Receivers Question Joint Fare Rates After Losses
Metropolitan and Central Park North and East River Railroad receivers report nine months of operations ending June showing gross earnings of 11.55 million dollars against operating costs of 9.26 million and a net near 2.28 million, with taxes and interest driving a deficit of 1.05 million. They argue a joint fare rate is unlikely under current finances and note a 92 million property valuation with a reported 3 to 4 percent return, short of a proposed 5 percent.
MENTIONED IN THIS ARTICLE
Metropolitan Traction System
Central Park, North and East River Railroad Company
Public Service Commission
34Th Street
116Th Street
The
Metropolitan
Douglas
Adrian H. Joline
Con
Arthur H. Masten
Oren Root
Metropolitan Mnes
James A McDonald
Alexander J. Hemphill
George W. Linch
New York City
Root
Third Avenue
Lacombe
Frederick W. Whitridge
Fulton Street Railroad Company
Gilbert H. Montague
Central Park, North & East River Railroad Company
W. W. Ladd
New York City Railway Company
Receivers in Fight Over Traction Assets and Claims
In United States Circuit Court Judge Lacombe heard motions among Metropo litan Third Avenue and New York City Railway receivers. Disputes involve several million dollars across about fifteen hundred items. Claims include $1 012 000 for repairs and supplies, unpaid taxes, and track use from 1907 to 1909. A special master or reexamination was urged. decision reserved.
MENTIONED IN THIS ARTICLE
Metropolitan
Third Avenue
New York City Railway Companies
United States Circuit Court
Matthew C. Fleming
Mr. Ladd
New York City
H. J. Bickford
Ladd
Third Avenue Company
New York City Railway
Adrian H. Joline
Douglas Robinson
Metropolitan Railroad
Janu
Bickford
John M. Bowers
Central Trust Company
Lacombe
Arthur H. Masten
Messrs
Joline
Idge
Lasembe
Protective Committee
Dryk, East Proadway & Battery Railroad Company
Banks Seek Stock Tax Reductions in Connecticut Hearing
Counsel for twenty six Connecticut banks one Rhode Island bank one New Hampshire bank and eight foreign insurers appeared before the Tax board seeking reductions from a flat one percent tax on all local stocks. The hearing followed a Court of Appeals decision in Bridgeport Savings Bank requiring a formal protest opportunity. About 1,060 stocks valued to a tax of 25,000 were removed from assessments. reduction seems unlikely.
MENTIONED IN THIS ARTICLE
Connecticut
Rhode Island Bank
New Hampshire
Tax Board
Bridgeport Savings Bank
Lkely
Warrant Issued for Turf Promoter After Death on Lexington Pike
Cincinnati Aug 18 Judge Stephens Covington Ky swore out a warrant charging John Ryan turf promoter and commission man with manslaughter in the death of Ignatz Wandrack a deaf mute who was run down by Mr Beans automobile on the Lexington pike Sunday night Ryan surrendered and gave bond The case stems from the pedestrian fatality involving the auto.
MENTIONED IN THIS ARTICLE
Cincinnati
Stephens
Covingee Ky
John
Ryan
Bond
Ignatz Wandrack
Lexington Pike
Mr. Bean
Port rates cut urged at New York harbor conference
A second conference on boosting Port of New York commerce met at City Hall to urge rate cuts and improved canal, rail, and terminal facilities. Alfred E. Henschel led resolutions targeting high charges, urging state ownership of waterfront and noting the potential city gains from cheaper wharf and dock rates. Captain Campbell warned against home rule and argued for substantial dock investments, proposing $190,000,900 if needed.
MENTIONED IN THIS ARTICLE
New York
City Hall
Alfred E. Henschel
Ra Ana
Campbell
Boston
Montreal
Mr. Henschel
Chelsea
Cunard Hines
Hill's Hurt Aids Bears In Market Rally
James J. Hill suffered a hand injury in a Sunday auto accident in St. Paul. Initial reports in New York papers suggested a serious condition and possible operation, sending Wall Street bears into a frenzy. Later dispatches from Louis W. Hill and a St. Paul broker contradicted the worst fears, revealing only a slight hand scratch and prompting a market rebound.
MENTIONED IN THIS ARTICLE
James J. Hill
St. Paul
New York
Wall Street Bears
Bears
Mr. Hill
Hill
Great Northern
Northern Pacific
Wall Street
Louis W. Hill
Railroads Must Answer Complaints Amid Rate Dispute
Washington reports the Interstate Commerce Commission refused a 30 day extension for railroads to answer complaints over recent rate increases on key commodities. Railroads in the Southeastern territory must answer by August 22 and those in the Southwestern territory by August 28. The commission plans hearings in September.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Southeastern
Southwestern Territories
Edward Baxton
Nashville, Tenn
A. P. Morgan Grain Company
Atlanta
State Railroad Commission of Alabama
Culberson
Baxton
Southeastern Territory
Southwestern Territory
Alabama State Railroad Commission
Market Report on Beans Peas and Butter From Aug 18 1908
Week ended Tuesday August 18 1908 shows receipts beans 4815 bi beans and 185 bags peas exports 144 bags beans and 56 bags peas imports 4969 bags beans and 390 bags peas. Prices listed for beans and peas with Scotch peas firm at 25 to 28.50 per bushel. Butter cheese eggs and other produce minor note. Market restrained with limited movement and stock kept firm.
MENTIONED IN THIS ARTICLE
California
Lima
Europe
Visionary stock pitch for National Stock hoax by Butte & Boston partner
A speaker touts speculative method buying 100 shares at two dollars to gain vast profits, claiming credibility from Standard Oil and Rogers and Rockefeller. He asserts that National Stock will rise from two to one hundred, then to one hundred thirty, and that each two dollar investment would be worth eighty six now.
