Bankers Plan Foreign Money Orders Expansion
The American Bankers Association plans to extend money order services abroad and compete with express companies. Thomas Q. Lamont of Bankers Trust traveled to Europe to arrange foreign partnerships while U S banks aim to cash money orders through every association member, currently ten thousand strong. The move seeks to dominate both international and domestic money order business, with Bankers Trust as redeeming agent and American Surety Company's scrutiny before approving new issues.
MENTIONED IN THIS ARTICLE
American Bankers’ Association
Yesterdas
Thomas Q. Lamont
Bankers’ Trust Company
Europe
Grio Bs
American Surety Company
Hog prices hit record in Chicago as supply tightens
In Chicago on July 18 prime hogs sold at 7 a hundred pounds, the highest price of the year. Experts cite corn scarcity and thinner receipts than a year ago as drivers of the advance, noting last year saw a false peak at 7. The market is expected to hold at high levels for six months or more as hog supply remains tight.
MENTIONED IN THIS ARTICLE
Chicago
Not One Sale on Coffee Exchange Shows Market Freeze
Not a single sale was recorded yesterday on the New York Coffee Exchange floor marking the first blank board in five years. Earlier, Santos coffee for valorization faced deterrents as speculators paused, while Braxdam cargoes on a cif basis saw only small deals. High prices and uncertain demand kept traders nationwide cautious awaiting developments.
MENTIONED IN THIS ARTICLE
New York Coffee Exchange
Santos
Braxdam
Non Member Banks Weekly Averages Listed
The weekly statement of averages of banks in New York City Brooklyn Jersey City Hoboken and Staten Island that are not members of the New York Clearing House Association but clear through some members is issued.
MENTIONED IN THIS ARTICLE
New York City
Brooklyn
Jersey City
Hoboen
Staten Island
New York Clearing House Association
Express rates on furs cut to lower inland export route
Washington July 13 the Adams American PBanked States and Wells Fargo express companies ordered to reduce the rate for fur shipments in boxes and bales from St Paul to New York City from 8 3 to 5 1 per hundred pounds effective August 4. Joseph Ultman protested excessive rates and the order extends inland export rate to him for slippers.
MENTIONED IN THIS ARTICLE
Washington
Wells Fargo Express
St. Paul
New York City
Joseph Ultman
Rumors Stir Over Baron & Maine Stock Sale Details
Contested sale of Baron and Maine stock by New York New Haven and Hartford is challenged as a liquidations dodge. Reports persist that John L. Billard holds the stock for the New Haven or another line with sources denying any final acquisition by Delaware Hudson or Boston and Maine dock holdings.
MENTIONED IN THIS ARTICLE
Charles 5
Melv Wn
New York, New Haven & Hartford Railroad Company
Baron & Maine
Wall Street
Besf
John L. Billard
New Haven
Dela Mire & Hudson
Mitares
Boston & Maine
Bilard
Ict
Gres Yeswercay
Settlement Ends Iron and Tin Workers Strike in Midwest
Tomestown Ohio reports a settlement reached Saturday night between the Western Bel Front Association and the Amalgamated Association of Iron Steel and Tin Workers and the MAR Scale for the year ending June 20. Wages for puddlers cut 5 percent and finishers about 2 percent. Work to resume in the district.
MENTIONED IN THIS ARTICLE
Tomestown
Ohio
Pennsylvania
Wisomtin
Mich Zun
Missouri
Detroit
Western Bel Fron Association
Iron Steel and Tin
Ili
Lackawanna County Cuts Coal Land Tax Assessment
Scranton July 18 Lackawanna County reduced the coal land assessment for taxation to 2 dollars per foot from a higher value, cutting the total increase to about 4 million dollars. The coal companies may appeal to the state Supreme Court if the decision stands.
MENTIONED IN THIS ARTICLE
Scranton
Penn
Lackawanna County
State Supreme Court
Stockholders Vote to Dissolve Securities Improvement Co
At a special meeting stockholders of the Securities Improvement Co of 34 Wall Street voted to dissolve the company. Formed three years ago as an aiding company, it disposed of all its holdings and no longer had a reason to exist.
MENTIONED IN THIS ARTICLE
Securities Improvement
Wall Street
Reiening
Toe ‘Poration
Ita
Ingate
Wackine Named Official Amid Steel Company Shuffle
Store Wackine was announced yesterday as airman of the finance committee of Sales Steel Corporation during the ab ene Europe era ex Judge E H Gary W B IPF the second vice president has been in charge dorianeens Department of the corporation with tears of President Corey who is pow tee ig Ship back to this country directed the letter part of thie week United.
