Gould Exults Over Fine Set Aside and Rail Link Talks
Gould voices optimism on business outlook after receiving news that a fine was set aside. He discusses railroad assets, potential partnerships with Harriman and Kuhn, Loeb, and Co. and plans to manage notes due August 1. He praises Judge Grosscup’s decision and notes foreign investors showing renewed interest in American securities.
MENTIONED IN THIS ARTICLE
Europe
Cecilie
Pease
E. H. Harriman
Gould
Financial
Iste
Ee. H. Harriman
Gould Properties
Judige Landis
Tam
Taft
Marjorie Gould
Jay
Court
Wheeling & Lake Erie
Wabash Pittsburg Railway Terminal Company
Erie Railroad Company
Erie
Aqueduct Contract Awarded For Catskill Water Project
The Stewart Kerbaugh Shheniery Company wins the six and a half mile Catskill Aqueduct section from Rondout Creek to Ashokan dam for 2 355 920 dollars. The concrete line to New York will be seventeen feet high and seventeen and a half feet wide, passing through Marlborough and Olive. Additional bids for three and a half miles near the Wallkill Valley and the Wallkill Valley siphon will be readvertised as funds and progress continue.
MENTIONED IN THIS ARTICLE
Catskill
Rondout Creek
Ashokan Dam
Board of Water Supply
Stewart-Kerbaugh-Shheniery Company
Achokan
New York
Mardletown
Olive
Bosra
Wallkill Valley
Steamship Rate Conference Forms South American Pact
Representatives of major steamship lines gather in Fannburg on July 2 to discuss a community of interest for South American passenger traffic similar to the North Atlantic arrangement. Albert Bellin of Hamburg-American presides. Twenty four delegates from German English French Dutch and Spanish lines attend. Talks aim for a short term experimental contracts. Afterward Cuban and Mexican trades will seek a similar pact.
MENTIONED IN THIS ARTICLE
Fannburg
Albert Bellin
Hamburg-American Company
Business Troubles Involuntary Bankruptcy Filings
Petitions filed in United States District Court reveal involuntary bankruptcy actions against Morris Ornitz and Luther Martin Jr with combined claims totaling over 68 thousand dollars. Receivership assets and listed liabilities include Cooke Bank Note Engraving, Toscani Brothers, and others, with numerous individuals and firms named across Manhattan addresses.
MENTIONED IN THIS ARTICLE
United States District Court
Morris Ornitz
Eldaridze Street
Joseph Schultz
Michael Hirsch
Cohn
Judge Hough
Luther Martin, Jr
Eset Tid Street
Robert W. Martin
Peter Christensen
Edwin H. Murdock
Martin
Luther Martin
Ada Heinze
Beiter
Gluntary
Jacob F. Braun
Fifth Avene
Third Avenue
Braun
Xales
Adolphe Schwab
Maiden Lane
B. Strassberger
Cooke Bank Note Engraving Company
Frederick J. Grace
Cedar Street
Toscani Brothers
Empire City Marble Company
Eleventh Avenue
Isaac Greenberg
Bleecker Street
Labili
Scenters
J. Marcus
Providence
Bannendah! & Co
Fifth Avenue
E. Dommerich
Greene Street
Unitea Mis Company
Grosdwar
Forstmann & Co
Bressway
John and
James Dobson
Front
Skiff Upset Near Statue of Liberty In Big Bay Swell
A Bay of New York incident left three men clinging to life after a small skiff capsized off the Statue of Liberty. Tug James A Garfield rescued John Rose and two companions, John De Meyer and Joseph Caffero, all of South Brooklyn, as they were hauled aboard and revived. The trio were later brought to Pier 38 Atlantic Basin.
MENTIONED IN THIS ARTICLE
Sandy Hook
Asbury Park
James A. Garfield
Daniel Gully
John Rose
Brooklyn
Gully
Cape Corso
Liberty
Garfield
John de Meyer
Joseph Caffero
South Brooklyn
Pier 38
Atlantic Basin
Reorganization Plan for Morse Steamship Bondholders Plan
The bondholders committee for Consolidated Steamship Lines outlines a plan to form a new company with 40 million dollars in stock split evenly between preferred and common. It includes issuing 15 million dollars in collateral trust bonds, 12 million to old bondholders, 7.2 million to note subscribers, and 0.3 million to bankers. Old holdings convert to a mix of preferred and common stock with a total par of 575 dollars per 200 dollar bond. Deposits due by August 12 with Hayden, Stone underwriting the notes.
