Vol. I.
Weekly: Rampart, Alaska, Thursday, June IS, IDOL
No. 38
1
THE STOCK MARKET.
Rumors Of Consolidation Raise North
ern Pacific Shares To $1000. Un
precedented Flurry.
New York, May 6.—For the first
time in the history of the stock ex
change all the galleries and the en
closures reserved for spectators
were ordered cleared at 2 o’clock
this afternoon.
New York, May 9.—At 11:15
Northern Pacific sold at $1000.
Shortly after 11 o’clock all sup
port was withdrawn from the stock
market and prices began falling
many points bat ween sales. Union
Pacific went down rapidly, 4000
shares selling at 85. One thous
and shares of Missouri Pacific went
at 97. People’s Gas of Chicago,
Brooklyn Rapid Transit, Amalgam
ated Copper, Atchison and St. Paul
made sensational declines, the like
of which has not been seen for
years. St. Paul sold down to 145,
Missouri Pacific 83, Erie 29, Unit
ed States Steel preferred 89, South
ern Pacific 45, Western Union 87,
Amalgamated Copper 95, Erie 27,
Atchison common 57, Union Pacific
86, Rock Island 148, Missouri Pa
cific 88, Louisville and Nashville
99. The tape recorded the sale of
1800 shares of Union Pacific at 80.
New York, May io.—Sentiment
in the financial world was much re
assured today by the announcement
made last night that the shorts in
Northern Pacific were to be settled
with at 150, thereby ending the
corner in the stock. Brokerage of
fices were filled with speculators at
an early hour and to some of the
large houses admission was to be
had only by ticket. Before the
! New York opening interest center
j ed in London’s quotations, and
, when these came much higher than
| yesterday’s New York close, the'
;
better feeling became stronger and '
the New York opening prices were
awaited with a confidence in mark
ed contrast to the complete demor
1 I
alization that prevailed on every ‘
i
hand yesterday morning. A dis
patch was received from London
i
saying that at 1:45 in that city all
American securities were higher,
St. Paul being quoted at a 20-point i
advance and Union Pacific showing
a rise of 10 points.
SPECIALS TO “OA iVSOT NEWS”.
Ottawa, May 31 . — Important an
nouncement is made that the gov
ernment will mint Canadian coin
age gold, silver and. bronze. The
new mint will be a branch of the
royal mint and will be erected on
Nepan Point, near the printihg bu
reau. Canada adopts American
standard in order to redeem Canadian
notes.
S.attle, May 29.—Murderers sen
tenced in the state of Washington
prior to June 14 may never suffer
the extreme penalty 011 account of
the last legislature failing to insert
a saving clause. The act says they
must be turned over immediately
after sentence to the penitentiary.
This point will be raised in the
Norstrom case.
I
Vancouver, May 28.—Chas. Hen
shaw sent north as far as Dawson
distributing notices and folders an
nouncing the establishment of an
assay office here. Telegrams to
this effect have been sent to the
Yukon Territory officials. 1
SKAGWAY IS CROWDED.
People Waiting: For Lebarge To Open.
Hotel Capacity Taxed To Accom
modate The Crowd.
Skagway, June 5.—All the ho
tels in town are crowded with pas
sengers, awaiting the opening of
navigation so that they may con
tinue their journey to Dawson.
They prefer waiting at Skagway
to paying high hotel ratesat White
horse. The town will be jammed
the last of the week with people
bound for the interior. Assurances
have been given that steamers will
soon run. Insufferable hot weath
er is being experienced here.
Skagway is in the throes of a
political election. Seven council
men and three school directors are
to be elected next month.
Dawson, June 5.—The little De
laney boy who was bitten two
weeks ago in the north end of town
by a vicious dog has developed se
rious illness and is now at St.
Mary’s hospital.
The boy has a high fever. The
wound is such that the attending
physician yesterday considered it
necessary to open and clean it,
which was done.
There are no symptoms of rabies
in the lad and it is not yet decided
just what is the cause of the high
fever and it is thought it may prove
to be typhoid fever.
Des Moines, la., May 28.—Gen
eral Assembly of the United Pres
byterian church discusses the ques
tion of marriage. Will prepare U.
ble of consanguinity and affinity,
showing in what degree mairiage
stall not be contracted.