Monopoly bid dispute over lockbar pipe contracts
A city bid controversy concerns T A Gillespie and East Jersey Pipe Company accused of monopoly dealings on lockbar pipe. Affidavits from Cooper Evans Brison and others allege collusion and price manipulation to favor Gillespie, with bids showing abnormally low figures and claimed exclusive licenses.
MENTIONED IN THIS ARTICLE
T. A. Gillespie Company
Oe Cooper-Evans-Brison Company
Holly
No. 6
West
Brooklyn
Waite & Foster
Park Board
Grant and
Gilroy
Jersey Pipe Company
Gillespie Company
Mr. Holly
Meehan
East Jersey Pipe Company
Holly Sars
Lockberg
T. A. Gillespie
T. A. Gilleppie
Wiliam G. Cooper
Cooper- Evans-Brreon Company
Water Commissioner
Gillespie and
Eset Jersey
Frank FE. Vandevort
T. H. Gillespie
T. A Gillespie Company
Brien
Suit against John Mulholland over fluor spar mine assets
A suit in equity filed in a United States court accuses promoter John Mulholland of fraudulently diverting 490000 used to acquire 435 acres in Hardin County Illinois for a fluor spar mine. Ancillary receivers seek restoration of assets to the International Finance and Development Company and nullification of related conveyances.
MENTIONED IN THIS ARTICLE
The
Tribune
Denville
Ill
United States
John Mulholland
Mulholland
International Finance and Development Company
No. 38 Park Row
New York City
John C. Tirich
Harry Joslyn
Delaware
Fairview Fluor- Spar and Lead Company
Equity
New York
Hardin County
Fuorspar
Feirview Fluorspar and Lead
Record Wheat Prices Rise on Northwest Prospects
Wheat futures climbed with September at 105% and December at 107% while May reached 110 as Liverpool reports and Chicago spring wheat outlooks fuel speculation. Day’s net advances were 2% for September 8 for December and 3 for May, impacting export demand and suggesting no large crop increase over last year despite overall higher prices.
MENTIONED IN THIS ARTICLE
Hich
Liverpool
Chicago
One Bidder Wins Narrow Sale of News Print Paper
A lone bidder bought all five carloads of one hundred tons of news print at $190 f o b Natural Dam New York area offered by the Aldrich Paper Co through John Norris. The auction drew about twenty observers with no other bids and the purchaser identified as C R Reimers of The Texas Telegram Fort Worth Texas. Norris called the result no clear market signal beyond indicating current local value.
MENTIONED IN THIS ARTICLE
American Newspaper Publishers’ Association
John Norris
Exchange
Vesey Street
Andrew J. McCormick
Aldrich Paper Company
New York
F. O. B. Natural Dam
N. Y
C. R. Reimers
Fort Worth
Tex
Texas Telegram
M. E. Foster
Texas Chronicle
Houston
Norris
Mr. Norris
Manufact
Atlanta Gosare Cece
Best & Belcher
el Paso
Leadville
Eal
Montgomery
Ot Lott
Montana Minande
Lg Bay
Clinton Gilbert
Wall Street
America
Liberty of Penne Bia
Am Exchange
Lincoln
Manhattan
Twelfth Ward
Germania
Greenwich
Washington Union
Hanover
West Side Imp & Trad
Yorkville Eerees
Irving Nat Ex
Jefferson O
Jackson Gas
Kan City
Lafay Gas
L & W Va
Bingham Gas Mutual
Buffalo Gas
Ohio & Ind
Pg&c
Paterson & P
Pitts Con
Denver Gas
St J
Gcm
Fort W
le & Tr
ING & O Ss
St Paul
Indianapolis
Georgia Rates Stand Ended By Pardee Dismissal Of Restrainin
United States Circuit Judge Pardee of Atlanta dissolved Judge Speer’s order barring railroads from raising Georgia freight rates. Railroads may implement new Ohio River rate increases in Georgia pending final hearing. Shippers including A. P. Morgan Grain Company filed a complaint with the Interstate Commerce Commission alleging rate hikes suppress competition and form a conspiracy.
MENTIONED IN THIS ARTICLE
Asheville
N. C
United States
Pardee
Atlanta
Emory Speer
Southern Railway
Louisville & Nashville
Georgia
Judge Speer
Southeastern
Washington
Interstate Commerce Commission
State of
A. P. Morgan Grain Company
Morse Proposition Discussed To Pay Bank Liabilities
Felix Frankfurter conferred with Deputy Currency Commissioner Thomas F. Kane on a plan by Assets Realization of Chicago and Charles W. Morse to fund the North America Bank receiver Charlie Hanna to settle remaining depositor liabilities. Kane said the plan likely will be rejected and affairs wound up by the receiver.
