Ostville In Brief On Bank Failures And Scandals
Chicago's bank failure tale spreads to Ostville Iowa with reports that fugitive banker Stensland looted the Milwaukee Avenue State Bank. The grand jury bonds total 68000 for Henry Hering, and 1112000 in questionable paper plus 300000 to 1000000 plundered. Frank Kowalski died at home. creditors seek a receiver for Stensland's cooperative store amid 200000 bonds diverted.
MENTIONED IN THIS ARTICLE
Chicago
Leona Langdon Key
Stensland
Theodore Stensland
Kern
Alexander H. Mat
Hering
Milwaukee Avenue State Bank
Henry W. Hering
Frank J. Kowalski
Stensiland
Jones
Milwaukee Avenue Bank
Sultans recovery and imperial meetings in 1900s Europe
Court physicians report the complete recovery of the sultan while a mad mullish massacre kills 1,000 tribesmen on the Somaliland border. Attuned to royal politics, King Edward meets Emperor William as William J. Bryan plans a trip to President Fallieres and then New York by August 30. Grand Duke Nicholas narrowly escapes assassination during a parade, reforms to avoid becoming dictator. Menelek signs a Franco Italian British railway pact in Abyssinia. Alfonso and Victoria depart for Scotland to host a former St. Louis girl. The pope pushes a hard line on the separation law, risking a religious war in France.
MENTIONED IN THIS ARTICLE
Edward
Wiliam
William J. Bryan
President Fallieres
France
New York
Grand Duke
Nicholas Nichlaievitch
Nicholas
Menelek
Abyssinia
Alfonso
Victoria
Scotland
St. Louis
Vast 19th Century News Sprint from Frayed Ledger
A sweeping miscellany reports a Belleville businessman killed by a train, plans to centralize army command, Milwaukee mayoral welcome, Thaw’s arrest, Grand Army of the Republics fortieth reunion, kite telegraph trials, several deaths including C C Dudley and Mary or Mangle Iowa, a Chicago auto train crash injuring 25, a San Francisco court threat against insurers, a new Chicago city directory count, Browne to be freed from Sing Sing, and numerous other incidents across the nation including rail, labor, and political matters.
MENTIONED IN THIS ARTICLE
Frank Kreuiner
Belleville
Tait
Milwaukee
Grand Aerie of Eagies
Harry K. Thaw
Evelyn Nesbit
Minneapolis
Grand Army of the Republic
Army Signal Corps
C. C. Dudley
Mangquoketa
Iowa
Oakland
Cal
San Francisco
New Chicago
United States
Charles C. Browne
Sine Sing
HW. A. van Auken
Manistique
Mich
Grand Rapids
Oconto
Wrs
Dowie
Judge Landis
Zion
Elizabeth Slaughter
Chicago
Lackawanna Railroad
Joseph Ramsey, Jr
New York
Annapolis Railway
Toledo Ice and Coal
Eau Claire
Michi
Clarence E. Griffith
Denver
Hastings
Neb
Nicholas Longworth
Alice Roosevelt
Shippers of La Crosse Win Freight-Rate Battle
La Crosse Wis Aug 18 Shippers here have won an apparent freight rate battle. The victory will yield a decided commercial gain in northern Iowa southern Minnesota and in Dakota. Announcement says Chicago North Western and Great Western roads reached a match agreement securing the desired tariffs for La Crosse.
MENTIONED IN THIS ARTICLE
la Crosse
Wis
Iowa
Minnesota
Dakota
Football Player Ted Burns Named Mayor of Gorgona
Green Bay Wis August 18 Charles E Ted Burns a noted football and baseball player and promoter was appointed mayor of Gorgona a central city along the canal route He went to Panama as an engineer but returned north due to malaria and will assume office after the rainy season ends noting his long standing ties to sports and promotion in the state.
MENTIONED IN THIS ARTICLE
Green Bay
Wis
Panama
Charles E
Ted’) Burns
Gorgona
Burns
Iowa Heat Claims Life as State Passes 100 Degrees
Des Moines reports one death and widespread prostrations from extreme heat. Clarina records 100 degrees as Ed Cottrell of Dallas County dies at Methodist Hospital. Fort Riley Maneuvers halted due to heat as temperatures hit 100 degrees.
MENTIONED IN THIS ARTICLE
Iowa
Des Moines
Clarina
Cottrell
Dallas County
Methodist
Fort Riley
Kas
Postum Foods Clears Sallow Complexions in Ten Days
A Washington family recounts recovery after switching from tea and coffee to Postum. Over ten days they noticed better digestion, clearer skin, cleaner tongues, and steadier nerves. They cite the product’s package statements and recommend using Postum exclusively.
MENTIONED IN THIS ARTICLE
Washington
Postum Co
Battle Creek
Mich
Wellville
Earthquake Shocks in South America Reported Widespread Damage
Cable reports from Valparaiso Los Andes and Buenos Aires describe a powerful Chile earthquake with two hour duration near Valparaiso. Telegraph lines down and communication disrupted across the region. Casualties and destruction feared with dense confusion over exact totals as officials seek reliable details.
