Mo? \<fcNi
Bum luoN/CIRts
HIS year's big and record
yield oi' wheat, corn and oth
er staples has been heralded
tar and wide. Hut there is
another harvest that has
been growing and ripening all unno
ticed by government statisticians and
by everybody else, and that is the
bumper crop of new millionaires and
multi-millionaires. Never before were
there so many in New York as there
ar» to-day. Millionaires were made in
a night by the great wave of consoli
dation and the merging of hundreds
of industrial enterprises that was the (
feature of the opening years of the
twentieth century, just after the close
of the Spanish-American war. There
were steel kings, steamship kings,
pump kings, kings of car springs and
of air brakes and of all sorts of
things. They blossomed forth between V
the sunset of one day and the dawn K
of the next. The select circle of pin- I
tocracy widened so swiftly that it
broke all harriers and created a new
aristocracy of wealth in America.
New York was invaded by a hprde of
westerners whose manners in some
cases shocked even the imperturbable
servitors at the expensive hotels
where they monopolized the royal
suites. Pittsburg, from being simply
a great mill town, a city of grimy
workmen, jumped into world-wide
prominence because it was discovered
suddenly that it had more millionaires
to the square inch than any other
spot on earth. In New York all sorts
of people achieved fortunes, paper or
actual, almost before they were
aware: jockeys, waiters, bartenders
and other humble folk glanced with
amaz# at the balances with their
brokers and began making plans for
yachts and country houses. The his
tory of this period was one of the
wonders of America.
Then, two years ago, the panic
TO,
m
Z>cxasa
<poA3 yjS-J^S
came anu pui a uauipeuer on me
financial hopes and aspirations of those who had
survived the various ills that followed in the wake
of industrial over-expansion. But since the panic
clouds have cleared away there has come another
and even more wonderful appreciation in values,
the most remarkable advance in the prices of all
commodities and securities that this country has
ever known. Probably more millionaires have been
made in the last 12 months by the steadily rising
tide of tremendous prosperity than history ever
has recorded in a similar period of time. The
number of those who have grown rich quickly is
greater, probably than it was in the time of mer
ger and consolidation, nearly a decade ago. Be
fore the panic of 1907 there were, perhaps, 3,000
millionaires in New York. Now there are any
where between 5,000 and 10,000.
t The advances in the value of securities in the
last two years have been almost incredible. There
probably are more than 100,000 persons who are
stockholders of United States Steel. In October,
1907, Steel Common was 21 Ts; in February, 1909,
it was 41 Vi: this October it has been well above
90. The shares ol the Pennsylvania railroad are
more widely distributed than any other transpor
tation line, more than 00,000 people being listed
on its books of shareholders. Two years ago it
was 103; lately it has been above 150. Union Pa
cific is next to Pennsylvania in the length of its
’stockholders' list. It is not only one of the most
popular investment securities, but also one that Is
speculated in most largely. Union Pacific com
mon was 100 in 1907; this year it has been above
21|, an increase of more than 100 per cent. New
.York Central. Southern Pacific, Baltimore & Ohio,
'Atlantic Coast Line, Illinois Central, Great Nor
thern, Standard Oil—practically all the stocks In
the long list of railways and industrials have ad
vanced from 50 to 100 or more per cent, in value
since October. 1907.
Thousands of people who are not speculators
and who are intolerant of speculation have profit
ed enormously by this wonderful rise in prices.
They are the ones who bought for investment
when the prices were low and who are now reap
ing the harvest. During the panic enormous
blocks of gilt-edge shares were thrown on the
markets when great speculators like Heinze and
Morse, and some others who were not so spectac
ular or daring, had to sacrifice anything and ev
erything for ready money. Their holdings now are
scattered throughout the country and have been
tucked away in tens of thousands of safes and
Htrong boxes.
While some of the new millionaires come from
the ranks of those who were bargain hunters in
the days of panic, most of the new plutocrats are
from the army of speculators.
There are so many of these new millionaires
that it would be impossible to list them all indi
virtually with any degree of accuracy. Compara
tively few of the old band of millionaires have
failed to add materially to their fortunes since the
panic. There are some, it is true, who were more
or less disabled in those days, aud the period that
predeced them who have not succeeded in win
ning back their lost money and prestige; some
who were in the ill-fated trust companies, others
of the insurance crowd, and so on. But those
who held on and were able to weather the storms
have been lilted up aud now are richer than ever.
Not only that, but a large number of new groups
of great financial strength has been developed.
