Plans Electric Line Through Franchises Held By Millbrook
President Mellen of the New York New Haven and Hartford Railroad states the line will be built between New York City and Port Chester using Millbrook holdings to control New York and Port Chester and New York Westchester and Boston railways. The plan is to merge these entities and construct an electric route despite lawsuits and property-owner opposition. The company aims for a consolidated system pending charter validity, with action expected at the Board of Estimate meeting on January 12.
MENTIONED IN THIS ARTICLE
Mellen
New York
New Haven
Board of Estimate
Port Chester
Westchester
Westchester Company
Millbrook
Harlemiver
New Ork Rt Chester Railroad Company
New York, Westchester & Boston Railway Company
177Th Street
New York & Port Chester Company
Borouch
Bronx
New York & Port Chester Railroad Company
New York, New Haven & Wartford Railroad Company
I7ith Street
City Line
Port Chester Company
With Street
Court of Appeals
Charlies F. Brown
Arabelle D. Huntington
Brown
Anneals
Port Chester Cherter
Evhiart
Prbie
Reniy
Metz Attacks Broadway Lexington Subway Dream
New York City officials spar over Broadway Lexington Avenue subway funding and plans while the Public Service Commission defends progress on the Fourth Avenue route in Brooklyn. Controller Metz argues money is unavailable. PSC chair Willcox says bids and design changes are pending and funding is Board of Estimate’s problem. An official notes a Seventh Avenue extension could be franchised by Interborough.
MENTIONED IN THIS ARTICLE
Metz
Broadway-Lexington Avenue
Public Service Commission
Manhattan-Bronx
Fourth Avenue
Brooklyn
Board of Estimate
Rapid Transit Commission
Elsberg
Willcox
Lexington Avenue
Seventh Avenue
Yeeterfar
City News in Brief and Court Actions
Justice Davis refused to vacate the arrest order for Allan W. Pirie in Nassau County jail since December 13 as his wife Hazel Pirie pursues a separation suit. Also noted are a motor boat school opening in West Side YMCA rooms, a hotel case dismissal at Jefferson Market, a civil employer benevolent association event at Lexington Opera House, a lecture on Human Prejudices by John Graham Brooks, a general denial in a suit over alienation, and a fourth lecture on The Present Railway Situation by Edwin R. A. Seligman at City College.
MENTIONED IN THIS ARTICLE
Justice Davis
Supreme Court
Allan W. Pirie
Nassau County
Hazel B. Pirie
West Side
Young Men's Christian Association
West Sidh Street
W. BL. Stevens
Frederick F. Williams
Mary Heink
Hotel Victoria Annex
Jefferson Market Court
New York County
Civil Employer’ Benevolent Association
Lexington Opera House
McClellan
John Graham Brooks
Hudson Theatre
League For Political Education
John P. Persch
Frederick Behl
No. 2
Broadway
College of the City of New York
Edwin R. A. Seligman
Columbia University
Chamber Discusses Subsidizing Pacific Mail Ships
The Chamber of Commerce debated subsidies for ocean mail service to South American ports via Pacific routes. It backed extending North River piers 800 feet and developing East River waterfront to boost terminal capacity, and reviewed a National Council of Commerce plan from a Washington conference. Edward King became vice president, William Nash chaired the finance committee, and Morris Jesup joined the real estate board.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Committee On Commerce and Revenue Laws
Gustav N. Schwab
Congress
Postmaster General
South American
Pacific
South Atlantic
New York Harbor
Pierhesd
North
East River
Navy Yard
Long Island Sound
Hell Gate
Schwab
Straus
Department of Commerce and Labor
Washington
Secretary of Commerce and Labor
National Council of Commerce
State Department
National Council
Edward King
D. Willis James
William A. Nash
Committee On
Finance and Currency
Dumont Clarke
Morris K. Jesup
Chamber
Costly Receivership Shrinks Republic Savings Assets
The Republic Savings and Loan Association assets fell from 1 086 000 to 50 000 over seven and a half years under receivership. Stockholders to receive 6 cents on the dollar as referee McKinny credits improvident investments and high administration costs, noting 275 000 realized with 193 000 spent on administration and fees.
