Business Outlook Fears Slow Recovery Through 1909
In a measured forecast, a business leader warns that improvement will be gradual and unlikely before late 1909, with 1910 and 1911 seen as banner years. He cites worn railroad equipment, political uncertainties, and cautious corporate strategy as shaping the recovery, while predicting strong steel companies and expanding industry ahead.
MENTIONED IN THIS ARTICLE
Ieee
Cecilie
United States Corporation
Mongay Jvace
Gary
Pence
Opinion Greel
United States
Bryan
Natu
Busiapey
Morse offers to pay North America National Bank depositors
Chavis W Morse stated his plan to settle depositors at par with two earlier dividends already paid. Depositors must surrender certain stock pledges, after which a check is issued from Carnegie Trust for the remaining claim. About 0.00 of the $3,000,000 bank failure remains unpaid. Large depositors hesitate to accept to avoid losing 9 to 12 months interest at 6 percent. Morse excludes interest from the offer.
MENTIONED IN THIS ARTICLE
Chavis W. Morse
National Sak of
North America
Dr. Morte
No.1
Nassau Street
Carnegie Trust Company
Assets Realization Company
Philadelphia
Morse
Mall
Westinghouse Creditors Press for Plan Assent
Merchandise creditors and stockholders committees of Westinghouse Electric issue circulars urging those who have not yet assented to the rehabilitation plan to do so before the extended deadline of September 1. Committees report progress with a large portion of creditors and a substantial but incomplete stock subscription needed to assure the plan, warning that failure could trigger foreclosures benefiting banks and other creditors. The readjustment committee notes about $9,970,000 of the $10,000,000 required has been subscribed for stock.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Industrial issue totals for six months reported
The Wall Street Journal records show 992,467,600 in combined stock and bond issues by 2nd industrial corporations in the first half of the year. Rail output is listed at 836,891,000 and Ohio/ Michigan total at 135,576.00, with 721,413.70 in note issues. The data reflects all issues sold or sent to the public, excluding authorized but not issued since January 1.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Ohpemgan
Fisheries dispute remains unsettled delaying court submission
A State Department note indicates the U S and Canada will not submit the fisheries dispute to a court this year due to treaty ratification delays. The issue may reach arbitration later, with December meetings possibly pushing Hague action to next year. Meanwhile railroad stockholders receive full subscription plus recent additions, as Illinois Central issues progress and investors pay two instalments with a 6 percent discount.
Heat Intensifies As Sun Brings Casualties Across City
A list of residents and workers from Manhattan Brooklyn and Hoboken sought hospital care after heat and sunstroke. The Health Department issued a circula r warning and advice on cooling, hydration, and urgent ambulance requests. A Brooklyn man committed suicide after days of unemployment.
MENTIONED IN THIS ARTICLE
Health Department
Two Deaths in Boston Heat Wave Report
Boston and Washington faced record heat with temperatures near 94 to 96 degrees. Two deaths and thirty prostrations were logged in Boston as residents fled the heat and many slept outdoors. Industrial shutdowns across New England accompanied the scorching day. In Philadelphia twelve died from heat, including George F. Green, who drowned after collapsing in a bath.
MENTIONED IN THIS ARTICLE
Boston
United States
Washington
Government
Mercury
New England
Philadelphia
George F. Green
Weather Bureau
Heat crisis in Newark causes deaths and factory closures
Yesterday in Newark two people died and many prostrated as heat set records. The temperature hit 8 degrees at noon while numerous factories closed. Ice dealers hiked prices from 250 to a higher amount and retailers ceased selling 5 cent pieces.
MENTIONED IN THIS ARTICLE
Newark
Railroad Earnings for 1908 and 1907 by Major Lines
A compilation of railroads earnings and metrics for the fourth week of June and the fiscal year ending June 30. Figures cover Detroit and Mackinac, Georgia Southern and Florida, St Louis Southwestern, Texas and Pacific, Louisville and Nashville, Missouri Pacific, Rio Grande Southern, Southern, Toledo, St Louis and Western, and Wabash, listing gross earnings, operating expenses, and net earnings alongside mileage where shown. The data compare periods including May, months and year totals across multiple lines.
