End of Corn Deal Ends After Click
A trade agreement for corn collapses following a key decision point described as a decisive click. Officials and producers respond with cautious statements as market expectations shift.
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16 Jul 1902
Page 1
Muscatine Journal in Muscatine, Iowa
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This newspaper page contains 20 articles. Subscribers can read the full text of each article.
Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 16, 1902
Page
1
Gates Bull Pool Ends Largest Corn Deal On Chicago Board
A historic July corn deal led by John W. Gates and the Wall Street bull pool collapsed as prices fell from 80 cents to 65 1/2 cents. About 20 million bushels were bought for July delivery with 15 million still to settle, while 827 cars arrived in Chicago and another 410 expected as the pool liquidated.
MENTIONED IN THIS ARTICLE
Chicago
John W. Gates
Wall Street
George H. Phillips
Gates
Shorts
Harris, Gates & Co
Charles G. Gates
J. F. Harris
Colonel Ellwood
John Lambert
John Dupee
Bull Pool
Gates Bull Pool
Illinois
Cyclone Ravages Dakotas Leaving Towns Wrecked
A cyclone swept northeastern North Dakota and southeastern Manitoba causing immense damage to Borup Eldorado Thompson and nearby areas. Telegraph lines were wrecked and structures were destroyed though reports indicate no fatalities. The storm moved into Minnesota near Grand Forks toward Crookston impacting Meckinock Gilby Inkster Con way and other towns.
MENTIONED IN THIS ARTICLE
St. Paul
Minn
North Dakota
Borup
Eldorado
Thompson
St. Vincent
Great Northern
Minnesota
Grand Forks
Crookston
Meckinock
Gilby
Inkster
Conway
Farmer slays 400 gophers with a club in field
Topeka July 16 James Watson a Cloud county farmer waded to a water surrounded knoll in his bottom field and dispatched 400 gophers with a club He carried the scalps to Concordia and earned 40 dollars as bounty.
MENTIONED IN THIS ARTICLE
Topeka
Kan
James Watson
Cloud County
Concordia
Kansas Heat Wave Hits Topeka as Temperatures Reach 98
Topeka reports 98 degrees with widespread prostrations as Kansas endures a severe heat spell. Ground moisture favors rapid corn growth while residents cope with record heat and fatigue.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Steel Trust Valued At 1.4 Billion In Suit Over Bond Plan
Newark July 16 The United States Steel Corporation filed its answer before Vice Chancellor Emory in a suit challenging a 200 million bond conversion plan. The reply states assets total 1.4 billion including 400 mills 75 blast furnaces ore properties gas fields and large cash and in process material. Earnings exceed 140 million annually with substantial savings from ore transport and coal properties. The filing aims to counter claims that Schwab Trimble and the president certified the properties were worth par value after debts.
MENTIONED IN THIS ARTICLE
Newark
N. J
United States Steel Corporation
Emory
William H. Curtiss
Bernard Smith
J. Aspinwall Hodge
Schwab
Trimble
Strikers Return to Work Amid Entombed Worker Death
Workers resume duties after a strike while a man entombed in a collapse is reported dead. The incident prompted safety investigations and union calls for reforms.
Defeat for Strikers Ends Utah Freight Handlers Strike
Powder explosion at the Daly West mine near Park City entombs about 100 miners. 27 dead and 35 bodies recovered with many more feared dead. Federation of Labor refuses to support the strike, leading to its virtual end as workers return to freight houses and shipments resume.
MENTIONED IN THIS ARTICLE
Salt Lake
Daly-West
Park City
Ontario
Federation
State Board of Arbitration
Rule Requires Costs Paid Before Divorce Record Made
Indiana judge rules all costs in divorce cases must be paid prior to the record being prepared for the divorce. Judge H C Ryan of Madison Superior Court issued the order in Windfall Indiana on July 16.
MENTIONED IN THIS ARTICLE
Indiana
H. C. Ryan
Madison
Lynn shoe manufacturers aim to supply foreign markets
Lynn mass boot makers launch a bold campaign to shoe the world. The Lynn Board of Trade has opened contact with U S consuls to gather reports on shoe markets abroad and plans to push Yankee footwear into global trade.
MENTIONED IN THIS ARTICLE
Lynn
Mass
Boston
Lynn Sudge
Board of Trade of
United States
Corn Slump Reverses Slightly as Foreign Buying Appears
Chicago July 16 report shows July corn dropping 2 cents to 63 1/2 cents, then briefly rising to 66 as foreign buyers, who had been net short, supported the market. Overall, the session remained weak and featureless with little decisive movement.
