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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

3

Attorney General seeks appeal in Oriental Bank case ruling

New York AG Jackson asks Appellate Division for leave to appeal to the Court of Appeals from the order upholding a prior ruling removing receivers appointed for Oriental Bank. He seeks to overturn the end of the receivership arguing the bank cannot wind up its existence by itself. Meanwhile assets and books were sought to be retained by temporary receivers but the motion was denied.

Orney Jackson Oriental Bank Court of Appeals Apwe Supreme Court Justice Platzek Rehe Carnegie Trust Company Henry Charles Son Carnegie Trust G. S. Leonard Oriental Department Clark Williams Tan Trust Company Anomey Mr. Jackson Metropolitan Trust Company Metropolitan Trust Com The Gh Kelly District Ar Gs Kiesel the Oriental Attor Kresel Kresel Upreme Court New York County Mathis da Tilly John A. Tilly Summmons New York Achille J. Oishei Broadway Borough of Manhattan N. Y State of New York James Fitzgerald Supreme Court of County of New York Achille J. Oishe Borough of Manhattan N. Y. City

Texas & Pacific's Year Shows Large Gross Despite Deficit

Texas & Pacific Railway reports for the year ended December 31, 1907 a record gross of 16,671,667 despite expenses swelling to create a deficit of 629,992. Net earnings rise to 5,093,727 due to heavy late-year traffic. The report notes payroll and higher consumption costs, increased freight and passenger volumes, and ongoing wage pressures amid new labor laws.

Texas & Pacific Bailey Company George J. Gould Texas Ipgent Bayfalo Rochester & Pittsburg Canadian Pacific Denver Rio Grande International & Great Northern Iowa Central Minneapolis & ST. Louis Missouri Pacific Central Branch ST. Louis Thwestern Texas & Pacific Wabash Detroit United Baltimore & Cho Miles Wee Baltimore Chesapeake & Ohio

Railroads Exhaust Surplus on Aggressive Expansion

Henry Clews cites heavy spending on improvements by railroads led by the Pennsylvania and Cassatt era policies. He notes that excess extensions reduced profits, leaving firms like New York Central and Baltimore & Ohio short of funds after the panic. They issued short term notes at high interest and await a period of rest to recuperate, hoping political calm on railroads and Wall Street aids recovery.

Pennsylvania New York Central Baltimore & Ohio Henry Clews President Cassatt The Clews Wall Street

New York Air Brake Company Plans $3 Million Bond Issue

Directors authorized issuing $2,000,000 in 6 percent two year gold bonds convertible into stock after July 1 198 and before July 1 1914. Proceeds will pay floating debts and leave $1,500 cash working capital. No dividend action. president Starbuck says resumed dividends possible once earnings improve. Bonds backed by assets appraised at $11,000,000.

New York Air Brake Company Charles A. Starbuck Watertown

Government to Refund Duty On Relied Sheet Steel Imports

A Board of United States General Appraisers decision by I. F. Fischer orders refunds of at least 100.60 to New York importers including J. McCoy Company Wileckes & Co H. Baker & Co Nash & Co for misclassified relied sheet steel. Duties were 45 percent ad valorem under tariff acts 1894 1891. under the ruling steel will be admitted by weight at 471 percent a pound under Section 6.

I. F. Fischer Board of United States General Appraisers New York J. McCoy Company Wileckes & Co H. Baker & Co Nash & Co

Provident Life Stock Offered and Withdrawn at Auction

Provident Savings Life Assurance Society stock totaling 327 shares held by E R and O F Thomas was presented for sale at the exchange salesroom but withdrawn before bidding. Two blocks from Mechanics and Traders Bank and Metropolitan Trust Co were offered but pulled with no reasons given. Loans collateral tied to the Thomases' control aim to allow banks to gain title for a likely April stockholders meeting to back new management.

Provident Savings Life Assurance Society of New York E. R O. F. Thomas Philadelphia Exchange Mechanics and Traders’ Bank Metropolitan Trust Company Provident Life Hudson Trust Company Consolidated National Bank Roems of O. F. Tromas Thomases

The Most Useful Citizen Jacob Kils Railroad Reform

Robert Greusel reports for the Tribune on Jacob Kils and his work reforming life in the sigma community related to railroad earnings and civic improvement.

Jacob Kils Sigma Robert Greusel Tribune

New York Central Dividends Cut to Five Percent

New York Central & Hudson River Railroad directors cut the quarterly dividend to 1 percent, lowering the annual rate to 5 percent. The move follows a December 6 percent era and triggered a stock decline from par to 95½ and a close at 6 on the day. Payable April 15.

