New York Life gave gifts to Merchants' Association at King's urging
An investigation shows New York Life inspected contributions totaling about $15,000 to the Merchants' Association of New York upon William F. King’s requests while he led the Metropolitan committee. Letters reveal rent, ads, and special bills were routed through the company, with a 2,500 dollar check recorded as an expense and later large donations justified as public relations value.
MENTIONED IN THIS ARTICLE
New York Life Insurance Company
Merchants’ Association of New York
William F. King
Metropolitan Committee
Jerome
John A. McCall
New York Life
Merchants’ Association
McCall
King
Mgper
Insurance Company
Mr. King
Gus Schwab
Charles H. Webb
Frank Squier
Merchants
Assen
Bmiccall
Hing
Ming
Boston Stock Firm Nickerson Simmons Buss Suspended
The Boston firm Nickerson Simmons and Buss on State Street was suspended on the Consolidated Stock Exchange tour. H C Nickerson was a board member and had joined the exchange recently. The firm mainly traded in curb stocks with no local contracts. A Boston dispatch cited overspreading itself in curb stocks as the cause, valuing liabilities around 3 6 percent and assets near 56 000.
MENTIONED IN THIS ARTICLE
Nickerson
Simmons & Buss
State Street
Boston
Consolidated Stock Exchange
H. C. Nickerson
Consolidated Exchange
Wall Street
John M. Kendricken
As- Signes
Ite
Dispatch
Secret Kangaroos Society Allegedly Controls Canal Zone
Passengers aboard the Panama Line Camer Alliance arriving from Mitmus report a strong secret group among canal zone government employees. They say the society named the Kangaroos seeks fair play for minor workers. Secretary Tet arrived during the sailing and received an enthusiastic welcome.
MENTIONED IN THIS ARTICLE
Panama
Camer Alliance
Mitmus
Bes
Canal Zone
Kangaroos
Alliance
Tet
Socialist ministers all wary at secret meeting
A meeting of the Ministers' Socialist Conference was held yesterday in secret, with clerics who advocate socialism. Rev Cor John D Long reported that names were kept confidential to protect those opposed to socialism while the gathering was well attended and included outsiders. The Rev Long, a pulpit figure in one of the country’s most affluent Reformed churches, warned the secrecy was to avoid embarrassment over supporters and opponents alike.
MENTIONED IN THIS ARTICLE
Socialist Conference
Cor
John D. Long
New York City
Erie Railroad Changes Bring Managerial Shuffle
Major M W De Wolf of the Erie Railroad will become a May special agent with offices at 1 Church Street. He will be succeeded by H Stedbin, then by W Crew as foreign freight agent. Crew will be replaced by T G Skidmore of the Erie Despatch in St Louis.
MENTIONED IN THIS ARTICLE
M W. de Wolf
General Eastern Freight
Erie Railroad
Church Street
H. Stedbin
Erie Despatch Fastee Line
W. Crew
Crew
T. G. Skidmore
Erie Depatch
St. Louis
Winds and Fish Fluctuations Across New South Wales Coast
Fragmentary notes describe how coastal winds affect fishing yields along New South Wales. The pattern shows multi year cycles with periods of three to four years, causing boom and lull in catches, but exact causes remain unclear. Future prospects depend on wind directions forecast years ahead.
MENTIONED IN THIS ARTICLE
New South Wales
Knickerbocker Trust to Anticipate Two Instalments
Knickerbocker Trust directors decided to advance two planned instalments due June 26 and September 26, 1908, totaling about 2.5 million dollars. The move, praised by financial circles, reflects a faster-than-expected return to normal operations after the March 26 resumption.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Company
Knickerbocker
Western Pacific Notes Sold for Finishing Rail Line
The Denver and Rio Grande, for Western Pacific, sold 15 million dollars of three to five year 5 percent convertible notes to Blair & Co William Salomon & Co and William A Read & Co. The notes are backed by a second mortgage on Western Pacific bonds at 7 percent. The Gould interests expect this to finish construction and provide equipment to start operations. If funds fall short, the Denver and Rio Grande will raise additional capital.
