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This newspaper page contains 11 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 14, 1908

Page

14

St Pauls Sea Service Denied Pacific Railway Link

Roswell Miller chairman of the board refutes reports that Chicago Milwaukee and St Paul Railway lined up a Pacific service with a Japanese steamship firm. Two representatives to Japan have been sent to study the matter and will report before board action. St Pauls Pacific Coast extension progresses, grading by December and completion by next April. Miller notes favorable business conditions and crop outlook while doubting freight rate advances amid soft prices.

Chicago, Milwaukee & St. Paul Railway Company Pacific Roswell Miller Miller

Chesapeake Western Railway Stock To Be Sold At Auction

The outstanding capital stock and fleet mortgage bonds of the Chesapeake Western Railway will be sold at auction tomorrow at Exchange Salesrooms Vesey Street. President Robert McM Gillespie says suits over real estate prompted the change in title. Bowling Green Trust Company will buy in and keep management. The line runs Bridgewater to North River Gap Virginia, 13.9 miles, opened 1992. Officers are Gillespie president Vatable vice president and Hall secretary treasurer.

Chesapeake Western Railway Chesapeake Western Company Exchange Vesey Street Robert McM. Gillespie Road Bowling Green Trust Company Bridgewater North River Gap Chesapeake Western Railroad Elkton Junction Norfolk & Western Railway Elkton Jules J. Vatable W. H. Hall

S C to issue only half new stock

The Illinois Central Railroad announces that only half of a $25,512,000 new stock issue will be issued at present. Shareholders may subscribe to 15 percent of their holdings with the rest reserved. Subscriptions close July 7 with two instalments due July 7 and September 13.

Ilinois Central Railroad Company Chicago Velcneu Hovwva National Railroad Company of Mexico Mexican Central Railway Company, Limited Republic of Mexico Mexico London J. Henry Schroder & CO Speyer Brothers Glyn, Mills, Currie & CO Swiss Bankverein Amsterdam Hope & CO Teixeira DE Mattos Brothers Banco Nacional DE Mexico Consolidated Income Central Company New York Boston Government of Mexican Central Railway Securities Company, Ltd

Diamond Dealers Wood & Co Bankrupt Involuntary Petition

An involuntary bankruptcy petition was filed against Charles F. Wood & Co. diamonds with liabilities about 350,000 and assets near 240. The petitioning creditors include Jacklyn and Wauters, with combined claims around 350. E. Van Der Bruhl Brothers Harris Fink & Co. and Etein Brothers claim 91.5 dollars, Marche & Freres foreign creditors claim 11.40. The stock on hand is valued at about 91,000, with assets previously said to exceed liabilities. Charles F. Wood John B. Wood and Elmer E. Wood are named as members. George R. Whitehead appointed receiver with bond details noted.

Charles F. Wood & Co Malden Feo Jacklyn and Wauters E. van der Bruhl Brothers & Harris Fink & Co Etein Brothers Marche & Freres Charles F. Wood John B. Wood Elmer E. Wood Hough George R. Whitehead

Local Traction Stocks Rise With Interborough Leads

Local traction issues extended gains from last week as Interborough Metropolitan and Third Avenue surged. Interborough Metropolitan common rose to 11 percent on heavy volume closing at 19, a one point gain, while preferred at 2 1/2 percent closed near 19. Third Avenue climbed to 18 1/2, closing at 35, up 3 points, with large bond blocks traded and about $2 million in activity. Metropolitan bonds rose briefly to 65 1/2 before settling. transfer privileges and Public Service Commission actions aided the rally.

Interborough Third Avenue K&o Brooklyn Interborough-Metropolitan Common Tiird Avenue Public Service Commission Interborough Metropolitan Lue T

Testimony on losses in stock market fraud case continues

The trial of Thomas O Connor and Frances McClain for aims at melis mis ts in a bucket shop Duluens proceeds before Judge Wit of the Criminal Branch. Government plans about thirty witnesses from across the country. Miller seeks ball reduction. O Connor remains in Tombs after bond issues. First witness Christopher Stever, secretary of Frettervig Water Works, testifies about circulars from Miss McClain.

Thomas O'Connor Frances Frances McClain Wit United States Michael Rofano Miller Rofano O'Connor Christopher Stever Parr Jervis M. Y Frettervig Water Works Company Miss McClain

Stock losses and embezzlement accusations unfold in court

Testimony reveals $19 forwarded for Rock Island stock and a $9 overall loss. Former County Commissioner R Brownfield admits embezzlement indictment but repays. Brownfield shows a paper profit of 332 with a $700 loss and $1,000 claimed owed. A court summons for $1,000 is waved. Charles Wells, a Beaver Falls coachman, testifies about losses in Wall Street dealings.

William H. McIntyre Broadway Rock Island Graven Wees R. Brownfield Fairdance Penn Miller Brownfield O'Connor Charles Wells Beaver Falls Wells Wall Street

Chicago Railways reports 1908 figures and city share

The Chicago Railways Company filed its first annual report for the year ended January 31, 1908. Gross income reached 10 5 60 571 with expenses 7 392 400 and net income 3 168 171. Interest at 5 percent on property value amounted to 1 566 159 leaving a company surplus of 1 602 012. Of this 65 percent 551 106 went to the city leaving 720 906 for the company. Operating ratio was 70 percent, up from 68.01 percent and 64.61 percent in earlier years. Property value on the balance sheet is 20 062 145.

