Panic Drives Wild Day as Northern Pacific Crashes
News accounts a tumultuous selling spree on the New York Stock Exchange led by Northern Pacific nicknamed the Nipper Stock. After big interests halted deliveries, the market partially rebounded while curb trading plunged. Brokers battled crowds and one firm failed. sentiment warned more failures may follow.
MENTIONED IN THIS ARTICLE
Pacifi
Manhattan
Union Pacific
Missouri Pacific
Atchison
St. Paul
Steel Common
Preferred Steel
Charles Sickels & Co
Wallst
J. P. Morgan & Co
Kuhn, Loeb & Co
Street & Norton
Northern Pacific
Stock Exchange
Standard Oil
The
Morgan-Hill
Harriman
Northern Pacific Stock Surges in Early Trading Howls
Northern Pacific opened with a sprint as investors flooded the market. The stock leaped from 170 to 190, then climbed to 225 before a sudden 20 point dip. Cash sales surged to 300 at 11:05 am, marking a historic rise to 700 and 1000 in quick succession.
MENTIONED IN THIS ARTICLE
Northern Pacific
Norther Pacific
N. P
Who Controls the N. P. Northern Pacific Mystery Lit Up Wall Street
On May 9 brokers and clerks faced a gray day in New York as talk centered on the Northern Pacific mystery. Rumors swirled that Harriman Gould Rockefeller interests clashed with Morgan Hill Vanderbilt factions over control and a Burlington deal seen as a threat to Union Pacific.
MENTIONED IN THIS ARTICLE
New York
Wall St
Harriman- Gould-Rockefeller
Morgan-Hill-Vanderbilt
Harriman
Union Pacific
Northern Pacific
London Prices Lift US Rail Shares Rally St. Paul Leads
London prices touched early at 9 o clock and optimism rose as the market for American railway shares rallied. St Paul surged about five points from New York close while steel and other American issues gained up to two percent. The stock exchange will close Saturday to help brokers and clerks handle the heavy workload.
MENTIONED IN THIS ARTICLE
Ily
London
St. Paul
New York
Steel Common
Stock Exchange
No Aid From Secretary Gage on Market Movements
Washington May 9 Secretary of the Treasury Gage said the treasury will not aid speculative market moves. He stressed the department does not interfere in purely speculative actions and aims to place money to encourage legitimate enterprise. He added that if money prices reflect legitimate enterprise, the department cannot claim influence.
MENTIONED IN THIS ARTICLE
Washington
Secretary-of-the-treasury
Gage
Treasury Department
Banks Lend 16 Million At Six Per Cent To Ease Situation
Call money rose to 6 percent as J F Morgan and associated banks loaned large sums at the rate to relieve the financial strain. Reports claim 100,000 to 150,000 more shares of Northern Pacific exist than are truly outstanding.
MENTIONED IN THIS ARTICLE
New York
J. F. Morgan & Co
Northern Pacific
Other Famous Squeezes in Wall Street History
New York May 9 brokers recall famed stock corners that shook markets. Mentioned are Northern Pacific and a Morris Canal corner, once alleged conspiracies by brokers to relieve shorts, plus the Harlem squeeze tied to Commodore Vanderbilt’s rail consolidations.
MENTIONED IN THIS ARTICLE
New York
Northern Pacific
Wall St
Board of Brokers
Shorts
Morris Canal
Harlem
Commodore Vanderbilt
Hudson River
The Sun's New Building Nears Completion
The Sun's handsome new building at 123 and 125 E. Ondlost nears completion with linotype machines in operation. A test run of the old presses used after the January 29 fire will continue until about June 1 when the Hoe press comes online. The plant is described as a model, with an electric proof press capable of 25 proofs per minute.
MENTIONED IN THIS ARTICLE
SUN
E. Ondlost
United States
Indianapolis
Trust stock manipulation descends into recent schemes
A fragment indicates a trust stock manipulation occurring years ago as part of a broader pattern of similar actions. The note references earlier instances and places emphasis on the ongoing concerns about deceptive practices in financial dealings.
Slump hits London rail shares wipe out small traders
In London on May 9 at 3 45 p m the stock market for American railway shares collapsed to nothing as small traders were wiped out.
