Sub Rosa Concerns and Rebates in Standard Oil Hearing
Testimony at the government suit hearing before Special Examiner Franklin Ferriss reveals Standard Oil of New York controlled sub rosa affiliates posing as independent firms. William R. King says rebates were rare, prices varied by city to meet competition, and the company shipped oil by sea to New England.
MENTIONED IN THIS ARTICLE
Standard Oil Company
Franklin Ferriss
Custom House
Standard Oil Company of New York
Standard
Geveral Sub Rosa
William R. King
Standard Oil Company of
New York
New England
Frank B. Kellogg
Standard of New York
Mr. King
Standard of
King
Kellogg
Maine
Bayonn
Boston
New Haven
New Bedford
Portland
Bangor
Mr. Kellogg
Springfield
Mass
New York and
Kine
Albany
Kellogs
Mr. Kelloge
Ouragents
Hisgen Brothers
Machinery Orders Increase Promising in June
Waukee reports a marked improvement in general business. President W H Whiteside states bookings of machinery orders rose from 30 to nearly 60 percent of normal in the last ninety days. New inquiries and demand for expansions suggest prosperity returning and a larger volume of orders for extensions.
MENTIONED IN THIS ARTICLE
New-York Times
Waukee
W. H. Whiteside
Halmers Company
Dune
Harriman Line Work Begins Across Key Extensions
Vice President Mahler announced Harriman line extensions will start July 1 after a months long halt due to financial unrest. Projects include the Athol Hill cut off in Colorado and a North Platte River branch from North Platte to North Port with large work gangs dispatched.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Mahler
Harriman Lines
Athol Hill
Colorado
North Platte River
North Platte
North Port
Bennington Found After Escape From Flushing Sanitarium
I Newton Bennington a former top race track figure and known plunger was found at the Hotel Imperial in this city after escaping from Dr Coombes s sanitarium at Flushing. He was turned over to sanitarium authorities and later discussed a return to racing with police. Bennington once profited heavily in stakes with partners and owned notable horses including Bel Dame and DeMund. He had been confined for a year and his release and recapture unfold amid a dramatic career decline.
MENTIONED IN THIS ARTICLE
I. Newton Bennington
Tyesman
Dr. Coombes
Flushing
I. J
Hotel Imperial
Bennington
The
Imperial
Townsend
West Thirtieth Street
Dunn
Newton
Police Department
Lieut. Savage
Lieut. Savage of the Station House
Station House
Charley Gates
John Drake
Cornelius Bliss, Jr
Sanitarium
Beldame
Fred Burley
August Belmont
DeMund
Frank O'Neill
Bensonhurst
Paul Rainey
Newburg
N. Y
Jury returns two verdicts in Beth Israel case
A New York Coroner's Court jury divided on the deaths of Harry Rothstein and Mrs. Jennie Levy after Rothstein’s fall from a five story window at 130% Monroe Street and the subsequent removal of both patients from Beth Israel Hospital. The majority found injuries caused their deaths. a minority urged censure of the hospital superintendent for permitting removal.
MENTIONED IN THIS ARTICLE
Julius Harburger
Harry Rothstein
Jennie Levy
Beth Israel Hospital
Monroe Street
Levy
Gouverneur Hospital
Armstrong
Frank
Beth Israel
Grizzard
Harburger
Navy Yard Re-Employment Day Spurs Florida Build
At the New York Navy Yard re-employment day brings furloughed workers and many mechanics back to duty as the appropriation for the project becomes available. The Florida battleship construction will accelerate with 5,000 yard workers and incentives for top foremen and private shipyards. The yard aims to push Florida’s construction to record speed.
MENTIONED IN THIS ARTICLE
New York Navy Yard
Florida
Navy Yard
Labor Leaders Sentenced For Union Strike Violation
In Chicago on June 30, John J. Beltton, George H. Lakey, and Charles G. Grassel, business agents of the Carpenters' Union, were sentenced to thirty days in jail for violating an injunction against striking on buildings under construction. In Dubuque, Iowa, 400 workers of the Chicago Milwaukee St Paul road resumed work on a ten hour day six day week following Illinois Central Railroad’s plan to restore 8,000 jobs. The crop outlook remains first class despite storm impact.
