Grain rates cut spark talks with railroads at port meeting
The Prosper Exchange held a conference in Germany to pressure railroads over inland grain rates to Montreal. A special committee chaired by J Ward and including James F Parker was formed to press the railways for concessions. Grain exporters urged openness as Montreal rate discrimination threatened Port of New York grain traffic and shipments to Europe.
MENTIONED IN THIS ARTICLE
Profinnce Exchange
Gerby
Montreal
Gine Neraliroids
White Star Lineert
New York-Liverpool
New York
Gost
Welding Ring
Exchange
James F. Parker
Attee
Trade and Transportation
Ygtter
Spe
J. Ward
Yale
Ins
Ely Bernays
Sex Fork
Charles F. Coffin
Ccommitte
Coffin
Europe
Washington Life Insurance Co Receipts and Disbursements
The Washington Life Insurance Co reports assets of 18 655 942 for the year ending December 31. In force policies amount to 57 6il. Premium income 2 224 443. interest 540. rentals 372 679. Claims and maturity endowments 575. dividends 112 776. total paid to policyholders 32 234 4%. Management expenses 585 627. real estate taxes 145 503. Cash balance 362 563. Real estate exposure noted. six properties since last 19% examination. home office sold for 5 817.98. No dividends to policyholders distributed. new-business expense within legal margins.
MENTIONED IN THIS ARTICLE
Washington Life Insurance Company
New York Insurance Department
Atin Gesthi
Couger
Morse pleads not guilty to three indictments
Morse appeared before Justice Goff er and entered a not guilty plea to three indictments. Two accuse grand larceny and one alleges perjury with a fall trial expected.
MENTIONED IN THIS ARTICLE
Morse
Ames W. Morse
Justice Goffer
Perny
New Trade Directories for Greater New York Published
Tee Grow Pirecture Company issues two new volumes listing every individual and firm in trades or professions across five boroughs and Manhattan with street and avenue directories. The editions expand past years with more names and full contact details available for direct purchase.
MENTIONED IN THIS ARTICLE
Tee Grow Pirecture Company
Manhattan
Te Bmx
Iditio
Surrender of Government Deposits by Local Banks
The Chemical National Bank surrendered its public deposit to the U S Treasury and the American Exchange National Bank surrendered part of its deposit. The two banks in the city do not pay interest on deposits. The Chemical was a temporary depository, subject to a 1 percent interest charge under the emergency currency law. The American Exchange remains a depository and has surrendered its temporary deposit.
MENTIONED IN THIS ARTICLE
Chemical National Bank
United States Treasury
American Exchange National Bank
Chemical
Secretary of the Treasury
American Exchange
Bank ordered to examine, cut capital, and reorganize
Justice Blanchard ordered a supplemental examination of Mechanics and Traders Bank and report to the Supreme Court on resuming business. Capital cut from 2 million to 1 million, stock placed under three voting trustees Morgan J O'Brien Edward M Grout and William M English. Bank may borrow 1.08 million from Equitable Trust Company and elect a new board and officers. A special stockholders meeting will be held. Grout may become president. Board reduced from 25 to 20. Receivers to shift deposits among Farmers' Loan and Trust, Metropolitan Trust, and Equitable Trust. Equitable named as additional depository. Directors must obtain 2 percent of depositor signatures for deferred payment plan.
MENTIONED IN THIS ARTICLE
Justice Blanchard
State Banking Department
Mechanics and Traders’ Bank
Supreme Court
Morgan J. O’brien
Edward M. Grout
William M. English
Equitable Trust Company
David A. Sullivan
Farmers’ Loan and Trust Company
Metropolitan Trust Company
Thomas suits unsuccessful in bank note case
In Newport New Jersey June 16 a jury returned a verdict for Edward R. Thomas in a suit by the National Bank of North America New York seeking 50000 on a promissory note for a loan arranged with Charles W Morse. The Thomases Newport summer home was attached but Thomas had transferred property to Mrs Thomas before attachment and the deed was recorded later.
MENTIONED IN THIS ARTICLE
the Tribune
Newport
R. 1
National Bank of North America
New York
Edward R. Thomas
Superior Court
Mr. Thomas
Charles W. Morse
Thomases
Mrs. Thomas
Pittsburg to Repay Bank Losses From Unknown Source
Telegraph report says the city of Pittsburg and the state of Pennsylvania will be repaid the 2,000,000 lost with the Allegheny National Bank. Mayor Guthrie announced repayment soon after a conference with the cashier William Montgomery’s attorney. State Treasurer Sheats also reports a promise of recovery for the state.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
State of Pennsylvania
Allegheny National Bank
Guthrie
William Montgomery
Sheats
Montgomery
Brooklyn Bank to Reopen Next Week Under Reorganization
The Brooklyn Bank plans to reopen next week after an agreed plan with the International Trust Company of Brooklyn to purchase all Brooklyn Bank stock and transfer assets. The International Trust will pay creditors and likely enter voluntary liquidation. A $600,000 loan from Metropolitan Trust Company funds the plan, with $1,722,617.91 cash estimated at reopening and total liabilities of $1,767,750.79.
