The Oakes times. [volume], October 24, 1907, Image 2

About The Oakes times. [volume] (Oakes, N.D.) 1906-current

Image provided by: State Historical Society of North Dakota

                
BUSINESS CARDS
DR. M. E. GALE
Resident DentUt
Offices in
Kennedy Block, next to Postofflce
Oakes, North Dakota
W. 8. Wickersham. F. J. Graham.
WICKERSHAM & GRAHAM
ATTORNEYS AT LAW
notice in all Courts. Collections attended
to. Money to Loan.
Offlce in Lockie Block OAKIS. N. DAK
SG. OADY,
Attorney at Law,
ractice in all the Courts in the State. Ool.
lections Made a Specialty, and
Given Prompt Attention.
OAKES, NORTH DAKOTA
ROOT & LADD
Dray and Transfer
Will give strict attention to all business en
trusted to us, and Kuaraneee
satisfactory service.
OAKES NOKTH DAKOTA.
W. D. POTTER
EXPERIENCED AUCTIONEER
Beferences: First National Bank of
Oakes. Phone Republican Office
OAKES, NOBTH DAKOTA.
AUCTION
When you want sales ciied call on
me. Satisfaction guaranteed. Phone
Olson's store at Glover or Marshall
McCartney Co. at Oakes.
ALEX ricPHAIL,
Glover, N. D.
HEREFORD BULLS.
Pure blooded Hereford bulls of
serviceable age for sale at reasonable
prices at
THE EATON FARM,
424 Ludden, N. D.
MRS. W. H. BUSH,
Teacher of the Piano
Prices Reasonable, and Careful Attention
Given to the Instruction of
Children.
Oakes, North Dakota.
OHR. PETERSEN.
ar Manufacturer.
Cig
Full Line of Pipes, TobaccoB and Hmok
Const
ers Goods Constantly on Hand.
Shop on Union Street.
OAKES, NORTH DAKOTA
A RSH ALL-M' CARTNEY CO.
Dealers in
REAL ESTATE.
Oakes, North Dakota.
If you have a farm or unim
proved lands for sale, or want to
buy lands, call and see us.
Office, First National Bank
OAKES, NORTH DAKOTA
Build Yourself a Home
Call at my office and get
new plans for building yourself a
home through the American
Real Estate Investment Loan
Company. Holders of contracts
can make their monthly pay
ments to me and save sending
passbooks to Minneapolis to'be
receipted.
W. A. PANNEBAKER
Bonded Agent
REI5TLES PLATE5 ARE RIGHT
REI5TLE5 RATES ARE RIGHT
FRANK REISTLE
ENGRAVER AND ELECTROTYPER
MOM
ni4
U20-24mumtwct
ptuvm.
COLO
nURPHE
Financial Upheaval in New York
Decidedly More Favorable.
BANKERS CONTROL AFFAIRS
Look After Unexpected Big Debit of
Mercantile National and Force the
Helnze-Morse Crowd Completely Out
of the Institution.
New York, Oct. 22.—The disquieting
banking situation, which for several
days has threatened some of the lead
ing speculative banks and has caused
apprehension throughout the banking
community, shows a decided improve
ment. There was no heavy run on
any of the banks, business proceeded
without evidence that public confi
dence hnd been seriously shaken and
the reports of the clearinghouse, al
though not very favorable as to the
bank chiefly affected of late, the Mer
cantile National bank, showed on the
whole that nothing In the nature of a
banking crisis was imminent. Chief
Interest centered in the meeting ot
the clearinghouse committee, which
balances the debits and credits of the
various banks, thus furnishing a pretty
close Indication of their business
status. The committee was In ses
sion more than' an hour. It soon be
came known that the debit balance of
the Mercantile National bank amount
ed to about $1,900,000, which was con
siderably more than the clearinghouse
had expected. However, this unfavor
able item was offset by the fact that
the debit of the bank represented the
business of the last week, when the
Helnze-Morse regime was In control.
