Plans for electric line to Port Chester via multiple railways
President Mellen of the New York, New Haven and Hartford explains plans to build and operate an electric line from New York City to Port Chester. The New Haven road would own Millbrook and control the Port Chester and Westchester railways, potentially merging routes under a single charter. Delays stem from property owners' opposition and stockholder lawsuits, with progress tied to charter validity and court rulings.
MENTIONED IN THIS ARTICLE
Mellen
New York
Board of Estimate
Port Chester
Westchester
New Haven
Westchester Company
Haves Road
Millbrook Company
Compa
Harlem Hiver
Port Chest
New York & Port Chester Railroad Company
New York, Wesechester & Boston Heailway Com
New York, New Haven & Hartford Company
New York, Westchester & Boston Railway Company
177Th Street
New York & Port Chester Company
Bronx
New York, New Haven & Wartford Railroad Company
City
Port Chester Company
City Line
Court of Appeals
Charles F. Brown
Arabelle D. Huntington
Public Service Commission
Reni
Metz Attacks Broadway Lexington Subway Dream
Controller Metz criticizes the Broadway Lexington Avenue subway plan as financially unviable while praising the Fourth Avenue Brooklyn route where funds were already approved by the Board of Estimate. Public Service Commission chair Willcox says bids will wait on draft changes and denies claims the Broadway line would derail the Fourth Avenue project. An Interborough extension along Seventh Avenue could proceed with a franchise and city ownership eventuality.
MENTIONED IN THIS ARTICLE
Metz
Broadway
Old Rapid Transit Commission
Board of Estimate
Elsberg
Willcox
Public Service Commission
Avemue
Lexington Avenue
Seventh Avenue
Queeterday
Interborough
City News In Brief Returns to Court and Events
Justice Davis refused to vacate the arrest order for Allan H Pirie awaiting the outcome of a wife s suit for separation. A West Side YMCA motor boat school opening will feature W B Stevens. Waiter Frederick F Williams was discharged for lack of evidence in a Hotel Victoria Annex theft case. The New York County Civil Employes Benevolent Association holds a reception at Lexington Opera House inviting Mayor McClellan and city officials. John Graham Brooks lectures on human hatreds at Hudon Theatre. A broker Jen P Persch sues banker Frederick Rei. defendant filed a denial. The fourth lecture in CCNY political science series by Professor Seligman on the railway situation set for January 6.
MENTIONED IN THIS ARTICLE
Justice Davis
Supreme Court
Allan H. Pirie
Nassau County
Hazel B. Pirie
West Side
Young Mens Christian Association
Association Rooms
West Sidh Street
W. B. Stevens
Frederick F. Williams
Mary Heink
Hotel Victoria Annex
Jefferson Market Court
New York County Civils
Lexington Opera House
McClellan
John Graham Brooks
Hudson Theatre
League For Political Education
Jen P. Persch
Frederick Rei
No. 12
Broadway
College of the City of New York
Edwin KR. A. Seligman
Columbia University
Chamber Debates Subsidy for Pacific Mail Ships
The Chamber of Commerce discussed a bill to fund an ocean mail service by the Postmaster General for Pacific and South Atlantic routes via South America. They urged broader New York harbor terminal improvements and East River development, and noted a National Council of Commerce plan while noting the chamber cannot join. Edward King became VP. William Nash chairs finance and currency. 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
North River
East River
Navy Yard
Long Island Sound
Hell Gate
Mr. Schwab
Straus
Department of Commerce and Labor
Washington
Secretary of Commerce and Labor
National Council of Commerce
State Department
Schwab
National Council
Edward King
D. Willis Jamnes
William A. Nash
Dumont Clarke
Morris K. Jesup
Chamber
Costly receivership ends with six-cent payout to stockholders
After seven and a half years in receivership Republic Savings and Loan Association assets fell from 1,086,000 to 30,600. Stockholders to receive 6 cents on the dollar as referee Alexander McKinny files the report in Brooklyn.