MENTIONED IN THIS ARTICLE
London
Notable Wheeling Express Operator Stricken Then Dies
In Wheeling on Wednesday Captain J F Merriman a veteran of the Adams Express line and a prominent figure in local transport collapsed with paralysis during stock market turmoil and died an hour later. He had long directed the Adams Express business and recently focused on other ventures.
MENTIONED IN THIS ARTICLE
Wheeling
W. Va
J. F. Merriman
Three More Suspending On Consolis Exchange
New York May 9 three other suspensions were announced on the Consolis dated exchange Thursday afternoon involving S S F Field 66 Broadway W H Bronner 6 Broadway and J T Lee 52 Broadway. Lee was married two weeks ago and is on his honeymoon.
MENTIONED IN THIS ARTICLE
Lee
Birthmark Key in Smallpox Case at School No 47
Mr. and Mrs. Good of Indianapolis claim their son showed only a red birthmark and mild fever during a ten day quarantine for suspected smallpox. They allege doctors gave no medicine and dispute the diagnosis, noting his rapid recovery and continued good health after confinement. Mr. Good, employed at Kingan & Co., laments the lost wages and perceived city neglect.
MENTIONED IN THIS ARTICLE
Mrs. Good
Mr. Good
Good
Kingan & Co
Robbers Named by Grand Jury in South-Side Hold-Up
Charles Hactor and John Brown were indicted by the grand jury on a South-side saloon robbery case. Hactor testified he was headed to a Rescue Mission and then to Roberts Park Church before meeting Brown and deciding to go for a “piece of money.” Brown denies the confession as presented.
MENTIONED IN THIS ARTICLE
Charles Hactor
John Brown
Grand Jury
John Jacobi
Hactor
Rescue Mission
Roberts Park Church
Brown
Threats Used On Meridian Street Block Pavers
Property owners north of Fall Creek resist asphalt plans for Meridian street block paving. They allege intimidation to withdraw opposition and claim Mc Gowan’s influence is involved, with a court presentation promised. Council committee chair Munro said no hearing time yet set.
MENTIONED IN THIS ARTICLE
Meridian St
Fall Creek
McGowan
Munro
Council
Cap. English Out Forty Dollars In Fraud Case
Capt. W. English was deceived by traveling salesman L. Thompson who used the alias Harry Jones to borrow money on false pretenses in Lafayette. Thompson promised two dollars for a dying father and later claimed another telegram death, then vanished. Banks and a local banker were listed as victims. English also aided a destitute woman with a nine fifty ticket to New York, funded by township trustees.
MENTIONED IN THIS ARTICLE
Cc. L. Thompson
Lafayette
Harry Jones
C. F. Smith
Goldsmith Hotel
Pordner
Ligonier
First National Banks
Fort Wayne
Hartford City
Avilla
W. E. English
Thompson
Jackson County
Capt. English
New York
English
Samuel Shaw's Death At 60 In Mill Village
Samuel Shaw aged 60 of 310 Minerva Street died Wednesday night after a rheumatic fever illness. He was the oldest dyer at the cotton mills and leaves a widow who had traveled to Boston to visit a ill mother. Shaw, a New England native, was known for gathering elderberries to make wine for sickness relief and for his devoted, honeymoonlike marriage described by friends.
MENTIONED IN THIS ARTICLE
Samuel Shaw
Minerva St
Bride and G300M Arrive in Irvington Home
Sylvester Johnson of Irvington and his new bride formerly Eunice Brown Harris of Minneapolis arrived Thursday from Minneapolis where the wedding was held Tuesday. At 79, the groom is described as hale and started for Minneapolis alone with his dress suit case. The couple met in August at the funeral of O B Gilkey, her brother-in-law. she is related to H U Brown of Irvington.
MENTIONED IN THIS ARTICLE
Sylvester Johnson
Irvington
Eunice Brown Harris
Minneapolis
Johnson
O. B. Gilkey
H. U. Brown
German House Exemption Discussion Delays Tax Decision
Controller Johnson says part of the German house and park used for social turnverein facilities may be exempt from taxation as it is for athletic instruction with a regularly employed teacher. The remainder of the property should be taxed. The amount of any exemption was not determined Thursday.
