Harriman Gould Deal Buys Wheeling and Lake Erie Notes
Banking syndicate led by E H Harriman to purchase three year 5 percent notes of the Wheeling and Lake Erie Railroad at par with interest for the Wabash Railroad, extending the notes rather than liquidating. The arrangement places control with Harriman interests, with an option on collateral bonds and equipment, aiming at broader alliances in Eastern railroads.
MENTIONED IN THIS ARTICLE
Kuhn
Eth. Coen
Siteing and Lake Erie Railroad Company
Barr & Co
Broad Street
Wabash Railroad Company
Lake Erie
Harriman
Gould
Wabash
Wheeling and
E. H. Harriman
The
Tribune
Wheeling and Lake Erie
Wabash- Pittsboro
Erie Railroad
Baltimore & Ohio Railroad
Wabash Pittsburg
Pittsburg
Wall Street
PLAN MILLION DOLLAR CEMENT PLANT NEAR CATSKILL N Y
The American Engineering Cement Company of New York bought a 20 acre farm five miles south of Catskill for 75 dollars. The firm has contracts on three other farms in the region and plans a two million per year cement plant within a year. Details are murky but speculation ties the concern to Ashokan dam contracts and to nearby cement companies.
MENTIONED IN THIS ARTICLE
Tribune
Catskill
N. Y
American Engineering Cement Company of
New York
Acy
Kicality
Alsen
Fesboa
Public Belt Railroad Defies ICC in New Orleans
In Orleans a July 83L-A challenge to ICC authority over interstate rail traffic was issued by the Public Belt Railroad Commission of New Orleans. The city owned belt railroad plans to handle inbound traffic Monday despite ICC notice requiring thirty days advance rate filing, signaling they will take the dispute to court.
MENTIONED IN THIS ARTICLE
Orleans
Interstate Commerce Commission
Public Belt Railroad Commission
New Orleans
Belt
The
Belt Commission
Burbank denies wage cut report at Glens Falls mills
Alonzo XN. Burbank, treasurer of the International Paper Company, yesterday denied a report that two Glens Falls mills had shut down due to a 10 percent wage cut. He said the company made no cut or proposition to cut wages.
MENTIONED IN THIS ARTICLE
Alonzo XN. Burbank
International Paper Company
Glens Falls
Burbank
Pig iron prices fall as brokers face scrutiny
Pittsburg July 21 The official price of Bessemer pig iron dropped five cents, widening this week’s decline to 8 1/2 cents amid talk of omitting middlemen. Advocates say there is no market to justify cuts, noting only a sale of W W tens at 4 to 350 was recorded this afternoon with a lower price.
MENTIONED IN THIS ARTICLE
The
Tribune
Pittsburg
Parcels Post Rate Reduced to 12 Cents a Pound
Washington July 31. The parcels post rate to Chile and Ecuador is cut to 12 cents per pound or fraction. This reduces the former rate by eight cents. The new rate applies to packages mailed from any town in the United States to those two countries.
MENTIONED IN THIS ARTICLE
Washington
Chili
Ecuador
United States
Fraud charge in papers links Sea Coast to Breakwater scheme
K and K Wilson filed an involuntary bankruptcy petition against Sea Coast Construction Co at 116 Broadway claiming $9102 and alleging the Breakwater Construction and Engineering Co, now bankrupt, owned Sea Coast stock. The suit accuses the receiver of Breakwater of diverting profits from U S contracts in New Haven Fairport and Point Judith to buy stock, defrauding Sea Coast creditors. The Breakwater petition sought $847 and noted insolvency in 1807 with prior transfers to creditors. Robert C. Morris was named receiver with assets sold for $480,000. 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 Lines Abandon Pacific Trade For Railcar Alliance
St. Paul report notes Hill lines dropped marine trade with Japan and China while keeping ties to Japanese steamers. James J. Hill of the Great Northern says the Pacific trade failed to pay and laments lack of a competitive U S flag on the seas, urging intelligent legislation over subsidies.
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 On The Outlook After Lusitania Trip
S R Guggenheim returned yesterday on the Lusitania from a three months abroad trip. He said English and Continental business men want Taft elected and that a Republican victory would bring better times. He noted stocks have been absorbed as investors pay for them, and predicted higher stock prices if business improves, with focus on low priced copper stocks. Europe would miss our imports but could gain if India has rain for crops and China improves.
