Steel Shares Restoration After Market Recovery
Over the last three months steel shares have been restored. PIPIY and Ove ARS are cited as key factors in the renewed investor confidence and price stabilization across major steel producers.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 26, 1916
Page
1
Over the last three months steel shares have been restored. PIPIY and Ove ARS are cited as key factors in the renewed investor confidence and price stabilization across major steel producers.
New York January 26 United States Steel common shares regain regular dividend of 1 percent out of earnings for the last quarter of 1915. Total 1915 earnings were 130.51 million, with record quarterly results and a positive outlook for 1916. The division increase and profit-sharing stock offer reflect stronger finances and wages for unskilled workers.
A fragmented page lists diverse items from wars and indictments to mining and theater. Mentions include American murders in Mexico, British opposition to conscription, the Lusitania case, roundups, and editorial notes. Includes poetry, cartoons, and local notices amid scattered general news.
Special Dispatch to the Standard round up reports eleven men arraigned before Judge Crum on indictments returned by a Musselshell County grand jury. Notable names include Fred E Shaw county clerk charged with misappropriation of 3 cents and Fred Drake former county clerk charged with $1.25 embezzlement. The group also features Harry Barr county commissioner and Alexander Ketchum accused of horse stealing, with three men charged with perjury. The grand jury, Musselshell’s first, sat since November 18 and set bonds from 1,500 to 5,000 dollars.
President Wilson will begin his national defense campaign with a noon address to the clerical conference of the New York Federation of Churches. He will be welcomed by a pledge signed by 2,300 clergymen praising his peace efforts. In New Orleans there are early returns from the erade primary showing R G Pleasant leading Thomas G Barret for governor with Pleasant backing local option laws and Barre pushing statewide prohibition.
London reports from Nish on January 18 describe the German emperor at close range during arrivals and a royal banquet with King Ferdinand. The observer notes the emperor appears aged and fatigued, often coughing, but maintains affable manners while inspecting medals and sharing polite conversation with Bulgarian ministers and other officials.
Providence January proceedings in the trial of Mrs Elizabeth Mohr and two Black men for the murder of Dr C Franklin Mohr. Evidence shows the widow sought custodianship of the doctor’s estate as motive. Defense questions whether confessions by Cecil Brown and Henry Spellman were jesting, with reporters testifying on the tone of the statements. Dug defense will open tomorrow.
Chicago January 26 Charles D Hilles Republican National Committee chairman said after a committee session in New York that Roosevelt is not a candidate for the Republican nomination for president. He said Roosevelt has declined to permit his name and that a satisfactory nominee will be chosen to unite party factions. He noted that any acceptable man would be nominated and expected to win.
President and Mrs. Wilson hosted their second diplomatic dinner with Germany and allied and neutral nations represented. Count von Bernstart sat next to Mrs Wilson as Austria Hungary and Turkey were represented by charges d affaires. The Bulgarian minister Stephen Panaretoff was in mourning and did not attend. several neutral ministers were present while Costa Rica Dominican Republic Ecuador Honduras and Peru sent none.
Washington report details Minority Leader Mann urging nonpartisan support for military preparedness. He backs a standing army of 200000 to 300000 plus stronger coast defenses and a capable navy, arguing emergency funding above partisanship even if costs rise from millions to billions.
The New York Chamber of Commerce reports that exports at the port of New York in fiscal year 1915 exceeded imports by 264 million dollars. Total foreign commerce for 1915 reached 2.44 billion dollars, up from 1914. Other parts of the country total commerce was 2.5849 billion dollars, up 141 million from the prior year.
A Reuters dispatch from Stockholm reports William J. Bryan, while accepting a seat on the Ford permanent peace Committee, indicating he plans to depart the United States for Stockholm. The note places the event in London time context and ties Bryan to the international mediation effort.
El Paso reports fire believed started by Mexican bandits damaged Youquiro Development Company properties 69 miles west of Madera Chihuahua. Telegram received today places losses at about 888000, affecting an American concern engaged in development work.
A conference report indicates Turkish forces defeated British labor units, with British arms suffering heavy losses. The dispatch cites significant casualties amounting to three thousand dead in the Wes Opotamia region.
Telegrams from Vienna and Petrograd report mixed gains and heavy fighting in Mesopotamia and nearby fronts. British forces retreat near Kut el Amara after six hours of combat. Turkish losses claimed light, with 109 British dead. Russian advances stall as patrols probe toward Pinsk. Berlin and Moscow dispatches note air raids on Dunkirk and Nancy and continued bombardments with few decisive battles. Labor conference debates conscription and mobilization amid war strains in Britain.
London reports renewed heavy fighting on the western front with a German breakthrough attempt near Flanders and predicted escalation on Thursday as Kaiser Wilhelm nears his 78th birthday. Wilmington notes a Du Pont Powder plant explosion at Carnegie Point New Jersey injuring two workers. cause under investigation.
The United Brotherhood of Carpenters and Joiners defeats the International Association of Ironworkers in a long running jurisdiction dispute. Samuel Gomper’s American Federation of Labor helps appoint a panel led by John Ferguson to resolve the conflict, impacting potential dock yard labor tensions in New York and nationwide.
A burglar was at large after a break in near Jan 2 in Clark County. Guards from the state penitentiary and a posse began a search, following a doorway corridor and window bars scene as the intruder fled through the south watch area.
Paso, Texas, Jan 25. Three Americans arriving from Chihuahua City confirm earlier reports that five Americans were killed by Mexican bandits between Dec 22 and Jan 9. Names include Henry Acklin, Wallace Matburn, Pam Johnson, Peter Keane, and Bart Kramer. The elder Kramer was wounded. Surviving sons reportedly moved into the mountains to reach their father. Authorities said a large force hides near the border as a case proceeds.
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