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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Apr 01, 1908
Page
5
An advertisement extols Veriform Liquid Soap as a neutral shampoo free of free alkali. It claims to surpass USP purity standards, improve dandruff and dry skin, add vitality to hair, and suit babies. Brand names and retailers listed include Kem and Co, Circle Pharmacy, Wanamaker, Macy, and Lord & Taylor.
In a United States Circuit Court ruling Judge Lacombe cuts transfers between Third Avenue lines and New York City Railway. Transfers will be limited to specific streets and intersections starting April 11. Receivers must post notices a week ahead.
A friend describes a day riding Third Avenue and other lines on a single nickel fare. Transfers were exchanged at multiple points from Sixty-fifth Street to Fifty-third Street, with continuous use until 4 PM.
R. W. Kelley recounts riding New York City streetcars from morning to night using transfers to travel east west and north south. He details numerous exchanges on Sixth Avenue Seventh Avenue Madison Avenue and the Plaza Hotel and notes paying two five-cent fares. He concludes one can ride all day on a single fare and pass transfers to a friend.
The State Board of Tax Commissioners fixed the total New York franchise taxes for 1908 at 492 102 970 dollars, up from 456 850 000 in 1907 and 261 479 800 in 1906, listing major assessee firms such as New York City Railway, Consolidated Gas, Brooklyn Rapid Transit, Manhattan Railway, and New York Telephone. The report details 1908 vs 1907 figures for each company including Interborough Rapid Transit and others.
Civic groups from New York City appeared before the Assembly Joint Committee on Exemption of debt limit bonds issued by the city for self supporting improvements like docks and subways. Amendments from the Citizen Union seek public accounting of sinking fund payments to ensure self sufficiency of the securities and curb use of bond proceeds for current government expenses. Controller Metz reportedly favors the Union’s proposed restrictions.
In Albany on March 31 the Court of Appeals heard arguments on the proposed merger of Equitable Trust Company with Mercantile Trust Company of New York City. The 1907 injunction by Justice Blanchard was reversed by the Appellate Division, with Brundbrige Colby representing the plea to reverse.
In Albany on March 81 the Assembly moved the Cassidy bill toward final passage, with no opposition and the anti bucket shop measure advancing on the order of final enactment.
New Haven Conn March 81 The earnings of the New York New Haven and Hartford Railroad Company for the March quarter will show a heavy loss in gross and net earnings especially in freight down about 60 percent in January. February brings a small net gain and in March gross earnings drop continues though offset by large expense reductions. Officers warn that without improved business mood further expense cuts will be needed to nearly offset earnings losses.
An editor pitches safer investments than mining stocks noting Yukon Valley is far from New York. He argues cash returns from first mortgages are steadier, with no deferring dividends and no risk of value loss, unlike speculative mining ventures.
Gov. Hughes will push reforms from last year through special messages to the Legislature. He supports anti race track gambling bills and aims to restore Penal Code changes. Senator Agnew and backers expect passage while some Tammany figures predict defeat. he also backs direct primary nominations and Massachusetts Ballot bills.
Yesterday marked the final day to swear off paying taxes as books closed at 4 pm The tentative assessment against property was set as the true figure for those seeking tax relief and forgetfulness of levy.
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