Wall Street Panics As Money Crunch Shocks Market
Panic grips the New York stock exchange as a severe money shortage drives brutal selling. Clearing house banks bid down rates to six percent, triggering wide price declines in industrials and railroads, with reports of heavy losses and volatile trading.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Eleas
Ent
London
Boston
American Tobacco
Metropolitan
People's Gas
Sugar
Continental Tobacco
Tennessee Coal
Manhattan
Leather
Northwest
New York Central
Great Northern
Rock Island
Southern Pacific
Union Pacific
Northern Pacific
Atchison
Republican Convention Gains Historic Philadelphia Auditorium
The National Committee sub group led by Joseph Manley and H Payne deemed the expo hall the finest for a Republican convention. Meeting with Samuel Fessenden, they toured the venue and discussed seating 56,000 with 2,000 extra space and a stage for 1,200.
MENTIONED IN THIS ARTICLE
Philadelphia
Joseph Manley
Proclamation Bans Farm Movement in Cape Colony
General Gatacre issues an order forbidding people on farms to travel or visit Bjorketrem except Saturdays with passes, under threat of summary arrest. The measure aims to curb the spread of news about British movements.
MENTIONED IN THIS ARTICLE
Sterkestrom
Cape Colony
Gatacre
McGovern Secures Two Wins. Easy Bouts at People’s Athletic Club
Cincinnati December 1 Terry McGovern extended his win streak at the People’s Athletic Club arena with two easy victories. His first foe was Charlie Mason of Chicago in a ten round scheduled bout and his second opponent was Freckles O Brien of New Orleans, weighing about 125 pounds, both floored by McGovern’s dominance.
MENTIONED IN THIS ARTICLE
Cincinnati
Terry McGovern
The
People's Athletic Club
Wonder
Charlie Mason
Chicago
Methovern
Freckles" O' Brien
New Orleans
Charters Issued In Harrisburg Dispatch
The state department issued charters today to several Philadelphia firms and associations. The American Union Coal Company with capital 0, The Contonville Gas Company with capital 1.00, The Actna Building and Loan Association with capital 1,000, all based in Philadelphia.
MENTIONED IN THIS ARTICLE
Harrisburg
State Department
American Union Coal Company
Philadelphia
Capital
Contonville Gas Company
Actna Building and Loan Association
Admiral Sampson Joins Garfield Post in Palmyra
Admiral Sampson was mustered into James A. Garfield post PM Grand Army of the Republic at Palmyra NY. After the ceremony a camp fire followed with hard tack and pork and beans served to attendees.
MENTIONED IN THIS ARTICLE
Palmyra
N. Y
Admiral Sampson
James A. Garfield
Grand Army of the Bermaito
Gilbert the Champion Shot at Batavia Gun Club
Wied Gilbert of Spirit Lake won the inanimate target championship of America at Batavia Gun Club defeating William K. Crosby of Batavia by a score of 1 to 0 after shooting at 160 targets.
MENTIONED IN THIS ARTICLE
Gilbert
Batavia
Wied Gilbert
Spirit Lake
Town
America
William KR. Crosby
Targota
Currency Bill Passes House Amid Tight Vote
Washington reports the currency bill passed the House 190 to 150. Eleven Democrats supported it with Republicans. most Democrats opposed or paired. Speaker Henderson announced committee appointments, with notable new chairs in banking, merchant marine, coinage, and insular affairs. Senate action on Philippine legislation remains uncertain amid several resolutions.
MENTIONED IN THIS ARTICLE
Henderson
Senate
Philippines
Washington
House
Clayton
Driges
Firemerald
Levy
Rmpert
Scudder
Underhill
Wilson
New York
McAleer
Pennsylvania
Denny
Maryland
Thayer
Massachusetts
John Walter Smith
Stallings
Alabama
Jason Wheeler
Alabam
Wheeler
Smith
Lsts
Bailey
General Wheeler
Committee On
Brositts
Banking
Grosvenor
Ohio
Merchant Marine and Fisheries
Southard
Cooper
Wisconsin
Ways and Means
McCall and Long
Reps
Newlands
Eliver
Odem
Insular
Hland
Missouri
DeArmond
Sultan's Son-In-Law Flees to Marseille
Constantinople reportsMahmud Pacha fled with his wife jewels and funds sailing to Marseilles. Ankara asks French Foreign Minister Delcasse to arrest him on suspicion of involvement in a plot to assassinate the sultan, though the charge is widely disputed as a possible intrigue against him.
