Indictments in National Bank Case Reach New Counts
A grand jury returned 41 counts charging Charles W Morse and Alfred H Curtin, officers of the National Bank of North America, with false entries and misapplication of funds in 1960s dealings. The case ties to American Ice and Consolidated Steamship Lines, involving inflated stock values and discounting of uncollectible notes. Morse seeks court permission to sell receivables. authorities note depleted assets and depositors' claims.
MENTIONED IN THIS ARTICLE
Charles W
Gce
Alfred H. Curtin
National Bank of North America
Gre
Pete Jews
Bank
Dy Ar. Morse
Connectgen American Ice
Consolidated Steam
Ep Morse and
Curtis
Bank of North America
Park
American Ice Securities Combhe Consolidated Steamship Lines
Leo Seit
Ign Berk
Morse
Gepong
Wet Trust Company
Mercantile Na- Berk
New Amsterdam Nationalpeak
Morse and
Gock
American Ice Securities Company
Messrs. Movs and
Beush
United States Circuit Court
New Empire F
Mover
Curses
Washington
National Bank of Worth America
Hance
Wes
TS Cent
Brady Company Assigns Guaranty In Bronx Courthouse Fallout
The Thomas J. Brady Company assigned guaranty to John F. Butler for creditors. Brady, once head of the Building Department, faced removal after a department investigation. He later became Commissioner then chaired the building committee before resigning to focus on the business. Liabilities and asset concerns hinge on Bronx courthouse work halted by Joel Haffen.
MENTIONED IN THIS ARTICLE
Thomas J. Brady
Broadway
Guerray
John F. Butler
Euitters
Empany
Tamgar
Remith
Bremer
Transfer Tax Receipts Grow in May Totals
State Treasurer Hauser reports May stock transfer tax receipts reached 65 787 dollars the highest monthly total since last quarter. The rise is linked to a Controller office action aimed at closing discrepancies between recorded securities trades in this city and tax returns, prompting payment on all sales.
MENTIONED IN THIS ARTICLE
Alsavtr
Hauser
Receiver Appointed for Machinery Company Case
Walter A. Hirsch named receiver of the S. W. Corporation manufacturers machines and indestructible cloth with offices formerly at 35 Wall Street in a suit by D.6 Mile a judgment creditor for rent alleged due. Supreme Court action grants appointment amid ongoing proceedings.
MENTIONED IN THIS ARTICLE
Machinery Company
Derge Blanchard
Supreme Court
Walter A. Hirsch
S. W. Corporation
Wall Street
Bike Mille
Sale of B and O securities by Brown and Eons
Alexander Brown and Eons bought 2,072 dollars of Baltimore and Ohio mortgage bonds 4 per cent and 1,513,000 dollars of Baltimore and Ohio Southwestern division 343 per cent bonds. Brown said they bought the bonds directly from the issuer and that Garanty Trust Company of New York is also interested.
MENTIONED IN THIS ARTICLE
the Tribune
Baltimore
Alexander Brown & Eons
Miers
Baltimore & Ohio
Merlien
Bumers & Ohio
Southwestern Division
Came- Brown
Silat Company
Garanty Trust Company
New York
Inter- MM
Coal Suit Nears End In Government Rail Bid Case
Philadelphia addresses by Attorney General Bonaparte and John G. Johnson outlined the government hard coal suit against seven railroads. The case was submitted to Judges Dallas Gray and Buffington with briefs to follow. Johnson challenged the commodity clause. Bonaparte defended Congress power over interstate commerce and corporate regulation. A St. Paul report noted Northern Pacific land holdings save the railroad millions annually and supply coal to its western operations.
MENTIONED IN THIS ARTICLE
Philadelphia
Bonaparte
John G. Johnson
Dallas, Gray and Buffington
United States Circuit Court
Johnson
Congress
Allegheny River
Secretary of War
Pennsylvania
Circuit Court
Supreme Court of the United States
St. Paul
Thomas Cooper
Northern Pacific Railway
Bismarck
N. D
Swedish government loan prospectus issued in London
The prospectus of Sweden’s government loan for 3 million pounds was issued in London. It carries 4 percent interest until 1918 and 3 1/4 percent thereafter. The issue price is 98.