MENTIONED IN THIS ARTICLE
Wackine
Sales Steel Corporation
Europe
E. H. Gary
W. B. Ipf
Dorianeens
Corey
United
Chicago & Northwestern Rail denies plan for new securities
The Chicago and Northwestern Railway company denied yesterday rumors that it contemplated issuing new securities. The statement said the firm has ample cash and would only need funds for a single project named as a station in Chicago, for which financing had already been provided.
MENTIONED IN THIS ARTICLE
Iaap
Chicago & Northwestern Rail
Peshana
Femertan
Chicago
Attorney General Actions Against Railroads Seen
July 12 report notes the Attorney General pursuing eleven railroads under the safety appliance law. Few violations were found, as investigators examine compliance across multiple lines and facilities.
MENTIONED IN THIS ARTICLE
Aangton General
Menemiznea Today
United — Ree Ae Muation Searnet
Tetera “Afty
Schwab says Bethlehem can build battleships and steel outlook improves
Charles M. Schwab, president of Bethlehem Steel, returned from Europe and denied plans for an international steel trust. He cited a gradual steel market recovery, no near term price changes, and that Bethlehem, Carnegie and Midvale could supply armor and equipment for ten battleships annually. He also noted potential quarterly earnings reports and praised Bethlehem's new structural mill.
MENTIONED IN THIS ARTICLE
Charles M. Schwab
Bethlehem Steel Corporation
Europe
International Steel Trust
Bethlehem Stel Corporation
Carnegie Steel Company
Midvale Steel Company
Schwab
Bethlehem Corporation
Bethlehem Company
United States
Hebhiehem Corporation
Signs of Returning Prosperity across rail and industry
Indications of a revival in trade emerge July 13 with railroads reporting improved demand for freight cars and plans to retool and hire. Grand Chief Engineer Stone notes nationwide gains in railroad activity and shops at full time. Steel and wire furnaces near full blast promise hundreds of jobs as plants resume operations. Lima works resume with 500 mechanics recalled and former workers brought back.
MENTIONED IN THIS ARTICLE
Cleveland
Tnell
Stone
Brotherhood of Locomotive Engineers
New Haven to Raise Freight Rates, Sees Dividend Pressure
New Haven railroad workers expect President Mellen to order a general freight rate increase to match Eastern trunk lines. Mellen hinted at a hike, and with Massachusetts trips ongoing, the move is seen as likely to secure the 2 percent quarterly dividend due October 1. If rates do not rise amid flat business, the dividend may be cut.
MENTIONED IN THIS ARTICLE
New Haven
Mellen
New Haven Road
New York Central
Massachusetts
Unite All Mine Workers At Western Federation Convention
The sixteenth annual Western Federation of Miners convention opened in Denver with President Thomas Lewis of the United Mine Workers en route. A conference aims to merge coal and metal miners into a single United Mine Workers of America with separate coal and metalliferous departments. The credentials committee may seat William D. Haywood with full delegate authority despite not being a delegate or officer.
MENTIONED IN THIS ARTICLE
Denver
Western Federation of Miners
Thomas Lewis
United Mine Workers of America
Coal and Metal Miners
Coal Department
Western Federation
Metalliferous
William D. Haywood
Foreclosure Authorized On Passaic Steel Company Mortgage
Judge Joseph Cross in the United States Circuit Court allowed trustee William D Blauvelt to begin foreclosure proceedings on a 2 1/2 million dollar mortgage against Passaic Steel Company. Receivers of the company will be named defendants and later argument will address appointing New Jersey Court of Chancery receivers to replace current receivers.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Joseph Cross
United States Circuit Court
William D. Blauvelt
Passaic Steel Company
New Jersey Court of Chancery
Ampersand Co Wins Fire Insurance Case Over Loss
Justice McLaughlin rules in favor of Ampersand Hotel Company in first of 45 actions to recover 1000 for the 1907 fire at the Ampersand Hotel in the Adirondacks. Ex-Corp Counsel Ellison says decision applies to other cases. investigation links barber Herman to conspiracy. Eaton treasurer and manager. Further notes discuss possible hotel sale and a Montreal power syndicate claim.
MENTIONED IN THIS ARTICLE
Ampersand Hotel Company
Ampers
Adirondacks
Hotel Company
Justice McLaughlin
Franklin County
Supreme Court
Home Fire Insurance Company
Corporation
William B. Ellison
McLaughlin
Charles M. Eaton
Bato
Ampersand
Herman
Eaton
Ellison
Saranac Lake
Ampersand Park
Lake Saranac
Ampersand Hotel
Otis Childs
Milton Worth
Suit for One Million Against Several Railways and Directors
Chicago lawyers filed a $1,000,000 suit seeking payment for services rendered. Plaintiff William Armstrong alleges he bought for the defendants a group of properties tied to John R. Walsh and various railways including Chicago Southern Railway and Southern Indiana Railway, plus quarry and coal assets. Defendants deny employment and say they are mystified by the action.
