Wall Street News and Local Disasters Across the Nation
The report notes deaths at Lansford Pennsylvania where Milton Whetstone aged 83, and Daniel McGeehan aged 27, both of Citizens National Bank were casualties after a trolley collision. James Piere was fined for hissing the American flag causing near riot. John Finney Wells from Belair was lost in a tomato market wreck and debt default followed. Erie Railroad announces Oslerism to limit young hires with apprentices capped. major baseball standings across National League American League and American Association are listed with team positions and win percentages.
MENTIONED IN THIS ARTICLE
Milton Whetstone
Citizens’ National Bank
Lansford
Daniel McGeehan
James Piere
Bayonne
N. J
Piere
John Finney Wells
Belair
Wells
Erie Railroad Company
News Nuggets From City and Country News
A jumble of brief items reports deaths and accidents. Pearl Cragie dies in Nashville from heart disease. bankruptcy petition filed by a clothing firm in Nashville. naval flag gifts to Wilkes. drownings at Cedar Point and other incidents across Ohio, Illinois, and Pennsylvania.
MENTIONED IN THIS ARTICLE
Pearl M. K. Cragie
John Oliver Tobpbes
London
Berg & Wise
Nashville
Penn
Florentine
American Navy League
Wilkes
Jacob Weidemeyer
Toronto
Harry Steinkamp
Springfield
Cedar Point
Ohio
W. TL. Whiteman
Supreme Court of
Arizona
Territory
Terminal Island
Cal
Reunion
Oskaloosa
Kan
Elias McClenny
Government Buys Silver As Treasury Seeks Bids
The United States treasury calls for bids to buy silver for coinage, first such move in thirteen years. Tenders due August 15 at 1 pm in Washington with deliveries to Philadelphia New Orleans or Denver mints and settled on a New York bullion basis 999 fine.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Shaw
United States
Director of the Mint
Washington
Philadelphia
New Orleans
Denver
New York
Treasury
Department
Endless Chain of Prayer Denied by Bishop Lawrence
Bishop Lawrence of Massachusetts denounces the so called endless chain of prayer as a hoax. He states he never wrote it and knows nothing about it. The hoax prompted many letters from Florida Texas northern States Canada and even Paris France, some threatening misfortune if conditions were not met.
MENTIONED IN THIS ARTICLE
Tishop Lawrence
Lawrence
Florida
Texas
Canada
Paris
France
Clean bill of health for Santa Fe officials
The Interstate Commerce Commission clears Paul Morton and other Atchison Topeka and Santa Fe officials, stating there was no criminal intent in the rebate case and noting the railroad’s $15,000 fine practically closes the matter. President Roosevelt and Attorney General Moody are praised for enforcing the statute. Packing houses in South Omaha order 10,000 white work suits for 7,000 men and 3,000 women with free laundry service. daily clean attire provided.
MENTIONED IN THIS ARTICLE
Paul Morton
Trade Department
Atchison, Topeka and Santa Fe
Interstate Commerce Commission
Washington
Thas
Santa Fe
Roosevelt
Moody
South Omaha
Neb
First Woman Authorized as Master of Great Lakes Yacht
Mrs. Ogden McClurg, a Chicago society figure, has received final papers in the lake marine service and becomes captain pilot and master of the 75 ton McClurg steam yacht. She is the first woman to hold such a right on the great lakes.
Five Years for Cashier Brock in Bank Defraud Case
Geo. P. Brock, cashier of the Doylestown national bank, received a five year sentence for defrauding the institution of 869000. His brother in law Henry Lear, former bank president, was given a similar term. Brock’s counsel gave notice of an appeal.
MENTIONED IN THIS ARTICLE
Brock
Geo. P. Brock
Doylestown, Pa
Mfenry Lear
Shah Yields to Reformers in Persian Crisis
The Shah of Persia dismissed Grand Vizier Prince Ain-Eid-Dowleh who resisted reforms demanded by the people, signaling a shift toward broader political changes as reformers gain influence.
