Clearing House Probe Highlights Power of Five Banks
Testimony at a Banking and Currency Committee hearing in Washington portrayed the New York Clearing House as wielding vast influence over who can clear checks in the state. Will iam Sherer testified that membership is essential for banks to operate there, with discretionary power held by five presidents to admit or expel. The hearing, led by Samuel Untermyer, pressed for legal limits on that power and noted the out of town check tax as a major financial burden. The committee outlined plans to delay the main inquiry until after elections and to seek new authority to compel information.
MENTIONED IN THIS ARTICLE
Custom
Banking and Currency Committee
House of Representatives
Money Trust
Samuel Untermyer
William Sherer
New York Clearing House Association
Sherer
New York
Clearing House
Ile
Clearing House Association
Untermyer
Mr. Untermyer
Mr. Sherer
Pujo
Arsene Fry
Louisiana
Clas
Jon Mr. Gallon
The
Stock Exchange
Congress
Clearing Horse Committee
Frank A. Vanderlip
National City Bank
James G. Cannon
Fourth National Bank
Walter E. Frew
Corn Exchange Bank
Richard Delafield
National Park Bank
Otto T. Barnard
New York Trust Company
Cannon
Hualo
Boston Clearing House
Theas
Porevast
Washington
Lake Tost
Lawrence Valley
Gulf of Manteo
Gulf Stater
Ghia Valley
Lake Tein
Plains
Atetes
Missteniyt
Rocky Mountain
Plains States
Ohio
Lake Region
Pacific
Horns
Upper
Stiaeaal Ptt
Ailey
Tvpers Lake
Enaland
Middle Atlantic
Wil de Jesse
Alianthe
Eta
Ewan Guleewan
Worthy
Her ’Aken
Tirml
Wriday
Wurobean Corte
Money Inte Ni Sherer
Manger
Clearing House Tax Sparks Testimony On Bank Rates
The hearing centers on bankers fees for out-of-town checks and the Clearing House Association. Witnesses discuss whether higher taxes would harm banks and if the group acts beyond law. Officials note fewer member banks and describe consolidation as survival of the fittest. Andrew Carnegie and J P Morgan & Co tied to funding the league seeking banking reform.
MENTIONED IN THIS ARTICLE
Fii
New York
Sherer
James L. Tanehtin
National Citizens’ League
League
Bankine Coromission
Kne
Morgan firm ties prompt coal price inquiry by merchants
William Fellowes Morgan, named by the Merchants Association to probe the anthracite octopus, began an advance look at coal prices. He disclosed personal links to Brooklyn Bridge and Cold Storage and Harrison Street Coal, noting higher steam-size costs and shifting dynamics between anthracite and bituminous markets, with speculation on a formal investigation's necessity.
MENTIONED IN THIS ARTICLE
William Fellowes Morgan
Tly
Brooklyn Bridge and Cold Storage Company
Harrison Street Coll Stoke Company
New York City
Pocahontas and New River Coal Company
UM Luminous
Morgan
Avaociation
Merchants of
New York
Lucky Girl Survives 75 Foot Fall From Third Floor
Three year old Hila Munsen of 246 Second Avenue Harlem fell from a third floor rear window into a yard, seven five feet below, after grabbing cloth entines her fall was partly cushioned by her clothing. She suffered minor injuries but survived without serious harm. Earlier that week she was nearly hit by a streetcar but survived as she ran into a street sewer, sustaining only light bruises and a facial cut. Mayor's flood fund totals 25 617 dollars with a later update showing 25 817 dollars raised.
MENTIONED IN THIS ARTICLE
Hila Munsen
Second Avenue
Harlem
East Ste
Kris
Marker
Mass meeting urged to back Polk ordinance on moving pictures
A Pune mass meeting convened by the Recreation Alliance of New York City will press the Polk ordinance regulating moving picture exhibitions. Delegates met at No. 1 Madison Avenue and urged public sentiment to back the measure, opposed by the Alderubani Committee on Laws and Legislation. A committee was named to coordinate efforts as the ordinance was recalled for lack of an enactment clause and layover pending further action.
MENTIONED IN THIS ARTICLE
Pune
Polk
Cooper Union
Eomc
Recreation Alliance of
New York City
Noo 1
Madison Avenue
Aldermoani Committee
Orr G. Cocks
Laura Bkinener
City Federation of Women's Clathes
Jo Haremitt
Clttrene
Antonis Shenty Moskovite
Down ‘Town
Behereal Society
Willan F. Howes
Lilian Hells
Hrenklys
Samuel Trigger
Mo. Hien Pltate
Falkordiname
Nietel Ontinanes
Municipal Board of Censorship
Fish Wans Coming Around Buy or Move to Brooklyn
A social economist named Schmid advocates cheaper living by buying fish balls and encouraging relocation to Brooklyn or other towns. She cites Brooklyn market prices showing prime roast beef at 16 cents a pound and strawberries at 23 cents for four quarts, arguing reduced costs via street vendors and cheaper regional markets.
