Wall of a Master of Finance three institutions fail
Chicago news reports the collapse of John R. Walshs three banks the Chicago National bank the Home Savings bank and the Equitable Trust company. A new creditor alliance forms to pay depositors in full with officers including Co H Bosworth John J Mitchell Ernest A Innimill James H Eckels and J B Forgan. Walsh properties eyed by syndicates as the industry reels from the crash.
MENTIONED IN THIS ARTICLE
Chicago
John R. Walsh
Chicago National Bank
The
Home Savings Bank
Equitable Trust Company
United Banks
Co. H. Bosworth
John J. Mitchell
Ernest A. Innimill
James H. Eckels
J. B. Forgan
Walsh
T. M. Jackson
Chicago National
Bosworth
Chicago Clearing House Association
Chicago Banks Earned Praise For Prompt Action
Ex Comptroller Eckels lauds banks as creditable for suspensions and clearing house cooperation. Backed by allied Chicago banks, depositors are promised full payment. Walsh blames timing and bonds. regulators value bonds at half Walsh’s figure. Local financiers tie Walsh’s woes to Southern Indiana railroad dealings and coal freight disputes.
MENTIONED IN THIS ARTICLE
Chicago
Eckels
Walsh
Southern Indiana Railroad Company
State Auditor
Chicago Clearing House Committee
National Bank
Chicago National Funds
Savings Bank
Southern Indiana Railroad
Bedford
Indiana
Monon
Hue
Terre Faute
Ind
Pullt
Walsh Affairs Highlight National Bank Status 1881
A brief note discusses Walsh related matters and the national bank scene in November 1881, noting a capital figure of $800,000 and the involvement of multiple financial interests. The fragment hints at broader banking activity and investment during that period.
MENTIONED IN THIS ARTICLE
Walsh
Go National Bank
Bedford Bank Turmoil Involves John R Walsh Interests
Bedford Indiana reports the suspension of Chicago National Bank Home Savings Bank and Equitable Trust, affecting John R Walsh who owns 60 percent of Bedford National and serves as president. Stockholders rushed meetings while nearby banks prepared to aid as a light run hit deposits. Walsh employs 1,000 locally across Walsh enterprises including Bedford Quarries, two sawmills, and railroad shops. many more work in Oolitic.
MENTIONED IN THIS ARTICLE
Stution
Chicago National Bank
Equitable Teast Company
Drainaige Canal
Walsh
Bedford Quarries Company
Indiana
Southern Indiana Railroad Company
Monon
Akron Gas Company
Akron, C
Illinois Southern Railway Company
Rand- McNally Company
Southern Indiana Express Company
Southern Indiana Railroad
Ridgely
Bedford
Ind
Home Savings Bank
Equitable Trust Company
John R. Walsh
Bedford National Bank
Brooks
Oolitic
Civil War Declared in Russia as Government Fights for Survival
The workmen’s council in St. Petersburg prints 100000 copies declaring the government has declared civil war on the proletariat and vows to resist. It calls the throne tottering, asserts the army is shifting to the rebels, and appeals to troops to remember their origins and not fire on kin. Details also recount a clash near Roemershof where dragoons guarding a wagon train were overwhelmed by Letts, with captives taken to Lennowarden castle.
MENTIONED IN THIS ARTICLE
St. Petersburg
Workmen’s Council
Romanoffs
Riga
de Witte
Witte
Grume
Livonia
Bee
Roemershof
Lennawarden Castle
Fitzsimmons Moves to San Francisco for O'Brien Fight
San Francisco December 19 Robert Fitzsimmons left Alameda training quarters for the city to prepare for his glove contest with Jack O'Brien of Philadelphia tomorrow night. He is in fine condition and confident of success. O'Brien backers are equally confident with betting odds at 10 to 7 in his favor.
MENTIONED IN THIS ARTICLE
Fritz
San Francisco
Robert Fitzsimmons
Bia
Alameda
Jack O’brien
Philadelphia
O'Brien
Wright Defends Philippine Tariff Opposition Before House Ways
Gov Luke E Wright of the Philippines argues against tariff cuts in sugar and tobacco before the House Ways and Means Committee. He frames opposition as pig headed not intelligent selfishness, contrasting with support for tariff reduction.
