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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 17, 1910

Page

5

Mining Merger to Absorb Two Mexican Gold Properties

Companies merge to form a larger mining conglomerate with Mines Company of America absorbing Con Limited and El Rayo assets in Dolores and Sonora Mexico. Exchange terms set 10 shares for 7 and par value raised. executive control linked to United States land Improvement figures.

Company of America Con Limited el Rayo Pepuabos Mexico Om Je Mercer Treasury Aeock Pest Wines Company of America Dolores Diviers Mines Company of America Sonora United States Land Improvement Corporation John Meert Isaac L. Elwood William Flemme E. Reis el Ra W. B. Thompsont Hinkle Smith Gery New York Stock Exchange

Textile Trade Faces Short Summer Policy in New England

Boston reports about fifty thousand textile workers greeted with a short time policy for summer months across New England. The policy may double in July and August as mills run with idled machinery and low spirits persist in the woollen sector. The American Woolen Company operates thirty mills and employs thirty thousand, with substantial machine idle. Other woollen firms show similar idle capacity amid economic strain and a downturn in thread industries.

Boston New England United States American Woolen Company Gosinest

New Haven Opposes Grand Trunk Line Plan

Boston June 16 The New Haven railroad company objects to the Grand Trunk proposal for a Palmer to Rhode Island line citing a prior New Haven petition from Palmer to Southbridge. The hearing before the Railroad Commission adjourned to June 29 for joint consideration of both petitions.

Boston Counse New York, New Fever & Hartford Railroad Company Railroad Commission Grand Truck Massachusetts New Haven Palmer Southbridge James Jackson Grand Trunk Railways Company Stich Rhode Island Providence Ater New Haven Reliread Com Mu Mellen Jackson New York New Feven & Hertford Grand Trunk Railroad Commission of Massachuets

San Francisco Line Abandons Projected BMI Increase

Unt Angeles June 16 projected BMI improvements costing 51 000 000 by the Santa Fe in California have been abandoned. The reason given by the company is that government holding up the proposed increase in freight rates made it impossible to obtain the necessary money on equitable terms.

Unt Angeles Santa Fe California

Pacific Power and Light Co Forms in Maine Under New Control

The Pacific Power and Light Company is incorporated in Maine with fixed 5 per cent cumulative preferred and common stock. The firm is controlled by the American Power and Light Company which has acquired gas and electric properties across Washington Oregon and Idaho and trolley lines in Walla Walla Milton and nearby routes including water systems in Yakima valleys.

Te Pacific Power and Light Company Maine Sch American Power 2 Light Company Walla Mila North Yakima Wash Lewiston Lo Ang Astoria Pendleton Ore Walla Walla A5ieton Athens Athens; Trolleys In “Tm and Walla Walla and An Inteline Milton Biraheen Electe Light Set Yakima Sbiemius Yakima

Fulton Trust Declares Semiannual and Extra Dividend

Fulton Trust Company announces a 5 percent semiannual dividend and an additional 2 percent extra dividend on July 1 to stockholders of record on June date. The declaration reflects the company’s ongoing profit distribution to shareholders.

Fulton Trust Company Sereguis

Power Plant Expansion Planned for Gary by United States Steel

United States Steel Corporation proposes to erect a new electric power plant in Gary to serve blast furnaces and water pumping needs. The project costs about 1 000 000 dollars, with 34 98 90 cited in the garbled text, and aims to upgrade the existing station to supply Gary and surrounding towns.

United States Steel Corporation Gary Tee

Trust and Savings Bank chartered in Republic state

National Bank of the Republica 280 receives charter for Trust and Savings Bank of the Republic SAS 4 with capital of 1 600 000 and linked to National City Bank of Chicago. Five trust companies now operate in Chicago with First Trust, American Trust and Bank, Commercial Trust, plus affiliations to First Republic and Continental banks.

