New York Times Newspaper Archives, Jan 9, 1908, p. 11

Business Troubles Shroud New York Firms in Bankruptcy

A wave of insolvencies and receiverships hits New York businesses. Frederick J. Newbold assigns to A Walter Newbold. Louis Rosalsky seeks bankruptcy with 6006 liabilities on 1450 assets. Nuzzini & Co. and others face large liabilities. Bankruptcies spread to Fernert Forbes, Lowell Lamb, Max Hirshfeld, and various creditors lists reveal extensive debts and asset transfers.

MENTIONED IN THIS ARTICLE

Frederick H. Newbold Frederick J. Newbold Canal Street A. Walter Newbold Louis Rosalsky 2D Avenue Holt Theron R. Strong Buzzini & CO Nuzzini & Co Eleventh Avenue Commercial Trust Company Ferbert R. Forbes Jorge Holt W. F. Smith Herbert R. Forbes Commission Washington Hugo Josephy &Son Forbes Josephy Woodcff N. J Lowell Lamb & CO A. Gordon Murray Lowell Fleet Max Sirshfeld Max Hirshfeld West 141St Street Rudolph Gersmann Th Street St. Nicholas Avenue Realty Mortgage Company Heilner & Wolff Adolph Hirshfeld Hirshfeld 179Th Street

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Debtor Creditor Judgments Filed Dates Snapshot

Debtor and creditor names with filing dates and amounts show judgments recorded from 1900s. Entries include Butler J H Daly June 3 1907 for 4800 dollars and Barbara R A Weiss March 11 1807 for 440 dollars.

MENTIONED IN THIS ARTICLE

Butler Weir L. C M. B. Addams Enners N. T. Swezey's Sons & Co German

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Guide for Buyers Apparel and Home Goods

The listing catalogs various New York retailers and shops by category such as aprons bathing suits cloaks dresses gowns and undergarments with addresses including Hursheedt Apron Co 605 Broadway and Globe Knitting Mills 47 Lispenard St. It also notes accessories like art glass clocks gloves hosiery and jewelry with firms including Seth Thomas Clock Co Wm I Rosenfeld and Vantine A A Co along with other department style offerings.

MENTIONED IN THIS ARTICLE

Hursheedt Apron Co Kompers Globe Knitting Mills Lispenard St Dressner & Auerbach Broadway Boston Hygienic Corset Co Children S. &. Aronson & Co Gross Bros I. Mittelsdorf Shevitz Walker St Casper & Beck West 20Th St Cohen&Pollack Edman Bros Franklin St Klinger & Bach Sutro Bros. Braid Co Spring St Seth Thomas Clock Co Maiden Lane Walcoff, Udell & Co Kaze and Youther I. S. Ruece Pants Co Meltsner, C. N., & Bro Waverley Crockery & Porcelains Vantine, A. A., & Co East 18Th Sé Wm. I. Rosenfeld Leumann, Boesch &Weingart Ferdinand Ehrlich & Sons Weinstein, Max, Co Spring Mfrs Lord & Taylor St. Rubens & Meyer East 14Th Schiff Henry, i& Co Sudbury Castle Gate

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Arrival of Buyers From Across the Nation

A long list of buyers and firms visiting New York hotels and streets for merchandise and sourcing. Names include Hillmans Chicago J J O'Brien clothing 654 Broadway Holland House and many others in textiles furnishings millinery parasols and ribbons with multiple hotel and street addresses noted.

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CLOAKS SUITS AND HOSIERY SUPPLIERS LISTED IN COLUMN SALE

Advertised firms include Alburtos Enion Square. Gutman Baltimore. Guiterman Brothers St Paul. Gladding Dry Goods Rhode Island. Alberts group at Prince George Hotel. Arbuthnot Stephenson in Penn. Rogers Lynn. Crowley Detroit. Bres Allentown. Root Terre Haute. Stearns Boston. Stevens Chicago. Fowler Kansas City. Fitts Northampton. Hutzler Baltimore. Goldenberg Williamsport. Salesman for cloaks suits skirts experienced middle western commission seeks.

