davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
BOND DEALING BY BANKS

The taste for bonds as an investment
for idle funds has not been confined to
banks, says William G. Cornwell, COM
pller of the recently issued bond tables
of j. S. Bache & Co. Investors them
selves, the real owners of the idle funds
In banks, have found this to be bet.
ter disposition for a part of their bal
ances than to leave them on deposit in
banks at. lower rates than bonds yield.
consequently there has grown up a de-.
mand for bonds in the communities
where deposits have been increasing
most. Some thrifty bankers have taken
advantage of this demand, and seeing
deposits being drawn out by the in.
weston, for bond purchases, have estab-
lished bond departments for the pur-
pose OF supplying their customers with
such issues as they might desire, and
buying from them, when, for any rea-
son, they might wish to sell. In nearly
every instance reported this has proven
have been acute enough not to cult.
vate this taste in advance and so in
duce depositors to draw down their &C.
counts. The process Of evolution is
shown by many expressions Of opinion
from communities where depositors are
not yet familiar with bonds, Indicating
the attitude Of the local bankers, who
assert that the sale Of bonds to custom
ers would at once reduce deposits It is
only when the depositor has begun to
buy bonds and to draw funds for this
purpose that the bankers, yielding to
the inevitable, have turned the practice
into a source of profit.
In the expressions Of approval of the
bond business many bankers are careful
to state that they do not mean under
writing and floating q special single
issue among customers, with a chance
of unfavorable outcome and a conse
quent bad reputation for the bank. A
number distinctly state that they con.
fine themselves to the classes of bonds
for which customers % are looking, dealing i
practice to buy back any issue he has
offered. even should it decline in value
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
SIOUX CITY LIVESTOCK

Receipts of cattle for the week foot
up few more than last with total
of $500. The stocker and feeder trade
has been in very satisfactory con-
dition and the week opened with the
desirable quality and weight steers
selling fully steady with last week g
best time: The trade ruled active and
yard traders were eager buyers. The
inferior light weight steers were the
hardest to sell and prices were no better
than at last week s decline, and as the
week advanced values ruled to lower
than Monday on this class of cattle and
in fact or all kinds that graded down
to the common order. The best feeders
sold from $3.50 to 1886 and the me:
dunn grades at $3.25@3.40. Good
yearlings sold from So to $3.50 and the
to $500. Stock heifers were in moder.
ate supply and were absorbed by good
country demand at prices ranging from
so to 1910. The yard traders have
made good cleanup this week and
hardly any cattle are left over in the
pens to feed over the holidays.
Fat cattle receipts ran very largely to
butcher stock, but there has been g
fair supply. Of steers Of the warmed-uE
maintained early in the week, but there
was some weakness Wednesday in cows
and on Friday, on the near approach Of
the holidays, prices again broke 100
15c. The best of the butcher stock
sold at $3@3.50, with the bulk of the
medium cows at $2.75@3 and Gamers
and cutters from So to $3.50. In steers
some very. good short-fed lots sold al
IS, but most of the offerings changed
hands at $4.25@475 and the warmed
up steers at, $4,000. More strictly
good cattle are needed at this point by
the packers, and this includes boil
butcher stock and steers.
| Receipts Of hogs were not up to the
estimate and the run has shown a fall
ing off at other centers.. The tendency
has been upward and with hogs selling
at $4.so@4.9o and the bulk arount
$4.S5,. the market is 15c higher thai
the close of last week. At this tim,
last year receipts were heavy ant
prices 40M50c lower a.t 49,, Is.
The marketing of sheep has beer
light, but a continued increase is bein@
shown, and shippers who have tried tn,
Sioux City market have been entirel,
satisfied. The Cudahy Packing com
pany has a buyer at this point AM
with a strong demand the offerings hav,
been well taken care Of at relativel,
strong prices. The market has beef
lower and all markets report mutton
selling at a disadvantage with las
week. The decline at this point is $50
| 25c since Monday last. Lambs sol
this week at $6@7; yearlings, $500
6, and ewes $4.50@4.S5.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
SOUTH ST. PAUL LIVESTOCK

