Failures Hit Three Stock Exchange Firms in Webb Meyer Collapse
Wall Street reported that Offenbach & Moore Lockwood Hurd & Co and Henry Bros. failed to meet engagements amid the Webb Meyer syndicate stock collapse. Dr W Seward Webb and Arthur L Meyer discussed the matter while authorities hesitated to serve an arrest order. The market dipped but recovered as lenders backed deals, and the Meyer boom was seen as likely to have long term effects.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
Offenbach & Moore
Lockwood, Hurd & Co
Henry Bros. & Co
Webb-Meyer
W. Seward Webb
Vermont
Arthur L. Meyer
Financial shock as several firms suspend operations
Panic hits Wall Street when Offenbach & Moore Lockwood Hurd & Co and Henry Brothers & Co suspend. Bank lending surges as the market rallies later, with J Edward Simmons predicting a shift toward conservatism. Webb & Pratt announce J W Davis & Co will buy 12 800 Rutland shares at 108, aiding Meyer and Webb interests. The scene includes Henry Bros suspending after an unsuccessful stock delivery tied to a large curb stock purchase.
MENTIONED IN THIS ARTICLE
Offenbach & Moore, Lockwood, Hurd & Co
Henry Brothers & Co
Wall Street
J. Edward Simmons
Fourth National Bank
National City Bank
First National
Western National Banks
Union and Metropolitan Trust Com
Clearing House Association
Sherer
Webb & Pratt
F. Egerton Webb
W. Seward Webb
J. W. Davis & Co
Broadway
Dr. Webb
A. L. Meyer
Meyer
Dr Webb Refuses To Talk In Market Turmoil
Dr W Seward Webb arrived from Shelburne Vermont to Grand Central Station at 7 30 am and stayed at 41 East Forty fourth Street office of Rutland Railroad. He declined interviews with reporters and held meetings about Dominion Securities moves while Arthur L Meyer and others attended. A deputy sheriff and reporters sought statements but Webb offered none, delaying any official remark until possibly tomorrow morning.
MENTIONED IN THIS ARTICLE
W. Seward Webb
Shelburne
Grand Central Station
Rutland Railroad Company
East Forty-fourth St
Dominion Securities
Arthur L. Meyer
Dr. Webb
Henry L. Sprague
Benjamin P. Moore
G. Creighton Webb
Mr. Meyer
Mr. Terry
Terry
Webb
the Tribune
Fifth Ave
J.adriance Bush
Henry Brothers & Co
Real Estate Transfers Involving S Ward Moore Jessie Meyer and Ambrose Henry
Yesterday records show No. 156 West Sixty-fifth Street property 20 by 100.5 with liens transferring from S Ward Moore to Jessie Meyer and then from Jessie Meyer and another to Ambrose D Henry. Also No. 38 West Seventy-second Street 25 by 102.5 transferred from Jessie Meyer and another to Ambrose D Henry, mortgage noted at 50 000. Attempts to reach Mr Henry for comment failed as he was away from his No 14 East Tenth Street residence.
MENTIONED IN THIS ARTICLE
West Sixty-fifth St
S. Ward Moore
Jessie Meyer
Ambrose D. Henry
West Seventy-second-st
Henry
East Tenth St
Man Named Frederick White Arrested Over Stock Theft
A man said to be Frederick White of 221 West Fifteenth street and a clerk for H De Witt and Co stock brokers in the Hoffman House was arrested yesterday. He is accused of stealing 50 shares of General Carriage stock, a security held by the International Power Company.
