"Jive Highest Marks for Seventy-five Years Exceeded. PROPERTY LOSS ENORMOUS Fire Added to the Losses in Several Places—Low Districts All Sub- merged. MANY PERSONS WERE DROWNED All flood records were broken at Pittsburgh on the 15th of March when a new high mark of 36.2 feet was es- tablished, the previous record being 35 feet in February, 1832. The high- est mark since that was 33.3 feet, Feb- ruary 6, 1884. Ten square miles of the most thick- ly populated territory in Pittsburgh and Allegheny was under water. Thousands were homeless; dozens of splendid stores and great office build- ings were partially under water; the . ¢ity was in darkness except where lighted by private lighting plants.” An ice gorge which formed in the Allegheny about Parker broke and added to the destruction wrought by the water. Practically every iron and steel plant in the Pittsburgh district shut down. The water works on the South- side had to stop. A fire broke out which caused large loss and was con- trolled with difficulty. A loss in the Connellsville coke re- gion estimated at $2,000,000 and the breaking of all flood records has re- sulted. The stage at points along the Youghiogheny exceeded that of 1888, the previous high record. ‘The entire coke region was paralyzed industri- ously. The Muskingum, Scioto, Great and Little Miamis from the north, and the Kanawha, Big Sandy and Licking riv- ers from the south not only poured their surplus into the Ohio, but have laid waste farms and villages along their banks. Breaks in the big oil and natural gas pipe lines were re- ported hetween the West fields and the Ohio towns depending on them. ing in various sections. All the low lying districts of the towns and cities along the Ohio were | overflowed. At Wheeling and Bridgeport fire broke out causing over $200,000 loss. pottery in South Wheeling destroyed the greater part of the plant and threatened many houses. Three Syr- jan children were drowned when attempt at rescue was made. Persons in panic jumping in an overloaded boat capsized it. All but the children were rescued. Railroad service was affected in many places by landslides and the loss of bridges. A pile driver and locomotive on the Baltimore & Ohio Southwestern Scioto river at Chillicothe, O. Brake- man John Long and Thomas Whealor were drowned. At Marietta two-thirds of the city | was flooded and there was consider- | able suffering among the inhabitants, as nearly all of the groceries have been flooded. William McCracken, his wife and two children, were drowned. They were forced to the second floor by the flood, which soon took away the house and the whole family was lost. At Porstmouth Jetting the water heretofore flooded. Empire suffered a big property loss. Only two houses escaped being flood- ed and many were washed away. The inhabitants of Browns island with stock were huddled on a ridge strip two days. At school and seven houses were carried away. broke not levees territory two on At Cincinnati a stage of 63 feet was | reached. The city suffered a loss of about. $150,000 by the ¢ollapsing the Eighth street viaduct over railroads. the ANOTHER RIOT STORY Negro Soldier Says Brownsville Affray Was for Revenge. A former member of the Twenty- fifth infantry, colored, now at “shooting up” of Brownsville, Texas, because of an alleged insult by a white citizen. Says other joined him in attack on the town. Several other negroes promptly vol- scores against white citizens on ac- count of injuries they had suffered. The negroes returned to the barracks | after committing the assault on the town and many soldiers assisted in the hurried cleaning of the guns for after the shooting ceased. According to the alleged confession the soldiers from only one company of the Twenty-fifth infantry partici- pated in the riot, although nearly an entire battalion, later discharged, knew that soldiers had done the shooting. Ten miners, nine of whom were white. men and one negro, are dead as the result of an explosion in the Greenough mine at Coeburn, Va. To Oust the Standard. A bill seeking to inhibit the Stand- ard Oil Company from doing business in Tennessee and to oust that corpor- ation from the state was filed in the chancery court of Sumner county, at Gallatin. Attorn~y-General Charles T. Cates, Jr., brings the suit on behalf of the state under provisions of the anti-trust act of the legislature of 1903, which act has recently been sustained Ly the supreme court of Tennessee. Enterprise and advertising make the biggest pair in the deck. Virginia | | deen: An explosion of gas at the Warwick | rail- | way went through the levee into the | | cate Gal- | veston, confesses that he incited the | | engineers’ officers of the war depart- i ment to enforce the eight-hour law as soldiers | greatly i and harbor work under the large ap- unteered to go along to wipe out old | PANIC IN WALL STREET Prices on New York Stock Exchange Take Sudden Fall—Treasury Brings Relief. Under the effect of per cent. money and the generally pessimistic sentiment developed. 