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Newspaper
Lowell Daily Courier
Location
Lowell, Massachusetts, United States of America
Date
Jan 14, 1902
Page
7
In Boston on Tuesday January 14 trading opened irregular with Sugar weak after a rally. Amalgamated and Copper Range showed dull action while Wolverine dropped about 4 percent from the prior close before noon.
The January 14 stock market opened heavy with widespread declines and only a few gains. Major tickers included Union Pacific and Southern Pacific showing strength while Atchison remained weak. Initial gains faded as room traders pulled back, leaving Manhattan, Sugar, and Amalgamated in lighter footing.
A notice posted at the opening of the board of trade calls for closing all open deals with Geo Hi Phillips the former corn king. The move follows an 8 percent rye break and a rush to cover margins as Phillips and staff worked overnight on the books. Phillips reportedly holds millions in May rye wheat and corn, with elevators likely to seize rye holdings near market price. Prices opened sharply lower across grains and officials say Phillips remains financially sound despite the sudden closing demand.
New York copper market reports cotton futures opening steady on January 14. Prices listed show January at 7.90, February 7.96, March 8.05, April 8.11, May 8.14, June 8.15, July 8.20, August 8.04, September 7.68, October 7.50.
The Boston Journal reports buy advice on Erie Telephone stock as parity looms between old and new shares. Copper prices firm with lake at 11.25, electrolytic 11.12, castings 11 cents, while the United Metals Selling We say they align with quotations. Floods of the Nile remain regular on a long cycle.
Boston man Harry M. Fowle formerly trusted bookkeeper for Shepard and Morse Lumber, convicted in 1896 for embezzling 247000 plus dollars, attempted suicide and later reemerged in Dawson City Alaska as a saloon bookkeeper. Now jailed awaiting trial as Northwest Mounted Police report new alleged offences.
The shipping page notes arrivals at New York including the Kaiser Wilhelm der Grosse from Bremen and Augs te Victoria from London, with the Columbian from London and the Manitou from London also listed, reflecting a busy east coast harbor schedule.
In Dover New Hampshire a crackdown on illegal liquor sales spreads from the northern counties. A W C T U committee urged enforcement and City Marshal James Fogarty issued notices to saloons and drug stores to halt illegal sales by noon Wednesday January 15. The move followed a mass meeting at First Church where the resolution urging impartial enforcement was adopted.
Boston Jan 13 witness Frank Taylor former bookkeeper resumes testimony in the trial of Geo Foster and John W Dickinson for alleged complicity in wrecking the South Danvers National Bank of Peabody. He is cross examined by Lawyer Bartlett with a bank interior sketch and details on cash location and the book vault.
The British steamer Braemer Castle, sailing from Cape Town to Southampton, ran aground on Gurnard Ledge at high tide near Cowes Isle of Wight. No leakage reported, 85 passengers evacuated by tender, ship remains fast as of dawn.
The schooner Gage H. Philips from Rockport Mass. with stone paving blocks for New York arrived at Mobile after a tempestuous voyage since November 8. Blown to the Cuban coast and leaking badly, master W T Smith calls it his worst weather experience in 25 years. The vessel will be cocked here.
Boston reports a printer Miner Beaman, ten years enamored with actress Theresa Vaughan, died and lay unclaimed in City Hospital morgue after being found sick in a lodging house. Vaughan, now in an asylum for the incurably insane, had previously inspired his devotion as a stage star in Rick’s extravaganzas. Beaman’s pockets contained three pawn tickets.
The inquest into Geo W W Arnold's death at the White wood lot opened in Hudson with a private session. Key witnesses include Medical Examiner Hott, W D White and wife, State Detective Dunham, investigator W H Proctor, and Arnold's father. Results not expected until late today.
Washington January 13 House members debated pension appropriations as total for next year was set at 139 846 480 while current year stood at 145 245 230 and arrears declined. Delegates argued about pension fraud and veterans’ benefits with Senators and district officials weighing in before adjournment.
Senator Mason introduced a resolution urging reciprocity as in the McKinley and Dingley acts and seeking prompt consideration of pending treaties. He also calls for broad reciprocal trade with Cuba to aid U S commerce and fulfill duty to the island's people.