MENTIONED IN THIS ARTICLE
Denver & Rio Grande Railroad Company
Western Pacific
Denver & Rio Grande
Gould
Blair & Co
William Salomon & Co
William A. Read & Co
Note swindlers face charges in district court
Charges of note swindling were filed yesterday at the District Attorney's office against Charlies Barry and Charlies Gundlach who are in custody. Deputy ADA Kindleberger expects more arrests as losses mount likely reaching not less than 100000. Barry arraigned at the Tombs and held in bail pending further hearing. he claimed education at Chicago and Northwestern and Illinois College of Law, admitted to bar in 1885. He cited associations with Abner McKinley John Mayo Palmer and Carl Fowler and claimed former roles with Chicago Sanitary District and German Gymnastic Union. Gundlach hearings adjourned to tomorrow amid testimony from Preston Sherman on dealings with Sherman & Co. and other witnesses noting diamond loans from Maiden Lane jewelers and resulting bankruptcies.
MENTIONED IN THIS ARTICLE
Charlies Barry
Charlies Gundlach
Kindleberger
Barry
Rogues’ Gallery
Tombs
Chicago
Northwestern
Illinois Union College of Law
Illinois Bar
Abner McKinley
McKinley
John Mayo Palmer
John M. Palmer
Carl Fowler
Bishop Fowler
Sanitary District Commission of
German National Gymnastic Union
Zabriskie, Murray, Sage & Kerr
District Attorney's Office
Kentucky Coal, Timber and Land Company
W. H. Jurner
Eleventh Avenue
Guh Street
John Joseph Campbell
Campbell
Harper & Morgan
Gundlach
Leroy F. Griffin
No. 25
Broadway
Amos H. Evans
Preston E. Sherman
Sherman & Co
Diemonds
Southern Railway to Issue Notes Near 16 Million
The Southern Railway Company plans a forthcoming note issue, estimated around 16 million dollars. The move aims to cover floating debt and near 2 million needed for equipment trust payments due midyear, with no bond maturities this year.
MENTIONED IN THIS ARTICLE
Southern Railway Company
Southern
Westinghouse Plan Gains Creditors Support
Announcement reports over 85 percent of merchandise creditors assented to the Westinghouse reorganization plan. $2,750,000 of $24,000 represented, with about one thousand of roughly 38 hundred stockholders replying. Stockholders must subscribe to one share of new stock for over four shares of old stock.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
General Electric Elects Directors in Schenectady
In Schenectady on May 12 the General Electric Company named directors Gordon Abbott Oliver Ames C A Coffin W M Crane T J Coolidge Jr B E Sunny George P Gardiner Henry L Higginson J P Morgan J P Ord Robert Treat Paine 2d Marsden J Perry E W Rice Jr Charles Steele and L Schoenmaker all re elected except B E Sunny of Boston who succeeds Frederick P Fish who resigned.
MENTIONED IN THIS ARTICLE
Schenectady
N. Y
General Electric Company
Gordon Abbott
Oliver Ames
C. A. Coffin
W. M. Crane
T. J. Coolidge, Jr
B. E. Sunny
George P. Gardiner
Henry L. Higginson
J. P. Morgan
J. P. Ord
Robert Treat Paine
Marsden J. Perry
E. W. Rice, Jr
Charles Steele
L. Schoenmaker
Boston
Frederick P. Fish
Decrease in Railway Accidents Reported
Washington reports fewer interstate railroad accidents in Accident Bulletin No. 26 for the quarter ended December 31. Total casualties reached 20 48 with 1 092 killed and 19 566 injured, down from the previous year. There were 2 094 collisions and 1 870 derailments, including 27 collisions and 202 derailments affecting passenger trains.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Ideal weather weighs on Chicago grain and provisions
The Chicago wheat market closed weak amid ideal growing conditions with July delivery slipping to 4 to 4.5 cents down and May options at 98.5 percent. Corn traded mixed but ended near the day’s highs as export demand and a smaller on hand supply supported prices. oats were flat and provisions weaker. Local receipts and world supply figures showed varied impacts, with gains later near the close and mixed movement in July markets for wheat, corn and hogs.
MENTIONED IN THIS ARTICLE
United
Shorts
Hye
Winc
Minneapolis
Duluth
Chicago
Bradstreet
Bisc
May
Canada
Tottec
Aldermen Approve Funds for Parks and Water System
The board passed a $100000 appropriation for extending the high pressure water system in Central Park and considered a $100000 request for playgrounds to sustain year round staff. Debates touched Chelsea Park delays and other city office moves, with a $12000 office refit proposal failing to gain enough votes.
