Wages Cut in Lowell Cotton Mills as Mills Announce Reductions
Lowell mills begin wage reductions affecting about 20 000 operatives with notices that pay will drop to average 15 per cent. Manchester Stark mills plan about 10 per cent cuts for 1500 workers. Fall River has a six months sliding scale. New Bedford and Rhode Island mills are considering similar cuts. Overall New England mills face lower margins from cotton costs and weaker cloth prices.
MENTIONED IN THIS ARTICLE
Boston
Lowell
Appleton, Boott
Lawrence
Massachusetts
Merrimack
Hamilton, Tret
Suffolk
Stark Mills
Manchester
N. H
Lewell Mills
New England
Fall River
Manufacturers’ Association
Textile Council
New York
Association
Fell River
Rhode Island
New Bedford
Otis N. Pierce
New Bedford Manufacturers’ Association
Gammel
Victory for Dime Savings Bank affirmed by Court of Appeals
The Court of Appeals affirmed Union Dime Savings Bank in the suit by George Hoffman as administrator for Julia Hoff to recover 86 from the bank. Hoffman argued the power of attorney ended at Hoff’s death, while the bank contended the power survived. Thoma used funds for Hoff’s funeral and more.
MENTIONED IN THIS ARTICLE
Court of Appeals
Union Dime Savings Bank
George Hoffman
Jutia Hoff
Hoffman
Eait
Hof
Standard Oil plots blamed in Cleveland hearing
Richard T. Cooke of Indianapolis testified that he received credit for rival sales as if he made the sale for Standard Oil. He said reports came from a freight handler in Logansport and possibly the State Oil Inspector’s office. He described creation of bogus and genuine independent firms later bought by Standard Oil and plants closed.
MENTIONED IN THIS ARTICLE
Cleveland
Richard T. Cooke
Indianapolis
National Refining Company
Standard of Company
Standard Oil Company
Cooke
Stendara of Company
Logansport
Ind
Standard
Erie Restores Two Trains In Port Jervis Plan
The Public Service Commission's 34 District approved the Port Jervis citizens mass meeting acceptance of General Superintendent Stone of the Erie to restore two of seven local trains cut between Port Jervis and Middletown. The commission also ordered the Port Jervis Electric Light Power Gas and Railroads Company to maintain a minimum trolley car temperature in cold weather.
MENTIONED IN THIS ARTICLE
Tribune
Port Jervis
Public Service Commission
General Superintender
Stone
The
Erie
Middletown
Garrett to quit Seaboard in railroad leadership shuffle
Atlanta March 12 rumors in railroad circles say W A Garrett president of the Seaboard Air Line will resign to take the general managership of the Atlantic Coast line L G Haas already noted as his likely successor and agent to the receivers remains in place awaiting transition
MENTIONED IN THIS ARTICLE
Garrett
Seaboard
Atlanta
W. A. Garrett
Seaboard Air Line
Atlantic Coast Line
L. G. Haas
D and H Wins Suit Over Dividend Payment
Supreme Court Justice O'Gorman denied stockholders move to restrain Delaware and Hudson from paying a 3,516,000 dividend for the year ahead. Ex Judge Cowing had secured a temporary injunction for holders of debentures. court voiced no necessity for preserving the injunction and warned of irreparable harm to the company’s credit if granted.
MENTIONED IN THIS ARTICLE
Justice O'Gorman
Supreme Court
Delaware & Hudson Company
Justice Platzek
Rufus B. Cowing
William G. Nicholas
John H. Greene, Jr
Emanuel Weingreen
O'Gorman
Executor Chartered 1822 and Related Trust Addresses
A concise notice lists the Executor Chartered of 1822 with trusteeship at The Farmers' Loan and Trust Company locations on William Street and a branch at 475 Fifth Avenue New York. It also notes London Paris offices and provides details on Letters of Credit Bills of Exchange and Cable Transfers.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
London
Paris
Bishopsgate St
Rue de Richelieu
P R R In Rail Controversy
Pittsburg dispatch reports the Pennsylvania Railroad seeks rails after United States Steel refuses 55000 tons of steel rails. The railroad may convert Steelton and Cambria works to its own use. Steel Corp cites demand for sound rails, debating each ton.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
Pennsylvania Railroad Company
United States Steel Corporation
Pennsylvania
Pennsylvania Steel Company
Cambria Steel Works
Steel Corporation
Pennsylvania Railroad
Colorado and Southern Railway year shows strong dividends
Directors filed the calendar year 1907 results with income to interest of 2 725 328 and bond interest 1 282 952, balance 1 432 376. Margin above interest requirement stood at 113.20 percent. Adding equity and the net income shares from related lines totals 2 365 228 for dividends. After deducting 59 040 for semi annual preferred stock dividends, the year ends with a final surplus of 1 485 928.