MENTIONED IN THIS ARTICLE
Johnson
A Bondsman's Pickle In Probate Case
John Bowlus named administrator of the estate of Parrot Pondexter amid bond-related legal questions. The fragment indicates a probate proceeding with a bondsman involved in the administration duties. Further details are unavailable in the snippet.
MENTIONED IN THIS ARTICLE
John ,Bowlus
Parrot Pondexter
Heard Him Kiss Her Divorce Case Details
Mrs. Iva Hulsizer told circuit court on Thursday that Dr. Elmer Hulsizer of Clermont Indiana had been cold and indifferent before leaving home and that she suspected insanity. She claimed he was found in California not insane but with another woman. She described following Mrs. Brown during the Indianapolis carnival and saw her husband kiss her after peeking under a blind.
MENTIONED IN THIS ARTICLE
Iva Hulsizer
Elmer Hulsizer
Clermont
Ind
California
Indianapolis
I and V Steam Service Between Indianapolis and Martinsville
The I and V proposes fast steam motor car service linking Indianapolis and Martinsville to boost interest in the proposed Indianapolis and Martinsville line.
MENTIONED IN THIS ARTICLE
Indianapolis
Martinsville
Indianapolis & Martiseville
Pretty Girl and a Black Bottle in Police Court
Om Barro, 21, a petite French descent girl, on trial in police court for loitering. Officers removed her from a house at 230 Bird St. where she sat with several colored people and a bottle of whisky on the table. Judge Daly postponed the case to allow extraction of witnesses and her mother to attend from Louisville. Barro testified of a mobile Indianapolis residence since childhood, denying drinking or association with colored men. Her truthful account and lack of corroborating officer evidence earned sympathy from the courtroom.
MENTIONED IN THIS ARTICLE
Om’ Barro
Shine
Hagerty
Bird St
Miss Barro
Daly
Louisville
Indianapolis
Delawarest
Diamonds found in her wash tub case dismissed
Sarah Beckman, a domestic worker, was discharged in police court after stealing 3150 worth of diamonds from Mrs. K N Shaw. Shaw testified she kept jewels in a pillow slip. the diamonds were recovered at Beckman’s home within an hour. Shaw asked for dismissal, saying she had been punished enough.
MENTIONED IN THIS ARTICLE
Sarah Beckman
Yandes St
New Jersey St
Mrs. Shaw
Sarah
What Will C L U Do In Plumbers Affiliation Fight
The journeymen plumbers union has withdrawn from the Central labor union over a dispute linked to Kirkhoff Bros shop. Central Labor Association President Feltmann voiced friendliness to the plumbers and hopes for affiliation, though he avoided predicting action or judging the dispute with the Masters' association. The journeymen remain in good standing with the AFL, which favors local central affiliation.
MENTIONED IN THIS ARTICLE
Journeymen Plumbers’ Union
Central Labor Union
Kirkhoff Bros
Masters’ Association
Central Labor Body
Feltmann
Journeymen's Union
A. F. of L
Laugh on McGee as court frees lottery agent
Prosecutor Ruckelshaus mocks Thomas McGee for letting Royal Hammer, a lottery agent, go free while McGee sat temporarily on the veo lice bench. The case of George Sweet shows a $25 fine and ten days in the workhouse for alleged wife desertion, later appealed to criminal court and acquitted. Prosecutors say workhouse sentences cannot apply for desertion, as fines range from $30 to $100.
MENTIONED IN THIS ARTICLE
Ruckelshaus
Thomas McGee
Royal Hammer
McGee
Veolice
George Sweet
Sweet
Weather forecast for Indianapolis area May tenth
Forecast for Indianapolis and vicinity for 36 hours ending at 8 am May 10 calls for occasional rains and cloudiness Thursday night and Friday. Temperature at 9 am is not specified. noon temperature expected around 60 degrees and 2 pm similar.
MENTIONED IN THIS ARTICLE
Indianapolis
Bloody Cutting Affray Leaves Man Slashed and Beaten
James Brady was attacked by Taylor and James McLaughlin near S Illinois street after a dance dispute. McLaughlin allegedly drew a razor and cut Brady repeatedly, then kicked him after he collapsed, with witnesses describing a brutal assault and Brady barely reaching a hotel. Taylor McLaughlin was sent to the workhouse. the case drew strong comments from the deputy prosecutor.
