Financial Shock Ravages Wall Street On May Day
A New York stock market review shows thirty eight principal shares shrinking to a combined 698 million dollars at low water marks while later trading steadied. Banks pool to loan money at six percent as panic spreads through brokers offices and spectators crowd the exchange galleries.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Atcek Exchange
Banes
Icans
Financial
Produce Exchange
Desperate Straits in Northern Pacific Short Sale Fight
New York reports a dramatic struggle among financial giants over Northern Pacific stocks. Harriman associates, Morgan interests, and Street & Co engage in a tense corner as brokers rush to borrow or lend shares, with delivery delays and fears of large losses undercutting the market. The impending reckoning looms as negotiations falter and the stock’s future remains uncertain.
MENTIONED IN THIS ARTICLE
New York
ER. H. Harriman
BP. More, ,& Co
Union Pacis Adriiman
Tre
Contral
Burlington
Great Northern
Northern Pacific
Street & Norton
Sesking Ita Management
Arriman Syndicate
Morgan-Hill Interests
The
Stock Exchange
Northern Pa
Turbulent Day at Stock Exchange Ends in Quiet Pledge
Traders and clerks faced intense pressure as speculation and nervous energy filled the stock exchange district. A demonstration by speculators produced chaotic scenes but workers kept actions efficient, averting disaster with cool conduct and rapid handling of orders.
MENTIONED IN THIS ARTICLE
Wtmen
Stock Exchange
Collapse of Market Amid Northern Pacific Battle
The New York market trembled as the Northern Pacific contest for control triggered a broad selloff. Keene bought 200,000 shares and lenders demanded added collateral, while J P Morgan & Co Kuhn Loeb Co Street Norton and others delayed stock deliveries in a bid to curb short selling. A potential Burlington deal settlement offered a glimmer of relief, but no final agreement emerged as trading closed.
MENTIONED IN THIS ARTICLE
No. O
Cane St. L
Ohio
Delaware and Hudson Tract
Consolidated Gas
General Bilectric
Chicago Great Western
Iguito
Texaru
Louisville and
Nashe
Resy Te
Amalgamated Copper Res
Manhattan J
Missouri Pact
Northern Pacific
Metropolitan
Berest Ry
Eorthern
New York Central
Southern Rail
St. Southern Ratiwa ‘Paul
Benn
Western Union
United States
United States Steel
United States Steel Nss
New York
Margina
Joana
Cnarter
J. P. Morgan & Co
Kuhn, Losh & Co
Steck
Shorts
Street & Norton
J. BR. Keene
Mr. Keene
Stock Exchange Tofey
Wall Street
Clas
Wight
Jacksonville Fire and Looting Amid Civil Unrest Report
Jacksonville Florida May reports describe the ruins of Greenleaf Crosby jewelry store and nearby vaults looted after a fire. A sentry fired at fleeing robbers as guards, banks, and relief crews converge on Bay Street, while relief efforts expand with tents, sanitation teams, and federal aid.
MENTIONED IN THIS ARTICLE
Jacksonville
Fis
Greenleaf
Craxpy's
Jacksonville Light Infantry
Bay Street
Greenleaf&, Crosby
Waa
Mr. Lane
Wren
Lane
Florida
Parson Harris Suspended Over Parishioner Money Losses
Rev. A. Harris, former pastor of Milburn Congregational Church, suspended for six months amid charges by former parishioners who claim they entrusted over 100000 for speculative ventures. Harris, once a Chicago lawyer and board of trade member, and supporters say funds were invested with his guidance and the failures were not his fault.
MENTIONED IN THIS ARTICLE
Chicago
A. Harris
Congregational Church
Milburn
Harris
Board of Trade
Union of Textile Workers Plans Next Convention in Washington
The International Union of Textile Workers adjourned to meet next May in Washington D C. Revolutions empower a conference committee to align with the American union in Boston to affiliate Fall River with the International union under AFL guidance. Resolutions praise the AFL for assisting textile workers and winning labor legislation in several states.
MENTIONED IN THIS ARTICLE
Hala
Washington
Holyoke
Mase
International Union of Textile Workers
D.C
Committee of Conference
American Jnion
Boston
Fall River
International Union
Aaie Pites
American Federation of Labor
Thaning
Deutschland Sets Unmatched Transatlantic Speed Record
The Hamburg American liner Deutschland arrived in port and established a record by covering 587 knots or 678.61 miles from noon May 7 to noon today, averaging 24.03 knots over 24 hours. No vessel has surpassed this performance.
