Railroads Increase Freight Car Purchases Indicate Market Upswing
Railroads move to bolster rolling stock with large orders signaling an improving steel and steel rail market. Northwestern leads with 1000 cars, Lackawanna orders 400, Harriman lines seek 6000 to 7000 cars, bids due August 17. Estimated value around 7 million dollars, steel cars favored. Western lines tight on stock for bumper crops, industry looks for further orders as 106 million dollars may be needed to equip routes. Additional rail and structural steel orders for bridges and lines highlight broader steel demand.
MENTIONED IN THIS ARTICLE
Northwestern
Lackawanna
Harriman Lines
Harriman
United States Steel Corporation
Iron Trade Review
Western
Canadian Railway Commission
Pennsylvania Steel Company
Alabama & Great Western Railway
Norfolk & Western
Wheeling & Lake Erie
Hanging for Speeders in Nassau County Meeting
Mineola Long Island Aug 12 Halstead Scudder counsel to Nassau County Board of Supervisors warns that speeding could hang motorists from trees if changes aren t made He cites sixty killed or injured since May 1 and urges strict enforcement with arrest and jail terms for repeat offenders backed by the American Automobile Association official Charles T Terry.
MENTIONED IN THIS ARTICLE
Mineola
Long Island
Nassau County
Halstead Scudder
Board of Supervisors
Scudder
Charles T. Terry
American Automobile Association
Mr. Terry
Pyxis Exhibit Noted At Metropolitan Museum Of Art
The article reviews a white Athenian pyxis with the judgment of Paris, praised for preservation and humor. It also highlights recent acquisitions and loans including Venetian lace pieces, two capes, and an Eleanor grille replica from Westminster Abbey. A Nestorian stone replica from China, loaned by Fritz von Holm, is described, detailing its journey and accurate reproduction.
MENTIONED IN THIS ARTICLE
Metropolitan Museum of Arts
Parise
Paris
Hermes
Hera
Athena
Aphrodite
Eros
Luckmeyer
Westminster Abbey
Thomas de Leghtone
China
Fritz von Holm
von Holm
Seacoast
Siar-fu
Shensi
Magistrate Higginbotham in Brooklyn Court Riot
Magistrate Higginbotham clashed in a Brooklyn court with Howard Dinwiddie after denying a private interview. Miss Elizabeth Robinson leading the Holy Rollers accused the magistrate of trying to kiss her in the rooms above the court. Robinson and 31 followers were earlier jailed on decency charges as Rev Malachi Gabriel testified about the church services. The magistrate insulted Robinson, then raised bail from 1500 dollars for the prisoner.
MENTIONED IN THIS ARTICLE
Bedford Avenue
Brooklyn
Higginbotham
Howard Dinwiddie
Dinwiddie
Elizabeth Robinson
Church of the First Assembly of Christ
Holy Rollers
Miss Robinson
Malachi Gabriel
Robbery and Assault Tied to Port Morris Fireman
Charles S. Neilson, a Port Morris New York Central Railroad fireman, is held on $10,000 bail after a Dec 5, 1906 burglary at Elias Asiel’s East 63d Street home. Details tie Neilson to an elaborate scheme involving a former butler and an inside accomplice, with Drummond Detective Agency recovering stolen items and indictments filed. Another suspect remains at large as police and detectives pursue quick arrests.
MENTIONED IN THIS ARTICLE
Charles S. Neilson
Port Morris
New York Central Railroad
Clias Asiel
East 63d Street
Asiel & Co
Broadway
Asiel
Drummond Detective Agency
District Attorney's Office
Neilson
Sing Sing
Astel
Mr. Astel
Old Chef Arrested in West Side Gambling Case
Captain Reidy of West 68th street station arrested Moses Phillips a seventy year old chef known to New York club frequenters on a charge of common gambling. Moxley said he was the victim of a crooked fare game and a fare layout was found in a suitcase. Phillips is the subject of the arrest and two other men are being sought.
