Dream of the State Press items mix crops and crime in NC
A wide NC roundup reports rains easing drought, grape shipments northward, new church at Alton, militia encampment at Latta Park, and a string of local incidents. Notes on crops, hog thefts, lynchlike threats, train fatalities, court actions, and a mad dog birth tragedy illustrate era concerns.
MENTIONED IN THIS ARTICLE
New Presbyterian Church
Alton
North Carolina
John Cotten
Selma
Smithfield Herald
Morehead
Shelby
B. B. Bailey
Atlanta
Sanford
Rockingham
J. E. W. Austin
Monroe Enquirer
L Harvey
Kinston
Kinston Free Press
Bud Porter
No. 1
Concord Standard
Sheffield
Carthage Blade
Laurinburg Exchange
Adarky
Galloway
Sam Bennett
Reidsville Weekly
Charlotte News
Elizabeth City
Carolinian
Ezekiel Morris
Knights of Pythias
Sanford Express
Weldon News
Merritt
Roxboro Courier
O. M. Cowthorn
Salem
Ala
Hickory
Sam Tilly
Tilly
Cowthorn
Thos. Lea
Hamer
Vance
Milton Gazette
Cleveland County
Shelby Aurora
J. W. Fisher, Jr
C. A. Seaborn
Henry Tolbert
Burlington News
Fair Grounds
Greenville
Greensboro
George Grissom
High Point
Bensalem
Riley Britt
Britt
Banks Collapse Across Cities Amid Financial Strain
A sweep of bank suspensions spread from Ellensburg Washington to Portland Oregon as runs and closures hit numerous banks. Banks reported suspensions due to withdrawals and liquidity gaps. some expected resumption soon while others faced orderly liquidations or receivership.
Idle Workmen Flock to Chicago Welfare and Wages
Reno of Colorado miners and displaced workers flood into Chicago by freight trains seeking jobs. About a thousand unemployed men, including machinists, flee Colorado mines as factories close. In St Louis, police hold hundreds of mining refugees overnight before they move east seeking work. Charleston bank suspension cites liabilities of 20 000 dollars with assets around 41 000 and deposits of 5 000 to be paid in full.
MENTIONED IN THIS ARTICLE
St. Louis
Kansas
Colorado
Missouri River
Charleston, SC
Nickel Savings Bank
Prices Crash on Chicago Board of Trade in Disastrous Day
Aug 1 in Curiaco reports one of the most disastrous Board of Trade days in memory. Hogs and mess pork prices tumbled rapidly as major firms and brokers failed or forced closings. Secretary Stone announced settlements with Stever Bailey Helalz firms, while Nor to erican Provision Company and Charles Wright faced large losses.
MENTIONED IN THIS ARTICLE
Curiaco
Board of Trade
Chicago Board
Stentor
Stone
Joseph E. Stever & Co
F. W. Bailey & Co
A. Helalz & Co
Northerican Provision Company
Charles Wright
Cutcage
Creditors Flair as Banks Fail Across Cities
A flurry of failures and reorganizations sweep through U S cities on Aug 2 and earlier. Losin Brass Manufacturing Co liabilities exceed 100000. Fresh Co Importers liabilities 150000. The First National Bank Birmingham no deposits paid in full after morning closure. Other districts report mills and plants shutting for a month due to demand and financial stringency, with several banks suspending operations or restructuring. Names include Exyipo Ill San Francisco Birmingham Aurora Woonsocket Cambridgeport Methuen St Paul Spokane Wyatcom and Steubenville.
MENTIONED IN THIS ARTICLE
Ellensburg
Wash
Ellensburg National Bank
George B. Markle
Portland
Ellensburg Bank
CuicaGo
Martinsville
Ind
S. M. Mitchell Bank
Indianapolis
Sparta
Wis
M. A. Thayer Bank
Bank of Sparta
Mount Steraine
Traders’ Deposit Bank
Farmers’ Bank
New York
Horatio D. Averill
Consolidated Exchange
Adolph Goldsmith
Sigmund A. Goldsmith
Adolph Goldsmith & Son
Maiden Lane
Jones H. Monsheimer
San Antonio
Texas
Minerva Colliery Company
Webb County
Providence
Burrill Villa
A. L Sales & Sons
Arnold & Perkins
Job E Fiske, Jr
W. A. Inman
William Finkham
LouiIsville
Pineville Banking Company
Pineville
Kentucky
Covixaton
Farmers’ and Merchants’ Bank
United States
Nebeker
Kroxvitte
Tenn
Standard Tannery Company
Chicago
Akron
Citizens’ Savings and Loan Association
Trenton
N. J
Trenton Savings Bank
Philadelphia Mint
Milwaukee
Commercial Bank
Eau Claire
Byron A. Buffington
Commercial
Chippewa Valley
National Bank of Eau Claire
Bank of Eau Claire
Chippewa Valley Bank
South Park Bank
Ore
Commercial National
Portland Savings Bank
Ainsworth National Bank
Anday
Bsee
Exyipo
Ill
Kenee
Losin Brass Manufacturing Co
San Francisco
Fresh Co
Ap Ning
Eeesit and Trust.Co
Birmingham
Ala
First National Bank
Curiaco
D. Eggleston
Board of Trade
George
Valley
Mitheu
Mass
Metheuna
Boston
American Rubber Company
Cambridgeport
Adam Smith & Co
Twe
Steubenville
Ohio
R. M Francy
Toronto
Aruit
J M.clare
Jefferson Sualtzman
John Logan
St. Paul, Minn
Seven Corners Bank
Wyatcom
Bellingham Bay National
Sensational disclosures of ex secretary Foster's overdrafts
Cincinnati reports an extra Times-Star claim ex Secretary Charles Foster as overdrawn without security totaling 136321 in his bank and 230325.79 in total bank liabilities. Partners clerks and related firms show overdrafts with a mysterious Mrs M Carter of New York tied to 936197. Additional banking failures include Lazarus Silverman assigning liabilities. Express National Bank with Juarez branch closing. and a Wisconsin grand jury probe into Southside Savings Bank where President G C Trumpff and cashier J B Jetting are missing.
