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Lowell Daily Courier in Lowell, Massachusetts

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Lowell Daily Courier

Location

Lowell, Massachusetts, United States of America

Date

Jan 18, 1902

Page

7

Traders Market Review of January Stock Activity

In a Saturday trader’s market, prices rose before the bank statement sparked a broad selling wave. The day’s action was professional, with copper stocks quiet and some gains eroded by opening-day shadings on strong names. Pacific Mail gained on a ship subsidy bill note while Northwest preferred slipped.

New York Amalgamated Copper Atchison Baltimore and Ohio Chesapeake and Ohio Erie Erie First Louisville Manhattan Missouri Pacific Norfolk and Western Ontario and Western Pennsylvania Reading Southern St. Paul Southern Pacific Union Pacific United States Steel W. U Pacific Mail Northwest

Cotton futures open steady on varied month prices

New York trading begins with steady cotton features. Key contracts show Jan through Oct values with February and March figures unspecified. Notable quotes include March at 8.11, April 8.17, May 8.20, June 8.22, July 8.24, August 8.06, September 7.75, and October 7.70 as the market establishes the day.

New York

Stock Gossip and Market Rumors Spread Across London

Money is plentiful at 3 and 4 percent while London steadies near parity. Rumors of Lackawanna capital expansion denied. Bank statement shows rises in reserves loans specie and deposits while circulation falls. Morgan steamship tie up may involve White Star and other lines with possible sales offers hinted by John Lee but no certainty. Cotton goods demand shifts. woolens lift marginally amid price declines. Erie Telephone preferred not yet issued. brokers can trade contracts awaiting issuance.

Guide to Investors Promotes Free Market Analysis Book

An illustrated cloth bound page by page guide explains market value fluctuations and the forces shaping Wall Street. It promises exhaustive analysis of conditions and securities traded on exchanges, plus maps rules and long history data. Readers are offered a free copy and a mailed Daily Market Letter.

Wall Street

Stock Article Discusses 6 Percent Cumulative Shares Valuation

The piece analyzes a 15 million dollar issue with 12.5 million to remain in Bell treasury and 4 million new money. It forecasts 4 percent Dividends first two years and 6 percent thereafter, predicting a 120 price within two years and suggesting a 90 purchase now. It also covers market conditions, bank cash, gold drainage fears, and mining stock speculation surrounding Bingham mines with valuations and expert opinions.

Bell Treasury

Negro held on charges after deadly assault in Greenfield

In Greenfield on January 17 Judge Lyman held Edward F. Smith a Charlestown negro on the charge of manslaughter for the December 28 death of Henry L. Warner. Bail was set at $5000. State medical examiner says Smith is an imbecile and more dangerous than insane as widow Ann Eliza Warner describes the brutal kitchen attack with a chair and a flat iron.

Greenfield Lyman Edward F. Smith Charlemont Henry L. Warner Smith F. J. Canedy Ann Eliza Warner Mr. Warner

Isthmian canal hearing eyed for unanimous report

Washington January 17 The Isthmian canal commission chaired by Rear Admiral John G Walker met to decide on a definite recommendation to the President It is noted the commission is divided on canal route options and may still urge acceptance of the Panama company offer Aims to present an unanimous report if possible and file it by tomorrow or Saturday night Senator Morgan reported on the inquiry into Panama safe proposition and noted no French or Colombian propositions have been received A sub committee was appointed to hear testimony on proposed routes

Washington Isthmian Canal Commission John G. Walker Panama Company Admiral Walker Morgan Senate Committee On United States Panama Colombia Harris Kittredge Foster

Charles T. Shannahan Dies at 81 in Chelmsford Home

Charles T. Shannahan, aged 81 years and 7 months, died at Chelmsford Centre at his daughter Mrs. W. F. Putney's residence. Funeral services will be held Tuesday at 2 o'clock. Friends invited.

