Wall Street Crash Hits Webb Meyer Syndicate Stocks
Three Stock Exchange houses failed amid the collapse of the Webb Mayer syndicate, with losses running into millions. Absence of Dr W Seward Webb’s rescue aid and pending civil actions raised tension as arrests neared, while banks tightened loans and the market rallied later on.
MENTIONED IN THIS ARTICLE
Stock Exchange
Webb-Meyers Syndicate
W. Seward Webb
New York Stock Exchange
Dr. Webb
Webb-Meyer Syndicate
Wall Street
John Adriance Bush
Henry Brothers & Co
Webb-Meyer
Offenbach & Moore
Broad Street
Lockwood, Hurd & Co
Broadway
J. W. Davis & Co
Webb & Pratt
Rutland
Arthur L. Meyer
West Seventy-second Street
Financial
Index to Departments and Market Items
The clipping lists department indexes and pages for markets and notices. It notes commodities such as wheat and corn with prices, plus sections on Amusements arrivals hotels insurance legal notes losses by fire and other topics. It references page numbers for real estate weather railroads marine intelligence and society highlights.
MENTIONED IN THIS ARTICLE
Llegal
Marine Intelligence
United Service
Weather Report
Sandy Hook Route Opens for Season with Steamer Schedule
The Sandy Hook Route opens for the season. Steamer Monmouth departs Pier 8 Rector Street at 10 A.M. and 4 30 P.M. for Atlantic Highlands Seabright Monmouth Beach and Long Branch.
MENTIONED IN THIS ARTICLE
Sandy Hook
Monmouth
Rector Street
Atlantic Hids
Seabright
Monmouth Beach
Long Branch
Ady
Syndicate Stocks Recovering After Turbulent Day
Interviews with bankers and brokers after the close indicate the worst of the difficulty may be over. Out of town banks reportedly made many loans on the syndicate stocks and were in close contact with New York correspondents yesterday.
MENTIONED IN THIS ARTICLE
Rutland RR
Dominion Securities
New York
Turbulent Day as Stock Exchange Suspends Firms
The Webb Meyer crash triggers suspensions at Offenbach & Moore Henry Brothers & Co and Lockwood Hurd & Co. Brokers cannot receive deliveries as 10 o'clock passes and prices move under the rule. Deals are unsettled with large losses expected. Bush takes charge of Henry Brothers affairs as investigations begin.
MENTIONED IN THIS ARTICLE
Stock Exchange
Webb-Meyer
Offenbach & Moore
Broad Exchange
Henry Brothers & Co
Lockwood, Hurd & Co
United States Steel
Southern Railway
Union Pacific
Denver and
Rio Grande
Rutland
Petrol Southern
American District Telegraph
St. Paul
Hocking Valley
Chicago
Mexican National
International Paper
Texas Pacific
Erie
Wisconsin Central
Detroit Southern
Long Island
Atchison
Iowa Central
Consolidated Tobacco
Texas and Pacific
Brunswick Dock
Western Union
New York
Ontario and Western
Erie First
Great Western
Missouri Pacific
Reading
TUU Rutland
Southern Pacific
North America
Webb- Meyer
Rutland Railroad
Dominion Securities
Hackensack Meadows
John Adriance Bush
1 Broadway
Ohio River and Lake Erie Railroad Company
Bush
New York Audit Company
New York Times
Webb
Howard H. Henry
Ambrose D. Henry
William E. Gordon
Henry Brothers
Frank L. Henry
W. E. Gordon
Dominion Securities Company
New York Central and Hudson River Railroad praised
The Buffalo Express extols the railroad for its track speed safety comfort scenery and city count noting its service is unmatched on both sides of the Atlantic.
MENTIONED IN THIS ARTICLE
New York Central and
Hudson River Railroad
Buffalo Express
Northern Securities Responds to Knox Conspiracy Charge
The Northern Securities Company and related railways filed a full answer denying the Attorney General Knox petition alleging a Sherman Act violation. The document traces stock purchases, holding company plans, and denials of intended consolidation while detailing Burlington and Union Pacific dealings and the roles of J J Hill and J P Morgan.
MENTIONED IN THIS ARTICLE
Northern Securities Company
John W. Griggs
George B. Young
Northern Pacific Railroad Company
Northern Pacific Railway Company
Great Northern Railway Company
United States Supreme Court
Stu
Knox
Pearsall
Securities Company
Chicago, Burlington and Quincy Railroad Company
Chicago, Burlington and Quincey Railroad Company
Burlington
Union Pacific
Great Northern
Northern Pacific
James J. Hill
J. Pierpont Morgan
Great Northern Company
Morgan
Ample Time for the Theatre from Lackawanna to Buffalo
Travel note advertises late night theater access via Lackawanna lines to Buffalo at 2 AM with sleepers available from 9 PM. The snippet presents transit timing and sleeper service as a public notice.