Therefore the clearinghouse took
prompt steps to meet it, thus giving
the nnw management the support
which had been promised. The debit
balance of the National Bank bf North
America was found to be $850,000, of
the Mechanics and Traders* bank
H?.0,000 and the New Amsterdam Na
tional bank $200,000. These balances
were not such as to require the assist
ance of the clearinghouse, as the
banks themselves were quite able to
handle the amount. When the com
mittee adjourned It was announced
that all obligations of the day had
been met.
In view of the foregoing showing
the sentiment in and about the clear
inghouse was one of buoyancy and
confidence and this was soon reflected
by a marked improvement In the
stock market.
Manager Shearer said that the
clearinghouse now had the situation
well in hand and that the general
status of banking in New York would
undergo decided improvement from
now on as a result of the safeguards
adopted.
RECEIVER~ASKED FOR.
Proceedings Begun Against Firm of
Otto Heinze & Co.
New York, Oct. 22.—An involuntary
petition in bankruptcy has been filed
in the United States district court
against the firm of Otto Heinze &
Co., brokers, whose suspension from
the stock exchange was announced
Ipt week after they had refused to
accept a block of United Copper stock
purchased for them by the Arm of
Gross & Kleeberg. There has been a
disagreement between the two firms
as to whether the claim of Gross &
{Cleeberg against Otto Heinze & Co. is
legal.
The petitioning creditors are Will
iam H. Robothaum, as assignee of the
firm of Gross & Kleeberg, with a
claim of $325,373 Leo Wise, who has
an assigned claim from Edward V.
Brolcaw in the sum of 60 cents, and
Frank A. Barnaby, who has an as
signed claim from Hershfleld & Stern
for $2,901. They allege that Otto
Hninze & Co. made preferential pay
ments to the Merchants' National bank
of $2,000,000 of assigned securities and
also made other preferential pay
ments which aggregated about $100,
000. It is also claimed that valuable
securities were assigned to F. Augus
tus Heinze and Arthur P. Heinze to
secure antecedent indebtedness and
because of an anticipated suspension
of the firm by the stock exchange.
The appointment of a receiver was
asked.
INDICATES WITHDRAWALS.
Heavy Indebtedness of Certain Banks
to Clearinghouse.
New York, Oct. 22.—The Mercantile
National bank owes the clearinghouse
on balance $1,900,000. The National
Bank of North America owes the
clearinghouse $850,000 on balance.
These sums were unexpectedly large
and indicated that heavy withdrawals
were being made from these two
banks. The sum owed by the Mer
chants and Traders' National bank
was $430,000 and that owed by the
New Amsterdam National bank $200,
000.
At a subsequent meeting the clear
inghouse committee decided to assume
the responsibility for the Mercantile
National bank's large debit balance.
This is the third consecutive day in
Which the associated banks have gone
to the assistance of the Mercantile.
Death Message Results Fatally.
St. Joseph, Mo., Oct. 22.—When
Mrs. Jonathan Culp, at Oregon, Mo.,
reoeived a telephone message saying
her daughter, Mrs. Silas Allen, had
been killed by a shock from an elec
tric light wire she dropped dead.
Mother and daughter will be burled In
the same grave.
REVERT TO SAVAGERY.
Canadian Indians Strangle and Burn
Helpless Tribesmen.
Winnipeg, Man., Oct. 17.—That In
dian tribes living within a few hun
dred miles of Winnipeg have reverted
to the most brutal savagery was
brought out at the trials of chieftains
of the Saltern tribe, just ended at the
Hudson Bay company's fort at Nor
way. Sick and helpless members of
the tribe were strangled and burned
at the stake for no other reason than
to relieve their relatives of caring for
them.
Chief Joseph Pesequan was con
victed of murder and sentenced to die.
Chief Jack of the Sucker band of the
same tribe strangled himself to death
In his cell the night before the date
set for his trial.
