Railroads weigh export rate changes to China trade
Washington reports that transcontinental railroads led by James J Hill and Harriman plan November 1 action to export rates for China Japan and Australia. Inter state Commerce Commission debates rule requiring public notice of export rates and foresees little chance of overturning its rulings despite carrier resistance.
MENTIONED IN THIS ARTICLE
Washington
James J. Hill
H. Harriman
Berwynd Syndicate
China
Japan
New
Australia
Interstate Commerce Commission
Coun
Orient
Cosmopolitan Shipping Company Agt
Hamburs-American Packet Company
United States
Chicago investigates railroad decision on trade routes
The Chicago Association of Commerce plans a formal examination of the decision to abandon export Oriental trade and much of the import trade. It has secured Interstate Commerce Commission papers and will study railroad arguments, with possible appeals for rehearing or aid to block the shift, and potential requests to the commission to revise its ruling if justified.
MENTIONED IN THIS ARTICLE
Chicago
Record-Herald
Tod
Chicago Association of Commerce
Interstate Commerce Commission
President replies on railroad freight advances letter
Cincinnati July 30 Receivers and Shippers Association learned from President Roosevelt that the Attorney General is carefully examining the matter of proposed freight rate increases to Texas. The letter to the President was not lost but received and referred to the Attorney General for review. Secretary Loeb confirms careful inquiry into the issue and notes two Wilimads reportedly violating a court order.
MENTIONED IN THIS ARTICLE
Cincinnati
Roosevelt
Coort
Loeb
White House
Washington
Oyster Bay
N. Y
William Loeb, Jr
FE. E. Williamson
Chamber of Commerce
Denial by Canadian Pacific on Orient Trade Dispatch
G M Bosforth, fourth vice president of Canadian Pacific Railway, denies a Chicago dispatch claiming steamship lines on the Pacific Coast will abandon trade with the Orient. He says the railway is not part of the notice and rejects the report as false.
MENTIONED IN THIS ARTICLE
Montres
G. M. Bosforth
Canadian Pacific Railway Company
Chicago
Orient
Pacific
Japan
Plan for Arnold Print Works rehabilitation disclosed
Boston July report by receivers outlines a Plan to reorganize Arnold Print Works of North Adams Massachusetts. Creditors would receive at least cash and up to 59 percent in five year 6 percent mortgage bonds. A $2 200 600 advance from a New York trust company would enable cash payments to Westere claims. Plan approved by creditors committee and aims to consolidate assets and liabilities. Quick assets valued at 15 758 133 with liabilities totaling 50 000 000 at appointment. Creditor committee including G Wing Boston Charles W Jones Boston and others announced reorganizational steps. Also Philadelphia currency association moves under Aldrich Vreeland law with bank presidents forming a coordinating body.
MENTIONED IN THIS ARTICLE
Boston
Arnold Print Works
North Adams
Mass
New York
Westere
Cmitors
Baen
Milne
Receivbis
G Wing
Charles W. Jones
Bimeon
Chace
Fall River
Philadelphia Currency Association
Idelphia
Focal Bank
Delphia National Currency Association
Aldrich-Vreeland
Knapp Expelled From New York Stock Exchange
The governing committee of the New York Stock Exchange ordered the sale of John M. Knapp's membership after finding Coster, Knapp & Co. failed due to reckless and unbusinesslike dealings. Knapp, a board member since April 11, 1907, is declared ineligible for reinstatement amid bankruptcy disclosures and revelations of Charles Coster's personal speculation.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Coster, Knapp & Co
Charles Coster
John M. Knapp
Thomas
Coster, Ena & Co
Exchange
W. B. Coster
Knapp
The
Byerley Promoter Proposes Twenty four Hour National Bank
Samuel Byerley a former express clerk tied to a Spanish war era bond move has advanced to bank promotion with a plan for a $200000 capital bank in Times Square named The Twenty four Hour National Bank. William Thomas Carpenter of Broadway co leads, with local merchants eyed for stock support. A subscription clause diverts funds to promoters prompting a Bank Examiner to flag charter issues, while a downtown bank is listed as depository without its knowledge.
