Harriman Gould Deal Shifts Lake Erie Note Ownership
A formal notice states Kuhn Blair & Co will buy Lake Erie Railroad notes at par with interest. Banks led by Harriman will transfer notes to themselves for the Wabash guaranteed deal, shaping control through options on Wheeling Erie bonds and equipment, affecting the Gould Harriman rail network and looming foreclosures.
MENTIONED IN THIS ARTICLE
Kuhn, and Blair & Co
Per & CO
and Lake Erie Railroad Company
Blair & Co
Sen
No. M Broad Street
Wabash Railroad
Wabash
The
Lake Erie
Harriman
Gould
Harriman Gould
N & Said
Wheeling Erie General
E. H
Airescy
Sooner
Pelief
Well Street
Ali
Tribune
Wheeling
Erie
Baltimore & Ohio
Pittsburg
Ter- Pittsbore
Herriman
PLAN MILLION DOLLAR CEMENT PLANT NEAR CATSKILL
The American Engineer Cement Company of New York buys Dacre farm five miles south of Catskill for 75000 dollars. The firm, recently incorporated, has contracts on three other nearby farms and plans to start a two million dollar cement plant within a year. Speculation ties the deal to Ashokan dam expansion work by Alpha and the Reshoard cement interests.
MENTIONED IN THIS ARTICLE
Tribune
Catskill
N. Y
American Engineer- Cement Company
New York
Eeshoard Cement
Ashokan
Interstate belt defies ICC over New Orleans street railroads
The Public Belt Railroad Commission of New Orleans issued a challenge to ICC authority over interstate business. The city owned belt line, entirely within New Orleans, plans to handle traffic from all railroads starting Monday, disregarding ICC’s 30 day notice requirement. The belt commission said it will file its contentions in court.
MENTIONED IN THIS ARTICLE
New Orleans
Interstate Commerce Commission
Public Belt Railroad Commission
Belt
The
Belt Commission
Millis Belonging to International Paper Deny Wage Cut Report
Alonzo N. Burbank treasurer of International Paper Company yesterday denied reports that two Millis in Glens Falls New York had shut down over a 10 percent wage cut. He said the company made no cut nor even a wage reduction proposal.
MENTIONED IN THIS ARTICLE
Alonzo N. Burbank
International Paper Company
Glens Falls
N.Y
Pig Iron Prices Fall Further Amid Market Weakness
Pittsburg reports another five cent drop in the official price of Bessemer Big Iron, totaling a 35 cent weekly decline. The drop sparks talk of removing middlemen or brokers as the sole cause, with traders asserting no real market exists and prices forced down. Only one sale was recorded, but it showed a cut from 545 to 0?
MENTIONED IN THIS ARTICLE
the Tribune
Pittsburg
Bessemer
Parcel Post Rate Reduced to 12 Cents per Pound
Washington July 31 says Chili and Ecuador join the parcels post convention. The rate for packages sent from any United States post office to these nations will be 12 cents per pound or fraction. This marks an eight cent cut from former charges.
MENTIONED IN THIS ARTICLE
Washington
Chili
Ecuador
United States
Fraud Case Seaboard Firms Face Involuntary Bankruptcy
The Wilsons and affiliated firms file an involuntary bankruptcy petition against Sea Coast Construction Company at 116 Broadway alleging a fraud scheme connected to Breakwater Construction and Engineering. Contracts with the United States at New Haven Fairport and Point Judith netted 32 percent profits used to stock Breakwater, depriving Sea Coast creditors. Breakwater had earlier faced a separate petition, and assets were liquidated for 4800. John F. Donovan is listed as Sea Coast president and Breakwater secretary.
MENTIONED IN THIS ARTICLE
K. R. Wilson
West Street
Sea Coast Construction Company
Broadway
Wilsons
Breakwater Construction and Engineering Company
District Court
United States
New Haven
Fairport
Ohio
Point Judith
R. I
W. B. Bottome
Standard Audit Company
Schwarzschild & Sulzberger
Hough
Robert C. Morris
John F. Donovan
Hill on Ocean Needs in Pacific Trade Shift
St Paul dispatch notes Hill lines have abandoned the marine share in trade with Japan and China while staying affiliated with Japanese steamship lines. James J. Hill, chair of Great Northern, says the Pacific trade has been gone for a year and would require supportive, intelligent legislation rather than subsidies to sustain ocean carrying. He dismisses blame on the Interstate Commerce Commission.
