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This newspaper page contains 24 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 23, 1908

Page

14

Dividends Fall Off Across U S August Disbursements

The August total for dividends and interest disbursements across liquid markets shows a decline from 1907 figures. Railroads face about a two million drop due to defaults, while bonds and stocks across panics and trusts, railroads, industrial and service firms, cities and states amount to roughly 2.33 billion in interest and dividends for the month.

Coun United States

Westinghouse Rises Sharply Amid Reorganization Hopes

Westinghouse Electric stock jumps 15 points with gains cited from reorganization prospects and planned approval by the readjustment committee on September 1. Other gains occur in New York Air Brake and General Electric as investors weigh new stock offerings and short-covering activity.

Westinghouse Electric and Ng Company New York Air Brake General Electric Westinghouse

Goulds to Decide on Notes Maturity Plan

The article reports that final action on handling the August 1 maturity of Wheeling & Lake Erie notes awaits George J. Gould’s return from Europe. Talks among Gould representatives and bankers suggest possible solutions including direct Wabash guarantees, exchange for new Wabash notes, or cash, with current note quotes seen as proof of satisfactory provision.

Wheeling & Lake Erie Europe George J. Gould Goulds Wabash Railorad Company Wabash Exchange of Securities

Paper Company Considers Wage Cuts Amid Low Business

International Paper Company may reduce wages for August 1 by 2 to 16 percent due to weak business and high wage levels. No action until after this week’s talks with employees. Company notes disadvantaging shifts versus competitors and cites general readjustments around July 1 yielding annual savings. Cooperations cited as evidence of goodwill.

A. N. Burbank International Paper Company Bruorbenk Iterey Renge New York Sam

Pepper Seeks Discharge of Bay State Gas Receivership

In Wirington Delaware on July 22 Judge Gray heard an filing by George W Pepper of Philadelphia acting as receiver for Bay State Gas Company seeking discharge of the receivership. H H Ward for the company joined seeking turnover of assets to the firm. The motion will be argued later.

Wirington Del George W. Pepper Philadelpha Bay State Cominy H. H. Ward

Notes of the Mines at Fundicion Mexico Profitably Analyzed

Theodore Douglas reports Ge Douglas Copper Company’s Fundicion plant costs. He estimates copper production cost at 1572 a ton, with future development allowance 125 a ton. Ore yields 5.44 percent copper, copper value 18 cents per pound, gold and silver about 2.62 per ton, giving net per ton profit and a 564 per pound cost target. The Mexican Exploration and Mining Company plans new bonds, controls vast concessions, and moves to rush machinery and smelter work at Fundicion.

Ge Douglas Copper Company Fundicion Mexico Theodore Douglas Te Company Douglas E! Grove He International Trust Company of Maryland Ent WC Seddon & Co Baltimore Pany Douglas Copper Company Sonora Mexican Exploration and Mining Com Miles Butte New York T. 8 Bennett Minzesheimer Seenope & Tidewater Railroad Company Anle Goldfield Pompe Air Camp

Short of the Franchise Delayed New York & Port Chester Line

The New York and Port Chester Railroad show minimal spendings far below the $890,000 franchise grant. Mace Moulton, president, told Public Service Commission inspectors that work paused after New Haven control. Future funds from the New Haven are anticipated to restart the line along the New Haven route below 174th Street toward Mount Vernon, with charges expected to testify Charles S. Mellen.

Board of Aldermen New York & Port Chester Railroad Company Mace Moulton Eustis Public Service Commission New York, New Haven & Hartford Railroad Company Port Chester New York, Westchester & Boston Railway Company 174Th Street Mount Vernon New Haven Westchester Company Charles S. Mellen New Haven Road

Full Steel Operation Conference Aims to Maximize Plant Output

United States Steel Corporation officials depart Pittsburg for New York to join William Eilis Corey in a meeting aimed at placing all mills in full operation. The plant network runs at about 60 percent capacity as orders surge. In Albany, the Public Service Commission approves New York Central & Hudson River purchase of 69.54 shares of Little Falls & Dolgeville stock at up to 14 dollars per share, boosting holdings to 2,430.44 of 2,400 shares.

Tribune Pittsburg United States Steel Corporation New York William Eilis Corey Corey Albany Public Service Commission New York Central & Hudson River Railroad Company Little Fails & Dolgeville Railroad Company New York Central

Back in the Touring Business by Safford Returns as Manager

Henry T. Safford resumes leadership of the George E. Marsters agency in New York after five years in other transportation roles. He has circled the globe nine times recently and made numerous preparatory tours. The New York office is at No 1 West 30th Street.

