Millions for banks in new reserve release plan
Secretary Shaw at the Fifth Avenue Hotel announces that the Treasury will release about 50 million dollars of reserve tied to government deposits. Banks may increase lending by around 130 million dollars and may substitute municipal and other securities for consols to boost circulation. The move aims to ease credit for railroads, steamships, and banks as fall trade approaches.
MENTIONED IN THIS ARTICLE
Leslie M. Shaw
the Treasury
Fifth Avenue Hotel
Shaw
Treasury
Maine
California
Minnesota
New Orleans
Money at 35 percent triggers heavy market drop
Call money rose to 35 percent and the market fell sharply in a day of widespread unease. Louisville and Nashville shares plunged about 20 points, with 175 issues traded and only six up and three rising more than 1 percent. The prior bank reserve was seen as too strong to reflect conditions, signaling continued money strain. A New Century Limited ad touts daily savings for busy travelers at East and West routes.
MENTIONED IN THIS ARTICLE
Louisville
Nashville
New- York
Lake Shore
Riots at Mount Carmel as miners strike escalates
Wreckage of Lehigh Valley railroad property and assaults on non union workers marked the Mount Carmel strike day. Eight more companies were ordered out, completing the Third Brigade in the field. General Gobin called the situation serious as anthracite sells in New York for 20 to 21 dollars a ton. Dealers say operators aim to drive them out.
MENTIONED IN THIS ARTICLE
Lehigh Valley
Mount Carmel
Gobin
New York
Swansea
Coal Trust
Phoenixville
Famine Price Sparks Violent Coal Mine Riots in Pennsylvania
A mob of seven hundred strikers swarmed the Mount Carmel colliery area near Mount Carmel. They seized roads, smashed offices, wrecked the engine house, and blew steam pipes. Sheriff Dietrich seeks troops as rioting escalates. Coal prices soar to 20 and 21 dollars a ton amid severe shortages. Welsh coal imports are hoped but limited. Three men wounded, one gravely, as clashes continue. more troops mobilized to contain the unrest.
MENTIONED IN THIS ARTICLE
Wilkesharre
Penn
Mount Carmel
Lehigh Valley Coal Company
Dietrich
Northumberland County
Dauphin
Green Ridge Junction
President Roosevelt in satisfactory condition after operation
Washington dispatch reports President Roosevelt’s wound dressing and hospital condition proceeding well. He remains cheerful, with normal temperature, no signs of alarm, and sleeps soundly in a rolling chair. A second operation caused public concern, but physicians deem the wound progressing normally.
MENTIONED IN THIS ARTICLE
the Tribune
Washington
Roosevelt
Cortelyou
George B. Cortelyou
Rixey
Navy
O'Reilly
Army
Shaffer
New York
D Lung
White House
Alger Accepts Ad Interim U S Senate Seat
Detroit Sept 29 General R A Alger former Secretary of War formally accepts Governor Bliss's tender of the ad interim U S Senator appointment to succeed the late Senator McMillan. He telegrams Bliss acknowledging the honor and responsibility. Bliss signs the commission making Alger a United States Senator.
MENTIONED IN THIS ARTICLE
Detroit
R. A. Alger
Bliss
United States
A. T. Bliss
Saginaw, Mid
McMillan
General Alger
Nominated for State Senate in XLth District
Ithaca Sept 25 The Republican Senate convention for the XLth District including Tompkins Schuyler and Chemung counties nominated Edwin C Stewart for the state senate.
MENTIONED IN THIS ARTICLE
Ithaca
Republican Senate
Tompkins
Schuyler
Chemung
Edwin C. Stewart
Admiral Melville's Illness Reported From Philadelphia
Washington reports from the Naval Bureau of Steam that Admiral Melville is ill with remittent fever and expects a hospital stay of several days to two weeks. Meanwhile Madrid debunks a false rumor of Queen Maria Christina's marriage to Count de la Scanbite, stating she did not wed during her Austria trip. The Pennsylvania Special advertises a nonstop NYC-Chicago fast train taking twenty hours daily.
MENTIONED IN THIS ARTICLE
Washington
Naval Bureau of Steam
Philadelphia
Miral
Madrid
Maria Christina
Count de la Scanbite
Marr
Austria
May Name Hill Himself In Delegates Tangle At Saratoga
Devery and followers arrive at United States Hotel and host a reception. The piece contrasts Republican and Democratic crowds, notes Hill’s control over nominations, and cites figures like Parker Cantor and Gray. It portrays mood at the convention, mentions Coler, Werner, and Maynard era critiques, and observes reformist sentiment among some delegates.
