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This newspaper page contains 26 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 27, 1908

Page

5

Grain rates stymie New York exporters against Montreal

The Trunk Line Association told the New York Produce Exchange committee that traffic conditions and high costs prevent export rate concessions from Buffalo eastward. The exchange seeks parity with Montreal to curb Canadian competition, but railroads refuse reductions. A lighterage charge tweak was accepted after protests, ending further action for now.

Trunk Line Association New York Produce Exchange Committee Buffalo Trunk Association Montreal James F. Parker Preduct Exchange Committee New York Lakes Produce Exchange

Five Railroads Accused of Grain Trade Discrimination

The Milwaukee Chamber of Commerce filed two complaints with the Interstate Commerce Commission charging five railroads with favoring Chicago over Milwaukee in grain rates. One suit alleges unequal through rates for corn oats and rye to Milwaukee versus Chicago, while the other claims abrupt rate changes in August 1907 that unjustly boosted Milwaukee shipments, harming grain trade.

Washington Chicago Milwaukee Chamber of Commerce of Interstate Commerce Commission Iowa Minnesota Chicago, Rockland & Pacific Illinois Illinois Central

Westinghouse extends assenting stock deadline to September

The readjustment committee of Westinghouse Electric extends the assent deadline for the merchandise creditors reorganization plan to September 1 to complete details and subscriptions. The plan should take effect around September 3 as subscriptions rise and unsubscribed stock drops below 1 million dollars. The Pittsburgh court ordered payment of interest due July 1 on funded and floating debt and August 1 on collateral notes.

Westinghouse Electric and Manufacturing Company United States Pittsburg

Receivers Ordered to Pay Westinghouse Interest Payments

Judge Young of the U S District Court directed the Westinghouse receivers to pay 500000 interest on bonds due July 1 and 181000 interest on a 64466 loan due August 1. Receivers say funds are sufficient to meet these obligations.

Pittsburg Young United Sates District Court Westinghouse Electric and Manufacturing Company

Chinese boycott ends as Far River sees big cotton shipment

Fell River Massachusetts reports the boycott collapse with orders totaling 23,000 packages of cotton goods valued at $200,000. The shipments to China will depart tomorrow, marking the largest export from the port in years since the boycott began.

the Tribune Fell River Mass China

Central Systems to Fully Reopen July 1 in Several Cities

The Tincis Central Systems will restore full hours starting July 1 in Burnside Iowa Waterloo Memphis and Water Valley Vicksburg with about a thousand additional workers. Monthly expenditures are set to rise to roughly 250000.

Chicats Tincis Central Systems Burnside Waterloo Iowa Memphis Water Valley Vicksburg Miss

New York Press Association Reviews Paper Costs And Insurance

In Niggera Falls June 26 the New York Press Association discussed rising paper costs and what was termed extortionate insurance. Members debated cost impacts and favored cooperative open-step insurance. William B. Collins of Gloversville delivered the annual address as officers are to be elected tomorrow.

Niggera Falls New York Press Association Extorionate Insurance Steplic Arts Insurance William B. Collins Gloversville Os Nl

New Trial Motion Filed in Hyde and Hither Conspiracy Case

A motion for a new trial was filed in Washington today following the conviction of Frederick A. Hyde and Joost Hi ther of San Francisco for conspiracy fraud. Arguments on the motion are set for the court's next session.

Washington Nerrest Delawi Frederick A. Hyde Joost Hither San Francisco United States West

Exports Rise Amid Port of New York Trade Shifts

Official report by Colonel Edward S. Fowler shows New York Port foreign commerce for the year ended June 30 declined by 142 million dollars from the previous year. Total trade was 1.2279 billion with imports at 689.6 million and exports record high, 638.3 million, while duties fell to 186.7 million. Gold and silver bullion imports surged to 117.0 million, Europe repaying loans as exports of precious metals climb.