There is the Hawley group, for instance, which
has made millions and millions in the rise in val
ues of railway shares. Edwin Hawley, the head
of this coterie, was not a big Wall street figure
until wifliin the last year or so, but of late he has
added immeasurably to his wealth and to his pcfw
er as a transportation king.
Among those of his friends who have climbed
into the chariot of the plutocrats is Frank A. Van
derlip, the president of the National City bank.
He is reputed to have made more than a million
out of Chesapeake & Ohio and Union Pacific.
When he was assistant secretary of the treasury
a few years ago Vanderlip was a man of very
moderate means and lived in a modest little flat
in Washington. After he came to New York his
wealth increased somewhat, but only since the
first of this year has he entered the millionaire
class.
Another of ihe Hawley group who is one of the
new crop of multi-millionaires is a banker named
Scott, who piled up a small fortune, dollar by dol
lar, in Richmond, Va, and who has increased it
many fold of late in Wall street. Still another of
the same group is Robert Fleming. He was not a
poor inan when the rise in stocks began, but he Is
said to be a very rich one now. Then there Is a
new crop of Union Pacific millionaires, Southern
Pacific millionaires, Wabash, Rock Island and
many other groups of new millionaires who have
become wealthy by the tremendous upturn of the
shares they were interested in. Some of these
men were millionaires before the beginning of this
year; these have now moved up to the multi
millionaire class.
There are quite as many who have won for
tunes in the field -of industrial stocks, especially in
United States Steel common. One of these—more
than a millionaire when he began buying Steel—
is Frank A. Munsey, the publisher. He is said to
have started his Steel purchases two years ago,
when the stock was Around 22, and to have accu
mulated a total of 100,000 shares at very low
prices. His winnings are estimated at more than
$5,000,000. 1
These instances, taken at random, give an indi
cation of the thousands of fortunes that hare
sprung up lately through the up
ward sweep of prices in \\ ali
street. Great corporations, like the
fire and the life insurance com
panies, have also profited stupen
dously. These tremendous reser
voirs of money own huge blocks of
shares in scores of railway and in
dustrial companies—lots of from
10,000 shares to almost a control
ling interest. The most of these
are sober, gilt-edged, dividend-pay
ing stocks that have not been spec
tacular in their advance in price as
compared with some of those that
have gone up like skyrockets. 5 et
even these high-priced shares have
been enhanced in value from 20 to
50 per cent, in the last 12 months.
They were bought at panic prices,
so the published records of these
companies show, and these institu
tions now are said to he selling
them off. cautiously and carefully
at thp fancy figures that have been
prevailing of late. Unlike the in
dividual investor, they believe in
cashing in their winnings and salt
ing them down until there is an
other chance to buy cheap.
In the commodities there are new
groups of millionaires and multi
millionaires also. Some of these
have ivou their wealth in wheat,
..V,, .... in l.nt mnet of <}lO m in
cotton There are more new cotton kings and
princes to day than ever before. Practically all of
these are southerners., who have hud an expert
knowledge-of this staple. Most of them have been
cotton planters themselves on a large scale, and all
their lives they have been studying cotton, its
growth and its ever-widening markets.
Almost every day there have been rumors fly
ing about as to what Patten was doing in cotton.
But curiously enough there has been never a word
said about the real bull leader in the cotton mar
ket, the man who has been the biggest speculator
in this staple, and who recently has jumped into
the multi-millionaire class, Eugene G. Scales of
Dallas. Tex. Scales is the most towering bull,
probabiy, that the cotton market ever has known.
Patten is a piker beside him. Even the celebrated
Mr. Sully in his oalmiest days never operated on
such a huge basis as Scales has been in the last
eight months.
This new and mighty multi-millionaire in the cot
ton market has steadfastly kept himself in the
background. He is no amateur speculator, how
ever, for five years ago he was in one of the Sully
campaigns and retired from the fight w-ith several
large dents in his financial armor. But. now he
has won back all his losses and a lot more.
Some; among the many others who "know cotton
and have won big fortunes through its rise in price
are Fergus Reid of Norfolk. Va.; Morris H. Roth
schild of VVoodvllle, Miss.; William P. Brown of
New Orleans and Louis S. Berg of Mississippi.
Berg had charge of the Chaimette terminals at
New Orleans not long ago and was a hard-working
railorad man. A little later he pieced together a
lot of small Mississippi railroads and combined
them into an effective and profitable system. Then,
with a modest fortune, he cache to New York, and
since then has been making money out of cotton.
