Indianapolis Journal, Volume 49, Number 29, Indianapolis, Marion County, 29 January 1899 — Page 7
Money to Lend * '^o 4>2 Per Cent. 5 Per Cent. st/25 t /2 Per Cent, and 6 Per Cent. In sums to suit the borrower, on first mortg-atre improved city oi; farm properties, according- to location and character of security. No Commissions. Indiana Trust Company Capital : : $1,000,000 OFFICES: Indiana Trust Building. THE L. A. KINSEY CO., INCORPORATED. CAPITAL, $25,000 FULL PAID. —BROKERS— Chicago Grain and Provisions, New York Stocks. Lon* Distance Telephone. 1375 and 1592. 11 and 13 West Pearl Street HnGnnatl Office. Room 4. Carlisle Building. 11/lONFY v I * SI,OOO and upward, loaned on Improved Property. Interest graded according to location and character of security. Ko delay. C. F. SAYLES, 135 Hast Market St.
ADVANCES IN STOCKS ♦ THE W EEK CLOSED WITH BIG GAINS OVER PREVIOUS WEEK. ■ © linsinesN Excelled All Record* and Condition* Favor (lie Bull Move* meut Local Trade. At New York, Saturday, money on call \\,i - firmer at 3 per cent. 1 r me mercantile paper, 2 , %®3 , 4 per cent. Sterling exchange was steady, with actual business in hankers’ hills at $4.84%®4.85 for <i- maud and at $4.82%® 4.83 for sixty days; l'ost-d rates, S4.B3Ms and $4.85%; commercial bills, $4.83. Silver certificates, nominal, at 59%®150 1 /*sc; bar silver, 59%c; Mexican dollars, 47 1 / c. At London bar silver closed steady at 27 7-16d an ounce. The imports of specie for the week were in gold and $68,391 in silver. The imports of dry goods and merchandise at the port of New York were valued at $11,477,556. The exports of gold and silver to all countries aggregated $1,000,083, silver bars and coin, and $80,300 gold. Che New York weekly bank statement shows the following changes; Surplus reserve, increase $4,538,350 Doans, inctease 0,<!20,600 specie, increase 0,411,800 la‘gal tenders, increase 1,207,4*10 ‘iiculation, decrease 730,300 1> posits, increase 12,563,400 The banks now hold $30,232,025 in excess of the requirements of the 25 per cent. rule. The New Y'ork Financier says: “Estimates us to the amount of cash gained by the New York clearing house banks for the week ending Jan. 27. were very much at variance with Ihe actual results disclosed by Saturday’s statement. Treasury figures proved that the operations for the past six days were against the banks by nearly or quite $600,000. The interior movement had been counted on to swell cash totals about $3,000,000. Instead of that, however, the reported gain was no less than $7,679,200, of which $6,411,800 was in the form of specie. Obviously this expansion does not represent exclusively interior receipts. This conclusion is borne out by the fact that one large bank alone reports an increase of nearly live millions in gold, or almost 60 per cent, of the total cash gains for the week. In other words the increase of $8,020,6'X> in loans by all the banks brought down the reserves of some individual institutions even in the face of the heavy gains in the average surplus holdings. The deposits, owing to the loan and cash expansion, show an increase of $12,563,400, bringing the total to $861,637,500, a figure altogether unprecedented. Despite the increase reserve requirements, the surplus is four and oneluilf millions higher than u week ago, and is now $39,232,025. Such a statement forecasts but one condition—a continued easy money market, accompanied, probably, by further manifestations of the expansion which h;is been a prominent factor lor several weeks past. Still, the policy of the banks is one of conservatism, and they are not m.iking extraordinary efforts to employ their surplus in any but secure channels. Th ■ spirit of discrimination against overintlated collateral is based on soundest judgment, and while the institutions have t et profited on the present uprise in values, they are in a position where they can direct io a large extent the course of future specu--1 .tinn in safer directions. In the opinion of s me conservative officers the present condition of the money market is rendering Imperative some changes in existing bank practices as applied to the flow and ebb of money to and from this center." The total sales of stocks were 567,800 shat s. including Atchison, 5,525; Atchison pt. (erred, 38,520; Central Pacific, 8,010; Chesapeak A Orio, 51.110; Burlington. 7,900; Louisviile A- Nashville, 9,435: Manhattan, 6.375; Mi tropolitan. 5.656; Reading preferred 13.470; M.st-ouri Pacific. 4,225; New York Central, 8..'70. Northern Pacific. 30.020; Northern Pacino preferred. 4.850; Ontario <Sr Western, 8 1 Ot■; Rock Island, 7. 755; St. Louis & Southi rn. 12.30); St. I.ouis A* Southern second prefund. 12.200; Pnion Pacific, 6.525; St. Paul. 11.22i); Southern Pacific, 12.550; Southern Railwav, 12.220; Southern Railway preferred, lit.i'Su; Union Pacific preferred. 16,820; Steel, ! • ]•>. Steel preferred, 18.510; People’s Gas, 2. 4i?c Brooklyn Transit. 6,090: Pacific Mail, 3, 620; Sugar, 52.550; Tennessee Coal and Iron 11 720; Leather. 4.100; Leather ptef rr*'d. 8.680; Rubber. 3.000: St. Louis Southv. • rn. 14.90 o; St Louis Southwestern prefund, 3.240: Chicago Great Western, 9,350. STOCKS STILL STRONG. The New York stock market was quite Irregular Saturday. The opening was strong in spite of the irregularity in the London market, because. In part, of the absence of i. Philippine advices, which apparently had been expected by the traders, who started covering short contracts. Pres<u.tfy there was a renewed attack on values on predictions of an unfavorable bank statement, but when the statement appeared it upset all calculations by being very favoraide. This was the signal for the repurchase of stock sold earlier, which gave a strong tone to the closing. There were some recessions in the railways, however, on the evening up of contracts for the week. Bugar and Glucose gained over a point each, but it seemed to be the impression of traders that Sugar was advanced in the interest of sellers. whllAin other quarters the simultaneous advance bf Glucose and Sugar was surmised to pressfcge favorable trade developments. Among the Pacifies there was an advance of over a point in Northern and Southern. The movement in Northern Pacific was attributed to more confident gossip regarding its dividend standing- Fa-
eifle Mall was strong on the more favorable outlook for the mall subsidy bill in Congress. Minneapolis and St. Louis at one time displayed strength on the possibility of the first preferred stock being retired. The prospective advance in coal rates at Western points was reflected in some strength in n f' ol Ani ? , ig th© low-priced shares St. Louis & Southwestern preferred rose four Fiouis & San Francisco secpreferred, 2%. Pittsburg. Cincinnati, on] ca l° S 1 - Louis, American Express, j Ballway were also strong.* in dustsfalß American prefeired and American Malt were weak. ™! faout *! ern an <l Cleveland, Cincinshowed decides L ° U ‘ S preferred also mTrk^ Wa^ u Vanderbilt week in the stock mar net. The dealings were over 7250,000 fluctuations showing great iregularity, k u * w ith ©n upward tendency, iol man >’ reported deals associated 3 e V nncle-rbilt name and the stocks affected moved widely, according as the various rumors were believed or discredited. It was said that New York Central, NorthPacific were to be amaigAm ted, that Lake Erie & VVestern, through options secured on stocks, would be found under the New York Central control; that New York Central was projecting an arrangement with the West Virginia Central, and that Chesapeake & Ohio would be merged with the Cleveland. Cincinnati, Chicago St St. Louis. _As a matter of fact, it was said that the Vanderbilts were increasing their holdings in various properties with which they were identified, but rumor associated large buying among the important railroads as being in the interest of the v underbills, whenever the road’s location w as such as to lend credence to the report. 