MENTIONED IN THIS ARTICLE

Hillman's Chicago J. J. O’brien Broadway Holland House Taylor, William, Son & Co Cleveland Ohio Gallagher J. Leese Leonard Street Seville McWhire, R. A Company Fall River Maas J. K. Bannister Spring Street Spring Street; Hotel Brottell, Hager & Brother Lancaster Penn R. C. Masterson Breslin Neff, E. E el Paso Texas Ety Hoppner General Merchandise Imperial Jean-Marsh_Company Boston Mass J. J Hittaker P. J. McDonough White Goods Greene Street Siegel, Hl, Company A. C. Hanley Hotel Wolcott van Allem & Brown Company W. EF. Ernst Millinery Co. P. Brown Milliney Gutman, Joel, & Co Baltimore Gutman, Sicks Ti Grand Street Hoffman House Baird, D., & Son Louisville E. B. Lovett J. A. Krozelse Hotel Marlborough Erwin, D. P., & Co Indianapolis Ind Lockard Nations Prince George Chandler & Co A. W. Harris A. DB. Beck A. RB. Bacon H. W. Schalke Hotel Imperial Eisenberg G. Tonella St. Charles Hale Brothers San Francisco Cal A. F. Lyon S. Hirshberger Park Avenue Hotel Gimbel Brothers Philadelphia Goldman Hats the Breslin, Schuneman & Evans St. Paul Minn H. B Alburtos Enion Square Gutman, J., & O Prince George Hotel Arbuthnot - Stephenson Company Gate i FE. C. McCabe Franks Street Brottell Rogers T. W Lynn A. H. Stiles Crowley Brothers Detroit Mich C. A. Burkhardt Bres Will Annewalt Company Allentown W.eat Kansas ‘City Siberberg Way C. N Northampton Hutzler

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Widely Ranged Dress Goods Firms Listed With Hotels

A long list of clothing and textile concerns stretches across the nation from Philadelphia to Boston and Chicago. Names include Graff A Co Philadelphia Lippincott Koch Brothers and Mayer Brothers with notes on waists cloaks dresses and infants wear. Hotels such as Hotel Imperial Union Square and Beaver Brook appear as locations for agents and showrooms.

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Iron and Steel Notes Show Sharp Production Drop

The Iron Age notes a rapid decline from 27,000,000 tons to 12,000,000 tons annual pig iron rate by January. December coke and anthracite pig iron output fell from 1,828,? to 1,284,279 gross tons, while blast furnaces dropped from 226 to 149. Steel output slid from 1,514,521 tons in October to 659,459 in December. merchant furnaces also declined. Markets firm but cautious, rails weak, with limited new orders and some mill accumulation.

MENTIONED IN THIS ARTICLE

Hght New York Central New Haven Providence

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New York Central Finances Move Delayed in Routine Meeting

New York Central directors met yesterday and confined agenda to routine matters. Pittsburgh & Lake Erie declared a 6 percent semi annual dividend. New financing for New York Central was not discussed, with bankers still to discuss terms and timing to secure favorable reception for any securities offer.

MENTIONED IN THIS ARTICLE

New York Central Lines Pittsburg Lake Erie New York Central Newark

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Metal prices hold steady as London and New York quotes diverge

Copper prices steadied on the New York Metal Exchange while London spot and futures slipped to £61 15s and £62 5s respectively. Tin fell to £121 5s spot and £122 5s futures in London. Lead eased in New York and closed in London at £14 5s. spelter held in New York but slipped 2s in London to £19 7s 6d. Iron warrants quoted in London at 47s standard foundry and 48s 6d Middlesboro.

MENTIONED IN THIS ARTICLE

New York London Standard Foundry Middlesboro New York Metal Exchange

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United Service Moves and Naval Vessel Movements

Cant E Phelps to Madera Penn to produce evidence for enlistment trial. Lt Col Gibson to Watervliet Arsenal to assume command. Commands relieved and board tests rifled cannon. Capt H Lawton to Junction City Kan inspect supplies. Movements include Choctaw and Ajax vessels. Osceola sails from Guantanamo for Key West.

