Financial Troubles Trigger Bank Runs and Bank Failures
Governor Hughes urged to declare a legal holiday to ease the financial strain. Clearing House Association to issue certificates possibly the same day. Providence runs at all banks in Pawtucket with seven more banks suspending in New York City. Pennsylvania Knitting Mills of Reading, a Heinze company, failed for 600000 dollars. Receiver appointed for Union Trust Providence. Industrial Trust Providence run. New England Trust Providence requires 90 days notice for withdrawals.
MENTIONED IN THIS ARTICLE
Hughes
Clearing House Association
Clearing House
Providence
Pawtucket
New York City
Pennsylvania Knitting Mills of
Reading
Penn
Heinze
Union Trust Company of Providence
Industrial Trust of Providence
New England Trust of Providence
Clearing House Certificates to Relieve Banking Strain
The issuance of clearing house certificates, backed by acceptable securities, aims to ease currency anxiety by letting banks settle large balances without exhausting cash. Estimates place the outside limit at 50 million dollars, with confidence expected to curb runs. Seven local banks, including a New York Clearing House member, closed for lack of ready money.
MENTIONED IN THIS ARTICLE
Clearing House
Clearing House Committee
Europe
New York Clearing House Association
First National Bank of
Short Talks by L. T. Cooper
An advertisement extols Cooper remedies claiming stomach health resolves many illnesses. It asserts most sickness stems from the stomach and notes patient letters praising relief from indigestion headaches and weight loss after using Cooper New Discovery. C. H. Powell Duluth Minnesota tests and Jaynes Drug Stores promote sales.
MENTIONED IN THIS ARTICLE
St. Paul
Mion
Bright
Cooper
C. H. Powell
Harrison Addition
Duluth
Minn
Rockefeller Urges Depositors to Keep Money in Banks
John D. Rockefeller urged New York bank depositors to stop and think, keep funds in banks, and allow money to move the economy. He warned against unreasonable demands that could unsettle institutions and impede business, saying depositors should restore composure and let money work.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller
Banks Move To Protect Deposits As New York Quietly Stabilizes
Several Brooklyn and Manhattan banks announced a 60 day withdrawal notice while the Ahion Dime Savings Bank on Thirty second Street and Broadway prepared to meet withdrawals. The day saw a $15 million pool from J P Morgan aid the stock market as Clark Williams, state banking superintendent, affirmed local banks’ solvency amid rumors. Interbank shipments totaled $11.2 million from New York institutions this week.
MENTIONED IN THIS ARTICLE
Brooklyn
Borough Bank of Brooklyn
Brooklyn Bank
Williamsburgh Trust Company of
International Trust Company of
No. 206
Broadway
United States Exchange Bank
Harlem
Jenkins Trust Company of
Ahion Dime Savings Bank
Thirty-second Street
The
Stock Exchange
J. P. Morgan
Clark Williams
New York
Coulthurst Seeks Boston Mayoral Victory on Reform Agenda
John A. Coulthurst announces his bid for mayor of Boston, pitching municipal reform over party labels. He pledges merit based appointments, strict accountability, civil service hiring, competitive contracting, payroll trimming and a policy to gradually reduce city debt with civic and business support.
MENTIONED IN THIS ARTICLE
Boston
Finance Commission
John A. Coulthurst
Moran Critic Dennison Attacks Moran Campaign Tactics
In Jamaica Plain and Charlestown, Democratic candidate Joseph A. Dennison denounces John B. Moran as evasive and disloyal, accusing him of hiding behind anonymous sources and courting Hearst in New York. Dennison asserts Moran broken faith and urges clear answers on past political maneuvers.
MENTIONED IN THIS ARTICLE
Dennison
Tomfohrde Hall
Lamartine Street
Jamaica Plain
Roughan Hall
Charlestown
Moran
Webster
Mr. Dennison
John B. Moran
Fitzgerald
John P. Feeney
New York
Hearst
John F. Fitzgerald
William Randolph Hearst
Democratic Party
Moran Attacked as Disruptive to Independence League
Mr. Dennison, speaking at Charlestown, claims Moran seeks to disrupt the party in the name of the Independence League urging clear declaration of principles and intentions from any candidate before election.
MENTIONED IN THIS ARTICLE
Says Moran
Dennison
Charlestown
Moran questioned for district attorney post by Independence Leaguers
The speaker claims Moran mismanaged the Suffolk county district attorney’s office and accuses him of secret conduct in public matters. He argues the office should be removed from Independence League control and returned to accountable, citizen governance. Moran allegedly owes allegiance to a newspaper and disrupts major parties for Independence League interests.
MENTIONED IN THIS ARTICLE
Independence League
Boston
Independence
Moran
Democratic Party
Brookline Republican Rally Highlights Gubernatorial Debate
Governor Guild spoke at Town Hall Brookline praising banking safety and weights measures reforms while targeting media costs at the Boston Food Fair. Lieutenant Governor Draner rebutted Henry M Whitney arguing the Springfield convention missteps justify not supporting Whitney.
