Banks in Good Condition Say Ridgley Confidence Returns
Washington reports Acting Secretary Cortelyou will depart for New York at four after assurances from Comptroller Ridgely that banks are solvent and the financial system is improving. Despite optimism, stock markets fell with heavy liquidation and a spike in money rates as Knickerbocker halted cash payments.
MENTIONED IN THIS ARTICLE
Washington
New York
Secretary of the Treasury
Cortelyou
Ridgely
Government Releases Six Million to New York Banks
Secretary Cortelyou for the moment declines comment on New York finances while it is understood he has ordered six million dollars distributed among the leading national banks in New York.
MENTIONED IN THIS ARTICLE
Washington
Cortelyou
New York
Decline in Knickerbocker Trust Increases Market Turmoil
New York on October 22 sees bankers brokers and businessmen flock to offices after National Bank of Commerce stops acting as clearing house agent for Knickerbocker Trust. Charles T Barney resigns from the presidency as sentiment remains unsettled amid the Morse Heinze developments. Knickerbocker holds deposits over 60 million dollars.
MENTIONED IN THIS ARTICLE
New York
National Bank of Commerce
Knickerbocker Trust Company
Charles T. Barney
Morse-Heinze
Knickerbocker Trust Faces Depositor Run After Resignation
After Mr. Barney’s resignation, conferences at Sherry’s drew attendees including J. Pierpont Morgan and partners George W. Perkins and Charles Steede. Three meetings focused on Knickerbocker Trust directors, the Trust Companies’ Association, and bankers. A deposit run appeared at the main office and branches, with 5 million dollars in vault cash and wagons delivering specie to calm crowds.
MENTIONED IN THIS ARTICLE
Mr. Barney
Sherry’s
J. Pierpont Morgan
Ats Partners
George W. Perkins
Charles Steede
Knickerbocker Trust Company
Trust Companies’ Association
Broadway
125Th Street
Allen
Vauls
Knnickerbocker Trust Company
4Th Street
Bronx
Knickerbocker Trust Runs Halted Amid Cash Shortage
The Knickerbocker Trust company faced a deposit run that lasted until 12 30 pm when it announced a stop on payments to depositors due to insufficient currency. The bank claimed it was perfectly solvent despite the liquidity crisis.
MENTIONED IN THIS ARTICLE
Knickerbocker
New York
Knickerbocker Trust Company
Stock Market Opens Weak Then Rallies In Early Trading
The New York market opened lower with readings like Reading at 82 and Southern Pacific at 71, all down from prior levels. Amalgamated Copper moved from 44 to 45 as a later rally followed a pair of breaks, signaling tentative market support and a more tranquil sentiment.
MENTIONED IN THIS ARTICLE
New York
Reading
Atchison
St. Paul
Pennsylvania
Southern Pacific
Canadian Pacific
Amalgamated Copper
Union Pacific
London Market Echoes New York Stock Turmoil
London on October 22 saw marked uneasiness on the stock exchange as wild reports from New York about the financial situation depressed prices of favored American railroads by 3 to 4 points below parity.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Mail carrier saves woman from fire with mail sack
Garfield Hughes emptied his sack of letters in the street and used the mail pouch to smother flames on Mrs. Francis Burr, who had burst into flames while cooking. She was carried to Englewood hospital in serious condition.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Garfield Hughes
Francis Burr
Hughes
Englewood Hospital
Woman Fails Appeal as She Goes to Jail for Fine
In Marion Ohio on October 22 a 40 year old woman Mrs Thomas Uncapher was fined 10 by Mayor Scherff after a shooting incident with neighbor Andrew Maloney. She appealed through common pleas court and the circuit tribunal but lost each time. She chose to lay out the fine and costs totaling 76.66 or 110 days in jail.
MENTIONED IN THIS ARTICLE
Marion
Ohio
Thomas Uncapher
Andrew Maloney
Scherff
Common Pleas Court
Circuit
Five Western Union dispatchers seek reentry in KC office
Five striking operators applied for their old jobs at the Western Union local office in Kansas City. Three were rehired and the other two had their applications held in abeyance.