25 as a result 0G PROFTTO CONTRACTS Pennsylvania Capito! Investiga- tion Makes Disclosures. , NO FOREIGN CUT GLASS USED of | the recent heavy decline, trading on | the New bordering on actual panic. New low records for the year and in some in- stances for several years were estab- lished in the active speculative sues under precipitate selling. Liquidation was of a volume and character such as has not been wit- nessed on the Stock Exchange since May 9, 1901, when the development of a corner in Northern Pacific precipi- tated one of the severest short panics ever seen in the New York market. The extreme violence of the de- clines on that occasion was due large- ly to the fact that it broke in abrupt- ly upon a period of boom and rising prices. This demonstration was ra2i- cally different in that it succeeded a prolonged period of liquidation and severe declines in prices. - is- The sudden and acute outbreak of | renewed weakness today owed most of | its violence to the feeling of despond- ency in speculative circles regarding | the effects of public agitation against | univer- | corporations and the nearly sal trend of legislative = measures against them. Speculative circles are not disposed to rely on their own in- formation and deductions as to the ex- tent and the significance of these de- velopments. The extreme sensitive- ness of sentiment on the subject is founded on suppositions of what the great authorities in the railroad and financial world think on the subject. Recent events have created the im- pression that these authorities are in a condition of keen anxiety and even of fright about the prospect they have to face in this matter. steps taken with the intention of al- laying apprehension on the subject seem to have been principally instru- mental in aggravating it. This was notably true of the visit to Washing- gan with the avowed purpose of act- ing as mediator between the President and the railroad companies in an ef- some step to allay public apprehension | regarding the credit of railroad com- 3 | panies. Scores of lives were lost by drown- : * 2 | About $46,000,000 that ed States treasury ury He $25,500,000 government not yet due. Tis action offers to enlarge by $71,500,000 Cortelyou. it being pointed out that it would aid road rate issue and the Standard Oil | dividend. ANTHRACITE COAL IN ILLINOIS Five-Foot Stratum at Marion, Said to Be Equal to the Finest in Pennsylvania. The discovery of a five-foot vein of anthracite coal has been made within three miles of Marion, Ill, down, in the new shaft of the Spiller- town Coke and Coal Company. The coal is equal in every respect to the finest Pennsylvania grade. It is be- iieved that the discovery marks an | epoch in the coal history of this part | of the state, and will cause a remark: able growth in the mining business | here. Tests made by Mr. Wilkerson, pres- | ident of the company, and an expert | minerologist, show that the coke from | the coal | The coal shows a Warrenton a | runs, in fixed carbon, 95.15. run of. thermal of 12.26. These “figures ‘indi- that the coal iS" the finest on the continent, besides containing a high grade of neutral oil, tar and am- units : monia. of |! The neutral oil is used as a wood preservative and as an antiseptic, and a | sells for $28 a barrel. WORK ONLY EIGHT HOURS Will Be Enforced Now on Gov- ernment Public Works. Secretary Taft, with permission of the President, has given orders to the Law public works. This will reduce the amount of river applied to propriations made by the last Con- gress. Employes on Government dredges, tugboats, snagboats and other Gov- | ernment improvement craft formerly were exempt in large part from the | operation of the eight-hour law. the inspection which followed soon | i Indicted for Peonage. Edward J. Triay, head of the labor