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Newspaper
Lorain County Reporter
Location
Elyria, Ohio, United States of America
Date
Jul 29, 1893
Page
3
July 5 report from the Treasury indicates several national banks are resuming operations as Comptroller Eckels notes improved conditions. Kendallville and Dig Rapids banks faced failures but Santa Anita's bank reopened with deposits outpacing withdrawals, signaling renewed public confidence on the Pacific coast amid ongoing consolidation and liquidity tightening across states.
A massive explosion at a powder house on the Little Wabash river near Huntington, Indiana, fells two boys and kills two men. Debris wrecks neighborhoods as bricks, glass, and wood fly across town. bodies found naked from burns, identified by clothing fragments, with extensive property damage including churches, schools, and homes.
Deputies and guards fired on a mob at the Kandae Mine shaft 47 near Mendiv. Several guards were injured as the mob retreated upon realizing authorities would not permit violence. The governor refused to deploy militia or arm the miners, citing safety and restraint.
Wasmatox July 35 Acting Director of the Mint Preston bought seven offers totaling 286000 ounces of silver at 49.6 the lowest price in government purchases. Seven bidders offered between 69.7 and 70.5 but were declined by the mint director two bidders accepted and released 40000 ounces at the same price with unneeded quantity left untaken
July 26 Milwaukee Milwaukee Fire and Marine Insurance Companys Bank, known as Mitchells bank, closes after long service since 1849. President John L Mitchell and officials face massive deposits and liability, with city and state funds secured by bonds. Receiver Washington Hecker appointed, bond set at 1 million. Depositors rush as panic spreads to Merchants National and other banks. overall effect on business uncertain.
A chaotic briefing from July 26 reports France and Siam tensions with a potential blockade and cabinet risks, while a Pittsburgh to Baltimore rail wreck near Monroe Falls injures thirty-nine, with three deaths. The article notes political maneuvering, naval movements, and international responses, alongside local crash investigations and missing details.
A fatal accident occurred in the second race at Brighton Beach New York on Monday. Jockey Tommy Flynn riding Sub Rosa fell when three horses went down. He was carried from the course unconscious and later died from his injuries despite revival efforts.
Masses of chrysanthemums and birds wings trim new millinery pieces. Narrow-brimmed sailor-style hats show trimmed wreaths of roses chrysanthemums and other blossoms.
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