MENTIONED IN THIS ARTICLE
Washington
Luke E. Wright
Philippines
Ways and Means Committee
House
Bill to fund marking Confederate graves in North
Representative Prince of Illinois introduced a bill for 200000 dollars to properly mark the 30752 Confederate graves located in northern states. The proposal seeks federal funding to honor fallen soldiers and ensure accurate grave markers across designated sites.
MENTIONED IN THIS ARTICLE
Washington
Prince
M Iiois
North
Japan expects boom in electric railways
Items of interest note a potential railway boom in Japan driven by electrification. Other tidbits report large reserves of asphalt in Hungary, heavy coffee consumption in the United States, and a lightning strike at a Grafenbaum Austrian wedding where the bride’s veil was torn.
MENTIONED IN THIS ARTICLE
Japan
Hungary
China
Berlin
Witthn
Siberia
Moldau
Prague
United States
Germany
Europe
Russia
Halifaxy
Zenstyos
Grafenbaum
Austria
Gapon Urges Peace as Strike Question Looms
Amid deteriorating conditions in Russia, Father Gapon counsels caution to workers while provincial responses, especially railroad unions in Moscow, delay a general strike. Pro-government warnings about protecting reformers seem validated after a Rostov mob attacked railroad committee members discussing a possible strike.
MENTIONED IN THIS ARTICLE
Moscow
Father Gapon
Genem
Rostoff-on-Don
Rebels drive troops from rural districts to Riga and Libau
Milan December 1 report says troops abandon country districts to Riga Mitan and Libau to defend against insurgents. Garrison at Takum held as insurgents pierced sentries and laid wire traps. Soldiers retreated amid chaos with many dead and mutilations described.
MENTIONED IN THIS ARTICLE
Milan
Courhhind
Riga
Mitan
Libau
Takum
Government's statement on Russia as it plans elections
St Petersburg report states the government aimed for a peaceful transition but faced armed socialist pressure and mutiny lures from labor groups. It says restoring order was necessary to hold elections, though leaders risk being seen as manipulating the douma. The regime claims only a desperate remedy could avert ruin.
MENTIONED IN THIS ARTICLE
St. Petersburg
Associated Press
Douma
Accused Mutineers Acquitted at Cronstadt Court
Cronstadt Russia December 19 The military court acquitted eighteen of forty nine Cronstadt artillery privates charged with mutiny in connection with the recent outbreak. The remaining soldiers were sentenced to imprisonment ranging from two to twenty four months.
MENTIONED IN THIS ARTICLE
Cronstadt
Russia
Cronstadt Artillery
Strike Prolonged in Warsaw as Central Order Awaited
The post and telegraph strike in Warsaw persists into December with workers vowing to stay out until Moscow orders a return to work. A proclamation from the Jewish socialist Bund calls for preparations for an armed insurrection.
MENTIONED IN THIS ARTICLE
Warsaw
Post and Telegraph
Central Committee
Moscow
Jewish Socialist Bund
Dutch Losses In Sumatra Ambush Reported
The Hague dispatch says a Dutch convoy was ambuscaded in the Pengsangan district of Aceh on Sumatra. Twelve Dutch soldiers were killed and eight wounded, while the Acehnese sustained six fatalities in the clash.
MENTIONED IN THIS ARTICLE
Sumatra
Hague
Pengsangan
Achin
Achinese
Reclamation plans cited for 1.3 million acres
Government projects for reclaiming 1,303,600 acres of arid land at a cost of 37,028,571 dollars are proposed and under way. Immigrants are described as doctored up in Europe to enter the United States. Robert G. Pearce is before the senate for confirmation as surveyor of customs at Rock Island Illinois. President McCall of New York Life Insurance is reported ill with pneumonia. Mrs. Mary Lacey Quigley mother of Archbishop James E. Quigley is dead in Rochester at 15. Cleveland Worsted Mills has raised wages for 1,500 workers by 10 percent.
