Bemidji Daily Pioneer Newspaper, October 19, 1907, Page 4

S— o a— DOINGS AMONG BEMIDJI'S COUNTRY NEIGHBORS Live Correspondents of the Pioneer Write the News From Their Looalities. BATTLE RIVER. Mrs. J. Jerome and daughter El<ie yisited Mrs. A Dahlman lase Monday. G. L. Matson of Saum, Minn., master of all trades, is building some brick chimneys for J. Jerome this weok, Jack Melee of Red Lake agency stopped over night at Battle River on his way to Robt. Foy's lumber camp, unear Kelliher. Robert Merserean, who is buying logs from the homesteaders of Cor- mant and Battle River for the Thief River Falls Lumber company, regis- tered at Battle River Friday. Miss Beth Horton of Bemidji, who is teaching school in the Teneycke dis- trict, and Miss Mary Teneycke were over to Battle River to spend Sunday afternoon on the shore of Red Lake. The Thief River Falls Lbr. Co. has loaded up all the lumber and log driv- ing material on the steamer, James Meehan, which they had for the pur- pose of booming out logs, for the last number of years at the mouth of the Blackduck river, and have transported them to the Tamarac river to be used in their logging camps this winter. QUIRING. Anna Shogren made a trip to last week. A. P. Hendrickson is busy pulling stumps for Swen Johnson this week. Mrs, Chilgren and Mra. John’Aunder- son called un Mrs. C. J. Carlson last Friday. Chas. Lo Roque left last week for Kelliher, where he expeots to ocut ties the voming winter. D. K. Laurie held services iu both school houses Sunday, Oct. 6th, also at the school house in Dist. 87, G. W. Hills made a trip to Black- duck last Monday. Mr. Hills has a | big crop of potatoes and onions this year. Miss Olive Proctor, who is teaching in the south school house in Dist. 93, is on the sick list and there has been 0o school for the last two days. The ladies in Quiring organized a Ladies’ Aid last Saturday. The meet- ing was held av J. M. Arntson’s. They will work towards building a church the coming spring. C. J. Carlson, H. Hendrickson and J. M. Arntsoa dug Nels Nelson's potatoes last week. There was & fine crop of potatoes on & small plece of ground. Mr. Nelson was up from Grand Rapids last week. WILTON Ned Crotteau is busy hauling hay to | Wilton. Halvin Dahl’s new house shows up tine from main street. Most of the farmers are through threshing, in this vicinity. J. J. Opshal aud family visited at Malvin Dahl's Sunday. C. F. Rogers and J. M. Watkins were business callers at Bemidji Tues- day. Don't forget the dance, given by the M. B. A. Lodge, at Rogers’ hall, Oct. 12th. Members of the city council advise that sidewalks will be put in here next week. Mr. tnd Mrs. Hans Ballangrud and children visited at the A. Geisness home Sunday last. The school board is preparing the Shoe Fall Styles N The Latest in Bemidj Shoe Bemidji Cash for Men, Women and Children A Complete Line of Rubber Goods Repair Work Neatly and Quickly Done Store ow Complete Button Shoes Store school grounds here, and work on the school house will soon begin. Work has commenced on the rail- road spur to be vut through the big pine timber south of ilton this winter, There will be a dance in Rogers ha'!l Saturday evening, Oct. 12th. Every- body cordially invited to attend. A good time is expected. CLEMENTSON- Jonas Walline arrived from Spooner, Wednesday. H. Halvorson of Boom Creek, was & visitor here Sunday. Miss Tea Olson was the guest of friends and relatives the past week. Mr. and Mrs. Goutts of Baudette are visiting friends and relatiaes here. Mr. Rhyberg is fizsing up his home and getting things in shape for winter. Miss Julia Nelson and Harris Wil- son of Thief River Falls, are visitors here. Mr. and Mrs. Geo. Boyce and child- ren were guests at the home of Mr. and Mrs. Eidom, Sunday. Leon White, who has been working in the sawmill, had the misfortune of losing two of his fingers. Miss Palm and her three brothers left Wednesday for their homesteads on the Rapid River Country. Chas. Monson has purchased new furniture for his new home. Say Charles, it looks suspicious. Mr. Lindahl has just returned from a short visit at Spouner. He was ac- companied by Ernest Blackmore. David Olson, the popular Clemert- son logger, is hauling hay and pro- visions to his winter logging camps. ‘Wm. Unke left the first of the week for Chicago and other eastern points, where he will visit his parents and other relatives. Mr. Fladager and daughter, Mrs. Christ Eidom, have returned from a visit with relatives and friends at Northwood, N. D. James Perkins has just completed a new root house. It is a large, com- modious place and will store all the vegetables he is raising on his place. Samuel Heagy, who was formerly a resident of Rapid River, has returned to our midst, after spending several months working in the sawmill at Spooner. Milton Robertson snd wife of Spooner and Wm. Robertson and wife of Rainy River, were vircitors in this neighborhood and while her. were the guests of Mr. and Mrs, H. Clementson. ANOTHER SLUMP IN WHEAT Prices Break Badly on the Chicage Board of Trade. Chicago, Oct. 19.