Washington's Senate confirmed a list of nominees across federal and territorial posts. Names include George W. Whitehead as district New York merchandise appraiser, Conrad N. Jordan as New York assistant treasurer, Thompson B. Ferguson as Oklahoma governor, F. W. Martin as immigration commissioner, James O. Lyford Boston district naval officer, and several U S attorneys and customs collectors in Maine Vermont New Hampshire and Wyoming Hawaii territories plus postmasters in Augusta Me and various Vermont towns.
Washington reports the House committee on agriculture began hearings today on anti oleomargarine bills. This action marks a legislative push to regulate substitutes and dairy product labeling amid evolving food safety debates.
Fall River mill No. 1 workers strike after a Friday vote, 140 weavers quit this morning. At a forenoon meeting they unanimously refused to return until grievances are settled. Secretary Whitehead of the union presided, and by noon all mill departments closed due to yarn shortage, though spin ners report no conflict with management.
A Chicago, Rock Island and Pacific Railway passenger train collided with a construction train on a siding at O Keene Oklahoma, caused by a misplaced switch. Two men died H K Baer and K A Colfy while eight others were injured though none seriously. Names of the injured include A L Peach Hubert Kimberly Cecil Herring J J Heppler Joe Collins EE Hoop C E Taisey C Yeaton.
Justice Gray delivered the Supreme Court opinion in Nutting v Massachusetts upholding a Massachusetts statute that penalties brokers who negotiate with insurance companies not admitted to do business in the state. Nutting faced penalties after securing a foreign policy for a customer, challenging the law as unconstitutional. The Massachusetts court ruling was sustained.
Beverly January 13 Several hundred travelers from this area and beyond on the Boston and Maine line were exposed to smallpox via Elizabeth Doran a Park Hotel domestic who traveled to Boston at 912 am and soon after sought medical care in which she showed a smallpox eruption. She was hospitalized and the Park hotel was quarantined.
Havana January hearings resume as Estes G Rathbone testifies confirming he received orders and recommendations from Washington. He explains issuing monthly account demands for Cuban postmasters and notes disputes over whether the word ordered was written. Rathbone defends limited ability to supervise all details amid office complexity.
Washington January 13. Senator Mason announced he would address the Senate on Cuban customs duties and related bills tomorrow. A Hale resolution for printing copies of the Schley court report was referred to the Printing Committee. Nelson moved to take up the commerce department bill and argued it would widen foreign markets and harmonize labor and management. After brief remarks by Telter and Hale, the bill stalled as both sought more time, and the Senate entered executive session at 145 PM.
In Saybrook Connecticut six alleged burglars were bound over to the superior court and jailed after an early Sunday morning confrontation with a citizen posse. Names and ages given include Frank Lambert 18 John Morris 24 Frank Heagney 17 Jos McCaffrey 17 Fred Johnson 18 and John Randall 22. They declined to reveal origins but are believed from Providence. R J Morris was shot in the back and carried into court.
Washington January 13 The Republican members of the Senate committee on Philippines held a conference and debated the House tariff bill. The main issue was a proposal to reduce by 26 percent duties on goods from the Philippines to the United States. No agreement was reached amid divergent opinions.
Rome New York on January 18 reports a student strike resolved as about 150 pupils consented to return after agreeing to abide by school authority, acknowledge no right to strike, and present grievances to the boards of education. The walkout followed disputes over the principal’s discipline.
Postmaster General and Mrs Emery Smith hosted their final official dinner at the Arlington tonight before retiring to Philadelphia. President and Mrs Roosevelt attended with a large company in attendance.
Washington detectives arrested Richard Cole a colored man and locked him up in connection with the assault on Mrs Ada Gilbert Dennis the fashionable dressmaker on December 6.
Domestic quarrels in New Richmond and Madison trigger fatal shootings. J W Schmidt, assistant head miller at Burkhardt village flour mill, shot his wife then himself. both survive in critical condition. In Madison, Benjamin C Keig, a boiler maker, killed his wife and fatally wounded himself after a quarrel, bystanders heard the woman plead, the attacker later died.
Mrs. Roosevelts weekly cabinet meetings are seen as sensible and practical. Diplomatic society is viewed as a national institution, with cabinet ladies able to sustain or harm national dignity through their handling of social matters.
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