MENTIONED IN THIS ARTICLE
Brooklyn
Pame Schmid
Minokiya
Mins
Heath
Hansentven League
Manhattan
Sunday School Parade Called Off By Rain In Brooklin
The Brooklin Sunday School Union postponed its Anniversary Day parade after rain prevented the event. About 125,000 children had planned to march and gather at their Sunday schools with grand marshal Herbert H. Hrush coordinating assignments for reviewing officers at various churches. Notables attending the post-event reception included Rear Admiral Robert G. Peary and ex-Governor Weeks of Connecticut, along with Major General Daniel Sickles and other city and state officials.
MENTIONED IN THIS ARTICLE
Brooklin
Sil
Herbert H. Hrush
Robert G. Peary
Weeks
Connecticut
William Berri
Hhis
Kincheon
Union League ‘Cus
Daniel F., Sickles
John Murray Mitchel
William M. Calder
St. Clair Mekelway
Timothy
Woodruff
G. V
Williams
William McCarroll
Dike and
Fawcett
Kennedy
Voorhies
Kracke
Blum
BS. Rothehtd
Jacob Brenner
K. J. McParland
Norton
King
City Franchises For South Shore Traction Questioned
Totter and Jay Behleffelin urged revocation of the South Shore Traction Company franchise. May Gaynor reported a revocation recommendation. Mayor said delays possible, board upholds careful review while considering a new tunnel plan.
MENTIONED IN THIS ARTICLE
Wilinem
Jay Behleffelin
Citizens Taton
South Shore Traction Company
Gaynor
Boarh of Estimate
Horoukh
Connolly
Queens
Joseph G. Tobin
Whitehall-Montague Street
Barnett
Marconi Plans Twin Wireless Stations Coast to London
The Marconi Wireless Telegraph Company of America announced plans to build two coast to London wireless stations within a year. The first near Belmar New Jersey will rise on a ma acres site bought yesterday and the second at Tom River or Harnegat to avoid interference. The system will span about 1100 miles at an estimated cost of 70000 dollars, linking with San Francisco and Honolulu and a Philippine plant to relay messages to extend from London to the Philippines via land wires.
MENTIONED IN THIS ARTICLE
Win Wireless
London
Terrey
Marconi Wireless ‘Telegraph Company of America
Belmar
N. J
Ma Acres
Toma River
Harnegat
San Francisco
Honolulu
Philippine Islands
Oras
Philippines
United States
Jersey
San Jancisco
Honatulis
Hotel Strike Feeler Signals Small Labor Tension
A minor walk out at Hotel Netherland drew no broad strike and was dismissed as a flash in the pan. Edward Blochlinger and union leaders downplayed discord, while the Hotel Association prepared contingencies on overstaffing. Rose Pastor Stokes organized chambermaids, and Charles Sugar denied acting as arbitrator though open to discussion.
MENTIONED IN THIS ARTICLE
Edward Blochlinger
Bonifaces
Hotel Association
Rose Pastor Stokes
Bryant Hall
the Tribune
Charles Sugar
Hanna Dining Rooms
Marine Intelligence Almanac Sunrise Report
Maritime almanac fragment lists bearings and distances of ships, with times and routes across Atlantic and Pacific. It notes wakeful forecasts of tides and positions near Hell Gate and various ports including Philadelphia, Southampton, Havana, and Yokohama with many UTC style times and vessel names.
Shipping News Detailing 1912 Port Arrivals and Quarantine
Port of New York report lists arrivals and quarantines for June 6 1912 with steamers Sant Anna Jefferson Jancestown and Clothside Cuneo among others. Cargoes include fruit, ballast, and passengers while notes cover quarantine times and destinations from New Orleans to Newport News and Baltimore.