Bee Ginece National Bank of the Republica Teept Chd K Trust and Savings Bank Repub- Sas National City Bank of Chino S@Uoual banks Chicago Recicas Bank American Trust and Bank Continental Yg Bank Commercial Trust One Bank Commercial National Bank

Indian Pacific Railway Ad Promotes Moving Pictures Train

A special train operated by the Indian Pacific Railway Company travels in Dominica to showcase Canadian West life, ranching and homemaking, aimed at temperate eastern regions. The event is organized under railway supervision to depict telegraphic moving pictures for public viewing.

Wving Picture Railway Indian Pacific Railway Company Sn “Wipmert Dominica

Hawley roads to order 65 locomotives and 6730 freight cars

Hawley roads reportedly planned to order 65 locomotives and issue bids for 6 730 freight cars with 5 000 steel underframe box cars and other types. Total estimated spend around 5 250 000 dollars. Equipment to serve Western lines including Chicago and Alton Minneapolis and St Louis and Iowa Central. Edwin Hawley and partner F H Davis declined to confirm.

Hawley Chicago & Alton Minneapolis & St. Louis Iowa Central Edwin Hawley F. H. Davis Wall Street

Southern Grocers Protest Against Prosecution

J H Mc Laurin of the Southern Wholesale Grocers Association denounces federal prosecutions as aimed at aiding individual litigation. Subpoenas served in Birmingham to members alleged in a Sherman anti trust case. Former president J A Van Hoose says the group acted legally and welcomes inquiry.

Jacksonville Fla J. H. McLaurin Southern Wholesale Grocers’ Association Birmingham United States McLaurin Ala J. A. van Hoose

North Carolina Cotton Mills Aim for August Curtailment

The North Carolina Cotton Manufacturers' Association met in Charlotte and did not take official curtailment action though unofficially all members plan a complete curtailment in August until the market rises. It condemned New York exchange rules, voted to admit Virginia mills, and reported 392 cotton mills and 171 yarn mills with 3,229,119 spindles, about a quarter of the looms and a third of the spindles in the South.

Charlotte N. C North Carolina Cotton Manufacturers’ Association New York Exchange Virginia Mills

Governor Calls Texas Legislature Special Session

Governor T A Campbell issued a call for a July 19 special session to resolve a dispute with State Insurance Commissioner W F E Hawkins over the application of insurance laws. The stalemate began when the governor suspended a law and Hawkins warned insurers their permits would be suspended. Campbell then pressed Hawkins to resign, leading to the convening of the legislature to settle the controversy.

Austin Texas T. A Campbell Legislature of Campbell W. F E. Hawkins Hawkins

Judge grants discontinuance in Munger suit vs Hocking Valley

Judge Lacombe filed an order in the United States Circuit Court granting a motion to discontinue the suit brought by H. Raymond Munger and other preferred stockholders against the Hocking Valley Railroad Company J Pierpont Morgan Edward T Stotesbury and others The action sought a decree that holders of unredeemed preferred stock after a 15 200 090 redemption to J P Morgan Co should share in the trust fund held by the bank in question

Rail service resumes on San Pedro route after flood

Passenger traffic on the Salt Lake route of the San Pedro & Los Angeles Railroad was resumed yesterday after being tied up since last winter’s flood that damaged nearly a hundred miles of track in Eastern Nevada. The company uses the old right of way while work on the parallel high line proceeds rapidly.

St Lake City San Pedro Los Angeles Salt Lake Nevada

Delay Planned For Rail Rebating Sentences

United States District Attorney Thompson said sentencing for the Lehigh Valley Railroad Philadelphia and Reading Railway and Bethlehem Steel Company convicted of rebating likely will wait until next fall. The attorney indicated a heavy penalty is unlikely.

Philadelphia United States Thompson Lehigh Valley Railroad Philadelphia & Reading Railway Company Bethlehem Steel Company

Crucible Steel declares multiple dividends in June

The Crucible Steel Company board declared a regular quarterly 1% cash dividend and an additional percent cash dividend, plus a 10% scrip dividend for preferred stock holders of record June 2. This marks the first cash payment against deferred dividends.

