THE NEW YORK STRIKE WAR

Dominion, Volume 9, Issue 2877, 15 September 1916, Page 6

THE NEW YORK STRIKE WAR

BOMB FOUND IN RAILWAY , SUBWAY lustralian-Novr Zealand Cable ABsocintfoo. N6w York, September 13. A dynamite bomb was found in a New lork subway. It is believed that it was placed! tliero by strikers in order to frighten passengers. The police .precautions have been redoubled. RAILWAY EARNINGS, REACH A BILLION.' A PRETEXT FOR HIGHER WAGES. ~ . Washington, September 13. Tho Inter-State Commerce Commission reports 'that total railway earnings during the past fiscal Year wore 1,176,000,000 dollars, a gain of 26.6 per cent, over the previous year. This is tho first time the railway earnings have. reached a billion, andvthe railwayman say that it justifies -their recent threat to strike for higher wages. .

WALL STREET EXCITED

ELECTION PROSPECTS CAUSE A "BULL" RAID Australian-New Zealand Cable Association. Now York, September 12. .4. sensational "bull" raid was. made r ou the stook market on tho iirmouncement of the results of the Maine elec•tions. Stocks soared to new high records. ' General Motors advanced 9 points to 699 7-8, a new recordl for war stock, but this was quickly eclipsed when: the. stock reached 642. ' This is the highest quotation recorded in the history of the New York Stock Exchange, except once in 1901 when Northern'' Pacifio Railroads sold at 1000. Beforo the war General Motors were quoted at 25. United States Steel common stocks are quoted at 105 5-8, and Bethlehem Steel, which recently slumped, lecovercd 20 points. These rises are all d'ue to a general belief that tho chances favour the election of Mr. Hughes to the Presidency, thus ensuring a strong protective policy and negativing tho agitation for Government ownership of munition plants as a first step towards - Government ownership of other industries.

HOMEWARD BOUND

SHAOELETON'S PLANS. [Australian-New Zealand Cable Association. ; (Reo. September 14, 5.55 p.m.) . Punta Arenas, September 14. Sir Ernest Sliackleton will travel to Valparaiso iii the Yelcho, and from thence will proceed to Santiago (the Chilian capital), to thank tho' President for the loan- of the- yacht,v and from there will journey via Buenos Aires .homewards.

A HIGH-PRICED TENOR

FORTY THOUSAND FOR THIRTY CONCERTS. Australian-New Zealand Cable Association. , - Washington, September 13. Signor Caruso, the famous t<mor, has accepted an oiler of 200,000 dollars (£40,000) for thirty performances at Buenos Aires at the close of next season This figure is tho highest on re. cord, and! is equal to twice his salary at the Metropolitan Opera Bouse.