Erie Directors Await Meeting Over Erie Notes
Erie Railroad Directors met at J P Morgan & Co without publicizing a plan for the 5 5 million short term notes maturing Wednesday A second meeting was set for 2 pm today to decide final action Traders reported mixed moves with Erie stock sliding modestly while short term notes held steadier Convertible 4 s opened down rallied and closed mixed News also said E H Harriman and Charles Siele connected with Erie affairs and that the road may face about 560000 float ing debt including 900 for equipment and 2000 to Harriman payroll advances
MENTIONED IN THIS ARTICLE
Erie Railroad Company
J. P. Morgan & Co
Re Securities
Erie
Erie Common
Yemnestlay
Gem
E. H. Harriman
Charles Sieele
J. J. Morgan &O
Gees
Harrimer
Banking Bills Passed in Senate and Assembly Reforms
In Athens on April 2 the Senate advanced banking reform bills proposed by Superintendent Clark Williams, with seventeen passed and one amended. Debate highlighted party lines and provisions on trust company capital, branch requirements, savings bank controls, and bank liquidity procedures, as the Assembly also moved several measures forward.
MENTIONED IN THIS ARTICLE
Athens
Senate
Clark Williams
Banking Department
Assembly
Butt
Taylor
Patrine
Rady
Questen
Hooker
Gates
Banks Committee
Existig Trust Companies
Superintendent of Banks
Palmer
Ccerts
Board of Directors
Insurance Firm Seized by Delaware Company in City
The Hamilton Fire Insurance Company of this city has been taken over by the Philadelphia based Delaware Insurance Company. Both firms organized in 182? will wind up affairs and retire. Hamilton cites onerous state laws and poor business as reasons. Hamilton's capital stock and surplus are listed with officers long associated with Brooklyn. Delaware Insurance shows higher capitalization and surplus, with its officer roster led by John S. Bieren as president pro tem.
MENTIONED IN THIS ARTICLE
Hamilton Fire Insurance Company
Delaware Insurance Company
Philadelphia
Hamilton Company
Ias
M. Dugro Buttes
James A. Sliver
Edward L. Labdon
Daniel D. Whitney
Brooklyn
John S. Bieren
Charles H. Yarnall
J. Smith, Jr
Steel trust may aid coal men
The United States Steel Corp announced it may delay opening ore carrying traffic from the lakes until June 1, instead of April 15, aiding coal operators in the strike by keeping the gate to the lakes closed until ore traffic resumes. A meeting of operators and miners concluded the disagreement, with operators appealing a note to Mitchell of the National Mine Work.
MENTIONED IN THIS ARTICLE
Tribune Pitsburg
United States Steel Corporaton
Mitchell
National
Corey to Inspect Birmingham Steel Plant Next Week
E. Corey president of United States Steel Corp and several iron manufacturers plan a two day trip to Birmingham Alabama to inspect the Tennessee Coal and Iron properties recently acquired by U S Steel.
MENTIONED IN THIS ARTICLE
E. Corey
United States Steel Corporation
Birmingham
Ala
Tennessee Coal, A
Delaware & Hudson Granted Authority to Enlarge Capital Stock
The Public Service Commission grants the Delaware and Hudson Company authority to inquire into an additional share of capital stock of the New York and Canada Railroad. This is the only share not already owned by the Delaware and Hudson. The commission will address the merging of the two roads after compliance with its rules practice.
MENTIONED IN THIS ARTICLE
Public Service Commission
GI District
Delaware & Hudson Company
New York & Canada Railroad
Delaware & Hudson
Berlin Plans 162.5 Million Dollar Imperial Loan Offering
Berlin reports an imperial and Prussian loan of 162.5 million dollars to be offered April 11, with 100 million in Prussian consols. The issue bears 4 percent interest, non convertible for ten years, with a subscription price around 99.44. A Berlin bank syndicate will also take 50 million in Prussian Treasury notes. The discount rate is expected to drop to 4 percent to facilitate the loan. Some bankers foresee limited U.S. offerings and note European investors will likely drive demand, aiding Berlin's money position and international markets.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
New York
London
Provident Life Control Fight Emerges Over Directors
Banking interests in the city won a round in the Provident Savings Life case by electing three directors to the society. The Philadelphia syndicate now has seven directors to six for the bankers, with BE. R. Thomas as a potential balance of power. John J. Coyle John C. Brady and John W. Woertz were elected to replace expiring directors amid disputes over resignations and alleged trading with others.
