New York Must Pay Up In Paris Bank Negotiations
Negotiations in Paris seek $15,002,009 from J.P. Morgan & Co as Bank of France and Engla Bank move to back a lending pact. New York interior banks brace for currency shortages, with premiums spiking as authorities address gold flows, export protections, and attempts to ease the money gap.
MENTIONED IN THIS ARTICLE
J.P. Morgan & Co
Paris
Philadelphia
Morgan
Liv J
Harjea
de Morgan
White
Bank of France
Englaw
Braice
Rene Agaist
France
Estinge Et Sims
New York
Amy
Pcurrency
New York Exchange
Club Treasury
Pittsburg
Eve
Freidelbach, Ickelheimer & Co
Iitinata ‘Trust and Savings Bank
Ef Chicago
First
Lasard Freres
Ge. Heidelbach
Ikelheimer & Co
Uonai Clie
Kuhn
Loeb Co. Faoon
Conemerce
Auth
Tobacco stamp order sparks Washington appeal
A Winston-Salem tobacco manufacturers and merchants committee left for Washington to urge Treasury officials to reverse Collector Brown's order barring tobacco stamp checks. The edict allows only currency, a change the group says would disrupt tobacco towns nationwide and cause great annoyance.
MENTIONED IN THIS ARTICLE
Washington
Winston-Salem
N.C
Nera
Secretary of the ‘Treasury
Brown
Thia
Internal Revenue District
Bank officials tied to California bank deficit arrest
Boston style report notes Barkers and fellow officers of Title Guaranty and Just Company bound over to state court on $3 bonds after a deficit topping $109,990 is alleged. Other bank suspensions and embezzlement charges across Pittsburgh and Foster, Kentucky are briefly described with bail details and local actions.
MENTIONED IN THIS ARTICLE
People’s Bank of California
Portland
Oreg
J. Thorburn Roos
G. H. Hill
T. Y. Barkhards
Wesident
Guaranty and Just Company
Degasiis
Hank
Foster
Danial C. McKelyght
Foster State Bank
Iron production declines amid curtailment in steel trade
The Troi Trade review notes curtailment of iron production aimed at stabilizing prices and avoiding cost losses. October blast furnace output was high, then stacks were blown, with about 2 percent of pig iron capacity idle at Steel Corp. Several furnaces in Pennsylvania and nearby plants have shut. Predictions about future outages depend on finances. Demand for finished goods slows, collections worsen, but overall underlying conditions are seen as temporary. Bessemer prices slip to 20, Southern foundry iron sales drop to 16.
MENTIONED IN THIS ARTICLE
Treliad
Steel Corporation
Sama
Haternan
Pennsylvania
Milwauker
Emerson
Atent
Bessemer
Gally
Southern Foundry Iron Fysine
Birmingham
Pullman Company reports 4.149 million surplus and revenue
At the annual meeting of the Pullman Company directors approved all except Charles S. Baker with George F. Baker elected to replace him. The year ended July 31 showed revenue of 33 million 196 thousand twelve and a net surplus after costs and dividends of 4.149 million. The president noted a 10 percent rise in passengers and mileage and higher payroll and product values. In Chicago the Clearing House Association announced payroll clearance checks of 1, 42, 5 and 10 dollars will be issued Friday.
MENTIONED IN THIS ARTICLE
Chicago
Pullman Company
Charles 5
Bwker
George F. Baker
New York
É&C
Robert Talg
Clearing House Association
Harriman Stock Deals Defended in Interstate Case
In New York the Harriman legal battle over stock sales to Union Pacific and ties to the 10 percent dividend continued as Judge Hough delayed a ruling until December 2. Attorneys for Harriman argued purchases were approved by the Union Pacific board and stockholders, while the government pressed for inquiry into how funds were used to fix interstate rates. Senator Spooner joined the defense, and John G. Milburn challenged the government with the remark What are you going to do about it.