MENTIONED IN THIS ARTICLE
Central Park
Smith
Board of Estimate
Dowling
Chelsea Park
Walsh
Gunther
Douli
Halabrook
Sally
Brooklyn
Hast River Bank
Chambers Street
Bureau of Licenses
City Hall
Delaware & Hudson Plan Ratified for $50 Million Bonds
Stockholders approved a plan to issue bonds up to 50 million dollars secured by franchises and property to fund floating debt and improvements. Bonds will bear up to 4 percent interest, mature in at least 35 years, redeemable at 165. Current issue to total 20 to 25 million. Public Service Commission permission sought. proceeds to refinance debt and fund improvements. Retiring board re-elected with no opposition. total stockholders counted 5,361 versus 3,700 last year.
MENTIONED IN THIS ARTICLE
Delaware & Hudson Company
Public Service Commission
Anthracite Coal Trade Good Says Truesdale
William H. Truesdale, president of the Delaware Lackawanna & Western Railroad, stated the anthracite coal trade fared better than feared. He noted April demand was fairly heavy and the year’s final four months showed about a 10 percent sales drop from last year, with expectations of continued sizeable transactions and a slackening in coming months.
MENTIONED IN THIS ARTICLE
William H. Truesdale
Delaware, Lackawanna & Western Railroad Company
Domestic exports decline sharply in April trade data
April export values show a heavy drop in domestic shipments with cotton leading the decline. Total exports fall from the previous year, revealing substantial losses across breadstuffs, meat and dairy, cattle and hogs, mineral oils, and other categories as figures for the month and year to date are reported.
Prosperity group tours capital to boost good times
A. B. Hepburn of Chase National Bank hosted a luncheon with the National Prosperity Association committee from St. Louis. Members included E. B. Simmons of Simmons Hardware and Edward Devoy of the St. Louis Chamber, plus F. J. Wade of Mercantile Trust. They discussed cooperative action with the New York Chamber and期待 prospects for widespread business growth as crops promise a bountiful year. The St. Louis delegation departs today.
MENTIONED IN THIS ARTICLE
A. B. Hepburn
Chase National Bank
National Prosperity Association
St. Louis
Roosevelt
E B. C. Simmons
Simmons Hardware Company
Edward Devoy
New York Chamber of Commerce
Simmons
Hepburn
Chamber of Commerce
Chamber
Pennsylvania Company's Year Report Shows Record Earnings
The Pennsylvania Company reports for the year ended December 31 show gross earnings of 51,337,453 with net earnings of 14,401,904, all-time highs. Expenses rose to 36,935,629 due to higher tonnage, more passengers, wage costs, and material costs, while investment income and rents brought total gross income to 22,815,320 and net income to 9,896,487 after fixed charges and liabilities.
MENTIONED IN THIS ARTICLE
Pennsylvania Company
Canadian Pacific
Colorado & Southern
Iowa Central
Missouri Pacific
Central Branch
ST. Louis
Southern
Texas & Pacific
Texas Central
Pacific Coast
Erie
Jackson Gas
Kan City
Lafay Gas
Bingham G
Buffalo Gas
Ohio & Ind
Paterson & P G
Pitts
Denver Gas
Ulster & Delaware
Sao Ss
Fort West Us
Paul Gas
Indianapolis
Charles D. Barney & Co
New York
South 4Th Street
Philadelphia
New Jersey
Am Cement
Dedeee
Am Ry Co
Marsden
Collee En Eweere
Cambria Stee Tom
Philadel Co
Penn Krr Co
Elec Co
Penn Steel Co
Fairmount Trac
Phila Elec Co
Phila Rapid Tr
Lake Sup Corp
Tnion Traction
Sons
Wes
Lehigh
Welshach
Denver
Rio
Phila Co
Union Ferry
Boston Wool Market See-Sawing Prices Amid Muted Demand
Boston on May 12 reports higher sales but lower prices with trade confined to small lots as clothing demand remains weak. Domestic wools show mixed quotes across fleeces, delaine, and blood classifications from Ohio to California, with pulled and extra grades also listed.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Pennsylvania
Delaine
Michigan
Wisconsin
New York
Kentucky
Indiana
Missouri
Texas
California
Northern
Middle County
Southern
Oregon
Proposals for U S Court House Wiring and Clothing Goods
Sealed proposals received at offices in New York for interior conduit and wiring system in the U S Court House and Post Office building. Also requests for khaki clothing and equipage for Depot Quartermasters Office New York City with bid deadlines in June 1903. Includes multiple public works items and hospital service supplies with dates in May 1908.
