davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
that England will offer less opposition

that England will offer less opposition
to. our obtaining the yellow metal
abroad. Germany and France, how
ever, with the prospects Of financing
loans of their own aggregating. $780,
100000, to say nothing OF Russian re-
quirements variously estimated from
$3.50, 900, 900 to $600,000,0O0, will do all
reserves. It is estimated that the
Euronean loans will call for $800,000,-
600. Independent of the borrowings Of
the South American republics. It will
he seen that there Is q worldwide de-
mand for money and that 1T is there
fore very unfavorable time for our
railroad and industrial companies to
finance new extensions or additions.
The western traders were badly, de-
ceived by the stock market situation,
having pinned their faith to easy
money after the April disbursements.
Gates is reported to have privately
call money would not go above 6 Per
cent. This was about the time the
Gates following became rampantly
bullish on the stock market and started
campaign for higher prices that did
not pan out. Gates, however, Is still
intensely ,bullish. Comparative lack OF
support in Union Pacific is Lending
man interests sold considerable block
of stock around $50 and are no longer
interested in maintaining prices. They
are noted for their tendency to .specu-
| late in this issue, usually figuring to
make ten points on every turn. In
some cases, however, they are com
PEELED to buy back at a loss thru the
operations. Of the western contingent,
who are quick to scent an inside short
interest. 49,
Recent reports go to show that the
lu1l which prevailed in the steel in
dustry during the month of January
and early in February has given way
to activity on an almost record-break-
ing scale. Since the beginning. Of the
month orders for rails approximating
$4,000 tons have been placed by va
rious roads, which is another indica-
tion Of prosperity of the great railway
niably sound fundamental conditions,
it is argued, are bound to tell in the
long run when the market is freed
from the incubus Of high money rates.
The first government crop report
passed almost unheeded, interest CON
verging wholly upon the money ques-
ton. The crop report was fairly well
have been construed as bullish under
more favorable circumstances, but in
Ia market such as that of the early
part Of the week there was nothing to
encourage bullish initiative. Disap-
pointment was expressed in some quar-
ters that the April LIST percentage of
this year did not show we'll above 80,
| instead of S9.1, in view Of recently re-
ported favorable climatic conditions.
| There is more enthusiasm than has
been seen for some time with respect
to- the Vanderbilt issues. New York
Central is expected to recover all of
it's recent loss and quite likely will
. touch the prices recorded little more
than year ago, when the stock sold
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
SOUTH, ST. PAUL LIVESTOCK

Cattle receipts were moderate this
week, the aggregate over 1000 head,
short Of the week preceding. The pro-
portion Of killing cattle offered here,
moderate. Demand was good, and
every thing moved quickly. The quail
ity of offerings was mostly medium,
there being a scarcity of choice grades
of cows and steers. Nothing SO good
as the best loads marketed the preced-
inc week was available, and steers sold
largely around $3.50 to $4.75. Prices
the first two days were steady with
last weeks close, and on Wednesday
there was some advance. The later
market was just as strong as compared
with the close of last week. Veal
calves were '25c to SOC lower. -
The stocker and feeder trade, while
not So active, was in healthy condi-
tion, and with a smaller supply there
was one of the best clearances the
yards have had this year: Spectators
I1nloaded most Of their holdings, and
statesmen had no difficulty in disposing
of fresh arrivals daily. Prices showed
little change from the level Of last
of Improvement 9. Some of the better
grades were just about steady. 49,
Sheep receipts show a big decrease
over the recent weekly runs, the aggre.
gate being in excess Of any week Since
the last of January. The big end of ar
rivals consisted of feeding sheep which
went into local feed lots. The bulk
Of the offerings were lambs.
Sheep prices remained steady, there
being no change in the situation. Of
ferings were light, and test Of values
limited except in feed lot stuff. Choice
ewes were quoted up to 1926 and choice
wethers, $685.. Good ewes sold at $3.50
and SIS. Exceptionally choice wethers
broug hit 1915.
Lamb trade was fairly active, and
prices continued steady on all grades.
Several loads Of choice lambs brought
$780, Fair to good lambs sold from
1918 to $615. =: J|:t@@' - :
Hog values more than recovered the
decline Of the latter part of the proceed
ing week, and sold, higher than at any
time this year, with top at $6.40 and
the bulk at $685. The market had a
firm tone, and demand continued greater
than supply. The run for the week
shows considerable decrease and the
falling off was attributed in part to the
bad condition of the roads and partly
to the commencement Of farm work il
the northwest. - HF ,.taz' - 'sS
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
GILT EDGED !. PAPER. !. .
+. :: FINDS NJ. BUYERS
Present Monetary Conditions I'm
favorable-Country Too
- Prosperous.
Special to The journal.

