Financial optimism grows as Taft nomination eases market fears
The article notes improved financial conditions after Taft’s nomination, easing fears of a Roosevelt third term. It cites three drivers of renewed prosperity: favorable politics, good harvest progress, and cheap money. It highlights drought and flood impacts, Kansas acreage loss, crop yields, and capital saving by corporations aiding financing and gold repatriation.
MENTIONED IN THIS ARTICLE
Taft
Kansas Grain Dealers’ Association
Kansas
Republic Iron and Steel Company
Lake Erie & Western
Big Four
Louisville & Nashville
Freight Claim Payments Aim for Prompt Settlements
At the Atlantic City Freight Claim Association meeting Freight Traffic Manager George D. Dixon of the Pennsylvania Railroad urged railroads to decide all claims quickly. He proposed thirty days for single-line shipments and sixty days for multi-line claims, stressing prompt payment of reasonable claims and prompt denial of unreasonable ones.
MENTIONED IN THIS ARTICLE
Atlantic City
Freight Claim Association
George D. Dixon
Pennsylvania Railroad
Dixon
British Columbia Mines See Long Term Growth Through 1907
The report shows British Columbia’s mineral production from 1852 to 1907 approaching 300 million dollars. Values rose steadily since 1890, with a notable jump to 25.9 million annually in the late 19th and early 20th centuries, driven largely by coal and coke. Gold placer and lode gold, silver, lead, and copper contribute major shares to the total.
MENTIONED IN THIS ARTICLE
British Columbia
Pennsylvania Railroad trains cut smoke to save coal and fuel
The Pennsylvania Railroad launched an education campaign for engineers and firemen to reduce locomotive smoke and conserve coal. Five Pittsburgh district trainers teach efficient firing across divisions, aiming to cut energy loss from smoke on a system of 6400 locomotives. A one percent coal saving could reach about $100,000 annually.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Pittsburgh
Pennsylvania
Pittsburg
Fugitive John Ryan Nabbed After Newark Chase
John Ryan wanted for uttering checks was captured early yesterday in Newark after a lively pursuit by Orange and Newark officers. A plain clothes officer tackled him after he dashed through a window. he faces arraignment in Orange on charges tied to forged signatures of local businessmen.
MENTIONED IN THIS ARTICLE
John Ryan
Newark
Orange
Ryan
Drabell
Roundsman Brown
Frederick C. Shann
William Underwood
Charles Saugy
Steel trade slow in making recovery
Pittsburg June 21 The week saw only activity in steel bars as implement makers contracted for full yearly needs starting July 1. Large producers Carnegie Steel Jones & Laughlin Republic Iron Illinois Steel led a 200000 ton week with prices cut to 4 a ton, signaling cautious demand and a potential confidence boost amid mixed outlooks for wire nails structural material and tin plate markets.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Carnegie Steel Company
Jones & Laughlin Steel Company
Republic Iron and Steel Company
Illinois Steel Company
Gary
Steel Corporation
American Sheet and Tin Plate Comany
Amalgamated Association of Iron, Steel and Tin Workers
Amalgamated Association
Workers In Convention
Bessemer
No. 2 Foundry
Gray Forge
Valley Furnaces
Starrett Wins Land Suit Over 73 Harrison Street Property
Chief Justice Gummere affirms Chancery ruling in favor of Paul Starrett of Fuller Construction Company. Starrett claimed title to land at 73 Harrison Street East Orange after buying from Charles S. and Harriet G. Boynton for 22500 dollars. Disputed 13 by 66 or 136 foot rear strip kept hedge and fence. Starrett refused payment and surrender. Neighbors Justice Dill and Dr Stockton testified, and lower court supported Starrett. appellate decision upholds.
MENTIONED IN THIS ARTICLE
William S. Gummere
New Jersey Court of Errors and Appeals
Court of Chancery
Paul Starrett
Fuller Construction Company
Charles S. Boynton
Richardson& Boynton Furnace Company
Harriet G. Boynton
Starrett
Harrison Street
East Orange
Boyntons
Hews
James B. Dill
Charles 8. Stockton
Boynton
Chancery Court
Gummere
Markets of Europe stagnate as Taft nomination steadies mood
London reports almost complete market stagnation with South African issues standing out. Taft's nomination is seen as relief from Roosevelt and briefly stimulates American sections. Berlin bank rate cuts and liquidation of crises improve sentiment, but later rumors of railway dividend cuts dampen gains. Baltimore shares fall on reduced dividends. German bankers say Taft nomination is satisfactory, preferred to Roosevelt.
MENTIONED IN THIS ARTICLE
Chicago
Roosevelt
Taft
NEW York Times
London
Stock Exchange
Shorter's Court
New York
Berlin
Bank of England
Paris
Germany
Berlin Bourse Nervous Over International Situation
Berlin stock market mood stays unsettled as official German government statements fail to lift optimism amid mounting international tension. Traders showed extreme nervousness throughout the week, with prices and sentiment dampened by uncertain political developments.