MENTIONED IN THIS ARTICLE
Chicago
Feted by Numerous Progeny William E Swim Celebrated in Pana
William E Swim aged 87, father of eight children, four sons and four daughters, hosted a family reunion in Pana Illinois on July 16. He received a Morris chair as a gift and is survived by thirty five grandchildren nineteen great grandchildren and one great great grandchild.
MENTIONED IN THIS ARTICLE
William E. Swim
Pana
Ill
Swim
Sen Platts Birthday and Maxims Power of Platt
Senator Platt celebrated his birthday at the Oriental hotel in Manhattan Beach. Born July 15, 1833 in Owego Tioga county, he remains NY residence and Republican boss, guiding indorsements and party strategy. He favors plain speech, honesty, usefulness, and cautious promises. Roosevelt relations are cordial, with mutual respect and strategic alliance.
MENTIONED IN THIS ARTICLE
William E. Curtis
Record-Herald
Senator Platt
Owego
Tioga County
Erie
Oriental Hotel
Manhattan Beach
Platt
Philadelphia
New York
House of Representatives
United States
Roscoe Conkling
Roosevelt
Mr. Platt
Thunderstorms Expected Over Iowa Tonight and Thursday
Partly cloudy tonight and Thursday with afternoon storms possibly extending eastward. Warmer conditions tonight in the east portion, with cooler air arriving Thursday, especially in the west.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Des Moines Republicans Prepare for Harmony at July Convention
Des Moines July 16 The local committee members C L Gilcrest Henry Nollen D E Whisen and Chairman Spence held an informal meeting to set convention plans. A blue ribbon badge will feature a button portrait of President Roosevelt. Funds chief Homer Miller says only $200 more is needed before July 30 in the convention drive.
MENTIONED IN THIS ARTICLE
Des Moines
Republican State Central Committee
C. L. Gilcrest
Henry Nollen
D. E. Whisen
Spence
Roosevelt
Homer Miller
Grant Club
Lightning Claim One More Life in Maquoketa
Maquoketa Iowa July 16 Special Peter House brother of Judge House was instantly killed by lightning at 5 this morning while checking stock near the city. Two cows also perished. He was 65, leaves a wife and four children. This marks a third accidental death in the family in three months.
MENTIONED IN THIS ARTICLE
Maquoketa
Peter House
Judge House
Taft Receives War Root Cable on Philippines Religion
Rome July 16 William H Taft governor of the Philippine Islands received a long cable from Secretary of War Root outlining the basis for the reply to the Vatican note on religious affairs in the Philippines. Judge Hart and advisers work on the reply to be delivered to the Vatican Wednesday.
MENTIONED IN THIS ARTICLE
Root
Philippines
Rome
William H. Taft
Philippine Islands
Vatican
Art
Speedy Horses for Fair in Waterloo Meet
Seven thousand dollars in purses offered for speed events at the upcoming fair in Waterloo promising strong racing. Ten races listed with purses ranging from 500 to 1900 dollars, attracting top horses and bidders from surrounding counties.
William Still dies father of Underground Railroad in Philadelphia
William Still a famed figure in abolition and education died at his Philadelphia home at about 80. He leaves an estate estimated between 750000 and 1000000 dollars. Born in Chemung New York his parents were enslaved but his father bought freedom and his mother escaped southern bondage.
MENTIONED IN THIS ARTICLE
Philadelphia
William Still
Underground Railroad
Still
Chemung
N. Y
Gates Family Quiet After Corn Deal Fallout
John W. Gates arrived from Chicago and secluded himself in his office, then appeared in the outer office smiling. He offered little on the corn deal, deferring to his partners as the firm’s position is recalled as open and public.
MENTIONED IN THIS ARTICLE
New York
John W. Gates
Chicago
Charles Gates
Also Mentioned on This Page
Chicago Board of Trade
Dakotas
Steel Trust
Vary
Ion
Federation of Labor
Sen. Platt
Atchison
Mo. Pac
UN. Pac
So. Pac
Tex Pac
Gt. Westn
Penna
So. Ry
Wabash - 30
U. S. Steel
C.F
B. R.T
Manhattan
Westn UN
Taft
Columbus Junction
Fairfield
Waterloo
J. H. Pearson
Ainsworth Clipper
Tom McCoy
Wapello
F. M. Colton
J. C. Mitten
F. M. Mossberry
B. E. Griffith
J. B. McElwain
E T. Foster
Samuel Robertson
C. A. Carpenter
G. W. Brearman
Chas. Eliason
Robert H. Wilcox
William Sink
D. R. Foster
Champion Binder Company
Wilton
J. R. Smith
Couty
Curran
Morning Sun
Sam Dickey
W. P. Paugh
Charles
Washington State
K. of P. Hall
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