Ramsay Seeks New Plan for Railway Route
Ramsay announces a revised railway plan from New York to Chicago and requests 150 million dollars in funding with foreign backing to advance the project.
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Newspaper
Albuquerque Evening Citizen
Location
Albuquerque, New Mexico, United States of America
Date
Aug 17, 1906
Page
1
Ramsay announces a revised railway plan from New York to Chicago and requests 150 million dollars in funding with foreign backing to advance the project.
New York Aug 17 Joseph Ramsey Jr former president of the Wasbash railroad arrives to discuss the New York Pittsburg and Chicago Airline with financiers He says 150 million dollars will fund a double track New York to Chicago with routes shorter than rival lines and maximum east grade of twenty feet per mile He cites foreign backing but won’t name partners and expects construction in three years.
New York August 17 executive committee of Union and Southern Pacific announced semi annual dividends on preferred and common stock. Union Pacific common dividend rises to 5 percent, with 2 percent charged to surplus and 2 percent to investment income. Southern Pacific declares first ever common stock dividend of 2 percent. Trading frenzy follows, UP climbs to around 1793 4 but retreats as brokers buy large blocks amid excitement comparable to the Northern Pacific fight five years earlier.
More than a thousand southern and western merchants toured Tolchester Maryland as guests of the Travelers and Merchants Association of Baltimore. They arrived aboard the Annaplis and regular boats and were treated to 5000 hard shell crabs, 1400 bowls of clam chowder, 500 loaves of bread, and ample crackers and pickles. Farson's band supplied music for the event. Crawford leaves Vancouver for Wellington to become traffic manager for Union Steamship at Sydney.
Santa Fe advances plans for a reading room on vacant land opposite Alvarado. A bell tower was moved yesterday and an official confirms the site is under consideration for the reading room building. Furniture and piano removals indicate earnest preparations underway.
Nine individuals have been selected for jury duty in a government proceeding. The names and affiliations are listed in official early stage records. Jurors will undergo standard qualification checks before deliberations begin.
Federal officials expect to start the investigation into railroad relations with Standard Oil in Chicago with a 16 member grand jury today if necessary. Nine jurors have already been selected. officials prefer a full panel but the inquiry will proceed despite a shortfall. The same witnesses from Cleveland and the prior Chicago panel will be subpoenaed.
Tulsa Aug 17 Robert Gal berath a leading oil operator said a three cent reduction in or by Standard Oil would halt operations in the field. New York Aug 17 William B. Ca Hill, once a noted actor, died yesterday born in Ireland and famed before joining Miss Lydia Thompson in the fifties touring the United States.
In Colorado Springs the national Typographic union convention moved past a stormy session with a compromise substitute to replace a resolution endorsing William Randolph Hearst. The measure, to be offered and expected to pass, praises editors who support union labor and notes Hearst’s clash, specifically mentioning the Los Angeles field.
Spectra New Mexico August 17 At 6 the preliminary hearing day Queen waived examination and was remanded to await grand jury action Bail to be fixed later Dwight Craig released on own recognizance as case is weak Southampton Mass August 17 The Association of the Sons and Daughters of Southampton holds annual reunion with large attendance Fireworks factory explosion in Rio de Janeiro kills twenty one men and wounds many others
Cable advices claim Valparaiso Chile suffered heavy earthquake damage with many dead and injured and fires breaking out. Reports suggested impacts comparable to San Francisco but later proved overstated as communications and office operations in Valparaiso were restored.
Brownsville citizens urge removal of Negro troops after a nighttime outrage. President Roosevelt referred the matter to the War Department for report before any action.
Minneapolis reports the Grand Army encampment weighing the possible abolishment of the canteen in old soldiers homes and a proposed Henry Wire monument near Andersonville prison. The committee on resolutions took no firm action while endorsing a Lee surrender peace memorial at Appomattox. Saratoga was chosen as next encampment site for 1907 with Archbishop Ireland elected grand chaplain.
Oklahoma and Indian Territory socialists meet in Oklahoma City for a four day encampment. Hundreds attend as daily meetings feature invited speakers Mother Jones and Maxim Gorky, who could not attend.
A large number of pilgrims will leave Boston this evening led by Rev J McAferry on a pilgrimage to Ste Anne du Beaupre shrine in Canada. They travel under the auspices of the League of the Sacred Heart of Omnas Jelarch Jamates Plain.
Chicago Aug 17 Judge Betha In Nay named Clavie president of the Central Trust company receiver of the Milwaukee Avenue Co operative store majority owned by President Stensland of the Milwaukee Avenue State in. The hand of the receiver was fixed at 150000. Also Reynolds family reunion underway in Wickford Rhode Island with a clam bake. Union Veterans elect Richard J. Gorman commander in chief with two deputies and select next meeting place by the executive committee.
Seattle August 17. Cale and Warkey, candidates for the Miners' Alaskan congress, have carried the No my country known as the second Judicial district by handsome pluralities. The election is conceded.
Washington reports the First National Bank of Chelsea Massachusetts was closed by order of the directors with Ewer appointing a receiver. The failure is linked to large loans to officers and directors. June 18 assets show loans 1.12 million, cash 57,379, deposits 679,729.
Wilmington August 17 two of three African American mutiny murder convicts from the Philadelphia schooner Harry A Berwind were executed by hanging Arthur Adams and Robert Sawyer were hanged today their accomplice Harry Scott was hanged last month in a sequence of approved punishments readied under maritime law and local justice.
In San Francisco police reports dated August seventeenth, a quartet of teen aged youths Fred Peterson 17 William Mears Walter Westwood 16 and Frank McAuliffe confessed to a string of hold ups culminating in the Ocean Boulevard killing of Fred Mullineaux last Sunday night Westwood identified as gang leader said he carried a gun in prior robberies and that Peterson fired the fatal shot when Mullineaux resisted the robbery
Santa Barbara police received news from Los Angeles that an anonymous letter claims the unidentified body found a week earlier near Santa Monica is Mrs. Clara Armstrong of this city. Horace Lawn, her brother, says she left town four weeks ago and was engaged to marry "Pouey" Horton, who located the body.
The thirty sixth annual Providence Caledonian Society event at Rocky Point drew many Scots from nearby districts. Highlights include Scottish games and dances, athletic and musical contests, and a parade escorted by the British Veterans' Association. The Highland Dress Association Pipe and Drum band headlined with David Ferrier as head piper. Steamship transport carried attendees from Providence.
A dispatch to Mrs. Herbert Wadsworth from her niece Miss Nelka Smirnoff in Finland says she is well and unaware of the case involving the Chevalier guards beating her in St. Petersburg several days ago, confirming her safety amid the controversy.
Milwaukee August 17 Under the Badger Club Herrera Mexican boxer to fight Charley Neary German in an eight round bout. Herrera earns 1000 dollars regardless of result. Anticipated large crowd as Eagles convention runs this week.
Yeomen Indiana August 17. The first annual Hoover family reunion is being held here today with several hundred members in attendance. John E. Hoover started the effort to unite the widespread Hoover families and has arranged this gathering. An organization may be formed to incorporate the group, with many branches in the middle and western states.
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