MENTIONED IN THIS ARTICLE
Captain Reidy
West 68Th Street
Moses Phillips
New York
M. B. Moxley
Kelly Street
Pittsburg
Phillips
West 73d Street
Moxley
West Sth Street
No. 100
West 78Th Street
West Side Court
Inspector assaulted at city hall park fruit stand
Edward C. Becherer an inspector for the Bureau of Municipal Research was attacked yesterday afternoon at a fruit stand near City Hall Park Brooklyn Bridge terminal. John Antonopoulo and assistant Peter Peolos were arrested and bailed. Becherer hospitalized with possible internal injuries and abdominal contusions. Police say the assailants were linked to a Black Hand threat demanding $1000.
MENTIONED IN THIS ARTICLE
Edward C. Becherer
Bureau of Municipal Research
City Hall Park
Brooklyn Bridge Terminal
John Antonopoulo
Becherer
Hudson Street Hospital
Antonopoulo
Peter Peolos
Peolos
Crowe
Elizabeth Street
Metz Attacks Board of Education on Contract Powers
Controller Metz criticized the Board of Education for not enforcing penalty clauses and for extensions granted by the buildings committee without proper authority. He claimed the superintendent and committee have long ignored the board, usurping its functions. The meeting revealed over half a million dollars required to ready schools for September, with borough allocations totaling 569,182.50. Brooklyn 420,541. Manhattan 51,553. Queens 80,976. The Bronx 7,425.50. Richmond omitted. A May 21 part time count showed 60,250 students. The “Big Six” union added Herman Feinberg of 2% Whitlam Street to its eight-hour offices, after President Toole urged hiring union members amid past opposition.
MENTIONED IN THIS ARTICLE
Metz
Board of Education
Committee On
George W. Schaedle
Executive Committee
Committee On Buildings
Egerton Winthrop, Jr
Brooklyn
Manhattan
Queens
Bronx
Richmond
Maxwell
Nathan
Jonas
BIG Six
Typographical Union No. 6
Lst
Herman Feinberg
Whitlam Street
Tole
Feinberg
New York Naval Militia Wins Interstate Target Match
Greenport New York naval militia units from six states competed in Gardiner's Bay with a fleet anchored off Gardiner's Island. New York led with an eight point five hits per minute average and J Purdy of Manhattan set the top individual mark with thirteen and four hundredths hits a minute. The fleet includes six torpedo boats two submarines two scout cruisers the Yankee and the Prairie two navy tugs the Portsmouth and Machias commanded by Marsh and Ackerman. Work continues with planned attacks on the Long Island shore beginning tomorrow and extending into Sunday.
MENTIONED IN THIS ARTICLE
Tribune
Greenport
N. Y
New York State
Gardiner’s Bay
New York
Gardiner’s Island
J. Purdy
Manhattan
Purdy
Board of Education
Prairie
Massachusetts
Maine
Connecticut
Rhode Island
Black and
Shelter Islands
Stringham
de Long
Thornton
Newberry
Long Island
New Jersey
Portsmouth
Charles N. Marsh
Jersey Boys
Caronia Arrives Early Beats Majestic In Quick Run
The Cunard liner Caronia reached New York ahead of schedule after a rapid voyage from Queenstown, landing passengers at 9:15 pm. She helped the Lyderhorn, a ship out of provisions, by transferring stores in a dramatic rescue scene witnessed by Caronia passengers.
MENTIONED IN THIS ARTICLE
Cunard
Caronia
New York
Queenstown
White Star
Majestic
Pannonia
Cantain Dow
Hoboken
Lyderhorn
J. A. McCubbin
Cunard Daily Bulletin
Iquique
Rotterdam
H W. Searles
Plaza
London
Green Park
Buckingham Palace
Searles
James O'Sullivan
Philadelphia
John M. Bishop
M. O'Sullivan
O’sullivan
Plans to Welcome the American Olympic Team
A city board meeting authorized Mayor McClellan to extend city freedom to the athletes on August 29. A special committee will assist the reception, with a proclamation for national colors and home decorations. Governors asked to permit national guard parade. traffic bans to be issued. subscriptions urged to Controller Metz.
