United States Sues Anthracite Coal Railroads Over Monopoly
The U.S. government filed a monopoly suit against major anthracite coal railroads in Philadelphia Circuit Court. Defendants include Reading, Lehigh Valley, Delaware Lackawanna Western, Central Railroad of New Jersey, Erie, New York Susquehanna Western, Philadelphia Reading Coal and Iron, Lehigh Coal, Lehigh Wilkes-Barre Coal, Hillside Coal and Iron, New York Susquehanna Western Coal, and Temple Tron Company. Subpoenas issued to nonresident corporations, with appearance due by August and answer by September. Investigation began about a year ago led by J Whitaker Thompson and Alexander Simpson Jr, later G Carroll Todd.
MENTIONED IN THIS ARTICLE
Philadelphia
United States
Heading Company
Philadelphia & Reading Railway Company
Lehigh Valley Railroad Company
Delaware, Lackawanna & Western Railroad Company
The
Central Railroad of New Jersey
Erie Railroad Company
New York, Susquehanna & Western Railroad Company
Philadelphia & Reading Coal and Iron Company
Lehigh Coal Company
Lehigh & Wilkes-Barre Coal Comny
Hillside Coal and Iron Company
New York, Susquehanna & Western Coal Comy
Temple Tron Company
J. Whitaker Thomperon
Alexander Simpson, Jr
G. Carroll Todd
New York
Simpson
Thompson
James B. Holland
District of Pennsylvania
Delaware, Lackawanna & Western Railroad
Scranton
Central of New Jersey
Jersey City
Erie
New York, Susquehanna & Western Railroad
Pennsylvania Coal Company
Dunmore
Penn
New York, Susquehanna & Western Coal Company
Wilkes-Barre
Baer
Reading Companies
Henry B. Robb
Circuit Court
Robb
Department of Justice
Attorney General
Mr. Simpson
Charles E. Hughes
Hughes
Todd
Milliken Plant Receivers Inspect Staten Island Facility
Milliken Brothers Inc receivers spent yesterday at the new $5000 plant in Mariner's Harbor Staten Island. They will discuss findings this morning. Presidents Foster Milliken and H Manning joined. Workers likely stay. contracts will be honored and new ones pursued if profitable. Reorganization aims to strengthen the business after rapid expansion and high profits previously reported. Whale Creek Iron Works Brooklyn filed liens for 160 on multiple Milliken buildings.
MENTIONED IN THIS ARTICLE
Milliken Brothers (Inc
Mariner's
Staten Island
Foster Milliken
Edward F. Milliken
Whale Creek Iron Works
Brooklyn
Milliken Brothers
Broadway
Riverside Drive
West 85Th Street
James J Hill Grows Bashful in Public Fifteen minutes train stop
Chicago dispatch notes James J Hill seeking to avoid publicity after arriving from St Paul. He refused to discuss national affairs, criticized newspapers for bias, and said he wants to stay out of the limelight. He departed for New York after a private car switch and a halted Erie train.
President Hill Traces Secretive NYC Visit
James J. Hill of the Great Northern Railway arrived by special car yesterday afternoon and lingered unseen in New York. He avoided hotels, was not found at major houses, and rumors placed him at the Ansonia on Broadway and 73d street. Dispatches note his desire to stay out of the limelight.
MENTIONED IN THIS ARTICLE
Hill
Burlington General
Franklin and
Adams Streets
York Street
Miller
Willard
Erie
James J. Hill
Great Northern Railway
Afrnoon
Erie Railroad
Ansonia
Broadway
73D Street
President Hill
Chicago
Association
West 34Th Street
Borough of
Manhattan
City of
New York
Thirty-Fourth Street National Bank
State of New York
NEW Netherland Bank OF New York
State of New
Curtis J. Beard
Million-dollar timber land bid hits Pacific coast tract
Negotiations for a top BC timber sale on Graham Island near Naden Harbor bring a New York syndicate to the table. The offer totals $1,000,000 cash with a $15,000 three month option for final surveying. Principal owner listed as Winnipeg financier Edgerton. trees include spruce fir and hemlock with some pine. The property spans seventy eight square miles and sits within two miles of water.
