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This newspaper page contains 14 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 24, 1908

Page

6

Separate interests loom over Detroit Toledo and Ironton notes

A Detroit meeting disclosed dispute between Arbor interests and Detroit Toledo and Ironton notes holders. Newman Erb denied acting for Rudolph Kleybolte’s syndicate backing $5.5 million collateral trust notes. A public sale of collateral to satisfy notes was planned, with Rollins firm poised to gain control of the line through secured stock.

Gabon Eran Arbor Detroit, Toledo & Ironton Bew Peireat Arbor Railroad Company Newman Erb Rudolph Kleybolte Detroit, and & Ironton Ann Ang Erb Detroit, Toledo & Ironton Ann Arbor de Toledo & Ironton Tribune Detroit Tyne & Ironton Klevbolte & Co United States Mortgage and Trust Company Ges H. B. Holins & Co Josiah Ramsey, Jr Ace Newman Erbgui C. C. Dickinson Carnegie Trust Company Pts

Federal liability order trims surety bond limits

Washington June 23 nine executive departments issue a current order changing liability rules for fidelity and surety companies on United States bonds. The regulation raises liability to a percentage of capital and surplus on certain bonds, easing the prior ten percent cap. The move, amid heavier bond volumes and rail and warehousing bond use, affects transportation and tax warehouse bonds under federal supervision.

Washington Fidelity and Surety United States

Knapp and Co Bankruptcy Schedules Filed at Court

Liabilities listed at 1 611 184 68 and assets at 1 053 733 88 for the broker firm Coster Knapp Co of Broadway. Schedules show real estate 16 000, cash on hand by John M Knapp 2 250 58, bills and securities 1 005 64, stocks and steady hands 710 500, unsecured claims 1 447 040, total unsecured claims against John M Giepp 5 425 82, filed by John M Searp with his own liability included.

Coster, Knapp & Co Broadway United States District Court John M. Knapp JM. Knapp Fem John M Pp John M. Giepp John M. Searp Labili

EINA CUTS ITS CAPITAL ONE HALF

The brief stockholders meeting of the Indiana Indemnity Company cuts capital from 500000 to 200000 and transfers the reduction to surplus. The move removes Heinze influence and assets as a New York syndicate seeks replacement stocks and bonds at likely low values.

EINA Tribune Bartford Conn Tna Indemly Company Heinze Ineerence Commissioners of Colorado Pnes

Union talks fail as June scale expires at Republic plants

Telegraph report notes Amalgamated Assoc Iron and Steel Workers and Vulcan fail to reach a new contract with Republic Iron and Steel Company in Youngstown and surrounding areas. June 2 marks expiry of the Bien Scale, with Mild dispute over wage cuts and foothold in mills. Stockholders of Havana Central Rail vote to issue 2.5 million dollars in bonds to fund equipment purchases and debt reduction, with bonds likely sold to London banks.

Iby the Tribune Amalgamated Associat Iron and Steel Workers of America O F Vulcan Republic Iron and Steel Company Stier Youngstown Ohio Republic Appis Havana London Benk- Stecarse

Westinghouse Hopeful on Merchandize Creditors Plan

The Westinghouse readjustment committee led by James N. Jarvie reports strong gains in subscriptions to the $10,000,000 new assenting stock for the merchandise creditors rehabilitation plan. Members said increases over prior figures, with the employees’ committee alone reporting about $600,000 subscribed. A meeting today will decide if the plan is operative, and rumors of a syndicate to cover unsubscribed stock circulated without confirmation.

Westinghouse Electric and Manufacturing Company James N. Jarvie Charles Francis Adams George T. Quiver George W. Guthrie Pittsburg Joseph W. Marsh William McConway Security Investment Company C. B. Humphries Adrian H. Larkin Saaid Manhattan Railway Company New York

Cotton Breaks Badly In Market Selloff

The cotton market fell sharply as W R Craig of Craig and Jenks, a leading pool member, was reported ill and hospitalized with appendicitis. July dropped to 9.63 cents, August to 9. ... Large spot houses bought near day’s bottom, sparking a rally to 9.93 for July and 9.84 for August, while some firms blamed quotation discrepancies between July August and new crop positions for the decline. Friday was noted as tendering day.

W. R. Craig Craig & Jenks Craig

Brooklyn Bank Opens With Deposits Surpassing Withdrawals

The reorganized Brooklyn Bank welcomed many new deposits at noon yesterday, with Ludwig Nissen and Charles M. Higgins among depositors. Flowers arrived for the bank and congratulatory telegrams poured in as officers and directors celebrated a gala reopening.

