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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

Jun 03, 1910

Page

5

Billionaire Bank Note Suit Over Engraving Monopoly

New York Bank Note Company sues H Thomas George W Ely and American Bank Note Company in U S Circuit Court seeking 5 000 000 for alleged conspiracy to bar its engraving work from the stock exchange monopoly led by the defendant firm. Complainants claim coordinated actions by executives and financiers to fix prices and exclude rivals. Defendants deny ownership and wrongdoing. summons issued and 20 days to answer.

H. Thomas York George W. Ely American Bank Note Company United States New York ‘Bank Note Company Sixth Avenue Bank Note Trust New York Bank Note Company Elds Gass & Apfel William Treet New York Bank Sore Company Newark Stock Exchange William W. Heaton The Exchange United Ak Note Corporation Heaton United Company Conttry Hem J. P. Morgan, Jr John Rockefeller William Rockefeller Edwin Achey James A. Patten George J. al Railroad Alvan Cass Cass & Apfel

Knight Tells Of Failure In Cotton Firm Bankrupt Since 1905

Birmingham reports John W. Knight head of Knight Yancey and Co testifies on the firm’s history amid its nearly six million dollar collapse. He says losses in cotton futures last season were under two and a quarter million, and that personal finances are modest. Referee adjourns hearings to the third Saturday in June. Atlanta dispatch notes expulsion of Knight Yancey from the Southeastern Cotton Buyers Association and plans to back guarantees for bills of lading.

Birmingham Ala John W. Knight Knight, Yancey & Co Knight Decatur Compress Company Warrant Warehouse Company Murphy Atlanta Southeastern Cotton Buyers’ Association London

Brook Rapid Transit Proposes Centre Street Loop Terms

Brook Rapid Transit offers two options for a Williamsburg to Municipal Building loop. The first is a fixed cost of 4,060,000 with a 5 percent annual plan. the second charges rent per car mile. The Centre Street loop is valued at about 1,000,000 with usable portion capped at 4,000,000. The Public Service Commission will consider the proposal.

Brook Rapid Transit Company Centre Street Borhway Williamsburg Ridge Public Services Mission Couny Certre Street

Bank of England Cuts Rate Amid Gold Influx

London June 2 The Bank of England lowered its rate from 4 to 3 percent as gold inflow and the prospect of early government balance releases influence policy. Directors announced the cut today.

Bank OF England London

New York Produce Exchange Honors Retiring President

Yesterday afternoon the New York Produce Exchange presented a Moiseme tea and coffee set to Welding ing, the retiring president, as a token of appreciation for his service over the last years. The presentation speech was by Ernst Pfarrius.

Bers New York Ernst Pfarrius

Deutsches Weinhaus at Brussels Exhibition Featured

The Brussels fair’s feature is the Deutsches Weinhaus Restaurant in the Tian section run by Hotel Ferhof of Berlin under Herr Ruthnick, general manager of the Keiserhof. It serves as a rendezvous for visitors, including officials from the Orléans and Belgium Exhibitions and many American travelers.

Brussels Deutsches Weinhaus Ferhof Berlin Herr Ruthnick Jeral Keiserhof Atlantic Hamburg Orléans

Cotton on Way South in shipping of 5000 bales to Georgia

The City of Montgomery sailed on maiden voyage to Savannah with 6000 ton capacity and 126 first cabin passengers. It carried 5000 bales of Georgia cotton bound for mills in Georgia as part of a larger movement. 50,000 bales to Liverpool and 28,000 to other ports have already departed in recent weeks. The first cotton report shows 92 percent of normal condition and planting at 33,196,000 acres, up from last year.

City of Montgomery Savannah Line Savannah Hest Georgia New York Bremen Southern City of Montgomery James A. Patten Havre Liverpool Breslau Baltimore North German Lloyd Line Patten Crop Reporting Board Washington

New Orleans Brokers Fail Amid Market Slump

New Orleans June 2. Neugass Morales Co Incorporated, a local brokerage house, has closed after a stock and cotton market slump. Management states all creditors will be paid in full.

New Orleans Neugass, Morales & Co., Incorporated

New York Freight Rates Hit By Joint Committee Findings

A coalition of the Merchants Association of New York the Chamber of Commerce of the State of New York the New York Board of Trade and Transportation and the Produce Exchange of New York reports that freight differentials against New York should be abolished. The panel argues conditions have worsened since 1882 and that the Interstate Commerce Commission can curb rate disturbances. It urges official action to end unfair discriminations against the port of New York.

Merchants’ Association of New York Chamber of Commerce State of New York New York Board of Trade and Transportation Produce Exchange of New York New York Thurman Commission Interstate Commerce Commission Joint Committee Atlantic

Railroads Southern Indians Chicago Southern Auction Sale Ordered

Judge Kohlsaat ordered the sale at public auction next month of the Southern Indians and Chicago Southern railroads forming a 225 mile continuous line from Southern Indiana coal fields to Chicago Heights. The line was built by a former Chicago banker now imprisoned at Leavenworth.

