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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

28

Hearst Keene Oil Strike Report From Chihuahua Mexico

News from Chihuahua Mexico reports Hearst and Keene after two years and substantial spending struck oil near Ojinaga in three wells along a north south line. Oil is paraffin base with gas used for drilling. concessions and royalties with state revenue promises are noted. Mrs Hearst holds a million acre ranch nearby and Trexel is credited with promoting the project.

Chihuahua Mexico William R. Hearst James R. Keene Ojinaga Kansas City, Mexico & Orient Rio Grande Hearst-Keene Creel Mexico City New Mexico Texas Pecos Toyah Brewster County Chihuahue Presidio del Norte Rio Conchos 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 National Economy and Currency

Former Secretary of the Treasury Leslie M. Shaw spoke to the Bankers' Club in Des Moines Iowa on the economy condemning ruthless commercial methods while praising lawful restraint He argued public denunciation of business has oversold headlines and warned against excessive European investment pulling capital away He cited the 1907 panic as proof of sound banks and proposed allowing national banks to issue limited supplemental currency taxed at 5 to 6 percent during maintenance

Des Moines Iowa Leslie M. Shaw Secretary of the Treasury Bankers’ Club Europe

Elias A Cohen Released by Court After Payment of Fine

On Justice Joseph I. Green’s order Elias A. Cohen East Side real estate dealer was freed from county jail for contempt after paying a six dollar fine. He had been sued by Empire Woodworking Co to recover 1.28 pounds on a promissory note a receiver was appointed for Cohen and he paid 30 dollars on account before sending a protest letter to the judge.

Joseph I. Green Elias A Cohen East Side Reat Justice Green Cohen Empire Woodworking Company

Royal Blue Line Trains From New York to Washington and Beyond

Timetables show Royal Blue Line trains from New York to Washington with hourly and half hour segments. Through service extends to Chicago Pittsburgh Cincinnati St Louis and Louisville with multiple daily departures and Diners Buffets Parlour Cars and sleeping accommodations listed.

Accu Pier 15 Southampton St. Louis Pau Philadelphia Pier Red Star New York Antwerp Paris Kroonland Vaderland Finland Teutonic Baltimore & Ohio R. R Royal Blue Line Baltimore Washington Y St Lfpm Royal Ltd Buffet Delly Traine Chicago Pittsburg Columbus Clevel ST_LOUIS Louisv Liberty St Bureau of Information BRB CO. R. R Chelsea

Knickerbocker Trust seeks more time for receivership plan

Counsel for Knickerbocker Trust and its depositors ask a two week adjournment as the motion to make the receivership permanent returns for a hearing before Justice Clark. Stockholders must show $2,400,000 is subscribed. 65 to 70 percent of depositors have assented to the resumption plan, with over $3,000,000 of deposits already in.

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

Provident Savings Society Faces Time Lag on New Business

Officials said the Insurance Department report shows capital impairment but does not declare insolvency. A embargo on new writing will likely last nine to twelve months, with expectations the society will recover and resume normal operations. Judge Barthh noted his clients will act after the report becomes public.

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

Fish lieutenant back in Illinois Central fight abroad

Winthrop E. Scarritt former Automobile Club of America president and now a Fish lieutenant arrived on the Cunard liner Lusitania. He said he secured proxies from English and Dutch holders including Lord Rothschild and the Otter Knoll Orphan Asylum, aiding in the Illinois Central battle against Harriman interests. Scarritt remains on crutches after a December balloon accident while ascending with Charles Rolls.

Winthrop E. Scarritt Automobile Club of America Stuyvesant Fish Illinois Central Fish Harriman Cunard Lusitania Scarritt Lycania Alexander G. Hackstaff Ilino Hendrick Loeffler Lord Rothschild English Association of American Bond and Share Holders, Ltd J. S. Morgan & Co Ralli Brothers Alfred Edwin Tates Brooks Huddersfield Holland Uliasis Central 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 reduction in intrastate passenger rates in South Carolina. The plan includes a flat 2.42 cents per mile, a 15 cent surcharge for riders without tickets, two thousand mile interchangeable mileage books at 2 cents per mile, and shorter books for individuals and families, all valid for one year. The rates will run for twelve months to test for fairness before permanent adoption.

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

Profits of U S Steel Employes Turn in Stock at Par

United States Steel Corporation workers who held five years and met plan terms can redeem their preferred stock for $82.50 a share. Many may not redeem as stock recently climbed. Dividends and bonuses total about $0 per share over the period, with an upcoming special dividend of roughly $60 per share. A G Becker joins Westinghouse creditors committee in Chicago. Jarvie may join George Westinghouse in managing properties as plans to readjust Westinghouse Electric and Manufacturing proceed.

