Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1904-02-13
REsum,Ne NORMAL CONDITION.
Baltimore Gradually Recovering from
Effects Of Fire.

3uCSeS W
Baltimore Md, Feb. 1.-THE bust
ness situation appeared much brighter
today. The regular transaction OF
business in the Chamber of Commerce,
the receipt of grain by elevators and
the payment of all checks by banks
were events that sent thrill of genu-
inc confidence through the business
community.
Secretary Shaw's response to the
call for currency has excited the ad-
miration of all financiers here. By his
prompt action all obstacles were sweIr
away and Assistant Secretary Treas
urer Dryden, in Baltimore. is able to
furnish any amount Of money in any
denomination desired.
A conference will be held, tomorrow.
between the governing committee of
the Stock Exchange and the executive
committee of the Clearing House, for
the purpose of arranging for the re-
sumption of relations between brokers
and banks.
The offer Of a New York insurance
company to lend S2.OOO.O0O in Baltimore
for rebuilding purposes is Il striking
illustration OF the readiness of outside
capital to invest in this city.
The stupendous task of clearing the
piles of brick, mortar and rubbish from
the streets in the fire-scourged dis
tI-ict was pushed forward. today. with
marvellous energy. Quite Il large num-
Der OF walls were demolished, today.
Workmen tore down the immense col
umns of the Baltimore American office
and the massive iron Orders of the
Baltimore Sun building.
The work of emptying the safe de-
post vaults in the ruined buildings
has progressed rapidly. An escort of
cavalry accompanies TIE wagons in
which the treasures are hauled. Sharp
shooters in plain clothes ride on the
wagons and detectives follow closely
on the sidewalks.
Clerks of the bank owning the valu-
ables are also on the wagons with re-
volvers. The police are alert and it
isimpossible to get within 10 feet of
these vehicles.
All the local courts resumed business,
today, jury trials will be resumed and
the grand jury will re-assemble on
Monday next.
Baltimore. Md. Feb. 12-Baltimore
is generally rtsuming it's normal condi-
ton. All the banks are opened. today.
in their temporary quarters well sup
;licd with funds to meet the demands
for weekly pay rolls and for all ordi-
nary needs. Hundreds of deDositors
were at the banks early with checks
which We're promptly cashed. Next
Monday the regular clearings will be-
gin. The vaults Of all the National
banks in Baltimore have now been
opened. the last one having been in
Spcctcd. today. and i'm each the con-
tents wera found to be unharmed.
'has. G.. Homer, president of the clear
ing association has expressed himself.
today. as being more hopeful than ever
as 10 The quick restoration OF healthy
financial conditions in Baltimore
+" minimize as far as possible the
hardShipS under which the inhabitants.
now suffer. Mayor McLane and his
municipal associates have decided to
temporarily suspend the collection of
taxes and water rents. it having been
discovered that the city has enough
money on hand. as the result of large
collections in January to meet all re-
Hurem"nts for an indefinite period.
Mayor McL&nc has called a. special
session of tn" city council to meet, to-
night. to consider whether any lagis-
iation is needed in the matter of the
condition for the re-alignment Of
public thorouEhfara in the burned dis
trict and the reconstruction of build
inES. Several insurance claims were
uaid. today. and leading agents here
say that at least SlOc000OO have al
ready been paid out and that many
millions i'll checks have been received
here and are now on deposit ready to
be paid out after some partial adjust
mcnt- have been made. They state
that the big companies have deposited
much larger amount in New York
subject to the order of agents
Ut a conference held. today, between
Mayor Robert NJ. McLane and the cit
liens committee it was decided that
no call would be made for outside as
sistance to relieve the distressed sit
Eation caused by The fire. IF it is founl
necessary later ON the municipality
will float n loar to meet all needs.
conference was held, today. be-
tween Mayor Robert NJ. McLanc ana
the board of public safety at tn" con-
clusion of which it was announced shat
no permits tn build in the burned area
would be issued for the present.
The question of widening some Of the
ctreets and an examination Of plans foi
fireproof buildings arc matters that will
have 20 be passed upon by the board
before any permits to build are issued