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Newspaper

New York Times

Location

New York, New York, United States of America

Date

May 06, 1908

Page

9

Freight Rate Increases Discussed by Eastern Western Lines

Traffic officials from Eastern railroads met with Western road representatives at the Trunk Line Association offices to discuss planned freight rate hikes. While progress was reported, no final decisions were made and the earliest implementation guesstimates range from October 1 to November 1 due to complex tariff work. Roads represented included Delaware Lackawanna & Western, New York Central, Cleveland Cincinnati Chicago & St Louis, Lake Shore, Michigan Central, and New York Chicago & St Louis, among others.

Eastern Railroads Trunk Line Association Western Roads Trunk Line Yesaas Pate Wester Tost Atrounk Delaware, Lackawanna & Western New York

Oklahoma AG and Rock Island Reach Rates Reduction Accord

Oklahoma Attorney General and Rock Island management reached an agreement paving a conference between state and railroad officials on reducing Interstate railway rates in Oklahoma. The AG will pause his dissolution suit over the merger while Rock Island valuation in Oklahoma is set at 40,008,000 per mile for tax purposes.

Oklahoma Rock Island Management Raiload Oklane Rock Island Frisco

Cotton Market Shows Irregular Yet Steady Close

The cotton market opened steady and ended the day steady with slight gains after a volatile session. Trade reported 250 000 bales sold. spot prices in the inland market remained unchanged at 10.46 middling upland and 19.65 middling all. Southern markets like Savannah Norfolk Galveston New Orleans Houston and Tulsa posted small gains or steady prices with modest sales.

India Augusta Avi Mey Lrsee Swat Ee Bok Migmeiaer Lebosien Etoile Savannah Norfolk Galveston New Orleans Touston

Partis Named Special Master in Metropolitan Steamship Trustees Case

Edward L Partis was appointed Special Master by Judge Lacombe to oversee creditor claims in this district against the Metropolitan Steamship Company, a Morse line. Receivers Cobb of American Trust Company and Berwind White Coal Mining Company control actions. Austin and Culver hold the company funds at National Copper Bank.

Edward L. Partis Lacombe Metropolitan‘Steamship Company Morse Lines American Trust Company Berwind-White Coal Mining Company Cobb Austin Culver Metropolitan Steamship Company National Conper Bank

The Foreign Markets May 6 Report From London Paris and Berlin

London stocks show cheerier tone with bear coverings on Indian news. Consols move from firm to best levels while American securities rise on Pacific stocks. Paris closes firm with three percent rente at 62 half, and Berlin notes firmer tone after soft start from foreign advices.

London Stock Exchange Canadian Pacific Paris Exchange

New York Incorporations List Highlights Urban Firms

Albany May 5 special to The New York Times reports numerous new incorporations including Millourne Realty Company in Brooklyn with 217000 capital, American Disability Company in New York at 260060, Atlas Steel Company in Dunkirk 50000, Galvin Transportation in Grand Island 50000, Hotel Belmore in New York 50000, and Blanchard Lansing Realty in Albany 30000 among others with listed directors and addresses. Also notes Elmhurst Building Company Queens 25000, Sumner Healey Company New York 20000, and Niagara Realty Corporation New York 540 as part of the capitalized roster.

Millourne Realty Company Brooklyn Capital Carl FE. Whitney Wadsworth Avenue Joshua M. Fiery, Jr Lighty N. J Duffy St. Mark’ Avenue American Corporation of ‘Wetatest New York Lyman VA. Loomis G. D. Wilson West Eighty-seventh Street Edward IE. Bair Garden Street Atlas Steel Company Dunkirk Chautauqua County Edward Burgess Ferey Burgess Ray’. Dickinson Junsville Penn East Twelfth Street Blanchard- Lansing Realty Company Albany Mess Capital Sarah J. Harper Abraham V. P. Lansing Marcus L. Blanchard Delmar N.Y Elmhurst Building Company Borough of Queens James * O'Brien Cook Avenue Elmhurst David Godley Richard D. Godley Whitestone Ted S. Healey Company Motors Herbert T. Jennings Broadway James W.mccabe Pearl Street Sumner Healey West Fifty-first Street Ell Empire Catering Company Canltal Albert Henninger Mary Henninger Hudson Street Mary Scharbacher Stebbins Avenue Weinbach Improvement Company John H. Bruns Julius Abramson Jefferson Avenue Charles W. Philipbar Hewes Street Watson Motor Company Lynbrook Julian N. Walton Nassau County Eldridge N. Smith Clermont Avenue George Hickey Wall Street R. Bellis J. RB Bellis H. M. Bellis Linden Avenue Flatbush Edward LG. Thompson Bellmore New Idea Laties’ Salt Company Benjamine Greentree Sidney Henken Fourth Street Julius Schwartz East Eightieth Street Charles F. Force & Co Charles 3 Force Sixty-sixth Street Charles 4 Maxcy West 135Th Street W. E. Goodwin West Nineteenth Street Patmead Company Kurt Adolph Conrad Mi Rls West Seventeenth Street George Statinder West Thirteenth Street Niagara Realty Corporation Cape Ital Louis A. Marks Alfred Marks Nassau Street Mf Casewell Deiie William Street Long Islant Delivers Company Valley Stream Vrank Nattenhausen Battenhausen Louis Roauer NOY

