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Newspaper
Lowell Daily Courier
Location
Lowell, Massachusetts, United States of America
Date
Jan 24, 1902
Page
7
Stocks rose at noon with Sugar touching 127 and Amalgamated Copper in demand. Dominion Coal climbed at the open but pulled back. Copper Range Osceola Parrott and Trimountain also advanced, while U S and Erie Telephone saw mixed activity and woolen shares moved modestly.
New York January 24 opening showed scattered gains and declines as Amalgamated Copper and several other issues moved modestly. Major names including St Lawrence Adirondack Metropolitan Sugar and People's Gas rose 1 to 1.5 percent while Rail and utility shares traded unevenly.
The note suggests a steady interest in old stock in Erie with a lot reportedly sold privately at about 10 points above day’s market. Sources include Boston and Lowell holders are urged to hold for higher value, as the writer claims no new inside information but advocates keeping funds in Lowell.
In New York Jan 24 cotton futures opened steady with nearby months showing firm bids and varying offers. January 7.98, February 8.00, March 8.04, April 8.09, May 8.11, June 8.11 bid, July 8.16, August 7.99, September 8.? , October 7.67, with November noted but not fully listed.
The report notes pressure to sell Atchison has abated. New debenture charges diminish yearly by 2.5 million dollars due to retirement. The issue is presented as more conservative than a permanent fixed charge bond issue.
Marine news reports two steamers arriving in New York dated January 24: the Gertic from Liverpool and the Saratoga from Nassau.
Lewes Delaware reports an unknown two-masted steamer ashore on Hog Island shoals about 90 miles from the Delaware Breakwater. The wreck location and vessel identity remain unconfirmed as of this morning.
New York reports the Ward Line steamer Saratoga arriving from Nassau with the wrecked crew of the American schooner Mary H. Brockway. The Brockway ran ashore January 4 at Powell's Reef near Abaco in the Bahama Islands and was a total loss. Captain J. M. Miller led seven men and the steward's wife, rescued by local boats and transferred to Nassau. The Brockway, built in Waterford Conn in 1881, 410 tons, was bound from South Amboy to Nassau with coal.
Lakewood New Jersey is praised as a premier winter resort for wealth and fashion. The climate and surroundings are described as healthful and superb with magni ficent roads, golf and coaching as popular diversions, ideal hotels, and excellent rail service by New Jersey Central from New York and Philadelphia. A descriptive Lakewood booklet is available from the NJ Central general passenger department in New York City.
John H. Buttrick, born in Waltham and raised in Lowell, died at age 72. He graduated from Dartmouth in 1852 and held cashier duties at Wamesit bank, later rising in railroads and industries as treasurer, president, or director for numerous companies including Boston Winthrop groups, Florida Midland, Putnam Nail, Hackett Refrigerator Car, and others. He served on the Lowell city school board and lived largely in Boston for business, with liberal church contributions.
In Havana a large meeting at the Tacon theatre featuring Montero Zayas and Dolz called for reciprocity with the United States. A procession delivered resolutions to Governor General Wood urging recognition of the Cuban commission in Washington as representative and urging renewed ties for reconstructing the island.
President and Mrs. Roosevelt hosted a January White House reception honoring Congress. Cabinet members, public service representatives, and diplomatic corps attended. Mrs. Payne assisted, with Mrs. Root, Mrs. Knox, Mrs. Hitchcock, and Miss Wilson in the receiving line. гостей included Whitelaw Reid, Richard Olney, T. F. Bayard, Depew, St. Clair McKelway, and Mrs. Logan. The Engineers and Marine bands performed amid elaborate East Room flowers.
Secretary Root urged a Philippine homestead law before the House insular affairs committee. He favored granting natives titles to land up to a 100 acre entry with local fixes on minimums, and urged repeal of the Spooner amendment to allow timber cutting and franchise grants. He stressed developing railroads to unlock timber, coal, and minerals and promote industry.
