Boston Opposes Berton & Maine Merger at Hearing
Public hearing at the State House in Boston focused on stopping the proposed merger of the Boston and Maine with the New Haven and Hartford railroad. Gov. Guild urged action, and opponents argued the consolidation would give the New Haven control over Boston & Maine, with calls to block or divest holdings and potential state takeover as a remedy.
MENTIONED IN THIS ARTICLE
Boston
Berton & Maine Railroad
New York
New Haven & Hartford
State House
Guild
Mellen
D. Brandis
Lance Life Guards
Medford
Orton & Maine
Maine
Brandeis
New Lasen
Tramford
Pntrol
Atmm
Boston & Maine
New Haven
New Haven Road
Supreme Court
D.J
Secsons
Ss H. Vahey
New England Coompany
Consolidated Company
Boston & Ideml
Boston Chamber of Commerce
Pre Mellen
New England
Consolidated Companies
Crocker
Hederstand
Trand
A. P. Edgerly
Mes Edgerius
Charlies S&s. Melien
Simeod & Marie
Nin
Holyoke
the & Westfeld Railroad
Gerry Brown
Hrockton Central
Union
Seo
New Haven Plans Gain as Boston & Maine Stock Reassigned
Rolders of Boston and Maine stock trade for New Haven shares, giving the New Haven majority control. A formal offer to minority stockholders may come after July 1. New Haven gains extensive trackage rights from New York Central routes, creating new connections and boosting traffic to the West and New England ports.
MENTIONED IN THIS ARTICLE
Boston & Maine
New York
New Haven
Startford
New Heaven
Maine Road
Boston &Meine Seck
Abso
Boston & Meine
Boston & Albany
New York Central
New York Cental
State Lne
New York & Massachusetts
Albany
Boston Corners
N. Y
Chatham
Pittsfield
North Adams
Mass
Springsid
State Line
Boston
New York, Ontario & Western
Maine
New England
Ssenagers
Central of England
Albany Gateway
Con Mertient Valley
Rhode Island
Engtela
Pittsa
Ashland
Springfield
Alae
Ter
Will Sell New Four Per Cent Bonds On June 28
Metz plans offering about 29 million dollars in city bonds on June 28 to fund bridges streets sewers parks schools and water supply. The bonds carry four percent interest and are expected to sell at par with the sinking fund commission supervising the sale to ensure timely repayment. Proceeds will bridge a temporary gap until taxes rise in October and help reduce the city’s debt prior to July 1 when a tax increase takes effect.
MENTIONED IN THIS ARTICLE
Metz
Sinking Fund Commission
Get
Water Department
TeRrence
Aressauring
Heinze and Canadian Pacific clash over land partition in British Columbia
In New York a hearing before the British consul general dealt with partition rights for 675,000 acres of Columbia & Western land. Mr. Heinze argues the right to partition rests with him, not the railway, and tax consequences hinge on acceptance after 1911. The case, tied to Canadian Pacific’s acquisition of the line, continues next week with signatures to finalize the transcript.
MENTIONED IN THIS ARTICLE
Rik Heson
Perceval
Raat
Columbia
Ho Emat Es Estern
Heinze
Aes 3
Canadian Pacific
Columbia & Western
General Eastern
Hess & Hess
Pine Street
Charles A. Hess
Jerome
Hess
Clarence Cary
Sanford Robinson
Wall Street
State Street
British Columbia
Columbia & Western Railway
Crow's Nest
Vancouver
Point St
Thomas G. Shaughnessy
Richard B. Angus
Land Department of the Road
Steel Car Contracts Signal Boom for Pittsburg Firms
June 10 Pittsburg United States Steel Corp placed contracts for 6000 steel cars totaling 1.5 million dollars. About 90000 tons of steel plate will be needed with majority produced by Pittsburg mills and car assembly by American Car and Foundry outside the city. The deal, largest since steel car building began here, foresees a rush as railroads expand traffic and replace equipment, with potential mill congestion as a risk.
