Morgan and Company Ties to New Haven Millbrook Deal Exposed
Documents show J. P. Morgan & Co and associates funded, supervised, and held collateral for Millbrook Company transactions tied to the New Haven system and the New York Westchester and Boston Railway. Exchange letters from Cobb and Mellen detail control, valuations, and stock allocations among major figures and firms in 1906–1907.
MENTIONED IN THIS ARTICLE
Mellen
Morgan
Millbrook Company
New Haven
Conn
Messrs
J. P. Morgan & Co
Wall Street
New York City
C.S. Mellen
New York Railroad and Development Company
New York and Portchester Railroad Company
City and County Contract Company
New York, Westchester and Boston Railway Company
City of New York
Melrose Company
New York, Westchester and Boston Common
Sone York and Portchester Railroad Company
New Haven Road
Elliott details investigations into New Haven finances and French loan
Elliott describes ongoing internal investigations by independent accountants and experts into New Haven Company management and operations. He says J P Morgan & Co assisted fact gathering, that Kuhn Loeb & Co provided a statement on the 1907 French loan, and that the company will cooperate with Senates probes to speed findings.
MENTIONED IN THIS ARTICLE
Elliott
J. P. Morgan & Co
New Haven
New Haven Road
New Haven Company
Interstate Commerce
McChord
Senate
Kuhn, Loeb & Co
Exeter Bases Prospects Bright for 1907 Baseball Team
Exeter New Hampshire reports promising workouts for 1907 baseball candidates under Captain Ben Neal. The roster features Clayton Wells Comerford Johnson Ryan and Spencer Brainerd with Yale scout Lovell noting Brainerd’s pitching prowess. O'Connor Lake Bingham Little contest for catching while Peters may move from center to catcher. Lake and Ryan recovering from appendicitis.
MENTIONED IN THIS ARTICLE
Exeter
N. H
Ben Neal
Clayton Wells
Husky
Andover
Comerford
Johnson
Ryan
Spencer Brainerd
New Haven
Carney
Lovell
Yale
Connecticut
Eli
Brainerd
Lake
O’connor
Bingham
Harvard
Little
O'Connor
Peters
Bank Bonds and Commissions In New Haven History
The record details $28 million in 4 percent bonds placed in France at about 91 with 138 commission, Kuhn, Loeb & Co. taking a heavy role and reallowing part of the commission to European associates. It notes temporary borrowings from banks and sale of long term securities totaling about $23 million from 1898 onward, with commissions of $97,700, all prior to the narrator’s management era except for December 1, 1918 loans.
MENTIONED IN THIS ARTICLE
France
Kuhn, Loeb & Co
Europe
Morgan & Co
New England
New Haven Road
Negotiations Continue Over B and M Dissolution
Justice Department expects resumed conferences this week with Howard Elliott of the New Haven & Hartford after New Haven directors reportedly consider court action to maintain control of the Boston and Maine line. No word from New Haven on abandoning negotiations. Attorney General McReynolds has no new intimation.
MENTIONED IN THIS ARTICLE
Department of Justice
New Haven
Washington
Howard Elliott
New York, New Haven & Hartford Railroad
Boston & Maine Road
McReynolds
New Haven Board
New York
Morgan's Statement Correct Says Perry in Providence
R Marsden J Perry of this city confirms J P Morgan Co statement about the Millbrook company. He asserts every dollar borrowed for the Millbrook loan was sanctioned and guaranteed by the New Haven railroad.
MENTIONED IN THIS ARTICLE
Providence
Man Dies After Auto Collision at Providence Hospital
James McKenney of Providence died at Rhode Island Hospital from injuries after being struck by an automobile driven by John F. Pierce. Pierce says McKenney stepped from the curb and collided with the mud guard. skull fracture reported.
MENTIONED IN THIS ARTICLE
Providence
James McKenney
Rhode Island Hospital
John F. Pierce
Pierce
McKenney
Rules for auto purchasers from W B Fewell
W B Fewell of Oakland Motor Company outlines buyer rules emphasizing chassis reliability over exterior features. He urges checking motor, clutch, transmission, rear axle, body construction, and accessories, plus bearing sizes and lubrication.
