West banking system holds strong under check plan
Chicago reports a generally satisfactory financial scene as banks in Kansas Oregon and Spokane adopt checks and certificates to protect reserves. Kansas City merges Wyandotte Bank into Commercial National while New England National notes no trouble except Bankers' Trust liquidation. City banks see swift cash demand but overall prosperity remains high with smooth operations across national banks.
MENTIONED IN THIS ARTICLE
Chicago
West
Kansas
Oregon
Chamberlain
Portland
Spokane
New York
Kansas City
Wyandotte State Bank
Commercial National Bank
James F. Downing
New England National Bank
Clearing House Association
Bankers’ Trust Company
John J. Mitchell
Illinois Trust and Savings Bank
Hibernian Savings Bank
Berlin Boosts Discount Rate Amid Gold Demand
Berlin October 29. The Imperial Bank of Germany lifted its discount rate from 5 1 4 to 6 1 4 percent, a full one percent jump. The rise, tied to New York’s gold demand and fears of gold exports, comes as London’s recent gold engagements push exchange rates to the gold point and prompt immediate action.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
New York
Germany
Bank of England
London
Twenty days to file coal rate briefs announced
Indianapolis Oct 2 Union Mont chairman of the Indiana rail rate commission said railroad officials have twenty days from last Friday to file briefs in the case of coal rate discrimination on shipments to connecting lines. Many roads and attorneys attended the hearing last week and are expected to vigorously contest any rate changes.
MENTIONED IN THIS ARTICLE
aAndianapolis
Mont
Indiana Railrise Commission
Trafic
Imderstood
Fallrodds
Sevel Coal
Mew Yank Scare Eases as Markets Stabilize
New York reports the financial scare fading with no major developments. The stock market shows little agitation while the Imperial Bank of Germany raises its discount rate to six and a half percent to protect gold holdings.Observers expect the Bank of England may follow at the next meeting.
MENTIONED IN THIS ARTICLE
New York
Imperial Bank of Germany
Bank of England
United States
Union Pacific Halts Construction Work Nationwide
Union Pacific discharged between four and eight thousand construction department workers in Omaha Nebraska. All construction on the railroad’s system was abandoned and work stopped from Kansas City to the West. A $6,000,000 project with three years of planned work was halted and would have finished in fifteen days.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Union Pacific Railroad
Park
T. ‘M. Orr
Sevon
Omaha
Kansas ‘City
Kansas
Women Lead Delaware Local Option Campaign in Wilmington
In Wilmington and across Delaware the local option fight focuses on November 5 with women and children driving the campaign. Mrs. Leonora M. Lake and Mrs. Elizabeth Marks lead volunteers while Mrs. Isaac W. Bowers heads a detective corps guarding registrations and polling day integrity.
MENTIONED IN THIS ARTICLE
Delaware
Wilmington
Del
Leonora M. Lake
St. Louis
Elizahbeth Marks
Women’s Federation
Lake
Marks
Isaac W. Bowers
Editor Acquitted In Defamation Case Against Von Moltke
Maximilien Harden, editor of Die Zukunft, was acquitted in the defamation suit brought by General Count Kuno Von Moltke, former military governor of Berlin. Von Moltke was condemned to pay trial costs as the lengthy hearing drew wide attention across Germany.
MENTIONED IN THIS ARTICLE
Berlin
Maximilien Harden
Die Zukunft
Count Kuno von Moltke
von Moltke
Germany
Garrett Man Killed by Locomotive On Rail Line
Special to The Sentinel Garrett nd Oct 29 H B Noyes of the Baltimore and Ohio railroad bridge department was crushed under a locomotive and killed instantly at 6 45 this morning. He stood on the tracks near the canal dock as a freight engine backed in to load coal. It is believed he failed to see the approaching engine.
MENTIONED IN THIS ARTICLE
Sentinel
Garrett,nd
H.B. Noyes
Baltimore & Ohio ‘Railroad
Noyes
Walter Moore Dies From Gas Blowout at Hotel
Walter Moore of Ewart Michigan was found dead from asphyxiation in a room at the Commercial hotel on South Calhoun Street about 6 30 Tuesday morning. He had blown out the gas light before retiring shortly after midnight. A doctor and Lieut Henry Lapp tried to revive him. Moore was 25 and a son of John Moore of near Ewart.
MENTIONED IN THIS ARTICLE
Walter Moore
Ewart
Mich
Commercial Hotel
South Calhoun Street
Henry Lapp
Moore
John Moore
Grand Rapids Road
Plowmaker Deere Dies After A Yearlong Illness
Charles H. Deere of Moline Illinois died in Chicago after several months of illness. He was a key figure at the Deere plow works and passed away at one o'clock at night at a hotel in Chicago. His wife and daughter Mrs. Butterworth were present.