New York Custom House Edward S. Fowler Secretary of the Treasury J.S. Knapp Europe Dun Trade and Industry Mhe Eer Gp

Lubrication Costs Drop At New York Central Railways

John F. Deems testified at the Standard Oil inquiry that New York Central lines cut lubrication costs while expanding service. From 1899 to 1907 passenger car mileage rose 32 percent as lubrication costs fell 54 percent. freight car mileage up 63 percent with a 37 percent cost drop. Locomotive weight rose 54.9 percent with lubrication costs up 62 percent. The hearing paused for Grover Cleveland’s funeral and will resume Monday.

John F. Deems New York Central Standard Oil Galena Signal Oil Company Hudson River Gaiena Company Grover Cleveland

Wages on Southern Railway Postponed Wage Talks

Southern Railway announces postponement of wage negotiations for non Washington employees from July 1 to October 1. The 10 percent salary cut for officials and staff in Washington ends July 1, while the president and vice presidents keep their reductions. Mediators under the Erdmann act facilitated the pause with all parties through April 1, 1908.

Washington Southern Railway Today Finley Martin A. Knapp Charles P. Neil Erdmann

Growth in New York trust companies shows rapid expansion

A comparison of twenty New York City trust companies on March 4 and June 17, the State Superintendent of Banks calls for statements of condition, reveals deposits rising from 21,419,000 to 959,149,200, a gain over 139,000,000. Cash holdings up about 11,000,000 and loans up over 47,000,000. Investments in stocks and bonds increased by nearly 35,000,000.

New York City State Superintendent of Banks

Iowa Freight Rates Lowered by Railroad Commission Action

Des Moines report notes a general freight rate reduction issued by the Railroad Commission. The new schedule takes effect July 1 and mostly lowers rates slightly though some cuts are substantial, benefiting several shippers.

Des Moines Iowa Railroad Commission

Trade conditions and prospects from Dun's Review cited

Dun's Review notes midsummer quiet amid general trade contraction and crop strength boosting confidence. It cites improved fall business readiness, shifts in raw materials, and steady shoe and steel output, with railcar reductions and declines in June earnings. Bradstreet's echoes cautious optimism and uneven activity across industries.

Bradstreet’s

Rochester Youths Sentenced in Manslaughter Case

Arthur Clark, eighteen, convicted of second degree manslaughter for the 1907 killing of Frederick L. Kistenmaker, received a sentence of seven to eleven years at Auburn Prison. Nellie Osborn, who pleaded guilty after a jury’s December disagreement, was sentenced by Justice Bas yer in May to five to seven years. Free for August.

Rochester Arthur Clark Frederick L. Kistenmaker Auburn Nellie Osborn Bas Yer

City board funds aqueduct work while rejecting prison palace cost

The Board of Estimate voted 22.6 million for Catskill aqueduct projects and approved 7.2 million for Suffolk County water system upgrades, totaling 47 million eventual cost, while refusing 2,250 dollars for a new Rikers Island penitentiary. Controller Metz warned of depleted funds and questioned future subway plans as ferries face possible service cuts.

Board of Estimate and Apportionment Catskill Aqueduct Riker’s Island McGowan Board of Aldermen Metz Mr. McGowan Catskill Suffolk County Smith Harlem River Hebberd Charities Department Bellevue Hospital Botanical Garden Gowarus Canal Board of Estimate Union Ferry Company

Coal Output Exceeds Demand in Dull Trade

Reading anthracite mines will close next week and Lehigh Valley collieries will close for most of the week and much of the time thereafter. Much coal shipped recently sits in storage as demand remains weak. Bituminous trade is lifeless with shipments at about 60 percent of normal.

Reading Lehigh Valley

Southern Pacific Indicted for Rebating in Nevada Shipments

Federal grand jury charged the Southern Pacific company with nineteen counts of rebating in shipments from Nevada for the Pine Box and Lumber Company. A parallel indictment against the Pine Box and Lumber Company also cites nineteen counts for accepting rebates.