1 he unruffled condition of the money market in face of the unprecedented volume of transactions in stocks and bonds was reassuring, and in a sense confirmed the public conception of the marvelously favorable conditions prevailing in industrial, agricultural and financial circles in America. Excellent railway returns came to hand from various sections of the country. Sixtyone railways Increased about 844 per cent. In gross earnings for the third week in January. Among the December statements of net earnings St. Paul showed an increase cii over one-third of a million dollars, while Burlington increased $170,U00. Lackawanna’s annual report was an exception to the general favorable returns, showing as it did a deficit of over half a million dollars, but it was received with speculative indifference. The bank statement was far more favorable than anticipated, showing over seven and a half millions increase in surplus reserve. The shading of discount rates in continental centers, including a reduction by the Bank of Belgium, following the action in Berlin and I.ondon of last week, was taken as evidence of less tension in foreign politics. The favorable development in the iron trade, the enormous clearings and exchanges attracted considerable notice. Allowing for speculative accounts, the enormous dealings reflected a great absorption of the public’s money in high grade securities. Another evidence that the public had taken a firm hold of the market was the unprecedented distribution of the dealings and the infrequency of individual stocks appearing in comparatively abnormal proportions of the transactions. The varying phases of the Philippine problem had not much weight in speculative sentiment.
NOTABLE WEEK ON ’CHANGE. Monday was by all odds the most sensational day, both in the tremendous volume of business and the extreme violence of fluctuations that the street has witnessed at any time. The conflict of buying and selling orders at the opening gave the appearance of such rampant speculation that market leaders were disposed to check the movement in order that the technical position of the market might not be weakened. There were large sales of stock carried over from Saturday in expectation of the advance, and considerable liquidation both of foreign and domestic holdings, resulting in material declines for the day from the early high prices. Among the sensational variations that day were a rise of 19% in Pittsburg, Cincinnati, Chicago & St. Louis, a drop of 18 and a net gain of 4%; Canada Southern rose 10%. lost most of it and gained 3%; Cleveland, Cincinnati, Chicago <& St. Louis jumped 8%, dipped 4 points and closed within a point of the best. There wore many other wild changes after the initial bulge that day. Subsequently the market irregularly advanced, with almost daily bear attacks in the afternoon, and recoveries on each succeeding morning. London was generally a seller, but was occasionally whipped into line as a purchaser, and the fortnightly settlement in London showed a great reduction in the floating supply of Americans. Throughout the week the facilities of the exchange were taxed to the utmost, and the clerical forces in the brokerage offices worked overtime to keep trask of their large accounts. The largest net advances for the week were: Metropolitan, 18%; Capital City Traction, 17; Twin City Rapid Transit, 13; Pittsburg, Cincinnati, Chicago & St. Louis preferred, 12%; Tennessee Coal and Iron preferred, 14; Tennessee Coal and Iron common, 7%; Long Island, 12; Cleveland, Cincinnati, Chicago & St. Louis, 9%; Commercial Cable, 9; General Electric, 8%; Rio Grande, 8%; Pacific Mall, 8%; St. Louis Southwestern preferred, 7; St. Louis & San Francisco second preferred, 6%; St. Louis & San Francisco common, 4%; Lake Erie & Western preferred, 6%; Lake Shore, 6; People’s Gas, 5%; American Express, 5%; Chicago Great Western debentures, Reading first preferred and Baltimore & Ohio (all assessments paid). 4% each; Rubber, 5%, and Toledo & Ohio Central, 5. There were gains, too, of over 3 points in Sugar. Lackawanna & Western, Northern Pacific, Ontario & Western, Minneapolis & St. Louis ar.d Wheeling & Lake Erie preferred. The losses of note were confined to less active stocks, the largest being: New York Air Brake, 5%; Edison Illuminating and Leclcde, 3%. Strength characterized the bond trading, the market showing less feverishness than in stocks. Many issues were brought prominently forward, owing to dissemination of rumors regarding their standing toward a union with other properties. Dealings were or an immense scale, with purchases for out-of-town account exceptionally large. United States threes reacted % and ttie fives, coupon. advanced % in the bid price. The following table, prepared by L. W. Louis, Room 11. Board of Trade, shows the range cf quotations: Open- H igh- Low- Closing. est. est. ing. Atchison 23% 23% 22% 23 Atchison pref 62% 63% 61% 62% Baltimore & Ohio 72 Canada Pacific 66 Canada Southern 60% 61 60% 61 Central Pacific 49% Chesapeake & Ohio 29% 30 29% 29% Chicago & Alton 169 C„ B. & Q 138% 138% 137% 138 C. & E. I 67% C. & E. 1. pref H 6 C„ C., C. & St. L 59% 69% 58% 59 C., C., C. & St. L. pref 99 Chicago Great Western .... 17% Chicago, Ind. & L 9% Chicago, lnd. A L. pref 34 Chicago & Northwestern 149% Chicago & N. W. pref 187 Delaware A Hudson 114% D„ L. & W 155 Denver <& Rio Grande 20% Denver & R. G. pref 72% Erie 15% Erie Ist pref 43% Fort Wayne 180 Great Northern pref 166% Hocking Valley 3 Illinois Central Lake Erie & Western -0% Erie & W. pref 73 I.ake Shore *•("'% Louisville & Nashville 68% 68% 68% 65% Manhattan U 6% 116% 115% 115% Michigan Central ID Missouri Pacific 47% 48 47 l 4,% M.. K. *T. pref 37% 38% 27% 38% New Jersey Central 103 103 102% 102% New York Central 136% 136% 135% 135% Northern Pacific 51 52 50% 52 Northern Pacific pref 81 81 80% 80% Reading 23% 23% 23% 23% Reading Ist pref 63 Rock Island . 121 121% 119% 120% St. Paul 129% 129% 128% 118% St. Paul pref •••• ■■■■ 167% St. Paul & Omaha 98 98 98 98 St. Paul A Omaha pref 170 Southern Pacific 39% Texas Pacific •••• •••• I'nion Pacific com 4.% 48 m .% Union Pacific pref 80% Sl% 80% 81% Wabash Wabash pref 23% Wheeling & Ivike Erie * Wheeleing & L. E. pref 30% EXPRESS COMPANIES. Adams Express 400 American Express 143 U. S. Express 55 Wells-Fargo Express 125 MISCBLLANEOUS. American Cotton Oil 35% American Cotton Oil pref 89% American Spirits 14% 14% 14 14 American Spirits pref 38% American Tobacco 14• 147 145% 146% American Tobacco pref 137 People s Gas 118 118% 116% 116% Brooklyn Transit 93 Consolidated Gas 190% Commercial Cable Cos 190 General Electric 11l Federal Steel 53% Federal Steel pre,f 86% Lead 3% 38% 37% 38% Lead pref 113 Pacific Mail 54 54 % 53 54% Pullman Palace 156 Sugar 134 135% 134 136% Sugar pref • lIS Tennessee Coal and 1r0n... 47% 47% 46% 46% U. S. Leather 7% U. S. Leather pref 74 74% 73% 73% If. S. Rubber 52% U. S. Rubi er pref 117 Western Union 96% 96% 96 96% UNITED STATES BONDS. TE S. Fours, reg 112 U. 8. Fours, coup 312% U. S. Fours, new, reg 128% U. S. Fours, new. coup 129% U. 8. Five*, reg .... .... .... Ul%
THE INDIANAPOLIS JOURNAL, SUNDAY, JANUARY 29, 1899.
