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This newspaper page contains 24 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, 1910

Page

5

Crocker estate suit on bonds foreclosed by railroad

After days of hearings on the Crocker estate of Francisco and Thomas Hubbard versus the Galveston Harris and San Antonio Railway a Southern Property the case concerns foreclosure on the second mortgage bonds for alleged misstatement of interest Federal Judge Sustained the defense demurrer to amended bill of complaint and gave until August to amend The action seeks about five thousand dollars in bonds and interest on the old issue with the Pac if ic Railway in the San Antonio El Paso division of the court

Tribune Texas Gemari Crocker Francisco Thomas Hubbard York Galveston, Harris& San Antonio Railway Southern Rio Amends Pacifc San Antonio el Paso Adout

Denials Delay Goldfield Stock Trading Engraving Issue

Goldfield Consolidated faces delay in trading as engraving problems with certificates from a Chicago firm trigger a requirement by the stock exchange. Officials cite the need for engraved interchange certificates and registry handling across western offices before official issuance and listing can proceed.

Goldfield Consolidated & Authored Western Bank Note Betraying Co Chicago New York Committee On Goldfield Consolidated Stock Exchange

Vail Talks of Early Talks on Cable Letters Merger

Vail says it is too early to discuss cable letters but reports a possible merger plan among Western Union American Tel and Telegraph and United States Cable Companies. He returns from Europe noting progress toward closer relations and reduced rates. Several innovations are under study, but details remain undecided.

Vail Amer Telephone and Telegraph Company Europe Gonrins Western Union Telegraph Company New Controls Themerican Telegraph Company United States Cable Company Adri London Mr. Vail Anglo-Amerpany Enghe Paris Vall J.piemont Morgen

Indictment Overturned in Beef Trust Case

Judge Landis in Chicago nullified the Sherman act indictment against Nations Packing Co and its subsidiaries for a restraint of trade. A new special grand jury venire of seven was ordered for July 14 to seek indictments. The court ruled the federal complaint failed to show interstate commerce within the three year period.

Chicago Landis States District Court Seef Trust Osd Nations Packing Company Fies Jarge Landis Gemonstra Grand Jury Feffence

Ind June 22 sale of railroad line to Geyt men rep

Auction report notes 80 BUYS Co. and L RAILROAD on June 22 with a bid of five. The Chicago Cincinnati and Louis rail line sold to a party represented by Geyt men rep. One bid received at seven and one. In acquiring property the Chesapeake and Ohio gains access to Chicago over the railroad and bases a claim of reece to Chicago.

Ind Chicago, Cincinnati Louis- Ruway Gey T Men Chesapeake & Ohio Reece Chicago

Road Passes Dividend on Preferred Stock by M&SL Railroad

The Minneapolis & St. Louis Railroad Directors voted to pass the semi annual 2 percent dividend on preferred stock due July 1, citing poor net earnings from switchmen strikes severe winter and coal mine shutdowns. The statement says gross earnings were near record highs but net results disappointing and that suspension may be temporary. Outstanding capital includes 4 million in preferred and 2 million in common stock with no common dividends since 1904.

Minneapolis & St. Louis Railroad Company Illinois Indiana Minneapolis & St. Louis

Arrest of Evansville Banker Tied to $272000 Loss

Evansville Indiana June 23 Captain S P Gillen former president of Citizens National Bank which suspended for two weeks in January 1910 for insecure loans was arrested today on a federal indictment charging violation of banking laws He posted a $19900 bond Gillen aged seventy a Civil War Naval Academy graduate retired from the navy forty years ago to become a banker The bank losses totaled 272000 and the bank was later reorganized.

Evansville Ind S. P. Gillen Citizens’ National Bank Gillett United States Naval Academy Navy

Yerkes Petitions Filed In Chicago Railways Case

In Chicago on June 22 the Yerkes estate filed two probate petitions to aid the reorganization of the Chicago Railways Company into taking over the Consolidated Traction Company. The executor seeks permission to compound the estate claim of 3 609 528 dollars and to withdraw consolidated traction bonds deposited with the Wallace Reorganization Committee under the May 20 1908 agreement. Most bonds and stocks are held by creditors as collateral for loans made to Charles T. Yerkes.

Chicago Chicago Railways Company Consolidated Traction Company Yerkes Estate Railways Company Consolidated Traction Wallace Reorganization Committee Louis S. Owsley Yerkes Charles T. Yerkes

Engine Promoter Arrested In Fraud Case In Boston

Boston June 23 John E Carroll promoter of a carbonic gas engine was arrested by federal officials charged with using the mails in a fraudulent scheme He allegedly negotiated sale of 75000 dollars worth of stock in the company developing his engine to H F Pillsbury of Barton Vermont.

Boston John E. Carroll Carroll H. F. Pillsbury Barton, Vt

Confer On Brooklyn Loop After PSC Rejection

Winter and Calderwood of Brooklyn Rapid Transit met with Public Service Commission members after the agency declined a temporary lease. BRT offered to pay 1 percent on 4 million dollars for year one to operate elevated trains from Williamsburg Bridge to Chambers Street. The PSC said the loop portion would cost about 7.5 million and justified interest on the full 10 million dollar loop cost.