San Francisco Federal Southern Pacific Company Nevada Pine Box and Lumber Company

City Club seeks immediate Manhattan fire alarm overhaul

The City Club requests the Mayor and Board of Estimate act now on plans for a new modern fire alarm system in Manhattan. The club’s fire protection committee warns the current telegraphic system is dangerous and harmful to property values, urging action to protect lives and property citywide.

McClellan Board of Estimate City Club Manhattan Emil Frenkel W. G. Sewall Walter F. Peacock Wallace Reid Central Park Battery Borough of

City News In Brief Edward Roshong Paroled After Accident

Edward Roshong the chauffeur for Mrs Mary A Yerkes was paroled by Magistrate Walsh in Jefferson Market court after being arrested for running over a small boy Domenico Pasquale the injured child is in St Vincents Hospital in serious condition The trial of broker Thomas A McIntyre under six indictments for grand larceny in the first degree before Judge Foster in General Sessions was adjourned until July 6

Edward Roshong Mary A. Yerkes Walsh Jefferson Market Court Domenico Pasquale St. Vincent's Hospital Thomas A. McIntyre Foster

Consul Lay Promotes U S Exports in South Africa

Julius G. Lay American Consul General at Cape Town tours manufacturing centers in the United States on leave to advise American producers on South African business conditions and export prospects. He notes $140,000,000 in imports to South Africa with Britain and the U S holding small shares and urges action to boost agricultural and mining-related machinery exports.

Julius G. Lay Cape Town South Africa United States Mr. Lay Lay Great Britain National Association of Manufacturers Kimberly

Northern Pacific stock issue looms in rate hearing

Testimony centers on the 93 million dollar Northern Pacific stock issue. H A Gray testifies that Morgan & Co acted as fiscal agents, most shares subscribed, payments totaling 60.5 million received by April. Observes possible extra time granted by the agents, not the railway.ၚ

Gray J. P. Morgan & Co Howard Elliott Mr. Gray J. P

Multiple Involuntary Bankruptcies Filed in U S District Court

The U S District Court recorded several involuntary bankruptcy petitions. Jacob Kurzmsun & Son, wool goods at 395 Broadway, petitioned by H T Mall & Co for 690 dollars. H H Oppenheimer appointed receiver with a 4000 dollar bond. Samuel Blick, eggs and butter dealer at 346 Greenwich, petitioned by Harry Shimer for 3846.84 dollars. Blick accused of fraudulent dealings and $15,000 in goods hypothecated. John Gruenberg named receiver for St Lawrence Filler Co with 1000 dollar bond. De Kalb Junction plant valued at 2000. Arthur J Cohen named receiver for Harlem Specialty Co with 1000 dollar bond. Pittsburg Glass Co cites Henry Thompson for alleged misappropriation of lease proceeds and improper hypothecation. Sheriff Foley attaches 13234 dollars against La Banque de St Hyacinthe, a Canadian firm, in favor of Delaware & Hudson Co. Deputy serves bank officer. attachment by Justice Bischoff. Sheriff also executes 1075 dollars against Hyman Nelson’s cloaks factory at 133 Mercer Street in favor of Hyman Siegel.

Jacob Kurzmsun Washington Street Shimer Blick Eastern States Refrigerator Company Jersey City John Gruenberg St. Lawrence de Kalb Junction St. Lawrence County N. Y Arthur J. Cohen Harlem Specialty Company Pittsburg Glass Company

Witness Tests Coster Knapp Debt Owed Marshall Spader

Michael J. Welch of Marshall Spader & Co testified before Commissioner Alexander in the inquiry into Coster Knapp & Co. failure. He stated the firm owed Marshall Spader about $616,119 as of October 1907, with the hearing adjourned until Monday.

Michael J. Welch Marshall, Spader & Co Coster, Knapp & Co Alexander Coster, Knapp &Co

Rockaway Beach Man Shot in Fight Over Wife Visit

George A. Travers of 48 South Elbert Avenue Rockaway Beach is hospitalized with a gunshot wound to the left side after a confrontation at the Sheridan home over his wife. Travers says John Sheridan of 16 South Elbert Avenue fired the shot during a struggle after Travers demanded his wife return home. Patrolmen O Connor and Smith arrested John Sheridan and his wife after witnesses heard the gunfire.