New Jersey Public Service to Issue 50 Million Bonds

The Public Service Corporation of New Jersey authorized a mortgage to cover a 50 million bond issue. The 5 percent bonds dated May 1, 1908, cover all company real estate and subsidiary interests. $3.725 million at par will be delivered to recoup betterments. larger sums retire notes and future improvements.

Public Service Corporation of New Jersey

Traction Debt Appeals in U S Circuit Court

Judges Ward Coxe and Holt heard the Metropolitan Street Railway and Merton Trust appeal of Judge Lacombe's March 7 order. Receivers Joline and Robinson were authorized to issue 3.5 million in certificates for rehabilitation. The certificates were made a lien on the Metropolitan property, surpassing 28.5 million in mortgages held by Guaranty and Morton Trusts. J Parker Kirlin argued for placing the lien on City Railway property instead.

Ward, Coxe Holt United States Circuit Court of Appeals Metropolitan Street Railway Company Merton and Guaranty Trust Companies Guaranty and Morton Trust Companies J. Parker Kirlin City Railway Company Metropolitan

Premium on sewer bonds reported in White Plains bids

Bids submitted for the $1,000,000 434 per cent Bronx Valley sewer bonds in White Plains. Full issue bids came from W. A. Read & Co. at $1,060,700 Estabrook & Co. at $1,041,400 and N. W. Harris & Co. at $1,028,100. The bonds were awarded to W. A. Read & Co. The village sold $74,000 of bonds at 110.81 with the lowest bid at 104.3.

White Plains Bronx Valley Sewer W. A. Read& Co Estabrook & Co N. W. Harris & Co A. Read & Co

Market Report From Baltimore Quiet After Losses Across Rail Stocks

The stock market was quiet and heavy in Baltimore on May 5. Atlantic Coast Line stock fell 14 points. Consolidation Coal and several bonds declined while Brown Brothers certificates rose a full point to 41. Shares were 120 bonds $48,000.

New York Times Baltimore Atlantic Coast Line Railroad Consolidation Seaboard United Railway Western Maryland Virginia Brown Brothers Ss & Fla Ag Dany GB Aye Boy Ates Gas E, & P Brown Bros Atlantic Coast Line Maryland

Bond Closing Quotes Compared With Monday in New York City

Yesterday’s closing quotations for New York City bonds are shown alongside those from Monday, highlighting shifts in yields and prices across several issue categories and maturities. The report notes modest changes in benchmark securities and regional spreads.

New York City

State banks and trust companies show mixed weekly results

The State Banking Department reports for the week ended May 2, 1908, outside Greater New York. State Banks: loans and discounts 78 64 million, up 104,060. total deposits 79,582,000 down 208,900. total reserve 14,968,000 down 152,800. average reserve 19.4%. Trust Companies: loans 117,410,500 up 522,900. total deposits 124,487,000 up 200,106. total reserve 20,577.19 up 24,400. average reserve 16.7%.

Greater New York State Banking Department

Charles Steele Retires From NY Telephone Board

Charles Steele of J P Morgan and Co. retired yesterday from the New York Telephone Company directorate at the stockholders meeting. He was succeeded by Charles L Kingsley. Three vice presidents were re elected but their designations First Second and Third were eliminated and all three became simply vice presidents.

Charles Steele J.P. Morgan & Co New York Telephone Company Charles L. Kingsley

April commercial failures show improved liabilities figures

Dan's Review reports April liabilities at 20,316,468 across 1,800 concerns marking the least unfavorable month since November. If brokerage failures are excluded, manufacturing liabilities remain the smallest since July, with year over year liabilities up 39,000,000 but down 7,000,000 versus March.

