Railroad Earnings Across Major Lines 1907 1908 and 1905
Earnings and mileage data for railroads Buffalo Rochester Pittsburg Canadian Northern Grand Trunk Detroit United System International Great Northern Texas & Pacific Toledo St Louis Western Chicago Milwaukee Et Paul and others are shown. The report lists miles operated period totals and net earnings across months and weeks with figures for 10 months ending May and March.
MENTIONED IN THIS ARTICLE
Buffalo, Rochester & Pittsburg
Azonuss
Fahionze
Detroit United
International & Great Northern
Fiensss
Texas & Pacific
Toledo
ST. Louis & Western
Chicago
Milwaukee
ET. Paul
Minneapolis
Sault Ste. Marie
Grogof
Alte
Gosta
Snowstorm and hail devastate orchards near Pottsville
A snowstorm with heavy hail and thunder struck Good Springs in Schuylkill County last night. The whitened ground hindered travel and damaged orchards already hard hit by previous weather. Local residents reported sweeping effects across the neighborhood.
MENTIONED IN THIS ARTICLE
Pottsville
Penn
Good Springs
Storms Lashes Baltimore County Crops In June The Image
A brief heavy storm swept Baltimore County this afternoon causing significant crop damage. Loch Raven area reported heavy hail and downed tender crops. hail and rain fell in torrents with some observers noting flurries of snow despite the warm June day.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore County
Loch Raven
Und
Maine
State Bank Department Sets New Bank Opening Date
The Bank Department issued a call for all state banks and trust companies to begin business on June, outlining the opening requirements and expected timelines for institutions to resume operations. The notice alerts banks to comply with the new schedule and reporting duties.
MENTIONED IN THIS ARTICLE
Gaeny
Keep
Te Bank Department
Trust Companies
Uai Bank
Sune & Men Es
Opposition filed to sale of Toledo Railways & Terminal Company
In Toledo on June 6 a petition in the United States Circuit Court by Ohio Savings Bank and Trust Co challenges the sale of the Toledo Railways and Terminal Company. It claims J Pierpont Morgan and allies conspired to allow a bondholders committee to buy the road at 2 million, freezing unsecured creditors, and alleges plans to form a purchasing company to bond the road at 6 million secured by Pere Marquette and other lines. The petition cites a 15,039.77 note due the complainant and about 100,000 in other claims, with Morgan control over most railroads entering Toledo and collusion with a protective committee to prevent bidding real competition.
MENTIONED IN THIS ARTICLE
Toledo
Toledo Railways & Terminal Company
United States
Ohio Savings Bank and Trust Company
J. Pierpont Morgan
Morgan
Parc Marquette
Lake Shore
Vanderbilt
Terminal Road
J. P. Morgan & Co
Pere Marquette
Commonwealth Trust Company
Pére Marquette
Railroads push open hearth rails for durability and cost
Ex Judge E H Gary of United States Steel says leading railways and manufacturers will study rail quality and aim for a unanimous decision on better rails. Officials note open hearth rails reduce phosphorus and improve durability, while Bethlehem Steel confirms a new rail mill for open hearth production is being installed.
MENTIONED IN THIS ARTICLE
E. H. Gary
United States Steel Corporation
Steel Corporation
United Sates Steel Corporation
Bessemer
Jes M. Schwab
Bethlehem Steel Corporation
Bethlehem
Merger Plan Excludes Morse Hudson Line Report Denied
A Wall Street report that Morse steamship merger would include Hudson Navigation was denied by C W Morse. Coastwise lines are to join Consolidated Steamship Company, stock and bonds exchange offered to Ward Line and Porto Rico holders, with July 1 coupons not paid on new bonds. Most of the NY Cuba Mail and Porto Rico stock has been exchanged. Other coastwise lines Clyde, Mallory, Eastern, and Mor tone included in prior exchanges.
