Blind Account No 25 Emerges in McIntyre Brokerage Probe
The McIntyre case opened before Commissioner Gilchrist as George C. Ryan and Edward F. White testified about a firm book account labeled No 25 that belonged to T A McIntyre. The inquiry revealed a 15000 share shortfall at failure including 3500 Reading shares amid strained partner relations and denials of insolvency from McIntyre. Adjournment set for Monday with indication McIntyre may be examined again and a Stock Exchange probe ongoing.
MENTIONED IN THIS ARTICLE
T. A. McIntyre & Co
Holt
United States Circuit Court
Gilchrist
Federal
George C. Ryan
Edward F. White
T. A. McIntyre
Reading
Maurice Leon
Frederick M. Lockwood
Intyre
Hardware
Ernst
Charles C. Burlingham
Ryan
Thomas A. McIntyre
Arthur Peck
Syracuse
Mr. Peck
Thomas A. McIintyre
John G. McIntyre
Stock Exchange
Chicago Board of Trade
The
Trust Company Merger Defeated By Stockholders
Equitable and Mercantile trust companies vote down their proposed merger after adjourned meetings. Directors state it is best for both to remain separate. dividends of 5 and 3 percent declared, covering periods of prior deferral due to litigation. Henry Deming’s successor at Mercantile expected to be elected soon.
MENTIONED IN THIS ARTICLE
Equitable
Mercantile Trust Companies
Financial District
Bainbridge Colby
Equitable Trust Company
Charles W. Morse
Mercantile
Henry ©. Deming
Mercantile Trust Company
Higgins Sues Co-Receiver Over Fees From Bank Case
Charles M. Higgins, a Brooklyn Bank receiver, sues Bruyn Hasbrouck to recover 2.73 and fees paid to Higgins's lawyers. Higgins alleges Hasbrouck appointed Dolson as counsel without consent, voiding the contract. He says 2 percent of bank assets paid to Dolson was wasteful, with Dolson later replaced by James Church and J. Edward Swanstrom.
MENTIONED IN THIS ARTICLE
Charles M. Higgins
Brooklyn Bank
Bruyn Hasbrouck
Higgins
Charles M. Stafford
Charles A. Deole
Hasbrouck
Dolson
Lowest ebb in railroad traffic in April
A bi weekly statement from the American Railway Association shows a startling drop in railroad traffic in April across 153 railroads in the United States and Canada. Tie cars rose from 307 47 to 375 770 in early April, the greatest total in U S railroad history, indicating a slower business ebb than during the panic with February surplus at 343 925.
MENTIONED IN THIS ARTICLE
Chicago
American Railway Association
United States
Canada
Corn Products chief says price disputes settled
FE. T. Bedford, president of the Corn Products Refining Company, said the Chicago report of price cutting between Isis Company and Royal Baking Powder Company is false. He added starch prices were cut by 2 points while glucose prices remained unchanged.
MENTIONED IN THIS ARTICLE
FE. T. Bedford
Corn Products Refining Company
Chicago
Isis Company
Royal Baking Powder Company
Annual Profit Sharing Plan Phrase Appears in Concession
A fragment notes a commitment to act only in connection with the annual profit sharing plan. The terse line implies conditions around distribution or participation tied to the company’s financial program within the period referenced.
Cheney Appointed Third Deputy State Bank Superintendent
O H Cheney senior member of Cheney Schenck Stockell law firm was named by State Superintendent Clark Williams as his third deputy in charge of the New York office. He vows thorough banking examinations and plans to enlarge facilities and staff to handle increased work. Cheney, a banking law specialist since 1857, has served on banking boards and taught the subject.
MENTIONED IN THIS ARTICLE
O. H. Cheney
Cheney, Schenck & Stockell
Broadway
Clark Williams
Cheney
New York
Williams
Albany
New York Law School
Twenty-third Street Young Men's Christian Association
American Institute of Banking
Westinghouse stock plunges after pro rata issue circular
Westinghouse Electric shares fall 49 points to 46 after a circular to stockholders warned of foreclosure risk unless pro rata subscriptions to the 19 million dollar new stock were made. The stock later rallied to 47 1 2 as investors weighed reorganization progress and subscription deadlines through June 1.
MENTIONED IN THIS ARTICLE
Westinghouse
Westinghouse Electric and Manufacturing Company
George Westinghouse
Interborough Notes Allotted After Subscription Rush
The Interborough Rapid Transit Company allotment of 25,000 of six percent three year notes was made yesterday by J. P. Morgan & Co. Roughly one note for every two subscribed. Subscriptions under twenty were filled in full. 29 to 100 notes got 1 percent. 120 or more took 9 percent. About 12,000,000 of the 15,000,000 notes accepted new notes, par polders of over which mature.