MENTIONED IN THIS ARTICLE
Board of Aldermen
McClellan
National Guard
W. P. McLoughlin
Metz
London to Take Atchison Bonds
A London dispatch confirms The Tribune's note that part of Atchison's $17,000 bond issue may be sold abroad. A London syndicate plans to handle a portion with good demand from investors. Foreign speculators take profits on local price gains while foreign banks look to buy American railway bonds and top stocks for investment.
MENTIONED IN THIS ARTICLE
London
Atchison
London Dispatch
The
Tribune
Bears Hammer Cotton Market Amid Sharp October Decline
The cotton market saw wild tremors as bears drove the October option to 9 cents, down from recent highs, with about 400000 bales traded. J L Livermore led bulls in a staged rally that closed near 9.10, while long lines and liquidations shaped a volatile session amid hopes for textile trade improvement.
MENTIONED IN THIS ARTICLE
J. L. Livermore
Sully
Bears
Livermore
Bondholders Form Committee After Southern Indiana Railway Default
A bondholders' committee is set up after an August 1 default on interest for 4 per cent fifty year gold bonds of the Southern Indiana Railway Company. The panel includes George W. Young Rafael Gavin Galin Stone A Merritt Taylor and W W Gurley. A reorganization of the railway, once controlled by John R Walsh, is anticipated as the bonds default on July interest. The line spans 237 miles linking Terre Haute Seymore and Chicago Junction and controls a southern Indiana coal region. A May 1 1908 mortgage of 3.9 million dollars at 5 per cent was issued for construction. The company also owns the Chicago Southern Railway in connection with Walsh.
MENTIONED IN THIS ARTICLE
Southern Indiana Railway Company
George W. Young
George W. Young & Co
Rafael R. Gavin
H. B. Hollins & Co
Galin L. Stone
Hayden, Stone & Co
A. Merritt Taylor
Philadelphia and Westchester Traction Company
W. W. Gurley
Chicago
John R. Walsh
New England
Terre Haute
Seymore
Chicago Junction
Indiana State Line
Indiana
Chicago Southern Railway
Walsh
Sao Paulo loan details eyed for 15 million issue
Reports say Sao Paulo to raise 15 million dollars via a loan to back the coffee valorization plan. Underwriters from Europe and the U S expected to back the issue at 90 with 5 percent interest. Proceeds may amortize old debts with large coffee merchants, pledging government coffee stock as security totaling about 7 79 million bags valued around 77 million dollars. A higher export surtax from three to five francs is proposed as additional security.
MENTIONED IN THIS ARTICLE
Sao Paulo
Europe
May Make Thaw Free Adjudged a Bankrupt
Pittsburg August 12 Harry K Thaw was formally adjudged a bankrupt at 1 o'clock today by Referee in Bankruptcy William R Blair This surprised observers since August 21 had been set for adjudication by US Commissioner William T Lindsay Receiver Roger O Mara had visited Thaw in Poughkeepsie yesterday and Thaw was hurriedly summoned Thaw's petition filed August 7 lists liabilities of 45314043 and assets of 12801238 No hearing preceded the order of adjudication and creditors meeting date awaits announcement Thaw may be brought to Pittsburgh for the first meeting within thirty days, with possible later actions in New York and local courts over his sanity and the right to proceed as a bankrupt, including potential lunacy inquests and appeals to the US Court.