Two brothers named Rae are in Jail
at Norway House awaiting trial for
several murders. Eyelids, a brave of
the Crane band, gave sensational tes
timony specifically describing five
strangulations ana burnings in which
he participated. In one instance the
strangulation was not complete and
the victim was placed on a platform
over a huge fire, where he was slowly
roasted to death.
After the execution of Chief Joseph
Eyelids will be sent back to the North
to tell his tribesmen what happened
to stranglers.
ROCKEFELLERONTHE STAND
Standard Oil Official Testifies Re
garding Loans.
New York, Oct. 19.—William G.
Rockefeller, assistant treasurer of the
Standard Oil Company of New Jersey,
testified Friday In the government's
suit for the dissolution of the oil
combine,' that the Standard was a
heavy lender of Its surplus funds In
Wall street, for which it obtained the
prevailing rates of interest. Mr.
Rockefeller made this declaration
when asked to account for loans of
$32,000,000 made by the Standard Oil
Company of New York In 1906 to "In
terests other than the Standard." Of
the $20,000,000 loaned to P. S. Trainor
by the Southern Pipe Line company,
Mr. Rockefeller said he had no
knowledge. After several statements
concerning the business of the Stand
ard's pipe lines had been placed in
evidence, an adjournment of the hear
ings was announced until Dec. 22 in
order that counsel may have time to
inspect the evidence.
NOT SEEKING NOMINATION
Governor Hughes Declares Public Of
fice a Burden.
New York, Oct. 19.- Governor
Charles E. Hughes made a declaration
of his attitude toward the presidential
nomination when, in an address at a
dinner given in his honor by the Re
publican club, he said:
"I did not seek any public offlce. I
have not sought, nor shall I seek,
directly or Indirectly, to influence the
selection or the vote of any delegate
to any convention and with reference
to the election of any delegate to any
convention there will be no suggestion
or thought of influence, protest or re
prisal in the executive chamber.
"To me public offlce means a burden,
of responsibility—a burden of inces
sant toil, at times intolerable—which
under honorable conditions and at the
command of the people it may be.a
duty and even a pleasure to assume,
but it is far from being an object of
ambition."
GREAT DISTRESS PREVAILS
Hundreds of French Towns Suffer
From Floods.
Paris, Oct. 17.—Dispatches -from the
center and south of France confirm
the worst reports of destruction
caused by the floods. The Rivers
Loire, Rhone and Saone and their
tributaries are raging torrents, the
water In some places being the high
est ever recorded. In hundreds of
cities and towns there is from two to
ten feet of water in the streets. Great
distress has resulted.
Railroad traffic is utterly disorgan
ized. At places the roadbeds have
been washed away and the stations
are under water.
Fortunately The storm center is
now moving seaward, the weather
clearing and the worst appears to be
over.
GREEK PADRONES INDICTED
Violation of Immigration Laws the
Charge.
Chicago, Oct. 19.—The federal grand
jury in this city has returned indict
ments against eight Greeks charging
them with violation of the immigra
tion laws. It is claimed that they
have been acting as "padrones and
have been making false affidavits to
the immigration inspector."
It is claimed that the indicted men
have housed the boys brought into
this country in unsanitary places in
order to decrease the expense of their
keeping. The consequence has been,
it is said, that a large percentage of
the Greek boys brought here in vio
lation of the immigration law become
consumptives and are then turned out
by the padrones to be public charges.
KILLS A
BTG
BLACK ONE.
President Finally Succeeds in Getting
a Bear.
New Orleans, Oct. 18.—News of the
killing of a big black bear by Presi
dent Roosevelt in the canebrakes near
Bear Lake, La., has reached New Or
leans in a telegram to John M. Parker,
one .of the gentlemen who Invited the
president to hunt in the state and
who himself was a member of the
bunting party until business required
his returning to New Orleans several
Hays ago.
SEVERALJENSJmONS
Follow Eacl) Other in Rapid Sac
cession in Financial World.
HEINZE FIRM IS SUSPENDED
Attempt to Corner United Copper Re
sults in Disaster to Butte Mag
nate and His Brother.