New York, April laval street IS
wondering what is likely to happen IN
a market whose technical conditions
are favorable to rise, and where,
while there is no doubt that many
gilt edged securities are quoted not
point above the prices corresponding
with their intrinsic values, the public
nevertheless will not accept them un-
til monetary conditions approximate,
the coal troubles apparently are tenn
porarv in character. there is little rea-
son for the dismal forecasts that are
heard in some places regarding the
course of stock market values.
The hasty conclusion has been drawn
that the unexpected furry in call
money, the more surprising because. It
occurred in the midst of The .distribu-
ton Of the heavy April dividend pay
1nents, was due to manipulation. In
the parlance of Wall street, the big
financial interests We're "making
scoop" to obtain line Of cheap
be something in this theory, conserva-
tive banking interests above suspicion
of stock manipulation affirm that the
real reason for the extraordinary con-
ditions prevailing is the unprecedented
demand for money resultant upon the
phenomenal prosperity Of the country.
The usual spring demand from the in
terror is making itself keenly felt
while from all centers. both east, and
west, comes the cry for more funds
to facilitate legitimate business enter,
prises which experience the urgent
need of larger resources because Of the
higher prices of commodities which
they handle. Then, too, speculation in
real estate, which at present consumes
millions Of the circulating medium in
It's operations, finds an echo in the
stock and commodity markets, where
imitation Of values makes the carrying
costs high. Naturally the commercial
community is given the preference
and Wall street receives the cold com
fort that it must either transfer its
loans to. foreign shoulders or pursue the
next best course Of liquidating it's com
mitments.
The reduction in the Bank of Eng
land discount rate to 31a per cent, de
spite the fact that the position Of this
institution is materially weaker thar
a year ago, is open to the inference
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

been small, and while tops landed at
$685., not mary went above y6.s5. The
bulk Of the good to choice Eat besves
made $5.l5@5.50.
Beef cows advanced l6@25c, the
smaller supplies afording sellers oppor-
tunity to recover a big share Of tho
decline week ago. Both packers and
shippers supported the market firmly
each day, but chief demand has boon
noted for good fat classes. Some prime
hitter hsidsGs sold Ct 1886, and prime cows
e Bull trade shows 10c gain over a
week ago and there is broad demand
for bolognas and butcher classes.
VI Calves sold at the lowest range Of the
season during. early days Of this week,
but the market has since reacted Csc.
Trade for feeding cattle has been
poor and plain steers show q loss Of l0c
compared with a week ago.
There was o steady gain in prices for
hogs this week. The average ct $6.42,
compares with 1914 one year ago and
This betterment in values has been Sc
cured only under very hard work on
the part Of sellers, and the better sup
port from the spectators, as packers
have been very bearish. Receipts we're
under expectations on most days.
There has been a falling off in the
shipping demand. -.
The market for sheep and yearlings
received a severe pounding, prices show
ing 15@25c decline. It was case Of
lower. values for these grades or q
higher range for lambs, and as too
manyaof the latter were In sight, the
former GLASSES had to sell lower. Sup
ply of wooded stock has been the small
est of the season, while. shorn grades
show marked increase. There was u
healthier tone in lambs and es this
week ends the Lenten season there Is
strong hope among traders that prices
will not be let down to a much lower
level than now shown.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
Local News" a Quarter of Century Old r
cured fromT IN journal of sDae,l ~
TALK OF THE TOWN