Dan Marek

Chicago Subway financial plan discussed in dispatches

A Chicago dispatch notes a forthcoming financial plan for the Chicago Subway likely to be announced soon. N. W. Harris & Co. offers investors at 63 and interest $2,500,000 Tnion Electric Light and Power of St. Louis refunds 5 percent bonds. London Underground notes and Guaranty Trust deposit window expires today. Pennsylvania Railroad denies acquiring Brooklyn Ferry waterfront as its service ends.

Chicago Subway Chicago Dispatches N. W. Harris & Co Wall Street Brooklyn Ferry Company

Delaware Charters Granted for Several Firms

The New York Times reports Wilmington charter grants on May 5 for Associated Charities of Wilmington and several directors. New incorporations include Darley Engineering Company of New York capital 100000, Trover Park Amusement Company of Pittsburgh capital 19000, Leroy Manufacturing Company of New York capital 20000, American Slate Company of Alberta Penn capital 50000.

New York Times Wilmington Associated Charities of Clifford FE. Izzard Margaret Hill Henry K. Miller Darley Engineering Company New York Capital Trover Park Amusement Company Pittsburg Penn Leroy Manufacturing Company American Slate Cee Alberta

Graft Allegations Mark Masonic Grand Lodge Session

The 127th annual Masonic Grand Lodge meeting opened in the Masonic Temple as Grand Master Town send Scudder of New York and S. Neilson Sawyer of Palmyra contend for Grand Mastership. Scudder denounced graft through gifts to district deputy grand masters and urged reform while noting trials and improper emolument practices. He warned against proxy representation and a grafted lodge system linked to Triumph Lodge U. D.

Masonic Grand Lodge Masonic Temple Townsend Scudder New York Neilson Sawyer Palmyra Twentythird Street Grand Lodge Scudder Triumph Lodge U. D

Advice to the unemployed and the national convention

J E How of St. Louis leading a National Convention for the Premmereve at 65 Fast Fourth Street Manhattan Lyceum. Speakers included Rev Dr J D Long and Rev Dr Harry S Baker with audience interruptions from anarchist Alexander Berkman. The event featured socialist ideas and critique of wealth and oppression.

J. E. How St. Louis Hohe Brotherhood Manhattan Lyceum Fourth Street The Bowery J. D. Long Parkside Presbyterian Church Brooklyn Harry 8. Baker Outh Brooklyn Unitarian Church Exander Berkman Ong Dives

Railroad Commission Orders Major Texas & Pacific Upgrades

The Railroad Commission ordered costly improvements on the Texas & Pacific between Fort Worth and Sierra Blanca, a 400 mile stretch. Estimated cost runs into millions, adding to prior 2 million spending on other divisions. Track to be reinforced with seventy five pound steel.

New York Times Austin Texas Railroad Commission Today Texas & Pacific Fort Worth Sierra Blanca

Controller Metz Sells More Revenue Bonds at Lower Rates

Metz sold additional revenue bonds yesterday at even lower rates than the 28 million dollars disposed of on Monday. The sales to Fisk & Robinson totaled 327 thousand with a 24 percent hearing. About 5 million dollars of securities bearing 3 percent interest were sold. Nearly 35 million dollars of these short term bonds have been sold within two days.

Metz Tffisk & Robinson

D. L. & W. Orders 49 New Engines

Delaware Lackawanna and Western Railway places an order for 19 locomotives at the American Locomotive Company. The order includes 20 switching engines, a ten wheel passenger, 7 mogul and 14 consolidation freight engines, with total cost near 1 000 000 dollars.

American’ Locomotive Company Pues Delaware, Lackiwaenna &Western Railway

Subway to Staten Island Hearing Ordered by PSC

On the application of Staten Island civic associations the Public Service Commission ordered a hearing at 4 o clock Friday May 15 on the proposal to extend the Fourth Avenue subway in Brooklyn to Staten Island.

Staten Island Public Service Commission Brooklyn Department OF Docks and Ferries Berniss Sreokirn Municipal Ferries Tietks Pier 4 Battery Place

McIntyre Found at Sanatorium as Receivers Probe Firm

T A McIntyre head of the failed firm T A McIntyre Co is hidden in Miss Alstons sanitarium at 26 West Sixty first Street. United States Commissioner Gilchrist Jr will question Thomas A Mel Intyre today to illuminate the companys affairs for creditors. Other partners say McIntyres control limited details and routine dealings were opaque.