MENTIONED IN THIS ARTICLE
Shah
Persia
Ain-Eid-Dowleh
Record Wheat Harvest Tops All Nations in 1906
Government crop report shows the United States produced a record wheat yield totaling 759,030,000 bushels for winter wheat with spring wheat still developing. Corn and oats also show large gains though oats lag behind last year. State-by-state estimates compare 1906 yields with 1905 final figures as December revisions loom.
MENTIONED IN THIS ARTICLE
Department of Agriculture
United States
Education Bill Passed by Commons Returns to Lords
The British House of Commons approved the liberal government education bill by 192 votes. It bars public funds for denominational teaching and requires public schools to offer twice weekly religious instruction by special staff, though attendance is voluntary. Lords move to oppose it while also advancing the Irish laborers’ cottages bill authorizing a 22.5 million dollar loan for cottages in Ireland.
MENTIONED IN THIS ARTICLE
House of Commons
House of Lords
Eight Hour Day Proposed for Southern Pacific Conductors
Elight-Hour Day plan for Southern Pacific Freight conductors and brakemen has been unanimously approved by the order of railway conductors and will be submitted to railroad officials with sixty days for consideration. The proposal replaces ten twelve and thirteen hour shifts with an eight hour work day and seeks a wage increase.
MENTIONED IN THIS ARTICLE
Southern Pacific
Southern Pacific Railway System
Chicago bank cashier held on suspicion of massive theft
Henry W. Hering, cashier of Milwaukee Avenue State Bank in Chicago, held without bail amid probe into nearly 1,000,000 dollars missing from the closed bank. Investigators report forged signatures, numbered checks, and widespread fraud involving other officials and outsiders.
MENTIONED IN THIS ARTICLE
Henry W. Hering
Milwaukee Avenue State Bank
Chicago
Ilinois
Jones
Rail and railroads across states face movements and rulings
Passenger officials predict extraordinary traffic due to a national encampment in St. Paul. Wabash and Virginia bodies clash with state law. Indiana imposes freight rate cuts. Southern Pacific shifts lines near Salton Sea, Western Pacific seeks 7,000 new laborers, and Wisconsin rate disputes delay fare caps. Transport policy actions ripple nationwide.
MENTIONED IN THIS ARTICLE
Pasenger
Northwestern
G. A. RR
St. Paul
Winois Central Railroad
Virginia Corporation Commission
United States
Indiana Railroad Commission
Vandalia Railroad Company
Indianapolis
Indiana State Line
Salton Sea
Southern Pacific
George J. Gould
Western Pacific
Utah
Nevada
California
Middle West
Northwest
Wisconsin Rate Commission
Eastern Trunk Lines
Secretary of Agriculture
Crop Breaker of Records in Revised Central Outlook
New York Central Vice President W. C. Brown reports from a 3000 mile Midwest tour that the crop outlook is outstanding. He cites Kansas Nebraska Iowa Missouri Illinois Indiana and Missouri wheat and corn prospects with Kansas expected to yield about 90 million bushels and Iowa potentially 355 million.
MENTIONED IN THIS ARTICLE
Ohio
Michigan
Indiana
Illinois
Missouri
Kansas Sac
Nebraska
Kentucky
Tennessee
New York
New Jersey
Pennsylvania
Delaware
Maryland
Virginia
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Texas
Arkansas
West Virginia
Oregon
Oklahoma
Spring
Minnesota
Wisconsin
North Dakota
South Dakota
Volorado
Washington
Nevada
Ewe
Edaho
Montana
Wyoming
New Mexico
Utah
Arizona
Bobo
Maine
Vermont
New York Central
W. C. Brown
New York Central System
Middle West
Iowa
Kansas
Brown
United States
Inansas
Rigid Meat Inspection Rules Set by Secretary Wilson
The regulations cover all slaughtering packing canning salting or allied establishments shipping meat in interstate or foreign commerce unless exempted as retail butchers. Buildings must be clean and whitewashed. tools and machinery cleaned daily. staff wear easily cleansed outer clothing. toilet rooms separated from meat areas. Only healthy clean employees may work. weekly sanitation reports required. whistleblowers may report to the inspector. Preservatives limited. foreign meat allowed certain permitted substances. Diseased animals slaughtered separately. condemned meat tanked with coloring to prevent reuse. labels must be applied under government supervision.
