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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Nov 21, 1911

Page

1

Wall Street on dynamite keg controversy

An international banker warns that large stock exchange loans are dangerous. His comments highlight systemic risk in leverage and funding during volatile market periods.

National Bankers Meet Opens In New Orleans

More than three thousand bankers attend the thirty seventh annual American Bankers Association convention in New Orleans. President F O Watts opens the meeting with addresses from Archbishop Blenk and local officials. The report highlights New York leading in membership and notes the proposed National Reserve Association and currency reform aims.

New Orleans American Bankers’ Association The Athaneaum F. O. Watts Archbishop Blenk Archdiocese of Louisiana Martin Behrman R. M. Walmsley Clearinghouse Association New York Pennsylvania Illinois California Ohio Farnsworth National Reserve Association Currency Commission Congress

Modern system to market bills receivable urged to avoid panic

The author argues for a modern approach to finance that lets ranks market their notes receivable without capital loss or panic. Citing the Morocco crisis, France shows how central banks can stabilize trust by issuing notes and absorbing foreign paper, preventing a market-wide collapse.

Morocco France Banque de France Germany

Bankers Urged to Keep Banking Reform Nonpartisan

F C Watts of Nashville speaking at a bankers convention in New Orleans called for keeping currency reform out of politics. He urged bankers and businessmen to lead a nonpartisan effort to gain public trust in the National Reserve Association and to prevent Wall Street from controlling monetary reform. He argued reform benefits the whole country, not special interests, and urged New York’s business leaders to act with democratic restraint.

National Reserve Association Wall Street Paul Warburg New Orleans F. C. Watts Nashville Tenn American Bankers’ Association Bankers’ Convention Watts New York Stock Exchange Denver Gat

Warburg pleads for banking reform and panic insurance

New Orleans reports Paul Warburg telling the American Bankers Convention that U S banks rely too heavily on stock exchange collateral. He urges a European style system using commercial paper and bank accepts as main assets to speed liquidity and reduce losses during runs. He warns that dependence on securities causes waste and possible calamity.

New Orleans Wall Street Paul Warburg New York Warburg Stock Exchange Europe Ag Ours

Fatal Florida forest duel ends couple’s life

An angry husband and father stalked the woods in Florida and killed the couple in a sudden duel. Police report a violent confrontation occurred near a wooded area with tragic fatalities. Identified suspects or victims were not disclosed in the available text.

Florida Tampa Fla C. F. Berry T. W. Green Valaha Lake County Berry T. H. Pantley, Jr

Massacre Report Confirms Killings at San Fu

Dispatches confirm a massacre with foreigners and missionaries killed by Chinese forces at San Fu. Local authorities urged calm as investigations continue.

San FU

Massacre of foreigners reported at San Fu in China

Pekin dispatch confirms massacre claims as forty foreigners and several missionaries face killings in San Fu and Sheng Si towns. Reports cite Mrs Beckmord and Miss Beckingsdale among dead, with others missing or injured. Rebels and local officials stir instability while legations urge escape.

Pekin San Fu Sheng Si San Fuor Messrs Sandberg Ericksen Fom Tien Tsin Beckmord I. Z. Beckingsdale Miss Beckingdale Phillip Manners Messrs. Sandberg and Shen Si China No Nan Nan Chi Li Legations Bengtsson Jensen Society of Brethren Young Men’s Christian Association

Three Burned To Death In Middlesboro Fire

Middlesboro Ky reports three persons burned to death when a central business block burned today in a devastating blaze. The deceased include Thomas Ducan Elbert Campbell and an unidentified woman as investigators probe the cause and scope of the destruction.

Middlesboro Thomas Ducan Elbert Campbell

Illinois Governor Deneen May Skip Re election Bid

Rumors in Illinois suggest Governor Frank O. Deneen will not seek a second term as governor and may pursue a seat in the United States Senate instead, stirring political chatter.