MENTIONED IN THIS ARTICLE
Pittsburg
Harry K. Thaw
W. R. Blair
William T. Lindsay
United States
Roger O'Mara
Thaw
Poughkeepsie
O'Mara
Blair
Jerome
New York
United States Court
United States District Court
John Armstrong Chanler
Richmond
New York State
Virginia
Yarmouth Divorce Absolute Declared
London reports the divorce proceeding between the Countess of Yarmouth formerly Miss Alice Thaw of Pittsburgh and the Earl of Yarmouth has become absolute after the required six months. The case is listed as Yar mouth, otherwise Thaw, vs. Yarmouth, suggesting she may resume her maiden name.
MENTIONED IN THIS ARTICLE
London
John Corell Barnes
Countess of
Yarmouth
Alice Thaw
Pittsburg
Earl of Yarmouth
Thaw
Magistrate Droege Denies Charges Before Appellate Division
Magistrate Otto H. Droege filed answer denying unlawful discharge of prisoners and other grounds for removal. Charges stem from Jefferson Market night court where he allegedly freed prisoners sentenced to workhouse on Blackwell Island. William H. Willis to hear as referee with report due October 23.
MENTIONED IN THIS ARTICLE
Supreme Court
Bar Association
Otto H. Droege
Commissioners of Accounts
Jefferson Market Court
Drege
Blackwell's Island
McClellan
Droege
William H. Willis
Pittsburg Coal Shipping Record Beaters New York Central
Pittsburg and Lake Erie railroad figures show 6000 cars of coal shipped to the lakes in the first week of August, up 213 cars from the same week last year. East reports indicate overall P&LE traffic about 6 percent above 166s level but about 12 percent below last year, with net earnings likely higher than the previous year.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
New York Central Railroad
New York
Pittsburg & Lake Erie Railroad
Lake Erie
Talk of C P Arbitration Both Sides Split on Sole Arbitrator
In Winnipeg on Aug 12 a movement urges Sir Thomas Shaughnessy to serve as sole arbitrator between strikers and the Canadian Pacific company. The public welcomes the idea, but the strikers reject a single arbiter. Reports say J J Hill of the Great Northern backs CP in the dispute. A large party of mechanics arrived in the city.
MENTIONED IN THIS ARTICLE
Winnipeg
Sir Thomas Shaughnessy
Canadian Pacific Company
Sir Thomas
J. J. Hill
Great North-n
Canadian Pacific
Fraud Charges Against Union Pacific Officials
In St Louis on August 12 the United States Court of Appeals ruled against Union Pacific officials including George Gould and E H Harri man in a fraud suit over 27 293 000 dollars of bonds. The decision reprimanded the plaintiffs and found they defrauded dupes of about 50 000 while claiming rights to bond ownership by the estate of Charles Durkee who died in Wisconsin in 1870.
MENTIONED IN THIS ARTICLE
St. Louis
George Gould
E. H. Harriman
Union Pacific Raiilroad Company
United States Court of Appeals For
District of St. Louis
Union Pacific Railroad
Charles Durkee
Wisconsin
Dupes
Interest on Lake Erie Bonds to be Paid September 1
A Wheeling and Lake Erie Railroad representative said plans are set to pay the September 1 interest on the consolidated 4 percent bonds. With surplus earnings recent and directed to improvements, it is likely that interest may be funded by issuing receiver's certificates.
MENTIONED IN THIS ARTICLE
Wheeling & Lake Erie Railroad
Protection Committee to Buy Stock in Reorganized Steamship Lines
The bondholders protective committee plans to wipe out Consolidated Steamship Lines common stock as part of a forthcoming foreclosure sale. With 97 percent held by the parent company, the committee intends to buy in the stock and pursue a reorganization reducing capital and eliminating the common stock. Anticipated plan aligns with bondholders' recent announcement to the group.
MENTIONED IN THIS ARTICLE
Consolidated Steamship Lines
Iron and Steel Markets Show Slow Improvement
The Iron Age notes a gradual demand rise in iron and steel with export orders to Italy and Alabama pig iron reaching European markets. The Ironside Review reports United States Steel Corp at about 56 percent blast furnace capacity, low pig iron stocks, shifting buying to the East, and growing demand for structural materials amid rising Southern prices and large New York orders.
