Drought Cripples Business as Rain Fails to Help
A long drought continues across the nation despite a widespread rainstorm. Paper and pulp mills suffer from low water. inland commerce, grist and flour mills feel the impact as rivers run low. Industrial leaders urge state and national water storage systems to avert further losses.
MENTIONED IN THIS ARTICLE
Mississippi River
Ohio Valley
Lake
New York State
Adirondacks
American Paper and "Pulp Association
United States
Weather Bureau
The
Union
Maine
New Hampshire
Vermar
Wisconsin
Michigan
Minnesota
California
Bate
Inland Waterways Commission
New
Henry H. Persons
Nhn
Vermont
White Mountain
Conditions of Trade View from Dun's Review
Dun's Review reports active holiday goods and winter wear demand nationally while wholesale and jobbing hold steady. Old orders move slowly, manufacturing continues, and building permits rise with ample rain reducing idle capacity. Pig iron output climbs amid cautious optimism, though farm staples exports fall $25 million from November 1907. Wheat price swings at Chicago mark notable commodity shifts.
MENTIONED IN THIS ARTICLE
Dun
Chicago
Traction Reorganization Plan Under Study
A joint committee led by John W. Castles, representing Metropolitan traction security holders, hires G. E. Tripp and Stone & Webster to gather data on earnings capacity of system parts. The aim is to guide a reorganization plan and consider whether some segments may operate better independently.
MENTIONED IN THIS ARTICLE
John W. Castles
Metropolitan Traction System
G. E. Tripp
Stone & Webster
Comematitse
Lehigh Valley stock sold by Lake Shore in private sale
The Lake Shore and Eastern coal road stock held by Lehigh Valley was disposed of in a private Philadelphia sale within the last days. A block between 30 000 and 40 000 shares of Lehigh Valley were transferred to a private banking house in Philadelphia, completing the Lake Shore's disposal of its original 114 000 shares. The move follows prior hints the Lake Shore would sell at an acceptable price as monetary conditions improved.
MENTIONED IN THIS ARTICLE
Lake Shore
Lehigh Valley
Philadelphia
Therie
Railroad Freight Figures Include 1907 and 1908 Totals
A table-like summary lists weekly and monthly freight figures for multiple railroads including Canadian Pacific Denver & Rio Grande Hidalgo & Northeastern Interoceanic Railway of Mexico International Great Northern Iowa Central Mexican Central Minneapolis St. Louis Missouri Pacific Texas and Pacific Mexican International National Railroad of Mexico with various 1907 1908 comparisons and increases and decreases through December and November.
MENTIONED IN THIS ARTICLE
Denver
Rio Grande
Hidalgo
Northeastern
Interoceanic Railway OF Mexico
International
Great Northern
Iowa Central
Minneapolis
ST. Louis
Missouri Pacific
Central Branch
Texas & Pacipfic
National’ Railroad OF Mexico
D. and I. Note Sale Postponed in Detroit Area
The sale of collateral securing the B5: $300,000 notes of the Detroit Toledo and Trenton was further postponed yesterday. Ann Arbor stock and Toledo are referenced in the notice as part of the postponement details.
Customs Rulings Uphold Duty on Steel Floor Plates
Acting with Federal court rulings the Board of United States General Appraisers decides R D Wood Co case that steel floor plates 12 by 59 inches and 5 16 inch thick with one side checkered for slip resistance are dutiable under Paragraph 135 as steel plates not specially provided for. The government favored boiler plate classification and higher rate. board sets one sixth of 1 cent per pound versus one quarter of 1 cent. The decision aligns with United States Circuit Court of Appeals interpretation and sustains the protest and modifies the collection accordingly.
MENTIONED IN THIS ARTICLE
Board of
United States General Appraisers
R. D. Wood & Co
Philadelphia
Fischer
United States Circuit Court of Appeals
Cotton Market Reports Sharp Drop Then Slight Rally
Cotton futures fell sharply with January contracts down 83 points from last month’s high, later recovering to end 3 11 points lower as late months held firm. Weekly New York Cotton Exchange figures show total movement at 7,185,637 bales, with port receipts and Southern mill takings up versus last year. Local spot prices eased modestly with scattered regional results across Mobile, Charleston, Norfolk, Augusta, St. Louis, Galveston, New Orleans, Memphis and Houston.
