Bankers Urge City Reform Finances At New York Convention
Savings Bank Association of New York State urged reform of New York City finances. President Van Rensselaer cited $150,000,000 in city bonds and called for audit, accountability, and clearer liability disclosure. Controller Metz plans reorganization with expert accountants. delay persists.
MENTIONED IN THIS ARTICLE
Savings Bank Association of
New York State
Chamber of Commerce
W. Bayard van Rensselaer
City of
New York
Department of Finance
New York City
William J. Coombs
Brooklyn
Metz
Miller
Bureau of Municipal Research
John Harsen Rhoades
Clarke Williams
Cotton Up and Down After Market Rises Then Declines
The July cotton market rose on the Detford Exchange to 9.48 and closed lower by 80 points after 250000 bales traded. Liverpool spot cotton spiked by 267 Hinglish points amid fears of a corner and heavy spinner buying, while May cotton reached 10.05 as shorts covered amid mixed broker opinions on market manipulation.
MENTIONED IN THIS ARTICLE
Detford
Liverpool
Shorts
L. Livermore
Unusual trust executes cremation of Miss Frances Miller
An officer of Title Guarantee and Trust Company acted as executor of Miss Frances Miller's estate. Miller, a music teacher, died at 100 West Seventy-eighth Street leaving at least $20,000 to relatives and friends. The will directs cremation and ash scattering under the executor. Cremation happened at Fresh Pond Crematory on Tuesday. ashes were scattered yesterday without ceremony.
MENTIONED IN THIS ARTICLE
Title Guarantee and Trust Company
Frances
Miller
West Seventy-eighth Street
Fresh Pond
Asphalt bids spark controversy over collusion claim
Barber Asphalt Paving Company responded to Borough President Ahearn’s charge of an asphalt trust after bids for repairs showed varying prices from Barber, Sicilian, Uvalde, and Asphalt Construction. Past bids and current lettings reveal price swings, plant locations, and losses, with critics arguing higher bids signal collusion while supporters cite competitive factors.
MENTIONED IN THIS ARTICLE
Barber Asphalt Paving Company
Ahearn
Barber Asphalt Company
Asphalt Construction Company
Sicilian Asphalt Company
Uvalde Asphalt Company
Uvalde
Uvalde Company
Sicilian Company Ltd
Barber Company
Sicilian Company
Asphalt Construction
Cleveland Banks Fail as Trust Company Assigns
Cleveland news reports Reserve Trust Company assigned to Superior Savings and Trust Company with liabilities around 2.7 million. Bank officers promise full depositors, capital 300000. Adam Graham presides, William N Perrin secretary treasurer. American Savings Bank closes after runs. cap 50000, deposits about 300000, President T Epstein. Plain Dealer blanks and checks complicate week. many new deposits at Reserve, none to be lost.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Reserve Trust Company
Superior Savings and Trust Company
Adam Graham
William N. Perrin
Ohio Trust Company
Norwalk
Oho
American Savings Bank
Bank
T.epstein
Clearing House
The
Plain Dealer
Reserve “Trust Company
Reserve
Examination of McIntyre Brokerage Chief Delayed Again
The hearing for Thomas A. McIntyre, head of the suspended T. A. McIntyre & Co., was postponed to 2 P.M. today. A court order, restraining staff of Miss Allston's private Sanitarium, was used by a subpoena server to secure McIntyre's access to the supposed invalid. Judge Hough issued the order.
MENTIONED IN THIS ARTICLE
Thomas A. McIntyre
T. A. McIntyre & Co
Gilchrist
Mr. McIntyre
Miss Allston
West Sixty-first Street
Hough
Inter-Met inquiry to be wound up by Public Service Commission
The Public Service Commission moves toward completing its long interrupted Inter-Met inquiry. Public hearings halted in fall as Wall Street fears spread and pressure mounted to stop the probe. Accountants have nearly finished reviewing evidence and will read results into the minutes with witnesses as needed.
MENTIONED IN THIS ARTICLE
Public Service Commission
Inter- Met
Wall Street
Ledet
William M. Ivins
Commission
Southern Railway Drops Tenn Central Option
The Southern Railway will not exercise its option on about two thirds of the Tennessee Central Railroad mortgage bonds and stock, expiring July 1. The $9.5 million first mortgage bonds are to be pledged for a new $15 million note issue, and directors plan no additional lines regardless of stock control.
MENTIONED IN THIS ARTICLE
Southern Railway
Tennessee Central Railroad
Tennessee Central
Southern
Tennessee Me Oa
Gould Mortgage Plan Aims 150 Million for Rio Grande
Wall Street reports say the Denver und Rio Grande intends to authorize a 150 million mortgage to round out finances and finish the Western Pacific addressing current and future needs while covering existing bonds. Western Maryland may pass to Reading. Reading directors deny plans.