MENTIONED IN THIS ARTICLE
Moline
Chicago
Charles H. Deere
Til
Wi Butterw
Noble County Audit Finds Widespread Shortages in Office Funds
Albion Ind Oct 29 an expert audit of Noble county books reveals most county officials of the past twelve years are short in their accounts by sums from a few dollars up to 6000. The Funk and Polson firm conducted the export review under contract with county commissioners. the report was filed with County Auditor Earle weeks ago.
MENTIONED IN THIS ARTICLE
Albion
Ind
Noble County
Funk & Polson
Warsaw
Traction Men Under Indictment Near Mattoon Ill
A group of men associated with the traction industry near Mattoon Illinois faces indictment proceedings. Authorities accuse them of coordinated actions violating state law and regulatory rules. The case details remain limited as prosecutors prepare formal charges.
Probing Wreck Ties Officials in 18 Fatal Crash
Coles County Circuit Court issued search warrants for Mattoon City Railway officials and employees over a Charleston Mattoon Interurban wreck last August that killed eighteen. Judge Peter S. Grosscup and seven railroad figures face criminal negligence charges. McClara may face a harsher count. Bonds set at $5,000 each with sureties posted.
MENTIONED IN THIS ARTICLE
Charleston
Coles County
Mattoon City Railway Company
Charleston and Mattoon
Peter S. Grosscup
Chicago
Underwood, Sampsell and Rhodes
E. A. Potter
More
Charles Botts
McClara
Pres
Fifteen Dollar Forgery Involving Young Girl
Goldie May Reichart, a fifteen year old girl living with Jesse J. Landis at 1803 Harrison Street since 1892, forged a fifteen dollar check on Amos Lands’ checkbook in July and spent the money with a girl companion. The offense was uncovered when the household balance showed a deficit. The girl was described as incorrigible at home yet regular at Sunday school and a bright student.
MENTIONED IN THIS ARTICLE
Goldie May Reichart
Jesse J. Landis
Harrison Street
Huntington
Amos Landis
Roosevelt Cabinet Meets Amid Financial Talk
President Roosevelt conferred over two hours with most of his cabinet on October 29 regarding the nation s money situation. Taft was absent from the meeting.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Taft
Bookkeeper Charged In Cafe Martin Shortage
Pierre Rivesalles, a Cafe Martin bookkeeper on Broadway, is arrested on a complaint by his employer for being thirty one thousand dollars short in accounts. The case cites his aim to become a great caterer and notes he spent years copying the cafe’s fancy dishes and outfitting a street building.
MENTIONED IN THIS ARTICLE
New York
Pierre Rivesalles
Cafe Martin
Broadway
Rivesalles
Martin
The
Secretary Cortelyou Sees Money Situation Improving
Secretary Cortelyou believes national financial conditions are steady and improving, especially in New York, though he avoids public statements. He has used treasury resources to calm public confidence, depositing about $50 million in national banks in the last week and roughly $70 million since September.
MENTIONED IN THIS ARTICLE
Washington,d. C
Cortelyou
New York
United States Treasury
Judge Grosscup Indicted About to Enter Court
Chicago Oct 29 Judge Grosscup announced he was indicted as he prepared to begin the afternoon term of court. He expressed that the accident at Charleston was caused by human error in following orders and that he had no civil actions against him in 30 years, while noting no defect in construction or machinery. He added he was a company director at the time of the incident.
MENTIONED IN THIS ARTICLE
Chicago
Providence Union Trust Bank Fails to Open Amid Market Strain
Providence October 25. The Union Trust Company of Providence did not open at 9 am due to money market strain. Cornelius A. Sweet named temporary receiver by the superior court. The bank, organized in 1894 with $500,000 capital, had assets around $28.24 million and deposits near $25.47 million. President J Edward Studley and First Vice President Marsden J Perry. Industrial Trust also faced deposit pressures as a line formed outside.
MENTIONED IN THIS ARTICLE
Providence
R. J
Union Trust Company
Cornelius A. Sweet
Union Trust Company of
J. Edward Studley
Marsden J. Perry
Industrial Trust Company
Archibald G. Loomis
Trustee at Goshen 8 Accused as an Embezzler
Goshen Indiana October 29 George 8 Cobb trustee of Elkhart township Goshen was arrested on a grand jury indictment charging embezzlement of over 500 township funds Cobb an ally of George W Ellis former county educational leader was released on $1000 bail His indictment follows charges against Auditor Sweltzer and Commissioners Berlin and Davis for irregular payments to bridge contractor Banbaugh about 25 on unfinished contracts The grand jury met two weeks amid a general house cleaning trend
MENTIONED IN THIS ARTICLE
Goshen
Ind
George 8
Cobb
Elkhart
George W. Ellis
Michigan City
Maj
J. B. Cobb
Sweltzer
Berlin
Davis
Frank Banbaugh
Tmhade
Also Mentioned on This Page
America
Indiana Rail Commission
Union Pacific
Western Railroad
Garrett
H. E. Noyes
Michigan
Deere
BIG Traction Men
Ter
Mattoon, Ill
Grosscup
Providence Trust Company
G. S. Cobb
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