Ridgely Resigns as Mercantile Directors Amid Clearing House Takeover
The Mercantile National directors resign as officials, led by Ridgely, after a turmoil driven by the clearing house’s assertion of control over the institution. Bank liquidity tightens as negotiations for a new regime continue and stock markets reacts with heavy trading toward liquidation levels.
MENTIONED IN THIS ARTICLE
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
Berlin Financiers Calm Amid Bank Clash and Hamburg Failure
Imperial Bank committee meeting in Berlin found no decisive development after the Hamburg failure involving Haller Sochle & Co. Officers report the foreman exchanges remain unfavorable but not catastrophic for Germany. Kommerz and Disconto Bank carried about 125000 in acceptances. Imperial Bank a few thousand. Market notes show sales of 170000 shares amid cautious activity and a slight market drop, with several vacancies in land law clerk positions and ongoing examinations.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank
Haller Sochle & Co
Koch
Germany
Hamburg
Bertin
Kommerz
Disconto
Halter Sochle & Co
Tageblatt Cape Thei
Stettin
I Pacific
Market Rally Drives Stocks Higher Amid Banking Hope
The market closed strongly after a late rally with rails and industrials advancing. Investors cited improved banking sentiment as a key factor, with the average prices showing a notable gain from yesterday and substantially above a month and year earlier.
MENTIONED IN THIS ARTICLE
Rom Pacific Reading
Illnois Central
Amalgamated Copper
Hbo
War on peonage system targets Florida railroad laborers
Assistant Attorney General Russell Will oppose Demunrer to Indictment for kidnapping. States vow vigorous prosecution of peonage. Notable cases involve laborers held in peonage on a Florida Keys railroad and figures Sabbia and Triny linked to the Florida East Coast line. A demurrer in New York may lead to a kidnapping trial.
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Russell
Demunrer
Newark
Stimeon
New York
Washington
South
Bonaparte
Stimson
Keys
Florida
Florda
Qriar
Jacksonville
Florida East Coast Railroad
Sabole
Babbla
Kaye
Trity
Flagler Gulheads
Sabbia
Peat
Triny
Central Russell
Department of Justice
Federal Immigration Bureau
Meyer to Welcome Them Second Third and Fourth Class Postmasters Meet Here
Postmasters of second third and fourth class will gather in the city October 22 to 24 for their annual convention. The Postmaster General will discuss postal affairs in a welcome speech, with Hitchcock McGleary Law and others delivering addresses. Sessions at the Metropolitan Hotel and National will cover committees, papers, and discussions, with presidents of state leagues 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 Faces Presidential Prospect at Mercantile Bank
Comptroller Ridgely, returning to Washington after talks in New York, may accept the Mercantile National Bank presidency offered to him. Banking officials reportedly found the institution solvent as the New York Clearing House weighs his status and potential promotion within the Treasury system.
MENTIONED IN THIS ARTICLE
Wultam & Ridgels
Mercantile National BoDs
New York City
Metropolis
New York
New York Clearing House
Mercantile
Budgely
Chicago
Commercial National Bank
Comptroller & Office
Ridgely
Blagely
Cortelyou
Mint
Roberts
Lerch
San Francisco
Thomas P Kane
Mi ‘Ne
Kene
Aucoue City
Washington
War Department and Justice seek immediate halt to Calumet Saw Canal excavation
The War Department and Department of Justice plan to file legal proceedings to stop Chicago contractors from digging at the Calumet Saw Canal to divert the Calumet River from Lake Michigan. Army engineers report say the project harms navigation and violates Secretary of War orders.
