Stock Market Slump Bleeds into Week Amid Heavy Borrowing
The Washington Post reports a persistent stock market heaviness last week with a notable rise in borrowing demand, especially for United States Steel. Analysts debate whether declines reflect liquidity issues or actual sales to cover new issues, while corporate security offerings continue to influence prices.
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Washington Post New York
Cief
Perhay
United States Steel
Stock Exchange
Ueleware
Fludson
Gentral Licetrie
Omey
Aml
Rock Island
Puctn
Gas rate case master finds New York City law unjust
In a federal court filing the appointed master reviews Consolidated Gas Company pleas for relief from a state law reducing gas price to 8 cents per thousand feet in New York City. The master flags the law as unconscionable.
MENTIONED IN THIS ARTICLE
Consolidated Gas Company
New York City
Federal case battles over gas company capitalization and frangible rights
Daniel F. Kellogg notes the 80 drastic provisions forcing Consolidated Gas Co to serve without fair reward, calling it a despoilment. He cites ongoing litigation and possible Supreme Court review, flagging legal disputes on including franchise values and unearned decrement in capitalization as years pass.
MENTIONED IN THIS ARTICLE
Consolidated Gas Company
Supreme Court of the United States
Daniel F. Kellogg
Iron and Steel Exports Soar in Fiscal Year Outlook
United States iron and steel exports are projected to total about 175 million dollars in value for the fiscal year ending next month, with ten months of 1907 at roughly 150 million. Locomotives, sewing machines, electrical machinery, builders' hardware, rails, and other steel products dominate the export mix as leather goods surpass cotton in nine months.
MENTIONED IN THIS ARTICLE
United States
Bureau of Statistics
Department of Commerce and Labor
Tobacco Needs Rain Threatens Late Tobacco Crop
Reports from South Boston and surrounding Virginia areas show severe drought and cool conditions hurting tobacco transplants and beds. Prices for loose tobacco in Petersburg range from six to fourteen dollars per hundredweight, with a very short new crop expected due to unseasonable cold and persistent dryness. Destructive hailstorms in Durham have damaged cotton but spared tobacco, while Lynchburg notes light receipts and an anticipated light season with adequate plantings for next season.
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Washington Post
Boston
Petersburg
Durham
Lynenburg
Textile workers refuse wage offer in Lowell council vote
Lowell Mass May 26 The Lowell Textile Council rejected manufacturers last week to advance wages Bb per cent and will seek a conference. A week earlier the council asked for a 10 per cent rise after similar increases in other mill centers. Local manufacturers offered a 6 per cent raise, deemed insufficient by union representatives.
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Lowell
Mass
Lowell Textile Council
Textile Council
New Hareland
Break Window and Shoes Steal at Bieber Kaufman Store
Four youths smashed a show window at 901 Eighth Street Southeast and grabbed twenty five shoes. Officer Rice chased and captured seventeen year old Robert Wernstein, who carried four stray shoes. Window damage valued at $100.
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Bieber-Kaufman
Eighth Street
Policeman Rice
Robert Wernstein
Wernstein
Markets Show Global Stock Slump Amid Uncertain Conditions
A London report notes continued stock stagnation with brokers theorizing on a world mood shift. Paris closes the week with a broad bourse improvement though political and tax concerns linger. New York, Berlin, and London markets dimmed by cautious investor sentiment and overseas political tensions.
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London
Stock Exchange
Berlin
Paris
Vienna
Amsterdam
New York
Witten Named to Oversee Montana Land Entry Opening
J W Witten chief law clerk for the General Lands Office is designated by Commissioner Ballinger to supervise the opening to entry of 633 farms in the Huntley irrigation project Yellow stone County Montana. The July 22 opening uses a mail in sealed card drawing system with a single farm unit per entrant and payments of 4 dollars per acre with 1 dollar at entry and 75 cents per acre yearly for four years.