MENTIONED IN THIS ARTICLE
Frederick White
West Fifteenth St
Co. H. de Witt & Co
Hoffman House
International Power Company
Balfour
House of Commons
British Mercantile Marine
Sir John Colomb
Mercantile Marine
Imperial Council
Bowles
Balfou
House
White Star Company
Philippine
North Carolina
Philippines
Aguinaldo
Luna
Nome
Islands
United States
Philippine Islands
Tennessee
Carmack
Steam Yacht Alvina Sinks Lighter and Hits Warehouse
The steam yacht Alvina owned by Charles Smithers of the New York Yacht Club struck and sank a lighter at Pier No 3 Brooklyn side of the East River at 5 pm. It then rammed a warehouse a few piers south before being towed by two tugs. The Alvina, 212 feet long with two masts, was steaming downriver in strong flood tide when steering gear failure is suspected.
MENTIONED IN THIS ARTICLE
Alvina
Charles Smithers
New York Yacht Club
Pier No. 3
Brooklyn
East River
Brooklyn Bridge
Wilhelmina in Critical Condition Amid Illness Reports
Telegrams from Het Loo report Queen Wilhelmina of the Netherlands in critical condition. Observers note the enteric illness, while expressing hope that careful treatment may sustain her life. The story reflects deep English concern as the Dutch throne faces a pivotal moment.
MENTIONED IN THIS ARTICLE
London
Het Loo
Holland
Wilhelmina
Archbishop Corrigan Dies After Pneumonia Battle
Archbishop Michael Augustine Corrigan died at the archiepiscopal residence at 11:05 PM after pneumonia. Earlier in the day doctors had said he was better. Father Curley left the bedside at 10:40 PM as Corrigan grew weaker and Sister Annie heard him exclaim I am very weak before the household was summoned.
MENTIONED IN THIS ARTICLE
Michael Augustine Corrigan
Sud
Den
Curley
Annie
Illnesses and political tensions weave through early modern headlines
Reports detail Princess Wilhelmina’s fever and possible miscarriage after her February marriage to Prince Henry of Mecklenburg Schwerin, plus Danube and Russia tensions. British shipping policy debates surface as Mr Balfour faces scrutiny. Archibishop’s death follows pneumonia and heart failure amid a long illness.
MENTIONED IN THIS ARTICLE
Wilhelmina
Prince Henry of
Mecklenburg-Schwerin
Lodge Defends American Army in Philippine Debate
In Washington on May 5, Senator Lodge argues against Democratic criticism of U S military conduct in the Philippines. He contrasts alleged Filipino brutality with American soldiers’ restraint and urges fair judging of civil government plans. He defends the Philippine bill’s move toward a civilian administration and outlines mining, coinage, land, and franchise provisions to foster self-government and development while preventing exploitation.
MENTIONED IN THIS ARTICLE
Tribune
Washington
Lodge
Philippine Committee
Senate
Philippines
Mr. Lodge
United States
Philippine Commission
Committee On the
Maryland
McComas
Nebraska
Dietrich
Utah
Rawlins
Philippine Islands
Manila
Great Britain
Hong Kong
Singapore
Straits Settlements
Bombay
Iowa
Allison
Spain
Democratic Party
Macbeth
Dil Ag
Also Mentioned on This Page
Rutland
Henry Brothers
H. J. Weir
Offerbach & Moore
J. Adriance Bush
Bush
Consolidated Exchange
Theodore 8. Meyer & Co
Hackensack Meadows
Theodore L. Meyer
David L. Meyer
TL. A. Prince
David
Arthur IS. Meyer
Sandy Hook
Forth
Advernmouth Reach
THE
British Mercantile Marine and
the New Atlantic Com
the Tribune. Association
the Pope
Tire
Lord Charles Beresford
Times
Russia
Tobolsk
Moscow
Switzerland
Geneva
Daily Chronicle
Dunderland Iron Ore Company
E. L. Keyes
Francis Dela
Father Curley
Dr. Delafield
Dr. Keyes
Utes
Delafield
Arch
Bishop
Keyes
Consulta
Montez San Luis Potosi
Mexico
Louis Mella
New York
Northern Steamship Company
North West
North Land
Advt
Philippine Army
Senator Lodge
Supreme Court
Congress
Public Lands
Commission
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