Chicago Railways Company

Business Bankruptcy Filings Show Multiple Debtors and Receivers

Involuntary and voluntary petitions filed in U S District Court list Anton Fuerst shoe dealer at 2648 Broadway with stock valued at about 3,000 and Walter B. Allen appointed receiver. Other filings include Louis Engelman at 220 West 141st street, Herman S. Goldenberg at 117 East 113th street, Heyman & Spardon at 51 East 54th street, Morris Sormach at Crystal Street, Wolf Birke at East 9th street, and Samuel Grosskopf maker of waists at 240 East 4th street. Discharges granted to several individuals. Market notes report a weak local wheat market with May delivery around 2,2 cents and mixed activity across corn and provisions.

Anton Fuerst Broadway Manhattan Shoe Company Clark Hutchinson Company Walter B. Allen Louis Engelman West 141St Street Gonzales, Mora & Co Chicago Herman S. Goldenberg East 113Th Street Herman Henschel James A. McClurg & Sons New England Confectionery Company Hawley & Hoops Albert Falck Heyman & Spardon East $Th Street Imperial Braid Company Morris Sormach Crystie Street Congress Brewing Company Brooklyn Jacob Levy Broome Street Wolf Birke East 9Th Street Samuel Grosskopf Fast 4Th Street Hannah Colgate Liberty Street Duron F. Baker Isaac A. Rout Benjamin Warthauer Albert Sichel Hearn & Oppenheim Jacob Rosenblaom Edwin M. Dayton John T. Atkinson

Market report shows mixed grains and livestock noise

Receipts totaled 245 cars versus 401 last week and 884 a year ago. May wheat traded up to 68 1/2 cents then settled near 67 1/2. Corn held strength early then eased as country acceptances rose. May corn opened 67 1/2 to 68 and closed 67 1/2. Live hogs and grain strength influenced provisions with May pork at 1340, lard down to 82.74 and ribs off to 71.5. Estimated tomorrow: wheat 39, corn 128, oats 292, hogs 15,000 head.

Chieaso Northwest Kansas Nebraska Minneapolis Duluth Chicago May Park

Railroad Earnings and Preferred Shares Details 1907 1908

The report outlines semi annual dividends for First Preferred Shares at 1 percent from 1968, with reserve funds of 1,800,090 for Prior Lien Bonds and 1,200 for Guaranteed General Mortgage Bonds. It also covers Second Preferred Shares at 5 percent of par after First Preferred dividends, plus Common Shares and references a Mexican decree. Additional figures list mileage and April-July financials for several railroads, including Central of Georgia, Colorado & Southern, Grand Trunk, and others, with passenger totals and transfer percentages.

Mexican Central Railway Company, Limited National Railroad Company OF Mexico United States Republic of Mexico New York Trust Company International R. R. Co National R. R. Co Mexico International Co de Poten Central Georgia Colorado & Southern Chicago Indianapolis Louisville Detroit & Mackinac Duluth South Shore & Atlantic Grand Trunk System Mobile & Ohio Minneapolis, ST. Paul & Erult Ste. Marie Toledo, Peoria & Western Toledo, ST. Louis & Western Aicene Twin City Rapid Transit Great Southern Northern Pacific Efensel Mexican Central Railway Company

Also Mentioned on This Page

ST. Paul's Sea Service Japanese Steamship Company S. C Treasury Diamond Merchants Inter-Met Stever & Co Salt Lake Neto Bisics Aseee Weir Bros. & Cqo Broad Street Broad New York and Brooklyn The Tribune Clinton Gilbert Nue Aaterers Carnegie Central Columbia Commerce Citizens Empire Equitable Farmers’ Fitth Av Fidelity Ulton Flatbush Franklin Guaranty Guardian Hudson ‘ Hamilton Pie Ee Kings County Lincoln Loan & Trust Manhattan Mercantile Ae Metropolitan Morton Mutual Allian Ece Nassau People Standard Tithe Guara Trust Co America Taton Eta Ee Ery Fiat Alue Aaer Sas Qu. F. Il S& J U. J Mthiy Rae Chicago Railways’ Annual Report United States District Court Chicago Grain and Provisions Mexican Central Railway Company, Limited, National Railroad Company Ofexico Ferrocarriles Nacionales DE Mexico National Railways OF Mexico United States of Mexico United States of America State of City of Germany France Belgium Switzerland Holland City of Mexico Central Trust Company of New York Peri Pasau Mexican International Railroad Company International Company Federal Government of the United Railways OF United Railways of St. Louis Groes St Loule & Suburban Tate Nanedhsahn Seth Ushin Ans Central Trust Company OF Kidder, Peabody & CO Devonshire Street Mercantile Trust Company Stever & Co., Haticarten & Co., Bank Fur Hanpet Und Inpustrig Beruwer Hanpetseeskischart Lwat
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