Henry T. Safford George E. Marsters New York Mr. Safford Marsters West 30Th Street

Wheat and Provisions Slump in Chicago Grain Market

Chicago wheat slips on heavy selling as Kansas City cash declines pull down prices. September wheat ends at 90 1/2 to 90 3/4 cents. oats show strength while corn remains weak. Provisions ease with live hogs boosting early demand, but futures drift lower. lard and ribs ease. receipts and shipments noted.

Chicago Kansas City Northwest Minneapolis Duluth Shorts Indiana Qars

Iron Trade Conditions Signal Slow Steel Market

The Iron Age reports slow uneven improvement in iron and steel markets. Prices show irregularity, with leaders opposing boom efforts. next spring is expected before normal conditions return.

Birmingham Philadelphia Boston Albany Havana Delaware Dallas Tex Brookline Mass Mexico Brooklyn Hudson River Chicago Chicago & Northwestern Railroad Los Angeles Cal

Grant Mason gains record title to West 55th street parcels

George Grant Mason inherits the larger share of James Henry Smith’s estate and becomes owner of record for 183 and 135 West 55th street, a 50 by 100 foot parcel. He acquired title yesterday from William Smith Mason and the Smith estate executors for 125000 dollars, amid a larger plan that included Dickel's Riding Academy and adjacent blocks purchased for a building site costing about 325000 dollars.

George Grant Mason James Henry Smith West 55Th Street Mr. Smith William Smith Mason Smith Dickel’s Riding Academy 55Th 55Th Street

Mutual Benefit Life Insurance Case Notes

Fragmentary notice references Juline A Siebert Bates and B dekson with dates July 8 and February 4 1008. The readable portion mentions a Mutual Benefit Life Insurance Company related matter.

Marine Intelligence Miniature Almanac

Daily marine data including sunrise 4 49 and sunset 7 24 with moonrise 1 02 and moon age 25. High water and tides listed for Sandy Hook Gev Island Fell Gate and Hell Gate with morning and afternoon predictions.

Sandy Hook Island Fell Gate Hell Gate

Transpacific Mails Sailed From New York and San Francisco

Ships listed with destinations across the Pacific including New York New Zealand Australia Samoan Islands New Caledonia Hawaii Japan Corea China Philippine Islands Guam and the Marquesas Islands. Vessels include Lord Sefton America Maru Empress of Japan U 8 Transport and Mariposa with scheduled departure times in late July and early August.

New York New Zealand Australia Samoan Islands New Caledonia San Francisco Lord Sefton Hawaii Japan Corea China Philppine Islands Philippine Vancouver Victoria Guam Philippine Islands U 8 Transport Tabbitt Marquesas Islands Mariposa

Western Elevator acquires Northern Grain assets in merger

Manitowoc Wis July 22 Western Elevator Company based in Winona Minnesota completed a major grain trade merger by purchasing Northern Grain Company. The deal adds fifty-five country elevators and two large terminals at Manitowoc with three million bushels capacity. Total network spans 200 towns across Iowa Minnesota South Dakota Wisconsin and storage near seven million bushels valued at over 20 million dollars.

The Tribune Manitowoc Wia Western Elevator Company Winona Minn Northern Grain Company Iowa Minnesota South Dakota Wisconsin

Securities Auction Report From Exchange Salesroom

Securities were sold yesterday at the Exchange Salesroom by Adrian H. Muller and Son on behalf of executors. Bids covered United States bonds, railroad and utility issues, and numerous corporate mortgage and trust certificates. Notable items include $25,000 Southern Railway Company 4 percent bonds and $40,000 American Sparklers Company first mortgage bonds with various maturities.

Exchange Adrian H. Muller & Son United States Corn Exchange Southern Railway Company Wea Seeecascots Knickerfecker Trust Company Brunswick & Birmingham Railroad Automatic Hook and Eye Company Seers Ee Estes Eee Cotton Picker Company American Sparklers Company First Pittsburg & Westmoreland Railway Company Pittsburg & West Peny Eastern Ne Electric Cable Company Conn Indiana Coal Company First and & Pacific Railway Company Inter Borough Realty Company American Railway and Lighting Company Eastern New York Railway Company Pittsburg & Westmoreland Railway Com— Company American Exchange National Bank Flatbush Trust Company Lexington Avenue Pavonia Ferry Seeeneee Chicago Rock Isl Manufacturers’ National Bank of Brooklyn Pany Union National Bank Garfield National Bank Carnegie Trust Company New Foundland Syndicate Standard Trust Company of New York Security Investment Company of Pittsburg Transit Finance Company of Main Trust Company

Shipping News Arrivals and Departures at Bar Quarantine

A list of steamers arriving at the Bar with origins and dates, including Campania from Liverpool and Queenstown, Atrato from Barbados, Curityba from Gibera, Oceanic from Southampton and Cherbourg, and others with passenger, mail, and cargo details. Various ships report arrivals, quarantine status, and final destinations, along with a summary of bailed ships and ports of call.