MENTIONED IN THIS ARTICLE
Brooklyn Bank
International Trust Company
Brooklyn
S. Stanwood Menken
Philbin
Beekman & Menken
Menken
Justice Bests
Supreme Court
Hudson
Brooklyn Pank
International Trust
Trust
Metropolitan Trust Company
Justice Betts
American Silk Company resumes operations under new officers
The American Silk Company, freed from receivership, resumed business yesterday with M. G. Collins re elected president. Seven directors will control, with H. L. Gwalter and A. K. Breues representing creditors and BR. P. Cheney, M. G. Colline, E. H. Buchardt, B. E. Sheibley and Douglas St. Clair representing stockholders.
MENTIONED IN THIS ARTICLE
American Silk Company
M. G. Collins
H. L. Gwalter
A. K. Breues
BR. P. Cheney
M. G. Colline
E. H. Buchardt
B. E. Sheibley
Douglas St. Clair
Jury verdict favors Windsor Trust over U S Fidelity Guaranty
A Supreme Court jury awarded $35.00 to Windsor Trust Company against United States Fidelity and Guaranty Company. The case involved Chester B. Runyan, the trust teller who fled last fall with $26.00 in cash, was captured, and $74,000 recovered.
MENTIONED IN THIS ARTICLE
Supreme Court
Windsor Trust Company
United States Fidelity and Guaranty Company
Chester B. Runyan
Trust Company
McIntyre Case Seeks Grand Jury Minutes in Bail Case
Judge Mulqueen presided in General Sessions over a motion to inspect grand jury minutes that returned five indictments against Thomas A. McIntyre head of the defunct T A McIntyre & Co now held on 29000 bail Arthur C Trein Assistant District Attorney opposed the motion The judge set briefing deadlines and warned of a prompt plea decision as a special panel is summoned for June 22 Also reported Miss Amy Mark Watson of New Jersey was found unconscious from gas in her family home in Milford The date line cites June 16
MENTIONED IN THIS ARTICLE
Mulqueen
Thomas A. McIntyre
T. A. McIntyre & Co
Arthur C. Trein
Teey
McIntyre
Foster
Ocean City
Watson
Mark W. Watson
Amy M. Watson
N. J
Amy Mark
Miss Watson
Itsburg
Rockefeller Heads to Cleveland Quietly from Terrytown
John T. R Rockefeller arrived in town yesterday afternoon from Terrytown by automobile and traveled to Cleveland on the Lake Shore Limited with Mrs Rockefeller. He sent word to reporters from his private car that he had absolutely nothing to add.
MENTIONED IN THIS ARTICLE
Cleveland
John T. R Rockefeller
Terrytown
Lake Shore
Rockefeller
Coal Roads Hearing Challenges Hepburn Act Clause
In Philadelphia on June 16 the United States Circuit Court began a case to restrain seven coal carrying railroads from moving Pennsylvania anthracite to points outside the state, challenging the constitutionality of the commodity clause of the Hepburn act. Attorneys General Bonaparte and Wilmer led for the government, with John G. Johnson and Robert W. De Forest for the railroads, including Pennsylvania, Reading, Lehigh Valley, Delaware Lackawanna and Western, Central Railroad of New Jersey, Erie, and Delaware and Hudson. The proceeding seeks a judicial construction of the clause amid defense on whether mining companies fall under the act. Mr. De Forest will conclude for the defendants tomorrow.
MENTIONED IN THIS ARTICLE
Philadelpha
United States Circuit Court
Pennsylvania
Bonaparte
A. Allison Wilmer
T. C. Spelling
John G. Johnson
Philadelphia
Robert W. de Forest
New York
Dallas, Gray and Buffington
Pennsylvania, Reading
Lehigh Valley
Delaware, Lackawanna & Western
Central Railroad
New Jersey
Erie
Delaware & Hudson
Johnson
Philadelphia & Reading
Reading
Wilmer
West Virginia
Delaware & Hudson Company
Spelling
Delaware, Lackawanna & Western Company
Coal Trust
de Forest
Assaulted by Robber in Middletown Home
A robber broke into Mrs. Joseph McVoy’s home near Montgomery Orange County at 7 pm. She was beaten and left for dead in the cellar. a farm hand named August was formerly discharged. A posse searches the area as Mrs. McVoy remains unconscious and may die.