New York Central & Hudson River Railroad Company New York Central Wall Street

Market closes under heavy pressure on bleak weather conditions

Unfavorable weather curtails outside securities activity with prices mostly down and swings limited. American Tobacco spiked nine points before retreating to close near the previous level while Standard Oil dropped three and Chicago Subway fluctuated then fell. Nevada Consolidated and Cumberland-Ely rose, Nevada Consolidated 6s up five points as mining shares showed mixed to quiet movement.

American Tobacco Standard Ol Chicago Subway Boston Butte Coalition Nevada Consolidated Cumberland-Ely S. Greene-Cananea Montgomery Shoshone Goldfield

Illinois Central Directors Vote to Increase Capital Stock

The Illinois Central Railroad directors met in Chicago and voted to call a May 18 stockholders meeting to approve a 30 percent capital increase. Half of the new stock would be issued at par to stockholders, the rest held in treasury with potential convertible bonds. J Ogden Armour was elected to the board, replacing Stuyvesant Fish, amid shifts from Harriman aligned plans favoring equipment trusts.

Ilinois Central Railroad Company Stuyvesant Fish J. Ogden Armour B. H. Harriman Fish Harriman Wall Street Illinois Central Harrimar Justice Ball Chicago Union Pacific Railroad Securities Company

Rhode Island Cotton Mills Agree to 10 Percent Wage Cut

Notices will post a ten percent wage reduction in Rhode Island cotton mills starting April 6. A conference saw large mill owners sign the agreement and most smaller operators expected to join by Friday. About thirty thousand workers are to be affected.

Providence Rhode Island

New York Surrogate Court Probate Notices Across Several Executors

The notice cites multiple executors and heirs in probate actions for wills of George V. N. Baldwin Maurice Seligmann Madson Morganstern and others in New York County. It orders appearances on specified dates to attend probate hearings and details guardian requirements for underage heirs. It lists attorneys and court details for each proceeding.

Washington State of New York Frank L. Waite Edmund C Watte Cambridge New York Martha E. Waits Frank L. Waits Marie Louisa D. Taylor Estelle Dunlop Rachel KE. Disston Robert W. Dunlop Luella 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 County of New York County of Len Abner C. Thomas Said Daniel J. Dowdnety Charles Sumner Miller Nassau Street Borough of Manhattan Newart City George V. N. Laldwin Daniel J. Dowdney Elias Asiel Mathilde Seligmann George A. Seligmann Arthur Seligman Maurice Seligmann Albert Blum City of New Yor Charlies H. Beckett Surrogates Kurzman & Frankenheimer Broad Street Borough of Manhattan New York City God Io Lewis Wolf Alfred Frankenthal Max Frankenthal Paul Frankenthal Moritz Frankenthal Decedent Alice Arnold Milton Frankenthal Fred Fritz) Frankenthal Carl Frankenthal Alexander Sahlimann Joseph Sahlmann Ricka Baer Julie Baer Ida Adelsdorter Mathilde Kien Doris Neuhauser Siegfried Sahlmann Madson Morganstern Albert G. Morganstern L.S Charles H. Beckett Daniel J. Dowdney, Clerk of the Surrogate’s Court Wolf, Kohn & Ullman Broadway State OF Gerald Fitz-Herbert Delamer American Surety Company of Thomas A. Phelan Hall of Records Geraldine FP. SkKillin County Augustus H. Skillin Pine Street

Chicago Wheat and Corn Rally Boosts Prices in Local Market

Chicago March 18 Wheat May up 4 cents on strong Liverpool demand and bullish European markets. Corn May near top, advancing to 67% and closing around 67% to 674 cents. Oats and provisions firm with renewed buying by shorts and packers. hogs and lard also higher. Estimated tomorrow receipts include wheat, corn, oats, and hogs.

Chicago Liverpool Commission Minneapolis Duluth Shorts May Park

Cattle and Hogs Markets across Cities Rise and Hold Steady

Chicago receipts about 16 000 head with steady to strong tone. Kansas City and Cincinnati reports show hogs and cattle up to 10-15 cents higher, with varying ranges for steers bulls and sheep. Buffalo and Pittsburgh receipts mix of primes, mediums, and roughs with prices noted for veal calves and stockers.