TT. ff. Fives, coup .... 113 U. S. Threes, coup 107% flntnrday'H Rnnk Clearing;*. At Chicago—Clearings, $19,450.9>8; balances, Sl,250.340. New York exchange, par. Sterling exchange, posted, $4.83“®4.85%; actual. $4.83® 4.84%; sixty days, $4.81%®4.34. At New York—Clearings, $270,940,574; balances, $9.184.850. At Boston—Clearings, $24,697,693; balances, $2,265,632. At Cincinnati—Clearings. $1,610,950. At St. Louis—Clearings, $3,827,451; balances, $700,198. At Philadelphia—Clearings, $15,698,044; balances, $1,964,255. At Baltimore—Clearings, $4,197,376; balances, $431,246. At New Orleans —Clearings, $1,077,636. LOCAL GRAIN AND PRODUCE. A Good Week’* Trade, All Thing;* Considered. with Few Changes. Trade with the wholesale houses the fourth week in January, when all things are considered, was good. Two days of the week were among the most winterlike ones of the present season, and this checked trade somewhat. Prices on all lines are very firm. The only advances of last week were in dry goods, drugs and fruits. Cotton goods have an upward tendency and are selling well. All staple groceries are firm and steady, except coffee. The provision market rules steady. Prices are low, but with larger receipts of hogs do not improve. On Commission row apples rule firm at the high quotations, and oranges and bananas are firmer. Vegetables are selling low. Egg and poultry markets the last two or three da> s have been firmer. The local grain market was active through the week. Receipts are better and the demand for all cereals active. The week closed with track bids ruling as follows: Wheat—No. 2 red, 74c; No. 3 red, 68@73c; January, 74c; wagon wheat, 70c. Cosm —No. 1 white, 36%c; No. 3 white (one color), 36%c; No. 4 white, 32%c; No. 2 white mixed, 35c; No. 3 white mixed, 35c; No. 4 white mixed, 31®38e; No. 2 yellow. 35%c; No. 3 yellow, 35%c; No. 4 yeliow, 31%®33%c; No. 2 mixed, 35c; No. 3 mixed, 35c; No. 4 mixed, 31®33c; ear corn, 34%c. Oats —No. 2 white, 30%c; No. 3 white, 30%c; No. 2 mixed, 28%c; No. 3 mixed, 28%c. Hay—No. 1 timothy, $8; No. 2 timothy, $6.50<9>7. Inspections—Wheat: No. 2 red, 2 cars. Corn — No. 3 white, 8 cars; No. 4 white, 4 cars; No. 3 yellow, 1 car; No. 3 mixed, 4 cars; total, 17 cars. Hay—No. 1 timothy, 1 ear. Poultry and Other Produce. (Prices paid by shippers.) Poultry—Hens, 6c; spring chickens, 6c; cocks, 3c; hen turkeys, young and fat, 8c; young toms, 6%c; old hens. Cc; toms, 4c; ducks, 4c; geese, 4c for full feathered, 3c for plucked; capons, fat. 9c; small, 6©Bc. Cheese—New York full cream. 10®llc; skims, C®Bc; domestic Swiss, 12Vic; brick, 12c; iimburger, 10c. Butter—Choice, 10c; poor, s@7c; Elgin creamery, 21c. Eggs—l3c. Feathers—Prime geese, 30c per lb; prime duck 10® 17c per lb. Beeswax—3oc for yellow; 25c for dark. Wool^ —Medium, unwashed, 17®18c; tub-washed, 20® 25c; burry and unmerchantable, 5c less. Honey—lo®l3c per lb. Game —Rabbits, 65@70c. Venison, 18@20c per lb. Opossum, 20®'25c apiece. HIDES, TALLOW, ETC. Green-salted Hides—No. 1,9 c; No. C 8c; No. 1 calf, 10c: No. 2 calf. B%c. Grease —White, 3c; yellow, 2%c; brown, 2%c. Tallow—No. 1,3 c; No. 2, 2%e. Bones —Dry, sl2<gl3 per ton. -—— • - LIVE STOC Iv. Cattle Scarce and Steady—ling* Active and Higher—Sheep Steady. INDIANAPOLIS, Jan. 28.—Cattle—Receipts, light; shipments, none. There was but little doing for want of stock. The market was steady at unchanged prices; Exports, good to choice $5.10®) 5855 Killers, medium to good 4.60®) 5.00 Killers, common to fair 4.00®) 4.40 Feeders, good to choice 4.00®) 4.40 Stockers, common to good 3.00® 4.00 Heifers, good to choice 3.!K>® 4.35 Heifers, fair to medium 3.50® 3.80 Heifers, common and light 3.00® 3.25 Cows, good to choice 3.60® 4.00 Cows, fair to medium 3.00® 3.35 Cows, common and old 1.50® 2.5 p Veals, good to choice 5.00® 6.00 Veals, common to medium 3.00® 4.50 Bulls, good to choice 3.50® 4.00 Bulls, common to medium 2.50® 3.25 Milkers, good to choice 35.00®45.00 Milkers, common to medium 20.00®30.00 Hogs—Receipts, 4,000; shipments, 2,000. The market opened active, with packers and shipi#ers buying at an advance of fully sc, and closed firm, with all sold: Heavies $3.55®>3.92% Mixed 3.80®3.8:> Lights [email protected] Pigs [email protected] Roughs [email protected] Sheep and Lambs—Receipts, light; shipments, none. The offerings were of common, stale stuff, which was slow of sale at mean prices. Good kinds were steady: Sheep, good to choice $3.50®4.00 Sheep, fair to medium 3.20®7?.50 Stockers, common to medium 2.00®3.00 Bucks, ier head 3.90®3.50 Spring lambs, good to choice 4.25®5.00 Spring lambs, common to medium [email protected]
Elsewhere. CHICAGO. Jan. 28.—Cattle— Barely enough rattle were offered to-day to make quotations. Prices ruled unchanged. Fancy cattle would bring s6<t7b.3o; choice steers. [email protected]; medium eteers, $5®5.25; beef steers, [email protected]; bulls, $2.70 ®4.25; cows and heifers, $3.20@4; Western-fed steers, $4.10®5.85; Texas steers, $4.75®5; calves, $3.50 @7. Hogs—Trade in hogs early was active at a further advance of sc. After the cream of the offerings had been taken, however, the improvement was lost. Fair to choice, $3.82%@4: packing lots, [email protected]; mixed. [email protected]%; butchers’, $3.66®3-95; lights, $3.60®3.85; pigs. [email protected]. Sheep and Lambs—The market for sheep was active to the extent of the limited offerings, prices ruling unchanged. Inferior to prime sheep brought $2®4.30; yearlings, $4.10®4.55; export heavv sheep, $4.10®4.25; lambs, $3.75@5. Receipts—Cattle, 200; hogs, 15,000; sheep, 2,000. ST. LOUIS. Jan. 28.