MENTIONED IN THIS ARTICLE
St. Paul
Minn
Hill Lines
Japan
China
Northwest
James J. Hill
Great Northern
Hill
Interstate Commerce Commission
Commission
America
High Seas
GUGGENHEIM OUTLOOK ON TAFT VICTORY AND MARKETS
S R Guggenheim on the outlook after returning from a three months abroad trip notes English and continental business leaders favor Taft for president. He says stocks have been absorbed and paid for by investors and may rise if business improves next year. Copper stocks could lead gains as copper production stays secure. Europe to feel import losses unless India has adequate rains and China improves.
MENTIONED IN THIS ARTICLE
Europe
India
China
Conspiracy Alleged Behind Walsh Bank Failure
William Armstrong claims a New York railroad conspiracy pressured John R. Walsh, hindering a southern Indiana rail line and pushing Walsh toward bankruptcy or needing bank loans. Armstrong, suing several railroads for 1 million dollars, filed 141 interrogatories in Municipal Court to Charles W. Hotchkiss, former Indiana Harbor Railroad president. Judge Hume ordered 99 interrogatories answered.
MENTIONED IN THIS ARTICLE
Hicago
Hicago National Bank
John R. Walsh
William Armstrong
Armstrong
Charles W. Hotchkiss
Indiana Harbor Railroad
Lake Shore & Michigan Southern
New York
Walsh
Indiana
Hume
Receiver named for Ohio railroad at Columbus
James T. Blair of Parkersburg W V was appointed receiver for the Marietta Columbus and Cleveland Railroad Company by Federal Judge Sater on the Pennsylvania Railroad Companys application. The suit claims 2.00 in stock ownership and 30 683 in various debts. The petition notes plans to run to Cleveland from Columbus but only reached Marietta to Piles forty nine miles with funds exhausted. A mortgage to Knickerbocker Trust Company is cited and the trustee may be brought into court to answer.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
James T. Blair
Parkersburg
W. Va
Marietta, Columbus & Cleveland
Sater
Pennsylvania Railroad Company
Cleveland
Marietta
Knickerbocker Trust Company
New York
Second Pope Dividend Ordered in Newark Court
Vice-Chancellor Howell signed an order in Newark for a second dividend of per cent on all allowed claims against Pope Manufacturing Company. The order directs that $15,000 be added by the receivers to $65,900 already paid to the court, pending appeal from disallowance of the claim of Louisa A. Unzicker and others of Chicago totaling $262,000.
MENTIONED IN THIS ARTICLE
Howell
Newark
Pope Manufacturing Company
Louisa A. Unzicker
Chicago
Mail Carrying by Motorcycle in Iowa Fails to Slow Rural Route
Rural mail carrier Hadley equips a motorcycle to handle a twenty five mile route from his city serving seventy five patrons. He claims he can complete the rounds and service all mail boxes in two hours, a sharp drop from six to eight hours previously required by horse transport.
MENTIONED IN THIS ARTICLE
Iowa
Jowa
Hadley
Boy Firebug Starts Fire In Cell
Carterville Missouri July 31 A 13 year old boy Elza Stringer confessed to setting several fires including one that destroyed a livery stable and attempting to ignite a woman’s clothing. He was arrested after being seen around the premises and he confessed.
MENTIONED IN THIS ARTICLE
Carterville
Elza Stringer
Young Stringer
Cotton Crop Condition Report: July Assessment Impacts Market
Washington July 1 The July 5 83 percent cotton condition compares to 76 last year and 2 a month ago. State figures show varied conditions with Texas 82 and Oklahoma 64, while traders expected bears. The government report hints at about 13 million bales, but prices moved little after initial 7 point rise.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Tennessee
Missouri
Oklahoma
New Orleans
Cotton Exchange
SCOUTS RACE POSTPONED FOR CREW TRAINING DELAY
Washington July 31 The navy boards post pone comparative runs of the scout cruisers Birmingham Chester and Salem until crews are well broken in. Runs expected to resume by late August with results aiding Florida and Utah machinery design and turbine selection. Army and Navy personnel changes detailed, with multiple officers reassigned or promoted. Vessel movements include arrivals at Philadelphia Newport Norfolk and other ports.
MENTIONED IN THIS ARTICLE
Birmingham
Chester
Salem
Navy Board On Construction
Engineer In Chief
Navy
Navy Department
Florida
Utah
Parsons
Curtis
Wind Blows Forty Eight Miles an Hour North Carolina Wires Down
A West Indies storm moved along the North Carolina coast reaching slightly north of Wilmington. Winds peaked at 48 mph, easing only in the storm center today. Telegraph wires south from Norfolk are faulty, and there is no communication from the three masted schooner reported in trouble off New Inlet.