MENTIONED IN THIS ARTICLE

Washington Jan E. Phelps Madera Penn W. W. Gibson Watervilet Arcenal Ira MacNutt G. F. Barney Coast Artillery C. B. Wheeler Ordnance C. S. Smith Ta MacNutt M.F. Harmon H. Lawton Junctionity Kan W. H Tschappat Haskell N. J Parlin W.V. Tomb Saeuical School Hospital C. F.stokes P. Deery Des Moines Croghan W. Derrington Wabash C. F. Pire Indiana Norfolk Ajax Rio de Janeiro Osceola Guantanamo Key Wester

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Morawetz Attacks Aldrich Bill on Currency Crisis Plan

Victor Morawetz criticized the Aldrich bill, arguing it would not prevent a monetary crisis but encourage further credit expansion and inelastic banknotes. He likened emergency note powers to whisky overuse, urging real currency elasticity and restraint on bank credit growth. He cited U.S. currency excess versus Europe and called for stopping bond secured notes.

MENTIONED IN THIS ARTICLE

Victor Morawetz Senate Morawetz Aldrich Boston Economic Club United States Germany France United Kingdom Europe

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Brandeis Attacks New Haven Boston & Maine Merger

Louis D. Brandeis releases a pamphlet criticizing the possible Boston & Maine and New York New Haven Hartford merger. He argues New Haven's finances are strained while Boston & Maine remains sound, challenging the merger as beneficial to New England. He questions New Haven’s accounting, noting a $4 777 368 inter company item and warning of dividend reductions.

MENTIONED IN THIS ARTICLE

Louis D. Brandeis Boston Boston & Maine New York, New Haven & Hartford Railroad New Haven New England Mr. Brandeis Brandeis Brandei

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Northern Pacific Declares Quarterly Dividend at 1 Percent

Directors announced only the usual quarterly 1 percent dividend. No extra payout was declared, fueling a stock decline as the price fell to 119.5 and the market showed a 13 percent points loss. Analysts noted railroads conserve cash to protect financial strength amid uncertain conditions.

MENTIONED IN THIS ARTICLE

Northern Pacific

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Bowling Green Trust elects officers and fills vacancy

At a stockholders meeting retiring directors were re-elected and P. C. Costello was chosen to fill a vacancy. Robert G. Hazeldine was elected secretary of the Continental Casualty Company of Philadelphia. Potter, Choate & Prentice announce sale of the Alabama Great Southern bonds extended to December 1927.

MENTIONED IN THIS ARTICLE

Bowling Green Trust Company P. C. Costello Robert G. Hazeldine The Casualty Company of America Continental Fire Insurance Company eEpeneteate Casualty Company Phadelphia Potter, Choate & Prentice Alabama Great Southern

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Cotton Market Steady With Mixed Forecasts and Moderate Sales

The Weather Bureau forecasts fair conditions across the cotton states for Thursday and Friday with varying winds. The cotton market opened steady, closed with a net gain of about 4 to 5 points, and total sales were around 175,000 bales as Liverpool-buying and Southern selling created mid-session fluctuations. Spot markets in New Orleans and several southern hubs were mostly unchanged with modest daily volumes.

MENTIONED IN THIS ARTICLE

New York Times Washington Jan Federal Weather Bureau North South Carolina Florida Georgia Alabama Mississippi Louisiana Texas Oklahoma Arkansas Tennessee Liverpool New Orleans New England Liverpool Cables Hombay Ceee ETO PARTE Wve Pinak Siottis Aa Gulf Mobile Savannah Norfolk Augusta Memphis

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Philadelphia Stocks Dip as Reading Leads Trade

In Philadelphia on Jan 8 nearly 5,000 Reading shares traded between 49½ and 49¼, while Tonopah Mining Philadelphia Electric and United States Steel saw other orders reach around 1,000 shares.