—Cattle— Receipts, 900. Market steady; fair to fancy native shipping and export steers, s4.t'®6, bulk of sales at $4.75®5.50; the top being paid for steers weighing between 1,000 and 2,000 lbs; dressed beef and butchers’ steers. $4.40®5.55. bulk at $4.90®5.50; steers under 1,000 lbs, $3.55®4.35, bulk at $3.75®4.45; cows and heifers, [email protected]. bulk of cows at $2.35®3.26; canning cows. $1.25®2.75; bulls, $2.2'®4; Texas and Indian steers. $3.75®:4.80, bulk of sales at $4®4.60; cows and heifers. $2.25®4.05. Hogs—Receipts, 5,100. Market steady; pigs and lights, [email protected]; packers, [email protected]%; butchers', $3.85® 4. Sheep and Lambs—Receipts, 300. Market steady; native muttons. $3.70®4: lambs.s4®s.lo; clipped fed Texas sheep, $4®4.10; Texas ewes, $3.60® 3.75. KANSAS CITY, Jan. 28.—Cattle—Receipts, 173./ Market nominally uncharged; prices for the week were the highest of the year, But the close was 10® 15c lower than the high time. Thirteen loads of good cattle were bid for at 20®25c lower than the high time, but were not sold. Hogs—Receipts,, 4,855. being the smallest Saturday’s supply for a long time. The quality was about average. Packing grades sold irregularly to 10c higher at opening, closing at yesterday's prices, with some grades 5c lower; heavies, $3.72% ®3.90; mixed, $3.50®3.80; lights, [email protected]. Sheep and Lambs —Receipts, 339. Market strong: the week's receipts amounted to 16.200, a little in excess of the previous week. Values are in about the same notch as a week since. NEW YORK, Jan. 28.—Beeves—Receipts, 936; none for sale; feeling steady. Cables firm; exports, 1,544 cattle, 77 sheep and 4,868 quarters of beef. Calves—Receipts, 5; veals firm. Hogs—Receipts, 3,177. No sales; nominally firm at $4.10®4.25. Sheep and Lambs—Receipts, 1.456. Sheep steady; lambs slow: good stock a trifle firmer; sheep, fair to good. $4.10®4.25; lambs, fair to choice, $5 12%®5.40; one deck, $5.50. CINCINNATI, Jan. 28.—Cattle steady at $2.50® 5. Hogs active and higher at [email protected]%. Sheep and Lambs—Sheep steady at $2.25®4; lambs steady at $4®5.25. The Art of Crying. New Orleans Times-Democrat. "Very few women know how to cry properly,” said a cold-blooded observer, “but if they realized how potent tears are as a weapon they would spare no pains in learning to shed them gracefully. As a rule, brunettes cry much better than blondes. I ci%l to mind, • for instance, a very pretty little lady who was a litigant in court some vears ago. and who wept when a certain portion of the testimony was reached. As the critical moment approached her eyes began to swim. They seemed to grow larger and darker, and they took on a wistful and appealing look that made every man in the jury box feel as if he wanted to climb right out and hit the plaintiff with a club. Her lips were quivering and presently two great tears rolled softly down her cheeks. That settled It. I was foreman of the jury, and we were exactly a minute and a half in giving her a verdict. Now. if that had happened to some other complexion, the chances are her nose would have turned pink and her eyes would have assumed a slightly inflamed appearance that would have been—er—very damaging to her cause. If she had sniffed, as they usually do, I can’t say what the result might have been. A woman who can cry artistically can have anything she wants. I'm surprised it isn’t taught, like delaarte movements.” lie Dad Hi* Doubts. Chicago Pest. "I feel that I can trust ray daughter with you.” said the old lady. “You can madam: you can.” he replied. *“The only q.’iestion is whether I can trust mvself with your daughter.” For he watt a young man of great wealth. Eyes tested free at Maxcy’s, by Dr. Woodard, •
A FAMOUS TEXAN DEAD © CAPT. “HIGFOOT" WALLACE, INDIAN KILLER AND MEXICAN FIGHTER. Patriot Whose Name for More than Fifty Year* Wa* a Household Word in the Lone Star State. ■ • St. Louis Post-Dispatch. “Bigfoot” Wallace is dead. When he gave up the ghost, Jan. 7, on his ranch near Devine, the most remarkable man in Texas had ceased to live. He was eighty-one years old. All the romance of sixty years of border life was crowded into his adventurous career. At the age of twenty he left his home at Lexington, Va., and went to Texas, for the express purpose of avenging the death of his brother, who was captured and slain by Mexicans in 1836. He was a participant in the remarkable struggles on the Texas border before the war with Mexico, and was everywhere known as a fearless fighter and an implacable foe. His name was for more than fifty years a household word in Texas. In the gloomy dungeons of Perote it took seven giant Mexicans to throw this struggling Texan to the earth and bind him. After he had lain fourteen days chained hand and foot, face downward, to a rock, without food o- water, when the thongs were cut and the rivets forced apart his first act was to spring to one of his tormentors and try to throttle him. Alexander Anderson Wallace was born near Lexington, Va., in 1817. He came of revolutionary stock, many of his father’s kinsmen having served in Washington’s army. The family claimed to have descended from the fighting Wallaces of Scotland, and those who have seen old Bigfoot leading a charge in battle declare that they needed no further evidence as to the correctness of this historical statement. When Mr. Wallace arrived in Texas the war of independence had about ended. Santa Anna was a prisoner and it was belived that a permanent peace would soon h* established between Texas and Mexico. The army had been collected in the eastern part of the republic for the purpose of fighting the Mexicans, and as a consequence the frontier was very poorly protected. The Comanches and other hostile tribes took advantage of this condition of affairs and raided the settlements at their pleasure. It was not long, however, before the commander of the army, who was a no less important character than Albert Sidney Johnson—could spare a force tq meet these red devils and punish their audacity with sword and fire. Big Foot Wallace at once enlisted and served for many years with these frontier troops, and it was not long before he was known on the border as one of the most daring and desperate Indian fighters on the plains. FIGHT ON A NARROW LEDGE.