MENTIONED IN THIS ARTICLE
S. R. Guggenheim
Lusitania
England
Taft
Mr. Guggenheim
Europe
India
China
Conspiracy Theory Ties Walsh Bank Collapse
Chicago July 31. William Armstrong claims a railroad conspiracy behind the Chicago National Bank failure. He filed 141 interrogatories in Municipal Court naming Charles W. Hotchkiss and alleges a New York cabal prevented Walsh from building the Southern Indiana line, forcing bankruptcy or a bank loan. Judge Hume ordered 99 interrogatories answered.
MENTIONED IN THIS ARTICLE
Chicago
Chicago National Bank
John R. Walsh
William Armstrong
Armstrong
Municipa l Court
Charles W. Hotchkiss
Indiana Harbor Railroad
Lake Shore & Michigan Southern
New York
Walsh
Indiana
Walish
Hume
Receiver for Ohio railroad named in Columbus case
James T. Blair of Parkersburg West Virginia was named receiver for the Marietta Columbus and Cleveland Railroad Company by Federal Judge Sater on Pennsylvania Railroad’s application. The suit claims $2,000 in stock and $30,683 owed, with the line built only to Prios on a planned route to Cleveland. A $250,000 mortgage to Knickerbocker Trust Company is also at issue.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
James T. Blair
Parkersburg
W. Va
Marietta
Prios
Knickerbocker Trust Company
New York
Second Pope Dividend Ordered in Newark
Vice-Chancellor Howell signed an order in Newark directing a second dividend of 2 percent on all allowed claims against Pope Manufacturing Company. The order requires the receivers to add 15,000 to the 65,000 already paid to the court, held pending an appeal from the receivers’ disallowance of a Louisa A. Unzicker et al. Chicago claim of 262,000.
MENTIONED IN THIS ARTICLE
Howell
Newark
Pope Manufacturing Company
Louisa A. Unzicker
Chicago
Rural letter carrier buys motorcycle to speed delivery
Iowa Fails July 31 report says carrier Hadley obtained a motorcycle for his route of twenty five miles with seventy five patrons. He claims to complete the trip and service all boxes in two hours, a sharp improvement over six to eight hours with a horse.
MENTIONED IN THIS ARTICLE
Iowa
Hadley
Boy Firebug Arrested After Livery Fire in Carterville
A 13 year old, Elza Stringer, admitted starting several fires in Carterville Missouri. He destroyed a livery stable and attempted to ignite a woman's clothing before his arrest. Stringer confessed and then set a fire in his jail cell.
MENTIONED IN THIS ARTICLE
Carterville
Elza Stringer
Young Stringer
Cotton crop condition report weighs on market
Washington July 31 The Department of Agriculture reports the average cotton condition at 53 percent on July 3 3, down from 81 2 a month earlier and 75 a year ago. The July figures suggest a crop around thirteen million bales though the market reacted only modestly with prices dipping after an initial advance.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
St. Mississippi
Louisiana
Texas
Arkansas
Tennessee
Missouri
Oklahoma
Cotton Exchange
Scout Race Postponed and Navy Board Orders Changes
Washington July 31 The naval scout cruiser comparative runs for Birmingham Chester and Salem are postponed until crews are well broken in. The delay pushes trials to late August with results expected within two to three months aiding Florida and Utah turbine selection. Army officers detailed for Board of Ordinance and Fortification and medical corps transfers announced. Navy ships movements listed with arrivals at Newport and Philadelphia and sailings to Milwaukee, Puerto Cortez, and San Francisco.