New York, Oct. 18.—Sensations fol
lowed each other in rapid succession
In the financial district Thursday as
the result of the collapse of the pro
jected corner in United Copper and
the suspension of a' prominent broker
age firm Wednesday.
The firm of Otto Heinze & Co. was
suspended on the Stock Exchange.
F. Augustus Heinze, the Butte cop
per magnate, resigned the presidency
of the Mercantile National bank of
New York.
The Amalgamated Copper company
at its directors meeting cut Its quar
terly dividend from 2 per (cent to 1
per cent.
The directors of the Boston and
Montana Copper company declared a
quarterly dividend of $6 in place of a
former dividend of $12.
The failure of Haller, Saehle ft Co.,
prominent bankers of Hamburg, Ger
many, with liabilities that may reach
$7,500,000, was announced.
The State Savings bank of Butte,
Mont., of which the Heinzes are the
principal stockholders, suspended.
As a result of these sensations the
stock market was halting and irregu
lar, but there was apparent a feeling
that the break of the attempted cor
ner in United Copper had cleared the
atmosphere somewhat and the mar
ket rallied before the close.
The suspension of Otto Heinze &
Co., of which firm Max M. Schultze is
the Stock Exchange member, was
based on a complaint to the exchange
made by Gross & Kleeberg, the stock
exchange firm which failed Wednes
day. In a communication to the presi
dent of the Stock Exchange this firm
charged Otto Heinze & Co. with re
fusing to accept 3,202 shares of
United Copper, said to have been
bought on the order of the Heinze
firm. This action, Gross & Kleeberg
state, was responsible for their fail
ure. Attorneys for this firm stated
that the amount owing to the firm by
the Heinze firm aggregates $600,000.
Says It Is Perfectly Solvent.
The Heinze .firm announced that it
Is perfectly solvent and that all its
legal obligations will be met. The at
torneys say that the suspension by
the Stock Exchange was accepted by
the firm in order to give the latter
an opportunity to sift its legal obliga
tions from numerous claims which
have been made against it and which
it is alleged are not legal obligations.
The resignation of F. Augustus
Heinze from the presidency of the
Mercantile National bank, it is said,
was decided on at a midnight meet
ing at the home of C. W. Moore, who
is largely Interested in the bank. It
was announced Thursday morning,
Mr. Heinze at the same time giving
out a statement in which he said that
his resignation was due to the fact
that he wished to devote all of his
time to straightening out the business
of his brother's firm. He stated
positively that he had n'ot disposed of
his holdings in the bank and that the
control would remain where it had
been and that he would continue as a
director. William B. Ridgely, at
present United States comptroller of
the currency, has been tendered the
office of president of the Mercantile
National, but has not yet decided
whether or not he will accept.
The low price of refined copper,
which dropped even lower Thursday,
and the disorganized condition of that
metal in the market, is the reason
given for the reduction of the divi
dend in the copper companies. The
announcement of the Amalgamated
quarterly dividend of 1 per cent came
as a surprise. While It was known
there would be a reduction, 1% per
cent was the lowest dividend expected.
The failure of the Hamburg firm
and the Butte bank both followed
closely on the news of the suspension
of the Heinze firm on the Stock Ex
change. The German firm is said to
have lost heavily in the recent drop
In coppers and the developments on
the New York exchange are said to
have forced the failure.
INAUGURATED BY MARCONI
Regular Transatlantic Wireless Serv
ice in Operation.
Glace Bay, N. S., Oct. 18.—The In
auguration of a regular transatlantic
wireless service was accomplished by
William Marconi and his assistants
Thursday. Mr. Marconi stated Thurs
day night that more than 5,000 words
had been transmitted between the sta
tion at Port Morien, six miles from
here, and the Irish station.
The inventor expressed absolute
confidence in the triumph achieved In
transatlantic communication and In
the future of long distance wireless
telegraphy. He said ,the work at the
Cape Breton station was now prao
tlcally finished and did not longer re
quire his attention, which would be
turned upon the problem of overland
wireless communication between the
Atlantic and Pacific coasts of America
and other matters:
Final Proof.
