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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 18, 1908

Page

5

Indictment in National Bank case names Morse and Curtis

A grand jury returned a forty one count indictment charging Charles W. Gopietme and Alfred H. Curtis, officers of the National Bank of North America, with misapplication and falsification of bank assets in 1906 and related years. The charges allege false entries, improper stock acquisitions, and unauthorized withdrawals totaling substantial sums. Morse and Curtis pleaded not guilty. trial set for October term, with negotiations over assets and a proposed sale of receivables at a discount.

Charles W. Gopietme Alfred H. Curtis National Bank of North America Sts Rsgné Poe Morse Conecon American Tce Consolidated Steamver Gp Curtis Bank of North America American Ice Securities Consolidated Steamship Lines Lom Er Trust Company Mercantile Na- Berk New Amsterdam National Morse and Rock American Ice Securities Company Geo Messrs United States Circuit Court Morst Washington

Brady Co Assigns C To John F Butler For Benefit Of Editors

The Thomas J Brady Company a building and contracting firm assigns metas to John F Butler for editors benefit. Brady president of the Oman as head of the Buildings Department was removed after an investigation but later became Commissioner and then chairman of the committee to reform Building Code. He resigned amid building business liabilities may total about with assets if realized on. He blamed Bronx courthouse work halted by Jie Hiafsen.

Thomas J. Brady Broadway Metas John F. Butler The Oman Weresa Strong Tammany Qin Brwenter Bread Bronx Jie Hiafsen

Transfer Tax Receipts Grow in May

Albany reports State Treasurer Hauser says May stock transfer tax receipts totaled 483767 dollars, the highest monthly figure since the last tender. The rise is linked to recent actions by the State Controller’s office to align securities transactions with tax returns and secure tax payment on all sales.

Albany Hauser State Controller's Office

Receiver Appointed for Machinery Company in Supreme Court

Judge Blanchard names Walter A. Hirsch as receiver of O. S. W. Corporation machinery and indestructible cloth business. Hearing set at offices on Wall Street. Suit by DC Mill, a judgment creditor, claims $60 due for rent of offices in the Mille Building.

Machinery Company Blanchard Supreme Court Walter A. Hirsch O. S. W. Corporation Wall Street DC Mill Rihe Mille

Sale of B and O Securities Reported By Telegraph

Baltimore June 17 Alexander Brown and Sons Miers have bought 2 072 000 of Baltimore and Ohio Mier then 32 per cent bonds 4025 00 of Baltimore and Ohio are mortgage 4 per cent bonds and 1513 00 W Baltimore and Ohio Southwestern division 312 per Dr Denes Alexander Brown asked if his house had bought te bonds on behalf of an underwriting syndicate Mie No we ve bought the bonds direct from the Milreet company but I don t mind saying that the Geranty Trust Company of New York is inter Met As fer as I know it is the only banking infl ation interested besides ourselves

Tribune Baltimore Alexander Brown & Sons Miers Baltimore & Ohio Mier Baltimore & Ohio Southwestern Division Denes Alzander Brown Mie Milreet Company Geranty Trust Company New York State OF God Mary E. English Georgianna Croffitt J. Parkman Crosby Ellen Warren Fannie Warren Mary Warren John Warren Matilda Muzzy Harriet Stevens Nellie Crosby Leffel Homer Hine Omas PD. Hine Bertha Moulthrop Fleck Emma Somers Elizabeth Sanford Henry Moulthrop Susan Moulthrop Leslie Moulthrop Bradley Croffut County of Hall of Records Nathan H. Tuttle Laat Wii Margaretta B. Warren Abner C. Thomas L. S Daniel J. Dowdney W. Davidson Davidson Ridg Lawton Strew Rochelle N. A

Coal Suit Nears End in Government Challenge

In Philadelphia on June 17 the government and seven railroads argued the Hepburn act commodity clause before Judges Dallas Gray and Buffington. John G. Johnson attacked the clause’s constitutionality while Bonaparte defended it, suggesting Congress can regulate or confiscate interstate commerce if public interests require. A Supreme Court appeal was anticipated. In St Paul on June 17 the Northern Pacific’s Thomas Cooper testified coal lands save the railway $2,770,000 yearly and are worth $50,000,000 to the company.

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 a Swedish government loan totaling 3,000,000 pounds was issued in London. The loan bears 4 percent interest until 1918 and 3 1/2 percent thereafter. The issue price is 98.

London

Lost Tayopa Mine Found in Mexican Lands

Reports from Nueva Casas Grandes say the lost Tayopa mine has been located in the Guaynapa region on lands held by Colonel William Co. Greene and his Greene Gold-Silver Company. The find is linked to a 10,069,000 bullion value and a wide federal concession to locate minerals.

