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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jul 09, 1908
Page
14
Feels Jael stock prices surged with notable gains across the industry. The preferred reached a high of 108 percent, a record since 1996, while common shares rose as well. Industry observers noted strong orders and rising operational activity across steel firms, with several mills restarting and plans to expand output.
Alert W Bailey Henry H Meyers and Captain Jed Oxley co owner master and consignee of the Goldsboro were arraigned before Commissioner Alexander in this city after being brought from Honduras. Bail set at 3900 for Oxley and Meyers, Bailey held in jail. Examination adjourned to July 12. Authorities describe cargo valued around 100000 obtained on false pretenses and plan to return vessel and merchandise to the United States under Export Shipping Company care.
Mobile reports engineer Neal Altman describes a raid on the British steamer Goldsboro near Port Ceiba. He says more than 200000 dollars in gold remained in the hold while the Baileys of New York and other crew members reportedly purchased land in Honduras in the names of several onboard participants.
In Newark and Chicago, receivers for Pope Manufacturing seek court approval in Connecticut to pay dividends to allowed claimants. The petition requests funds to satisfy claims and potential garnishments as part of the ongoing receivership process. The case notes Pope Manufacturing entered receivership years ago and remains under court oversight.
Washington reports July 1 crop conditions with spring wheat at 89.4 percent of normal, winter wheat 80.6 percent, and corn 2.8 percent. Acreage tallies rise, oats remain strong, and tobacco flax and hay show mixed standings as Henry Heinzer projects sizable future yields for winter and spring wheat, and corn potential remains the year's highlight with an outlook near record levels.
The Interstate Commerce Commission said it will not issue a broad order reducing thousands of rates without a specific complaint and supporting evidence. In National Petroleum Association v Ann Arbor Railroad and others, the commission found insufficient proof of against whom an order should be issued or that the classification was unduly discriminatory, and dismissed the complaint without prejudice.
Ninety Chinamen, the largest group deported from El Paso at one time, were sent west today to be returned to the Orient. Government costs rise to about $18,000 for the voyage home. About as many more remain in jail on the border awaiting deportation.
A stockholder in the old Cleveland Electric Railway sues to annul a lease to Municipal Traction, saying two-thirds stockholders did not consent. AT&T finishes a Kansas City to Denver line, first of its kind. W R McKeen leaves Union Pacific to run McKeen motor car shops in Omaha with $1,000,900 capital. Pittsburg Buffalo Coal contracts go to Westinghouse and locals for a $3,000,000 project to build a new mining town of about 15,000. delivery starts by August 1. Federal Judge Lurton denies a rehearing in a distillery branding and marking suit.
A dated update lists gross earnings and net earnings for multiple railroads including Central of Georgia Illinois Central Yazoo & Mississippi Valley Rock Island and others. Figures cover monthly and year to date periods with totals for all companies.
The excerpt lists officers Levi P. Morton president and vice presidents William D. Sloane Cecil D. Landale James M. Pratt and Walter Meacham as assistant secretary. It shows large sums including 16 225 641 10 and 1 000 000 00 with accruals and interest figures amid ledger style figures.
A conference of yellow pine lumbermen named a permanent committee with F. E. Weyerhauser Jr. of St. Paul as chairman to organize a $200 million holding company for timber owners and lumber manufacturers. Pine stumpage valued at $3 per thousand feet. Merger spans Arkansas, Texas, Louisiana, Mississippi, and Alabama. other committee members not disclosed.
Hartford officials announce Edward C. Frisbie of Hartford and Sidney Mitchell of Chicago named receivers for United Boxboard and Paper Company by Judge Platt in federal court. The firm, organized in New Jersey, plans a stock assessment to fund reorganization, with reports noting $7 per share on preferred and $140 on common stock to raise $1,000,000. A plan to reduce capital via new stock exchange could shrink total capital from 28.97 million to about 14.31 million.
Marine details list sunrise and sunset times with moon phase, followed by high and low water at Sandy Hook Gov Island and Hell Gate. Wireless reports note Umbria, Cedric, and Adriatic positions east of Sandy Hook with expected dock times early morning to afternoon.
The notice outlines mail steamers and sailing legs from New York to Australia New Zealand the Samoan Islands Fiji Islands and New Caledonia via Vancouver Victoria and San Francisco. It also lists calls to Hawaii Japan Corea and China via San Francisco and Tahiti Marquesas via San Francisco with ship names Marama and Mariposa and departure times in July and August.
Shipping news lists steamers arriving or leaving ports including Steamer Ogeechee from Brunswick with 4 July quarantine, Steamer President Lincoln Hamburg with 269 cabin 186 third class and 350 steerage passengers, Steamer Gunther Santos with 22 passengers, Finance Cristobal with 88 passengers, Olinda Gibara with multiple Cuban ports, Apache Jacksonville Charleston with quarantine, Alice Baracoa with 2 passengers and fruit, Pawnee Philadelphia, Massachusetts Boston, Konig Albert Genoa Naples Gibraltar with 145 cabin and 197 steerage, Hamilton Newport News Norfolk, Nicholas Cuneo Port Antonio with fruit, and notes Sandy Hook signals and long list of vessels abroad.
An overview lists numerous global locations tied to historic maritime routes. Places include Flushing, Puerto Cabello, La Guayra, Maraval, Grenada, Trinidad, Yokohama via Malta, and Cape Town among others, with ships and colonies connected across Atlantic and Pacific theaters.
A compact register shows ships in port and sailing from July 3 to July 9. Vessels include Campania Oceanic Patricia Hellig Clay Barbarossa Mereddio Harburg Kaiser Wilhelm II Carmania Louisiana Trinidad Argenfels Dunblane Ayala Buffalo and others bound for New York or via European and Atlantic routes with calls at Cherbourg Plymouth Liverpool Hamburg Copenhagen and more.
Receipts total 74 cars including 47 direct to slaughterers and 27 to market flagging a decline across steers, heifers, and common grades. Beef market dull, with domestic and Liverpool trade steady. milch cows scarce and calves active with higher bids. Sheep and lambs firm, hogs weak to 1 1/2 cents lower amid continued market softness.
A compact list shows various preferred and common stock quotes including American Can Company Kansas City Railway and Light preferred at 74 with 56 percent, National Biscuit at 85, Booth Packing at 964, National Carbon at 68, Box Board tied to Quaker Oats at 98 with 3 percent, Streets Stable Car at 29, Central On Telephone at 139 percent and 87 percent, Commonwealth Edison at 101, Subway in Chicago Title and Swift at 101 percent, and Diamond Match at 131.
The City Record from July 8 to 22 1908 lists assessments entered by the Board of Assessors for local improvements in the Bronx 24th Ward and Queens 1st and 2nd Wards including street grading curbing paving and flagging on Grand Avenue Willow Street 5th Street Madison Avenue Grove Street and more. Also notices of Surrogates orders regarding Matilda A Elder and obituaries of executrices Annie E Munn and Adaline M Peters. Proposals for miscellaneous railway supplies and ballast cars by Panama Railroad Company with bidding dates in July and August 1908.
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