Stock Market Markets Unsettled with Erratic Orders
Unsettled trading across venues as many sell orders flowed in from outside New York, signaling volatility and broad selling pressure in a turbulent session.
22 Sep 1908
Page 1
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Newspaper
Fairbanks Daily Times
Location
Fairbanks, Alaska, United States of America
Date
Sep 22, 1908
Page
1
Unsettled trading across venues as many sell orders flowed in from outside New York, signaling volatility and broad selling pressure in a turbulent session.
The New York stock market opened uncertain and erratic as outside selling pressed leading stocks down one to one and a half points. Every sector declined in sympathy, with a confusing scene despite signs of a modest trade revival and lingering doubts about foreign credit and gold production. Analysts cite corporate agitation as a major factor in the downturns.
A troubling shooting incident occurred near West Plains Missouri near the southern border with neighboring areas. Police investigated the scene and collected initial details as residents were left unsettled by the event.
In Westplains near the state line a posse tried to arrest John Roberts for a neighbor’s murder. Roberts and his wife resisted a house entry, firing on the posse. Mrs. Roberts and Sheriff Money of Arkansas were fatally wounded. two others seriously hurt.
Mr and Mrs W H Singer marked their fiftieth wedding anniversary with family and friends at a private celebration. The event honored a long marriage and shared memories across generations.
report notes that the four children receive princely gifts totaling 16 million dollars while their parents are alive and well. each child stands to gain substantial wealth as part of the trust distribution. the article emphasizes the parents' continued health and the magnitude of the inheritance.
At the golden wedding of Mr. and Mrs. W. H. Singer in Pittsburg, Mr. Singer distributed 16,000,000 dollars among his four children, 4,090,000 each. The heirs are William a landscape painter in Norway George an iron manufacturer Mrs William Procter in Philadelphia and Marguerite at home. The father, a Pittsburg iron king, made his fortune in the city.
The long drought has left small streams dry and cut water power for more than half the industries. Many farms rely on streams, causing widespread hardship as factories shut down across New England.
Manila health officials report many cholera cases with nineteen deaths and fifty new cases confirmed yesterday, highlighting a surge in the outbreak. Local clinics urge immediate sanitation measures as residents seek care and authorities trace sources.
A report describes a severe outbreak with unprecedented quarantine and sanitary measures tried so far, yet failing to bring the situation under control. The text emphasizes the strict enforcement and widespread concern over public health efforts.
Times Special Service reports Manila P L on Sept 21 indicating the cholera crisis remains out of control. In the prior day 58 new cases and 19 deaths were tallied, and eight more deaths were recorded this morning, signaling ongoing severity in the afflicted wards.
The surgeon general and the bureau of insular affairs monitor cholera in Russia and Manila. The War Department will provide full assistance in Manila and the Philippine Islands and spend freely to combat the outbreak.
Times Special Services reports Republicans in New York City expect Senator Beveridge to replace Sherman and follow Bryan to the coast. It is understood Beveridge favors the plan and would accept the role if offered.
At the Republican state convention in Concord Henry Quinby was nominated to succeed Governor Charles M Floyd, whose term expires in January. The selection confirms Quinby as the party’s candidate for the next gubernatorial race in New Hampshire.
Northern Navigation Co and N A T T Co say all freight will reach Fairbanks before navigation closes. About 1,500 tons are en route on the Tanana and Yukon rivers, with 2,000 tons aboard other vessels. Light and Evelyn are en route. delays from a bar near Hot Springs persist. Five steamers will unload at Fort Gibbon to haste freight upriver.
Widespread fires wiped out Gagen and Woodboro in northern Wisconsin leaving four thousand homeless. Residents fled as flames consumed homes and property, with refugees now in Rhinelander. Ashland reports Fifield burning, special train and supplies sent to assist. In Maine, Augusta notes fires under control with no further damage expected.
In Dawson on September 21 during a Campbell bound trip from Fairbanks to Dawson passengers taunted a newly married couple at Circle. The disguising pair faced a makeshift kangaroo court as the crowd moved to jail the husband for alleged bigamy.
The court recognized the husband as guilty with Jules Marion serving as defense attorney and Martin Pinska as public prosecutor. The decision sentenced him to confinement in the engine room for the remainder of the voyage.
Dawson reports many leading Klondikers depart for the outside for winter vacations on the Whitehorse which sails tomorrow. Among those leaving are Judge Dugas and Judge Craig, with Judge Macaulay to handle all court affairs during the season.
The Naval Department directs two mine planters to the Pacific coast to aid in strengthening coastal defense. The vessels are specialists in mine warfare and will bolster coastal defenses amid ongoing security preparations.
A crowd gathers in Lisbon to witness a bullfight as bulls escape into the arena area. No injuries are reported and officials control the situation.
In Lisbon on September 21 a bullfight crowd was trodden by 22 escapees. Seven people died and 20 were wounded before picadores rounded up the bulls. Many animals were killed to prevent further casualties.
Wilbur Wright undulated through the air to rise to a height of ninety feet, establishing a notable lead over competitors in the early aviation contest.
Wilbur Wright, the American aviator, stays aloft for 1 hour 11 minutes 25 seconds in Le Mans France. The peak altitude reached was 90 feet with an average height about 2 feet lower due to uneven air. Experts say he demonstrated greater skill in flying the machine than in prior trials.
A brief notice states that Foraker will not be heard this evening, and the matter of explanation to candidate remains unsettled.
In Cincinnati on September 21 Senator Foraker wrote to Taft that public questions about his links to Standard Oil made it prudent to cancel his appearances with Taft at the League of Republican Clubs event in New York. He said he did not want to harm the Republican cause or embarrass the candidate. He requested the committee cancel all upcoming platform speaking engagements.
Murray Crane delivers a decisive blow to a rival liberal faction at the Western campaign HQ in a notable political skirmish. Crane concentrates on messaging and leverage amid a crowded field as supporters rally.
The report states Hitchcock continues as head of the campaign committee in Chicago under orders from the chair, with Wil continuing under him. The note emphasizes party leadership and ongoing campaign organization in Massachusetts connections.
Senator Winthrop Murray Crane of Massachusetts arrived in Chicago and told reporters his Chicago headquarters visit does not signal a Hoover change. He denied requests from Hitchcock and said he will not be remaining under Hitchcock's orders for the rest of the campaign.
John R. Grey hardware man Charles Dolan formerly of Last Chance and Zero Strong plan the largest water power project in the North to supply electricity. They will tap the Klondike river near Rock Creek with surveys underway and aim to pump 5060 inches of water.
Washington D C September 21 contract awarded for ten torpedo boat destroyers to be built at an average cost of 285000 dollars each by collision of yards.
President Roosevelt sends a public letter to Congressman M Rankin of Illinois urging urgent action and addressing political apathy. The missive, published in the press, calls for renewed national resolve.
A disjointed note reports a Republican convention urging voters to present care and enthusiasm for the ticket. The fragmented language implies mandate and party unity but lacks clear names or places.
In a letter to Congressman McKinley of Hitness Roosevelt appeals to disinterested voters to support the ticket named by the Chicago Republican convention. He warns apathy could be fatal and argues Taft’s failure would spell disaster for the country. McKinley served as treasurer of the congressional campaign committee. James Sherman was a former chairman, and McKinley succeeded him as chairman after Sherman’s vice presidential nomination.
Citizens of Lowth Oak Park 10 miles west of Chicago organize a vigilance committee to protect the wives of oman Mint the mow, a street incident prompting community action.
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