MENTIONED IN THIS ARTICLE
Lackawanna
Buffalo
Mad Engineer At Throttle Sparks Port Huron to Trint Run
A demented Grand Trunk engineer on No. 5 endangered passengers between Port Huron and Trint before the emergency brake halted the train near the freight sheds. Engineer William Brown of Port Huron, known as reliable, was at the controls. another engineer took over here. No alcohol involvement suspected.
MENTIONED IN THIS ARTICLE
Trint
Mich
Grand Trunk
Port Haron
Chicago
William Brown
Port Huron
Brown
Chicago Lends to New York in Low Rates
Chicago bankers lent to New York today at 6 percent rather than 15 or 20. A local bank has issued 9000 dollars and now totals 17000 dollars in Wall Street loans. Bankers expect the rate flare to last only a few more days and credit the curb on booms for stabilization.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
New York
Wall Street
Water monopoly ended in New Orleans water case
The U S Supreme Court denied the New Orleans Water Works Company writ of error, ending the charter forfeiture two years after the Louisiana Supreme Court. The company had a $3,000,000 franchise and monopoly on water supply. municipal ownership then proceeds with a rapid new system, and residents welcome lower costs after years of high rates.
MENTIONED IN THIS ARTICLE
New York Times
New Orleans
Supreme Court of the United States
Peckham
New Orleans Water Works Company
Louisiana Supreme Court
Water Works Company
Water and Severage Board
New
Know Nothing of a Grain Corner in Chicago May 5
Special from New York Times Chicago reports no foundation for claims that George H Phillips has backing from Eastern capitalists to again corner grain markets His local Rialto Building office says he is on a pleasure trip resting and will continue his commission business as before since the firm’s reorganization after his second failure
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Ill
George H. Phillips
Rialto
Phillips
Bookcase Showroom at Matthews Store on Canal Street
Easy to Buy a Bookcase at Matthews store located at 275 Canal Street. Wide range of sizes designs and prices available.
MENTIONED IN THIS ARTICLE
Matthews
Canal St
Threatened Big Strike May Yet Be Averted
President Mitchell of the United Mine Workers may present concessions from Philadelphia and Reading Railroad head Baer to the Executive Committee in Scranton tomorrow. The committee will vote on the strike affecting about 147,000 miners, after district reports, amid talks with soft coal operators and civic federation arbitration hopes.
MENTIONED IN THIS ARTICLE
Mitchell
United Mine Workers
Baer
Philadelphia and Reading Railroad
Executive Committee
Secranton
John Fahey
T. D. Nichols
Thomas Duffy
Nichols
Duffy
Scranton
Fahey
Committee of Seven
United States
Hanna
Philadelphia
Civic Federation
Senator Hanna
Oscar S. Straus
Archbishop Ireland
Franklin MacVeagh
Ralph M. Easley
Charles A. Moore
J. Kruttschnitt
Marcus M. Marks
William H. Pfahler
Samuel Gompers
John Mitchell
Frank P. Sargent
James Duncan
The
Brotherhood of Locomotive Firemen
United States Immigration Commissioner
Roosevelt
Arbitration
Sargent
Sinasley
Missiory
Times
Anthracite Strike’s Effect Shuts 147000 Miners in Pa
A Wilkes Barre report estimates a general strike in the anthracite region would idle about 147,000 mine workers across all classes. About 357 collieries would halt, with 55 million tons annual output stopped. current floods left a 5 million ton monthly production. Wage cost sits near 3 million monthly, with 194 working days last year yielding about 36.5 million in earnings.
MENTIONED IN THIS ARTICLE
Wilkesbarre
Penn
Colieries
Ccecs
Ewes
C.ccsee
UCEAN
United Gas Improvement Stock Increase Approved in Philadelphia
Stockholders of United Gas Improvement Company voted to raise the capital from 22.5 million to 28.25 million dollars. The issue plan provides one old share for four new shares, issuing 115000 new shares at par 50 dollars.
MENTIONED IN THIS ARTICLE
Philadelphia
United Gas Improvement Company
Train Fare Offer to California and Return Southeast
Travel advertisement offers $50.00 for a round trip from Chicago to California from May 27 to June 8 via Chicago & North Western Union Pacific and Southern Pacific Bus. Claims electric lighted Overland Limited service with offices at Broadway addresses.
