Banking committee urges stricter New York reserve rules
By Associated Press New York December 17 a committee of bankers appointed by Governor Hughes during the monetary panic proposes preserving banking stability by requiring New York trust companies to hold a 26 percent reserve with 15 percent in cash and 10 percent in another bank. It also favors full disclosure of loans and purchases to directors or in writing and makes concealment a misdemeanor. The panel also backs capping loans on capital stock at 11 percent of the issuing corporation’s capital.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Hughes
New York City
Missing Securities Search Fails to Locate Robberson
Assistant District Attorney Wm Ho Cook secured no search warrant to enter the home of J B Dalzell Robertson, secretary of the California Safe Deposit and Trust Co. The house was deserted. a tin box, items in a drawer, and two loaded revolvers were found. Robertson has not been seen since December 4. The search aimed to locate missing securities.
MENTIONED IN THIS ARTICLE
Associated Press
San Francisco
Wm. Ho Cook
Dalzell Robertson
California Safe Deposit and Trust Company
Robertson
Cook
Houge
Perjury Conviction for Former Tammany Hall Leader Coyne
William R. Coyne, a former Tammany Hall figure in St. Louis politics, was convicted of perjury after testifying to a Grand Jury about alleged boodling in the house of delegates. He received a two year prison sentence.
MENTIONED IN THIS ARTICLE
Associated Press
St. Louis
House of Delegates
William R. Coyne
Tammany Hall
Five Ships Report All Well in Fleet Message
Wireless station fed Georgia at 8 pm reports speed and squadron formation unchanged in choppy seas, all well. The line was established at 1 am due to unfavorable weather as the fleet lies 110 miles south of Beaufort, North Carolina.
MENTIONED IN THIS ARTICLE
Norfolk
Georgia
Beaufort
N.C
Langford Earns Decision Over Barry in Ten Rounds
Sam Langford of Boston defeated Jim Barry of Chicago in a ten round bout at the Pacific Athletic Club in Los Angeles. Both fighters endured heavy punishment as Langford secured the decision.
MENTIONED IN THIS ARTICLE
Los Angeles
Sam Langford
Boston
Jim Barry
Chicago
Pacific Atletic Club
Langford
Cab Drivers End Strike After Wage Settlement
In New York on December 17, Marcus H. Marks of the National Civic Federation helped arrange a settlement ending a 1000 cabbies strike. Drivers had demanded a 12 hour day and a $15 weekly wage, with hours and other differences to be submitted for arbitration.
MENTIONED IN THIS ARTICLE
New York
Marcus H. Marks
National Civic Federation
Conell Luton
Arbl- Lattin
Death Toll Grows From Yolande Mine Disaster
At 8 o clock tonight forty two bodies were recovered from the Yolande mines following yesterday's explosion. Nineteen more are missing, bringing total victims to sixty one as rescue teams fight through heat and smoke.
MENTIONED IN THIS ARTICLE
Associated Press
Yolande
Yolande Mines
Watch Company to Reduce Hours at Waltham
The American Watch Company in Waltham Mass reports no notices of a factory closure from December 25 to January 1. Working hours will be forty two per week a one hour daily reduction. The firm employs about 2500 workers.
MENTIONED IN THIS ARTICLE
Associated Press
Waltham, Mass
American Watch Company
O Brien shoots Gardiner in Rawhide barroom
News from Rawhide reports Mart O'Brien shot Bexsile Gardiner in a Tenderloin district barroom. Gardiner is reported in precarious condition while Curley was shot but not seriously hurt. O'Brien is captured as Deputy Shecut Briggs heads to Rawhide to secure the prisoner.
MENTIONED IN THIS ARTICLE
Mina
Nev
Rawhide
Mart O'brien
Bexsile Gardiner
Tenderloin
Curley
O'Brien
Cortelyou denies meddling in political moves for presidency
Washington December 17 Secretary Cortelyou issued a signed statement denouncing as entirely false the rumors of undue political activity by his friends in backing a presidential candidate. He asserts he has not used influence for any candidate and seeks only the people’s confidence. Parrner Burns wins in Omaha wrestling match defeating Mike Dwyer in two straight falls, Dwyer's wrist injured in the second fall.
MENTIONED IN THIS ARTICLE
Washington
Cortelyou
Bermff
Parmer Burns
Omaha
Neb
Farmery Burns
Mike Dwyer
Denver
Dwyer
Tonopah Suffered Night Blackout From Power Failure
Tonopah woke to darkness after 5 PM as electric lights failed across town. Reports blamed cut wires from a White Mountains snowstorm and a Bishop power-house strike, leaving mines idle and forcing candle use. New silence on cause and Goldfield outage remained unresolved.
MENTIONED IN THIS ARTICLE
Tonopah
Goldfeld
White Mountains
Bishop
Goldfield
Conflict Intensifies as Reactionaries Seize City Squares
In Thheran on December 17 the situation worsens as reactionaries hold gan squares and open places near the pal ace while about 10 000 constitutionalists build barricades around the parliament. The rough element backs the reactionaries and several murders and looting have occurred.
