Expenditures and Pass Proposals Dominate 1902 Rail News
A 1902 plan by the Pennsylvania Railway to spend about 25 million on rolling stock dominates this week’s rail news. Most funds cover 19,000 cars and 6,000 locomotives, with 400 locomotives for eastern lines. Passes will be abolished from January 1, affecting major lines and Vanderbilt system partnerships.
MENTIONED IN THIS ARTICLE
Pennsylvania Railway Company
Pittsburg
The
Central Passenger Association
Columbus
Ohio
New York Central
Michigan Central
Lake Shore
Nickel Plate
Big Four
Lake Erie
Western
Boston and Albany
Vanderbilt
Pennsylvania
Baltimore and Ohio
Vandalia
Norfolk and Western
Chesapeake and Ohio
Erie
Market Outlook After McKinley Assassination and Northern Securities
Informed observers see no near-term change in favorable economic conditions. The McKinley assassination caused a brief pause in promoter activity, but the shock soon faded and business improved across most sectors. The Northern Securities settlement ends the Northern Pacific conflict, with mixed implications for the rail system and public impact to unfold. Gold exports remain sizable, Wall Street anticipated the settlement, and bank clearings in Chicago hit a record high with a 16 percent year-over-year gain. Wheat prices trend upward with late rallying, oats reach seven-year highs, and corn is buoyed by Western demand. Hog prices slip under heavy supply, while staples like potatoes butter and eggs rise as consumption keeps up with production.
MENTIONED IN THIS ARTICLE
McKinley
Northern Securities Company
Northern Pacific
Northwestern Railroad
Wall Street
Chicago
Europe
Board of Trade
Grain and Livestock Prices by City Report
A report lists cattle hogs and sheep prices in Chicago Indianapolis St Louis Cincinnati Detroit Toledo Milwaukee New York Buffalo with ranges for wheat corn oats rye and dairy products. It notes grain blockade at Buffalo and total arrivals at the Chicago horse market for the week standing around 250.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
St. Louis
Cincinnati
Detroit
Toledo
Milwaukee
New York
Buffalo
Disaster at Telluride Mine As Hundreds Trapped
A fire in the Bullion tunnel of Smuggler Union Mining Co near Telluride Colorado trapped about 200 miners. About 100 are believed dead. Flames began from a faulty flare, smoke filled the tunnel, rescuers freed some, but many bodies were recovered as the fire devastated buildings and tramway terminals. Insurance covers $50,000 in losses.
MENTIONED IN THIS ARTICLE
Bullion
Pandora
Sheridan
Commission
Seven Die as Santa Fe Wreck Kills Crew near Franconia
A Chicago to Pacific coast Santa Fe limited train collides with an eastbound near Franconia Arizona, killing seven trainmen and injuring seventeen passengers and crew. Fire, boiler explosions, and wreckage trap crews as both trains fail to clear a siding and speed precludes warning.
MENTIONED IN THIS ARTICLE
Santa Fe
Limited
Chicago
Pacific Coast
Franconia
Ariz
Nivo
Case
Armitage
Sam Brown
Santa Fe Road
Arizona
Northern Pacific stockholders defeat plan to merge railroads
Holders of Northern Pacific preferred stock thwarted the Northern Securities Company proposal to combine Northern Pacific Great Northern Chicago Burlington Quincy Union Pacific and Southern Pacific. The plan would retire 750000 shares of preferred stock and stockholders vow to sue, arguing directors lacked authority. Local items note Sparka from the Wires anti matrimonial club in Waverly and Nansen seeking more Arctic exploration.