MENTIONED IN THIS ARTICLE
North Carolina
Norfolk
West Indies
Wilmington
N.C
Hampton Roads
New Inlet
Cotton Exchange Inquiry Committee Opens Sessions
A New York Cotton Exchange special committee voting yesterday invited the Commissioner of Corporations to detail a representative from the bureau of corporations to attend each session. All meetings except executive sessions will be open to exchange members. Sessions are set for next week on Tuesday Wednesday and Friday at 3 30 p m.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Board of Managers
Commissioner of Corporations
Bureau of Corporations
Exchange
Soldiers Engage in a Negro Hunt at Rehoboth
State militiamen camped near Rehoboth Delaware faced a riot when negro bystanders clashed with soldiers after a brick was thrown striking a soldier. The pursuit of Black residents left over twenty injured and one man with a fractured skull possibly fatal. Governor Lee sent fifty soldiers to arrest the brick thrower and restore order.
MENTIONED IN THIS ARTICLE
Rehoboth
Del
Company H
1St
Delaware Regiment
New Castle
Lee
Wife Away, Father Kills Himself and Two Daughters
In Cranston Rhode Island on July 31 Leonard Hendricks killed himself and his two daughters Ann five and Lillie three by gas while wife was in Hartford. A note to Mrs Hendricks said Goodby and hints jealousy. Authorities deem him temporarily insane.
Powder explosion destroys Stafford mining town
Huntington W VA July 31 A blast last night at Stafford Raleigh County leveled nearly every building. About 100 kegs of powder in a powder house exploded injuring several people, the worst being Postmaster Frank Munroe. Several residents were blown from their homes. Cause unknown. Damages totaled about 206000.
MENTIONED IN THIS ARTICLE
Huntington
W. Va
Stafford
Raleigh County
Frank Munroe
Drew inquiry findings announced
Coroner M H Strope released the coroner's inquest findings into Hazel Irene Drew's death. The body was found in Teal Pond July 11 after a hearing in Averill Park and Troy. The coroner cites death from extravasation of blood in the dura mater caused by a blow to the head by a blunt instrument whose method remains unknown. District Attorney O'Brien said the search for the supposed murderer would continue relentlessly.
MENTIONED IN THIS ARTICLE
Troy, N
M. H. Strope
Hazel I. Drew
Teal Pond
Averill Park
Court House
Troy
Hazel Irene Drew
M.A. Strope
Rensselaer County
O'Brien
Plan immense Ohio furnaces near Cleveland announced
Announcement to day that Corrigan, McKinney & Co will build two iron furnaces and extensive ore docks along the upper river at an estimated cost of about 2 1/2 million dollars. Each furnace will have capacity to produce 20 000 tons of pig iron yearly and will provide employment to workers. The furnaces will likely be the largest outside the Pittsburg district.
MENTIONED IN THIS ARTICLE
Cleveland
Corrigan, McKinney & Co
Upper River
Pittsburg
Oklahoma files lumber suits in state supreme court
Guthrie Oklahoma July 31 Attorney General West filed ouster suits in the state supreme court against Foster Badger Clark Bates Longbell lumber companies all Missouri corporations and the Central Coal and Coke Company plus the Glenn Lumber Company Kansas concern An auxiliary petition asks for an injunction restraining Yellow Pine Association members from enforcing an alleged pool Similar suits were filed in Kansas and Missouri yesterday and suits are to be filed by Texas.
MENTIONED IN THIS ARTICLE
Guthrie, Okla
West
State Supreme Court
Foster, Badger, Clark & Bates and
Longbell Lumber Companies
Central Coal and Coke Company
Missouri
Glenn Lumber Company
Kansas
Yellow Pine Association
Texas
Thieves Seize 50000 In Papers In Bridgeport Robbery
Armed citizens from Middlebury and Bridgeport hunted woods for the men who robbed the Bridgeport general store and post office kept by D H Dennett. Papers valued at 3000 were taken and left with the postmaster for safekeeping by local owners.
MENTIONED IN THIS ARTICLE
Middlebury
Bridgeport
D. H. Dennett
Army to Represent U S Army Medical Service at Esperanto Congress
Washington July 31 The army will be represented by Major Paul F Straub at the Esperanto congress in Dresden on August 16. Ordered by Major General Leonard Wood the move follows debate over temporary tenure. Major Straub, an Army Medical Reserve Corps officer and Medal of Honor recipient, sails from New York tomorrow to study European medical instruction and compare with U S Army methods.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Army
Dresden
Leonard Wood
Europe
F. D. Grant
Department of the East
Governor’s Island
New York
Army Medical Reserve Corps
War Department
Paul F. Straub
Surgeon General
Philippines
Straub
United States Army Medical School
Plum Named to Probe United Box Board Operations
Vice-Chancellor Howell in Newark yesterday appointed Matthias Plum Jr to investigate the operations of the United Box Board and Paper Company prior to and since the appointment of receivers.