MENTIONED IN THIS ARTICLE
Interborough
Interborough Rapid Transit Company
J. P. Morgan & Co
Forday
United States
Republic of Mexico
Mexican Central Railway Company, Limited
Federal Government of the
Central Trust Company OF
New York
Wall Street
Boston
Kidder, Peabody & CO
Devonshire Street
National Railroad Company OF Mexico
Mercantile Trust Com
Te Torso Mentone, Wey
London
J. Henry Schroeder & CO
Glyn, Mills, Currie & CO
Amsterdam
Hope & CO
Banco Nacional DE Mexico
Cen
Upos
Government of
Mexico
Mexican Central Railway Securities Company, Ltd
Ter Fean Central Railway Company, Limited
Mexican Central Railway Empany, Limited
Union Pacific
Hiss
Acon Nemibae Cael - Hsa
Pennsylvania
Garriott Jeter Gstr
Kanawha
Michigan
WPAN
West Jersey & Seashore
Alabama
Great Southern
Pittsburg
Erie
Gee
Sapte
Cincinnati
New Orleans
Texas Pacific
Southwestern
Long Island
Detroit
Toledo & Ironton
Detroit United
Hartford
Anak
Aw Haven
Toronto
Hamilton
Buffalo
Southern Pacific
Mamata of
Latina A
Soli Mare de Mprs
Saca
Aurora, Elgin & Chicago
Goisist
F.sokiop
Begga
Estes
Leo
Eee
Chapecs Oo
Toledo & Ohio Central
SS Sen
Tacoma
Wabash Railroad Company
E& Ohio
New York Stock Exchange
Iki
Inc
CLN Oy
osSienn Naceace
ORR
Hocking Valle
Eae Inc
Bond Dividends Payable After May First 1908 at Winslow, Lanier Co
Winslow Lanier and Co at 59 Cedar Street New York announces coupons and dividends payable at their banking house on and after May 1 1908. listed are various bonds notes and bonds including American Cotton Oil Cleveland Pittsburg Road Cambridge City Water Works Marion Indiana Niagra Falls Power Canadian Collateral debentures Series B and C Pittsburg Ft Wayne Chicago Ry Co municipal bonds Portsmouth Ohio Water Works Refunding Bonds and several Indiana gravel road and school funding issues with May 12 and May 15 payment dates.
MENTIONED IN THIS ARTICLE
American Cotton Oil Co
Cleveland
Pittsburg
Cambridge City
Ind
Water Works & Street Imp
Connersville
Greenfield
Massillon & Cleveland Rd. Co
Marion
Indiana
Niagara Falls Power Co
Wayne
Portsmouth
Ohio
Dearborn County
Posey County
Starke County
Owen County
Marion County
Par exchange replaces cash in curb market notes deal
In a curb market transaction the parties exchanged for par instead of cash. New notes traded down to Mg with a 1 percent recovery on 4s, reflecting a tightened market response and reduced liquidity for those securities.
Morawetz to Quit Chairmanship of Santa Fe Committee
Victor Morawetz, longtime chairman of the executive committee of the Atchison Topeka Santa Fe Railroad, announced plans to retire from the chairmanship to rest and pursue other interests. He said no friction with President Ripley or directors prompted the move, and that the company is in good order. The resignation will be considered at the May 6 board meeting, with Morawetz undecided about leaving the director post.