MENTIONED IN THIS ARTICLE
Northern Pacific
Northern Securities Company
Great Northern
Chicago
Burlington and Quincy
Union Pacific
Southern Pacific
Sparka
Waverly
N. Y
Nansen
Hawick
Scotland
Carnegie
Jacksonville
Fla
John Childress
Miner
Providence
Patterson
Calcutta
India
England
Fred Stanley
Washington
N. J
Frances
Schwab
Steel Trust
Lost gold mine found in Beulah district Colorado
A Beulah district gold mine in Colorado has been rediscovered by J T G McCarthy Ralph Davis and J Beazley. The shallow shaft and short tunnel yield ore with high values upon assay. The case recalls 1881 digging by Nigger Davis and Tom Bennett and a fatal pick strike. Ore re assay confirms potential value and a permanent camp may form.
MENTIONED IN THIS ARTICLE
Colorado
Beulah
J T. G. McCarthy
Pueblo
Ralph Davis
J. Beazley
Bennett
Davis
Hughlitt
Jers
Six Drunken Men Murder Schoolgirl in Mount Hope
Six hunters are jailed at Mount Hope in Oklahoma charged with riot and murder after riding into a schoolhouse and firing on pupils. Anna Green, eight, was killed and Johnny Williams wounded as glass shattered and chaos spread. A posse captured the assailants and the town reels from the brutal event.
MENTIONED IN THIS ARTICLE
Mount Hope
Anna Green
Indian Territory
Johnny Williams
Coachman
Fatal self engagement follows burglary fear in Austin
W B Brookman, a linotype operator living at 5735 Cedar street, Austin, shoots at a burglar then kills himself. He had long feared burglars and kept a revolver under his pillow. At 630 am he fired at a shadow, the bullet nearly hit his wife, then he leaped from bed and killed himself with the same weapon.
MENTIONED IN THIS ARTICLE
Wm. B. Brookman
Cedar Street
Austin
Til
Mollie
Brookman
Buffalo Treasurer Removed Over Inaccurate Accounts
Mayor Dieht removes Buffalo City Treasurer Philip Gerst amid charges of borrowing over 40000 to cover a 40000 shortfall and misappropriating city funds during the current year. Gerst denies wrongdoing and says the city will lose nothing. Other items: a Chicago workman kills a union member. English firm wins cable contract. church fire destroys a Darmstadt building with deaths. gas explosion injures workers. a Pennsylvania railroad wreck. Africa bridge contracts. Bonine trial begins. skaters drown. Santa Fe collision kills seven. Queen Draga reportedly slain.
MENTIONED IN THIS ARTICLE
Dieht
Philip Gerst
Buffalo
Gerst
Ager
CAN FIND KIDD'S TREASURE, Egg Harbor City Man Claims Secret
George Otto a prominent Egg Harbor City New Jersey businessman claims he knows the buried treasure of Captain Kidd. He says an 84 year old woman shared the exact location with him ten years ago and a recently found letter confirms the spot. Locals flock to learn the hiding place and hopefuls seek the vast riches said to line the river shores.
MENTIONED IN THIS ARTICLE
Eyg Harbor City
N. J
George Otto
Egg Harbor City
Captain Kidd
Otto
Minnesota Capital Claim Sparks Heirs Action
Quiet preparations are under way by the heirs of Charles Bazille of St Paul to reclaim the old capitol site once the state moves to the new building. They argue the site, donated with a revert clause if abandoned, should revert to Bazille’s heirs and that the condition is on record. The property covers a valuable block in the business district.
MENTIONED IN THIS ARTICLE
Jobrs
Bazille
Charles Bazille
St. Paul
Minn
Capitol Building
Bazillo
Capitol Square
Record of the Week Keith Hanged in Michigan City Prison
Keith died at 12 10 a m in the Michigan City prison death chamber after confessing to Nora Kiefer murder near Elderfield on April 10 1899. Bessie Decker 21 was found dead in an orchard near Hartford City with no signs of violence, while an insane man terrorized a Southwest Big Four limited train until removed by force. Kokomo 10 year old Cecil Champ died after telling a dream of her mother in heaven, and Elwood mill worker James Ebert was crushed by a falling load. Additional notes cover local industry losses and various minor incidents across Indiana communities.
