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The Progressive Farmer in Raleigh, North Carolina

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Newspaper

The Progressive Farmer

Location

Raleigh, North Carolina, United States of America

Date

Aug 15, 1893

Page

3

State News Briefs From Across North Carolina

State presses report thefts, weather, and local incidents from many towns. Notable items include a horse stolen in Stokes County and a mule killed by a bull in Fork Township. a large Langshang egg measured eight by six inches. a judge’s death in Lexington. a copperhead extermination by Watauga’s sawmill region. a fatal crane of a fire at Beaver Dam ginning. and multiple small injuries and arrests across Guilford, Edgecombe, and Robeson counties.

Carthage Blade Jnc. W. Vaughn Stokes Co Yadkin Presbyterian Francisco Danbury Jonas Williams Fork Township Warrenton Record Concord Standard G. M. Bulla Lexington B. Wheeler George Vanderbilt Watauga Caldwell Greensboro Robert G. Gorrell Geensboro Guilford College J. W. Kistler Elizabeth City Derita Charlotte News Alex Helms F. H. Wolfe W. D. Pemberton Monroe Enquirer W. Baker Sim’s Pond Hayesville Clay County John Warren Camp Palmer New Berene Journal Weldon John L Kitchin Scotland Mr. Kitchin W. H. Kitchin Goldsboro Robert Bryant Spell Hall's Township Bryant State Penitentiary Earnest Carrington W. T. Carrington Durham Sun J. W. Fisher, Jr C. A. Seaborn No. 10 Henry Tolbert Maxton W. G. Hall Cumberland County Fayetteville Cape Fear Egypt Jame McKay D. N. Melver Near Here Sanford Express Kenneth McCaskill Bensalem

Denver receiver named for Equitable Accident Insurance

Charles B. Mason appointed receiver of the Equitable Accident Insurance Company with outstanding risks totaling about 6 million dollars. Reinsurance with Union Casualty Company expected to fully protect insureds. Also reports S N L Carte & Co and B Jacoby & Co insolvencies, and lead and shoe factory shutdowns affecting hundreds of workers in St. Louis.

Denver Col Charles B. Mason Equitable Accident Insurance Company Union Casualty Company New York S. N. L. Carte & Co Jacoby & Co Fr. Louis St. Louis Hamilton Brown Shoe Factory Twentieth and Lock Streets

Thousands Of Men Out Of Work Across The Nation

Across the United States a broad economic crunch has laid off thousands of workers in diverse industries. Chicago reports tens of thousands idle, with projections reaching seventy five thousand by November, while Cincinnati and San Francisco also show sizable unemployment amid a tight money market and reduced production. Local leaders cite the fair's end, the Sherman act context, and cautious business sentiment as key causes, with calls for congressional remedy and broader economic improvement.

United States West Chiago Pittsburg New Orleans Atlanta Richmond Curcaco Ill Chicago A. P. Russell Building Trades Council Aes Congress J. B. Cogswell Carpenters Hugh Ward Brick and Stone Masons’ Union Cincinnati Ohio Painters’ Union John G. Weaver Prrrspure Garland Amalgamated Association of Iron and Steel Workers Hochstetter K. of Secretary Kunzler Flint Glass Workers’ Association San Francisco Colorado James H. Barry BurraLto N. Y Buffalo William Dobson Central Labor Union Galveston Texas Crescent City

Receivers appointed for Wheeler Company in Illinois

In Curiaco Illinois creditors ask for receivers for the Jas H Wheeler Company. Chicago Title and Trust Company and William A Mason named receivers. Claims include 120000 for A D Juilliard and 200000 for Bliss Fabian and Co among others. Total liabilities around 2400000 with about 2000000 owed to New York creditors.

Germania Bank Bickel First National Bank Bailey President Hill Great Northern Railroad Upham People’s Bank State Banking West Side Bank Daniel Minnesota

Hitchcock Assigns To A Frederick Silverton

Benjamin W. Hitchcock a noted music publisher and real estate dealer has assigned. The assignee is A Frederick Silverton, partner of John Gleason, lawyer at Nassau street. Papers filed in county clerk's office provide first for wages due employees and then grant a $20,000 cash advance preference to Anthony Miller, hotel keeper of Long Island City. Hitchcock has stores at Park Row Grand street Ann street and Sixth Avenue near Twenty fourth street, with a real estate office at Chambers street.