MENTIONED IN THIS ARTICLE
Wall Street
Morse Steamship
Hudson Navigation Company
C. W. Morse
Consolidated Steamship Company
New York and Cuba Mail Steamship Company
Ward Line
New York and Porto Rico Company
New York and Portelco Company
Cotton Leak Trial Witness Tells of 19H Conversations
Washington June 6 Victor Olmsted chief statistician for the Department of Agriculture testified again in the Edwin Holmes Jr case on allegedly leaking crop report details. He described 19H discussions with Holmes about gold mines in Idaho and a Washington apartment plan. Fessenden testified on data gathering for the crop report and the final figure reflecting the chief statistician’s judgment.
MENTIONED IN THIS ARTICLE
Washington
Victor N. Olmsted
Department of Agriculture
Edwin
Stephen D. Fessenden
Department
Erie & Jersey Railroad project back on track
The Erie Railroad directors voted to proceed with the Erie and Jersey Railroad construction, aiming to start soon after arranging details. Previously halted around April 1 due to public utilities bill fears, the company secured 3 million dollars in three-year borrowing at 6 percent and placed 4 million in bonds as collateral.
MENTIONED IN THIS ARTICLE
Erie Railroad
Erie & Jersey Railroad
Tribune
Erie & Jersey Railroad Company
Rate Law Decision Defines Through Routes and Tariffs
The Interstate Commerce Commission rules through routes may exist without joint rates and that a combination through rate equals a binding single rate. It governs a 10 million pound Omaha sugar shipment and states tariffs cannot be retroactive. The ruling clarifies how through routes, bills of lading, and publication duties affect through transportation pricing.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Lane
United States
Omaha
Chicago, Burlington & Quincy Railroad Company
Commissioner Lane
Supreme Court
Trusts May Unite In Merger Report Denied
Wall Street reports suggested Lincoln and Bowling Green Trusts might merge with Carnegie Trust, but reps from Bowling Green and Lincoln denied any merger talks. Carnegie’s plans were said to be in the hands of honorary vice president Charles C Dickinson, with statements premature. The Carnegie board reorganized, electing officers and an executive committee including Leslie M Shaw James D Layng A H B Chandler Frederick H Eaton Charles C Dickinson Paul M Warburg and Frederick Lewisohn. Shaw, a former Treasury secretary, remains company president.
MENTIONED IN THIS ARTICLE
Wall Street
Lincoln
Bowling Green Trust
Lkely
Carnegie Company
Howling Green Trust Company
Carnegie
Bowling Green
Lincoln Trust
Carnegie Colony
Charles C. Dickinson
Carnegie Trust Company
William D. Averell
Francis Hamilton
Averell
Lesie M. Shaw
James D. Layng
A. H B. Chandler
Frederick H. Eaton
Chicago Traction Troubles Slow Reorganization Talks
Krauthoff and Wickersham returned from Chicago noting a satisfactory conference but slow progress on street railroad reorganization. Minority stockholders of West Division and North Chicago City Railway refuse to deposit shares without guarantees of full equivalent in Chicago Railways Company securities. Deposits already made for Chicago Union Traction and North and West Chicago stock await redeposit once minority delays end.
MENTIONED IN THIS ARTICLE
Louis C. Krauthoff
George W. Wickersham
Chicago Street Railroads
Chicago
West Division
North Chicago City Railway
Chicago Title and Trust Company
Chicago Railways Company
Chicago Union Traction Company
North and West Chicago Street Railroad
Chicago Tithe and Trust Company
North Chicago
Involuntary bankruptcy filings inked in Bronx and Manhattan
Bankruptcy notices list Bailey Piano Company of 135th Street and Canal Place in The Bronx facing involuntary petitions from creditors Ira Foster Oscar H Urtekner and Fred J Lennon with security and asset figures. Other cases include Max Green No 28 Howard Street and Charles F Mitchell business receiverships, plus voluntary petition by Louis Levenhof with major secured debts on properties in Christopher Street and 21st Street and assignments involving O T Mackey Co Madison Avenue timber mill.