Public Service Commission Brookln Rapid Transit Company Brooklyn Loop Winter Calderwood Williamsburg Bridge Chambers Street

Milk violations decline under 1909 enforcement push

Attorney General have tightened milk standards across the state since January 1 1909. Violations in milk sales show a decrease in recent months, though milk crimes once dominated agricultural prosecutions. New York daily milk intake has nearly doubled from 1 56 million to 3 01 million gallons in ten years.

Gutes Attorney General's Office New York Albany O'Malley

Claflin Announces Big Deal In United Dry Tie Up

A report suggests John Claflin of United Drygoods aims to gain control through stock acquisitions in Lord and Taylor and related subsidiaries. The scope and timing were not disclosed, but insiders say the holdings could place him near virtual control.

John Claffin Lord & Taylor Claflin United Dry United Drygoods Company

Commuters Gain a Point as ICC Requests Delay in Tariffs

The Interstate Commerce Commission asked railroads serving New Jersey to postpone the August 1 effective date of commutation rate tariffs from New York City after delegations from New Jersey pressed for suspension. Attorney General Wilson and officials urged delay while the commission considers the reasonableness of the proposed advances amid jurisdiction questions. A telegram to rail presidents requested postponement, with a July conference planned to decide further action on rates already filed or to be filed.

Washington Interstate Commerce Commission New York City Wilson New Jersey Briggs P. F. Backus Attorney General's Office Alfred N. Barker New Jersey Railroad Commission Pennsylvania Erie Philadelphia & Reading Delaware, Lackawanna & Western Central of New Jersey Lehigh Valley West Shore Railroad Knapp

Commuters Form Westchester Linked League To Fight Fares

The Westchester Commuters League formed after talks with Public Service Commission officials. James M. Reid was named president, John P. Faure treasurer, and J. Prescott Gage secretary, as commuters from Mount Vernon Ossining Yonkers and others pursue rate delay under new interstate law amendments.

Board of Trade and Commuters” League of Washington New Brunswick Westchester New Haven Commission Congress Burns D. Caldwell The Lackawanna Erie Pennsylvania Robert W. de Forest Central Railroad of New Jersey Old Jersey Jersey Central Stevens Public Service Commission 2D District Rooms of the Bar Association West 44Th Street Westchester Commuters’ League James M. Reid Mount Vernon

First 1910 Cotton Bale Sold At Auction

Weighing 416 houster pounds the first bale of the 1919 cotton crop was sold at auction for 70 dollars in Texas on June 23. The bale was rated good middling and marks an early sale in the harvest.

Texas

Hurd State G. A. R. Elects Leaders at Syracuse

De Witt C. Hurd of Utica was elected commander of the Department of New York G A R with 49 votes. 277 ballots went to Robert C. Bush of Elmira. New officers include Simon W. Ruamell and others on the council, Stewart L. Woodford as delegate-at-large, and Samuel C. Pierce as senior vice-commander. Resolutions addressed Lee statue and rail rate issues. Women’s relief and daughters of veterans groups named new presidents.

Syracuse de Witt C. Hurd Utica Anzel J. Smith Samuel C. Pierce Rochester H. E. Turner Lowville R E. Burton H. M. Crydenwise Binghamton Burton Corporal Tanner Lee Capitol Washington Atlantic City State Department State Women's Relief Corps Regina Demarest New York Grand Army of the Republic Mabel Luckey Troy Emma Volk Buffalo Daughters of Veterans

Substitutes for rubber in industry discussed

Herbert Wright, editor of The Indiarubber Trades Journal, argues substitutes can replace rubber in many products. He notes tires and floors contain only small rubber shares, with leather, springs, papier maché, and cellulose pulp as alternatives. He cites dry coil cables and insulated wires moving toward papery materials to reduce rubber use.

Herbert Wright Indiarubber Trades’ Journal London Ceylon Mr. Wright

Cuban American Sugar Company Balance Sheet May 1 1910

The Cuban American Sugar Company shows assets totaling 26 771 346 with property and plant 15 463 170 and raw sugar on hand 2 347 114. Liabilities include common stock 6 496 100 and collateral trust bonds 7 472 000, with a large surplus of 3 084 594 and various debts.

A Eee Treasury Post & Clark Colonial Sugars Company

Livestock Market Report From New York June 23 1910

Receipts high with little trading across bovine and sheep markets. Beef, calves, and hogs show slow demand and weak prices. lambs and yearlings bring mixed gains while dressed meat items hold modest levels. Major buyers include Tobin Shannon Sanders and Kerns Commission Company amid thin trade and carryovers.

New York S. Sanders Tobin & Shannon Virginia Ohio Kerns Commission Company Wy. R. Hump G. Curtis & Son

Cattle and Hogs Prices Across Markets June 23

Across Chicago East Buffalo Kansas City and Cincinnati cattle receipts range from 400 to 8 000 with steady to weak demand. Hogs show lower bids with heavy and mixed sold between 9 30 and 9 40. Sheep and lambs move slowly with mixed prices and some declines on the day. Local Louisville market reports overall draggy with steady to lower tendencies and lamb values near 7 50 to 7 85 for strong lots.