MENTIONED IN THIS ARTICLE
Pittsburg
United States Steel Corporation
Union Railroad
Carnegie Steel Company
The
Steel Corporation
Pressed Steel Car Company
Standard Steel Car Company
Hessemer & Lake Ie
Chicago, Lake Shore & Eastern H Railroad
Steel Car
American Company
American Car and Foundry Company
Pittsby
Secretary Wilson Testifies in DC Court Case
Secretary Wilson of the Department of Agriculture testified as the principal witness in a Supreme Court of the District of Columbia trial. ES Holmes, a former associate statistician, stands charged with prematurely divulging cotton crop reports. Molmnes’s attorney pressed for prejudice claims and pre publication disclosure, but failed to prove advance release or suppression of fraud records.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Department of Agriculture
Supreme Court of the District of Columbia
ES Holmes
Molmnes
Bonding Company Fails Leaves Few Financial Losses Expected
The Keystone Bonding Company failed after four hours of audit review. The company reports no anticipated financial loss to clients. Brooklyn figures tied to the firm include Michael J. Cady and Charles T. Young, both directors with stock holdings. Brooklyn agents Bellman, McCusker & Heister severed ties weeks earlier.
MENTIONED IN THIS ARTICLE
Tribune
Philadelphia
Keystone Bonding Company
Joseph M. Smith
Thte
Fve
Montague Street
Michael J. Cady
anti-Woodruff
Charles T. Young
National City Bank
Cady
Brooklyn
Bellman, McCusker & Heister
Senator Wallace Wemple Considered for New Life Insurance Presidency
The Union reports State Senator Wallace Wemple has received an offer to become president of a new life insurance company formed by leading New York capitalists not tied to existing firms. If he accepts, he would start with a $15,000 salary and could complete his Senate term ending December 21, 1908.
MENTIONED IN THIS ARTICLE
Schenectady
N. Y
Union
Wallace Wemple
New York
Emple
Armstrong Investigation Committee
Senate
Railroads Face Federal Grand Jury Probe
The Santa Fe and Lake Shore and Michigan Southern railroads will be examined by a federal grand jury under Judge Landis, following a Washington conference between District Attorney Sims and Attorney General Bonaparte. Civil action, not criminal, expected against the Harvester Trust and franked-mail offenders.
MENTIONED IN THIS ARTICLE
The
Tribune
Chicago
Santa Fe
Lake Shore & Michigan Southern
Landis
Washington
Edwin W. Sims
Bonaparte
Harvester Trust
Trust Companies Reports Show Bond and Mortgage Totals
The bank report lists stock and bond investments at 6 700 704 41, loans on collateral, amounts due from directors, overdrafts, and funds from trust companies and banks. It includes cash items, accrued interest, and detailed liabilities and surpluses, with deposits, reserves, and official verification by officers Taylor and Hilton in New York.
MENTIONED IN THIS ARTICLE
William H. Taylor
John A. Hilton
Bowstren Trust Company
Broadway
City of
New York
East County
Severnnly
J. Wilkinson
Kings County
Brooklyn
Jamateather
Financial addresses listed for Farmers' Loan and Trust Co
The notice lists branch offices at 16 18 20 and 22 William Street and 475 Fifth Avenue New York plus a Paris address at 78 Rue de Richelieu. The fragment identifiers indicate two locations associated with the financial institution in New York and Paris.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Wheat Crop Size Shrinks in Initial Government Report
The crop reporting board notes spring wheat acreage at about 16,464,000 acres, down from last year’s 17,989,000, with an average June 1 condition near 88.7. Winter wheat conditions, oats, rye, and barley are also given, and the government report triggers a wheat market dip followed by partial recovery as traders react to the bearish data and Heinzer’s yield estimates.