MENTIONED IN THIS ARTICLE
Victor Morawetz
Atchison, Topeka & Santa Fe Railway Company
Ripley
Mr. Morawetz
Morawetz
Atchison
The
Road
Walker D. Hines
Business Troubles in City Bankruptcy Filings
Involuntary petitions filed in U S District Court against Charles Efros furniture dealer at 1600 Madison Avenue by American Oil Cloth Co Kramer & Ninberg and Bennett Berman with claims 57 80 Francis H Griffin named receiver Involuntary against Gedalia Greitinger cloak and suit maker 119 Division Street by Abraham Shapiro Isidor Groob Bernard Schneider claims 558 39 Roderick Tern trustee Involuntary against Hendrick Hudson Iron and Steel Works 60 to 815 West 56th Street by National Blue Print Company William L Hrower and Elmer P Morris Co claims 1288 60 receiver George E Leonard Involuntary against Herts Brothers 23 West 35th Street by Arnold Constable Co Julius E Siegel Alexander Reiman claims on notes 92 9 Cornell trading Involuntary against Daniel Cornell Co 137 Fulton Street by Elias Schattman George Churchill Vincent Fabine claims 598 96 Voluntary John F Cambies milk dealer 3 West 13th Street assets 1361 2A
MENTIONED IN THIS ARTICLE
Charles Efros
Madison Avenue
American Oil Cloth Company
Kramer & Ninberg
Aml Bennett
West 3Sth Street
Arnold, Constable & Co
Julius Ie. Siegel
Alexander Reiman
B. Cornell
Daniel
Daniel Cornell & Co
Fulton Street
Elias Schattman
George ¥. Churchill
Vincent Fabine
Volunary
John F. Cambies
West 13Th Street
Foreign government securities bid and ask prices
A list of government bonds from German states and other regions shows bid and ask quotes. Included are Bayern Baden Hessian and Hamburg state 3s and 4s with varying bids and asks, plus Mexican government gold bonds and Cologne 4s with another set of prices.
MENTIONED IN THIS ARTICLE
Munich
Augsburg
Hamburg
Cologne
Railroad Earnings March Gross Reported
March earnings show gross totals of 406 480, 425 405, and 561 237 dollars for the railroad company. These figures reflect the period's performance across divisions and indicate a robust revenue level amid seasonal activity.
Also Mentioned on This Page
Mintyre
Trust Company
Equitable and Mercantile
C. M. Higgins Sues
Brooklyn
Guaranty Trust Company OF New York
Underground Electric Railways Company OF London, Ltd
Speyer & Co
Speyer Brothers
Lazard Speyer-Ellissen
Frankfort of Main
Teixeira de Mattos Brothers
London and Westminster Bank, Limited
Guaranty Trust Company of
Associatio Cassa
KER Trust
Atlantic Coast Electric Railroad Co
Bay Shore
N. Y
Union Free School District
Columbus, Buckeye Lake & Newark Traction Co
DuBois Electric & Traction Co
Collateral Trust
Fifth Avenue Estates General
Fort Madison Water Co
Leadville Light & Power Co
Marietta, Columbus & Cleveland Railroad Co
Missouri Pacific Railway Co
Michigan United Railways Co
Northern Cambria Street Railway Co
Patchogue Mfg. Co
Pelham Manor
Village of
Rochester Gas & Electric Co
Consolidated
Rochester, Syracuse & Eastern Railroad Co
Rockland Light & Power Co
Rocky Mountain Coal & Iron Co
Ist
Safety Insulated Wire & Cable Co
Sing Sing Gas Mfg. Co
Southern States Land Co
Watervliet Hydraulic Co
United States Mortgage & Trust Company
Cedar Street
New York City
Auburn Telephone Company
Camden County
N. J
Catlettsburg
Kenova & Ceredo Water Co
Cold Spring
Elberton
Elyria
Water Works
Englewood
N. Low
Franklin County
Bridge- International Magazine
Lawrence Water Company
Long Island City
Flushing
R. R. Co
Long Island City & Flushing
Luyuies Brothers
Memphis
Minneapolis
United States Mortgage & Trust Co
Valley Counties Power Company
Wisconsin Central Ry
Marshfield & S.E
Superior & Duluth
Granby
American Exchange National Bank
Edward Burns
O. H W. Cheney
Winslow, Lanier & Co
Cedar Street, New York
Santa Fe
United States District Court
Francs
Carlton S.co
Cols Chauvelot
Ins
National Railroad Company of
Ted
Ted National Road Company of Mexico
Justment
Union of Mexican Central Railway Company, Limited
National Railways of Mexico
Goya New Company
Ferrocarriles Nacionales de Mexico
Nationalrnment
Scrip
Scrip Ae
Toc
Se Boo
Swiss Bankverein
Deposit Railway Company Limited
First Consolidated Income Mets
Spever & Co
Hathcarten & Co
Bank Fur Hanpet and
Ixpusrnte
Berutner Handelsgesellschaft
M. V. R. Weyant
Broad Street
Sixth Avenue
George Bieler, Son & Co
American Palace Car Company
William Street
George A. Dunham
Beach & Chapman
Townsend & Dix
Nassau Street
Lord’s Court Building
George A. Denham
Columbia
Beulah
Frontenac
William E. Verplanck
Louis Sherman
Third Avenue
Ninth Avenue
Jacob Sherman
J. Thomas Reinhardt, ‘Zest
Broad St
M. Y
Foreign Government
Wabash Railroad
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