Worsed Scheme Fails as Bank Offer Is Refused
Hanna receiver for the National Week of North America reports the Assets Realization Company offer to pay depositors and liquidate the bank is rejected by Morse and dissenting stockholders. The controller of the currency is urged to pursue legal liquidation and return assets to creditors under law.
MENTIONED IN THIS ARTICLE
Morseyorough
Hanna
Realization Comme
National Bank ‘America
Assets Realization Company
Assets
United States
Bellot
Guick
Juidzaion
Thertty
Tr.s
Realization Com. Pty
M. Hanne
NIST Withdraws From State Guaranty Agreement
Acting Controller Wethington informs Oklahoma national banks that entering into any guaranty deposit agreement is illegal under Section 1 of the Oklahoma statutes. The AG cites potential charter forfeiture for banks persisting in such arrangements and notes banks already withdrawing and notifying the Conciler’s Office.
MENTIONED IN THIS ARTICLE
Wethington
Auge
Gurexcy
Kane
Mths
Oklahoma
Con-ciler
Ofice
Independent Telephone Troubles Rise In Eight Year Collapse
Independent telephone companies admit that promised rates and plans have failed to yield profits or cover plant costs. The movement nationwide shows a general collapse in the sector over the past ten to fifteen months, despite assurances given during organization and treatment.
MENTIONED IN THIS ARTICLE
Coun SF
Stock Exchange seat transfer tied to failed firm case
The Stock Exchange moved to transfer the seat of John M. Knapp a director of Coster, ws & Co after the firm failed last April. Ken Coster the senior member died by suicide. The governing committee expelled Knapp as ineligible for reinstatement and ordered the seat forfeited in an unusual proceeding linked to the firm's collapse.
MENTIONED IN THIS ARTICLE
Ott Stock Exchange
John M. Knapp
Coster
ws &@ Co
Ken Coster
Con
Knapp Dentere
Ntne Ure
Banks Are Prosperous in National Report
Washington August 8 official data from the Controller of the Currency shows national bank deposits rising by 61.89 million in two months. Loans and discounts increased 87.33 million, total resources up 119.44 million, and capital stock up 6.74 million, marking some of the largest two month gains in department history.
MENTIONED IN THIS ARTICLE
Washington
Controller's Office
Treasury Department
Department
Savings banks gain in state wide report
State Superintendent Clark Williams released figures on savings banks showing total resources at 1.516 billion on July 1, up 25.7 million from last year. Due depositors fell to 1.378 billion, open accounts near 2.72 million, deposits declined 35.4 million, withdrawals rose 41.0 million, and interest paid increased 1.47 million.
MENTIONED IN THIS ARTICLE
Albany
Clark Williams
State Banking Department Today
Central's Tax Paid On High Earnings By New York Central
Albany August eighth New York Central and Hudson River Railroad Company paid a annual corporation tax of one fifth of one percent totaling 141652. The tax reflects gross earnings above 76000000 for the last year and is due August first but often paid months later.
MENTIONED IN THIS ARTICLE
Albany
New York Central & Hudson River Railroad Company
the Central
Chicago
Pillsbury-Washburn Company
C. A. Pillsbury
Washburn
Fall River Mills Begin Broad Curtailment
In Fall River Massachusetts a large wave of mill curtailment starts today. Durfee Union Stafford and Cornell mills close now with possible Monday resume. Border City Mechanics Seaconner American Linen hold a week long shutdown. Flint, Wampa noag Pocasset Merchants and Chace mills plan next week closures.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Durfee
Union
Stafford
Cornell
Border City, Mechanics, Seaconner
American Linen Company
Flint
Wampanoag, Pocasset and Merchants
Chace
Morgan Buys Atchison Bonds In 17 Million Purchase
The Atchison Topeka and Santa Fe Railway sells 17,060,090 of its Transcontinental Short Line first mortgage fifty year 4 per cent gold bonds to J P Morgan and Co The issue totals 36 million with 270 miles of the Belen Cut off Pecos Valley line included and a public offer anticipated soon.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway Company
Tribune
J. P. Morgan & Co
Belen
Texico
Rio Puerto
N. M
Atchison
Pacific Coast
Pecos Valley
Pecos
Amarillo
Pillsbury-Washburn Flour Mills Receivers Appointed
Stockholders petitioned the federal district court to appoint receivers for the Pillsbury Washburn Flour Mills Company. C. S. Pillsbury, A. C. Loring, and A. C. Cobb named to run the business with a $500000 bond. Petitions show no opposition and aim to protect creditors and shareholders during reorganization.
MENTIONED IN THIS ARTICLE
Minneapolis
Pillsbury- Washburn Flour Mills Company
Federal District Court
C. S. Pillsbury
Charlies A. Pillsbury
A. C. Loring
Northwestern Consolidated Milling Company
A. C. Cobb
Northwestern National Bank
First National
Pillsbury-Washburn Company
Pillsbury-Washburn Flour Mills Company, Limited
Pillsbury “A
Palisade and Anchor
Lincoln
Anoka
John Miles Pioneer Merchant of New York Chicago Firm
John Miles, a leading wholesale millinery dealer at Broadway and East Houston, built a vast empire from a $50 start in Spring Street. The article lauds his philanthropy, worker welfare, and cash-based business model while noting Pillsbury-Washburn’s capital, earnings, and pending receivership amid flour-mill failures.