Receipts Of livestock at the South st.
Paul market for the past week totaled
5,0l7 cattle, $50 calves, 21,9l4 hogs and
1888 sheep, as compared with 10,393
cattle, 958 calves, 1856 hogs and 49,
$40 sheep the preceding week, and
4,792 cattle, 36l calves, 28,152 hogs and
11,512 sheep the corresponding week
last year.
Cattle receipts have been moderate
during the week, the total of a little
over 5000 being less than half the run
Of the preceding week, tho slightly over
the run for the corresponding week Of
last year.
Beef trade has been on a steady basis
turnout the week, prices at the close be-
ing practically the same as those ruling
a week before. Demand remains strong
for killing CATTLE. and the supply has
been short Of requirements of local kill
ers. The first days of the week saw
about the end of the season g grass cat
tie, and the supply has consisted of
short-fed stuff. Good finished beef
steers and cows are wanted here, but
those kinds have been very scarce. The
share Of steers was smaller, buyers be-
ing able to secure comparatively few,
while COWS of fair to medium quality
constituted the bulk Of the stuff avail
able.
Veal calves ruled steady turnout the
week, tho there was some dullness on
the heavy and medium kinds on certain
days The supply has been just mod
crate. Butcher bulls strengthened con-
siderably, selling to $2.50@$3.50, while
bologna bulls have sold from $2.25@
2.4O.
Trade in stock and feeding cattle was
changeable. The early part Of the week,
with good attendance Of outside buy
ers, prices showed considerable strength.
Towards the close, however, yard trad
ers being practically in control Of the
situation and not being anxious to stock
up with cattle to hold over the Christ
mas holidays, the market became dull
and bids were generally 10@15c lower
Statesmen are looking for a slim attend,
ance Of country buyers next week, ow.
ing to the holidays, and were advising
shippers to hold their stock cattle back
until the first of the year. -
Receipts Of hogs have been lighter
than local demand calls for, the total be
ing about 1000 short of that for the
preceding week, and over 5000 short
Of the number here in the corresponding
week Of last year. Local packers nee6
more hogs, and prices here being better
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
COPPER PRICES STABLE
A director of one Of the leading LAX
Superior cOpner c0mnanies Saws.

- A director Of one of the leading Lake
Superior copper companies says:
''The present level of prices for cop
per, in my Judgment, will continue for
six months at least. A price Of 1917
cents for lake copper is already estab-
]ished several months ahead, as large
sales have been made at that figure for
"The present Ugh prices are based
purely on supply and demand; there is
no evidence Of its being the result of
speculation. The largest consumers are
practically bare of stocks, which knowl-
edge I have gained direct from in
quiries made for copper from our com.
pany.
'The trade will have to become &C
as the increased cost of producing war.
rants higher figure than has prevailed
in the past,'
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
ELECTRIC FLOUR MILL

The Western Canada Flour Mill com
panv is now erecting -four mill with q
capacity Of 1000 barrels day, at Win
nipeg. In order to have it's flour mil
up-to-date IN every particular. the com
panv, will operate by electricity and
has awarded the contract for the equip
ment to Allis- Chalmer Bullock. limit
ed, of Montreal. This contract includes
two motors of 500 horsepower capacity
ranging from horsepower to 200
horsepower, aggregating $50 horsepow
err It also includes switchboards
transformers and accessories.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
tSeed TraiuS' in Canada.

Canadians are appreciative of good
things originating in the states and
"Good Seed Trains are to be operated
on some Of Canada's railroads. The
Manitoba Grain Growers association, in
connection with the territorial expert
which has already resulted in plans for
several trainS
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24

It has been discovered that the books
of record which should contain in de.
tail the transactions of tho Mutual
Life's supply department under the
management of Andrew C. Fields have
been destroyed or stolen and an en-
ployee of the company who was book.
keeper under Fields has disappeared.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24

One Of the stories current on South.
ern Pacific is that the Hartman interest
found a good deal more company than
they liked on the bull side, and have
been shaking it out. They are strongly
advising Investment purchases of the
preferred, but say. that the market will
have to absorb a good deal Of common
stock before the bull account is placed
on a healthy basis.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
LAKE SUPERIOR COPPER