MENTIONED IN THIS ARTICLE
James McLaughlin
James Brady
McLaughlin
S. Illinois St
Brady
Taylor McLaughlin
James
Stubbins
Benedict
Rat interrupts Connecticut music teachers meeting at Grand Opera House
A rat ran across the floor of the Grand Opera House in New Haven during a Connecticut music teachers association session. Several score of women leaped to their seats and clutched their skirts as the rodent jumped into a lap and a scream arose. A young man killed the rat and the women returned to their places bravely.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Grand Opera House
City Life Highlights From Local Scene
City attorney Wern travels to West Baden for water and meetings while Gov. Durbin and a party head to La Fayette for a Believul vision event. Local deaths, indictments, law partnerships, paroled felons, and a busy Board of Works agenda fill the day.
Market liver poison sickens ten at a residence
Ten people at J F Barth home at Thirty-third and Central Ave fell ill after eating liver believed to be hog liver from Central market. Health officials investigated as victims ranged from serious to precarious. a baby and several children required care.
Ultimatum to Contractors on Floor-layers Pact
Blue of the Central labor union sent two letters to hardwood floor contractors who had not signed the floor-layers agreement and demanded a definite yes or no by 6 pm on Thursday May. The union warned of possible action if firms refuse. Albert Gall and Hamilton & Co promised to sign when the charter arrived but delayed. Interior hardwood holds the key and is asked to state its attitude.
MENTIONED IN THIS ARTICLE
Wern
West Baden
Durbin
Lafayette
Martin Seerly
Maywood
Alarion County
Martha Carter
Theodore King
Board of Works
Indianapolis Southern
James M. Ogden
Orison H. Hayes
Stevenson Building
M. G. Hornaday
Lucy Horseshoes
SUN Liners
Chas, Baumann
Jos W. Walnurst
Zimmer
Bellefontaine Sr
Taggart
Julia IV. Goodheart
Evans Woollen
National Conference of Charities and Corrections
Washington
Tentr-st. Water Company
Jacob Marks
Hiram E. Rose
Wm. BD. Owen
Mexican Coffee and Rubber Company
Rose
Emma Lawlers
Indianapolis
Crown Hill
Woman’'s Foreign Missionary Society of the
Indianapolis District
Indiana
Howard-place
M. E. Church
Whiteland
Blue
Central Labor Union
Ggy
Albert Gall
Hamilton & Co
Taylor Company
Interior Hardwood Company
Mr. Blue
Gall
Murray's Infallible System Recipe Sparks Family Feud
The McMurrays fight over Murray's infallible system a.k.a. M I S T after Dr Athon of Indianapolis, a former friend, bequeathed the recipe. The trunked formula circulated in small batches. McMurray, aided by theater friends, began marketing it from a Kentucky avenue shop in 1881 with late night circulars.
MENTIONED IN THIS ARTICLE
McMurray
Kentucky-ave
Washington St
Big Lottery Frauds Reach From Honduras to Indianapolis
A fraud scheme involving lottery payouts misled the public, claiming 30 percent of receipts while only about 10 percent was paid. Operated by men in the lottery’s employ posing as Honduran officials, the gang was arrested and shut down after an estimated 1,000,000 dollars were involved. A Buffalo broker returned home citing bleak prospects amid New York bill impacts and brokers seeking locations.
MENTIONED IN THIS ARTICLE
Indianapolis
Honduras
Buffalo
New York
Odell
Also Mentioned on This Page
Northern
Pacific
New York Stock
Trakers
L. A. Kinsey & Co
John
J. Appel
Kinsey
Ing
Rock Island
Winsey
Harrison
Horna
Secretary Gage
Vanderbilt
Lem
the Sun
S&s
F. Field
Broadway
W. H. Bronner
J. T. Lee
Ures
Alonzo Good
Harding St
Roberta Park
C. L. Thompson
Wife
Controller Johnson
Bondsman
Wm. Toln
Mrs
Mgee
Taylor
Made School
Ma’ams
Harry
City Life
Eleanor Kirby
Second Presbyterian Church
Plymouth Congregational Church
Chicago
J. A. Milburn
Rm A
Earth Family
SERI
Ously Ill
DF. Hodges
J. F. Barth
Mr. Biee
M Murray
Dr. Athon, & Wells
Duras
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