Campania Charles Liverpool Queenstown Cunards Co. Ltd Bar Atrato Watson Barbados Saanisla Cartagena Colon Kingston Sanderson & Son Curityba Onelll Gibera Banes Porto Padre Nuevitas Nipe Munson Ss Nicholas Canto Nor Jensen Port Antonio theCuneo Importing Co Hamilton Boaz Newport News Norfolk Old Dominion Ss Co Panama Corning Cristobal Gothland Berg Praeger Antwerp Red Star Line Moise Hermione Bri John Shields Bowring &Co Rar Chester Segebarth Philip Ruprecht

Business Troubles in New York and Nearby Courts

Bankruptcy petitions filed in the U S District Court reveal both involuntary and voluntary filings. Debtors include Samuel Semler’s race and trimming firm at 1348 Fifth Avenue, Anthony W Paulus a Poughkeepsie druggist, and Harry Feller real estate dealer and contractor in the Bronx. Discharges granted to several individuals, with sheriff actions and mining company judgments noted.

Samuel Semler Fifth Avenue Klauber Brothers & Co Anthony W. Paulus Poughkeepsie N. Y Harry Feller Clinton Avenue 1St Street The Bronx John L. Thomas Feller Phebe Elkan Eugene Bloch E. Bloch & Co Columbus Avenue Gillies Press Eee East 2Th Street Hough George Clark Henry Schramme Isidor Feinberg Kramer & Greenberg Rudner & Roth Second Avenue 9Th Street Foley Mogollon Mountain Investment Company Little Fannie Fanniee Cae Silver Creek Mining Compn Mineral Cree Illing Company Guardian Trust Company of New York Arizona Midland Mining Comny Vulture Development Company Lloyd P. Hepburn Arizona Midland Mint Company Hepburn

Steamers at foreign ports list departures and routes

A dated notice lists ships and itineraries with July 16 through July 22 departures and destinations. Vessels include Adriatic, Montserrat, Ghazee, Strombus, Etruria, Teuton, Kronprinzessin Cecilie, Bermudian and others bound for New York, Cherbourg, Yokohama, Calcutta, Boston, Colombo, Genoa, Naples, and more.

Tawar Pools New York Manchester Plymouth Adriatic Cherbourg Southampton Rio Janeiro Byron Montserrat Span Cadiz Suez Ghazee Yokohama Madras Strombus Colombo Calcutta Tagus Barbados Colon Teutonic Queenstown Kronprinzessin Cecilie Ger Bermuda Bermudian Cai Wildenfels Boston Algiers Crewe Hall Shanghai Christiania Palermo San Giovanni Ital Gibraltar Mato Hoston Luisiana Genoa Naples

Debtor Ebuldiner and Creditor Brennesholtz Judgment Filed

Debtor Ebuldiner and creditor Brennesholtz appear in a judgment filing dated June 16 1805 with a recorded amount of 1206 95. The entry names the parties compiling the official record and marks the legal action as filed on the stated date.

Ebuldiner David—C. Brennesholtz

Railroad Bondholders Form Committee for Protective Action

Bondholders of two series seek immediate concerted action after default on interest due July 3 190%. A committee will represent holders and deposit bonds with Bankers Trust Company by Friday July 24 1968 in negotiable form bearing coupons up to and including July 1 1908. Deposits and deposit agreement copies available from depositary or committee secretary.

Sait Bankers Tru Company Wee Eee Oo Bayard Frederick George K. Johnson Thomas W. Lawont Wiggin N_B CLOSE Wall Street W . Strong & Cadwalader Pine Lawn Court St

New York Market Notes Beans Peas Butter Cheese Eggs

New York July 22 1908 Beans and peas receipts 1554 sacks beans 1800 sacks peas market unchanged trade light for domestic beans moderate out of town trade for foreign goods Scotch peas well sustained. Butter prices advance slightly amid liberal stocks cheese strong for full cream and small colored varieties eggs steady to higher with graded stock in demand.

New York Tima California Western Liverpool Cable Pennsylvania Georgia Cartier PEARL Southern le Conte Do Ketter Do Clapp Do Lawson Ter Elberta Maryland Delaware Jersey Jersey Mountain Marrland Arizona Virginia Baltimore North South Carolina Florida Cuban Porto Rico Pacific Frfe Pacific Coast Timothy Express Long Island Toms Broilers Philadelphia Solis Kentucky tmbDalk New Y. White Dee Monmouth County South Jersey Margiant Bush Hackensack State Lima Heans Shelter Island Hermuda Orange County Okra Jeremy Jersey Ami Lone Island

Market Report: Fruit Vegetables Prices and Poultry Notes

Trading slow across sections with little demand until new crop harvest. Pacific Coast crop prospects solid, late winter weather affecting yields. Hog shipments steady, poultry prices firm as inventories tighten. eggs remain scarce but stable.

