New York Central plans electric trunk line Buffalo Erie
Plans allege New York Central aims to extend influence over western traction roads by building a Buffalo to Erie electric trunk line. The project would feed local traffic, shift Lake Shore traffic to through routes, and involve Vanderbilt interests. Key figures include Joseph Yer, L. B. Grant, and J. Dodge as Buffalo & Lake Erie Traction officials.
MENTIONED IN THIS ARTICLE
New York Central Railroad
Buffalo
Erie
The
Central
Vanderbilt
Lake Shore
Buffalo & Lake Erie Traction Company
New York Central
Buffalo & Lake Erie
Westfield
Dunkirk
Hamburg
Mayer-Sheehan Syndicate
Buffalo and Lackawanna
Buffalo & Erie
Mohawk Valley
Andrews Syndicate
Les
Joseph Yer
L. B. Grant
J. Dodge
Mayer
Lackawanna
Buffalo & Erie Traction
Buffalo & Lake Erie Tr
Pennsylvania
Albany
Gold Exports Continue Amid Paris Shipment Plans
The La Lorraine steamship continues gold exports with 2 50 000 destined for Paris. Lazard Freres and Goldman Sachs are involved as partners, pushing total forward to Paris to 15 900 000 since the current movement began. Bank officials say exports will persist if call money remains steady, while local banks report no withdrawal of interests on gold shipments and note French demand remains unmet.
MENTIONED IN THIS ARTICLE
Gay
la Lorraine
Paris
Lazard Freres
Goldman, Sachs & Co
Europe
London
Fuel famine feared. railways rush coal stockpiles
Washington faces a possible West and Northwest coal shortage next winter with government and railroads urging early summer purchases. Howard Elliott of Northern Pacific urged rapid coal stocking, prompting Cabinet discussion and action. Lane, Garfield, Taft, and Montana officials coordinate measures to secure depots and government coal reserves for 1907–1908. Los Angeles also plans a summer coal resupply.
MENTIONED IN THIS ARTICLE
Washington
West
Northwest
Howard Elliott
Northern Pacific Railroad
Commissioner Lane
Interstate Commerce Commission
Lane
Garfield
Taft
Roosevelt
Oyster Bay
Northern Pacific
B. T. Stanton
Railroad Commission of Montana
Montana
Los Angeles
Trial records reveal Holmes case details and witness accounts
Washington June 19 the trial of former Associate Statistician Holmes of the Agricultural Department on conspiracy charges featured Van Riper’s affidavit and testimony. Van Riper maintained no direct agreement with Holmes for information and discussed market manipulation aims while withholding some names. Bank officials testified on money moves involving Van Riper Haas and others and handwriting expert Carvalho identified writing on key exhibits as the session adjourned.
MENTIONED IN THIS ARTICLE
Washington
Holmes
Agricultural Department
van Riper
Wilson
Worthington
Price and Haas
Hyde
Europe
Census Bureau
Director North
Peckham
Beach
Haas
David N. Carvalho
New York
Judge Landis Seeks Details in Standard Oil Case
Chicago June 19 Judge Landis summoned both sides in the Standard Oil rebating trial and asked for the companys financial status and its dealings with the Chicago Alton Railroad. He indicated a verdict had placed potential fines in the millions and ordered information on stock ownership capital, earnings, dividends for 1908 1909 and 1905. The court also requested tariff schedules filed with the Interstate Commerce Commission and technical data.
MENTIONED IN THIS ARTICLE
Chicago
Landis
Standard Oil Company
Chicago & Alton Railroad
Chicago & Alton Railroad Company
Chicago & Alton Company
Interstate Commerce Commission
Boody Elected President of Brooklyn's People's Trust Co
Charles A. Boody, son of former Brooklyn mayor David A. Boody, was elected president of the People's Trust Company in Brooklyn yesterday. He has served as secretary since 1908 and joined the firm at its 1891 founding. Charles L. Schenck becomes secretary after Edward Johnson died recently.
MENTIONED IN THIS ARTICLE
Charles A. Boody
David A. Boody
Brooklyn
People’s Trust Company
Boody
Edward Johnson
Charles L. Schenck
Union Switch and Signal Declares Quarterly Dividends
Pittsburg June 19 The Union Switch and Signal Company board of directors declares a quarterly dividend of 3 percent on both preferred and common stock at today’s meeting.