MENTIONED IN THIS ARTICLE
Italy
Tron
Middlesborough
Alabama
Ironsde Review
United States Steel Corporation
New England
Birmingham
New York
Ustable
Woman Ends Life by Inhaling Chloroform in Bronxville
Mrs. Julia Korony Frese, years old and wife of composer Gustave Frese, died Tuesday night after saturating a rubber cap with chloroform and placing it over her face. The estrangement followed discovery of letters between her and a Mountie physician, with the couple living apart for months. Frese, who found his wife despondent after the letters, told the coroner of their estrangement and her despondent condition. She had visited friends and bought chloroform at a Bronxville drugstore claiming it was for cleaning clothes.
MENTIONED IN THIS ARTICLE
Julia Korony Frese
Bronxville
Westchester
Gustave Frese
I.sicilan
O'elney
Frese
Mountie
Gould Divorce Suit Moves Forward In County Filing
Mrs Helen Kelly Gould seeks absolute divorce from Frank J Gould after filing complaint and his general denial in the Nassau County Court. The couple wed December 7 and accuse Gould of improper conduct aboard his yacht Helenita at North Sydney Cape Breton. Custody of two daughters Helen Margaret and Dorothy sought. alimony not requested.
MENTIONED IN THIS ARTICLE
Helen Kelly Gould
Frank J. Gould
Helen Kelly
Helenita
North Sydney
Cape Breton
Nicoll, Anable, Lindsay & Fuller
Nassau
Gould
Painter Sikanski Ends Life After Vision of Crime
William Sikanski, one of two prisoners at Raymond Street Jail in Brooklyn, hanged himself in his cell after a nightmarish vision of his May 2 crime. The painter, who shot Anna Kokonna and mortally wounded Michael Kirsain, reportedly grew demented during imprisonment but faced no special vigilance.
MENTIONED IN THIS ARTICLE
William Sikanski
Raymond Street
Brooklyn
Sikanski
Anna Kokonna
Kent Avenue
Michael Kirsain
Northlith Street
Hughes appoints J B Reynolds to state aliens welfare panel
Albany August 12 Governor Hughes names James B Reynolds of New York to join the state commission investigating the welfare and condition of aliens. Reynolds replaces William Williams who failed to qualify.
MENTIONED IN THIS ARTICLE
Albany
Hughes
James B. Reynolds
New Yongh
Reynolds
William Williams
New York
Chicago grain and provisions applies market slide Aug 12
Chicago grain and provisions report shows heavy wheat selling pressure as September futures drop and other grains decline. Bearish outlook tied to rust fears and crop reports. corn weak later, oats and provisions also lower. receipts and clearances noted with varied car counts and contracts.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Ste
Stee
Myc
Minneapolis
Duluth
Aone
Septem
Shorts
Septem Sarge
Livestock Market Report from New York August 1 1908
Receipts totaled 39 cars with 1520 head including direct slaughter consignments. Prime heavy steers higher. cows steady. dressed beef slow. Milk cows slow with steadier prices. calves mixed. Sheep and lambs receipts 4529 head. lambs offered, prices varied. hogs 791 head with market higher, hog prices up across regional markets.
MENTIONED IN THIS ARTICLE
New York
Jersey C'Y
Tsu
London
Liverpool
Morris Beef Company
Swift Beef Company
60Th Street
St Ee
Eages
City
Stem Ray Ag
Jersey
Buffalo Sdvices
Pennsylvania
Also Mentioned on This Page
Magistrate
Kissing “Bishop
Elias Asiel
Old Chef
E. C. Becherer
NEW Yorker Fine Shot
State Naval Militia
Bears Hammer
S. I. Bondholders Act
New York Central
C. P. Arbitration
Thomas Shaughnessy
Union Pacific
Protection Committee
the Iron and Metal Trades
J. B. Reynolds
Chicago Grain and Provisions
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