And so the list runs on. Hardly a name among
the thousands of new millionaires Is familiar to
New Yorkers. They are practically unknown out
side of the small communities they came from in
the west and south. They live in the costliest suites
in the most expensive New York hotels. Next
summer, if they have no setback they will begin
leasing or buying palaces at Newport, Bar Har
bor or other places where the socially elect are
supposed to live. Then they will begin trying to
break through the imaginary inclosure with which
"society" surrounds itself. There are so many of
these new millionaires that perhaps like the incur
sion of a new race they will overwhelm and con
quer the relatively small group of people who have
been priding themselves on having their wealth for
a decade or more. At any rate, the names of most
of these new millionaires probably will be read for
the first time in print in the next year's books of
social registry, which form the nearest approach to
the directory of the peerage that the plutocracy of
America knows.
SURELY HERE IS THE LIMIT
Undecipherable Handwriting a Minor
Thing, According to This
Story.
From Horace Geeley's time great
men have been noted for their poor
chirography, and in this connection
Joaquin Miller, the '‘poet of the Sier
ra," is no exception. But the best
story regarding the versifier's hand
writing that I have heard came re
cently from the secretary of a well
known local club. It seems that the
club desired to have the poet address
the organization at an annual affair
at which an elaborate program had
been prepared. The secretry ad
dressed a letter to Joaquin telling
him of the purpose of the jinks and
requesting bis co-operation. He was
scheduled for a recitation.
In due time, there came an answer
from the poet. It was in his own
hand and covered four pages. In vain
the secretary pored over the manu
script. He turned it over to the pres
ident, the board of directors a$d the
members in turn, but all failed to de
cipher the scrawls. The question be
fore the club was, “Has Miller ac
cepted or has he declined?”
The secretary finally took tin; mat
ter into his own hands and addressed
the following note to Miller:
“My dear Mr. Miller: Your letter
I received, but I have been unable to
determine whether you have accepted
or declined our invitation. If you will
be present on the date mentioned, will
you kindly make & cross on the bot
tom of this letter? If it will be impos
sible for you to appear, will you
kindly draw a circle?”
In due time the letter came back,
but the secretary could not decide
whether it was a cross or a circle.—
San Francisco Call.
Greek State Monopolies.
Elalt, petroleum, matches, playing
cards arg gtatg monopolies ip Qkop*
CONCRETE HOUSE FOR
SHELTERING AND FEEDING
One of the Most Useful Applications of Cement Is Seen in
the Erection of Farm Buildings—By
H. S. Chamberlain.
Oue of the most useful applications i
of Portland cement in farm economy
is seen in the construction of build
ings for the sheltering and feeding of i
swine. It was the good fortune of the '
writer several summers ago to aid in
the planning and construction of such 1
a structure on the farm of P. F.
Stoner in Stark county, O. As con
crete played an important part in the
erection of this building, it may pos
sibly be of interest to know how tihs
particular hog house was built.
The ground plan dimensions are 16
x20 feet. The foundations are made
of two layers or tiers of heavy build
ing tile set on top of finely crushed
stones, filling a trench about 2.5 feet
deep. This depth of foundation prac
tically prevents any upheaval from
frost in the winter, writes H. S. Cham
berlain in Farmer's Review. The
space between these foundation walls
was filled up. even with the top of
the first tier of the wall tiles, with cob
ble stones picked up in the fields.
convenient feature of the concrete
portion of this liog building is tlie con
crete feeding trough which is an in
tegral part of the floor. Four feet
from the front wall is this concrete
trough. A temporary mold was con
structed from inch boards. Only the
outside form was used in making the
trough; the interior was shaped by
means of,trowel and finishing tools
without the aid of retaining walls.
The inside and outside of the trough
is coated with a J and 1 mixture of
cement and sand to render it imper
vious to water and thus bar leakage
of fluids poured into it.
The frame work of this building for
swine is made of 6x6 inch sills with
4x4 inch corner uprights 10 feet high.
The rest of the framework is tilled in
with 2x4 inch studding and rafters of
the same size timber. The material
used in the frame is oak and maple.
The siding is pine laid on in ship lap.
In the interior are two wooden par
titions dividing the floor space into
three parts for convenience in feed
A Convenient Hog House.
These stones were tamped into place,
by means of a heavy block of wood,
in preparation for the application of
the first layer of concrete. The con
crete mixture comprised one part of
cement, two parts sand and three
parts gravel well incorporated by first
mixing in the dry state and after
wards thoroughly remixing with the
right amount of water to make it
spread well in laying the floor. In or
der to insure proper drainage to the
floor, the concrete was laid six inches
dee]) at the front to a depth of four
inches at the rear, thus making a
slope of two inches to the floor in a
distance of 1G feet. On the top of this ;
first layer of concrete was placed a
half inch surfacing of a 1 and 1 mix
ing of cement and coarse sand.