MENTIONED IN THIS ARTICLE
Washington
Felix Frankfurter
Thomas F. Kane
Assets Realization Company of Chicago
Charles W. Morse
Charlies A. Hanna
National Bank of North America
Kane
Eastman & Co Suspended After Chicago Arrest
Eastman & Co bankers and brokers suspended on the Consolidated Stock Exchange following the arrest of senior partner Robert E. Eastman in Chicago. Eastman removed books and movable assets, leaving the firm unable to estimate liabilities after halting most contracts two weeks earlier. Police found Eastman in possession bonds and certified checks totaling 54 000 dollars including 12 000 in government bonds and 77 000 in other bonds plus remaining checks.
MENTIONED IN THIS ARTICLE
Chicago
Robert E. Eastman
Eastman & Co
No. 38
Wall Street
Consolidated Stock Exchange
Eastman
New York
Atchison Topeka & Santa Fe Plans $17 Million Bond Issue
Arrangements completed with J P Morgan for a subsidiary bond issue of 17 million dollars secured by first mortgages on the Belen cut-off and Pecos Valley & Northeastern lines. Bonds guaranteed by AT&SF and offered at about 4 1 4 to 4 1 2 percent with preference over existing issues. The Atchison system shows extensive convertible bond authorizations and outstanding debt across 8283 miles of road.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway
J. P. Morgan & Co
Atchison System
Belen
Atchison
Pecos Valley & Northeastern
Atchison, Topeka & Santa Fe
Knickerbocker Trust Anticipates Fourth and Fifth Payments
Directors decided to advance the fourth and fifth 5 percent payments to depositors, to be paid August 20. The move, part of a resumption plan, accelerates the schedule from December 26 1898 and February 26 1909. Depositors will have received 30 percent of 79 percent of deposits by August 20, with 39 percent supported by surplus certificates at 4 percent interest. The certificates will be retired from net earnings and surplus, ensuring the surplus remains at least eight million dollars. The bank reopened March 28 and expects further anticipations, aiming to finish all instalments and discharge surplus certificates soon.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Company
Trust Company
London Underground Bonds Offer Amid Reorganization Plan
It is announced that under the London Underground Electric Railways Company reorganization Speyer Brothers Speyer Co Lazard Speyer Ellisson Teixeira de Mattos Brothers invite holders of shares and secured notes to subscribe to 5 000 twelve year 5 percent prior lien bonds at 93. Ten percent due on application and the rest on August 13.
MENTIONED IN THIS ARTICLE
Underground Electric Railways Company
London
Speyer Brothers
Speyer & Co
New York
Lazard, Speyer-Ellisson
Frankfort-on- Main
Teixeira de Mattos Brothers
Amsterdam
New York Central Lines Reports June Earnings
June results show a smaller drop in gross and net for the New York Central system, despite overall losses. The group, including eleven companies, posted a gross loss of 1 414 393 and a net loss of 387 910 in June, with six month totals of 14 183 514 gross and 3 326 514 net.
MENTIONED IN THIS ARTICLE
New York Central
Buffalo
Rochester & Pittsburg
Iowa Central
International & Great Northern
Louisville & Nashville
Eakr
ST. Louis
Chicago & Alton
New York Central System
Interstate Commerce Commission
Hudson River
Lake Shore & Michigan Southern
Lake Erie & Western
Ieee
Chicago
Indiana & Southern
Alleccessee
Inc
Ensaenes
New York
Michigan Central
Cleveland
Cincinnati
Chicago & ST. Louis
Peoria & Eastern
Cincinnati Northern
Tianan
Pittsburg
Lake Erie
Grose
Cor
Rutland
Vernet Reports In London On Chicago Great Western
H A Vernet, English debenture holder representative, left St Paul for New York to return to London after consulting with receivers. He met with H G Burt who is examining the road’s properties. no opinion was given. Debenture holders await Burt’s report before acting while London bankers monitor events.
