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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jul 18, 1908

Page

18

Corey of U S Steel Sees Bright Outlook After Taft Victory

William F. Corey president of United States Steel Corp just back from a two month Europe trip voiced optimism about the business outlook. He credited Taft’s nomination with restoring confidence and predicted a quick pickup in activity and a near-normal condition by next spring. He noted steel prices likely to rise from current levels and dismissed rumors of an Anglo American steel cartel as imaginative. He also said international sentiment toward American securities had improved since Taft’s nomination and Europe’s steel trade suffered less than the U S.

William FE. Corey United States Steel Corporation Europe Taft Mr. Corey England Corey American Securities

Germany's Foreign Trade Shows Record Gold Advances

Pertin reports that the German Imperial Bank continues interest free advances to aid imports from New York, with assets rising by 70,000 in gold-related items. Half-year foreign trade data show precious metals imports at 35.75 million and exports at 8.255 million, while overall imports and exports reach 1.07 billion and 86.25 million respectively.

Pertin Germany New York

Wheat and corn markets slip on rain and receipts

Chicago July 17 Wheat futures finished lower amid continued rain in the northwest and rising receipts. September slipped from about 1/8 to 2/3 cent, while local longs sold on profit taking. Cash demand remained active, with Liverpool prices up but bearish receipts pressuring futures. Corn and oats showed mixed to firm tones. hogs rose slightly, with lard and ribs higher. Primary receipts reached 777000 bushels. export pace steady at 2.4 million bushels.

Chicago Liverpool Sic Minneapolis Duluth Ted

Interborough Rumors Denied By P Shonts Leadership

P Shonts president of the Interborough Metropolitan Company denies reports that F Ryan seized control from August Belmont. Belmont's friends declare no change in ties and Belmont remains a key figure. E P Bryan of Interborough Rapid Transit recently abroad. reports say he was paid in advance and may retire, with Theodore P set to succeed.

P. Shonts Interborough Metropolitan Company F. Ryan Inter August Belmont Belmont Ryan E. P. Bryan Interborough Rapids Transit Com Mensione Bryan Ab- Met Interborough Rapid Transit Com Theodore P

Bankruptcy filing lists Mary H Grin 8 owner of Meek Street boarding house

In U S District Court, Mary H Grin 8 filed for bankruptcy showing liabilities of 1 5459 and assets of 107 750 95. Julian Scholl 4 of Kingston New York holds debts 57 429 46 with 65 563 54 unsecured. Stearns Manufacturing Co No Literiy Street owes 23 346 03. Florence M Letelier Adams 309 Broadway New York is linked to a shirt and haberdashery business. Pierre ch receives assignment. Walter Gotgelmann and Zettler act as officers.

Te States District Court Mary H. Grin War Meek Street Julian Scholl Kingston N. Y The Stearns Manufacturing Company

Algoma Steel Plant Shuts Down in Ste Marie Michigan

On July 17 at Ste Marie Michigan the Sam Steel company plant a subsidiary of the Corporation closed today after Ward timing in steel circles, with over a thousand men affected as workers faced layoff and uncertain futures in the local industry.

Ste. Marie Mich Sam Steel Company Ward Times

Farmers Affected Banking Company Fails to Open After Run

A two month ordeal ends with Farmers Affected Banking Company failing to open its doors as a run on deposits exhausted cash reserves. A deed of assignment followed, signaling insolvency proceedings and the transfer of assets to meet creditor claims.

Iy gMuly Af Fectants Banking Company Isis

Insolvency Court Appoints Receiver for Local Bank

In a filing before the insolvency court Edward S Purney was named receiver. The bank is capitalized at 100000 dollars with assets and liabilities each around 500000 dollars. The run began modestly two months ago after several smaller local banks failed.

City investigators organize to probe finances

A joint legislative committee was formed to thoroughly examine New York City's financial condition. Senator Owen Cassidy was named chairman with Edwin A. Merritt as vice chair and Warren I. Lee as secretary. The panel will operate in private until September and will station experts in the Finance Department and other city offices. The group also named a sub committee to hire counsel and staff as it plans the preliminary private inquiry with assistance from the Bureau of Municipal Research. General Benjamin F. Tracy was appointed a referee to assess the city’s finances as of June 39 and may coordinate with the committee.

Murray Hill Finance Department Owen Cassidy Edwin A. Merritt Warren I. Lee Martin Saxe Patrick H. McCarren William S. Bennet James Oliver George M. Palmer Cassidy Merritt Bureau of Municipal Research Benjamin F. Tracy Justice Blanchard Supreme Court

Remarkable Revival of Baltimore Clothing Trade

Baltimore clothing manufacturers report an unprecedented revival of business in mid July. Despite it being the usual busy season, firms are operating overtime and hiring additional skilled workers. One large house notes payrolls with 20 percent more names than normal for this season. Other firms show orders ample to sustain overtime through the period, with ongoing strong inbound demand.

