Note purports to prove 1871 jail escape order by Chicago mayor
A family gift to the Chicago Historical Society presents a police station slip attributed to Mayor Roswell B. Mason ordering the release of prisoners as flames engulfed the city jail during the Great Fire of 1871. Archivists compare the note with Mason's handwriting and deem it significant as evidence of hastily made decisions amid the disaster.
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Chicago Historical Society
Roswell B. Mason
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Top executives suffer losses in market downturn
Brothers Holdings Inc. led declines with 66.3 trillion in paper losses, while Hugh McColl of BankAmerica and Charles Schwab saw smaller hits. Philip Purcell of Morgan Stanley Dean Witter and James Cayne of Bear Stearns posted sharp percentage falls, with Robert Komansky of Merrill Lynch among others suffering multi million losses.
Tobacco industry settles case with Washington state
Washington state reached an out of court settlement with United States Tobacco Co and Smokeless Tobacco Companies in its antitrust suit. The deal requires 2 million to reimburse legal costs and bans billboard ads while backing bills to curb youth access and vending machines. Hewlett Packard cuts up to 2500 jobs amid Asia slump and PC demand decline.
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Hewlett-Packard Co
Asia
Hewlett-Packard
Silicon Valley
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