Wages Cut in Lowell Mills Spark Industry Alarm
Lowell cotton mills plan wage reductions of about 10 percent starting March 30 affecting twenty thousand operatives. Across New England, leaders anticipate further cuts due to low cloth demand, high cotton costs, and sagging prices. Falls River, Fall River and New Bedford economies face uncertain schedules as Rhode Island and nearby mills consider similar actions.
MENTIONED IN THIS ARTICLE
Lowell
Appleton, Boott
Lawrence
Massachusetts
Merrimack
Hamilton, Tremont
Suffolk
Stark Mills
Manchester
N. H
Lowell Mills
New England
Fall River
Manufacturers’ Association
Textile Council
New York
Association
Rhode Island
New Bedford
Otis N. Pierce
New Bedford Manufacturers’ Association
Gammell
D. and H. Wins Suit Over Delaware and Hudson Dividends
Justice O Gorman denied stockholders request to restrain Delaware and Hudson from paying a 3.516000 dividend declared in December for the next year and refused to make permanent Piatzeks temporary injunction. Ex Judge Cowing had obtained the injunction for Nicholas Greene and Weingreen holders of 4 percent debentures. The court found no insolvency and cautioned against injunctions that deny credit or harm stockholders blow.
MENTIONED IN THIS ARTICLE
Justice O'Gorman
Supreme Court
Delaware & Hudson Company
Piatzek
Rufus B. Cowing
William G. Nicholas
John H. Greene, Jr
Emanuel Weingreen
Executors and Branches of a Trust Company
Executor Trustee Chartered 1822 The Farmers Loan and Trust Company lists offices at 16 18 20 22 William Street and branch at 475 Fifth Avenue New York London Paris Bishopsgate St Within 78 Rue de Richelieu with services 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
Victory for Dime Savings Bank in depositor suit
The Court of Appeals upheld Union Dime Savings Bank in a suit by George Hoffman as administrator for Julia Hoff seeking to hold banks liable for depositor funds. Hoffman argued the power of attorney ended with Hoff’s death and Thome misused the estate. the bank contended the power survived.
MENTIONED IN THIS ARTICLE
Court of Appeals
Union Dime Savings Bank
George Hoffman
Julia Hoff
Hoffman
George Thome
Thoma
Standard Oil Hearing Describes Rival Oil Reports
Richard T. Cooke of National Refining testified in Cleveland on March 12 that credit for reporting rival gales was counted as if he made the sale for Branchard Oil. He noted daily reports from a Logansport freight handler on oil received by an independent dealer and described the creation and purchase of bogus independent companies to undermine rivals and later absorb them into Standard Oil.
MENTIONED IN THIS ARTICLE
Cleveland
Richard T. Cooke
Indianapolis
National Refining Company
Standard Qi Company
Branchard Oil Company
State of Inspector
Cooke
Standard of Company
Logansport
Ind
Standard Oil Company
Bona Nde
Standard
Erie Restores Two Trains Between Port Jervis and Middletown
The Public Service Commission second district approved Port Jervis citizens mass meeting approval of Erie Railway General Superintendent Stone’s plan to restore two of seven local trains removed on the Port Jervis to Middletown line. The commission also ordered the Port Jervis Electric Light Power Gas and Railroad Company to maintain a minimum car temperature in cold weather.
MENTIONED IN THIS ARTICLE
Tribune
Port Jervis
Public Service Commission
Generals
Garrett to Quit Seaboard Rumor Memos in Rail Circles
In Atlanta an enduring railroad rumor says President W. A. Garrett of the Seaboard Air Line may resign to take the general manage ship of the Atlantic Coast Line. It is believed L. G. Haas, agent to the receivers, would succeed him.
MENTIONED IN THIS ARTICLE
Garrett
Seaboard
Atlante
W. A. Garrett
Seaboard Air Line
Atlantic Coast Line
L. G. Haas
P R R IN RAIL CONTROVERSY
The Pennsylvania Railroad sought 55000 tons of steel rails but United States Steel Corporation refused the order, prompting a conference request to other steel firms. Pennsylvania may repurpose its Steelton and Cambria works for rail production. The steelmaker cited the railroad’s demand for rails that meet the word sound, sparking a dispute over ton by ton interpretation.
