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Newspaper
Lowell Daily Courier
Location
Lowell, Massachusetts, United States of America
Date
Mar 28, 1902
Page
7
General observance of Good Friday in Greater New York led to the six city exchanges New York stock consolidated stock cotton coffee produce and metal suspending business with no sugar market. Banks remained open and many churches held services with special prayers between 12 and 3 PM. Produce Exchange plans to resume tomorrow while others adjourn until Monday.
New York March 28 The revised constitution of the New York stock exchange is effective from today. The key change requires stocks with par value over 10 dollars to be quoted in percentages, while stocks of 10 dollars or less remain in dollars. Only Anaconda and a few miscellaneous mining shares are notably affected.
New York reports the Emperor William's yacht Meteor NIT. nearing completion with sails bent and stores aboard. by tomorrow morning she will begin a sail stretching trial from Kill von Kull to Stapleton Staten Island then toward Sandy Hook and the sea. if satisfactory, a voyage to Europe will start immediately.
Chicago bond houses purchase 6.69 million dollars of Mexican government redeemable five percent bonds series four. The issue, payable in Mexican dollars with principal and interest in New York, marks the first Mexican issue payable in this country. Proceeds fund wharf and dock construction and railroad extensions.
Paul Morton vice president of Santa Fe says Roosevelt aims to enforce the interstate commerce law but favors amending or repealing it. He asserts some act of that description will stay and urges trimming the law so railroads can comply without loss of business or penalty.
Chicago march 28. The Los Angeles Athletic Club demands a refund of the forfeit money posted to insure the bout. The move closes the Jeffries Fitzsimmons incident for the Los Angeles club. The club proposes a fight with Denver Ed Martin, who beat Frank Childs, but Jeffries won’t fight a colored man without champion recognition.
Sydney March 28 The revised official estimate of New South Wales wheat crop shows 1 599 008 acres will yield 14 705 000 bushels.
Buffalo March 28 Ex press reports a leaked tale that Karl Dallman, jailed for attempting to blow a Kingston lock in 1900, is Luke Dillon Irish National leader and ally of Dr Cronin. The trio mishandled dynamite at the Welland canal, failing to flood the area and cause massive loss of life.
Drs George F Jelly Henry R Stedman and H M Quinby visited Miss Jane Toppan at Barnstable jail for a second examination to gauge mental soundness. They met from about 10 am to 4 pm with a lunch break, and plan to report to the attorney general next week. If found not responsible, a Barnstable judge will hear evidence and commit her to an asylum.
San Francisco reports the transport Logan, idle at Mare Island dock for months, will be ready for service by April 10 after new furnaces and other improvements by navy yard mechanics. Captain Stinson remains in command. The Egbert, arrived yesterday, is expected to be the next transport to be overhauled and repaired.
Washington scene as House debates a seven member committee to probe claims from Walter Christmas that Denmark’s government offered $500,000 to bribe members of Congress and newspapers to push the Denmark US West Indies purchase. Richardson and Cannon clash over privileged status and evidence. committee named Dalzell Hitt Cousins McCall Richardson Dinsmore Cowherd.
In Lowell the mill situation risks a major strike as 17,000 operatives face unemployment and $1,500 weekly outflow. Mill owners warn wage increases are impossible now, stressing outdated mills, competition with Fall River and New England, and the need for new machinery to stay viable. The State Board of Arbitration invites a meeting, and owners say they will explain why demands cannot be granted.
Washington March 27. Senate after convening favors a bill to correct the military record of Charles H. Hawley of Westerly Rhode Island. President vetoed a similar measure earlier. The bill would authorize the President to review the case and revoke the dismissal order. Senate also adopts a joint resolution naming board members for the National Home for Disabled Volunteer Soldiers. A ten cent per pound tax proposal on adulterated butter is introduced with stamping and penalties.
Manchester police yesterday arrested Joseph Gill, sought for alleged complicity in a highway robbery Sunday night. Joseph Parker already held for the grand jury. Lowell authorities will secure Gill at once.
In this city March 27 Mary Cahill 42. In this city March 27 Catherine Brown 61 at 144 High street. In New York City March 27 John son of Herbert A and Mary Buttrick. Remains to be brought here for interment. Funeral at Lowell cemetery Saturday morning March 83 at ? o'clock. Friends invited.
A glass house to be used as a solar room is being built at the government sanatorium for tuberculosis at Fort Bayard New Mexico. During the last two years the government has expended about $200 000 on this institution.
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