Shannahan Chelmsford Centre W. F. Putney Charles T. Shannahan

Briggs Sentenced to Natural Life for Murder in New Hampshire

In Newport New Hampshire on January 17 George H Briggs, after a hung jury, withdrew his not guilty plea and entered a plea of guilty to second degree murder. Judge Wallace sentenced him to life in state prison at Concord. Briggs broke down as the sentence was announced with his wife and children present.

Newport N. H George H. Briggs Florence Jones Wallace Briggs Concord

Lord Beresford Arrested in Boston for Larceny Claim

Sydney Las elles alias Lord Beresford, escorted by a Hot Springs officer, left Boston today after being arrested on a warrant from Arkansas authorities. He is wanted for the alleged larceny of 1200 dollars from a Hot Springs hotel proprietor.

Boston Hot Springs Sydney Lascelles Lord Beresford Arkansas

Thrilling Breeches Buoy Rescue Off Pere Marquette Steamer No 3

In Ludington Michigan on January 17 a Pere Marquette steamers No 3 foundered on the harbor bar in a southeast gale. The life saving crew used breeches buoy to rescue nine passengers and 35 crew over two hours as waves drenched the line. The vessel carried 25 000 bushels of barley and 200 tons of merchandise and officials hope to save hull and cargo if seas moderate.

Ludington Mich Pere Marquette Railway Company Pere Marquette

Emperor William's yacht launch set for Feb 25 in New York

Downey and officials confirm the launch time at 10 30 a m on February 25 with Prince Henry as the imperial representative. Plans for transport to Shooter's Island are considered, and Rear Admiral Evans will oversee the naval demonstration. The Prince may attend the Capitol address on February 27 and depart for Germany after a 16 day visit.

Washington William Wallace Downey Emperor William White House Roosevelt State Department Hill Admiral Evans Crowninshield Prince Henry Shooter's Island Battery New York United States Hohenzollern Committee On Reception Capitol Senate House Hay McKinley Germany Columbia

Canal projects proposed for sea level Darien route

Washington January 17 sub committee heard Gen Edward W Serrell and colleagues for the American Isthmian Canal company who advocate a sea level canal 30 miles across from Mendago harbor to Pearl island with a five mile tunnel and electric trolley ships pulled through. They estimate 75 to 30 million dollars total cost and three year tunnel completion while seeking terms to retain canal ownership and US funding half of construction costs. They offer no government concessions yet.

Washington American Isthmian Canal Company Edward W. Serrell H. H. Adams Theodore Schroeder Darien San Blas Ocean Mendago Harbor Pearl Island Prof Hopkins Messrs. McDougal Sweet Foreman Rude United States Lessell McKinley Maritime Canal Company Panama Company Warner Miller

New York Man Arraigned in Assault Case in Boston

James McLean of New York was arrested last night for shooting John McPher, son of Olean, N.Y., during a quarrel over a woman. He was arraigned today before Judge Delvey in municipal court on assault with intent to kill, with the case continued to January 23 and bail set at 1000 dollars.

Boston James McLean New York John McPherson Olean N.Y Delvey

Stranger Hires Team from Norris Livery in Somerville

A well dressed stranger hired a Norris Livery team on Wednesday night and took a friend toward Dewey Grove at 11 pm. The Lowell police recovered the property and returned it.

Norris Livery Company Somerville Dewey Grove Lowell Police

Signals and fog blamed as tunnel wreck witness testifies

New York January 17. Jos H Franklin manager of the New York Central terminal testified in the inquest into the tunnel wreck that killed 17. He said 28 miles an hour was the scheduled max and trains could be stopped within 450 to 600 feet with emergency brakes. He cited engineers who ran past danger signals in clear or smoky conditions and noted instances of missed signals and failed torpedoes.