MENTIONED IN THIS ARTICLE
Chicago
Lake Shore & Michigan Southern Railway Company
Chicago, Indiana & Southern Railroad Company
Rock Island Company
Robert Mather
Charles W. Hotchkiss
William C. Brown
William Armstrong
John R. Walsh
Chicago National Bank
Chicago Southern Railway
Southern Illinois Railway
Southern Indiana Railway
Bedford Stone Quarry
Bedford Belt Railway
Southern Indiana Coal Company
Indiana Coal Company
Armstrong
Railway Companies Must Refund Overcharges In Lump Sum
Macon Ga July 13 In the intervention of the Ocmulgee River Lumber Company in the case of H H Tift et al against the Southern Railway Company et al about refunds of 500 000 overcharges in lumber shipments Special Master J N Talley made his first report today The amount due said intervenor was collected and is due from Southern Railway Company Cincinnati New Orleans Texas Pacific Mobile Ohio Louisville Nashville Illinois Central Railroad total 9 87564
MENTIONED IN THIS ARTICLE
Macon
Ocmulgee River Lumber Company
Mobile & Ohio Railroad Company
Louisville & Nashville Railroad Company
Illinois Central Railroad Company
Indictments Won Against Trust Company Promoters
Philadelphia July 13 grand jury returned indictments charging conspiracy in making false financial statements of the Standard Title and Trust Company. Homer L Castle of Pittsburg and associates face charges plus others in New York and Chicago. Stockholders seek about $20,000 to recover money paid in.
MENTIONED IN THIS ARTICLE
Trust Company
Philadelphia
Standard Title and Trust Company
Homer L. Castle
Pittsburg
Pennsylvania
Castle
Charles Hunter
D. C. Massington
Collingwood
N. J
Arthur F. Williams
Chicago
H. F. Aspinwall
Freeport
Henry Gohen
New York
8. K. Ford
H. M. Ralston
Complaint Against Ontario & Western Over Coal Screening Rates
Washington Jul 13 A complaint filed with the Interstate Commerce Commission by the Utica Traffic Bureau on behalf of the Steam and Mohawk Valley Cotton Mills of Utica N Y charges the New York Ontario and Western Railroad with excessive unreasonable and unjust switching rates for coal screenings moved in carloads from the New York Central and Hudson River tracks at Utica to the Utica mill The complainant seeks about 590 dollars in reparations.
MENTIONED IN THIS ARTICLE
Ontario & Western
Washington
Interstate Commerce Commission
Utica Traffic Bureau
Utica
N. Y
New York, Ontario & Western Railroad Company
Steam and
Mohawk Valley
New York Central & Hudson River Railroad Company
Utica Steam and Mohawk
Hot Weather Shrivels Wheat In Washington State Crop
Reports from Eastern Washington to the state grain inspector say the heat is ripening wheat so fast the kernels shrivel, forecasting a crop not exceeding 22,100,000 bushels, down nearly 5 percent from last year.
MENTIONED IN THIS ARTICLE
Tacoma
Wash
Washington
Bank of England Sells Gold in French Coin Trade
London reports the Bank of England sold today eighty one thousand pounds in French gold coin. The move reflects a routine banking operation with no immediate impact on market rates.
MENTIONED IN THIS ARTICLE
Bank OF England
London
Shaw Denies Montreal Report
Leslie M. Shaw former Secretary of the Treasury said yesterday there was no ...
MENTIONED IN THIS ARTICLE
Shaw
Montreal
Leslie M. Shaw
The
United States Treasury
New York Market Notes on Beans Peas and Dairy Prices
July 1908 New York market report shows traders steady on beans and peas with export demand for red kidney and white beans. creamery and eggs mixed with prices easing slightly on choice creamery milk. Hints of firmer butter due to strong exposures and varied fruit supplies from apples to melons with fluctuations in peaches berries and vegetables across regions.