MENTIONED IN THIS ARTICLE
Keith
Michigan City
Kokomo
Joseph D. Keith
Nora Kiefer
Elderfield
Bessie Decker
Decker
Hartford City
Bessie
Southwestern
Union City
Cecil Champ
Ceci
Cecil
St. Francis’ Catholic Academy
A. B. Coonfare
James Ebert
Elwood Tin Plate Mills
Also Mentioned on This Page
Ok. Qantt
N. Vain
Lanwiched
Missouri
John Montgomery
Cawood
John Miller
Virgil Craig
Roy
Joseph Bedford
Montgomery
Caracas
Venezuela
Haytien
Castro
Puerto Cabello
Ramon Guerra
Montauban
Joachim Garido
Col. Lynch
Galway
Dublin
Arthur Lynch
Horace Plunkett
Lynch
Plunkett
South Africa
Telluride
Colo
Union
John Nevala
San Francisco
Castle
Australia
Masonic Temple
Fort Wayne
Ind
East Lynne
Jack Sully
Sioux City
Iowa
Pete Waugh
Waugh
Taylor
Johannesburg
William Wayne
Anthony Wayne
Paoli
Society of Cincinnati
the Revolution
SS Mariets
Col
Kill Big Railway Combine
Manderson
Nebraska
Charles I
United States
Omaha
Charles A. King
King
Philippines
Monsignore Chapelle
Lil
Liliuokalani
Hawaii
Paul H. Girsdorf
Kansas City
Girsdorf
Stricker
Nash
Krep
Kilbourne
Dem
Thompson
Soc
Juergens
Richardson Union Reform
Penney
Pro
Monta
Blair
Mont
Ling. i. Ferguson Satro
Henry Ferguson
Everett
Wash
Tacoma
Newfoundland
Ella
Casparis
T. D. Rush
Seattle
Connecticut
Woodbury
Conn
Prospect Hill Mines
Vincennen
Vellutide
W. B. Brookman
Oosta
Andrew Burkhauser
Allis-Chalmers Company
George Trapp
Burkhauser
Trapp
Commercial Pacific Cale Company
Philippine Islands
Honolulu
Orick
Ninth and
Wabasha Streets
People’s Storage Company
Uncle Sam
Darmstadt Gymnastic Societies
Ernest Ludwig
Wheeling Gas Company
Buffalo Village
Pennsylvania Railroad
York, Pa
Africa
American Bridge Company of Philadelphia
Uganda
East Africa
Belle Woods
Charles P. Valency
Stanley McLeod
St. Louis Kay
Duluth
Draga
Bervia
Vienna
Kidd
Minnesota
Lizzie Ruthven
Scales
Tizzie Ruthven
Ruthven
Cuyahogan County
Edward Ruthven
Cleveland
Shipp
New Hartford
John Kefner
Lizzie Eaton
Brooklyn Bridge
China
Rance
Foo-Chow
Trance
Russia
Stettin
WII
Canada
Dominion
Great Britain
Nelson Shaw
Columbia
S. C
Nathaniel Williams
Seashore Express
Newport
Charles D. Toomey
Starry Kuhlwind
Wichita
Irian
Mary Mack
Alfred F
Jennie ©. Kendall
Albert Kendall
Watertown
Maas
Evanaville
Wilbur S. Sherwell
Ewanaville
Lena Renner
Tulsa
I. T
Stevens
Elian M.N. Stevens
Indiana
State Newa
Brid
Mary Pott
Gitsold
St. Mary's Church
Albany
Kenyon College
Whitestown
Terre Haute
Louis Lemiy
Clarica Wilson
George Brush
Perry County
Brush
Elmer Montgomery
Logansport
Hollingsworth
Russiaville
Floy Gilmore
Elwood
Manila
Minnie Coddington
Thorntown
Harrison & Rudd
Evansville
Charles W. Baker
Ralph Hun
Frankton