MENTIONED IN THIS ARTICLE
Birmingham
Chester
Salem
Navy Board On Construction
Engineer In Chief
Navy
Navy Department
Florida
Utah
Parsons
Curtis
John H Stone
Key West Barracks
Fort Leavenworth Military Prison
Park Howell
General Hospital
Fort Bayard
Fred W. Palmer
Fort Benjamin Harrison
George & Goodale
Mississippi Agricultural Andechanical College
Edward N. Macon
Coast Artillery
Washington Barracks
Thomas M. Moody
San Francisco
Denver
Edwin P. Andrus
Cavalry
John G. Worrier
Charles W. Weeks
James J. Mayes
Charles H. Boice
Clyde B. Crusan
Fort Riley
Irving Carr
Frank R. M'Coy
Wariei D. Dixon
Signal Corps
William H. Waldron
Leavenworth
William E. Merritt
Sth Infantry
Camp Perry
William H. Hart
Ernest B. Gose
24Th Infantry
Laurence C. Brown
Otis R. Cole
Robert L. Moseley
Philippine Coats
George S. Simonds
Francis A. Ruggles
Wind Blows Forty-Eight Miles an Hour in North Carolina
A West Indies storm centered near North Carolina roared north of Wilmington with easterly gales. Norfolk reports wires failing and Hamp ton Roads quiet as captains and ships faced high winds and possible vessel trouble off New Innett.
MENTIONED IN THIS ARTICLE
North Carolina
Norfolk
West Indies
Wilmington
N.C
Virginia Capes
Hampton Roads
New Innet
Cotton Exchange Invites Corporation Bureau Rep At Sessions
A New York Cotton Exchange special committee voted to invite a representative of the bureau of corporations to attend each session and to keep all meetings open to exchange members except executive sessions. Meetings are set for Tuesday Wednesday and Friday next week at 3 30 p m.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Board of Managers
Commissioner of Corporations
Bureau of Corporations
Exchange
Black Civil Unrest Near Rehoboth After City Soldiers Strike
State militiamen clashed with a Black crowd in Rehoboth Delaware after a brick was flung at a soldier from Company H 1st Delaware Regiment. Dozens injured, one man with a fractured skull possibly fatal, pursuit through porches roofs and trees ensues until authorities restore calm. brick thrower at large.
MENTIONED IN THIS ARTICLE
Rehoboth
Del
Company H
1St
Delaware Regiment
New Castle
Lee
Tragedy of Hendricks Family in Cranston Apartment
Leonard Hendricks killed himself and two daughters Ann five and Lillie three in Cranston Rhode Island by gas while wife in Hartford. Bodies found after a locked room was broken into a note to Mrs Hendricks read Goodbr, hinting jealousy. Officials suspect temporary insanity though no known motive.
Powder Blast levels Stafford mining town in Raleigh County
In Stafford Raleigh County a blast of one hundred kegs of powder in a powder house wrecks nearly every building and injures several people. Postmaster Frank Munroe is among the worst hurt. Unknown cause. Damage estimates reach 206000. Separately Coroner M H Strope releases findings on Hazel I Drew death from a blow to the head with a blunt instrument in Averill Park and Troy. O’Brien says a relentless hunt for the suspected murderer will continue.
MENTIONED IN THIS ARTICLE
Huntington
W. Va
Stafford
Raleigh County
Frank Munroe
Troy
N. Y
M. H. Strope
Hazel I. Drew
Teal Pond
Averill Park
Court House
City of
Hazel Irene Drew
Rensselaer County
Plan Immense Ohio Furnaces Near Cleveland
Corrigan, McKinney & Co. announced plans to build two iron furnaces and extensive ore docks on the upper river at a cost around 2.5 million dollars. Each furnace will produce 200,000 tons of pig iron annually and employ many workers. The complex is expected to rival the Pittsburg district in size and output.
MENTIONED IN THIS ARTICLE
Cleveland
Corrigan, McKinney & Co
Upper River
Pittsburg
Oklahoma files lumber suits in Supreme Court
Guthrie Oklahoma July 31 Attorney General West files ouster suits in the State Supreme Court against Foster Badger Clark Bates Longbell lumber firms and Central Coal and Coke Company all Missouri corporations and Glenn Lumber Company Kansas concern An auxiliary petition seeks injunction restraining Yellow Pins 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
Central Coal and Coke Company
Missouri
Glenn Lumber Company
Kansas
Yellow Pins Association
Texas
Thieves Get $50,000 Papers Robbery Report
Armed citizens in Middlebury and Bridgeport hunted two men after a daring theft at the Bridgeport general store and post office run by D. H. Dennett. Papers valued at 3,000 were taken and left with the postmaster for safekeeping by several owners.