department of the Florida East Coast railway, and Francesco --Sabbia, . an employment agent were arraigned be- fore a United States commissioner in New York City charged with peon- age in the employment of men for work on an extension of the railway from Miami to Keywest. They both were held in bail for trial on indict- ments found by the United States grand jury. $50,000,000 From John D. According to a member of John D. Rockefeller, Jr.'s bible class and who is also a personal friend of John D. Rockefeller and in a position to know of his affairs, the latter proposes soon to make a princely gift to the city of New York. It will amount to at least $50,000,000. It will be partly charit- able and partly educational. The original cause of American war was the caraguan soldiers of ‘a citizen of Ifonduras. the Central theft by Ni- mule from a York stock market on the! 14th reached a stage of demoralization | Some of the | Specifications Called for an Expen- { sive Cut Glass of French | Manufacture. y | That the state of Pennsylvania was Gonrantat to pay $138,757.69 for “im- ported” glass made at Monaca, Beaver | county, and sold to John H. Sander- | son, of Philadelphia, for $29,847.79 | was brought out at the hearing before | the capitol investigating committee. | It was shown that charges made for | baccarat glass were entirely fictional, { because so far as an expert glass man | could see in an inspection of the | building, not a square inch of this | particular variety of material has been used. It was further shown that glass mosaic furnished for the dome, which originally cost $3.75 per square foot | was charged to the state at the rate of $20 per square foot, making a simple advance from $7,224.26 to $28,759.20 for this one item. Taken on | this basis, if the overcharges for all the glass used in the construction of the building are in the same propor- tion, nearly four times as much was paid as it was worth. The fact that the Pennsylvania Bronze Company, through which all of the contracts for glass of the elec- trical fixtures were made by the Phoenix company of ‘Monaca, is no other than Sanderson himself, was brought out by the offering in evi- dence of the charter of the former corportation, issued on September 15, 1904. . Although the specifications call for baccarat cut glass, and such was charged for by Sanderson & Co. and certified to by Architect Huston, Mr. fort to induce the President to take |sembled baccarat glass. otherwise | | would have been called into the Unit- | will be allowed to | | remain in circulation under announce- ment made by Secretary of the Treas- also offers to re-! bonds | practically | the | | amount of money that would be in cir- | culation but for his announcements. an | 110 feet | Ebberts declared emphatically that font arly In the werk of Jb. Mor] Lore Is not a plece of tnt glass in | the capitol. He said he had made a guperficial examination of all the rooms and could find nothing that re- Mr. Ebberts explained that baccarat glass is made in a town of France by that name and is very expensive. JAPANESE COOLIES SHUT OUT President and San Francisco Authori- ties Carry Out Agreement Re- garding Natives of Orient. President Roosevelt issued an exe- order directing that Japanese skilled cutive or Korean laborers, to go to Mexico, Canada or Hawaii, and to come therefrom, be refused permission to enter the continental territory of the United States. This is practically the final chapter, except so far as the question may be taken up in treaty negotiations with Japan, in the issue growing out of the difi- erences with the country over the ac- tion of the San Francisco authorities in prohibiting Japanese school chil- dren attending the schools set aside for the whites. Authority to refuse permission to the classes of persons cited by the | President to enter the continental ter- ritory of the United States is con- tained in the immigration bill approv- ed February 20. It was incorporated in that measure at the request of the President and in fulfillment of a prom- | ise he made to Mayer the school board of San Francisco House, if the San Francisco authori- ties would rescind their action on the school question. The promise of the President and that of Mayor Schmitz ton authorities considerable concern. A dispatch from San Francisco, March 14 says: Nine little Japanese in the Redding primary school were admitted after an examination as