MENTIONED IN THIS ARTICLE
Union Switch and Signal
Pittsburg
Union Switch and Signal Company
Jury upholds Uncle Sam Oil receiver in Kansas case
In Leavenworth Kansas on June 19 the jury found against H H Tucker Jr in the case seeking to remove the Supreme Court appointed receiver of Uncle Sam Oil Company. The company still has a receiver and Tucker serves ninety days in county jail for contempt over bankruptcy petition accusations against federal judges.
MENTIONED IN THIS ARTICLE
Leavenworth
Kan
Uncle Sam Oil Company
H. H. Tucker, Jr
State Supreme Court
Tucker
Standard Oil Company
Uncle Sam Company
Pollock, Phillips and McPherson
Notice to receive securities on deposit until June 20 1907
The undersigned for J. Henry Schrader & Co. London will receive on deposit the securities called for until 3 PM on June 20 1907. New York June 4 1907. Speyer & Co.
MENTIONED IN THIS ARTICLE
Messrs. J. Henry Schrader & Co
London
New York
Duryea Fails Insolvent Stock Exchange Partner Suspended
Frank W. Duryea, floor member of Frank W. Duryea & Co at 20 Broad Street, suspended for insolvency as the firm dissolves. A new firm Duryea Tappin & Co forms to carry on the business. Duryea’s personal liabilities reportedly around 100000, with potential assets from an inheritance.
MENTIONED IN THIS ARTICLE
Frank W. Duryea
Stock Exchange
Frank W. Duryea & Co
Duryea, Tappin & Co
Mr. Duryea
Long Island
Starch Company
Harry H. Duryea
Fred
Battershall
H. H. Duryea
Tappin
Duryea
The
Cochran, Duryea & Co
Cochran
F. W. Buryea & Co
Lindsley Tappin
New Stock Exchange
Exchange
Mr. Tappin
J. C. Tappin
Wall Street
Bureaucratic Danger in New Jersey Rail Legislation
Rutgers alumnus Leonor F Loree president of the Delaware and Hudson Railroad addressed Rutgers collegians at an alumni dinner, outlining public sentiment toward railroad laws, criticising two cent a mile measures, and warning that legislative power has shifted from representatives to bureaucratic rule, with echoes of Ireland and Russia.
MENTIONED IN THIS ARTICLE
New Brunswick
N. J
Leonor F. Loree
Rutgers
Delaware & Hudson Railroad
W. H. S. Demarest
Rutgers Collegians
Rock Island
Dennett Pleads Guilty In Bond Theft Case
Oliver M. Dennett, receiver and negotiator of bonds stolen by William O. Douglass from the Trust Company of America, pleaded guilty to a charge of receiving stolen goods before Judge Rosalsky in General Sessions. He faces sentence tomorrow, with potential ten years. The scheme involved bonds valued near half a million dollars, seized by authorities after Douglass’s arrest.
MENTIONED IN THIS ARTICLE
Oliver M. Dennett
William O. Douglass
Trust Company of America
Rosalsky
Douglass
Oakleigh Thorne
Dennett
Manhattan Club
Josiah Quincy
Boston
Robertson Honey
Quincy
Trust Company
Khnew
Forbes J. Hennessy
Train
Hennessy
Harding Parker vs Webb Prall injunction shields Mrs Parker
Justice Blanchard extended last week’s injunction stopping Mrs Susan Day Parker and Eliot Norton from entering judgment on the Parker side against Webb Prall. Arbitrator Odell awarded Parker about 212 thousand dollars plus costs, while Webb Prall won 279 thousand against Dr Charles Parker. The case centers on transfers from Parker accounts in 1903 and whether the arbitration award can be enforced before final court confirmation.
MENTIONED IN THIS ARTICLE
Justice Blanchard
Justice Truax
Susan Day Parker
Eliot Norton
Webb & Prall
Hamilton Odell
Parker
Charles Thorndike Parker
Dr. Parker
Martin W. Littleton
Webb & Pratt
Norton
Odell
Pennsylvania
Texans Visit Dull Wall Street Stock Exchange
The Texas bankers and their wives, guests of the National City Bank, toured the Stock Exchange and the roof of the National Bank of North America Building. They found the floor quiet and the market stagnant, and then enjoyed Charles Dillingham's Red Mill at the Knickerbocker Theatre with light entertainment during their trip.
