Steel interests propose employee stock plan for profits
United States Steel Corporation announces a two part plan to let officers and about 168 000 workers become permanent stockholders. Preferred stock at 82 50 offered to six salary classes with 25 000 shares targeted. eligibility requires five years service and earnings share caps. Plan details include profit selection rules, funding through annual earnings, and stock delivery upon tenure or disability.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
George W. Perkins
Perkins
Steel Corporation
Finance Committee
Ieee
Oracton
Andrew Carnegie Gifts New Orleans 250000 for Libraries
New Orleans receives a 250000 gift from Andrew Carnegie to fund a main library building and three branches. The city will supply sites and dedicate 25000 yearly for ongoing support. Professor J H Dillard of Tulane University was called to New York to finalize arrangements.
MENTIONED IN THIS ARTICLE
New Orleans
Andrew Carnegie
J. H. Dillard
Tulane University
Library Board
New York
Robert Bacon Retires From J P Morgan & Co
Robert Bacon retires from J P Morgan & Co New York Drexel Co Philadelphia and Morgan Harjen Co Paris due to ill health He will not be replaced as director roles at United States Steel and other holdings continue Bacon plans to attend to duties as health permits Firm denies disputes as cause and expresses general regret
MENTIONED IN THIS ARTICLE
New York
J. P. Morgan & Co
Robert Bacon
Drexel & Co
Philadelphia
Morgan, Harjen & Co
Paris
Bacon
J. Pierpont Morgan
United States Steel Corporation
Morgan
Leaf tobacco smuggled under organized gang theory
Nevada M. Stranahan, port collector in New York, believes a regular gang smuggles tobacco on North Atlantic liners. He plans to arrest ringleaders and seize more evidence as recent seizures accumulate. He cites Sumatra wrappers with $1.8 per pound duty and says stowaways have had fines paid.
MENTIONED IN THIS ARTICLE
New York
the Evening Post
Nevada M. Stranahan
Stranahan
Money From Appointees Rasch Admits Gains From Office
Special to the Indianapolis Journal Evansville Ind Dec 31 Judge Louis O Rasch of Vanderburg Circuit Court acknowledged taking money from appointees in return for offices He said 290 from Bailiff Sanders was a voluntary campaign contribution returned after one day Hawkins paid 750 for reappointment Hawkins denied paying any part Rasch a Republican cites good faith in handling campaign expenses amid impeachment threats
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Evansville
Ind
Louis O. Rasch
Vanderburg
Rasch
A. Sanders
Hawkins
Sanders
Judge Rasch
Methodist drive raises over twenty million in nation
In Springfield Massachusetts Dr E M Mills announced that Methodists across the country have contributed more than 32000000 toward the Twentieth Century Thank Offering movement begun at Trinity Church. Funds have supported church debts schools and charities with substantial allocations for churches in destitute areas.
MENTIONED IN THIS ARTICLE
Springfield
Mass
Trinity Church
E. M. Mills
Board of Bishops
Mills
Austin H. Brown Dies After Five Month Illness
Austin H. Brown, longtime resident, died at 2:10 this morning from complications of diseases following a five month illness. He was widely known in the community and leaves surviving relatives. Funeral arrangements will be announced by the family.
MENTIONED IN THIS ARTICLE
Wisconsin Central
B&b. E. Potter
Metropolitan Street Railway Company
New York
Connellsville
Lower
Latrobe
H. C. Frick Coke Company
Lackawanna
Truesdale
Prominent Indianapolis figure Austin H Brown dies at 82
Austin Haymond Brown longtime city leader and postmaster, collector of internal revenue, councilman and theater promoter died this morning at his Blacherne apartments after months of kidney and bladder illness. He leaves widow Margaret Eliza Russell Brown and two sons, Austin H Brown Jr of Kennett Cal and William J Brown of Indianapolis. Burial planned in the city. Born March 19 1828 in Milroy Rush County he helped chart Indianapolis growth from small town to metropolis. He edited the State Sentinel, served as auditor, deputy customs surveyor, postmaster and a member of the National Democratic Committee among many roles and duties. His death ends a public career noted for vigor, humor and integrity.
MENTIONED IN THIS ARTICLE
Austin H. Brown
Blacherne
William J. Brown
Austin H. Brown, Jr
Austin Haymond Brown
Mr. Brown
Milroy
Rush County
Coss
Indianapolis
Brown
Indiana Democrat
Marion County Seminary
University Square
Old Asbury College
de Pauw University
James K. Polk
Treasury Department
Washington
State Sentinel
Chapman Brothers
Democratic Party
Margaret Eliza Russell
Col
Alexander Russell
Colonel Russell
Ward Brothers Drug Company
South Meridian Street
Constitutional A
Cincinnati
Madison
Ohio
Marion County
John M. Commons
Meridian and
Maryland Streets
Athaneum
W. J. Florence
John Drew
Maggie Mitchell
Auditor's Office
Morton
President Johnson
Indianapolis Journal
National Democratic Committee
Indiana
Indiaapolis
George G. Tanner
New League of Toilers Promises Open Shops Demanding US-Only Members
Albany reports outline of National League of Independent Workmen of America to organize nationwide branches. Goals include open shops with equal chances for union and league members, wage support, shorter hours, apprenticeships, sanitary work conditions, enforcement of laws, and a labor bureau. Houston firemen threaten a wage-focused stoppage with about seventy-three men involved as union activity escalates.