A Wednesday chafing dish supper at the Pawtucket church drew a pretty, successful crowd. Miss Hortense Tabor led the dishes with helpers Cora Cumin, Alice Seeton, Jessie Howe, Aliss Snow, Joseph Coburn, and Waldo Estabrook. Mrs. Morrison and others assisted in the kitchen, and an engaging program featured Birds' Christmas Carol read by Mrs. Clara O. Park and Ruggles family members, with Cora Cummings portraying Mrs. Ruggles.
About thirty members and friends of the Pawtucket church choir enjoyed a sleigh ride hosted by Mr and Mrs Norman L Pevey at their Dracula home on Tuesday evening. A bountiful supper followed and the party returned in the early hours, with transportation provided by ex Alderman Edward S Howe.
The Lewiston Journal lauds Mr. Arthur W. Trubey of North Chelmsford who is teaching at the Lewiston Manual Training school in the principal’s absence.
In Congress today the Philippine tariff debate was paused as Mr. Hale's motion postponed adjournment to Monday. Senator Lodge announced daily consideration from Monday, while Mr. Mason urged tabling a resolution honoring Admiral Schley for Santiago, and Mr. Teller pressed intervention under the Geneva convention in the Scheepers case, which was postponed indefinitely. The Senate then resumed the commerce bill with amendments, including a labor department provision and a debate on trade, tariffs, and naval affairs, before adjourning to Monday.
J Wright, town clerk of Westford for about 14 years, died at his home of heart trouble aged 72. Born January 19 1829 in Westford he served on the overseers of the poor and directed the public library. His wife preceded him in death and he left no children. He was highly esteemed for integrity and painstaking service.
In Nashville a Sparta Tennessee merchant’s wife Mrs Beulah Abbey died after allegedly pulling out her eye in a religious frenzy. She had become increasingly ardent in late autumn and showed extreme vocal religiosity and erratic behavior. Local authorities and neighbors described her as fanatical in her Bible interpretation.
An afternoon offer invites all ladies to visit Carleton and Hovey at 236 Merrimack Street from 2 30 to 5 30 PM for a free cup of hot chocolate with whipped cream regardless of purchases. The ad emphasizes no buying required to receive the treat.
A. Dean Cooper, treasurer of the Graham Paper Co, died from a fractured skull after a late night attack at Vista Turkish baths. Bath house keeper William Strother is in custody as police recover a diamond ring worth 1500 and an heirloom pin from the cellar. Two women and a man visited Cooper around midnight, according to Strother, with a boy delivering a note before the assault. Florid details include a bloodied sledge hammer found and two women later arrested for questioning.
At the Washington hearing before the ways and means committee, Louisiana cane sugar growers and beet sugar and tobacco interests opposed concessions to Cuba, arguing such measures would cripple Louisiana sugar production. Ex-Gov Warmoth, J D Hill, and other Louisiana leaders testified against reductions, while Oxnard and Corbin spoke for beet sugar. A letter from John Spreckles was presented. The chair adjourned and a continuation was set for tomorrow with Cuba officials expected to testify in favor.
Postmaster Kinner of West Springfield notified Washington and Boston inspectors about a major railway mail robbery. Pouches rifled near Rochdale contained money orders and checks including a $1000 check and a Portland Oregon money order for $1.75. Letters scattered along tracks show money or stamps were targeted while undisturbed mail stayed intact. Authorities cannot estimate total loss or exact train involved.
In London the wax secretary said Commandant Scheepers was executed for seven murders and war violations. He noted Scheepers was a prisoner of war yet condemned for murder. Balfour said no credible peace proposals had been received from Boer leaders since talks between Kitchener and Botha, despite press speculation.
Portsmouth NH reports the sudden death of Capt. David Grogan aged 67 of Newcastle at Orlando Florida where he wintered. Grogan long served as keeper of White Island light at the Isles of Shoals and later ran boats at the Shoals hotel. He belonged to St John’s lodge AF&AM. He leaves son Herbert and daughter Ella Grogan of Boston.
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