to their knowledge of the English lang- uage. > 97 PERISH IN MINES 22 Killed by Fall of Cage. An explosion of firedamp in a shaft of the coal mine at Kleinrosseln-near Forbach, Germany, resulted in the death of 75 miners and the terrible injury of 12 others. Six of the miners who were in the shaft at the time of the explosion are still missing. One hundred and sev- enteen others escaped into adjoining galleries. At Saarlouis, Rhenish Prussia, twenty-two miners were killed at the Gerhard coal mine. They were de- cending one of the shafts.in a cage when the cable broke near the top and the miners plunged down several hundred feet. They all met instant death. The mine belongs to the Prussian government which has already be- gun an official inquiry into the acci- dent. A dispatch from Cucuata announces that a powerful revolution has started in the state of Tachira, Venezuela, with Gen. Juan Pablo Penalosa as its leader, against President Castro. All Unions Unite. At a meeting of the State Federa- tion of Labor at Harrisburg, Pa. Congressman T. D. Nicholls, the only labor leader in Congress, announced that the 752 locals of mine workers, { representing over 100,000 men in Pennsylvania, had decided to hecome affiliated with the federation. This means practically a union of all la- bor unions of the State under one working head. No doctor can cure what ails you if | you have a mean disposition. and un: | * . | skilled, who have received passports Secretary Cortelyou’s announcement | (of government relief was received with i much satjsfaction in financial circles, three { the banks greatly in making the pay- | ments due on the Pennsylvania rail- Schmitz and |! | the story. during their negotiations at the White | Attorney Jerome was putting words in- | girls who had applied for admission | | one. i the witness was | searching for Stanford White. 75 Victims of Firedamp Explosion and | | * mission Corresponding to Senate. Secretary Taft's proposed visit to | September to at-| tend the opening of the first Philip- | THAW TRIAL DRAGS ALONG District Attorney Attempts to Discred- it Evelyn's Testimony. On the first day of the State's case in rebuttal at the trial of Harry K. Thaw, District Attorney Jerome came to a temporary standstill against the practically solid wall the rules of evi- dence have built around the story of Evelyn Nesbit Thaw, Mr. Jerome be- gan to attack this story as. soon as court opened in the morning. There ensued a well-nigh ceaseless battle between the prosecutor and Delphin M. Delmas, leading counsel for the de- fense, at the end of which the story at the beginning of young Mrs. Thaw's was ad- missible only as tending to show the effect it might have had in unbalan- | cing the defendant’s mind and that | its truth or falsity is not material. Mr. Jerome {ried to avoid this rule by declaring he was endeavoring merely to show by inference—by cir- cumstantial evidence as to the facts and details in the story-—that Mrs. Thaw could not possibly have told the story to her husband. Nine-tenths of the+day was spent in argument and in nearly every in- stance Mr. Delmas won his point as to the law, while Mr. Jerome, in ‘the very argument itself, had got before the jury a perfect knowledge as to what his witnesses would have testi- fied to had they been permitted. The district attorney called 10 witnesses during the day, but aside from draw- ing from the State's eye witnesses to the tragedy the opinion that Thaw seemed rational the night he shot and killed Stanford White, little real headway was made. SAYS THAW WAS SANE Dr. Austin Flint Testifies for the Prosecution. Answering precisely: the same hy- pothetical question in response to which the alienists of the defense de- clared that Harry K. Thaw was suff- ering from an unsound mind and did not know the nature or quality of his act when he shot and killed Stanford White, Dr. Austin Flint, the first ex- pert called by District Attorney Jer- ome, in rebuttal, declared it to be his opinion that Thaw positively did know the nature and quality of his act and knew that the act was wrong. Abraham Hummel was on the stand again, and before Mr. Delmas could object to a question to him by Mr. .Jerome the witness had got into the record the statement that Evelyn Nes- bit had told him that she had inform- ed Harry Thaw in Paris in 1903 that Stanford White positively had not drugged or betrayed her. Mr. Delmas at first