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 End Figures Released
Directors reviewed the calendar year 197 and approved income details. Interest income totaled 2,755,328 with bond interest at 1,282,962 and a balance of 1,452,376. Interest obligations were 4.99 percent with a margin above of 113.22 percent. Including equity and intercompany nets, total dividends potential reached 2,365,928. After deducting 80,000 for semiannual dividends on dual preferred stocks, 690,000 remains for disbursement, leaving a year end surplus of 1,685,928.
MENTIONED IN THIS ARTICLE
Colorado & Southern Railway Company
Colorado Springs
Colorado & Souther
Detroit & Mackinac
International & Great Northern
Louisville & Nashville
Southern
Uber
Miles T
Justo Mar Biota
Toledo, Peoria & Western
TSE Siesta
Ieee
Eesses
Boston & Alban
Shere Bros
Lehigh Valley
New York State
Hessemer
Lake Erie
Pennsylvania opens short line at Buffalo for freight boom
Buffalo March 12 The Pennsylvania Railroad has completed a seven mile short line to accelerate freight handling around Buffalo. The line aims to speed ore and other goods moving by rail and lake connected routes, reflecting rapid Great Lakes commerce growth.
MENTIONED IN THIS ARTICLE
Buffalo
Great Lakes
Pennsylvania Railroad Company
Herrick Warns Ohio Against Bank Deposit Guarantee
Myron T. Herrick of Cleveland addressed a joint legislative session in Columbus on the financial question. He argued that guaranteeing bank deposits is socialistic, weakens individual initiative, is unconstitutional and unjust, and 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. J. Bryan
AFL to Decide Policies in Key Washington Conference
Unions affiliated with the American Federation of Labor plan a Washington meeting of national and international bodies to set future policies affecting two million members. Eastern rep Herman Robinson called it likely the federation’s most important conference, prompted by Supreme Court rulings on independent political action and the Danbury hat boycott.
MENTIONED IN THIS ARTICLE
American Federation of Labor
Washington
Herman Robinson
President Gompers
United States Supreme Court
Robinson
State highway bond bids shown for 85 million dollars
Albany March 12 Controller Glynn said the 85 million dollars of four percent New York State highway improvement bonds bid yesterday will likely go to nine bidders. Bids ranged from 106.46 to 109. So far names include Adams and Company First National Bank of Waverly Mabon and Company Hanover National Bank Connor and Kahler H W Poor and Company Gilman and Claucas Estabrook and Company E Cable Jr Clarkson William A Read and Company.
MENTIONED IN THIS ARTICLE
Albany
Glynn
New York
Adams & Co
First National Bank of Waverly
Mabon & Co
New York City
Hanover National Bank
Brothers
E. Cable, Jr
Ane M. & H. Clarkson
William A. Read & Co
Morse Grand Jury Minutes Inspection Requested
Philip J. Britt for Charles W. Morse serves notice on the District Attorney of a motion to inspect the grand jury minutes regarding Morse's perjury indictment. The motion is returnable Monday before Justice Blanchard in the Criminal branch of the Supreme Court.
MENTIONED IN THIS ARTICLE
Philip J. Britt
Charles W. Morse
Morse
Justice Blanchard
Supreme Court
Miners' Convention to Set Wage Scale at Du Bois
A Clearfield Pennsylvania miners convention will meet in Du Bois at month end to discuss a wage scale with soft coal operators present. C J Wittenberg, president of Chesapeake and Ohio Coal Company, said operators will press for a wage reduction regardless of a strike.
MENTIONED IN THIS ARTICLE
Clearfield
Penn
du Bois
C. J. Wittenberg
Chesapeake and Ohio Coal Company
Urique Consolidated Mines Take Control Of Vast Timber Lands
Mining notes report the Urique Consolidated Mining and Smelting Corporation securing control of over 200000 acres of timber land near its Urique Mexico mines after its recent incorporation with 3000000 paid in capital. Directors include C R Peterkin J T Abell George T Rogers and others. Remodelling at Greene Cananea aims to lower copper costs per ton using caving mining. American Smelting and Refining Company mines Terneras Copper Queen Velardena Santa Maria resume or increase output with 12000 tons monthly, the largest in the region.