MENTIONED IN THIS ARTICLE
New York
Chile
Valparaiso
Associated Press
Buenos Ayres
Los Andes
Aconcagua
Buenos
San Francisco
London
John Milne
Isle of Wight
Buenosses
Palo del Inca
Land
Pacific
Argentina Routed at Rio Conference over Drago Doctrine
The American conference committee proposed to refer the Drago doctrine to The Hague tribunal for all pecuniary claims and forcible debt collection. Argentina was defeated on all points. The patents committee backed a plan for an American union of patents trademarks and copyrights with registration officers at Havana and Rio de Janeiro.
MENTIONED IN THIS ARTICLE
Rio
Rio de Janeiro
International American Conference Committee
Wague Tribunal
Argentina
Theommittee
American
Wisconsin Grain LawBattle Heads to Higher Courts
Superior, Aug 18 The Wisconsin grain and warehouse commission the Superior board of trade and their attorneys vow to fight for Wisconsin inspection to the last. Judge Luse and Senator George B Hudnall lead the defense for the commission and local grain interests. Judge Sanborn’s U S court decision voided the law and an appeal to the U S court of appeals has been filed.
MENTIONED IN THIS ARTICLE
Superior
Wis
Wisconsin Grain and Warehouse Commission
Superior Board of Trade
Commission
Wisconsin
Luse
George B. Hudnall
Sanborn
United States Court
United States Court of Apeals
Railroads confer to interpret new rate law nationwide
Washington reports Interstate Commissioner Clements noting railroad attorneys, accountants, and traffic managers meet at Atlantic City to align on tariffs and record keeping under the new rate law. He says cooperation is necessary to ensure uniform compliance and open accounting, denying any plan to resist the public standard.
MENTIONED IN THIS ARTICLE
Washington
Clements
Atlantic City
Tragedy as 6 year old fatally burns near Almond Wis
Lucy Footit, six, died after clothing caught fire while playing with matches. She ran to a neighbor’s home a quarter mile away. mother pulled off the clothing but could not save her. In Dallas, a Cannon Ball derailment near Mesquite injured four, including J C Lickar of San Antonio.
MENTIONED IN THIS ARTICLE
Almond, Wis
Lucy
James Footit
Dallas
Texas
Texas & Pacific Railroad
Mesquite
J. C. Lickardie
San Antonio
Bank Offices Borrowed Muck Bank Offices Borrowed Muck
Chelsea Mass Aug 18 Following Bank Examiner report to the comptroller in Washington the failure of the First National Bank of Chelsea closed Thursday night was caused by excessive loans to officers and directors The principal factor is said to be the large indebtedness of president Sylvester B Hinckley unofficial estimates range 300 000 to 500 000 Directors say Hinckley transferred equities in real estate holdings to the bank to cover depositors Hinckley reportedly fatally ill at his Newton home The bank closure is linked to plans plans ill will and collateral dissatisfaction by a director with the paper used as collateral
MENTIONED IN THIS ARTICLE
Salisbury Beach
Mass
Thomas O'Daniels
Omaha
United States
Panama Canal
Royal Coal Mine
Belleville
Ethan
Charles Barielle
Pound
Wis
America
Billings
Mont
Clinton Wray
Union Trust Company
Toronto
Buffalo
Pittsburg
Bonaparte
Varna
Nick Smith
John Parsons
Magnolia
Parsons
Smith
James Allison
Cincinnati House of Refuge
Peter Castello
Michigan
Ontonagon County
M. E. James
Birmingham
Ala
Railway, Light and Power Company
W. H. Rogers
James
Rogers
Chelsea
Rver
Washington
First National Bank of Chelsea
Sylvester B. Hinckley
Hinckley
Newton
Record-breaking rise in Union Pacific and Southern Pacific stocks
Frantic trading on New York exchanges lifted Union Pacific common 17 16 points and Southern Pacific 67 points after dividends announced. Pools reportedly netted about 25 million amid heavy short covering as brokers rushed to buy, with Union Pacific closing near 178 a gain of around 8 points and Southern Pacific around 87 3. The day featured widespread gains across the market with New York Central and Pennsylvania also rallying.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Union Pacific
Southern Pacific
Evening Post
Common
Southern Pacific Common
Union Pacific Common
Northern Pacific
Otther
Import of Mexican Railroad Labor Blocked by Justice Department
Washington Aug 18 The department of justice ruled that laborers on ordinary railroad construction are unskilled and cannot be admitted under contract for Texas rail work. Doroteo Avelames and Sebastian Sotelo were denied entry at El Paso for contract labor, appeals dismissed, aliens to be deported.
MENTIONED IN THIS ARTICLE
Washington
Mexico
United States
Texas
Department of Justice
Department of Commerce and Labor
Doroteo Avelames
el Paso
Board of Special Inquiry
Sebastian Sotelo
Murray
Banking Week Clearings Rise 7.4 Percent Across Cities
New York report shows total bank clearings for the United States last week reached 2 585 128 878 dollars, up 7 4 percent from the same period a year earlier. The figure comes from srad streets and covers principal cities nationwide.
MENTIONED IN THIS ARTICLE
New York
Sradstreets
United States
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