New York trust companies plan large cash withdrawals
Trust companies in New York aim to withdraw cash totaling about $22,000,000 over the next fortnight to meet the new reserve law effective July 1. From now until February 1, 2008 they must hold 19 percent cash and 5 percent bonds or bank deposits, with exemptions for certain trust funds and unmatured state bonds. current law requires 12.5 percent cash reserve.
MENTIONED IN THIS ARTICLE
New York
Comn«Ti
Peceni
Petraes
Meeting of bankers and brokers with Controller Metz on city finances
A group of bankers and brokers including Vanderlip Schiff Morgan and Morgenthau met Controller Metz in the Equitable Society board room. They discussed reorganizing the city finance system along lines urged by the Bureau of Municipal Research and its special committees and expressed support for the Controller’s cooperation in this reform effort.
MENTIONED IN THIS ARTICLE
Concaller Metz
Equitable Ee Society
Indepe
Bureau of Municipal Research
Comites
F. A. Vanderlip
Cearies Robinson
Jacob H. Schiff
J. Pierpont Gegen
George F. Baker
A. N. Harris
Anger Mills
FE. R. L. Gould
Charles A. Peabody
Gery J. N
London and Paris Bank to be Reorganized into New National Bank
At a special meeting in Yanton shareholders of the London, Paris and Bank Ltd decided to place the bank in voluntary mn. Assets to be sold to a new bank named London and Paris National Bank San Francisco to be incorporated under United States laws with capital a portion of the former bank. Larger shareowners urged reconstruction under goeten laws in California. Meanwhile judgment for 485,162 was entered in Virginia for Thomas Stokes against Chesapeake Western Company after he sought 590,000 from notes.
MENTIONED IN THIS ARTICLE
Yanton
London, Paris and Benk, Ltd
London and Paris National Bank
San Francisco
United States
California
Wwber Company
Eemond
Saeer
Thomas Stokes
Chesapeake Western Company
Lufmemi Rec Estate Corporation
Virgo
New Sa
Stokes
Right of way value pegged at 108 million in rate case
June 15. Thomas Cooper land commissioner of the Northern Pacific Railway testified in Minnesota rate cases today. He said the total value of the Northern Pacific right of way was 108 million dollars with 75 million representing the value of terminals.
MENTIONED IN THIS ARTICLE
Thomas Cooper
Northern Pacific Railway
Minnesota
Central Railroad stockholders special meeting adjourned
The Central Railroad Company special meeting to authorize a 150.0 million dollar bond issue as collateral for 6 percent three year notes was adjourned to June 23. The line, fed in 186 in New Jersey, acquired the Insular Railway to build 120 miles from Havana. The main line was completed last year while the remainder nears completion, serving both passengers and freight.
MENTIONED IN THIS ARTICLE
the Central Railroad Company
New Jersey
Insular Railway
Havana
Hill Heads North for Labrador Fishing Trip
Jamwee 3. Hill arrived here yesterday afternoon Washington en route to Labrador for a fishing trip. He spent a brief period at his No. % Street office and plans to relieve for a fee Gaye before departing.
MENTIONED IN THIS ARTICLE
Jamwee
Hill
Washington
Labrador
Bio freight steamers withdrawal linked to trade slump
Announcement by White Line says withdrawal from New York service not solely due to railroad rates. Officials cite depressed trade conditions and inland grain rate issues as factors, affecting New York and other port traffic.
MENTIONED IN THIS ARTICLE
Whites
New York
United States France parcels post agreement described
A historic parcels post pact between the United States and France was signed by Portmaster General Meyer and a French ambassador. The convention sets rates and weights for mail to France, with packages up to four or six ounces carried at low rates and a later planned weight increase, outlining charges per pound.
MENTIONED IN THIS ARTICLE
Mahington Jene
United States
France
Meyer and
Ambas Jueerand
Transfer Federal Prisoner Policy Shifts to Federal Jails
A telegraph message to William J. Day indicates the government will confine future sentenced prisoners to federal prisons. Those serving terms of a year or more and others still serving will be transferred to Atlanta and Fort Leavenworth, affecting eastern and western prisons nationwide. The policy aims to centralize custody and strengthen enforcement.
MENTIONED IN THIS ARTICLE
The
Tribune
Wiliam
Atlanta
Ohio
AB Spear
Oberlin Na
Cassie Chadwick
Everett House To Go From Lower Manhattan Landmark To Be Replaced
Guests at the Everett House at ith street and Union Square learned the Century Investment Company plans to tear down the hotel and build a twenty story office tower. The restaurant went to receivers, and all staff were paid off. Opened in 1840s, the five story building with 140 by 128 feet frontage sits on 16,500 square feet.
