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This newspaper page contains 23 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 31, 1908

Page

15

Transcontinental Railroads Threaten Export Trade Change

Washington reports that major railroads led by James J Hill and Harriman are deter mine to export via China Japan New Zealand and Australia by November 1. The Interstate Commerce Commission may not alter its rule requiring public notice and publication of export rates, which critics say could bar carriers from quoting export rates instantly.

Washington James J. Hill Speward H. Harriman Berwynd Syndicate China Japan New Zealand Australia Interstate Commerce Commission Cosmopolitan Shipping Company Ast Hamburs-American Packet Company United States

Chicago Association to Probe Transcontinental Rail Trade

The Chicago Association of Commerce will investigate the decision of transcontinental railroads to abandon export Oriental trade and much of the import trade. It has obtained Interstate Commerce Commission papers and will review railroad arguments, with possible appeals for rehearing or to halt the railroads from leaving the business.

Chicago Record-Herald Chicago Association of Commerce Interstate Commerce Commission Commission Caw

President Receives Reply Over Freight Rate Protests

Cincinnati reports the Receivers and Shippers Association informing President Roosevelt that the Attorney General is carefully reviewing proposed freight advances. A letter to the President stating two wallmands disobeyed court orders was deemed not misdirected and reached the President. Secretary Loeb’s reply confirms receipt and AG’s inquiry as of July 1908.

Cincinnati Receivers and Shippers’ Association Roosevelt Loeb White House Washington Oyster Bay N. Y William Loeb, Jr T. FE. E. Wildemson Chamber of Commerce

Denial by Canadian Pacific on Orient Trade Blow

G. M. Bosforth, fourth vice-president of Canadian Pacific Railway, denounces a Chicago dispatch claiming steamship lines on the Pacific Coast will abandon Orient trade, saying the company is not party to such notice and Japan’s Pacific ambitions are not yet realized.

Canadian Pacific Montres G. M. Bosforth Pa-ge Railway Company Chicago Orient Pacific Japan

Plan for Arnold Print Works rehabilitation outlined

Boston July 2 a plan for rehabilitating the Arnold Print Works of North Adams Massachusetts, last November, was made public by the receivers. Creditors would accept at least 80 percent in cash now and up to 4 percent in five year mortgage bonds. An advance of 230,600 from a New York trust company is needed to carry out the plan, with plants securing any remaining Western claims. Bonds would be secured by a first lien on the plants. The plan, approved by the creditors committee, would consolidate assets and liabilities and involve reorganized company Meelverstere. The quick assets total 15,758,133. A creditors’ committee in Boston announced a reorganization alongside the Arnold Pit Works and allied concerns.

Boston Arnold Print Works North Adams Maas New York Trust Company Westere Meelverstere Sie Arnold Pit Works G Wing Charles W. Jones Simeon B. Chave Fall River

Philadelphia currency association formed in city meet

In Philadelphia on July 26 a meeting of local bank presidents led to the formation of the Philadelphia Nations Currency Association under the Aldrich Vreeland act. A national committee was appointed and nearly all local institutions were represented.

Philadelphia Currency Association Phil Banke Philadelphia Nations Currency Association Aldrich-Vreeland

J M Knapp Expelled by Exchange Committee

The New York Stock Exchange governing committee expelled John M Knapp, a director of Coster Knapp Co, after finding the firm failed April 29 1908 due to reckless and unbusinesslike dealings. Knapp held a seat since April 11 1997 and was declared ineligible for reinstatement.

New York Tock Exchange Coster, Knapp & Co Charles Coster John M. Knapp Exchange Thomas Coster, Ena & Co Ciren Nees W. BR. Coster Knapp Committee On Committee On Admissions The

Byerley Promoter Plans Twenty Four Hour National Bank

Samuel Byerley, once a clerk turned promoter, unveils a plan for a bank in Times Square with capital 200000 and a 0.90 surplus. William Thomas Carpenter joins the effort. The scheme includes a 130 share price and a 10000 promotion fee, plus 50,000 surplus, while a subscription clause earmarks 25 per share as bank surplus and 5 for promotion. Charlies A. Hanna flags likely charter issues with the plan.

