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This newspaper page contains 21 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 11, 1907

Page

2

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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