MENTIONED IN THIS ARTICLE
Philadelphia
Provident Savings Life Assurance Society
BE. R. Thomas
William H. Taylor
Bowling Green Trust Company
E. R. Chapman
Hudson Trust Company
Victor Royall
Coyle
Mr. Woertz
Senator Carter Proposes Postal Savings Banks Plan
Washington April 2 Senator Carter introduced a bill to establish postal savings banks under Postmaster General supervision. Deposits allowed for ages ten and up with limits and 2 percent annual interest. Funds to be placed in national banks near receipt locations with a $100,000 seed for the system and annual congressional reports.
MENTIONED IN THIS ARTICLE
Washington
Carter
Committee On
Postoffices
Committee
Postmaster General
Postal Savings Bank
Postal Savings Funds
United States
Congress
Chamber of Commerce backs currency commission oppose Aldrich bills
The chamber adopted a report urging a national currency commission to investigate and publish findings by January 1, 1919. It also opposed the Aldrich and Fowler currency bills and supported higher judge salaries. Members urged contacting Congress and approved amendments on gold certificates and fire alarm upgrades.
MENTIONED IN THIS ARTICLE
Committee On Currency of the
Chamber of Commerce
National Currency Commission
Aldrich
Fowler
A. Barton Hepburn
Chamber
United States District
Circuit Court
Currency Committee
Isaac N. Seligman
Congress
Charles C. Moore
Committee On Insurance
Manhattan
Insurance Committee
Metropolitan Sewerage Commission
Mining notes on Arizona Black Hawk project and related companies
Development at the Arizona Commercial Black Hawk property continues with ore shipments rising from 30 to 50 tons daily. A Shannon smelter test run yielded 9.9 percent copper and 44 ounces of silver, netting $1170 a ton after costs. Mines Company of America February results show $110,300 gross, $4,349 expenses, $4,41 profit, with $5,000,000 in dividends over five years. Boston-Mexican Mines stockholders ratified $390,000 bonds secured by a mortgage to buy Mexican property. Espiritu-San Antonio mines in Sonora report $427,000 high-grade silver ore on dump, sufficient to cover bonded debt, as Sonora work resumes on March a with stope and ore body development.
MENTIONED IN THIS ARTICLE
Arizona
Black Hawk
Shannon
Mines Company of America
Boston-Mexican Mines Company
Phoenix
Ariz
Mexico
Espiritu-San Antonio
Sonora
Banks Oppose Aldrich Currency Bill in Chicago Meeting
Representatives of Chicago national banks unanimously approved resolutions opposing the Aldrich currency plan. They warn shifting $200 million from liquid reserves to a forbidden idle fund would hurt working capital and urge currency expansion rather than lockups, calling for a commission inquiry before any final action.
MENTIONED IN THIS ARTICLE
Chicago
National Banks of
Chicago Clearing House
Aldrich
Commission For Inquiry
Senate currency commission bill proposes seven appointed by president
Washington April 2 a financial commission bill introduced in the Senate by Mr. Du Pont provides seven commissioners appointed by the President for finance expertise. Each earns 3800 salary serving until January 1 198. The panel to compile federal finance history and compare foreign systems, report defects, and visit abroad. An appropriation of 9900 funds its expenses.
