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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jan 04, 1908

Page

14

Hearst Keene Oil Strike Reported Near Ojinaga

Read of oil discovery near Ojinaga Chihuahua by Hearst and Keene after two years and expenditure over 165000 dollars. Three wells show paying oil with a paraffin base, gas used for drilling, and concessions sought for up to 200000 acres. Mexican duties affect imports. Trexel pitched the project to Hearst. Mrs. Hearst owns a million acre Texas ranch nearby.

Chihuahua Mexico William R. Hearst James R. Keene Ojinaga Kansas City, Mexico & Orient Railroad Rio Grande Hearst-Keene Creel Mexico City New Mexico Texas Pecos Toyah Brewster County Chihuahue Presidio del Norte Coahuila Santa Rosa Carlsbad N. M Tex United States Waters-Pierce Company Tampico Vera Cruz Hearst-Keene Syndicate C. R. Trexel Phebe A. Hearst

Shaw Addresses Bankers on Finance and Capital

Leslie M. Shaw, the Treasury secretary, spoke to the Bankers' Club in Des Moines on the era of financial reform. He criticized harsh denunciations of business while defending safeguards, noted few 1907-like panics, and urged careful currency policy with limited supplemental notes taxed at five percent.

Des Moines Iowa Leslie M. Shaw The Treasury Bankers’ Club Europe

Elias A Cohen Released on Court Order

On Justice Joseph I. Green's order the East Side real estate dealer Elias A. Cohen was freed from county jail after paying a 26 fine for contempt. He had been sued by Expire Woodworking Company to recover £1 18. A receiver was appointed for Cohen, who paid 3 dollars on account and sent a letter protesting the action.

Joseph I. Green Elias A Cohen East Side Justice Green Cohen Expire Woodworking

Knickerbocker Trust faces two week adjournment bid

Counsel for the Knickerbocker Trust Company and its depositors seek a further two week extension as the bid to make permanent the receivership returns for a hearing before Justice Clark. Speaking for depositors committees, officials say more than 3 million dollars have assented to the resumption plan, with 6 to 7 percent of depositors already backing it and obstacles noted in gathering wider consent.

Knickerbocker Trust Company Justice Clark Herbert L. Satterlee Parsons Depositors Comittee Knickerbocker Charles A. Conant Morton Trust Company

Provident not insolvent but barred from new business

Officials said the Provident Savings Life Assurance Society shows capital impairment in the Insurance Department report yet is not insolvent. A temporary embargo on new business is expected to last nine to twelve months while the company works to restore solvency.

Provident Savings Life Assurance Society Insurance Department Provident Society Otto Kelsey State Superintendent of Insurance Provident Savings Society Rittenhouse Colorado State Insurance Examiner Jelsey The Kelsey Barthh Philadelphia E. R F. Thomas Thomases

Fish Lieutenant Back in Illinois Central Fight Arrives in New York

Winthrop E. Scarritt, former Automobile Club of America president and Fish lieutenant, arrived aboard the Cunard liner Lusitania. He reported securing proxies for 90 percent of English shareholders in favor of Jay Gould Fish against Harriman interests, with help from Lord Rothschild and investors across Holland and England. Scarritt, injured in a balloon accident, uses crutches after a broken ankle.

Winthrop E. Scarritt Automobile Club of America Stuyvesant Fish Illinois Central Fish Harriman Cunard Lusitania Scarritt Lycania Alexander G. Hackstaff Lin Hendrick Loeffler Mr. Fish Hackstaff Lord Rothschild English Association of American Bond and Share Holders, Ltd J. S. Morgan & Co Ralli Brothers Alfred Edwin Tates Brooks Huddersfield Holland American Securities Charles Rolls Chelmsford London

Finley Lowers Rates for South Carolina Rail Travel

President W W Finley of the Southern Railway announces a voluntary intrastate fare reduction in South Carolina. The plan includes a flat 24.2 cents per mile, 15 cent surcharge for tickets not bought at stations, 2 cent per mile mileage books for firms, 2 cent per mile for 1000 mile books, and 24 cent per mile for 500 mile family books, all valid one year.

Columbia S. C South Carolina W. W. Finley The Southern Railway Ansel

Train and advertisement notices from The Tribune uptown office

Advertising and subscription details for The Tribune list uptown address at 1364 Broadway and multiple transit offices. Rail schedules cover B&O Royal Blue Line to Baltimore Washington, Royal Limited, westbound trains, and New York terminal stops with daily and weekend variations. Also notes N Y H & H Hartford and Grand Central services with ticket offices across multiple stations and cities.

