Sale of Central Pacific Bonds To Kuhn Loeb Co
Kuhn, Loeb & Co will buy 18 million dollars of Central Pacific first and refunding mortgage bonds. The issue totals 100 million authorized in 1880s, with 79.2 million outstanding. Proceeds will cover Southern Pacific floating debt of about 16 thousand dollars and bolster treasury, securing with Southern Pacific guarantee and a sinking fund. Most lending is to be absorbed domestically, with limited foreign demand expected.
MENTIONED IN THIS ARTICLE
Kuhn, Loeb & Co
Padic
Ponds i
Southern Pacific
Central Pacific
Union Pacific Railroad Company
Hich
Firat Company
Southern Pacific Company
Europe
Pennsylvania Nd
Union Pacific
Hands Off Railways
The National Prosperity Association plans a circular urging business groups nationwide to oppose restrictive railway legislation. A pamphlet titled Back to the Full Dinner Pail and Regular Dividends notes rapid local reemployment and rising orders in St Louis and other cities, arguing faster recovery than past panics if business leaders act now.
MENTIONED IN THIS ARTICLE
the Tribune
Louis
National Prosperity Association
St. Louis
Cincinnati
Cleveland
Chicago
Foreclosure ordered in Milford Pink Granite case
In Boston on July 2, Justice Colt ordered foreclosure on the 20,000 mortgage unless $340,305 is paid by August 1. The court allows a lease to Norcross Brothers of Worcester to keep supplying the Pennsylvania Railroad with granite for a New York City station renewal. The quarries have been under Ralph A. S. Stewart of Boston since 19%.
MENTIONED IN THIS ARTICLE
Boston
Millford Pink Granite Company
United States Circuit Court
Colt
Norcross Brothers
Worcester
Pennsylvania Railroad Company
New York City
Ithe Company
Ralph A. S. Stewart
New Railroad Safety Device Trial Planned in Chicago
A new safety device for survey trains will be tested in Chicago on July 25 before the Interstate Commerce Commission block signals and train control board. The device purportedly automatically stops a train, and if the test succeeds the board will likely recommend adoption by railroads.
MENTIONED IN THIS ARTICLE
Washington
Chicago
Interstate Commerce Commission
Continent Buys Gold in London for $2.5 Million
The Continent purchased gold in London for 2.5 million dollars, with the deal announced today. Landon reports the acquisition at an advanced price, reflecting strong demand in the market.
MENTIONED IN THIS ARTICLE
London
Landon
Central of Georgia Earnings Report for 1907 1908
A historical rail earnings table shows weekly and monthly figures for railroad lines including Central of Georgia Detroit Mackinac Indianapolis & Louisville Colorado & Southern and more. The data track miles in operation and earnings in dollars across weeks in July and June with end dates and multiple station totals.
MENTIONED IN THIS ARTICLE
Central OF Georgia
Aeek
Detroitant Mackinac
Bay
Duluth
South Shore & Atlantic
Lovieville
Nashville
Minneapolis & ST. Louis
ST. Paul & Sault Ste. Marie
Rae Say Ie
Bette
Mobile & Onto
Miles
Senne
Anes
Southern
Ito
Toledo, Peoria & Western Cumber of Sailes
ANN Arbor
Detroit
Toledo & Ironton
Kansas City Southern
Monts
Teapot Rasetz SS
Aiaofi Neterunnings
zTiaNbs Surglatt “Blabaary
Unitep Railways OF
ST. Louis
Yeas
Esa
Expect New Freight Rates Gradually With August Increases
Wall Street chatter notes an imminent but gradual freight rate rise. A staggered rollout across regions includes August 1 and August 15 effective dates, with final broad increases expected by late fall. Wheat movements rose 14 percent, provision tonnage up, livestock traffic improved while Chicago flour shipments declined. Eastbound Chicago tonnage remains solid, near last year’s levels.
MENTIONED IN THIS ARTICLE
Wall Street
Chicago
Too High to Redeem U P Bonds
The rise of Union Pacific common stock past 154 spurred talk it could be converted into 4 percent convertible bonds for profit. Experts say this is incorrect since bonds rose to 94, making conversion profitable only if stock tops 164. To obtain 100 shares, bonds of par 17,500 would cost 116,450, implying a stock price around 164.50, about 10 points above current levels.
MENTIONED IN THIS ARTICLE
Union Pacific
Fewer Immigrants This Year Decline in June Arrivals
Washington reports sharp drop in immigration for June across all countries led by Russia and Japan. Total arrivals 31,947 versus 134,700 in 1907, down 79 percent. Debarred totals also fall, while six month figures show a 74 percent decline from 1907 totals.
MENTIONED IN THIS ARTICLE
Washington
United States
Russia
Japan
Bureau of Immigration and Naturalization
Naumkeag Mills Resume Full Time Operations
Salem Massachusetts July 2. The Naumkeag cotton mills resumed operations on full time today giving employment to fifteen hundred hands.