MENTIONED IN THIS ARTICLE
Foster
M. Carter
New York City
Times Star
Gurcaco
Lazarus Silverman
Express National Bank
Juarez
Mexico
Milwavkes
Wis
Southside Savings Bank
G. C. Trumpff
J. B. Jetting
Currency famine grips New York as demand for small bills grows
The Aug 3 report notes a nationwide shortage of currency with a surge in demand for small denomination bills. New York brokers have offered premiums from $2.50 to $10 per $1000 for $20 and under notes, reflecting a tightening money supply and strains on metropolitan liquidity.
MENTIONED IN THIS ARTICLE
New York
Market bids rise to twenty dollars as banks deny premium moves
Rumors swirl about currency purchases by Zimmer & Forshay and large retail stores amid premium offers from certified checks. Banks deny funds were exchanged for premiums, while observers estimate total cash secured for a looming Saturday payroll. Amassa Lyon & Co. of New York, umbrella makers, owe 121000 dollars last week.
MENTIONED IN THIS ARTICLE
Zimmer & Forshay
Amassa
Lyon & Co
New York
Assi
World\u0027s Fair finances eyed for drastic cuts
At Caroano August 3 the Foreign Affairs Department of the World\u0027s Fair may be dissolved and its duties shifted to the Director General. The move aims to save from half a million to three quarters of a million dollars in the next three months as bond payments begin soon. Finance Committee member Lyman J. Gage notes daily expenses around 15 000 dollars, with attendance shaping the final financial outcome and potential surplus if bonds are paid on conservative management.
MENTIONED IN THIS ARTICLE
Caroano
Foreign Affairs Department
Lyman J. Gage
Eee
France and Siam in Bangkok Dispatch Delays Blockade
A Bangkok dispatch says no action has been taken to enforce the blockade as French orders to raise it remain uncarried out. Residents grow anxious while Rear Admiral Humann may be awaiting Saigon orders. a forward party is delaying to gain leverage for France.
MENTIONED IN THIS ARTICLE
London
Bangkok
Humann
Saigon
France
Cholera Epidemic in Marseilles Reported by Lancet
London reports from Aug 3 describe an epidemic in Marseilles with 601 deaths since mid May and daily spikes up to 25. The Lancet notes officials deceived the public and cites 626 French deaths in four weeks. Rome sources add Naples exodus and undercount concerns with daily cases and deaths.
MENTIONED IN THIS ARTICLE
London
Lancet
Marseilles
France
Rome
The
Central News
Naples
Thurman Critiques Cleveland On Finances In Old Roman Talks
Ex Senator Allen G Thurman speaking from Columbus Ohio argues the financial stringency is not cured by restricting silver coinage and warns repeal would harm the economy. He notes scarce money, halted circulation, and difficulty in sending goods to market while criticizing gold bugs and Administration policy.
MENTIONED IN THIS ARTICLE
Columbus, O
Allen G. Thurman
Cleveland
Also Mentioned on This Page
State News
Peter DeGraff
Eden Smith
Stafford
Messrs
Glenn & Manly
Winston Sentinel
Charles Pepper
Forsyth
W. W. Fulp
Kernersville
Moore County
Henderson
Charles Shores
Jonesville
N. C
Charlotte Observer
Neil Jamison
Morganton
J. C. Coffey
Risden
Lenoir
Stanton Kennedy
W. L. Kennedy
Falling Creek
Bundy
Salisbury
Mt. Vernon
Gaskill
J A Wilson &Co
Wilson’s Mills
Cave Ramsey
Buffalo
Ramsey
High Point Enterprise
Murdock
Logan
Jimtown
Johnston
Clear Creek Township
Surface Hill
Richmond
Danville
Carolina Central
Steve Watkins
Goose Creek Township
Union County
Wana
Riverside Steel,and Iron Works
Ohio Valley
Milwaukeer
Savings Bank of
Oregon
Cottage Grove
Hornellsville
Wyoming
N. M. Crane & Co
Akron Savings Bank
Citizens’ Bank
William Butchtel
Upper Sanpusky
Wyandotte County Bank
J. R. Layton
Dr. R. McConnell
Springfield
Ills
Springfield Savings Bank
First National Bank of
East Portland
Tuk Dauks Ore
Commercial Bank of Portland
Pendleton
Pendleton Savings Bank
P. T. Cox
John Cudahy
Chicago Board of Trade
Cincinnati
Times-Star
Fostoria
Charles Foster
Siam
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