MENTIONED IN THIS ARTICLE
Washington
Financial Commission
Senate
du Pont
United States
House Committee On Banking and Currency
Boards of Trade
Chambers of Commerce
Bankers’ Associations
Bankruptcy Petitions Filed in U S District Court
Involuntary petition against Jennie Bodensiek trading as Mood at 30 West 29th Street with $57 514 claim. Voluntary against Fenkart & Co at 642 Broadway with $71 030 claim. Voluntary against Louis Mayer Empire Frame & Art Co at 35 Murray Street with assets $11 003 62 and debts with receivers appointed. Receivers named for several firms including Alfred R Conkling. The Gehlen Company signed over for creditors to Edwin A Hofstatter. Gehlen president Charles W Gehlen.
MENTIONED IN THIS ARTICLE
Jennie Bodensiek
Mood
No. 30
West 29Th Street
Albert Raimson
Edwin B. Root
Fenkart & Co
Charles Fenkart
Caroline Fenkart
St. Gall
Switzerland
Broadway
Edward Wild
Louis Mayer
Empire Frame & Art Company
Murray Street
Oscar H. Brickner
Amsterdam Avenue
172D Street
Bally Cohen
East 86Th Street
Sarah Mayer
Alfred R. Conkling
Charles Swarms Company
Justice O'Gorman
Supreme Court
Edmund Wright
Louis C. Goetting
Joseph Schultz
Joseph Ginsburg
Solomon Rosenthal
Schultz
Gehlen
Union Square
Edwin A. Hofstatter
Charles W. Gehlen
Subway Plan Moves Forward With Public Service Commission
The Public Service Commission orders chief engineer Henry Seaman to draft Broadway Lexington subway plans and work with George Coleman on contracts. Board of Estimate to review forms before July 1 as $50 million more is added to the debt limit. The commission seeks to advertise bids by midsummer if Elsberg bill allows private capital.
MENTIONED IN THIS ARTICLE
Willcox
Public Service Commission
Henry RB. Seaman
Commission
Lexington Avenue
Georges. Coleman
Fercs
Board of Estimate
Broadway
Elsberg
S. M. Brower
Trussed Concrete Steel Company
London
Metz
Fourth Avenue Subway
Electric trains to Yonkers from Grand Central likely
The New York Central Railroad announced that starting Monday Yonkers local trains will run by electricity from Grand Central Station to Yonkers. The change eliminates the electric to steam transfer at High Bridge and improves running time between Yonkers and Grand Central.
MENTIONED IN THIS ARTICLE
New York Central Railroad Company
Yonkers
Grand Central Station
High Bridge
Third Rail Extension Connects Hempstead With City
The Long Island Railroad will extend its third rail from Belmont Park to Hempstead at an estimated cost of about 90,000 with Hempstead and Garden City pledging two thirds. President Ralph Peters says completion by May 15 will link Hempstead directly to Brooklyn’s subway and the Manhattan tunnel by electric service, shortening Hempstead to lower Manhattan trips to about forty five minutes.
MENTIONED IN THIS ARTICLE
Long Island Railroad
Belmont Park
Hempstead
Ralph Peters
Garden City
Brooklyn
Manhattan
Peters
Lower Manhattan
Bank clearings show continued restrictions in March
Dun's report indicates limited bank payments in March with total U S clearings at 9 745 951 317 dollars, down 23.8 percent from the previous year and 5 percent from March 1996. Losses are heavy in the East and Pacific Coast, with some improvement in the West and notable gains in St Paul Kansas City and Omaha.
MENTIONED IN THIS ARTICLE
Dun
United States
Pacific Coast
St. Paul
Kansas City
Omaha
New York City
Stock Exchange
Boston
Philadelphia
Pittsburg
Pennsylvania
Wheeling
South
Chicago
Ousted From New Orleans Cotton Exchange
Ernesto Gussoni and Luigi Castello of Gussoni and Co. were expelled from the New Orleans Cotton Exchange today for alleged by law violations. The firm has long been a prominent cotton exporter.