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

Jenkins Indictment Argued in Kings County Court

Stephen Baldwin for John G. Jenkins and three sons attacked the conspiracy indictment as charging multiple crimes. District Attorney Clarke defended the legality. Judge Fawcett reserved decision. A depositor and directors committee meeting at Broadway Williamsburg may lead to reopening Williamsburg Trust Company.

Stephen (. Baldwin John G. Jenkins Kings County Court Fawcett Jenkinses Clarke Baldwin Williamsburg Trust Company No. 8&6 Broadway Williamsburg

Profit-Sharing Plan Distributes Funds to Customers

E. T. Bedford president of the Corn Products Refining Company announces distributions totaling 300 000 to 410 000 to customers under the profit sharing plan active for six months. The plan continues this year for customers who buy exclusively from the company.

E. T. Bedford Corn Products Refining Company

Kansas City Banks Order Clearing House Certificates Retired

Kansas City banks have ordered the retirement of all Clearing House certificates as the financial situation is declared unstable. The move reflects the ongoing banking strain reported this week.

The Tribune Kansas City

January Sale of Muslin Underwear Promises Big Savings

A vintage sale flyer outlines deep discounts on women and children's nightwear flannels and undergarments. Canton Flannel Drawers and Night Dresses feature ruffles and embroidery at reduced prices. Eiderdown kimonos and wool knits also discounted, highlighting notable savings to attract shoppers.

Also Mentioned on This Page

Hearst-Keene Wells MR. Shaw Bankers Elias A. Cohen Ocean Steamers North German Lloyd Plymouth Cherbourg Bremen Kronprinz E.wm Cecilie New K. Wm Kronprz Cécilie K.wr Seydlitz Roor I Bueiow Darbaros Irene Friedrich K. Albert K. Luise Genoa Hoboken LLOYD Celrichs & CO Kaiser Wilhelm der Grosse Kronprinz Wilhelm Kronprinzessin Cecilie and Kaiser Wilhelm IL Hampunc Patricia Bluecher Waldersee Amerika Hamburg Ub Batavia Moltke Gibraltar Naples Alexandria S-5 Ham Gib Italyburg West Indies & Orient Nile Service Anglo-American Nile Co Tourist Dept Italy Egypt Boston Azores Madeira Algiers Cedric Ioistons Maren Jetireable Hall Bldg Battery Pl White OLD Dominion Lime Old Point Comfort Norfolk Portsmouth Pinner’s Point Newport News Petersburg Richmond Virginia Beach Washington, D. C Plier N. R Beach St L Woodrow la Guiyra Puerto Cabello Curacao Maracaibo San Juan P. R S. Caracas Boulton, Bliss & Dallett General Managers Wal! St Paveloce Pier 4 North River 34Th St Hartfield Solari & Co Wall St Uptown 6Th Ave 14Th 125Th 76Th Tith Sts 6Ist St 1St Ave 9Th St 125Th St Tremont Ave 3D Ave Liverpool Queenstown Campanta Retania Campania Lucania Mauretania Fiume Trieste Slavonia Pannonia Carpathia Cerenia Carmania Vernon H. Brown State St Clark Orien Cadiz Seville Malta Holy Land Constantinople Athens Pome Riviera F C. Clark Times Bidg Newark Porto Ric RED “‘D Pier 11 Wall St. Ferry Brooklyn San Juan Caracas Boulton Bliss & Dallatt Wall St. Cook's Booklet & Son Thos. Cox Fall Wiver Cevccen Newport Fall River Warren St Providence Norwich Line New London St. Clarkson St St. E Tral Hudson Burg Poughkeepsie Railroads NEW Jersey Central Philadelphi Lv. W Liberty Lye. W. 23d Atlantic City Ly. W Sun Lakewood Lakehurst Long Branch Sea Park Ocean Grove 284 Astor House Fifth Union Square Court St Fulton St Nostrand New York Transfer Co W. G. Bfesler W_c. HOPE Pass Lakeville & Norf Harrington Stockbridge Lenox Pittsfield cGd Union Sq Col Kira Cf Court St Nostrand Ave 126Th St tParler Car Limited Perlor Lerigh Cortlandt Buffalo Express Affalo Cateago Toronto Buffalo Train Dry Dock Savings Institution Weearn Fourteenth Street Fifth Avenue I. C Finley U. S. Steel Jenkins 47Th clIack P. m 12Th St 14Th St N.Y 45Th ST. Tel Bryant W. H. Jordan Edwin Lentz Careful Carpet Cleaning CO East 48Th St I Tof Esks X. G. Sellew Cena Ae George B. Eddy Madison St Gorman Nassau St 66Th Sith Sts Vis Jth Sth 7Th Tith New-York Tribune Information Bureau Nearseal Stinner Spick Leew Eeener
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