MENTIONED IN THIS ARTICLE
triarNe
Saratoga
N. Y
Devery
United States Hotel
Billy” McGlory
Brunswick
Fifth Ave
United States
Republican Party
Rouse’s Point
Tottenville
Hill
Mr. Hill
Judge Parker
Tammany
Croker
Cantor
Hugh McLaughlin
Coler
Brooklyn
Gray
Court of Appeals
Judge Gray
Werner
Maynard
Senate
John J. Mylo
Elliot Danforth
Rice
Canandaiguay
Ee Ee
B. Hornblower
New-York _ uae
Mylod
Hinkley
Senator Hill
Saapene Hill
Danton
Mr. Hornblower
Leopard
MR ROOT DENIES RUMORS OF RESIGNATION
Elihu Root secretary of war arrived by Pennsylvania Railroad last night and visited the Union League Club. He stated he was in the city on private business and would return to Washington this afternoon, denying rumors of leaving the cabinet or resuming legal practice. He declined to discuss the rumor further.
MENTIONED IN THIS ARTICLE
Crane
Massachusetts
Root
Payne
Dalzell
Pennsylvania
Lessler
New York
Merriam
Census Bureau
Hermann
General Land Office
Lafayette Square
Lung
White House
Shaffer
Elihu Root
Pennsylvania Railroad
Union League
Thirty-ninth-st
Fifth-ave
Washington
War Department
Ruth Hanna Engaged to Joseph Medill McCormick
Announcement from Chicago states Miss Ruth Hanna youngest daughter of Senator Hanna will marry Joseph Medill McCormick son of Robert S. McCormick. Report confirms engagement and indicates no wedding date set yet. Also notes McCormick’s ambassador to Russia appointment announced last week.
MENTIONED IN THIS ARTICLE
Chicago
Ruth Hanna
Senator Hanna
Joseph Medill McCormick
Robert S. McCormick
Russia
Cleveland
M. A. Hanna
Chicago Dispatch
Ruth
Parker declares he will not accept governor nomination
Saratoga reports Chief Judge Parker refused any State office bid. Kraft conveyed Parker’s no nomination stance to ex Senator Hill and allies at the Grand Union. Delegates weigh Parker for governor while Hill and Coler backers maneuver during a tense convention precall.
MENTIONED IN THIS ARTICLE
THE
Tribune
Saratoga
John E. Kraft
State Civil Service Commission
Hill
Parker
Court of Appeals
Kraft
Grand Union
Ulster and Greene
Judge Parker
McCarren
Kingston
Senator Hill
Mr. Kraft
Mr. Coler
Hugh McLaughlin
Brooklyn
Flatbush
Coler
McLaughlin
P. H. McCarren
Kings
Esopus
David B. Hill
Mr. Hill
Bird & Coler
Senator McCarren
Frank Campbell
Democratic State
Patrick E. McCabe
Albany
McGuire
Syracuse
Campbell
Bird S Coler
Grand Union Hotel
Special Trains to Trenion via Pennsy Railroad Advt
Special trains to Trenion via Pennsy Railroad for the Interstate Fair. October 1 depart West 2nd Street Station at 7 25 A M and 3 5 A M returning. Fair Grounds departures at 4 and 5 40 P M October 2 depart West 2nd Street Station 7 25 A M and 3 A M returning. Fair Grounds departures 4 30 4 55 5 40 6 20 P M round trip tickets include admission for regular trains stopping at Fair Grounds.
MENTIONED IN THIS ARTICLE
Trenion
Pennsylvania Railroad
Interstate Fair
West 2Rd Street
Fair Grounds
West 2Nd Street
Fair Green
Advt
Also Mentioned on This Page
Fifth Avenue
Sub-Treas- Tay
Secretary of the Treasury
W. S. Devery
MT. Carmel
Shenandoah
John Tenman
John Rafferty
Henry Rhoades
Rafferty
Manhattan
Bronx
Fowler
New York, Ontario and Western
John Markle
G. B
Patsoe River
ALGER
Admiral Melville
Big Bill” Devery
BR. Cle
MR. Root
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