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Lowell Daily Courier in Lowell, Massachusetts

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Newspaper

Lowell Daily Courier

Location

Lowell, Massachusetts, United States of America

Date

Mar 11, 1902

Page

7

Stocks Irregular and Breathing Weakness in March Market

Stock market was irregular with a tendency toward weakness in early trading on Tuesday March 11. Copper stocks faced pressure led by Osceola dropping from 69 to 64 and Tamarack down to 2.00, while Centennial and Arcadian showed gains early before volatility. Dominion Coal held at 106 and Dominion Steel fluctuated between 44.5 and 45.0 percent as Woolen preferred and Mexican Central stayed above prior close.

Boston Osceola Tamarack Centennial Arcadian Dominion Coal Dominion Steel Mexican Central

New York Stocks Open Firm Amid Broad Market Strength

The stock market opened firm on March 11 with Amalgamated Copper 63, Atchison 75, Erie 36½, Manhattan 129, Missouri Pacific 98, Reading 52, St. Paul 163, Sugar 126, Southern Pacific 63, United States Steel 42, and Steel preferred 94. International and London markets strengthened local dealings. Reading remained heavy over labor outlook. Advances of 1 to 2% occurred in Colorado Southern second preferred, Wisconsin Central, Des Moines and Fort Dodge, and several other issues as large buy orders appeared in low priced specialties.

New York Amalgamated Copper Atchison Erie Louisville Manhattan Missouri Pacific Norfolk and Western Ontario and Western Pennsylvania Reading St. Paul Sugar Southern Pacific Union Pacific Colorado Southern United States Steel Steel London Colorado Southern Standard Railroad Northwestern People’s Gas and Pacific Mail

Cotton futures open firm in New York market

In New York on March 11, cotton futures rose with March at 8.90, April 8.93, May 8.77, June 8.79, July 8.82, August 8.68, September 8.36, October 8.14, November 8.03, and December 8.03 as of the session opening.

New York

Cochiti Gold Mining faces receivership and possible consolidation

President J A Coram states the Cochiti Gold Mining company is in receivership and directors lose management rights. A stockholders committee and a trust company could work with creditors to pursue consolidation, potentially yielding more value than a forced sale. The balance sheet lists $3,262,646 capital stock and notes payable, with assets including mill and mine construction, equipment, and cash amid ongoing arbitration with General Electric.

J. A. Coram Cochiti General Electric Company Stoc Gibo General Electric Company Terete Eee

Stock Gossip Hints at Amalgamated Takeover

The street expects Amalgamated interests to acquire Osceola and Tamarack amid declining outlooks. Management allegedly faces little risk as remonstrance would come from a minority. Western Telephone subsidiaries may gain separate presidents with Sabin, Yost, Burt, or Caldwell in key regional roles.

Osceola Tamarack New Western Telephone Company Sabin Central Union Company Cleveland Michigan Yost Omaha Northwestern Wisconsin Burt Kansas City Caldwell Nashville Texas and Arkansas

Anglo Japanese treaty draws mixed Russian press verdicts

Russian papers react with silence or cautious comment on the Anglo Japanese treaty. Moscow Vedomosti derides it as a complete fiasco with limited impact, while Odessa papers offer varied views. Some see it as neutralizing France in a Russia Japan war scenario, others call it a surprising political move.

Associated Press St. Petersburg Novoye Vremya St. Petersburg Vedomosti Far East Sviet Novosti Bourse Gazette Moscow Fouign Russia Count Lamsdorff Odessa Yunice Obzozrenie Southern Review France Japan Odessa Novosti China

Institute A A Defeats Burkes In East Cambridge Tilt

Institute A A won 10 to 3 over Burkes of Lowell at Institute hall East Cambridge before a large crowd. Lynch scored five for the winners, with W Sheridan adding five and Reagan three from fouls. The Burkes forfeited after a disputed goal at whistle time. Referee Knox ruled the shot in flight, securing the Institutes win.

Institute A. A Burkes of Lowell Institute Hall East Cambridge Institutes Lynch Burkes Donnelly Knox Institute W. Sheridan Reagan J. Lynch H. Sheridan J. Healey Macalouski Burkes—Healey O'Neillc Kelliher Everett Healey Redmond

Daughter born to Mr and Mrs Edward Young in city

In the city on March 10 a daughter was born to Mr and Mrs Edward Young of Sixth street.

Methuen Captured as Delarey Forces Win at Winburg

London reports Gen Lord Methuen and four guns seized by Gen Delarey near Winburg on March 7. Casualties include three British officers and 38 men killed, 5 officers and 72 men wounded, with one officer and 200 men missing. Methuen wounded in thigh and held as prisoner. News sent to Pretoria and read in Parliament amid cheers and shouts.

London Lord Methuen Delarey South Africa Stock Exchange Throngmorton Street House of Commons Lord Kitchener Brodrick Methuen Kimberley Belmont Scots Guards Grenadier Guards Northumberlands Northamptons Palmeitknill Maribogs Kraaipgn Paris de Wet Kitchener Kraaipan Twe-bosch Lieuts Venning T. P. W. Nesham Royal Mr. Brodrick

Boer Troops in Khaki Attack as Delarey Seizes British General

London reports a second Boer victory within a fortnight with Delarey capturing a prominent British general. Methuen suffers a fractured thigh. dispatches note disarray among British mounted units and mules. Boers dressed in British uniforms caused confusion, while 1500 enemy troops held ground with a 15-pounder and pompom.

