18 Jan 1922
Page 1
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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jan 18, 1922
Page
1
A historical ledger fragment lists assets including Loans and Discounts, Overdrafts, Stacks and Securities, Checks and Cash, and balances from Reserve Agents. It records lawful money in bank, currency, coins, and totals such as 1,157,768 with various smaller line items and amounts.
Paris reports the Reparations Commission has decided to provide for such payments every ten days while a decision on the overall reparations issue is awaited. In Buffalo, NY, railroad talks between New York Central executives and labor representatives ended without hope of settlement, risking an appeal to the Railroad Labor Board.
An advertisement argues that a child’s health hinges on blood quality, contrasting a robust child with a pale one. It promotes Guide's Pepto Mangan as a blood-building remedy available at druggists in liquid or tablet form, urging parents to choose genuine products for healthier growth.
Washington Jan 15 Retention by the War Department of nine main mining centers one in each corps area plus several special camps was recommended today by General Pershing Chief of Staff before the House Military Committee. He named Camps Devens Dix Dix is repeated? Fort Riley Travis Lewis and others as core mobilization and training sites. Detachments National Guard reserves and special detachments would use these hubs along with Camp Upton Lee Sherman Grant Hite and Dodge as supplementary locations for mobilization and training.
Washington June 18 Republican Senators in their first conference of this session of Congress discussed pressing Allied debt refunding first and a soldiers' bonus bill second. A second conference was convened for tomorrow to work out details of the two measures.
Trading activity in the stock market showed neglect for wide rails and related equipment as investors weighed prices. Steel shares rose briefly to a two point gain, while call money opened at 2 12 percent amid broader impairment concerns.
Seven men overpowered a watchman at the Lanahan cellar near Tinoning Baltimore County and looted rare brandies cordials and wines worth thousands. They smashed the steel door cut telegraph wires and disabled the estate car to flee in two large trucks and a car.
The delegation today announced a new fare plan during the Washington conference. The aim is to generalize rules to prevent discrimination against nationals of orderly countries and relate to Chinese railway development.
Moscow January 18 The Associated Press reports either Lenine or Foreign Minister Chitcherin will lead the Russian delegation to the Genoa conference, official announcement stated today.
Maladelphia January 18 Fran cis F Walsh appointed temporary receiver for Simon Scharffer Co Ene stock and bond brokers to safeguard assets and end financial complications. Receiver named after warrants for two members of the firm charging embezzlement and fraudulent conversion. RAID IN BELFAST Police raid Charlestown Mayo with 50 armed men seizing arms. one sergeant wounded.
Three principal tobacco manufacturers American Tobacco Company Lorillard Company and Liggett and Myers Tobacco Company were charged by the Federal Trade Commission with conspiracies to keep jobbers prices high. R J Reynolds not involved and praised for opposing the scheme. FTC promised prosecutions if law was violated. Train derailment in Cumberland Maryland killed engineer W Clark and injured fireman Ryan. Big fire in London Ontario damaged Cowan hardware and other buildings with total loss estimated at 400000 dollars.
In Hagerstown Maryland on January 18 a local business panic surrounds the E. D. O?er Company which suspended operations after an involuntary bankruptcy filing in New York. About 106 local investors reportedly contributed around 150000 to the company, with claims totaling 16778 by three petitioners and an asserted asset potential far exceeding liabilities.
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