Chicago Southern Indians Chicago Southern John R. Walsh Kohlsaat United States Circuit Court Indiana Chicago Heights Federal Leavenworth

United Railway Investment Co Amends Capital in New Charter

The United Railway Investment Company, which controls United Railways of San Francisco and over 250 miles of trolley lines, filed an amended certificate increasing capital stock from 000.0 to 56000000. Papers signed by G. W. Bacon vice president and William Duane secretary.

Trenton N. J United Railway Investment Company United Railways of San Francisco G. W. Bacon William Duane

Firm Becomes Corporation in Driggs Insurance Firm

After fourteen years with Frederick E. Driggs in general insurance brokerage at 130 Pearl Street, George P. Nichols is elected vice president of the newly organized Frederick E. Driggs & Co. The firm continues at the same address under corporate status.

Frederick E. Driggs Pearl Street George P. Nichols Frederick E. Driggs & Co

Hughes Signs Grattan Allen Bills Amending Insurance Law

Governor Hughes has signed three Grattan Allen measures aimed at revising New York insurance law. The reforms create new classifications for cooperative and stock fire insurers, bring co operative fire firms under Insurance Department oversight, and permit fire and marine insurers to operate across sectors while updating policies and removing the Grady reinsurance rule. These changes widen coverage for fire and marine risks, especially in the metropolitan area, and affect about 150 cooperative associations.

Albany Hughes Grattan-Allen Insurance Department New York New York Standard

Takes Over Insurance Co

The State Insurance Department, on the request of Attorney General O Malley Justice Crane, has obtained an order from the New York Supreme Court to take possession of Hudson Horse Insurance Company of New York. The firm, organized in 1909, wrote insurance on horses and livestock. This marks the third such company targeted by the department in the past year. Edward P. Ward of New York was named special deputy to manage the liquidation.

Albany State Insurance Department O' Malley Crane New York Supreme Court Hudson Horse Insurance Company of New York Edward P. Ward

France Takes City Bonds In Paris Block Securitized

Kuhn, Loeb & Co announced yesterday the placement in Paris of a 10 600 000 dollar block of New York City revenue bonds. A similar amount had been sold to French bankers a month earlier. The firm also said the public sale in France of 250 000 000 francs of Chicago Milwaukee and St Paul debentures, placed with French banks, has been fully successful.

New York City Paris Kuhn, Loeb & Co France Chicago, Milwaukee & St. Paul

Army and Navy Orders Reported by Tribune Bureau

Washington June 2 The Tribune Bureau lists military and naval orders. Army officers including Major David M King Major Charles C Johnson Captain George A Nugent Captain Matthew E Hanna Captain Benjamin H Watkins and others are assigned to camps of instruction examinations and new posts. Navy officers Lieutenant L P Davis and Lieutenant J M Smeallie are commissioned and various officers receive duty assignments. Movements of ships include the arrival of the New York at Naples aboard the Paul.

ARMY David M. King Ordnance Department Sparta Charles C. Johnson Governor's Island George A. Nugent Coast Artillery Gettysburg Matthew E. Hanna 3D Cavalry Governor’s Island Massachusetts Maine Benjamin H. Watkins 2D Infantry Purdue University Indiana George 8. Gibbs Charles D. F. Chandler Signal Corps Army Signal School Fort Leavenworth Dorsey Cullen Cavalry Fort Riley Joseph Co. Mauborgne 3D Infantry Army Service Schools Everett N. Bowman 4Th Infantry James A Higgins 25Th Infantry Fort D. A Stephen 0. Fuqua Louisiana Charles R. Stone, Jr Solomon B. West Ed&ward P. Orton John §. E. Young 9Th Cavalry North Carolina College of Agriculture and Mechanic Arts NAVY L. P. Davis J. M. Smeallie Ease W. Woodward Hartro Navy Yard Boston H. H. Frost Naval Academy Michigan H. H. Fox Pennsylvania M. S. Brown NJ Academy Hartford J. Maupin Navy Pay Office New York Tacoma N. B. Farwell Marine Corps M. J. Shaw F. J. Bradman A. S. M'Lemore South Atlantic Norfolk D. D. Porter A. FE. Harding Kansas R. E. Adams Marine Examining Board Marine Barracks Washington FE. C Williams F. M. Eslick John Marston Navy Department

Railroad earnings report for April 1910 across major lines

Central of New Jersey Illinois Central Boston & Maine St Louis Southwestern Yazoo & Mississippi Valley Norfolk & Western Northern Pacific Erie coverage details April 1910 gross earnings expenses taxes and net surplus for numerous railroads with year comparisons January to April summaries and total operable revenue figures.

Illinois Central ST. Louis Yazoo Mississippi Valley Chicago Illinois Tomes Delaware, Lackawanna & Western Louisiana Arkansas Nashville Chattanooga Norfolk & Western Northern Pacific Erie Ss. Ong Net Corp. Inc

Market Report from New York Wheat and Cotton Trading

New York market report June 2 1910 shows wheat active early with gains on Liverpool cov ering and cold Northwest weather, then a mid day drop and net loss. Corn and oats compact moves with mixed closes. Cotton futures fluctuated with a bearish crop report but later recovery, spot markets steady to slightly lower.

