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Newspaper
Algona Advance
Location
Algona, Iowa, United States of America
Date
Feb 07, 1902
Page
3
The price of a New York Stock Exchange membership has risen to $30,000 excluding fees. Some members who sold seats for large sums amid high expectations later left or planned to repurchase at $20,000. Current quotations value all 1,160 memberships at about $88 million.
A traveler attempting to reenter St. Petersburg found his passport left in his hotel room. Guards refused to fetch it, prompting the man to threaten suicide by the Neva. The sentry firmly rejected the notion, emphasizing that suicide is illegal in Russia.
Washington Post notes lawmakers debate the price of political success with Senator McEnery of Louisiana claiming his race cost 34.90 after buying a rail ticket. The piece also mentions a Manila transport ship carrying coffins and Sarah Bernhardt’s claim fatigue fuels her endurance and nightly routine.
In a Paris paper a notice from M Mmile Zola of Plamboeuf, inventor of spring wrippers, asserts he has no connection to the writer Emile Zola. John Clews, brother of banker Henry Clews, once stamped a 6 cent piece with his son John Crews Jr.’s name and birth date and later found the fake coin among change received after a purchase.
Archduchess Elizabeth relinquishes all claim to the Austrian throne while wedding gifts include securities valued at 1,060,000 dollars, an annual 250,000 dollar allowance, jewelry worth 1,000,000 dollars, a gold dinner service and multiple residences. A New York policeman arrests a beggar near Fifth Avenue for alms to Reginald Vanderbilt as Vanderbilt family contemplates changing residence to Rhode Island to avoid New York taxes.
Des Moines reports a strong railroad lobby in session, led by W W Baldwin and W D Eaton of the Burlington system, pressing for rules on railroad earnings reporting and taxation, while senators introduce a measure tying Iowa haul shares to earnings by class. Cherokee asylum funding advances, divorce bill reforms, and normal school expansion plans also move through committees and chambers.
Des Moines reports a push for railroad taxation reform with a unit rule plan under consideration. Senator Tretly backs vigorous action while Senator Porter and Senator Lewis argue the plan could overvalue Iowa lines by averaging system-wide worth, given Iowa’s higher local assets and miles versus broader western routes.
The Iowa Supreme Court issued several decisions today in Des Moines, including cases against Power City of Port Dodge, Busivelow and others, Breeding v Jordan, Wapetloy stlirmed, and various railroad company matters. Phrase fragments indicate multiple disputes with notable parties and state agencies.
The contract for grading on the Omaha extension of the Chicago Great Western railroad from Harlan to Council Bluffs was awarded to Winston Bros. of Minneapolis. They hold the contract for grading from Carroll to Karlan and will begin work early spring. Grading for the entire Fort Dodge to Omaha line is now awarded.
Des Moines reports on Senator Hubbard's merger bill facing a stiff fight as critics warn it could empower Iowa railroads to acquire outside lines and control major routes. Legal minds discuss potential plans to extend Burlington holdings via joint proprietorship if Northern Securities dissolves.
Early this morning in Clarks Villa Arkansas Bank robbers blew the bank safe with dynamite and escaped with 6000 dollars. Sheriff John Powers was killed while attempting to stop them. Fort Smith reports.
Washington notes from the national capital flag several posts in the Midwest. Alexander Chuclas of Cedar Rapids, former postmaster, is cited with rural free delivery duties in Washington. The Post Office Department authorizes Tyndall South Dakota postmaster to hire clerical help up to 400 dollars per year starting April 1. Thomas W. Evans of Burlington, Iowa, has been appointed a railway mail clerk.
Six men died in last nights blaze at a long burning building in St Louis with eight fires reported on the top floor. Three bodies recovered early this morning as rescue workers continued search for missing crew members amid a collapsing structure and zero visibility.
Washington report on Representative Crumpacker Indiana presenting a resolution to Republican caucus for a full investigation of suffrage restrictions not only in the south but in all states that limit manhood suffrage. He argues disfranchisement affects representation and could reduce southern seats if facts are presented to Congress and the country. The measure seeks a specially appointed committee to study the issue without force.
Washington reports Cuban reciprocity faces a setback if Iowa Nebraska and South Dakota lawmakers decide the outcome. Nebraska delegates favor some relations but want sugar eliminated. The Nebraska Town delegation mostly opposes concessions with Cuba. Rumney supports recognition but not sugar at present rates. Speaker Henderson backs protection for U S industries and will push for protective legislation.
Advices from Caracas report France will not sign Venezuela’s diplomatic protocol unless M Secrestat Jr is allowed to land at La Guayra to protect his father’s interests linked to General Matos. France threatens a duty on Venezuelan cacao if Caracas refuses, a move seen as disastrous for Venezuela.
The Senate Foreign Relations Committee today ordered a favorable report on the treaty with Denmark concerning the Danish West Indies. No amendments were made to the treaty. Washington, February.
In Los Angeles Nevada 6 Al Nell and Mike Donovan fought a four round draw last night ending the bout in a draw with neither boxer claiming victory.
Harold B. Thomas, son of New York millionaire General Samuel Thomas, sues for divorce from Mrs. Thomas amid sensational allegations. He accuses her of infidelity and complicity in his uncle Porter’s death, claims she lured him into a costly marriage in Omaha and Council Bluffs, and seeks reconsideration of inheritance while the couple’s baby’s fate remains unresolved.
Brisbane February 6. Parliament has dissolved and the premier issues an election manifesto voicing Queensland’s dissatisfaction with federation. He criticises the commonwealth government and says it has bitterly disappointed the strongest advocates of the union.
A major blaze in Bloomington Illinois caused about 300000 in losses at the Keeley Institute. The laboratory and adjacent buildings including the Livingstone hotel were destroyed while guests and staff escaped unharmed. The fire began in the Keeley company main building used for heating. The flames spread rapidly to nearby structures.
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