Benjamin W. Hitchcock A. Frederick Silverton John Gleason Nassau Street Anthony Miller Long Island City Hitchcock Park Row Grand Street Ann Street Sixth Avenue Twentyfourth Street Chambers Street New York Herald

N. L. Cort & Co. Fail in Metal Trade Distress

N. L. Cort & Co., longtime tin and metal importers at 245 Water Street, made an assignment to Frederic G. Dow for $34,425 in preferential debts to Blanche B. Cort, Leon Berman, Peter Drummond and others. The senior partner, about seventy, and his son Mortimer H. Cort, face a large liability, with assets unclear though store property and real estate are noted. The firm’s collapse is blamed on falling metal prices, unpaid contracts, and general financial stringency.

N. L. Cort & Co Water Street Nicholas L Cort Mortimer H Frederic G. Dow Broadway Beut Blanche B. Cort Leon Berman Peter Drummond John 8. Norton Brooklyn Eliza A. Cort Mary L. Hall Amherst Mass Abby C. Peckham Bowery Goodwin & Cort Goodwin Cort Clark P. Cort M. H. Cort

Mills Closed and Men Idle in New England

Mills across New England halted operations for an indeterminate period. In Fall River about seven hundred thousand spindles stopped, impacting cloth production and signaling a downturn in the textile market. The Male Spinners' Association urged members to conserve resources as closures spread to several mills in Fall River.

Boston Mass New England Fall River America Linen Despi Anowan Fittory

Mills Idle as One Third of City Factories Close

In a sweeping factory downturn, 81,000 workers linked to King Philip and other mills halt operations. Banks fail in New York and Lynchburg amid a broader shutdown of textile plants from Lawrence to Waltham. Shortage of currency and weak trade drive layoffs, with 66,000 in lost wages and widespread idle looms across multiple companies including Pacific Everett and Wamsutta. Local mills suspend two to four weeks and pay is halted for August.

King Philip Law Lake Matacomet Richard Borden Ribeson Seacopnet S Hove Stafford Wampasoaz Weetamoe Julius Keene John B McGeorge South Boston Manufacturing Co Waltham Pacific Everett Washington Atlantic Arlington Pemberton Mills Lawrence Bennett Mill No Potomska Mill Howland Corporation Wamsutta Mills Wamsutta Howland Pittssure la Oe Steel Works Alleghany Liggate Allegheny Cambria Iron Company Jamestown Gautier Steel Mattoon Ill Peoria Decatur Evansville Starbuck Croarr Rapids Iowa Burlington, Cedar Rapids and Northern Road

NO MONEY TO PAY HANDS IN COAL REGION CRISIS

Pottsville August 5 1893 the New York and Philadelphia banks refusal to pay large sums triggers a coal region crisis. Philadelphia and Beating Coal and Iron Company fails to pay six hundred shop hands and others for July work, owes $50 000 to colliery employees for the first half of July, pay should have come a week or more ago. The company faces a shortfall of $50 000 and has no ready method to pay the July wages totaling $350 000 for the pay period.

Pottsville New York Philadelphia Philadelphia and Beating Coal and Iron Company Revere Rw. Department Bena

Also Mentioned on This Page

State News Presbyterian Church K. M. McIntyre Durham R. Blacknall & Son Corcoran Street W. 4. Curlee Curlee Wadesboro Messenger Harvey’s Canal Ricum Mono Henry Disson & Son’s Law Works Tacoma Shible & Clem Foerderer Milwaukeer Exchange Bank of Colby Wis Barabo0 Savings Baraboo R B Gripp Baraboo Bank Citizens’ National Bank Farmers’ National Merchants’ National Bank Delaware National Bank Providence State Bank Providence Clearing House San Antonio Texas National Bank United States Bank Lebanon Lebanon Trust and Safe Deposit Bank Robert H. Coleman Coleman Oo Leon Decatur County Banking Association Davis City Garden Grove T. S. Arnold
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