T. A. McIntyre Stock Exchange T. A. McIntyre & Co Miss Alston West Sixty-first Street Thomas A. Melptyre United States Alexander Gilchrist, Jr MelIntyre

Limit High Buildings Stirs New York Architects

Ernest Flagg hosts leading architects to discuss limiting building height and area in New York. He advocates restricting high portions to a quarter of plots to improve light and reduce congestion, noting broad professional support for the principle.

Ernest Flagg East Fortieth Street Flagg Building Code Revision Commission The American Institute of Architects Society of Beaux Arts Architects Committee On Architecture Fine Arts Federation New York

Skyscraper Men Dine To Celebrate Singer Building Completion

Forty one construction superfintendents and foremen gathered at Ye Old Chop House on Cedar Street to toast the completion of the Singer Building project. Attendees included John J. Donavan toastmaster architect Ernest Flagg and several associate superintendents, engineers, and masons from Brady & Co. and Milliken Brothers.

Singer Charlesg. Armstrong H. P. Cram Henry J. Howell W. R. Warner J. P. Butler John D. Cordan Mason John P. Brady & Co William Boyle Milliken Brothers George Bartless

Temporary Madison Avenue Bridge Opens Over Harlem River

Traffic across the old Madison Avenue Bridge at 128th Street halted at midnight as the middle span was moved to a temporary berth near 135th Street. Tugboats and rafts placed the span, and full traffic will take days. crosstown service via Eighth Avenue to East River is suspended during the temporary crossing.

Madison Avenue Harlem River 128Th Street 135Th Street Crosstown Eighth Avenue East River 188Th Street

Large oversubscribed bond issue yields small allotments

Letters mailed by Kuhn, Loeb & Co notify subscribers to the Pennsylvania Railroad 40 million dollar bond issue of allotments. About 3 percent of the amount applied for goes to large subscribers while small investors receive about five percent or none if under 15 000 dollars. Deposits are returned with notices and checks through the National Bank of Commerce.

Pennsylvania Railroad Kuhn, Loeb & Co National Bank of Commerce

Creditors Warned to File Demands Against New York Philadelphia Co

In pursuance of a United States Circuit Court order creditors of the New York Philadelphia Company are notified to present their claims against the company to Receiver J Kearny Rice at 102 Church Street New Brunswick Middlesex County New Jersey. Claims must be verified under oath within two months or they will be excluded from dividends to be declared by the court. Dated New Brunswick New Jersey May 2 1908.

United States Circuit Court For District of New Jersey Stern and Silverman, Incorporated New York-Philadelphia J. Kearny Rice Church Street New Brunswick County of Middlesex State of New Jersey Kearny Rice, Beneeye New York-Philadelphia Company New Jersey

Long established Pomeroy Brothers business for sale

The long established and going stationary business of Pomeroy Brothers' Company makers of ink mucilage paste and sealing wax is offered for sale very low. A renewed lease on the factory and retention of old employes is possible. Frank Benjamin Receiver Prudential Building Newark NJ.

Pomeroy Brothers’ Company Frank Benjamin Prudential Building Newark N. J

Proposals for Education Building project in Albany

Sealed proposals by the Trustees of Public Buildings Albany are due by noon June 2 for the New York State Education Building on Washington Avenue. A $100,000 deposit and a $1,000,000 surety bond are required. plans available from Palmer & Hornbostel with a $60 deposit. Building must be completed by December 31.

New York State Trustees of Public Executive Chamber Capitol Albany Washington Avenue Hawk Swan Street Cit N. Y Palmer & Hornbostel William Stre Speifications, &c General Contractors Sube

Bankruptcy notices from the Southern District of New York

A series of bankruptcy notices for several petitioners including Paul L. Straty John W Johnson Steinberg Mfg Co David Jankowitz. Hearings set May 18 1908 or May 5 1908 at 10:30 A M or 2 0 o'clock with creditors to attend and show cause why discharge should not be granted.