MENTIONED IN THIS ARTICLE
Chicago
John J. Beltttan
George H. Lakey
Charles G. Grassel
Carpenters’ Union
Dubuque
Iowa
Illinois Central Railroad
Chicago, Milwaukee & St. Paul Road
Wabash debentures to get no interest restricted by court threat
Directors of the Wabash Railroad decide not to pay July interest on debenture bonds A and B while refunding bonds receive 4 percent. Minority holders, claiming earned interest, threaten legal action as exchange terms to refunding bonds leave questions of priority unresolved. E T Jeffries declined to discuss minority positions.
MENTIONED IN THIS ARTICLE
Wabash Railroad
Wabash
E. T. Jeffries
Gould
Bankers to Continue Buying Erie Coupons for Cash
The offer of J P Morgan Co to purchase the July coupons on the Erie Railway Road prior lien and general mortgage bonds expired yesterday but it was announced that bankers will continue to buy these coupons for cash until further notice.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Erie
Chicago Stock Market Special to The New York Times
Chicago stock market report compiled for The New York Times covers notable price movements and trading activity across major sectors. Investors weigh earnings, inflation data, and policy signals while seeking direction amid fluctuating indices and volumes.
Copper and metals edge higher in London market
Spot copper in London rose by 10s from Monday close while futures gained 7s 6d. Closing prices: spot copper 56 15s, futures 57 6d 6d. Pig tin weak at £124 17s 6d spot and £126 futures. Lead weak at £1258. spelter unchanged at £18. Cleveland warrants easy at 5s 4d. New York Metal Exchange spot bids and asks listed alongside Monday figures.
MENTIONED IN THIS ARTICLE
London
Cleveland
New York Metal Exchange
Monay
Transactions in Bonds Shows Wide Range of U S and International Issues
A crowded bond page lists Imp Jap Govt 44s and 4s notes, U S and Canadian issues, and numerous American and railway bonds with prices, yields, and maturities. Entries include New York issues, Chicago lines, Northern Pacific and Reading records, plus West Coast and utility debentures, reflecting broad market activity and total sales figures for June 1908.
MENTIONED IN THIS ARTICLE
Shisecalar
LS & M
Wees
PANOS
SIAW
Ce Pontes
Itoniae & Nashyv
Hide & Lots
Ieee
Fou
Edocs Lino BO
K & Tx
Air Braks
Osshenees
Socainn Ava
H &H
Leece
Coast Line
Yaitmore &Ohio
Bklyn Rap Trans
Central of
Ga Ry
Chesapeake & Ohio
Bur & Q
UN Pac
KOO
Union Pac
M_Un Pac
Enee
SEAN
RIE& P Ry US Steel Corp
Areca
Col Mid
Col & So
Col & Southa
West Shore
Ieneral Electric
Westingh E
ATCO
Green Bay
Grain and Provisions Grain Market Report Summary
Grain and provisions show export activity with forty three loads including eighteen for prompt shipment. Prices in Liverpool Berlin and Budapest shift while Illinois reports condition 8X down ten points from May. spring wheat up three. Interior receipts total 265000 bushels. New York No 2 red 95 964c, No 1 Northern Duluth 174, No 2 hard Winter 1 17 free on board. Corn market remains strong with 75 condition in Illinois and Liverpool up 14 cents. No 2 corn at 78c elevator and 78c FOB.
MENTIONED IN THIS ARTICLE
Liverpool
Berlin
Budapest
Illinois
New York
Northern
Duluth
Cotton Market Ties Quiet Tone With Slight Decline
The cotton market closed steadier after a quiet day, with August down a point and most prices trading 3 to 5 points lower. Daily sales were about 75,000 bales as spot markets remained firm in New Orleans Memphis and other southern centers with slight variations in bid prices and futures ranges across July through March contracts.