MENTIONED IN THIS ARTICLE
Republic Savings and Loar Association
Brooklyn
Justice Betts
Supreme Court
Otto Kelsey
Edward C. Riggs
State Banking Department
Alexander McKinny
New York State
Southern iron war threatened by price dispute
Representatives of Republi Iron and Steel, Tennessee Coal and Iron, Sloss Sheffield, and Alabama Consolidated Coal and Iron met to fix pig iron at 14 dollars per ton. Outside rivals selling at 13 halted the accord, with Sloss Sheffield reportedly threatening to drop out and sell at 12. A price war could push the market to 10 dollars. efforts were aimed at keeping Sloss Sheffield bound to the agreement.
MENTIONED IN THIS ARTICLE
Republi Iron and Steel Company
Tennessee Coal and Iron Company
Sloss-Sheffield Steel and Iron Company
Alabama Co Idated Coal and Iron Company
Sloss-Sheffield Company
City Railway receivers default on dividends for subsidiaries
The New York City Railway Company receivers report defaulted dividends on capital stock of several subsidiary lines due January 1, caused by lack of money rather than a wish to sever ties. Stockholders can sue only after a month of default. Dividends unpaid on Sixth Avenue at 7 percent, Broadway Seventh Avenue at 10 percent, and Eighth Avenue at 16 percent.
MENTIONED IN THIS ARTICLE
New York City Railway Company
Ines
New York City Railway
Sixth Avenue Line
Broadway
Seventh Avenue
Eighth Avenue Line
Frede L Mathez Dies Suddenly in Hotel Walton
Frederick L Mathez aged sixty a former partner at Andrew McKinney Co died of natural causes in his apartments at the Hotel Walton 14 West 70th Street yesterday after a drug store episode in the hotel. Coroner Harburger concluded death was natural. He had been a notable Wall Street figure formerly with the brokerage firm.
MENTIONED IN THIS ARTICLE
Frederick L. Mathez
Andrew McKinney & Co
Walton
West 70Th Street
Mathez
Harburger
Wall Street
Mutual Reserve Fight Over Insolvency Claim Flares Up
Archibald C. Haynes, president of Mutual Reserve Life Insurance, vows to take the case to the U S Supreme Court if the Attorney General accepts the state examiners report deeming the company insolvent. He argues the firm is mainly an assessment company, with ample assets and a large old line reserve, and accuses examiners of misclassifying its business. The dispute centers on whether the company can survive as an assessment insurer while meeting legal reserve requirements and handling a sharp leasehold valuation shift in 1907.
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
Mr. Haynes
Nelson B. Hadley
Charles Hughes
Kelsey
Broadway
Insurance Department
Battery
Detment
Williams mum on Hamilton Bank reopening
The Hamilton Bank postponement to Monday drew little depositor concern as president William E. Montgomery pledged no hitch upon resumption, while State Superintendent Clark Williams has not stated a position. Supreme Court Justice Betts discharged the receiver Frank White with a $10,000 allowance and $5,000 for his counsel. A depositors meeting is set for 8 pm at St Joseph's Hall in The Bronx, organized by the twenty one member committee.
MENTIONED IN THIS ARTICLE
Hamilton Bank
William E. Montgomery
Clark Williams
Williams
Albany
Justice Betts
Supreme Court
Kingston
Frank White
St. Joseph's Roman Catholic Church
Washington Avenue
118Th Street
The
Bronx
Baltimore
R. Lancaster Williams
S. Davies Warfield
Seaboard Air Line Railway
Richmond
Middendorf, Williams & Co
Warfield
Continental Trust Company
Seaboard
John Skelton Williams
Seaboard Air Line
New York
Gustavus Ober
Edwin G. Baetjer
Mr. Ober
Messrs
RULES ON SECURITIES APPRAISAL
Albany officials outline a method for insurer asset valuation based on monthly market prices. Superintendent Otto Kelsey directs firms to compute a yearly average from the first day of each month and December 31, applying departures only in exceptional cases.
