Knight Donnelly & Co Defalcation Sparks Bankruptcy Panic
In Chicago on June 28 a defalcation of at least 25000 is linked to the collapse of Knight Donnelly & Co, a stock exchange and board of trade firm. The identity of the defaulter is withheld pending book examination. a margin clerk allegedly hid margins for customer accounts in stocks grains and provisions. The firm’s liabilities may reach far beyond 3 million, with assets around 2.5 million mostly in unlisted stocks and notes of hand from friends and associates. Receiver Potter continues inventory as creditors meet amid warnings of substantial losses.
MENTIONED IN THIS ARTICLE
Isr
Cnicage
Stock Exchange and Board of Grade
Knight, Donnelly & Co
Ite
Knight & Donnelly
Potter
J. W. Wooten Convicted in Criminal Court Verdict
The jury found John W. Wooten guilty of grand larceny in the Supreme Court and he was remanded to custody until July 19 for sentencing. The case linked to complex alleged conspiracy in the Weisell estate looting with David Rothschild and Armitage Mathews, involving a £1 check and a bond premium.
MENTIONED IN THIS ARTICLE
John W. Wooten
Stupreme Court
Eres
Jerome
Wooten
Crimine Courts
Armitage Mathews
S. J. Ferguson
David Rothschild
Weisell
Rothschild
Weisel
Mathews
Juste Davy
Strawboard Suit Nears Final Decree Approval
Vice-Chancellor Pitney in Newark will approve today a decree ending the suit brought by William G E Lee as receiver for the Columbia Straw Paper Company against Samuel Untermyer and other strawboard trust promoters. Settlements require Untermyer and others to pay £70 to the receiver, with £2400 to creditors counsel and $90 for expenses and receivership fees. $400 remains held for future action to determine Solomon Marr’s claim.
MENTIONED IN THIS ARTICLE
Pitney
Newark
William G. E. Lee
Columbia Straw Paper Company
Samuel Untermyer
New York
Strawboard Paper Trust
Untermyer
Joby de Wit Warner
Edward M. Colle
Credfee
Neariver
Solomon Marr
Man Killed After Dodging Auto on Country Road
Andrew Lish, a Tarentum laborer, died at Allegheny General Hospital from injuries after being run down by a car on a country road Monday night. Coroner seeks driver, but progress hinges on voluntary contact. Lish opposed autos, dying in a case that sparked debate on motorist accountability.
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THE
Tribune
Pittsburg
Andrew Lish
Tarentum
Allegheny General Hospital
Standard Oil Accused Of Freight Rate Conspiracy
The Gulf Refining Company of Port Arthur Texas sues Standard Oil and major rail carriers including Louisville Nashville and Illinois Central alleging a rail rate conspiracy. TexasTexas Louisiana oils shipped south prohibited freight charges and cross-subsidized northbound to force Gulf Refining out of Chicago and St Louis markets. The petition seeks answers and a court order to end the discriminatory practices.
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Washingtonce
Commerce Commission
Guilt Refining Company
Port Arthur
Tex
Tunnels Central
Louisville
Isville
Nashville
Cinali
New Orleans
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Alaba Great Southern
Negaa
Northeastern
James H. Beal
Joomeest
Gulf Refining Company
Texas
Louisiana
Standard Company
Ohio River
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Louis
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St. Louis
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Standard Oil Company
Cincinnat
Lewinville
Kansas
Ohio
Virginia
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Acai Dtee
Gee Gilfinner
Ged Petroleum
Samson
Farroleum
St.Louis
Petroleum
St. Orleans
Embelied
Eetablcne
Omio Raver Utes
Bnd
Standard Ol
Rumor of New Japanese Bond Issue Circulating
London and New York whispers say a new Japanese loan may be offered totaling 3120,000 with 350,008,000 allocated to the United States. Reports claim 4 percent interest, but confirmation is lacking and a decision hinges on Kogoro Takahachi’s European arrival. Summer has dampened prices of existing Japanese bonds on the New York stock exchange.
MENTIONED IN THIS ARTICLE
London
United States
Europe
Kogoro Takahachi
New-York
Ineaf Stock Exchange
New Bank Directors Appointed After Purchase
R Thomas P Thomas and R Livingston Beeckman were elected directors of the Mechanics and Traders Bank after their recent purchase, with O F Thomas named vice president and Leo Schiesinger to remain president. The Tribune notes ongoing bankruptcy petitions before the U S District Court, listing firms from Desue to Kisbeny and others with varied assets and creditors.
MENTIONED IN THIS ARTICLE
R Thomas
P. Thomas
R. Livingston Beeckman
Mechanics and Traders’ Bank
O. F. Thomas
the Tribune
Leo Schiesinger
May Tunnel East River Key Project
August Belmont representatives said the 42d street tunnel linking Grand Central and the Interborough with Long Island City is key within thirty days. Acting War Secretary Oliver approved NY and LI Railroad plans to build the tunnel and sink a shaft on Man o War Reef near Blackwell's Island to speed construction. The shaft may be kept for two years to support four tunnel gangs. Belmont controls the company. Arthur Turnbull is president.
MENTIONED IN THIS ARTICLE
August Belmont
Grand Central Station
Interborough
Long Island City
Robert 5. Oliver
New York and
Long Island Railroad
Man-o'-War Reef
Blackwell’s Island
Arthur Turnbull
State Land Commission
Dynamite Blast Kills Nine at Emporium Powder Plant
An explosion at the Emporium Powder Company plant three miles west of Emporium, Pennsylvania, kills nine men and injures twelve to fifteen others. About one ton of dynamite detonated, destroying the mixing mill, packing house, and several buildings. The blast was felt for miles and three women were found among the wreckage.