MENTIONED IN THIS ARTICLE
Howell
Newark
Matthias Plum, Jr
United Box Board and Paper Company
Conference urged to teach mothers on fly risk
The Summer Care of Babies conference chairman received a note from Edward Hatch Jr of the Merchants' Association on water pollution proposing a campaign in the first week of August. He urges physicians nurses and lecturers to alert workers to prevent contamination of children and food by flies, hoping for a drop in deaths if mothers are educated. The conference will decide at its next Tuesday meeting whether to join the Merchants' Association effort to stamp out the fly nuisance.
MENTIONED IN THIS ARTICLE
Edward Hatch, Jr
Merchants’ Association
Hatch
Merchants’ Association Committee
Provident Securities Firm Callled Almost a Legalized Swindle
In Boston on July 31 Justice Braley described the Provident Securities and Banking Company as almost a legalized swindle while reserving decision on the petition to allow the final account of the receivers. Court heard debts total 274000 with 199000 owed to depositors and only 3500 on hand to cover claims.
MENTIONED IN THIS ARTICLE
Boston
Provident Securities and Banking Company
Justice Braley
Supreme Court
Business Troubles Involuntary Bankruptcy Filings Listed
Petitions filed in U S District Court reveal involuntary bankruptcies against Aaron Drusin cloak maker at 127 Mercer St with 588 19 owed Geffen & Becher, and Joseph Kurtz trunks dealer at 3 Sheriff St with 500 in unpaid notes. Wallbracht & Co at East 14th St shows 15 255 97 liabilities and 18 271 99 assets. Merchants' Specialty and Manufacturing Co at 259 Greenwich St shows 4 635 44 liabilities and 9 766 assets. Hamilton Holt named receiver for Alin Brothers & Co at 8 Mercer St, makers of children's reefers and women's cloaks.
MENTIONED IN THIS ARTICLE
Aaron Drusin
Mercer Street
Geffen & Becher
H. A. Robinson
Joseph Kurtz
Sheriff Street
Michael Kendell
Wallbracht & Co
East 14Th Street
Merchants’ Specialty and Manufacturing Company
Greenwich Street
Hamilton Holt
Alin Brothers & Co
Fifteen Cents to Yonkers Fare Change Explained
Leslie Sutherland receiver of Yonkers City Railway posts notice that starting today no five cent transfers to New York will be used. He states the scheme cost about 15000 during receivership and cannot continue. By September 1 fares rise to 15 cents on all Yonkers lines and related routes to the Bronx and downtown.
MENTIONED IN THIS ARTICLE
Leslie Sutherland
Yonkers City Railway Company
New York
South Broadway
Broadway
Subway
Sutherland
Interborough
Yonkers City Company
West Side
Whitridge
Third Avenue Union Lines
Union
Bronx
Yonkers
City Line
van Cortlandt Park
McLean Avenue
Webster Avenue
Bedford Park
128Th Street
Harlem
Tragic drowning at Tuxedo Lake claims Miss Flaherty
Miss Helen Flaherty twenty three daughter of John Flaherty of Springfield Mass while temporarily in sane leaped into Tuxedo Lake at Tuxedo Park at two this morning and drowned before rescue. She was to enter a convent in Holyoke Mass in October and was visiting her brother Thomas Flaherty a coachman for Louis J Pooler at the Burman house on West Lake Road.
MENTIONED IN THIS ARTICLE
the Tribune
Goshen
N. Y
Helen Flaherty
John Flaherty
Springfield
Mass
Tuxedo Lake
Tuxedo Park
Flaherty
Holyoke
Masa
Thomas Flaherty
Louis J. Pooler
Burman
West Lake Road
Condition of Trade and Business Outlook in July
Trade reports show moderate improvement with broader activity year over year. Agricultural harvests progress smoothly, labor supply improves as manufacturing slows, and railways move to support crop and industry. July earnings are slightly below 1919, imports and exports fall, retail stocks vary, and open trading resumes in August with stronger buying anticipated.