MENTIONED IN THIS ARTICLE
Salem
Mass
Naumkeag
Cotton Exchange to Probe Contracts in Summer Review
The New York Cotton Exchange board adopted a seven member special committee led by President Brennecke to investigate contracts and exchange policies. It will consult spinners and invite public input with cooperation from the Department of Commerce and Labor bureau of corporations. Expected members include Arthur Marsh, Samuel Hubbard, and E. P. Walker.
MENTIONED IN THIS ARTICLE
Board of Managers
New York Cotton Exchange
Exchange
George Brinnecke
Bureau of Corporations
Department of Commerce and Labor
State of
New York
Brennecke
Arthur R. Marsh
The
Samuel T. Hubbard
Hubbard Bros. & Co
E. P. Walker
Market Report on Graded Stock and Fresh Fruits
Packed ungraded stock ranges 17 to 19 percent. 18 to 18.5 percent common. Receipts light. storage draw noted up to 19 to 21 cents on quality. Fresh fruits show mixed supply and demand with apples, pears, peaches, plums, and berries varying. melons and watermelons in supply. Hops dull. hay and straw firm. poultry steady with live fowls, frozen and dressed markets described. Cattle, calves, and sheep receipts heavy with varied bids. veal prices rising modestly. lambs and sheep generally lower from weekend levels.
MENTIONED IN THIS ARTICLE
Pennsylvania
Pearl
le Conte
Georgia
Maryland
Delaware
Jersey
New York
Upriver
Jersey Mountain
California
Arizona
Virginia
Baltimore
North
South Carolina
Florida
Porto Rico
Pacific
Oregon
New York State
State
Pacific Coast
Express
Broilers
Philadelphia
Coe Sea
Long Island
Monmouth County
South Jersey
Hackensack
Mand
Shelter Island
Bermuda
Kentucky
Orange County
Southern
Bpinach
Acme
Grant
Alto Psi
Toledo
Edison Works on Full Time Ten Hour Schedule
Edison’s Orange New Jersey plant began a full ten hour day with two thousand workers, after already running on an eight hour shift for months. The move marks a major expansion of daily hours at the big laboratory and factory complex.
MENTIONED IN THIS ARTICLE
Edison
Orange
N. J
Thomas A. Edison
Business Troubles Seize Schulman and Goldstein Firm
In the United States District Court Judge Hough named J. Gruenberg as receiver for Schulman and Goldstein, makers of women’s dresses and skirts, at No % East 10th street. The stock is valued around $2,000 with debts of about $1,000. Leon Noel’s glass business at Morningside Avenue near 124th Street shows liabilities of $46,067.61 and assets of $31,429.93. The Gehlen Company furniture dealers and decorators at No 42 Union Square reports liabilities of $12,660 with nominal assets of $4,074 and actual assets of $435.
MENTIONED IN THIS ARTICLE
United States District Court
J. Gruenberg
Hough
Schulman & Goldstein
East 10Th Street
Leon Noel
Morningside Avenue
124Th Street
Gehlen Company
Union Square
Market Report on Beans Peas Butter Cheese Prices
Receipts show 275 sacks beans and 10,069 pkgs butter with steady to firm demand. Beans include marrow, white kidney, red kid dry and various grades with prices ranging from 82 cents to 335 dollars per unit. Scotch peas steady. Butter sales centered at 22 to 23 cents per pound with strong packing stock. creamery specials and firsts varied. Cheese prices rise across the list as exporters hesitate awaiting shipments results. Eggs: 8,056 cases with active but tightly graded market for the top quality sold at 20-21 cents.
