Atchison Topeka Santa Fe Dividends Trimmed to Five Percent
The Atchison Topeka Santa Fe Railway directors cut the semi annual dividend on common stock to 5 percent from 5 1/2 percent, the first reduction in seven and a half years. Morawetz noted uncertain duration, citing improved crop prospects and freight declines as factors. The market priced the move with little stock price impact, the stock finishing near 74.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway Company
Atchison
Atchison Common
Vieter Morawetz
Atchi
Morawetz
Erie Advance Pushes Erie Securities Higher After Albany Notice
Erie issues rose sharply as Albany authorized Erie to issue 15 million dollars of secured five year notes. Directors meet today to discuss extending the 5.5 million in short term notes due Wednesday. Short term notes and convertibles rallied with general market strength.
MENTIONED IN THIS ARTICLE
Albany
S.A
Erie
Erie General
Erie Common
Erte
Receivers Urge Continuation of Metropoli tan and Eastern Lines
Report to the United States District Court states the Metropoli tan and Eastern Steamship lines should continue operation. It argues ongoing service yields greater value than liquidation and that equity surpasses mortgages, preserving substantial company property.
MENTIONED IN THIS ARTICLE
Best
Metropolitan
the Eastern Steamship Companies
United States District Court
Bondholders warned of delay as Bingham Consolidated seeks reorganization
Bondholders of the Bingham Consolidated Mining Company received a notice from the treasurer that coupons on its first mortgage bonds due yesterday will not be paid promptly as a reorganization is considered. About 66.40 dollars in bonds remain outstanding. Directors of Majestic Copper Company voted to defer six months of interest on 514 000 percent bonds under mortgage terms before default.
MENTIONED IN THIS ARTICLE
Bingham Consolidated Mining Company
Majestic Copper Company
Boston Dispatch
Southern Railways Wage Dispute Ends With Interim Agreement
Mediation between Southern Railway officials and unions yields a temporary wage scale extension to July 1. The accord covers all parties and preserves current pay terms as talks continue on a longer settlement. Confidence rises as banks show improvements and failures decline in March, despite higher quarter totals.
MENTIONED IN THIS ARTICLE
United States
R.G. Dun & Co
Southern
Washington
Mart A. Knapp
Charles Pill
Southern Railway
Havana Customs For March Receipts Decline
Havanas customs receipts for March show a drop to 1 445.4 dollars compared with the same month a year ago, reflecting a sizable decrease in revenue. The report notes a large fall off in March collections.
MENTIONED IN THIS ARTICLE
Havana
Hava
Hafata
Belt Line traffic to open from Concord to Belt Line
Reported across several states, the Norfolk and Western announces the Belt Line and connecting route from Concord Virginia west to Tennessee will open to traffic next Monday. Southern Railway and allied lines implement a 2 percent wage rate test in Tennessee for one year. Missouri Kansas & Texas Railway shops reopen with 500 workers. Missouri Pacific shops remain closed. Pike County Bank and Trust Company of McComb City placed in receivership as lumber trade and railroad working hour curtailments cited. Alabama miners now paid 16 cents per ton by furnace companies. union miners unaffected.