Nueva Casas Grandes Chihuahua Mexico Tayopa Guaynapa William Co. Greene Greene Gold-Silver Company Antigua

Iron Trade Review Reports Steel Price Reductions Yet Sluggish Demand

The Iron Trade Review notes crude steel price cuts and higher finished product specifications but little demand, except for steel bars used by agricultural implement makers. It recalls the 1904 Presidential year’s improved iron business and hopes for a similar trend this year as a factory conference glaciers a cooperative price reduction. United States Steel reports orders above last month while ore sales at the reduced price trend continues. Pig iron prices stay well maintained despite ore price drops.

Iron Trade Review United States Steel Corporation

Dividends Passed on Big Four and Lake Erie Railroads

The Big Four and Lake Erie & Western railroads passed dividends amid earnings decline. Big Four owner preferred stock yields 1 percent, with no common semi annual payout. Lake Erie & Western also paid 1 percent on preferred. Analysts foresee gradual recovery and note bond implications for savings banks.

Vanderbilt Cleveland, Cincinnati, Chicago & St. Louis Railway Company Big Four Lake Erie & Western Railroad Company Lake Erie & Western M. E. Ingalls

Treasury reports banks surrender public deposits under new currency act

Washington June 17 The Treasury notes Chemical Bank of New York and American Exchange National Bank have surrendered their government deposits to avoid paying 1 percent interest under the new currency act. Banks are weighing whether to form currency associations as inquiries from numerous banks pour in. Treasury actuary W W McCoy says a $100000 government deposit secured by 2 percent bonds could yield a net annual profit of 70142 in a 5 percent loan market.

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

Defends the Railroads at Rut gers Alumni Dinner

L F Loree president of the Delaware and Hudson Company spoke by read text due to illness, denouncing concerted attacks on railroads. He warned of investor risk, officer losses, and broader community harm if railroad investments are unfairly weakened. Gifts announced included a $5,000 memorial fund by John O Herbert, Rutgers class of 1872.

New Brunswick N. J L. F. Loree Delaware & Hudson Company Rutgers College Demarest Loree John W. Herbert John Oliver Herbert

Stock turmoil and receiver steps hit Arizona Smelting and National Glass

An advance in Arizona Smelting shares to 18 cents is blamed on shorts unable to cover, with 20 000 shares outstanding and certificates held by a trust company. Charles W Morse linked to the firm as it remains under a receiver. Separately, Pittsburgh’s Union Trust seeks foreclosure on National Glass Company bonds noting a $600 000 default and the company’s 20 plants across five states.

Arizona National Glass Company Pittsburg Union Trust United States Union Trust Company First Mortgage Ecriver

Union Switch and Signal Plans 3 Percent Dividend Split

Pittsboro June 11 The directors of Union Switch and Signal Company 4 Westinghouse concern declare an 3 percent dividend on both preferred and common stocks at today meeting.

Pittsboro Union Switch and Signal Company Westinghouse Concern At & Mesting Ereo-Aay

Erie Railroad Coupon Restriction on Morgan Offer

The Erie Mortgage indenture restricts Morgan & Co from purchasing July 1 interest coupons after June 30. Morgan says the scheme helps the railroad fund ongoing improvements, using funds that would otherwise pay the July 1 coupons, while bondholders may still present coupons for payment.

J. P. Morgan & Co Erie Railroad Company Erie

July cotton advances briskly in market with bulls and rumors

July option rose from 10.38 to 10.75 cents amid brisk short covering and bull campaign rumors led by Frank Hayne. August and September options also climbed as July gains spill over. nearby closes at 10.62, 10.35, and 9.99 cents respectively. Milwaukee tests eight hour law as railroad telegrapher overtime fine heads to higher courts.

Frank Hayne New Orleans Hayne

New York Stockyard Report June 17 1908 Declines Mixed Prices

Receipts total 118 cars of cattle and 2255 cars of sheep and lambs with 2064 head in cattle volume including 100 cars direct to slaughterers. Prices show steady to strong on prime beeves and mild declines for common cows while dressed beef holds. Calves veal and hogs clear with steady demand and firm quotes through multiple consignors and buyers.

New York Jersey City 60Th Street London Liverpool Swift Beef Company Morris Beef Company McPherson & Co Maryland Pennsylvania Ohio Kentucky S. Judd & Co Bull S. Sanders J. G. Curtis @ Son John Ducey Jelliffe, Wright & Co de Wo. Milch J G. Curtig A. McCabe Louis Heilbrunn George & L. S. Dillenback S. Juda & Co Tobin & Shannon Virginia Salex Commission Co Kentucky Lambe Frederick I. Kratz Newton Co Virginia Lands New York State

Surrogates' Notices for Matilda A Elder Estate

Surviving executrices Annie E Munn and Adaline M E Peters, through attorneys Duer Strong Whitehead, announce claims against Matilda A Elder late of New York City. Creditors must present vouchers by August 12 next, at 50 Wall Street Manhattan. Dated January 80, 1908.

Arnur C. Thomas New York Annie E. Munn Adaline M. E. Peters DUER Strong & Whitehead Wall Street Borough of Manhattan New York City

Reorganization Extended Deposit Date for Southern Steel

The Plan and Agreement of Reorganization dated May 15 1908 extends deposits to July 1 1908 for all security holders and creditors. Creditors must file prove and allow claims in the bankruptcy before deposits under the Plan. New York June 15 1908. Reorganization Committee and counsel listed.