MENTIONED IN THIS ARTICLE
Constantinople
Mahmud Pacha
Marseilles
M. Delcasse
Mahmud
Trial of Solomon H Quinter Opens in Reading
Reading Pa Dec 11 jurors were chosen to try Solomon H Quinter who killed his wife and Edward Kitermiler last August. The trial will begin tomorrow and may take the court for a week.
MENTIONED IN THIS ARTICLE
Reading
Solomon H. Quinter
Edward Kitermiler
Sullivan Stops Popp In Sixth Round at Hawthorne Club
Buffalo December 16 Spike Sullivan of Boston KOed Jim Popp of Toronto in the sixth round of what was to be a 10 round bout at Hawthorne Athletic Club Longiat area likely typo but report states engagement ended early in the Sixth.
MENTIONED IN THIS ARTICLE
Buffalo
Spike" Sullivan
Boston
Jim” Popp
Toronto
Hawthorne Athletic Club
Lontgiat
Handwriting Expert Faces Cross Examination in Molineux Trial
In New York on December 18, handwriting expert William J. Kinsley was cross examined by Bartow Weeks in the Roland B. Molineux trial. The discussion centered on detailed features of the address on the poison package. Molineux’s wife and mother attended, and he embraced them in court.
MENTIONED IN THIS ARTICLE
New York
Roland B. Molineux
William J. Kinsley
Bartow
Weeks
Mr. Weeks
Mr. Kinsley
Molineux
Silver Republicans Issue A Manifesto From Gold Standard Split
Silver Republican leaders issue an address denouncing the gold standard policy advanced by the House financial bill. They warn that the party's shift risks betraying bimetallic goals and promise to promote international silver coinage, urging voters to resist the Republican drift toward gold and preserve silver dollars and greenbacks.
MENTIONED IN THIS ARTICLE
Washington
House
Himvet al- Tisma
Republican Party
Badking
Creditore
Walmly
International Monetary Commission
International Commission
Provident
Mn Bryan
Ava
Greenbucks
Republian
Abraham Lincoln
Failure of a Trust Company in Wall Street Turmoil
A notice on the door claims the company can pay all but not now as directors hand affairs to a committee. State examiner reports and denials surface while rumors spread about the firm’s condition last week. The company collected out of town checks without charge and Edwin Gould’s connection ends over two men offered 500000 to remove them.
MENTIONED IN THIS ARTICLE
Jong
Stock Exchange
Wall Street
Clearing House Committee
Clearing House
Edwin Gould
Standard Oil
Weinenlay
Gould
Teall
Motntvyre
Polley
Produce Exchange Trust Company Suspends Payments
New York City December 18 The Produce Exchange Trust company at 26 Broadway closed its doors and suspended payment to depositors and stockholders. A special committee led by Edwin Gould was appointed to take charge of the company’s affairs as city officials and Wall Street observers weighed the impact on deposits and municipal funds.
MENTIONED IN THIS ARTICLE
Gilmore
New York Stock Exchange
Congress
Miinifoato
Produce Exchange Trust Company
Falla
New York
Broadway
Produce Exchange Treet Company
Edwin Govid
Charles PP. Armatronit
George RK. Bidwell
Edward A. Maher
Frank Bredward
Alinon Goodwin
Wilam Nelgen Cromwell
Colinsel
Produce Exchanges Trust Company
of Companies
Edwin Gow
London Looks to Roberts and Kitchener for South Africa Cure
London observers credit Lord Roberts of Kandahar and Lord Kitchener as the right men to salvage the South Africa crisis. The piece notes cabinet changes after General Buller’s failure, discusses the shift from Symons to White and Buller to Roberts, and mentions Irish political tensions and press mockery of Davitt O Brien for a Dublin event.