Samuel Byerley Express Company National Bank Times Square Byerley William Thomas Carpenter Broadway New Bank 42D Street Charlies A. Hanna National Bank Examiner Federal Banking Department National Banking Association

Keweenaw copper shipments spark mining boom forecast

Notes of the Mines report early shipments from the Keweenaw mining district mark an epoch in copper production. North Butte Extension Copper Company aims to fund ongoing work by August, with first ore shipments expected in two months. King Edward Company adds a ten stamp mill in Cobalt to extract low grade ore, projecting $10 net daily and reserves valued at $12% per share on 500,000 shares. Canada accumulates about 40,000 shares in New York trading near the price.

Keweenaw Lake Superior Keweenaw County John A. Ryan North Butte Extension Copper Company New York Ryan John Miles Butte and New York Company Bennett Minzesheimer Butte King Edward Company Cobalt Canada

Bankrupt petitions filed in U S district court against several firms

Involuntary bankruptcy against Alin Brothers & Co garment makers at Mercer street. Claims total 68 14 with 1 preference alleged. Voluntary cases include Leibowitz & Jankellewitz with assets 65 414 33 and no assets. Major creditors listed include Kimball, Gilbert, and Mayer with claims from 14 500 to 320 000. Schedules reveal varied liabilities and assets across multiple firms in garment and metal trades, with Dows's Mercantile Agency assigned for creditor benefit and Everett P Hervey appointed.

United States District Court Alin Brothers & Co Mercer Street Imperial Braid Company Leibowitz & Jankellewitz East 34 Street Alonzo Kimball Broadway Sarai W. Gilbert Bernhard Mayer Beekman Street Kesil Leibowitz Abram Jankellowitz Louis Danishefsky Delancey Street Corn Exchange Bank Fast Side Greenpoint Metallic Bed Company Chrystie Street S. Jones Company East 4Th Street SRM American Woollen Company Fifth Avenue W. A. Cesar & Co Greene Street Fleitman & Co Broome Street Germania Mills No. & Leonard Street Dows’s Mercantile Agency No. Beaver Street Everett P Hervey Joseph H. Dows M. A. Dows

Unemployment Soars In New York State Labor Report

Albany reports show 138,181 idle at end of March and 101,466 idle over January to March, with overall unions totaling 298,582 members across New York State. Building trades and transportation show sharp idleness, while foreign labor flow and emigration shift as unions renew spring agreements without wage changes amid the 1908 downturn.

Albany New York City Buffalo Rochester Syracuse Schenectady Troy FIO Lake Carriers’ Association International Longshoremen's Union State Bureau of Mediation and Arbitration

Steel Company to Buy Rail Mill in Lake Superior Sale

Sault Ste Marie Michigan July 30 It is reported United States Steel Corporation will acquire the rail mill of Lake Superior Corporation via a bond and stock sale in Philadelphia yesterday.

Sault Ste Marie, Mich United States Steel Corporation Lake Superior Corporation Philadelphia

Lenox Conference Ends as Kellogg Leaves for New York

Lenox Mass July 3 government lawyers prominent in Standard Oil litigation break up after Kellogg leaves for New York and Bonaparte returns to Lenox. Division plans immediate move to rehear in Chicago Circuit Court of Appeals with possible Supreme Court certiorari if denied. Kellogg targets August briefs and September arguments while campaign duties may continue.

Lenox Mass Standard Oil Company Frank H. Kellogg New York St. Pau Charles J. Bonaparte Simms Chicago Circuit Court of Appeals Court of Appeals United States Supreme Court United States Circuit Court Seventh District Kellogg Wiliam H. Taft

Government to Push Spirit Cases in Federal Ruling

Chicago and Washington report the restraining order on labeling alcohol as spirits remains in effect for distillers in Peoria and Terre Haute, with Judge Kohlsaat to rule on the injunction. Federal agents will enforce orders in districts involved while appeals are pursued to higher courts.

