31 Dec 1898
Page 1
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Newspaper
Bessemer Herald
Location
Bessemer, Michigan, United States of America
Date
Dec 31, 1898
Page
1
Miss Celia Touhey spends holidays at home while many residents, including Henry Ward, Mollie Harrington, Nellie and Alice Shingler, and Ambrose Touhey, return home for Christmas. A storm ruins a dance and a railway engine derailment delays travel with no injuries. Local incidents include a forged $30 check, a poetry book reception by Kathleen Nicholson, and staff changes at mines and a rib lake newspaper.
The iron trade ends December with activity strongest in foundry irons. buyers anticipate a brighter 1899, though producers urge market conservatism to avoid shortages or price spikes. Raw material costs rise modestly with Lake Superior ore talks, while furnace stocks drop sharply. Bessemer iron output is set to grow in early 1899, boosting steel works prospects. plate prices firm to higher and wire products show strength as mills run near full capacity.
The anniversary of the present agreement dated December 28 1897 is expected to push prices higher. Buyers act on this presumption while finished lines gain momentum and raw materials see an uplift. Bars remain low though mills are busy, and fear of export-restricting price rises is widespread. Foreign rail business is robust with large scale offers and steady shipments on old contracts.
The piece contemplates 1899 arrival, noting wartime toll and national progress. It praises fiscal stability and military strength, urges continuity of policies, and foresees prosperity. It calls new officials to adopt economical, methodical governance and adopt improved practices aligned with present conditions.
County officers who now retire will hand over records in good condition. The county board and current officers have introduced improvements that simplified operations and reduced expenses, pleasing the public.
President McKinley received the peace treaty from Judge Day and the American commission in a formal blue room ceremony. The president praised the commissioners for resolving difficult questions and delivering a document expected to advance peace and national prestige. The report also notes busy holiday trade in Marquette and the death by suicide of former postmaster Leroy W. Midlam in Utica.
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