MENTIONED IN THIS ARTICLE
Republic Savings
Republic Savings and Loan Association
Brooklyn
Justice Betts
Supreme Court
Otto Kelsey
McKinny
New York State
Southern iron war threat over pig iron price
Representatives of Republc Iron and Steel, Tennessee Coal and Iron, Sloss Sheffield, and Alabama Consolidated Iron met in this city to hold pig iron at 14 dollars a ton. Outside firms selling at nine dollars prompted dissatisfaction, with Sloss Sheffield rumored to withdraw and drop to 12 dollars, risking open war and possible prices as low as ten. Efforts were underway to keep Sloss Sheffield in the pact.
MENTIONED IN THIS ARTICLE
Republc Iron and Steel Company
Tennessee Coal and Iron Company
Sloss-Sheffield Steel and Iron Company
Alabama Consolidated Coal and Iron Company
Sloss-Sheffield Company
New York City Railway Receivers Default on Dividends
Receivers for the New York City Railway Company defaulted on dividends due January 1 for several subsidiary lines. A representative cited lack of funds, not a desire to disassociate properties, as the cause. Stockholders may seek legal action only after a month of default. Dividends unpaid on Sixth Avenue 7 percent, Broadway and Seventh Avenue 10 percent, and Eighth Avenue 16 percent.
MENTIONED IN THIS ARTICLE
New York City Railway Company
New York City Railway
Sixth Avenue Line
Broadway
Seventh Avenue
Eighth Avenue Line
Frederick L. Mathez Dies Sudden in Hotel Walton
Frederick L. Mathez aged sixty, once with Andrew McKinney & Co, died suddenly in his Hotel Walton West 20th Street apartment from heart disease while in a hotel drug store. Coroner Harburger ruled natural causes after investigation. He had lived at the hotel about a year and was once a notable Wall Street figure.
MENTIONED IN THIS ARTICLE
Frederick L. Mathez
Andrew McKinney & Co
Walton
West 20Th Street
Mathez
Harburger
Mutual Reserve Fight: Haynes Vows US Supreme Court Clash
Archibald C. Haynes president of Mutual Reserve Life Insurance declares if the Attorney General sides with the examiners against the company and declares insolvency the firm will wage a battle to the US Supreme Court. He argues the firm is not insolvent and criticizes the examiners for treating it as an old line company.
MENTIONED IN THIS ARTICLE
Archibald C. Haynes
Mutual Reserve Life Insurance Company
Jackson
State Insurance Department
Supreme Court of the United States
Legal Reserve Insurance Company
Haynes
Otto Kelsey
Mutual Reserve
Supreme Court
Nelson B. Hadley
Charles Hughes
Broadway
Insurance Department
Battery
Haynes Fain
Kelsey
Williams mum on Hamilton Bank reopening
The Hamilton Bank postponement to Monday did not unsettle depositors and few were present to withdraw funds. President William K. Montgomery said operations should resume smoothly, while State Superintendent Clark Williams has not stated a reopening position. Kingston Supreme Court Justice Betts discharged receiver Frank White and set his allowance at 10,000 with counsel at 5,800. a depositor meeting is planned at 8 pm at St. Joseph’s Church Hall in the Bronx.
MENTIONED IN THIS ARTICLE
Hamilton Bank
William K. Montgomery
Clark Williams
Williams
Albany
Justice Betts
Supreme Court
Kingston
Frank White
St. Joseph's Roman Catholic Church
Washington Avenue
178Th Street
The
Bronx
RULES ON SECURITIES APPRAISAL IN STATE INSURANCE
Albany authorities announce a circular by State Insurance Superintendent Otto Kelsey setting a valuation method for securities held by insurers. The plan follows guidance from the national convention in Louisville, using monthly market prices on the first day of each month and December 21, averaged over thirteen months, with exceptions allowed for exceptional facts.
MENTIONED IN THIS ARTICLE
Albany
Otto Kelsey
State Insurance Department
Kelsey
Louisville
Thomas's answer sustained in bank suit over $50,000 note
Judge Ward denied the National Bank of North America's motion to strike Edward R. Thomas's answer in a suit over a $50,000 note. The bank alleges ownership. Thomas says the note was assigned to the New York Clearing House, which would hold any right to collect. The court notes the holder's status must be proved at trial.
