Armour Is Squeezed In Giant Wheat Deal On Board
In Chicago on December 22 P D Armour and Joseph Leiter articulate calm bids as the December wheat deal nears settlement. Rumors of a large Armour Leiter wheat combine circulate while traders debate totals from 5,000,000 to 16,000,000 bushels with possible foreign sales and looming losses for Armour.
MENTIONED IN THIS ARTICLE
Chtcaco
P. D. Armour
Board of Trade
Joseph Leiter
Armour-Leiter
Leiter
Liverpool
Armour
Leiter- Armour
Gage Outlines Currency Reform Plan Before House Panel
Secretary Gage testifies on a currency revision bill aiming to strengthen the gold standard and treasury liquidity while expanding bank note issues. He proposes a separate issue division and gold bond funding to retire greenbacks, asset circulation up to 76 percent of capital, and a lower bank note tax. The plan also envisions reduced national bank capital and parity with gold through bond-backed circulation.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Washington
Gage
Committee On Banking and Currency
House of Representatives
Haven
United States
Treasury
Reformers Hold Sixteenth Annual Session in Cincinnati
National Civil Services Reform league re elected Carl Schurz as president by acclamation. Treasurer A S Friessell reported receipts four thousand two hundred fifty two dollars and twenty nine cents, disbursements three thousand four hundred seventy eight dollars and eighty two cents, balance three hundred seventy three dollars and thirteen cents. The resolutions committee chaired by Charles G Bonaparte adopted a motion condemning efforts to repeal or modify the merit system and urging extension of its use while eradicating favoritism.
MENTIONED IN THIS ARTICLE
Cincinnati
National Ivil Services Reform League
Carl Schurz
A.S. Friessell
New York
Charles G. Bonaparte
Baltimore
House
Congress
Federation May Aid England Striking Engineers
At the American Federation of Labor session in Nashville on December 19 the committee urged the president to appeal to unions for contributions to aid England's striking engineers. The federation proposed allocating 500 for this purpose. The committee backed immigration restriction on lines similar to the failed Lodge educational test. Samuel Gompers was reelected president and Kansas City chosen as next meeting site.
MENTIONED IN THIS ARTICLE
Nashiville
American Federation of Labor
England
Samuel Gompers
Kansas City
National board endorses pooling measure under ICC supervision
The national board of trade adjourned after three days with the closing session endorsing a pooling measure to be overseen by the Interstate Commerce Commission. A split existed between eastern and western regions on the issue while Elliott of Philadelphia supported a permanent tariff commission and a resolution urging Congress to create such a body was adopted.
MENTIONED IN THIS ARTICLE
Washington
National Board of Trade
Ander
Interstate Commerce Commission
Ir. Elliott
Philadelphia
Congress
French Chamber Passes Tariff Bill on Pigs and Product
In Paris the chamber of deputies approved a bill raising customs duties on hogs, pork products and lard by 418 to 97. M. Grust argued it would hurt farmers and raise costs by 60 million francs yearly, while M. Graux and Meline defended the measure and noted future action on pork adulteration. The government aligned with the United States on bimetallism. Rates set at 12 francs per hog, 3 francs per sucking pig, 50 francs per hog product, and 85 francs per 100 kilograms of lard.
MENTIONED IN THIS ARTICLE
Paris
Chamber of Deputies
M. Charles Grust
M. George Graux
France
M. Meline
M . Meline
United States
Suspected Filibusters Loading as Cuba Expedition Formed
In Pensacola the Montgomery and vessels including the Somers N. Smith and Brittania load cargoes under official supervision amid reports of a planned expedition to Cuba. Fire orders grant two blanks then a loaded shell to halt any suspected vessels. Redmond to visit America. he accepts invitation to speak on the 1789 rebellion.
MENTIONED IN THIS ARTICLE
Pensacola
United State
Montgomery
N. Harbor
Somers N. Smith
Redmond
America
New York
John E. Redmond
Teutonic
Garrison Eulogizes Henry George at Ethical Society
William Lloyd Garrison, Boston reformer, addressed the Ethical society Sunday on Henry George life character and work calling him one of the greatest men of all time as the speech reflected on George’s legacy and impact.
MENTIONED IN THIS ARTICLE
Garrison
Henry George
Pantaverpata
William Llogd Garrison
Boston
Ethical Society
Seden
Public Opinion Sparks China Alarm Over Kiao Chau Affair
London dispatches report global press debate on China policy as Russia occupies Port Arthur. Berlin papers fear a show of force by Germany and England, while Emperor William meets the Russian ambassador. The Times suggests Britain urge China to extend port privileges to the British fleet at Chusan.
