Bonds Offer Quick Remedy for Money Shortage
A proposal to convert United States bonds into money would ease economic panic and boost liquidity without permanent currency expansion. The plan would exchange bonds for treasury notes with no loss to holders, helping banks meet depositor demands and prevent a barter-like collapse. The author cites Ohio banks holding large bonds and argues rapid action is essential to stabilize credit and production.
MENTIONED IN THIS ARTICLE
United States
Treasury
Tom L.johxson
Fort Hamilton
N. Y
Suit for $15000 filed against Nashville Ice Factory and United Electric Railway
Ex-Comptroller Allen filed in the Circuit Court a damages suit seeking fifteen thousand dollars from the Nashville Ice Factory and United Electric Railway for injuries received when struck by an ice wagon while getting off a car about a year ago.
MENTIONED IN THIS ARTICLE
Allen
Nashville Ice Factory
United Electric Railway
Bank Failures at Abingdon Suspend Banks in Va
The Bank of Abingdon and the Exchange and Deposit Bank of Abingdon, Virginia, suspended operations Saturday morning. Liabilities and assets are unattainable due to heavy depositor demands and poor collections. Resumption is expected at an early day if conditions improve.
MENTIONED IN THIS ARTICLE
Bank of
Abingdon
Exchange and Deposit Bank of
Sparger to Close Beaver Creek Mills Facing 40 Job Loss
W A Sparger will shut down his cotton mills on Beaver Creek at week’s end. Forty workers will be unemployed, a result he cannot avoid despite prior advice from buyers to suspend operations while the business covered expenses. Aug. Ath. Conrier.
MENTIONED IN THIS ARTICLE
W. A. Sparger
Beaver Creek
Enormous Noel Mill Opens at Castill Springs
The Noel mill at Castill Springs began operations last Friday. Costing about $300,000, it has a capacity of 25 000 barrels of flour and is touted as America’s largest winter wheat mill. A special train carried 150 Nashville businessmen for a grand barbecue and festive day with Estill Springs locals, feasting, dancing, and a Nashville band.
MENTIONED IN THIS ARTICLE
Noel
Castill Springs
America
Nashville
Estill Springs
Forty Years a Preacher Inspires at Methodist Church
The Jonesboro Herald notes Rev. David Sullins D D of Cleveland Town delivered an excellent sermon at the Sunday service. He recalled standing in the pulpit forty years ago with his hair black now whitened by time. He preached on 1 Corinthians 15 21 22 to a large audience representing multiple denominations.
MENTIONED IN THIS ARTICLE
Methodist Church
David Sullins
D. D
Cleveland
Sullina
Christ
Bullins
Jonesboro
Local Hardware Firm Calls In Debts After Stock Sale
Having sold our stock of hardware to Lyle & Summers we are compelled to call on our friends for immediate retirement as we cannot pay our indebtedness until we get what is due us. Conditions force us to enforce collections as far as possible and ask prompt patronage. Our former customers will be treated well by our successors.
MENTIONED IN THIS ARTICLE
Lyle & Summers
Sraven & Stirs
Chicago A City Grown From Fire To World Stage
The piece extols Chicago as a great city from a wolf haunting past to a modern metropolis with over a million and a half residents. It highlights the panorama of the Chicago Fire, a bird's eye view exhibit near Michigan Avenue and Madison Street, and notes its proximity to downtown hotels and the 1893 World’s Fair audience.
MENTIONED IN THIS ARTICLE
Chicago
Michigan Avenue
Madison St
The Great Illustrated Monthlies Offer New 128 Page Volume
The Cosmopolitan, once priced at 3.00 yearly for 1536 pages and 1200 illustrations, announces a 128 page volume with over 120 illustrations. It claims cloth binding value around 2.00 and notes a new, highly capable printing plant begun in January.
MENTIONED IN THIS ARTICLE
Cosmopolitan
Ripans Tabules Benefit From Quick Relief Claims
An advertisement touts Ripans Tabules as a ready aid for scrofula and related ailments, presenting quick relief claims and public usefulness.
Also Mentioned on This Page
Society For Savings of
Ohio
The
North American Review
James H. Eckles
Pennoyer
Oregon
Louisville
Bristol
Monon
Union
8. A
Peterson
Charles Belmont Davis
England
Murray Amated
Minot J. Savage
Florence Earle Coates
South Third St
Philadelphia
COMET
Oliver Chilled
P. H. Wofford
Summers & Lyle
sxweLion
P. Ht
Watauoa
Nion
King St
P Electric Street Railroad
City
Oaklande
Zener