MENTIONED IN THIS ARTICLE
Bailey Piano Company
135Th St
Canal Place
Bronx
Ira Foster
Oscar H. Urtekner
Fred J. Lennon
Harry Harrie
Lindau Hassell
Olcott, Gruber, Bonynge & McManus
Max Green
Howard Street
Marti Cohn & Co
Friedman & Johnston
Lin Fong & Co
Gilbert A. Montague
E. R. Hawley
Charles F. Mitchell
Star Fire Insurance Company
Joseph F. Perdue
Max Dreyfuss & Co
Broadstreet
Louis Levenhof
West 137Th St
J. O'Connor Sloan
Christopher St
Florence C. von Asten
Rindback
Austria
Julius Goldsmith
William B. Smith
O. T. Mackey & Co
Madison Ave
Brooklyn
Taxing Corporations in New Jersey for 1907
Secretary Maguire reports preliminary 1907 taxes for New Jersey corporations. 6181 companies taxed $2,565,548.04, up $135,945.12 from last year, with 622 more reporting. 6172 capital stock taxes total $3,156,894.51. Life insurers pay 1 percent on surplus and .35 percent on gross premiums. three companies owe $403,090.89. Prudential leads with $295,201.19, followed by Mutual Benefit at $104,043.66 and Colonial Life at $3,845.64. Express companies pay $1,613.23, one parlor car company $3,913.14, one electric light company $36.77. United States Steel tops capital stock taxed at $47,179.18 on $568,683,600 outstanding stock. Seven firms taxed on over $100,000,000 issued capital. 225 on over $3,000,000.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Irvine E. Maguire
State Board of Assessors
Prudential
Colonial Life
Electric Light Company
United States Steel Corporation
Lst
France May Raise Tariff on Oil Over Wine Relief Bill
Paris reports lawmakers back a petroleum duty rise to push alcohol use for lighting amid wine growers relief efforts. The bill seeks to lift the minimum tariff from $150 to $5 Sv, with American oil affected by a special decree.
MENTIONED IN THIS ARTICLE
France
Paris
Chamber of Deputies
Parisian Branch Office Listing at Adjoining Addresses
The Farmers' Loan and Trust Company lists its New York branch at 475 Fifth Avenue and principal office at 16 18 20 and 22 William Street. An additional Paris address appears as 78 Rue de Richelieu, indicating a European branch or agent location.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
MIX UP AT GAS HEARING AT CITY CONTROVERSY OVER ASTORIA PLANT VALUE
A heated Consolidated Gas Company hearing pits Arthur H. Masten against city and legal counsel over draft report leaks and the plant valuation. The city contests the master’s $12 million figure, arguing a comparable plant could be built for about $4 million, and cites faulty cost allocations and capacity needs for water and coal gas plants.
MENTIONED IN THIS ARTICLE
Consolidated Gas Company
Arthur H. Masten
United States Circuit Court
Masten
de Ford
Burr
Astoria
Tist
Manhattan
Ith
West 42d Street
New York
Furniture Dealers Indicted Across Four States
In Portland Oregon on June 6 indictments were returned against 180 furniture dealers in Oregon Washington Idaho and California for alleged Sherman anti trust law violations. The list includes nearly every manufacturer and jobber in the states and a large number of retail dealers.
MENTIONED IN THIS ARTICLE
Portland
Ore
United States District Court
Oregon
Washington
Idaho
California
Interborough Metropolitan Directors Meet On Dividend
Interborough Metropolitan directors meet today to decide on the preferred dividend after a recent stock decline and a year end unearned preferred payout of 000,00. Company interests expect no change while Interborough Repli Transit declares the regular quarterly 24 percent dividend.