George A. Travers South Elbert Avenue Rockaway Beach St. Joseph's Hospital Far Rockaway John Sheridan Travers Charles Sheridan Ambler O'Connor Smith Sheridan

Injured Boulanger Family in Hudson Valley Car Crash

Mrs Emil Boulanger of 404 Eighth Avenue Manhattan and her daughter Amity twelve were hurt in a Hudson Boulevard auto mishap last night. They and Emily fifteen were thrown from the car when the steering broke. Mrs Boulanger sustained a broken arm and facial lacerations while Amity and Emily suffered head and body injuries.

Emil Boulanger No. 404 Eighth Avenue Manhattan North Hudson Hospital Union Hill N. J Amity Hudson Boulevard

Also Mentioned on This Page

Westinghouse New England J. C U.S Standard Oil Hearing Southern Railway Southern Pacific City News J. G. Lay Northern Pacific St. Paul Georgia Atlanta Atlanta, Birmingham & Atlantic Railroad Louisville & Nashville Railway Pelham Birmingham Ala Atlanta, Birmingham & Atlantic Arkwright Louisville & Nashville Rainy River Winnipeg Rainy River Boom Corporation King Fisher D. Robertson Rat Portage Lumber Company Rainy River Lumber Company Shevlin-Mathieu Lumber Company Minneapolis Robertson NEW York Savings Bank N. W. Cor 14Th St 8Th Avenue Greenwich Savings Bank 16Th St James Quinlan J. Hampded M. Dutcher Treas R. Ham E Francis M. Bacon, Jr Seamen's Bank For Savings Wal Street Union Time Savings Institution ST _ AND Sixth Avenue Charles E. Sprague Francis M. Leake William G. Ross Chambers St Board of Trustees Thomas M. Mulry John J. Pulleyn THE Manhattan Savings Institution Broadway Joseph Bird Frank G. Stiles CONSTANT M._ BIRD North River Savings Bank 34Th St. Bet Samuel D. Styles Frederick N. Cheshire Charles F. Turton East River Savings Bank Parkee Yorks H. F. Hutchinson L. A. Stuart Pennsylvania Company Chestnut Street Philadelphia Wilmington& Baltimore Railroad sTock Trust CC. S. W. Packard Philadelphia, Wilmington & Baltimore Railroad Stock Trust Wash Ington Henry EB. F. Macfarland Henry L. West Jay J. Morrow D. C Army Building John G. D. Knight Col Engis S. E 6Th Ave 12Th St 125Th St United States District Court Foreign Government Cologne Munich Augsburg Saxony Hamburg Stoc Alpha Andes Belcher Best & Helpher Caledonia Eoee Chotlar Cal & Va Imperial Crown Point Gould & Curry Dials & ‘Norcross Kentucky Overman Potosi Savage Sierra Nevada litUnion Utah of Security Ing Raymond & Whit Alaska Rockies Canada Raymond & Whitcomb Co Fifth Ave Bet Hudson West Point Newburgh Homer Ramsdenl Franklin ST 129Th ST New Lake HO Atcong Children Cts Liberty ST Mauch Chunk LV. W H. Fea Aires Fulton St Brooklin, N. Y Newbers S| Pengieres Desbrosses West Uint Marky Powell Glenwood Orient Ebr Hanover EL R EB R Starin Richmond Cape Cortlandt Berlitz School OF Languages Madison Square Lenox Ave Asbury Park Maplewood Yale East Greenwich Academy Serena Doya Foundatio Dave Charles Alford Stenhouse M. A Connecticut Cakeville Taconic School For Beautiful Lake Berkshire Hille Lilian Dixon Wellesley and Brys Mawr Bertha Bailey Wellesley RYE Seminary For Perticstans Mra S J. Life S Frances S American and Foreign Teachers Agency M J Young-Palton Union Square Tribone P Lock P Vic Sete Ave St. Cor Mth 7Th Tite Sts Glsat
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