MENTIONED IN THIS ARTICLE
Henry M. Whitney
Governor Guild
Town Hall
Brookline
John A. Curtin
Republican Town Committee
Board of
Bank Examiners
New York
Boston
Enterprise
Board of Sealers of Weights and Measures
State Board
Draner
Whitney
Springfield
Stevens Honored at Danish Brotherhood Anniversary
Six hundred Danish citizens in the United States attended the 12th anniversary of the Danish Brotherhood of Boston in Berkeley Hall. Officers from many states gathered to honor ex-President H. C. C. Stevens, retiring leader who has served two years as president and seven years in various offices. A golden star with diamond pins was presented to him by President Simonsen.
MENTIONED IN THIS ARTICLE
United States
Legals specimen values show potential money saving gains
A sample from legal notices outlines how filled books of Tegal Stamps can yield substantial returns. It emphasizes corrections to incomplete lists and demonstrates cost savings by completing and maximizing the value of each legal book.
Sale of Men's Wear and Accessories
A catalog of men's clothing and accessories is listed with prices and bundle options. Items include trousers, shoes in various leathers, ties, slippers, shirts, underwear, gloves, suspenders, handkerchiefs, caps, capeskin gloves, an all wool blue flannel shirt, cardigans, dress shirts, cuff links, scarf pins, silk handkerchiefs, sweaters, and a linen covered suitcase. Bundles offer volumes like One Full Book or Two Suits for combined prices.
MENTIONED IN THIS ARTICLE
California
Monarch
Women Outfit Prices and Goods List for Sale
A catalog style item lists women’s clothing and accessories with pricing and bundle offers. Items include Union Suits, Fleeced Hose, Umbrellas, Silk Scarfs, Kid Gloves, Belts, Embroidered Collars, Veils, Petticoats, Underwear, Muslin Chemises, and house dresses with prices ranging from 25c to $2.50 and mentions of offer terms such as one fall book.
Boys Clothing Sale Prices for Ages 8 to 17
Heavy dark worsted double breasted suits for ages 8 to 17 at two fifty or one full book. Soft collared blouses and wool knickerbocker pants offered with multiple price options. Underwear shirts negligee outfits and babies wear including bonnets mittens and coats listed with sale pricing.
MENTIONED IN THIS ARTICLE
Tom O'Shanter
Water Meters in Quincy Examined for Extravagance
A readers’ inquiry into earlier claims about Quincy water meters finds the 1906 purchase of over 600 disc and oscillating piston meters at 19.40 to 60 each. The city spent about 7200 of a 10000 appropriation on meters, with installation costs often covered by internal piping changes. The Citizens Association repudiated earlier accusations and found no extravagance.
MENTIONED IN THIS ARTICLE
The
Post
Quincy
Citizens’ Association
Water Department
Morse Lines Names New President After Reorganization
Reorganization of the Consolidated Steamship Company and Morse merged lines shifts leadership in Boston and New York. Calvin Austin is replaced by C. M. Englis as president, with C. H. Mallory and Albert I. Smith to supervise New York operations. The holding company will not change financial structure or directors.
MENTIONED IN THIS ARTICLE
Consolidated Steamship Company
Morse-merged Lines
New York
Calvin Austin
Gury
C. M. Englis
C. H. Mallory
Albert i. Smith
Consolidated
John W. Weeks
Hornblower & Weeks
American Trust Company
Boston
Austin
Fastern
Metropolitan
Fingus
Mallory
Smith
Simple Kidney Remedy Mix Promoted by Eminent Authority
An authority on kidney diseases touts a homemade mixture to relieve many kidney troubles before Bright's disease stages. It combines Fluid Extract Dandelion, Compound Micargon, and Compound Syrup Sarsaparilla with dosing after meals and at night, claiming it cleanses blood and uric acid.
MENTIONED IN THIS ARTICLE
Bright
Also Mentioned on This Page
L. T. Cooper
Jaynes Drug Stores
C._H, POWELL
B. Oppenheimer
Holborn Viaduct
London
BE. C
England
Boulevard Leopold
Antwerp
Union of London & Smith's Bank
Holborn Circus
FE. C
Megland
Hannerty’s
Dock
Coulthurst
Joseph A. Dennison
Suffolk County
Republican Party
Massachusetts
LOS Angeles CO
Summer St
GUILD
Board of Bank Examiners
Stevens
Golden Star
Wolf’s
Heatherbloom Petticoat
Cale House
Hanover and
Portland Streets
Pespa
Morse Lines
Riker-Jaynes
Jaynes
Doston
Regula
Riker
Jaynes Stories
Jaynes Or Riker
Ssnfe
Washington St
Cor
Hanover
Bedford
Warrenton
South
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