MENTIONED IN THIS ARTICLE
St. John
N. B
British Columbia
Graham Island
Queen Charlotte Group
Pacific Coast
Naden Harbor
Edgerton
Winnipeg
New York
Messrs Woodruff and Hanford
Sterling
Chicago
U. P. Bond Issue Certain
Union Pacific Railroad Company shows proxies representing about three quarters of its capital stock in favor of authorizing 100,0100 new common shares at a June meeting. Convertible bonds for 75,000,000 would follow if approved. Rumors of injunctions on the bond issue or dividends arise, but sources doubt any success.
MENTIONED IN THIS ARTICLE
Union Pacific Railroad Company
Union Pacific
Decline in pig iron prices signals rate shift
Pittsburg June 12 Telegraph reports a drop in pig iron prices with spot Bessemer iron at 2350 and 24 a ton, down from last week 2450 and 25. June iron at 2375, price lower than in months, with no buyers and a bid around 2359.
MENTIONED IN THIS ARTICLE
The
Tribune
Pittsburg
Wheat exports surge as price drop spurs shipment to Europe
The decline in wheat prices yesterday led exporters to engage forty carloads for shipment to Europe. This first major operation of this character signals a market now operating on an export basis. Wheat sections in the country and European cables offered favorable advices.
MENTIONED IN THIS ARTICLE
Europe
Stockholders to Act on Consolidation Agreement
Stockholders of the Pennsylvania New York & Long Island Railroad Company will meet on June 4 at No 8 Cedar Street to adopt or reject a proposed consolidation with the Pennsylvania New York Long Island Railroad Company and the Pennsylvania New Jersey & New York Railroad Company.
MENTIONED IN THIS ARTICLE
Pennsylvania, New York & Long Island Railroad Company
Cedar Street
Pennsylvania, New York , Long Island Railroad Company
Pennsylvania, New Jersey & New York Railroad Company
Treasury calls for $50 million return from national banks
The Secretary of the Treasury orders the return by July 10 of about $30 million in government funds on deposit in banks as special deposits. The move accompanies the redemption of the 4 percent funded loan maturing July 2 and aims to avoid financial disturbance.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
the Treasury
Treasury
Cotton Leak trial unfolds with Wilson on stand
Washington June 12 Secretary Wilson testified again in the Holmes case. He disputed a signed statement about suppressing information and defended releasing the Secret Service report to the public. He warned against department employees leaking data and claimed he would not rely on unofficial information for crop forecasts. Witnesses identified Holmes in a New York inquiry and noted Holmes’s Washington property interests as the trial nears Monday with more witnesses expected.
MENTIONED IN THIS ARTICLE
Washington
Wilson
E. S. Holmes, Jr
Holmes
Department of Agriculture
Secret Service
van Riper
Mr. Worthington
Worthington
Bureau of Statistics
Robert M. Rogers
New York
Edwin S. Holmes, Jr
Mr. Baker
Rport
Nathaniel Murray
Moses Haas
Chicago Grain and Provisions Market Declines Sharply
On June 12 Chicago wheat led a broad market drop as selling by prominent shorts fueled a bear raid. September wheat fell to 2% to 7e, corn and oats slipped, and provisions dropped with hogs and lard posting losses. Receipts totaled 437,000 bushels of wheat and flour, with local packers contributing to weakness.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Shorts
Minneapolis
Duluth
Attge
Db&e
Gould Construction Postponed Connection Plan Delayed
Gould construction to build about 150 miles of road linking the Western Maryland line with the Wabash to provide an eastern Gould outlet has been indefinitely postponed due to unfavorable financing conditions. Main line work on the Western Pacific proceeds, suggesting the Gould line may be built first.
MENTIONED IN THIS ARTICLE
Maryland
Wabash
Western Pacific
Pennsylvania Companies Declare Semiannual Dividends
The directors of the Pennsylvania Company, which operates the Pennsylvania Railroad lines west of Pittsburgh, declared a regular semi annual dividend of 3 percent. The Pittsburg Cincinnati Chicago and St. Louis Railway Panhandle Line also met and declared semi annual dividends of 2 percent on preferred stock and 2 percent on common.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Company
Pennsylvania Railroad
Pittsburg
Pittsburg, Cincinnati, Chicago & St. Louis
Panhandle
Pennsylvania System
C P R Scores On Hill In Northwest Rail War
The Canadian Pacific Railway plans a new St Paul to Spokane to Portland route leveraging Minneapolis St Paul and Sault Ste Marie control to reach the border and Spokane. The move challenges Hill interests by diverting passenger and freight traffic, with Spokane International stock held in escrow for CP and a 10 year option. The development underscores intensifying Northwest rail competition and earnings growth exceeding 11.3 million over 1908 figures.