In one of these dangerous expeditions Mr. Wallace came nearly losing his life. He was crawling alorrgra ledge of rock by the side of a bluff, not far from Austin. There wits barely room for him to walk along the ledge, which was far above the stream that was roaring and splashing below him. He came to a projecting rock and peered cautiously around. It so happened that a big Comanche warrior, who had evidently been watching Wallace, peeped from the other side of the projection at the same instant. The faces of the two enemies, bitter with hatred and kindled by two pairs of eyes burning with rage, were not six Inches apart. Both men drew their weapons for battle on that narrow ledge, with no witnesses but the eagles. Wallace was the quicker of the two, and just as the Indian’s arrow appeared around the rock the gun of the Texan cracked in the warrior’s face and his hotly rolled, hounding from iadge to ledge, into the torrent below, while the eagles shrieked a requiem. Tn September, 1842, when the Mexican General Woll made a dash into Texas and surprised and captured San Antonio, Wallace was serving with the famous Jack Hayes. This company of gallant horsemen were first in the enemy’s front and formed a rallying point for the army that almost instantly assembled under General Matthew Caldwell. Hays was ordered to select a battle ground and he met the enemy at Salado. Here a pitched battle was fought between 300 Texans and 1,500 Mexicans, and the enemy were driven from the field. Big Foot Wallace was everywhere, sometimes firing a musket, and at others slashing the enemy with a great bowie knife. The example of his valor amongst the whistling bullets was worth a whole regiment. After the great victory Colonel Jack Hays put his hand on Wallace’s shoulder and said: “Here’s a soldier whom Napoleon would have made a marshal of France.” General Woll instantly commenced a hurried retreat towards Mexico, while the Texans hang on his rear and gave him no time to rest. Embarking in boats, they floated down lie Rio Grande to the Mexican town of Mie-. The alcalde surrendered the town and the Texans retired to their camp to await a supply of provisions which the alcalde had promised to collect. On Dec. 25, the Texans discovered that General Ampudia, at the head of an army of 2,000 men, was in possession of Mier. They at once prepared to give him battle. “Bigfoot” Wallace said this was the hardest fought battle that he ever witnessed. By a clever ruse the Texans were persuaded to surrender. LOST IN THE MOUNTAINS. The prisoners were at once started on a long march towards the dungeons of Perote, where they knew they would be tortured to death. At the Hacienda Salado they overpowered a company of cavalry, and taking their arms and horses from the trembling wretches they rode away in a gallop. Had they kept the great high road, they could easily have marched straight to Texas, but a few shouted, “To the mountains!” Cameron and Wallace, realizing the mistake, but fearing the Texans might get separated, they left the road. There were 193 of them, enough to have whipped a whole Mexican army. It was not long before they were hopelessly lost and entangled in the mountain passes. Days passed and they saw no sign of a road or a human habitation. The weak began to perish of hunger and thirst. Brave soldiers rode along in speechless agony, with their tongues hanging black and parched from their cracked lips. Some became insane and rushed wildly about scratching into the earth for water. A few killed their horses, and others sucked the blood from the veins of the poor, staggering beasts. Many threw away their arms and bade their comrades farewell. Incredible as it may appear, nine out of these prisoners reached Texas. The remainder were returned to the Hacienda Salado and all heavily ironed. Santa Anna ordered Colonel Mexia to shoot every tenth man, but this brave soldier replied that “he would have nothing to'do with such an inhuman piece of butchery.” A wretch was easily found who executed the 'massacre. One hundred and fifty-nine white beans and seventeen black ones were placed in an earthen mug and the prisoners drew for life or death. . Captain Wallace once said: “The greatest of all my battles was Mier. Less than 399 of us killed 822 Mexicans. General Moreno, of Ampudia’s staff, admitted this fact to me while I was a prisoner. “We were released in 1844, after having endured every kind of cruelty and torture the inhuman Mexicans could devise for about twenty-two months. A great many escaped and many others died. Os the 3*.(> who wtro at Mier I don’t think over one-half ever got back to Texas. I know but one besides ayself who is alive to-day. His name is Bione and he lives over on the Blanco.” The surviving Mier prisoners only had a few years to wait before an opportunity presented itself for them to avenge themselves upon the Mexicans. War soon afterward broke out between the United States and Mexico. Big Foot Wallace no sooner heard the news than he mounted his horse and rode to the nearest military camp. He served with his characteristic energy and intrepidity, and behaved with such gallantry at Monterey as to win a complimentary notice from the commanding general. KILLED MANY INDIANS. After peace had been made Big Foot Wallace returned to Texas. Intending to do a little farming and raise a herd of cattle, but the Indians would not let the people alone and he had to resume his old occupation of killing them. He followed them to their mountain fastnesses a hundred times, and skirmished with them equally as often. He fought nine pitched battles with them, beating them every time. This broke the power of the Comanches and they never made another murdering expedition into that part of Texas. "My men always fought well,” once said the old veteran, “except one. At the battle of Twin Sisters he wanted to run away, and I tore off a mesqulte limb and beat him over the shoulders, telling him that if he
did not fall in and fight that I would kill him and save the Indians the trouble.’’ The LI pans upon one occasion surprised Big Foot and made him a prisoner. Their chief, Juan Castro, who was one of the smartest Indians that ever lived, amused himself by bringing out a hideous old squaw and telling the prisoner that his only hope of escaping torture and death was lodged in the hands of this old woman. “You, Big Foot,” said the chief, “you killed her husband in battle and unless you take his place and marry her at once my people will burn you alive.’’ Big Foot gazed for a moment upon the weather beaten, scarred visage of tne monstrosity and cooly said to the chief, while looking unflinchingly into his face: “Tell your people to light their fire.” Castro laughed heartily. A few days afterward Big Foot escaped and fled to his home. To his surprise, when he rode up to his gate, he found Juan Castro there to salute him. This chief stayed over night with him. He wanted to make an alliance with the Texans against the Comanehes and he induced Big Foot to go and see President Houston and execute the treaty for him. Castro and Big Foot were ever after warm friends and when the great chief died the Lipans invited Big Foot to his funeral. During the civil war Captain Wallace remained on the frontier in the service of Texas. “I wanted nothing to do with that foolish war,’’ he said, “I did not want to see the Union dissolved, and 1 could not fight against old Virginia, and I would have fought a regiment before I would have shouldered a musket on either side.” He could easily have been a general In the Southern army, but he would storm and foam in. wrath whenever the war was mentioned. Captain Wallace was never married. THE BEECHER RIFLES CHURCH. Tlie Fain on* Preacher .Helped to Establish It in Kansas. Kansas City Star. The call of Dr. Newell Hills, of Chicago, to fill the pulpit made famous by Henry Ward Beecher has recalled many incidents in the career of the distinguished pastor of Plymouth church. His church appears to belong to the American people, as belong Old South church and Gettysburg field; it was made through Mr. Beecher’s pastorate a national institution more than a local one. It was the heart of the abolition movement, and was called by its enemies “the and abolition nest.” During the civil war Plymouth pulpit was the place from which loyal Americans were given inspiration and encouragetnent. The church gave its money and lives of its sons to the cause of the union. Mr. Beecher died in 1887, and the first Sunday thereafter Lyman Abbott preached from Plymouth pulpit. For some time he was acting pastor and became the regularly chosen head of the church in 1888. He resigned on November 27, 1808. One of the most striking reminders of the character of Henry Ward Beecher is in the little town of Wabaunsee, Kan. It is the Beecher Rifles Church, erected by the men who went out from Hartford, Conn., in 1854 to help free Kansas. At one of the meetings held at New Haven to organize the colony Mr. Beecher made the principal address. After he had finished speaking it was announced that, while the party was well prepared to dig and plough, It was not in shape to fight. Professor Silliman, of Yale college, arose and in a short speech urged the furnishing of the colonists with guns, so that they could do something for freedom as well as for the building up of prosperity on the plains. He ended by subscribing $25 for the purchase of a Sharps rifle. Others followed, and in a few minutes half of the colonists had been provided with weapons for either defensive or offensive warfare.