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J. W. Witten
Montana
General Lands Office
Ballinger
Huntley Irrigation Project
Yellowstone County
Mont
Roosevelt
Secretary of the Interior
Anderson's Trial Today Over Assault on Eight-year-old Girl
Robert L. Anderson faces arraignment in Police Court this morning on a charge of assaulting an eight year old girl. He claims to be a physician and was boarding at 17 Fourteenth street northwest with the child's family. He has prior trouble for practicing medicine without a license. Also from Niagara Falls, Baron Ger Kuroki of the Imperial Japanese Army visited with his entourage and travels to Buffalo then Chicago.
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Robert L. Anderson
Fourteenth Street Northwest
Alice May Gary
Anderson
Niagara Falls
Ontario
Ger. Kuroki
Imperial Japanese Army
Buffalo
Chicago
Hagerstown
Spain
Hannah J. B
United States
Kingdom of Spain
Pensions for Soldiers Widows and Heirs Guidance
Readers send in questions about eligibility for pensions under the 1898 1907 and 1890 acts. The Pension Editor answers on topics including widowhood after remarriage service connection age limits and dates of enlistment discharge and how to file with the Pension Bureau for various cases rural and city responses from Philadelphia Baltimore Rockville and Indianapolis.
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B. Jones
Thia
J. H
Boston
Mass
John M HL
United States
Army
Navy
Marine Corps
United States and Small Republics Shape Drago Doctrine Reach
The United States leads Western Hemisphere participation in the Drago Doctrine talks at The Hague with 21 nations possible. Secretary Root’s diplomacy secures Russian invitation for Central and South American republics, while some states delay or skip representation due to war, revolution, or indifference.
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United States
Americas
Washington State Department
Russia
Washington
Peace Talk in Castle Hosts Second Arbitration Conference
The Hague hosts the second peace conference in a thirteenth century castle known as the Hall of Knights. Delegates from forty six countries converge to discuss Drago doctrine limits and arms restraint while American diplomats seek broad understanding on debt collection force.
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the Hague
Holland
Utrecht
Guelders
Haagsche Forest
Binnen-Hof
Hullandy
States General
Staatholders
Thames
London
No Title Given
The passage argues that the United States cannot fully influence the second Hague conference as its outcomes are not decided by vote and there is no way to coerce unwilling powers into accepting proposals. It emphasizes the limits of American moral influence on global diplomacy.
MENTIONED IN THIS ARTICLE
Washington State Department
Americas
Hague
Root
United States
England
Spain
Europe
Asia
Honor Jeanette Heroes at Woodlawn Cemetery
In New York on May 2, a small ceremony marked the interment of Commander George W. De Long and five crewmen from the Jeannette expedition. The De Long Guard and Arctic Club members spoke and prayed, with plans to lobby Congress for a monument honoring the polar explorers and equally paying tribute to William Ziegler whose generosity funded Arctic missions.
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New York
Woodlawn
George W. de Long
U.S. N
Arctic
de Long Guard
National Guard
Hoboken
A. A. Mansfield
Arctic Club
Capt
B. 8S
Osborn
Congress
William Ziegler
Two Boys Kept From Jamestown Exposition Ride
Two fourteen year old boys Edward Murphy and Paul Jackson were found aboard a Norfolk and Washington Line steamer and taken to the harbor precinct. Police contacted their parents who had not given permission for the trip. The youths were held under parental guardianship and returned home.
MENTIONED IN THIS ARTICLE
Washington
S. J. Cooper
Harbor
Edward Murphy
Sixteenth Street
Paul Jackson
Jamestown
Warning on serial guaranty numbers for food and drug labels
In an opinion from Saturday the board of food and drug inspection warns against implying U.S. government guarantees with serial numbers on food and drug products. The guaranty is the manufacturer’s responsibility, not the government’s, and misuse or misbranding risks withdrawal of the serial and return of the guaranty.
MENTIONED IN THIS ARTICLE
Board of Food and Drug Inspection
P Department of Agriculture
Department of Agriculture
United States
Department
Assault on Girl Alleged by Lawrence Johnson
Lawrence Johnson colored twenty eight was arrested Friday and held at Seventh precinct for investigation. Yesterday a charge of having assaulted a nine year old colored girl was placed against him. The girl Emma Moten of 112 Twenty ninth street identified him after naming Johnson from a group of six men.
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Lawrence Johnson
Seventh Precinct
Emma Moten
Twenty-ninth Street
Canal
Johnson
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