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Ada Weekly News in Ada, Oklahoma

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Ada Weekly News

Location

Ada, Oklahoma, United States of America

Date

Oct 31, 1907

Page

1

Oklahoma statehood set for November proclamation

President Roosevelt plans to issue the statehood proclamation for Oklahoma on November 16 after reviewing protests with Attorney General Bonaparte. Governors and judges from Oklahoma met at the White House as the constitution and election returns were presented. Discussions touched on territorial court business and likely judicial appointments for the new state.

Washington, D. C Oklahoma United States Roosevelt Bonaparte Frantz Clayton White House Gov Elec. Maguire Gilett Cunningey Silas Reid C. E. Hunter Lonz Kansas Tom Carter Montana McCumber North Dakota van Ee Weyne Lnter Cate Pew J. H. Campbell McAlester Shepherd Todc Warner Campbell Byers Hainer Perry

Financial disaster shows signs of easing after Oct 21 report

New York Oct 21 reports indicate that the worst of the crisis is over and banking conditions are stabilizing. No further bank suspensions or adverse reports. hopes rise for resumption of most bank operations. currency hoarding and trust issues cited as easing amid fewer key financier conferences. J P Morgan monitored the situation from his library on 36th Street but did not deem a downtown visit necessary.

New, York Eda Gecuipitica Aepsaaibi Farge Secu J. P. ‘Morsan 36Th Street

Cement Plant Nears First Run at Ada Works

The Oklahoma Portland Cement Company begins an initial test run of its new plant using Ada Electric and Gas power. Operations will continue for about ten days to prepare material for a potential 10 000 barrel cement output.

Oklahoma Portland Ino&& Yimee

Bankers Rally Ada Citizens Explain Bank Suspension

A mass meeting at the Ada courthouse gathered bankers and hundreds of residents to explain the temporary bank suspension. W C Duncan chaired as bank presidents outlined the strong condition of banks and ongoing examinations, easing public concerns. The article notes a large local drive wheel project and plans for a mammoth plant, while Muskogee reports Indian Territory authorities cracking down on illegal game shipments and enforcing hunting laws with police and express-company cooperation.

Score Express Vame

Bankers and Farmers Debate Panic and Prices in Ada

In Ada the banking crisis prompts leaders including Judge Henry M. Furman and attorney B H Epperson to urge confidence in home banks. They warn speculators may seek a panic to push prices down, urging farmers to keep money in local institutions while noting banks are solvent and government audits found them sound. The event follows a wave of bank closures across the region.

B. H. Epperson Citizens’ National Bank Henry M. Furman Furman Farmers’ Union Wall Street Pearts Nik Tanest Brad T Banka Burleson Congress Texas

Statement of Ada banks and reserve action

A dated notice from W. L. Reed and J. W. Mays announcing Ada banks will conform to national reserve bank practices approved by the U S Government. It states branches will be supported and cotton shipments advanced to protect depositors and banks.

Ada banks praised for resilience during local credit strain

Bankers in Ada are lauded for hard business judgment and depositor protection as eastern-finance disruptions force temporary bank suspensions. Local merchants and farmers express confidence, with Ada firms offering to accept checks and provide bond guarantees to assure deposit safety amid the credit squeeze. A telegram from Sulphur, Oklahoma notes New York interests plan to advance construction funds for a proposed line linking St Louis to Springfield, Missouri.

Adap Zoo Citzens Mes Hakeers Ada Banka Enue Itheusan I. T eSee Squires Oklahoma Spingfield New York A. Telegram

Also Mentioned on This Page

Eastern District R. E. Campbell W. C. Cromwell Leneh Cromwel Jude@ Bayard T. Hainer Gen. Frant Cromwell Veneral Jedxe Campbell Alonzo A. Byers Oxahoma City Cavesway Ostaves Oklahoma City Southwest Try Chamber of Commerce Statehood Oxia Niead Bankers of Poaite Ada Banks VU. S Onlo Iness W. C. Duncan National Banks of National Bank Svorabble Indian Territory Muskogee Joe Lawrence L Mw King R. M. Roddie W. H. L. Campbell Jone Hanks Sherwood Hill Dallas Psi Nebraska Missouri Chishoms Areet Ness ADA Bankers Banks of Fem United States Government W. L. Reed Pres First National J. W. Mays Pres. Citixen’s Nations
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