MENTIONED IN THIS ARTICLE
California
Chicago
Chicago & North-Western
Union Pacific
Southern Pacific
Overland Limited
Arrests in music fraud scandal shake S Brainard duo
Rudolph Koeppel 21 of 444 East Ninety-first Street was jailed after alleged forged checks and theft of music sheets from Samuel I Speck stores. Koeppel, aided by Charles Werner 18, used Brainard billheads to sell stolen stock at steep discounts. Store head Thomas Stidwell discovered discrepancies and alerted police. Werner confessed sharing proceeds. Speck denounces dealers who bought the stolen goods. Koeppel awaits Grand Jury action.
MENTIONED IN THIS ARTICLE
Rudolph Koeppel
S. Brainard’s Sons’ Company
East Seventeenth Street
Koeppel
East Ninety-first Street
Thomas Stidwell
Chicago
New York
Stidwell
West Twenty-eighth Street
East Sixteenth Street
Mr. Speck
Charlies Werner
West Sixtyeth Street
Werner
Twenty-eighth Street
Brainard Company
Speck
Souy
Union Square
Brainard Billhoads
End of the Spindle Top Gushers in Beaumont Field
The spindle top oil gushers near Houston have subsided after intense activity lasting over a year. Following the Central American earthquake and a major internal disturbance, the wells dimmed and output dropped, despite new wells being drilled. Public stocks slumped as the field’s vitality waned, though oil remains abundant and future gains depend on human action to restart operations.
MENTIONED IN THIS ARTICLE
Houston
Texas
Paxton resigns from Princeton Theological Seminary chair
Dr Theodore William Paxton, senior faculty member and head of Ecclesiastical Homiletical and Pastoral Theology, submitted his resignation at Princeton Theological Seminarys ninetieth commence ment meeting. His reasons are age and poor health. he will be made Professor Emeritus and a successor will be named in the fall. The Rev William P Armstrong and Dr Caspar W Sledge were appointed instructors for the coming year with Col John J McCook and the Rev Dr John Fox present from New York.
MENTIONED IN THIS ARTICLE
Princeton
N. J
Princeton Theological Seminary
Theodore William Paxton
Paxton
William P. Armstrong
Caspar W. Sledge
John J. McCook
John Fox
New York
Big Market for Chicago Proposed by Junction Railway
Chicago could host one of the world’s largest provision produce and fruit markets if the Chicago Junction Railway Company follows through on plans after purchasing 200 acres for $900,000. The riverfront tract near the south branch would be rail and navigation accessible, with factories expected on site and investors including J Ogden Armour J A Soder A J Leonard Richard Fitzgerald among those backing the project. Burnett's Vanilla leaves a good taste in the mouth. Pure and wholesome.
MENTIONED IN THIS ARTICLE
Northern Pacific
Burlington
Great Northern
Northern Pacific Railway Company
Great Northern and Northern Pacific Railway
Chicago
Chicago Junction Railway Company
J. Ogden Armour
J. A. Soder
A. J. Leonard
Richard Fitzgerald
Archbishop Corrigan Dies After Brief Revival
Archbishop Michael A Corrigan of the New York Roman Catholic Province died last night at 11 05 from fatty degeneration of the heart after a pneumonia illness. He had improved since Sunday and spoke cheerfully minutes before his death. Doctors blamed heart degeneration and noted the long illness began after a February fall in the Cathedral precincts. The death followed a day of better condition and deep religious ceremonies at the rectory as priests and family surrounded him.
MENTIONED IN THIS ARTICLE
Michael A. Corrigan
New York
Father Cureley
Mexico
Johoather
Curley
Amy
Father Corrigan
Corrigan
Gate City
Fla
Joseph Corrigan, Jr
Father Curley
Keyes
Lewis
Murphy
Farrante
Dyer
McAleer
Father Lavelle
Father Daily
Dr. Keyes
Jie
Kelly
Also Mentioned on This Page
Stock Exchange Houses
Offenbach & Moore, Henry Bros
Meyer Syndicate
Dr. W
Seward Webb
Financial Markets
Northern Securities
Minnesota
MR. Hill
J. P. Morgan
Northern Pacific Company
Northern Pacific Railway
Financial World
Union Pacific Railway System
J. P. Morgan & Co
Hill
Grand Trunk Road
Mine Workers
United Gas Improvement Stock
Beaumont Field
T. W. Paxton
New York Timees
Junction Railway Company
Burnett
Gorrigay
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