MENTIONED IN THIS ARTICLE
Judge Taft
Johny Miles
Broadway
Roosevelt
Taft
Miles
Sea
New York
John Miles
East
Houston Street
Spring Street
Ireland
Colorado
National Association of Customs Brokers Incorporated
The certificate of incorporation was approved yesterday by Justice Goff of the Supreme Court. The new organization aims to elevate standards among custom house brokers and foster integrity in dealings with the government and clients. It will also aid in ensuring compliance with US import export laws while protecting importers and brokers alike.
MENTIONED IN THIS ARTICLE
National Association of Customs Brokers
Justice Goff
Supreme Court
Custom House
Customs
United States
S P C A July death record shows rising animal killings
The S P C A reports 27 587 small animals killed in July amid claims of rabies panic. Health officials counter by noting police shot dogs during patrols. figures compare to 1893 1895 totals and indicate rising yearly destruction despite humane aims.
MENTIONED IN THIS ARTICLE
Society For the Prevention of Cruelty
William K. Horton
Board of Health
J. C. Fendt
Walter Bensel
Aid of Health
Bensel
Horton
Cloakmakers Threaten Strike Over Wages
The Brotherhood of Cloakmakers executive committee met at Metropolitan Palace Hall to review union reports and prepare a wage-demand plan. They plan to submit demands early next week with a ten day ultimatum, threatening a general strike of about thirty thousand cloakmakers if unmet.
MENTIONED IN THIS ARTICLE
The
Brotherhood of Cloakmakers
Metropolitan Palace Hall
East 4Th Street
Herman Grossman
Miss Helen Gould Harassed by Crank at Kingston Station
Miss Helen M. Gould was followed by two cranks during a Kingston transit pass through Irvington to Roxbury Delaware County. Her chauffeur drove one away from Roxbury station, and authorities suspect the man sought financial help.
MENTIONED IN THIS ARTICLE
Crank
Helen Gould
Kingston
N. Y
Helen M. Gould
Irvington-on-the-Hudson
Roxbury
Delaware County
Gould
Trade Board shows large declines in imports and exports
The July Board of Trade statement records a 27,173,500 dollar drop in imports and a 33,783,000 dollar fall in exports. Major import declines include grain and flour 16,000,000 and raw materials 12,500,600, while exports fall mainly in manufactured goods with wool and cotton fabrics down 17,500,000.
MENTIONED IN THIS ARTICLE
London
Board of Trade
Hamakua Ditch Bonds Floated in London for 7500
Honolulu reports that Hamakua Ditch bonds worth 7500 dollars have been floated in London. Advices from London indicate the issue is now circulating there for investors and potential buyers.
MENTIONED IN THIS ARTICLE
Honolulu
London
Great Northern ore men in strike at Allouez
Great Northern ore loaders strike over pay after quitting work at Allouez. If allied with CG ore operations, a broader tie up in the Great Northern ore business may follow. Also reports Milwaukee forms National Travellers Association to push fair transport rates and accommodations. Navy plans wireless station at Prince William Sound Alaska linking Fort Gibbon and North Head stations.
MENTIONED IN THIS ARTICLE
Great Northern
Superior, Wis
Aug
Allouez
C. B
Travellers’ Association
Milwaukee
National
Travellers’ Association of America
NAVY
Alaska
Washington
Prince William Sound
Navy Department
Fort Gibbon
Naval Wireless Station
North Head
Pacific
Alaska Station
Alaska Military Wireless Telegraph
Bookbinders Strike After Nine Hour Agreement
Corlies Macy & Co on Pearl Street informed workers last fall that the nine hour workday would apply from August 3. The International Brotherhood of Bookbinders vows full union resources to win, as members strike again to protest the change.
MENTIONED IN THIS ARTICLE
Corlies, Macy & Co
Pearl Street
Glockling
International Brotherhood of Bookbinders
International Union
Clarification on Stepney Spare Wheel Company Status
A letter to the editor explains that a New York report about a receiver for the Stepney Spare Wheel Agency is inaccurate for the American Stepney Spare Wheel Company. It outlines the two distinct entities formed in 1908 by different partners, asserts the American company’s independent capitalization, distribution role, and lack of liens or judgments, and requests a clarifying notice.
MENTIONED IN THIS ARTICLE
The
Tribune
New York Tribune
Stepney Spare Wheel Agency
American Stepney Spare Wheel Company
New York
Stepney
Messrs
John C. Riley
Stephen A. MacMahon
Chicago
L. Walter Lissberger
Complete Fitting of Residences Clubs and Hotels
Batiste and Lace Jabots feature in a fashion notes item detailing complete fittings for residences clubs hotels. The report highlights tailored accessories and design details shaping interiors and attire for elite settings.