However, the most, interesting and
iag and rearing pigs of different ages.
At the front portion of the interior
is a four-foot wide gangway from
which the animals are fed. Jus!
above the trough are suspended two
gates from the joists overhead. These
are arranged so as to swing forward
and back over the trough to facili
tate feeding. When the pigs are to
be fed the gates are freed by means
of a latch and are swung inward, thus
placing tiie trough in the entry so
that it may be cleaned out and the
food placed in it without loss of tem
per and patience on the part of the
farmer. When the feed is put into
the retainer, the gafe is swung back
towards the entry room and the hun
gry animals then have a chance to
get in place by a vertically acting
slide bolt.
WHERE OX TEAM STILL COMMON
£
• v
The use of 'oxen in logging opera
tions in the great forests of pine and
hardwoods in Arkansas and other
parts of the south is almost as com
mon to-day as in the earlier period of
the lumber industry before the intro
duction of tram roads and modern
machinery for skidding and loading
the cut timber.
Some of the larger lumber manufac
turing concerns in Arkansas have
three or four hundred head of oxen
constantly employed in handling the
logs from the interior of the forests
to the loading places. It is found that
these patient animals are much more
serviceable than mules or horses for
this particular purpose. What they
lack in quickness of movement they
more than make up in other respects
Another advantage in using oxen in
logging operations is that in the for
est regions of the south the natives
are used to handling them and prefer
them to horses or mules. The ani
mals require little care and attention.
They will stand an enormous amount
of hard work, and, by doubling teams,
great loads of logs may be hauled up
on a wagon.
The ox drivers in the Arkansas for
ests are typical natives who possess
many interesting characteristics, in
most cases they are young men. It is
said that a good ox driver ha.s the
making of a good logging man. It is
the first step in an industry that re
quires the exercise of much skill and
courage.
TURTLE FARM
IS PROFITABLE
Acres of Ponds Devoted to tills
Industry In Japan—Separate
Places for Young.
The place occupied among gastro
nomieal delicacies by the diamond
backed terrapin in America ana by
the green turtle in England is taken
by the "suppon.” or the snapping
turtle, in Japan. The three are equally
esteemed and equally high-priced, but
the Japanese epicure has this advan
tage over his brothers of other lands
—he has no longer any fear of having
the supply of the luscious reptiles ex
hausted. This desirable condition is
owing to the successful efforts of a
Mr. H&ttori, who has spared no pains
to bring his turtle farm to a high
i pitch of perfection and is able to turn
out tens of thousands of these reptiles
overy year. His are, so far, the only
urtle farms in the world which are
highly successful.
In general appearance a turtle farm
is, at a first glance, nothing but a
number of rectangular ponds, large
and small, the large ones having a
size of 15,000 to 20,000 square feet.
One or more of the ponds is always
reserved for large breeding individu
als or '‘parents,” as they are called.
In Hattori’s farm a person goes
around the “parents' pond” once a day
or so and covers up with wire baskets
all the new deposits made since the
last visit. Each basket may be marked
with a date if necessary. This cover
ing serves a two-fold purpose—the ob
vious one of marking the place and in
addition that of keeping other females
from digging in the same spot. When
hundreds, or even thousands, of these
baskets are seen along the bank of
the “parents' pond” it is a sight to
gladden the heart of an embryologist,
to say nothing of that of the proprie
tor.
How to Lose Some Fun.
“The girl who marries the first fel
low she falls in love with,” replied
the observer of events and things,
"misses a whole lot of fun.”
Eating for Strength.
The greatest pleasure to be de
rived from eating is the pleasure one
gets in the knowledge that his food is
giving him greater strength and vi
tality.
Because of this fact there is a con
stant increase in the consumption of
Quaker Oats; every time the strength
making qualities of Quaker Oats have
i been tested by scientific investigation
j or by experiments in families it has
i been found to be a food without an
I equal.
| It builds the muscles and brain with
! out taxing the digestive organs: it
| costs so little anyone can afford it.
j and it is so carefully prepared and
] packed that it is absolutely pure and
clean. A Quaker Oats eating family
| is always a healthy family. 11
Quaker Oats is packed in regular
size packages and also in large size
family packages. The latter very con
venient for those not near the store.
