Webb Meyer syndicate fleeced Wall Street banks says arrest order
New York May 5 Justice Giegerich issued an arrest order for a Webb Meyer syndicate member amid affidavits by Wall Street brokers claiming losses of over 1 million dollars to 5 10 million total. Dr Seward Webb, Vanderbilt son in law, named among those tied to the scheme. Banks nationwide allegedly swindled via dummy buyers and wired communications.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Giegerich
Webb-Meyer Syndicate
Seward Webb
W. H. Vanderbilt
Wall Street
Pierre M. Brown
Broadway
Brown
Webb
Boston
Philadelphia
Washington
Chicago
American Polo Team Wins First Match of Season
London May 5 The American polo team defeated the Contabs at Ranleigh by four goals to nil in their first season match. The Americans were weakened by Foxhall Keane's absence but delivered a strong performance despite rain soaking the play.
MENTIONED IN THIS ARTICLE
London
Ranleigh
Foxhall Keane
Alan-A-Dale wins twenty eighth Kentucky Derby
In Louisville on May 5 Alan-A-Dale the good son of Habma won the Kentucky Derby as thousands cheered. The crowd was very large and Sioux Falla saw Peter von Wolf found guilty in a U.S. jury case for manufacturing bogus silver dollars while an inmate of the state penitentiary.
MENTIONED IN THIS ARTICLE
Louisville
Alan-A-Dale
Habma
Sioux Falla, & C
Peter von Wolf
State Penitentiary
United States
Morgan's vast fees spark controversy over financing deals
Reports claim J Pierpont Morgan earned immense compensation for guiding major combines. Alleged fees include 12.5 million in cash for steamship financing, 100 million in stock for the steel trust, 16 million in American Bridge, 15 million in Northern Securities, and 30 million or more in stock for Metropolitan Trust. Critics say such pay reflects ability and control, as Morgan profits from stock rises while backing ventures.
MENTIONED IN THIS ARTICLE
J. Pierpont Morgan
Steamship Combine
Morgan
Steel Trust
American Bridge Company
Northern Securities Company
Metropolitan Trust Securities Company
Hia Financial Services
Surrender reports flood Filipino resistance to government
Adjutant General Corbin releases General Chaffee cable from Manila detailing multiple surrenders across Negros Samar Batangas Laguna and Mindanao from April to May. About 1400 armed men remain opposed to the government. trade ports reopen and cholera risk cited. Prisoners sent home.
MENTIONED IN THIS ARTICLE
Washington
Corbin
Chaffee
Manila
Rufio
Jaco
Negros
Marell Lugo
Iobella
Rufino de Sosa
Misamis
Mindanao
Oroguieta
Malvar
Hernando
Santa Tomas
Batangas
Laguna
Querrera
Catbalogan
Samar
Mindoro
Jews Flee Romunia for United States in Wave
Vienna May 6 The Neue Freie Presse reports that systematic persecution drives about 3000 Jewish families totaling 12000 people to leave Romunia for the United States within a few days.
MENTIONED IN THIS ARTICLE
Vienna
Neue Freie Presse
United States
Wheat Report From Pacific Northwest Markets
Wheat prices in Portland and Tacoma shown with varieties and quotes. Walla Walla markets list 65 to 66 cents for bluestem and other notes. Tacoma markets report half cent higher with bluestem at 66 4c and club at 65c.
MENTIONED IN THIS ARTICLE
Portland, Or
Walla Walla
Bluestem
Tacoma
Club
Rich strike in Silver Peak mines captivates Nevada mining scene
A. Knapp reports in Carson that the Silver Peak Mine yields gold nuggets the size of a hen’s egg and ore worth 400 to 500 dollars per ton. Over 100000 dollars is said to have been shipped the first day of the strike. The mining region spans Esmeralda County 58 miles from the railroad and 40 miles from Tonopah, with plans for a 300 ton smelter at St. Regis and ongoing activity across Granby and other BC ventures, plus fatal and notable deaths in mining communities.
