Court debates appeal in Oriental Bank receiver case
Attorney General seeks leave to appeal Appellate Division ruling that ousted receivers appointed for Oriental Bank. Motion to retain bank assets was denied. State officials prepare turnover of books to Metropolitan Trust Company and Oriental Bank directors as investigations and proceedings proceed.
MENTIONED IN THIS ARTICLE
Attomney
Jackson
Oriental Bank
Court of Appeals
Ap- Division
Justice N
Supreme Court
Justice Platzek
Tehe Carnegie Trust Company
Henry
Charles m
Carnegie Trust
S. Leonard
Oriental
Department
Clark Williams
Taw Trust Company
Hhis
General Jackson
Mr. Jackson
Metropolitan Trust Company
Beld
Metropolitan Trust Com
The
Kelir
District Aite
Kiesel
the Oriental
Fof the
Bank
Attor Kresel
Kresel
Texas & Pacific's Year Shows Record Gross Earnings
The Texas and Pacific Rail Company reports for year ending December 31 1907 a record gross in history but shows a deficit of 629 992 due to a rise in operating expenses. Net earnings reach 5 093 727 with revenue at 16 671 667 amid heavy payrolls and rising costs.
MENTIONED IN THIS ARTICLE
Texas & Pacific Raily Company
George J. Gould
Texas
Ciaerac
Railroads Used Up Surplus Amid Heavy Investments
Henry Clews notes that major railroads including the Pennsylvania New York Central and Baltimore and Ohio drained their surplus on expansive improvements. He says the Panic left them unable to sell securities, forcing short term notes at high interest. A pause in political attacks and a period of rest are needed for recovery.
MENTIONED IN THIS ARTICLE
Pennsylvania
New York Central
Baltimore & Ohio
Henry Clews
President Cassatt
The
Clews
Wall Street
New York Air Brake Co Plans $3 Million Bond Issue
Directors at a regular meeting authorize 33,000,000 six percent bonds to mature in 29 years and convertible into stock after July 1, 188. They will be offered to stockholders to cover floating indebtedness and provide 1,500 cash working capital. No dividend action taken though president Starbuck says dividends may resume as 1,200 workers operate in Watertown shops. Bonds backed by assets valued at 11,000,00 by independent accountants.
MENTIONED IN THIS ARTICLE
New York Air Brake Company
Charles A. Starbuck
Watertown
Alb & Susq
Hart & Conn W
Alb & Verm
I! Cent
Allegh & West
Joliet & Chic
Am Tel & Cable
Lenrrec
At & C A
la & Mo
Aug & Gav
Little Miami
Avon G & Mt
Lowell & and
Beech Creek
Mahon Coal
Berkshire
Hleeck
Morris & Esexx
Host & Albany
Nash & Decatur Om
Lowell
Nashue
Bost
Bayfalo
Rochester
Pittsburg
Bway & Tth
NY & Harlem
Ilz
Brooklyn City
NYL& Ino
Cam & BR R
Ninth Ave
North Carolina
Mm Se
Nrrof
Cayuga & Susy
Canadian Pacific
Cpn&e
North Penn Tel.co
Ch & E Us Ctf
Nor & War Pt
Ogden Mine
Denver & Rio Grande
Chris & Wth ‘Bt
Old Colony
Cleve & Pitts
Oswego & Syra
Col & Xenia
Pat & Hud Riv
Union Me
Pat & Ramapo
Concord & Mon
Peoria & Bay
International & Great Northern
Cone & Potts
Phil & Trenton
C & Pass Pt
Pitts B & IL
Conn River
Pitts Ft
del Hills
Iowa Central
BSS
East Penn
Pitts McK & Y
Bart Mahanoy Avenue
Prov & Worce
Fighth
Renns & Sara
Elim & William
Roch & Gen Vy
Minneapolis & &T. Louis
Frie & Kajam
Second Avenue
Erie & Pitts
Sixth Avenue
Fitchburg
South & At Tel
Missouri Pacific
St & G
St Rt
W & J Pt
Cam Southwest RR
Franklin Tel
Gold & Stk
Mnjijrr & C
Philadelphia
Broad
Louis Southwestern
