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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 25, 1909
Page
15
The report notes a fragile money market with Britain raising rates and potential gold outflows. It highlights a widened US trade deficit, dipping exports, rising imports, and tariff fears driving near-term shifts. Steel and Union Pacific performances spark cautious optimism despite broader uncertainty.
The September export total reached 14.56 million dollars, about a 10 percent rise from September 1908, with cotton still the largest contributor. Copper, zinc, tobacco, and other goods also show gains, while wheat falls. Nine month totals show May to September advancing in some items but overall nine month value below the previous year.
Former Chairman Charles N. Fowler of the House banking committee challenges Senator Aldrich to joint debates on central banks. He argues a central bank would be undemocratic and erode independent banks, urging presentation of both sides before Americans decide.
Readers submit questions on veteran and widow pensions, service-connected disability, and retirement pay. The column cites acts from 1907 to 1902, advising on eligibility, dates of entitlement, and how pensions coordinate with active duty, retirement pay, and state home benefits.
Cotton experts of the Department of Agriculture dismiss sensational claims that anthracnose costs 1 000 000 a year across states. Prof A Orton says the disease is sporadic, mainly in wet seasons, and manageable with resistant varieties, clean seed, and crop rotation. W A Gilbert is studying the issue and preparing a full report.
Special to The Times- Washleton. In Greenwich, doctors fix teeth for ten cents per tooth for local poor children. Wealthy New Yorkers fund the effort through the United Workers, who arrange days for the service at their rooms. The aim is to avoid charity stigma by making payments feel like a contribution. Mrs George Nicholls, a noted New York and Greenwich society figure, is mentioned in connection with the effort.
State Health officer Dr W M Bramley issues a notice to county and municipal health authorities across Texas urging energetic action to stamp out the prevalence of the book worm disease in many counties. Airborne spread noted across the state.
Nervousness grips London's markets as talk of impeding settlements and higher bank rates spreads. Berlin sees liquidation with a sharp stock decline while Paris reports restrained speculation yet steadier investment demand.
New York Oct 2 The steel market widens with railroads ordering 10 000 cars and contracts for 325 000 tons pending amid rising prices. October sales pace remains strong with 260 000 tons moved across Pittsburg Chicago Buffalo Cincinnati and St Louis regions. Independent houses, rail shops, and large steel firms report heavy contracts for rails, floors, pipes, foundry and forge grades, and foreign iron deals small.
The United Press reports a plan by a national corporation to regulate drink in Fayette County Pa. The firm plans to invest $1000 to acquire coke breweries in the county and merge them under the Pittsburg Brewing Company. Backed by a steel concern, the effort aims to control workers drinking patterns to boost profits, with aims to expand drinking establishments and regulate when and where men drink.
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