MENTIONED IN THIS ARTICLE
Butte & Boston
Standard Oil
Rogers and
Rockefeller
Boston
New York
National Stock
Lawson
Livestock Market Report from New York 1908
August 18 1908 Livestock market notes from New York report cattle receipts 35 cars 442 head no sales reported beef prices steady and private cables show live cattle lower dressed beef steady beef to London shipments planned for Swift and Morris companies calves receipts 224 head venal prices steady with Western veals and dressed calves in good demand sheep and lambs receipts 28 cars 615 head market mixed with lambs steady and sheep unchanged
MENTIONED IN THIS ARTICLE
New York
Liverpool
London
Majestic
Swift Beef Company
Morris Beef Company
Jersey City
S. Judd & Co
Sim
Cal Ives
Sixtieth Street
Fortieth Street
Lehigh Valley
Weehawken
Schwarzschild & S
Mesaba
New Yorks
J. Shamberg & Son
Swift Beef Co
Adriatic
Morris Beef Co
Cedric
Mortis Beef Co
Armour & Co
Ad Miscellaneous
Bermudian
Boston
Philadel
Glasgow
Bristol
Manchester
Bermuda
West Indies
McPherson & Co
Virginia
Newton & Co
Shippers’ Commission
Kentucky Lambs
Fred I. Kratz
West Virginia Lambs
Kerns Commission Company
Kentucky
West Virginia
Tobin & Shannon
Judd & Co
J. G. Curtis & Son
E. Hollis
Cattle and Hogs Prices Across Major Markets Aug 18
Chicago receipts about 8 000 head steady market with steers near 4 74 to 7 75, cows 3 40 to 5 25, heifers and bulls varied. pigs around 4 96 to 5 50. Pittsburg reports fair supplies. sheep and lambs mixed with slower hogs and steady to higher prices. Cincinnati and Kansas City show similar mixed trends with cattle and hogs nudging changes and lambs firm.
MENTIONED IN THIS ARTICLE
Chicago
Pittsburg
Aug
York
Cincinnati
Denis
Sweden
Kansas City
Sogrgs
Utah
Texas
Adler Brothers dissolved business at 308 East Houston and 128 Third Avenue
A dissolution notice states that the firm Adler Brothers of 308 East Houston Street and 128 Third Avenue has been dissolved. Emil Adler withdraws from the firm. The dissolution is effective as of August 6, 190g, with the company ceasing under the arm name ADLER New York.
MENTIONED IN THIS ARTICLE
Adler Bros
East Houston St
Third Avenue
Emil Adler Canaene
Fires and Sei
Leopold “Adier Aancmls
Alt Semtions
ADLER
Also Mentioned on This Page
P.S
N.Y. C. Railway
Hurt Aids Bears
Buffalo
Rochester & Pittsburg
Canadian Pacific
International & Great Northern
Wabash
Aurora
Elgin
TSS
sen.Ee
Foreign Commerce
Bureau of Statistics
Department of Commerce and Labor
United States
Eneree
EAS Ee
San Francisco
Julia
Crown Point
Gould
Commerce Commission
Country Produce Markets
Tlee
Pennsylvania
Clapp
Pearl
Bartlett
Pine Island
Jersey
Maryland
Delaware
Western
Upriver
Niagara
Moore
North Carolina
Florida
Porto Rico
Pacific Coast
State
Express
Philadelphia
Long Island
Jerseys
Eastern Shore
Rockland County
Hackensack
Ohio
Orange County
Massachusetts
Baltimore
Southern
OKRA
Romaine
Norfolk
South Jersey
Toledo
National
Iic
Post & Flagg
New York Stock Exchange
Union Pacific
Thomas W. Lawson
Hudson
West Point
Newburgh
Poughkeepsie
Palace Iron Day Line
Hendrick Hudson
Albany
Brooklyn
Fulton St
Annex
Desbrosses St
W. 129Th St
Mary Powell
West Shore
N. Y
Eta
Ann Bt
Lake Hopatcong
O Cts
Liberty ST
Mauch Chunk
Glen Onoko
LV. W
Norwich
Chester W
Chapin Irs
N. A
Clarkson St
East
RED Bank
Franklin St
N.R
A.M
Sun
Highlands
Ee Soc
Long Branch
Vasut
Ave River
Island of
Manhattan
Poster
21St St
Telegraph
Isthmian Canal Commission
Washington, D. C
State Street
Customs House
New Orleans
North Point Street
Cal
U. & Engineer
Seattle
Corps Engineers
U. S A
General Purchasing Officer
Department OF Parks
Arsenal Building
Fifth Avenue
Street
Borough of Manhattan
City of New York
le Fak Bond
Astor
Lesa
New York Blic
Lenox Tilden Foundations
Fortieth
Forty-second Street
Henry Smith
Joseph J. Berry
J. Nedy
Parks
Gray's Ferry Road
Ad S. T
Eeuilding
Fort Slocum
Plumbine
District OF Columbia
Brookland
Columbi
Caer
D. C
Henry L West
Ja ¥ J. Brow
Commissioners
Ellis Island
John G. D. Knight
Commissioner
A. Siam Sat Toeee
Power Hi Island
Power House
Contagious Group
U. S S
Eya
Robert Watchern
Cormmissioner
NEW York Supreme Court
Sarah Bach
Pasquale Pati
Rosina Pati
Salvatore Pati
Jane” Pati
Jane
Achille Starace
Bena
Pascale Pati
Iee and Son
Morris Cooper
Vesey Street
Rosine Pati
Salvatore Pat
Cuthbert W. Foun
Supreme Court of the
State of New York
Aed
Orris Cooper
New Tork
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