MENTIONED IN THIS ARTICLE
Kansas City
Western Union
Balloons Race Views Report From Dayton and Richmond
Balloons in the international race drifted with variable winds. A balloon passed Fulton ten miles north of Dayton at 11:50 in the morning while another drifted five miles south of Richmond traveling eastward at 10:00. No messages were dropped and updates were to come from Hamilton or Dayton by noon.
MENTIONED IN THIS ARTICLE
Fulton
Here
Richmond
Ind
Hamilton
Dayton
Balloons from St Louis contest drift over Indiana
Multiple balloons from the international St Louis contest crossed Indiana today. A red balloon reached Crawfordsville at seven this morning, followed by two more heading east and southeast. Balloons passed over Rensselaer, Shelbyville, Indianapolis, and Marion around the same time.
MENTIONED IN THIS ARTICLE
Indianapolis
St. Louis
Indiana
Crawfordsville
Renssalear
Shelbyville
Marion
Balloon flight crosses Lake Michigan from Zion City
Report from St Louis observer Bowie to Prof Willis Moore says Maj H B Hersey of the weather bureau started across Lake Michigan from Zion City, near Chicago, this morning and is expected to complete a record trip.
MENTIONED IN THIS ARTICLE
Washington
St. Louis
H. B. Hersey
Weather Bureau
Lake Michigan
Willis L. Moore
United States Weather Bureau
Bowie
Maj. Hersey
Zion City
Chicago
Nine balloons start international race from St Louis
The nine balloons began the international competition at 4 PM under ideal conditions. Early reports from towns near St Louis indicated balloons sighted as crews battled varying high and low air currents. By 9 PM the German Pommern was seen over Alton Illinois while others drifted toward different compass points.
MENTIONED IN THIS ARTICLE
St. Louis
Pana
Effingham
Taylorsville
Montgomery
Alton
Mechanic Regains Speech After Navy Yard Shock
Robert L. Mortimer chief electrician at Charlestown navy yard talks again after a weeklong loss of speech due to a shock. Doctors and specialists pursued counter shocks with one unexpected jolt restoring articulation. Mortimer, now lively at the yard, notes a funny sense after seven days of silence.
MENTIONED IN THIS ARTICLE
Mortimer
Charlestown Navy Yard
Boston
Mass
Robert L. Mortimer
Belknap
Wabash
Navy Yard
Balloons Sighted North East and West of St Louis Area
Reports indicate balloons seen to the far north east and far to the west of St Louis while another is said to be traveling over Tennessee to the south. Several balloons are in the vicinity of the Great Lakes and Lake Michigan.
MENTIONED IN THIS ARTICLE
St. Louis
Tennessee
Great Lakes
Lake Michigan
Balloons Sighted Over Camden From St. Louis Flight
Two balloons launched from St. Louis, Missouri were spotted over Camden, Ohio today. The yellow balloon appeared at 1 40 P M and lingered for about 15 to 20 minutes while the second red and blue flag balloon followed at 2 50 P M. Both floated eastward at a slight altitude.
Two Men Arrested in Horse Stealing Case
Special to the Democrat Sun Middletown October 21 Joe Brown of Cleveland and Joe Foley of Cincinnati were arrested by Constable Charles Jackson on horse stealing charges. Doly Sheehan from near Monroe reported his horse stolen after tying it near Sige's grocery. The horse was found loose at Carlin's camp near Kyle's and the buggy overturned. The local Royal Order of Masons will raise four candidates to the Royal Arch degree Wednesday with many from Hamilton expected.
MENTIONED IN THIS ARTICLE
Joe Brown
Cleveland
Joe Foley
Cincinnati
Charles Jackson
Doly
Sheehan
Monroe
Sige
Jackson
Carlin
Kyle
Royal Order of Masons
Hamilton
Reyman Brewing secretary shoots self at Elks clubhouse
J Frank Adams secretary of the Reyman Brewing company of Wheeling West Virginia committed suicide by a pistol shot in a bathroom of the Elks clubhouse yesterday afternoon authorities reported Adams died instantly and the motive remained unclear at this time
MENTIONED IN THIS ARTICLE
Wheeling
W.va
J. Frank Adams
Reyman Brewing Company
Elks
Semlers Lose Bank Case in Supreme Court Ruling
Special to the Democrat Loan Columbus Ohio Detachment reports Butler county case Semler Milling Co. vs Merchants National Bank of Indianapolis decided in favor of the defendant by the supreme court today.
