Eckels Not Alarmed by Bank Failures Reports Show Strong Reserve
Washington Dec 30 Comptroller Eckels says he sees no general bank panic from recent failures. Two small banks failed recently but the national system shows an average reserve well above the required 25 percent with many reports 6 to 10 percent over. He notes one liquidation case as voluntary and stresses overall stability and no widespread disturbance from Minneapolis to New York.
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Washingron
Eckels
Commercial National Bank of
Roapooke
Columbia National of
Minneapolis
Snall
Eckles
Atlan Bank
Brooklyn
Phaonk
Holly
Civil Service
Washineton
Federal Penitentiary Service
Federal Penitentiary
Leavenworth
Kan
Waeminton
Chief Hazen
The
Secret Service
Union National Bank of
Detroit
Mich
National Bank of Commerce of New York
Two Radical Pension Changes Simplify Adjudication
Washington December 30 two major pension office reforms cut the board review step for increases directing claims straight to the medical division and limit examiner review to two per case. Commissioner Murphy aims to speed adjudication and reduce errors by removing unnecessary review stages in pension processing.
MENTIONED IN THIS ARTICLE
Pension
Washindton
Bureau
Board of Review
Murphy
Window glass jobbers rebel gain rebates in Europe threat
Window glass manufacturers and jobbers in Chicago rejected the scale, threatening to place orders in Europe unless better terms were given. A revised rebate plan was adopted, awarding 21 12 percent on 8 000 dollars in six months and 5 percent on 25 000 dollars, with no price increases. Also covered are briefs on Western Surgical and Gynaecological officers, Farmers Trust Company failure, Mercer county coal miners strike, and cyclist Hachenberger lowering the 200 mile road record.
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Europe
Chcaco
Auditorium
Farmers' ‘Trust Company
Sioux City
Farmers Trust Company
W. T. Hensinger
Bank Robbery and Pension Crisis Ripple Cedar Rapids
Des Moines dispatches report tension among Soldiers' Home trustees over inmate pension provisions after federal case dismissals. Commissioners split on advancing pension handovers. District Attorney Fuller vows action. Other items: Sully bank robbed with dynamited safe, cash unclear. Rock Island rebate lawsuits totaling $133,000 in Croton Rapids. Des Moines to buy water plant from Des Moines Water Co.. Creston knife attack injures Lemuel Madison. Mason City financier S. B. Hutchins declares liabilities $35,000 against $25,000 assets.
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Des Moines
Dec
Soldiers’ Home
Congress
G. L. Godfrey
B. Evans
Ottumwa
Fullen
Rock Island
Johnson and Cedar
Wade
Remley
E. E. Cook
Davenport
Winslow Newton
Tammany Split Deepens as Purrey Bolts From Tammany
In New York, County Clerk Henry Purrey leads a factional break from Tammany as John C. Sheehan reacts with public statements. The Tammany general committee adopts resolutions denouncing trusts and city administration while offering no concession to the bolting Democrats. Mrs Henry Ward Beecher remains seriously injured after a hip fracture from a fall with chances of recovery described as even by her physician.
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Tammany
New Yorke
Henry Purrey
John C. Sheehan
Tammany Executive Committee
Purrey
Sheehan
Puerrey
Tammany Hall
Thomas F
Henry Ward Beecher
Western Roads Move to 5000 Mile Mileage Book
Western roads nearly adopted the 5000 mile Sebastian Interchangeable Credit devised by General Passenger Agent John Sebastian of the Rock Island system. If approved it replaces the 2000 mile books and the 100 ticket price, using a credit check retained by the passenger. The system would refund miles traveled upon presenting 5000 miles or more.
MENTIONED IN THIS ARTICLE
Sebastian
Cnicano
John Sebastian
Rock Island
Western Mileage Bureau
Irish Ask for Relief Move Sparks Irish Unity
Lord Dunraven presides at a Lanxmer gathering urging government action to ease Ireland’s taxation injustices the meeting aligning with Dublin Mansion House stance. Bishop O Dwyer calls Irishmen to stand firm invoking Castledown and Washington as history’s guide.
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Cork
Boston
John Daly
America
Ireland
Washington
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