MENTIONED IN THIS ARTICLE
New York
Deutschland
Outbreak of malignant smallpox hits Indian Territory
Washington reports the Marine Hospital Service ordered a surgeon to Colgate to assist Indian Inspector and authorities amid a smallpox outbreak. One thousand vaccine points were shipped with more to follow, showing 5 to 100 cases at Colgate and larger outbreaks at Lac du Flambeau and Fon du Lac, Wisconsin, though no deaths are reported and the epidemic law is declared stamped out.
MENTIONED IN THIS ARTICLE
Indian Territory
Washington
Marine Hospital Service
Colgate
I. Tu.td
Indian
Indian Bureau
Lac du Flambeau
Fon du Lac
Wis
Will Form No Watch Trust in Boston May 9 Report
A Waltham director says the American Waltham Watch Company will not join any watch company consolidation. Other firms refused to enter a trust, ending the 75 million dollar combination plan. The National Association of Stove Manufacturers elected officers in Boston with A. N. Parlin as president and F. Gardner, F. Will, T. Hogan, and W. Stevenson in key posts.
MENTIONED IN THIS ARTICLE
Waltham Company
Boston
American Waltham Watch Company
National Association of Stove Manufacturers
A. N. Parlin
F. W. Gardner
Chicago
F. Will
Rochester
T. J. Hogan
W. A. Steverson
Philadelphia
Cleveland Will Not Talk On Reported Wall Street Wins
Former president Grover Cleveland arrived in Sandusky to spend ten days fishing at Middle Bass. When asked about his reported Wall Street earnings he smiled and said, I have nothing to say.
MENTIONED IN THIS ARTICLE
Toledo
Grover Cleveland
United States
Sandusky
Middlebass
Wall Street
Mr. Cleveland
City plans route reset in Jacksonville and Albany area
A report notes a likely $000 figure for a route reset in Jacksonville and Albany regions. The article indicates preparations and expected public impact as crews begin work last night.
MENTIONED IN THIS ARTICLE
Jacksonville
Albany
Sianeli
Jackseneli
Antitrust Probers Hear Tobacco Trust Claims in Washington
Washington May. The industrial commission examined tobacco manufacture focusing on alleged anti competitive conduct by Continental and American Tobacco. Hush Campbell of United States Tobacco complained of price cuts and dealer pressure to drop independent brands, while Duke of Continental and American Tobacco defended practices and market share and denied threats to rivals.
MENTIONED IN THIS ARTICLE
Washington
Industrial Commission
Hush Campbell
United States Tobacco Company
Tedmond
Campbell
New England
Continental Company
Vobbers
Taleq States Company
Wetmore Company
Rt. Louis
Frnzer Pres
Louisville
Manufacturing
Tobacco Company
Lautevile
Jonners
United States
Duke
James P. Duke
Th Continental Tobacco Company
American Tobacco Company
Continental
Japan
Australia
Canada
Virginia
North Carolina
John Lanstreet
Rew
Bedford
Lynn
Boston
Conconental
Dedleva
Lee
Combina
Abel
la Street
Also Mentioned on This Page
Doha
Nee Oe
T. Byerpont Morgan
Harriman
Morgan
Jed Kuhn
Loeb & Co
Morgan &Co
Kubn
Looby & Go
Morgans
Contal
Keene
Vanderbilt
Oofinusa
Sonville
Department of Rele
Parrott
Stockton
A. G. Hartridge
Criminal Department
C. B. Parkhit
Riahe
John Moore
St. Augustine
William J. Kenny
Appea
Bt Mary's Orphanage
St. Joseph’s Convent
Fla
Liverpool
London
Globe
Norwish
Calon
Lancash
Manchester
Sire Antaire
Providence
Wash
Tae
OO North Hikleh
Mercantile
B. A. Harris
Union OF Textile Workers
Cleveland
Banover
Hartford
Sinkin
New Orleans
Company
Atchester
Palatine
Springfeld
Lancashire
Scottish Union
National
Glens Falls
Phenix
Greenwich
Philadel
Bremen
Eire Ase
Pennsylvania
Imperial
New ‘York
Rio
Hamburg-Bremen
CDO
Northern
Royal
London Assurance
Southern
New
Sam
England
Orie ‘Phenix
Ome
Georgia German Alliance
Royal Exchange
Rochester Germai
Wiamsburg Ci
Ae Ga
Delaware
Balvise & Svea
TRUST
Hugh Campbell
Richmond
Tobacco” Combine
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