Receivers for Banks Bad Banking
Secretary of the Treasury declares the banking troubles sporadic and country conditions sound. The American Waterworks and Guarantee Company is now in the hands of the court.
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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 08, 1913
Page
8
Secretary of the Treasury declares the banking troubles sporadic and country conditions sound. The American Waterworks and Guarantee Company is now in the hands of the court.
The Pittsburgh banking sector reeled as the First Second National Bank and nearby institutions were forced into receivership after a failed effort to meet federal reserve requirements. The Kuhn banking house and American Water Works and Guarantee Company faced receivership actions, while a bank run hit Pittsburgh’s banks. Officials stressed the crisis was limited and depositors faced minimal risk.
THOS. 8. SERGEON successor to R 8 CAIN W Seventh et DW Telephone M1080. THOS. M. HINDLE Undertaker and Embalmer Fifth and H sts. WM. H. SARDO & CO SUN RAG INRECTORS AND EMBALMERS 408 HOST. Modern Chapel Phone Line 6M. W. R. PUMPHREY & SON FUNERAL DIRECTORS AND EMBALMERS Chapel on premises. Rockville Md. Rockville line to
Report from Nogales Anz dated July 7 describes United States consul C D Taylor protesting to Washington over the mistreatment of Americans by Mexican federal troops. L M Morrison of Potsdam NY, an employe of a construction company, and A P Browning of Nogales Ariz, a commission merchant, were held prisoner for months during the Torn occupation. Morrison marching out with five mule loads and reports say twenty six soldiers died of thirst. Brownmeg also detained by Gen Ojeda. Separately, reports from Texas describe constitutionalist actions near Candela Coahuila.
David Forgan of National City Bank says no general condition warrants suspension of the Pittsburgh bank. John J Mitchell and George M Reynolds say the trouble is purely local, likely linked to recent bank consolidations, with no broader banking industry implications.
London July 7 Miss Sylvia Pankhurst was arrested with several suffragettes at a Bromley meeting after a warrant issued for her failure to answer a Bow Street summons charging inciting a crowd to raid minister residences in Downing Street on June 26. Also noted were Zeke Emerson and others. Pankhurst detained, then possibly released. report from Southport notes militant suffragettes attempted to burn the recreation pier, but flames were extinguished before significant damage.
Five young men from prominent Niagara Falls and La Salle families perished when a sudden gale overturned their canoes on Lake Erie Sunday evening. Reginald McMahon, Albert Rayner, Thomas Brophy, and Howard Reichert of Niagara Falls, and Carl D Goodrich of La Salle are named among the deceased. ages ranged from 17 to 22. William Cannon, Douglas McMahon, Walter Franz, Joseph Cannon, and George Gray were rescued from overturned canoes.
A fragmented notice lists multiple marriage entries with names ages and locations including Jesse MacAyres 21 of New York City and Louise P Riddle 19 of Branchville Maryland. Rev Montgomery Hunter officiating. couple pairs from Washington DC Cohasset Massachusetts Nokeeville Virginia and Richmond Virginia among others.
Rioting returns to Cabin Creek coal fields as about 150 strikers hide on a wooded hillside and fire on the Ohley coal camp. Two miners are missing, power plant damage high, sheriff to mount relief with limited watchmen nearby.
The Columbia Players stage My Wife a Michael Morton drawing room comedy from the French with Helen Holmes and Billie Burke in memorable turns. Everett Butterfields Gibby Gore and a strong supporting cast illuminate a familiar tale with sparkling dialogue and deft character work while Polls Man and Superman offers Shaw like satire and brisk humor from the Washington company.
A Glen Echo Park review notes a lively Thursday night with cooler weather, large attendance, and full dancing pavilion. The program featured Movements of Ocean Steamers and a German comedy sketch with a German-Scotch finale, plus Pathé Weekly world news and photoplays. Fireworks are planned for Thursday with no admission, and several outing parties are listed alongside anticipated dockings and sailings of major liners in the near term.
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