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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Dec 07, 1907
Page
5
Council Bluffs Iowa reports a major warehouse fire at David Bradley & Co. wholesale implement dealers. Fire origin unknown and losses estimated at 225,090 with 149,099 insured. David Precision Co. had run a long established local business for twenty five years as one of the area's largest.
The review notes gains mainly in financial matters with easier call money and fewer currency premiums after a sudden rise. Bond and stock prices rise and some banks engage in window dressing. General trade remains quiet, with mixed signs in industry and retail activity, despite some renewed orders and seasonal demand. Two large interior banks were forced to suspend this week.
President Roosevelt, in an informal exchange at the White House, said he cannot serve beyond his current term. He thanked the American people for their kindness but emphasized that someone else must carry on the work.
In Minneapolis on December 7 two 15 year old schoolboys rescued Ida Christiansen a 21 year old who had jumped into the Mississippi to drown herself. The youths William Mortenson and Engels Home pupils of Monroe school acted in frigid water to avert a tragedy.
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