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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Jun 05, 1891
Page
5
New York money market shows ease as gold exports reach 4.6 million. Bank surplus rises by 2.31 million with cash holdings up 1.29 million, due to lower reserve requirements and lower deposits liabilities. Treasury can release up to 20 million if crop movement tightens, while long term loans remain readily available.
May statement from Secretary Foster shows total aggregate interest bearing debt and non interest bearing debt including national bank fund deposits. It lists total cash in treasury and net debt for May 31 1891 with the monthly increase and notes changes from April.
A Nebraskan confesses to killing his wife Matilda Szwald in Wayne on September 25 19 54 after she locked him out and he found her dead by hanging. He also claims to have murdered a first wife by poisoning in Minnesota. The report notes a coroner verdict of suicide in the Wayne case and cites further international and local items in the same edition.
Alex Dunlap a Black railroad laborer held about 200 Italians at bay near Utton West Virginia from early morning until afternoon when he was arrested. He used a rifle and shot two Italians inflicting fatal wounds in the clash.
Citizens of Orden pass resolutions denouncing Sam Smail for charges against Osden University management and urge a Methodist conference inquiry this June. The note mentions a Supreme Court railroads suit and stock figures in the Northwest.
The Market Record shows total stock of 15,841,455 bushels in Minnesota and the two Dakotas, up from 15,304,100 a year earlier. Weekly delivery totals include 11,474,455 bushels with a decrease of 494,650 bushels, while country elevators hold 2,367,000 bushels, down 2,000.
The American University organization is formed with incorporators including Gov Pattison and Sen McMillan. Trustees include Bishops Bowman Newman Vincent and Wilson along with other leaders. Ex officio members include the president and vice president, chief justice, and House speaker. An appeal for 5 million dollars is planned to begin work.
Chicago leaders decide that 2.5 million dollars must be raised privately for the Columbian Exposition company. The ways and means committee recommends creating a bureau of subscription to gather funds. The move follows New York’s push to insure state representation and broad public support beyond the city.
The Presbyterian general assembly voted 440 to 58 to veto Dr Briggs's appointment at Union Theological Seminary. Friends sought compromises but were defeated. The result could split the Presbyterian church and directors may resist or sever ties. Prof Brizes resignation reportedly with seminary directors.
War department orders abandon Forts Lincoln N D Fort Lewis and Fort Shaw Mont. Troops will be reassigned to larger posts within their departments as settlers oppose loss of revenue from the small posts. Secretary maintains Sheridan era policy and will accelerate until new posts ready.
In Tylerstown Pennsylvania a blaze at Henry Phillips house killed four people, including George T. Turner and Mrs. Henry Phillips, after a night of heavy drinking. The coroner ruled the deaths as caused by burning linked to excessive liquor use.
Commissioners appointed by Congress have negotiated with tribes on the Great Colville reservation in Washington. After a month in Spokane Falls they secured an agreement to cede about 1,500,000 acres, more than half the reservation, to the government at one dollar per acre and open it to settlement.
Report from Spring Valley Illinois notes miners angry over operators replacing sieves with diamond screens raising ore value 200 to 300 pounds per ton in favor of the company. Workers threaten to quit until old screens or gros weight system is restored or adopted.
DUN'S REVIEW OF THE WEEK notes that a gold drain in April and May caused little alarm, helped by favorable crop prospects and general commodity price softness. It reports weaker receipts in Chicago for four and grain and other goods, solidities in money markets, and a weekly business failure tally of 247, up from 24 the prior week.
A court absolved Plenty Horses of murder in the Casey case, ruling the killer was justified if a state of war existed. Judge Shiras directed the acquittal, finding war existed at the time, aided by Frank Baldwin who testified Casey was a war spy reporting on Red Cloud and other chiefs.
A private Mexico City letter from a well-connected businessman argues Mexico quietly aids Chilean insurgents. It cites Esmeralda coal access, Mazatlan advices on war materials from San Francisco moving to ships of Chilean insurgents, and rumors of a Mexico San Salvador pact against Guatemala.
The May debt statement shows a $250,000 increase tied to unusually large April disbursements and reduced treasury funds. Pension payments totaled $8,500,000, with $17,500,000 due for the current quarter to be met in June. A steamer from New Hebrides reports widespread anarchy and 600 native deaths with bodies eaten by victors.
Two world records fell at the Inter Collegiate association field meet in Berkeley. Princeton's L H Cary ran 220 yards in 21.3 seconds beating the 22 second world mark, and Yale's H L Williams completed 120 yards in 15.45 seconds surpassing the prior 16 second record.
A Newfoundland Assembly debate over a local coercion act mirrors imperial policy. Morine protests the act, but the government pushes through readings amid controversy. Indignation rises as prisoners are discharged and public sentiment sharpens toward coercion and colonial loyalty.
Sealed orders sent to the revenue cutter Bush to sail for Behring Sea as U S. aims to curb illicit sealing. Canadian poachers and early departures complicate enforcement with two weeks of unrestricted seal fishing likely. Diplomatic gridlock foreshadows no near closure of the Behring Sea. Separately the Knights of Pythias vote on admitting liquor dealers to membership in a heated Cincinnati session. Mrs. Landry reputedly won a vast sum at Epsom Downs racing with rumors of twenty-five hundred thousand pounds noted.
James McHenry, hailed as a kingmaker in Erie battles, helped depose Gould and Fisk and restore order while orchestrating plans to place Alfonso on Spain's throne. His Oak Lodge, Kensington estate hosted Isabella and Alfonso, and dealings with Crouch and Barlow highlighted vast fortunes. McHenry died of bronchitis, stirring Wall Street interest.
In New York City Pasquelera Robertello a young Italian woman was acquitted after a sensational trial for shooting her lover who allegedly assaulted her and broke his marriage promise Jurors cried out not guilty before a poll and celebratory cheers erupted with spectators on seats and aisles The article notes a later reference to Yale students adopting cap and gown garb for their graduation year
Baseball notes reflect tight pennants across leagues with Omaha Chicago leading in the American Small Leagues and Western circuit. Lincoln slides, while Milwaukee and Denver struggle. New York and Cleveland contend in the East, and Boston rivals for top in the American Association with St. Louis and Indianapolis potential shifts amid player moves and weather impacts.
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