MENTIONED IN THIS ARTICLE
Emporium, Peny
Emporium Powder Company
Mentor Wreck Inquiry: Coroner Blames Speed Over Cause
Coroner Siegelstein of Cuyahoga County says the Twentieth Century Limited wreck at Mentor stemmed from the train's sixty mile an hour pace, not a deliberate act. Lake Shore vice president W C Brown refutes claims of obstructions near a curve and asserts the switch light was visible, pledging full investigation and accountability if a guilty party is found.
MENTIONED IN THIS ARTICLE
Siegelstein
Cuyahoga County
Ohio
Lake Shore Railroad
Twentieth Century Limited
Mentor
New-York Central
Tribune
W. C. Brown
Lake Shore
Rad
Wealthy Philadelphian Marries His Handsome Housekeeper
Philadelphia hears a union of George Baum, a wealthy feather merchant in his sixties, and Elizabeth Johnson, his twenty eight year old housekeeper who came from Ireland. He retires from leather business after his wife’s death and the couple’s wedding ritual unfolds amid Cape May summers and Catholic vows.
MENTIONED IN THIS ARTICLE
Philadelphia
Church of the Gesu
Stiles
Ireland
Baums
Baum
Mra Baum
Large Orders for Steel Rails Rise in Demand
The Iron Trade Review notes continued rising orders for steel rails from steam railroads and electric lines. Major commitments include Vanderbilt 2000 tons, Wabash 5000, Toledo and Chicago Interurban 230, Chicago Milwaukee and Paul 300, Cleveland trolley lines 5000, East trolley lines 10000, plus additional regional demand.
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SBY
Thibuse
Cleveland
Ohio
The
Iron Trade Review
Vanderbilt
Wabash
Toledo
Chicago
Long Island
Milwaukee and Paul
Cleveland District
Wheat and corn futures drift as rains hit Northwest harvest
Chicago markets opened with wheat slipping then rebounding on persistent Northwest rain and rust concerns. July and September futures moved amid weather reports and improved provisions. Corn fell early but recovered on demand. local receipts and shipments remained steady as traders priced near term and deferred contracts.
MENTIONED IN THIS ARTICLE
THE
Tribune
Chicago
Northwest
Iowa
Ohio
Sige
Shorts
Usiy
Mortgage Filed By New York And Ontario Western Railroad
A mortgage for 12,00,000 dollars executed by the New York Ontario Western Railroad Company in favor of the New York Trust Company as trustee was filed yesterday in the Hudson County Register’s Office Jersey City. The mortgage to secure bonds dated June 1 and payable in fifty years with 4 percent interest redeemable at six months notice at 110 covers the entire property of the railway company. Signatures include John B Kerr Richards for the railway company and Millia V King Henry I Ahern for the trust company.
MENTIONED IN THIS ARTICLE
New- York, Ontario Western Railroad Company
New-York Trust Company
Hudson County
J Register
Jersey City
John B Kerr
Richards
Gue Millia V. King
Henry I Ahern
Desirable Rooms and Housing Ad Listings
A collage of lodging notices mixed with classified want ads. Includes furnished rooms with private baths, summer rates, and hotel accommodations in Passaic Newark and New York, plus real estate and employment notices. Listings mention East 430-8T, Upton Office, and several boarding options with prices and amenities.
MENTIONED IN THIS ARTICLE
Zine Weer
Solano
Classified Situations Wanted Ads From Tribune Office
A blotchy old clipping lists occupations seeking steady work including architectural draftsman assistant bookkeeper chauffeur and coachman. It names various applicants with partial details and references, noting color and mobility and requesting private placement.
MENTIONED IN THIS ARTICLE
Steecy
P.O
Nun
eHiloyed
China
Erites Chadige
Fuiers
Tribune
June Sale on Dainty Underwear and Corsets
Advertises a June sale on ladies undergarments including corset covers, drawers, chemises, and skirts. Emphasizes sanitary factory conditions and deeply discounted prices on Cambric, Nainsook, and French embroideries with numerous styles and generous lace trims. Limited quantities urged, with many items repeatedly noting values far below regular prices.
MENTIONED IN THIS ARTICLE
Jace
Economically Priced Leather Suit Cases and Bags Ad
An old catalog blurb advertises Solid Leather Suit Cases and combiners with 24 inch steel frames, quilted satin lining, brase locks, and leather traps. It lists prices around 1.98 to 8.98 with references to leather bags and travel cases offered by the department store.
MENTIONED IN THIS ARTICLE
Teikeh Sbeemly
Nak
Travelling Bags and Leather Accessories Offered for Sale
An advertisement lists travelling bags and leather accessories with various styles and prices. Items include satin fining straps, sheetal hardware, salt cases, penny straps, and leather sult cases. The dealer notes locations on Main Street and Third Floor with product details and pricing.
New Building Supplies Dominate Morning Sales
A busy morning sale listing outlines new building materials and fabrics. Items include white lawn waists, satin striped china silks, blankets, white dress linens, and whiting paper. Shoppers seek fabrics and textiles in varied colors and finishes amid a strong demand for building materials.
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Mina
Senin
Ted Sico
California
Salement-Centre
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