MENTIONED IN THIS ARTICLE
Detroit & Mackinac
Georgia Southern & Florida
ST. Louis Southwestern
Texas & Pacific
Louisville & Nashville
Missouri Pacific
Central Branch
RIQ Grande Southern
Southern
Toledo
ST. Louis & Western
Wabash
Chicago Grain and Provisions Market Weakens on Liberal Cash Sales
In Chicago July 7 liberal cash house selling against new crop supports driven a weak day for wheat, corn, oats, and provisions. Wheat closed down with cautious buyers awaiting tomorrow's government report. corn and oats followed suit amid wet Midwest weather and Liverpool price signals. Provisions also softened as hog price gains faded and packing demand waned. receipts and futures prices were mixed.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Bradstreet’s
Minneapolis
Duluth
Iowa
Illinois
Indiana
Market Reports From Chicago and Kansas City Livestock Trades
Telegraph market summaries show Chicago receipts 2 500 cattle and 12 000 hogs with higher bids. Cattle top near 8 00, hogs 6 60 6 80, sheep 4 40 7 25. Kansas City receipts 7 000 cattle 8 000 hogs and 6 000 sheep with gains 10 15 cents. tops for steers around 8 00, hogs 6 60 6 65, lambs 6 75. Additional notes from Hast Buffalo and Union Stock Yards Pittsburgh report mixed results, steady to strong demand for heavy and prime categories.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
Texas
Buffalo
Union Stock Yards
Pittsburg
Valuable Ring Found Hidden in Bloomfield Cheese
Fritz Weber, a Bloomfield grocer, sold cheese to a woman who later returned claiming she found a ring in the cheese. Weber denied owning a ring, but the customer produced a three stone diamond ring valued at $1,000, found in the cheese sold earlier that day.
MENTIONED IN THIS ARTICLE
Weber
Betting probe at Kings County track under grand jury
Kings County grand jury examined witnesses about alleged betting at the race track as Acting District Attorney Elder led the inquiry. Detectives and deputies testified while bookmakers were arrested and money was reportedly seen in a suspect’s hand before both men were released by Lieutenant McGowan.
MENTIONED IN THIS ARTICLE
Kings County Grand Jury
Elder
John Ga. Cavanagh
Schuyler L. Parsons
Sheepshead Bay
William Hamilton
Anti-Policy Society
Becker
Brighton Beach
McGowan
Thomas J. Farrell
Edward E. Bleck
William J. Keeley
West 1024
Street
Walter Lennon
Pacific Street
Brooklyn
William J. McGowan
Hottest Day at Pine Camp Ends with Thunderstorm
Pine Camp New York July 7. A thunderstorm ended the hottest day soldiers have experienced since the camp opened. The thermometer rose high as a blazing sun beat down on the plains. Only those on duty ventured across the hot sand. Engineers work on a railroad called the road to Monkden to be blown up after completion. The day featured battalion drill and special tactical problems for artillery and field hospital corps.
MENTIONED IN THIS ARTICLE
Pine Camp
N. Y
U's
Corps of Engineers
Monkden
Artillery
Rail lumber shipments must use stakes on open cars
The Interstate Commerce Commission rules today uphold existing railroad safety rules requiring lumber shippers to secure loads with stakes on open cars. The decision reinforces current regulations affecting transport practices and safety compliance nationwide.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Marine Intelligence Miniature Almanac and Wireless Reports
Sun rise and set times with high water, plus wireless notices. The President Lincoln is due about 7:30 am, ships and routes listed including Sandy Hook, Gov. Island, Hell Gate, and destinations to Australia New Zealand and Pacific islands with July and August sailings Marama and Mariposa via Vancouver, Victoria, and San Francisco.
