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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

May 13, 1908

Page

5

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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