MENTIONED IN THIS ARTICLE
Laseer
Washington, D
U. S. Court House
Post Offce
New York
U. S. Custom
James Knox
Taylor
Equipage Depot Quartermasters Office
Whitefall
New York City
Sanzel Cottom Drilling
WM 5
Pattex Depot
Arsenal
Philadelphia
Health and Marine Hospital Service
Port of New York
Stapleton
G. Y
Public Health and Marine Hospital Service
Stapietor
Preston H& Bai- Ache
P. H and M. H
Sea Department
Pre Ic
Fort Weed
Signal Corps
U. S
G. C. Burnelil
N. Y
Q. M
Surrogates Notices for William Bartels and Edward Candee
Notices issued under order of Hon Charles L H Beckett and Hon Abner C Thomas call all heirs to present claims against William Bartels and Edward Candee, deceased, to the respective New York City addresses by early July 1908. Administrators seek proofs and vouchers at 160 Greenwich Street and 50 Pine Street, Manhattan, with deadlines in June and July 1908.
MENTIONED IN THIS ARTICLE
Charles L H. Beckett
Ferdinand Bertell
Street
Borough of Manhattan
City of Or HT & Beardsley
Nassau Street
New York
Edward Willis
Abner C Thomas
County of
Allersons
Edward Willis Candeete
County of New York
Shiland
Shoemaker & Ges
Pine Street
Manhattan
City of New York
Also Mentioned on This Page
W. F. King
Wusing
Nickerson, Simmons & Buss
Gladdens Depositors
Barry and Gundlach
Southern Road
Westinghouse
General Electric
Chicago Grain and Provisions
D. & H. Plan
Lackawanna
Clinton Gilbert
Alliance Realty
Awd In & Tr
Am Surety Co
Astor Wes
Incoln Bankers
Fen
Mount Vernon
Bowling Steels
Mercantile
Metropolitan
Carnegie
Mtge Bond Co
Cas Co of Am
Morton
Central 1
Mutual Alliance
Century Realty Nassau A
City Invest Co
Nat Surety Co
Citizens
L In & Tr
Columbia
Commonwealth Law
Mtge & Sec
Commercia
Empire Trust
People's
Im Equitable Ave
Queens Coun
Farmers
L&t
Realty Assoc
Standard Trust
Flatbush
Gr & Ve
Franklin Orsse
Fulton
Tr Co
Pidelity
Guaranty
Itedes
Guardian
Cas Co
Ein Sine
M&t Co Ea
Han Jston
Stg&ic
Hom Trust
Hudson Realty
Norden Hudson Tr Co
Washington Inter Brig Corp
Westchester
Kings County
I Wébté M
Kenickerbocker
Windsor
Anew Trust Company OF New York
Underground Electric Railways Company OF London, Ltd
Speyer & Co
Speyer Brothers
London
Lazard Speyer-Huissen
Frankfort of Main
Teix
Guaranty Trust Company of
United States Rubber Co
Morton Trust Company
Bond & Goodwin
Mann, Bill & Ware
Berlitz School OF Languages
Madison Square
Harlem
Lenox Ave
127Th St
Brooklyn Ry
Court St
Asbury Park
N. J
American and Foreign Teachers’ Agency
M J Young-Fulton
Union Square
Mademoiselle Amyot
20Th St
Madison
Board of Water Supply
Marbletown
New Paltz
Tlster County
John A. Bensel
Charles N. Chadwick
Charles A Shaw
J. Waldo Smith
Thomas Hass
le Waser Ahyete
Commandant
Area Revenue Cutter Service
Treasury Department
Washington, D. C
Atlantic
Gulf and Pacific
Great Lakes
Honolulu
T. H
San Juan
Porto Rico
Beekman W
American Beet Sugar Company
Assenna Oe
Campereapecien Bt
Ferry Companies
Boston Wool Market
Baltimore
van Schaick & Co
United Railway
Norf
Chas City Ry
Seaboard
Union Trust
Third Nat Bank
ST Fidelity & Dep
Maryland Trust
Nor Cent Ry
Toronto
Stewart & Lockwood
No. 43
Exchange Place
Buffalo
Temiskam
Cobalt Central
Nipissing
Cobalt Lake
Nova Scotia
Peterson
Red Rock
Foster
Ueen
Green
Meek
Kerr Lake
Trethewey Little Nipiss
Watts Eoescece
Oswego
United Star Mortgage and Trust Company
J. H. Caldwell
City Chamberlain
Carroll Smith