MENTIONED IN THIS ARTICLE
St. Paul
H. A. Vernet
Chicago Great Western Railway
St Paul
New York
London
A. B. Stickney
Vernet
H. G. Burt
Burt
Suspicion Over State Transfer Tax Stamp Revisions
Brokers discuss recent design changes to state transfer tax stamps amid rumors of a conspiracy to defraud the Treasury by washing stamps. The new stamps carry fugitive ink that runs in water, supposedly blocking forgery, while Empire Trust Company, the state's stamp agent, reports no word of any conspiracy.
MENTIONED IN THIS ARTICLE
Agaiy Ilegally
Empire Trust Company
Rhode Island Cotton Men Hopeful
Providence reports leading cotton manufacturers in the state agree no concerted curtailment of production or wage cuts are planned. They express disappointment in business conditions but expect a trade upturn through normal supply and demand channels. The United States Cotton Company of Central Falls has announced a cut down, but this is not seen as indicating broader actions.
MENTIONED IN THIS ARTICLE
Rhode Island
Providence
United States Cotton Company
Central Falls
Receiver appointed for Bultman Company in Cincinnati
William R. Thrall was appointed receiver for the Charlies E. Bultman Company which recently absorbed Moorehead & Co. Estimated liabilities range from 100000 to 600000 with assets below 100. The firm was the last large brokerage house to quit after bucketshop indictments.
MENTIONED IN THIS ARTICLE
Cincinnati
William R. Thrall
Charlies E. Bultman Company
Moorehead & Co
Bultman Company
No Foundation for Pennsylvnia Railroad Executive Shakeup
Report of general changes in the executive force is denied by the Pennsylvania Railroad offices in Philadelphia. President McCrea’s resignation is called ridiculous. Any changes would require a board meeting, not scheduled until September, with most directors away from the city.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Railroad
McCrea
Railroad adds crews on Chau tauqua division and Allegheny Valley
Increased tonnage from the Pittsburg district necessitated ten more freight crews on the Chau tauqua division of the Pennsylvania Railroad. The Allegheny Valley division added crews between Ol City and Kiskiminetas Junction.
MENTIONED IN THIS ARTICLE
Ol City
Penn
Pittsburg
Chautauqua
Pennsylvania Railroad
Allegheny Valley Division
Kiskiminetas Junction
Morgan plan not new in Richmond borough
Seuis L Tribus commissioner of public works in the Borough of Richmond said last night that a portion of J Pierpont Morgan Jr suggestion on street repair reforms was not new He noted sending notices of intention to repair streets so trenching companies may alter mains during work as practised in London had been done in Richmond for more than six years
Union Bank Names New Directors as Reopens Next Week
The Union Bank of Brooklyn formerly Mechanics and Traders announces new directors led by Bridge Commissioner Stevenson and Nathaniel H. Levi while five January directors remain. The board is reduced to twenty and the bank plans to reopen next week at 44 Court Street as Union Bank of Brooklyn.
MENTIONED IN THIS ARTICLE
Union Bank
Mechanics and Traders
Stevenson
Nathaniel H. Levi
Broadway
Brooklyn
New York Leather Belting Company
Thomas J. O’donohue
William H. Lynn
E. J. Stalker
Chase National Bank
William H. English
Empire Trust Company
Cc. E. Donnellon
Chauncey Real Estate Company
G. J. Harding
E. A. Fitter
Paul Grout
Edward M. Grout
Henry Albers
Barth
Gronin
W. F. Corwith
William Strasser
Charles Straus
Reorganized Bank
Metropolitan Bank
Clark Williams
State Banks
Union Bank of Brooklyn
Union Branch
Court Street
Lloyds Insurance Confidence Amid Reports of Embarrassment
Local insurers dismissed fears about Lloyds of London amid reports that some underwriters faced heavy fire losses. They noted no home office news and stressed that each member is liable only for their share, while aiding groups would help if needed.
MENTIONED IN THIS ARTICLE
London Lloyds
British Association
Lloyds
London
Heavy iron market activity boosts July pig iron output
The Iron Age reports July pig iron production at 1,217,897 gross tons, up from June’s 1,092,131, with furnace capacity rising and daily output at 39,287 tons. The Iron Trade Review notes strong demand from cast iron pipe interests, including a 30,000 ton Southern iron purchase and a 15,000 ton order from a New York State pipe concern, lifting prices though not justifying further increases.
