AT&T reports huge gains for 1907 with calls per person rising
The American Telephone and Telegraph Company unveils a 1907 income of 22.48 million dollars, up 5.62 million from 1906, with 3,035,533 telephones in use on January 1, 1908. Wire mileage and daily exchange connections rise, while President Theodore N. Vail urges public, independent control to curb duplication and waste.
MENTIONED IN THIS ARTICLE
American Telephone and Telegraph Company
Tribune
American Telephone and Telegraph System
Theodore N. Vail
Bell Telephone Companies
United States
New Locomotives Ordered by New York Central
The New York Central plans 136 new locomotives through a close contract with American Locomotive Company. Some units will serve passenger and freight needs, with a few electric locomotives. Production hinges on material supply and will be funded by a recent $36 million equipment trust issue.
MENTIONED IN THIS ARTICLE
Elose Touch
American Locomotive Company
New York Central
Steamship Bonds Deposited as Reorganization Progress
Equitable Trust Company deposits between 5.09 and 36.4 million dollars in Consolidated Steamship Lines collateral 4 per cent bonds, bringing total deposits above 30 million. Reorganization committee led by Alvin W. Krech holds a 4 vote majority of the 59.955 million bonds, with plan not yet released to the public.
MENTIONED IN THIS ARTICLE
Equitable Trust Company
Consulidated Steamship Lines
Alvin W. Krech
Freight Agents Discuss Rates at Grand Central Station
New York Central line freight agents met at Grand Central Station to consider possible freight rate increases. They are unlikely to file a separate request with the Interstate Commerce Commission, but may join a broader action by other railroads seeking higher rates.
MENTIONED IN THIS ARTICLE
New York Central
Grand Central
Interstate Commerce Compission
The Most Useful Citizen Jacob Kiis Reforming Life
Short feature on Jacob Kiis and his work in reforming civic life. Helmed by John Hubert Greusel for Sun Ae Iitoune, the piece profiles Kiis as a guiding figure shaping public service and community improvement.
MENTIONED IN THIS ARTICLE
Jacob Kiis
Ams
John Hubert Greusel
Sun“ae Iitoune
Bank of England cuts discount rate to 3 percent
London reports the Bank of England reduced the discount rate from 3% to 3 percent, sparking mild cheer but little price change. Consols slipped. American securities opened weak then firmed, while foreign bonds held steady as money supply remained ample and dividends loom.
MENTIONED IN THIS ARTICLE
London
Bank of England
New York
Wall Street
Paris
Transfer of Oriental Bank Assets Under Court Order
The Oriental Bank assets and books were transferred yesterday by temporary receivers to the State Banking Department under Justice O Gorman's order, affirmed by the Appellate Division. Clark Williams supervised the transfer as State Superintendent of Banks. a prior AG request to impound assets until dissolution was noted, and further proceedings on the appeal were scheduled. Philbin Beekman & Menken said they would seek turnover of assets to Oriental directors.
MENTIONED IN THIS ARTICLE
Oriental Bank
Carnegie Trust Company
Henry Schneider
State Banking Department
Justice O'Gorman
Supreme Court
Clark Williams
State Superintendent of Banks
Williams
Oriental
Jackson
Metropolitan Trust Company
Willams
Philbin
Beekman & Menken
Appellate Division
Court of Appeals
Agreement for cheap eggs influences storage loans
Telegraph reports banks will lend no more than 10 cents a dozen on cold storage eggs in 198, easing prices nationwide. Pittsburg and other cities will store millions of cases, with local dealers capping purchases at 15 cents a dozen. Chicago markets show fresh eggs at wholesale about 14 cents and retail near 2 cents, amid a flood of supply.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
New York
Chicago
Boston
Philadelphia
Cincinnati
Texas & Pacific Receiver Action Considered by Texas Railroad Commission
The Texas Railroad Commission weighs receivership against the Texas & Pacific Railroad under a federal charter for failing to meet Texas road improvement orders. Chairman Allison Mayfield, after inspecting the line, will pursue any action the commission approves.
MENTIONED IN THIS ARTICLE
The
Tribune
Austin
Tex
Texas & Pacific Railroad
Texas
Allison Mayfield
Bank of Bombay Reduces Discount Rate
The Bank of Bombay lowered its rate of discount from 9 percent to 3 percent. The move, announced from Bombay on March 19, aims to spur lending and stimulate business activity.