MENTIONED IN THIS ARTICLE
Gtthville
Tenn
Southern Rail
Allied Lines
Tennessee
Missouri, Kansas & Texas Railway
Missouri Pacific
Fetreery
Jackson
Miss
Pike County Banking Trust Company
McComb City
Birm
Ala
Alabama
State OF
New York
God
Maximiliano F. Sot
Celestina Mijargo de Soto
Juan Jose Soto
Maria Soto de Visies
Margarita Soto de Ponte Camara
Marco A. Soto
Francisco G. Soto
Jorge B Soto
Emilio V. Soto
Maximiliano F Soto
City of
County of
New
Samuel H. Dunlop
Anna Dunlop
John Franklin Dunlop
Robert W. Dunlop
Luella D. Kimball
Fastman
Stella Dunlop
Hessie Disston
William Dunlop
Charles Dunlop
Edward E. Dunlop
Gertrude Dunlop Hawes
Dunlop
Helen Dunlop Hutchinson
Marie Louise D
Laban
Major, Jr
Alma Sue Major
Hermon
GG. Conrad
Hessie Conrad Briggs
Harry R. Dunlop
Edward D. Dunlop
George H. Dunlop
Damel
Herbert Frost
Margaret Frost
Elizabeth Frost
Dorothy Matilda Frost
Samuel Dunlop
Hannah Dunlop
John R. Dunlop
Frank H. June
Union Trust Company
John W. Bartlett
M. D
Title Guarantee and Trust Company
Clark W. Carter
Eliza Cc. Dunfep
County of New York
Seth
Clark W. Dunlop
N .L
York
Adner C. Thomas
Said County
Daniel J. Dowdney
Wells & Snedeker
Manhattan
Cttr
Dla Aed
Mitchell’s Era Ends as Lewis Named UMWA President
At UMWA headquarters in Indianapolis Vice-President Thomas L. Lewis of Ohio succeeds John Mitchell as president. W. D. Ryan becomes vice-president and J. P. White takes the secretary treasurer post. Lewis calls for an interstate wage convention and potential resumption of mining. Ohio operators have accepted. Anthracite regions report improving conditions and full summer operation expectations. Reading Company prepares to resume mining with large coal shipments to tidewater.
MENTIONED IN THIS ARTICLE
Indianapolis
United Mine Workers of America Today
Thomas L. Lewis
Ohio
John Mitchell
Spring Valley
W. D. Ryan
Illinois
Mr. Lewis
J. P. White
Iowa
W. B. Wilson
Pennsylvania
Lewis
Indiana
Philadelphia
Miller & Co agent held on conspiracy charge
Harry Silverman of Miller & Co. was arraigned before U S Commissioner Lindsey on a conspiracy charge tied to alleged misapplication of Farmers' Deposit National Bank funds. Bail set at 15909 dollars for trial. Witness Herbert S. Rosenbaum testified about a joint stock account plot involving Reiber and Silverman.
MENTIONED IN THIS ARTICLE
Pittsburg
Harry Silverman
Miller & Co
New York
United States
Lindsey Today
Farmers’ Deposit National Bank
Henry Reiber
John Young
Herbert S. Rosenbaum
Rosenbaum & Co
Rosenbaum
Reiber
Public Service Commission Rejects Route Abandonment Plan
Albany April 1 The Public Service Commission 24 District chaired by F W Stevens announced it will refuse permission to abandon portions of a railroad route even with consolidations. The ruling followed the Central New England Railway Company’s bid to abandon sixteen miles from West Pine Plains to Salt Point Dutchess County.
MENTIONED IN THIS ARTICLE
Albany
Public Service Commission
24 District
F. W. Stevens
Stevens
Central New England Railway Company
West Pine Plains
Salt Point
Dutchess County
Fort Hamilton Sewers Bill Sparks Tax Adventure
Controller Metz sent Cartelyou a bill for 5800 dollars for the federal share of Fort Hamilton sewer work. The letter warns that if the tax bill is not paid promptly the property will be sold at public auction, fueling fears of a government seizure.
MENTIONED IN THIS ARTICLE
Fort Hamilton
Sam
Metz
Secretary of the Treasury
Aldermen Pass Resolutions On Banking, Emergency Driving, and License Office
The Board of Aldermen approved a resolution urging Governor Hughes to prompt legislative action on smaller Italian bankers outside the state banking law. They also authorized physicians to speed to emergencies if they display a white flag with Red Cross by day and a White Red Cross light at night, and passed a plan to move the marriage license bureau to the Fast River Savings Institution building near the Brooklyn Bridge Manhattan terminal.
MENTIONED IN THIS ARTICLE
Tim” Sullivan
Board of Aldermen
Hughes
Alderman Dowling
Fast River Savings Institution
Bridge Loop
Manhattan Terminal
Brooklyn
Felix Isman Plans Theatre After Broadway Property Purchase
Felix Isman, who controls the Broadway Theatre property, buys No 1544 Broadway and 164 to 176 West 47th Street including four dwellings on an L shaped plot. He already owns 1566 Broadway. Total paid about $300,000. Rumor says a theatre may be erected on the combined sites.