—The wheat mar- ket broke badly again during the day, prices dropping nearly 8 cents. The December option sold down to 993 cents, against final quotations of $1.02%. May dropped to $1.06%, the previous day’s close being $1.08%. The break was started by several :| large holders, who put out heavy lines of long wheat, and were followed by shorts who sold in lively fashion. The decline was not checked until about thirty minutes before the close of the market, when shorts com- menced to cover. The final quota- tions for December were at $1.01, which was a decline for the day of 1% points. ‘'May closed 13 cents down, at $1.06%. BLANK BOOKS A large consignment of Day Books, Ledgers, Cash Books and Journals, have just been received and the stock is com- plete and will give the buyer a good good selection from choice. which to make his MEMORANDUM BOOKS Our line is the most complete assort- ment in Northern Minnesota. We have books from the very cheapest to the very best leather bound book or cover. BEMIDJI PIONEER Stationery Department LOANS TO THE STREET Willian G. Rockefeller Explains Some Oil Trust Deals, IGNORANT ON MANY POINTS Knows Nothing of the Big Loans to P. 8. Trainor and Charged to Ex- pense Account—Directed by Prose- cutor Kellogg to Look Matter Up. New York, Oct. 19.—Willlam G. Rockefeller, assistant treasurer of the Standard Oll company of New Jersey, was & Witness.in the federal suit for the dissolution of the oil combine and gave testimony regarding the large loans Which appeared on the com- pany’s books as having been made to “Interests other than Standard.” Mr. Rockefeller testified that these loans had been made to financlal interests in this city. After being sworn as a Wwitness Mr. Rockefeller said he had been treas- urer of the Standard Oil company of New York for seven years and was assistant treasurer of the Standard Oil company of New Jersey. Mr. Rocke- feller sald he knew nothing about the account of James McDonald, who, ac- cording to the Standard’s books, had been loaned large sums of money from 1900 to 1904. “Do you know anything about the Manhattan Oil company ot Ohio?” was asked. “Only what I have read in the news- papers,” replied Mr. Rockefeller. Mr. Rockefeller said the Anglo- American company had sent money to the Standard Oil company of New York, which had been paid to Mr. McDonald. That was all he knew concerning the payments. The balance sheets of the Southern Pipe Line company from 1899 to 1905 show that loans amounting to many millions were made to P. S. Trainor and charged to expense account. “Do you know anything about these loans?” “I really do mot,” answered Mr. Rockefeller. Mr. Rockefeller was directed by the government’s counsel, Mr. Kellogg, to look up these loans and find out what they were made for. Mr. Kellogg then took up the loan account of the Standard Oil company of New York in 1906, which reached $32,761,620. Immense Loans on the Street. “Mr. Rockefeller, I find here among the items a loan to T. M. Barnsdale of $7,630,044. What was that loan for?” “The money was paid out from time to. time to Mr. Barnsdale at the di- rection of John D. Archbold. The collateral was stocks and bonds of oil and gas companies in West Virginia and Pennsylvania. Mr. Barnsdale lives in Pittsburg. I have heard he was interested in the production of oil. We received 6 per cent on M. Barnsdale’s loans.” “Of the whole loan of $32,000,090 made last year what amount was loaned to Wall street brokers and what to individuals?” “Well, about $19,500,000 was loaned to Wall street brokers and the rest to Mr. Barnsdale and to individuals,” replied Mr. Rockefeller. Mr. Rockefeller said that in the summer of 1906 the amount of money loaned in Wall street amounted to nearly $25,000,000. He said the Stand- ard Oil company of New York was in close touch with financial interests in this city because of its large foreign exchange. Mr. Rockefeller said: “The Standard sometimes has large sums in the street and again it has little out at interest. The collateral is safe stock exchange securities. We require a margin of 20 per cent at all times.” Mr. Rockefeller said that the Stand- ard Ofl company of New Jersey did not loan money in Wall street. Mr. Rockefeller testified that he did not know why the subsidiary pipe lines kept on deposit such vast sums of money, excepting perhaps it might be used in construction work. “But, Mr. Rockefeller, these sums aggregate millions,” said Mr. Kellogg. Mr. Rockefeller disclaimed familiar- ity with the accounts of the pipe line company. He said he Is a stockholder in ‘the Standard Oil company of New Jersey, but that his stock stands in his father’s name. That concluded his examination. HALF MILLION DAMAGE. Newcastle, N. S. W,, Affected by Un- derground Slides. Sydney, N. S. W. Oct. 19.