Operations Suspended as Colorado Silver Mines Close
Colorado mine owners resolve to stop silver production due to low prices. At a Brown Palace meeting ex-Governor J B Grant chaired the drive to shut down all mines and smelters, forecasting 25 000 to 30 000 workers laid off. New York quotes show weekly price declines of about 20 cents. A parallel note from Montana Great Falls reports largest ore shipments yet but orders to close moulton Galt and Nevada due to low silver prices, 200 men out of work.
MENTIONED IN THIS ARTICLE
Denver
Colorado
Brown Palace Hotel
J. B. Grant
Omaha
Grant Smelter
Montana
Great Falls
Mon
Niehart
Moulton
Galt
Nevada
Booke OF Trade. Secretary's office Odd Fellows block
Strangers invited to call. Regular meetings first Wednesday in each month at Board of Trade rooms. Edward Lees, Secretary.
MENTIONED IN THIS ARTICLE
Winona Lopaz
Vente Hali
Postoffice Brethrennvited
He Morton
Hitusaa
Winona
Masonic Hall
Winons Building and Loan
Winons
Boney Alwava
Joan
O. A. Morey
Booke OF Trade
Odd Fellowa
Corner Third
Lafayetta
Board of Trade Rooms
Edward Lees
Silver Mining Stocks Crash Marketwide
The June downturn in silver prices crushed mining stocks led by Mollie Gibson, plunging from 7.75 to 1.53 and signaling a possible fall below 1. The market for silver shares collapsed with no buyers until silver improves. In New York trading the silver stock selloff dragged down railways and other names, including Denver and Rio Grande, Grangers, Northwestern, St Paul, and General Electric, as traders booked losses amid the London silver drop to 81 1/4.
MENTIONED IN THIS ARTICLE
Denver
Mollie Gibson
New York Exchange
New York
London
Rio Grande
General Electric
Northwestern
St. Paul
Silver bullion prices slip in New York and London
The Post reports silver bullion fell to 81d per ounce in London and 62c in New York, down 612 cents since Wednesday and about 20 cents for the week. Trading on the stock exchange shows a drop in certificate sales as exporters buy when prices dip below open market, with 195,000 ounces sold midweek, near the full stock on deposit against certificates.
MENTIONED IN THIS ARTICLE
New York
the Post
London
Stock Exchange
Mexican trade downturn hurts firms tied to silver collapse
Houston June 20 report warns the fall in silver price and peso depreciation to 50 cents has halted much Mexican traffic. Hardware and provisions shipments slow as silver mines suspend operations, leaving many firms dependent on Mexican trade facing closure.
MENTIONED IN THIS ARTICLE
Houston
Tex
Train robber J. D. May held after Breckenridge attempt
In Hovnsroy Texas June 80 J D May the train robber who tried to hold up the San Antonio and Aransas Pass train at Breckenridge and killed fireman Frank Martin is jailed at Floresville under guard to prevent lynching. He has made a full confession to authorities.
States Marshal Ware Pursues May’s Confederate Fugitives
States Marshal Ware and an officer began pursuit of May’s Confederate fugitives with the expectation of capturing them all.
MENTIONED IN THIS ARTICLE
Ware
May
North and South railroad plan for Gulf states
Proceedings from Lincoln Nebraska outline a proposed Gulf to Duluth double track railroad. A provisional committee would manage the project by 1894 with a $30,000,000 estimated cost and a bond funded build andOperate plan. Princess Bismarck ill in Berlin delays Leipsic visit.
MENTIONED IN THIS ARTICLE
Lixcoty
Neb
Gulf
Gulf Line
North
Dakota
Duluth
London
Berlin
Bismarck
Friedrichsruhe
Leipsic
McAllister Sues for Legal Fees in Indian Territory
George Berry, formerly attorney for the Choctaw tribe, files suit in the U S district court of the Indian Territory for 49 487 28 claiming payment for legal services. Victoria B C notes pelagic sealers report season catch equal to last year with 22 500 seals from 29 vessels. Moore defeats Shadow Maker in a 20th round bout at Phoenix Athletic Club in St Paul.
MENTIONED IN THIS ARTICLE
McAllister
I. T
George , Berry
Kansas
Choctaw Tribe of Indians
United States District Court of the Indian Territory
Victoria
B. C
Moore
St. Paul
Dick Moore
Shadow Maker
Australia
Phenix Athletic Club
Henry Villard to retire from active business life
Henry Villard, reported by the Commercial Advertiser, announces withdrawal from all companies he has been involved with and retirement from active business life in June 1880 New York.