Warrant For N G N J Officer Freeman Arrest Warrant
A warrant was issued in South Orange New Jersey for Colonel Henry W. Freeman of the 1st Regiment on a grand larceny charge. The indictment in New York County, dated September 2%, 196, cites Freeman and Frederick L. Small for misappropriating 2675 entrusted by a Brooklyn client for stock purchases. Freeman denies knowledge of the indictment, citing past stock brokerage failure and creditor concerns.
MENTIONED IN THIS ARTICLE
South Orange
N. J
Henry W. Freeman
Cregan
New York
New York County
Freeman
Frederick L. Small
Freeman & Small
Brooklyn
Colonel Freeman
Mr. Small
Naval Reserves Begin Two Week Cruise With Manoeuvres
The Prairie and Portsmouth trains sailed with the 24 Naval Battalion of Brooklyn and the 34 Separate Division of Buffalo on a two weeks cruise. They will join naval manoeuvres in Gardiner's Bay starting tomorrow while the New Jersey Naval Reserves remain at Hoboken. The Manhattan Battalion ships separately on the Wasp during summer operations.
MENTIONED IN THIS ARTICLE
Prairie
Portsmouth
Brooklyn
Buffalo
New Jersey
Gardiner’s Bay
Tompkinsville
Jersey
Hoboken
1St
Manhattan
Wasp
Repairing Noisy Brooklyn Cars
S W Huff president of the Coney Island & Brooklyn Railroad Co says the firm is reducing traffic noise. Motor and track equipment have been overhauled and are kept in good condition. Car bodies are being renovated, with focus on mitigating sounds along the Franklin avenue tracks.
MENTIONED IN THIS ARTICLE
Public Service Commission
S. W. Huff
Coney Island & Brooklyn Railroad Company
Huff
Franklin Avenue
Bankers to Ride in Luxurious Train to Denver Convention
Eastern representatives of the American Bankers Association will travel to the Denver convention aboard an electric lit Pullman train. The schedule runs from September 3 leaving Jersey City at 3 55 p m and arriving in Denver about 5 pm September 7. After the meeting delegates return to New York via Colorado Springs Kansas City and St Louis with a day in Colorado Springs on October 3.
MENTIONED IN THIS ARTICLE
American Bankers’ Association
Denver
Pennsylvania Terminal
Jersey City
Pullman
Spa
New York
Colorado Springs
Kansas City
Louis
Solomon Orbach released after contempt of court hold
Solomon Orbach the famed dealer jailed last October for contempt of court over $40 068 worth of jewelry he allegedly obtained from Maiden Lane dealers and lost was released yesterday by Judge Holt Charles M Steinert. A nineteen year old nephew of Magistrate Steinert was arrested for stealing jewelry from Mabel Wilson at 142 West th street and was arraigned and discharged in West Side court yesterday.
MENTIONED IN THIS ARTICLE
Solomon Orbach
Famond
Ludlew Street
Maiden Lane
Holt Charles M. Steinert
Steinert
Mabel Wilson
Crrigan
West Side
August sales at major stores announced
Hearn on 14th street announces an August sale of blankets dry goods table linen curtains tapestries and dresses and gloves. Bloomingdale ads post inventory sale of women's silk dresses suits bathing suits and an annual August sale of rugs towels and infants near MACY starts midsummer furniture home furnishings sale with bumper crop of household economies. Abraham & Strau s Brooklyn announce sale of women's tailored suits dresses raincoats and capes. Stern Brothers West 2d street offer values in misses and girls apparel and reductions in hosiery and summer clothing.
MENTIONED IN THIS ARTICLE
HEARN
14Th Street
Fifth Avenue
Bloomingdale
Lexington
Third Avenue
59Th
60Th Street
MACY
Broadway
Sixth Avenue
25Th Street
Abraham & Straus
Brooklyn
Stern Brothers
West 2d Street
Also Mentioned on This Page
NIST
Qiehoma
Independent Telephone
Knapp
Tribune Bureau
Central
J. P. Morgan
Atchison Bonds
Pillsbury-Washburn CO
Circuit Court
Persie
St. Anthony Falls
Mississippi River
Minneapolis Mill Company
Minneapolis and Northern Elevator Company
Devil's Lake
Fillsbury
Great Britain
Iabor
South Africa
America
White Plains
Church of the Hour
Henry L. Little
C. A
George A. Zabriskie
New York Produce Exchange
Wall Street
Financial
Customs Brokers Incorporate
Baldwin
Chattanooga
Tenn
T. A. Baldwin
B. F. Harris
Catoosa
Harris
Kerr
Fort Oglethorpe
Trenton
Thomas Crawford, Jr
Crawford
B. Akan & CO
ETON
Batiste and
Batiste and Lace
Jabots
34Th Street
35Th Street
5Th Avenve
Coney Island Line
City News
New-York
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