MENTIONED IN THIS ARTICLE
Canadian Pacific Railway
Northwest
Canadian Pacific
St. Paul
Spokane
Portland
Seattle
Great Northern
Northern Pacific
Hill Roads
Hill
Harrisman
Oregon Navigation Company
Canada
Canadian Pacific Territory
Many Oppose Consolidation in Boston Rail Merger Hearing
Boston hearing on Governor Guilds plan to merge Boston and Maine with New Haven closes. Merchants from Worcester and Boston oppose citing worse transport post merger. Fitchburg merger criticized. some call for fall special session. Boston Fruit and Produce Exchange urges careful review. opposition widens with critics from Democratic state committee. Executive session to invite Attorney General and Railroad Commission chair for private briefing.
MENTIONED IN THIS ARTICLE
Boston
Governor Guild
Boston & Maine
New Haven
Legislative Committee On Railroads
Russell Marble
Worcester
Fitchburo
George W. Moore
Boston Fruit and Produce Exchange
William B. Lawrence
Mellen
Tuttle
Daniel J. Kiley
Democratic State Committee
E. G. Preston
Ocean Lines
Charles FE. Dean
Wakefield
Brandeis
Boston & Albany
New York Central
Railroad Commission
International Pump changes mark stock strengthening
The board of the International Steam Pump Company elected William H. Weed in, Leon P. Feastman and Nathan Fleischer to the directorate, boosting Guggenheim and American Car and Foundry interests. John W. Dunn became president, Nathan Fleischer treasurer, and Leon P. Feastman first vice president. The company, among the oldest pump manufacturers, controls much of the U S steam pump market and holds 2000 shares of business abroad.
MENTIONED IN THIS ARTICLE
International Steam Pump Company
William H. Weedin
Leon P. Feastman
Nathan Fleischer
Guggenheim
American Car and Foundry
American Car and Foundry Company
Nathan Fleincher
United States
Trust Company Merger Claims Effective By May
The proposed merger of the Mercantile and Equitable Trust companies is expected to take effect by May, according to officials familiar with the plan. The consolidation aims to streamline operations and strengthen stability across the regional banking network.
MENTIONED IN THIS ARTICLE
Mercantile and Equitable Trust Companies
Iron Trade Faces Higher Output and Quiet Markets
Cleveland reports a new blast furnace record with May production at 2,291.36 tons daily, up from April and signaling heavy output. Demand remains tepid though wagering on steel making iron shortfalls in the central West. gains in the Cleveland echo market contrast with weak activity in other regions as coke-region production stays high.
MENTIONED IN THIS ARTICLE
Cleveland
Cincinnati
Livestock Market Report 1907 New York June Prices Fall
New York June 12 1907 Reeves receipts 173 cars 3273 head including 14 for slaughter and 38 for market slow trade across cattle with price drops on steers bulls and cows. Ordinary to choice steers 450 635 per 10 head extra prime heavy Pennsylvania steers 650 bulls 375 520 cows 200 450 dressed beef 9 10 1 due to moderate demand Liverpool on London unchanged shipments 912 cattle 3800 quarters beef to Liver pool 2860 quarters beef to Majestic. Milch cows 106 head trade slow prices steady common to choice cows with calves 25 55 per head extra cows 300 calves 4726 head 629 suburban dealers 49 for market.
MENTIONED IN THIS ARTICLE
New York
Jersey City
Pennsylvania
Liverpool
London
East Buffalo
Orly
Cincinnati
Kansas City
Western Fed
Union Stock Yards
Pittsburg
Bowling Green Trust Co Capital and Surplus Details
Bowling Green Trust Co located at 20 Broadway New York lists capital of 1 000 000 and surplus of 3 000 000 in its official statement. The repeated address and figures reflect the bank's financial position and capitalization.