MENTIONED IN THIS ARTICLE
Felix Isman
Marie N. la Shelle
Broadway
West 47Th Street
Kirke la Shelle
Brooklyn Academy of Music Exemption Denied
Six Mayors including Charles A. Schieren of Brooklyn push to tax exempt the Brooklyn Academy of Music as an educational institution. President McGowan and City Comptroller Martin oppose. Controller Metz supports, citing potential city benefit. The petition is denied. The commission also denies naming the Cooper Union addition “The Hewitt Addition to Cooper Union.”
MENTIONED IN THIS ARTICLE
Charles A. Schieren
Brooklyn
Sinking Fund Commission
Brooklyn Academy of Music
McGowan
Chamberlain Martin
Metz
Schieren
John F. Parsons
Cooper Union
Hewitt
Abram S. Hewitt
Receiver for Union Railway Seized in Interborough System
Judge Lacombe appointed Frederick W. Whitridge receiver for the Union Railway Company as part of Interborough-Metropolitan control. The Lorain Steel Company seeks $23,323.74 for materials and labor. Union assets face a $2,000,000 mortgage with $2,000,000 in first liens and substantial other debts. Whitridge already oversees several related lines, with notes and damages exceeding $500,000.
MENTIONED IN THIS ARTICLE
Union Railway Company
Interborough-Metropolitan
Frederick W. Whitridge
Third Avenue Railroad Company
New York City Railway Company
Union Company
Steel Company
Whitridge
A. W. McLimont
Public Service Commission
Wheat Market Faces Cold Wave Pressure In Chicago Trade
Chicago market closes with a firm wheat finish as a cold wave forecast spurs a late rally. Corn and oats rise modestly while provisions drift lower to higher. May wheat closes near the day’s top. Primary receipts total 429,000 bushels. local car receipts trend higher for corn and oats.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Shorts
Commission Houses
Minneapolis
Duluth
May
America Leads In Japanese Trade With 211000000 Yen
Trade reports from Tokio show America leading with a total of 211 million yen including 86.4 million in imports and 131 million in exports. China follows with 138 million yen. Japan’s total trade for the year totals 26 million dollars in yen, with an unfavorable balance for Japan.
MENTIONED IN THIS ARTICLE
Tokio
America
China
Japan
Government Finances for March Reveals Largest March Deficit in Years
Washington reports March receipts totaling 44,616,965 dollars, the lowest in years. Expenditures reached 53,201,229 dollars, yielding a deficit of 8,584,304 dollars for March and 35,675,000 dollars for the nine months of the current fiscal year. In March 1907 the government ran a surplus of 10,600,000 dollars.
MENTIONED IN THIS ARTICLE
Washington
Securities Auction Reveals Wide Range of Bonds and Stocks
Securities were sold yesterday at the Exchange salesroom by Adrian H. Muller & Son by order of trustees. The list includes 100 shares Merchants' Exchange National Bank and 165 shares Here Really Do per share. plus 30 year 5S per cent United Telephone and Telegraph Co bonds and many others from First National Bank New York Suffolk Gas Co. and more. The sale features numerous railroad and utility issues with varied maturities and interest payments.