MENTIONED IN THIS ARTICLE
London
Tayopa Mine Found In Guaynapa Region Of Mexico
Reports from Nueva Casas Grandes Chihuahua say the lost Tayopa mine is located on Colonel William C Greene lands, with a federal mineral concession. The Douglas Copper Company eyes production in the Greene Cananea camp next month as stockholders are assured the company owns mining properties free of debt.
MENTIONED IN THIS ARTICLE
Nueva Casas Grandes
Chihuahua
Mexico
Guaynapa
William C. Greene
Greene Gold-Silver Company
Antigua
John N. Kirk
Butte, Mont
Butte and
Iron Trade Conditions Reflected In Steel Pricing and Demand
The Iron Trade Review reports crude steel and several finished goods prices have fallen while specifications rise, yet demand remains weak except for steel bars used in agricultural implements. It recalls 1904 improvement and hopes for a repeat, noting a harmonious manufacturers conference and continued moderate ore buying as pig iron prices stay well maintained.
MENTIONED IN THIS ARTICLE
Iron Trade Review
United States Steel Corporation
Dividends Declared by Big Four and Lake Erie & Western
The Big Four railway and Lake Erie & Western pass dividends amid earnings decline. Big Four declares 1 percent on preferred stock payable July 20. common dividend omitted. Lake Erie & Western also passes semiannual preferred dividend. Big Four stock falls on dividend news while bonds may be jeopardized without full common payout.
MENTIONED IN THIS ARTICLE
Vanderbilt
Cleveland, Cincinnati, Chicago & St. Louis Railway Company
Big Four
Lake Erie & Western Railroad Company
Lake Erie & Western
M. E. Ingalls
Banks surrender public deposits over new currency act
The Treasury reports that Chemical Bank of New York and American Exchange National Bank of New York have given up large government deposits to avoid paying 1 percent interest under the new currency act. Banks weigh joining currency associations. actuary W. W. McCoy estimates a $100000 government deposit could yield a net profit of $70142 after one year in a 5 percent loan market.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Chemical Bank of New York
Secretary of the Treasury
American Exchange National Bank of New York
Treasury
Great Money
W. W. McCoy
United States
Loree Defends Railroads At Rutgers Alumni Dinner
L F Loree president of the Delaware and Hudson Company was to speak at Rutgers College alumni dinner but fell ill and the speech was read by President Demarest. Loree condemned attacks on railroads warning of Investor risk, employee consequences, and broader community impact. Gifts announced included a $00 memorial fund for John Oliver Herbert from alumnus and trustee John W Herbert of the class of 1872.
MENTIONED IN THIS ARTICLE
New Brunswick
N. J
L. F. Loree
Delaware & Hudson Company
Rutgers College
Demarest
John W. Herbert
John Oliver Herbert
Union Enrich and Signal declares 3 percent dividend
Pittsboro June 13 The directors of the Union Enrich and Signal Company a Westinghouse concern declared a dividend of 3 percent on both preferred and common stock payable today in cash or shares as a result of earnings and financial standing of the company.
MENTIONED IN THIS ARTICLE
Pittsboro
Lnion Enlich and Signal Company
Westinghouse
Erie Bond Coupon Offer Restriction Clarified
The Erie Railroad and J P Morgan explain June 30 is the cutoff for coupons to keep prior lien status. After that date transfers or pledges lose benefit under the first consolidated mortgage indenture. The move aims to free funds for ongoing improvements while allowing bondholders to liquidate coupons if desired.
MENTIONED IN THIS ARTICLE
Erie
J. P. Morgan & Co
Erie Railroad Company
July Cotton Advances Briskly In Market Surge
In a brisk market day the July cotton option rose from 10.33 to 10.75 cents amid short covering and rumors of a pull deal led by Frank Hayne. August and September options also gained with July closing at 10.62, August 10.35, and September 9.99 cents. Milwaukee fines test eight hour law as railroad overtimes face appeal.