MENTIONED IN THIS ARTICLE
Consolidated Steamship Lines
Clyde Steamship Company
Mallory Steamship Company
New York and Cuba Mall
Southern
Bankers’ Commission
Hayden, Stone & Co
Boston
New York
Rail chiefs push rate rise or pay cuts in freight dispute
W C Brown senior vice president of the New York Central lines argues that rail earnings must rise or railway workers faces substantial pay cuts. He backs ICC action to study increased freight rates in advance, saying arbitration could help while not altering the movement’s outcome.
MENTIONED IN THIS ARTICLE
W. C. Brown
New York Central Lines
Brown
Interstate Commerce Commission
Parks and Playgrounds plan to revamp city sites
A meeting at 4 PM in the office of Eugene A. Philbin, head of the Parks and Playgrounds Association at No 2 William Street, invites 125 civic groups to discuss a charter revision plan. The plan aims to systematize park administration and site layout in all boroughs, with economical site acquisition and volunteers.
MENTIONED IN THIS ARTICLE
Eugene A. Philbin
Parks and Playgrounds Association
William Street
Charter Revision Commission
Mr. Philbin
Queens
Richmond
Manhattan
Brooklyn
Bronx
Revision Commission
The
Chamber of Commerce
Municipal Art Society
Charity Organization
National Arts Club
Tree Planting Association of
New York City
Federation of Churches, the
People’s Institute
Medical Society of the County of New York
American Scenic and Historic Preservation Society
Association of Neighborhood Workers
City Club
Shippers Seek Conference Over Freight Rate Hike
Chicago July 28 The Illinois Manufacturers Association led action for talks with railroads on a proposed rate rise. Fred W Upham chaired the shippers committee and sent letters to railroad presidents north of the Ohio River and east of the Mississippi asking for a conference to decide peace or war on the issue and resolve doubts. Closed copies of resolutions protesting the increase accompanied the invitations.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Manufacturers’ Association
Fred W. Upham
Shippers’ Committee
Ohio River
Mississippi
Shippers’ Conference
Bank admits missing funds at Tradesman National Bank
Philadelphia July 28 The Tradesman National Bank reports a disappearance of 11000 dollars with Vice President A B Loeb acknowledging an ongoing investigation He says the bank will not lose as all employees are bonded and does not expect any arrests It is unclear if the discrepancy stems from bookkeeping error or defalcation
MENTIONED IN THIS ARTICLE
Philadelphia
No Fare Increase Yet For Coney Island Line
The Coney Island and Brooklyn Railroad delays a 10 cent fare rise from Manhattan to Coney Island with a tentative August 29 effective date. The Public Service Commission may review traffic conditions and company data after a 30 day notice, while hearings on the 10 cent stand-by proceed.
MENTIONED IN THIS ARTICLE
Coney Island & Brooklyn Railroad Company
Manhattan
Coney Island
Oliver C. Semple
Public Service Commission
McCarroll
Coney Island & Brooklyn Company
Commission
Franklin Avenue
Williamsburg Bridge
Central Pacific Note Settled After Final Payment
The Southern Pacific Company delivered a check for 2,929,661 to the Sub-Treasury in the city, ending the last installment on the Central Pacific note of February 1899. This clears all bond collateral obligations except 3,675.19 still noted from the Union Pacific central branch.
MENTIONED IN THIS ARTICLE
Central Pacific Railroad
United States
Southern Pacific Company
Central Pacific
Southern Pacific
Central Branch
Union Pacific Railroad
Lackawanna Strike Threatens
Telegraph report from Scranton July 28 notes strike polls among Lackawanna switchmen show sentiment for a strike in most towns. W H Truesdale, president, says no strike order known and he does not believe a strike will occur.
MENTIONED IN THIS ARTICLE
Tribune
Scranton
Penn
Lackawanna
Buffalo
Newark
W. H. Truesdale
Greenwich
Leases Reported On Broadway Cathedral Parkway Corner Store
Slawson and Hobbs lease ten years for the Hendrik Hudson corner store at Broadway and Cathedral Parkway to John F. Klipp. Brokers Prendergast and McBride handled the 179 Prince Street sale to Ferano and another party. O'Reilly Victor O'Brien lease two shops at Broadway 109th Street to Benedetti Brothers and I. Deutsch. Harris and Co. brokered the 464 West 46th Street six story flat with stores sale to William H. Theobald. in part payment, 127 West 131st Street was traded. De Blois and Eldridge lease Bellevue Avenue Newport property to C. O. Iselin for Mrs. John R. Livermore.