MENTIONED IN THIS ARTICLE
New York
Tima
Alifornia
Sean Chibi
Liverpool
IMFO
Ee Tenis
Baldwin
Maryland
Delaware
Jersey
New
PEARL
Southern
le Conte
Georgia
Burbank
Botan
Pennsylvania
Jersey Mountain
California
Arizona
Virginia
Florida
State
Pacific Coast
Express
Philadelphia
Long Island
Monmouth County
South Jersey
Far Southern
North Carolina
Shelter Island
Acryptian
Baltimore
Norfolk
Toledo
Alsike
Cattle and Veal Market Report From Jersey City and NYC Yards
Receipts show beef steers and cows trading mostly steady to firm with prime cattle pushing higher. Veals and calves opened steady to higher but softened later. buyers moved stock to scales, with prices varying by yard. Lambs and sheep were generally steady to lower after two days of receipts, and hogs showed gains over last Monday. Major consignors include Jelliffe Wright & Co, Tobin & Shannon, McPherson Co, and S. Sanders.
MENTIONED IN THIS ARTICLE
Daderceesses
Tevers
Jersey City
6Th Street
General Shales
Liverpool
London Cables
Eales
Shamberg & Son
Virginia
McPherson Co
Pennsylvania
Kentucky
Ohio
S. Sanders
Tobin & Shannon
Newton & Co
Ae Commission Company
Frederick J. Kratz
Visa
Judd & Co
J.G Curtis & Son
J_P. Nelson
Andrew Mullen
H. H. Hollis
W. R. Hume
Jelliffe, Wright & Co
60Th Street
J. P. Nelson
H. H. Hall
B. W. Otis & Co
George and
LS. Dillenback
Jellffe
Wright & Co
J. G Curtis & Son
McPherson & Co
Virginia Lambs
S. Judd & Co
S Sanders
Kerns Commission Company
Iic Cereg Itera Commission Co
Indiana
Shippers’ Commission Co
West Virginia
Erento
New York State
Marine Intelligence Miniature Almanac And Wireless Reports
The entry lists sunset and moon data with high water times for Sandy Hook, Gov Island, and Hell Gate, then notes wireless reports. The Mesaba passed Nantucket Lightship at 2:30 pm yesterday and may dock around 7:30 this morning. The Alice was 283 miles east of Sandy Hook at noon yesterday and likely dock around 11:00 this morning.
MENTIONED IN THIS ARTICLE
Sandy Hook
Gov. Island
Hell Gate
Mesaba
Nantucket
Transpacific Mails and July Sailings
In New York close in Beattie residence forJuly 4 schedule. Mails via San Francisco, Hawaii, Alameda, and Vancouver outline July departures to China Japan Corea Philippines and Pacific islands. Key calls include Tahiti Marquesas via San Francisco and Samoan New Caledonia routes. Sailings list times and ports with several ships such as America Maru and Maripota slated for late July departures.
MENTIONED IN THIS ARTICLE
Transpacific
I Close
New York
Fe Beattie
Hawaii
Japan
Corea
China
Philip
Philippine
Isl
Vancouver
Victoria
Guam
San Francisco
Tone
Tahiti
Marquesas Islands
San Aug
Samoan
New Caledonia
Pine Islands
America Maru
Shipping News Arrivals and Departures at Quarantine and Bar
Shipping news lists steamer arrivals at the bar including Chesapeake Hastings Comus Ely Citta di Messire Caracas Drumcliffe Harvard Jose Navahohe Zeeland, Suriname and others with destinations like New Orleans New York Georgetown Antwerp and port notes. Quarantine statuses and bar arrivals times noted along with wind conditions and sailing list for Finance Saramacca Katahdin Georgetown Monroe Norfolk and Newport News sailing.
MENTIONED IN THIS ARTICLE
Chesapeake
Hastings
Baltimore
New York and Baltimore Transportation Line
Mdse
Comus
Bord
Southern Pacific O
Mose
Nor
Borge
Port Antonio
Cuneo
Ely
Hamerty
Cube Planters
Citta di Messire
Ital
Catania
Palermo
Herset Feltmann & Co
Mds
Caracas
Faust
San Juan
Boultom Blies
Dallett
Mattis
Moise
Bar
Drumcliffe
Br. Rouszing
Liverpool
Arbuckle Bros
Howard Soulfer & Partners
Harvard
Thompson, Bown
Métropolitan Ss Co
Jose
Port Morant
United Fruit Co
Ppm
Navahoe
Hale
Georgetown
Wia
Clyde Ss Co
Zeeland Pro
Ball
Antwerp
Dever
Red Star Line
Fire Island
Suriname
J. Barbados
Royal West India
Sandy Hook
Finance
Cristobal
Katahdin
Monroe
Norfolk
Newport News
Steamers at Foreign Ports Arrived and Ailed
London July 13 lists steamers arriving at New York Plymouth Cherbourg and Genoa with dates and departure ports including Kronprinzessin Cecuit Amerika Koentgin Loise Pannonia Exeller Excelsior Duca dei Abruzzi Bahia Brantwood Corfe Castle Korona Crown Prince Algeria Kabinga and more. Also ships sailed from Liverpool and Dover to New York with routes via Rio de Janeiro Santos and Havre among others.