MENTIONED IN THIS ARTICLE
London
Lord Roberts
Candahar
Britain
Lord Kitchener
South
Aftica
Buller
South Africa
Supreme Command
Symons
White
Roberts
Kitchener
Lord Salisbury
Ponuece
Davitt-O' Brien Flasco
Dubin
Mr. Chamberlain
Irish Oratory
Mauis Monne
Kitchener to Leave Omdurman for Cape Town Tour
Cairo dispatch reports General Lord Kitchener named chief of staff to General Lord Roberts will depart Omdurman tomorrow and reach Kitchener will journey to Cape Town at once as conditions permit scheduled for Friday arrival in Cairo and travel onward to South Africa with Roberts forces.
MENTIONED IN THIS ARTICLE
Cairo
Lord Kitchener
Lord Roberts
Candalar
South Africa
Omdurman
Cape Town
Posable
Roberts Leaves Saturday for South Africa
London dispatch says General Lord Roberts and his staff sail for South Africa on the Dunottar Castle on Saturday.
MENTIONED IN THIS ARTICLE
London
Lord Roberts
South Africa
Dunottar Castle
Harrisburg Board of Pardons Meeting Scheduled
Harrisburg reports the board of pardons will hold its regular monthly meeting on Wednesday. The article notes there are nineteen cages on the mut.
MENTIONED IN THIS ARTICLE
Harrisburg
Board of Pardons
Prisoners freed and U.S. advances in Philippine operations
Manila reports General Young believes American prisoners including Lieutenant Gilmore are with U.S. troops. General Lawton departs Manila with heavy forces to San Mate and Zambales to pursue insurgents as Major Smith and Captain Layson rout guerrilla bands. Insurgents in Panay appear suppressed.
MENTIONED IN THIS ARTICLE
Lawton
Manila
Eleventh Cavalry
Grant
Aguinaldo
Subig Bay
Major Smith
Zambales
Panay
Young
Gilmore
Howse
Hunter
Iocos
Wee
Lockett
Twenty-ninth
Twenty-seventh
Sargent
San Mate
Geroronwo
Subig
Layson
Pennsylvania Railroad Pension Plan Announced for 1900
The plan, issued by President Cassatt, retires 100 workers on January 1, 1900 and sets a 35 age limit for new hires. It covers east of Pittsburgh and Erie railroads, with pensions equal to 1 percent per year of the last ten years’ average pay. Officers aged 65 to 69 with 30 years service may retire with a similar pension, capped at 300,000 dollars annually.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Railroad
Prosident Cassatt
Pennsylvania Railroad System
Pittsburg and
Erie
Pennsylvania Railroad Company
Northern Central Railraad Company
Wilmingston
Inet
Washington Dec 44 Pensions Tweerwee and Richarde List
Pensions allocated to Tweerwee and Richarde from Washington dated December 44. Includes recipients Paschal B. Richarde of Bradford and John Shafer Jr of Freeland plus Luzerne entries with amounts up to 80 dollars.
MENTIONED IN THIS ARTICLE
Washington
Tweerwee
Paschal B. Richarde
Bradford
John Shafer, Jr
Freeland
Luzerne
Weather Forecast for Eastern Pennsylvania
For Tuesday and Wednesday cloudy with showers in the afternoon or night. Wednesday turns colder with generally fair conditions and a shift from southerly to westerly winds.
MENTIONED IN THIS ARTICLE
Washington
Pennsylvania
Also Mentioned on This Page
Wallatreet
Industria
McGovern
United States of the Philippine Islands
Taiman
Bacon
Morgan
Ali
Committee On Judiciary
Sultan
Solomon Quinter
Popp
Silver Republicans
Charles A. Towne
Henry M. Teller
R, FP
Petti Frew
Frank J. Cannon
Edgar Wilson
Charles Hartman
John Shafroth
Fred T. DuBois
Produce Exchange Institution
General
Northeastern
Financial and Commercial
Local—Board of Trade and the Water Question
City Truste Secure
Chamberlain Keenan
Eity
Chamberlain Campbell
Vermigle & Co
Coler
Robson
Gunetor
Wright
Old Forge
Scranton
Suburban
Roberts and
Sirdar
U. S
Pennsylvania Pensions
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