Resignations Tilt Ridgely as Mercantile Bank Crashes
In a turbulent day the Mercantile National Bank faces mass director resignations led by Ridgely while clearinghouse control shifts echo through the financial hub. Rumors of new régime talks and heavy liquidation surge amid a plunging stock market and interbank tension, with Chase and UCC figures cited in feverish briefings.
MENTIONED IN THIS ARTICLE
le Elelnges
Mercantile
Artouy
Mercuntoe Bank
Faiou Vis
Mrrcant I
UCC
Erney Wiamp Ridgely
Augustus Meinze
Morse
Mir Ridsvig
Pidgely
Tang
Barton Hepburn
Chasavonal
Tenty H Dwison
Rst
Rugely
de Waldorf
Stow
Moreantle Bank
Nkrom
D Gilbert
Fulton
Berlin Financiers Calm Bank Meeting Amid Hamburg Failure
Central committee of the Imperial Bank met to assess the aftermath of the Hamburg collapse. Officials reported foreign exchanges unfavorable but not alarming, with Hamburg’s failure seen as not greatly impacting Berlin. Banks absorbed losses while Hamburg default’s wider effect remained limited, and examinations for two land law clerk vacancies were noted as part of ongoing public proceedings.
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Berlin
Imperial Bank
Heller Lochle & Co
Koch
Germany
Hamburg
Bertin
Kommerz
Disconto
Halter Sochle & Co
Tageblatt Saya Thet Sanaldom
Stettin
alfBculties
Market rally lifts rails and industrials amid banking talk
In a late session surge investors pushed railroad and industrial shares higher. The market closed well above the day’s low as analysts cited improved sentiment on banking conditions. A broad advance put the average up compared with yesterday, with big gains from Pacific Reading Illinois Central and Amalgamated Copper among notable movers.
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Iquidaion J
Guggenheim Exploration Company
Allieg
Sol
Ato K
Wease
Rom Pacific Reading
Illnois Central
Amalgamated Copper
Hbo
War on Peonage System Ties NY to Florida Railroad Case
Assistant Attorney General Russell Will oppose a Demurrer to the indictment in a key peonage case involving the Florida East Coast Railroad. The probe links laborers held in peonage and alleged kidnapping to a network centered in Florida and New York, with Sabia and Quirra among indicted figures. The case tests federal action to break up labor coercion in the South and prevent use of padrone networks.
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Demunrer
Newark
Stimeon
New York
Washington
South
Bonaparte
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Keys
Florida
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Qriar
Jacksonville
Florida East Coast Railroad
Sabole
Babbla
Knyx
Florda ‘Telly
Flagler Gulheads
Sabbia
Pepe
Triny
Department of Justice
Federal Immigration Bureau
Meyer to Welcome Them Second Fourth Class Postmasters Meet Here
Postmasters from second third and fourth class will gather in this city October 22 to 24 for the semiannual convention. The Postmaster General will deliver the welcome address. Hitchcock McGleary Law she Da Graw W J Vickery and Alexander Grant will speak. Sessions at the Metropolis and National hotels will focus on business, committees, papers, and joint sessions. Presidents from state leagues nationwide are expected to attend.
MENTIONED IN THIS ARTICLE
Hitchcock McGleary
da Graw
J Vickery
Alexander Grant
Railway Mail Service
Spillman
Metropolitan Hotel
Mont Wession Wall
Levery
Ridgely Returns to Day as Comptroller Faces New York Bid
The Comptroller of the Currency Ridgely and Ridgely’s associates in banking circles discuss a possible move to head the Mercantile National Bank in New York City. If he departs the post, deputy Thomas Kane would lead the office, with potential promotion of Cortelyou’s selection at the Treasury.
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Otto Heine & Co
Jegat
Supreme Court
Bank of
Hutte Wat
Mercantile National Filliputy
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Mercantile National BoDs
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New York
New York Clearing House
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Budgely
Chicago
Commercial National Bank
Comptroller & Office
Ridgely
Blagely
Cortelyou
Mint
Roberty
Lerch
San Francisco
Thomas P Kane
Comptrollers Office
Kene
Avenue City
Washinigvan Te
War Departments Seek Court Injunction Over Calumet Excavation
The War Department and Justice move to halt Chicago firms from Calumet Saw Canal excavation claiming it diverts the Calumet River from Lake Michigan. Army engineers warn the diversion would harm navigation on Lake Erie.
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War Department
Department of Justice
Chicago
Calumet Saw Canal
Calumet River
Lake Michigan
Kwan
Army Engineers
Calumet
Lake Nrieht
Midshipman Evan Howe Dies at Naval Hospital
Midshipman Evan Howe of the Naval Academy fourth class died at the Naval Hospital Annapolis after a brief illness from blood poisoning. He was nineteen, from Massachusetts’s Tenth district, and his mother Mrs L M Howe is expected to arrive in Annapolis. The report also notes a sailor drowning incident near Nagasaki and inspection trips by Secretary Metcalf, plus cruisers Tennesseé and Washington arriving at Port of Spain en route to Rio de Janeiro.
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Annapolis
Evan
Howe
Naval Academy
Naval Hospital
L. M Howe
Sanitary Conference Delegate Named by Nicaragua
Minister Corea of Nicaragua appoints Dr Don Gregorio Mendizanel as Nicaragua's delegate to the third International Pan American Antillary Conference to be held in Mexico City in the first week of December.
MENTIONED IN THIS ARTICLE
Corea
Nicaragua
Don Gregorio Mendizanel
Mexicu
Cannon May Lose Two Delegates in Michigan Rift
Washington dispatch notes that Michigan Republicans may retract pledged Fordney delegates to Speaker Cannon at the Republican national convention. The dispute centers on validity of the Michigan district’s instruction and the potential seating in the Ways and Means vacancy created by William Alden Smith’s promotion.
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Forney
Whnch
Vega
Means
William Alden Smith
Washington Post
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Poat
Washington Y
Cannon
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Fordney
Michigan
Catmon
Wiliam Alden Smith
Senate
Hamilton
Townsand
Taft
Republican Party
Howart
Rougeveitte
Willem Alden Smith
Foneney
Barrett Talks on Trade With South America Visit
John Barrett director of the Bureau of American Republics spoke to Trenton business leaders about South American opportunities for American manufacturers. He cited imports of machinery from Europe and noted plans for a new Bureau building with ground breaking next January without a ceremony. President Roosevelt and cabinet and diplomatic corps are expected to attend the stone laying.
MENTIONED IN THIS ARTICLE
Trenton
South America
John Barrett
Bureau of American Republic
Washington
Ironton Ng
Chamber of Coremerce
South
Awedon
Albert Teacham
Bir Barrett
Europe
Youeham
Chie
Bureau of Republica My
Barrett
Roose
Diplomatic Corps
Senate
House
Population figures from Nicaragua census report
The official census reported to Minister Carea places Nicaragua's population at 500900, up from 423740 a decade earlier. The figures reflect a steady rise over ten years.
MENTIONED IN THIS ARTICLE
Nicaragua
Carea
Munyon Victories Promoted By Free Remedies Claims
Munyon claims thousands tested his Rheumatism and Kidney cures at a Washington Post promotion. Testimonials from diverse readers praise Munyon Rheumatism Cure, Kidney Cure, Cold Cure, Catarrh Cure and Dyspepsia Remedy as safe, effective, and legally compliant under the Pure Food and Drug Law.
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