New York

Advertisements for Tribune Office Branch Submissions

Ad notices and descriptions from The Tribune received at Uptown Office 1364 Broadway between 36th and 38th streets until 9 pm. Advertisements received at branch offices at regular rates by 6 pm at 284 5th Ave southeast corner 234 Street, 153rd Avenue corner 12th Street, 92 Benson 12th Street 257 West 424th Street between Tenth and Sixth Avenues.

Tribune Alk Broadway 36Th Sith Sts Ave S. E Th Ave West

Special Stockholder Meeting for Denver and Rio Grande Merger

Notice to stockholders of The Denver and Rio Grande Railroad Company calls a special meeting at Room 321 Equitable Denver Colorado on Thursday mid day July 1908 at two o clock P M to vote on consolidation with The Rio Grande Western Railway Company and related terms. The meeting will consider an agreement dated June 5 1908 and any modified proposals submitted by directors. Transfer books close June 24 and reopen after adjournment on or after July 24. By order Ebt Jeffery President Stephen Little Secretary.

Denver and Rio Grande Railroad Company Equitable Denver Colorado Rio Grande Western Railway Company Utah New Consolidated Corporation THE Ebt Jeffery Stephen Little Bronx Treasury SS Washington, D. C United States New York Eee Nork Secretary OF the Treasury Geo. B. Cortelyou

Also Mentioned on This Page

Hanne National America Sors B. & O. Securities Biffaln Rochester Brasco Intmanapolis Louisville International & Great Northern Ighnetown Gloversville PNE Ings Inc Thingsack Inc A Inc .Sarge S.c Fergie Jae Venter RAND San Francisco Franchcu Belcher Oseere Federal Supreme Court Douglas Copper Company Fundicion Sonora Nicholas Copper Company Laurel Hill Long Island Theodore Douglas John N. Kirk Butte, Mont Butte and New York Copper Company Butte No. 30 Broad Street Greene- Cananea van Schaick & Co Red Duck United Railway Norf Ry & i Light & P fChas City Ry Seaboard Third Nat Bank Gs Fidelity Maryland Trust Toronto Stewart Lockwood Exchange Place Rid Buffalo Nipiesi Ae Cobalt Lake Ne Peterson Lake Coniagas Red Rock Crown Reserve Silver Leaf BRILL Clinton Gilbert Liberty America Maenhatten Hattery Park Ssh Mechanics’ Oesewery Mercantile Muteh & v6 Merchants Lle Ted Centeary Anny Mount Mutual NASA Eseese NY County Chelsea New Netherland Commerce Colonia Night & da Columbia Pacific Phenix Fifth Avenue Am Oak Plaza Treduce Exch Nates Tiverside Gallatin Gartel Ae A - Terelfth Ward Germen Ae jUnier Seferson Toray Tile LAW Rutgers Milwaukee Chicago, Milwaukee & St. Paul Railroad Company State Supreme Court J. P. Nelson Andrew Mullen al Pt Fo. H. H. Hollis Ofi Jelliffe, Wright &O J. G. Curtis & Son W. R. Hume Nelson B. W. Otis & Co 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 PD. G. Boissevain Pins Street Hornblower Miller & Potter Counse United Fruit Company State Street Boston Mass Charles A. Hubbard Norfolk & Western Railway Co Yable Arcade Building Ywetece Mae vawusuiTw E. H. Alden Merchants Exchange National Bank of the City of New York Echemue E. V. Gambier Cashier American Telephone and Telegraph Company WM. R. Driver Manhattan Berlitz School OF Languages Madison Square Harlem Lenox Ave Brooklyn Bummer Asbury Park RYE Seminary Mrs. & J. Life Misses Stowe Rye, New York Starkey Seminary Seneca Lake Watkins M. Summerbell Lakemont N. Y Taconic School Berkshire Hills Lilian Dixon Wellesley Bryn Mawr Bertha Bailey Lakeville Conn Frances Gilman Lake St White Plains American and Foreign Teachers’ Agency Mra M J Young-Fulton County Surrogates’ Court WETHBERHORN_ & LINK Denver, Colorado Yellowstone Ing Raymond & Whit Alaska Rockies Europe New York, New England Canada Raymond & Whitcomb Co Fifth Ave Bet Hendrickson Fulton St Brooklyn, N West Point Newburgh Penghheagee Niagara Falls Atlantic City Thousand Islands Montreal and Lakes Pdis Ave New Starin RED Bank Line Franklin P. M Trolleymona Park Quartermaster General U. S. Army War Department C. S. Army D. C U. S. Capitol Building U. S. Senate Washington, D Elliott Woods Capitol Building District of Columbia Henry B. F. Macfarland Henry L. West Jay J. Morrow Dept. Jefferson Ville Ind Q. M Manila P. TL George Ruhlen U. & Army LA. 3 Bltis Island N. Y EH Robert Watchorn Commission
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