H. j. Burton, successor to Burton &
Tallant, began to move his wholesale
clothing stock to st. Paul today. S,45S g.
At O'Clock this morning Harlow Gale
fell from a stepladder at the city mar
ket. His right leg was fractured at the
ankle.
The Evening Journals new double
cylinder press arrived today. It's ca
pacity will be 5000 impressions per
north Of Milwaukee.
W. J. Newton's carriage, used to
carry the mail on his postoffice deliv-
cry route, broke down on the suspen-
sion bridge this morning, the accident
somewhat delaying the delivery Of the
mail. - 49, e." r.
Martin Byrnes, head porter at the
Nicollet;. house yesterday paid Albert
Aronson,. a New York travelling agent,
$500 as Compensation for his valise,
stolen from the baggage room of the
hotel Jan. s. -. ~ = Il
. E The Lurline Boat club has completed,
the changes in their boat house at Lake
Calhoun. It now stands securely on pill
Ing about; thirty feet from the shore at
the foot ofSLake street. A commodious
platform and incline extends in front
for about twenty five feet into the lake.
- j. M. PottIe & Son are making some
elegant Concord buggies now, which are
said to. be fully equal to the celebrated
old Abbott & Danny Concords. Sheriff
Eustis ssjust done himself proud by
ordering one of them. ,-.'.z... .-
The new, city council has organized
with Fred L. Smith, president; T. F.
Andrews, vice president; Selah Math-
ews clerk; r. G.. Benton, city attorney.
c. L. Snyder was elected superinten-
dent Of the poor over Nelson Williams
by one, vote. =. q. r. -.
| John e. Barnum, the trunk dealer,
has an immense stock Of goods on hand
| at his place on Washington avenue.
| He can't help it; people will buy at his
prices, and Frank Dunnigan, the sales
man, will tell you all the points about
| their goods. = --7.ssz. - ~.
The High School Guards have elected
the following officers: Civil president.
| E. NJ Wordell; secretary, Charles A.
Babcock; sergeant at-arms, A. Ed
stem; military: Lieutenant, P. M. Hall,
sergeant, Willis Williams; first corporal,
Will Couchman; second corporal, Ell
bert Bushnell; trumpeter, G. A. An
| drews. 49, r..- ~ ,..5-.
Contractor George A. Bracket has
300 men and 100 teams employed on the
| Osseo branch and short line of the st.
Paul, Minneapolis & Manitoba railway.
The steam shovels are also clearing
Eout the short line track beyond the
Pillsbury A mill. 1t is thought the iron
will be laid by the middle of May.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

Gossip Of the Trading Floor =.
About the Brokers'
Office.

"ByT WHEAT" says Rankin, "os =.
"sDIL WHEAT" says Jackson, 80
: AMAfGIxE2ATED feature Isl
stocks. Dividend increase stu
ToNDoE reports $500, 900 gold en-
gagged to come to dew York.
IS, sSG e. srid 3n SHAY " 5a sds btF
POST & fI4Aaa big sellers II steal,
apparently unlimited supply back
STORY, Of Nav York, scents . AAavY
short interest in Copper AID seq
HAYDEN Yf6NH ara booming HsrsH
Butte and advising its purchase. 4
STRIKE settlement or compounds
still considered quits possible. d
OKLAHOMA whest reported 100 In
every county except one, wAtch
ST. LOUIS trader says there b NOT
a bushel Of corn left unsold in story
SAM SOFTEN, who goes OUT o
business, was once y partner Of John
": J, FIJI F. HARRIS will give hi, .ts.n.aos
to the stock market exclusively heros
after, letting wheat alone.
W. G. LEISTIKOW, Of Grafton, N.
D., was on change yesterday, en- routs
home from California to North Dakotas
BANKERS in this city maintain that
tho recent action Of the market quit4
clearly shows that the great bulk as
securities is IN the hands Of invest
ors," says O. 3. Lewis New York ad.
vices, "and that the pools are not par.
ticu1arly heavily loaded with stocks.
One very .shrewd operator, who is aca
customed to carry heavy lines Of stocks,
expresses the opinion that Wednesday
last really worked the elimination OF
the money squeeze and also the lowesf
prices for stocks of the present move
| ment. - 4
NEW YORK to Piper-The floating
supply Of stocks is small and ownerA
evidently not frightened by superficial
appearances. These are reasons for the
comparative stability in the presence OF
adverse developments. The marked
gives indication Of wanting to go up
without any one having sufficient couT-
age to undertake the task Of startins
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
CHICAGO LIVESTOCK

