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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Aug 25, 1908
Page
1
An investigative report examines alleged fake buying and selling activity at the York Stock Exchange as authorities open a probe into market manipulation and potential fraud involving multiple traders and firms.
New York August 24 A five member special committee of the New York Stock Exchange will investigate Saturday’s floor activity where more than 1 000 000 shares traded in large blocks to suggest non matched orders. The governing committee authorized the president R H Thomas to appoint the panel after trading closed.
Havana August 24 conservatives may nominate General Mario Menocal for president and Rafael Montoro for vice president by acclamation. Montoro served on the advisory commission that drafted the new electoral law. Convention adjourned to finalize campaign details. Teheran August 24 General Linkhoff dismissed Third regiment commander Kasimaga blamed for quarrel over money share. Barnesville Aldermen primary results: Fifelet and W C Jordan win two-year terms. Elliott and Stephens defeated. 315 votes cast.
Frankfort Kentucky August 24 Reverend Thomas N Arnold one of the south’s leading Christian church ministers died yesterday while traveling to Versailles to preach a funeral. He was 84 years old and a classmate of Ulysses S Grant at school. During the turbulent pre Goebel era he attended sessions of the state senate as one of two ministers.
Georgia lawmakers gather for a special session called by Governor Hoke Smith. The Holder bill, modeled on a prior measure, seeks to end convict leasing by December 31 and reorganize penalties and handling of inmates. Debate centers on county use of convicts, funding, and potential amendments, with leaders predicting a hard fight between Holder supporters and allies of Candler and Felder.
Fare to Atlanta on October 7 and 8 would be one cent a mile each way for the United Confederate Veterans reunion in Atlanta. The state fair dates October 8 to 24 will be three cents a mile plus admission. Conference members in Chicago discussed rates and dates and expect other railroads to follow the one cent rate. General Clement A. Evans, head of the United Confederate Veterans, resides in Atlanta, adding interest to the reunion preparations.
In St Paul Minnesota hotels and restaurants reportedly agreed to pay the Elks lodge to keep colored delegates out of their establishments during the national Elks convention. Placards warned visitors to avoid placarded venues as the arrangement drew public attention amid the event. Also noted is Peru’s arrival of Leslie Counts and his wife for a routine yearly leave of absence.
Americus Georgia August 24 a bullet hole in the forehead ends Alonzo Walters bank cashier at Ellaville and a suspected $4000 discrepancy looms. Walters aged 55 was found in the Windsor hotel Americus in the lavatory with a revolver and a fatal wound after reportedly attempting to hide. A warrant for detention had been issued earlier the same night. In New Orleans chief clerk Emmett H McLeod of the US engineers office was arrested for embezzling government funds the amount unclear but believed small.
Atlanta prepares for the Ponce de Leon apartment hotel to rise at Ponce de Leon avenue and Boulevard. The five story fireproof structure will host fifty outside-view rooms, maid service, a dining room run by a New York chef, servant rooms, and a tennis lawn.
A masked highwayman halted seven stage coaches near the Old Faithful Inn in Yellowstone Park. He looted money and valuables, estimated at 6000 dollars, then escaped on a transport company horse. Soldiers from Fort Yellowstone chased the bandit as alerts were sent to nearby camps. capture is deemed likely.
A five week investigation into Georgia's penitentiary system found no impeachment of the prison commission and no forfeiture of contractors. The committee accepted the commission's statements, censured wardens for lax duties, and noted minor bookkeeping errors. It urged no new actions but prepared findings for the legislature. County officials involved in convict leasing face censure.
The forecast notes showers Tuesday with a shift to fresh south to southwest winds by Wednesday. Readings list low and high temperatures and average values with normals. Rainfall in 24 hours and monthly excess figures are indicated, alongside year-to-date excess.
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