MENTIONED IN THIS ARTICLE
Middlebury
Bridgeport
D. H. Dennett
Army to Represent U S in Esperanto Congress at Dresden
The army will be represented by Major Paul F. Straub at the Esperanto congress in Dresden on August 16, at the suggestion of Major General Leonard Wood. Wood, in Europe on leave, initially favored a contract surgeon but War Department limited it to a permanent officer. Straub, a medal of honor recipient for gallantry in the Philippines, will also study German medical instruction methods during his stay and depart from New York tomorrow.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Army
Dresden
Leonard Wood
U.S. A
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
Howell names Plum to probe United Box Board operations
Vice-Chancellor Howell in Newark appointed Matthias Plum Jr to investigate the United Box Board and Paper Company. The inquiry covers pre and post receivership activities and outlines the ongoing examination of the company’s operations.
MENTIONED IN THIS ARTICLE
Howell
Newark
Matthias Plum, Jr
United Box Board and Paper Company
Campaign Against Flies Prompts Health Education Push
The Conference on the Summer Care of Babies may back a campaign led by Edward Hatch Jr the Merchants Association on water pollution. He urges early August directives for doctors nurses and lecturers to teach mothers to protect children and food from flies aiming to cut child mortality. The next meeting will decide on cooperation with the merchants committee to stamp out the fly nuisance.
MENTIONED IN THIS ARTICLE
Edward Hatch, Jr
Merchants’ Association
Hatch
Merchants’ Association Committee
Provident Securities Bank Receivers Narrowly Scrutinized
In Boston on July 31 Justice Braley reserved decision on the petition to allow the final account of the receivers of the Provident Securities and Banking Company. He called the firm almost a legalized swindle as court records showed debts totaling 274000 dollars, with 199000 owed to depositors and only 3500 available to meet claims.
MENTIONED IN THIS ARTICLE
Boston
Provident Securities and Banking Company
Justice Braley
Supreme Court
Bankrupt petitions filed in U S District Court
Involuntary petitions were filed against Aaron Drusin at 127 Mercer Street by Geffen & Becher claiming 588 19 for goods sold. H A Robinson appointed receiver. assets include 3 000 stock and 2 000 in accounts. Also involuntary against Joseph Kurtz at 3 Sheriff Street by Michael Kendell for 500 in unpaid notes. Wallbracht & Co. at 8 East 14th Street show liabilities 15 255 97 and assets 918 27 99. Merchants' Specialty and Manufacturing Co. at 259 Greenwich Street show liabilities 4 635 44 and assets 5 768. Hamilton Holt appointed receiver of Ulin Brothers & Co. at 85 Mercer Street.
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
Ulin Brothers & Co
Fifteen Cents Fare Change for Yonkers Rail Line
Leslie Sutherland receiver of Yonkers City Railway announces no five cent fares to New York effective today. Transfers to Broadway subway end. Receivership losses about 15000 dollars. Future fare to rise to fifteen cents September 1 across Yonkers and East Side routes with Interborough connections.
MENTIONED IN THIS ARTICLE
Leslie Sutherland
Yonkers City Railway Company
New York
South Broadway
Broadway
Subway
Sutherland
Interborough
Yonkers City Company
West Side
Reeceiver Whitridge
Third Avenue Union Lines
Union
Death by own action in Tuxedo Lake
Miss Helen Flaherty twenty three a daughter of John Flaherty Springfield Mass jumped into Tuxedo Lake at 2 o clock this morning at Tuxedo Park and was drowned before she could be rescued She was to enter a convent at Holyoke Mass in October and was visiting her brother Thomas Flaherty a coachman for Louis J Pooler at the Burman house West Lake Road
MENTIONED IN THIS ARTICLE
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
Trade and industry inch forward amid mixed signals
Conditions show gradual improvement with regional divergence. Agricultural yields advance amid steady labor, railways expand to move crops, while overall trade and money ease. July earnings near year-ago levels. Retail demand strengthens on sales and warm weather, but fall stock levels and regional buying power remain uneven. iron and steel show higher orders, but pig iron ease persists.