Brooklyn Bank Ludwig Nissen Charles M. Higgins

Bank Resumption Plan Gains Depositor Backing

Eighty five percent of Mechanics and Traders Bank depositors approved the plan to resume business. Trustees expect full nine percent needed within days, and Equitable Trust will lend Merchants and Traders Bank one million dollars. Paul Grout says a fourteen thousand bonus is the lowest such commission he knows, citing other large trust company bonuses for similar loans.

Mechanics and Traders’ Bank Equitable Trust Company Paul Grout Williamsburg Trust Company Metropolitan Trust Company Oriental Bank

Large Decrease in Immigration Reported for May 1908

Washington reports from the Secretary of Commerce and Labor show May 1908 immigration to the United States from all countries totaling 36,317, a 7 percent drop from May 1907 and an 8 percent fall from May 1907. Six months ending May 21 198 show 227,283 arrivals, with declines from 1905 and 1907 figures. Net immigration for eight months ending February 29 1908 stands at 262,751. Secretary Straus says supply and demand govern movement and expects year end totals to show departures nearly equal to admissions.

Washington Secretary of Commerce and Labor United States Straus

Canadian resorts described by railway booklets

A series of summer booklets issued by the Canadian Pacific Railway lists titles such as Fishing and Shooting, Sports Man’s Map, Westward to the Far East, Around the World, Montreal and Quebec, St. Andrews-by-the-Sea, The Challenge of the Mountains, Western Canada, Muskoka Lakes, British Columbia, Hay Fever and Hotels and Boarding Houses. The guides promote Canada and the Canadian Rockies including Banff and Glacier as authentic vacation country with the greatest scenery in the world.

Canadian Pacific Railway Broadway Far East Montreal Quebec St. Andrews-by-the-Sea Canada Muskoka Lakes British Columbia Canadian Rockies Banff Glacier

Toledo Ice and Coal Co Pleads Guilty in Rebates Case

In U S Court today the Toledo Ice and Coal Company pleaded guilty to three counts charging it with receiving rebates from the Ann Arbor Railroad Company. Judge Taylor fined $1200 on each count. 152 counts were dismissed. Indictments under the Hepburn law.

Toda Toledo Ice and Coal Company Ann Arbor Taylor

Building Trades Show Revival In City

Several unions in the building trades report revived business with expectations of further improvement before fall. Bricklayers are at work on the tunnel project in West agg street, with hundreds more to be hired soon. Sheet metal workers note higher demand, and other trades echo improved hiring. Clothing trades also report pickup in the West.

Pennsylvania Company Chestnut Street Philadelphia Philadelphia, Wilmington &Baltimore Railroad Stock Trust C. S. W. Packard Philadelphia, Wilmington & Baltimore Railroad Stock Trust Building Trades Westagg Street State of New York County of New York Isa Adams Brown Curtis 1 Beard New Netherland Bank of New York City of New York 34Th Street J. Adams Brown Curtis J. Beard T. van Loan T . Notary YORK Nassau Bank

Rates Cut in Excess Baggage on Southern Pacific

San Francisco reports official announcement that excess baggage rates on Southern Pacific lines will be reduced by half starting July 1. The current charge stands at one cent per mile for every hundred pounds of excess weight.

American Woolen Company Merchants Exchange National Bank City of New York E. V. Gambier Board of Directors San Francisco Southern Pacific