MENTIONED IN THIS ARTICLE
Texas
Wall Street
Stock Exchange
National Bank of North Americas
National Bank of North America
National City Bank
Knickerbocker Theatre
Charles Dillingham
New York Central Faces Ontario & Western Option
New York Central would need about 13 to 14 million dollars to exercise an option on the Ontario & Western as part of merging plans among Boston & Maine and New Haven. The option, set at four dollars a share plus interest, expires next month amid strong doubt it will be exercised.
MENTIONED IN THIS ARTICLE
New Haven
Boston & Maine
New York, New Haven & Hartford
New York Central
Ontario & Western
Stong
Wont Oppose New Haven Merger Says Minority Leader
Tompkins C Delavan of Cummings & Co. says minority stockholders will not try to block the planned merger of Central New England Poughkeepsie Bridge lines with the New York New Haven Hartford system. He seeks to know what value his clients hold and notes no fight is planned. He invited inspection of the books after a letter to Mr Mellon.
MENTIONED IN THIS ARTICLE
Tompkins C. Delavan
Cummings & Co
No. 20
Broadstreet
Central New England-Poughkeepsie
New York, New Haven
Mr. Delavan
Reading Railway Directors Fail to Act on Dividend
Philadelphia date June 19 The Reading Railway directors adjourned without action on a dividend for common stock barely a quorum present with H C Frick and H McK Twombly absent There is no July or August meeting and any dividend action would need a special meeting Last year a dividend was declared at the May meeting The secretary noted the board only re elected current officers with George F Baer as president.
MENTIONED IN THIS ARTICLE
Philadelphia
Reading Railway
H. C. Frick
H. McK. Twombly
George F. Baer
Norfolk & Western Railway
Payabia
Arcade
E. H. Alden
Stout Elected Vice President at Manhattan Trust Co
Charles H. Stout, vice-president of Liberty National Bank, was elected vice-president of the Manhattan Trust Company yesterday. He will remain a director and member of Liberty National Bank’s executive committee. Stout previously served as cashier and later vice-president of the National Bank of the Republic before its consolidation, and became an active vice president of the First National Bank afterward.
MENTIONED IN THIS ARTICLE
C. H. Stout
Manhattan Trust CO
Charles H. Stout
Liberty National Bank
Manhattan Trust Company
National Bank of the Republic
First National Bank
Stout
Receivers Appointed for Millbourne Mills of Philadelphia
Judge Holland in the United States District Court appointed receivers for Millbourne Mills Company Philadelphia. Receivers named are A Merritt Taylor E T Shawbacker and E M Malpass, all of Philadelphia. Liabilities estimated at about 750000. Executors of the Sellers estate allege mismanagement by President Richard S Dewees and improper contracts for manufacturing about 44700 barrels of flour at 75 cents a barrel under cost.
MENTIONED IN THIS ARTICLE
Philadelphia
Holland
United States District Court
Millbourne Mills Company
A. Merritt Taylor
E. T. Shawbacker
E. M. Malpass
Richard 8. Dewees
Milwaukee grocer arrested for fraud in bankruptcy case
Milwaukee June 19 Ka BK. Smith of Smith Thorndike Brown wholesale firm, recently bankrupt, was arrested on a warrant by Oliver C. Mason real estate broker. Smith faces charges of obtaining money under false representations of firm finances. Bail set at 6000 dollars. He was listed owing about 100000 dollars in the company's asset schedule.
MENTIONED IN THIS ARTICLE
Milwaukee
Ka BK
Smith
Smith, Thorndike & Brown
Oliver C. Mason
State to Increase Bank Interest Rates for State Deposits
Albany on June 19 reports the State Treasurer said about 200 banks replied that they are satisfied with raising the state deposit interest from 2 to 24 percent after July 1. Some banks requested additional funds from the state at the higher rate.