MENTIONED IN THIS ARTICLE
Exchange
Adrian H. Muller & Son
Merchants’ Exchange National Bank
United Telephone and Telegraph Co
Equitable Trust Co
Philadelphia
First National Bank
New
Suffolk Gas Co
National — Copper Bank
Chase National Bank
Lincoln Trust Co
Sai Ae
St. Joseph & Grand Yeland Ry
PRG SA Ans
Aia
Pittsburg
Shenango & Lake Erie Railroad
Ionin Lane Ayac
Southern ” Railway
St. Louis
Walter A. Wood Mowing and Reaping Machine Co
North American” Underwriting Co
Agd
Hudson Navigation Co
Trinity Syndicate
Northern Westchester Securities Co
Tateral Trust
Sarrett P. Linderman
Chatham National Bank
National Bank
United States
Juaranty
CIA Ae
Neal
Goodwin Car Co
Miscouri Pacific Railway Co. Consolidated First Mortgage
Ecme
South Carolina & Georgia Railroaa ‘Co
Galveston, Houston & Henderson Railroa Co
Santa Fe, Prescott & Phenix Railroad O
Brooklyn Rapid Transit Co
Coolio
Fairmont Coal Co
First
Sin Central Railway Co
Chesapeake & Ohio Ralway Co
Virginia
West Virginia
Home Insurance Co
New York
Casualty Co. of America
47Th Street Realty Co
New York Central & Hudson River Railroad
Michigan Central
Mercedita Sugar Co
Interboro Realty
Carnegie Trust
Eei Erect
Carnegie Trust Conaee
Eharea
Charles D. Berney
South 4Th Street
Lehigh Val
Ls Am Ry Co
Marsden
Ambria
Ama
Fairmount Trac
Phila Elec
Phila
Ins Co
Ih Corp
Union Traction
Lake Sup
iUn Gas Imp Co
Weisbach Co
Lehigh
Nth
Phila Co
Trust Company Union Near Consolidation With Farmers Loan
An officer of the Franklin Trust Company in Brooklyn says negotiations for a near consolidation with Farmers Loan and Trust Company of New York are advancing rapidly. Manhattan would acquire a large stock block at book value on Oct 1 1909. George H Southard plans retirement to California. A 2 percent quarterly dividend is declared for April 1, reducing the annual yield to 8 percent.
MENTIONED IN THIS ARTICLE
Franklin Trust Company
Brooklyn
Farmers’ Loan and Trust Company
New York
Manhattan Institution
Brooklyn Company
Manhattan
George H. Southard
California
Treasury Deficit Forecast Warns of Large Year-End Gap
National City Bank April circular warns the fiscal year will end in deficit with $36,000,000 excess of expenditures over receipts in nine months. It notes revenues have fallen, expenditures risen, and a slow recovery is expected, with a deficit possibly larger than current figures.
MENTIONED IN THIS ARTICLE
Treasury
Hudson Companies Secure Mortgage on Trainor's Hotel Site
The Hudson Companies took title to Trainor's Hotel at 1289 and 1231 Broadway and 1? and 12 West 33d Street from Edward A. Morrison. They mortgaged the premises back to Morrison for 1 060.00 at 4 percent for three years. The site will form part of the 6th Ave tunnel terminal plot for the Hudson and Manhattan Railroad project.
MENTIONED IN THIS ARTICLE
Hudson Companies
Trainor
Broadway
West
Edward A. Morrison
6Th Ave. Tunnel
Hudson & Manhattan Railroad
Western Maryland extends stock and bond deposit deadline
The Western Maryland stockholders and general mortgage and convertible bondholders committee, chaired by Richard Sutro, announces a new deposit deadline with Bankers' Trust Company extended to April 10. After that date no securities will be received except under committee conditions.
MENTIONED IN THIS ARTICLE
Western Maryland Stockholders
General Mer and Convertible Bondholders’ Committee
Richard Sutro
Bankers’ Trust Company
Eastman Kodak reports annual profits and surplus
The Eastman Kodak Company issues its annual report for the year ended December 31 showing net profits of 6,265,123 for the company and subsidiaries. Surplus after dividends stands at 148,961, with total profit and loss surplus now 6,588,165, compared with 34,915,709 prior year.
MENTIONED IN THIS ARTICLE
Chicago
ST. Paul
Minneapolis
Omatia
Chesapeard & Ohio
Gulf & Ship Island
Hocking Valley
Senate Tree
Louisiana
Arkansas
Missouri, Kansas & Texas
Norfolk
STERN
Louis Southwes
Valley
Yazoo
Mississippi
Rock Island
Rock and
Louis
San Francisco
Chicago & Eastern I
Monn
Evansville
Terre Haute
Indianapolis
Compani Bruai Mon
Eastman Kodak Company
Market notes from Chicago and other cities on cattle hogs and sheep
Telegraph market report shows receipts from Chicago to Cincinnati, East Buffalo, Kansas City and Pittsburg. Beef cattle steady to lower with steers 5.50 8.25 dollars, hogs 62 0 to 67 cents, and sheep and lambs fluctuating by region. Prices vary by grade, with primes and heavies fetching higher figures.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Buffalo
Kansas City
Pittsburg
German and Bavarian government bond quotes in brief
Bid and ask levels for several 4s and 5s debt issues listed by region. Cologne 4s at 96, Munich 4s at 48, Hessian at 3 12 8, Augsburg 4s at 95, Saxony 5s at 5, Hamburg 3s at 80, Mexico gold 5s at 101.