MENTIONED IN THIS ARTICLE
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
Depository
Keweenaw copper shipments mark mining epoch in Lake Superior
Notes of the mines describe the start of active shipments from Keweenaw and the potential for new companies if early output matches expectations. John A. Ryan and North Butte Extension Copper Co plan a mid August production ramp as funds surge. The King Edward Co in Cobalt installs a ten stamp mill to process low grade ore, aiming for $19 net per day with 12½ percent reserves and 500,000 shares listed. Canada holds about 40,000 NY market shares at 50 cents.
MENTIONED IN THIS ARTICLE
Keweenaw
Lake Superior
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
Bankruptcy filings reveal multiple corporate collapses and creditors
Involuntary petition against Alin Brothers Co. for $68.14 and alleged $1,500 in preferences. Voluntary filings show assets mostly non existent for various firms, with largest debts including Alonzo Kimball and Sarah W. Gilbert at $20,000 each and Bernhard Mayer at $14,500. Schedules show liabilities and assets across several businesses, including Louis Danishefsky and S. Jones Company, with creditors such as the Greenpoint Metallic Bed Co. and American Woollen Co. among others. Dows’s Mercantile Agency assigned for creditors’ benefit. officers named as Joseph H. Dows and M. A. Dows. incorporated in 194 with capital $100,000.
MENTIONED IN THIS ARTICLE
United States District Court
Alin Brothers € Co
Mercer Street
Imperial Braid Company
Leibowitz & Jankellowitz
East 3d Street
Alonzo Kimball
Broadway
Sarah W. Gilbert
Bernhard Mayer
Beekman Street
Kesil Leibowitz
Abram Jankellowitz
Louis Danishefsky
Delancey Street
Corn Exchange Bank
Fast Side
Greenpoint Metallic
Chrystie Street
S. Jones Company
East 4Th Street
American Woollen Company
Fifth Avenue
BW. A. Cesar & Co
Greene Street
Fleittman & 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 March Labor Report
Albany reports show 138,181 idle of 387,450 union members, 85.7 percent idle on last day of March and 101,466 of 386,115 idle over January to March, amid broad industry slowdowns. Building trades suffer most, with New York City hit hard. manufacturing sectors like clothing, metals, and printing show high idleness. Emigration shifts and fewer strikes mark the period, while union strength declines and mediation work rises.
MENTIONED IN THIS ARTICLE
Albany
New York City
Buffalo
Rochester
Syracuse
Schenectady
Troy
Steel Firm to Acquire Rail Mill in Deal
Sault Ste. Marie reports United States Steel Corporation will acquire the Lake Superior Corporation rail mill through a control shift via bond and stock sale concluded in Philadelphia yesterday.
MENTIONED IN THIS ARTICLE
Sault Ste. Marie
Mich
United States Steel Corporation
Lake Superior Corporation
Philadelphia
Lenox Conference Ends as Kellogg Heads East
In Lenox Mass on July 30 government lawyers focused on reviving actions against the Standard Oil Company. Kellogg leaves for New York and St Paul while Bonaparte stays at his Lenox cottage to push motions for rehearing and potential appeals through the Seventh Circuit and Supreme Court, with trials likely delayed until next year.
MENTIONED IN THIS ARTICLE
Lenox
Mass
Standard Oil Company
Frank H. Kellogg
New York
St. Paul
Charles J. Bonaparte
Standard Oils Company
Simms
Chicago
Circuit Court of Appeals
Court of Appeals
United States Supreme Court
United States Circuit Court
Seventh District
Kellogg
Standard Oil Trust
William H. Taft
M. F. Elliott
Bonaparte
Landis
Government to Push Spirit Cases in Federal Courts
Chicago July 30 restraining orders on labeling alcohol as spirits remain in force until the Court of Appeals decides. Judge Kohlsaat kept the order while Peoria distillers’ case moves. Goshen Indiana will see similar orders for Terre Haute distillers. Washington directs revenue agents to enforce orders only in specified districts and distilleries while appealing all other cases to courts of last resort.
