St Pauls Sea Service Denial on Japan Line Plans
Roswell Miller a St Pauls Sea Service director said reports of a completed Japanese steamship deal for a Pacific service are incorrect. Two representatives visited Japan to study the matter, and will report before board action. Pacific Coast extension work continues, with grading by December and completion by next April. Miller noted poor overall business but potential crop gains, and questioned freight rate increases amid falling prices and sluggish demand.
MENTIONED IN THIS ARTICLE
Chicago, Milwaukee & St. Paul Railway Company
Pacific
Roswell Miller
Miller
Chesapeake Western Railway Stock and Bonds to Be Sold
The entire outstanding capital stock and first mortgage bonds of the Chesapeake Western Railway will be sold at auction tomorrow at the Exchange Salesrooms Vesey street. President Robert McM Gillespie said suits in the South prompted the sale and that Bowling Green Trust Company will buy in, with no reorganization planned. The line runs 13.9 miles from Bridgewater to North River Gap, Va, opened June 1, 1992, with a 99 year lease on a 27 mile system including Elkton Junction to Bridgewater. Authorized stock stands at 1,419,600 dollars. Officers are Gillespie president Watabie vice president and Hall secretary treasurer.
MENTIONED IN THIS ARTICLE
Chesapeake Western Railway
Chesapeake Western Company
Exchange
Vesey Street
Robert McM. Gillespie
The
Road
Bowling Green Trust Company
Bridgewater
North River Gap
Chesapeake Western Railroad
Elkton Junction
Norfolk & Western Railway
Elkton
Jules J. Watabie
W. H. Hall
Illinois Central to issue half of new stock only
Illinois Central Railroad directors announce in a stockholders circular that only one half of the $28,512,000 new stock issue will be offered now. The issue, authorized at a May 18 Chicago meeting, will be issued at par with 15 percent subscription rights to shareholders, the rest held in reserve.
MENTIONED IN THIS ARTICLE
Illinois Central Railroad Company
Chicago
Diamond Merchants Bankrupt After Filing for Involuntary Case
An involuntary bankruptcy petition was filed against Charles F. Wood & Co., diamond dealers at No 1 Malden Lane. Liabilities are $65,608 with assets at $24.00. Petitioners claim $330.0% in debts and $91.0% in combined claims from several creditors. Stock on hand valued at $16,000. assets listed include diamonds and jewelry $157,000 and real estate $25,000. Judge Hough named George R. Whitehead receiver with bond of $81,000.
MENTIONED IN THIS ARTICLE
Charles F. Wood & Co
Malden Lane
Jacklyn and Wauters
E. van Dam
Bruhl Brothers & Harris, Fink & Co
Jein
Traction stocks rise as Interborough and Third Avenue lead gains
Local traction stocks strengthened with Interborough Metropolitan and Third Avenue shares advancing sharply. Interborough bonds rose while Brooklyn Rapid Transit lagged. Interborough and Third Avenue hit year highs on heavy volume. The Public Service Commission move to permit large bond issues cited as the main reason for the advance.
MENTIONED IN THIS ARTICLE
Interborough Metropolitan
Third Avenue
Brooklyn Rapid Transit
Jerborough-Metropolitan Common
Interbor
Metropolitan
Public Service Commission
Testimony Continues in O'Connor Bucket Shop Case
The trial of Thomas O'Connor and Frances McClain in the U S Criminal Branch continued before Judge HOM. The government lists about thirty witnesses from across the country. Defense counsel Hugh Gordon Miller moved to reduce bail from the original 0000, citing alleged police pressure and bond withdrawal by Michael Rofano. First witness Christopher Graver of Port Jervis testified Miss McClain circulated materials to the Fort Jervis Water Works Company.
MENTIONED IN THIS ARTICLE
Thomas O'Connor
Frances
Frances McClain
Michael Rofano
Miller
Rofano
O'Connor
Christopher Graver
Port Jervis
N. Y
Fort Jervis
New York and Brooklyn Trust Companies Reports
Reports from New York and Brooklyn trust companies show stock activity and financial moves in early trading. Details indicate changes in share values and liquidity, with analysts noting cautious investor sentiment amid market fluctuations.
MENTIONED IN THIS ARTICLE
New York and Brooklyn
Stock dealings and embezzlement figures drift through testimony
Testimony in a bearded court session recounts $19 forwarded for Rock Island stock, a total $990 loss in stock dealings, and an embezzlement charge against former Fairelance County Commissioner R. Brownfield. Brownfield profits on paper vanish into a $700 loss with a $1000 debt to O Connor's firm, while a court summons is mocked. Beaver Falls coachman Charles Wells testifies about burning $106 in Smelters and maintains Wall Street interest.