MENTIONED IN THIS ARTICLE
Albany
Otto Kelsey
State Insurance Department
Kelsey
Louisville
Ed ward R. Thomas case ruling sustains bank's answer
Judge Ward denied the National Bank of North America to strike out its answer in the suit over a $50,000 note. The bank contends it no longer holds the note, now claimed by the New York Clearing House, with the bank’s possession questioned amid recent financial trouble and a demand for payment refused by Thomas.
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 Air Line receivers appointed in Richmond
Judge Pritchard named S Davies Warfield and R Lancaster Williams as receivers for the Seaboard Air Line Railway with bonds at 50000 each. They may borrow to pay rent and buy cars while preserving the first mortgage bond interests and fasten a path to reorganization amid 1907 figures showing earnings around 15000000 and a large debt burden.
MENTIONED IN THIS ARTICLE
Richmond
Pritchard
United States Circuit Court
S. Davies Warfield
R. Lancaster Williams
Seaboard Air Line Railway
Seaboard Air Line
Raleigh & Gaston
Raleigh & Augusta Air Line
Georgia, Carolina
Carolina Central
John $. Williams & Sons
R. L
Lacombe
Messrs. Warfield and Williams
Virginia
Edward B. Whitney
Wall Street
Seaboard Company
Stock Exchange
Ernst Thalmann
Ladenburg, Thalmann & Co
Seaboard
Thalmann
Blair-Ryan
John Skelton Williams
Southern
Rock Island
Birmingham
Ala
Atlantic
Savannah
Norfolk
B. F. Yoakum
The
Continental Trust Company
Philadelphia
New Canadian Mint Opens Under Lord Grey
Ottawa reports the new Canadian mint was formally opened by Lord Grey on January 2. A refinery is planned for the coming months. Electricity will power the refining of gold and silver. The mint produces Canada’s first actual coinage.
MENTIONED IN THIS ARTICLE
Ottawa
Lord Grey
Terminal stock sale to Baltimore & Ohio off amid litigation
H. S. Mott announced the Baltimore & Ohio plan to buy the terminal's preferred stock at 2 percent had been declared off. The minority stockholders won’t lift the lease invalidation suit while the protective committee seeks deposits and reorganization plans, citing an equity of about 8,000 dollars after liens.
MENTIONED IN THIS ARTICLE
H. S. Mott
Chicago Terminal Transfer Railroad Company
Baltimore & Ohio Railroad Company
Mr. Mott
Terminal Company
Baltimore & Ohio
Protective Committee of the
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
Marine Intelligence Miniature Almanac Item
Marine intelligence notes sun rise and set times and high water marks for Sandy Hook Gov Island and Hell Gate. Wireless reports place the Lusitania 536 miles east of Sandy Hook at noon yesterday and expected to dock today, while the Celtic was 90 miles south of Wellfleet.
MENTIONED IN THIS ARTICLE
Sandy Hook
Gov. Island
Hell Gate
a.Gov. Island
Lusitania
Sandy Ccm
Cps Philadelphia
Sable Island
Sandy Hecok
Celtic
South Wellfleet
Nantucket Lightship expected to dock today at three
A Nantucket South Shoals Lightship reported at 1 pm yesterday is anticipated to dock about 3 pm today. The note also lists Transpacific Mails routes with Honolulu Japan Corea China and Philippine Islands via San Francisco and Vancouver with schedules around January 6 13 and 15 on vessels including Nippon Maru Foreric and Mariposa Empress of China.
MENTIONED IN THIS ARTICLE
Nantucket South Shoals
Hawai
Japan
Corea
China
Philippine Islands
San Francisco
Hawaii
Alameda
New Zealand
Australia
Samoan Islands
New Caledonia
Vancouver
Victoria
Pandeleeddecssanacs
Tahit
Marquesas Islands
Mariposa
Shipping News Arrivals and Quarantine at Sandy Hook
A long list of steamers arriving or passing Quarantine at Sandy Hook includes Phobus to Philip Ruprecht, Kroonland to Red Star Line, Madeirense to Booth & Co, Camoens Berg to Bust & Jevons, Ravelston to Simpson Spence & Young, Ciudad de Reus to master, Prinsess Irene to Odrichs & Co, Delaware to Philip Ruprecht, Montevideo to Compania Trasatantica, Antilles to Southern Pacific Co, City of Macon to Ocean SS Co, El Dorado to Southern Pacific Co, Den of Kelly via Boston to Norton & Son, Jefferson to Oldside, with various passengers, mails, and merchandise. several vessels in quarantine or arriving off Sandy Hook.