MENTIONED IN THIS ARTICLE
John G. Milburn
New York
Hough
United States
Interstate Commerce Commission
E. H. Harriman
Harriman
John de Spooner
Winconala
Mn Harriman
Union Pacific Company
Union Pacific
Harrisen
Union Pacite
John Vw Nourn
Quio Neara
Tiarriman
Interstate Commerce Commision
Shmaon
Frank B. Kellogg
Union Pacific Railroad
Al-Lectors
M.cMlourn
Ite
Dillburn
Kellogg
Wall Street
Kellore
Mil- FA
Spooner
Kelloge
Great Western Territory
United State
Afissouni Hiver
Booth
Kelvigg
Commission
Wilmington Reduces Force Across Major Plants
Wilmington Del Nov 1 The Harlan and Hollingsworth ship and car works have discharged 1810 workmen since September 1 with payroll slashed from about 23000 weekly to 6000. The plant remains the city’s largest employer though other Wilmington manufacturers cutting staff too. In two months city job losses may reach about 4000. Chicago Nov 13 Broad layoffs hit many industries due to weak demand. International Harvester 1000, Public Iron and Steel 300, Griffin Wheel 30, Hines Lumber 390, Allia-Chalmers 200, Brunswick-Balke-Collender 100 plus nearly 100 machinists in Chicago. Railroads in and around Chicago have laid off about 25000 in construction and mechanical work.
MENTIONED IN THIS ARTICLE
Chicago Industries
Dia
Wilmington
Del
Harlan and Hollingsworth Corporation
Pennsylvania
Chicago
Industres
International Harvester Company
Hapublic Iron and Steel Company
Griffin Wheel Company
Hines Lumber Company
Allia-Chalmera Company
Brunswick-Balke- Collender Company
St Petersburg Penalises Russian Westinghouse Company
St Petersburg authorities cut fines on the electric street railways from the Russian Westinghouse Company and the firm will dismiss its Nevsky Prospect offices, signaling an end to pursuing further contracts for now.
MENTIONED IN THIS ARTICLE
St. Petersburg
Russian Westinghouse Company
Nevaky
Decision Favors Carrier In Grain Shipment Case
The Interstate Commerce Commission denied the A J Poor Grain Co motion for rehearing in a fight over freight rates. The ruling says lawfully published schedules bind shipper and carrier with notice of routes and charges. The case cites Denver routes and obstacles to cheaper paths, and notes the broad scope of resulting fines and prosecutions tied to a large lottery operation exposed by Secret Service raids in Chicago and other cities.
MENTIONED IN THIS ARTICLE
A J. Poor Grain Company
Chicago, Burlington and Quincy Railway Company
Interstate Commerce Commission
Herlan
Denver
D. H. Jones
Guiry
Led Noah
Ola Rannie Genentx Cartier
Cartier
Foote
Feders Grand Jury
John EB
Minor
Coda Green
United States
Ben
Lottery head scheme raided across cities prompts arrests
Police uncover a complex lottery scam operated under the name Reliable Guaranty Loan and Trust Company. The investigation spans several cities with material evidence of unlawful business practices. Many arrests are expected as raids continue.
MENTIONED IN THIS ARTICLE
O11 Reliable Guaranty’ Loan and “Trust Company
Urge Set Up On Roads And State Legislature
Alabama business men press state lawmakers to halt new laws that could disrupt business and affect railroads. In Montgomery on November 18 officers report meetings statewide urging refrain from additional legislation that could threaten the state’s interests.
MENTIONED IN THIS ARTICLE
Alabama
Montgomery
Ain
Increased Currency Circulation Efforts Gain NYC Lead
Treasury officials report growing requests for currency expansion from banks nationwide. Comptroller Ridgely notes New York banks moved fastest, shipping large sums this week and lifting liquidity. Senators Foster and MeInery with Sol Wexler visit the President to urge more government deposits with New Orleans banks.
MENTIONED IN THIS ARTICLE
Treasury Department
Treasury
Department
New York City
New York
Hoch Attacks Bank System in Kansas Speech
Gov Hoch denounces banking laws as out of date and unfair to depositors. He says banks hoard deposits and lend only limited weekly sums while demanding top security, urging reform to stop depositor injustice.
Get Rich Quick Ivy Hawaii Realty Maturity Company Insolvent
Honolulu November 12 The Hawaiian Realty Maturity Company an alleged act rich quick concert has been declared insolvent. The liabilities are placed at 200000. The depositors are mostly natives. H L Kentwell, a student at Columbia University, is president.