The Lake Superior copper mines have
this year achieved new high record in
point of output. The increase is esti-
mated by the Boston News Bureau at
1899, 507 pounds, Or 81 per cent. The
actual output for the last four years
and the estimated output for the cur
rent year follow:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24
WALSH HAD $15,250,OOO

The investments of John R. Walsh,
various railroad and industrial enter,
prises, are estimate as follows, by the
Wall Street Journal:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24

Application has been made to list on
the New York stock exchange $6,034,-
100 additional capital stock of the Gen
eral Electric company.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24

The stocks of the Warren Railroad
company and Oswego & Syracuse Rail
road company have been stricken from
the stock exchange list.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-24

In addition, he was interested in at
least twenty. other corporations of a
speculative character.
The men most closely identified with
him in his enterprises have total esti-
mated MAJ Cd wealth of from $40,000,0OO to
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
HOTEL CWiS An UlTIMATum.
Piedmont. in Atlantic, Will Stick to Double
Rates for COnVe ntions.

An ultlmatum from the Piedmont
hotel, to the effect that II Will cot.
tinue TO charge double rates during
conventions, promises by other hotels
OF Atlanta that they will not ad.
vance rates, but viii reduce them II
1t becomes necessary to secure any
large convention, and the adoption of
a resolution declaring that the cham.
Der Of commerce will, In future, lay
stress and emphasis upon the liberal
spirit and ample service" OF other
hotels, with a due statement of the
rates" of the Piedmont hotel, were
the features Of a meeting held Fri.
day afternoon.
The meeting was called for the pur.
pose Of having the hotel and res tau.
rant men OF the city reach an un.
ders;andlng with the chamber OF com.
merce regarding the rates that Will In
future be charged in order that every
one might work together for the up-
building Of the city and the occurring
Of other conventions for Atlanta.
A letter 20 this effect brought
from the Piedmont hotel the state.
ment that the management Of that
place would continue 10 charge during
conventions the double rates that OBJ
tanned during the convention of the
National Association o4 Manufacturers
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
PRESBYTERIAN CHURCH UNION FAILS.
The Proposition TO federste With Other
BronChes 10 Laid on the Shelf.

The forty-ffth general assembly OF
the Southern Presbyterian church ad.
journed at Fort Worth, Texas, Friday,
Moderator Plunkett declared the con.
yention dissolved at $3.50, and at th,.
same time called the next session TO
meet az Greenyille, S. c., at II a, m.
on the third Tuesday In May, 1906.
The discussion Of the question of
federation with other branches OF the
church was long drawn out, and when
the end came II was as far from final
settlement as at any time during the
debate, which preceded the vote.
There Is an irreconcIlable element in
the church that forcefully manifested
itself, which is opposed 70 federation.
and there Is an element slightly
stronger that favors II, but neither
side could muster the necessary
strength to definitely settle the mat.
ter.
In the end, the question, by a vote
Of 80 to 81, was merely referred back
to its committee. 70 which were add.
ed three members. The committee
was instructed 10 bring another plan
OF federation before the next Assem-.
-
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
JyDSE KOHLsAII UPaOLps snfA
Head Of Teemsters' USion Escapes Impris-
onmeni.-Others Given Sentences.

Heao OF Ieemsters' U1ion Escapes Impris.
onmeni.-Others Given Sentences.
In court at Chicago, Thursday, c.
P. Shea, president Of the Transfers
Union, was upheld by Judge Kohlsaat
Union. was upheld by Judge Rohlsaat
OF tho federal court in his refusal t.
answer questions before Master in
Chancery Sherman which might tend
to incrlminate him. Shea is now un.
der indictment in the criminal court,
and Judge Kohlsaat declared that an
swers to some OF the questions put
to him might prejudice the hearing
of this case.
An the same decision which excused
.Aea the court ruled that Barnard
Mulligan, president Of the Express
Drivers Union, and John Donehue, a
member Of the same union, had re-
fused 20 answer questions which could
not in any way connect them with any
criminal proceedings, and they were,
therefore, in contempt Of court. He
sentenced both men to Jas, but al.
lowed them to remain In nominal Gus
tody in the hands Of United States
Marshal Ames for Ave days. In order
that their attorneys might perfect &
review on habeas corpus proceedings
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
MAYOR WEAVER
SHOWS NERVE
Quaker City Chief Executive Again
Gusts Two Officials.
NSTALLS HIS OWN MEN
Row Over Leasing Of Philadelphia City
Gas Plant Reaches an Interesting
Bot Acute Climax.