MENTIONED IN THIS ARTICLE
Alabama
New York Cotton Exchange
Canada
Gulf
Mobile
Charleston
Norfolk
Augusta
St. Louis
Galveston
New Orleans
Memphis
Sic
Houston
Weekend Cotton Belt Weather Forecast From Washington
The United States Weather Bureau forecast for Saturday and Sunday calls for showers in North Carolina and South Carolina followed by fair weather in both states. Alabama Mississippi Louisiana Utah North Dakota South Dakota and Oklahoma expect fair conditions. Arkansas Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri Nebraska Kansas expect fair weather with rising temperatures and winds shifting southwest. Upper Michigan may see rain or snow with increasing winds. lower Michigan partly cloudy and warmer with southwest winds.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Weather Bureau
North Carolina
South Carolina
Alabama
Mississippi
Louisiana
Utah
North
South Dakota
Oklahoma
Arkansas
Indiana
Illinois
Michigan
Upper
Wisconsin
Minnesota
Iowas
Missouri
Nebraska
Kansas
Treasury balances report from Washington
The Treasury opened today with cash in the vaults and in the tills showing a statement of available balances. Demand for funds is reported to be normal as the day begins with routine government financial activity.
Weekly Failure Report Reveals U S Failures by Bradstreet
Bradstreet's weekly report shows 298 U S failures this week, with regional totals and comparisons to prior weeks. The data notes Canada at 60 failures, and that a portion of failing concerns held capital of five thousand dollars or less and fourteen percent had between five and twenty thousand.
MENTIONED IN THIS ARTICLE
Bradstreet
United States
Middle States
New England
Southern
Western
Northwestern
Far West
Territories
Canada
National City Bank Increases Gold Export Engage to 4 Million
The National City Bank raised its gold export commitment to 4 million dollars for shipment to Paris by the Saturday steamer, after previously engaging 2.5 million. The Assay Office ran out of gold bars as demand for foreign exchange stayed firm and the demand sterling rate rose about 15 points to around 4.87.
MENTIONED IN THIS ARTICLE
National City Bank
Paris
Box Board Receivers Report Shows Profit figures
Thomas L. Raymond and Sidney Mitchell, receivers of the United Box Board and Paper Company, report to Chancellor Pithey in New Jersey on the nine weeks ending October 31. Gross profits total $34,293, after discounts and shutdown costs the net profit for September is $18,232.
MENTIONED IN THIS ARTICLE
Box Board
Thomas L. Raymond
Sidney Mitchell
United Box Board and Paper Company
Pithey
New Jersey
Oil Trust Defense All In Next Week
The Standard Oil defense in the government suit to dissolve the holding company is nearly complete. A brief adjournment precedes Kellogg’s rebuttal starting Jan. 5, with argument before the Eighth Circuit in March. The record now tops 11 million words and will reach about 12 million, the largest in a U.S. legal contest.
MENTIONED IN THIS ARTICLE
Standard Oil Company
Custom House
Franklin Ferriss
Frank B. Kellogg
Hth Circuit
United States Circuit
St. Louis
Sober S. Taylor
St. Paul
Mr. Kellogg
Moritz Rosenthal
Oil Company
Taylor
Hugo C. Wasserman
The
Standard
California
Wasserman
Southern Oil Company
Puenta Oil Company
Standard of California
Puenta
Puenta Company
Southern
Kok
Rosenthal
B& Ne
Tilford
Sono of California
Dainty Gifts From Scraps Via a 25 Cent Pleater
A frugal woman turns bits of linen lace and nets into jabots collars ruchings and net trims using a pleating machine bought for 25 cents. She creates fastenable adornments from scraps and colors to match gowns then expands to ruffs skirts and ornaments proving a small labor and cost, possible business idea for women during hard times.
MENTIONED IN THIS ARTICLE
Economist
Freight Operation Hours Cut by Public Service Commission
The Public Service Commission issued an order reducing the time window for New York Central freight trains on Eleventh Avenue. The directive prohibits freight operations during the new restricted period, impacting schedule and service.