MENTIONED IN THIS ARTICLE
Slawson & Hobbs
Broadway and Cathedral Parkway
Hendrik Hudson
Broadway and
Cathedral Parkway
John F. Klipp
Manhattan
Bronx
John C. Prendergast
William H. McBride
Prince St
Joseph Delano
Charles L. Ferano
O'Reilly
Dividends Declared by Union Pacific and Southern Pacific
The Union Pacific directors announce a 24 percent quarterly dividend on common stock and a 2 percent semi annual dividend on preferred stock. Southern Pacific also declares a 14 percent quarterly dividend on common stock. Dividends payable October 1. Stock prices closed at 163 and 1 3/4 respectively, up about 12 points from prior. Jerome with M. S. A. lawyer notes upcoming motion regarding Dowling grand jury minutes in Metropolitan investigation.
MENTIONED IN THIS ARTICLE
U. P
S. P
Union Pacific Railroad Company
Southern Pacific Company
Union Pacific
Southern Pacific
Jerome
Baldwin
Metropoitan Street Railway
Dowling Grand Jury
Metropolitan
Pany
Woman Falls to Death at Hotel Calvert
Mrs. Julia C. B. McKelvin, 35, died after plunging from the third to the second floor of the Hotel Calvert at 41st Street and Broadway. Coroner Shrady found no information about the woman. Percy Pickrel, a broker living at the hotel, signed the removal certificate and said she had relatives in Washington.
MENTIONED IN THIS ARTICLE
Julia C. B McKelvin
Calvert
41St Street
Broadway
A McIntyre Dying in Transit to Baltimore
Thomas A. McIntyre head of the McIntyre brokerage firm in New York suffers from cirrhosis of the liver and is near death. He is moved from the Chamberlin Hotel at Old Point to a Baltimore steamer, with staff aiming to reach Baltimore by morning. He asks to be taken home to die.
MENTIONED IN THIS ARTICLE
the Tribune
Norfolk
Thomas A. McIntyre
New York
Chamberlin
Old Point
Baltimore
Stand ard Oil Case Set For November Trial
A special term of the United States District Court for the Western District of Tennessee will hear the case against Standard Oil Company of Indiana in November. The indictment contains 1624 counts accusing discriminatory transportation rates. Judge John B. McCall will preside. Potential fines range from at least 1.5 million dollars up to over 30 million, tied to alleged oil shipments from Whiting Indiana to Grand Junction Tennessee on the Illinois Central.
MENTIONED IN THIS ARTICLE
The
Tribune
Knoxville, Tenn
United States District Court For
Western District of Tennessee
Standard Oil Company of
Indiana
John B. McCall
Standard Oil Company
Landis
Chicago
Whiting
Ind
Grand Junction
Tenn
Illinois Central
Bonaparte to Review Standard Oil Case in Lenox
Attorney General Charles J. Bonaparte prepares a two day conference with Department of Justice officials in Lenox Massachusetts to review plans for the next actions in the Standard Oil Company of Indiana case. Frank Kellogg of Minnesota is due to arrive tomorrow to join the discussions with no action foreseen at today’s preliminary session.
MENTIONED IN THIS ARTICLE
Lenox
Mass
Charles J. Bonaparte
Department of Justice
Standard Oil Company
Indiana
Frank B. Kellogg
Minnesota
Bonaparte
Henry M. Hoyt
Washington
Edward W. Sims
Chicago
James H. Wilkerson
Sims
Kellogg
Standard Oil Company of
United States Court of Appeals
Chico
Pittsfield
Beekman Winthrop
the Treasury
Standard Oil
PLAINT OF SECOND WIFE IN HARLEM COURT CASE
Mrs. Enrique Banduy told Magistrate House in Harlem police court that a second wife is a wife treated as a secondary consideration. Banduy, a widower with four children, faced abandonment charges after a romance began in Santo Domingo and led to marriage in New York. The couple’s history includes a prominent Dominican political figure, a disinherited daughter, and a convent exile. Banduy was held on $500 bail with a continuation scheduled.