MENTIONED IN THIS ARTICLE
Columbus, C
Butler County
Semler Milling Co
Merchants National Bank of Indianapolis
Supreme Court
Thaw Sells Pittsburg Homestead Interest
Harry B K Thaw and Evelyn Nesbit Thaw deeded their share of the Thaw homestead and adjacent property in downtown Pittsburg to his brothers and sisters. The 20000 dollar transaction, prepared in New York on August 16, was recorded by county officials. The landmark property marks a notable change in Thaw's hometown holdings.
MENTIONED IN THIS ARTICLE
Pittsburg
Harry BK. Thaw
Evelyn Nesbit Thaw
Thaw
New York
Peter J. Dooling
John W. Fairman
Harry Thaw
French army to enforce tooth cleaning and hygiene
Paris Oct 22 The under secretary for war M Cheron orders soldiers to clean their teeth as part of broader hygiene reforms. He notes 1900 records show 10 000 hospitalized for dental issues and 18 000 days of care, targeting young recruits who neglect health.
MENTIONED IN THIS ARTICLE
Paris
M. Cheroen
M. Cheron
No General Panic Slated Despite Wall Street Strains
New York views on economic outlook as William J Bryant arrives note no national panic while food prices and labor costs stay high. He says many in big business face embarrassment from improper conduct disclosures but a panic is unlikely. prices for necessities rise and money supply grows, contrasting 1894 conditions.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Wm. J. Bryanu
Gambling sermon targets Cargill fraud in Marion
In Marion on October 22 Rev J Boyd Jones denounced gambling and the Cargill investment failure that left hundreds of residents financially hurt. He warned against get rich quick schemes and likened such gamblers to a flashy spender and a craps bets player.
MENTIONED IN THIS ARTICLE
Marion
Ind
J. Boyd Jones
Christian Tabernacle
Cargill Get Rich-Quick
Baby Sandborn Born in City
A daughter was born to Mrs. Rodney Sandbeorn at 6 North Front Street.
MENTIONED IN THIS ARTICLE
Rodney Sandbeorn
North Front Street
Roosevelt Firm on Business Policies At Nashville Speech
President Roosevelt spoke in Nashville Tennessee addressing stock market turmoil and defended his policies as unwavering. He reviewed the policies’ impact, pledged perseverance, and delivered remarks at the Hermitage before traveling to Chattanooga.
MENTIONED IN THIS ARTICLE
Patterson
Roosevelt
Hermitage
Andrew Jackson
President Jackson
Chattanooga
Taft to Miss Berlin Stop Delayed to December 5
Taft planned two day Berlin stay arriving November 29 but the German foreign office says Emperor William cannot receive him until December 5 after a tour of England and Holland. Ambassador Tower will host a reception for Taft for American residents and a dinner for Chancellor Von Buelow and cabinet ministers.
MENTIONED IN THIS ARTICLE
Berlin
Taft
Emperor William
Forion Office
England
Holland
Mr. Tatt
Foreign Office
Ambassador Tower
Mr. Taft
von Buelow
Ingalls Settles Big Four Strike in Cleveland Yards
Albert Ingalls son of Big Four president and assistant general superintendent of the Lake Shore met 250 switchmen in Cleveland yards. After a fifteen minute talk he ended a five hour strike that halted freight and threatened Lake Shore congestion and Big Four passenger service.
MENTIONED IN THIS ARTICLE
Cleveland
Big Four
Lake Shore
Albert Ingalls
President Ingalls
Big Four Railroad
Also Mentioned on This Page
RUN ON Trust CO
Dayon
Underwood & Unterraced
Ayuntamiento Hall
Manila
Philippine Assembly
Camden
Camden, O
St. Louis, Mo
Brown
Foley
Democrat Sun
Middletown
Semlers
Indianapolis Bank
Geo. T. Blake
France
W. J. Bryan
Sandborn
Nashville
Tenn
Hine
William
Ingalls
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