The meeting was in many w’ays remarkaable, but most for what followed. Beecher, then at the zenith of his power, again took the rostrum, and in a magnetic speech gave his blessing to the new plans, and promised that If the colonists could get half enough rifles there he would promise that his church would furnish the remainder. In a few days he sent to the company the required number of guns, over sfiOO having been subscribed by his parishioners for the purpose, and along with them came a Bible and hymn book for every member of the party. On the last day of March they tramped out of New Haven, as splendid a party of men as ever gathered for the colonization of the West. In the party were doctors, lawyers, merchants, teachers and preachers, and every one carried on his shoulder a rifle, in his pocket a Bible and hymn book, and in his heart a determination to honor the people who had fitted them out with the means to conquer slavery and the wilderness. In St. Louis they organized a co-operative company, and brought the necessities of life to the bare prairies and went into the new lands with a complete outfit, prepared to make a living and fit out homes for the reception of their families, who were to come later. With them went the words of the preacher, who wrote them from his study in Brooklyn as he sent the rifles: “Let these arms hang above your doors as the old revolutionary muskets do in many a New England dwelling. May your children in another generation look upon them with pride and say, ’Our fathers’ courage saved this fair land from blood f\pd slavery,’ Every morning's breeze shall catch the bles ings of our prayers and roll them westward to your prairie homes. May your sons be large-hearted as the heavens above their heads; may your daughters fill the land as the flowers do the prairies, only sweeter and fairer than they. You will not need to use arms when it is known that you have them. Tt is the essence of slavery to be arrogant before the weak and cowardly before the strong.” The Beecher Rifle Colony shot as it prayed, and did not forget to pray often. Most of the members were Congregationalists, and there were not a few who carried along with the Bibles and hymn-books Yale diplomas. But there was a broad catholicity in their religion, and when it was proposed to found a church the platform was made so broad that all denominations came in, and in the big tent that the colonists had bought, in the grove where in summer services were held and in the same building that later sheltered the gatherings, only the purest Christianity was expounded. Once during the time of service came the alarm of an inroad by Indians. The rifles were unslung and the congregation went on the warpath. No scalps were taken, but the Indian raid was stopped. A howitzer was added to the accoutrements of the party, and when it was known that the rules of the Territory forbade the importation of arms inside the borders it was hidden in a haystack. So the colonists worked out their religious and financial salvation, and founded a town that has ever remembered the kind and patriotic offices of the friends who put both Bibles and guns into their hands. It is often said in the community that both weapons were used effectively and well. With the growing need of the church came the demand for a better building, and at the beginning of the war came more funds from the East for the purpose of erecting anew structure. In 1882 the stone church was completed and occupied. Inside its walls have services been held since, and Hn many ways it is the most notable structure of the kind on the plains. Plain, rough-hewn and unassuming, it stands a testimonial to the invincible spirit of patriotism and religion that animated the first comers of the plains. It was not more marked here, perhaps, than in many other colonies, but it came out more boldly because of the conditions under which the originators of the expedition acted. It was characteristic of those New Englanders to take with them the stern, godly spirit that had been their teaching in early days into the new lands. It was seen in the contests that came during the border warfare. and had its highest exemplification, perhaps, in the almost fanatical enthusiasm that shone in the acts and words of John Brown, not that he was one of them, but he showed in his life the spirit that was seen in a lesser and saner degree in the leaders of the New England forces. This feeling was shared by those who fitted out the colony, and their wishes were reflected in the settlers’ history. "The spirit that Beecher breathed in the colony named after him.” says one writer, “the spirit that animated the Emigrant Aid Societies and other colonies from the Far East, was one of the influences that made Kansas send more troops to the front in proportion to its population than any other State in the Union, and brought about more tolerance toward seekers after freedom, religious or political, from that day to this. Tt can be appreciated now better than for many years past how greatly was the East interested in the struggle of the West for freedom. It was Americanism in its purest and best form. and. should occasion arise for another exhibition of it, the descendants of those who led the way toward the setting sun forty years ago would be among the first to show it.” SlioMvlnir It* Effect on the Temper. Chicago Tribune. The Doctor (writing a prescription)—You still have something to be thankful for, madam. Your husband shows no symptoms of having the disease. Mrs. Billus (in the fell clutch of the grip) —No. sir. He's too mean and contrary to taka itl
ROCKEFELLER’S BOYHOOD - INCIDENTS IN THE EARLY LIFE OF THE STANDARD OIL MAGNATE. Ills Boyish Ambition Wns to Be Worth 100,000—The Methods by Which He Has Amnssesd Millions. ♦ New York World. John D. Rockefeller, now probably the richest man in the world, spent his boyhood in a little house about three miles out of Oswego, N. Y. When he was seven years old his father moved from a small farm of ninety acres near Owasso lake, just north of Moravia. He was a poor farmer, this eider Rockefeller. He was rarely at home, and a hired man did all the work of the farm. Everybody liked his wife, who, as Miss Davidson, had been a popular young lady, but few of his neighbors had acquaintance with Mr. Rockefeller. He was the great mystery of the country side. The gossip of him may be heard to this day in Owego. Returning home only at infrequent Intervals, his own children knew' him not as well as they knew many another man in the neighborhood. John D. Rockefeller grew up like the country boys he played with. He was like his mother, and he learned his thrift from her. The house he lived in was one of the humblest in that neighborhood. It stands new exactly as when the young Rockefellers used to tumble down the steep back stairway or clamber over the low roof, a story and a half building, painted brown, with no porch and no wings, and almost too small to furnish elbow room for a family of six. The upper chamber, which the boys occupied, w'as a low room, with a sloping side, and even when he was fifteen John Rockefeller must have bumped his head if he jumped out of bed too suddenly. But though the cottage was small it had a pleasant location. The land in front sloped gracefully to the smooth waters of the Susquehanna. Hiawatha island is in the middle of the river at this point, and it is an ideal situation for swimming, coasting, skating and all the healthy outdoor occupations in which boys delight. The young Rockefellers grew up among these surroundings, under the guidance of their mother. She was an Invalid when the family came to Owego, and for several years afterward was unable to go outside the house. But she was a woman of strong character and ambitious for her boys. She kept them in school and taught them to be industrious and saving. Their tasks at the family wood pile and in the little garden were not many, but the mother saw' to it that each boy’s work was regularly performed. She ruled them with a stern but kindly hand. If one of them disobeyed her he felt the stir.g of a birch whip. One of the brothers—there were three of them, John William and Frank —was sent out for the rod while the culprit stood by her chair. Needless to say, no effort was spared on these excursions to select the stoutest rods they could find. But though their mother was severe, she was as kind and helpful as a mother could be, and they all grew up with the greatest love for her. Os their father, as I have said, the boys knew little. He would disappear for four or five months at a time. Then some morning he would be at home and remain there for a few weekt before departing for another season. He supported the family, paid the rent of the little cottage regularly, and when he returned from his trips was well supplied with money. He was a pleasant but taciturn man who shared no confidences.