MENTIONED IN THIS ARTICLE
Maurice Ishberg
New York
Europe
United States
Robert G. Pearce
Senate
Rock Island
Ill
McCall
New York Life Insurance Company
Mary Lacey Quigley
James BE. Quigley
Chicago
Rochester
N. Y
Cleveland (O
Perkins
Insurance Corporation
J. Y. Morgan & Co
Morgan & Co
Yeaur
Tandis
Mr. Hyde
France
John Paul Jones
Republic
Pierpont Morgan
Harriman, Kuhn, Loeb & Co
The
McCurdys
McCalls
Perkinses
International Kleptomanatiac
Landis
Anecdote of John D Rockefeller Retold by Student
A St Charles resident D B Moore recalls meeting a teen Rockefeller in Oberlin Ohio during the 1950s. Moore was a schoolboy in Sunday classes when asked to judge a book for a young man’s library. The youth thanked him and Moore has followed Rockefeller’s career with keen interest.
MENTIONED IN THIS ARTICLE
D. B. Moore
St. Charles
John D. Rockefeller
Itoes
J. D. Rockefeller
Mr. Rockefeller
Trust Climb Down In $189000 Brick Fines Case
Chicago reports the brick trust plea deal in Judge Smiths court with nine defendants entering no contest pleas and paying 2000 fines each totaling 18000. Firms Illinois Brick American Brick Chicago Brick and agents Prussing Yomling Gray Hank plus Brick Tile and Terra Cotta Union officials faced the court as the state accepted the arrangement after a conference with State's Attorney Healy.
MENTIONED IN THIS ARTICLE
Chicago
Brick Trust
Ena
Smith
Ureas of
Nolo Contendere
The
Illinois Brick Company
Atertean Brick Company
Chicago Brick Company
George C. Prussing
Lilinda Brick Company
Healy
W. 8
Forrest
Walsh
Flo
First National
Dan Donnghue
W. &. Forrest
Harry Olson
Morrest
Landis Lashes Out On Insurance Reform In House
Indiana congressman Fred Landis delivered a fiery maiden speech attacking Morgan firms and other insurers. He proposed federal control of district and territorial insurance business and urged removal of perceived corrupt figures including Pierpont Morgan and related executives. The speech drew strong applause from Republicans as they surrounded him afterward.
MENTIONED IN THIS ARTICLE
Washington
Fred Landis
Indiana
District of Columbia
Territories
Finsular
Our Strenuous Womanhood Sparks Rural School Shooting
In Mount Vernon Illinois on December 19 a 15 year old girl used a revolver in a quarrel with a neighboring farmer's 16 year old daughter over an 18 year old suitor. Stella Edmuidson fired twice wounding Maggie Helis with shots to the chest and side. James Wilson, aged 18, is named as the instigator. The femper wound may have serious consequences.
MENTIONED IN THIS ARTICLE
Mount Vernon
Ill
Farrington Township
Stella Edmuidson
Maggie Helis
James Wilson
Smallpox Fears Rise Across Illinois Districts
The Illinois state board of health is alarmed by the spread of smallpox across several districts. Indications suggest a firmer foothold this winter with cases reported in Jersey, Greene, and Macoupin counties and another outbreak around Springfield Valley and Galesburg.
MENTIONED IN THIS ARTICLE
Springfield
Dee
State Board of Health
Murder Case in East St. Louis Deepens
Hlimer McCaslin died from wounds after being shot by his cousin Jesse McCaslin at their uncle Rev. BE WW McCaslin home. The shooting occurred during a jealousy dispute over Mrs. LaVerne Holmes. Jesse remains jailed pending outcome of the death and investigation.
MENTIONED IN THIS ARTICLE
East St. Louis
Hlimer McCaslin
Jesse McCaslin
Saloon Defiance Leads to License Revocations
Saloons in Rock Island defied the Sunday closing order issued by Mayor McCaskrin. He personally inspected each establishment and revoked licenses, including the Rock Island House and Turner Hall, two of the city’s largest bars.