MENTIONED IN THIS ARTICLE
Lower Manhattan
Everett House
Ith Street
Union Square
Century Investment Company
George Walker
Mr. Walker
Everett
Walker
Astor House
Prince Henry of Battenberg
Duchess of Marlborough
Duke of Marlborough
Edward Everett
Century Realty Company
Alliance Realty Company
Potter & Bros
Ferdinand Kurzman
Richard Deeves
Henriette Kahn
Fourth Avenue
Engineers to Meet in Detroit ASME Session on Materials Conveying
The semi annual meeting of the American Society of Mechanical Engineers will convene in Detroit on June 2. Papers cover clutches, pitot tube studies, superheated steam, engine efficiencies, friction measuring, gas conduits cleaning, conical piston stress, by products coke ovens, and a lecture on photography in stellar evolution. Receptions and tours to plants and shipyards are planned around Detroit.
MENTIONED IN THIS ARTICLE
American Society of Mechanical Engineers
Detroit
Henry Souther
W. B. Gregory
Tulane University
New Orleans
E. W. Schroder
Cornell University
Syracuse University
W. H. Bilauvelt
John A. Brasheer
Allegheny
Penn
Painting Bertha Caught Again In Peoria Escape
Bertha Lebecke alias Fainting Bertha, a notorious escapee from Bartonville Asylum, was recaptured in Peoria while disguised as a drummer. At 28 she has escaped five times and is linked to multiple thefts, including a $1,000 haul after Elgin asylum escape. She used feigned fainting to rob victims.
MENTIONED IN THIS ARTICLE
Peoria
Bertha Lebecke
Bertha
Bartonville Asylum
Bartonville
Council Bluffs
Nevada Mo
Elgin Asylum
Brooklyn Ferry Co May Close Five Ferries by Court Order
A court may close five of the seven ferries of the Brooklyn Ferry Company. Davies Stone and Auerbach filed for the order in Supreme Court Brooklyn before Justice Kelly yesterday, representing Joseph J. O'Donohue Jr. as receiver of the company.
MENTIONED IN THIS ARTICLE
Brooklyn Ferries
Brooklyn Ferry Company
Davies, Stone & Auerbach
Justice Kelly
Supreme Court
Brooklyn
Joseph J. O'Donohue, Jr
Navy cruiser Yankee Commissioned at Charlestown Navy Yard
The United States Navy cruiser Yankee was placed in commission this afternoon at Charlestown yard. Commander C. Mersh will command the vessel which will patrol the Atlantic coast in the torpedo service.
MENTIONED IN THIS ARTICLE
Boston
Yankee
United States Navy
Charlestown Navy Yard
C. Mersh
Atlantic
International Mercantile Marine reports 1907 surplus and earnings
The International Mercantile Marine records a consolidated surplus of 4,902,730 after fixed charges and operating expenses for the year, with Leyland and National lines posting profits of 116,519 and 10.49 respectively. Despite labor strikes and higher coal costs, gross earnings reached 38,253,555 while net earnings stood at 7,024,945 and surplus at 4,032,731. After depreciation charges, the profit and loss shows a final surplus of 512,637.
MENTIONED IN THIS ARTICLE
International Mercantile
Leyland
National Line
Poth
New York June 15 1908 Market Summary for Produce and Hogs
Wholesale markets report light wheat stocks and selling pressure in New York with beans and peas varying by region. Dairy products show steady to firm prices on creamery and butter stock, while eggs remain mixed but steady for higher grades. fruit and vegetables move with supply, notably apples peaches and berries, with steady to firm prices for select lots. Cattle and veal receipts rise with brisk trading at Jersey City and 60th Street, veal prices range to $8 per 100 pounds with City dressed sales. lambs and sheep mixed with varied price quotes. hogs strong and numbers sizable, with state hogs quoted per 100 pounds and Virginia/Kentucky lots contributing to overall activity.