London Delarey von Donop Lord Méthuen van Donop South Africa Lord Kitchener Broderick Lord Methuen Celliers Kemp Vermaso Tromp Methuen Intelligence Department

Supreme Court Rules Illinois Antitrust Law Unconstitutional

Washington March 10 the United States Supreme Court ruled the Illinois anti trust statute unconstitutional citing the exemption for agricultural products and livestock. The decision in Thomas Connelly and others vs Union Sewer Pipe Co of Ohio was delivered by Justice Harlan.

Washington United States Supreme Court Thomas Connelly Union Sewer Pipe Company Ohio Justice Harlan

Balance of 15 Cents in City Campaign Funds

William A. Hogan filed the Democratic city committee receipts and expenditures with the city clerk. The campaign ended with $623.93 in receipts and $623.78 spent, leaving a 15 cent balance. Major contributions included $150 from Mayor C A R Dimon and $125 from Fred R Rourke. Anthony A Conway reported $90, $225 and $485 in campaign funds. Expenditures covered salaries at headquarters and registration with many workers. aldermen meet tonight and the appropriations committee will visit the Tewksbury almshouse this afternoon.

William A. Hogan Democratic City Committee C. A. R. Dimon Fred R. Rourke Anthony A. Conway

How to Collect Books by John Burns

An essay on book collecting urges focusing on one specialty at a time to maximize enjoyment. It suggests choosing a single hobby each day of the week, then expanding to related areas as passion endures, ending with the maxim to let personal taste guide choices.

John Burns Hawthorne Holmes and Whittier

Baker pleads guilty in grand larceny case

Buffalo March 11 Henry J Baker former city treasurer cashier pleaded guilty to grand larceny in the first degree in the supreme court term.

Buffalo N. Y Henry J. Baker Supreme

Regular business meeting notice for March 13

A regular business meeting will be held in the rooms on Thursday March 13 at 3 p m. Full attendance is earnestly desired.

Chelmsford Gas Light Co hearing request Lowell streets

Notice by the City of Lowell that Edward D. McVey of the Chelmsford Gas Light Co seeks authority to lay pipes and mains in Lowell. A hearing before the Board of Aldermen will be held in City Hall on Tuesday evening March 25, 1902 at 8 o clock. City Clerk Girard P Dadman signs the notice.

Edward D. McVey Chelmsford Gas Light Co Lowell Board of Aldermen Ord Girard P. Dadman

Resignation Of Secretary Long Approved In Cabinet Change

Washington March 10 A third Roosevelt era cabinet change sees Secretary Long resign his post in favor of Rep William Henry Moody of Massachusetts as Navy Secretary Moody’s appointment strengthens the administration via his congressional experience. Long expected retirement and will rejoin the Boston law firm Hemenway and Long after leaving the cabinet May 1 or sooner if needed.

Washington Roosevelt Long Wm. Henry Moody Sixth Massachusetts Hemenway & Long Boston John D. Long

Strike at Olneyville Looms Against Union Weavers

Providence reports strong moves this week to widen the weavers strike at American Woolen mills. The six week campaign against the double loom system continues with potential action by Wednesday to pull in four more mills in other centers. Washington Mills in Lawrence not listed. A mass loom fixers meeting is called as additional workers stay away at Olneyville, signaling a broader stoppage across the company’s mills.

Providence R. I Olneyville American Woolen Company Combine Washington Lawrence

Boycott Lifted Ends Lynn Carpenters War

The Lynn Central Labor union lifted the boycott on independent carpenters, ending a labor war in Lynn. Contractors Titus and Poor returned workers after the decision, as independents filed for Brotherhood of Carpenters charter and initiation dues.

Lynn Independent Carpenters Union Lynn Central Labor Union Independent Carpenters United Brotherhood of Carpenters and Joiners of America Titus and Poor Swampscott Carpenters Brotherhood of Carpenters Frank A. Nelson

Woman Walks sixteen miles weekly for snuff supply

An eighty one year old woman in Peru Indiana travels sixteen miles every week to obtain snuff. The note asserts indigestion caused many illnesses and credits Burdock Blood Bitters with strengthening the stomach and preventing indigestion.

Peru, Ind

Also Mentioned on This Page

Stock Market Boston Market New York Market Cochiti Gold CO Percy Ae Il OCR Wesson The Cambridge Lowell Boys Spencer Trask & Co Pine St N. Y. Stock Exchange Philip R. Hovey Investment Securities State Street Fisk & Robinson New York Stock Exchange Nassau Street Mass Courier-Citizen Company England Delarey Sieze Magersfontein General Methuen Gen. Methuen Supreme Court Illinois Law Tata Pra Aldermen Committee On Appropriations Tewksbury Almshouse City OF SEC Cong. Moody of Haverhill White House Congress McKinley House Moody Mr. Moody Theodore Roosevelt Secretary of the Navy Foss Ilinois Naval Committee of the House Lodge Navy Department Hoar Harvard Comespany’s W. H. Moody Nicholas G. Norcross Insurance Central Street Lowell, Mass
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