MENTIONED IN THIS ARTICLE
Tribune
Middletown
N. Y
Joseph McVoy
Montgomery
Orange County
McVoy
Walden
Hiram Dubois
American Can declares quarterly dividend on preferred stock
The American Can Company announces a 1.25 percent (1 1/4%) quarterly dividend on its preferred stock, payable July 1, 1908 to holders of record at the close of business June 17, 1908. Transfer books remain open and checks will be mailed.
MENTIONED IN THIS ARTICLE
Westers Union Telegraph Companiew
Tnsfer
M. T. Wilbur
Railway Steel-Spring Company
Church Street
New York
Messrs
Harvey Fisk & Sons
Cedar Street
New York City
E. M.cormick
American Can Company
Guaranty & Trust. Company
Broadwa
Arthur Terry
Electricity Breaks Long Sleep In Canton
Peter Bacher aged 52 of Canton Ohio awoke after 26 days of sleep using electric batteries and mental suggestion. Dr T H Shorb led a clinic of physicians summoned to rouse the inventor whose long slumber followed the collapse of a secret steel financing plan four weeks earlier.
MENTIONED IN THIS ARTICLE
Tribune
Canton
Ohio
Peter Bacher
T. H. Shorb
Physicians
Bacher
Arrests Made in Manhattan Under New Handbook Law
Detectives Hall and OConnell arrested a man at the Hotel Metropole who claimed to be John Ryan. He faced a $5 bet on Stamina in the Gravesend race, with $6 noted and $500 bail set for today’s Jefferson Market court appearance. Two more arrests followed in Herald Square for same charge.
MENTIONED IN THIS ARTICLE
Manhattan
Hall and
O'Connell
Steinbruck
Hotel Metropole
John Ryan
O’connell
Gravesend
Ryan
Stamna
Jefferson Market Court
Timothy Shine
Shine
36Th Street
Sixth Avenue
Herald Square
Clifford Mellin
No. 20
West 29Th Street
Alfred Henry
Chicago Grain and Provisions Market Report June 16
Rain in the winter wheat belt spurred a bullish turn in Chicago trading with July wheat closing higher after an initial drop. Corn and oats also advanced, while provisions fell up to 14 and rose as much as 10 cents amid renewed buying by commission houses and strong cash demand.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Kansas
Nebraska
Southwest
Bell
Minneapolis
Duluth
Missouri
Corn Belt
Longs
Lee Tole
Shorts Ald Commission Houses
Tse
Titec
Railroad Earnings Reported for Early June 1908
Earnings figures for several rail lines are shown for the first week in June and the period July 1 to June 7. Detroit United and Pacific Coast sections present gross earnings, operating expenses, and net income, with totals in thousands of dollars and miles operated.
MENTIONED IN THIS ARTICLE
Detroit United
Pacific Coast
European Produce Market Liverpool June 16 Summary
Wheat prices show a dull spot market with No 2 red Western winter at 78 32d. California grain steady in futures with July at 7s 3a and September at 7s 4. December 6s 1½d. Corn spot firm with new American kiln dried at 5s 10d and old American mixed at 7s 2½d. Futures quiet with July 5s 1d and September nominal. Flour outlook continues.
MENTIONED IN THIS ARTICLE
Liverpool
California
Also Mentioned on This Page
Washington Life Statement
Pany
Hanna-Morse
John H. Flagler
Ashbel H. Barney
Jane W. Barnes
le Charlie T
John W. Gates
Charles Récwst
Hense
Robert M. Thompson
J. O'Brien
Charles A. Hanna
National of
North America
Fgtice Kelly
MeKay
Mkster Company
Ie Concern
Justice Kelly de Sither
Ne Mianchice
NEW City Directory
Une
Chemical National
State Department
Mechanics and Traders
Thomas
Allegheny
American Silk CO
Runyan
M'Intyre Jury
Wabash Pittsburg Terminal Railway Company
Central Trust Company OF
Wall Street
OLD Colony Trust Company
Ames Building
Boston
J. N. Wallace
Paul Morton
Haley Fiske
Harry Bronner
Myron T. Herrick
Gordon Abbott
Geo. P. Butler
Franklin L. Babcock
X. Joline
Larkin & Rathbone
Chambers St
Board of Trustees
Thomas M. Mulrey
John J. Pulleyn
North River Savings Bank
W. 34Th St. Bet
Aves
Samuel D. Styles
Frederick_ N Cheshire