Charles D. Barney
South Th Street
Newark
van Schack & Co
Trail Street
Am Cementeneee
Asi
Lehigh Val RR
Big United Railway
BO Texas & Pacific
Am Ry Co
Mareden
Norf Ry & I. Sa
Cambria Steel
Phila Co
Boke
Light & P
J Lang
BT Gbe&s
Weresesso W Wabash Elec St Bat Co
Penn K R Co
Os Do Bncom
Chas City Ry
Blec Co Am
Penn Steel Co
Chas Con Elec
Fairmount
Detroit United
Ins Co
Fidelity & Dep
Lake Sup Corp
Union Traction
Maryland Trust
UN Gas Imp Co
Lehigh No
Welsbach Co
Ad Nor — Ry
Baltimore & Bonds
Flee & Peops
Phila Cops
New York
Crears
Jackson Gas Ss
Lt & Tr
Kan City Gas
Lafay Gas
Log & W C
Baltimore
Chesapeake & Ohio
Bingham Gas
Gor
Buffalo Gas
Ol 'Ny & ER Os
Ohio & Ind
Ges
Gp&g
Paterson & Pasg
Denver Gas
Perry
Reese
St P Gcm
St Paul Gas S
Syra
Janapolis Gas
Government to Refund 100000 on Steel Duty Ruling
I F Fischer of the Board of General Appraisers ruled the government must refund at least 100000 in duties collected on rolled sheet steel imports. New York importers include J McCoy Co Wickes Co H Baker Co Nash Co. Duty had been 45 percent ad valorem under tariff acts 1894 1897. The ruling shifts assessment to weight with duty at 47 18 percent per pound.
MENTIONED IN THIS ARTICLE
I. F. Fischer
Board of
United States General Appraisers
New York
J. McCoy Company
Wickes & Co
H. Baker & Co
Nash & Co
Provident Life Stock Offered and Withdrawn at Auction
Provident Savings Life Assurance Society stock totaling 327 shares tied to E R and C F Thomas was advertised for sale at the exchange salesroom but withdrawn. Two blocks 200 and 127 shares were offered by receivers and banks without explanation, tied to loans by the Thomases, with aim to gain control at the April stockholders meeting.
MENTIONED IN THIS ARTICLE
Provident Savings Life Assurance Society of New York
E. R
C. F. Thomas
Philadelphia
Exchange
Mechanics and Traders’ Bank
Metropolitan Trust Company
Provident Life
Hudson Trust Company
Consolidated National Bank
O. F. Tromas
Thomases
New York Central Dividends Cut To 5 Percent Yearly
Directors of the New York Central & Hudson River Railroad declare a quarterly dividend of 1.4 percent, dropping 4. one-quarter point from the previous rate and settling the stock at a 5 percent yearly dividend. The move follows a prior rise to 6 percent in 1906 1907 and is payable April 15.
MENTIONED IN THIS ARTICLE
New York Central & Hudson River Railroad Company
New York Central
Wall Street
Market Declines Amid Poor Weather With Mixed Stock Movements
Unfavorable weather curtails outside securities trading and dulls activity. Prices mostly fall or stay near flat with limited swings. American Tobacco jumps nine points before retreating, Standard Oil slips three, Chicago Subway fluctuates, and Nevada Consolidated finishes up five on 6s.
MENTIONED IN THIS ARTICLE
American Tobacco
Standard Oil
Chicago Subway
Boston
Butte Coalition
Nevada Consolidated
Cumberland-Ely
Greene-Cananea
Montgomery Shoshone
Goldfield
Illinois Central plans 30 percent stock increase at May meeting
Directors voted to call a stockholders meeting for May 18 to approve a 30 percent capital increase. Half the new stock would be issued at par to stockholders, the rest placed in treasury, with potential convertible bonds. J Ogden Armour replaces Stuyvesant Fish on the board, signaling a shift in financing strategy favored by Harriman.