MENTIONED IN THIS ARTICLE
Interborough-Metropolitan
Interborough
Wheat market closes steady after frost hits Kansas crop
Chicago June 6 reports frost damage to Kansas wheat but favorable weather steadies prices. July wheat down 0.5c, July corn down about 1c, September steady. Market opened firm on Liverpool demand, then fell on good crop weather before a late rally. Final quotes show slight gains in some contracts, with wheat and flour clearances around 583,400 bushels. Receipts: wheat 510,000. corn 2% cars. Provisions bearish on heavy hog arrivals.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Liverpool
Canada
Shorts
Paris
Chamber of Deputies
Minneapolis
Duluth
Tve
Tgc
Iron trade conditions on Lukens and Oriskany mines deals
The Iron Age notes Lukens Iron and Steel Company’s purchase of the Oriskany mines and three Virginia furnaces follows Wickwire’s Buffalo furnace build as a move toward independence amid a quiet pig iron market. Foreign iron remains in flow, with 40,000 tons of low phosphorus iron bought and weekly steel rail orders from several railroads.
MENTIONED IN THIS ARTICLE
Lukens Iron and Steel Comany
Oriskany Mines
Virginia
Buffalo
Wickwire Company
Lukens Company
Neral
Chicago & Northwestern
Arkansas, Louisiana & Gulf
Wisconsin Central
Pennsylvania
Atchison
Allegheny Mountains
Gold Exports Rise as Lazard Fréres Engaged $1000 Gold
Lazard Fréres contracted for $1,000.00 in gold from the Sub-Treasury yesterday for export to Paris today. The total exports since the current movement began reach $8,800,000. Some bankers predict outward gold flow could reach $15,000,000 barring unexpected developments.
MENTIONED IN THIS ARTICLE
Lazard Fréres
Paris
Why Forgan Resigned From Alton Board
Chicago June 6 James B Forgan president of the First National Bank of Chicago denied resigning from the Chicago and Alton Railroad directors due to a clash over a preferred dividend He said he resigned because he had no time for board meetings He denied personal interest or knowledge of any board clash He is noted as a confidant of President Felton and reportedly agreed to join the railroad board at his solicitation
MENTIONED IN THIS ARTICLE
Tribune
Chicago
James B. Forgan
First National Bank of Chicago
Chicago & Alton Railroad
New York
Mr. Forgan
The
Alton
Forgan
Felton
Fetal
Wanamaker Group Forms New Department Store Corp
John Wanamaker of New York filed a certificate of incorporation in Albany on June 5 for a department store with a $7,500,000 capitalization. Directors listed are John Wanamaker Thomas B. Wanamaker L Rodman Wanamaker William L Nevin of Philadelphia Robert C Ogden of New York.
MENTIONED IN THIS ARTICLE
Albany
John Wanamaker
New York
Thomas B. Wanamaker
L. Rodman Wanamaker
William L. Nevin
Philadelphia
Robert C. Ogden
Live Market Report Across Cities June 5
East Buffalo reports cattle prime steers at 6, with veals 56 to 83 dollars, hogs around 65 to 75, lambs 5 to 7. Local and Pittsburg stock yards show steady to higher pricing on hogs and lambs, Chicago markets note steady cattle with slight gains, and Kansas City posts higher cattle and mixed herd values amid strong receipts.
MENTIONED IN THIS ARTICLE
Telegraph
East Buffalo
Wethers
Union Stock Yards
Pittsburg
Chicago
Kansas City
Capital and officers listed for a prominent organization
The document shows capital of 1,000,000 dollars and surplus of 3,000,000 dollars, followed by a long list of officers and members including Edwin Gould William H. Tayl Chas. P. Arms John A. Hilton William M. Laws and others, with multiple vice presidents and a secretary.
