Monopoly bid challenge halts 73 inch water pipe contract
Justice Goff ordered show cause against Commissioner O Brien and others over a water main project from Weller Stream to Amityville. The case cites alleged lockbar pipe monopoly by T A Gillespie and East Jersey Pipe, claims bids were arranged to favor one supplier, and questions the low bid from Gillespie versus Cooper Evans Bryson.
MENTIONED IN THIS ARTICLE
Goff
O'Brien
Department of Water Survlvas
Weller Stream
Amityville
Long Island
T. A. Gillespie Company
Cooper-Evans-Bryson Company
Qwils Holly
West Ge
Brooklyn
Waite & Foster
Park Board
Grant and
Gilroy
Jersey Pipe Company
Gillespie Company
Mr. Holly
Meehan Ferguson
Carnegie Steel Company
T A. Gillespie Company
East Jersey Pipe Company
Holly
T. A Gillespie Company
T. A. Gillespie
Gaia
Mpany
Ecole
Gillespie
East Jersey
Frank F. Vandevort
T. H. Gillespie
O Brien
Evans-Bryson Company
Suit Filed Against John Mulholland for Fraud and Property Misuse
A suit in equity filed in the U S district court alleges John Mulholland fraudulently diverted 490 000 of the International Finance and Development Company to purchase 435 acres in Hardin County Illinois for a fluor spar mine The complaint contends Mulholland exploited a bankruptcy settlement to continue business while harming creditors The receivers seek restoration of the Fairview Fluorspar and Lead Company to the receivership and nullification of the land conveyance to protect creditors and stockholders.
MENTIONED IN THIS ARTICLE
Tribune
Danville
Ill
United States
John Mulholland
Mulholland
International Finance and Development Company
Park Row
New York City
John C. Tirich
Harry
Joslyn
Delaware
Fairview Fluor- Spar and Lead Company
Equity
New York
Hardin County
Iil
Fluorsnar
Feirview Fluerspar
High Record Wheat Advance Hits Market Peaks
Wheat prices surged with September at 105 percent and December at 107 percent in trading. May 20 at 119 percent reflected strong Liverpool cables and Chicago spring-wheat outlooks in the Northwest. Export shipments slowed while the day’s gains were modest on the Produce Exchange. Analysts estimate a total U S wheat crop near 644 million bushels based on historic yields and state contributions.
MENTIONED IN THIS ARTICLE
Liverpool
Chicago
One Bidder Sells Five Carloads of News Print in New York
John Norris and the American Newspaper Publishers Association failed to spark demand for fifty tons of news print, offered at f o b Natural Dam. A single bidder, C. R. Reimers of The Texas Telegram, bought the first two loads, then M. E. Foster of The Texas Chronicle secured the remaining three. Norris bought the stock from the manufacturer and called the result mainly a market value indicator.
MENTIONED IN THIS ARTICLE
American Newspaper Publishers’ Association
John Norris
Exchange
Vesey Street
Andrew J. McCormick
Aldrich Paper Company
New York
N. Y
C. R. Reimers
Fort Worth
Tex
Texas Telegram
Mr. Norris
Georgia Rates Stand Upheld Preliminary Rail Rate Move
United States Circuit Judge Pardee dissolved Judge Speer’s order blocking new Georgia freight rates. Railroads may apply the Ohio River rate increase in Georgia pending final hearing. Shipowners filed a separate ICC complaint accusing rate hikes of stifling competition and conspiracy. defendants receive 20 days to respond.
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
Conference on Morse Proposition in Bank Liquidation
Felix Frankfurter met with Deputy Currency Commissioner Thomas P. Kane to discuss a plan by the Assets Realization Company of Chicago and Charles W. Morse to fund the National Bank of North America through its receiver Charles A. Hanna. The aim is to pay remaining depositor liabilities and arrange a stockholder meeting to select an agent for final asset transfer. Kane expects the proposal to be rejected and liquidation to proceed through the receiver.
MENTIONED IN THIS ARTICLE
Washington
Felix Frankfurter
Thomas P. Kane
Assets Realization Company of Chicago
Charles W. Morse
Charles A. Hanna
National Bank of North America
Kane
Eastman & Co Suspend After Chicago Arrest
Eastman & Co bankers and brokers suspend operation on the Consolidated Stock Exchange after the arrest of senior partner Robert E. Eastman in Chicago. Eastman reportedly removed books and movable assets from No 38 Wall Street, making liability estimates unavailable. Police found bonds and certified checks totaling 54 000 in his possession, including government and other bonds.