A FAMILY MYSTERY. None of the neighbors knew what his occupation was, nor did his own family, except perhaps the mother. There was a mystery about his long absences and his reticence on the occasion of his infrequent visits home that caused the good people of Owego to shake their heads. Some of them said that Mr. Rockefeller must be in a queer business since he did not care to make known what it was. But there was nohing more than gossip to give color to any of their stories. Although the mystery regarding the head of the family caused some of the older people to look askance at the Rockefellers this did not trouble the boys. There are a number of men about Owego now who went to the district school with John Rockefeller and his brothers. These men agree in describing the three as good boys, fairly popular, but in no way remarkable. They did not stand at the head of their classes nor were they leaders among the boys of the school. William was the most popular among his playmates and with the older men who knew the brothers. He was brighter, quicker and more enthusiastic in work or play than John. One of the farmers, for whom the young Rockefellers occasionally worked on a Saturday, said: “We always looked on Will Rockefeller as smarter than John, and liked him better too. If Will had a piece of work to do ho and pitch right in and get through it as quick as he could, but John would sit down and spend half' the time figuring out the easiest way before he began. \\ e always thought he was a little too lazy to make much of a farmer. “I don't know that it was exactly laziness either. When he tackled a thing he always stuck to it until it was finished. It was more a ease of counting the chickens before they hatched with him. We reckoned if he was to be a farmer he’d spend so much time figuring up his yield of wheat that the season would pass before he got it sowed. John D. Rockefeller was siow but He never went into a thing until he cculd see the end of it. Then he worked for that end, steadily and with dogged persistency, until it was accomplished. Years later he said to ono who knew him well: “It always has been my rule in business to make everything count something. I never go into an enterprise unless I feel sure that it is coming out right. For instance, a promising scheme may be proposed to me. It don’t altogether satisfy mr and I reject it. M v brother, Will, would probably go into it and make SIO,OOO. Another equally promising scheme comes along. He goes into that and loses SIO,OOO. The result is he hasn t made any advancement and he has been losing time. Meanwhile, in some surer enterprise I have made, say $5,000 in the same time the other fellow has made and lost twice that amount. But mine counts and his doesn’t. I believe that the only way to succeed is to keep getting ahead all the time. Another early characteristic of the future multi-millionaire is described by the man who knows him better than any other person in the country. w _ i “In the district school which the Rockefeller boys attended it was customary to play tag. hide-and-seek and such games during the noon hour and the recesses. If John suggested a game of tag and the ethers agreed to play that, well and good. But if John proposed tag and the others decided to play fox and geese, he wouldn t have anything to do with it. He didn t fly into a rage, and he would stand by and look on while the others played It. But he would never take part unless they agreed to his plans.” JOHN D. HAD A WILL. The Rockefellers were poor; not poor with the poverty of the city tenements —they had enough to eat and clothes to wear but there were few luxuries in their little home. The boys were glad to do a day’s work for one of the neighboring farmers wffien they got the opportunity. For this they received the prevailing pay for boy labor—2s cents a day. At present Mr. Rockefeller’s income is not less than $20,000 per day. From 25 cents to $20,000 is a long jump, but John Rockefeller probably got more enjoyment out of the quarters earned by hoeing potatoes or husking corn than he does out of his coupons and dividends. That was pocket money, and he could spend It as he pleased. Now 1 is income piles up faster than he can spend It and he is robbed of the joy of careful planning how the greatest enjoyment is to be got out of each nickel. Although the young Rockefellers could not have felt the pinch of poverty seriously, they were in poorer circumstances than most of their boy friends, whose fathers owned and tilled their own farms. John Rockefeller was proud and sensitive. He felt the difference, although he took no outward notice of it. Even at that time he practiced the habit, which he still keeps up, of doing much thinking and little talking. Once as he was walking along the river with a young friend they fell to talking over the future. “What do you want to do when you are grown up?” asked John. The other boy looked around him: “I want to own all the land from the comer up there down to the scheolhouse,” said he, pointing along the hillside. "Charlie,” said John mysteriously, “do you know what X want?” And then he went on, while he gazed fixedly at hla companion as if to impress upon him the importance of hla words: “Some day, Charlie, some
time, when I am a man, I want to be worth a hundred thousand dollars. And I’m going to be, too—some day.” It was boy's talk of course, but it showed what visions were passing before the eyes of the country lad, who probably had not a cent in his pocket. At another time young Rockefeller said that he intended to become a grocer. That ambition apparently remained with him through his youthful years, for when he was ready to set out in life for himself he embarked in the warehousing and produce commission business. ENTERING BUSINESS. As soon as John and William had finished with the district school they began to attend the Owego Academy. It was three miles from their house to the town, but they walked back and forth every day through all kinds of weather. They had little to do with the other boys and had no intimate friends. They lived too far away to mit much with the town boys, even if they had been so disposed. After the boys had been two years in the village school their father suddenly decided to remove to Cleveland. O. The boys iid gcod-bye to their few country friends and that was the last Owego saw or heard of them until John D. Rockefeller’s name came to be on every tongue as the petroleum king. After their removal to Cleveland the Rockefeller boys spent one year In a business college located there, and then John D. carried out his cherished design to enter business. firm of Rockefeller & Hewitt was formed and began a warehouse and produce business. Here in a dingy old building John D. Rockefeller began a business career which is without parallel. From the beginning he acted on the principle which he had enunciated of making everything count. To an old acquaintance who called on him and admired the neat condition of his stock he pointed out a number or barrels of beans. “Every ono of those beans,” he said, I picked over by hand myself. We got them cheap because there were a good many black ones among them. 1 have put in my spare time, day and night for the past few weeks, sorting them over. Now they are extra quality and wb shall sell them at an extra price.