the largest i'll the history of the
state. The institutions are in need
of more money to- meet the de
mands put upon them by the rap
idly growing state. The money is
we'll spent. At the last moment, a
law was passed prohibiting the kill
ing of beaver until 1920.
The Ninth Legislative Session
has done we'll, and the members re,
turned to their homes with aknowl.
edge that their work during the
past sixty days has met with gen;
eral approval.