Chicago Failure: Clearing House Rescues Walsh Banks
Three major Chicago banks controlled by John R. Walsh suspend operations and begin liquidation with Clearing House support to protect depositors. Walsh resigns from two banks as the allied banks pledge assets to cover liabilities totaling about 26 million dollars, while Walsh and backers defend bond valuations around sixteen million.
MENTIONED IN THIS ARTICLE
Mr. Walsh
Southern Indiana Railway
Bedford Quarries Company
Southern Indland Railroad Company
State Auditor
Chicago Clearing House Committee
Walsh
Southern Indiana Railroad Company
Comptroller
Clearing House Committee
Banker Walshs Career
Chicago banker John R. Walsh once built a vast financial and political empire from a newsstand to banks and railroads. Amid mass withdrawals totaling nearly 3 million dollars, depositors lined up for gold payments as women rushed to secure their wealth and concealment.
MENTIONED IN THIS ARTICLE
Chicago
John R. Walsh
Ireland
American News Company
Chicago National Bank
Home Savings Bank
Equitable Trust Company
Chicago Herald
Herald
Chicago Chronicle
Southern Indiana Railroad
Return of Manchuria Heroes Marked by City Parade
The first official celebration in Tokio for soldiers returning from Manchuria was held Sunday. Field Marshal Oyama and General Kuroki attended with their staffs as guests of the guards division. About 10,000 soldiers in field uniforms marched three miles from Hibiya to Uneo park, with twenty four guns. Streetcars were suspended during the parade.
MENTIONED IN THIS ARTICLE
Tokio
Manchuria
Oyama
Kuroki
Guards
Hibiya
Uneo Park
Household ammonia feeds and county livestock show plans
The piece reviews simple houseplant fertilizer using household ammonia with a two week application schedule. It notes Prof. J A McLean visiting Fort Collins for a livestock show January 29 to February 3, calling it a new era for Colorado and the West. It also reports sugar beet payments totaling about 600000 dollars to Fort Collins growers and rising beet tonnage, plus sheep and cattle farming activity across northern Colorado as observed by Warren McCord.
MENTIONED IN THIS ARTICLE
J. A. McLean
State Agricultural College At
Fort Collins
McLean
West
Colorado
Denver
Denver Record
Wideh
Fort Collins Beet Growers’ Association
Giddings
Warren McCord
Chicago & Northwestern Railway
Cado
Longmont
Greeley
Colorado & Southern
Union Pacific
la Salle
Julesburg
Platteville
Ault
McCord
Seed distribution sparks debate over free government seeds
Leadville Herald-Democrat argues free seed distribution by the government disrupts trade though it promotes crop quality prevention of adulteration is urged with laboratories and certification fees paid by dealers and reexamination offered to buyers the piece notes farmers gain while seed dealers resist policy as unconstitutional free trade in seeds faces political pushback.
MENTIONED IN THIS ARTICLE
Europe
Department of Agriculture
Free America
Congress
Leadville
Eighteen Banks Formed Without Opening Doors In Denver
Denver banking scandal reveals Leonard Imboden created numerous banks and trust companies that never opened. Certificates cashed by Imboden, Hull, and Wilfley show up to sixty six thousand dollars in misappropriated funds from the Denver Savings Bank. Witness Charles B. Wilfley testified he flagged inflated loans, forged or misused names, and profits skimmed from bank dealings.
MENTIONED IN THIS ARTICLE
Denver
C. B. Wiltley
Denver Savings Bank
Leonard Imboden
Hfe
Oklahoma
Indian Territory
King Yong Bank Kiters
H. L. Hull
Imboden
American Bankers’ Association
Charles B. Wilfler
L Grand
Wilfley
EB. Hull
Baltic turmoil and planned peasant land grant amid revolts
Reports from St. Petersburg describe a revived Baltic revolt defying the Czar with 500000 armed rebels in the provinces. Orloff to Riga railway destroyed. 60000 troops bound for Riga. a failed attempt to wreck a treasure train valued at 12 million. In Odessa and Kishineff, Jews face massacres as clashes pit Cossacks against revolutionaries and Mitau sees hundreds killed.
MENTIONED IN THIS ARTICLE
St. Petersburg
Baltic
Orloff
Riga
Ts. Petersburg
Cannes
St. Petersburg and
Paul's
Bucharest
Odessa
Pruth
Republicans Back One State for Oklahoma and Indian Territory
Washington Republicans in caucus endorsed admitting Oklahoma and the Indian Territory as a single state and voting 110 to 65 to admit Arizona and New Mexico as one state. Both issues would be included in one bill. The hour and a half conference saw opposition mainly against linking Arizona and New Mexico, with Adams of Wisconsin and Tawney of Minnesota the lone speakers on that side.
MENTIONED IN THIS ARTICLE
Washington
House
Oklahoma
Indian Territory
Arizona
New Mexico
New Mico
Adams
Wisconsin
Tawney
Minnesota
Denver Markets at Union Stock Yards Week Review
Denver markets at the Union Stock Yards saw a generally dull week with lower cattle values and light demand. Best corn fed steers topped at 5.00, a 1700 pound steer at 6.00, cows fair if good but common stock weak, veals light and mostly steady, hog demand decent with tops around 4.25, sheep active and prices firmer by week end with about 14 000 arrivals.