MENTIONED IN THIS ARTICLE
Chicago
Robert E. Eastman
Eastman & Co
No. 38
Wall Street
Consolidated Stock Exchange
Eastman
New York
Atchison Bonds Arranged With Morgan for 17 Million Issue
Arrangements with J P Morgan for a 17 million dollar bond issue by an Atchison subsidiary. First mortgage security on the Belen cut‑off and Pecos Valley line. Bonds guaranteed by Atchison and priced around 3 to 3 3 4 percent. Outstanding bonded debt totals over 8 thousand miles of road.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway
J. P. Morgen & Co
Atchison System
Belen
Atchison
Pecos Valley & Northeastern
Atchison, Topeka & Santa Fe
Knickerbocker Trust Plans Early Payment Schedule
Directors announced anticipation of the fourth and fifth 5 percent deposits to be paid on August 20, reducing wait time for depositors under the resumption plan. Earlier instalments were brought forward, with 30 percent of deposits already received by August 2, while 39 percent remain covered by 4 percent surplus certificates to be retired from net earnings, ensuring the company remains above eight million dollars in surplus.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Company
Trust Company
London Underground Bonds Offer Under Reorganization Plan
It was announced that under the London Underground Electric Railways plan Speyer Brothers Speyer & Co Lazard Speyer Ellisson and Teixeira de Mattos Brothers offer holders of shares and profit sharing secured notes 5000 twelve year 5 percent prior lien bonds at 93 for subscription. Ten percent of the price is payable on application with the remainder due on August 18 and the subscription closes by August 6.
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
The New York Central system shows a smaller quarterly decline in June with a gross loss of 1 414 393 and net loss of 387 910. For six months, the total gross loss reaches 14 183 514 and net loss 3 326 514, despite expense reductions across eleven companies.
MENTIONED IN THIS ARTICLE
New York Central
New York Central System
Interstate Commerce Commission
Hudson River
Southern
Lake Shore & Michigan
Lake Erie & Western
Chicago
Indiana & Southern
Inc
New York
ST. Louis
Michigan Central
Cleveland
Cincinnati
Peoria
Lake Erie
Pittsburg
Rutland
Vernet to Report in London on Chicago Great Western
H A Vernet rep resents English debenture holders in the Chicago Great Western Railway. He visited St Paul to consult with receivers and review the road’s condition with expert H G Burt. Vernet left for New York en route to London. Burt’s report is awaited.
MENTIONED IN THIS ARTICLE
St. Paul
H. A. Vernet
Chicago Great Western Railway
New York
London
A. B. Stickney
Vernet
H. G. Burt
Burt
Suspicion about Transfer Stamps Designs
Brokers discussed recent changes to state transfer tax stamps and a possible conspiracy to defraud the Treasury by washing stamps. Some noted fugitive ink on value figures to prevent washing, while Empire Trust Company officials denied any such conspiracy at their office as state agent for stamp sales.
MENTIONED IN THIS ARTICLE
Empire Trust Company
Rhode Island Cotton Men Hopeful
Leading cotton manufacturers in Rhode Island agree there is no current plan to curtail production or cut wages. They remain disappointed by business conditions but expect a trade upturn through normal supply and demand. The United States Cotton Company of Central Falls announced a cut in production, but others did not view it as a trend.
MENTIONED IN THIS ARTICLE
Rhode Island
Providence
United States Cotton Company
Central Falls
Castron
Southern Iron
New York State
Birmingham
South
Standard Sanitary and Manufacturing Company
Louisville
Southern
Uct
Tron
Bessemer
Valley
Lake Superior
M. A. Hanna & Co
Baltimore & Ohio
Receiver Appointed for Bultman Company Brokerage Firm
William R. Thrall was named receiver for the Charles E. Bultman Company in Cincinnati. The firm recently absorbed Moorehead & Co and faces estimated liabilities of about 100000 to 300000 with assets under 100000. This follows a wave of failures after a bucketshop indictment.
