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Newspaper
Cincinnati American
Location
Cincinnati, Ohio, United States of America
Date
Oct 25, 1913
Page
2
Vienna reports a transition budget for 1914 with a six month outlay of 312 million and estimated loans totaling about 29 million to bridge the deficit. Baron Engel von Mainfelden says the shortfall stems from Balkan events while the economy remains sound.
London Oct 24 The Deputy Master and Comptroller reports last year’s coinage rose to over 171 million pieces valued above 26.6 million pounds. Imperial coins reached about 162.5 million, silver coinage set a record through 1912, gold coinage exceeded 1911, and bronze coinage topped 77 million pieces worth 253,402 pounds.
Chicago reports that workmen's compensation acts have fared well with employers. In Wisconsin two years of operation saw 6,074 final cases and $288,187 paid as indemnity to injured workers or their dependents. Medical and surgical costs are estimated at six percent more.
Receivers of the St. Louis and San Francisco railroad asked Judge Sanborn to authorize $10,000,000 in receiver's certificates to cover preferred and car trust claims. Objections were raised by Frank Kellogg for New Orleans Texas Mexico holdings. Court granted delay to Monday for objections, noting income covers running expenses without special appropriation.
In Cleveland on Oct 24 depositions from John D Rockefeller Jr show he seeks to block eviction of tenants in the Weddell House block held by Koblitz Realty Co. The younger Rockefeller says the block was deeded to him and leased back to the Kobitz brothers with a $150000 building promise not fulfilled.
Brown Brothers & Co and J. & W. Seligman & Co announce purchase of 51 percent of Pacific Railways of Nicaragua and 51 percent of the National Bank of Nicaragua. The Government retains 49 percent. They discount 1.06 million in one year treasury bills at 6 percent. Pacific Railways runs 168 miles from Corinto to Managua and Granada. National Bank’s capital rises from 100 400 to 300 000 with head office in Managua.
Rome October 24 newspapers call The Bizarre Princess an operetta by former Crown Princess Louise of Saxony a clamorous failure. The curtain rose amid a storm of hisses in the third act as critics condemn the trivial vulgar words and music and predict no revival of the work.
McCall rages as Murphy prophesies and denies. Hennessy faces charges while Sulzer levels accusations in a tense political exchange centered on New York power dynamics. The heated debate highlights factional strife and emerging policy battles.
New York figures show a proposed rise in police funding as Astor heads Mitchell Finance Committee. Tammany figures McCall and Hennessy trade barbs in a tense mayoral campaign with Murphy predicting a large victory and Mitchel facing other party spats.
Beijing reports that the Chinese Cabinet will start talks with the five powers for a new loan of 100 million dollars to fund industrial projects. The piece notes an invisible government is never unprofitable.
The Bombay share market closed yesterday after a sharp fall in mill shares and a broker failure around 800000 dollars, with 14 other failures. Prices on the Kurraches market and general trading had been muted due to fear of bank defaults by native-managed banks last month.
The Duke of the Abruzzi will command the squadron with the battleship Regina Emma as flagship to meet the American squadron arriving in Italian waters mid November. The American commander and staff will be received by King Emmanuel in Rome with other officers and crew members attending an audience with the Pope.
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