Pittsburg Crucible Steel Company

Mining stock closings in San Francisco shown for June

The June 16 closing quotations for Mexican oil and mining shares are listed with prices for Occidental Con Ophir Overman Savage Sierra Nevada Union Con Utah Con and Kentucky Com among others. Readers are reminded that the hand colored photogravures will appear at the top of page 2 for a limited time to allow access to the full series.

San Francisco Ophir Overman Savage Sac Sierra Nevada Union Utah Kentucky THE Tribune

Navy Exam Card Averts Sight Defect Cheating

Washington June 16 Navy officers report a new eye test card for midshipmen and recruits that thwarts memorization of letter patterns. The device presents vertical and horizontal letter lines, preventing any look up of the sequence and ensuring reliable vision screening for naval service.

Tribune Bureau Washington Naval Academy Naval C. F. Stokes Marine Corps D. D Porter Manila Philippines Henry Leonard Commandant F. L. Bradman Marine Barracks Navy Vard Boston L. B. Purcell Calhoun Ancrum Navy Yard Mare Island R B Creecy Marine Officers’ School Port Royal Naval Medical School Hospital E. Rosterman New York Ww. c. Powers, Jr G. M. Kincaid E. B. Miller W. F. Bevan Chicago William Brackett R. G. Geiger Marine Officers' School R. E. Adams W. H. Clifford Navy Department

Brown University Postpones Charter Change Vote

Providence June 16 Action on proposed elimination of sectarian requirements in Brown University charter postponed to October by the corporation. Committee urges funds for a pension system and an adequate endowment. Six of nine sign the general report with three dissenting findings.

Providence Brown University Corporation of the University Committee On Associated Alumni Frederick Burgese Episcopal Diocese of Long Island Everett Colby Arnold B. Chase Robert H. S. Goddard Charles E. Hughes New York Stephen O. Edwards William H. P. Faunce University Thomas Barbour Boston George E. Horr Newton Mass H. K. Porter Pittsburg Faunce

Adelphi College Holds Fourteenth Graduation At Brooklyn BAM

The Brooklyn Academy of Music hosted Adelphi College's fourteenth commencement with floral tributes and a chorus of Alma Mater. Rev. Nehemiah Boynton spoke on duties of graduates. scholarships and medals were awarded to students including Estelle W. Merrill and Grace L. Sturdevant. The ceremony announced two new free scholarships and noted a $375,000 year-endowment effort toward a $250,000 endowment.

Brooklyn Academy of Music Adelphi College Hazel Pitfield Nehemiah Boynton Wheeler Estelle W. Merrill Grace L. Sturdevant Joseph A. Aspinall Thomas Whitlock Alexandra Harris E. J. Miller Alfred Schieder Rosamond Ingalls Academy Levermore Beta Sigma Kappa Kappa Gamma Hayden W. Wheeler

Won't Bar Negro Girl From East Orange Class Dance

In East Orange New Jersey the white members of the high school graduating class deny a ticket to a Negro girl for the class dance. The girl wins a ticket after the father, James Vandervall, presses the issue. Vandervall also seeks a ticket for his other daughter Irene, claiming she should receive a diploma and participate, while the school says she is not a member of this year’s class. The dispute may lead to a confrontation with police protection planned for any disruption.

East Orange N. J James N. Vandervall Isabel John Hermann Vandervall Irene Hermann

Oram Suit Proceeds In Newark Cross‑Examination

Mrs Laura Jane Oram of Wharton New Jersey testifies in Newark as her suit against Thomas N Oram seeks to prove a marriage to claim a share of his estate for her and their fourteen year old daughter. She explains letters from England lacked husband references and admits no public marriage notice was published.