New York Jos. H. Franklin New York Central Railroad Jerome Franklin Empire State Express

Orchestral Society to Perform at Huntington Hall

The next recital will be at Huntington Hall a week from tomorrow with St. John's Hospital as beneficiary. Last season the hospital drew the largest audience in the series, and that is expected again. A fine programme is planned with harpist Henri Schnecker and soprano Miss Wetmore from Kirk Street church quartette.

Orchestral Society Huntington Hall St. John’s Hospital Hospital Henri Schnecker Miss Wetmore Kirk Street Church

Convicted Felon Sentenced After Ohio Escape

An escapee from the Ohio Penitentiary in Columbus, who had served nine years, was arrested abroad and brought back. He made an eloquent plea for mercy, but Judge Swan, moved yet firm, imposed the sentence.

Ohio

Infernal Machine Explodes at Knoxville Post Office

J W Martin postal clerk injured by explosion of a powdered nitro glycerine package described as an infernal machine. The parcel, stamped received while processing mail, bore a New York smokeless powder firm name. Tin box inside contained the explosive. Local hardware firm denies ordering or receiving notice. Investigation started by postal authorities.

Knoxville Tenn J. W. Martin New York

Cripple Creek Mine Intruders Face Arrest After Gunfight

Ked Kuykendal known as Filipino Kid Hartley J. Lake and John B. Fredenstein were arrested on suspicion of entering Stratton's Independence mine 400 foot level to steal high grade ore. On discovery they fought their way out after seriously wounding Lee Glockner, a worker stationed at an end of the slope.

Cripple Creek Col Ked Kuykendal Hartley J. Lake John B. Fredenstein Stratton Independence Mine Lee Glockner

Doc OConnell Dies at 32 in Everett Home

Boston January 17 William T OConnell known as Doc O Connell welterweight boxer and instructor died today at his Everett home aged 32 years The death ends a career marked by local club work and coaching activities in the boxing scene.

Boston Wm. T. O'Connell

Also Mentioned on This Page

Courier-Citizen Company Traders’ Market Boston Market New York Market London Lackawanna J. Pierpont Morgan Red Star White Star Atlantic Transport Leyland Wilson Dominion Lines Cunard England John Lee White Star Line R. G. Dun & Co Erie Telephone Hildreth Lowell Nicholas G. Norcross Insurance Central Street Lowell, Mass Haven & Stout Europe Bingham Cochiti Montana Coal and Coke Coram M. N George L Walker Utah Salt Lake City Dalton & Lark Tesora Lowell Mass Imbecile H. L Warner CANAL Isthmian Canal Company Spencer Trask & Co Pine Street N. Y. Stock Exchange Bright, Sears & Co Atchilson Brooklyn Ra T Chesa. &O Aig C.& G. West’n Cri&pac Vos Con Gas Soveese del. & Hudson Erie Ball Ally Gen. Electric Co Seeee Ceescveese Bass BO. RY .Sessenseveeee St. L Pfa Tenn. C. & To Seses Texas & Pac Union Pac Steel U. S. Steel U.S. Leather Cseecsese U. Tel Bass Cckessias Mex Con Wears Amelgamatad Adventure Atlantic Haltic Cal & Hecla Elm River Ween Isle Roysie Mass Mohawk Osceola Old Dominion Santa Fe Tamarack Trimountain Trinity Utan Winona Woilvarimd Eecees Ake Am. Woolen Wool Erie Tel Rec Erec Elec N. E.gas &Coke A Tel & Tel Co Amer Smelting Co N.E. Tel Ite Lee Hirkinson State Street Fisk & Robinson Investment Securities New York Stock Exchange Nassau Street Philip R. Hovey Telphone Ludington, Mich American Isthmian Canal Co Violets Hood’s L Hood CO Pollard & CO Peau de Cygne Palmer Street A. G Pollard & CO Merrimack, Palmer and Middle Sts Tell Y. C. Turner Marine News Kiel Lowell Orchestral Society Chamberlain Pollard West Sixth Street Doc O'Connell Cunnebaug, Conn Burns Clan Grant
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