MENTIONED IN THIS ARTICLE
Lehigh Valley
Weehawken
West Shore
Coos
Schwarzschild & S
St. Louis
New York
Fortieth Street
Boston
Baltimore
Philadelphia
Montreal
London
Liverpool
Glasgow
Manchester
Bermuda
West Indies
Jersey City
S. Sanders
Ohio
Virginia
Kentucky
Lima
California
Also Mentioned on This Page
Pic
C. P
Kuhn, Loeb& CO
Prosperity Association Appeal
U. P
Alb & Susg
Jonena
Alb & Vermont
Joliet & Chic
Lenrer & C
Am Tel & Cable
Aliegh & Weet
la & Mo Riv Pf
At & C A Line
Little Miami
Au & Saveras
Lowell & and
Avon G_& Mt M
Mahon Coal Pl
Beechke
Berkshire
Jesse
Essex
Bleech
Nash & Decatur
Bost & Albany
Nashau & Low Bost & Owes
NYL & Hariem
Bost & Prov
NYL& W Seeoe
Brooklyn City
Ninth Ave Coenses
Can & Brr
North Carolina
Catawist Pf
Cayuca & Susq
North Penn
Pn&er
Northwest
Chat’chee & G
Nor & War of Ch & E I Ctfs
Ogden Mine
Old Colony
Cleve & Pitts
Osw
Col & Xenica
Pac & At Tel
East Penn
Pitts McK & Y
East Mahanco
Eighth Avenue
Renns & Sara
Elm & SetEerneo Roch & Yen
Rw&o Oeneees
Erie & Kala
Second Avenue
Erie & Ene
Sixth Avenue
Fitchburg
Warren R Roo
Charles D. Barney & Co
Broad 122 Street
South 4Th Street
Am Cement
Lehigh Val R
Am Ry Co Ee
Ma’ Mn
Cambria Rteel
Abyy Bas Phila Co
BRN
Bom
Elec St Rat Co
Penn RR
Elec Co
Wy Penn Steel Fairmount Trac
Phila
Elec
Phila Rep
Ins Co
Phila Co
Jackson Gas Se
Lt & Tr
Kan City
Lefay Gas
L. & W Valet
Bingham Gaasee
Buffalo Gas
Len Y & BR
Ohio & Ind
Paterson & P G
Pitts
St J Gas Sa
St & Tr
St Paul Gas Fhs
Dianapolis Jas BO
Syra
St & P Ss
Ferry Companies
San Francisco
Alpha Com
Sories
Mexican Belcher
Occidental
Bert & Belcher
Ophir
Bullion Atuaets
Iverman Challenge
Potest
Chollar
Sterra Nevada
Bag Belcher
Cal & MA
Leute Fon Imperial Bi Union
Utah
O. Meres Gould & Curry Norcross
Wereeres
First National Copper Company
First National
Amalgamated
St. Paul
Taft
Bryan
Thomas W. Lawson
Cotton Investigation
Detroit, Toledo & Ironton Railway CO
F. KINGSBURY_ CURTIS
Irving M. Dittenhoefer
Joseph Ramsey, Jr
Izzman
Chai Newman
Charles H. Gilman
Hugh H. Harrison
Edmund Seymour
N. Thompson
Allen T. West
Walter L. Worrall
Broad Street
Galicia
Hungary
Allike
J. Shamberg & Son
McPherson & Co
Tobin & Shannon
Kerns &Commission Co
Fred. I. Kratz
S. Judd & Co
J. G. Curtis & Son
John Ducey
Jelliffe Wright & Co
J. P. Nelson
Andrew Mullen
George and
L. S. Dillenback
W. R. Hume
Tao
Kansas City
Stec
H. H. Hollis
Jellffe, Wright & Co
George & L. & Dillenback
B. W. Otis & Co
Ore. S. Judd & Co
Granser
Fred J. Kratz
Ae Ee Ee S. Sanders
Liberty National Bank
U. S
U.S
Rane
Redemption Fund With & S& Treasurer
U_ S. Treasurer
Si Redemption Fund
State of New York
County of New York
Frederick B. Schenck
Frederick BR. Schenck
H. M. Cleaver
Henry P. Davison
Daniel Greid
Converse
Garfield National Bank
Itr
Snecia
Acet
Hels
U. S&s
Aes
United Rates
Shan
W. L. Douglass
W. LL. Douglass
R W Poor
Ames McCutcheo
W. H. Geishenen
Newton & Co
Tennessee
West Virginia
Kerns Commission Co
Indiana
Virginia Lambs
Sao
Ohio Doe
Judd & Co
S& Sanders
A. Sanders
Country Produce Markets
Andrew J. McCormack
Adrian H. Muller & Son
William
Vesey Street
United States Reduction & Refining
Watt
West Virginia Midland R. R. Ceter
Mtae
Electric Cable Co
BR. R. Co
Adame Express Co
Trust
Erie
Pittsburgh
Hudson & Manhattan R. R
Hicks Locomotive & Car Works
O. Preta
American Exchange National Bank
Flatbush Trust Cr
Syracuse Lighting Co
Tat Sa
Sh. Mercantile Trust
Lexington Ave
Pavonia Ferry
R. R
Consolidated Indiana Chal Co
Night and Southern Reway Co
Man
Manufacturers’ Nail Bank
Rook Ly T Inter Borough Realty
Eastern Steel Co
Hadsell Lime Co
She. Trust Co. of America
Steamboat Co
Electrical
Dominion Arities Co
State Telephone Co
Mime- Sp
Gold Ponds
Knickerbocker Trust Co
Brunswick & Birmingham R. BR
Ponds
Cotton Picker Co
American Sparklers
Gow
Pittsburgh& Westmoreland Ry
Pittsburg
Westmoreland Ry
Pittsburg & Westmoreland
Shs
Trust Co
New Jersey
Eds
National Surety Co
She. van Norden Trust Co
Bank of Newark
N.J
National City Bank
Bank of Commerce
First
Bank of
N. Y. Realty Owners’ Co
John M. Thompson & Co
Nevada-Utah Mines & Smelters Co
American Smelters Securities Co
American Smeltters Securities Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!