Charlies F. Turton
NEW York Central & Hudson River Railroad Company
Edward L. Rossiter
R. H. Ssmon
Buffalo & Susquehanna Railroad Company
Fisk & Robinson
Cedar St
A. Lehr
Greenwich Savings Bank
Ss. E. Cor
6Th Ave
16Th St
James Quinlan
Charles M. Dutcher
Treas
R. J. Hampden Robb
Francis M. Bacon, Jr
Union Dime Savings — Bay
Ses
FOU
Charles E. Sprague
Francis M. Leake
William G. Ross
Lake Hopatcong
Liberty ST
Atlantic City
Copartnership Notices
Carlisle, Mellick & CO
Broad Street
New Tael
Rem
Jay ¥ F. Carlisle
George P. Mellick
Daniel A. Loring, Jr
Clarkson Runyon, Jr
Charles F. Samson
Ira Richards
David C. Halsted
The
New York Stock Exchange
el Board
Niagara Falls
Montreal and Lakes
White Mountains
Nova Scotia
Old South Country
Saguenay River
Provinces
St. Lakes
Yellowstone Park
T. H. Hendrickson
Fulton St
Bet
National Copper IN Clearing House
National Copper Bank
Clearing House Association
Clearing House
Pennsylvania Company
Chestnut Street
Wilmington & Baltimore Railroad
S .W. Packard
Philadelphia, Wilmington & Baltimore Railroad Stock Trust
Bureau of Supplies and Accounts
Navy Department
Washington
D. C
Navy Yard
S&c
Navy Pay Office
Bureau
E. B. Rogers
1. S N
District of Columbia
Henry B. F. Macfarland
Henry I. West
Jay J. Morrow
Commissioners
DEPT
Jeffersonsville
Ind
Manila
P. I
San Francisco
George Ruhlen
U. S. Army
Q. M
Panama Rail Road Company
State Street
Nordsiek
Starin
Long Island Sound
Glen
West Point
Newburgh
Poughkeogele
Palace Ireers
Red Bank
Klin St
Trelley
Long Branch
Asbury Park
Phila
Vane
Succes
East Greenwich Academy
East Greenwich
R. I
Charles Alferd Stenhouse
M. A
Lepemennspee
Maine
Tribune Office
Ted
Park
Aberlitz School OF Languages
Madison Square
Broadway
Hlarem
Lenox Ave
127Th St
Court Strummer School
Hundred Milea Rye Seminary
J. Life
Misses Stowe
Chicago Grain and Provisions
Ann Arbor
Detroit
Toledo & Ironton
Ra A
Cae
American and Foreign Teachers’ Agency
M J Young-Fulton
Union Square
Mademoiselle Amyot
Madison
el Gary
State OF
New
Grace of God
Susannah Rebecca Dowsett
Alfred Birchett
Ariana Frances Louisa Hedges
Henry Walter Mann
James Birchett Mann
Franklin Joseph Kirtland
Edwin Ggland
Franklin Joseph Kirtland, Jr
Harry Kirtland
Linda Elizabeth Kirtland Hise
George Edward Kirtland
Ariana Frances Birchett
Alfred Birchett, Jr
State of New York
James Birchett
County of
Anid County
Hall of Records
United States Trust Company of
New Ys
New Nw York
Daniel J. Doywdney
Surrogates” Court
Stewart & Shearer
Dby
Frederick
Mary Schell
East 49Th Street
Borough of Manhattan
Frederick Wodey
City of Newark
State of New Jersey
Henry Ringhof, Jr
Frederick Wooley
Newark
Abner C. Thomas
Lord Anothar
Daniel J. Dowdney
Josus Danziger
Siegfried Danziger
Casper Danziger
Asold Danziger
Adolph Danziger
Bernhard Danziger
Moritz Schneider
George Schneider
Hu Schneter
Alfred Schneider
Greta Gottschalk
Edith Ind
Gernhard Danziger
Lillt Tor Elisabeth Danzi
Eva Danziger
Agnes Danziger
Kurt Danziger
Danz
Gertrude Danziger
Mount Sinai Hospital
City of New York
Montefiore Home
Hebrew Orphan Asylum
City of Ww York
Hebrew Technal Institute
Educational Alliance
Hebrew Sheltering Guardian Society
Congregation Baal Jeshurun
Congregs
Trom Beth Israel Riker Cholim
Seaman Danziger
Deris
Mal
Virginia Danziger
William Hyams
Abnert Thomas
Paniel J. Dowdney
Gross & Sneudaira
Borough of
Francis Ashbury
Eton College
Chapin Home
Presbyterian Hospital
Presbyterian Church of
Charles J. Day
William Abbott
Richard B. Kelly
Abner
Panter FF. Dowdney Lerk
Surrogates’ Court
Upreme Court
County OF New York
Mucua Life Insurance Company of
Plata
David G. Ludins
Vesey Street
Herbert A. Sherman
City
Second Avenue
M. Linn Bruce
R. James McKeen
Charles H. Beckett
Ferdinand Bartels
Greenae Street
T FE Beardsley
Nassau Street
F. A
Ferry
Atlantic
Flatbush Ave
Ahlfeldt
Tor
London
Epirus
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