Morgan syndicate bids to take full 100 million bond issue
A Morgan-backed syndicate plans to bid the entire 100 million four percent government bonds due for sale February 5. They aim to win all or none, offering to pay above 104, and to supply gold to boost treasury reserves, while ensuring the government surplus remains ample. Individual bids may follow the syndicate bid.
MENTIONED IN THIS ARTICLE
New York
J. Pierpont Morgan
Treasury
Mr. Morgan
Morgan
Treasury Reserve
Secretary of the Treasury
Treasury Standby to Supply Gold for Reserve
Washington report says national and private bankers will provide gold to support the treasury reserve if needed before February 5, the bond bid date, though Secretary Carlisle expects not to need it. Cash balance stands at about $178.8 million with a $58.35 million gold reserve, and year‑to‑date receipts exceed last year by $8 million while expenditures are $5 million lower.
MENTIONED IN THIS ARTICLE
Chicago
Washington
Carlisle
Treasury
Senate panel weighs coastal defenses amid torpedo funding needs
At a January hearing of the Senate committee on coast defenses, officers of the bureau of engineers testified that the army needs 2.5 million dollars for torpedoes and land defenses. Experts warned torpedoes lack value without gun protection and a year would elapse to equip principal U.S. ports if funds are approved. A 12 million dollar request was also raised for the fiscal year ending June 30, 1897, to cover emplacements and stores for torpedo systems and guns. The hearing centers on a bill for strengthening sea defenses.
MENTIONED IN THIS ARTICLE
WaAsatheron
Senate Committee On Coast Defenses
Squires
Bureau of Engineers
United States
Tha Wats
Financial uncertainty dampens early January business
Dun and Company reports first two days of January failures totaling 9918 795 with 240 407 in manufacturing and 678 388 in trading. Weekly failures 431 in US and 53 in Canada. Bond sales spark cautious optimism, while product speculation lags. Cotton flat, wheat up, corn steady. wool sales rise, leather weak, boots and shoes lag, iron and steel prices mixed. Domestic trade rises 14.66 percent over last year yet lags 1893 as seasonable goods distribution shrinks.
MENTIONED IN THIS ARTICLE
New York
United States
Canada
Atlantic
Bessemer
Connellyville
Nail Association
Chicago
Gov Bradleys Reform Agenda Seeks Costly State Upgrades
Gov. Bradley's message to Kentucky lawmakers urges a new state capitol and governor's mansion, calls for tighter election penalties, abolishes certain bureaus, and proposes legislative, judicial reforms. It warns of a growing projected treasury deficit and narrows options to raise revenue through higher licenses and reduced official salaries.
MENTIONED IN THIS ARTICLE
Frankfort
Bradley
Bureau of Agriculture, Register of Lands and Commonwealth
The Cubans' Cause and Havana Tension
A Washington Herald Special reports rising pressure in Congress to recognize Cuban belligerency. President unchanged in opposing immediate recognition, while Cuba’s fight proceeds. Guanajay becomes active operations center as Havana eases defenses and rumors arise of U S mediation with Campos Gomez talks. Consul Williams remains silenced.
MENTIONED IN THIS ARTICLE
Gomez
Congress
Cuba
New York
Herald
Havana
Guanajay
Pinar del Rio
Cleveland
Consul Williams
Campos
United States
Williams
Crafty Gomez Declines Trap Move in Cuban Campaign
Havana reports Maximo Gomez with 2000 insurgents has passed San Antonio Alquizar and Guira Melana on a counter march from Havana toward Pinar del Rio. His route remains unclear, but the flank move suggests a northern retreat as insurgents press along the coast awaiting a supply expedition.
MENTIONED IN THIS ARTICLE
Campos
Havana
Maximo Gomez
San Antonio
Alquizar
Guira Melana
Pinar del Rio
Guira’ Melana
Gomez
Two Earthquakes Hit Tenera District Tragic Toll
In Khalk hai district, January 2 and January 5 quakes caused widespread destruction. Janjabad village was wiped out with hundreds killed. Goi town suffered extensive collapse, 1000 houses destroyed, 800 deaths in Goi, and heavy loss of cattle and sheep.
MENTIONED IN THIS ARTICLE
Teneran
Khalkhai
Janjabad
Goi
War Lord Surrenders to Grandmother, Queen Victoria Letter
Telegraph dispatch from Berlin reports Emperor William received an autograph letter from Queen Victoria on January 8. His reply, now in the queen's hands, is said to express a general proffer of peace to the English people. German ministers reportedly confirmed no slur on England's dignity.
MENTIONED IN THIS ARTICLE
London
Telegraph
Berlin
William
Victoria
England
Inside history surfaces on Venezuelan policy origin
A Washington special reports that Kenesaw Landis echoes claims that Gresham drafted the Venezuelan policy and that Olney received credit. Cabinet members confirm Gresham studied the dispute, prepared the brief, and believed Britain aggressor, hoping to establish his diplomatic legacy.
MENTIONED IN THIS ARTICLE
Curcaco
Washington
Kenesaw M. Landis
Gresham
Smith
The
Atlanta Journal
Olney
Salisbury
State Department
Department of Justice
Great Britain
Miowera Safe After Tow-Line Break Off Flattery
The Canadian-Australian steamer Miowera is reported safe after heavy tow-line failure while trying to move the disabled Strathnevis toward port. Warrimoo reached the area, passing Miowera 100 miles south of Hawaii as Miowera searched 150 hours for Strathnevis.
MENTIONED IN THIS ARTICLE
Victoria
B. C
Flattery
Strathnevis
Warrimoo
Hawaiian Islands
Missing Strathnevis Party Reaches Seattle Inland
A five member party from the damaged Strathnevis including Purser McDonald and Third Officer Bain along with three Japanese have been found safe in Seattle. Rescued Thursday by the lighthouse tender Columbine they endured severe storms until yesterday and reached Destruction Island before returning to Tacoma to rejoin the Strathnevis.
MENTIONED IN THIS ARTICLE
Seattle
Wash
McDonald
Bain
Strathnevis
Islaid
Columbine
Destruction Island
Tacoma
Baltimore city jury recommends restoring whipping post for wife beaters
The September term grand jury in Baltimore city court reported to Judge Dobbs and urged reactivating the long unused whipping post in the city jail, created to punish wife beaters, arguing it should be restored.
MENTIONED IN THIS ARTICLE
Barrimone
Baltimore
Dobbs
Criminal Court
Also Mentioned on This Page
Dun's: Commercial Review
Gov. Bradley
Crafty Gomez
Persia
Miowera
Grand Jury
Hood
Gil
L. Doucas
Wolllo
W. L. Douglas
Eee
R. W. L. Douglas
Brockton
Mass
Ean Poultry Yard
Kennedy
Donald Kennedy
Roxbury
Boston
Ric HaRncon
DeLono Bros
Philada
Fillmore Streets
Lake Carria
Eiktiert, Ind
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