MENTIONED IN THIS ARTICLE
Bank OF Bombay
Bombay
Offer Gas Light and Coke Co Bonds Notice
N. W. Harris & Co. have purchased and are offering investors $1,000,000 People's Gas Light and Coke Company Chicago refunding mortgage 5 per cent bonds of 197.
MENTIONED IN THIS ARTICLE
N. W. Harris & Co
Gas Light and Coke Company
Chicago
Fear of strike closes Gould shops
Marshall Texas March 19 telegraph to The Tribune reports fear that a shopmen strike on the Denver Rio Grande system could spread to Gould mines in Texas. The Texas & Pacific shops in Marshall were shut today with doors bearing Retrenchment Shut down decided upon April 1. About one thousand men are idle.
MENTIONED IN THIS ARTICLE
Tribune
Marshall
Tex
Denver & Rio Grande
Gould
Denver
Denver & Rio Grande Railroad
Burnham
Oil rebates noted in railroad hearing and steel work at Mingo
In Cleveland on March 19 the Standard Oil hearing cited rebates to independents and Standard Oil from railroads during the oil boom. Carnegie Steel at Mingo Junction won a $50,900 trunk sewer contract to employ idle workers. Other items include bank insolvency charges in Chicago, rail layoffs and strikes in Reading Denver Nashville Boston Barre Amesbury Springfield Chicopee with wage cuts and layoffs, affecting hundreds of workers.
MENTIONED IN THIS ARTICLE
Cleveland
Independent Oil Refiners
Standard Oil Company
Standard Oil
Lewis Emery, Jr
Bradford
Penn
Steubenville
Ohio
Carnegie Steel Company
Mingo Junction
Barre, Wi
Amesbury
Mass
Hamilton Woollen Company
Springfield
Dwight Manufacturing Company
Chicopee
Chicopee Manufacturing Company
Chicopee Falls
Huge Sum for Prussian Railroads Bill Demands 125750
Berlin March 19 The Lower House tabled railroad bill seeking about 125750 for Prussia secondary railroads. Funds to be raised by a loan.
MENTIONED IN THIS ARTICLE
Berlin
Prussia
Mining notes and corporate moves in Nova Scotia and Peru
Nova Scotia mining engineer W F Jennison says the Micmac property may lie near an anticline dome, implying large untapped gold leads and high potential profits with assays up to 3 percent per ton. Also covered is Cerro de Pasco Copper Company forming a holding group, linking Cerro de Pasco Mining Co and Cerro de Pasco Railway with financing by The Cerro de Pasco Investment Company.
MENTIONED IN THIS ARTICLE
W. F. Jennison
Nova Scotia
Miemac Mining Company
Cerro de Pasco Copper Company
Cerro de Pasco Mining Company
New Jersey Corporation
Peru
Haggin and
Hearst
Cerro de Pasco Railway
Cerro de Pasco Investment Combe Minespany
Business Troubleshitters. Multiple bankruptcy petitions and judgments filed
Three judgments totaling 13741 against Archer & Co. and Allison M Archer in favor of Walter B Manny on notes dated 1907. Voluntary bankruptcy petition by George J Anderson with 6908.29 debts. Wolff Brothers liabilities 13981.59 assets 8596.54. Willis B Dowd named receiver for New York House Furnishing Goods Co. Edwin Polosky schedules show debts 11655.34 assets 8631.83. Involuntary petition against Patrick McDonald undertaker at Mount Vernon by HL FE Taylor with 4190 goods sold.
MENTIONED IN THIS ARTICLE
Archer & Co
Broadway
Allison M. Archer
Walter B. Manny
United States District Court
George J. Anderson
Manhattan Avenue
Wolff Brothers
Avenue C
East
Houston Street
Willis B. Dowd
New York House Furnishing Goods Company
Reade Street
Edwin Polosky
East 11Th Street
Patrick McDonald
Mount Vernon
N. Y
HL. FE. Taylor
East 23d
Taylor
Steel conference shows cheerful mood cites price stability
Ex Judge E H Gary chairman of United States Steel presides at a steel conference noting sentiment favors maintaining prices. Attendees from Republic Iron and Steel Jones Laughlin Pennsylvan ia Steel Cambria Bethlehem Inland La Belle Rogers Brown Latkawanna Sloss Sheffield Sharon Maryland and other iron ore and blast furnace firms report improved conditions and plan a further meeting in April.
