The Globe-republican., 1906-04-26
LATEST NEWS IN BRIEF.

LATEST NEWS IN BRIEF.
The trades unions in France voted
to inaugurate general strike.
The dry dock Dewey was reported
by wireless telegraph to be $50 miles
off Port Said.
The War department was in com.
munication with San Francisco for
about two minutes shortly after the
earthquake. The operator stated that
he disaster was great.
More than half OF the forty.five
roads in the organization were repre-
sented at the quarterly session of the
Transcontinental Passenger Agents
convention at Los Angeles, Cal.
Father Gapon, the labor leader in
Russia mysterious1y disappeared
about week ago. His wife fears foul
play on the part Of his enemies, as the
police insist that he has not been ar
rested.
Former Alderman L. Dudofph Of
Milwaukee, Wis, who was sentenced
to one years Imprisonment for solicit
ing bride. must serve his sentence,
according to a decision Of the Supreme
Court.
The stockholders Of the New York
Central and Hudson River Railroad
Company in their annual meeting
voted to increase the capital stock of
the company from $t5O,Ooo,ooo to
$3.50, 100000.
In general conference at Chicago
traffic men agreed to increase the
grain rates 1 cent from the Missouri
river territory to the Atlantic ports.
This practically settles the grain rate
war as no difficulty is expected in
reaching an agreement between East
ern and Western roads regarding who
shall take care Of the I. o. b. charge
Of 1.6 cents at the seaboard.
Stockholders of the Southern rail-
way in special session at Richmond,
Va, voted an issue of 100000, COO fifty
year 4 per cent bonds. The stockhold
ers adopted resolutions approving the
scheme devised by the directors for
the gneeral improvement of the DIFF.
ferent lines of the Southern system.
This bond issue Is part Of the
scheme for extending and strengthen.
ing the system.
President Palmer, of the Northwes'-
srn Mutual Life Insurance Company
testified before the legislative COM
mittee that the company's investments
aggregate $4,000, 100000, giving an in.
come Of 4.47 per cent, Ia decrease CT
2.15 per cent in 20 years.. Eighty mil
lions is In railway and municipal or
similar bonds, while farm mortgages
have decreased as holdings from ST..
100000 in 1896 to 100000 in 1905.
There was a sharp break in the
stock market in New York when the
San Francisco earthquake was report
ed. When the first news indicating
the seriousness Of the disaster was re-
ceived, selling became heavy and
prices broke. The feature of the mar
ket was the decline in San Francisco
street railway shares. United Rail-
way common dropped 20 IL points
from 80, its opening price, but later
recovered 13 points Of its loss.
A subcommittee of presidents Ct
the anthracite coal carrying railroads
and mine operators held meeting
in New York and drew. up a letter to
President John Mitchell of the Uni
ted Mine Workers Of America, in
which the operators again declare
that there is nothing to arbitrate, ex-
cept the question whether there shall
be any arbitration. This reply is made
in response to President Mitchell's re-
cent amended proposition. The opera
tors do not, however, refuse point
blank to accept Mr.. Mitchell's latest
plan.
In his opening prayer In the senate
Chaplain Edward Everett Hale made
reference to the San Francisco disast-
or without mentioning 1t by name.
At Eighteenth and Valencia, San
Francisco, there is crevice in the
street six feet wide, and entire side
walks are torn ups The street car
tracks are badly twisted all through
the southern section Of the city and
traffic Is at standstill.
Secretary Taft told the senate COM
mittee on inter-oceanic canals that the
question Of the type Of the canal must
be determined at once or Chief Engi-
neer Stevens will be placed In a posi-
ton where he will be compelled to
suspend work.