MENTIONED IN THIS ARTICLE
Denver’ & Rio Grande
Western Pacific
Wall Street
Western Maryland
Gould Properties
Reading
Copper Quotation and Pig Iron Committees Filled
The New York Metal Exchange filled vacancies on the Copper Quotation Committee and the Pig Iron Committee after James E. Pope and John E. Stanton declined to serve. W. Parsons Dodd of Quincy Mining Company joined the Copper Quotation Committee and Morton B. Smith joined the Pig Iron Committee.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
James E. Pope
Johne. Stanton
W. Parsons Dodd
Quincy Mining Company
Morton B. Smith
Butterick Company declares midyear dividend resuming
The Butterick Company chaired by Vice President C W Morse declared a dividend of one half of 1 percent payable June 1 to stockholders of record May 20. The firm started with 4 percent annual payouts in quarterly installments in 1902, with the last payment made in September of last year.
MENTIONED IN THIS ARTICLE
Butterick Company
C. W. Morse
Canada Loyal to Britain, Bryce Says at New York Dinner
British Ambassador James Bryce tells 500 Canadians at the Hotel Astor dinner that Canada will remain loyal to the British Empire though some foresee independence. He praises U.S. relations and Root, notes mutual aims and resources, and stresses lasting friendship between Canada and the United States.
MENTIONED IN THIS ARTICLE
United States
Roosevelt
Edward VII
James Bryce
Washington
Hotel Astor
J. W. Longly
Halifax
Canada
Carnada
Ambassador Bryce
Francis L. Patten
Princeton Theological Seminary
Bryce
Great Britain
Mr. Bryce
J. J. Hill
Brent
Philippine Islands
Great Lakes
Elihu Root
Root
Oneth
Neil Macephatter
Canadian Club of New York
Charles Marcil
Greater Federation
George Tate Blackstock
Toronto
D. C. Fraser
United States of ’ o-Day
J. van Vechten Olcott
Congress
New York
John A. Wyeth
Southern Society
Robert Frater Munro
St. Andrew's Society
Homer Smith
Canadian Club of Toronto
Duncan Ross
M. P
British Columbia
Charles E. Moore
R. G. McPherson
Vancouver
B. C
Coney Island Boats to Run Special Excursions
The Iron Steamboat Company will run all water service to Coney Island on two Sundays starting May 24. Boats depart Pier 1 North River at 10 15, 11 30, 12 30, 1 45, 2 50, 4, 5 10 and 6 30 A M and return from New Iron Pier at 11 20, 12 40, 1 40, 2 55, 4 00, 5 10, 6 20 and 7 40 P M. Regular service begins May 30.
MENTIONED IN THIS ARTICLE
Iron Steamboat Company
Coney Island
North River
York &i
Fhat
New York
Flatiron
Chinatown
The
Bowery
Yesterday's Fires Report Across City Streets
Losses totaled across multiple street locations including 181st Street and Saint Ann's Avenue, with noted entries at Washington and Charles Streets, Fulton Avenue, Sullivan Street, and Cherry Street. Named property holders include William May, J H Turner, and R Furst. damages list values and times from morning to early afternoon.
MENTIONED IN THIS ARTICLE
A.M
St. Ann's
William May
Washington and Charles Sts
N. Y. City Railway Co
Wepawseaa
Fulton
J. H. Turner
Sullivan St
Cherry St
R. Furst
Railroads Oppose Twice Monthly Pay Bill in New York
Gov. Hughes, back from Washington, opens hearings on thirty day bills and weighs a measure forcing railroads to pay employees twice monthly. NY Central, Lackawanna, Erie and others oppose the bill while labor groups press for approval.
MENTIONED IN THIS ARTICLE
Albany
N. Y
Hughes
Washington
New York Central
Lackawanna
Erie
Delaware & Tillelson
Buffalo
Rochester
Wemple Renominated for Thirty first District Senate
William W. Wemple was unanimously nominated for the New York State Senate in the new Thirty first District encompassing Schenectady Montgomery and Schoharie Counties. He previously opposed the Agnew Hart track gambling bills and may face demonstrations over his nomination.
MENTIONED IN THIS ARTICLE
New York Times
Schenectady
William W. Wemple
Schenectady-Saratoga
State Senate
Montgomery
Schoharie
Wemple
Agnew- Hart
Hearing on Robinson bill in Albany on road franchise
The Robinson bill amending the Els berg act is set for hearing today in Albany. It would allow the city to grant a road operating franchise for fifty years with indefinite renewals, unlike current law which limits to twenty years with one renewal. The Public Service Commission will not attend.