Chicago Thompson, Severn and Humphrey Cincinnati Kohlsaat United States Circuit Court Peoria Court of Appeals Goshen Ind Terre Haute Washington Internal Revenue

Lawson's Plan Rejected by Boston Curb Exchange Panel

Thomas W. Lawson learned today that his plan to reorganize the Boston Curb Exchange was not approved by the committee. Charles S. Dole was chosen chairman of the reorganizing committee, which will begin work immediately, with seven curb members appointed to the panel.

Boston Thomas W. Lawson Boston Curb Exchange Charles S. Dole

Denver and Rio Grande Stock Transfers Amid Consolidation

The Denver and Rio Grande Railway transfers open July 28 to July 31, 1908. Stock in the old company will transfer on August 1 to the new consolidated firm formed by merger with The Denver and Rio Grande Railroad Company Colorado and Utah. Preferred and common shares convert share for share at same par value.

Denver and Rio Grande Railroad CO Wes Denver and Rio Grande Railroad Company Colorado Utah The

W. and L. E. bonds plan financing announced

Announcement of the plan to finance the Wheeling and Lake Erie notes was delayed to today. The plan, discussed by E. H. Harriman, George J. Gould and Jacob H. Schiff, was finalized at a Wabash directors’ meeting. The loan collateral comprises $12,000,000 in general bonds and $2,000,000 in equipment.

Wheeling & Lake Erie E. H. Harriman George J. Gould Jacob H. Schiff Wabash Railroad Company Mr. Gould Kuhn, Loeb & Co Blair & Co Wheeling & Lake Erie General Wheeling & Lake Erie Securities Harriman and Gould Wabash Pittsburg Erie The Tribune Gould and Erie Stock Exchange Gould-Harriman Alliance Harriman

Frederick Dorr Suspends Business Across Exchanges

Frederick Dorr a broker with offices in San Francisco Los Angeles Salt Lake City Butte and Spokane and a member of the New York Stock Exchange and Chicago Board of Trade telegraphed to his local manager to suspend business due to dull times. He stated no one has lost money and advised against accepting funds while asking for time. News dispatches note little recent activity on his exchange business.

San Francisco Frederick Dorr Los Angeles Salt Lake City Butte Spokane New York Stock Exchange Chicago Board of Trade Dorr Chicago

Maritime Intelligence Miniature Almanac Update

Lusitania, 350 miles east of Sandy Hook at noon yesterday, expected to dock about 7:30 am today. Amerika, east of Sandy Hook at 16:49 yesterday, due about 7:30 am Saturday. La Savole, 72? miles east, due about 7:30 am Saturday. The Baltic, 28% miles east, due about 2 pm today.

Lusitania Sandy Hook Amerika la Savole Baltic Cunard Barry le O- Erika Barcelona Gans London Troquois Savannah E! Mar Galveston Pacific Mallory Southampton Hamburg Havana Hama Aceon la Savot Saratoge Havre Mantinea Seville Rotterdam Holland-Am Finance Colon Panama Rosetti Barbados Maraval Trinidad Carolina San Juan India Savanna

Transpacific Mails Schedule Update

Notice lists routes to New York, Japan, Korea, China and Philippine Islands via San Francisco and Victoria with Empress of India and other liners. Includes timetable noting 6 30 pm departures for Pacific destinations and via Marquesas Islands today and Pacific routes.

Transpacific New York Japan Corea China Philippine Islands Renee Meee Ictoria Empress of Nivia San Guam Sa Binteine Islands San Francisco U 5 Marquesas Islands

Erie Road Company to redeem gold bond coupons by July 1968

Notice states the Erie Road Company will purchase in cash all coupons due August 1, 1908 on Erie Railroad Pennsylvania Collateral 50 year gold bonds. The acceptance period runs to July 31, 1968 at any time. Names J P Morgan & Co and overseas contacts listed.

Erie Road Company Erie Railroad Pennsylvania J. P. Morgan

Shipping News Port of New York July 30 1908

Shipping report from New York lists arrivals at the Bar and quarantine times for many steamers including Fruit Tiltsland Sama 4 days and Moraitis to NWA Galianas with cabin and steerage counts, Etruria, Teutonic, Trinidad, Pring Eltel Friedrich, Iroquois towing Navahoe, and Navahoe cargo details, plus wind and sea conditions.