Marketing has been light, and while
appreciable gains were scored In values
early in the week, only the good fat
beeves have since held the advance.
The bulk Of steers selling above SIS
have shown 1O@15c gain, but the mar
ket for medium and plain killers
sagged back to the low level current
q week ago. Receipts were only 49,
800 head, comparing with 81 500 a week
ago and 65,100 a year ago. The pro-
portion of strictly choice steers has
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
MINNESOTA MILLERs
State Association Elects Officers. and
~; Has Banquet. :'''s-' 80


Twenty-one millers attended the meet
ing of the Minnesota State Millers' As
ISOLATION. The secretarys report
showed that there are 101 firms, repre-
senting 600 runs of stone, in the associ-
alton. The treasurer's report showed
$1,979.06 on hand. The election Of Off
GERS resulted President, w. p. Brown,
Red Wing; first vice; president, David
Brownson, Saltwater; second vice pres
ident, George A. Pllsbury, Minneapolis;
treasurer, w. F. Cahill; secretary
Frank Petit; executive committee, p.
v, White, Loren Fletcher, E. L. Baker,
Red Wing; executive committeeman,
national association, ]. A. Christian,
Minneapolis. - 4. - = .{.:..* 49,. .
The committee on Insurance reported
that under an act passed by tho legis-
lature mutual, to be- known as the
Millers & Manufacturers Mutual AS
ISOLATION, had been. organized with the
following officers: President, e. "
White; vice president. H. NJ. Carpenter;
treasurer, ". G.. Hush;' secretary. c. B.
Shove. The number Of members is
sixty-f1ve; amount of risk, $3.50, 800;
premiums, $410S8:15; cash. $780, The
law fixes the, membership at eighty;
the premiums at $4,000 and the cash;
SO, 600: It is expected that the associ-.
alton will be fully organized by the 25th.
At the banquet held last night at the
Nicollet house the program Of toasts
was as follows: ~: -.',... E. - ~ . + ,
Address of welcome, George A. Pills
bury; "our Guests" w. P. Brown, Ma
zeppa; "our city, c. Rand; "Our
Legal Rights Thomas Lowry; News
| papers," General A: B. ~Nettleton; -"Our
Banks and Bankers c. McC. Reeve;
Low Freights- Our Only Source of
| Profit" J.. J. Hill. -. ,;=,s-, I'd,
The guests present were: Minneapo-
lis, E. V. White, E. g.; Hinl<le, Frank
Greenleaf, G. w. Goodrich, T. H. Per.
kins, Ed r. Barber, .J. A.. Christian, AL
Christian, Carl. stamwitz, George "A.
Pillsbury, Fred G. Rillsbury, q. schober,
L. Fletcher. W.. F. Cahill, WE. Hale,
c. M. Loring, John Crosby. ~
Outside the city,, M. EGuyson, Ram
sey; F. Arnold, st. Cloud; J.. T. Ames.
Northfeld; Kimball & Beede, Forest
City; Gus Anes, Northfeld; w. p.
Brown, Benjamin Taylor, E. L. Baker,
Red Wing; J. w. Foss, Frank Nicolin,
Jordan; J. w. Townsend Saltwater;
D. Sprague, Rushford; w. H. Off
Ger, Austin; CT. Strait; shakopee.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
PERSONAL MENTION

). Will Lloyd looks like Napoleon with
his "soger'' coat on.
Dorance Dorman Is home for a few
days. So
Albert Hoppin left last evening for
Milwaukee, where on Tuesday he will!
wed Miss Alice Dole Keene.
: Denman Rich, who has been winter
ing in Washington, returned this morn
ing.
"E Ess. Jones. Jr., and Frank K. Pratt
were examined before a committee from
tho supreme court yesterday and admit
ted to practice law.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

just above 1877. Since the publication
of the Lake Shore annual report, in
which it was stated that the company
had bought more than $4,000 shares Of
"Big Four stock during the year,
there has been quite general specula-
tive buying of the latter issue on the
belief that it will advance very sharp
ly from present prices. s'-
... Stanley Schroff.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
T Re JOUR MA L.
Official Paper OF the, City,
FRIDAY, : APRIL : 49,, 1881.