MENTIONED IN THIS ARTICLE
A. Knapp
Carson
Nevada
Hawthorne
Silver Peak
Klondike
Cape Nome
Knapp
Esmeralda County
Tonopah
St. Regis
Granby
Boundary Mines
Golden Monarch Mining and Milling Company
Spokane
Foghorn
Ymir
Crofton
B. C
Albion Mining Company
Ainsworth
Pearl
Albion
Northwestern Development Syndicate
Goldfields
eGorge Plunder
Rossland
Chicago
Cincinnati
Tom Thumb
Republic
Finn
Pilgrim
Canadian Rand Drill Company
Sherbrooke
Quebec
Granby Company
Curlew District
Kettle River
Curlew
la Fleur Mountain
Ainslee Megrew
Camp McKinney
West Fork
Beaverdell
Cascade Water Power & Lick
Phoenix
Commodore Group
Wild Horse Creek
Jay P. Graves
Granby Consolidated Mining, Smelting & Power Company, Limited
Edwin Harvey Lord
Chelan
Wash
Lower California
Mexico
Cariboo
New Mexico Fuel Company
Captain, N. M
David Thompson
C. A. Jones
Deer Creek
Lewiston
Salmon City
Idaho
Thunder Mountain
Sumpter
Cow Creek
Eldorado
A. D. Pardee
Philadelphia
Dawson
Hunker Creek
G. L. Milne
Dominion Creek
Valley Coal Company
Valley
Stevens County
W. L. James
Alameda
Wallace
Haines
Flathead Forest Reserve
Montana
Hump
Glenren
Somerville County
Kelley
Hannah
Hoosevelt
Bvrery
Ore
Absa
Brownsville
J. H. Gincashier
Bank of
Brownsvik
W. C. Morris
Manger
Kettle Valley Lines
T. E. Bitbeck
W. C. Haywood
General Freight
Passenge
Morris
Birbeck
Hawood
Sibley
Pennslvania
Washington, D. C
Jacob H. Smith
Samar
Smith
Democrat Party
Mining progress and local deaths noted in May update
Work on the Wauconda tunnel resumed May first. J D Mitchell died in Chesaw Washington last week of heart disease aged 57. Notable progress since January 1 in Beaumont field tankage construction. Deceased was an owner of the reservation and heavily interested in Republic mining properties. An earthen tank to hold a million.
MENTIONED IN THIS ARTICLE
Wauconda
Chesaw
Wash
Beaumont Field
Republic
Collision injures dozen on Los Angeles railway near Pasadena
A rear end collision on the Los Angeles Pasadena Electric Railway near the ostrich farm in South Pasadena injured at least twelve people, with about six in serious condition. The forward car slipped the trolley and lights went out before the following car crashed into it.
MENTIONED IN THIS ARTICLE
Los Angeles
Los Angeles-Pasadena
South Pasadena
Drought Ravages Colorado Plains and San Tale Valley
A May report from Denver Colorado notes that drought in Northern Colorado has set all-time records for length and severity. Relief is not expected for a week while farmers face heavy losses. Water shortages plague other regions including the San Tale valley.
MENTIONED IN THIS ARTICLE
Denver
Col
Colorado
San Tale Valley
Strike Seems Likely After Mine Work Conference Breaks Down
President John Mitchell of the United Mine Workers warned a strike is probable after a secret conference with coal operators failed to reach any concessions. The executive committee for three anthracite districts will meet in Scranton on May 7 to decide, with 147,000 miners potentially striking if a majority approves.
MENTIONED IN THIS ARTICLE
New York
John Mitchell
United Mine Workers of America
National Civic Federation
Scranton
Mitchell
Mr. Mitchell
United Mine Workers
Trade Report of Lenal Trade and Wheat Market Trends
Bradstreet reports weak market for meals amid rain delays in spring wheat planting and widespread grain movement. Reports of dry Kansas and heavy rain in the northwest push prices higher, with wheat exports rising to 215,854,823 bushels so far this season. Business failures in the United States edge up slightly from last week.
MENTIONED IN THIS ARTICLE
Bradstreet
Kansas
Northwest
Canada
France Accepts Rochambeau Statue Invitation In Fraternal Note
Ambassador Cambon delivered a message to President Roosevelt from President Lou bet of France confirming France will participate in the Rochambeau statue exercises. The letter expresses friendship, remembrance of shared dangers, and honors American liberty partnership. France plans to join with deep emotion.
MENTIONED IN THIS ARTICLE
Washington
Cambon
Roosevelt
Loubet
France
French Republic
Rochambeau
Republic
Massacre reported as Kwangsi rebels surge in China
News via steamer Olympia describes vast killings as Kwangsi rebels besiege Naning on the Weet river and Ching-shang-fui falls. Over 1000 slain, bodies left unburied, stores looted, and imperial troops said to have deserted in several towns amid the upheaval.
MENTIONED IN THIS ARTICLE
Victoria
B. C
Olympia
Naning
Weet
Canton
Ching-shang-fui
Fire kills fifty in Mount Gamti Egypt blaze
In Cairo on May 5 a blaze at Mount Gamti on the Damietta branch of the Nile killed fifty people. The fire, blamed on extreme heat, destroyed thousands of native residences and about 200 stores. Nearby Floricant, Col., reports a forest fire at Turkey Creek destroying timber and several prospectors' cabins.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Mount Gamti
Damietta
Florricnant
Turkey Creek
Tornado Locally Kills Five and Destroys Property
A tornado swept Glenren in Somerville county recently killing five people and demolishing homes as the storm crossed the area. Heavy damage reported across the town with several structures collapsed and residents displaced.
Repr a pres der the e Acting today it pubois tendent
An unclear report notes actions today involving a superintendent candidate and a senator, with references to training and potential positions. The fragment mentions a race for office and a future decision, but details remain uncertain and poorly legible.
Late Mr. Cummings Honored In Memorial Services
Washington reports that New York delegates met before the House session to decide on tributes for late Representative Cummings. A public funeral in the House is planned, with the body to New York for services Wednesday. The ceremony honors a departed member.
MENTIONED IN THIS ARTICLE
Mr. Cummings
Washington
New York
House
Representative Cummings
Hall of Representative
House of Representatives
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Nines and Mining News
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