HER COMPLAINT.
l_—:_y
"Only think. Mrs. Ulivons! Every
time I hear a scandal, and run post
haste over to share the latest news
with that Mrs. Spitzenfest, 1 find she
knows every detail already—the
shameless thing!"
A NURSE'S EXPERIENCE.
Backache, Pains in the Kidneys, Bloat
ing, Etc., Overcome.
A nurse is expected to know what
to do for common ailments, and worn
cu n m/ ktviuui uav tv
ache, constant lan
guor, and other com
mon symptoms of
kidney complaint,
should be grateful to
Mrs. Minnie Turner,
of E. B. St., Ana
darko, Okla., for
- - pointing out tue way
to find quick relief. Mrs. Turner used
Doan's Kidney Pills for a run-down con
dition, backache, pains in the sides and
kidneys, bloated limbs, etc. ' The way
they have built me up is simply mar
velous,” says Mrs. Turner, who is a
nurse. “My health improved rapidly.
Five boxes did so much for me 1 am
telling everybody about it.”
Remember the name—Doan's. Sold
by all dealers. .10 cents a box. Foster
Milbnrn Co., Buffalo, N. Y.
Strictly Neutral.
Among the humorous ami human
stories in Dr. T. L. Pennell's recent
book, "Among the Wild Tribes of the
Afghan Frontier,” is one of a British
officer in the Kurram valley who inter
rogated an Afridi with regard to what
was then considered a probable con
flict.
"Now tell me,” said the officer, "if
there were to be war—which Cod for
bid—between Russia and England,
what part would you and your people
take? Whom would you side with.’"
"Do you wish me to tell you what
would please you or to tell you the
real truth?" was the naive reply.
“I adjure you to tell me what is the
'white word.’ ”
“Then,” said the old gravbeard, "we
would just sit up here on our moun
tain tops watching you both fight, un
til we saw one or the other defeated.
Then we would come down and loot
the vanquished till the last mule! God
is great! What a time that would be
for us!”
Btatd or Ohio Citt or Tot*do. I
Lucas Countt. \ ”■
Frank J. Chenry makes oath that he ft motor
partner of the firm of F. J. Cuekbt & Co., doin*
business in the City of Toledo. County and Stab*
aforesaid, and that said Arm will pay Vie mun of
ONE HUNDRED DOLLARS for each and every
case of Catarrh that cannot be cured by Utn use of
Hall 3 Catarrh Cl’re.
FRANK J. CHENEY.
Sworn to before me and subscribed In uiy presence,
this 6th day of December. A. D.. 1886.
A. W. GLRASO.N*.
Notary Pubuc.
Hall's Catarrh Cure is taken internally and sets
directly upon the blood and mucous surfaaa of the
system. Send for testimonials, free.
F. J. CHENEY A CO., Toledo. O
Sold by all DrurKinta. 75c.
Take Hail s Family Plhs lor eonBtlnatlou.
Good Work Goes On.
During the year that has passed
since the international congress on tu
berculosis met at Washington, one in
stitution or organization for the treat
ment or prevention of tuberculosis has
been established every day, Sundays
and holidays included, according to u
bulletin of the National Association
for the Study and Prevention of Tu
berculosis. Fifteen new beds iu hos
pitals or sanitoria have been provided
also for every day of the year.
Christmas Post Cards Free.
Send 2c stamp for five samples of
our very best Goid and Silk Finish
Christmas, Flower and Motto Post
Cards; beautiful colors and loveliest
designs. Art Post Card Club, TfUi
Jackson St„ Topeka, Kan.
Her ODsensation.
“Dove,” remarked the romantic
young man, “is said to brighten the
eye.”
“I don't know about thaD” rejoined
the practical maid, “but, it has a ten
dency to disarrange one’s hair.'’
Pettit’s Eye Salve for 26c.
Relieves tired, congested, inflamed ami
sore eyes, quickly stops eye aches. All
druggists or Howard Bros., Buffalo, N. Y.
The grandest time a man has is de
scribing to his wife exactly bow an
election is coming out and the busiest
| explaining why it didn’t.
The danger from slight cuts or wounds
is always blood poisoning. The immedi
ate application of Hamlins Wizard Oil
makes blood poisoning impossible.
The great and good do not die even
In this world, embalmed in books their
spirits walk abroad.—Smiles.
The best preparation for the future
is the present , well seen to, and the
last duty well done.
There are imitations, don’t be fooled
There is no substitute! Tell the dealer you
want Lewis’ Single Binder cigar. 1
Good company and good discourses
are the very sinews of virtue._Uaak
Walton.