Baltimore

Trolley Men Support Providence Dismissed Emploees

New Haven conference of trolley lines under the New York New Haven Hartford system pledges support for fifty four Providence company workers discharged for joining a union. International treasurer Rezin Orr cites unfair practice of separate contracts prohibiting union membership. Charles Minnix named as trolleymen's representative on the conference board. first formal recognition by the affiliated craft.

New Haven, Conn New York, New Haven & Hartford Railroad Company Providence Company Rezin Orr Detroit International New Haven Company Charles Minnix Ecraft

Foreclosure suit filed against Gotham property

The Knickerbocker Trust Company filed a foreclosure complaint and lis pendens in the County Clerk’s office against the Hotel Gotham property at 35th Street and Fifth Avenue. Defendants include Hotel Gotham Company Fifty-fifth Street Company Central Building and Construction Company and executors of Charles T. Barney. The suit seeks foreclosure of a second mortgage for 300 dollars dated June 28 194. The Trust Company claims 413 746 dollars with interest is due.

Knickerbocker Trust Company Hotel Gotham 35Th Street Fifth Avenue Hotel Gotham Company Fifty-fifth Street Company Central Building Construction Company Charles T. Barney

Fire at Elk Tanning Company in Everett causes $550000 loss

A midnight blaze at Elk Tanning Company in Everett Pennsylvania is believed incendiary. The main building was destroyed, with the plant employing 10 workers. Estimated damage totals $550,000. Local authorities investigate as flames broke out at or near midnight.

Everett Penn Elk Tanning Company

Condition of Trade Shows Mixed Early Summer Signs

Dun's Hireview notes slow improvement with progress in the right direction. Railway earnings in early July down 11.2 percent vs last year, down less than earlier. Commercial failures decline, bank exchanges stabilize, and mercantile collections improve. Lower wage scales reduce idle capacity, aiding recovery as retail trade remains fair for the season. Foreign trade still weak with June exports down 22 million and imports down 29 million. Money remains cheap. rail shares rally. Trade remains midsummer quiet with fall preparations, crop progress boosting confidence, and selective gains in building and Western lumber.

Dun West New York Ushern Pacific Northwestern

Public Service Board blocks $25 million mortgage schemes

The Public Service Commission refused to approve two mortgage plans by the Brooklyn Union Elevated Railroad and Nassau Electric Railroad, totaling $25 million. Commissioner McCarroll warned the scheme evades the law by using demand certificates to back long term bonds, challenging the commission’s supervision of capitalization. Both mortgages dated March 23, 1907, would fund property improvements and debt payments, but the commission favored systemic safeguards over investor convenience.

Public Service Commission Brooklyn Union Elevated Railroad Company Nassau Electric Railroad Company Brooklyn Rapid Transit System McCarroll Brooklyn Rapid Transit Company Central Trust Company Brooklyn Rapid Transit Public Service Commissions Nassau Company Brooklyn Union Old State Railroad Commission

Side Door Cars Ordered for Subways by PSC

Interborough Rapid Transit plans sixteen cars with side doors near existing doors to form two eight car trains for rush hour use. The order, operable October 15, follows a recommendation by Bion J. Arnold. IRT will test other car types with side doors to improve service while noting the Sth street cross-over project will limit train increases for 18 months to two years.

Interborough Rapid Transit Company Public Service Commission Bion J. Arnold Shonts Interborough Metropolitan Company Sth Street

Subway express service cut on Broadway 96th to 137th streets

The Public Service Commission allows the Interborough Rapid Transit Company to discontinue express trains between 96th Street and 137th Street on Saturdays from 5 to 7 p.m. until December 1. The move follows a complaint that the trains were operated at a loss.

Interborough Rapid Transit Company 96Th Street 137Th Street Broadway Subway Public Service Commission Interborough

Changes in Postal Service at Hudson Terminal Sub-station

Owing to heavy business at the Hudson Terminal sub-station the post office reorganized station leadership. William J. Baldwin moves to sub-station supervision. James A. McNamee becomes superintendent of station B. George H. Newsom shifts to station L. James M. Moran fills the vacancy at station I. James P. Morris moves to station V from station K. John J. Mahoney moves from station 5 to station K. Vacancy at station S pending Postmaster Morgan’s return next month.