MENTIONED IN THIS ARTICLE
Cologne
Munich
Hessian
Augsburg
Saxony
Hamburg
New York Will Probate Citations Across Multiple Estates
Public notices cite heirs and executors in New York Surrogate Court for Clark W. Dunlop George V. Baldwin Maud Morganstern and others. Dates range March to April 1908 with probate hearings set and guardianship provisions for minors.
MENTIONED IN THIS ARTICLE
New York
God
Charles May
George W. N. Baldwin, Jr
Mary Db. Corvocoresses
Kate Bushnell Lee
Edith McK. Burnham
Lily D. Baldwin
Florence T. Baldwin
Margaret Baldwin
Henry R. Baldwin
George V. N. Baldwin, Jr
Elizabeth Baldwins
Louise Edgar
Margaret Duryee
Ga Willett van Nest
Rymer van Nest
Elizabeth
George VI
Baldwin
County of
Said
Daniel J. Dowdney
Surrogate’s Court
Also Mentioned on This Page
Santa FE
Qmount
Telegraphic Business Notes
Mitchell
T. L. Lewis
Reading
Penn
Reading Company
Tidewater
Farmers’ Deposit Bank
Upstate Public Service Commission
Tim
Broadway and 47Th Street
Academy OF Music
UNION
F. W. Whitridge
Chicago Grain and Provisions
Trust Company Union
Franklin
National City Bank
Maryland
Cobalt
Toronto
Stewart & Lockwood, Co
Exchange Place
Nova Scotia
Buffalo
Peterson Lake
Cobalt Lake
Silver Leaf Foster
New Temiskam
Coniagas
Red Rock
Meehan
Trethewey
Kerr Lake
Crown Reserve
McKinley Little Nipisng
Nipissing
Telegraph
Grand ‘Canyon
Yellowstone
Alaska
Raymond & Whitcomb CO
Foreign Government
State of New York
Frank L. Waite
Edwund C Waite
Cambridge
Martha E. Waite
Brooklyn Ferry
Clark W
Hiza ¢ Dunlop
Frank Dunlop
Harry Dunlop
Edward DP. Dunlop
Dane Dunlop
William W. Dunlop
Charles M. Dunlop
Edward B. Dunlop
Gertrude D. Hawes
Agnes Dunlop
Helen D. Hutchinson
Marie Louise D. Taylor
Estelle Dunlop
Rachel E. Disster
Alma Sue
Hermon G. Conrad
Elizabeth Briggs
Union Trust Company of New York
Eliza Dunlop
City of New York
Cody
Clare_ Dunlop
Abner
Thomas
Daniel J. Dowdnet
Charles Sumner Miller
Nassau Street
Borough of
New Yor
Elias Asiel
Mathilde Seligmann
George A. Seligmann
Arthur KR. Selgmann
Maurice Seligmann
Albert Blum
M Sellamana
H. Beckett
Clerig
The
Surrogates’ Court
Kurzman & Frankenheimer
Attorneys For Executors
Broad Street
Borough of Manhattan
New York City
Johns S. Weitt
Alfred Frankenthal
Max Fransenthal
Paul Frankenthal
Moritz Frankenthal
Decedent
Alice Arnold
Alfred Frankentha
Max Frankenthal
Dece Gent
Milton Frankenthal
Fred Prits
Frankenthal
Carl Frankenthal
Alexander Sahlmann
Joseph Sahlmann
Ricka Baer
Madson Morganstern
Charles H. Beckett
Feary
Wolf
Kohn & Ullman
Newark City
Berlitz School OF Languages
Madison Square
Litz
Sarhem
Lenox Ave
Ett
Court St
Newark
Scheuer
American and Foreign Teachers Agency
M J. Young-Fpulton
Union Square
Ste
14Th
Ist Ave
Tremont
S¢ Ave