—Dis- patches from Newcastle state that a serlous creep has occurred in the old mine workings under the residential quarter of that city. Buildings on an area of fifteen acres are affected and the damage so far is estimated at $500,000. There have been no casual- ties, A mine creep is a slow movement of rock surrounding the excavations to replace that taken out until the movement often causes & change of levels on the surface. 8ult to Recover Big Sum. New York, Oct. 19.—The directors of the Metropolitan Securities com- pany have voted to retain former United States Circuit Court Judge William J. Wallacé to bring suit for the recovery of $965,000, which was pald to Anthony N, Brady in 1902, ac. cording to his testimony, for the se- curities of the Wall and Cortlandt Street Ferries Rallway company, IS LESS SATISFACTORY. Condition of Emperor Francis Joseph of Austria. Vienna, Oct. 19.—The news received here from Schoenbrunn castle regard- ing the health of Emperor Francis Joseph 18 less satisfactory than in re- cent days. He passed a restless night, belng frequently disturbed by bad at- tacks of dry coughing, which prevent. ed .him from taking much sleep. Therefore he rose earlier than usual and when the doctors arrived they found that the catarrhal symptoms Were somewhat worse than during the praceding days, that'the coughing was more frequent and more violent and that there was not sufficlent expec- toration. In addition the patient, as a result of the bad night, was weaker, but the doctors hope that his satisfac- tory appetite will help him to over- come the present signs of weakness. One favorable symptom is the ab- sence of feve he general condition of the emperor, however, requires the utmost care. The attending physi- clans are worried by his majesty’s unwillingness to restrict his work. He sits for several hours daily at his desk, thus aggravating his malady. He does not yet realize that he s 11l and says that “an old soldier must not notice a cold in the head.” KILLS A BIG BLACK ONE. President Finally Succeeds in Getting a Bear. New Orleans, Oct, 19.—News of the killing of a big black bear by Presi- dent Roosevelt in the canebrakes near Bear Lake, La., has reached New Or- leans in a telegram to John M. Parker, one of the gentlemen who invited the president to hunt in the state and who himself was a member of the hunting party until business required his returning to New Orleans several days ago. The telegram to Mr. Parker was slgned by Mr. Leo Shields, another member of the party, and read as fol- lows: “President Roosevelt killed a great big bear. Went into thicket after him.” No particulars were stated in the telegram. Two days ago several trails were struck, but only once did the dogs come upon the bears and then it became necessary for a negro hunter in the party to kill the bear imme- diately in order to save the dogs. TROLLEY CARS COLLIDE. Four Persons Killed and at Least Thirty Injured. Chattanooga, Tenn., Oct. 19.—Four persons were Kkilled, ten are in the hospital and more than a score were more or less injured in a headon col- lision of two Sherman Height street cars on Harrison avenue near the city limits. Confusion of signals is said to have been the cause of the accident. Both cars were running at a rapid rate into a dip In the track when the crash came. The incoming car was heavily loaded with persons on their way to work in the city and most of those killed and injured were on this car. Both motormen were killed instantly. The dead are Motorman Ed Parker, Motorman Will Pennington, Wili L. Smith, a meat dealer, and an uniden- tified negro. J. K. Grace, Payne, Mich., had both legs mashed and amputated. He will probably die. The collision heavy fog. FORTUNE IN AN OLD STOVE Depository for $7,000 Bought by Junk Dealer for Fifty Cents. Chicago, Oct. 19.—An old stove' &s a treasury depository proved a wind- fall for Leo V. Bloom, a peddler and junk dealer. Bloom acknowleidged to C. T. Joknson, a stove dealer, that he found $7,000 in $500 bills in the Uning of an oi1 gas stove bought from John- son as junk. Last Tuesday Johnson received a letter from A. Bennet, who said his mother had three months ago secreted $10,000 in an old stove which had been given or sold to Johnson at the time. Johnson recalled the circumstance, but the stove was so old he had re- fused to take it. The stove was given to Theodore H. Myer, who afterward turned the stove over to Johnson to sell for junk. Bloom bought it for 50 cents and says he will fight to keep the contents. KIRTH CAROLINA COLLISION Three Persons Killed and Thirty-seven Injured. ‘Washington, Oct. 19.