Emory Newark Laura Jane Oram Wharton N. J Thomas N. Oram Oram Gram England

Accidental shooting claim in Seyler family case

Jasper Seyler, shot by his father Peter Seyler last night in Atlantic City, lies in hospital believed out of danger. Jasper says the shooting was accidental, while police investigate neighbors' accounts of prior quarrels. William Seyler, recently acquitted in the Jane Adams killing, is held as a witness.

Atlantic City Jasper Seyler Peter Seyler William Seyler Jane Adams

Decision in Old Lawsuit Grants Dividend

Vice-Chancellor Stevenson in Paterson New Jersey on June 16 announced a five year old suit over Beattie Manufacturing Company profits from the Robert Beattie will. The matter, involving several hundred thousand dollars, ends with a decree commanding current managers to declare a substantial dividend.

U S Army Breaks World Record On Corregidor Practice

United States Army officers say that during yesterday's practice on Corregidor Island eleven of twelve shots from the -inch guns hit the bull's eye. The batteries are at the entrance to Manila Bay.

Manila United States Army Corregidor Island Manila Bay

Pratt Institute Commencement Honors 482 Graduates

Emmanuel Baptist Church Brooklyn hosted Pratt Institute's annual commencement. Dr Hugh Black offered guidance as Charles M Pratt awarded 482 diplomas and certificates across eighteen departments including normal art manual training decorative design and applied electricity.

Emmanuel Baptist Church Lafayette Avenue St. James Place Brooklyn Pratt Institute Hugh Black Charles M. Pratt Board of Trustees

Ninety-Eighth Birthday of Local Pool Expert Ben Brittin

Fiainfield New Jersey reports Bennett Brittin celebrated his ninety eighth birthday today. His hobby is pool and few locals can beat him at the game.

Fiainfield N. J Bennett Brittin

Bank of England weekly return shows reserve rise and deposit shift

London reports a total reserve up 1 196 016 pounds while circulation falls 304 015. Bullion rises 891 027, other securities drop 369 110, other deposits down 1 303 183, public deposits up 2 602 015. Government securities unchanged and reserve ratio 31.9 percent. Paris notes Bank of France gold up 3 803 000 francs and silver down 1 750 000 francs.

London Bank of England Paris Bank of France

Boston Stocks Show Mixed Shares and Dividends

June 15 and 16 readings list numerous stocks including Am Pneum, T & T, Atlantic, Mass Gas, Granite, and Us Smelters. Prices show splits, with several preferred shares and ex-dividend notes noted alongside varied percentage changes.

Bos & Alp Cal & Hecla Boston Centennial M NH &H Franklin M Granby M E St Quincy M Tamarack M West T @& T Arcadian M Atlantic Shannon M

Market News Cattle and Hogs Mixed Across Cities

Chicago receipts 5 500 cattle steady with values up to 565 for beeves and 540 780 for Western cattle. Hogs about 11 000 with slow sales. heavy hogs 9 30 9 70, bulk 9 45 9 65. Sheep 15 000 receipts steady to slightly lower. natives 3 50 8. yearlings 6 25 7 25. lambs 5 75 8 25. Other markets show varied cattle and hog prices with top calves and Southern offerings.

Chicago Texas Kansas City Cincinnati East Buffalo Dairte Pittsburg

Market summary of wheat and commodities from Liverpool and Antwerp

Foreign markets report dull wheat with no stock for No 2 red Western and firm futures in July and October. Also listed are Canadian peas, flour patents, hops in London, beef and pork prices, bacon, lard, cheese, turpentine, rosin, and petroleum refined prices, plus linseed oil and tobacco products with regional quotes from Liverpool and Antwerp dated June 16.

Liverpool Galveston London Pacific Coast Rosin Dominion Tnndon Calcutta Antwerp Petroleum Kansas India Muse South America Continent Brazil Zige New York East St Louis Cleveland Northern Southern United States Otlake

Grain and Cotton Markets in New York June 16 1910

Grain markets closed mixed with wheat firming then steady as shorts covered while corn and oats held near steady. Cotton declined slightly amid Liverpool freight news and cooler demand. sugar and coffee held firm with Brazilian markets buoyed by London exchange. Provisions and fats edged higher on steady demand from traders.