MENTIONED IN THIS ARTICLE
Frank Hayne
New Orleans
Hayne
Milwaukee
Chicago, Milwaukee & St. Paul Railroad Company
State Supreme Court
United States
Receipts and prices for cattle calves and hogs at New York market
Reports show heavy beef and veal trade with 2,064 head and 4,422 calves. Prices vary by grade and weight across Maryland Pennsylvania Ohio Kentucky and New Jersey outlets. Sheep and lambs weak with limited demand while hogs remain steady with New York state lots around 6 per 100 pounds.
MENTIONED IN THIS ARTICLE
New York
Jersey City
60Th Street
London
Liverpool
Swift Beef Company
Morris Beef Company
McPherson & (O
Maryland
Pennsylvania
Ohio
Kentucky
S. Judd & Co
Bull
Sanders
J. G. Curtis & Son
John Darey
Jelliffe, Wright & Co
J. P. Nelson
Ae Mullen
J G. Curtis & Son
A. McCabe
Louis Heilbrunn
H. H. Hollis
S. Judd &O
George & L. S. Dillenback
Jeliffe. Wright &Co
JI. G. Curtis & Son
W. R Hume
J. Y. Nelson
Andrew Mullen
B. W. Otis & Co
S. Juda & Co
Tobin & Shannon
Virginia
S. Sanders
McPherson & Co
Ile
Mission
Kerns Commission
Stiz
Frederick I. Kratz
Virginia Lambe
Kentucky Lambs
Virginia Do
Seakings
McPherson &O
Virginia Lambs
Sy Newton
Virginia Lands
New York State
Bules
N. Sanders
Surrogates Notices for Matilda A Elder Estate
Pursuant to an order by Hon. Abner C. Thomas Surrogate of New York County notices are issued to all creditors of Matilda A Elder late of New York County deceased to present claims with vouchers to Duer Strong and Whitehead at No 80 Wall Street Manhattan by August 12. Executrices Annie E Munn and Adaline M E Peters appoint attorneys Duer Strong Whitehead at No 80 Wall Street for the notice and filing of claims.
MENTIONED IN THIS ARTICLE
Abner C. Thomas
County of
New York
Matilda
Duer, Strong & Whitehead
Wall Street
Borough of
Manhattan
City of
Annie E. Munn
Adaline M. E. Peters
Strong & Whitehead
Borough of Manhattan
New York City
Mahon
William
State of
Mary McMahon
Margaret Whitman
George Harrington
Julia Mclivers
Arthur England
Robert Hingland
George England
Margaret Bennett
Blanche McMahon
Dorothy McMahon
Marie McMahon
Hubert Howard
Charles McMahon
Charles England
Charlotte F. Samys
Mary Elien Cummings
William J. McMahon
Matel E. Bloodgood
John Orrow
Grover Williams
Mary Crawford
Edward Williams
Samuel Williams
John Mulligan
Seligman Manheimer
Sait
Herm Abner
Thomas
Georgianna Lee Warren
Mary Warren
John Warren
Warren
Fannie
Matilda Muzzy
Harriet Stevens
Nellie Crosby Leffel
Omas D. Hine
Bertha Moulthrop Fleck
Homer Hine
Emma Somers
Elizabeth Sanford
Henry Moulthrop
Bradley Susan Moulthrop
Leslie Moulthrop
Ellen Braga
Mary Wilson
Sarah Augur
Emily Augur
Mary BR
Gilbert
Maria Barnes
Ellen Phelps
Clara M. Tuttle
Howard Ives
Myra L. Matthews
Bridget Cross
Emily May Hine
Eliza C. Wilkins
Lilly Warren
Elizabeth Tutson
Margaretta W. Crosby
Thomas D Croffut
Charles T. Croffut
Frederick W. Croffut
Lewis R. Croffut
New Haven City Burial Ground
Brooklyn Trust Company
Caroline Louise Frederick M. Drew
John W. Drew
Charles W. Drew
Morris, Jr
Charlee W Morris, Jr
Edward E. Morris
Charles W. Hine
Margaretta B. Warren
City of New York
Hall of Records
Tern Oeluck
Nathan H. Tuttle
County
A C. Thomas
Daniel J. Dowdney
Edw
W. Davidson
Davidson Ridg
Lawton Street
New Rochelle
Reorganization Extended Deposit Date for Southern Steel
The Plan of Reorganization dated May 15 1908 extends the deposit deadline to July 1 1908 for all security holders and creditors to participate in the reorganization. Creditors must file prove and have allowed claims prior to deposit under the plan with the committee’s terms to apply thereafter. New York June 15 1908. Committee members and counsel listed.