MENTIONED IN THIS ARTICLE
Kiao Chau
London
England
China
Lonxpon
Russia
Port Arthur
Germany
St. Petersburg
Novoe Vremya
Japan
Berlin
Prince Henry
William
Kiel
Nicholas
Paris
France
The
Times
Shanghai
Kiao Chou
Daily Mail
Nanking
Yang-Tse
West River
the Times
SYS
Great Britain
Chusan
McCoy Wins In Fifteenth Round To Claim World Title
Norman Selby known as Kid McCoy defeated Dan Creedon of New Zealand at Puritan Athletic Club in Long Island City after fifteen rounds. McCoy dominated with reach and technique, winning when Creedon threw in the towel after the fifteenth round with McCoy delivering a decisive uppercut and hook.
MENTIONED IN THIS ARTICLE
New York
Norman Selby
Rush County
Indiana
McCoy
Dan Crevedon
New Zealand
Puritan Athletic Club
Long Island City
McCoy Frosh
Jay
Creedon
Dan
Choyinski
Northwestern overland limited wreck near Vain Iowa
The overland limited from Chicago to Omaha ran into an open switch near Vain Iowa at dawn. Nineteen people were injured but none fatally as cars including two sleepers and two coaches overturned at 60 mph. A relief train reached the scene and passengers resumed travel to Omaha.
MENTIONED IN THIS ARTICLE
Vain
Overland Limited
Northwestern
Chicago
Omaha
SLAIN IN THE STREET PROMINENT MARYVILLE BUSINESSMAN KILLED
R O Montgomery a leading Maryville real estate and loan firm partner was shot twice at the courthouse square by John F Joyce. Montgomery died in the snow after pursuing Joyce and drawing his revolver. Joyce was taken to jail.
MENTIONED IN THIS ARTICLE
Maryville
Maryvile
R. O. Montgomery
Montgomery, Gilliam & Graves
John F. Joyce
Montgomery
Court House
Joyce
Big Cracker Companies Combine To Form Trust
Capitalization set at 55 million dollars with operation planned by January 1, 1898. The New York Biscuit company American Baking company and United States Bakery company will merge, with current capitals of 10 million, 10 million and 5 million respectively. In Arizona forgery cases Judge Thomas rules for plaintiff in several cases totals about 250 thousand dollars. Wyoming shops cut work week to four days and seven hours a day with a 10 day holiday layoff, reducing wages by about 30 percent due to lower business.
MENTIONED IN THIS ARTICLE
Pirrigura
Margin
United States Bakery Company
New York
United States
New York Biscuit Company
American Baking Company
Axaona
Lund
Thomas
L. Russ
Wyoming
Cheyenne, Wy
Union Pacific
Cheyenne
Laramie
Union, Pacific
Weyler central mission defends Cuban army against alleged insults
General Weyler aims to defend his Cuba command against insults alleged in President McKinley's message. He plans to protest to General Correa and to the queen regent, asserting the honor of his army and his position.
Wheat futures shrug as scalpers face slim gains
In a choppy session the Wheat Clique bought on declines and sold on advances, keeping traders anxious. May closed 4c higher but overall prices slipped across corn and oats with mixed cash quotes for grain and livestock markets amid wary activity.
MENTIONED IN THIS ARTICLE
WalSc
Market Report Cattle and Hogs from South Omaha and Kansas City
South Omaha and Kansas City market data show cattle receipts around 1,200 and 9,000 respectively with varying price ranges. Hogs receipts exceed 10,000 at South Omaha and 19,000 at Kansas City, with prices for heavy, mixed, and light hogs and for sheep and lambs provided.
Chicago Live Stock Market Summary
Hogs receipts 43 900 active and steady with light sales from 3.40 to 3.55, mixed 2.40 to 3.55, heavy 3.30 to 3.55, rough 4.80 to 3.35. Cattle receipts 5 000 steady beeves 3.75 to 3.40, cows and heifers 1.80 to 4.50, Texas steers 3.00 to 4.20, stockers 3.00 to 4.25. Sheep receipts 12 000 steady natives 2.75 to 4.60, westerns 3.50 to 4.40, lambs 4.00 to 6.10.
MENTIONED IN THIS ARTICLE
South Omaha
Texas
Kansas Oity
Chicago
Carcano
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