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This newspaper page contains 19 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 14, 1908

Page

28

New York Clearing House Considers Trust Companies Joining

The New York Clearing House Association voted unanimously to admit trust companies maintaining a 25 percent cash reserve, with an associate option at 15 percent. A three month delay exists on wider adoption pending Albany action. Some leaders remain cautious about joining.

New York Clearing House Association Albany Clearing House State of New York Tiis Association Bank Clearing House Association Hughes Clark Williams Tribune Nho Advantage Stearing House Twentyix Trust Bermuda Florida Cuba Mexico Japan Havana China Egypt Holy Land Europe THOS Cook & Son Broadway Madison Ave Fifth Ave Windsor Arcade Cook’s

Security Oil Co. Linked With Standard Oi Monopolies

Hearings reopen in government suit alleging Standard Oil dominance. Government lawyers press links to Security Oil Co of Beaumont Texas and its balance sheets and sales sheets. Witnesses cite pipeline controls and intrastate operations amid 1910s regulatory changes.

Standard Standard Oi Messrs. Kellogg Morrison Security Oil Company Beaumont Tex Howard Bain Security CW. Bartis Tidewater Oil Company Bayonna George Chesebro New York-New Jersey Eeactrys

Loom workers strike at Beclox Carpet Company mills

In Sewell Mass January 15 workers at Beclox Carpet Company mills walked out asserting nonunion laborers filled union positions. Sixteen loom fixers were employed and joined the strike leaving nearly all mill employees idle.

Sewell Mass Bieclox Carpet Company

Garfield-Pathe Frères Incorporation in Illinois

Secretary Rose of the Etre Department issued a license to incorporate in Illinois today to Pathe Freres of Jerrey is with capital stock of 11000.00. Headquarters in Chicago.

Telecrenh the Tribune Sermefield I. Jan i Rose Etre Depertment Ilinois Todsy Pathe Fréoes Jerrey Otivago

Citizens' Telephone Company of Rotarvia Placed in Receiver

Cincinnati report states the Citizens' Telephone Company of Rotarvia in Clermont County was placed in receivership. It lists capital stock around 19 million dollars and notes the firm’s assets valued at about 211 thousand with operations shown at a loss.

Cincinnati Citizens’ Telephone Company of Rotarvia Clermont County W. Guy Sones Stockhelder

Maclay & Co Suspended Over Thomas Firm Collapse

Robert Maclay and Co members of the Stock Exchange, with offices at 71 Broadway, suspended amid Orlando and Edward Thomas financial troubles. Liabilities total 1.5 million, chiefly bank loans secured by securities. The firm expects a brief resumption of business and denies market-wide impact.

Robert Maclay &O The Stock Exchange Broadway Orlando F Edward R. Thomas Harold H. Weekes Columbia Alfred B. Maclay Robert Maclay Thomases Western Ice Company Knickerbocker Trust Company Provident Life Thomas-Heinze-Morse Messrs. Thomas McBurney Knickerbocker Maclay Thomas, Maclay & Co Robert Maclay & Co Thomas Brokers

Bank Management Loss At Consolidated National Bank

William Allison, president since last November, says former management caused a 245000 loss written off to profit and loss on advice of the Controller. He asserts the bank has never had a fair trial and that his activity in two and a half months surpassed that of five years by predecessors.

Willian Allison Orlando F. Thomas Consolidated National Bank United States

Knickerbocker Trust Plan Gains Broad Depositor Assents

Progress toward reopening the Knickerbocker Trust Company was reported with more than 1,000,000 dollars from small depositors. Depositors were urged to act promptly as new management and five year terms will be chosen by three high standing trustees, while supporters praised the plan over receivership.

Knickerbocker Trust Company Henry ©. Frick Myron T. Herrick Lewis C. Ledyard Brackett G. F. Harvey Company

B and C May Lose Chicago Terminal

The Baltimore and Ohio Railroad may forfeit the chance to acquire the Chicago Terminal Transfer Railroad Company as a cash shortage delays payment. A minority stockholders committee seeks time and a stock deposit to guard investor interests while the money market tightens the $16,000,000 investment and $25 per share price.

Baltimore & Ohio Railroad Chicago Terminal Transfer Railroad Company Baltimore & Ohio Baltimore Qijo

Southern Railway to Cut Pay of Top Officers

President Finley announced that due to falling business and reduced revenues the Southern Railway Company will reduce pay by 10 percent for the president vice presidents other general officers and their office staff effective February 1 as part of a broad expense reduction program.