Hudson Terminal Post Office William J. Baldwin James A. McNamee George H. Newsom James M. Moran James P. Morris John J. Mahoney Morgan

Oregon Land Case Arrest In Timber Conspiracy

A. G. Marshall of the Standard Protective Society surrendered to U S authorities and posted 2000 bail in the Oregon land fraud case. Henry E G Cooke of the Oregon Ranching and Timber Company was arrested in Baker City and is moving to the district for trial. The pair allegedly planned to recruit dummy entrants from the East to take title to timber lands and flip them to the Oregon company.

A. G. Marshall Standard Protective Society Henry E. G. Cooke Oregon Ranching and Timber Company United States Oregon Hough United States Circuit Court Cooke Baker City Ore Marshall

Marine Almanac and Shipping Movements Summary

Marine intelligence and miniature almanac list sun and moon data with high water times for Sandy Hook and Governor’s Island. It then records vessel movements including ships like Arabic, White Star Cherokee, Clyde liners and Mallory lines with routesports and July dates. distant ports include Liverpool, Panama, Gibraltar, Curacao, Galveston, Jacksonville, Glasgow, Boulogne, Swansea, and Bristol.

Sandy Hook Gov. Island Hell Gate Vessal esessseeeLiverpool Mallory Colorado Moblie Mallory Alsonguin Esse Ee Jacksonville Éeoceseaeas Clyde COBMO Porto Rico Ny&prr Caledonia Glasgow Avalb Gibraltar Kansas City Savannah Zulla Guragao Rea Minnel London Air Transport Boulogne Holland-Am Noordam Swansea Vaseesess Bristol City Wella City

Transpacific Steamship Schedules to World Destinations

Outgoing steamers list destination lines from New York and coastal hubs. Rot or, Shawmut, Lord Selk, America Mare etc sail to Japan Korea China Philippines New Zealand Australia Hawaii via San Francisco Seattle Vancouver Victoria Tahiti and Marquesas with departures on July 20 to August 1 at 6:30 pm.

New York Hawaii Japan Corea China Philipine Islands San Francisco Rotor Peratt Alameda Samoan Islands New Caledonia Lord Séfton Philippine Islands Isipands Vancouver Ictoria Empress of Japan Guam Philippine Isla US Transport Tahiti Marquesas Islands Mariposa

Shipping News Arrivals At Bar And Quarantine Departures

A list of steamers arriving at the Bar with destinations from Galveston to Rotterdam and Boston to Havre, including Coral Jelunga Mass Mauretania La Provence Ocean and others. Quarantine penalties noted for several ships with times and passenger counts. Sailed ships include Bayamo Antilla Citta di Messini and others bound for Havana Tampico Norfolk Port Said and more.

Stearner Higgins Galveston Southern Pacific Co Charlois Schmidt Amsterdam Er Ruprecht City of Antwerp Philip Ruprecht Bar Mauretania Pritchard Liverpool Queenstown Cunard Ss Co. Ltd la Provence Poncelet Havre Compagnie Generale Transatlantique The Algonquin Staples Jacksonville Charleston Clyde Ss Co Moise Hamilton Boaz Newport News Norfolk Old Dominion S& Co New York Julis Rotterdam Stenener Morro Castle Byrne Vera Cruz Progreso Havana New York & Cuba Mali Si Co Bayamo Tampico Antilla Santiago Navahoe Wilmington Citta di Messini Ital Vincenzo di Giorgio Nor Port Antonio Taff Baracoa Sicilia Mara Kolb Ger Campbellton Prins Willem IV St Mare Port-au-Prince Lindenfels Port Said Larimer Port Arthur Tex Munroe

Steamers at Foreign Ports List for New York

Maritime table lists vessels bound for New York from Antwerp Malta Naples Havre and Queenstown with routes via Cape Town Aden Boulogne Gibraltar or Colombo to Shanghai Genoa Genoa and other ports. Ships include Crown Prince Nieuw Amsterdam Calliope and Celtic among many.

Antwerp New York Uly Montserrat Span Barceona Singapore Kasenga Aden Manila Malta Matoppo Calcutta Colombo Boston Rio Grande Do Sul Crown Prince Bahia Rio de Janeiro Santos Rotterdam Nieuw Amsterdam Boulogne Genoa Romanie Port Said Calliope Algiers Shanghai Suez Lowther Castle Hiogo Hong Kong Havre la Touraine Rio de Jantero Brantwood Pernambuco Duca Degli Abruzzi Ital Naples Hudson le Breton Queenstown Celtic Barry Star of Scotland Valdivia Ger Coronel Belle of Scotland Bri Victoria Brazil New Orleans Moraitis San Giovanni

CHICAGO AND OTHER MARKETS SUMMARY OF LIVESTOCK PRICES

Telegraph market summary reports receipts and price ranges across Chicago Cincinnati East Buffalo Kansas City and Union Stock Yards. Cattle include steers cows and calves with varied quotes. hogs show higher tone with ranges from pigs to heavy packers. sheep and lambs show steady to higher prices with regional differences. Strong names and locations include Chicago Cincinnati Kansas City Union Stock Yards and Pittsburg.