MENTIONED IN THIS ARTICLE
Edwin Gould
William H. Tayl
Chas. P. Armstrox
John A. Hilton
William M. Laws
Also Mentioned on This Page
Wiam B. Nichols & Co
Wall
M & Ref
Nevada
Cor
Chic Subway
Nipissing xX Y Tran
Pobalt Co
Herrick Otis Elevat Ce
Royal Rak
Union Cop Eiectrico
United Copper Ao
Azacu
Ald & Sutq
Vermont
Conn
Alleen & West
Tel & Cable
Roe Jolet & Chic
Sar Lla
LSN RR & C
Ave & & Mo Rivef
Avon G & Mt
Cree
Lowell & and
Berks
Mahon Coal
Blewee
Eost
Myitawee Qm
Chris & Mth
Old Colony
Wees Clieve & Pitts
C & Xenia
Oswego & Syra
Pac & At Tel
Union
Eis
Cera & Mn
Pat & Hud
Peoria & B
Pitts B
Phil
Clinton Gilbert
Ord
America
Metropolis
Discount Battery Park
Mechanics’ Bowery
Medha Trad
Butch & Drew
Mercantile Oseee Coal & I Nat
Metropolitan
Consolidated
Mount Morris
Chatham
Mutual Wetterere Chemical Aa
Nessau
Chelsea Exch
NY County
Commerce
Columbia
Corn Exchange
North America
East River
Fidelity
Pacific
Fifth
Jonal
Fourteenth St
Plaza
Garfield Semene
Riverside
Germen-Amiav
Seaboard
Germania x
State of Greenwich
St Hexnilton
Twelfth Ward
Hanover
Imp & Trad
Union Exch
Irving Nat
Jefferson
West Side
Liberty
Yorkville
William E Nichols & Co
Wall St
Am St & Tr
Ges
Tt Coi Gas Co
Pti
Ny&q L&p
Nor
Ing Gas
Syracuse
Mutual
St Joe G Fia
Ny&e Riv
St Paul Gas
Westch
Exlyn
Booth
Chic St
South Ride
Subway
KC Oy & Ti
van Schatck & Co
Fidelity & Dep
M and Trust
Nor Centry
Maryland
Toledo Bank
Erie & Jersey
Commission
London
Bishopsgate St
Rue de
the Crust Company of America
Colonial Branch
Broadway
Watt St
Mr. Masten
Bowling Green Trust Co
OR - Ist
IG - 2d
3D V.pres. & Treas
Iptape
Charles P. Arms
Frank Brainard
Harry Bronner
Franklin Q. Brown
Robert C. Clowry
Edmund C. Converse
Wm. Nelson Cromwel
Grenville M. Dodge
A. Goepel
Frank J. Gould
George J. Gould
Myron T. Herrick
Edward T. Jeffery
Winslow S. Pierce
Morton F. Plant
Dick S. Ramsay
Frederick B. Schenck
Marew Oquire
William H. Taylor
Edward R. Thomas
John P. Truesdell
E. F. €. Young
West Point
Newsurgh
Poughkeepsie
Palace
Hendrick Hudson
Bklyn
Fulton St
Desbrosees St
Thousand Islands
Red Bank
Franklin St
N.E
Highlands
Long Asbury Park
City Hotels
van Rensselaer Hotel
East Lith St
Boston
Commonwealth Avenue
Back Bay
Greenleaf & Bakhnes
New Profile House
White Mts
Higher
Germany
Europe
England
E. K
Tribune Office
Berlitz School OF
Madison Square
Barlem
Lenox Ave
Court St
Newark
Scheuer Ealing Bummer School
Asbury Park
Hate
Touraina
RYE Seminary
Mra
S&s. J. Life
the Misses
School Agency
American and Foreign Teachers Agency
J. Young
Tlton Valon Square
Hotel Martinique
E’ Way
NEW York Times
Telephone
Bryant
Jersey
Berkshire
Ednesday
CAT! Quest
T. Fitzgerald
York
Orson Desaix Mann
County of York
Winthrop & Stimson
Liberty Street
Borough of Manhattan
Arles Mung
Laverty Street
Caroline Folsom
the of
Walter I
Wiliam Street
City of
Homas G. Conway
Walter IL Moor
Texas
Cincinnati
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