*' , Picture the future billionaire seated in the dark garret of his warehouse sorting over beans by the hour. Everything counted an those days. Presently the money liegan to count up. In the four or five years while he was engaged in the warehousing business Rockefeller made between sa,ooo and 510.(MW clear. More Important than that, he made a reputation for business sagacity and hardheaaness among the business men of the citv which gave him excellent credit. Many stories have been told as to how Rockefeller came to go into the oil business. The truth of the matter is that he became Interested in oil just when thousands of others did. at the outbreak of the Pennsylvania oil excitement. But, unlike many of the others. Rockefeller did not los# his head. That is something he has never dene in all his life. THE STANDARD’S BEGINNING. One day at the beginning of the rush to the Pennsylvania oil field a man who had known Rockefeller in Owego and who had been further west was passing through Cleveland on his way to the new region. Rockefeller got on to the train and the two fell to talking. “I'm going down into Pennsylvanle to try my luck In oil,” said the man lrom the West. . “Well, that’s my husiness now, too. replied Rockefeller. “I'm going to look at some wells now and if they look as well when I see them as they do on paper I am going to put $75,000 into them.” At that time John Rockefeller did not own a small fraction of $75,000, but he knew' that he could borrow it. In fact, the business men of Cleveland had told him that If he was satisfied to put in $75,000 on his own account they would furnish "the balance of the $400,000 necessary to buy the lot. rrie young warehouseman had already made a reputation for keen judgment and business sagacity. . , , Other men rushed into the oil country and bought the first wells they could secure at any prices the owner chose to ask. Rockefeller looked at the wells offered him. They were promising wells, but he was not satisfied. He did not feel perfectly certain how they would pan out. so he went hack to Cleveland without Investing. He wasn t taking any chances. Petroleum with all the gases In it was very inflammable and that fact proved a bar to its general adoption. One of Rockefeller’s acquaintances among the Cleveland commission men was Samuel Andrews. Andrews was familiar with the general processes of distilling and believed that there was money in the refining of oil so that the iinflammable gases should be separated from it. He explained his plan to Rockefeller. The cautious voung man was satisfied with this. He could see big money in it. and he got out of the warehouse. Rockefeller and Andrews started a small refinery. It was soon running full blast and they built another. In a few years they were turning rut 2 000 barrels per day. Then IDnry M. Flagler put his money into the business and the firm became Rockefeller, Flagler & Andrews. They added more refineries, bought up their smaller competitors or drove them out of husiness. Rockefeller was the schemer of the firm. He laid the plans for extending their husiness and destroying competition and Flagler carried out these plans, following Rockefeller’s directions Implicitly and relentlessly. Andrews looked after the refineries. In 1870 the business of Rockefeller, b lag>r & Andrews was merged in the Standard Oil Company, which started out with a capital of $1,000,000. At the age of thirty-one John D. Rockefeller had more than realized his youthful dream of becoming worth SIOO,OOO. But meantime his ambition had multiplied a thousand-fold. Where he had before dreamed of thousands his dreams were now of millions and he set out in pursuit of thU new vision as carefully and tirelessly as he had followed up the former one.
TOMBSTON IS’S DISARM A M EAT. A Precnrsor of the Csar’s World Pea*© Scheme. Now Orleans Times-Dcmocrat. “This newspaper talk tjie Ozar s disarmament scheme,” said a Western man. “reminds me of something that happened in Tombstone, Ariz., when that place was the hottest hamlet on the whole frontier. There were two factions In town at the time, and everybody predicted that a pitched battle was liable to occur at any moment. The split grew out of an old qmirrel between the cowboys and certain selfconstituted authorities, and was complicated by so many side issues that nol>ody knew exactly what it was about. All that ■was perfectly clear was that two goodsized crowds were zigzagging about town waiting for some trifle to start the fracas. Every member of both parties was armed to the teeth and afraid to lay aside his shooting irons for a moment lest he he taken at a disadvantage. In addition to the regulation brace of 4r>-caliber Colt-, most of them carried ‘sawed-off shotguns. These weapons were very popular in Arizona in the early days, and were ordinary breech-loader* w r ith the barrels amputated some eight inches above the locks, making just about the ugliest machine that mortal man ever gazed into. When loaded with half a pint or so of slugs it would kill everything in an acre lot except the man directlv behind the gun. Nobody ever thought of firing the things from the shoulder. but turned them loose at the hip, and the modish way of carrying them was by a loop of clothesline tied at one end to the belt and at the other to a ring in the breechplate. Local dudes used to go about twirling them like monocles. Well, this armed peace went along without any special incident for over half a year, greatly to the disgust of everybody. You see, each side carried so much personal artillery and kept such a sharp lookout that none of them, cared to take chances on starting the row. That was the way things stood when the fire department got ready to give its annual hall, which was the great social event of the vear. The fire chief was a keenwitted Irishman, and he thought the situation over, and called on both factions. ‘Look here, boys,’ he said In substance, ‘you all want to come to the ball, and you can’t do it with them scatter-guns hanging to you. If you happen,to kick one oft waltzing you might massacre the whole orchestra, and they’re the only musicians in town. So. why not let all hands agree to unload everything until further noticeguns, pistols, knives and knuckles —and just turn in and have a good time? I’ll taka care of the hardware and give each fellow a check.’ This Interesting proposition was favorably received, and after considerable quibbling about the details an agreement was drawn up and everybody peeled off his weapons. There was a great sigh of relief, and the ball was the biggest success on record. The truth is Tomsbtone was sick of war. and to the best of my recollection the general disarmament continued for five or six months. It was broken by a typical street duel, and then things got wild and w'oolly again. It Is certainly a curious unwritten page of frontier history.” A Hook Plate. New York Evening Sun. A certain owner of books who has a book plate has adorned the same with the following: “Steale not thlsse book for feare of sham* For here you se ye owner hys name And when you dye ye Ix>rde will saye Where Is that boke you stole awaye Then if you saye you cannot telle Ye Lorda will saye then go to ** It will be observed that the last line oorvtefr.s a statement of fact and not a wish. Ail book collector# will indorse the cam*
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