moved to have the question and answer stricken from the record, but as the district attor- ney seemed about to consent to this plea the counsel for the defense in- sisted that the answer stand. Dr. Wm. Hirsch of Cornell Medical School declared that there was. no such thing as a brain storm known to science, that Thaw knew the nature and quality of his act. Three other experts testified to the same effect. THAW TALKED RATIONALLY White's Brother-in-Law Sat With Thaw | in Roof Garden. Stanford White's brother-in-law, James Clinch Smith, was permitted to testify in the Thaw trial. Smith di- vulged a story concerning Thaw’'s ac- tions just before he shot Stanford White. Smith told how Thaw sat be- side him scon after entering the roof garden theater and conversed with him in a most rational manner just be- fore he pulled the revolver which sent White to his grave. : Mr. Delmas repeatedly interrupted He protested that District to the mouth of the witness. The greater part of Smith's story was stricken from the court records as fast | as he uttered it. and his associates brought to a close | the controversy over the school ques- tion which had given the Washing- | | to Europe, and | Smith meet a nice girl, not particular- | ly goodlooking. All the time Thaw was Smith told how he had discussed with Thaw the play, the stock mar- ket, the best steamer on which to go as to having Mr. looking intently about the roof gard- en, as if he were trying to find some Thaw that was PHILIPPINES’ CONGRESS It Will Consist of Two Houses, Com- Gould, Mrs. William B. Rice and Miss | the Philippines in pine Assembly has directed attention Justice | Fitzgerald upheld the rule laid down | trial—that | EXPLOSION ON WARSHIP French Man-of-War Blown Up While in Dry Dock. FULL CREW READY FOR CRUISE Several Officers Among the Dead and an Admiral Among Wounded— Some on Shore Hurt. French battleship Iena, blew up while Captain Aligard, the commander of the battleship, Captain Vertiez, chief | of staff of the Mediterranean squad- ron, and from 70 to 80 blue jackets are dead, while ,Rear Admiral Manceron and hundreds of other men are suffer- ing from injuries, some of them prob- ably fatal. Naval circles are aghast and the public is stunned by . the appalling catastrophe coming so soon after the loss of the French submarine boat Lutin, in which 16 men met death. The entire after part of the Iena was blown to pieces. The bodies of the victims were hurled through the air by a succession of explosions and nal fled for their lives from onto the stone quays and sustained serious injuries. caused the explosion is not were set on fire agg their contents in exploding practically destroyed what was considered one of the best ves- | sels in the French navy. The explosion came without warn- ing. The first shock was extremely violent and shook the vessel fore and aft. It was followed instantly by oth- er shocks. The crew was thrown into a condition of panic. : were in a fearful position. enshrouded in smoke, and while they groped their way toward the exits fall unconscious. It is declared that for 30 minutes the authorities were unable to discov- er the keys with which to open theo locks to flood the drydock and sub- merge the ship, but when they did fi- nally open the locks the water rushed in onto the Tena and the explosions came to an end. The lower decks of was commenced. while the surrounding water was dot- ted with human fragments. The effect of this statement by | It will be impossible to ascertain the | exact number of killed | until tomorrow, when a rollcall will be | held, as many of the men were com- | | pletely blown to pieces, while others | | were incinerated. Many of these who escaped {heir lives suffered most severe in- juries and, becoming temporarily in- | sane, rushed frantically around the vi- | | cinity of the dry dock until they fell | | exhausted. The flames then broke out and Cap- tain Vertier died a horrible death. MRS. SAGE GIVES $10,000,000. Fund for Improvement of Social and Living Conditions. Mrs. Russell Sage, through counsel, Henry W. Delorest, authoriz- ed the following statement in relation to the Sage foundation, a bill incor: porating. which has been introduced in the New York legislature. “I have set aside $10,000,000 for the endowment of this foundation. Its ob- ject is the improvement of social -and living conditions in the United States. {It will be within the scope of such a | foundation to investigate and study the cause of adverse social conditions, including ignorance, poverty can be remedied or ameliorated, and to put in operation any appropriate | means to that end.” The trustees named by Mrs. Sage to | clared a quarterly dividend of 1% per | cent { carry on the work are: Robert W. De- | Forest, Cleveland H. Dodge, Daniel C. Gilman, John M. Glenn, Miss Helen | Louisa I. Schuyler, all of whom have had wide experience in philanthropic works. Boston Wool Market. toward the new legislative body to be The Assem- members, created for the islands. bly will consist of 81 for each 90,00 persons, and provision is made to increase this number to | 100. It will respond to the American House of Representatives, while the Philippine | Commission will United States Senate, and the acts of the Assembly must secure the ap-| proval of the Commission before they | become laws. Elections are .to be held July 30. | Secretary Taft will start for the is- | lands in August and the first Assem- | bly will convene in September. The Missouri legislature passed a bill making the operation of a bucket- shop a felony. The maximum penalty for violation is from two to five years in the penitentiary. Lawyer Charges Goulds $175,000 For his assistance in securing a di- vorce for Anna Gould from the Count de Castellane, Edmund Kelly, a Paris lawyer, is said to have presented a bill for $175,000. George Gould is report- ed to have turned the bill over to Coundert Brothers, who represent the Gould interests in France, to have them try to induce Mr. Kelly to trim it down a trifle. Mr. Kelly formerly practiced in New York City. There are 481 stenographic systems in use in the civilized world. ap- | portioned on the basis of one delegate | in a general way cor- | correspond to the | There is a moderate business in the wool market, with prices firm. No ser- | is believed that the future depends on the ability of the mills to consume the Leading | domestic quotations range as follows: Ohio and Pennsylvania XX and above | 34 to3414c; X. 32 to 33c; No. 1, 39 to | 40c: No. 2, 38 to 39c; fine unwashed | 26 to 27c; unmerchantable, 29c; { bulk of the visible supply. Will Admit Japanese Pupils. The San Francisco board of edu- cation adopted resolutions agreed up- on at the conference | Roosevelt at Washington, pils in public schools. the board will abide by this action provided the President retains his at- anese immigration. Van Dyke Remains at Princeton. The Rev. Dr. Henry Van whose resigmation from the Prince- ton faculty was recently announced, has withdrawn his resignation in re- sponse to an overwhelming demand from thé officials and students of Princeton. Tn a conflict between police and strikers at Belgrade, Servia, five {he strikers were killed and 20 wound- ed. Further collisions were narrowly averted | the Christian Catholic church.” The powder magazine on board the | 2 I g | stant ‘labor for its in dry dock at Toulon and as a result | panic-stricken workmen at the arse- | the vi- | > ra cinity of the dry dock. Scores of those | against the Lake Shore & Michigan on board the Iena jumped overboard | { portation of cattle. The primary cause of the accident | was the explosion of a torpedo. What | known, | but the powder magazines of the Iena | tle | than 28 consecutive hours. {the 15 suits filed the Government al- leges that the cattle were confined for | a period of not less than | and | and The hundreds of men below deck | They were | they became the prey of suffocating | fumes which caused many of them to | | ceipts | nearly { of manufacture, Then admist masses of dense smoke | the search for the dead and wounded | the Tena were littered with the frag- | ments of shattered and torn bodies, | | tions. and wounded | I ville, | hotel. her | { Taylor; of the east and | | vice: to suggest how these conditions | with President | rescinding | their order segregating Japanese pu- | It is said that | president of the Chicago & Northwest- titude regarding the limitation of Jap- | : | laws hostile to the railroads. Dyke, | Chicago. | were | court asking for an injunction restrain- ling the furniture { further violations | trust act. of | ant | per cent of the church pew and schogl | desk business of the United States. , A a STILL SUPERSTITIOUS - Dowieites Touched the Hem of His Robe in the Belief That It Would - Cure Them. The funeral of John Alexander Dow- ie was held in