Now give Hastings a good hotel build
ing and We will be satisfied for the
present. Except Minneapolis, no city
in the state has more need for first
Hastings News.
Stop right there, you red herring fiend.
Haven't we got the great, big Nicollet,
and aren't we to have a. genuine palace
limit all over the city,?
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
f ABOUT. THE STATE
pARIIIs COMMANDMENT.

AT a special conclave of Darius COM
mandery No. last evening the follow
ing officers were installed: e. c., Sir
Knight H. M Kent; G., Sir Knight c..
H. Benton; c. G., Sir knight E. B. Gle
ment; p, Sir knight O. c.. Merriman;
S. W.. w. E. Johnson; J. W., Sir
Knight A. q. lowering; treasurer, Sir
knight O. II. SWEET; recorder, Sir
Knight s. Armstrong; standard bearer.
Sir Knight j. G. Berry: sword bearer.
Sir Knight S. N. Whitney; warder Sir
knight F.. Dillingham;; guards. Sir
knights R. w. Cummings. f.. G. Bar
rows w. TT. Nudd; sentinel. Sir knight.
&C. p. Crane.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

tague, the variety actress of Philadel-,
phia, captured Forepaughs .s1o,O prize
for beauty, and Miss frankie Scott,
the Minneapolis candidate, is according
~ scooped. s 80: -z55tg .{s.,.,4. ~. r
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
INVESTORS

desiring to realize the Large Interest ana PROFIT
possible In legitimate Mining. Oil Timber and
Shelter Investments and Dividend paying Indus
trial Stocks, listed and unlisted, should send for
our Booklets giving full information. mailed
FREQ, DOUGLAS, LACEY & co.,
Bankers & Brokers, 56 Broadway, New York.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

A saltwater correspondent says:
'If Miss Maggie Wilson Of Minneapolis
with the following directions, she may
consider herself lucky: Miss Mage
vels, on strit 10 va no so. 1000 Min.
sota.'' .-
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

The inequality caused by the system
Of state representation in the senate
is shown by these f1gures:~ Nevada,
with only $4,000 people, Delaware with
14e,ooO, and Florida with 100000, maxi
ing s474,o in all,s have six senators.
New York, with 100000 people, has
only two; Illinois with 5000, 900 has only
two, and so on. = .... 49,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
MY MANHATTAN COMPANY

Has started work upon its property. II
you wish to come in with me at this time
/ will let you have: 1000 shares for 80;
2, 500 shares for $685.; 5000 shares for $50;
10, 900 shares for 500. I consider this
the best chance open to the public today.
II you win, you will win heavily and soon.
Don't delay. Write or see me at once.
r. q. HI0REE, 41o-4ff Germania Life bdo
Established 1899 St. Paul. MINI.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15
AMUSEM ENTS
ACADEMY OF MUSIC

The Strakosch and Hess Grand Opera
Company, this Friday evening, April
Is, at s o'clock.
"FAUsT."
Saturday matinee, Carmen; Satur-
ing I'll Trovatore. -
PRICES: Reserved. Dress Circle,
first four rows. single seats, 81; Par
quet and Dress Circle. $3.50; balcony,
81; general admission, Parquet and
Dress Circle, 81; balcony. Is cents.
PENCE OPERA HOUSE
Corner Hennepin aV. and Second St.
.Phosa McAliister. Lessee and Manager.
THE VETERAN.,'
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

The territory overfowed in Dakota! Is
estimated at a quarter Of a million
acres, and the settlers needing help are
not less than 5000. ,..-t. ---...
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

The st. Paul Dispatch changed hands
today General c. C.TAndrews steps
down and out and ex-governor Mar
shall takes his place. = = -.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

Judge Cooley's appointment Of Ed A.
Stevens as clerk of the municipal court
was probably a surprise to everybody
but Ed Hcs s
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

John x. Davidson of st. Paul won't
try to run Minneapolis amusements
again for a while. =. ~ -
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15

The Minneapolis street railway is said
to be paying enough to make fair divi-1
dends ON an Investment Of 100000.