MENTIONED IN THIS ARTICLE
Enrique Banduy
No. 257
West 112Th Street
Magistrate House
Harlem
Santo Domingo
Banday
Louisa Hauptman
Paris
France
Miss Houptman
Hauptman
Bremerhaven
Germany
Arief
Banduy
Thomson Scholarships Awarded To Two Sons Of PRR Employees
Merrit E Gill of Grand Rapids Michigan and Harry W Anderson of Folcroft Delaware County Pennsylvania were named as the 2024 Frank Thomson scholarship winners. Each student receives 600 dollars annually for four years after selection by a competitive examination. The awards honor Ann Frank Graham and Clark Thomson, children of the late Pennsylvanian Railroad Company president Frank Thomson, and draw from a trust fund of 120000 dollars.
MENTIONED IN THIS ARTICLE
Merrit E Gill
Grand Rapids
Mich
Harry W. Anderson
Folcroft
Delaware County
Penn
Frank Thomson
Pennsylvania Railroad System
Ann Thomson
Frank Graham Thomson
Clark Thomson
Pennsylvana Railroad Company
Kronprinzessin Cecilie Breaks Westward Record at Sea
The Kronprinzessin Cecilie of North German Lloyd arrived after a fast Cherbourg passage to Sandy Hook, trimming six one hundredths of a knot from the Deutschland's best westward speed. She now claims the westward record for German steamers, achieving 23.21 knots over five days fifteen hours twenty three minutes despite two days of bad weather.
MENTIONED IN THIS ARTICLE
Kronprinzessin
Cherbourg
Sandy Hook
Disgruntled politician draws revolver near Milwaukee mayor
A defeated candidate for city office drew a revolver in the ante room of Milwaukee's mayor today, seen by an attending policeman who confiscated the weapon. The mayor ordered the man's name withheld, citing a lifelong friendship.
MENTIONED IN THIS ARTICLE
the Tribune
Milwaukee
Wis
Mayo Jvate
Iim
Good Steel Report Shows Strong Second Quarter Earnings
United States Steel Corporation reported net earnings of 20,265,756 for the second quarter, a strong showing at 45 percent of normal production. May and June profits rose over April and May, with a quarterly surplus of 195,595 after charges. Unfilled orders stood at 3,318,876 tons, with July bookings over 26,000 tons daily at 72 percent of capacity, except rails. Dividends were declared at 1.5 percent on preferred and 0.5 percent on common.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Steel Corporation
Hart Will Case Advances In Paris Died Beneficiary Dispute
In the Hart will case a Surrogate motion seeks delivery of 400000 in securities placed in trust for Mme Gabrielle Guillemin by Benjamin Hart at her 1880s marriage. The stock, held by United States Trust Company, is argued as a gift and property. State tax may be due if transfer occurs. Main will fight hinges on domicile. briefs due in three days.
MENTIONED IN THIS ARTICLE
Benjamin Hart
Paris
Donald Harper
No. 2 Broadstreet
Manhattan
Mme
Gabrielle Josephine Guillemin
Hart
Mr. Hart
United States Trust Company
Jean Guillemin
Vienna
Miller
Harper
Mme. Guillemin
Franklin Bien
No. 6
Beekman Street
Estelle Kitty Hart
Mrs Raisbeck Drowns At Lake Sylvia In Minnesota
Annandale Minnesota July 28 The body of Mrs George Raisbeck wife of Hake Paper Company vice president was found drifting near Lake Sylvia four miles west of Annandale The hat and coat near the body but no trace of Mr Raisbeck found despite lake dragging The couple had been at a cottage for two weeks planning to fish There were no signs of struggle Coroner and county attorney summoned Raisbeck presided over Philip Hake Manufacturing Company stationery He spends time in New York and Chicago and recently vacations in Annandale His son Percy was with Wallack theatrical company in A Knight for a Day.
MENTIONED IN THIS ARTICLE
Annandale
Minn
George Raisbeck
Hake Paper Company
New York City
Lake Sylvia
Raisheck
George A. Raisbeck
Philip Hake Manufacturing Company
Raisbeck
Chicago
Percy Raisbeck
Wallack Theatrical Company
Police Commissioner Bingham to Take One Month Vacation
Police Commissioner Bingham announced yesterday that he would begin a one month vacation on Monday. During his absence First Deputy Commissioner Baker will act as commissioner and stay in constant contact with his chief. Bingham declined to reveal his destination but said he could be reached within an hour.