Zion City, March 14, the interment being in Lake Mound cemetery in Zion City. A small por- tion of the magnificent choir that for- merly officiated in Zion City taber- nacle sang several hymns. The body of Dowie was arrayed in the white robe which he has worn since he ‘as- sumed the title of “First Apostle of The garment required six months of con- construction and elaboration. The funeral oration was delivered by Attorney V. V. Barnes, who was for many years the constant friend of Dowie. The funeral cortege was at- tended by hundreds of the members of the church, and during the last hours when the body was lying in state a constant stream of visitors called. Many sought to be cured of dis- ease Dy touching the hem of Dowie’s robe. . 1, COMPLAINT AGAINST RAILROAD U. S. District Attorney Enters Action for Alleged Violations of Law. United States District Attorney Bass has filed 15 complaints at Buffa- lo, N. Y. brought by the Government Southern Railway Ccmpany for viola- ting the law in regard to the trans- In each com- plaint judgment is asked for $500, the maximum penalty imposed by the law, the amount aggregating $7,500. The Federal law provides that cat- shall not be kept confined in a railroad car for a period of more In all of 39 hours The longest period of confinement alleged is 52 hours 30 minutes. The average period is between 44 and 45 hours. 30 minutes. STEEL TRUST EARNINGS Largest Profit for Any Year—Costly Additions. : The United States Steet” Corpora: tion, according to its annual report, has passed through the most prosper- ous year in its history. The gross re- were $696,756,926, an increase of $111,425,190. After paying out $150,000,000 in wages to 202,- 457 employes and deducting the cost there was a total profit of $138,832,855 for the year. After interest charges and other de- ductions, the net earnings are reported to be $156,624,273, the largest amount. About $50,000,000 was appropriated for improvements. One lump sum of $50,000,000 is charged off for construc, tion and discharge of capital obliga, These deductions brought tha final surplus down to $12,742,860. TRAINS MEET HEAD ON with | One Fireman Killed and Eight Other Trainmen Injured. Two freight trains on the Pennsyl vania railroad met in a head-on cols lision three miles west of Reynolds. Pa., and Z. Gilnette, a fireman, was killed and eight other {rainmen i injured. Of the 12 men composing the crews {of the two trains, only three escaped injury. The injured are being taken care of temporarily at a Reynoldsville Conductor J. A. Armagost, of the west bound train, and Engineman W. C. Pole and Brakeman William bound train, are very seriously hurt. CURRENT NEWS ITEMS. Stocks have shrunk nearly $1,700.- 090.000 in the last six months. This refers to prices, however, not values. Speaker Cannon and about 40 mem- bers of congress arrived at Colon March 12, as interested visitors to the canal. . At a meeting of the stockholders of the Diamond Rubber Company in Ak- ron, O., the capitalization of the com- pany was increased from $3,500,000 to { $5,000,000. The National Licorice Company de- on preferred stock, payable March 30. Directors of the National Sugar Re- | fining Company have declared a quart- | erly dividend of 11% per cent on pre- | ferred stock, pavable April 2. iailroad Presidents McCrea, New- man, Mellen and Hughitt decided that | they would not go to Washington to | consult with President Roosevelt the ious declines are anticipated, and it financial situation. The United States Steel Corporation reports practically an unprecedented volume of business in hand or in sight. This organization is the indus. trial barometer of the United States. A minimum rate of 40 cents an | hour or a strike is the alternative to be presented to the employers by the machinists of the Pittsburgh district afliliated with the international As- | sociation of Machinists. Predicts Panic. President A. B. Stickney of St. Paul, ern railroad, says that there will be a panic within two years on account of so many state legislatures passing Had a Close Combine. F. A. Holbrook and nine church and school furniture manufacturing com- | panies were named in indictments re- turned by the Federal grand jury, in In. addition, two petitions filed in the United States drcuit companies from of the Sherman anti- s charge the defend-¥ The indictm £ with controlling 80 corporat 4
Significant historical Pennsylvania newspapers