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. Bleisdell
Greene- Cananea
Terneras and
Copper Queen
American Smelting and Hefining Company
Santa Maria
Velardena
Erie Railroad to Care For 5.5 Million Notes
Erie notes maturing April 1 will be refinanced in a plan satisfactory to holders, possibly via a short term obligation with cash option. Market price rose to 95 last week, prompting speculation. Unofficial word from company offices is unavailable, but investor anxiety grows over low selling price and future prospects.
MENTIONED IN THIS ARTICLE
Erie Railroad Company
Bankruptcy Petitions Filed in U S District Court
Voluntary petitions include Frank G Greene salesman 197 West 84th street formerly Mobile Soda Company Mobilities 3198 53 and 162 in assets involuntary petitions target George F Affleck 107 Liberty street Prentiss Tool Supply Company claim 3560 with Charles Littlefield appointed receiver Judge Holt names Sutherland D Smith receiver for Meyer Sloane woollens dealer 137 Eldridge street Sloane stock valued at 1500. Schedules show liabilities 4796 22 assets 1847 50 for Samuel Goldner and 6810 83 assets 6952 40 for Moses D P D Sorkin. Roger H Lyon named receiver for Williams & Weymouth 263 Front street. James Motley trading as James Motley Co 11 Old Slip assigned for creditors to Robert L Hutchinson.
MENTIONED IN THIS ARTICLE
Frank G. Greene
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 Dpd. Sorkin
Roger H. Lyon
Williams & Weymouth
Front Street
James Motley
James Motley & Co
Robert L. Hutchinson
Change Courts Inquiry Shows Stock Exchange Open to Survey
The New York Stock Exchange welcomes Herbert Knox Smith’s investigation ordered by President Roosevelt into exchange practices. Secretary Ely promises full disclosure and no concealment. Proponents say the inquiry could reassure the public about the exchange’s role in commerce. Several members urge access to firm books to demonstrate transparency.
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 Appointed Josiah T Wilcox
At the American Tobacco Company board meeting Josiah T Wilcox was elected secretary succeeding W H McAlister. Wilcox started in 18 as Kinney Tobacco, which was absorbed by American in 18. In 190 he became assistant secretary and has long worked in sales across cigarette and smoking tobacco lines.
MENTIONED IN THIS ARTICLE
American Tobacco Company
Josiah T. Wilcox
W. H. McAlister
Wilcox
Kinney Tobacco Company
Kinney
American
The
Spring meeting set for Ameri can Bankers in Lakewood
Fred E. Farnsworth, secretary of the American Bankers Association, announces the spring executive council meeting will be held at Lakewood, New Jersey, on May 6 and 7.
MENTIONED IN THIS ARTICLE
Fred E. Farnsworth
American Bankers’ Association
Association
Lakewood
N. J
Bank Receiver Says Large Clearing House Debt Cleared
Charles A. Hanna, receiver for the National Bank of North America, announced yesterday that he had retired all but 00,000 of the bank debts to the Clearing House. The bank suspended on January 27 with outstanding 2,200.00 in Clearing House certificates remaining.
MENTIONED IN THIS ARTICLE
Charles A. Hanna
National Bank of North America
State Highway Bonds For Sale By Read & Co Offer
William A Read and Co offer investors State of New York four percent highway improvement gold bonds due March first 1958 with 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
United States
New York
Superintendent of Insurance
Trust For Banks
William A. Read & Co
State of
Rumored PSC Pick After Sutherland Death
Albany March 12 speculation centers on appointing a counsel for the Public Service Commission 2d District to replace the late William A. Sutherland of Rochester. Two Senate members Harvey D. Hinman and William W. Armstrong are viewed as possible choices. The $10,000 yearly post was vacant after Hinman declined and Sutherland died after about two months in January. No immediate filling is expected.