The Tribune Uptown Broadway 6Th Ave 12Th St 14Th St 125Th St 77Th Sts 61St St Ist Ave 9Th St Tremont Ave 3D Ave NEW Jersey Central Philadelphia Liberty Baltimore Washington Ly. W Liberty ST Atlantic City Lakewood Lakehurst Liae ST LONG Ao Anch Ental RY Park West 234 Chelsea Astor House Fifth Av Fifth Union Square West West 125Th St Columbus New York Court St Fulton St Nostrand WiHhe New York Transfer Co W. G. Besler W.C. Hope Pass’r Baltimore & Ohio R Royal Blue Line BEXW St. Lib Y St Royal Ltd Krowee Delly Chicago Pittsburg Sam Bureau of Information Hartford Lakeville & Norf Barrington Stockbridge Lenox Pittsfield cGd. Cent Union Sq Col Ave 5Th Ave Mad Bkiyn Cf Court St Nostrand Ave tExcept iParior Car Limited Perlor Vic Wear 76Th 77Th New-York Tribune

Profits of U S Steel Employes Turn In Stock At Original Price

United States Steel Corporation workers who bought preferred stock under the 1992 profit sharing plan and kept it for five years may exchange it for the original $82.50 per share price during January and February. Despite a market high near 89, few are expected to redeem. Dividends and a future special dividend totaling about $60 per share have accrued, with additional forthcoming profits. A. G. Becker joins Westinghouse creditors' committee in Chicago, with J. N. Jarvie potentially joining George Westinghouse in managing properties as readjustment talks proceed.

United States Steel Corporation A. G. Becker Chicago Westinghouse Electric and Manufacturing Company J. N. Jarvie George Westinghouse Westinghouses

Jenkins Indictment Questioned in Kings County Court

Stephen Baldwin for John G. Jenkins Jr and three sons challenged the conspiracy indictment as multi crime, while District Attorney Clarke argued its legality. Judge Fawcett reserved decision. Depositors’ and Williamsburg Trust directors’ committees met at 86 Broadway about reopening plans.

Stephen (. Baldwin John G. Jenkins, Jr Kings County Court Fawcett Jenkinses Clarke Baldwin Williamsburg Trust Company Williamsburg

Profit-Sharing Plan Distributes Large Customer Bonus

E. T. Bedford of Corn Products Refining Company announces a profit sharing distribution to customers totaling 300000 to 410000 and confirms the plan will continue through the current year.

E. T. Bedford Corn Products Refining Company

Banks Order Retirement of Clearing House Certificates

Kansas City banks have ordered the retirement of all Clearing House certificates as the financial situation is declared normal.

The Tribune Kansas City

January Sale Offers Deep Discounts on Muslin Underwear

Pa lists room for January Sale of Muslin Underwear with opportune reductions on Canton Flannel Drawers Corset Covers Night Dresses Petticoats Skirts and Children's Flannelette garments. Prices show dramatic markdowns from values such as 59 to 2s for various items and knit wear.

Also Mentioned on This Page

Carte Rotel Martinique Williem Tanner & Seon, Inc Hearst-Keene Wells MR. Shaw Bankers Elias A. Cohen I. C Finley Cermamn Lloy Plymouth Cherbourg Bremen Kronprinz Cecilie New Cecilienw K. Wm Kronpriz Cécilie Naples Genoa Gibraltar K. Larise Neckar Irene Irene Friedrich Friedrich Albert Ilgiers Wmits Enoa Hoboken LLOYD Oelrichs & CO Louis H. Meyer Walnut St Phila Kaiser Wilhelm der Grosse Kronprinz Wilhelm Kronprinzessin Cecilie and Kaiser Wilhelm IL Patricia Paris Amerika Hamburg Ingnew S Am Batavia Moltke Alexandria Lowing Pier 15 N. K Southampton St. Louis Paul RED Star Antwerp Kroonland Vaderland Finland Zeeland Nstown Liverpool Celtic Southampton Adriatic Majestic Teutonic Italy Egypt Azores Madeira Algiers Republi Whitehall Bidg Battery Pl Dominion Lime Old Point Comfort Norfolk Portsmouth Pinner's Point Newport News Petersburg Richmos Virginia Beach Washington, D. C Pier 26 Beach St L Woodrow la Guiyra Puerto Cabelio Curacao Maracaibo San Juan P. R Caracas Ia Guayra S. Zulla S. Maracaibo Boulton. Bliss & Dallett Wall St. S Ap & Veloce Pier 64 North River 34Th St Hartfield Solari & Co Wall St Pratt Gan Tith Queenstown Campania Retania Lucania Mauretania Fiume Trieste Slavonia Pannonia Carpathia Carmenia CarMania Vern H. Brown State St el Ee Coe Ae Porto Rico RED Pier 11 Wall St. Ferry Brooklyn U.S. Caracas U.S. Philadelphia Boulton, Bliss & Dallatt General Managers COOK Thos. Cock & Son Fall River Bosio Newport Providence Warren St Norwich New London St. Clarkson St E.R. St Central Hudson Line Newburg Poughkeepsie Kingston Pier Railroads Legion Footer Cortland Daily Sunecena Buffalo Express Affalo Chicago Express Brick Cateago Toronto Express Tand Desbrosses Sus Banksoobs Dry Dock & Institution Nearn Fourteenth Street Fifth Avenue U. S. Steel Jenkins Carpet Cleaning Works West 45Th ST Edwin Lentz W. H. Jordan East 48Th St COE & B NDT Salki Wes Sks I. G. Sellew Fulton George Buddy Madison St Rypewriters Gorman Nassau St Cortlandt Viennas Meltons Kerseys Nearseal Coats Skinner Copenhagen
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