Bank Turmoil Fallout Echoes Through Cincinnati
Federal authorities close the Brotherhood of Railway Clerks National Bank in Cincinnati and arrest two former officials, Lyman Norris and Harry Rosenblum, on charges of conspiring to unlawfully misapply funds. Bonds set at $25,000 each as investigations link the bank to Amor Shafer and the Doherty Company. The Washington Bank and Trust and others face runs while officials insist broader banking system remains sound.
MENTIONED IN THIS ARTICLE
Brotherhood of Railway Clerks National Bank
Cincinnati
Brotherhood Bank
Amor Shafer
H. L. Doherty
The
Cosmopolitan
Brotherhood
Shafer
Washington Bank
Washington Bank and Trust Company
Henry L. Doherty
Hareth E .May
United States
Lyman E. Norris
Ridge Avenue
Brotherhoo
Railways Clerks National Bank
Harry Rosenblum
A. Siemon
Charles Elliston
Mr. May
Siemon
Elston
Elliston
National Banking Act
Brotherhood of Railway Clerks National Bank of Cincinnati
Federal Reserve System
Lyman B. Norris
Bank Leaders Back Cincinnati Banks During Crisis
A coalition of lenders from Hamilton County declares confidence in the banking system. The Fifth Third Union Trust led by E. W. Edwards and others including First National Bank under John J. Rowe and Central Trust led by Charles W. Dupuis pledge to stand behind all operating banks. The list also names Provident Savings, Western Bank, Lincoln National, Atlas National, Brighton Bank, and Second National with respective presidents and vice presidents.
MENTIONED IN THIS ARTICLE
Fifth Third Union Trust Company
E. W. Edwards
First National Bank of Cincinnati
John J. Rowe
Central Trust Company
Charles W. Dupuis
the Provident Savings Bank and Trust Company
Leo. J. van Lahr
Western Bank and Trust Company
Frederick Hertenstein
The
Lincoln National Bank
W. C. Wachs
Atlas National Bank
C. J. Ziegler
Brighton Bank and Touat Company
Cincinnati
Cincinnati Clearing House Association
Hamilton County
Federal Reserve
Clearing House Association
Fifth Third Union ‘Trust Company
J J. Rowe
Provident Savings Bank and Trust Company
Leo J. van Lahr
Clearing House Pledges Backing Banks to Halt Bank Run
Cincinnati Clearing House Association and nine major banks pledged to stand behind all Hamilton County banks to restore confidence after citywide withdrawals and a Federal Reserve member bank closure. Officials warned against panic as depositors were urged to remain calm and avoid rumors.
Firebug slain by detectives in Middletown blaze attempt
A man, described as tidy dressed and unidentified, was killed by Detectives Dennis and Fitzgerald during a ring fire plot at a home housing A. P. Peterson, wife, and three children. Evidence included poisoned dogs, kerosene-soaked kindling, and staged ignition under the floor as officers ordered surrender.
MENTIONED IN THIS ARTICLE
the Commercial Tribune
Middletown
A. P. Peterson
Dennis and
Fitzgerald
Weather and tragedy shadow a hot day in Cincinnati
Old Man Weather brings heat and relief as Cincinnati records a cooler 84 degrees after a 95 degree day and drought fears grow. Marsh Owens, 55, farmer near Cleves, hanged himself, coroner investigates. Sandusky reports the disappearance of J Frank Donahue, Easiest Way Mfg. president, with his car and boat found nearby. he was a longtime Democratic figure.
MENTIONED IN THIS ARTICLE
Marsh Owens
Cleves
Owens
Escalon Owens
Sting
Cincinnati
Sandusky, O
J. Frank Donahue
Easiest Way Manufacturing Company
Donahue
Sandusky Bay
Cedar Point
Old City
Bank Depositor Confidence Urged in Cincinnati Area
Governor E. R. Fancher of the Federal Reserve Bank of Cleveland urges depositors in Cincinnati and Hamilton County to avoid panic withdrawals after local bank closures. He states the Fed will assist to preserve banking integrity and emphasizes depositor power in maintaining stability amid rumors.
MENTIONED IN THIS ARTICLE
Hamilton County
Cincinnati
Federal Reserve Bank of Cleveland
E. R. Fancher
Lightning Hits Dredging Boat Killing 31 In Ontario Disaster
A bolt and roar struck the drill boat J. B. King near Brockville Ontario as it dredged and blasted in the St Lawrence River. Forty two crew faced tragedy with eleven rescued and thirty one missing feared dead. The blast occurred at night catching workers mostly asleep below the water line.
MENTIONED IN THIS ARTICLE
Brockville
Ont
St. Lawrence River
Here
Brockville Narrows
J. B. King
Kingsford Smith Lands Southern Cross in New York Flight
Capt Charles Kingsford Smith completed his Ireland to New York leg in the Southern Cross landing at Roosevelt Field at 6 31 p m Eastern Standard Time after a 1100 mile daytime hop from Harbor Grace Newfoundland The pilot and crew waved to thousands as photographers crowded the field and a monument plan in Oakland aims to honor him if he completes a world circumnavigation from May 31 1928 flight start
MENTIONED IN THIS ARTICLE
Kingsford- Smith
New York
Roosevelt Field
Ireland
Harbor Grace
Newfoundland
Charles Kingsford-Smith
Southern Cross
Manhattan
Kingsford-Smith
J. Patrick Saul
Evert van Enck
J. Stannage
Dessau
Germany
Hugo Junkers
Bremen
Atlantic
Huenefeld
Koehl
Fitzmaurice
Oakland
Cal
N. F
Chicago Police Shakeup Reassigns 1400 Officers in Wide Shuffle
Acting Police Commissioner John H. Alcock orders 1400 transfers in a major overhaul. 600 detectives reassigned to uniform patrol, 300 soft-duty personnel moved, 37 detective bureau cars reassigned to districts, and district captains to be held accountable for local conduct. A broader captain transfers may follow within days as effort to curb laxity proceeds. A Tribune reporter’s financial scandal probe links borrowings and a $500 canceled check to the case.