MENTIONED IN THIS ARTICLE

New York Times Philadelphia Reading Tonopah Mining Philadelphia Electric United States Steel Amal Copper Er Rys. Co Bell Telephone Brooklyn Rapid Tran Ory Street Cambria Steel Chicago Gt Gly O'S Ais East Penn Electric Co Erie Lehigh Valley R Lehigh Norristown Northern Central R. R Northern Pacific Penn. Co Penn Philadelphia Co Tae Phil. Co Philadelphia Elect Phil S. Philadelphia Steele Scouaeye Union Traction Weenee Ture U G. Imp U S. Steel Warwick Steel West Jersey

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New York Firms Formed in State Incorporations List

Albany dated notice details numerous new corporations formed in New York including Bushing Faucet and Valve Company in Brooklyn with 160,000 capital and several other incorporations across Rochester Syracuse New York City and Brooklyn. Directors named for each entity accompany the capital figures and addresses. Dissolutions listed include La Marche-Willson and J W Scott Ice Company with attorney references.

MENTIONED IN THIS ARTICLE

Bushing Faucet and Valve Company Brooklyn Capital Marvin Hudson South Elliott Place John McNeely Bergen Street George Bibby Sterling Place State Hotel Rochester Monroe County Sio Joseph A. Wolford Main Street Julius R. Vogelgesang Manhattan Street William G. Adams Frank Street N. Y Interborough Lead Delivery Company New York Thomas M. Simonton Cedar Street Alfred W. Howe Avenue D George W. Kirkroan Asbury Fark J. L. L Patterson Company Syracuse Onondaga County T Machinery Henry I. Hetherington Harry A. Munro Emma E. Munro Adams Repair Company Adams West Fifty-seventh Street Claude Post West 141St Street Robert FP. Kernan Pitkin Avenue Abraham Tubin Snediker Avenue Yern New Amsterdam New_York Ludwig Kirchheimer 119Th Street Eugene Kahn East Fifty-eighth Street Monroe M. Behrens East Fiftysecond Instrument and Meter Repair Company Esopus Ulster County Frank W. Roller William Street East Orange N. J George Huber Ninetyseventh Harry J. Shire Curtis Avenue Morris Park L. I. Coat Heam Company Joseph Maressin East 103A Jacob Lipman Coumbus Avenue Abraham Deutsch Graham Avenue la Marche-Willson Company Joseph McElroy, Jr Broadway J. W. Scott Ice Company Hazlewood Ice Company Martha Risley Schildnachter Jee Company August C. Wnanz

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Financial crashes of 1907 and Dun's Review analysis

Dun's Review compiles 1907 mercantile disasters totaling 197,385,229 in defaulted liabilities across 11,725 failures, up from 10,682 in 1906. Manufacturing collapses led the rise with 2,913 failures and 100,000,000 in liabilities. Banking suspensions reached 142 cases, prompting late-year panics but many banks resumed operations.

MENTIONED IN THIS ARTICLE

Dun Dun’s Mercantile Agency Dun's

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Rulings Affirm Deer-Foot Knives as Hunting Implements

The Board of United States General Appraisers sustains a claim by Bergfeldt & Co. of New York that deer-foot folding knives with five inch blades are hunting knives under the Dingley tariff. It reverses the $5 duty on filasp knives and clarifies that calendars printed exclusively in French enter free, while English calendars face the 25 percent printed matter duty.

MENTIONED IN THIS ARTICLE

I. F. Fischer Board of United States General Appraisers George Bergfeldt. & Co New York Custom House Massee & Whitney of

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Real estate and mining firms chartered in New Jersey

A list of new corporate charters issued in Trenton includes Lexington Company Jersey City to deal in real estate and Pennsylvania-Exploration Company Palmyra to mine and ship ore minerals. Other formations include Brown Realty Long Branch, Essex Realty Newark, New Jersey Automobile Exhibition Newark, Seaside Yacht Club Atlantic City, Donaldson Lumber Newark, George N Thurber Jersey City, Phoenix Realty Hackensack, and Wheelock Land Atlantic City with varied capitalizations and incorporators.