MENTIONED IN THIS ARTICLE
Cincinnati
William R. Thrall
Charles E. Bultman Company
Moorehead & Co
Bultman Company
McCrea Resignation Report Declared Groundless
Philadelphia August 5 at the Pennsylvania Railroad offices officials said there is no foundation for reports of general executive changes and that President McCrea’s resignation is ridiculous. Any board actions would require a directors meeting, none is scheduled before September with most directors away from the city.
MENTIONED IN THIS ARTICLE
M’crea
Philadelphia
Pennsylvania Railroad
McCrea
Increased freight crews on Pennsylvania lines prompt service changes
Oil City reports ten more freight crews added to the Chau tauqua division of the Pennsylvania Railroad due to higher tonnage from the Pittsburg district. The Allegheny Valley division adds crews between Oil City and Kiskiminetas Junction as part of the new schedule. Louis L. Tribus says Morgan Jr.'s street repair ideas echo existing Richmond practices and could work here.
MENTIONED IN THIS ARTICLE
Oil City
Penn
Pittsburg
Chautauqua
Pennsylvania Railroad
Allegheny Valley Division
Kiskiminetas Junction
Union Bank Names New Directors as Reopens Next Week
The Union Bank of Brooklyn announces new directors including Bridge Commissioner Stevenson Nathaniel H Levi and ex Representative Frank L Wilson from the Mechanics and Traders era. Five January directors will stay. old board members remain. the bank plans to reopen at 44 Court Street under the new name 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
C. E. Donnellon
Chauncey Real Estate Company
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 Fears Dismissed By Local Agents
Local insurance men assured the public no cause for anxiety over Lloyds of London amid reports of embarrassment among some underwriters. The structure includes over six hundred members each paying 25000 and forming groups with shared liability. One group faced heavy fire losses, but aid from other groups is deemed likely if needed.
MENTIONED IN THIS ARTICLE
London Lloyds
British Association
Lloyds
London
Heavy pig iron buying lifts July production in Iron Age report
The Iron Age notes July pig iron output rose to 1,217,897 gross tons from June’s 1,092,131, with 161 furnaces active at month start. July daily production averaged 39,287 tons, while steel works similar gains narrowed by July.
Auction of Cuba Railroad Company preferred shares
The sale lists numerous Cuba Railroad Company preferred shares sold yesterday at the exchange salesroom by Adrian H H Muller and Son by order of executors including 100 10 100 39 percent and 30 percent lots. The record also shows bonded issues from the Standard Rope and Twine Company and various local railways and banks with maturities ranging from 1882 to 1913. The details reflect a broad liquidation of state and local securities tied to Johnstown Gloversville and Kingsboro areas.
MENTIONED IN THIS ARTICLE
Exchange
Adrian HH. Muller & Son
Cuba Railroad Company
State Bank
Johnstown
Gloversville
Kingsbor
Horse Railroad Company
Ponda
Dividend Notices for Watsomal Railroad Company of Mexico
Assistant Secretary Ebe Bashfort announces dividend notices for the Watsomal Railroad Company of Mexico. The notice outlines payment details and eligibility for shareholders.
MENTIONED IN THIS ARTICLE
Watsomal Railroad Company OF Mexico
Ebe Bashfort
Annual Stockholders Meeting Notice for Milwaukee Road
SS Chicago Milwaukee & St Paul Railway Company schedules its annual meeting of stockholders at 13 o clock noon on Saturday September 19 1908 in Milwaukee for director elections and other business. Transfer books close September 19 1908 and reopen September 21 1908. Roswell Miller chairman announces.
MENTIONED IN THIS ARTICLE
Wall Street
New York
C . 2Ee
Broadway
New York City
A. W. Zimmermann
Norfolk and Western Railway
Norfolk and Western Railway Company
Roanoke
Virginia
Thers Belt Line and Connecting Railway Company
Pocahontas and Western Railroad Company
Big Santy, East Lynn and Guyan Railroad Company
Caretta Railway Company
West Virginia Southwestern Railway
Big Stony Railway Company
EB H Alden
Chicago
Milwauker & 8St. Paul Railway Company
Milwaukee
Septer
Roswell Miller
Proposals for Army Fort Mason Sea Wall and Depots
Sealed proposals and bids are requested for construction work in New York and Philadelphia areas including sea wall crib wall transport wharves sheds and exterior approach work for the New York Public Library site. Specifications and drawings available from Rankin Kel Crane Architects and depot quarters offices with a $250 certified check. Bids due August 2 1908.