MENTIONED IN THIS ARTICLE
E. R. Thomas
National Bank of North America
Edward R. Thomas
Ward
United States Circuit Court
Thomas
New York Clearing House
Clearing House
Seaboard Receivers Appointed For Air Line Railway
Judge Pritchard named S Davies Warfield and R Lancaster Williams as receivers for the Seaboard Air Line Railway with $40000 bonds each. They may borrow to pay rentals and operatings, but not otherwise without court order. The action follows a Virginia suit and focuses on reorganizing finances and management, with bondholders seeking representation in Baltimore.
MENTIONED IN THIS ARTICLE
Richmond
Pritchard
United States Circuit Court
S. Davies Warfield
R. Lancaster Williams
Seaboard Air Line Railway
Seaboard Air Line
Raleigh & Caston
Raleigh & Augusta Air Line
Georgia, Carolina
Carolina Central
John S. Williams & Sons
Baltimore
Davies Warfield
Williams
Middendorf, Williams & Co
Warfield
Continental Trust Company
Seaboard
John Skelton Williams
New York
Gustavus Ober
Edwin G. Buetter
Mr. Ober
Messrs
Warfield and Williams
Lacombe
Messrs. Warfield and Williams
Virginia
Edward B. Whitney
Wall Street
Seaboarg Company
Stock Exchange
Seaboard Company
Ernst Thalmann
Ladenburg, Thalmann & Co
Blair & Co
Thalmann
Ilair-Ryan
Southern Railroads
Rock Island
Birmingham
Ala
Atlantic
Savannah
Norfolk
B. F. Yoakum
Philadelphia
New Canadian Mint Opens in Ottawa Under Lord Grey
The Ottawa ceremony marked the formal opening of Canada's new mint as Lord Grey presided. A refinery is planned in the coming months to refine gold and silver using electricity, producing the nation’s first actual coinage.
MENTIONED IN THIS ARTICLE
Ottawa
Lord Grey
Baltimore and Ohio deal for Terminal stock called off
H. S. Mott, secretary of the stockholders protective committee, announced the pending Baltimore and Ohio purchase of Terminal Railroad Co preferred stock at 25 a share had been declared off. The committee notes a lack of ratification by B&O and urges stock deposits to protect minority interests amid foreclosure and equity of about 5 million dollars.
MENTIONED IN THIS ARTICLE
H. S. Mott
Chicago Terminal Transfer Railroad Company
Baltimore & Ohio Railroad Company
Mr. Mott
Terminal Company
Baltimore & Ohio
George J. Malcom
George D. Mackay
Edward A. Morgan
Edward L. Oppenheim
James L. Laidlaw
Baltimore & Ohio Company
New York Trust Company
Trust Company
Burlington
Mott
Maritime Almanac and Wireless News Briefs
Marine intelligence provides tides and high water times at Sandy Hook and Gov Island with Hell Gate readings. Wireless reports note the Lusitania about 536 miles east of Sandy Hook at noon yesterday and expected to dock today, while the Philadelphia was 705 miles east of Sandy Hook at 5:20 p.m. yesterday and due about 2 p.m. Saturday. Celtic nearby to South Wellfleet at 90 miles.
MENTIONED IN THIS ARTICLE
A. M
Sandy Hook
Gov. Island
Hell Gate
Lusitania
Sandy Ram
Philadelphia
Sable Island
Celtic
South Wellfleet
Transpacific Mails and Island Destinations Schedule
East of Nantucket South Shoals Lightship reports docking about 3 p m today after 6 mm yesterday. Transmission lists multiple routes including Haweli Jean Cores China Pilip pine via San Francisco Nip On Glin concos with January dates and times. Hawaii via San Francisco Alameds January 13 6 p m. New Zealand Australia via San Francisco Foreric January 13 6 p m. Japan Corea China Philippine Islands via Vancouver Victoria Empress of China January 6 6 p m. Tahiti Marquesas via San Francisco Mariposa January 2 6 p m.
MENTIONED IN THIS ARTICLE
Haweli
Jean
Cores
China
Pilippine Islands
San Francisco
Hawaii
New Zealand
Australia
Samoan Islands
New Caledonia
Japan
Corea
Philippine Islands
Vancouver
Victoria
Tahiti
Marquesas Islands
Mariposa
Ae Neeneee
Shipping Roundup Arrivals and Quarantines at Bar and Ports
Shipping news lists arrivals at the Bar and overseas ports with ships including Phobus Gerp Doxrud Madet Camoens Ravelston Ciudad de Reus Prinzess Irene Delaware Montevideo Antilles City of Macon El Dorado Den of Kelly Jefferson and others. Vessels carry passengers mails merchandise and ore with quarantine notes and port calls from Bremen London New Orleans Savannah Manila and more.
