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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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