MENTIONED IN THIS ARTICLE
Colorado & Southern Railway Company
Colorado Springs
Colorado & Southern
Detroit & Mackenac
International & Great Northern
Louisville & Nashville
Mare
Ledo, Peoria & Western
Chicago
Indianapolis
Louisville
Boston& Albany
Jeans Senterer
Eurplus
Lehigh Valley
New York State
Werner Owen
Hessemer
Lake Erie
Pennsylvania Opens Short Line at Buffalo
Buffalo March 12 The Pennsylvania Railroad Company has completed a seven mile short line to speed freight handling around Buffalo and assist ore and other freight moving via rail and lake connections, aligning with rapidly developing Great Lakes commerce.
MENTIONED IN THIS ARTICLE
Buffalo
Great Lakes
Pennsylvania Railroad Company
Herrick Opposes Bank Deposit Guarantee Plan in Ohio Session
Columbus March 12 Myron T Herrick of Cleveland told a joint Ohio Legislature panel that guaranteeing bank deposits is socialistic and unconstitutional and that it weakens individual initiative and is unjust He urged lawmakers not to jeopardize Ohio's best interests by passing such a law.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Myron T. Herrick
Cleveland
W. 3
Bryan
AFL to Decide Policies in Washington Conference
Unions affiliated with the American Federation of Labor were notified of a Washington meeting of representatives from national and international unions. The gathering aims to set future policies affecting about two million members and discuss independent political action following recent Supreme Court decisions. Herman Robinson, Eastern representative of President Gompers, called it likely the most important AFL conference since its formation.
MENTIONED IN THIS ARTICLE
American Federation of Labor
Washington
Rs. Herman Robinson
Gompers
United States Supreme Court
Robinson
State highway bond bids outlined by controller
Albany March 12 Controller Glynn said 85 million of 4 percent New York State highway improvement bonds will likely be awarded to nine bidders. Bids ranged from 106.456 to 108 with amounts including Joe and Co 40000 at 106.64 107.6 and .14 and several banks and firms in New York City and Boston participating at varying prices.
MENTIONED IN THIS ARTICLE
Albany
Glynn
New York
New York City
A B. Cable
Grace of God
Aca EL Hell
Isabel Mc Hall
Alice H. Duncan
Sopa V. Bluhm
Frances J. Stewart
William N. Beach
Albert C Hall
Audrey B Hall
Isabel McRae Duncan
Bluhm
Marie Stewart
Mary R Ritch
Helen W. Rite
Alvan Hall
Teil
Gommael
Abner C. Thomas
Daniel J. Dowdndy
Surrogates’ Court
Morse Minute Inspection Motion Scheduled Before Justice Blanchard
Philip J. Britt on behalf of Charles W. Morse served notice to the District Attorney seeking to inspect the grand jury minutes that led to Morse’s perjury indictment. The motion is returnable Monday in the Criminal branch of the Supreme Court before Justice Blanchard.
MENTIONED IN THIS ARTICLE
Philip J. Britt
Charles W. Morse
Morse
Justice Blanchard
Supreme Court
Clearfield miners to meet in Du Bois on wage scale
A convention of Clearfield Pennsylvania soft coal miners will be held in Du Bois at month end to study a wage scale with operator representatives present. C J Wittenberg president of the Chesapeake and Ohio Coal Company said operators will push for a wage reduction whether or not a strike occurs.