MENTIONED IN THIS ARTICLE
A. M
Sandy Hook
Gov. Island
Hell Gate
President Lincoln
Nantucket
New York
Australia
New Zealand
Samoan Islands
Fiji Islands
New Caledonia
Vancouver
Victoria
Marama
Hawaii
Japan
Corea
China
Philip—pine Islands
San Francisco
Coco
Tahiti
Marquesas Islands
Mariposa
Shipping News Arrivals and Departures at Sea
Shipping notes list numerous steamers arriving or leaving ports on a July sequence. Vessels include City of Atlanta, Californian, Ryndam, Denver, Rio Grande, Monroe, Carpathia, Hughenden, Julia Luckenbach, Saratoga, Kronprinz Wilhelm, Sarnia, Princess Alice, and more with destinations from Savannah to Rotterdam. Bar arrivals noted with times and cargoes or passenger counts. weather at Sandy Hook recorded.
MENTIONED IN THIS ARTICLE
Lucania
Liverpool
Cunard
Teutonic
Southampton
White Star
Aurora
Curacoa
Anssas Cuales
T de Larrinaga
Argentina
Maraval
Grenada
Trinidad
E Friedrich
Haiti
Hamb-Am
Hyades
Houston
Alliance
Colon
Panama
Seminole
Turks Island
Clyde
New Amsterdam
Rotterdam
San Marcos
Galveston
Mallory
la Touraine
Havre
French
Baltic
Alier
St Kitts
Moltke
Algonquin
Jacksonville
Atlanta
Savannah
Savanna
Grecian Prince
Bahia
Prince
Vigilancia
Nassau
Ward
Hugin
Cienfuegos
Rio Grande
Tampa
Mallor x
City of Atlanta
Smith
Californian
Freeman
Puerto Mexico
Delaware
American Hawaiian Line
Mdise
Bar
Fl Valle
Patten
Southern Pacific Co
Ryndam
Bruinsma
Boulogne
Holland-America Line
Moise
Denver
Staples
Key West
Mallory Se Co
Risk
Mobile
Monroe
Hulphers
Newport News
Norfolk
Old Dominion Ss Co
Carpathia
Trieste
Fiume
Palermo
Naples
Gibraltar
Cunard Ss Co. Ltd
Hughenden
Jones
Santos
Rio de Janeiro
J C Seager Co
Julia Luckenbach
Connell
Mayaguez
Ponce
Arroyo
Naguabo
Humacao
San Juan
Insular
Saratoga
Downs
Havana
New York & Cuba Mail
Kronpring Wilhelm
Ger
Nierth
Bremen
Cherbourg
Oelrich & Co
Steaner Sarnia
Meisner
Kingston
Port Simon
Hamburg-American Line
Princess Alice
Polack
Oelrichs & Co
Sandy Hook
Joseph di Giorgio
Nor
Port Antonio
Brooklyn City
Bristol
Fernfield
Baltimore
Huron
Charleston
Aragon
Georgetown
Manna Hata
Philadelphia
Ships Passing Through New York Port Unknown Dates
Maritime list of vessels with origins destinations and routes ranging from Queenstown Plymouth Hull Bremen La Plata Durban Singapore Hong Kong and more. Ships Gloucester Bristol crewing passenger lines and cargo movements noted with ports New York Plymouth Cherbourg Shanghai Hong Kong and others.