Department of the Interior, land office at
Fargo, N. Sept. 18,1907.
Notice in hereby given that Ole Johnson, of
Straubville, N. D., ha. filed notice of his in
tention to make final five-year proof in support
of liis claim, viz: Homestead Entry No. 25397
made August 15,1912, for the southeast quarter
section7, township 129 north, range.58 west,
and that said proof will be made before O. B.
Johnson, clerk district court, at Forman, N.D.,
on November 6,1907.
He names the following witnesses to prove
his continuous residence upon, and cultivation
of, the land, viz: Charles P. Ward and Der
rick Larson of Ludden, Dickey Co., N. 1).,
Soren Jensen and Chmi. Hansen of Straub
ville, Sargent Co., X. D.
C. C. SCHCYLEB,
Register:
First publication Sept. 26, 1907.—6t.
Final Proof.
Department of the Interior, land office at
Fargo, N. D., Oct. 10,1907.
Notice is hereby given that Henry Orn, of
Crete, North Dakota, lias filed notice of bis
intention to make final five year proof in sup
port of his claim, vu: Homestead Entry No.
25330 made July 8, 1902, for the east half of
northwest quarter and lots 1 and 2, section 31,
township 132 north, of range 58 weBt, and that
said proof will be made before O. B. Johnson,
clerk of district court, at his office in Forman,
N. D., on November 23,1907.
He names the following witnesses to prove
bis continuous residence upon, and cultivation
of, the land, viz: John Hamann and 6. C.
ButturBof Crete, Sargent county, N.D. H. N.
Bingham and Frank Coleman of Oakes, Dickey
county, N. D. C. C. SCHUYLER,
Register.
First publication Oct. 17,1907.—6t
Final Proof
Department of the Interior, land office at
Fargo, N. D., Sept. 18,1907.
Notice is hereby given that Oline Johnson,
of Straubville, Ji. D., has filed notice of his
intention to make final five-year proof in sup
port of his claim, viz: Homestead Entry No.
25396 made August 15, 1902, for the northeast
quarter, section 18, township 129 north, range
58 west, and that said proof will be made
before O. B. Johnson, clerk district court, at
Forman, N. D., on November 6,1907.
He names the following witnesses to prove
his continuous residence upon, and cultivation
of, the land, viz: Charles. P. Ward and Der
rick Larson, of Ludden, Dickey Co., N. D.,
Soren Jensen and Christ. Hansen of Straubville,
Sargent Co., N. D.
C. C.
SCHCYLEB,
Register.
First publication Sept. 26, 1907.—6t.
Notice to Creditors.
In the matter of the estate ot Martha A. Rix,
deceased.
Notice 1B hereby given that the undersigned,
A. L. Ditch, administrator of the estate of
Martha A. Rix, late of the town of Foxhome, in
tl(e county of Clay and state of Minnesota,
deceased, to the creditors of, and all persons
having claims against said deceased, to exhibit
tnem with the necessary vouchers, within four
months after the first publication of this notice,
to said administrator at the office of S. G. Cady,
attorney at law, in the city of Oakes, in said
Dickey county.
Dated Sept., A. D., 1907.
A. L. DITCH,
Administrator.
First publication Oct. 10, 1907-4t.
Second Sirmmoos.
State of North Dakota, County of Dickey.
In justice court, before W. A. Pannebaker,
City Justice of the Peace.
W. M. Lockie, Plaintiff, vs. Nels Tollefson,
Defendant.
The State of North Dakota to said Defendant:
By this second summons herein you are di
rected to appear before me, at my office in the
City of Oakes, in the county and Btate above
named, on the 28th day of October, A. D., 1907.
at one o'clock in. the afternoon of said day,
there to answer the complaint of W. M. Lockie,
who claims to recover of you the Bum of one
hundred and fifty-five dollars due him from
you, on an open running account for goods,
wares and merchandise, sold and delivered by
him to you, and demanding judgment for said
sum, and you are hereby notified that unless
ou so appear and answer, the plaintiff will
ake judgment against you accordingly.