MENTIONED IN THIS ARTICLE
Robinson
Elsberg
Albany
Public Service Commission
Jerome and Hughes Meet on Central Fast Mail
District Attorney Jerome and Gov. Hughes met aboard a New York Central fast mail train en route to Poughkeepsie. They greeted each other cordially and chatted for about half the journey, in the first meeting since the King Committee inquiry was ordered. No tension was evident during the encounter.
MENTIONED IN THIS ARTICLE
New York Times
Poughkeepsie
Jerome
Gov. Hughes
Fast Mail
New York Central
New York
Hughes
King
Monorail Experiment Proposed by Interborough in Summer
Interborough Railroad plans an experimental three miles of monorail track this summer. A. A. Gardner, counsel, disclosed during a Public Service Commission hearing on the Pelham Park and City Island lines. The Jamestown Exhibition showcased the American Monorail, designed by James Ay Cunis, Baltimore, with an estimated $25,000 per mile cost and electric power.
MENTIONED IN THIS ARTICLE
Interborough Railroad
V A. A. Gardner
Public Service Commission
Pelham Park Railroad
City Island
Bartow
Belden Int
Mr. Gardner
James Ay Cunis
Baltimore
Trinity Year Book Details Parish Finances and Schools
The Trinity Church year book shows total contributions of $199,142 for the year, with $94,575 from Trinity Church and eight chapels. Vestry appropriations totaled $72,680 for parish use and $31,885 for outside parish purposes. Parish statistics list 6,989 communicants, 641 Sunday school workers and students, 580 daily parish school students, 173 in parish night schools, and 848 in industrial schools.
MENTIONED IN THIS ARTICLE
Trinity Church
Morgan Dix
Claims Against the City Reach 74 Million in Outstanding Judgments
The city faces 74,743,510 in outstanding claims awaiting judgment. Jeremiah A. Mahony lists items including 4,231,464 for prevailing wages, 20,476,312 in various extra work and damages, 42,026,249 for non sewers related claims, 1,784,490 in suspension actions, 3,806,000 for street or park openings, and 2,425,386 for damages. The $3,800,000 street openings awards could affect the debt limit.
MENTIONED IN THIS ARTICLE
Metz
Jeremiah A. Mahony
Bureau of Claims Adjustment
City Briefs Chronicle Wrecks and Court Actions
A 7 year old, Andrew Ritrovate, was nearly run down by a car but crawled free and walked before he collapsed. He is hospitalized at Bellevue and unlikely to recover. Carl Fischer Hansen’s extortion trial was adjourned to May 21. William L. Golden died after being struck near the Brooklyn Bridge. Coroner Harburger ordered the chauffeur rearrested. A man phoned Commissioner Bingham then abused the operator. a detective intervened and arrested him. In night court Joseph Sulliv, steward of the Larry Mulligan Association, received five days in the workhouse.
MENTIONED IN THIS ARTICLE
Andrew Ritrovate
East Twentyninth Street
Bellevue Hospital
Carl Fischer-Hansen
Joseph E. O’brien
Philadelphia
Rosalsky
William L. Golden
West Twentieth Street
Brooklyn Bridge
St. Gregory’s Hospital
Harburger
Frank Wells
Bingham
Lieut. O'Connor
Wahle
Joseph Sulliv
Larry’ Mulligan
Brooklyn News Notes Summary of Local Changes and Incidents
The Jenkins Trust rebrands as Lafayette Trust Company after a June name change approved by the courts. A 61 year old woman, Mrs Mary Bassett of 313 Jefferson Avenue, was found dead in her home with two gas burners on. she had suffered illness for months. Race driver Barney Oldfield faced arraignment in Flatbush Court on speed law violations, with the case sent to the Court of Special Sessions. The Brooklyn Rapid Transit Company seeks a franchise from the Board of Estimate to loop surface transit around the Atlantic Avenue subway terminus, arguing some lines no longer require trolley service after the subway opening.
MENTIONED IN THIS ARTICLE
Mary Bassett
Jefferson Avenue
Barney Oldfield
Flatbush Court
Ocean Parkway
Court of Special Sessions
Brooklyn Rapid Transit_Company
Board of Estimate
Atlantic Avenue
Borough Hall
Judges Condemn Collusive Failures In Bank Liquidation Case
New Jersey Court of Errors and Appeals rules trustees in liquidation may not remain if mismanagement caused insolvency. A receiver independent of the firm must be appointed. The case centers on the State Mutual Building and Loan Association of New Jersey and alleged malfeasance by directors and officers.
