Wall Street panic and several major New York failures
The New York money market tightens as Decker Howell Co suspends with about 10 million in liabilities. The collapse follows inability to borrow cash despite ample collateral. Executives report world wide distress and widespread sales of major stocks under market pressure.
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Itanasote
Republican 104 State Ticket Earned In June Election
Official returns from ninety seven counties to the State Register show McFarland Republican for secretary of state 192 061 Chamberlain Democrat 188 211 McFarland's plurality 3 90 The whole Republican state ticket is elected Wall Street excitement Nov 11 shows Villard stock drop amid overall market with cautious gains anticipated Honduras crisis Guatemala neutrality and local uprising in Tegucigalpa Fire in Sioux Falls destroys Burnside livery barn killing horses and damaging adjacent structures Estimated loss 82000 with 15000 insured
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Wreck of British cruiser Serpent off Caps Finisterre
Nov 12 reports say the British cruiser Serpent foundered near Caps Finisterre in a gale. Of 276 aboard only three were saved. The vessel, built heavy but deemed underpowered, sank amid towering seas after a manful attempt to reach safety and aid from Corunna.
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Africa
Thanksgiving Day Proclamation by President Harrison Declared
Washington November 8. President Harrison issues a proclamation designating Thursday, November 27, as Thanksgiving Day, urging prayer and gratitude. He calls on citizens to remember the poor and to seek continued protection and grace for the nation.
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