MENTIONED IN THIS ARTICLE
Bingham
Baker
Sea Cliff Fights Over Long Island Railroad Landing
Sea Cliff trustees vote to grant Long Island Railroad permission to land excursion boats at Sea Cliff. The company accepts all village terms except building a trolley to the beach, which will be referred to engineers to decide feasibility.
MENTIONED IN THIS ARTICLE
Sea Cliff
Long Island
Long Island Railroad
Seaclif
First Utah Copper declares first dividend of five cents
Colorado Springs Colorado July 2 The Utah Copper Company has declared its first dividend five cents a share on 735000 shares from a total capitalization of 760000 shares. Disbursement will be made October 1 to stockholders of record September 2. The company plans regular quarterly dividends of equal amount indefinitely. John Hays Hammond is mining director of the company.
MENTIONED IN THIS ARTICLE
Colorado Springs
Col
Utah Cope
John Hays Hammond
Government debt and bids feature in city market notes
Fragmented figures show various government bonds and bids with percentages and totals. The City market references 29 percent 100 percent and multiple city values such as 904g 9144 City 253, while mentions of Col 4s Man 4s Augs 4s and FM 3s Bid appear. Readers should note unclear segments and focus on the listed percentages and numeric values.
MENTIONED IN THIS ARTICLE
Gercons
Sax
Hamb
Ols Dade
Mex
Chicago grain and provisions market reports July wheat and corn
Favorable weather for the new crop drove volatility in Chicago markets. Sept wheat closed steady at 89 1/4 to 89 1/2 cents, corn fell early then steadied with a 72 to 75 cent range, oats rose modestly, and provisions advanced with buyers from packers amid tighter hog supplies. Primary receipts topped 1.07 million bushels. world visible supply rose 730,000 bushels.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Shorts
Bull Lraders
Bradstreet’s
Minneapolis
Duluth
Gee
Tse
Te ‘Ee
Meng
Market Reports From Chicago and Across Regions
Telegraph market summaries show cattle receipts around 5,000 head in Chicago with steady prices. hogs about 1 head reported locally and prices mixed. sheep and lambs stout to steady in several markets. Regional notes include Cincinnati, East Buffalo, and Kansas City with varied cattle, hog, and sheep movements and price ranges.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Buffalo
Kansas City
Texas
Tsburg
European Produce Market closes as dull on Liverpool note
Liverpool July 28 closing prices show a dull market across commodities with spot and futures for Wheat Corn and Flour mixed and largely unchanged. Regional cattle and pork values hold firm while bacon and hams show steadiness, with refined lard and cheese prices mixed but stable.
MENTIONED IN THIS ARTICLE
Liverpool
California
Hull
London
Pacific Coast
Boston Wool Market Signals Uneven Week Prices Steady
Boston reports a subdued wool market with few buyers this week. Domestic fleeces from Ohio to New York show little price movement while sentiment remains firm. detailed quotes span fine unwashed delaine and blood combing grades through regional and western staples with varied scoured values and odd lots.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Pennsylvania
Delaine
Michigan
Wisconsin
Elaine
New York
Kentucky
Indiana
Isours
Texas
Georgia
Lake
California
Middle County
Southern
Oregon
Valley
A. Sbesae
Also Mentioned on This Page
Harriman
Stewart-Kerbaugh-Shanley Company
Bay
Morse Steamship. Lines
Philadelphia Bank
Coney Island Line
P. S.C
Sub-Treasury
T. A. Mintyre
Tennessee
Hoyt
Good Steel Report
Mrs. Raisbeck
Husband
Minnesota Lake
Utah
Swift & Co
Southside
Sears-Roebuck
Chicago Tithe
Foreign Government
Colorado & Southern
Georgia Southern & Florida
Miles Weetee
Louisville & Nashville
Rio Grande Southern
Maryland
Renee
Aurora
Elgin
Enna
Zi Inc Ee
Inc
Chicago Grain and Provisions
Telegraph
Boston Wool Market
Morton Freeeee Central
Mutual Centity Co
Nate Alliance
Ty Invest
Nassaa Asaee
Nat Surety Co
Columbia
Nylriatt
Commonwealth
Mtg & Sec
Empire Tr Co
People's Equitable
Na Co
Farm L & T
Westchester
Kings County
WeeT&em So
Aceeeee Lafayette Cas