MENTIONED IN THIS ARTICLE
E. H. Gary
United States Steel Corporation
Gary
Republic Iron and Steel Company
Jones & Laughlin Steel Company
Pennsylvania Steel Company
Cambria Steel Company
Bethlehem Steel Corporation
Inland Steel Company
la Belle Iron Company
Rogers, Brown & Co
Latkawanna Steel Company
Sloss-Sheffield Steel and Iron Company
Sharon Steel Hoop Company
Maryland Steel Company
Western Maryland Certificates Move Toward NYSE Quotation
The committee of Western Maryland Railroad Company bondholders led by Alvin W. Krech reports a large majority of bonds deposited or pledged. An application will be filed to admit the certificates to quotation on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
Chicago
Bankers Trust Company
Wall Street
New York City
New York Stock Exchange
Western Maryland Railroad Company
Generalien
Alvin W. Krech
Rio Tinto Dividend Reduced in London Message
A London cable states Rio Tinto declared a dividend of 49 shillings, down 7 shillings 6 pence from October. The semi annual report shows 99000 pounds written off for depreciation and a 26000 pound surplus carried forward.
MENTIONED IN THIS ARTICLE
London
Rio Tinto Company
Burgoyne Hamilton Assigns to Franklin Lockwood
Burgoyne Hamilton stock broker of 42 Exchange Place assigned yesterday to Franklin Lockwood. Hamilton, a Consolidated Stock Exchange member for about a year, has offices at 43 Exchange Place. The move followed nonpayment by some customers on margin calls. 4 Father's Blessing is a love story by Charles Belmont Davis. see next Sunday's Tribune.
MENTIONED IN THIS ARTICLE
Burgoyne Hamilton
No. 42
Exchange Place
Franklin Lockwood
Hamilton
Consolidated Stock Exchange
No. 43 Exchange Place
Charles Belmont Davis
Tribune
Probate notice for Margaret Terry heirs in New York
The Surrogate's Court of New York County issues a probate citation for Margaret Terry’s will and codicil. Named heirs and kin including Albert W Terry and Elizabeth Haybeck must appear March 24 1908 to probate two instruments from 1804 and 1855, with guardianship arranged for underage claimants.
MENTIONED IN THIS ARTICLE
State OF
New York
Salomon Co
Loewenstein
Max Loewenstein
Jennie Schoenewald
Pauline
Louis Loewenstein
E" ii
Arthur J Mack
City of New York
County of New York
County of
I. S
Abner
Thomas
Daniel J. Dowdney
Surrogate’s Court
Ann B. Hall
Isabel M. Hall
Alice H. Duncan
Sophia V. Linhm
Frances J. Stewart
William N. Beach
Albert C. Hall
Audrey B. Hall
Isabel McRae Duncan
Henry Bluhm
Marie Stewart
Mary R. Ritch
Helen W. Ritch
Aivah Hall
Said
Hall of Records
Albert
B.P.H. Hon
Abner C. Thomas
Anna Julie Gessner-Ernst
Friedrich Ernst
Karoline Ernst
Heinrich Ernst
Katharina Elisabetha Sulzer Ernst
Emilie Berta Kohl-Ernst
Jakop Thedor Ernst
Susanna Sparmann-Ernst
Robert Ernst
Julian Ernst
Switzerland
County of News
Adolph Rusch
Emile Ernst
Charles Heckett
Albert W. Terry
Andrew Jackson Terry
Laura Grant Fairbrother
Amanda M. Thompson
Louisa Grant Mytinger
Daniel Zelley
Charles F. Terry
F. Milton Terry
Mary Terry Grantham
David
Terry
Samuel D. Terry
Franklin Lee Terry
Charles Terry, Jr
Elizabeth Haybeck
Caroline Tinsman
William H. Furter
Albert Haybeck
Annie €. Lazee
Caroline F. Horner
Catharine Glaum
Catharine Lentz
Emma Walker
Oliver P. M. Custin
George W. Custin
Franklin Cu
Margaret ‘Terry
Charles T. Dotter
Margaret Terry
Arner C. Thomas
Fred W
Alfred EF. Hinrichs
William St
N. Y. City
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