Chicago Ted Cincinnati Kansas City Pittsburg

Foreign Government Securities Bid and Asked Prices

A list shows bid and asked prices for various German and Mexican government securities including Cologne Bavaria Munich Hesse Augsburg Saxony Hamburg and Federal notes. The columned quotes include percentages and cash prices. A closing remark references a Shorty McCabe story by Sewell Ford and teases the next Sunday Tribune.

Cologne C of Munich Hessian Augsburg Saxony F On-M Hamburg Hiram Shorty McCabe Sewell Ford Tribune

Also Mentioned on This Page

NY Peace For Oriental Wil Keard Perry Union Outside Securities Bay State Gas Ing Aee ' Ee Alaska Delamar Barnes King Butte & N Arizmelt nberland-Ely General Mines A Giroux Goldfield Daist Goldfield Gt Isis Mitchell Lson McKinley-Darragh Montez Mont-Shoshone Nevada Utah Nipissing M Co North Butte Pitts TEL Ives Stewart Su & Pitts Tonopah Belmont Nie Ee S Trinity Copper el al Allis—talmers I. C Armour Rio Hart & Conn W Alb & Susq Cs Alb & Vermor Cent Joliet & Chic Aliegh & West Tel & Cable LSNAR Mahon Coal Beech Creek H & Ss H Morris & Exses Bost & Albany Nash & Decatur Any Bost & Lowell Nashue Ase Bost & Prov Oo N J Trans Co Bway 7Th Nor & War Vt Ogden Mine Chris Old Colony Cleve & Pitts Oswego & Syra Col & Xenia Pac & At Com Union Me Pat & Hud Riv Concord & Mon Pat & Ramapo Eae Conc & Ports Sae Veorla & B Vy Cc & Pass Pf Ly *Hi Trenton Conn River Pitts B & L E del & Edmae Pitts Fe del Hills & 8 Do Special East Penn Oo Pitts McK & Y East Mahano Avenue Prov & Wore Fighth Renns & Suara Elm & William Roch & Gen Vy Rwé&O Frie & Kalam Second Avenue Erie & Pitts Sixth Avenue Fitchburg W & J Pl Southwest RR St & G BRS Franklin, Tel Mirr & B Gold & Stk Utica Clin & B GRR & B Co Utica & Elk Riv Goshen & Dec Grand River Wee Utica Charles D. Barney South 4Th Street Street Am Cement Lehigh Val R R Big Am Ry Co Marsden Cambria & Steel Phila Co Elec St Bat Co Penn KR Elec Co of Penn Steel Co Ne Fair Lehigh Phila Elec Jackeon Gas Kan City Lafay Gas Log & W C Bingham Mutual Eden Paterson & Pasg Denver Gas INGS St Paul Gas Indianapolis Syra Lt & P Wand Interest Hendrickson Atlantic City Plymouth Old Point Comfort Pinehurst Niagara Falls Thos. T. Hendrickson Fulton St Brooklyn Chicago Grain and Provisions Telegraph van Schaick & Co Trail Street United Railway Nort Ry & Is Light & P Chas City Seaboard Union Trust Third Nat Bank Fidelity & Dep Consol Gas Maryland Trust Nor Cert Ry Cobalt Toronto Stewart Lockwood Wills, Co Buffalo Nova Scotia Central Peterson Lake Dennis Walter J. Buzby Warlboronai- Blenheim Ocean Front White Plana Josiah White & Sons Alen Hall Omterien F. LL Young Traymore N. J Traymore Hotel Conan Chas Marquette Haddon Hall Leeds & Lippin Chalfonte Atlantic Teeds Company Morton Virginia Ave Beach M. J Beth Holmhurst Pennsylvania Ave W. J Ocean View Henry Darnell Monticello Kentucky Ave Near Atlan NS. J. Modern, Lass Seaside House N. J. Om F. P Lakewood Paris James Beeeby Laurel House A J. Murphy D. P. Simpson Laurel-In-The-Pines Frank F. Shut Lake~ Wood Brown Browns In-The-Pines New Jersey Penna. R Beer Nave Montclair Paneer Montclair Hotel CO Alvord F. B. Alvord Brick Church Station Hast Orange Briarcliff Lodge Briarcliff B. Plumer Virginia Virginia Hot Springs Fifth Avenue Pennsylvania Railroad Fred Sterry Hot Springs the Hotedt Alphin Bermuda ST. George Ag Berlitz School OF Languages Madison Square Harlem Lenox Ave Th St Court St Newark Scheuer Bu Accenta West 141St St Eeer American and Foreign Teachers’ Agency M. J. Young-Fulton Clarence Ke Cellon
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