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Newspaper
Bryan Morning Eagle
Location
Bryan, Texas, United States of America
Date
Dec 08, 1908
Page
1
Secretary Cortelyou announced Panama Canal bonds sold at an average price of 102.436 million with 159 bids accepted totaling 30 million and 672 rejected bids equaling 72.8088 million. The total regu lar bids reached 831 for 102.8088 million, with cert checks or cash for 2 percent accompanying nearly all bids.
The Southern Commercial congress began a two day session in Washington with delegates from fourteen southern states. Secretary Straus welcomed the group as governors, senators and diplomats observed. The program lists talks on southern health, canal influence, ports, railroads, water power, timber and mineral wealth, cotton, education and more. The event aims to showcase the South as an attractive place to live and do business.
The National Exchange bank, a large Springfield financial institution, is closed by order of the comptroller of the currency. E T Roreback, examiner, posted the notice. Capital 100000 dollars with 25000 dollars in surplus and undivided profits. Deposits around 2100000 dollars. Cash and notes from other banks about 900000 dollars. Loans and discounts near 1000000 dollars. Established 1893.
Charles Eckstromer Swedish vice consul at St Louis killed himself with prussic acid at his home after earlier public clashes with federal officials. A note indicated his intention and named Dr Langan. the physician arrived too late to help.
An explosion at the Calcutta military station magazine killed eleven native soldiers and NCOs and wounded twenty six others. Most victims were converting ball cartridges to blanks. Initial rumors blamed agitators but were disproven.
Virginia Caro Chemical company filed a 15.1 million dollar mortgage in Columbia Tennessee with Central Trust Company of New York to issue 5 percent gold bonds for fifteen years. Security includes company property across several southern states. Registration fees set at seven thousand dollars.
In Hattiesburg Mississippi on December 7 reports say town capitalists have bought a site near Seminary for a new paper mill. The plant, to cost about $100,000, will source pulp from hay trees.
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