view raw text
GENERAL NEWS NOTES OF THE DAY. Peace rumors and mysterious journeys of Dr. W. S. Solf. German secretary of state lor Ihe colonies, to The Hague, and Prince v..n I.oulow la Switzerland, are haviig an elTecl on the UOTBMW stock exchange, according to a Berlin letter to the Krankfurter Zeituug. This lctt r reports great activity on the Berlin bourse, where shares in companies manufacturing war materials have become less attOM live, and spot 11 la tors now are directing their attention to industrial and other seciritios likely to come into request with the resumption of German foreign trade and securities ol intermit: dial character w.iich might piotit by international agreements. The Krankfurter Zeiiung. however, warns si.e-ulators against being misl.-d by br.se.css rumors. Peace between the truck drivers and chauffers and their employers was assured for the next five years Wednesday night, when all the ineu in v dved voted in favor of an agreement granting a raise of .50 a week. The working day remains unchanged at twelve hours, with one hour off at noon. The International Brotherhood of Teamsters and the Chicago teainsk rs" union are the two labor bodies concerned. The wages under the new scale increase .5.1 a week uniformly, the lowest wage being 5 and the highest, for the six-horse team. .S2:!. "The employers have conic through right." commented William Rowiotham of the Chicago union, "and its now up to us to give a full days w.rk for a fall days pay." A dispatch of yesterday from Atle-us says: Kol-lov.ing the defeat in parliament today the cabinet lcsi-iiied. The immediate cause of tlie defeat was a remark made by War Minister Vanakitsas, which was considered by former President Vcnizelos as insulting to the national assembly. M. Venizelos demanded an immediate apology. Premier Zaimis thcreii|Nin declared the government stood behind the war minister and demanded a vote of confidence. In this Premier Zaimis was defeat.d. the ballot being 147 to 114 against the vote of confidence. After the vote Premier Zaimis asked the chamlwr to sits Ptid its work until a new cabinet was formed. A dispatch from Amsterdam quotes the Cologne Cazettes Berlin orrespondent with regard to the progress of the British f -rces in Mesopotamia, the gist of his comment being that, with the aid «.. guiiboats on the Euphrates river, the British have been able to get close to Bagdad with a relatively small display of force. The newspaper adds, however, that it is too soon t say whether tine Briti-h will be able to oeeiipy the city, as I hey may be forestalled by Turkish foicos which are on the way lo Ragdad, a city which, the Gazette remarks, "has Im-oii much mentioned in German oriental politics." It advises Germans not to take a British occupation of Bagdad too seriously. Several striking announcements were made by big banks in New York yesterday regarding their gn.-doiM.sits. The National City bank announced its total gross deposits amounted to 1.S.O00.0; 0. while the Guarantv Trust company stated its deposits were a little above S4 0.IMIO.IMH. Thus two of the banking institutions In that citv together hold deposits of almost ,000,000,000. The tremendous increase in the •afMMtS of the National City bank is to a certain extent due to the fact that the institution is now acting as the central depositary for the S70.ooO.iMHi funds for the first installment of the Aiiglo-Kreneh lean, which are now pouring into New-York. The superdrcadnaught Nevada sped through th" seas off Owls Head. Maine, yesterday, at a rate faster than that required !•• admit it to the Initel States navy. Briven bv oil-burniog engines, the lirst to be used on a 1uited Stales battleship, it went Ihroitgh its builders acceptance speed trials with a maximum showing of 21.04 knits an 1 U average record of 88*88 knots. Members or the naval trial board said the tests were "very MMeeai fit!." The Nevada was re.pired to show a mean record of 20. knots, but this was bettered by ncarh a half knot. Charles H. Coiiover. president of Hibbard. Spencer. Rartlett and Co.. died today of pneumonia at his residence. 1200 Lake Shore drive, after a brief lllne s. Mr. Coaover was one of the bosi-laiowu merchant* of Chicago, and reputedly I mil-i; matte. lie had been forty-four years cnnecied ith the firm at the time of bis death, and was prominently ideulitied with the principal financial totereata of the citv. a drector of the National Buik of Ihe Republic, the Chicago. Creat Western railway ami the Chicago Historical society. A dispatch from Iekiii says: A return to the monari-iiical form of government in China with President Yuan Shih-kai as cm] oror is practically assured. Returns of the election held on October 2 have he n received from a majority of. the eighteen provinces, which show they voted unanimously f„r a moiiarchv. and there seems no reason to Ix-lieve rhc results were different in the remaining province;. When the returns are all in it will remain but for the national council lo adopt a bill making the change effective." The English medical authority. The Lancet, says it is In a position to state with authority that the accident to King Ceorge resulted in -evere shock. much bruising and pain. But there has been no more s.rioits outcome lo his dangerous mishap. adds The Lame!. There N ao rrMeae* whatever .1 an vN.ernl b-ioiis or any flaclat*. Allloieh his majesty is still confined to bed. this is es-j. lated solely by the muscular stiffness following the bruising. Col. John T. Macanley. widely known among theatrical people as owner of Macaulevs ilwaler in Louisville, died at his home there Wednesday nigiit after an illness of nine months of a complication of diseases. He was IE years old. C.d. Macauiey founded the theater more than forty years ago. Since that time many prominent stage stars have a;.-peared there. Mary Anderson made her debut tic _• in Juliet. Br. Vernon C. Kellogg, director of the commission for the relief of Belgium, has arrived in Berlin on his way to Warsaw, where he will snend a week investigating condition* ortparalory to toakiog recommendations to the Warsaw government for Poli-h relief. He is making the trip at the reipies 4 the Gorman aulluiiiies in Warsaw aatl the tJermi 1 general army headquarters.