MENTIONED IN THIS ARTICLE
War Department
Department of Justice
Chicago
Calumet Saw Canal
Calumet River
Lake Michigan
Kwan
Army Engineers
Calumet
Lake Myint
MIDSHIPMAN EVAN HOWE DIES AT ANNAPOLIS
Evan Howe of the Naval Academy fourth class died early today at the Naval Hospital in Annapolis after a short illness from blood poisoning. He was nineteen, from Massachusetts, and had entered the academy in the summer. Mrs. L. M. Howe, his mother, was expected to arrive today. The report also notes a Navy death of Peter Tryke and mentions Metcalf returning from inspection of the navy yard amid a contract dispute. The fleet pathfinders Tennessee and Washington arrived at Port of Spain en route to Rio de Janeiro.
MENTIONED IN THIS ARTICLE
Weismann
Annapolis
Evan
Howe
Naval Academy
Naval Hospital
L. M Howe
Trinidad
Boam Island
Tennessée
Washington
Bamistan Roads
Pasie
Rio de Janeiro
Delegate Named for Pan American Antillary Conference
Minister Corea of Nicaragua appoints Dr Don Gregorio Mendizanel as Nicaragua delegate to the third International Pan American Antillary Conference. The event will be held in Mexico City during the first week of December.
MENTIONED IN THIS ARTICLE
Corea
Nicaragua
Don Gregorio Mendizanel
Mexicu
Cannon May Lose Two Delegates in Michigan Rift
Special to The Washington Post reports from Washington that Speaker Cannon may lose two Michigan delegates pledged to his cause at the Republican national convention. The Fordney district in Saginaw is debated as to the validity of its instruction, with party leaders considering re‑endorsing the delegates and potentially reshaping the Ways and Means seat vacated by William Alden Smith’s promotion to the Senate. Michigan Republicans, split between Fordney’s tariff stance and broader Cannon support, face pressure from Taft rivals and Rooseveltians as they weigh local interests against national strategy.
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Forney
Whnch
Vega
Means
William Alden Smith
Washington Post
New York
Poat
Washington Y
Cannon
Joseph
Fordney
Michigan
Catmon
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Senate
Hamilton
Townsand
Taft
Republican Party
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Rougeveitte
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Foneney
Opyice
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Olvieice Po
Getter 9 JR
Washington Pest
Wasiinston Fost
Drv
Code of Law
Seteetare Ohs
Fuwigeis
Aglesborough
Edward MoneAan
Bieasiors
Hevorta Art Ehrmantraut
Dhrwantrast
UN Harvey Spaling & Gous Pacific
Stinmess
Barrett Talks on Trade in South America
John Barrett, director of the Bureau of American Republics, told Trenton business leaders that American manufacturers face strong opportunities in South America as European suppliers still dominate. He cited first year imports of machinery to South America valued at about 60 million dollars. Barrett noted Chile’s nitrate plant equipment, costing around 16 million dollars, largely arrived from Europe. Ground breaking for a new Bureau building on the old Nose property is expected in January with no ceremony. President Roosevelt will attend alongside Cabinet members, diplomats, and lawmakers.
MENTIONED IN THIS ARTICLE
Nkrom
D Gilbert
Fulton
Trenton
South America
John Barrett
Bureau of American Tapublic
Washington
Ironton Ng
Chamber of Coremerce
South
Awedon
Albert Teacham
Chite
Barrett
Europe
Youeham
Chie
Bureau of Republica
My Barrett
Roose Lelt
Diplomatic Corps
Senate
Nicaragua Population Figures From Official Census
The official census reported to Minister Carea lists Nicaragua's population at 500900. The previous census a decade ago recorded 423740, indicating significant growth since the last count.
MENTIONED IN THIS ARTICLE
Nicaragua
Carea
Munyons Great Victory Prompts Free Remedy Testing
Munyons Rheumatism and Kidney cures are distributed free in Washington Post offices drawing thousands who testify to cures. Testimonies from diverse locals praise Munyons Rheumatism Cure and Kidney Cure, claiming bed confinement and pain relief, with readers urged to write for remedies.
MENTIONED IN THIS ARTICLE
Weene
Mtr Mickel
Manyan
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