MENTIONED IN THIS ARTICLE
Wiliam H. McIntyre
Broadway
Rock Island
Graven
R. Brownfield
Fairelance
Penn
Miller
Brownfield
O'Connor
Charles Wells
Beaver Falls
Wells
Wall Street
Chicago Railways reports 1908 year earnings and city surplus
The Chicago Railways Company files its first annual report for the year ended January 31, 1908. Gross income 10 560 571 dollars, expenses 7 392 400 dollars, net income 3 168 171 dollars. Interest on property valuation 1 566 159 dollars, leaving a company surplus of 1 602 012 dollars. City receives 65 percent of the surplus, 551 106 dollars, leaving 720 906 dollars to the company. Operating ratio 70 percent, up from 68.01 percent the prior year and 64.41 two years ago. Property value listed at 2 062 146 dollars.
MENTIONED IN THIS ARTICLE
Chicago Railways Company
Business Troubles Involuntary Bankruptcy Filings In New York
Petitions filed in U S District Court include Anton Fuerst shoe dealer 2648 Broadway involuntary by Manhattan Shoe Co Clark Hutchinson Co with claims $128763 and stock concerns. Walter B Allen appointed receiver. Voluntary filing Louis Engelman 220 West 141st Mobilities $231912 no assets admits debt to Gonzales Mora Co Chicago for goods 1995 $2150. Involuntary against Herman S Goldenberg 117 East 113th by Herman Henschel James A McClurg Sons New England Confectionery Co and Hawley Hoops with $55275 claims. Albert Falck appointed receiver. Involuntary against Heyman & Spardon No 51 East 5th street by Imperial Braid Co and others. claims $52387. Voluntary Morris Somach 195 Crystie Street liabilities $15563 31 assets $125 creditors Congress Brewing Co Brooklyn ey and Jacob Levy 220 Broome St. D000. Voluntary Wolf Birke 66 East 14th Street liabilities $1750 assets $1570. Voluntary Samuel Grosskopf waist maker 240 East 4th Street liabilities $6258 79 assets $1196 32 including stock $38975 fixtures $719 largest creditor Hannah Colgate 21 Liberty St for $1100 on alleged breach of contract. Discharges granted to Duron F Baker Isaac A Routeneere War shauer Albert Sichel Hearn & Oppenheim Jacob Rosenbloom Edwin M Dayton John T Arkinson.
MENTIONED IN THIS ARTICLE
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
East $Th Street
Imperial Braid Company
Voluntary
Morris Somach
Aterer
Crystie Street
Congress Brewing Company
Brooklyn
Jacob Levy
Broome Street
Wolf Birke
East la Th Street
Samuel Grosskopf
Fast 4Th Street
Hannah Colgate
Liberty Street
Duron F. Baker
Isaac A. Rout
Eneere Warshauer
Albert Sichel
Hearn & Oppenheim
Jacob Rosenbloom
Edwin M. Dayton
John T. Arkinson
Wheat market ends weak after seeding slows gains in Northwest
Chicago April 13 reports a weather aided start and later bearish turn as Northwest seeding operations accelerate. May wheat opened higher, traded around 92 1/4 to 92 1/2 cents, then slid to 91 1/2 cents. Corn and oats slipped, provisions down, and wheat flour clearances and receipts noted.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Kansas
Nebraska
Minneapolis
Duluth
Grain and meat markets edge lower on favorable weather
Receipts reach 245 cars vs 491 last week and 884 a year ago as May contracts see mixed moves. Wheat gains push markets early, then drop on favorable seed weather. Live hogs retreat after a 10 cent decline, pork products slip, and rib and lard quotes ease. Tomorrow's estimated receipts include 39 wheat, 128 corn, 292 oats, and 15 000 hogs.
MENTIONED IN THIS ARTICLE
May Park
United Railways of St Louis 1907 pamphlet report released
The full pamphlet report shows income and passenger data for the year ended December 31, 1907. It details multiple lines including Central of Georgia Colorado & Southern and Great Northern networks with miles operated and weekly April figures. Total passengers carried reached over 312 million with a 47.42 percent transfer rate and an average fare of 3.39 cents.
MENTIONED IN THIS ARTICLE
United Railways of St. Louis
St. Louis
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