Steel Trust Fights Dissolution Amid Market Drop
Steel Trust announces it will contest dissolution while stock prices tumble at market open. Shares fall sharply, dropping over five points as investors react to the development.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 27, 1911
Page
1
Steel Trust announces it will contest dissolution while stock prices tumble at market open. Shares fall sharply, dropping over five points as investors react to the development.
United States Marshal Henkel mobilized all deputies to serve copies of the bill of equity in the federal suit to dissolve United States Steel. J P Morgan and E H Gary were served. thirteen others await service in New York. Defendants are to answer in Trenton on December 4.
For San Antonio and vicinity: tonight and Saturday unsettled and colder with rain likely tonight or Saturday.
Observations from multiple cities show temperatures ranging from 24 to 52 degrees with mixed skies. Northwest winds in St Louis Chicago and Boston bring rain tonight and Saturday while Milwaukee and Kansas City expect fair in part and Saturday showers. New York and Boston show light to moderate winds and cloudy to rainy conditions.
The statement claims that the Associated Press leased wire into San Antonio is carried by no other newspaper besides the San Antonio Light. It asserts that any suggestion otherwise has no basis in fact and lacks evidence.
Three Mexican ministers resign after a heated congress session blaming the government for failing to stop the Zapatista uprising. General Gonzales Salas, Alberto Garcia Granados, and Francisco Vasquez Gomez step down. President de la Barra may accept. Salas had faced deputies over the insurgency response.
The Texas governor orders all 36 rangers plus officers to patrol the Texas-Mexico frontier from Brownsville to El Paso amid renewed rebel activity in Mexico. Captain Hughes notes the units are dispersed along the border and federal reimbursement is expected, with Congress to be asked in December.
San Antonio public official Bob Barker announces another bid for state comptroller challenging incumbent W P Lane famed for prohibition ties. Barker cites early entry to mount a vigorous campaign and repay supporters after last defeat. He also played a key role in the previous commission charter fight.
Contestants in the Light's Great Automobile Voting Contest are urged to use a Special Sunday Ballot good for fifty votes and the regular ballot worth ten votes in the same issue, totaling sixty votes per reader. There is no limit to ballots per person or group.
In Pekin and Hankow reports say imperial forces and revolutionists in the Yangtze region plan talks at Yuan Shi Kai’s urging. Li Yuan Heng proclaims himself president of the republic as foreign ministers contest confiscation of contraband and revenue control.
Reports say revolution leaders open to negotiation but require Yuan Shi Kai as premier the immediate assembly of the promised representative parliament and full reform of provincial governments across the empire.
Sheng Hsuan Huai, ousted from the post and communications ministry, escaped assassination today in Pekin. He fled to the American legation and was escorted by ten soldiers to Tien Tsin for protection.
George Zwally, jailed for calf theft, was pardoned after Col Otto Wahrmund and supporters appealed to the pardoning board and governor. He served a year after escaping from court, then returned to San Antonio to help his elderly mother.
Scores of armed men hunted for Will Ollie a Black man accused of assaulting a farmer's wife near Marshall Texas this morning The woman was seriously injured and a lynching is feared if Ollie is caught
Crowds fill Bryan as nearly the entire town heads to the gridiron for the A M Texas and Mississippi University football game. Conditions are described as almost ideal for the afternoon matchup.
Boston October 27 Grand jury hearing evidence against Rev Clarence V T Richeson charged with murdering Miss Avis Linnell, Hyannis music student. Expected to report tomorrow after 14 women witnesses in ante room including Dr Mary N Hobart.
The Texas railroad commission will actively participate in the Minnesota rate case pending before the U S Supreme Court in January. If the circuit court decision striking down Minnesota rates is sustained, Texas fears railroad commissions nationwide could go out of business. Commissioner Williams plans to file a brief and push other midwest states to join.
A Huntsville special reports Miller M. Down of Meridianville brought seven daughters to a hospital for typhoid fever after their mother died of the disease weeks earlier. The father and one daughter survived. An epidemic fever is spreading in several small towns near Huntsville.
Winnipeg report says 7000 miners in Alberta and British Columbia will return to work after Robert Rogers interior minister announces settlement ending a six month strike.
President Taft ends the Milwaukee to Chicago leg of his swing around the circle after 41 days on the road. He will follow with three days in Chicago and a finish in Pittsburg, then five days at Hot Springs Virginia before returning to Washington. He delivered 250 speeches, many brief, on tariff, vetoes, and government business to diverse crowds, including 1500 Milwaukee factory workers at a luncheon.
Racine Wisconsin on October 27 1909 neutralizes Mayor Walter Goodland in Taft plans while former Mayor A J Horlick leads arrangements. Representative Cooper will introduce Taft at the Auditorium. Goodland may ride in a private automobile only if he participates in the parade.
Washington reports the Indian disturbance, earlier feared as a hurricane, is of less intensity as warnings are lowered. The storm moved westward over Havana, Cuba, producing a maximum 44 mph wind with no reported damage.
The Associated Press reports ongoing hearings on wharf charges at Galveston Texas with adjournment unlikely before tomorrow. J H Hill of Galveston Houston Henderson testifies on traffic at terminals while I G Pettibone of Santa Fe appears. railroads plan to call more traffic personnel. They claim proposed switching charges are excessive.
In Rheims France on October 27 pilot Jean Desparmet died when his military aircraft failed during a test flight and plunged from about 600 feet. Desparmet was crushed in the fall according to Associated Press dispatches.
A Turkish and Arab attack on the Italian line at Tripoli near the sea produced heavy casualties. Italian losses were about 100 dead and 4 wounded with over 6000 attackers driving a semi circle defense before dawn. A Turkish cavalry clash and a daring remnant recovered a fallen officer’s body under heavy fire.
Uncensored dispatch from Tripoli reports a panic as a Muslim force of about 60,000 Turks and Arabs advances on the city. Italians faced a near encirclement after a premature Musselman assault, suffering over 130 casualties in the revolt while forty to fifty Arabs are shot daily.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.