MENTIONED IN THIS ARTICLE
Albany
Chicago wheat and grain markets rally on crop fears
Chicago June 19 wheat futures rose as reports of small yields in the Southwest and pest damage in the Northwest lifted sentiment. September wheat closed around 93 1/2 to 94 1/2 cents, corn and oats also gained, while provisions varied. Clearances and receipts showed active trade and mixed bushel movements across Minneapolis, Duluth, and Chicago.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Oklahoma
Kansas
Minneapolis
Duluth
Illnois
Ilinois
Indiana
Dividend notices and stock transfer details from 1907 notices
A compilation of 1907 financial notices including the Maryland Coal Company dividend on preferred stock payable June 1907 with record date June 13th, transfer book closures, Adams Express Company details, Des Moines & Fort Dodge Railroad dividend plan and transfer dates, and a market recap noting hog and grain receipts and prices.
MENTIONED IN THIS ARTICLE
Waterbury Company F
New Jersey
Frank Morgan
Waterbury
Westinghouse Electric and Manufacturing Company
New York
T. W. Siemon
Minneapolis & St. Louis Railroad Co
F. H. Davis
Des Moines & Fort Dodge
B & of
PF. H. Davis
Westminster Bank Official Dies by Own Hand on June Nineteenth
Westminster Md June 19 Thomas E Reese secretary treasurer of Westminster Saving Bank committed death by own action today by shooting. health was given as the cause Mr Reese having been a sufferer from neurasthenia He was forty one years old.
MENTIONED IN THIS ARTICLE
Westminster, Md
Thomas E. Reese
The
Westminster Saving Bank
Reese
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Y.y
Clinton Gilbert
America
Bay
Lincoln Eee
Manhat Co
Merchants
Bucard
Mount Morris
Chatham O
Mutual
Chemical
Nassau Incre
New Amet
Teeseeeee
Chelsea Exch
Nat Copper
Sally Colonia
Columbia
North America
Riverside
Germania
Peo
Greenwich
24Th Street
Lnton
Twelfth Ward
Wasener
Imp & Trad
Union Exch
Interborough
US Exchange
Rving Nat Exint
Waeh Heights
eTeon
West Side
Yorkville Ores
Rochester
Benin
Louisville & Nashville
Miesouri Pacific
Central Branch
Cond Ik
Une
ST. Louis Southwestern
Alabama Great Southern
Cincinnati
NEW Orleans
Texas Pacific
Aurora
Elgin
Inc
Teseenee Inc
Et Inc
Judge Landis
Uncle Sam CO
Havana
Havana Central Railroad Company
J. Henry Schroder & Co
Speyer & CO
the Crust CompAny of America
Colonial Branch
Broadway
Wall ST
the Manhattan
Pauly
Joseph Bird
Stiles
M. Bird
Frank G Consta
Fr. W. Duryea
L. F. Loree
St. Augustine
Camden
Amboy
Congress
Ireland
Russia
Horta River Savings Bank
W. Sith St. Bet
Samuel D. Styles
Frederick N. Cheshire
Charles F. Turton
Dry Dock Savings Institution
Bowery, Cor
Andrew Mills
Charles Miehling
WM. F. Patterson
Bank For Savings
City OF
Fourth Avenue
EMI
Prin
Walter Trimbee
Sherman
Owles
Stock Exchange Dull
Lone Star
Messrs. Frick and
Twombly
Millbourne Mills
Chicago Grain and Provisions
Bowling Green Trust Co
Edwin Gould
William H. Taylor
Chas. P. Armstrong
John A. Hilton
W.pres
Treas
William M. Laws
Charles P. Armstrong
Frank Brainard
Harry Bronner
Franklin Q. Brown
Robert C. Clowry
Edmund C. Converse
Nelson Cromwell Grenville M. Dodge
A. Goepel
Frank J. Gould
George J. Gould
Southerk Pacific Company
Way York
A. K. van Deveasurer
Waterbury Co
Weat
Virginia
Hocking Valley Railway CO
Columbus
Ohio
Messrs J. P. Morgan & Company
New York City
WM. N. Cott
NEW York Air Brake Company
John CC. Thompson
Every Where Publishing Company
Will Carleton
Virginia-Carolina Chemical Company
Richmond
S. W. Travers
American Telephone and Telegraph Company
WM. R. Driver
Treasure
Bank OF America
W. M. Bennet
National Biscuit Company
F. E. Bugbee
Maryland Coal C
Board of Directors
H. B. Nedham
Adams Express Company
Basil W. Rowe
Eee
Edward B. Wire
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