Mexico Missouri message., 1907-12-12
Panama Bond Issue
Reduced to $25, 900, 600

Washington, d. C.-The Secretary
Of the treasury has accepted bids for
the Panama Canal bonds to the
amount Of S25, 0,0O0
The average price Of all the bids ac-
cepted is S1.0S. Under the terms of
the law and the secretary's accept
ance OF these bids. the allotments of
bonds to individuals and institutnins
will be confined to the small subscrip-
lions from $4,000 down to $40.
The amount OF bids from individuals
and institutions which II has been pos
sible to accept will, as heretofore. not
be large. The remainder OF the &C
eeptances will be bids Of national
banks. The bids accepted have come
from every section OF the country
and are mostly In small amounts.
The Offering OF Panama Canal bonds
was largely oversubscribed; but the
Improvement in business conditions
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mines to the end that every nook and
corner Of the workings may be reach.
ed In the shortest possible time. There
is large force OF experienced miners
for this work and they are WORKING in
relays with short turns owing to the
accumulation of gas which prevents
men from remaining long in the mine.
President Oscar Murray and other
officials of the Baltimore and Ohio
Railroad, were in New MartInsbufg,
w. Va. So miles from here on an in.
spection trip when they heard OF the
disaster. They Immediately ordered
their special train run to Monongah,
arriving here Friday night.
President Murray upon his arrival
conferred with the officers OF the min.
ing company and offered on behalf of
himself and the company any assist
ance that Il was possible TO render.
Clarence w. Watson, OF Baltimore.
president OF the Consolidation Coal
Company was at Frostburg. Nd, and
Immediately chartered a special train
to bring him here. After comforting
with the mine superintendent and
other local representatives of the
company he said there vas no doubt
but that 400 lives had been lost.
A to the miners referred 10 By the
rescued men as having been alive
when last seen. Il Is believed that they
were caught back OF a heavy cavern
and could not have survived more
than few minutes IN the deadly gases
with which the entry tiiied as soon
as the ventilating system was inter
rupted. There is more hope for those
In more remote sections OF the mine,
as they may have reached workings
where fresh air 10 supplied by othsr
openings. But at best only the most
slender hope is entertained for the
survival Of any one Of the men IN the
mine until the debris Gamble cleared
away and communication with the out
side re-established. The two mlnea
regularly employ 1000 men, working
in two shifts. 500 during the day ana
500 during the night. and the beat IN
formation obtainable At this time Is
that the entire day force had gone 10
work and that ali we're caught.
There Is much speculation aa to the
cause OF tbs explosion but the most
generally accepted theory is that II
resulted from black camp, scientific.
ally known as methane Il ~ believed
that n miner attempted to set OF
blast which blew out and Iknited an
accumulation OF THIS deadly gas and
that this IA turn ignllsd the coal dust,
a highly lnfiammnbIo substance found
IN greater o. less quantities in an
West Virginia mlnes. However. alI e.,
rlanations Of the cause ~ 10 this time
.-fe necessarily speculative Only
thorougN Investigation after the miae
Is rcopcned win disclose the cause Il
4 Il egor apcorsainea.
fnsmieralIna aeonts protest anainsl
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