Walsh Banks Fail in Chicago as Depositors Protected
John R. Walsh's three Chicago banks the Chicago National Home Savings and Equitable Trust were closed after insolvency announced by the Associated Banks of Chicago. Depositors owed millions are guaranteed by the Chicago Bankers Association, with police aiding order and deposits to be paid in full as directors and Walsh resign.
MENTIONED IN THIS ARTICLE
Scripps News Association
Chicago
Daog
John R. Walsh
Associated Banks of
Chicago National
Home Savings
Equitable Trust
Chicago Bankers’ Association
Ridgely
President Forgan
First National Bank of Chicago
Are National
Home Savings Bank
Walsh
Clearing House
Col
J. C. Cooper
Chicago Horse Exchange
Bank in trouble as run continues on Chicago National
National Bank Examiner Charles H. Bosworth reports the Chicago National Bank is not failed but embarrassed by investments with large assets and unavailable securities. Depositors still receive funds as they call, while many in line seek information about the bank’s condition and are denied details.
MENTIONED IN THIS ARTICLE
National Bank
Charles H. Bosworth
Walsh
Chicago National
Copper Takes A Bad_FA as Walsh Failures Ripple Market
New York bankers foresee no immediate trouble from the Walsh failures but stocks show weakness at the open. Amalgamated Copper falls sharply, trading down to 97 cents after ten thousand shares dumped by Lawson, pulling the market lower before a partial recovery.
MENTIONED IN THIS ARTICLE
Scrippe News Association
New York
Walsh
Amalgamated Copper
Lawson
Prict
Meeting Call for State Bankers Association in Santa Barbara
The executive council of the State Banker's Association issued a call for the next meeting to be held May 18 and 19 in Santa Barbara. The notice mentions San Jose, California.
MENTIONED IN THIS ARTICLE
Scripps News Association
San Jose
Calif
The
State Banker's Association
Mayag
Santa’ Barbara
Chinese Minister Denies Territory Seizure Rumor
A Dec 18 report quotes the Chinese minister to the Associated Press denying any plan to seize Chinese territory. He states the allegation has no foundation.
MENTIONED IN THIS ARTICLE
Athe
Pha
Riots in Shanghai Put Foreigners Under Martial Law
A U S diplomatic cable reports Shanghai under martial law after riots. Several foreigners killed or wounded, two Chinese beaten, multiple buildings burned. No American deaths reported so far as Washington monitors the situation.
MENTIONED IN THIS ARTICLE
Washington Dre
Dt “Shahghai
Recont
Washington, D.C
Wallowa Bridge Damaged In Flooding
Water washed away about thirty feet of the new Wallowa bridge leaving it in bad condition. Thawing rivers could raise the level and threaten the remaining structure. A replacement bridge would be costly and delayed, causing major local disruption this season.
MENTIONED IN THIS ARTICLE
G&pecial Air Mail
Wallowa
Mrs Corey Heads East as Protest Arranged in Pittsburgh
Mrs. W. E. Corey wife of the steal trust president departed last night on the East Santa Fe Limited likely bound for Pittsburgh. It is understood Pittsburgh social leaders arranged honors for her as protest of her husband’s actions.
MENTIONED IN THIS ARTICLE
Scripps News Association
Los Angles
Cal
W. E. Corey
Steal Trust
East Santa Fe Limited
Pittsburg
Editor Went to Jail in Defaming Mayor Berham
The state supreme court affirmed an eight month prison sentence for Dominick Omally editor and proprietor of the Daily Item. He was convicted of criminal libel for publishing material insulting Mayor Berham in New Orleans.
MENTIONED IN THIS ARTICLE
Scripps New Association
New Orleans
State Supreme Court Today
Dominick Omally
The
Daily Item
Mayor Berham
Japanese Celebrates Return of Manchurian Soldiers in Tokio
Tokio hosts the first official city celebration for soldiers returning from Manchuria. Field Marshal Oyama and General Kuroki attended with staffs as 10 000 troops and 24 guns marched three miles from Hibiya to Uyeno park amid rain. Mayor spoke on Manchurian army victories. crowds applauded. Expenses funded by voluntary contributions. In Chicago, the state struggles to secure a jury for the Packers case as many jurors are excused or challenged.
MENTIONED IN THIS ARTICLE
Tokio
Manchuria
Oyama
Kuroki
Hibiya
Uyeno Park
Scripps News Association
Chicago
Packers
Brick Trust defendants fined in Chicago court case
In Chicago on December 18 Judge Smith’s court heard the Brick Trust cases. The Illinois American and Chicago brick companies and several individuals were fined two thousand dollars each after not denying guilt in a violation of interstate antitrust laws. Defendants include George C. Pressing Edwin J. Tomlins John Gyang Charles Nank and Patrick McMann an agent of the Brick Workers Union. Caleb Powers’ case is set for trial again.
MENTIONED IN THIS ARTICLE
Scripps News Association
Chicago
Brick Trust
Ninety Million Dollars in Russian Money Missing
St Petersburg reports a treasure train containing about 120 million roubles vanished last night with strong guards. Fears rise it was seized by insurgents as nine tenths of the funds are unaccounted. Casualties from Riga Mitau Dorpat and Wolmar disturbances tallied high with hundreds killed and thousands wounded. A plot to blow up the czar’s winter palace was uncovered and an infernal machine found at Moscow post office.
MENTIONED IN THIS ARTICLE
St. Petersburg
Postoffich
Moscow
Chadsey Sentenced for Misappropriating $900 from Client
New York reports Benjamin F. Chadsey a lawyer alias Paul Hamilton was sentenced to one year in county jail for misappropriating nine hundred dollars from a woman client. Chicago market notes follow with commodity opening and closing figures for grains and oats.
MENTIONED IN THIS ARTICLE
Scripps News Association
New York
Benjamin F. Chadsey
Paul Hamilton
Hayes Bill Extends Chinese Exclusion to Japanese and Koreans
Washington December 18 Representative Hayes introduced in the house a bill extending the Chinese exclusion law to Japanese and Koreans and their descendants. Washington December 18 A bill appropriates 51 million dollars for a delta waterway for Chicago. St Louis was introduced in the house today.
MENTIONED IN THIS ARTICLE
Scripps News Association
Washington
Hayes
Washington D.G
Chicago
St. Louis
Confect Onery Bibles and Christmas Cards in City Store
Readable fragments show a small shop selling confectionery gifts including bibles albums and Christmas cards. The item list hints at a general gift shop inventory with religious and seasonal items. Local clerks assist customers amid holiday display racks.
Also Mentioned on This Page
LA Grande’s Headquariers
National
Santa Barbara
Wallowa Bridge
Washington, D. C
Caleb Powers
8Eripps News Association
Hara
Riga
Mitna
Dorpat
Wolmar
Sven
Mitau
Corm
Newlin Drug Coy
la Grande
Oregon
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