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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Oct 24, 1908
Page
8
A fragmented notice references locations on Warren Street and 13th Street with additional mentions of 34th Street and a sequence of numbers 258 842 1302. No clear event or action is provided in readable text.
William B. Ridgely as Controller of the Currency warned President Alfred H. Curtis and the National Bank of North America directors in 1906 1907 that excessive loans to Morse and related companies risked the bank. He cited specific loans to Circle Line Mercedes Import and others, urged adequate collateral, and noted directors backed Morse. John W. Gates defended the bank's credit practices, while Morse interests faced scrutiny in the Morse Curtis trial.
Pittsburg October trial opens for William Montgomery cashier of the Allegheny National Bank charged with robbing 463000, while the bank admits a total shortage of 2460000. Directors testified to his confessed taking and alleged further losses. The crowded courtroom and potential weeklong proceeding focus on Montgomery’s forthcoming testimony.
Attorney General Bonaparte received a partial report from Chief Examiner Finch and Special Attorney Lawrence of the Department of Justice. They went to Waynesburg to examine the Farmers and Drovers National Bank case against former cashier J B F Reinhardt. Investigation continues.
Sir Caspar Purdon Clarke told the Principals Club at the Hotel Astor that the Metropolitan Museum of Art will support public school instruction with a new lecture theatre and trained guides. Superintendent Maxwell endorsed school benefits but urged commissioned lecturers and practical art education linked to industry. About one hundred attendees heard a luncheon follow the meeting.
Washington official orders national bank examiners to summon directors during each bank visit and question them on twenty five points. The move seeks clearer disclosure of directors' involvement in bank management and compliance with banking laws. It marks the first comprehensive inquiry into bank director relations.
Maurice Tannenholz, jeweller of 755 Lexington Avenue, remained seriously ill after being shot by a robber who escaped with 4009 worth of diamonds. Inspector McCafferty ordered 200 detectives to pursue the thief, while Tannenholz's stepson and a gallery search aid the identification effort. Officials question the escape route with taxicab records and pledge intensified police action.
The Public Service Commission affirmed its June decision denying Long Acre Electric Light and Power Company authority to issue 10 090 000 in stock and 59 000 000 in bonds. The company will likely appeal to the U S Supreme Court. The commission also denied New York City Interborough Railroad Company car hours request and favored longer headways to improve service.
A speaker evokes past leaders from Lincoln to the sixties and cheers a current candidate who denounces alliances with gamblers and wreckers. The crowd declares loyalty to the people and votes with resolve, recalling decades of political memory and dedication.
The piece cites 7 of every 100 Americans injured annually and notes New York surface and transit injuries average 34,000 yearly. Railroads cause many injuries, with 107,000 seriously injured and 10,046 killed nationally. NYC public carriers injured 5,280 monthly. Ocean liners are surprisingly safe, though sea collisions deter underwriters.
The Minnesota and Ontario Power Company was incorporated in Minneapolis with 7 million dollars capitalization to develop idle water power and supply electricity. It contracts J G White & Co for a dam and hydro electric stations at International Falls and Fort Frances and for a ground wood sulphite and news print plant. Directors include Edward W Backus and William F Brooks of Minneapolis and Warren Curtis and John A Davis of New York.
Two hundred fifty Westminster College students issue an ultimatum to the faculty threatening to withdraw unless eight hazing offenders are reinstated. Two freshmen with revolvers interrupted a sophomore reception. the president notes his son was involved. At a night faculty session the school agreed to suspend hazing and reinstate the offenders.
City officials consider delaying the Spuyten Duyvil Creek bridge to honor Henry Hudson. The Board has $3,000,000 set aside but seeks land approvals. timing pushed past next year’s memorial celebration as officials cite non urgency within transit plans and competing city needs.
The notice lists ships sailing from New York and San Francisco to Hawaii Japan Corea China via various routes. It provides dates and 6:30 pm sailing times for Alaska Pacific routes to Pacific destinations including Australia New Zealand Fiji Islands New Caledonia Tahiti and Marquesas Islands.
Speyer and National City Bank launch a public offer of 20 million dollars in 35 year 4 percent sinking fund gold bonds for the Institution for Encouragement of Irrigation Works and Development of Agriculture in Mexico. Bonds guaranteed by the Mexican government with a 5 percent application payment and a November 2 subscription date.
A long shipping list reports multiple steamers with routes from Jacksonville Charleston New Orleans Montego Bay and more. Quarantine exits noted for Apache Proteus and Egida while several lines including Hamburg-America Cunard White Star and Munson announce cabin and steerage passengers and cargo movements.
At Hampton Beach the Boar's Head Hotel suffered a severe fire causing up to 20 000 dollars in losses. Ten visitors dining inside escaped unharmed as did the Fuller family and staff. In Saratoga the New York Assembly of Mothers Clubs condemned yellow papers and funny sections and urged trade schools under local boards of education.
The St Paul was 670 miles east of Sandy Hook at 7 am yesterday and expected to dock around p m Sunday. The Amerika lay 700 miles east of Sandy Hook at 1 2 pm yesterday and due later Sunday. The Minnetonka, 1 200 miles east at noon yesterday, should reach port by 2 pm Monday.
A collage of ship calls and passenger movements shows arrivals at New York from Barcelona Naples Rotterdam Cherbourg and more. Vessels include Regina Elena Kaiserin Auguste Victoria Noordam and Baron's crew with passengers bound for Genoa Naples Libau Hamburg and Shanghai over late October.
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