MENTIONED IN THIS ARTICLE
Washington
Crop Reporting Board
Bureau of Statistics
Department of Agriculture
Bureau
Minnesota
North Dakota
South Dakota
United States
Ua S
Kaneae
Indiana
Migsuurt
Nebraska Ieee
Penneylvania
Califor
Texas
Michigan
Wall Street
Henry Detnzer
Produce Exchange
Heinzer
Offer to John C Sheehan Denied By Gas Board Trustee
A Consolidated Gas Company trustee said claims that Manhattan Transit stock bids of 25 a share were made for John C. Sheehan are false. He denied any bid and noted no action. He also dismissed Long Acre Electric Light and Power's claim to operate locally, as his company pushes a new 10 million dollar plant prep and will have power for years.
MENTIONED IN THIS ARTICLE
The
Consolidated Gas Company
John C. Sheehan
Manhattan Transit
Long Acre Electric Light and Power Company
New York
Washington
theaeeSne
Amy D. Egleston
Amas Buchanan Harold Patterson Milan Ey Ean Egleston
George Washington E
County of
County Court House
County of News
Central Trest Company of
County of Seal
York
C. Thomas
County of New York
Grocers Smith Thorndike Brown Company Faces Bankruptcy
Milwaukee June 10 A bankruptcy petition was filed against Smith Thorndike Brown Company wholesale grocers. Wisconsin Trust Company named receiver. Liabilities about 190000 dollars assets around 81000 dollars.
MENTIONED IN THIS ARTICLE
Milwaukee
Smith, Thorndike & Brown Company
Wisconsin Trust Company
Repeal Transfer Tax Urged by Consolidated Exchange Leader
Ogden D Budd president of the Consolidated Stock and Petroleum Exchange publishes the exchange annual report for its 31st year calling for repeal of the transfer tax law. The report notes 31 301 440 stock clearances last year and 57 new members, with 98 memberships purchased and cancelled reducing gratuity obligations by 41025. It shows gratuity fund surplus of 10908 and a general balance of 9712. Budd condemns the law as unjust and burdensome, urging swift legislative repeal while noting the new building on Broad and Beaver streets ready for occupancy and land value up 20 percent. He cites market volatility during the year and an unusual absence of involvements despite erratic conditions.
MENTIONED IN THIS ARTICLE
Ogden D. Budd
Consolidated Stock and Petroleum Exchange
Add Sage
Budd
Exchange
Broad and
Beaver Streets
Chicago Grain and Provisions Market Summary June 10
Government crop report weakens wheat and corn as prices retreat across futures. Wheat and flour clearances, receipts, and stocks shift with June 1 conditions noted. Oats and corn decline late amid bearish tone, while July demand supports near term activity. Local gains give way to selling pressure after midday, reflecting favorable weather and crop prospects.
MENTIONED IN THIS ARTICLE
Chicago
United States
Liverpool
Sic
St&c
Siac
Minneapolis
Duluth
Ditec
Shorts
Capital and Profit Figures Amid Financial Ledger Terms
A condensed ledger item outlines capital surplus undivided profits and amounts due with deposits, certified and treasurer checks, dividends and unpaid balances. It also references reserved taxes accrued interest and expenses, indicating a snapshot of financial positions and obligations.
Unclear financial ledger fragment highlights liabilities and deposits
A garbled OCR fragment shows figures and terms like liabilities, deposits, dividends, and surplus. It mentions unpaid dividends and a list of monetary amounts, but the data are incomplete and not clearly attributable to a specific entity or date.
Financial Markets Report From We to Wye Note Declines
Market closed weak with low trading for provisions as local packers cautioned sentiment and live hog prices slipped. September pork bellies fell 14 cents to around 15.374 dollars, lard down, ribs down, and fat futures receipts for tomorrow show mixed demand. Local receipts listed 237 cars, with fractional, garbled figures for July and other prices.