MENTIONED IN THIS ARTICLE
Public Service Commission
New York Central
Eleventh Avenue
Forced to Return Assets Sets Precedent in Bankruptcy Case
Judge Holt of the United States Circuit Court ruled that the National Discount Company must turn over 4700 to Robert Van Iderstine, trustee for A Fellerman & Son, makers of women's garments. The decision targets the practice of transferring accounts receivable to lenders in bankruptcy to shield assets from creditors. The Fellerman firm owed 35000 with 5000 assets. two days earlier they moved 7700 receivables to the National Discount Company, which collected 4300, with about 760 in commissions and interest. The trustee had little to show creditors. the Merchants' Protective Association backed the suit. The ruling stresses knowledge of the arrangement and the defendant's role in concealing assets from creditors.
MENTIONED IN THIS ARTICLE
Holt
United States
National Discount Company
Broadway
Robert van Iderstine
A. Fellerman & Son
Fellerman & Son
James, Schell & Elkus
Merchants’ Protective Association
Abram I. Elkus
James Rosenberg
Foreclosure Action for Hudson River Water Power Bonds
The Holders of First Mortgage 5% Gold Bonds of Hudson River Water Power Company form a committee preparing to foreclose. Edward E. Duff of Safe Deposit & Trust Co joins the committee. Bond deposits extended to December 22, 1908, with deposits to be made through listed depositaries in New York Philadelphia Boston or Pittsburgh.
MENTIONED IN THIS ARTICLE
Hudson Rive Water-Power Company
Edward E. Duff
Safe Deposit & Trust Company of Pittsburgh
Pittsburgh
Trust Company OF America
Wall Street
New York City
Real Estate Trust Company
Philadelphia
Commonwealth Trust Company
Boston
Mass
Safe Deposit & Trust Company
New York
F. J. Lisman
Percy M. Chandler
Arthur P. Stone
J. N. Babcock
Bankruptcies in Southern New York District
Notice to creditors of Albert O Brown Samuel C Brown Lewis G Young G Lee Stout Edward F Buchanan and W Rhea Whitman bankrupts. First meeting of creditors scheduled December 28 1908 at 2 30 pm at 45 Cedar Street New York to attend prove claims appoint trustee and examine bankrupts. Creditors may authorize trustee to sell assets and settle claims with referee approval.
MENTIONED IN THIS ARTICLE
District Court OF the United States
Southern District of
New York
Samuel Feldman
Macgrane Coxe
Hudson Terminal Bldgs
Church Street
A. D
Herman
Pacerpecy
Margaret Burns
Nathaniel S. Smith
William Street
Borough of Manhattan
New York City
Nathaniel
Smith
District of York
Nio G. Pucci
Antonio G. Pucci
Anid
Hudson Terminal
District Court of the United States For the Southern
District of New York
Albert O. Brown
Samuel S Brown
Lewis G. Young
G. Lee Stout
Edward F. Buchanan
W. Rhea Whitman
A. O. Brown & CO
Albert O.brown
Samuel C. Brown
John. J. Townsend
Cedar Street
City and County of New York
John J. Townsend
Fg Bankruptcy
New _ York
Joseph E. Grogan
Joseph .E. Grogan
City
County of
OHN
J. Townsend
Southern District of New York
Adolph Rosen
Jacob Rosen
A. Rosen & Son
A. Rosen
Samuel Fein
Joseph Horowitz
District Court Bankruptcy Notices From 1908 Proceedings
Notices announce adjudications of bankruptcy for Joseph E. Grogan Adolph Rosen Jacob Rosen and Samuel Fein Joseph Horowitz with first creditor meetings set at 45 Cedar Street New York and Newark on December 29 1908 and December 11 1908 respectively for claim proofs trustee appointment and examination of bankrupts.
Auction sale of Hotel Mumm assets in New York
In the Southern District of New York a bankruptcy sale is ordered for John Heise's estate. Ralph James M Bullowa as Receiver will auction the going concern known as Hotel Mumm including lease, hotel cafe and restaurant equipment at 680 Sixth Avenue Manhattan on December 15 1908 at 12 noon. Sale is bulk and subject to two chattel mortgages totaling 10985 18. The bid must be for the entire lot with inspection allowed 9 A M to 10 P M. Corbitt Stern attorneys for the receiver.
MENTIONED IN THIS ARTICLE
District Court OF the United States
Southern District of
New York
John Heise
Charles Shewgood
United States
Sixth Avenue
Borough of
Manhattan
State of
Ralph James M. Bullowa
Corbitt
Receiver to sell bankrupt HARRY FELMAN estate assets at 830 Broadway
United States District Court in New York orders the sale of woolens cut goods machinery fixtures and trousers from the Felman bankruptcy at 830 Broadway Manhattan. Sealed bids due December 17 1908 with 10 percent deposit. If rejected the property sells publicly December 21 1908 with inspection December 15 and 16.
