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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Apr 02, 1908

Page

3

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.”

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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