MENTIONED IN THIS ARTICLE
Phobus Gerp. Sebierherst
Hamburg
Shields
Philip Huprecht
Bar
Doxrud
Antwerp
Southampton
Red Star Line
Madet
Ceara
Mamaos
Para
Booth & Co
Camoens
Belg
Penrice
Santos
Rio de Janeiro
Bahia
Barbados
Bust & Jevons
Ravelston
McGregor
Huelva
Simpson, Spence & Youns
Ciudad de Reus
Span
Chacoregin
Bia
Bermuda
Sandy Hook
Antilles
Kemble
New Orleans
Southern Pacific Co
Moise
City of Macon
Lewis
Savannah
Ocean Co
el Dorado
Woodwart
Galveston
Mdse
den of Kelly
Thomas
Manila
Cebu
Singapore
Boston
Norton & Son
City Stand
Jefferson
Dole
Newport News
Norfolk
Old Dominions Co
Pase
Ngers
M- Sendy Hook
Steamers at Foreign Ports Weathered by Mixed Transits
Shipping news lists multiple steamers and routes between New York and European or Asian ports, with departures and arrivals noted by date and time. Entries include Hamburg, Copenhagen, Naples, Genoa, Liverpool, Suez, Calcutta, Muroran, Shanghai, and Amsterdam runs aboard vessels such as Mauretania, Queen Alexandra, Oceanic, Cearense, and Prins der Nederlanden, among others.
MENTIONED IN THIS ARTICLE
Hamburg
Strathsgon
New York
Copenhagen
Sam—Helrig Clay
Dan
Christiansand
Palermo
San Giovanni
Ital
Naples
Genoa
Queenstown
Mauretania
Liverpool
Port Said
Rotenfels
Ger
Den
Ste. Suez
Queen Alexandra
Bro
Portland
Ore
Muroran
Shanghai Kutchinatta
Calcutta
Heston
London
Narragansett
Elbing
Nord America
Trai
Oceanic Bri
New Yor's
Para
Cearense
St Michaels
Prins der Nederlanden
West Indies
Venesuels
Amsterdam
Scilly
Charois
Also Mentioned on This Page
City News
Chamber For Subsidy
Pacific Mail Service
N. Y
Fred'k L. Mathez
Til
President
S. D. Warfield
R. L. Williams
Seaboard Securities
Ryan
Blair
Coolidge
Chicago
Marine Intelligence
Nantucket South Shoals
Transpacific
Léccoensereese
White Star Aeeeee
Jersey City
Bristol Laura
Gthraltar
Twtvene Rotterdam
Star
Hamb-Aer
Tine
Ob Gibraltar
Comacd ‘Arpathia
Ae Gibrattar
Arcola Nueces
Hampton
Porto Rico
Santa Marta
HambaAm Minnuehaha
Patricia Eeeeeres
St Andrew Antwerp
Rannie
Maraval
el Bigio
Puise
Friedrich
Hayt
Colon
Rio Grande
Old Common
Louis
Amerian &Dam
Hamburg-Amer
United States
Msaad
SceAm
Corenda
Argentine
Nartom
Byron
Lamp & Holt
Caracas
Caracao
Ponce
P BR
Ravan
Hlavana
Havaca
Panama
Panam
Wilhelm
Tuka Island
Clyde
Carenia
Canar
Cedric
Minneapolis
White Star
Columbia
Glasgow
Werp
Red Star
Koénigin Latee
Kroonland
Ant Naples
Lloyd
Hamamburg
Amer
Phis
Tom
Jacksonville
Denver
Jamestown
Old Dorit
Hamilton
Shipping News
Port of
Tei
Bremet
la Provence
Havre
Napolitan Prince
Patras
Ber
Dunedin
Auckland
Adelheid
Phila
Delphia
Bayamo
Havana
Tampico
Merida
Nassau
Vera Cruz
Nicholas Cuneo
Nor
Port Antonio
National Capital
Magazine OF
the Tribune
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