MENTIONED IN THIS ARTICLE
Clearfield
Penn
du Bois
C. J. Wittenberg
Chesapeake and Ohio Coal Company
Urique Consolidated Mining Makes Major Timber, Mine Advances
The Urique Consolidated Mining and Smelting Corp, recently incorporated with a 33 million paid cap, controls over 200000 acres of timber land near Urique Mexico. Directors include C R Peterkin J T Abell George T Rogers and others as remodelling of Greene Cananea mines progresses to cut copper costs per ton. The Terneras and Copper Queen mines of American Smelting and Refining Co are back in operation with Santa Maria group output at 12000 tons monthly, the highest in the company’s history.
MENTIONED IN THIS ARTICLE
Urique Consolidated Mining and Smelting Corporation
Urique
Mexico
C. R. Peterkin
J. T. Abell
George T. Rogers
D. J. Leonard
F. O. Rhoades
W. F. Blaisdell
Greene- Cananea
Terneras and
Copper Queen
American Smelting and Refining Company
Santa Maria Group
Velardena
Erie Railroad to Care for 5.5 Million Notes At Maturity
Erie Railroad Company notes totaling 5.5 million dollars due April 1 face careful handling by the company. Market pricing rose to 9 percent, hinting at a refunding plan. Rumors say the notes may be refinanced by a short term obligation with cash payment options for holders. The notes’ low price and uncertain future have caused concern among investors.
MENTIONED IN THIS ARTICLE
Erie Railroad Company
Bankrupt petitions filed in district court with receivers appointed
Several entities face voluntary and involuntary bankruptcy actions. Frank G. Greene of West 84th Street listed assets and debts. George F. Affleck at Liberty Street faces an involuntary petition by Prentiss Tool Supply Co. Charles Littlefield named receiver for Meyer Sloane woollens at Eldridge Street. Sloane stock valued around 1590 dollars. Samuel Goldner shows 4796 dollars liability and 1847 dollars assets. Moses P D Sorkin shows 6810 dollars liability and 6952 dollars assets. Roger H. Lyon appointed receiver for Williams & Weymouth at Front Street. James Motley trading as James Motley & Co. assigned for creditors to Robert L. Hutchinson at Old Slip.
MENTIONED IN THIS ARTICLE
United States District Court
Frank G. Greene
No. 107
West 84Th Street
Mobile Soda Company
George F. Affieck
Liberty Street
Prentiss Tool Supply Company
Charles Littlefield
Holt
Sutherland D. Smith
Meyer Sloane
Eldridge Street
Sloane
Samuel Goldner
Moses PD
Sorkin
Change Courts Inquiry Seeks Open Stock Exchange Access
President Roosevelt asked Herbert Knox Smith to investigate the New York Stock Exchange. Members welcome a probe as political and commercial aims clash with secrecy. Executives from Flower & Co., J S Bache & Co., and Hutton & Co. express readiness to show books, hoping for public reassurance.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Herbert Knox Smith
Roosevelt
Ely
The
Stock Exchange
Smith
Exchange
Standard Oil Company
Frederick S. Flower
Flower & Co
E. F. Hutton & Co
New American Tobacco Secretary Elected Wilcox Succeeds McAlister
Josiah T. Wilcox was elected secretary of the American Tobacco Company at a board meeting, succeeding W. H. McAlister. Wilcox began in 188% with Kinney Tobacco, stayed through its absorption by the American, and since 1900 has been assistant secretary, with extensive sales department experience in cigarettes and smoking tobaccos.
MENTIONED IN THIS ARTICLE
American Tobacco Company
Josiah T. Wilcox
W. H. McAlister
Wilcox
Kinney Tobacco Company
Kinney
American
The
Bankers Association to Meet May 6 and 7 at Lakewood
Fred FE Farnsworth secretary of the American Bankers Association says the spring meeting of the executive council will be held at Lakewood New Jersey on May 6 and 7.
MENTIONED IN THIS ARTICLE
Fred FE. Farnsworth
American Bankers’ Association
Association
Lakewood
N. J
Banker Hanna Reports Clearing House Debt Cleared
Charles A. Hanna, receiver for the National Bank of North America, announced yesterday that he had retired all but 0.00 of the bank's indebtedness to the Clearing House. At suspension on January 27, the bank had outstanding 2 200 000 in Clearing House certificates.