MENTIONED IN THIS ARTICLE
New York K. Times
Berlin
Paris Bourse Sees Satisfactory Underpinning Despite Fluctuations
Paris readers note a smaller week of business on the Bourse but a generally upbeat tone. A recent uptick in prices spurred profit taking temporarily after the Kaiser's Doeberitz speech misinterpretation, yet investor funds quickly returned to gains as the French market regained confidence. Copper's strength is viewed as a signal of rising metallurgical shares.
MENTIONED IN THIS ARTICLE
NEW York Times
Paris
Doeberitz
Wall Street
Britannia and City of Alpena Collide on Detroit River
A collision between the Britannia and City of Alpena on the Detroit River caused panic aboard the Britannia as it pulled from Third Street. The City of Alpena sustained minor damage and proceeded downstream, while the Britannia had little damage and no serious injuries were reported.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Detroit River
Belle Isle
Britannia
Detroit and Cleveland Navigation Company
City of Alpena
Third Street
Wayne Street
Erie Railroad Prepares For Fast Resumption Of Work
Erie management and powerful interests anticipate an early return to full operations with active maintenance crews. Three thousand men are repairing tracks in summer work, engine shops are loaded, and over a hundred freight locomotives are out for repairs. The road aims to fix 56 000 freight cars in thirty days and has 40 Pacific passenger locomotives, with bids sought for fifteen more.
MENTIONED IN THIS ARTICLE
Erie Railroad
Erie
Revenue Cutter Hudson Collides With Ferryboat Manhattan
While backing into the river yesterday afternoon the revenue cutter Hudson was driven under the stern of the Staten Island Municipal Ferryboat Manhattan by a strong ebb tide. The overhang of the ferry smashed the Hudson’s deck houses from after cabin to galley. hull remained intact and the Hudson continued down the bay amid passenger excitement on the Manhattan.
MENTIONED IN THIS ARTICLE
Hudson
Staten Island Municipal
Manhattan
Union delegate opposes Metz over subway works delay
William Green of the House smiths Union announced at the Central Feder ated Union meeting that the housesmiths will oppose Controller Metz in any political office he seeks due to his failure to meet labor demands for immediate subway works startup.
MENTIONED IN THIS ARTICLE
William Green
Housesmiths’ Union
Central Federated Union
Housesmiths
Metz
Burglary Shootout in Hillsdale Leaves Albert Riley Shot
Albert G. Riley 21, a Hackensack High School graduate and N G N J member, was wounded in the arm during a midnight burglary. He and brother Charles fired on the intruder as Mrs Riley watched in horror. The burglar fled into the woods after a struggle, and a posse searched the area without locating him. Dr Levitas treated Albert for a painful but not serious wound amid reports thieves have been active nearby.
MENTIONED IN THIS ARTICLE
Albert G. Riley
John Riley
Hillsdale
N. J
Riley
Hackensack High School
Hackensack
Charles Riley
Albert
Mrs. Riley
Ibert
Charles
Rhen
Dr. Levitas
Also Mentioned on This Page
Redmond a.Co
Peau Street
Chestnut St
Philadelphia
Tasue Circular
Spencer Trask & Co
William and Pine Sts
New York Stock Exchange
Wall ST
BLAIR@CO
Broad ST
Omestic
Travelers Letters of Credit
Kountze Broturrs
Broadway
Cedar St
Bertron, Storrs
Griscom
Land Title Building
Henry Clews & Co
Broad St.m Leates
NY Stock Exchange
CIES
Farson, Son & Co
Pine St
John
N. Y. Stock Exchange
J. F. Pierson, Jr., & Co
Europe
Bank of Germany
Agrarian Party
France
United States
R. R
Jersey Court
the Markets OF
Revenue Cutter Bumps
Atchison, Topeka & Santa Fe
R.R. Co
San Francisco
San Joaquin Valley
R. R. It. Gold Bo
Mercantile Trust Co
N. Y
Atchison, Topeka & Santa Fe Railway
Kern Junction
California
Port Richmond
Atchison, Topeka & Santa Fe General Mortgage
Atchison
Hanover Bank Building
York City Railway
Metropolitan Street Railway
City of
General & Coll
M. A. Read & Co
Nassau Street
Baltimore
Osborn W. Bright
Charles F. Bloomer
Exiward
B. Smith Francis
E. Bond
Boston
Edward B. Smith
Pine Street
The
Nassau Bank
Comer Nassau and
Beekman Sts
Mobile Electric Company
Duluth Edison Electric Company
San Diego Cons. Gas & Electric Co
Oklahoma Gas & Electric Co
William P. Bonbright & CO
New York Stock Exchange Telephone
Broad Street
Dominick & Dominick
NEW York Stock
Broadway, N. Y
United Bank Note Corporation
Chas. H. Jones & CO
Jersey
Federal Sugar
Great Northern Paper
Gray National Telautograph
International Nickel
Royal Bubbing
Frederic H. Hatch
Broad
Stewart & Lockwood
Air Curb & Cobalt
Toronto
Exchange Place
Adelaide St
Hanover
Keen & Ward
N. Y. Stock Exchanges
Beekman Walter S. Timm
Nassau St
New
N. W. Halsey & CO
Cram, Mulliken & CO
Bankers
Congress
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