MENTIONED IN THIS ARTICLE
London
Minneapolis
New York
Plymouth
Kronprinzessit Cecuit
Ger
Cherbourg
Hamburg
Amerika
Finland
Antwerp
Glasgow
Columbia
Moville
Rotterdam
Excelsior
Bristol
Exeter City
Bri
Naples
Duca Degii Abruzzi
Ital
Bahia
Brantwood
Alzona Aeli
Corfe Castle
St Thomas
Korona
Demerara
Santos
Crown Prince
Baia
Rio de Janeiro
Leghorn
Algeria
Muroran
Kabinga
Colombo
Singapore
Manta
Liverpool
Anapa
Pennsylvania
Prinz Friedrich Wilhels
New
Spartan Prince
Summer School at Asbury Park Opens for Berlitz Pace
The Berlitz School of Languages announces a summer program with branches at Madison Square Harlem Brooklyn and Asbury Park. Teachers will be sent to all listed locations within a hundred miles to conduct intensive language courses for learners across the region.
MENTIONED IN THIS ARTICLE
Berlitz School OF Languages
Madison Square
Broadway
Harlem
Lenox Ave
127Th 3
Brooklyn
Court St
Asbury Park
Notice to creditors in John Pearl business liquidation
By order of Hon Henry Bischoff a liquidation is announced for John Pearl formerly at 1720 Second Avenue Manhattan New York. Creditors must file verified claims with vouchers to Abraham H Mayer and John Block assignee at 3 Broadway Borough of Manhattan New York City by September 10 1908. Filing details provided at 3203 Broadway Manhattan.
MENTIONED IN THIS ARTICLE
Henry Bischoff
Supreme Court
John Pearl
Second Avenue
Borough of
Manhattan
New York City
John Peari
John Block
Broadway
Borsage
New York
Abraham H. Mayer
York City
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American Association
Coffee Exchange
Suiu
Changret Investments
Inc
Wee
RON and Steel
Securities Company
N. Securities
Bethlehem
Lima
Lima Locomotive and Machine Works
Steel Company
Ampersand CO
Montréal Power Company
Dispatch
Canadian Public Service Corporation
Montreal Power Company
Railroads
Walsh Properties
Central OF Georgia
Indianapolis
Louisville
Detroit & Mackina
Colorado & Southern
Grand Trunk System
International & Great Northern
Marie
Minneapolis ST. Paul & Sault Ste
Mobile & Ohio
Peoria & Western
Osteee
Anales Alpha
Iy Wash
Whibes
Belcher
Mexican Best & Beleher
Caledonia
Overman Cophir
Potoai Choliar
Savage
Sag Icher
Cal
Sierra Nevada
Crown Point
Gould & Curry
Utah
Here & Norcross
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Nion Ferry
Nyger
Lous
Country Produce Markets
Bixtieth Street
Fortieth Street
Lehigh Valley
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West Shore
Neas
Schwarzschild
Minnetonka
Jchamberg & Son
Merida
Havens
Ward
Esee Ipa
Bremen
G Loyd
teeOame Carpathia
Canart
Neem
Marine Intelligence
Ponce
Porto Rico
Ras
Hava' Aa
Havana
Kaliser Wm
Jatlantic Trans
N G
Lloyd
Grenville Uelva
Alfeto Ee
Gibraltar
Savannah
Westle
Southampton
White Star
Carmania
Uward Huron
Jacksonviille
Queenstown
Mauretania
Hamb-Am
Deutschland Dunkirk
Ee Louisiane
Mat
Kronpr’z Wilhelm
G Lloyd
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Jacksonville
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la Bretagne
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Shipping News
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Starkey Seminary
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NW. Y
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Taconic School For Girls
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Lilian Dixon
Wellesley and
Bror@ Mawr
Bertha Bailey
Wellesley
RYE Seminary
Mrs. & Z
Mises Stowe
el Oravian Seminary
Frances —— School For Girls
Ay St. White Plains
M J Young Fulton
Town Square
New York County
Hamilwork City
Annie Upreme Court
Exchange
Vesey Street
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County of
Joseph .P. Day
Eee
Bronx City
North Melrose
Morrisania
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Andrew Findlay
Office
the Register of the
County of Westchester
Courtlandt Avenue
Annie Linder
Louis
Joseph Pool
Gifford
Hobbs & Beard
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Nassau Street
Borough of Manhattan
Borough of the Bronx
City of New York
Watt
Centre Lite of
Bock
S&s