MENTIONED IN THIS ARTICLE
Chicago
Thompson, Severn and Humphrey
Cincinnati
Kohlsaat
United States Circuit Court
Distillers of
Peoria
Court of Appeals
Goshen
Ind
Terre Haute
Washington
Internal Revenue
Lawson's Plan Turned Down By Curb Exchange Committee
Boston July 30 Thomas W Lawson learned his plan to reorganize the Boston Curb Exchange was not approved by the committee Charles S Dole was elected chairman of a reorganization committee which will begin work immediately seven curb members will be named to the panel
MENTIONED IN THIS ARTICLE
Boston
Thomas W. Lawson
Boston Curb Exchange
Charles S. Dole
Transfer Books Open for Denver and Rio Grande Merger
The Denver and Rio Grande Railroad Company announces the opening of stock transfer books on July 28 1998 through July 31 1998 as it merges with The Denver and Rio Grande Railroad Company of Colorado and Utah. On August 1 1908 certificates will transfer to stock in the consolidated company with preferred and common shares exchanged at one for one.
MENTIONED IN THIS ARTICLE
Denver and Rio Grande Railroad CO
Saida
Impany
Denver and Rio Grande Railroad
Con
Colorado
Utah
The
Denver and Rio Grande Railroad Company
W. with L E bonds plan financing notes
The plan to finance the Wheeling and Lake Erie notes 8 million nine hundred thousand was delayed to today after the Harriman Gould Schiff conference. The Wabash directors approved the plan and the banking syndicate Kuhn Loeb Blair Co said a loan terms and collateral are under discussion. Expected collateral includes 12 million Wheeling & Lake Erie bonds and 2.9 million in equipment with traffic alliances anticipated among Wheeling Wabash Pittsburgh Terminal and Erie.
MENTIONED IN THIS ARTICLE
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
The
Erie
Tribune
Gould and Erie
Stock Exchange
Gould-Harriman Alliance
Harriman
Frederick Dorr suspends broker business amid dull times
Frederick Dorr, a broker with offices in San Francisco Los Angeles Salt Lake City Butte and Spokane and member of the New York Stock Exchange and Chicago Board of Trade, telegraphed from Chicago to suspend business due to lack of patronage. He said no money was lost or borrowed against memberships and advised against accepting funds while noting credit injury from a bad combination of circumstances. Local NYSE officials had little information beyond dispatches.
MENTIONED IN THIS ARTICLE
San Francisco
Frederick Dorr
Los Angeles
Salt Lake City
Butte
Spokane
New York Stock Exchange
Chicago Board of Trade
Dorr
Chicago
Marine Intelligence Miniature Almanac Summary
Marine intelligence notes tides sunrise and sunset times with moon data. Wireless reports list ships Lusitania Amerika La Savoie and Baltic with positions east of Sandy Hook and expected docking times today and tomorrow.
MENTIONED IN THIS ARTICLE
A.M
Sandy Hook
Gov. Island
Hell Gate
Lusitania
Amerika
la Savoie
Baltic
Destination and steamer timetable summary
Close in New York Japan Corea China and Philippine Islands via Vancouver and Victoria Boommiorenses of Ja Today 6 30pm Hawaii Guamattiing Islands via Franciscs U 5 Ta Today 6 30 pm Tabiti and Marquesas Islands vila
MENTIONED IN THIS ARTICLE
New York
Japan
Corea
China
Philippine Islands
Vancouver
Victoria
Boommiorenses
Hawaii
Guamattiing Islands
Tabiti
Marquesas Islands
Vila
Erie Raad Company Notice on Cash Coupon Purchases
Prepared at any time through July 31 1968 to purchase in cash all coupons due August 1 1908 of the Erie Railroad Pennsylvania Coal Era 50 year gold bonds. Indicates various global destinations and ships with dates August 63 through August 13 1963 6 30 p m connections, listing agents and routes.