MENTIONED IN THIS ARTICLE
Dan
Forel
New York
Braidstreet
Sas
Central West
Northwest
South
Pacific Northwest
The Print Cloth Market in Fall River Week
Fall River Massachusetts reports 40 000 pieces in the print cloth market this week, a small total for recent periods. The 27 inch square styles show minor declines while most of the mills cut production about half the week. Prices listed for various widths and finishes are given with nominal figures and small changes.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Chicago Grain and Provisions Market Report July 31
Chicago reports show wheat prices slipping on weak sentiment amid new crop blight doubts, with September wheat off and corn and oats mixed. Provisions also ease slightly as traders weigh receipts, exports, and Northwest rust updates.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Bradstreet
Duluth
Commission Houses
Bulle
Illinois
Indiana
Missouri
Tége
Téige
Te BS
Market receipts and cattle prices across multiple districts
Telegraph markets report receipts and price ranges for cattle, hogs, and sheep. Cattle steady to brisk, steers and western stockers varying by region. hogs steady to higher with top quotes near 6.29 to 6.50. sheep and lambs active with gains noted in several markets. Regional figures include Cincinnati, Kansas City, Pittsburg, and Chicago listings with specific price ranges and head counts.
MENTIONED IN THIS ARTICLE
Cincinnati
East Buffalo
Kansas City
Texas
Pittsburg
Chicago
Also Mentioned on This Page
L. E
New York Company
Interstate Commission
Orleans
J. Hill
S. R. Guggenheim
Taft
Ohio Railroad
Boy Firebug
Army and Navy News
Shall
Pack Enete
Montgomer M. Acome
George F. E
Aes
Isdx Cae Artillery
Sherwood A Sey
General Staff
Lawson M
Ordnance Department
Frank B. M'Coy
17Th Infantry
General Hospital
Washington Barracks
John H Stone
Key West Barracks
Fort Leavenworth Military Prison
Park Howell
Moogstar
Fort Bayard
Fred W. Palmer
Fort Benjamin Harrison
George Goodale
Mississippi Agricultural Andechanical College
Edward N. Macon
Coast Artillery
Thomas M. Moody
San Francisco
Denver
Edwin P. Andrus
Cavalry
John G Worrizer
Charles W. Weeks
James J. Mayes
Charles H. Boice
Clyde B. Crusan
Fort Riley
Irving Carr
34Th Infantry
Frank R. M'Coy
Warin D. Dixon
Sth Cavalry
Signal Corps
William H. Waldron
Fort Leavenworth
William E. Merritt
Sth Infantry
Camp Perry
William H. Hart
Ernest B. Gose
24Th Infantry
Laurence CC. Brown
Otis R. Cole
25Th
Satenes
Robert L Moseley
George S. Simonds
Franch. A. Ruggles
G. B. Harder
Pacific Fleet
B. T Walling
F. H. Eldridge
H. Laning
J. &. Arwine, Jr
W. H. Pritchett
W. W. Buckley
Marine Corps
E. BE. Wright
Chattanooga
J. J. Luchsinger, Jr
Naval Station
Cavité
Des Moines
Philadelphia
Yankee
Newport
Nera
Bradford
Olympia
Nevada
Hartford
Wolverine
Milwaukee
Lebanon
Charleston
Portte Cortez
Arethusa
Honolulu
Cotton Exchange Inquiry
Cranston
DREW
United Box Board
United States District Court
Hidalgo
Northeastern
Interoceanic
Mexicro
Mexican International
Tae National
Mexiko
Toledo
ST. Louis & Western
Atees
Alabama Great Southern
Buffalo
Rochester
Tbaxas Pacif Tc
Sneer
Grosa
Pennsylvania
Baltimore
Smee. Inc
Inc
West Jersey & Seashore
Ees Nyetes
Ateeiwee
Long Island
Eeces Sense Inc Inc
Justice
Kentucky
Andes
L. Wash
Rest & Be
Occidental
Qpbcir Sane
Caledonia
Potantoe
Savage
Thouar
Sierra Nevada
Gould & Curry
Hale & Norcross
UBWU
Chicago Grain and Provisions
Telegraph
Trinity School
St Imary
Bagien Madison
Brooklyn
Tidt
Lakeville
Taconic School For Girls
Beautiful Lake
Berkshire
Lilian Dixon
Wellesley
Brys Mawr
Bertha Bailey
Mason's
the Castle
Tarrytown-on-Hudson
C. E. Mason
Soravian Sewonart
GIRTS
Retileven
Max Bark
D. D
Echeo
Phila
Yale
Prin
Concordville
East Greenwich Academy
East Greenwich, R
Young Ley
Charles Alferd Stenheouss
Worrall Hall Military Academy
Sanitary Conditio
RYE Seminary Voryartioutass
S J. Life
the Misses Stowe
Rye, New York
Law School
NEW York University Law School
Weer
Washington Sq. N
NEW York Day School
Fulton *T. Law School
Wew School
New York City
George Chase
American and Foreign Teachers Agency
M. J. Young-Fulton
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