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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
May 02, 1901
Page
1
Opinion split over J Pierpont Morgan buying the Leyland fleet. Some say it boosts American pride and ship demand, others argue the Morgan fleet proves the merchant marine can grow without subsidies and that any subsidy would be absorbed by trusts. Union Pacific stock trades heavy in early hours, hitting 129 at noon.
Columbus Junction reports a color shift as Milwaukee surveyors push through Cone and Goose Creek valley. A semi official notice suggests Rock Island line will serve the town, with cars possibly coming soon to serve points east west north and south.
Allison May 2 Ark Leverich a desert er from the United States army is in custody at Allison. His home is Shellrock Butler county Iowa he enlisted last fall in the regular army at Kansas City for three years after deserting a reward was offered for his capture he turned himself in April 30 and is confined in the Allison jail.
Harry Helphrey of Mt. Pleasant was instantly killed while plowing when a loaded gun slipped from his hands as his horses started. He was recently married and lived northeast of Mt. Pleasant. his father is Daniel Helphrey.
Paris reports French minister Pichon presented the indemnity committee's findings. China is to pay a fixed sum of 253 million dollars, with the decision announced via dispatch from Pekin.
Chicago reports corn touched 50 cents yesterday with Philips accumulating 2,600,000 bushels and paying cash. Much of the purchase was below 40 cents. Oats also cited as cornered and showing strength.
Yokohama reports May 2 that the cabinet led by Marquis Ito has resigned. The Ito cabinet, in power since last October, faced sharp criticism from the press and public.
Arch bishop Ireland has pressed Washington officials on the friar issue. He met Secretary Root and supported McKinley’s policy. With insurgency ended, the key question is whether friars can return to former parishes, a matter the Philippine commission deems unacceptable.
A dramatic incident sends corn soaring to 55 cents a bushel as King Phillips outlines a bold plan to stabilize the market. The spectacle grips observers and signals tense control of the grain trade dynamics.
Chicago May 2. Corn shorts faced a merciless squeeze as Corn King Phillips drove May futures to 55 cents. Traders chased bids at 50 and 51 before panic lifted the price, with a brief pause at 54 and renewed demand pushing the grade to 55. In New York stocks opened uneven after London prices, with Union Pacific peaking at 152 then slipping to 127 1 2. Wall street laughter greeted Russell Sage's Black Friday forecast as the market turned against him.
West Liberty public library was turned over to the town yesterday, following last year’s election approval. President Hughes delivered the presentation speech, with a response and acceptance by Mayor McFadden at the formal ceremony last night.
Chicago May 2 Special indications for Iowa expect a fair night with Friday generally fair and the west portion likely to see showers.
The semi centennial meeting of the Iowa State Medical association will be held in Davenport May 15 16 and 17. The program has been issued and promises one of the best meetings in the organization’s history. Local committee reports many inquiries on hotels and railroad rates indicating large attendance.
Kensett, seven miles south of Northwood, was wiped out by a blaze that started in Tucker's livery barn just before noon yesterday and burned for three hours before firemen subdued it.
A Pekin dispatch reports a Mukden battle with 60 Russians killed including four officers. In Amsterdam, Boer field cornet H. J. Louw says the British destroyed the Boer war monument at Ol At Paardekraal. Boers pledged to keep fighting until they can rebuild.
A mentally troubled woman reportedly threatened workmen by claiming she was starting a fire in an alley. She spoke of fires near West Sixth and Seventh streets but no blaze was seen. Authorities have not identified her or confirmed involvement.
The body of nine year old Joseph Rosenfield was found today confirming the fear that he and his three younger siblings were drowned by their father who killed himself a week earlier.
St John meetings grow in interest with events at the Y M C A and First Presbyterian church. Mrs St John led the Y M C A session urging outreach to nonattenders and stronger church social life. She recommends a suitable hall for men with papers, games, and casual discussion to curb temptations.
New York May reports the Standard Oil Trust will declare a 20 percent dividend on its capital stock of 100 million next Tuesday. This adds to already declared dividends for the year, bringing total distributions to sixty million dollars or sixty percent of capital.