MENTIONED IN THIS ARTICLE
W. B. Fewell
Oakland Motor Company
Russell Aims for New Haynes Car Sales Record
W L Russell president of the W L Russell Company in New England expects the auto show to yield record sales for the Haynes car. He notes growing buyer confidence built over 21 years and says appointments at the show indicate strong orders ahead.
MENTIONED IN THIS ARTICLE
W. L. Russell
New England
Haynes
Haynes Company
Skidding Seen as Major Car Hazard by Tire Expert
I W Muller of the Weed Tire Chain Grip Company declares skidding the most serious danger for drivers. He notes rain slicks on pavement worsen conditions, especially after light showers, creating hazardous street surfaces.
MENTIONED IN THIS ARTICLE
I. W. Muller
Weed Tire Chain Grip Company
Weed Chain Tire Grip Company
Bridgeport, Connecticut
Moline-Knight Dealer Expands Reach in Boston Area
Harrison Turner of Treat Hardware & Supply Co of Lawrence becomes distributor for the 50 horsepower Moline-Knight in eastern Massachusetts. He will operate from temporary offices at 889 Boylston Street while new Barison building on Commonwealth Avenue is prepared.
MENTIONED IN THIS ARTICLE
Boston
Harrison Turner
Massachusetts
Turner
Treat Hardware & Supply Company
Lawrence
New Hampshire
Automobile Club of America
Boylston Street
Barrison
Commonwealth Avenue
Overland President Lays Out Auto Progress
John Willys of Toledo says motor cars are no longer fair weather vehicles due to advances in manufacturing. Owners can use autos in winter without garage storage, a shift from the days when driving horses took vacations. He notes that all 50,000 Overlands can perform in cold weather as well as warm.
MENTIONED IN THIS ARTICLE
John Willys
Willys-Overland Company
Toledo
Ohio
Toledo factory markets year round cars for 1914
The Toledo plant will turn out year round vehicles including closed coupes touring cars and roadsters. The coupe is designed for cold weather motoring with enclosed wood and glass walls while touring and roadster emphasize comfort. All cars feature heavy plate glass windshields durable tops and side curtains for full seating coverage.
MENTIONED IN THIS ARTICLE
Toledo
Unique features in Stearns Knight car touring model
The Stearns Knight six cylinder six passenger touring car exhibited by J H Mace Alman debuts a stream line body with a sloping hood. It features smooth hand-buffed leather upholstery with cross bands and button intersections, edge seating without projection, special arm rests, and disappearing auxiliary chairs that fold under the front seats to create a clean tonneau.
MENTIONED IN THIS ARTICLE
Stearns-Knight
J. H. Mace Alman
Stearns
Boston Show Invites Public to Lighting Plant Tour
William Gray of Gray & Davis invites visitors to the Bostop show to tour the factory and view the construction of starting lighting systems. He says the tour will interest motorists and they take pleasure in guiding guests through the plant.
MENTIONED IN THIS ARTICLE
William Gray
Gray & Davis
Bostop
Demonstrations In Diabetes Offer In San Francisco
In 1812 an offer claimed Fulton's Diabetic Compound could reduce sugar and thirst in diabetics aged fifty to seventy after 60 days. Four physicians were invited to test patients, with sugar measurements by a mailable formula. Recoveries were reported. pamphlet and formula available from John J. Fulton Co. in San Francisco and Riker Jaynes Drug Store in Boston.
MENTIONED IN THIS ARTICLE
San Francisco
Fulton
John J. Fulton Co
Riker-Jaynes Drug Store
Washington St
Boston
Also Mentioned on This Page
Thorne
New Haven Com
Millbrook Co
New York, Westchester & Boston Railroad Company
New York, Westchester & Boston
Cobb
John Candler Cobb
State Street
South Bay Wharf & Terminal Company
Minot, Crocker and Codman
Henry
Dimock
Minot
Crocker
Cbdman
John C. Cobb
J. Pierpont Morgan
Mellen’s Guarantee
The
Ford Hall
Julian K. Smyth
State House Park
Ashburton Pl
Boston Post
Boston Globe
Boston Transcript
Boston Herald
Boston American
Patent Daily Post
Boston Sunday Post
Interstate Commission
Ahea
Perry
Yaklan
SCIEN
Oakland
Oakland Motor Co
Massachusetts Ave
Fewell
Russell
Knight Man
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