Ilinois Deneen United States Senate

Arkansas planters study boll weevil fight in Monroe

A party of twenty three large landholders from Pulaski and Lonoke counties Arkansas, with U S Department of Agriculture agent C W Watson, toured Monroe and nearby plantations to learn how to raise cotton amid boll weevil pressure. They were welcomed by Louisiana state agent Mason Snowden and examined local methods and equipment as part of their effort to combat the pest. The group included Mark Valentine, A N Alexander, Walter Sherrill, D T Alexander, Pink Dortch, A L Alexander, W E Caple, Conaway Scott, A W Hicks, B R Costin, Walter Alexander, Dr W H Estes, T W Steel, Earl W Frazier, L Calhoun, Heber McLaughlin, Harold Young, J E Little, J W Boyd, R C Borden, J A Billings, and M L Walt.

Pulaski Lonoke Arkansas Monroe C. W. Watson United States Department of Agriculture Arkansas Valley Little Rock Texas Iron Mountain Mason Snowden Louisiana Mark Valentine A. N. Alexander Walter Sherrill D. T. Alexander Pink Dortch A. L. Alexander W. E. Caple Conaway Scott A. W. Hicks B. R. Costin Walter Alexander Dr. W. H. Estes T. W. Steel Earl W. Frazier L. Calhoun Heber McLaughlin Harold Young J. E. Little J. W. Boyd R. C. Borden J. A. Billings M. L. Walt

Bank promoter Cummins guilty of $140000 theft

William J. Cummins former Tennessee promoter and Carnegie Trust head was found guilty yesterday of stealing 140000 from the Nineteenth Ward Bank. He was remanded to the Tombs as sentence awaits and expressed defiance while claiming innocence and vowing to continue the fight.

New York William J. Cummins Tennessee Carnegie Trust Co Nineteenth Wand Bard Bank Cumming Davis

Rice Bank Organizer Jailed in Mississippi Case

W J Rice known banker was arrested in Murray near Memphis after a long pursuit. He faced charges of embezzlement and falsifying accounts tied to the Central Bank of Mississippi, with liabilities around $60,000 and assets a building lot. His daughter was involved, and Kentucky officials consulted on the chartering of a bank near Murray.

Jackson Miss W. J Rice Hinds County E. E. Hindman Central Bank of Mississippi Kentuck Rice Central Bank Kentucky Murray Mississippi Lyon Mr. Hindman

Bible sale nets 29000 in London auction pace

The Huth library sale at Sotheby’s drew a sensation with a Mazarin bible selling for 29000 pounds. Auction house records were challenged as collectors bid fiercely for the rare volume.

London Sothebyes

Methodists Hold National Brotherhood Meeting in Omaha

The annual meeting of the board of managers of the Methodist Brotherhood opened in Omaha at the First Methodist Church. Prominent speakers include Dr. H. F. Ball of Denver Dr. F. N. Thompson of New York and Dr. W. A. Wilson of Ithaca New York as the two day gathering unfolds.

Methodist Brotherhood Omaha Neb Methodist Brotherhood of the United States First Methodist Church H. F. Ball Denver F. N. Thompson New York W. A. Wilson Ithaca N. Y

Government Issues Fifth Cotton Ginning Report

Government released the fifth cotton ginning report this morning noting totals of two hundred sixty nine thousand nine hundred eighty six bases ginned.

Record cotton ginning totals to Nov 13 1911 rise nationwide

The Census Bureau reports 11,269,986 running bales ginned in 1911 up to Nov 13, versus 8,780,433 last year. State tallies show Georgia leading with 2,108,979 bales, Texas 3,478,802, and Florida Sea Island 71,199, with detailed percentages of crop ginned by state and year.

Washington Census Bureau United States Sea Island Florida Alabama Arkansas Georgia Louisiana Mississippi North Carolina Oklahoma South Carolina Tennessee Texas

Also Mentioned on This Page

Wall Streeton Weather Report Flo. Watts Southern Bank Chicago United States Supreme Court Kohlsaat Edward Hines Edward Tilden Packer William Lorimer Senatorial Investigating Commission New York Bank Bible Ouachita Parish High School Forsythe Park
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