Suit Filed Against German Railways Over Damaged Deal
A Stockholm merchant sues the German state railways administration for 5000 in damages after a wreck near Bremen last December. He was en route to Paris to seal a 1000000 deal but was hospitalized six weeks, causing the client in France to cancel the contract and the transaction to collapse.
MENTIONED IN THIS ARTICLE
Berlin
German State Railways Administration
Uni
Stockholm
Bremen
Paris
Baesow
Paper Company Bankruptcy Filed in Ohio Court
Involuntary bankruptcy proceedings were filed in the U S District Court against the Viend Paper Company of West Carrollton Ohio. Debts are admitted to total three million five hundred thousand assets are not equal to obligations. Petitioning creditors include Lewis Zeibert & Co O Bannon Company of New York and the Union Sulphur Company of New Jersey.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Viiend Paper Company
West Carrollton
Rsncia
Lewis Zeibert& Co
O'Bannon Company
New York
Union Sulphur Company
New Jersey
No Pilot Ship Wrecked Off Henry Island Near Boundary
Ottawa Nova Scotia Nov 13 report says the large Blaam a ship Indrayills formerly on the Portland Oriental route wrecked at the end of Henry Island in the Gulf of Georgia near Vancouver. The crew landed safely though the forward section flooded. Uncertain whether the wreck happened in Canada or the United States, believed on the International boundary line.
MENTIONED IN THIS ARTICLE
Ottawa
Oatarie
Vancouver
asMl
Victoria
Henry Island
Gulf of Georgia
Canada
United States
International Boundary
Property sales and buyers in northwest and southwest streets
The sale of Dr. A A Horbling’s residence on Q Street northwest to Dabney C Harrison of the Geological Survey is noted, with an $11,000 price. Another two-story brick dwelling on Fournd-a-half Street Southwest changed hands at auction from Adam Wendler to John Daly. A third property on Tenth Street was sold to Katherine Waloney or He Day, details unclear.
MENTIONED IN THIS ARTICLE
A. A. Horbling
Q Street
Dabney C. Harrison
Geological Survey
Adam A_ j Wendler
John Daly
Therine Waloney
Excursions Offer, Norfolk and Washington Camps
Text describes excursions and routes between Norfolk and Washington camps with varied itineraries and speed. It notes popular weekly tourist traffic, re painted state posters, and connections to New York Philadelphia and other hubs.
Residence Auction Notice at 5% New Hampshire Avenue
The Chueat through Peachy and Hagner bids for the upcoming sale of the residence at 5% New Hampshire Avenue, owned by Thomas H. Anderson Associate Justice of the United States Supreme Court, as recorded in the public notice.
MENTIONED IN THIS ARTICLE
Chueat
Somsver
Peachy & Hagner
New Hampshire Avenue
Thoma H. Anderson
Iatriet Supréme Court
Grand jury Begins Inquiry Into Metro Ferries Case
The grand jury opened a general inquiry into possible crime tied to the purchase of the Wall and Cortlandt Street ferries by the Metropolitan Street Railway Company. Witnesses including directors Cravath and Rand appeared, with Cravath noting Rand brought staff to guide the process. Proceedings emphasized secrecy as two hours of testimony concluded with plans for further sessions.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Grand Jury
Wall and Cortlandt Streat
Metropolitan Street Ralway Company
William H. Baldwin, Sr
James Hazen Hyde
Europe
William Rand,Jr
Jerome
Cravath
Rand
Criminal Courts
Bulding
Mr. Rand
Ste. Cravath Jaine
Peelspare
Connecticut
Kiesel
Greek Laurels and Finds at Oxyrhynchus Exhibition
London reports Dr Grenfell and Dr Hunt at Oxyrhynchus where the sayings of Jeanne are cited from a vellum fragment of an unguent gospel and a late Greek ode. A Greek writer’s psyrus hints at events before Christ, enriching sources on Boeotia and Theresea, reshaping Greek literature history.
MENTIONED IN THIS ARTICLE
Pindar
Warhington
London
Dr. Grenfell
Dr. Hunt
Oxyrrachna
Findar
Oxrrynchus
Ceos
Sen
Grenfel
Theosophas. Ie
Boeca
Grenfell
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