At Philadelphia Thursday Mayor
Weaver took forcible possession OF
the Offices of director of public safe
ty and director Of public works.
Neither Director Smyth nor Direo-
tor Costello offere5 serious resistance.
Four detectives are now on guard at
the Offices.
Accompanied by HE counsel and
four detectives, Mayor Weaver went
to the Office of Director OF Public
Safety Smyth. He Informed that Of.
fetal that he had been dismissed
and that his presence in the Office
was trespass. Director Smyth with.
drew from the Office.
The mayor placed two detectives in
charge and then went to the office
OF Director of Public Works Costello,
where the same ceremony was re-
peated.
Mr.. Costello also quit his Office and
detectives we're placed in charge,
Rumor was current that the repub-
lican organization leaders intend to
impeach Mayor Weaver. With this
end in view, II is said, a special meet
ing of selected council will be called
for the purpose. Malfeasance In OF.
fee is the ground upon which me
impeachment proceedings will bo
based The organization leaders claim
they have the proof to sustain the
charges.
A writ OF special Supersedess was
granted during the day by Chief Jus.
tice Mitchell and Justice Potter Of
the supreme court to former Judge
Gordon, counsel for Mayor Weaver,
In the injunction proceedings brought
before Judge Ralston in the court of
common pleas to restrain the mayor
from removing from Office Directors
Smyth and Costello. The writ re-
moves the injunction granted Wednes.
day and allows the directors to re.
sumo their duties.
Acting on the writ OF supercedeas,
the new directors at once assumed
charge Of their Offices.
In the meantime the supreme court
investigates the matter.
A dramatic incident Of the day was
the ovation given Mayor Weaver by
several thousand persons on his way
from the city hall to the Union
League for lunch. 1t was a sensa-
tionel demonstration and looked upon
by those opposed to the lease as an
indication of the trend OF popular
sentiment.
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
MORE RACKET IN CHICAGO
Strikers Become 0bStrCperous Again
and Police are Forced to Use
Their RevolverS.

Rioting broke out afresh friday II
the strike at Chicago, and although nc
body was seriously hurt, there were
a number of vicious fights in tn'
lumber district, during which the pc
lice were compelled to use their clubs
and in one instance reyolvers, in or
der to dispense the mobs.
The worst fight In the lumber dis
trict occurred at Twenty-second streel
and Ashland avenue, where a crowd
of men and boys had all through the
morning hurled stones and clubs at
every passing lumber wagon. Finally,
a wagon, on which Police Officer Ba.
gensN was a passenger, came along,
and the mob greeted II with the usual
volley of stones. They also threaten
ed TO attack the driver, and the sit
uation was so serious that the officer,
drawing his revolver, fired six shots
at the crowd, which broke and fed
in wild confusion. None Of the bull.
lets hit anybody.
During the evening general rioting
was prevalent throughout the lumber
district, aud particularly in the ter
ritory near the intersection of Thirty.
fifth street and Center avenue. The
lumber wagons returning from making
deliveries were attacked BY crowds
bt every available opportunity Large
numbers Of men, armed with clubs,
slung shots and bricks, accom- panied
by jeering women and excited chill
dren, flied the sidewalks along Cen
ter avenue, Thirty.hfth street, LOOMS
street and Archer avenue, awaiting
the passage Of wagons, which wore
believed by the crowd to be un-
guarded.
At Archer avenue and LOOMS street
two trucks appeared with one police.
man on each. The trucks were i'm.
mediately bombarded with bricks and
stones, and scores OF air rifles were
brought into play. A bullet from one
OF these weapons seriously wounded
Policeman James Fitzpatrick in the
right hand. The two policemen drew
their revolvers fred over the
heads Of the rioters, holding them at
bay until the drivers managed to
reach their destination.
The strike spread during the day
In a small degree throughout the
trades. There were a mum.
Der of instances where woodworkers
to receive the material de.
livered by non.union teamsters and
walked out. This move in many in.
stances was made by the men indI.
vidually. There was no official ac-
lion taken by any of the material
trades unions looking TO active SYM
pathetic support of the transfers
strike. Several OF the labor leaders
IN the ranks OF the material trades
declared that there is no prospect. in
heir opinion, Of any complete tie.up
IF the building trades by strike OF
he men. There is no movement on
DOT at present looking toward a set.
lement OF the strike. Mayor Dunno
.alked as though he had abandoned
nope Of a settlement.
The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1905-06-02
TARIFF WALL
IS NOT A BAR
To Purchasing Material fer Canal
in Foreign Markets.
TAFT HAS so DECLARED
Secretary of War Makes Significant
Banquet Speech Ancnt Canal Al
fairs and the Railroads.