Shorts Liverpool Chicago New York

Market for Beans and Peas and Dairy Prices Mixed

Receipts show beans and peas firm on select lots with yellow eye beans scarce and higher. Creamery market firmer with some gold at 2.5 cents and extras at 27.4. cheese and eggs steady with selective premiums for top grades. Milwaukee to New York market notes include limited packing stock demand and steady hay, with milk and cream prices fixed at 3 cents per quart net to shipper.

New York Lima California Mae Ll&c Ie Ise Pennsylvania Hennery C. Gaston Ely Hos Sr Delaware Staten Hilton Irvington Jersey Maryland Florida Porto Rico Cuba Pacific Coast Oregon Sonoma New York State Canalbeat Am Gail Western Southern Philadelphia Ducklin Island New Orleans Baltimore Eastern Shore Norfolk Georgia Tsc North Carolina Bermuda Texas Okra Virginia South Carolina Merree Missisat Erie Susquehanna West Shore Lackawanna Crees New York Central Central Ontario Lehigh Valley Homer Ramsdell New Haven

Livestock Market Report New York June 16

Receipts totaled 123 cars and 2259 head with steady tone for cattle and calves. Dressed beef and veal slow to steady. prices listed for common to choice native sides and veals with noted averages and sale agents, including McPherson & Co and Sanders, plus Virginia lambs and Maryland shipments selling near $9.50. Sheep and lambs at Racine show steady demand with lambs slow to lower and yearlings fetching higher bids.

New York J. G. Curtis & Son S. Sanders McPherson & Co Shannon Virginia Kerns Commission Co Maryland Fred Andrew Mulles

Also Mentioned on This Page

NEW Line Iss Grand Truk Acific Gas-Electric Vplicate NEW Chicago Trust Companies Hawley Roads Equipment Western Lines Texas Insurance Clash Morgan Army and Navy Notes Wheeling Petrel Petrei Bremerton Alaskan Asia Suez Canal ARMY William H. Bixby Board of Ordnance and Fortification William L. Marshall Jesse M. Baker John W. Barker Signal Corps Oe Signal School Fort Leavenworth Uly 1 Henry D. Thompson Medical Corps Organized Militia Gettysburg Chickamauga Park Leon Springs Pine Camp Sparta Augusta Fort Riley Fort Benjamin Harrison Atascadero Harrison Karrick Coast Artillery Frank T. Hines George O. Cress 4Th Cavalry Army War College Brooee Payne 3D Field Artillery Fort Sam Houston Fort Myer James m. Burroughs 2D Cavalry Ira L. Reeves Miami Military Institute Ohio Charles T. Smart 1St Field Artillery Presidio of Charles T. Dulin Medical Reserve Corps Fort Bayard General Hospital Fort de Soto Fort Moultrie Henry C. Michie, Jr Robert T. Oliver Fort Hamilton Jere B. Clayton Harrison S. Kerrick Coast Minnesota G. W. Ravenscroft Montgomery P. L. Wilson Lancaster M. James Tios T. W Richards Naval Dispensary J. Tl. Neilson Bureau of Medicine and Surgery G E. Thomas Wabash Paducah Southport San Hampton Fieads Fortune San the Sausalito Truxtun Srate Island Cavité Yorktown Moonterey Free Cine Ajax Bo’ Roads Tarantula Hampton Vines Standish Atcletam Fosselen Ang Pike Justin Brown Adelphi Brooklyn College Orange Dance New Jersey Seylers Foreign Bank Returns Panama Philippine R. L. Day & Co van Schaick & Co United Ry Norf R& L Do Isis Seaboard Co Cent Trust Union Trust Nor Cent Ry Chicago Grain and Provisions Montana St. Paul General Market Report Gulf Havre Hamburg Rio Santos Rio No 7 aTear Country Produce Markets
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