London Money Market Stays Firm Amid Half Year Demand
Money was distinctly harder today with demand fairly good yet subdued by week end closures. Prices for gilts and first-class securities softened as a large new borrowing loomed, while Americans strengthened in sympathy with New York. The Bank of England may need temporary action, and annual treasury bill yields surpassed expectations as foreign funds remained scarce. The exchange gap with America widens due to corporate financing and gold shipments. The Bank of England reserve, bolstered by a four million pound rise, will likely ease before autumn as holiday outflows reduce bullion.
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London
Exchange
New York
Bank of England
Treasury
America
Europe
United States
Paris
Berlin
Bank of Eneine
England
Germany
France
King Edward's Note Paper Highlighted in Free Lance Feature
The London Free Lance reviews King Edward's preferred stationery noting a monogram with an left corner E. The crown is woven into the top of the E, the Roman numeral VII shown in the lower section. The E is silver with a black cutaway line and stamped details in the paper. Edward favors hand made azure laid paper of post size with subtle engravings.
MENTIONED IN THIS ARTICLE
London Free Lance
Edward
German Rulers Echo Bismarck Praise Amid Kiel Regatta
Berlin reports a week of speeches and regattas amid sunny weather starting with the Bismarck memorial unveiling before the Reichstag. The Emperor urged expansion and praised peace, while critics debated China's war outcomes and Germany's naval ambitions.
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Berlin
Bismarck
Reichstag Building
Germany
Count von Buelow
Hagen
Kiel
Cologne Volks Zeitung
Cuxhaven
China
Baron von Ketteler
Schurman Sees Limited American Intellectual Progress
President Schurman of Cornell, quoted by the Herald from Ithaca, argues American intellect lags in first-class creative work. He warns Americans rely on Europe for poetry, art, literature, and science and urges colleges to raise effort to reclaim leadership in science and culture. Dr Henry Van Dyke is named as head of the English department.
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Ish Department
Princeton
Tribune
Schurman
America
Europe
England
Stephen Philip
New York
Cornell University
Ithaca
Henry van Dyke
Eng
Stop rate cutting pact for patent medicines likely formed
The Chronicle reports pending negotiations between the National Retail Druggists Association and patent medicine manufacturers may yield a deathblow to the cut rate drug trade. A price ceiling will be set by manufacturers with refusals to supply failing dealers, and sales via secondary parties will end.
MENTIONED IN THIS ARTICLE
Chicago
the Chronicle
National
Retail Druggists’ Association
Manufacturers of Patent Medicine
Colonel Hay Explains Representations to the Czar
The State Department has sent to Count Cassini, ambassador for Russia, representations on the sugar and petroleum tariff dispute. Secretary Gage’s statement says the aim is to reduce friction and avoid personal clashes. The note explains the countervailing duty provisions of the Dingley law and argues for remission of higher duties on American goods.
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Washington
State Department
Count Cassini
Gage
United States
Treasury Department
Representative Steele opposes tariff revision plans
Washington June 22 Representative George W Steele of Marion arrived in Washington to review department matters. He said there is no pressing demand for tariff revision, even in Indiana where Democrats are satisfied with current affairs. He noted tariff changes would be along Republican lines when necessary and stressed business wants rest not agitation. As a Ways and Means member, he will engage in debate over Babcock's measure.
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Indianapolis Journal
Washington
Society For Psychical Research
Mentone
Judy
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Palace
Hampton Court
England
Mrs. Wodehouse
Hettner
Monte Carlo
Mamma
Megatherium
Meg
Andrew Lang
Peter
Old Peter
Ayecroft Hall
George W. Steele
Marion
Babcock
Steele
Indiana
Ways and Means Committee
National Capital Notes Overview Indianapolis Bank Reserves
Special to the Indianapolis Journal from Washington reports approval of reserve agents for Indianapolis banks and appointments of postmasters in Indiana. It notes consolidations between Alaska and Columbia departments under General Randall, with Vancouver Barrene Washington headquarters, plus several postmaster commissions in Knox and surrounding counties.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Washington
Bankers’ National
Metropolitan National
National Bank of the Republic
Chicago
National Bank of Commerce of
Boone County
John W. Lambertson
Moore's Hills
Dearborn County
Department of Alaska
Department of Columbia
Randall
Alaska
Vancouver
Barcarne Washington
Ndiana
Russellville
Eanesty
N. F. Scribner
J. R. Whitson
Plainville
Daviess County
John A. Evans
W. J. Hildreth
Mexico
Miami County
Vincent C. Homan
B. H. Maple
Ogilville
Bartholomew County
H. Schmidt
C. R. Maybe
Horace
Farise Wet James
United District of
United i
Million Dollar Endowment for People s Churches
A Western benefactor has placed 1 million dollars in escrow in a Denver bank to fund People s Churches across the United States under Dr H W Thomas plan. The new organization elected a board with H W Thomas as president and John F L Eberhart as treasurer. The effort aims to build churches and a Lutheran university while expanding YMCA foreign work and church ends through 1917.
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Rockefeller
Carnegie
Chicago
Denver
United States
H. W. Thomas
Thomas
Chiago
West
Hunter
Ne Ee
Eta
People's
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