MENTIONED IN THIS ARTICLE
JUNG
Eg Ean
Caterer Ae
Seceeesess Dee
Eeneeneess
S.ceeeenres
Gulf
New Orleans
Memphis
Mobile
Savannah
St. Louis
Houston
Elmer Stevens Promotes Frisco Notes Stirring Wall Street
An ad under Elmer E. Stevens of Chicago offered to sell 4% Frisco notes maturing December 1 at 70, triggering a price chase. Notes traded around 90 in Wall Street with higher bids, while Stevens vanished to Downers Grove later found by a bond house. His Chicago address and jewelry connection surfaced as the hunt continued.
MENTIONED IN THIS ARTICLE
Elmer _E. Stevens
Chicago
St. Louis
San Francisco
Wall Street
Mr. Stevens
Stevens
Downer's Circle
Illinois
Rock Island
Downer’s’ Grove
West Harrison Street
Bond Syndicate Extends Western Pacific Issue
The Western Pacific bond issue extends for one year after a meeting of underwriting managers at Blair & Co. The syndicate, led by Blair & Co. William A Read Co. and William Salomon & Co. previously purchased the bonds and Denver & Rio Grande notes. About two thirds of the $50 million issue were withdrawn for investment including $2,603,000 bonds to the General Education Fund. Most remaining bonds stay under syndicate control with assurances not to flood the market.
MENTIONED IN THIS ARTICLE
Western Pacific Syndicate
Blair & Co
William A. Read & Co
William Salomon & Co
Pacific Coast
General Education Fund
Tot
Rockefeller
Anaconda Mining Co Declares 50 Cent Dividend
Directors at the Anaconda Mining Company declared a 50 cent per share dividend at the latest meeting matching the prior payout. The dividend is payable July 15 to stockholders of record July 1.
MENTIONED IN THIS ARTICLE
Anaconda Minin Company
Avidens
Admitted Taking Rebates in Freight Case
A. Booth & Co. a major Chicago fish and oyster firm pleaded guilty in Federal District Court to accepting rebates totaling 469 from Lehigh Valley and Nickel Plate railroads. Judge Landis will set sentencing. maximum penalty cited is 20000. The firm allegedly owned 500 refrigerator cars and formed Overland Refrigerator Express, earning a 12.4 percent commission on shipments and later rebates of 21 cents per rate in private cars.
MENTIONED IN THIS ARTICLE
Chicago
A. Booth & Co
West
Federal District Court
Landis
Sims
Booth & Co
Overland Refrigerator Express Company
Ralroads
American Stee Foundries adopts capital re adjustment plan
Stockholders approved a capital re adjustment plan and the company filed an amended certificate of incorporation in New Jersey. The new company's stock totals 17,184,000 dollars in one class, while 37,650,000 dollars of existing preferred and common stock has been canceled. Holders will receive new certificates and debenture bonds due to former preferred stockholders within days.
MENTIONED IN THIS ARTICLE
American Stee Foundries Company
New Jersey
New York
E. S. Mendels
Wall Street
Cew
Central Trust Company
Bow
Kidder
Peabody & Co. Farson, Son & Co
Washington County
Alja
Stock Exchange
Meyer & Ingston
Ti Broadway
European Markets Report From London Paris and Berlin
June 30 market round up shows money plentiful and discounts quiet in London with holiday attendance. Stock Exchange activity edged up as Henley Regatta thinning traders with most prices easing and gilt edges dull. American securities rose on New York open but faded later while Union Pacific stood out as a feature. Paris opened firm and closed steady on New York tips. Berlin trade was quiet with little price change as Americans rose on New York news.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Union Pacific
Paris
Exchange
Stock Exchange Seat Price Dips After Market Slump
The dull stock market yesterday lowered seat values with a sale at 70000 dollars, two thousand below the last price. Earlier in the year seats had risen as the market strengthened, marking a reversal in the trend.
