Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1904-02-18
BALTIMORE'S Big FIRE
Monumental City Recovering From Ef'
fects OF corflagration.
TOTAL Loss PUT AT slz5,ooO,eOs.
coufdsscs and Hop. Has Been Restored to
tigh Degree BY III. knowledge That All
the CASH aud Securities In the Vaults OF
tbe Destroyed Financial institutions Are
Safe and Sound.

Baltimore, Md, (SpcciaD. Baltimore
has experienced one OF tue greatest cal
antilles that ever bcfcll city in this
country. Hundreds Of its handsrmrs'
buildings are in ruins, its business see
lion almost totally destroyed, and thous-
onds of people are thrown out of employ
ncnt.
The fire started on Sunday morning at
1890 a. m, and ragged with unccasin@ 9
vigor until Tuesday morning, when the
'itv fire department aided by detach'
mcntS from New York, Philadelphia,
Washington, Wilmington and other
titles, succeeded in getting it under con
troll
PERIL POINT SAFELY PASSED.
The Citv's banks are now open and
arc paving ont money. Business houses
are receiving orders and are Conlldcni "l
filing them Streets in the ruined ter.
ritorv are being cleared by thousands o..
workmcn aud altogether great steps
have been taken toward recovery from
the effects of the conilagaration.
Confidence and hope has been restored
to "A high degree by The knowledge that
all the cash and securities in the vaults
Of the DESTROYED financial institutions
are safe and sound and can be rni to use
Immediately.
Federal troops have replaced the state
nj lin and guard the wealth which l.
brin" taken from former dcpnSioricS
into temporary quarters where affairs
H,n row being conductcd
Excitement and worry have given
away 10 zeal and enthusiasm for TIC
WORK of making new Baltimore,
SOME INSURANCE PAID.
The insurance companies are also co.
oprrating with the bank people in thcil
efforts TO relieve the financial situation
The largest companies and some "l inc
smaller ones. too. have decided to i'm
mcdiatly pay 20 per cent. of the amount
of The claim presented To thrm where
the loss WAS total, or nearly 50, leaving
the remainder to he paid after III" inSur
ancc has been finally adjusted. This VIII
enable many business men To resume
business at temporary quarters wh'
have not the means to start to go Ahrao
with their arrangements. y Few SmaI.
claims have been paid by some com.
panieS.
There was an enthusiastic meeting -!
ciiilrus. too, for the purpose Of con>lI.
crinp the general situation +. lay
Timanus, president of City Council was
chairman The sense Of the meeting
was this and this practically tells the
prevailing spirit Of the people. and
winds up the story Of the day " Instead
of drspairinc, wen hustle. Instead Of
,;,,r ny ,,,r h,Siposu cVnn in This time
OF. stress, wen reach out for more Wen
stick bv one another, and show the
world what Baltimore men are made OF.
S:i5, ,623 900 IN TIE VAULTS.
4 fairly accurate estimate of the vast
wealth buried in the vaults of the wreck
rd banks and trust companies may he
had from the following compilation OF
figures taken from the last report OF the
United States Comptroller of the Cur.
rrnc,: United States bonds, -, so, 900,
ether securities, %3l Oj3 600, total @35,.
81, 900
All of this great amount is safe, There
is supposed to b" even more securities i'll
the district than those named As il is,
the currency kept there must be added
10 these figures
rura loss 40 $l25, O0o, 600
One of the expert insurance ad iuStcrs
here says:
The aggregate of loss mcntinrd by
each company has undoubtedly been I'M.
dcrcstimatcd. am convinced that the
total actual loss will be 1925, O0O. OoO, of
which the insurance companies VIII lose
probably so, 000. 900.