Chicago East Buffalo Kansas City ST . Western Cincinnati Telegraph the Tribune Louisville

Chicago grain and provisions market reports June price swings

Fresh alarm spread through wheat traders as rains failed to arrive across spring crop states. Prices closed firmer with wheat up 1% to 1.5 cents, corn and oats mixed, provisions higher. Northwest reports and Nebraska western crop concerns fueled anxious trading and forced some big sellers to cover.

Chicago Nebraska Carrington N. PD

Market quote snapshot with varied commodity prices

Iron and steel prices show No 1 and No 1 with 1850 level. Coffee Rio No 7 stands at 8 1/2. Sugar granulated 5 1/5, Wheat Notre 106, Corn No 2 63. Hogs, drad 13 1/2, Pork mess 25 1/4, Lard Molle West 12 1/2. Elevator domestic basis noted as nominal.

Rio Molle West

General Market Report Sees Wheat and Cotton Flux in Grain Nails

Grain markets show mixed action with wheat up amid nervous conditions due to rains and potential drought. Corn firm and bullish while cotton declines but finds support and futures settle near session lows, with mixed activity across oats rye and barley and a broad array of commodities from coffee to fats and oils also described.

Foreign Markets Report from Liverpool and London

The Liverpool market notes dull wheat and steady futures with July at 644 and October at 3% 6d. Other grains and provisions show mixed spot prices for corn and peas. In London, hops and flour values are listed, with various prices for beef, pork, lard, cheese, turpentine, rosin, and oils. Antwerp closes with petroleum at 19 francs 30 centimes.

New York Kansas India Middle Western South America Brazil Porto Rico 215-Lée Muscovado London Apot East St Louis East St Louis London Cleveland Northern Southern Liverpool Dolla Galveston Pacific Coast Hull Jane Calcutta Antwerp Petroleum

Also Mentioned on This Page

Toe Chet Muteern Pacific Crocker-Hub Bard Litigation Inge Goldfield Enles of Indiana Line S. P. Gillett Naval Academy Brooklyn Q’makey Hurd State G. A. R. Head United States Statuary Hall National Capitol Beech Coler & Co W. N Street Ais Mim Aebeiica tCou Sterling Pons Baltimore van Sehaick & Co Wall Street T United Ry North Cent Trust Nat B Marrland Tr Nor Cent Ry San Francisco Julia Alta Pee Rewee Justice Alpha Con Andes Kentucky St. Louis Crown Point Union Gould & Curry Utah Norcross Yellow Jacket Hale Georgia Southern & Florida Mobile & Ohio RIO Grande Southern Edward B. Smith & Co Pine Street Alb & Sus Alb & Vt Man & Law Allegh & W Manhattan Am T&c Massaw Vy At &Cal MH & SH Aug & Saw Mobile & Ppt It Ag&mm M&o Str T Cfs Beech Creek Mor C & Bak Best & Alb Morris Best & Low Ise H & 7Th Nash Nash & Low New Low Bklyn City Canada Nyb&m B Inyl& Vv Mat Tel Cay & Sus Ninth Ave Crosstown North Car CPN &Er 2 North (N Chat & G Pat & Ram Cone & M Pennig Valley Goodoe Peo & B C & PR Pf Phila G & N Conn River Ipb&lee C Ry & L V&c CTC Dayton & M McK & Y D & Bd Prov Det Rens & Sara East Penn R & G Vy Lighth Rome &C Imira & W Ir W & Og Rut & Wh Erie & Kal Sara & Sch Second Ave Erie & Pitts Sharon Ry Fitchb’g Sixth Ave FW & J Pf So & At Tel St&gsf Southw of G Franklin T St L B 1St Pf G Rr&b Co G & Stk T Gr Riv Vy St J & So B Hart & C W Hereford T&gr As St L Til & Miss T Interocean M JR R&c Jack L Joliet & Ch U & B Riv Chicago Grain and Provisions General Market Report Red Houston Westeran Liverpool Cables Havre Hamburg Santos Rio No Country Produce Markets Lima Fizace Weil Oe Pennnsylvenia HSH Appice Georgia Staten Island Hilton Irvington Jersey California Florida New York State Broilers Phila Fancy Penn Long Island Carsages Balthmore Shore Norfolk Carolina South “Carolina New Orleans ORRA Delaware and Mary Lars Jamall Eastern Shore Feeans Serger Bailtimore North Carolina Mississippi Susquehanna West Shore New York Central Central Ontario Homer Ramsdel New Brreu Turo T. Daly Nat Warren, Gzzowski & Co S Street Amagamat Kerr Lake Savais Ballers Little Nipiss McKinley Buffalo Nancy Helen " Champ—Ferl Nipissing Nova Scotia Ophir Codait Lake Otisgeniagaea Peterson A Atm Crown Res Siiver Emiskaming Hargraves Trethewey Hudson Bay
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