Washington Finley The Southern Railway Company

ASK NORWALK COMPANY BANKRUPTCY

creditors petition in the United States Court to adjudge Norwalk Steel and Tron Company bankrupt following receivership proceedings. They allege debts total 760000, insolvency, and transfers of property to American Steel and Iron Company and Charles R. Brown to delay settlements and defraud creditors.

Toledo Norwalk Steel and Tron Company Norwalk Ohio United States Norwalk Company American Steel and Iron Company New York Charles R. Brown Yonkers

Railroad to test eight hour law in Milwaukee case

District Attorney Francis B. McGovern filed a criminal action against the Chicago Milwaukee and St Paul Railway Company alleging a telegraph operator worked more than eight hours. The eight hour law carries a fine of 500 and the railway seeks to test the constitutionality of the statute.

Milwaukee Chicago, Milwaukee & St. Paul Railway Company Francis B. McGovern

St Paul Coast Extension Advances to Northwest

A. Miller, general passenger agent of the Chicago Milwaukee and St Paul Railway, reports progress on the coast extension. Sunday service began between Marnuarth North Dakota and Bowman area, with local trains set for Hewbowten and Musselshell Montana. Rail expansion aims to run from St. Paul to Burte and toward Seattle, with completion anticipated soon.

A. Miller Chicago, Milwaukee & St. Paul Railway Als Road Burte Mas Seattle

Denial by Mr De Forest on coal lands postponement

Robert W. De Forest vice president and general counsel of the Central Railroad of New Jersey denied any request by coal carrying roads to delay enforcing the Hepburn act commodity clause. He favors prompt judicial review and cooperation to obtain a decision. Washington Jan 13. Senator Tillman’s resolution on stock ownership and traffic competition was passed by the Senate.

Robert W. de Forest Central Railroad of New Jersey Washington de Forest Tillman Interstate Commerce Commission Senate Aldrich Commission

No Private Capital For Subway Extension

Commissioner Eustis of the Public Service Commission told a Williamsbridge delegation that city funds cannot back the West Farms branch extension and private capital would be unlikely. He urged attending Friday hearings where amendments to the law will be requested from the public. Westchester interests had pushed for the extension but now support Williamsbridge receiving the West Farms line without opposition.

Eustis Public Service Commission Williamsbridge West Farms Westchester Lexington Avenue Westchester District

Plans for Permanent Tenants Union Formed

The executive committee of the Anti-High Rent League of the Socialist party discussed creating a permanent Tenants Union. The plan calls for district unions uniting Harlem Bronx Brooklyn and Manhattan tenants. Meyer Gillis would appoint a committee to meet with other tenants leagues. He argued landlords mistook tenants as unable to claim rights and stressed permanent organization to resist unjust demands.

Tenants’ Union Harlem Bronx Brooklyn Manhattan Anti-High Rent League Socialist Party Society Henry Street Meyer Gillis Gillis

Italian Banker Bankrupt After Filing $16,000 Bond

Charles N. Judson became receiver for Emanuvue 3. Ferrara, an Italian banker at 406 East 13th Street, after he filed a voluntary bankruptcy petition in U S District Court. Debts reach $59,62 with assets of $37,377 including bills, cash, stock, and other goods. Creditors include North German Lloyd Steamship Co. and Ludwig Baumann & Co. Nearly a thousand Italian depositors claim amounts as small as $1.90 each.

Charles N. Judson Emanuvue 3 Ferrara East 13Th Street United States District Court Liegd Steamship Company Ludwig Baumann & Co

Wisconsin Central United States Steel sale denied

Officials from Wisconsin Central and United States Steel deny any pending negotiations or knowledge of a reported sale of the Wisconsin Central Railway. W. A. Bradford and T L Chadbourne Jr made statements at their respective offices denying the deal.

Wisconsin Central Railway United States Steel Corporation W. A. Bradford Wisconsin Central T L. Chadbourne, Jr

Bankruptcy Petitions Filed in District Court

Yesterday filings show involuntary petitions against Moses Sorkin, quilt maker of 9% White Street, and Christ Paraskevopoulos, florist of 241 Avenue A. Creditors include Gilbert Manufacturing Co and Halstead & Co with large claims. receivers named for several firms. schedules list debts, assets, and principal creditors, with assets ranging into thousands and real estate and stock noted.

