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Newspaper
Choteau Acantha
Location
Choteau, Montana, United States of America
Date
Dec 08, 1921
Page
2
The American Bank & Trust Co. in Great Falls shut its doors after total liabilities reached 1 750 000 with assets about 2 200 000 and a 700 000 margin. Deposits fell by over 1 000 000 since Cascade bank takeover, prompting director decision and state examiner takeover.
The American Bank and Trust Co in Great Falls shuts its doors amid bad crop and stock market conditions. Depositors are reportedly to be paid in full, with total liabilities near 1.3 million while assets and capital total about 2.6 million. Bankers see no immediate further trouble in the city.
An advertisement advises taking two Chamberlain's Tablets after supper to ease bowel movements without unpleasant effects and to banish dull feelings that accompany constipation. The copy promotes a healthy action of the bowels and liver correction.
A War Department supplement cites Gen. Leonard Wood and W. Forbes report on Philippine administration. It finds long road to readiness for independence, notes top heavy departments and red tape, and criticizes past Filipinization and supervision. Economic progress shown, banking losses blamed on mismanagement, and election fraud concerns cited.
Eighteen of the injured were reported recovering at a hospital in Portland. Three were treated in The Dalles hospitals and others returned home. Four unidentified bodies brought the death toll to ten from the Celilo wreck early Thursday involving Oregon-WWashington Railroad and Navigation passenger trains.
U S homicide totals for 1920 stand at about 9000, down 500 from 1919, per Frederick L Hoffman of Prudential Life. Memphis tops the rate with 63.4 killings per 100000. Southern states show higher negro-to-white murder proportions.
New York report on Lieut. Col. Charles W. Whittlesey, famed for the Lost Battalion, taking his life while bound for Havana after enduring war memories. Friends cite wartime memories, a Washington funeral, and haunting visions as triggers, noting he was celebrated for his Argonne stand and Medal of Honor.
Buenos Aires reports Belgian bankers have offered Argentina a loan of 150 million francs about 30 million dollars, announced by Finance Minister Salsberry. It follows a prior New York bankers group proposal for a 50 million dollar loan to the Argentine government.
The first November flood in over 20 years sweeps the Ohio River from the Monongahela and Allegheny. The flood stage of 22 feet at the Point Bridge was reached before dawn and rises three-tenths of a foot per hour. Reports warn damage along the Monongahela.
The Queen Rebekah Lodge meets on the first and third Fridays each month in Connor's hall. Frances Rosengren is N. G. Mary Connor serves as Secretary.
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