MENTIONED IN THIS ARTICLE
Queenstown
Campania
New York
Liverpool
Plymouth
Patricia
Cherbourg
Hamburg
Hull
Alecto
Natal
Dunblane
Shanghai
Bremen
Kaiser Wilhelm der Grosse
Ger
la Plata
Charone
Aden
Singapore
Hong Ko
Indramayo
Barbados
Atrato
Southampton
Vigo
Colon
Antwerp
Kroonland
Dover
Fremantle
Kilkerran
St Vincent
C VY
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Ng Gates
National Bank of North America
Westinghouse
SIOCK
I. E
Erg
Ailiesin
Illinois Central
Eastern District Hospital
Bennett
Mary
East 181St Street
Harlem Hospital
Bergin
Michael
East 34Th Street
Bellevue Hospital
Boylan
Harry
Third Avenue
Brady
John
Bushwick Avenue
Surf Avenue
West 12Th Street
Coney Island
Brown
William
First Avenue
East 46Th Street
Flower Hospital
Carrol
Thomas
van Dyck Avenue
Cherwich
George
Gansevoort Street
Pier 36
North River
St. Vincent's Hospital
Cleary
Ellen
West 66Th Street
Roosevelt Hospital
Cohen
Samuel
Flushing Avenue
Culpepper
Edward
West 46Th Street
Cunningham
James
West
Houston Street
Darrady
Peter
North Sun Street
Dofghan
Hamilton Avenue
Doherty
Water Street
Donohue
Southern Boulevard
Lincoln Hospital
Dunn
Glebe Avenue
Glebe
Westchester Avenues
Fachnet
Louis
Cannon Street
Fleischman
Vincent
East 169Th Street
Lebanon Hospital
Garrady
North Sth Street
Williamsburg Hospital
Galbraith
Summer Avenue
Sea Side Park
Gordac
Philip
South Street
Broad and
South Streets
Hudson Street Hospital
Haviland
Andrew
Brook Avenue
Hprstand
Herman
West 58d Street
West 27Th Street
West 62d Street
Kren
David
Manhattan Avenue
Frances
Libby
G. H
Astor House
Long
Emma
No. 56
Market Street
Gouverneur Hospital
Malstoni
Prospect Street
Brooklinn
Rooklin Hospital
McArthy
Fast 49Th Street
McEiverett
White and
Centre Streets
McKenna
Patrick J
East 14Th Street
Montgomery
Hugh
Sycamore Street
Cumberland Street Hospital
Lexing- Morse
Ralph
50Th Street
Ten Avenue
Tineer Hosnital
Raves
Nolan
West 90Th Street
J. Hood Wright Hospital
O'Hara
West 47Th Street
Regan
Patrick
Linden Street
Rockaway Avenue
New Lots Road
St. Mary's Hospital
Roth. Daniel
East 91St Street
Lexington Avenue
Presbyterian Hospital
Ruben
Pearl Street
Russell
Summit Street
Erie Basin
Seeney
Sth Street
Fifth Avenue
Silonis
Antonio
E6th Street
Windsor Place
Simon
Sigmond
East 127Th Street
Greenwich Street
St. Vincent’s Hospital
Walsh
Wythe Avenue
Flatbush Avenue
Kate
Ist Street
Weirich
Leonore
Vernon Avenue
Long Island City
St. John’s Hospital
Weisman
New Brunswick
N. J
Sath Street
Seventh Avenue
Willett
Weailmus
Fensonhurst
Blauvelt
No. 1218
41St Street
Morris Fine
East 123d Street
Mildred Harris
Rockaway and
Blake Avenues
Brownsville
State Bank
Stone and
Pitkin Avenues
Chafe Becker
Powell Street
Kings County Hospital
Brooklyn Navy Yard
Brooklyn Rapid Transit Company
George Grady
Grady
Chicago Grain and Provisions
Telegraph
Marine Intelligence
Transpacific
Panama ‘Woglinde
City of Savannah
Everett
Barry
SG Lloyd President
Lincoln Plymouth
Hamb-Am Prinzess Alice
N G Lloyd Gunther
Hamb-Am Apache
Lusitania
Adriatic
Parima
St Thomas
Quebec
Orinoco
Umbria
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Red Cross
Cedric
Kenig
Albert
G Lloyd Iroquois