Fruit Nor Tiltland Sama Atlantic Fruit Company St Lucia Howard Houlter and Partners Patricia Ger Magin Hamburg Boulogne Plymouth Hamburg American Line Rocers Moise Etruria Bri Potter,ing Queenstown Renue Bar Manna Hata Charles Baltimore New York & Baltimore Transportation Line Mise Comus Jacobs New Orleans Southern Pacificc Co Teutonic Smith Sea and Cherbourg White Star Line Trinidad Bri McKenzie Quebec Charlottetown Halifax A E Co Pring Eltel Friedrich Krause Cape Harti Navahoe T Eener Sloterdyk Metz Rotterdam Holland-America Line Monroe Hulphers Newport News Norfolk Denes Gota Maracas Kirkby Perth Amber Trinidad Shirging and Trading Co He Bay Ida Cuneo Iversen Port Antonio Cuneo Importing Co Pata Vale Grove Boston Metropolitan Se Co Idaho Loveritte Hull Sanderson & Sons The Sandy Hook N J Noutheast Celtic Liverpool la Touraine Havre Prinz Friedrich Wilhelm Bremen Guiana St Thomas St Creix Mexico Havana Vera Cruz el Dorado Galveston Princess Anne Kansas City Savannah Oregonian Puerto Mexico Apache Charleston Jacksonville Wells City Bristol

Shipping arrivals and sailings list for July and August

Hamburg and New York routes note ships such as Deutschland Knig Albert Floride and Katuna sailing from or to Genoa Naples Calcutta Colombo and Boston with dates July 20 to July 30. Queenstown Liverpool Southampton and New York connections appear along with ports like Port Said and Antwerp. Several British and Italian liners listed with destinations and approximate timings.

Prins Willem Jil Haytl Ward Asses Vigilancia Bahamas Rio Grande Tampa Mallory Monroe Norfolk Old Dominion Philadelphia Southampton American Campania Liverpool Cunard Venetia Newfoundland Red Cross Strathallan Argentina Norton San Juan Aurora Curacao Prinz Joachim Colon Hamb Havana Maracas Grenada Trinidad Jacksonville Clyde Alamo Galveston Hamilton City of Columbus Savannah Hamburg Deutschland Ger New York Plymouth Cherbourg Naples Kenig Albert Genoa Jody Crown of Navarre Fry Havre Floride M la Provence Suez Katuna Calcutta Colombo Boston Bermuda Bermudian New Auckland Indradevi Vincent Melbourne Valparaiso Funclarence Baltimore Re d'Italia Ital Cedric Queenstown Santos Adriatic Gibraltar Lindenfels Port Said Seitly St Andrew Antwerp Sannio Gana Tasik Beacon Light Dutir

Also Mentioned on This Page

Association of Commerce Arnold Print Rehabilitation J. M. Knapp Byerley Bank Immigration and Emigration New York State Industrial Relations Bureau of Factory Inspection Frank B. Kellogg St. Paul M. F. Elliott Bonaparte Landis Lawson Ann Arbor Chicago Great Western Detroit Toledo & Ironton Iowa Central Minneapolis & ST. Louis ST. Jseph & Grand Island Cologne Munich Bavarian Ore Augsburg Hessian Vienna Saxony Berlin Justice Kentucky OL Gould Curry Norcrom Eeessees Hale E. T. Jeffery Stephen Little W. & L. E. Bonds Marine Intelligence Gov. Island Hell Gate I Wasceceneeaer Alliance Hayti Ekerson Erie Railroad Company Church Street Erie Railroad Pennsylvania J. P. Moran & Co Wall Street Shipping News Port of New York Frederic H. Hatch Broad Street de Cel&pp S& Do Hbrass Uz Lord & Taylor Wee Do Lorillard Niles-Ber-P Babcock Standard Mill Texas Oedo Trenton Pvt Hall Signal Union Carbolite Union Ferry Za & Nickel United N Airoy T&s Sun C Co Lg Wat So Va-Car Chem NJ Sm Lt R. L. Day & Co Rost & Albany Cal & Heelan M.S of IR Fitehbur Franklin Miteay Old Colony West End St Ry U & Smellers Co
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