MENTIONED IN THIS ARTICLE
New Jersey Court of Errors and Appeals
State Mutual Building and Loan Association of
New Jersey
New Jersey Building and Loan Association
Patrick Fitzgerald
Fitzgerald
State Superintendent of Banks
Court of Errors and Appeals
James B Dill
S. Stanger Iszard
Association
Benjamin Fowler
Addison T. Mulford
Bassett
National Park Association
Dili
Dill
Gil
Harvard Professor Sued for Breach of Promise
Miss Annie Manley sues Prof. Philip B. Marcou former Harvard Modern Languages professor for $30,000 alleging breach of promise. She testifies of a ten year association, monthly $150 allowance, and valuable jewelry including a $500 earrings set and six rings worth $50 to $200 each. She says he proposed marriage repeatedly and sent endearing letters.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Annie Manley
Philip B. Marcou
Harvard
East Cambridge
Miss Manley
Prof. Marcou
Dr. Marcou
Fifth Avenue Hotel Wreckers Enjoined Injunction Won’t Evict Hatter
Edward M. Knox, hatter, secured an injunction in Supreme Court restraining the Rheinfrank Horsewrecking Company of 619 East Fourteenth Street from interfering with Knox’s Fifth Avenue shop in the hotel building. Knox’s lease runs to August 1 and he will stay despite threats and a crumbling ceiling as wreckers work on the front now. The case arose after wreckers began removing building debris and causing damage, prompting Knox to act through Delaney & St. John.
MENTIONED IN THIS ARTICLE
Edward M. Knox
Rheirfrank
East Fourteenth Street
Old Fifth Wheath
Dermal
Rheinfran Company
Arine
Knox
Kkers
Ito
Indow
Kianager
Opticians
McKenna
Delaney & St. John
Rheinfrank Company
Rth
Twenty-third Street
Also Mentioned on This Page
City 10
York’s
Williams
A. Miller
Ae Eager
van Rensselaer
Philadelphia Savings Fund Society
New York Stat Savings Bank
Nes
Charles A. Miller
Livines
Bank of Utica
Livermore
Trust Company
Reserve Trust Co
American Savings
McIntyre
Inter-Met
Public Service Board
Butterick Co
Cana
Dians
U. S
Longley
Stim Daly
Foelker
Robinson Bill
Interborough Company
Trinity
Brooklyn News Notes
Jenkins Trust Com
Setbiee
Lafayette Trust Company
Building and Loan Association
P. B. Marcou
Fifth Avenue Hotel Wreckers
Rom
Interferjis
Hedley m Company
Bonwit, Harris & Co
Broadway and
Fifth Av
Cor
21St St
Arnheim
Goth FY
Isida
Ison SQ. Garden
Wallace
JE Edwards
Siedle & Campbell Academy OF Music
14Th St. & Irving PL
Fritzi Scheff
Wopisre
Sothern Pesoneany
Cecel
Wendell
MUSEE
wWealdorf-Astoria
William Nowlan
Loftus
Amory
Evert Jansen
Edward Fales Coward
Iworld
WAX
Cinematograph Our
Empire
Se’s
Hudson Otis
MIL. Assoc
PLA “Knickerb Eys
Geo, M. C
B'way
40Th St. A
St. & B'way
St. Mats
Alhambra Mat
Alan Dale
Gend Walter
Nense
Sur
Jeddie Foy
Cole
Johnison
al Leech
Rosebuds
Elinore Sisters
Marie Dressler
Terry &Lambert
Chris Richards
Gus
Edwards
Bohemia
Lammerstein
Cecelia Loftus
Edmund Hayes & C
McMahon
Hasta Porter Maids
A. O. Duncan
Howard & Howard
Aya Theatre
Lex
Murr Chas
Robinson & His Night Owls
Blaney
Bway
Cecil
To-mor
Hippodrome Daily Mats
Tona Ipeenia
Port Arthur
Seano
Daly's
Sam Bernard
Casind
Lew Fields
John Witghing
ABA
ICC Bee
Knickerbocker Grand Opening Opera.Co
MMB
Traviata
Herald
Lebonnard Matinees Wec. & Sat
Terda Theatre
Broadway
Mats
Henry WW
Savage
Wueen
Merry Widow
Lustige
Stuyvesant
David Belasco Warren
Virginia
Joe
St. Bvs
St. Evs
Mats. Wed
Abramson
the Clansma
Chauncey OF
Cootit
West End
Elen Noldi Opera CO
Yrigolett
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!