—Three per- sons were killed and thirty-seven more or less injured, one of them probably fatally, is the result of the collision at Rudd, N. C, between a Sonthern Railway passenger train and a freight train which was standing on the sid- ing there. Southern Railway officials report that one of the injured may die and that the front brakeman on the freight train, whom the officials be- lieve caused the accident by leaving the switch open, has disappeared. The killed are: J. A. Broady of Spelcer, N. C, fireman on freight train; Mrs. J. P. Thomas, Danville, Va., wife of a freight conductor, and D. Allen Bry- ant, Richmond, Va., representative of a paper box company, occurred during a Establish a New Record. St. Louis, Oct. 19.—It was an- ‘nounced at the Aero club of St. Louis that Aeronauts McCoy and Chandler had won the Lahm cup for long dis- tance flight, having, when they passed over Gallipolis, O., beaten the record of 402 miles established by Lieutenant Lobhm last year as the interuational contest record. - ENDS LIFE BY POISON. Yukon Officlal Accused of Robbing Registered Mail. Vancouver, B. C., Oct. 19.—George Kincaid, head foreman of the public works department in Yukon territory, was arrested at Dawson recently on a charge of stealing $40,000 from a registered mail sack. Thursday Kin- caid died suddenly as the result of taking poison. Richard L. Hall, a former restaurant proprietor of Daw- son, is under arrest on a charge sim- flar to that on which Kincaid was held. Hall is confined in the barracks at Dawson. Royalty to Visit Canada. Ottawa, Ont, Oct. 19.—Governor General Grey has unofficially an- nounced that members of the royal family will visit Canada in connec- tion with the centenary of the landing of Champlain. Whether it will be the king and queen or the Prince and Princess of Wales he did not disclose, but the impression created in the minds of those Who heard his remarks 18 that it will be the king and queen. o —c— | but was overcome when pressure de- LOWEST SINCE 1893 Precipitate Decline in Prices on New York Stock Exchange. BANK CONDITIONS BLAMED Investigation by Clearinghouse Com.| mittee ‘and Rumors Regarding the Possible Outcome the Principal Dls‘ turbing Factor on the Market, | New York, Oct. 19.—Precipitate de. clines to the lowest prices of the year in the stock market followed a meet- ing of the clearinghouse committee, sentiment on the stock exchange be- ing disturbed by rumors as to the proceedings of the committee. State-! ments were made by several of those | who participated in the conference to the effect that except for possible changes in the personnel of the man- agement of other banks than the Mer- cantile National the situation was sat- Isfactory. better tone than had been expected and held rather well until after the FRIEND TG FRIEND. The personal recommendations of peo- ple who have been cured of coughs and colds by Chamberlain's Cougli Remedy have done more than all else to make it a staple article of trade an1 commerce over & large part of the civilized world. Barker’s Drug Stere The stock market opened with agw A N I S clearinghouse meeting, when rumofsgoNE CENT A WORD. as to the discussion at that meeting became a disturbing factor. Under this influence prices began to drop very rapidly and it seemed that there | HELP WANTF was little or no buying power in the| WANTED FOR U. S. ARMY: Able- market. At first the metal stocks suffered more sharply, but a little later the raflroads, especially Union | Pacific, Reading and St. Paul fell| away on heavy selling to the lowest prices of the year. In some instances the quotations for stocks were the lowest since 1893, | The clearinghouse committee later | demanded the resignation of every director of the Mercantile National bank as a condition of the clearing-| house coming to the assistance of that bank. The resignations were im- | mediately signed and delivered to the president of the clearinghouse, Probably the weakest of the metal | shares was American Smelting and | Refining, which sold $8 a share lower than the previous night's close on ex- tremely heavy selling. It was esti- mated that one broker, who makes a bodied unmarried men, between ages of 21 and 35; citizens of United States, of good character and temperate habits, who can speak, read, and write English. . For information apply to Recruit- ing Officer, Miles Block, Bemidji, Minn. WANTED: Competent girl for gen- eral housework. Good wages. Inquire 509 Bemidji Ave. WANTED: Porter, chambermaid, diningroom girl and bell hop. Hotel Brinkman. WANTED: A girl to work at the Del Marca Cigar Factory. Apply at the factory. specialty of trading in this stock, sold | WANTED: Laundry girl, chamber- at least 50,000 shares of it before 2| p. m. and it was rumored on the ex- change that a considerable portion of | this represented stock that had been held us cellateral on loans. MARKET EXTREMELY WEAK Slump in Prices Affects Securities’ Generally. New York, Oct. 19.