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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 11, 1901
Page
10
County commissioners convert the Tuttle building at Main and Quartz into the new district court division under Judge McClernan. The quarters include chambers and a stenographer, with W. M. Wilson appointed as official stenographer. Leased space runs 150 dollars monthly.
Dr Dodd eye specialist advertises fittings at 48 West Park Street with free examinations and moderate prices. Mrs Sarah McLeod aged 8 years wife of William McLeod died at No South Montana Street. Funeral announcement later.
The article details a heated clash among Union Pacific, Great Northern, Northern Pacific, and Burlington interests led by Morgan and Hill allies. Stock borrowings surged, prices spiked from 113 to 1000, and a near-miss deal risked altering control of key rail combos amid foreign arbitrage and large short positions. An eventual settlement price of 150 for shorts is reported.
Elbert Thomas Jackson and Samuel Jackson trading as Jackson Bros stock brokers signed for creditors. They were members of the Consolidated Exchange. Primary cause cited is customers failing to meet margin calls. Liabilities under 100 dollars. F P Hilton & Co Consolidated Exchange firm suspended business to assess position. He said the house had not failed.
New York closing stock list shows mixed results with Railroad, Utility and Industrial shares trading unevenly. Key names include Baltimore & Ohio, Canadian Pacific, Illinois Central, Pennsylvania, Union Pacific, Wells Fargo and American Express among others as prices drifted and ex-dividend statuses noted for several issues.
The Commercial Advertiser reports a quiet London market with no business on the day. Mining contangues remain heavy while American accounts await Monday's settlement. Prices are subdued though optimism persists for creditworthy holders.
A Chicago man purchased 300 shares in New York trading, details incomplete. The item notes a brokerage or transfer event with no further context or names provided.
Northern Pacific common, sold yesterday at 1000 dollars a share, was said to have been bought by a Chicago broker for a prominent operator there. A Boston broker, Morris A Peters, has assigned in Boston on May 10, adding to the developing case of stock transactions tied to notable financiers.
Special Dispatch reports Montana Central railway workers plan to call out repair machinists at Havre and Clancy, expecting engines to go unrepairable within 48 hours. Havre shows seven machinists, Clancy two. Butte workers joined the action. Masters and officials deny knowledge as development with an answer pending.
A Great Falls sportsman says the season of racing may be declared off due to the gambling question. It is believed the meet cannot pay expenses without bookmaking and betting. Mr Laurence from Helena is expected tonight to help decide the matter.
A Journal special from Lead reports a boiler explosion at the Highland hoist operated by Homestake Mining company. The engineer was killed and two helpers seriously injured. The incident will cripple Homestake until the hoist and saw mill are repaired.
Great Falls May 10 The Young Men's Democratic club near completion of plans for a sparring exhibition at the opera house May 18 pitting Jack Wade of Great Falls against Kid Oglesby of Helena Oglesby arrived from Helena yesterday and has accepted on his terms London May 10 Rear Admiral Schley arrived in London en route to the United States accompanied by Lieutenant J Sears he will dine with Ambassador Choate and stay about 10 days before sailing for New York
Berlin May 10. The new Prussian minister will travel to Urville for a formal presentation to Emperor William. The emperor will return to Berlin on May and proceed directly to Potsdam.
Mustered out at the Presidio this morning the 2th Infantry United States Volunteer unit in San Francisco.
Greenland remains under Danish control with state monopoly on trade. Foreigners need government permission to enter. only government ships sail Greenland waters. Prices are fixed by administration to protect natives. spirits are barred. Greenland Company ships, totaling about 2,009 tons, operate exchanges with Denmark with limited voyages. The Whale brig is nearly a century old.
The Times-Democrat quotes a local restaurant proprietor who says skilled carnival waiters arrive for the carnival season. About 200 came this year, with many leaving early after a run of bad luck, creating a potential shortage during Mardi Gras week. He notes they are nomads who work in fashionable venues in New York and other cities, not in rough houses.
The passage notes waiters’ independence and demand in New Orleans during carnival season. It explains no formal guilds exist, managers hire capable staff ahead of time, and earnings vary with luck and reliability. A skilled, diligent waiter may top about $2.50 daily, with top tips and fortunes fluctuating.
A humorous exchange unfolds as a newsboy offers one penny, a customer pays three pence and rebukes with a soap joke. The boy returns the change, keeping the extra two pence, and suggests buying etiquette guidance with the amount.
A Detroit Journal quip mocks high medical charges noting doctors fees are often stigmatized as robbery and suggesting a gentler term for the practice.
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