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Newspaper
Semi Weekly Reporter
Location
Waterloo, Iowa, United States of America
Date
Oct 29, 1907
Page
3
Financial centers move to issue clearing house certificates as banks brace for cash shortages amid withdrawals. Banks report lineups of depositors and planned certificates to keep currency within circulation. Oklahoma and Missouri banks close or suspend operations while futures and gold imports rise in response.
Chicago reports widespread banking strain with clearing house banks issuing checks instead of cash Depositors withdraw full balances but must accept bank checks before 60 day notices The Trust and Savings Bank sees 490 people at withdrawal windows while other banks queue for access to funds Depositors with check accounts remain calm as operations continue in a tense financial climate
Stocks opened with sharp gains led by Amalgamated Copper Union Pacific and Louisville and Nashville while several rails and utilities rose. Some issues eased after early strength as trading remained light and the market fluctuated near the opening levels. An automobile trip by Mr. and Mrs. C. M. Allen and others to Hazelton and nearby towns is noted in social items.
Old deed cloud over an eighty acre tract near Mona Junction is cleared after H P Leland’s 36 years of possession and a hidden 1855 transfer refiled by Zimri Streeter and Edward Streeter. The correction confirms Leland’s fee title and notes property value rise from $160 in 1858 to about $12,800 today.
Madrid reports Bulgera a Manila arrival claims over four thousand Spaniards held in Bulacan Island San Juan del Monte by Tagalog forces. He says prisoners are forced to drag plows, whipped, and fed only green corn. He recounts a June escape attempt where most drowned, but he reached Manila.
Chicago reports Mrs. Mary Sladek, now a mother, is charged with killing her father William Mette and mother Mary Mette by poisoning. In Virginia, Governor Warner with Michigan visitors arrives for Michigan day at the Jamestown exposition and will attend tomorrow’s Michigan building exercises.
King Menelik of Abyssinia issues a decree forming a cabinet on European lines as part of steps toward constitutional government. The report notes the Oct. 23 decree from Adis Abeba, while a separate brief mentions the Even Dozen Club meeting with Mrs. Lehman on Tuesday afternoon.
In Czarnova Hungary yesterday a church festival sparked clashes between factions in the congregation. Gendarmes intervened as a fight broke out between peasants and authorities, with Jelaven peasants reported killed and many wounded. New York reports anticipate a vegetarian versus meat-eater endurance contest next Saturday under Newark Athletic Club direction.
Dan Steger Bob Kennedy and Delle Graham were bound over to the grand jury on charges of enticing a child for immoral purposes after arraignment before Justice A B Keptord. All waived preliminary hearing and posted bonds. crowd watched as Kennedy and Graham sat together then with his wife. A separate matter involved temporary guardianship for Theresa Engfert and a will probate for John Kehe plus a Birmingham election where women fueled turnout for liquor sales vote.
London reports the United States bought all bar gold offered today totaling nearly five million dollars. The price paid was 19.50 dollars per ounce, about 3.12 cents above prior quotes, showing strong competition with bids from Paris and others.
Chicago traders faced a weak grain session as New York’s financial condition and New York banks issuing clearing house certificates cooled sentiment. Wheat dropped four cents, corn one, oats 118. Large selling volume prevailed, but demand remained slack and buyers were reluctant to commit.
Mrs Wilhelmina Heinrich Gifford, mother of Mrs R G Lake of Waterloo, died at her daughter's home on Second Street after a year with Bright's disease. Born July 19 1843 in Berlin, she came to America as a young girl and lived in Rockford Illinois. Surviving children include Wilhelm Heinrich, Desmonda L Halorigh, Fritz C Heinrich, Dr Oscar Heinrich, and Mrs R G Lake. Funeral arrangements not yet set. services may be at the Lake home Wednesday morning before burial in Rockford. An infant child of Mr and Mrs L E Strouse died shortly after birth. short funeral held at home.
New York outlines a fortresslike police headquarter plan to shield the public from undesirables. Cells and corridors will route arrestees away from crowds, with an underground path to the Subway or Tombs if needed. Fireproof hollow terra cotta blocks and burned masonry guard against flames. The building occupies Center, Broome, Grand streets and Center Market Place and should finish in nine months.
Lima Ohio reports the Broken Ones football team disbands for the season due to a high number of injuries including six broken noses and eight dislocated bones. The squad, which faced Western Reserve Mt Union and smaller colleges, ended its schedule as captives declared the team crippled. Chicago Illinois hosts a rail board meeting on switching charges affecting Mauls Central and others. Oklahoma statehood moves forward with Roosevelt proclamation calling November 16 as admission date. Washington hosts the proclamation event with Governor Frantz and delegates.
King Alfonso and Queen Victoria with their son, the Prince of Ashirias, traveled as the Duke and Duchess of Covenga. They received royal honors in Paris with Spanish and French colors displayed. Crowds cheered the procession as trains passed, signaling a cordial reception during their journey.
Rev J W Graves pastor of Hirst Baptist church resigns to lead Calvary Baptist in Des Moines. A Rochester theological seminary graduate, he helped in the recent temperance crusade led by Archbishop Keane. He served here three years and is noted as a strong speaker.
The state auditor reports Waterloo Cedar Falls and Northern plus interurban lines earned about 3,106.96 dollars per mile, totaling 170,043.88 for 4170 miles, with Denverlink to Sumner via Waverly. Minot Central lines show 6,501.68 per mile totaling 4,656,074.26 for 716.23 miles. Other lines list mileages and assessed values across Blackhawk county, Burlington Cedar Rapids Northern, and Chicago Great Western branches. Divorces rate noted as zero.
Hay Beaver Pa Oct 28 Judge Holt rules no divorce decree will be granted until all costs are paid. The decision comes after many divorces could not be finalized because papers were not issued or costs unpaid. Judge Hart notes hundreds of cases where papers were never lifted and costs not settled. He states from the bench that future decrees will require full cost payment before issuance.
In Bolsa Idaho on October 28 the Pattibone murder case tied to ex Governor Steunenberg assassination saw further postponements end. Both prosecution and defense signaled readiness to proceed with the trial, indicating no more delays likely.
Akron reports the Dollar Savings Bank closed by order of directors until after the funeral of cashier JFrea Borend who died by suicide yesterday. An official investigation proceeds and there is a push for other city banks to take over the institution. Sixty day limits are set on all savings accounts across banks. Caracas marks Simon Bolivar anniversary with memorials and a tomb pilgrimage, noting it as a national holiday in Venezuela.
Voters turnout expected to be lighter than during the franchise vote for N. W. Harris & Co. The city shows minimal campaigning and few observers as early counts begin. First ward records 75 votes by 1 PM, second ward 80, with totals projected around 190 by 7 PM, far below August levels.
New York reports Mina Annett Maher charged with forcing her seven year old daughter Martha to sleep in a basement with a mongrel dog and enduring other mistreatment. The family, well off, has two other well-kept children. the father Peter Maher tearfully cites a strange dislike from the mother. Martha was briefly placed for adoption but returned after the foster home owner died. A child welfare society now cares for Martha while the case proceeds.
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