MENTIONED IN THIS ARTICLE
Fort Mason
San Francisco
Cal
Quartermaster’s Department
Y Rankin, Kel & Crane
Walnut St
Philadelphia
Depot Quartermaster
New York
M. Y
Department of the Lakes
Chicago
United States
Army
George McK
Whitehall Street
New City
Hia
Department
U. S. Army
Col WM. & Patten
Fragmented 1808 stock list with bonds and shares
A garbled 1808 record shows stock holdings and bonds from Tet Bestallis Smalting Refining Company Western Railway Company mortgage bonds 4 percent United States bonds 60 percent Nassau Trust Company equity and other line items. Names like John M Thompson Co Dayton National Bank Hall & Loon appear amid misread figures and place fragments.
MENTIONED IN THIS ARTICLE
Tet-Bestallis
Smalting Refining Company
Western Railway Company
Capes Acaciad
John M. Thompson & Co
Dayton National Bank
Dayton
Peert Conics Et Ae Arigona
Texas and Pacific Coal Company
Guapo
Anmiamane
United
Cleveland
Nassau Trust” Company of
Brooklyn
Cane Amare
Colorado Springs ‘Electric
Sauger
Hall & Loon Company
CATTLE AND LIVESTOCK MARKETS ACROSS MULTIPLE CITIES
Telegraph market rundown tracks cattle receipts and prices across Chicago Buffalo Kansas City and Pittsburg with figures for cattle hogs and sheep. Markets show varied shifts from steady to lower prices with noted headline ranges for heifers spring cattle and lambs and listed weekly receipts in thousands.
MENTIONED IN THIS ARTICLE
Chicago
Buffalo
Kansas City
Wenez
Texas
Pittsburg
Also Mentioned on This Page
Valley Stream
L. I
International Finance Company
Northwest
Publishers’ Association
Speer
Morse
Bank of North America
The
Centre of Transit
the Metropolitan District
Nassau St
City Hall Park
Brooklyn Bridge
Subway
Knickerbocker Trust Co
London Underground
NEW York Central Lines
Union Bank Directors
Consolidated Exchange Sales
Balt & Ohio
Canadian Pacific
Ches & Ohio Secess
Chicago M & St P
Colorado
Colorado & South
Erte
Louis & Nash
Moran & Tex
Missouri Pacific
Central
Ont & W
Northern Pacific
Pacific
Bos
Texas & Pacifi
Union Pacific
US Steel
Utah Copper
Wabash
Bale
Atlanta Decree Oe
Cal & Va
Comstock
Gold Bar
Leadville
Montgomery
Montana
Ontario
Portland
Red Hill
Clinton Gilbert
Liberty
America
Lincoln
Jones
Am Exchange
Manhattan Co
Tna National
Market & Ful
Bronx Borough
Battery Park
Mechanics” Metropolis
Bowery
German Exch
Germania
Union Exchan
Greenwich
Hanover
West
Ssecce Imp & Trad
Yorkville
Irving Nat
Jefferson Esse New York
Jackson Gas
Kan City
Ralt
Lafay Gas
L & W Va
Bingham G
Mad
Gs A . Co
Buffalo Gas
Mutual
Ohio & Ind
Paterson & P G
Pitts
Denver
St J Gas
St P Gem
Fort West St
St & Tr
ING & O
St Paul Gas
Ferry Companies
Br Tyn Ferry
Union Ferry
Nyg&eru
Iron Trade Review
Rochester & Pittsburg
Iowa Central
International
Great Northern
Minneapolis & ST. Louis
Miles Sane
Chicago & Alton
Moasment and Union
Mexican Central Railway CO
National Railroad GO. OF
Mexico
Mercantile Trust Co
National Railroad Company OF Mexico
Ferrocarriles Nacionales de Mexico
National Railways of Mexico
Kuhn, Loeb & Co
Ladenburg, Thalmann & Co
American Tobacco Company
Fifth Avenue
American Tobacco Com
Ne of
Durese
J. M@ a ‘Treaser
Wells, Fargo & Company
Department OF Parks
Arsenal Building
Sixty-fourth Street
Borough of Manhattan
City
Pama Rail Road Company
State Street
F. GO Nordlink
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!