MENTIONED IN THIS ARTICLE
Stock Exchange
Foreign public securities quotations in London market
The London market yesterday reported quotations for several stocks. Camp Bird, Esperanza, Tomboy, Dolores, El Oro, and Stratton's Ind. showed varied prices in pence and dollars with notable activity across the board.
MENTIONED IN THIS ARTICLE
Iastes Oiing
Londn
C& Camp -Bird
Esperanz
Dolores
el Oro
Qstratton
Coffee market holds steady as sales rise in New York
The market opened steady with a partial advance and bids up to five points from the previous day. New York trading saw unchanged to four point gains, while European markets were flat. No new advices were received due to the holiday.
MENTIONED IN THIS ARTICLE
New York
Transactions in June on the New York Stock Exchange
The June trading activity on the New York Stock Exchange totaled 0,557,0 e6 shares, with the first and 11th days showing peak and low volumes. Bond dealings across government, state, city, and railroad issues totaled $57,126,500, down from last month but up from the previous year, while overall monthly totals compared with past years show varied patterns across months and years.
MENTIONED IN THIS ARTICLE
New York Stock
Toto4
Siares
Janary
Ies A. Dans Ad
Boos Cie
Cansac
USGL
Ooe
Cdsa
Wall Street Notes on Europe-bound Travelers and Bond Distributions
Wall Street reports a surge in travel among Europe-bound financiers this week with several executives sailing next week. Highlights include John H. Davis & Co sails, James Gay of United States St Corporation departing today, and Lazard Freres figures Charles Aitse and Alphonse Furst set to sail midweek. Bond activity includes the Remington Typewriter Works distributing $145,000 in yearly bonds to 280 employees under a bonus plan.
MENTIONED IN THIS ARTICLE
Wall Street
Jehn
Gates
John HH. Davis
Jonn H. Davis & Co
James Gay
United States St Corporation
Charles Aitse
Lazard Freres & Co
Alphonse Furst
Maben
Pre
Sloss-Sheffield Steel_and Iron
Compa
Remington Typewriter
Ilion
S. L. Schoonmaker
American Locomotive Company
Reinhard A
R. Kmith
W. H. McAlister
British Revenues Fall in First Quarter of Year
Treasury report shows total United Kingdom revenue for the first quarter of the current fiscal year declined by 11,686,940 dollars compared with the same period last year. The detailed figures indicate a drop in key income streams and indicate tighter fiscal conditions ahead.
MENTIONED IN THIS ARTICLE
Ondon
Treasury
United Gdom
Army officers listed for duty and travels in 1908 National match
The United Service reports officers from multiple branches assigned to camp of instruction at Fort Riley Kickapoo Park and Camp Perry Ohio. Assignments include Capt Wo M Con Fort Riley and others to Fort Williams Harrison Helena or Knoxville for duty National match and related investigations and observations.
MENTIONED IN THIS ARTICLE
O. van Horne
Seventh Infantry
Kickauga Park
Camp Perry
Ohio
Fort ‘Benjamin Har- Ina
W. E. Hunt
Twenty-second Infantry
Perry
F. C. Bolles
Sixth Infantry
Wis
Fort Will Harrison
Mont
J. B. Douglas
Coast Artillery Corps
Pany
W. Packer
First Infantry
Slumibus Barracks
Ajor W. Lassiter
Third Field
Inspector General's Départment
C. C. Treat
Third Wield Artillery
BH. L. James
Dave Ferry
Navy Transfers Gunner C F Ulrich to Naval Hospital
The Navy reports Gunner C F Ulrich will be moved to a naval hospital at Puget Sound, Washington, for medical treatment and recovery.