MENTIONED IN THIS ARTICLE

Trenton N. J Lexington Company Jersey City Sam P. Savage F. John McKee Albert Rockwood Pennsylvania — Exploration Company T Palmyra Capital F. von A. Gaven Edward C Routelle Curtis ¢. Hutchinson I Brown Realty Company Long Branch George, J. Brown Bernard C. McKenna Edward A. Grimley Essex Realty and Investment Company Newark Henry W. Begner Adolph E. Schneeweiss Gott- Heb Yunker Phoenix Realty Company Hackensack Henry P. Werick Henry C. Levi Edward Sticht Wheelock Land Company Atlantic City Harvey Shullway J. B. Slack Alfred C. Burns

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Market Street Kravens Board of Trade R. Havens Helena Mon Kimberly-Montana Mining Company Montana Kimberly Company Adier S.—C. ‘V. King Atwell G. J General Supply and Construction Co Abramson H. — G. Kemp Arker I. Peleyger Arco Burnett W. E D. Effron Baron L. Solomon Hodenheim E. Kleiner Pracker People Pergen Same Minnie A J. C. Bremer Costs Ali Claudon Adm Great Council of the Improved Order of Red Men State of Calder Morning Telegraph Co Crossman G. W W. H. Malla Cohen Dora—I. Pelegger Cordes Louisa Mock Dierenberg H.—Same Craighead W. B H. Kayton I. A Li. Solomon Cooper Bertha S. A F. H. Calcott & Co Clarke R. L Cooney J.—Same Cannon S.—Same Copola Driscoll J. H F People Davis Johanna City By. Co W.—Same Dwyer John J William, Charles Frank D. Smyth J. de Beck A. M 28Th St. Co Annie—S. Ballin Dunleavy J. A D. H. Carstairs Dale Jennie L. J. Finch Deitz B.C. Fay Duryéa F. W Katharine Carter Ensworth Frances Interurban St. Ry. Co Ellery O. Sciacco Elphinston A.—M. Harris Estep R. J People, &c Fanning N. O Hudson River Tel Freu Fitasen A Motor Boat Publishing Co Ffiman S.—S. Schmidt & Co Lyth J. E L. N. Downs Lane M. P J. Sinnott Levenson M. Rosenthal Leader S. J. Neuman A. C van Nest Wood. Working Co Munchek Hannah John—F. Wohn Murray P. McGee Meyer Met. Tobacco Co Mazzella Onrosoff N.—Gorham Co Att Overton J. B.—American Agricultural Chemical Co O'Hara J.—T. W. McManus Oppenheim H.—M. Hertech Persyn C. W. Dyer Proctor C. T J. T. Haverty Pearson Rachel A. Freedman Paraskwopoulos F. Poulos Parisi Schmidt A. Kloeben Stern H. Holzman Siff Telep. Co Schott Lena H. Ward Stola R. Battirl Shipman C. L H. Hansen J. L. Kruger Woolson O. C F. Emmerich Wendling C.—Mussgiller Mangels Co Weinberg T. Zindler Werner L.—H. Wahlers Weinstein J.—N. Roplitzky Weisdorfer J. J. Dooley White S. A. Darling Zubermann Rosie Zink the Minsky Realty and Construction Co Bay Shore Realty Co Munzer Chemical Co Glaser & Weiss Fur Co Chas. F. Finn Supply Co Advertising Show Co Acadian Marble Co the Auto Advertising Union ‘Ry. Co M. Commerford Saime T. J. Commerford Buyerg 1000 Bryant Times Times Sq Niagara Falls I. S. Silberberg Furnisee J. Silberberg Hengerer Wilstar, Company Buffalo Miss E. Spillane Wear Church Street Shepard-Norwell Company A. S. Lovers Union Square F. Bacon Mandel Brothers B.S. Bush Broome Stres Mecarren Millinery Company Kansas City M. Barnes Wellington Gutman H. J. Gutman Aorees ‘& Washburn Salem Bigelow Walker Even Adam Meldrum & Anderson Company R. B. Adam Walker Street Denholm & McKay Company Worcester L. S. Brown Trask Prescott & McKay Erle Hafmeyer Morse Brothers & Ehrlich C. P. Morse Cadillac Pomeroy & Stewart E. XN Stoner Herald Square Omaha Neb B. L. Danforth Heralt Square Forbes & Wallace Springfield Ess Wallace Donaldson IL. S C O Minneapolis L. Ss. Donaldson E. E. Durand Kann Kann, 8., Sons & Co Washington, D. C L. Kann Albany R. M. Rich C. B. Harris St. Denis Silverman & Son S. S. Silverman Lewis,a. T., & Son Denver Col C. W. Finlayson Snellenberg M. Lippincott B. E. Ramsey Mayer Brothers & Co E. D. Mayer Jordan-Marsh Company J. Watters R. Milton Siegel, H., Company A. Hanley Wolcott Denholm& McKay Company J. P. Strauss Bee Hive L. J. Schiff Kaufman Brothers M. Kaufman Filene’s Sons Company Iron and Steel Notes NEW York Central Finances Metal Market Reports Ely the United Service Army the Navy New Haven Road Financial Notes Burlington & Quincy R. R Illinois Superintendent of Insurance Secretary of the Treasury Procter & Borden Equitable Building Cord’t Cotton States Tor New York Times Albany, Jan Booklyn F Automobile League Frank J. Griffen Nassau Street Nichola Ninety-sixth Street Baron P'rinting Company Paul Baron Abner Haron West Forty-second Street Woldemar Ahrens Ninety-eighth Street New NEW York Realty Owners CO Fifth Ave N.Y Jer Eere Chatham National Bank John S Elthowgh Incorporated New Jersey Brunswick-Balke-Collender Co Decker’s East 8Th St Department OF Water Supply Park Row Borough of Manhattan City Borough of Brooklyn Furman and Joralenion Streets Borough Borough of North River Gee City Specord John H.J) Brien City of Police Department City OF New York Mulberry Street Porter Department City of New Yo Central Department Manhattan Bronx Queens Richront Theodore A. Bingham Eity Borough of Queens John H. O'Brien Department OF Public Charities East Twenty-sixth Street Department of Panic Charities Robert W. Hebberd Department of Public Charitties New York City Broony B Robert W. Hebsberd Department OF Docks F. 29Th Streets East River Pier A Battery Place Department OF Docks and Ferries Butte Place West 30Th Street Nort River