Also Mentioned on This Page

Go Sars Newman Toledo & Ironton Ster. Knapp & CO Statement Heinz Securities Algoma Steel Mills Sault Ste. Marie Francis E Clergue An- Cemegie Algoma Steel Mill Lake Superior United States Steel Clergue Lake Superior Corporation Mrelzer & CO Gietore & Co Republic Steel CO Avana Westinghouse Hopeful Mechanics and Traders Toledo Metropolitan Elevated Railway Co Redmond Pine Street Guaranty Trust Company of William H. Dwelly, Jr Boston Mass Seaboard National Bank OF the City OF C. Co. Thompson Louisville & Nashville Railroad Co Louisville & Nashville Railroad Company E. N. Smithers Minneapolis & ST. Louis, Railroad F. H. Davis Detroit & Mackinac Railway CO Wall St New York City Henry K. McHarg Wall Street C. RB. Colebrook the Mechanics’ National Bank Frank C. Roe Des Moines & Fort Dodge Railroad Co Boa of Directors Fr. H. Davis General Chemical Company Broad Street James L. Morgan Fourth National Bank Charles H. Patterson Bank OF America New York W. M. Bennet Navy Department Truman H. Newberry Bureau of Supplies and Accounts D. C Navy Yard N. Y Navy Pay Office Bureau E. B. Rogers Ss. P Irving Sétrenss Chambers St W. H. B. Totten George B. Dunning H.e.tener,jr Bank For Savings City OF Fourth Avenue Board of Trustees Walter Trimble Charles A. Sherman James Knowles NEW York Savings Bank N. W. Cor 14Th St. and &Th Avenue Alx William Fellinger Archibald M. Pentz Greenwich 6Th Ave 16Th St ITM James Quinlan Eae Se Park Place RB. F. Hutchinson L. A. Stuart Union Square Savings Bank Institution For the Savings of Merchants’ Clerks No. 20 Union Square Frank M. Hurlbut WM. H. Rockwood EEKS Mlen Roosevelt Wnday Dime Savings Institution Yadway ST. and Sixth Avenue Reeley Square U RR Charles E. Sprague Francis M. Leake William G. Ross Ahe City OF NEW_ YORK Cor Ith Ave 14Th Street Casimir Tag G. F. Amthor Washington Trust Company Resources Unds Tock Vizae Securities Eancecesansee Cornote David M. Morrison H. F. Price M. &. Lott Kings County New York County United States Trust Company OF New York Gulthhaldele State of Edward W. Sheldon Henry Eahern United States Trust Company Henry E. Ahern Philip L. Watkins Notary Public Kings Co NEW Netherland Bank OF Hyresoif Maorteages County of New York John Munro Edward Earl Beekman Street Alling Charles H. Beckett Ferdinand Bartels Greenare Street Borough of Manhattan E. Beardsley Nassau Street Eee Berlitz School OF Languages Madison Square Harlem Lenoi Ave 127Th St Brooklyn Court St Asbury Park N_ J Phila Yale Prin Concordville Box East Greenwich Academy East Greenwich R. I Charles Alford Stenhouse M. A Rye Seminary J. Life Stowe Rye Park Row American and Foreign Teachers’ Agency Mre M J. Young-Fulton Mademoiselle Amyot Madison Yodey Frederick Mary Schell East 49Th Street Frederick Woodey Frederick Wetley Newark Henry Ringhof, Jr Frederick Wooley L.S Abner Thomas Daniel J. Dowdney Surrogates’ Court Julius Danziger Siegfried Danziger Casper Danziger Arnold Danziger Adolph Danziger Bernhard Danziger Ernst Moritz Schneider George Schneider Hugo Schneider Alfred Schneider Greta Gottschalk Edith Susskind Gerhard Danziger Lilli Elisabeth Danziger Eva Danziger Agnes Danziger Kurt Danziger Ella Danziger Gertrude Danziger Mount Sinai Hospital Montefiore Hebrew Orphan Asylum Hebrew Technical Institute Educational Alliance City of Ane York Hebrew Sheltering Guardian Society Congregation Bnai Jeshurun Congregation Beth Israel Biky Chaim Seaman Danziger Badt Malwine Schneider Johanna Frankel Chilie Cohn Moss Moritz) Danziger Salli Danziger Greta Munter Johannes Jakob Danziger Hugo Danziger Selma Lubiinsky Aruro Danziger Alfred Danziger Lydia Becker Elsa Danziger Gunther Schneider Mariv Schneider Mary Gottschalk Magot Susskind Hannan Rosenthal David Rosenthal Moses Rosenthal Frances Davis Rose Samuels Max Danziger Virginia Danziger William Hyams Abner C Thomas Gross & Sneiudaira Borough of Manhattan Francis Asbury Palmer Cecelia Palmer Sylvester D. Husted David E. Miles James R. Palmer William B. Anderton Elizabeth P. Anderton Woodlawn Cemetery Association Palmer Christian College Union Christian College Trustees of Hamilton College Congregational Sunday School and Publishing Society Westchester County Elon College Chapin Home Presbyterian Hospital Presbyterian Church of Hall of Records Charlies J. Day William Abbott Andichard B Kelly New West Abner L C. Thomas Dantel JI Dowdnbey, Ciera The Ballston Frederick H. Beach Eastern New York Railroad Company Philadelphia Banking House Andes Belcher Best Belcher Bullion Caledonia Chollar Cal & Va Imperial Crown Point Gould & Curry Hale & Norcross Kentucky Occidental Niagara Falls Atlantic City Thousand Islands Montreal and Lakes Bermuda Europe THOS Cook & Son Madison Ave Fifth Ave Board Entraly Lake Hopatcong Mauch Chunk Glen White Mountains Montreal and Lakes Nova Scotia Old South Country Saguenay River Provinces Gt Lakes Yellowstone Park T. H. Hendrickson Fulton St N. YY Uebec Tercen Prince of Wales Starin Long Island Sound Hudson River Richmond Cortlandt ST Piers N.Y Cortlandt West Point Newburgh Poughkeepsie Palace Desbrosses Ves Fraklin St N. R Highland A Long Branch
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