MENTIONED IN THIS ARTICLE
Albany
N. Y
E. M. Fairchild
National League of Independent Workmen of America
Houston
Tex
Stenday
Strange disease claims life of Rev. Dr. Marks
Retired Methodist clergyman Rev. Dr. Marks, eighty, died near Shelbyville Tennessee after a four year growth of cartilage enveloped his body from pelvis to chest. Doctors in New York and Chicago could not diagnose the case. The cartilage likely pressed on the heart and lungs, causing death.
MENTIONED IN THIS ARTICLE
New Decatur
Ala
Marks
Shelbyville
Tenn
New York
Chicago
Good Balance Shown as City Ends Year with Cash Credit
Indianapolis closes 1902 with a reported net cash balance over $100000 and outstanding warrants near $70000. The administration, led by Mayor Bookwalter, reports solvency, no debt beyond bonded debt, and a projected cash balance between $27000 and $30000 for the new year amid prior deficits and a temporary loan.
MENTIONED IN THIS ARTICLE
Indianapolis
Bookwalter
Gallup
Taggart
Breunig
Ceuseersacebonessas
Vital statistics reveal 1902 births and deaths in Indianapolis
The 1902 Indianapolis report shows 2,606 deaths and 3,469 births, with an estimated city population of 195,000 and a death rate of 13 per 1,000. Births totals by month and district are listed, while construction permits rose overall but lacked a standout single item like the Newton Claypool projects.
MENTIONED IN THIS ARTICLE
Indianapolis
Board of Health
Newton Claypool
Claypool Hotel
Bartel
Mayor appoints F J Mack to Park Board after King’s resignation
Mayor Bookwalter named F J Mack as Democratic Park Board member to replace Isaac King who resigned. Mack, a former Alderman and two term Public Safety member, is active in German groups and South Side civic life, living on South Illinois street for twenty years and a major Garfield Park improvement supporter. Col Michael A Downing also approved for another term. City Clerk Elliott reports higher fee totals than Geckler with detailed breakdowns across city fines, state fines, and docket collections.
MENTIONED IN THIS ARTICLE
Bookwalter
F. J. Mack
Isaac King
Mack
Board of Aldermen
Taggart
Board of Public Safety
Germania Park Verein
Maennerchor
South Side
Turnverein
Charles N. Elliott
John T. Geckler
Elliott
Geckler
Coal lands attract eastern capital to Sullivan County
In Sullivan County Indiana rich coal veins discovered near the west part of the county draw attention from Pennsylvania and Ohio operators. Five drills work on a 3,000 acre tract west of the city as Mammoth Vein Coal Company sinks two shafts near Shelburn. Indianapolis dealers complain coal ships to Chicago due to rail rates and better markets, prompting calls for a railroad linking Indianapolis with Indiana coal fields. The Manufacturers Mining and Fuel Company advances a mineral land deal northeast of the city.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Sullivan
Ind
Pennsylvania
Ohio
Muncie
Mammoth Vein Coal Company
Shelburn
Indianapolis
Indiana
Chicago
Manufacturers’ Mining and Fuel Company
Congo Cannibal Attack Kills Lieutenant and Party
The Congo administration reports that Lieutenant De Magnie and his party, stationed near Port Boni on the frontier, were attacked by a cannibal tribe on June 4. The entire party was murdered and eaten, according to the news received in Brussels on December 31.
MENTIONED IN THIS ARTICLE
Brussels
Congo
Lieutenant de Magnie
Port Boni
Plans for Federal Building Change If City Chooses North Front
Reports from Washington recount varied Indiana matters. A Tippecanoe county woman seeks a 250 loan to buy a farm for her invalid mother, offering 5 percent interest and a mortgage. Treasurer Roberts cannot grant the loan. Senator Fairbanks secures a War Department furlough extension for Homer E. Gant to care for his ailing mother, allowing his stay past January 2 if needed. Representative Steele pushes for an extra clerk at the Logansport post office. Letters push Gurley Brewer’s candidacy for Liberia representation, backed by the Indiana Republican machine. Maud Weldon of Terre Haute named to a Government Printing Office post. Jesse Overstreet and Perry Heath arrive in Washington. Driscoll hosts, while Richardson predicts a Democratic presidential contest among Siegelman, Parker, and Olney, with a possible tilt toward Olney.
MENTIONED IN THIS ARTICLE
Journal
Washington
Indianapolis
New York Street
Federal
Mercer
House Committee On Public Buildings
Treasury Department
Taylor
Rankin & Kellogg
University Square
Ohio Street
Ates Ers Cer
Cleveland
United States
Roberts
Tippecanoe
Indiana
Fairbanks
War Department
Homer E. Gant
Greenfield
Gant
Thirteenth Cavalry
Philippines Catholic Church split heads to civil courts
In the Philippines Secretary Root has ruled that the civil courts there will decide the lingering quarrel within the Catholic Church, signaling a potential schism driven by competing factions. The decision shifts the matter from ecclesiastical to judicial hands, impacting church governance in the islands.
MENTIONED IN THIS ARTICLE
Washington
Root
Philippines
Sobis
Also Mentioned on This Page
THE
Itors
Wales
RESOL
Internal Revenue
League OF Toilers
Mutual Beneft
Fire Fighters
Office of City
Mits Mits
Insane King
Sullivan County Coal
Congoland
House Committee
Steele
Logansport
Xem
Gurley Brewer
Liberia
Brewer
Indiana Republican Organization
Maud Weldon
Terre Haute
Government Printing Office
Jesse Overstreet
Driscoll
Mr. Overstreet
Mrs. Perry
Heath
Raleigh, the
Richardson
House
Ponatet Sieman
Parker
Olney
Massachusetts
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