MENTIONED IN THIS ARTICLE
Illinois Central Railroad Company
Stuyvesant Fish
J. Ogden Armour
E. H. Harriman
Fish
Harriman
Wall Street
Illinois Central
Justice Ball
Chicago
Union Pacific
Railroad Securities Company
Rhode Island Cotton Mills Cut Wages Across State
Notices signed by the state’s large cotton manufacturers plan a 10 percent wage cut effective April 6 in Rhode Island. The agreement spreads to small mill owners by week’s end. About thirty thousand workers will be affected.
MENTIONED IN THIS ARTICLE
Providence
Rhode Island
Baltimore Stocks. The Most Useful Citizen
A Tribune feature outlines Jacob Hite's reform work in slum life. John Hubert Greusel authored the piece for the upcoming Sunday edition of the newspaper.
MENTIONED IN THIS ARTICLE
Jacob Hite
John Hubert Greusel
Tribune
New York Surrogate Court Probate Notices Issued
The Surrogate's Court of New York County issues multiple probate citations for wills of George V. N. Baldwin Maurice Seligmann and Madson Morganstern and others. The notices require heirs and guardians to appear by specified dates in April February and March 1908 for probate proceedings and account settlements.
MENTIONED IN THIS ARTICLE
Aece
Washington
State of New York
Frank L. Waite
Edmund C Watte
Cambridge
New York
Martha E. Waite
Frank L. Waits
State OF
Charlies May
George V. N. Baldwin, Jr
Mary Bb. Coivocuresses
Kate Bussinell Lee
Paith Mck. Burnham
Lily Db. Baldwin
Florence T. Baldwin
Margaret Baldwin
Iexry K. Baldwin
Elizabeth Baldwin
Louisa Edgar
Margaret Duryee
Qa Willett van Nest
George W. N. Baldwin
County of
County of New Yor
Surrogates Court
Abner C. Thomas
Said
Daniel J. Dowdney
Surrogate’s Court
Blas Astel
Mathilde Seligmann
George A. Seligmann
Arthur K. Seligmann
Maurice Seligmann
Albert Blum
City of
County of New York
Charles
H. Beckett
Pas
Lewis S. Wolf
Alfred Frankenthal
Max Frankenthal
Paul Frankenthal
Moritz Frankenthal
Decedent
Alice Arnold
Milton Frankenthal
Fred
Rite) Frannkenthal
Carl Frankenthal
Alexander Sahlmann
Joseph Sahlmann
Ricka Baer
Madson Morganstern
Charles H. Beckett
Wolf, Kohn & Ullman
Broadway
Borough of
Manhattan
New York City
Gerald Fitz-Herbert Delamer
American Surety Company of
Thomas A. Phelan
New Yor
Hall of Records
Geraldine F. Skillin
County
Surroy Court
Augustus H. Skillin
Chicago grain and provisions rallies lift wheat and corn
Prices firmed on European wheat gains with Chicago May wheat climbing to 95 to 95 cents and corn advancing to 67 1/2 cents. Oats and provisions also rose, with May hogs near 1250 and lard and ribs higher amid active demand from shorts and packers.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Commission
May
Minneapolis
Duluth
Gt&c
Shorts and
Bull
Shorts
May Park
Cattle and Hogs Market Reports Across Cities
Telegraph market notes from Chicago Cincinnati Kansas City East Buffalo Pittsburg detail cattle hog and sheep prices and receipts. Prices range with steers to 6.30, hogs to about 5.10, lambs around 6.00, and shifts in demand across regions March 13–18.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
Kansas City
lSc
East
Buffalo
Pittsburg
Foreign Government Securities and Market Bids Noted
The page lists bid and asked prices for German and German state securities including Cologne Bavaria Munich Hessian Saxony and Hamburg issues with various percent figures. It also mentions Mexican gold five percent bonds and notes an upcoming Shorty McCabe story by Sewell Ford titled Putting in One Man.