United States District Court For Southern District of New York Paul L. Straty United States United States Court House City and Coty New York William H. Willis THOS U.S. District Court For SOUTHern District of New _York John W. Jonmnson John W. Johnson United States Court House and Post Office Wisaeliam Allen District Court OF the United States Southern District of Steinberg Meg. CO Steinberg Wiig. Co Steinberg Mfg. Co Willam Allen Wall St William Allien Va. S&s. District Court David Jankowitz William “Allen New-York

Bankruptcy sale announced for Louis Danishepsky assets

District Court of the United States Southern District of New York orders a bankruptcy sale of Louis Danishepsky assets. Auction by Charles Shongood, U S Auctioneer, at 12 Deancey Street Manhattan. Goods include sideboards chairs couches beds dressers dining sets and more. Receiver John Gruenberg and attorneys H J Lesser handle proceedings.

District Court OF the United States New York Hkankruptcy Louis Danishepsky Chas. Shongood U. S New -York Deancey Street Manhattan John Gruenberg

Amended Summons in Supreme Court NY Case Loew et al

Summons issued in the Supreme Court of New York County against Edward V. Loew plaintiff and defendants including Franklin J. Wood Cora L. Wood Julia F. Loew Harry B. Davis City of New York William R. Mitchel and others. The amended summons directs defendants to answer within twenty days and warns of default judgment.

Supreme Court County OF New York Edward V. Loew Franklin J. Wood Cora L. Wood Julia F. Loew Harry B. Davis City of New Yor Wiliam R. Mitchel William H. Somers David Steigerwald Emile Helmberger Defaud John W. Irwin Broadway City and N.Y Cora J. Wood James A. O'Gorman Supreme Court of State of New York Americid County Court House Borough of Manhattan New York John V. Irwin Breastway Borough of Manhattan City County of

Manhattan 2th Ward improvements notice

The City of New York advertises a Board of Revision of Assessments hearing for assessments and arrears related to improvements in Manhattan 2th Ward Haven Avenue regulating grading wirring and flagging from West 17th Street south to 64.51 feet north. Herman A Metz, Comptroller, April 30, 1908.

Board of Revision of Assessments Borough OF “Manhattan Istth Street Third Rider Avenue Herman A. Metz City of New Yore

Public notices from early New York City records

Sealed bids notices and public notices issued by City departments in Manhattan Brooklyn and Queens for road, water, fire, and public works projects bids due dates May 1908 and job details to be published in The City Record.

Also Mentioned on This Page

Massyof Philadelphia Metropolitan Steamship Creditors United Gas Improvement Tod Ay Gil Yous Amal Spyer Seer Loreage Our Hunt & Bread Ain Keystone Lehigh Tennsylvania div Penn Steel Phila Inlee Aen Phila Pete Wee Ged Berlin Erlin Foreign Public Securities Ask Consol Zerman Consol Hamburg City of Gologne Munich TEN of Augsburg Pibanietort Matin Lon- N Wy Atchison St. Pau Enreseves Tal Erie Erie Ceni Lou. & Nash Os LON . Quoz Pennsylvania So. Pac Union Pacific U. S. Steel Oe Ss. Steel Pf Anaconda Coast ROT Riteau & Ohio Brook Paclotto Ches & Chio Louis & Nash Alcan Republic Steel A Steel Ley Southern Pac Southern Ry Texas Pacific Union Pacifik T S. Steel Aigif Ogg Sey Utah Bog Atlanta Srunswick Tiamondfield Ton Tih Ltd Ontario Nevas Aes Nece York Times Talking Picture Film Company George H. Vanse von Ellen Mark Street Woodford -Mabey Bro Hasbrouck Park.and Company Frank D. Fryi Newtik Jersey Traction Bonds Public Service ‘Directors U. S. Court of Appeals W. A. Read & Co Bronx Valley Financial Notes Delaware Masonic Alexander Berkman Isthmian Canal Commission Washington, D. C State Street Custom House Boston Mass Buffalo Cleveland Ohio Cincinnati Chicago Tompkinsville Tompkinsville, . Co Cornell Ivté Stenhart Ternman Samir Cerner Valver William Foxe Axwell Sched Park Row New Fock Siat Ates Water Sapp Gas Menhcitun Leuayd O'Brien City Hall City of New York Spe Berersh Boroush Manhetal Euental Terthern Wiohn Muanhetton Carnisninz Nichotas J. Hayes Wbove Broetyn Aesity Nicholas J. Hayes E Commission Municipal Civil Servic Neris Neb Lafayette Street Tih Fear Matork Otheravis Duttes Seth F.X Spencer Senate Henses Queens New “York Ras Crey Park Ave Stend Normal College Waint Daves Prater Secofa NEW Oak Times New York Stock Exchange Amd POR Rea
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