MENTIONED IN THIS ARTICLE
C. F) Ulrich
Naval. Hospital
Sound
Wash
Movements of Naval Vessels
Movements of ships listed from various yards and ports including Newport, Dubuque, New Haven, Bremerton, San Francisco, Mare Island, and New London. Vessels named include Kearsarge, Olympia, Hartford, Nevada, and Preble among others bound for San Francisco or Trusie.
MENTIONED IN THIS ARTICLE
Ifed
Machias
Navy Yard
New York
New Haven
Virginia
Kearsarge
Toronto Cricketers Lead Quakers in 317 Run First Inning
In Philadelphia on June 30 the Toronto Cricket Club, a team of former college players, scored 317 runs in their first innings against the Philadelphia Cricket Club. They tied three of Philadelphia’s top batsmen for 88. Play will resume tomorrow.
MENTIONED IN THIS ARTICLE
Oronto
Hiladelphia
Toronto Nada Cricket Club
Phila+lpnia Cricket Club
Philadelphias
Also Mentioned on This Page
Standard Oil
Witness
Agents of Carpenters’ Union
Morgan’ & Co
Pittsburg Transactions
New York Times
Pittsburg
Sal High
Marsden Ae Eeewes Rae
Pittsburg Coal
Pittsburgh Con
Pitts
Plate Glass
River Coal
Tonopah
U. S Steel Pf
Westinghouse Air
Pennsylvania
Penn
Stock Market
Lst
South Side Elevated
Chicago Bus. Ist
Swift & Co
Wes
United
Western Stone
Teuse
DAS Air Coast Line
R. T
Kan
Lackawanna. Steel
Lackawanna Steel
Lake
Lou, & Nash
Mid Central
Public Service
St. L
San F
Gsi
Southern Ry
U. S. Rubber Co
Wheeling & L. E
Metal Market Reports
Eecess
NEW York Stock Exchange
Nor & W
Nor W
Cnv
Nows Sa
Northern Pac
Oregaoe Line
Tl&safrr
Erhan
Grain and Provisions
Mon
Lowe
Bala
Sita
Cie
del. D. D
R. G
Bes
AMW
T. M
S. Rclignece
C. Co
Patel” Ie Wsa
Uranby
Have
E. R
Hay. E. Ry
Hock. V. R
Inger.-Rand
Inger.r. Pf
Inter. Hare
Int
S. Zsee BR
TM. M
Laci
G. Pf
Bertiartes
Lake Shore
Hird
Strok
R? T
Rees
al Det
Nest. Md
lWestingh
We. Fe
Wis. C
Mackay Cos
Sm Thy Mah. C
Man
Béach
MD. Mer
Marine
Cme
Adams
M.pf
Am Ag
AL Apt
St. L FE
St. Am
Eeteses Ng Am
D. Tel
Iso Am
Inn Arbor
Ann A
O Pet. A
CL. & Atopilas
Beth Steel
DB Co
Beth, S
Hile Ee
B. R
Eawee Ae Su
Tel
Pao
Ast
Lan Baeer
Chi
Gt Aerese AO
Ac. ‘ Eo
Quick Ilver
St. Py M. & Ie
Rens. & Ss
le Fa
St L
S. Ra & E New Et
S Oc
S &Lwt Bees
Bears
Steel Foundries Plan Operative
Jon
Price of Stock Exchange
Foreign Public Securities
Bameren
Siig
Eeeenneee
Aya Ian
Tessian
Saxony
Stamburg
Cologne
Unich
Augsbure
Aed - Isls
Frankfurt-A-M
Jeenes
Don
Lonak N
Steer
Phis
Nash
Nouthern Pacific
Nion Pacific
S. Steel
U. S. Steel Pf
Wwe
Coglos
Biosa
Goa
Ithe Treasury
Ashington
Eservp
Bea
Wndeeswe
Sao
Financial Notes
Ira
the United Service
the Army
Wall Matson
Washington Karracks
H. S. Terrell
Tenth Cavalry
Knoxville
Tenn
Harriman
Jakdale
Hetsda Man
B. E. Cheever
Helena
Falls
the Navy
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