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Newspaper
Inter Mountain Globe
Location
Hulett, Wyoming, United States of America
Date
Jan 10, 1907
Page
10
The year 1906 showed broad prosperity across the United States with record farm yields, mining outputs, building activity, and foreign trade. Prices rose to war-time levels amid ample demand, while episodes of tight money, rail and land speculation, and urban disasters tested momentum. Legislative actions and strikes were tempered by compromise and a generally cautious economy.
The article notes record highs in farm product values and cereal reductions, with cereals and farm goods at peak levels. It cites industrial output gains, especially in iron, and signals stronger business overall with higher stock sales and lower trend sales, amid broad prosperity.
The narrative traces 1906's economy with mild winters aiding crops and trade, while shortages, strikes, and storms shape sectors. It notes active manufacturing, high prices, wage gains, and large spring sales, plus San Francisco quake damage and ongoing stock market shifts influencing liquidity and trade nationwide.
The piece notes a record holiday trade and heavy demand in 1905 with preparations in wholesale markets. It cites car shortages in December, a high volume of orders for three to nine months ahead, and strong demand across iron and steel, cotton goods, woolens, hosiery, linens, copper and hardware. It forecasts very favorable outlook for 1906 and possibly 1907, warning that labor, prices, and money conditions could constrain growth.
The sword of John Paul Jones, kept in near original condition, rests in the Navy Department library. Commander Reginald Nicholson placed it there, tracing its journey from Jones to Theodosia Burr, then to Judge Mathew Davis Clareston, Rev. Dr Uueacher, Commodore Summerville Nicholson, and finally to current custody. The 30 inch weapon features a white brass hilt and a broken basket guard.
Democratic House floor leader John Sharpe Williams says he will not seek the presidency. He cites the White House atmosphere as damp and unsuitable for his children, noting his wife Mrs Williams would not hear of it and fears they would catch their death of cold in the damp rooms.
Four white men a negro train porter and about thirty Mexican laborers died when two passenger trains on the Chicago Rock Island and Pacific collided head on four miles west of Volland Kansas at 5 10 yesterday morning fifty five injured among the casualties the trains were Nos
Two trains 29 and 80 collided on a sharp curve between Chicago and El Paso. Fire from Jamies and the locomotive engulfed five forward cars of westbound No. 29 burning passengers. Mexicans traveling from Columbus Junction to Mexico were among those affected. John Lynes, 19, telegraph operator at Volland, is held for investigation after failing to stop No. 29 per orders to hold for No. 30.
The War Department announces its annual Philippines report noting peace and order in most provinces, with remaining uprisings by ladrone bands in Cavite Batangas and Pulajanes in Samar. It records a prophet in northern Luzon and December governor elections in 29 of 38 provinces, plus new postal savings banks to encourage thrift.
In Goldfield the strike remains unchanged with Hayes Monnette and Frances-Mohawk leases continuing operations. Diamondfield area has only a few properties active. Despite the surface deadlock, officials express confidence in an early permanent settlement possibly within three to four days, promising a robust later period of activity.
Calvin Good a Columbus Ohio born boxer died after a ten round exhibition at a Fargo Elks social. In the eighth round he collapsed and died hours later with lungs congested. Jim Gains his opponent fled to Winnipeg to avoid prosecution. Local officials found no blame on the Elks.
New Orleans is cut off from free mail delivery as the postmaster general orders sidewalk construction. Many streets lack sidewalks and free delivery is halted in large portions of the city, though a city contract exists to build walks and most delivery may be restored within a year.
New York January 4 The Metropolitan Life Insurance company ann oounces a contract for structural steel of a fifty story tower to top a block of buildings between Madison and Fourth avenues and Twenty third and Twenty fourth streets. The tower will rise about 700 feet surpassing most offices, with 8,500 tons of steel and a heavy wind bracing system to give rigidity. It will exceed the Washington monument in height by about 107 feet and will overshadow other tall city buildings such as the Flatiron American Security Bank of Commerce Empire and Broad Exchange.
An exchange of visits between King Edward of England and President Roosevelt seems likely. Captain Kincaid Smith cites Edward’s possible U S visit after a Canada trip and notes Roosevelt’s popularity in England, predicting a tremendous welcome if arranged.
The Japanese training squadron led by Rear Admiral Koteoka with cruisers Itsukushima Hashidate and Matsushima will depart Yokohama January 6 for a Pacific cruise. They are due in San Francisco February 18 and will later visit Seattle and Tacoma.
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