MENTIONED IN THIS ARTICLE
Denver
North Park
Cattle Market Receipts and Price Ranges Decline Mixed
Market quotations show ranges for beef steers, cows and heifers, calves, and stockers with mixed changes compared to last year. Comparative receipts for the month to December 15 fall short or rise at various categories, while price quotes include feed and grain products such as wheat, corn, oats, bran, and hay with regional Colorado values.
MENTIONED IN THIS ARTICLE
Ceeeee
Ceee
Stockers
F. Boo
Pac Poin
Atsualiy
Reclamation Projects Win Approval for Rio Grande and Carlsbad
The secretary approves two new reclamation projects in the southwest. One, Rio Grande, will span New Mexico borders, while Carlsbad remains entirely in New Mexico. By June 30 1905 total construction and engineering costs reached 5 402 169 with a reclamation fund of 25 071 00. Projections for 1906 1908 cite 100 000 receipts, leaving 37 028 571 available through mid 1906 for reclamation. Extensive work includes miles of canals ditches tunnels bridges and large material purchases across ongoing arid land reclamation totaling 1 202 600 acres under study.
MENTIONED IN THIS ARTICLE
Washington
Interte
New Mexico
Rio Grande
Reclamation Service
Torgether
Benlden Manufacty der Way
Canal Debate Delays Panama Appropriation and Salaries
Senate discussions on the four billion Panama appropriation bill revealed disagreements over salaries in Panama and control of the Panama Railroad. Teller Scott and Morgan favored canal at San Blas, while Morgan urged standard canal legislation. A separate bill to issue bonds for the canal was approved without debate.
MENTIONED IN THIS ARTICLE
Senate
Panama
DEL
Washington
Morgan
Panams Railroad
Scott
San Jas
Messrs
Teller
Scott and
Mran
Panama Canal
Senate Passes Panama Bill After Long Debate
The Senate on Saturday passed the Panama Canal emergency bill after a daylong debate that sidelined most other business. Newlands argued for entrusting canal construction to the Geological Survey and Hale's amendment was adopted. The bill requires regular salary estimates excluding laborers. Hale noted Bishop’s duties as a press agent would be discontinued.
MENTIONED IN THIS ARTICLE
Washington
Senate
Newlands
Geological
Bacon
Hale
Congress
Bishop
Awful Armenian Massacre Reported in Trebizonde Dispatch
A Trebizonde dispatch dated December 14 describes Armenian victims at Zabethpol in early December. Tartars attacked on December 2, Armenians resisted and tried to flee, but most fugitives were killed. House to house fighting lasted days and the town was set on fire leaving about 1,000 dead.
MENTIONED IN THIS ARTICLE
Paris
Trebizonde
la Mine
Zabethpol
Severe Penalty Proposed for Land Frauds
Washington report states the secretary of the interior has sent a draft bill to Congress to impose a maximum penalty of 10000 dollars or ten years imprisonment, or both, for fraudulent attempts to obtain title to public lands.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Interior
Congress
Colorado State Commercial Association to Hold Series of Dinners
The Colorado State Commercial Association will host monthly dinners in major cities to unite business leaders and advance state interests. The Albany hotel supper on a January Saturday inaugurates the program, with Lee De Forest and Heber Wells among speakers. Governor McDonald and Mayor Goddard slated to present welcomes.
MENTIONED IN THIS ARTICLE
Denver
Colorado State Commercial Association
Albany
Jardine
Colorado
Lee de Forest
de Forest
Heber Mo Welle
Utah
Mnerlea First
Alps
Jose Fe McDonald
C. T Goddard
Sterting
Western
Colora
Colora Springs
Pueblo
School of Mines Purchases Property and Builds Progress
Golden Colorado trustees report the Heoberger property adjoining the heating plant was bought for 6000 dollars giving the school the full block for plant facilities. The Guggenheim building is in specs and nearing completion as faculty and alumni prepare a special reception for Governor McDonald with President Alderson and board members arranging details.
MENTIONED IN THIS ARTICLE
Denver
Jesse F. McDonald
Colorado
Iig Hin
Mir
Alderson
Jaffa and Lewis
Printers in New York Brace for Eight Hour Strike
The Typothetae announces preparations to handle the major printers strike set to begin January 1 1906. They cite no lockout, state new hires after January 1 will receive union-scale wages, and note support from publishers and manufacturers nationwide.
MENTIONED IN THIS ARTICLE
New York
International Union
Follo
Typographical Union No. 6
United States
Philadelphia
Boston
Chicago
Kansas City
Omaha
Rover the World Over at Temple Show
Rover the Seach Collie English terrier, owned by Luke Russell, exhibited at the joint poultry and dog show in Temple Theatre in Colorado Springs. The 20 year old, deaf and nearly blind dog has a broken back and may not live a month, having traveled from Australia with its owner through many regions and peaks.
MENTIONED IN THIS ARTICLE
Colorado Springs, Coo
Joint
Temple Theater
Rover
Luke Russell
Russell
Australia
New Zealand
Tasmania
Fiji Islands
Hawaiian Islands
Samoan Islands
Canada
Yosemite Valley
Mount Hood
Mount Shasta
Also Mentioned on This Page
Johnny
Russia
Upland
Timothy
South Park
State Commercial Association
School OF Mines
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