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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 14, 1901
Page
2
Berlin reports in The Frankfurter Zeitung that after a brief revival last week, mood turned to despondency. Industry shows no sign of permanent improvement as dividends fall in iron, coal shares weaken with cheaper coal in sight, and Atlantic securities lag except for Canadians and Northern Pacific.
The London money market remained fairly easy with discount rates not exceeding 2 percent as settling day passed smoothly due to government dividend disbursements. A Paris gold demand loomed, while Wall Street lift aided a stock exchange rally after a weak start. Canadians and Mexican National gained, Southern Pacific reorganization fuelled optimism, and Anaconda and Rio Tinto edged higher.
The piece notes a sharp rise in tobacco shares linked to a protective pact between the United Tobacco Dealers' Alliance and British wholesale dealers aimed at resisting American trusts. It paints a stagant stock market picture but hints at future optimism yet warns of continued trade crisis, South Africa costs, and grim continental markets as Britain enters a third year of war.
The Agriculture Department notes three leading forecasts for 1901 world wheat output show higher totals than 1900. Hungary, Beerbohm list, and Paris bulletin all report substantial increases, led by gains in the United States, Canada, and India.
General Henry Merriam in his annual report stresses the need for improved drill among incoming recruits and warns against lax drill expectations among older officers. He endorses a cavalry bit change, enlarging revolver calibers, and supplying infantry with a knapsack. Chief Surgeon Kimball notes youths under 20 struggle in active campaigns. Apache prisoners report self support growth but tuberculosis and higher deaths than births.
Major General Otis reports rising desertions and overcrowded guard houses in the department of the lakes. Over 100 prisoners were confined by Aug 7. Central states aid concealment for deserters, but increased rewards have reduced immunity. Officer shortages began easing in August.
In Scranton Pennsylvania another riot flared during the street car strike with a large crowd obstructing the south side tracks. Cars halted as stones were thrown injuring passenger Mrs. Samuel Jones and an Italian trackman. Police dispersed the mob and strikers urged nonviolence in a public letter.
Bishops and deacons across San Francisco and nearby areas fill Episcopal pulpits for the triennial convention. Sermons stress Christian unity with speakers from Trinity, Grace, St. John’s and St. Paul’s churches. Business sessions resume tomorrow with delegates from many dioceses.
A resolution to form a joint commission of three bishops three presbyters and three laymen to study labor aims, investigate causes of disturbances, and act as arbitrators between workers and employers. The commission would report to the general convention and be reap pointed every three years.
Washington reports a liberal naval building policy to be urged at the next session. Congress last session did not authorize new construction, but directed full plans for two battleships and two armored cruisers. Secretary Long argues for adding ships to avoid falling behind in the ideal American navy due to delays from the steel strike.
A Dawson City report records about a thousand trappers and hunters in the upper Yukon fur country. The market center ships roughly 40 000 pelts annually to London and New York. Revenue runs near 130 000 dollars yearly with London quotes guiding prices globally except Russia. Bear beaver otter and mink prices rise over last year.
The article notes a large gap between maximum and minimum fur prices for species like silver gray fox, marten, wolf, and wolverine. Mr. McCook explains this difference stems from fur shade quality and the season in which the animals are trapped.
In San Francisco at the Agnew stock farm Charles Douglass assaulted his wife and 15 year old stepdaughter with a heavy water pitcher and bowl causing serious injuries. He killed himself with a head shot when sheriff arrived to arrest him. Mrs Douglass was previously H J Agnew’s widow who built the sugar fortune and founded the farm.
A massive early morning blaze wiped out Los Gatos business section estimated at four acres. Property losses run from 100000 to 150000 dollars with over a dozen blocks, factories, a livery stable, a church and many homes burned. Several men injured but none seriously.
Victoria notes the Bering Sea fleet news on Oct 15 after the Queen City’s arrival. Sealing schooners Florence M Smith Ameka and Geneva return with mixed totals. two Indian hunters from Geneva are missing under unclear circumstances. Florence M Smith nets 640 skins. other captures listed, with totals for the season. The two missing hunters reportedly boarded a worn American steamer, retrieved whiskey, and disappeared.
A Buffalo minister, George S. Theobald, was killed at Leary when struck by an overland train as he attempted to board after the train accelerated. He suffered severe injuries and died after being taken to a hospital.
Lansing Warren editor and publisher of the Milwaukee Sentinel died today in Milwaukee after a three week illness from typhoid fever. He had 20 years in journalism, previously with the Chicago Inter Ocean and Chicago Daily News and earlier served as managing editor of the Denver Evening Times from 1900 to 1918.
Paris Oct 13 The French vice consul in Neumen European Turkey was attacked by Turkish soldiers. His assailants were arrested and the military commander apologized for the outrage per Balanka dispatches.
Leadville Colorado reports Jesse Sherman a Leadville ranchman fired on boys suspected of poaching on his rabbit preserve. Ed Dorrington died James Considine and Heart King were seriously wounded. Sherman surrendered to authorities and faces murder charges. Considine claimed Sherman had threatened them before the shooting.
Manila reports Gen Malvar may move into Bulacan after leaving Batangas as insurrection gains in Mindoro and Bulacan. Police disarmed in Banana Batangas with officials arrested. Major Braganza to be hanged for ordering 103 executions. San Fernando Pampanga natives angered by a soldier killing amid heavy patrols. Local critique of Weeks remarks on Filipino character and prospects.
Telegram from Fourt Mossman reports a clash between a ranger force and outlaws near Narco in Graham County. One ranger died and another was wounded. the outlaws escaped heading south. Four rangers pursued from Nacho last night to intercept them.
A Hamburg dispatch reports there is no foundation for rumors of bubonic plague cases in Cuxhaven. The Oct 1 message from Hamburg cites official statements to deny the outbreak.
General offices listed for a Bank of Commerce Building located in Minneapolis Minnesota detailing the corporate address and building designation.
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