MENTIONED IN THIS ARTICLE
Rock Island
McCaskrin
Rock Island House
Turner Hall
Explosion Fatalities Near Stoltz Farm Injure Two
In Stoltz farm area three miles north of here, two men named odshua Halley and Warren Kendall were killed and a derrick wrecked while preparing nitro glycerine for a shot at a well. They were hurled into the air and mangled in the blast.
MENTIONED IN THIS ARTICLE
Casey
Odshua Halley
Warren Kendall
Stoltz Farm
Here
State Funds Not Linked to Local Banks Declared
Springfield reports no state deposits are held in Chicano National Bank the Equitable Trust Company or the Women Say Ling's Bank of Chicago.
MENTIONED IN THIS ARTICLE
Springfield
Chicano National Bank
Equitable T Rust
Wome Saylings Bank
Chicago
Eccentric Omaha Bond Buyer Receives Many Marriage Proposals
A. J. Seaman lives on 9 cents daily and attracts hundreds of letters from women who wish to marry him. He replies to stamp enclosures on postal cards, earning 1 cent per response. An accompanying Sun distribution notes the man’s odd lifestyle and fan mail. The German admiralty plans ship recognition by colored bands on funnels for distant identification.
MENTIONED IN THIS ARTICLE
A. J. Seaman
Omaha
Seaman
Markets Report From Chicago and East Buffalo Live Stock
Chicago markets show hog receipts about 50 000 with typical ranges from 4.60 to 5.05 for packing classes and fair to good averages around 4.85 to 5.05. Sheep and lambs priced from 5.75 to 7.75 for good to prime wool and mutton types while cattle readings list Christmas beeves 6.30 to 6.85 and steers 5.25 to 6.25 with veal calves 6.75 to 8.25. East Buffalo quotes firm cattle at 4.75 to 5.50 for export steers and hogs at 5.20 to 5.25, with sheep and lambs steady at 7.00 to 7.50 and calves 0 to 9.25 for top heavies.
MENTIONED IN THIS ARTICLE
Chicago
Sheey
Catthe
East Buffalo
West Buffalo
N. Y
Dunning & Stevens
Live Stock Commission
Hungarian nobleman vows to give away fortune to officials
Baron Pronay, a wealthy member of Hungary's upper house, pledges to donate nearly all his fortune while reserving about 3875 dollars yearly for his wife and daughter to retaliate against officials who refuse to pay taxes. Paris set a tip record last summer as museum attendants earned modest daily tips while handling umbrellas and sticks.
MENTIONED IN THIS ARTICLE
Baron Pronay
Willonaire
Paris
Péntheon
German Syrup claims cure for lung diseases in old ad copy
An old advertisement touts De Boschées German Syrup as a universal cure for chest coughs and lung diseases. It promises early use prevents bronchial restriction and supports recovery, claiming thousands of prior cures and offering trial bottles for 75 cents, with sales by Jos. Emmer and W. R. Jungkuns.
Got His Hair Back With Newbro’s Herpicide
Frederick Manuell of Butte Montana bought Newbro’s Herpicide on April 6 1899 and reports within 20 days his scalp hairs revived. By July 2 he writes his hair is thick and luxuriant. The ad claims the product destroys the germ causing dandruff and baldness, prompting new growth. Send 10c for a sample to The Herpicide Co Detroit Mich Special Agent Joseph Emmert.
MENTIONED IN THIS ARTICLE
Frederick Manuell
Maryland
Diocle
Butte
Montana
Newbro
Newhero
Herrieide Co
Detroit
Mich
Joseph Emmert
Also Mentioned on This Page
Ben
Walsh Bank
Workmen's Council
Government
Council
Dorpat
Courland
Wenden
Gov. Wright
CTE
Tichoge E Corey
Mueller
Rockefeller
Trust
Sage
Hines
Itema
Chicago Board of Trade
Jos. Emmer? and
W. RF. Jungkuns
Neuralgyline CO
Wheeling
W.va
Freeport
John S. Harpster
DR. Davis
Ya Eady
Conservatory of Music
Wild Building