Dated this 5th day of October, A. D., 1907.
W. A. PANNEBAKER,
City Justice of the Peace, in and for City of
Oakes, Dickey County, N. D.
S. 6. CADY, Plaintiff's Attorney,
Oakes, North Dakota.
The above summonB may be served on said
defendant by publication in The Oakes Times,
a weekly newspai er published at Oakes, N. D.
First publication Oct. 10, 1907.—3t.
SPELTZ
WANTED
Highest market price
paid for Speltz
All kinds of grain
bought at top prices
at the
BLANKENBURG
ELEVATOR
W. A. PANNEBAKER, Agent
NORTH STAR
LUMBER CO.
Lumber all Kinds
Wood, Coal, Lime, Etc.
Try our Smokeless
Pocahontas Coal.
Important Notice
We make a
selling or ex
or unimproved
ranches or city property no mat
ter where located. List your
property with us now and get
the best results. Rentals also
promptly attended to. Call at
our office over Klein & Sutmar
Block.
J. G. STIEL UNO CO.
Eye, Ear, Nose and Throat
HOSPITAL
H. A. BEAUD0UX, H. D.
Specialist
vEdwards Building. FAROO. N. D.
Auction Sale
The undersigned will sell at
public auction on her farm four
miles north and one mile west of
Oakes on
FRIDAY, OCT. 25,1907
the following personal property:
LIVE STOCK
1 mare 5 years old 1 horse 6
years old 1 norse 10 years old 1
horse 9 years old. These are
heavy horses and good serviceable
animals. 5 milch cows 4 steers
1J years old 1 bull 2 yearling
calves about 35 chickens 20
turkeys.
FARM IMPLEMENTS
3 sets work harness 1 grain
drill 1 John Deere gang plow 1
binder 2 lumber wagons 1 hay
rack 1 mower and rake 1 sweep
rake 1 wooden drag 1 bob sleigh
1 grindstone* 1 walking cultivator
and other numerous articles.
Free lunch will be served to all
those coming at noon. Sale to
commence at one o'clock.
Terms as usual at 8 per cent.
MRS. PETER SWANSON
S. B. KESSLER,
Auctioneer.
E. J. WALTON,
Clerk.
Sale
The undersigned will sell at auc
tion on the northeast quarter 35
132-61, on
WEDNESDAY, OCT. 30
all personal property, consisting of
an entire line of
FARM STOCK, TOOLS, IMPLEMENTS
AND FINE HOUSE FURNITURE.
There are some good heavy
weight horses on the list and a
complete outfit of house fixtures.
TERMS:
Sums of $12.00 and under,
cash all amounts over $12.00
time will be given on approved
paper.
E. C. Connor
SOONER
A. F. RODINE,
Auctioneer.
A.|M. BERG,
Clerk.
Wall Paper
the largest and best selected stock in
Oakes. From 5c. per roll up.
Paints
Patton's Famous Sun ProoL wears
the longest and looks the best?
Glass and Putty
All sizes of glass, outside of plate
glass, kept always on hand.
Painting and Paper Hanging done to order
SECOND STREET FURNITURE STORE,
W. H. MARSH:* SON
Headquarters lor Furniture & Undertaking
GET YOUR
Edison and Victor
Talking Machines
and Records of
E. A. MOE,
THE JEWELER
All kinds of Talking Machines
repaired.
«.«! V..-..
f.1 -.v
A. G. RAMHARTER
Real Estate
Collections
and
Insurance
OAKES, N. DAKOTA
If you want
Your Sale To Be a Hummer
get Clark Pierce, the auctioneer, to do
the work for you. Satisfaction guaran
teed on my part. Terms reasonable.
Write or pnone for dates at my expense.
CLARK PIERCE, ELLENDALEJ. D.
rX-e