MENTIONED IN THIS ARTICLE
Tribune
Albany
Public Service Commission
William A. Sutherland
Rochester
Senate
Harvey D. Hinman
Binghamton
William W. Armstrong
Upstate
Hinman
Mr. Sutherland
Read & Co. Addresses in Boston and Baltimore
Wm A Read & Co lists two locations with Boston 43 State Street and Baltimore 203 East German Street as part of its address entries. The brief item records a company address update or listing across two cities.
MENTIONED IN THIS ARTICLE
East German Street
Baltimore
B and C to Resume Improvements
Pittsburg reports from March 12 say the Baltimore and Ohio Railroad will restart $500,000 worth of work next Monday after delays from last fall. Planned are a $125,000 Grand River bridge at Fairport Ohio, a $156,000 interlocking switches and fourth track Pittsburg to McKeesport, and a $175,000 double track Fairmont to Mount Braddock, with other unfinished projects in various locations.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
Baltimore
Baltimore & Ohio Railroad
Grand River
Fairport
Ohio
Fairmont
W. Va
Mount Braddock
Penn
Shortened Second Avenue Line Moves Terminus to Bayard Street
The surface lines in Manhattan reduce service as receiverships of the New York City Railway and the Third Avenue Railroad proceed. Starting Sunday, the southern end of the Second Avenue cars will run to Bayard Street and the Bowery instead of the Post Office loop. Bowery tracks below this point are owned by the Third Avenue Railroad.
MENTIONED IN THIS ARTICLE
Manhattan
New York City Railway
Third Avenue Railroad
Second Avenue
Bayard Street
Bowery
Electric train service extended between Stamford and New York
Stamford Conn March 12 the electric train service on the New York New Haven and Hartford Railroad was extended to twelve through trains marking the first time electric engines pulled the expresses. Locomotives were attached in about three minutes and overall running stayed smooth and on time with no effort to cut running time.
MENTIONED IN THIS ARTICLE
Stamford, Conn
New York, New Haven & Hartford
This Place
New York
Telegraphic Business Notes Signals Shifts In Transit Mining Insurance
In Cincinnati Worcester Trust Company appoints J Ferneding receiver for Dayton and Xenia Transit Company over 300000 second mortgage bonds with 21.40 in interest unpaid. In Reno Albert Meyers and T D Murphy for John W Gates gain control of Combination Fraction Mining Company at 115 per share for possible transfer to Goldfield Consolidated. In Jackson Mississippi the House sets 2.5 cents per mile passenger fare cap for railroads not proving fair value. In Jefferson City Missouri the Supreme Court issues writ of mandamus to force licenses for Prudential Metropolitan and Equitable Life under new licensing cap on officer salaries.
MENTIONED IN THIS ARTICLE
Cincinnati
Worcester Trust Company
Worcester
Mass
J. Ferneding
Dayton
Ohio
Dayton and Xenia Transit Company
Transit Company
Old Colony Trust Company
Reno, Nev
Albert Meyers
T. D. Murphy
John W. Gates
New York
Combination Fraction Mining Company
Goldfield
Combination Fraction
Goldfield Consolidated
Arge
Jefferson City
Supreme Court
W D. Vandiver
Prudential
Metropolitan
Equitable Life
Notice of Summons in New York Court
Notice announces summons in multiple actions in New York County courts. Plaintiffs include Sydney W. Stern as attorney for the claimants. Defendants named include Abram Modne Francesco Demunzio and Dominik Fasoli. Service by publication authorized by Justice Fitzgerald with dates in 1906 1908 and filed with the clerk of New York County. The summons requires defendants to answer within twenty days after service or face default judgment.
