Clearinghouse Explained In Simple Terms For Banks
The article explains the clearing-house as a city bank system where member banks settle debts through a centralized house. It details how two banks would exchange checks, how the clearing-house records amounts owed and owed to, and how funds are paid in and distributed to creditor banks by a set hour.
MENTIONED IN THIS ARTICLE
Indianapolis
American
Indiana National
Clearing-House
City clerk Elliott tricked by mint hoax in Philadelphia
In an 19th century prank, Indianapolis city clerk Elliott and colleagues led by Mayor Bookwalter visit the Philadelphia mint. A fake news dispatch of missing coins sparks fear in Elliott, who realizes the hoax only after reading a Philadelphia paper later that night, causing two days of free fare and meals for the group.
MENTIONED IN THIS ARTICLE
Elliott
Eliott
Harry Adaams
Bookwalter
Indianapolis
Philadelphia
Adams
Sam
A S Billiott
Atlantic City
Mint
Palate Guides Diet Says Salt Essential For Digestion
Dr W R Stewart argues the palate dictates what to eat, salt is vital for stomach digestion, and milk in tea or more milk with coffee can aid digestion. He cautions against excessive fruit intake, noting fruit helps by reducing consumption of greasier foods and that lemons increase digestive effort.
MENTIONED IN THIS ARTICLE
W. R. Stewart
Nature
Stewart
Faded Declaration of Independence on parchment
Nov 25 report from Washington notes the famous Declaration of Independence has faded, with legible lettering scarce. The parchment now appears as a blank sheet in the State Department library, while Jefferson's draft and Franklin Adams insertions remain on display nearby.
MENTIONED IN THIS ARTICLE
Washington
Continental Congress
State Department
John Hancock
Jefferson
Franklin
John’ ‘Adams
Drafting Committee Wrote Words Defying British Crown
The draft committee produced the original words of the United States Constitution. The preserved case with the declaration shows signatures of George Washington and other constitutional convention members as clear as if written moments ago.
MENTIONED IN THIS ARTICLE
United States
George Washington
New Pianos Delivered for White House Residents
Washington reports two new concert grand pianos delivered to the White House marking a departure from the single prior instrument. One piano sits in the blue room and the other in the green parlor, replacing the old upright kept by Mrs. Cleveland in the upper hall.
MENTIONED IN THIS ARTICLE
Washington
White House
New Explosives Maximize and Explosive D Explained
United States experts at Frankford arsenal have developed two high explosives named maximize and explosive D. Captain B W Dunn explains that these detonators convert a small solid into a large gas volume, with the fuse enabling controlled detonation.
MENTIONED IN THIS ARTICLE
United States
Frankford Arsenal
B. W. Dunn
Big Railroad Activity Records Strong Week Totals
The Indianapolis freight car totals for the week ending November 21 show 27,902 cars received and forwarded, with 22,789 loaded and up 728 from the prior week. Eastbound gains come from livestock, meats and produce while westbound volumes focus on coal products and iron steel. Belt road moved 22,404 cars the largest seven day total, heli engines handled 1,749 livestock cars and 1,712 for private switches.
MENTIONED IN THIS ARTICLE
Indianapolis
Pennsylvania
Gluttony and the promise of Golden Medical Discovery
An era old remedy advertisement links gluttony to weak stomachs and indigestion, touting Dr. Pierce's Golden Medical Discovery as a cure. It features a testimonial from Mrs. C. J. Brooks of Poland Maine who credits relief from four years of stomach trouble after using the product, claiming renewed strength and daily chores like washing.
MENTIONED IN THIS ARTICLE
Pierce
C. J. Brooks
Poland
Androscoggin Co
Dr. Pierce
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