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Articles on This Page

Business Troubles Shroud New York Firms in Bankruptcy

MENTIONED IN THIS ARTICLE

Debtor Creditor Judgments Filed Dates Snapshot

MENTIONED IN THIS ARTICLE

Guide for Buyers Apparel and Home Goods

MENTIONED IN THIS ARTICLE

Arrival of Buyers From Across the Nation

CLOAKS SUITS AND HOSIERY SUPPLIERS LISTED IN COLUMN SALE

MENTIONED IN THIS ARTICLE

Widely Ranged Dress Goods Firms Listed With Hotels

Iron and Steel Notes Show Sharp Production Drop

MENTIONED IN THIS ARTICLE

New York Central Finances Move Delayed in Routine Meeting

MENTIONED IN THIS ARTICLE

Metal prices hold steady as London and New York quotes diverge

MENTIONED IN THIS ARTICLE

United Service Moves and Naval Vessel Movements

MENTIONED IN THIS ARTICLE

Morawetz Attacks Aldrich Bill on Currency Crisis Plan

MENTIONED IN THIS ARTICLE

Brandeis Attacks New Haven Boston & Maine Merger

MENTIONED IN THIS ARTICLE

Northern Pacific Declares Quarterly Dividend at 1 Percent

MENTIONED IN THIS ARTICLE

Bowling Green Trust elects officers and fills vacancy

MENTIONED IN THIS ARTICLE

Cotton Market Steady With Mixed Forecasts and Moderate Sales

MENTIONED IN THIS ARTICLE

Philadelphia Stocks Dip as Reading Leads Trade

MENTIONED IN THIS ARTICLE

New York Firms Formed in State Incorporations List

MENTIONED IN THIS ARTICLE

Financial crashes of 1907 and Dun's Review analysis

MENTIONED IN THIS ARTICLE

Rulings Affirm Deer-Foot Knives as Hunting Implements

MENTIONED IN THIS ARTICLE

Real estate and mining firms chartered in New Jersey

MENTIONED IN THIS ARTICLE

Also Mentioned on This Page

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