Wall Street Turmoil and Electoral Vote Reform Debates
By Telegraph severe censure on inflation corruption and competition blamed for New York business troubles. Reports discuss the Wall Street rupture, bond and stock schemes, and upcoming electoral count legislation with House opposition likely. An Army Bureau of Ordnance report draws mixed comment, while an electrical display caused by a city storm damages at Bankers Merchants branch and center market tower.
MENTIONED IN THIS ARTICLE
Wald Street
WaluIncTex
Wall Street
Eaton
Connecticut
Carlisle
Randall
Bureau of the Ordnance of the Army
Grand Canyon
Ordnance
Bankers’ & Merchants
National Hotel
Center Market
Financial turmoil hits suspended banks amid New Year gloom
In New York on May 23 the market slump worsened the prospects of suspended banks as executives prepare statements without promising resumption. Russell Sage’s secretary cites a $5,000,000 loss, while Metropolitan Bank faced a crippling drain. Capt. McCorkindale reports vast pumice from Java eruptions drifting across the Indian Ocean near Mauritius, seen as fields of floating stone.
MENTIONED IN THIS ARTICLE
Russell Sage
Sage
Hatcd
New York
McCorkindale
Charlotte Croom
Chittagong
India
Indian Ocean
Mauritius
Java
Wrecked in a fog fatal collision on the Pan-Handle Railroad
A fog thwarted signaling as Mixed train No 60 collided with freight 41 near Wheeling Junction at five am killing D Bartholomeau and injuring five others. The injured, all aboard the freight, included James Coms AL Cale John Currans Erwin Dagweeney and John Daly. Damaged trains and rescue efforts followed as the bodies and wounded were moved to Mahoning for treatment.
MENTIONED IN THIS ARTICLE
Pirrspurnen
Freight
Wheeling Junction
D. Bartholomeau
Cincinnati
East Dubuque
Til
James Coms
AL Cale
John Currans
Daty
Erwin Dagweeney
John Daly
Mahenlng
Newton Fats
Frank Allen
Bank Suspends Payments in Pittsburgh Run on Pennsylvan ia Bank
The Pennsylv an ia Bank of Pittsburgh closed its doors at 12 30 p m citing continued runs for several days and suspended payment. President William N Riddle, newly recovered from illness, stated he would face the music with depositors while acknowledging massive losses and unfounded rumors. The bank’s capital is 200000. Farmers Deposit National Bank loaned 100000 to help meet obligations. Ex president Baldwin rebutted rumors of improper loans and defended securities while Baldwin’s stance and company Director corroboration are noted. Sage’s office reports quiet notices to stockholders. Brownell & Co failed earlier due to value shrinkage. Endicott resigns as Oregon Transcontinental president. Elijah Smith named successor.
MENTIONED IN THIS ARTICLE
Pennsylvanea Bank
Pittspunch
Pennsylvania Bank
Pittseuren
William N. Riddle
Pittsburgh
Associated Press
New York
Walker
Brownell É& Walker
Stearing Hlouse
Farmers Deposit National Bank
Farmers’ Bank
Pennsylvania
Baldwin
Louisville & Nashville Road
Henderson Bridge
Grownell & Co
J. L. Brownell
H. W. Walker
L. W. Murray
Brownell & Walker
Sage
Boston
Endicott
Oregon
Hughes Slattery Prize Ring Fight Near Drake's Landing
At daybreak near Drake's Landing on Irondequert Bay Carly Hughes of Buffalo was punished by Patrick Slattery of Buffalo city in a prize ring match before nearly 300 spectators. Both fighters weighed around 170 and 163 pounds respectively. Jack Turner refereed as sheriff officials watched. Hughes was the favorite amid large ads. no interference occurred.
MENTIONED IN THIS ARTICLE
Jack Turner
Hughes
Schoefer
Posse
Royal Japs Visit America and Travel to England
A group of sixteen Japanese nobles led by Prince Yamashian arrived at Rock Island depot aboard a special car. They wore modern attire and spoke English, planning onward travel to New York, Washington, then England, where the prince will stay four to five years.
MENTIONED IN THIS ARTICLE
America
Cilaco
Rock Island
Prince Yamashian
Japan
Heia
England
France
New York
Washington
Also Mentioned on This Page
Telegraph
Hangispurs
State Board of Pardons
Allegheny County
John Sullivan
Shay
St. Louis
Browning
Missouri
Board of Pardons
Mexico
Galveston
Galveston News
Metamoras
Brownsville
Matamoras
Shaves
Milwaukee
Wis
Hopkins Morgan
Cambria
Columbia County
John
Harnisavran
Simonton
Philadelphia
Hosmae Ovseerm
Burraro
Latdwie
Metropolitan Bank
Endlectt
Coo Transcontinental
Ferdinand Ward
Grant & Ward
Nelson J. Tappan
Ward
Pirotsnynay
Amalgamated Asse _ Chition
The
Dominion
Patare
Toronto
Cartwright
Teader
United States
Royal Japs
Montana
Earl
Philip Schneider
Phillip Schneider
Waverly
Wolf's Island
Lexington
Schneider
Keeth
Brewers In Convention
KocutsTer
Scharmann
TV. N. Cothart
Rochester Association
Lcharmann
the Mechanical Engineers
Allegheny River
Monongahela River
Obicago
Caicaca
Mexican Central Railroad
Andrew Lamma
Baseball
Clevelands
Chicagos
League Park
L. Philadelphia
Bostons
Philadelphias
Providence
Detroits
Bulalas
Porrgyoroti
Faoweuior
Hood
F.D. Matteson & Co
Lion Street
F.d.matteson&co
Cary & Matteson
Center Street
Dr. Alling & Co’s
Wirtner & Alling
Jene
Oakley
Scworth Fin
O. R. Oakley
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