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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jan 03, 1908

Page

7

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 Magazine OF the Tribune
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