The celebration of the twenty-hfth
anniversary OF the Cincinnati Com
mercial Club closed in that city Fri
day night with a notable banquet,
where the speakers discussed vital
questions Of the day. The cities which
were represented at the banquet were
Boston. Chicago, st. Louis and Cincin-
natl. Secretary Of War Taft made
the principal speech OF the evening.
The secretary said in part:
III the Panama canal were inside
the territory Of the United States, of
course all the material used on the
canal could pay duty or be bought
in the United States, but as the con-
structlon of the canal is a number
of days journey from the tariff wall
of the United ctates, It presents ex-
actly the same as is presented in the
case of the Philippine Islands. Now,
II congress wants to pay more. than
France was willing 10 pay, then they
are welcome to do so, but in the alb
sence of a rule We feel we must carry
out the rule that applies. That rule
requires that the prices and quality
being the same, We must buy Amer
fcan goods. In the absence OF q rule,
We feel bound by our trust to build
as cheaply as possible. We submitted
the question to congress on this line,
asking congress to lay down a rule.
II there Is no rule, we must build as
business man would. Now, there
is no question OF protection or free
trade; It is merely our duty under the
is changed, then we must change"
He then spoke of the relation of
the government to the railroads.
Il cannot but think" he said, the
discufSion which is now going on has
had much wider scope than is nee.
essary. The question is the passage
OF certain legislation and the discus.
sion is properly narrowed by consid.
Of what that legislation is"
He explained the present statute on
interstate commerce, calling attention
TO its references TO "unreasonab bic"
dISS' anu the position OF Jne inter-
state commerce commission on that
matter. He stated that the measure
proposed is a very moderate measure,
and II Is unfair 10 denounce It so Sc.
verely as had been done.
He believed the changes proposed
by the Esch-Townsend bill would re.
suit in good. He was willing to ad.
NIT our debt to the railroads for
up the country, but he main.
tanned that that should not give them
freedom from control. II somebody
must look into the justice OF rates,
hat somebody must be competent
and OF authority to require reasonable
rates. Further, he held that II would
greatly relieve the courts to provide
court 10 consider railroad rates.
Rebates were a matter that should
be prepared for, even though he had
been Informed there were no longer
my such things as rebates. He in.
sisted that the railroads should not
'ntagonize, hut that they owed some.
hing to the government TO see That
conditions OF prosperity continued.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1905-09-14
Performance.
Guaranteed.

State OF Ohio, city of Toledo,
Lucas County, IS: Frank J. Cheney
nmakes oath that he is senior partne
of the firm of F. J. Cheney & Co.
doing business in the city yof Toledo
County and State aforesaid, and
that the said firm will pay the sum
of One Hundred Dollars for each
and every case Of Catarrh that cam
not be cured by the use of Halls
Catarrh Cure FRANK J. CHENEY.
Sworn to before me and subscribed
in my presence, this 9th day of
December, A, d., 1886. (Seal. J A.
w. GLEASON, Notary Public.
Halls Catarrh Cure is taken inter-
nally, and acts directly on the blood
and mucous surfaces of the system.
Send for testimonials free. F, ].
CHENEY & Co., Toledo, o. Sold
by all Druggists, 75c. Take Halls
Family Pills for constipation.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1905-09-14

supt. Of Water and Sewers