MENTIONED IN THIS ARTICLE
New York World News Service
Chicago
John H. Alcock
Detective Bureau
Alfred J. Lingle
Tribune
Cincinnati to Head Prohibition District No 6
The Department of Justice plans a July 1 takeover of dry law enforcement reshaping 27 districts to 12, with Cincinnati named as District No 6 headquarters under W. N. Woodruff and covering Ohio Michigan Kentucky and Tennessee. R B H Joyce of St Paul will serve as permit supervisor in Cincinnati.
MENTIONED IN THIS ARTICLE
Washington
Mitchell
Department of Justice
Treasury
United States
Mr. Mitchell
Associated Press
Cincinnati
W. N. Woodruff
Ohio
Michigan
Kentucky
Tennessee
Judicial Circuit
Treasury Department
Industrial Alcohol Bureau
Cincinnnati
R. BH. Joyce
St. Paul
Minn
Administrators Named At Washington List
Washington dispatch reports a list of administrators announced on June 26. The item notes officials or boards distributing administrator roles, with details on who received appointments and the jurisdictions affected.
MENTIONED IN THIS ARTICLE
Washington
British Ambassador Jostled by Rude Cop
New York June 26 The reception for Capt Kingsford Smith devolved into farce as bureaucratic chaos disrupted access for the British ambassador Sir Ronald Lindsay and staff The Nassau County and New York City reception committees coordinated poorly causing visible awkwardness and public embarrassment amid the overcrowded venue
MENTIONED IN THIS ARTICLE
Rude Cop
New York World News Service
New York
Kingsford-Smith
United States Health and Customs
Nassau County
New York City
Sir Ronald Lindsay
House Passes Substitute Veterans Relief Measure
The House, led by Speaker Longworth, sustained Hoover's veto and passed a $50 million pensions bill for 200000 uncompensated World War I veterans by a 365 to 4 vote. The measure moves to the Senate where Finance Committee aims to approve and shape it like Spanish war pensions.
MENTIONED IN THIS ARTICLE
Cecil B. Dickson
Washington
Longworth
House
Hoover
Senate
Senate Finance Committee
Democrats
Congress
House Administration
State Officials Move to Stop Rumor Spread in Cincinnati
Federal and state investigators target alarmists who spread false rumors about Cincinnati banks. Officials warn it is a penitentiary offense to circulate untrue statements and say arrests may occur within 24 hours. The Ohio General Code caps fines at one thousand dollars and imprisonment up to two years. The Banking Department pledged to prosecute persistent rumor spreaders.
MENTIONED IN THIS ARTICLE
Cincinnati
Amor’ Shafer
Cosmopolitan
Brotherhood
Schorr
Edward D. Schorr
Commerce
Ohio
River Bank Fire Knocks Out Lights Across Cincinnati Area
A transformer fire on the river bank between Augusta and Rose streets caused thousands of dollars in damage at the new power plant and cut electric lights in Cincinnati Covington and Newport for over forty minutes. Nine fire companies battled the blaze aided by a large gas reservoir and coal nearby. WLW radio switched to batteries and national network to continue broadcasts during the outage.
MENTIONED IN THIS ARTICLE
Augusta
Rose Streets
Cincinnati
Covington
Newport
Clem Peckman
Firemien
Cinneinnati
Civic
Union Central Life Insurance Company
Redland Field
Clete Kaufman
Frank Wolf
WLW
Henry Thies
Natalie Giddings
Crosley Corporation
National Broadcasting Chain
Tom Mix to halt allowance for runaway daughter
Los Angeles reports say film cowboy Tom Mix plans to stop his 250 dollar monthly allowance to his 17 year old daughter Mrs Douglas Gilmore who recently wed without parental consent. Gilmore was cited to show cause why the payment should not be ended.
MENTIONED IN THIS ARTICLE
Los Angeles
Douglas Gilmore
Tom Mix
Mix
Tae Gilmores
Yuma
Ariz
California
Temperatures and Weather for Multiple States and Cities
The report outlines Friday and Saturday forecasts for Ohio Kentucky Tennessee and West Virginia with mainly fair skies and showers at night in some areas. It lists current high and low temperatures for various cities and gives June 26 1930 normal and recent records including highest and lowest readings and wind and precipitation details.
MENTIONED IN THIS ARTICLE
Ohio
Kentucky
Tennessee
West Virginia
Indiana
Eastport
Louisville
Bostonian
Nashville
Alba
Euicieaelanea
Nelee
Niwork
Detroit
Green Bay
Galveston
Omaha
Pitteb’gh
Denver
At & P.m
Wold
Also Mentioned on This Page
Lacy
Egond Bank
Brotherhood of Rail
Way Clerks Institution
Doherty
Clearing House Group
Tre
Cleves Farmer
U. S
Weather Observatory
Cape Anaes
Caner Sceves
Nersskiakateo DE
EAM
U. S. Coast Guard
Bolt
Ee Sa
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