Treasury frees banks from reserve on government deposits
Secretary Shaw announces banks will no longer need to hold a reserve against deposits secured by government bonds. The measure frees about 30 million dollars in reserve and could expand credit as a nationwide liquidity push proceeds with daily deposits of roughly 500 thousand dollars.
MENTIONED IN THIS ARTICLE
New York
Secretary of the Treasury
Shaw
Treasury
Maine
California
Minnesota
New Orleans
Stock Market Suffers Worst Shake in New York
On Monday the market fell sharply with losses of 2 to 10 percent in many active issues. Louisville and Nashville led declines amid concerns over the road's disposition. Disappointing news on the president's health, coal strike prolongation, and heavy selling from London and the continent added to the pressure.
MENTIONED IN THIS ARTICLE
New York
Louisville
Nashville
London
Continent
Clearing House Association
Typhoon Hits Yokohama Sinks Fishermen Five Hundred Feared Dead
A severe typhoon swept Yokohama on Monday. Many fishing boats were driven ashore and some refloated. A tidal wave devastated Odawara, with about five hundred reported drowned. The battleship Shikishima lies ashore at Yokosuka fifteen miles away, likely to be refloated with little damage.
MENTIONED IN THIS ARTICLE
Yokohama
Odawara
Shikishima
Yokosuka
Diplomatic reshuffle eyed for White and others
Washington reports indicate further changes in the diplomatic service are expected. Henry White, secretary of embassy at London, remains in line for an important ministry or embassy, with prospects uncertain between Rome after Meyer’s departure or Caracas where Bowen awaits a transfer.
MENTIONED IN THIS ARTICLE
Washington
Henry White
London
Rome
Meyer
Caracas
Bowen
Relief supplies sold in Kingston amid relief turmoil
Widespread dissatisfaction in Kingston over relief work. Goods from the United States for eruption victims have been sold under value by local authorities to merchants abroad. Ration distribution has stopped and some sufferers face semi starvation.
MENTIONED IN THIS ARTICLE
Kingston
United States
Doubt Lingers Over Democratic Gubernatorial Nomination at Saratoga
The Democratic state convention remained open with no clear frontrunner. Former Governor Hill said no single candidate had been chosen, while leaders speculated Alton B Prarker might be nominated though he prefers his judicial post and would not accept if nominated. J B Stanchfield presided as temporary chairman as the meeting opened at noon.
MENTIONED IN THIS ARTICLE
Saratoga
Hill
Alton B.“Prarker
J. B. Stanchfield
Elmira
Democratic State Convention in Flux at Saratoga
At the Saratoga convention Judge Parker’s ally reports Parker would refuse a nomination by acclamation. Hugh McLaughlin arrives to lead Kings County delegates for Bird S Coler. Sentiment grows for Senator Hill as a possible compromise candidate, with Hill indicating a possible consent if pressed but reluctant to accept.
MENTIONED IN THIS ARTICLE
Judge Parker
Hugh McLaughlin
Brooklyn
Kings County
Bird S. Coler
Senator Hill
Coler
Upstate
Power Turned Off Stranding New Orleans Street Cars
Police concentrate at the Arabella barn as power to the Street Railway is cut. Linemen on a sympathetic strike refuse to repair lines, leaving cars immobile though lower city routes still operate a mail car with officers aboard.
MENTIONED IN THIS ARTICLE
New Orleans
Arabella
Street Railway Company
Street Railway
Canal Street
Stanton Bankruptcy Petition Filed in New York
Walter Stanton of New York files a bankruptcy petition to discharge his liability for Coffin and Stanton bankers who failed in 1894. The schedule shows total liabilities of 4,156,942 with 25 as offsetting assets, noting 5,375 in personal debts and the rest as firm contracting. Secured liabilities amount to 2,986,173. unsecured 878,889. and contingent 291,830.
MENTIONED IN THIS ARTICLE
New York
Walter Stanton
Coffin & Stanton
Stanton
Not So Serious in Macedonia Says Constantinople
Diplomatic circles in Constantinople view the Macedonian situation as less serious than Turkish 40,000 militia mobilization suggests. The Porte attributes alarm partly to Shipka pass fetes, but officials think threats from the Macedonian committee will not spark a general revolution or major conflict.
MENTIONED IN THIS ARTICLE
Constantinople
Macedonia
Porte
Shipka Pass
Macedonian Committee
Wild Scene on New York Stock Exchange Rebound
On September 30 the New York Stock Exchange saw wild scenes for an hour as prices sharply rebounded from Monday's panicky close. Gains ranged from fractions to over five points. Loans on call at 15 and 18 percent unsettled trading briefly before the market steadied and cooled by 11 o'clock above the day’s lows.
MENTIONED IN THIS ARTICLE
Stock Exchange
New York
Insane Unknown Man Taken From Bowery to Bellevue
Doctors at Bellevue hospital diagnosed the unknown man recently taken from the Bowery as insane after vain efforts to converse. He was admitted September 1 and attempts in fifteen languages failed to elicit speech.
MENTIONED IN THIS ARTICLE
New York
the Bowery
Bellevue Hospital
Duchess de Valencay Undergoes Appendicitis Operation
Duchess de Valencay formerly Miss Helen Morton daughter of Levi P Morton was operated on for appendicitis at her Paris home and is reported out of danger according to private advices from New York dated Sept 30.
MENTIONED IN THIS ARTICLE
New York
Duchess de Valencay
Helen Morton
Levi P. Morton
Paris
Also Mentioned on This Page
Nabors
Nabors Bros
Dan
Bryan
Tyler Haswell
C. M. Camp
Hinds
John Wittman
Houston
Texas Central
Texas
F. B. Morse
Mgr
Dallas, Austin, Waco, FT. Worth
Denison
Houston, Corsicana
J. Anderson
M. L. Robbins
Gen
Pass & Tit. Agt
Democrats
Turkey
W. T. Ford
Franklin Brothers
Cupion
Eupion
the Bryan Grocery Co
Edge Bros
Sanders Bros. & Co
Cole Bros
Thos
Otto Boehme
McConnico
General Insurance Agency
Bryan, Tex
Mutual Life of
A. D. M’connico
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