MENTIONED IN THIS ARTICLE
United States District Court
Southern District of New York
Harry Felman
George C. Holt
Broadway
Borough of Manhattan
City of New York
Lows
Alfred C.coxe, Jr
Samuel
Breslin
Chas. Showgood
United States
New York
Alfred C. Coxe, Jr
Samuel S. Breslin
Borough of
Manhattan
New York City
Notice of Sale at Auction in Bankruptcy Case
Notice of sale of bankrupt estate assets in Morris Glass Berg Samuel Glassberg and Levin case. Trustee Anselm Frankenthaler will auction at 113 Leonard Street NYC on December 23, 1908 at 10 30 AM. property includes woolens and manufactured pants and may be withdrawn if not 75 percent of appraised value. Inspection December 21–22, 1908. Referee Seaman Miller. Oppenheimer Schrieber attorneys.
MENTIONED IN THIS ARTICLE
United States
Southern District of
New York
Morris
Glassberg
Samuel
Larc Levin
Glassberg Bros. & Levin
Anselm Frankenthaler
Charles Shengood
Leonard Street
New York City
Seaman Miller
Oppenheimer & Schreie Attorneys
Broadway
Bankruptcy sale of Samuel Stein assets in Manhattan
In the District Court of the United States in Bankruptcy the assets of Samuel Stein bankrupt are sold this day by order of the court at 10:30 A M on December 12 1908 at 94 Canal Street Manhattan. The sale includes ready made clothing coats suits overcoats piece goods fixtures counters showcases electric chandeliers safe cutting tables etc. Wilson Lee Cannon Receiver Marcus Helfand Attorney. Also noted is another case In the District Court of the United States in Bankruptcy Catherine Breen & Co be hon.
MENTIONED IN THIS ARTICLE
Macgrane Coxe
U. S. District Court For
Southern District of New York
William H. Daly
United States
United States Court House
New York
Nathaniel A. Prentiss
United States District Court For
Southern District of
L. George Forgotston
United States District
Post Office
City
Cnty
Shaw
David Mandeltort
District Court OF the United States
Samuel ‘Stein
Chas. Shewgood
Canal &J
Borough of Manhattan
Wilson Lee Cannon
Marcus Helfand
Broadway
Shipping Almanac Sunrise and Sunset Times Cited
Almanac style notice lists sun rise and set times for today at Sandy Hook Governors Island and Hell Gate with high and low readings. Contains scattered digits and abbreviations, readable locations include Sandy Hook Governors Island and Hell Gate.
MENTIONED IN THIS ARTICLE
P.M
Sandy Hook
Governors
Island
Hell Gate
E.ces
Shipping arrivals list with multiple vessel destinations
A dated dispatch lists numerous ships arriving or reported at various ports. Vessels include the Lusitania at Liverpool, Mars at Lisbon, Montevideo at Cadiz, Prins Willem N at St Marc, Clothilde Cuneo at Port Antonio, Maracas at Trinidad, Alleghany at Santa Marta, City of Savannah at Savannah, El Sud at Galveston, Proteus at New Orleans, Pawnee at Philadelphia, and Princess Anne at Norfolk with December and November notations.
MENTIONED IN THIS ARTICLE
Lusitania
Liverpool
Mars
Lisbon
Montevideo
Cadiz
Prins Willem N
St. Marc
Clothilde
Cuneo
Port Antonio
Maracas
Trinidad
Alleghany
Santa Marta
City of Savannah
Savannah
el Sud
Galveston
Proteus
New Ae
Pawnee
Philadelphia
Princess Anne
Norfolk
Atlantic steamers report positions near Sandy Hook
Marconi wireless updates show the SS Celtic from Liverpool 825 miles east of Sandy Hook at 4 10 P M, due at the pier about 8 50 A M Monday. SS Philadelphia from Southampton 883 miles east, due at 10 A M Sunday. SS Minnehaha from London 760 miles east, due around 6 P M Sunday. SS Martha Washington from pies reported miles east, due at her pier about 11 00 A M today.