MENTIONED IN THIS ARTICLE
Associated Press
Thheran
Pala
Bribery Trial Ends Amid Assault on Stage
In San Jos honoree today the Herrington bribery trial collapsed as Assistant District Attorney James Sex and defense attorney A H Jarman clashed, throwing ink stands. A bystander, Yacherias Tucker, was struck and later operated on for a fractured skull with stable prospects.
MENTIONED IN THIS ARTICLE
Associated Press
San Josh
Herrington
James Sex
A. H. Jarman
Lex
Yacherias Tucker
Tucker
Death of Lord Kelvin Ends An Era In Science
Glasgow December 17 Lord Kelvin noted scientist died today after a chill two weeks earlier. He suffered serious complications and leaves no heir, his title becoming extinct.
MENTIONED IN THIS ARTICLE
Lie Arbuciatsu
Ewede
Glasgow
Lord Kelvin
Newlands Pushes Inland Waterways Commission Plan
In Washington on December 17 the Senate discussed inland waterway improvements. Senator Newlands of Nevada spoke for two hours advocating his bill to appoint an inland waterways commission and to develop U S waterways.
MENTIONED IN THIS ARTICLE
Washington
Senate
United States
Newlands
Nevada
Inland Waterways Commission
Attorneys Seek New Trial for Two LW W Nation Murderers
In Carson City on December 17 the lawyers for Preston and Smith, LW W agitators serving terms in Nevada's state prison for killing John Silva at Goldfield, argued in the Supreme Court for a new trial. Attorney General Stoddard represented the State, with I W W backing the case.
MENTIONED IN THIS ARTICLE
Carson City
Preston
Smith
LW. W
Nevada
John Silva
Goldfield
Supreme Court
Stoddard
Sheriff Captures Man After Fatal Ingot Shooting
Frank Peoples surrendered to Sheriff Montgomery in Ingot after fatally shooting Paris Malone. A coroner's jury found the death was wholly without provocation. Redding California December 17.
MENTIONED IN THIS ARTICLE
Associated Press
Redding
Cal
Frank Peoples
Paris
L. Malone
Ingot
Montgomery
Commission to Tonopah Investigates Camp Conditions
General Funston leaves San Francisco as the Tonopah commission continues its inquiry into mining camp activities. The panel seeks written statements from mine owners and miners, may visit Tonopah and Rhyolite, and plans to call Sheriff Ingalls if needed. The meeting with the sheriff stirred debate, which he denies as a heart to heart discussion.
MENTIONED IN THIS ARTICLE
Ronman Goldfield
Funston
San Francisco
Washington
Sheriff Ingalls
General Funston
Traced Course of The Peabody Bomb Discussed In Pettibone Case
Boise December 17 The prosecution traced the Peabody mine bomb from its alleged throw into a creek at Wallace to its appearance in court during the Haywood vial. Orchard testified about related Vindicator mine explosion and a registered letter and telegraphic money order to him in San Francisco, facts the defense admitted. The judge refused to admit Colorado labor trouble evidence arguing insufficient counter conspiracy proof.
MENTIONED IN THIS ARTICLE
Lby
Associated Press
Boise
Pettibone
Peabody
Orchard
Jack Simpkins
Wallace
Haywood
San Francisco
Wood
Colorado
Special Holidays End In San Francisco Banks
San Francisco Clearing House Association telegraphed Governor Gillett that special holidays are no longer required as the banking situation improves. Governor Gillett announced no more holidays after Saturday December 21, citing improved state finances and the reduced need for holidays.
MENTIONED IN THIS ARTICLE
Associated Press
San Francisco
Sanfrancisco Clearing House Asso‘ciation
Gillett
Sacramento
Clearing House
San Fransicisco Clearing House
Kansas City Banks Reopen After Suspension Collapse
Kansas City December 17. Union Avenue Bank of Commerce to reopen tomorrow morning after the National Bank of Commerce failure. Small banks revived. four Government bank examiners review Nay Nona Bank of Commerce to decide reopening or liquidation. George F. Curtin of New York may assume receiver duties soon, succeeding James T. Bradley. Checks on suspended banks accepted at par by many businesses.
MENTIONED IN THIS ARTICLE
Kansas City
Union Avenue Bank of Commerce
National Bank of Commerce
National Bank
Government
Nay Nona Bank of Commerce
George F. Curtin
New York
James T. Bradley
Labor leader declines comment on Buck Stove court action
Samuel Gompers president of the American Federation of Labor declines to comment on a court granting a temporary injunction against the federation over the Buck Stove and Range Company action. Also reported Riga arrest of twenty social democrat executive committee members.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Samuel Gompers
American Federation of Labor
Buck Stove and Range Company
Financial Situation Initiated
The report notes that the financial situation has been initiated, marking the start of a formal process. It outlines potential steps and stakeholders involved in addressing the issue, with emphasis on accountability and next milestones.
Also Mentioned on This Page
Committee OF Bankers
Sin
Caube
Cortelyou Escurs
Kelvin
Prac
Commission
California
Riga
Social Democrats
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