MENTIONED IN THIS ARTICLE
Bowling Green Trust Co
Broadway
New York
Also Mentioned on This Page
Tard Coal Roads
Clinton Gilbert
Wall Street
America
Lincoln
Market & Fui
Socntetes
Park
Echaenics
Mech & Trad
Butch & Drow
Mercha
Pusboe
Merchants
Chase
Mount Morris
Chatham
Acusl
Pe Chemical i
Nassau
Chelsea
Columbia
North America
Northern Nat
Firelt
Ty Oriental Oo
Pacific
People's
Fe &T Bie
Ae Plaza
Riverside Ma
Germen-Am
Feeboard
Tinton
R & Feachange
Irs
Iss
Jefferson
West Side
Liberty
Yorkville
R. L. Day & Co
Bort & Albany
Cal & Hecin M
Poston
Franklin
Quincey
Atsazi
Ricason Tox
Seingherm
Maes Gas
Utah
Arke O
Wills & Co
Exchange Place
McKin Dar
University
T Lake
Green Meehan
Erson Ri
Nipissing
Central Oe Uy
Chicago Great Western
Tyne
Southern Railway
Toledo
ST. Louis & Western
Toledo, Peoria & Western
Bangor & Aroostook
Inc
POXDA
Johnstown
Gloversville
Milliken
Mariner
Record-Herald
J. J. Hill
U. P
Cortelyou
Chicago Grain and Provisions
C.P.R
Guggenheim and Car and Foundry
Trust Company
Iron Trade Review
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Bishopsgate St
Within
Paris
Rus de Richelieu
Trust Companis
Morton Trust Company
Nassau Street
Foreign Exchange
Levi P. Morton
Thomas F. Ryan
Charles H. Allen
James K. Corbiere
H. M. Francis
Paul D. Cravath
John Jacob Astor
George F. Baker
Edward J. Berwind
Frederic Cromwell
Levi P. Morton, Thomas F. Ryan
Charles H Allen
James B. Duke
A. D
Samuel Rea
Winthrop Rutherford
Jacob H. Schiff
Valentine P. Snyder
Harry Payne Whitney
James Narvtie
the Crust CompAny of America
Colonial Branch
Wall ST
Edwin Gould
William H. Taylor
Chas. P. Armstrong
John A. Hilton
V.pres. & Treas
William M. Laws
DIREC
Charles P. Armstrong
Frank Brainard
Myron T. Herrick
Harry Bronner
Edward T. Jeffery
Franklin Q. Brown
Winslow S. Pierce
Robert C. Clowry
Morton F. Plant
Edmund C. Converse
Dick S. Ramsay
Wn. Nelson Cromwell
Frederick B. Schenck
Grenville M. Dodge
Andrew Squire
A. Goepel
Edward R. Thomas
Frank J. Gould
John P. Truesdell
George J. Gould
E. F. C. Young
Atlantic City
NEW Jersey Central
Antic “City
Niagara Falls
Thousand Islands
Jamestown
T. Hendrickson
Brookly
West Point
Newburgh
Poughkeepsie
Palace
Hendrick Hudson
Albany
Biyn
Fulton St
Annex
Brasses St. S
RED Bank
Tee
Franklin St R Munders
Saara Ar Dietards
Lorg Bamch
Asbury Bark
S#ile
Telegraph
Irving Savings Institution
Chambers St
W. H. B. Totten
Geo. B. Dunning
Jonal Bank
Thirty-Fourth Street Nation
Westh Street
Manchester
England
W. H. Smith & Gon
Blackfriars St
Germany
Tribune Office
Berlitz School OF Languages
Madison Square
Harlem
Lenox Ave
Court
Newark Scheuer
Asbury Park
N. J
Rye Seminary
S J. Life
Misses Stowe
Rye
School Agency
American and Foreign Teachers’ Agency
T. W
Mo J. Young
Stlton
Onion Square
Telephone
Bryant
Frank T. Fitzgerald
Orson Desaix Munn
County of
Winthrop & Stimson
Liberty Street
Borough of Manhattan
Harles A.” Munn
Anne Elder Munn
Encaie
New York City
Frank T. Pitagerald
Caroline V. Folsom
Walter I. McCoy
York
Thomas G. Conway
Walter I. M'Coy
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