MENTIONED IN THIS ARTICLE
New York
The
Commercial Advertiser
Henry Villard
British steamer Centurion runs ashore at Hedge Fence shoal
The British steamer Centurion under Captain Watson, sailing from Boston to New York, ran ashore at Hedge Fence shoal at midnight near Vineyard Haven Massachusetts. The vessel lies hard aground and may be in distress with reports of damage. Local authorities were alerted and maritime rescue efforts were being prepared.
MENTIONED IN THIS ARTICLE
Vineyard
Haven
Mass
Jane
Centurion
Watson
Boston
New York
Hedge Fence
Runaway tragedy claims life in Mapleton
Christian Bittle of Easton was killed near Mapleton when thrown from a runaway wagon. He struck a tree and his skull was crushed, ending a brief, fatal accident on a northern Iowa road. The report notes the incident occurred in June with local authorities investigating.
MENTIONED IN THIS ARTICLE
Mapleton
Minn
Christian Bidtle
Easton
Lightning Kills Farmer in Watertown Storm
Watertown Wisconsin June 30 Harry Jones a farmer recently married was killed by lightning while riding in a farm wagon. His wife accompanying him escaped unharmed in the same wagon. Seattle Washington June 30 Fleming Ayer's shingle and lumber mill at Ballard was leveled by fire causing about 50000 in losses. Firemen suspended Minneapol is June 30 firemen indicted by the grand jury for stealing at fires will be suspended by the chief.
MENTIONED IN THIS ARTICLE
Watertown
Harry Jones
Seattle
Wash
Fleming & Ayer
Ballard
Minnearouis
Liquor Auctions Presage Charleston State Monopoly Shift
In Charleston South Carolina on June 30 crowds buy and auction off liquor stocks ahead of July 1 when the state runs a liquor monopoly. Saloons restaurants and wholesale houses will close or move as more than 200 business sites are rented and thousands lose work.
MENTIONED IN THIS ARTICLE
Chaarleston
8. C
Charleston
Ueon City
Supposed death by own action leads to sensational case
Sheboygan Wisconsin June 80 The supposed death by own action of William Escher last Sunday may become a sensational murder case. The coroner inquest resulted in the arrest of Mrs Bertha Escher and Frank Wellern charged with killing William Escher. Evidence is strong. Wellern was in love with Mrs Escher and quarreled with Escher who accused him of being intimate with his wife. General opinion favors the arrests amid bitter feeling.
MENTIONED IN THIS ARTICLE
Sheboygan
Wis
William Escher
Bertha Escher
Frank Wellern
Wellern
Strikers Threaten Turmoil in Kansas Mines
In Weir City Kansas on June 30 the Keith and Perry Coal Co begins fencing mines 6 and 8 and serves notices to workers to vacate. The Kansas and Texas Co has sent agents to recruit replacement labor as strikers vow to resist. Destitute and desperate workers heighten fears of trouble.
MENTIONED IN THIS ARTICLE
Weir City
Kan
Keith and Perry Cohl Company
Kansas and Texas Company
Northwestern to Reduce Time and Inaugurate Fast Train
Chicago and Northwestern will inaugurate a fast train service between Chicago and Milwaukee on Sunday July 2. The service will cut running time of several trains to 2 hours and 15 minutes. Wisconsin Chooses a Day. The state board met and set a state day on the fairgrounds for September 6.
MENTIONED IN THIS ARTICLE
Northwestern
Chicago
Chicago and Northwestern . Railway
Milwaukee
Uiana
Wisconsin State Board
Fair Grounds
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H. J. Grabow
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Wen
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Lake Avenue
Masonic
Frogr, Recorder
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Black Corner
Third and Center Sts
W. B. Anderson, O
S. A. Manzel
Oak Grove
No. 15
Druid’s Hall
4Th Street
Center and
Lafayette
N. W. Posaz
A. J. Suiru
N. A
U. R
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J. D.faust
Ann Trway
Board OF Trade
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Virona Gnostes
John. Stellwagen
Lincoln, Neb
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Sam Fox
West Third Street
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Harry Svensgaard
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PSOE
East Second Street
Garer Furniture
Center Street
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Chas. Wessman
PropttetBoston
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R J. Omase
T. A. Chase
Prop
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Ae ‘Hlengie & Cos
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Daincy
N. H. Corner
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Kwawk
John Pellowski