MENTIONED IN THIS ARTICLE
Karthage
Hamburg
Aureole
London
Spars Vielland
Mexico
Comal
Galvestan
Trisbrook
Swansea
el Paso
New Orleans
Philadelphia
Southampton
Gallia
Naples
Dagfred
Pathfinder
Martha Washington
Palermo
Jacksonville
Dée
Prius Whiem II
Bermuda
City of
Savannah
Liverpool
Celtic
Marconi Wireless
Sandy Hook
Southamptant
Marconi” Wireless
Steamship arrivals and sailings listed with ports and dates
A list of ships arriving at Genoa St Thomas Delagoa Bay Rotterdam Havre Santos Brisbane Bristol Naples and other ports with December dates and passages. Vessels include Caronia Parima Kasama Nieuw Amsterdam Texas Italian Piinte Dalblair Chicago City Republic President Lincolnn Swazi Baltic Slavonia Campine Bermudian Swedish Prince Grecian Prince Luisiana Grosser Kurfuerst Calderon Corfe Castle and more with routes to New York Naples Liverpool and other origins.
MENTIONED IN THIS ARTICLE
Caronia
Genoa
Parima
St. Thomas
Kasama
Delagoa Bay
Nieuw Amsterdam
Rotterdam
Texas
Havre
Piinte
Santos
Dalblair
Brisbane
Chicago City
Bristol
Republic
Naples
President Lincolnn
Baltic
Liverpool
Campine
Antwerp
Bermuda
Barbadoga
Shipping routes and steamers listed with Pacific itineraries
Destination routes include New Zealand Australia Samoan Islands New Caledonia and Japan Korea China Philippines via San Francisco Vancouver and Seattle. Ships named Mariposa Empress of China Teucer Iyo Maru U S Trans Port and more indicate December sailings and connections across Pacific ports.
MENTIONED IN THIS ARTICLE
New Zealand
Australia
Samoan Islands
New Caledonia
San Francisco
Lord
Sefton
Hawaii
Vaiameda
Japan
Korea
China
Philippine Islands
Tahiti
Marquesas Islands
Amsterdam
San Fran
B C
Marama
Guam
U. S
Pott
Seattle
Weather center storm extends to Atlantic Coast forecast
The storm’s precipitation area reaches the Atlantic Coast and extends west of the Ohio River. Temperatures rise in the Northwest and fall in the central valleys. Forecasts call for rain or showers in Eastern New York New Jersey and New England with variable winds and moderate temperatures. A local Weather Bureau thermometer reading at 8 A.M. and 1:05 P.M. records 37 and 40 degrees respectively with 88 percent humidity.
MENTIONED IN THIS ARTICLE
Washington
Atlantic
Ohio
New’ England
Lantic
Satéray
Grand Banks
New York
New Jersey
New England
Mainé
New Harps
Wits
Mometer
Weather Bureau
Mawes
Also Mentioned on This Page
Stock Market
Cago
Chicago Railway
Macsiee Yase
Subway
Bedei
Bee
Chicago Rys
Ries
Chicago Subway
Chicago & & Oak — Oe
Hicago Telaph
Weaith Edison
Trust
ANS
Delaware & Hudson Company
Coal Dept. Pitkin
Valley Railway
Hudson
United Traction Company
Albany-Troy
Atlanta
Cats
Sloss-Sheffield Steel and Iron
Cnoventher
Coast Line
Ches, RI & P
Io Ween
Interboro
Eecess Lake Shore
Louisv. & Nashv
Central Sd
Eh. Minn. & St. L
Norfolk & Western Bs
Pennsylvania
West Elec
Mfg
NEW York ‘City Bonds
Kas Roe
Pittsburg Transactions
New Yorke Times
Pittsburg
Crucible Steel
Indep
Indep. Brewing Pf
Light & Heat
Pittsburg Brewing
the Treasury Balances
Treasury
Hoosane
Eseseces Oe
Aeeseee
Philippine Treasur
Empire Steel
OIL Trust Defense
Morey
District Court
Katherine, Breen & CO
Tod
Mails
Eaves AM
AZM
Zulia
Curacao
Alm
Sibiria
Inagua
Coamo
Mayaguez
Saratoga
Havana
Ass Polarstjernen
Pernambu O
Mesaba
Atrato
Jamaica
Caledonia
Glasgow
Victoria
Hamburgee
Wireless
Grosser Kurfuerst
New ‘York
Calderon
Holyhead
Corfe Castle
St. Helena
Pacific Steamships
Abo P
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