—The early stock market showed some remaining traces of nervousness in the reflection of the embarrassment centering around the | United Copper stocks. The steps ! taken toward correction of the affairs } FOR SALE: involved were a source of relief and the announcement that the clearing- house committee found the Mercan- tile National bank solvent and was prepared to protect it was regarded with satistaction. Prices of stocks started upward at the outset, but sell. | Ing of Amalgamated Copper after an | initial advance checked the rise. The price of Amalgamated Copper fell to 48, compared with 493 at the close of the previous day. One account of 18,000 shares of United Copper was sold out on the curb during the early hours in six blocks of 3,000 shares each at $12 per share. Two thousand shares of pre ferred, transferred at the sawe time, brought $25 per share. On the stock exchange there was intermittent liquidation of the copper stocks and the influence of this was resisted by the general list for a time, veloped against Union Pacific. and Reading. There was a sharp break all around about noon which carried down American Smelting 73, to 63%; Amalgamated Copper 3%, National Lead 4%, Union Pacific 3% and Read- ing, Northern Pacific, Great Northern preferred, Canadian Pacific, Illinois Central, Anaconda, Railway Steel Spring preferred, American Smelting preferred and American Sugar 2 to 2%. The market became extremely weak just before noon and in a short time the decline became precipitate, Under heavy selling orders Union Pacific sold down to 115%, American Smelt- ing to 6314, Amalgamated Copper to 46 and St. Paul to 112!4. These are all new low records for the year. Another crash in prices carried Smelting down 934, the preferred 5%, Union Pacific 5%, Amalgamated Copper 4%, Reading 43, Sugar 4, Southern Pacific 3%, Atlantic Coast line and St. Paul, Northern Pacific, Illinois Central, Missouri Pacific and" Gas 2% to 2%. The market steadied abruptly shortly after 1 o’clock, when conditions seemed to be bhecoming panicky and sentiment was relieved. At 1:15 p. m. Union Pacific sold at 1183%, a loss of 5% points for the day. Reading sold at 8434, a loss of 8% for the day. The sharp weakness in the metal stocks was exemplified in a sale of Guggenheim Exploration on the curb et $120. This is $60 per share lower than the last preceding sale. Ultimate Good WIill Resuit. Queenstown, Oct. 19.—Andrew Car- negle, in an interview on board the White Star line steamer Baltic, on which he is a passenger bound for New York, said the financial uneasi- ness in America was likely to last for some time and probably would extend to England, but ultimately would be productive of good. Stationary Waltzing. “You let him hug you in the con- servatory.” “I did not. I made him remove his arm every time the mausic in the ball. room stopped.” — Loaisville Courier- Journal. A Comparison. Mrs. Johnston (over the tub)—Doan Ah mek yo' a good livin’, Henry Clay Johnston? Mr. Johnston—Tol’ble, chile —tol'ble. But yo' sh’d have seen de | FOUND: maid and dining-room girl. Mrs. Brinkman. WANTED: Three carpenters. In- | quire of Theo. Co. Hamm Brewing FOR SALE. FOR SALE—Rubber stamps. The Pioneer will procure any kind of a rubber stamp for you an short notice. Ice house, adjoining Anheuser Busch warehouse. Apply to H. A. Miles. {FOR SALE—Magnificent moose head mounted; will be sold cheap. Inquire at this office. | LOST and FOUND | LOST—Gold locket with lion’s head on one side and monogram on other. Leave at this office for reward. FOUND—Society emblem pin. quire at this office. Yale key. Pioneer office. In- Inquire at FOR RENT. FOR RENT: One furnished room. Inquire of Mrs. E. H. Cornwall, 1121 Bemidji Ave. MISCELLANEOUS. PUBLIC LIBRARY—Open Tues- days, Thursdays and Saturdays, 2:30to6 p. m., and Saturday evening 7:30 to 9 p. m. also. Library in basement of Court House. Mrs. E. R. Ryan, librar- ian. WANTED—Room with board in private family, by man and wife. Address H. A. Bliler, at Reed’s studio. Want Ads FOR RENTING A PROPERTY, SELL- ING A BUSINESS OR OBTAINING HELP ARE BEST. Pioneer ‘way mah mothah suppohted mah fa- thah!—Puck., %