Moses Sorkin White Street Gilbert Manufacturing Company Sherman & Sons Company W. B. Conrad Emil E. Fuchs Christ Paraskevopoulos Avenue A Halstead & Co Samuel Berenbaum

Also Mentioned on This Page

Trust Companies Security Oil CO Senator Crane Paper Company Minefield Zenas Crane Cos Peederick G. Crane Dalton Ihr Beten-Burlbut Pittefield Wien Seton, Crane & Pike Paper Company Transportation CO Resten Rotert Homans Wee Melis Coast Transportation Company Maine Illinois Telephone Company Maclay & CO Consolidated More Knickerbocker Brackett Inctorses Chicago the Record-Herald Southern Railway ASK Norwalk Company Railroad ST. Paul Coast Extension Ocean Steamers Cunard Line Carmania Caronia Madeira Gibraltar Genoa Naples Alexandria TRE Cunard Steamship Co., Ltd Boston Minneapolis Martinique MR. DE Forest Subway Wisconsin U. S Marcus Helfand Chester T. Neal Philip Levine Julius Shapiro Charlies Colburn Derbyshire Morris J. Trapane Allen Tobacco Company FR. G. Sullivan Sir. Wiliam Louis Salkin No. S Hester Street Frank E. Silverman Philip H. Rosenberg Samuel Greenberg Rortn Cerman M LLOYD Plymouth Cherbourg Bremen Cecilie New Ceciliewnw Kroapr Cecilieview K.wm Kaiser Gacuiterranean GIB Star Genca Algiers Friedrich K. Luise Neckar Albert Irene Hoboken North” German Lloyd Marseilles Levant Rovnl Constanza Constantinople Smyrna North German Lloyd Oelrichs & CO N.Y Louis Soutampton St. Paul St. Louis Phila Ici Ae Asa Flor Ae Antwerp Paris Naderland Kroonland Zeeland Finland Cherr Southampton Adriatic Italy Azores Cedric Whitehall Battery PI Gunard Lines North River Liverpool Queenstown London Mauretania Campania Lusitania Etruria Lucania Fiume Trieste Slavonia Pannonia Carpathia Vernon H. Brown State St Clark Orient F. C. Clark Times Ridg Fall River Providence Warren St Province New London New Haven North E. R New Hampshire Railroads Jersey Gentral Philadelphia Ly. W Ares Liberty E 'Sb Anly Atlantic City Liberty ST Lakewood Lakehurst Long Branch Asbury Park Ocean Grove Lo. W. 2d ST Tel Chelsea Astor House Broadwa Fifth Union Square West 125Th St Columbus Av Court St Fulton St Nostrand Williamsburg New York Transfer Co W. G. Rfsler C. Hope Pass’r Hampurc Americas Hamburg Amerika P. Lincoln Moltke Batavia Mar Nile Luxor Assouan Anglo-Am S. S. Moltke Cadiz Malaga Hamburg-Americ Way New Orleans Southern Pacific OLD Dominion Line Oi Point Comfort Norfolk Portsmouth Pinner’s Porto Rico RED Pier 11 Wall St. Ferry San Juan S.S. Philadelphia Caracas Boulton, Bliss & Dallett General Wall St la Guayra Puerto Cabello Curacao San J B.S. Caracas Maracaibo Calluan P. R Zutia LA Veloce Naples Direct Nd America Nord America Europa Citta di Torino Haertfield Soladi & Co Riviera France Orie: Ofsieatine Turkey Greece Republic Employment Bureau West Bryant St. Mack's Lexington Ave E. Cor 58Th St Plaza Winthrop Employment Bueaur York Isabel A. Anderson Ltimore & Ohio R. R. Royal Llue Sipers Buffet “Royal Ltd Pittsburg Columbus Clevel'd Pittsburg Limited St.louis EXTER Washington, c Greenwich St Union Square W Grand St Bureau of Information St. Lib*y St Elsom Vis Lakeville & Norf Barrington Stockbridge Lenox Pittsfield Gd. Cent Union Sq Col- Ave Mad Bkiyam C. Court St Nostrand Ave 12Th St 125Th St Ec Perler Lehigh Valley Acortlandt Desurusses ALVIN Buffalo Express Aare Farrticulars Applyggins Co DEY Goods Fourteenth Street Fifth Avenue Cambric Nainsook KIRTS Maslin and Cambrie Point de Paris Torchon Vail Wallace Namcook Aieg B. L. Solomon Louie Los H. S Lonsdale Roth Yard Bears Eacelient
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