MENTIONED IN THIS ARTICLE
Ne — Ee
New York
Brastree’s
Ind 1
Central West
Northwest
South
Pacific Northwest
The Print Cloth Market in Fall River Slips in Week
Fall River Mass July 31 sales in the print cloth market for the week are estimated at 4.0 pieces marking one of the smallest totals in recent times. About half the mills curtailed production while prices for various cloth sizes show minor declines or remain nominal with several lines unchanged.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Mie
Bec
Chicago Grain and Provisions July 31 Market Report
Chicago wheat fell to near day’s lows as new crop blight reports were denied, while corn and oats showed mixed to weak closes. September wheat eased to 9 1/4 to 9 1/2 cents losses, with exports about 2.4 million bushels that week. Provisions were little changed, with hog prices aiding early strength before easing. receipts totaled 166 thousand bushels of wheat and 405 cars from Minneapolis and Chicago combined.
MENTIONED IN THIS ARTICLE
New Orleans
Chicago
Minneapolis
Bradstreet
Duluth
Commission Houses
Lecal Bulla
Ilinois
Indiana
Missouri
Téige
Bae Te
Provisiona
Market Wrap of Cattle Hogs and Sheep Across Cities
Telegraph market notes from Chicago Cincinnati East Buffalo Kansas City and Pittsburg detail cattle receipts around 50 head to 16 000 head with steady to higher prices for steers cows and heifers and strong sheep and lamb markets. Hogs show higher bids with top around 7 5 while veal calves and lambs fetch solid returns across regions and stockers and feeders move at firm to higher levels.
MENTIONED IN THIS ARTICLE
Chicago
ST OG
Cincinnati
East Buffalo
Kansas City
Texas
Pittsburg
Pier
Also Mentioned on This Page
L. E
Harriman -Gould
New York Company
Interstate Commission
the Tribune
J. Hill
Ohio Railroad
Boy Firebug
Army and Navy News
L. Marshall
Engineers
Oe Sre MacKenzie
Montgomer Macons
Meral Staff
George F. E Harrison
Sherwood A. Cheney
General Staff
Lawson M. Fuller
Ordnance Department
Frank B. M'Co
17Th Infantry
G. B. Harrir
Third Squadron
Pacific Fleet
B. T Walling
F. H. Eldridge
H. Laning
J. &. Arwine, Jr
W. H. Pritchett
W. W. Buckley
Marine Corps
E. E. Wright
Chattanooga
J. J. Luchsinger, Jr
Naval Station
Cavité
Ranger
H. Rutts
Naval Hospital
Canacao
H. L Kelley
Ensian A S. Hickey
Helena
Concord
W. W. Lamar
Olongape
Des Moines
Philadelphia
Yankee
Newport
Mississippi
Bradford
Olympia
Nevada
Hartford
Wolverine
Milwaukee
Lebanon
Charleston
Puerto Cortez
Honolulu
Cotton Exchange Inquiry
Cranston
DREW
O’brien
United Box Board
United States District Court
Yonkers
Hidalgo & Northeastern
Interoceanic OF Mexico
Mexican International
Buffalo
Rochester
Traxnas
Pennsylvania
Baltimore
Inc
Northern Central
West Jersey & Seashore
Long Island
el Inc
Alta
Justice
Kentucky
Andes
L. Wash
Belcher
Rest & Belcher
Occidental
Peto
Chollar
Savage
Sierra Nevada
Cal & Va
St Louis
Utama
Gould & Curry
Yellow Jacket
Hale & Norcross
Chicago Grain and Provisions
Telegraph
Trinity School
Mary Gramma
School OF Languages
Madison Square
Harlem
Lenox Ave
S& Brooklyn
Court
Asbury Park
N. E
Connecticut
Lakeville
Taconite School For
Beautiful Lake
Berkshire
Lilian Dixon
Wellesley and
Erie Mawr
Bertha Bailey
Watlesley
C. E. Mason
the Castle
Tarrytown-on- Hudson
EOE Suns
Tes Eee Aea Ounle
Max Hark
D. D
Prin
Phila
Maplewood
College of Business
J. G.hortlidge
A. M
Yale
East Greenwich Academy
East Greenwich
R. 1
Charles Alford Stenhouse
Worrall Hall Military Academy
Rufors New Tooms
RYE Seminary
Cc Life, the Misses Stows
Rye, New York
Law School
NEW York University Law School
L. J. Tomp&sins
Washington Sq. MN
NEW York Day School
New York City
George Chase
M. J. Young-Fulton
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