MENTIONED IN THIS ARTICLE
Secretary of Agriculture
Wilson
Dry farming promise for the West from Century article
John L. Cowan surveys dry farming, a method to store rain in the ground by loosening the surface and compacting the subsoil. A new sub soil packer follows plows after harvest, with harrowing after each rainfall. Proponents claim millions of Western acres could rise above grazing with less expense than irrigation.
MENTIONED IN THIS ARTICLE
West
John L. Cowan
Century Magazine
Great Northern Rule Caps Dividends at Seven Percent
Vice President Farrington told the Minnesota warehouse commission that a Hill era rule limits stockholders to 7 percent despite high earnings. Surplus funds finance improvements and loans, with new stock issued as needed. Commissioner Staples called the method evidence profits are too large. The railway holds a $19,000,000 surplus.
MENTIONED IN THIS ARTICLE
Farrington
Great Northern
Minnesota Warehouse Commission
Hill
Treasury
Staples
Debs Threatens Revolt At IWW Anniversary
Eugene V. Debs spoke in St. Louis on the first anniversary of the Industrial Workers of the World and warned that 1,000,000 workers would rise in revolt if Haywood Moyer and Pettibone are hanged for the Steunenberg assassination. The IWW, started for political aims, now claims 150,000 members.
MENTIONED IN THIS ARTICLE
Debs Trias
St. Louis
Industrial Workers of the World
Eugene V. Debs
Haywood, Moyer and Pettibone
Steunenberg
Debs
Industrial Workers
Increase in Number of Banks Reported by Comptroller
The Comptroller of the Currency notes as of June 18 an increase of 385 national banks versus a year ago, with $34,602.55 in capital stock and a $50,000,000 rise in surplus. Circulation stood at $65,000,000 and individual deposits at $272,000,000, lifting aggregate liabilities to $456,000,000. For the year ended June 30, 470 national banks were chartered, and per capita money in circulation on July 1 was $32.42 based on a population of 84,662,000.
Trade Review Reports Broad Strength Across Manufacturing Sectors
Dun and Co notes aggregate new demands in leading manufacturing branches remain favorable with strong raw materials markets and high consumption of inputs for rice mills and workshops. Western merchants plan large fall business. retail trade improves and grains and livestock show gains. Bank clearings exceed last year, while dry goods and clothing demand remains robust, with weather impacts mild overall.
MENTIONED IN THIS ARTICLE
Weekly Review of
Chicago
BR. G. Dun & Co
Grain and Livestock Prices Across Cities Report
A dense list of regional market quotes shows cattle hogs and sheep values in Chicago Indianapolis St Louis Cincinnati Detroit Milwaukee Buffalo New York and Toledo. It covers wheat corn oats rye butter eggs and clover seed with price ranges and quality notes.
MENTIONED IN THIS ARTICLE
Ww. Oi. We
Chicago
Cincinnati
New York
Brooklyn
Vilsburg
St Louis
Puideljlia
Boston
Phildelphia
Perroin
Washington
Cleveland
Ww. Oi
W. I
Minneapolis
Milwaukee
Kansas City
Toledo
Paul
Louisville
ST Indianapolis
Tle. Com
Indianapolis
St. Louis
Detroit
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Witstern League
Des Moines
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Lincoln Oe
Mt Denver
Lucho
Franklin
Patrick Barrett
Pittsboro
J. W. Miller
Tistry Stevens
Chiesa
San Francisco
Chicazo
Stephen J. Iwosika
Carrie Anderson
Eastend
South Taven
Ajax Metal Company
Aden
Daily Mail
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J. B. Cox
Blackwell
Okla
England
Graham of
Holder
Ben Steward
Meriown
Steward
Am- Hh
Cal Steward
Asns
Pennsylva&railroad
Ea Poner Bridge
Broad Street
Wabeth
Commerce Body
Stensland Bank
Bradstreet’s
South Atlantic