MENTIONED IN THIS ARTICLE
Port of
Marta
Santa Marta
The
United
Cere
Old Dowtnlon Se Co
Jancestown
Newport News
Norfolk
Old Dominion Se Co
Highlands
Cuneo
Nor
Baracoa
Luineo
Barat Bam
da Cuneo
Santa Marie
Atlantic Fruit ‘and Steamanip Co
Bar
Wilberforce
Ikl Fune
Gaorge Hellieven
New Orleans
Tha
Mdse
Baltimore
New York and
Steamers in foreign ports bound for New York and Europe
A jumble of ship movements and arrivals lists steamers sailing to and from Liverpool Plymouth Boulogne Yokohama Marseilles New York and other ports. Entries name vessels and routes with scattered dates such as June 6 and June 8, including Germania Kronprinz Wilhelm Prometheus and Celtic among others.
MENTIONED IN THIS ARTICLE
ARRIV
Liverpool
New York
Plymouth
Rotter
York
Boulogne
Rotteniau
Naples
Duca
Aosta Ital
Kobe
Bramley
Itr
Yokohama
Angra
Germania Fvr
Providence
Marseilles
Hiogo
Indramayoei
Sabang
Hong Kong
Ete
Singapore
Ransan
Port
Salt
Kilkerran
Fir
New Tor
Hunler Abbas
Amydiermaouth
Rotterdam
Liston
Tong’ Kone
Shanghai
Oremoutones
Rottentam
Germania
New
Celtic
Aseristown St Michaele
Taxusie
New ‘York
Antilla
Kingston
Colon
Barbardos
Southampton
Queanstown
Wilhelm Ir
Gey
Gantasy
Byrom BO
Ark
Fashion fabrics and men’s wear at Peet Company outlets
A sale listing from Racers Peet Company highlights knitted silk four-ine hands, bias striped crochet, and accordion weaves. It markets English worsted poplin, Harris tweeds, serges with hairline stripes, and men’s summer suits priced from 18 to 48 dollars. Stores located at Three Broadway, Warren Street, 13th Street, and 34th Cs.
Most Talked About Musical Show Wins Wide Praise
A fragmented review notes a Broadway musical show drawing heavy chatter amid a crowded theatre scene. References to The Pink Lady and performance chatter on stage, with unclear specifics but a sense of strong audience reaction.
MENTIONED IN THIS ARTICLE
Ow & Wed
Also Mentioned on This Page
Pud
the Weather Report
New England
Virginia
Venneylvania
Delaware
Maryland
New Jeres
Tenneslvania
Ommel
United States Weather
P.m
Albany
Loral Official
Weather
eGope Samoa
Wate
Saturn
Agric
Bureal
RTA
Oni
Theew York Clearing House
Dov
Byrnes
South Caroli
Heald
Brown
West Virginia
Neely
Kansas
Hayes
Cality
Misse
W. F. Morgan
Rae To
Recreation Alliance
Schieffelin
Marconi Company
Union
Marine Intelligence
Srcess
Saces
Hell Gate
Ted
Toon Sesitiay
Mai
Clare
Niner
Enwtn
Trhaidad
Arapaho
Dackwoniellie
Clyde
Akeo Me Watuhzas
Tampten
Ward
Philadelphe
Shanta
Goo
Bayamm Meanie Southampten
Situathan Dua
Rived Akon
Tan
Hisana
Hasan
Baba
Keechon
Hoatloo
Kotak
Tétadsy Ebec
Panalita Etsrolaie
Atlanta
Transpacific
NYPM
Japan
Cated
Ciana
Seattle
Hellerophon Stonday
Samoa
New Zealand
Australia
van Ouver
Makura
Hii
Wiieauen
Eupresa
Hawa
Cord
China
Ahn Prineinn
Blvo Mats
Hawaii
US Transport
Hamnam Havre
Itane Cristobal
Joe Boanna
Ayn Rhebal
Panama
Kaiser Pe
Joet Vata
Awerian Sie Galvest Dune
Mallory
Shipping News
Itook
Nod
Kursk
Hussy
Litwu
Arhealde Er la Allah Teen
Aes Oesabanner
Pur Arthas
Bry
Pawnee
Philadeismas Ratti Fin
Frances No
Raperanan
Havana
Renera
Herwind
Hamburg
Madison
Vasseu Dungeness
Prometheus
Ger
Bandon Hall
Culcutte
Colombo
Boston
Racers Peet Company
Warren St
Amusemen
New Amsterdam
Robin Hood
Liberty
Henry Miller
the Rainbow
Eglo Moulin Rouge
Atinee
MOR W
WIDOW
Gaiety
Lyceum
Paul J. Tae Globe
TieposeMan
Broadway
Tel
Winter Garden
Pirates OF Penzance Powers
I Mae
Bunty
Luna Tavern
B. F. Keith
Gages Cational Alhambra
Daily Mat
Star Bisthe
Trovate
Bea Academy
Patal Cand
Musle
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