MENTIONED IN THIS ARTICLE
New York
Advertising and Subscriptions at The Tribune Uptown Office
Advertisements and subscriptions for The Tribune are received at Uptown Office No 1364 Broadway between 36th and 37th streets until 9 oclock p m Ad vertisements are also received at branch offices at regular office hours viz avenues and corners 234 st 153 th ave cor 12th st 82nd et 287 West 624 et between 7th and 8th avenues
MENTIONED IN THIS ARTICLE
Tribune
Broadway
Denver and Rio Grande stockholders meet on consolidation plan
Notice to stockholders of a special meeting at Room S21 Equitable Denver Colorado on Thursday in July 1908 to vote on consolidating The Denver and Rio Grande Railroad Company with The Rio Grande Western Railway Company. Meeting will consider the merger terms, any substituted proposals, and actions needed. Stock transfer books close June 22 1908 and reopen after adjournment not before July 24 1908.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railway Co
Jladelphia
E. H. Alden
Denver and Rio Grande Railroad Company
Equitable
Denver
Colorado
Rio Grande Western Railway Company
New Consolidated Corporation
Courany
Stekhaldere
Board of Erectors
Denver Anrio Grande Railroad Company
E. T Jeffery
Stephen Little
Crough
Bronx
Tressury
Washington, D. c
United States
New York
Ot Ss
Treasury
Geo. B. Corteltou
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Federal
B. & O. Securities
Bufraln
Rochester
Pittsburg
Tae
Tang
Eet Weytone
Sia Ae
Lis Lee
Wapask Rad Tore Ey
Ber
Raso Inttanapolis
Louisville
International
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Jane
Iqhnetown
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Inc
CNITE
Lowe
San Francisco
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Ricars
Federal Supreme Court
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Fundicion
Sonora
Nicholas Copper Company
Laurel Hill
Long Island
Theodore Douglas
von Schaick & Co
United Railway
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Light & P
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Vane Te
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Stewart & Lockwood
Exchange Place
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Cobalt Lake
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Foster
Kerr Lake
McKinle
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Clinton Gilbert
Corte
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Jaina National Market
Bronx Borough Park
Metropolis
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Huteh
Om I Natan
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I Pathes Sas
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NYNEA
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New Netherland
Columbia and Northern
Eest
Fifth Avenue
Gallatin
Arman
Ioreen
Ashington
Terasidle
LAW
Rutgers
Arizona
Consolidated
Shorts
Te Company
Charles W. Morse
Onal Glass Company
National Glass Company
Union Trust
Union Trust Company
Natiante Company
Westinghouse Concern
Southern Steel Company
James T. Woodward
Otto T. Bannard
Robert B. van Cortlandt
Walter T. Rosen
Franklin Q. Brown
W. P. G. Harding
Cornelius Vanderbilt
D. G. Boissevain
Pine Street
Hornblower, Miller & Potter
Counse
United Fruit Company
State Street
Boston
Mass
Charles A. Hubbard
Office Homestake Mining CO
Mills
Broad Street
Lounsbery & CO
Merchants Exchange National Bank of
Newee
E. V. Gambier
American Telephone and Telegraph Company
WM. R. Driver
Suburb
Berlitz School OF Languages
Madison Square
Harlem
Lenox Ave
127Th
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Bummer
Asbury Park
N_ J
RYE Seminary
J. Life
Misses Stowe
Rye
Starkey Seminary
Seneca Lake
Watkins
M. Summerbell
Lakemont
N. Y
Taconic School For Girls
Berkshire Hills
Lilian Dixon
Wellesley
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Bertha Bailey
Lakeville
Conn
American and Foreign Teachers’ Agency
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Union Square
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Cook & Son
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Army
EALED
U. 3
Eltis Island
N. Y E
Robert Watchorn