Chicago Cincinnati East Buffalo Kansas City Texas Union Pittsburg Market St

Berltiz School and Summer School At Asbury Park Ad

Instruction for both sexes in Madison Square Harlem Brooklyn and 73 Court Street. Summer school at Asbury Park New Jersey. East Greenwich Academy offers general course with new gym and dorms. Separate department for young boys. Foundation permits low rate of 350. Catalogue by Charles Alford Stenhouse Principal. For Young Ladies Country.

Berlitz School OF Languages Madison Square Broadway Harlem Lenox Ave 127Th St Brooklyn Court Asbury Park N. J East Greenwich Academy East Greenwich R. J Charles Alford Stenhouse M. A

Report of condition of Seaboard National Bank 1908

The Seaboard National Bank of New York presents its statement of resources and liabilities as of July 15 1908. The figures show capital stock paid in surplus undivided profits national banknotes outstanding due to other banks and deposits including demand and time certificates. The total resources and liabilities balance at the period end with various sums in the millions.

Ape Lus Fund Eeecs United States New York Walter F. Albertsen Hank Arthur W. M'Kay CNO National Park Bank New York City Resources U. S Capital OTS Ss.h. Ever M. H. Ewer Seaboard National Bank Ings Total State of Iity of New Ss Sherman National Bank UC & Bonds U & Bonds U.S U. & Bonds Nde Fond Savings Banke State of F. Werner F Werner E D. Junior Kings County New York County Merchants National Bank of City of New York Undividund National Bank State of New York County of New York Ss. I Joseph Byrne Thomas Fairservis Dank Pal Cress Saoneeesseae National Bank Ganas Nize Enna Charles G. Colyer CHAR @ COLYER Seeraads Maskins Edwin F Corey

Also Mentioned on This Page

Steel Chicago Grain and Provisions Zenier New York Corporation Broad Street Pierrech Walter Gotgelmann WL. Zettler Algoma Steel Senator Cassidy International Organization Gotham Hioudstreet U. K Marine Intelligence To-Dart Veneel Umbria Livenseee Louis Venetia Newfound Red Cross Caracas San Juan Nce Norman Prince Argentina Prince Crown of Navarre Grenada A Wilhelm Jamaica Esperanza Colon Lincoln Hamburg Hamb Zeeland Red Star Kenig Albert G Lloyd California Anchor Sannio Omone Nueces Mallory Huron City of Avlanta Verdi Lamp Suriname Barbados D WI Princess Anne Old Dominion Kaiser Wilhelm I Bremen N G Lloyd Drumcairne Rio Plata Oeces Colorado Tampa Lomas Shipping News Port of Telegraph Phila Maplewo J. Shortlidge A. M Yale, Prin Concordville C. E. Mason the Castle Tarrytown-on-Hudson N.Y C. KE. Mason Ll.m Taconic School For Beautiful Lake Berkshire Hils Lilian Dixon Wellesley and Br. Mawr Bertha Bailey Wellesley RYE Seminary J. Life Frances Gilman Lake St. White Plains Bethlehem Max Hark Matichall Copper Bank United Checks Learing House George R. Sheldon H.O. Havemeyer, JR Charles H. Sabin Cent Otto Walter Notary Public Kings Co GEO Fred K Vietor Francis R. Appleton W. Rockhill Potts Total Lucius A. Cole E. €. Bodman Stuart G. Nelson Ng Rey Lacey Zahn Ani Men Asa T & Treasurer Asec Ana Wintschg Tas E. Tenors Directora, IO H. Seed S. Bende BBCNS Aos Asdoe St.ots IS Joseph W Harriman George Zabriskie Zoheth Freeman U. & Treasurer Ton Oo Dwight A. Jones Irwin H. Connell H. Maclay Tienar, Ities Eeemedea D. Wford Clark N Hamilton HM Higgins Tribune Welock P. m 6Th Ave 12Th 14Th St 125Th St Sd Ave 6Ist St Ist Ave Sith St Tremont Ave 34 Ave Weg Ode Ody American and Foreign Teachers’ Agency M. J. Young-Fulton Union Square Uptown Glet St 18Th St 120Th St Alitiatiei Elite Kia Ashington Washington Henry B F. Macfarlan Henry L. West Jay J. Morrow Bb. O Commissioners District OF Coke Ém the Tribune U Ofira Oclock P Ist
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