29 Aug 1906
Page 1
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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Albuquerque Morning Journal
Location
Albuquerque, New Mexico, United States of America
Date
Aug 29, 1906
Page
1
The Real Estate Trust Company of Philadelphia collapses under a vast debt, with creditors and depositors facing losses. Reports claim reckless loans by a promoter and a high level of internal pressure leading to governance turmoil.
Clearing House Refuses Seven Million Loan to Real Estate Trust Company causing closure. The trust held funds for the Presbyterian church and city and state deposits totaling millions. liabilities around 10.2 million with quick assets near 2.5 million. Receiver named as securities and officer Hипple’s dealings face scrutiny amid suspected improper security.
The long serving President Hipple collapsed under the failure of loans to Adolph Segal backed by securities from the Majestic hotel Segal Swedish Steel and Pennsylvania Sugar Refining companies. Directors face questions of possible criminal prosecutions and Hipple's possible role as puppeteer or tool. Officials feared collapse at the clearing house while crowds gathered as bank and receivership papers moved to court and police were called for crowd control.
Special to the Morning Journal Las Vegas New Mexico August 28 word reached here this evening of the murder at Wagon Mound of Hernando Gonzales a prominent young ranch man found today lying face down in a lonely arroyo with a bullet wound Jose Gonzales a relative and Hilario Romero have been arrested on suspicion of the killing amid reports of a prior dispute and other evidence linking them to the crime
Denver August 28 A call for the ninth annual session of the American mining congress to be held in Denver October 16 to 19 was issued by President J H W Richards and Secretary James F Callbreath Jr Delegates from each state and territory mayors and mining and science groups are invited to send two delegates each Also notes a forest fire near Toulon with casualties in Mount Caume area and a Santa Fe engineer Garvan dying in Somerville Texas from heart failure.
Judge Fowler awards Baker Otto Et Schultze $8,000 in damages and upholds an open shop while enjoining the Trades Labor Council and members from using the unfair list. The decision finds the boycott illegal conspiracy and cites Wisconsin statute 466 A against labor-backed pressure.
News from Suan Francisco dated August 28 reports 700 strike breakers departing New York to reach Frisco as rail unions lock in support. Officials say United Railways will have no trouble hiring replacements at strike sites while ten related unions pledge mutual backing in the ongoing controversy.
Mrs Annie Moore was found murdered in a Weert Bec ond Street furnished room with brutal slashing and disembowelment. Her husband James Morris was held on suspicion though she was widow to his brother and the family lived nearby. Moore pleads innocence. The crime prompts a wide police response amid fears of a Ripper style killer.
A 19 year old sheepherder Claudio Aragon was brought to Las Vegas New Mexico from Trementina charged with beating Apolonario Padilla to death with stones. Aragon reportedly confessed to the murder and begged forgiveness from the victim's mother who could not forgive him. The case unsettles San Miguel county with no clear motive given.
Hong Kong dispatch reports American Consul General Aere asking the viceroy at Canton to suppress the boycott on American goods. He notes boycott associations have recently held several forewarnings and urges immediate measures to curb the protest.
A translated government statement warns against revolutionary terrorism and promises stern action to preserve order. It stresses legal channels to resolve unrest and asserts reforms will continue despite opposition or leadership changes.
A boiler explosion on Keith Ward Street at Spindle Top Beaumont Texas triggered a blaze that consumed storage tanks and derricks across six acres. Firefighters report the inferno under control but damage estimated around 25 000 dollars.
Havana reports government clemency offers to insurgents fail to entice many to lay down arms as war prep intensifies with trains and bridges at risk. In New Orleans, business strikes and health measures unfold as the Southern Pacific dispute prompts rapid mobilization and public health actions amid a film of political tension.
Gainesville Texas August 28 An engine collision near the Santa Fe roundhouse this morning badly scalded engineer Williams who died three hours later in a local sanitarium Williams had just returned from the Purcell freight run and was backing his engine when it struck a switched engine both locomotives were demolished Williams is survived by a wife and two daughters
New Orleans reports the yellow fever situation at New Iberia remains unchanged as Dr. Irion directs fumigation and precautions. Authorities work to locate the primary infection source while ground doctors expect success within days. St. Martin's parish lifts Houma quarantine as confidence grows.
New York reports James Farley a strike breaker has contracted to end the San Francisco street railway strike. Two special trains carrying eight hundred strike breakers departed Jersey City last night for the city.
Washington August 28 a conference between the interstate commerce commission and railroad and shipper representatives lasted most of the day. Railroads pledged compliance with the new rate law but urged more time to file schedules and to keep tariffs posted while shippers pressed for protection of interests against classification shifts and for broad commission discretion on export and import changes. The commission reserved judgment. Paris August 8 the lord mayor of London and London sheriffs visit planned for October with a banquet ball opera gala and royal reception. the public views the visit as proper with Milord Maire seen as king of London.
William Randolph Hearst charged that Jerome is acting under the influence of powerful interests tied to his campaign funding. He said the Independence League aims to destroy bosses and that Jerome’s conduct shows he prefers bosses to the people. Hearst doubted Murphy’s support and warned primary voters against boss influence.
Reports from Montgomery indicate John K. Treas of Montgomery secured enough counties to clinch the Democratic nomination for chief justice. Gray leads for lieutenant governor as W W Brandon is named state auditor. Walter Seed and Pran’s N Julian named for treasurer and secretary of state respectively.
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