MENTIONED IN THIS ARTICLE
C of
Cologne
Munich
Hessian
Augsburg
Saxony
Fon-Mais
Hamburg
Hiram
Shorty McCabe
Sewell Ford
Tribune
Also Mentioned on This Page
Texas & Pacific
Jcord
Outside Securities
Industrial
Fale
Bel Tore
Manhat Transit
Stan
Ard Oil
TOS
al Ie
Ing
Alaska
Barnes King
Bingham
Boston Copper
Boston Ely
Davis-Daly Estate
Diamondfield
Dxwaminion
Douglas Copper
Baet Butte
Iiy Central
Florence Atone
Foster Cobalt
General Aimes
Giroux
LMO
tGoldfield Daler
Mines Co
Mitchell
McKinley—Durragh
Montez
Rica
Mont-Shashone
Tikeli
Nevada
Utah
Ase Nipissing M Co
North Butte
Tver
Stewart
Sup & Pitts
Tonoma Belmont
Trinity Gree
Ing. Eat
Tstl&awet
I. C
Armour
Joe
Charles Belmont Devis
Hendrickson
Niagara Falls
Atlantic City
Plymouth
Old Point Comfort
Pinehurst
Thos. T. Hendrickson
Fulton St
Brooklyn
N. Y
New York County
Mathild da Tilly
John A. Tilly
Achille J. Oishei
Borough of Manhattan
James Fitzgerald
Supreme Court of
Clark W
Eliza C. Duniovn
Samuel H. Dunlop
Frank Dunlop
John Franklin Dunlop
Anna Dunlop
Harry R. Dunlop
Edwand D. Dunlop
George H. Dunlop
Dane &. Dunlop
Wiliam W. Dunlop
Charles M. Dunlop
PF. Dunlop
Gertrude D. Hawes
Agnes Dunlop
Helen D. Hutchinson
Marie Louiss D. Taylor
Estelle Dunlop
Rachel E. Disston
Robert W. Dunlop
Ja D. Kimball
Laban S. Major
Alma Sue Major
Hermon G. Conrad
Elizabeth Briggs
Union Trust Company of New York
Frank H. June
Eliza C. Dunlop
Clark W. Dunlop
John W. Barnett
Title Guarantee and Trust Company
City of New York
New
York
L& Abner C. Thomas
Charles Sumner Miller
LA Nassau Street
Kuryman & Frankenheimer
Broad Street
Telegraph
Cobalt
Toronto
Stewart & Lockwood
Wills, Stewart Co
Nova Scotia
Central Buffalo
Peterson Lake
Cobalt Lake
Silver Leaf
Foster
Silver Queen
Coniagas
Old Temiskam
Green Meehan
New Temiskam
Kerr Lake
Red Rock
McKinley
Dennis
Walter J. Buzby
Warlborough- Blenheim
Ocean Front
White Service
Josiah White
Alen Hall
L. Young
Traymore
N. J
Traymore Hotel Company
CHAS
Marqeefie
Whiter
Haddon Hall
Tlantic City
DS & Lippincott
Chalfonte
Atlantic
the Leeds Company
HOTEL
Morton
Sean
Holmhurst
Pennsylvania Ave
Beach
M. J
Ocean View
Henry Darnell
Monticello
Kentucky Ave
Near
Atlanetie City
A. C. Ekholm
Seaside House
F. P. Cook
Lakewood
Paris
Laken
James WN. Beeby
Laurel House
A J. Murphy
D. P. Simpson
Laurel-In-The-Pines
Frank F. Shuts
Montclair Montclair
Montclair Hotel CO
Alvord
F. B. Alvord
Brick Church Station
East Orange
Briarcliffe Lodge
Briarcliff Manor
D. B. Plumer
Virginia
Virginia Hot Springs
Fifth Avenue
Pennsylvania Railroad
Fred Sterry
Hot Springs
Alphin
America
Siupow Phowse Pees Hot Springs
St.george
Berlitz School OF Languages
Madison Square
Berlem
Lenox Ave
UN Newark
Scheuer Buarner Bu
Agence
Clavance En Cullen
Meat Guaday
Tribene