Jacksonvile
Shipping News
Port of
Brazil
Tennyson
Jelunga
Tank
Burnt Island
Polarstjernen
Dan
Hudson
Halle
Algeria
Maracilloa Leghorn
Irvingsstronos
Chambers St
W. H. B. Totten
George B. Dunning
H.e.tener,jr
Union Square Savings Bank
Savings of Merchants’ Clerks
No. 20
Union Square
Frank M. Hurlbut
WM. H. Rockwood
John T. Weeks
W. Emlen Roosevelt
Citizens’ Savings Bank
Bowery, Cor. Canal ST
Bank For Savings
City OF
Fourth Avenue
Board of Trustees
Walter Trimble
Charles A. Sherman
James Knowles
Broadway
6Th Avenue
Greeley Square
Charles E. Sprague
Francis M. Leake
William G. Ross
East River Savings Bank
Dick S. Ramsay
Chas. A. Whitney
NEW York Savings Bank
N. W. Cor
14Th St
8Th Avenue
William Fellinger
James J. Wandling
Archibald M. Pentz
Greenwich Savings Bank
Ss. E. Cor
6Th Ave
16Th St
Payanie Surga
James Quinlan
Earles M. Dutcher
Treas
J. Hampden Robb
Francis M. Bacon, Jr
North River Savings Bank
34Th St. Bet
6Th Aves
Samuel D. Styles
Frederick N. Cheshire
Charles F. Turton
Berlitz School OF Languages
Madison Square
Harlem
Lenox Ave
127Th St
Court St
Asbury Park
Phila
J_ SHORTLIDGE
Yale
Concordville
East Greenwich Academy
East Greenwich
R. 1
Charles Alford Stenhouse
Schoo Agency
Park Row
RYE Seminary
S J. Life
Misses Stowe
Rye
American and Foreign Teachers’ Agency
M J Young-Fulton
Charles H. Beckett
County of
William Bartels
County of New York
Ferdinand Bartels
Greenwicc Street
Borough of Manhattan
City of Newark
Teb Beardsley
Alta
Andes Belcher
Best & Belcher
Cal
Va- Con
Eeees Gould & Curry
Cereee
Csereee
Hale & Norcross
Kentucky
Occidental
Savage OE
Sierra Nevada
St Loui Bal Union
Utah
Canada
S. S&s
Bermuda
Aus
THOS
Cook & Son
Madison Ave
Fifth Ave
Lake Hopatcong
Liberty ST
Mauch Chunk
Glen Onoko
Cts
West Point
Newburgh
Poughkeepsie
Aloany
Brogses St
Mary Powell
Desbrosses St
W. 129Th St
Albany
West Shore
Str
H. R. H. Prince of Wales
Long Island Sound
Norwich
Clarkson St
New London
Fisher's Island
Stoningtays
Strivea_Pier
East
Manhattan
22Nd St. North River
Gramercy
Red Bank
Ee — Ss - Utpreme Court
New York County
Guardian Trust Company of New York
Mogellon Mountains Investment Company
Exchange Sales Room
Vesey Street
Borough of
Joseph P. Day
Little Fannie Mining Company
Mineral Creek Milling Company
Silver Creek Mining Company
Mogollon Mountains Investment Company
Roy M. Robinson
Grattan Colvin
Rearays Borough of
New York City
N.Y
Fort Wood
U. S
G. ©. Burnell
Consig Qr
Panama Rail Road Company
State Street
Curren
F. C. Nordsiek
State OF
Grace of God
Francis Asbury Palmer
Cecelia Palmer
Sylvester D. Husted
David E. Miles
James R. Palmer
William B Anderton
Elizabeth P. Anderton
Woodlawn Cemetery Association
Palmer Christian College
Union Christian College
Trustees of Hamilton College
Congregational Sunday School and Publishing Society
Westchester County
Elon Goliece
Chapin Home
City of New York
Frechytersem Church of
Bedford
Roderick J. Kennedy
Francis P. Kennedy
Francis A. Palmer
New
Hall of Records
Charles J. Day
William , Abbott
Jehard
Kelly
Hon
Abner
Daniel J. Dowdney
Surrogates’ Court
Supreme Court
Ethel Bohnett
Philip Bohnett
Henry Bischoff
State of New York
Ied