New York Liverpool American Northwest Canada America India Russia Western Commission House Kansas Canadian Northwest Manitoba Alberta Seaboard Liverpool Cables Mid-Upland Havre Hamburg Pfennig Santos

New York Free Cold Water Fountains Erected Citywide

The Society of the New York Free Cold Water Fountains installed a fountain at the Post Office and plans others at Franklin Square and Broad Street near the Stock Exchange. Mrs. Morris K. Jesup funded a fountain at East Broadway and Gouverneur Street. Attendants will care for each, funded entirely by voluntary contributions sent to treasurers at Bible House or Park Row.

the Society of the New York Franklin Square Franklin Broad Street Stock Exchange Morris K. Jesup East Broadway Gouverneur Street Society W. F. Austin Bible House Society of the New York Park Row

New York Livestock Market Report June 2 1916

Receipts show 20 carloads totaling 346 cattle direct to slaughterers with no trading activity as of today, prices steady. Calves receipts 474 with 294 on sale, veals steady with prices around 875 to 950 per 100 pounds, dressed city veals and dressed buttermilks quoted in fractional cents. Sales by S Judd & Co. reflect average values near 925 per 100 pounds with buttermilks around 5 to 6 cents.

Dsus Kansas Cerent Middle Western South America Continent Brazil City Lord London New York Sc East St Louis C East Southern Southern Soft Lima California Montreal Pennsylvania Hennery S. Judd & Co

Virginia Lambs and Sheep Trade Report in Market Notes

Receipts show Virginia lambs and yearlings priced around 5 to 10 dollars per head with multiple firms including Kerns Commission and Newton & Co reporting varied bids. Hogs move 7 cars for 1 217 head all slaugh tered with demand steady to firm and prices mix.

S Sanders Vicainisvesia Eien Dan Carcass Aon Oe & Co Land West Virginia Newton & Co Tobin Ohio Kerns Commission Company Virginia Lambs Indiana

Livestock Market Receipts Across Regions June 2

Cattle and hogs sold with mixed results across markets in Buffalo Cincinnati and Kansas City on June 2. Cattle receipts varied from steady to weak with prices in Buffalo from 600 to 750 for cattle and calves 450 to 550 for stockers. Hogs showed slow trade and declines in several markets with top butcher prices near 9.50. Sheep and lambs faced softer demand with lambs around 7.50 to 8.50 and ewes near 4.25 to 4.75. Cincinnati and Kansas City posted mixed cattle demand and slower hog trading, with top hogs near 9.50 and 9.30 respectively.

Ugut Jamie Buffalo Cincinnati Kansas City

Chicago Grain and Provisions Market Snapshot

June 2 report shows heavy stop loss selling in futures led by wheat, with a collapse in prices and a large drop from cash premiums. Canadian Northwest acreage estimates and Nebraska land area gains suggest rising supply, while millers face low margins and some Minneapolis mills may close. Prices listed for July and Sept contracts across wheat corn and lard with declines in some months.

Growebas Canadian Northwest Burlington Road Nebraska Kansas Minneapolis Os Sea

London and Antwerp Foreign Market Snapshot June 2

Liverpool and London report dull wheat and steady corn futures with old American mixed and new kiln dried varieties. Hops and beef show firm prices while lard and bacon listings edge higher. petroleum and linseed oil quoted with regional notes from Antwerp.

Liverpool Galveston London Pacific Coast India Antwerp

Also Mentioned on This Page

Bank Note Company Acts Bond Engraving Trust Compltaint Sean Patten New York Joint Committee Walsh Roads United Railways Grattan- Allen Over Insurance CO Army and Navy Tribune Bureau Naples Paul Central OF New Jersey Boston & Maine General Market Report Country Produce Markets Moorpark Northern Spy Baldwin Ben Davis Far Western Florida Icc North Carolina Delaware Maryland Jersey Porto Rico Express Penn Long Island Bermuda Eastern Shore South Carolina Texas Okra Erian Susquehanna West Shore Lackawanna New York Central Ontario Sis.s .K Central Lehigh Valles Ooeeses Homer Ramsdell New Haven Steneconss Boiis Barney, Bush Ohesa Atte Bois Seers Eeces Ae Chicago Grain and Provisions Trust and Surety Companies Clinton Gilbert Wall Street Law TI & T Alliance Ry Lincoln Surety Listtlé&T OS Astor Manhattan Oe Bankers Mercantile Metropolitan Broadway Mtge Bond Carn Brooklyn Mutual Cas Co of A Central Fulton Tiot Fidelity Tr Co of Am Guaranty Union Guardian Un_ States Hamilton Pe Casualty Home Trust USM &T Hud Realty Stg&i Hudser van Norden Om Bkg Cor Kings Co Westchester Webtem Knickerbock Windsor W. N. Coler & Co Cedae Street Ocewne Aieioas Sa New-York Tribune
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