MENTIONED IN THIS ARTICLE
Charles A. Hanna
National Bank of North America
New York State Highway Bonds For Sale
William A. Read & Co offer investors State of New York 4 percent highway improvement gold bonds due March 1 1958. Interest payable March and September. Bonds are legal investments for savings banks and trust funds and acceptable by the United States government and New York State as security for deposits.
MENTIONED IN THIS ARTICLE
William A. Read & Co
State of
United States
New York
Insurance
Read & Co. Address Listing In Boston And Baltimore
Wm A Read and Company set of listings shows addresses at 43 State Street Boston and 203 East German Street Baltimore. The item records their postal or office locations across two major cities, indicating a business footprint.
MENTIONED IN THIS ARTICLE
East German Street
Baltimore
Hinman or Armstrong for Place on Public Service Panel
Albany March 12 telegraph report discusses who will replace William A. Sutherland on the Public Service Commission 2d District Rochester who died yesterday. Senators Harvey D. Hinman and William W. Armstrong are the focus as candidates for the $10 000 a year post. The vacancy was briefly offered to Hinman last summer, declined, then offered to Sutherland in January. Sutherland served about two months before his death. No immediate action expected on filling the seat.
MENTIONED IN THIS ARTICLE
Tribune
Albany
Public Service Commission
William A. Sutherland
Rochester
Senate
Harvey D. Hinman
Binghamton
Willam W. Armstrong
Hinman
Mr. Sutherland
State OF New
Lue
Grace of God
Asa Terry
Andrew Jackson Terry
Laura Grace
Amanda M Thompace
Louisa Grant Mytinger
Zercy
Ughmowo
Cannes
Charles BF. Terry
F. Millom Terry
Mary Terry Grantham
David C. Terry
Samuel Q. Terry
Franklin Lee Terry
Margaret D. Terry
Charles Terry
The
Elizabeth Haybeck
Caroline Tinseman
Albert Haybeck
Annie C. Lance
Catherine F. Horner
Catharine Glaum
Catharine Lentz
Emm Walker
Oliver P. M. Custis
George W. Custin
Franklin Custis
Laura M. Wood
Kfe
Margaret Ferry
County of New York
Charles T. Dotter
City of New York
Margaret Terry
County
New York
Abner C Thomas
B. & C. To Resume Improvements
Baltimore & Ohio Railroad orders resumption of works starting next Monday in Pittsburg with a total outlay of 500000 dollars. Planned projects include a 125000 dollar Grand River bridge at Fairport Ohio on the Pittsburg and Western branch, 156000 dollars for new interlocking switches and a fourth track from Pittsburg to McKeesport, and 175000 dollars for a double track from Fairmont West Virginia to Mount Braddock Pennsylvania, plus other unfinished tasks.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
Baltimore
Baltimore & Ohio Railroad
Grand River
Fairport
Ohio
Fairmont
W. Va
Mount Braddock
Penn
Shortening of Second Avenue Line Announced
Service cut on Manhattan surface lines continues as southern terminus of Second Avenue cars moves to Bayard Street and the Bowery on Sunday. The Bowery tracks below this point are owned by the Third Avenue Railroad, replacing the Post Office loop.
MENTIONED IN THIS ARTICLE
Manhattan
New York City Railway
Third Avenue Railroad
Second Avenue
Bayard Street
Bowery
Extension of electric trains reaches New York service
Stamford Conn March 2 electric train service on the New York New Haven Hartford Railroad between Stamford and New York was extended today as motors were attached to twelve through trains the first time electric engines pulled the expresses setup took about three minutes per train to attach the engines and operations ran smoothly on time with no reduction of running times
MENTIONED IN THIS ARTICLE
Stamford, Conn
New York, New Haven & Hartford
This Place
New York
Transit Receiver Appointed For Dayton And Xenia Transit
Worcester Trust Company of Worcester Massachusetts secured control of the Dayton and Xenia Transit Company via second mortgage bonds. Receiver C J Ferneding of Dayton named after default on $21 in interest. first two bonds held by Old Colony Trust Company.