MENTIONED IN THIS ARTICLE
New York State
Southern Iron
Birmingham
South
Standard Sanitary and Manufacturing Company
Louisville
Southern
Uct
Bessemer
Valley
Lake Superior
M. A. Hanna & Co
Baltimore & Ohio
Auctions Report From Exchange Salesroom
The record lists yesterday sales by Adrian H Muller & Son for executors. It includes Cuba Railroad Company preferred stock transfers totaling 199 shares plus 100 and 30 percent lots, and other small lots. Also noted are mortgage bonds from Standard Rope Twine Company and various railroad company bonds with due dates in 1913.
MENTIONED IN THIS ARTICLE
Exchange
Adrian H. Muller & Son
Cuba Railroad Company
Johnstown
Gloversville
Kingsboro Horse Railroad Company
Jonestown
Gloversville Railway
Meeting of stockholders for CHICAGO MILWAUKEE & ST PAUL Ry
The meeting of stockholders to elect directors and transact business will be held at the company offices in Milwaukee at 13 o clock noon on Saturday September 18 1905. Transfer books close August 19 1908 and reopen September 71 1906 with Roswell Miller as chairman.
MENTIONED IN THIS ARTICLE
Wall Streat
New York
Pfess
Mercaatile Trust Co
National Railroad Company OF Mexico
Ferrocarriles Nacionales de Mexico
National Railways of Mexico
Mercantile Trust Co
Broadway
Kohn, Loeb & Co
Ladenburg, Thalmann Speyer Brothers
New York City
A. W. Zimmermann
Norfolk and Western Railway Eee
Os Folk and Western Railway Company
Roanoke
Virginia
Belt Line and Connecting Way Company
Pocahontas and Western Railroad Company
Big Sam!r. East Lynn and Guyan
Caretta Railway Company
West Virginia Southwestern Railway
Big Stony
Board of
EB Halden
Chicago
Milwauhef & ST. Paul Railway Company
New Yorks
Milwaukee
Roswell Miller
Proposals for Army Sea Wall and Crib Wall at Fort Mason
Sealed proposals in triplicate will be received for sea wall crib wall transport wharves and sheds for the new Army Supply Depot at Fort Mason San Francisco. Drawings by Rankin Kei Crane. Certified check $2500 due with drawings. Proposals to be opened Aug 2 1908 by Park Board New York.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Fort Mason
Army
Quartermaster's Department
U. S A
Rankin, Kei & Crane
Walnut St
Philadelphia
New York
N. Y
Department of the Lakes
Chio
United State
Army Fe
McKie
Department OF Parks
Arsenal Building
Fifth Avenue
Sixty-fourth Street
Borough of Manhattan
City of New York
Park Board
Department of Paris
New York Bic
Aster
Lenen
Western market cattle and hogs fluctuate across cities
Chicago receipts estimate 14 000 cattle with a market 1 1/2 lower. Geavoolees reports 22 000 head steady with prime steers around 3 50 to 3 90. Buffalo shows steady cattle and higher lambs while Hogs are slow and lower. Kansas City notes steady cattle with calves and mixed hog trends.
MENTIONED IN THIS ARTICLE
Chicago
Ieee Buffalo
Aus
Kansas City
Texas
Pittsburg
Ems Wethers
Also Mentioned on This Page
Valley Stream
Amityville
L. I
International Finance Company
Northwest
Publishers’ Association
Urer
Speer
Morse
Bank of North America
Transit For
the Metropolitan District
Nassau St
City Hall Park
Brooklyn Bridge
Subway
Knickerbocker Trust Co
London Underground
NEW York Central Lines
M’crea
Union Bank Directors
Consolidated Exchange Sales
Amal Copper
Am Car & Feary
Am Cetron
Lee
Am Locomotive
Sita
Sealaos
Eali & Ohio Neecee Slie
Brooklyn RT
Canadian Pacific
Central Leather
Ches & Ohio
Chicago M & St
Colorado Fuel
Colorado & So
Gt Northern
Louis & Nash
Lins
Mo Kan & Tex
Missouri Pacific
Central Assoe
Ont & W
Northern Pacific
Pacific Mail
Penn R
People’s Ga
Republic Saas
Rock Island
Southern Pacific
St My
Texas & Pacif SN
Union Pacific
Utah
Ferry Companies
Tyn Ferry
Iron Trade Review
Ebe Bashford
American Tobacco Company
Tedesco Com
J. Ww. Trease
Wells, Fargo & Company
Whitehall Street
New
Newark
U. S. Army
WM. & Patten
State Street
New St
John M. Thom
Ian Poconengcea
Ohio
Hall & Laon Company
Nassau Trest” Company
Colorado Springs ‘Electric
Telegraph
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!