MENTIONED IN THIS ARTICLE
Erie Raad Company
Erie Railroad
Pennsylvania Colat
J. P. Morgan
Shipping News Delays and Arrivals From Various Ports
A terse log of vessel movements includes arrivals and departures across multiple ports. Ships such as Deutschland, Kénig Albert, Crown of Navarre Bry, Floride, Katuna, Bermudian, Indradevi, Funclarence, Red' Italia, Cedric, Corsican Prince, Umbria, Lindenfels, St Andrew, Sannio, Beacon Light and others are listed with routes to New York, Genoa, Calcutta, Colombo, Antwerp, Naples, Liverpool, Queenstown, and more, dated July 2 to July 30.
MENTIONED IN THIS ARTICLE
Hamburg
Deutschland
New York
Plymouth
Cherbourg
Naples
Kénig Albert
Genoa
Trinidad
Crown of Navarre Bry
Havre
Floride
M la Provence
Suez
Katuna
Calcutta
Colombo
Boston
Satled
Re d'Italia
Ital
Liverpool
Cedric
Queens+town
Santos
Queenstown
Umbria
Adriatic
Gnemar
Lindenfels
Ger
Port Si
Also Mentioned on This Page
Commission
Association of Commerce
Canadian Pacific
Arnold Print Rehabilitation
J. M. Knapp
Byerley Bank
Immigration and Emigration
New York State
Industrial Relations
Lake Carriers’ Association
International Longshoremen’s Union
State Bureau of Mediation and Arbitration
Bureau of Factory Inspection
Natice
Frank B. Kellogg
Lawson
Ann Arbor
Chicago Great Western
Orcas
Detroit, Toledo & Ironton
Iowa Central
Minneapolis & ST. Louis
Aera Eeewess
JSEPH
Grand Island
Foreign Government
Cologne
Munich
Eic
Augsburg
Saxony
Vienna
Fon-M3
Berlin
Justice Peersince Alpha
Kentucky
Andes Belcher
Best & Belcher
Occidental
Ophir Jiewan
Caledonia
Overman
Savage
St Louis
Union
Gould & Curry Senate
Hale & Norcross
Yellow Jacket
EE. T. Jeffery
Stephen Little
W.& L. E. Bonds
Marine Intelligence
Transpacific
Cunard
White Star
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Booth
Maranhen' Parbados
Ward
Seguranca Era Cruz
Crown of Cast
Orleans
Satsuma
Gibraltar
Barber Indrawah
Tees
Valdivia Barry
Erika
Barcelona
Gans
London
Iroquoits
Savannah
Memphis
Galveston
So _ Pacific
Mallory
Southampton
Hamburg-Am
Amerika Hamburg
Saratoga - Havana
la Savoie Havre
Seville
Rotterdam
Holland- Am
Rotterdam Colon
Panama
Finance
Rosetti
Barbados
Ham
Maraval Tinidad
Carolina San Juan
India
Cardiff
Ity
Annan
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Hayts
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Tampa
Monroe
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Norton
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Red
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Trinida
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Prin
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Princess Irene
Lloyd
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Red Star
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Glasgow
Nate
Perugia
Algonquin
Jacksonville
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Alamo
Hamilton
Old Dom
Sekerson
Erie Railroad Company
Church Street
J. P. Moran & Co
Wall Street
Board of Directors
F. D. Underwood
Shipping News
Port of New York
Firoil
Nor
Tiltland
Atlantic Fruit Company
Moraitis
Gree
Boytaridos
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Mdse
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Fowler
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Malls
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Philip Ruprecht
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Hulphers
Newport News
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Trinidad Siegensaa Trading Co
Bay
Stoneran Cuneo
Iversen
Port Antonio
Cuneo Importing Co
Yale
Grove Boston
Metropolitan
Idaho
Loveridge
Hull
Sanderson & Sons
Noutheast
Celtic
la Touraine
Prinz Friedrich Wilhelm
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Frederic H. Hatch
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Pratt & W
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Conn &Uue
Texas Co
Trenton Pot
Pope Empire S & I
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AP & F
T&s
Sun C Co
R. L. Day & Co
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Cal & Heela Moson
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Fitchbur
Franklin
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West End St Ry
Mohawk
Parrot
Quincy
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Bingham
United Fruit