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Newspaper
Semi Weekly Reporter
Location
Waterloo, Iowa, United States of America
Date
May 19, 1908
Page
4
Henry Cluws reports in New York that a powerful financier group controls cheap money to push stock prices higher through the year. He notes excess securities issuance, limited bank credit, and uncertain demand, urging patience and adaptation while predicting better times with favorable crop prospects and monetary stability.
The Waterloo horse market opened briskly with strong demand for preferred classes. Prices edged up slightly from Saturday for the best stock while drivers and work horses sold on steady, reasonable terms. cattle shown firmness with good killers and veals trading near last week’s levels and stockers and feeders showing solid activity. Hog prices opened steady with light receipts and poultry and grain markets remained subdued with generally firm prices on light demand.
Large audience watches as three monks remain from the Evangelical Association church project. Monks were honored by Rev Bauern with others assisting. Two escaped during transfer and were last seen crossing a bridge toward Chautauqua Park. The remaining monks facing a cold winter’s fate, most perished, few survived to see another summer in the north. Parson L. Parsons retires after 44 years with the Kelly-Taney Hill Company. ownership passes to G. J. Schdumeloft. Parsons will seek a private business focus and manage realty dispositions across several states.
The butter trade shows a weakened opening with Choice creamery at 21 cents and other butter quotes near 34 and 20 cents. Flour market remains satisfactory with steady demand and unchanged first day prices. Hay and feed markets vary with firm prices for Timothy and straw, while hides trade runs light as is typical for the season.
About 6:00 Sunday Officer Widmann surprised two boys robbing LaTier cigar stand in the street car waiting room. They carried gin, tobacco, peanuts and cigars valued at about eight dollars. The quartet of youngsters, ages 10 or 11, admitted thefts and were released after a stern talk from Judge Kepford.
A Roosevelt ally lauds Senator Allison for long championing civil service reform and related measures. The piece argues many reform laws came from Allison before adoption and credits his work with making civil service effective, noting potential dismissals if Iowa officials faced federal rules.
The Greenburg household welcomed twins on a Sunday visit from Mother Stork. A girl died soon after birth and was taken to Cedar Rapids for burial. The boy remains healthy and cherished at home. Miss Ida Tragge traveled to Bethany at Osage Iowa for a week.
Rev C Blund of Des Moines delivered a sermon from Promist Peter 2 5 and Eph 2 20 to a large congregation in the basement of the Eget Side Carnelia library. Rev Prind and Rev Bauernfeld spoke at the corner stone laying and a copper box with Bible hymn book church history and city papers was sealed for centuries. An ample freewill offering was gathered for the building fund.
Members praised the pastor's vision for a debt free dedication as construction moved ahead. The ceremony featured a simple, impressive laying of the cornerstone by contractor George Seales with Rev. Plund tapping the stone three times to finalize placement marking the church’s progress.
At 4 00 Sunday morning fire broke out in the barn of Ww. J J and J A Peverill at 431 Cherry street Cedar Rapids. The blaze gutted a hay and feed store with two teams of horses. One horse perished and the other injured. two sets of harness were lost. Loss estimated at 1000 with 700 insured in Farmers Bank Cedar Rapids. A second alarm at 2 PM found smoldering hay but no further damage. Suspected overnight occupancy. no light or witnesses.
City league quiet spells hit away games as Red Sox lost to Independence 6 0 and the Three W s fell 18 0 at Fairbank. Iowa Dairy dropped a 8 3 decision to Jesup while later beat Cyclones 3 2. Reporters say practice and luck shape a season nearing, with Bay area scores and battery details noted. Local convention of Texas City Marshals and Chiefs of Police convened to boost state association, meet three days, discuss membership and effectiveness.
New York May 1 A notable assembly of business men from 11 branches of U S manufacturing opened the thirteenth annual National Association of Manufacturers convention at the Waldorf Astoria. Twenty thousand firms and individuals are represented. Speakers at the monster banquet include Wu Ting Fang Senator Leveridge Littlefield Gifford Pinchot Governor Fort and General Fred D Grant with other notables. Engineer Crochet taking a few days off from passenger trains 4 and 5 on the east end vacationing at Freeport home.
Baton Rouge May 18 Jared Sanders was inducted as governor of Louisiana in a ceremony attended by the general assembly supreme court and state officials. A militia parade brass bands marching clubs and social groups followed the oath and a grand inaugural ball concluded the day at the state university.
Florida voters head to the polls to nominate a U.S. senator and three district congressmen plus state and county officers. The race centers on the U.S. Senate contest with Gov Broward Lamar Beard Gilchrist also in the field. Bryan is expected to secure the solid delegation, though Herrin opposes and seeks freedom to vote his ballot.
Montgomery Alabama May 18 A general democratic primary is held today to select delegates alternates electors and various state officers. Results will be equivalent to an election with attention to Gov Johnson and William J Bryan as favored candidates while most incumbents appear renominated. Southern gas companies organize in Atlanta to exchange views for industry welfare across several southern states. Fresno Democratic state convention in session to choose delegates at large to the Denver convention and favored Bryan for the presidency. Fleet leaves San Francisco with most battleships heading to Puget Sound. two ships detached into a special squadron under Captain Barber awaiting arrival next week.
We summarize a sales pitch from a Texas firm claiming ownership of 100000 acres of rich Panhandle farmland offered at very low prices. Pay a small down payment, with the balance due in ten years at a low interest rate. They promise the best low priced land for investment or a filming proposition and invite contact for a booklet.
A Waterloo merchant was fined 25 dollars Saturday night for interfering with an officer in discharge of duty while a team was to be moved from East Fourth street. A real estate dealer was fined 5 dollars for letting a horse stand on the same street. fines suspended on good behavior. Several teams were moved to side streets or barns to clear the thoroughfare. Back on full time at Timins Central shops, 400 men to return to nine hour days, six days weekly, increasing payroll by about 1800 dollars. Earlier, workers were reduced to four days. later laid off. operations resume due to increased work and locomotive repairs. J C Payne left for a fishing trip to North and South Dakota.
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