MENTIONED IN THIS ARTICLE
NEW Orleans Exchange
New Orleans
Ernesto Gussoni
Luigi Castello
Gussoni & Co
New Orleans Cotton Exchange
Chicago Grain and Provisions Market Report
Reports of drought damage to the fall sown crop in Kansas and Nebraska supported a strong wheat market with May delivery up. Corn, oats, and provisions softened modestly as supplies and selling pressured prices. May wheat closed around 93 1/4 cents, with various losses in lard and ribs as deliveries and receipts influenced trading.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Nebraska
Minneapolis
Duluth
May
New York Livestock Market Report April 2 1268
Receipts include 119 cattle with 111 direct to slaughterers and 5 exported alive. Exports to Liverpool and London markets steady with 4,050 beef quarters shipped to Liverpool on the Celtic. Calves 30 head to be butchered, veals steady, dressed beef prices firm. Sheep and lambs receipts 24 cars, demand weaker for lambs in the West, not sold by late hour. Hogs receipts 14, demand weak on Buffalo news, country dressed hogs higher.
MENTIONED IN THIS ARTICLE
New York
Liverpool
London
Butehera
T@Ile Salexr
Judd & Co
Buffalo
Tobin
Shannon
Ohio
Tobin & Shannon
Virginia
Market Reports From East Buffalo to Chicago and St Louis
Telegraph market notes show cattle, hogs, sheep and lamb prices across multiple cities. Receipts and price ranges noted for prime steers veal hogs and stockers including East Buffalo Kansas City Chicago Cincinnati and Pittsburgh markets with top hogs around 6.50 to 6.70 and cattle around 5 to 5.75 in various districts.
London Wool Sales End Lower Despite Shortened Series
The second series of the 196 wnol auction in London closed with a firmer demand but lower prices than January. Fine cross breds slid 10 20 percent with others down 2 10 percent. Cape of Good Hope and Natal greys declined. Americans bought 4,000 bales, home trade 77,48 and Continental 44,000. Seventy eight thousand bales carried to the third series.
MENTIONED IN THIS ARTICLE
London
Cape of Good Hope
Natal
New South Wales
Queensland
Victoria
South Australia
West Australia
New Zealand
Punta
Arenas
European Produce Market Report from Liverpool
Liverpool April 21 closing prices show wheat quiet with spot No 2 red at 7s 1d, futures dull. corn firm spot with mixed American, May at 5s 6d. peas Canadian steady at 7s 6d. hops in London dull. pork prime mess quiet. hams and bacon prices strong with several cuts advancing. lard firm. butter and cheese steady. turpentine spirits dull. linseed oil quiet.
MENTIONED IN THIS ARTICLE
Liverpool
London
Pacific Coast
Tlerces
Surrogates' Notices for New York Obituaries and Claims
Notices issued under orders of New York Surrogates invite claims against deceased Abby S Thompson Mary de Trobriand and Mary H Brush. Creditors must present vouchers to designated offices in New York City by specified deadlines in 1901 1907 and 1908. Executrices executors and attorneys listed with addresses at Wall Street Broadway Pine Street.
MENTIONED IN THIS ARTICLE
Charles H Beckett
United States Trust Company OF
New York
Ferris
Thompson Ears. Fisher A. Barber
Wall Street
New York City
Marie Caroline Post
Executriz
Curtis B. Hat
Execuwr
Executrix
Broadway
Borough of Manhattan
Wdrush
Mary HL
Graeneries
H. Beckett
County of
Mary H. Brush
Brookline
Mass
Charles P Latting
Pine Street
City of New York
Borough of
Manhattan
Frances A. Findlay
William M. van Buren
Foreclosure Sale of Manhattan Properties at 87 Barclay and 227 Washington
Supreme Court foreclosure set for March 16 to sell two Manhattan parcels described as 87 Barclay Street and 227 Washington Street. Referee Terence J. Me directs sale under judgment, with auctioneers Joseph P.yy and details filed with Frederick S. Jackson attorney for the plaintiffs Maximilian Fleischmann Gertrude R. Walde and others.