MENTIONED IN THIS ARTICLE
Tpreme Court
New York
COU A Bove
Abram Modne
David Jacob Lien
Gabriel Deinun
Francesco Demunzio
Deminik Fasoli
Sydney W. Stern
Post Office
Nansau
Borough of Manhattan
City of New York
Francesco Deinunzio
Lewinnik Fasoli
James Fitzgerr
Supreme Court of
State of New York
County Court House
Manhattan
W. Stern
Gree Court
New York County
Louis J Bowe
David Stern
Jacob Lien
Gabriel Delnunzio
Francesco Delnunazzo
Dominik Pasoli
Robert Linga
Isidore Davis
Wiliam Teresa
Jacob Gollner
Sydney W. Ste
Nassau St
Francesco Demunaio
Dominik Fasoli
James Fitzgerald
County of New York
Borough of
Miedam
Ann B. Hall
Isabel M. Hall
Alice H. Duncan
Vv. Bluhm
Frances J. Stewart
Wiliam N. Beach
Albert C Hall
Audrey B. Hall
Isabel McRae Duncan
Bluhm
Marie Stewart
Mary R Ritch
Helen W. Rite
Alvan Hall
New 'i
Eaid County
Albert Hall
Abner C. Thomas
Daniel J. Dowdndy
Surrogates’ Court
Julie Gesener
Friedrich Ernst
Mareiine Erne
Heinrich Erest
Katharina Elisabetha Sulzer Ernst
Emilie Berta Kehl-Ernst
Jakob Theder Ernst
Susann Sparmann-Ernst
Rovert Ernst
Julius Ernst
Robert Ernst
Switzerland
County of
Towa
Admian Rusch
Emilie Ernst
Charles EL [Ls] Beckett
Daniel J. Dowdney
Depositor Fights Back at Closed Private Bank
Mrs. Clara Brooks of 58 Bushwick Avenue Williamsburg confronted Nathan Golub former cashier of Hyman Epstein private bank at 1 Grahams Avenue after the bank closed its doors. She accused him of umbrella hitting and assault. Golub reports hair loss. Brooks was paroled pending examination in Manhattan avenue court before Magistrate O Reilly.
MENTIONED IN THIS ARTICLE
Clara Brooks
Bushwick Avenue
Williamsburg
Hyman Epstein
Grahams Avenue
Also Mentioned on This Page
North
Victory For Dime Savings Bank
Standard Oil Hearing
ERIE
Colorado
Bryan
F. Marion Crawtlor A
Ruby
Asia
United States District Court
Consolidated Exchange Sales
Toges
Ing. T
Car & Feary
Allis-Chalmers
Bait & Chiov Oi
Chicago
Gt West i
M & St P
Col Fuel & Iron
Northern
Southern Pacific
Southern Kiatlwai
Batoptiias
Cal & Me
Diamondfeld
Crippie Cree
Goldfield Daisy
Eries
Utah
Lagu
Change Courts Inquiry
NEW American Tobacco Secretary
Iinman
Armstrong
Upstate Public Service Commission
Wm. A. Read & Co
Nassau Street
State Street
Boston
la Salle Street
Telegraphic Business Notes
Jackson
Miss
Mississippi House
Depositor
Newsone
Grace of God
al A Terry
Andrew Jackson Terry
Laura Grant Beng
Amanda M Thompson
Louisa Grant Mytinger
Zency
Canaries
F. Terry
F. Miltom Terry
Mary Terry Grantham
Devin C. Terry
Samuel D. Terry
Franklin Lee Terry
Margaret D. Terry
Charles Ferry
Elzzabeth Flaybeck
Albert Haybecs
Arline F. Er
Catharine Graum
Walker
Oliver P. M. Custis
George W. Custin
Franklin Custic
Laura M. Wood
Henry J. Benner
Elias C Benner
Frank A. Benner
Gertrude V. Forrest
Mary L. Tate
George W. T. Benner
Rebecca M. Benner
Thomas E. Benner
Frederic W. Hinrichs
Charles T. Dotter, Jr
Cochell
Kio
Margaret Terry
Arles T. Dotter
New Brom
Nardian
County
Arner C. Thomas
New Yorks
Charles H Beckett
United States Trust Company OF
Ferris S&s Thompson
Exra Fisher A. Baker
Wald Street
Probriand
Mary DE
Thomas
Mary de Trobriand
Curtis R. Hatheway
Broadway
New Tottom
Mary H
Charles H. Beckett
Mary H. Brash
City of the
Charles P
Pine Street
Manehattan
Frances A. Findlay
William M van
Charles P. Latteng
Pine St. N. Y
Machattes
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!