Also Mentioned on This Page

Gould W. & L. E. Securities Paper Company New York & Port Chester Road Central Chicago Grain and Provisions Iron Trade Review Amalgamated Association South Bessemer 55Th St Marine Intelligence Versel Line Para Jao Taser Eewers -Booth Boniface Sere Maracas Kelvingrove - Santos Aoyaie Wells City Swansea Lucania la Tourrine Havre French Carolina la Provence French Deutschland Sear Mn Morrow Castle Aeonnde Tore Bremen Comanche Jacksonville Clyde City of Columbus Savannah Homereus Houston Hughenden Bahia Carmania Cunard Majeatic Southampton White Star Rosali Assentoteyee Red Cross Zula Curacao Red Deaewees San Juan Minnehaha London Allan Red Star Caledonia Glasgow Altonia Venezia Fabre Tijomo Campeche Ward Concho Galveston Mallory Iroquois Clyde Son Princess Anne Old Dom Western Company Shipping News Port of New York Aragon Dungan Georgetown Atlantic Coast Lumber Corporation Sibilla Tarnow Greytown Port Limon Imagua Hamburg-American Line Guiana Carey Demerara Bar- Dados Martinique Dominica Guadeloupe Antigua St Kitts St Croix S T Thomas A E Outerbridge & Co Chichester Charleston Clyde Ss Co Prinzess Irene Petersson Oclrichs Co Strathallan Shaw Benham & Boyesen Westray Manaos Booth Ss Co. Ltd Malls F J Luckenbach Ponce Arroyo Humacao Naguabe Mayaguez Ar— Tived Mauretania Kirriemoor Martello Hull Estonia Rotterdam Libau Eugenia Prinz Sigismund Port Au Prince Gonaives le Coq Monroe Comal Momus New Orleans Drumcairne Buenos Ayres Bennett United States District Court Belcher Occidental Ophir Crown Point Union Gould & Curry Utah Hale & Norcross Julia Etruria Queens— Town Alb & Susq Joliet & Chie Alb & Vermont BN RR Tel & Cable Allegh & West la & Mo Riv Pf Lowell & and Avon G & Mt Mahon Coal of Berkshire Morris Bieech 8 & F F Nash & Decatur Bost & Albany Nashal & Low Bost & Lowell Hariem Bost & Prov Nyl&aweowee Brooklyn City BR R North Carolina Catawist Pf Ogden Old Colony Cleve & Pitts Oswero Colt & Xenia Pac & At Union Me Pat & Hud Concord & Mon Pat & Ramapo Peoria & B C & Pase Phil Trenton Eeels Pitts Bersees LE del & Brk Pitts W del Hille & 5 Eels Penn Pitts Ck Mahano Eighth Erie & Pt Sixth Avenue Fitchburg Southwest RR Grand River Vy Utica & S Greene Warren R Reae Hart & Conn W National Biscuit OHS American Shipbuilding Poid Streets Swift & Co South Side Elevated Commonwealth Sears-Roebuck Chicago Telephone Stephen Baker Edgar Marston Pres Bank of Manhattan Co Blakres Bankers Samuel G. Bayne George W. Perking Nes National Bank Moore Motignal Bank Liberty National Bank Edward F. Swinney Henry P. Davison First National Bank John F. Thompson Walter EF. Frew Corn Exchange Bank Gilbert G. Thorne Frederick T. Haskell National Park Bank Illinois Trust Mechanics’ National Bank Jersey City E.c.convei J. F. Thompson T.W. Lamont B. Strong Jr F.n.b.close Fifth Avenue Trust Company 43D Street Cincinnati, Indianapolis & Western Baieway Company Indiana, Decatur & Western Railway Company Cincinnati, Indianapolis & Western Railway Company Indiana, Decatur & Western Railway Ann Arbor Alabama Great Southern Toledo & Ironton CADE Cincinnati Texas Pacific Senta Grand Trunk System Eesenace Oe Cou Escosaes van Schaick & Co United Railwar Skcotton Wee Sis Ohnt & P Wrest Mae Chas City Ry Ls Seaboard Chas Con Elec Cent Trust Union Trust Fidelity Maryland Trust Toronto Stewart & Lockwood Mipissing Sy & Buffalo Cobalt Nova Scotia Peterson Lake Kerr Lake Trethewey Country Produce Markets
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