MENTIONED IN THIS ARTICLE
Maximilian Fleischmann
Gertrude R. Walde
Supreme Court
Lye
Fesey Street
Borough Man
New York
Joseph P Yy
Borough of
Manhattan
City of
State of
Washington Street
Barclay Street
Mary E. Newbold
Laura V. Brbinelander
Mary RP. Swan
Gertrude R. Walto
Mary L. Galletin
Ipunaina
Mary L. Gallatin
Gertrude R. Wakto
Terence J. Me
Frederick S. Jackson
Madison Avenue
Borough of Manhattan
New Yor City
Surrogate Court Notices For Probate Of Wills In New York
Multiple notices cite heirs and kin to appear before the Surrogate's Court of New York County in May June and April 1908 for probate of last wills and codicils of Laura Ronaldson Angelo Delnece Louis Loewenstein Alberta Hall and others with age guardianship provisions and instructions for guardians if heirs are under twenty one.
MENTIONED IN THIS ARTICLE
New York
Grace of God
T& Fh
M. Hidridge
Howard Ebbridge
Agnes RK Helen Ritz Burna
Laura Williams Colwell
Stuart Renaldsen
Laura W Ronakdson
Hampton Normal and Agricultural Institute
Virginia
County of
Laura W. Ronaldson
County of New York
Abner & Thomas
Suii
Sasnel
Eead Das
Ciers
Shepard, Smith & Haraness
Artierssfe Pettioner
Broadway
Tythattan
City of New York
State OF
Angelo O Deine
Theresa Devnece
Angelo O Devnece
Lewis Delnece
Camille C. Brown
Angelo
Delnece
Win
Ann
Hebecca Delnece
Belnece
New Rochelle
Ane
Il. S
Abner
Thomas Surrogate
Daniel J. Dowdney
Surrogates
State OF New York
Satmer Loewenstein
Max Loewenstein
Jennie Schosnewald
Pauline Loewenstein
Lous Loewenstein
Arthur J. Mack
Louis Loewenstein
Surrogates Court
Abnert C. Thomas
Saff Fourty
Ann B. Hall
Isabel M Hall
Alice H. Duncan
Sophia ¥. Bluhm
Frances J. Stewart
Wiliam N. Beach
Albert C. Hall
Audrey B Hall
Isabel McRae Duncan
Henry Marie Stewart
Mary RB. Ritch
Belen W. Ritch
Alvah Hall
Hall of Records
Alberta Hall
Amindt
Thomas
Er Ernst
Frieirich Ernst
Karoline Ernar Ust
Katherine ElisabethasSulaes
Erna
Kohl-Ernst
Jakob Theter Ernet
Susanna Athnet
Rotert Ernst Amd
Justane Ernst
Robert Ernst
Tieerland
Adolph Rusch
Emil¢ Ernst
Charles L
Also Mentioned on This Page
Delaware
Hamilton
Steel Trust
Corey
Senator Carter
Baltimore
van Schaick & Co
United Railway
Norf Ry & L
Light & P
Chas City Ry
Seaboard Am
Consien
Cent Trust
Union Trust
Nat Bank
Do Ss
Fidelity
Wees
Mary . A
Chicago National Bankers
Currency Commission
United States District Court
P. S. Board
Chicago Grain and Provisions
Cobalt
Toronto
Frederic H. Hatch
Broad Street
Askel
Nat Cash
im *Am_ Press
Niles Bem
Otis
Fay
Babcock & WT Barney
Pratt
Borden
United UK
Lee AP & F
Stewart & Lockwood
Nestmist
Nova Scotia
Peterson Lake
Cobalt Lake
Ayom
Gulf & Ship Island
Foster
Lake
Trethewey
McKinley
Louisville & Nashville
Reumion
Sault Ste. Marie
Mobile & Ohio
Nashville
Chattanooga
ST. Lovals
Esanesesesnenne
Ontario & Western
Wheeling & Lake Erie
Telegraph
East Buffalo
Witie
Kansasity
Buis
SF Hess
Tve
Asamon
Union Stock Yards
Choles
London Wool Sales
Charles P. Latting
Executors
Pine St. N
City
Asbury Park
Atlantic City
Niagara
Lakewood
Savannah
Cook
TH . Cook & Son
Firzh
Ian
Terence J. McMan
Barclay
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