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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Mar 19, 1908

Page

14

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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