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New York
California
Lima
Etisktsae
Insernest
New State
Roxbury
South Carolina
Georgia
Staten Island
Jersey
Hilton
Delaware
Maryland
Carolina
North Carolina
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Pacific
Philadelphia
Pennsylvania
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State
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Virginia
North
New Orleans
Lestuce
Lima Bea Florida
OKRA
Southern
FEAS
Baltimore
Phi
Romaine
Sogtsc
Toledo
London
Newton & Co
Ohio
S. Sanders
McPherson & Co
S. Judd & Co
J. Shamberg & Son
Tobin & Shannon
J. G. Curtis & Son
Delifffe, Wright & Co
Andrew Mullen
W_ R. Hume
J. P. Nelson
60Th Street
Jersey City
B. W. Otis & Co
H. H. Hollis
W. R. Hume
Indiana
Virginia Lambs
Kentucky
S& Ib
Fred I. Katz
Sanders
Judd & Co
Kent
New York State
Fortieth Street
Lehigh Valley
Wehawken
Ee West Shore
Sulzberger
Schwarzschild
Bovie & Sulzberger
Minnetonka Schwarzschild & Sulzberger
New York Son
Bovic
I J. Shamberg & Son
Minnetonk
J. Shamberg
Teutonic
Swift Beef Co
S Baltic
Morris Beef Co
Baltic
Armour & Co
Boston
Montreal
Liverpool
Glascow
Manchester
Bristol
Out Street
Emmy m
Timon
Railroad Earnings For 1908 1907 1908 By Roads
Readable figures show earnings across railways including Chicago Great Western and Georgia Southern and Florida. Data cover first week in June and period July 1 to June 7 with miles operated and dollar totals for 1907 and 1908. Twin City Rapid Transit reports similar six month totals and weekly earnings.
MENTIONED IN THIS ARTICLE
Chicago Great Western
Georgia Southern & Florida
Twin City
Involuntary Petition Filed Against George Alexander
A bankruptcy petition was filed in the United States court yesterday against George Alexander of 429 Broome street by the Hub Gore Makers Rudolph A Breidenbach and Edward A Kahn with claims totaling 517 71. The petition alleges preferences and a transfer of property. John W Irwin was appointed receiver of Bued inger and James who run a restaurant at the Everett House with a 2000 bond. Discharges were granted to a list of individuals and firms including Harris Feinsoh Luigi Cardinalli Gaffney and Carrier Gallo Brothers Max Green A Friedenbach J L Hatch Morris Rosen Greenbaum and Kreisler Gregory Glick Co Peter J Hartman and David Jankowicz. Bulletins on the Republican National Convention will be posted in front of the Tribune Building starting this morning.
MENTIONED IN THIS ARTICLE
United States
George Alexander
Broome Street
Gore
Rudolph A. Breidenbach
Edward A. Kahn
John W. Irwin
Buedinger & James
Everett House
Harris Feinsoh
Luigi Cardinalli
Gaffney & Carriére
Gallo Brothers
Max Green
A. & & Friedenbach
J. L. Hatch
Morris Rosen
Greenbaum & Kreisler
Gregory Glick & Co
Peter J. Hartman
David Jankowicz
Erie Railroad to buy July 1 1908 coupons at par
The Erie Railroad Company announces it will purchase in cash four coupons due July 1 1908 at par, pledged under its collateral indenture. J P Morgan & Co. will handle the purchase at their Wall Street office by June 30 1908.
MENTIONED IN THIS ARTICLE
United States
Erie Railroad
Messrs
J. P. Morgan & Co
Wall Street
New York
Board of
Erif Railroad Company
D. Underwood
Erie Railroad Company
Erie Railroad Bond Extensions Deal With J P Morgan Co
Erie Railroad Company announces an agreement with J P Morgan Co to extend $1.59 million First Mortgage Bonds and $1 million Second Lien Bonds for the Buffalo & Southwestern Division to July 1, 1918 with 5 percent interest in gold coin payments semiannually. Bondholders may deposit for extension by June 39, 1908. Unextended bonds to be purchased at par. Signed by F D Underwood President.
MENTIONED IN THIS ARTICLE
New York
Erie Railroad Company
Messrs. J. P. Morgan & Co
Buffalo & Southwestern Railroad Company
Buffalo & Southwestern
Erie Railroad
United States
Messrs
J. P. Morgan & Co
F. D. Underwood
Notice of Supplemental Summons in New York County
Notice announces a supplemental summons in a 1908 case in New York County. Defendants including Helene Stein and several fictitious names are ordered to answer within 20 days or face default judgment. A publication summons issued May 1908 by Arnold Lichtig, attorney for the plaintiff, at 115 Broadway Manhattan.
MENTIONED IN THIS ARTICLE
Een Eoes Court
James Wallace
Arthur Rosal
William Montgomery
William
Alfred Kahn
New York County
New York
Arnold Lichtig
Broadway
Manhattan
City of New York
Helene Stein
James A Blanchard
Supreme Court of
State of New York
County of New York
County Court House
Borough of Manhattan
City
State OF
New
Millicent Smith
Floyd L. Smith
Loyal L. Smith
Kim
County of
Isis County
Hall of Records
City of
Eald Millicent Smith
Abner C. Thomas
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