MENTIONED IN THIS ARTICLE
Cincinnati
Worcester Trust Company
Worcester
Mass
J. Ferneding
Dayton
Ohio
Dayton and Xenia Transit Company
Soio
Transit Company
Old Colony Trust Company
Notice of Summons in New York Supreme Court case
Notice announces plaintiffs Louis J. one and Louis J Bow s sue Abram Modne David Stern Jacob Lien Gabriel Delnunzio Francesco Delnunzio Dominik Pasoli Robert Liega Isidore Davis William Teresa Jacob Goliner and others in multiple summons actions. It orders defendants to answer within twenty days and warns of default judgment. dated February 3 1908 and March 12 1908 with publication by Sydney W Stern attorney for the plaintiffs.
MENTIONED IN THIS ARTICLE
Oo Prems Court
New York County
Louis J
Abram Modne
David Stern
Jacob Lien
Gabriel Delnun
Francesco Demunzio
Deminik Fasol
New York
Sydney W. Stern
Naasau
Borough of
Manhattan
City of New Yor
Pierdants
Francesco Deinunaio
Lewainik Fasoli
James Fitzgerald
Supreme Court of
State of New York
County of New York
County Court House
City of New York
Lees
Stonfy W. Stern
Nassau St. Borough of
New York City
Qcpreme Court
Louis J . Bows
Gabriel Delnunzio
Francesco Delnunzio
Dominik Pasoli
Robert Liega
Isidore Davis
William Teresa
Jacob Goliner
Jorment
Nassau St
Borough of Manhattan
Francesco Demmazzo
Nassau Loramsh
Depositor accuses bank cashier in Williamsburg incident
Mrs Clara Brooks of No S Bushwick avenue Williamsburg accused Nathan Golub former cashier of the private bank at No 7 Graham avenue of assault after a dispute over her deposit. Golub says he lost several handfuls of hair. Brooks was in Manhattan avenue court and paroled pending examination.
MENTIONED IN THIS ARTICLE
Clara Brooks
Also Mentioned on This Page
North
Victory For Dime Savings Bank
Standard Oil Hearing
Colorado
F. Marion Crawford
Ruby
Asia
Consolidated Exchange Sales
Stoges
Hich
Lew
Amal Copper Timas
Ailta
Halmers
Amate
Brooklyn
M & St
Col Fuel & Iron
Ak Ist Wits
Iz Tae
Gt Northern
Louis
I Pt Co
Vt Pacific
Rock Island
Southern Pacific
Unior
Pacific
Cal & i
Crippie Creek
Goldfeld
Utah
Change Courts Inquiry
Brokera
NEW American Tobacco Secretary
Wm. A. Read & Co
Nassau Street
State Street
la Salle Street
Hinman OR Armstrong
Upstate Public Service Commission
Telegraphic Business Notes
Reno, Nev
Altbert Meyers
T. D. Murphy
Joan W. Gates
Combination Fraction Mining Company
Goldfield
Combination Fraction
Goldfield Consolidated
Arke
Jackson
Miss
Mississippi House
Jefferson City
W D. Vandiver
Prudential
Metropolitan
Equitable Life
Depositor
Julie Geneve
Friedricn Ernst
Karoline Ernst
Kieinrich
Katharina Lilisabetha Sulzer Ernst
Emilie Berta Kohl-Ernst
Jakob Theder Ernst Susanne Sparmann-Ernst
Robert Ernst
Julian Ernst
Switzerland
County of
Advipmbusch
Utile Ernst
Salt County of
Charles Ells Beckett
Daniel 3
Dowdney
Charles H
Fisher A. Baker
Wall Street
United States Trust Company OF New York
Ferris & Thompson
Exra
Wald Street
P Probriand
Mary DE
Thomas
County Co
New Yorks
Curtis R. Hathe
Broadway
New Torton
Marle Caroline Post
Charles A. Post
Curtis R Hatheway
Borough of Manhattarn
Rush
Mary H
Charlies H. Beckett
Charles A Latteng
Pine x. N.Y. Gy. Mankatta