MENTIONED IN THIS ARTICLE
Phobus
Ger
Schierhorst
Hambure
Shields
Philip Ruprech
Bar
Kroonland Doxrud
Antwerp
Southampton
Red Star Line
Madeirense
Pontet
Maranhan
Ceara
Manues
Para
Barbados
Booth & Co
Camoens
Berg
Penrice
Santos
Rio de Janeiro
Bahia
Bust & Jevons
Ravelston
McGregor
Huelva
Simpson, Spence & Young
Ciudad de Reus
Span
Chacoregia
Bia
Bermuda
Prinzess Irene
Petersen
Bremen
Odrichs & Co
Delaware
Cabot
London
Philip Ruprecht
Montevideo
Oyarbide
Vera Cruz
Compania Trasatantica
Sandy Hook
Antilles
Kemble
New Orleans
Southern Pacific Co
Mdse
City Stand
Jefferson
Dole
Newport News
Norfolk
Barbarossa
Bremer
la Provence
Havre
Napolitan Prince
Patras
Naples
Abercloar
Dunedin
Auckland
Adelheid
Philadelphia
Bayamo
Havana
Tampico
Merida
Nassau
Vera
Nicholas Cuneo
Nor
Port Antonio
City of Atlanta
Savannah
Princess Une
Maritime Passenger Movements and Ship Routes Listed
A compiled list shows ships sailing and arriving between New York and European ports with dates in late December and early January. Vessels include Mauretania Bay Queenstown Dorsten Rotenfels Elbing Nord America Oceantec Cearense Prins der Nederlanden Charois and others en route to or from New York via Liverpool Boston Amsterdam and the West Indies.
MENTIONED IN THIS ARTICLE
Iver
Hamburg
Strathsgon
New York
Copenhagen
Hellig Olav
Christiansand
Palermo
San Giovanni
Ital
Naples
Genoa
Queenstown
Mauretania Bay
Liverpool
Port Said
Rotenfels
Ger
Den
Suez
Queen Alexandra
Portland
Ore
Vis Mureran
Shanghai Kutchinotzman
Calcutta
Boston
London
Narragansett
Elbing
Nord America
Tral
Oceantec
S. Para
Cearense
ASSED
St Michaels
Prins der Nederlanden
New Yorks
West Indies
Venezuela
Amsterdam
Scilly
Jan
Charois
Also Mentioned on This Page
Port Chester Roads
Broadreay
City News
Chamber For Subsidy
Pacific Mail Service
Republic Savings
Frede L. Mathez
Til
President
S. D. Warfield
R. L. Williams
Seaboard Securities
Seaboard Aire
Ryan
Blair
Coolidge
Chicago
Marine Intelligence
Transpacific
Oeere S
Lusitanene Eeeae
Cwmart
Jersey City
Swansea
Laura
Gibraltar
Austrian
Rotterdam
Ibraltar
Hamb-Am Carpathia
Cunard Arcola
St Michael's
Nueces
City of Columbus
el Este
Friedrich
Venetia
Colon
Wilhelm
Jamaica
Hambam MN Dam
Cherokee
Island
Clyde
Carenia
Canar
Minneapolis
Atlan
Cedric
White Star
Columbia
Glasgow
Anchor
Star
Kroonland
Lloyd
Kénigin Latse
Pretoria
Iroquois
Jacksonville
Galveston
Enone
Jamestown
Old Dominion
Hamilton
Old
Apache
Shipping News
Port of
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