Professor A R Crook of Northwestern University tells a heart to heart class he has never kissed a woman and never used tobacco or alcohol. The bachelor, 37, a Northwestern veteran since 1893, educated at Ohio Wesleyan and Munich, draws blushes from female students and curiosity from peers at Woman's hall.
Ottumwa reports the body of Abbe Lafferty, missing since March 13 from Eddyville, was found near Chillicothe with a gunshot wound under the right arm. Identified by clothes and keys, no inquest was held, and burial is scheduled for this afternoon.
Columbus Junction reports the death of Arthur S. Butter known as Dick son of C F Butter. A telegram from Empire Colorado announced his passing after a week westward. The funeral plans await arrival of the body expected today.
Chicago May 2 cattle receipts 13000 steady Reeves 5.40 to 5.90 butcher 3.00 to 2.50 Texans 4.35 seas hogs receipts 26000 average 5c higher light 5.57 to 7.85 mixed 5.50 to 5.90 heavy 6.75 to 5.90 Succop receipts 12000 steady to strong 3.56 to 4.00 lambs 4.00 to 5.25
London May 2 reports the King may purchase Craigy-Nos castle the home of Mme Adelina Patti Baroness Rolf Cederstrom in South Wales from Patti's heirs.
The Lehigh Valley railroad corridor between Niagara Falls or Buffalo and New York and Philadelphia is praised for entrancing scenery. Passengers are greeted by panoramic views at every turn with fast trains and dining car service available.
A prominent laundryman warns that many laundry bundles contain items not meant for cleaning. Jewelry is often found among shirts and cuff links, and drivers sometimes mix up bundles on porch drops. A box stores these miscellaneous articles and owners are glad to be informed when items are recovered.
The text notes that no groceries or articles have arrived this spring but bundles containing Easter Sonnets have been sent. It advises the lady of the house to inform her servant about the contents of these many packages to be sent from the home.
Kansas City May 2 Police Judge McAuley remitted the $500 fine for obstruction of sidewalks saying the fine and his speech were prearranged for mutual advertising. Carrie Nation is the subject of the case in this prearranged dispute.
The New York yacht events move from Sandy Hook to Newport with races scheduled June 3, 4 and 5 to determine the defender for the America cup.
The notice states Schuudt Bros hours restrict access with doors closed each evening after six except Saturdays, outlining a local business schedule and weekend exception for customers and deliveries.
President McKinley, escorted by mounted police and a Louisiana cavalry troop, visited the Southern University in New Orleans this morning. The presidential train is set to depart for Houston, Texas at 6 tonight.
The Vanderbilts are generally believed to have secured control of the Union Pacific. In the process, stock prices rose about 27 points during the deal's consummation, as reported from New York on May 2.
Washington reports that in the past year Iowa organized 44 national banks with a combined capital of 1,560,000 dollars. Illinois and other states also expanded, reflecting a nationwide trend in financial expansion.
A seedy stranger using a counterfeit $50 bill attempted to buy a suit at the Peoples Bargain Store in Muscatine this morning. Store owner Siegel confronted him, the man fled, was tracked by Officer Purcell, arrested at the M N & S yards, but the bill was found discarded in a pocketbook. He gave the name William Foote of Tipton Iowa and stated untrue past employment and lodging claims. Police suspect involvement in recent city burglaries and believe he may have been in Muscatine for weeks.
The public is invited to a free gymnasium exhibition at the Y M C A gym on Friday evening. The program includes aerial acts tumbling juggling and other feats by city’s top athletes. The event aims to surprise attendees rather than be an amateur show.
The Muscatine County Medical Society holds its annual meeting in the Young Men's Christian Association parlors with about 25 physicians from West Liberty Wilton and nearby towns attending to transact important business. Fire crews raced to a shell house by the river behind the Muscatine Sash and Door factory at 3 p.m. keeping the blaze from spreading.
The Duke and Duchess of Fife formally opened the Glasgow exposition today as crowds gathered in Glasgow on May 2 for the ceremony marking the event.
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