MENTIONED IN THIS ARTICLE
Wye
Uiet
Heavy steel shipments push May output to new highs
US Steel Corp and Republic Iron and Steel report May shipments near a thousand thousand tons with output records likely. Lackawanna also posts record shipments as production costs rise from higher wages and freight, offset by stronger steel prices. Agriculture implement makers see a large bust.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Republic Iron and Steel Company
Lackawanna Steel Company
Little Gold for Export Rumors Fade in Market
Rumors of further gold exports by today's steamers proved baseless. Bankers who had engaged gold for Paris last week faced expectations of higher local interest rates and currency movements that favored keeping balances in the city. A Saturday bank statement showing a $9,000,000 cash drop and sterling near 4.87 plus Paris check on London at 3 francs contribute to a cautious gold outlook.
MENTIONED IN THIS ARTICLE
Paris
London
Also Mentioned on This Page
B& M. Transfer Rapid
C. P
F. A. Heinze
Railroad
U. S. Steel Corporation
MR. Wilson
Wemple Insurance Company
Lake Shore
the Bowery Savings Bank
William H. S. Wood
Henry A. Schenck
William E. Knox
Andrew J. McCormack
Adrian H. Muller & Son
Vesey Street
Society Library Order OF Trustees
Ihnango and
Susq
Valley Ry
Tauck
Western Ry
Hy. Pd
Bound Brook
Huison
Essex Ky
Paul R. R
Minn
Omaha
Pta
Stern
Common
Cable Co
Nd Lighting Co
Grand Island
Ahting Co
and Trust Co
Central RK Retailiatic and Construction Co
Gie Trust
Biringham Away
Acripwick and Hirmingham, R. R. Co
Participani
She
People’s Surety Co
Bowling Green Trust O
Nee
Ieee Ae
Ees
Preete
Aeea
Bishopsgate St
Rue de
the Crust Company of America
Colonial Branch
Wall ST
Oakleigh Thorn
John E. Borne
William H. Leupp
Heman Dowd
H. B. Fonda
Edmund L. Judson
Robert L. Smith
Joseph N. Babcock
John G. Boston
Fairman Executive Committee
W. Tappin
Ilip S. Babcock
Frank L. Hilton
Secestary
Carleton Bunce
W. J. Eck
Frank W. Black
W. K. Vanderbilt, Jr
P. A. B. Widener
Consolidated Exchange
Chicago Grain and Provisions
Capital
Manhattan
Remsen St
Jackson Ave
Montague St
Fulton St
Jamaica
Long Island City
Finance Comepward T Bedford
Clarence H. Kelsey
Edgar L. Marston
William H. Nichols
James H. Oliphant
Charles A. Peabody
Jacob H H. Schiff
James Speyer
Edward O. Stanley
Frank Bailey
Clinton DL Bubrdick
J Wray Cleveland
Arthur Terry
John W. Shepard
Sniffen
Brookilyn Banking Dept
Son Bstmon
Sec
Horace Anderson
David Blank
Fourteenth Street Bank NE
State Erie
Sien
Liabil
Noss Appleton
Josef. Carrol
Richael J Brewster
Y M Sayford
Louis V. Ennis
Broderick, JR
Asst
American Car & Poundey Company
American Cae & Foundry Company
Washington Street
Jersey
A Bixby
Assay
the Tribune
Regisice
Sth
Skith Ave
12Th St
Did Ave
125Th St
Ba Tremont Ave
3D Ave
Norfolk & Western Railway CO
Palalie
Arcade Building
Ee. H. Alden
Union Bag & Paper Company
Battery Place
Union Bag & Company
I. A
W. L Sparks
Guggenheim Exploration Company
Tl Broadway
Guagenhe Exploration Company
LMT
Chas. K. Lipman
RH. Ismon
State OF
Hertha
Beck
Aure
Dora « Harfeld
Fredericka V. Schaefer
Edwart R. Beck
Aurelia Heck
Frederick Heck
Hertha Heck
el Untermyer
Christian F. Tietien
Frederick Beck
Frank T
Daniel J. Dow
Surrogate’s CO